Friday, February 10, 2017
By KHRISNA VIRGIL
Deputy Chief Reporter
kvirgil@tribunemedia.net
THE select committee appointed to probe the 2011 sale of the Bahamas Telecommunications Company (BTC) Ltd is making “steady progress” despite a rocky start, according to Golden Gates MP Shane Gibson on Friday.
Mr Gibson, who heads the committee, told The Tribune that the committee has requested all documents needed for their investigation. He said some of the needed documents were received and are being reviewed. After this is complete, he said another committee meeting will be scheduled.
At the first select committee meeting early last month no Official Opposition members turned up.
Mr Gibson at the time confirmed to The Tribune that the five-person panel had begun its charge to investigate, examine and inquire into the circumstances and facts relating to the privatisation of the company.
Committee members include South Beach MP Cleola Hamilton, and Tall Pines MP Leslie Miller, both members of the governing Progressive Liberal Party, and Montagu MP Richard Lightbourn and North Eleuthera MP Theo Neilly, who are members of the Free National Movement (FNM).
Mrs Butler-Turner, leader of the Official Opposition, was formerly named to the committee but replaced herself with Mr Neilly.
Mr Gibson explained that an email notifying all committee members of the upcoming meeting was sent by Maurice Tynes, clerk of Parliament, via email.
Mr Neilly advised the committee that he was travelling and could not attend, according to Mr Gibson, but there was no response from Mr Lightbourn.
Mr Lightbourn told The Tribune that he did not receive a notice concerning the meeting.
Last November, the government moved a resolution in Parliament to establish a select committee to probe the controversial sale to Cable & Wireless Communications (CWC).
Suggesting the 2011 sale was essentially a “giveaway”, Mr Gibson called the decision to privatise the telecommunications provider “damaging” as he pointed to BTC’s revenue generation abilities.
The Golden Gates MP was also adamant that some inconsistency might exist between the cost at which the then FNM government sold BTC and what CWC actually paid for it. BTC was sold to CWC for $210m, but Mr Gibson highlighted that in CWC’s audited financial statement, the company said it purchased the company at a cost of $204m.
Comments
Well_mudda_take_sic says...
Will someone please tell this bumpy headed crook that the people are now much more interested in the backroom deals that Crooked Christie, the Wicked Witch Maynard-Gibson and Bagman Baltron Bethel have cut with their senior executive friends at the Red China enterprises.
Posted 11 February 2017, 1:02 a.m. Suggest removal
Tarzan says...
All the sale "gave away" was the opportunity for lots of swag falling into the pockets of government insiders. This was such a lucrative boondoggle for Mr. Gibson and his PLP stalwarts it's no wonder they have spent five long years investigating. This is the same reasoning that values BEC and its new iteration so highly. It's a drag on the budget, but oh, how the cash flows to where, nobody knows.
Posted 11 February 2017, 8:19 a.m. Suggest removal
viewersmatters says...
We the people want a complete investigation into VAT money and why the Government borrow couple billions of dollars that the people have no idea where or what the usage of the money was, we want investigation into the Bahama mAh deal, we want investigation into BAMSI scheme ( how on earth the DPM issue contract to a contractor without being properly insured) and like always the Government mistake cost the BAHAMIANS millions of dollars to cover up for the Government negligence, who know how many other deals like this is going under the table. We want to know where the money from road traffic and social services went even though there supposed to be an investigation that never got carried out. Instead of focusing on one BTC the Government needs to bring the truth to the people on their millions of criminal act taken place since putting into office.
Posted 11 February 2017, 12:02 p.m. Suggest removal
sheeprunner12 says...
Ok ....... which sale?????? ........ the original?????? or the 2% deal that was never tabled in the Parliament ............ BTW....... what happened to the BTC shares that were to be sold to Bahamians??????? ........... Did Shane and his boys shared them amongst themselves????
Posted 11 February 2017, 4:23 p.m. Suggest removal
ThisIsOurs says...
LOL. Cleola Hamilton, LOL again.
Posted 11 February 2017, 5:45 p.m. Suggest removal
proudloudandfnm says...
They need to find out where those 2% shares Perry got back are...
Posted 13 February 2017, 10:08 a.m. Suggest removal
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