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02012023 NEWS, SPORT AND BUSINESS

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HELPING HAND TO FIGHT CRIME By LETRE SWEETING lsweeting@tribunemedia.net

PRIME Minister Philip “Brave” Davis said new vehicles donated to the Royal Bahamas Police Force by the United States, as well as additional vehicles ordered

ONE of the Ford Police Interceptors donated by the US to the government yesterday. Photo: Moise Amisial

by the government, will boost law enforcement’s saturation patrols and help combat crime. The US handed over 20 new Ford Police Interceptor Hybrid SUVs at a value of nearly $1.4m at a ceremony at RBPF headquarters yesterday. SEE PAGE TWO

...EVEN AS ANOTHER VICTIM IS SHOT DEAD IN BROAD DAYLIGHT By LYNAIRE MUNNINGS Tribune Staff Reporter lmunnings@tribunemedia.net

POLICE officers shot and arrested two suspects shortly after the assailants killed a man on Joe Farrington Road yesterday. A search is underway for a third suspect involved in the homicide. The incident occurred shortly after 11am at the Ivory Plaza on Joe Farrington Road. Chief Superintendent Michael Johnson, officerin-charge of the Criminal Investigation Department, said police were on patrol in the area when they

saw three men chasing and firing shots at the victim, who was pronounced dead at the scene by EMS. As a result, police shot at the suspects, who attempted to flee the scene in a small Nissan vehicle. This is the third police involved shooting for the year, one of which was fatal. Police captured the first suspect, who was on bail for murder. He was later taken to the hospital by ambulance, CSP Johnson said. A short while later, the second suspect was captured in bushes nearby thanks to public assistance. SEE PAGE THREE

‘BRACE FOR A SHOCK’ OVER VAT EFFECT ON MEDICAL COSTS By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net

BAHAMIAN patients were yesterday warned to brace for “a shock even at the smallest levels” as the change in VAT’s treatment of medical insurance claims payouts will further fuel already-soaring medical costs. Julian Rolle, BAF Financial’s managing director, told Tribune Business the financial fall-out “is certainly significant for the consumer” once Bahamian health insurers are no longer able to recover VAT on annual claims collectively worth over $200m with effect from April 1, 2023. Echoing concerns already voiced by industry body, the Bahamas Insurance Association, he added that healthcare will be “definitely more expensive, certainly less accessible” as a result of the treatment shift driven by the Department of Inland Revenue and Ministry of Finance. FULL STORY - SEE BUSINESS

FTX’S BAHAMIAN LIQUIDATORS CLASH WITH US JUSTICE DEPT

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net

A BODY being removed from the scene yesterday in Joe Farrington Road. Photo: Moise Amisial

ISLAND FM RADIO STATION GOES SILENT By LEANDRA ROLLE Tribune Staff Reporter lrolle@tribunemedia.net ISLAND FM 102.9 has announced that it will be closing its doors and taking a “hiatus” after more than two decades in service. The radio station delivered the news in a statement released to the media. The move takes effect today, February 1. When contacted for comment yesterday, Eddie

THE ISLAND FM studio. Carter, the station’s programme director, said there were several factors that led

to the company deciding to discontinue operations, which he said did not come easy. “Since the pandemic, we were unable to rebound. The customers that came back, you know unfortunately, and I understand completely from their aspect couldn’t come back at the levels they came back out at prior to the pandemic,” he told The Tribune. SEE PAGE FOUR

Nassau & Bahama Islands’ Leading Newspaper

FTX’s Bahamian liquidators are opposing the US Justice Department’s bid for an investigator to probe the crypto exchange’s collapse on the grounds it is overkill and will cost creditors “tens of millions of dollars” and could unnecessarily deplete recoveries for creditors and former clients of FTX Digital Markets, the Bahamian subsidiary. FULL STORY - SEE BUSINESS

ALICIA WALLACE:

MISCONCEPTIONS OF WHAT ANGER IS

- SEE PAGE EIGHT


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