Wednesday, October 25, 2023
By LEANDRA ROLLE
Tribune Staff Reporter
lrolle@tribunemedia.net
FREE National Movement leader Michael Pintard said the Official Opposition will call for a select committee on FTX in the House of Assembly.
He said there are unanswered questions about the bankrupt company, highlighting a recent report about Prime Minister Philip “Brave” Davis.
During the fraud trial of FTX Founder Sam Bankman Fried, it was revealed that Mr Davis, in an email, asked Sam Bankman-Fried to advise his son about a digital assets project two months before FTX imploded.
No evidence of wrongdoing on Mr Davis’ part was provided.
However, Mr Pintard, during a press conference at the FNM’s headquarters, said: “The prime minister and his colleagues have refused to answer questions we raised while demonstrating outside of holding a press conference outside of the prime minister’s office.
“And this is even more relevant now since it has surfaced that the prime minister has asked the principal who’s now being investigated to provide advice to a member of his family.”
“The question is: Is the prime minister and his colleagues prepared to have a full discussion of the role any of his members played in terms of helping FTX get established, acquire properties, hire persons, some of whom worked previously with government, and have they benefited personally or politically from any resources from this company?”
In February, Mr Pintard revealed his intent to call for a select committee on FTX, but he never followed through.
“We intend during this in the month of November to officially call for the establishment of this select committee and debate this in detail,” he said yesterday.
He said the opposition will also seek to address matters related to immigration, the public procurement process and the recent Speech from the Throne.
“We will at the same time convene the Public Accounts Committee and call for persons and the papers in a series of public hearings which will reveal to the public that this government has very little intention on behaving in a lawful manner when it comes to rewarding some persons who are loyal to their cause,” he said.
Comments
Sickened says...
Absolutely! Regardless of which party did what, the people need to know the details of how this collapse occurred in our country.
Posted 25 October 2023, 9:20 a.m. Suggest removal
observer2 says...
Pintard needs to get serious and stop this hot air.
Why would the government approve an FTX Select Committee to investigate themselves?
If government officials acted with the “appearance” of impropriety but not a possible criminal act why would Public Prosecution prosecute a non criminal act?
Also FTX has nothing to do with the Public Accounts because public funds were not wasted.
An independent and public facing Commission of Enquiry would be useful but why would the government approve such an investigation into themselves. MPs are puppets of the 2 party system an incapable of independent thought else their salaries are cut. Ever tried to buy food with no money?
What does amaze me is the lack of editorial by the Forth Estate calling out bad governance … but if generations of Bahamians have graduated who can’t read or had any basic civics lessons there is no one to read, much less comprehend the subtle issues at play here.
This is why corruption and foreign domination of our economy flourishes. We as a people, on balance are far to illiterate.
Move along now. Nothing more to see here.
Posted 25 October 2023, 10:03 a.m. Suggest removal
TalRussell says...
Pintard may enter into discussions but only after a full assessment as to SBF/FTX campaign funds received, -- - " In which --- Directly/indirectly" was intended to financially benefit/enhance the Red Party's daily operational and election expenses..--- Might want begin his assessment ---- During the leadup **was prior** to SBF/FTX's relocation to We Colony, from what had previously been a former British colony --- Hong Kong. ---. Yes?
Posted 25 October 2023, 12:08 p.m. Suggest removal
killemwitdakno says...
Might be chopping M's own head. Why'd M call a snap election and say we'd soon find out the reason?
Posted 25 October 2023, 10:50 p.m. Suggest removal
killemwitdakno says...
Over an NFT though??????? An NFT..... The NFT that toppled all.
Posted 25 October 2023, 10:55 p.m. Suggest removal
ExposedU2C says...
Too late! Also too late to call for an investigation of the elected and other senior government officials who regularly attended Nygard's wild Lyford Cay parties at which young women were subjected to the worst kinds of abuse.
And The Tribune refuses to allow its readers to comment on the Nygard trial that has been going on in Toronto for weeks now. Shame on The Tribune for not letting its readers comment on the disclosures made in the court filings in Toronto about the abusive conduct of certain of our country's elected and other senior government officials.
Posted 26 October 2023, 1:12 p.m. Suggest removal
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