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Volume: 119 No.246, November 16, 2022
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‘APOLOGY LETTER’ FOR FYRE FESTIVAL Billy McFarland reportedly sends letter to govt
FYRE Festival organiser Billy McFarland reportedly has sent a letter to the Bahamas government in which he “profusely apologises” for the disastrous event, claiming he wants to make things right with The Bahamas. Mr McFarland admitted he was “completely wrong” and said he regrets his actions.
The apparent attempt to make amends comes after Deputy Prime Minister and Exuma MP Chester Cooper said the government will not endorse or approve any event in The Bahamas associated with the convicted felon, whom he dubbed a “fugitive”. Billboard revealed yesterday that Mr McFarland’s SEE PAGE THREE
MAN SNATCHING TOURIST’S PURSE CAUGHT ON CAMERA By LYNAIRE MUNNINGS lmunnings@tribunemedia.net
PHOTOS of a man snatching a tourist’s purse downtown went viral on social media yesterday. The incident took place on Bay Street, near McDonald’s. In the photos circulating on social media, a man is seen approaching two people and snatching a woman’s purse. The woman fell to the ground
‘GOLDEN GIRLS’ SET FOR ‘NATIONAL HALL OF FAME’
during the incident. When asked by reporters about this matter, police press liaison officer Chief Superintendent Chrislyn Skippings told reporters on the sideline of an event that police are actively investigating. She could not confirm social media reports that the suspect was in custody. “I don’t have that information, but it has been brought to our attention, SEE PAGE THREE
THE FIVE original members of decorated sprinters the ‘Golden Girls’ – Chandra Sturrup, Debbie Ferguson-McKenzie, Pauline Elaine Davis, Savatheda Fynes-Coke and Eldece Clarke-Louis will be among the inductees as the Ministry of Youth, Sports and Culture holds its 2022 Class of the National Hall of Fame at the Baha Mar resort today. See Sports for the full list.
DEPUTY PM CONFIDENT THAT SECURITY COMMISSION CAN HANDLE FTX FALLOUT By LEANDRA ROLLE Tribune Staff Reporter lrolle@tribunemedia.net
DEPUTY Prime Minister Chester Cooper yesterday expressed confidence in the Security Commission’s ability to handle matters related to FTX’s fallout, adding “we have had curve balls thrown at us before in financial services and we persevered.”
Mr Cooper, who is also minister of tourism, investments and aviation, was asked to comment on the ongoing FTX saga ahead of yesterday’s Cabinet meeting. “Let me just say that the prime minister will be speaking to this FTX matter. It’s in his remit as minister of finance. It’s a matter for the
SEE PAGE FOUR
‘MINIMAL EXPOSURE’: CENTRAL BANK DEMANDS FTX REPORT By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net
BAHAMIAN bankers yesterday predicted the industry has minimal exposure to FTX after regulators demanded the sector disclose all business dealings with the collapsed crypto currency
exchange. Senior executives said the implosion of FTX and its local subsidiary, FTX Digital Markets, was highly unlikely to pose a systemic or widespread risk to the Bahamian financial system with Tribune Business able to reveal the Central Bank ordered all its
SEE BUSINESS SECTION
PLANS TO DETER YOUTH FROM CRIME By LEANDRA ROLLE Tribune Staff Reporter lrolle@tribunemedia.net
NATIONAL Security Minister Wayne Munroe said his ministry plans to launch a series of crime prevention programmes in the coming days geared towards youth to help deter them from turning to a life of crime. His comments to the press came as the country continues to record a rash of homicides, with the
NATIONAL Security Minister Wayne Munroe. murder count for this year now at 118, according to this newspaper’s records.
This is just one murder shy of last year’s tally of 119. “The only way that we’re going to stop murderers is if we stopped producing murderers and that is our challenge,” Mr Munroe said of the rising murder toll before going to a Cabinet meeting yesterday. “There are going to be some programmes that have been launched that you’ll be made aware of and the object of those is to SEE PAGE FIVE
Nassau & Bahama Islands’ Leading Newspaper
ALICIA WALLACE:
MANY WAYS TO MEET THE NEED FOR COMPANIONSHIP
- SEE PAGE EIGHT