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Albany chief faces ‘largest insider trading’ fine for decade at $50m
THE Bahamas-based billionaire who led Albany’s development will pay “the largest financial penalty for insider trading in a decade” at $50m after he yesterday pleaded guilty to perpetrating a securities fraud.
‘Moral imperative’ to boost financial watchdog’s staff
THE Government’s top financial watchdog has warned that “insufficient” staffing and resources are undermining its ability to protect Bahamians and hold successive administrations to account.
Bahamasair plane forced to return due to engine defect
A BAHAMASAIR plane leaving Crooked Island yesterday was forced to immediately return after an incident occurred due to an engine defect shortly after take off.
Teen pump attendant shot in face at gas station has fractured skull
THE teenager shot in the face at a gas station on Tuesday night was disoriented but talkative after the attack, which has left him with a fractured skull and caused sales at the station to plummet.
Rising hoops star VJ named to McDonald’s All-American roster
Bimini native Valdez “VJ” Edgecombe can now add being named to the 2024 boys McDonald’s All-American roster to his already long list of impressive accolades.
Sonja Knowles Track Classic on Saturday
THE fourth edition of the Sonja Knowles Track Classic returns to the original Thomas A Robinson Stadium this Saturday and Sunday with a new timing system to facilitate a quicker and more efficient track meet.
EDITORIAL: Be grateful for international support, but mind the red tape
THERE is a saying – often said to be an African proverb but whose exact origin is unclear – that comes to mind after today’s story in The Tribune about support being pledged by the United Kingdom in case of future hurricanes.
RBDF Commodore pleased with how many women moved up in rank at recent promotions
SOME 400 people were promoted in the Royal Bahamas Defence Force earlier this month, and Commodore Raymond King is especially pleased with how many women are moving up the ranks.
PM: Break your bail and your bail is gone
Prime Minister Philip "Brave" Davis today tabled several amendments to the Bail Act intended to send strong message to bail offenders: “Break the law on bail, and your bail is gone”.
British billionaire and Albany developer Joe Lewis pleads guilty in insider trading case
British billionaire Joe Lewis, whose family trust owns the Tottenham Hotspur soccer club, pleaded guilty Wednesday to insider trading and conspiracy charges in New York, saying he knew that sharing nonpublic information about publicly traded companies was wrong and that his crimes have left him "so embarrassed."
‘Absolute frenzy’ on VAT over tax portal struggles
BUSINESSES endured “an absolute frenzy” to meet Monday’s VAT payment deadline due to continued “growing pains” with the Department of Inland Revenue’s tax portal, it was revealed yesterday.
Controversial $1.3m propane plant agrees approval ‘quash'
A BID to develop a $1.3m “state-of-the-art” propane gas plant off Tonique Williams Highway was yesterday withdrawn before residents could seek to overturn the initial planning approvals it obtained.
Gov't 'on target' for 60-day contract unveiling by March
The Government's top procurement official yesterday predicted that it will be "on target" to disclose all contract awards within 60 days - as required by law - come March 2024.
Attorney loses challenge to overturn disbarment
A Bahamian attorney yesterday lost his challenge to the process that saw him disbarred over real estate transactions where he twice represented both parties in deals for the same property.
Balmoral condo hotel appeals may be joined
The planning authorities will decide on February 15 whether to combine two appeals over the Balmoral Club's plans to develop a condo hotel into one hearing.
Gathered to remember and to pray
THE soaring murder rate is triggering grief-stricken relatives of people killed over the years by gun violence, dozens of whom gathered yesterday to mark Families of Murder Victims Day with prayer, songs and tears.
‘I WAS FIRED FOR FOLLOWING RULES’: Adrian Gibson trial hears claim of WSC manager termination
AS Adrian Gibson’s criminal trial resumed yesterday, a Water and Sewerage Corporation (WSC) manager claimed she was “terminated” after refusing to pay companies awarded landscaping contracts because she lacked necessary documentation.
Garvin Clarke named Player of Week again
For the second time this year as he makes his transition from the University of Akron to the Indiana University of Pennsylvania, Garvin Clarke has been named the Pennsylvania State Athletic Conference (PSAC) West Athlete of the Week.
Minister: National stadium ‘repairs are going quite well’
CONCERNS have mounted as repairs continue at the Thomas A Robinson National Stadium and Betty Kelly- Kenning Aquatic Centre about whether the renovations of both venues will be completed in time for the 2024 CARIFTA Aquatics Championships and World Athletics Relays in March and May respectively.
Approval delays cost ex-Olympic swimmer
Planning authorities yesterday informed a former Olympic swimmer that there are no legal restrictions that can block the proposed expansion of his Rose Island beach day excursion.
