EDITOR, The Tribune.
Once again, I approach your reader’s desire to be heard on a matter that usurps itself - in a manner of adverse-ascendancy by the EU and without justification, I might add. A subject that I am anticipating will garner much buzz, as the political directorate has made the complaint known - and on the highest global level at the United Nations Security Council (UNSC) in New York recently.
The abhorrence of what amounts to no more or less than a system - an adverse and corrupt ill-conceived economic and political ploy whose objectives appear to have been tailored to bring destruction to the Financial Services' Regulatory Regime and prospective international business to our country - a crafty and wicked set of schemes, such as – Do these or you'll be blacklisted - the continuous threats against a third world country - The Bahamas - is being perpetrated by the political body of the European Union.
With the recent instructions handed down by the EU and on the tail of The Bahamas having to go to Parliament and debate, repeal and create new laws to regulate the secta because the EU has told The Bahamas to pass these laws - impressed upon it by this foreign group - and each time we had complied bringing changed legislation the EU would make other requests of The Bahamas - ever changing the “goal posts.” This shifty disposition by EU, we believe, is deliberate because many of the services offered by The Bahamas, they do too - and over the years - we have seen a noticeable decline in International Business, especially from EU countries, etc.
We, the People, see the regulatory imperatives levied against the Commonwealth Of The Bahamas not only as duress, designed to instill fear, threats - to dictate to the people of a sovereign nation, but has left a bitter taste in the mouths of this God-fearing nation whose people were left feeling that we are being unfairly targeted, this disproportionate tagging when those countries or states advancing/practising questionable-business and lacking proper fiduciary obligations, were never approached to change anything or to account, etc?
I am convinced that it would be foolhardy for the people of this Commonwealth of The Bahamas to want to continue in this vein and with this level of international political abuses taking place and involving a group, this European Union who should know better - the same rights they have managed their economic financial affairs and to be able to do so without external or international hindrance, ie, from the Commonwealth of The Bahamas applies and ought to, but this is not the case, sadly.
Finally, Powers that be, let us make an inquiry into who or what many European citizens or businesses domiciled within our borders - and move to strike them from our country? This should neutralise the powers or perceived control that the EU has over our small country, the Commonwealth of The Bahamas.
Often, we find countries of the world undergoing so much poverty and we tend to blame the citizens when, on the contrary, there were external forces at work undermining the very core of how and what were their means of survival. This EU is that External Force, to which I refer. And they should be made to pay for the deeds done by them to the unsuspecting countries like our Bahamas. I said unsuspectingly, but perhaps their interests were deliberate and very targeted based on hard facts as they coveted what was natural for us – globally known for very good and honest business dealings - a country excellent for a vacation, rest and leisure, but at the same time as a country dominated by people of colour, etc?
Submitted with love and for what it is worth.
FRANK GILBERT
Nassau,
September 27, 2022.
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