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$30,000 donation to support Junkanoo from KFC
YOUTH, Sports and Culture Minister Mario Bowleg said the upcoming Junkanoo parade, which is completely sold out, will be “finger licking good” due to a $30,000 donation from Kentucky Fried Chicken yesterday.
Major Jr and Nottage face off in men’s final
It will be youth versus experience and Grand Bahama vs New Providence when rising teenager Denali Nottage faces former champion Kevin Major Jr in the men’s final of the 2022 Giorgio Baldacci Open Nationals. The tournament, hosted by the Bahamas Lawn Tennis Association, will come to a close today at the National Tennis Centre when the women’s champions will be decided as well in a rematch of last year’s finals between champion Sydney Clarke and runners-up Elana Mackey.
FTX founder extradited
EMBATTLED former FTX CEO Samuel Bankman-Fried was extradited to the United States yesterday after formally waiving his right to an extradition hearing.
'Historic' year for tourism ahead
BAHAMAS Hotel and Tourism Association president Robert Sands said The Bahamas is set to see an “historic” level of visitor arrivals next year while bookings for most hotels in New Providence this holiday season and throughout the new year remain strong.
Baha Mar backing the Valley Boys
MEGA resort Baha Mar is continuing its years-long partnership with the Valley Boys Junkanoo group and is the group’s primary sponsor for the nearly sold-out Boxing Day parade and the 2023 New Year’s Day parade.
Ayton has monster double double with 30 points, 13 rebounds
PHOENIX (AP) — Kyle Kuzma scored 29 points and the Washington Wizards stopped their 10-game losing streak last night, beating the Phoenix Suns 113-110. Deandre Ayton scored 30 - five points shy of his career high - and grabbed 13 rebounds with a blocked shot in 32 minutes on the floor for the Suns. He had 12 points and five rebounds at halftime.
Berry Islands hail new airport as ‘huge step up from shack’
BERRY Island businesses yesterday hailed their new airport as a “huge step up” that promises to revive the tourism economy.
UPDATED: Sam Bankman-Fried waives right to fight extradition – FTX founder will go to the US
AFTER a confusing day in court, Sam Bankman-Fried has decided not to fight extradition to the United States, his attorneys announced yesterday.
Hoopfest Tournament a blast with top high school teams from US
WITH a little more time to work with their teams, coaches for both the New Providence and Grand Bahama All-Stars feel as if they could have had better showings against the Miami Northwestern High School in the Hoopfest High School Tournament at the Kendal Isaacs Gymnasium over the weekend. On Friday, the New Providence All-Stars got off to a slow start and ended up getting routed 71-36 by Miami. On Saturday, the Grand Bahama All-Stars got off to a good start, but couldn’t maintain their composure, losing 66-47 to Miami.
Attorney to seek Bankman-Fried release
AN attorney representing embattled former FTX CEO Samuel Bankman-Fried says he will proceed with “whatever is necessary” to have his client released from the Bahamas Department of Correctional Services after he was sent there on Tuesday.
Shoppers warned: Don’t go broke for Christmas
A financial expert urged residents to take a “pause” and not to go broke this Christmas season while shopping.
Airline workers sign agreement
AFTER several months of negotiations, Nassau Flight Services and the Airport Airline and Allied Workers Union (AAAWU) signed a five-year industrial agreement at the Office of the Prime Minister yesterday.
‘FTX BAHAMAS CHIEF CONFESSED TO FRAUD’: Securities Commission director says admission led to liquidation move
The head of FTX’s Bahamian subsidiary sparked an “urgent” police probe into possible criminal misconduct when he confessed to local regulators about the misuse of multi-billion dollar client funds.
Bahamian liquidators pledge $100m FTX payout recovery
FTX’s Bahamian provisional liquidators yesterday pledged to “claw back” the $100m payout to 1,500 Bahamian clients as they blasted the failed crypto exchange’s US chief for “inflaming and untrue” statements.
Treasure Cay ‘one missed pump away from sewerage nightmare’
TREASURE Cay homeowners yesterday complained they still lack a proper sewerage system more than three years after Hurricane Dorian despite contributing “hundreds of thousands” to the Water and Sewerage Corporation (WSC).
FTX’s US chief hits PM, AG over ‘total stonewall’
FTX’s new US chief has accused the Prime Minister and Attorney General of “a complete stonewall” over his push for The Bahamas to embrace the US legal system as the primary venue for solving the collapsed crypto exchange’s woes.
‘Shut down’ on FTX $300m Bahamas assets safeguard
FTX’s Chapter 11 chief yesterday alleged to the US Congress that efforts to obtain “clarity” over the Securities Commission’s action to safeguard $300m in client assets had been “shut down” by The Bahamas.
SBF deal with Deltec chief’s US bank ‘highly irregular’
FTX’s new US chief yesterday confirmed he is probing a “highly irregular” transaction with Bahamas links where Sam Bankman-Fried’s hedge fund paid an “off the charts” sum to buy into a small American bank.
Basketball community mourning death of Rodney Johnson
THE basketball community is mourning the loss of former long-time and smartly dressed coach and referee Rodney E.C. Johnson, who made his contribution to the game at every level.
FROM FTX TO PRISON AS BAIL DENIED: Sam Bankman-Fried remanded in custody until February court date
DISGRACED former FTX CEO Samuel Bankman-Fried was denied bail by Chief Magistrate Joyann Ferguson-Pratt and remanded to the Bahamas Department of Correctional Services (BDCS) until his next court appearance in February.