FNM: Govt needs to show transparency over FTX
THE Free National Movement yesterday doubled down on calls for government transparency in the aftermath of the FTX collapse, with its chairman Dr Duane Sands insisting the Davis administration must be seen to want to urgently get to the bottom of the situation.
Pintard calls for Sears to resign
FREE National Movement leader Michael Pintard on Friday called for Works and Utilities Minister Alfred Sears to resign, pointing to what he called a “failure of the government to act appropriately to reduce the cost of electricity”.
Watson defends govt’s response to FTX collapse
PRESS Secretary Clint Watson yesterday defended government’s response to FTX’s collapse, insisting that officials are communicating with the public as they get new information in relation to the embattled cryptocurrency exchange.
Mental Health Bill debated in House
MEMBERS of Parliament yesterday debated the Mental Health Bill, which, once enacted, will allow people suffering with mental illness to be better protected.
Deputy PM: Officials working on Downtown Revitalisation Project
TOURISM Minister Chester Cooper said yesterday officials are working actively on the Downtown Revitalisation Project as developments are on the way and some dilapidated structures have already been demolished.
FTX INVESTIGATION ‘OF HIGHEST ORDER’: PM says effort will be coordinated with authorities in other jurisdictions
AFTER the collapse of FTX, Prime Minister Phillip “Brave” Davis said he has ordered that local investigations be of the highest order and given precedence, adding that investigations will be a coordinated effort with “duly appointed authorities” in other jurisdictions.
PM defends Govt travel spending
PRIME Minister Phillip “Brave” Davis yesterday defended his administration’s travel expenditure for the first quarter of the 2022-23 fiscal year, days after the Ministry of Finance reported a $2.3m increase in government’s travel spending when compared to the same period in the previous fiscal year.
Deputy PM confident that Security Commission can handle FTX fallout
DEPUTY Prime Minister Chester Cooper yesterday expressed confidence in the Security Commission’s ability to handle matters related to FTX’s fallout, adding “we have had curve balls thrown at us before in financial services and we persevered.”
Plans to deter youth from crime
NATIONAL Security Minister Wayne Munroe said his ministry plans to launch a series of crime prevention programmes in the coming days geared towards youth to help deter them from turning to a life of crime.
Pintard demands account of public funds to BPL
OPPOSITION Leader Michael Pintard demanded the Davis administration provide a full account of public funds submitted to Bahamas Power and Light (BPL), after the government revealed further financial assistance to the entity.
GOVT WON’T APPROVE EVENT FOR ‘FUGITIVE’: Deputy PM responds to reports of event planned by Fyre Festival organiser
THE Davis administration will not endorse or approve any event in The Bahamas associated with “fugitive” Fyre Festival organiser Billy McFarland, Deputy Prime Minister and Exuma MP Chester Cooper said yesterday.
CRIMINAL PROBE OF FTX LAUNCHED...while FNM wants to know if government was left exposed
POLICE are working with the Securities Commission to investigate if any “criminal misconduct occurred” in view of the collapse of FTX, the Royal Bahamas Police Force announced yesterday.
PM unveils Bahamas Blue Carbon Credit Management Initiative at COP-27
PRIME Minister Phillip “Brave” Davis along with environmental enthusiasts unveiled the Bahamas Blue Carbon Credit Management Initiative at the CARICOM Pavilion at COP-27 on Friday.
FNM chairman: It's time to come home, Prime Minister
FREE National Movement chairman Dr Duane Sands has called on Prime Minister Phillip “Brave” Davis to get his priorities straight in governing the country, while claiming the electorate views him as an “absentee” leader.
Pintard: Get on with completing home repairs
FREE National Movement leader Michael Pintard is calling for the government to move with urgency to complete home repairs that were approved since Hurricane Dorian under the Minnis administration.
