May 25, 2016
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PM: Govt has been told Baha Mar buyer’s name
PRIME Minister Perry Christie said he and a government delegation that travelled to London, England, to meet with investors last week were informed about the identity of the anticipated buyer for the beleaguered Baha Mar resort, however he said he could not name the group because of the delicate stage of negotiations.
PM: China’s call to seal records
PRIME Minister Perry Christie gave his most extensive defense yet of the sealing of Baha Mar documents in the Supreme Court yesterday, telling parliamentarians such a process was standard and that global businesses cannot be expected to conduct their “sensitive negotiations” in the media.
Baha Mar buyer 'not yet known'
PRIME Minister Perry Christie hinted yesterday that the government does not yet know who the prospective buyer for the stalled $3.5 billion Baha Mar resort is.
PM's Baha Mar agreement lacks "any specifics" and "definitive guarantees" says resort developer
BMD Holdings said on Wednesday that the Prime Minister’s comments this week regarding the future of Baha Mar leave the Bahamian people without any specifics about a definitive buyer, the price that the China Export-Import Bank (CEXIM) is contemplating for the resort and any definitive guarantees that any unsecured creditors will receive any of the monies they are owed.
PM insists resolution to the Baha Mar saga is ‘imminent’
PRIME Minister Perry Christie has said he believes the Export-Import Bank of China is prepared to present a possible buyer for the beleaguered $3.5 billion Baha Mar resort, as he declared a resolution to the Baha Mar debacle is “imminent”.
Promises, promises
The PLP needs to deliver on its 2012 charter for governance before the next election, Tribune Chief Reporter Ava Turnquest says
PM expects Baha Mar talks - but gives no details
PRIME Minister Perry Christie said yesterday he anticipates that the government will be invited at some point to begin consideration of what it has to do to facilitate construction permits and “whatever else” China Construction America (CCA) needs in place to complete the unopened $3.5bn Baha Mar resort.
China pledged Baha Mar finish for Chapter 11 end
The Chinese “assured” the Government one year ago that they would finance and complete the $3.5 billion Baha Mar project if its Chapter 11 bankruptcy protection was removed.
PM hopes to speed up Baha Mar construction
PRIME Minister Perry Christie said yesterday the government is currently “observing and energising” negotiations between the Export Import Bank of China (EXIM) and China State Construction Engineering Corporation (CSCEC) in hopes of “persuading the acceleration” of construction at Baha Mar.
EXIM, China State Construction enter 'framework agreement' to complete Baha Mar
PRIME Minister Perry Christie announced in the House of Assembly on Wednesday afternoon that the Export Import Bank of China (EXIM) and China State Construction Engineering Corporation (CSCEC) have entered into a “framework agreement” to complete the stalled Baha Mar resort “as expeditiously as possible.”
Comments
John 7 years, 10 months ago
Are WE there yet? notice how it took over three years for gas prices and your light bill to decrease after oil prices fell by over 60% on the world markets. But now every single increase in the price of oil pushing the prices UPWARD! The price of gas has silently creeper up to $4.27 a gallon, almost overnight, as oil hit $49.00 a barrel. Who is benefitting? Who ripping off the Bahamian people? How come it take 3 years for the prices to go down but they going up overnight? They couldn't even buy my vote with Bah Mama (sic) eat about yours?
John 7 years, 10 months ago
Persons posting to The Tribune should be aware that the site has a serious virus. It installs itself on your computer and steals all your emails . Apparently an attempt to identify posters. Had it removed several times but whenever you come back to the site it reinstalls.
bushy61 7 years, 9 months ago
SURE ON TRACK. P L P ALL THE WAY.
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