14/08/2026
𝐂𝐀𝐁𝐈𝐍𝐄𝐓 𝐑𝐄𝐓𝐑𝐄𝐀𝐓𝐒 𝐔𝐍𝐃𝐄𝐑 𝐏𝐑𝐄𝐒𝐒𝐔𝐑𝐄?!?
𝘽𝙮 𝙩𝙝𝙚 𝙡𝙚𝙖𝙙𝙚𝙧 𝙤𝙛 𝙏𝙝𝙚 𝙊𝙥𝙥𝙤𝙨𝙞𝙩𝙞𝙤𝙣: 𝙃𝙤𝙣. 𝙏𝙧𝙖𝙘𝙮 𝙋𝙖𝙣𝙩𝙤𝙣
The statement issued by Cabinet this afternoon stating categorically that they do not support the proposed $80 million BTL Acquisition of SMART/SpeedNet may represent a political retreat, but it does not establish that the proposed deal is legally, financially, and procedurally dead.
This is not a victory lap, not as yet. We need definitive answers.
* Does the acquisition require Cabinet approval to proceed, and if so, at what stage?
* What is the legal effect of the votes already taken by the BTL Board and the Social Security Board?
* Will Cabinet formally direct its Government-appointed representatives on the BTL Board and SSB to take whatever steps are necessary to rescind, reverse, or otherwise terminate their previous approvals?
* Has BTL entered into any binding commitment, undertaking, or contractual obligation arising from the 8-2 vote in favor of the acquisition?
* When will the BTL Board meet next? Will the acquisition be formally reconsidered at that meeting?
* Will the Government publicly disclose the relevant resolutions and documents so Belizeans can independently verify that the transaction cannot proceed?
We cannot and should not treat the matter as concluded until there is documentary and procedural certainty that the acquisition cannot and will not proceed.
Let us continue to sustain the pressure until we have answers to the pertinent questions. The vigilance of the Belizean people brought us to this point. Thank You. That vigilance must continue until we know, definitively, that this proposed acquisition will not proceed.
Stay Awake Belize!