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AG tells world: Don’t blame us over FTX
The Attorney General last night blasted that it was “a gross oversimplification of reality” for the world to blame The Bahamas for FTX’s collapse as no country had moved “as quickly” to tackle the crypto exchange’s implosion.
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BAHAMAS REBUTS FTX ACCESS CLAIMS: Securities Commission given lawful permission to transfer assets to ‘a safer space’
The Securities Commission last night debunked accusations the Government “directed unauthorised access” to FTX’s systems, and aided the withdrawal of digital assets, in violation of Bahamian and US court orders.
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LPIA advertising deal comes under scrutiny
Nassau airport’s top executive yesterday rejected concerns that the selection of its new advertising partner could run afoul of both the multi-million dollar contract’s bid requirements and the National Investment Policy.
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Gibson attorney’s recusal request refused
JUSTICE Cheryl Grant-Thompson has denied Adrian Gibson’s attorney’s recusal request, resulting in the MP’s trial moving forward in her court next May.
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Davis says Minnis lacked confidence to travel as PM
PRIME Minister Philip Davis yesterday chided his predecessor at Parliament saying the Killarney MP did not travel on the country’s behalf because he could not speak to people and lacked the self confidence to appeal to world leaders.
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Manager loses $195k claim over alleged watches theft
A store manager has lost his $195,000 claim against a luxury goods retailer over the alleged theft of hundreds of thousands of dollars in watches despite being cleared of all criminal charges relating to the affair.
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‘It was a mistake for Minnis to use expletives’
FORMER Prime Minister Perry Christie said Killarnary MP Dr Hubert Minnis made a “mistake” when using expletives in a Tribune interview, saying it appeared the former Free National Movement leader was trying to attract attention in the “most graphic way”.
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Minnis heckled outside House
FORMER Prime Minister Dr Hubert Minnis was heckled and taunted by a small group of Progressive Liberal Party supporters as he walked into the House of Assembly yesterday.
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Minnis' language to rebut PM's allegations 'did not set the right tone'
PRESS Secretary Clint Watson on Friday said Dr Hubert Minnis’ use of language to rebut allegations by Prime Minister Philip "Brave" Davis regarding a non-profit organisation was “concerning” and “did not set the right tone.”
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‘Unnecessary damage’: Food Task Force head rebuts PM
The head of the former COVID-19 feeding programme yesterday voiced fears that participants will be “unnecessarily damaged” by the Prime Minister’s continuing attacks on its work.
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Officer says ten-year-old girl identified her attacker
A POLICE officer testified in court yesterday about how a ten-year-old girl identified an accused man as the person who allegedly indecently assaulted her.
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Kanoo ‘100% vindicated’ over Health Travel Visa
A Bahamian digital payments provider yesterday said it had been “100 percent vindicated” by the Auditor General’s findings on the role it played in the Health Travel Visa initiative.
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Ex-BAIC manager’s $134k win over ‘radio show’ firing
A former Bahamas Agricultural and Industrial Corporation (BAIC) manager has won more than $134,000 after he was fired for allegedly sitting in his vehicle and joining in radio talk shows.
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‘High rise’ gambling costs Atlantis staffer
An Atlantis shift engineer’s claim for wrongful dismissal has been rejected after himself and other employees were caught gambling in the electrical room on the Reef’s 20th floor.
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Health visa processor against charging fee
The digital payment provider responsible for processing health travel visa fees yesterday said it was merely obeying government policy as it felt such charges should not be levied.
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Bank chief pushes back on imminent debt default
A prominent banker yesterday said there are no signs the international capital markets agree with a Caribbean economist that a Bahamian sovereign debt default is imminent.
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Liquidator blasts own creditors committee
A Bahamian broker/dealer’s liquidator has resumed battle with his own creditors committee by blasting their criticism of his $1m-plus fees as “significantly lacking in substance, truth and accuracy”.
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Drug smugglers fail in challenge
THE PRIVY Council advised the dismissal of the appeal of alleged drug smugglers who sought to challenge their extradition to the United States to stand trial for a host of drug trafficking offences.
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PM fires warning shot over procurement whistleblower
The prime minister yesterday seemingly threatened to disclose personnel file details on a former government employee who wrote an article challenging the administration’s procurement reform implementation.
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Fred Smith pleads for no more demolitions until court rules
FRED Smith, QC, made an impassioned plea for government to cease further demolition until the Supreme Court has made its final ruling on whether a standing injunction, which bars the government from evicting shanty town residents and disconnecting services in their communities, will be extended to cover unregulated communities in Abaco.
