Gov’t investment chief: ‘We must regain people’s trust’
The Government’s investments chief yesterday admitted it has “a lot of work to do in regaining the trust of the Bahamian people” while revealing that some $660m worth of projects are on the drawing board for Long Island.
FTX’s Bahamas creditors unlikely to see full recovery
FTX’s newly-appointed chief executive yesterday asserted that corporate governance was non-existent at its Bahamian subsidiary, adding: “Never have I seen such a complete failure of controls in my 40-plus years.”
$250m cruise port: ‘We’ll help Long Island flourish’
The proposed $250m Long Island cruise port will handle up to 12,000 persons daily at full build-out, one of its principals revealed yesterday, adding: “Our goal is to help Long Island flourish.”
Long Island’s to airport is branded ‘a disgrace’
Long Island’s chief councillor yesterday branded the Deadman’s Cay airport “a disgrace and leaves much to be desired” as the lack of airlift and connectivity continues to undermine the island’s economic prospects.
BNT selects Lakeshia Anderson-Rolle as its new Executive Director
INCOMING Bahamas National Trust Executive Director Lakeshia Anderson-Rolle will be the first woman to lead the country’s foremost environmental stewardship organisation as it charts an ambitious course towards a sustainable and climate resilient future.
More than $32,000 raised for Hurricane Dorian memorial fund
MORE than $32,000 was raised for the Hurricane Dorian memorial fund that was created by the government to assist storm victims still recovering from the monster storm, Press Secretary Clint Watson revealed yesterday.
'Very encouraging’ first quarter fiscal performance
FINANCIAL Secretary Simon Wilson yesterday described the nation’s fiscal performance for the first quarter as “very encouraging”, saying while officials see no reason why this positive trajectory can’t continue, they must also remain cautious due to the possibility of a recession, among other factors.
Dorian housing alternatives ‘would have been a fraction of the cost’
DISASTER Reconstruction Authority Chairman Alex Storr said there were several options for temporary housing after Hurricane Dorian, adding that if there had been practical thought, the results would have the former government spending a “fraction” of the $4.6m it expended on domes in Abaco.
The DRA may have to help with more home repairs after Nicole
DISASTER Reconstruction Authority Chairman Alex Storr said yesterday it is possible that the DRA may have to help additional homeowners repair homes as Hurricane Nicole may have exacerbated the challenges for some in Abaco and Grand Bahama.
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.
‘I know what it takes to run the association’
WITH a mandate to change the mindset of the athletes and coaches and to develop a programme to revitalise the sport of track and field, Dawn Woodside- Johnson has revealed her platform she’s campaigning on to become the new president of the Bahamas Association of Athletic Associations.
Robinson wins Bahamas Professional Golf Association’s Korn Ferry Qualifier
BOOKS ANOTHER TRIP TO THE GREAT EXUMA CLASSIC
DEVAUGHN Robinson booked another trip to the Great Exuma Classic by winning the Bahamas Professional Golf Association’s Korn Ferry Qualifier by five strokes on Monday at the Ocean Club Golf Course on Paradise Island.
‘Golden Girls’ inducted into National Sports Hall of Fame
It was a memorable night on Wednesday for the athletes, who shared centre stage with ‘Golden Girls’ Savatheda Fynes-Coke, Chandra Sturrup, Pauline Davis- Thompson, Debbie Ferguson-McKenzie and Eldece Clarke as they were inducted into the Ministry of Youth, Sports and Culture’s 2022 National Sports Hall of Fame.
American man fined for drugs possession
AN American man was fined yesterday after drugs were found in his luggage at Lynden Pindling International Airport.
Man bailed on charges of theft and escape
A MAN was granted bail in Magistrate’s Court yesterday on theft and escape charges.
Indecent assault charges
TWO men were placed on overnight remand yesterday in connection with two separate charges of indecent assault.
Five charged in connection with firearm and ammunition seizure
FIVE men were charged in Magistrate’s Court in connection with a recent seizure of a firearm and ammunition.
Coach Yo and Ole Miss in Baha Mar Hoops
THE Bahamas will be an active venue for NCAA basketball this month and that list of programmes will include Yolett McPhee-McCuin’s Ole Miss women’s programme. Ole Miss will participate in the eight-team field at Baha Mar Hoops Pink Flamingo Championship at the Baha Mar Convention Centre.
Three arrested in connection with two armed robberies
POLICE said quick response by officers resulted in the arrest of one man and two teenagers in connection with two separate armed robberies that occurred on Wednesday.
Police ‘have not interviewed FTX CEO’
POLICE have not interviewed former FTX CEO Sam Bankman-Fried, Commissioner of Police Clayton Fernander said.
