Latterly, Sir Shridath Ramphal has earned his good name in Belize as our facilitator in the Belize-Guatemala differendum: firm and zealous in the protection of Belize's territory.
But now as Jeff Prosser's man in Belize for the BTL buyout, it's not so easy to say who Sir Shridath is or what he represents. But one thing his lawyer Edwin Flowers says he is not, is disreputable. And with specific regard to the decision against Jeff Prosser's ICC in the United States, Flowers has written to 7NEWS saying that Ramphal's conduct in Prosser's buyout of Emerging Communications Corporation was above board.
As we reported tow days ago, in that case, Ramphal represented the minority shareholders whom the court determined, were taken advantage of by Prosser when he bought their shares for less than half their value. In defense of Sir Shridath, Flowers quotes a portion of the judgement which clears him of wrongdoing, it says: "there is no evidence that (Ramphal) colluded with Prosser or engaged in conduct disloyal to the minority stockholders' interests."
And while the judgement does say that, we point now as we did before to another portion of that Delaware judgement which says that Ramphal while acting for the shareholders was beholden to Prosser as the beneficiary of a, "lucrative consultancy that earned him US $360,000 over three years.
Whatever the characterization of Sir Shridath's conduct, the court found overwhelmingly against ICC for a number of reasons and now, the company plans to appeal the judgement.