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A Central Bank-appointed administrator has transferred former Lucayas Bank (PIB) clients, and their assets, to another Bahamas-based institution whose ultimate principal has since been charged with bribery in the US.
A former Cabinet minister’s son yesterday vehemently denied allegations that he played a key role in a land fraud conspiracy involving two Exuma cays worth a combined $29m.
The purchase of two Exuma cays, worth a collective $29m, by a US investor has been overturned by the Supreme Court which found the Bahamian vendors obtained ownership of the islands via fraud.
A trustee for City Markets employee pension fund yesterday warned that the dispute over its main asset “must be resolved out-of-court” otherwise it will be tied up in litigation for another decade or more.
A trade union leader yesterday hailed “the very good marriage” that presently exists between the Government and organised labour, adding: “We’re trying to get our country back to where it used to be.”
WHEN Elizabeth II ascended the British throne in 1952, Joseph Stalin was Premier of the Soviet Union. When she passed away a week ago, there was no longer a Soviet Union and Vladimir Putin was President of Russia.
DOES it feel to you that the world has somehow become a less comfortable, secure and stable place since the death of Queen Elizabeth II just a week ago? Whether or not you feel The Bahamas should remain in the Commonwealth of Nations or follow the path of Barbados into republican status, the queen’s passing seemed to send a shock wave around the world. Her death, though at her age of 96 it was hardly unexpected, was an emotional tsunami. She had that kind of impact around the world.
BJ Murray and his South Bend Cubs continued their dominant second half into the postseason and are one win away from the Midwest League championship series.
TEAM Great Britain, including members of the Bahamian contingent, has arrived in Regensburg, Germany and are currently in training camp as they prepare to chase 2023 World Baseball Classic qualification.
Thursday, 15th September, 2022.
MIAMI (AP) — A tropical depression formed in the Atlantic Ocean on Wednesday morning and forecasters at the U.S. National Hurricane Center said it could strengthen to a tropical storm.
PRIME Minister Phillip “Brave” Davis said he does not believe now is the time to start having conversations about the country’s future with the monarchy following Queen Elizabeth II’s death, adding that discussions over the issue can be had after the official mourning period ends.
THIRTY teachers at Thelma Gibson Primary School did not report to work yesterday because they are “sick of the principal”, according to Bahamas Union of Teachers (BUT) president Belinda Wilson.
LONG Island member of Parliament Adrian Gibson will face Supreme Court Justice Bernard Turner on September 23 regarding his corruption trial.
LOCAL forecasters are keeping a close watch on an approaching weather system that developed into a tropical storm last night.
PROTESTORS, led by the Coalition of Independents, flooded Parliament Square yesterday outraged over what they claimed was the government’s “intention” to advance drafted citizenship bills relating to issues that were initially rejected during the 2016 referendum.
Jonquel reacts to Game 2 loss
Jonquel Jones and the Connecticut Sun are once again facing a must-win situation to keep their 2022 season alive.
LET us hear a tale of two opinions on whether The Bahamas should become a republic.
I would like to write about a crisis we are and probably will experience sometime in our lives. Something many of us take for granted, that of water availability and purity. There are 37 nations globally who are experiencing extreme water stress today. Seven of these nations are Caribbean. Water Resource Groups estimate that by 2030, if no action is taken, with the projected population and economic growth rates, water demand will out pace globally supply by 40%.
Not wanting to get ahead of the discussion, but with the upcoming third attempt of amending the Marriage Act, we can presume that many of the “i’s” and “t’s” have been crossed and the passing will only be a formality after the planned symposium irons out the kinks.