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Sweet & Savory Volume: 120 No.254, November 28, 2022 Mornings
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AG DEFENDS THE NATION OVER FTX Ryan Pinder hits out at assertions over Bahamas regulations By LEANDRA ROLLE Tribune Staff Reporter lrolle@tribunemedia.net ATTORNEY General Ryan Pinder last night defended the country’s digital asset regulations in the wake of international criticisms over its regime following FTX’s collapse, calling assertions that FTX only came to The Bahamas because it was a poorly regulated jurisdiction
TOLD: $22M RUBY ANN COOPER-DARLING HONOURED PM SAVINGS IF BPL
FUEL TRADES DONE By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net
“shocking” and ignorant. Mr Pinder also expressed disappointment over “inaccurate allegations” made by John Ray, FTX Trading Ltd’s new chief executive, who said he had “credible evidence” that the Bahamas government “directed unauthorised access” to FTX’s systems, and aided the withdrawal of digital assets. Mr Ray made the claims SEE PAGE THREE
A DRAFT Cabinet paper seemingly prepared for the Prime Minister advised that Bahamians could enjoy a further $22m in savings if trades were executed to continue Bahamas Power & Light’s (BPL) fuel hedging at discounted prices. SEE BUSINESS SECTION
MARINA CHIEF SUFFERS ‘WORST THANKSGIVING IN 30 YEARS’
POLICE APPEAL TO DRIVERS AFTER TWO DIE IN TRAFFIC ACCIDENTS By DENISE MAYCOCK and LETRE SWEETING Tribune Staff Reporters
TWO people are dead after separate traffic accidents in Grand Bahama and New Providence over the weekend, prompting police to appeal to motorists to slow down while driving. Shortly before midnight on Saturday, a 39-year-old male pedestrian was hit while attempting to cross
Queens Highway in the area of Pine Forest. Chief Superintendent of Police Jeremy Henfield, officer in charge of the Eight Mile Rock Police Station, reported that the victim, a resident of Holmes Rock, died at the scene. Police said a small grey car was travelling east along the highway when it hit the pedestrian on the southern side of the road. SEE PAGE THREE
By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net
RUBY ANN COOPER-DARLING, the first Bahamian woman who registered to vote, was honoured on Saturday at a ball hosted by the Progressive Liberal Party. The gala ball, held at Baha Mar, was organised as the country celebrates the 60th anniversary of the Women’s Suffrage Movement. Mrs CooperDarling registered to vote in the 1962 general election, which was the first time women were allowed to vote in The Bahamas. Mrs Cooper-Darling (right) is pictured with United States Congresswoman Frederica Wilson, who presented her with a copy of the Congressional Record showing her contributions and achievements which will be permanently placed in the United States Library of Congress. PHOTO: Moise Amisial
HURRICANE HOLE SUPERYACHT MARINA OPENED
By LEANDRA ROLLE Tribune Staff Reporter lrolle@tribunemedia.net
STERLING Global Financial officially opened its Hurricane Hole Superyacht Marina on Paradise Island on Friday, marking a significant milestone for the international company. David Kosoy, Sterling Global’s founder and executive chairman, thanked his team and the government of The Bahamas for their support, saying: “None of
PRIME Minister Philip “Brave” Davis speaking at the event. this could really be done as I said without all of the people working there and the dignitaries, all of the politicians.” He spoke at a grand
ceremony to mark the marina’s opening. Among those present at Friday’s event included Prime Minister Philip “Brave” Davis, Deputy Prime Minister Chester Cooper, National Security Minister Wayne Munroe, Labour and Immigration Minister Keith Bell and other dignitaries. Giving keynote remarks, Prime Minister Davis hailed the Hurricane Hole SEE PAGE FOUR
Nassau & Bahama Islands’ Leading Newspaper
A FORMER Association of Bahamas Marinas (ABM) president says he has suffered “the worst Thanksgiving in 30 years” while linking the drop-off in boating traffic directly to VAT’s imposition on foreign yacht charters. SEE BUSINESS SECTION
INSIGHT
THE LONG WALK TO FREEDOM FOR WOMEN IN THE BAHAMAS SEE PAGE 8