Dear Bran,
Come home. It's going to get very lonely out there in the wilderness. It's also going to be a lousy legacy to be remembered as the man whose oversized ego destroyed this country.

Now it begins.

The inevitable.

The resort to U.S. "work out" bankruptcy court would have guaranteed the property would have been open by now. That is what Chapter 11 Courts do. Preserve the asset.

That means all the Bahamian sub contractors would have been paid in full. That is the only way to get those necessary support sub contractors back to work to open the property.

That is what a Chapter 11 Court is there to do.

Why was it not used in this situation? What possible reason for this "liquidation" approach that simply guarantees the following:
1.None of the Bahamian sub contractors who were owed millions will ever be paid.
2.None of the employees who would have received full compensation in order for the property to open will ever recover lost wages.
3.None of the critical personnel who were waiting to start work, who have now left the country will ever be induced to return.
4.None of the hotel management companies, critical to the successful operation of the property, will ever agree to manage the property. They will take relief under clauses in their contracts with the developer, and walk away.
5.The property will become a bleeding hole in the heart of the Bahamas which will remain that for years, yes I mean years, as it deteriorates and the legal wrangling associated with "liquidation" goes on in courts all over the world.
6.The Bahamian economy will suffer for all that time.

There is only one answer. The leaders of this government and their minions could not face the inquiry and associated transparency of a U.S. court system. They have too much to hide.

There is no other explanation.

Now it begins.

The inevitable.

The resort to U.S. "work out" bankruptcy court would have guaranteed the property would have been open by now. That is what Chapter 11 Courts do. Preserve the asset.

That means all the Bahamian sub contractors would have been paid in full. That is the only way to get those necessary support sub contractors back to work to open the property.

That is what a Chapter 11 Court is there to do.

Why was it not used in this situation? What possible reason for this "liquidation" approach that simply guarantees the following:

1. None of the Bahamian sub contractors who were owed millions will ever be paid.
2. None of the employees who would have received full compensation in order for the property to open will ever recover lost wages.
3. None of the critical personnel who were waiting to start work, who have now left the country will ever be induced to return.
4. None of the hotel management companies, critical to the successful operation of the property, will ever agree to manage the property. They will take relief under clauses in their contracts with the developer, and walk away.
5. The property will become a bleeding hole in the heart of the Bahamas which will remain that for years, yes I mean years, as it deteriorates and the legal wrangling associated with "liquidation" goes on in courts all over the world.
6. The Bahamian economy will suffer for all that time.

There is only one answer. The leaders of this government and their minions could not face the inquiry and associated transparency of a U.S. court system. They have too much to hide.

There is no other explanation.

This headline is unfair to government. It takes time to work out who gets his big cut of the next piece of BAMSI public pie. There are competing interests at the top and all those many mouths must get their share.

He certainly does believe anything the Castro brothers say, so perhaps we should ask them what our immigration rules are.

"No governing party with or without FOI act, will give up information they don't want to be seen to citizens who seek answers."

Yes Tal. That is particularly true of a government engaged in the systematic plundering of the public treasury.

Tal get a breath of air! There are large armed, amoral, gangs that are run as criminal enterprises afoot in this country. Conflict resolution did not work with Al Capone in the 1930's and it's not going to work with these thugs.

Of course there is a terrible problem with our educational system and resulting unemployment. Sad that you do not wish to credit the reasons. Your beloved PLP's first act was to kick out of the country the competent teachers in what was at the time the best public education system in the Caribbean. They were replaced by ill qualified, PLP rabble.

We reap what you sow Tal.

Jesus wept.

Gibberish! Pure gibberish!

These statements by government to try to cover up the disaster that they have created would be pathetic if not so shameful. The reason the developer wanted recourse to the Chapter 11 procedures in the U.S. Courts was exactly so he could continue the development process, including paying the necessary staff, in order to open the complex. Everyone knew and knows that. It was the government that stopped what would have been an orderly sorting out of claims, while the project moved forward to opening. The only explanation for the government's insistence on a "liquidation" proceeding supervised under their control in the Bahamas, is that there was fear of disclosure in a U.S. Bankruptcy proceeding of undertakings that the political class did not wish for the public to see. The demise of the enterprise was entirely foreseeable the instant the access to the Chapter 11 proceedings was denied. All the rest is simply smoke screen, while the government looks for a scapegoat to cover up the economic disaster it has created. How can anyone expect to open the enterprise, now that all the skilled workforce has departed the Bahamas or has moved on to other positions in the Bahamas? Only a fool would suggest that anyone who really is working to keep the project alive, would have laid off all the Bahamian workforce. This act tells all. Everyone knows that Baha Mar is not going to open in months or in years,. It has been killed by the PLP government. The pregnant question is why?