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/UF00084249/00187
 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: August 22, 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: VID00187
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





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11


Reports of further

damage to strip

after repairs


* By PAUL G TURNQUEST
Tribune Staff Reporter
AIR traffic at Nassau Inter-
national Airport was back to its
"creeping pace" yesterday fol-
lowing the closure of the newly
repaired runway 14/32.
NIA has been operating with
.onQ-, runw.ay .since the main,
airstrip was closed early last
week, according to an airport
source who said that crews have.
already dug up three areas to
resurface the new runway.
The refurbishment of runway
14/32 was part of a $35.5 mil-
lion airport renewal contract
signed between the Airport
Authority and Lagan Holdings
International.
According to the airport
source, runway 14/32 was closed
due to structural damage to the
strip. This information was con-'
firmed by another employee
from the Airport Authority who
spoke to The Tribune yesterday
on the condition of anonymity.
According to information
received by The Tribune, a sec-
tion between Foxtrot and Echo
is currently being worked on,
as well as the intersection
between Bravo and runway
14/32.
"The red and white barri-
cades are up there. It looks like
they are doing a patch job. The
section between Bravo and
14/32 is where you would taxi
from, but now that also is
closed. So you have to taxi all
the way to the end of runway 09
to exit the runway. So this is
going to back up flights and
bring us right back to the same
situation where we were with


only one runway in operation,"
the source said.
According to this 'source, the
threshold, or northernmost sec-
tion of runway 14/32, "sank"
when a 767 aircraft was mak-
ing a 180 degree turn on the
strip. The weight, of the plane,
coupled with the heat of the
,.day, reportedly caused the tar to
bubble and sink.
Planes now have to taxi an
extra 1,500 feet to get off the
runway to allow other aircraft
access to runway 09.
"Initially it was reported that
the surface was damaged, but
that's where the surface was ini-
tially messed up. The runway
in San Salvador is an excellent
runway, which has been
grooved as well, and you would
think that they would go the
whole nine yards with the inter-
national one. But it's like the
old people used to say, 'haste
makes waste'," the source said.
Runways are grooved to
allow water to run off them
more freely and the grooves
allow for better braking or trac-
tion with the aircraft.
Currently taxiways Alpha,
Lima, Bravo, Delta, Echo and
Hotel north west of Apron. two
are closed to traffic. The. only
taxiways that are open are Fox-
trot, Kilo and India (commonly
termed 5/23).
All planes now have to use
taxiway Foxtrot at the southern
most exit of runway 09 and taxi
along the Hotel strip to taxiway
India at the northern most exit,
to gain access to runway 09.
Minister of Transport and
SEE page 14


* BARRICADES block access from taxiway Echo onto Runway 14/32, which has been closed to all air traffic
(Photo: Mario Duncanson)


Minister recovering
after surgery in DC
* By CARA BRENNEN
Tribune Staff Reporter
MINISTER of State for Finance Senator James Smith
is recovering from surgery in a Washington, DC, hospital
after undergoing a procedure to remove a lesion from his
large intestine.
According to a statement released by the Cabinet
SEE page 14

Police appeal for help
identifying dead man
* By CARA BRENNEN
Tribune Staff Reporter
POLICE are urging the public to help them identify
the country's 28th murder victim and provide clues
that may help bring his killer to justice.
A man believed to be in his late 20s to early 30s was
found dead in his car late Friday night with gunshot
wounds to the face, police reported yesterday.
SEE page 14

Soil and water samples
'were contaminated'
* By CARA BRENNEN
Tribune Staff Reporter
SOIL and water samples taken from a trench in front
of the Shell Service Station on East Bay Street were
contaminated with gasoline and diesel oil, it was con-
firmed yesterday.
SEE page 14


Nasa and Bahama Islands'-lLeading Newspaper


#1 PAPER IN CIRCULATION


he SMitami terat
BAHAMAS EDITION


* LITTLE David Aliens touched the hearts of many at the Protect
Our Children Rally held on R.M. Bailey Park yesterday, as he
performed a old time favorite Let The Ancient Words Impact. See
pages two and 12 for the story
(Photo: Mario Duncanson/ Tribune Staff)


cl


un















Rallying call to reduce



cases of child abuse


THE number of reported cas-
es of child abuse for the first half
of the year show an increase over
the same period last year, Minis-
ter of Social Services Melanie
Griffin reported yesterday.
There were 138 reported cas-
es of neglect for the first six
months of 2005, compared to
95 cases for the same period in
2004, Mrs Griffin told an
"Operation Protect Our Chil-
dren Rally" held at R M Bailey
Park on Sunday.
There were 100 reported cases
of physical abuse for the first six
months of this year, compared
with 73 cases for the same period
the year before, she added.
With respect to reported cas-
es of sexual abuse, there has
been no appreciable difference
- 41 for the first half of 2005
and 40 for the same period in
2004.
"We must continue to spread
the message and take the appro-
priate action to work towards
a reduction in these figures and


it will be a wonderful day and a
true reflection of our Christian-
ity when the figures stand at
zero," said Mrs Griffin.
The minister said that while
the summer months have been
a time of recreation and fun, it
was now time to focus on
preparing for the return to
school, both physically and
mentally.
"Parents, you need to start
now reinforcing to your chil-
dren some basic safety tips and
helping them to become street-
wise," she said. "This is espe-
cially important for children
who will be attending primary
school for the first time."
Hundreds of children and
their parents turned out for
Sunday's rally, which featured
performances, recitals and an
address by Mrs Griffin. Care
packages containing safety tips
were also handed out to audi-
ence members.
Mrs Griffin highlighted a list
of safety tips covering, areas to


avoid, not talking to strangers
and how to respond to a situa-
tion that makes you uncom-
fortable.
. She urged parents and
guardians and their children to
become familiar with the safety
tips.
"Don't just read them once
and throw them away. Post
them on your refrigerator
where they can be a daily
reminder to you and your chil-
dren. Go over them as a family
and play the 'what if' game,"
said Mrs Griffin. "I said this last
year and I repeat it again,
because it is so important.
Question your children as to
what they would do in certain
situations and discuss the best
way to handle dangerous situa-
tions and what to do in an emer-
gency."
She also urged parents and
guardians to make sure that
their children know important


information, including their
name, where they live, their
home telephone number, your
name, workplace and telephone
number and the name and con-
tact of another trusted relative.
Mrs Griffin encouraged a
healthy relationship with their
children, and offered the fol-
lowing suggestions:
Involve your children in
meal preparation;
go to Goodman's Bay or
Montagu Beach or to some oth-
er playground and enjoy the
equipment provided;
take a weekly outing to the
beach, it is still the best way to
cool off in this heat;
have a story night tell your
children about your own child-
hood and;
participate in outdoor activ-
ities like planting a flower or
vegetable garden.
SEE page 12 for more pic-
tures from the rally


* DEREK Adams and Charlie the Yellow Bahamian Bird per-
formance at the "Operation -Protect Our Children Rally" held
on R M Bailey Park yesterday.
(Photos: Mario Duncanson/ Tribune Staff)


* THESE dancers put on an outstanding performance at the
'"Operation Protect Our Children Rally" held on Sunday at R
M Bailey Park.




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PAGE 2, MONDAY, AUGUST 22, 2005


THE TRIBUNE;









THEI BUNEHMONDAYLUSLANEWSS22,2005,PAGEI3


Radio station

praise for

firefighters

after blaze


* By PAUL TURNQUEST
Tribune Staff Reporter
THE quick response of
Grand Bahama firefighters
is being hailed as the only
reason a local radio station
is still on the air after a fire
engulfed the Cool96 FM
building Saturday after-
noon.
No one was injured in the
blaze, and much of the
structure is still intact.
Taylor Fergusbn, pro-
gramming and news director
at Cool96 FM, told The Tri-
bune last night that the fire
started in the station's gen-
erator shed shortly after
4.30pm.
"The generator shed is
just outside the building,
actually right next to it. We
have been housing our gen-
erators there since last
year's hurricanes, so when
that caught afire the blaze
quickly spread to the main
building," she explained.
"The office and studio
areas were not directly dam-
aged, just a lot of smoke and
water damage. So the dam-
age in those areas was not
extensive."
Ms Ferguson said that sta-
tion officials could not
praise the fire department
enough.

Thankful
"If the firemen hadn't
gotten there as quickly as
they had, which we are real-
ly, really thankful for, it
would have been horrible.
We are really, really grate-
ful to them for that.
"An announcer was the
only person at the station at
the time and he said that it
seemed like as soon as he
called the fire department,
the next thing he knew they
were there," she said.
According to Ms Fergu-
son, the firemen had to cut
through the roof of the sta-
tion to allow some of the
smoke to escape.
"When'we saw that'wep.'
were sold;.that-the building :'
was gone.'But after tie
smoke cleared it wasn't as
bad as it looked. We will
probably need a new roof
and we haven't checked out
all the equipment to see
what state they are in. But
you go through something
like Frances and Jeanne,
and then you say 'What is
next? Well this is next," she
laughed.
Despite the ordeal, the
station was back up and
running hours later, by 9pm.
Employees relocated some
equipment from the build-
ing to the station's main
tower, to continue broad-
casting.
"We have a tower room
that is operational with
equipment and we were able
to take an overnight CD
player up there, and that's
how we are operating now.
Emotionally we are ready,
and we are really blessed
that we are still on air.
"Just being on air gives us
a greater sense of what we
are about and we are ready
to go. The office staff is now
like, 'where ya put me' but
it's always a family thing for
us, so even if we need to
work from home we will do
it," Ms Ferguson said.


BEMU hits out over





BEC labour relations


* By CARA BRENNEN
Tribune Staff Reporter

THE Bahamas Electrical
Managers Union (BEMU) has
added its voice to the call for
more cordial labour relations
from BEC executives and has
threatened industrial action if
protracted contract negotiations
are not resolved soon.
In a statement released yes-
terday, acting president Ronnie
Stevenson said that union mem-
bers are deeply disappointed
with the unacceptable state of
labour relations at the govern-
ment-run corporation.
"The union has concluded
that this unfortunate state is due
to the unwillingness to foster
good industrial relations, there-
fore wreaking havoc on employ-
ee morale and by extension cus-


Union threatens action if negotiations not resolved soon


tomer satisfaction," said Mr
Stevenson.
He noted that BEMU is
about to enter into its third year
without an industrial agree-
ment.

Approach

"For the past nine months we
have been extremely profes-
sional in our approach in try-
ing to bring a conclusion to the
negotiations. However, this
approach has proven to be inef-
fective," said the acting presi-
dent.
The union is now calling on
Minister of Labour Vincent


Peet and the corporation's prin-
cipals to address this matter
expeditiously "to avoid any pos-
sible industrial reaction which
will affect the quality of service
currently being enjoyed by all of
us during these hot summer
months".
Just last week, the BEMU'S
sister union, the Bahamas Elec-
trical Workers Union's presi-
dent Dennis Williams threat-
ened to take "the most aggres-
sive industrial action ever seen"
if management did not resolve a
number of pending issues
before August 30.
He described the present
relationship between the exec-
utive management and the


Two men


wanted for

questioning

POLICE would like the
public to assist them in locat-
ing two men wanted for ques-
tioning in connection with two
separate murders.
Theodore Ash, aka Side
Kick, (left picture) 28, is
described as five feet ten inch-
es tall, dark brown complex-
ion and of medium build. His,
last known address was the
Grove area.
Gladstone Arlington
Greene (right picture) is also
being sought for questioning
in connection with a murder.
The 32-year-old is described
as six foot one inch tall, 180
pounds, with black hair and
eyes. He is of dark complexion
with a thin build. His last
k iown.address was Australia.,,
:,A e,'E^izabeth.Estates-.
Police consider bot men to'
be armed and extremely dan-
gerous. If you have any infor-
mation on their whereabouts
please contact police at 394-
4541,394-4540,919, CDU at
s502-9998 or Crime Tipsters at
328-8477.


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.


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unions as the worst in the cor-
poration's history.
The Bahamas Electrical
Workers Union is to meet with
BEC management on Wednes-
day to discuss the most critical
of the six disputes filed against
management.


Late last week, the union
announced that one issue had
been resolved.
"It is hoped that management
will resolve these issues by
August 30 to avoid the imple-
mentation of industrial action,"
said Mr Williams.


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MONDAY, AUGUST 22, 2005, PAGE 3


THE TRIBUNE









PAGE 4, MONDAYAUGUST 22,2005R TEHETTRIBUNER


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

Shirley Street, P.O. Box N-3207, Nassau, Bahamas
Insurance Management Building., P.O. F-485, Freeport, Grand Bahama

TELEPHONES
Switchboard (News, Circulation and Advertising) 322-1986
Advertising Manager (242) 502-2352
Circulation Department (242) 502-2387
Nassau Fax: (242) 328-2398
Freeport, Grand Bahama: 1-(242)-352-6608
Freeport fax: (242) 352-9348


How to improve our tourist product


ABOUT FIFTY years ago we recall
reporting meetings of Bay Street merchants
- we believe it was a committee of the
Chamber of Commerce who were trying to
find ways to improve the tourist product.
They had two main concerns their sales
staff whose service was not only inefficient,
but indifferent, and the many beggars who
made nuisances of themselves, sitting out-
side Bay-Street shops with upturned hands
begging for "coppers."
Other than the removal of the "copper"
beggars, it seems from recent complaints that
little has changed in service on Bay Street.
Shortly after joining Kerzner Internation-
al, Paul O'Neil, the resort's chief executive
officer, in a talk to Rotarians made it clear
that no matter how good the Atlantis product
is, whether visitors return to the Bahamas
also depends on the input of the whole com-
munity- in other words we are all in this
together.
From the moment the visitor steps off the
aircraft at Nassau International Airport, or
the cruise ship at Prince George dock every
Bahamian with whom he comes in contact is
an ambassador for our number one indus-
try. And whether the visitor returns to the
Bahamas is wholly dependent on the "ambas-.
sadors" they meet outside the hotels.
What Bahamians seem to forget is that the
Bahamas is a high priced vacation market.
Visitors would find it difficult to complain
of the prices if Bahamians delivered an equiv-
alent in service. But fail on the service, and
the word of mouth about "that country called
the Bahamas" that charges high bucks for
shoddy service will spread like wildfire.
Immigration and Customs officers are the
first members of this country's welcoming
committee. They should not only look smart
in their uniforms, but they should also be
helpful, welcoming, and, yes, extremely effi-
cient.
Taxi and tour drivers are the next line of
"ambassadors." Although there are many
good drivers so good that often visitors
take their names and engage them for return
trips there are those in this group who let
this country down badly. Imagine fighting
for a fare in front of a visitor.
If these men have issues between them-
selves as to who is entitled to a fare this
should be settled behind closed doors, not
at the airport or dockside in front of visitors.
At times the arguments have been so fierce
that they have ended in physical brawls.
The authorities should deal with these mat-
ters swiftly and severely and anyone disgrac-
ing himself and his country in front of guests,
should be banned from tourist areas.
Bay Street shops are crying,for business.


The only persons who can sell the shop-
keepers' goods are their sales staff, who from
the moment the customer enters the door
should be prepared to give their undivided
attention.
A letter of complaint, published in The
Tribune on Tuesday, August 16, was from a
dissatisfied customer who was made to feel by
certain sales staff that she was an unwelcome
intrusion. She described sales staff so deep in
conversation with each other, or with a friend
on the telephone that she had to wait her
turn for their attention. And when she got it
it was indifferent.
Her complaints about the sales staff she
encountered earlier this month were no dif-
ferent from those of Bay Street merchants 50
years ago.
It is tragic that we don't seem to be any fur-
ther ahead. All sales personnel should be
required to take a special course in common
courtesy and learn the standard of service
that is required of them before they are hired.
They should also learn how to courteously
deal with a difficult customer.
Bahamians certainly loathe having their
conversations interrupted particularly
among the civil service. How often haven't we
dialed a government office to hear the end of
a conversation before we hear "hello". Or a
loud guffaw as the operator picks up the
phone before composing.herself to give her
full attention to the caller.
Tourist areas should be particularly well
policed and undesirables should be kept off
the premises. The concentrated television
coverage of the disappearance and possible
murder of American college student, Natalee
Holloway, in the Dutch island of Aruba has
done untold damage to the reputation of this
whole region raising the question as 'to
whether it is safe to vacation in the
Caribbean.
Frank Comito, Bahamas Hotel Associa-
tion's executive director, has warned that vis-
itor surveys indicate that the Bahamas could
lose 4.5 million tourists in the next 10 years
unless all Bahamians start taking the tourist
business seriously.
He said that in addition to its high prices,
among the top five reasons tourists give for
not returning to the Bahamas is "poor value
for the dollar."
Other reasons given in the exit survey, he
said, include "poor attitude, poor service and
low quality."
It is now time that all Bahamians, no mat-
ter what their profession, understand that if
they want to keep their bread well buttered,
each has to be responsible for ensuring stan-
dards are raised in every sector of this coun-
try.


Why are


young women




still 'enslaving'





themselves?


EDITOR, The Tribune.
I HAVE had my say on
the removal of Sir
Stafford's image from our
money, and I thank you for
the opportunity. There is
one more thing that I would
like to say on the matter.
I am extremely disap-
pointed by the silence of
the Christie administration
on this matter.
I had such high hopes in
Perry Christie and Mother
Pratt especially, and the
fact that they have been so
silent on this issue makes
me think that either they
approve, or they are afraid
to stand up and be count-
ed. Either way, I am totally
floored by their silence.
And now, if you will, I
have another very pressing
subject to share with your
reading audience. Thanking
you in advance.
EDITOR, The Tribune.
SLAVERY does in fact
still exist, but not in the way
that one would normally
identify it. The slavery that
I want to share with your
reading public is self inflict-
ed. Allow me please to
expound.
Tribune headlines recent-
ly related a story about how
a young child was left by its
mother, with a friend, with
the supposed promise to
return in a couple of days
to collect the child..
Well, as time passed, it
became clear to the person
that the child was left with
that maybe the mother was-
n't coming back, so unfor-
tunately, the person taking
care of the child made a
bad decision as to how to
alert the authorities to the
situation, and has since
been charged by the Police
for his part in the mess, and
so has the mother who did
eventually show up.
After returning, it came
to light that the mother not
only has this one child- that
she seemingly cannot afford
to take care of, but she has
two more who are living
with relatives!
And thus I arrive at my
point.
Why is it that in this
country today, a place
where information/educa-
tion about anything is read-


ily available, young women
are still enslaving them-
selves so?
Why are we still living in
the dark ages where in
order for a woman to prove
how much she loves a man
- a man she is not married
to she has to produce a
baby? Why are our young
men still so insecure as to
think that the one sure way
to prove "dey is man" is to
get every woman they come
into contact with, "knocked
up"? And why, pray tell,
aren't our community lead-
ers constantly reminding
our young people that they
alone hold the power not
the government to
change their lives?
I am so sick and tired of
hearing about this Rev or
the other who is building a
new church as if we
needed another one of
those or who is living the
high life, and being sup-
ported by the poor people
of this country, and yet
there seems to be not a care
in the world as to how their
parishioners are actually
living.
Along with the apparent
lack of concern by the com-
munity leaders is the com-
pounding factor that this
has been long accepted by
many generations as the
norm.
So, when I hear people
griping about how tough
they have it, because I am
human, I feel for them.
But when you learn a lit-
tle more about some peo-
ple, you find that there is
much wrong with their lives
that they could have pre-
vented.
Everybody makes mis-
takes, and they are entitled
to in my opinion.
However, when one con-
tinues to make the same
mistake over and over,
something is very wrong.
And when they can't


seem to figure out what is
wrong, although it is star-
ing them right in the face,
then it becomes quite
apparent to me that some
things in this country will
never change, and "things"
will never be any better for
some people.
And because this is a
problem that liberals feel
that only they understand,
this will also become a
greater problem for the
masses at large by way of
taxation.
For God's sake, let us all
be our brothers keeper.
They say the truth hurts,
but it is the most necessary
knowledge there is.
People must be informed
of the truth, even if they
never speak to you again.
It is far more important
to lose a friend because of
the truth, than to have
many friends who don't
want to hear the truth.
And please, stop waiting
on the government to bail
you out! It is not fair to the
rest of us to have to pay
taxes to the government
that will be used to support
unwed mothers or people
that simply don't want to
work.
I am reminded of a Bible
verse that has been repeat-
edly used out of context,
and is usually quoted thus:
"The truth shall set you
free".
Sounds nice, but the actu-
al verse is much more infor-
mative.
It reads thus: "And ye
shall know the truth, and
the truth shall make you
free." Gospel of John, chl 8,
verse 32. (KJV) Makes a
whole lot more sense, does-
n't it? In order to be set
free by the truth, we must
know it first.
Love me or hate me, dis
me. HE loves me, in spite
of myself. To me that's all
that matters,

WILLIAM (BILLY)
ROBERTS
Abaco
August 15, 2005.


Card of Thanks


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THE TRIBUNE


PAGE 4, MONDAY, AUGUST 22, 2005








THE~~~LOA TRBNEMNAYWUGSS


Man believed

to be missing

at sea after

boat cruise

* By PAUL G
TURNQUEST
Tribune Staff Reporter
A RESIDENT of Eliza-
beth Estates is believed to
be missing at sea after
apparently going over-
board while on a boat
cruise at the weekend.
Taran Burrows, who is
believed to be between 18
and 21 years of age, was
last seen aboard the Sea
Wind during the Black
Boat Excursion boat cruise
on Saturday night.
According to witnesses,
the man fell overboard at
about 11.40pm, just 20 min-
utes before the boat cruise
was scheduled to dock.
The Sea Wind, a part of
the Bahamas Fast Ferries
fleet, was rented out by the
Black Point Committee for
a fundraiser.
According to Kalis Rolle,
the public relations officer
for Bahamas Fast Ferries,
officials are still trying to
sort through the informa-
tion to ascertain what real-
ly happened to cause the
young man to fall over-
board.
"We are investigating it
and up to (Sunday after-
noon) our staff was meet-
ing with the police to help
them with their investiga-
tions as well," he said.
The cruise started at 8pm
and reportedly stayed in
the Nassau Harbour.
Given the good weather,
representatives from the
Royal Bahamas Defence
Force are optimistic that
Taran will be found alive.


Lawyer for Dwight and Keva


Major questions extradition bid


* By FELICITY INGRAHAM
Tribune Staff Peporter
THE lawyer for Dwight and
Keva Major has asked why they
are being sought for extradition
if, according to US drug offi-
cers, the drugs they are want-
ed in connection with were
seized in the Bahamas.
While continuing submissions
before Justice Jon Isaacs on Fri-
day, lawyer Michael Kemp
pointed to reports from US
drug officers who were in an
OPBAT helicopter during the
time that the drugs, alleged to
belong to Dwight Major, were
seized.
The agents reported that they
were in the Bahamas at the
time, said Mr Kemp who ques-
tioned why the Majors were
being sought for extradition at
all.

Comments
During earlier proceedings,
Mr Kemp told the court that he
also felt the case was biased
because of comments made by
drug court Magistrate Carolita
Bethel. He said it was prejudi-
cial against his clients for Mag-
istrate Bethel to tell a court
stenographer that the Majors
had also placed a hit out on her
(Magistrate Bethel).
Mr Kemp also thought it
unfair that Dwight Major's
name is mentioned on a US
Department of State website,
which described him as the
Bahamas' "number two" drug


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lord, after Samuel "90"
Knowles.
He referred to the recent
decision of Justice Hugh Small,
that the US designation against
the Bahamian men had preju-
diced the case. The Court of
Appeal overturned that ruling
and it is now in the, hands of the
Privy Council.
The website, said Mr Kemp,
stated that Major was arrested
several times since 1997, but
was always released due to
insufficient evidence.
Mr Kemp then proceeded to
pick apart the evidence of
Jonathan Cartwright, who made
a plea bargain with the US and
testified against Dwight Major.
His testimony is being used
along with the recorded tele-
phoned conversations for which
the Majors are being held.

Statement
Mr Kemp told the court that
nothing which Cartwright had
to say implicated Keva Major.
Cartwright's first statement, he
said, indicated that he knew
nothing about Dwight Major's
boat in the US being used for
drugs.
He said as far as he knew, the
boat was being brought back to
Nassau from Florida to be sold.
Mr Kemp argued that even
after changing his statement
when accepting the plea bar-
gain, he was specific in men-
tioning Dwight Major's name,
without making any reference
to Keva-Majot. Cartwrightt
addedthat the had never seen
Dwight Major, nor had Dwight'
Major seen him.
He also argued that
Cartwright was illegally taken
out of the Bahamas to the US
to testify, because he was never
informed by a magistrate of his
right to fight the extradition.
Keva Major's only involve-
ment, said Mr Kemp, is her
request to Cartwright to have
the boat fixed.
When referring to documents
relating to taped conversations
between the Majors, Mr Kemp
argued that the officers simply
gave their opinion about what
certain words meant, which,
when looked up in the dictio-
nary, have totally different
meanings.
For example, he said, one
conversation was about Dwight
Major asking his wife for $10
for the boat, which police had


interpreted as a drug deal.
Mr Kemp presented docu-
ments to show that his clients
indeed registered a boat with
the Bahamas government at a
cost of $10.

Conversation
In another taped conversa-
tion, Dwight is said to have
asked his wife for $2,000 so that
"White Boy" could go to Flori-
da. Mr Kemp said Keva Major's
only response was that she did
not have the money as she had
not gone to "Dorothy" yet.
These conversations, he said,
never proved anything.
Whereas Cartwright had tes-
tified against Dwight Major,
"there is no evidence of any
overt act by Keva Major which
could be attributedto her
knowing about any drug deals,".
said Mr Kemp.
He called for the immediate
release of Keva Major, mother
of four, stating that the scale of
abuses of constitutional rights
"tips heavily in favour" of his
clients.
Mr Kemp, who is being assist-
ed by Donna Major, is set to
wrap up his submissions on
Thursday, August 25.


DWIGHT Major gives
his wife Keva a kiss as they
leave court on Friday.
(Photo: Mario Duncanson/

i~t


lMI I












MON., AUG.22
6:30 Bahamas @ Sunrise Live
11:00 Immediate Response
12noon ZNS News Update Live
12:03 Caribbean Today News Update
12:05 Immediate Response
1:00 Health For The Nation
1:30 The Jackson's
2:00 CMJ Club Zone
2:30 Treasure Attic
3:00 David Pitts
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4:00 Video Gospel
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8:30 You & Your Money
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THE TRIBUNE


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41b


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MONDAY, AUGUST 22, 2005, PAGE 7


THE TRIBUNE


0- 4b -






PAGE 8, MONDAY, AUGUST 22, 2005


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CDR leader hits out over country's



'dependence on imported workers'


U


* By RUPERT MISSICK Jr
Chief Reporter
CDR leader Dr Bernard Not-
tage has blamed the country's
"D+ system" on successive gov-
ernments' unwillingness to reduce
the country's dependence on
imported workers.
Speaking at the Rotary Club
of West Nassau's weekly lun-
cheon, Dr Nottage said that he
was "sick and tired" of education
workshops which hardly seem to
result in any substantive or posi-
tive action.
Dr Nottage said that when he
was Minister of Education he
oversaw the creation of a Nation-
al Education Plan that was to set
the country on a course to reduce
the Bahamas' dependency on
imported workers by equipping
Bahamians with the skills needed
to do the jobs created by the
economy.
"It has been some 13 years
since the government of which I
was a part was voted out of office
and the incoming government
completely ignored the pioneer-
ing work and set out on a new
path. It is sad but true that one
would have great difficulty finding
any significant improvement in
education as we continue to stum-
ble our way as a D+ system," said
Dr Nottage.
"Had this plan been imple-
mented by my successors, many
of the problems that we now face,
particularly as it related to the
availability of skilled labour,
would have been averted."
He pointed out that Bahami-
ans are "constantly crying out or
bickering about" immigration
issues in the Bahamas.
"We complain that there is a
glass ceiling in the major eco-
nomic pillars that sustain the
Bahamian economy tourism
and financial services. As a result
it is said that too many non-
Bahamians are brought into the
country legally to do jobs for
which Bahamians are qualified,
depriving Bahamians of lucrative
earning potential in their own
country," said Dr Nottage.
"We complain that in recent
times governments have aban-
doned their own policy of
Bahamianisation, which requires
that where such non- Bahamians
are recruited for a specific period


of time, usually three years, a suit-
able Bahamian should be found
and trained to replace the expa-
triate at the end of the period."
The party leader said that this
training happens very infre-
quently and by the end of such
contracts no Bahamian has been
trained and another work permit
is issued.


Said Dr Nottage: "Bahamians
must cease being afraid
of foreigners and illegal
immigrants. This is our
country.
"We are in control.
"We have to set the parame-
ters for our development and we
have to ensure that they are
enforced."


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THE TRIBUNE








PAGE10,MONDY, UGUS 22 200 TH ~7IBUE,


University recognises

Rotary Club of Sunrise


THE Rotary Club of Sunrise
has been recognised by Ket-
tering University in Flint,
Michigan for providing schol-
arships to students to attend
the university's Academically
Interested Minorities (AIM)
annual summer programme.


This year the club sponsored
Antholischa Johnson, an
eleventh grader of Govern-
ment High School. Antholis-
cha attended the programme
from July 5 to August 5.
The club also sponsored
Travis Bethel who attended the


summer programme last year.
He is now a freshman at Ket-
tering University. Travis
received a $16,000 scholarship
from the university and an
additional $2,000 from Exxon
Mobil Foundation, the parent
company of Esso Bahamas.


PARLIAMENTARY secretary in the Ministry of Tourism Agatha Marcelle, congratulates res
idents of Harbour Island on winning the Best Island in the Caribbean Award from Travel + Leisure
magazine at a special service of thanksgiving held at Wesley Methodist Church.




Briland kicks




off 'best island'




celebrations


HARBOUR ISLAND -
Residents here started off a
two-day celebration for the Best
Island in the Caribbean Award
bestowed last month by.Trvyel
+ Leisure magazine with afspe-
cial service of thanksgiving at
the Wesley Methodist Church
on Sunday.
The ecumenical service began
at 3pm and was a combined
effort of all seven churches on
the island. The service was
attended by District Council
members for Harbour Island,
Ministry of Tourism officials
from across the Bahamas,
Member of Parliament for
North Eleuthera, Alvin Smith
and joyous residents.


The quaint church located on
Church Street was almost filled
to capacity with jubilant Bri-
landers who took every oppor-
tunity to showcase their island
"'pride during the lively service..
Bringing special remarks on
behalf of the Ministry of
Tourism was parliamentary sec-
retary, Agatha Marcelle.

Encouraged
She congratulated the resi-
dents of Harbour Island for the:
momentous achievement and
encouraged them to maintain
the high level of service that
caused them to win the award.


Mr Smith also congratulated
residents of Briland. He told
residents attending the church
service that while the various
marketing efforts on behalf of'
tourism partners may be"the'
reason that visitors first choose,'
to visit the island, it is the
warmth and hospitality of the
people of Harbour Island that
keeps them coming back.
The Harbour Island celebra-
tion will continue today with a
special parade that begins at,
noon on Bay Street.
An island wide party at 6pm
under the Fig Tree, offering a
taste of all the foods of
Briland, will round out the occa-.
sion.


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THE TRIBUNE'


j


PAGE 10, MONDAY, AUGUST 22, 2005







THE ~ ~ ~ ~ ~ ~ ~ ~ OA TRBNNONAEAGST2,205SAE1


Woman Marine
Atiya Coakley
completes
Ohio course
WOMAN Marine Atiya
Coakley has returned home
from a two-week Foreign
Military Sales Security Assis-
tance course at the Wright
Patterson Air Force Base,
Dayton, Ohio.
The course's objective was
to prepare participants for
the multi-faceted technologi-
cal changes within the mili-
tary work environment. The
two-phase course covered
topics such as "Introduction
to Security Assistance
Financing", "International
Technologies and Export
Control", "Introduction to
Logistics and Transporta-
tion", as well as those related
to purchasing and transfer-
ring of military equipment.
On conclusion of the
course, students participated
in an International Manage-
ment Representatives Pro-
gramme.
Woman Marine Coakley
joined the RBDF in 2001
and currently serves in the
Personnel Data Department.


The

HAVE you ever read one
of those travel agency ads that
offer seven days/six nights in
Paradise (not ours, unfortu-
nately!) for a package price of
$399? You may have also
noticed the fine print in the
ad: Airport transfers, taxes,
tips, and departure tax not
included. Although the basic
cost of the trip is $399, there
are other charges that must
also be paid.
Purchasing a home also
includes many out-of-pocket
expenses beyond the agreed
purchase price. While the
down payment may be the
largest expense attached to a
home purchase, ask your
BREA agent to provide an
itemised list of other expected
fees and expenses required to
consummate the transaction,
so that you don't experience
any surprises.
SDepending on the mortgage


fine


e
l' S


plan chosen, other charges
may include:
loan origination fees,
insurance,
mortgage indemnity insur-
ance fees,
recording fees,
fees for an appraisal
required for your loan appli-
cation, and
* purchaser's share of the
Government stamp duty.
ISome fees are figured as a
percentage of the purchase
price or loan amount, while
others are a flat amount.
Only your attorney can cal-
culate the exact amount need-
ed to complete the transac-


rint


tion, but purchasers should
expect to receive an estimate
of those costs for planning
purposes from the real estate
agent. Armed in advance with
the necessary figures, pur-
chasers can plan their pur-
chase with confidence.
Ms Massoni is a sales
associate at Coldwell
Banker/Lightbourn Realty in
Nassau.


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.


MAINTENANCE OFFICER

Responsibilities/ Duties:
Support and maintenance of Group/ Company
infrastructure and properties.

To provide support for the maintenance of:
Plumbing
Electrical
Air-contitioning
Gardening
Garbage
Storage
Security

Skills:
Communication Written and verbal.
Personal Computer skills would be an asset
(for report writing).

General maintenance

Own transportation would be reqired.

Deadline for application: Friday, August 30, 2005

Addressed to: Maintenance Officer
P.O.BoxSS-6238
Nassau, Bahamas


LIsMnT


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Business Management

Accounting & Finance

Business IT

Information Systems & Management

Law LLB(Hons)

Business Law LLB(Hons)


Master's Degree Program

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Contact

Success Training College
324-7770
E-mail: courses@successbahamas.com web site: www.successbahamas.com


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THE TRIBUNE


MONDAY, AUGUST 22, 2005, PAGE 11


.. . .


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PAGE 12, MONDAY, AUGUST 22, 2005


THE TRIBUNE


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* THE young dancers of the Litugical Dance group enjoys the crowd'responce to thier dance
perormance
(Photos: Mario Duncanson/ Tribune Staff)


* MELANIE Griffins enjoys the performances







Project Manager wanted for the construction and delivery of new
Headquarters and Conmmercial complex with responsibility for quality
control, design and construction coordination and contract management.
Project Manager will be expected to:
Participate in the planning and formulation of design alternatives and solutions of
construction, plans and specifications from planning and design phase to completion
of construction documents, process to include full interpretation and review of
proposed designs, architectural drawings and building specifications, including
assessment of structural and electrical engineering;
Develop and administer project budgets, estimates and fiscal controls, monitor
contracts and quality and cost control provisions;
Oversee all aspects of the day-to-day management of construction, including
coordination and monitoring of work performed by architectural, engineering and
construction subcontractors to ensure quality and maximize meeting of deadlines
Liaise with institutional, government and local entities and initiate and coordinate
revisions where appropriate after review with client;
Ensure project operations comply with design specifications and government
regulatory policies and regulations;
Establish performance and delivery criteria, ensuring that client and institutional
requirements are being met; coordinate procurements as appropriate;
Advise and make recommendations as they relate to contracts, purchase orders,
change orders and contractor payment invoices;
Research and prepare various reports as they relate to operations, equipment, policies.
Perform miscellaneous job-related duties as assigned.


SBank of The Bahamas
W I N T E R N AT I O N A L
To obtain a copy of the Project Plan, letters of request with credentials should be sent to
Laura Williams PO Box N 7118 Nassau, Bahamas
Requests must be received no later than Friday, September 2, 200.5.


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Tel: 326-6377, 326-6464/5, 326-0013/4, 326-6382 Fax: 326-6315
Email: sanpin.vehicles@coralwave.com


- 1 1, -.,.. .... .. .





THE TRIBUNE
|-----------------


"Your Bahamian Supemarkwets"

SUPER
VALUE
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MONDAY, AUGUST 22, 2005, PAGE 13


BED BATH & HOME
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r EVERCANE I .LIBBY'S
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OR SLICED
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$ 39 89
BLUEBIRD H [ OY

JUICE
STD" FLAVORSI E.
11.5- OZTIS
$19 99.
CASE $11.88
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RUGS BATHROOM WALL CLOCKS
TOWELS ACCESSORIES WALL PICTURES
SHEET SETS LAMPS PICTURE FRAMES
TABLECLOTHS BLENDERS FALTWARE SETS
THROW PILLOWS FIGURINES COOKWARE SETS
COMFORTER SETS BAKEWARES GLASSWARE SETS
SHOWER CURTAINS DINNERWARE SETS


Located: Harbour Bay Shopping Center
Ph: 393-4440 or 393-4448 )


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PAGE 4, MNDAYAUGUT 22,2005THE TIBUN


Appeal to public for help

identifying murder victim


FROM page one
Inspector Walter Evans told
The Tribune Sunday that
police made the discovery
after receiving reports of gun-
shots being fired in the Cow-
pen Road area shortly after
10pm Friday.
The man's body was found
in a burgundy coloured Nis-
san Ultima in a field about
500ft off the road.
Police have been unable to
contact a next of kin, and the


man's identity was still
unknown up to press time yes-
terday.
The vehicle was being exam-
ined for forensic evidence at
the weekend. Police have not
been able to establish a motive
or any suspects.
Inspector Evans has asked
anyone with clues to the man's
identity or anyone who may
have been in the area at the time
of the incident, to come forward.
In other crime news:
A female visitor from Wash-


ington, DC, was listed in seri-
ous condition at the Princess
Margaret Hospital yesterday
following a boating accident
Friday morning.
The 36-year-old was sitting
close to the stern of a boat
near Rose Island when she
"came into contact with the
boat's propellor", police
reported yesterday.
She received multiple
injuries and was rushed to hos-
pital. Police have not released
the woman's identity.


Samples test positive



for contamination


FROM page one
Parliamentary secretary at the
Ministry of Health Ron Pinder
said Sunday that the extent of
the contamination was still not
known, but Shell Bahamas now
had the responsibility of clean-
ing the site.
Subsequent leak tests con-
ducted on the fuel pipelines and
the tank system by Shell
Bahamas revealed that there
were no existing leaks at the
service station.
"(The most recent findings)
would indicate a past leak," Mr
Pinder explained during a press
conference.
The samples were taken on
August 7 after workers sent to
fix a sewer problem smelled
gasoline and reported the issue
to the Department of Environ-
mental Health.
Luther Smith, engineering
and project manager at Shell
Bahamas; and Thomas Des-
mangles, safety adviser at Shell
were both at yesterday's press
conference and said the com-
pany immediately stepped in to
minimise the damage.


They both noted that Shell
Bahamas takes proactive steps
to ensure their products do not
leak into the environment and
that there is no contamination.

Inspection

Mr Desmangles said that
Shell periodically inspects pipes
and pipelines. The company
also conducts quarterly moni-
toring of its sites by taking water
samples from monitoring wells
to be tested.
"This is a part of our proce-
dure, not just when we have an
incident but it is a proactive man-
agement process. This is an ongo-
ing process to ensure that one,
we are not contaminating the
environment, and two that there
is no release to the environment.
"That is against Shell group
business principles, whenever
we find a site we immediately
get to it to ensure the damage is
minimised," he added.
Mr Smith said it was difficult
to say how the site would be
cleared until the extent of con-
tamination is determined. The


cost and length of time to exca-
vate the oil will also have to be
discovered.
But whatever the method, he
assured the public that the site
would be cleared according to
local and international stan-
dards.
According to Mr Pinder, the
extraction of oil can be a very
lengthy and expensive process,
as high as hundreds of thou-
sands of dollars in severe cases.
He noted that as a result of
this incident, the Environmental
Monitoring Risk and Assess-
ment Division of the Depart-
ment of Environmental Health
would step up its monitoring
efforts of all facilities with
underground fuel tanks.
He said that while this was pri-
marily the responsibility of each
oil company, the government
has a responsibility to ensure
that the information is accurate.
In particular, he said the gov-
ernment plans to recommend
that all underground service sta-
tions be upgraded.
Shell has already updated at
least five of its stations at a cost
of more than $1 million each.


Senator Smith undergoes


operation on intestine


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FINCO


FROM page one
office on Sunday, Mr Smith was
admitted to the Princess Mar-
garet Hospital on the weekend
of August 14, shortly after the
start of a scheduled vacation,
and was. treated for abdominal
discomfort.
Mr Smith travelled to Wash-
ington for further consultation
and on Thursday underwent. a
successful operation to remove
the lesion from his large intes-
tine.
The release added that Mr
Smith's recovery was going well
and he is expected to return
home within one week to con-


tinue his convalescence.
Speaking with The Tribune
yesterday, a physician, who was
not speaking specifically to Mr
Smith's case, noted that a lesion
on the large intestine could be
either a tumour or a polyp, both
of which could be treated by
laparotomy a surgical incision
into the abdominal cavity. He
said the condition could also be
the result of an inflammation
of the intestine.
However, without access to
Mr Smith's medical files the
doctor said it would be hard to
say exactly what caused his con-
dition or what his recovery peri-
od would be like.


According to the Free
National Movement's website,
Mr Smith underwent the
surgery at the prestigious John
Hopkins Hospital in Baltimore,
Maryland.
Johns Hopkins is the same
hospital where Prime Minister
and Minister, of Finance Perry
Christie received medical check
ups following his stroke earlier
this year.
"We offer our prayers and
best wishes and would like to
wish Senator Smith, who also
served as Ambassador for
Trade in the FNM administra-
tion, a speedy recovery," said
the FNM.


Airport runway closed


FROM page one
Aviation Glenys Hanna-Mar-
tin and the government
spokesperson did not return
calls to The Tribune yesterday.
Last month, personnel at the
airport claimed that the newly
refurbished runway was "still
faulty" and that there were
cracks in the asphalt. Howev-
er, Works and Utilities Minister
Bradley Roberts stated that
"whatever deficiencies there
were at the airport have been
corrected".
According to the NOTAM


(Notice To Airmen) issued last
week, runway 14/32 was expect-
ed to re-open today.
The multi-million dollar con-
tract with Lagan Holdings was
signed in May 2004 and also
calls for the refurbishment of
the airport's second runway, an
upgrade of the lighting fixtures,


a landscaping and beautifica-
tion initiative, shoulder works
and the reconstruction of the
southern connector between
taxiway and runway 14/32.
Runway 14/32 was re-opened
in late June for Virgin Atlantic's
inaugural flight from London
to Nassau.


He needed a knee replacement.


And he had one here.


DOCTORS HOSPI
HIP AND KNEE
REPLACEMEN
CONSULTATION

Date: August 24t
Time: 4:00 pm 8:0

FOR AN APPOINT
CALL 302-4684


Do you have daily joint pain? Do you
suffer from severe Osteoarthritis? Does
ITAL your pain affect your daily activities? Do
E you have stiffness of your knee or hip
T joint?
NS
S Dr. Jimmy Lee M.D., F.A.C.S., Orthopedic
and Total Joint Replacement Surgeon will
h be conducting his monthly Total Joint (hip
0 pm and knee) Replacement Consultations at
-- the Doctors Hospital Sessional Clinic.
dENT Join the many patients who lead an active
lifestyle and now live pain free.

For more information, or to schedule an
appointment call Doctors Hospital's
Sessional Clinic at (242) 302-4684.


*i DOCTORS HOSPITAL
Health For Li/c


BURNS HOUSE GROUP OF COMPANIES






NOTICE




TO THE GENERAL PUBLIC


OUR TELEPHONE NUMBERS HAVE CHANGED AS FOLLOWS:


Burns House Ltd. 397-1400 Head Office JFK
Butler & Sands Co. Ltd. 397-1400 Head Office JFK
Customer Service 397-1413 1417
Warehouse 397-1419 1424


WE APOLOGIZE FOR ANY INCONVENCIENCE CAUSED.



THANK YOU MANAGEMENT


'~4l~arreeraaae~~s*E;ri~srex~~


EMW


PAGE 14, MONDAY, AUGUST 22, 2005


THE TRIBUNE








L L D TA TIONAL


"Copyrighted Material
Syndicated Content
Available from Commercial News Providers"


Quitting Smoking Now Greatly Reduces


Serious Risks to.Your Health.


Ambassador Sears aiming to
promote Bahamian products
BAHAMIAN Ambassador to the United States
Joshua Sears watching Mr. Clarence Russell as he
prepares goat peppers, on August 19, for Conchy
Joe's line of pepper sauces.
The sauce is one of the product line produced by
Bahamas Food Packaging, Ltd. They also produce
conch chowder and conch fritter batter under the
Conchy Joe's banner. Ambassador Sears was touring
the facility with Permanent Secretary at the Mia-
istry of Trade and Industry Mrs. Helen Ebong to
investigate ways that he can promote Bahamian prod-
ucts in the United States.


__ _~I__~_ __


MONDAY, AUGUST 22, 2005, PAGE 15


THE TRIBUNE,







PAGE 16, MONDAY, AUGUST 22, 2005


THE TRIBUNE


0 PRESIDENT of Bahamas
Food Packaging, Ltd. Glen
Rogers (right) showing
Bahamian Ambassador to the
United States Joshua Sears
and Permanent Secretary at the
Ministry of Trade and Industry
Mrs. Helen Ebong one of the
k-: steps in manufacturing a litre
plastic bottle during a tour of
his company, on August 19.
i (Photo: Eric Rose)


Bahamas Food


Packaging tour

PRESIDENT of Bahamas Food Packaging, Ltd., Glen Rogers
(centre) speaking with Bahamian Ambassador to the United States
Joshua Sears and Permanent Secretary at the Ministry of Trade and
Industry Mrs. Helen Ebong, in a plastic bottle warehouse during a
tour of his company, on August 19. The company produces various'
items, including plastic bottles, PVC pipes and the Conchy Joe's line
of conch chowder, conch fritter batter and pepper sauce. Ambas-
sador Sears was touring the facility to investigate ways that he
can promote Bahamian products in the United States.
(BIS photo: Eric Rose)




vsi B i i A *- i ii i glll




"Copyrighted Material
Syndicated Content
Available from Commercial News Providers"









Courtesy calls with Minister of Foreign Affairs


* MINISTER of Foreign Affairs apd the Public Service Fred Mitchell paid a courtesy call on Unit-
ed States Ambassador John Rood on Tuesday August 16, at the US Embassy. Mr Mitchell toured
the newly renovated visa department facilities which have been expanded and improved to assist
with processing the large number of visa applications received each year.
(BIS photo: Tim Aylen)


* THE National Baptist Convention USA Layman's Movement paid a courtesy call on Fred
Mitchell on Tuesday August 16, at the Ministry of Public Service. The group was on a four-day
cruise through the Bahamas aboard the Majesty of the Seas. National Layman's president Harold
Simmons (centre) is pictured with Mr Mitchell.
(BIS photo: Tim Aylen)


C


oW Copyrighted Materialla
*- Syndicated Content...--
Available from Commercial News Providers"
S.......... .. .... ..... .



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y Lowe' Wholesale, Soldier Rd
Tel: 393-7111 F Pax: 3a9-0440


----


THE TRIBUNE


MONDAY, AUGUST 22, 2005, PAGE 17


ad Ci


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first







THE TRIBUNE


PAGE 18. MONDAY, AUGUST 22, 2005


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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.


UN


MONDAY, AUGUST 22, 2005, PAGE 19


THE TRIBUNE


0











Egypt's Muslim Brotherhood


urges voters to cast ballots in


the presidential elections


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The fine line of General Electric appliances found at Geoffrey Jones cater to today's busy households
and fit every lifestyle. Our wide variety of GE appliances are designed to suite your needs, providing the
ultimate in convenience, performance and style. With the best that technology has to offer, competitive


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THE TRIBUNE


PAGE 20, MONDAY, AUGUST 22, 2005


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THE TRIBUNE


MONDAY, AUGUST.22, 2005, PAGE 21
iI


MONDAY EVENING


AUGUST 22, 2005


7:30 8:00 8:30 9:00 9:30 10:00 10:30
---
Antiques Road- Antiques Roadshow "Omaha" Om- Frank Lloyd Wright t (Part 1 of 2) (CC) History Detec-
SWPBTshow FYI Restor aha, eb.; steam-powered tractors; tives () A
ing paintings. marionette theater. (CC) (CC)
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0 WFOR n (CC) Queens Van Loves Raymond Men n (CC) Men ,t (CC) related gunplay in a hospital emer-
Go" A (CC) fl (CC) gency room. (CC)
S ,Access Holly- Fear Factor Four pairs compete in Las Vegas Mobsters attempt to ex- Medium "In the Rough" Allison finds
B WTVJ wood (N) (CC) an explosive slide in an upside- tort money from a restaurant owner. information that could resultin a
down car. n (CC) n (CC) murderer being set free. (CC)
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family with 5 children. (CC) stop all her medications. (CC)
Jeopardy! "Col- NFL Preseason Football Dallas Cowboys at Seattle Seahawks. From Qwest Field in Seattle. (Live) n (CC)
I WPLG lege-Pittsburgh"


A&E live Reports (CC) Gotti(CC) Gotti(CC) (N)(CC)
_______(CC)___________
Hardtalk BBC News World Business BBC News Click Online Es- BBC News Asia Today
BBCI (Latenight). Report (Latenight). sential guide to (Latenight).
computers.
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B I down life threatens a rapper's promising music career. (CC) (CC)
C B Coronation *'** SHANGHAI KNIGHTS (2003) Jackie Chan, Owen Wilson. Chon The National (CC)
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n (CC)
:00) In a Fix Resident Life 'The Big Test" A gen- Untold Stories of the E,R. A 6- Face Eating Tumor The largest
TLC (CC) eral surgery resident treats severely year-old boy punctures his skull with recorded facial tumor is removed
burned factory workers. a pitchfork. from a five-year-old boy. (CC)
(:00) Law & Or- Law & Order Detectives probe the The Closer "LA Woman" An Iranian Wanted A rookie cop's slaying
TNT der "Shangri-La" poisoning death of a con man pos- businessman is assassinated. (N) launches the team in pursuit of a
(CC)(DS ing as a grief counselor. (CC) killer hiding in Mexico. (CC)
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times Unit ft pornographer. A (CC) elderly, (CC) from spoiling a wedding.
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S Songs Rock School n (CC) meager beginnings. f
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WGN ment 'To Build or Amanda Donohoe, Genevieve Tessier. A writer helps his creative partner
Not to Build" look for her lost dad. f (CC)
Everybody 7th Heaven When Simon's current Summerland Johnny realizes his WB11 News at Ten With Kaity
WPIX Loves Raymond girlfriend confesses to him that she true feelings for Ava when he sees Tong, Jim Watkins, Sal Marchiano
Ray's jealousy. has an STD, he panics, her on a date. n (CC) & Mr. G (CC)
..., Jeopardy! "Col- One on One All of Us Robert Girlfriends Lynn Half & Half Mona Dr. Phil Dealing with moochers.
W SB K lege-Pittsburgh" "Glug, Glug" t and Tia's mar- has feelings for is offered a differ-
(CC) (CC) riage. ft (CC) her bandmate, ent job.

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(2003)'PG-13' .ety defends his new home.
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H BO-W Lee Curtis, Kevin Pollak. Concerned teens lock their Juliette Lewis, Mary Steenburgen. A grocery store worker sacrifices all for
bickering parents in the cellar. n 'PG' (CC) his family. f 'PG-13' (CC)


(6:30) *** Ellen DeGeneres: Here and Now ** HOME FRIES (1998, Comedy) Drew Barrymore, (:45) Wedding
H BO-S RKO 281 (1999) ft (CC) Luke Wilson. A pregnant fast-food clerk encounters a Crashers: HBO
Liev Schreiber. psychotic family. f 'PG-13' (CC) First Look (CC)
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MAX-E DERWORLD jamin Braftt, Sharon Stone. A shy artist acquires feline Sugar f (CC) Drama) Demi Moore, Armand As-
(2003) 'R' (CC) strength and agility. 'PG-13' (CC) sante, Ving Rhames. 'R' (CC).
(:05) * BULWORTH (1998, Comedy-Drama) * RESIDENT EVIL: APOCALYPSE (2004, Horror) (:40) Sex
MOMAX Warren Beatty. A disenchanted U.S. senator turns his Milla Jovovich, Sienna Guillory. Survivors of a deadly Games: Vegas
campaign upside down. n 'R' (CC) virus battle zombies. f 'R' (CC) n (CC)
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SHOW edy).Julia Stiles, Luke Mably. iTV. A collegian and a hires a famous lawyer. fn (CC). sells pot-filled sells pot-filled.
Danish prince fall in love. ft 'PG' (CC) baked goods. baked goods.
S (6:15)** * *, MONSTER (2003, Biography) Charlize Theron, Christina Ricci, s BOAT TRIP (2003, Comedy)
TMC SEX, LIES, AND Bruce Dern. Aileen Wuornos kil VIDEOTAPE 'R' 'R' (CC) Roselyn Sanchez. ft 'R' (CC)


Time: See

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PAGE 24, MONDAY, AUGUST 22, 2005


THE TRIBUNE


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Share your news
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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.


48


*


**









MONDAY, AUGUST 22, 2005


SECTION


business@tribuneedia.net Miami Herald Business, Stocks, Analysis, Wall Street


'Outstanding




summer' for




Baha Mar


* By NEIL HARTNELL
Tribune Business Editor
BAHA Mar's Cable Beach
Resorts "had an outstanding
summer beyond our expecta-
tions", with both occupancies
and room rates beating projec-
tions through increased Inter-
net sales and promotions and
the development of new busi-
ness relationships with whole-
salers.
Michael Sansbury, Baha Mar
Development Company's exec-
utive vice-president and chief
operating officer, told The Tri-
bune that "even September",
regarded by most Bahamian
hoteliers as the slowest tourism
month of the year, was "looking
very encouraging for us".
He added that some 200 of
the planned 700 new slot
machines were already on the
floor at the Crystal Palace casi-
no as part of a $7 million
upgrade programme. The new
carpeting, which would cover
the entire casino floor, was 33
per cent completed, and Baha
Mar was also preparing to
install new chairs and furniture,
plus undertake a repainting job.
Mr Sansbury said the initial
$15 million investment to


* THE Baha Mar Development Company signs the Heads of
Agreement for the $1.2 billion development at Cable Beach.
(Photo: Mario Duncanson)


upgrade the three Cable Beach
hotel properties the former
Radisson Cable Beach resort,
Wyndliam Nassau and Nassau
Beach Hotel had already been
allocated in its entirety.
Although not all that amount
has yet been spent, the Baha
Mar chief operating officer said:
"We have probably written
cheques for about 50 per cent of,
that."
Apart from the renovations


at the Crystal Palace casino, Mr
Sansbury said the developers
had "completed a model guest
room" for the Wyndham resort,
which had been "signed off" on
by all relevant parties. The
model room had been "fully
refurbished" and was now being
rolled out through the Wynd-
ham.
And apart from enhancing
SEE page 3B


DHHS to repay $lm more in

debt principal in fiscal 2006


* By NEIL HARTNELL
Tribune Business Editor
DOCTORS Hospital Health
System expects to repay $1 mil-
lion more in debt principal this
fiscal year than it did last time,
its chief financial officer told


The Tribune, as the healthcare
provider confirmed its ongo-
ing recovery by posting a more
than 100 per cent increase in
net income for the six months
to July 31, 2005.
The BISX-listed company's
financial results showed that


net income for the first half
almost tripled, coming in at
$2.613 million compared to
$908,000 for the first six months
to July 31, 2004. Net earnings
per share (EPS) rose, to $0.26
SEE page 7B


80% of Bahamian

computers attacked

by spyware hackers


Investing Is Only For Rich Folks.


* By YOLANDA
DELEVEAUX
Senior Business Reporter
IN the wake of a computer
worm attack that shut down
networks across North Ameri-
ca, Europe and the Caribbean,
Bahamas-based businesses are
being urged to remain vigilant
and regularly upgrade their
security systems against external
threats.
In an interview with The Tri-
bune, Jevon McIntosh, a secu-
rity sales specialist at IBM
(Bahamas), estimated that
about 80 per cent of all com-


puters in the Bahamas both
residential and business-based -
have at some time been
attacked by a form of spyware
or a similar programme.
"Bahamian-businesses are
just as vulnerable as any in the
US. A lot of times these indi-
viduals just write programmes
so they can prove a point or see
the impact they can cause in a
given circle. Bahamians are as
suspect to any attack that is
launched on the US or any
country around the worldm and
they.need to take the same type
SEE page 8B


Oil companies still in the

dark on PetroCaribe


That is the biggest lie we tell ourselves. Why speak


failure over your finances? Every day, thousands of


Bahamians are already invesng and generating


millions of dollars in personal wealth. Why aren't


you claiming your share?
I.~ :!!,,-awi'twat'wrirng!^liarv yourf~-'w-.afi^^viii-i.^ii~iw^ '.'-i-!nnnsi:r^i!"i' ~nnn i~f~r~-'i~rr.K>i ^


* By YOLANDA
DELEVEAUX
Senior Business Reporter
A BAHAMIAN oil company
has told The Tribune it expects
any implementation of the
PetroCaribe accord to respect
existing international contracts
and Bahamian law, having tak-
en a neutral position on the
potential deal with Venezuela
in the absence of details on the
agreement.
Troy Simms, country manag-
er for Esso Standard Oil, said it
was unclear when officials from
the three Bahamas-based oil
product wholesalers, which


include Shell and Texaco, would
get the opportunity to under-
stand PetroCaribe's terms and
conditions and how it would be
implemented.
This was despite the three
companies meeting last week
with Leslie Miller, minister of
trade and industry, and the
Petroleum Usage Review Com-
mittee. They indicated they
would soon get back to the oil
companies with the information
they required.
Mr Simms said Esso had
enjoyed a long-term partner-
ship with the Government, and
SEE page 5B


For professional financial advice in a friendly atmosphere, you should call:




Financial Advisors
Make Your Money Grow*


MoneyGrows@ColinaFinancial.com


502-7010


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PAGE B, MNDAYAUGUT 22,2005THEITEBUN


International Markets

FOREX Rates
Weekly % Change
CAD$ 1.2104 1.12
GBP 1.7964 -0.95
EUR 1.2135 -2.40
Commodities
Weekly % Change
Crude Oil $65.35 -2.26
Gold $439.10 -3.43
International Stock Market Indexes:
Weekly % Change
DJIA 10,559.23 -0.39
S&P 500 1,219.71 -0.87
NASDAQ 2,135.56 -0.99
Nikkei 12,291.73 0.25


The volume leader for the
week was Benchmark
(Bahamas) (BBL), with 36,600
shares changing hands and
accounting for 56 per cent of.
the total shares traded. The flur-
ry of buying activity within the
BBL order books is being inter-
preted as good news by some
market observers.
There is speculation that
BBL may have reached a set-
tlement arrangement with
respect to a court case involving
its subsidiary, Alliance Invest-
ment Management.
During its Annual General
Meeting held a few months ago,
Benchmark president Julian
Brown told shareholders that
BBL had been offered a settle-
ment of $500,000, but this offer
was rejected by BBL's manage-
ment.
The big advancer for the
week was FINCO (FIN), up
$0.12 to close the week at its
new 52-week high of $10.61. On
the down side, Colina Holdings
Limited (CHL) lost $0.19 to
close at its new 52-week low of
$1.80.
COMPANY NEWS
Colina Holdings (Bahamas)


(CHL) -
CHL has announced the
appointment of Ingrid Culmer
as its internal auditor. Ms Cul-
mer will have the responsibili-
ty of implementing and direct-
ing the company's audit poli-
cies, procedures and standards.
Ms Culmer will also perform
the same function for CHL's
subsidiary company, Coli-


nalmperial Insurance.
In related news, it was
reported in the press that a
Deloitte and Touche audit of
the Colina Bond Fund (Fund)
noted that about $2.63 mil-
lion of its net assets were
loaned to related party enti-
ties. This loan breached the
Fund's asset allocation guide-
lines.


Hoteliers welcome



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1. Supports performance management culture (includes coaching, documentation & consultation
2. Direct responsibility for day-to-day industrial relations, including health and safety matters
3. Provides accurate information to customers and ensures that internal and external customers are provided with the
highest quality service at all times in the are of Human Resources
4. Maintain program/project records; provide data for monthly reporting
5. Responsible for all entry-level recruitments including management of requests from the business
6. Research & analysis of HR benefits and policies
7. Oversee Benefits/Payroll functions
If you are interested:
Submit your resume and private & confidential in WRITING ONLY before September 2,2005 to:
Jamise Sturrup
Human Resources Assistant
P.O. Box N-7125
Nassau, Bahamas
Or e-mail: Jamise.sturrup@firstcaribbeanbank.com
FirstCaribbean International Bank thanks all applicants for their interest, however only those under consideration
wiH be contacted.
Vacancies are open to Bahamian residents only.


line of January 1 2008.
Jeremy MacVean, Comfort
Suites general manager and
past president of the Bahamas
Hotel Association (BHA), said
the BHA, joined by US
Ambassador John Rood, had
heavily lobbied the US State
Department because they were
worried that early implemen-
tation of the regulations, which
would require all US citizens
to present a valid passport
upon returning from the
Bahamas, the Caribbean, and
Central and South America,
could cause the loss of a sig-
nificant tourist business to
Mexico.
A study prepared for the
Caribbean Hotel Association
(CHA) by the World Travel
and Tourism Council (WTTC)
further predicted that the 2006
implementation of the passport
requirements could cost the
Bahamas' tourism industry
$446 million in earnings and
13,134 in jobs.
That study found that in all,
the policy could risk some $2.6


billion in visitor export earn-
ings and 188,000 tourism jobs.
Mr MacVean said that as an
industry, the BHA would con-
tinue to press ahead with advi-
sories to potential US travellers
to obtain passports for them-
selves..
Earlier this year, the US
State Department announced
the Western Hemisphere Trav-
el Initiative, which requires US
citizens to possess a valid pass-
port when returning from cer-
tain countries.
However, in announcing the
policy change last week, the US
State Department announced
that the deadline for the
Bahamas and Caribbean, which
was initially set for December
31, 2006, was under review.
Robert Sands, vice-president
of administration and external
relations for Baha Mar Devel-
opment Company, also wel-
comed the news.
He said the additional time
period would give visitors from
the US time to get their docu-
ments in order.


support of our scheduled service between
the Turks & Caicos Islands and the Bahamas.
Travelers have benefited like never before from
our premium service and we look forward to


Call your travel professional for reservations and tickets


IT was another active trad-
ing week in the Bahamian mar-
ket as over 65,000 shares
changed hands.
For the week, the market saw
11 out of its 19 listed stocks
trade of which five advanced,
three declined and three
remained unchanged.


, I r',


* By YOLANDA
DELEVEAUX
Senior Business Reporter
BAHAMIAN hoteliers have
welcomed the US withdrawal
of its proposed December 2006
deadline for implementing the
new passport rules, saying it put
the Bahamas and rest of the
Caribbean region on equal
footing with Mexico and Cana-
da, both of which have a dead-


Customer Service

Representative
(Part-time)


The successful candidate should possess the
following qualifications:

* A minimum of four BGCSE with "C" or above
passes (including Math and English).
* At least two or more years banking experience.
* Previous experience as a Customer Service
* Representative would be an asset
* Key skills include: customer-oriented,
communications, confidentiality, initiative and
pro-activity and must be a team player.
* Must be computer literate.
* Must be able to maximize opportunity spotting
with all customers to enhance referrals, sales
activities and contribute to customer care.

A competitive compensation package (base salary
& attractive variable compensation) will be
commensurate with relevant experience and
qualifications.

Persons. who have applied before need not apply
again. Please apply before August 26, 2005 to:

The Manager
Human Resources
Bahamas .& Caribbean
Royal Bank of Canada
P.O. Box N-7549
Nassau, N.P, Bahamas
Via fax: (242)328-7145
Via email: bahcayjp@rbc.com

www.rbcroyalbank.com/caribban (RBC
Royal Bank
S .ted trdof of RBykCl ank of ,N. ofCan da-
-Th.u(i.o, iy ,.ljn.RB.,.fdmir, olloi,..kofin.. onfl>O Canada-3


~111111111~ 1 111111~1111~ 11111


PAGE 2B, MONDAY, AUGUST 22, 2005


The Local Stock Market

FINDEX 435.63 YTD 1.321%
BISX CLOSING CHANGE VOLUME YTD PRICE
SYMBOL PRICE CHANGE
AML $0.80 $- 0 -27.27%
BAB $1.15 $- 0 19.79%
BBL $0.79 $0.09 36600 -7.06%
BOB $6.60 $0.10 3320 14.78%
BPF $9.25 $- 300 15.63%
BSL $12.25 $- 0 -5.77%
BWL $1.40 $- 0 -22.22%
CAB $8.80 $0.07 4180 23.94%
CBL $8.57 $-0.05 4463 20.70%
CHL $1.80 $-0.19 10959 -18.18%
CIB $9.30 $- 575 24.17%
DHS $2.24 $- 0 49.33%
FAM $4.12 $- 0 4.04%
FCC $1.15 $- 0 -42.21%
FCL $9.00 $0.09 1700 12.50%
FIN $10.61 $0.12 2450 9.38%
ICD $9.60 $ 500 -2.93%
JSJ $8.27 $- 0 0.61%
KZLB $5.82 $-0.20 712 -3.96%
PRE $10.00 $ 0 0.00%

DIVIDEND/AGM NOTES:
0 CBL has declared a dividend of 8 per cent, payable on
August 31, 2005, to all 'C' Preference shareholders of record
date August 15, 2005.


THE TRIBUNE








THE TRIBUNE


MONDAY, AUGUS1


Cable Bahamas to





open Mall store and





distribution centre


* By YOLANDA
DELEVEAUX
Senior Business Reporter

FOLLOWING a $2 million
upgrade to its network, Cable
Bahamas will open a new retail
store and distribution centre in
the Mall at Marathon to sup-
port the launch of Oceans Dig-
ital TV, a new digital television
platform that is expected to sub-
stantially enhance the viewing
entertainment of the Bahami-
an public.
To facilitate the expected
demand from customers, Cable
Bahamas will also open new dis-
tribution centres in Eleuthera
and Abaco, 'where customers
can fully immerse themselves
in Oceans Digital TV'.
David Burrows, Cable
Bahamas' director of market-
ing and pay-per-view, said
Oceans Digital TV will intro-
duce subscribers to hundreds of
channels, many never seen
before on cable television in the
Bahamas.
He said: "It means a new
standard in quality. It means
new opportunities for Bahami-
ans through our own radio sta-
tions, and through Cable 12, the
community channel."
Erik Russell, Cable Bahamas'
general manager for Grand
Bahama and Abaco, said the
introduction of digital television
was the result of a major change
in the US cable industry.
The Federal Communications


Commission (FCC) had man-
dated that cable providers move
from analog to digital service
by December 2006.
He said Cable Bahamas saw
the requirement as an opportu-
nity to introduce digital services
to the Bahamas, a move that
allowed the cable provider to
take advantage of its submarine
network, which was imple-
mented three years ago.
Questioned about when the
service that would be made
available to other islands, Mr
Russell said that through the
four islands served by Cable
Bahamas New Providence,
Grand Bahama, Abaco and
Eleuthera Cable Bahamas was
already reaching more than 90
per cent of the Bahamas' popu-
lation.
He added that while the com-
pany was not legally required
to introduce services to the
entire Bahamas, it had satisfied
the requirements of its licence
and was providing service to a
majority of the Bahamas.
The prices for the new digital
packages range from $34.95 to
more than $200. Subscribers will
also be able to purchase one of
two set top boxes for access to
premium channels, with the first
costing $149.95, and giving
viewers all the channels and an
interactive programme guide.
Cable Bahamas is offering a $50
rebate, which will bring the
price down to $99.
The second set top box, the


64/12, is $99.95 and allows view-
ers to record shows, holding up
to 60 hours of television pro-
gramming. It will also allow the
subscriber to record two pro-
grammes at the same time. The
64/12 set top box is the only box
that can be used with digital
television.
Mr Burrows said that over
the next year, the current set
box would be phased out of ser-
vice.
5He added, however, that
there were no plans to either
discontinue the company's cur-
rent basic cable television ser-
vice or raise the price for this.
Ocean Digital TV will offer
more than 200 digital cable tele-
vision channels, including 24
pay-per-view channels, seven
foreign language channels, 18
sports channels plus the sea-
sonal National Football League
(NFL) Sunday Ticket and. the
National Basketball Associa-
tion (NBA) League Pass, 50
digital music channels, 20 radio
stations from the Bahamas and
the world, more than 30 movie
channels, providing an increase
of more than 400 per cent in
channel numbers some areas.
In total, Oceans Digital TV is
expected to deliver 300 chan-
nels to its subscribers.
To accommodate the new
digital pay-per-view channels,
Cable Bahamas decommis-
sioned all but four current ana-
logue pay-per-view channels last
month.


Baha Mar's 'outstanding' summer


FROM page one,
the landscaping at the three
hotels, Baha Mar has also
invested in new furniture for
the Nassau Beach Hotel.
The main construction phases
of Baha Mar's $1.2 billion rede-
velopment of the Cable Beach
hotels and strip are set to begin
in early 2006, with the redirec-
tion of West Bay Street and lay-
ing of base roads and other
infrastructure.
Mr Sansbury explained to.
The Tribune that the first step
in the infrastructure develop-
ment would be the design and,


creation of the resorts' Com-
mercial Village, where the
police station, government
buildings and commercial
banks that currently line the
Cable Beach strip will be relo-
cated.
Baha Mar's chief operating
officer said: "We have had a
Request for Proposal on the
street with local architects to
design the Commercial Village.
We expect to award the con-
tract to a local architect [this]
week."
Mr Sansbury added that Baha
Mar was working to a "very
aggressive timetable" in seek-


mgto have' the CofnmercialVil-
lage fully constructed "one year
from now". Once it was com-
pleted, and all the commercial
banks and government func-
tions relocated, the developers
would then be able to proceed
with the West Bay Street relo-
cation.
Under the terms of the Heads
of Agreement signed with the
Government earlier this year,
Baha Mar has earlier deadlines
to meet other than the con-
struction ones.
It has to make "best efforts"
to find a "world-class" hotel
operating partner for the
resorts by August 30, although
the Heads of Agreement allow
the Government to grant Baha
Mar a "reasonable extension"
if it "is satisfied that substan-
tial progress has been
achieved"
The same terms also broadly
apply to Baha Mar's search for
a casino operator, although the
deadline for this is December
31, 2005, and the Government
has the option of allowing the
developers to establish their
own casino brand.


Pricing Information As Of:
19 August 2005


The new digital platform will
be launched on four islands:
Eleuthera, August 22; Grand
Bahama and Abaco, October
3; and New Providence, Octo-
ber 11.


Located next to Atlantis,
with 228
beautifully
appointed Junior Suites
and meeting facilities
to accommodate
up to 70 people.

Our guests have
full use of the
exclusive facilities of
the fabulous Atlantis
just steps away.

In-room amenities
include: king size or
double double beds,
sitting area
with sofa bed,
cable tv, refrigerator,
in-room safe,
coffee maker, hair dryer,
complimentary deluxe
continental breakfast
served daily,
Pool with swim-up bar,
Crusoe's garden
restaurant .serving
breakfast and lunch,
Bamboo cocktail bar.

Ask about our local
corporate, group and
wedding rates.

Contact our
management team
for a site inspection.


PARADISE ISLAND
BAHAMAS
1 Paradise Island Drive
Paradise Island, Bahamas


afColiina
Financial Advisors Ltd.


52wk-Hi 52wk-Low Symbol Previous Close Today'sClose Change Daily Vol EPS $ Div $ PIE Yiel


1.10 0.80 Abaco Markets
9.25 8.00 Bahamas Property Fund
8.60 5.55 Bank of Bahamas
0.85 0.70 Benchmark
1.80 1.40 Bahamas Waste
1.15 0.87 Fidelity Bank
8.81 6.76 Cable Bahamas
2.20 1.80 Colina Holdings
9.08 6.75 Commonwealth Bank
2.50 0.67 Doctor's Hospital
4.12 3.85 Famguard
10.61 9.19 Finco
9.30 7.00 FirstCaribbean
9.00 8.31 Focol
1.99 1.27 Freeport Concrete
10.20 9.50 ICO Utilities
B.30 8.25 J. S. Johnson
. 69 4.36 Kerzner International BDRs
10.00 10.00 Premier Real Estate
52wk-Hi 2wk-Low Symbol


0.80
9.25
6.50
0.79
1.40
1.05
8.81
1.80
8.50
2.24
4.12
10.49
9.30
8.91
1.15
9.60
8.27
5.82
10.00
Bid $


0.80 0.00 -0.207 0.000 N/M 0.00%
9.25 0.00 300 1.452 0.340 6.4 3.68%
6.60 0.10 2,000 0.561 0.330 11.8 5.00%
0.79 0.00 800 0.187 0.010 3.7 1.43%
1.40 0.00 0.126 0.060 11.1 4.29%
1.05 0.00 0.062 0.040 18.5 3.48%
8.80 -0.01 1,280 0.618 0.240 14.2 2.73/
1.80 0.00 0.004 0.000 NM 0.00%
8.5z 0.07 3,413 0.705 0.410 12.2 4.78%
2.214 0.00 0,452 0.000 5.0 0.00%
4.12 0.00 0.428 0,240 9.6 5.83%
10.61 0.12 2,200 0.670 0.500 15.8 4.71%
9.30 0.00 575 0.695 0.380 13.4 4.09%
9.00 0.09 1,700 0.675 0.500 13.3 5.56%
1.15 0.00 0.022 0.000 52.3 0.00,
9.60 0.00 500 0.526 0.405 18.3 4.221'/
8.27 0.00 0.561 0.560 14.7 6.77%
5.81 -0.01 499 0.122 0.000 47.7 0.00%A
10.00 0.00 2.010 0.760 5.0 7.60
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 10.00 0.000 0.800 NM 7.80
3.60 0.40 RND Holdings 0.29 0.54 0.00 -0.066 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%
2.60 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 %
i ivr .vsarser 1rurroQ- -A


1.2454 1 1798 C olina money iMarket Frund
2.3810 2.0058 Fidelity Bahamas G & I Fund
10.4855 10.0000 Fidelity Prime Income Fund
2.2636 2.1330 Colina MSI Preferred Fund
1.1246 1 0544 Colina Bond Fund
F&N X CLQSE435.630 1YTD 1.321% 112003 14,88%


2.381 **
10.4655"-*
2 263627*
1 124578"."


BISX ALL SHARE INDEX 19 Dec 02 = 1,000.00 YIELD last 12 month dividends divided by closing price
62wk-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 Colina and fidelity
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 da) EPS $ A company's reported earnings per share for the last 12 mths
Daily Vol. Number of total shares traded today NAV Net Asset Value
DIV $ Dividends per share paid in the last 12 months NIM Not Meaningfu'
PIE Closing price divided by the last 12 month earnings FINDEX The Fidelity Bahamas Stock Index. January 1, 1994 = 10(
- AS AT JUL. 31, 2005/ AS AT JUN 30, 2005
- AS AT JULY 29, 20061 AS AT JULY 31, 2005/"* AS AT JULY 31, 200(
T~ RA~t ALL- K.. 0110K, WKKK'KCtX,


4 PUBLIC NOTICE
REALTY

Bahamas Realty Limited

Annual Fun Day


Our Offices Will Be
CLOSED
Friday, 26th August 2005

We Will Be
OPEN

For Business As Usual On
Monday, 29th August 2005
We apologies for any inconveniences caused.


ANSBACHER

ANSBACHER (BAHAMAS) LIMITED


SENIOR CLIENT ACCOUNTANT

Ansbacher (Bahamas) Limited is part of the
Ansbacher Group of private banking and wealth
management specialists, providing tailored financial
solutions to an international client base.
The company seeks to recruit a Senior Client
Accountant. The successful applicant will report to
the Client Accounting Manager and will be
responsible for:
Ensuring that the client's ledger is complete
and accurate and posting relevant adjusting
entries. #
Ensuring that financial statements are
prepared in an accurate and timely manner
and in accordance with International
Accounting Standards.
Ensuring that Company policies and
procedures relating to client accounting
are being adhered to.
REQUIREMENTS
CPA or equivalent with at least three years'
practical accounting experience gained
within the financial services industry/public
practice.
Excellent written and oral communication
skills and a practical knowledge of
computer applications.
High energy levels, proactive and
enthusiastic.-
Interested persons who meet the above requirements
should, along with an attached resume, apply in
writing to:-
Human Resources Manager
Ansbacher (Bahamas) Limited
P.O. Box N-7768
Nassau, Bahamas


BUSINESS I


- .....~-~~~--....


)lFaIDrEIT







PAGE 46, MONDAY, AUGUST 22, 2005


THE TRIBUNE


Vacant Lot No. 5 Block 18 Section B 9,600 sq. ft. on Avacado Drive in Eleuthera Island Shores
Subdivision in North Eleuthera.

Property is close to Eleuthera Main Highway with available utilities; electricity, city water and
telephone.














For conditions of the sale and any other information, please contact: The Commercial Credit
Collection Unit at: Phone: 356-1686 or 356-1608, Nassau
Interested persons should submit offers in writing addressed to:
The Commercial Credit Collection Unit, P.O. Box N-7518, Nassau, Bahamas
To reach us by no later than September 30, 2005
Financing available for qualified purchaser






FURSTCARI BBEAN
INTERNATiONAL ANK

Caribbean: Pride. International Strength, Your Finaincial Partner


CAREER OPPORTUNITY

for

MANAGER, RETAIL CREDIT CONFORMANCE


Qualifications:

* 3 5 years proven experience in retail credit risk
* Bachelors Degree preferred
* Knowledge of regional property market, economic situation and other influences
* Extensive knowledge of Retail Credit Risk Management with Working knowledge
of securities

General Requirements/Responsibilities:

Ensure implementation of and adherence to the Bank's retail credit and
International Banking policy guidelines
One of a team of managers responsible for carrying out retail Credit Risk
conformance through Risk visits and sampling
To identify issues which may have a negative impact on the quality of the
lending book as well as making recommendations for changes to ineffective
or inefficient processor procedures.
Carry out sampling of retail and international endings to ensure compliance
with policy, delegated authorities and terms of CRMD agreement
Involves travel

Submit your resume private & confidential in WRITING ONLY before August 29
2005 to:

Jamise Sturrup
Human Resources Assistant
FirstCaribbean International Bank (Bahamas) Limited
P.O. Box N-7125
Nassau, Bahamas

Or email: jamise.sturrup@firstcaribbeanbank.com

FirstCaribbean International Bank (Bahamas) Limited thanks all applicants for
the interest, however only those under consideration will be contacted.

Vacancies are open to Bahamian residents only


Vanderpool-Wallace



to outline Caribbean



tourism's objectives

Vincent Vanderpool-Wallace,
the Caribbean Tourism Organ-
isation's Bahamian secretary-.
general, will set out the region-
al tourism industry's long-term
goals "and how we intend to get
there" in his address to the.
opening session of the 28th
annual Caribbean Tourism
Conference.
Mr Vanderpool-Wallace said
the CTO intended to take pos-
session of the 'Caribbean
brand', which was the world's
best-known brand that
remained unowned, then find
ways to leverage it for the ben-
efit of all people in the region.
The CTO secretary-general
added that his address to the
conference, which is being held
on October 21-26 in the British
Virgin Islands, would make rec-
ommendations on how the
Caribbean could collectively
own and profit from its own
brand.
"I intend to give people a
sense of where we see
Caribbean tourism going over
the long term and how we
intend to get there," Mr Van-
derpool-Wallace said.
"We will declare where we
are going. We will be talking
about our business plan for the
entire tourism sector from the
CTO perspective to make sure
that everybody has a clear
understanding of what it is, and
when we publish it they can go
back and refer to it and see how
we are performing in terms of /
what we said we were going to
do." w E c SA

Appeal
REAL ESTATE SALES
The CTO, working with the REPRESENTATIVE
US Virgin Islands, has planned
a conference programme
designed to appeal to a broader
audience than has been done in
adthe nast. ha be. dn i- The Abaco Club on Winding Bay; a spectacular 520 acre
One of the changes is the International Members Golf & Sporting Estate onil Abaco,
introduction of 'MasterClass-
es', at which delegates will get s seeking a senior-level REAL ESTATE SALES
to advance their skills in a num- REPRESENTATIVE. Candidates must have a minimum
be"Through these MasterClass- of 5 years experience in luxury market sales. Real Estate
es delegates can leave the con- license is preferred. Successful candidate must have
ference with a good sense that exceptional communication skills, both verbal and written.
they are beginning to master an
area that's very important to Must be personable, professional and willing to commute
tourism development," Mr Van- or relocate to Abaco. The Abaco Club's estate lots range
derpool-Wallace said.
"I think also we will begin to from $875,000 to more then $4 million. Please email cover
attract a number of our col- letter and resume to info@theabacoclub.com or fax to 242-
leagues from the private sec-
tor who will come and see how 367-2930, Attn: Sales & Marketing.
they can become one with the
public sector in terms of moving
Caribbean tourism forward
together."
The MasterClasses will cover "
crisis communications, technol- .... .
ogy, transportation and events 0
management. The programme
is designed to allow delegates T~l....SSIN.SS ONTHE .WORLDWIDE WEB TODAY!
to register for one or more Mas-
terClasses or for the entire con- ABE PROFESSIONAL I CREATIVE
ference.


private banking


SG Hambros, part of the Socidtd G6nerale Group, is a private
bank providing a comprehensive wealth management service.
SG Hambros is currently looking to recruit a Human Resources
Manager to ensure the effective management of the HR
Department on a daily basis and to effectively manage the
recruitment, development and retention of good quality
employees throughout the organization.
Key responsibilities for this role are:
* Recruitment of good quality employees
* Coordination of employee secondments to/from the
Bahamas
* Contributing to the development and maintenance of a
competitive compensation and benefits plan for
employees (including Group Insurances, Pension, etc) both
internally and externally making recommendations to the
management team for changes as necessary
* Actively contributing to the development/
implementation/revision of HR policies and procedures
* Coordination of the company's training initiatives


* Coordination of the annual performance and
compensation process
* Providing guidance for HR staff
* Generally ensuring the efficient day-to-day running of the
HR Department
You must hold a Bachelor's degree in Human Resources
Development /Management or other equivalent relevant
qualifications, have strong PC skills and a minimum of 5 years
experience in a similar function.
The position offers, in addition to the salary, a benefits package
including group insurances, pension and a discretionary bonus
scheme.
Applications should be submitted to the following address, to
arrive on or before Tuesday 6th September 2005:
Head of Human Resources
SG Hambros Bank & Trust (Bahamas) Limited
PO Box N7789
Nassau
Bahamas
www.sghambros.com


THE MEDICLINIC CABLE BEACH
Requires: (1) Full Time Registered Nurse
(2) Part Time Registered Nurses to work
in Primary/Urgent Care Facility
Qualifications:
Current Bahamian licence
Must have at least three (3) years experience in the
field.
Must have current ACLS Certificate
Must demonstrate strong public relations,
communication skills
Must be responsible, dedicated, competent and
independent.
Attractive Benefit Package
Please send resume to:
The Mediclinic
P.O. Box N-4302
Nassau, Bahamas


BUSINESS













Wholesalers still waiting for PetroCaribe details


FROM page one
if they could lower the price
of gas, he expected the compa-
ny would work with it to find a
solution.
Mr Simms added, though,
that it was unclear if Esso would
have the option to buy from its
current suppliers or if it would
have to buy oil from Venezuela
under PetroCaribe.
He said that while a number
of concepts have been dis-
cussed, no firm details regarding
the technical aspects of imple-
mentation had been identified
and discussed.
"If the Government can get
it at a lower price and at the
same quality...but until we see
the details we can't assess the
impact on operations," Mr
Simms said.
A draft copy of the Petro-
Caribe accord obtained by The
Tribune shows how much
Venezuela will subsidise
Bahamian purchases of oil from
PDV Caribe, an affiliate of its
PDVSA state-owned oil com-
pany.
If the price is above $15 per
barrel, the level of subsidisation
will be 5 per cent. For $20 per
barrel it will be 10 per cent; $22
per barrel at 15 per cent; $24
per barrel at 20 per cent; $30,
per barrel at 25 per cent; $40
per barrel at 30 per cent; and
for $50 and $100, 40 per cent
and 50 per cent respectively.
The grace period for financ-
ing will be extended from one

Consolidated

Water

declares

dividend
CONSOLIDATED Water,
the parent for the firm chosen
by the Government to construct
and operate the $23 million
Blue Hills reverse osmosis
plant, has declared a third quar-
ter dividend of $0.12 per share.
The dividend is payable on
October 31, 2005, to sharehold-
ers of record as at the close of
business on September 30,2005.


year, as laid out in the Caracas
Energy Accord, to two years,
with the grace period for short-
term financing extended from
30 days to 90 days.
The PetroCaribe deal also
allows for credits and the
exchange of technologies to
allow the Bahamas and other
Caribbean countries to devel-
op fuel efficiency programmes
and systems.
Venezuela has also pledged
to help the Bahamas establish
its National Energy Corpora-
tion (NEC), and provide fur-
ther savings through shipping
oil at 'cost price'.
Mr Miller has touted cost sav-
ings for the Bahamas Electrici-
ty Corporation (BEC), which
purchases more than $100 mil-
lion per year, as one of the
major benefits to flow from
PetroCaribe.
"BEC could easily save
between $10 and $15 million a
year with this agreement. We
have a deal now where BEC
can purchase 60 per cent of
their fuel and get the other 40
per cent on credit. And on that
40 per cent they have 90 days to
pay for it, with only a one per
cent interest rate. And,


Venezuela has agreed to also
assist in the shipping of the
fuel," he said.
Several sources have sug-
gested that the Government
was looking at only applying the
PetroCaribe agreement to BEC,
allowing the Corporation to lift
fuel directly from Venezuela,
and leaving the remainder of
the industry and its existing
structure, including the gas sta-
tions, well alone.
And Guyana's Ambassador
to Venezuela, Odeen Ishmael,
said PetroCaribe was really a
financing initiative, and citizens
in countries that had signed up
to it, including the Bahamas,
should not expect cheaper fuel.
Meanwhile, Mr Simms
declined to comment on the
potential impact the sale of
Shell Bahamas would have on
Esso's operations.
He added that as part of its
ongoing business strategy,
Esso's service stations on Wulff
Road and Mackey Street were
being turned into 'On the Run'
facilities.
The improvements were not a
reaction to any changes in the
industry, Mr Simms said, and it
was business as usual for Esso.


CRAFT APPRENTICES

ELECTRICAL & MECHANICAL


Vacancies exist in the Corporation for Craft Apprentices. Craft Apprentices are
trained to become Electrical and Mechanical Craftsman. Upon successful completion
of the programme, candidates will be assigned to New Providence and Family
Island Operations.

To qualify as a Craft Apprentice the following criteria amongst other things should
be met:

Must be between 18 and 25 years

Have a minimum of five (5) BJC's including Maths, English Language
and General Science with grades of "C" or better or

Preferably, persons recruited from the Family Islands should be a resident of that
island. Once the formal training has been completed, Apprentices will be returned
to their respective island.

Application forms can be collected from our offices located at BEC's Head Office
located at Blue Hill & Turker Roads, Nassau Bahamas. Family Island applicants
can also collect these forms from their local BEC office. Applications should be
returned duly completed with all of the supporting documentation to The Manager,
Human Resources, P.O. Box N-7509, Nassau Bahamas, on or before Friday,
September 2, 2005.

Human Resources Department
MDMS/asf


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FIRSTCAR IBBEAN
INTERNATIONAL BANK

Caribbeafn Pride. International Strenrgth. Your Financial Partner

CAREER OPPORTUNITY


for


CUSTOMER SERVICE REPRESENTATIVE
TURKS & CAICOS ISLANDS

Qualifications:

Experience in the financial services industry with cash
and/or administrative exposure

Some experience with customer service delivery

Status to work in the Turks & Caicos Islands

General Requirements/Responsibilities:

Pay out various currencies and coin against authorized
debit vouchers, cheques and drafts

Accept and process withdrawals, deposits, utility bills, loan
payments, credit card cash advances, local drafts, travelers
cheques, foreign drafts, money orders etc from in branch
customers

Perform currency conversions by apply current exchange
rates

Respond to basic inquiries from customers

If you are interested:

Submit your resume private & confidential in WRITING ONLY
before August 26, 2005 to:

Janise Sturrup
Human Resources Assistant
P.O. Box N-7125
Nassau, Bahamas

Or mail: Janise.sturrup@firstcaribbeanbank.com

FirstCaribbean International Bank thanks all applicants for their
i erested, however only those under consideration will be contacted.


MONDAY, AUGUST 22, 2005, PAGE 5B


THE TRIBUNE


AD I








PAGE B, MNDAYAUGUT 22,2005THSITIBUN


bank account


central to Brazil


probe


Vacancies exist in the Corporation for Technician Apprentices. Technician Apprentices
are trained to become Electrical and Mechanical Technicians. Upon successful
completion of the programme, candidates will be assigned to New Providence
and Family Island Operations.
To qualify as a Technician Apprentice the following criteria amongst other things
should be met:
Must be between 18 and 25 years
Have a minimum of five (5) BGCSE'S including Maths, English Language
and Science with grades of "C" or better or
An Associate Degree in Electronics or Electrical or Mechanical Engineering
with a grade point average of "B" or better or
Preferably, persons recruited from the Family Islands should be a resident of that
island. Once the formal training has been completed, Apprentices will be returned
to their respective island.
Application forms with supporting information can be collected from our offices
located at BEC's Head Office located at Blue Hill & Turker Roads, Nassau Bahamas.
Family Island applicants can also collect these forms from their local BEC office.
Applications should be returned duly completed with all of the supporting
documentation to The Manager, Human Resources, P.O. Box N-7509, Nassau
Bahamas, on or before Friday, September 2, 2005.
Human Resources Department
MDMS/asf




The College of the Bahamas
Alumni Association invites nominations fot its
2005 HALL OF FAME AWARD



Name of Nominee---------------------------------------------------------------

Address-----------------------------------------------------------------------

Occupation--------------------------------------------------------------------------

Year Graduated from COB (if known)-- -------------------------

Hall of Fame Criteria

To be considered for the Alumni Association Hall of Fame, nominees must

* Have distinguished themselves as students, academically and socially,
while at The College of The Bahamas
* Be among the best in their chosen fields of endeavour, displaying scrupulous
conduct that stands as an example to others
* Be a leader and a relentless worker whose success benefits co-workers,
those they supervise or employ and the community in general
* Excel in civic outreach and make a contribution to society that is easily
visible within their fields and the wider scope of Bahamian life
* Exhibit strength of character that translates generally into community
strengthening, personifying their alma mater's motto "Knowledge, Truth,
Integrity".

You may nominate more than one person, using a new form each time. All
nominations must be accompanied by the nominee's professional curriculum vitae
(CV) and photograph. Please forward all documents to

THE ALUMNI HALL OF FAME AWARD
The Alumni Affairs Office
The College of the Bahamas
P O Box N-4912
Nassau, Bahamas

Email: alumniassoc@cob.edu.bs

For more information, please telephone 302-4365/6. Deadline for nominations is
September 1, 2005.






The College of the Bahamas will be closed to the public on Thursday, August 25
and Friday, August 26, 2005 to allow the institution's annual staff seminar to take
place. Normal business hours will resume on Monday, August 29, 2005. The
College apologizes for any inconvenience that may be occasioned by this closure.


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PUBLIC NOTICE
INTENT TO CHANGE NAME BY DEED POLL
The Public is hereby advised that I, LEONARDO
MCKINTOSH, of East Street South, Nassau, Bahamas,
intend to change my name to LEONARDO ELIJAH
MCKINTOSH BROWN. If there are any objections to this
change of name by Deed Poll, you may write such
objections to the Chief Passport Officer, P.O.Box N-792,
Nassau, Bahamas no later than thirty (30) days after the
date of publication of this notice.


[Y I


TECHNICIAN APPRENTICES
ELECTRICAL MECHANICAL


- '."Copyrighted Material *-

:- .t- Syndicated Content -"

Available from Commercial News Providers"


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neighbourhoods.
Call us on 322-1986 and
share your story.


FIRSTCAR IBBEAN
INTERNATIONAL BANK

Caribbean Pride. International Strencgth. Youvr Financlial Partner

CAREER OPPORTUNITY
for

INTERNATIONAL WEALTH MANAGEMENT DIRECTOR

BAHAMAS and TURKS & CAICOS, NASSAU
Job Profile

* Conduct initial strategic review for the Nassau International Banking Centre (IBC) and
be accountable for implementation of agreed strategy
* Lead development of the bank's international wealth management offering in Bahamas
and Turks & Caicos Islands (TCI), including transformation of existing international
business by migrating it towards a broader international wealth management offering
and business model
* Grow international mortgage business through deployment of disciplined sales
management
* Ensure that client service meets highest standards by motivating and developing a
team of 25
* Responsible for management and growth of all segments of International offering,
overall running of the IBC and serving as member of the bank's International
Management Team

Qualifications:

* At least 7 years of proven experience in the wealth management sector
* In-depth experience in International Banking, preferably from more than one offshore
jurisdiction
* Knowledge of corporate sector (captives, fund managers, trusts and trading companies)
* Excellent communication and interpersonal skills
* Superior ability to influence, lead and motivate teams
* Extensive knowledge of offshore products and services
* Clear understanding of operational and lending processes
* Strategy development and implementation
* Experience in development and delivery of wealth management offering
* Firm grasp of KYC, AML and state-of-the-art risk and control management in banking

If you are interested:

Submit your resume private & confidential in WRITING ONLY before August 31 2005
to:

Jamise Sturrup
Human Resources Assistant
FirstCaribbean International Bank (Bahamas) Limited
P.O. Box N-7125
Nassau, Bahamas

Or email: jamise.sturrup@firstcaribbeanbank.com

FirstCaribbean International Bank (Bahamas) Limited thanks all applicants for their
interest, however only those under consideration will be contacted.


0


CO OLLLGLo 43 tL h~A~


Visit our website at www.cob.edu.bs


I


PAGE 6B, MONDAY, AUGUST 22, 2005


THE TRIBUNE


Bahamas


















FROM page one
compared to $0.09 for the
comparable period last year.
Darron Cash, DHHS chief
financial officer, indicated that
the remainder of fiscal 2006,
which finishes on January 31,
2006, held out the likelihood of
more good news for sharehold-
ers, including those that have
bought into its recovery and
helped the share price close on
Friday at $2.24. This compared
to a 52-week low of $0.67.
Mr Cash said the reduction
in the Bahamian prime lending
rate, brought about by the Cen-
tral Bank's decision to lower
the discount rate, was likely to
take "75 basis points" of the
repayment rates attached to
DHHS' outstanding loans when
compared to the position in the
last fiscal year.
The DHHS chief financial
officer said "most" of the sav-
ings resulting from this would
occur over the "next 10 months
or so", with the company bene-
fiting from both the reduction in
Bahamian prime and bank
spreads.
Mr Cash added that DHHS
had also "escalated: its debt
repayment rate and, due to this
step up, was ahead of the over-
all debt reduction schedule.
Long-term debt stood at
$10.034 million as at July 31,
having come down by more
than$1.3 million since the
beginning of fiscal 2006, and
DHHS said further reductions
were expected.
Net patient revenues for the
first six months had increased
by 23.3 per cent to $16.895 mil-
lion, compared to $13.7 million
the year before, helping total
revenues to grow by 21.2 per
cent.
DHHS attributed the rise to
increases in patient days, surgi-
cal procedures, Emergency
Room and outpatient diagnostic
imaging, with "strong volumes"
seen across a broad range of
services.
The company said it had cre-
ated 'Centres of Excellence- -
the Intensive Care Unit, Surgi-
cal Unit and Emergency Room
as part of a strategy toidenti-
fy areas where it believed it held
an advantage over other health-
care providers in the extent and
quality of services provided.
----DHHS-added-that-itplanned
to make further investments in
its healthcare system. Although
declining to specify what these
might be, Mr Cash said most
related to the use of technology
in patient care.
He added: "These are things
that directly impact patient care,
so patients can touch and feel
them. These things will increase
DHHS' standing in the market-
place."
Yet again, DHHS' first half
results would have been even
better income from continu-
ing operations was $3.251 mil-
lion if it were not for the drag
provided by its Western Med-
ical Plaza facility, which is being
.... held for sale and helped gener-
ate a six-month loss of $638,000
from continuing operations.
This, though, was lower than
the previous fiscal year's com-
parative.
Mr Cash said. it was "regret-
table" that Western Medical
Plaza had not yet been sold,
adding: "We'd be in the press
every day if we reported the
number of inquiries or expres-
sions of interest we've had."
However, Mr Cash said that
to do so would not be in the
interests of shareholders.
One potential obstacle to be
overcome in a sale is that West-
ern Medical Plaza was a pur-
pose-built medical facility. In a
note to shareholders, DHHS
chairman Joseph Krukowski
acknowledged that no formal
sales agreement had been


reached, but said: "A number
of viable proposals have been
presented by local and foreign
investors and, at present, the
principals of the proposed ven-
tures are moving their proposals
through the appropriate regu-
latory processes."
During the first six months,
DHHS also took a $237,611
impairment charge relating
chiefly to medical and industri-
al kitchen equipment at West-
ern Medical Plaza that did not
have a ready local buyers mar-
ket.
Mr Krukowski attributed the
almost 40 per cent increase in
accounts receivables due from
insurance companies during the
fiscal 2006 first half, reaching
$6.478 million, to the strong
growth in revenues.
While accounts receivables
have been a problem for DHHS
in the past, there had been a
reduction in the average collec-
tion period, even though the
Days in Revenue in accounts
receivables had increased dur-
ing the period by nine days to
81 days.
Mr Cash said the company
was pleased with the co-opera-
tion it had received from health-
care insurers, and the Meditech
system, which allowed for the
electronic submission of hospi-
tal claims, held out the promise
of reducing healthcare costs for
both DHHS and the insurance
companies.
He added that the National
Insurance Board had made the
greatest steps forward towards
electronic filing.


The decline in income from
operations during the 2006 sec-
ond quarter compared to the
first, going from $2.3 million to
$1 million, was attributed by
DHHS to its traditionally strong
January to May period. This has
been a prime revenue earner
and largely falls within the first
quarter.
Mr Cash said that while sec-
ond quarter net revenues were
11 per lower than in the first
quarter, standing at just over $8
million, they were still higher
,than the $7.583 million gained
in the previous fiscal year.
Second quarter 2006 operat-
ing expenses, though, had risen
year-on-year by 14.1 per cent
to $6.11 million, something Mr
Cash said was a "direct reflec-
tion" of DHHS' improved rev-
enues and performance.
And while second quarter
operating expenses were 4 per
cent higher than in the first, this
was driven largely by addition-
al staff increments and bonuses
that were being prepared.
Mr Krukowski said that
despite increasing cost pres-
Ssures, operating expenses rela-
tive to patient service revenues
were still "carefully contained".
He added: "Salaries and ben-
efits, at 39 per cent of total rev-
enues, remain in line with best
practice for the US healthcare
industry."
The first six months in fiscal
2006 also helped DHHS to
move into a retained earnings
surplus of $593,000 as at July
31, compared to a $2.020 mil-
lion deficit at January 31, 2005.


THE MEDICLINIC ATLANTIS
Requires: (1) Full Time Registered Nurse
(2) Part Time Registered Nurses to work
in Primary/Urgent Care Facility

Qualifications:
Current Bahamian licence
Must have at least three (3) years experience in the
field.
Must have current ACLS Certificate
Must demonstrate strong public relations,
communication skills
Must be responsible, dedicated, competent and
independent.

Attractive Benefit Package

Please send resume to:
The Mediclinic
P.O. Box N-4302
Nassau, Bahamas






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Travel Agents
during the
month of August
will receive a
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A m '..] 11


A well established Bahamian-owned business is looking for a Financial Controller.
Applicants must demonstrate their ability to handle the entire accounting cycle including
the preparation of monthly financial statements. Applicants must possess a Bachelor's
degree in Accounting and a professional designation or at least five years of experience
as a financial controller. Salary commensurate with experience.

Send a cover letter explaining in detail why you would be right for the position. Please
forward your resume with professional references and phone numbers to:

DA 15662
c/o The Tribune
P.O. Box N-3207
Nassau, Bahamas


100 per cent increase in net


income for Doctors Hospital


ELEUTHERA


17. Property 31'xl 11' with'htise Lord Street in the settlement of Tarpum Bay, Eleuthera. (Appraised
Value $45,000.00)

18. Vacant Lot #22 (11,659 sq. ft.) in the settlement of North Palmetto Point in an area known as
Skull District, Eleuthera. (Appraised Value $9,000.00)

CAT ISLAND

19. Property 151'x145'xl50'x123' with Hardware Building (3,640 sq. ft.) situated 0.4 miles south of
The Bight Airport, New Bight, Cat Island. (Appraised Value $192,000.00)

20. Property with twelve (12) room motel 1.39 acres in the settlement of Arthur's Town, Cat Island.
(Appraised Value $1.3 Million Dollars)

EXUMA

21. Lot #134 (4,350 sq. ft.) with two story building 4,160 sq. ft., apartment upstairs and shop downstairs,
George Town, Exuma. (Appraised Value $468,000.00)

INAGUA

22. Lot #43 (9,000 sq. ft.) with house Matthew Town, Inagua, Russell Street. (Appraised Value
$120,000.00)

LONG ISLAND

23. Vacant 10-acre land including 200' of beachfront property -Galloway Landing, South of Clarence
Town, Long Island. (Appraised Value $975,000.00 O.N.O)


Electronic Equipment
* (1) Calculator
* (1) Microwave
* (1) Compaq Presario Computer Monitor & Tower

Cart
Hot Dog Cart with Umbrella


Sewing machines
(1) Fleet Wood Sewing Machine
(1) New Home Sewing Machine


Tents
(1) Canopy Tent (Plastic)


Tables
(2) Wood Tables (Round)
(1) Marble Table (Rectangle)
(1) Roll Away Bar Counter


Machinery Coolers/Freezers
* (1) Food Mixer (1) Two Door White Chest Freezer
* (1) Digital Scale (1) Silver Chest Freezer
* (1) Whirlpool Microwave (2) One Door White Chest Freezers
* (1) Wall TV Stand (1) Blue Coleman Cooler

Vessels Vehicles
* (1) 24' (2002) Chris Craft w/engine (1) 2001 Ford F-250 Truck
* (1) 29' (1983) Vessel (Lady Rece) (1) 1996 Ford Explorer
* (1) 28' Vessel (1) 1997 Dodge Stratus
* (1) 53' (1998) Vessel (Peagasus)
* (1) 125' (1978) Steel Hull Vessel w/1980 50 ton Crane

COOKING UTENSILS POTS, PANS, PLATES, CHAFFING DISHES

DRY CLEANING EQUIPMENT


Serious inquiries only. Sealed bids marked "Tender" should be submitted to:
Bahamas Development Bank
P.O. Box N-3034, Nassau, Bahamas or telephone 327-5780
for additional information
Please note that all bids on the aforementioned properties and assets should be
received by August 29, 2005.
The Bahamas Development Bank reserves the right to reject any or all offers.


MONDAY, AUGUST 22, 2005, PAGE 7B


THE TRIBUNE


BAHAMAS DEVELOPMENT BANK
Cable Beach, West Bay Street, P.O. Box N-3034
Nassau, Bahamas
lTel: (242) 327-5780/327-5793-6
Fax: (242) 327-5047, 327-1258
www.bahamasdevelopmentbank.com



NEW PROVIDENCE

1. Lot #13 (5,000 sq. ft.) with duplex (1,344 sq. ft.) white trim lime green Bancroft Lane Bamboo
Town (Appraised Value $147,000.00)

2. Lot #14, Blk. #7 with sports bar along with restaurant equipment Key West St & Balfour Ave.
Englerston Subdivision. (Appraised Value $187,000.00)

3. Lot #171 (100'xl00') with two story building East Street opposite Deveaux Street. (Appraised
Value $300,000.00)

4. Lot #27A (55'x90') with incomplete split level house Boatswain Hill or Bosun Hill (Appraised
Value $139,580.00)

5. Lot #176 (40'xll113') with 3 bedrooms, 1 bathroom house (860 sq. ft.) Old Cedar Street Yellow
Elder Gardens (Appraised Value $52,160.00)

6. Lot #109 (60'x70') with 4 bedrooms, 2 bathrooms house Craven Street, Ridgeland Park. (Appraised
Value $80,000.00)

7. Vacant lot (18,644 sq. ft.) Situated on the western end of Carmichael Road about 250 feet east
of Unison Road. (Appraised Value $95,000.00)

8. Lot #52 (50'x80') with house (778 sq. ft.) Water Street, Big Pond. (Appraised Value $67,800.00)

9. Property (50'x100') with two houses (660 sq. ft. and 620 sq. ft.) Franklyn Ave. and Tyler Street
off Boyd Road. (Appraised Value $80,200.00)

10. Property (40'x36'x100') with building Sutton Street next to St. Bed's Church, Kemp Road
(Appraised Value $73,000.00)

ANDROS

11. Property (4,344 sq. ft.) with duplex (1,174 sq. ft.) in the settlement of Fresh Creek, Central Andros.
(Appraised Value $22,000.00)

12. Vacant Lots #14 29, 32, 33, 35 38 (290,400 sq. ft.) -in the settlement of Nicoll's Town, North
Andros. (Appraised Value $364,600.00)

13. Vacant Property 100' 150 in the settlement of Pinders, Mangrove Cay, South Andros. (Appraised
Value $22,500.00)

GRAND BAHAMA

14. Lot #267 (12,795 sq. ft.) Caravel Beach Subdivision, Freeport, Grand Bahama. (Appraised
Value $20,000.00)


15. Vacant Lot #26 (115'x200'x175') unit forty (40) Euville Drive, Lucaya Estates Subdivision,
Freeport, Grand Bahama. (Appraised Value $1,500.00)

ABACO

16. Lot #54 (6,500 sq. ft.) with triplex foundation in Murphy Town, Abaco. (Appraised Value
$29,916.00)









PAGE B, MNDAYAUGUT 22,2005THEITESUN


GN-253

GOVERNMENTDNOTICE


PUBLICDSERVICE
COMMISSION

VACANCYOFOROFISHERIESDOFFICER
(CONSERVATION,gAQUACULTURE)
DEPARTMENTUOFlFISHERIESNMINISTRY
OFIAGRICULTURE,0FISHERIESDAND
LOCALOGOVERNMENT

ApplicationsOareflinvitedlfromlrsuitablyDqualifiedlpersons
toDfillltheOpositionDoflFisheriesOOfficerl(Conservation
and[lAquaculture),DDepartmentlofiFisheries,DMinistryDof
Agriculture,DFisherieslandDLocallGovernment.

RNquirementslforlthelpost:

el ApplicantslmustflpossesslalBachelorsDDegreelinD
aDbiologicallscienceDsuchlasDMarineDBiology,D
MarineOEcology,OFisheriesDScience,]Aquaculture
orilrelatedDfieldDandDatlleastifiveDyearsDrelevantD
experience.

ND ADMastersDdegreeDiii0alrelevant]fieldDandlthreel]
yearsDrelevantflexperience

E l PossessnthelabilityDtonworklwithOminimuml
supervisionland]properDtimelmanagementflskills.

0D ComputerlskillslandilSCUBAIDivetrCertification
wouldlbelanDasset.

Theosuccessfulocandidateowill:

E BelassignedDdutiesDrelativeltolthelconservationOof
marinelresourcesDandlenvironments,OandDtheD
culturenofflmarinenahdlaquaticDresources.

eD BeDrequiredltoltravelnwithinlTheDBahamasDfrom
timentoOtime.

ThelsalaryoofltheOpostlisDinOScaleOAF 10$24,8000]x600
-0 $31,4000 per! annum.0 StartingD salaryD willD be
commensurateD withD qualificationsD and! experience.

Serving! officers] must] apply] through! their] HeadsD of
Departments.

ApplicationD]formsOmay]belobtained]fromDtheODepartment
ofDFisheries,OMinistry]ofllAgriculture,DFisheries]and]Local
Government, EastD BayD Street!] or] the! PublicD Service
Commission,DPoincianalHillDComplex,DMeetingl]Street.
TheyD mustD bel returnedD compete! withD original
qualificationsD andl documentaryD proof] ofl relevant
experience, toO reachD the! Secretary, Public! Service
Commission,DPoincianalHill,DMeetingOStreet,]notllater
thanD29thD]August,02005.

Secretary
PublicdServiceoCommission


VACANCYOFORDASSISTANTDFISHERIES
OFFICERD(SEAFOODDINSPECTION)
DEPARTMENTDOFUFISHERIESAMINISTRY
OFlAGRICULTURElFISHERIESDAND
LOCAIDGOVERNMENT

ApplicationsDarelinvitedlfromDsuitablyOqualifiedlpersons
tolfillIthelpositionDoflAssistantlFisheriesOOfficerl(Seafood
Inspection),0 DepartmentD ofUf Fisheries,D Ministry! of
Agriculture,D FisheriesD andD LocalD Government.

RequirementslforOthedpost:

Applicantsomust!possessalDBachelorsODegreelinraDrelevant
biologicallscience]suchlasDFoodlScience,DMicrobiology,
Chemistry,D(MarineoBiology,DMarinelEcology,DFisheries
Science)Dor!]relatedifield.

Computerdskillslwould0belanDasset.

Thelsuccessful!icandidateowill:

eD BelpostedDatlthelFoodlSafetyDandDTechnologyD
Laboratories,DGladstoneDRoad,DNassau;

eD BeDrequiredltoltravellwithinOTheDBahamasDfrom
timeDtoDtime.

DutiesofiJtheOpostlincludelthelfollowing:

e0 Inspectingland!monitoringDseafoodlandDseafood
processingflfacilities.IThisDwillDinvolvelthell
samplinglandlphysicallexamination!offlseafoodD
products.

eD IssuingDofflrelevantflexportBdocumentation.

el Reviewinglandl]analyzinglprocessingflandDallD
relatedrpracticesDatllseafood!processinglfacilities,
tolensurelcompliancelwithDstandardsDrelativeltoD
food]safety,!lhygienelandl]quality!control.

eD AssistingDwithD]theDtrainingDoflworkersDinDthe!]
seafoodnindustry. /

ThelsalaryloflthelpostlislinDScaleOAF14D$21,0500x0600
-n $26,450e D per annum. Starting! salary! willl] be
commensurate!] with! qualifications! and! experience.

Serving officers must apply] through their Heads of
Departments.

ApplicationlformsDmayDbeobtainedlfromltheDepartment


ofDFisheries,]MinistryflofitAgriculture,nFisherieslandDLocal
Government,! East! BayD Street! or!] the! PublicD Service
Commission,DPoincianalHilllComplex,DMeetingDStreet.
TheyD mustD beD returned] completeD with] original
qualifications] and] documentary] proofD of] relevant
experience,] toO reach] the] Secretary,] PublicD Service
Commission,DPoincianalHill,DMeetingOStreet,Dnotllater
thanD29thlAugust,D2005.


Secretary
PubliclServiceDCommission


Businesses urged to upgrade computer defences


FROM page one
of initiatives that companies
in Canada, or Asia, would typi-
cally do," Mr McIntosh said.
"Certainly, Bahamians have
hacked sites and utilised tools to
cause damage. We've seen
instances where we've had to
call persons and tell them they
need to stop a certain activity or
they can be prosecuted. Some-
times the person who is doing it
is totally blind; they may have
downloaded something and
may not have understood the
implications."
Last week, Scotiabank Inter-
national and its Bahamas bank-
ing operations found themselves
caught up in a worldwide com-
puter failure that hit the
Microsoft Windows 2000 sys-
tem, less than a week after
Microsoft had warned of the
security flaw.
As a result of the increasing
number of attacks against com-
puters, with individuals using
virus programmes, spyware and
worms, computer security is an
area that has experienced sub-
stantial growth over the past
five years.
Software giant Microsoft and


other companies in the indus-
try are now investing significant
amounts of time and money to
find solutions and help cus-
tomers be proactive in dealing
with these types of issues.
For instance, worms are a
self-replicating version of a virus
that do not require the creator
to initiate it to infect vulnerable
computers, to disable and con-
trol computers or steal private
information.
Mr McIntosh said viruses can
spread using a number of dif-
ferent methods, with e-mail and
browser searches among the
most common routes. Attacks
can also be brought on through
e-mail attachments, clicking on
a link to a suspect web page or
just being connected to the
Internet.
In general, security measures
require a two-fold process, begin-
ning with updated anti-virus def-
initions and the installation of
Microsoft updates for Microsoft-
based operating systems.
Businesses will also need an
effective patch management
programme for their systems,
and should ensure that all work
stations have an updated ver-
sion of virus definitions.


NOTICE
NOTICE is hereby given that ROSELIA NONHOMME OF
UNISON ROAD OFF CARMICHAEL ROAD, 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 22ND day of AUGUST,
2005 to the Minister responsible for Nationality and Citizenship,
P.O.Box N- 7147, Nassau, Bahamas.






FIDELITY BANK (BAHAMAS) LIMITED


NOTICE TO

SHAREHOLDERS


The Board of Directors :of Fidelity Bank I;
(Bahamas) Limited is pleased to notify all ,c
shareholders that the Bank's actual net profit
based on unaudited results for the six months
ended June 30, 2005 was $640,235.

The Bank's total assets stood at $142,197,994 as
at June 30, 2005.


This publication is only an extract. Copies
of the entire report for the six months ended
June 30, 2005 are available from Fidelity Share
Registrars & TransferAgents Ltd., 51 Frederick
Street, Nassau Bahamas.


Another element of security
might require Bahamian busi-
ness owners to advise employ-
ees to only use their work sta-
tion for authorised business, and
to avoid using peer-to-peer
applications, such as kaza and
bearshare.
Peer-to-peer applications are
used to download free versions
of music or movies from the
Internet, as opposed to paying a
licensed company for the con-
tent, and many times users
download a worm in the
process.
Mr McIntosh said: "People
should avoid anything that
seems too real to believe. Some-
one sending an e-mail that you
can get service or a product for
free, these things are used to
attract unsuspecting users to
open spyware programmes, or
allow worms into that particular
work station".
It was suggested that con-
sumers look for multipurpose,
anti-virus security applications,
but were warned that it was
sometimes difficult to tell if
someone was monitoring a com-
puter offsite. One of the telltale
signs of a computer infected.by
spyware included a drop in the
performance of a workstation
when no additional hardware
had been added.
Microsoft updates were free,
and because of how severe the
problem has been, Microsoft
has tools that, if enabled, will
notify users when updates are
available and update a comput-
er automatically. The anti-virus
security applications cost about
$30.
Ian Hepburn, managing
director of Providence Tech-
nology, said Microsoft releases


substantial updates and patches
every Wednesday to help pro-
tect computers using its oper-
ating system.
For businesses that have mul-
tiple workstations, it might be
difficult to keep individual com-
puter stations updated unless a
patch management tool is put
in place. According to Mr Hep-
burn, a patch was already avail-
able for consumers before last
Wednesday's virus attack, which
was the same as the code red
virus that brought down a sig-
nificant number of systems.
He said there were times
when a patch was made avail-
able 10 months prior to an
attack. In those cases, Microsoft
had identified a vulnerability in
its operations and sent out a
patch, but if the patch was not
applied the computer was vul-
nerable to a worm or virus
attack, resulting in havoc for
the company.
Consumers needed to install
the patch management solution
right away, Mr Hepburn said
adding that Microsoft had a fre6
solution and there were others
that are relatively inexpensive'
He added that workstations
that use Windows XP and that
also have the Windows update
services utility enabled, will
check for the patch for the PC
and can also apply it as well.
However, for consumers that
have a network with tens or
hundreds of PCs, it would be
necessary to monitor each sta-
tion from a central console to
see where the patch has been
applied. Unlike residential
users, businesses, particularly
larger firms, would require a
more robust tool to maximise
their level of protection.


Talks continue on Grand

Bahama development


FROM page one
September 2004 hurricanes
and the subsequent closure of
the Royal Oasis resort.
One source familiar with the
state of negotiations between
the Government and the Ginn
Corporation told The Tribune:
A "As a result of Mr Ginn meet-
ing with the Prime Minister they
are still continuing talks, and
they hope something might
come, but they can't give a
timetable."
The source said the Ginn
Corporation was looking to
"finalise its latest proposal by
the end of this month" and then
hold "further discussions" with
the Government in September.
The Ginn project, earmarked
for 2,500 acres of land on the
old Sammons Estate, could cre-
ate more than 1,000 direct jobs
if approved, in addition to a
number of spin-off jobs and
entrepreneurial ventures,.
In its initial form it involved a
hotel, two 18-hole golf courses,


single family lots, second
homes, three marinas and the
re-opening of the West End
Airport as a private non-com-
mercial airport. The project was
designed to take advantage of
the burgeoning demand for lux-
ury second homes in the
Bahamas. '
Mr Ginn was earlier this year
said to have "taken his marbles
and moved on to Mexico", with
one source telling this newspa-
per: "Ginn has walked away.
About two weeks ago they con-
veyed to the Government that:
'We thought we had a deal, we
made certain commitments to
you and you made certain com-
mitments to us over a year ago'.
"They are selling their equip-
ment, packing up. They got rid
of the house they were using
and they are gone. They have
taken the funds that would have
be used on the Bahamas pro-
ject and are investing in Mexi-
co."
But recent developments
indicate the gap between the
Government and the Ginn Cor-
poration has closed. Sources
told The Tribune that Sir Albert
Miller, co-chairman of the
Grand Bahama Port Authori-
ty, indicated to shareholders
who attended this month's ICD
Utilities annual general meet-
ing (AGM) that he expected
positive announcements on
both that project and the $200
million Marriott timeshare pro-
posal before the end of 2005.
The Tribune understands that
the purchase of land at Disqov-
ery Bay for the potential Mar-
riott-branded hotel, 350 time-
share unit and residential offer-
ing could be completed as early
as this week. Once that is cpm-
pleted, the investors will then
move to their "development
programme".
The developers are investor
Ken Farrino and his partners,
former Miami Dolphins quar-
terback Dan Marino and CBS
sports announcer Bill Packer.
In unveiling the proposed
Marriott timeshare resort earli-
er this year, Prime Minister Per-
ry Christie told the Grand
Bahama Chamber of Com-
merce: "Negotiations are under-
way for the Marriott brand
hotel, and a 350-unit timeshare
resort in the area known as Dis-
covery Bay.
"We believe the Marriott will
lead the way and jump-start the
way to our re-emergence in the
timeshare sector and our com-
mitment to get back to number
one."
In addition, The Tribune has
received further confirmation
that talks that could lead to the
world-renowned Italian ship
builder and repairer, Fin-
cantieri, taking a major equ;'"
stake in the Grand Bahan
Ship Yard are still ongoing.
If successful, any deal wil)
involve adding a third dry dock
- the world's largest to enable
the Ship Yard to service the
world's largest cruise ships, such
as the Queen Mary 2.


Applications are invited from suitably qualified individuals for the following position:

Accounts Clerk IV (Northern Bahamas Campus)

The successful candidate will report to the Assistant Vice President, Northern
Bahamas and to the Supervisor, Accounts Receivable, Oakes Field Campus and be
responsible for the following duties:

* Daily collection and daily banking of all monies in accordance with Accounting
Department Procedures.
* Receiving, recording and receipting cash and receivables from tuition, fees,
grants, rents, ancillary enterprises, etc. Issuing official receipts for all income.
* Balancing daily end-of-day batches from revenue collections.
* Analyzing & Reporting all daily revenue and collections by bank account,
mode of payment and receipt category.
* Proper and timely reporting and documenting of all overages and/or shortages
to the supervisor.
* Keying in all transactions into the Management Information System.
* Disbursing petty cash
* Any other related duties as required.

Qualifications/Experience/Personality Traits


An Associate Degree in Accounting or Business.
Minimum of two (2) years experience in a similar position
Experience with automated financial application is an advantage
Trustworthy and of good character
Meticulous and ability to work under pressure


Salary Scale: $16,900 x $500 $25,900

Interested candidates should submit a resume with supporting documents through
their Head of Department by Wednesday, August 31, 2005, to:

The Director
Human Resources Department
Oakes Field Campus
Nassau, Bahamas




Visit our website at www.cob.edu.bs


PAGE 8B, MONDAY, AUGUST 22, 2005


THE TRIBUNE


I










THE TRIBUNE BUSINESS


MONDAY, AUGUST 22, 2005, PAAE JB


Doctors Hospital Health System Limited

Interim report

Quarter ended July 31, 2005


Chairman's Report
Doctors Hospital Health System Limited

Dear Shareholders,

I am pleased to report on your company's financial results for the six months ended July 31, 2005.
Earnings per share-on a net basis-increased to twenty-six cents for the first six months of the
current fiscal year from nine cents in the comparable period last year. EPS from continuing operations
were thirty-three cents for the period compared to eighteen cents last year. For the six months ended
July 31, 2005, the Company realized net income of $2.6 million compared to just under $1.0 million
for the comparable period in 2004.

The financial results reflect a strong improvement in total revenues from $14.1 million last year to
$17.1 million in the current period. The growth in patient revenues continues to reflect an upward
trend in key statistics, including patient days, surgical procedures, Emergency Room, and outpatient
diagnostic procedures.

Despite increasing cost pressures, operating expenses-relative to patient service revenues-continued
to be carefully contained. Salaries d benefits, a t 39% of total revenues, remain in line with best
practice for the U.S. healthcare industry.

The Western Medical Plaza is the principal discontinuing operation. Efforts to sell the assets continue.
Interest in WMP remains high. However, no formal agreement for sale has been consummated. A
number of viable proposals have been presented by local and foreign investors and at present, the
principals of the proposed ventures are moving their proposals through the appropriate regulatory
processes.

In the absence of a firm agreement to date, the Company recorded an impairment charge of $237,611
for the current period. This charge related primarily to medical and industrial kitchen equipment
without a ready local market. The Company will perform continuing assessments of assets classified
as "discontinuing operations" to assess whether any additional impairment has occurred. At present,
the Company anticipates no circumstances that would necessitate any significant additional
impairment charge through year-end.

Total assets increased $1.7 million, or 6.4%, principally reflecting an increase in net accounts
receivable (AR) and property, plant and equipment (PP&E). While Days Revenue in AR increased
nine (9) days to eighty-one (81), up from seventy-two (72) days as of January 31, 2005, the increase in
the AR position largely reflected the strong growth in revenues. It also reflected the seasonal spike in
AR anticipated during the summer months. On the positive side, the average collection period for AR
was reduced since year-end 2005. We are pleased to report that increases in PP&E reflect new
investments in medical equipment for designated centers of excellence and ongoing additions of
modules related to the fully integrated healthcare information system, MEDITECH, which is
scheduled for go-live February 1, 2006.


Joseph Krukowski
Chairman
August 25, 2005


DOCTORS HOSPITAL HEALTH SYSTEM LIMITED
Consolidated Balance Sheet

July 31, 2005 with comparative figures at January 31, 2005
(Expressed in thousands of Bahamian dollars)

July 31, 2005 January 31, 2005

Assets
Current assets:
Cash and cash equivalents $ 2,115 3,199
Accounts receivable-patients, net 846 939
Accounts receivable-third party payors, net 6,478 4,628
Inventories 1,116 1,034
Other assets 609 580
11,164 10,380

Non-current assets:
Goodwill 431 431
Investment 30 30
Property, plant and equipment 16,369 15,474
16, 830 15,935
Total assets $ 27,994 26,315


Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable and other liabilities $ 2,279 2,262
Long-term debt, current portion 2,331 1,952
4,610 4,214

Non-current liabilities
Long-term debt 10,034 11,364
Total liabilities 14,644 15,578

Shareholders' equity:
Share capital:
Authorized 12,500,000 common shares at par value
of B$0.04 each (January 31, 2005 12,500,000 shares)
Issued and fully paid 9,971,634 shares
(January 31, 2005 9,971,634 shares) 399 399
Contributed surplus 12,358 12,358
Retained earnings (deficit) 593 (2,020)
13,350 10,737
Total liabilities and shareholders' equity $ 27,994 26,315


(Unaudited)


DOCTORS HOSPITAL HEALTH SYSTEM LIMITED
Consolidated Statement of Revenue and Expenses

Three months ended July 31, 2005 with comparative figures for the three months ended July 31, 2004
(Expressed in thousands of Bahamian dollars)

July 31,2005 July 31,2004

CONTINUING OPERATIONS
Patient service revenue, net $ 7,995 7,246
Other 63 337
Total revenues 8,058 7,583

Expenses
Operating 6,110 5,354
Depreciation 439 416
Provision for doubtful accounts 467 533
Total expenses 7,016 6,303
Income from continuing operations
before interest 1,042 1,280

Interest expense (109) (137)

Income from continuing operations 933 1,143


Discontinuing operations
Revenue 14 6
Expenses (226) (432)
Impairment of property, plant & equipment (238)
Loss from discontinuing operations (450) (426)

Net income for the period $ 483 717

Earnings per common share (Expressed in Bahamian dollars):
From continuing operations $ 0.09 0.11
Basic 0.05 0.07


(Unaudited)


DOCTORS HOSPITAL HEALTH SYSTEM LIMITED
Consolidated Statement of Income

Six months ended July 31, 2005 with comparative figures for the six months ended July 31, 2004
(Expressed in thousands of Bahamian dollars)

July 31, 2005 July 31, 2004

CONTINUING OPERATIONS
Patient service revenue, net $ 16,895 13,700
Other 164 371
Total revenues 17,059 14,071

Expenses
Operating 11,979 10,484
Depreciation 862 784
Provision for doubtful accounts 739 745
Total expenses 13,580 12.013
Income from continuing operations before interest 3,479 2,058

Interest expense (228) (274)

Income from continuing operations 3,251 1,784

Discontinuing operations
Revenue 29 84
Expenses (429) (960)
Impairment of property, plant & equipment (238)
Loss from discontinuing operations (638) (876)

Net income for the period $ 2,613 908

Earnings per common share (expressed in Bahamian dollars):
From continuing operations $ 0.33 0.18
Basic 0.26 0.09


(Unaudited)


DOCTORS HOSPITAL HEALTH SYSTEM LIMITED
Consolidated Statement of Cash Flows

,Six months ended July 31, 2005
(Expressed in thousands of Bahamian dollars)

July 31,2005 July 31, 2004


Cash flows from operating activities:
Net income $ 2,613 908
Adjustments to reconcile net income to net cash
provided by operating activities:
Depreciation 862 1,108
Provision for doubtful accounts 739 788
Impairment of property, plant & equipment 238
Amortization of goodwill 54
4,452 2,858
Increase in accounts receivable (2,496) (217)
(Increase) decrease in inventories (82) 36
(Increase) decrease in other assets (29) 157
Increase in accounts payable and other liabilities 17 239
Cash and cash equivalents provided by operating activities 1,862 3,073

Cash flows from investing activities:
Additions to property, plant and equipment (1,995) (1,047)
Proceeds from disposal of assets 19
Decrease in advances to associates 3
Cash and cash equivalents used in operating activities (1,995) (1,025)

Cash flows from financing activities:
Repayment of long-term debt (951) (693)


Increase (decrease) in cash and cash equivalents (1,084) 1,355

Cash and cash equivalents, beginning of period 3,199 425

Cash and cash equivalents, end of period $ 2,115 1,780


Cash and cash equivalents are comprised of cash and bank overdrafts.


(Unaudited)


DOCTORS HOSPITAL HEALTH SYSTEM LIMITED
Consolidated Statement of Changes in Equity

Six months ended July 31, 2005
(Expressed in thousands of Bahamian dollars)

Number of shares Share capital Contributed surplus Retained earnings

Balance at January 31, 2005 9,971,634 $ 399 $ 12,358 $ (2,020)

Net income for the period 2,613

Balance at July 31, 2005 9,971,634 $ 399 $ 12,358 $ 593


DOCTORS HOSPITAL HEALTH SYSTEM LIMITED
Notes to Interim Consolidated Financial Statements

Six months ended July 31, 2005


1. Significant accounting policies
These interim financial statements have been prepared in accordance with International Accounting
Standard No. 34, Interim Financial Reporting, using the same accounting policies applied in the January 31,
2005 audited consolidated financial statements.


I








PAGElOBMONDY, AGUST22, 005 RIBUEPORTST


I t-tk-rn-r

Son% hs%

102nd


Cyclists tested in





post race time trials


SBy KELSIE JOHNSON
Junior Sports Reporter

AFTER days of racing in
the scorching sun this week-
end, cyclists took to the streets
of New Providence once
again, this time for their time
trials.
The three stage Bertram
Cowboy Musgrove Memorial
Cycling Classic time trials
were held immediately after
the 36 mile race on Sunday
morning.
The time trial, which is
design to test the speed and
strength of the cyclists, was
mapped out with its starting
point at the Coral Harbour
Roundabout, through to the
airport road and back again.

Title

Overall winner of stages one
and two Lee Framer blazed
down the straight way ahead
of the field to claim the title in
all three divisions.
Pacing herself on stages one
and two of the tour, Dawn
Lomer trailed Farmer, wanti-
ng to quickly get the trial over
with.
She said: "It was really hot,
I enjoy racing but today's sun
was hotter than any other day.
It was so hot out there.
pas "Although it was hot I did-
n't find it hard to keep myself


hydrated. Sometimes it is hard
to keep yourself hydrated
but today it came easier for
me.
"Although I am the winner
of the open women's division,
it is always great to come out
and ride with the crew.
"What was so amazing was
to see the juniors ride the way


they did. This sport really has
a bright future.
"The juniors came out and
they were hanging with some
of the senior men riders.
"When I saw that I said to
myself 'wow' cycling has real-
ly take off in the Bahamas."
The ninth annual classic,
which is dubbed the Tour De


New Providence, is held over
a two day period.
This year's race saw more
than 15 juniors take to the
streets.
Visiting and riding on the
tour were Shawn Farrington
and John Crone and Basil
Goulandris.
The trio rode in the open


men division, with Farrington
winning the race on Saturday
in a time of one hour 35 min-
utes and 12 seconds.
Crone was second in an one
hour 38 minutes and 48 sec-
onds.
Results from Sunday's race
and time trial were not avail-
able up to press time.


Overall Winners from Saturday


1st Place Lee Farmer Team VMG
Time 2hrs 48min .02sec
2nd Place Barron turbo Musgrove JAR
Time 2hrs 50min .37sec
3rd Place Tracy Show-Time Sweeting
Time 2hrs 58min .07sec
4th Place Mark Holwesko Team VMG
Time 2hrs 58min .10sec
5th Place Wayne Curly Price Warlords
Time 3hrs 09min .43sec
6th Place Mackey Runner Mackey
Time 3hrs 14min .14sec
7th Place Eddie Bethel JAR
Time 3hrs 29mmin .26sec
8th Place Carmel Stucki JAR
Time 3hrs 29mmin .26sec
9th Place Lawson Clarke RBDF
Time 3hrs 40mins .10sec
10th Place John Cox
11th Place Lorenzo Carter

SR/ELITE MEN SR II MEN
1st Place Lee Farmer
1st Place Wayne Price
2nd Place Barron Musgrove
2nd Place Mackey Williams
3rd Place Basil Goulandris


3rd Place Eddie Bethel
4th Place John Cox
4th Place Lawson Clarke
5th Place Lorenzo Carter

SR/ELITE WOMEN
Carmel Stucki Time 3hrs 29min .26sec

MASTERS
1st Place Tracy Sweeting
2nd Place Mark Holwesko

33MILES ROAD RACE
OPEN MEN
1st Place Shawn Farrington
Time lhr 35mins 12.38 sec
2nd Place John Crone
Time lhr 38mins 48.14sec

OPEN WOMEN
1st Place Dawn Lomer
Time 1hr 27mins 42.13 sec
2nd Place Juliana Glinton
Time 1hr 31mins 30.37 sec
3rd Place Sabrina Light Bourne
Time 1hr 32mins 5.7 sec


JUNIOR BOYS
17YRS & UNDER
1st Place Kevin Richardson
Time lhr 27mins 8.88 sec

JUNIOR BOYS
14YRS & UNDER
1st Place Lawrence Joop
Time lhr 40mins 48.62 sec
2nd Place York ell Bain
Time lhr 41mins 8.04 sec
3rd Place Deanglo Sturrup
Time 1hr 41mins 12.75 sec
4th Place Elijah Knowles
Time lhr 41mins 47.2 sec
5th Place Tre's Smith
Time lhr 46mins 48.99 sec
6th Place Yelstin Bain
Time 1hr 46mins 49.52 sec

JUNIOR BOYS
11YRS & UNDER
1st Place Jay Major
Time 1hr 27mins 06.87 sec
2nd Place Anthony Colebrook
Time 1hr 46mins 49.84 sec
3rd Place Roy Colebrook
Time 1hr 49mins 30.64 sec


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PAGE 10B, MONDAY, AUGUST 22, 2005


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TRIBUNE SPORTS


MONDAY, AUGUST 22, 2005, PAGE 11B


I SPORS.


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MONDAY, AUGUST 22, 2005

SECTION


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


MIAMI HERALD SPORTS


Title joy
for Mark
Knowles
and Daniel
Nestor

* By KELSIE JOHNSON
Junior Sports Reporter
MARK KNOWLES and
doubles partner Daniel
Nestor captured their second
straight tennis title at the
Western and Southern
Financial Group Masters
Cup, which concluded in
Cincinnati this weekend.
The duo, who recently
returned to the hard court as
partners after Nestor's wrist
injury at the French Open,
defeated Jones Bjorkman
and Tedd Woodbridge in
three sets 6-2, 3-6 and 6-3.
The win marks Knowles
and Nestor's first title since
Nestor's return and second
of the year.
Knowles and Nestor will
compete again this week,
this time at the US Open in
Flushing Meadows, New
York, a title they won last
year.

(AP FILE Photo)


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Avail abIefrom.CommerciaIm News.Provi ders


UP e
lists






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in


ew Providence'


* By KELSIE JOHNSON
Junior Sports Reporter
IT WAS a tough early Sunday
morning ride for cyclists compet-
ing in the annual Bertram 'Cow-
boy' Musgrove Memorial Cycling
Classic.
The three stage race, which was
dubbed Tour De New Provi-
dence, was described as the
roughest and hottest race of the
season.
Lead
For Lee Farmer, the overall
winner in the men's division, the
scorching heat would play a fac-
tor in his race, if he didn't estab-
lish a big lead on the pack from
the first stage.
Farmer, who clocked two hours
48 minutes and two seconds in
stage one on Saturday's, praised
the field for helping him, saying
it would have a harder ride if
they didn't push him.
He said: "The race this morn-
ing was a lot easier, I knew I did-


"The closest person to me was
Byron and I had already gotten at
least a half a minute or so on him.
With that big lead on him I was able
to go there and relax, take it easier
than usual."

Lee Farmer, the overall winner
in the men's division


n't have too much to worry about
having established a lead on the
pack from Saturday.
"The closest person to me was
Byron and I had already gotten
at least a half a minute or so on
him. With that big lead on him I
was able to go there and relax,
take it easier than usual."
Although Farmer's Sunday
strategy was to go onto the 35
mile course and relax on the


field, he did otherwise.
He added: "This has to be the
hottest day of the year, this
weekend was extremely hot, hot-
ter than usual.
"But I was still able to ride
through it all despite the heat.
My lead made me not push it that
much. I knew it was nearly.
impossible for the pack to catch
me. I knew the closest person to
me would have been Byron and I


had a good lead."
Saturday's ride extended for
some 66 miles, starting and end-
ing at the Coral Habour Round-
about.
But for Jay Major, the joy of
riding outlasted the pain and heat
he went through for the victory.
Major, the leading junior
cyclist, was applauded for his
venture, having rode more than
100 miles over a two day span.
Notably riding alongside sev-
eral of the senior cyclists, Major
said he wouldn't trade his win for
anything.
"I live to ride and love every
mile I pedal," said Major, who
took to the streets again after the
time trial.
"Riding is my passion. What I
try to do is stick with some of the
senior riders; I know that I can
improve on my times and win big
races if I do this.
"My dad he really helps me
along, he encourages me on the
rides, telling me what to do
sometimes, so this win is for him.
"I wasn't bothered by the heat;


in fact I like to ride when it's hot.
I like to sweat, it makes me feel
as though I am getting the job
done. I know sometimes it is real-
ly hot out on the rides but I find
ways to keep myself hydrated.
"I always take water on my
rides, but you can't drink too
much when you ride. I've learned
all of this during my races.
Race
Major won the 66 mile race for
boys 11 and under in a time 6f
one hour, 27 minutes and six s9c-
onds. Coming in second was
Anthony Colebrooke in one hour
46 minutes and 49 seconds, with
Roy Colebrooke in third in one
hour, 49 minutes and 30 seconds.
In the other junior divisions,
14 years and under, taking the
crown for the 66 mile hike was
Lawrance Joop, in one hour 40
minutes and 48 seconds. Kevin
Richardson took the 17 years and
under boys in one hour 27 min-
utes and eight seconds.


I I


~C~ I ~ _~ /_ I


*b u-


C









MONDAY, AUGUST 22, 2005


Threibisune


The stories behind the news


TRADE and Industry Ministry
Leslie Miller was in the hot seat
again last week after accusations that
he misused government funds to pay
for personal expenses were reported
in a local daily newspaper.
Mr Miller has strongly denied the
claims made by former BAIC gen-
eral manager Troi Ferguson in a
report.


PLACE


BAHAMIAN tourism officials last
week breathed a sigh of relief as the
United States withdrew the proposed
December 31, 2006 deadline for the
implementation of its new passport
rules, averting a possible multi-mil-
lion revenue loss for the industry.
Speaking with The Tribune last
week, Minister of Tourism Obie
Wilchcombe said that this devel-
opment "will benefit the entire
Caribbean". I


FOR the first time in Bahamian history, the price of
gasoline is expected to break the $4 mark in the latest
of a series of price hikes this year.
Trade and Industry Minister Leslie Miller
announced last week that Texaco had requested a
$0.17 increase on the price of gasoline, pushing their
new price to $4.02. Also, diesel oil will be increased by
$0.15 a gallon, bringing the new price to $3.24 a gallon.
On the Family Islands and in Grand Bahama, gaso-
line will average anywhere from $4.25 to $4.50 a gal-
lon, with prices on some cays going well over $5.00 a
gallon.


Who allowed the rogue




trader into the Bahamas?



Turner could have proved a national embarrassment


As rogue trader Derek Turner
faces seven years in jail for
swindling investors out of $16 mil-
lion, the question arises: why was
this grasping conman allowed to
do business from Nassau, where
he was planning to establish a
worldwide scam to trick investors
out of their life's savings?


INSIGHT report!


AT A time when the
A Bahamas was about
to "clean house", introducing
new legislation to bring ques-
tionable financial operators to
heel, a known crook was
establishing a base on Par-
adise Island, ready to imple-
ment a global scam that would
have fleeced investors of mil-
lions.
It was the year 2000 when
the bearded, multi-ringed con-
man Derek Turner flew into
Nassau from New Zealand
with the express purpose of
milking unsuspecting families
of their savings with a phony
investment fund. And he met
so little official resistance in
fact, none at all that he might
just as well have been selling
strawberry-shakes and candy
bars.

Mercy
The man who finally
trapped Turner, ex-con turned
pastor Barry Minkow, now
shows a degree of mercy to
his erstwhile prey by insisting
.that Turner always intended
to pay back the money he
tricked out of investors.
"People like us do not see
ourselves as crooks," he said,
"We always believe one big
trading day will put things
right."
However, those left penni-
less by Turner's trickery do
not share those views. They
see Turner for what he is a


callous schemer who enriched
himself by defrauding others.
And they would find it hard to
believe that a country intent
on putting its own financial
house in order should .allow
the Kiwi .con artist to estab-
lish headquarters for his nefar-
ious enterprise right in the
heart of its own capital.
Turner, with his messianic
beard and sanctimonious reli-
gious sentiments to match,
had already been busted by
Australian regulatory author-
ities for running an unlicensed
operation as a securities trad-
er. His antecedents were well-
known to those who cared to
check.
Yet Turner was allowed to
set up his Turning Interna-
tional enterprise at an office in
East Bay Street, and in one of
his Paradise Island homes, to


global scam of unnerving pro-
portions.
Had Turner been given
another year to pursue his var-
io.us predatory schemes, Nas-


"Had Turner been given another
year to pursue his various predatory
schemes, Nassau would have been
world headquarters for a major
racket aimed at duping hundreds,
and probably thousands, of people
seeking better-than-average returns
on their hard-earned money through
the conman's bogus fund."


run an investment fund intent
on depriving innocents of their
money in what Minkow
believes-could have become a


sau would have been world
headquarters for a major rack-
et aimed at duping hundreds,
and probably thousands, of


people seeking better-than-
average returns on their hard-
earned money through the
conman's bogus fund.
It's easy for the financially
savvy to be disdainful of the
patsies who fall foul of such
chicanery.

Maximise
But the fact is that the world
is full of ordinary working
people who try to maximise
whatever assets they have by
seeking better returns than the
banks or building societies can
offer.
And Turner a charismatic
chancer with a persuasive line
in chatter and the cheek of a
chipmunk knew exactly how
to exploit the gullible and the
desperate for his own enrich-
ment.


In his prospectus, Turner
claimed a trading record
which was unsupported by
independent corroboration or
any form of audited records.
He promised investors near-
ly 40 per cent returns a year,
claiming he had achieved such
a performance for eight
straight years with not a single
losing month.
In short order, 30 investors
had dropped $16 million into
his lap, money which Turner
then invested in real estate in
an attempt to establish credi-
bility among Paradise Island's
resident celebrities and well-
heeled property owners.
Had it not been for the FBI
- helped by Mr Minkow, who
is now on a mission to bring
big-time grifters like himself
to heel Turner would doubt-
less have gone on to multiply
his takings a hundred-fold.
Instead, he was trapped in a
sting operation at his Nassau
home, with Mr Minkow wire-
tapping the details of his
modus operandi over a can-
dlelit dinner. Now Turner
faces seven years in prison,
reflecting on the age-old
adage that it often takes a
crook to catch a crook. In this


Prowess


"I disliked the guy on sight,"
said one local man who wit-
nessed Turner's prowess at
ingratiating himself with local
worthies. "It seemed that he
set out to align himself with
those he felt to be influential.
He came over as the typical
smart-ass fixer, a guy with a
lot of arrogance and self-con-
fidence. And yet...there was
always something not quite
kosher about him."
A journalist sent to inter-
view him had similar feelings.
"Distinctly dodgy" was her
assessment a description
which, as it turned out, proved
to be among the understate-
ments of the year.
Turner was, it seems, par-
SEE page two


I


~99














Turner could have proved





a national embarrassment


FROM page one

ticularly susceptible to the lure
of celebrity status. Minkow
said the Kiwi conman was
especially pleased to have
bought a property close to that
of baseball ace Barry Bonds.
With the likes of Tiger
Woods, Michael Jordan and
Whitney Houston among Par-
adise Island regulars, Turner
was in his element, accumu-
lating sumptuous properties
with other people's money
and appearing every bit the
wide-eyed back-of-beyond
antipodean who had made the
big-time.
With his fragrant, petite Tai-
wanese wife, his multiple
homes, and a large family of
adoring children, Turner was
most people's idea of a suc-
cess story, a stock market wiz-
ard who had turned trading
into an art form and had
reaped all the goodies of life
through professional guile. He
appeared to have everything,
including a fleet of vintage
cars and a battery of mega-
sized plasma screens that kept
him abreast of the world's
markets.

Project
Minkow hesitated to
explore the possible psycho-
logical implications of Turn-
er's perverse ambitions, but
he said his much-publicised
World Trade Centre project
probably held the key.
This, remember, was the $5
billion Cyber City, a huge.
cylindrical structure ultimate-
ly rejected by New York's
decision-makers when they
settled on a replacement for
the Twin Towers. -
The building, it seems, was
symbolic of Turner's person-
ality. The ambition was unbri-


WHEN ex-con turned
pastor Barry Minkow was
installed at Atlantis as a
"lure", Turner was unable to
resist the $2 million bait he
was offering to invest in his
fund.

died, the concept ostentatious,
yet there was something about
it that wasn't quite right. It
was out-of-scale, over-the-top
and out of place in its envi-
ronment, a bit like Turner
himself.
Yet Turner ran a relentless
Internet campaign to rally
support, and was aiming for a
million signatures from
around the world to add lustre
to his aims. At the end it came
to nothing, but Turner had
emerged in the public mind as
a determined dynamo with big
ideas. If sheer drive had been
allowed to win the day, he
would have waltzed it.
Was Cyber City, in truth, an
attempt to build global credi-
bility to sucker innocents into
his investment swindle? Only
Turner knows the answer to
that, but it certainly suggested
a huge ego at work on a pro-
ject aimed at self-aggrandise-
ment and, naturally, self-
enrichment. .
For the Bahamas, though,
Turner's innate dishonesty
and soaring ambition are of


less importance than the fact
that he managed to inveigle
his way into Nassau at a time
when the nation's defences
against villains were supposed
to be on full alert.
This was a time, remember,
when the Bahamas was being
blacklisted by the world's
leading nations for insufficient
constraints on nefarious finan-
cial practices. At a time when,
theoretically at least, the
Bahamas was ejecting the
scammers and bandits who
were giving the place a bad
name, in rode one of the
biggest slimeballs of them all.
For those who recognise the
signs, Turner was the arche-
typal, smooth-as-cream, big-
time grifter.
Firstly, there was a mes-
sianic air about him. He wore
a fastidiously trimmed beard,
leonine locks, a gold neck-
chain and elaborate rings and
spoke with the conviction and
fervour of a driven man.
He courted celebrity. He
was one of those pitiable souls
who feel a compelling need to
ingratiate themselves with the
great and the good. Turner
needed to bask in reflected
glory, and created a patina of
wealth with other people's
money that would propel him
into the "right" circles. It is
another characteristic of con
artists that they like to be seen
with successful people. It not
only burnishes their own self-
esteem, it heightens their mar-
ketability in the eyes of others.

Presence
Unhappily for the Free
National Movement govern-
ment of the day, his mere.
presence was ultimately to
reflect-badly on their judg-
ment and lead critics to won-
der how they could ever have
been taken in by such a thor-
oughly unpleasant rogue.
"However you look at it, the
FNM have been made to look
total idiots by the Turner
affair," a business source told
INSIGHT. "When Turner
announced his World Trade
Centre project at a press con-
ference, prominent FNMs
were there to wish him well.
One wonders what kind of
due diligence went into Turn-
er's background before he was
allowed to set up shop here. It
seems a lot of prominent peo-
ple in Nassau were easily tak-
en in by his oily charm.
"Here was a man who was
already in' trouble with Aus-
tralian regulatory authorities.
He had been tricking people
out of their money before, yet
he was able to bamboozle his
way into the Bahamas, pre-
sumably by greasing the palms
- or the egos of not very
smart politicians. Either that
or he came with the FNM gov-
ernment's full blessing.
"What's more, he was able
to acquire a number of prop-
erties here, all of which would
have to be approved by the
investments board. So some-
one in power must have been
vouching for him. Yet his


background was all out there
on the Internet. He was a
known crook."
In fact, an FNM source told
INSIGHT that Turner had


Nassau sojourn, he was inter-
ested in getting involved in
gourmet desserts, bottled
water and a Tropicana-style
cabaret club on the site of the


"He courted celebrity. He was one
of those pitiable souls who feel a
compelling need to Ingratiate
themselves with the great and the
good. Turner needed to bask in
reflected glory, and created a
patina of wealth with other
people's money that would propel
him into the 'right' circles."


established Bahamas connec-
tions as far back as the early
1990s and, so far as he knew,
had contributed generously to
party funds. However, he was
never suspected of wrong-
doing.
"In fact, he came over as a
very intelligent man with lots
of plans. He talked big money,

U!"'I


TURNER'S true nature
was ultimately exposed by the
Middle Eastern banker
Mohammed Harajchi.

but he appeared to be every
bit a reputable man, not a con
artist."
That is a view not shared by
others who found themselves
in Turner's company. One
who visited the Turner com-
pound on Paradise Island a
plot accommodating separate
residential and office premises
- viewed the quick-talking
New Zealander as eccentric
and aggressive.
"There was a steely-eyed,
calculating look about him,"
he said after describing the
hub of Turner's business oper-
ation, with its impressive
banks of huge plasma screens
and a massive chart on which
he meticulously tracked the
markets.
"There was something
abrupt about him," he added,
claiming that Turner appeared
dismissive of those who were
of no use to him.
All day, it seemed, Turner
monitored the markets, allow-
ing no-one to. disturb his con-
centration. At 4pm he made
himself accessible to phone
calls and appointments.
Apart from trading, Turner
nurtured big entrepreneurial
ideas. At various stages of his


old Crocodiles restaurant in
East Bay Street.
Had this idea come off, he
would also have developed a
cigar-manufacturing workshop
and an outlet selling a vast
array of Caribbean rums. The
business ideas came thick and
fast, though the route from
conception to implementation
was often pot-holed by his
erratic nature,
Throughout his home, pic-
tures of Jesus Christ and his
disciplies were everywhere.
Like battalions of bandits
everywhere, Turner found a
salve for his conscience in spir-
ituality. It was another ele-
ment of his character which
made him so odious.
Interestingly, Turner's true
nature was ultimately exposed
by the Middle Eastern banker
Mohammed Harajchi, whose
Suisse Security Bank and
Trust had itself fallen foul of
government regulators.
By, coindence,; Turner had:
taken over Harajchi's former
premises in East Bay Street
as headquarters of his Turning
International operation, a
company whose primary
objective was to cheat as many
investors worldwide as time
would allow.
It must have struck Hara-
jchi as odd that his bank was
closed down by government
order while the thoroughly
dishonest Turner was allowed
to procure funds from an
unsuspecting public in an elab-
orate scam aimed at relieving
them of everything they had.
By even stranger coinci-
dence, Turner and Harajchi
became near neighbours on
Paradise Island, both living
the high life behind ornate
gates amid the trappings of
their accumulated wealth.
Hostility developed
between them, it appears,
because of barking dogs. One
of them, and INSIGHT is not
sure which, berated the other
for allowing his mutts to keep
him awake at night.
; From there, it was all down-
hill..Harajchi's scandal-rag,
The Confidential Source, even-
tually bringing everything to
a head by openly calling Turn-
er a crook, an allegation lead-
ing to a libel action which
eventually fizzled out when


the FBI came knocking on
Turner's door.
A business source told
INSIGHT: "Turner was the
embodiment of the kind of
person the Bahamas was sup-
posedly trying to keep out. At
a time when the government
was ejecting dodgy characters,
Turner was allowed in to pur-
sue his underhand schemes.
"There is no question the
FNM dropped the ball over
Turner, who was operating a
rather crude ponzi scheme
which could have left a real
dent in this country's reputa-
tion had it been allowed to
run its course.
"Turner spared no expense
in trying to create the image of
a successful trader or operat-
ing company. This is the sort
of thing rogue traders do to
create the right impression.
They need the trappings of
success to lure others into
their net."
Another source said: "Turn-
er was one of a long line of
gangsters, from Woodes
Rodgers to Lynden Pindling,
who have used the Bahamas
to pursue their ends. The gov-
ernment of the day said they
were cleaning house, but
Turner was doing what a lot of
people have always done here.
He knew that the Bahamas
had been a place where gang-
sters had operated for hun-
dreds of years, and he knew
he could grease his way in
here and set up his business.,
"However, Turner's
Achilles Heel was his flam-
boyance and a desire to see
his name in print."

Fortune
As he sped round Nassau iii
his, sleek, silver' pe-tpped
Mercedes, the Kiwi trickster
looked every bit the man-on-
the-make, a trader who some-
how conjured a fortune out of
whatever he did behind his
eight-foot walls and electron-
ic gate. He was never modest
about the rich returns he was
supposedly harvesting from
the markets.
The Cyber City scheme
gave Turner a profile few
could ignore, and a New York'
City connection that the FBI
was keen to exploit once it
became known that he was up
to no good.
When Minkow was installed
at Atlantis as a "lure", Turner
was unable to;esist the $2 mil-
lion bait he was offering to
invest in his fund. Now he
views the world from a high
security cell, with little
prospect of release before
2012. It's not the way he
planned it. "How did such a
smart guy fall into the FBI's
trap like that?" asked one of
his acquaintances.
Having spent his life making
mugs of others, Turner proved
to be the biggest mug of all.

What do you think?
Fax 328-2398 or e-mail
jmarquis@tribunemedia.net


THE TRIBUNE


PAGE 2C, MONDAY, AUGUST 22, 2005


rgml
. ........











'Quotes


of the


week'
"The only prob-
lem with the claims is
that they are all lies.
What I don't under-
stand is if I was the
minister, why would I
call the manager to
sign a cheque for me
when I have more
power than him?"
Minister of Trade
and Industry Leslie
Miller responds to
claims that he misused
government money to
pay for personal
expenses.

"The Prime Min-
ister must now take
charge of his Cabinet
and do the right
thing."
FNM leader Tommy
Turnquest calls for
Leslie Miller's resig-
nation after it was
claimed that the Min-
ister of Trade and
Industry misused gov-
ernment money to pay
for personal expenses.
Mr Turnquest said
that if Mr Miller is
allowed to remain as a
minister, then it must
.be assumed that
Prime Minister
Christie approves of
his behaviour, which
sends out a wrong
message to the
Bahamian people.

"Disputes and
grievances are
resolved by BEC only
when the union
applies extreme pres-
sure."
Dennis Williams,
president of the
Bahamas Electrical
Workers' Union
explains why the
union has given the
corporation the
August 30' strike dead-
line. The union is
threatening to take
the most aggressive
industrial action ever
to be seen if manage-
ment does not resolve
all outstanding mat-
ters by the end of the
month.

"The review of
the timeline is indica-
tive of our desire to
be flexible, practical,,
and pragmatic and to
listen to public feed-
back,"
State Department
spokesman Steve Pike
tells the US media last
week why the US has
withdrawn its pro-
posed December 31,
2006 deadline for the
implementation of its
new passport rules.
The Western Hemi-
sphere Travel Initia-
tive, would have
required all US citi-
zens to present a valid
passport upon return-
ing from the Bahamas,
Caribbean countries,
and Central and South
America.


week review


US withdraws
proposed
passport rules
deadline
BAHAMIAN tourism offi-
cials last week breathed a sigh
of relief as the United States
withdrew the proposed
December 31, 2 06 deadline
for the implementation of its
new passport rules, averting a
possible multi-million revenue
loss for the industry.
The US State Department
announced last Wednesday
that the deadline for the West-
ern Hemisphere Travel Ini-
tiative, which requires all US
citizens to present a valid pass-
port upon returning from the
Bahamas, Caribbean coun-
tries, and Central and South
America, is now under review.
Speaking with The Tribune
last week, Minister of Tourism
Obie Wilchcombe said that
this development "will benefit
the entire Caribbean".


Leslie Miller
strongly
denies claims
TRADE and Industry Min-
istry Leslie Miller was in the
hot seat again last week after
accusations that he misused
government funds to pay for
personal expenses were
reported in a local daily news-
paper.
Mr Miller has strongly
denied the claims made by
former BAIC general manag-
er Troi Ferguson in a report.
Mr Ferguson alleges that
Mr Miller had charged restau-
rant bills to BAIC and that
the corporation was also being
billed for a cellular phone reg-
istered in his name. This
allegedly occurred almost two
years ago when Bahamas
Agricultural and Industrial
Corporation was in Mr
Miller's ministerial portfolio.
Since the publication of the
article, FNM leader Sefiator`
Tommy Turnquest has called
for the immediate resignation
of Mr Miller, claiming that he
has "no moral right" to serve
in the Cabinet of the
Bahamas.
Mr Miller has threatened to
sue Mr Ferguson, who won a
wrongful dismissal claim last
week, and the newspaper that
originally reported the claims.


BEWU
threatens
industrial
action
THE Bahamas Electrical
Workers Union is threatening
to take "the most aggressive
industrial action ever to be
seen" if management does not
resolve all outstanding mat-
ters before August 30.
According to Mr Williams,
the union and BEC have been
in contentious contract nego-
tiations for the past year on a
number of issues, including
safety, pension plans, family
island workers and a scale for


MINISTER of Tourism Obie Wilchcombe said the passport U MINISTER of Trade and Industry Leslie Miller denied claims
rule deadline development 'will benefit the entire Caribbean.' made by former BAIC general manager Troi Ferguson.


pay increases.
He claims that as manage-
ment has not acted in good
faith, the union feels it has no
choice but to take a strong
stand and show BEC that it
cannot disrespect its workers.


Gasoline
expected to
break $4 mark
FOR the first time in
Bahamian history, the price
of gasoline is expected to
break the $4 mark in the latest
of a series of price hikes this
year.
Trade and Industry Minister
Leslie Miller announced last
week that Texaco had request-
ed a $0.17 increase on the
price of gasoline, pushing their
new price to $4.02. Also, diesel
oil will be increased by $0.15 a
gallon, bringing the new price
to $3.24 a gallon.
On the Family Islands and
in Grand Bahama, gasoline
will average anywhere from
$4.25 to $4.50 a gallon, with
prices on some cays going well
over $5.00 a gallon.
Affecting almost every
industry throughout the coun-
try, Mr Miller warned that as a
result of the new prices, jitney
drivers, shipping companies,
airlines, and naturally BEC
would have to raise their
prices to cope with the cost of
fuel.


$1 stamp in honour of John Paul II

THE Bahamas Philatelic
Bureau of the General Post
Office have released a $1
stamp on August 18, featur-
ing the late Pope John Paul
II, who led the Roman
Catholic Church from 1978
until 2005.
Pope John Paul II, born
Karol Jozef Wojtyla, visited
The Bahamas in 1979, one
year after his election to the
papacy.


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.


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Visit our Showroom & Office located at the Red Carpet Inn, East Bay Street


INSIGHT







PAGE 4C, MONDAY, AUGUST 22, 2005


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JOHN S. KNIGHT (1894 1981)


THE MIAMI HERALD


OPINION
JESUS DIAZ JR., PUBLISHER I TOM FIEDLER, EXECUTIVE EDITOR I JOE OGLESBY, EDITORIAL PAGE EDITOR


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