I wasnt expecting to explain figures of speech this morning but here we are. Obviously the CBB is the issuer of legal tender.

However the govt has also been working with them and has made it a policy goal to see its success and is not an indifferent observer.

"Their" is used loosely here as in they are invested in its success. Its like saying "my Lakers lost", "your party won". Obviously I'm not Jeannie Buss and I dont own the Lakers.

They have wanted it to work as a matter of policy and have been trying to get it to wide spread use. (see below). However my point is that the same organization cant figure out how to rollout OT in 2025....simple.

Per the PM's 1 year anniversary speech:

"Our government also partnered with The Central Bank of The Bahamas to increase the circulation and use of the Sand Dollar. It is expected that this will make small business transactions faster, less costly and more secure."

Or the 23/24 budget "and thus we are working to expand the use of the Sand Dollar on all of our islands."

the Government's Digital Assets White Paper.

"7.1 Enabling access to digital assets for Bahamians in B$ and encouraging greater use of Sand Dollars (the Central Bank Digital Currency issued by the Central Bank of The Bahamas) is a priority for the Government. We will work with the SCB, the Central Bank of The Bahamas, and the private sector on ways to enable Bahamians to access digital assets with B$, and for Bahamians to pay taxes using Sand Dollars. We will also seek to promote wider use of Sand Dollars in commerce
on the islands."

So the government has no way of tracking overtime in 2025.

then they wonder why no one trusts thier sand dollar.

At least the government is setting a good example with the highly modern Post Office Savings Bank and the Ultra Efficient Bank of the Baham....oh no?

Never mind.

If you create a product with no demand no one will use it.

It would be like giving out bicycles to people with cars and then being surprised they are still driving to work. Meanwhile the people who are walking who probably need the bikes have no bike lanes to use and no places to park their bikes. Then this person would wonder why the free bike program failed.

The mass population have either cash or cards and card use is growing at a rapid rate. They have no need for sand dollar.

Why force this product that has little value on to people. The market is telling you the product is useless for the large amount of the population. At a certain point in time they need to stop pumping money in this vanity project.

You raise a good point. An investigation could be launched since there is an allegation and a pretty strong one.

no this is a matter before the Federal courts. Its on the DOJ website, its titled "United States of America vs.".
The Southern District of NY is a Federal District Court (Damian Williams former US Attorney was appointed by Joe Biden, the incoming Attorney nominated by the incoming president is Jay Clayton who was the former SEC head under Trump). They also quote the federal statutes they are being charged with breaking.

The easy guess is that the person wasnt named in the indictment. So they wont give the name out so easily

The hard question is why they werent named in the indictment. That should give clues as to why they arent going to give the name out.
We dont know why. Could it be they are still under investigation? Could it be that they simply want to wait for trial? It could also be where the DOJ has a habit of not naming non-indicted individuals where a statement was made they investigted it but didnt have enough to go after said individual.

we just dont know yet

The Ministry of Transport and Dept of Road Traffic has been asleep at the wheel and probably the worst performing Ministry and govt department in all of the Bahamas.

Just driving in Nassau for 5 minutes tells you why.

sorely needed but useless if left unfunded like the FOIA office

"we find that a number of other officers were implicated in the matter.” But I thought everything was fine.

how so? They reported each side from what i can see. CCA has done a filing so they posted that. When BML files thier counter I'd expect the same. there has been countless articles from either D'Aguilar and the results from the case where BML won.