WEEKEND FRIDAY
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
Smoky BLT QPC/Oreo Fudge McFlurry
i’m lovin’ it!
HIGH 81ºF LOW 72ºF
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.258, December 2, 2022
THE PEOPLE’S PAPER: PRICE–$1
PM: AUTHORITIES QUIZ FTX FOUNDER By LEANDRA ROLLE Tribune Staff Reporter lrolle@tribunemedia.net PRIME Minister Phillip “Brave” Davis said yesterday he was informed that embattled former FTX CEO Sam Bankman-Fried has been interviewed by local authorities as investigations continue into the collapse of the crypto giant. “I heard that he was,” Mr Davis said to reporters when asked about the issue yesterday. He also told reporters he was not concerned that FTX’s collapse would negatively impact the country’s
real estate market. This comes after Mr Bankman-Fried gave a nearly hour long interview with journalist Andrew Ross Sorkin on Wednesday at the DealBook Summit in New York City. He spoke at the summit via video call from The Bahamas where he opened up about the crypto giant’s downfall and his transgressions that led to it. He also recently sat down with ABC News for his first network interview since the swift collapse of his company, where he denied having knowledge of any
WHO JOINED THE WALK OF FAME?
SEE PAGE THREE
FISHERMEN ‘MAY NOT SURVIVE’ AS LOBSTER PRICES PLUNGE By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net FEARS were yesterday voiced that some Bahamian fishermen “may not survive the season” as the industry seeks to “weather the storm” created by lobster tail prices plunging by up to 50 percent. Paul Maillis, the National Fisheries Association’s (NFA) secretary, said fishermen who invested heavily in their vessels and operations in expectation that last
year’s prices “of upwards of $20 per pound” will be maintained are especially vulnerable to the drop-off. Disclosing that seafood processors are paying fishermen as little as $10 per pound for lobster in some parts of The Bahamas, he attributed the “suppressed prices” to increased supply as rival sources such as South Africa ramp up production back to pre-pandemic levels with the lifting of COVID restrictions. FULL STORY - SEE BUSINESS
CELEBRITY Artist and culture ambassador Jamaal Rolle with portraits on the Legends Walk of Fame - but who was added to the gallery at the Walk of Fame last night? See SPORTS section to find out. Photo: Moise Amisial
BELL HOPING FOR AMICABLE RESOLUTION OVER SALARIES By LETRE SWEETING lsweeting@tribunemedia.net LABOUR and Immigration Minister Keith Bell yesterday said he is not concerned with the “rhetoric” being spread about union
negotiations for public servants’ salary increases, adding he hopes for an “amicable” resolution. Mr Bell made these comments yesterday on the sidelines of a SEE PAGE FOUR
CRUISE PORT GRAND OPENING IN MAY, SAYS CHIEF EXECUTIVE By LEANDRA ROLLE Tribune Staff Reporter lrolle@tribunemedia.net A GRAND opening for the new Nassau Cruise Port will be held in the last week in May following the
multi-million-dollar project’s completion, its chief executive officer revealed yesterday. Michael Maura, CEO of Nassau Cruise Port Limited, spoke to reporters SEE PAGE FIVE
‘HOW MANY TAXI PLATES HAVE BEEN ISSUED?’ By KHRISNA RUSSELL Tribune Chief Reporter krussell@tribunemedia.net FORMER Prime Minister Dr Hubert Minnis has urged Transport and Housing Minister JoBeth Coleby-Davis to disclose the number of taxi plates that have been issued, amid accusations that the law has not been followed regarding the issuing process. Dr Minnis spoke on the issue the day after Bahamas Taxi Cab Union president
TRANSPORT and Housing Minister JoBeth Coleby-Davis. Photo: Austin Fernander Wesley Ferguson said union members were still awaiting correspondence from the Ministry of Transport
and Housing on the issue of regulating taxi plates. After several months of seeking to meet with Mrs Coleby-Davis on the issue of increased taxi drivers in an oversaturated market, Mr Ferguson said all he has now is a lot of complaints, but no response from the ministry. In an interview yesterday, the former Prime Minister asserted that from his understanding there has SEE PAGE THREE
Nassau & Bahama Islands’ Leading Newspaper
DIANE PHILLIPS: UNINTENTIONAL IMPACT OF FTX
SEE PAGE NINE