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Volume: 120 No.5, January 9, 2023
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FTX CEO’S ATTACKS ON BAHAMAS ‘MISGUIDED’ PM: WE’LL GIVE MORE RESOURCES TO CRIME FIGHT
Attorney General hails regulator for ‘proper’ measures By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net FTX’s US chief has admitted his attacks on The Bahamas’ integrity were “misguided” by agreeing to work with the failed crypto exchange’s local liquidators, the Attorney General argued last night. Ryan Pinder KC, speaking after John Ray put his name to a statement vindicating the Securities Commission’s actions in protecting assets belonging to clients of FTX’s Bahamian subsidiary, said this
was further evidence that the regulator had undertaken “proper, lawful and responsible” measures. “The negative comments about the jurisdiction from the Chapter 11 debtors were always false, misguided and aimed to discredit our jurisdiction,” Mr Pinder said, referring to Mr Ray and his team. “With or without a co-operation agreement, that type of action was never warranted, and clearly even the Chapter 11 debtors recognise [it was] misguided.” FULL STORY - SEE BUSINESS
TWO MEN DEAD AFTER SEPARATE SHOOTINGS By LYNAIRE MUNNINGS lmunnings@tribunemedia.net TWO men are dead after separate shooting incidents on Friday. The first incident occurred around 2.30am. According to police, a male victim was at a bar on Washington Street and Robinson Road when he was approached and
subsequently shot multiple times by an unknown man. The suspect, who was wearing dark clothing and a ski mask, fled on foot. Police said the victim died on the scene. A few hours later, police were investigating a shooting incident in Nassau Village. SEE PAGE THREE
OFFICERS at yesterday’s annual Royal Bahamas Police Force church service and parade and, right, Prime Minister Philip “Brave” Davis speaking at the event. Photos: Moise Amisial By LYNAIRE MUNNINGS Empowering our communities”. lmunnings@tribunemedia.net The annual event commenced at the Garden of Remembrance PRIME Minister Phillip “Brave” at Police Headquarters, where Davis and Minister of National Commission of Police Clayton Security Wayne Munroe pledged Fernander laid the first wreath in more resources to assist police in commemoration of fallen officcrime-fighting efforts, including ers who were killed in the line of more manpower and vehicles for duty. patrols. Following the brief ceremony, Yesterday, the Royal Bahamas officers marched to Zion BapPolice Force hosted its annual tist Church on East and Shirley church service and parade under Streets. the theme “Bridging the divide, SEE PAGE THREE strengthening partnerships and
SEARS: FORENSIC REPORT OF BPL SOON THE NEXT By EARYEL BOWLEG Tribune Staff Reporter ebowleg@tribunemedia.net
WORKS and Utilities Minister Alfred Sears said Deloitte has been engaged in a forensic examination of Bahamas Power and Light and officials should receive that report “shortly”. “Deloitte is currently engaged in a forensic audit and I expect that audit will be before us shortly and once we have the audit, we
WORKS and Utilities Minister Alfred Sears. will share it. We will put it before the House of Assembly,” he said on Friday. Prime Minister Philip
“Brave” Davis said last August his administration is considering staging a number of official inquiries, among them one that will look into the affairs of BPL. However, Mr Sears could not say whether a televised inquiry was on the table. “No, you’d have to speak with the prime minister. I’m focusing on the portfolio I hold and I can confirm that Deloitte is and has
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