Tuesday, October 3, 2023
By RASHAD ROLLE
Tribune News Editor
rrolle@tribunemedia.net
THE Office of the Prime Minister said Prime Minister Philip “Brave” Davis never entertained proposals from Sam Bankman-Fried to pay off the country’s national debt.
OPM’s statement came after The Times of London published an excerpt of an upcoming biography of Bankman-Fried.
The excerpt said: “Sam explained that he was trying to decide whether simply to pay off the $9 billion Bahamas national debt himself, so the country could fix roads and build schools and so on. He’d recently met the new prime minister to discuss this idea and some others. I learnt later from one of the prime minister’s aides that after the Bahamian general election in September 2021, Sam was the first person the prime minister had wanted to meet.”
Acclaimed author Michael Lewis wrote the biography: “Going Infinite: The Rise and Fall of a New Tycoon.”
The book comes out today.
In response to the excerpt, OPM Director of Communications Latrae Rahming said yesterday: “We wish to clarify recent reports surrounding a meeting between Prime Minister Philip Davis and Mr Sam Bankman-Fried. Discussions were strictly confined to FTX’s relocation and its operations in the Bahamas, specifically concerning the invitation extended to the Prime Minister for the inauguration of FTX’s new headquarters. Mr Bankman-Fried advised the Prime Minister that FTX had changed its position from a satellite office to opening a headquarters. Prime Minister Davis used the platform at the company’s opening to signal that The Bahamas is open for business in the digital currency space.”
Comments
Dawes says...
Why wouldn't the PM entertain this. If someone came to me and said he would pay off my debts i would at least entertain them and see what they expected.
Posted 3 October 2023, 9:28 a.m. Suggest removal
bahamianson says...
Have we not learned to be careful in whom shares our bed? Why would our prime ministers want to jump so quickly when a foreigner offers money without checking the background? Then, when the plp gets the money and the praise for bringing him in, they say the white man or foreigner is the devil. How can you give the white foreigner the red carpet, take his money, then call him a racist devil? Such hypocrites we are....
Posted 3 October 2023, 9:43 a.m. Suggest removal
FreeportFreddy says...
Stop with the White Black ...please
Posted 3 October 2023, 2:27 p.m. Suggest removal
AnObserver says...
Step 1: Invite crypto scammers to the country.
Step 2: ????
Step 3: Profit!
Posted 3 October 2023, 10:40 a.m. Suggest removal
ExposedU2C says...
Bingo!
Posted 3 October 2023, 1:13 p.m. Suggest removal
TalRussell says...
Acclaimed author Michael Lewis, will need wrote his next biography on the:: **“Going Infinite:The Rise and Fall of Freeport - Involving SBR's Approach Buy."** --- Yes?
Posted 3 October 2023, 1:28 p.m. Suggest removal
sheeprunner12 says...
We must believe SBF .................. Our PM has been caught in so many lies, that it is hard to believe what he says.
This is the track record of PLPs............. from Pindling to Davis. They find wealthy persons of suspect character, woo them to The Bahamas, exploit our country's good name, and use them to enrich PLP cronies and then cast them aside when the money is gone.
Take a walk through history with the PLP and their BIG FOREIGN "sugar daddy donors" ........... Carlos Lehder, The Sheik, Nygard, Izmirlian/Chinese and now SBF.
Did I leave out any?????????
Posted 3 October 2023, 3:16 p.m. Suggest removal
Porcupine says...
Yes. You left out the next one.
It would be funny, if it weren't true.
Posted 3 October 2023, 3:31 p.m. Suggest removal
TalRussell says...
Let's be honest. There's no taking a walk through an unvarnished history with the "foreigner sugar daddy donors'' ........... Without discussing what negative strengths such a person as Robert Lee Vesco brought to the colony's governance. --- Of important note. ---- SBF drove around Nassau Town, behind the wheel of a Toyota Motor Car. Whilst, Robert were behind the wheel of his VW Beetle. --- Yes?
Posted 3 October 2023, 3:33 p.m. Suggest removal
FreeportFreddy says...
US $ 300 to fly from Freeport to Lauderdale is criminal!!! UNREAL
Posted 3 October 2023, 7:32 p.m. Suggest removal
FreeportFreddy says...
ONE WAY
WTF
Posted 3 October 2023, 7:38 p.m. Suggest removal
ExposedU2C says...
This comment was removed by the site staff for violation of the usage agreement.
Posted 4 October 2023, 9:12 a.m.
ExposedU2C says...
This comment was removed by the site staff for violation of the usage agreement.
Posted 5 October 2023, 7 p.m.
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