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FTX: False statements were made to ‘diminish’ Bahamas

A former FTX senior attorney yesterday alleged that “false statements” were made in legal filings to “diminish” The Bahamas after the crypto exchange was advised this nation should be the main venue for its liquidation.

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Downtown revival strategy ‘fell short’

Plans to revive downtown Nassau “fell short” because not enough focus was placed on the redevelopment of waterfront properties by their owners, Nassau Cruise Port’s chief executive admitted yesterday.

Scotia: 95% gone online amid ‘lousy’ service claim

SCOTIABANK (Bahamas) will this year test mobile banking technology capable of serving all Family Islands, its top executive said yesterday, with 95 percent of customer transactions now conducted online or at ABMs.

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Cavaliers: ‘We are like that’

Mt Carmel senior boys basketball team earn 47-45 win over Akhepran in double overtime

COACH Wilton Johnson and his Mt Carmel Preparatory Academy Cavaliers senior boys’ basketball team had something to prove last night at the Hope Centre.

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Sand Dollar rout Zulu Media 96-64, Cyber Tech top Mekaddish Millionaires 82-80

THE New Providence Basketball Association continued its regular season action at the AF Adderley Gymnasium on Wednesday night.

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Police chief concern over bail decisions

POLICE Commissioner Clayton Fernander said police are looking forward to a good year working with legal officials with a view of taking individuals off the street who continue to offend and get bail.

Bahamas must ‘bite demon in butt’ over food insecurity

The Bahamas must “bite the demon of food insecurity in the butt”, an agriculture entrepreneur urged yesterday, after it was revealed that close to one in five residents recently suffered from limited access to food.

‘Not competitive’: Marina boss sees 20% Xmas fall

A Nassau marina operator yesterday blamed increased taxation for a near-20 percent decline in Christmas yacht traffic, and warned: “We’re not competitive with anywhere else in the Caribbean.”

Briland resort enjoys 33% revenue surge

A Harbour Island hotelier yesterday said the Christmas holidays were “bananas as usual” with December 2022’s revenues 33 percent ahead of pre-COVID comparisons for that month.

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Gibson Jr prepares for England

BY virtue of making the cut for the 2023 Latin American Amateur Championships in Puerto Rico, Richard Gibson Jr has secured a berth in the British Amateur Championship.

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ALICIA WALLACE: Embracing the spirit but losing the message?

ON January 13, a large bronze sculpture dedicated to Dr. Martin Luther King Jr. and Coretta Scott King was unveiled in Boston. Twenty feet long and 26 feet wide, titled “The Embrace”, it is meant to depict the Kings hugging, inspired by a photograph of the two after Dr King received the Nobel Peace Prize in 1964.

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Realtor hails $1bn property sales ‘first’

A realtor yesterday hailed the $1bn in property sales his firm handled in 2022 as a “first” in The Bahamas, and asserted he would “be very surprised” if any rivals were close to matching this performance.

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Bran: Price control switch ends pharmacy ‘beating’

The Democratic National Alliance’s (DNA) former leader yesterday gave “thanks to God” that the pharmaceutical industry’s lower-margin price control regime has ended, adding: “We took a little bit of a beating on that.”

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Learning loss assessment starts next month

THE Ministry of Education announced the start of the learning loss assessment tests for next month in partnership with a private international learning analytics company.

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Bahamas Chess National Championship heading for an exciting showdown

THE 2023 Bahamas Chess National Championship is heading for an exciting showdown as competitors try to stop NM Valentine Cox from attaining a sweep of the big event.

Pharmacies waiting on price control impact

BAHAMIAN pharmacies yesterday said it was too early to determine the financial impact after three-month, lower-margin price control regime came to an end.

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Pintard wants receipts over Bermuda trip

FREE National Movement leader Michael Pintard said in the absence of receipts from the Progressive Liberal Party regarding repayment to the Public Treasury for a controversial Bermuda trip last year, he cannot be sure that the figure provided by the government’s press secretary last week is true.

Basketball results

BASKETBALL results for Monday, January 16. Games were played at The Hope Center on University Commons. Mini Division

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Janero Miller signs with Miami Marlins as pitcher/outfielder

ALTHOUGH he was considered a late bloomer at the age of nine, Janero Miller will achieve one of his goals of becoming a professional baseball player at the age of 17.

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Developer takes ‘Passion’ to his Love Beach project

A prominent Bahamian developer is taking his “Passion” to Love Beach with plans to construct two seven-storey condo buildings that will in total feature 61 three-bedroom units.