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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.

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.

Golfers tee off at Caribbean Amateur Junior Championships

TEAM Bahamas opened the 27th Caribbean Amateur Junior Golf Championships yesterday as the host country celebrates 60 years in the sport.

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.

GIANTS HOLD OFF CARIBS TO CAP OFF A NEAR PERFECT SEASON

THE Commonwealth Bank Giants capped off a near perfect season by holding off The College of the Bahamas Caribs 83-81 at the AF Adderley Gym on Wednesday as the New Providence Basketball Association completed its regular season.

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.

sports inbrief

TENNIS 2012 BRAJAXBA WINTER CLASSIC 11 Here's a look at the winners in the 2012 Brajaxba Winter Classic Tournament held at the National Tennis Centre over the weekend: MINI-TENNIS A GROUP CHAMPION - Dentry Mortimer RUNNER-UP - Nia Richardson MIN

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Beach access may reopen 'within two weeks'

THE collapsed stairway which forced the “temporary closure” of a public access path to Cabbage Beach could reopen within the next two weeks, according to officials at Atlantis who yesterday said repairs are now 75 percent completed. In an update on

CARTOON THAT SENT A SIGNAL

THIS cartoon was taken from a pre-majority rule edition of The Herald, a newspaper that would become a mouthpiece for the governing PLP. This cartoon was part of the party’s strategy to encourage the black electorate to vote out the white oligarchs of the UBP.

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$45,000 presented to Governor General’s Youth Awards

NINETY-two players took part in the 14th Annual Duke of Edinburgh Semi-Finals Charity Golf Tournament at Ocean Club Golf Course on Sunday morning in support of the Governor General’s Youth Awards programme.

Sports Notes

THE Bahamas Association of Independent Secondary Schools began its 2015/16 basketball season at various playing sites yesterday.

This is no time to be intimidated

Using my deductive reasoning skills after years of reading The Nassau Guardian columnist who goes by the nom de plume Front Porch, I have concluded that the main writer is an educated feminist who is possibly a lesbian.

Hurricanes win 5th straight title with win over Mounties

POWERED by its group of Bahamian players, the Holland College Hurricanes have an opportunity to protect homecourt and reach another milestone in the national tournament.

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Bahamas on a roll at Pan Am Bowling Championships

The men’s team was the first to hit the lanes for Team Bahamas at the Pan American Bowling Confederation (PABCON) Championships being hosted in Cali, Colombia.

Newbold appointed press secretary

THE Cabinet Office announced Thursday the appointment of Anthony Newbold as press secretary in the Office of the Prime Minister.

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Professional basketball players making moves

BAHAMIAN professional basketball players in leagues around the globe continue to progress in their respective seasons while others have made the transition to new leagues.Kadeem Coleby continues to perform at an All-Star level for his first place Aki

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Buddy cans 15 in 1-pt victory over Clippers

IT was quite a weekend for Buddy Hield with a pair of performances that produced a new career high and a thrilling come-from-behind win on the road.

Sports notes

AFTER the first three weeks of competition in the Bahamas Association of Independent Secondary Schools’ softball competition, there are still a few teams undefeated.

Sports Notes

THE Rising Star Youth Baseball & Softball Development League, with a wish to recognise the pioneers of both sporting disciplines on Grand Bahama, will show its respect for their efforts during a dinner at Le Chateau on the Green, Freeport, on Saturday, November 28.

Sports notes

THE Baptist Sports Council is scheduled to begin its 2015 Softball Classic in the Banker’s Field at the Baillou Hills Sporting Complex on Tuesday. In the 7pm opener, St Paul’s is slated to play the defending champions Golden Gates in the co-ed division.