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Court must back dismissal of top Baha Mar staff

Baha Mar’s senior management cannot be dismissed by the $3.5 billion project’s joint provisional liquidators without the Supreme Court’s permission, although regular employees can be released “in the ordinary course of business”.

National Insurance benefits

EDITOR, The Tribune.

Rollins ‘would consider’ running if FNM offered him nomination

AFTER saying he would not offer himself for re-election on the Free National Movement’s ticket, Dr Andre Rollins suggested yesterday that he would consider and potentially accept a constituency nomination if offered one by the FNM’s recently re-elected Leader Dr Hubert Minnis.

$315m lost in Baha Mar tax

IT is estimated that the government has lost $315m in tax revenue from the beleaguered Baha Mar resort due its opening delays and the court appointed receivership process, according to an economic impact report of the $3.5 billion property obtained by The Tribune.

Safeguards against 'sinister' liquidations

CHANGES to Bahamian insolvency law will prevent directors/shareholders from putting companies into voluntary liquidation for "sinister reasons", a leading accountant yesterday arguing that the amendments bring this nation "into line with model international law".

Drug years are where the decay started

I have read many letters in the press recently, some of which I can fully subscribe to, hence I hesitated to write one of my own. But certain events have now compelled me to write.

Accountant opposed by own creditors committee

An accountant is facing opposition from his own liquidation committee as he bids to obtain over $1m in compensation for efforts to wind-up a collapsed Bahamian broker/dealer.

Liquidator concern on $8m taken from collapsed broker

A Bahamian broker/dealer’s liquidator has voiced concern that its majority shareholder and then-senior management removed over $8m in the two-and-a-half years prior to its insolvency.

Sebas’s Brickell in Govt PPP market

Sebas Bastian’s Brickell Management Group (BMG) has entered the public-private partnership (PPP) market through a contract to construct a new “multi-purpose” government office complex on Harbour Island.

A COMIC'S VIEW: Connect the dots on marijuana legislation

PRIME Minister Minnis seems to be in the zone these days, in regards to legalising and decriminalising marijuana, both medicinally and recreationally here in the Bahamas.

Richardson and Giants set for ‘instant playoff classic’

No matter whether you’re a fan of the Los Angeles Dodgers or San Francisco Giants, first base coach Antoan Richardson said he’s hoping the Bahamian public will throw their support behind his Giants in one half of the National League Divisional Series.

Don’t ‘reinvent the wheel’ over Abaco mega project

An Abaco realtor yesterday queried why the Government was “reinventing the wheel” with new multi-million dollar resort projects when existing ones were for sale at a fraction of these sums.

With tourism, we're onto something positive

Several exciting things have been announced in the Bahamian tourism industry and more are in the pipe line, so to speak.

US warnings ‘threaten core of our existence’

The Bahamas “must do everything in our power” to combat US crime advisories, the Chamber of Commerce’s chief executive warning yesterday: “It threatens the very core of our existence”.

Shame on D'Aguilar

I enjoy what I do as the number one rated (or so some say) talk show host in the nation. As host of The Real Deal, I have been presented with a huge electronic platform to promote nation building public policy initiatives and to make a difference in the lives of many Bahamians.

More than 100 investors at risk of losing crowdfund investment

A former Colina Insurance Company chief and at least 115 fellow investors are in peril of losing most, if not all, their combined $2.4m-plus investment in the insolvent ArawakX crowd-funding platform.

Gambling referendum to cost $5m

ABSOLUTE scandal! Obviously, National Security Minister Dr Bernard Nottage did not realise the Pandora’s box he opened this weekend with the announcement that the January 28 gambling referendum has cost the Bahamian tax payer about $5 million, especially as Prime Minister Christie — who is also Finance Minister — had some weeks earlier estimated a cost in the region of $1 million plus.

National Sculling Championships to highlight Long Island regatta

BAHAMIAN Brewery and Sands Beer will take its ‘Man in the Boat’ National Sculling Championships to the 40th annual Long Island Regatta in Salt Pond next weekend and will be the sponsors of the E Class sailing competition.

Bahamians in pivotal roles at Holland College

THE Bahamian pipeline continues to pay dividends for the Holland College basketball programmes as they have built a dynasty in the Atlantic Collegiate Athletic Association.

San Salvador and Rum Cay residents learn from Joaquin and head for shelters

THE devastation caused by Hurricane Joaquin last year has given residents in San Salvador and Rum Cay all the motivation they need to evacuate homes, according to the administrator for both islands, Gilbert Kemp, who told The Tribune on Wednesday afternoon there has been very good response to relocating to shelters to ride out Hurricane Matthew.

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