News for Thursday, December 14, 2017

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A LOCAL charitable organisation yesterday urged Bahamians to "give a little of what we have" as it aims to honour a month-long drive to feed 5,000 families for Christmas. Philip Smith, executive director of the Bahamas Feeding Network (BFN), urged B

How was sloop missed by RBDF?

Migrants able to miss all the RBDF patrol craft and almost sail into the RBDF Base Coral Harbour totally undetected.

Let's pave the roads in 2018

I LIVE on New Providence. It is unpleasant to drive on most of our roads.

Bad news for BISX shareholders

Yesterday did not bring good news to the long-suffering shareholders of BISX-listed Bahamas Property Fund (BPF). Set up over 15 years ago to imitate American REITs (Real Estate Investment Trusts) by acquiring commercial properties and pooling them to create equity shares that would trade as liquid securities, it was a good idea but proved tough to execute in our limited property market.

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Man missing at sea, woman rescued after plane crash

ONE person was rescued and a search is underway for a man missing at sea following a plane crash in waters off West End, Grand Bahama on Thursday morning.

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COLUMN: The couple who captured our heart and soul

Even today’s bold headlines become tomorrow’s history and too often the people who were at the centre of an historic event or a special moment fade into obscurity.

Rolle and Parker-Edgecombe back Office of the Spouse

MINISTER of Social Services Lanisha Rolle yesterday gave her full endorsement of Patricia Minnis’ proposal for the establishment of an Office of the Spouse of the Prime Minister.

Man on drug charges

A 20-year-old man was arraigned yesterday in connection with a drug seizure at the Lynden Pindling International Airport earlier this week.

Two accused over Forbes murder

TWO men were arraigned in Magistrates Court yesterday over allegations they murdered another man in the Farrington Road area last week.

NIB worker's trial delayed by lack of stenographer

THE trial of former National Insurance Board (NIB) employee Selena Sweeting over allegations of bribery and extortion was yeterday adjourned for 24 hours due to the lack of a stenographer.

Man gunned down outside his business

A 41-year-old man became the country’s latest murder victim after he was shot multiple times early Wednesday morning outside his business.

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Judge rejects new Nygard bid for her recusal

A SUPREME Court judge has refused Canadian fashion mogul Peter Nygard’s second attempt at having her recuse herself from an ongoing judicial review against him on the grounds of bias.

Sloop landing near base is never acceptable'

SLOOPS landing near the Royal Bahamas Defence Force’s (RBDF) Coral Harbour base is “never acceptable,” National Security Minister Marvin Dames said yesterday as he expressed confidence the RBDF will adjust to deal with the new tactics of illegal immigrants. 

Regulations tabled for national honours

THE National Honours Regulations 2017 were tabled in Parliament yesterday to enable the appointment of an advisory committee to make recommendations to Prime Minister Dr Hubert Minnis and Governor General Dame Marguerite Pindling of those who are worthy of a national award.

Minnis details how close nation came to blacklisting

THE former Christie administration fell “woefully short” of its commitment to seek and obtain the required number of tax exchange agreements to prevent this country from being blacklisted, Prime Minister Dr Hubert Minnis revealed yesterday, adding only four of 43 agreements were reached months ahead of the last general election.

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Santa's helpers bringing a smile

SANTA’S Helpers founder Vickie Martell has brought smiles to the faces of many people on Grand Bahama and this year Reach Out Youth Organisation (ROYO) is recognising her for what she has done over the past four decades.

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Ex-Miss Bahamas accuses Tourism on copyright, $130k

* Khiara Sherman claims song used with no say-so * Copyright infringed in promoting Bahamas to guests * And Ministry ‘breached’ three-year employment deal

A former Miss Bahamas Universe winner-turned-songstress is suing the Ministry of Tourism for allegedly breaching a $130,000 employment contract and violating her copyright. Khiara Sherman, who once represented the Bahamas at the global pageant then-controlled by US president, Donald Trump, is claiming the Ministry failed to obtain permission to use her song, Fly Away With Me, in its multi-million dollar marketing campaigns.

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Bahamas ‘must reengineer economy faster than ever’

* QC: 2018 will ‘set economy for 20 years’ * Warns reform pace may be bewildering * Warns of tax, exchange control ‘recalibrating’

THE Bahamas faces having to “substantially reengineer its economy at a much faster pace than ever before” to escape global ‘blacklists’, a prominent QC warned yesterday. Brian Moree QC, senior partner at McKinney, Bancroft & Hughes, told Tribune Business that this nation’s response to the European Union/OECD initiatives in 2018 “will determine the future of the economy” for possibly the next 20 years.

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‘Wild Wild West’ web shop oversight hits Gaming Board

* AG: ‘Difficulty’ undermines ‘blue ribbon’ status * Gov’t ‘seconding’ anti-money launder specialists * Will ‘address forthwith’ web shop money transfers

THE Gaming Board’s “blue ribbon” reputation has been hurt by taking on regulation of the “Wild Wild West” web shop sector, the Attorney General said yesterday. Carl Bethel QC told Tribune Business that the Government was now seconding more experienced anti-money laundering regulators from other agencies to the Gaming Board in a bid to get to grips with a sector deemed “high risk”.

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Bahamas ‘shooting ourselves in foot’ on insurance regulation

* Bahamas ‘going beyond’ AML standard * AG: ‘We’ll give general insurers one year’ * Fears captive revival undermined

FEARS were raised again yesterday that the Bahamas could be “shooting ourselves in the foot” by including general and captive insurers within its anti-money laundering regime. Emmanuel Komolafe, the Bahamas Insurance Association’s (BIA) chairman, urged the Government to provide the “benchmarking” studies and data to support its decision to define both market segments as financial institutions under the Financial Transactions Reporting Act (FTRA).

Governor targeting ‘Caribbean lead’ in finance crime fight

* Bahamas must ‘aspire’ to ‘low medium’ rating * Central Bank goes to ‘continuous’ AML watch * Moving to address CFATF deficiencies

THE Central Bank’s governor yesterday said the Bahamas needs to target “a Caribbean leadership position” by reducing its financial crime risk profile to a ‘low medium’ ranking. John Rolle, responding to Tribune Business questions following the release of the Central Bank’s new anti-money laundering/counter terror financing strategy, said the move to “continuous” supervision of such risks would address one of the deficiencies identified in the Caribbean Financial Action Task Force’s (CFATF) assessment of the Bahamas.

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Moss, Knowles sign professional baseball contracts

ANOTHER pair of young Bahamians will add their names to the ever-expanding list of local baseball prospects to sign pro baseball contracts. Keithron Moss and D’Vaughn Knowles, products of the International Elite Sports Academy, signed with the Texas Rangers organisation to enter their minor league system.

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Bahamas Bowl aims to create festive, family atmosphere

THE Bahamas Bowl aims to create a festive atmosphere surrounding the game with community outreach efforts and a family atmosphere. The matchup between the Ohio University Bobcats and UAB Blazers is all set for 12:30pm Friday, December 22 at Thomas A Robinson National Stadium.

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Barracuda Swim Meet on Friday

FAMILY Guardian continues to help build the sport of swimming in The Bahamas by partnering with the Barracuda Swim Club for the 31st Annual Family Guardian/Barracuda Swim Meet, which is scheduled for December 15-16.

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PM: ‘No time to rest on laurels’ over EU

THE Prime Minister yesterday said the Bahamas has “no time to rest on our laurels”, given the European Union’s (EU) concerns over the absence of corporate income taxation. Dr Hubert Minnis told the House of Assembly that the EU’s Code of Conduct group had written to the Government expressing concerns that this nation’s tax system did not comply with its ‘blacklisting’ criteria.

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Buddy connects for 14 in win over slumping Suns

Buddy Hield continues his efficient shooting for the Sacramento Kings. Hield scored 14 points on 6-14 shooting (2-5 from three) in the Kings’ 99-92 win over the Phoenix Suns at the Golden One Center in Sacramento, California, on Tuesday night.

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'PLP started Dillet project - not us'

THE multi-million dollar project to renovate the Stephen Dillet Primary School this summer began without ministerial approval under the former Christie administration, Works Minister Desmond Bannister said yesterday.

Culmer slammed on 'dirty' illegals slur

THE Minnis administration is jeopardising the goodwill it has developed with the Haitian community by not condemning the recent statement of Free National Movement (FNM) Chairman Carl Culmer about illegal immigrants, contended activist Louby Georges yesterday.

Police smash gangs behind island-wide robberies

POLICE have disrupted four armed robbery rings and have arrested 11 suspects believed to be responsible for a string of armed robberies throughout New Providence.

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Guilty - but the guys who killed Joyelle looked unmoved

FROM the day the prosecution closed its case into the murder trial of three men accused of killing teacher Joyelle McIntosh, to the moment the verdict was read, her sister Joycelyn Clarke Szasz said she was “unsure, nervous and unable to sleep”.