OBITUARIES THURSDAY
Established
February
CARS! CARS!
8, 2021
Being Bound To
Swear To The Dogmas
1903
Of No Master
The Tribune tise Call
To Adver
-2351
601-0007 or 502
CLASSIFIEDS TRADER
$33.60
Established 1903
Get saucy again! McRib
i’m lovin’ it!
HIGH 84ºF LOW 73ºF
Monday,
The Tribune
L A T E S T
N E W S
O N
T R I B U N E 2 4 2 . C O M
Biggest And Best!
Volume: 120 No.257, December 1, 2022
THE PEOPLE’S PAPER: PRICE–$1
‘I DID NOT TRY TO COMMIT FTX FRAUD’ By EARYEL BOWLEG Tribune Staff Reporter ebowleg@tribunemedia.net FORMER FTX CEO Sam Bankman-Fried said he did not try to commit fraud and unknowingly commingled funds of his company’s customers with his hedge fund Alameda Research.
Mr Bankman-Fried gave a nearly hour long interview with journalist Andrew Ross Sorkin yesterday at the DealBook Summit in New York City. Live from The Bahamas, he opened up about the crypto giant’s downfall and his transgressions that led to it. This conversation is the
highest profile sit down the embattled former billionaire has given publicly since the collapse of the crypto exchange. FTX, Alameda Research, and “dozens other affiliated companies” filed a bankruptcy petition in Delaware last month. SEE PAGE THREE
FTX founder Sam Bankman-Fried
FNM VICE-CHAIRMAN BOY, 9, DIES AFTER COLLISION SUES PARTY LEADERS WHILE OUT RIDING HIS BIKE By LEANDRA ROLLE Tribune Staff Reporter lrolle@tribunemedia.net
FREE National Movement vice-chairman Richard Johnson has taken legal action against party leaders Michael Pintard and Dr Duane Sands after being banned from attending future council meetings, which he claimed violated the party’s constitution. According to a writ
of summons filed on November 28, Mr Johnson, represented by attorney Gregory Moss, is seeking some $500,000 in compensation for general or exemplary damages concerning the suspension which stems from allegations that he “acted contrary to the interests of the party, its platform, policies” etc. SEE PAGE FIVE
By LYNAIRE MUNNINGS lmunnings@tribunemedia.net THE family of a nineyear-old boy who was killed in a tragic traffic accident on Tuesday are devastated and struggling to come to terms with his untimely death. The victim was identified by his mother as Kevin Lowe, Jr, affectionately known as “KJ”. According to a report from police, around 6pm a flatbed truck was towing a trailer west on Quakoo
THE DAMAGED bike of Kevin Lowe Jr. Photo: Moise Amisial Street, while the victim was riding his bicycle west along the road when the two collided. The boy was taken to hospital by a private vehicle
where he later died. He suffered massive internal bleeding, according to close relatives. The victim’s mother, who did not want her name printed, told The Tribune yesterday that her son was “smart”, as he was an honour-roll fifth grade student of Albury Sayle’s Primary School. Kevin was killed only moments away from his residence on Laird Street, in the presence of his father, according to his mother. SEE PAGE TWO
CIBC TO END IN-BRANCH TRANSACTIONS By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net CIBC FirstCaribbean last night justified its decision to halt physical in-branch transactions from January 3 - a move that will impact thousands of Bahamians by asserting that 85 percent of clients are already using digital banking channels. FULL STORY - SEE BUSINESS
MYSTERY OVER FREEPORT SHOOTING By DENISE MAYCOCK Tribune Freeport Reporter dmaycock@tribunemedia.net GRAND Bahama police are investigating a shooting incident that left a Freeport man dead, with investigators searching for a motive. Shortly before 11pm on Tuesday, police responded to a call about a man being shot in the Frobisher Drive area.
THE SCENE of Tuesday’s shooting in Freeport. Photo: Vandyke Hepburn Assistant Superintendent of Police Stephen Rolle
said when officers arrived at the scene, they saw a man on the ground suffering from apparent gunshot wounds to the body. He said that preliminary reports revealed that the victim was outside his residence, along with other persons, when he was approached by a gunman.
Nassau & Bahama Islands’ Leading Newspaper
SEE PAGE TWO
FRONT PORCH: MAKING GOOD PUBLIC POLICY IS HARD WORK
PAGE EIGHT