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ArawakX directors stay in control of BOB battle
The Chief Justice has allowed ArawakX’s principals “to maintain conduct and control” of the legal battle with Bank of The Bahamas over the latter’s six-month freezing of all their accounts.
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Delay dividends to give bigger payout, BOB told
Bank of The Bahamas should have waited to pay a more substantial dividend than its recent one cent per share declaration after a 49.6 percent jump in profits, an investor argued yesterday.
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Dr Perry Gomez laid to rest in official funeral
FAMILY, friends, and members of Parliament gathered at the St Agnes Anglican Church yesterday to lay to rest Dr Perry Gomez, the former minister of health remembered by the prime minister as “a man for all seasons.”
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Man says he helped murder accused out of fear of him
A MAN testified that he gave Rodrigo Rolle the pickax he used to break into the safe of an elderly American woman he allegedly killed in Cat Island in 2017.
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Ole Miss Rebels set for trip to Bahamas
After coming off a 10-point loss in their last game, coach Yolett McPhee-McCuin hopes to get her Ole Miss Lady Rebels back on track tonight before they make their return trek to The Bahamas for another Thanksgiving tournament.
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NPBA: Rebels and Heatwaves in win column
THE New Providence Basketball Association continued its regular season action with a double header at the AF Adderley Gymnasium on Monday night. • Here’s a summary of the games played:
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Passion shrunk at Love Beach
Love Beach residents last night hailed the planning authorities for “hearing our voices” after they imposed restrictions that cut three storeys off a prominent Bahamian developer’s project.
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Sam Bankman-Fried’s Bahamas non-profit in ‘sham’ denial
Allegations that a Bahamian non-profit established by jailed FTX founder Sam Bankman-Fried was a “sham” were yesterday denied by the expatriate executive who oversaw its operations.
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Water Corp’s debt to main supplier up $7m
The Water & Sewerage Corporation is taking “about as much water” as its main BISX-listed supplier can produce even though its debts to the latter rose 41.5 percent during the 2023 third quarter.
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Tanks didn’t need anything, said a WSC manager in Gibson case
A WATER and Sewerage Corporation employee testified in the Adrian Gibson corruption trial yesterday that water tanks were in “fairly” good condition in 2020 before $260k contracts were awarded for companies to paint them.
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THE KDK REPORT: Raising parents is hard work
RAISING parents is hard work. In the Caribbean and perhaps in other locations and cultures as well, children and their parents, under the best of circumstances, maintain an inextricably close bond.
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Gov’t eyes purchase of Freeport’s Bazaar
The Government is exploring the potential acquisition of Freeport’s derelict International Bazaar site as the location for its proposed African-Caribbean products marketplace.
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BTC cell tower sale to help finance 5G
The Government wants “part of the proceeds” from the sale and leaseback of all the Bahamas Telecommunications Company’s (BTC) 345 cell tower sites to be reinvested in improving services and 5G technology.
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ArawakX ‘good undeniable’ yet KC confident on full winding-up
ArawakX’s president says “nobody can deny the good” it achieved as Securities Commission attorneys hailed the appointment of provisional liquidators as vital to “protecting the capital markets”.
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Up to $100m targeted in Abaco ports investment
The Government is eyeing a combined $100m investment to transform Abaco’s two commercial shipping ports into facilities that meet global best practices and standards.
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$250k paint contract examined in Gibson trial
COMPANIES contracted to paint Water and Sewerage Corporation water tanks were awarded over $250,000 per tank, a WSC employee testified on Friday as Long Island MP Adrian Gibson’s corruption trial continued.
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CARIFTA water polo gold, bronze
Bahamas under-14 co-ed team bringing home the medals
With some highly- spirited performances, the Bahamas under-14 co-ed water polo team captured a gold and bronze medal at the CARIFTA Championships over the weekend in Miami, Florida.
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Raptors, Knights win cross country titles
THE CH Reeves Raptors and CR Walker Knights won the junior and senior division titles at the Government Secondary Schools Sports Association (GSSSA) Cross Country Championships.
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NPBA regular season is back ‘with a bang’
THE New Providence Basketball Association (NPBA) regular season returned with a bang and so did the Commonwealth Bank Giants at the Kendal G L Isaacs Gymnasium on Saturday night.
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The Golden Eagles bring junior boys title to LW Young
THE LW Young Golden Eagles joined the three crowned champions after knocking off the Anatol Rodgers Timberwolves junior boys in game three of the Government Secondary Schools Sports Association (GSSSA) volleyball championships at the Kendal GL Isaacs Gymnasium on Friday.
