All results / Stories / Neil Hartnell

Enterprises Bill  compared to ‘fighting cancer with band-aid’

A well-known businessman has compared the Government’s Commercial Enterprises Bill to “fighting cancer with a band-aid”.

BTC owner dismisses Cable’s mobile threat

The Bahamas Telecommunications Company’s (BTC) controlling owner yesterday dismissed the competitive threat Cable Bahamas will pose if it wins the second cellular licence, saying it was “not a big player” when compared to the likes of Digicel.

Tease photo

Contractor loses ‘millions’ in 4-year BEC theft fight

A former Bahamian Contractors Association (BCA) president yesterday said his business had lost “millions of dollars” during his four-year fight against electricity theft charges, and he was now trying “to put the pieces together again”.

Likely 45-54% CLICO recovery on key asset sale

By NEIL HARTNELL Tribune Business Editor CLICO (Bahamas) and its creditors are likely to recover only between 45-54 per cent of the insolvent insurer's investment in its largest asset, Tribune Business can reveal, as its liquidator gears up to fight the

PUT NATIONAL INTEREST 'IN FACE' OF ATLANTIS PARTIES

By NEIL HARTNELL Tribune Business Editor The Government has been urged to publish a "broad Bahamian policy" on Atlantis, a former finance minister urging it to put this nation's interests "in the face" of the parties starting to fight over the resort's o

Bahamas shrugs off FTX for perfect ‘40 out of 40’

The Bahamas yesterday shrugged off FTX’s implosion through what the attorney general hailed as the “enormous accomplishment” of a perfect score in the fight against financial crime.

Ex-minister: Dingman case 'waste of judicial resources'

Trying the $1.1 million damages claim against Jamie Dingman's failed Nassau restaurant empire in New York will be "a waste of judicial resources", a former Cabinet minister is arguing.

ATLANTIS BANKRUPTCY FEAR 'VERY FAR FETCHED'

By NEIL HARTNELL Tribune Business Editor Kerzner International (Bahamas) chief executive yesterday described fears that the company's $2.5 billion lenders would look to foreclose or place the company into bankruptcy as "very far fetched", following Brook

Ex-AG: Don’t let ‘proper’ FTX collapse probe slide

A former attorney general yesterday warned The Bahamas against letting a “proper probe” into FTX’s implosion slide because of its perfect score in the financial crime fight and Sam Bankman-Fried’s departure.

CCA: We’ll ‘be laughed at by world’ if Baha Mar not open

Top executives at Baha Mar’s main contractor voiced fears they would “be laughed at by the world” if the mega resort’s target 2015 opening was missed while admitting to multiple “shortcomings and deficiencies” in its construction.

Ex-minister pledges to battle $2.57m reversal

An ex-Cabinet minister has pledged "to fight on principle" a $2.57 million damages award against himself and his law firm, which the Court of Appeal last week backed as enforceable.

Lessons to learn in regulatory debacle

Dear Sir, Re: ONTARIO SECURITIES COMMISSION (OSC) and AMERON OIL AND GAS LTD et al. The news that Gaye Knowles was forced to settle with the OSC in the case originally brought against him and others, including Ameron, Mx-IV, Anthony Howorth and Giorgio

NHI: Gov’t warned on ‘significant error’

The Government is “making a significant error” over National Health Insurance (NHI) by allowing the initiative to become potentially “divisive”, a well-known businessman warned yesterday.

FTX shows Bahamas can’t ‘live or die’ by one investor

Governance reformers are arguing that FTX’s implosion further reinforces that there is “no silver bullet to solve our economic growth issues coming out of Dorian and COVID-19”.

Court: ‘No deal’ for 25,000 acre property

An $11.5 million deal to purchase the 25,000 acre property that was once Long Island’s largest employer cannot be concluded because there was never “an enforceable sales contract”, the Privy Council ruled yesterday.

Bahamasair facing $1m hangar upgrade

Bahamasair facing $1m hangar upgrade By NEIL HARTNELL Tribune Business Editor Bahamasair's 2012-2013 government subsidy requirement has not yet been determined due to a number of unknowns, including a likely $1 million spend to upgrade its main 50 year-

Bahamasair facing $1m hangar upgrade

Bahamasair facing $1m hangar upgrade By NEIL HARTNELL Tribune Business Editor Bahamasair's 2012-2013 government subsidy requirement has not yet been determined due to a number of unknowns, including a likely $1 million spend to upgrade its main 50 year-

Bahamasair facing $1m hangar upgrade

Bahamasair facing $1m hangar upgrade By NEIL HARTNELL Tribune Business Editor Bahamasair's 2012-2013 government subsidy requirement has not yet been determined due to a number of unknowns, including a likely $1 million spend to upgrade its main 50 year-

Freeport: Further uncertainty over VAT TIN demand

Fears are mounting that Freeport’s commercial environment is being further stifled by a new Customs edict that all Grand Bahama Port Authority (GBPA) licensees must obtain a VAT TIN number.

Tease photo

PM 'in la la land' on Bimini as top PPP

A well-known QC yesterday said Prime Minister Prime Minister Perry Christie was “living in la la land” to tout the Resorts World Bimini development as the best example of a successful public-private sector partnership (PPP).