And while the Central Bank predicts that the Credit Union will be under their supervision for another 10 months or so, we also asked him why the former general Manager Rafael Dominguez is still being paid despite being sent home in April.

Jules Vasquez
"While the administration continues while the matter is pending, will the previous general manager continue to receive his regular salary?"

Kareem Michael, Governor of the Central Bank of Belize
"Yes."

Jules Vasquez
"Why?"

Kareem Michael, Governor of the Central Bank of Belize
"The law doesn't allow us to do anything other than that at this point in time and the registrar I choose not to comment on other actions or steps we will take to address that."

We note that while Dominguez was sent home, he was not terminated.

Tags Rafael Dominguez Kareem Michael Central Bank Of Belize