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FTX chief targets Bahamas property ‘misappropriation’
FTX’s founder and two of his closest associates were last night accused of “misappropriating” some $4.86m of client monies to acquire high-end Bahamian real estate that they subsequently put in their personal names.
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Executive joins Bonefish and Tarpon Trust Board
A SENIOR Atlantis executive has joined the Bonefish and Tarpon Trust as a board member
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AC challenges at Justice Centre ‘being addressed’
SUPREME Court Deputy Registrar Renaldo Toote said the air-conditioning challenges that prompted workers to walk out of the Garnet Levarity Justice Centre in Grand Bahama are being addressed.
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Iconic Nassau business at centre of legal battle
A legal battle has erupted among one of Nassau’s most prominent families that centres on a long-standing Bahamian business with a corporate history dating back 60 years to before Majority Rule.
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VICTORY AND DEFEAT MARK OPENING DAY: Bahamas’ 12U team beats Cayman Islands, loses to Cuba on day one
Team Bahamas’ 12-and under (12U) baseball club earned a win and loss on day one of the Babe Ruth Caribbean Region Championships.
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CARIFTA Triathlon set for Nassau in August
THE Bahamas Triathlon Association (BTA) is delighted to announce that they have successfully won the bid to host the highly anticipated CARIFTA Triathlon Championships.
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Pro basketballer Jaraun surprises the children at X-treme Athletics camp
BAHAMIAN professional player Jaraun “Kino” Burrows made the summer kids smile at the X-treme Athletics basketball camp after he not only paid them a visit, but trained and played in a scrimmage game with them.
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Excitement builds for ‘Peace on da Streets’ Basketball Classic
THE 27th edition of the Michael “Scooter” Reid Peace on Da Streets Basketball Classic returns to a new Hope Community Center basketball court next week Monday.
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EDITORIAL: Govt avoidance of answer on irregularities telling
IT IS worth noting the defensiveness currently taking place over the Chinese workers who were released from custody after the intervention of Immigration Minister Keith Bell despite irregularities in their status.
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As illicit fentanyl is rising experts hope to prevent a crisis in The Bahamas
AS illicit fentanyl use rises in The Bahamas, experts hope to prevent a crisis.
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Fund ‘first’ targeting $100m in five years
A Bahamian investment bank yesterday unveiled ambitions to “make a massive difference” for the economy by growing the country’s ‘first-ever’ private equity fund to $100m within five years.
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Vendors voice cruise port fears despite rent waiver
Nassau Cruise Port yesterday said it had waived the first year’s rent for its marketplace tenants to help grow their businesses after several complained about the cost and lease terms they must sign up to.
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Food prices to ‘never return to pre-COVID’
The Retail Grocers Association’s president yesterday warned Bahamians that food prices will not return to pre-COVID levels and said: “The cost of operations is increasing all over the world.”
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Investor’s $2.2m San Sal hotel claim ‘unenforceable’
A US investor’s $2.239m claim against the family owners of a well-known San Salvador resort has been branded as “unenforceable” by a Supreme Court judge and rejected in its entirety.
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CFL summer soccer returns every Sunday
THE Capital Football Label (CFL) Summer Soccer Championships are back at the Roscow A L Davies soccer field every Sunday until August 20.
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BPL hikes ‘blow up’ Abaco living costs
Abaco business owners yesterday revealed their electricity costs more than doubled in just one month as Bahamas Power & Light’s (BPL) fuel cost recovery strategy consumes an ever-increasing share of corporate cash flows.
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Authentic Bahamian goods sales struggle
VENDORS at the Nassau Cruise Port have been having difficulty in promoting and selling authentically Bahamian products, it was asserted during a press conference held by the Trade Union Congress (TUC) yesterday.
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Musicians hit at ‘second class citizens’ treatment
Bahamian musicians yesterday argued that they remain unemployed while foreign entertainers are permitted by the Government to work at major New Providence resorts.
