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A land hustle orchestrated and executed by the People’s United Party in the last days of their administration back in 2008 has returned to cost the Belizean tax payers a whopping $5,639,000. The deal has its origins in January 30th of 2008 when Olivia Villanueva, daughter in law of Love FM Radio’s principal, Rene Villanueva Sr., purchased by Minister’s Fiat Grant No. 312 of 2008 properties from the Government of Belize comprising of 105 acres of land situate at Hicks Caye, Belize District and another comprising 102.53 acres situated at Turneffe Island Range.
This amounts to over 207 acres of Caye land made available to a single individual, a realty company at that. What’s worse is that the Caye land, specifically the 102.53 acres of Turneffe land was purchased for a measly $27,300. There is no indication on how much was paid for the Hicks Caye property but we surmise that it is in the same range. The transaction was completed just days before the February 2008 General Electi