creditIn a letter sent to the Board of Directors of the La Inmaculada Credit Union and copied to Glenford Ysaguirre, the Governor of the Central Bank of Belize, on Wednesday July 29th, a group of members/owners of LICU requested that the board call a special meeting as per article nine of the credit union by-laws. The members/owners requested that during the meeting four points be discussed, the delay in the 2015 annual general meeting, report of Audit, dividends due and four the termination of Mrs. Yolanda Gomez.

The board had fourteen days to respond to the demands of the members/owners who gathered more than the required signatures for a special meeting to be called. And before the fourteen days were up LICU acceded to the demands of the group.

In a release issue late this evening the LICU Board of Directors informs it membership that on August 22nd, the Muffles College High School Auditorium situated on San Andres Street will be the venue for the much anticipated Special Meeting for the members of the La Inmaculada Credit Union Limited.

The release states and we quote “As petitioned by members, and as per Article XI Section 9 of the Credit Union’s By-Laws, this meeting is being called to discuss: 1. Delay in the 2015 Annual General Meeting, the Report of Audit, Dividends Due and the dismissal of Mrs. Yolanda Gomez,” end quote. The release ends stating that it will be a Special General Meeting and not the Annual General Meeting that will be held and members would require bringing along their passbooks.

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