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Bahamian companies wait two years for $1m fraud recovery pay

Bahamian companies battling to recover assets lost in a $400 million financial fraud are experiencing “financial stress” themselves because they have not been paid almost-$1 million due for two years’ work.

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TOUGH CALL: When parliamentary privilege was on the other foot

According to Fred ‘This is War’ Mitchell, he will not be bound by any court of law when it comes to what he considers to be his unqualified right to say and do whatever he pleases in Parliament.

Court 'quashes' Commission probe into BISX firm's broker

The Securities Commission is appealing a court verdict that “quashed” its bid to assess the solvency of a BISX-listed company’s broker/dealer affiliate, which is embroiled in an ongoing $340 million fraud probe.

Define success at Baha Mar

IN an article posted in the Tribune by journalist, Neil Hartnell, dated August 30th, 2017, Neil recounts a report issued by liquidators of the Baha Mar resort.

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‘Extra special’ father-son combo

Very seldom do you hear about a father-son combination excelling in sports, whether it’s at the local or professional level. The sport of football is one of those rare ones and to have a duo accomplish that feat from the Bahamas is extra special.

Rose hits the court running

LJ Rose had a debut to remember and made an immediate impact on his new club.

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Bucket knock off Rockets 85-79, Stingers stop Rockets 94-78

THE New Providence Basketball Association’s double header on Monday night at the AF Adderley Gymnasium saw the Aliv Bucket and the PJ Stingers emerge victorious.

Broker ‘acted in good faith’ on $400m fraud

A BISX-listed company’s principal, and its main broker/dealer subsidiary, are demanding that a US federal lawsuit against them be dismissed because they “acted in good faith and did not receive ill-gotten profits” from an alleged $400 million financial fraud.

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Bahamas youth flag football season begins on August 26

THE Bahamas Youth Flag Football League (BYFFL) season is scheduled to begin next week Saturday.

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Eddie Ford: ‘We lived like brothers’

AS they began their trek towards playing professional baseball in the United States in 1967, Eddie Ford recalled how he spent a lot of time with the late Edison Armbrister.

Is national stadium the biggest mistake yet?

EDITOR, The Tribune. May I respond to the letter signed under the name Ed Fields, "We The People". Mr Fields should recognise, I hope, that this National Stadium could easily become the biggest white elephant, hole in the ocean any Bahamas Government ha

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Building a better mousetrap

DEPUTY Prime Minister Philip “Brave” Davis opened the 17th annual Southeastern Consortium of Minorities Engineers Mousetrap Car and Bottle Rocket Competition, which was held at the Jack Hayward High School grounds in Grand Bahama last weekend.

Proceeds of drug trafficking

The Tribune headline on the September 16, 2013; “US Loses $14m drug case ruling” has prompted me to write yet again about our failure to enforce the provisions of chapter 86 of the statute laws of The Bahamas.

Sports notes

THE Baptist Sports Council has announced that their 2015 Softball Classic will get underway on Tuesday, November 17, at the Banker’s Field at the Baillou Hills Sporting Complex.

Tourism standards must ‘runneth over’

The Bahamas must improve its customer services and ‘value for money’ standards if the tourism industry is to remain competitive, an Atlantis executive said yesterday. 

Sports Notes

THE Bahamas Association of Independent Secondary Schools began its 2015/16 basketball season at various playing sites yesterday.

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Simply the best - Fusion Expo to hit culinary heights

THE fifth annual Culinary Fusion Expo will showcase the best of the best in the food and beverage industry in Grand Bahama on Saturday and this year there will be a special guest appearance from celebrity chef Ed Harris, season four winner of the Food Network’s hit cooking show, Chopped.

Liquidator readies control plan for Alliance accounts

Liquidators for an alleged $340 million Ponzi scheme are planning to apply to the Supreme Court for permission to gain control over six accounts they have been denied access to by a BISX-listed firm’s broker/dealer affiliate.

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Atlantis eyes 10% growth in rates

THE Atlantis resort expects to be at full occupancy for Thanksgiving weekend with bookings being driven by its Battle 4 Atlantis tournament, Kerzner International spokesman Ed Fields telling Tribune Business yesterday that the resort’s rates were up about 10 per cent year-over-year.

Shipyard hosts fishing contest

Shipyard hosts fishing contest By DENISE MAYCOCK Tribune Freeport Reporter dmaycock@tribunemedia.net FREEPORT - The Grand Bahama Shipyard announced plans for its second annual fishing tournament on March 10 at the Grand Bahama Yacht Club. Ed Pavey, d