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'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy'

'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy' By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net With the second Bahamas Women's Open less than two weeks a

'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy'

'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy' By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net With the second Bahamas Women's Open less than two weeks a

'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy'

'Once the Bahamas becomes a permanent stop on the tour, millions of dollars will come to our country and impact our local economy' By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net With the second Bahamas Women's Open less than two weeks a

PwC wins battle over liquidation of alleged fraud

A huge battle over who should wind-up an alleged multi-million dollar fraud, a case that has embroiled a BISX-listed company, has ended with the Supreme Court appointing a combination of PricewaterhouseCoopers (Bahamas) and the US receiver as liquidators.

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BISX-listed firm's CEO faces 'grilling' over alleged fraud

The chief executive of a BISX-listed company faces a grilling from liquidators investigating an alleged multinational fraud, who are seeking information on a series of multi-million dollar transactions involving his company.

BISX-listed firm’s affiliate in $75.5m ‘discrepancy’

There is a $75.5 million discrepancy over the sum allegedly held by a BISX-listed firm’s broker/dealer affiliate for a claimed multinational fraud, Tribune Business can reveal, with regulators having seized computers and a server from its downtown Nassau offices.

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Turnquest and Anand finish 2nd in their divisions at the 30th Caribbean Junior Golf Championships

TEAM Bahamas produced a pair of top three finishers against elite junior golf talent in the region at the 30th edition of the Caribbean Amateur Junior Golf Championships.The team concluded the final round yesterday following the three-day competition

April creditors meeting urged over major fraud

The Bahamian liquidators of an alleged multinational fraud that has ensnared a BISX-listed firm’s affiliate have applied to the Supreme Court for an Order that the first creditors meeting be held during April 2013.

Benchmark denies 'material impact' via client's liquidation

BENCHMARK (Bahamas) yesterday said the Supreme Court-supervised liquidation of one of its key clients would “not have a material impact” on its financial position or “long-term development”, expressing confidence that it would achieve long-term business development goals.

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NPBA playoffs: Bucket stop Eagles Nest 98-91, Regulators top Rockets 100-97

THE New Providence Basketball Association continued its first round best-of-five playoff series with another double header at the AF Adderley Gymnasium over the weekend.

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Legal threat to $5m benchmark pref equity

Liquidators for an alleged multi-million dollar ‘Ponzi’ fraud are threatening legal action to force a BISX-listed company to unwind, and return, a $5 million investment that accounts for 100 per cent of its preference share capital.

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.

Kaleel Solomon and Titans suffer 84-58 loss in NJCAA finale

KALEEL Solomon and his Eastern Florida State Titans saw their cinderalla season end just short of the National Junior College Athletic Association national title.

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Miller-Uibo, Gardiner win in Diamond League

Bahamian double sprint national record holders Shaunae Miller-Uibo and Steven Gardiner made their 2019 Diamond League Circuit debuts in grand style at the Herculis EBS in Monaco on Friday.

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Gordon leads Rockets over Warriors 98-94

HOUSTON (AP) — Eric Gordon came off the bench to score 24 points and his steal on Golden State’s last possession secured a 98-94 victory last night that gave the Houston Rockets a 3-2 lead in the Western Conference finals.

Karl McCartney and Stampeders lead the west in the CFL

NOW in his sixth season with a Canadian Football League powerhouse, Bahamian veteran Karl McCartney is continuing his role as a special teams ace and reserve linebacker.

100 farmers hit through tobacco grow 'scrapping'

Up to 100 farmers could be impacted by a Bahamian cigarette manufacturer’s decision to “scrap” its Andros tobacco growing plan, its chairman telling Tribune Business that conventional agriculture will also take a hit.

$358m penalty for fraud with Bahamas 'alter ego'

A US judge has imposed a $358 million fine on the perpetrators of an alleged multinational fraud that he found employed a BISX-listed firm’s subsidiary as its “alter ego”.

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'Major concern' over BISX listed firm's $5m prefs

The $5 million investment in a BISX-listed firm’s preference shares “is of considerable concern” to the liquidators of its largest client, who have warned that the deal will receive their “continued attention”.

Men’s national basketball team members open seasons

SEVERAL senior men’s national basketball team members recently opened their respective seasons across various professional leagues in Europe and South America.