Group Title: Tribune. (Nassau, Bahamas).
Title: The Tribune
ALL ISSUES CITATION THUMBNAILS ZOOMABLE PAGE IMAGE
Full Citation
STANDARD VIEW MARC VIEW
Permanent Link: http://ufdc.ufl.edu/UF00084249/00128
 Material Information
Title: The Tribune
Uniform Title: Tribune (Nassau, Bahamas)
Alternate Title: Nassau tribune
Physical Description: v. : ill. ; 58 cm.
Language: English
Publisher: Tribune
Place of Publication: Nassau Bahamas
Publication Date: June 8, 2005
Copyright Date: 2005
Frequency: daily, except sunday
daily
normalized irregular
 Subjects
Genre: newspaper   ( marcgt )
Spatial Coverage: Bahamas
 Notes
General Note: Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.
 Record Information
Bibliographic ID: UF00084249
Volume ID: VID00128
Source Institution: University of Florida
Holding Location: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: oclc - 09994850

Full Text







"START YOUR v
MORNINGS WITH Jjj
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HIGH 88F
LOW 76F

CLOUD, WIND,
SHOWERS


The Tribune

#1 PAPER IN CIRCULATION


Ihfe t iami eratl
BAHAMAS EDITION


Volume: 101 No.161


ills


WEDNESDAY, JUNE 8, 2005


PRICE 500


I


police


Councillor is

questioned after

scuffle on Abaco


M By RUPERT MISSICK Jr
Chief Reporter
CAY Mills, outspoken mem-
ber of Abaco's local govern-
ment, was questioned yester-
day by police after a heated
scuffle broke out between him
and Marsh Harbour Adminis-
trator Revis Rolle.
Marsh Harbour police said'
that at 1.15pm yesterday, Mr
Rolle arrived at the Marsh Har-
bour police station to report that
he had been punched in the face
five minutes before by Mr Mills,
Chief Councillor of the outgoing
Abaco Island Council. He com-
plained that the altercation had
left him with a wound to his left
eye and broken glasses.
Mr Rolle, who was recuper-
ating at home last night, told The
Tribune yesterday that the inci-
dent arose during an impromptu
inspection of the small capital
works projects being undertaken
by local government.
The Marsh Harbour Admin-
istrator said he left his office
after having received several
calls from residents yesterday
reporting that the dock was in a
mess with litter and other debris.
After inspecting the dock, Mr
Rolle, who was travelling with a
police escort, said he decided
to take the time to inspect the
other small capital projects
sponsored by local government.
Mr Rolle said that when he
arrived at the Dundas Town bas-
ketball court and went around
looking at what repairs had been
carried out, Mr Mills came rush-
ing up to the car pointing his fin-
ger at Mr Rolle and pulling


violently on the door on the
driver's side of the car.
"I told the police officer to
roll the window down and Mr
Mills asked what I wanted at
the court. I told him that I was
simply doing an on-site inspec-
tion on the small scale capital
project done by the council and
because I am the treasurer. He
said that I should not have
come down without him but I
told him that I did not bring
anyone with me because it was,
not an official visit," said Mr
Rolle.
When the Marsh Harbour
administrator got out of the car
to talk with Mr Mills, the lat-
ter told Mr Rolle that the prop-
erty the basketball court was
on was not owned by govern-
ment and Mr Rolle acknowl-
edged that but pointed out that
government money was being
spent on repairing it. A heated
exchange followed.
"When I moved away to get in
the car he started making ges-
tures in front of my face and I
knocked his hand out of my face.
He then grabbed my necktie and
started to choke me," he said.
This move caught the admin-
istrator and his police ,escort by
surprise and the officer dashed
to restrain Mr Mills.
When Mr Rolle composed
himself and started to move
back towards the car, Mr Mills
got away and struck Mr Rolle in
the face, damaging his eye and
breaking his glasses.
Mr Rolle said that he plans to
file charges against Mr Mills.
The Tribune's attempts to
contact Mr Mills failed.


BISHOP Simeon Hall yesterday
called for a special commission on the
College of the Bahamas as the "plagia-


* By PAUL G TURNQUEST
Tribune Staff Reporter
AFTER death threats and heated
arguments, police and lawyers from
New Providence have brought some
form of calm back to Harbour Island,
by intervening in a land dispute there.
Harbour Island's local government
had started building a 30 x 25 foot
structure complete with bathrooms
and public bathing facilities on what it
claims is Crown land. However,
according to management of the Pink
Sands resort, the property belongs to
the resort. It is reported that the man-
agement informed local council of the
fact, but has been ignored.
When representatives from the
resort went to stop the work at the
site, workers with hammers and other
tools chased them off.
SEE page ten


rism" scandal rocked Nassau's academic The government, he said, needed
community. to look at "all challenges" facing COB,
"There is something amiss at COB," and described the storm overpresi-
he told The Tribune, adding that a dent Dr Rodney Smith's "plagiarism"
bipartisan investigation was now essen-
tial. SEE page two


Man shot in

head and killed

outside home

* By DENISE MAYCOCK
Tribune Freeport Reporter
FREEPORT A 26-year-old man was
gunned down outside his residence in
Pinedale, Eight Mile Rock, Monday evening.
The incident brings the homicide rate to eight
for the year on Grand Bahama.
Charles Tameiko Grant, a resident of First
Street, Pinedale, was shot in the face several
times at about 10.30pm after briefly speaking
with a man, who had inquired about purchas-
ing Grant's vehicle.
Chief Supt Basil Rahming said Eight Mile
Rock Police went to scene, where they dis-
covered the body of the deceased on the
ground near a white coloured Buick car. He
said a relative told officers that a man came by
asking about buying the vehicle.
He said Grant was speaking with the man,
SEE page ten


N By A FELICITY INGRAHAM
Tribune Staff Reporter
THE daughter of murder accused
Henry Hugh Smith took the stand in
court yesterday to testify in the case of
her dead mother, Terah Smith, and Lar-
ry Fernander.
Eleven-year-old Paige Smith told the
court that when she was about five or six
years old, her father asked her to show
him the home of Mr Fernander, who
she said she called "Uncle Larry".
She told her father to head to the air-
port and was able to direct him to Mr
Fernander's Love Beach home. That
night Smith drove up to the home, which
his daughter had pointed out to him. He
then turned around and left, she said.
The home, located in a complex called
SEE page ten


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Lecturer praises president's bravery


.E By KILAH ROLLE
Tribune Staff Reporter
WHILE most of the faculty at the College of
:the Bahamas agree that "mum's the word" on
'the issue of the resignation of their president,
, one senior lecturer is expressing her hopes that
both the president and the institution will sur-
;vive the "latest blow in a series of negative
reports."
Dr Olivia Saunders, a senior lecturer in eco-
nomics, stressed that while the commission of
plagiarism by COB president Dr Rodney Smith
i cannot be condoned, his bravery for publicly
admitting his error should not be forgotten.
* She pointed out that it is not clear whether Dr
Smith deliberately omitted a source which he
used in one of his graduation speeches, and said
that is an issue which the college council and the
minister of education must decide.
"My only concern is that clearly, someone is
watching and waiting for him to stumble," she


said, "and no matter what good he does there is
someone willing to overshadow it with something
negative."
She insisted that plagiarism, in any form, should
not be tolerated and should not undervalue the
integrity of the college.
However, she said, it has been a common habit
of both the media and the community to focus too
much on negativity.
"There are those people who do not have the
courage to publicly indicate their feelings," she
continued, "and they hide behind the title of
anonymous source.
"You have to question those sources who are so
quick to point out failure but do not have the
courage to have their name called."
Ms Saunders said the college has undertaken
the very challenging goal of moving from a college
to a university, and said she admires the efforts of
Dr Smith to facilitate this transition.
"He hasn't even been here for a year, and this
is unfortunate. I would never condone plagia-


rism, but I admire someone who is willing to take
responsibilities for his actions, and immediately
take steps to correct them."

Perspective

Ms Saunders said it is important, when con-
sidering the actions of Dr Smith, to also look at all
he has accomplished.
"So. many people want this college to move
ahead," she continued, "and to hear this type of
thing, it is just disheartening. There is no question
that we have plenty of work to do, but lets be fair
to Dr Smith, who has been trying very hard and
he has had a lot of support, deservedly so."
Dr Smith holds a bachelor's degree in psy-
chology with a minor in ecology from St John's
University in Minnesota. He holds a master's in
clinical psychology from Fisk University in Ten-
nessee, a master's with a concentration in inter-
national development from Harvard University


and a doctorate in administration, planning and
social policy from Harvard University.
Dr Smith issued a statement during a press
conference last Thursday about an error he made
while addressing a recent honours convocation
ceremony.
He admitted not referencing one of the thrd&
sources of work which he used in his remarks.
He also provided proof from the author, John
Sexton, president of New York University, who
after hearing about the omission of a reference,
granted permission to Mr Smith to use his com-
ments.
A comparison of Mr Sexton's speech and Dr
Smith's showed that six paragraphs of Mr Sextonrs
text appeared without reference, almost word
for word, in Dr Smith's address.
Dr Smith took full responsibility for what he
referred to as an "error" and said any act dr
behavior suggestive of plagiarism is a very serious
offence in academia and should never be tolet-
ated.


Hall seeks investigation


FROM page one
con fession as a symptom of the col-
lege's other woes.
Bishop Hall, one of Nassau's most
senior churchmen, said: "I think this
is a microcosm of all that is happen-
.'ing there."
But he did not call for Dr Smith's
head. "I am not willing to join the
cry for his resignation, even though
he now faces a credibility problem,"
he said.
Dr Smith admitted last week using
material by a New York academic in
his convocation speech without attri-
bution.
He apologised to faculty and stu-
dents for his error, and said plagia-
rism was unacceptable in academia.
But senior academic Mr Felix
.,Bethel said an apology was not suffi-
S cient and that Dr Smith must resign.
After The Tribune yesterday
.splashed the crisis in a front-page sto-
-.ry, phones were ringing off the hook
at the college as readers demanded to
know what was happening.
Some pro-Smith factions immedi-
ately sprang into damage-limitation
mode, trying to downplay the issue,
but faculty members were predicting
the end for the Harvard-trained pres-
ident.
One said he would be gone by Sep-
tember an ignominious finale to his
supposed mission to carry COB to
university status by 2007.
"My prediction is that there will
be a new president by the end of the
year," he said.
Meanwhile, college council chair-
-man Franklyn Wilson was in a rage
over the issue, demanding that The
Tribune apologise for linking him
'with the situation.
In an apparent attempt to distance
:himself from the crisis, Mr Wilson
;said The Tribune was wrong to men-
Stion his name, and refused to com-
jment further until an apology
appeared.
However, when Dr Smith was







y


appointed last year, Mr Wilson tried
to justify the president's $120,000 a
year salary by citing his academic
qualifications and saying he was the
best man for the job.
He also countered misgivings
raised by the FNM Action Group,
who demanded that further investi-'
gations be made into Dr Smith's
background.
Mr Wilson is particularly aggrieved
at suggestions that he had been one
of the main forces in appointing Dr
Smith and driving out former presi-
dent Dr Leon Higgs.
However, Dr Higgs' removal
caused some concern for Bishop Hall,
who said: "I am still a little suspi-
cious about the way Dr Higgs left the
college."
He said he and others who shared
his disquiet had nevertheless wished
the new president well in his post.
Now, he said, it was time for a
reappraisal of COB. "I think having
the president resign for some careless
flaw is not sufficient. I think the col-
lege needs more educators at the
head of its board."

Speculation

Meanwhile, the Oakes Field cam-
pus is alive with speculation over who
"blew the whistle".
Some feel it was an insider who
really wanted to get at Mr Wilson.
One source said: "It is felt that Mr
Wilson was mesmerised by Dr
Smith's Harvard qualifications. I
believe Mr Wilson is the real target.
"The likeliest result is that they
will find a respectable way out for
Dr Smith. Whoever nailed him was
really out for his master," was the
opinion of the source.
Already, there is talk in the col-
lege of Dr Smith's successor. "I don't
think he will survive the summer,"
said one source.
There is even a suggestion that
COB stalwart Dr Rhonda Chipman-


Johnson twice passed over for the
top post will be back in the running.
A lecturer said: "Rhonda knows
the history of the place and is no fool.
I personally believe the government
needs to hammer out a new direc-
tion for the institution."
He claimed that Mr Wilson's
approach as council chairman had
been bad for COB. "Everyone, and
that includes the faculty union, is ter-
rified of him," he claimed.
Dr Smith's blunder is shaping up
into the biggest embarrassment COB
has suffered in its 30-year history.
.Yesterday, Dr Smith himself and
Minister of Education Alfred Sears
were lying low.
The college council was, meanwhile,
being left to decide the next move.
The Union of Tertiary Educators
of the Bahamas (UTEB), which held
an emergency meeting on; Monday
night, issued a statement yesterday
saying it was "extremely concerned"
about the issues surrounding Dr
Smith's convocation address.
"Because of the special nature of
the work conducted at the college, it
is imperative that we all pay attention
to this," it said.
"Academic freedom and respect
for intellectual property rights under-
pin the work we do and there are
specific rights and responsibilities that
come with this.
"Moreover, persons who Work at
the College of the Bahamas are
bound to live by its motto, which is
'Knowledge, Truth and Integrity'.
"These principles are paramount
and must guide everything we do.
UTEB has always affirmed these
principles and we are cognisant that
Dr Smith is also aware of these, hav-
ing expressed on numerous occasions
to both the faculty and staff the need
for us to pay attention to these ethics
and values."
The statement concluded: "Given
his apology, UTEB expects Dr Smith
and the college council to do the hon-
ourable thing."


Student ex-president steps

up to defend Rodney Smith


By DANIELLE STUBBS
Tribune Staff Reporter
THE immediate past-president of
the COB's student union (COBUS)
.yesterday defended the college's pres-
ident Dr Rodney Smith, who is facing
criticism after admitting to plagiarism,
Machale Taylor, COBUS president
for the 2004/2005 academic year, said
Dr Smith should not be terminated as
the college's president.
Over the weekend, Mr Smith admit-
ted plagarising a portion of a speech
sent to him in 2002 by his colleague,
John Sexton, the president of New
York University (NYU).
Mr Sexton delivered the address in
September of 2002 at his installation as
president at NYU. .
Mr Taylor said Dr Smith' has
brought "an increased sense of pride"
to the college and has made tremen-
dous infrastructural improvements.
On learning that the president used
more than six paragraphs of,Mr Sex-
ton's speech without acknowledging
a source, Mr Taylor admitted that
"there is no excuse for that."
"I think it is very sad despite the
good work he has done, because he
has been the one who was always so
vocal about plagiarism and cheating.,
"Now here he is, the president of'
the college, doing the very same thing.


MACHALE Taylor
That is sad," said Mr Taylor.
He maintained however that Dr
Smith's value to the college should be
recognised.
He suggested that the president
should be disciplined rather than ter-
minated.
The student said Mr Smith had
recently launched a wall-to-wall poster
campaign at the college, which empha->.
sised rules and regulations for writing:
and the penalties for plagiarism.


COB chairman




Wilson defends




his reputation

i R 1(l A l D flI I : i


M I D .."L l I I
Tribune St
CHAIRMAN
council Frank
terday defend(
and denied tha
ving force beh
ment of colle
Rodney Smith
On Thursday
a public apology
cite a source
an address dur
graduation act
Since his al
media reports
the question
should resign
raised, but Dr
be contacted f


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M =., or An administrative assistant
aft Reporter in his office said Dr Smith was
AN of the COB off the island at a conference,
N Wi ye and said all calls should be
:lyn Wilson yes- addressed to COB's council
ad his reputation chairman Franklyn Wilson.
int he was the drint- Mr Wilson's response, was to
ge president Dr express his outrage at7being
mentioned in yesterday's 'arti-
y Dr Smith issued cles about Dr Smith in The tri-
gy Dr Smith issued bune.
gy for omitting to He said: "The basic fact is
which he used in that the council of COB is not
ring the college's just one man, what do I have
ive an th to do with Dr Smith?" ,
pology, and the "It is insulting to me and'my
of whtch followed' colleagues to turn this issue into
hs post her hen a personal attack against me,"
his post hasbeen he continued. "It is foolishness
Smith could not and despicable, just despicable
and I am not going to address
anymore of this in any way until
each intelligent member of the
council receives an apology."
Mr Wilson pointed to several
IfLl paragraphs where he is men-
tioned in connection with Dr
Smith in Tuesday's Tribune, and
said it was unfair to focus on
him to that extent.
He referred to a portion of
.. the article which said he was
the "driving force in easing out
former president Dr Leon Hig-
ON gs and bringing in Dr Smith at a
salary of $120,000 a year twice
P-12 Dr Higgs' salary."
tters P4 Mr Wilson said the claim is
"categorically untrue."
P9 "I am not a politician," he
said, "I am just a simple
Bahamian attempting to do the
best I can for this college and
P7-12 my country in a role that I feel
is important.
P13 "I am not running for any-
M PI4-16B thing and I have said time and
time again to stop politicising
SECTION COB, it is not about politics,"
P1-7 Mr Wilson said.
"I have no interest in dis-
P4 cussing anything with you until
The Tribune apologises to every
member of the council for their
despicable and unethical
P.l report," he said.


PAGE 2, WEDNESDAY, JUNE 8, 2005


THE TRIBUNE








THE TRIUNE WENESDAYJUNEWS


Miller hits back at LNG



consultation claims


M By PAUL G TURNQUEST
Tribune Staff Reporter
MINISTER of Trade and Indus-
try Leslie Miller yesterday refuted
claims that he has stopped the town
meeting on liquefied natural gas
(LNG) from taking place until after
the project has been approved.
Mr Miller said the meeting will
take place as soon as possible, once
all the experts in the field can be
assembled again.
, "I have always said that we were
the ones putting it on. The consul-
tants came, the prime minister got
sick, so we put it off. Now the con-
sultants are all over the world.
"One is in Dubai, one in Canada
and the next one in Europe. And
we will have the meeting as soon as
we can get these people together,"
he said.
Mr Miller said he is very upset
about the way his comments on the
town meeting were "twisted" in a
recent newspaper article.
"What bothers me is when peo-
ple twist things around in the press.
"What I was referring to is that
traditionally the government would
have a town meeting and explain
why they made the decision after
you actually have made a decision
to do something.
"I never said that we are shelving
the town meeting, or holding it off
until after a proposal is granted,"
he said.
In a front page article in Tues-
day's Nassau Guardian, Mr Miller
was quoted as saying that there will
be no more public consultation on
LNG and that the town meeting
will not be held until the project is


approved.
Mr Miller assured the public the
facts about LNG will be heard at
the meeting.

Experts

In addition to the international
consultants, a team of experts from
the Bahamas Environment, Sci-
ence and Technology (BEST)
Commission will be on hand, he
said.
The BEST Commission gave its
approval to the plan for an LNG
facility in Ocean Cay near Bimini
earlier this year.
"If they said that there was some
problems with the industry then
the government would have walked
away. Certainly I would have
walked away as the minister.
"But a project such as this is
managed safely in numerous coun-
tries around the world, and there
has not been a loss of life in over 52
years in this industry.
"Now, it is my job to make sure
that we get the best economic deal.
So we traveled to Trinidad and
Tobago to gain their experience.
"Then you go to the Europeans,
and the experts in America to gain
the best economic advice," he said.
Mr Miller said the benefits to be
derived from the Ocean Cay LNG
terminal are as good, or even bet-
ter, than any other such project in
the world.
The minister added that one
report said the benefits should be
scaled back because the country
was thought to be getting "over
and beyond" what it should.


"Copyrighted Material -
Syndicated Content
Available from Commercial News Providers"




-








Masked men



robbed clinic


TWO masked men entered
the Medi Center on Collins
Avenue yesterday and robbed
the clinic, a nurse, and a
patient of an undetermined
amount of cash.
Police are holding a 27-year-
old suspect and are searching
for his accomplice after the
heist, which took place around
1pm on Tuesday.
Chief Superintendent of
police Hulan Hanna told The


Tribune that one of the sus-
pects was caught by police,
and is believed to be a resi-
dent of Kemp Road.
He was found in the Clifton
Street area off Montrose
Avenue with a large sum
of cash, believed to be the
property of the clinic and the
individuals who were robbed
there.
Police investigations into
the robbery are continuing.


* MINISTER of Trade and Industry Leslie Miller


OAS is 'still effective' despite E


the political crisis in Haiti

* By KARIN HERIG foster dialogue in Haiti and the ..
Tribune Staff Report development of a political com-
munity.


THE continuing social and
political crisis in Haiti does not
represent a failure of the
Organisation of American
States (OAS), according to the
Minister of Foreign Affairs.
Fred Mitchell made this
statement during his address to
the 35th General Assembly of
the OAS in Fort Lauderdale
on Monday.
In his speech as the newly
elected chairman of the Coun-
cil of Foreign and Community
Relations (COFCOR) of
CARICOM, Mr Mitchell said
democracy and freedom are the
key to social and political trans-
formation in the Caribbean
region and addressed the pro-
posed "Declaration of Florida"
- a US plan to monitor democ-
racy in the OAS.
Regarding the situation in
Haiti, he said that it represents
a good example of why OAS
is successful.
"Haiti is one obvious exam-
ple of how the OAS works and
works well. There are those
who would say nay, arguing
that the continuing crisis in that
country demonstrates the fail-
ure of OAS mechanisms. We
do not think so," said Mr
Mitchell.
The minister said democracy
"requires constant superinten-
dence" and that that OAS can


Caution

Mr Mitchell warned, howev-
er, that caution should be taken
regarding "any effort; structure
which would straight-jacket, or
make inflexible the ability of
this body to respond to a
crises."
Addressing the proposed
"Declaration of Florida", which
is seen by some as interference
in countries' domestic matters
by some OAS members, Mr
Mitchell said CARICOM is
approaching it with "serious-
ness and some caution".
Mr Mitchell warned that in
furthering development, one
has to be cautious of trade-offs
and preserving a country's sov-
ereignty.
"Democracy is clear when
we see it. However, as Sam
Hutchington's work at Harvard
would show, in the balance
between development and free-
doms, there are various trade-
offs," he said.
Mr Mitchell explained that
the regulating mechanism for
this is "an abiding belief in the
consent of the governed, the
right to self-determination and
that 20th century concept, the
right to territorial integrity, safe
behind defined borders."


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Agreement with Czech



Republic may lead to



resident's extradition


* By RUPERT MISSICK Jr
Chief Reporter
NEW DIPLOMATIC ties
formed between the Bahamas
and the Czech Republic could
result in the Bahamas extradit-
ing Viktor Kozeny, the former
head of the Harvard Funds,
who has been charged with
fraud by Czech prosecutors.
Last year it was expected that
Mr Kozeny, who was referred
to by Fortune Magazine in 1996
as the "pirate of Prague", could
escape justice in his homeland
because plans to extradite him
from the Bahamas were leaked.
A blunder by Prague's state
prosecutors office was expected


to hamper efforts to charge
Kozeny over alleged illicit finan-
cial dealings in the mid 1990s.
The resident of Lyford Cay
is wanted in both the Czech
Republic and United States to
answer criminal fraud charges.
An international warrant has
been issued for his arrest and
most of his assets have been
frozen.
The Czech Republic and the
Bahamas signed an agreement
on the establishment of diplo-
matic relations Monday.
The agreement was signed by
Czech UN Ambassador Hynek
Kmonicek and Bahamian
Ambassador to the UN
Paulette Bethel, in New York.


The Czech investor was also
embroiled in controversy in the
Bahamas, as relates to a devel-
opment which he planed to con-
struct in the Exumas.
In January of 1998, Mr
Kozeny was -asked by former
prime minister Hubert Ingra-
ham to rectify the environ-
mental damage which had
allegedly been caused by a
development initiated by the
Czech national on Halls Pond
Cay, Exuma.
In 1999, the Czech financier
filed an affidavit in court to
block government's effort to
acquire the Cay from him after
failing to meet a number of
environmental standards.


Interim Prime Minister of Haiti Gerard Latortue arrives
for a meeting with UN Secretary-General Kofi Annan
at UN headquarters in New York yesterday
(AP Photo/Adam Rountree)


THE TRIBUNE


WEDNESDAY, JUNE c,








PAGE 4, WEDNESDAY, JUNE 8, 2005


THE TRIBUNE


3 **j ETES T HEEITOR


The Tribune Limited
NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI
Being Bound to Swear to The Dogmas of No Master

LEON E. H. DUPUCH, Publisher/Editor 1903-1914

SIR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G.,
(Hon.) LL.D., D.Litt.

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B.
Publisher/Editor 1972-

Published Daily Monday to Saturday

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Sweethearting




the bitter




consequences,


EDITOR, The Tribune

IT is said that you get smarter
as you get older. Well if that's
the case, this is one guy (late
40s) that just can't wait to add
another year or two to his age.
We have a custom of "sweet-
hearting" here that has almost
cost me everything that is
important to me. Maybe in the
next few weeks/months, I will
find out just how much damage
I have caused, and I pray that it
is not irreparable.
About 18 months ago I start-
ed sweethearting a workmate
in my then place of employ-
ment. As my work was only of a
temporary nature, whilst my job
there soon came to an end, the
sweethearting continued on
until recently. I was married at
the time; she was a single moth-
er.
As a consequence of an unre-
lated matter, I was stunned to


my senses. I realized that my
sweethearting was not only very
deceitful to my wife but also
inconsistent with the loyalty that
I had shown earlier in my life
and our marriage.
Although not having been
found out, I elected to end the
sweethearting. That is when the
real problem started. Within a
day of breaking the news to my
sweetheart that I was calling it
quits (and explaining why I was
doing so), she was ringing me at
home to make a threat that there
was real trouble to come unless I
restarted our relationship.
The previously sweet-
natured, very affectionate
sweetheart turned into a nasty
street woman overnight. Dur-


Minster should go


to a CSME state


EDITOR, The Tribune

IT really is beyond sense
that we seemingly have two
persons Fred Mitchell,
Minister of Foreign Affairs
and His Excellency Leonard
Archer supporting the
Bahamas to accept and
become a member of CSME.
If these fellas think so
highly of membership, may
I very politely suggest. they
will consider emigrating to
any of the CSME countries
that may accept them and
grant them work permits.
The muddling, the misin-
formation, the refusal to
accede to truths and profes-
sional opinion is incredible. It
seems Mr Mitchell is on his
own wee self with this if con-
versations with at least six
other cabinet ministers are a
good indication of where
they sit.
Adopting the US$ The
past Minister of Finance
under the FNM, Sir William
Allen, suggests that we
would need 10 years to .be
able to adopt the US curren-
cy instead of the rinky-dink
Bahamian dollar, which is a
fixation of only probably the
owners of our consumer
banks as through the current
banking system they are able
to make extraordinary profits
whilst stating that the


Bahamian dollar is on par
with the US$.
We need to examine the
formula as to how those now
in the Euro Dollar system
transferred their various cur-
rency systems to the unified
system and immediately set
about establishing that with-
in no longer than four years.
The Bahamas will effectively
abolish the Bahamian dollar
and embrace the US dollar,
however I would suggest that
we do commence purchasing
gold as an offset to a possible
devaluing of the US dollar.
If Turks and Caicos can
use exclusively the US$ still
not independent of mother
England, surely we can as a
sovereign country rid our-
selves of a stupid decision
that Sir Stafford Sands made
when he took us from ster-
ling to dollarisation we
should have then adopted
the US dollar.
Hoping Minister Mitchell
and High Commissioner
Archer will advise the public
soon that so-and-so country
in CSME have accepted
them and they will be pack-
ing their Johnny bundles and
leaving town so that we can
rest in peace on this charade.

H HUMES
Nassau
May 14 2005


ALL ITEMS FROM CURIOUSITY.
Dry Goods, Clothing, Sewing Items,
Custom Jewellery, Stockings, Hats,
Underwear (men and women), Braids, Cologne
and lots more...


ing our relationship she had
been treated as a lady and was
given numerous privileges, gifts,
outings, trips, etc. and never was
a stern word spoken between
us.
Subsequent to receiving the
threat from my ex-sweetheart
that things would get difficult,
her 'phone calls to my cellN
phone, office and home accel-
erated. Despite us eventually
agreeing in one such 'phone call
that the relationship was offi-
cially at an end, and she con-
curred that the 'phone call may
in fact be our last communica-
tion, within a day or so she was
ringing my home to tell all the
details of our relationship to
whichever member of my fami-
ly happened to pick up the
phone.
Although I had already made
a full disclosure to my wife
(which caused her considerable
hurt), news of my sweetheart-
ing also caused needless upset
among the children. Just to add
a further complication to the
mix, my sweetheart also worked
at the same place as one of my
stepchildren. This stepchild was
also being told all about the rela-
tionship by the ex-sweetheart
during work time and she was
further seeking to embarrass the
stepchild in the office in con-
nection with the relationship.
As a result of the dispute
coming to the attention of their
office manager, and a damning
version of events having been
conveyed by the ex-sweetheart
to the office manager, my
stepchild, who was innocent of
any wrongdoing, soon found
themselves out of a job.
Six weeks and counting, the
toll looks something like this:
1. The marriage has been
severely shaken and my wife's
trust towards me has all but dis-
appeared; 2. My wife is hurting
badly; 3. A stepchild is unem-
ployed and has (at least tem-
porarily) moved out of the fam-
ily home; 4. My integrity has
been shot to pieces; and 5.
Despite a temporary respite,
there may yet be more trbtbble :
to come.
So, what can you take from
this tale? Based on my bitter
experience, my strong sugges-'
tions are as follows: If you are
thinking about sweethearting,
then DON'T! If you have
recently started sweethearting,
then cool things down as quick-
ly as you can and bring it to an,,
end.
If you have a long-term
sweetheart, break the news to
your spouse/partner and batten
the hatches for when you try to
end the relationship with the
sweetheart, because you will
have all hell to pay -- sooner or
later.
The best advice is, don't even
start sweethearting because thaFt
sweet-natured lady that caught
your eye and got your pulse rac-
ing will cause you nothing but'
trouble, embarrassment, humiuFl
lation, lost respect and possibly:
the loss of your marriage. So,
think again, and then don't do it.

ANONYMOUS
Nassau
May 31 2005


MISSION SERVICES


JUNE 8th 10th 2005 at 7:00p.m. Nightly


Wednesday June 8th
Thrusday June 9th
Friday June 10th


"Understanding Christ's Mission"
"Mission in the Congregation"
"Mission in the Wider Community"


Ordinand Carlton Turner
Ordinand Tellison Glover
Ordinand Theodore Hunt


FEAST OF ST. BARNABAS
SATURDAY JUNE 11TH 2005 at 9:00am

High Mass & Sermon Ordinand Michael Maragh
Fellowship, Games and Community Walk-About

PATRONAL FESTIVAL
SUNDAY, JUNE 12th 2005
7:00am MASS & SERMON Canon Basil Tynes
11:00am MASS & SERMON Canon Basil Tynes
3:00pm EVENSONG, PROCESSION & BENEDICTION OF THE BLESSED SCARAMENT

Guest Preacher: The Venerable Dr. E. Etienne E. Bowleg
Archdeacon of the West Central Archdeaconry
Rector of The Parish Church Of The Most Holy Trinity

MUSIC PROVIDED BY ST. BARNABAS MARCHING & CONCERT BAND

A RECEPTION WILL BE HELD IMMEDIATELY FOLLOWING THE SERVICE

HE HAS NO HANDS BUT OUR HANDS, HE HAS NO EYES BUT OUR EYES, NO FEET
BUT OUR FEET SO LET US THEN MOVE BOLDLY TO DO HIS MISSION!


MINISTRY OF YOUTH,

SPORTS & CULTURE

The Government of the
Commonwealth Of The Bahamas
Invites all interested parties to


A U D I Tl O1N

For The National Choir Of The Bahamas
Tuesday, June 14,2005 at The College of The Bahamas
Music Block, Oakes Field at 7:00pm
Sopranos, Tenors, Altosiand Basses are needed.
REQUIREMENTS
* Must be at least 25 years of age on the date of applying.
There is no upper age limit.
There is no limit on the number of successful applicants provided that you qualify
* Must come prepared to sing one (1) song only.
* Must be a Bahamian Citizen or Resident of The Bahamas

CHOIR DIRECTORS ARE:
Mrs Pauline Glasby & Mr Cleophas R. E. Adderley.
For further information call: 356-2691 or 2


-+ -








THE ~ ~ ~ ~ ~ ~ ~ ~ OA TRBNNWDEDAJNW8S05,PG

Herttoul


Mitchell in CSMEak




.4 .n
a0inoxcaio


* By DANIELLE STUBBS
Tribune Staff Reporter
HEART trouble and intoxi-
cation are the possible causes
of death in the drowning of
Roland Koster, an elderly US
winter resident on Long Island.
"There is reason to believe
that Mr Koster's heart condi-
tion, in addition to his being
intoxicated, caused his fall, and
rendered him incapable of
swimming to safety," said
Sergeant Bradley Pratt of the
Long Island police depart-
ment.
Condition
According to the officer, Mr
Koster, believed to be in his
early 60's, "had a serious heart
condition," and had previous-
ly undergone several heart
bypass procedures.
Mr Koster was living
onboard his mini yacht, "Stin-
drift" which was moored in
Stella Maris harbour when he


Bahamas fighting to


fell overboard.
He was pulled from the
water and taken to the local
clinic, where he was pro-
nounced dead on arrival.
Mr Koster and family, par-
ticularly his widow Susan were
said to be "frequent visitors"
to Long Island.
Couple
The couple were reported-
ly just about to finish building
a winter residence there.
Mr Pratt said Mrs Koster
was "immediately notified" of
her husband's death early Sun-
day morning, and was due to
arrive in the capital that
evening to identify the body.
Mr Pratt said such accidents
"never" happen on Long
Island.
"As a matter of fact, this is
the first time I can remember
something like this happening."
he said. Police say they cannot
say when the autopsy report
will be complete.





lave


deadline pushed back


U By KARIN HERIG
Tribune Staff Reporter
WHILE some resorts are tak-
ing a proactive approach to the
proposed new US passport
requirements, even going so far


* By KRISTINA McNEIL


IT was announced in the US
Supreme Court on Monday
that foreign cruise lines in US
waters are required to provide
bett6er-ervices to handicapped
passengers, yet the Bahamas
Maritime Authority (BMA)
plans to continue to adhere to
Bahamian and international
laws.
Recently, the Bahamas was
involved in a US Supreme
Court case in which a disabled




WED., JUNE 8
2:00am Community Pg 1540AM
8:00 Bahamas@Sunrise
9:00 CMJ Club Zone
9:30 Mr. Ballooney B.
10:00 Cybernet
10:30 Treasure Attic
11:00 Immediate Response
12:00 ZNS News Update
12:30 Immediate Response
1:00 Ethnic Health
1:30 Barbershop Critic
2:00 Mr. Ballooney B.
2:30 Treasure Attic
3:00 Claude Alexander Jr.
3:30 J. Douglas Wiley
4:00 Hurricane Preparedness
4:58 ZNS News Update
5:00 Hurricane Preparedness
2005 Cont'd
5:30 Cinema, Cinema, Cinema
6:00 One Cubed
6:30 News Night 13
7:00 Bahamas Tonight
8:00 Walking In Victory
Conference 2005
10:00 Video Gospel
10:30 News Night 13
11:00 Bahamas Tonight
11:30 Immediate Response
1:30 Community Pg. 1540AM
NT:ZS -T 1 rseve
th rgh t mkelat int


as to pay for tourist's passports,
the Bahamas, along with its
Caribbean neighbours, is still
hoping to avert a possible mul-
ti-million revenue loss by fight-
ing to have.the deadline for
implementation pushed back to


cruise ship passenger claimed
that he was discriminated
against while onboard.
The Bahamas and the ship-
owner maintained that accord-
ing to international law, "the
law of the flag state ordinarily
governs the internal affairs of a
ship," as written in the April
issue.of the Bahamas Maritime
Authority (BMA) newsletter.
"One can only imagine the
chaos that would ensue if each
country at which a cruise ship
calls, insisted on extending
their own disability laws to for-
eign ships," the newsletter con-
tinued.
Disabled passengers consid-
er the US Supreme Court rul-
ing a a victory, and said it
should be respected.
"The cruise lines aggressive-
ly market themselves as Amer-
ican and accessible, and maybe
now they will truly become
that.
"Only then will they again
earn back the trust of disabled
passengers," said Douglas
Spector, a disabled passenger
who has sued cruise lines in the
past.
Claims of discrimination
were also made in 1998 and
1999 against Norwegian Cruise
Line.
Then, three disabled passen-
gers claimed that they were
required to pay premiums for
their handicapped-accessible
cabins but found no amenities
for handicapped passengers.


Fetlzr Fniie


2008.
In response to the US State
Department's Western Hemi-
sphere Travel Initiative
(WHTI), which will require all
American citizens travelling to,
the Caribbean and returning to
the US to enter on a valid trav-
el document as of January 1,
2006, the all-inclusive resort line
SuperClubs has created a "pass-
port included" package to
defray the additional cost.
"This means that the cost of
applying for and renewing pass-
ports will be credited towards
all SuperClubs all-inclusive
vacations in 2006, as long as
they are booked by November
30,2005," a SuperClubs official
statement reads.
This special promotion ini-
tiative is valid for SuperClubs'
Grand Lido resorts in Jamaica
and the Hedonism and Breezes
resorts throughout the
Caribbean, including Breezes
in Nassau.
Earlier this week a study pre-
pared for the Caribbean Hotel
Association (CHA) by the
World Travel and Tourism
Council (WTTC) predicted that
the 2006 implementation of the
passport requirements could
cost the Bahamas 13,134
tourism jobs and $446 million
in earnings.
The study found that in all,
the policy could risk some
188,000 tourism jobs and $2.6
billion in visitor export earn-
ings.
However, Minister of State


for Finance James Smith told
The Tribune that he believes
these numbers are somewhat
exaggerated.
Passports
"For us in the Bahamas, I
don't think it will make that big
a dent in our revenues, a large
number of our visitors come
from New York and the sur-
rounding area; those people are
used to travelling and already
possess passports," he said.
He said that the new policy
was therefore not factored in to
the 2005/2006 Budget, which
predicts economic growth and
increases in revenue intake.
Meanwhile the Ministry of
Tourism is still working with US
authorities to have the imple-
mentation deadline for tourists
visiting the Bahamas to be
made on par with the January 1,
2008 deadline for Canada and
New Mexico.
Permanent Secretary in the
Ministry of Tourism Colin Hig-
gs said yesterday that the rami-
fications of the US' new pass-
port policy were again
addressed during Caribbean
Week in New York last month.
"The Caribbean Tourism
Organisation will present a unit-
ed front, there will be a united
thrust to agitate for a later dead-
line to place the Caribbean on a
level playing field with other
countries," he said.
Caribbean foreign ministers
attending the 35th General


Assembly Meeting of the
Organisation of American
States (OAS) on Monday also
urged US Secretary of State
Condoleezza Rice to help delay
the passport rule.
Minister of Informatiion,
Broadcasting and Communica-
tions for Antigua and Barbuda
Dr Edmond Mansoor said
CARICOM has requested that
the policy be delayed until a
common policy is worked out
with all of the US' neighbours.
In the Bahamas, Mr Higgs


said, his ministry is working
closely with the private sector
and the Bahamas Hotel Asso-
ciation.
Kerzner International said
.that they are also working close-
ly with the CHA and continue
to make representations to have
the 2006 deadline delayed.
However, in case the dead-
line cannot be extended to 2008,
Mr Higgs said he is encouraging
all hotels and resorts to be
proactive in order to mitigate
any possible negative effects.


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* FOREIGN AFFAIRS Minister Fred Mitchell (left) discusses the CSME with His Excellency Edwin W Carrington, Sec-
retary General of the Caribbean Community, CARICOM, during a civil society gathering following last week's Eighth
Meeting of COFCOR in Freeport, Grand Bahama.
(Photo: Vandyke Hepburn/BIS)


FOR SALE BY OWNER







ONE lot remains- Triplex lot(,000sqft


WEDNESDAY, JUNE 8, 2005, PAGE 5


THE TRIBUNE















The prospects for conch farming


IVE hundred years ago,
the original Lucayan
inhabitants of the Bahamas
lived in a completely different
world than the one we know
today.
Early explorers told stories
about flocks of parrots "dark-
ening the sky", of dense hard-
wood forests, and sea turtles
keeping sailors awake by con-
stantly knocking against ship
hulls.
Seals and iguanas crowded
the shorelines; lobster, conch
and fish were abundant. Evi-
dence for this are the large
mounds ofdiscarded conch and
other shells and fish bones that
are a feature of Lucayan
archaeological sites.
And since slow-moving
conch are found in shallow
water, they became a staple
food for the first European set-
tlers giving rise to their nick-


name, "conchs", which persists
to this day in the Florida Keys.
In the Bahamas the sobriquet
mutated into "conchy joe" -
meaning a white or mixed-race
Bahamian.
When South Florida was an
impenetrable wilderness,
Bahamian 'conchs' looked upon
the Florida Keys as northern ritories, export permits were
out islands. In fact, Key West required for all queen conch
is famously known as the conch trade in 1992. Exports from the
republic, and early American Dominican Republic, Haiti and
dictionaries refer to conchs as Honduras (which used to supply
"illiterate settlers of the Florida the bulk of US demand) have
Keys." now been suspended.
But today, the esteemed So most of the 1,000-plus
.queen conch the one we all metric tons of conch eaten by
love to eat is in serious trouble Americans every year is import-
throughout the region. Florida's ed from countries like the Turks
conch fishery collapsed decades & Caicos, Belize or the
ago, and conch harvesting was Bahamas. Although threatened
banned throughout the conti- by overfishing, these conch pop-
nental United States in 1986. ulations are in better shape
And with growing evidence because of the protection
that conch populations were afforded by marine reserves and
starting to collapse in other ter- restrictions on the use of SCU-
BA gear by fishermen.
According to the Harbour
Branch Oceanographic Institu-
tion in Fort Pierce, Florida,
these factors "allow the survival
of deepwater 'refuge' popula-
tions ensuring at least some
reproduction to replenish the
regional stocks."

In the Bahamas, the 176-
square-mile Exuma Cays'
Land and Sea Park was made a
aial Hilton no-take fishery zone in 1986 by
the Bahamas National Trust.
an for lunch Although some poaching does
restaurant occur, scientists agree that the
eSitaurant park is a major source for the
noon 3:00 pm replenishment of conch, lobster
a Friday and grouper stocks outside its
borders.
gone soft drink Research shows there is 14-
e charge 20 times more conch larvae in
enu available the park than outside, proving
the value of protected areas for
S C marine conservation. And this is
ru!le in the face of evidence that shal-
casual lunch at the most low water conch populations
.ith beautiful harbor views, throughout the Bahamas are
heavily overfished, and deep
n please call 322-3301 ext. 4045 avily overfished, and deep
water populations are reaching
@) the point of overfishing.
British Colonial Hilton In the 1980s, Florida began
sau +-1 242 322-looking for ways to rehabilitate
,ssau* +1 242 322-3301 ,its conch population. And. the.
SHiIn. 200, f-ilo Homsptaiy',c.. US Fish and Wildlife Conser-


vation Commission began oper-
ating a hatchery in 1991 at the
Keys Marine Laboratory on
Long Key to help conch stocks
recover.
The hatchery was run by Bob
Glazer of the Florida Marine
Research Institute one of the
top experts in the field. After
years of research, Glazer
launched a conch restoration
programme for the Keys that
both releases hatchery-pro-
duced conch, and transplants
adult conch from coastal waters
to offshore breeding aggrega-
tions.
As a result, "conch popula-
tions in the offshore areas along
the reef are recovering vigor-
ously," Glazer told Tough Call
recently. "The nearshore popu-
lation is not recovering, and
these conch do not reproduce.
However, they used to repro-
duce. We are investigating the
reasons why they have stopped.
It can be anything from chemi-
cals in the environment to
changes in water flow and water
temperature."

Conch reproduction also
stops when popula-
tions fall below a critical densi-
ty. That's because like
groupers conch must gather
in large spawning aggregations
to breed. A few days after the
eggs are laid, they hatch into
larvae, which can float more
than 100 miles from their point
of origin. And about a month
later the larvae settle on the
seafloor and metamorphose
into juveniles miniature ver-
sions of the adult conchs we are
all familiar with.
Juvenile conch bury them-
selves in the sand to hide from
predators, spending more time
on the surface as they grow.
Conchfeed near the bottom of
the food chain, eating algae and
detritus in the sand. They take
four years to mature and can
live as long as 20 years. But they
are ill-prepared to deal with
human fishing pressure.
In fact, scientists say that,
throughout the region, only the
offshore Pedro Bank in Jamaica
and the Exuma Cays Land and
Sea Park have average densi-
ties greater than the threshold
for reproduction (50 conch per
hectare), although there may
be smaller patches of higher
density in other areas.


So could mariculture prevent
the seemingly inexorable loss
of this valuable resource?
Well, it's hard to say. There
is only one commercial conch
farm in the world on Provo
in the Turks & Caicos Islands. It
was developed over the past
two decades by 63-year-old
Chuck Hesse, an American per-,
manent resident who, by most
accounts, is a celebrity in the
field.
Hesse has degrees in biology
and marine engineering, and
was a SCUBA instructor for the
US Navy in his youth. Now, as
chairman and CEO of Trade
Wind Industries, he operates
the Caicos Conch Farm. Over
the years, the farm developed
patented technology to raise
millions of conch to market size
on its 10-acre plant, using 260
acres of underwater "pasture".
This technology is expensive,
but Hesse is convinced there's
plenty gold in them thar conch:
"This is the ideal mariculture
animal for this region. Conchs
have no known diseases or par-
asites, are in short supply, are
grass eaters, and are in great
demand. What other species has
as much going for it? And it is
higher in protein than most oth-.
er seafood, and second only to
salmon in Omega-3 fatty acids!"


E very week Hesse's
conch farm ships thou-
sands of juvenile filets to Miami
dubbed "ocean escargot". He
also ships live-in-the shell prod-
uct for specialty restaurants and
the aquarium trade. Within a
year or two, he expects to be
exporting a million pieces -
about 200,000 pounds of
conch a year. Currently, all of
the farm's output goes to a sin-
gle Miami distributor, which
gets $20 a pound from 'white
tablecloth' restaurants for the
three-year-old live product.
Hesse says the farm doesn't
compete with local fishermen:
"This is strictly an export busi-
ness. We only sell locally as a
way to offer visitors an oppor-
tunity to taste our products."
And a hundred thousand vis-
itors a year have made the farmni
a popular eco-tourism attrac-
tion. According to the Turks &
Caicos Tourist Board: "Here
you can watch how the process
is done, enjoy a show with the
two trained and very friendly
conchs, see conch pearls and
even purchase fresh conch for a
fabulous conch salad."
Hesse remains eternally opti-
mistic about the prospects for
conch mariculture. He thinks
the survival of wild conch
depends on the establishment
of conch farms around the


region to reduce fishing pres-
sure.
Although breeding com-
plexities combined with the
three-year grow-out period to
produce a reasonable-sized ani-
mal are big drawbacks, Hesse
is seeking to convert his conch
farm experience-into an inter-
national franchise.
"We are it when it comes to
conch farming," he told Tough
Call recently. "We have invest-
ed $12 million to make all the
mistakes over 20 years. We can
now deliver, and we want to do
so in locations that will welcome
us. Freeport and Nassau are
wonderful locations, and both
have the cultural quirk of lik-
ing their conch fresh from the
shell."


T wo years ago, Hesse
was involved in a failed
bid to set up a conch farm on
Grand Bahama with funding
from the International Finance
Corporation an arm of the
World Bank. The IFC provides
loan and equity financing for
private sector projects in devel-
oping countries, but eventually
considered the Bahamas too
rich to qualify for funding.
In addition to marketing
conch meat to restaurants and
live juveniles to the aquarium
trade, the Grand Bahama farm
would have been able to sup-
ply dried conch offal to Asian
markets, culture valuable conch
pearls, and sell conch shell and
pearl jewellery to visitors. A
related proposal to set up an
egg farm on Eleuthera to help
rebuild wild conch stocks also
came to naught.
But Hesse says the project
could be revived in a heartbeat
if there was interest from
Bahamian investors: "I want to
be a significant player in the
restoration of the conch species
throughout its Caribbean and
Bahamian range. The farm
process is a most important
step."
Meanwhile, he is working
with TCI investors to set up a
conch farm/eco-tourist attrac-
tion on Grand Turk called
'"Cockburn Village & Farm. It
will be the first conch farm built
specifically for commercial
operation unlike the Caicos
plant, which beganwas a research
and development facility.
"We would love to do what
we are now proposing for
Grand Turk on Grand
Bahama," Hesse told Tough
Call. "Alas, we are but simple
conch farmers, and doing such a
deal requires a bit more skill
then we possess."

larry@tribunemedia.net


Prisfo TJTOUGH@I CAIL~L


READERS have been
complimenting columnists on
their informative and some-
times provocative work.
Here are some comments
on the Tough Call column by
Larry Smith every Wednes-
day in The Tribune.

The Bahamian people owe
you a debt of gratitude they
may not be aware of for bring-
ing this isssue (CSME) to their
attention and keeping it in
focus.
Sir William AHlen

As usual, great article on
Atlantis in today's Tribune
(May 18). I especially liked
the other one you wrote
recently on "Eve" which
depicted how we all came
from one source in Africa (as
proven by DNA technology).
I would really appreciate if
you can send me an electronic
copy of that article. Again,
keep up the good work. I love
your articles.
John Bain

Consider the following... if
Atlantis was this side of the
Atlantic then surely Colum-
bus would have known as this
would have been handed
down by fisherman to son to
son to son.
Although very clearly there
was the presence of the N
American Indian in the
Bahamas, the islands
remained void-empty no
people for 300-plus years so...if
Atlantis was here there would
have been far more ruins and
probably even decendants.
The cart track impressions
that are alleged in Bimini are
similar to those in Malta but
those in Bimini could have
been created by eroision and
movement of the rock whilst


those in Malta interestingly are
on an elevated hill area close
by a high rock drop off cliff.
Atlantis was certainly with-
in what we know as the Med-
iterrean... might be closer to
Greece or Malta but anything
further west of Gibralter is
inconceivable even if Sol
would love it! Had nothing to
do whilst thinking of the 100
reasons why we should join
CSME!
Gerard J Wirth

I managed to get a copy of
The Tribune here in Hope
Town so that I could read your
article on the DNA project. It
is excellent. Well done.
Would it be all right for me to
make a copies for the Wyan-
nie Malone Museum? We are
trying to encourage participa-
tion. As you know, we have
sponsored two Malone tests
but that is probably all we can
afford at this time. The sec-
ond one was sent off yester-
day.
Tony Bennett
Curator, Wyannie Malone
Museum

What a lovely piece to read!
I feel like I have been missing
out by not having read each
and every of your articles. I
shall have to come to the
office even earlier to ensure
that I am not disturbed when
reading my Tribune.
Kelley Bostwick

I read your article (online)
regarding the Guana Cay
Development and found it to
be well-balanced not slam-
ming one side or the other -
but pointing out the problems
with the system that stands in
the way of logical, environ-
mentally sensitive and sus-
tainable development.


As an environmental scien-
tist with almost 30 years expe-
rience in managing develop-
ment (before moving to Aba-
co last year), I completely
agree with the need for devel-
opment plans to set standards
that allow development and
investment in balance with
environmental and heritage
protection.
Development plans would
need to be developed on a
local basis under a standard-
ised format but the plans
must be local because, for
instance, what is good for Nas-
sau is not necessarily good for
Cat Island.
Also, although development
plans would be a big step for-
ward, they will be useless with-
out the other components of
the formula monitoring and
enforcement.
This is one of the greatest
concerns regarding the Gua-
na Cay development. Even if
an acceptable plan for this
development is eventually
approved by local residents,
there is no guarantee the
development will be built in
an acceptable manner, nor
monitored after construction
to ensure ongoing compliance.
There are resources in this
country that can help develop
national and local policies and
help write regulations for
monitoring and enforcement.
However, it will a take a mon-
umental growth of backbone
on the part of the government
to establish these controls.
The question is, will the
Bahamas have the foresight
and commitment to under
take such an effort before
their heritage is lost forever?
Thanks again for a good arti-
cle.
Wayne Pearce
Abaco Freedom


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PAGE 6, WEDNESDAY, JUNE 8, 2005


THE TRIBUNE








THE T R I B U N E W E D~OCALNE SAEUE8,05PG


Human smu


ers


using faster, more




sophisticated boats


* By KRISTINA McNEIL
THE number of illegal Cuban, Haitian
and Chinese immigrants arriving in Flori-
da is increasing as speedier and more
sophisticated vessels are being used by
human smugglers, according to the Asso-
ciated Press.
"As the Coast Guard steps up their
efforts and interdicts vessels trying to reach
US shores, it's not surprising we would
see an increase in the human smuggler.
People are very vulnerable to exploita-
tion," said Cheryl Little, executive director
of the Florida Immigrant Advocacy Cen-
ter.
Last October, 15 Cuban refugees, includ-
ing four children, were captured near the


Bahamas after travelling from Cuba in a
"chug-chug" boat in October 2004.
The homemade vessel covered the first
part of the trip at a speed of up to 35 knots.
The refugees were met on a Bahamian
island where they were transferred onto a
29-foot boat with twin outboard engines,
operated by smugglers.
Migrants
Although there are no actual numbers,
many migrants perish at sea aboard smug-
glers' boats that are usually not outfitted
for safety, say US Coast Guard officials.
While migrants sometimes pay smug-
glers between $8,000 and $10,000 per head,
they are not paying for safety and security.


The smugglers' boat captured last Octo-
ber had cracks in the hull, among other
damages, putting passengers in danger on
the seas.
Of the 10 life jackets onboard, all were
"in an unusable condition, tied together
in knots and damaged," according to a US
Immigration and Customs Enforcement
(ICE) affidavit.
The food and drink that was onboard
was stuffed in a compartment and "covered
in oil and water," ICE documents report-
ed.
According to the US Coast Guard, six to
eight groups of smugglers are arrested each
month.
They face up to three years in prison if
caught with over 10 migrants.


Seminar aims to equip men to



become 'hall of fame' fathers


* By TIFFANY GRANT
Tribune Staff Reporter
A LOCAL seminar to be held this
month aims to equip men to become "hall
of fame" fathers.
The event, which is being hosted by
Evangelistic Temple, will teach men how to
be better role models for their children.
It is scheduled for June 17 and 18, and
will be held under the theme: "Re-father-
ing Our Nation".
"The pregnancies which are taking place
now, between 80 per cent to 95 per cent are
happening out of wed-lock and kids are
growing up without a father," said Wayne
Turnquest, Evangelistic Temple Men's


Ministry leader.
"God's intention is for kids to be raised
to have a father and mother," he. added.
Fathers, fathers-to-be and men who are
mentors to children will be placed in five
workshops.
Sessions
The sessions will include the "Coach's
Preparation" workshop, which will focus
on what men need to do in order to pre-
pare themselves to be fathers.
The "Coach's Plan of Action" workshop
is designed to help men design a strategy
and plan for fathering. It will al'o teach
them how to respond to situations and


focus on raising children.
The premise for the "Hall of Fame Dad"
session is to remind fathers to be there for
their children.
Men will be reminded to show affection
to their children through the "Power of a
Father's Love" session.
At the final session, "Managing to be
an Effective Father", men will apply what
they have learnt in the other workshops.
"We realised there is a need for fathers
within our nation. The absence of fathers
has had a great effect on our nation," said
Mr Turnquest.
"Kids are getting examples from the
streets. They will imitate the good and
bad," he added:


Man and 17-


year-old plead


'not guilty' to


housebreaking,


stealing charges


* By NATARIO
McKENZIE .
A MAN and 17-year-old
juvenile, both of Flamingo
Gardens, were arraigned in
the Magistrate's Court yes-
terday on charges of house-
breaking and stealing over
$9,000 worth of items.
The juvenile also faced a
separate charge of house-
breaking.
It is also alleged that 19-
year-old Teran Taylor and
the juvenile broke into the
home of Joseph Demerit on
Rocky Pine Road on Thurs-
day March 17.
There, according to court
dockets, the young men stole
a 12-gauge pump action shot-
gun, electronics and jewelry
valued at $2,649.
According to court dock-
ets, on Tuesday, March 1 the
juvenile broke into the home
of Margaret Smith at Flamin-
go Gardens.
Alleged
On that occasion it is
alleged that he stole cash, cell
phones, DVD players and
assorted jewelry valued at
$6,495.
Both young men entered
not guilty pleas before Mag-
istrate Susan Sylvester and
were granted $4,000 bail with
one surety.
The matter was adjourned
to October 24.


Another juvenile appeared
in court yesterday to face
drug charges.
On June 4, police found a
15-year-old boy in possession
of five small packets of mar-
ijuana. Appearing before
Magistrate Roger Gomez,
the young man was charged
with possession of danger-
ous drugs with the intent to
supply.
Relatives
He was not required to
enter a plea as no relatives
were present in court.
The weight of the drugs
has not yet been released by
forensic chemists.
The matter has been
adjourned to August 9, and
the juvenile was granted bail
in the amount of $1,500 with
one surety.
Two men and juvenile
appeared in court yesterday
to face stealing charges.
On May 4, according to
court dockets, 32-year-old
Craig Williams of Nassau
Village, 27-year-old Tevares
Williams Wilson and a 16-
year-old stole a green 1995
Nissan maxima belonging to
Cindy Williams on May 4.
The men were also
charged with receiving the
$6,000 vehicle as well as
resisting arrest.
They will remain on $3,000
police bail until the matter
resumes on September 21.


On


Track!


Kra -A W: -- g
I1


"This ruling was a good decision since the Guana
Cay project is expected to become the anchor prop-
erty for not only the Abacos but the entire northern
Bahamas."

The Hon. Allyson Maynard Gibson
Minister
Financial Services & Investments




"We're extremely excited about the outcome of the
ruling and look forward to getting to work build-
ing an environmentally sensitive development and
providing jobs and business opportunities for
Bahamians."


Steve Adelson
Partner
Discovery Land Company


"It is noted that none of the landowners at Guana
Cay, the core supporters of the applicant, have
exposed themselves to costs, or have taken any
shares in the company making application......Even
had the property owners of Guana Cay been prop-
erly before the Court, it would be impossible, based
on the material before the court, to show that their
property was going to be directly affected by the
development."

Justice Stephen Isaacs


"This court accepts the position of Wendell Major
(as Secretary to the National Economic Council)
that the N.E.C. is not an ad hoc committee, but is
in fact the entire Cabinet, and is therefore effec-
tively the Government."


Justice Stephen Isaacs


This dismissal marks a
victory for the Bahamian
government, the Dis-
covery Land Company,
developers of a multi-
million dollar project
planned for Guana Cay,
and the Bahamian
people. The dismissal
of the substantive claim
challenging the Heads
of Agreement was criti-
cal to bolster confi-
dence of foreign inves-
tors making invest-
ments in the Bahamas.


'


OWN I


WEDNESDAY, JUNE 8, 2005, PAGE 7


THE TRIBUNE


7W


'I









PAGE 8, WENESDAY, JUEO8,L2005SHETIU


Europe at a crossroads


- looking at


the reasons behind the 'no' vote


0 By PETER YOUNG


F you believe the world's
media, which thrives on
controversy and predictions of
doom, Europe is in disarray.
Following the resounding
rejection of its proposed con-


stitution by French and Dutch
voters, the word is out that the
European Union of 25 coun-
tries and 460 million people can
no longer function and has been
plunged into an unprecedented
crisis.
Of course, the 'non' result in
the referendum in France fol-
lowed by an even stronger neg-


ative vote in the Netherlands
shortly after is a serious set-
back for the new constitution
which brings together the
treaties and agreements on
which the EU is based and
defines its powers.
But some 10 other countries
have ratified it, and the current
stumbling-block of French and
Dutch rejection does not mean
that the EU cannot carry on
with its day-to-day business.
This is because it continues
to have a set of rules, in the
shape of the Treaty of Nice
which came into force in early
2003, for dealing with its mem-
ber states (though it is general-
ly conceded that an EU of 25
states cannot function effec-
tively in the long term without
revision of its treaties).
So, as British prime minister
Tony Blair has stated, a period
of reflection about the future
of Europe is now needed.
The first task of European
political leaders will be to iden-
tify, evaluate and take heed of
the reasons the French and
Dutch man and woman in-the-
street voted the way they did.
They will then have to
reassess the shape of a future
EU which is likely to be broad-
ly acceptable to its people and
work to put a new model in
place in other words, a funda-
mental re-think of where the
European project is headed.

CONSTITUTION

What did the constitu-
tion contain which
so many found objectionable?
The starting point is that the
constitution has preserved some
of the rights of Europe's nation
states but it confirms that the
states have given up certain of
their other rights.
Essentially, it is a compro-
mise to try to satisfy both the
integrationists and those wish-
ing to preserve the remaining
sovereign rights of individual
member states.
But it does extend centraliza-


tion. For example, the EU
already has rights to legislate
over foreign trade and customs
policy, the internal market, the
monetary policy of countries in
the eurozone, agriculture and
fisheries as well as areas of
domestic law, including the
environment and health and
safety at work. The constitution
will extend these rights into new
areas like justice policy, includ-
ing asylum and immigration.
In effect, the EU will for the
first time have a 'legal person-
ality' and its laws will have pri-
macy over the law of member
states. It will also have a presi-
dent and a foreign minister
(with an EU diplomatic service)
as well as its existing parliament,
supreme court, civil service, flag
and anthem.
And with more qualified
majority voting provided for
within the basic framework of
Council, Commission and Euro-
pean parliament, the interests
of member states will be less
protected, though each state will
retain a right of veto in connec-
tion with foreign and defence
policy.

FRENCH AND DUTCH
OBJECTIONS

Those who are funda-
mentally opposed to
further political, economic and
social integration maintain that
the constitution places too great
an emphasis on collective action
so that the centre will dominate
and override the interests of
member states. Thus, in the
judgment of many, this repre-
sents despite the checks and
balances and safeguards a sig-
nificant step towards the
inevitability of a federal state.
But, even if that extreme out-
come were not the case, the
pace of European enlargement
and integration has, in their
view, been too fast and they are
wary of a loss of further sover-
eignty and national identity.
The perception has ;gro,wn
that a Europe of 25 is anyway
too large and that some of the
smaller ones ,like the Nether-
lands will not only lose their
identity but will increasingly be
ordered around by unelected
officials in Brussels who seek
to undermine their democracy.
The French, too, were
thought to resent this perceived
assault on their sovereignty,
while people in both countries
felt that their way of life would
be damaged by the constitution.
Another objection notably
by those in France on the left
(of the political spectrum) -.is
the further entrenchment of
free-market principles to the
detriment of the social balance
of European economies.
Some see this as an Anglo-
Saxon takeover of the EU with
more free market reform and
deregulation together with com-
petition (including higher unem-


The perception has grown that,
a Europe of 25 is anyway too
large and that some of the small-
er ones will not only lose their
identity but will increasingly be
ordered around by unelected
officials in Brussels.


ployment from an influx of for-
eign labour) and capitalism
which would impair a state's
social values and its responsi-
bility for the practical welfare
of its citizens.
To an extent, such fears may
have been exaggerated, since the
EU already has a single internal
market; and the provision in the
constitution that there should be
'an internal market where com-
petition isfree and undistorted'
is merely repeating what was
stated in the original treaty of
Rome in 1957 which established
the then European Economic
Community.
Furthermore, the constitution
also says that the EU 'shall
work for the sustainable devel-
opment of Europe based on
balanced economic growth and
price stability and a highly com-
petitive social market economy,
aiming at full employment and
social progress'.
Nonetheless, the evidence is
that serious concerns about
these economic issues resonated
amongst French voters in par-
ticular.
WHERE DOES EUROPE
GO NOW?

.A fter the end of the
Second World War
the idea of the 'founding
fathers' was to build a supra-
ontional structure in Europe
which would make further
armed conflict impossible. They
were determined that political
unii should prevent war as an
alternative to co-operation and
negotiation. They wanted to
construct a United States of
Europe with a single govern-
ment and parliament.
Although the Franco-Ger-.
man alliance over the last half
century has had a significant
impact, Europe also owes its
long period of peace and free-
dom since 1945 to the fact that
Germany was defeated and
divided and that NATO, with
American and British troops
stationed on German soil, suc-
cessfully confronted the threat
from the Soviet Union.
Former French president,
Charles de Gaulle, saw a strong
and united Europe as a balance
to American world domination;
and, more recently, pro-Euro-
pean activists have seen such
unity as a counterweight to the
rising power of China and India.
Though joining the then


European Economic Commu-
nity in 1973, the British have
traditionally been ambivalent
about full political integration
- Mr Blair is on record as saying
that he would 'have no truck
with a European superstate'
and would 'fight for British
interests and to keep our inde-
pendence every inch of the
way'.
One likely effect of the refer-
endum in France and in Hol-
land will be to strengthen the
hand of the so-called euroscep-
tics in the opposition Conserv-
ative Party in Britain who will
seek to frustrate any moves
towards a federal Europe.
A union of nation states de
Gaulle's notion of a 'Europe
des patries' rather than a Unit-
ed States of Europe may be
more acceptable to those who
see the benefits of a degree of
political unity without the trap-
pings of a separate federal state
structure which dictates from
Brussels and intrudes into the
everyday life of its individual
member countries.
The burning issue now is the
pace and extent of further inte-
gration in a new, more limited
Europe. But what about further
enlargement and, in particular,
the admission of Turkey to
membership?
The lesson for political leaders
and officials, who appear arro-
gant and detached, is surely that
they need to be more in tune
with what ordinary people think.
Is the constitution, to all
intents and purposes, dead as it
stand 1i? Should the EU require
other member states to. test their
own public opinion through a
referendum or is it unrealistic
to ask voters to take a view on
something which no longer
exists? France and Germany are
urging other .members to con-
tinue the ratification process,
but the UK has already shelved
its own plans for a referendum.
Maybe the dream of uniting
so many disparate countries df
varying size and population, his-\
tory, culture, customs and val- \(
ues together with different
economies and legal frameworks
- is unrealizable. And maybe the
extent of European unity iin eco-
nomic and other fields which has
already been achieved is, in pr ac-
tice, sufficient.
Whatever the answers, thes4
are portentous times in Europe.A

Peter Young is a former
diplomat living in assau '


THE TRIBUNE


PAGE 8, WEDNESDAY, JUNE 8, 2005


-- Fr-ida yJune-24th,-20-5





WEDNESDAY, JUNE 8, 2005, PAGE 9


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PAGE 10, WEDNESDAY, JUNE 8, 2005


THE TRIBUNE


Police and lawyers step in to dispute



between government and resort


FROM page one
A lawyer from Graham
Thompson and Company law
firm in Nassau, which repre-
sents Pink Sands, went to Har-
bour Island early yesterday
morning to serve court writs on
chief councillor, Mrs Eloise


Knowles, deputy councillor
Daschiel Roberts, island admin-
istrator, Alexander Flowers,
and the project's contractor.
The court ordered them to stop
construction immediately.
It is reported that when the
writ was served at the job site,
the workers dropped tools and


left. However, Mrs Higgs and
Mr Roberts refused to accept
the writ, explaining that as the
council had been disbanded,
pending elections, they were no
longer councillors. The lawyer
was accompanied in Harbour
Island by Constable Austin
Miller.
Administrator Flowers was
not in his Harbour Island office
when the Nassau lawyer called.
Local Inspector Robert Higgs
then accompanied him to Mr
Flowers' office in Lower Bogue.
The lawyer presented the writ
to Mr Flowers, who sat at his
desk and read it.


However, when he did not see
his name on the writ, he
declined to accept it. It is report-
ed that the lawyer explained to
him that as he represented the
council Mr Flowers is not
only the island administrator,
but also secretary to the council
- it did not matter that his
name was not on the writ. He
was being served as a represen-
tative of the council. Mr Flowers
pushed the writ across his desk
towards the lawyer. The lawyer,
with the inspector, left the
administrator's office. The writ
remained on Mr Flowers' desk.
"It actually seemed like these


guys were speeding up their
work on that building," said a
source at Harbour Island.
"It's like they had the idea
that once the building would
be completed that it would
have to stay. But something like
this is of concern for all
Bahamians, when you have the
local government building on
people's property without their
consent."'
Clemens Vonmerveldt, oper-
ator of the Pink Sands resort,
said he was quite amazed at
what the local government was
trying to do.
"This building would obstruct


the view to two of our:prime
cottages. What we find kind of
amazing, even if they were
building this on Crown land, is
that they are doing it without
talking to anyone from Coral
Sands, which is also nearby, and
to us to see what our opinion is
as it would be right in front of
our property.
"But there was nod contact
whatsoever. Something like;this
doesn't make the local co6incil
look too smart, and a lot of peo-
ple over here are upset," he said.
A court hearing into the
property dispute is scheduled
for June 15 in Nassau.


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FROM page one
who then pulled out a hand-
gun and shot him several times
and fled. Grant died at the
scene.
Chief Supt Basil Rahming
said the suspect in the shooting
was wearing a blue tam and is
described as about six feet tall
with a light brown complexion
and a goatee.
Anyone with information is
asked to call the crime hotline
at 352-1919.
MAN CHARGED WITH
MURDER
A Haitian-Bahamian man
was charged with murder in
Eight Mile Rock's Magistrate
Court on Monday.
Anthony Jean Delva of
Pinedale, Eight Mile Rock,
appeared before Magistrate
Debbye Ferguson in connection


with the stabbing death of Wis-
co Jean Baptiste, 22, of Eight
Mile Rock.
It is alleged that Delva some-
time around 10.45pm at
Pinedale, Eight Mile Rock,
intentionally caused the death
of Baptiste.
The accused was not required
to enter a plea to murder and
was remanded in custody at Fox
Hill Prison until September 15
for preliminary inquiry.
The 22-year-old woman, who
was arrested Friday with Del-
va, was not charged following
further investigations by detec-
tives.
TRAFFIC FATALITY
AN elderly man died after
being severely crushed Monday
when a 15-ton dump truck
rolled over him as he walked
along Queens Highway in
Pinedale, Eight Mile Rock.
According to police reports,
James Johnson, 89, of Pinedale,
died of his injuries Tuesday
morning at Rand Memorial
Hospital.
Supt Rahming said the traffic
accident occurred at about
10.20am Monday while the dri-
ver, Michael Tony, 62, of Rus-
sell Town, was reversing dump
truck licence M338 into the
parking lot at Star Insurance.
The victim was taken to hos-
pital, but died of injuries around
11.25am Tuesday. His death is
the island's sixth traffic fatality
for the year.
Investigations continue.


11-year-old



testifies in



murder trial


FROM page one
"The Garden of Eden",
became the scene of a double
murder-on Friday, July 21
2000.
Paige's mother, who was 28,
and Mr Fernander, who was
52, were shot dead around
3am.
Neighbours, Dr Anthony
Davis, and his wife testified
on Monday that they were
wakened by the sounds of sev-
eral gunshots. They got up and
went to their bedroom's slid-
ing glass door. They heard
about three more gunshots in
"rapid succession."
The couple, who testified
separately, told the court that
they saw a red or maroon
coloured hatchback car revers-
ing from Mr Fernander's
home after hearing gunshots.
The car, they said, headed
east on West Bay Street. They
alerted police.
Letisha Colebrooke also
took the stand during day two
of the Supreme Court trial,
which is being heard by Chief
Justice Sir Burton Hall.
Ms Colebrooke told the
court that on Thursday, July
20, her friend Henry Smith
called her at work and asked
to borrow her car a "red
mixed maroon" Hyundai
Accent.
She loaned him the vehicle
and saw him twice that after-


noon. Around midnight, she
said Henry called her to tell
her he would bring the car,
but he did not show up.
On Friday morning around
6am, Ms Colebrooke said she
saw her car parked "unusual-
ly" in the driveway, with the
keys under the mat and the
doors open. She said she had
taken steps to have Smith put
on her insurance. It was not
the first time he had kept the
car overnight, but it was the
first time he did not put the
keys in her hand.
Mr Fernander's wife, Ade-
line, also took the stand yes-
terday.
She had been separated
from her husband for two
years at the time of his death,
she told the court. She and her
husband were partners in the
company BESS, Bahamas
Exterminating and Sanitation
Services.
Mrs Fernander told the
court that "it was understood"
that her estranged husband
had a relationship with one of
their employees, Maxine
Robinson.
Lawyers Albertha Bartlett
and Jacqueline Foster are
prosecuting the case. They
intend to prove to the two
man, 10 woman jury that no
one else had an axe to grind
with the victims.
Smith is represented by
lawyer Murrio Ducille.


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Man killed


in shooting


outside home


PUBLIC ANNOUNCEMENT


EQUIPMENT UPGRADE FIRE TRAIL ROAD

The Bahamas Telecommunication Company Ltd. wishes to
inform the public that in an effort to improve service, an
equipment upgrade in the Fire Trail Road area will take place
during the period Wednesday, May 25, to Friday, June 10,
2005 between the hours of 9:00am and 4:30pm.

As a result, subscribers in the following areas will experience
some service disruption:

Fire Trail Road South of Frelia Subdivision and all
side corners up to Linkford Close
Fire Trail Road West of Linkford Close and all
side corners up to Hamster Road
Shell Fish Road West up to Stanford Street
Hamster Road West

BTC apologizes for any inconvenience caused and assures
that public that every effort will be made to keep disruption
to a minimum.


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call:
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THE TIBUN WEDNSDAY JUN 8,205, PGE 1


Criticism of




parliament for



not engaging





in consultation


* By KILAH ROLLE
- Tribune Staff Reporter
PARLIAMENTARIANS
ari' being criticised by one MP
f& not following the consulta-
tive process introduced by
Prime Minister Perry Christie
when he came into office.
Carmichael representative
John Carey said there has not
been enough consultation with
the Bahamian people, especial-
ly on the issue of the Caribbean
Singe Market and Economy
(CSME). k
"Consultation does not mean
a select group... the CSME is
not a political issue, but a
Bahamian issue," he told par-
liament during the budget
debate on Wednesday last
week.
Ultimately, Mr Carey said, he
feels that regional integration
will be an "effective instrument
of growth and development,"
for the Bahamas, but only after


a policy framework of structur-
al economic reform has been
developed.
In order to do this, he said,
the education of the Bahamian
population is vital.
"I call upon all of us to tread
carefully and make decisions
that reflect what is best for our
people in years to come," he
warned.

Concern

Mr Carey highlighted several
main points of concern about
the CSME, but said the most
common concern is whether the
proposed trade agreement will
be beneficial to Bahamians.
"The CSME is indeed an
intriguing phenomenon on
which many Bahamas are trying
to get a clearer understanding,"
he said. "Certainly the consul-
tative process with all parlia-
mentarians is important and the


ratification by parliament will
be necessary to enforce the
agreement."
Mr Carey mentioned that
CSME will necessitate many
changes and incur some short-
term costs:
"Trade would be inevitable,
customs barriers would have to
be removed, lost tariffs and cus-
toms revenue would diminish
and we are all aware that any
process of economic transfor-
mation or reform has costs and
should be expected once the
countries enter in such arrange-
ments."
"After careful consideration
with the constituents of
Carmichael, it appears that the
majority of the constituents
think more time is needed to
properly make a determination
on the position to join or not
the join the CSME," Mr Carey
said. "We in the Bahamas still
have much work to do on this
subject."


Call for discussion



on AIDS solutions


* By KRYSTEL ROLLE
THE Bahamas' Minister of,
Health chaired a discussion on
HIV and human rughts at a
United Nations headquarters in
New York last Friday.
Dr Perry Gomez, director of
the national HIV/AIDS pro-
gramme, also represented the
Bahamas at the event.
,The meeting focused on the
ongoing efforts to develop new
technologies such as vaccines
and "microbicides" to prevent
the spread of HIV.
Microbicides are gels or
creams that women could use
which could kill the virus during
-sexual intercourse.
Mr Bethel led a round-table
discussion on "HIV/AIDS and
Human Rights," with an
emphasis on gender.
Human rights and gender
equality issues that continue to
fuel the spread of HIV/AIDS
were discussed.
The meeting reviewed the
progress that has been made
towards the goals set in the
"Declaration of Commitment
on HIV/AIDS" adopted by a
UN General Assembly special
session on June 27, 2001.
The-. Bahamas received
encouragingvwords from Peter
Piot, head of the global UN
campaign to combat the virus:
"Money to combat the pan-
demic has quadrupled in four
years and new infections are
declining in half a dozen East
African countries, the Bahamas
and Cambodia," he said.
Dr Bethel said: "This recog-
nition of the efforts AIDS Pro-
gram of the Ministry of Health
is a proud moment for the
Bahamas."
The prevalence rate of AIDS
in the Bahamas has dropped
from six per cent to three per
cent. Although the Bahamas
has progressed in the fight to
contain the disease, in many
parts of the world it continues
to spread.
According to UN Secretary-
general Kofi Annan: "In 2004,
4.9 million people got the HIV
virus and 3.1 million died of


* MINISTER of Health Marcus Bethel


AIDS, more than any previous
year.",
"Worldwide, the epidemic
continues to expand and out-
pace countries' responses," said
Mr Bethel. The Bahamas has
also seen a decrease in the num-
ber of deaths from AIDS 309
in 1997 to 113 in 2004.

Reduction

The Bahamas has dropped
from second'to third in the
region most severely afflicted
with the virus.
Haiti and Trinidad are among


the top two.
"Vaccines offer the best long-
term solution to the epidemic,
and microbicides, which could
be ready in five to seven years,
offer hope to the growing num-
ber of women who are vulnera-
ble to HIV," said Dr Zeda
Rosenberg, CEO of Interna-
tional Partners of Microbicides.
"HIV infection rates among
women have risen dramatically
in recent years. Developing
technologies, including an effec-
tive microbicide whose use
could be initiated by women, is
a crucial step in combating the
AIDS epidemic," she said.


Bahamians have fun



with rake and scrape


* By Gladstone Thurston
Bahamas Information
Services
ARTHUR'S Town, Cat
Island In honour of leg-
endary rake and scrape artist,
the late Tony "The Obeah
Man" McKay, Bahamians
thronged this town for the sev-
enth annual Cat Island Rake
and Scrape Festival.
It brought together some of
the country's finest artists,
musicians, performers, and
culinary connoisseurs in a
dynamic expression of things
Bahamian.
From the religious to the
secular, from the humorous to
the serious, from toddlers to
seniors, all found room for
expression and appreciation
here at one the nation's fore-
most cultural events.
"Culture is very important


but, more important is her-
itage," said Cat Islander Win-
ston Saunders, chairman of the
National Cultural Develop-
ment Commission. "If you
preserve your heritage, you're
in good standing because cul-
ture changes almost daily.
"When you have the her-
itage, you have the grounding
which allows all the various
cultures to flow over you but
you're still grounded in your
rake and scrape. You will nev-
er forget it even though you
have a microwave."
Among the features at the
festival this year was bush doc-
tor Emily Rolle of Arthur's
Town, now living in the Lot.
Her specialty is the 21-gun
salute.
Martha Smith and Christine
Lightbourne featured native
teas fever grass, five finger,
dill seed, strong back,


gamalamee, pear leaf and oth-
ers all of which are touted as
beneficial in some way.
Princess Styles from Old
Bight showed off her straw
hats, mats, bags, with decora-
tive styles like hole in the wall,
the lace and the sour sop.
Mike Halkitis chairman of
Bahamas Agricultural and
Industrial Corporation
(BAIC) was pleased with the
handicraft.
"We are happy to continue
playing our part in promoting
the local handicraft industry,"
he said. "There is renewed
interest among Bahamians in
the straw work.
"Bahamians come from oth-
er islands to events such as this
to patronise the local artisans.
Tourists come here to enjoy
things uniquely Bahamian and
we need to have as many of
these things available to them."


* THE children at the Cat Island Rake an' Scrape Festival do their bit to ensure that this art
form remains


THE TRIBUNE


WEDNESDAY, JUNE 8, 2005, PAGE 11





PAGE 2, WDNESDY, JNE 8,2005THE TIBUN


A


very Bahamian festival


(BIS photos: Gladstone Thurston)


Come (on inad oweof (outrevakha& pLame msmorxcomibas
And mesnomalt l!
SEm I kurBmatet Cukscans k ia 1 asoI recave a free
itAlea, s eym m feied yw thran wheyo teed oriw bxdIy
s ot1 4UP1may'sforaedly Bakas,
mand FREE dame,.


THE TRIBUNE


PAGE 12, WEDNESDAY, JUNE 8, 2005









WEDNESDAY, JUNE 8, 2005


SECTION


business@100jamz.com


Miami Herald Business, Stocks, Analysis, Wall Street


Leadenhall hiresBr



BDO Mann Judd in



dispute on deposits


*.By NEIL HARTNELL
Tribune Business Editor
Leadenhall Bank and Trust has
hired BDO Mann Judd to perform a
forensic accounting of the security
deposits paid by hundreds of its for-
mer MasterCard credit card cus-
tomers, in the latest move to end a
legal battle that has tied up $33 mil-
lion in customer funds.
The Tribune can reveal that BDO
Mann Judd will be analysing "a sam-
ple" of Leadenhall's former credit
card customers, seeking informa-
tion from these clients on the
amount they are due to be refunded
from the security deposits.
The clients will be asked to con-
firm whether Leadenhall Bank and
Trust's records match theirs, and if
not to provide documentary evidence
to, back up their claims that the
amount they are owed is different.
BDO Mann Judd's hiring is the
latest episode in an 18-month legal
saga that has seen million of dollars
in cardholders' funds frozen while a
dispute between Leadenhall Bank &
Trust and First Financial Caribbean
Trust Company, the Turks and
Caicos-based plaintiff, plays out in
court.
Hundreds of former MasterCard
clients have become exasperated
with the length of time the dispute
has dragged on for, with Judge
Faisool Mohammed yet to deliver a
verdict on the substantive issues of


the case.
One former cardholder, Gordon
Bradshaw, who has been seeking the
refund of his $6,000 deposit, wrote in
a letter to The Tribune earlier this
year: "I find it particularly frustrating
'that this matter is dragging on so
long an in such apparent secrecy that
obtaining any useful information on
the possible resolution of this matter
is virtually impossible.
"So, why am I caught up in this
Bahamian legal limbo? The records
clearly show that I am the depositor
of record and I am, obviously, not
interested in remaining a customer
of Axxess International."

Trustees

The case revolves around a Deed
of Retirement, Appointment and
Indemnity that Leadenhall alleged-
ly executed in 2002, appointing First
Financial as the new trustee for the
security deposits.
First Financial is alleging that
Leadenhall only transferred to it
$14.25 million of the $33 million in
total deposits held in trust, forcing it
to take out the injunction to pro-
tect and secure the remainder.
A number of former executives
and directors of Axxess Interna-
tional, the now-closed Bahamian
company that administered the Mas-
terCard portfolio on Leadenhall's
behalf, are involved with First


Financial and want to secure the
deposits so they can issue new cards
to customers that want them.
However, Leadenhall is counter-
ing by alleging that it transferred at
least $19.7 million in security
deposits to First Financial. It alleged
that it had provided documents
showing that the remaining balance
had been refunded against debts
owed to Leadenhall by cardholders,
and had been effecting refunds from
its own assets.
Leadenhall needs the deposits to
settle outstanding balances left by
cardholders after the bank lost its
MasterCard licence in summer 2003.
It has applied for a Court Order
that would see an independent
receiver appointed to refund the
security deposits, and had previous-
ly called upon external auditors to
confirm it had transferred $19.7 mil-
lion in security deposits to First
Financial, having refunded some $11
million.
A December 23,2004, court hear-
ing has made it more difficult for
cardholders to obtain information
about the case's progress, as Justice
Mohammed directed both parties
that they were not to publish any
information on the proceedings
without the Supreme Court's leave
and the agreement of the other side.
Leadenhall is being represented
by attorney Roy Sweeting of
Lennox Paton, while Raynard Rig-
by is acting for First Financial.:


SPAUL Major Unions play little part in Bahamasair privatisation plan


* By YOLANDA DELEVEAUX
Senior Business Reporter
BAHAMASAIR'S managing director,
Paul Major, yesterday described the invita-
tion to possible bidders to take over Bahama-
sair's ownership and operation as an exercise
that will lead to the short-listing of interest-
ed parties before due diligence takes place.
In an interview with The Tribune, Mr
Major said the invitation is really to gauge
interest, both locally and internationally,
in Bahamasair, and to provide potential
bidders with the opportunity to introduce
themselves to the Government, outlining


their financial background anrd managerial
and administrative experiences.
Mr Major said: "As soon as we see who is
interested, then we can determine if the
airline is ready to go to the next phase and.
if we have a saleable business plan, which is
predicated on union negotiations and clean-
ing up the balance sheet.
Mr Major said Bahamasair management
and officials with McKinsey and Co, the
management consultancy firm hired by the
Government for $1 million earlier this year
to prepare the airline for privatisation, were
still in discussions with union officials and
other stakeholders to help determine the


way forward.
Of the unions attached to Bahamasair,
Mr Major said only the Bahamas Airline
Pilot's Association had responded to the
privatisation committee's request for sug-
gestions on how to ready the airline for pri-
vate ownership, with officials still waiting to
hear from the other unions, including the
Airport, Airline and Allied Workers Union
'(AAAWU)
Having already submitted a preliminary
report to the Government, McKinsey
is expected to deliver it final analysis and
SEE page three


* By NEIL HARTNELL
Tribune Business Editor
AN economic think-tank
has claimed that it will cost
the Government and the tax-
payer between $8-$10 million
per annum to implement and
fund the agencies and bureaus
that a raft of legislation plans
to introduce.
Among the agencies that
will be created by Bills cur-


rently in the legislative
pipeline are a Standards
Bureau, Consumer Protection
Unit, Weights and Measures
inspectors, the Department of
Environmental Planning and
Protection, and the National
Emergency Management
Agency (NEMA).
The Nassau Institute said the
Bills to create these agencies
SEE page six


14 0 *


12 months to March 2005


Fidelity Bahamas


Growth & Income


Fund


BISX share index


ends May 22.86%


up on 2004 close


0 By NEIL HARTNELL
Tribune Business Editor
THE Bahamas International
Securities Exchange's (BISX)
All-Share Index ended May
2005 some 22.86 per cent or
214.52 points ahead of 2004's
close, standing at 1,153.05, and
providing further evidence that


the rebound in investor confi-
dence in equities is continuing.
Data released yesterday by
BISX said that its All-Share
Index closed some 4.59 per cent
or 50.6 points ahead of April's
close on May 31, indicating
that many listed stocks are still
SEE page five


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PAG 2B WDNEDAYCJNEL, 205THETRIUN


What the


Bahamas


can learn from Aruba


on


protecting tourists


L ast week, we
began a discus-
sion on training
and testing for an
Emergency, but I
want to return to the focus on
terrorism's impact on tourism
in light of recent events in Aru-
ba. I previously highlighted the
negative effects that terrorism
can have on this industry, and
the numerous bi-lateral agree-


ments adopted to assist in curb-
ing the threat. I called for the
creation of a tourist-specific
law enforcement agency that
would deal exclusively with
tourist interests, be they com-
plaints or just crime prevention
measures.
I think it is very important
to note the events that have
happened in Aruba over the
last seven days, where an island


The following doctors are kindly asked to
contact the OCCUPATIONAL HEALTH
AND SAFETY UNIT of the National Insurance
Board, at telephone number 502-1500, as soon
as possible:

Dr. Carla
Dr. Renn Holness
Dr. W.A. Brooks



Camperdown Riding Club








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Cost: $170.00/Week
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your spot. The camp only has 20 spots per week
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of just over 72,000 people was
shaken to the core by the dis-
appearance of a holidaying US
high school student.
Numerous newspapers
reported: "Holloway's disap-
pearance has shaken a sense of
safety many Arubans took for
granted in an island of 72,000
people that saw one murder
and six rapes last year. This
year, there have been two mur-
ders and three rapes, police
said."
There is nothing unusual in
this reporting style, as news
reports seek to bring issues into
perspective by comparing them
with current or known trends.
The point of interest here is
the low crime rate for this
island nation and how one sto-
ry has brought Aruba into the
limelight, ironically because
crime is almost non-existent.
This is especially consider-
ing that all the crimes recorded
for last year were crimes
against Arubans. Never before
have tourists been targeted.
I wonder what would hap-
pen if this event or similar
occurred in the Bahamas. Or
has it? If we go back to August


1998, the bodies of two young
women were discovered sepa-
rately on Paradise Island and
identified as those of British
tourist Joanne Clarke and US
teacher Lori Fogleman. These
two events brought some very
negative publicity to the
Bahamas and its ability to keep
its tourists safe and secure. US
and British law enforcement
agencies assisted us in the
investigation.
Again, this is not unusual, as
aid is readily made available
on sensitive matters upon the


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Financial Advisors Ltd. *IDE LIT
Pricing Information As Of:
7 June 2005
S2wk-Hi 52wk-Low Symbol Previous Close Today'sa Close Change Daly Vol. EPS $ Div $ P/E Yield
1.10 0.95 Abaco Markets 0.95 0.95 0.00 -0.208 0.000 N/M 0.00%
8.50 8.00 Bahamas Property Fund 8.50 8.50 0.00 1.445 0.320 5.9 3.76%
6.35 5.55 Bank of Bahamas 6.365 0.00 300 0.561 0.330 11.3 5.20%
0.85 0.77 Benchmark 0."5s 0.77 -0.08 6,210 0.187 0.000 4.1 0.00%
1.80 1.40 Bahamas Waste 1.50 1.50 0.00 0.122 0.000 12.3 0.00%
1.06 0.87 Fidelity Bank 1.06 1.06 0.00 0.007 0.040 14.3 3.77%
8.65 6.76 Cable Bahamas 8.65 8.55 -0.10 1,000 0.589 0.240 14.5 2.81%
2.20 1.54 Colina Holdings 2.20 2.20 0.00 0.259 0.060 8.5 2.73%
9.00 6.75 Commonwealth Bank 9.00 9.00 0.00 0.673 0.410 13.4 4.56%
2:30 0.46 Doctor's Hospital 2.24 2.30 0.06 1,750 0.452 0.000 5.1 0.00%
4.02 3.40 Famguard 4.02 4.02 0.00 0.406 0.240 9.9 5.97%
10.46 8.55 Finco 10.46 10.46 0.00 0.662 0.500 15.8 4.78%
8.51 6.69 FirstCaribbean 8.51 8.51 0.00 0.591 0.330 14.4 3.88%
8.60 8.31 Focol 8.41 8.41 0.00 0.708 0.500 11.9 5.95%
1.99 1.27 Freeport Concrete 1.27 1.27 0.00 0.082 0.000 15.5 0.00%
10.16 9.50 ICD Utilities 9.60 9.60 0.00 0.818 0.405 11.7 4.20%
8.25 8.10 J. S. Johnson 8.30 8.30 0.00 0.561 0.550 14.8 6.75%
6.69 4.36 Kerzner International BDRs 5.97 5.92 -0.05 0.184 0.000 32.4 0.00%
10.00 10.00 Premier Real Estate 10.00 10.00 0.00 2.010 0.565 5.0 5.65%
52wk-Hi 52wk-Low Symbol Bid $ Ask $ Last Price Weekly Vol. EPS $ Div $ PIE Yield
13.00 12.50 Bahamas Supermarkets 12.25 13.25 11.00 1.488 0.960 9.1 7.25%
10.14 10.00 Caribbean Crossings (Pref) 10.00 10.35 10.0.0 0.000 0.800 NM 7.80%
0.60 0.40 RND Holdings 0.29 0.54 0.00 -0.103 0.000 NM 0.00%
43.00 28.00 ABDAB 41.00 43.00 41.00 2.220 0.000 19.4 0.00%
16.00 13.00 Bahamas Supermarkets 13.00 14.00 13.00 1.105 0.810 14.6 6.93%
0.60 0.35 RND Holdings 0.29 0.54 0.35 -0.103 0.000 N/M 0.00%
52wk-HI 52wk-Low Fund Name NAV YTD% Last 12 Months Div $ Yield %
1.2164 1.1609 Colina Money Market Fund 1.216402"
2.2420 1.9423 Fidelity Bahamas G & I Fund 2.2420 ***
10.3539 10.0000 Fidelity Prime Income Fund 10.3539****
2.2214 2.0941 Colina MSI Preferred Fund 2.221401**
1.0931 1.0320 Colina Bond Fund 1.093141***
BISX ALL SHARE INDEX 19 Dec 02 = 1,000.00 YIELD last 12 month dividends divided by closing price
52wk-HI Highest closing price in last 52 weeks Bid $ Buying price of Colina and Fidelit
52wk-Low Lowest closing price In last 52 weeks Ask $ Selling price of Collna and fldelit>
Previous Close Previous day's weighted price for daily volume Last Price Last traded over-the-counter price
Today's Close Current day's weighted price for daily volume Weekly Vol. Trading volume of the prior week
Change Change In closing price from day to day EPS $ A company's reported earnings per share for the last 12 mths
Dally Vol. Number of total shares traded today NAV Net Asset Value
DIV $ Dividends per share paid In the last 12 months N/M Not Meaningful
P/E Closing price divided by the last 12 month earnings FINDEX The Fidelity Bahamas Stock Index. January 1, 1994 = 100
** AS AT MAR. 31, 2005 **** AS AT FEB. 28, 2005
- ASAT MAR. 24, 20051* ASATAPR. 30, 20051" AS ATAPR.30, 2005


request of host countries. This
is apparent in the Aruba event,
through the almost immediate
assistance and arrival of the US
Federal Bureau of Investiga-
tion's (FBI) six-man team, not
inclusive of the most recent
request for divers from the
FBI, which brought the total
team count to nine.
Service
The Aruba government, in
my opinion, is leaving no room
for allegations that it mishan-
dled this matter. Negative press
is unavoidable, but the obvi-
ous transparency and bilateral
co-operation will go a long way
in damage control. Even better,
and clearly a demonstration of
good crisis management, the
government has authorised its
nearly 4,000-strong civil service
to take time off from work .to
assist in' the search. This act
alone will go a long way in
Aruba's recovery from this
event.
How so, you may ask. In
preparation for this article it
was very interesting to discov-
er that Aruba has prepared for
such an event. Since 2000, the
Aruba Hospitality and Securi-
ty Foundation has been in


action to co-ordinate a well
thought-out response to such
a possibility. Yes, the very con-
cept I recommended for our
tourist industry is up and run-
ning in Aruba, and it is my
opinion that as a result of this
programme the country has
been able to weather the storm
of criminal and terrorist activi-
ty against tourists.
What can we in the Bahamas
learn form this event? Well,
with over four million tourists
coming to our shores every
year there exists a great poten-
tial for abductions, kidnappings
or even runaways, all of which
initially will generate negative
publicity. The reality is that we
cannot possibly police this
amount of persons with our
limited resources, but we cer-
tainly do more to manage the
risk of these events occurring.
This is the thrust of this dis-
cussion managing the risk. We
daily invite persons to our
country, but do very little com-
paratively to ensure the visi-
tors are as best as possible
afforded a safe stay.
I stand to be corrected if
there exists a national policy
that is ready to deal with inter-
national. events of this nature.
However, as stated in the series
on terrorist effects on tourism,
we have a national policy on
financial/banking-related
crimes. To take a page from
Aruba, let us move to develop
and implement a national pol-
icy on crimes specific to tourists
and tourism.

NB: Gamal Newry is the
president of Preventative Mea-
sures, a law enforcement and
security consulting company.
Comments can be sent to PO
Box N-3154 Nassau, Bahamas
or, e-mail preventit@hot-
mail.com


NOTICE
NOTICE is hereby given that GEORGE MITCHELL OFF
MASON STREET OFF EAST STREET, NASSAU BAHAMAS,
is applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen of The
Bahamas, and that any person who knows any reason why
registration/ naturalization should not be granted, should send
a written and signed statement of the facts within twenty-
eight days from the 8TH day of JUNE, 2005 to the Minister
responsible for Nationality and Citizenship, RO.Box N- 7147,
Nassau, Bahamas.





NOTICE



Mr Godfrey M Kenny

and Mrs Brenda D Kenny


Last known address:

Yamacraw Beach Estates

P.O. Box GT 2505

Nassau, Bahamas


Kindly contact

Mrs Franchelle Dorsett

or Mr Philip Rolle

at 502-5170,

502-5180 or 502-5173


www.rbcroyalbank.conmcariblban


FRBC
FINCO


W RBC
Royal Bank
of Canada-


0 Registered trade-mark of Royal Bank of Canada
' The Lion & Globe symbol and RBC are trademarks of Royal Bank of Canada


Safe and Secure


by

Gamal

Newry
tf^^B~~~ ^B^B ^

:^4 ^ ^^^^^i : _^ ^^^


PAGE 2B, WEDNESDAY, JUNE 8, 2005


THE TRIBUNE








THE TRIBUNE W


Cable Bahamas driven




by cable and Internet




subscriber expansion


* By NEIL HARTNELL
Tribune Business Editor
Increases of 12.6 per cent and 24
per cent in Cable Bahamas'
respective cable television and
Internet customer bases were the
key drivers behind the company's
$3.3 million 2005 first quarter net income.
In a message to the company's share-
holders, Brendan Paddick, Cable Bahamas
chairman and chief executive, said the
company's performance continued to ben-
efit from its increasingly diversified rev-
enue streams.
Revenue
Revenue from the Internet and data
operations accounted for 40 per cent of
Cable Bahamas' total revenues for the
three months to March 31, 2005, compared
to 37 per cent during the year-before peri-
od.
Compared to the 2004 first quarter, Mr
Paddick said cable television subscribers
had grown by 12.6 per cent to 66,551, while
total Internet subscribers residential and


commercial had grown from 21,000 in
the year-before period to 26,066.
Total Internet revenues had increased
by 24 per cent to $3.8 million, while total
monthly recurring revenue had reached
$1.3 million by March 31, up from $1 mil-
lion at the same point in 2004.
Market
Mr Paddick wrote: "The company attrib-
utes this consistent growth to the signifi-
cant effort it has given to customer ser-
vice, increased bandwidth and technical
support, all of which have served to dif-
ferentiate our Internet offerings from oth-
er providers in the market."
The Cable Bahamas chairman said rev-
enue from its data operations increased
by over 35 per cent on the 2004 compara-
tive, coming in at $1.7 million for the 2005
first quarter.
He added that this top line growth had
been achieved while also reducing opera-
tional expenses, thus improving the data
business's operating margins.
Mr Paddick said: "It is expected that
the data business will continue to grow


Fidelity Bank is 'close to


steadily in 2005, especially since the com-
pany has been able to put into service its
redundant fibre-optic link to the United
States.
"With this second fibre link now in oper-
ation, data customers have access to one of
the most secure and reliable fibre-optic
systems operating in the world today."
The company's core cable television
business generated $8.1 million in 2005
first quarter revenue, up from $7.3 mil-
lion the previous year.
Out of the $2 million or 17 per cent rise
in total revenues, some 41 per cent of this
came from the cable television business,
with the Internet and data operations
accounting for 37 per cent and 22 per cent
respectively.
Capital
Cable Bahamas' total capital expendi-
ture during the first quarter was $3.9 mil-
lion, the majority of it going on new cus-
tomer installations, the preparation to
launch digital services and completion of
metro fibre hubs in New Providence and
Grand Bahama.


Major 'ready to gauge


settlement in Love Estates' interest in Bahamasair'


FROM page one
and the developers in 2001 in
relation to the performance
bonds, while Rolling Hills and
the bank also became
embroiled in legal action
against each other.
The pair had reached a Sep-
tember 1997 agreement that
Rolling Hills would acquire the
Love Estates land for $1.1 mil-
lion and take over the bond
obligation, but the action was
begun after British American
Bank took the position that not
all the sales agreement condi-


tions had been met, thus pre-
venting the sale's completion.
Mr Lleida yesterday said he
was relieved to finally be in a
position to bring the matter to
a close, but warned that it
would not be entirely over until
the bond is paid and the infra-
structure put in place, a devel-
opment that is likely to hap-
pen by the end of 2005.
Although remaining cau-
tious, Mr Lleida said he is
much more optimistic about
the future, although it had tak-
en a lot longer than anticipated
to reach this point.


FROM page one
recommendations by the end
of July.
Mr Major said he expects
interest from local and foreign
. parties, and officials were try-
ing to move the process along
as fast as possible, ensuring all
stakeholders were onboard
with the process.
Meanwhile, Gladstone
Adderley, secretary general of
the AAAWU, said union offi-
cials feel they are not playing
any part in the privatisation
process.


Mr Adderley said the union
had two meetings with the pri-
vatisation committee and the
consultants, where they were
presented with an initial plan
for the airline going forward.
He said, however, that noth-
ing new came out of this first
meeting. During a second meet-
ing, union officials were asked
what they could do to prepare
the airline for privatisation, a
move Mr Adderley found
strange, saying that as $1 mil-
lion consultants, McKinsey and,
Co should have already come"
to themrt With a detailed plan.'


1 I' Lt I A. &' -J 1 I'i -I*L
a multi-national company resident in Nassau, Bahamas
is currently accepting applications for the position of
Tank Truck Driver.

QUALIFICATIONS:
* High School Diploma
* Minimum of 2 years driving tractor trailers
* Previous experience driving tank trucks
(petroleum products) preferred

PERSONAL ATTRIBUTES:
* Ability to interact with others in a professional manner
* Ability to learn new tasks quickly
* Excellent work attitude, punctuality and attendance
record

Salary will be commensurate with experience and
qualifications. Excellent benefits offered.

Only Bahamian citizens need apply and interested persons
should submit applications to arrive no later than Friday,
June 17th, 2005. Only suitable applications will be
acknowledged.


The Advertiser
DA #20660
c/o The Tribune
P.O. Box N-3207
Nassau, Bahamas


The provision of reliable, efficient, low cost airline service is essential to the social
and economic development of The Bahamas and the continued growth and
development of our vital tourism industry. In pursuance of these national
development goals, Tthe Government of The Bahamas is committed to privatizing
Bahamasair Holdings Limited ("Bahamasair"), the operator of the national flag
carrier of tThe Bahamas. Bahamasair is a Government owned limited liability
company that currently provides complete airline services throughout The
Bahamas, Florida, The Turks and Caicos Islands and Santo Domingo. Bahamasair
has the potential to be profitable while providing reliable, efficient and competitive
airline service once fundamental changes are made. Further, the Government
wishes to facilitate the widest possible participation of Bahamians in a privatized
national airline.
In keeping with the abovementioned goals, therewith the Government is inviting
Eexpressions of linterest from entities/individuals parties/entities wishing to partner
participate in the ownership and operation of the national flag carrierBahamasair.
In this regard, submissions should include a profile of the entity/individual wishing
to invest in Bahamasair, including financial and technical qualifications.
The successful applicant should be prepared to participate in a joint venture with
the Government and/or other potential investors.
Bahamasair Holdings Limited is a Government owned limited liability company,
which has the potential to be profitable once fundamental changes are made
currently provides complete airline services throughout the Bahamas, Florida, The
Turks and Caicos Islands and Santo Domingo.
The provision of efficient, low cost airline service is essential to the social and
economic development of our Family Islands and to our vital tourism industry.
Further, the Government has an obligation to facilitate the widest possible
participation of Bahamians in newly privatized enterprises. In this regard
submissions should include a profile of the individual/entity wishing to invest in
Bahamasair including financial and technical qualifications
Financial and operational details will be provided at a later stage should we find
your submission attractive.
Sealed Expressions of Interestsubmissions submissions should be forwarded
submitted to the Permanent Secretary, Office of The Minister of Works and Utilities,
Third Floor, Ministry of Works Building, John F. Kennedy Drive, P.O. Box N-8156,
Nassau, New Providence, The Bahamas, with the caption:
"SUBMISSION BAHAMASAIR HOLDINGS LIMITED"
THESE EXPRESSIONS OF INTEREST SHOULD BE SUBMITTED NO LATER
THAN 3:00 P.M., FRIDAY MAY 13JUNE 17, 2005, when all submissions will be
opened.
The Government reserves the right to reject any or all submissions.
Signed: Permanent Secretary
Ministry of Works and Utilities


r DELL DIMENSION 2400 BUNDLE!
I Includes Inkjet Printer & 6' Printer Cable

SOnly $999.00I
- -.-.--. ---.- I


Ak
*.A #4 Patton & Rosetta Sts, Palmdale
(Next to City Market Food Store)
Nassau, Bahamas
Email: salesfjdct c.com

TECHNOLOGY Tel: 242-328-0048
COMPANY LIMITED Fax: 242-328-0049


NURSING CAREER

OPPORTUNITY



Plastic Surgery office i's seek 111 L,
A full time Registered N Li r-,c.
with Operating Rooni
Experience. Great benefits
including assistance in fLMd111L1
for specialized training
Interested persons please
'fax resume, to: .328-6479


WEDNESDAY, JUNE 8, 2005, PAGE 3B


THE TRIBUNE


| . .: :. .







PAGE 4B, WEDNESDAY, JUNE 8, 2005


THE TRIBUNE


SMART tourism workers




could receive assistance




from China's government


Captains must have 'Class A' Licence
Captains must have 'STCW 95'
Crew/Deckhands must have 'STCW 95'
Jobs based in Great Harbour Cay
All Applicants need resume, references, Medical certificate, police
certificate and copies of licences.
Salaries based on certification and experience
Contact: 242-427-5385, P.O. Box SS-19343 Nassau



VACANCY NOTICE
SENIOR SECURITY OFFICER
Core Functions:
Ensure the protection of life, property, confidential documents and
other information and the safety and well-being of employees and
visitors.
Perform supervisory duties and assist with administrative matters.
Education and Other requirements:
Three (3) BGCSE/GCE passes with 'C' grades or above or
equivalent/high school diploma plus six (6) years relevant experience.
Good communication skills
Sound human relations skills
Computer skills and knowledge of surveillance systems are assets
Knowledge of policing principles
Punctual, reliable, alert and physically fit
Clean Police record
Good character
Interested persons should submit a resume, documentary proof of their
qualifications including copies of certificates and three character references
to:
The Human Resources Manager
DA #20562
c/o The Tribune
P.O. Box N-3207
Nassau, Bahamas
by June 15,2005


* RECENT SMART graduates participated in a one-day workshop at Sandals-Royal Bahamian Resort last month
to devise a list of standards for their individual areas of operation. Photo by Derek Smith, BMOT.


SOME graduates from the
Ministry of Tourism's SMARIT'
Training Programme,: will


The following persons or their nearest relative, are kindly asked to
contact the OCCUPATIONAL HEALTH AND SAFETY UNIT
of the National Insurance Board located in the Board's Jumbey Village
Complex, on Baillou Hill road. For information, you may contact
the Department at telephone number 502-1500.

n A E ADR ESii


ASH, William
BAIN, Dominique
BETHEL, Whyonna
BROWN, Cheryl
BROWN, Esther
CALIXTE, Celoter
CALIXTE, Raphael
CAMPBELL, Schantil
CAREY, Nathalie
CARTWRIGHT, Nicholo
CHRISTIE, Kendrick
CLARKE, Sharon
CURTIS, DeAngelo
DAMES, Randolph
DARRON, Ellis
DAVIS, Tillisa
DEAN, Antonio
DELEVEAUX, Ethlyn
DOUGLAS, Marsha
EUGENE, Berneto
FARQUHARSON, Maria
FENELUS, Edsen
FERGUSON, Monique
FERNANDER, Dianne
HUTCHINSON, Kendal
JOHNSON, Stephen
KEY, Cheryl
MACKEY, Patrice
McKENZIE, Dave
McKENZIE, Marsha
McKENZIE, Pearline
McPHEE, Joan
MORTIMER, Brandly
MOSS, Dexter
POITIER, Larenzo
PRATT, Joyce
ROBERT, Dorothy
SCOTT, Tavis
WALKES, Peter
YSAGUIRRE, Julian


Yamacraw Beach
Peter Street
Millers Height
Shirley Street
Joan's Height
East Street
Hospital Lane
Butler Street
Martinque Road
Joe Farringon Road
Davis Street
Charlotte Ridge
Jack Fish Drive
5th Street, The Grove
Lily of The Valley Cr.
Jacaranda Street
Dean Street
Yellow Elder
SourSop Street
Cowpen Road
Sea Breeze Lane
Carmichael Road
Ferguson Street
Palmetto Avenue
St Kitts Road
West Street
Savannah Avenue
Wulff Road
Springfield Road
Killdeer Drive
St. James Road
Elizabeth Estates
Frangipani Avenue, Garden Hill
Eaton Avenue
Summer Street
Orchard Close, Sea Breeze
Poincianna Drive
Rosedale Street
Atlantis Drive
Yamacraw Estates


receive financial assistance
from the Chinese government
through grants for handicraft
manufacturing, the minister of
trade and industry said.


Leslie Miller made the
announcement at a one-day
SMART training workshop for
160 workers, where hair
braiders, straw vendors, beach


JOHNSON/EVINRUDE

Dealerships are available in certain areas.
Preference will be given to existing Dealers of
OUTBOARD MOTORS who are willing to become
exclusively Johnson/Evinrude

Applicants must demonstrate their ability to
stock such engines as their area requires and to support
these engines with parts and competent service.

Send full details of current business to -

The Outboard Shop, Marsh Harbour.

242 367 2703 'phone
242 367 3709 'fax

TheoUtboards'hop @ abacoinet.com









A young aggressive company with a solid track record
is expanding and requires an

In House Marketing Manager
If you are looking for position with:
1) Structure
2) Lots of supervision
3) A daily routine
Then this position is NOT for you.
Applicants must have a degree in marketing.
When applying remember that we are looking for that
applicant who stands out from the rest.
c/o The Tribune Limited
DA# 03251
P.O. Box N-3207
Nassau, Bahamas


vendors, surrey drivers, public
service drivers, airport security
guards and ferry boat opera-
tors were invited to compile
their own list of standards
based on how they themselves
would expect to be treated if
they were visiting the Bahamas.
The venture involving the
Chinese grants will be a joint
effort between the ministries
of Trade and Industry, Tourism
and Education.
At the end of the workshop,
the 160 SMART graduates
along with facilitators came up
with a list of standards and
expectations that were agreed
upon by all. The list included
standards for every type of ser-
vice personnel attending the
session.
The formal list of standards
compiled during the workshop
will be distributed to regulato-
ry agencies such as the Port
Authority, Road Traffic, the
Airport Authority and other
agencies responsible for vari-
ous aspects of visitor-related
services.










Monday


Share

your

news
The Tribune wants to hear
from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for.improvements in the
area or have won an
award.
If so, call us on 322-1986
and share your story.


lls L 'I I IL I -


I I '-- II -IP~Bs~'l







THE TRIBUNE


WEDNESDAY, JUNE 8, 2005, F 5B


* BEVERLEY RAHMING


Finter Bank fund officer



passes Canadian exam

A MUTUAL fund officer
with Finter Bank & Trust To advertise i Th
(Bahamas) has completed the
Canadian Securities Course cal
after studying with the Nassau-
based Securities Training Insti-
tute (STI).
Beverley Rahming (pictured
at left) felt the course has N O T IC E
increased her understanding of NOTICE is hereby given that JAMES JULMIS OF P.O. BOX
financial services products and N-805, #6 APPLE STREET, NASSAU, BAHAMAS, is applying
enhanced her ability to com- to the Minister responsible for Nationality and Citizenship, for
pete with global rivals, registration/naturalization as a citizen of The Bahamas, and
STI provides training for that any person who knows any reason why registration/
both exams needed to com- naturalization should not be granted, should send a written
plete the CSC, and the compa- and signed statement of the facts within twenty-eight days
ny is also the official exam from the 8TH day of JUNE, 2005 to the Minister responsible
invigilator in Nassau for the for Nationality and Citizenship, RO.Box N- 7147, Nassau,
Canadian Securities Institute. Bahamas.


Legal Notice

NOTICE

BURLANDS LIMITED

NOTICE IS HEREBY GIVEN as follows:
(a) BURLANDS LIMITED is in voluntary dissolution under the
provisions of Section 137 (4) of the International Business Companies
Act 2000.
(b) The dissolution of the said company commenced on June 7,
2005 when the Articles of Dissolution were submitted to and
registered by the Registrar General.
(c) The Liquidator of the said company is Blue Seas Administration
Ltd., 3rd Floor, Bahamas Financial Centre, Shirley & Charlotte
Streets, Nassau, Bahamas.
Dated this 8th day of June, A.D. 2005.


Blue Seas Administration Ltd.
Liquidator



Legal Notice

NOTICE

LOLYSOUR LIMITED

NOTICE IS HEREBY GIVEN as follows:
(a) LOLYSOUR LIMITED is in voluntary dissolution under the
provisions of Section 137 (4) of the International Business
Companies Act 2000.
(b) The dissolution of the said company commenced on June 7, 2005,
When the Articles of Dissolution were submitted to and registered
by the Registrar General.
(c) The Liquidator of the said company is Credit Suisse Trust Ltd.,
Rue de Lausanne 17 bis, 1211 Geneva 70, Switzerland.

Dated this 8th day of June, A.D. 2005.


Credit Suisse Trust Ltd.
Liquidator


Security index



up by 22.86%


at end of May


FROM page one
perceived as possessing greater
value than their current listed
prices.
May's results continued the
trend BISX had exhibited since
the 2005 first quarter ended,
with the All-Share Index ending
April up some 18.6 per cent or
173.02 points over the previous
year. It was up 19 per cent over
March's end.
However, while the All-Share
Index consistently rose, year-
on-year trading volumes and
the value of shares traded were
down on 2004.
Total trades in May fell by
26.3 per cent compared to the
previous year, with total value
down t 14.35 per cent at
$107,860.55.
But compared to the previ-
ous month of April 2005, vol-
ume and the total value of
shares traded on BISX were up
by 162 per cent and 23.28 per
cent respectively.
Comparatives for the 2005
first quarter were affected by a
trade of over one million Cable
Bahamas shares in early 2004,
with the National Insurance
Board purchasing stock from
the Treasury.
Describing this transaction as
"abnormally large", BISX said
that if the Cable Bahamas trade


had not occurred, the volume
and value of all shares traded
in the 2004 first quarter would
still have exceeded this year's
figures by 4.23 per cent and
13.75 per cent respectively.
The exchange said in its
release: "At the end of the first
quarter of 2005, the volume of
shares traded for that period
was 578,457 and the value of
shares traded totalled
$2,674,533.
"When compared to the pre-
vious year, those figures repre-
sented a 64.7 per cent (1.06 mil-
lion) decrease in the number of
shares traded and a 74.77 per
cent ($7.927 million) decrease
in total value of shares traded."
It added: "Although trades
for the first quarter of 2005
where lower than those of 2004,
BISX began the new year with
an index of 1,039.38, a notice-
able increase from 2004's index
for the same period of 868.30.
This change indicates that the
overall market outperformed
the previous year by approxi-
mately 19.7 per cent.
"The end of the first quarter
of 2005 proved as successful as
its beginning, as the index not
only exceeded the end of 2004's
first quarter by 178.04 points
(from 919.04 to 1,097.08) but
increased by 57.7 points from
the beginning of 2005."


LEGAL NOTICE


NOTICE


LOWNDES MANAGEMENT LTD.
(In Voluntary Liquidation)


Notice is hereby given that in accordance with Section
137(8) of the International Business Companies Act, 2000,
the dissolution of LOWNDES MANAGEMENT LTD., has
been completed; a Certificate of Dissolution has been issued
and the Company has therefore been struck off the Register.



ARGOSA CORP. INC.
Liquidator


LEGAL NOTICE


NOTICE

STEADFAST MANAGEMENT CORPORATION




Notice is hereby given that the above-named Company is
in dissolution, which commenced on the 30th day of May,
2005. The Liquidator is Argosa Corp. Inc., of P.O.Box N-7757
Nassau, Bahamas.




ARGOSA CORP. INC.
Liquidator


Our client, a bank and trust company, is seeking applications for the position of Financial Controller.

JOB OBJECTIVE:
Position reports directly to the President of Company. The Financial Controller will have responsibility
for the coordination and execution of all financial related activities in the business in order to assist
in the proper financial management of the principal company and its related group of companies.

PRINCIPLE DUTIES & RESPONSIBILITIES:
This position involves management and reporting of the Company's financial affairs with responsibility
for the supervision of the financial controller functions, which includes monthly management, accounts
preparation, budgetary controls and reporting to both local management and Head Office.
The position will also be responsible for managing specific projects, developing effective Management
Information Systems, and liaising with third parties and regulatory bodies including The Central
Bank of the Bahamas and external auditors. The candidate should possess a proven working knowledge
in the area of compliance requirements, should have experience in managing and empowering people
and should not be adverse to the hands-on approach required in a small office environment.

REQUIREMENTS & PERSONAL ATTRIBUTES:

Candidates must meet the following criteria:
* Professional Accounting Qualification recognized by the Bahamas Institute of Chartered Accountants
* Five to seven years or more experience in an accounting capacity
* Minimum of five years experience in an offshore bank and trust environment, preferably at
a management level with significant exposure to operations
* Proficient in the use of the Microsoft range of applications
* QuickBooks accounting software experience
* Accounting Software migration experience
* Expertise in current banking legislation and regulations
* Excellent written and oral skills
* Excellent organizational, time management and communication skills
* Team Player with the ability to add value and strength to the team and team goals
* Honest, hardworking and ability to meet deadlines
The position offers an attractive salary and benefits package, reflecting the successful applicant's
experience and qualifications, including a performance bonus, pension, medical, life & dental
insurance coverage.
Qualified individuals should submit complete resumes including references before June 9, 2005 to:
Mark E. Munnings
Deloitte & Touche
P. 0. Box N-7120
Nassau, Bahamas


or
Email: mmunnings@deloitte.com.bs


Deloitte.


ANSBACHER

ANSBACHER (BAHAMAS) LIMITED
Ansbacher in the Bahamas invites applications from qualified individuals
for a

CLIENT ACCOUNTING MANAGER
Salary + Banking Benefits + Performance Based Incentive Scheme

The Client Accounting Manager reports to the Director of Fiduciary
and is responsible for the overseeing of a profitable Client Accounting
Department in the preparation of financial statements for clients. He/she
is also responsible for maintaining accounting records for Trust and
Companies while complying with ABL's Systems of Internal Control
and liason with Internal and External Auditors.

Candidates should have a minimum of 5 years experience in a senior
management position with proven ability to achieve objectives and
meet deadlines.

Education should be to a degree level with a relevant professional
qualification such as CPA. It is also important that candidates satisfy
the regulatory requirements. The successful candidate must be able
to demonstrate solid team work, communication skills and a practical
"can do" attitude.

In addition to basic salary, benefits include life and medical insurance,
income protection and membership in a personal pension plan.

Written applications with current C.V. should be submitted to:
The Human Resource Manager,
Ansbacher (Bahamas) Limited,
P.O. Box N-7768,
Nassau, Bahamas
Fax 242-326-5020


BUSINESS







PAGE 6B, WEDNESDAY, JUNE 8, 2005


THE TRIBUNE


GN- 221


MINISTRY OF


EDUCATION

COMMONWEALTH OF THE BAHAMAS
NEW PROVIDENCE
THE ACQUISITION OF LAND ACT

(Chapter 233)

DECLARATION OF INTENDED ACQUISITION


WHEREAS It appears to the Prime Minister, the Minister responsible for
the Acquisition and Disposition of Lands that the land described in the
Schedule hereto is needed for a public purpose.

NOW THEREFORE Notice is hereby given by the Promoter, the Minister
responsible for Education, that the said land is needed for a public purpose,
namely, construction of Public Schools and for uses related thereto and that
the said Promoter Intends to acquire the said land for the said public purpose.


ALL PERSONS interested in the said land shall within thirty (30) days of
the publication of this Notice in the Gazette or the posting of the same, state in
writing to the Promoter, whether by hand-delivery or by post at P. 0. Box
N-3913, Nassau, The Bahamas, the nature of their interests in the said land, the
amount and particulars of their claims to compensation for such Interests and
provide the relevant documents (if any) supporting those interests.


The Survey Plan of the said land may be inspected at the Department of
Lands and Surveys situate at Bay and Armstrong Streets, New Providence
between the hours of 9:30 a.m. and 5:00 p.m. from Monday to Friday.


Dated the 26th day of May A.D. 2005



Signed

Alfred M. Sears
Minister Responsible for Education
Schedule (Annexed)
DESCRIPTION
AREA =20.000 ACRES
ALL THAT certain lot piece or parcel of land containing by admeasurement TWENTY
ACRES or thereabouts being the Lot on a plan on record in the Department of Lands and
Surveys as Plan numbered MP. 4994/III of San Salvador situate on the southern side of
the Queen's Highway and approximately One Thousand Three hundred (1,300) Feet
northeasterly from the road leading to Barker's Point in the Settlement of Harbour Estate
in the Island of San Salvador in the Commonwealth of The Bahamas ABUTTING AND
BOUNDING towards the EAST SOUTH and WEST on the lands originally granted to
Archibald Taylor (1-19 ) and towards the NORTH on a public road reservation known as
the Queen's Highway or however else the same may abut and bound which said lot piece
or parcel of land is more particularly delineated and shown coloured pink on the area
attached.
R. Brennen
17/02/05


Iopuhrity hwrcms



for condo hotei


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Think tank says new



agencies will cost the



taxpayer up to $10m


FROM page one
had been reviewed over the past
year by the Bahamas Chamber
of Commerce and other private
sector organisations.
It said: "The implementation
and operating costs of the 10
bureaucracies required for the
new Acts amounts roughly to
between $8 and $10 million per
annum.
"There are also hidden costs
associated with bureaucratic
structures, such as the misallo-
cation of funds, interference or
mandated changes to existing


norms, added risk of spurious
and costly lawsuits, and more.
The true 'costs' are almost
impossible to calculate when
including the unintended con-
sequences in the market place.
"Governments do not have
money, only that which they
take from their citizens. The tax
dollars required to fund bureau-
cracies are effectively a 'tax' on
private sector production and
growth and ultimately a tax on
the free enterprise system."
The Nassau Institute said of
the latest batch of legislation:
"They go well beyond simply


protecting life and property,
more accurately they constrain
the use of private property.
"All Acts of Parliament have
a cost, yet draft Bills are circu-
lated to various groups for com-
ment without cost estimates for
implementation and oversight.
"There are near enough to
800 Acts of Parliament (373 of
which are primary legislation)
intended to address both 'night
watchman"' and 'well being'
issues for the population. In
2003 and 2004, 35 new laws
were enacted, with more in the
pipeline for 2005."


DEPARTMENT OF LANDS & SURVEYS


r


Lu, aT Auur ANim To AROW TAunoR (-i)


PLAN
A TRACT OF LAND CONTAINING TIWNTY (20) ACRES BEING A PORTION OF AN
ORIGINAL CROWN GRANT TO ACHIBLA TAYLOR (1-19)
ON 1K SOUTHERN E OF T mE0 S HOIHWAY AMH A9ROmATELY
l.o00 FET NmWRHEASITRLY FOM THE 0 LROA Ec To 0 ARIKS POINT IN KAEM ESTATE SETTLEMENT
SAN SALVADOR BAHAMAS
PREPARED AT THE INSTANCE OF THE SUVETOR CENEIRAL. FOR TIE OTICE OF E PRIUE MINISTER

DATE: FEBRUARY. 2005.
200fT. 0 200 400 00 1)000T.
SCALE : linch = 200feet


Business Administrator

Sbarro restaurants requires the expertise of a
Business Administrator to work with/under the company
GM in the capacity of administration, advertising
& marketing and training.

Qualifications:

* minimum 5 yrs experience in office administration
* knowledge of sales & marketing, and training at a basic level
* good working knowledge of Microsoft Office suite
* well-organized person capable of working with minimal-supervision
* able to complete all functions of an administrator and personal assistant
as well as move the company forward in a sales & marketing role


Personal qualities:

* a highly motivated individual
" confident
* an excellent communicator
* excellent presentation, skills
* ability to work beyond the call of duty

Health coverage can be made available
Salary contingent upon experience and qualifications

Send resumes to:
The Managing Director:
cvk@sbarrobahamas.com
Or fax to 327-3069........NO telephone interviews












GN- 220


OFFICE OF THE DEPUTY PRIME MINISTER AND MINISTRY


OF NATIONAL SECURITY


PARLIAMENTARY REGISTRATION DEPARTMENT


FORM OF NOTICE OF NOMINATIONS IN AN UNCONTESTED ELECTION

LOCAL GOVERNMENT ELECTION FOR

South Andros Constituency Polling Division 3A
Black Point
In the Kemp's Bay Town Area
Of the South Andros District

NOTICE OF NOMINATIONS
AND
DECLERATION OF RESULTS

NOTICE is hereby given that the candidates named below, being the only
candidates standing nominated in the above mentioned election, ARE HEREBY
DECLARED elected to serve as a Town Committee Member of the said Town Area.


Candidates
Surname


Other Names
In Full


Occupation


Place of
Residence


ADMAS Nathaniel Fisherman Black Point Andros




Date: 2nd June, 2005


Sign: Gary Knowles
RETURNING OFFICER


FORM OF NOTICE OF NOMINATIONS IN AN UNCONTESTED ELECTION

LOCAL GOVERNMENT ELECTION FOR

South Andros Constituency Polling Division 3C
Smith's Hill
In the Kemp's Bay Town Area
Of the South Andros District

NOTICE OF NOMINATIONS
AND
DECLERATION OF RESULTS

NOTICE is hereby given that the candidates named below, being the only
candidates standing nominated in the above mentioned election, ARE HEREBY
DECLARED elected to serve as a Town Committee Member of the said Town Area.


Other Names Occupation Place of
In Full Residence


HARRIS Shelia Mae Waitress Smith' Hill Andros

JOHNSON Preston Leon Farmer Smith's Hill Andros


Date: 2nd June, 2005



Sign: Gary Knowles
RETURNING OFFICER



Form of Public Notice of Withdrawal of a Nomination, where the
Withdrawal Results in an Uncontested Election

LOCAL GOVERNEMENT ELECTIONS FOR

South Andros Constituency Polling Division 7
Lisbon Creek, Victoria Point, Blue Hole, Orange Hill, Grants Peets,
Dorsetts, Swain and Pinders
In the Mangrove Cay District


DECLARATION OF RESULT
CONSEQUENT UPON
NOTICE OF WITHDRAWAL

NOTICE is hereby given that the following candidates have withdrawn their
respective Candidatures and no longer stand nominated in the above
mentioned election


Candidates Surnames


.GREEN

PENNERMAN
-------- ---- --------. -. ----------- ----------------


Other names in full


........... eo..... rge Sr.
David
.... . .. . ... .... .. .. . .. . . . .. .. .. .. . .. .. . ..


AND the candidate/s named below, being the only c andidate/s remaining
standing nominated. ARE HEREBY DECLARED elected to serve as
District Council Members of Local Government for the said District.


Candidates Other names Place of Occupation
Surnames in full Residence

BAIN Henry Churten Victoria Point Building Contractor
............................... ................... ...... ............... ........... ..........-- ..................


BULLARD
...............................


Gamett Pinder's Businessman
.. .. . .. . ....-- -- - -- .. . .. - -- -- - -- - -- -


SAUNDERS Aaron Donald


Swains


Electrician


STUBBS-ROLLE Laveme Vemice Grants Waitress
............................... .......................... ........................... ................................


Date: 40" June, 2005


Signed: Annamae Rolle
RETURNING OFFICER


LOCAL GOVERNMENT ELECTIONS

Form of Withdrawal of Candidate by the Candidate


To the Returning Office of the ..... ALk~l KO.OV ............. CA .......... Ditrict

I C?. .. ..... .. .o................of ..... ..A, .u i.&.........Towns p

in Polling Division No. '7
Being a candidate duly nominated for election as District Councillor/Town Committee
Member in the District Council/Town Committee for the said District/Town Area and not
being already declared to have been elected for the said District/Town Area, do hereby
withdraw my said candidature and nomination.



Dat,& .. ...2..Q.....

......_ l ......... .- ..............


NOTE:

(l)- Insert &fUl name and address as on the nomination paper.
LOCAL GOVERNMENT ELECTIONS

Form of Withdrawal of Candidate by the Candidate


To the Returning Office of the ....A ..6~..... ...... ...................... Ditrict

i,.. at.i.d...... .P n erA ..a. o........of ..........T: ...........Township

in Polling Division No. 7
Being a candidate duly nominated for election as District Councillor/Towu Committee
Member in the District Council/Town Committee for the said District/Town Area and not
being already declared to have been elected for the said Distrit/Town Area, do hereby
withdraw my said candidature and nomination.

Date.....4........u e.....




NOTE:

(1) ."" Insert tua name and address as on the nomination paper.
FORM OF NOTICE OF NOMINATIONS IN A CONTESTED ELECTION

LOCAL GOVERNMENT ELECTION FOR

Cat Island, Rum Cay & San Salvador Constituency Polling Division 9
The Rum Cay District

NOTICE OF NOMINATIONS
AND
NOTICE OF POLL
NOTICE is hereby given that the candidates named below stand nominated in the above
mentioned election, and NOTICE is hereby given that the Poll will take place on Monday the 27"'
June, 2005, between the hours of 8:00 a.m. in the morning and 6:00p.m. in the afternoon in the
following polling place:-
Polling Division Polling Place


Polling Division No. 9


Candidates
Surname


Other names
in full


Administrator's Office


Occupation


Place of
Residence


BAIN Francis Janitress Port Nelson

CASH Jerome Plumber Port Nelson

FRANKS Rochelle Secretary Port Nelson

HARDING Synovia Nurse Port Nelson

KNOWLES Kirkland Carpenter Port Nelson

MAYCOCK Jennifer Cashier Port Nelson

NOTTAGE Jackie Janitress Port Nelson

STRACHAN Madrick Janitress Port Nelson
Date: 2 June, 2005
Sign: Philp Strachan
RETURNING OFFICER
FORM OF NOTICE OF NOMINATIONS IN A CONTESTED ELECTION

LOCAL GOVERNMENT ELECTION FOR

Cat Island, Rum Cay & San Salvador Constituency Polling Division 10
Cockburn to Hall's Landing
In the San Salvador District

NOTICE OF NOMINATIONS
AND
NOTICE OF POLL
NOTICE is hereby given that the candidates named below stand nominated in the above
mentioned election, and NOTICE is hereby given that the Poll will take place on Monday the 27'
June, 2005, between the hours of 8:00 a.m. in the morning and 6:00 p.m. in the afternoon in the
.following polling place:-


Polling Division

Polling Division No. 10


Candidates
Surname


Other names
in full


Occupation


Polling Place

Administrator's Office


Place of
Residence


BURROWS Densil Porter Sugar Loaf

FERNANDER Clifford Retired Cockbum Town

FERGUSON Gelera Manageress Sugar Loaf

PINDER Ashley Electrician Sugar Loaf

STRACHAN Brendalee Managress Cockburn Town

STORR Peterson Fireman Sugar Loaf

WILLIAMS Carol Laverne Accountant Long Bay

WILLIAMS Pedro Security Officer North Victoria Hill
Date: 2 June, 2005


Sign: Chrisfield Johnson
RETURNING OFFICER


Candidates
Surname


I I II I I I ` __._, in


Inc I MhlUItNt. DUOINCOO


Wt-UNtI UAY, JUNE 8, 2005, ,AUb /tS








PAGE 8B, WEDNESDAY, JUNE 8. 2005


THE TRIBUNE BUSINESS


FORM OF NOTICE OF NOMINATIONS IN A CONTESTED ELECTION

LOCAL GOVERNMENT ELECTION FOR

Cat Island, Rum Cay & San Salvador Constituency Polling Division 11
United Estates to Polly Hill
In the San Salvador District

NOTICE OF NOMINATIONS
AND
NOTICE OF POLL


NOTICE is hereby given that the candidates named below stand nominated in the above
mentioned election, and NOTICE is hereby given that the Poll will take place on Monday the-2 .
June, 2005, between the hours of 8:00 a.m. in the morning and 6:00p.m. In the afternoon in the
following polling place:-
Polling Division Pollng Place


Polling Division No. 11


Candidates
Surname


Administrator's Office


Other names
in full


Occupation


Place of
Residence


HALL Eric Contractor United Estates

KNOWLES Jonathan Pastor United Estates

LIGHTFOOT Nicole Beautician United Estates

MAJOR Terrance Customer Service Rep. United Estates

STORR Rennard Technician United Estates

Date: 2 June, 2005


Sign: Chrisfield Johnson
RETURNING OFFICER

FORM OF NOTICE OF NOMINATIONS IN A CONTESTED ELECTION

LOCAL GOVERNMENT ELECTION FOR

South Andros Constituency Polling Division 1
Mars Bay
In the Deep Creek Town Area
Of the South Andros District

NOTICE OF NOMINATIONS
AND
NOTICE OF POLL

NOTICE is hereby given that the candidates named below stand nominated in the above
mentioned election, and NOTICE is hereby given that the Poll will take place on Monday the 27*
June, 2005, between the hours of 8:00 a.m. in the morning and 6:00p.m. In the afternoon in the
following polling place:-


Polling Division


Polling Division No. 1


Candidates
Surname


Other names
in full


Polling Place


Post Office Mars Bay


Occupation


lace ofiden
Residence


BROWN Gloria -Cook Mars Bay, Andros

MEADOWS Lee Self-Employed : Mars BayAndros

MOSS Wenzel Fisherman Mars Bay, Adro

SMITH-NIXON JohnHarris Sales Person Mars Bay, Andrs


Date: 2 June, 200
Sign: Gary Knowl
RETURNING OFT


5

FICER '


FORM OF NOTICE OF NOMINATIONS IN A CONTESTED ELECTION

LOCAL GOVERNMENT ELECTION FOR

South Andros Constituency Polling Division 2A
Pleasant Bay
In the Deep Creek Town Area
Of the South Andros District

NOTICE OF NOMINATIONS
AND
NOTICE OF POLL

NOTICE is hereby given that the candidates named below stand nominated in the above
mentioned election, and NOTICE is hereby given that the Poll will take place on Monday the 27
June, 2005, between the hours of 8:00 a.m. in the morning and 6:00p.m. In the afternoon in the
following polling place:-


Polling Division


Polling Place


Polling Division No. 2A


Candidates
Surname


Post Office -Pleasant Bay


Other names
in full.


Occupation


Place of
Residence


BLACK George Retired/Businessman Pleasant Bay, Andros

SMITH Rance Station Diesel Mechanic Pleasant Bay, Andros
Mate (S.D.M.M)


Date: 2 June, 2005
Sign: Gary Knowles
RETURNING OFFICER

FORM OF NOTICE OF NOMINATIONS IN A CONTESTED ELECTION

LOCAL GOVERNMENT ELECTION FOR

South Andros Constituency Polling Division 2B
Little Creek ...
In the Deep Creek Town Area .
Of the South Andros District

NOTICE OF NOMINATIONS
AND
NOTICE OF POLL
NOTICE is hereby given that the candidates. named below stand nominated in the above.
mentioned election, and NOTICE is hereby given that the PolI will take place on Monday. the. 2
June, 2005, between the hours of 8:00 a.m. in the morning and 6:00 p.m. in the after o n in th '
following polling place:-
Polling Division Polling Place ,

Polling Division No. 2B Society Hall Little Creek, Andros

Candidates Other names Occupation Place '-
Surname in full Residene

JOHNSON Jeffrey Electrician Little Creek, Adro.'

ROLLE Mary Ann Cook Little Creek, Andros

TAYLOR Arimentha Retired Little Creek, Andros

Date: 2 June, 2005
Sign: Gary Knowles
RETURNING OFFICER


FORM OF NOTICE OF NOMINATIONS INA CONTESTED ELECTION


South AdrosConstituency. Polling D on 2C
Deep Creek

Of6theSouth Andros District

NOTICE OPNOMINATIONS

.NOTICE OOF POCLL-.

NO ii o h ven that the candidates named below stand nominated in the above
mentioned election, and NOTICE is hereby given that the Poll will take place on Monday the 27*
June, 2005, between the hours of8:00 a.m. In the morning and 6:00 p.m. in the afternoon in the
following polling place:-


Polling Division

Polling Division No. 2C


Candidates
Surname


Other names
in full


Polling Place

Primary School Deep Creek, Andros


Occupation


Place of
Residence


SANDS Velma Cora SelfnEmployed Deep Creek, Andros

SMITH thlynI Loranica Cook : ; Deep Creek, Andros
,. .. .. .- : ,..
i~ci,~ ?::i. :,.:.:}f: ! > ":::"' i ,


Date: 2 June, 2005


Sign: "Gary Knowles:
RETURNING OFFICER


FORM OF NOTICE OF NOMINATIONS IN A CONTESTED ELECTION

LOCAL GOVERNMENT ELECTION FOR

South Andros Constituency Polling Division 3B
Kemp's Bay and Johnson's Bay
In the Kemp's Bay Town Area
Of the South Andros District

NOTICE OF NOMINATIONS
SAND
NOTICE OF POLL

SNOTICE is hereby given that the candidates named below stand nominated in the above
S .mentiond election, and NOTICEis hereby given that the Poll will take place on Monday the 2"
J e, 20J0, between the hours of 8:00 a.m. In the morning and 6:00 p.m. In the afternoon in the
following polling place:-












JOHNSON Jacqueline Plumber/Fisherman Kemp's Bay, Andros

MILLER Charles Building Contractor Kemp's Bay, Andros

PRATT Daniel Teacher Kemp's Bay, Andros

ROLLE Emanuel Retired/Businessman Kemp's Bay, Andros

SMITH Rosemary L. Cook Kemp's Bay, Andros



Date: 2 June, 2005


Sigiin: Gary Knowles
RETURNING OFFICER







FORM OF NOTICE OF NOMINATIONS IN A CONTESTED ELECTION



South Andros Constituency Polling Division 4
The Bluff Town Area
Of the South Andros District

NOTICE OF NOMINATIONS
AND
NOTICE OF POLL

NOTICE is hereby given that the candidates named below stand nominated in the above
mentioned election, and NOTICE is hereby given that the Poll will take place on Monday the 27'
June, 2005, between the hours of 8:00 a.m. in the morning and 6:00 p.m. in the afternoon in the
following polling place:-


Polling Division

Poiling.Division No. 4


Candidates


Polling Place

Society Hall The Bluff, Andros


Other names Occupation


Place of


Surname. In full Residence


FERGUSON Gail Bus Driver The Bluff, Andros

FERGUSON : TashaSimone Unemploye .. :The Bluf Andros

LEWI Rbtrel, Bus Driver/Security The Bluf, Andros

MCICIN1NEY hcquelyi Waitress The Bluff, Andros

NEELY Kayla Station DieselMechanic Mate The Bluff, Andros

ROLL : ZebedIee RoadITraffic Supervisor' The3Blu Andros




Date: 2 June, 2005


Sign: Gary Knowles
RETURNING OFFICER


GOVHNRAEN I N('',k


t I a


.r


. ..








THE TRIBUNE BUSINESS


WEDNESDAY, JUNE 8, 2005, PAGE 9B


I-GOENMN-NTCE0


FORM OF NOTICE OF NOMINATIONS IN A CONTESTED ELECTION

LOCAL GOVERNMENT ELECTION FOR

South Andros Constituency Polling Division 5A
High Rock and Duncombe Copice
In the Long Bay Cays Town Area
Of the South Andros District

NOTICE OF NOMINATIONS
AND
NOTICE OF POLL

NOTICE is hereby given that the candidates named below stand nominated in the above
mentioned election, and NOTICE is hereby given that the Poll will take place on Monday the 27t
June, 2005, between the hours of 8:00 a.m. in the morning and 6:00p.m. in the afternoon in the
following polling place:-


Polling Division


Polling Place


Polling Division No. 5A


Candidates
Surname


Society Hall High Rock, Andros


Other names
in full


Occupation


Place of
Residence


JOHNSON-BROWN Curlene Front Desk Clerk High Rock, Andros

KEMP Stephen Businessman High Rock, Andros

KNOWLES James Carrington Businessman High Rock, Andros

STUART Nancy Teacher High Rock, Andros




Date: 2 June, 2005



Sign: Gary Knowles
RETURNING OFFICER


FORM OF NOTICE OF NOMINATIONS IN A CONTESTED ELECTION

LOCAL GOVERNMENT ELECTION FOR

South Andros Constituency Polling Division 5B
Long Bay Cays, Congo Town and Motion Town
In the Long Bay Cays Town Area
Of the South Andros District

NOTICE OF NOMINATIONS
AND
NOTICE OF POLL

NOTICE is hereby given that the candidates named below stand nominated in the above
mentioned election, and NOTICE is hereby given that the Poll will take place on Monday the 27/
June, 2005, between the hours of 8:00 a.m. in the morning and 6:00 p.m. in the afternoon in the
following polling place:-


Polling Division Polling Place


Polling Division No. 5B


Candidates
Surname


Long Bay Cays Primary School


Other names
in full


Occupation


Place of
Residence


FERGUSON .LambertI J. .u... Businessman .a,. tLo ig Bay, Andrs.


KNOWLES Percy Retired Congo Town, Andros

PRATT James Tailor Congo Town, Andros

TAYLOR Kendal Businessman Congo Town, Andros


Date: 2 June, 2005




Sign: Gary Knowles
RETURNING OFFICER


FORM OF NOTICE OF NOMINATIONS IN A CONTESTED ELECTION

LOCAL GOVERNMENT ELECTION FOR

South Andros Constituency Polling Division 6
Drigg's Hill
In the Long Bay Cays Town Area
Of the South Andros District

NOTICE OF NOMINATIONS
SAND
NOTICE OF POLL

NOTICE is hereby given that the candidates named below stand nominated in the above
mentioned election, and NOTICE is hereby given that the Poll will take place on Monday the 27
June, 2005, between the hours of 8:00 a.m. in the morning and 6:00 p.m. In the afternoon in the
following polling place:-


Polling Division

Polling Division No. 6


Candidates
Surname


Polling Place

Comm. Center Driggs Hill Primary


Other names
in full


Occupation


Place of
Residence


FELIZ Diana Housewife Drigg's Hill, Andros

FORBES Locksley Teacher Drigg's Hill, Andros

FORBES Shirley Taxi Driver Drigg's Hill, Andros



Date: 2 June, 2005


Sign: Gary Knowles
RETURNING OFFICER






FORM OF NOTICE OF NOMINATIONS IN A CONTESTED ELECTION

LOCAL GOVERNMENT ELECTION FOR

South Andros Constituency Polling Division 8
Burnt Rock & Little Harbour
In the Mangrove Cay District

NOTICE OF NOMINATIONS
AND
NOTICE OF POLL

NOTICE is hereby given that the candidates named below stand nominated in the above
mentioned election, and NOTICE is hereby given that the Poll will take place on Monday the 27*
June, 2005, between the hours of 8:00 a.m. in the morning and 6:00p.m. in the afternoon in the
following polling place:-


Polling Division

Polling Division No. 8


Candidates
Surname


Polling Place

Burnt Rock Primary School


Other names
in full


Occupation


Place of
Residence


BELLE Brendalee Clerk Little Harbour

KING Patrick Taxi Driver Little Harbour

KING Rochelle Danica Manageress Little Harbour

MOXEY Brian Carlton Utility Man Little Harbour

MOXEY Ralph Sr. Fisherman Little Harbour


Date: 2 June, 2005


Sign: Annamae Rolle
RETURNING OFFICER


In






Th r*bu





Cal u e


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I Mt I MIDUNt IBUSINtibb


rUIar Iu. vfE-Lf4couL/, .JUVI- lL. AWo


KPMG Telephone 242 393 2007
PO Box N 123 Fax 2423931772
Montague Sterling Centre Internet www.kpmng.com.bs
East Bay Street
Nassau. Bahamas

AUDITORS' REPORT TO THE SHAREHOLDER


We have audited the accompanying consolidated balance sheet of Credit Suisse First Boston
(Bahamas) Limited ("the Bank") as of December 31, 2004. Our responsibility is to express an
opinion on this consolidated balance sheet based on our audit.
We conducted our audit in accordance with International Standards on Auditing as promulgated
by the International Federation of Accountants. Those Standards require that we plan and
perform the audit to obtain reasonable assurance as to whether the consolidated balance sheet is
free of material misstatement. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the consolidated balance sheet. An audit also includes assessing
the accounting principles used and significant estimates made by management, as well as
evaluating the overall consolidated balance sheet presentation. We believe that our audit
provides a reasonable basis for our opinion..
In our opinion, the consolidated balance sheet presents fairly, in all material respects, the
financial position of the Bank as of December 31, 2004 in accordance with International
Financial Reporting Standards promulgated by the International Accounting Standards Board.




Chartered Accountants

Nassau, Bahamas
May 26, 2005


CREDIT SUISSE FIRST BOSTON (BAHAMAS) LIMITED
Consolidated Balance Sheet

December 31, 2004, with corresponding figures for 2003
(Expressed in thousands of United States dollars)


Note 2004 2003


Assets

Cash and due from banks 6 $ 1,884 14,377
Interest earning deposits with banks 6 179,896 655,825
Trading account assets 4 & 6 769,471 570,331
Cash collateral 3 & 6 71,787 162,199
Securities purchased under agreements
to resell 15&6 414,231 476,468
Loans 5&6 753,180 492,071
Securities loaned 19,455 61,009
Receivable from brokers, dealers, clearing
organizations and customers 6 183,139 226,535
Fees receivable 723 325
Interest receivable 6 32,092 22,120
Investment securities 4 & 6 773,307 757,965
Other assets 7 & 6 50,470 55,643

$ 3,249,635 3,494,868

Liabilities and Shareholder's Equity
Liabilities:
Customers' time deposits 6 & 8 $ 1,001,597 1,548,897
Credit linked notes 16 251,583 27,857
Short-term borrowings 6 & 17 750,284 304,808
Trading account liabilities 4&6 726,437 379,831
Securities sold under agreement to repurchase 15 & 6 17,827 400,357
Securities borrowed 6 89,601 206,246
Payable to brokers, dealers, clearing
organizations and customers 6 74,010 241,710
Interest payable 6 22,691 19,387
Accrued expenses and other liabilities 6 23,617 20,832
Deferred income 3,106. 632
... 2,960,753 3,150,557.

Shareholder's equity:
Common shares: $1.00 par value, 16,916,518 shares
authorised, issued and outstanding 16,916 16,916
Additional paid-in capital 62,221 62,221
Retained earnings 209,745 265,174
288,882 344,311
Commitments and contingent liabilities 10 & 19

$ 3,249,635 3,494,868

See accompanying notes to consolidated balance sheet.


This consolidated balance sheet has been approved on behalf of the Board of Directors on May
26,2005 by the following:



f ^ .-- Director _Ditector
Antonio Quinte Craig Roberts







Notes to Consolidated Balance Sheet

December 31, 2004
(Expressed in thousands of United States dollars)



1. General information
Credit Suisse First Boston (Bahamas) Limited ("the Bank") is incorporated in The
Commonwealth of the Bahamas and operates under an unrestricted license granted by the
Central Bank of The Bahamas to carry on banking and trust business. The Bank is a wholly
owned subsidiary of Credit Suisse First Boston, whose headquarters is located in Zurich,
Switzerland. The ultimate parent company is the Credit Suisse Group also located in Zurich,
Switzerland.
The Bank's business activities comprise international banking transactions with emphasis on
investing and trading in primary and secondary international financial markets, asset
management, corporate finance, advisory and trust services.
The Bank also acts as administrator, manager and/or trading advisor for several funds and
earns administration, management, performance and advisory fees.
The Bank has extensive transactions and relationships with the Credit Suisse Group ("CS
Group") (see note 6).
The registered office of the Bank and the principal place of business is The Bahamas
Financial Centre, 4"' Floor, Shirley and Charlotte Streets, P.O. Box N-3721, Nassau,
Bahamas. The Bank has 10 employees (2003: 21).
2. Summary of significant accounting policies
2.1 Statement of Compliance
The Bank's consolidated balance sheet has been prepared in accordance with International
Financial Reporting Standards ("IFRS") promulgated by the International Accounting
Standards Board.


2.2 Basis of preparation
The consolidated balance sheet is prepared on a fair value basis for financial assets and
liabilities held for trading and available-for-sale assets, except those for which a reliable
measure of fair value is not available. Other financial assets and liabilities and non-financial
assets and liabilities are stated at amortised cost or historical cost.

2.3 Principles of consolidation
The consolidated balance sheet includes the financial statements of the Bank and its wholly-
owned subsidiaries, Credit Suisse Asset Management Ltd, incorporated in The Bahamas;
Brazilian Securities (Netherlands) B.V. ("Brazilian Securities"), incorporated in the
Netherlands 'and Brazil Fixed Income Investments (Netherlands) B.V. ("Brazil Fixed
Income"), incorporated in the Netherlands. All significant inter-company balances have been
eliminated on consolidation.


2.4 Financial instruments
(i) Classification
Trading account assets and liabilities are those that the Bank principally holds for the
purpose of short-term profit taking. Trading account assets include debt, equity and
derivative investments with a positive fair value. Trading account liabilities include
securities sold and not yet purchased and derivative instruments with a negative fair
value.
Originated loans are created by the Bank providing money to a debtor other than those
created with the intention of short-term profit taking. Originated loans comprise loans to
banks and customers.
Held-to-maturity assets are financial assets with fixed or determinable payments and
fixed maturity that the Bank has the intent and ability to hold to maturity. These include
certain debt investments and are included in investment securities in the consolidated
balance sheet.

Available-for-sale assets are financial assets that are not held for trading purposes,
originated by the Bank, or held to maturity. Available-for-sale instruments include equity
securities and shares of investment funds and are included in investment securities in the
consolidated balance sheet.
(ii) Recognition
The Bank recognizes financial assets held for trading and available for sale assets on the
date it commits to purchase the assets.
Held-to-maturity assets, loans and originated loans and receivables are recognized on the
day the Bank becomes a party to the contractual provisions of the instruments.
(iii) Measurement
Financial instruments are recorded on a trade date basis, and are measured initially at
cost, including transaction costs.
Subsequent to initial recognition all trading instruments and all available-for-sale assets
are measured at fair value, except that any instrument that does not have a quoted market
price in an active market and whose fair value cannot be reliably measured is stated at
cost including transaction costs, less impairment losses.
All originated loans and held-to-maturity assets are measured at amortized cost less
impairment losses. All non-trading financial liabilities are measured at amortized cost.
Amortized cost is calculated on the effective interest rate method. Premiums and
discounts, including initial transaction costs, are included in the carrying amount of the
related instrument and amortized based on the effective interest rate of the instrument.
(iv) Fair value measurement principles
The fair value of a trading position is generally calculated on the basis of quoted market
orices in the case of exchange-traded instruments. If listed market prices are not
available, fair value is determined based on other relevant factors, including price
quotations ascertained from brokers and price activity of similar instruments traded in
different markets. For certain derivative financial instruments, fair value is derived from
pricing models which take into account current market and contractual prices for the
underlying securities, as well as time value and volatility factors underlying the
positions.
(v) Derecognition
A financial asset is derecognized when the Bank loses control over the contractual rights
that comprise the asset. This occurs when the. rights are realized, expire or are
surrendered. A financial liability is derecognized when it is extinguished.
Available-for-sale assets and assets held for trading that are sold are derecognized and
corresponding receivables from the buyer for the payment are recognized as of the date
the Bank commits to sell the assets.
Held-to-maturity instruments and originated loans and receivables are derecognized on
the day they are settled or transferred by the Bank.
2.5 Foreign currency
The Bank's reporting currency is United States dollars ("USD"). The Bahamian dollar is the
currency of the country where the Bank is domiciled. .The reporting currency is the USD as
the Company's capital is denominated in USD and the USD is the prime operating currency.
Transactions in foreign currencies are translated to USD at the foreign exchange rates
prevailing at the dates of the transactions. Monetary assets and liabilities denominated in
currencies other than the USD are translated at the market exchange rates at the close of each
business day;
2.6 Cash and cash equivalents
Cash and cash equivalents include cash and due from banks and interest bearing deposits
with banks that have maturities of less than three months.
2.7 Securities financing arrangements
Securities purchased under agreements to resell ("resale agreements") and securities sold
under agreements to repurchase ("repurchase agreements") are treated as collateralised
financing transactions and are carried at their contractual amounts plus accrued interest
receivable and payable, respectively, as specified in the agreements.

2.8 Receivable from and payable to dealers, clearing organizations and customers
Purchases and sales of trading instruments are recorded by the Bank on a trade date basis.
These trades are usually settled in three business days through clearing organizations.
2.9 Securities loaned/borrowed
Investments lent under securities borrowing and lending arrangements continue to be
recognized in the balance sheet and are measured.in accordance with the accounting policy
for assets held for trading. Cash collateral placements in respect of securities borrowed are
recognized under cash collateral to banks.
2.10 Impairment losses
Financial assets are reviewed at each balance sheet date to determine whether there is
objective evidence of impairment. If any such indication exists, the assets recoverable
amount is estimated and the impairment loss is recognized.
Loans are carried net of provisions for impairment. The Bank provides for credit losses
based on regular and detailed analyses on each loan in the portfolio considering collateral
and counter party risk. If uncertainty exists as to the repayment of either principal or interest,
a provision is either established or adjusted accbrdingly.
The Bank considers a loan impaired when, based on current information and events, it is
probable that it will be unable to collect all amounts due according to the contractual terms
of the loan agreement.
2.11 Income tax
Brazilian Securities and Brazil Fixed Income, two of the Bank's subsidiaries, are subject to
income taxes in the Netherlands at a rate of 35% of net income. Current tax is the expected
tax payable on the taxable income for the year, using tax rates enacted or substantially
enacted at the balance .sheet date, and any adjustment to tax payable in respect of previous
years.
3. Cash collateral
Cash collateral represents cash held by related parties as collateral for certain trading account
liabilities and bears interest at 0% to 2% (2003 0% to 2%).
4. Trading account assets, investment securities and trading account liabilities

Note 2004 2003

Trading account assets
Brazilian treasury bills $ 168,127 34,297
Brady bonds 121 198
Other sovereign obligations 49,796 34,865
Corporate and bank debt securities 94,637 204,076
Corporate equity securities 186,623 198,230
Derivative financial instruments 10 240,407 74,662
Shares of investment funds 29,760 24,003

$ 769,471 570,331

Investment securities
Available-for-sale:
Corporate and bank debt securities $ 69,977 79,961
Shares of investment funds 330 209
70,307 80,170


Held-to-maturity:
Corporate and bank debt securities 703,000 677,795

$ 773,307 757,965
Trading account liabilities

Brady bonds $ 81,887 20,230
Other sovereign obligations 49,218 17,767
Corporate equity securities 13,864 105,723
Derivative financial instruments 10 551,096 210,662
Other 30,372 25,449

S 726,437 379,831
Fair value is determined using quoted market prices, where a price efficient and liquid
market exists. In the absence of such a market, the fair value is established on the basis of
valuation models. The carrying value of the held-to-maturity securities is estimated to
approximate fair value.


I '







THE TRIBUNE BUSINESS


WEDNESDAY, JUN.IE 200, PAGE 11B


A substantial portion of the Bank's loans consists of short-term collateralised financing
transactions, which are carried at their contract amounts with accrued interest recognized in
interest receivable. The maturity periods for loans denominated in USD range up to 3 years
and 7 months (2003: up to 13 months) and they bear interest at 0.75 % to 18.4 % (2003:
1.0375 % to 9.6%) per annum. At December 31, 2004, loans to non-affiliated companies
amounting to $332,230 were collateralized by securities with a market value of $396,987
(2003: $115,071 and $92,557 respectively).
No allowance for possible loss on the Bank's lending portfolio was considered necessary.
6. Related party balances
Related parties comprise CS Group companies. Transactions with related parties are entered
into on arms length terms.
Assets and liabilities arising from transactions with related parties were as follows:

2004 2003

Assets
Cash and due from banks $ 1,884 14,377
Interest earning deposits with banks 170,123 129,422
Trading account assets 174,580 30,352
Cash collateral 71.787 162,199
Securities purchased under agreements to resell 2,304 15,815
Loans 420,950 377,000
Receivable from brokers, dealers, clearing organizations
and customers 45,322 152,490
Interest receivable 18,507 15,003
Investment securities 772,977 757,756
Other assets 30,488 -
$ 1,708,922 1,654,414

Liabilities
Customers' time deposits $ 723,344 769,073
Short-term borrowings 657,000 303,779
Trading account liabilities 521,476 184,435
Securities sold under agreements to repurchase 10,928 297,524
Securities borrowed 68,323 148,914
Payable to brokers, dealers, clearing
organizations and customers 29,326 191,390
Interest payable 16,257 16,729
Accrued expenses and other liabilities 6,044 96
$ 2,032,698 1,911,940


7. Other assets
The Bank's wholly owned subsidiaries Brazilian Securities and Brazil Fixed Income, ("the
subsidiaries"), hold long warrant positions in a Brazilian Company. These warrants were due
to expire in April 2003. The warrants had a floating strike price. Due to discussions between
the Brazilian Company and the warrant holders on the final strike price, the Brazilian
Company pursued a CVM (Brazilian Securities and Exchange Commission) interpretation.
Initially, CVM interpretation supported the holders' interpretation but subsequently that
interpretation was changed by CVM Board of Commissioners. In accordance with this last
interpretation the warrants were effectively valued at zero. Based on legal advice, the
subsidiaries have decided to litigate directly through the Brazilian Courts against the
Brazilian Company. Considering the timing and expenses to be incurred until a final decision
is achieved the subsidiaries decided to reduce the carrying value of the warrants to $23,585
(2003 $28,807) and reclassify the warrants from trading assets to other. assets in the
consolidated balance sheet.
As part of the litigation process the subsidiaries deposited into an escrow account Brazilian
Reais 74,684 equivalent to US$25,735, which is the approximate value of the strike price of
the warrants. The deposit carried interest at Brazilian interbank deposit rate and the balance
at year end amounted to $33,276 (2003 $27,369). The interest receivable of $6,433 (2003 -
1,633) is included under interest receivable in the consolidated balance: sheet. This amount
is refundable in the event that the subsidiaries are unsuccessful in their claim. The deposit is
included in other assets in the consolidated balance sheet. The subsidiaries' legal and
compliance department and external counsel are of the opinion that the likelihood of a
favourable ruling is possible.
The Bank has provided $241 for litigation expenses as at December 31, 2004 (2003 $527).
8. Customers' time deposits ..
Customers' time deposits are received by the Bank to fund operating and investing activities.
Their maturity periods are up to 23 months (2003: up to 15 months) and they bear interest at
2.01% to 11.00% (2003: 0.82% to 11.00%) per annpm. .

9. Maturity analysis
The remaining life of significant assets and liabilities at December 31, 2004 is summarized
as follows:

Between 3
Less than months and More than
3 months I year 1 year Total

Assets
Cash and due from banks $ 1,884 1,884
Interest earning deposits with banks 108,864 69,732 1,300 179,896'
Trading account assets 384,166 110,596 274,709 .769,471
Cash collateral 71,787 71,787
Securities purchased
under agreements to resell 251,909 42,000 120,322 414,231
Loans 499,146 117,504 136,530 753,180
Securities loaned 19,455 19,455
Receivables from brokers,
dealers, clearing organizations
and customers 172,699 170 10,270 183,139
Fees receivable .723 723
Interest receivable 14,174 7,941 9,977 32,092
Investment securities 703,327 19,995 49,985 773,307
Other assets 24,153 476 : 25,841 50,470
$ .2,252,287 368,414. 628,934 3,249,635

Liabilities:

Customers' time deposits $ 364,773 9,775 .627,049 1,001,597
Credit linked notes 54,888 54,420 142,275 251,58.3
Short-term borrowings 750,284 750,284
Trading account liabilities 298,761 121,683 305,993 726,437
Securities sold under
agreements to repurchase 17,827 17,827
Securities loaned 89,601 89,601
Payable to brokers, dealers,
clearing organizations
and customers 71,564 2,446 74,010
Interest payable 1,425 565 20,701 22,691
Accrued expenses and
other liabilities 23,617 23,617
Deferred income 3,106 ... : ,''," .-... 3,106
$ 1,658,019 186,443 1,16,291 2,960,753
The equity securities included in trading account assets and liabilities have been classified as
maturing in less than three months from the balance sheet date.

Trading account assets (Brady bonds, other sovereign obligations and corporate and bank
debts securities) include certain securities, which have a stated miaturityof over 5 years from
the balance sheet date. These securities have been classified as maturing within three
months from the balance sheet date because the Bank holds them for trading purposes and is
able to sell them at any time.
10. Derivative financial instruments
A summary of the BanK's derivative financial asset and liability contracts outstanding at
December 31, 2004 is presented in the following table, showing the total of their absolute
notional values broken down by type, period of expected maturity and credit exposure
(represented by their fair values). The maximum possible credit exposure ifa counter-party
defaults on its contractual obligation is the fair value of the derivative financial assets. (See
note 4 for the fair value of derivative financial assets and liabilities).
Notional amount with remaining life of


Between 3
Less than months and More thiuM Fair
3 months I year : I year Total value

Interest rate contracts
Traded futures contracts bought 1,134,414 1,134,414 635
Traded futures contracts sold 177.316 177,316 (160)
Interest rate swaps bought 546,941 473.569 953,989 1;974,499 12,944
Interest rate swaps sold 871,267 246,910 811809 1,935,986 (19,405)
2,729.938 720.479 1,771,798 5,222,215 (5,986)

Foreign exchange contracts
OTC forward contracts bought 1,639,537 231,993 134,830 2,006,360 127,847
OTC forward contracts sold 1,932,541 665,477 757,538 3,355,556 (240,210)
OTC options bought 1,063,100 488,055 1,551,155 44,845
OTC options sold 959,100 1,089,737 20,000 2,068,837 (110,656)
Traded futures contracts bought 1.675,773 1,675,773 24,177
Traded futures contracts sold 3.048.387 3,048,387 (13,171)
Currency swaps bought 5,563 396,265 401,828 17,027
Currency swaps sold 218,487 654,792 873,279 (151,512)
10.318,438 2,699.312 1.963,425 14,981,175 (301,653)


Equity/index contracts
Traded options sold


15.615


- 15415. (1,42)


Equity swaps sold -.uao i: :.., Vi)
15,615 75,086 70,0 .9 4)

Bond contracts
OTC options bought 100,000 100,000 1.10
OTC options sold 100,000 100.000 (422)
Bond swaps bought 49,371 69,275 11. II. 11.752
Bond swaps sold L1 -. -. _; ,:. 61,J5 1 6. ., .4 ) (I
50,886 30426: 3' 312 7...

Total derivative financial assets Positive Fair Valueb 240,47
Total derivative financial liabilities Negative Fair Value (SSI,096)

The majority of the foreign exchange and futures contracts described above pertain to
Brazilian Real, United States dollar and Euro currencies.

11. Risk Management
(a) Market risk
Market risk is the potential unfavorable change in value of a financial instrument caused
by changes in interest rates, currency exchange rates, indices, volatilities, correlations,
liquidity or the fair values of the securities underlying the instrument. be. notional or
contract amounts are not reflected in the Bank's balance sheet and are indicative only of
the Bank's degree of use of derivatives. The Bank minimizes its exposure to market risk
through various control policies, including limits, monitoring procedures and Group
hedging strategies.


(b) Credit risk and concentration of credit risk
The credit ex )osure associated with derivatives is generally a fraction of the notional
value of the nstrument and is represented by the positive fair value of the derivative
instrument. "he Bank marks all derivative positions to market on a daily basis. The
Bank minimi: es its exposure to credit risk by dealing with creditworthy couiter-parties
and through ite use of collateral policies, offsetting arrangements and credit exposure
limits, based an the financial condition of the applicable counter-parties. The Bank's
most signific. nt industry concentration in OTC contracts is with financial institutions,
including ban,:s, brokers and dealers.

(c) Interest rate risk
The Bank manages its exposure to fluctuations in interest rates through the use of
appropriate hedging instruments including exchange traded and OTC derivative contracts
and government securities.
Net interest rate exposure is monitored and managed on a Group basis utiltzing various
control policies including limits and value-at-risk analysis.

(d) Foreign cz-rency risk
A significant amount of the Bank's off-balance sheet positions are denominated in
Brazilian Real. The risk is managed at the CSFB Group level. As of December 31, -.
2004, after considering the foreign currency balance sheet positions and the derivative
financial instruments the Bank did not have any significant net foreign currency
exposures, except for an $331 million net asset (2003: $56 million not liability) exposure
in Brazilian Reais.

12. Other information
The Bank provides management, administration and/or advisory services for several.
investment funds. The majority of tie funds are registered with the Securities Commission
of the Commonwealth of The Bahamas ("Securities Commission") and are regulated under.
the Investment Funds Act of 2003. Total assets and total net assets ofthe investment fuds-
at December 31, 2004 were $610,413 and $540,429 (2003: $-67,921 and $ 522,437)
respectively.

13. Fair value disclosure of financial instruments,
Fair value estimates are made at a specific point in.time, based on market conditions and
information of financial instruments. These estimates are subjective in nature and involve
uncertainties and matters of significant judgment and therefore, cannot be determined with
precision. Changes in assumptions could significantly affect the estimates.
Management estimates that the total fair value of financial assets and liabilities carried at
historical cost plus accrued interest do not differ materially from their carrying values given
that average effective interest rates approximate the current interest rates available to the
Bank for loans and placements and offered by the Bank for deposit liabilities with similar
maturities. Management does not consider there to be a significant difference between the
fair value of investment securities and their carrying value. The method of determining fair
value of trading account assets and liabilities is described in note 2.4.


14. Geographical analysis of assets and liabilities


The Bank's assets and liabilities originate from the fo~l0Wflowing hgeogra


2004:. 2003
Assets:
The Caribbean $ 697,935 31,2i07
Europe 841,359 567-641
South America 1,362,132 1,744,11
North America 348,209 21,904
3,249,635 : 3,494.86


Liabilities:
The Caribbean
Europe
South America


S 1,5889,8 4
463,415
51 616


:2,145,5S ;
48,01e
7 641


North America ... 49,:1 ::83 :1:;09,i347
$ 2,960,753 3,50,557


15. Securities financing arrangements
A significant amount of these transactions are in Brazilian Brady bonds, other Brazilian
sovereign instruments, Brazilian corporate and bank debt securities and Brazilian corporate
equity securities.
At December 31, 2004, the market value of the securities held as collateral for resale
agreements was $446,857 and the market value of securities given astcollateral for
repurchase agreements was $19,590 (2003: $524,919 and $510,369, respectively).


16. Credit linked notes
Credit and/or convertibility linked notes are fixed term obligations of the Bank. The
redemption of the notes is linked to one or more debt instruments or loans ("Reference ,
Instruments") issued by, or made to, one'or more sovereign, sub-sovereign or corporate
issuers or borrowers ("Reference Issuer(s)"). The Bank's obligation :to redeem the notes is
conditional upon the non-occurrence of a number of events, such as a payment default by a'
Reference Issuer in respect of a Reference Instrument or certain other debt obligations, or a
prohibition or restriction on the convertibility of the local proceeds of a Reference
Instrument into the currency of issue of the note. The redemption value of the notes may_
also be subject to adjustment for, among other things, changes in a Reference Issuer's
country, including tax changes, which increase the cost relating to the hedging arrangements
and the issuance and redemption of the notes. These notes are zero coupon notes that are
issued at a discount. The effective interest on these notes is based :on'the Reference
Instruments and period to maturity.


17. Short-term borrowings
Short-term borrowings represent an overdraft facility which was repaid on January 2, 2005
and related loans from a related company. The loans bear interest at 2.36% to 2.65% (2003-
1.08% to 3.36%). The loans are not collateralized.


18. Trust activities
The Bank provided trust services to individuals, trusts and other institutions in 2003,;:
whereby it holds and manages assets or invests funds received in various financial
instruments at the direction of the customer. Trust assets are not assets of the Bank and are
not recognized in the consolidated balance sheet. The Bank is not exposed to any credit risk.
relating to such transactions, as it does not guarantee these investments. The Bank did not
provide these services in 2004 (At December 31, 2003 the total assets held by the Bank oni
behalf of customers were approximately $74,000).


19. Commitments and contingent liabilities
Commitments and contingent liabilities have off balance-sheet credit risk because only ,
organization fees and accrualf for probable losses are recognized in the consolidated balance
sheet until the commitments are fulfilled or expired. As at December 31, 2004 the guarantees
issued to cover possible losses on loans and/or Eurobonds of clients were $292,626 (2003:,-
14,519).


- I I


-








PAGE 12B, WEDNESDAY, JUNE 8, 2005


THE TRIBUNE BUSINESS


KPMG
PO Box N 123
Montague Sterling Centre
East Bay Street
Nassau. Bahamas


Telephone 2423932007
Fax 242 393 1772
Intemet www.kpng.com.bs


AUDITORS' REPORT TO THE SHAREHOLDER

We have audited the accompanying balance sheet of Bank Hoftnann (Overseas) Limited at
December 31, 2004. This balance sheet is the responsibility of the Bank's management. Our
responsibility is to express an opinion on this balance sheet based on our audit.
We conducted our audit in accordance with International Standards on Auditing as promulgated
by the International Federation of Accountants. Those Standards require that we plan and
perform the audit to obtain reasonable assurance as to whether the balance sheet is free of
material misstatement. An audit includes examining, on a test basis, evidence supporting the
amounts and disclosures in the balance sheet. An audit also includes assessing the accounting
principles used and significant estimates made by management, as well as evaluating the overall
balance sheet presentation. We believe that our audit provides a reasonable basis for our opinion.
In our opinion, this balance sheet presents fairly, in all material respects, the financial position of
the Bank as of December 31, 2004 in accordance with International Financial Reporting
Standards as promulgated by the International Accounting Standards Board.




Chartered Accountants


Nassau, Bahamas
May 27, 2005



BANK HOFMANN (OVERSEAS) LIMITED
Balance Sheet

December 31, 2004, with corresponding figures for 2003
(Expressed in United States dollars)

2004 2003

Assets
Due from affiliates:
Demand deposits $ 4,282,854 4,906,976
Time deposits (note 3) 15,089,912 22,133,730
19,372,766 27,040,706

Due from customers and other banks:
Demand deposits 1,115 3,196,585
Time deposits (note 4) 3,008,696 4,801,293
3,009,811 7,997,878
Investment (note 5) 5,821,505 5,761,943
Accrued interest and other assets 123,594 240,616
Total Assets $ 28,327,676 41,041,143
Liabilities
Due to affiliates
Demand deposits $ 309,815
Time deposit 2,864,125 -
2,864,125 309,815
Due to customers and other banks:
Demand deposits 1,623,459 3,948,673
Time deposits (note 4) 15,990,241 28,752,171
17,613,700 32,700,844
Accrued interest and other liabilities 100,059 78,879
Total Liabailiies 20,577,884 33,089,538
Shareholder's Equity
Share capital:
Authorized, issued and fully paid -
3,000,000 shares ofBSl each 3,000,000 3,000,000
Retained earnings 4,749,792 4,951,605
Total Shareholder's Equity 7,749,792 7,951,605

Commitments (note 8)
Total Liabilities and Shareholder's Equity $S 28,327,676 41,041,143

See accompanying notes to balance sheet.
This balance sheet was approved on behalf of the Board of Directors on May 27, 2005 by the following:


Roger C. Huber

Paula T. Deleveaux


Director

Treasurer/Secretary


Notes to Balance Sheet

December 31, 2004

1. General
Bank Hofmann (Overseas) Limited ("the Bank"), is incorporated under the laws of the
Commonwealth of The Bahamas and is licensed by the Ministry of Finance of The Bahamas
to carry on banking business. The Bank is a wholly-owned subsidiary of Bank Hofinann AG,
Zurich, Switzerland, which is in turn 100% owned by Credit Suisse, Zurich, Switzerland.
Bank Hofmann AG and Credit Suisse and its subsidiaries are referred to in these financial
statements as "Affiliates".
The registered office of the Bank is in The Bahamas Financial Centre, Nassau, Bahamas.
The Bank employed 2 persons at December 31, 2004 (2003 2).
2. Significant accounting policies
(a) Accounting convention:
This balance sheet has been prepared in accordance with International Financial
Reporting Standards as promulgated by the International Accounting Standards Board
and under the historical cost convention.
(b) Foreign currency translation:
Management considers the reporting currency of the Bank to be United States dollars, as
this is the Bank's primary operating currency.
Assets and liabilities maintained in foreign currencies are translated into United States
dollars at the rates of exchange prevailing at the date of the balance sheet.
(c) Financial instruments
Classification
Cash and cash equivalents are short term "highly liquid investments". which are readily
convertible into known amounts of cash without notice and which are within three (3)
months of maturity when acquired.
Held-to-maturity investments are financial assets with fixed or determinable payments
and fixed maturity that the Bank has the positive intent and ability to hold to maturity.
The Investment in US Treasury Note is classified as a held-to-maturity investment.
Due from customers and other banks are considered to be loans and advances that are
originated by the Bank.
Recognition
The Bank recognizes financial instruments on the day it becomes a party to the
contractual provisions of the instruments.
Measurement
Financial instruments are measured initially at cost, including transaction costs.
Subsequent to initial recognition all held-to-maturity investments are carried at amortized
cost. Premiums are amortized over the remaining life of the instruments. Loans and
advances originated by the Bank are measured at amortised cost, less provisions for
losses as appropriate.
Derecognition
A financial asset is derecognised when the Bank loses control over the contractual rights
that comprise that asset. This occurs when the rights are realized, expire or are
surrendered. A financial liability is derecognised when it is extinguished.
Held-to-maturity instruments are derecognised on the day they are transferred by the
Bank.


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(d) Impairment
Financial assets are reviewed at each balance sheet date to determine whether there is
objective evidence of impairment. If any such indication exists, the asset's recoverable
amount is estimated. Provisions are established by charges against income and are
maintained at a level considered by the directors to be adequate to provide for potential
losses.
(e) Use of estimates
The preparation of a balance sheet in accordance with IFRS requires management to
make estimates and assumptions that affect the amounts reported in the 'balance
sheet and the accompanying notes. These estimates are based on relevant information
available at the balance sheet date and, as such, actual results could differ from those
estimates.
3. Due from Affiliates time deposits
Due from Affiliates time deposits earned interest at annual rates ranging from 0.65% 2.3%
at December 31, 2004 (2003 ranging from 1% 2%).
4. Due from/to customers and other banks time deposits
Due from customers and other banks time deposits earned interest at annual rates ranging
from 2.67313% 3.89675% at December 31, 2004 (2003 1.13% 2.07%).

Interest was paid on balances due to customers and other banks time deposits at annual rates
ranging from 0.15% 2.05% at December 31, 2004 (2003 0.405% to 2.07%).
5. Investment

2004 2003

US Treasury Note (inflation linked), earning interest
at the annual rate of 3.375%, maturing in 2007
(market value $6,377,381; 2003 $6,325,704) $ 5,821,505 5,761,943

6. Financial instruments
Interest rate, liquidity and currency risks
The Bank manages its exposure to interest rate changes, liquidity and currency risk related to
its portfolio of loans (Due from customers and other banks), asset and liability deposits by
maintaining a matched book of assets and liabilities by currency and maturity. Its objective is
to manage the impact of interest rate changes on earnings. Derivative financial instruments
(forward contracts) used by the Bank to manage currency risks for clients at the balance sheet
date were comprised of $7,443,472 (2003 $6,132,940) of purchase commitments and
$7,443,472 (2003 $6,132,940) of sale commitments.
Fair values
Due to their short terms to maturity, the carrying values of cash and cash equivalents are
considered to approximate their fair values.
Management estimates that the total fair values of deposit assets and liabilities do not differ
materially from their carrying values given that the average effective interest rates
approximate the current interest ates available to the Bank for loans and placements and
offered by the Bank for deposit liabilities with similar maturities.
The fair value of the investment is disclosed in note 5.

7. Maturities and concentrations of assets and liabilities
All time deposits due from and to Affiliates, customers and other banks are scheduled to
mature within one year.
Significant concentrations of assets and liabilities by geographical locations are as follows:

Switzerland Panama United States Other Total

ASSETS

Due from affiliates $ 18,626,194 630,535 116,037 19,372,766
Due from customers
and other banks 281,558 2,727,739 514 3,009,811
Investment 5,821,505 5,821,505
$ 18,907,752 2,727,739 6,452,040 116,551 28,204,082

LIABILITIES
Due to affiliates $ 2,864,125 2,864,125
Due to customers
and other banks 6,202,839 11,410,861 17,613,700
$ 2,864,125 6,202,839 11,410,861 20,477,825

8. Commitments
The Bank has arranged outstanding guarantees amounting to $2,124,558 (2003 $2,011,006)
on behalf of its clients,
9. Assets under management
The Bank manages assets on behalf of its clients. The assets are held for the account and risk
of the clients, and are therefore treated as off balance sheet items.
10. Subsequent event
The board of directors declared a dividend of $530,000 on January 25, 2005.








THE TRIBUNE BUSINESS


WEDNESDAY, JUNE 8, 2005, PAGE 138


JUNE 8, 2005


7:30 8:00 8:30 9:00 9:30 10:00 10:30

Cooking Under Patsy Cline: Sweet Dreams Still The Grand Ole Opry's Vintage Classics A collection John Denver:
B WPBT Fire "Welcome to C1 of performances from the television series; host Vince The Wildlife
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F WFOR n (CC) Queens Icky steals Sammy's Enough" Max investigates the disap-
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n. (CC) (DVS) Skyler. n (CC) killer of an FBI profiler. (N)
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E! Jackson Trial all of the answers when it comes to sex. ing some skin.
College Softball NCAA Tournament Championship Game 3-- Teams TBA. If necessary. Baseball Tonight'(Live) (CC)
ESPN From Oklahoma City. (Live) (CC)
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HALL Texas Ranger stop Cherokee youths taking arti- Amy Davidson. A widow and her granddaughter journey cross-country.
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(:00) JAG "In Law & Order: Special Victims Unit Law & Order: Special Victims Unit Law & Order: Special Victims Unit
USA Thin Air" (CC) "Limitations" A 5-year-old sexual as- An attorney is suspected of keeping Munch forms a bond with a sexually
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SWPIX Loves Raymond massages. (CC) that the cheerleaders are poisoning Tong, Jim Watkins, Sal Marchiano
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WSBK (CC) must choose be- Rita discover a Dame takes his first criminal case,
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(2004)'NR'(CC) new home. (CC) Swearengen. n (CC) cover about Wolcott. f (CC)
B(:45) THE WHOLE EN YARDS (2004, Comedy) Bruce Willis, ** STUCK ON YOU (2003, Comedy) Matt Damon,
H B O-W Matthew Perry, Amanda Peet. A mobster pursues a ,ured hit man and a Greg Kinnear, Eva Mendes. Conjoined twins star on a
:dentist. 'PG-13' (CC) TV show with Cher. f 'PG-13' (CC)


S(5:45) * THE RIGHT STUFF (1983, Drama) * A TIME TO KILL (1996, Drama) Sandra Bullock, Samuel L. Jack-
HBO-S Sam Shepard, Scott Glenn. The training of the United son, Matthew McConaughey. A lawyer's defense of a black man arouses
States' first astronauts. n 'PG' (CC) the Klan's ire. 'R' (CC)
(6:00) *** FACE/OFF (1997, NEW YORK MINUTE (2004, Comedy) Ashley *** SPIDER-MAN 2 (2004, Ac-
MAX-E Suspense) John Travolta, Nicolas Olsen, Mary-Kate Olsen. Premiere. Twin sisters spend tion) Tobey Maguire, Kirsten Dunst.
Cage, Joan Allen. t 'R'(CC) a wild day in Manhattan. n 'PG' (CC) 'PG-13' (CC)
(6:45) SPHERE (1998, Science Fiction) Dustin Hoff- *** BIG FISH (2003, Drama) Ewan McGregor, Albert Finney, Billy
MOMAX man, Sharon Stone. Experts investigate a spaceship Crudup. A young man investigates his father's tall tales. ft 'PG-13' (CC)
on the ocean floor., PG-13' (CC;
(:00) * THE PRINCE & ME (2004, Romance-Corn- * s REEFER MADNESS (2005, Musical Comedy) Kristen Bell, Christ-
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Danish prince fall in love. f, 'PG' (CC) road to ruin. ft 'R' (CC)
S(6:35)*** P * AGENT CODY BANKS (2003, Adventure) (:45) * THE ITALIAN JOB (2003, Suspense)
TMC (1998) Sean Gul- Frankie Muniz, Hilary Duff. A teenager leads a secret Mark Wahlberg, Charlize Theron. A thief and his crew
lette. f 'R' double-life as a spy for the CIA. n 'PG' (CC) plan to steal back their gold. n 'PG-13' (CC)


WOOFYO
S A S *


WEDNESDAY EVENING


rr~u.u"isusNii


I














Nadal steals spotlight from Federer at



Halle, but number one doesn't mind


* GERMANY
Halle


TOP-RANKED Roger Federer has been the
center of attention at the Gerry Weber Open the
past two years. That changed yesterday, according
to Associated Press
French Open champion Rafael Nadal created a
stir when he arrived at the grass-court tune-up for
Wimbledon, drawing an overflow crowd at an
afternoon press conference.
"I'm happy. People are interested in me," the
Spanish teenager said. "Nothing has changed for
me. People knew who I was, now more people
know who I am."
Federer, the two-time defending champion at
Halle, doesn't mind losing the spotlight to the
charismatic Spaniard.
"It's normal. He won a grand slam at 19, unbe-
lievable. Everyone wants to talk to him, to get to
know about him," said Federer, who survived a
first round scale Tuesday against Robin Soder-
ling, 6-7 (5), 7-6 (6), 6-4.
Nadal is out to prove the speed and athleticism
which generated a 24-match winning streak on
clay can translate to grass, which favors players
with a bigger serve and flatter strokes.
But the likes of John McEnroe are already say-
ing they haven't seen a teen as intimidating as
Nadal since Boris Becker in 1985 when he won the
first of his three Wimbledon titles.
"I'm feeling confident. This is an important tour-
nament for me. Maybe it's possible to win here,"
Nadal said. "At Paris, there was a lot of pressure on
me, I've played so many matches, but I feel good."
Nadal and Federer could meet in the semi-finals
at Halle, a repeat of their French Open match
won by Nadal in four sets. Some predict their rival-
ry will dominate tennis in the coming years.
"Could be, but other players might have a dif-
ferent opinion," said Federer, referring to some of
his old rivals like Andy Roddick and Lleyton
Hewitt.
Nadal first plays German wild card Alexander
Waske on Wednesday, He's not expected to win
Wimbledon right away, but the Spaniard has
already tasted modest success there. He reached
the third round two years ago; as a junior player he
made the semi-finals.
After winning the French Open, Nadal and Fed-
erer are tied with 665 in the ATP Entry Rank-
ings.
"I've won all my matches on clay and I've only
tied with Roger," Nadal said. "He's unbelievable
- one of the best players in history."
Federer was quick to return the compliment.
"He was the favorite going into the French
Open. That he handled the pressure and won -
hats off to him," Federer said.


* RUSSIA'S Maria Sharapova hits a forehand return during her
second-round match against Anne Kremer of Luxembourg at the
DFS Classic tennis tournament in Birmingham, England yesterday.
Sharapova, who is the reigning women's Wimbledon champion, won
the match 6-3, 6-0.
(AP Photo/Matt Dunham)


* AUSTRALIAN tennis player Lleyton Hewitt
returns the ball to Belgian player Xavier Malisse as they
play on the second day of the 2005 Stella Artois
Championships at the Queen's Club in London,
yesterday.
(AP Photo/Jane Mingay)


VOLLEYBALL
BSC SCHEDULE
The Baptist Sports Council will continue its
regular season action on Saturday at the Charles
W Saunders High School, Jean Street with the
following games: 10am New Bethlehem vs Gold-;
en Gates (15-and-under); 11am Zion East/Shirley
Street vs Golden Gates (Men); Noon Macedonia
vs New Bethlehem (15-and-under); 1pm Golden


Gates vs Macedonia (19-and-under); 2pm Gold-
en Gates vs Zion East/Shirley Street (Women);
3pm Golden Gates vs Macedonia (Men).
BASKETBALL
STREET LEGENDS
Tav~ies Roker scored a game high 17 points to
lead Kentucky Fried Chicken to a 54-51 victory
over Radisson Cable Beach on Monday night


at the Baillou Hills Sporting Complex.
Lou Johnson scored nine in a losing effort.
There were also two high school games played.
In one game, Prince William Falcons scored a
game-high 29 points as they soared over the
Dame Doris Johnson Mystic Marlins Blue team
39-29.
Hubert Hanna scored 11 in a losing effort.
The other game saw the CI Gibson Rattlers
blow out the Dame Doris Johnson gold team


34-15. Garreeno Mackey and Stanley Forbes
scored 15 and eight respectively in the win. Dean-
gelo Smith scored eight in the loss.
The tournament will continue tonight with the
following games on tap:
6 pm CR Walker vs Dame Doris Johnson gold.
7 pm Jordan Prince William vs Dame Doris
Johnson blue.
8 pm Mamedem vs Real Deal Shockers.
9 pm Stuart's Plaza vs Soldiers.


TRIBUNE SPORTS,;


PAGE 14B, WEDNESDAY, JUNE 8, 2005


SPOTSNOTS.+'PORS N TS SORT NTE














High hopes for




baseball future




in Bahamas


9"Copyrighted Material
Syndicated Contenti

Available from Commercial News Providers"


* NEIL Forstyh delivers a pitch to a Grand Bahama player during the Junior National Baseball
Championships Sunday night at the Andre Rodgers Baseball Stadium.
(Photo: Felipe Major/Tribune Sports)


* By BRENT STUBBS
Senior Sports Reporter
EVERY year, the Bahamas
Baseball Federation seemed to
be getting better and better with
the organising of the Junior
National Baseball Champi-
onships.
Federation president Greg
Burrows said the third annual
tournament, which this year
paid tribute to the late Andre
Rodgers, far exceeded their
expectations.
"I don't think it could be too
much better than this," said an
excited Burrows, as he sang the
praises of all those persons who
had assisted in making the event
a success.
"It ran smooth, we had a little
bit of baseball discussions, but
no controversies. That was a
first for us. I was proud of all
the teams, especially Long
Island and Spanish Wells and
how they stepped up and were a
force to reckon with."
As the founder and president
of the Freedom Farm Baseball
League, which hosted some of
the games, Burrows said he was
even more proud of their
achievement.
For the first time in the tour-
nament, Freedom Farm sent
four teams in five of the four
divisional championship game


and they came out with two
titles.
"I think they were the only
group or island that won two
gold medals," he said. "That's
telling you that everybody else
is catching up."
Tournament director Teddy
Sweeting, however, called it a
"love in action".
"What we achieved this week-
end was such a momentous
event that it's unspeakable," he
said. "What has taken place has
never been achieved in this
country in baseball.
"When you can assemble 27
or 28 teams in this country,
bringing seven islands together
is not an easy task. But we did it
and it bodes well for the future
of baseball in this country."

Expectation

What they experienced over
the weekend, according to
Sweeting, is only an indication
that the future of the sport is
on the right track.
"We're just getting ready to
explode."
One of the teams that defi-
nitely exploded was the Spanish
Wells Divers, behind the stel-
lar pitching of Dillon Albury.
In the 9-10 division, Albury
guided the Divers to a perfect


win-loss record.
Spanish Wells, who finished
last in the first tournament and
improved to third last year,
showed the most improvement
as they ended up winning this
year's title with a 4-2 decision
over Freedom Farm.
"Their pitcher dominated
that division with over 30 strike-
outs," said Sweeting about
Albury, who would have
emerged as the most outstand-
ing player in the tournament.
Sweeting said Burrows
deserves a lot of credit for
encouraging federation execu-
tives to focus on the develop-
ment of the Family Island asso-
ciations.
"What we look forward now
is next year. I think next year
will be even better because we
are in talks with three different
islands and getting their pro-
grammes up to speed," Sweet-
ing confirmed.
"So we're looking for any-
where from 5 to 10 teams being
added to this tournament. That
means that we will really have
to sit down and decide when
we're going to hold it.
"The three days that we are
currently holding it are not suf-
ficient time to host it. So we will
probably have to look at the
summer months, when school
is out."


Ministry recognition



for top young athlete


CARIFTA gold medal swim-
mer Alana Dillette has been
presented with a Pacesetter
Award by the Minister of
Youth, Sports and Culture for
her athletic achievements.
Neville Wisdom made the
award at the Ministry of Youth,
Sports and Culture as part of
Youth Month.
Mr Wisdom said that Alana,
who won 10 gold medals at the
recent Carifta swimming cham-
pionships, was a "prolific swim
champion".
Alana, a 17-year-old 12th
grade student at St. Andrews,
began her swimming career in
primary school.
To qualify, for the award, an
individual must have a good
academic report, exceptional
athletic performance and must
participate in community ser-
vice.
Alana has been on the hon-
our roll since the tenth grade.
As an 11th grader, Alana
passed Bahamas General Cer-
tificate Secondary Education
(BGCSE) exams in mathemat-
ics, economics, art, biology,
English literature, Spanish and
chemistry.
Alana is presently in the
"baccalaureate programme" at
St. Andrews.
She is the captain of Carib
House, class representative of
the Student Council, member
of the Christian Youth Group,
and chaplain of Future Business
Leaders of America.


Alana is a volunteer instruc-
tor in St. Andrews, Certified
Swim America Programme and
Discovery Camp. She also par-
ticipates in community activi-
ties within the Word of Life
Christian youth group.
Alana was named one of the
outstanding female athletes
while only a grade nine student.

Selected

At the 2004 Olympic Youth
Camp in Athens, Greece, Alana
was elected as the female rep-
resentative for The Bahamas by
the Bahamas Olympic Com-
mittee. The criteria for her
being chosen included out-
standing achievements in aca-
demics, athletics and commu-
nity service.
Alana swims the 50m, 100m
and 200m backstroke, the 100m,
200m and 400m freestyle, the
100m and 200m butterfly and
the 200m and 400m individual
medley.
She has participated in Carif-
ta since 2000, capturing gold,
silver and bronze medals. She
competed in the Caribbean
Island Swimming Champi-
onships (CISC) in 2000, 2002
and 2004, winning gold, silver
and bronze medals.
Alana was a member of The
Bahamas swim team at the 2003
International Pan Am Games
in Santo Domingo, Dominican
Republic.


In addition to being a swim-
mer, Alana is also involved in
track and field. She ran the
1,500m and 3,000m races at the
Carifta Games in 2002.
Alana is a member of St.
Andrew's track and field team.
She has won the 3,000m race at
the Bahamas Association of
Independent Secondary Schools
competition since 2003. She is
also a member of the inter-
house softball, swimming, vol-
leyball and soccer teams at her
school.
Alana was the 2002 champion
in the Bahamas national cross
country competition and placed
second in that event in 2003.
In the Grand Bahama Conch-
man triathlon, Alana was the
overall ladies champion in 2002
and 2003, with the fastest time
in swimming and cycling. She
was the age group champion
from 1993 to 2001.
Upon graduation, Alana
intends to attend Auburn Uni-
versity and study Hotel Man-
agement. She also intends to
continue swimming.
"Sports are important
because it shows a person how
to do extracurricular activities
and maintain a balance," she
said.
Al Dillette, Press Secretary
for Prime Minister the Rt. Hon.
Perry G Christie, is Alana's
father.
"It is a pleasure to see her
excel. She deserves it because of
hard work," he said.


WEDNESDAY, JUNE 8, 2005, PAGE 15B


TRIBUNE SPORTS


. i Now-










WEDNESDAY, JUNE 8, 2005


SECTION





Fax: (242) 328-2398
E-Mail: sports@100jamz.com


MIAMI HERALD SPORTS


The Cinderella stadium


* by KELSIE JOHNSON
Junior sports reporter
THE reconstruction of the Thomas A
Robinson stadium has become a "rags to
riches" story for the Bahamas.
The stadium, which has for years been
due for renovations, is finally receiving a
facelift that not only Bahamian athletes
can enjoy, but all Bahamians can be proud
of.
The Cinderella-like renovation process
will be ready for action on June 17 days
before the Bahamas Association of Ath-
letic Associations (BAAA) national
championships.
The stadium, which was constructed in
1965, at a cost of 30,000 ($100,000) is
being beautified to host the biggest region-
al games, the Central American and
Caribbean (CAC) championships. The
track was named after Thomas A Robin-
son in April 211981.
It was built on January 28 1966 so
Bahamian athletes could train for the
Commonwealth Games in Jamaica.
The government has assigned
four contracting companies to
restore the track and field stadium,
with Benyon Company of Hunt
Valley, Maryland being awarded the con-


tract for repairing the running surface.
The four contracting companies were
given various tasks by the government,
to ensure that the stadium is completed
for the games' set date, July 8-11.\

Contractors

Yesterday, The Tribune spoke to two of
the contracting companies which were
granted the contract for renovation.
Terrance Dean, project supervisor of
RanMar construction company, started
working on the project last week, with
the final work day set for June 17.
RanMar will upgrade all the bathrooms
in the complex, the VIP lounge seating
area and the foyer.
For Dean, the work in the bathroom
was not as strenuous as expected, due to
the late improvements. "The bathrooms
weren't in a devastating condition, the
plumbing system was recently installed.
It wasn't that old, it was just a matter of
fixing all the bathrooms up.
"We aren't doing to much work on the
VIP lounge, or the seating aWei. I know we
had to remove the ladder, ich allows
persons from the press to, ess the roof
from the northern side Because it. was


obstructing the view of the 100m line.
"Our workers are on site from 7am until
7pm to ensure completion."
Watson construction is responsible for
all field event areas. Crew workers will
have to rebuild the two throwing circles,
switching the location of the shot putt and
discuss circles. Watson workers will also
have the responsibility of building two
new runways for pole vault.
According to the owner of the con-
struction company, the work is not easy,
but staff are working extremely hard to
meet the deadline.
In order to build a new discus circle,
workers had to excavate the ground
approximately five feet in front of the old
shot putt circle. Steel wires were placed
inside the circles before it was tightly
packed with concrete.
The layout for the circle will begin next
week, with contractors awaiting .plans
from the architects.
The location of the two circles had to be
changed to ensure the safety of all ath-
letes. The location of the last circle has not
been revealed.
The last time any renovations were done
to the track was in 2000, for the hosting of
the Carifta games. Little work was done to
the surfacing of the track itself.


Johnson picks


up his award



from Dame Ivy


* VETERAN skipper Eleazor 'The Sailing Barber' Johnson shakes hand with Governor General Dame Ivy Dumont
(Photo: Feline Major/Tribune Sports)


By BRENT STUBBS
Senior Sports Reporter
ELEAZOR "Sailing Barber" John-
son was as "proud as a peacock" yes-
terday as he entered the halls of Gov-
ernment House.
Dressed in a blue Androsian print
shirt, the legendary skipper attended
Government House to receive the
Governor's Cup for his first B Class
victory in 18 years at the National
Family Island Regatta in George-
town, Exuma in April.
Governor General, Dame Ivy
Dumont, said she was delighted to
present the crystal cup to Johnson,
Whom she had heard so much about,
but only met for the first time, after
his "lady in red", Lady Nathalie, won
for the first time.
"I understand that you were not
willing to take it from any other
hands," said Dumont as she made the
presentation. "It's a delight for me to
do this.
"I know you're a veteran of many,


many regattas and this is the first time
that I'm meeting you. So cohgratula-
tions to you."
Johnson said it was his honor to be
at Government House.
"I was born in the Bahamas and
by rights, I feel like I should get it
from you," said Johnson, causing
Dame Ivy to break out in a giggle.
"For 18 years, I got a lot of beating,
but I never quit. I never won this one.
So I told them, I will make it different.
I will take it from Exuma on the grass
and bring it to Government House."
"I'm so glad that I'm the one to
present it to you," she stressed.
Johnson continued to say that after
he came from Exuma, he went to
Long Island to "beat them up".
But before he could continue,
Dumont quickly interjected: "Now
you know you shouldn't have done
that."
Dumont then encouraged Johnson
to enjoy his accolades and advised
him to put the cup in a place where
everyone can see it.


Tk. "

Th ,i itne


- I - -- --


- : '


*CONTRACTORS hard at work to get the stadium
finished in time for the deadline for the hosting of the
__ Central American and Caribbean Games
(Photos: Felipg Major/Tribune Sports)
.^---------------I








* ENTERTAINMENT


A
~


WEDNESDAY, JUNE 8, 2005


In


Memory


Hemingway still sets thepace for simple prose


For young newsmen
of the early 1960s,
Hemingway was
THE MAN. His
crisp, bare prose
set the standard we all strived
for. Adjectives were for the
faint-hearted. Real writers did-
n't need them.
Browbeaten by sadistic news
editors, ridiculed by abrasive
sub-editors, we cut and
trimmed and burnished our
text until it was sharper and
shinier than a claymore. Every
word had a job to do. Redun-
dant ones went into the bin
with the used coffee cups.
And then we'd ask ourselves:
What would Papa have thought
of this?


The prevailing wisdom was
that all journalists must write
like Hemingway, whose repu-
tation was at its height in the
late 1950s after he won the
Nobel Prize for Literature and
became the acknowledged
father-figure of American fic-
tion. He was every scribe's role
model, the master of raw,
stripped-down prose.
Idol
Economy and clarity were
the watchwords in those days,
with no frippery and no frills.
Wordy, impenetrable tracts
were for the academics. Hem-
ingway was the idol whose style
we ached to emulate. He made


In Bimini, they still honour Ernest 'Papa' Hemingway,

the great American writer who was also a noted man

of action. As Key West in Florida prepares to erect a

statue to its most famous resident,JOHN MARQUIS

pays homage to the novelist and reassesses the

sensitive, tortured figure who lay behind the work.


the pace. Everyone else fol-
lowed.
Times change. Today, Hem-
ingway is less fashionable than
he was. Adjectives are back in
style and Papa's spare, staccato


prose is not seen as quite so
admirable now. 'Less is more'
is all very well, but there is a
limit. Sometimes he went
beyond-it.
However, his place in litera-


ture is assured, and The
Bahamas will always command
a prominent place in any story
of his life. In Bimini, they speak
fondly of the big bearded bear
who swigged whisky at the
local bar, bragged of his catch-
es and offered to fight any man
who fancied his chances. Island
folklore is dominated by his
considerable presence.
Key West's decision to erect
a life-size bronze statue to
mark his 106th birthday on July
21 is long overdue. His decade
there produced To Have and
Have Not, the only Heming-
way novel set in the United
States, and helped establish his
image as a macho, big game
fisherman, as well as one of the
most accomplished novelists of
the century.
Writer
The bronze, by acclaimed
international artist Terry Jones,
will be unveiled at the Key
West Museum of Art and His-
tory during the island's annual
Hemingway Days celebration
between July 19-24. Also, an
exhibition of photographs, arte-
facts, letters and documents
will recall the years 1928-39,
when the writer lived in Key
West and was known to all its
residents.
As usual, the town will host
the Papa Hemingway looka-
like contest, when fat bearded,
bespectacled characters from
all over America will be on
hand to impersonate the mae-
stro. And his grand-daughter
Lorian, herself a noted author,
will be there to add a genuine
Hemingway touch to the pro-
ceedings.
Today, Papa the tough-talk-
ing bruiser is actually as promi-
nent in. the public mind as the
prize-winning novelist. One
wonders how many of the imi-
tators flexing their biceps in
Key West next motith will have
actually read his books.
Where does Hemingway.
* stand in American literature
now that new layers of talent
have been added to the pan-
theon since his heyday? There
is no doubt that For Whom the
Bell Tolls, his masterpiece
about the Spanish Civil War,
will retain its place among the
20th century's finest novels.
A Farewell to Arms, based
on his experiences as an ambu-
lance driver in the First World
War, and The Old Man and
The Sea, his splendid novella
about a Cuban fisherman, will
also stand the test of time.
One of my personal
favourites,.A Moveable Feast, is
a memoir covering his young
days in Paris when his literary
career first took shape. But,
like most novelists, he wrote a
few books best forgotten and
some journalism which was not
as great as his admirers
claimed. Like all of us, he had
his imperfections.
It's Hemingway the enigma I
find most fascinating. Why did
such a talented man strive so
hard to camouflage his natural


sensitivity with an overlay of
embarrassingly overdone
machismo?
Hemingway spent much of
his life beating his chest and
flexing his muscles. He wanted
desperately to be recognised
as a big-game hunter and box-
ing afficionado.
In fact, he was always don-
ning gloves to spar with friends,
sometimes getting himself
knocked senseless in the
process. Proving himself to oth-
ers was an obsession.
Being a writer, with all the
powers of perception and acute
sensitivity that implies, never
seemed to be quite enough for
him.
Those who struggle so hard
to be he-men and fabled wom-
anisers have always been some-
what suspect in my estimation.
And there was something in
Hemingway's eyes that hinted
at ambivalence. Perhaps it was
the result of his mother always
insisting on dressing him as girl
in his early boyhood. Heming-
way's face suggested unre-
solved inner conflicts. I always
felt he was never quite the man
he wanted to be.
Whatever, he could certainly
write...and his place alongside
William Faulkner, his friend F
Scott Fitzgerald, and John
Steinbeck two of them fellow
Nobel laureates is secure for
as long as good books remain
important for the enlightened
and discerning.
I remember the morning,
during the summer of 1961,
when the awful news came
through. I was a cub-reporter
on an evening newspaper in
England, still trying to hone my
prose like Papa, when I heard
that he had blown his own head
off with a shotgun.
Talent
Physically battered from a
.lifetime of hazardous pursuits,
his talent blurred by booze,
Papa put the barrel to his head
and pulled the trigger.
"I can't write, I can't have
fun in bed anymore, what's to
live for?" he apparently asked
a friend in the weeks preceding
his suicide, as his once moun-
tainous figure became a shuf-
fling wreck.
He was 61 at the time, as old
as the century, and he looked
every inch the grizzled ancient
at the end, even though 61
sounds ridiculously young for
such doleful resignation nowa-
days.
The newsroom where I
worked fell silent. One
reporter, a Hemingway fanatic,
actually cried. "I can't believe
he would do that," he said,
"not Papa. He wasn't that kind
of man."
For me, Hemingway lives on
as a kind of journalistic mentor.
I still scan my text for super-
fluous words, trimming here,
chopping there, wondering how
he would have done it.
Just one word of approval
from the master would have
been enough.


'Consumption,


* ARTIST Desmond Darville is hoping to snag attention with fork tines, bits of tin can, a protruding water pump.
In "Self Expressions", Darville presents mixed-media work that grabs attention with 3-D objects before drawing
viewers deeper into his work. Pictured above is one of his pieces called "Consumption".
See full story and picture on Page 2C.
(Photo by Felip6 Major/Tribune Staff)


IONS


* MUSIC


::I


f








PAGE 2C, WEDNESDAY, JUNE 8, 2005


THE TRIBUNE


..a.r


* By JANICE MATHER
Artist Desmond
S Darville is
hoping to snag
attention with
fork tines, bits
of tin can, a protruding water
pump.
In "Self Expressions",
Darville presents mixed-media
work that grabs attention with
3-D objects before drawing
viewers deeper into his work.
According to the artist, his
technique of marrying familiar
objects part of a Converse
tennis shoe, a door handle -
may be the way to grab the
attention of viewers who aren't
art collectors or experts,
according to Darville, whose
exhibition opens 6pm Friday
and shows for the next four to
six weeks at Segafredo Cafe,
Charlotte St North.

Appeal
"Everybody can be familiar
with the art, by stuff that they
use every day," says Darville,
adding that the objects which
give his work a three-dimen-
sional appeal also make the art
seem like part of their every-
day activities.
"People who don't really
know art would say, 'oh it's just
splashes'. I'm...putting stuff


that they're actually accus-
tomed to using so they could
actually' have some hands-on
grasp (of the work). They can
see I use this every day, 'I get
in my house with this door, I
eat with a fork', so they can
merge into actually feeling the
colours that go along with that.
It appeases the person to look
deeper into the painting."
Background
While the background of his
mixed-media work consists of
patchwork-inspired canvas and
burlap in a combination of
colours, they are foregrounded
by familiar bits and pieces a
water pump, a tennis shoe, part
of an old-style door handle.
"I thought, it was foolish, but
it just might work," he told The
Arts.
"Self Expression", Darville's
first solo show, also signals for
the artist a move away from
realism, and towards incorpo-
rating the familiar in less famil-
iar ways.
"People have invented every
way to paint a poincianna
tree," he says.
"I wanted to get the colour
of a poincianna bloom and
incorporate it into a mixed-
media field where I could have
my own style, but still have that
Bahamian feel."


Maria Full of Grace will
be screened on Thursday, June
9, 7.45pm at the National Art
Gallery of the Bahamas, West
and West Hill Sts. Maria is a
Colombian teenager who, for a
large paycheque, agrees to be a
mule for drug runners. She has
to swallow dozens of thumb-
sized capsules of heroin and
smuggle them into New York,
but not everything goes as
planned.
Discussants following the
screening will be Tamico
Gilbert of Amnesty Interna-
tional and Jessica Minnis of the
College of the Bahamas.
Admission is free. Refresh-
ments will be on sale. The film
is not appropriate for children.
Maria Full of Grace is part of
the Wide Angle cinema pro-
gramme by the National Art
Gallery of the Bahamas in col-
laboration with the School of
English Studies.

Self Expressions, an exhi-
bition of mixed media works
by artist Desmond Darville
opens on Friday, June 10, 6pm-
9pm at Segafredo Cafe, Char-
lotte St North.

Bahamian artist and black-
smith Tyrone Ferguson will
conduct the second part of a
welding and shaping metal
workshop during the National
Art Gallery's Youth Workshop
weries on Saturday, June 11.
Participants in the Metal
Workshop will assist in the con-
struction of a metal door that
will be installed at the gallery.
This workshop will be held at
NAGB, West and West Hill
Sts and is for children between
the ages of 10 and 18. It will
run from 10am-lpm each Sat-


urday. Cost: $5 (members) and
$8 (non-members).
Call 328-5800 to reserve a
space for your child.
.... An Evening of.Sacred
Music will be held on Thurs-
day, June 16 at Christ Church
Cathedral, beginnig at 8pm.
Featured performers include
Jamie Sturrup, Leon Wilson,
Allyson Dean, Chorale Ensem-
ble, GHS Hand Bell Ensem-
ble, Kendrick Coleby, Kristi
King, Donniecea Rahming,
Geoffrey Sturrup, Dishon
Rolle and Strings .n' T'ings.
Artists will be interperting
works by Bach, Purcell, Han-
del, Mozart, Andrew Lloyd
Webber and others.
The concert is part of a serie
by the Artists Guild Interna-
tional, which seeks to promot-
ed young talented musicians.
The event is free of charge,
however an offering will be col-
lected to defray expenses.

Christopher Cozier, an
exhibition of drawings and a
series of prints runs until June
17 @ New Providence Art &
Antiques, Bank Lane. Time:
11am 5pm. Christopher Cozi-
er is an artist and writer living
in Trinidad. His work explores
the ambitions, hopes, and con-
tradictions of Caribbean society
in the post-colonial era.
Cozier's work has consisted of
multimedia projects involving
sound, video, live performances
and installations, including
drawings, constructions and
appropriated objects. For more
information call 328-7916 or
visit www.npartantiques.com

Bahamian artist Holly
Parotti (pictured) will conduct


* "CONSUMPTION" by Desmond Darville.


(Photo by Felip6 Major/Tribune Staff)


a medium specialist workshop
in etching on Monday, June 13
and Tuesday, June 14, 6pm-
9pm at Room T-24, The Col-
lege of the Bahamas.
The workshop is part of the
National Art Gallery of the
Bahamas public programming
schedule and is geared towards
practicing artists and those with
a keen interest in art making.
This series is designed to pro-
vide an in-depth, hands-on
experience in a specific
media or process of art pro-
duction.
Call 328-5800 to reserve a
space. $35 non-members, $25
members.

LeRoy Clarke, interna-
tionally renowned artist of
Trinidad, is the upcoming fea-
tured "Artist and Critic" in the
National Art Gallery of the
Bahamas' special series.
Clarke, a teacher and self-
taught artists, will talk about
his work at the NAGB on June
21, 7.30pm and will meet pri-
vately with local artists in-stu-
dio on Tuesday, June 21 and
Wednesday, June 22. Please
call the NAGB at 328-5800/1
for more information.

The National Collection
@ the National Art Gallery of
the Bahamas, an exhibition
that takes the viewer on a jour-
ney through the history of fine
art in the Bahamas.
It features signature pieces
from the national collection,
including recent acquisitions by
Blue Curry, Antonius Roberts
and Dionne Benjamin-Smith.
Call 328-5800 to book tours.

Past, Present and Person-
al: The Dawn Davies Collec-
tion @ the National Art
Gallery of the Bahamas, Villa
Doyle, West and West Hill
Streets. The exhibition is part
of the NAGB's Collector's
Series. Call 328-5800 to book
tours.

The Awakening Land-
scape: The Nassau Water-
colours of Gaspard Le Marc-
hand Tupper, from the collec-


Celebrating Bahamian



and US independence


THE Governors General
Independence Concert Series
at Christ Church Cathedral,
celebrating Bahamian and US
independence, begins July 1
with a recital by organist
Matthew Steynor.
Steynor, a former organist
at Christ Church Cathedral,
will play selections from the
music of American com-
posers, in celebration of inde-
pendence in the US.
On July .10, Cleveland
Williams, renowned Bahami-
an Baritone and an alumnus
of Christ Church Cathedral
Men and Boys' Choir, will
perform in concert accompa-
nied by accomplished pianist
Lee Callender. His voice
recital will be a musical trib-
ute to Bahamian Indepen-
dence.
The proceeds from both of
the July 2005 recitals will be
donated to the medical fund
of Donald Campbell, a faith-
ful member of the cathedral's
music department, who has
just undergone back surgery
and will require extensive
rehabilitation.


tion of Orjan and Amanda Lin-
droth @ the National Art
Gallery of the Bahamas.
The mid-nineteenth century
paintings that make up the
exhibition are part of one of
the earliest suites of paintings
of Nassau and its environs.
Tupper was a British mili-
tary officer stationed at Fort
Charlotte in the 1850s.
The works show a pre-mod-
ern Bahamas through the
decidedly British medium of
watercolour.
Call 328-5800 to book tours.


The GGICS is planned as
an annual event to fall
between the American and
Bahamian independence cel-
ebrations.




The proceeds
from both of
the July 2005
recitals will be
donated to the
medical fund
of Donald
Campbell



The concert series will also
incorporate a summer choral
workshop and lectures.
The summer workshop
runs from June 20 July 8


under the direction of Cleve-
land Williams and will fea-
ture evening sessions and
individual daytime classes for
choristers.
Workshop participants will
.perform in a concert on Fri-
day, July 8 at Christ Church
Cathedral.
On Tuesday, July 5, 1pm,
Dr Nicolette Bethel will
speak on, "The Musical Lega-
cy of E Clement Bethel", at
the British Colonial Hilton;
Lee Callender will deliver a
talk on "The Musical Legacy
of Timothy Gibson", on
Wednesday, July 6, 1pm at
the British Colonial Hilton;
and, Winston Saunders will
speak on "Heritage: What it
is, What it isn't" on Thurs-
day, July 7, 1pm at the BC
Hilton.
The events are under the
patronage of all surviving
Governors General, and The
US Ambassador. The concert
series is part of the Cathe-
dral's efforts to preserve its:
legacy as a significant sup-
porter of the arts in general
and music in particular.


* CHRISTOPHER COZIER


Share your news
The Tribune wants to hear
from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an ., :
award.
If so, call us on 322-1986
and share your story.


TH AT


arts brief


~^~~~IL~"IUI.*UI~~M"""~~~l*T...lin)ly-















Artist: Bahamian audience


still


'iffy'


on nude concept


* By PETURA BURROWS
Tribune Feature Writer
S ceneries. Children sitting
underneath the shade of
tamarind trees. Beautiful
picturesque beaches.
Warm sunrises. Romantic
sunsets. These are some images that
are considered socially acceptable
when it comes to art in the Bahamas.
But some Bahamian aritsts are
challenging this norm.
For one female oil painter, Nicole
Collie, artistic talent is dedicated to a
celebration of the female form. And
she is doing so in a way that some
have labelled inappropriate even
going as far as referring to her work as
pornography.
But the artist doesn't agree with
any of these terms. She describes her
work only as "Bahamian risqu6".
While Collie says that nude painting
is nothing new to art connoisseurs,
who would be familiar with master-
pieces like Edouard Manet's Olympia
(a painting of a reclining nude
woman, attended by a maid and a
black cat, gazing mysteriously at the
viewer), she says that the Bahamian
audience is still "iffy" on the concept
of nudes.
Exhibition
Recalling her first nude exhibition
three years ago, Collie tells The Arts:
"It was very difficult for me to have
my first show because I am a woman,
I am living in the Bahamas, and we
are still very primitive as far as the
way we think about nudity and sexu-
ality and that stuff here in this coun-
try.
"I was scared to death scared to
death because it's my artwork, scared
to death because it is nude, scared to
death because we are living in Nassau
and it's nudes, scared to death
because my father is a very private
man and he wanted to know why I
can't just paint sceneries like every-


body else."
That first exhibition, held three
years ago, consisted of nude paint-
ings of'both males and females (with-
out painting genitalia), but since then,
her focus has been representing only
the female frame.
"Women are easier to paint.
Women are easier to get along with,"
she explains jokingly. "But I really
got into (painting) women because
we need to glorify ourselves more and
pat ourselves on the back more."
The Tribune attended the opening
of the recent joint exhibition by Col-
lie and fellow painter, Lemero
Wright, Split Personality, held at the
Central Bank of the Bahamas on May
19. Twenty-nine of her controversial
nude paintings were on display.
Accomplish
Of her latest exhibition, she says: "I
am putting myself really out there
with this one. I am putting myself out
there big time and I'm a very private
person. I don't like people knowing
who I am and what I'm about on one
hand. And on the other hand, I am
very proud of what I've been able to
accomplish."
With no formal training in paint-
ing, Collie believes that art is a gift
that God has given to her.
"So I just tell people, you use your
talents the best way you know how.
There's nothing wrong with a nude
body as far as I'm concerned, in what-
ever shape, size we need to love our-
selves for who we are. And this,
putting ourselves on display (through
art), helps us to really know who we
are."
While she admits that some
Bahamians may not like the fact that
she paints nudes, she says that they
should at least be tolerant that she is
doing something that she is not
ashamed of.
"So if it comes back to me and peo-
ple say something negative to me, I
can hear it and I can appreciate it -


okay, that's not something
want in your house but I'
the negativity behind," she
Moody would be one
describe many of the image
paintings. From jubilant
reflective, to sorrowful, Col
all have personality.
Pointing to a purple a
painting mounted on thi
Bank wall, she explains:
mood. I was really, really
try to paint that."
Focus
Shifting her focus further
room, Collie continues: "
one over there, in the green
a woman smiling, I was h


* NICOLE Collie stands beside one of her nude paintings.

g that you day. And so it just goes with how I'm About Life. And I guess that's what
m leaving feeling at that time, and where I am at my whole thing is, life."
says. in my life While she says that she is comfort-
e way to Of all her nudes, though, none car- able painting nude women, it was not
ges in her ries more emotional attachment than something that she always saw herself
faces, to one that she painted as her grand- doing. In fact, she was adamant that
lie's nudes mother was dying, in January of last she would not paint a naked body:
year. As a student years ago at St
ind black Andrew's School, she "swore up and
e Central Elemenits down" to her art instructor that she
"It's my would never paint nudes, and that
sad. So I The painting has several elements. she would never want to get used to
Looking at it sideways, the viewer seeing a naked body.


across the
Then the
n paint, of
appy that


notices.an African face. There is a
bird and a female figure with a tear, Design
and an actual orchid petal incorpo-
rated into.the work. "So, it came down to where I went
"It was a hard painting for me," to a graphic design school and we had
she recalls, because it was my grand- a nude painting class. And that's all
mpt1qp.lying). It was called It's I've been doing since," says the artist.


'Connecting Purpose,



Passion and Productivity'


THE first international dia-
logue on the Festival in the
Workplace, a move to bring
the dedication and creativity
found in the arts into the work-
place, will be held June 16-18
under the theme, "Connecting
Purpose, Passion and Produc-
tivity".
Peter Block, international
management consultant and
author and Jeannine Comma,
CEO of the Centre for Man-
agement Development /UWI,
Cave Hill, Barbados, will join
Management Development
Resources president, Roosevelt
Finlayson and his associate
Michael Diggiss as conveners
of the event.
Session facilitators will
include Kwame Charles, direc-
tor, Quality Consultants based
in Trinidad, and Mr Diggiss.
The purpose of the Dialogue
is, "To create a learning envi-
ronment where participants can
experience and understand the
transforming power,of festivals
and the arts and learn how to
develop a culture where people
choose to do their best work
and experience joy, meaning
and fulfillment."
Local guest presenters will
include Barry Rassin, president
and CEO of Doctors Hospital;
DeCosta Bethel, assistant gen-
eral manager, BEC; Philip
Simon, executive director, The
Chamber of Commerce; Clint
Kemp, Pastor, New Providence
Community Church; Arlene
Nash-Ferguson, founder of
EduCulture; Jackson Burnside,
president, Jackson Burnside
Ltd; Winston "Gus" Cooper,
leader, The Valley Boys
Junkanoo Organisation and
Percy "Vola" Francis, leader,
Saxons Superstars Junkanoo
Organisation.
International guests will
include Pat Bishop, head of the
Carnival Institute of Trinidad
and Tobago; Hollis "Chalk-
dust" Liverpool, calypsonian,
author and professor at the
.University of the Virgin
Islands; Alwin Bully, sub-
regional adviser for culture in
the Caribbean, UNESCO; Ilma
Barros, organisational devel-


Firi n Srnt nlg


opment consultant, Federation
of Industries of the State of
Panara, Brazil; Marie Beytell,
industrial theatre specialist,
Miracle Productions, South
Africa; and Alexander Kjerulf,
founder, Happiness at Work
Project, Denmark.
Mr Finlayson describes Fes-
tival in the Workplace as, "A
home grown approach to
organisational improvement
that encourages our leaders in
the public and private sectors
to look out of the windows of


"Although focused
on the transformation
of people and an
organisation's culture,
FITW, when applied
in an organisation,
will also help
managers and staff
to also improve
communication,
develop more
collaboration and
celebrate differences."
MDR statement


their organisations and see the
lessons from our culture that
can help them to effectively
address business critical issues."
Mr Finlayson has shared the
FITW process with groups in
Washington, DC, Boston, New.
York, Seattle, Hawaii, India,
Barbados, Trinidad, US Virgin
Islands and Brazil. He says that
the international audience finds
the FITW process intriguing
and appealing.
FITW is a personal and
organisational transformation'
process based on lessons from


the Junkanoo festival, the Car-
nivals of Trinidad and Brazil,
Crop Over Festival of Barba-
dos and Mardi Gras in New
Orleans.
It is designed to ignite the
creative spirit and serve as a
catalyst for the development
of a new organisational culture,
where people are stimulated to
do their best work and where
they experience joy, meaning.
and fulfillment, explains Mr
Finlayson.
"Although focused on the
transformation of people and
an organisation's culture,
FITW, when applied in an
organisation, will also help
managers and staff to also
improve communication, devel-
op more collaboration and cel-
ebrate differences," according
to a statement released by
MDR.
An important feature of the
FITW Dialogue will be a pre-
sentation on the Happiness at
Work project in Denmark and
reports on several organisations
who are pioneering the use of
festivals and the arts in their
organisational improvement
initiatives. These organisations
include; Doctors Hospital; The
Bahamas Electricity Corpora-
tion, Radisson Cable Beach
and Golf Resort; Phoenix Park
Gas Processors Ltd of Trinidad
and The CARICOM Secre-
tariat, Guyana.
Highlights of the Dialogue
will be the Launch the Festi-
val in the Workplace Institute,
visits to the Junkanoo shacks, a
festival night when participants
will perform and an opportu-
nity to participate in the
Junkanoo in June, Junkanoo
"rush-out".

For more information con-
tact Laurena Finlayson at P 0
Box SS-5679, phone 322-1605
or e-mail mdr@coralwave.com.


THE TRIBUNE


WEDNESDAY, JUNE 8, 2005, PAGE 3C







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E M A I L U T T H E R E @ T R I B U N E M E D I A
... .........I.,.................. ................ :......................................... ........................, -. ................................................... ...................... -........................ .


lllR[\\\K. Parties, Nightclubs
JIM \M M& Restaurants

Junkanoo in June, opens officially on Saturday, June 11
@ Arawak Cay. Featuring: performances by the Police
Pop Band; the Calypso Trio; Xtra; Charles Drake and
Judah; Spice; Sparkles; and The Brilanders among
others. There will also be food demonstrations and a
fashion show. Admission: free. The festival will be held
every Saturday until July 2.

Wild Jungle, each and every Wednesday night @ Club
Trappers, Nassau's "upscale" gentleman's club. Fea-
turing a female body painting extravaganza. Free body
painting @ 8 pm. Ladies always welcome. Admission:
Men free before 10 pm. Females free. There will be
free food and hors d'oeuvres between 9 and 10 pm.
Open until 4 am.

Exotic Saturdays @ Fridays Soon Come starts with 3 for
$10 drink speciAls. Admission: $10 before midnight and
$15 after. Ladies free before llpm.

Rave Saturdays @ Club Eclipse. DJ Scoobz spinning
the best in Old Skool. Admission $35, all inclusive food
and drink.

Fever @ Bahama Boom, Elizabeth St, downtown, every
Friday night. Admission $10 before midnight. First 50
women get free champagne. First 50 men get a free
Greycliff cigar. Dress to impress. For VIP reservations
call 356-4612.

Cool Runnings is back with a Conscious Party @ Hard
Rock Cafe, Charlotte St North every Friday. Classic
reggae style music. Admission $10.

Mellow Moods every Sunday @ Fluid Lounge and
Nightclub, Bay St, featuring hits from yesterday old
school reggae and rockers downstairs, and golden oldies
upstairs. Admission: Free. Doors open 9pm.

Karaoke Music Mondaze @ Topshotters Sports Bar.
Drink specials all night long, including karaoke warm-
up drink to get you started. Party from 8pm-until.

Karaoke Nights @ Fluid Lounge and Nightclub. Begins
10pm every Tuesday. Weekly winners selected as Vocal-
ist of the Week $250 cash prize. Winner selected at end
of month from finalists cash prize $1,000. Admission
$10 with one free drink.

Reggae Tuesdays @ Bahama Boom. Cover charge
includes a free Guinness and there should be lots of
prizes and surprises. Admission: Ladies $10 and Men
$15.

Hump Day Happy Hour @ Topshotters Sports Bar
every Wednesday 5pm-8pm. Free appetizers and numer-
ous drink specials.

Flash Nights @ Club Fluid every Thursday. The ultimate
Ladies Night. Join Nassau's and Miami Beach's finest
men. Ladies only before 11.30pm with free champagne.
Guys allowed after 11.30pm with $20 cover.

The Pit @ Bahama Boom, every Thursday. Doors open
at 9pm, showtime 11.30pm. Cover charge $15. $10 with
flyer.

Fantasy Fridays @ Fluid Lounge, featuring late '80s
music in the VIP Lounge, Top of the Charts in the Main
Lounge, neon lights and Go Go dancers. Glow sticks for
all in before midnight. Admission: Ladies free before
llpm, $15 after; Guys $20 all night.

Dicky Mo's @ Cable Beach. Happy Hour every Friday
- 3 for $10 mixed drinks and $1 shots. Bahamian Night
(Free admission) every Saturday with live music from 8
pm to midnight. Karaoke Sundays from 8 pm to mid-
night, $1 shots and dinner specials all night long.

Twisted Boodah Lounge @ Cafe Segafredo, Charlotte St
kicks off Fridays at 6pm with deep house to hard house
music, featuring CraigBOO, Unkle Funky and Swor-
l'wide on the decks.

Chill Out Sundays @ Coco Loco, Sandyport, from 4pm-
until, playing deep, funky chill moods with world beats.

Sweet Sunday Chill Out Soiree Lounge, every Sunday,
4pm-midnight @ Patio Grille, British Colonial Hotel.


Junkanoo in June festival


t's not Boxing Day or New Year's, but
Junkanoo lovers can enjoy a bit of the season
during the Junkanoo in June festival, which
officially opens this Saturday at Arawak Cay.

The festival, hosted by the Ministry of Tourism,
began last weekend and will continue every Saturday
until July 2. This is the sixth Junkanoo in June festival.
Though the festival was established to attract
tourists to the Bahamas during the traditionally slow
month of June, it is also a means for Bahamians to cel-


Wet Sundays, every Sunday, noon-midnight @ Crystal
Cay Beach. Admission $10, ladies free.

Carib Scene @ Club Fluid every Sunday. A night of
Caribbean, Latin and Reggae flavours for all audiences.
Latin Flair in the VIP Lounge; Old School Reggae and
Soca in the Main Lounge. Ladies in free before 11pm.
$10 after 11pm. Men, $15 cover charge.

TooLooSe @ Indigo Restaurant on West Bay St and
Skyline Drive. Singer/songwriter Steven Holden per-
forms solo with special guests on Thursday from 9pm -
midnight.

The Graham Holden Deal @ The Green Parrot....David
Graham, Steve Holden, Tim Deal and Friends perform
Sunday, 7pm 10pm @ Hurricane Hole on Paradise
Island.

Jay Mitchell and Hot KC @ Palm Court Lounge, British
Colonial Hilton, Wednesday-Thursday 8pm-12am.

Sunday Night Interlude @ Briteley's Restaurant &
Lounge, Eneas St off Poinciana Drive. Featuring Frankie
Victory at the key board in the After Dark Room every
Sunday, 8.30pm to midnight. Fine food and drinks.

Paul Hanna, Tabatha and Gernie, and the Caribbean
Express perform at Traveller's Rest, West Bay St, every
Sunday, 6.30pm-9.30pm.

i The Arts

Bahamian artist and blacksmith Tyrone Ferguson
will introduce the basic principles of welding and shap-
ing metal during a National Art Gallery of the Bahamas
Youth Workshop on Saturday, June 4 and June 11. Par-
ticipants in the Metal Workshop will assist in the con-
struction of a metal door that will be installed at the
gallery.
This workshop will be held at NAGB, West and West
Hill Sts and is for children between the ages of 10 and
18. It will run from 10am-lpm each Saturday. Cost: $5
(members) and $8 (non-members).
Call 328-5800 to reserve a space for your child.

Maria Full of Grace will be screened on Thursday,
June 9, 7:45pm at the National Art Gallery of the
Bahamas, West and West Hill Sts. Maria is a Colombian
teenager who, for a large paycheque, agrees to be a
mule for drug runners. She has to swallow dozens of


ebrate a part of their own culture.
Come and enjoy concert performances by some of
Nassau's hottest acts, mini down-home plays and .a
wide variety of Bahamian food.
The festivities this Saturday begin at noon with a DJ
playing Bahamian music. Throughout the day there
will be cooking demonstrations, a bush tea tasting, a
fashion show of Bahamian clothing, and performances
by soca groups, gospel groups, as well as traditional
rake 'n' scrapers. (See page 6 for the full schedule)
The festival will be held at Arawak Cay. Admission
is free.


thumb-sized capsules of heroin and smuggle'them into
New York, but not everything goes as planned.
Discussants following the screening will be Tamico
Gilbert of Amnesty International and Jessica Minnis
of the College of the Bahamas. Admission is free.
Refreshments will be on sale. The film is not appro-
priate for children.
Maria Full of Grace is part of the Wide Angle cinema
programme by the National Art Gallery of the Bahamas
in collaboration with the School of English Studies.

Christopher Cozier, an exhibition of drawings and a
series of prints runs until June 17 @ New Providence Art
& Antiques, Bank Lane, 11am 5pm. Christopher Cozi-
er is an artist and writer living and working in Trinidad.
His work, which explores the ambitions, hopes and con-
tradictions of Caribbean society in the post-colonial
era, has been exhibited in museums and galleries world-
wide. His work has over the years, consisted of multi-
media projects, involving sound, video, live perfor-
mances and installations, including drawings, construc-
tions and appropriated objects. For more information
call 328-7916 or log on to www.npartantiques.com

The National Collection @ the National Art Gallery of
the Bahamas, an exhibition that takes the viewer on a
journey through the history of fine art in the Bahamas:
It features signature pieces from the national collec-
tion, including recent acquisitions by Blue Curry, Anto-
nius Roberts and Dionne Benjamin-Smith. Gallery
hours, Tuesday-Saturday, llam-4pm. Call 328-5800 to
book tours.

Past, Present and Personal: The Dawn Davies Collection
@ the National Art Gallery of the Bahamas, Villa Doyle,
West and West Hill Streets. The exhibition is part of the
NAGB's Collector's Series. Gallery hours, Tuesday-
Saturday, llam-4pm. Call 328-5800 to book tours.

The Awakening Landscape: The Nassau Watercolours
of Gaspard Le Marchand Tupper, from the collection of
Orjan and Amanda Lindroth @ the National Art Gallery
of the Bahamas. The mid-nineteenth century paintings
that make up the exhibition are part of one of the earliest
suites of paintings of Nassau and its environs.
Tupper was a British military officer stationed at Fort
Charlotte in the 1850s. The works show a pre-modern
Bahamas through the decidely British medium of water-
colour. Gallery hours, Tuesday-Saturday, llam-4pm.
Call 328-5800 to book tours.


yoga classes for all levels will be conducted y ,,
garet Evans, registered yoga teacher.
* Tuesdays & Thursdays: M[lay 24 thioui,h .ii (:.
weeks) from 6pm 7:30pm. Cost: $120.
Saturdays: May 28 through July 2 (fiv v, cee s, ii, !
10am- 11:30 am. Cost: $50. There will no lass Juin 4
Sessions will be held at the Trinity Melthodits C(ii
Parking Lot (air-conditioned). Wear osi: co;'! iii
clothing, bring a yoga or exercise mal, and a t! (d.t!1
394-2121 or 477-3903, for more in formation.

The Cancer Society of the Bahamas mi i"ccs aI 5.:' I
the second Tuesday of each month at thiir i- Cai' :..
at East Terrace, Centreville. Call 323-44S2 for ioriec
info.

MS (Multiple Sclerosis) Bahamas meets cthe iiI it
day every month, 6pm @ Doctors Hospital on:, I c
room.

The Bahamas Diabetic Association meets every hi'.
Saturday, 2.30pm (except August and D!eccmh: .,
the Nursing School, Grosvenor Close, Shir:cy Sri,.

Doctors Hospital, the official rainimii:i: .
American Heart Association offers C'R c,;s.es ca :'
by the AHA. The course defines the warninif ns i'',
respiratory arrest and gives prevention ,strati;I s I
avoid sudden death syndrome and th n C.i": 7ii.:':i
serious injuries and choking that can occur ii ;, ts.
infants and children. CPR and First Aid classes ;re
offered every third Saturday of the rmon't it..tb '
1pm. Contact a Doctors Hios]'pil (',mn'ui. .
Representative at 3012-4732 kir iin ior ;! .
learn to save a life today.

REACH Resources & Edtci ,n.,, .' :.;i c .i,
related Challenges mneeIs lti on -7jiL i:p ti.: .'.O
Thursday of each nomoth iin the tru: w : .i t.!'
building, Blu ,1JIl ;lRoad.


Civic Clubs


Toastinasters Club 1095 meets Teslday. 7:30pii
Sweeting Senior School's Dining Room i', kg Av,, .
off Moss Road. Club 9477 meets k 'id i) 7p' a5
Bahamas Baptist Community College Rm \1i', k'i:i
St. Club 3956 meets Thursday, 7.30pm @W Brialih Cooniil
Hilton. Club 1600 meets Thursday, v .0p i .Si'.
Clubs Breezes. Club 7178 meets Tuesd.i., 6pr'i h 1 h,;
Whitney Pinder Building, Collins Ave. Club '-'7 .:
every second, fourth and fifth Wednescy l the I Whi-
ney Pinder Building, Collins Ave at 6pm. Club 6'i
meets Monday 6pmn @ Wvndham Nassiau i .so.rt, C':!hi .
Beach. Club 753494 meets.cevesry WVcdn',;d a. m i'a
in the Solomon's Bliiidinm. lasi-\West Ii:.' -i
welcome.

Alpha Kappa Alpha Sirormry. : i :'.:
meets every second T'uesd:ay. o.30p: ii,
Room in the Wyndhamr Nassu RI,.''oi C.b it.':!

Alpha Phi Alpha Fraternity meets Lr i' i: ,.
7pm @ Gaylord's Restaurantl. Dlt)ow:esivl c
call 502-4842/377 4589 ior moire into.

Kappa Alpha Psi Fralernity inc!, cl. c s '..! i
day, 6.30pm @ Atlantic liu..,ei. 11NM '(ii.. Ih n
meeting room.

The Nassau, Bahamias Panlr-ll-fleni Co'n6in i NI"'IC'l)
meets every third Mond:iyv ', hm',i' ]i! i 'n hci: l',i .'
Room of the British Colonial hilien Il.: l :,

Nassau Council 10415 Knighis of C('; .
second and fourth Wednesdav ol thi-' i: i', '. S
Augustine's Monestary.

Nassau Bahanmas Koinonia inetls Cv : '' 'i! :,
each month, 7.30pmn al linnmaus (C ''iii iit ,S i.ii,'.
Monestary. For more into c;ll 34.. '.. 1' 7 .!- '! ;;

International Associalion of Admrii.;. ;'.r..
sionals, Bahamas Chapter mntcl,, il ii. I:-.
every month @ Supcrcluibs hrWee'.s. o 'i. ....

AMISTAD, a Spanish club nmeetlsih,,.. i b II
month at COB's otuirisin T'! iii < !' :'
Room 144 during the iacadrnic ,y;.i I .
motes the Spanish lan'u',igc ci. ullti a' i , ;].in-
nity.


S.ii'
.5


I'


I'


- I I I --~s~rmp. 4~81~pR~U~au~~~ix~a~~-,;.;~~liZ~?~'~li


All.'i.


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The triumphs of the developing




festival of unkanoo in June


* By PETURA BURROWS
Tribune Feature Writer
DESPITE the fact that the
Junkanoo in June celebrations
did not officially open at the
weekend, Bahamians still
turned out in. large numbers to
enjoy the cultural festival.
And the June festival may be
even more entertaining than the
Junkanoo parades, since it
incorporates so many different
facets of what is considered
Bahamian.
It includes concert perfor-
mances by some of Nassau's
hottest acts, mini down-home
plays and tons of Bahamian
food.
It has grown to be so much
more than Junkanoo.
"There are so many different
elements to the festival," Chris-
tine Ferguson, Junkanoo in
June coordinator told Tribune
Entertainment. "Junkanoo is
obviously the centrepiece but
Bahamian food, authentic
Bahamian arts and craft, a Kids
Corner that focuses on the old
time heritage games and activ-
ities dollmaking, old fashion
wooden scooter rides, story-
telling and a Junkanoo muse-
um showcasing the history of
the festival, dating back to the
16th century up until now, we
have all of that."
The festival initially began as
a way to attract more tourists to
the Bahamas during the month
of June, generally a slow month
for visitor arrivals.
"We knew that the Bahami-
ans would come out but we
really wanted to increase visitor
arrivals, since June was known
as a very slow month," says Ms
Ferguson. "The festival


12pm DJ
3pm Rake n Scrape; food
demonstrations
3.40pm Bush tea/
medicine tasting; bread
and pastry demonstration
4pm Calypso Trio
4.40pm Food
demonstration; bush tea/
medicine tasting


enhances the visitors' experi-
ence because we get to show
off more of our culture and her-
itage to them. It offers them
more to do when they come
here and exposes them to vari-
ous aspects of our culture."

Busy

Whether or not Junkanoo in
June had anything to do with
it, Ms Ferguson says that in
recent years June has "panned
out" to be quite a busy month
for visitor arrivals.
The popular festival kicked
off last Saturday at Arawak Cay
and attracted a thick crowd.
The Ministry of Tourism
. decided to hold the official
opening during the second
week of the festival in order to
accommodate those Bahamians
who travelled to other festivals
in the Family Islands over the
Labour Day weekend, like the
Pineapple Festival in Eleuthera
and Crab Fest in Andros.
The Junkanoo rush out down
the Arawak Cay strip by a mix-
ture of Junkanooers from vari-
ous groups is always a popular
treat, but the entertainment,
which features "top named"
local entertainers is also one of
the main attractions. Last week-
end, the entertainment segment
featured artists like the Xtra
Band, one of Nassau's hottest
soca groups; the Soulful
Groovers; and Funky D.
Ms Ferguson promises that
this Saturday's official launch
will be even more exciting, for
both visitors and residents. The
Police Force Pop Band; KB,
singer of the top hit, Civil Ser-
vant; Bahamian song divas,


SATURDAY JUNE 11
5pm Junkanoo rush out
5.30pm Fashion show
6pm Police Force Pop
Band
6.30pm Official opening
ceremony
7pm Junkanoo parade
7.30pm Charles Drake
and Judah (gospel
group)


Sparkles and Spice, and the
Xtra Band will perform, just to
name a few.

Celebration

The Junkanoo in June festi-
val, though it was established
primarily to attract tourists, is
also a way for Bahamians to
celebrate a part of their own
culture without having to wait
for the Boxing Day or New
Year's parades.
Said Ms Ferguson: "As
Bahamians, a lot of us are not
aware of our heritage. So we
thought that we'd bring it back
so that Bahamians would
become more aware of who
they are.
"And this year, we are focus-
ing on the children because the
things that we used to do in the
past we don't do anymore, even
the entertainment, so we
brought back some limbo and
the fire dance."
For the upcoming weeks, the
ministry has lots of exciting per-
formances and demonstrations
planned for those who turn out.
One highlight is the judging of
the Junkanoo in June Song
competition, which will be held
on June 18. The winner will not
be announced until the end of
the Junkanoo in June season.
After the May 15 deadline,
"quite a number" of submis-
sions were received in both the
youth and adult categories,
reported Ms Ferguson. Prelim-
inary judging selected 10 final-
ists who will perform live on
stage on June 18.
Cash prizes will be offered:
first prize $5,000; second prize
- $3,000; and third prize, $2,000.


8pm Sister Sarah's
Kitchen
8.30pm The Brilanders
9pm Xtra, Sparkles, Spice
and KB
10.30pm Junkanoo
Parade
* (schedule subject to
change without notice)


PAGE 6C, WEDNESDAY, JUNE 8, 2005


junkaoo inJune scheule

for th offical opeing da


THE TRIBUNE







THE TRIBUNE


WEDNESDAY, JUNE 8, 2005, PAGE 7C


Need for young people to become



involved in preserving our culture


* By PETURA BURROWS
Tribune Feature Writer
THERE is a long-running argument
that Bahamian culture is dying, but
who would know better than those who
have a hand on the pulse of Bahamian
culture, those who make a living enter-
taining the public.
At last Saturday's Junkanoo in June
festival held at Arawak Cay, Ralph
Johnson of the Soulful Groovers, a
group that has been around for
decades, told Tribune Entertainment
that in his opinion, the Bahamian cul-
ture may not be dying, but it is "in
trouble".
It is a "tough" question, he admits.
Culture is only preserved through
its young people, says Johnson. And
this is the issue when it comes to the
Bahamas, he says.
"We do have many problems that
we need to really look at, in terms of


what our children are exposed to. Chil-
dren have a tendency to love what they
hear most. And if they do not hear suf-
ficient Bahamian music or anything
Bahamian whether its Bahamian
music or Bahamian stories or whatev-
er --
they tend to cling to those things that
they hear most. And so, in that regard,
I think that we are losing a bit of what's
Bahamian."
For Dyshon Knight, a familiar face
and voice with the Xtra Band, there
is also a need for Bahamians to place
more emphasis on their culture.
"It's very important for us as
Bahamians to try and expose our cul-
ture, and not only to tourists but to
ourselves," says the musician. "Our
culture is still young and the deeper
we embed it, the better."
Both artists praised the idea of
Junkanoo in June and emphasised how
it is significant to the preservation of a


part of the Bahamian culture.
Though the event is only held once a
year, Knight says that its impact is far-
reaching, since it brings together
Bahamian music, Bahamian food,
Bahamian craft and Junkanoo under
one umbrella.

Misconception

He says that many Bahamians are
under the impression that Bahamian
culture "is only Junkanoo".
"Junkanoo in June is a plus for the
bands because our culture isn't only
Junkanoo.
"We have rake 'n' scrape, Goom-
bay, and by having the bands here,
the food and all, you get to expose
that because the bands don't have a
spot on Bay Street come parade day.
So this is our time to shine," Knight
said.


The Soulful Groovers, who bring a
unique Bahamian sound, say that
Junkanoo in June offers the perfect
opportunity for the Bahamian public to
be exposed to different types of local
music.
The Junkanoo in June festival is
held only once a year but Johnson sees
the potential for the festival to expand
into something much larger, where it
can also earn revenue for the govern-
ment.
"I think that if we are talking about
exposing our culture, this event could
be held at least three to four times a
year.
"Once is not sufficient to involve the
locals and the tourists. We could find a
way they could make money, maybe
having an entrance fee," says Johnson.
"But I think that this is a good oppor-
tunity to expose Bahamian culture to
all."
. Though the Junkanoo parades on


Bay Street are without a doubt the
largest cultural showcase in the coun-
try, it is still a major competition. And
some have argued that the competi-
tion between groups is "stealing the
show".
But events like Junkanoo in June,
where competition is really not a fac-
tor, may be a more relaxed cultural
expression for the Bahamas.'
Knight believes that Junkanoo in
June creates more anticipation for the
parades that will be held months later.
"(Junkanoo in June) is an expo. This
isn't a competition. This is hype, and so
this gets things even more exciting for
Boxing Day and New Year's. So it's a
good thing. This keeps all the
Junkanoo paraders on their (toes)
because you get the opportunity to
really scare your competition out
here," he says. "So if they're smart
they'll use Junkanoo in June to their
advantage."


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