You don't pay what someone demands unless you actually owe it. Government has billed many people incorrectly over the years and this is one. So now i am sure it goes to arbitration to see what the actual figure is.
This is ridiculous. This is what the person who helped should have gotten with this person getting a lot longer. I am sorry for the mother that the nation has failed her.
So another person getting money and not actually doing a job. AS they don't file anyway lets get rid of this department and save some money for the taxpayer.
Its a little too soon to work out if investor confidence will be affected by this. But one can only assume this is total politics at play. Arbitration means behind closed doors, so the PM has no intention of Bahamians finding out what really happens. All you will hear is the GBPA agreed to pay something, and even if its $1 the PM will not let us know but make it look like a win. All along he is making sure we all know what his side think to make sure his message is getting across. I always find it strange that Governments of The Bahamas do not realize that whilst they may say something for Local consumption there is this thing called the internet which means the world knows about it as well.
No company is going to pay $357 million just because they were asked for it. This is going to arbitration and then maybe further. Hopefully further as we will then be able to see what the $357 million is made up of. If it turns out that the amount is no where near this then it seems to be a pure shakedown to get rid of the current owners of GBPA. And if that's the case it sets a very worrisome mark in how companies coming here will view The Bahamas. Hope we are able to do with less FDI as the message will have been sent
This was to be expected. If NIB had been used correctly this could have easily been met by the gains on all the investments that should have been made since NIB Started. However since NIB has only ever been a slush fund for government it has never made returns necessary to function correctly. Hence the need to constantly increase our contributions.
Dawes says...
Ahh the old create X number of jobs. If they had said 300 jobs they maybe allowed to build half way across to New Providence.
On PI hotel project’s 100 ‘permanent’ job pledge
Posted 11 April 2024, 4:56 p.m. Suggest removal
Dawes says...
Why announce this? Surely it is for the police to review and then decide whether or not to prosecute. This is not a day time soap opera.
On Fernander: 'Somthing sexual happened' in tourist rape claim
Posted 11 April 2024, 3:33 p.m. Suggest removal
Dawes says...
Sorry meant this could be one, not that this is one as i like most do not know
On PM dismisses concern GBPA dispute will undermine investor confidence
Posted 11 April 2024, 3:31 p.m. Suggest removal
Dawes says...
You don't pay what someone demands unless you actually owe it. Government has billed many people incorrectly over the years and this is one. So now i am sure it goes to arbitration to see what the actual figure is.
On PM dismisses concern GBPA dispute will undermine investor confidence
Posted 11 April 2024, 1:46 p.m. Suggest removal
Dawes says...
This is ridiculous. This is what the person who helped should have gotten with this person getting a lot longer. I am sorry for the mother that the nation has failed her.
On ‘15 years too little for killing my son’
Posted 11 April 2024, 9:58 a.m. Suggest removal
Dawes says...
So another person getting money and not actually doing a job. AS they don't file anyway lets get rid of this department and save some money for the taxpayer.
On Disclosure chair would not say who filed
Posted 11 April 2024, 9:16 a.m. Suggest removal
Dawes says...
Its a little too soon to work out if investor confidence will be affected by this. But one can only assume this is total politics at play. Arbitration means behind closed doors, so the PM has no intention of Bahamians finding out what really happens. All you will hear is the GBPA agreed to pay something, and even if its $1 the PM will not let us know but make it look like a win. All along he is making sure we all know what his side think to make sure his message is getting across. I always find it strange that Governments of The Bahamas do not realize that whilst they may say something for Local consumption there is this thing called the internet which means the world knows about it as well.
On PM dismisses concern GBPA dispute will undermine investor confidence
Posted 11 April 2024, 9:15 a.m. Suggest removal
Dawes says...
No company is going to pay $357 million just because they were asked for it. This is going to arbitration and then maybe further. Hopefully further as we will then be able to see what the $357 million is made up of. If it turns out that the amount is no where near this then it seems to be a pure shakedown to get rid of the current owners of GBPA. And if that's the case it sets a very worrisome mark in how companies coming here will view The Bahamas. Hope we are able to do with less FDI as the message will have been sent
On 'Release PwC report on what the GBPA owes’
Posted 10 April 2024, 9:44 a.m. Suggest removal
Dawes says...
Nah they need to read the other bids and then say the same thing, but at a rate double of the others. Then they will win
On Gov’t u-turn on Nassau solar bidding deadline
Posted 5 April 2024, 9:02 a.m. Suggest removal
Dawes says...
This was to be expected. If NIB had been used correctly this could have easily been met by the gains on all the investments that should have been made since NIB Started. However since NIB has only ever been a slush fund for government it has never made returns necessary to function correctly. Hence the need to constantly increase our contributions.
On NIB’s $240m loss at COVID’s peak
Posted 5 April 2024, 8:57 a.m. Suggest removal