‘Looted’ FTX assets used to buy share in eatery
FTX’s Bahamas chief used $2.5m allegedly “misappropriated” from the crypto currency exchange to finance his acquisition of a 40 percent ownership stake in a well-known New Providence restaurant.
PETER YOUNG: Fall of a wall that changed history
Amidst today’s countless international dramas, one milestone of history last week has been hardly mentioned.
Hield hits 10,000 points
National Basketball Association (NBA) pro Chavano “Buddy” Hield has hit yet another career milestone in the Golden State Warriors uniform.
Bahamians shine at NPC Grand Prix
Bahamians picked up numerous victories on Saturday at the 2024 NPC Worldwide Caribbean Grand Prix at the Atlantis Resort on Paradise Island.
Valley Boys faction leader ‘confident’ of the way forward in legal battle
A Supreme Court judge has granted a request to allow the Way Forward Valley Boys Junkanoo Group to be included in the ongoing legal battle with rival faction, The World-Famous Valley Boys Junkanoo Club.
Junior boxers put on a show at Battle of the Islands
Junior boxers Lionel Pinder and Payden Palacious got a chance to put their boxing skills on display at the fourth Battle of the Islands Boxing Tournament in St Maarten over the weekend.
‘Time for us to honour Elisha Obed’
Today is an historic day in the Bahamian boxing community. November 12 marks the 49th anniversary of when Bahamian boxing legend Everette “Elisha Obed” Ferguson made history as the first Bahamian to win a world championship in the sport.
Misuse of funds for small home repairs ‘still being investigated’, say police
DEPUTY Commissioner of Police Leamond Deleveaux said an investigation into the alleged misuse of funds in the Small Home Repairs Programme under the Minnis administration is ongoing, a year after telling reporters the investigation was 80 percent complete and that the public should hear the outcome “shortly”.
WSC manager testifies he was ‘reluctant’ to sign tank paint deal
ROBERT Deal, general manager of the Water and Sewerage Corporation (WSC), testified in court yesterday that he was reluctant to sign a document related to a water tank painting project in which he was not directly involved.
RBPF celebrates 60 years of women in policing
THE Royal Bahamas Police Force (RBPF) celebrated 60 years of women in policing yesterday, noting the organisation has had more than 600 female officers who have attained every rank, except for Commissioner of Police.
Townhouse supports Eleuthera students
Students at the Harbour Island All Age School (HIAAS) and North Eleuthera High School received a generous donation from a local business.
Man charged with the murder of Eddie Miller
A MAN was remanded into custody yesterday after being accused of the fatal shooting of businessman Eddie Miller outside a shopping centre on Faith Avenue in September.
Murder accused arraigned for death of John Ward
A MAN was remanded into custody yesterday after he was accused of a murder that occurred in Bain Town last week.
Sow and Grow a success
Excitement is blooming at St Cecilia’s Catholic School as students prepare to cultivate both plants and knowledge through the expansion of their Sow and Grow project.
Students invited to join Caribbean STEM Olympiads
Students aged 12-21 are invited to join the Caribbean STEM Olympiads.
Student spotlight: Lincoln Smith
Lincoln Smith, a ten-year-old 6th grade student from The Moss Town Primary School, Exuma received numerous awards at the Youth Empowerment Awards ceremony.
Cruise ships eye 38% discount to BPL rates
A $150m power plant’s developer is bidding to supply vessels docked in Nassau Cruise Port at rates more than 38 percent lower than Bahamas Power & Light’s (BPL) average commercial tariff.
Debt-to-GDP fall reversal with $342.5m liability jump
The post-COVID decline in The Bahamas’ debt-to-GDP ratio was reversed during the three months to end-September 2024 due to a sharp $342.5m increase in the Government’s borrowing liabilities.
Bahamas bonds suspended amid $210m Gov’t buy back
A major stock exchange has temporarily suspended trading in several of The Bahamas’ outstanding foreign currency bond issues while the Government attempts to buy back up to $210m of its debt.
Family Island population decline ‘not new’
PRIME Minister Philip ‘Brave’ Davis downplayed concerns about declining populations on the Family Islands, describing the trend as “nothing new” and noting that migration to New Providence has been ongoing for decades.
