Tourism chief urges ‘all hands on deck’ to combat crime
A senior hotelier is calling for an “all hands on deck” approach to combating crime given that it poses “a major risk” to The Bahamas’ continued post-COVID tourism and economic recovery if not controlled.
Data breach hits Sebas’ ‘Amazon’
Sebas Bastian’s regional e-commerce platform yesterday revealed it has been hit by a data breach that “compromised” the credit card information of Bahamians and other nationalities across the Caribbean and Latin America.
Billionaire sues on $100k Atlantis COVID ‘windfall’
A billionaire US property developer is suing Atlantis, its owner and American Express over “an improper windfall” totalling $100,000 after he was forced to leave his yacht in the resort’s marina due to the COVID-19 lockdown.
Bahamas bond prices ‘don’t reflect investor confidence’
The Ministry of Finance’s top official is asserting that this nation’s bond prices “don’t reflect the confidence investors have in The Bahamas” and “a benchmark issue” may be needed to help address this.
Crypto Thieves
ActivTrades
FTX and SALT will jointly present a new event, Crypto Bahamas, that will debut this week from April 26-29 at the Baha Mar resort in Nassau. The invitation-only event will feature collaboration and networking among leading investors and builders in the digital assets industry.
‘SECRET PAYMENTS’ TO FORCE SARKIS OUT: Claim Baha Mar contractor gave money to government officials and their associates
Sarkis Izmirlian is alleging that Baha Mar’s contractor make secret payments to unnamed “government officials, their family and associates” as part of a scheme to force him out from the multi-billion dollar development.
Taylor Industries staff gain 33% of severance
Forty-one former staff of now-defunct Taylor Industries will receive just 33 percent of the total termination pay and benefits owed to them in what the company’s liquidator defended as “a relatively positive outcome”.
Arawak Homes ‘umbrage’ on former-PM’s criticism
Sir Franklyn Wilson yesterday said Arawak Homes “takes serious umbrage” with Dr Hubert Minnis’ assertion that a southern New Providence community it is developing is “set up for disaster” and was started without the necessary permits.
US to freeze PI ‘Raider’s’ $21m
US regulators have moved to freeze three Bahamian bank accounts owned by the Paradise Island “Raider” as they bid to seize $21.1m in “ill-gotten gains” generated by a $100m multinational securities fraud ring.
AG: ‘We cannot be left out on digital assets ‘revolution’
The Bahamas cannot afford to be “on the outside of this digital assets revolution looking in”, the attorney general asserted yesterday, adding that the Government’s just-released policy paper positions the country to be “a leader”.
IAN FERGUSON: How to handle office romance
Many people meet their lifelong partners at work, yet dating someone in the office is often frowned upon.
GB law firm hails its maritime recognition
A Grand Bahama law firm says it has been recognised as a shipping and maritime law specialist by a major global referral network for legal services.
Pintard: ‘Real questions’ on likely new BPL chief
The Opposition’s leader yesterday charged that there are “real questions” over the energy regulator’s “objectivity” amid suggestions that one of its senior executives is being eyed as Bahamas Power & Light’s (BPL) new chief executive.
Fishermen fret despite ‘best lobster season for 30 years’
Bahamian fishermen, who have just enjoyed “the best lobster season for 30 years”, are now fretting over a potentially fallow summer due to a “tripling” of expenses brought on by soaring fuel prices.
‘Reclaiming lost ground’: Gov’ts digital asset plan
The Bahamas has “an incredible opportunity to reclaim lost ground and be part of finance’s new frontier”, digital asset specialists argued yesterday, as they hailed the Government’s release of its “vision” for the $3trn industry.
