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/UF00084249/00381
 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: April 12, 2006
Copyright Date: 2006
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: VID00381
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
oclc - 9994850

Full Text








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The


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Volume: 102 No.120


WEDNESDAY, APRIL 12, 2006


PRICE 750


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Police warn parents


after almost 20 arrests


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* By CARA BRENNEN
Tribune Staff Reporter
THE arrest of almost 20 juve-
niles suspected of breaking into
134 homes in the south-east
area of the island has prompted
police to urge parents to moni-
tor their children's whereabouts
more closely.
According to police, home
burglaries in the south-east divi-
sion, which includes Garden
Hills, Malcolm Heights, Joan's
Heights, South Beach and
Imperial Park, for the period
January to March have
increased by more than 100 per
cent from the same period last
year. There were 60 incidents
in 2005, compared to the 134 so
far this year.
Police say that the majority
of burglaries took place during
the day when the youngsters
should have been in school.
Among the items' stolen were
video games, dvds and dvd play-
ers, cell phones, jewellery, lap
top computers and cash.
Police representing the areas
Prepall Tract, Nassau Street,
Chippingham, Elizabeth
Estates, Yamacraw Estates,
Carmichael Road, West Bay
Street have also been faced with
similar challenges.
According to ASP Chris Rah-
ming, head of the Nassau Street
police station and head of the
Tourism Division and Spring
Break, tourism;officials joined
by Nassau Street Police Station
apprehended a group believed
to have been. breaking into
homes since March. Believed
to be associated with that group


were two juveniles ages 16 and
17.
Mr Rahming said in the
course of their investigations,
police discovered several bags
containing electrical compo-
nents, a lap top computer, hair
supplies, CD's, DVD's, watches
and jewellery, all believed to be
stolen and hidden in nearby
bushes.
While this increase of bur-
glaries in itself is cause for con-
cern, police say that they are
particularly disturbed at the
alarming number of juveniles
who have been taken into cus-
tody in connection with the
crimes.
Gabrielle Pratt, the second
officer in charge of the East
Street South police station, said
yesterday that following a
crackdown in the south east
area, police officers took into
custody 31 persons 12 adults
and 19 juveniles. The youngest
person was 12 years old.
S"We are concerned about the
number of juveniles taken into
custody and we want to encour-
age parents to monitor their
children's whereabouts in the
day, particularly during school
hours."
Police have launched a num-
ber of initiatives they say are
designed to crack down on
these housebreaking, but are
also urging parents to assist
them.
James Carey, Chief Superin-
tendent for New Providence,
said that parents need to be
especially observant of what
SEE page 11


* CUBAN Ambassador
Felix Wilson-Hernadez


I .AAVES crash against this lighthouse and send boals rocking after
wind a waealher hIlew through New Providence esterda.. The wind is
expected to continue lomorron with the possibility of showers.
(Photo: Felipi Major/Tribune staff)


Goi

for
GOVERN]
sented the Ba
Teachers with
five-year indu
which could
off that has la
several weeks
According
the proposed
ers remunera
monetary be
ous terms an
service as con
the 1965 Rec(
ment.
A governmm
issued last nig


Cuba seeks the
Bahamas' support
in bid for seat on
human rights council
* By RUPERT MISSICK Jr
Chief Reporter
CUBA would like the
Bahamas to support its bid for a
seat on the newly constituted
UN Human Rights Council,
Cuban Ambassador Felix Wil-
son-Heradez told The Tribune
yesterday.
The communist nation will
offer itself on May.9 for election
when the UN General Assein-
bly will vote on which member-
counties will constitute the
council.
The ambassador was also
annoyed by the suggestion that
Cuba should not receive the
support of the Bahamas
because of the country's hunian'
rights violations. ;
"You have to view Cuba's
position on human rights first.
and foremost as the designing pof
a policy towards protecting th.e
SEE page 11


vt presents BUT with proposal

five-year industrial agreement
MENT has pre- agreement provides for the al programmes for alcohol mutually acceptable provi-:
ihamas Union of following: and drug abuse, increased sions or clauses based on the:
Sa proposal for a Salary increases commen- compassionate leave, and pro- BUT's proposals that are fqt ;
mistrial agreement surate with those given to the visions intended to achieve a covered in government's pro-.
end the stand- BPSU; collegial working environ- posal and which are within i
sted for the past Allowances that recognize ment. the terms of the 1965 Recog-
s between them. the importance of teachers to The government is also nition Agreement.
to- government, the educational system and including provisions designed "The government looks for-
agreement cov- which are intended to address to achieve a productive and ward to continuing its negOti-
ation and other their special needs, such as harmonious working rela- nations with the union with a
nefits and vari- transport, housing, coaching, tionship between the govern- view to arriving at a final
d conditions of extra-curricular responsibility ment, the union and'other agreement that is mutualy
templated under and hardship allowances. stakeholders; and the entitle- beneficial and which reflects
ognition Agree- The agreement also ment of the union to agency the importance and valuee of
includes, favpurable condi- shop dues. teachers as professionals with.
ent press release tions of service, including pro- In addition, the government in the public service," ",he
ght said that the visions dealing with remedi- is amenable to negotiating release said.


.1 | BANK FINANCING ARRANGED: Bring along your job letter, pOasB


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#1 PAPER IN CIRCULATION


BAhe tHAMmiAS EraD
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91






THE TRIBUNE


PAGE 2, WEDNESDAY, APRIL 12, 2006


LOCALN


Former tourism



boss passes on


o In brief

Woman
charged with
-cocaine
trafficking


HENRY AC Ross, who will
be remembered as one who
made a difference in tourism in
the Bahamas, died after a short
illness in Fort Lauderdale on
April 1.
.Appointed Director of the
Nassau/Paradise Island Promo-
tion Board in 1973, his associa-
tion with the Bahamas and his
love for these islands continued
until his retirement in 2004. He
continued to visit the Bahamas
on a regular basis until his
death.'
Born in 1936, Mr Ross had a
rich career in tourism, which'
spanned 50 years. In the 1950s
and 60s he worked at the Savoy
Hotel in London; Grindelwald


Hotel in Switzerland; Chateau
Tongariro in New Zealand;
Nassau Beach Hotel, Nassau;
President Hotel, Hong Kong
and the Hotel Singapura Inter-
continental. He later joined
Leonard Hicks and Associates
based in London, Toronto, and
Miami.
He is survived by his former
wife Mary, his children, Hamish
Ross, New York; David Ross,
Miami and Michele Ross Kelly,
Nassau, and two grandsons, Jor-
dan and Oliver Kelly, Nassau,
his brother Graham Ross, his
sister Barbara Betink, and
nieces and nephews in New
Zealand.
The Ross family has extend-


ed an invitation to family and '"
friends from all over the world
in a celebration of Mr Ross' life,
which will be held on.Saturday,
April 22, at 11am at the Ter-
raced Gardens, Ocean Club
Hotel on Paradise Island.
"We request that you wear
bright colours and a warm
smile!" said a family member.
Instead of flowers, a scholar-
ship fund for the Hotel Training
School in the name of Henry
Ross has been opened at The
Royal Bank of Canada, Nassau.
The family has requested a
reply from those planning to N 2
attend the memorial service to:
drsandalsgroups@mind-
spring.com 0 HENRY Ross

Two men wanted following robbery


* ALONZO Butterfield
THE police have released
photographs of two men want-
ed for questioning in connec-
tion with the armed robbery
of a food store.
Both are described as armed
and extremely dangerous.
Police say they want to
speak to Alonzo Butterfield,
21, about an armed robbery at


A NASSAU woman has
been arrested and charged in
Florida in connection with a
cocaine trafficking incident.
Joyce Munroe, 27, was arrest-
ed at the Fort Lauderdale Hol-
lywood International Airport
by the Broward Sheriff's Office
around 2pm last Wednesday.
She was charged with traf-
ficking more than 400 grams of
cocaine, which is a first-degree
felony in Florida and carries a
maximum sentence of 30 years
in prison.




INSIGHTe

For thestorie


* VALENTINO Deveaux


the John Chea Number Eight
store on Carmichael road.
He is described as a dark,
heavy-built Bahamian. His last
known address was Kings
Court in the Yellow Elder
Subdivision.
Valentino Deveaux, who is
being sought in connection
with the same incident, is


described as a 27-year-old
Bahamian with a light brown
complexion and a slim build.
His last known address was
in Highbury Park.
Anyone with information on
either man should call police
by dialing 919, the Criminal
Detective Unitat 322-3333, or
Crime Tipsters at 328-8477.


THE CLEARING

BANKS ASSOCIATION

Announces


Easter Holiday

Banking Hours


Thursday, April 13th
9:30am 4:30pm


Friday, April 14th
CLOSED


Monday, April 17th
CLOSED


Tuesday, April 18th
9:30am 3:00pm



Association's Membership
Bank of The Bahamas International Limited
Citibank, N.A.
Commonwealth Bank Limited
Fidelity Bank (Bahamas) Limited
FirstCaribbean International Bank (Bahamas) Limited
Royal Bank of Canada
Scotiabank (Bahamas) Limited


Christ Church

Cathedral
Schedule of Services for Holy
Week & Easter
April 9th April 14th

Tuesday, April 11th 7:00am & 12:30pm
Holy Eucharist

Wednesday, April 12th 7:00am & 1:00pm
Holy Eucharist


7:30pm
Liturgy of the Renewal of Vow's
& Blessing of Holy Oils


Thursday April 13th -
Maundy Thursday 7:30pm
Commemoration of the Last Supper & Watch
before the Altar of Repose

Friday, April 14th Good Friday 9:00am
Good Friday Liturgy

Service Times for Sunday
April 16th, 2006
Easter Sunday


6:00am The Easter Vigil
7:30am Holy Communion
9:00am Procession, Family Eucharist
11:15am Holy Eucharist
6:00pm Solemn Evensong, Sermon &
Benediction


MAIN SECTION
Local News..................P1,2,3,5,6,7,8,9,11,12
Editorial/Letters.....................................P4
Advt .....................................................Pi
BUSINESS/SPORTS SECTION
Business ......................... ....P1,2,3,4,5,8
Advts....................................................... P ,7
Com ics............... ................ ...... ........... P9

THE ARTS .SECTION
Arts ......... ................. ..IP1,2,3,6,7,8,10
Out There .......................................... ......P4
Advt ............................... ....................P5
Weather.............................. ................ ...

CLASSIFIED SECTION 24 PAGES

MIAMI HERALD SECTIONS
Main ........................d............. 2 Piges
Sports/Business............................ 12 Pages


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WEDNESDAY, APRIL 12, 2006, PAGE 3


THE TRIBUNE


L NEWS


o In brief


Man dies in

hospital

following

shooting

* By DENISE MAYCOCK
Tribune Freeport
Reporter
FREEPORT A young man
who was shot at an apartment
on Hudson Avenue last month
has died at the Princess Mar-
garet Hospital.
Grand Bahama Police are
awaiting the results of an autop-
sy on 36-year-old Troy Beneby
who died at about 11.10pm on
Saturday in the Intensive Care
Unit.
Superintendent Basil Rah-
ming said an autopsy will be
held to determine the exact
cause of death so that prosecu-
tors can decide whether or not
charges should be brought
against a man who is in police
custody in connection with the
incident.
According to reports, Beneby
and his girlfriend, Claudia
Williams, 25, were shot on
March 14 at an apartment at
Sarah's Court on Hudson
Avenue.
Beneby was shot in the head
and Williams was shot in the
hand and chest.
They were taken to Rand
Memorial Hospital, but Beneby
was later airlifted to Princess
Margaret Hospital for further
medical treatment.
Ms Williams has since been
discharged from hospital.


US aircraft

carrier

heads to

Caribbean

THE USS George Washing-
ton aircraft carrier strike group
moved into the Caribbean this
week for two months of training
and joint military exercises, in
what the military hopes will be
a show of'its cnmplitment to the
region, accortdrig 'io Associated
Press.
- The military has dismissed as
ridiculous allegations by
Venezuelan President Hugo
Chavez that it is planning an
invasion of his country. Still,
analysts say the show of force
sends a strong signal to Chavez
and other Latin American lead-
ers as well as to China, which
has a growing presence in the
region about US commit-
ment there.
The deployment is part of
Operation Partnership of the
Americas and will also focus on
threats such as drug and human
trafficking, according to the
Miami-based US Southern
Command, which oversees mil-
itary activities in Latin America.
The carrier will arrive at its
first stop in St. Martin on Fri-
day. Other countries on the tour
include Honduras, Nicaragua,
Jamaica, Curacao, Aruba, St.
Kitts, Trinidad and Tobago.

Barbados

and Trinidad

dispute is

settled

* BARBADOS
Bridgetown
BARBADOS and Trinidad
welcomed Tuesday the ruling
by an international arbitration
court on a maritime boundary
dispute between the Caribbean
neighbors, according to Associ-
ated Press.
The ruling by the Permanent
Court of Arbitration in the
Netherlands which sets the
border running roughly halfway
between the countries was
expected to help resolve an
ongoing dispute over fishing
areas. The five-person panel has
no enforcement powers, but
mediates disputes when nations
agree to abide by its decisions.
The Caribbean dispute dates


from the mid-1980s, when
Trinidad and Tobago became
an archipelago under interna-
tional law and began arresting
Barbados fishermen in its new-
ly-declared economic sphere for
what it said was illegal fishing.




F PIETPOi EiS

PHNE I 2 25


K!
7-:1 1i .


* By CARA BRENNEN
Tribune Staff Reporter
THE Bahamas must get a
grip on crime in the country
before it destroys the very fab-
ric of Bahamian existence, a
social advocacy group urged
yesterday.
Local psychiatrist and social
activist Dr David Allen, Cas-
sandra Davenport and
Bathsheba Stewart of the
Bahamian Forum urged
Bahamians to increase their
efforts in preventing crime by
20 per cent.
Dr Allen said he firmly
believed that, with a 20 per
cent increase in preventing
crime, 80 per cent of crime can
be eliminated.
Dr Allen noted that crime
has taken hold of the society,
affecting Bahamians of all
ages, social classes and races.
Therefore, he said, everyone


I )- I --


must join in the fight.
"It is not us against them, it
is us and us, we are the police
and the police are us," he said.
Dr Allen said he was
recently horrified when he
met a 13-year-old who told
him he carried a knife and
brass knuckles to school,
which the boy said he had
found in the bushes. He said
the teen had threatened to kill
his grandmother.
"She lives in fear, why
should she have to live like
that?" he asked.
Dr Allen said that if the
country does not get a handle
on the crime, it can destroy all
the good the country has tried
to do, in terms of foreign
investment and tourism.
Dr Allen added that most
people tended to ignore the
threat of crime because it had
not personally affected them.
"But when it comes to you,


what can you say?"
Ms Stewart added: "The
drum roll of crime goes on rep-
etitiously...and the reaction
scenario is repeated. We pray,
we console, we cry out for the
law to take its course."
Ms Davenport noted that
the time has come to work
together before everything the
country has worked so hard
for collapses.
The Bahamian Forum held
an information session on
crime fighting at the British
Colonial Hilton yesterday
evening.
Inspector Keith Bell dis-
cussed the role the public and
police can play in this fight.
"Very importantly, he
repeated the clarion call for
the help of the public be it
parents, neighbours, our
churches and other character-
building support associations,"
said Ms Stewart.


".7 '


0 THE
rapidly
groq' ing

rhaw III
domiinates
Na-oaeto
Harbour
yeslerda y
allcr lIiMe
de'elopirntni
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Residents demand answers






over death of Deron Bethel.
ove ero K'-


FURIOUS residents of Pinewood
Gardens are giving the Attorney Gen-
eral a one-week ultimatum to bring the
killers of Deron Bethel to justice.
"If Allyson Maynard-Gibson doesn't
bring charges by then, there is going to
be trouble," a source told The Tribune
yesterday.
"The people of Pinewood are deter-
mined that there will be no cover-up of
this crime. If they don't get justice, there
will be confrontations with the police.
It's as serious as that."
The warning came four days after the
funeral of father-to-be Deron, 20, who
was shot dead in his car while parked
outside his Pinewood home two weeks
ago.
Neighbours are concerned that there
will be a cover-up because two police
officers were allegedly involved in the
shooting.


However, sources close to the family
now say it was not a "police shooting" in
the strictest sense of the word because a
love triangle was at the centre of the
killing.
They say Deron was the innocent vic-
tim of a situation involving a neighbour
who called her boyfriend to sort out a
domestic argument in which she was
involved.
The boyfriend, it is claimed, was an
off-duty officer who turned up with a
police colleague, who was also off-duty.
Deron, they claim, was the victim of
mistaken identity.
Residents say one of the officers fired
a shot through Deron's car window,
killing him instantly, thinking he was
another man who had allegedly gun-
butted a woman living nearby.
Although early medical reports sug-
gested three bullets were fired, resi-


dents now believe there was only one
shot.
This was fired into Deron's heart and
then hit his collarbone before entering:
his brain. Because of the route the bul-
let took, it looked as though Deron had
been hit by three shots.
A Pinewood source said: "There was
concern at one point that police might
plant bogus evidence near the scene to
obstruct justice.
"But the attitude in the community is
absolutely clear. Whoever is responsible
for this must be charged. The Attorney
General must act.
"The people are urging Mrs May-
nard-Gibson to get on with it. They are
giving her one week in which to act. If
the matter is not resolved, Pinewood
will deal with it in their own way.
"These people are anxious to have a
real confrontation with the police.


Deron was killed with one shot from a:.
service revolver. Now they need jus-C
tice."
Deron's mother, Ms Diana Bethel, is.
said to be determined to ensure that.
the culprit is put before the courts. "She
will not rest until a resolution is found,"'
the source said.
Deron, a hotel worker, was said toi'
be planning to marry his five-month"
pregnant fiancee Shakira Coakley in'
November this year. :
Last week, Ms Bethel told The Tri-
bune that Deron had been deprived of' ,
his opportunity of fatherhood and his:
unborn child had been robbed of its
father.
"He told me he would always make':
sure his baby got the best of every-
thing," said Ms Bethel. "Now he will"
never get that chance."


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Bahamas 'must bring




crime under control'


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P EEoDNSA, PI1,206TETERIBUINOE


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

LEONE. 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


Atlantis, a great credit to the Bahamas


ON MONDAY Prime Minister Christie told
an audience composed of cabinet ministers,
members of the clergy, the press and Kerzner
staff that a Bahamian realtor had told him
that "what makes Sol Kerzner different as a
developer in the Bahamas is that he showed
the world and Bahamians that you can make
money from operating a resort" in this country.
Up to this point the Bahamas' resort busi-
ness was noted more for its failures than its
successes.
Monday's ceremony was to mark the half-
way point in the construction of Atlantis' phase"
three at Paradise Island.
The Kerzners' decision in 1993 to take on
the challenge of Paradise Island's failed
Resorts International was the catalyst that
gave a new meaning to tourism in the
Bahamas.
Mr Kerzner told his guests that for him this
was a "very exciting project, a very challenging
project," and one that he thought would take
"Atlantis and the Bahamas to yet another lev-
el in terms of destination resorts." He thought
it would lay a "further foundation for the
growth and development of the tourist indus-
try here in the Bahamas."
In 1992, the average hotel occupancy rates of
Resorts International, then being sold by Hol-
lywood entertainer Merv Griffin as a failed
project, were 64.2 per cent with average room
rates at $95.19 a night. In 1993 occupancy rates
had fallen to 62.8 per cent and room rates to
$93. The year 1994 was the year that the $125
million Kerzner construction started to turn
Atlantis into a resort destination with the
marine life of the Bahamas as its central
theme. That year occupancy was 49.9 per cent -
and rates were $87.35.
By 2005 the hotel's average occupancy was
81.7 per cent with the average room rates at
$272. Of course, now that we are in Easter
week, Atlantis is booked solid.
Although the number of rooms have been
doubled, the resort destination has maintained
its occupancy while tripling its rates.
In.1994 Mr Kerzner took over a staff of
2,800 who were working one to two days a
week. Today there are 6,500 employees work-
ing a full week. By the time phase three has
been completed in mid-2007 it is projected
that Atlantis will have 10,000 employees -
most of them, as is now, Bahamian.
"The complexity and the enormity of this
project," said Mr Kerzner, "I don't think is
equal to anything that I've been a part of." It
was his opinion that if he were doing this in the
"United States or any other country in the
world" that one would see'"the quality of
workmanship that we have here in the
Bahamas, certainly the capacity to achieve
what we achieved here in a time frame that we


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have to do this, and with essentially a Bahami-
an workforce."
Mr Kerzner thought this was a great credit
to the Bahamas and to its people. "In many
ways," he said in thanking them for their com-
mitment to the company, "this is what we are
all about the people. Without people,
whether it is on construction, whether it is on
delivering the quality of service, the hospital-
ity and the warmth that visitors enjoy I
just think this is/very unique."
The Kerzners -Sol and Butcl have put
great emphasis'on their people. Annually they
spend $1.4 million on hospitality training at
Atlantis and One&Only Ocean Club, which
includes more than $500,000 a year on Atlantis
University that focuses on management train-
ing.
Over two years 2005 to 2007 more
than 300 Bahamians will take part in an
apprenticeship programme that will add to
the local skilled labour pool of carpenters,
electricians, masons, tile layers, plumbers,
HVAC, metal fasteners, drywallers and
painters. Funding of the programme will come
to approximately $7.5 million.
So far Kerzner International has invested
$1.1 billion in Paradise Island. The investment
will reach $1.2 billion with the completion of
phase three.
Turning to the site employees, Mr Christie
said on Monday: "And so to the men, and
I've seen women who are employed on this
site, a great, great deal is expected of you. As
we move forward to the future, many of you
would see this as the defining moment in your
own lives, where you came to a job, you got
that added training and exposure that you
needed and you moved on upwards. But the
country never has an opportunity to look to
you in the way we are doing today. You're
the people that make it happen, and so I want
to encourage you, as I thank you, because
when this is finished as was the Royal Tow-
ers and you drive past with your grandchil-
dren, and you say 'your granddaddy was a
part of that.'"
Mr Christie said that the Bahamas "has
placed a great deal of reliance in the continu-
ity of the vision of Sol Kerzner. The country
has placed a great deal of resources behind
the Kerzner organisation, and much more
important than all of those, the country has
invested a great deal of hope as we look to the
future, in this organisation. It is paying great
dividends for our countrymen. One need only
go throughout the Bahamas now to see
investors must make money and they look to
see who has made a profit or who is making
money and that's the bottom line and they
see the defining investment that happened
here some 12 years ago."


The Andros





ferryboat





initiative


EDITOR, The Tribune
THIS is either the most
impractical scheme or the
biggest scam ever foisted on the
Bahamian public.
a) Shuffling 100 cars or so a
day between Nassau and Fresh
Creek will have no noticeable
effect on downtown traffic. At
$10 a trip it would cost the com-
muter $140 a week and five
hours a day to live in Andros
and commute to and from Nas-
sau. At $20 per car this can
hardly be cost effective consid-
ering limited ferry size, initial
investment and operating
expenses, the over runs would
be paid by the public.
b) Hurricane evacuation from
the high ground and substan-
tial buildings available in New
Providence to a low lying
swamp like most of Andros
with no substantial shelters and
limited supplies would make the
evacuation of New Orleans look
good. Anyone who thinks the
same hurricane can't strike the


whole of Andros and Nassau
has never seen a hurricane
tracking chart. These storms fre-
quently radiate 200 miles from
the centre. Leaving New Provi-
dence for Andros makes
absolutely no sense unless you
are suicidal.
c) The idea of shipping freight
from Ragged Island and
Crooked Island (if there was
any freight) to South Andros
and trucking it to Nassau is
ridiculous...This would require
some 20 miles of bridges to be
built over South Bight, Middle
Bight and North Bight, requir-
ing many years and many, many
millions and dwarf the seven
mile bridge to Key West. There
is not enough freight in all the
Bahama Islands to make this
cost effective.
d) Move the Defence Force


to Inagua. Why? Operating
costs there would be four times
what they are here: They would
be exiled to the least populated
area of this nation with no
housing or maintenance facili-
ties and a harbour the size of a
bath tub... Obviously this pro-
posal is designed to get the
RBDF out of Coral Harbour
to make room for the proposed
ferry...We need the RBDF here
not 300 miles away more than
another ferry service to
Andros.
d) Comparing this scheme to
develop Andros with the open-
ing of the American West is
totally without foundation. The
development of the American
West was fueled by the avail-
ability of free land and the dai-
ly arrival of thousands of immi-
grants. I don't see any free laid
in Andros and the only immi-
grants I see are Haitian.
YOUNG
Nassau
April 2006


Privatisation is the best


thing for Bahamasair
Jn r7 amas


EDITOR, The Tribune.
Much has been written in the
past on privatizing Bahamasair.
Unless you are, a Genie there
is no hope of that. The entity
fails the "going concern" con-
cept and the only outlet possible
is that of an asset sale. Thank-
fully the Prime Minister him-
self has .taken. hold of this
responsibility pertaining to
Bahamasair.
Bahainasair has served its
purpose of providing air service
to the mainland and the out
islands. As the article in The
Tribune pointed out there is
plenty of competition to satisfy
the public's desire to come the
Bahamas and its surrounding
islands. Just look at what hap-
pened when Chalk air went
down; within days another air-
line picked up the route to
Bimini.
The other concern is what to
do with the futures of 600
employees of Bahamasair.
Some will be picked up by com-
peting airlines. I think the gov-
ernment should pay each
employee six months worth of
wages and free education at any
of the government schools of


post high school learning. At an
average annual wage of $30,000
this would cost $9,000,000. The
education tuition amount would
be minimal since an extra chair
or two in a classroom does not
add any incremental cost.
Thus far the public treasury
has had to fund the losses of
Bahamasair for this fiscal year
by some $23.5 million. At that
rate by the end of this fiscal year
the sum will well exceed $30
million. In the last 10 years I
understand the public treasury
has sunk $200 million. I know it
is hard to accept this decision
but it is the right thing to do.
I read that the teachers are
being told that the government


cannot afford what they are ask-
ing for. If you were to offer
them a $2,000 across the bodrd
increase that would cost $7 mil-
lion. That combined with the 6
months severance payment
would be $16 million and the
government would still be
somewhat ahead in the nuin-
bers game. Also this does not
include the one time benefit
from the BahamasaiFr.asset sale.
More importantly they would
be doing a very correct and
important deed in their service
to the people.
JIM MOORE
Fort Lauderdale
April 2006


A Bahamian lottery?


EDITOR, The Tribune
WHEN I was a child going
to school the teachers had the
welfare of the students at
heart even though they were
only making four shillings per
month. Back then the stu-
dents' grades were very high.
I do not know, please tell me
if you think the teachers of
today have the students at
heart because their English
language is very poor.
One only has to listen to
some of our athlete students
on the radio or television and
you will wonder who were
their teachers. This makes me
remember those bell hop
preachers when I was little.
The preachers used to have
the souls of the people at
heart. That was the reason


Y37e


for so many good people and
good citizens. The preachers
used to go out into the high-
ways and the byways to let
the people know what doth
saith the Lord.
Please tell me, I don't
know what these bell hop
preachers have at heart
today. They stay in the
churches and put one song or
one sermon on tape and they
want to make a million or
more dollars off of it.
Please tell me, I don't know
what they have at heart. I can
see why they don't want any
lottery in the Bahamas
because they have their owii
lottery in their churches.
NELSON WOODSIDE .
Nassau
April 2006


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THE TRIBUNE


PAGE 4, WEDNESDAY, APRIL 12, 2006


1


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.3~-~
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LCLNW


0 In brief


Haitian
embassy
ends cultural
programme

THE Haitian Embassy will
end the 2005/2006 season of its
cultural programme on Friday,
April 21, with a speech on the
economic development of Haiti
by a renowned academic.
The last meeting of the cul-
tural programme, known as
"Les Vendredis Culturels de
l'Ambassade d'Haiti aux
Bahamas", or "Cultural Fridays
of the Embassy of Haiti in the
Bahamas" will take place at
7pm at the British Colonial
Hilton Hotel.
Dr Patrick Bellegarde-Smith,
professor and chair of the
Department of Africology at
the University of Wisconsin-
Milwaukee will be returning to
.Nassau for the event.
S"The conference will be held
on the very date that Haitians
will be returning to the polls to
elect their members of parlia-
,ment and the senate," said a
release from the embassy.
Professor Bellegarde-Smith's
.topic will be "the historical con-
text of Haitian national devel-
opment: the future is learned
from the past."
S "He will argue that the foun-
dations of the Haitian national
state reside in pre-colonial, colo-
nial and post colonial history,
in the amalgam of national and
international factors that define
the evolution of the country.
"Development, in all its facets
-and dimensions, invariably
'lakes into account these issues.
Culture, economics, politics,
social class domestically, are
impacted powerfully from an
international system in which
Haiti was always seen as trans-
gressive," the statement said.


,Guildhall

_announces

-2006 music

;exams

. TRINITY Guildhall in Lon-
dtlon has announced that its 2006
-,practical music examinations
-,will be held between April 27
and May 9.
Candidates taking the exams
in the Bahamas are to report to
St Andrew's Presbyterian
Church located on Shirley
Street across from the Central
Bank of the Bahamas.
,Teachers are asked to collect
their student's appointment
slips as soon as possible and to
ensure that all students show
up at least 15 minutes in
advance of each examination.
This year's examiner will be
Mr Howard Parkhouse, who for
19 years was a county director
of music in Britain and has giv-
en numerous organ recitals in
Germany, Singapore and New
Zealand.
The Guildhall's practical
examinations are held only once
a year. Theoretical exams will
be held in May and November.













WED. APRIL 12
2:00am Community Pg. 1540AM
8:00 Bahamas@Sunrise
9:00 CMJ Club Zone
9:30 Tennessee Tuxedo & His Tales
10:00 Da' Down Home Show
11:00 Immediate Response
12:00n ZNS News Update
12:03 Caribbean Today News
12:05 Immediate Response Cont'd
1:00 Flashback
1:30 Island Life Destinations
2:00 Carmen San Diego
2:30 Fun
3:00 Morning Joy
3:30 Ecclesia Gospel
4:00 Lisa Knight & The Roundtable


4:30 Cybernet
4:58 ZNS News Update
5:00 Gospel Video Countdown
. 6:00 A Special Report
6:30 News Night 13
7:00 The Bahamas Tonight
8:00 Lving Stations of The Cross
8:45 Bahamas Coastal Awareness
S9:00 BTC Connection
9:30 Caribbean Passport
10:00 Caribbean Newsline
10:30 News Night 13
11:00 The Bahamas Tonight
11:30 Late Night Feature: Jacob
S1:30 Comm. Pg. 1540AM
,-,e


Prison officer tells how he




discovered body of inmate


* By MARK HUMES

PRISON officer Neko Sargent
told the coroner's inquest of three
living prisoners entering a prison
bus on Yamacraw Road for Her
Majesty's Prison only to escort two
of them off alive after its arrival.
Before telling the court of how
he discovered the lifeless body
of Neil Brown, slouched over a
seat at the back of the bus, Offi-
cer Sargent, who rode in the bus
to the prison, reported that the
three prisoners were seated at
the back of the bus.
After arriving at the prison, he
told of walking Barry Parcoi and
Forrester Bowe off the bus to a
holding area. At the time, Sar-
gent said, he did not notice any-
thing in particular about Brown,
who was seated at the back of
the bus with the other prisoners.
When he returned to the bus to
escort Brown from the bus, how-
ever, he said he touched him, but
got no response.
Sargent said he then got Dr
Donaldson, the prison's doctor,
and told hini one of the prisoner's
was unresponsive. According to
Sargent, the last time that he saw
Brown on the bus, he was
slumped over the chair.
Shown pictures of a deceased
Brown on the bus, Sargent told
the court that the position of
Brown in the picture was not the
same as when he had first dis-
covered him.
Officer Sargent's memory had
to prodded.by Magistrate Virgill
later in the trial when he was not
able to remember much pertain-
ing to prison officers who handled
the three prisoners onto the bus.
When the Magistrate wanted
to know how and who brought
the prisoners on the bus, Sargent
told the Magistrate that he was
too "out of it" to remember.
Magistrate Virgill wanted to
know how the officer could
remember everything so well up
to the point of the prisoners get-
ting onto the bus, but could not
remember anything else.
She asked him to be forthright
with the court and reminded him
that the purpose of the inquest
was to sort out events that led to
the death of one of his comrades.


Sargent later said that the only
officer he remembered on the
bus that morning was the driver,
an officer S. Kelly. The Magis-
trate did not press the issue.
Officer Sargent went on to
relayed how an officer, attempt-
ing to hit Barry Parcoi during a
scuffle at the back of the bus,
missed him and hit the back glass,
smashing it completely out.
The officer in question was not
identified by Sargent.
The last officer to take the
stand on Tuesday, Prison Guard
Sandy Mackey, told of being con-
fronted by and shooting at an
unidentified person running
toward him in the dark bushes
off Yamacraw Road.
Officer Mackey related how he
gave chase to three unidentified
men in the early morning hours
of January 17th.
During the chase, Mackey said
he fired a warning shot, and one
of the men turned back and
began running in his direction
with his hands in the air.
The officer then said he fired a
shot at the person when he was
about four feet away, and the
person slowly went on his knees.
At the same time, the other
two persons stopped running and
came back to where the first pris-
oner was on his knees. They too,
he said, got on theirs.
Mackey said that he was not
able to identify any of the per-
sons who came and kneeled in
front of him because of the dark-
ness and did not find out who
they were until later that morning.
Officer Mackey's testimony,
that he was the one to capture
the three men, contradicted the
testimony given by the officer
who testified before him, Officer
Neko Sargent.
In Sargent's testimony, he
claimed that when the officers
were giving chase to the escaping
prisoners, he stumbled and fell
over somebody. He said he
grabbed the person whom he
stumbled over and held the per-
son down until he received help
from the police in cuffing him.
He later identified the person
as Barry Parcoi.
The matter was adjourned to
10am today.


I'Scavengig for0foo


* THIS man looks into the garbage for food, while the seagulls fly over to take whatever
he finds
S(Photo: Felipe Major/Tribune staff)


Cuba and Venezuela to refurbish Soviet-era oil refinery in Cuba


* CUBA
Havana

COMMUNIST Cuba is
deepening its relationship with
oil-producing Venezuela, form-
ing a joint venture to refurbish
an idled Soviet-era oil refinery
in central Cuba, the two coun-
tries said Tuesday, according
to Associated Press.
President Fidel Castro and
Venezuelan Oil Minister
Rafael Ramirez were at the
ceremony Monday night
where officials signed the con-
tract between the two nations'
state oil companies, the Com-
munist Party newspaper Gran-
ma said. Venezuela's oil com-
pany issued a similar state-
ment.
Cuba will hold 51 per cent of
the new joint venture, to be


called PDV-CUPET SA, with
Venezuela holding the remain-
ing 49 per cent.
The agreement fulfills a let-
ter of intent signed last year
by Castro's government and
the administration of Venezue-
lan President Hugp Chavez
under their own vision for a
regional trade agreement, the
Bolivarian Alternative for the
Americas. Cuba and
Venezuela, so far its only
members, hope to expand it to
include other countries.
Neither Granma nor the
Venezuelan announcement
gave financial details. But last
year, an executive of the state
firm Petroleos de Venezuela
SA, or PDVSA, said the pro-
ject would cost between US$60
million and $100 million.
Alejandro Granado,


PDVSA's director of refining,
said at the time the rehabili-
tated Soviet-era refinery could
open as early as June 2007 and
would initially process 65,000
barrels of crude daily.
During a news conference
Tuesday to mark the fourth
anniversary of a short-lived
coup attempt against his older
brother, President Chavez,
Venezuelan Ambassador
Adan Chavez said that the two
countries soon will form three
other joint ventures: a pub-
lishing company and firms to
produce music recordings and
films. -
Adan Chavez said the joint
ventures are "agreements for
co-operation in our America.
No one is trying to take advan-
tage of the other."
The Cuba-Venezuela pact is


an alternative to the Washing-
ton-backed Free Trade Area
for the Americas, which Castro
and Hugo Chavez say is a US
effort to "annex" Latin Ameri-
ca.
The new petroleum joint ven-
ture will rehabilitate an idled
Soviet-era refinery in the central
city of Cienfuegos on Cuba's
southern coast to refine; store
and distribute crude oil.
The announcement comes as
trade rapidly increases between
the two political allies.
Cuba-Venezuela trade is pro-


jected to reach more than $3.5
billion this year, Adan Chavez
told Associated Press here dur-
ing an exclusive interview here
last week.
That's up 40 per cent from
the $2.5 billion in trade in 2005,
the ambassador told the AP on
Friday. He quoted slightly low-:
er trade estimates during the
Tuesday news conference.
The bulk of trade comes from
the 90,000 barrels of crude
petroleum that oil-producing
Venezuela sends to the com-
munist-run island daily.


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The Bahamas Telecommunications Company Ltd. (BTC) is pleased to invite
Tenders to provide the Company with coverage for our Directors and
Officers.
Interested companies/firms in Nassau may collect a tender package from
the Security's Desk located in the Administrative building on John F.
Kennedy Drive, between the hours of 9:00 a.m. and 5:00 p.m. Monday
through Friday.

In Freeport, packages are to collected from the Security's desk, BTC, Mall
Drive.

The deadline for submission of tenders is April 13th, 2006. Tenders should
be sealed and marked "TENDER FOR DIRECTORS AND OFFICERS
INSURANCE" and should be delivered to the attention of the Acting
President and CEO, Mr. Leon Williams by the above date and time.

BTC reserves the right to reject any, or all Tenders.
^- J


-THE TRIBUNE


l


WEDNESDAY, APRIL 12, 2006, PAGE 5









LOCAL NEWS


NHI is 'best option to finance



health care for everyone'


* By DENISE MAYCOCK
Tribune Freeport Reporter
FREEPORT Dr Perry Gomez,
chairman of the Blue Ribbon Commis-
sion, said that national health insurance
is the best option available for financing
"cradle to the grave" health care in the
Bahamas.
The commission was appointed in
August 2002 by Prime Minister Perry
Christie to look into the feasibility of
establishing a NHI plan for the
Bahamas.
The 15-member multi-disciplinary
group made a report to the government
in 2004, in which the commission made
eight recommendations to the govern-
ment for the establishment of national
health insurance.
"The reason why government is look-
ing into establishing this is to ensure
that all patients receive the same quali-
ty of a standard of health care regardless
of their personal wealth or circum-


stances," he said last week in Grand
Bahama.
The National Health Insurance
scheme was preferable, he said, because
it avoided an increase in public fund-
ing, taxation, or user fees.
Dr Gomez said user fees penalise indi-
viduals who do not have the means for
seeking healthcare. He noted that most
people are embarrassed when they do
not have the means so they come to the
doctor later with more advanced disease.
"So it costs the system even more
because they lack the means in the first
beginning. It is not a recommendation to
be considered at all because the higher
the fees the more people will stay
away," he said.
In addition Dr Gomez said private
health insurance is insurance for profit
and excludes people who are sick with
pre-existing conditions, and is not sus-
tainable. "Over the years we have seen
many private health insurance closed
and we know that only four major com-


panies are operating because of recent
mergers," he said.
According to Dr Gomez, a medical
savings account as a means of'paying
for health is another option that is com-
monly used in the East, such as in Sin-
Sgapore. But said it is not an option in
the Bahamas because most average
people do not have savings account.

Recommendations

The first recommendation of the com-
mission is to achieve coverage for all.
The commission has also recom-
mended that NHI should be adminis-
tered by the National Insurance Board
"because it already has a network of
offices throughout the country and it
would be cheaper and feasible in the
NIB structure."
It further urges that the package
Should be comprehensive, not just for
catastrophic or primary illness. And that


contributions must be set an affordable
rate so that everybody pays according to
their means and everybody benefits.
Dr Gomez said there must be a mix-
ture of public and private providers in
the network for NHI. He noted that
capitation is to be the preferred method
of payment, but there will be a mix of all
forms of payment under the scheme.
Lastly, he said that national health
insurance should create a contingency
fund to cover reserves and health ser-
vices improvement and for sustainabil-
ity.
Dr Gomez said the government had
accepted the recommendations and
appointed of a Steering Committee,
which had worked in the cost of the
components of NHI over last 18 months.
"There are no exclusion in NHI the
young and very old are helped. It covers
from the cradle to the grave. It will give
people the dignity of not having to beg,"
he said.
See opposite page for more on NHI


* CYNTHIA Stanko (left) is pictured receiving her award
from FirstCaribbean International Bank's senior manager and
corporate secretary, Teresa Williams


of three Bahamian finalists
who received local accolades,
cash prizes, plaques and flow-
ers in recognition of their
humanitarian efforts.
The three names were then
submitted for regional judg-
ing among finalists from 15 of
the countries in which First-
Caribbean operates.
Theresa Gomez, one of two
persons nominated Ms Stanko
for the Unsung Heroes Pro-
gramme, wrote: "She has


(Photo: TCL/Wendell Cleaie)

shown a love for the less for-
tunate in our community so-
much so that .she has even
adopted two children. Since,
1968, Ms Stanko has worked
with children who are mental-
ly and physically challenged'
and, apart from helping the
children, she helps the parents
cope with their situation. Over.
the past 13 years, her advice
and assistance has been an
invaluable asset in my child
and my life."


CYNTHIA Stanko, who
began the Bahamas Infant Stim-
ulation Programme, has
received regional acclaim from
FirstCaribbean International
Bank for being a humanitarian
with a heart of gold.
In what was called "one of
the most competitive seasons"
the judging panel named Ms
Stanko first runner-up out of
211 entrants from all over the
Caribbean in the bank's region-
al Unsung Heroes Programme
2005.
Ms Stanko was honoured at a
gala ceremony held in Barba-
dos where she received several


gifts, including prize money to
be used toward her cause, which
is a continuation of her work as
director for the Bahamas Infant
Stimulation Programme.
FirstCaribbean Internation-
al Bank Bahamas' managing
director Sharon Brown con-
gratulated Ms Stanko for
"unselfishly committing her life
to ensure that the less fortu-
nate have a chance at a better
life".
In 1985, working in concert
with the Bahamas National
Council for Disability, Ms
Stanko set up the Bahamas
Infant Stimulation Programme,


which provides comprehensive
care and services free of charge
to mentally and physically chal-
lenged children up to three
years old.
"At a time when education
and care for the mentally chal-
lenged were not adequately
provided in the Bahamas, Ms
Stanko's mission was to work
with mentally challenged chil-
dren, ensuring that they were
cared for and better integrated
into society with greater
chances of leading more pro-
ductive lives," said First-
Caribbean in a statement.
Last year, Ms Stanko was one


/-


Join us for a lavish


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Sunday, April 16, 2006 from

12:00 noon until 4:00 pm

Cost $28.95 per person



Special treat for the children:

Clown

SEgg Painting Station

Easter Egg Hunt


For Reservations or information,
please call 322-3301 ext 4045

Price is subject to 15% service charge.


ofloplqo


Britihi Colonial Hilton
Yldtu


0 In brief


Still no sign
of GB men
missing at
sea

Police say there is still no sign
of two Grand Bahama men who
went missing last week Tues-
day.
Christy Jones, 21, and Sha-
day Rolle left Grand Bahama`
onboard a 19-foot speedboat on
a trip to Fort Myers, Florida.
Gaylene Jones, 46, of Holmes'
Rock, reported the men missing,
to police around 10.30pm on
Wednesday after not hearing
from her son, Christy.
The US Coast Guard and
BASRA were alerted. Police
are asking anyone who spots
the vessel or its occupants to
notify the police by calling 911.


Barbados
team gets
lifeline from
UK firm

* BARBADOS
Bridgetown
A BRITISH company gave
Barbados a financial lifeline to
prepare for two World Cup rug-,
by qualifiers in midyear,. accord-: '
ing to Associated Press.
Montpelier Financial Group
agreed to sponsored Barbados.. '
trip to England for a training'
camp from May 12-20, including'"
a game with Leicester Tigers. '
The qualifiers will be against
Canada in Barbados on June-
24, and against the United
States in San Francisco on July,.
1. .
Watkin Gittins, a senior exec i
utive from Montpelier, said.
"When we heard that the team,
might not even make it to the
United States for the game, we.,
were stunned. We decided t0'.,
help and aid a team that was iai:
need. Rugby is not a really big:,
sport in Barbados, hbqthe team.,
needed help and %%e are here to;
help."
Barbados won through the
Caribbean tournament last year;.,
and beat the Bahamas in a play-.
off in October.
"We were really struggling to,
secure funding and this deal hWs-;
saved us," coach Joe Whipple
said. "We tried to secure sponc,
sorship in Barbados but did not,
get any support. So the deal is a
real boost."


Bank's humanitarian


praise for handicapped


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THE -TRIBUNE -:,


P-AGE 6, WEDNESDAY, APRIL 12, 2006


r r







WEDNESDAY, APRIL 12, 2006, PAGE 7


THE TRIBUNE


S


o In brief

Man charged
with rape of
18-year-old
woman

POLICE have charged a 37-
year-old man of Ferguson Way
with the rape of an 18-year-old
woman.
Alfred Brice, who was
arraigned before magistrate
Susan Sylvester on Monday,
allegedly committed the offence
on Friday, January 6.
He was not required to plead
and was granted $4,000 bail.
The case was adjourned to July
17.


Workshop is
scheduled on
environmental
journalism

THE Caribbean Regional
Environmental Programme has
announced that it will be under-
taking a training workshop on
environmental journalism in
Kingston, Jamaica.
This workshop is scheduled
to take place from April 24 to
28.
"Environmental journalism
is a media area of expertise that
is designed to stimulate citizens
to be involved in the environ-
mental decision-making
process.
''Environmental journalists
(print, radio and television)
work to bridge the gap between
individuals and policy-makers
to ensure that the public interest
is being served," said CREP in a
statement.
It said the workshop is
intended to foster an interest
among journalists from the
region in issues related to envi-
ronlmental management in the
wider Caribbean.
"'The target group of print,
radio and television journalists
will be given a unique oppor-
tunity to increase their skills,
meet other talented journalists
from the region, and to expand
their national and regional net-
works.
''The workshop will provide
participants with innovative
tools and informational
resources that will help them to
enhance their environmental
journalism skills," it said.
According to the release, the
na'Tes of all participants must
be submitted by April 17.
Trom the list of applicants,
13 will be chosen to attend the
workshop.


Cuba buys
aircraft to
aid in health
programmes

i HAVANA
CUBA will buy five Russian
aircraft for use in the island's
growing programmes to provide
social and health services to
impoverished people around
the region, official media
reported, according to Associ-
ated Press.
The official Prensa Latina
news agency on Monday car-
ried several photographs of
President Fidel Castro meeting
with Russian officials, includ-
ing Boris Alyoshin, head of the
Federal Industry Agency, when
the agreement was announced
in Havana.
.The purchase agreement was
signed by representatives of
Cuba's Civil Aeronautics Insti-
tution and the aircraft manu-
facturer Ilyushin Finance.
:Prensa Latina did nof say
htbw much the two IL 96-300
and three TU 204-100 passenger
jpts would cost, reporting only
tlat the Russian aviation firm
Would provide Cuba with
fiancing.
:, The IL 96-300 is a long-haul,
wide body passenger airplane
that can carry up to 289 passen-
gers to a distance of up to 8,400
iniles, according to an Ilyushin


Finance website.
,The TU 204-100 is a mid-
range aircraft for 210 passen-
gers. One of those three planes
Will be used for cargo, Prensa
Latina said.
-^ The news agency said the five
aircraft will join two other IL
96-300 passenger jets recently
purchased for solidarity mis-
sions such as "Operacion Mila-
gro" or Operation Miracle in
English. The Cuban-Venezue-
lmn program provides free eye
operationss to needy people
Trom around Latin America.


Acclaim for young



chef champion


Following her $1,750, first place
award in the 2006 Young Chef cham-
pionship, Celeste Smith of Queen's
College was invited to showcase her
winning entries at the Bahamas Hotel
Association Trade Show.
"I was nervous at first, demonstrat-
ing in front of such an audience, but
then I really enjoyed it," said Celeste.
"My mother was there to give lots of
support, as were chef Edwin Johnson,
Keith Parker, the Young Chef organ-
iser, and the master of ceremonies
Brendan Foulkes."
Celeste, 16, used the sponsor's prod-
ucts: Mahatma Rice and Robin Hood


Flour, to replicate her winning recipes,
"Coconut Calypso Crab and Rice" and
"Guava Chocolate Fudge Brownie
with caramalised Banana Ice Cream".
Celeste is pictured with Mr Foulkes
(left) and Bob Kramm, senior vice
president and chief operating officer at
the Old Bahama Bay development in
West End, Grand Bahama.
"This is the sort of talent we are
looking for at Old Bahama Bay," MR
Kramm said. "I hope when she is
ready and finished school, that Celeste
will remember, I asked first!"
(Photo: Keith Parker)


Medical association dismay at



lack of involvement in NHI


Concern in Grand Bahama that

no physician appointed to panels


* By DENISE MAYCOCK
Tribune Freeport Reporter
FREEPORT Bahamian cardiolo-
gist Dr Winston Forbes expressed dis-
may that no one from the health sector
in Grand Bahama was appointed to
either of the panels considering the
implementation of the National Health
Insurance initiative.
Dr Forbes, who is the president of
the Grand Bahama Medical and Dental
Association, said no practicing physi-
cian in Grand Bahama was approached
to give initial input on the plan, and
none of his colleagues were asked to
serve on the NHI Blue Ribbon Com-
mission or the Steering Committee.
"We need to address the issue as to
why Grand Bahama has been consis-
tently overlooked, despite the fact that
we are the nation's second city, and
have the largest settlement in the
Bahamas, Eight Mile Rock," said Dr
Forbes.
"Over the last several years, we have


heard a lot of talk about the proposed
NHI, but to dale, unlike our colleagues
in Nassau we have had little or no expo-
sure to the proposed plan," he said.
"To make matters worse, to the best
of our knowledge, no practicing physi-
cian in Grand Bahama was approached
to provide input, and we were not given
any progress reports."
Minister of Health and National
Insurance Dr Bernard Nottage, chair-
man of the Blue Ribbon Commission
Dr Perry Gomez, and NHI project man-
ager Dr Stanley Lalta met last week
with representatives of the health sector
on Grand Bahama to discuss the pro-
posed implementation of the NHI.
Dr Forbes stressed that although Nas-
sau is the capital and has the largest
population and as such should be giv-
en the majority of attention this does
not mean that the rest of the Bahamas
should be excluded.
He noted that although there is no
national medical association, the local
organisation in Nassau carries the name


* MINISTER of Health and National Insurance Dr Bernard Nottage (left)
meeting Grand Bahama Medical and Dental Association president Dr Winston
Forbes during a visit last Thursday. Also pictured are Public Hospital Authority
managing director Herbert Brown (right) and Grand Bahama hospital adminis-
trator Sharon Williams.


"Medical Association of the Bahamas
(MAB)".
"It seems impractical to expect for
the MAB to establish policies on a
national level when they are trying to
deal with issues directly affecting Nas-
sau," he said.
Dr Forbes said he believes that it
would be prudent for the Ministry of


Health to assist in the establishment of a
national association, so that people of
the Bahamas can be truly represented.
"We would like to have input on the
Steering Committee and/or technical
advisory team so that we can take part
in the building of a better health care
system for the Bahamas not just Nas-
sau," he said.


* By DENISE MAYCOCK
Tribune Freeport
Reporter
THE Grand Bahama Med-
ical and Dental Association
said it is concerned about
some "basic issues" in the gov-
ernment's National Health
Insurance proposal.
A statement on the plan
issued by association president
Dr Winston Forbes said doc-
tors in Grand Bahama "cur-
rently have difficulties visual-
ising how the proposed com-
prehensive national health
plan as currently laid out
would work."
"When looking at the pro-
posed list of health care ser-
vices that will be covered
under NHI," Dr Forbes said,
the association has "a difficult
time seeing how it could be
implemented cost effectively,
while providing care to all res-
idents of Bahamas."
For example, he pointed
out, if a patient from Grand
Bahama or another Family
Island needs to see a specialist,
but does not need urgent
treatment, there seems to be
no provision for travel costs.
"If 5.3 per cent of every-
one's wages is going to NHI, is
it fair that someone living in
Nassau, paying the same
amount, could jump in their
car and have access to a spe-
cialist, while someone living
outside of Nassau may have
to pay for a plane ticket, pos-


sibly hotel accommodation,
take time off from work, and
may also need to accompanied
by a relative?" he asked.
He also noted that the gov-
ernment's estimation of the
cost of providing comprehen-
sive services appears to have
been calculated mainly on.the
price of services offered by
public health care.
Dr Forbes pointed out that
some of the services not cur-
rently provided by public
health must be included in the
scheme if it is to provide opti-
mal care.
He pointed out that once
funds begin being deducted
from the salaries of members
of the public, they will not only
feel entitled to the best care,
but will demand it. As a result,
he said, the utilisation of
health care will increase expo-
nentially.
"It is likely that once NHI is
instituted and employers are
required to pay half of the
contribution for their employ-
ees, the employer will drop
any private insurance present-
ly offered. As a result, the
amount of people depending
on the public health care will
increase significantly," he
added.
Dr Forbes said he believes
that these developments
would lead to significant
delays in the provision of
health care, as well as a limi-
tation of quality service that
is offered.


Doctors on


Grand Bahama


concerned about


'basic issues'


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Share your news
The Tribune wants to hear
from people who are
making news in their
neighborhoods. 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.


I






THE TRIBUNE-.
A"^~


PAGE 8, WEDNESDAY, APRIL 12, 2006


The new UN human rights council




and the online campaign by the US


THE American embassy
is dabbling in a little
public e-diplomacy these days.
Last week they scheduled the
first ever digital video confer-
ence between Nassau and
Washington. Mark Lagon, the
State Department's point man
for United Nations affairs,
spoke with local reporters and
college lecturers about human
rights.
Reform of the UN has been a
key goal of recent US adminis-
trations. Washington, which
provides almost a quarter of the
UN's $10 billion annual budget
(versus the Bahamas' 0.013 per
cent) says the 60-year-old
organisation must "reform or
die".
And there's no doubt as


Lagon acknowledged that the
UN benefits developing coun-
tries more than rich ones. So it
is in the interest of most states
to keep the world body effective
in dealing with important issues
like peacekeeping, human
rights, humanitarian aid and
economic growth.
According to Lagon, reform
of the UN's human rights sys-
tem is a top priority for the US:
"We wanted a more credible
body, with higher standards for
membership. One that is less
subject to the whims of the
world's worst dictatorships."
The goal was to scrap the
"discredited" 53-member
Human Rights Commission and
replace it with a smaller body
whose members would be elect-
ed by a super majority in the


General Assembly. And coun-
tries subject to human rights-
related sanctions would be
barred from membership.
But just last month, the US
voted against the new Human
Rights Council, arguing that the
reforms did not go far enough.
As it stands now, any UN mem-
ber can be elected for a two-
year term to the new 47-seat
council by a simple majority
vote. The first election is set for
May 9, and the council's first
meeting will be on June 19.
"We voted against the coun-
cil, but we have agreed to work
with it," Lagon said during the
video conference. "It was a
squandered opportunity for a
definitive improvement in the
UN's human rights system."

The original Human
Rights Commission
was set up in 1946 to codify poli-
cies based on the Universal
SDeclaration of Human Rights.
That document offered a shared
vision of a more equitable and
just world following the horrors
of the Second World War.
A committee led by Eleanor
Roosevelt widow of the
wartime US president and
including authors from differ-
ent regions, spent two years
producing a brief text that
incorporated values from the
world's main legal systems and
religious traditions. It was the
first time in history that a docu-
ment had been imbued with
universal validity.
In later years the commission
was more involved with trying
to implement human rights
standards by reporting on vio-
lations. But its membership


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P A RA DIS E ISLAND


always included countries that
were chronic violators of human
rights themselves, and that
worked against the commis-
sion's goals.
For example, Libya was elect-
ed to chair the commission in.
2003. And the following year,
the US walked out following
the uncontested election of
Sudan to the commission, call-
ing it an "absurdity" in the face
of that country's problems with



Non-govern-
mental organi-
sations like
Human Rights
Watch and
Amnesty Inter-
national sup-
port the new
council as a
reasonable
compromise.


ethnic cleansing in the Darfur
region.
At a special conference in
Austria more than a decade
ago, the UN began reformulat-
ing its human rights agenda. At
the urging of the US and others,
a High Commissioner on
Human Rights was created to
spearhead activities through-
out the UN system. This was an
early attempt to give more
direction to human rights
efforts.

A according to John
Pace, who was secre-
tary to the commission for the'
past 16 years, the UN's human
rights approach has always com-
bined "genuine concern for the
dignity of the individual on one
hand, and a cynical involvement
inspired by misplaced consid-
erations of sovereignty on the
other..
"It is a historical fact that no
state, is innocent of serious
human rights problems from
time to time in its history. That
is precisely why international
standards have been established
and why institutions for their
implementation have been
devised. After all, these stan-
dards were themselves drafted
by a commission that included
the worst human rights viola-
tors of the time."
He argues that it is wrong to
describe the commission as a
failed institution, and equally
wrong to create a human rights
"elite'" that would watch over
"violators".
But Lagon pointed out that
the old commission met once a
year for "six weeks of theatre".
He said the US wanted a full-
time council that would active-


ly promote human rights and
condemn repressive govern-
ments: "The international com-
munity should be able to speak
out in the worst cases and pre-
vent backsliding."
Non-governmental organisa-
tions like Human Rights Watch
and Amnesty International sup-
port the new council as a rea-
sonable compromise. Analysts
say that because the council is
an organ of the General Assem-
bly there is now a tacit acknowl-
edgment that violations of
human rights are directly linked
to international peace and secu-
rity.

Former President Jimmy
Carter and five other
Nobel Peace Prize laureates
have issued a public statement
calling the new council a "sig-
nificant and meaningful
improvement that creates new
expectations that members will
uphold the highest standards in
the promotion and protection
of human rights, fully cooperate
with the council, and undergo
additional scrutiny through a
peer review. Most significantly,
a member that commits gross
and systematic violations of
htman rights can be suspend-
ed from the body."
But the Bush administration
thinks it is a weak compromise
and says the US won't seek
membership. Last week's
embassy video conference was
part of a US campaign to ensure
that chronic rights violators like
Cuba, Syria, Sudan, Burma and
Zimbabwe are not elected to
the new council next month.
"Caribbean nations offer
democratic models and can play
a substantial role on the coun-
cil," he said. "We think it won't



Critics of US
policy have
cited detention
practices at
Guantanamo
Bay (which a
UN study
denounced last
year) as
evidence of
American dou-
ble standards
on human
rights.



be much different from its pre-
decessor except for the sched-
ule. We hope countries like the
Bahamas will get involved and
prove us wrong."
But he was adamant that the
Cuban government should not
be accorded the legitimacy and
respect that election to the
human rights.council would
confer.
"The US will not be pleased
if others won't work with us for
a democratic transition in Cuba.


And it is important how the
Bahamas would vote if Cuba
tried to get on the Human
Rights Council. Don't do it just
because we tell you, but think
about it."

Critics of US policy have
cited detention prac-
tices at Guantanamo Bay'
(which a UN study denounced
last year) as evidence of Amer-
ican double standards on
human rights. The US base at
the southern tip of Cuba has
been used to hold 700 "danger-
ous terrorists" screened from
among 10,000 fighters captured
during the Afghan war that fol-
lowed 9/11.
They are detained as "enemy
combatants", but American
officials say the International
Red Cross has full access and
meets with every detainee reg-
ularly, while thousands of jour-
nalists and legislators have also
been allowed to visit the camp.
Hundreds of detainees have
been released or transferred
(and more than a dozen have
since been recaptured for
engaging in terrorist activities).
"We want to be as transpar-
ent as possible and it is appro-
priate for questions to be asked
about the human rights policy
of any nation as well as its treat-
ment of prisoners," Lagon said.
"Our Supreme Court is grap-
pling with these issues openly
right now, but shouldn't this
belong in the category of taie
law of war?
Others have pointed to the
egregious abuse of Iraqi pris-
oners by American personnel
at the infamous Abu Ghraiib
prison camp in Baghdad. T.e
SUS government has stated tiat
it does not authorise interroga;
tions involving cruel, inhuman
or degrading treatment; an'
recent legislation passed by
Congress has codified that p6[-
icy. .
"These are crimes and i6'ji-
tions of the policies of the Lnit-
ed States,.and the US has vig-
orous investigated, prosecuted
and taken action against thlqe
responsible," officials say.
"More than 100 US service
members have been heJd
accountable. The military chaiu
of command immediately
launched an investigation
before this matter ever became
public." ,

S his points up the
authentic difference
between the world's democa-
cies and those unaccountable
regimes that are the most sys-
tematic abusers of human rights
and that often threaten the
security of neighboring states.
Critics of American "excep-
tionalism" claim the US uses
human rights as a justification
for intervention. But clearly,
human dignity requires the right
to life, liberty and security. Aind
as the Universal Declaration
says: "Everyone is entitled to, a
social and international ordor
in which (these) rights and fre-
doms can be fully realized.''
A strong civil society and
independent media are essen-
tial to achieve these conditions.
As Lagon said: "We want to
help the UN live up to its
founding principles more satis-
factorily. Freedom is universal
and should not be seen as a cul-
tural export of the US."

he State Department is
resorting to more pub-
lic e-diplomacy activities like
the Lagon video conference as a
way to maximise its budget.
And the speakers are not limit-
ed to those who express official
points of view, we are told. ''"
More than 400 video confer-
ences were held around the
world last year. They featute'd
American academics, goveyn-
ment officials, authors and oth-
ers on topics like democracy,
human rights, press freedoms,
environmental protection, arid
HIV/AIDS.
"Now that we have video
conferencing capability, we will
put together a series of prb-
grammes for Bahamian media
and civil society," an embassy
spokesman told Tough CQall.
"Suggestions are welcome." '
The next video conference
will focus on World Press Free-
dom Day May 3 undertfie
theme "media and good goydr-
nance." ',


What do you think? Send
comments to larry@tribuneme-
dia.net Or visit www.bahaia-
pundit.com ,


BAY STREET T


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THE TRIBUNE WDEA, APRIL 12 2006,PAGE9LOCALNEWS


US Ambassador makes visit to school


.IRA


j';
n~~8$
.4


* PRINCIPAL Mrs Audrey R Farrington and Ambassador
Rood listen attentively to the students as they wave books in
the air and sing thq school's song: "Centerville Will Read"


STUDENTS at Centerville Primary
School welcomed U S Ambassador John
Rood at a special assembly held at the
school on March 29.
The visit was part of Mr Rood's ongoing
reading initiative that aims to promote lit-
eracy and reading.


* STUDENTS gathered around Ambassador Rood as they
assist him in reading. From left: Ricky Clairveaux; Sheryl Stra-
chan; Dominic Brice; Ambassador Rood; Anycia Gyan; Prisca
Murray and Celena Colebrooke.


The 45-minute programme, exclusively
conducted by the students, showcased a
rich blend of talent, which included song,
music and dramatic presentation.
Mr Rood spoke briefly about his role as
US Ambassador and the work of the
Embassy in the Bahamas.


HIe rad his Iavorite book about Dr Mar-
tin Luther lKing, Jr and highlighted the
importance of literacy and reading.
Ambassador' Rood commended the
school for its fine efforts in making literacy
a priority, and donated a variety of books
for 1hc reading pleasure of the students.


Signs of the times:








our environs


T HERE was a time
S when the sheer beauty
o'f the Nassau harbourfront
riade us feel alive. Seagrapes
a eainst the brilliant blue of
wAter. Bougainvillea against the
ifidescence of a clean winter
sky.
:Sometimes the beauty was so
gtpnning it would overwhelm
iS. Nature gave us so much. But
iriture was no match for mod-
erp advertising.
"Today,.signs stapled to trees,
1aistered'tb poles dangling
frbm buildings. grduing from
walls to destroy our view. They
dfmpen our spirit, arouse our
rage and yet we do nothing.
'Paging companies, bouncy
castles, low cost electricians,
rmpanies that supply genera-
tqrs, fragrances, mobile uphol-
tei-y, instructions for BJCs or
BbCSEs thrust their message
at us.
And no one cares. Or those
who do, do so in silence.
""Need your house paint?"
No, I need you, we need you to
ta'ke down your sign and
promise never to put one up
Aain unless it is legal. "Wishing
'you a happy holiday." In Feb-
ruary?
Signs scattered, glowering
with us, towering above us, do
"n6t just interfere with view or
rob us of our right to beauty
and tranquillity. Without our
permission, they take us for
prospective customers.
Give me a noncommercial
moment when no flashing
oiline offer tries to wrest my
credit card from my wallet, no
unwanted solicitation crosses
my desk, no joneser who is
younger, more muscular than I
am hassles me for money that
he could be earning.
The problem with signs is that
we have no choice but to look at
them. We cannot drive by with
our eyes closed to block out the
offence. They are like the pop-
ups on the Internet that won't
go away.
We cannot turn signs on
trees, poles and sidewalks off
'like we can turn off a radio sta-
tion. And those who advertise
on radio pay for it. They under-


Shave
you's


The Tribune wants to hear
from people who are
making news in their
-heighbourhoods. 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
rand share your story.


IN


M


VIEW


D IANE P H I L LI


stand the principles of doing
business lawfully.
Others who pollute our envi-
ronment with unlicensed signage
have us at their mercy. We are
at the mercy of those who do
not care that stapling and nailing
up signs can kill trees by making


P S


them vulnerable to disease.
The messages that garish sig-
nage delivers is this: that those
persons and companies who fos-
ter the practice do not care what
their country looks like.
They have no Bahamian
Pride. They don't caire \ what


Bethel Brothers Morticians
Telephone: 322-4433, 326-7030
Nassau Street, P.O.Box N-1026



Levoin "Bowe"
SStuart, age 78

of Warren Street, Oakes Field
will be held on Thursday
"11:00 a.m. at Transfiguration
Baptist Church, Market and
Vesey Streets. Rev. Dr.
Stephen Thompson assisted
by Rev. Basil Johnson and
Rev. Cyril Sands will officiate.
Interment will be made
Woodlawn Gardens, Soldier Road.

He is survived by a number of children including, Charles,
Derrick, Carmmatta, Yvette, Patrice, Christopher, Michael
and John Stuart; Renee Mott; Pastor Colamae Griffith:
Evelyn Smith, Joanne Stuart, Theadora Edgecombe, Shawn
and Donnie Stuart; Lavette, Lavon and Lashan Stuart;
Betty Miller; Angeia Stuart; Yazmin and Shacantila Brown;
and Curtis Gould; four sisters, Jane Guice, Bloniva Pratt,
Hyacinth Jones and Jackie Stuart all of Miami, Florida:
two brothers, Rodney and Gary Stuart both of Miami.
Florida; numerous grandchildren including, Derval Miller;
Shakera Roker-Dotch of Kennesaw, Georgia, Shannon
and Shanquel Roker; Charlae, Imani and Christon Stuart;
Dennis, Jr. and Danae Mott; Michaella, Brickell, Michelle,
Michael Jr., Valentino, Raynor, Micholette, Aaron, M ikeno
and Javon Stuart; Dejon Bowleg; Shantel Wrighl Li.,i
Warren of Minnesota; Anson Stuart and Raquel Robinson
of Miami, Florida; Charles, Jr., Charlton and Javan Stuarl(
Malinda Williams of Sandy Point, Abaco; Lisa. Vancssa
and Derrick Stuart, Jr.; Subreon and Mauricio Symonettc.
Roger, Jr. and Rickanta Smith; Kenzzitte Munnings:
Nahshon Jr., Nahtheo and Nahthea Edgecombe: Shoinlel,
Kemuel and Donnae Stuart; Elvis Jr., Kenny, Marvin.
Brian and Adrian Griffith; Shyniyah Stuart; Ricardo.
Kenrick, Pedro and Joy Miller; Rochelle Miller-Foulkes:;
Samara, Kalisa, Portia, Patrice and Curtis Gould Jr.; Ebony
and Donovan Gray; Michael Adderley, Jr.; and Sara
Williams, and numerous other friends and relatives
including, Preston Stuart of Freeport and Allan Stuart and
Precious Pratt.

Friends may pay their last respects at Bethel Brothers
Morticians #44 Nassau Street on Wednesday from 0:()00
a.m. to 6:00 p.m. and on Thursday at the church from
10:00 a.m. until service time.

In lieu of flowers, donations may be sent to the Bahamas
Heart Association or the Cancer Society of the Bahamias.


lHailiiians feel and they do not
care that tourists think Nassau is
"ijnky", dirty, or full of litter.
I may have to unwittingly
view your sign, but I will never
lbuy your product, and I hope
others, including those who
have the ability to enforce the
law, are listening.
Nature gave us the beauty.
Why did we sit by and watch
while modern advertising grad-
ually stole it away? When did
we lose our self-respect?
How do we get it back?"


244 Market Street P.O. Box EE-16634
Tel: 322-2070 or 322-2072


Ruth Mable
Smith Rolle
aged 68 years

of Cowpen Road, will
be held on Thursday,
April 13th, 2006 at
9:30a.m. at the
Hillview Seventh Day
Adventist Church,
Tonique Williams-


Darling Highway.
Officiating will be Pastor Peter Joseph, assisted
by Elder Alston Rolle. Interment will follow in
the Southern Cemetery, Cowpen & Spikenard
Roads.

Left to cherish her memories is her Only Child:
Sharon Rolle-Delancey; (1) Grandson: Dennis
Delancy Sr; (2) Great grand sons: Hugo Bethel
& Dennis Delancy Jr. (1) Son-in-law: Samuel
Delancy; 4 sisters: Mrs. Miriam Shell of
Bradenton Florida, Mrs. Hyacinth Rolle, Mrs.
Inez Evans & Mrs. Naomi Alexandre; (4)
Brothers Mr. Hartley Smith, Mr. John Vernal
Elliot, Mr. Joseph Chase & Mr. Leonard Chase;
(4) Brothers-in-law: Mr. Rudolph McSweeney
Sr., Livingston Rolle, Wendell Evans & Derilien
Alexandre; (5) Sisters-in-law: Mrs. Maisie Smith,
Mrs. Majorie Smith, Mrs. Bloneva Smith,
Cordella Chase & Terecita Chase. Numerous
Neices and Nephews including: Mrs. Kolamae
McSweeney-Pedican, Mrs. Theresa
McSweeney- Mackey, Mrs. Cecilia McSweeney-
Saunders, Mr. Andrew and Francis McSweeney,
Dr. John Carey, Misette and Arlington Macintosh
of Andros and Mrs. Ernestine Ward. Other
friends and relatives including Mabel Gardiner,
Dorothy Lunn, Vernice Hepburn, The Toote
Family, The Kemp family of Hope Town Abaco,
The Wilson and Archer Families.

Viewing will be held on Wednesday, April 12th
from 12:00 noon to 5:00pm and on Thursday,
April 13th from 8:45 am at the church until
service time.


8 L-coil


.,,ColinaImperial


Insurance Ltd.


Ifyou are: thorough, customer-focused, team-oriented, enthusiastic, and have a
passion for excellence, we want to meet you!



Underwriter



Position Summary


U underwriting applications for Individual Life Coverage.


Job Requirements
* .Excellent reading, writing and communication sldlls
* Excellent interpersonal skills
* Good numeric and computer skills
* Associate Degree minimum or equivalent
* Insurance Underwriting Courses in FALU or LOMA
* 3 years Undenvrwring experience


Responsibilities Include


Complete risk assessment of Life Insurance policies within
an authority limit.
1aise with Reinsurance companies.



Compensation will be commensurate with experience and qualifications.
Please submit your resume to our Corporate Headquarters, attention:
Vice President, Human Resources,
or submit via email using the subject line: "Underwriter"
to
Careers@Colinalmperial.com
Deadline for all submissions: Thursday, April 20th, 2006.



Cc.linairilperni is 100 Bahamian-owned and offers excellent employee benefits including
share ownership and career development opportunities.


WEDNESDAY, APRIL 12, 2006, PAGE 9


I I
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THE TRIBUNE


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THE TRIBUNE


PAGE 10, WEDNESDAY, APRIL 12, 2006


APRIL 12, 2006


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

Great Romances Jean-Michel Cousteau: Ocean Ad- Rx for Survival: The Heroes Highlights from "Rx for Survival: A Global
B WPBT of the 20th Cen- ventures The sea inhabitants of the Health Challenge" include doctors and volunteers who help save lives
tury Hawaiian coral reefs. (N) across the globe. (N) A (CC)
The Insider (N) The Amazing Race 9 "Herculean Criminal Minds "Machismo" A serial CSI: NY The investigation into the
* WFOR n (CC) Effort for Some Herculean Dudes" killer preys on the elderly. (N) a murder of a would-be superhero
S(N) n(CC) (CC)leads to drugs. (N) n (CC)
Access Holly- Deal or No Deal Miss USA competi- Heist"How Billy Got His Groove Law & Order "Family Friend" An of-
O WTVJ wood (N) (CC) tors carry the briefcases as contest- Back" Billy and Tyrese corner Ricky ficer exacts revenge upon his
ants try to win money. (N) and give him an ultimatum, friend's alleged killer. A (CC)
Deco Drive The Loop Sam American Idol One of the finalists (:32) News (CC)
O WSVN reconnects with is eliminated. (Live) (CC) Unanimous (N)
Jolie. (CC) _(CC)
Jeopardy! (N) George Lopez Miami Heat Lost "S.O.S." Rose opposes (:01) The Evidence "Five Little Indi-
G WPLG (CC) Angle takes a Playoff Tipoff Bernard's plan to create an SOS ans Friends celebrating their sobri-
pregnancy test. Special signal. (N) T (CC) ety together are murdered.

(:00) Crossin Dog the Bounty Dog the Bounty Star Wars: Empire of Dreams The trilogy becomes a cultural phenome-
A& E Jordan "Intruded" Hunter Father-in- Hunter "Son of non and changes movie-making. (CC)
n (CC) law visits. Dog" (CC)
Hardtalk BBC News World Business BBC News Fast Track BBCNews Asia Today
BBCI (Latenight). Report (Latenight). (Latenight).
Access Granted The Parkers n The Parkers A The Parkers The Parkers n Comicview (CC)
BET (N) (cc) (CC) (CC) (CC)
S Coronation Hockeyville (N) (CC) CBC News: the fifth estate (CC) CBC News: The National (CC)
CBC Street (N) (CC)
: 00) On the The Apprentice "It's More Than Mad Money The Big Idea With Donny Deutsch
CNBC Noney Decor" n (CC)
S (:00) The Situa- Paula Zahn Now (CC) Larry King Live (CC) Anderson Cooper 360 (CC)
CNN tion Room
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COM (2002) Devon With Jon Stew- port (CC) ShowWayne "Summer Sucks" (CC) Peter Boyle. (N)
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wood Story n (CC) _Interns n Interns nf
ESP NBA Shoot- NBA Basketball Cleveland Cavaliers at Detroit Pistons. From the Palace of Auburn Hills in NBA Basketball
ESPN around (Live) Auburn Hills, Mich. (Subject to Blackout) (Live) 1A (CC)
Figure Skating: 2005 World Domino Tournament SportsCenter International Edi- Boxing Wednesday Night Fights.
ESPNI World Champ. lion (Live) (Live)
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EWTN Lady of Christ 'ILord-According to John
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FIT TV Blast (CC) ta" Ship stops. (N) their baby. (CC) to lose weight. n (CC)
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FOX-NI Shepard Smith ISusteren (Live) (CC)
(:00) MLB Baseball Baltimore Orioles at Tampa Bay Devil Rays. From Tropicana Field in St. Best Damn Sports Show Period
FSNFL Petersburg, Fla. (Live) (Live) (CC)
r l Inside the PGA Big Break V: Hawaii Big Break V: All Access (N) 19th Hole (N) The Daly Planet
GOLF Tour (N)
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HALL Texas Ranger Budget cuts threaten the existence' Dorothy McGuire, James MacArthur. A shipwrecked family turns a desert
"Blackout" (CC) of Texas Rangers. (CC) island into a paradise. (CC)
Buy Me "Yvonne Designed to Sell Trading Up Selling Houses Hot Property House Hunters Buy Me "Yvonne
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LIFE David Lipper. A man's wives die under mysterious cir- Campbell. A jury ponders the fate of a celebrity accused of rturder. (CC)
cumstances. (CC)
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TBN ham Classic Scenes (CC) Odds (CC) Presents (CC)
Crusades
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TBS Loves Raymond Loves Raymond Loves Raymond Loves Raymond Loves Raymond "Sex and the Samantha's sex
f (CC) f (CC) f (CC) ft (CC) f (CC) City"(CC) life on tape.
(:00) The Girl A Face for Yulce (CC) The Facemakers Baby who has no Guardian Angels, MD Teen with a
TLC With the X-Ray lower jaw gets experimental sur- torn knee ligament; 2-year-old faces
Eyes (CC) gery; woman's rare condition. open-heart surgery. (N)
(:00) Law & Or- Law & Order "Slaughter" Ameat AVENGER (2006, Suspense) Sam Elliott, Timothy Hutton, James
TNT der "Mother's packer is suspectedin a college ac- Cromwell. A former soldier seeks a Serbian war criminal. (CC)
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TOON Jeff Daniels, Lauren Holly. lures down f1 (CC) (CC) (CC)
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(6:00 Weather: Storm Stories Storm Stories Weather: Evening Edition (CC)
TWC PM Edition (CC) Tornadoes. (CC) Tornado Alley.
(:00) Peregrina Barrera de Amor (N) Alborada (N) Don Francisco Presenta Entrevis-
UNIV (N) tas con celebridades del deported y
el entretenimiento.
(:00) Law & Or- Law & Order: Special Victims Unit Law & Order: Special Victims Unit Law & Order: Special Victims Unit
USA der: Criminal In- Stabler fears Benson will fall victim Atoy mogul is suspected of sexually Detectives track a rapist with a
tent n (CC) to a suspect's ire. n (CC) abusing a child. n (CC) knowledge of forensics. (CC)'
Britney's Secret The Surreal Life "Movin' On In" The The Surreal Life The Surreal Life The Surreal Life Celebrity Eye
VH1 Childhood n cast shares a mansion. (CC) f (CC) (CC) (CC) Candy f
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WGN Funniest Home fights his fear of characters over- ment Tim meets ment f (CC)
Videos n (CC) commitment. f run the office. Jills ex-beau.
S Everybody One Tree Hill Lucas must decide if The Bedford Diaries Details of WB11 News at Ten With Kaity
WPIX Loves Raymond he should play basketball in the Lee's personal life appear in the stu- Tong, Jim Watkins, Sal Marchiano
f (CC) wake of Keith's death. (N) (CC) dent paper: (N) n (CC) & Mr. G (CC)
Jeopardy! (N) America's Next Top Model One Veronica Mars "I Am God" Veronica Dr. Phil f (CC)
WSB K (CC) model loses her temper with one of dreams that students killed in the
her competitors. (N) n (CC) bus crash confront her. n

HARRY POT- Big Love "Affair Nicki becomes The Sopranos Johnny files a peti- ** FEVER PITCH (2005, Ro-
H BO-E TER-PRISONER suspicious of Bill and Barb's behav- tion to attend his daughter's wed- mance-Comedy) Drew Barrymore,
OF AZKABAN ior. f (CC) ding. t (CC) Jimmy Fallon. f 'PG-13' (CC)
(6:15) *** Six Feet Under David and Keith try * SHREK 2 (2004, Adventure) Voices of Mike Making Eliza-
HBO-P DINNER WITH to overcome their problems, but Myers, Eddie Murphy. Animated. A green ogre must beth IA (CC)
FRIENDS (2001) Karla has a secret. n (CC) meet his wife's parents. f 'PG' (CC)


(6:45) All Aboard! Rosie's Family ** HARRY POTTER AND THE PRISONER OF AZKABAN (2004, Fantasy) Daniel
HBO-W Cruise (CC) Radcliffe, Rupert Grint, Emma Watson. The young wizard confronts the fugitive Sirius Black.
n 'PG'(CC)
(B00) UP AT THE VILLA (2000, Drama) Kristin i'i MURDER AT 1600 (1997, Suspense) Wesley Snipes, Diane Lane,
H BO-S Scott Thomas. In 1938, a British widow's life takes an Daniel Benzali. The president's son is implicated in a secretary's death.
unexpected turn. 1 'PG-13'(CC) 0 'R'(CC)
(:15) * TROY (2004, Adventure) Brad Pitt, Eric Bana, Orlando Bloom. Achilles leads *** KINGDOM OF HEAVEN
MAX-E Greek forces in the Trojan War. \ 'R' (CC) (2005, Historical Drama) Orlando
Bloom, Eva Green. n R' (CC)
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ers' budding romance. l 'R (CC) nappers. f 'R' (CC)
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SHOW 1995, Science Fiction) Sylvester Arnold, Method Man. iTV. Passengers and crew party helps Teddy find an assisted-living
tallone. iTV. t 'R' (CC) aboard an airliner. n 'R' (CC) facility. (CC)


TMC


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WEDNESDAY EVENING


(6:25) A IF A CONFESSIONS OF AN AMERICAN GIRL, (2002 W GODSEND (2004, Suspense) Greg innear, Re-
LUCY FELL omedy-Drama) Jena Malone. Famiy members visit becca Romijn-Stamos, Robert De Niro. Ascientais
(1996) 'R' (CC) their incarcerated patriarchl '8 CC) clones a couple's dead son. (I 'PG-1 3' (CC)


I







WEDNESDAY, APRIL 12, 2006, PAGE 11


THE TRIBUNE


#4


Cuba seeks the Bahamas' support in

bid for seat on human rights council


PROM page one


liveg'of the people.
' "The US and its allies only
view, human rights from the
poiit of view of overthrowing
governments they don't like.
"This is a point where Cuba
opposes those countries,
because Cuba's policy on
human rights goes far beyond
trhis-limited concept of human
rights that has been handled'by
the JUS and some of its allies,"
Mr Wilson said.
' He said that what Cuba
waits to do is be able to
express its views on "true
human rights and not the
human rights viewed only by
the US and its allies".
"In Cuba the most important
human right is the right to be
alive, to have education, to
have health care, and to have
all social benefits. Those for
Cuba are the most important
human rights. We are not say-
ing that there are no others, but
those are the most important
human rights. Who can argue
with Cuba that those are not
the most important human
rights," Mr Wilson said.
In fact, he said, imperialism is
the greatest violation of human
rights that exists.
"If we are going to speak
about rights you have to have
rights to do what you feel
appropriate. You can't tell me
that you respect human rights if
you tell me that you want me to
do everything you want," the
ambassador said.
The 47-seat Human Rights
Council will replace the current
53-member Commission on
Human Rights.
The seats will be distributed
among the UN's regional
.groups: three for Africa, 13 for
:Asia, six for Eastern Europe,
:eight for Latin America and the
,Caribbean, and seven for West-
ern Europe and other groups.
Since Cuba has always been a


part of the Human Rights
Commission, Mr Wilson said,
Cuba feels that it has the right
and the duty to be elected to
the newly formed council.
"Cuba can stand up and tell
the Americans and its allies
what they need to be told," he
said.
Cuba has been for many
years a member of the Human
Rights Commission despite the
opposition of some countries,
including the US.
It has been argued by some
critics that the membership of
countries like Cuba on the
Human Rights Commission
delegitimised the body.
The US has said that voting
for countries like Cuba would
not be in keeping with the phi-
losophy behind which countries
should make upi the council.
America's position is that the
council should be comprised of
countries with a genuine com-
mitment human rights.
However, Mr Wilson said
that most countries have sup-
ported Cuba's membership in
the former Human Rights
Commission and that it was the
attempt by the US and other
countries to steei the work of.
the commission based on
"geopolitical" considerations.
This, he said, is what affected
the credibility of the commis-
sion in the first place and made
its replacement necessary.
"The US and some of its
allies totally politicised the
Human Rights commission.
They only wanted the Human
Rights Commission to be work-
ing for their interest and all the
US and some of its allies in
Europe have been doing is
using the human rights issue to
attack counties they don't like,"
Mr Wilson said.
Mr Wilson also criticised as
"hypocritical the way" the US
has been handling human rights
issues at home and abroad.
"No one can ignore that the
northern countries have been


manipulating this human rights
issue. Most of them, they sub-
ject cooperation on human
rights issue to their geo-political
interest. How come the Human
Rights Commission has never
analysed what is going on in
Guantanamo Bay? They don't
have the moral to make judg-
ments on human rights. The
bombing in Iraq how many
thousands of Iraq civilians have
died?"
On March 15 the General
Assembly voted in favour of
creating the new human rights
body, with the resolution
receiving approval from 170
members of the 191-nation
Assembly.
Only the United States, the
Marshall Islands, Palau, and
Israel voted against the Coun-
cil's creation.
Belarus, Iran and Venezuela
abstained from the vote, and a
further seven countries Central
African Republic, DPR Korea,
Equatorial Guinea, Georgia,
Kiribati, Liberia and Nauru
were absent from the session.
The US was disappointed
that approval was given.
The US felt that there were
some things that were not
strong enough, in particular the
:protections to prevent some of
the worst dictatorships in the
world from getting on the
body. ,
However, Mr Wilson said
that the US sought to frame the
human rights council the way
it wanted and even though the
council is not "100 per cent the
way Cuba would wish" there is
a need to participate fully in
the body.
"Now they are in a difficult
position because they voted
against it and the UN is going
to set up this body. They are
not even offering a candidacy
because they know that the
world is against the way the US
is trying to manipulate this
human rights issue," Mr Wil-
son said.


FROM page one


children bring home. particularly when it is some-
thing of %alue.
In those incidents, he said. parents need to
speak with their children and determine exactly
ho\ the% got the items.
"N ou need to monitor \our kids acti\ ties. The
number of kids not going to school or leaving
school during the day) to commit crimes, is too


high," he said.
He added that homeowners need to ensure
that they secure their properties. Often. he said.
persons place burglar bars on all the windows
except the bathroom which then serves as a means
of entry.
He also encouraged the use of home security
systems. Mr Carey noted that neighbourhood
crime watches and community police presence
can also deter crime.


SJANIES CAREY, Chief Superintendent for New Providence. said persons often place burglar
bars on all the windows in their home except for the bathroom which then serves as a means of enry
(Photo: Felipd Major/Tribune staff)



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If so. call us on 322-1986
and share your story.


RISTORANTE


LUCIANO'S


OF CHICAGO


Easter Brunch
Sunday, April 16th 2006
S1:30am 3:30pm

Appetizer Station


Smoked Fish Tomato & Buffalo Mozzarella Caesar Salad
Peasant Salad Chopped Ronia Salad Portabello Mushtwirns
Smoked Salmon Eggs Benedict Conch Cakes -' Rosa Sauce
lialian Sauage & Sweet Roasted Peppers Antipsti Plarter

Al la Carte Entrie Choices
From S30
Prices Include Appetitrs and Deserts
Linguine wl Broccoli & Shrimp
Stuffed Roast Leg of Lamb
Clay Pot Chicken
Stif& Turf
Veal Parmigiana
Pepper Crusted Salnwn
Lobster Diavolo wi Linguine

Dessert Station
Assorted Fruit Pastries* Apple Strudel
Chocolate Rum Raisin Bread Pudding
Bahamian Guava Duff Tiramisu
Cappuccino Clieesecake
Triple Celebration Chocolate Cake
Fresh Fruit & Cheese Platter

()verloolnQi Beautiful Nassau Harbour. East Bay Street


For Reervations Please Cal ',
For Reservations Please CalL ,,:


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Amigo the potcake



star gets attention




from Hollywood
5fT,4


POTCAKE star Amigo is
fast becoming a Hollywood
Star. He and his "human",
Frances Singer-Hayward
were recently given the Hol-
lywood Life Breakthrough
Award for their humanitarian
work towards animal welfare.
The award, presented by
film star Alicia Silverstone at
a ceremony which took place
at the Henry Fonda Theatre
in Hollywood, hosted by
comedian Eddie Griffen, can
be seen on Showtime chan-
nel this Easter weekend.
Leading the applause were
Harrison Ford, Oscar nomi-
nee "Desperate Houswife"
star Felicity Huffman,


"Crash" star Terrance
Howard, Jeremy Piven, Mol-
lie Sims and scores of other
famous Hollywood names. A
special two-page spread about
Amigo appears in the Spring
issue of Hollywood Life mag-
azine.
Frances Singer-Hayward,
in her acceptance speech on
behalf of Amigo, spoke about
the tragic state he was in
when she picked him up and
expressed her wish that the
lives of all homeless and dis-
placed animals could turn out
in such a wonderful way.
Amigo is becoming quite
the celebrity, as he tours the
United States as the rep for


the Humane Society of the
United States BEKIND
Campaign. The "cause col-
lars" for dogs and matching
wristbands for their owners,
for which he is the model and
inspiration, were in the Oscar
Awards gift bags, taken home
by every celebrity attending
the event.
Amigo recently starred in
the New Orleans Mardi Gras
Parade as King of Barkus. A
dog walk in his honour is
being planned this summer in
Hollywood,, along with a spe-
cial BEKIND Day. His mis-
sion, however, as the "pot-
cake who made good", is to
make the world a better place


for all potcakes around the
world by raising awareness
for the desperate need for
caring about our animals.
Showtime airings of The
Hollywood Life Break-
through Awards featuring
Amigo are: Thursday, 13th
April 7-8pm, Sunday, 16th
April 6.30-7.30pm, and Mon-
day, 17th. April noon to 1pm.
* FRANCES Singer-Hayward
accepts the Hollywood Life
Breakthrough Award on
behalf of Amigo. Pictured
with Frances Singer-Hayward
are Amigo, Alicia Silverstone,
Eddie Grifffen and trainer
William Grimmer.


..............................................................................................................................................................................................Ve n e z u e la ma r k s c o u p a n n iv e r s a r y it hw an g o f n e w p l ot......................................................................................................................................................................
Venezuela marks coup anniversary with warning of new plot


* VENEZUELA
Caracas
VENEZUELA unveiled a
monument Tuesday to people
killed in clashes leading up to a
2002 coup against President
Hugo Chavez a short-lived
revolt that he insists had US
backing and that underlies his
increasingly hostile relations
with Washington, according to
Associated Press.
The US government's swift
recognition of interim leaders
who briefly forced out Chavez
on April 12,2002, has left deep
suspicions in Venezuela ever
since huge street protests swept
the president back to power two
days later.
Vice President Jose Vicente
Rangel said at the dedication
ceremony that Venezuelans had
to be on guard against new
threats, reiterating the accusa-
tions that the, US Embassy was
deeply involved in the 2002


coup. Washington has denied
any involvement.
"The lesson that we've
learned is to always be alert,
vigilant," Rangel said as a red
sheet was swept aside to reveal
a black monolith depicting
women shielding themselves
with their hands.
The monument was erected
atop a Caracas overpass where
four years ago gunfire rang out
in the hours before the coup,
killing both government sup-
porters and opponents. The vio-
lence broke out during an oppo-
sition demonstration on' April
11, 2002, and by the time the
coup was over, 19 people were
dead and some 300 wounded.
"They were all Venezuelans
that fell from one side or anoth-
er, and those that provoked
those deaths will be held
responsible by history," Rangel
said.
While denying any role in the
brief coup, US officials main-


tain the Chavez government has
undermined democratic princi-
ples and poses' a threat to the
region.
In a renewed sign of bad rela-
tions, Chavez on Sunday threat-
ened to expel US Ambassador
William Brownfield, accusing
him of meddling in the coun-
try's internal affairs and trying
to spark confrontations with
pro-government protesters.
Chavez has accused Brown-
field and other US officials of
working behind-the-scenes to
try to destabilise his govern-
ment since he overcame the
coup in 2002.
However, with presidential
elections coming in December,
there's little to indicate Chavez
faces any comparable threat.
His government has complete
control of congress, public sup-
port remains solid and the
opposition is in disarray.
Yet signs of discontent have
also emerged. Some Chavez


supporters have criticised the
leader for using the nation's oil
wealth to build alliances abroad
while the nation remains mired
in poverty. A spate of violent
crimes sparked days of protests
in Caracas last week, drawing
voices from across the social
spectrum.
David Mares, a political sci-
ence professor at the Universi-
ty of California at San Diego,


said Chavez's most serious
threat c, uld come from his own
supporters.
"People marched in the
streets after the coup because
he promised something," Mares
said. "He's got; a lot more that
he has to give to; his constituen-
cy."
The 2002 coup was carried
out by dissident generals who
arrested Chavez early on April


12 and claimed he resigned,
while an interim government
tossed out the constitution and
dissolved congress. But within.
48 hours the rebellion unrav-
eled as loyalists in the military
brought Chavez back to power
amid massive protests by sup-
porters.
Several suspects remain in jail
for the killings during the coup.
None has been convicted.


r P ,",.' I -'-i'I a: .




Get Your School or Community Project Endorsed by My

I, Rnhnmnru Bahamas, e-mail details to mybahamas@bahamas.com


Joined a My Bahamas initiative lately? Tell us about it. mniK
testimonial and photos to mybahamas@bahamas.com


4 .


- ..


THTRIBUNE


PAGE 12, WEDNESDAY, APRIL 12, 2006







a ie


WEDNESDAY, APRIL 12, 2006


SECTION


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


HELPING YOU CREATE AND MANAGE WEALTH

NASSAU OFFICE
Tel: (242) 356-7764

FREEPORT OFFICE
Tel: (242)*351-3010


Report: Suisse Securi


S


creditors face 'much loss'


epositors and credi-
tors of Mohammed
Harajchi's Suisse
Security Bank &
Trust have suffered
"much loss" due to several protracted
court cases and the five years that
have passed since its licence was
revoked in 2001, the bank's provi-
sional liquidator has warned.
In his fourth report to the Supreme
Court, Raymond Winder revealed
that a Court Order compelling Suisse
Security's shareholders, management
and staff to cooperate with him, par-
ticularly on handing over more than
$17 million in assets held by two affil-
iated International Business Compa-
nies (IBCs), was set aside around two
months later after a challenge from
the bank's directors.
And prior to that, Mr Winder said
his petition to have "specific named
managers, staff, shareholders, direc-
tors and attorney" of Suisse Security
imprisoned at Fox Hill for allegedly


obstructing and interfering with his
duties also came to nothing.
He explained that he filed an affi-
davit in support of his petition on
October 11, 2001, and a date for the
court hearing was set. However, that
date was "vacated" by the court
before the hearing.
Mr Winder cited in his report,
which covered the period August 1,
2002, to December 30, 2005, the "for-
midable obstruction and interference"
he had encountered from Suisse Secu-
rity's management, directors, employ-
ees, shareholders and attorney as hav-
ing caused "much loss" for creditors
and depositors.
Mr Winder's report was filed before
the March 2006 Privy Council ruling,
which backed the decision by former
Central Bank governor Julian Francis
to revoke Suisse Security's banking
licence. 0
The ruling paves the' way for the
Central Bank to petition the Supreme
Court to finally wind-up Suisse Secu-


* RAYMOND WINDER


rity, and have Mr Winder appointed
as full liquidator with the power to
eventually distribute recovered assets
to creditors.
Mr Winder said in his report that


his main concern was that some $17.7
million in Suisse Security's assets,
*once held by two affiliated IBCs,
Suisse Security Investments and
Suisse Security Holdings, remained
outside his control. The former had
held $5.54 million with the former
Barclays Bank in Nassau, the remain-
der lying with Suisse Security Hold-
ings' Geneva account.
"The matter of gravest concern to
me is that a large part of the bank's
assets remain under the control of
the management, directors and share-
holders of the bank," Mr Winder said.
"Although I have sought to protect
these assets, it is clear that further
steps must be taken to trace, safe-
guard and recover them. Again, it is
clear that such steps cannot await the
determination of the Appeal before
the Privy Council."
Yet that is exactly what Mr Winder
has had to wait for, despite constant
pleas to the Bahamian courts for
orders to compel Suisse Security staff


to file an accounting of funds once
held by the two IBCs.
"Despite my numerous requests for
cooperation, the bank's employees,
management, shareholders, attorney
and directors have refused to com-
ply," Mr Winder said.
"To date, this lack of cooperation
and the blatant disregard for the
Orders of the Court, namely the
Order of my appointment and the
Restraining Order, has resulted in me
not being able to obtain information
on the Suisse Security Investments
and Suisse Security Holdings accounts
and, more importantly, to gain control
of the cash balances once held at Bar-
clays Nassau and UBS Geneva in the
name of Suisse Security Investments
and Suisse Security Holdings, respec-
tively.
"Further, as long as these funds
remain under the control of manage-

SEE page 5B


7mlAGs P ffin^"requesteu





THE Attorney General's Office has requested informa-
i'tion on nmo-_ i,.in 1)n) accounts held by the former Suisse
S.cLurir) Bank 6& Trust, which is no\\ set to be ivound-ip
after losing its linal appeal aig.unt its licence revocation.
SThe fourth report'to the Supreme Court by Raymond
Winder, the bank's provisional liquidator, revealed that the
orders from the Attorney General's Office had been received
between August 29, 2003, and February 3, 2005.
The orders were made under the Criminal Justice Interna-
tional Cooperation Act 2000, the Mutual Legal Assistance Act
2000, and the Proceeds of Crime Act 2000.
The highest number of requests from the Attorney Gener-
al's Office, some 78, were made in August 2003.
Apart from the Attorney General's Office, Mr Winder said
his agents and himself had also responded to requests for
information and assistance on 10 accounts purportedly held at
Suisse Security. The
requests were made
between August 2, SEE page 5B


Bahamas 'in a


league by itself'


* By NEIL HARTNELL
Tribune Business Editor
THE Bahamas will be a
small net external debtor rela-
tive to the size of its current
account receipts in 2006, a
Wall Street credit rating
agency has reported, with this
nation "in a league by itself"
compared to other Caribbean
states on per capital income.
Standard & Poor's (S&P), in
a report on the main con-
straints facing Caribbean
nations in improving their sov-
ereign debt ratings, noted that
the Bahamas' per capital GDP
income in 2006 was forecast to
rise to almost $19,000.


This compared to about
$16,500 in 2000, and the
$19,000 figure for the Bahamas
in 2006 is much higher than the
$11,000 predicted for the nc xt
best, Barbados and Trinidad,
which are both at $11,000.
"With per capital income
estimated at an almost $19,000
in 2006, the Bahamas is in'a
league by itself, followed by
Barbados, Trinidad & Tobago
and Montserrat," S&P said.
"A high income level in the
Bahamas reflects its long track
record of political and macro-
economic stability, bolstered

SEE page 8B
,R'


Sure you'll win the Lotto!


Now what's Plan B?
|T
5 k~ ct
.v* :. 10


Guana Cay developers

deny 'hunting' claims

By NEIL HARTNELL
Tribune Business Editor
EXECUTIVES at the company behind the controversial
$175 million development on Great Guana Cay yesterday
denied ruinours that it had acquired 3,000 acres of Crown
Land on Abaco for use by guests as a private hunting com-
pound.
Dr Livingstone Marshall, senior vice-president of envi-
ronmental and community affairs at Baker's Bay Golf &
Ocean Club, which is being developed by San Francisco-
.based Discovery Land Company, described the claims as "a
rumour.'There's no truth to it. I know of no acquisition of
3,000 acres".
He acknowledged, though, that the developers had in the
past talked about developing extra amenities for guests and
residents at Baker's Bay, such as hunting and sporting facil-
ities. No moves have been made in this direction, though.
Fred Smith, the attorney rep-
resenting the Save Guana Cay page
Reef Association, told The Tri-



Internet marketing agreement

for small Bahamian hotels


A boutique Bahamian website
has signed an agreement with the
Nassau Paradise Island Promo-
tion Board to provide Internet-
based marketing services for
small hotels.
The service will be provided by
www.bahamas.Gour.Net Ltd on
its website of the same name, and
will target the 'Small Treasures
of the Bahamas'. These are the
small hotels, inns and guest hous-
es, and membership included the
Red Carpet Inn, Paradise Island
Beach Club, Paradise Harbour


Club & Marina, Graycliff Hotel,
Orange Hill Beach Inn, Dillet's
GueSt House and Best Western
Bay View Suites.
www.bahamas.Gour.Net is a
boutique website within the
Gour.Net global network, which
provides information on tourism
and related issues affecting the
Bahamas. Among the services
offered to its members are online
reservations, direct online book-
ing services, cross-banner
exchanges and quarterly newslet-
ters.


I C"


I- -- ul*mll~sIa~ l


I I ~h- -~ -----I)-~B-












Why could your firm




become a criminal target?


s the workplace safe?
Before we say yes, the
following should be
considered. Really, it
depends on where you
work, what you do and what
time of day you do work. The
individual who decides to com-
mit a crime has to consider
these options, too. He/she must
consider the risk involved with
where, when and what type of
crime to commit. So if we were
to assess these factors from a
criminal mindset, what would
we come up with? I believe we
would create a better under-
standing of crime and effective
countermeasures, meaning
many robbery situations can
be prevented, and those which
do occur, properly managed.
Let us consider the business
owner of a cell phone retail
store, as opposed to a cell
phone wholesaler? What
would make either enterprise
more attractive to criminal
minds? Initially, let's look at


revenue. We all would agree
that the wholesaler should
have more money than the
retailer, but in what form is
this money? This is the prob-
lem the criminal must consider,
as he is quite aware that those
revenues might be tied up in
the form of credit card pay-
ments and money transfers.
So, upon consideration, even
though more revenue is avail-
able at the wholesaler's loca-
tion, he may think it more
worthwhile to make his/her
robbery attempt at the retail
location, because more 'cash' is
perceived to be available. Also,
access to the offices where the
wholesaler handles funds may
be difficult, whereas the retail-
er's cash register in some
instances can be seen from the
street.
On the flip side of this exam-
ple is the action of a criminal
who prefers using fraudulent
documents. The attraction of
this perceived opportunity is


that there are so many forms
and documents being handled
by the wholesale operation,
that he/she maybe able to
obtain the cell phones with the
presentation of fraudulent
cheques or purchase orders.
Both examples present the
question of what actions are
necessary on behalf of the per-
petrator to be successful. We
must remember that robbers,
too, generally fall into three
categories:
1. The Amateur
2. The Intermediate
3. The Professional
The method of attack will
vary, but it will usually corre-
spond with the degree of expe-
rience, discipline and available
resources that the robber has.
These methods can range
from:
a) The lone gunman who
passes a note.
b) To the gang, who takes the
lobby over for a period of time..
c) To the coordinated attack-
ers.
d) To the fraudster,
e) To the identity thief
Considering that the crimi-
nal's actions at the retail level
will be more direct, and per-
son-to-person, how does he/she
convince the business owner
to hand over the cash? A gun,
a note or even taking some
other person, such as a wife or
child, hostage are all ways that
can be used to persuade the
business owner to hand over
the cash. Whereas the thief
who goes about his/her activity
using fraud does not necessar-
ily have to resort to such hos-
tile behaviour.
Does this mean retail stores
are more at risk than large
wholesale outlets and suppli-
ers? The numbers suggest that
retail stores are more suscepti-
ble to violent crimes, not nec-
essarily more crime.'We must
not forget location. As any


marketing guru' will tell you,
the customer has to be able to
access 'easily' your product and
services. Maybe to'easily,
because not everyone entering
your store is a customer some
of these persons have criminal
intentions.
So, questions about target
hardening should come to
mind. How do I make my busi-
ness less attractive to would-
be robbers, yet not turn it into
a fortress that likewise scares
off my customers?
Time plays a role. What of
operational hours? We are
finding that most retailers must
operate into the evening, as
every one works a basic 9am to
5pm schedule. Thus, to be
more accessible, they must
now stay open until 7pm or
8pm. Yet the wholesaler or
supplier, because of the type
of business, has more control
over operational hours, often
closing at 5pm.
From an individual stand-
point, what exactly is your role
in the company? Do you hold
all the keys and combinations,
or are you the filing clerk?
Your function will determine if
you are a target that the crim-
inal should be going after.
Also, how accessible are you?
For example, you may be the.
filing clerk with little or no
access to valuables, but you are
easy to reach. You may then
be used as an indirect avenue
to persons or individuals who
have direct access to valuables.
Access to the target assets is
essential for the criminal. At
this point, access must be seen
as entry and exit, but move-
ment in and around the imme-
diate area.
For example, access to a
bank is-easy, but movement in
and around that office may be
restricted and limited.How
does access relate to safety in
the workplace?
When we consider these five
elements of crime from the
perspective of access, then the
relationship hopefully is a bit
clearer.


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


Y
SSafe &


i, Secure

.. '. */'*. .- .' ." .'


Motivation: This can be seen more real to prevention efforts.
as a lack of access to certain Additionally, access /a way in
living conditions, money and (out) /contact is key, andl am
wealth. using it to blanket several con-
Opportunity: This relates to editions, but again I think it best
perceived easy access to vari- describes the concept of 'ease
ous assets. of gain' what is required to
Aility on the Part of the Per- accomplish the criminal act.
petrator: Access to resources,
be they tools or knowledge,
and having' a plan of action in
place.
A Reasonable Expectation
of Escape: How will the crimi-
nal's access/exiting of the scene
be denied? NB: Gamal Newry is the
A low probability for detec- president of Preventative Mea-
tion and apprehension: How sures, a loss prevention and
accessible is the criminal after asset protection training and
the crime? consulting company, specialis-
ing in Policy and Procedure
Some will argue that there Development, Business Secu-
are numerous other relation- rity Reviews and Audits, and
ships that can be drawn, and Emergency and Crisis Man-
there are many more elements agement. Comments can be
to crime. There are, but it is sent to PO Box N-3154 Nas-
my opinion that these five list- san, Bahamas or, e-mail
ed above make crime a bit gnewry@coralwave.com



9et eid4 fr Son anc at

Yandi's

Spring Afair

|. Garden Decor
Flowers
) Garden Furniture
f Home Accessories
; / Customize Your Easter Basket
: Children's Easter Attire
I 20% ^ StovewCe :-



S\Vesl Bay Sireel and Chippingham Road
(Opposite Arawak Cay) .
Phone. 326-8055


MM* I


Weekend Drivers

Work from 5pm 12pm

Friday and Saturdays &

make an average of .


.00

per hr.


Plus Tips!
Applicants must he 18 years or older,
have valid driver's license, have access to a vehicle with proof of Insuramnce
Please bring current Health Certificate, police record & a passport photo
Applications available at
Abaco Markets Ltd.,Town Centre Mall

Ph: 325-2122


CALLO CMgI OAY


BAHAMIAN


LUMBER COMPANY


is moving to our new location on
Wulff Road opposite Mount Royal Avenue,
West of Shell Gas Station.

WE WILL BE CLOSED AT OUR PRESENT LOCATION
FROM APRIL 12, 2006 AND WILL RE-OPEN
APRIL 18, 2006 AT THE NEW LOCATION.

We apologize for any inconvenience caused.

Telephone Number 323-4191
Fax Number 322-7458

Signed The Management

I I I I 1 1 1 1 I I I II I I I II I I


SUBS
UBS (Bahamas) Ltd is one of the leading Wealth
Managers in the Caribbean. We look after wealthy
private clients by providing them with comprehensive,
value-enhancing services,

For our newly created UBSI Quality Desk in Nassau
we are looking for a

DESK HEAD (QUALITY DESK)

In this challenging position you will be responsible for:

* Advising clients (mainly from Latin America)
* Liaising with UBSI Financial Advisors
* Proposing investment solutions in the client's
mother tongue

We are searching for a team player with extensive
experience in international wealth management,
specializing in the fields of customer relations and.
retention, investment advice and portfolio management.
A proven track record in a comparable position with
a leading global financial institution, excellent knowledge
of investment products and fluency in English as well
as Spanish and/or Portuguese is essential.

Applications by Bahamian nationals only should be
addressed to:

UBS (Bahamas) Ltd.
Human Resources
P.O. Box N-7757
Nassau, Bahamas


7n


I ritz 1 iloullt


(3iE 2B, Wt--L)N~bUAY, Ai i IiL 12, 2006













Im





the 1iCaribe^Bs dvlomn


an overview of
capital markets
and their impor-
tance in economic
development. This week, we
focus on the key ingredients for
a well-functioning bond market
and its role in a modern econo-
my. The bond market, or the
debt market as it is loosely
called, represents those institu-
tions and arrangements that
deal with long-term debt instru-
ments such as bonds, medium-
term notes and subordinated
debt.
Well-functioning bond mar-
kets form an important part of
any modern economy. While
equity markets provide compa-
nies with risk capital, bond mar-
kets support the capital struc-
ture of firms by providing debt
funds.
Bond financing is an alterna-


tive source of funds to bank
loans. The bond market allows
a borrower to directly access
funds from multiple investors,
Usually at lower interest rates
and with greater structuring
flexibility than traditional bank
loans.
From the other side of the
transaction coin, bond markets
provide greater investment
opportunities for institutional


by Arjoon

Harripaul





investors and retail investors.
Bond markets, with function-
ing credit rating mechanisms,
also yield a systemic benefit of
greater transparency and dis-
closure, and encourage
improved fiscal discipline
among issuers.
What are the key ingredients
of a well-functioning corporate
bond market?
A necessary precursor for any
effective corporate bond (or
debt) market is a well function-
ing, highly liquid government
bond market to serve as a
benchmark against which all
other fixed-income securities
can be priced. To ensure the
Government bond market can
continue to provide the bench-
mark yield curve, the supply of
government bonds must be reg-
ular, predictable and transpar-
ent.
Apart from a proper govern-
ment bond market, there are
several other key ingredients
necessary for the accelerated
development of bond markets
in the Caribbean. Without these
ingredients, it is questionable
whether a debt market can actu-
ally be functional enough to
deliver economic benefits. The
experiences of other countries
have underscored the impor-
tance of simultaneously devel-
oping at least three fundamental
elements.
First, the market must be suf-
ficiently wide. That is, there


implemented.
The regulatory environment
also needs to be re-examined
to focus more on maintaining
and enhancing transparency and


market integrity. This requires
clear, complete, timely and

SEE page 4B


Bahamas Air Sea


Rescue Association







BASRA Headquarters
May 2nd, 2006


All members are urged to attend.
Refreshments will be served 7pm.


must be a variety of instruments
available. At present, prefer-
ence shares, plain vanilla fixed
or floating rate'bonds with reg-
ular or bullet payments, domi-
nate the scene in different mar-
kets. There is a very small
amount of commercial paper
activity in a few countries, and
only a handful of structured
obligations have been brought
to the market.
Second, there must also be
depth in the market. In other
words, the robustness of the
investor base must be assured.
In order to function well, a
bond market needs investors
with different demand profiles
who will provide a steady
stream of long-term demand for
different kinds of bonds.
Investors must also be will-
ing to trade in these securities.
At present, institutional
investors account for the lion's
share of bond market activity.
The retail investor base is very
thin and functions mostly
through pooled mutual funds.
Any market characterized by a
small number of investors (and
intermediaries) can lead to mar-
ket imperfections and anom-
alies. For instance, a govern-
ment of Trinidad and Tobago
15-year bond issued in Septem-
ber 2004, with a coupon rate of
6.1 per cent that compares with
an Airports Authority of
Trinidad and Tobago 15-year
bond, issued in January 2005,
with a coupon rate of 5.75 per
cent should raise some ques-
tions.
Third, the market infrastruc-
ture both operational and
legal- must be developed.
Operational elements include
complete systems for bond trad-
ing, clearing and settlement, as
well as hedging and credit rating
systems. While reasonable bond
trading arrangements exist,
clearing and settlement, hedging
and credit rating systems are'
yet to be comprehensively


PROPOSAL FOR CUSTOMS


BROKERAGE SERVICE

The Water & Sewerage Corporation
invites proposal for the provision of
Custom Brokerage Services for three
years period commencing 1st June
2006. License Brokerage companies
interested in submitting a proposal
should collect a Customs Brokerage
package from the Purchasing Section
#87 Thompson Boulevard.


Proposal are to be submitted in sealed
envelope(s) marked confidential
addressed to THE ACTING
GENERAL MANAGER to be
delivered to the Purchasing Officer
unopened no later then Thursday 20th
April, 2006.


The Water & Sewerage Corporation
reserves the right to reject any or all
proposal.


ASSEMBLIES OF GOD IN THE BAHAMAS







WARWICK STREET, SHIRLEA
ANNOUNCES THE THIRD CYCLE OF CLASSES
APRIL 18TH JUNE 22ND, 2006



COURSES, FACULTY & DAYS




MONDAY
SYNOPTIC GOSPELS (Matt. Mark & Luck)............MIN. ERIC BROWN

TUESDAY
DANIEL & REVELATION......................................REV. VERNON MOSES

THURSDAY
HOMILETICS III.(Prep. & Delivery of Sermons)......REV. NEIL HAMILTON

CLASSES HELD 7:00p.m. 10:00p.m.
Registration Begins April 10th, 11th, 13th, 2006 2:30 4pm
April 18th at 6:00pm
at the Bible College

Classes begin April 18th, 2006. at 7p.m.
All Books are on a cash basis

APPLICATION FORMS ARE AVAILABLE AT THE NATIONAL OFFICE
& FROM PASTORS OF THE ASSEMBLIES OF GOD CHURCHES FOR
FURTHER INFORMATION
TELEPHONE: 393-3453 or 393-3141 FAX 394-6361

THIS SCHOOL IS RECOGNIZED BY THE MINISTRY OF
EDUCATION TO OFFER COURSES TO THE POST
SECONDARY LEVEL

AND ASSOCIATES DEGREE IN BIBLE / THEOLOGY


.UBS

UBS (Bahamas) Ltd is one of the leading Wealth
Managers in the Caribbean. We look after wealthy
private clients by providing them with
comprehensive, value-enhancing services.

For our Wealth Management team in Nassau we
are looking for an experienced.

DESK HEAD NORTH
AMERICA/CANADA

In this challenging position you will be responsible
for:

* Acquiring high net worth clients
* Advising clients (mainly from Canada)
Proposing investment solutions in the client's
mother tongue
* Leading the North America Desk

We are searching,for a seasoned team leader with
extensive experience in international wealth
management, specializing i the fields of customer
relations and retention, investment advice and
portfolio management. A proven track record in a
comparable position with a leading global financial
institution, a very good network in Canada, excellent
knowledge of investment products and fluency in
English as well as French is essential.

Applications by Bahamian nationals only should be
addressed to:

UBS (Bahamas) Ltd.
Human Resources
P.O. Box N-7757
Nassau, Bahamas


WEDNESDAY, APRIL 12, 2006, PAGE 3B


THE TRIBUNE


''


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THE TRIBUNE


\GE 4B, WEDNESDAY, APRIL 12, 2006


Insurance Executive
US$80,000 to US$100,000
Freeport/Anguilla

international boutique life insurance company catering to
he needs of high net worth individuals seeks senior level
insurance executive. Looking for all round experience at
lie management level. Will oversee all aspects of the
application process, underwriting, issuing, and maintenance
, lifi and annuity policies. Offices in Freeport and Anguilla.
I is position can be located in either location. Send resume
'o: humanresources8751 @hotmail.com









Mature males (ages 25-40), in
possession of a valid driver's
licence, drug free and interested
Sin applying for sales, security
Sor warehouse positions please
Collect an application form from
the Customer Service Counter
at Kelly's Home Centre, Mall at
Marathon.


Excellent benefits, pay and
working conditions for the right
Candidates.



U1 A


Guana Cay developers


'hunting'


FROM page 1B


bune that the group was look-
ing into the rumours regard-
ing the land, which was said to
be located between Marsh
Harbour and Little Harbour,
to see if they were true.
He pointed out that Abaco
was well-known for its wild
boar, ducks and pigeons.
Both the developers and
their opponents, the Associa-
tion, have been waiting over a
month for the Supreme Court
in Freeport to deliver its ver-
dict on the substantive issues in
the case brought by the latter.
The Association has been
seeking a Judicial Review of
the Heads of Agreement
signed between the Govern-
ment and Discovery Land
Company, arguing that the for-
mer had no authority to enter
into the agreement without the
authority of Parliament, and


that existing Guana Cay resi-
dents did not want the Baker's
Bay project.
Dr Marshall said: "For the
most part, we're just waiting
for that decision and continu-
ing with the undertaking we
voluntarily gave" not to do any
new work at the Baker's Bay
site.
He added that Discovery
Land Company was "continu-
ing to bring in potential buyers
to look at the property" from a
real estate perspective. Apart
from sales staff, maintenance
staff were also being employed
to maintain Baker's bay's exist-
ing facilities, while the compa-
ny was talking to potential con-
tractors "in anticipation of
moving on with the project".
However, Dr Marshall said:
"The Baker's Bay side is being
impacted by the employment
situation as well as the con-
tractors' side."
Although 50-60 employees
were currently on staff at Bak-


er's Bay, Dr Marshall said the
voluntary undertaking by the
developers not to carry out any
new work, along with the wait
for the Supreme Court verdict,
meant that Discovery Land
Company had been unable to
progress as quickly as planned
with the marina and other
aspects of the development.
As a result, the company had
not been taking on extra work-
ers as quickly as anticipated.
Mr Smith yesterday said the
Association had applied to the
Supreme Court to have certain
officers and directors of Dis-
covery Land Company com-
mitted to prison for alleged
Contempt of Court for break-
ing the voluntary undertaking,
something the company is vig-
orously denying and opposing.
However, Mr Smith said the
Judge had indicated he would
give his decision on the sub-
stantive case first before deal-
ing with the Association's
application.


claims


Dr Marshall said Discovery,
Land Company had been deal-,.
ing with claims the undertaking'
had been breached some two.
days after it have its pledge i-
the Court of Appeal. ,
He described the undertak-
ing as "what we were prepared;
to live by then, and still live by-
now". Dismissing the Associ4-,
tion's allegations as untrue, Dr,
Marshall said many of their;
claims related to things that
were "very simple" to explain
and did not involve new con-,
struction.
"In all of this, we have fol-
lowed to a 'T' the letter of the.
law and the stipulations in the,
Heads of Agreement," Dr
Marshall said.
Rather than make allega-
tions, he urged the Associatiop
and its members to deal with,
their concerns "more con-
structively" by meeting the'
developers and seeing what
they were doing to protect the,
environment.


Mature bond markets key to



the Caribbean's development


POSITION AVAILABLE IMMEDIATELY


Customer Service


Representative
At


Domino's Pizza &


Dairy Queen


l Duties:
+ Ans
Si ti An
0 tion
_, ..


wearing the.phone
thing necessary to ensure the proper execu-
Sof store operations.


!! Send resume to Attention:
SHuman Resources Department
P.O. Box SS-6704, Nassau, Bahamas ~ Fx: 356.7855 or
Deliver to: Abaco Markets Ltd., Town Centre Mall or
Email: hr@abacomarkets.com


wisaasit C


Fmrta Colialnas
- Financial Advisors Ltd.


1.2816 1.2231 Colina Money Market Fund 1.281616"
4.6662 2.2420 Fidelity Bahamas G & I Fund 2.6570 ***
_.3294 2.2214 Colina MSI Preferred Fund 2.329423**
I 1-2 1 1d'47 Colin_- P'rnd Fund I 109154***'
irt llJDFr LOSE 14 YrTD 11 31.. 2005 'i .,"-
52wk-Hi Highest closing price in last 52 weeks
52wk-Low Lowest closing price in last 52 weeks
Previous Close Previous day's weighted price for daily volume
Today's Close Current day's weighted price for daily volume
Change Change in closing price from day to da
SDaily Vol. Number of total shares traded today
i rV $ Dividends per share paid in the last 12 months
P/F Closing price divided by the last 12 month earnings
SAS AT MAR. 31. 2006/ *.. AS AT FEB. 28. 2006
F r "^ PiP '1 ?0nn' *- A aTFEB aR R s1on2
i DE CA-LL CC Lii: j 242-6'?502--"0 FIDELITY 242-356-776 J


FROM page 3B

meaningful disclosure; promot-,
ing good corporate governance;
and formulating and enforcing
clear and sound market rules
and regulations.
Given their small size, most
of the Caribbean's bond mar-
kets face serious limits to liq-
uidity, efficiency anid growth,
Therefore, the reg ion's"
economies would benefit from
greater cross-border issuance
and investment, and a commer-
cially-driven regional bond mar-
ket. Such a market would
enable borrowers to directly tap
the relatively large savings with-
in the region, and may also
attract international investors.
Of course, the regionalisation
of the Caribbean's bond mar-
kets brings with it further chal-
lenges such as more flexible
exchange rate arrangements,
measures to guard against dan-
gerously volatile capital flows,
regional policy coordination and
facilities to both measure and
enhance regional credits.
Domestic bond markets in
the region are still, for the most
part, nascent, while a fully func-
tional regional bond market is
still some way off. There are
compelling reasons and ample
evidence from across the globe
confirming' the benefits to be
derived from developed bond
markets. Closer to home, it has
been observed how fairly devel-
oped domestic bond markets in


)IEPL


'E LC. i 1 I .-T.: .-.Tr 31- ,- -.- : J. .. C. :1 ilr.,- CI :r
Bid $ Buying price of Colina and Ftdelit)
Ask $ Selling price of Colina and fldelit)
Last Price Last traded over-the-counter price
Weekly Vol. Trading volume of the prior week
EPS $ A company's reported earnings per share for the last 12 mths
NAV Net Asset Value
N/M Not Meaningful
FINDEX The Fidelity Bahamas Stock Index. January 1, 1994 = 100


Jamaica helped the government
to raise funds domestically, and
thus stave off ,a foreign
exchange payment problem.
This domestic funding option
was not available to the
Dominican Republic in its
recent crisis.
Next week's article will exam-
ine how risk analysis differs
between equity investors and


debt holders.

NB: CariCRIS is the
Caribbean's Regional Credit
Rating Agency. This article
forms part of a series on issues
surrounding capital markets and
credit ratings. e-mail: info@cari-
cris.com
Arjoon Harripaul is a senior
rating analyst for CariCRIS
/;2". 5 .. r .


/ -.- he- #




TEACHING VACANCIES

The Anglican Central Education Authority invites applications
from qualified Teachers for the following positions available
in Anglican Schools for September 2005. The public is advised
that these positions are being advertised in accordance with
the policies of the Immigration Authorities before Application
for the renewal, of Work Permits is submitted. Bahamians are
encouraged to apply.

One (1) Spanish Teacher
One (1) Primary Spanish Teacher
One (1) French Teacher
One (1) Home Economics Teacher
One (1) Commerce/ Economics Teacher
Two (2) Social Studies Teachers
Two (2) Primary Teachers
Three(3) Language/ Literature Teacher
Three (3) Mathematics Teachers
One (1) Computer Teacher
One (1) Physics Teacher
One (1) Technical Drawing Teacher
One (1) Music Teacher
One (1) Art Teacher

Applications must be received by Friday, April 15, 2005.
Only qualified Teachers with Bachelor's Degree and Teacher
Training need apply. A minimum of two years teaching
experience is required. Teachers should have a working
Knowledge of Computers.

For further details please contact the Anglican Central
Education Authority on Sands Road and East Street at
telephone (242) 322 3015 or write to:

THE DIRECTOR OF EDUCATION
THE ANGLICAN CENTRAL EDUCATION
AUTHORITY
P.O.BOX N-656
NASSAU, BAHAMAS


:a
.4


Qualifications:
Good customer service skills a must


icingg Information As Of:
SI April 200 6
BISX LISTED & TRADED SECURITIES VISIT WW~ V.BISXBAHAMAS COMP. FOR MORE DATA & INFORMATION
BISX ALL SHARE INDEX: CLOSE 1.420 48 CHG 0O.00 I aCHG 00.00 / YTD 69 77 I YTD "' 05.17
I II, --,':. 'L '".. ,r.,',-r..I: r i,:,u5 : -I-- T ,i*:l.:, -r r. ..: 1, 1.. :, 1 ID EP f- I -. : tY, 13
I ,'-, ,, ,- .,: 5. ,,,,. r r -
0.70 8.00 Bahamas Property Fund 10.70 10.70 0.00 1.456 0.360 7.3 3.36%
24 6.00 Bank of Bahamas 7.10 7.10 0.00 0.643 0.330 11.0 4.65%
85 0.70 Binchmark 0.70 0.70 0.00' 0.175 0.020 4.0 2.86%
.80 1.26 Bahamas Waste 1.26 1.26 0.00 0.105 0.060 12.0 4.76%
20 1.04 Fidelity Bank 1.18 1.18 0.00 0.070 0.040 16.7 3.42%
60 8.00 Cable Bahamas 9.20 9.20 0.00 0.565 0.240 16.3 2.61%
'.20 1.39 Colina Holdings 1.69 1.69 0.00 -0.067 0.000 NM 0.00%
.99 8.33 Commonwealth Bank 9.99 9.99 0.00 0.861 0.490 11.6 4.90%
,68 4.12 Consolidated Water BDRs 4.73 4.80 0.07 0.091 0.045 52.2 0.95%
88 1.50 Doctor's Hospital 2.45 2.45 0.00 1,000 0.437 0.000 5.6 0.00%
;21 4.02 Famguard 6.21 6.21 0.00 0.542 0.240 11.5 3.86%
0 99 10.25 Finco 10.99 10.99 0.00 0.738 0.540 14.9 4.91%
1 50 7.75 FirstCaribbean 11.50 11.50 0.00 0.874 0.500 13.2 4.35%
,'1 2 7.99 Focol 10.42 10.42 0.00 0.833 0.500 12.5 4.80%
27 1.15 Freeport Concrete 1.15 1.15 0.00 -0.162 0.000 N/M 0.00%
0.20 9.50 ICD Utilities 9.50 9.50 0.00 0.526 0.540 18.1 5.68%
'.10 8.22 J.S.Johnson 9.09 9.09 0.00 0.572 0.560 15.9 6.16%
.95 5.30 Kerzner International BDRs 7.70 7.68 -0.02 0.134 0.000 57.5 0.00
n nn i n nn Pr ier R.s- Ette 1000 10n n 00 0.00 2.036 0.585 4.9 5.85%
i J, i.i .-'.. _r-Th&-Counie r S curil sc
2wk-Hi 52wk-Low Symbol Bid $ Ask $ Last Price vveeKly vol EPS 4 Oiv $ F E '.ela
13.25 12.25 Bahamas Supermarkets 14.00 15.00 11.00 1.917 0.720 7.2 4.80
i0.14 10.00 Caribbean Crossings (Pref) 10.00 10.35 10.00 0.000 0.800 NM 7.80%
=1 0 r -20 PD H _l-in-- 0 29 n 54a 000 -0.084 0.000 NM 0.00%
_, .-i a r..r-Tr -C untCr S ur I nla
13.00 28.00 ABDAB 41.00 43.00 41.00 2.220 0.0uu 19.4 u.uu0o
16.00 13.00 Bahamas Supermarkets 13.25 14.25 12.50 1.105 0.810 14.6 6.93%
', n n ? PID '1 H--ing 0 29 0 54 0 35 -0.103 0.000 N/M 0.00%
F. L i.I,-'dj r.lulual Fr.,nds
" I -I, ..'. "L --.'. Fj,-, I Ii,,T,.- N ^ Y TCf-, __1_..__-, ,_. i ,l,


BUSINESS


.~I~BP""~L"`~ll"""""1~~111 ~- -IL ~L~ L~III~FI~CI I


I


I








Ti-IF TRIBUNE


Report:Suisse SIEcuiySS


Report: Suisse Security's




creditors face 'much loss'


FROM page 1B

rent, this bank is rendered
insolvent, as the assets present-
ly available to me are insuffi-
cient to cover the bank's lia-
bilities to depositors and cred-
itors."
Mr Winder said that "to
reduce further losses", on
August 9, 2002, he had filed a
Supreme Court summons
seeking directions to enable
him to liquidate Suisse Securi-
ty's own securities holdings at a
time that would benefit the
receivership estate, liquidate
clients' securities holdings, and
carry on business to the extent
it would benefit the bank and
its creditors.
In addition, he had sought
orders compelling Barclays,
UBS Geneva and Suisse Secu-
rity staff, management and
directors to provide "all rele-
vant information" on Suisse
Security Investments and
Suisse Security Holdings to
him, in addition to turning over
the funds both companies held
on the bank's behalf.
His request was granted by
an Order from Justice Austin
Davis, made on October 23,
2002. However, it was chal-
lenged by Suisse Security's
Board, particularly the provi-


sions that Mr Winder perform
all the bank's acts and func-
tions, and liquidate its security
holdings when he saw fit.
There then followed an
exchange of affidavits, which
revealed that Mr Winder liq-
uidated Suisse Security's hold-
ings of 72,000 shares in Nas-
daq 100 Trust, which had
incurred a loss of $857,736
between January 4, 2001, and
March 6, 2001.
Mr Winder also disputed
assertions by Chris Lunn that
stocks invested in by Suisse
Security had appreciated in
value by more than 100 per
cent over the previous three
to four years.
He said the bank's audited
financial statements for the
year-ends in 1998, 1999 and
2000 showed that it had lost
$3.877 million, $1.425 million
and $255,053 respectively when
comparing cost to market val-
ue.
However, Justice Davis ulti-
mately ruled on January 15,
2003, that the October 2002
order be set aside, and no fur-
ther action taken until Suisse
Security had exhausted the
appeals process against its
licence revocation.
This meant that Mr Winder
has been prevented from sell-


ing securities investments
made by the bank or its client.
And the Central Bank's peti-
tion to wind-up Suisse Security
was also stayed by Justice Vera
Watkins in a separate action
until the Privy Council out-
come was heard.
Mr Winder said that while
had been able to access Suisse
Security's computer system
and retrieved s small number
of data files, he was "still
unable to confirm that I have
gained control of all the bank's
assets.
"Further, I am unable to
determine the total liability of
the bank, nor am I able to
determine with certainty the
allocation of the securities held
between the bank and its
clients."
In addition, he had been
unable to obtain information
on two legal actions in which
Suisse Security had become
embroiled.
Mr Winder concluded by
again urging the Supreme
Court to compel Suisse Secu-
rity's staff, management, direc-
tors, shareholders and attor-
ney to turn over the funds held
by Suisse Security Investments
and Suisse Security Holdings,
and give an accounting of the
monies held.


FROM page 1B


2002, and May 3, 2004.
Elsewhere, Mr Winder blamed Suisse Secu-
rity's attorney Derek Ryan for hindering his
attempts to deal with a US court case in which
the bank, whose major shareholder is wealthy
paradise Island resident Mohammed Harajchi,
had become embroiled.
Suisse Security had lost almost $1.6 million in
,the case, and Mr Winder alleged in his report:
"Because of the obstruction and interference
of Derek Ryan, I was unable to give instructions
in the matter.
"Had I been able to instruct the attorneys
who represented the bank in this matter at the
commencement of my term, this loss may have
Been prevented."
**


Mr Winder said he was being sued in the
Supreme Court by Sonja Harajchi, Mr Hara-
jchi's wife, over allegations that he and others
had retained or converted property in Suisse
Security's former East Bay Street headquarters
that belonged to her.
The action, filed on.August 25, 2005, was
alleging that Mr Winder and others were "liable
for the unlawful and unconstitutional conversion
of chattels".
Mr Winder added that US attorneys had spent
"a substantial'amount of time and resources"
defending Suisse Security in another ongoing
court case, in which the bank faces a potential $3
million loss, against parties who had displayed
"unparalleled litigious behaviour".


WEDNESDAY, APRIL 12, 2006, PAGE 5B


BAHAMAS PROPERTY FUND LIMITED


CONSOLIDATED FINANCIAL STATEMENTS


31 DECEMBER 2005


bi hx, is ,PFOiU L rV F,,d n ire d


'ii.. id ,i]B u.:e n ettr
A; of e EA is.bei 2'InS6
iE~pa, :tduU 13ihi un Lii U i


2005
$


ASSETS
Current Assets
1h.;L auli bulkA
F. ,lll, ,ln :.bll-.. c.::fl iFlt l e p .:-. I.. l:.II toL dj.: lblh]
I.,:.-.:,,ut,- :. $4'- .1 44 4 i 1'.1 i N c re .3i
Other assets


2004
$


4.ii "I, .I .'


I I 1,l.iI4.i"
180.504
1,777,728


Non-current Assets
Investment properties (Note 4)


Total Assets


LIABILITIES
Current Liabilities
Bank overdraft (Note 5)
Unearned rental income
Interest payable
Current portion of long-term loans (Note 6)
Accrued expenses and other liabilities


N.,n~currerui Liibduize.
T.,n CUl Li.,Liubieie


EQUITY
Friu I --L'C


185.180
2,914,650


43,589,000 41,903,000

45.366.728 44.817.650


290,500
145,030
1,365,282
770,556
2,571,368

w- 4`"3





2' '.ii I" 'I"*'
14. 1 I 1


127,082
390,500
166,523
1,257,429
631,292
2,572,826


I I 1 2."2. .
- iii, ii 11"11


24 iin -u
1 .ni *;" '"n


TOTAL LIABILITIES AND EQUITY


SIGNED ON BEHALF OF THE BOARD


Director


April 3, 2006
Date


C iii Aj r:ited ol OPLuilru

i FI ii,(d III E IBh Si he, eIC1b'I 2111


REVENUE
Rcrii rd d parking 11irkii
r .1.%e;r iro:rm
Unti lfl-d1 ~j pFICI .int ofir,' cirnrcnrpr.'peiui


2005
$


4,.3A.029
'i-i .3'S-
1 ,636.000)


2004
$

4.".131
1,.220,000


6,118,412 5,627,995


EXPENSES
Interest and bank charges
Parking maintenance
Management fees (Note 9(a))
Professional fees
Directors fees
Maintenance cost of vacant rental space
Provision for doubtful accounts (Note 3)
Other operational expenses


Income from operations


NET INCON E


%Xighited ancragc 1 number of sh1ures onrarinding


Earning%, per share

Dnidcnds per share


808,481
261,676
150,787
24,000
22,000
173,328
343,922
39,839


943,650
273,651
159,961
28,916
24,000

149,792
20,277


1,824,033 1,600,247

4,294,379 4,027,748


3,775,161)0 3,477,748


2,407,000 2,407 ,0i0
$1.57 $1 44


$.36 $0.32


L.








- 1


UI V-*:.


NOTICE
NOTICE is hereby given that LUCITE JOSEPH OF LEWIS YARD,
GRAND BAHAMA, 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 12TH day of APRIL, 2006 to the Minister responsible for
Nationality and Citizenship, P.O.Box F-41085, Grand Bahama,
Bahamas.


POSITION AVAILABLE IMMEDIATELY


Assistant Manager
At


Domino's Pizza



Qualifications:
High School Diploma
Past Managerial Experience
Available for day and night shifts, weekends
included.
Valid Driver's License
: Strong leadership skills
Positive attitude toward customer service


Duties:
*+ Maintain product service and image standard
:. Assist in supervision of all phases of production
*. Maintain high levels of efficiency and producti-
vity in all areas of store operation


Send resume to Attention:
Human Resources Department
P.O. Box SS-6704, Nassau, Bahamas Fx:356.7855 or
Deliver to: Abaco Markets Ltd., Town Centre Mall or
Email: hr@abacomarkets.com


ii-.'


14 JL- I tw v


r


11~1 -L~ZL--lr -~C~--~ I~III


II ~I II,


E-i J.. r-d --.n pr t r.. ric.. 41 ir,. I Nor, -I


10 23.44 3,571.1,j~l


Pjes-Aent/'k







PAGE 6B, WEDNESDAY, APRIL 12, 2006


THE TRIBUNE BUSINESS


Deloitte
Deoitte & Touche
Chartered Accountants
and management Consultants
2nd Terrace, Cenevlle
P.O. Box N-7120
NaMau, Bhaas '
Tel: + 1 (242) 302-4800
Fax: +1 (242) 322-3101
http://www.delo tcom.bs






INDEPENDENT AUDITORS' REPORT


To the Shareholders of
Transamerica Bank and Trust Company Limited:

We have audited the above balance sheet ofTransamerica Bank and Trust Company Limited (the
'Bank") as of December 31, 2005. This balance sheet is the responsibility of the Bank's
management Our responsibility is to express an opinion on the balance sheet based on our audit

We conducted our audit in accordance with International Standards on Auditing. Those
Standards require that we plan and perform the audit to obtain reasonable assurance about
whether the balance sheet is free of material misstatements. An audit includes examining, on a
test basis, evidence supporting the .amounts and disclosures in the balance sheet An audit also
includes assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall balance sheet presentation. We believe that our
audit provides a reasonable basis for our opinion.

In our opinion, the balance sheet referred to above presents fairly, in all material respects, the
financial position of the Bank as of December 31, 2005, in accordance with the International
Financial Reporting Standards.




January 30,2006










A member finn of
D"aolttmfuchbTmOrM




TRANSAMERICA BANK AND TRUST COMPANY LIMITED
(A 100%-owned subsidiary of Corporaci6n Interfin. SA)
BALANCE SHEET
AS OF DECEMBER 31, 2005
(Expressed in United States Dollars)


Notes 2005


ASSETS
Cash and cash equivalents
Available-for-sale investments
Investments held for trading
Loans Net
Sundry receivables and interest
Held-to-maturity investments
Fixed assets Net
Other assets Net
TOTAL
LIABILITIES AND SHAREHOLDERS'
EQUITY.
LIABILITIES:
Demand deposits
Time deposits
Payable to banks
Loans payable
Interest, commissions, and other accounts payable
Total liabilities
SHAREHOLDERS' EQUITY
Share capital
Fair value adjustment of available for sale
investments
Special reserve
Retained earnings
Total shareholders' equity
TOTAL
CONTINGENCIES
See notes to balance sheet.


2a,3
2b, 4
2c,5
2d, 6,16
7
2e, 8
2f, 9
10


US$


22,126,832
44,724,960
2,000,000


322,272,797
4,367,579
5,515,422
84,322
7.115.143
USS408.207.055



US$ 35,495,466
253,082,926:
68,500,000

11.339.952
368.418.344


2004

US$ 33,562,900
21,750,551

286,468,206
2,780,415
17,229,731
103,829
9,220,789
US$371.116.421



US$ 41,610,761
245,838,439
35,961,594
4,204,651
7.569.335
335.184.780


16 30,000,000 30,000,000

(184,473) (265,757)
16 2,100,000
7.873.184 6.197.398
39.788.711 35.931.641
US$4098297s USS371.116.421
19 US$ 4.978.985 US$ 13.601.280


These financial statements are approved on behalf of the Board and authonzed for issue on
January 30,20Qon its behalfby:


^s ^ irLmukowiecki
Chairman


Luis Liberman G.
President


rI

0'

4.












































If


e. Held-to-Matrity Investments Held-to-maturity investments are recorded at
amortized cost Premiums and discounts are amortized during the period remaining
until maturity, using the straight-line method. An allowance for loss is made to
reflect a permanent decrease in value.

f. Fixed Asses Fixed assets are stated at cost less accumulated depreciation.
Depreciation is charged so as to write off the cost of assets over the estimated useful
life using the straight-line method, on the following basis:


Furniture and equipment
Vehicles
Computer equipment


5 years
10 years
5 years


At each balance sheet date, the Bank reviews the carrying amounts of its fixed assets
to determine whether there is any indication that those assets have suffered an
impairment loss. If any such indication exists, the recoverable amount of the asset is
estimated in order to determine the extent of the impairment loss (if any).

g. Transltion of Foreign Currencies Assets and liabilities in currencies other than
United States dollars are translated at the exchange rates prevailing at year-end.

h. Asses under Administration Time deposits and other assets held in a fiduciary
capacity for clients either as custodian or trustee are excluded from the balance sheet
as they are not assets of the Bank.

i. Related Parties All balances with the shareholder or with companies in which the
shareholder has a participation of more than 20% are described as being with related
parties.

j. Impairment ofAssets Assets are reviewed for impairment, based on discounted
cash flows, whenever events or changes in circumstances indicate that the carrying
amount of such assets may not be recoverable.


3. CASH AND CASH EQUIVALENTS

Cash and cash equivalents are detailed as follows:


Cash on hand and due from banks
Overnight deposits at varying interest rates
Time deposits with varying interest rates between
3.76% and 4.45% (2004: 2.15% to 2.39%)
Other short-term investments, interest rate between
4.27% and 4.46% (2004:1.65 to 2.07%)
Total


I. AVAILABLE FOR SALE INVESTMENTS

Available for sale investments are detailed as follows:


Government of Costa Rica and Central Bank of
Costa Rica with varying interest rates between
3.84% and 4.72% (2004: 6.59% to 9.34%)
Foreign government with interest rate between
2.50% and 7.14% (2004: 2.28%)
Time deposits with varying interest rates between
1.81% and 5.5% (2004: 0.31% to 7.71%)
Other investments
Total


2005
US$ 586,227
7,063,000


2004
US$ 1,440,676
14,114,000


11,500,000 14,500,000


2.977.605


3.508.224


Ufl%22J126.8 US3.520


2005


US$ 4,091,030

34,464,493

6,117,597
51.840
USS44.724.960


2004


US$12,758,471

990,811

6,776,841
1,224.428


Investments of US$20.2 million (2004: US$12.7 million) have a maturity of one year or
more. The Bank's management intends to sell them in the short-term.


Restricted investments as of December 31, are:,,.


Investments pledged in support of amounts payable
to banks
Investments pledged under letters of credit
Total


5. INVESTMENTS HELD FOR TRADING

Negotiable investments are detailed as follows:


Securities held in private sector entities abroad
Total


6. LOANS NET

Loans consist of the following:


Agriculture
Electricity
Cattle
Industry
Construction
Commerce
Services
Personal
Housing
Tourism
Transport
Total
Less: Allowance for loan losses
Total


*4g 1f.'


2005


2004


US$610,068 US$3,078,187
200.000 200.000
USS810l068 USS3.278.187


2005


2005
US$ 22,287,875
10,067,365
549,034
43,335,524
6,397,971
139,724,309
82,543,387
5,727,901

8,695,077
9.575.325


2004


2004
US$ 17,308,513

490,910
54,151,715
2,902,08V
105,780,798
91,680,730
7,790,469
7,091
11,757,125
762,799


328,903,768 292,632,230
(6.630.971) (6.164.024)
USS322.272.797 USS286.468.206


As of December 31, 2005, the loan portfolio with a maturity of more than one year was
US$149,719,265 (2004: US$114,689,511). As of December 31, 2005, the loan portfolio
was secured as follows: 11% by mortgage guarantee, 10% by chattel-mortgage guarantee,
and 16% by U.S. dollar cash collateral and others. The Bank has received personal
guarantees from individuals connected with the borrowers in support of the remaining 63%
of the loans. Undrawn lines of credit as of that date amounted to US$164,595,348 (2004:
US$115,930,267).

As of December 31, 2005, the Bank had loans of US$55,904,327 (2004: US$41,481,369)
which originated from the factoring of leases with a related company, which are guaranteed
by the irrevocable cessation of economic rights or benefits in favor of the Bank by way of a
trust which holds the leased assets. The leasing contracts are administered by a related
company.


Movement in the allowance for loan losses is as follows:


Balance at beginning of year
Allowance for loan losses
Loans written-off


2005
US$ 6,164,024
1,535,000
(1,068.053)


2004
US$4,936,243
1,297,000
(69.219)


Balance at end of year LUA. vMZ vA,,Y.Y

As of December 31, 2005, the Bank created a special reserve for US$2,100,000 that could
be used to cover any potential losses in the loan portfolio (Note 16).


NOTES TO BALANCE SHEET
(Expressed in United States Dollars)

1. BUSINESS ACTIVITY AND GROUP STRUCTURE
The Bank was incorporated in the Commonwealth of The Bahamas on October 6, 1987 and
was granted a license under The Banks and Trust Companies Regulation Act, 1965, (as
amended) on November 24, 1987, to carry on banking and trust business. The principal
activity of the Bank is the provision of short-term financing to assist international trade in
Central America. The registered office of the Bank is British American Building suite 203
in Nassau, Bahamas.
The number of employees of the Bank as of December 31, 2005 was 40 (2004: 40), which
includes staff in the Bahamas and Costa Rica.


2. ACCOUNTING POLICIES
The balance sheet have been prepared in accordance with International Financial Reporting
Standards. The preparation of balance sheet in conformity with International Financial
Reporting Standards requires management to make estimates and assumptions that affect
the reported amounts of assets and liabilities and disclosure of contingent assets and
liabilities at the date of the balance sheet and the reported amounts of income and expenses
during the reporting period. Actual results could differ from those.estimates.
Significant accounting policies adopted are as follows:
a. Cash and Cash Equivalents The Bank considers all debt instruments with
maturities of three months or less from date of inception as cash and cash equivalents.
b. Available-for-Sale Investments Available for sale investments are initially recorded
at cost. At subsequent reporting dates, the investments are measured at fair value
based on quoted or indicative market prices at the balance sheet date. Unrealized
gains or losses are included in shareholders' equity.
c. Investments Help for Trading Investments help for trading are initially recorded at
cost. At subsequent reporting dates, the investments are measured at fair value based
on quoted or indicative market prices at the balance sheet date. Unrealized gains or
losses are included in shareholder's equity.
d. Loans Loans are stated at the outstanding principal amount, less allowance for loan
losses. The allowance for loan losses is determined on an account by account basis
after consideration of management's and legal advisor's opinion as regards to the
possibility of collection.


_ ~


USS2,000,000 USS







WEDNESDAY, APRIL 12, 2006, PAGE 7B


'rw, TRIRIU1M RI IINFlSS


* I I I *5YVI* *Y V *-LY


7. SUNDRY RECEIVABLES AND INTEREST

Sundry receivables and interest consist of the following:


Fees receivable
Receivables from related parties
Credit card receivables
Others
Interest from investments
Interests receivable from loan portfolio
Less: Allowance for sundry receivables and interest


2005
US$ 4,450
47,000
14,666
486,160
409,868
3,425,435
(20,000)


2004
US$ 8,268


682,899
346,801
1,742,447


Total US$4

Movement in the allowance for sundry receivables is as follows.


2005


Balance at beginning of year
Allowance for loan losses
Reallocation of allowance from held-to-maturity
investments
Loans written-off
Balance at end of year


8. HELD TO MATURITY INVESTMENTS
Held-to-maturity investments are detailed as follows:


Private sector entities abroad (2004 interest rate
5.31%)
Public sector entities abroad with fluctuating interest
rates between 1.57% and 6% (in 2004, interest rates
between 0.62% and 8.13%)
Allowance for held-to-maturity investments
Total


2004


US$ 180,000

139,-,72
(299.472)
USS 20,000


2005


2004

US$6,868,611


,US$5,865,422 11,371,489
(350.000) (1,010.369)


Management intends to hold these investments until maturity and is of the opinion that
there has been no permanent diminution in value.
Movement in allowance for held-to-maturity investments is as follows:


Balance at beginning of year
Allowance for investment losses
Reallocation of allowance to other assets and sundry
receivable
Investments written-off
Balance at end of year


2005
US$1,010,369
600,000

(625,942)
(634.427)
USS 350.000


2004
US$1,220,832
600,000


(810.463)
US$1.010.369


9. FIXED ASSETS NET
The movement of fixed assets during the year is as follows:

2005


COST:
Furniture and equipment
Vehicles
Computer equipment
Total cost
ACCUMULATED
DEPRECIATION:
Furniture and equipment
Vehicles
Computer equipment
Total.


Beginning
Balance'

.US$ 55,103
15,000
68,884
USS 138.987


US$ 3,698
625
30.835-
USS 35.158


Beginning


Beginning
Balance
NET AT DECEMBER 31,2005 USS103.829
NET AT DECEMBER31,2004 US 27.074


10. OTHER ASSETS NET

Other assets consist of the following:


Additions Disposals



US$1.658 -
IS=.658 SS -L


US$ 5,723
1,500
13942 -
U-aiS21.165 US..

2005


Additions Disposals
US9.6O2 U5SS -


2005


Available-for-sale assets acquired on foreclosure
recoverability
Others
Allowance for other assets
Total


US$ 8,369,500
293,615
(1.547.972)


Ending
Balance

US$ 55,103
15,000
70,542
USS140.645


US$ 9,421
i...;.-,.-.2,125
44.777
USs 56. 97


Ending
Balance
USS 84.322
US13103.29


2004

US$10,087,818
337,232
(1.204,261)


USS 7.115.143 USS 9.220.789


During 2005 the Bank sold available-for-sale assets for an amount of US$2,530,744 (2004:
US$2,053,033). The book value of these assets is similar to their market value. The
Bank's intention is to sell the remaining assets in the short-term.

Movement in allowance for other assets is as follows:


Balance at beginning of year
Allowance for other assets
Reallocation of allowance from held-to-maturity
investments
Other assets written-off


.2005
US$1,204,261
600,000

486,470
(742.759)


2004
US$ 784,046
900,000


S (479,785)


Balance at end of year US$1547.972 1.204.261


11. DEMAND DEPOSITS

During the year, interest paid on demand deposits ranged from 0% to 1.63% (2004: 0% to
1.75%).

The Bank has a contract for the provision of correspondent services for its clients' demand
deposits, with International Bank of Miami (I.B.M.), where I.B.M. ;icts as the "paying
bank".


12. TIME DEPOSITS

As of December 31, 2005, substantially all time deposit were issued for a period less than
one year, with interest rates between 2.50% and 9.00% yearly (2004: 2.00% and 9.65%).


13. -PAYABLE TO BANKS

Payable to banks consist of the following:


2005


Securitiesfrom financial entities abroad, interest
rates between 4.54% and 8.25%, maturing between
January 2006 and November 2010 (2004: 2.46% and
4.20%, maturing between March 2005 and September
2005)
Securities from the country's financial entities, interest
rate 6.25%, matured in April 2005
Total


2004


US$68,500,000 US$30,961,594

5.000.000
US$68.500.000 USS35.961.594


S 688


14. LOANS PAYABLE

Loans payable as of December 31, 2004 consisted of other loans of USS4,204,651, with
interest rates between 3.39% and 3.65%, matured in March 2005.


15. INTEREST, COMMISSIONS AND OTHER ACCOUNTS PAYABLE

Interest, commissions and other accounts payable consist of the following:


2005


Interest
Letters of credit
Dividends
Others
Total


US$ 4,8
5,1

1.3
USSI 1.3


2004


96,314 USS4,311,219
51,040 2,401,969
- 359,000
92598 497.147
39.952 U L7.569.335


16. SHAREHOLDERS EQUITY

Share Capital As of December 31, 2005 and 2004, the authorized, issued and fully paid
share capital was US$30,000,000 represented by 30,000,000 shares of US1 each.

During 2004, the Board of Directors resolved to increase the Bank's authorized share
capital by US$1,000,000, represented by 1 million shares, resulting from accumulated
profits as of December 31, 2004 and it was approved by the Central Bank of The Bahamas.
During 2004, a dividend of US$6,175,000 was declared and paid.

Dividends At a meeting held on May 3, 2005, the Board of Directors resolved to pay a
cash dividend of US$3,400,000 which was then paid during the year.

Retained Earnings During the year, management resolved to increase allowance for loan
losses by US$2,100,000 from retained earnings of December 31, 2004. This amount is to
keep general provisions for credit risk.

Special Reserve At the year end, a portion of the retained earnings was used to create a
special reserve to cover potential losses in the loan portfolio.


17. BALANCES AND TRANSACTIONS WITH RELATED PARTIES

a. Trade transactions have been carried out with institutions or persons that are
considered to be related parties. The following balances exist at year-end with such
parties.


2005


Loans Net
Sundry receivables nd interests



Demand deposits
Time deposits
Interest, commission and other accounts
payable
Contingencies


2004


UvM 1-92=


2005
US$ 6.429 326
US$13.887.172
US$ 217.943


2004



IJ% 412,61


b. In accordance with an agreement entered into with a related party, the related party
manages the loan portfolio of the Bank.


18. CONTINGENCIES
As of December 31, 2005, the Bank granted letters of credit for US$3346,485 (2004:
US$6,621,843) and issued guarantees for US$0 (2004: US$1,629,437). Itis not anticipated
that any loss will arise from these guarantees. The Bank also issued stand-by letters of
credit totaling US$1,632,500 (2004: US$5,350,000).




19. ASSETS UNDER ADMINISTRATION
Total assets under administration for clients in the Bank's fiduciary capacity, as at
December 31, 2005 is US$327.4 million (2004: US$347.2 million).



20. MATURITIES OF ASSETS AND LIABILITIES
Banking assets and liabilities is classified based on the period remaining to maturity, from
the balance sheet to maturity date, as follows:


Asstgs
Cash and cash
equivalents
Negotiable'
investments
available for sale
Loans
Sundry
receivables,
interest and other
assets
Held to maturity
investments
Total assets

Demand deposits
Time deposits
Payable to banks
Interest
commissions and
otheraccounts
payable
Total liabilities
Guarantees issued


US$17,149,227 US$4,977,605
2,000,000 -


- US$ 22,126,832
- 2,000,000


51,840 US$24,475,734 US$17,526,547 US$2,670,839 44,724,960
US$38,964,628 USS40,125,273 US$ 91,363,631 US$120,439,106 US$29,280,159 US$320,172,797


2,947,202 744.904


524,808 150,665


4,367,579


_-15-422 i5I5A2


USS35,495,466
50.597,862 US$55,495,523
6,000,000 20,950,000


4.527.254 4.809.474
US96.620.582 USS81.254997
US$ 1,744.10, USS. 2.6 384


US$138,363,461 USS 8,605,080
32,350,000 9,200,000


1.951.138 51.592
US$12664.599 US$ 17.856672
us$ 632 nnua -


US$ 35,495,466
US$ 21,000 253,082,926
68,500,000


11339-052
MMMULLI183d
USLAMUM898


Liabilities


21.' GEOGRAPHICAL ANALYSIS OF ASSETS AND LIABILITIES
2006 2004


Central America
USA
Other


Assets
US$321,719,276
65,354,001
19.033.778


Liabilities
US$281,419,421
40,705,446
46.293.477


Assets


US$303,556,342 US$270,601,482
41,743,236 37,461,356
25.816.843 27.121,942
S$l71.16.421 USS335.184.780


JSS496.1 02055 US368.41a-344


22. FAIR VALUE OF FINANCIAL INSTRUMENTS
Most of the Bank's financial instruments are either short-term in nature or have interest
rates that automatically reprice to market on a periodical basis. Accordingly, the estimated
fair value is not significantly different from the carrying value for each major category of
the Bank's assets and liabilities, except for held-to-maturity investments which are carried
at amortized cost.



23. RISK MANAGEMENT
Credit Risk Credit risk arises from the failure of a counter party to perform according to
the terms of the contract. The Bank's significant exposure to credit risk is primarily
concentrated in cash and current accounts with banks, investments and loans. The deposits
and investments have been placed with high quality international institutions and
corporations. The collectibility of loans are continuously monitored by the Bank's
management in order to minimize credit risk.

Interest Rate Risk Interest rate risk results primarily from differences in the maturities or
re-pricing dates of assets and liabilities. Interest rate risk exposures are carefully monitored
and the holding of interest sensitive assets and liabilities are adjusted accordingly with
changing market conditions.


YS%


1


J1~X-214~L4
1185


r-m*







THE TRIBUNE


PAGE 8B, WEDNESDAY, APRIL 12, 2006


Poco Loco
35' Tiara 3500 Express. Year: 1995 LOA 38' 10" Beam: 13' 9"
Displacement: 22,0001bs, Draft: 3' 6"
Engines: Diesel Caterpillar 3208's 435hp
Hours: 620 Cruising Speed: 25 knots
Fuel: 354gals. Water: 124gals. Holding Tank: 30gals.
6.5kW Phasor generator (new 2005)
Maintained to highest standards. Sleeps total of 6. Forward
enclosed stateroom with double bed, L-shaped leather lounge
sleeps 2, convertible dinette seats 5 and sleeps 2, enclosed
head/shower, full service galley with frig/freezer, 2 burner elec.
stove and microwave oven, forward and aft A/C units (new 2005),
Stereo 6 CD changer. Extensive electronics.
(Bahamas duty paid)
For inspection call: Days: 393-2795 or 357-7909
Nights: 324-1462





4%UBS

UBS (Bahamas) Ltd is one of the leading Wealth
Managers in the Caribbean. We look after wealthy
private clients by providing them with comprehensive,
value-enhancing services.

For our newly created UBSI Quality Desk in Nassau
we are looking for a

CLIENT ADVISOR (QUALITY DESK)

In this challenging position you will be responsible
for:
Advising clients (mainly from Latin America)
Liaising with UBSI Financial Advisors
Propsing investment solutions in the client's mother
tongue.

We are searching for a team player with experience
in international wealth management, specializing in
the fields of customer relations and retention,
investment advice and portfolio management as well
as a solid education in Economics, Finance or a related
discipline. A proven track record in a comparable
position with a leading global financial institution
serving Latin American high net worth individuals,
excellent knowledge of investment products and
fluency in English as well as Spanish is essential. Any
other language would be a plus.


BOAT FOR SALE


- b


NOTICE
NOTICE is hereby given that GUERLANDE FRANCOIS OF HANNA
HILL, EIGHT MILE ROCK, GRAND BAHAMA, 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 12TH day of APRIL, 2006 to
the Minister responsible for Nationality and Citizenship, P.O.Box F-
41085, Grand Bahama, Bahamas.


NOTICE
NOTICE is hereby given that ORALES JERIMERE OF KIWI
CLOSE, P.O. BOX CB11660, 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 5TH day of APRIL, 2006 to the
Minister responsible for Nationality and Citizenship, PO.Box
N- 7147, Nassau, Bahamas.



NOTICE
NOTICE is hereby given that HAROLD PIERRE OF #18 SPINNEY
ROAD, P.O. BOX F-40758, FREEPORT, GRAND BAHAMA,
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 5TH day of
APRIL, 2006 to the Minister responsible for Nationality and Citizenship,
P.O.Box F-41085, Grand Bahama, Bahamas.




FOR RENT


CORAL HARBOUR

MAIN ROAD


Tastefully furnished, two bed,
two and half bathroom,
split level unit, laundry, standby
power supply, central
aircondition.


Please phone:
457-0852 or 362-0347
For Appointment to view



Price: ^1
,,,,.-$2,:500.00,monh ly


NOTICE
NOTICE is hereby given that RIVIERA BARBARA LOUIS OF
MIAMI STREET, P.O. BOX CR-54802, NASSAU, BAHAMAS,
is applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen of The N
Bahamas, and that any person who knows any reason why
registration/ naturalizationishould not'"b notedd .0cf'0. 'id
a written and signed statement of tho facts withirvtwenty-
eight days from the 5TH day of APRIL, 2006 to-the-Mnlnister
responsible for Nationality and Citizenship, P.O.Box N- 7147,
Nassau, Bahamas.




NOTICE
NOTICE is hereby given that CADELL VICTOR OF P.O.
.BOX GT-2557, 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 12TH day of APRIL, 2006 tp the Minister responsible
for Nationality and Citizenship, P.O.Box N- 7147, Nassau,
Bahamas.


BOAT FOR SALE










The "Majestad 1" has an open deck Defender Hull of fiberglass
construction with a 2nd deck affixed to accommodate passengers,
which also houses the pilot arrangements. Hull is in excellent
condition and all equipment onboard is in good working condition.
Principal Dimensions
Length Overall: 61.0 feet
Breadth: 18.0 feet
Engine: (2) Detroit Diesel 12V71 recently rebuilt
Vessel has five compartments w/ five bilge pumps equipped
with 1 inch discharge hoses and a capacity 2,000gph.

PHONE 363-7163
SERIOUS ENQUIRIES ONLY!


F OM pae B by generally prudent fiscal
FR OM page 1B policy and steady monetary
stance. In Barbados, as in
the Bahamas,. consistent economic policies and political sta-
bility generated relatively high income levels......."
In addition, S&P said the Bahamas was expected to be a
"small net creditor in 2007" on its sovereign external debt,
when measured as a ratio of its current account receipts.
The Bahamas was also expected to enjoy real GDP growth
of 3 per cent in 2006, matching last year's rise.
The Bahamas and Trinidad & Tobago were the two states
described as being "solidly" within the investment grade
category on their sovereign debt ratings.
The Wall Street credit rating agency said: "The rating
dynamics will continue to reflect the degree to which each
government's economic policy creates a cushion to absorb
losses due to external shocks. The political environment
and quality of each country's economic management will,
therefore, continue to be crucial factors differentiating the
creditworthiness of the eight rated Caribbean countries."
Praising the Bahamas, S&P said: "Political stability, wide-
spread consensus on major economic reform, established
democratic institutions and a strong judicial system underpin
.the Bahamas' track record of economic stability and pros-
perity, which is bolstered by generally prudent fiscal policy
and a steady monetary stance."
S&P added that the Bahamas' fiscal policies "by and
large" bolstered its sovereign credit rating despite acknowl-
edged structural weaknesses.
It added: "In the Bahamas, limited fiscal flexibility stem-
ming from both the narrow tax structure and the country's
infrastructure needs constrain the sovereign's rating, albeit
at the relatively high level."


forward to receiving your


Interested? We look
application.

UBS (Bahamas) Ltd.
Human Resources
P.O. Box N-7757
Nassau, Bahamas


PUBLIC NOTICE
INTENT TO CHANGE NAME BY DEED POLL
The Public is hereby advised that I, DR. PATRICIA LORRAINE
PRATT-MARSHALL of 8156 Waterford Circle, Memphis,
Tennessee, 38125, United States of America and formerly of
16 Moonshine Drive, P.O. Box N-4091, Nassau, Bahamas,
intend to change my name to DR. PATRICIA LORRAINE
PRATT. If there are any objections to this change of name
by Deed Poll, you may write such objections to the Chief
Passport Officer, PO.Box N-742, Nassau, Bahamas no later
than thirty (30) days after the date of publication of this notice.


- V





-I


.1.
44


I


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BUSINESS


r"'

S:r
r


- c..;


I








THE TRIBUNE BUSINESS


WEDNESDAY, APRIL 12, 2006, PAGE 9B


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Contract Bridge

By Steve Becker

When to Violate a Sacred Rule


East dealer.
Both sides vulnerable.
NORTH
J10 8 5 2
VQ3
+AKQ10
+107
WEST


AAb


+3
VAKJ9762
S954


+AQ


- Vi


SOUTH
+AKQ74
V108 5


EASt
+96
V4
S8-7 6 3 2
+9 8542


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+K J 63
The bidding:
East South West North
Pass 1 + 4 4 4
Opening lead king of hearts.

A popular way of describing how
poorly a person plays bridge is to say
he sometimes trumps his partner's
ace. While it's not our purpose to
encourage players to trump their
partner's tricks, the fact is that doing
so is not always a cardinal sin.
Take this deal where West led the
heart king against four spades and
continued with the ace. At this point,.
East, our hero, trumped his partner's
ace and returned a club. As a result,
West was able to score his A-Q of


clubs, and declarer went down one. If
East had not ruffed, South would
have made four spades easily.
East's play might not have been
deserving of a Distinguished Service
Cross, even though it did violate the
injunction against trumping partner's
trick. But to his credit, East knew
that this basic principle should not be
followed blindly. He knew that when
the situation demands it, a player is
allowed to deviate as his judgment
dictates.
In this case, East's action was
clearly correct. He could see from
looking at dummy that the defense
could not realistically hope to win
four tricks if West was allowed to
remain on lead with the ace of hearts.
Dummy's diamonds were much too
powerful to rely on passive defense
to produce a favorable outcome. No
harm could come from ruffing part-
ner's trick, and much good might
accrue if West had the requisite club
strength.
The situation would have been far
different if East had held the Q-6 of
trumps instead of the 9-6, in which
case a third round of hearts from
West might prove very beneficial.
But lacking the ability to overruff
dummy, East was well advised to
take matters into his own hands by
-rumph-iF partner's ace.


I TA GET-


9


1


HOW many words of
four letters or more
can you make from T
the letters shown
,here? In making a
word. each letter may
be used once only.
Each must contain the
centre letter and there
must be at least one
nine-letter word. No I
plurals or verb forms
ending In "s", no words with initial capitals and no
words with a hyphen or apostrophe permitted.
The first word of a phrase is permitted (e.g. inkjet
in inkjet printer).


TODAY'S TARGET
.Good 31; very good 47; excellent 62 (or more).
Solution tomorrow.


CRYPTIC PUZZLE


ACROSS:
8 Taken advantage of, Is made to act
as a bearer (3,4)
9 Progressively making the guard a
friend (9)
13 l-suited for, being outofshape (5)
14 Including a date in your plans (5)
15 Book to takeyourtrip (7)
16 A scream- t's a murder(7)
17 Not that it's erribly hot atthe end of
summer (5)
18 Orderthe womanabout-an old
Greek (5)
20 Records as a pointInhecomeback
fight (5)
22 Prompt at lunchtime, the man
entered (2,4)
23 Time aftertime, the quarry trapped
is attractive (6)
25 Umit, when you defraud, to
a penalty (7)
27 The car swerved by the outhouse
and ran Into It (7)
30 Got one's own back on the agent,
with the assistance of (6)
31 A dog following another
with a ball (6)
32 When taken back into the light, you
see the name (5)
35 A man of the cloth (5)
36 Again, 1 left it open (5)
37 As opposed to the teller (7)
39 Scolding for playing with a skipping
rope Inside (7)
41 What expressed your gratitude In a
letter (5)
42' Back massage mother got
somewhere abroad (5)
43 And shooting grouse, anyhow, is
risky (9)
44 Lets out and puts the car in the
shade (7)


YESTERDAY'S CRYPTIC SOLUTIONS
ACROSS: 1, Ba-N-jo 6, State 9, Aler-
ty 10, Be-ar-d 11, Ur-G-es 12,
Gnome 13, Pl-lot-Ed. 15, Hot 17, Ral-
N 1 Celer-y 19, Smear 20, Sh-ln-e'
22, Some (sum) 24, So-D 25, Don-
ated 26, Licit 27, Carol 28, Catty 29,
Flotsa-M 30, Feste 31, P-lan-o
DOWN: 2, AM-lla 3, Jar-gon(-e) 4,
Old 5, Grand 6, Slumber 7, Tyre 8,
Tre-mor 12, Ger-ms 13, Press 14,
Uvid 15, Helot 16, Typed 18, C-abot
19, SE-ville 21, Horace 22, Sal-aml
23, (Mrs) Merton 25, Ditto 26, L-oft
28, Cap


DOWN
1 Sorry for, but the herb had flu on the
run (6)
2 They word give you a look in? That's
the endl (8)
3 Being persuaded by, on visiting (6,5)
4 Emphasise that it's what Fleet Street
used to be (5,4)
5 And excited about the day in France,
put it off (7)
6 A cheep alarm dockl (4,6)
7 The staff put their money
together (4)
10 It may contain water for the
miniature rabbit (6)
11 The badly stored piano within, gets
rd of (7)
12 A small platter? Wrong (6)
19 Says something crossly when you
say "Put in writing" (7)
21 Do well to get about a
quarter right (7)
24 How one knew straight away you are
Irritated by? (4,7)
26 OK if it's not too cloudy (4,6)
28 Taking time to ring us:
it's Important (9)
29 Fighter who's creating a splash (7)
30 Tum to Where to go for your
holiday" (6)
32 Mulish to the end-that way by
nature (8)
33 The girl at the tall end, as usual (6)
34 Do as the others do at
study class (7)
38 Back to home and the dull routine,
became sour (6)
40 Have fun when you portray (4)


YESTERDAY'S EASY SOLUTIONS
ACROSS: 1, Cheap 6, Peals 9,
Foraged 10, Cleft 11, Rinse 12, React
13, Locales 15, End 17, Away 18,
Engage 19, Leant 20, Global 22,
Cede 24, Eb, 25, Smaller 26, Belly
27, Stair 28, Avail 29, Rapture 30,
Drool 31,Tried
DOWN: 2, Hollow 3, Affray 4, Pot 5,
Hades 6, Per cent 7, Edit 8, Losing
12, Rebel 13, Large 14, Carol 15,
Easel 16, Deter 18, Enemy 19, Lateral
21, Letter 22, Clever 23, Decide 25,
Slate 26, Biro 28, Art


__~ im


1 2 3 4 5 6 M7
8 9
10 11 12
13 14 15

6 -17 18 1

21 22 23
24


30 31 I 32 33
34
36 3 36 I37 38

39 40 41 42

S 43 1 3 1 1B


ACROSS
8 Football official (7)
9 Sets off (9)
13 Planet (5)
14 Scandinavian (5)
15 Mountaineer (7)
16 Allow (7)
17 Watch band(5)
18 Savoury jelly (5)
20 Helicopter blade (5)
22 Love apple (6)
23 Victor (6)
25 Old soldier (7)
27 Tummy (7)
30 Female parent (6)
31 Spanish dance (6)
32 Male duck (5)
35 Stealing (5)
36 Atlantic, say (5)
37 Spectacles (7)
39 Greek restaurant (7)
41 Eskimo house (5)
42 Hand covering (5)
43 Stammered (9)
44 One more (7)


DOWN
1 Subtract (6)
2 Newspaperman (8)
3 Primitive (11)
4 To party (9)
5 Surgical pincers (7)
6 Free enterprise (10)
7 Doing word (4)
10 Seem or look (6)
11 Take for granted (7)
12 Dealer in
foodstuffs (6)
19 Cure for all ills (7)
21 Playhouse (7)
24 Forte (6,5)
26 Body of voters (10)
28 Now and then (9)
29 Boarding place for
dogs (7)
30 Change in form (6)
32 Chequers (8)
33 Follows (6)
34 Finds (7)
38 Short fall of rain (6)
40 Prohibition (4)


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I CHE~SS byLeoardBaren


Kidambi Sundararajan v Jessie
Gilbert, Gibtelecom Masters,
Gibraltar 2006. Surrey medical
student Gilbert
19, is Britain's leading young
female talent and has already
represented England women in
international competition. In
today's diagram she scores one of
her best victories so far, a win over
a master ranked number nine in
India, a strong chess nation. When
meeting a much higher rated
opponent, the best strategy is
usually to mix it up and aim for
unbalanced tactical positions.
Gilbert chose the aggressive King's
Indian Defence I d4 Nf6 2 c4 g6 3
Nc3 Bg7 and went for an attack on
White's castled king. Here as Black
(to play) she has rook and pawn for
two knights, and as often happens

CHESS


8095



6

a a




a b c d c f g h

with this imbalance the knights lack
coordination. Black's g7 bishop has
gone to the strong central square d4
and she has opened up the h file for
her queen and rooks. Can you find
how Black forced resignation in just
two moves?
LEONARD BARDEN

SOLUTIONS


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pue +gqq8 og a3uaoap ou M pmu6FlS aaM.M
pus irMO EW AZI M iE lX"' :S uqgitps SSSI3


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Tribune

Horoscope


By LINDA BLACK .


WEDNESDAY,
APRIL12

ARIES March 21/April 20
When it comes to a business decision
early in the week, Aries, you have to be
patient. You're not the one in control
here, and pressuring the person who is
in will make you look desperate.
TAURUS April 21/May 21
Your stubbornness can be your
downfall when it comes to dealing
with loved ones this week. While
you should go after what you want,
don't ignore those close to you.
GEMINI May 22/June 21
You have an easy week ahead of you,
Gemini. So, enjoy yourself. Try to
relax, and have a good time. You cer-
tainly deserve it. Go out with a close
friend and have a lot of fun.
CANCER June 22/July 22
You become the center of atten-
tion when you share good news
with those closest to you early in
the week, Cancer. Don't be embar-
rassed, you deserve the spotlight.
A loved one asks for advice.
LEO July 23/August 23
Keep your opinions to yourself when
talking with co-workers early in the
week, Leo. These people won't appre-
ciate your point of view. Let them say
what they want.
VIRGO Aug 24/Sept 22.
You're on pins and needles as you
wait for an important package this
week. Don't get yourself all worked
up over this. No matter what the
outcome, you're going to be okay.
LIBRA Sept 23/Oct 23
Try to help close friends when they
get into an argument early in the
week, Libra. It will take some effort
on your part to get these two talking
again, but you certainly are up to it.
SCORPIO Oct 24/Nov 22
Don't let your ego get the best of you
when you receive accolades this
week, Scorpio. You deserve the
praise. But don't let the attention go
directly to your head.
SAGITARIUS- Nov 23/Dec 21
You have quite a lot of work to do
this week, Sagittarius, so don't get
distracted by those around you.
You need to stay'focused.if you
hope to accomplish anything. Set
your priorities, and work diligently.
CAPRICORN Dec 22/Jan 20
Don't back down when an acquaintance
challenges your authority. You are in con-
trol of this situation and you know that
you're doing the right thing. Your roman
tic interest calls it quits, but you'll survive.
AQUARIUS -Jan 21/Feb 18
Be careful when a friend offers you
an interesting opportunity this week,
Aquarius. This person isn't telling
you everything that you need to
know. Get all of the facts.
PISCES Feb 19/March 20
Don't turn your back on a friend who
is in trouble early in the week. While
you have a lot to do, this person
really needs you. So take the time to
help him or her.


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PAGElOBWEDNSDAY APRL 12 200 TRIUNEOPORT
_ I ___I _II_ Y___ ___U__Y YYI~L-S.


Students and officials are




thrilled with Tonique's gesture


* By BRENT STUBBS
Senior Sports Reporter
IT'S not every day that
Bahamians get an opportunity
to meet quarter-miler Tonique
Williams-Darling.
So when she came home to
officially launch her TWD grant
on Monday, she wasn't sur-
prised at the warm reception
she got from both members of
the screening committee and
students at the office of Diane
Phillips & Associates.
Tonique announced that
every time she runs under 51
seconds in the 400 metres at an
international meet, she will
make a donation of $500 to a
local charity.
She opened the grant with
$1,000 from her performances
at the recent XVIII Common-
wealth Games in Melbourne,
Australia where she ended
up with the silver medal in the
400.
Kimberley Miller, a 16-year-
old 12th grader at Dame Doris
-Johnson Secondary High
School, said she was taken
aback by Williams-Darling's
gesture.
"She seemed like someone
who is not selfish, someone
who is willing to give to the less
fortunate," said Miller, who is
hoping to become a police offi-
cer in the future.

Friendly
"She's also very friendly too.
She approached me and asked
me why I was joining the force.
I thought that was very nice of
her."
Reno Johnson, a 16-year-old
student at CV Bethel Sec-
ondary High, said when he got
to talk to Williams-Darling, "It
seemed like I knew her for a
while."
As for her gesture, Johnson
said "it's good to see her mak-
ing an impact in other people's
lives."
Inspector Sandra Miller, who
accompanied the students to
the press conference with ASP
Elaine Sands, said when she
heard what Williams-Darling
was doing, she was even more
excited to meet her.
"I thought it was an excel-
lent idea, to see that an athlete,
who has done us so proud, want
to share with the young people
and the local charities as she
gives back to the country," she
said.
"I was even more pleased to
hear how (the late) Keith Carey
(her initial coach) motivated


: .

ASP Elaine Sands and Inspector Sandra Miller meet with Olympic and
World champion Tonique Williams-Darling at a press conference on Monday.


her. It's really good to see how
she has progressed through his
help."
Miller, a track and field fan,
said she's been glued to the
television watching how moti-
vated Williams-Darling was in
her races at both the Olympic
Games and the IAAF World
Championships.
"I always admired that in her.
You don't need people to moti-
vate you. You can motivate
yourself. Tonique is very good.
I'm really, really proud of her."
Dario Brennen, also a 12th
grader from Dame Doris John-
son, said, "I think-what she's
doing is very good because
most teenagers my age are
interested in her and, by doing
that, she is showing them that
after they reach so far in sports,
they too can give back to our
community."


Members of the screening
committee were just as thrilled
to have met Williams-Darling
just as they were of the oppor-
tunity to work with her.
Lisa McCartney, who attend-
ed St. John's with Carey, said,
"I've always been an advocate
of young people giving back to
the country, so I was pleased
to have been asked to work on
this community."
Having her first opportunity
to personally meet Williams-
Darling, McCartney, the newly
crowned Bahamais Chamber of
Commerce Entrepreneur of the
Year, said, "I love her vision, I
love her concern for our com-
munity and I'm even more
proud of her now that I had a
chance to sit down and talk
with her. I have a wonderful
feeling of pride."
Robin Brownrigg, the presi-


dent of the Bahamas Realty,
said he's hugely involved in
charitable organizationss
through his role with Rotary.
But, he said, "I'm willing to
do whatever I can to help her
with her cause and I congratu-
late her being who she is and
also wise enough to be able to
give back to he'r community."
Brownrigg,. added that he
"wondered how a person so
beautiful and so petite could
run so fast."

Athlete
"Being an athlete all of my
life, I just stood and marvelled
at her, being recognized as the
fastest woman in the 400 in the
world. I was really in awe."
Boxing official Roger Kelty,
the Director of Educational
Programmes at the Lyford Cay


(Photo: Brent Stubbs)


Foundation, said it was won-
derful to see the way Williams-
Darling has "made such a
splash on the tourism market
and now to come home and
make a contribution to chari-
ty.
"She's such an impressive
person, really wonderful. This is
my first time meeting her, but
she's an attractive and a caring
person.
"This idea of giving back is a
way of her showing her grati-
tude. She's an excellent role
model for the young people in
this country."
ASP Sands said, "It's an
excellent programme, but I
really hope that the funds do
go to assisting the development
of the young people getting
involved in positive things and
being deterred fromcriminal
things."


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Whether you pedal slowly or like the wind
Whether you can raise $50 or $5,000

Ride for Hope is your opportunity to do something
inspiring, something uniquely rewarding, to honor
loved ones touched by cancer.

Ride for Hope is a unique event with a meaningful
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one of the most important causesT~i icmm
enhanced cancer care.-for a8ilh.-l proceed b t
the Cancer Caring Center'and i: s,o o Chncer
Society of the Baharnms .. i-: ; ,

Be a part of the great this ts f
those who RIDE FOR9HOPe .:
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RIDE R F 1R
April 29, 2006
Eleuthera,


Bahamas


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T,^ ^ /V


www.rideforhopebahamas.com


Volleyball federation



pays tribute to 'sporting



giant' Garnet Lockhart


a By KELSIE JOHNSON
Junior Sports Reporter
THE Bahamas Volleyball Federation
(BVF), along with national team members
of the past and present, has expressed con-
dolences to the family members of a 'sporting
giant'.
Former volleyball stand-out and a mem-
ber of the first male national team, Garnet
'Bang Bang' Lockhart, passed away early Sat-
urday morning after participating in the annu-
al Atlantic Medical Back to Fitness Walk-a-
thon. Lockhart was 63.
The former police inspector was pro-
nounced dead at Doctors Hospital shortly
before 8am, on Saturday.
Speaking on behalf of the BVF, vice presi-
dent Joseph Smith described Lockhart as one
of the founding members of the BVF, a dri-
ving force behind the success of the national
programmes.
Smith said: "The federation is saddened on
this day. Garnet was a leader on and off the
court, a person who exhibited great skills.
"He got the name 'Bang Bang' because of
his hitting ability. He was an excellent hitter
which came through not only in crunch time
but all the time.
"The federation would -like to express
heartfelt condolences to the Lockhart family
in their time of grievance."
The federation had honoured Lockhart and
several members of the first national team
in 2003, presenting the achievers with a
plaque for their dedicated service in the sport.


According to Leonard 'Skinny' Archer, he,
and Lockhart played on the country's first..
national team in 1965, when the team trav-
elled to Jamaica at the Lighthouse Trophies
Series.
After the 1967 games, both Lockhart and
Archer represented the Bahamas at the Com-
monwealth Games held in Winnipeg, Canada,
and again in 1970 in Panama.
Archer said: "I remember Garnet very well.
We went on several national trips together, as
a matter of fact we played on the national
level for many years.

Control
"'He was an excellent hitter, a power hitter
who was always in control of his hits. Garnet
had an all around game, offensive and defen-
sive. He was one of the beginners in the
sport."
Although Archer doesn't venture to the
gyms and the playing fields anymore, he did
say that he and Lockhart kept in touch with
each other. According to Archer, the last
time he and Lockhart spoke was earlier this
year.
Lockhart's introduction to the sport came in
the early '60's thanks to West Indian players
who were working in the Bahamas.
With two teams playing at different venues,
the Oakes Field Park and the Priory Grounds,
the teams eventually joined forces forming
the first volleyball league in the Bahamas:
The movement was then spread to the
implementation of a federation.


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PAGE 10B, WEDNESDAY, APRIL 12, 2006


'TRIBUNE SPORTS-


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WEDNESDAY, APRIL 12, 2006


SECTION


=ME A MRK I O- Ir% L- dU 9C-


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* BASKETBALL
By BRENT STUBBS
Senior Sports Reporter
WITH the Bahamas Bas-
ketball Federation's National
Round Robin Tournament
fast approaching, the New
Providence Basketball Asso-
ciation has had to cut short its
regular season.
The NPBA will now go
directly into the playoffs with
the best-of-three series sched-
uled to start tonight at the
Kendal Isaacs Gymnasium.
The postseason is expected
to be a very competitive one
as teams jockey for a shot at
representing the league in the
federation's nationals next
month.
Heading into the playoffs,
the Wilmac Pharmacy Giants
have clinched the division II
eastern pennant title with a 9-
1 win-loss record, while the
Cable Bahamas Entertainers
.have emerged as the western
divisional pennant winners at
6-2.
In the men's division one
play, the Nil Lil Rockets are
the eastern divisional pennant
winners at 7-1 and the Real
Deal Shockers are the west-
ern divisional pennant win-
ners at 5-2.
Tonight, the Giants will take
on the Quick Kicks Rockets
in the division II opener at 7


a


shot at nation


Teams W L Pet. GB

MEN'S DIVISION H EAST
Wilmac Pharmacy Giants......................................9 1 .900
Coca-Cola Explorers ............................................6 2 .750 2
Sunshine Auto Ruff Ryders......................................6 2 .750 2
Quick Kicks Rockets ............................................... 4 .500 4

MEN'S DIVISION II WEST
Cable Bahamas Entertainers....................................6 2 .750
Real Deal Shockers............................................5 2 .714 1/2
Police Crimestoppers............................. ...........4 3 .571 11/2
Y-Care Wreckers................................................ 2 5 .285 31/2

MEN'S DIVISION ONE EAST
Lil N el R ockets........................................ ...............7 1 .875
Sunshine Auto Ruff Ryders..................................... 1 .875
Coca-Cola Explorers ...............................................6 2 .750 1
Commonwealth Bank Giants ................................... 4 4 .500 3

MEN'S DIVISION ONE WEST
Real Deal Shockers..................................................6 2 .750
Police Crimestoppers..............................................5 4 .555 11/2
Fantasy Wizards .................................. ...... .4 3 .571 11/2
Cable Bahamas Entertainers....................................1 4 .200 31/2


p.m., followed by the Rock-
ets versus the Giants in the
division one feature contest.
Giants' head coach Perry


Thompson said both of his
squads are eagerly looking
forward to playing in tonight's
double header as they attempt


to regain the titles'they pre-
viously held.
Last year, Thompson had a
double dose of defeat in the


finals when his Giants lost the
division II crown to the Shock-
ers and his division one Giants
were beaten by the Fantasy
Wizards.
"We'" probably just as'
evenly matched as any other
team,'' hompson said. "It just
depends on the production
that we get out of the ball
players."
With two squads having the
potential to win it all, Thomp-
son said they just have to
"come out with a game plan
and execute that game plan."
"I feel confident based on
our practices over the past
several days," he said. "We
will go one round at a time
and one game at a time. But
we hope to be there in the
end."
On Thursday, the Cable
Bahama Entertainers will take
on the Y-Care Wreckers in
the men's division II opener
at 7 p.m. with the Real Deal
Shockers facing Cable
Bahamas in the feature con-
test.
And on Saturday, the Coca-
Cola Explorers will meet the
Sunshine Auto Ruff Ryders
in the division II opener at 7
p.m. and the two teams -will
play in the division one fea-
ture contest.
Mario Bowleg, the head
coach of the Ruff Ryders, is
hoping that it won't be a


ias


repeat of what happened wvilh:
his Sunshine Auto Eaidy:
Wreckers in the Womrn[ s
League when they were elim-
inated in the first round.-,
"We've opened up the sba-
son against Coke and that was
our only loss," said Bowleg of
his division one team. "I think
we're on a groove and if we
continue on that same path,
we should be able to move out
of the first round and end up
in the second round and even
get to the finals.
"The series against Coke, in
both divisions, will always be a
competitive one because they
are well seasoned and well
coached by KJ (Kein John-
son). We always seemed to
have a problem with that
team. But I think what, we
have this year, we should be
able to come out of this one
alive."
Not dwelling too much on
what happened with his wom-
en's squad, Bowleg said his
men want to avenge their onli
loss of the, season to the
Explore-rs and so he antici-
pates that it will be a very
good series.
"I think the team that has
the momentum right now will
win the series," Bowleg said.
"That should work in our
favour because, while we were
winning, they were moving
backwards."


Class act Tonique meets with students


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* STUDENTS got a big thrill on Monday when they met Olympic and World 400 metre champion Tonique Williams-Darling. After Tonique officially launched her TWD grant scheme at the office
of Diane Phillips & Associates, students reflected on their meeting with the track and field idol. SEE PAGE 10B (ht t tu )
(Phqot: Brent Stubbs)


Fax: (242) 328-2398


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