‘Arrest was not influenced by other considerations’
DAMIAN Williams, US Attorney for the Southern District of New York, said Sam Bankman-Fried’s arrest on Monday was dictated by law enforcement as opposed to any other considerations, including his scheduled testimony in Congress on Tuesday.
Shoppers warned: Don’t go broke for Christmas
A financial expert urged residents to take a “pause” and not to go broke this Christmas season while shopping.
Airline workers sign agreement
AFTER several months of negotiations, Nassau Flight Services and the Airport Airline and Allied Workers Union (AAAWU) signed a five-year industrial agreement at the Office of the Prime Minister yesterday.
‘No special treatment for FTX founder in prison’
ACTING Commissioner of Corrections Doan Cleare said former FTX CEO Sam Bankman-Fried is getting no preferential treatment in prison, adding that “all inmates are treated equally”.
Royal date for National Youth Award director
THE National Director of the Governor General’s Youth Award (GGYA) Jacquetta Lightbourne- Maycock travelled to the United Kingdom last month to address a fundraising dinner attended by Prince Edward, chairman of trustees of The Duke of Edinburgh’s International Award Foundation.
$15k fine over marijuana
A MAN was ordered to pay a $15,000 fine after he admitted to having 10 lbs of marijuana in his possession.
Shooting suspect is denied bail
A MAN accused of shooting at a woman as she drove away in her car was denied bail in the Supreme Court.
Boys accused of trespassing
FOUR boys admitted to trespassing on school premises after dark intending to commit an offence.
Tourism next year ‘the best ever’
TOURISM, Aviation and Investments Minister Chester Cooper says he anticipates that tourism arrivals for next year will “be the best” the country has ever seen, with forward bookings for the first half of 2023 already showing promising signs.
Minister quiet on Christmas decor cost
AMID some criticism over the national Christmas tree decorations, Youth, Sports and Culture Minister Mario Bowleg shied away from revealing the cost of the project, adding that he found no issue with the aesthetics.
Congresswoman hopes arrest will see Bankman-Fried held accountable
UNITED States Congresswoman Maxine Waters expressed hope that former FTX CEO Sam Bankman- Fried’s arrest and arraignment will signal him being held accountable for the alleged “fraud” he committed leading to the giant crypto exchange firm’s disgraceful fall, affecting as many as one million people.
Winning bidder for Grand Bahama Airport picked
AFTER several months of deliberation, the government has selected the winning bidder for the redevelopment of the Grand Bahama International Airport.
Cooper: We will defend nation’s reputation
WITH the arrest of former FTX CEO Sam Bankman-Fried dominating international headlines, Acting Prime Minister Chester Cooper gave an assurance yesterday that the government will continue to protect the country’s reputation, while expressing confidence in the nation’s judicial system.
New FTX CEO: Bahamas is not transparent
FTX CEO John Ray III said the Chapter 11 process in Delaware is the only clear option that gives visibility to customers about what happened to the fallen crypto giant and a chance to recoup their money, as he lambasted the process in The Bahamas as not transparent.
Govt to offer proposal to BPSU members today
THE Davis administration plans to present its final proposal to the Bahamas Public Service Union (BPSU) today, State Minister of Public Service Pia Glover-Rolle said yesterday. She is hopeful a new industrial agreement can be signed before the end of the year.
