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Rejected Ginn buyer settles COVID fraud
The Government has rejected a US hotel group, which last week agreed to pay $325,000 in sanctions to settle COVID fraud allegations, as a buyer of the 2,012 acre former Ginn development in Grand Bahama’s West End.
FNM chair: VAT health claims change ‘insane’
The FNM’s chairman yesterday branded the proposal to change the VAT treatment of health insurance claims as “absurd, insane and inane”, warning that it will “destroy” the medical sector if implemented as originally planned.
NPBA playoffs: Giants sweep High Flyers 2-0
THE Commonwealth Bank Giants will advance to NPBA championship finals after defeating the Sand Dollar Imports High Flyers 96-81 on Friday night at the A.F. Adderley Gymnasium.
Volleyball champions crowned
AFTER a week of intense competition during the tournament, the Public Primary Schools Sports Association crowned Sandilands Primary as the boys and girls volleyball champions on Friday at the Kendal Isaacs Gymnasium.
Crypto revival
ActivTrades
The current plight of the banks brings back memories of the 2008 financial crisis. Calls for alternatives are getting louder. Bitcoin supporters are feeling encouraged.
Man charged with murder of Leon Griffin
A MAN denied the 2021 killing of former Taxi Cab Union President Leon Griffin outside his home in court on Friday.
DIANE PHILLIPS: Curing PMH’s ills one blanket at a time
How do you fix a problem that costs 20 times more to run than the revenue it generates?
PRINCESS Margaret Hospital is in poor financial health. And that is being kind.
Eric Wiberg: Wives and bases
THE build-up of New Providence into the hub of all South Atlantic air deliveries to the Allies in Africa, the Mediterranean, Middle and Far East was sudden, yet the nation’s air hub was built as Windsor Field for the RAF Ferry Command, and to support the RAF Transport Command, the No 113 Transport Wing instructors who trained over 7,000 students for the front, and to deliver over 9,000 aircraft to Africa.
EDITORIAL: Is taxation the solution to our sins?
IT appears the government plans to make us pay for our sins – literally.
GB Power secures ‘best solar rate in Caribbean’
Grand Bahama Power Company believes it has obtained “the best rate in the Caribbean” with its first solar energy deal with an independent provider, its top executive has revealed.
Trinidad ready to face The Bahamas
Trinidad & Tobago, coming off their training camp in Fort Lauderdale, Florida, are looking forward to their rematch against the Bahamas at 4pm today in the Concacaf Nations League match at the Thomas A. Robinson National Stadium.
Immigration repatriated 1,100 in the last two months and numbers could exceed last year
IMMIGRATION Minister Keith Bell said 1100 people have been repatriated so far this year.
Bahamian whistleblower accused of ‘fabrication’
A Bahamian whistleblower has this week been accused of “fabricating” evidence critical to a case brought by US federal regulators against a former Nassau-based broker/dealer.
Airlines dispute threatened ‘huge’ $43m consequences
The US airline industry’s challenge to The Bahamas’ air navigation services fee regime had potentially “huge consequences” by putting close to $43m in annual revenues at risk, it was revealed yesterday.
FTX chief’s $460m deal with Bahamas fund firm
FTX’s US chief yesterday unveiled a $460m settlement with a Bahamas-based fund manager that received hundreds of millions of dollars in the months leading up to the crypto currency exchange’s collapse.
GB to Abaco power cable ‘fraught with complications’
Grand Bahama Power Company’s top executive says running an electricity cable to Abaco is “fraught with complications” and remains a “longer-term opportunity” it plans to explore.
MAN ON BAIL ON MURDER CHARGE GRANTED $8,000 BAIL
A MAN facing a pending murder charge was accused of breaching his bail conditions in court yesterday - and was again granted bail.
Oban revival dismissed despite $2.5bn plans
Talk of reviving the $5.5bn Oban Energies oil refinery deal has been dismissed as “foolishness” by the Prime Minister’s spokesperson although an “introductory call” was held with the project’s new owners soon after the 2021 election.
Pilot Club donates bicycle helmets, promoting brain safety in Grand Bahama
THE Sunset Pilot Club of Grand Bahama will be distributing 50 bicycle helmets to pre-schoolers on Grand Bahama through an initiative called “Brain Power”.
PI entrepreneur ready ‘at stroke of PM’s pen’
The Bahamian entrepreneur seeking to restore Paradise Island’s lighthouse yesterday revealed his financing needs have been “oversubscribed by more than 300 percent”, as he urged the Government: “Make good on our deal.”