One has nothing, or rather, very little to do with the other. And, let us not forget, whether we like them or not, the numbers boys are now a legal entity and are entitled, under law, to the same protections and treatment as any other lawful business.

Hoda, I understand your point, which is fair - and that is what the alphabet soup agencies have said to us, i.e. we haven't prosecuted much AML/CFT cases. But it is kind of a double edged sword isn't it. Our relatively new laws focus on prevention of AML, via filings with the FIU/Securities Commission, et. al. So we want to stop AML/CFT issues before they start, not prosecute it after the event transpired. So if we can show empirically, and I believe we can, that we have prevented issues, we should receive more credit than if we prosecute after the illegality occurs. But of course, the alphabet soup people do not give us credit for that - which is where the unfairness and fallacy of their accusations are apparent. Put simply, they are downgrading us for stopping the murder, rather than us allowing the murder and then putting the guilty party in jail. That is preposterous. Also, I know you said you didn't want to inject politics, but I have to deal with the point you make linking PLP to corruption. Most of the companies that appeared in the Panama Papers (Bahamas related) were formed between 1998-2003 - the FNM's time in office. Plus, let us not forget that, to date, the only people in The Bahamas that have been prosecuted for corruption - something the alphabet agencies are so fond of - have been FNM's. So, let us not point fingers solely at the PLP.

Hate on Brave all you want (not literally saying that you do that - though you do), but when it comes to matters of law, he is usually surprisingly astute.

THIS!

Oh, enough with the PLP nonsense. Its 3 years later. If that is still the excuse, then the FNM were/are not worthy of our votes.

Agreed, mudda.

He will lose his seat in 2022...badly! I am willing to take (not so gentlemen's) bets.

and very much this!!! Ingraham was naive, out of his depth and very much ill advised by Bumbling Bill Allen and the greedy Higgs and Johnson law firm.

THIS!!!

Mudda, some of what you say is true, some is inaccurate., sone is misdirection. Quickly, Sears has always supported an anti 'alphabet soup' stance. Si your assertion here us simply not true. Go back to when the terribly ill informed Hubert Ingraham changed most of our financial services laws. John Delaney was the 'Squealer' to Ingraham's 'Napolean'. Sears opposed all of this from then, and, if you may recall, was one of Sesrs campaign promises in 2002 election. So your assertion is not true. Sears had been consistent.
Which leads me to the alphabet soup agencies have been beating us up from before Sebas was a two- bit hustler and while Flowers was still a pilot. The numbers boys are just an excuse by international agencies to come after us. Incidentally, look up how many numbers houses are in Mauritius- another blacklisted country. So dont overexaggerste the numbers boys effect. The money they bring in is negligible in international circles. Doesnt even register on the global radar. Read the corresponding banking report produced by the IMF, circa 2018, to see just hiw negligible numbers houses are.
Finalky, yes, there are former regulators on Sebas' Board, but existing regularors have not been compromised. If tou have evidence of the same, then produce it. Btw, those old pasture former regulators were so incompetent that the only jobs most could get was to sit on Sebas' board, so that should tell you something about how serious to take them.
This issue is simply white countries trying to eliminate black and brown countries, whom they (white) feel that they are superior too. Modern day colonization, if you will. Dont fall for the silly numbers boys rhetoric.