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$14.5m bond keeps Mortgage Corp open

$14.5m bond keeps Mortgage Corp open By NEIL HARTNELL Tribune Business Editor The Bahamas Mortgage Corporation (BMC) has placed a $14.5 million bond vital to keep it operating, its chairman telling Tribune Business yesterday that "the public is going to

$14.5m bond keeps Mortgage Corp open

$14.5m bond keeps Mortgage Corp open By NEIL HARTNELL Tribune Business Editor The Bahamas Mortgage Corporation (BMC) has placed a $14.5 million bond vital to keep it operating, its chairman telling Tribune Business yesterday that "the public is going to

$14.5m bond keeps Mortgage Corp open

$14.5m bond keeps Mortgage Corp open By NEIL HARTNELL Tribune Business Editor The Bahamas Mortgage Corporation (BMC) has placed a $14.5 million bond vital to keep it operating, its chairman telling Tribune Business yesterday that "the public is going to

Police probe like 'sword of Damocles'

By NEIL HARTNELL Tribune Business Editor A Royal Bahamas Police Force (RBPF) investigation is "hanging over our heads like the sword of Damocles", developers of a $40 million Exuma-based real estate project have told Tribune Business, arguing that severa

Police probe like 'sword of Damocles'

By NEIL HARTNELL Tribune Business Editor A Royal Bahamas Police Force (RBPF) investigation is "hanging over our heads like the sword of Damocles", developers of a $40 million Exuma-based real estate project have told Tribune Business, arguing that severa

Police probe like 'sword of Damocles'

By NEIL HARTNELL Tribune Business Editor A Royal Bahamas Police Force (RBPF) investigation is "hanging over our heads like the sword of Damocles", developers of a $40 million Exuma-based real estate project have told Tribune Business, arguing that severa

SPEED WEEK 'CAN BECOME LIKE MONACO'

By NEIL HARTNELL Tribune Business Editor Bahamas Speed Week Revival organisers are examining whether to create a permanent race track in the Arawak Cay area, the minister of tourism telling Tribune Business that this nation could effectively match Monaco

SPEED WEEK 'CAN BECOME LIKE MONACO'

By NEIL HARTNELL Tribune Business Editor Bahamas Speed Week Revival organisers are examining whether to create a permanent race track in the Arawak Cay area, the minister of tourism telling Tribune Business that this nation could effectively match Monaco

SPEED WEEK 'CAN BECOME LIKE MONACO'

By NEIL HARTNELL Tribune Business Editor Bahamas Speed Week Revival organisers are examining whether to create a permanent race track in the Arawak Cay area, the minister of tourism telling Tribune Business that this nation could effectively match Monaco

SPEED WEEK 'CAN BECOME LIKE MONACO'

By NEIL HARTNELL Tribune Business Editor Bahamas Speed Week Revival organisers are examining whether to create a permanent race track in the Arawak Cay area, the minister of tourism telling Tribune Business that this nation could effectively match Monaco

SPEED WEEK 'CAN BECOME LIKE MONACO'

By NEIL HARTNELL Tribune Business Editor Bahamas Speed Week Revival organisers are examining whether to create a permanent race track in the Arawak Cay area, the minister of tourism telling Tribune Business that this nation could effectively match Monaco

SPEED WEEK 'CAN BECOME LIKE MONACO'

By NEIL HARTNELL Tribune Business Editor Bahamas Speed Week Revival organisers are examining whether to create a permanent race track in the Arawak Cay area, the minister of tourism telling Tribune Business that this nation could effectively match Monaco

BEC manager-elect slams 'fraud by hindsight' claim

The Bahamas Electricity Corporation's (BEC) prospective manager has dismissed as "fraud by hindsight" claims that it artificially inflated its stock price prior to a one-day wipe-out that erased $250 million in shareholder value.

Income-type tax ‘likely inevitable’, warns ex-minister

A FORMER financial services minister believes it is “probably inevitable” that the Bahamas will have to introduce some form of low-rate income tax, warning: “We’re not in the clear yet.”

LAW FIRM BLASTS CUSTOMS OVER 'WHIMSICAL FANCY'

By NEIL HARTNELL Tribune Business Editor A leading Bahamian law firm yesterday blasted as "almost unbelievable" Customs' second effort within two years to allegedly disrupt Freeport's $70-$120 million 'bonded goods' economy, arguing that arbitrary requir

Government's watchdog 'robbed' of independence

By NEIL HARTNELL Tribune Business Editor The Auditor-General is being "robbed of administrative independence" because he cannot initiate prosecutions where corruption and fraud involving public monies is suspected, a Public Accounts Committee report noti

Government's watchdog 'robbed' of independence

By NEIL HARTNELL Tribune Business Editor The Auditor-General is being "robbed of administrative independence" because he cannot initiate prosecutions where corruption and fraud involving public monies is suspected, a Public Accounts Committee report noti

'POSSIBLE FRAUD' ON $600 -$700K OVERPAYMENTS

By NEIL HARTNELL Tribune Business Editor "Possible fraud" and collusion resulted in $600,000-$700,000 overpayments to contractors working on a $33.5 million landfill project part-funded by the Government, the Auditor-General disclosing that he had recomm

Government's watchdog 'robbed' of independence

By NEIL HARTNELL Tribune Business Editor The Auditor-General is being "robbed of administrative independence" because he cannot initiate prosecutions where corruption and fraud involving public monies is suspected, a Public Accounts Committee report noti

'POSSIBLE FRAUD' ON $600 -$700K OVERPAYMENTS

By NEIL HARTNELL Tribune Business Editor "Possible fraud" and collusion resulted in $600,000-$700,000 overpayments to contractors working on a $33.5 million landfill project part-funded by the Government, the Auditor-General disclosing that he had recomm