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Failed broker: $9.7m hangs in the balance
A successful winding-up of Owen Bethel’s Montaque Capital Partners is dependent on recovering $5.35 million owed by the insolvent Bahamian broker/dealer’s clients and affiliates, plus the fate of $4.3 million being claimed by a Canadian provider.
Justice holds legal discussions ahead of Gibson case, adjourned until Friday
THE corruption trial of Long Island MP Adrian Gibson was adjourned to Friday after Justice Cheryl Grant-Thompson held legal discussions in the absence of a jury yesterday.
70 students take part in summer student employment programme offered by GBPA
MORE than 70 students took part in the Summer Student Employment Programme at the Grand Bahama Port Authority (GBPA) this year.
MP Adrian Gibson back in court today
LONG Island MP Adrian Gibson will be back in court today over corruption allegations before Justice Cheryl Grant-Thompson despite his lawyer’s objection to the move.
Adrian Gibson corruption trial begins
ADRIAN Gibson’s corruption trial began yesterday with his lawyer filing a constitutional motion to force an in-person testimony from a key witness.
Neely helps High Flyers to set up division two decider
THE Division II series has followed the same pattern as Division I and the championship title will be decided in the fifth and final game.
Mixed results for our NCAA players
IT was a weekend of mixed results for Bahamian NCAA Division I basketball players as their respective programmes continued their progression into conference play. DeAndre Ayton was the top performer among the group with a game high 24 points and sev
Exporter targets live China lobster approval by Xmas
A Bahamian seafood exporter yesterday said it expects to receive approval to export live lobsters by air to China before Christmas, adding that this market could ultimately surpass the US as its largest.
Dementia treatment a major concern for nation
DEMENTIA is among the leading ailments of the elderly in The Bahamas and it is projected that by 2025 there will be about 70,000 people aged 65 years and older living in the country.
Jonquel leads her team to brink of FIBA qualification
Jonquel Jones has led Bosnia and Herzegovina to the brink of FIBA EuroBasket 2021 qualification after another pair of dominant performances in the latest window.
UPDATED: Tornado at airport damages plane, cars
A TORNADO at the Lynden Pindling International Airport early yesterday morning caused significant damage to a Bahamasair plane and minor damage to several cars at a nearby car rental agency.
Arbitration unnecesary over Baha Mar dispute
A well-known QC says there is no need for a formal arbitration process to resolve the $3.5 billion Baha Mar dispute, arguing that the court-appointed joint provisional liquidators (JPLs) were fully capable of mediating and “sponsoring a resolution”.
Munroe slams E&Y’s presence in court
The Government dropped Ernst & Young as its provisional Baha Mar liquidators due to concerns that it had done work for the developer and was also a creditor.
Antoan Richardson makes the Texas Rangers’ top 40
IT WAS a definite step in the right direction for Antoan Richardson as he attempts to stake his claim with the Texas Rangers organisation.
Shake off 'self-imposed investment xenophobia'
By NATARIO McKENZIE
Downtown group hopes cruise ports ‘benefit all’
THE Downtown Nassau Partnership (DNP) yesterday said it hopes that the cruise port developments eyed for both Nassau and Freeport will benefit “all stakeholders”.
Brewery shrugs off $10m storm costs
Commonwealth Brewery shrugged off more than $10 million in Hurricane Matthew-related damage and business interruption costs to post a 45 per cent year-over-year profits increase for 2016.The vertically-integrated, BISX-listed brewer foreshadowed an i
Statements retraction
In a recent letter that I had written and that was published by The Freeport News, I had wrongly stated that the Grand Bahama Port Authority Limited (GBPA) owned 20 per cent of the Grand Bahama Power Company (GBPC); and that the Canadian corporation Emera Inc owned 80 per cent. Actually, Emera owns 80.4 per cent of the local power company, according to the local power company's website.
Increase announced in Junkanoo seed funding
JUNKANOO groups in New Providence are to receive large increases in seed funding, with the A groups to get $30,000 and B groups $15,000.
Dominick Bridgewater set for return to France’s NM2 League
Dominick Bridgewater is set to return to France’s NM2 League for a second stint with Sapela Basket 13.