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FTX Bahamas: Only we can pursue void payouts

FTX's Bahamian liquidators are asserting they may be the only ones "lawfully" able to pursue "material volumes" of client withdrawals that occurred around the time of the exchange's collapse and may thus be deemed void.

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FIVE STRAIGHT: Mako Aquatic Swim Club are national champions

FOR the fifth straight consecutive year, the Mako Aquatic Swim Club hoisted the Bahamas Aquatics’ National Swimming Championship trophy in the air as national champions.

Gov't to 'unleash' $200m Water Corp investments

An MP yesterday said the Davis administration is poised to "unleash" the most ambitious capital investment initiative ever by the Water & Sewerage Corporation with $200m earmarked for 80 projects over a five-year period.

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Clubs & Societies June 16th, 2023

The Alpha Kappa Alpha Sorority, Incorporated, Pi Upsilon Omega Chapter in Grand Bahama celebrated its 36th anniversary of sisterhood and service.

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Charities asked: Do you hold any of FTX’s $5.4m?

FTX’s Bahamian liquidators are “liaising” with local charities and non-profits over the collective $5.4m in donations they received from the collapsed crypto exchange to determine if they still hold any of these funds.

Andros shipper ‘exceeds every financial projection’

An Andros shipping company, which in summer 2021 was hailed as the largest recipient of financing arranged through the Small Business Development Centre (SBDC), yesterday said it has “beaten every financial projection” since launching.

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‘We knew’ prison would fail accreditation bid

DOAN Cleare, the acting commissioner of corrections, admitted yesterday that the Bahamas Department of Correctional Services failed an accreditation inspection earlier this year, saying officials knew the prison would “fail miserably”.

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Woman accused of unlawful sexual intercourse with a 13-year-old boy

A 36-year-old woman is behind bars after being accused of sexually assaulting a 13-year-old boy last month.

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Red-Line Athletics athletes ready for the next step

The Red-Line Athletics track club saw a few of their star athletes cross the stage at the St Augustine’s College graduation ceremony yesterday. The newest members of the class of 2023 celebrated their milestone in front of family, friends, and guardians at the Atlantis Imperial Ballroom. The Red-line Athletes included Alexis Brown Jr, Clinton Laguerre, Tumani Skinner, Johnathon Fowler, Ezthia Maycock, Jadyn Demeritte, and D’Angelo Collie. The athletes are preparing for the next step as they venture into early adulthood.

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COURT REJECTS ADRIAN GIBSON’S APPEAL: Temporary stay lifted as justices decide the ruling ‘did not have merit’

THE Court of Appeal ordered Adrian Gibson’s corruption trial to proceed yesterday after rejecting his appeal application against Justice Cheryl Grant-Thompson’s ruling.

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Basketball Smiles camp returns for 24th year

BASKETBALL Smiles, one of the most successful Summer Basketball Camps to come out of the United States, will be returning for its 24th year next week.

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Attorney General’s office begins medical insurance benefit enrollment; govt pledges to cover 80 percent

ATTORNEYS and Magistrates of the Office of the Attorney General will be provided with medical insurance, it was revealed yesterday.

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Injured Strachan: I could have won first NCAA title

IT was a painful experience over the weekend as Bahamian national javelin record holder Keyshawn Strachan sat and watched the National Collegiate Athletic Assocation's National Track and Field Championships rather than competing in it.

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PM: INDECENT NOT TO ACT OVER HAITI – Davis warns there may be no perfect solution for nation facing crisis

PRIME Minister Philip “Brave” Davis said that doing nothing about the crisis in Haiti “violates every notion of decency”.

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Rhema Otabor wins NCAA javelin title

NEBRASKA'S junior Rhema Otabor got the early lead and held on for a personal best and collegiate leading mark to win the women's javelin title at the National Collegiate Athletic Association Outdoor Track and Field Championships in Austin, Texas.

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Baha Mar Resort Foundation hosts first golf invitational

The Baha Mar Resort Foundation hosted an inaugural golf invitational this past weekend at the Royal Blue Golf Club.

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Education reform still a 'critical endeavour'

In a rapidly evolving world where information is readily accessible, the ability to think critically has become an indispensable skill.

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New faces, same story

ActivTrades

The re-elected Turkish president, Recep Tayyip Erdoğan, wanted to calm the markets and settle the Turkish currency crisis with the new finance minister, Mehmet Şimşek. But the plan did not work, and the lira hit a new record low on Friday last week.

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UK tells Bahamas: Let’s expand 295% export rise

The UK wants to build on last year's 295.1 percent increase in Bahamian exports and thus cure its "historical commercial underrepresentation" in this nation, its trade chief for Latin America and the Caribbean has revealed.

Developer eyes $5m New Providence move

A Bahamian developer yesterday disclosed it plans to invest up to $5m in developing a 2.3-acre project close to Lake Cunningham that will provide medical services to western New Providence residents.