Looks like an issue for the Compliance Commission. Did Halsbury Chambers breach elementary KYC regulations by not signing an engagement letter with Adrian and/or WSC on the defamation action? An Engagement letter would have determined precisely who the client was including copies of passports, address verification, sources of wealth, retainer fees, estimated fees and recourse against negligence.
Indeed doesn't dealing with public officials involve enhanced KYC and money laundering investigations? Maybe not?
On the other hand its reaks of ethical and double dealing on Adrian's behalf by using WSC leverage to "coerce a law firm to go after their enemies"....so so vindictive and FNMish.
With no Ethics Committee in Parliament there is no regulator of these politicians.
Now you wonder why no deal the government does can be successfully executed on time, within budget and according to plan.
Lol, this is only a deal that went bad. Had Greg apologized and Adrian's "good name" restored the entire episode may have been "swept under the rug" including outstanding fees.
Not sure what Adrian is made about, Greg "ruining his good name", WSC not paying the legal fee defending him, the size of the legal fee or something else....hmmm, it maybe something else. Never knew until this article that Adrian's name had been sullied....I just thought he was naturally that way.
I would speculate that Adrian would like to be Prime Minister when Minnis retires in 2027 and is patiently "waiting his turn" unlike Branville. I have seen the future and its not good.
DWW. The government can't approve the FOIA. Can you imagine all the agreements that wsc, bpc, ni, btc, Focol etc etc. having signed in the past being made public!
Wow, we bloggers would be kept busy for months. Lol, we may need to split up the work. Say someone reviews BPC agreements and someone else reviews WSC.
Wow...thats too much work for the public. Best if Bannister and Ferriea just let us know what we need to know that is in these agreements. They seem completely incompetent to do the right thing.
Opps, don't forget the Bahamasair plane leases at $100,000 a month, or the Dash 8 purchases, or the Defence Force boats from Europe, or the $100 million Shell power plant, or Baha Mar or Hilton...or Lighthouse Point ....wow, there are just to too many agreements to review.
Lets not approve the FOIA and just talk about good corporate governance. Also Minnis has borrowed enough money to feed us all.
Not sure Dawes. But I am sure Bannister as a qualified cost accountant with vast experience in running and regulating utility companies will get it correct. I have complete confidence in him.
"...the Water & Sewerage Corporation is in dire straits." Adrian Gibson.
No its not. WSC has the Bahamas government guaranteeing all the jobs and an endless supply of money from high interest hard currency loans from European (Credit Suisse) and Supra National Banks (eg. IMF, World Bank, IBD etc).
Once the Bahamas is fully indebted the non transparent global banking system in partnership with the Bahamian government (FNM and PLP) the Bahamas will be fully crippled and dependent on them.
The fix will be in. They will be richer and we will be much much poorer.
To avoid hard currency depletion (hurricane season starts in 4 months) we should start rationing the US dollar reserves now.
Anyone doing any type of contingency planning can see this train wreck.
" [WSC] simply cannot continue to sell water to Bahamian businesses and households at a price below the cost incurred in purchasing it from Consolidated Water".
I have an idea. Why not let Consolidated Water sell directly to WSC customers so it operates like any other utility company in a developed country? Cut out the WSC middleman. Why do we always have to operate like a third world banana republic where the government pontificates every morning to its ppl.
Take WSC out of the middle and save the Bahamas hundreds of millions of dollars over decades of mismanagement.
In this way I don't have to wake up every morning and listen to how Bannister is going to save us and bring us into the 21st Century after having failed to do so for the last half a century.
Tribanon, look at it from the perspective of the wealthy Fusion investors. Why take $506,000 to pay BPL when under Emergency Powers you still can't open your business to generate further revenue to pay the ever increasing electricity bill. In essence you are taking good money and investing it into a bad business.
Wealthy investors have numerous opportunities to make money with much less headaches that dealing with the non communative Bahamain government.
If Fusion were allowed to open, hundreds of Bahamian would be put back to work and it will make a dent on the 100,000 Bahamian who are starving unless they get handouts from the FNM.
Maybe this is what the FNM wants. A country completely dependent on their handouts and every word they say.
The Executive Branch of the Bahamian government is all powerful.
The Official Opposition can't get its hand on the financial statements for the government to account on how billions of borrowed funds were spent, the Executive forced Fusion to close and not reopen, therefore Fusion has no revenue to pay their bills, BPL which is controlled by the Executive Branch turns off the electricity to Fusion and BPL through the numerous power cuts last year has destroyed a large amount of Fusion's electrical infrastructure with no reimbursement. If Fusion can't start their emergency back up generators the multi million dollar investment will become infested with mold like Our Lucayan in Freeport and become a virtual write off.
To those businesses that have survived the forced closures its important to watch this play out. Some businesses may say, "ohh, this could never happen to me, my business is profitable" but it could happen to anybody under the control of the Executive Branch under the Emergency Powers.
The FNM is all powerful. There is zero dialogue with anyone (the press, the businesses, the citizens, even their own MPs).
Each 5 year government term represents at least 8% of the average life span of a human being. Is this the way we want to be governed. Are we overjoyed with the way our government is operating and want to put them back for another 5 years because the alternative is perceived to be worse.
observer2 says...
Tal, Adrian and Travis are the blue eyed boys. Can't fire them...soon there will be no young ppl to take over...regardless of their conflicts.
On Branville and Gibson in dispute over ‘debt’
Posted 22 February 2021, 2:59 p.m. Suggest removal
observer2 says...
Looks like an issue for the Compliance Commission. Did Halsbury Chambers breach elementary KYC regulations by not signing an engagement letter with Adrian and/or WSC on the defamation action? An Engagement letter would have determined precisely who the client was including copies of passports, address verification, sources of wealth, retainer fees, estimated fees and recourse against negligence.
Indeed doesn't dealing with public officials involve enhanced KYC and money laundering investigations? Maybe not?
On the other hand its reaks of ethical and double dealing on Adrian's behalf by using WSC leverage to "coerce a law firm to go after their enemies"....so so vindictive and FNMish.
With no Ethics Committee in Parliament there is no regulator of these politicians.
Now you wonder why no deal the government does can be successfully executed on time, within budget and according to plan.
Lol, this is only a deal that went bad. Had Greg apologized and Adrian's "good name" restored the entire episode may have been "swept under the rug" including outstanding fees.
Not sure what Adrian is made about, Greg "ruining his good name", WSC not paying the legal fee defending him, the size of the legal fee or something else....hmmm, it maybe something else. Never knew until this article that Adrian's name had been sullied....I just thought he was naturally that way.
I would speculate that Adrian would like to be Prime Minister when Minnis retires in 2027 and is patiently "waiting his turn" unlike Branville. I have seen the future and its not good.
On Branville and Gibson in dispute over ‘debt’
Posted 22 February 2021, 1:27 p.m. Suggest removal
observer2 says...
I think Atlantis needs to close for the next 2 years, like Melia, and do a $1 billion dollar refurbishment.
The hotel looks tired, run down and old.
And there are hardly any guests.
On Clusters fuelled infections spike
Posted 19 February 2021, 2:56 p.m. Suggest removal
observer2 says...
DWW. The government can't approve the FOIA. Can you imagine all the agreements that wsc, bpc, ni, btc, Focol etc etc. having signed in the past being made public!
Wow, we bloggers would be kept busy for months. Lol, we may need to split up the work. Say someone reviews BPC agreements and someone else reviews WSC.
Wow...thats too much work for the public. Best if Bannister and Ferriea just let us know what we need to know that is in these agreements. They seem completely incompetent to do the right thing.
Opps, don't forget the Bahamasair plane leases at $100,000 a month, or the Dash 8 purchases, or the Defence Force boats from Europe, or the $100 million Shell power plant, or Baha Mar or Hilton...or Lighthouse Point ....wow, there are just to too many agreements to review.
Lets not approve the FOIA and just talk about good corporate governance. Also Minnis has borrowed enough money to feed us all.
On BPC deal had govt over a barrel
Posted 18 February 2021, 2:11 p.m. Suggest removal
observer2 says...
Agree with you tribanon.
Instead of a foreign water company let’s get a Bahamian company similar to the Cable Bahamas privatization - zero government onnership.
In fact while we are at it let’s get 2 private Bahamian companies to compete with each other on each island.
Now we have the worst of both world with foreigners selling water to the government who then on sells it to Bahamians at a loss.
I will be so happy when I wake up in the morning and don’t have to listen to Adrian’s bad news. Do they ever have anything positive to say?
On DPM: Water Corp free ride now over
Posted 18 February 2021, 12:49 p.m. Suggest removal
observer2 says...
Not sure Dawes. But I am sure Bannister as a qualified cost accountant with vast experience in running and regulating utility companies will get it correct. I have complete confidence in him.
On DPM: Water Corp free ride now over
Posted 18 February 2021, 9:15 a.m. Suggest removal
observer2 says...
"...the Water & Sewerage Corporation is in dire straits." Adrian Gibson.
No its not. WSC has the Bahamas government guaranteeing all the jobs and an endless supply of money from high interest hard currency loans from European (Credit Suisse) and Supra National Banks (eg. IMF, World Bank, IBD etc).
Once the Bahamas is fully indebted the non transparent global banking system in partnership with the Bahamian government (FNM and PLP) the Bahamas will be fully crippled and dependent on them.
The fix will be in. They will be richer and we will be much much poorer.
To avoid hard currency depletion (hurricane season starts in 4 months) we should start rationing the US dollar reserves now.
Anyone doing any type of contingency planning can see this train wreck.
On DPM: Water Corp free ride now over
Posted 18 February 2021, 8:52 a.m. Suggest removal
observer2 says...
" [WSC] simply cannot continue to sell water to Bahamian businesses and households at a price below the cost incurred in purchasing it from Consolidated Water".
I have an idea. Why not let Consolidated Water sell directly to WSC customers so it operates like any other utility company in a developed country? Cut out the WSC middleman. Why do we always have to operate like a third world banana republic where the government pontificates every morning to its ppl.
Take WSC out of the middle and save the Bahamas hundreds of millions of dollars over decades of mismanagement.
In this way I don't have to wake up every morning and listen to how Bannister is going to save us and bring us into the 21st Century after having failed to do so for the last half a century.
Lol, give me a break.
On DPM: Water Corp free ride now over
Posted 18 February 2021, 8:45 a.m. Suggest removal
observer2 says...
Tribanon, look at it from the perspective of the wealthy Fusion investors. Why take $506,000 to pay BPL when under Emergency Powers you still can't open your business to generate further revenue to pay the ever increasing electricity bill. In essence you are taking good money and investing it into a bad business.
Wealthy investors have numerous opportunities to make money with much less headaches that dealing with the non communative Bahamain government.
If Fusion were allowed to open, hundreds of Bahamian would be put back to work and it will make a dent on the 100,000 Bahamian who are starving unless they get handouts from the FNM.
Maybe this is what the FNM wants. A country completely dependent on their handouts and every word they say.
On Fusion Superplex cut-off over $506,000 BPL dispute
Posted 12 February 2021, 9:44 a.m. Suggest removal
observer2 says...
The Executive Branch of the Bahamian government is all powerful.
The Official Opposition can't get its hand on the financial statements for the government to account on how billions of borrowed funds were spent, the Executive forced Fusion to close and not reopen, therefore Fusion has no revenue to pay their bills, BPL which is controlled by the Executive Branch turns off the electricity to Fusion and BPL through the numerous power cuts last year has destroyed a large amount of Fusion's electrical infrastructure with no reimbursement. If Fusion can't start their emergency back up generators the multi million dollar investment will become infested with mold like Our Lucayan in Freeport and become a virtual write off.
To those businesses that have survived the forced closures its important to watch this play out. Some businesses may say, "ohh, this could never happen to me, my business is profitable" but it could happen to anybody under the control of the Executive Branch under the Emergency Powers.
The FNM is all powerful. There is zero dialogue with anyone (the press, the businesses, the citizens, even their own MPs).
Each 5 year government term represents at least 8% of the average life span of a human being. Is this the way we want to be governed. Are we overjoyed with the way our government is operating and want to put them back for another 5 years because the alternative is perceived to be worse.
Truly between a rock and a hard place.
On Fusion Superplex cut-off over $506,000 BPL dispute
Posted 12 February 2021, 9:18 a.m. Suggest removal