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PRIME Minister Philip ‘Brave’ Davis speaks concerning the arbitration over GBPA during a forum in GB on March 9, 2026. Photo: Vandyke Hepburn

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PM: GBPA was asset stripped by its owners

The Prime Minister last night accused the Grand Bahama Port Authority’s (GBPA) two owners of asset stripping by transferring its productive economic assets to an affiliated entity and leaving Freeport’s quasi-governmental authority a regulatory shell with minimal income.

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