PRIME Minister Dr Hubert Minnis dismissed concerns yesterday about Peter Krieger, the non-executive chairman of Oban Energies and public face of the multi-billion-dollar project, who has faced a Securities Exchange Commission lawsuit alleging misappropriation of millions in investor funds, saying the revelations are “not new.”
DESPITE increased revenue and a real economic growth of 1.8 per cent, Deputy Prime Minister K Peter Turnquest said there are still tens of millions of dollars in remaining commitments left behind by the previous Christie administration that need to be satisfied.
THE Minnis administration is seeking approval from Parliament for a new loan of $100m to invest in Bahamas Resolve Limited, Minister of Finance and Deputy Prime Minister K Peter Turnquest announced yesterday.He said the government remains committed t
EXUMA & Ragged Island MP Chester Cooper said yesterday the government must explain why it entered into a heads of agreement with Oban Energies ahead of the company submitting an environmental impact assessment and evidence of adequate funding.
AS the deadline for members of Parliament and senators to file financial disclosures approaches, Press Secretary Anthony Newbold said everyone is on target to meet the timeline of March 1. “The Public Disclosure Commission continues to meet and the
PRESS Secretary Anthony Newbold said yesterday there is no timeline for when Prime Minister Dr Hubert Minnis will appoint a chief justice.His comment came as a small protest planned by a senior magistrate highlighting Dr Minnis’ failure to appoint a
CABINET has yet to take a formal position on the proposed Office of the Spouse, Press Secretary Anthony Newbold said yesterday. Prime Minister Dr Hubert Minnis’ wife, Patricia Minnis, promoted the idea as a way to address women’s issues in the countr
PRESS Secretary Anthony Newbold stressed yesterday the $4.5bn Oban Energies project for East Grand Bahama satisfied government criteria for deals of this magnitude.
FREE National Movement Chairman Carl Culmer Sr has lashed out at the Progressive Liberal Party, accusing the opposition of campaigning against the country’s progress.
AHEAD of an anticipated signing of a heads of agreement today, the Progressive Liberal Party is raising questions about Oban Energies, the company involved in a proposed $4.5bn oil refinery project for Grand Bahama, asking if the developers have their funding in place.
PROGRESSIVE Liberal Party Leader Philip “Brave” Davis said he has “forgiven” House Speaker Halson Moultrie for the personal attacks he launched in the House of Assembly last week, but said he remains appalled by Free National Movement MPs who appeared to justify the Speaker’s behaviour Wednesday.
MINISTER of Youth, Sports and Culture Michael Pintard, one of seven parliamentarians who were absent for Wednesday’s vote of confidence in House Speaker Halson Moultrie, said yesterday Mr Moultrie “went too far” in some of his comments last week.
A LONG Islander yesterday appealed to Prime Minister Dr Hubert Minnis not to begrudge the island out of spite for its MP Adrian Gibson, expressing fears over its depressed economic climate. Bernard Adderley, 61, expressed dissatisfaction over the le
FOR nearly a decade, insurance giant Colonial Group International, a Bermuda-based insurance conglomerate with global operations, has taken the terms disaster preparedness and customer service to a higher level with its temporary, portable, post-disa
DEPUTY Prime Minister Peter Turnquest said the Free National Movement respects the right of Pineridge MP Frederick McAlpine to speak his mind, adding he did not feel the latter lashed out against the governing party during his address in the House of