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Bridging digital divide in world's new reality

In an address to the nation on COVID-19, the Prime Minister said: “Innovation and trying new things are an essential part of what we must do at this time.” This statement was followed by Dr Hubert Minnis encouraging Bahamians to continue creating mor

Browne and Mottley: Shapers of the regional future

PRIME Ministers Gaston Browne of Antigua and Barbuda and Mia Mottley of Barbados are two of the Caribbean’s young and dynamic leaders, both workaholics with clear and determined visions for the betterment of their countries. Each of them is a committed regionalist, notwithstanding insinuations to the contrary in sections of the regional media.

PETER YOUNG: Tumultuous year and passing of a statesman

SINCE this column is mainly about international affairs, it might be appropriate at the beginning of January to attempt a brief broad brush review of the year and offer some thoughts about the coming months in what has become a crisis-ridden world. But I fear that in today’s state of febrile uncertainty it would be hazardous to try to predict even the immediate future.

Team Bahamas 4th at the Caribbean Amateur Junior Golf Championships

TEAM Bahamas fell short of their goal of getting into the top three with a fourth-place finish at the Caribbean Amateur Junior Golf Championships in Humacao, Puerto Rico.

April creditors meeting urged over major fraud

The Bahamian liquidators of an alleged multinational fraud that has ensnared a BISX-listed firm’s affiliate have applied to the Supreme Court for an Order that the first creditors meeting be held during April 2013.

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.

BISX-listed firm’s affiliate in $75.5m ‘discrepancy’

There is a $75.5 million discrepancy over the sum allegedly held by a BISX-listed firm’s broker/dealer affiliate for a claimed multinational fraud, Tribune Business can reveal, with regulators having seized computers and a server from its downtown Nassau offices.

Avengers even series with police, Cybots take 2-0 lead vs Challengers

THE Bahamas Government Departmental Basketball Association continued its semi-final playoffs at the AF Adderley Gymnasium on Monday night.

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.

Bahamasair eyes 80-90% loads

BAHAMASAIR’S load factors into Florida this weekend are in the high 80 and low 90 per cents, the airline’s deputy general manager, Van Diah, revealed yesterday, adding that the carrier was tapping into a good share of tourist traffic this Christmas.

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.

PETER YOUNG: Small island developing states should speak with one voice

HAVING written only last week about COP26, the UN Climate Change Conference which opens in Scotland in less than one week, I hesitate to return to the subject today for fear of repetition. But there has been a significant new development and it may also be worth reiterating the importance of the conference to Small Island Developing States (SIDS) which include, of course, The Bahamas.

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.

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.

Liquidator readies control plan for Alliance accounts

Liquidators for an alleged $340 million Ponzi scheme are planning to apply to the Supreme Court for permission to gain control over six accounts they have been denied access to by a BISX-listed firm’s broker/dealer affiliate.

LW Young and broke candidates

Leon Walter Young, better known to us as L W Young, was first elected to the House of Assembly in 1912, during the governorship of either Sir Gilbert Thomas Carter or Sir William Grey-Wilson. A carpenter and building contractor by profession, Young would serve in Parliament for the Eastern District of New Providence, from the aforementioned 1912 to 1942 – the year of the Burma Road Riots.

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.

The Tribune

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