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GBPA told to pay $300m in 30 days
THE Davis administration has sent a demand letter to the Grand Bahama Port Authority (GBPA), giving it 30 days to pay more than $300m allegedly owed to government over the last five fiscal years.
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'Release PwC report on what the GBPA owes’
FREE National Movement leader Michael Pintard wants the Davis administration to release the PwC report outlining what the Grand Bahama Port Authority (GBPA) owes the government.
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Ex-mp still free over $3m ‘life-altering’ money battle
A FORMER MP and ex-Supreme Court judge was yesterday said to remain free almost two months after police issued a ‘wanted poster’ for him over allegations he has failed to repay an investor more than $3m.
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FACE TO FACE: Founder of NABHOOD awarded President’s Lifetime Achievement Award for his service
ELEUTHERA-born American hotel industry influencer Dr Andy Ingraham has received the President’s Lifetime Achievement award from the President of the United States, President Joseph Biden.
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DPM: ‘Cracks’ showing in Briland’s tourism product
The deputy prime minister has raised the alarm that “cracks” are appearing in Harbour Island’s tourism product, as he warned: “Unless we manage the paradise we have we stand the risk of losing it.”
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GBPA ‘vehemently disputes it owes $1’ of $357m Gov’t claim
THE Grand Bahama Port Authority (GBPA) “does not accept it owes $1 to the Government out of that $357m” claim which has more than doubled after the number of years included were expanded.
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Opposition leader fears Bill ‘guts URCA’s BPL oversight’
THE Opposition’s leader yesterday accused the Government of “gutting URCA’s oversight” with planned energy regulation reforms that the Prime Minister said could lead to BPL’s break-up.
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FNM claims govt broke law on finance
THE Opposition’s finance spokesman yesterday challenged whether the Government may have violated public finance laws by drawing on $133m from its “sinking funds” to pay debts coming due.
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Energy bill opens door to BPL move
The Government yesterday unveiled a major overhaul of the country’s energy regulatory regime to provide a platform for rescuing Bahamas Power & Light (BPL) from its $1bn debt and investment hole.
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Judge rules on Wells’ LOI - ‘no case to answer’
A FORMER Cabinet minister’s decade-long ordeal over the Stellar Energy letter of intent (LOI) controversy was yesterday halted by the Supreme Court’s verdict that he has no case to answer.
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'Death by 1,000 cuts' fear on new Bimini airport fees
Private aviation operators yesterday voiced fears that the industry faces "death by a thousand cuts" amid a furious reaction to the imposition of multiple new fees to pay for Bimini's $80m airport upgrade.
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