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Collapsed entity’s $5m holding in BISX firm

Questions were last night being raised over the future viability of a BISX-listed company, after court documents disclosed that an entity accused of perpetrating a major multinational fraud held all its $5 million preference share capital.

'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

BISX-listed firm's CEO faces 'grilling' over alleged fraud

The chief executive of a BISX-listed company faces a grilling from liquidators investigating an alleged multinational fraud, who are seeking information on a series of multi-million dollar transactions involving his company.

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

Elite junior golfers on par in the Albany Classic

MONTHS after some of the top golfers in the PGA took the Albany Golf Course, elite juniors from around the region followed the same path and competed in the Albany Junior Golf Classic.

NPBA playoffs: Bucket stop Eagles Nest 98-91, Regulators top Rockets 100-97

THE New Providence Basketball Association continued its first round best-of-five playoff series with another double header at the AF Adderley Gymnasium over the weekend.

Benchmark denies 'material impact' via client's liquidation

BENCHMARK (Bahamas) yesterday said the Supreme Court-supervised liquidation of one of its key clients would “not have a material impact” on its financial position or “long-term development”, expressing confidence that it would achieve long-term business development goals.

Bahamian pro ball players standout in Europe, Middle East

BAHAMIAN basketball players continue to post standout numbers on their respective circuits throughout professional leagues across Europe and the Middle East.

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.

Pirates tie the game with buzzer-beater against visiting VMI team to force overtime

But Virginia Military Institute opts not to play the extra period due to slippery floor at the Kendal Isaacs Gymnasium

STEPHAN Smith canned a buzzer-beating three-pointer for the Pirates to tie their game at 98-98 against the visiting Virginia Military Institute to force overtime last night.

Holowesko victorious

YOUNG Bahamian riders Ella Holowesko, Siena Holowesko, and Tamsin Nottage travelled to Saugerties, New York, with their trainer Mrs Erika Adderley-Coello of Mariposa Stables, to compete at the Marshall & Sterling Insurance League 2016 National Finals this past weekend.

Bahamas ends up 5th overall at Caribbean Amateur Jr Golf Championships

SQUARED off against the best junior golfers in the region, the Bahamas fell one spot off their pace in recent years.

Junior golfers 'putt' Bahamas 5th overall

Team Bahamas produced a trio of top five finishers against elite junior golf talent in the region at the 31st edition of the Caribbean Amateur Junior Golf Championships.The team concluded the final round in fifth place in the race for the Hank James

PwC wins battle over liquidation of alleged fraud

A huge battle over who should wind-up an alleged multi-million dollar fraud, a case that has embroiled a BISX-listed company, has ended with the Supreme Court appointing a combination of PricewaterhouseCoopers (Bahamas) and the US receiver as liquidators.

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But Virginia Military Institute opts not to play the extra period due to slippery floor at the Kendal Isaacs Gymnasium

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