EDITOR, The Tribune.

The letter published in both morning dailies yesterday, from Sandy Sands, VP, Baha Mar, was rather surprising and raises in my thinking some serious questions, probably on every single Bahamian’s lips.

It might be ill-timed, but for sure sometime in the near future, Baha Mar has a lot of explaining to do.

Forget about Chapter II - to me that is moot, as any person understanding the precedence, will conclude that our Courts will be hard pressed to support such an application. However, government with the petition to the court for taking Baha Mar Limited, into involuntary receivership, safeguards totally that Baha Mar will suddenly become a US Court issue.

Great pity that Mr Sands did not explain, that when they had the Baha Mar Academy in full force, in all probability the writing was on the wall — money was running out.

How long ago did we hear this same Mr Sands speak about construction is on schedule, and on budget - goodness gracious me. So what happened Mr Sands?

Now what is this thing about a “Baha Mar citizenship”? Employees being “Baha Mar citizens”?

Any educated mind has to suggest that something went horrifically wrong, in the process of building this project. It was Baha Mar principals that estimated the funds required, but it seems they miscalculated badly, even with no Bahamas Customs and all the concessions they got, estimated to exceed $1bn (I recall Atlantis got $250m – at least they finished and opened).

The daily growing file of filings in Delaware courts against Baha Mar Limited, certainly raise a comment. It seems Baha Mar reluctantly paid their bills...wonder what will come out of the cupboard with the development over night?

Many people back in 2003 warned Prime Minister Christie, but they were not heeded and their judgment was spot-on. We see it in full colour on Cable Beach.

Mr Sands when you have a moment, start your series of exposes of what went wrong!

W. THOMPSON,

Nassau,

July 17, 2015