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More Questions than Answers for Stake Bank Caye

Jul 28, 2021
More Questions than Answers for Stake Bank Caye
Stake Bank and the Port of Magical Belize will face off in the Supreme Court on September thirtieth, following leave being granted earlier this week for Port Coral to file application for judicial review. But while that legal matter is several weeks away from being heard, News Five has been combing through an Environmental Compliance Plan for the Stake Bank project that was completed in August 2017. There is more information being revealed from our look at the twenty-two page document. Here is News Five’s Isani Cayetano.

Isani Cayetano, Reporting
When ground was broken for construction to begin at Stake Bank in February 2019, developer Michael Feinstein did not foresee that another competitor would be seeking to build a similar cruise terminal less than twelve miles away. With permission being granted for the Port of Magical Belize to be built on the mainland not far from the Si ....

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Stake Bank Granted Application for Judicial Review of Port of Magical Belize Environmental Clearance

Jul 26, 2021
Stake Bank Granted Application for Judicial Review of Port of Magical Belize Environmental Clearance
Stake Bank Enterprises has been granted an application for judicial review of the environmental clearance granted to Port of Magical Belize. The Department of the Environment gave the clearance in April, but Stake Bank Enterprises has challenged this, claiming it is too close to their own port and poses environmental threats. They had also alleged the clearance was given without adequate research and documentation, which is something the Chief Environmental Officer Martin Alegria has refuted.
Viewers please note: This Internet newscast is a verbatim transcript of our evening television newscast. Where speakers use Kriol, we attempt to faithfully reproduce the quotes using a standard spelling system. ....

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