EDITOR, The Tribune.
IT might be too late, in fact it is but what if Cabinet had consulted with a few knowledgeable business folk on the Lucaya deal we might have saved ourselves what on the face of things is a raw deal. Sorry, since coming to office the FNM don’t consult!
So Hutchinson - Whampoa warned in January they would close the hotel… congrats, you got a stay till September but in the meantime as a result of media stories so the PM Minnis says “new investors came along” - so Mr Prime Minister one call to Hutchinson surely you could have got them to hold off for three-four weeks and Government work day and night to cause a direct sale?
There are very serious problems with Lucaya - open from the 2000s - has never made a profit - losses in excess of $8-10m annually possibly over time $130m+ and Hutchinson kept the hole in the ocean open (thanks Li!) 400 plus jobs.
So the plan is to develop Grand Bahama as an Eco-Green destination - how does your Oban Energy play into that?
PLP - Christie-Wilchcombe no better if the Wynn proposal was supported by them. You would fly to Beijing for that?
W THOMPSON
Nassau,
September 22, 2018.
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