Looks like the government used BOB as part of their own version of a Ponzi scheme. Plunder Loot Pillage profit, People lose! Fire them is right! Then make them accountable in a legally administered and fully transparent Commission of Enquiry. Don't let 'em run! Make sure they foot the bill for the Enquiry!

The rape, pillage and plunder of BoB has been in the news for years now and this ugly oaf Hubiggity only now decides to speak up about it on the eve of a general election. Ask yourself why? Also ask yourself why neither Minnis when he was leader of the opposition nor LBT after him ever spoke out very loudly and forcibly about all the shenanigans at BoB over many years that occurred right under the noses and with the approval of Paul McWeeney and Richard Demeritte. The shenanigans that occurred at BoB are tantamount to outright theft by high ranking PLP and FNM officials alike, depending on which party had control of the government at the time. That's right, the FNM too under Hubiggity saw to it that certain mega million dollar loans were made by BoB to cronies of Hubbigity and Frank Watson while the FNM was the governing party; loans that should never have been made. Ask yourself why Hubiggity fired Al Jarrett (long since deceased) as Chairman of BoB because he refused to do the bidding of Hubiggity as PM at the time and have BoB make loans to certain of Hubigitty's cronies that Jarrett knew full well could not and would never repay their loans! And to think Hubiggity only now decides to stand four square (like an unhealthy oversized toothless old red glassy eyed pitbull) behind the greedy power hungry incompetent dimwitted Minnis who he effectively foisted on us by his sore loser attitude after his embarrassing unexpected defeat in the 2012 general election. What a joke!!

Sorry, my grandson just called me to say "who" should be "whom" in penultimate sense to my post immediately above. Not only is my grandson very well educated but he always politely seeks to better his grandparents' command of the English language. A proud grandparent I am.

Comrade Well_Mudda_Take_Sic, does your grandson has a interest in expanding his Tutuage Agency - say by one pupil?

Hey Mudda, you think that because Al Jarrett also owed BoB a large sum might of had something to do with his getting fired? Not to mention this weird PLP practice of appointing people, Jarrett, Miller, Chairman of the Board of banks,companies or corporations that they owe millions to.
Your hard on for the FNM reminds me of Birdie just a little more articulate.

My friend, the FNM today is not the FNM that it once was......and if you can't figure that out for yourself, well, just do whatever your misguided heart desires you to do come election day.

Good advise Mudda, I think I'll pick the lesser of the two weevils...........

But pleeeezzzz, if you are a registered voter in Killarney, vote for anyone but the greedy power hungry corrupt dimwitted Minnis! And if you live in the Centerville constituency and have registered to vote, please vote for anyone but Christie who, like Minnis, is now definitely corrupt to the core!! And no, I'm not a supporter of McCartney!!! Whomever is the best man or woman in my constituency with the least amount of known undesirable qualities will be getting my vote without any consideration being given to their party affiliation. All of us need to THINK, THINK, THINK!!!!!

Do you honestly believe that voting for some supposedly "honest" unknown not affiliated with one of the two, or three if you like, major party's will influence the change in government so badly needed at this point? Do you envision a coalition government of these so called honest independents and who do you consider honest and competent enough to lead them? Have you taken a leaf out of Loretta's book "An end game was never part of the plan" or do you just enjoy being that voice in the wilderness?

We have at least two, possibly three, political parties with known corrupt candidates who are certainly not fit to be involved in governing our country. No one should be voting for a candidate known to be dishonest and/or incompetent simply because he or she happens to be affiliated with a particular political party. We can only hope each constituency has at least one candidate who is not known to be dishonest and/or incompetent and who may or may not be affiliated with the PLP, FNM or DNA. Have more faith in mankind my friend and just let the chips fall where they may when it comes to the political parties that have exercised little care in their candidate selection process. We desperately need to avoid our HOA being stacked with dishonest and/or incompetent individuals.

AL JARRETT WAS A WELL SPOKEN IDIOT WHO SOLD HIS HONOUR TO THE PLP FOR A POLITICAL APPOINTMENT. MOST OF WHAT I HEARD HIM SAY ON THE RADIO AND WHAT HE WROTE IN THE NEWSPAPERS IN THE RUN UP TO THE LAST ELECTION WAS GARBAGE.

http://www.tribune242.com/news/2016/apr…

@DDK - Fat chance of that ever happening! And in any event, reveal to whom? To Minnis or to the public at large? Don't hold your breath!!

This is what you have become with your incessant crossposting, doppelgangers, and incessant ranting.

I thought that you were smarter than that.

Grandson -- LOL !

http://tribune242.com/users/photos/2017…

Most prefer a 'cooing' pigeon to a 'clucking' hen, especially one that drops nothing but rotten eggs. Sorry - just couldn't resist.

Comrades! Who could've known all along Papa Hubert had been reading Comrade Tals's posts - and one them I has been blooging for a long time how there aren't a lot of cash in that vault over at Bank of Bahamaland (BOB) - cause the politicians had long got there before the ordinary bank's customers could.

Wasn't some of the shareholders planning to take BoB to court over the matter of these toxic loans.?

Well mudda, you are correct. The shenanigans occurred under both the FNM and PLP. No doubt about it. McWeeny was hired under the FNM and while having little commercial bank experience, came in as senior management. The majority of the bad loans relative to those with political connections, are however, PLP MP's and cronies. It has been stated in the press that Leslie Miller, Obie Wilchcombe, Pat Mortimer, are some of these offenders. Jarrett's political appointment to chairman has always been questioned, as it is rumored that he too, obtained a mortgage at BOB, which ended up delinquent.

Comrades! Shouldn't the going on's over at BOB - not raise inquiring eyebrows as to exactly what is the taxpayers connections/obligations to The China Export-Import Bank's releasing about $100 million to pay out Baha Mar's local creditors? Why not make public a complete list of all the local names and amounts, and for what the $100 million, or so went to pay?
The lists from both BOB and Baha Mar, are NOT PLP politicians exclusive - in fact some of the recognizable names of the lists are lets just say are politically well connected, government people, lawyers and business people - and just your ever day known political hang-oners who regardless of which political party happens hold power - they show-up?

John, we have witnessed many times over, what the PLP thinks of court decisions. If they are not in their favour, they ignore them. The Government is the majority shareholder in the Bank, but the minority shareholders, could institute action against the management and Board who approved the loans in question. At very least Resolve, and the Bank should be forced to sell the assets being held as security, as well as obtain judgement for as much personal assets as possible. It is ludicrous to think that you can owe millions of dollars on property that you still own, and run a business in same, all the while laughing at the Bank, holding the loans, and the shareholders, whose investments you have destroyed. In a "civilized" actual democracy, some of these, including the Management and Board, would be facing criminal charges and incarceration. This will never happen here.

Paul McWeeney, Richard Demeritte, Christie, Hubbigitty and others like them who are responsible for the raping of Bahamian taxpayers and National Insurance contributors through their pillaging and plundering of BoB should all be sharing one SLOP bucket in a cell at Fox hill prison.....with the cell next door reserved for Minnis and his cronies who would continue doing the same if the people are foolish enough to allow Minnis to become PM!! And notice how none other than the PLP's King Kahuna of crooks - Sir Snake - has hired Paul McWeeney as the new managing director of Sunshine Insurance!! These thugs steal from the people and cover/protect one another's backs. Much like the Symonette family, the D'Aguilar family, the Mosko family and so many other corrupt Bahamian families that have unjustly enriched themselves at the expense of poor honest hard working Bahamian taxpayers over many decades. What a joke!!!

Thank God it rained and a fresh wind blew. I am not sure the FNM Papa bombastic ways will work. There are other banks with bad loans. Persons who have borrowed should pay their
loans. but he is pulling out every thing he can think of and it is not as if his hands are clean.
the man has done nothing to advance the Bahamas or the average Bahamian.,

When it comes to the tiefin' from BoB, it doesn't matter a hill of beans whether it was by way of loan, overdraft or advance because no collateral of any significant value was ever put up by the cronies of Hubigitty and Christie who borrowed the funds from BoB with no ability or intention of repaying same. It was all about sticking it to Bahamian taxpayers and/or National Insurance Fund contributors at the end of the day! And has anyone noticed how McCartney also refuses to deny whether he or any of the companies controlled by him or his family members have loans, overdrafts or advances from BoB that are delinquent and for which loss provisions or write offs have been made or will soon be made?

Hurry close that bank it failed, another good institution messed up by these greedy corrupt politicians.

Comrades! It takes some big set bad balls for a PLP cabinet to have helped take the Bank of Bahamaland into the negative operating ledger it finds itself in today. The bank's doors would have long been closed-shut had the government not pumped millions of taxpayer monies and borrowed dollars to prevent its closing shop.
You go figure hey - a bank has borrow from others to not go out business? The BOB needs a loan more urgently than the people asking their loans people for loans.
Like, why do they still keep their branches staffed and open?

This PLP designed BOB meltdown deserves a serious investigation by the next government ..... Someone must account for the BOB losses that have taken place since 2012

Dream on if you think Minnis or McCartney as PM would ever support a Royal Commission of Enquiry being held to look into Baha Mar, The Pointe, BoB, illegal activities involving Crown Land, and so on.

I hope there will be Royal Commision of Enquiry , the everyday people who are taxed to the hilt deserve to see just who got what from who. Lets see bank accounts of the wilsons, the fitzgeralds, the maynard gibsons, christie and the crew. Then put all of them in jail!!