Comment history

Well_mudda_take_sic says...

He's actually 0 - 5. You neglected to count three other very costly cases of great significance to the public that were lost because of his bungling incompetence and the outright stupidity of certain parliamentarians.

Well_mudda_take_sic says...

Here's a list of the administrators and coordinators of the Scholarship and Education Loan Division (SELD) who should be called on to give a full explanation for the awarding of scholarships and loans to so many unqualified and financially undeserving students:

Chilean Burrows (Acting Administrator)

Monique Hinsey

Jurelle Mullings

Lisa Hepburn

Ayesha Davis

Tenetia Cleare

Joy Hanna

Deneak Butler

And here's a list of the executive team at the ministry of education who should be called on to give a full accounting and explanation for how the shenanigans involving the awarding of scholarships to undeserving students, of well-to-do families in many instances, went on right under their noses for so long:

Jeffery Lloyd (Minister of Education)

Marcellus Taylor (Acting Director of Education)

Lorraine Symonette-Armbrister

Joan Darling

Sharon Poitier

Julian Anderson

Serethea Clarke

Donovan Turnquest

Well_mudda_take_sic says...

The government is not the only source of funds Chucky. Those who have become multi-millionaires many times over, as a result of their crimes against the state that have kept the public purse depleted for decades, are also an important potential source of funds and we, as a people, should not be dismissive of future efforts by our country to reclaim these funds. Even Red China, Hong Kong and Switzerland are now cracking down on the corrupt political elite of other countries who are known to be hiding the massive amounts of funds they have swindled through bribes, kickbacks and outright theft from the taxpayers of their respective home countries.

On Atlantis hits out at BPL after outage

Posted 1 December 2019, 9:28 a.m. Suggest removal

Well_mudda_take_sic says...

The English QC was much too seriously handicapped by the overwhelming short comings of our pathetic criminal justice system. The poor bank teller who steals money from the bank to buy the very expensive medications her ill child so desperately needs ends up going to prison for years. Meanwhile our corrupt politicians are able to literally steal mega-millions of dollars from the taxpayers without fear of ever having to do any prison time. What a joke!

On AG hits out at Damian Gomez

Posted 30 November 2019, 8:52 p.m. Suggest removal

Well_mudda_take_sic says...

The biggest single impediment to fair investment returns for minority Bahamian investors are the broker-dealers like CFAL, Leno, Royal-Fidelity and Benchmark that wedge themselves between these smaller investors and the investee enterprise (e.g. Global Ports Holding) in which the other larger (and often controlling) stakeholders hold their publicly listed shares and/or debt. The broker-dealers do this by creating a mutual fund or other investment vehicle that the minority Bahamian investors must invest in in order to participate in the earnings of the underlying investee enterprise. The Bahamas Investment Fund talked about by Tony Ferguson is a classic example. And because the mutual fund or other investment vehicle created and controlled by the broker-dealer is laced with fees of one kind or another charged by the broker-dealer, the investor's returns from having to indirectly participate in the underlying investee enterprise are greatly reduced.

For decades now the Bahamian regulators - Securities Commission, BISX and Central Bank - have enabled local broker-dealers to fleece Bahamian investors by not requiring investee enterprises like Global Ports Holding to offer and issue their shares or debt directly to the minority Bahamian investors under the same terms and conditions that they are offered and issued to the other directly participating stakeholders.

On 'Taking Nassau from 1.0 to 10.0'

Posted 30 November 2019, 11:10 a.m. Suggest removal

Well_mudda_take_sic says...

Forget Bannister's assertion that we are paying the price for BPL's failings.

Truth be told we are now paying much too dear a price for the failings of the corrupt Minnis-led FNM government, especially Minnis and Bannister as regards all of the shenanigans going on with the many heavily padded mega-million dollar contracts involving BPL/BEC .

On ‘Paying the price’ for BPL’s failings

Posted 30 November 2019, 10:51 a.m. Suggest removal

Well_mudda_take_sic says...

The biggest single impediment to fair investment returns for minority Bahamian investors are the broker-dealers like Leno, CFAL, Royal-Fidelity and Benchmark that wedge themselves between these smaller investors and the investee enterprise (e.g. BPC) in which the other larger (and often controlling) shareholders hold their publicly listed shares. The broker-dealers do this by creating a mutual fund or other investment vehicle that the minority Bahamian investors must invest in in order to participate in the earnings of the underlying investee enterprise. And because the mutual fund or other investment vehicle created and controlled by the broker-dealer is laced with fees of one kind or another charged by the broker-dealer, the investor's returns from having to indirectly participate in the underlying investee enterprise are greatly reduced.

For decades now the Bahamian regulators - Securities Commission, BISX and Central Bank - have enabled local broker-dealers to fleece Bahamian investors by not requiring investee enterprises like BPC to offer and issue their shares directly to the minority Bahamian investors under the same terms and conditions that they are offered and issued to the other directly participating shareholders.

On Oil explorer in New Year local investor fund

Posted 30 November 2019, 10:40 a.m. Suggest removal

Well_mudda_take_sic says...

Minnis and Bannister are the apex of all of the corruption now going on at BPL/BEC involving mega-mega millions of dollars.

On Shell deal still ‘very much live’

Posted 30 November 2019, 10 a.m. Suggest removal

Well_mudda_take_sic says...

And just think, a very big chunk of the funds to be raised from the proposed very costly rate increase bonds would be used to fund the currently unfunded outrageously generous pension benefits owing to these same BPL/BEC union members who have been allowed by our corrupt politicians (PLP and FNM alike) to ruin our country.

Well_mudda_take_sic says...

Always much better for them to need rescuing while sailing to our shores from the north as opposed to the south.

On US Coast Guard rescues man headed to Bahamas

Posted 30 November 2019, 9:11 a.m. Suggest removal