Oil drilling concerns

EDITOR, The Tribune.

I am a concerned Bahamian citizen who is very concerned with the potential for grave and permanent damage to our country inherent in your drilling for oil. After reading the comments by James Smith, I was very concerned about a conflict of interest, as he is a director of the company and is listed on the company’s website as a major shareholder (11,475,630 shares and 1,500,000 options, the currency is not listed).

In addition, there is a deafening silence by both our Government and the Official Opposition with regard to the concerns of the Bahamian people. Do I smell a rat? If the concerns of the Bahamian people are being so blatantly disregarded, the only logical conclusion in my opinion is that members of both the Government and Official Opposition have significant financial interests in your company.

In the spirit of cooperation and full disclosure expected in a company of the Bahamas Petroleum’s stature, it would go a long way if you published a list of all Bahamian shareholders – whether individual or through a financial asset management firm.

SY COOLIDGE PIERRE, M.D.

Consultant Physician & Anaesthetist

Comments

Porcupine says...

The conflicts of interest seem to get buried as each of them claims the Bahamian people stand to gain. It is sad to see so many get swung. The rot starts at the top.
PM MINNIS- Please speak to this matter and tell us how risking our country, our economy, our food sources, our jobs, is worth the tremendous risks this endeavor involves. I too smell a rat.
BPC knows just how to place the cheese.

Posted 27 November 2020, 5:24 a.m. Suggest removal

professionalbahamian says...

As far as we the public are aware there is no true accountability in law for our elected officials.
The wealthy few pull the strings - kick backs are probably rampant and no politicians spend time locked up because the laws either aren’t there, aren’t enforced, or there are loop holes. Are there any campaign finance laws, anyone keeping track of politicians wealth building while in power, what about their foreign accounts and assets, what about the MP’s doing their jobs on the same side of the aisle or have they given up having their own opinions heard and acted upon. Do they get a Christmas bonus for keeping quiet? Also not one public renewable energy plant on New Providence yet and we are supporting fossil fuel exploration in 2020- not very forward thinking . “When I analyze the stench..” (Bob).

Posted 27 November 2020, 7:54 a.m. Suggest removal

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