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Dames, Lightbourne to join Panthers prep programme

THE BC Christian Prep Panthers basketball programme is establishing itself as a pipeline for Bahamian talent and will add another pair of local student-athletes.

Liquidator readies control plan for Alliance accounts

Liquidators for an alleged $340 million Ponzi scheme are planning to apply to the Supreme Court for permission to gain control over six accounts they have been denied access to by a BISX-listed firm’s broker/dealer affiliate.

BVI court criticises Bahamas liquidators

The Bahamian liquidators for an alleged multi-million dollar international fraud have been blasted by a British Virgin Islands (BVI) judge over a “remarkable” and “gratuitous” agreement with a BISX-listed broker/dealer.

Tobacco start-up targets up to $10m first year sales

A Bahamian-owned tobacco manufacturing start-up yesterday said it was targeting $5-$10 million in first year gross sales, but warned this and employee hires could be “significantly impacted” if no Excise Tax exemption was forthcoming.

STATESIDE: Politicians need to recognise when it is time for them to leave the stage

WHAT do Diane Feinstein, Ruth Bader Ginsburg, George Santos and Clarence Thomas have in common?

Swiss Excellence in Education leaders to meet with parents, students, officials in the Bahamas

BAHAMIAN teachers, residents and students will have an opportunity to meet face to face with some of the world’s most respected educators when a contingent representing the finest schools and colleges in Switzerland arrives in Nassau tomorrow.

Band Camp wins Sprite Basketball title

AFTER four weeks of intense competition, the Band Camp has been named the 2018 Sprite Basketball Tournament champions with a score of 98-78 against the Southwestern Division team. Demargio Taylor was named the tournament’s Most Valuable Player, Mark

Sports in brief

BASKETBALL

College Basketball: Bahamians go head-to-head

FOLLOWING a break for the holidays, collegiate basketball resumed amongst Canadian colleges and universities with several Bahamians back on the court for their respective programmes.

Activists 'misled' by minister on oil drill

Environmental activists yesterday alleged the delayed legal challenge to oil exploration in Bahamian waters resulted after they were lulled into a false sense of security by a Cabinet minister.

NPBA Championships: Rockets sweep Giants

WHILE the Discount Distributors Rockets celebrated with a three-game sweep of the New Providence Basketball Association men’s division one championship series, dethroning the Commonwealth Bank Giants, the division II series between the Sun Oil Rockets and the Your Essential Store (YES) Giants will go right down to the wire in the fifth and deciding game.

Broker ‘acted in good faith’ on $400m fraud

A BISX-listed company’s principal, and its main broker/dealer subsidiary, are demanding that a US federal lawsuit against them be dismissed because they “acted in good faith and did not receive ill-gotten profits” from an alleged $400 million financial fraud.

BISX-listed firm’s $5m ‘recapitalise’ after SEC settles

A BISX-listed company will have to undergo a $5 million ‘recapitalisation’ as a result of the deal struck by its principal and main subsidiary to settle a lawsuit against them by US federal regulators.

96 new COVID-19 cases on Friday

The Ministry of Health reported that there were 96 new COVID-19 cases, one additional non-COVID-19 related death and one additional death under investigation on Friday.

Lady Muriel is a class act at the Family Island Regatta

Over 70 boats representing Bahamian islands competed in various races over the weekend in the 63rd Annual National Family Island Regatta in Elizabeth Harbour, Georgetown, Exuma.

Court 'quashes' Commission probe into BISX firm's broker

The Securities Commission is appealing a court verdict that “quashed” its bid to assess the solvency of a BISX-listed company’s broker/dealer affiliate, which is embroiled in an ongoing $340 million fraud probe.

Jones: ‘We are taking it one game at a time’

Jonquel reacts to Game 2 loss

Jonquel Jones and the Connecticut Sun are once again facing a must-win situation to keep their 2022 season alive.

Last-ditch threat to oil exploration

Environmental activists last night threatened to initiate legal action against the Government and Bahamas Petroleum Company (BPC) within 14 days unless the latter halts its oil exploration plans.

Puerto Rico leads Caribbean Amateur Golf Championships

WHILE Puerto Rico continues to lead both the Hoerman Cup and George Teale Memorial Trophy for the 2016 Caribbean Amateur Golf Championships, the Bahamas still has some work to do to at least finish in the middle of the pack when the four-day event comes to a close today.

Tax Coalition chief: ‘Fantastic’ if 85% VAT compliance

The Tax Coalition’s chairman yesterday said it would be “fantastic” if quarterly Value-Added Tax (VAT) filers achieved an 85 per cent compliance rate first-time, although he expected many to seek extensions to the April 28 deadline.

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