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Tokyo Games ‘not going to start on July 24’

AS pressure continues to mount from athletes, member federations and healthcare professionals, one International Olympic Committee official gave the first indication that the 2020 Tokyo Games will be postponed due to the coronavirus COVID-19 outbreak.

EDITORIAL: Melia shutdown is a disaster for its staff

The news about the Melia Nassau Beach Resort could hardly be worse – it will close down for two years.

Meditation – The sea

THINK of the uncontrollable power of a storm. Harvey is certainly making his presence felt in parts of Texas. In the face of such force we are reminded to be humble no matter how important we seem to be. Tragic loss of life is a sobering reminder of the many who have found themselves going to a watery grave.

EDITORIAL: Evidence there to check the facts

EVIDENCE is a powerful thing.

CFL: Karl McCartney continues to excel with the Stampeders

ALREADY with an established reputation as a special teams ace, Karl McCartney continues to excel in his fourth season with the Calgary Stampeders of the Canadian Football League.

Top pro basketball players begin seasons on high note

SOME of the country’s top pro basketball players throughout the European, Asian and Middle Eastern circuit began their seasons on a high note.

BISX-listed firm's affiliate embroiled in '$140m fraud'

The head of a BISX-listed company yesterday told Tribune Business that it had “not been impacted at the moment” by its broker/dealer subsidiary becoming embroiled in an alleged $140 million investment fraud.

Bahamas broker 'pliant' in claimed investment fraud

The broker/dealer subsidiary of a BISX-listed company has been described by US regulators as “the pliant custodian” for an investment group accused of perpetrating an $140 million fraud, one investor alleging that it also failed to respond to its asset verification requests.

PM pays tribute to Edmund Moxey

THE late Edmund Moxey espoused ideas and introduced projects that historians will come to view as being way ahead of their time, Prime Minister Perry Christie said during the state funeral for one of the Bahamas cultural icons at the Parish Church of the Most Holy Trinity on Stapleton Gardens yesterday.

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.

Sports Notes November 14

MACEDONIA and Golden Gates continued where they left off as the Baptist Sports Council’s defending champions, opening up the 2012 season on the winning note in the 19-and-under, co-ed and men’s divisions respectively at the Banker’s Field, Baillou Hills Sporting Complex, on Saturday.

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.

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.

Mark St Fort dominates with 38 points, Nesbitt in the win column

MARK St Fort’s transition to the Japanese B2 League has been a welcome change to the veteran swingman.

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.

'Risk' broker may not return investor funds

There is a “legitimate risk” that a BISX-listed broker/dealer may not return funds caught up in a $340 million Ponzi scheme to their rightful owners, court documents obtained by Tribune Business have alleged.

Team Bahamas ends up 6th overall at the 29th Caribbean Amateur Junior Golf Championships

TEAM Bahamas faced off against the best junior golfers in the region but fell one spot off their pace in recent years.

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.

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.

Turnquest and Anand finish 2nd in their divisions at the 30th Caribbean Junior Golf Championships

TEAM Bahamas produced a pair of top three finishers against elite junior golf talent in the region at the 30th edition of the Caribbean Amateur Junior Golf Championships.The team concluded the final round yesterday following the three-day competition

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