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/UF00084249/00504
 Material Information
Title: The Tribune
Uniform Title: Tribune (Nassau, Bahamas)
Alternate Title: Nassau tribune
Physical Description: v. : ill. ; 58 cm.
Language: English
Publisher: Tribune
Place of Publication: Nassau, Bahamas
Publication Date: August 17, 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: VID00504
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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Volume: 102 No.221 THURSDAY, AUGUST 17, 2006 PRICE 750


sections inside


iig bust: Bahamian hel


Man among five

arrested after $3.15m

worth of marijuana

confiscated in Jamaica


By RUPERT MISSICK Jr
Chief Reporter
A BAHAMIAN is one of
five persons arrested in a large
drug sting in Jamaica in which
approximately $3.15 million
.., '1I. k' m:t.n.iriu1inn was confis-
cated.
When The Tribune contacted
the head of Jamaica's Narcotics
Division, yesterday, Senior
Superintendent Carlton Wilson,
said he was unable to release
any information on the Bahami-
an as officers were still,in the
process of questioning him.
SThe Jamaica Gleaner report-
ed yesterday that the Bahamian,
was arrested when scores of law
enforcement agents swooped
down on the fishing village of
Old Harbour Bay, St Cather-
ine, searching for a shipment of
marijuana that was destined for
overseas.
S reports are that the search
ended after more than 1,868
pounds of marijuana, packed in'
48 bags, were discovered in an
old fishing boat.
"This is a major transship-
ment point in the illegal
drug/gun trade between
Jamaica and Haiti," said SSP
Wilson.
'The Gleaner-reported that
the officer said he considered
yesterday's success a break-
S through in the smuggling ring,
with the country's Caribbean
neighbours, which came to the
attention of the authorities
more than two years ago.


In the meantime, local police
are also'looking for a number of
persons they believe are direct-
ly or indirectly linked to the
drug ring.
Meanwhile, Assistant Com-
missioner in Charge of Crime,
Reginald Fergus,:n. said that it
was not surprising to have a
Bahamian involved, in such an
activity because of the volume
of drugs that comes to the
Bahamas by way of Jamaica
and Haiti, and the tumultuous
political situation in Haiti mak-
ing it a "playground" for this
kind of activity.
"We find that even from our
intelligence and actual experi-
ence, that this sort of thing is
happening. Drug trafficking is
an internationalcrime and we
are engaging the entire world
in trying to fight this crime that
is afflicting every civilized coun-
try in the world," he said.
The assistant commissioner
said that the police force has
strong contact with Jamaican
officials where most of the crin-
inal organizations in the
Bahamas are represented.
"So it's just a matter of shar-
ing intelligence and through
that venue we are able to assist
in dealing with situations of that
nature," he said.
Police, Mr Ferguson said,
through their intelligence and
drug indicators remain -on top'
of sfispected drug traffickers
and are watching their
SEE page 14


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* By REUBEN SHEARER
THE discovery yesterday
of a middle-aged fisherman
on a boat anchored off Pot-
ters Cay Dock has left close
relatives and friends grieving
and in shock.
Sixty-three-year-old Esdale
"Beenie" Kelly was found
lying in an awkward position
in the cabin of the "Joahnna,"
a small orange and white
commercial fishing vessel that
he occupied. He was discov-
ered by his brother and a
close friend.
According to Sergeant Tou-
ssaint from the Paradise
Island police station, when the
Central Detective Unit went
aboard the body was found in
some water with no signs of
foul play.
When The Tribune arrived,
CDU officers were waiting for
undertakers from Emerald
Ridge Mortuary. This delayed
the process of removing the
decomposing body until
approximately 11.30 am.
Albert Kelly, brother of the
deceased, told:The Tribune
that he heard the news from
Beenie's girlfriend who was
on the boat when he died.
SEE page 14


Mitchell tight-lipped over 'Ninety'


FOREIGN Affairs Minis-
ter Fred Mitchell yesterday
declined to comment on
assertions that he should
move swiftly to extradite
Samuel "Ninety" Knowles to
the United States to face
drugs charges.
This comes after former US
ainbassador Richard Blanken-
ship, in an interview with The
Tribune, said the Bahamas
must live up to its treaty oblig-
ations if it is to be taken seri-


ously as a nation.
He added: "It is time for
some people to face justice.
Justice delayed is justice
denied."
His call for immediate
action from Mr Mitchell came
amid suggestions locally that
the government is trying to
delay making a decision on
Knowles until after the gen-
eral election.
"I don't comment on extra-
dition matters and Mr


Blankenship does not repre-
sent the US," Mr Mitchell
said in a brief interview yes-
terday.
Having exhausted the
appeals process, with the
Privy Council rejecting his
final bid for freedom,
Knowles' fate is now in the
hands of Mr Mitchell, who has
to sign the extradition order.
The Tribune made several
SEE page 14


Prison officer's lawyers yet to make court

argument over constitutional motion


a By NATARIO McKENZIE
NEARLY three months after a stay was
granted on the filing of a constitutional motion
which followed the recommendation that
prison officer Sandy Mackey be charged for
inmate Neil Brown's murder, Mackey's lawyers
say they have yet to argue the issue in court.
Mackey's lawyer told The Tribune yesterday
that they have yet to present their arguments
on a constitutional motion partly because they
have not yet received a copy of the transcript of
the coroner's court proceedings.
Lawyer Dion Smith of the law firm, Lock-
hart and Munroe, noted that the stay, granted
by Justice Jon Isaacs in late May, is still in


effect, meaning that Officer Sandy Mackey is
still a free man. The prosecution did not object
to the stay, he said.
Mr Smith noted that the stay was granted
shortly after a seven member jury had recom-
mended that Madkey be charged with the mur-
der of escaped prison inmate Neil Brown.
This means that Officer Mackey remains
free until there is a decision on his lawyer's
original motion, which was that Mackey's con-
stitutional rights were infringed during the
inquest.
The inquest lasted some six weeks, At the
inquest, Mr Smith had argued that his client
SEE page 14


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PAGE 2, T
' r I I


No danger to



environment



from oil spill


* BY ROYANNE
FORBES-DARVILLE
Tribune Staff Reporter
THE oil spill from a cruise
ship at the Prince George Dock
on Tuesday was minimal and
posed no threat to the environ-
ment according to the govern-
ment.
Port officials have reported-
ly launched an investigation


into the mishap that led to, th
spill and the immediate return
of the Carnival ship "Celebra
tion" to its Jacksonville, Flori
da port.
In a statement issued yester
day, the Ministry of Trans
portation said preliminary
reports conducted by the Roya
Bahamas Defence Forc,
revealed that the spill wa-
"minimal" and that all traces of


'Aailable from Commercial News Providi


the oil have already disap-
peared.
The Celebration reported-
ly spilled 53 gallons of oil after
damaging two engines during
a failed attempt to berth at
Prince George Dock.
"Only a minimal quantity
of oil escaped into the water
and posed no environmental
risk as the oil quickly dissipat-
ed leaving only a light sheen
on the surface of the water
Subsequently, the ship Cele-
bration abandoned its sched-
ule and departed Bahamian
waters," the statement said.
"A comprehensive investi-
gation is now being conducted
into this incident by the Port
Department to fully ascertain
all of the relevant facts," it
said.
The Celebration is expected
to arrive at its port of Jack-


sonville Florida, today.
At 11am on Tuesday, one
of the propellers of the cruise
ship reportedly touched bot-
tom while the vessel was
attempting to dock.

Schedule'

A statement issued by Car-
nival later that day said that
shipboard technicians will con-
tinue to examine the vessel as
it makes the.Gulf crossing, but
that the ship's next voyage is
scheduled to operate as
planned.
A taxi driver said that he,
along with other taxi drivers,
straw vendors and tour opera-
tors watched the incident as
they waited for the ship to
dock.
. "We were waiting all day


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for that ship to come in
obviously we lost a lot of
ey .ike thousands ol
lars because that ship di
dock," he said.
Each passengers has
given a shipboard credit
for the missed call at N
as well as a 25 per cen
count on a future three t(
day cruise, through to De
ber 13, 2007.


Funds to be used for land reform


THE $2.3 million contract between Interna-
tional Lands System and the government:will be
used for the reform and modernisation of land
legislation according to Prime Minister Perry
Christie.
Mr Christie explained that the funds will be
used for the further implementation of the Land
Use Policy and Administration Project
(LUPAP). .
"The general objective of the project is to-
improve the efficiency of land administration
management. whilee preparing modem land pol-
jc\ guidelines and legislation. there\ con-
tributing to the improvement of the use of the
land resource of the Bahamas." he said.


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mon-
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been
of $50
assau
t dis-
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ecem-



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The project consists of three stand-alone, but
interrelated components: land administration
modernisation, land informationmanagement
and national land issues and policy guidelines.
Mr Christie, who is also the minister respon-
sible for lands and the disposition of crown
lands, noted that the government received a
loan from the Inter-American Development
Bank (IDB) in the amount of $3.5 million for the
execution of LUPAP, which has a total cost of $5
million.
The government will co-fund the remaining..
$1.5 nullon. a ..w. ::. .. ..n i
The project offi'i.ill began June, 2005 and will
run tor ihree )earrs


0 In brief

Magician's

'fountain

of youth'
claim

MASTER illusionist David
Copperfield says he has found
the "Fountain of Youth" in the
southern Bahamas, amid a clus-
ter of four tiny islands in the
Exuma chain he has bought for
.$50 million, Reuters reports.
Copperfield insists his archi-
pelago contains the legendary
Waters that bestow perpetual
youth.
"I've discovered a true phe-
nomenon," he said in a tele-
phone interview with Reuters.
"You can take dead klaves,
they come in contact with the
water, they become full of life
again. .. Bugs or insects that
are near death, come in contact
with' the water, they'll fly away."
Copperfield said he has hired
scientists to examine the water's
potential effect on humans.
He as not invited visitors to
drink or swim in the water,

Burglars

raid Sea

Grape,

home

POLICE are investigating
after a Sea Grape resident was
burgled yesterday morning ,
Margo Albury returned home
to find that thye sliding door at
the back of her house had been
smashed in.
An appeal has gone out for
local residents to contact police
with any information on 328-
TIPS.


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PAGE 2, THURSDAY, AUGUST 17, 2006


THE TRIBUNE


177)










TLHECATRIBUNEEWS HURSAAGS 7,20,PGH


o In brief

Dominican

paper cites

fishermen's

discomfort

THE group of Dominican
fishermen who were jailed in
Nassau for a month "cried like
children" because of the terrible
food, discomforts and uncer-
tainty they experienced,
Dominican Today reported.
The report said the Domini-
cans have now returned to their
country via the Las Americas
International Airport.
The. men's ordeal was
explained to the newspaper
Listin Diario yesterday by Luis
Tavarez, who revealed that the
Bahamian authorities confis-
cated the boat Sotavento.
He said the captain, Luis
Alberto Mercedes, had fo pay a
$30,000 fine or serve one year in
prison.
He said that the fishing ship
weighed anchor Puerto Plata
on July 1 and on the third day
arrived in the Bahamas and
began to fish, but after 14 days,
they were stopped by the US
Coast Guard vessel, which con-
tacted a Defence Force ship and
escorted them in to New Provi-
dence.
Mr Tavarez said that at the
time, the Sotavento was holding
almost two tons of seafood. He
said this was confiscated along
with equipment and the vessel.


More mobile
workers
prevalent in
Caribbean

E TRINIDAD
Portof-Spain
WITH construction stagnant
in her native Jamaica, architect
Mandilee Newton left one
island for another taking a
design job in oil- and gas-rich
Trinidad, according to Associ-
ated Press.
By finding a position across
the Caribbean, the bespectacled
Newton, 27, said she managed
to boost her career without
migrating to Europe or North
America like so many skilled
workers from the region.
Workers seeking better jobs
have island-hopped for genera-
tions, but a regional integration
project is making it easier for
professionals. Thousands have
lined up to move under recent-
ly eased restrictions a migra-
tion boost that critics say will
worsen economic disparities.
Before, professionals seeking
to work in another island had to
be hired in advance by a com-
pany that would help them
apply for a work permit a
complicated and lengthy
process that often takes months.
Now, under the new rules for
the Caribbean Single Market
and Economy, an evolving eco-
nomic union that groups togeth-
er more than 6 million people in
12 nations, workers with uni-
versity degrees or other special
skills can register for a certifi-
cate that allows them to move
before they secure a job. Those
allowed under the special skills
provision include calypso musi-
cians, performing artists and
journalists.

Island still

haunted by

Venezuela

jet crash

* MARTINIQUE
Fort-de-France
LE Petit Palais, a seaside
restaurant on the north coast of
this French Caribbean island,
has been closed for a year the
family of the owner in mourning,
according to Associated Press.
The proprietor was Aimee
Valence, a mother of four, who


was one of 152 people from
Martinique killed when a West
Caribbean Airways jet en route
from Panama crashed in western
Venezuela on August 16,2005.
In Martinique, where rela-
tives of the victims attended
memorials throughout the
island Wednesday to mark the
first anniversary of the crash,
people are surrounded with lin-
gering reminders of the loss like
the shuttered Le Petit Palais.
In Martinique, people attend-
ed memorial religious services
throughout the day in honor of
the crash victims. Church bells
rang out simultaneously at 10am.


r__


* By ROYANNE
FORBES-DARVILLE
Tribune Staff.Writer
DEPUTY Prime Minis-
ter Cynthia Pratt said her
reconfirmation to the Ten
Commandments at an inter-
national summit earlier this
week has no bearing on her
stance on the death penalty.
Mrs Pratt told The Tri-
bune yesterday that despite
her personal convictions, the
law of the land should
always be carried out.
She added, however, that
the law does not necessarily
contradict the command-
ment against killing in the
case of state-sanctioned exe-
cutions.
"You have a law that says
thou shall not kill that is
when you go out and take a
gun and kill someone, but
that has nothing to do with
the law of the land," she
said.
"Read Numbers 35 you
will see what it says. When
you are talking about some-
one who is being executed,
that is not killing killing is
when you take someone's
life unlawfully; that is what
killing is."
During the 2006 Intena-
tional Summit held at the
Diplomat Centre on
Carmichael Road, Monday
Mrs Pratt was among the
first to sign the Ten Com-
mandments Declaration a
document that is being cir-
culated around the world to
garner support for and pro-
mote Christian morality and
values.
The undertaking is the
brainchild of chairman of the
Ten Commandments Com-
mission Ron Wexler and pas-
tor of Bahamas Faith Min-
istries Dr Myles Munroe.
Mrs Pratt explained that
too often, persons confuse
the responsibility of the state
with that of the church.
The commission is seek-
ing to speak out against a
United States Supreme
Court order which mandates
the removal of the Ten
Commandments from all
public buildings and estab-
lishments in the country.
The Bahamas' involve-
ment in the declaration is
extremely critical because
most political decisions
made by the United States
affect the Bahamas, said Dr
Munroe during the summit
"The Bahamas is a
blessed country; because of
our constitutional commit-
ment to God. We are not
lucky. The Bahamas right
now has signed some of the
largest investments in the
western hemisphere and it's


U CYNTHIA Pratt signing the declaration


not because of our genius, no
one in our government is that
smart," Dr Munroe said.
Mrs Pratt said:"I want to
assure you that as long as I am a


part of a government of the,
Commonwealth of the Bahamas.
I stand with you, sir, and we shall
observe the Ten Command-
ments in this country.".


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THURSDAY, AUGUST 17, 2006, PAGE 3


THE TRIBUNE


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PAGE 4, THURSDYRAUGUSTT17, 006 THE TRIBUN


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


US and Bahamas relations slipping


IN SEPTEMBER Foreign Affairs Minister
Fred Mitchell assured Bahamians that there
was no deterioration in the relationship
between the Bahamas and the United States.
"There is often what I consider to be a lot of'
idle speculation, and gossip, ill-informed mis-
conceived, mischievousness about the question
of relations between the United States and this
region," he said, "and more particularly the
relationship between the United States and the
Bahamas."
Despite Mr, Mitchell's denials, Bahamians
are growing more uneasy about the positions
being taken by "our man at the UN."
If relations weren't strained over certain
issues and if Bahamians weren't concerned
about that strain why was Mr Mitchell so
cagey about admitting that he had cast the
Bahamas' vote at the UN for the admission of
Communist Cuba to the Human Rights Coun-
cil?
Although the UN vote on this issue was by
secret ballot, there was no reason why each
delegate should not report his vote to the peo-
ple who had sent him to the UN as a matter
of fact, as their employee, Mr Mitchell had a'
duty to report to Bahamians.
The secrecy could only mean that Mr
Mitchell, and the Bahamas government, feared
the damage that could be done to an already
uneasy relationship with its closest ally, the
USA.
Mr Mitchell had harsh words for the FNM
when the Opposition made it clear that gov-
ernment's Cuba vote would return to haunt it.
"Cuba would not have the nerve or the gump-
tion to ask us to vote for them to be on a
Human Rights commission," said Opposition'
Leader Hubert Ingraham.
"Normally," Mr Mitchell replied, "foreign
affairs matters are the united face of the coun-
try to the world, but this is one of several, too
numerous occasions where the side opposite
has broken this convention and given the
impression that we are not united as a country
to the outside world."
Why should the Opposition or the Bahami-
an people be asked to present a lie to the
world? The people leave that to the politicians,
they want no part of it.
The truth is that on this issue the Bahamian
people were not behind their government. And
contrary to what Mr Mitchell would like
Bahamians to believe, in certain important
areas Bahamas-U.S. relations are also tense.
Bahamians are getting tired of the posturing
and many are talking. It has resulted in what Mr
Mitchell has deplored as '"speculation, and
gossip, ill-informed, misconceived and mis-
chievousness." Read the full statement of US
Ambassador John Rood on page 8 of today's
Tribune and discover that this so-called "spec-
ulation" is not so "ill-informed" and "miscon-
ceived" after all.
Even today Foreign Affairs Minister Fred
Mitchell does not seem to be at peace with
Fred Mitchell, political activist, who in 1988


said: "All of us as Bahamian citizens must
become more aware of our nation's foreign
policy, particularly as it relates to the United
States of America."
We know that Fred Mitchell of 1988, if still
here today, would be ranting and raving and
rushing to The Tribune with his press releases
to condemn his alter ego, Foreign Affairs Min-
ister Fred Mitchell, who, over the Cuban UN
vote virtually told the Bahamian people to
"butt out."
As he begins his third year in the Bahamas,
Ambassador Rood gave Bahamians a true
update on the relations of the two countries.
While praising the Bahamas' cooperation in
various joint ventures, he saw areas where he
believed the two countries could "and should be
doing morq and cooperating more closely in
the coming years. For example, in the United
Nations, the strong bilateral friendship we enjoy
is not always reflected in common approaches
to major international challenges."
"Each year," he said, "the State Depart-
ment is required to present a report to Congress
analysing the voting records of countries in the
United Nations. For 2005, we reported to Con-
gress that the Bahamas and the United States
agreed in the United Nations only 11.9 per cent
of the time on issues requiring individual votes.
This has dropped from 39 per cent agreement in
2000. On human rights issues, involving coun-
tries such as Sudan, Iran and Cuba, we agreed
only 16.7 per cent of the time, down from 44 per
cent agreement in 2000. Overall in assessing
the commonality of our voting patterns on these
individual votes, The Bahamas this year ranked
29th of the 33 nations in the Western Hemi-
sphere, down from 16th in 2000. The only coun-
tries in the Western Hemisphere with less com-
patibility were Cuba, Venezuela, Dominica and
Saint Lucia.
"While we recognize," said the US Ambas-
sador, "that Bahamian and US interests are
not always the same, and that on many issues
friends can disagree, I nevertheless believe the
downward trend in the commonality of our
perceptions on important international issues
points to a trend that deserves more of my
attention in the coming years. It simply should
not be that such good friends, who share so
many of the same values, cannot find common
ground in addressing human rights violations,
seeking peace in the Middle East, and promot-
ing global prosperity. Examples I have talked
about before our failures to agree to con-
demn the terrible human rights abuses in Iran
and the Sudan, and our failure to agree to keep.
this hemisphere's only non-democratic country
- Cuba from the Human Rights Council -
highlight the need to work more closely togeth-
er on international issues."
And for its part Bahamians should take the
advice of. Fred Mitchell, the activist, and
"become more aware of our nation's foreign
policy." It might also help if the activist would
give some advice to "our man at the UN" and
get him back on track.


Fire should





have been





fought faster


EDITOR, The Tribune

THE incompetence of our
fire department is almost
beyond belief!
I arrived at the site of the
fire on Mackey Street on Sat-
urday, July 29, immediately
after it had started around
11am. In fact, I alerted the staff
of Fashion Hall clothing store to
the fact that there was a fire at
the western end of the build-
ing. At that point the fire had
not spread beyond the Sun
water producing plant. I stayed
on site until 12 noon. At that
time, four fire units (trucks)
were on site, the fire still was
confined to the Sun water pro-
ducing plant, and the colour of
the smoke had changed from
dark grey to white, evidencing
that water was impacting the
fire. Assuming that all was well,
I left and went about my usual
business expecting to read in
the paper the following day that
fire had occurred at the water
producing plant at Mackey
Street, which would perhaps put
the plant out of operation for a
few weeks.
Imagine my compete shock
and horror to read in your pub-
lication the following day that
the fire having burned all day
and well into the night, com-
pletely destroying almost the
entire building, and in the
process, wiped out, in addition
to the water plant, Discount
Mart store, Fashion Hall, the
Paint Place, and the Deli in
Super Value food store. No


doubt hundreds of thousands
of dollars in equipment and
stock has been lost in addition
to the building itself. Indeed it
appears that the only reason
that Super Value food store was
spared is because it has a sprin-
kler system; no thanks to the
fire department. At that point,
my impression of the fire
department became unprint-
able. Of course, being an astute
observer of local mores, I wait-
ed for the inevitable congratu-
lations on a job well-done to
come from senior officials at the
fire department. I did not have
to wait for long, because by
Wednesday, there it was in
black and white in the newspa-
per. Again, a careful expression
of my utter disgust at this
obscenity would be unprintable
in your esteemed publication.
Prior to the "congratula-
tions", and by way of fire
department excuses, it was said
that during the evening, live
electrical wires hampered the
fire fighters. I find this state-
ment to be incredible, because
when I left the scene at 12noon,
at least one BEC truck and its
crew was on site. Surely they
would have disconnected the
power to the building at that
time. Why else were they there?
To become spectators like me?
It was also said that the fire was


difficult to fight because it was
moving between the ceiling and
the roof. Well, well, well, must
we believe that of all of the
training courses that fire depart-
ment personnel attend, none of
them contain instructions on th?
physical structure of various
types of buildings and the like-
ly behaviour of fires in then,
hence the best way to fight
them?
I also observed during my
hour-long stay at the time of
the fire, that not one of the fire
personnel on site appeared to
be of a supervisory rank,
because I saw no one giving any
instructions, and all of the fire
fighters appeared to be doing
whatever they saw fit to do.
Nonetheless, in spite of this,
everything appeared to be
under control at 12 noon.
Needless to say, no one in the
fire department is deserving of
any form of congratulations
concerning the manner in which
this fire was fought, and its ulti-
mate disastrous results. This
kind of foolishness is why the
third world remains the third
world no matter how many
years come and go. High stan-
dards are not demanded nor
even expected, and people are
congratulated for mediocrity. If
what happened at Mackey
Street is the best that our fire
department has to offer, then
may God help us all.
WELL FORBES
Nassau
August 2006


Many questions after blaze


EDITOR, The Tribune
WHATEVER the Press Liai-
son Officer of The Royal
Bahamas Police has to say as
to the Mackey Street Fire of
Saturday, the facts speak mil-
lions of dollars of damage which
should never have occurred.
The fire was first noticed ear-
ly Saturday morning at Dis-
count Mart surely when the
initial fire truck arrived the fire
was not so engulfed, officers
could have attacked the fire
from inside and externally prob-
ably putting it out.
The fire was basically con-
trolled mid- Saturday afternoon,
but as is previous serious fires
no one was seemingly watching
and the worst of the fire hap-
pened between 6.30 p.m. and
after.


The ZNS TV news reports
suggesting a violation of the
Building Code is total poppy-
cock. We all recall that subse-
quent to the burning of Super
Value, food stores were
required to have very costly fire
sprinkler systems installed and
that Regulation only requires
sprinklers in buildings having a
certain square footage.
Here was yet a further disas-
ter of what is supposed to be a
Fire Service which costs the
general public thousands and
thousands in insurance premi-
ums, because the insurance
houses simply realize a fire in
The Bahamas is basically, a total
loss so the premiums for fire
cover are high.
My remedy to this inade-
quateness of the Fire Service is
that we have to recruit four


highly qualified Fire Marshals
on a contract for 4-5 years, who
will train people until we are
proficient.
We are no.w building high
rises Atlantis Baha Mar and
Ginn. God forbid I am putting
poor mouth on these business-
es, but imagine a serious fire
at Atlantis, on say the 18th
floor? All our firemen could
do is to look and witness alike
we are so used to in past fires
of the Strawmarket, Emerald
Beach Hotel and Asa H
Piitchard, many City Meats
and Super Values. Wake up
Government and Commission-
er of Police.

H HUMES
Nassau
July 31 2006


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THE TRIBUNE


PAGE 4, THURSDAY, AUGUST 17, 2006









THE TRIBUNE


THURSDAY, AUGUST 17, 2006, PAGE 5


0 In brief

Farrington

murder trial:

attorneys

meet judge

PROSECUTION and
defence attorneys in the Cordell
Farrington trial met with
Supreme Court Justice Anita
Allen in a closed session yes-
terday.
Farrington is on trial for the
2002 murder of Jamaal Robbins
in Grand Bahama.
Both sides have already
closed their case and the month-
long trial is nearing conclusion.
Over the course of the trial,
the jury has heard evidence
from police investigators, doc-
tors, psychiatrists and those who
know Farrington well, including
his former girlfriend and a man
who claimed to be his lover.
Earlier this week, the accused
man addressed the court, giv-
ing an unsworn statement from
the prisoner's dock.
Jurors were also allowed to
"see a video-taped confession in
'which Farrington admitted to
'the murder of Robbins.
According to various testi-
imonies, including that of the
accused, Farrington murdered
his friend Robbins at Mallory
Lane, Grand Bahama, in 2002.
Farrington's defence has not
'denied that he committed the
'murder, but called a psychiatrist
to the stand who testified that
Farrington was in an abnormal
state of mind at the time of the
"murder due to various factors.
SDr Michael Neville told the
court that he conducted four
extensive interviews with the
'accused between January and
"March 2004, and found that he
"suffered from paedophilia,
'marked impulsivity, anti-social
'personality disorder and bor-
Sderline personality disorder.
SProsecutors, however, main-
tain that at the time of the mur-
der, Farrington knew right from
wrong. Their expert witness,
psychiatrist Dr Timothy Bar-
rett, said his findings reflected
this.
Farrington is being repre-
,sented by atrorne\ Romona
.Farquiharson
Cheryl Grant-Bethel is the
lead prosecutordin the case.


Grand Bahama school




repairs 'nearly ready'


* By DENISE MAYCOCK
Tribune Freeport
Reporter

FREEPORT Major repairs
and renovations at Grand
Bahama public schools are just
about complete in time for the
reopening of school, accord-.
ing to Ministry of Education
officials in Freeport.
District school superinten-
dents Sandra Edgecombe and
Hezekiah Dean gave an
update this week on the
improvements and progress of
repairs at the 16 schools in the
Grand Bahama district.
Mr Dean, who is responsi-
ble for schools in West and
East Grand Bahama, report-
ed that students at Martin
Town Primary will return to a
new campus with newly built
classrooms and fully renovated
classroom blocks.
He also reported that for the
first time, a pre-school section
at the school will open in Sep-
tember.
A new tuck shop and eatery
has also been built and plans
are underway by the Bahama
Rock company to build a new
basketball court at the school,
Mr Dean said.
"The school has been dev-


stated by the three hurricanes
and at one point it was sup-
posed to be demolished
because we thought the struc-
ture just was not sound.
"But that thought has
changed and they are going to
have a new campus that teach-
ers, students and the commu-
nity can be proud of," he said.
Mr Dean also reported that
four new classrooms were built
at Grand Cay to accommodate
those students using facilities
outside the school.
Major repairs to the East
End schools at Sweeting's Cay,
McClean's Town, High Rock,
and Freetown have been com-
pleted and should be ready for
September.
In West Grand Bahama, Mr
Dean stated that minor repairs
at Lewis Yard, Bartlett Hill
and West End would be fin-
ished in time for opening of
school.
He noted that Eight Mile
Rock High sustained major
hurricane damage to its work-
shops, which are still under
repair.
Mr Dean said he does not
expect any serious problems
in terms of staffing at the
schools in his district.
Mrs Edgecombe, who over-


sees schools in the Freeport
area, was satisfied with the
progress of repairs in the dis-
trict.
"I visited all of the schools
and I am pleased to see the
progress taking place so far,"
she said.
Her only concern was the
delay in replacement for win-
dow louvers at the schools,
which are all being supplied
by one company out of Nassau.
"It would be impossible for
them to have all them in place
in all the schools throughout
the Bahamas and so they
might have problems in that
area, but we are hopeful that
by the end of September all
the windows will be fixed and
in place," Mrs Edgecombe
said.
She said that teacher short-
ages and classroom over-
crowding are challenges every
year at the schools.
"I am pleased to say that
these challenges that existed
.are looking good on paper so
far and several teachers com-
ing into the district have
already arrived, and we are
hopeful that is one challenge I
am sure we might not have to
answer to when school
reopens," she said.


Dolphins'

encounter

JACOB Hurwirz, whose
family lost everything dur-
ing Hurricane Latrina last
year, meets up with one of
the storm's survival stories
the dolphins at Atlantis.
ONE year since Hurricane
Katrina ripped through the
US gulf states, affected fam-
ilies connected with one of
the storm's most amazing
survival stories.
.: Jacob joined 16 other dis
placed families from the
Gulf Coast last week to offi-
cially adopt the dolphins.


Mrs Edgecombe revealed
that they are seeing an increase
in enrollment at the high school
and primary schools in
Freeport.
"We are looking at this to see
how best we can filter students
throughout the system and
accommodate all of them," she
said.
Mrs Edgecombe said the min-
istry is also seeking to hire more
security officers for the new
school year.



Oi 1


THURSDAY, .
AUGUST 17TH


5:30 AM
11:00
noon
12:05
1:00
1:30
2:00
2:30
3:00
3:30
4:00
4:30
4:58
5:00
5:30
6:00
6:30
7:00
8:00
8:30
9:30
10:00
10:30
11:00
11:30
1:30 am


Community Page
Immediate Response (Live)
ZNS News Update
Immediate Response (Cont'd)
Legends: Dr. Tim McCartney
N-Contrast
Bullwinkle & His Friends
The Fun Farm
Bishop Leroy Emmanuel
Tiangello Hill
Dennis The Menace
Carmen San Diego
ZNS News Update
The Envy Life
Andiamo
This Week in The Bahamas
News Night 13
The Bahamas Tonight
Da' Native Show
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Chipman
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Immediate Resonse
Community Page 1540 AM


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THE TRIBUNE


-\(-r, R TI- IRDllAY Al irl I.T 17 P2006


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-
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d"hj


Landmark store closes its doors


THE Gonzales Grocery Store, a landmark on
the corner of Dowdeswell and Deveaux streets,
closed its doors for the last time yesterday.
The store, which was open continuously for 50
years, has been a haven of conversation and social
commentary for many who live in or frequent the
area.
In the days when the Ministry of Education


was located on Shirley Street opposite Deveaux
Street, it was known as "the Black Door
Store" to employees and Tribune staff still fond-
ly refer to the establishment as "the Corer Store".
SPictured above are the owners and associates of
Gonzales Grocery Store (from left): Manfat Stra-
chan, Stanley Wright, Beverly Symmonett, Charles
Pinder, Garth Gonzales and Dave Gonzales.


RD




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Restaurant employees complain about smell


* CRYSTAL
JOHNSON-COLLIE
Tribune Staff Reporter
THREE employees of the
Ocean Club's Dune restaurant
are complaining about a foul
smell that they say managers
have refused to deal with.
The employees claim that the


But management say the
problem has been dealt with


smell comes from sewage that is
leaking into a wall.
However according to the
restaurant's management, the
problem resulted from a build


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up of used cooking grease and
has already been dealt with. It
has nothing to do with sewage.
One indignant employee
claimed that upon receiving
complaints from the staff, man-
agement failed to deal with the
problem, which began in June
of this year.
She claimed that working at
Dune has been a "very mor-
bid" experience since then.
"Management is too lax with
this problem, and we as
employees refuse to work
under these conditions without
informing the public on our cri-
sis," she said. "This ordeal is so
embarrassing, it is unbelievable.
The guests have been com-
plaining about the stench com-
ing from the kitchen and noth-
ing has been done to alleviate
this problem."
The employee claimed mag-
gots have been coming out of
an opening in a leaking wall,
where the smell seems to be
originating.
"The leak and it is very
unprofessional, especially in an
open kitchen where the guests
can glance in and see what is
going on," she said.
Another employee added
that management acted uncon-
cerned about the problem.
"Every time we complain, all
they do is say that they are
going to work on it. Working
on the problem does not mean
putting down cardboard boxes
to prevent the employees from
slipping in the water, it certain-
ly does not mean calling in the
stewarding and engineering
Department to mop up the


mess and spray air freshener to
kill the scent. Working on the
problem means getting it right,"
he said.
"Frankly, management needs
to do better regarding this
problem. They have been
promising to bring a contrac-
tor in and have them pull out
the wall and rebuild it, but I
think that's going to happen in
the Christmas," said a third
employee. "If they are going to
tell us something, tell us some-
thing that means something,
because this problem is a major
health concern for employees
and the guests who bring mon-
ey to the company."

Small
However Andre Bosmer, the
general manager at the Ocean
Club Resort, said he knows of
no continuing problems at the
restaurant and that problems
which occurred in the past were
very small and were immedi-
ately taken care of.
"I am not aware of any prob-
lems at the resort. I do know
that a few months ago we had a
water pipe that had busted in
the restaurant's kitchen, so we
had to open the wall to repair
the pipes," he said.. "More
recently a drain pipe in that
area was clogged and was
immediately repaired."
Another manager told The
Tribune that the hole the
employees referred to may
have been the section of wall
opened up during this repair
job, but that it has since been
closed up.
"A kitchen always undergoes
minor problems and is always
being renovated, but as far as a
sewage problem, we do not
have one," Mr Bosmer.


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THURSDAY, AUGUST 17, 2006, PAGE 7


LCAL


Bazaar owners




celebrate sale




at Royal Oasis


* By DENISE MAYCOCK
Tribune Freeport Reporter
FREEPORT The sale o1
the Royal Oasis Resort is wel-
come news in Grand Bahama
- especially for shop owners at
the International Bazaar.
Chris Paine, operator of Par-
adise Jewels, said storeowners
at the Bazaar are very pleased
about the news of the sale of
the resort in Freeport.
"Obviously, I think all the
storeowners will be very
pleased. It has been almost two
years since the hotel closed and
the hurricanes of 2004," he said.
Mr Paine, who also serves as
vice president of Bazaar Own-
ers Association, said that there
has been quite a drought in cus-
tomers and a substantial exo-
dus of businesses from the
arcade over the last 18 months.
According to latest news
reports, a $40 million deal was
signed on Tuesday for the sale
of Royal Oasis by Lehman
Brothers, the property's mort-
gagee, and World Investment
Holdings of the United States.
The buyers plan to complete
the purchase in next two
months and begin a massive
renovation project, which \vill
include getting the casino and
Towers Hotel open in about
eight months.
The government has not yet
made any official announce-
ment on the sale of resort,
which was also being sought by
the Harcourt Group out of Ire-
land.
The resort, which closed in
September 2004 due to exten-
sive hurricane damage, was a
major loss to the Grand
Bahama economy.
About 1,400 hotel workers


Vendors awaiting official

announcement on

purchase of property


were laid off, resulting in an 11
per cent rise in the unemploy-
ment rate, and a 30 per cent;
decline of the island's room
inventory.
The closure also significantly
affected many business owners
in the nearby International
Bazaar, some of whom were
forced to lay off staff and close
their shops.
Mr Paine reported that about
50 per cent of the businesses
are operating today at the
Bazaar.
"We (at Paradise Jewels)
have been fortunate in that we
have had a lot of support and
business from the local com-
munity, but we have not seen
much from the tourism conI-
munity come here because a lbt
of businesses were closed.
"We (the association) have
had some challenges keeping
the Bazaar going. And, if is
pretty clear how reliant :he
Bazaar was on the hotel vith
1,000 rooms and 1,400 empoy-
ees. So with that being ott of
the equation for nearly two
years the Bazaar has had its
challenges.
"But, certainly, everyone in,
the Bazaar would be phased
over the news. And I an sure
there would be a lot mor iinter-
est in businesses coming back
to the Bazaar over the next few


months with the return of pre-
vious business owners or per-
haps even new businesses.
"I am sure all that will change
and I am also led to believe that
maybe the new owners might
be interested in some form or
another in the Bazaar. Obvi-
ously, the owners will have to
address that issue going for-
ward," he said.
Della Thomas of Island Gal-
leria said she is taking a cau-
tious approach.
"Until something is definite,
signed and sealed, I am taking a
'wait and see' approach because
there has been so much
rumours in the past. But, if it is
true then we will be happy'
about it," she said.
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sale is wonderful news and that
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when tourists return to the
Bazaar.
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cderful news and I think the
quicker it opens up the better
because we are dying up there
at the moment.
"It is good news and I am
hoping they can open as soon as
possible because, it would also
be very nice that people are
going to get their jobs back
hopefully and that's the most
important thing," she said.


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Ambassador Rood reflects





on two years as US envoy


O PINION


* By AMBASSADOR
JOHN D ROOD

WHEN I arrived in the
Bahamas as Ambassador nearly
two years ago, I came to listen,
learn and act. I am grateful to the
people of the Bahamas for their
warm welcome. No matter where
I have travelled, I am made to feel
at home.
So as I mark my second
anniversary in this beautiful coun-
try, I believe I have been able to
listen to the voices of Bahamians
and learn from their insights. As
a result, the partnership between
the United States and the
Bahamas has been strengthened
to the benefit of both our coun-
tries.
Our partnership is perhaps best
exemplified by our outstanding
cooperation in OPBAT, in which
we work together to stem the flow
of drugs through the Bahamas. It
is also reflected in the steady tor-
rent of American visitors to the
Bahamas and Bahamians to the
US, both facilitated by our pre-
clearance, operations. In fact,-
because of pre-clearance, Bahami-
ans can travel to the United States
without a visa the only non-con-
tiguous country to enjoy this priv-
ilege.
Our partnership has been
expanded with close co-operation
on migration. Bahamian RBDF
shipriders now work side-by-side
with US Coast Guard officers to
patrol Bahamian waters for illegal
migrants and drug smugglers
alike. Likewise, when Americans
or Bahamians are in distress on
the high seas, our Coast Guard
works closely with Bahamian
authorities to search and rescue,
.resulting in nii-,. li, ,.. I J each,
year. .
I am immensely -i .:,._ ,I the.
co-operation that has taken root
between the State of Florida and
the Bahamas this past year. Fol-
lowing Governor Bush's Febru-


ary visit, we inaugurated the!
"Classroom Connections" pro-
gramme, which links Florida and
Bahamas schools and promotes
technology training in the,
Bahamas.
We also hosted a visit from the
Florida Secretary of Health that
generated co-operation on cross-
border public health issues such
as epidemic outbreaks: Similarly,
the recent visit of Florida's. Sec-
retary of Environmental Protec-
tion has opened Up co-operation
in environmental regulation of
emerging industries, the respon-
sible development of marinas, and
the protection of fish and wildlife.
The co-operation with Florida
has been supplemented this past
year by the new partnerships
being developed between the
Bahamas and the State of Rhode
Island though the National Guard
State Partnership Programme.
Last week, prison experts from
Rhode Island have been at Fox
Hill Prison, sharing.information
with local officials. In September
Bjhai.ii in firc fChli- ill r.-eive
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disaster planning andtraining pro-
vided in criminal investigations.
The University of Rhode Island
is also exploring possible links


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As the end of his second year as the
US envoy to the Bahamas approaches,
Ambassador John D Rood expresses his
desire to strengthen the relationship so


that both countries can be on the same
page in terms of international relations.
S..


with the College of the Bahamas,
including in-state tuition for
Bahamian students and co-oper-
ative programmes in environ-
mental science, nursing and oth-
ers.
The list of our joint initiatives
and activities could go on -
encompassing trade, tourism,
crime fighting aviation, and envi-
ronmental protection but suf-
fice it to say there can be little
doubt that our bilateral relations
are second to none. For that.I am
both extremely proud of my first
two years here.and grateful to the
Bahamian government for its co-
operation and open communica-
tion.

Friendship
But as in any close relationship,
:,I also see areas where I believe
we can and should be doing more
and co-operating more closely in
the coming years. For example,
iin the United Nations, the strong
bilateral friendship we enjoy is
'ot always reflected in common
approaches to major internation-
al challenges.
'Each year, the State Depart-
ment is required to present a
report to Congress analysing the
voting records of countries in the
United Nations. For 2005, we
reported to Congress that the
Baiamas and the United States
agreed in the United Nations only
11.9per cent of the time on issues
requiring individual votes. This
haslropped from 39 per cent
agreement in 2000.
Qi human rights issues, involv-
ing countries such as Sudan, Iran,
and Cuba, we agreed only 16.7
per ceit of the time, down from 44
per ceit agreement in 2000.
Overall in assessing the com-
monaliy of our voting patterns
on these individual votes, the
Bahama this year ranked 29th of
the 33 rtions in the Western
Hemisphere, down from 16th in
2000. Tie only countries in the
Westernremisphere with less


compatibility were Cuba,
Venezuela, Dominica and Saint
Lucia.
While we. recognize that
Bahamian and US interests are
not always the same, and that on
many issues friends can disagree,
I nevertheless believe the down-
ward trend in the commonality of
our perceptions on important
international issues points to a
trend that deserves more of my
attention in the coming years. It
simply should not be that such
good friends, who share so many
of the same values, cannot find
common ground in addressing
human rights violations, seeking
peace in the Middle East, and pro-
moting global prosperity.
Examples I have talked about
before our failures to agree to
condemn the terrible human
rights abuses in Iran and the
Sudan, and our failure to agree
to keep this hemisphere's only
non-democratic country Cuba
from the Human Rights Council
highlight the need to work more
clbsely together on international
issues.
As I begin my third year as
United States Ambassador to the
Commonwealth of the Bahamas, I
am honoured to represent the.
President and the American peo-.
pie to one of our closest friends
anywhere in the world. I look for-
ward to continuing our co-opera-
tion in combatting drug traffick-
ing, crime, illegal migration, pro-
moting travel, trade and invest-
ment mand building partnerships
with the great states..of Florida
and Rhode-Island.
1 -lso look forward to expand-
ing our co-operation in areas that
reflect our shared and enduring
values of respect for democracy,
human rights, and the rule of law.
Most iniportantly, I look for-
ward to meeting even more
Bahamian people as I travel from
island to island, reading with
school children, listening, laughing
and enjoying time with my old
and new friends in the Bahamas.


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PAGE 8,.THURSDAY, AUGUST 17, 2006


>


THE TRIBUNE










THE TRBNETURDY AGST1,206 PG


MEMBERS of the plan-
ning committee, chaired b
Carolann Albury, director of
the BNGIS Centre, were
selected from'the Bahamas,
Barbados, Guyana, Jamaica,
Trinidad and Tobago and the
US. Seated from left are mem-
bers of the conference com-
mittee Valrie Grant-Harry,
Carolann Albury and
Shantelle Lopez. Standing


from left are Matt Maura and
Duane Miller.
(BIS photo by
Derek Smith)



The Bahamas to host


the GIS conference


HUNDREDS of experts from
the region and around the world
will gather in New Providence
between October and November
for a major geographic informa-
tion technology conference.
The third Urban and Regional
Information Systems Association
(URISA) Caribbean Geographic
Information Systems (GIS) Con-
ference will commence Monday,
October 30, with a number of spe-
cialized workshops.
S It will focus on the effective
application of GIS and other infor-
mation technologies in the
Caribbean.
Prime Minister Perry Christie
will deliver the keynote address
during the official opening cere-
monies on Tuesday, October 31.
Conference participants will also
hear from top executives of
URISA, and there will be 32 com-
prehensive educational sessions
and 100 presentations.
Conference committee chair-
person Carolann Albury said there
are six major objectives of the Con-
ference.
They are: to inform a cross-sec-
tion of Caribbean GIS users about
GIS technology and applications; to
share experiences regarding GIS
implementation and management
issues; to establish new relation-
ships with the vendor/consultant
community; to provide workshops
and sessions that are application
driven and relevant to the
Caribbean community of GIS
users; to assess the state of readi-
ness of national and regional Spa-
tial Data Infrastructures; and to
foster a Caribbean GIS network.
S Topics to be discussed during
the conference sessions include the
' use of GIS in disaster management,
law enforcement, public health and


safety, urban planning, land
resources and land use, coastal
resource management, education,
utilities, business and organisational
GIS all critical to the way for-
ward for the Bahamas and other
countries, according to the gov-
ernment.
Ms Albury said that GIS use is
the "wave of the future" and that
its use will have a far-reaching
impact on future development,
planning and policy issues in the
Bahamas.
She said the government,
through the office of the prime
minister and the Bahamas Nation-
al Geographical Information Sys-
tems (BNGIS) Centre, will focus
on "making this a very exciting con-
ference in collaboration with the
persons from URISA."
"GIS use impacts our everyday
lives, be it in business, disaster man-
agement, mitigation and planning,
land use policy planning, coastal
zone management, tourism, edu-
cation, healthcare, infrastructural
development as it relates to utilities
and new housing developments
and so much more," said, Ms
Albury.
"What the conference will allow
us to do is to really bring it home
on what GIS can do; the various
applications involved with GIS and
growing the GIS community, not
only in the region, but globally,"
she added.
Valrie Grant-Harry, a GIS con-
sultant and conference committee
member, said the conference
should serve as a great educational
opportunity for newcomers to GIS
while simultaneously presenting
new perspectives and s6ilidifying
some concepts for those already
involved in the process.
She said that for over 40 years,


URISA has been the centre for
information exchange among glob-
al professionals dealing with urban
and regional issues.
Mrs Grant-Harry said many of
these issues will be addressed dur-
ing the pre-conference workshops
which will focus on several key top-
ics, including spatial data infra-
structure, planning, policy strate-
gy and implementation, asset man-
agement, planning, strategy and
implementation and GIS pro-
gramme management.
"The GIS committee under-
stands that GIS is relatively new,
especially for this region, and hence
we will have various presentations,
visual aids and other take-away
materials for participants to really
find out more about GIS," she said.
Mrs Grant-Harry said GIS use is
"intertwined in our everyday activ-
ities" and that it impacts a country's
day-to-day activities in ways per-
sons would never imagine.
"It touches us in terms of the
banking sector; it touches us in
terms of determining where new
roads should go or where to re-
route existing roads to avoid traffic
congestion.
Ms Albury and Mrs. Grant-Har-
ry said focus will also be placed on
the many "hot" career opportuni-
ties involved in GIS as there is a
"very big demand" for GIS pro-
fessionals in the Caribbean.
Both said, however, that the
demand for GIS professionals is
not being met due to a shortage of
GIS professionals in the region.
"So that in itself should speak
volumes of the importance of get-
ting the word out there and ensur-
ing that folks get on board and
realise that GIS is an option when
it comes to choosing their careers,"
Mrs Grant-Harry said.


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What will the PLP's arguments




be for the upcoming election?


S election approaches
one has to wonder


what the PLP will put forward
as its case for re-election since it
has abandoned almost all of the


positions it had in the last gen-
eral election.
Sometimes, it is even difficult


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to remember what those posi-
tions were, given that the PLP
has behaved in a way so con-
trary to them. Well, let's remind
ourselves.
"SELLING OUT THE
COUNTRY"

The PLP told the public
that the FNM's
unprecedented $4.5 billion plus
in foreign investments was "sell-
ing the country out". It claimed
that too much land was sold to
foreigners.
In fact, the party even
claimed that the FNM's boast-
ing about creating 40,000 new
jobs was too much focus on the
economy and not enough on
people, as if people would not
be holding those jobs.
Since it came to office the
PLP has prided itself in approv-
ing, not establishing, approving
some $10 billion in foreign
investment. It even boasted
aboht approving 15 per cent
more land sales to foreigners
than the FNM.
Nowadays, investors get extra-
ordinary land give-aways and
generous concessions that the
FNM would not have given.
These days the economy is every-
thing to the PLP, even though it
has experienced jobless growth
for the past four years. It seems


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Z H I V A R G O L A I N G


...


,I
:* i ?-


The PLP used the finan-
cial services laws
passed in 2000 to hang the
FNM. They claimed that those
laws were unconstitutional and
were rushed merely to appease
the Americans.
They led many people to
believe that when they came to
office they would change the
laws in order to relax the high
standards of operation the laws
instituted.
Four years later, not one sin-
gle law has been changed, not
even the Financial Intelligence
Unit Act once declared uncon-
stitutional by then PLP candi-
date Alfred Sears.
Indeed, members of the gov-
ernment who once blasted those
laws now use them as refuge


.; i..
r( *
::- ~I


;;1`
.5.I?7 .:f ,5 ~-,,


9-i V~F


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 Ht I HWtUNE


r/Ault I U, I HUH~bUAY, AUGUST 17, 2006


that foreign investment, including
land sales, are only "selling the
country out" when the PLP is
not in power.
CONSULTING THE
PEOPLE

The PLP promised to
consult the people. To
date, very little of that has hap-
pened. There has been little or
no consultation on free trade
matters, LNG matters or
approving mega investments in
small communities.
Even where it tried to con-
sult, such as on constitutional
reform and the cultural com-
mittee, people seemed disinter-
ested; perhaps because they
believed this it was some type of
gimmick. As election approach-
es, the matter gets even worse,


It seems
that foreign
investment,
including land
sales, are only
"selling the
country out"
when the
PLP is not in
power.


as consultation gives way to
political expedience.
ETHICS IN
GOVERNMENT

he PLP relied heavily
on church sentiments
to win the last election; it parad-
ed itself as committed to God
and high ethical standards.
However, once elected those
ethical standards seemed to
vanish, as scandal after scandal
plagued the party.
SThere was the Sidney Stibbs
saga, the Bradley Roberts affair,
the Harachji money debacle,
the Korean Boat debauchery,
the Edison Key resignation
dilemma and a number of con-
flict of interest allegations.
Both in public and private
affairs many government mem-
bers came under suspicion for
unethical behaviour and the
Christie administration itself lost
its much promoted moral facade.
In fact, PM Christie's Code of
Ethics has now become a big
joke, as it appeared to be nothing
more than smoke and mirrors.
CHANGE THE
UNCONSTITUTIONAL
FINANCIAL
SERVICES LAWS


against claims that The Bahamas
is a jurisdiction of primary con-
cern for money laundering.
BAHAMIAN FIRST

T he Bahamas should be
for Bahamians the PLP
proudly proclaimed during the
election of 2002. However, for-
eign consultants and companies
now rule the day it seems in so
many areas.
The College of The Bahamas
now has a non-Bahamian pres;
ident; the Lynden Pindling
International Airport will soon
be managed by a foreign firm;
the Grand Bahama Port
Authority now has a foreign
chairman; and foreigners will
show us how to fix up our
streets and plan our communi-
ties.
The government signs one
agreement after the other but
with whom? They sign them
with foreigners, not Bahamians.
Sure does rot look much like
Bahamian first to me.
In fact, at least under the
ENM foreign investments led
to more than 40,000 jobs for
Bahamians; not so these days,
as employment creation has
been anemic.
IMMIGRATION AND
HUBERT INGRAHAM

S o there you have it, a
number of the things
that the PLP made an issue last
election. In this upcoming elec-
tion, they cannot be credible
issues upon which that party can
stand; they have back-tracked
on them too much.
So what will be the issues?
Be sure of this, there is one new
issue and one old issue that will
feature. The new issue is immi-


The
government
signs one
agreement
after the other
but with
whom? They
sign them with
foreigners, not
Bahamians.
Sure does not
look much
like Bahamian
first to me.


gration. That is why we see so
much frantic posturing on the
part of the government.
The old issue that will make a
comeback is Hubert Ingraham.
The PLP will try to pounce on
his image, hoping that the mar-
gin of favourability that he
enjoys compared to PM
Christie, according to their
research, will narrow as a result.
It will all make for interesting
times indeed.
THOUGHT FOR
THE WEEK

here is no harm in
changing one's mind or
position but one should be man
or woman enough to acknowl-
edge doing so.
zhivargolaing@hotmail.com


;- .: ..







THURSDAY, AUGUST 17, 2006, PAGE 11


THE TRIBUNE


UN votes unanimously


to extend its Haiti


peacekeeping mission


* UNITED NATIONS
THE UN Security Council
voted unanimously to extend the
UN peacekeeping mission in
Haiti for six months, and urged
its troops and police to help fight
gang violence and promote jobs
for unemployed youths, accord-
ing to Associated Press.
The council on Tuesday con-
demned all human rights viola-
tions and called on all Haitians
to renounce violence.
' It said the mission will be
nade up of 7,200 troops, 1,951
international police officers, and
16 corrections officers to
address the shortcomings of the
Haitian prison system. This rep-
resents a slight increase over
the current mission.
- The UN mission replaced a
US-led force deployed after an
uprising toppled President Jean-
Bertrand Aristide on Februay
,29, 2004. More than 400 people
'died in clashes involving pro-
"and anti-Aristide street'gangs,
police, peacekeepers and ex-sol-
diers who helped oust Aristide.
S Haiti experienced relative
calm after President Rene
Preval's February election.
Since May, however, dozens of
foreigners and Haitians have
been kidnapped and gang fight-
ing has forced hundreds to flee
'their homes in the capital.
The council strongly sup-
ported Secretary-General Kofi
Annan's intention to maximize
the UN force's "crime preven-
tion role, particularly with
regard to the threat of gang vio-
lence and kidnapping."
It asked the UN force to
reorient its disarmament,
demobilisationn and reintegra-
tion efforts to focus on com-
Imunity efforts to reduce vio-
lence. This should include ini-
tiatives to strengthen local
'government and the rule of
'law, and to promote employ-
ment opportunities to former
gang members and "at-risk
youth" in co-ordination with


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the government and donors.
The council also urged Hait-
ian authorities to complete run-
off legislative and municipal
elections as soon as possible.
The successful and peaceful
transition to an elected govern-
ment, with a new president and
parliament. "will give Haiti a








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unique opportunity to break
with the violence and political
instability of the past," it said.
The council said the UN mis-
sion "constitutes a key actor in
the continuing stabilisation of
the county" and in assisting the
government to ensure stability
in the country.





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THE TRIBUNE


PAGE 12, THURSDAY, AUGUST 17, 2006


I


Young people seem

increasingly at risk from

violent crimes. What can be

done to reduce the dangers?
*


c ,at 324-5476 --ii;.- .
Prince Charle. Dr,ive

"With over 2,000 vibrant shades, you're sure to find your mach''


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* By DESTINY ARMBRIS-
TER
TEENAGERS are more
than twice as likely as adults to
be victims of a rape, sexual
assault or robbery, government
statistics reveal.
Over the last decade, accord-
ing to the department of statis-
tics, there has been an increase
in violent crimes against 12 to
17-year-olds.
And according to the depart-
ment of social services, more
than half of all rape victims are
under 18.
The Tribune spoke with sev-
eral teenagers some of whom
have victims of violent crimes
- in an effort to shed some light
on the growing problem and
learn what young persons can
do to avoid becoming a statistic.
All names have been changed
to protect the identity of the
victims.
Rachel said she clearly
remembers her "most danger-
ous moment."
One night, late for curfew,
the 16-year-old grade 12 stu-
dent accepted a ride from a man
claiming to be a taxi driver.
"I was a little drunk, so when
he said the back seat doors were
broken and didn't open, I sat
in front, not really worried," she
said.
But once they got on to East
Bay Street near the Montagu
area, the driver "started touch-
ing my knees and my chest and
demanding money from me,
then asking me how much
would it cost."
Rachel opened the door and
screamed for help.
Fortunately, they were
stopped at a red light and a
woman in a car in the opposite
lane came to her rescue, helping
her get out the car and taking
her home safely.
This past January, Andrea
Rolle was not so lucky. The
high school graduate went out
drinking with friends before


Copyrighted M iat l



^Syndicated Contt



Available from Commercial News Provic

-. .-


- 0 vw- .mo M-


going to a bar alone. That night,
she was raped and almost mur-
dered in the Montell Heights
area.
She met a man in the bar who
asked her to "come chill" with
him in his car.
When. she got in the car, he
drove off and later raped her at
knife-point.
Her sister said that she came
back aftey 2am saying she was
raped and attacked with a knife.
The matter was reported to
police and a man has been con-
victed in connection with the
incident.
"I would have to say that
every unsafe situation I've been
in has happened while I've been
under the influence of alcohol,"
said Denise, a 20-year-old.
"Since alcohol impairs both
your judgment and your reflex-
es, it is safer not to partake in
the habit at all even if you are
21.".
"Alcohol is the deadly ingre-
dient in this mix" agreed Marie
Mortimer, mother of a teenage
rape victim. "Alcohol and drugs
change the ability to make deci-
sions. When a situation goes
bad, drugs and alcohol pro-
foundly affects the victim's abil-


ity to respond."
A female police insp
gave this advice to young
sons: "If anyone tries to
you into a vehicle, fight
with everything you've gdt
don't be fooled because s
one seems nice, Men
abduct women are esser
professionals at this. They
what they're doing and th
guage required to get wha
want done."
Kidnappings are rare i
Bahamas, but they do ha
In September 2003, police
cers arrested a man on ch
of attempted kidnappin
solicitation of a minor, a
14-year old-girl identified
as the man who followed
she walked home, asked h
sex, and then ran after he
One of the teenagers
spoke to The Tribune sai
even if a group of young
sons does decide to drinl
of them should always
sober even if no one i
ving. That way, someone
be looking after the grou
whole.
Young women should a
careful when alone with
friends, as statistics show


in eight out of 10 rape cases,
the victim knows the perpetra-
tor.
t In this day and age, young
persons must also learn to be
Internet safe.
Racquel, a 15-year-old, says
she and her friends refuse to
place the name .of their school
on their Myspace page. "We
don't because if some local man
is on the site and sees the
ers school, it is not difficult at all
to find us."
Although they are common
and used by many teenagers,
social networking sites like
Myspace could put you in con-
tact with unsavory types.
"These people are not your
S friends, and you don't know
them. When you agree to meet
them face to face, you do not
always understand what you're
sector getting yourself into" says Nan-
g per- cy McBride, national safety
force director for the National Center
back for Missing and Exploited Chil-
. And dren in the United States.
some- Experts agree that meeting
who men that you know are older
itially than you or who have tried to
know talk to you about sexual topics
e lan- is a very bad idea.
t they According to the Women's
S Crisis Centre, young persons
in the should stay visible at all times,
ppen. especially when especially on
e offi- foot, especially at night.
barges A spokesman for the centre
g and said suggest sticking to well-lit,
after a well-travelled streets; knowing
d him where you are going and how to
her as get here; and always travelling
ier for with at least one friend, if not
r more.
who A former prison inmate
d that found guilty of incest and rape
g per- said: "Rapists choose their vic-
k, one times based on how vulnerable
stay you look."
is dri- "I have a friend who was
e will mugged right after she went to
p as a an ATM," says Sharon. She said
[lh., it i-. _li, bcti. r to use an
Iso be ATM machine at a 24 hour store
male or a gas station, where there are
's that lots of lights and people.


Public Utilities Commission







JOB OPPORTUNITY FOR A PROFESSIONAL
Chief Accountant




The Public Utilities Commission (PUC) is seeking to employ a
seasoned and competent Chief Accountant to be responsible for
its accounting and financial control systems and policies in
accordance with recognized accounting standards. The suc-
cessful candidate will be a professional with drive, initiative,
excellent interpersonal skills and a range of management,
supervisory and accounting experiences.

Principal Duties: The duties of the post will include establishing
and implementing accounting and financial control policies and
procedures; ensuring the proper maintenance of the internal
accounting systems and records for external auditing; ensuring
the maintenance of the general ledger and the bank reconcilia-
tion statements; and overall responsibility for accounts payables,
receivables and revenue collection.

Qualifications and experience: CPA or equivalent; member of
the Bahamas Institute of Chartered Accountants; experience in
computerized management and financial management systems;
proven skills and abilities in financial and management account-
ing, and billing and collections systems are essential; 10 years
relevant experience in accounting and financial matters.

The PUC offers a very attractive and competitive salary and
benefits package and opportunities for further training and devel-
opment are excellent. Starting salary will be commensurate with
relevant experience.

Interested applicants may deliver or fax resumes to: Executive
Director, Public Utilities Commission, Agape House, 4th Terrace
East, Collins Avenue, Nassau, Bahamas; Fax No. (242) 323-
7288. Applications should be received by 6 September, 2006.


The The growing trend



17 el- of teenagers at risk


I I I I I


40pw 11 4b







THURSDAY, AUGUST 17, 2006, PAGE 13


THE TRIBUNE


Bacardi's latest.




offering may I


be a rum deal


I
I


available from Commercial News providers
-~ --


* MIAMI
BARELY a week after a
Bacardi rum based on a fame
Cuban recipe began arriving in
stores, a rival company selling a
spirit by the same name has
sued to try to pull it from
shelves, according to Associated
Press.
Pernod Ricard USA filed its
federal complaint over Havana
Club rum Tuesday in Delaware,
where Miami-based Bacardi
USA is incorporated. It claims
Bacardi does not have the right
to use the Havana Club trade-
mark in the US and that con-
sumers are being led to believe
the Puerto Rican-produced rum
is actually made in Cuba, as the
Pernod Ricard version is.
Francisco de la Vega, a
spokesman for Pernod Ricard
at its international headquar-
ters in Paris, said Wednesday
that Bacardi is attempting to
keep it from distributing
Havana Club in the US should
the Cuban embargo be lifted.
"They have a dominant posi-
tion," de la Vega said, "and they
want to keep that dominant
position without having to com-
pete."
Bacardi called the allegations
distorted and said it would con-
tinue to ship the product. "We
will defend our brand in the
wake of these inaccurate alle-
gations," company spokes-
woman Patricia Neal said. She
said the product's labelling
clearly indicates it is Puerto
Rican rum.
Perod Ricard, which has its
American headquarters in Pur-
chase, New York, says it could


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have made a version of its
Havana Club rum outside of
Cuba to distribute within the
US as Bacardi is doing but
chose not to because it would
be misleading.
The dispute over the rum
dates back decades and is
entangled in property seizures
during the Cuban revolution,
the trade embargo with the
island nation and US trademark
law.
As Bacardi explains it,
Havana Club rum was devel-
oped in 1935 by a family-owned
Cuban company, Jose Arecha-
bala SA. When Fidel Castro
rose to power, the family's plant
and trademark were seized and
the Cuban government began
producing rum under the
Havana Club label, though Bac-
ardi and the Arechabala family
say it was based on a different
recipe.
Cuba partnered with Pernod
Ricard in the mid-1990s, making
Havana Club available around
the world, though not in the US,
where the trade embargo pro-
hibits it. Bacardi bought the
original recipe and the Havana
Club name from the Arecha-
bala family in 1994 and offered
a rum based on the recipe for
three years until an initial law-
suit removed it from shelves.
The US trademark for
Havana Club was obtained by
Cuba in 1976, but the US Patent
and Trademark Office recently
ruled against government-
owned Cubaexport, saying it
would not renew the registra-
tion.
Richard Maulsby, a








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spokesman for the US Patent
and Trademark Office, said an
appeal on the trademark deci-
sion had not been filed, a pre-
requisite for legal action. Still,
he said, the Havana Club trade-
mark remains registered until
any legal or appeals process is
complete.


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THE TRIBUNE


PAGE 14, THURSDAY, AUGUST 17, 2006


LOA'NW


Drugs bust:

Bahamian held
FROM page one
activities.
"We are usually aware of
who is travelling where and who
is involved and what criminal
groups in this county and others
that they are in contact with in
the Caribbean region.
"But we cannot operate in
isolation. There has to be inter-
national cooperation. If you
look at some of the successes
we have had, we have four or
five nations involved. We are
on top of the situation through
the intelligence that is gleaned,
if not from the Bahamas then
some other capital," he said.
Although officials boast of
taking several "big players" out
of the drug business, Mr Fer-
guson admitted that drug traf-
ficking is such that when "you
cut off the head it spawns
another".
"Someone will always come
in and fill the vacuum because
of the amount of money in this
criminal activity. It entices peo-
ple to take risks so you will find
someone will always come and
try to take over a particular
route or service as the case
maybe," he said.


"BAD


C


0


Fisherman


is found



dead on boat


FROM page one
"Beenie went down in the bottom of the
boat to bail out some water that came in,
and when his girlfriend didn't hear him she
called me to the scene. When I got on the
boat and saw the body I knew that he was
already dead, but there was no blood or
signs of violence."
Mr Kelly told the reporter that he then
contacted police at 9.25 am to report his
findings. Police arrived promptly.
Mr Kelly described the death of his broth-
er as "mysterious" because.he did not have
any serious health problems, other than a
swollen leg "which he Aever sought physi-
cian care for."
He did, however, mention that Beenie
was a habitual alcoholic, and was slowing
down physically.
As CDU officers brought the body inland,


Mario Kelly, the deceased's son, and sister,
Jennie McDonald, cried and consoled each
other.
Mrs McDonald said: "Seeing this for
myself feels like there's a hole in my stom-
ach. The last time I saw my brother was at a
family event in July, and he was complaining
about a stomach problem which we assumed
resulted from him not eating well; but I
would really like to know what happened
here."
Mario Kelly, Beenie's son, added that
family had suggested to his father that he
should move into a retirement home for
better security, but he did not take their
advice.
In addition to his parents, the deceased
was survived by his lifelong female partner,
two children, and four siblings. Funeral
arrangements are expected to be made with-
in the next few days.


HAIR


N


T


DAY'


E


S


T


I


i'"



i3 ,i'


Fred Mitchell


tight-lipped


over 'Ninety'

FROM page one --


FROM page one


S was not aware that adverse
S claims could be made against
S him during the course of the
S proceedings. Officer Mackey
himself gave testimony at the
Sinquest, telling the. court about
his recollection of events that
took place on the morning of
the January 17 prison break.
: According to Mr Smith, no
date has been set for a court
appearance to argue the consti-
tutional issues as he has yet to
receive a copy of the transcript.
of the coroner's inquest into the
" January 17 prison break. With-
i out it, Mr Smith said, neither
S he nor the prosecution would
be able to present their case.
S. "We really can't do anything
:, until we get the full transcript,".
Mr Smith said. Mr Smith said




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that it had been agreed that the.
transcript would be sent to Jus-.
tice Isaacs and then to there'
defence and prosecution. "Wv
thought that we would get it1
quicker if the court requested;
it," he said.
As for Officer Mackey, MtW
Smith said that to this day the,
recommendations of the coro-*
ner's court do not affect him:
and he is a free man,,
"still innocent until proven
guilty".
Attempts for.clarity on the.
situation from the Coroner's
office were unsuccessful up tog
press time yesterday. ,
According to Michael Han'-
na, who represented the interest
of Bettymae Trotman, Neil
Brown's mother, The Tribune
learned that Brown has beedi
buried, although the exact date'
could not be confirmed.
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I


calls to the office of The Attorney
General yesterday to ascertain from
Director of Prosecutions Bernard
Turner what government's next step
will be.
However, calls were not returned
up to press time. .
Knowles is known to have a fol- .
lowing in some over-the-hill areas
and his extradition could cost the
government votes, according to
some political observers.
Now the minister is under grow- ,
ing pressure to act following
approaches to top US officials in
Washington. It is understood that
another former US ambassador to
the Bahamas, Arthur Schechter, is
adding his weight to the extradi-
tion call. "
Mr Blankenship told The Tri-
bune from his Florida home: "The i MINISTER of Foreign
Bahamas has its treaty obligations, Affars Fred Mtche
and it should honour those obligations on a timely basis.
"Mr Knowles has now exhausted the appeals process and
he should be extradited in accordance with our regional treaty."-
He said he could see no reason why the government should,.
not act immediately, adding: "The US expects the Bahamas to".,
live up to its word. We have no reason to expect anything less." -
Mr Blankenship, who says cocaine seizures reached a record&:
high during his two-year tenure as ambassador, wants a quickly,
end to a process which began in his predecessor's time in Nas-I
sau.
Mr Schechter, who left the Bahamas in 2000 after George W,.*
Bush's presidential victory, was quietly proud that Knowles'^
arrest came during his tenure as ambassador and is said to be'>'
eager for extradition to take place.
Knowles, who is held at Fox Hill Prison, hired top legal'
experts from Britain in his effort to avoid extradition. But his,
efforts failed. *1



Prison officer's lawyers yetO

to make court argument

over constitutional motion'
4 vtmoln


~---





THURSDAY, AUGUST 17, 2006, PAGE 15


THE TRIBUNE


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THE TRIBUNE


PAGE 16, THURSDAY, AUGUST 17, 2006


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THURSDAY, AUGUST 17, 2006


SECTION i


business@tribunemedia.net


Miami Herald Business, Stocks, Analysis, Wall Street


'Chinese


Port


Authority functions


Developer

to submit

plans 'at

week's end'


Project at former
Eleuthera Club
Med still trying to
tie down Park
Hyatt as operator;
financing coming
from pre-sales


* By NEIL HARTNELL
Tribune Business
Editor
THE chief investor
behind the proposed resort
development on Eleuther-
a's former Club Med prop-
erty yesterday told The Tri-
bune that he hoped to sub-
mit subdivision plans to the
Government "at the end of
this week or beginning of
next",, acknowledging that
the project was taking time
to come to fruition.
Edward Lauth III, an
investor in EIC Resorts, said

SEE page 4B


* By NEIL HARTNELL
Tribune Business Editor
T he Grand
Bahama Port
Authority's
(GBPA) outside
counsel yesterday
told The Tribune the time may
have come for it to createt
Chinese Wall" between its reg-
ulatory role and private, for-
profit assets, something con-
templated by the 1960 amend-
ment to the Hawksbill Creek
Agreement.
Fred Smith said the Port
Authority had always had "a
very tough balance" to strike
between its functions as a pri-
vate company on the one hand,
seeking to create a profit for
its main shareholders, the St
George and Hayward families,


and its responsibilities as a reg-
ulator, and to the Government,
its licensees and the people of
Freeport.
By splitting off the owner-
ship of private assets, such as
the Grand Bahama Develop-
ment Company, from the Port
Authority's regulatory and
quasi-governmental functions,
Mr Smith said it could be left
to concentrate on its economic
development and profit-mak-
ing role without 'being bur-
dened by its often conflicting
responsibilities.
Mr Smith said: "Perhaps the
time has come that the Port
Authority should look at cre-
ating a Chinese Wall between
its regulatory functions and pri-
vate, profit-making functions.
"Ever since 1960, the
licensees, the Government and


the Port Authority had in fact
saw the need for an evolution,
for the eventual devolution of
regulatory powers from the
Port Authority to what was
described as a 'Local-Authori-
ty'."
The 1960 amendments to the
Hawksbill Creek Agreement
include Clause 4, which allows
for the creation by statute of a
'Local Authority' that can
exercise "powers of local gov-
ernment or administration" in
the Port Authority area.
The key is sub-clause 2 of
this clause, which allows the
Port Authority through a writ-
ten agreement to transfer all
its "rights, powers and obliga-
tions" to this Local Authority.
This, then, effectively paves
the way for the Port Authority
to transfer all its regulatory,


licensing, and quasi-govern-
mental powers to another enti-
ty while maintaining its private,
profit-making interests.
The catch, though, is that
such an agreement between
the Port Authority and a
'Local Authority' must be
approved by at least 80 per
cent of the former's licensees.
This effectively gives a major
say over the Port Authority
and Freeport's future to its
licensees, although thus far
they have shown few signs of
grasping this.
Acknowledging the exis-
tence of this agreement, Mr
Smith said it was a potential
"transfer agreement" that, if
executed, would remove the
Port Authority's "role, respon-
sibilities, duties and power as a
regulator through a legal trans-


fer to a local authority".
"The Port Authority could
then be left to pursue prof-
itability as a private company
without any concerns," he
added.
Of the current debate sur-
rounding the future of the Port
Authority and Freeport in gen-
eral, Mr Smith said: "It is
healthy, and is causing the
licensees to become alert to
their role, it is causing the Gov-
ernment to be more attentive
to the issue, and has caused
the Port Authority to focus on
the duality of its roles."
The Tribune previously
revealed that ownership of the
profit-making assets, such as
the Grand Bahama Develop-

SEE page 6B


Bank's net income up 45.7% to $10.2m high


BANK of the Bahamas International
yesterday said net income for fiscal 2006
had increased by 45.7 per cent to a
record $10.2 million, as it unveiled plans
to open new branches on Cat Island
and southwestern New Providence.
The bank's return on assets for the
year ended June 30,'2006, rose from
1.67 per cent to 2.04 per cent, while its
capital ratio strengthened to 13.72 per
cent.
Bank of the Bahamas International's
stronger capitalisation, with sharehold-
er equity up to $74.8 million at year-
end compared to $44.3 million the year
before, resulted from its $25 million
rights offering in late 2005;1
The rights issue was held to strength-
,en Bank of the Bahamas International's
capital base and enable it to take on
new business resulting from the 40 per
cent asset growth in fiscal 2006.
The capital base was further strength-
ened after year-end through a $15 mil-


lion private placement offering that was
fully subscribed less than a week after it
opened.
Paul McWeeney, Bank of the
Bahamas International's managing
director, said the bank was making a
major capital investment in software,
which would enable it to refocus staff on
customer service, improving operational
efficiency and service quality.
Apart from the branch openings in
Cat Island and New Providence, Bank
of the Bahamas International said its
Miami centre was nearing completion.
During fiscal 2006, it opened a new
branch in Exuma, introduced VISA pre-
paid and gift cards, and became the first
bank in the nation to adopt Check 21
Procedures, allowing for electronic
clearance of US dollar deposits and slic-
ing access to funds from up to 30 days to
three working days.
The bank's share price rose from
$6.44 in July 2005 to $7.49 a year later.


. PAUL McWEENEY


"Barring unforeseen circumstances,
and you have to be circumspect about
that in this global climate, Bank of the
Bahamas International is well-posi-
tioned to approach the new fiscal year
with similar drive and enthusiasm as we
have the last two record-setting years,"
said Mr-McWeeney.
"And for that, we have to thank our
staff, management, directors, customers
and shareholders."
The bank announced its results less
than one month after it was named 'best
bank in the-Bahamas' by the
Euromoney magazine.
"While it is a great honour for Bank
of the Bahamas to be recognized once
again internationally for good banking
practices, innovation and performance,
the greatest satisfaction is in the knowl-
edge that our solid performance trans-
lates into benefits for more than 4,000
Bahamian shareholders," said Mr
McWeeney.


Royal Oasis bidder


plans beach project


By NEIL HARTNELL
Tribune Business Editor

MONEY from south Flori-
da's Cuban-American com-
munity is backing the bid to
acquire Grand Bahama's
stricken Royal Oasis resort,
The Tribune has been told,
with plans for the property's
revamp possibly requiring the
lead group to negotiate with
the runner-up.
A wealthy Cuban-American,
whose identity has been kept a
closely-guarded secret in gov-
ernment and Grand Bahama
Port Authority circles, is
S understood to be bankrolling-
the bid by a Florida-led group
to acquire the resort from
Lehman Brothers.
If successful, The Tribune
S understands that the Florida
group plans to open the
resort's Tower and casino as
rapidly as possible, although
Sources yesterday described as
"an impossibility" the target
of achieving this within eight
months.
An eight-month timeframe
to get the Royal Oasis at least
partially open is likely to be
critical for the Government, as
this would coincide with the
period April-May 2007, when
it is likely to call a general elec-
tion.
Long-term, The Tribune has
been informed that the Flori-
da-led group plans to trans-
form the existing Royal Oasis
properties into a resort that
targets the convention busi-
ness, exploiting the Conven-
tion Tax break that the
Bahamas received from the US


government in return for sign-
ing a Tax Information
Exchange Agreement (TIEA)
with Washington in 2006.
James Malcolm, the Ministry
of Tourism executive in charge
of driving group and conven-
tion business for the Bahamas,
previously told The Tribune he
felt Grand Bahama was ideal-
ly suited as a convention desti-
nation within this nation.
Converting the existing Roy-
al Oasis into a business hotel
could also exploit the devel-
opment of the nearby Sea/Air.
Business Centre.
But apart from transforming
the existing property, the Flori-
da-led group is also mulling
the construction of a new
hotel/casino on the waterfront,
a project that could cost up to
$500 million.
The Tribune understands
that the Hotel Corporation of
the Bahamas is especially keen
on such a development, but the
developers even if they are
successful in acquiring the
Royal Oasis would still have
to purchase the beachfront
land.
That land is owned by Har-
court Developments, the Irish-
based property developer that
already has interests in Grand
Bahama through its Suffolk
Court project, and which is
currently the runner-up behind
the Florid-led group in the bid-
ding for the Royal Oasis.
The Tribune revealed on
August 4 that the Florida-led
group had emerged as the


SEE page 4B


_ II U


11 44 .-110


<4


- I -PT I r


Money Safe.
Money Fast.




NA of ne lIuhhlo(s
INTERNATIONAL
Onire o at
.+ ..anN hA3rd iR ..m







THE TRIBUNE


PAGE 2B, THURSDAY, AUGUST 17, 2006


The rules on fighting money laundering


BOTH large and small
financial services businesses
should be aware of the anti-
money laundering regulatory
requirements for financial insti-
tutions under the Financial
Intelligence (Transactions
Reporting) Regulations 2001
("the FITRR").
The FITRR, which came
into operation on January 26,
2001, requires financial insti-
tutions to establish and main-


tain the following:

1. Identification procedures
that require compliance with
Part II of the Financial Trans-
actions Reporting Act 2000
and the Financial Transactions
Reporting Regulations 2000.

2. Recordkeeping proce-
dures in compliance with Part
IV of the Financial Transac-
tions Reporting Act 2000 and


the Financial Transactions
Reporting Regulations 2000.

Regulation 5 of the FITRR
requires financial institutions
to institute and maintain inter-
nal reporting procedures that
include the following:

(a) Identification and
appointment of a Money
Laundering Reporting Officer
(MLRO), who should be reg-


istered with the Financial Intel-
ligence Unit (FIU) and to
whom a report is to be made of
any information or other mat-
ter which comes to the atten-
tion of an employee and, in the
opinion of that employee, give
rise to a knowledge or suspi-
cion that another person is
engaged in money laundering.

(b) A requirement that con-
sideration of such a report be
considered by the MLRO in
order to determine whether or
not the information or other
matter contained in the report
does give rise to such a knowl-
edge or suspicion.

(c) Ensure that the MLRO
has access to any other infor-
mation which may be of assis-
tance to him in considering the
report.

(d) A requirement that the
MLRO disclose to the FIU,
relevant agency or to a police
officer, the information or oth-
er matter contained in a report,
where the MLRO knows, sus-
pects or has reasonable
grounds to suspect that a per-
son is engaged in money laun-
dering.

(e) The identification and
appointment of a senior officer
as a 'compliance officer', who
will ensure that a regulated
institution is in full compliance
with the laws of the Bahama,

Where appropriate, tl
duties of the MLRO may al:
be carried out by the comph
ance officer.
Regulation 6 requires that a
financial institution take appro-
priate measures from time to
time to ensure that all relevant.
employees are trained and
made aware of:

(a) The provisions of the
Financial Intelligence Unit Act
2000, the Financial Transac-
tions Reporting Act 2000, the
Financial and Corporate Ser-
vice Providers Act 2000, the
Proceeds of Crime Act 2000,
the Financial Intelligence


Legal

Ease



(Transaction Reporting) Reg-
ulations 2001, and any other
statutory provision relating to
money laundering.

(b) The procedures main-
tained by the institution in
compliance with the duties
imposed under these regula-
tions.

The financial institution
must provide all relevant
employees, from time to time
Sand at least once a year, with
the appropriate training in the
recognition and handling of
transactions carried out by, and
on behalf of, any person who
is, or appears to be engaged,
in money laundering.
Training must also be given
to all new relevant employees
as soon as practicable after
their appointment. Employees
must have access to any infor-
mation that may be relevant
in determining whether any
person is engaged in money
laundering.
An anti-money laundering
policy and anti-money laun-
dering handbook, which out-
line the appropriate policies
and procedures for the identi-
fication, risk management, con-
trol and prevention of money
aundering, are important com-
pliance tools in ensuring the
proper recognition of the legal
and regulatory obligations of
a financial institution by its
stakeholders, and employees,
in minimising and combating
money laundering and other
risks.
It is advisable that proper
documentation of anti-money
laundering training be made
by way of registration of atten-
dance and/or Certificates of
Attendance issued to partici-
pants, with copies of such
attendance, duly recorded in
the employee's personnel file.


A Money Laundering
Reporting Officer Confirma-
tion form certifies, on an annu-
al basis, whether senior man-
agement and employees had
any cause to know or suspect
money laundering activities by
their clients, that they have
reported any suspicion of mon-
ey laundering to the MLRO,
and that they have re-read and
understand the anti-money
laundering handbook. This is
another compliance tool in
assisting employees in recog-
nising and carrying out their
legal and regulatory obliga-
tions with regard to money
laundering prevention.
Under Regulation 8, a finan-
cial institution carrying on
business without complying
with the requirements of the
FITRR shall be guilty of an
offence, and shall be liable on
summary conviction to a fine
of $10,000; on conviction on.
information for a first offence
to a fine of $50,000; and for a
second or subsequent offence,
to a fine of $100,000.
In proceedings for an
offence under the FITRR, it
shall be a defence to prove that
a financial institution took all
reasonable steps and exercised
due diligence to comply with
the requirements of the Regu-
lations.
NB: The information con-
tained in this article does not
constitute nor is it a substitute
for legal advice. Persons read-
ing this article and/or column,
generally, are encouraged to
seek the relevant legal advice
and assistance regarding issues
that may affect them and may
relate to the information pre-
sented. 2006. Tyrone L.E.
Fitzgerald. All rights reserved.
Tyrone L. E. Fitzgerald is a
practising attorney in the
Chambers of Fitzgerald &
Fitzgerald. Should you have
any comments or enquiries
regarding the content of this
article, you may contact Mr
Fitzgerald at Suite 212, Lagoon
Court Building, Olde Towne.
Mall at Sandyport, West Bay
St., P. O. Box CB-11173, Nas-
sau, Bahamas


A leading Hedge Fund Investment Manager in Global Emerging Markets is
currently seeking to employ highly motivated and organized individuals for its
expanding team. Both positions require sound knowledge of accounting principles and
practical experience with Access software.

Fund Administrator:
To be the in-house liaison between the Investment Manager and local
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within a timely fashion and with a high level of accuracy, while at the same time
maintaining a dynamic portfolio using Access software.

Qualifications:
* A Bachelor's degree in Accounting, Finance, Economics or Professional
Accounting designation
* Affinity with investments and figures
* A team player, able to cope with individual responsibilities
* Highly accurate and excellent communication skills
* Experience in the financial arena or at a fund administration firm is an advantage

Settlements Officer:
Responsible for liaising with counterparty brokerage firms and custodians to settle
international trades of equities, fixed income products and derivatives. To ensure that all
trading activity concludes by the predetermined settlement date.

Qualifications:
* A Bachelor's degree in accounting, finance, economics or professional accounting
designation
* Affinity with investments and figures
* A team player, able to cope with individual responsibilities
* Highly accurate and excellent communication skills
* Experiencein the financial area or at a fund administration firm is an advantage

Please e-mail your resume to hr@gem.bs


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A prominent rapidly growing New Providence,

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important position of Sales Division Manager. /

The candidates for the position should have the
L 5.M


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* Must be Bahamian.

* No less than 5 years experience in Sales.

* Good organization skills

* No less than 3-5 years of Management

Experience ,

* Willing to work in the field and travel.

* Familiar with trade accounts in New

Providence and the rest of the Bahamas.

* Must be computer literate with a command of

Microsoft Office.

* Must be able to develop sales analysis reports

s& answer correspondence

* Associates or Bachelors Degree wouldbe

beneficial.



Applicants can mail their resumes to:



Attn: VP of Marketing

P.O. Box N-131

Nassau, Bahamas


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following credentials.


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THURSDAY, AUGUST 17, 2006, PAGE 3B


THIIF TRIRI INF


Business community



hopeful on Royal Oasis


* By CARA BRENNEN
Tribune Business
Reporter
THE Grand Bahama busi-
ness community is anxiously
awaiting the conclusion of the
Royal Oasis resort's sale,
which will provide a much
needed shot in the arm for the
island's economy.
With reports suggesting that
a sale may be imminent,
Doswell Coakley, president of
the Grand Bahama Chamber
of Commerce, said the busi-
ness community was hopeful
that Prime Minister Perry.
Christie will be true to his word
that the deal is "still very much
alive".
Rumours
Mr Coakley added that there
have been various rumours on
the island regarding the sale,
but said that regardless of how


it is achieved, all areas of
Grand Bahama will benefit.
"We heard some rumours,
but anything is good news as
far as Royal Oasis is con-
Scerned," he said.
Commerce
"The Grand Bahama Cham-
ber of Commerce looks for-
ward to the final announce-
ment that the sale is finalised
and to the commencement of
renovation. It will create quite
a bit of jobs and spin off entre-
preneurial opportunities for
the entire island."
Mr Coakley said it was antic-
ipated that once the deal was
closed, the hotel would be
ready to re-open six to eight
months from the final signing.
He hoped the property's
new owners had the where-
withal to ensure the hotel will
be beyond the standard of the
former site, and become a


Stuart to take over

as executive director

of Bahamas Out Islands

Promotion Board


A 20-year veteran of the
Bahamas Tourist Office
(BTO) system will replace
Kerry Fountain as executive
director of the Bahamas Out
Islands Promotion Board.
Anthonv Stuart has
worked in Bahamas Tourist
Offices in Montreal and
Toronto in Canada. Chica-
go and Plantation in Flori-


d:. He is currently based at
the latter site.
Mr Stuart takes up his
post with effect from Sep-
tember 1, 2006.
Ml Fountain is moving to
Grand Bahama on Septem-
ber 5, 2006. to take up the
position of executive director
for that island with the Min-
isr\. of Tourism.


model for not just Grand
Bahama, but the entire
Bahamas.
Mr Coakley said he hoped
the Government had learnt
from past experience and will
negotiate this sale in such a
way that the employees will
not be left in a similar state as
they were when Driftwood
abandoned them
Mr Coakley said he hoped
the Government did whatev-
er it could to ensure the situa-
tion which occurred with Drift-
wood was not repeated any-
where in the Bahamas ever
again.
Resort
The resort closed in 2004
after Hurricanes Francis and
Jeanne put about 1,2000 hotel
staff out of work, cutting
Grand Bahama's room inven-
tory by a third and increased
unemployment on the island
to over 11 per cent. This had a
spin -off effect in the sur-
rounding tourism areas hitting
the International Bazaar espe-
cially hard since the majority of
its customers were Royal Oasis
guests.
To assist the displaced work-
ers, the government gave $5
million to the former Royal
Oasis employees as severance
pay.



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et me explain the benefits of our popular "Money Back" Series
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* Develop reports and provide ongoing technical support for end-users
* Maintain existing database integrity and standards
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STrain end-users and technical support staff

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* Proven project leadership and project implementation
* Experience with formal software development methodologies
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Bachelor's degree in CS or equivalent experience and/or education
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0 1 1







THE TRIBUNE


PAGE 4B, THURSDAY, AUGUST 17, 2006


Developer to submit plans 'at week's end


FROM page 1B

that once subdivision approvals
were obtained from the Gov-
ernment, pre-sales of condo
hotel units at the planned
French Leave Resort could
begin.
Subdivision approvals are
required before any investor
can begin construction work,
and Mr Lauth said EIC
Resorts needed to achieve a
certain level of pre-sales to
meet conditions imposed by
banks.
Once that level was reached,
he added that construction
work would begin on the 356
acre project.
EIC Resorts has signed a
Letter of Intent with the Park
Hyatt chain for the latter to
act as its hotel operating part-
ner, but Mr Lauth acknowl-
edged that this agreement had
still to be finalised.
"We're still working out the
details with them. That's not


"complete yet," he said.
Mr Lauth added that
research by the developers had
indicated that for Eleuthera-
based hotel and tourism pro-
jects to succeed in the long-
term, they needed to be tied
into a marina.
In addition, it also showed
the resort needed a strong
hotel brand, one reason, Mr
Lauth said, why construction
had been delayed.
He explained that the devel-
opers had wanted to tie down a
hotel brand before proceed-
ing, and had been in talks with
Starwood's St Regis brand
before its parent signed the
operating partner deal with
Baha Mar. That deal prevent-
ed the St Regis brand from
being used anywhere else in
the Bahamas, forcing Mr
Lauth to start his search again.
However, he added that the
project would "move forward
with or without" a hotel oper-
ating partner secured.


Mr Lauth said he and his
partners, former Chicago
Bears running back Matt
Suhey; Bob Poole, a residnetial
developer in Pennsylvania; and
Mike Lanigan, a provider of
construction equipment and
material handling services,
were fully committed to the
project.
He said the plans they
intended to submit for gov-
ernment approval included 115
luxury condo hotel units at the
French Leave Beach site, plus
21 estate lots.
Some 30-60 condo hotel
units were planned to surround
the resort's marina at Gover-
nor's Harbour, which required
a $6 million breakwater.
Another part of the project
is the Savannah Hill Club, sit-
uated some 10 miles to the
south of'Governor's Harbour,
and which Mr Lauth said
would feature a marina and
about 40 residential units.
Mr Lauth and his group


have come under fire from
politicians of both main par-
ties, who have expressed dis-
appointment that his project
and others in Eleuthera have
not progressed more rapidly.
In response, Mr Lauth said:
"From where I'm sitting, we
have every intention of moving
forward. We're as anxious as
anyone to start.
"I wish it were easier, I wish
it were quicker, but we're com-
mitted to this project and com-
mitted to doing it the right
way. We don't make any mon-
ey until we start building.
"We have pent up interest,
as more than 1,000 people
have made inquiries about
receiving information on the
project as a result of the web-
site."
Mr Lauth added that financ-
ing was "lined up", EIC
Resorts having signed a Let-
ter of Intent "with a major
bank in the Bahamas". How-
ever, the full financing will not


kick-in until the developers
meet the bank-imposed target
for condo and residential pre-
sales.
This indicates that Mr Lauth
and his partners will largely
finance the project through
pre-sales and land speculation,
a technique employed by a
number of investors in the
Bahamas.
Mr Lauth said he was "not
aware" of any environmental
concerns from the Govern-
ment and the Bahamas Sci-
ence, Environment and Tech-
nology (BEST) Commission
over the Savannah Sound
marina, something Prime Min-
ister Perry Christie said previ-
ously was "fraught with envi-
ronmental implications".
"On the face of it, it chilled
my blood, the prospect of envi-
ronmental interference with
nature in that part of
Eleuthera," Mr Christie said.
"The development was sub-
ject to the most intense envi-


ronmental scrutiny.....". The
Prime Minister said the Savarl-
nah Sound marina had not
been part of the initial project
as presented to the GoverIj-:
ment.
Mr Lauth said no tourist
development in central
Eleuthera had ever had a mari-
na on the Atlantic sea side, and
the Savannah Sound location
"will be critical to the long-
term success of our project".
Prospective clients had want-
ed to know whether the project
would have marinas at both
Governor's Harbour and
Savannah Sound.
The French Leave Resort,:
development, which initially'
had a $40 million tag attached
to it when the Heads of Agree-
ment was signed in March
2004, will feature two marinas
- one on the Caribbean sea side
at Governor's Harbour, fea-
turing about 120 slips, and
another on the Atlantic Ocean
side at Savannah Hill.


Royal Oasis, from 1B


front-runner to acquire the Royal
Oasis from Lehman Brothers, the
New York-based investment bank
whose private equity arm is the
resort's de facto owner as the result of
a mortgage and debenture it holds on
the property.
This newspaper reported that the
Florida-led group has been in talks
with the.Las Vegas-based New York,
New York hotel/casino about becom-
ing the operating partner for the Roy-
al Oasis if its bid is successful. The
company is a subsidiary of MGM
Mirage.
It also revealed that Jethro Miller,
of Nottage, Miller & Co, was the
attorney representing the Florida-led
group.
The deal for the Royal Oasis pur-
chase has not closed, though. It is


understood that any serious buyer
would first need to sign an agreement
with Lehman Brothers giving it 60
days to close on the purchase, with a
$1 million non-refundable deposit
paid up front.
The resort's closure in 2004, fol-
lowing Hurricane Frances and Jeanne,
put about 1,200 hotel staff out of
work, cutting Grand Bahama's room
'inventory by one third and increased
unemployment on the island to over
11 per cent.
The effects of more than 1,000
workers losing their jobs have been
felt by the entire Grand Bahama
economy, with the resort's closure
hitting the International Bazaar espe-
cially hard, since the majority of its
customers were Royal Oasis guests.
Finding a solution for the Royal


Oasis has not been easy, and has pre-
occupied the Government in relation
to its primary objectives for Grand
Bahama.

Negotiations

Negotiations over the Royal Oasis
were given an added complexity due
to the fact that they were three-way,
involving the Government, Lehman
Brothers and potential buyers.
It is likely that the priorities of
Lehman Brothers and the Govern-
ment did not coincide, as the Prime
Minister hinted at on July 18. The
private equity fund will want to realise
the highest price possible for the
resort, while the Government will
want the buyer to be the one best
suited to take the resort forward for


the long-term.
In essence, the Government will
want the buyer to have the resort
model best suited for the Royal Oasis
and Freeport, a good track record
and the financing in place to execute
properly.
Currently, the casino is the Royal
Oasis's biggest asset, but the fact it
has no beachfront property means
that it is most suited to being a con-
vention destination.
Among the most pressing issues
needing to be resolved are the $22
million debts owed by Driftwood
(Freeport), the holding company for
the Royal Oasis, when it closed the
resort in September 2004.
In January 2005, the resort owed
the Government $13 million in casino
taxes, and owed $2.7 million io the


Port Authority and its affiliates, $2.5
million to the National Insurance
Board (NIB), and $550,000 to Grand
Bahama-based suppliers.
In addition, the two hotel pension
funds, owed $4.1 million by the Roy-
al Oasis, have obtained a court order
requiring the contributions debt owed
to them to be repaid in the event of a
sale.
Discussions between the Govern-
ment, Lehman Brothers and a buyer
are likely to focus on how much of
these debts will be written-off, how
much will be repaid and who will be
responsible for financing this.
Lehman Brothers has already
agreed to repay the $5 million that
the Government paid to former Roy-
al Oasis workers as severance pay.
********************#**s *!(***


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Present .. M. A


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Financial Advisors Ltd.


.is AJ^W X AM"* *l 4 ATA & RMATK
BISXH 24 Q A .
52*nk-Hi 52wk-Low Symbol Previous Close Today's Close Change Daily Vol. EPS S Div $ PiE Yield
1.85 0 59 Abaco Markets 1 74 1 74 000 -0 109 0000 NIM 0 0:
12.05 9.25 Bahamas Property Fund 12.05 12.05 0.00 1.612 0.380 7.5 3.15%
7.49 6.50 Bank of Bahamas 7.49 7.49 0.00 0.738 0.330 10.1 4.41%
0.85 0.70 Benchmark 0.80 0.80 0.00 0.292 0.020 2.7 2.50%
1.80 1.26 Bahamas Waste 1.50 1.50 0.00 0.143 0.000 10.5 0.00%
1.49 1.10 Fidelity Bank 1.48 1.48 0.00 0.188 0.050 7.9 3.68%
9.60 8.73 Cable Bahamas 9.10 9.10 0.00 0.618 0.240 14.7 2.64%
2.20 1.39 Colina Holdings 1.98 1.98 0.00 0.009 0.000 220.0 0.00%
11.00 8.50 Commonwealth Bank 11.00 11.00 0.00 1,500 0.943 0.600 11.7 5.66%
6.2 4.12 Consolidated Water BDRs 5.50 5.46 -0.04 0.130 0.045 42.2 0.82%
2.88 2.10 Doctor's Hospital 2.50 2.50 0.00 0.283 0.000 8.8 0.00%
6.21 4.02 Famguard 6.21 6.21 0.00 0.539 0.240 11.5 3.86%
11.51 10.49 Finco 11.51 11.51 0.00 0.745 0.540 15.1 4.78%
13.50 9.30 FirstCaribbean 13.10 13.50 0.40 5.000 0.885 0.550 15.3 4.07%
11.17 8.91 Focol 11.17 11.17 0.00 0.885 0.500 12.6 4.48%
1.15 1.00 Freeport Concrete 1.00 1.00 0.00 -0.170 0.000 N/M 0.00%
10.20 8.65 ICD Utilities 8.65 8.65 0.00 0.532 0.270 16.3 3.12%
9.10 8.27 J. S. Johnson 9.10 9.10 0.00 0.527 0.560 17.3 6.15%
8.06 5.30 Kerner International BDRs 8.06 8.05 -0.01 0.160 0.000 50.4 0.00%
10.00 10.00 Premier Real Estate 10.00 10.00 0.00 2.036 0.195 4.9 1.95%
52wk-Hi 52wk-Low Symbol Bid $ Ask $ Last Price Weekly Vol. EPS $ Div $ P/E Yield
14.00 12.25 Bahamas Supermarkets 14.00 15.00 13.50 850 1.923 0.960 7.8 6.40%
10.14 10.00 Caribbean Crossings (Pref) 8.00 8.25 10.00 0.000 0.640 NM 7.85%
S5 0 20 RND Holdings 0 29 0.54 0.00 -0 084 0.000 NM 0.00%
-I3.00 28.00 ABDAB 11 00 43.00 4100 2220 000 19 .1 C 1.
16.00 13.00 Bahamas Supermarkets 14.00 15.00 12.50 1.750 0.360 8.0 2.57%
" 0 0 35 RND Holdings 0.29 0.54 0.35 -0.070 0.000 N/M 0.00%

.Hi 52wk-Low Fund Name NA V YTDS% Last 12 Months Div $ Yield %
1 2442 Colina Money Markel Funa 1 300892"
2.9038 2.4169 Fidelity Bahamas G & I Fund 2.9038*"
2.4415 2.2528 Colina MSI Preferred Fund 2.441484"
1.1820 1.1246 Colina BondFund .. 1.182038 ""'
Si. -LL .ARE INDEX 190 ec 02 ~ .000 00 PA T. ILD last 2 monlh d.ivaen. drnidrld clo'g p nc
52wk-HI Highest closing price In last 82 wks Bid $ Buying price of Collna and Fidelity
52wk-Low Lowest closing price in lIst 52 wNek Ask $ Selling price of Colln and fidelity 28 July 2006
Previous Close Previous day's weighted price for daily volume Last Price Last traded over-the-counter price
Today's Cloe Current day's weighted price for dilly volume Weekly Vol. Trading volume of the prior week 30 June 2006
Change Change In closing price from day to day EPS $ A company's reported earnings per share for the last 12 mths
Daily Vol. Number of lotal shares traded today NAV Net Asset Value -30 June 2006
DIV $ Dividends per share paid In the last 12 months NIM Not Meaningful
PE Closing price divided by the last 12 month earrings FINDEX The Fidelity Bahamas Stock Index. January 1, i199'4100 -30 June 2006


35' Rabco, copy of original cigarette hull.
No plywood in the construction. State of art
divinacell. Twin 250 mercury, Air conditioned
cabin, special vinylester resin fuel and water tanks,
twin consoles. All new depth finder,
speakers and hatches!
This custom made boat was built to last. Only
$59,000. Location Nassau, Bahamas
Tel: (242) 324 5123









NOTICE OF THE ANNUAL

GENERAL MEETING

To: All members of the Paradise Island Resort &
Casino Co-operative Credit Union (PIRCCCU)
Limited, #9 Village Road.


Notice is hereby given that the Twenty-first
(21st) Annual General Meeting of the Paradise
Island Resort & Casino Co-operative Credit
Union Limited will be held at the Credit Union's
premises, #9 Village Road, Nassau, Bahamas on


August 19th 2006 commencing at

9:00 a.m.

For the following purposes:

To receive the Report of the Board of Directors for 2005
To receive the Audited Accounts for 2005
To take action on such matters as may come before the meeting.
To elect members of the Board of Directors

THERE WILL NOT BE A SECOND MEETING
AS PER THE CO-OPERATIVE ACT 2005
SECTION 22

Linda Symonette
( Secretary
SAugust 1st 2006
I '


Pricing Information As Of:
Ardnsdrla 16R Anst 20OO nn


*


i


I . F-ADELITY


BUINS









.-THE TRIBUNE B


THURSDAY, AUGUST 17, 2006, PAGE 5B


ISIJINFRS


INVESMENTOPPORUNIT


LOT NO. 1490 GOLDEN GATES SECTION 2

All that lot of land having an'area of 6,000 sq. ft. being lot no. 1490 of the subdivision known and designated as Golden
Gates, the said subdivision situated in the southwestern district of New Providence, bahamas. This property is comprised of
a 25 yer old single family residence consisting of approximately 2,480 sq. ft. of enclosed living space with three, bedrooms,
three bathrooms, living, dining rooms and kitchen. The land is on a grade and level, however the site appears to be sufficiently
elevated to disallow the possibility of flooding during annual heavy rainy periods of the year. The grounds are fairly kept, ith
improvements including driveway, walkway and low shrubs. Yard is enclosed on one side wth a 5 foot chain linked fencing
and a low cement block wall to the front.
Appraisal: $162,616.00
Traveling west on Carmichael Road turn left then right onto the service road opposite Bahamas Faith Ministries Complex,
then first left again after passing clico and pre-school. The subject house is the 6th house left painted green trimmed white.


KENNEDY SUBDIVISION (NASSAU)

Lot no. 21 all utilities available 10 year old single story house,
3 bedroom 2 bathroom, living room, dining area, family room,
kitchen, study, laundry and an entry porch.

Appraisal: $188,406.00
Heading west along Soldier Road take main entrance to
Kennedy Subdivision on the left, then take the 1st corner
on the left then 1st right, house is second on your right with
garage.


p.-. "
i-A l,*l~ '' L


MURPHY TOWN (ABACO)
All that lot of land and improvements having an area of
40,000 sq ft being portion of lot #120 of the original Murphy
Town Corwn Allotments, Abaco, Bahamas. One of the islands
of the Commonwealth of The Bahamas. This property is
comprised a single storey concrete structure consisting of
approximately 1,000 sq ft of enclosed living space, with
three bedrooms, one bathroom, living room, dining room
and kitchen. The building appears to have recently undergone
refurbishment. The property is enclosed with chain-link
fencing and partially lanscaped.

Appraisal: $144,350.00
This property is situated off the front street, Murphy Town,
Abaco.


DUNDAS TOWN (ABACO)

3 two bed, 1 bath triplex 9,000 sq. ft., lot no. 18b with an
area for a small shop. Age 12 years the land is a portion of
one of the Dundas Town Crown Allotment parcels stretching
from Forest Drive to Front Street, being just under a quarter
acre in size and on the lowside. A concrete block structure,
with asphalt shingle roof and L-shape in design with a total
length of 70x26 ft, plus 50 x 22 ft., 2,920 sq. ft., the interior
walls are concrete blocks, ceiling is sheet rock and the floors
of vinyl'tiles.

Appraisal: $220,500.00


MURPHY TOWN (ABACO)

Lot #60 with a structure, lot size 60 x 115 ft., 6,900 sq. ft.,
10 ft., above sea level but below road level and would flood
in a severe hurricane the duplex has dimensions of 60 ft by
30 ft partly of wood and partly of cement blocks with one
section virtually finished and occupied with blocks up to
.window level and floor ready to be poured. The roof is asphalt
shingles, the interior walls and ceiling are of 1x6 pine and
the floor of ceramic tiles. The finished work is average/below,
2 bedrooms, one bath, living/dining. The occupied portion
of the structure is not complete. Age: 10 years old.

Appraisal: $60,540.00


LOT NO. 68 WOODLAWN WAY WINTON HEIGHTS
(NASSAU)


Ig, All that piece parcel or lot of land having an area of 14,897
sq. ft. being lot 6, block 13, in the Subdivision known
as Winton Heights, this property is comprised of a 26
. year old 11/2 storey single family resident consisting of
approximately 2,567 sq. ft. of enclosed living space with
3 bed rooms, 2 baths, upstairs and downstairs consisting
of a foyer, guest bedroom and bath, laundry room, kitchen,
powder room, sunken living area, tv room and dining
S. area. Climate control is provided by wall air conditioning
B units throughout the house quality of construction and
maintenance is fair as a good amount of remedial work
is needed on the roof and plumbing system. The effective
age of the building is seven years the property is rectangular in shape on flat terrain, and on a level
grade slightly elevated above the road to disallow flooding during annual heavy rainy periods. The
grounds improvements include a concrete wall with two double gates at the front with chain-link
fencing otherwise, open patios at the front and back, and a 20,000 gal rainwater cistern under the
front patio overall, the grounds are attractive and well kept.


Appraisal: $387,647.00 ", i,
Traveling east on Prince Charles Drive go pass Winton Super Value, then second left to T Junction,
turn right at T junction and the subject property is the third house right painted yellow trimmed white.


SAPPODILLA BOULEVARD, PINEWOOD GARDENS
SUBDIVISION (Lot No. 217)
""' "- '--:- ^'"-^._ :"


All that lot of land having an area of 5,000 sq. ft. being lot no.
217 of the subdivision known as designated as Pinewood Gardens,
"..; the said subdivision situated in the southern district of New
S.._... .Providence, Bahamas, This property is comprised of a 20 year
19, old single family residence consisting of approximately 992 sq.
ft., of enclosed living space with 3 bedrooms, 1 bathroom,
living/dining room, and kitchen, The land is on a grade and level;
However the site appears to be sufficiently elivated to disallow
hte possibility of flooding during annual heavy rainy periods of the year. the grounds are fairly kept, with
improvements including driveway, walkway, yard is open.
Appraisal: $122,749.00
Traveling south on East Street to the junction of Soldier Road, make a left at the light then turn into Kennedy
Subdivision, go all the way to T-Junction, turn right then first left then right again toward Mount Tabor Church
Building, after passing Mount Tabor take first left (Sappodilla Blvd), the subject house is about 400 yard on
the right painted yellow trim green, with green and white door.


., LOT NO. 413 ST. MARTEEN ROAD, GOLDEN
Al GATES

r All that lot of land having an area of 6,000 sq. ft. being
lot 413 St. Marteen Road of the subdivision known and
S. ... designated as Golden Gates No. 2, situated in the
S. J southwestern district of New Providence, Bahamas.
i .- Located on the property is a structure comprising of an
approximately 20 yr old single family residence consisting
S of approximately 1,052 sq. ft. of enclosed living space
"" with 3 bedrooms, 1 bathroom, living/dining room, and
S,|--z kitchen. This land is on grade and level and appear to be
sufficiently elevated to disallow the possibility of flooding
during annual heavy rainy periods. The grounds are fairly
kept, with improvements including driveway, walkway and low shrubs. Yard is enclosed with chain
linked fencing.
Appraisal: $144,297.30
Traveling south along Blue Hill Road, turn right onto St. Vincent Road which is the 4th corner after
passing the Golden Gates Shopping Centre.
Take 1st corner right Toria Street, then right onto St. Croix Road, turn left again onto St. Johns
Road then first left onto St. Marteen Road the subject property is the 7th house left painted white
trimmed aaua.


.rainy periods.


LOT NO 2525/6 SIR LYNDEN PINDLING
ESTATES Nassau
All that lot of land having an area of 5,000 sq. ft. being lot No.
2525/6 in the subdivision known and designated as Sir Lynden
Pindling Estates off Charles Saunders Highway, situated in the
Southeastern District of New Providence Bahamas. This property
is comprised of a 2 year old single family residence consisting of
approximately 1,220 sq. ft of enclosed living space with 3-bedrooms,
2-bathrooms, living/dining room, utility and kitchen. The residence
is equipped with burglar bars and two walled air conditioning units.
The land is on a grade and level and appear to be sufficiently
elevated to disallow the possibility of flooding during annual heavy


Appraisal: $143,694.40
Traveling south through, Nassau Village main entrance, come to T-junction and turn right, then 4th corner
left, 1st right, then first left again drive all the way across the T-junction. The subject property is the 6th
property left painted peach trimmed peach just opposite the back entrance of the Sadie Curtis Primary
School.




INVESTMENT OPPORTUNITY MUST SELL LOT
NO. 433 GOLDEN GATE SECTION 1 (NASSAU)

01. REV- All that lot of land having an area of 5,000 sq. ft., being
lot No. 433 of the subdivision known and designated as
Golden Gates, the said subdivision situated in the southern
District of New Providence Bahamas. This property is
comprised of a 28yr old single family residence consisting
of approximately 1,342 sq. ft on enclosed living space with
3-bedrooms, 2-bathrooms, living, dining rooms, utility room
and kitchen. The land is on a grade and level; however the
.... ". ; .," site appears to be sufficiently elevated to disallow the
possibility of flooding during annual heavy rainy periods
of the year. The grounds are fairly kept, with improvements including driveway, walkway and low
shrubs and trees. Yard is enclosed with chain linked fencing and a concrete wall with iron gate
to the front.
Appraisal: $1,88,702.00
Traveling south on Baillou Hill Road and make a left just pass the stop light at the junction of
Carmichael Road, follow the Curve around then first left again. At the t-junction turn left the subject
house is the 2nd house right painted pink trimmed white with wall in front.


INVESTMENT OPPORTUNITY MUST SELL
SLOT NO. 46 GOLDEN GATES SECTION 2

.. ,,f- All that lot of land having an area of 6,000 sq. ft. being
'- lot 46 of the subdivision known and designated as
Golden Gates 2, the said subdivision situated in the
S' Southwestern District of New Providence Bahamas.
This property is comprised of a 20yr old single family
S'* residence consisting of approximately 1,854 sq. ft. of
1111 enclosed living space with 4-bedrooms, 2-bathrooms,
living/dining rooms, and kitchen. The land is on a grade
and level; however the site appears to be sufficiently
__elevated to disallow the possibility of flooding during
annual heavy rainy periods of the year. The grounds are
fairly kept, with improvements including driveway, walkway and low shrubs. The yard is enclosed
with chain linked fencing and cement block wall to the front with wrought iron gate.

Appraisal: $180,678.00
Traveling west on Carmichael Road turn left on Dominica Drive, corner just after St Gregory's
Church the subject house is the 8th house on the right hand side painted light peach trimmed
dark peach with large mango tree in front.


INVESTMENT OPPORTUNITY MUST SELL LOT NO. 47 GOLDEN GATES SECTION 2
All that lot of land having an area of 6,000 sq. ft. being lot 47 of the subdivision known and designated as Golden Gates 2, the said subdivision situated in the Southwestern District of New Providence Bahamas. This property
is currently vacant with various bearing fruit, vegetable and flowering trees the land is on a grade and level; and appears to be sufficiently elevated to disallow the possibility of flooding during annual heavy rainy periods of the
year. The grounds are fairly kept, and is enclosed with chain linked fencing.
Appraisal: $65,000.00
Traveling west on Carmichael Road turn left on Dominica Drive, corner just after St Gregory's Church the subject house is the 8th property on the right hand side and being a part of lot 46 that contains peach house with large
mango tree in front.

NASSAU FORT FINCASTLE (no picture available)
Parcel of vacant land located on the north side of North Street approximately 12,347 sq. ft., (Appraisal $77,700.00) and ... parcel of vacant land having an area of 10,970 sq. ft., (Appraisal $69,300.00) both lots are within six
hundred feet east of Reeves Street and about 1/4 mile east of East Street. Zoning: Residential. Both lots are on hilly terrain, rising on moderate incline from roadside to the back.
Appraisal: $147,000.00
Heading north along east street, you will take the corner on the right before the Police Station on top of the hill (Prison Lane). As you turn on to Prison Lane you will take the second corner on the right that continues on to
SNorth Street. As you continue left to North Street, the subject property will be located on the left side and is visibly marked by stakes on the road.

LOT NO.1 HOPKINS DRIVE CORAL HARBOUR
All that lot of vacant land having an area of approximately 17,557 sq. ft. Being lot no.1 And is situated on hopkins drive of the subdivision known and designated as Coral Harbour, the said subdivision situated in the wester
district of New Providence Bahamas.This area is zoned residential single family with all utilities and services available. The land is on a grade and level; however the site appears to be sufficiently elevated to disallow the
possibility of flooding during annual rainy periods of the year.
APPRAISAL: $105,342.00
Directions: take Coral Harbour road from round about head straight towards canal, take the third corner on the right Hopkins Drive. Take Hopkins Drive all the way towards end of road heading north, the subject property is
located on the left just before unpaved road and southern side of Country Club Road and the western section of Coral Waterways Subdivision.

RAINBOW SUBDIVISION LOT NO. 3 BLOCK 27 (ELEUTHERA)
All that vacant lot of land having an area of approximately 14,052.59 sq. ft. being lot no. 3, block 27, of Rainbow Subdivision with residential zoning. This property is bounded about 103.44 ft north by Queens Highway, and
137.02 ft. east and about 99.94 ft south of Rainbow Hill Circul 139.91 ft west, all utilities and services available.
Appraisal: $37,4400.00



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PAGE 6B, THURSDAY, AUGUST 17, 2006


THE TRIBUNE


in Thousand of euro'.


Notes 31.12.2005 31.12.2004


'Chinese Wall' Port




Authority functions


Assets
Cash and deposits at central banks
Deposits with banks
Financial assets held for trading
Financial assets at fair value through profit or loss
Available-for-sale financial assets
Loans and advances to banks
Loans and advances to customers
Held to maturity Investments
Hedging derivatives
Non-current assets held for sale
Property and equipment
Intangible assets
Investments In associates
Current Income tax assets
Deferred income tax assets
Other assets
Total assets
LiabilntIe
Deposits from central banks
Financial liabilities held for trading
Deposits from banks
Due to customers
Debt securitiesissued
Hedging derivatives
Non-current niabilitles held for sale
Provisions
Current income tax abilities
Deferred Income tax liabilities
Subordinated debt
Other liabilities
Total labilities
Equity
Share capital
Share premium
Treasury stock
Preference shares
Fair value reserve
Other reserves and retained earnings
Profit for the year
Total equity attribtable to equity holders of the Bank
Minority interests
Total equity
Total equity and liabilities


1.005,008 999.499
655,180 602.182
2.995.743 2355.899
1.746,898
3.808.554 3.231.055
6.164.044 5.463.525
30.832.124 27.715.271
596,840 476,202


124.505
157,536
363.092
71.940
62374
13,089
42,210
1582.704
50,221,841

654.316
1.271,732
6,264,892
20.753,083
14.402,291
111.098
112.428
155.356
48.945
46,411
2.367.597
1,004.080
47,192,229

1,500.000
300.000
(96,247)
600.000
365.691
(26,065)
280,481
2923,860
105,752
3,029,612
50,221,841


249.200

342.058
72378
58.940
4.228
92,799
1.388563
43,051,799

498,953
634.863
5,737.417
20,418,790
10.236.302
240,100

84.156
23.086
944
2.065,924
554.997
40,495,532

1i500.000
300,000
(100,174)



58.963
151.643
1,910,432
645.835
2,556,267
43,051,799


The following notes form an integral part of these financial statements.

BANCO ESPIRITO SANTO, S.A.

AUDITORS' REPORT


(ISSUED BY THE STATUTORY AUDITOR, A CMVM REGISTERED AUDITOR)


Introduction
1. In accordance with the applicable legislation, we present our Audit Report on the
financial information included in the Annual Report of the Board of Directors and in
the accompanying financial statements for the year ended 31 December 2005, of
Banco Espirito Santo, S.A., which comprise the balance sheet as at 31 December
2005 (showing total assets of Euros 44,643,173 thousand and total equity of Euros
2,392,007 thousand, including a profit for the year of Euros 190,169 thousand), the
statements of income, of cash flows and of changes in equity for the year then ended
and the corresponding Notes to the accounts.

Responsibilities
2. The Board of Directors is responsible for:
Sa) the preparation of financial statements in accordance with the NCA's issued by the
Bank of Portugal, that present fairly, in all material respects, the financial position
of the Bank, the results of its operations and its cash flows. The NCA's are based
on the application of International Financial Reporting Standards ('IFRS') as
adopted for use in the European Union, with exception of the issues defined in no.2
and no.3 of Regulation no. 1/2005 and no. 2 of Regulation no. 4/2005;
b) maintaining historical financial information, prepared in accordance with generally
accepted accounting principles which is complete, true,,current, clear, objective
and lawful as required by the Stock Exchange Code, ("C6digo dos Valores
Mobiliirios");
c) the adoption of adequate accounting policies and.criteria;
d) maintaining an appropriate system of internal control; and
e) the communication of any relevant fact that may have influenced the activity of the
Bank, its financial position or results.

3. Our responsibility is to verify the financial information included in the above referred
documents, namely as to whether it is complete, true, current, clear, objective and
lawful as required by the C6digo dos Valores Mobiliarios, in order to issue a
professional and independent report based on our audit.
Scope


4. Our audit was performed in accordance with the Technical Standards, and Guidelines
issued by the Portuguese Institute of Statutory Auditors ("Ordem dos Revisores Oficiais
de Contas"), which require that we plan. and perform the audit to obtain reasonable
assurance about whether the financial statements are free of material misstatements.
Accordingly our audit included:
verification, on a test basis, of the information underlying the figures and its
disclosures contained therein, and an assessment of the estimates, based on the
judgements and criteria defined by the Board of Directors, used in the preparation of
the referred financial statements;
-assessment of the appropriateness of the accounting policies used and of their
disclosure, taking into account the circumstances applicable;
-verification of the application of the going concern principle;
assessment of the appropriateness of the overall presentation of the financial
statements; and
assessment of whether the financial information, is complete, true, current, clear,
objective and lawful.
5. Our review also included the verification that the financial information contained in the
Annual Report of the Board of Directors is consistent with the financial statements
presented.
6. We believe that our audit provides a reasonable basis for our opinion.


Opinion
7. In our opinion, the financial statements referred to above present fairly in all material
respects the financial position of Banco Espirito Santo, S.A., as at 31 December 2005, the
results of its operations and its cash flows for the year then ended in accordance with the
NCA's issued by tie Bank of Portugal, and the information contained therein is complete.
true, current, clear, objective and lawful.


Lisbon, 24 February 2006

KPMG & Assoclados, SROC, S.A.
Represented by
Ines Maria Bastos Viegas Clare Neves Giro de Almeida
(ROC no 967)

A copy of the Annual Report & Audited Accounts may be obtained from Ansbacher (Bahamas)
Limited, Ansbacher House, Bank Lane, Nassau, Bahamas.
-~i.


FROM page 1B


ment Company (Devco),
Grand Bahama Airport Com-
pany, Freeport Harbour Com-
pany, and the Sea/Air Business
Centre had been transferred,
through a process beginning in
the early 1990s, from the Port
Authority to Port Group Ltd,
the private investment vehicle
of the Hayward and St George
families.
Port Group Ltd has formed
joint ventures with other com-
panies, chiefly Hutchison
Whampoa, to own these assets,
meaning that these have
already been split to some
extent from the Port Authori-
ty's regulatory functions.
Mr Smith said: "I think it is a
very tough balancing act for
the Port Authority to main-
tain, and I think it is very help-
ful this debate is ongoing with
the public right now........
"Historically, the Port
Authority has acted as a regu-
lator, not to the extent some
may have wished, and possi-
bly not to the extent they
ought to have."
Former Port Authority co-
chairman, Julian Francis, had
focused more on corporate
governance and its regulatory
side, and Mr Smith said he had
been sorry to see him go.


He added: "I continue to
urge the Port Authority not to
ignore that part of their oblig-
ations."
Hannes Babak, the replace-
ment for Mr Francis, was more
focused on investment and the
economic, profit-making side
of the Port Authority and
Freeport.
Mr Smith said: "I know that
he is a go-getter, he is a person
that likes to get things done,
and he will make every effort
to promote business and the
economy in Freeport."

Objective

He added that the late
Edward St George's chief
objective had been to "cut red
tape and get investment
rolling", but the "main stum-
bling block" to this had been
interference in the Port
Authority's affairs by the Gov-
ernment in Nassau.
The Tribune can reveal that
the Government owns around
a 7 per cent stake in the Port
Authority, but Mr Smith said
he and other attorneys had
won at least seven court rul-
ings that overturned govern-
mental interference in
Freeport's affairs that had no
statutory base under the
Hawksbill Creek Agreement.
Mr Smith himself, for


instance, had won a 1984 ruling
that ensured Port Authority
licensees did not also need
their business licence applica-
tions approved by the Ministry
of Finance in Nassau. The rul-
ing related to a boat chartering
business, Shangrila, that he had
set up himself.
However, non-Bahamian
investors in the Port Authority
area still require their business
licences to also be approved in
Nassau, something Mr Smith
described as "discriminatory"
and acting as "a shackle that
has dragged the Port Authori-
ty down in the last 20-30
years".
He added that the Hawks-
bill Creek Agreement was "a
real template for one-stop shop
investment" in the Bahamas,
and there was no need for the
Government to "reinvent the
wheel" through similar
Freeport-style developments
in Mayaguana and elsewhere.
Mr Smith said: "The Gov-
ernment should audit the Port
Authority and hold it to
account for its regulatory
responsibilities, but at the same
time take a 'hands off'
approach and allow it to be;a
'one-stop shop'.
"In this way, youwill see an
unprecedented boom not only
in Freeport but in the wider
Bahamas."


PFRCWVATERHOUSECOPERS I
invites applications from qualified
Bahamians for he position of:
Administrative Assistant, Internal Accounting
Role

As a key member of the Firm's internal accounting department, the administrative assistant provides primary operational
and support services for the preparation of the Firm's financial information. The individual performing this role should be
proactive, possess strong analytical :Lii.- and learning towards attention tddeltail La\ e a LJroTI couniuiutment for
professional growth and p-:.. :-the abidijhy to adapi to a conMsuunll changing en urnnumenit

Job Requirements

An associates degree (or equivalent) with a major in accounting
A working knowledge of bookkeepinglaccounting procedures
Proficiency in excel spreadsheet and word processing
Strong interpersonal skills
Good written and communication skills

Salary will be commensurate with qualifications and experience.
Applicants should send their resumes via fax to
(242) 302-5350 or deliver them to
Firm Administrator
PricewatcrhouseCoopers
P.O.Box N-3910
Providence House
East Hill Street
Nassau, The Bahamas
PHONE CALL INQUIRIES WILL NOT BE ACCEPTED







HEAD OF SUPPORT


FUNCTIONS

One of our clients, a private bank providing a comprehensive wealth management
service, is currently looking to recruit a Head of Support Functions. Your primary
role will be to:

Manage the daily business operations of banking, finance and
premises. Servicing the areas in an efficient, effective and profitable manner;
Ensure that all relevant controls are in place,
Prepare appropriate information reports and analysis to assist Executive
Management in enhanced performance of the organization;
Prepare annual budget in liaison with Executive Management and monitor
results compared to budgets;

You should ideally:
hold a Master's Degree in Banking and Finance or Accounting and/or
S Professional Designation of CA, CPA or equivalent,
a Minimum of five (5) years experience in finance and banking roles,
advanced knowledge of Sun Systems,
advanced Excel skills including formulae, complex form creation, with
check boxes, buttons, drill down etc.
advanced knowledge of Business Object.
knowledge of Compliance and Risks matters and knowledge of legal
regulatory and industry requirements.

You should have excellent management skills, be able to work in an independent
manner with little guidance and an in-depth knowledge of Banking, Trust and
financial products.

The position offers an attractive salary and benefits package.

Applications should be submitted to the following address, to arrive on or before
21st August 2006.

apply to DA11583
c/o Tribune N3207
Nassau, Bahamas


BANCO

ESPIRITO SANTO


Consolidated balance sheet as at 31 December 2005 and 2004


I -









THURSDAY, AUGUST 17, 2006, PAGE 7B


Textile plant closing could leave nearly 500 without jobs


HURT, Va. (AP) The Burling-
ton Worldwide textile plant employ-
ing nearly 500 people will close next
year because of foreign competition,
the company announced.
Plant managers told workers at the
dyeing and finishing plant that Inter-
national Textiles Group plans to
move production from Hurt to plants
in North Carolina starting in a couple
of months.


Burlington will shift some of its
Hurt operations to Burlington, N.C.,
and Raeford, N.C., said Delores Sides,
company spokeswoman. Employees
learned of the plant closing Tuesday.
With more work being done over-
seas, the plant has been operating at
25 percent capacity, Sides said. Most
of the synthetic fabrics are being
sourced from Asia, where many of
the cutting and sewing plants are


located. The Hurt plant employed
1,200 a decade ago.
"It's disappointing news for us,"
Sides said.
Hurt Mayor Lillian Gillespie said
the closing will be a blow for this town
of approximately 1,200 located
between Lynchburg and Danville in
Virginia's hard-hit textile and furni-
ture manufacturing center.
The Danville metropolitan area had


an 8 percent unemployment rate in
June, the highest in the state.
"We're shocked, but not surprised.
We've heard rumors for years and
now those rumors are a reality,"
Gillespie said. "We all have friends,
neighbors and relatives who work
there. It's a big problem."
Del. Robert Hurt, R-Chatham, said
he has spoken to Gov. Timothy
Kaine's office and U.S. Rep. Virgil


Goode about getting aid to workers.
"Many Pittsylvania County fami-
lies have worked at that plant for
decades and we need to do all we can
to help them get the.government
resources available to them,"
Chatham said.
International Textile Groups of
Greensboro, N.C., was formed in 2004
by the merger of Burlington Indus-
tries and Cone Mills.


* Cleaning
* Security
* Parking
* Use of two
conference rooms


Bathroom Supplies Use of Law Library


To arrange viewing please call: 394-5145










erage Prevention Sa
SSafety Enhancement Malls
* Asset Protection Shopping Centres,
SExecutive Escort School Campuses,
SLoss Prevention Construction Sites
Physical Security Office Buildings
SSurveillance & Special Events,
Protection Systems Hotels, and Casinos
SSecurity Training New Construction












INTERNATIONAL BUSINESS COMPANIES
ACT (No 45 OF 2000)


IMPULSE INVESTMENTS LIMITED
In Voluntary Liquidation


"Notice is hereby that in accordance with Section
137. (4) of the International Business Companies Act
45. of 2000), IMPULSE INVESTMENTS LIMITED
is in Dissolution".



The date of commencement of dissolution is 10th
day of July, 2006.

Nautilus Corporate Services Limited
of Nautilus House, La Cour des Casernes,
St. Helier, Jersey, Channel Islands, JE1 3NH
Liquidator





I Scotla bank

VACANCY
Assistant Manager, Training and Learning
Scotiabank (Bahamas) Ltd. is seeking the services of an
Assistant Manager, Training and Learning. The successful
candidate should possess the following qualifications:
Bachelor's Degree in Human Resources, Training and
Development (or a related field).
At least 3 5 years experience as a training facilitator
and or instructional designer.
In-depth business knowledge of banking operations and
business environment including retail, commercial and
branch banking operations, procedures, products and
policies.
Excellent facilitation skills and knowledge of adult learning
principles.
Exceptional written communication skills and interpersonal
skills.
Excellent time management and organizational skills..
Comfortable with autonomy and self motivated.
The ability to organize and execute multiple projects and
apply project management methodology with minimal
supervision
The ability to work well under pressure and meet deadlines.
The ability to work flexible hours and travel.
Microsoft Office skills (Word, Excel, Power Point)
Interested persons should submit applications in writing marked
Private and Confidential to:

Manager, Human Resources
P. O. Box N-7518
'Nassau, Bahamas

Applications should be received no later than Thursday, August
31, 2006.


OFFICE SPACE AVAILABLE
PERFECT FOR ATTORNEY:

Rent includes the following:


Lot#1852, Pinewood Gardens, N.P.
Triplex Apartment
2- (2)Bed, (1)Bath, 1 -(1)Bed, (1)Bath
Property Size: 5,000 sq.ft
Building Size: 1,757 sq.ft
Appraised Value: $180,000.00.
Tan southonto Thatch PalmAve. from Pinewood Drive. Travelling
south on Thatch Palm Ave. the building is situated on the fourth
comer on the left-hand side, which is the junction of Thatch Palm
Ave. and Spice Street.
Lot#3, Strachan Subdivision, N.P.
Duplex Apartment
2- 2Bedrooms, 1-Bathroom
Property Size: 5,121 sq.ft
Building Size: 1,546 sq.ft
Appraised Value: $163,000.00
Enter Strachan Subdivision from Soldier Road, take the 1st right
and the property is the 6th on the rigt handside. The building is
white with white trim.
Lot#342, Stapledon Gardens Subdivision,*N.P.
Duplex Apartment
1 3 Bedrooms, 2-Bathrooms
1 2 Bedrooms, I-Bathroom
Property Size: 4,800 sq.ft
Building size: 1,920 sq.ft
Appraised Value: $358,200.00
From the round -about at Sir Milo Butler highway travel west
along Tonique Williams Darling Highway (Harold Road) to christie
avenue, turn right on McKinney Ave, then first right (Hampden


Rd.) cross over Walrus Rd. and property is the fifth on the Northern
side of Hampden Rd.
Lot #12, Misty Gardens, N.P.
Duplex Apartment
2- 2 Bedrooms, 1 Bathroom
Property Size:.6,000 sq.ft.
Building Size: 1,655 sq.ft
Appraised Value: $215,000.00
Enter Misty Gardens from Marshall Road and turn through the
third corer on the Left hand side the property is the twelfth lot
on the right hand side the building is a single storey duplex.
Lot#23876 & 2388, Pinewood Gardens, N.P.
Commercial Building -- 2 Office Space
Property Space: 20,000 sq.ft
Building Size: 2,440 sq.ft
Appraised Value: $431,000.00
Travel to the West entry of Charles W. Saunders Highway and
the subject is on the first comer on the right (Southside opposite
Cleveland Eneas Primary School which is a single storey
commercial building housing a laundrymat a convince store and
a restaurant. The subject is painted mauve and pink.
Lot#18, Evansville Sub., N.P.
Duplex
2-Bedrooms, 1- Bathrooms Each
Property Size: 7,328 sq.ft
Building Size: 1723 sq.ft
Appraised Value: $199,000.00
From Spike Kenard Rd. travel west along Carmicheal Rd. to


Blyden Rd. turn left on Blyden Rd, to the third comeron the left.
The property is the second on the left.
Lot Joe Farrington Road, N.P.
Duplex Apartment
1 3 Bedrooms, 2 Bathrooms
1 2 Bedrooms, 1 Bathroom
Property Size: 23,400 sq.ft
Building Size: 1,800 sq.ft
Appraised Value: $366,000.00
Enter Joe Farrington Road from Fox Hill Rd. south. Travelling
west on Joe Farrington Road the property is on the Southern side
of Joe Farrington Rd, opposite the church of God Auditorium,
through an unpaved private road. Counting from the junction of
Joe Farrington Rd. and Fox Hill Rd. ten lamp poles will bring
you to the entrance of the unpaved road opposite the pole. The
building cannot be seen from the road unless one drives through
the unpaved private road. The building is white trimmed with
white on the eastern side of the unpaved road.
Lot of Land Francis Ave, Fox Hill, N.P.
Duplex Apartment
1-2 Bedrooms, 1-Bathrooms
1- 4 Bedrooms, 3-Bathrooms
Property Size: 5,000 sq.ft
Building Size: 2,291 sq.ft
Appraised Value: $216,000.00
From Fox Hill Road round -about travel south on Fox Hill Road
take the second left Davis Street turn keft of the T-junction
Armbrister Street then the first right Francis avenue, then the first
left and the subject property is the first on the right.


We provide financing to qualified buyers

CONTACT INFORMATION
RBC Royal Bank of Canada and RBC FINCO Loans Collection Centre
Tel: 393-2004


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


RBC
FINCO


THE TRIBUNE


RBC

FINCO



PROPERTIES LISTED FOR SALE

HOUSES

Lot#802, Golden Gates II, N.P. From Skyline Drive (Formally Ave) and West Bay Street travel Lot#101, St. Andrews Beach Estates, N.P.
Single Family Rsidence south on Skyline Drive take the third right, Devonshire Street and Single Family Residence
3 Bedrooms, 2 Bathrooms the subject property is the second on the right past the second comer 3 Bedrooms, 2 Bathrooms
Property Size: 5,807 sq.ft on the right, Oxford Ave. Property Size: 7,650 sq.ft
Building Size: 1,276 sq.ft Building Size: 1,412 sq.ft
Appraised Value: $156,000.00 Lot#413, Winton Meadows, N.P. Appraised value: $200,000.00
From St.Vincent & Baillou hill Rd travel west on St. Vincent Rd Single Family Residence Travelling east on Yamacraw Hill Road turn through the 2nd comer
take the fifth right which is Olive Rd. the subject building is second 3 Bedrooms, 2 1/2 Bathrooms on right handside after Commonwealth Blvd. (the main entrance
on left. Property Size: 7,550 sq.ft to Elizabeth Estaes Heading south on St. Andrews Beach Blvd.
Building Size: 2,683 sq.ft Turn through the 2nd comer on theleft-hand side and the building
Lot#1718, Pinewood Gardens, N.P. Appraised Value: $248,200.00 is the second building on the right-hand side.
Single Family Residence From Prince Charles Drive and Meadows Boulevard travel south
4-Bedrooms, 2-Bathroom on Meadows Boulevard take the second left Holly Road and the Lot#1342, Pinewood Gardens Subdivision, N.P.
Property Size:5,000 sq.ft subject property is the first house on the right hand side. Single Family Residence
Building Size: 1,980 sq.ft 3- Bedrooms, 2- Bedrooms
Appraised.Value: $177,000.00 Lot#722, Golden Gates #2 Estates, N.P. Property Size: 5,000 sq.ft
From East Street and Bamboo Boulevard (South Beach Police Siqgle Family Residence Building Size: 1,192 sq.ft
Station), travel east on Bamboo Boulevard take the fourth right, 3 Bedrooms, 2 Bathrooms Appraised Value: $132,000.00
Bay Geranium Ave, then the second right, Avocado Street and the Property Size: 5,000 sq.ft Turn north onto Thatch Palm Avenue from Pinewood Drive.
subject property is the fourth on the right. Building Size: 1,820 sq.ft Travelling north on Thatch Palm turn through the second comer on
Appraised Value: $188,000.00 the left-hand side, which is Bread fruit street, and the property is
Lot# 1266, Pinewood Gardens, N.P. Travel west along Carmichael Road, turn left at Mermaid Blvd the 16th lot on the left-hand side.
Single Family Residence west of Golden Gates Assembly near basketball court, travel south
3 Bedrooms, 2 Bathrooms to the end of that street and around'the bend and the subject is Lot #4, Coral Heights Meadows Subdivision, N.P.
Property Size: 5,000 sq.ft opposite the 2nd comer on your right house #80. Single Family Residence
Building Size: 1,035 sq.ft 3 Bedrooms, 2 Bedrooms
Appraised Value: $112,000.00 Lot#3, Pineyard Subdivision, N.P. Property Size: 7,500 sq.ft
Turn north onto Willow Tree Ave. from Pinewood Drive, travelling Single Family Residence Building Size: 1,448 sq.ft
north on Willow Tree Ave. turn through the 3rd comer on the left 3 Bedrooms, 1 Bathrooms Appraised Val;ue: $177,000.00
hand side which is Sugar Apple Street and the property is the 6th Property Size: 5,000 sq.ft Travelling west after Coral Harbour round about turn through the
lot on the\left hand side. Building Size: 1,223 sq.ft 1st comer after the Oasis Club on your left handside is called
Appraised Value: $146,000.00 Symonette Lane and the subject property is the 3rd lot on the left
Lot #171, Twynam Heights Subdivision, N.P. Enter Doris Johnson Estates from Rocky Pine Road and turn through hand side.
Single Family Residence the second comer on the left -hand side. Heading west the property
3 Bedrooms, 2 Bathrooms is the 3rd property on the left hand side. Lot corer Rose Street & Fox Hill, N..
Property Size: 10,149 sq.ft Single Family Residence
Building Size: 1,517 sq.ft Lot#480, Golden Gates Estates Section #2, N.P. 3 Bedrooms, 2 Bathrooms
Appraised Value: $213,000.00 Single Family Residence Property Size: 5,000 sq.ft
Travel east on Prince Charles Drive at the comer East of Super Property Size: 6,000 sq.ft Building Size: 1,533 sq.ft
Value turn right travel to the end at the T-junction turn left and the Building Size: 825 sq.ft Appraised Value: $167,000.00
subject property is the seventh on the left. Appraised Value: $120,800.00 Travelling north on Fox Hill Rd. pass the National Insurance Board
Travel west on Carmichael Road, turn left onto Antigua Street building the building is on the comer immediately passing the first
Lot#1040, Pinewood Gardens Subdivision, N.P. (comer of golden Gates Assembly) and travel south to the second comer on the left hand side.
Single Family Residence left. The subject is sixth house/seventh lot on right. The house is
3- Bedrooms, 2- Bathrooms painted white and trimmed orange. House No.14. Lot#129, Yellow Elder Gardens Phase#l, N.P.
Property Size: 5,000 sq.ft Single Family Residence
Building Size: 1,720 sq.fy Lot#13, Blk#6, Faith Gardens Subdivision, N.P. 3 Bedrooms, 1 Bathroom
Appraised Value: $162,000.00 Single Family Residence Property Size: 3,200 sq.ft
Travel south on east street, urn east onto Pinewood Drive first left Property Size: 6,000 sq.ft Building Size: 798 sq.ft
Thatch Palm turn onto 3rd left (Sugar Apple) fifteenth house. Building Size: 1,317 sq.ft .Appraised Value: $72,800.00
3-Bedrooms, 2-Bathrodnis Travel south on Blue Hill Road, turn right onto Seymour Street
Lot #18, Carmichael Meadows, N.P. Appraised value: $162,500.00 (Opposite Blue Hill Meat Mart) continue left on Seymour Street
Single Family Residence From Cow Pen Road and Faith Avenue South travel south on Faith and travel south to the third left which is Princess Court and the
(3) Bedrooms, (2) Bathrooms' Avenue take the first left on to Cleveland Blvd. take the third left subject is the third house on the right in the cul-de-ac the house is
Property Size: 6,189 sq.ft Knowles Drive and the subject property is the thirteenth lot on the painted yellow trimmed with white with the number 129 affixed.
Building Size: 1,203 sq.ft right.
Appraised Value: $146,000.00 Lot#8, Carmichael Road, N.P.
From Carmichael Road & road opposite Enoch Backford Memorial Lot#36, Bel-Air Estates, N.P. Single Family Residence
Auditorium (next to Carmichael Road Esso Gas Station), travel Single Family Residence 2 Bedrooms, 2 Bathrooms
north on road opposite Auditorium, take the second right, (opposite 2 Bedrooms, 2 Bathrooms Property Size: 19,123 sq.ft
West Carmichael Meadows Arawak Homes sign) then the first right, Property Size: 5,913 sq.ft Building Size: 2,752 sq.ft
and the subject property is the fifth on the left. Building Size: 986 sq.ft Appraised Value: $404,500.00
Appraised Value: $136,500.00 From Carmichael Road and Faith Ave travel south on Faith Avenue
Lot#15, Blk#13, Westward Villas, N.P. From Carmichael Road and Faith Avenue travel south on Faith Ave take the fifth right and the subject property is the sixth on the left
Single Family Residence and the subject property is the twenty-third lot on the left. peach trim white.
3 Bedrooms, 2 Bathrooms
Property Size: 8,000 sq.ft
Building Size: 1,121 sq.ft
Appraised Value: $243,000.00

VACANT LAND .
Lot#8, Southwjnd Gardens Subdivision, N.P. Lot#180, St. Andrews Estates Subdivision, N.P.
Vacant Land Vacant Property
Property Size: 11,451 sq.ft Property Size: 12,992 sq.ft
Appraised Value: $123,600.00 Appraised-Value: $125,000.00
Travel south on Blue Hill Road take the first right after Marshall Road (South wind Gardens From Yamacraw Hill Rd & Commonwealth Blvd. Travel east on Yamacraw Hill road take the second
Subdivision and the subject is the ninth property on the left. The subject is vacant property with a right St.Andrews Circle west travel all the way down and bear left around the curve take the first left
foundation in place and the initial stages of blocking up. turn Zanaida Drive the subject property is the first on the right
Lot of land Tower Heights Lot "D" Domingo Beach Estates
Vacant Lot Vacant Property
Property Size: 20,000 Property Size: 8,569 sq. ft.
Appraised Value: $145,000.00 Appraisal Value: $125,000.00
From the eastern Road and Fox'Hill Rd, travel east on the Eastern Road, take the first right past Black From East Street and South Beach Road, travel west on South Beach Road and the subject property
Beard Terrace, Tower Heights Road (approximately 1,900 ft. east of Fox Hill Rd), follow the road is opposite a two storey apartment building (white trimmed dark red) which is on the first comer on
over the hill, then turn left heading south down the hill and. the subject property is the third on the the right.
right. The subject property entrance is between House #4 on the northern side (and House#38 on the
southern side).

APARTMENTS/CONDOMINIUMS


* Electricity
* Water
* Generator
* Receptionist
* Kitchen and


I


BUSINESS


_1







THE TRIBUNE


PAGE 8B. THURSDAY, AUGUST 17, 2006


GN-386





GOVERNMENT

NOTICE


MINISTRY OF EDUCATION, SCIENCE
& TECHNOLOGY
P.O.Box N-3913/4
Nassau, Bahamas

NOTICE

INVITATION TO TENDER FOR SANITARY
DISPOSABLE SERVICE


1.0 You are hereby invited to submit a tender to provide
SANITARY DISPOSABLE SERVICE at the Ministry
of Education and Department of Education for the period
2006/2007 by the given specifications.

Ministry of Education (Plant location)
* Head Office 17 units
* Testing & Evaluations 7 units
* UWI Students Dormitory 7 units
* Educational Loan Authority Police Cooperative Bldg.
(Collins Avenue) 1 unit
* National Literacy Service (Moss Road) 1 unit
* National Library Services (College Ave.) 2 units
* National Arts & Craft Centre 1 unit
* Preschool & Special Education IDB Component (Collins
Avenue) 2 units
* IDB Harold Road (Teachers Credit Union Building)
6 units

Department of Education (Plant location)
* Boys & Girls Co-Eduational Schools 3 units
* All Schools (list can be obtained from the Ministry)

Service Schedule
All cubicles should be emptied and sanitized once per week

2.0 Interested Bidders may inspect/collect the bidding
documents from the Physcial Planning Section of the
Ministry of Education, Science & Technology,
Headquarters, Thompson Boulevard from Monday 14th
August, 2006.

3.0 Bids must be in English and shall be enclosed in a
sealed envelope bearing no identity of the bidder and
endorsed with the subject title (Sanitary Disposable
Service).

4.0 Bids must be deposited in the tender box provided at
the address shown below, on or before Monday 28th
August, 2006 at 4:00 p.m. (local time). It will not be
necessary to submit bids in person since they may be sent
by mail. Late bids will be rejected and returned unopened.

5.0 The Ministry reserves the right to reject any or all
tenders.

6.0 Bids will be opened at a public ceremony, in the presence
of those Bidders or their Representative who choose to
attend, at 10:00am on Tuesday, 29th August, 2006 at the
address below.

The Chairman Tender
Ministry of Finance
Cecil Wallace Whitfield
Cable Beach
P.O. Box N-3017
Nassau, The Bahamas
Tele: (242) 327-1530


Core US inflation


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NFRAIHAI
EMPLOYMENT OPPORTUNITY

MANAGER INSPECTIONS

The Securities Commission of The Bahamas, a statutory agency responsible foi regulating the
Investment Funds, Securities and Capital Markets in the Bahamas through its administration of
the Securities Legislation (the Investment Funds Act, 2003 (IFA) and Securities Industry Act,
1999 (SIA), is seeking candidates for the following position:

Responsibilities:
Planning and conducting on-site inspections of registered securities market participants,
including investment fund administrators, broker-dealers, securities investment advisors,
securities exchanges, and public companies to determine compliance with the Securities
Legislation and Financial Transactions Reporting Act.
Identifying and reporting breaches in legislation / policies and administration practices to
Legal Counsel for enforcement.
Managing the affairs of market participants and the Inspections Department.
Providing accounting advice and support, as required, to all departments within The
Commission.

Qualifications and Experience:
Qualified Accountant with a minimum qualification of a Bachelor's degree in
Accounting or Finance (Master's degree in Accounting or Finance preferred)
5-7 years experience in auditing or public accounting
Working knowledge of the securities industry and the relevant legislation

Competencies:
Excellent oral and written communication skills
Proficient in computer skills (including Microsoft Office applications, particularly Word
and Excel)
Excellent analytical skills and attention to detail
Ability to work well independently, as well as in a team
Innovation and creativity in problem solving
Highly self-motivated with a keen interest in developing expertise in the capital markets
Ability to multi-task
Salary will be commensurate with qualifications and experience. We offer a comprehensive
benefits package. Interested candidates should forward a copy of their resume to:
MANAGER CORPORATE AFFAIRS
SECURITIES COMMISSION OF THE BAHAMAS
P. O. BOX N-8347
NASSAU, BAHAMAS
Fax: 356-7530
E-Mail: info@scb.gov.bs
Deadline for applications is September I, 2006


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Bahamas Technical and
Vocational Institute




Introduces Developmental
Mathematics and English beginning
September 4, 2006


Monday and Wednesday
6:00- 7:50pm
8:00- 9:50pm


Tuesday and Thursday
6:00- 7:50pm
8:00- 9:50pm


Want to improve your
Math or English skills?


All interested persons, call the
Admission Office @ 502-6338/9


d L ~LIL~ P -- -----9~ -


THURSDAY, AUGUST 17, 2006, PAGE 9B


m


NOTICE OF NEW CHAMBERS

This is our Move...
What's Yours?
Introducing....


HANCELLORS
CHAMB ER S



Address: We are pleased to announce the
Samana Hill establishment of Chancellors Chambers,
14 Village Road (North) Counsel & Attorneys-at-Law, a full service
P.O. BoxN-4589 commercial law firm at Samanra Hill, 14
Nassau, Bahamas Village Road (North).

Telephone/Fax: The attorneys of Chancelors Chambers
[2421 394-1823 are, Kenred M.A. Dorsett (Partner). Lori
[2421 394-1824 Nelson, Merrit Storr and Richette
Percentie. Other members of our staff are
Website: Ms. Denise Cartwright, Ms. Kaylyn
wwwv.ccsbahamas.com Fisher, Ms. Kayla Smith, Ms. Tameka
info@ccsbahamas.com Rolle, Ms. Marvia Thomas, Ms. Renell
Coleby and Mrs. Ruthnell Edgecombe.






Partner: Kenred M. A. Dorsett
Associates: Merrit A. Storr
Lori C. Nelson I Richette C. Percentie "


THE TRIBUNE


Ifiruml


* *bll









PAGEBUSINE BAU


LEGAL NOTICE

NOTICE

RASPBERRY INVESTMENTS LIMITED

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




ARGOSA CORP. INC.
(Liquidator)




LEGAL NOTICE


NOTICE

BRAY PLANES LTD.


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



ARGOSA CORP. INC.
(Liquidator)



LEGAL NOTICE

NOTICE


DARAKSHAM HOLDINGS LIMITED

Notice is hereby given that in accordance with
Section 138 (8) of the International Business Companies
Act, 2000, the dissolution of DARAKSHAM.
HOLDINGS LIMITED, has been completed; a
Certificate of Dissolution has been issued and the
Company has therefore been struck off the Register.



ARGOSA CORP. INC.
(Liquidator)





Position available:
Senior Manager Operations
The Senior Manager Operations will design and coordinate
activity programs for a Bahamian destination management
company.
Knowledge/Skin Requirements
Minimum of 10 years experience;
Very good organizational and interrelation skills;
Very creative and ability to adapt quickly;
Working on irregular hours, often on Sundays, Holidays, and
late-nights;
Experience in managing staffs;
Very good knowledge of events management services;
High energy, motivator, self starter willing to work without
supervision;
Good computer skills and good knowledge of Word, Excel,
Internet and ACT;
Fluent in English, Spanish and French
Salary
Salary according to experience level
Applications
If you are interested please do it before August 28th, 2006.
Please send your resume to:
P.O. Box CB-12762 (Saite #225)
West Bay Street Shopping Centre
Cable Beach, Naines, Bahanmas
I i


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Notice

NOTICE is hereby given that AMOS GARRY SEIDE, 18970
NW 27TH AVENUE, MIAMI, FLORIDA 33056. U. S. A.
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.10th day of AUGUST, 2006 to the Minister
responsible for Nationality and Citizenship, P.O.Box N- 7147,
Nassau, Bahamas.



NOTICE
NOTICE is hereby given that JEAN PIERRE BIRBAL OF P.O. Box F-
43201, #13 SHERWOOD DRIVE, LUCAYA, 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 10TH day
of AUGUST, 2006 to the Minister responsible for Nationality and
Citizenship, P.O.Box F-41085, Grand Bahama, Bahamas.












For the

Tennis Center


Ph: 323-1817
East Steet
Nassau, Bahamas


Legal Notice



NOTICE OF DISSOLUTION

OF

SURFSTAR LIMITED


Notice is hereby given that liquidation of the above company commenced
on the 16th day of August, 2006 and that Credit Suisse Trust Limited
of Bahamas Financial Centre, Shirley & Charlotte Streets, Nassau,
Bahamas has been appointed Liquidator of the Company.


Credit Suisse Trust Limited
Liquidator


e 0 a-

GIRDas~.




Vb a m,-



.GN.


Now
.


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Notice

NOTICE is hereby given that ANITE RENA, DEANS LANE #6,
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 10th day of AUGUST, 2006 to the
Minister responsible for Nationality and Citizenship, P.O.Box
N- 7147, Nassau, Bahamas.




NOTICE
NOTICE is hereby given that MARGOT ROBIN FOUNTAIN
OF P.O. BOX CB-11724, 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 10TH day of AUGUST, 2006 to the Minister
responsible for Nationality and Citizenship, P.O.Box N- 7147,
Nassau, Bahamas.


Notice

NOTICE is hereby given that SHINELLE CHARLES,
FINLAYSON STREET, NASSAU, BAHAMAS, is applying to
the Minister responsible for Nationality and Citizenship, for
registration/naturalization as a citizen of The Bahamas, and
that any person who knows any reason why registration/
naturalization should not be granted, should send a written and
signed statement of the facts within twenty-eight days from
the 10th day of AUGUST, 2006 to the Minister responsible
for Nationality and Citizenship, P.O.Box N- 7147, Nassau,
Bahamas.



NOTICE,
NOTICE is hereby given that DURONA JOSEPH OF PRINCE,
CHARLES, 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 arid signed statement:
of the facts within twenty-eight days from the 17TH day of AUGUST,!
2006 to the Minister responsible for Nationality and Citizenship,;
P.O.Box N- 7147, Nassau, Bahamas.



NOTICE
NOTICE is hereby given that ROBERT BAPTISTE OF SOUTH
BEACH, NASSAU, BAHAMAS, is applying to the Minister
responsible for Nationality and Citizenship, foe
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 17TH day of AUGUSTI
2006 to the Minister responsible for Nationality and Citizenship,
PO.Box N- 7147, Nassau, Bahamas. ,


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PAGE 10B, THURSDAY, AUGUST 1 7, 2006


THE TRIBUNE


( -- -


...NNW


o o









THE TRIBUNE BUSINESS

THURSDAY EVENING AUGUST 17, 2006

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

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ICC) Nalm. A eernadger ,l:h rrlelll I':I he rl:, hll lTll'.l 'll (II.
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EWTN Lady Aquinas Church
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C FFox Report- The O'Reilly Factor ILivel (Ci Hannity & Colmes ILnel Ii: On the Record With Greta Van
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GSN Lingo (CC) Who Wants to Be a Millionaire 1i Chain Reaction Starface (iC I The 50 Greatest Game Shows of
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:00) Walker, Walker, Texas Ranger Somenrie i, MYSTERY WOMAN- SING ME A MURDER 12005, Myslery) Kellie Mar-
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INSP Morris Cerullo Breakthrough Love a Child Inspiration To- Life Today ICL: This Is Your Day The Gospel
iINSP CCI day (CC__I Truth
8 Simple Rules The Fresh My Wife and My Wife and Friends The Everybody Everybody
KTLA Cate's sister Prince of Bel-Air Kids "Rapacade- Kids "Diary of a Crl With the Loves Raymond Loves Raymond
moves rn (CC) l (CC) ry ,ilC, Mad Tn li;e i, I ip I CC) 'The Lener" n i (CC)
SEX AND THE SINGLE MOM (2003, Drarrmal Gail 0 * THE DIVE FROM CLAUSEN S PIER (2005, Drama) Michelle Tra-
LIFE Grady, Grant Show, Danielle Panabaker. A divorcee chtenberg, Will Estes, Sian Mriher A woman flees to New York after her
learns she is pregnant after a bnel alhar. (CC) fiance becomes paraly;ed liC I
HMSN C Hardball Countdown With Keith Olber- Scarborough Country MSNBC Investigates: Held
M N (C C manner Hostage
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NI Boy Genius SquarePants Iparty, n "Fuller House" Bel-Air Bel-Air Bel-Air
NTV 1:00) NUMB3RS Big Brother: All-Stars Houseguest Without a Trace'The Road Home" News A (CC) News
Backscafter" evicted. (Live) (CC) ,, (CC)
OLN Benelll's Dream Best & Worst of Expedition Sa- Legends of the Ring
OLN Hunts (CC) Tred Barta fari'(CC) '
ED NASCAR Be- Backin the Day American Mus- Payback Tim Car Crazy Barrett-Jackson 2006: The Auc-
SPEED yond the Wheel cle Car Duncan" tions (N)
Against All Behind the Michael Youseff Bishop T.D. This Is Your-Day Praise the Lord (CC)
TBN Odds Scenes (CC) Jakes (CC) (CC)
Everybody Friends The Friends Joey * GOODFELLAS (1990, Crime Drama) (PA) Robert De Niro, Ray
TBS Loves Raymond group plans a and Chandler Liotta, Joe Pesci. An Irish-Italian hoodjoins the 1950s New Yolk Mafia.
n (CC) birthday party, baby-sit Ben. (CC)
Mostly True Sto- Wild Weddings Malapropisms and Wild Weddings "Ceremony Blun- Wild Weddings A bridegroom
TLC ries: Urban Leg- mispronunciations from wedding ders" A very bad bagpiper leads a laughs so hard he cries during an
ends rites. (CC) procession into a church. (N) entire ceremony. (N)
Golf PGA Cham- Law & Order "All My Children" The * THE RON CLARK STORY (2006, Biography) Matthew Perry, Emie
TNT pionship-- First Murder of a prep school student Hudson, Melissa De Sousa. A New York teacher has a lasting impact on
Round. .points to a mystery woman., r,. :iuJ'rl (CC)
TO N Home for Imagi- Grim Adven- Ed, Edd n Eddy Camp LaZlo Xiaolin Show- Naruto Futurama The
TO N nary Friends tures Turkey-doodle. down n (CC) Deep South"
TVSavoir plus sciences Comprendre Coeurs Y'AURA PAS ECOLE DEMAIN (2003) Roland Giraud, Journal TV5
ITV et dcouvrir. batailleurs Delphine Rich, Bruno Slagmulder.
(6:00) Weather: Storm Stories Storm Stories Weather: Evening Edition (CC)
TWC PM Edition (CC) Tornado. (CC) Gloucester. (N)
(:00) Heridas de La Fea Mas Bella Lety es una nina Barrera de Amor (N) Aqui y Ahora
UNIV Amor (N) dulce, romantica e inteligente, pero
apenas atractiva. (N)
(:00) Law & Or- Law & Order: Special Victims Unit Law & Order: Criminal Intent A Law & Order: Criminal Intent After
USA der: Criminal In- A young rape victim steps off a sub- murder investigation leads detec- a parolee is killed, detectives inves-
tent n (CC) way platform. ,C (CC) lives to a friend of Capt. Deakins. tigate his sister. (CC)
H(:00) The Flavor The Drug Years "Break on The Drug Years The counter-cul- The Drug Years "Teenage Waste-
VH 1 of Love A Through (Part 1 of 4). lure's drug experimentation, land" (Part 3 of 4)
(:00) America's ,* ON THE LINE (2001, Romance-Comedy) Lance Bass, Joey Fatone, WGN News at Nine (CC)
WGN Funniest Home Emmanuelle Chriqul. A young ad man launches a campaign to find his
Videos (CC) true love. C (CC) _
Everybody Smallville "Void" Lana experiments Supernatural "Skin" Sam and Dean WB11 News at Ten With Kalty '
WPIX Loves Raymond with a dangerous serum that allows hunt a shape-shifter terrorizing a Tong, Jim Watkins, Sal Marchiano
Cl (CC) her to flatline. (CC) small town. n (CC) & Mr. G (CC)
Jeopardy! "Teen Everybody Love, Inc. Clea Eve Nick learns Cuts An old col- Dr. Phil Newlyweds on the brink of
WSB K Tournament" Hates Chris ,n struggles with a that Lynn is mar- lege friend visits divorce. (Part 1 of 2)
(CC) (CC) relationship. ried. (CC) Tiffany. C (CC)
* THE WEDDING DATE (2005) Debra Messing, *, MR. & MRS. SMITH (2005, Action) Brad Pitt, Angelina Jolie, Vince
H BO-E Dermot Mulroney. A woman brings a male escort to her Vaughn. A husband and wife are assassins for rival organizations. C
sister's wedding. n 'PG-13' (CC) 'PG-13' (CC)


(6:00) *** *** CHARLIE AND THE CHOCOLATE FACTORY (2005, Fantasy) **** TITANIC (1997) Leonardo
HBO-P TO FAMILY Johnny Depp, Freddie Highmore, David Kelly. Five children tour the won- DiCaprio. A woman falls for an artist
HOUSE (2000) drous factory of an odd candy-maker. n 'PG' (CC) aboard the ill-fated ship.
(6:30) **RAC- (:15) ** PHENOMENON (1996, Drama) John Travolta, Kyra Sedgwick, Forest Whitaker. ** THE WED-
HBO-W ING STRIPES A small-town mechanic is gifted with amazing mental powers. 'PG' (CC) DING DATE
(2005)'PG' (CC) (2005) 'PG-13'
(6:15) *** THE COLOR PURPLE (1985, Drama) ** GOODBYE LOVER (1998, Comedy) PatriciaAr- (:45) **T THE
HBO-S Whoopi Goldberg. Basedon Alice Walker's portrait of a quette, Dermot Mulroney. Murder arises where a femme SIEGE (1998)'R'
rural black woman. C 'PG-13' (CC) Ifatale's hot affair cools down. 'R' (CC) (CC)
* *i RAY (2004, Biography) Jamie Foxx, Kerry Washington, Regina King. Ray Charles * BEVERLY HILLS COP
MAX-E overcomes hardships to become a legend. C 'PG-13' (CC) (1984, Comedy-Drama) Eddie Mur-
phy. n 'R' (CC)
(:15) ** MOBSTERS (1991, Drama) Christian Slater, * THE CONSTANT GARDENER (2005, Drama) Ralph Fiennes,
MOM Patrick Dempsey. Based on the rise of young Lucky Rachel Weisz, Danny Huston. An English diplomat investigates the death
Luciano and his pals. C 'R' (CC) of his wife. C 'R' (CC)
(6:25) HOTEL RWANDA ** SUSPECT ZERO (2004, Suspense) Aaron Eck- (:15) ** THE RIVER KING (2005,
SHOW 04Drama) Don Cheadle. iTV. hart, Ben Kingsley. iTV. FBI agents search for a mur- Crime Drama) Edward Bums. iTV,
'PG-13' (CC) deer of serial killers. Cl 'R' (CC) C 'R' (CC)
(6:30) SWEET HELLRAISER: HELLSEEKER (2002, Horror) Ash- DONNIE DARKO (2001, Fantasy) Jake Gyllen-
TMC USTICE (1992) ley Laurence, Doug Bradley. A former nemesis returns haal, Jena Malone. A prophetic rabbit tells a teen that
to battle the evil Pinhead. C 'R' (CC) the world will end. n 'R' (CC)


THURSDAY ,AUGUST 17, 2006, PAGE 11B


One Piece One Price


MULTIPjjRPOSE


SiW S FRE


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THE TRIBUNE BUSINESS


PAGE 12B, THURSDAY, AUGUST 17, 2006


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(71 CRYPTIC PUZZLE 1 3 I4 M5 16 17


ACROSS
Gardening informant? (5)
Agitatedly paces the room (5)
Not much money for a half-hour
with a horsy character (7)
Where there's not a Sassenach in
sight? (5)
A vegetable container (5)
King who restyled his hair a lot (5)
An arrest made at Siverstone,
say? (3,4)
Quietly do wrong, in a certain case
(3)
God's is at thechurch (4)
City I named anew (6)
Joined someone to gel measured
(5)
Persevered wih the latest edibon
(6)
Beefy speclatr? (4)
Sti the old-fashioned typed
heading (3)
On which to lie, being modest
about something pluckyl (7)
Soldier boy's forename? (5)
Pretend to te a cool-headed
character (5)
Cilia's strange bloomer (5)
Ship a gir to town (7)
Beat Alf silly at the film central (5)
Certain material is sham to him (5)


DOWN
Curtis turned countryman (6)
English dialect some Scots use?
(6)
Abolished tax on TV, say (3)
A long piece the band hasn't quite
finished? (5)
Rags due for recycling in a tasteful
coat(7)
Wild romp at the Albert Hall? (4)
Black stuff that's gogd for the car?
(6)
What the optimist did when he'd
got out of work (5)
Chummy, pig-headed mate (5)
Not quite the true way to have
faith? (5)
Model for a mural? (3-2)
Well, we're out during the day, so
hang around (5)
Fluid, methinks notiting fluid (5)
Incorrectly claimed to be curative
(7)
It fulfils a signal need (6)
He made room at te op (6)
A glove mistaken for a food
addiivel (6)
Something o st down and play (5)
Cinema version of Soldier,
Soldier(4)
Cut and n, almost (3)


CRYPTIC SOLUTIONS

ACROSS: 4, Resort 7, Kangaroo 8, Spades 10, P-lead 13, Tear 14, Sits 15, M-ls-S
16, Cur 17, Ch-ap 19, Soul 21, Good s-port 23, Le-t-s 24, Tang 26, Jam 27, Trey
29, Am-os 32, Fear 33, Snipe 34, Sc-roll 35, Last time 36, C-rummy
DOWN: 1, Skips 2, Inlet 3, Band (banned) 4, Roses 5, Star 6, Ru-eful 9, Pass on
11, L-i.e. 12, A-Scot 13, Tipster 15, MA-D 16, Cut 18, Hostel 20, Organ 21,
G-e'm 22, Pay 23, Lancer 25, Pop 28, R-ally 30, Minim (rev.) 31, S-ever 32, Form
33, Site

EASY SOLUTIONS

ACROSS: 4, Gaping 7, Approval 6, Egrets 10, Noose 13, Part 14, Turn 15, Pane 16,
Lea 17, Acer 19, Ewer 21, Protected 23, Ties 24, Nose 26, Wig 27, Sett 29, Doge
32, Lens 33, Pylon 34, Cadets 35, Unfreeze 36, Settle
DOWN: 1, Faint 2, Spoor 3, Hole 4, Glean 5, Pert 6, Natter 9, Greets 11, Out 12,
Snare 13, Parents 15, Pet 16, Led 18, Coset 20, Weedy 21, Pig 22, Cot 23,
Tirade 25, Ego 28, Ensue 30, Older 31, Enter 32, Lent 33, Port


ACROSS
1 Navigallon aid
(5)
S Drift (5)
9 Japanese
warrior (7)
10 Cheerful (5)
11 Bloodsucker (5)
12 Searches(5)
13 Loosen(7)
15 Moist(3)
17 Canvas shelter
(4)
18 Commands (6)
19 Bringsup(5)
20 Higher(6)
22 Mark (4)
24 Before (3)
25 Gannents(7)
25 Traveling
entertainments
(5)
27 Writtenslander
(5)
28 Start(5)
29 Branch of
mathematics
(7)
30 Defeats (5)
31 Abundant (5)


(C Caln & Hobbes )







aerial




tent


-I


News Providers
a a


Contract Bridge

By Steve Becker


East Sells Declarer a Bill of Goods


South dealer.
East-West vulnerable.
NORTH
*QJ8
VQ5
*AQ1093
+K42
WEST EAST
S3 K4K976
VAK93 V862
+8754 *62
+10975 +QJ86
SOUTH
*A10542
VJ 1074
*KJ
3A3
The bidding:
South West North East
1 Pass 2 Pass
2 NT Pass 3 Pass
4+
Opening. lead king of hearts.
It is sometimes necessary to mis-
represent your hand to partner in
order to achieve a particular goal.
This is especially true on defense
when a situation arises where you
can afford to mislead partner without
causing your side any injury.
Here is a typical case. Assume
you're East, and partner leads the
king of hearts against four spades.


You can tell from the bidding that
declarer will make the contract with
normal play. The most you can hope
to score on defense are two hearts
and a trump trick.
But you shouldn't be willing to
concede the contract without putting
up a fight. You might be able to
throw a scare into declarer that will
cause him to lose a trick he would
not ordinarily lose.
So, with this in mind, you play the
eight of hearts on West's king and the
two when he continues with the ace.
By playing the 8-2 in this fashion,
you indicate that you, would like
partner to lead still another heart.
When West continues with the
three, South, who has observed your
high-low, is very likely to conclude
that you asked for the suit to be con-
tinued because you started with a
doubleton heart. Since he has no
good reason to doubt this, he'is apt to
ruff with dummy's jack of trumps-
and if he does, you've got him!
When you follow suit to the third
heart, South will realize he's. been
had, but it's then too late for him to
do anything about it. He cannot pre-
vent you from scoring two trump
tricks, and the apparently certain.
contract goes down the drain.


I T~~ARGT


N




T


F




H


L




E


The
Target
uses
words in
the main
body of
Chambers
21st
Century
Dictionary
(1999
edition)


HOW many words of four
letters or more can you make
from 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 plurals
TODAY'S TARGET
Good 15; very good 23;
excellent 30 (or more).
Solution tomorrow.


DOWN
Cultivatable(6).
View (6)
Beam (3)
Spice (5)
Hesitates (7)
Untruths (4)
Sportsman (6)
Cut(5)
Condition (5)
Comer (5)
Servant girl (5)
Russian rulers
(5)
Spoken exams
(5)
Remembers
(7)
Reach a
destination (6)
Brook (6)
Antenna (6)
Wept (5)
Achievement
(4)
. Undergarment
- (3)


L .a -
K


Cli)'I


CHESSby Lenard arde


Tatiana Kosintseva v Shen Yang,
Turin women's Olympiad 2006.
China has dominated women's
chess for a decade, but this year
outside factors intervened and
none of the country's three
individual world champions
took part. Xie Jun is bringing up
her family, Xu Yuhua expects her 4
first child, while Zhu Chen
played for the men's team of her
husband's country, Qatar. So the 2
medals went to Ukraine, Russia
and the US, but China will soon
be back. Hou Yifan, 12, was one
of the top Olympiad individual
scorers and many experts
believe she can rival Hungary's
legendary Judit Polgar as the
best female player of all time.
Here the Russian (White, to play)


8180


I -- I
-- -- -- g


a b c d e. f g h
is a pawn up and, more
importantly, has the black king on
the ropes. How did Kosintseva win
quickly?


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Tribune

Horoscope


By LINDA BLACK


THURSDAY,
AUGUST 17

ARIES Mar 21/Apr 20
Romance will be at the center of
your week, Aries. Think about all of
the ways you can surprise and spoil
your special someone. Go beyond
what would be expected.
TAURUS Apr 21/May 21
You have to change your outlook on
the future, Taurus, or else you're
going to end up in a rut. Positive
thinking is the name of the game. -
Once you do so, success will come.
GEMINI May 22/Jun 21
Stop worrying what others think,
Gemini. This week you'll be march-
ing to your own beat, so there's no
point worrying about the reception
you will receive.
CANCER Jun 22/Jul 22
The fun and games'have to come to
an end momentarily, Cancer. This
week you need to buckle down and
put your nose to the grindstone.
Work is all-important.
LEO Jul 23/Aug 23
Rest, relaxation and reconnection
are thie words to qive by this week,
Leo. Plan an escape and meet up
with an old friend with whom
you've lost touch.
VIRGO Aug 24/Sept 22
A new friend will enter your life this
week, Virgo, although this person
might not seem like it at first. Once
you two have a chance to warm up to'.
each other, there will be a bond.
LIBRA Sept 23/Oct 23
Now' is not tie time to make rash
purchases, Libra. Therefore, put
your wallet on lockdown. Pinch pen-
nies where you can and make frugal,
purchases at the store.
SCORPIO Oct 24/Nov 22
A confrontation with a spouse or
loved one leaves you sizzling mad,
Scorpio. Not being one to outwardly
show your temper often, you'll catch
others off guard.
SAGITTARIUS -Nov 23/Dec 21
There's more to a new deal that is
presented to you than meets the eye,
Sagittarius. Just don't seem so anx-
ious to get on board, or others might
take advantage of you.
CAPRICORN Dec 22/Jan 20
Stop getting into quarrels with every-
one you meet, Capricorn. You are
welcome to have your opinion, but
don't expect everyone to think or act
the same way as you do.
AQUARIUS Jan 21/Feb 18
You just don't feel like yourself'
lately, Aquarius. Regain your peo,
pie-pleasing persona by taking a few
days off to have a change of scenery.
The break will do wonders.
PISCES Feb 19/Mar 20
Don't beat yourself up when a project
doesn't go your way, Pisces. You will
have a chance to redeem yourself in a
few weeks.


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Session 1 Session 2
10am-2pm 6pm-11pmr
SPONSORED BY:
Snipbho d -mi
SIAI1, beD l Up nD
nIi IIn I v N rr DnDS O RTS


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& HOUSING


www.bohomasvolleyballfed.com Ph:(242)422-5961/(242)552-3328


Colinalmperial


BeS mLEVOiart /
B3AHAMAS LVIS/ONV'o7


THURSDAY, AUGUST 17, 2006, PAGE 1.3B


TRIBUNE SPORTS


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PAGE 14B, THURSDAY, AUGUST 17, 2006





Fans set to en


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the CVC in coin


T'S fitting that the
Caribbean Volleyball
Championships, which
christened the opening of
the Kendal Isaacs Gymna-
sium in 1994, is the first
event being staged after the
refurbishment of the gym.
Fans can be assured that
they will be in comfort
when they attend the cham-
pionships beginning on Sun-
day. I've been impressed
with the renovation that
I've seen in the national
gym.
Pat Evans and the staff at
the Ministry of Youth,
Sports and Housing must be
commended for the trans-
formation of the gym over
the past week.
They have resurfaced the
playing floor and spruced
up the bleachers, changing
rooms and the bathroom
facilities and fresh paint has
plastered the walls.
The gym certainly need-
ed the facelift after it went
through the wear and tear
of the constant use of the
facility from a which


STUBBS


OPINION


range of events.
It's a pity that the
Bahamas doesn't host a


major international sport-
ing event every year in the
gym so that it remains at a
high level of maintenance.
The Bahamas Volleyball
Federation should feel
proud of putting the
Bahamas and the gym on
display when the visiting
teams from around the
Caribbean come to town
this weekend.
Facilities are always a
concern wherever you play
and the players will defi-
nitely have a first class facil-
ity in which, to display their
skills during the tourna-
ment.

XW ith the Bahamas
playing host, the
only'thing left is for both
the men and women's teams
to clinch the gold medals. It
would put the icing on the
cake for our celebrations at
the end of the tournament
on August 30.
We have put together two
solid teams, featuring a mix-
ture of young players, the
majority of whom are in col-


lege or have had some col-
lege experience.
The same can't be said
about some of the other
countries, as the hosting of
the tournament so late in
the year has affected their
rosters as some of their col-
legiate players have had to
return to college.
The federation could not
have picked a better time to
put on the tournament. Now
it just remains to be seen if
our players can deliver on
their home soil.
.What also impresses me
about what the federation
is doing is that they have
provided space in the
Games Village for the local
players. to gather to bond
together.
As a team competition,
it's only fitting that when
the Bahamas moves around,
they do it together as if they
are on the road.
They are in the same liv-
ing environment, eating,
sleeping and traveling to
and from the tournament,
as one.
The players don't need


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Cyclists prepare for the




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around a course in South Ocean.
And stage three will conclude at
11am at the Coral Harbour round-a-
bout with an eight-mile individual time
trial.
Competitors will be competing for
$600 in cash prizes and hundreds in
trophies and gift certificates.
Categories will include senior one,
two and three, masters 40 years and
over, women's one and two and junior
boys and girls 17-and-under and 14-
and-under.
Lee Farmer is the overall defending
champion.
However, Barron Musgrove said they
are anticipating a greater number of
the young cyclists competing.
"That's the main objective," he
stressed. "It's not so much geared


THE Trophy
Case has once
again sponsored
the Bertram 'Cow-
boy' Musgrove's
Tour de New Prov-
idence, scheduled
for this weekend.
Pictured above is
organiser Barron
'Turbo' Musgrove
surrounded by Tro-
phy Case employ-
ees Tonia Knowles-
(left) and Sharon
Thompson (right)
behind some of the
trophies up for
grabs.


towards the seniors, but it's a good
competition for them. We just want to
bring out more people and get them
involved in the sport."
While the bulk of competitors are
expected to compete from New Provi-
dence, Musgrove said they expect a
wider participation from Grand
Bahama and the Family Islands
because his father has touched the lives
of cyclists throughout the Bahamas.
"I think it's incumbent upon me.to
continue the legacy that my father has
left behind," he reflected. "He's con-
tributed to the society and so it's just
something that I enjoy doing and most
people would want to see.
"So I'm just doing what a good son
ought to do to show his appreciation to
his father."


W- I


Federation

president

pleased with

preparations


*i


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* VOLLEYBALL.
By BRENT STUBBS
Senior Sports Reporter
WITH the Caribbean Vol-
leyball Championships set to
start on Sunday, Bahamas
Volleyball Federation presi-
dent Don Cornish is quite
pleased with the preparations.
However, Cornish said they
are still short of their project-
ed target of $200,000 to host
the week-long games at the '
Kendal Isaacs Gymnasium.
"The'preparations generally
have been goingvery well, but .
while we have not reached
our projected target, sponsors ,_
are coming on board daily,"
he stressed. "So we feel confi- -
dent that we will achieve our
goal."
BTC is the major sponsor o
the championships, having.
pumped $40,000 in cash and
another $10,000 in additional *
support. The Bahamas Gov- .0
ernment has provided a grant
of $15,000.
Additionally, Cornish said a i.
number of other sponsors like
Texaco Star Mart, Pearle
Vision, Colinalmperial, the
Ministry of Youth, Sports and;,
Housing, the Ministry of *
Tourism and the Broadcasting,
Corporation of the Bahamas,
have also made a financial
contribution.
And he said they have
secured a number of sponsors
in the games booklet, which
has helped to offset some of
their expenses for the games
secretariat, security, games
village, food and transporta-
tion.
"So I suspect that at the end
of the day, we will have .
achieved our goal," he insist- ,,
ed. "We are urging those ,
companies who want to still
come on board to contact oure"
secretariat at the Kenal Isaacs-
Gym."
As for the gymnasium, Cor-'.
nish said they are quite
pleased with the renovation. i
He noted that the players and .
the spectators alike will be ,
able to participate in a high ,.
level of competition in com- .
fort.
Cornish, however, noted
that they are still trying to
secure some additional light-
ing on the outside to accom-
modate the fish fry atmos-
phere they hope to stage as an.
added feature to the tourna- '"
ment. .
And he said they have also i
factored in a back-up genera-
tor so that, in the event that
there is a power failure, the
championships won't have to '
be interrupted.
"Other than that, every-
thing is set to go," Cornish
noted.
The Bahamas last hosted
the championships in 1994,
the same year that the gymna.
sium was officially opened.


TRIBUNE SPORTS .






o !




fort

the distractions they are
faced with if they were stay- %
ing at home. So hopefully V
their unity off the court will
make the difference in.their V
performance on it.

his should be the
norm whenever we ;
host such international -.
events of this magnitude,,
especially if we want to be
in a better position to con-
tend for the gold. .
Although they will clash &
with the Bahamas Basket-
ball Federation's hosting of"',
division one collegiate
teams in some exhibition.
games at the DW Davis-,.
Gym and Loyola Hall, 1*,
think the fans should go out*
and show their support for;
the volleyballers.
I believe that the players,.7
will rise to the occasion in'`
the new environment at the'
Kendal Isaacs Gym to put,'
the Bahamas on top as one*. .
of the powerhouses in the,%
sport.
Make sure and get your
tickets early.


HERE'S some of the young cyclists who are expected to compete
in the Bertram 'Cowboy' Musgrove's Cycling Tour de New Providence this weekend.


* CYCLING
By BRENT STUBBS
Senior Sports Reporter
THIS weekend will be a memorable
one for the New Providence Cycling
Association as the Bertram 'Cowboy'
Musgrove Cycling Tour De New Prov-
idence is staged.
The event is being held in memory of
the late Bertram Musgrove, who played
an integral part in the growth and
development of the sport as president
of the Bahamas Cycling Federation
before he died in 1996.
Since the formation of the memorial
race in 1997, the Trophy Case has been
the principal sponsor and manager
Christine Lawrence said they are
pleased to keep his memory alive.
"Cowboy Musgrove was a good cus-
tomer of ours and we had a very good
rapport," Lawrence charged. "I know
Barron is doing some good things with
the kids, so we just wanted to keep his
memory alive."
Lawrence admitted that while she
doesn't get out to watch the events,
she's been pleased to see how his son,
Barron 'Turbo' Musgrove has helped to
keep the sport going at such a high lev-
el, both on the local and international
scene.
Three stages of racing over Saturday
and Sunday will make up this year's
tour.
Stage one will begin on Saturday at
8am from the Coral Harbour round-a-
bout and will cover 60 miles around
the western end of the island.
Stage two is set for Sunday at 8.30am
and will cover six miles or five laps


i I
































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Every week winnerswill be drawn at each participating store.


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SPORTS









THURSDAY, AUGUST 17, 2q06 o..


SECTION


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


MIAMI HERALD SPORTS


Jamaica o take p art in


o'e


all c hamions hip s


* VOLLEYBALL
By BRENT STUBBS
Senior Sports Reporter
INSTEAD of traveling to
Jamaica to play a few exhibi-
tion games, the Bahamas Vol-
leyball Federation will now pre-
pare to host the powerhouse
nation at the Caribbean Vol-
leyball Championships.
The federation revealed yes-
terday at a press conference at
the refurbished Kendal Isaacs
Gymnasium that they aborted
their scheduled trip to Jamaica









* TRACK AND FIELD

RUDON Bastian, the
lone Bahamian compet-.
ing on the second day of
competition at the
IAAF World Junior
Championships in Bei-.
jing, China yesterday ,
placed llth out of 12t i
in the men's long jump.
Bastian cleared just
7.34 metres on his first
attempt and scratched
his second and third
attempts, falling out of
contention for the final
three rounds.
The gold medal went
to Robert Crowther of
Australia with an area,
record of 8.00. American
Antone Belt posted a
personal best of 7.95 for
the silver, while the
bronze went to Klaov'i
Zhang of China with
7.86.
Today, tmo more ath-
letes were in action
Bianca Stuart compet-
ed as the 15th of 16 com-
petitors in the Group B
segment of the women's
long jump. A total of 15
competitors \%ere
entered in Group A.:
The automatic qualify-,
ing mark was 6.20 or at
least the best 12 jumpers
qualified for the final.
On the track, Sheni-
qua Ferguson attempted
to advance to the semifi-
nal of the women's 200
metres as she did in the
100. Ferguson ran out of
lane four in the third
seven heats.
The first three finish
ers in each heat, plus the
three fastest times
advanced.
No Bahamian was
entered in the men's
200.


this week for a few exhibition
games before the CVC gets
started on Sunday.
Jamaica, who had originally
indicated that they won't be
able to make it here for the
tournament, have now booked
their men's team to arrive on
Friday, but the women won't
be coming with the team being
dismantled as most of the play-
ers-have returned to college.
Federation first vice president
and women's head coach Joe
Mo Smith said while they would
have liked to travel, but are
indeed delighted to stay at
home and continue to prepare
for the tournament.
"We now have eight teams in
the men's pool," said Smith,
referring to defending champi-
bns Barbados. Trinidad &
Tobago, Netherlands Antilles,
US Virgin Islands, Guadeloupe
and Haiti, % ho are making their
debut.
The women's side will com-
prise of the Bahamas, defending
champions Barbados, Trinidad
& Tobago, Dominica, Haiti and
the US Virgin Islands.
"We're_ trying. to build a
championship here and not that
we're calling any team easy, but
based on the rankings from the
last CV and looking at the
teams coming in, we are open-


ing up with the Haitian team,"
Smith charged.
"We don't know what they
look like, but we are anticipat-
ing some junior players coming
to represent Haiti. Our men will
open up against them on Sun-
day after the opening cere-
monies. And our ladies will
open up against Haiti on Mon-
day night."
Smith said the aim for the
federation is to showcase their
teams against the weaker teams
first and build the momentum
as the week progresses with the
seeded teams like Barbados,
Trinidad & Tobago and
Jamaica.
While the players were look-
ing forward to going to Jamaica
to get in a few games prior to
the start of the tournament,
Smith said they will now just
scrimmage with some of the vet-
eran players who are not a part
of the national team.
"Our teams are very young
and talented, but we need them
to be very focused, so we're
bringing in some of the more
seasoned players to try and get
them mentally ready for.the
tournament," Smith pointed
out.
The team is scheduled to
report into the Games Village
at the Royal Palm Resort today


Gym back to its best


for the main event


* VOLLEYBALL
By BRENT STUBBS
Senior Sports Reporter
THE Kendal Is;aac Gym-
nasium has gone through a
complete renovation fr the
hosting ot the Caribbean Vol-
leyball Championships.
And with just three days to
go before the start of the
week-long tournament, Pat
Evans said they've gotten the
gym to the point that it looks
almost as it did when it opened
in 1994.
Evans, who returned to
work with the Ministry of
Sports' facilities for the first
time since he went to the Min-
istry of Housing in 1997, said:
"We completed redid ,the
floor. We changed the colour
on it, brightened-up-the lines,.
we treated it and we put down
three coats of the poly surface.
We basically have a new floor.
"We're refurbished the


bleachers; replacing those that
needed to be replaced and giv-
en them a good scrub to bring
them up to their original
colour."
Additionally, Evans said
they have also redone the two
changing rooms, "changing all
of the fixtures, retailing the
walls and made sure all of the
shower heads are working and
refitted all of the bolts.
"We did the same thing for
the two public'bathroom facil-
ities," he added. "Generally,
because of the time con-
straints, a project like this that
would have taken us a month,
we were able to do in ten
days."
In coming back to the Min-
istry of Sports, which has been
amalgamated with Housing,
Evans said he's been able to
utilise all of the personnel
available to get the job done.
"I think we're just about
there, but the bottom line is


that we've gotten a facility that
we can feel proud about
again," he noted. "I think it's
set for another couple of years
if they take care of it."
Evans said like they would
have liked more time to get
the job done. thve had to wait
until the Ministry's summer
youth programme was com-.
plete.
"We've been working some
long hours doing what we had
to do," he said. "No it's just a
matter of crossing the t's and
doting the i's," he pointed out.
"Most of the hard work is
out of the way. It's just a mat-
ter of doing a little more cos-
metic work and presenting the
product to the volleyball fed-
eration for the hosting of the
championships."
The federation's hosting-of
the championships back in
1994 was the first major event
to be staged at the gym after it
was officially opened.


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