National Transportation Services Limited

In December 2005, the former Novelo's Bus Line shut down abruptly after more than two and a half decades of transportation service in Belize.

Beginning in about 1998, the Novelo brothers, David and Antonio, embarked on an ambitious plan to control all transport services in Belize.

Attempts to run the routes without licenses were shut down until the process was complete, but for several days Belizeans had no bus transport.

The thirty-million-dollar loan from the DFC, borrowed by the Novelos, became a main topic of the subsequent hearings into the actions of that company beginning in mid-2006 and continuing.

Recent revelations to the investigative commission indicate that the Novelos used their clout to fasttrack the loan in one day, an action that infuriated Belizeans.