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PLP ‘diverted $40m to buy last election’
THE Minnis Administration suspects the Christie Administration spent more than $40 million of hurricane relief funds in a failed bid to buy the election, Deputy Prime Minister Peter Turnquest said yesterday.
PLP eyed stake in GB Port Authority
FORMER ministers in the Christie administration said they privately pushed the Hayward and St George families to sell their interests in the Grand Bahama Port Authority, though it was never an option for the government to obtain a majority stake in the port.
FNM says govt has performed 'dismally' since election
ACCORDING to the governing Free National Movement, the government has performed dismally since the May 2012 election.
Bishop says govt should not wait on insurers
BISHOP Simeon Hall yesterday said while the Christie administration should “at least listen to credible critics” of National Health Insurance, it should not “wait on insurance companies to lead the fight” in providing universal healthcare for Bahamians.
Minnis: Bahamians must not lose out on Baha Mar
FREE National Movement Leader Dr Hubert Minnis yesterday renewed his warning to future Baha Mar investors not to engage in any negotiations with the Christie-led government that would disadvantage Bahamians.
PLP deputy leader denies seeking FNM candidacy
EXUMA and Ragged Island MP Chester Cooper yesterday vehemently denied claims he applied for candidacy with the Free National Movement ahead of the 2017 general election.The Progressive Liberal Party deputy leader was responding to comments made by Pr
RBC scam shows direct downside on debit cards
A leading accountant and fraud expert yesterday urged Bahamians to be aware of the fraud risks associated with debit card usage, noting its duel benefit has been a “blessing and a curse”.Kendrick Christie, a Grant Thornton partner and certified fraud
NASSAU LIFE: An everyday story of Bahamian issues
Richard Coulson offers a succinct (and opinionated) summary of the recent spate of hot news topics.
No NHI tax 'at the outset' says Gomez
HEALTH Minister Dr Perry Gomez yesterday affirmed that there is no significant introduction of taxes directly related to National Health Insurance (NHI) implementation “at the outset”, citing the single governance model as fundamental to the health care industry’s reformation and a smooth NHI implementation.
Too much time or misplaced priorities?
“Shut mout catch no fly” is a little ditty that most Bahamians know about. In addition to flies, a shut mout will also keep one’s foot from being put in it.
PM tells United Nations of need to develop skills and generate jobs
PRIME Minister Christie addressed the United Nation’s 2015 Integrated Segment Economic and Social Council in New York yesterday.
PM should go back to the Word of God
The recent comments by our Prime Minister about what he is able to do or not do should put many things into perspective, for those who support him and those who do not.
$31m budgeted for NHI’s first quarter
The Government is allocating $31 million to cover National Health Insurance’s (NHI) first three months, while somewhat bizarrely suggesting all sides’ first phase cost estimates “fall within a similar range”.
$50m drops Bahamians down Baha Mar queue
Bahamians have fallen further down the Baha Mar creditors queue as a result of the $50 million loan extended to the development’s receivers to cover costs associated with preserving and maintaining the resort assets.
Baha Mar contractors need urgent ‘lifeline’
Bahamian construction companies owed a collective $74 million over Baha Mar were yesterday said to be in urgent need of “a lifeline”, amid continuing questions on why the project’s Chinese contractor was not required to post a performance bond.
Investor confidence ‘undermined’ by PM’s Baha Mar assurances
The Prime Minister is undermining investor confidence in the Bahamas by repeatedly promising that a Baha Mar resolution, and completion, is imminent, an Opposition politician has charged.
FNM anticipates 2016 election
FREE National Movement Chairman Michael Pintard yesterday forecast that the country could expect a snap election in 2016 in his defence of the party’s decision not to hold a national convention this year.
Baha Mar chief acted ‘like any other investor’
An outspoken QC yesterday said Sarkis Izmirlian did what “any other businessman would have done” in filing for Chapter 11 bankruptcy protection to safeguard his family’s $850-$900 million investment in the Baha Mar project.
Baha Mar petition ruling put off to Aug 19 after CCA objects to liquidators
A SUPREME Court judge adjourned proceedings on the government's petition to wind up Baha Mar to August 19-20 on Friday morning after revelations that Baha Mar's contractor has expressed reservations about the personnel appointed to serve as provisional liquidators for Baha Mar.
Contractors Association: No Baha Mar woe reports yet
Senior Bahamian Contractors Association (BCA) executives say they have yet to receive reports of local construction companies not getting due payments for work done on the $3.5 billion Baha Mar project.Senior Bahamian Contractors Association (BCA) executives say they have yet to receive reports of local construction companies not getting due payments for work done on the $3.5 billion Baha Mar project.