Pintard needs to get serious and stop this hot air.

Why would the government approve an FTX Select Committee to investigate themselves?

If government officials acted with the “appearance” of impropriety but not a possible criminal act why would Public Prosecution prosecute a non criminal act?

Also FTX has nothing to do with the Public Accounts because public funds were not wasted.

An independent and public facing Commission of Enquiry would be useful but why would the government approve such an investigation into themselves. MPs are puppets of the 2 party system an incapable of independent thought else their salaries are cut. Ever tried to buy food with no money?

What does amaze me is the lack of editorial by the Forth Estate calling out bad governance … but if generations of Bahamians have graduated who can’t read or had any basic civics lessons there is no one to read, much less comprehend the subtle issues at play here.

This is why corruption and foreign domination of our economy flourishes. We as a people, on balance are far to illiterate.

Move along now. Nothing more to see here.

My experience is that an account goes "inactive" after 6 months of no activity.

At that time the account "disappears" off the online banking system.

This is frightening because the banks don't send out statements due to non functional postal system.

So we she as time progresses more and more accounts will be in essence "confiscated" because no one will know they existed especially if the account owners pass away.

Bahamianson, my condolences to the family.

May I humbly speculate that with the recent incident of a school roof which did NOT collapse according the politicians we maybe advised that the tank did not collapse either, that the contractor had self insured and may have been given a verbal contract and there are no structural engineering reports or approvals.

Having been without water for years after the hurricane it may have been in the greater good to rush this project to bring portable water to the people.

Of course in a day or two this story will scroll down the page and we will move on to the next horror in da 242.

Honestly I wake up every morning to look at the 242 news to see what new unbelievable thing has befallen my country.

Great research ThisIsOurs.

Gotta read the bloggers for lil dose a reality in da 242.

“they never prepared a new foundation”

Probably the only relevant statement.

So, Foreigners are purchasing choice homes in single family neighborhoods and opening hotels and attracting crime and distroying the fabric of our society which are nuclear families in safe neighborhoods.

Great business model for da 242

“ his client did not directly employ anyone in The Bahamas”

😩

Foreigners have taken over, Bahamians need not apply for jobs

The Central Bank is doing a great job allowing retail investors to convert Bahamian Currency to US dollars so they can get a return on the billions of dollars sitting in Canadian banks earning them nothing.

Bahamians retail investors I think are starting to do the math.

2 year fixed deposit at "you know who commercial bank" = 0.75%.

Saving account rate at US financial institutions = 4.5%.

US stock market up 20% this year with instant liquidity.

Bahamian stocks? Essentially illiquid. Can't buy or sell, you have to go on a waiting listing. Lol.

So do the math. 5% ICM premium, 1.5% stamp and 1.125% FX is a very reasonable price to pay to get a return on your money for your retirement.

Thanks PLP for helping us!

This is actually a great move by the government as it is only just as the government will now be taking property if you don't pay your real property tax.

Assets “confiscation” is easy.

What the IMF should be doing is ridding the country of all the monopolies strangling to small businesses man eg BEC, Water and Seeerage, Canadian Banks, Awarak Ports, GBPS, Ministry of Education, crime, inequality of women

Instead our debt is rated junk and all the government is doing everyday is threatening the business class