BTL Director Chandra Nisbet-Cansino Abruptly Resigns Amid Acquisition Controversy

Chandra Nisbet-Cansino has withdrawn from Belize Telemedia Limited’s Board of Directors. Her resignation came this morning, shortly before a planned board meeting scheduled to begin at eleven o’clock.  The move has stunned observers, particularly given Nisbet-Cansino’s close family connection to the political directorate, she is married to the brother of the wife of Prime Minister John Briceño, at a time when BTL is pushing ahead with a proposed $170 million acquisition of Speednet/SMART and other cable interests. The deal has been widely viewed as one that could reshape the telecommunications sector and carries significant financial implications.  Reports reaching Love News indicate that Nisbet-Cansino’s resignation was driven by her opposition to the acquisition, specifically citing concerns over the lack of independent due diligence on the transaction. However, a conflicting account suggests that her departure from the BTL board was inevitable, as it was a requirement tied to her recent appointment to a senior managerial role with RF and G Insurance Company.  Love News reached out to Nisbet-Cansino for comment on the circumstances surrounding her abrupt resignation and the competing explanations now circulating, but she had not responded up to news time.