October 27, 2016
Prime Minister Perry Christie pictured during a recent tour of the Baha Mar property.
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PRIME Minister Perry Christie announced the official sale yesterday of Baha Mar to CTF BM Holdings, a subsidiary of the Hong Kong conglomerate, Chow Tai Fook Enterprises Ltd.
PRIME Minister Perry Christie has confirmed the sale of Baha Mar to Hong Kong-based conglomerate Chow Tai Fook Enterprises Ltd (CTFE).
UNTIL the government “comes clean” over the inner workings of Baha Mar’s transfer of ownership, Bahamians will continue to see the ill-fated resort as a product of an “inside job” that shut out the $3.5bn project’s original developer Sarkis Izmirlian, according to Free National Movement Deputy Leader Peter Turnquest yesterday.