Minnis: $1.6bn Sarkis verdict ‘tip of iceberg’
An ex-prime minister yesterday asserted that a New York judge’s ruling “may just be the tip of the iceberg” involving wrongdoing over Baha Mar’s construction amid calls for a Commission of Inquiry into the affair.
Aliv’s $120m raise beats goal by 33%
Aliv’s “far over-subscribed” $120m preference share issue beat its target by 33 percent and “bodes well” for future capital raises coming to market, an investment banker asserted yesterday.
$600m Bimini lawsuit an ‘exorbitant payment’ ploy
Resorts World Bimini’s majority owner is accusing its minority partner of trying “to extract an exorbitant payment” by demanding $600m in damages via an alleged “massive” accounting fraud claim.
Residents voice concern on Mosko Group zip line
Residents last night voiced concerns over the proposed zip line, as well as increased noise and traffic, that will result from the Mosko Group’s Rock Point “day trip” destination on New Providence’s north coast.
Programme launched to help over 2,000 households without power reconnect to BPL
THE Ministry of Energy and Transport, in partnership with Bahamas Power and Light (BPL), launched a holiday reconnection programme to help over 2,000 Bahamian households without electricity settle outstanding balances and restore their power for the holidays.
Bonefish fears over $985m South Abaco resort project
Environmental activists yesterday voiced fears that a south Abaco resort project will negatively impact “essential bonefish habitats” and undermine a multi-million industry that attracts high-end visitors.
‘Independent probe needed in Izmirlian case’
FORMER Prime Minister Dr Hubert Minnis said a New York judge’s ruling that China Construction America (CCA) sought to “curry favour” with Christie administration officials during its dispute with Sarkis Izmirlian “may only be the tip of the iceberg” as he called for an independent investigation into the allegations.
Oscar weakens to tropical storm - but residents urged to prepare
HURRICANE Oscar has weakened into a tropical storm, but residents in central and south-eastern Bahamas are urged to prepare as the storm is expected to make landfall today.
Three police arraigned on charge of raping woman
THREE police officers and one civilian were arraigned yesterday for allegedly raping an 18-year-old woman, while another officer faced charges of abetting the crime.
‘MP raped me and said he’d shoot me’
A WOMAN took the stand yesterday and described in detail how North Abaco MP Kirk Cornish allegedly sexually assaulted her twice, as the rape trial against him resumed.
Englerston residents express scepticism over PM’s ‘Clear, Hold, Build’ crime plan
THE “Clear, Hold, Build” crime strategy Prime Minister Philip “Brave” Davis revealed on Friday is largely similar to the plan he disclosed at the start of the year.
Two accused of armed robbery and housebreaking
TWO men were remanded to prison yesterday after being accused of an armed robbery on West Bay Street last month.
Bahamas sees imports rise by 25% while exports fall 13%
THE Bahamas experienced a 25 percent rise in imports during the second quarter of 2024, while exports fell by 13 percent, according to newly released data from the Bahamas National Statistical Institute.
Jones’ WNBA MVP performance inspires hometown
GRAND Bahama residents are proud of their daughter of the soil, Jonquel Jones, for the New York Liberty’s historic WNBA Championship win and for being named the 2024 Finals MVP.
PETER YOUNG: Royal tour with a difference
HOW interesting it has been to observe events “down under” these last few days as King Charles makes his first visit to Australia since ascending to the throne.
Man on bail charged for having firearm
A MAN was remanded in custody yesterday after being charged with a second firearm offence while on bail for a previous one.
Elections held for junior councils
The Local Government Junior Council Programme, now in its second year since its relaunch, successfully attracted three additional schools and executed a smooth electoral process last week.
Youth march held in Grand Bahama
The Ministry of Youth, Sports and Culture hosted a vibrant Youth March and Rally in Grand Bahama on Sunday, starting at the CA Smith Complex and concluding at Independence Park.
BREEF holds annual eco-schools workshop event
Bahamas Reef Environment Educational Foundation (BREEF) held its annual Eco-Schools Bahamas workshop, bringing together over 60 educators from Abaco, Eleuthera, Grand Bahama, Cat Island, and New Providence.
