May 15th 2008
From The Economist print edition

What connects the deputy-chairman of the Conservative Party with Hugo Chávez?

MICHAEL ASHCROFT is a powerful man. A former treasurer of the Conservative Party, he is now its deputy-chairman. He is also a very wealthy man—the 65th richest in Britain, according to a rough-and-ready ranking by the Sunday Times. Through one of his companies, he has given over £3m ($6m, at today's rates) to the Tories in the past five years in cash and kind (including free flights for the leadership and opinion-poll research). Before the last general election, Lord Ashcroft lent the Tories another £3.6m.

As well as being powerful and rich, Lord Ashcroft is elusive: he is the right-wing pimpernel of British politics, whose name is uttered with awe and terror by Labour MPs. The mystery partly emanates from Lord Ashcroft's association with Belize: he spent part of his youth in what was then still British Honduras, subsequently returning to Belize to base some of his business activities there.

Belize is the smallest country on the American mainland, and one of the poorest in the Caribbean (“if the world had any ends,” Aldous Huxley wrote of it, this “would certainly be one of them”). If Lord Ashcroft is an influential man in Britain, in Belize he is a colossus. His holding companies control, among other things, the country's biggest bank, Belize Bank. A strange tale involving that bank and Hugo Chávez, Venezuela's left-wing president, now risks embarrassing the Tory deputy-chairman.

At issue—and now under dispute in assorted ongoing court cases—is a $10m transfer from Venezuela to the government of Belize that has, in effect, ended up in the coffers of Belize Bank. The bank argues that the money it received constitutes repayment of a government-guaranteed debt; the current government says Belize Bank had no right to hang on to it and is suing to get it. The story revolves around a private hospital established by a company called Universal Health Services (UHS), with early financial backing from the government of the day and from Belize Bank.

Download Ralph Jr.  Assets/Will

From International Bank Accounts in the US, Canada and  Panama (14 to be precise) to hundreds of acres of land in Belize and property in Belize.  We must ask how can some one gain so much wealth if not by corruption?   The death of Ralph Jr., has brought to light the millions “tucked” away by Ralph Fonseca Sr.   Millions we can only assume taken by the greedy hands of the PUP’s.  This is only ONE PUP, imagine the others. 

The PUP’s have money on their mind, with election nearing we can already see the PUP’s trying to grab anything they can take with them.  Said Musa and his PUP administration has proven to be the most corrupt  Government in Belize’s history.

PUP is WRONG for BELIZE.    

freeBelize.org decision to post this document is based on the continuous abuse and corruption by the current PUP administration.  Ralph Fonseca Sr. has been a detrimental force in the country of Belize.   And as such we must show how Ralph Fonseca does it