Belize Telemedia Limited has issued a release assuring Belizeans and shareholders that an investigation has been ordered into the alleged misuse of the company’s credit card by the current Chairman, Net Vasquez.
Reports have surfaced that Vasquez allegedly used the card for personal transactions to the tune of tens of thousands of dollars.
There are also allegations that Vasquez secured a 2 year contract for his TV station, Channel 7 for advertisements.