When BTL's financials were issued last week from the Ashcroft and government management, it showed $21 million lost to expenses incurred by the previous Jeffrey Prosser management. Those expenses ranged from assuming Intelco debts, to a license fees to fees for maintaining Prosser's private jet. Well today, Prosser's ICC issued its own statement on those financials, disputing many of the figures put forth by the current management. As we noted, the current management opted to include a $6.8 million Intelco debt that government had guaranteed.
ICC's release says that Government had opted to give BTL a tax credit to off set this debt, but it is an option that the current management didn't take up. And as for the license fee that cost $8.4 million, ICC says that cost came from, "expert studies" that were needed to amend the company's operating license. $8 million worth of expert studies is a whole lot to upgrade a license, but ICC says government promised to pay them back and it never did.
As for changing money on the parallel market, ICC says that from 2003 a total of US$90 million was processed that way. That again indicates that it was a long established practice and today the Communication Worker's Union issued a statement in support of Aguilar, saying that, "the BCWU stands firmly behind Aguilar...(because) there is enough evidence to prove that the basis on which he was terminated was practice under the management of with recent owners of the company with their full knowledge and consent."
