I was working on this story, but then I saw that Tony Hall had independently found my source and had already commented on BFP. Good sleuthing! You have prodded me to write a little faster.
Now I see that I have been scooped by CBC! It is amazing what the media will do when they are prodded.
The Financial Intelligence Unit (FIU) brings 113 charges against FCIB
Belize Map
Amandala Belize’s Leading Newspaper has an online presence. Author: Adele Ramos posted this story on 15/07/2008 - 01:18 PM: Clarification of First Caribbean Bank charges. (First Caribbean has assets of around US$10 billion, and has operations in 15 Caribbean
countries.) Here is a quote:

The Financial Intelligence Unit (FIU) has drawn up 113 charges for “failure to report suspicious transactions” for First Caribbean International Bank. In our weekend edition, we indicated that the charges were lodged in connection with a string of US-currency transactions with Belize Telecommunications Limited, now Belize Telemedia Limited (BTL).
Ramos added:

The widely reported scenario for the multi-million-dollar US currency tradings that have led to charges under the act is that the money (Belize currency) was withdrawn from one bank, traded on the streets for US dollars, and then the US dollar proceeds deposited in the other bank.
First Caribbean International Bank Shareholders Express Concern
On April 24, 2007 the West Indies Stockbrokers limited (WISE) posted: Concern over lack of disclosure at FCIB
Minority shareholders of FirstCaribbean International Bank (FCIB) continue to express much concern about the lack of disclosure from the company’s board of directors, with regard to the possible purchase of shares by CIBC Investments (Cayman) Ltd (CICL) and the price currently being offered for their shares.
.Here is another scandal mentioning the First Caribbean International Bank. US Army Major may have taken US $10 million in bribes!
This is from San Antonio Express (USA), July 24, 2007, via CaymanNetNews:

Federal authorities on Monday arrested an Army major on charges that he took almost $10 million in bribes and expected $5.4 million more on military contracts he had rigged. A handful of agencies, including investigative arms of the Justice and Defense departments, arrested Maj. John Cockerham, 41, and his wife, Melissa, 40.
Investigators are looking at every contract Cockerham handled — from bottled water to laundry services for American troops in Kuwait and Iraq.
The search netted numerous pages comparing the benefits of various offshore banking havens; account application documents from the First Caribbean International Bank in the name of John Cockerham; a letter from First Caribbean dated June 14, 2005, memorializing a visit by one of his alleged associates; and information establishing offshore bank accounts in Melissa Cockerham’s name, including at a bank in Grand Cayman.
Also found were 15 pages of Internet research into the advantage of offshore accounts in Barbados;…