August 28, 2018
The Grand Lucayan resort.
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The government will assume all li abilities including about $1m in back pay owed to workers at the Grand Lucayan resort in Grand Bahama.
AS the Minnis administration aims to complete the purchase of the Grand Lucayan resort in Grand Bahama next week, The Tribune was told officials are in the process of having the resort reappraised for reselling purposes.
OFFICIAL Opposition Leader Philip “Brave” Davis yesterday demanded the government make public an appraisal done on the Grand Lucayan, telling supporters the Minnis administration may be spending far more than the resort’s estimated value.
THE government intends to write a promissory note to Hutchinson Whampoa to complete the $65m purchase of the Grand Lucayan, The Tribune was told.Last week, Prime Minister Dr Hubert Minnis revealed the government made a $10m down payment towards the p