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Legal threat to $5m benchmark pref equity

Liquidators for an alleged multi-million dollar ‘Ponzi’ fraud are threatening legal action to force a BISX-listed company to unwind, and return, a $5 million investment that accounts for 100 per cent of its preference share capital.

Francis Adderley wins President’s Cup Tournament

FORMER softball/baseball player Francis Adderley, who has played well in partnership with others in recent times, emerged as the champion of his first individual tournament over the weekend.

Bahamians look to have strong sophomore seasons on court

BAHAMIAN players at the junior college level are looking to have strong sophomore seasons and position themselves for an opportunity to eventually transfer to an NCAA programme.

STATESIDE: Politicians need to recognise when it is time for them to leave the stage

WHAT do Diane Feinstein, Ruth Bader Ginsburg, George Santos and Clarence Thomas have in common?

TOUGH CALL: What Bahamians are discussing on social media

SEVERAL recent posts on my Facebook page discussed topical issues and generated some interesting responses, which I share here.

'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy'

'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy' By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net With the second Bahamas Women's Open less than two weeks a

'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy'

'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy' By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net With the second Bahamas Women's Open less than two weeks a

'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy'

'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy' By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net With the second Bahamas Women's Open less than two weeks a

Elites, Giants even series 1-1 in the NPBA playoffs

Both the Sports Center Elites and TMT Giants evened their respective playoff series in the New Providence Basketball Association Division II playoffs at the AF Adderley Gymnasium on Monday night.

Miller re-elected president of BAAC in landslide victory

SHAUN Miller has been re-elected as president of the Bahamas Association of Athletic Coaches in a landslide victory over past president Curtis Pride with all of his slate of officers voted in.

100 farmers hit through tobacco grow 'scrapping'

Up to 100 farmers could be impacted by a Bahamian cigarette manufacturer’s decision to “scrap” its Andros tobacco growing plan, its chairman telling Tribune Business that conventional agriculture will also take a hit.

Junior golfers Anand, Azar in the lead

SOPHIE Anand continues to hold onto her lead in the girls’ 15-and-under division, while Diego Azar surged to the front in the boys’ 11-13 division as day two of the Caribbean Amateur Junior Golf Championships came to a close at the Albany Golf Club y

'Major concern' over BISX listed firm's $5m prefs

The $5 million investment in a BISX-listed firm’s preference shares “is of considerable concern” to the liquidators of its largest client, who have warned that the deal will receive their “continued attention”.

Women's Week events to conclude with march on Saturday

UNDER the theme ‘Press for Progress’, a week-long series of events marking Women’s Week and International Women’s Day will culminate in a march on Saturday. March organisers Equality Bahamas said this year’s events focused on bodily autonomy and cre

Kaleel Solomon and Titans suffer 84-58 loss in NJCAA finale

KALEEL Solomon and his Eastern Florida State Titans saw their cinderalla season end just short of the National Junior College Athletic Association national title.

$358m penalty for fraud with Bahamas 'alter ego'

A US judge has imposed a $358 million fine on the perpetrators of an alleged multinational fraud that he found employed a BISX-listed firm’s subsidiary as its “alter ego”.

'Severely hampered' over legal action against Alliance

Liquidators for an alleged multi-million dollar Ponzi scheme have been “severely hampered” by a lack of financing in their efforts to recover a $5 million investment, and pursue legal action, against a BISX-listed company’s main affiliate.

Gov’t crackdown on 20-25% uninsured motorists is urged

The Government was yesterday urged to crack down on the 20-25 per cent of Bahamian motorists who are uninsured, given the increasing frequency of traffic accidents where victims have no compensation recourse.

Commission forces Benchmark into broker 'guarantee'

BISX-listed Benchmark (Bahamas) has been forced to “guarantee” its broker/dealer subsidiary will meet all financial obligations for “at least 12 months”, after regulators expressed concern over whether it was a ‘going concern’.

Agriculture policy to emphasise buyer links

Small Bahamian producers and livestock developers must have secure access to regional and international markets, the Minister of Agriculture said yesterday, adding that “connecting buyers to sellers” was central to the the Bahamas’ Agriculture Policy Programme (APP).

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