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Banks 'inviting' Gov't intervention 4 comments
Letters to the Editor
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TERMINATED RIU Palace workers will receive full severance packages after they were summarily dismissed for gross misconduct, legal counsel said yesterday.
FORMER NIB Director Algernon Cargill plans to sue the National Insurance Board after his company-issued vehicle was confiscated by the Board from his home yesterday morning.
FNM chairman Darron Cash believes the controversial forensic audit into allegations of misconduct at NIB will cost more than $1m when legal fees and other items are factored in.
THE recent search of web shops in Eastern New Providence has prompted an attorney to take further instructions from the owners in preparing for the substantive Court of Appeal hearing that is a week away.
POLICE have four men in custody and are still searching for a fifth man in connection with the shooting death of 34-year-old American Kyle Bruner.
VENDORS at Potters Cay Dock are tired of waiting for the government to make provisions needed to provide them with electricity for their businesses.
MORE than $1 million in US cash was discovered after police searched a vehicle in Grand Bahama yesterday.
JOHN Pinder, former National Insurance Board member, says the recently tabled forensic audit into that company’s daily operations should have been sent to tender rather than the accounting firm of Grant Thornton having been chosen.
NATIONAL Insurance Board Director Algernon Cargill was yesterday “terminated” as Director of the National Insurance Board, a post he had held for the past four years.
THE MINISTER of State for Legal Affairs said yesterday that the 15,000 file backlog at the Registrar General’s Department should be alleviated by month’s end, pledging major improvement through putting services on-line.
Commercial banks are “inviting” the Government to intervene in their lending practices, a top businessman warned yesterday, because they are “fuelling” behaviour that does not benefit the Bahamas.