Holy Redeemer Credit Union (HRCU) is grappling with a significant breach of confidentiality following the unauthorized disclosure of an internal audit report. The document, intended solely for senior management and the board, was leaked to Channel 7’s Jules Vasquez, who publicly discussed its contents during his broadcast. HRCU has condemned the leak, stating it violates both the Credit Union Act and the institution’s Code of Conduct. The credit union emphasized that the breach could jeopardize its agreements with regulators and external auditors. In response, HRCU assured its members that all issues highlighted in the audit have been resolved and that robust compliance measures remain in effect. The incident has sparked a broader debate about transparency and accountability within Belize’s financial sector. Questions have arisen regarding Section Thirty-two of the Credit Union Act, which HRCU cited in its statement. Does this section merely restrict HRCU officials from disclosing confidential information, or does it also prohibit media outlets from reporting on leaked documents? Additionally, HRCU has not ruled out legal action against the leaker or the broadcaster. The leak has drawn sharp criticism from Henry Charles Usher, who expressed concern over the potential exposure of personal financial information. Usher urged HRCU to clarify the matter publicly and ensure its response is widely disseminated.