On Friday night, you saw the General Manager of St. Francis Xavier Credit Union Vincente Canul say that he had no problem permitting the Board of Directors entry to the credit union. That was, to say the least, a surprising development because Canul and his pro-tem board had worked actively to bar those board members from entering.
And following up on that reversal, the board tried to go into the Credit Union office yesterday, and again, security stopped them from entering. President of the Board Luciola West says she was told that only she could enter to sign checks for
working funds. West says that not only does it contradict Canul’s public declaration, it specifically contravenes the order of the Registrar of Credit Unions. She has forwarded a complaint to Registrar Sydney Campbell.
In the meantime, we are informed that credit union legislation, possibly to iron out the St. Francis matter, is going to the National Assembly on Friday. Also reported to be going to the House is the proposed sale of 8,000 acres of public land on Northern Ambergris Caye. Government says a private developer will pay $17 million for the land known as the Pinkerton Estate.
