Belize Bank

Why the secret world of Belize business alarmed US drug agents 3

Rob Evans, David Hencke and David Pallister The Guardian, Monday 4 June 2001 09.44 EDT US documents obtained by the Guardian reveal for the first time why the drug enforcement agency and other US authorities were so concerned about millionaire Tory treasurer Michael Ashcroft’s offshore world in the 1990s. The original discovery that references to the Florida-based Tory donor existed in DEA files led to controversy two years ago. Mr Ashcroft issued a libel writ against the Times, which published a correction, and he declared there was nothing to support “allegations that I am a drug runner and money launderer.” […]

PM Barrow & Ashcroft Getting Ready To "Kumbaya"? 1

posted (May 14, 2012) on 7NewsBelize   On Friday night, the Belize Bank celebrated its 25th Anniversary – and the man who owned the bank for much of those 25 years, Michael Ashcroft jetted in for the event. It’s noteworthy because his acolytes say that Ashcroft has not visited Belize for three years, since BTL was nationalized. And he kept his distance because of a very cold, bitter and protracted war between the Ashcroft Alliance and the Barrow Administration. But on Friday night – relations seemed to be thawing. Not only was Ashcroft in town, but the featured speaker at […]