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Insolvent broker's Liquidators possess $200k for $17.5m claims
The joint liquidators for Owen Bethel’s insolvent Montaque Capital Partners currently possess just $196,238 in liquid assets to cover total creditor claims of $17.5 million, it has been revealed.
Kadeem, Mark and Travis top performers among Bahamians
KADEEM Coleby, Mark St Fort and Travis Munnings were several of the top performers among Bahamian basketball players active in their respective programmes over the weekend.
‘Banner year’: Resorts beat revenue target by 10% pts
Resorts on major Family Islands are targeting “a banner year” in 2023 after room revenues through to end-October beat the industry’s post-COVID target by ten percentage points.
CH Reeves Raptors are just 1.5 points ahead of AF Adderley fighting Tigers
IF the CH Reeves Raptors are to claim a ninth consecutive GSSSA Junior High Schools track and field title, they face a much tougher challenge this year from the AF Adderley Tigers who trail just 1.5 points behind atop the leaderboard.
Da Boyz win the Old Timers Memorial Softball Tournament
WITH renovations at the Archdeacon William Thompson Softball Park at the Southern Recreational Grounds not completed yet, the New Providence Old Timers Softball Association staged their first Memorial Softball Tournament over the weekend at the Bankers Field at the Baillou Hills Sporting Complex.
‘Satellite meetings’ on Baha Mar continuing
The parties to the $3.5 billion Baha Mar dispute were yesterday said to be participating in “satellite meetings”, as talks seeking to achieve a commercial resolution to the impasse continued.
Gov’t: Remobilisation ‘imminent’ at Baha Mar
The Government believes talks between Baha Mar’s Chinese stakeholders will lead to an “imminent remobilisation plan” and the project’s re-opening “in the shortest possible timeframe”.
Man held after rape attack on US tourist
POLICE have a 26-year-old man in custody in connection with the alleged rape of an American tourist over the weekend.
‘Only time’ will vindicate Gov’ts Baha Mar plan
The Opposition’s deputy leader yesterday argued it was too early to determine if the Government’s Baha Mar ‘winding-up’ strategy had been “vindicated”, adding that “only time will tell”.
Baha Mar liquidators meet with creditors
Baha Mar’s joint provisional liquidators yesterday confirmed they were already meeting with some of the development’s more than 3,000 Bahamian creditors, briefing them on “progress to-date” and their goals.
Wilchcombe aims to promote the ‘true identity’ of Bahamian culture in Carnival
TOURISM Minister Obie Wilchombe declared that the number one aim of the inaugural Bahamas Junkanoo Carnival is to promote the “true identity of Bahamian culture”. He said he is “not at all concerned” with any negative issues surrounding the festival.
Sports notes
GRAND Bahamian Jonquel Jones had another big night as the No.24 George Washington women’s basketball team picked up its 17th straight win with an 87-52 rout of Revolutionary Rival George Mason in Atlantic 10 action at the Patriot Center on Saturday.
The final insult to Edmund Moxey
EDITOR, The Tribune
Tech Talk: April 13
• WHATSAPP is using a powerful form of encryption to protect the security of photos, videos, group chats and voice calls in addition to the text messages sent by its more than a billion users around the globe.
Baha Mar fails to gain control of legal claim
SUPREME Court Justice Ian Winder yesterday dismissed a petition Sarkis Izmirlian’s Granite Ventures filed as part of its process to get the Supreme Court to require Baha Mar’s Deloitte & Touche receivership team to surrender control of a $192m legal claim the company has against China State Construction Engineering Corporation (CSCEC).
Youth Flag Football League debut in Winton Saturday
THE profile of flag football continues to increase in the country and a new initiative will now focus on youth development.
Union must answer for its actions
1957: Nassau International Airport opens. One hundred protesting taxi drivers block access to the new airport for 24 hours.
Baha Mar builder seeks Bahamian judicial assistance
Baha Mar’s main contractor has launched its own bid to secure Bahamian judicial assistance in a bid to unearth evidence that will support its counter-claims against former owner Sarkis Izmirlian.
Vaccine’s here - more need to take it
THIRTY-THREE thousand six hundred doses of the Oxford-AstraZeneca COVID-19 vaccine arrived in New Providence yesterday, boosting the country’s fight against the potentially deadly virus even though many residents remain hesitant to get the jab.
EDITORIAL: Good riddance to a building long past its best
IT’S the end of an era – and not before time.
