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Volume: 122 No. 24, December 24, 2024
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CCA ‘FRAUDULENTLY MANAGED’ - SARKIS Izmirlian claims US filing is attempt to evade responsibility By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net SARKIS Izmirlian yesterday blasted Baha Mar’s contractor as “a company fraudulently managed by bad actors” while slamming the bankruptcy protection filing by its US arm as a bid to “evade responsibility for its actions”. The Cable Beach mega resort’s original developer,
in a statement responding to CCA Construction Inc’s Chapter 11 move, accused the Chinese state-owned contractor of “hiding” behind US bankruptcy protection law to avoid having to pay him $1.642bn in damages and post a $1.9bn bond to pursue overturning that award via the New York State Supreme Court’s appeals division. FULL STORY - SEE BUSINESS
MFJ=DA9:D= =D=;LJA;ALQ <JANAF? 9O9Q LGMJAKLK By LEANDRA ROLLE Tribune Chief Reporter lrolle@tribunemedia.net FRUSTRATED residents of Guana Cay, Abaco, say unreliable electricity is driving away tourists and lowering their quality of life. Their pleas for help are the latest in a series of complaints against Bahamas
Flying fun at the carnival
Power and Light (BPL), with residents of Eleuthera also reporting similar power challenges. “I feel like we’re living in a third-world country, paying first-world taxes, right, you know, and we’re not getting anything,” said longtime resident and business owner Tanya Wallace. SEE PAGE FIVE
A GIRL waves at her parents while on a ride at the carnival at Fort Charlotte last night. See PAGE EIGHT for more. Photo: Nikia Charlton
9? <G=K FGL Straw vendor complaints LJA:MF= GH=FAF? ?=L LG ;@=JJQ falling ‘on deaf ears’ @GMJK HA;C MK ;GMJL Gn]j l`] ^]klan] k]Ykgf$ L`] LjaZmf] oadd Z] gh]f >AF<AF? GF ;;9 \mjaf_ l`] ^gddgoaf_ `gmjk2 By JADE RUSSELL Tribune Staff Reporter jrussell@ribunemedia.net
By EARYEL BOWLEG Tribune Staff Reporter ebowleg@tribunemedia.net FREE National Movement (FNM) chairman Dr Duane Sands criticised Attorney General Ryan Pinder’s defence of the Bahamian government in light of a New York Supreme Court ruling that awarded $1.6 billion in damages to Baha Mar’s original developer, Sarkis Izmirlian. Dr Sands accused Mr Pinder of selectively addressing the court’s findings, which detailed alleged corruption and SEE PAGE SEVEN
AFTER more than a year of straw vendors urging the government to implement a system that would improve
their chances of making a profit, Straw Businesspersons Society president Rebecca Small says their requests continue to fall on “deaf ears”. SEE PAGE FOUR
?DGN=J%JGDD= <AK9HHGAFL=< :ML FGL KMJHJAK=< :Q MFAGF ;@A=> K J=E9JCK By RASHAD ROLLE Tribune News Editor rrolle@tribunemedia.net LABOUR Minister Pia Glover Rolle expressed disappointment over recent comments made by Trade Union Congress (TUC) president Obie Ferguson regarding current labour relations. SEE PAGE THREE
LABOUR Minister Pia Glover Rolle
Nassau & Bahama Islands’ Leading Newspaper
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