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The Tribune
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Permanent Link: http://ufdc.ufl.edu/UF00084249/00934
 Material Information
Title: The Tribune
Uniform Title: Tribune (Nassau, Bahamas)
Portion of title: Nassau tribune
Physical Description: v. : ill. ; 58 cm.
Language: English
Publisher: Tribune
Place of Publication: Nassau, Bahamas
Publication Date: January 24, 2008
Copyright Date: 2008
Frequency: daily, except sunday
daily
normalized irregular
 Subjects
Genre: newspaper   ( sobekcm )
Spatial Coverage: Bahamas
 Notes
General Note: Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.
 Record Information
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
System ID: UF00084249:00934

Full Text







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Volume: 104 No.53


i -JURSDAY, JANUARY 24, 2008 PRICE 75r


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IIng


PLP chief says he will

remain until paiy

decides to change him


* By PAUL G TURNQUEST
Tribune Staff Reporter
pturnquest@tribunemedia.net
FORMER Prime Minister Per-
ry Christie has warned other
would-be leaders of the PLP that
until such time as the party decides
to change him as leader in a
"respectful constitutionally organ-
ised way" he will remain at his
post.
Speaking to party delegates at
the Marathon branch on Tuesday
night, Mr Christie issued his defi-
ant message in the presence of
some fellow parliamentarians.
Among those were PLP MP for
Bain and Grants Town Dr
Bernard Nottage, West End and
Bimini MP Obie Wilchcombe, Fox
Hill MP Fred Mitchell and St
Thomas More MP Frank Smith.
Mr Christie said the PLP was
resolved and united, and when it


came out of its convention next
month, it would be the party of
choice for the people of the
Bahamas.
"So I want PLPs to disabuse
themselves tonight that there will
be any kind of knives, backstab-
bing, and this and that and the
other, and turmoil and all the oth-
ers.
"I said to the council on Thurs-
day night that everyone has a right
to run for any office of their
choice. That's a right. We must
respect that right, and whether
that's for leader, deputy leader,
chairman, whatever the case might
be," he said.
However, Mr Christie added
that he did not think that, in exer-
cising this privilege, candidates
had the right to "unnecessarily
attack" other party members.
"Everyone must be given the
full flowering opportunity to chal-
lenge and then we come together
and say, 'Hail to the Chief' who-
ever that is. So that's what it's all
about. And that's the new spirit
SEE page 14


Christie rejects claims

by the prime minister
* By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net
IN RESPONSE to a verbal assault on him by Prime Minister Hubert
Ingraham, opposition leader Perry Christie has rejected claims that he is
responsible for problems exposed in the electoral system.
He warned Mr Ingraham to "act with the dignity and maturity that
Bahamians expect of the person holding the office of prime minister" when
making public statements.
SEE page 14


S ~ 3
SBy NATARIO McK NZI


N By AARIO McKENZIE---


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adjourned to March 3 at Court
10, Nassau Street, for trial.
It is further alleged that Hunter
on the same day caused grievous
harm to Zhivargo Pratt and was in
possession of a shotgun with the
intent to endanger the life of
Sandy Sands.
Hunter, represented by attor-


ney lan Cargill, was not required
to plead and the matters were
adjourned to April 17.
Arraigned with Hunter was 21-
year-old Jamaal Goodman Smith
of Dumping Ground Corer, who
SEE page 17


Triumphant
entrance to
House for
Pinewood MP
* By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net
BYRAN WOODSIDE, the MP
for Pinewood, made a triumphant
entrance into the House of Assem-
bly yesterday morning to thunder-
ous applause from FNM colleagues
in his first appearance in the Low-
er Chamber since the election court
ruling.
The Speaker of the House began
the session by reading a certificate
from the election court reaffirming
that Mr Woodside is the duly-elect-
ed member for the constituency,
before Mr Woodside walked into
the Lower Chamber.
SEE page 14


Parliamentary
Registration Dept
to work with AG's
office and police
* By KARIN HERIG
Tribune Staff Reporter
kherig@tribunemedia.net
THE Parliamentary Registration
Department will from now on be
working closely with the Attorney
General's Office and the police to
avoid the "egregious" system fail-
ures that occurred during the gen-
eral election in the Pinewood con-
stituency.
Sherilyn Hall who is serving as
acting parliamentary commissioner
SEE page 14

MPs clash

in House

over social

legislation
* By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net
HEATED debate erupted in the
House of Assembly yesterday
between PLP NIP Melanie Griffin
and FNM minister Loretta Butler-
Turner, as the opposition NIP asked
why the government had not yet
enforced two pieces of social legis-
SEE page 14


Tr


ANY TIME...ANY PLACE WE'RE #1


Fr-. .. ..-t' ,
"- *-.,. .2 -!


BAHAMAS EDITION


+


Claim that
discontent is
threatening
unity in the
Defence Force
GROWING discontent
among some senior officers in
the Royal Bahamas Defence
Force most of it directed
against the new commodore,
Clifford Scavella is threaten-
ing the organisation's unity and
effectiveness, it was claimed
last night.
Several issues are at the cen-
tre of the problem, including
the alleged victimisation of two
Muslim officers, and a dispute
over $3,000 which allegedly
was taken from wardroom
funds at the Coral Harbour
base to be used for a social
purpose involving force per-
sonnel.
However, the commodore
adamantly dismissed these alle-
gations. During an interview
with The Tribune yesterday,
SEE page 17


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THE TRIBUNE


PAGE 2. THURSDAY, JANUARY 24, 2008


LC N


RICH IN CULTURE, CAT ISLAND APPEARS TO HAVE BEEN FROZEN IN TIME





'Bahamas' best kept secret


FADED GLORY: The formerly grand Deveaux House was built by Andrew Deveaux Snr, father of Andrew
Deveaux Jnr on land his son was granted as a reward for ousting the Spanish from Nassau in 1752.
:.. ', "" ',- ,.: -Al.


* By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net

Cat Island is known
affectionately by
some of its proud
local Islanders as "God's good
land."
When The Tribune travelled
to the lush out island this
week, it found rich culture -
brought to vivid life by its
many musicians and dancers
- history which you can see
and touch, pink sand beaches
outlining a unusual and lofty
landscape, and warm people.
Over and above this, there
is a sense of a community
where time has stood still,
allowing those who were
either unaware, or had for-
gotten what it was like, to be
absorbed in a truly authentic
Bahamian experience.
In a place where a majority
of the residents still engage in
subsistence farming and gen-
erations of women earn a liv-
ing from harvesting and plait-
ing straw, where three cars
passing in the space of 10 min-
utes constitutes rush-hour and
the height of local commerce
is a few small and scattered
convenience stores selling
mainly tinned and jarred
goods and coveted home-
baked breads, the 46 mile long
island seems a world away
from Nassau.
Take a drive along the long
and winding King's Road and,
hidden beyond Cat Island's
ubiquitous and verdant
foliage, unexpectedly luxuri-
ous and unique accommoda-
tion can be found on offer to
visitors, in the form of several
small resorts owned and run
by Bahamian and expat resi-
dents.
Walk through each proper-
ty and your eyes will widen at
the sight of your new play-
ground: an empty, trash-free,
powder-sand beach.
Many Cat Islanders dwell
on a dilemma these days: how
to encourage more visitors,
Bahamian and international,
to their shores without losing
the best of their "best kept
secret", which they hope to
preserve for themselves and
future generations of Bahami-
ans.


GLASS ACT: Bahamian owner of Sammy T's resort and restaurant, Sam-
my, pours some wine for his guests. The bar and dining room is tastefully
adorned with original Bahamian artwork.


SOUNDS SAW GOOD: A local musician plays the saw as part of Rake 'n'
Scrape band, Franco and the Boys. The men play the music in its "orig-
inal" form, with only a saw, accordion and goat-skin drum.


For more information on parking and other LPIA facilities and services v;sit

www.nas.bs


LOCAL COLOUR: A traditional straw bag made from locally-sourced Cat Island palm. Venturing into the bush
to find their materials, women cut down, cure and strip the palm fronds before plaiting begins.


PHOTOS: Alison Lowe/Tribune staff


I








TE TRIBUNE HUDAY, J R 2, 2L P


0 In brief

School site

is 'safe for

construction'
* By KARIN HERIG
Tribune Staff Reporter
kherig@tribunemedia.net
SOIL samples at the
construction site of the
new TG Glover Primary
School have shown elevat-
ed levels of arsenic which
are, however, within
accepted environmental
standards, Minister of
Education Carl Bethel
told the House of Assem-
bly yesterday.
Addressing parliament
during the morning ses-
sion, Mr Bethel said that
experts have declared it
safe for construction at the
Pitt Road site to continue.
Mr Bethel explained
that soil,sampling conduct-
ed by the Ministry of
Health and Social Devel-
opment in June 2007 con-
firmed the presence of ele-
vated levels of arsenic.
However, the Ministry
of Health is of the view
that the levels of arsenic
found, while elevated,
were within acceptable
United States and Florida
environmental standards,
he said.
This preliminary testing
at the site was carried out
after a complaint by build-
ing contractor E R Hanna
that toxic materials could
be found in the area.
Mr Bethel explained
that following the first
round of tests, deep core
soil samples were exam-
ined by experts of the
Groundwater and Envi-
ronmental Services Com-
pany (GES).
Tests by the GES con-
firmed the absence of any
significant levels of toxici-
ty above the results
obtained by the Ministry
of Health.
"All the medical experts
offered the opinion that it
was safe to continue con-
struction and for the pro-
posed TG Glover Primary
School to be completed:
Accordingly, the govern-
ment authorised the re-
commencement of con-
struction," the minister
said.
Mr Bethel was yesterday
answering an inquiry by
Fort Charlotte MP and
former Education Minister
Alfred Sears as to whether
there has been any investi-
gation and testing of stu-
dents, faculty and staff at
the School for the Deaf -
which is located in the
northern side of the Pitt
Road site after it was
maintained by the FNM
minister that he suspected
that there were toxins in
and around that area.
Mr Bethel.answered his
predecessor by stating that
no complaints of skin irri-
tation or sickness were
received from faculty, staff
or students of the School
the Deaf and that any con-
cerns for their well-being
were resolved before the
start of 2007/2008 school
year.
The question of elevated
toxicity levels at the Pitt
Road site last summer
led to heated dispute
between the FNM and the
PLP.
FNM Minister of Public
Works Dr Earl Deveaux
told the public that the
contract to build the new
primary school was halted
because of health con-
cerns.
However, Dr Deveaux'
predecessor Bradley
Roberts former PLP
Bain and Grants Town MP
- accused the FNM of sus-
pending the contract in an
effort to "demonise" the
Christie administration by
suggesting that the PLP
had allowed construction
to go ahead on a toxic
waste site.
"The records will with-
out a doubt show that full


and proper due diligence
was executed in all phras-
es of the T G Glover
School project by the tech-
nical and administrative
staff of the Ministry of
Works," Mr Roberts said
in July.





32-257 _


Police confident troubled




area can be turned around


* By TANEKA
THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net
MOTIVATED by the
recent killing of a young father
of four in the Joan's Heights
community, police say they
are confident they can over-
come the stranglehold that
drug dealers and violent crim-
inals have on the area.
Chief Superintendent
Stephen Dean, officer-in-
charge of the Southeastern
Division, said that while the
extensive community is a
"hard-line area" that is the
home to drug dealers and pet-
ty thugs, he and his team are
optimistic that through neigh-
bourhood community watches
and a holistic approach, the
urban area will see a positive
turn around.
"That whole area is a hard
line area. It was one of our
most difficult areas to get the
people organised. We are now
able at this point to get the
people who want a safe com-
munity to form a crime
watch," Mr Dean explained.
A community meeting is
scheduled for 7pm tonight at
New Hope Baptist Church on
New Hope Drive.
Member of Parliament for
Bamboo Town Branville
McCartney is slated to attend
the meeting.
The Tribune spoke with a
few residents of the area on
Tuesday at the scene of the
death of Marvin Seymour,
who was gunned down in cold
blood in his home in front of
his children.
Angry residents claimed
police in the area rarely
respond to their calls for
patrol cars.
One neighbour claimed she
placed a call to police to alert
them of a suspicious man loi-
tering outside the victim's
home days before his death.
She claimed a police patrol
unit never arrived.
An officer from the station
told The Tribune that as far
as the station is concerned, a
report of that nature was nev-
er made.
Yesterday, Chief Supt Dean
contended that police patrols
have increased in the area sub-
stantially. His station has seen
the number of housebreakings
dwindle as a result, he said,
but officers face resistance in
getting the community
involved.
"Because of the type of
characters in the area, the
police have not had to come
there for friendly means. It
was a contentious thing, (but)
this is the area that we are
fighting hard for and we final-
ly got a breakthrough," he
said.
Police are hopeful that the
murder of Seymour will yield
some positive results and


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bring residents with informa-
tion on criminals forward.
"We cannot allow a few
thugs, a few persons who don't
want to live by the law to take
over communities. We are
(asking) people to come for-
ward and we want to reassure
(them) that they can have con-
fidence in the police.
"We are positive it will hap-
pen but it's not going to hap-
pen over night because the
community did not get there
over night," Mr Dean said.
Marvin Seymour, 39, was
killed on Tuesday morning in
his home off East Street
South. Three gunmen kicked
in the front door of his home
and riddled him with bullets
in the presence of his four
young children.
The culprits reportedly fled
the scene in a dark coloured
car and headed off in an
unknown direction.
It was the fifth murder of
the year.


Motorist in 'serious


condition' after


apparent argument

A 35-YEAR-OLD man suffered a serious head injury
after an apparent argument with another motorist on
Wullff Road ended with him receiving a blow to the head
with a metal pipe.
Police are investigating the attack, which left the
motorist in a "serious condition" in hospital on Tuesday
evening, Assistant Superintendent Walter Evans yester-
day.
According to Mr Evans, the vehicles belonging to the
two men, a Ford F150 truck and a Hyundai H100 truck,
were travelling along Wulff road, near Mount Royal
Avenue when they were involved in an accident.
"As a result of that accident police believe that there
may have been some exchange," explained Mr Evans.
The driver of the Ford truck was then allegedly struck by
the 47-year-old driver of the Hyundai with a pipe.
He was taken to the Intensive Care Unit of the Princess
Margaret Hospital.


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THURSDAY, JANUARY 24, 2008, PAGE 3


THE TRIBUNE


i~(~


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* 3%







THE TRIBUNE


PAGE 4, THURSDAY, JANUARY 24, 2008


SPEAKING IN THE House of Assembly
on December 3 last year State Minister for
Finance Zhivargo Laing questioned the spend-
ing by the Christie government of almost $1
million on a glossy publication to promote the
Bahamas and attract foreign investors.
Said Mr Laing:
"They (the Christie government) approved a
contingency warrant to expend almost $1 million
for the promotional book which the (prime
minister) had alluded to which came out a little
under a month before elections.
"They indicated that almost $20 billion was
in the pipeline in the country having been
approved by themselves has now been upped to
$29 billion at last count, that the country had
come to almost full employment, that notwith-
standing all those wonderful, marvelous,
unprecedented facts in (the country) that at the
late hour in their tenure they felt the need to
publish this book, presumably to promote
investment in the country."
Reading parts of the magazine a most
attractive and informative publication the
reason for its production at such a late hour
does not make sense. If the PLP were telling the
public the truth, there was so much investment
in the pipeline that this country could never
have kept up with the demands on its work-
force. In other words more investment was not
needed unless, of course, the plan was to sell out
the country.
There is nothing wrong with the publication
as far as graphic design and printing is con-
cerned. It is a top class publication of 290 pages,
of which 201 are in full colour.
On the web the publishers, the London-
based Caribbean Investment Profiles, promotes
it as its latest Profile, which features the
Bahamas.
The company says it is marketing the maga-
zine as "the compulsory read for all serious
investors in the Bahamas."
It says that copies of the publication are
available at the publication's headquarters or by
contacting the editor. An address where the
magazine is available was still up on the web
when we last checked on Saturday. According to
Mr Laing 10,000 was'the full print order, which
was in Nassau. However, according to this
notice on the web there are still more in London
ready for distribution.
According to Mr Laing the publication cost
440,000 or almost $1 million when converted to
dollars. We had the magazine priced locally.
The estimated price given by a reputable
Bahamas print shop was $163,263.40.
If government, for secrecy reasons, did not
want the magazine published in the Bahamas,


then it should have explored the options in the
US where our dollar is on par, and we would not
have had to use so much of our foreign reserves
to meet the UK bill.
But no matter which way we look at the
magazine we cannot fathom the reason for its
existence. Obviously it was not for local con-
sumption. However, it was claimed that it was
done to attract foreign investment. If that were
so then why wasn't the emphasis strictly on the
Bahamas and its many financial benefits rather
than on Prime Minister Christie without whose
"skills" nothing could have been done. Where
did the ministers of the gospel fit into such a
publication, except to adoringly sing the prais-
es of Mr Christie?
In the publication, Mr Christie says that it is
his "unwavering conviction that the good sense
of the Bahamian people, in which I have the
greatest faith, will ensure the Progressive Liberal
Party are re-elected in 2007 for a second and
consecutive term to enable us to continue our
work."
Throughout the magazine, the reader is
assured of Mr Christie's victory on election day.
According to the magazine, he was guaranteed
office for at least another five years. The foreign
investor certainly cannot vote to get him there.
but he might be able to smooth his path by
helping him get there with a substantial dona-
tion. If Mr Christie is going to be the man they
will have to do business with for another term.
maybe to show their friendship they could make
a party donation to help the campaign.
In a radio broadcast. Mr Christie. who seems
to think that the PLP are entitled to lead this
country, said it was difficult for him to accept
that his party was beaten fairly.
Mr Christie told the listening radio audience
that in his 30 years in politics he had never seen
money play a role in an election as it did in the
May 2007 election.
Obviously, the PLP did not receive the dona-
tions that he expected.
Is it possible that this magazine was pub-
lished to be distributed to well-heeled foreign
investors in the expectation that they would
consider a sizable donation to the PLP elec-
tion?
We don't say that this is the reason, because
we honestly don't know. However, having care-
fully examined all the other options, this, in
view of Mr Christie's complaint about the role
money played in the 2002 election, seems to us
the most probable.
But, however, one looks at it, this publication
was obviously designed to help the PLP election
rather than the country. We, therefore, question
whether the Treasury should have paid for it.


EDTOIALETES O HEEDTO


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

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

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

Published Daily Monday.to Saturday

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

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


Christie's $1m promotional book


EDITOR, The Tribune.
FOR God's sake, it is high
time that the voice of the
Bahamian people be
respected. Allyson "Count
It Again" Gibson must be
the most selfish human
being on this side of Jordan.
Many asked what it would
take to get it through her
thick skull. Pinewood con-
stituency said on May 2 that
they did not want Mrs Gib-
son, but she, like a spoiled
brat, kept trying to circum-
vent the people's wishes.
She tortured the system,
allegedly counting the bal-
lots over and over again.
The result was not
favourable for her, so she
insisted on confirming what
is now a family trait "all
for me baby", or nothing.
Still reeling in shock that
an unknown rookie beat a
supposedly invincible and
untouchable candidate with
a superiority complex, Mrs
Gibson proceeded to bur-
den an already loaded court
calendar with an election
case that took too many
weeks of time that could
have been used to help alle-
viate the backlog of cases
that she may have been
responsible for as Attorney
General.
But, as God would have
it, the court confirmed what
the people of Pinewood
already knew, that Byran
Woodside had beaten Mrs
Gibson twice in eight
months.
Punishment must really
turn her on.
As expected, she was not
gracious in her defeat. She
never congratulated Mr
Woodside for beating some
sense in her head through
the polls. Fortunately,
through all of this, Mr
Woodside was the consum-
mate gentlemen, never dis-
tracted and always confi-
dent.
But what was so amazing
is how Mrs Gibson made it
appear to be the parliamen-
tary commissioner's fault.
She. along with all of the
spineless PLP top brass, was
not honest enough to admit
that they were the architect
of this "holy mess."
Pathetic Perry Christie
cannot gather enough guts


adieO! Constant


ORMAl' FAHIIONI PressU

Has New Arrivals
In Formal Wear

Macke Stret 9 Tlephoe: 39-074


to stare reality in the face
and admit that he, as prime
minister, as he always
reminds us, was in charge
of the whole system that
completely destroyed the
process of the registration
of voters and the "gerry-
mandering" of the con-
stituencies.
All of this, coupled with
the fact that it was done
only weeks before the elec-
tion, compounded the whole
problem.
But what was so interest-
ing is that Mrs Gibson cried
foul and investigated the
very same people that were
allegedly moved from Nas-
sau Village to Pinewood to
save her seat and sacrifice
Hope Strachan.
But the plan backfired.
The people that Mrs Gib-
son thought were PLP in
fact voted FNM. Now she
and her entire PLP party


have rotten egg on their col-
lective faces.
The plan to frustrate
everyone in constituencies
like Fox Hill, Elizabeth, Sea
Breeze and other con-
stituencies, and to move
some people around, caus-
ing husband and wife to not.
only vote in different
polling stations, but differ-
ent constituencies, was
almost criminal. I dare any
PLP to say otherwise.
But I keep remembering
what we sang while tears of
joy rolled down some of our
faces the night when Hubert
Ingraham entered the halls
of the last FNM convention,
"To God be the glory, great
things hath done", and we
must all be grateful that in
such a time as this, we have
a leader who will not wither
under the pressure.
Truth is stronger than fic-
tion.

IVOINE W
INGRAHAM
Nassau,
January, 2008.


Complaining about

Internet service
EDITOR, The Tribune.
I AM writing to complain about the lousy service BaTelCo offers to
their internet and vibe customers. At the end of November my inter-
net and vibe stopped working. I called the service no. 225-5282 where
you punch in the numbers they say and the extension they give for busi-
ness services does not answer at nine o'clock in the morning 12 noon
in the afternoons, evenings or at any time. For two months I tried to get
service and got no answer from that extension.
Today finally at wit's end I called that 225-5282 and connected to the
Call Centre and got connected to an angel Sharon Smith. I explained
my problem to her and she took the information and told me she
would personally walk it to the internet section where I could not get
them to answer the phone for two months, and guess what I got a call
from a young man in five minutes.
Sharon Smith at 225-5282 BaTelCo Call Centre I wish to com-
mend you for your helpful attitude, it's people like you that BaTelCo
should have working in frontline and helping people. You have my vote
for person of the year at BaTelCo. Your bosses really need to look into
business services internet extension, because it is lousy, and they need
to promote people like you.
MIRIAM ADDERLEY
Nassau,
January 10, 2008.



Share your news
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from people who are
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you are raising funds for a
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for improvements in the -
area or have won an
award.
If so, call us on 322-1986 ......
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THURSDAY, JANUARY 24, 2008, PAGE 5


THE TRIBUNE


LOA NW


0 In brief

Body of man
believed to be
Haitian washed
up on shore
THE body of a man, who
police believe to be Haitian.
has been found washed up on
the shore in front of the Nas-
sau Harbour Club on East Bay
street.
According to police, the
man showed no visible signs
of having suffered bodily trau-
ma, and the matter is current-
ly being treated as a drowning
until an autopsy can confirm
the cause of death.
Assistant Superintendent
Walter Evans said it seems
that the man's body had been
in the water for around 24
hours.
He was unable to confirm if
the corpse was clothed.

Astronaut survey
finds no launch day
drinking, one case
of mixing medicine
and alcohol
* CAPE CANAVERAL, Fla.
NASA said Wednesday that a
survey of astronauts and flight
surgeons found no evidence of
launch day drinking by crew
members, despite a report last
year of two cases of drunken-
ness, according to Associated
Press.
The anonymous survey
uncovered a single case of "per-
ceived impairment" by someone
just a day or more from blast-
ing into space, and it turned out
to be a reaction between pre-
scription medicine and alcohol.
NASA officials, citing med-
ical privacy, refused to say when
or where t' e episode occurred.
onl that I1 happened on one of
the final days leading up to
launch but not on launch day.
The crc,. member ultimately
was cleared for flight and rock-
eted into space.
The officials said they did not
know whether the specified case
was one of the two alleged cases
of astronaut drunkenness cited
in reportt by outside medical
experts last summer.


Schools set for


11 different


new stategies, programmes


~Jv1
-


a1


'-


S'


N\


* By KARIN HERIG
Tribune Staff Reporter
kherig@tribunemedia.net
MINISTER of Education Carl
Bethel yesterday informed the House
of Assembly that 11 different pro-
grammes and strategies will be intro-
duced to enhance student perfor-
mance in public schools.
To improve literacy levels among
students, Mr Bethel announced that a
"literacy hour" will be introduced at
schools, which will include initiatives
related to literacy and numeracy
instruction.
Literacy and numeracy enrichment
programmes for families will also be
offered, he added.
Provisions are being made, Mr
Bethel said, to offer adequate and
appropriate teaching and learning
materials to improve literacy levels.
Strategies are also being devised


Marco City resident preparing to


take legal action against
FREEPORT, Bahamas A who voted illegally in the elec-
Marco City resident is prepar- tion.
ing to take legal action against "This is a slap in the face."
former MP for the area, Pleas- said Ms Garland, who claimed
ant Bridgewater, for alleged she voted for Mrs Bridgewater
defamation of character. in the 2002 election.
Following the 2007 general "At that time I felt that she
election, the PLP set out to was better to represent Marco
contest three seats won by the City. I'm very insulted, and my
government, among them Mar- parents will be insulted as
co City. well."
Court documents filed by Ms Garland claimed she is
Mrs Bridgewater in June, 2007, being targeted by the senator
allege that 181 persons who because she changed her mind.
were not Bahamians or who "I feel like it's my constitu-
were not ordinarily resident in tional right as a Bahamian to
the Marco City constituency vote for who 1 see fit to run the
voted in the election, untaw- country. We are allowed to
fully contributing to the win of change our minds. If I was
incumbent MP Zhivargo Laing. Bahamian enough to vote for
Gaynell Garland, a resident her in the 2002 general elec-
in Marco City for 10 years, said tion, what has changed now?"
she was surprised to find that She said that Mrs Bridgcwa-
she had been named in Mrs ter and other opposition memn-
Bridgewater's listas a person bers must now come to terms


former MP
with their loss at the polls.
"This is a waste of our
Bahamian tax dollars," she
said, "and as far as I am con-
cerned it is dirty for the PLP to
take it this far." She admon-
ished the party to "Give up".
Ms Garland has enlisted the
legal assistance of local attor-
ney Fred Smith, who is also
lead attorney for MNP Zhivargo
Laing in his election court chal-
lenge.
Nlr Smith said Ms Garland
is one of seven persons who
has approached him with
regard to taking legal action
against Mrs Bridgewater. How-
ever, Ms Garland is the first to
go through with the action.


TROPICAL


to improve the performance of under-
achieving students who live in spe-
cific areas.
The Ministry of Education will fur-
ther be offering improved appren-
ticeship and career-based pro-
grammes, as well as international
computer literacy certifications in
conjunction with the Bahamas Voca-
tional Training Institute (BTVI).
In evaluating a student's perfor-
mance, Mr Bethel said, test scores
will be used to determine concentra-
tion of instruction.
A precise accountability mecha-
nism will also be introduced to mon-
itor student performance and provi-
sions will be made to offer incentives
and awards to make the students
eager to learn.
After school hours, study halls and
homework centres will be established,
the minister said.
For teachers in areas of need, he


said, there will be targeted profes-
sional development.
"These strategies will be imple-
mented through the District Improve-
ment Plan (DIP), which is designed to
increase accountability of adminis-
trators and teachers, promote
parental and community involvement,
encourage sharing of best practices
and improve teacher performance
and student achievement," Mr Bethel
said.
The minister explained that indi-
vidual schools within the districts will
implement aspects of the DIP guided
by their assessed needs, and the over-
all vision and mission of the Ministry
of Education.
An oversight committee, made up
of representatives from a cross-sec-
tion of education sectors, will have
the responsibility for monitoring and
evaluating the progress of these plans,
Mr Bethel said.


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PAGE 6, THURSDAY, JANUARY 24, 2008


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THE TRIBUNE


Man accused of fire at Urban

Renewal Centre appears in court


THE man accused of break-
ing into and setting fire to the
Nassau Village Urban Renew-
al Centre was arraigned in
Magistrate's Court yesterday.
Rayfield Longley, 32, of
Nassau Village appeared
before Magistrate Carolita
Bethel at court eight in Bank
Lane on charges of arson,
stealing, receiving and shop-
breaking.


According to court dockets,
it is alleged that on Sunday,
January 6, Longley broke into
the Nassau Village Urban
Renewal Project Centre locat-
ed at Stack Avenue.
It was further alleged in
court dockets that while there,
Longley stole electronic appli-
ances and other items togeth-
er valued at $12,800.
On the charge of arson,


court dockets alleged that
Longley, being concerned with
another on the aforemen-
tioned date, set fire to the
Urban Renewal Centre which
resulted in damages estimat-
ed at $80,000.
Longley was not required to
enter a plea to the charges and
was remanded to Her
Majesty's Prison until Febru-
ary 7 for bail hearing and
report.
The prosecution said it
intends to proceed with the
matter via a voluntary bill of
indictment.

Michael Jordan
event sponsors
and Kerzner
donate $50,000
to Butch fund
SPONSORS of the Seventh
annual Michael Jordan Celebri-
ty Invitational joined Kerzner
International in donating
$50,000 to the Butch Kerzner
Memorial Fund last Friday.
The Butch Kerzner Memori-
al Fund was created in memory
of the late Howard 'Butch'
Kerzner, former chief executive
officer of Kerzner International,
to improve playgrounds and
other sports facilities in public
schools in the Bahamas.
Making the donation to
Vanessa Kerzner, wife of the
late Butch Kerzner along with J
Barrie Farrington, Kerzner
senior VP, was basketball leg-
end Michael Jordan.
Jordan made the presenta-
tion during a special rock climb-
ing exercise for more than 100
students from 10 local govern-
ment schools.
The funds were part proceeds
from the Michael Jordan
Celebrity Invitational which was
held at the Ocean Club Golf
Course over the weekend.


During the Ford Model Year Clearance you can experience the
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~34
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9 :
,^-








THE TRIBUNE
LOA NW


'Le


THURSDAY, JANUARY 24, 2008, PAGE 7


eavyweights' to


weigh in on growing


crime problem


TWO panels featuring a
number of legal heavyweights
are set to weigh in on the
growing crime problem and
the judicial system's seeming
inability to cope with it.
The discussions will be the
focus of the College of the
Bahamas Law Library's sec-
ond annual "Lunch and Liti-
gation" event, to be held
Wednesday January, 30.
"There is no doubt that the
general public are feeling
aggrieved and angry at the
apparent ineffectiveness of the
law enforcement agencies and
the judicial system to deal with
the ever rising number of vio-
lent criminals who are stalking
the streets of the capital when
they should be behind bars
paying for their brutal acts of
barbarism," said the library in
a statement.
"People seem to want a
quick fix, something that will
show results immediately. But
is there one? Is it possible to
arrest the current soaring mur-
der rate quickly and efficient-
ly? Are there circumstances in
the system of catching, arrest-
ing, trying and convicting crim-
inals that that you and I are
not aware of but which cause
inertia and frustration to police
officers, lawyers, judges and
the public?" the statement
asked.
The college said this year's
lunch is an expanded version
of the first "very successful"
event held last year.
"This year there will be two
panels in the morning,
designed to investigate the vex-
ing crime problem," it said.
The first is on lawyer prepa-
ration and will feature Chief
Justice Sir Burton Hall: lawyer
Wayne Munroe, president of
the Bahamas Bar Association:
student Paul Jones, vice-presi-


The College of the Bahamas

Law Library's second annual

'Lunch and Litigation' is

scheduled for next week


dent of the Eugene Dupuch
Law School Student Associa-
tion.
The second, entitled "Crime
and the Law" will see lawyer
Wayne Munroe talking on the
Bail Act, Inspector Keith Bell
presenting on the time it takes
to bring an accused person to
trial. Elsworth Johnson, who
will be talking on human rights
perspectives and Fayne
Thompson and Murrio Ducille,
who will be reassessing pun-
ishment with reference to the
death penalty and other forms
of correction.
At the luncheon itself, there


will also be a guest speaker.
Justice Jon Isaacs, who will be
giving his perspective on what
the college described as a "sen-
sitive and vexing" situation.
"It all promises to be a very
informative and controversial
day of presentations and dis-
cussions and the College of the
Bahamas hopes that attorneys
and other interested parties
will come and support the Law
Library as it strives to raise
funds to contribute to the new
library to be built at the Oakes
Field campus." the statement
said.


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Ambassador Designate of -

Ireland pays courtesy call

DE(C'.AN K I I.Y, Ambassadori Designate of Ircland. paid .
a courtesy call on Deputiy Prime n Minister and Minister of For-
eign Affairs BrenI Symonette at the Ministry of FIoreign Affairs /
yesterday.
Mr Svmlnonetle conveyed The Bahamas' interests in alternativeF
forms of energy, as Ireland is noted for its wind farms and
solar energy plants.
He also noted that a number of Irish investors are interested
in developing bonefishing lodges in the Bahamas, particularly in
Abaco.
Mr Kelly said the Bahamas is an "extraordinarily successful"
country in the Caribbean, where Ireland is gradually expanding
its foreign services.


State asks appeals court to
reinstate Allstate suspension


* TALLAHASSEE, Fla.
STATE attorneys tried
Wednesday to reinstate a sus-
pension that would keep All-
state's 10 insurance companies
nationally from writing new
business in Florida, according to
Associated Press.
Insurance Commissioner
Kevin McCarty suspended All-
state last week after it refused
to turn over documents sought
by the state. Regulators want
company executives to explain
why it hadn't reduced rates
enough after last year's passage
of a bill designed to lower pre-
miums.
"Florida consumers deserve
to know what is in tie docu-
ments that Allstate is so aggres-
sively guarding and my office is
determined to get them."


McCarty said Wednesday after
the 12-page appeal was filed
with the 1st District Court of
Appeal.
The court Friday allowed
Allstate to keep selling insur-
ance in Florida while the com-
pany appeals the state's order
barring it from writing new busi-
ness.
In its response, regulators said
Allstate's failure to provide the
documents is a willful violation
of Florida statutes and "a con-
tinuing attempt by (Allstate) to
improperly subvert, manipulate
and undermine the regulatory
process.
If reinstated, the suspension
would apply to all types of insur-
ance sold by Allstate's 10 insur-
ance companies doing business
in the state, but does not affect
existing policy owners.


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PAGE 8, THURSDAY, JANUARY 24, 2008


THE TRIBUNE


J








T T UT S U 228S
* A


Bahamians

graduate

from CIPM

programme
ELEVEN Bahamian pro-
fessionals have graduated
from the Certified Interna-
tional Project Manager pro-
gramme, recognized in 140
countries and by more than
85 universities.
The CIPM programme was
presented by the Lignum
Institute of Technology
(LIT), in association with the
American Academy of Pro-
ject Management (AAPM).
tell
Lecturer on the pro- PI|
gramme Dr Cornel Collins Jai
said that the project man- Ke
agement profession has o
become the fastest growing "t]
across many industries and in


B A H A M I


A N


CTURED FROM LEFT, (front row) are Mario Bastian, Ricardo Simmons,
mes McPhee and Anthony Johnson. In the back row, from left, are John
vin Turnquest, Dr Collins and Timothy Munnings.
opportunities in the field are necessary talent and skills.
here for the taking," if an "It requires far more skills
terested person has the and knowledge than just


R E S I D E N


T S ON L Y


orne




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and ask about the Bahamian Savings Offer.
,t.



Rales bLgin at $89 00 r,nd are based or, avaiabktrty d and -. ,* :
Senodc do apply and rate ;s not applicable on hoaeys. .
Rate is rEsered for Junkanco and Flamingo Tower roon 'y
rooms may be avaIlable for additional fee upon inquire.
proof of Baha.,ra. residency upon check in. One ID vaRd dp I
onty Taces and fees not included. Promotion la subject to c.hangi a o'a' 3 W MiM p
Scancellation without advance written notice. Management reserves ;'. '' ..
Mange en reser:Iest I+-. .* ,.


".. ..


Kino Simmons, Kenva Cooper,
Haughton, Theodore Nottage II,
managing a project," he
said.
"Project managers must
possess the knowledge and
skills needed to be effective
in both the project and busi-
ness or government environ-
ment and to make decisions
that accomplish strategic
objectives."

Skills
Dr Collins added that they
should have advanced skills
in finance, cross-cultural
awareness, leadership, com-
munication, team building,
influence, negotiation and
conflict resolution.
Corporations are seeking
project managers who are
certified, as sought after
skills are acquired through
quality training programmes,
he said.
"If companies don't know
why their projects are over
time, over budget and poor
quality then they should
have their project managers
enhance their skills, through
such programmes," Dr
Collins said.
"Although there are sev-
eral reasons why projects
fail, the key reasons are a
lack of scope management,
budget and essential project
management skills."


JOB

OPPORTUNITY

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The successful applicant should have the
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Compensation will be commensurate with
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Sir Durward Knowles, Captain

Geoffrey Brown inducted at

ceremony coinciding with

school's 118th anniversary


Since its founding in
1890, Queen's Col-
lege has produced
scores of alumni who
have distinguished themselves
both locally and internationally.
The Queen's College Hall of
Fame was created to pay tribute
to the alumni who have made
significant contributions to their
communities, their professions
and society as a whole.
"Honorees in the Queen's
College Hall of Fame are per-
sons whose interests and activ-
ities, whether professional,
vocational or voluntary, result-
ed in significant contributions
to the betterment of their com-
munities, or our country," said
the school in a statement.
"The achievements of
Queen's College Hall of Fame
inductees will have reflected
honour on the school. Inductees
are persons whose personal
qualities reflect the values of
good character that Queen's
College seeks to promote in its
students: respect, fairness, kind-
ness, cooperation, honesty,
dependability, responsibility,
good citizenship, caring and
self-discipline," it said.
On January 11, 2008, coin-
ciding with the school's 118th
Anniversary, the Queen's Col-
lege family inducted two dis-
tinguished alumni into the Hall
of Fame: Sir Durward Knowles,
Class of 1934 and Captain
Geoffrey Brown, Class of 1944.
The ceremony was held in
the school's auditorium with
students, board members and
invited guests in attendance.
Introducing the inductees to
the school body were Rev
Charles Sweeting, former prin-
cipal and first inductee into the
Queen's College Hall of Fame,
and Roger Kelty, former vice-
principal and trustee of the


A '
~bbi:-


Lo -;--I-Wo
HONOURED: Queen's College Hall of Fame 2008: Sir Durward Knowles,
Class of 1934 and Captain Geoffrey Brown, Class of 1944.


Queen's College Foundation.
The school said that
inductees are dedicated to
Queen's College and its devel-
opment.
Sir Durward Knowles cur-
rently serves as the chairman
of the Queen's College Foun-
dation, which spearheads
fundraising efforts for the
school.
The Queen's College Foun-
dation is responsible for the
building of the new Early
Learning Centre as well as oth-
er campus improvement pro-
jects.
Mr Brown is a long-standing
member of the Queen's Col-
lege Board of Governors.


o'r


- A
ALL SMILES: Pictured left to right: Mrs Kenris Carey, president of the
Bahamas Conference of the Methodist Church, Sir Durward Knowles,
Mr Geoffrey Brown, Miss Andrea Gibson, Principal Queen's College. Rev
Charles Sweeting, first inductee QC Hall of Fame.


Board of Trustees and the
Queen's College Foundation.
Students were particularly
grateful to Mr Brown for his
role in the building of the
school auditorium in the 1980s.
"The students of the school
experienced a special ceremo-
ny. learning about the accom-
plishments of two individuals
that were once students at
Queen's College. Both Sir Dur-
ward and Mr Brown encour-
aged the students to stay true to
themselves, and to persevere
through life's challenges with
honesty and integrity. The stu-
dents took home a message that
through hard work and self-dis-
cipline, success is achievable,"
said the statement.

Queen's College Hall of
Fame 2008 Inductees

C aptain Geoffrey
Brown was born in
Nassau on June 6, 1927 and
grew up in a large family along
the eastern shoreline of New
Providence.
He entered Queen's College
on Charlotte Street in 1933 and
completed his schooling in
December 1944.
Shortly after leaving Queen's
College. Geoffrey Brown fol-
lowed his interest in boating
and joined the crew of a mer-
chant ship that serviced the
Bahamas, Cuba. Haiti and
Florida.

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Application forms should be collected from the Wendy's Head Office on Tonique Williams-Darling Highway, Monday
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Office on Tonique Williams Darling Highway attention Ms. Alisa Carey and Mrs. Juliette Josey.

St. Anne's High School (Feb. 9th exam date)
St. Augustine's College (Jan. 25th exam date)
Aquinas College (Jan 28 exam date)
St. John's College (Feb. 9 exam date)
Grand Bahama Catholic High (Feb 2nd exam date)
Bishop Michael Eldon High (Feb 9th exam date)


Later, with his brother, he
owned and operated three fish-
ing charter boats.
In 1951. he was honoured by
the Major General of the US
Air Force for his heroic effort in
recovering bodies from sunken
wreckage off the coast of New
Providence.
In thie 19i0s. Captain Brown
turned from the open waters to
set his sights on land and
launched his career as a real-
tor.
lie and his partners went on
to develop many vibrant com-
nmnities for Bahamians.
Today, lie continues to work
full time with his real estate
company. Brown, Morley and
Smith.
Captain Brown is dedicated
to serving his community, his
church and his school.
In his younger days, he was
involved with the Boy Scouts,
serving as a scout master.
Along with Sir Durward
Knowles, captainn Brown start-
ed a Sea Scouts Troop.
llc proudly served as band
leader for the scout drum and
bugle band.
( aplain lBrown is active in
lhe I ah;iimas conference e of the
NMetlhoist C'hurch, serving on
nulmeicrous church related
lboa;rds and ollinitltees.
At Queen's College, he is
one of tlie longest serving mem-
bers of the Board of Governors
;;id Board of Trustees.
Ile also is a Trustee of the
Ouccn's College Foundation.


""-~I~-~


1


PAGE 10, THURSDAY, JANUARY 24, 2008


THE TRIBUNE


; ~;
2
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THE TRIBUNE


THEIR COMMUNITIES, PROFESSIONS AND SOCIETY





College honours its heroes


THURSDAY, JANUARY 24, 2008, PAGE 11


Captain Brown married Janet
Thompson in 1954. T'hev have
two children, Angela and Geof-
frev, as well as three grandsons
and one granddaughter.
At the age of 80. Captain
Geoffrey Brown enjoys an
active and fulfilling life.


ir Durward Knowles
was born in Nassau to
the late Captain Harry and
Charlotte Knowles on Novem-
ber 2, 1917.
He began his educational
career at Queen's College in
September 1928, completing his
studies in December 1934.
After graduating, he imme-
diately followed in his father's
footsteps working on pilot
boats.
It is not a surprise that with
his passion for the waters. Sir
Durward took a keen interest in
sailing and excelled at every
level of this competitive sport.
In 1947, he won the World
Championships in sailing for
the Star Class.

Successful
In 1956, he went on to win
the Olympic Bronze Medal
along with Sloane Farrington, in
Melbourne, Australia.
He made Bahamian history
in 1964 when, along with Cecil
Cooke, he won the Olympic
Gold Medal in Tokyo.
Sir Durward continued com-
peting in Olympic sailing for a
record eight Olympic Games:
the last being Korea in 1988
when he was 70, making him
one of the oldest and most suc-
cessful living Olympians.
In 1964. Sir Durward was
awarded the Order of the
British Empire (OBE) at Gov-
ernment House by Her
Majesty, Queen Elizabeth 11
and in, 1996. was knighted by
the Queen at Buckingham
Palace for his outstanding work
in the community and for his
Olympics achievements.


"The
achievements S
of Queen's
College Hall of
Fame
inductees will
have reflected
honour on the r
school."


In 1997, Sir Durward was also
awarded the Bahamas Order of
Merit (BOM).
Sir Durward generously gives
of his time, serving on many
community based committees.
He is chairman of the Queen's
College Foundation, honorary
vice-president of Charity Guide
No.37, co-chairman of One
Bahamas, vice president of the
Bahamas Olympic Association,
member of Ebenezer Methodist
Church Board of Trustees,
president of the Bahamas Asso-
ciation for the Physically Dis-
abled, past president of the
Rotary Club of East Nassau,
and a member of the Bahamas
National Board for the Dis-
abled and Older Persons.
He, along with Bobby
Symonette, founded the
Bahamas Air Sea Rescue Asso-
ciation (BASRA).
He is also well known for his
charitable contributions to var-
ious organizations and regattas.
He is now formally retired
after serving 50 years as a har-
bour pilot, but still goes into
the office on a dailv basis.
In 1947. Sir Durward married
Holly Shaw and they have three
children Jill, Randy and Char-
lotte and six grandchildren.
Last year, Sir Durward cele-
brated his 60th wedding
anniversary as well as his 90th
Birthday.


L n11 g. i L _
TRIBUTE: Sir Durward Knowles accepts a gift from Mrs Kenris Carey, SCHOOL PRIDE: Mr Geoffrey Brown beams during the Queen's College
President of The Bahamas Conference of The Methodist Church. induction ceremony.




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PAGE 12. THURSDAY, JANUARY 24, 2008


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PICTURED (L R) ARE: George Burrows, secretary of the Lodge of St Michael number 1634; Cheryl Carey, director financial aid and housing,
College of the Bahamas; Lloyd Allen; Shon Pennerman; Rudy Gardiner; Allison Dean; Mitchell Thurston, past master of Lodge 1634.



Study award for



two COB students


FINCO PROPERTIES LISTED FOR SALE

January 2008
Contact Numbers 393-2004

HOUSES
Lot #844, Golden Gates, N.P. Lot#384, Gleniston Gardens, N.P.
Single Family Residence Single Family Residence
3 Bedrooms, 2 Bathrooms 3 Bedrooms, 2 Bathrooms
Property Size: 6,000 sq. ft. Property Size: 10,875 sq.ft
Building Size: 1,580 sq. ft. Building Size: 2,028 sq.ft
Appraised Value: $162,000.00 / O.N.O. Appraised Value: $258,000.00 O.N.O.
From Carmichael Road and Mermaid Boulevard East (Golden Travel east along prince Charles avenue and the subject property
Gates Assembly Church), traveling south on Mermaid Blvd, go is approximately 1,000 feet east of Jean street on the northern
around the bend, heading west again, and the subject property side of Prince Charles Drive (house colour mustard with beige).
is the 7th house on the right past the 7th corner on the right after
the curve.
Lot#690, Pinewood Gardens, N.P.
Single Family Residence
Lct#462, Pinewood Gardens, N.P. 3-Bedrooms, 2-Bathrooms
Single Family Residence Property Size: 5,000 sq.ft
3-Bedrooms, 1-Bathroom Building Size: 894 sq.ft
Property Size: 5,000 sq.ft Appraised Value: $103,000.00 / O.N.O.
Building Size: 1,000 sq.ft
Appraised Value: $101,000.00 Travel east on Charles W. Saunders Highway, turn right onto
Buttonwood (Cleveland Eneas primary School corner), travel
From the roundabout at Pinewood Boulevard, travel north to North to the sixth corner on left (Saffron Street), and the subject
Willow Tree Avenue; turn west onto Sapodilla Boulevard, the property is the third house on left.
subject is the eleventh property on left. The house is painted
white and trimmed mustard.
Lot#8, Blk#18, Seabreeze Estates#3, N.P.
Single Family Residence
Lot#772, Golden Gates#2, N.P. 4 Bedroom, 3 Bathroom
2 bedrooms, 1 Bathroom Property Size: 6,000 sq.ft
Efficency 1 bedroom, 1 Bathroom Building Size: 1,758 sq.ft
Property Size: 5,000 sq.ft Appraised Value: $301,000.00 / O.N.O.
Building Size: 2,238 sq.ft
Appraised Value: $188,000.00 Turn south on Sea Breeze Blvd. From Joe Fanington Road. Turn
through the first comer on the left-hand side, which is Sea Horse
Travel west along Carmichael Road, turn left at Mermaid Blvd Drive At the T-junction turn right and the property is the 7th
(West of Golden Gates assembly near basketball court) travel property on the left-hand side.
south to the end of that street and around the bend and the
subject is opposite the 2nd corner on your right (house #80).
The house is painted tan trimmed with brown.

APARTMENTS/CONDOMINIUMS

Lot #178, Colony Village Subdivision, N.P. Unit #2, Lot #14, Danottage Estates, N.P.
Split level six unit Apartments Condominium ny
1-2 Bedrooms, 2-Bathrooms 2-Bedrooms, 2-Bathrooms
1- 2 bedrooms, 1-Bathrooms /1-Bedroom, 1-Bathroom Property Size: 8,883 sq.ft
3-Efficiency Units Building Size:1,225 sq.ft
Property Size:9,300 sq.ft Appraised Value:$211,000.00/O.N.O.
Building Size:3,152 sq.ft
Appraised Value:$329,000.00/O.N.O From Bernard Road & Soldier Road, travel east on Bernard
Road, take the first right Thompson Street, go over the hill, take
Enter Colony Village from Prince Charles Drive, heading south the first left then the first right (from henceforth everything is
Colony Village Road the property is the last building on the right unpaved). The road bears left then right follow this road all the
hand side before Malaysia Way the corner that leads into Elizabeth way around and the subject property is the third property on the
Estates. right from the dead-end.


Lot #30 & 31, Block #56, Nassau Village
Duplex
Each Unit 2 Bedrooms, 1 Bathrooms
Property Size: 6,620 sq. ft.
Building Size: 1,701 sq. ft.
Appraised Value: $177,000.00/O.N.O.
Catherine Ave, take the first right, travel to the end and go From
Taylor Street and Soldier Road (by Lowes Wholesale), turn left
at the cross roads, Alexandria Boulevard, take the second right,
Forbes Street, go left at the T-junction, Catherine Ave, take the
first right, travel to the end and go right at the T-junction and the
subject property is the seventh lot on right past the first corner
on the left.

Lot#157, Knotts Boulevard & Zachary Lane Sec.#2, EP.
Duplex Apartment
Each Unit 3 Bedrooms, 2 Bathrooms
Property Size: 19,921 sq.ft
Building Size: 4,320 sq.ft
Appraised Value: $230,000.00/O.N.O.
Bahamia Terrace Freeport Grand Bahama


Lot#2, South Beach Subdivision, N.P.
Two Storey Townhouse
4 Bedrooms, 3 Bathrooms
Property Size: 6,000sq.ft
Building Size: 2,736 sq.ft
Appraised Value: $234,000.00/0.N.0.

The subject property is located 1 mile west of Blue Hill Road on
the southern side of Marshall Road approximately 200 yards
north of the southern shoreline directly opposite lamp pole
#65/50.

Lot#25, Section "C", Garden Hills, N.P.
Triplex Apartment
1-2 Bedrooms, 1-Bathroom
2- 1 Bedroom, 1- Bathroom
Property Size: 7,500 sq.ft
Building Size: 2,846 sq.ft
Appraised Value: $490,000.00/O.N.O.
From Global Tiles on East Street South, drive through the side
entrance and directly behind this structure and the subject
property is the split level structure immediately behind it.


We providing financing to qualified buyers

CONTACT INFORMATION
RBC Royal Bank of Canada and RBC FINCO Loans Collection Centre

FINCO
registered trade-mark of Royal Bank of Canada -RBC


TWO VERY grateful
College of the Bahamas
students have become
recipients of a study award
donated by the Lodge of St
Michael number 1634 SC
(Scottish Constittition) in
honour of past master of
the lodge Ivan Hanna.
Mr Hanna was also the
organist at St Agnes Angli-
can Church for a number
of years.
The awardees, Lloyd


Allen, a communications
major, and Shon
Pennerman, a music major,
were identified as
having outstanding work
ethics.
Both said they were very
happy and felt that the
award in part recognized
their dedication and hard
work.
Mr Pennerman said he
feels that he is now "get-
ting somewhere" and Mr


Allen, a mature student
who took the leap of faith
and became a full-time stu-
dent in spite of financial
difficulties, feels that his
. il.,rts ,,nd conscientious-
ness are now being appre-
ciated.
Members of the Lodge of
St Michael 1634 making the
presentation were Rudy
Gary Gardiner and
Mitchell Thurston, both ex-
employees of the college,
and George Burrows. sec-
ictary of lodge.
Right Worshipful Master
of the Lodge of St Michael,
Brother Dave R Munroe,
sent his good wishes to the
two young men.
Also in attendance for
the presentation of the
cheques were Allison
Dean. granddaughter of Mr
lalilla and Cheryl Carey,
dilt:'tor of financial aid
aili.I housing at the College
of the Bahamas.


Re


C _I~____II__~_~_1


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THE TRIBUNE ~ ~ -~~~ THURSDAY,~~~~--~~~~~~~~~- JANUARY~`--~~- 24,2008 PAGE~~~~ 13~~~~~~~~-~~~- -------------- -


For All Food & Wine Enthusiasts

A Special Celebration of

Bahamian Gastronomy

Reception 8 Dinner At Graycliff


A Fundraiser
For The
Bahamas
Culinary
Team


The Bahamas Culinary Olympic Team will compete with over 6,ooo chefs from 70 countries.
World-class competition is a vital means of raising standards, quality and expertise of Bahamian cuisine


"Go For The Gold!"



First: A Special Cocktail Reception
Poolside At Graycliffs Humidor
Enjoy cocktails and innovative, delicious canapes
prepared by the Bahamas National Culinary Team
and Junior Student Team. They're out to impress
you! Discover flavours in artful presentations
you've never seen nor tasted before. Around the
delightful poolside terrace at Graycliffs Humidor.
Tickets are $75. Proceeds to assist the Team in
competitions to "Go For The Gold!"


Two Extraordinary Gastronomic Events Presented
By The Bahamas National Culinary Team. In concert
with Graycliff host chefs Elijah Bowe and Joshua Campbell.


Second: An Extraordinary Gastronomic
Dinner 8 Celebration At Graycliff
Experience stunning culinary creations of the nation's top
chefs in a special evening at Graycliff. With seven courses,
experience wines 8 gastronomy at their finest. Savour
unique and creative dishes, tastes and sensations featuring
leading US Meat, Poultry, Cheese and Californian Wines. A
must for lovers of fine food and wines-and professionals
in the hospitality and FGB sectors. Help us "Go For The
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Tickets: $250. Includes cocktail reception.


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Reception at Graycliff Hotel's

Poolside (entrance at Humidor)

6:3o.pm, Tues, Jan 29th, 2008

Dinner follows at Graycliff

Support our National Team. Register by
contacting The Bahamas Hotel Association

Tel: 322-838I
bha obahamashotels.org


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THE TRIBUNE


THURSDAY, JANUARY 24, 2008, PAGE 13


"LI I


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1











|K\1lHURSDAY, JANUARY242008THEATRNEBUN
Pg~ Ar


IF'ROM page one


\. ,i here with," he said.
\i 'Ih islic also said that,
It I,' I i' tO lt the PLP had
1i 0l -t I[ ii I'Il \'new ood coll-
''I'\ A lil: cell nt, i was not
th,' I ol ( l it' |>:lly to slrtal to
'I i \ a it elf.
I ,i Lc n tc to tell vou hlltl
S, I :t l ll ; i 'i \i a CI e o ct
Ih'c A'l' ,' tli l Il'\ \ C II'C slt'OIvcr.
t'. ilt Il r I 'Itt \ct to it lOVe on and
I :'| tlli I l tiht" hiC slid.


Christie staying
Nir C'hristic also referred to
people inside and outside of thee
palrtV questioning his ahiliit to
lead the party.
"That's fine. That happens in a;
dlCtocracy. We lnust allow for the
lact that people have a right to
question, tIhat people have a right
to disagree. But we must not allow
lte right to quIestion and the right
to disagre to go to the root of


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our party where it begins. See, that the challenge of the Pinewood
doesn't make sense," Mr Christie seat, the party was successful in


FROM page one


MPs clash


said. showing that the electoral regis- lation passed by the last parliament.
He also cautioned supporters tration system is riddled with irreg- The war of words began during Pensions (Amendment) Act, 2007;
that, while the PLP may have lost ularities that must be fixed. Mrs Butler-Turner's response to The Domestic Violence (Protection
questionsraisedMrsGriffin.The Orders)Act,2007;RoadTraf-...................................................................................................................................... questions raised by Mrs Griffin. The Orders) Act, 2007; The Road Traf-
FROM e on PLP MP asked several weeks ago fic (Amendment) Act, 2007; The
FROM page one n if the government intended to bring Police Service Act, 2007; The
Mr Woodside thanked his fami- i m the Domestic Violence (Protection National Honours Act, 2007; The
Orders) Act, 2007, and the Child National Heroes Act, 2007; and The
ly, legal team, members of the have done it again," said Mr Wood- Protection Act, 2007, into force. Economic Development Enterpris-
Pinewood constituency and the side. She also asked if the government es Act, 2007.
senior minister he serves under, "We did it under the scrutiny of intended to proceed with the Draft Mrs Griffin argued that the Child
Carl Bethel, for their support dur- the court, under which the Bahami- Persons with Disabilities (Equal Protection Act does not require reg-
ing the process, while also saving a an people in Pinewood have pre- Opportunities) Bill. ulations before it is brought into
few special words for the leader of vailed. Mr Speaker I say, let the Mrs Butler-Turner said "yes" to force by the government. Rather,
his party, will of the people in Pinewood pre- all these questions. However, she said, there is discretion as to
"What can I say, Mr Speaker, of vail." instead of providing a detailed what the minister can create regu-
the man whom we.call our party Mr Woodside was declared the explanation of when the govern- nations for.
leader and our prime minister, the winner of the Pinewood con- ment specifically intended to bring The ministry, continued Mrs
right Honourable Hubert Alexan- stituency by 64 votes after the elec- these Acts into force, she said they Griffin, "was working to bring that
der Ingraham, who in my opinion, tion on May 2. will do so "on a date to be deter- Act into force."
and many others, is simply the After a trial that lasted more mined." "It is now eight months into the
best," he said. than three months, and a 12-hour Mrs Butler-Turner charged that term. Certainly Mr Speaker, we
"He never doubted for one recount process last Monday, Mr the PLP government failed to draft believe that is enough time, based
minute, and, Sir, I say to you, thank Woodside was reaffirmed as the the regulations necessary to effec- on the work that was left in place,
you for the confidence which you winner by 49 votes a reduced tively administer the Child Protec- for that Act to have been brought in
have reposed in me." majority of 15 votes, tion Act before she tabled a list of 12 place," said Mrs Griffin.
The MP againcalled for unity in Mrs Maynard-Gibson has since bills passed by the last parliament The Yamacraw MP said the gov-
his constituency after the highly said that, though she is disappoint- that were not brought into force by ernment can be "as flippant" it wish-
contested election court case, while ed to have not won the seat in the the former PLP government. es in response to the opposition's
declaring his elation at withstanding court challenge, she is pleased that They include: The Early Child- questions, but it must be remem-
the efforts of Mrs Allyson May- deficiencies in the registration and hood Care Act, 2004; The Copy- bered that the two pieces of legisla-
nard-Gibson to retain the seat. voting systems were exposed. right (Amendment) Act, 2004; The tion in question the Child Protec-
"And so, Mr Speaker, we did it Now, she said, we all as Bahami- Insurance Act, 2005; The Child Pro- tion and Domestic Violence Acts -
on Election Day May 2, we did it ans must unite to reform the sys- tection Act, 2007; The National will impact heavily on the frequency
again on the recount, and now we tern. Health Insurance Act, 2007; The of crime in the country.
FROM page one Chnitie ree clalimn Christie. "Perry Christie and the PLP were
i U IJCi u l Instead of levelling these types of not there when Manani Taylor says
S T personal attacks, Mr Christie said he paid $1,000 for a voter's card.
blamed Pey Christieforthefaults To this, Mr Christie responded: the prime minister should look to Perry Christie and the PLP were not
in the electoralsystem exposed in But I also want to take this oppor- correct some of the deficiencies there when people were allowed to
the Pinewood election court case tunity to address some belligerent exposed in the case. register to vote who were not quali-
and said there is no need fora co- and improper remarks made by the "Whenever a non-Bahamian can field to be so registered. As prime
mission of inquiry into irregularities prime minister yesterday. He buy a voter's card for $1,000 and minister, Mr Ingraham cannot flip-
highlighted in the election court's addressed these remarks to me vote in a Bahamian general election, pantly dismiss these issues and the
ruling in the Pinewood case. about the electoral process. Let me whenever statements made by that issues raised by the justices, where
All that is needed, Mr Ingraham say that I reject them entirely. The same non-Bahamian Manani Tay- they state:
said, is a competent prime minister only one who ought to be ashamed is lor suggest that this was not an iso- 'Perhaps the time is appropriate
who could dohis job, "and do it in a the prime minister himself. lated incident, it is a threat to our for the Parliamentary Commissioner
timely manner". "He should be ashamed for yet birthright and clearly undermines to comprehensively examine the prac-
Mr Ingraham charged that these again demonstrating to the young the way we govern ourselves," said tices and procedures of the Parlia-
problems did not occur in 1992, 1997 people of this country how not to Mr Christie. mentary Registration Department
or 2002, and "Mr Christie should be be behave. The country has had "As Bahamians, we should all be with a view to ensuring that what we
ashamed of himself." enough of this tiresome, ugly and gravely concerned." saw in Pinewood does not reoccur...
"There's nothing wrong with the nasty language and Hubert Ingra- Mr Christie suggested that an all- "This is a matter which should not
system," said the prime minister, ham simply needs to act with the party conference should now be be dealt with lightly, but as a serious
"It's a very good system. We just dignity and maturity that Bahami- established as a means to produce issue that needs to be addressed by
had an incompetent prime minis- ans expect of the person holding the solutions to deficiencies in the reg- all parties in the best interest of the
ter.t office of prime minister," said Mr istration and voting systems. Bahamian people and our democ-
"We know, for example, that indi- racy," said Mr Christie.
viduals were registered for the 2007 The country is in serious need of
election who were not qualified to be leadership, argued the opposition
on the registration list, even to the leader, who then challenged the
SS TA I N T N extent of registering non-citizens," prime minister.
DON STAINTON said Mr Christie. "As Prime Minis- "While Bimini is burning and
ter, Mr Ingraham must say how he schoolboys get murdered shot to
P R T EN intends to deal with that issue." death in broad daylight on Bay
Mr Christie further declared that Street, Hubert Ingraham is wasting
blame cannot and should not be time on political rallies, talking about
placed at his feet for voter fraud and counting, counting and more count-
E SELL UTER SPACE corruption in the last election ing," said Mr Christie.
TELEPHONE: 322-8219 322-8160 FROM page one
while Errol Bethel is out of the
country on vacation conceded documents of identification, he said.
yesterday that human error may All other documents, especially
have played a role in accepting affidavits, will be sent directly to
ALL ALUMINUM PATIO ROOF OR fraudulent identification documents the Attorney Generals Office for
SCREENED ROOM during the voters' registration verification.
process leading up to the May 2 "Human errors were made by
, -+~~ election. ours uttywe notma
Senior Justice Anita Alien and our staff but they were not made
Justice Jon Isaacs, in their written deliberately We made onthespot
ruling in the Pinewood election judgments (about the veracity of
documents). We made them in
case, said the matter had exposed good faith," he said.
"the most egregious failures in the However. Mr Hall said that such
parliamentary registration system." o M g
The judges also found that the on-the-spot judgments will no
The judges also found that the longer be made at his department.
parliamentary commissioner failed "The Attorney General's Office
esrn the inegt o th w"The Attorney General's Office
ii itn ensuring the inPteri of the reg- is going to get involved, the lawyers
Sistration pro in Pinewoo are going to be asked to advise us
Acting parliamentary commis- and when it comes to training we're
__sioner Mr Hall said yesterday that going to bring the police to help
SWE DOhe oe not think thejudges' ruling train our people in what to look
was too harsh in its wording. for in fraudulent documents.
"They have a job to do, but we "We are now going look at the
just have to clean house and are
going e to tryand bring our system in system, we are now going to tighten
line with the judges' ruling," he up the way we do things," he said.
said. Addressing the person of Parlia-
Mr Hall explained that the par- mentary Commissioner Errol
at par Bethel, Mr Hall said of his superior:
liamentary registration department "I've worked with Mr Bethel for
closelywit Awob orkin g veray the last ten years and I believe that
closely with the Attorney General's he is a capable experienced public
Office and police in an effort to
Office and police in an effort to officer and he loves this country as
avoid a situation similar to that of much as I do and he would not do
the Pinewood case in future. anything to harm the integrity of
Except for valid passports. birth
.cer pti fovalid passportoI birth our registration system. He did his
Certificates and photo ID from a best as did all of our staff mem-
ALL ALUMINUM CAR PORT known and established business in bers. We love this country, we want
the Bahamas, the parliamentary to see the best for it, we don't want
Serving The Bahamian Community Since 1978 registration department will from anybody tearing down our nation."
S now on not be accepting any other


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PAGi- 14, THURSDAY, JANUARY 24, 2008


THE TRIBUNE




THURSDAY, JANUARY 24, 2008, PAGE 15


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THE TRIBUNE






THE TRIBUNE


PAGE 16, THURSDAY, JANUARY 24, 2008


LOCA


NOTICE
The general public is advised that
the mid-day Prayer Meeting for
BETHESDA FAITH MINISTRIES
has now been relocated to the
West wing of the Bahamas Faith
Ministries Int'l Carmichael Road.
Service time for mid-day prayer
12 noon 2p.m.
For further info please contact:
392-3278


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Saint Agnes Anglican


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receives a makeover


St Agnes Anglican Church in
Orange Creek, Cat Island
received much needed help last
weekend from some friends in
the capital.
The Anglican Church Men
(ACM) singing group the "Sons
of Thunder" which was formed
in September of 2005, arrived
on Cat Island on Friday, Janu-
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Herbert Scott.
They were accompanied by
10 other men from various
ACM groups in Nassau.
Once on the island, the group
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All day Friday and Saturday
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Then on Sunday inurning
members of Holv Cross in
Dumfries an1d St Andrew's in
Arthur's lTown were enchant-
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Fr Burton, priest in charge of
St Agnes, said he was impressed
by the work the men completed
during the course of the week-
end.
Many other churches in Cat
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same kind assistance.
The clergy, vestry and peo-
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Margaret's. Nicholls Tow\ n
Andros for initiating this con-
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THURSDAY, JANUARY 24, 2008, PAGE 17


THE TRIBUNE


LOCALNEWS


FROM page one

he vehemently rejected claims of
victimisation, stressing the force's
transparency and openness.
"1 am satisfied there is trans-
parency and the system allows for
everyone to complain," he said,
with officers having the right to
report to the ministry if they felt it
necessary.
On the issue of wardroom
funds, Commodore Scavella said
he conferred with his subordinates
and there were "no reports of any
money being misused from the
wardroom funds".
Commodore Scavella has been
accused by some officers of being
"dictatorial" and invoking court
martial procedures more than any
of his predecessors in his bid to
impose discipline on the force.
But he explained that the force
was in transition to ensure it was
run as a military organisation.
Therefore every officer must
adhere to military guidelines.
"The Defence Force is in tran-
sition and is going back to basics.
We're ensuring the force is run as
a military and we're in the process
of diversifying the force.
"One of our (past) criticisms is
that enlisted persons were always
disciplined and commissioned offi-
cers were not. We have said that
commissioned officers will now be
disciplined. I suppose that is a dif-
ficulty that some of the old officers
who breach (rules) must (face)."
An 'inside source appealed to
The Tribune for the Minister of
National Security, Tommy Turn-.
quest, to intervene in this "fiasco"
or else the force would incur some
"serious problems". It was claimed
that Commodore Scavella inter-
fered with the court martial
process and used favoured junior
officers in senior positions, alien-
ating many senior officers in the
process.
When contacted for comilent
yesterday, Minister Turnquest said
he had close oversight on the
RBDF.
"I meet with the commodore
on a regular basis and I am updat-
ed constantly. We are very familiar
with what's going on at the
Defence Force and we know that
there are some personality clashes
down there.
"However, we had a senior offi-
cers retreat two Fridays ago and I
thought that Commodore Scavel-
la made an excellent speech. I
thought he reached out to those
persons who were in the running
for his job and were not chosen,"
the minister said.
Mr Turnquest said he was
aware of Commodore Scavella's


Defence Force
quest to instill discipline through-
out the force, and that there
was "nothing untoward" in the
RBDF's internal court proceed-
ings.
He would not comment specif-
ically on any pending cases, only
re-stated that he "is very aware of
what is going on at the base."
When asked about the dispute
over $3,000 in wardroom funds,
Mr Turnquest replied: "That story
is not true."
When Commodore Scavella
succeeded Commodore Davey
Rolle a year ago, his appointment
was welcomed by the officer corps,
who felt the force was in need of
new impetus and direction.
He arrived with a reputation as
a disciplinary "hardman" after the
force had been embroiled in a
number of scandals and mishaps
over several years.
After welcoming his early
efforts to establish the force on a
new foundation, some officers now
feel Commodore Scavella is
undermining morale by using the
force's own court procedures to
reinforce his alleged "dictatorial"
attitudes.
One issue to spark concern was


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the alleged court martial of a Mus-
lim officer for insubordination
after he refused to join in Christian
prayers during parade. Another
was the alleged "hanishnent" of
another Muslim officer to the
Inagua base, which colleagues
claim is an inappropriate posting
fol someone of his rank.
"The military has rules and reg-
ulations and they arc to be con-
formed by all officers Christian.
Muslim, all religions must obey.
There is nothing in terms of vic-
timisation. That does not exist.
There is complete openness and
the minister is completely
involved," rebutted the Com-
modore.
Critics claim that $3,000 from
wardroom funds was wrongly
spent on another function, leav-
ing only $500 in the kitty.
Lt Commander Kline, acting
senior counsel at the Attorney
General's Office, weighed in on
the issue yesterday. He could not
comment specifically on the com-
plaints, but said:
"One of the difficulties I know
officers have had is, because of
the military nature of the organi-
sation, it is sometimes difficult for
them to complain.
"There is a need for greater
transparency and for the Ministry
of National Security to exercise


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greater control over the adminis-
trative end at the base.
"One of the challenges I think is
the administration of the military
justice system. The RBDF has a
very sophisticated Defence Force
Act and very serious penalties
intact, so it is very important that
the (officers) who regulate that
understand the law and under-
stand due process."
In his opinion, many officers at
the base were "behind God's
back" without proper access to the
redress system and were reluc-
tant to come forward with com-
plaints.
Last year a retired Muslim offi-
cer filed suit against the force
claiming his constitutional rights
were violated because he was not
allowed to "fall out" of a Christian
prayer service.


interviewed by police.
He also pointed out that wit-
nesses police intended to rely on
were his client's own family mem-
bers, who could not help their
case.
Inspector Althea Porter, pros-
ecuting, said it was her assump-
tion that, when a file reached her
desk, police had done the proper
investigation.
Chief Magistrate Gomez, not-
ing Mr Smith's concerns, said the
court's hands were "tied."
He said once an accused per-
son was brought before the
courts they had to be arraigned.
Both accused were remanded to
prison without bail.


FROM page one

is charged with abetting the mur-
der of Yovelle Thompson, to
which he to was not required to
plead. That matter was also been
adjourned to March 3.
Before the arraignment, attor-
ney Koed Smith, representing
Jamaal Goodman Smith, rose to
ask whether there was any
authority that would allow the
matter to be stood down so that
police could conduct a proper
investigation.
Mr Smith told the court that
the virtual complainant in his
client's case had not yet been


I~*" rr
.~~
x"






THE TRIBUNE


PAGE 18. THURSDAY, JANUARY 24, 2008


LOANW


"This is now the time for healing and for moving forward. Let us work together but not just to make
Pinewood a great constituency but to make the Commonwealth of the Bahamas all that it can be."


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9 6'8 waM a


Oal


Byran Woodside



Pinewood MP vows to




continue people's work

0 BY CLUNIS DEVANEY
PINEWOOD MP Byran
with the Election Court chal- ...
lenge for the Pinewood seat suc-'
cessfully behind him, he can '
IISJV mnfll he nd w ith m, akinC al


now move alllV llllU Wll llII lM
his contribution to the country
he loves so much.
The court's ruling declaring
Mr Woodside the winner and
duly elected member of parlia-
ment for the Pinewood con-
stituency was formally commu-
nicated to parliament by House
Speaker Alvin Smith, who read
into the record a letter to that
effect signed by Senior Justice
Anita Allen and Justice Jon
Isaacs.
Addressing the House on his
victory, Mr Woodside said, "I
commit myself to do the job to
which the prime minister has
appointed me to do: to engage
our young people in employ-
ment so that they can find jobs
so that they can be all that they
desire to be."
The Pinewood MP, who was
appointed Minister of State for
Youth and Sports, said he will
also encourage young people to
be enterprising Bahamians
through entrepreneurialism.
and encourage them to seek
empowerment so that they can
use all the talents.
Mr Woodside thanked Prime
Minister Hubert Ingraham,
Education, Youth, Sports and
Culture Minister Carl Bethel,
his immediate family and the


TIME FOR HEALING: Byran Woodside after the election court ruling which declared hi
the winner in the Pinewood constituency by 49 votes.


people of Pinewood for their
confidence and support during
the four-month-long Election
Court process.
"While 1 am very pleased
with the end results. I am aware
that the process could have end-
ed in a different way, and so I
say to God be the glory, for He
continues to work out His pur-
pose in my life," he said.


"We have a lot to do as we
continue to build our country,
The Bahamas," Mr Woodside
stated. "With this behind me, I
can now move ahead with con-
tributing and making my con-
tribution to this country I love
so greatly.
"This is now the time for
healing and for moving forward.
Let us work together but not


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just to make Pinewood a great
constituency but to make the
Commonwealth of the
Bahamas all that it can be."
Mr Woodside said he did not
enter politics for money, pres-
tige or power. "I entered politics
because I've been convicted
that when good men stand idly
on the wayside, evil men run
things by default."
He added that he entered
politics because "I wanted to
be of service to my country."
The Pinewood MP paid spe-
cial tribute to Pinewood resi-
dent Jenny Cartwright, now
deceased, whom he said
believed in him.
"Each of us has a duty: we
have a duty to our family, we
have a duty to our country, we
have a duty to the God we
serve, if we believe in one," said
Mr Woodside.
"But we have a duty as well
to our nation. I believe my duty
is to do my part in any little way
that 1 can to help to make this
little nation the best nation it
can be in this western hemi-
sphere.
"And so, we did it on Elec-
tion Day, May 2,2007; we did it
again on the recount and now
we have done it again. We did it
under the scrutiny of the court,
under which the will of the
Bahamian people in Pinewood
has prevailed."
He added: "It is my desire to
see the young people of this
nation rise above the scourge
of crime, rise above, teenage
pregnancy, rise above illiteracy
and be all that they can be and
fulfill God's promises for their
lives."


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THURSDAY, JANUARY 24, 2008, PAGE 19


Californian


convicted


in Bolivia



'vampire


bombings


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Tuesday due to flooding that has killed 20 people nationwide in the last three months
SENTENCED: US citizen Triston Jay Amero di' w a copy of the
Koran during his trial in court in La Paz in this bo ber 24, 2007 file
photo. Amero, from California, was sentenced on Tuesday, Jan. 22,
2008 to 30 years in prison without parole for killing two people in v .
hotel bombings in Bolivia's capital in 2006. g .
0 LA PAZ, Bolivia
A California man who adopted the name of a fictional vampire :A
has been sentenced to 30 years in prison without parole for killing e
two people in hotel bombings, the government news agency and an
attorney who attended the sentencing said yesterday, according to
the Associted Press.
Triston Jay Amero, 26, was convicted Tuesday of killing two peo-
ple by setting off dynamite in two low-rent hotels in the Bolivian .
capital in 2006, according to the state's ABI news agency and h
Javier Albarracin, an attorney for the victims and owner of one of i
the bombed hotels. Also convicted was Amero's former girlfriend, ,
Alda Ribeiro Costa, 47. of Uruguay. .
Amero has legally changed his name to Lestat Claudius de *
Orleans y Montevideo, said Paul Wolf, a Washington. D.C.-based I.
lawyer monitoring the case on behalf of Amero's family. The ,
name is derived from a character in Anne Rice's vampire novels.
The Placerville man, in and out of psychiatric hospitals and
juvenile prisons since he was 7 years old, has frequently threatened
suicide and violence against authorities, according to court docu-
ments in the United States.
"This American was putting bombs in hotels," President Evo
Morales said shortly after Amero was arrested. "The U.S. gov-
ernment fights terrorism, and they send us terrorists."
That prompted protests and denials from U.S. officials, and
Wolf suggested Morales' comments tainted the trial: "You have the
president of the country saying this guy is guilty. That's not fair."
Wolf said that Amero's mother, Donna Scheda, declined to
comment on the verdict. In his travels through South America
before the bombings, Amero had described himself as a Saudi
Arabian lawyer, a pagan high priest, a notary public and even a
vampire. Amero was convicted of bombing an automatic cash
machine in northern Argentina before he arrived in Bolivia, where
he obtained a legal license to sell dynamite.....,..
Prison officials last year said Amero tried to attack his own
attorney with a kitchen knife. A search of his cell turned up a bot-
tle of gasoline and Amero confessed that he planned that he planned to "set fire to
the prison superintendent and the United States diplomat who ...
visits him every now and then," prison security director Edgar
Andrade told reporters. '


~v~;~j~F-r4lsR~E~(Ek~Ji~l~ L-ylraa~dYI~ Mll








PAGE20,THUSDAY JAUAR 24 200 TH TRBUN


r7)


Fr






From left: Rose Bethel, manager, Personal Financial Services,
and winner Genevie Tiny Johnson of Fresh Creek Andros.


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On hand to witness the official drawing
of the winning entry were (pictured from
left) K. Tex Pinder, manager, Customer
Service and Operations, New Providence
'& Grand Bahama, RBC; Ricardo
Ingraham, senior auditor, Deloitte &
Touche and Fanchon Braynen, senior manager, Customer
Service, Operations & Human Resources, RBC FINCO.


I I


i


A KENYAN opposition supporter runs past blazing cars, on Wednesday, 2008, Nairobi, Kenya. Dozens of pro-
testers set fire to an office building Wednesday after police fired tear gas at youths throwing rocks outside
a memorial service, which was held in honour of victims of the country's election violence.


* NAIROBI, Kenya
Protesters set fire to a gov-
ernment office building
Wednesday, forcing workers to
climb out windows as former
U.N. chief Kofi Annan tried to
resolve the dispute over
Kenya's presidential election,
according to the Associated
Press.
The melee started after police
fired tear gas at stone-throwing
youths during a memorial ser-
vice organized by the opposi-
tion to honor those killed since
the Dec. 27. election.
President Mwai Kibaki won a
second five-year term, but the
opposition and international
observers say the vote tally was
rigged. Some 685 people have
been killed in riots and ethnic
fighting.
During the memorial service,
opposition leader Raila Odin-
ga said Kenya's 40-plus tribes
should not be at war with one
another.
"This is a war between the
people of Kenya and a very


small bloodthirsty clique cling-
ing to p6wer," Odinga told
about 800 supporters in a sports
ground. Just outside, young
men were stopping cars, beating
people and taunting police.
'Police initially held their fire
but eventually' responded with
tear gas, some of which landed
inside the sports ground and
forced the mourne- to flee.
About 50 young mer .hen set
upon the government-owned
telecommunications building,
smashing windows and starting
fires.
"We don't know what hap-
pened," Mary Bwire, a secre-
tary at the office, told The Asso-
ciated Press. "Suddenly there
were stones everywhere. We all
hid under tables."
She and several other work-
ers crawled out ground-floor
windows to safety.
Under pressure from Annan,
Kenya's opposition later called
off plans for a day of protests
Thursday, a small victory on the
former U.N. secretary-general's
first day of mediation. Police


have banned all demonstrations,
and at least 24 people died in
three days of protests last week.
Most of the deaths were blamed
on police. "On the request of
the mediation team we have
called off the activities we had
planned for tomorrow," said
William Ruto, a leading oppo-
sition figure.
In Limuru, about 15 miles
outside Nairobi, police fired at
men with machetes who
blocked the road and demand-
ed to know people's ethnicity,
Nancy Chumba, a witness, said
by telephone. Two people were
fatally shot, according to a
police official who spoke on
condition of anonymity because
he was not authorized to talk
to the media. Another two peo-
ple were found dead in Nairo-
bi's slums, police said.
Annan is the latest interna-
tional figure to try to intervene
in the standoff. The chairman
of the African Union, Ghaniah
President John Kufuor, failed
to persuade Kibaki and Odinga
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--------- ~~ It I` --~ ~~CIR"Y


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PAGE 20, THURSDAY, JANUARY 24, 2008


THE TRIBUNE


`~~CE!


i~f~


m











41


I eSS
J.~ JL V^k7


T I1RS1) AY, JANUARY 24, 2008
...0. :- : ,' .
.".,;''t ".. ,'',& :.. 5 '


'Bribes' only way to 'achieve


business goals within time'


Money Safe.
Money Fast.




Bank of The Bahamas
f" r N T I,. R N A T 1 0 N A I
OnUne at
BankBahmlu usOnin.com


Customs woes

harm business

efficiency, costs


* By NEIL HARTNELL
Tribune Business Editor
Paving "bribes' to facilitate
planning applications and per-
mit approvals to the Ministry
of Works is the only way
many Bahamian businessmen
feel they can "achieve business objectives
in a timely manner", a draft of a report set
to be presented to Prime Minister Hubert
Ingraham has revealed.
The report, compiled by the Chamber of
Commerce from feedback received from
its members and businessmen in round-
table sessions, found the private sector
had numerous concerns with the planning
process, recommending that the Town
Planning Act be reformed and the


'approval in principle' be clearly defined.
The Chamber report said: "The well-
documented and often-discussed bottle-
necks within the Ministry of Works have
invariably led to the public's perception of
enhanced power in the hands of a few piv-
otal public servants, matched with a great
susceptibility to corruption or, at a mini-
mum, openness to inducements.
"While participants in the Roundtable
did not acknowledge personal involve-
ment in offering inducement to a person,
they all believed that paying someone to
move a project forward was the only real-
istic way of achieving business objectives in
a timely manner."
The Chamber report backs up the find-
ings of the audit and assessment conduct-
ed last year on the Ministry of Works by


UK-based Crown Agents. The report not-
ed that there had been complaints of
"questionable behaviour", with allega-
tions that payment was being sought for
issuing licences, permits and approvals.
Perceived or real, concerns about busi-
nessmen and investors being solicited for
bribes and kickbacks to facilitate plan-
ning and permit applications have the abil-
ity to do great damage, not just to the
Ministry of Works and the Government,
but the whole planning process, private
sector and the economy.
Meanwhile, the Chamber report said
there was a need for "greater clarity" in
relation to what an 'approval in principle'

See BRIBES, page 12B


* By NEIL HARTNELL
Tribune Business Editor'
THE cost of goods for
Bahamian consumers is being
increased by the Customs
Department's failure to con-
sistently reimburse the ship-
ping companies for the costs
they incur when imports into
this nation are confiscated,
shippers and Bahamian busi-
nesses have charged.
A draft Bahamas Chamber
of Commerce report on the
feedback obtained from the
business community on ineffi-
ciencies in the public sector


that increase the cost of doing
business, a copy of which has
been obtained by The Tribune.
revealed that businesses and
shipping companies were
"perennially not receiving pay-
ments due to them" from Cus-
toms when confiscated goods
were auctioned.
When Bahamian residents
and companies did not pay the
required import and stamp
duties on their imported goods,
these products were confiscat-
ed and delivered to the Cus-

See CUSTOMS, 5B


Incentives end would

add 30-40% tc resort

project costs

* By NEIL HARTNELL enjoyed on their investment
Tribune Business was lower than the yield they
Editor could achieve in rival desti-
nations.
MANY Bahamas-based To compensate them for
resort investments would not this, the Bahamas had to
have taken place if the incen- offer a range of tax breaks
tives and tax breaks they and investment incentives
enjoyed had not been avail- that compensated for this.
able to them, a senior hotel and ensured investors
executive told The Tribune obtained their desired return.
yesterday, as without these "'The cost of doing busi-
another 30-40 per cent would ness in the Bahamas is
have been added to their exceedingly high," Mr Comi-
costs. to told The Tribune.
Responding to the Inter- "If the incentives did not
national Monetaryv Fund's exist, it would not allow
(IMF) assertion that the many of the tourism invest-
existing level of investment ments to come to the front
incentives were "overly gen- end."
erous", Frank Comilo. the lie added: "The whole
Bahamas Hotel Associa- idea behind investment
tion's (BHA) executive vice- incentives is to get ongoing
president, said he felt many revenues to sustain employ-
existing or potential investors ment, government tax rev-
in the Bahamas would dis- enues and spin-off entrepre-
agree with that notion. neurial opportunities.
This was because relative- "Atlantis is a perfect
ly high costs of doing busi- example of what spin-off
ness in the Bahamas, cou- opportunities from these
pled with structural chal- investments can be. I suspect
lenges such as poor worker
productivity, meant that the
rate of return that developers SEE page 4B


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Bahamas may face 9-10 per cent

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* By NEIL HARTNELL
Tribune Business Editor
THE cost of goods imported
from Florida to the Bahamas
could increase by 9-10 per cent,
increasing prices for consumers
and raising inflation and the
cost of living, due to a 'bre\ -
ing storm" in the Sunshine
State, the Chamber of Com-
merce's president warned yes-
terday.
With Florida's Tax and Bud-
get Reform Commission
mulling whether to place a
repeal of the b per cent export
sales tax exemption on the vot-


Chamber chief says major
food store chain told him
that if Florida's 6.5 per cent
export sales tax exemption
repealed, its costs will
rise $3m and $25m in
purchases from Miami
switched elsewhere

er ballot scheduled for Novem-
ber 2008, Dionisio D'Aguilar

SEE page 8B


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THE TRIBUNE


PAGE 2B, THURSDAY, JANUARY 24, 2008


63-bl


Ministry of Tourism





is 'not surprised'





at hotels' losses


* By CARA BRENNEN-
BETHEL
Tribune Business
Reporter
THE Ministry of Tourism's
director-general yesterday told
Tribune Business that it was
"not surprising" that 60 per
cent of Bahamian hotels sus-
tained a net loss in 2007, given


BIY BAHAMAS


the numerous challenges the
industry faced last year.
Vernice Walkine said the
Bahamas had to confront a
softening United States econ-
omy, combined with spiralling
energy costs and the effects of
the Western Hemisphere Trav-
el Initiative (WHTI), which
also impacted tourism through-
out the Caribbean.
The director-general,
responding to the findings of a
Bahamas Hotel Association
(BHA) survey, said the
biggest challenge for 2008 was
the extremely high operating
costs faced by Bahamian
hotels.
She added that even though
in many cases hotel room rates
went up, the resorts were not
meeting their target yields,
which was why revenues were
down.
"Currently, this country has
one of the highest costs in the
region, and we have to find a
way to cause the hotel sector to
operate at lower costs," Ms
Walkine said.
She said, though, that finding
the balance between operat-
ing costs such as electricity,
water and gas would be diffi-
cult to achieve.
From the Ministry of Touris-
m's perspective, Ms Walkine
said they were not alarmed by
the hotels' performance, which
"does not come as a total sur-
prise".
The ministry was proactive-
ly targeting travel markets
outside the United States, in
countries such as Canada and
Europe, to counter any nega-
tive impact that may arise as
a result of the economic strains
the US may experience this
year.
The director-general also
expressed confidence that the


=OURISMS dq*ilyxw enra .


Government would resolve the
issues relating to the overtime
fees that the airlines have to
pay to the Customs and Immi-
gration Departments to clear
after-hour flights.
Ms Walkine said carriers
such as American Eagle are
being penalsed for this, as they
answer the demand for flight
frequency.
"The Government is aware
of this, and I am satisfied that
they will do all that they can to
resolve the matter.
Currently, airlines with
flights landing at Lynden Pin-
dling International Airport
(LPIA) in the evening after
normal working hours are
required to cover the overtime
costs that Customs and Immi-
gration incur in deploying per-


sonnel to deal with these
arrivals.
This has discouraged carri-
ers, such as American Eagle
and Continental Connection,
from flying into Nassau during
the evening hours.
said
both airlines had indicated that
servicing New Providence with
evening flights would be "eco-
nomically to their advantage",
and the tourism industry was
"certain" they would come if
not faced with having to pay
$2.5 million per annum in over-
time costs.
Mr Comito said such a
development, if it happened,
would result in a "net revenue
gain" for both the Government
and the hotel industry.


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THURSDAY, JANUARY 24, 2008, PAGE 3B


THE TRIBUNE


Winterbotham boosts the


Bahamas


'show of strength'


* By NEIL HARTNELL
Tribune Business Editor
THE Winterbotham Trust
Company has become the sec-
ond Bahamas-based financial
services provider to obtain an
honour in Euromoney's 2008
private banking awards, gen-
erating what its chief execu-
tive described as "show of
strength" by this nation's finan-
cial industry.
Alan Davidson said Winter-
botham's award for 'Best Off-
shore Services Caribbean',
which it won alongside KPMG,
together with Butterfield's
Best Local Private Bank in the
Caribbean honour, proves the
Bahamas has "very good ser-
vices providers" who can com-
pete with any global institu-
tion.
"I think it speaks for itself,"
Mr Davidson told The Tri-
bune. "These things aren't easy
to get. Euromoney has to do


their homework, and overall
it's great for the Bahamas.
"Certainly, for the institu-
tions to have these awards -
and there may be others it
goes to show we're very good
service providers overall. It's
great for the island. It's a show
of strength. I can't imagine any
other Caribbean island getting
more than one award."
Mr Davidson said Winter-
botham, which was founded 16
years ago as a Bahamian-based
bank and financial services
provider, was "very proud" to
have won the Euromoney
award.
He added that the awards
were usually given to larger
players, rather than niche
financial services providers
such as his own business.
The Winterbotham chief
executive said he believed the
company's responsiveness to
client requests, turnaround
time and service quality were


the decisive factors in it win-
ning the award.
"I think it was the timely
response we give to people,"
he added. "We're very quick
at providing results. It's the
dedication of our people in the
Bahamas, and we're always
looking to provide solutions
very quickly.'
"We know we're good at
some things, but I think it's
basically because of service."
W in terbotha m's Nassau
office employs 24, while anoth-
er 30 staff are based in
Uruguay.
While most Bahamas-based
financial institutions are
focused on private wealth man-
agement as their core business,
Winterbotham has carved out
its own separate niche in fund
administration; corporate ser-
vices, where it handles compa-
ny administration and incor-
poration: a trust business: and
a banking business, where it
deals with receipts and pay-


rolls on behalf of clients.
Having adjusted "very
quickly" to the Central bank's
decision several years ago to
phase out managed banks, Mr
Davidson told The Tribune:
"We have a very strong niche.
"We are a service and solu-
tions provider for corporate
clients and institutions. Here
is mostly wealth management,
but we're not in wealth man-
agement. From that, we've
built up a very strong reputa-
tion in Latin America among
financial institutions and asset
managers."
As a fund administrator,
Winterbotham administers
funds that have some $8 bil-
lion in assets under manage-
ment, calculating daily net
asset values (NAVs), register-
ing funds with the Securities
Commission, licensing them
and taking care of the corpo-
rate structure.
With staff members able to
speak fluent Portuguese and


Spanish, Winterbotham's
clients are concentrated main-
ly in Europe and Latin Amer-
ica. Clients, especially from
Brazil, are looking to increas-
ingly structure transactions and
investment structures through
jurisdictions such as the
Bahamas.
"We're just going to carry
on doing what we do and what
we do best," Mr Davidson said.
"We've just hired a guy for
corporate finance, which would
again be for very specialist
deals involving mergers and
acquisitions, initial public offer-
ings.
"I was talking some time ago
to the IDB, and they were
quite surprised at the number
of effective deals we have here
or are in the pipeline."
Euromoney Awards for
Excellence are globally recog-
nised benchmarks in the bank-
ing industry. The winners are
chosen by a panel of
Euromoney editors, with assis-


tance from their correspon-
dents in each region.
Published in the United
Kingdom, Euromoney is an
influential publication in capi-
tal markets with an average of
145,000 readers worldwide.
The magazine reports its
highest readership in the UK
and Europe, followed by the
Americas, Asia and the Middle
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SIncentives end would add


FROM page 4B

these investments would not
have come on stream if they
had to add 30-40 per cent on to
the cost of their investment in
the Bahamas. They [investors]
have to service that investment
with debt servicing."
The cost of doing business
in the Bahamas, and the drag it
Simposes on hotel industry sus-
tainability and profitability, is
nothing new and has been an
ongoing issue with regard to
the industry's competitiveness
for many years. Yet nothing
has been done about it.
The Tourism Taskforce on


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Trade Liberalisation's 2)().0;
report found that opealiitn'
profits achieved by N;isail
hotels were 59 per cenl and / I
per cent lower than their cmin
terparts in the Carihhbben a:d
the US.
Utility and mechan icl cosli
for the Nassau hotel \vie i (
per cent and 114 pei cclt inhil
er than for its Cariblbc,an and
US counterparts respcleI\,y.'
The report identified ;s "a
major culprit" the higher cli c
tricity costs in the Bahanis.
where hotels would t.pic;ill
pay BEC $0.16-$0.18 per kilo
watt per hour, which was Iw c
the level for businesses .n
countries such as Ireland, ili.
UK, Germany. Ihe UiS aiod
Spain.
And addressing the rcc il
Bahamas Business (Oul lo I
Conference, Chrisi (iili'
Anand, managing i a, in
for the $1.4 billion Ail';,im
development, said invesli ,
in the Bahamas were faced
with costs that are $0.7(1
higher on every $1.
"The encourage ments i i
the Hotel Encouragement
Act partially offset Iho,;
things, but we have a ic;il
tax in doing business he~."
he said.


SI i
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,, ll in ii) in ":
( i i .'s ii s < i


LEGAL N(<
NOTl' ,:
Bahamas International 1I Hit
(No.45 i' '

In Volunt;ir I ii''


Notice is hereby given in acco li, ii, I'i
Bahamas International H~,inIt"c "'lr "
WELLER MANA(;EEMI:N I II
CAN MANAGEMENT S1:\ \ I -, r'
Liquidator and can he con.tIcti ,,1 \ '
P.O. Box N-10429, Nassat,. hiiiii'I
against the above-namcdl c pa11iii] \ A,
addresses and paiticulai s ,1 tihl1, I
before 20th December,c 2i()r


iJNassau

o.n, more
rlassau or
Sr-iiovtwhpre


"intqPq 1oi a
T ') lr


PANAMERIAN MANAGEMENT
SERVICES (BAHAMAS) LTD.
Liquidator


*Violins SLax, M ier
SpeakeiPs Aft TV'



S2 h Sy Fi


li


, 7-A


lIB O(U glI e llll-l tl M IlVlgl i /


~- - -;rv






THE TRIBUNE


THURSDAY, JANUARY 24, 2008, PAGE 5B


CUSTOMS, from 1


toms Warehouse.
The Chamber report said:
"Items not collected within a
designated period of time are
auctioned off. When auc-
tioned, the consideration paid
to Bahamas Customs is expect-
ed to include cost and freight
charges that are due and
payable to the applicable ship-
ping companies.
"On a routine basis, the ship-
ping companies are not paid
anything to reimburse them -
partially or otherwise for the
costs of shipping and broker-
age/trucking services."
The draft report added:
"When shipping companies are
forced to fully absorb trans-
port costs for confiscated
goods, it increases the costs of
goods to the general public.
"Customs claims that
refunds are processed within
six months, but this is rarely
done. One Chamber member
noted that they have not
received a refund for freight
in 29 years of doing business
in the shipping industry."
The Chamber report said the
auction process was "in urgent
need of reform". It suggested
that the Customs Department
should acknowledged receipt
of requests for funds, and use a
process of minimum bids that
incorporate proportionate allo-
cations for duties, freight and


ground transportation.
The report recommended
that "shippers should be paid a
proportionate amount for
freight irrespective of how
much the lowest bid was". Pay-
ment to shipping firms should
not be denied, it added, on the
basis that the amount received
from the auction was "too low
to share".
The feedback, obtained in
roundtable sessions with
Chamber and business com-
munity members, found that
Bahamian companies had
formed the opinion that when
doing business with the Cus-
toms Department, "it is all
about who you know" rather
than knowledge of policies and
procedures.
The Chamber report said:
"In general, businesses need
to know the right broker who
knew the right Customs Offi-
cers. Brokers identify officers
who have the clout to get
things done, and they 'oil the
wheels to get more things
through the system'. Regret-
tably, that process has become
the routine way of doing busi-
ness.
"The 'who you know' way
of doing business clearly leads
to corruption in people and in
the process. In the long run,
the general public suffers
because those with the ability
to pay to 'oil the wheels' get
preferential service, and those
who don't get inadequate
attention.


"The process should be
overhauled and multiple infor-
mation streams/processes
established to serve the differ-
ing needs of the general public
and those of the business com-
munity. Businesses with the
need for more comprehensive
and expedited services should
pay more for that privilege."
The Chamber report, the
final version of which is due to
be presented to Prime Minister
Hubert Ingraham, added that
there were not enough Cus-
toms officers to deal with the
volume of business the depart-
ment had to handle.
Chamber members and busi-
nesses had complained there
were only two Customs offi-
cers assigned to respond to
calls from the major shipping
agencies.
Meanwhile, other business-
men complained that the 'new
generation' of Customs offi-
cers "does not appear to take
their jobs seriously". The busi-
ness community felt they were
not responsive to their needs,
and did not provide efficient
and timely service.
"Time lost diminishes cus-
tomer satisfaction," The
Chamber report said. "Time
lost is money lost. The inabili-
ty to deliver products or ser-
vices which require imported
goods/products 'at the pace of
the customer's business' dimin-
ishes competitiveness.
"This has huge risks for the
business community in that it is


constantly required to compete
for limited opportunities.
Delays and inefficiencies in
Customs have indirect, and
oftentimes immediate, finan-
cial costs."
The Chamber report urgcd
that the number of Customs
officers to conduct onsite
inspections be increased, as it
was felt there were only sev-
en such staff available for this
task.


t.-


Earn a Bachelor of Science Degree
in

Hotel or Tourism Management


University of the West Indies,
Centre for Hotel and Tourism Management (CHTM)
Telephone: (242) 323-5714 or (242) 356-0659


SPECIFICATIONS/PRE-REQUISTE

Top-quality education, at an affordable price (low tuition)
Has an Associate degree with a grade point average of 2.5
Can attend evening classes twice weekly
Part-time students complete a Bachelors degree in a
minimum of three years


: Information meeting on ,
*,Thursday, 31st January, 2008
at 6:00 p.m. at the Tourism ,
raining Centre,UWI Dining\~s
room, Thompson Boulevard:


Full credit will be granted for both Associate in Arts
and.Associate in Science degrees.
One may enroll on either a full-time or a part-time basis

9 U


BSTAae


RE


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SPECIALIST (CIPS) COURSE





































Registration forms lay be collected from the office of tile
Bahamas Real Estate Association, Dowdeswell Street.

For further details telephllone: 356-4578 or 325-4942.

Noe-Core aeoent 311Anliiea ny


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We are currently seeking qualified Managers to join our Audit practice.
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Successful candidates for the Manager position must have at least six years professional public accounting
experience, two of which should be at a supervisory level. Experience as an Assistant manager would be a plus.
Applicants must hold a CPA, CA, or other professional designation recognized by the Bahamas Institute of
Chartered Accountants.
Excellent opportunities exist in our Nassau office to broaden your professional experience in a varied practice that
offers competitive compensation and benefits packages.
Applicants should submit a cover letter, resume, and a copy of their professional certification to: KPMG, Human Resources
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AUDIT a TAX a ADVISORY
2008. KPMG, a Bahamas partnership, and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a
awiss cooperative. All rights reserved.


MINISTRY OF WORKS & TRANSPORT




NOTICE


MILO BUTLER HIGHWAY
ROAD CONSTRUCTION ROAD CLOSURES


In an effort to improve the road network in New

Providence the existing Milo Butler Highway is be-

ing upgraded and extended to Carmichael Road.

The Construction of the new extension requires

road closures and diversions. The following traffic

management schemes are planned for

Saturday 26 January 2008.



* Temporary junction improvements at Fire Trail

Road and Faith Avenue

Closure of Bellot Road on the west side of Faith

Avenue

Closure of Hamster Road on the west side of

Faith Avenue



Delays are possible and you are asked to use an

alternative route to avoid this area. Sorry for any

inconvenience caused to the motoring public.


BUSINESS






THE TRIBUNE


S 1 THURSDAY, JANUARY 24, 2008


11 aims to regulate money


NNEN-
'eSS

S> ,ng, minis-
I i hIIitn't. Veslter-
lul nt I to tilhe
S*I o lthamas
,: si'/. of thel





w i


regulator's Board from three
to five directors, bring money
transfer businesses under its
supervision, and provide new
guidelines for applicants wish-
ing to become bank and trust
company licensees.
Introducing the amend-
ments, Mr Laing said that
increasing the size of thge Cen-


tral Bank's Board would deep-
en the expertise and experi-
ence available to the regula-
tor's executive management.
"The increase in the num-
ber of directors should also
assist the bank to more effec-
tively and efficiently address
various policy issues through
committees of the board, thus


LNTED


marketing g Manager

IdiilN wholesaler seeks to hire a creative, experienced and highly
i'[\ nired individual for the position cMarketing Manager. This
: .,on will report directly to the sales and marketing VP and will
;., responsible for expanding the organization's revenue base;
,. r.iin market research studies and analyzing their findings;
, hoping, implementing and evaluating marketing strategies; and
i ,li'g relationships with external business partners.

:, sred persons should possess:

',: last a Bachelor's degree in marketing or business management

'\cllcnt leadership and coaching skills

At least five years' experience in marketing diverse product lines

SGood track record supporting sales expansion

The ability to think strategically

Excellent communication and presentation skills

P'. otciencv in various computer applications


i, applicationn letter and resume along with references to:

Marketing Position
P O. Box N-1299, Nassau, Bahamas


enhancing the corporate gov-
ernance regime of the bank,"
the minister said.
He added that the amend-
ments would also clarify pro-
visions in the Act that .ecal
with the maximum fine that
may be imposed on licensees
for deficiencies in statutory
reserve requirements and liq-
uid asset ratios. It would also


give the courts and Central
Bank the discretion to deter-
mine the fine that may be
imposed.
Mr Laing explained that cur-
rently, fines are payable either
on summary conviction, or on
the administration order of the
Central Bank Governor, for
breach of statutory require-
ments. He said that since 1990,


Services Provided
Individual Therapy
(Child and Adult)
Family Therapy


the regulator has imposed a
fine of 1/10 of 1 per cent on
licensees for breaches that
were incurred on primary
reserves, and a daily fine of 1
per cent for deficiencies in liq-
uid assets ratios (the ratio of
liquid assets to deposit liabili-
ties) far less than the annual
discount rate.
Mr Laing added that the
Bill provides for fines up to a
maximum of twice the annual
discount rate, which is cur-
rently set at 5 1/4 per cent.
The minister stressed that
the Bill was not seeking to
increase the amount of the
fine, but rather to set in clear
terms its upper limits.
Additionally, Mr Laing said
proposed amendments to the
Banks and Trust Companies
regulations were being pro-
posed to facilitate the
Bahamas' compliance with the
standards issued by the Finan-
cial Action Task Force
(FATF) on supervising mon-
ey transfer and alternative
remittance systems. This
includes services such as wire
transfer companies
The minister said the
amendments seek to ratio-
nalise and simplify the regula-
tory framework for these insti-
tutions by placing them under
the supervision of the Central
Bank, rather than the Inspec-
SEE next page


Drug Abuse Therapy
Depression I Anxiety
Work Stress Therapy
Financial Consulting/Counselling


Werapist I Counsellor
Al East Ave. Ienterville
Hous (Beind CentervillFodStre
Email: 2 in* a aellsouth^net
P.G. Box N-9149
NasauBahma
(242 328620
(786 489542


ous: Monay Satuday9:0am*I :0p
U. a S S. flfS ggl I.


Grant Thornton S

"A Passion for the business ofAccounting"




Grant Thornton has opportunities for Associates and
a Manager in its assurance and advisory practice.
Student associates must be enrolled at the College of
The Bahama, or have graduated with a Bachelor's
degree in Accounting from a recognized University.
Student associates must be on a path towards taking
the Uniform Certified Public Accountant examinations
or other recognized accounting examinations.


The applicants for manager must have a minimum of
6 years experience in auditing with proven leadership
skills, excellent technical skills, and willing to work
in an exciting and rewarding industry.


Please send resumes to infol@gtbahamas.net or
Fax to 242-322-7517.


Grant Thornton is the Bahamas member of
Grant Thornton International, the world's fifth largest


international organization of independently


owned


and managed accounting and consulting firms.


Grant Thorn on offers a
including c assurance,
management consulting,
advisory, corporate se
consulting.


variety of service lines


accounting
liquidations,


'rvices


assistance,
financial


and regulatory


Legal Notice


INTERNATIONAL BUSINESS COMPANIES
ACT
(No.45 of 2000)

SUZANOPAR INVESTMENTS LTD.
In V\ ntary liquidation
Notice is hereby given that in accordance with Section 137 (4)
of the International Business Companies Act (No. 45 of 2000),
SUZANOPAR INVESTMENTS LTD. has been dissolved and
struck off the Register according to the Certificate of Dissolution
issued by the Registrar General on the 14th day of December, 2007.

LUIS PINEYRIUA PITTALUGA
Juncal 1305, 21st Floor,
Montevideo,
Republic Oriental del Uruguay
Liquidator


I I








THE TRIBUNE THURSDAY, JANUARY 24, 2008; PAGE 7B


transfer firms


tor of Financial and Corpo-
rate Service Providers or the
Securities Commissions.
"When this bill is passed,"
Mr Laing said, money trans-
mission providers will have to
be licensed and registered by
the Central Bank. The Bill will
also impose an annual pre-
scribed fee of $5,000 for mon-
ey transmission service
providers licensed by the Cen-
tral Bank.
Those business seeking to
provide money transmission
services must adhere to these
regulatory requirements:
Only companies incorpo-
rated under the Companies
Act 1992 will be allowed to


provide services
Companies of less than
five persons must organise
themselves into a company
with a minimum capital of
$50,000, as required for
providers licensed by the Cen-
tral Bank, and pay an annual
registration fee of $2500,
Money transfer businesses,
Mr Laing said, must maintain
the same level of transparency
and control as banking insti-
tutions, and comply with the
Financial Transaction Report-
ing Act.
Additional amendments will
require shareholders of appli-
cants seeking to become


licensees of the Central Bank
of to submit net worth state-
ments, which certify that their
net worth is at least five times
the value of share capital.
The Central Bank will
accept in lieu of two charac-
ter references, a letter of good
standing from the home regu-
lator of proposed licensees
that have parent companies in
Zone A countries- countries
which have full membership
in the OECD or any country
which has concluded lending
arrangements with the IMF
associated with the General
Agreement to borrow. This
would verify that proper due
diligence had been done.


Applicants must be 30 years
old or older, honest, flexible, reliable and
customer service oriented.
Experience is an asset.
Serious enquiries only.
Tel: 325 5488 Mon-Fri 9a.m. 4p.m.
Fax: 328-5498


"Terch M. Lord. 7nt HS "...P atlm 119:3

TEMPLE CHRISTIAN HIGH SCHOOL



Entrance


Examination
2008-2009

Temple Christian High School will hold its Entrance
Examination on SATURDAY, FEBRUARY 9th, 2008
at the school on Shirley Street from 8:00a.m.-12 noon
for students wishing to enter grades 7, 8, 9 and 10.

Application forms are available at High School
Office. The application fee is twenty dollats ($20.00).
Application forms should be completed and
returned to the school by Friday, February 8th, 2008

For further information please call.
394-4481 or 394-4484


HARBORSIDE RESORT AT ATLANTIS IS SEEKING FORA
HUMAN RESOURCES DIRECTOR
Harborside Resort at Atlantis is currently recruiting for a Human Resources Director to join
our team. This person will be responsible for developing, implementing and coordinating
Human Resources policies and programs for the following: Employment, Employee
Relations, Wages & Salary Administration, Benefits Administration, Safety, and Employee
Services.
We are seeking a dpnamic HR Leader with the follow skills:
Bachelor's Degree or equivalent in Human Resources.
A mlninmtm of 7-10 years of Human Resources Management work experience with broad knowledge or
employment and recruiting, compensation, and employee relations. Candidates must possess strong
management skills and principles.
Experience il a fart-paced organization and leading a HR work group. This position will oversee the
Human Resources team of a Recruiting Specialist, HR Generalist, and HR Assistant.
Must possess a high energylevel and be extremely comfortable performing multi-raceted projects in
conjunction with day-to-day activities. Must be a sell-starter with lots of initiative.
Strong Customer Service Orientation and keen interpersonal abilities to work well with diverse
pertonaintles a miull-culta l work environment; tactful, mature and flexdble.
Erceptional judgment and reasoning abillties. Heishe should be results and people oriented, and have
the ability to understand the cieat's basness and anticipate their HR needs.
Strong communication skills written and verbal. Must be able to prepare comprehensive reports.
presettions and represent Ideas clearly and concisely to all levels of associates.
Highly organized and possess considerable knowledge of mananement-labor relations, principles and
practices of Human Resonrces Administration. Collective Bargaining, local labor laws and
regulations as well as the ability to interpret personnel rules, laws and policies.

For immediate consideration please submit resumes online at: &L <.
www.starwoodvo.comn/careers
or e-mail a brief cover letter with your resume at: L' i 11 'i ',L
Recrultnent-Carlbbean~@starwoodvo.com L
'(Reference: HR position Bahamas)
Pre- employment drug screening and background required. ATLANTIS


NO W LEASING!!


Brooke House
('Ca 'e.t Viltage, NaS.%%uu, Bahamas


'Illll
*;.- -"7 "-


Broo *>ke itoufse is the perfect location for an (/7i.'. ,re5 bI.'ik.
law or a(-comltifg fl irm. Located on the western end of
Nassawu, .airamns, Brooke HLouse is a 14,000 scqutare foot
retreatl 'arofm lthc Se ,Ust d bustle of busy downtown; Nassau.
Brooki e Hofise IS: 7wl mites ai'ay fr-om 7The Sir Lvwdern
P/ihr// V/H/g (IHr- I//ruio dl irport. /ilfer/ ionai haIhnks, law m(nd
mnc'e., t," firs, hofeh, fife res/l-tirul2s, shops a2d mI0u.ch
more. ()pe is Ay 200S.


Te: 242 322.7270(


Shameka F'rna lder

F ax: 242.356.3969


[. i )' ei..tC QSt C~tSc-~ r-v 1 Cc-s. orn?


THE DEPARTMENT OF STATISTICS
AVERAGE QUARTERLY PRICES FOR SELECTED ITEMS;
NEW PROVIDENCE: SELECTED QUARTERS 2005 2007


HIGHLIGHTS
"'. :'The rate of electricity (including the surcharge) has constantly been increasing on the
W* .. :" Island of New Providence. During the third quarters of 2005 to 2007. the electriiti\
rate increased 23.6 percent.
. ," '


b v ''-
(L^
1i


For the past three years, the Department of Statistics has documented an increase in
the cost of diesel. Between 2005 and 2007. there has been an increase of 16. 1o:
however, a slight decrease of 0.3% was recorded between the 3'1 quarters of 2006
and 2007.


The cost for a pound of whole chicken has steadily been on the rise. Between 200)5 iind
2006, an increase of 1.1 percent was noted. A further increase of 5.5 percent \\;as
recorded between 2006 and 2007.


ACCA (the Association of Chartered Certified
Accountants)

presents an informative seminar

PLANNING

A CAREER IN

FINANCIAL SERVICES
*How to pursue the ACCA Professional
Scheme Qualification
and the
Certified Accounting Technician Programme

Wednesday, January 30, 2008
5:30 pm 7:00 pm
at the
The Bahamas Chamber of Commerce
Collins Avenue and Shirley Street
Bahamas
Admission is free
Please note space is limited.
To register: 380-4722 or 328-8734
Contact: Terrence Bethel
Professional Certifications Bahamas
Located upstairs, Wong Plaza
Madiera Street, Palmdale


ITEM UNIT 2005 2006 2007
3rd 3rd 3rd
Quarterter quarter Quarter
Plantains Each 0.71 0.79 0.80
Avocadoes Each 1.92 230 2.17

Carrots 2 lb 2.25 2.60 2.37
Irish Potatoes Sb 2.93 3.26 2.95
Whole Chicken lb 1.81 1.83 1.93

Turkey Wings & 1 lb 1.10 1.08 1.16
Drumsticks
Dried Milk 6oz 2.11 239 2.42
Diesel 1 Gal 3.05 3.55 3.54
Electricity Rates 1 173.47 207.07 214.32
(Private Residence) 800 units
including
surcharge


mom


THURSDAY, JANUARY 24, 2008, PAGE 7B


THE TRIBUNE


~J~r

~




~j






THE TRIBUNE


PAGE 8B. THURSDAY, JANUARY 24, 2008


I I1


DELTEC BANK & TRUST LIMITED


Invites applications for the position of



CLIENT SERVICES MANAGER

Responsibilities will include (but are not limited to):

Maintaining regular contact with clients on their account
servicing/administration matters
Initiating and monitoring the execution of client instructions
Overseeing and reviewing client cash, currency hedging
and credit positions
General administration of client accounts, liaising with
other departments, managers and group offices
Reviewing and completing investment fund subscription
documentation and handling redemptions
Supervision of two staff members

The successful candidate should have:

Degree in Business Administration or Finance
Excellent relationship and communication skills
Strong interpersonal and motivational qualities
Minimum five (5) years experience in the offshore private
banking sector, preferably in a client relationship position

We offer an excellent benefit package and salary will be
commensurate with experience and qualifications.

Interested persons may submit resumes to the

Human Resources Manager either by email to
anh@deltecbank.com or by fax to 362-4623.
ABSOLUTELY NO TELEPHONE CALLS!

All applications will be held in the strictest confidence and
only candidates under consideration will be contacted.
4%_ _->L #.* -aaaHBa-----


EMPLOYMENT OPPORTUNITY


Professional Insurance Consultants

has a vacancy for a



Receptionist/Data Entry Clerk





Applicants should:

w Have excellent people skills and telephone technique

' Be cheerful, enthusiastic, punctual and presentable

w Be computer-literate

w Have the riqht attitude towards the public and all others






Please apply by e-mail only to info@picinsure.com.

No phone calls or faxes will be entertained.


FROM pagelB


told a Chamber luncheon on
the issue that this would fur-
ther fuel inflationary pressures
if the measure came to pass.
Mr D'Aguilar said he had
received an e-mail from a
major Bahamas-based food
retail chain, warning that if the
export sales tax exemption was
repealed, "we have estimated
this change will cost my com-
pany $3 million" per year.
As a result, the Bahamas-
based retailer said it would
have to move the $25 million
worth of goods that it pur-
chased from Miami through
switching purchasing to anoth-
er state.
Mr D'Aguilar added that if
the 6 per cent export sales tax
exemption, which benefits all
goods imported by the
Bahamas to Florida, was
repealed, all major whole-
salers, retailers and food store
chains would experience an
increase in purchasing costs
that they would have to pass
on to consumers.
As examples, the Chamber
president said the likes of
wholesalers Asa H Pritchard,
Lightbourne Trading and Milo
B Butler & Sons; retailers Kel-
ly's Home Centre and John S
George, and food stores such
as City Markets, Super Value
and Solomon's, "will all see the
first cost of the goods they
import from Florida increase
by 6 per cent".
Given that Customs levied
an average import duty of 35
per cent on the cost (CIF) of
all imports, plus another 7 per
cent stamp duty, Mr D'Aguilar
said the Government's tax take
would also increase as a result
of the sales tax exemption's
repeal.
This, in turn, would further


increase the cost of goods for
the end consumer, and the
Chamber president warned
that if this scenario came to
pass, Bahamians will "soon see
the cost of all goods imported
from Florida increase by 9 per
cent".
Mr D'Aguilar's analysis was
supported by Adam Hasner,
the Republican deputy major-
ity leader in the Florida House
of Representatives,.
He told the Chamber lun-
cheon: "Repealing the sales tax
exemption would have an
extremely impactful result on
the Bahamas. It would have an
inflationary effect, and increase
the cost of goods and services
between 6-7 per cent.
"With additional taxes, it
may be 10 per cent. Some busi-
nesses here would clearly start
buying their goods from states
other than Florida."
Mr Hasner said the state of
Florida had a $2 billion deficit
in its $71 billion annual Budget
that it was constitutionally
mandated to fill, and Democ-
ratic legislators had targeted
the sales tax exemptions as one
way to raise revenues to nar-
row this hole.
He added that Florida cur-
rently provided for $12-$13 bil-
lion in sales tax exemptions per
annum, some of which went
on food, medicines, and resi-
dential rent. Some $4 billion
in tax exemptions currently go
on goods exported from Flori-
da to the Bahamas and other
Caribbean states.
Mr Hasner said most, if not
all, Republican members of the
state legislature would vote
against any move by the
Democrats to raise taxes, argu-
ing that this would hurt Florida
exporters and the jobs they
provided. In addition, it did
not make sense to raise taxes
during an economic downturn,
or roll back tax exemptions,


64fiirnde Reuffler



NASSAU REPAIR SHOP LTD.
WE OFFER 1 YEAR GUARANTEE ON ALL EXHAUST
SYSTEMS
SPECIALIZING IN:

* EUROPEAN, AMERICAN & JAPANESE CARS &
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* EXHAUST SYSTEMS (CUSTOM WORK AVAILABLE)
* RADIATORS
* BODY REPAIRING & PAINTING


FEATURING

XRAD
BAHAMAS OLDEST
RADIATOR
DEPARTMENT
OVER 30 YEARS OLD


LOCATED
MACKEY ST. AND
CHESAPEAKE ROAD
393-3710/393-3716
FAX: 394-8198

P.O. BOX N-1287
NASSAU, BAHAMAS


THE GREAT BAHAMIAN OIL CHANGE
A IL


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No Appointment Necessary
Open Monday Saturday


011 Change Includes:
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From Oil Filter

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Up to 5Qts. of Oil


ON MOST CARS & TRUCKS

SERVICE CHECK


Fan Belts
Air Filter
Crank Case Breather
C.V. Joint Axle Boots
Differential Oil Level
Transmission Fluid Level


Transfer case Fluid
Level
Brake Fluid Level
Power Steering
Fluid Level
Battery Condition
(External)
Windshield Washer


Level


Mr Hasner added.
Yet the Tax and Budget
Reform Commission had the
ability to go directly to the
Florida electorate in the
November 2008 ballot, he
added. If at least 60 per cent
voted in favour of the amend-
ment to review the export sales
tax exemption, then the state
legislature would be obligated
to consider it and vote on
whether to retain it in March
2009.
While the Republican
majority would probably block
any repeal of the export sales
tax exemption, elections for
the state legislature are also
being held this November, and
it is possible the balance of
power could change in favour
of the Democrats.
Mr Hasner said goods pur-
chased by Bahamian firms in
other states, but shipped
through Florida, were also like-
ly to be subject to the sales tax.
According to the Depart-
ment of Statistics, in 2005, the
last year for which complete
trade data is available, the
Bahamas imported some
$2.155 billion worth of goods
from the US, some 84 per cent
of its total $2.567 billion import
bill.
The total amount of goods
imported directly from Florida
was not detailed, but even if it
was as low as $1 billion, a 6 per
cent sales tax imposed on that
figure would raise the cost of
goods imported into the
Bahamas by some $60 million
per annum a major increase
that is likely to be a severe
underestimate.
Dividing that figure by
300,000, the estimated size of
the Bahamian population, and
this nation's import bill will
rise by $200 per person every
man, woman and child if
Florida does away with the
sales tax exemption.


IU-


BUSINESS


------






THURSDAY, JANUARY 24, 2008, PAGE 9B


THE TRIBUNE


Weakening economy



should prompt at-



urisk workers to



update resumes


* By EILEEN ALT POWELL
AP Business Writer
NEW YORK (AP) If
you're worried about losing
your job as the United States
economy weakens, it's time to
update your resume in case you
need to hunt for new employ-
ment.
Your goal should be making
your resume stand out from the
hundreds of other resumes that
employers receive.
It used to be that a resume -
which is a brief, written sum-
mary of an individual's educa-
tion, work and accomplish-
ments started with a "state-
ment, of purpose," something
akin to "I'm seeking a chal-
lenging position that offers pro-
fessional growth." But that
doesn't make the jobseeker dis-
tinctive from the competition.
"You really need to highlight
your last five years of experi-
ence and concrete accomplish-
ments," said John A Chal-
lenger, chief executive officer
of the Challenger, Gray &
Christmas Inc. outplacement
firm in Chicago. "That's what
makes you stand out."
Challenger said, for example,
that "saying you are a market-
ing executive with experience
in brand management" doesn't
make you stand out because
most market executives have
those skills. But "saying that
you are a marketing executive
who developed the concept and
designed the materials for an
advertising campaign for a new
brand" reveals much more, he
said.
Job applicants also have to
realize that they're applying to
work for'very busy people, so
they have to keep the e'eyltemrps


in their resumes brief and to
the point, he added.
It should go without saying
that all resumes have some
things in common:
They're attractive to look
at, whether mailed or e-mailed
The content has been
checked for typos and gram-
matical errors
The contact information is
correct
Kate Wendleton, president
of the Five O'Clock Club, a
career coaching and outplace-
ment firm in New York, said
jobseekers also should prepare
a cover letter for their resumes.
In brief, it should say "you've
been following the company's
activities, that you have a num-
ber of years of experience in
the relevant field, that your
most important accomplish-
ments are X and Y, and that
you'd appreciate 20 minutes of
the would-be employer's time
to discuss the job.
Workers especially those
who are changing fields need
to make sure their resumes use
the right vocabulary in describ-
ing their skills, said Wendleton,
author of "Packaging Yourself:
The Targeted Resume."
"We had a person with bank-
ing experience, an executive
who specialized in check pro-
cessing, who came in to work
with us," she said. "Now he
wanted to work in hospitals,
but they don't do check pro-
cessing. So he had to get the
word 'check' off his resume and
emphasize transaction process-
ing, which hospitals do."
Those who have done a lot
of job hopping which could
make,. plorker look unreliable
-can make it less obvious in


the way they organize their
resumes, she said.
Say someone has worked at
three companies in the past sev-
en years. Wendleton recom-
mends that instead of listing
each job separately, the job-
seeker should create a single
category like "research man-
agement, 2000 to present" and
incorporate the three compa-
nies below that with emphasis
on accomplishments over the
stated period of time.
"Remember, visual appear-
ance.is very important," she
said.
Both Challenger and
Wendleton emphasized that
finding the right person to send
the resume to is very impor-
tant. The best choice is not the
head of the human resources
department but the person who
eventually could be your direct
supervisor.
"Resumes have become so
easy to send out with the click
of a button that companies' HR
departments are inundated,"
Challenger said. "Go that
route, and your resume is on a
pile with hundreds of others."
Instead, he suggested, "fig-
ure out the person you'd work
for directly and send it to him
or her."
And don't hesitate to follow
up but not with a "thank
you" note, which Wendleton
considers to be a waste of time.
"Do a real proposal, with an
argument about why they
should want to hire a person
like you." she said. "Influence
them."
And salary requests? Money
doesn't come up until you get
your foot in the door for a per-
son-to-person interview, both
said.


GN631


4 MINISTRY OF TOURISM & AVIATION
DEPARTMENT OF CIVIL AVIATION


PUBLICATION BY THE MINISTRY OF TOURISM & AVIATION
DEPARTMENT OF CIVIL AVIATION
PARTICULARS OF AN APPLICATION TO OPERATE SCHEDULED
AIR SERVICES

In accordances with the provisions of Regulation 9 of the Civil Aviation
(Licensing of Air Services) Regulations 1976, the Minister responsible for
Aviation hereby publishes the following particulars of the under-mentioned
applicant to operate scheduled air services to and from The Bahamas.

PARTICULARS OF APPLICATION


Application: WESTERN AIR
Date of first publication: 17th January, 2008
Routes: BETWEEN NASSAU ON THE ONE HAND AND
FREEPORT, BIMINIAND EXUMA ON THE OTHER.
Purpose of services: Passenger, mail and freight
Provisional time table:


Local Times
DAILY


FRI/SUN
FRI/SUN
FRI/SUN
FRI/SUN
FRI/SUN


FREEPORT/SAN ANDROS
SAN ANDROS/FREEPORT
FREEPORT/NORTH ELEUTHERA
NORTH ELEUTHERA/GOVERNORS HARBOUR
GOVERNORS HARBOURS/FREEPORT


0915/0945
1000/1030
1100/1135
1150/1200
1215/1255


6. Frequency of flights: See above time-table
7. Type of Aircraft: BEACH 1900C, METRO 111 and SAAB 340

Any representation regarding or objection thereto in accordance with Regulation
10 must be received by the Permanent Secretary, Ministry of Tourism & Aviation
& the Department of Civil Aviation within fourteen (14) days after the date of the
first publication of this Notice.


ARCHIE NAIRN
PERMANENT SECRETARY











HUMAN RESOURCES COORDINATOR

Atlantic Medical a subsidiary of Colonial Group International of
Companies (CGI) with headquarters in Bermuda, is seeking an HR
Coordinator who will be responsible for coordinating and implementing
all human resources activities for our subsidiary companies in the
Bahamas.

CGIL, with offices in Bermuda, the Cayman Islands, the British Virgin
Islands as well as the Bahamas, offers a complete range of premier
financial and insurance services and, over the past few years, has
undertaken significant growth. This is an opportunity to be part of a
rapidly growing innovative company, focusing on providing clients with
first class service and access to competitive products.

Based in Nassau and reporting to the Executive Vice President for AMI
and the HR Manager for CGI in Bermuda, duties will include, but not
be limited to, providing support, advice and guidance to support senior
management in the Bahamas in their responsibilities for effective people
management and will include technical and administrative duties in
relation to recruitment, compensation, benefits, training, employee
relations and administration.

Minimum requirements for this position are:

CIPD/PHR/SPHR certification or relevant Bachelors degree
Minimum 3 years relevant experience in at least one of the
functional areas of HR
Superior communication (verbal, written and presentation) and
organization skills
Strong interpersonal skills and service-oriented approach
Ability to work independently and multi-task
Proficiency in MS Office products to intermediate level
The ability to work extended hours which might include some
weekend work
Some travel may be required

Compensation for the successful candidate will be attractive, linked to
performance and relevant to experience and qualifications. AMI offers
an attractive benefits package that includes comprehensive medical
insurance, contributory pension plan and life insurance.

If you have a keen commitment to quality results and want to contribute
your talents to a dynamic company, contact us about this opportunity.
Applications will be treated in the strictest confidence and should be
submitted by e-mail to:

HYPERLINK "mailto:hr_manager_bm@colonial.bm"
I hr_manager_bm@colonial.bm


m m U


ANESI


THE DEPARTMENT OF STATISTICS
AVERAGE QUARTERLY PRICES FOR SELECTED ITEMS;
NEW PROVIDENCE: SELECTED QUARTERS 2005 2007


ITEM UNIT 2005 2006 2007
4th 4th 4th
arter Q Quarter Quarter
Pineapples < Each 4.16 4.51 4.27
Bananas 1 b 0.98 1.12 0.99

Tomato 1 Ib 1.97 2.15 2.12
Lettuce Each 2.13 2.49 2.41
Cucumber 1 lb 1.56 1.76 2.15

Butter 1/2 lb 0.96 0.98 1.09
Canned Milk 14 oz 0.75 0.79 0.88
Men's Footwear Pair 53.13 52.47 55.15

Physician Service 1 Visit 85.33 85.88 98.06




HIGHLIGHTS
The cost of a pound of bananas has been on a 'roller coaster ride'. For the bfurth
-, quarters of 2005 to 2006, the price of bananas increased, 14.3%. For the period
-. 2006 to 2007, a decrease of 11.6% was noted.
9-

x The cucumber is a creeping vine that roots in the ground and grows up trellises.
History records the cucumber as having been cultivated for at least 3.000 years in
Western Asia before coming to North America in the mid-16"' century. Known as
vegetable to many, the fruit is basically cylindrical in shape. In New Providence
., during the fourth quarters of 2005 to 2006, an increase of 12.8 percent was
registered. A further increase of 22.2 percent was recorded lor the quarters of
2006 to 2007.



MThe cost of physician services (first visit) has been almost constant between 2005 and
2006 with a minute increase of 0.6%. However, during the fourth quarters of 2006 to
2007. there was a notable increase of 14.2%.


HAPPY NBEYEAR FROM THE DEPARTMENT OF STATISTICS


Closing Date for applications is February 5th, 2008


I


BUSIII




THE TRIBUNE


PAGE 10B, THURSDAY, JANUARY 24, 2008


SUPER
VALUE
NOW ACCEPTING
iT SUNCARD
UANTITY RIGHTS AND PRICES RESERVED
WANVTITY RIGHTS AND PRICES RESERVED


IUPI
UpI

HA


IT


LL


MUELLER'S
READY CUT

MACARONI
16 oz.


8
Murllers
..n.
~5~I


< HELLMANN'S
REGULAR/LITE
MAYONNAISE
30 oz.


tfrl:


IlI


MAHATM,
LONG GRAIN/PARBOb
RICE
5 lb
$ )99


N


I- I 4t I "1I


HUNT'S
BBQ
SAUCES
21.6 oz.


/


*I


LIBBY'S
VIENNA
SAUSAGES
5 oz.


0


( WESSON
VEGETABLE/CORN
Oil
48 oz.


( KRAFT
SALAD
DRESSING
8 OZ.


Ma
l^l 1


ROYAL DANSK
BUTTER
COOKIES
64 oz.
$0A 59


Ill


j


i/r


LAY'S


LAY'S
Variety Pack
CHIPS


NESTLE
WATER


32 pk/16 oz.

$ .99


S1I


24 ct.


B-


A4


C FABULOUS
All Purpose
CLEANERS


$


22 oz.
4 99


JOY
DISH
LIQUID
12.6 oz.


NIAGARA
SPRAY
STARCH


22 oz.
41 99


HUGGIES
SUPREME/BABY
SHAPE/PULL-UPS
DIAPERS


$1


LEA
BA


sul
CI

J


/INDIAN SUMMER
APPLE
JUICE
64 oz.


I


S 11


$


99


C


H L


BIS


I


r


vw r


zll


Slk l o a
=r~ i I =





















OR MEAT


1 1 1

IDERS Asst'd. Flavor, 6 ct. GREEN GIANT, 12 EarS
GELS........................$3.19 CORN-ON-COB........................$4.79


RDEN'S SANDWICH MATE
CED, 8 oz.
IEESE.........................$1.19

NY DELIGHT, 64 oz.
RUS PUNCH.........$3.39


SCAR MAYER
UMBO/BEEF/
UN LENGTH
'RANKS
1 lb.


BAR-S
SLICED, COOKED

HAM
12 oz.

$A 49


FRESH BAKED

OUND CAKES


OSCAR MAYER
COTTO

SALAMI
12 oz.

$219


WHOLE ROTISSERIE

CHICKENS


99


*


THURSDAY, JANUARY 24, 2008, PAGE 11B


US leaders assess



costs of economic



rescue package


* By ANDREW TAYLOR
Associated Press Writer
WASHINGTON (AP) -
Top House leaders and Trea-
sury Secretary Henry Paulson
yesterday tallied the cost of
measures to jolt the economy
out of its slump as the three
sought a swift bipartisan deal
on a recovery package that
could move through Congress
within weeks.
House Speaker Nancy
Pelosi, D-Calif., and Minority
Leader John Boehner, R-
Ohio, are taking the lead in
Capitol Hill negotiations, with
the centerpiece of the measure
expected to be a tax rebate
similar to, but bigger than, the
$300-$600 checks sent out in
the summer of 2001. The two
huddled for a lengthy working
breakfast at the Capitol with
Paulson, Bush's point man on
the package, and planned
another gathering this after-
noon.
"We looked at a lot of dif-
ferent options," Boehner told
reporters, adding that the
threesome reached "no con-
clusions or agreements." He
said it would "require a great
leap of faith" from both parties
to find common ground.
Senior lawmakers in both
parties met on Tuesday with
President Bush, who has pro-
posed a stimulus plan worth
about $150 billion.
Combined with Iraq war
costs and decreasing corporate
tax revenues because of the
economic slump, a package
that size would more than dou-
ble last year's.deficit spending
of $163 billion, according to
new congressional budget esti-
mates.
Bush expressed optimism


that his administration can
reach quick agreement with
Congress.
"I believe we can find com-
mon ground to get something
done that's big enough, effec-
tive enough so that an econo-
my that is inherently strong
gets a boost to make sure
that this uncertainty doesn't
translate into more economic
woes for our workers and small
business people," Bush said
Tuesday in the Cabinet Room.
Pelosi, Boehner and Paulson
' are working on hammering out
details. Senate leaders Harry
Reid, D-Nev., and Mitch
McConnell, R-Ky., have
agreed to stand back and let
the House take the lead in the
talks with the administration.
In the Senate, Reid said in
an interview, "There are too
many cooks in the kitchen.
Send something over to us and
we'll try to move it as quickly
as we can."
Perhaps the most important
obstacle to overcome is differ-
ences of opinion over who
should receive rebate checks.
Democrats want to deliver
help to low-income workers
who may not pay income taxes
because they make too little
or benefit from tax credits such
as the child tax credit.
Thus far, talks have focused
on setting the parameters of a
bill combining rebates with
GOP-sought tax breaks for
businesses, as well as Democ-
ratic-backed help for the
unemployed and those on food
stamps.
Talks continued as the non-
partisan Congressional Budget
Office, citing the weakening
economy, estimated that the
budget deficit for the current
year will jump to about $250


billion. That figure does not
reflect at least $100 billion in
likely additional red ink from
the deficit-financed economic
stimulus measure.
Senate Budget Committee
Chairman Kent Conrad, D-
N.D., said the 2008 deficit
would reach more than $350
billion once the costs of the
upcoming stimulus bill are fac-
tored in.
Both sides have seemed to
negotiate in good faith. Repub-
licans and Bush declined to
insist on extending Bush's 2001
and 2003 tax cuts that expire in
three years, while Democrats
offered up tax breaks for busi-
ness and limited their roster of
spending proposals.
Democrats also agreed to
waive budget rules requiring
tax increases to finance the
measure.
Noting the hura of biparti-
sanship surrounding the talks,
Rep. Eric Cantor, R-Va., said
Democrats "are seeing the
same polls as we are."
On a visit to Cairo Wednes-
day, Energy Secretary Samuel
Bodman told reporters that
high oil prices are starting to
adversely affect the United
States economy.
"The economy has been able
to withstand it until now."
Bodman said. "I believe the
100 dollar price of oil is starting
to have an impact," he said.
Bodman has been touring
the Middle East to talk about
energy, security and other
issues.
Oil has retreated from a
record high of above $100 bar-
rel earlier this month and is
now trading at around $88 a
barrel on concerns that a slow-
ing US economy would reduce
energy demand.


I. *


I* ?.


a .p


SALE STARTS
MONDAY JANUARY 21ST, 2008 SATURDAY JANUARY


26TH. 2008


LOCATED: HARBOUR BAY SHOPPING CENTER
PH: 393-4440 OR 393-4448


GREEN GIANT FROZEN, Asst'd. 16 oz.
VEGETABLES..........................$2. 19

HEALTHY CHOICE Asst'd. Flavor, 10 oz
STEAMERS................................ 19


BED BATH & HOME


z#?me JSale


14




BLINDS
SLOW COOKERS
COFFEE MAKERS
BED SKIRTS
BED SPREADS
TABLE CLOTHS
WINDOW CURTAINS
KITCHEN CURTAINS
PRESSURE COOKERS
SINGLE POTS & FRY PANS
ANCHOR HOCKING GLASS.WARE SETS
TOUCH OF VELVET SHEET SETS
BETTER HOME SHOWER CURTAINS SETS


SWE


WAE ME O S


I *>.


THE TRIBUNE


i






THE TRIBUlNE


S". THURSDAY. JANUARY 24, 2008


,r,


,, NNEN-BETHEL
.: mess Reporter

N, \\ ,, C yesterday
'orttai2 b hrokers to
', I 40, siblc inter-e'sl rates
i, *. puIrchase costs
!J iinc inome Bahami-
., : i :i i o lthe Stamp
,1riL' home buyers on
,; a appraisal value of
:: i';''i- L B business .
.:i... : i: -si-J n t of XM
,', 2 t',tage brokerage firm
: l!rnlLt approvals and
,' pi. liciatioin to se\'er-
i 'ion e'xpiined that
'l1 in'l "kll i.tI as his were
e:' e. the purchaser.


"This service empowers you in a way
that going to a single lending institution
simply cannot, because you get multi-
ple offers and you can compare interest
rates," Mr Sampson said.
"This gives you tlie ability to select
the best terms for you. Finding the
best interest rate can save you over
the course of the life of your mortgage
lens of thousands of dollars. Believe
me, when you are borrowing a
$150,000 for a new home, there is a
big difference between 7.5 per cent
and 8.5 per cent."
He added that having multiple
approvals also gives flexibility to nego-
tiate if there was a particular institution
a home buyer would like to deal with.
"1 think that people have miscon-
ceptions about mortgages. They feel
that they have to have a relationship


with a particular bank, or they have to
be married to get a loan, and that is not
the case," Mr Sampson said.
Company

He added that his company helped
eliminate some of the stress or fears
about the mortgage application
process, because it completes the appli-
cation and forwards it to the lending
institutions for approval.
XM Loans website allows clients to
get an approval in real time less than
five minutes as it is on line 24 hours a
day, seven days a week.
"We are probably the only one (
mortgage brokers) which has this state
of the art technology," Mr Sampson
said.
If an approval cannot be given in


real time, Mr Sampson said an employ-
ee would examine the application and
get back to the client within days to
discuss the best possible way to obtain
financing.
"We are also about assisting and
educating people on the home buying
process," he added.
Mr Sampson said there was no big-
ger dream than that of home owner-
ship, which is why he has echoed the
call of those persons calling for the
Government to reconsider the elimi-
nation of the stamp tax exemption for
first-time buyers with homes valued
under $250,000.
"At the least, I think that they should
phase it out, say in six months or 12
months it will end, to at least give peo-
ple some leeway and a chance to buy
and still qualify," Mr Sampson said.


"I think that everyone in the con-
struction industry will complain real-
tors, attorneys, contractors, steel work-
ers. It will have a negative impact on,
.the already fledging economy."
He agreed that the difference in rev-
enue would be made up in furnishing
and outfitting the home, which would
justify the financial loss to the govern-
ment.
Mr Sampson also pointed out that if
a person qualified for a certain amount
and then had to also find the stamp
tax, which is often thousands-ofdollars,
it could delay the process as e tries to'
secure that additional money.
"That could mean that the,opp; tti-
nity to purchase a particular property.
could be lost or even that theo fail to"
qualify for funding at that amount,"
Mr Sampson said.


FROM page 1B


relating to a planning applica-
tion actually meant.
One business recalled an
episode where it received its
approval in principle from the
Department of Public Works,
with "no unreasonable or
unusual demands" placed on
the company.
Although the company's
name was not mentioned, it is
likely to be the controversial
planning application by
Wendy's to build a new restau-
rant at Cable Beach, on the
corner of Atlantic Drive and
West Bay Street.
The Chamber report noted
that the planning application
for a "commercial develop-
ment" complied with zoning
and covenant restrictions, and
"considerable financial
resources were committed to
move the project forward",
including purchasing the land.
Yet public protests and an
appeal against the project to
the Town Planning Commit-
tee saw the body reverse its
original decision, and the


approval was reversed.
This, the Chamber report
said, had "substantial, imme-
diate and direct financial impli-
cations", with the process
"grossly unfair, unconscionably
long" and placing the company
involved at a major cost disad-
vantage.
As a solution, the Chamber
said the Town Planning Act
and Town Planning Commit-
tee processes needed to be
overhauled. It suggested that
Town Meetings be held before
approvals in principle were
granted to minimise the "finan-
cial burden and risk" faced by
Bahamian companies.
"The incident discussed is
not the first instance of reversal
of the Town Planning Com-
mittee approvals of legitimate
commercial development on
commercially zoned properties
only after public -outcry," the
report said.
"There appears to be no
legal basis for the decision.
Regrettably, the appeals
process through the courts is
very expensive and time con-



'ii






11


suming. It puts the b bsiiftls at
a considerable financial dict--
vantage."
The Chamber report added
that Department of'Ptablic
-Works staff needed to be more
responsive to inquiries, despite
being faced witha huge:& ol-
ume of work an public
inquiries.
It added that in the.planting_
tase described, the depaii:atn
"was described as 'coir letely
unresponsive'. For weeks it did
not reply to repeated requests
for updates on what, the
department proposed to do
and when. As with many other
cases, million dollar projects
were kept in abeyance".
The Chamber report also
recommended that the
approval process be stopped
once a planning applieatio is
challenged, with t .kapplyiag
business "not penalised if the
time to provide responses or
implement solutions to address'
departmental or codabuity
concerns causee the ioject :to
be extended beyond the :nd
date for approval in priipcfle".'


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Itiirllnntion about local news, sports, entertainment and world news subjects:'that :tare

illiportlint to 1me. The Tribune is my newspaper."


. 10 4


The Tribune
,4",,-, .-' .." ,,
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'64- /


JASON RAHMVING
CONSTRUCTION FOREM'.. -
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Lot No. 130, St. Andrews Beach Estates
All that lot of land having an area of 8,100 sq ft, being
lot no 130, of the subdivision known and designated
as st. andrews beach estates, the said subdivision
situated in the eastern district of New Providence,
Bahamas. located on the subject property is a structure
comprising of anapproximately 12yr old duplex.
Appraisal: $245,237.00
Traveling east on yamacraw hill road take the third corner
right, with sign for st andrews beach estates, then take
first left, then first right, the subject property is the 2nd
property onthe left side painted beige trimmed orange.


-- Lot No. 3 Yamacraw
Beach Estates
All that lot of land having an area of 10,000 sq ft, being lot
no. 3 in Yamacraw Beach Estates, in the said subdivision
situated in the eastern district of New Providence Bahamas.
Located on the subject property is a single-storey triplex
w."'.P building comprising of 3 units with two 2-bedrooms, 1-
Sbathroom, living, dining, kitchen apartments unit and one
ir unit being used as a barber and beauty salon, the land is
on a grade and level; however the site appears to be
,a- sufficiently elevated to disallow the possibility of flooding
during annual heavy rainy periods of the year.
Appraisal: $313,016.00
Traveling south on Fox Hill Road, go pass Yamacraw
Ihe subject" property is located on the left hand side of Fox Hill road painted


Eleuthera Island Shores Subdivision LOT NO. 1,
..BLOCK NO. 45,
-.. -'-"' .SHORES
All that piece parcel or lot of land having an area of
k 9,644 sq. ft. being lot #1 in block 45, Section "E" in
the subdivision called and known as Eleuthera Island
Shores Subdivision, situated in the vicinity of Hatchet
.;. Bay Harbour, on the island of Eleuthera, one of the
", islands of the Commonwealth of The Bahams. This
site encompasses a two storey building which is
'.. ,, approximately 14 yrs old and is abandoned. There is
a wooden landing approximately 7'-4" wide by 20'-
SS '"". "0" on the upper level, approximately 1,610 sq. ft. of
enclosed living space, with 3-bedrooms, 2-bathrooms,
front room, dining room, den, kitchen, and utility room. The wooden porch on the upper level is approximately 148sq.
ft. There is also a water cistern under tie dining room floor area. All utilities and services available.
Appraisal: $151,007.00
This property is situated in Eleuthera Island Shores.


LOT NO. 1 WESTERN SHORES
All that lot of land having an area of 7,389 sq. ft., being
lot #1 of the Subdivision known as Western Shores Phase
II, the said Subdivision situated in the Western District of
New Providence, Bahamas. Located on the subject property
is a single structure comprising of a single family residence
consisting of approximately 2.430 sq. ft. of enclosed living
I space. The residence comprises of 3-bedroom with closets,
S21/2 bathrooms, living/dining rooms, study, kitchen, utility
room, porch and enclosed garage with electronic door. The
land appears to be sufficiently elevated to disallow the
possibility of flooding during annual heavy rainy periods
of the year. The grounds are fairly well kept with
Improvements including driveway, walkway and swimming
pool. The yard is enclosed with walls.
Appraisal: $753,570.00
Traveling west on West Bay Street. Go pass Orange Hill and Indigo Subdivisions, the house is located on the left near
Tusculum Subdivision and painted all white.

(Lot No. 62, Lower Bogue) ELEUTHERA
S. .. All that piece parcel or lot of land and improvements, in
S.the settlement of Lower Bogue, North Eleuthera, being
"- No. 62, comprising of about 34,210 sq. ft., this site
H 1 encompasses a 12 year old single storney home comprising
of 4 bedrooms, 3 bathrooms, front room, dining, breakfast
room, kitchen and laundry room, with a total living area
of approximately 2,342.06. Property also includes a double
car garage, and front entrance with a total sq. ft. of
approximately 655.75. This home is approximately 85%
completed. The property is well landscaped with crab
.. grass, fiascos and some fruit trees.
i"'Ths s Appraisal: $235,638.00
-" This property is situated on the western side of Eleuthera
Highway in the settlement of Lower Bogue.


DUNDAS TOWN (ABACO)
3 two bed, 1 bath fourplex 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
S.- stretching from Forest Drive to Front Street, being just
.. F under a quarter acre in size and on the lowside. A concrete
block structure, with asphalt shingle roof and L-shape in
S ;- *ii., I ? design with a total length of 70x26 ft, plus 50 x 22 ft.,
S. 2,920 sq. ft., the interior walls are concrete blocks, ceiling
.'_-_- is sheet rock and the floors of vinyl tiles.
:_"" _"_- "Appraisal: $265,225.00

LOT NO. 12, BLOCK 3, MILLER'S HEIGHTS
All that lot of land having an area of 7,500 sq. ft., being lot
12, of the subdivision known and designated as Millar's
Heights, situated in the Southwestern district of New
S.. Providence, Bahamas. This property is comprised of a 25
..-.. ..., yr old single family residence consisting of approximately
S*a 2,375 sq. ft of enclosed living space with three 2-bedrooms,
1-bathroom, living/dining rooms, and kitchen apartment
.,,r.- complex. The land is on a grade and level and appear to
-- .." l" be sufficiently elevated to disallow the possibility of flooding
during annual heavy rainy periods. The grounds are fairly
kept, with improvements including parking area, walking
pathway and low shrubs. The yard is enclosed with chain linked fencing at the back and southern sides.
Appraisal: $239,500.00
Traveling west on Carmichael Road, enter West Avenue, on the South side immediately after Topps Laundromat. Take
first right which is Wimpole St., go around the curve on the left which is London Avenue, traveling south on London
Avenue the subject property is the 9th building on the right before the T. Junction (high street) the subject building is
an L shape triplex, painted green, trimmed white.


I --- LOT NO. #7, BOILING HOLE SUBDIVISION
SAll that piece parcel or lot of land and inprovemew-s ,-', 1
.j .- on the island of Eleuthera, North of Governor's H or'.
r comprising of Lot No. 7 in the Boiling Hole Subaivis, ,
|" 'c.m comprising of approximately 10,000 sq. ft., ihr si
encompasses a 17 years old duplex with each unit cons,[.
of 2-bedrooms; 1 bathroom, frontroom, diningroom and kI'
with a gross floor area of approximately 1,474.20 s;q
S "" ,. covered porch area of approximately 164.70 sq. ft. thin d :
ywas built in accordance with the plan and specificati
S-.. approved, and at a standard that was acceptable to the M
Of Public Works. This structure is in good condition. Each apartment could be rented at $800.00 rner month .
land is landscaped and planted with ficris trees, but needs some manicuring.
APPRAISAL: $153,521.00


I. -'-~ -- - _____


~-1-


I LOT NO. 1490 GOLDEN GATES SECTION .
I All that lot of land having an area of 6.0rjr 0
Being lot no. 1490 of the subdivision k : .ni
.designated as Golden Gates, the saiu subdl:
S .. .,I situated in the southwestern district
"- .' .'. Providence, bahamas. This property is comn '.'J
.... of a 25 yer old single family residence consr ,ci ,of
approximately 2,480 sq. ft. of enclosed livii u s, ,.
with three bedrooms, three bathrooms,i ivinr j i ,
rooms and kitchen. The land is on a grade a n I.
however the site appears to be suffrcientlv i v.:
to disallow the possibility of flooding during annual heavy rainy periods of the year. The grounds are fairly kept, ith i-mpro.-1n
including driveway, walkway and low shrubs. Yard is enclosed ori je side wth a 5 foot chain linked fencing and a lo-,. ,
block wall to the front.
Appraisal: $162,400.00
Traveling west on Carmichael Road turn Ilft then right onto the service road opposite Bahamas Faith Ministries Coirn,- i. ,-
first left again after passing clico and pre-school. Ilhe subject nuuse is the 6th house left painted green tl r ...mn ., c

Must Sell Lot No. 597
All that lot of land having an area of 3.200 sq ft. ben:rg
Meivern Road of the subdivision known as Yellow Elder G;..i
the said subdivision is situated in the southern distrc: .
Providence Bahamas. This property is comprised of. .
"w ** single family residence consisting of approximately i.51,
of enclosed living space, with 3-bedrooms including master ib ir
2-bathrooms, living/dining room, kitchen and ut;liit ro, '
S" o residence also consists of a front porch anwi t'. -
. The land is on a grade and level; however the site ap c r. i -
.. __ ",sufficiently elevated to disallow the possibility, of floo.'r -ru ; '
annual heavy rainy periods. The grounds are fairlIy "
improvements including drieway ano walkwav. The yard is enclosed with chain linked fencing.
Appraisal: $133,395.00
Traveling west alonq Melvern Road from the sport center road, follow the road to the left. the subject property is the p 5, p ;r-
left situated between Zris Court and Richie Court, painted White trimmed yellow.


HAMILTON'S, LONG ISLAND
All thai piece parcel or lot of land and impriem cint:i i, i..,
iI Ilh settlelment of Hamilton's in the Island i L[ml- I, ..i
:rid comprising of approximately 13.547 sq It. ;d ir .
appr ximatel\ 7-8 ft above sea level. This site ci;in m ,:p p .:
a1 1 .r strtu tture. A simple style hioni c .olln 'sll .'
bcd.omnis, one bathroom, kitchen, I ing and ririn .,
the home however is consisted of 2 separate conll,\itrltion):
613.60 sq. It of concrete construction and 624 sq. If olo '\ci C
construction ill all ameniies are to the property \ such .
i atir, cable and telephone.
Appraisal: $112,000.00.
lTh properly is accessed by the main Queen's lhii!', l\\



KENNEDY SUBDIVISION (NASSAU)
Lot no. 21 all utilities available 10 year old single ster.
house. 3 bedroom 2 bathroom, living room, dining an ,.
family room, kitchen, study, laundry and an entry r, i.-
Appraisal: $188,406.00
Headring west along Soldier Road take main entrar .
Kennedy Subdivision on the left, then take the lst ; :
on the left then 1st right, house is second on your :'
w:th garage.


LOT NO. 382 WINTON MEADOWS
All that piece parcel or lot of land having an area of 8.300 sq. .- T ;
lot No. 382 situated in the subdivision known as Winton Meacc. ,,
said subdivision situated in the Eastern District of the Island oc Nev.
Providence. Bahamas. This property is comprised of a 24 year old :.c rij
I family residence with an attached efficiency (formerly the carpo; .
S' consisting of approximately 2,675 sq. ft. of enclosed living area, front
'* i" Sp porch-198 sq. ft., back patio-380. The building is a two storey house
SBesides the efficiency apartment, the house is comprised of 3-bedrooms
3-bathrooms, inclusive of a master bedroom suite upstairs. Foyer tilnt
... ,.. .... lllr lltP Inook and kitchen downstairs. Climate control is provided e'i doi:;c-
-...... central aill conditioning, with air circulation enhanced by cehlng fans
and othei amenities. Quality of construction: Average. Stand?' t '
maintenance: Aveage. Effective age: se'. ei years ; I the d flat terin, however the site appears to be sufficient eatd
disallow the possibility of fload nn :o!der "crmIat el '.:'he .-ondition. including annual heavy rainy periods. The grounds are '. e .- :
with improvements including neaith, niirnta' Ii'-,'.,n: ''.'r.i: ilcv'eiing trees, and a concrete garden/storage shed, which is lucate1 i
backyard. The yard is enclosed along the sides .vitil chain linik fencing, and concrete block walls that are topped with 'me; ,,' -
and metal gates at the front and back.
APPRAISAL: $365,000.00
Traveling east on Prince Charles Dr:e, pass te streetlight t a Fo Hall ..*: 1 urni ,:.u gl.- to Meadows Boulevard, turn right onto Mead ..
Boulevard, go south and take the 4th eft thei ast ig::t. The subject house is the 2nd house on the left side painted beige trimmed ..,:


Investment Opportunity Must Sell Lot No. 217
Pinewood Gardens Subdivision
'. ,' .^ ,All that lot of land having an area of 5,000 sq ft b: .
S. No. 217 of the Subdivision known as Pinewood Glde -
said subdivision situated in the Southern District o' ,
.' Providence Bahamas. Located on this property is a stlu '
-'- icornpisingofanapproximately20yroid singlefamily es',.
S ; '. consisting of 992 sq. ft of enclosed living space, ,t"
.' ',# -*. bedrooms. 1-batlroom. living/dining rooms. kitcihe' .
-f way and walk way. The land is on a grade and i' ,
'' "' appears to be sufficiently elevated to disallow the ?a-''o
of flooding. The grounds are fairly kept and \ ard is o -
--- --- Appraisal: $127,988.00
Traveling south on East Street to the junction of ?i..
Road, make a left at the light then turn right into Kennedy Subdivision, go all the way to T-junction, turn right te;
left then right again toward Mount labor Church building, after passing Mount Tabor take first left sapodillaa blh ,.i i
subject house is about 400 vards on the right painted yellow trimmed green, with green and white door


VACANT POPERIES


Lot No. 15, Block 10, Winton Heights
All that lot of vacant land having an area of 17,144 sq ft, of the subdivision known as Winton Heights situated
in the Eastern District of New Providence Bahamras. This property is rectangular in shape and zoned multi family
- single family.:
Appraisal: $171,440.00
This property is about 230ft West of Sassoon Drive and is about the third lot on the North Side of Hill Side Road.


Rainbow Subdivision Lot No. 3, Block 27
All that vacant lot of land having in area of approximately 14,052.59 sq. ft. being lot no. 3, block 27, section
b, of Rainbow Subdivision with residcntral zoning. Ihis property is bounded about 103.44 ft north by Queene
Highway, and 137.02 ft. East and about 99.9.1, ft soutl of Rainbow Hill Circle. 139.91 ft West. All utilities and
services available.
Appraisal: $37, 440.00


------- _-_ _ _


Island Harbour Beach, Exuma
All that parcel or lot of vacant land containing 10,000 (80'X 100') sq. ft. being Lot No. 9, Block 2, Island Harbour Beach
Subdivision situated the western most portion of the Hermitage Estate, Little Exuma Bahamas. The property is located
on an unpaved road known as Stocking Road. The property also has a commanding view of the ocean.
Appraisal: $80,000.00

MUTTON FISH POINT NORTH ELEUTHERA
All that piece, parcel or lot of vacant land containing 44,714 sq. ft., and designated "E" which forms a portion of land
known as "Mutton Fish Point" situated about two miles northwestward of the settlement of Gregory Town on the island
of Eleuthera, one of the islands of the Commonwealth of The Bahamas, and is bounded and abutting as follows:-
Northwardly by the land now or formerly the property of Coridon Limited, and running thereon for a distance of 393.13
hundredth ft.; outwardly by a 30' wide road reservation and running thereon for a distance of 402.57 hundredth ft; eastwardly
by the main Queen's Highway and running thereon for a distance of 109.73 hundredth ft; westwardly by land now or
formerly the property of Caridon Limited and running thereon for a distance of 110.75 hundredth ft. this property having
an area of approximately 44,714 sq. ft. this neighbourhood is zoind cornmercial/residential development and is quiet,
peaceful and has a topography of approximately 2 ft. with all utilities and services available.
APPRAISAL: $51,421.00


MUTTON FISH POINT NORTH ELEUTHERA
All that piece, parcel or tract of land containing 1 acre situated about two miles northwestward of the settlement of Gregory
Town on the island of Eleuthera, one of the islands of the Commonwealth of The Bahamas, and is bounded and abutting
as follows:- Northwestwardly by the main Queens Highway and is running thereon for a distance of 125.462 feet
northwestwardly by the land now of formerly the property of Condon Limited, and running thereon for a distance of 390.274
hundredth ft.; southwestwardly by a 30' wide road reservation and running thereon for a distance of 128.128 hundredth
ft; southeastwardly by the land now or formerly the property of the Venor and running thereon for a distance of 322.955
hundredth ft. This property having an area of approximately 44,847.76 sq. ft. This neighbourhood is zoned commercial
development and is quiet and peaceful with a topography of approximately 2 ft. with all utilities and services available.
APPRAISAL: $51,421.00
This lot is vacant land and is located in the area known as "Mutton Fish Point"


Investment Opportunity Must Sell
Lot No. 20, Block 1 unit 3 I or tuln- I 'olknt Suldivision ll that lot of vacant land having an area otf .I ; i0 :
being Lot No.20 block 1 unit 3 ot thi' sublivisioan known anld cltc signlited as fortune poiln subi ivis:: .'
Grand Bahama.. duplex prop, -l 0 .. i unI \vith i r ectangle S:lipe.
Appraisal: $38,000.00


LOT NO. 10B, PALMETTO POINT
All that piece, parcel or lot of vacant land containing 9,000 sq. ft.. and being Lot No. 10B situated No:th oi ,.m ,
Pond and Eastwardly of North Palmetto Point, on the island of Eleuthera, one of the Islands of the Co mrrn ,'"
Bahamas, and is bounded and abuttincg ;s tollows: on the north by Lot No. 3B and running thereon tr Jl".i.
ft; on the East by Lot No 1iB md r inning (the-or: for d distance of (100) ft: on the south by a 2 w d' I,'
and running thereon (90) ft on the west hv Lot No 9B running thereon for a distance of (100) Ft. thfe sni L .
with shrubs and is in close pioximits of a white andv beach. Ihis neighborhood is zoned resedent,.i i; .
is quiet and peaceful with a topori.iplihy of apnpmximlately ';Uft and bec luse of this thewr is no danger ,,i i'i
is approximately 80%' developed with ll uti liti';H s m11d services available.
APPRAISAL: $72,000.00


MUTTON FISH POINT NORTH ELEUTHERA
All that piece, paicnl or lot of vai i .il lin ,nd111 inpmio emoiur' s trolltainng approximately 44,587 sq. ft. an ud ,
which forms a portion ol Illla kli. ',V i "M llion I .1 I'oult" situat;ed ahout two miles notlhwest\\hvaW ol hii ; ,t
of Gregory Town oin the islad i h, llotillihi., oin' oil lth island. s of thle Ceoommnonwealthf of 1 le Bahamas, nd 1 ii'Jld']
abutting as follows:- Noithwal dl\ I 'V ll i u111(d now 0l 1 tcmcild the property of Coridon Limited,i and 1r1nni1l 1 ti i1,
a distance of 383.56 !hruiinhd ltlh t, oi. llnthwal lv I\ lan nt ow oi 0 orm eliv tlhe property of Carldon Limiuted anru :
thereon for a distance otl 9I 19 iiiil h lidtfl' II stAM,iidlv biy tihe main COueen's H-iglway and running tfhirero n l 1, 1 :
of 113.40 hundredth ft. woIstwa.ufl\ \ i i'u no'vw 1 t tolenrly l thl pti operty of Colidon Linmited and nluiinrU llq thi i '
distance of 113.40 hulndrliedh i t lln'. 11'iii, l o lrlh oll iO : Io d commercial/iesidential development and i quite. n ,t
and has a topography ol approximi atolv II. wiith ll utilities and seivicos available.
APPRAISAL: $51,276.00


Tove rpris ot:w wsonhobhmscm-Cick on- "Real 9Estate Mall" 9- Ciko ora Ene0nieSoe
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A 9 99 0 AAA 93 'II 11kI *. I1 AI I *~klPl


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Hill Road and Joe Farrington Road.
white trimmed brown.


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INVESTMENT OPPORTUNITY


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SANDYPORT Appraisal: $300,000.00
Ali that lot of land having an area of 9,626 square feet, being lot number 40,
L o the subdivision known as SandyPort, situate in the Western District of
New Providence. The property is irregular in shape, is on a level grade and
zoned as single family residential. An electrical connection outlet is located
near the property. The property is located on Sandy Port Drive just on the
bend before Governor's Cay on the Southern Side of the road.


No. 17 WESTRIDGE ESTATES


Appraisal: $930,000.00


I .* All that lot of land having an
area of 30000 square feet,
being lot Number 17 of the
subdivision known as
S- i i Westridge Estates Addition.
Situate in the Western District
,3 i on the island of New
Providence.
Located on the subject
property is a newly
constructed single story
feet of living space with a three Car Garagestructure comprising 6,000
The building is 75% completed and comprises five bedrooms, four and a
half baths study, living/dining, family room, kitchen, laundry and generator
room.
Location: From SuperValue West Bay, take the road heading west into
Westridge, take the first corner on the Right, Westridge Drive. Subject
property will be about the seventh on the right hand side of the road.

LOT #18 BLOCK #27 VENICE BAY Appraisal $383,855.00
All that lot of land having an area of .^ .
12,225 square feet, being lot #18 Block
#27 of the subdivision known as Venice *" .
Bay Annex, situate in the Western '
District of New Providence. The
property is on a level grade and zoned A -.a
as multi family residential. Located on ------ i,.
the subject property is a cluster of a
buildings comprising a completed unit
at the front of the property, a middle --"
section consisting two town houses.- .
about 80% completed and designated .... .,
units 3 and 4 and is the subject of this appraisal. This section has a square
footage of approximately 2,490 square feet and a porch of 200 square feet.
Directions: Take Carmichael Road heading West, turn onto Bacardi Road
heading South. Proceed past Millers Pond. Just before reaching Bacardi, turn
+I'qht onto paved road just past the pond. Subject is located on the Right
Sand side of the road.


VISTA MARINA


Appraisal $686,374.40


All that lot of land having an area of
6,794 square feet, of the subdivision
known as Vista Marina, situate in the
SWestern District of New Providence.
The property is on a level grade and
Szoned as single family residential.
Sl* -' ': Located on the subject property is a 7-
Syear-old single family two storey
-L residence consisting of approximately
2,756 square feet of enclosed living space. The ground floor comprises one
bathroom, laundry room, dining room, sunken living room, family room,
kitchen, entrance and rear porch. The first floor comprises three bedrooms,
two bathrooms, and a balcony overlooking the ocean. The Master Bedroom is
very large and features a walk in cedar lined closet. Windows are double
glazed hurricane impact. Ventilation is by central air-conditioning and ceiling
fans. There is also a swimming pool.
Directions: Take West Bay Street heading West to Go Slow Bend, continue
West just before reaching the Moorings, subject is located on the left hand
side of West Bay Street.

LOT No. 17 ALLEN'S DRIVE
CARMICHAEL ROAD Appraisal: $171,000.00
The subject property is
developed with a duplex
building consisting of
approxi-mately 1,512 tB
square feet of enclosed .
living space which ,,-
includes, two 2
bedrooms and I
bathroom, kitchen,
living/dining room
apartment.Ventilation is
by walled units air- -----
condition units located in the bedrooms.
Directions to property: Take the corner North of Golden Gates Assembly,
Alien's Drive, follow the bend. The subject property is on the right shortly
after passing the bend, aquamarine trimmed deep green.

WINTON MEADOWS LOT 248 Appraisal: $264,000.00
,' All that lot of land having an area
'of approximately 8,179 square
,T feet, being lot 248 of the
S.*,-: Il !1 1 subdivision known as Winton
Meadows. Located thereon is a
l -msingle storey, single family
" residence of approximately 1,378
S.'' l square feet of enclosed living
space with three bedrooms, two
r bathrooms, living and dining
rooms and kitchen. Ventilation is by central air-conditioning and ceiling
fans.
Directions: Take Yamacraw Hill Road, to corner that takes you into
Winton Meadows, make first left, subject property is second on left
side, painted lavender trimmed white.

GERALD BARTLETTE ESTATES Appraisal: $129,000.00
LOT 21 OFF COWPEN ROAD
All that lot of land having an area
of 4,875 square feet being lot 21 of .
the subdivision known as Gerald .,
Bartlette Estates. Located on this
property is a structure comprising .
a 6-year-old single family residence
of approximately 1,004 square feet Reg
of enclosed living space with two
bedrooms, two bathrooms, living,
utility, dining rooms and kitchen.
Directions: Travelling South on
Baillou Hill Rd., turn Right onto Cowpen Rd. at the traffic light. Proceed West.
Take the second corner on the Right (Gerald Bartlette Subdivision). Subject
property is the third below the hill, painted white trimmed green.


WESTRIDGE ESTATES
LOT 116
All that piece parcel or lot of
land being Lot 116, Westridge.
Estates comprising 1.05 acres.
Located on the subject
property is a two storey single
family residence comprising
entry porch, foyer, living room
with dual entry/exit to
adjacent porch, dining, family,
powder rooms, breakfast nook,
laundry room, back terrace and
three-car garage. Upper floor
consist of Master suite containing
bedrooms and two bathrooms.


Appraisal: $948,000.00


bed and bathroom, three additional


Directions: Travelling West on West Bay Street, turn left, at Super Value
Shopping Centre into Westridge Estates, take the first Right, subject will
be on your immediate Right, on the corner.

FRE EPR


GREENING GLADE SUBDIVISION


Appraisal: $75,000.00


All that piece parcel and lot of land described as lot 7 block 21, Albacore
Drive, Victoria Place and Mid Chipman Road, Unit 2, Greening Glade
Subdivision, Freeport, Grand Bahama. The lot contains 20,580 sq. ft.
and zoned as multi-family residential.


LOT No. 20, BLOCK 1, UNIT 3
FORTUNE POINT SUBDIVISION


Appraisal: $38,000.00


All that lot of vacant land having an area of 12,650 sq. ft. being lot No.
20, Block 1 Unit 3 of the Subdivision known and designated as Fortune
Point Subdivision, Freeport, Grand Bahama. Duplex property zoning with
a rectangle shape.

LINCOLN GREEN, CANEBY CLOSE Appraisal: $38,500.00
Unit 5, Block 17, Lot #48 Single family residence, Clearwater Close.
Located on fresh water canal. Approximately 17,404 sq. ft.

LOT No. 37 BLOCK 33
CHURCHILL COURT, BAHAMIA MARINA
& BAHAMIA 4 SUBDIVISION, FREEPORT,
GRAND BAHAMA Appraisal: $337,000.00





". ~ ri.


All that lot of land having an area of 16,533 sq. ft. being lot No. 37 of the
subdivision known and designated as Bahamia Marina and Bahamia Section 4
Subdivision, Freeport, Grand Bahama. Located on this property is a structure
comprising a 3 year old duplex structure which covers approximately (3,058)
square feet. Apartment consisting of two 2-bedrooms, 2-bathroom with private
Jacuzzi in master bath, spacious living and dining room, full service kitchen, a
laundry and utility room, foyer/hallway with linen and storage closet. The
property is fuJly secured by six foot plastic coated chain-link fence runs along
the side and rear and adjoins the painted 4 foot wall, with 5 foot pillars at
front with electronic gate.



FAIRWAY MANOR CONDOMINIUM Appraisal: $73,000.00


,1-






Apartment 402, 2 bedrooms, 2 bathrooms.
Lot 4, Block GN, Edward Birch Curt, Bahamian North


LOT 188 SCOTT AVE, EAST SECTION 1 SUBDIVISION,


FREEPORT, GRAND BAHAMA


Appraisal: $140,000.00


The subject lot is
approximately 12,322 square
feet. Situated on this
property is a single story
.. --- single family dwelling of
S I l 2,800 square feet of living
space. This includes a small
*. Front porch, a large foyer, a
sunken living room with
fireplace and chimney, a
i dining area, a full service
i kitchen, a family room with
I adjoining laundry and
storage room. A hallway with linen closets, a hallway bathroom. Three
auxiliary bedrooms with closets and a master bedroom with walk-in
closet and private bathroom.


TO VIEW PROPERTIES GO TO:
www.stopnshopbahamas.c0Wr
Ceide on "Real Estate Mall" "
ceick on Doorway
"Enter Online Store"


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PAGE 14B. THURSDAY, JANUARY 24, 2008


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THE TRIBUNE


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INVESTMENT OPPORTUNITY







L FAMILY ISLANDS


Appraisal: $108,000.00


PORTION OF MURPHY TOWN CROWN
ALLOTMENT, MURPHY TOWN, ABACO.


The property is 89 x 100 ft
and rectangular in shape. The
land is elevated
approximately 15 ft above
road level and approximately
25 ft above sea level.
Located on this property is a
twenty-year-old three
bedroom, two bathroom,
living, dining, kitchen and
laundry room house. The
structure requires much
attention.


EXUMA


S -
w - -

:SB ;.


Appraisal: $170,000.00


DUPLEX IN LOT 6625
BAHAMA SOUND No. 8, EAST, EXUMA
Trapezium shaped lot 35
ft. above sea level t
comprising 10,000 sq. ft. ,c.
Situated thereon is a 10-
year-old single storey T
duplex, 2 bed, 1 bath, .
kitchen, living/dining : .
area and porch. (Building ,.'
is in need of repairs). ." ."f. *



EXUMA Appraisal:
CASTELRAG ESTATES, LOTS 129 & 130
EXUMA HARBOUR SUBDIVISION


The subject property is located
on Kingway Road and is --
developed with an area of
20,000 square feet. Situated ,
thereon is a residence '
comprised of 3,645 square feet '';
of living accommodations,
inclusive of 4 bedrooms, 2, .
baths, with laundry and utility MW -I
spaces and a two bedroom one
bath guest cottage of 600
square feet. The property is fenced with white
Gazebo at the highest portion of the property.


NORTH PALMETTO POINT


ELEUTHERA


$673,075.00


picket fencing and has a


Appraisal: $134,822.00


All that piece parcel or lot of land and
improvements situated to the West of
the Settlement of North Palmetto. ,,
Point, on the Island of Eleuthera. The
total area is approximately 8,118 .
square feet. Situated on the property '
is a 26-year-old building, comprising .
approximately 1,263 square feet of |
enclosed living space and a basement '
area of 144 square feet. Three .- .
bedrooms, two bathrooms, living :- ... -.. ....
room, dining room, kitchen, utility room, and beauty parlour (an additional
480 square feet).


PARCEL OF LAND, PALMETTO POINT
ELEUTHERA Appraisal: $112,105.00
All that piece, parcel or lot of land 2,743 feet East of the junction of
the Palmetto Point road and main Eleuthera Highway containing 2.45
acres. This site encompasses a 28-year-old single storey concrete
structure of approximately 832 square feet of enclosed floor space
inclusive of shop space and rest room facilities.




TO VIEW PROPERTIES


GO TO:

www.stopnshopbahamas.com


CiMk on "Real Estate Mall"

Ceid on Doorway


"Enter Online Store"








--- - ---- --- --



Fax: 56-381 end bds toP. 0 Box -7SI


lit~
r.T
'~i72~-


* By ANDREW TAYLOR
Associated Press Writer

WASHINGTON (AP) -
The deficit for the current bud-
get year will jump to about
$250 billion, the Congressional
Budget Office estimated
Wednesday, citing the weak-
ening economy. And that fig-
ure does not reflect at least
$100 billion in red ink from an
economic stimulus measure in
the works.
"After three years of declin-
ing budget deficits, a slowing
economy this year will con-
tribute to an increase in the
deficit," the CBO report said.
The figure greatly exceeds
the $163 billion in red ink reg-
istered last year. Adding likely
but still unapproved outlays
for the wars in Iraq and
Afghanistan brings its "base-
line" deficit estimate of $219
billion to about $250 billion,
the nonpartisan CBO said.
Senate Budget Committee
Chairman Kent Conrad, D-
N.D., said the 2008 deficit
would reach more than $350
billion once the costs of an
upcoming economic stimulus
measure under negotiation
between the Bush administra-
tion and Congress are factored
in.
The CBO crunches eco-
nomic and budget data for law-
makers.
Unlike an increasing num-
ber of economists. CBO does
not forecast a recession this
year. It instead forecasts a
growth rate of 1.7 per cent.
down from 2.2 per cent real
growth in the gross domestic
product (GDP) last year.
"Although recent data sug-
gest that the probability of a
recession in 2008 has increased.
CBO does not expect the slow-
down in economic growth to
be large enough to register as a
recession." CBO said. The


CBO economic forecast was
completed last month, before a
recent spike in unemployment
and the release of disappoint-
ing holiday retail sales figures.
"A number of ominous eco-
nomic signs have emerged
since CBO finalized last month
the forecast underlying today's
report," said House Budget
Committee Chairman John
Spratt Jr., D-S.C. "Today's
new economic forecast thus
adds to the growing evidence
that the economy has weak-
ened, an. that pollcymakers in
Washington must take action."
Testified

CBO Director Peter Orszag
testified before the House
Budget Committee. He
warned them again that
regardless of the short-term
fluctuations in the deficit, the
longer-term picture remains
bleak due to expected spiraling
costs of Medicare, Medicaid
and Social Security as the Baby
Boom generation retires.
"A substantial reduction in
the growth of spending, a sig-
nificant increase in tax rev-
enues relative to the size of the
economy, or some combina-
tion of the two will be neces-
sary to maintain the nation's
long-term fiscal stability,"
Orszag said.
Officially, CBO predicts the
2008 deficit at $219 billion, but
that figure fails to account for
at least an additional $30 bil-
lion in war costs and the likely
infusion of deficit-financed
economic stimulus measures
such as income tax rebates,
business tax breaks and help
for the unemployed now under
discussion on Capitol Hill and
at the White House.
The deficit seems to be an
afterthought as lawmakers race
toward agreement with Presi-
dent Bush on a plan to pump


Lot No. 1056
Pinewood Gardens Subdivision


All that lot of land having an area of 5.000 s ,
being lot no. 1056 of the subdivision known i -
Pinewood Gardens, the said subdivision sit:. .
in the southern district of New provi c
Bahamas. Located on this property is a sr i;c:
comprising of an approximately 10 yr old t-, ,
S family residence consisting of apprixi inaieit
1,205 sq. ft of enclosed living space th -
bedrooms with closets, 2-bathroom,l inte: cci-
living, dining rooms, kitchen and covered front porch. the land is slightly elevated to deo c',, *
possibility of flooding, the grounds are fairly kept.

Appraisal: $144,977.00
Traveling south on East Street to Sapodilla Boulevard, turn right at thatch Palm Strieet ili:
onto Rosewood Street, the subject property is the second on the right hand side painted' .i ;
trimmed white.
BLACKWOOD, ABACO
All that lot of land having an area of approximately 258,064 sq. ft. This property is yet to reach its hilhe, r ,:
is ideally suited to single or multi-family development as is the nature of surrounding properties within the
site may also serve well as a commercial site as the area remains un-zoned the property remains largely in t
It is covered with low brush and broad least coppice seantation intersperse with broad strands of mature felloww ,i
to the area. The property is well drained and represents no immediate flooding danger under f illati. ,
APPRAISAL: $219,354.40
The subject property is vacant and is situated at the Southeastern entrance of the Community of Blti(cwx ,i \
property is undivided and comprises approximately 6 acres of a larger tract of land of app~li.x ,a
Lot B, Wilson Street, Rock Crusher
All that lot of land having an area of 10,498 sq ft. being lot B, between the subdivision kiw, ti t '
and in the vicinity of Pe pall Tract situated in the western district of New Providence, Bahan. I. 1I.
is zoned multi family/single family. Also located on this property is a structure coniprising o .i iisi,
foundation level under construction, and consisting of approximately 1,566 sq. ft. of enclosed lik in\ sp,,
a patio consisting of 270, sq. ft. the starter bars are in place and foutnd.ationll
Appraisal: $97,214.00
Traveling West on Farrington Road take a right after the P.L.P. headquarters, go about nudltav '; ,
to Wilson Street, go though the corner all the way to the dead end. The property is located beh .
linked fence at the back of the yard.
NORTH ELEUTHERA HEIGHTS (ELEUTHERA)
Lot #20 approximately 11,200 sq. ft., and bounded on Notlh by Early Settler Drive and South by De iim i i
Ltd., this is a single family zoning and 50 ft., abo' sea level. This site encompasses a foundation i, t- ii i
and roughing inplace and well compacked qu,.rry fill. The concrete floor has not been poulce a-s
foundation is 2,511 sq. ft. Lot #20 situated 1.5 miles east wardly of the Bluff Settlement. The s a ,
and a hill over looking the Atlantic Ocean.
Anoraisal: $41,275.00


ABACO


US budget defic ;





set to hit $250


I I


THURSDAY, JANUARY 24, 2008, PAGE 150L


I SItl n i i Ur 2
^^^^^^^^^^^^^^^^^^^^,^^^^^^


perhaps $150 bill :,i .. ,
deficit spending intl i ... .
omy. The bulk rl' i!i ;,
would come as tax : ,; ii 1,1 i .
Democrats are p ;.si'i ,
additional help for ill-: imin ii
played and p(eop)I ir.; i.
stamps. Constitui ni c ; :,;,-
in both political ,i ; ., ;
pressing for evc r [i:i.. i.
as Democralic-so(u!i li ;.i.
cash-strapped, stlilL-s iL .. i a ,
pie with high hcalie : i il
Most of any econt,: .ni!
ulus bill would lhc v. ar.
before the Octohcr i i.;,i ,.
the 2009 budget yeri. v .,i ,:;
benefits to Ihe econ'O in ,:
therefore federal ;rc'.l w
lagging behind.
The White Housce i set it
release its 2009 bhudI( e I ,', :!
ruary 4, and Bush h'.
promised a plan tli:ii \ ,)ili
erase the deficit hy 2t0!!' it hl.
policies are follow N-_
The 2006 dcticil .,,, -t
billion and had clo.-d !i,.r! ,
high of $413 biliicn i Lu:L-ired
in 2004.
The deficit pici' r !; :,i:; r,
worse than it \k, \i .. .: '
took office seven ctar' ;i:
Then, both White l i,'!-, -.i
congressional foreucais- ,:- i,
jected cumulative siil r, .
$5.6 trillion over i -.!-.
quent decade.
Revenue

But a revenue ilin, : ;
a recession and the ;. :. :
11, 2001. terror,i .
adversely affcccdi ;ii .
Several rounds l .i .o l
including Bush '.I : '
$1.35 trillion 2(01 ;. I .
contributed to IhI : ,i
deficits in 20012 ;attLr i n
of budget surplu :- i:
national debt hat 'is, i i v'.
trillion. "This u\ \\ .. ii
close to doubling: ih .'!'- ,li
the country during is p.riiod
of presidency." (CLnrrdj ,:i.


-1'


I J'.


THE TRIBUNE





THE TRIBUNE
* i I I I IIII I__I__ II__II II_ J . . 1 I I I


PAGE 16B, THURSDAY, JANUARY 24, 2008


To adverse in


ThIe TuIke l- b#e


newspaper in circulaUMn,


just call 822-1986 today


Asian stocks fall more than 12


* By DAVID BARBOZA
and HEATHER
TIMMONS
c.2008 New York Times
News Service
SHANGHAI The calm
seemed to return to markets
across Asian on Wednesday
morning.
After two brutal days in
which some Asian stock index-
es fell more than 12 per cent,
most of the exchanges across
the region rebounded, albeit
only modestly.
At midday, most markets
had recouped some losses, with
Japanese shares up less than
one percent and the Australian
stock market, which tumbled
7.1 per cent on Tuesday, its
worst single-day loss in nearly
two decades, ahead four per
cent. The battered Hang Seng
index advanced 4.5 per cent.
Chinese equity indexes rose,
then fell back.
In Japan, the Nikkei aver-
age traded up more than three
per cent early in the, session,
but traders pared gains more
amid concerns of more prob-
lems in the United States.
Yutaka Miura, senior tech-
nical analyst at Shinko Secu-


rities, told Reuters that
investors were worried that
New York shares might con-
tinue to fall in trade Wednes-
day, which was making them
reluctant to hold on to posi-
tions.
Earlier in the week, the stark
sell-off that sent share prices
plummeting around the world
brought renewed concern that
the equity markets in China
and India might be overval-
ued. But while Chinese
investors and analysts worried
this might be the case and fret-
ted over the potential social
consequences, in India the
market chaos was often greet-
ed on Tuesday as a buying
opportunity.
The Chinese markets closed
Tuesday before the Federal
Reserve's three-quarter-point
interest rate cut. The Shang-
hai composite index had
dropped 7.2 per cent, to close
at 4,559.75; the Shenzhen com-
posite fell 7.7 per cent; and
Hong Kong's benchmark Hang
Seng index plummeted.8.65
per cent, to 21,757.63, way
below its high near 32,000 in
October.
In Japan, the blue-chip
Nikkei index of 225 stocks fell


9.3 per cent over two days, its
worst such loss in 17 years.
Before Wednesday's embry-
onic rally, Kwong Man Bun,
chief operating officer of KGI
Asia, a big futures broker, said:
"At this stage, you can say
there is panic selling in the
market. We don't think the
Hang Seng index has found its
bottom yet; the index will con-
tinue to go down and will only
find its bottom when external
markets, namely the US mar-
ket, stabilize."
Indexes
The major indexes in China,
after reaching record highs in
recent months, have plunged
15 to 30 per cent.
Jing Ulrich of JPMorgan
said, "Looking back, it must
have been 10 years since I saw
this kind of thing happen dur-
ing the Asian financial crisis."
Indian niarkets. have been
on a tear for a year with a
few stomach-turning drops and
leaps along the way. The Sen-
sex opened at a record of
20,970 on January 8, some 51
per cent higher than the year
before. But by Tuesday'sclose,
it had lost 20 per centfrom that


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Background and knowledge of truck specification /
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Computer skills required on daily basis. Must be self
motivated and work with little or no supervision.

TOP WAGES
We thank all applicants, however, only candidates to
be interviewed will be contacted.

Please hand deliver resumes and references to:
Bahamas Mack Truck Sales Ltd.,
Oakes Field
P.O. Box N-44
Nassau, Bahamas


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2nd Floor unit m Love Rcich Wilk ow
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CIIIIIII0 1,00111 Mid b'dcoin kicill'-, t1w ok-'C'11)
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NOTICE
NOTICE is hereby given that EVERTON JOSEPH of 48
FOSTER ST., CIPPINQHAM, NASSAU, BAHAMAS,
is applying to the Minister responsible for Nationality and
Citizenship, for registrationturaklzation 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 January, 200 to the Minister
responsible for Nationality and Citizenship, P.O.Box N- 7147,
Nassau, Bhamas.

Legal Notice
NOTICE


LEADING COMMERCE LTD.



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


ARGOSACORP. INC.
(Liquidator)




LAplWNotie
NOTICE


GOLD-MINE DEVELOPMENT
GROUP LTD.
-4-:
Notice is hereby given that in accordance with Section
138 (8) of the International Business Companies Act
2000, the dissolution of GOLD-MINE DEVELOPMENT
GROUP 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)


Lal Notice
NOTICE


APPLEBEE VILLAGE CORP.



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


ARGOSA CORP. INC.
(Liquidaktor)


I


NOTICE
NOTICE is hereby given that MAXON JEAN of HIGH VISTA
OF THE EASTERN ROAD, NASSAU, BAHAMAS, is applying
to the Minister resposibe for Nationality and Citizenship, for
registrationuaturalization 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 January, 200 to the Minister responsible
for Nationality and Citizenship, P.O.Box N- 7147, Nassau,
Bahamas.

Legal Notice
NOTICE


THALWIL LIMITED

-0-

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


ARGOSA CORP. INC.
(Liquidator)




Lgd Notice
NOTICE


MANKATO CORP.


-4-
Notice is hereby given that in accordance with section
138 (8) of the International Business Companies Act
2000, the dissolution of MANKATO CORP. has been
completed; a Certificate of Dissolution has been issued and
the Company has therefore been struck off the Register.


ARGOSA CORP. INC.
(Liquidator)






Sales Agents / Account Department
TravelAgency
Must be self motivated person.
Must have ability to team work.
Analytical skills for sales.
Excellent interpersonal skills.
Must be Computer literate. Excel.
Spanish language is an asset.
Open to Bahamian residents only.

Applications must be submitted to:
P.O. Box RE 16319, no later than February 4,2008
Please submit your Resume and three (3)
written letters of reference.
Only applicants under consideration
will be contacted.


high. At one moment during
the day, some of the biggest
Indian blue-chip companies'
stocks were trading down 30
per cent or more.
Wild daily swings of several
hundred points have become
common in Indian markets
because of a growing number
of momentum investors, an
influx.of foreign cash and high-
ly leveraged domestic players.
,While such gyrations might dri-
ve some in other markets to
store their cash in the mattress,
in India they seem to be whet-
ting investors' appetites.
Neera Mathur, 61, a home-
maker in New-Delhi who is
investing her husband's sav-
ings, said Tuesday that her
stock portfolio had lost 20 per
cent of its value in the recent
downturn.
"I'm not worried because it
will come back again," she
said. Ms Mathur has experi-
ence on her side she esti-
mates that her investments
have grown 500 per cent in the
last 10 years.
In fact, she planned to invest
further in stocks over the next
day or two. "The Indian econ-
SEE next page


BUSINESS


7~ 1
r
..
c


- ; r-O-
. {, ,, .
''' i s*

^^^t










TI-fE TRIBUNE TH|^^HH~rT^BHBB|HURDAJAURY2,20,IAESB


per cent in two 'brutal' days


omv is so robust," Ms. Mathur
added, "that it will overcome
any impact of US recession."
Her outlook is common in
India, where the booming
equity markets have been pro-
pelled by annual economic
growth around nine per cent.
While China and other
Asian countries rely heavily on
the United States to buy their
exports, most of India's growth
is linked to domestic infra-
structure construction and con-
sumption.
Strategists in India say the
recent.stock market plunge has
more to do with one-time fac-
tors than fundamental prob-
lems. The combination of fears
of an American recession, mar-
gin calls by futures and options
traders and a liquidity short-
age because of huge public
offerings led to the downturn,
said Nipun Mehta, chief exec-
utive of Unitis Tower Wealth
Advisors in Mumbai.
The appearance of the
largest initial public offering
in ndia could have contributed
to the painful drops Monday
and Tuesday, some investors
say. The billionaire Anil
Ambani sold 10 per cent of his


Reliance Power to the markets
in a $3 billion stock issue tihai
closed last Friday, a deal over
subscribed more than seventy-
fold. Indian investors seized on
every bit of liqul dit tlhy\ could
find to buy thl stock, equity\
strategists said
When the market starts ito
decline, thele is nornmail\
enough money to encourage
more purchases, but becausee
of the largepublic ot'lciing. the
money was blocked." said[ I S
Roy, chiel executive of Sli
Life Insurance.
The Indian growth slor\
"has beenii a strong as c\vci.
and is gaining strcngl h \\ill
c\ery passing month." he said.
Not everyone is so optli
Imistic. Indiii has I'ccCnilyv been
the "flavor ol tic monthly" foi
international investors, and
domestic players have poured
cash into the markets, said
Abhay Aima, head of port folio
and wealth management at
HDFC Bank.
UBS said in a report on lJan-
uary 4 that India had replaced
China as the most overvalued
market in Asia.
While the price of Hlong
Kong-listed mainland China


Legal Notice
NOTICE


CISCO VALLEY INC.


1 r f ,* r. ,* f \ ,
Notice is hereby given that in accoidaInce w\\ith ct sion
138 (8) of the International Business ( onipanies \c t
2000, the dissolution of CISC) V\ALLE, Y L\( '. has ICbe
completed; a Certificate of Dissolution has been issued ;ind
the Company has therefore been struck off the Register




ARGOSA CORP. INC.
(Liquidator)



Legal Notice
NOTICE


CICLAMINO LIMITED




Notice is hereby given that in accordance with sections
138 (8) of the International Business Companies Act
2000, the dissolution of CICLAMINO 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


TIFO VILLA S.A.




Notice is hereby given that in accordance w\ill scctioni
138 (8) of the International Business (Companies \Act
2000, the dissolution of TIFO VILLA S.A. has been
completed; a Certificate of Dissolution has been issued andl
the Company has therefore been sthtick off (lie kctistli




ARGOSA CORP. IN(C.
(Liquidator)


companies ichad hdiopeCd since
)ctober to 28.7 times earnings
roi a i high of 38. pricc-carn-
ings ratios are t a; l record high
of 28 times Ceiiiings in India,
l IS noted, impllyinig that cash
f1'ti i ottidc Ihc counlltir \\;as
artificially inflating stocks.

Buying
Ncl foreign buying in Indiac
exceeded $17 million in 200)7.
Ill S said. while iin \siaI over
ill, I cign invcstols \\ cure nlt
sellers by $3.0 billion.
( 'hak i I ,okiapriy a, lic id of
India equities til INI P P:itibhas
/\sset M'iNag'IIemtnt lUK, esti-
iniltes that Indiin colrporalc
eal ilin s \\ illt gri \\ .2 per cenCi
in (th next fiscal Weir, CVC'en it


there is a global slowdown.
"What it comes down to is
there has been a certain
amount of panic selling, which
is unwarranted," Lokapriya
said. "For a long-term fund,
it's a good buying opportuni-
ty."
In a similar vein, Ulrich of
JPMorgan and other experts
were not willing to say that this
was the end of the bull mar-
ket in China. But they sounded
gloomy about the prospect of
stock gains in a weakening
global economy that could
danup ('hinese growth.
Indeed, some analysts hint
Itat Ihe Beijing government
mighl be forced to step in and
restore confidence in a market
susceptible to wild swings.


Legal Notice
NOTICE


KIUKUNEST LIMITED




Notice is IhciCe'l\ i\ cii tllhat in accordance with section
138 () of tihc Intcrnaltionil Business Companies Act
2( (00). the dissolution of Kil KI 'NliST LIMITED has been
conplletled a ( 'clltilicatc ol 1 )issolution has been issued and
the ('onipan; has therefore e been struck off the Register.




AR(GOSA CORP. INC.




eI xal Notice
NOTICE


SURRI (ROUIP LIMITED


-*, V.. I .
\tl'C betI h clc .'b~ \ i' IhllAt iin ;ictorildanc with. section 138
(S) l I11the 111 n;tlion11 tt lisinIss C t'oIMpa; ics Act 2000,
lthc tlissotiion ol, SRRI (;Rl'()' l.P.IIT'ED has been
cotm litedCl :i ( 'c litleate ol lI o ssolitition has beei issued and
thel ( 'o nipa)i\ h'lis v iheclorc becic struck off the Register.




ARGOSA CORP. INC.
(l iquidator);



I.egal Notice
NOTICE


TROPICAL VALLEY INC.




Notice is Iierebh \,i\i e-n tIha in accordance with section 138
(8) of tl Iht lleiltlional hBusiness (Coipanies Act 2000,
the dissolution of ''R()PICAI.\ 1LLY INC. has been
coiiinlceted; a ( 'erlilicate ol' dissolutionn has been issued and
the (omuipany has t therefore been struck off the Register.




ARO(;SA CORP. INC.
( ,111111.llo l )



Legal Nolice
NOTICE


RUNNING RIVER INC.




Nolicc is lcHie l b i\ 5I I iitl 111 ii; .i.ccot1i Ma ce with section
1,I (8) o i lhe linlcinalional liusilness C'omlpanies Act
2()()(), llthe dissoliion | o1 I '\\'IN(i Rk\ 'R IN('. has been
completed: i ( iilin ti, ot I lissolutlion i has been issued and
lic oiip;iiian llha\ tIiicloc bcin st ruck off the Register.


\ R(OSA CORP( INC.
(l i l iq nl:ii i )


NOTICE


GALLOPHER CROSSING INC.


***'**** -

Notice is hereby given that inaccordance with section 138
(8) of the International Business Companies Act 2000, the ,
dissolution of GALLOPHER CROSSING INC. has been
completed; a Certificate of Dissolution has been issued and .
the Company has therefore been struck off the Register.




ARGOSA CORP. INC.
(Liiltdaior)


'LegalNotiee
NOTICE


ENTREMONT HILLS INC.

-4 V

Notice is hereby given that in accordance with section 138
(8) of the International Business Companies Act 2000,
the dissolution of ENTREMONT HILLS INC. has been -I
completed; a Certificate of Dissolution has been issued and :
the Company has therefore been struck off the Register.




ARGOSA CORP. INC.
S(Liquidator)



LegalNotlee
NOTICE


TRUMPET SLOPES INC.


,-0-
Notice is hereby given that in, accordance with section 138
(8) of the International Business Companies Act 2000,
the dissolution of TRUMPET SLOPES INC. has been
completed; a Certificate of Dissolution has been issued and
the Company has therefore been struck off the Register.




ARGOSA COR. IC.
(Liquidator)



Legal Notice
NOTICE


ZONIAN OCEAN LTD.




Notice is hereby given that in accordance with section
138 (8) of the International Business Companies Act
2000, the dissolution of ZONIAN OCEAN 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


ROCKYSTONE GROOVES INC.


--O--


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



ARGOSA CORP. INC.
(Liquidator)


TI4E TRIBUNE /


THURSDAY, JANUARY 24, 2008, PAGE 17B









PAGE 18B, THURSDAY, JANUARY 24, 2008


THE TRIBUNE


Bond insurer in $3.26bn hit


* By MICHAEL J. de la
MERCED
c.2008 New York Times
News Service

THE Ambac Financial
Group, one of the largest com-
panies that insures against
bond losses, said Tuesday that
it was exploring "strategic
alternatives" as it announced a
$3.26 billion loss for its fourth
quarter.
Ambac's shares surged more
than 28 per cent on the disclo-
sure that it was in talks with
"potential parties." In Wall
Street's parlance, strategic
alternatives mean, among oth-
er things, a potential sale or
outside investment. Either
would help ease concerns that
Ambac lacks enough capital to
pay claims.
Driving the company's loss,
which amounts to $31.85 a
share, was a $5.21 billion write-
down on its portfolio of credit
derivatives. About $1.11 bil-
lion was tied to financial instru-


"We view the current perceptions of Ambac's business by

the market and ratings agencies as underestimating Amb

strengths and future potential. As the market normalizes

perceptions correspond more closely to reality, the mar

will more accurately assess our assets and strengths."
Michael A Callen, Ambac's new chairman and interim chief


ments backed by subprime
mortgages.
The news reflects the con-
tinued woes of Ambac and
others in the bond insurance
industry. On Friday, after
abandoning a plan to raise $1
billion in new capital, the com-
pany lost its most valuable
asset: a AAA credit rating that
allowed it to guarantee lower-
rated debt.
That move by Fitch Ratings
- and the threat of further
downgrades-by the other two


major ratings agencies, Stan-
dard & Poor's and Moody's
Investors Service capped. a
week in which Ambac lost
nearly three-fourths of its mar-
ket value.
Last Wednesday, Ambac
ousted its chief executive and
said it would cut its stock divi-
dend by 67 per cent.
"We view the current per-
ceptions of Ambac's business
by both the market and ratings
agencies as underestimating
Ambac's strengths and future


potential," Michael A. Callen,
the company's new chairman
and interim chief executive,
said in a statement. "As the
market normalizes and per-
ceptions correspond more
closely to reality, the market
will more accurately assess our
assets and strengths."
A sale or investment offers
no guarantee of salvation, how-
ever. Last month, MBIA,
Ambac's biggest rival, sold a
$1 billion stake to the private
equity firm Warburg Pincus.


Even after tha
announced, the
shares slid another
(MBIA shares ros
on Tuesday, large
a Barron's article
the company is in
cial health than A
Until a few m
bond insurance
known industry 1
teed staid muni
from default. 1
allowed state an
ernments to issi


Sboth raise money in the capital mar-
kets at lower cost.
)ac S But companies like Ambac,
s moving far beyond their origi-
S nal mission, also insured hun-
and dreds of billions of dollars in
ket debt tied to risky subprime
home loans. As the market for
those loans collapsed, the com-
panies found themselves fac-
ing steep losses.
executive The pain suffered by Ambac
and other insurers has spread
far beyond the industry.. State
and local government bonds
t deal was insured by the company have
company's already dropped in value.
r 73 per cent. Those governments may also
;e 47 per cent find it more expensive to issue
ly because of new debt.
arguing that Financial giants like Merrill
better finan- Lynch and Canadian Imperial
Lmbac.) Bank of Commerce have also
months ago, felt the ripples from Ambac's
was a little- troubles. Subprime-backed
that guaran- bonds issued by those firms
cipal bonds and insured by Ambac have
?he service dropped in value, raising the
d local gov- prospect of even steeper losses
ue bonds to for those banks.


RBC
FINCO



NOTICE
RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the
following:
"ALL THAT" piece parcel or lot of land being Lot #3391
Sir Lynden Pindling Subdivision, situated in the Southern
District on the Island of New Providence one of the islands of
the Commonwealth of The Bahamas: Situatedtherorris'a Singl~
Family Residence, consisting of (3) three bedrooms, (2) two
bathroom.
Property Size: 5,000 Sq Ft
Building Size: 1,312 Sq Ft
This property is being sold under Power of Sale contained
in a Mortgage to FINANCE CORPORATION OF BAHAMAS
LIMITED.
All offers should be forwarded in writing in a sealed
envelope, addressed to the Manager, Royal Bank
Collections Centre, P.O. N-7549, Nassau Bahamas and
marked "Tender 2214". All offers must be received by the
close of business 4:00 p.m., Friday 1st February, 2008.




RBC
FINCO



NOTICE
RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the
following: ..............-
"ALL THAT" piece parcel or lot of land being Lot #13
College Gardens, situated in the Western District on the
Island of New Providence one of the islands of the Commonwealth
of The Bahamas. Situated theron is a Duplex consisting of (2) two
bedrooms, (1) bathroom.
Property Size: 6,420 Sq Ft
Building Size: 1,456 Sq Ft
This property is being sold under Power of Sale contained
in a Mortgage to FINANCE CORPORATION OF BAHAMAS
LIMITED.
All offers should be forwarded in writing in a sealed
envelope, addressed to.the Manager, Royal Bank
Collections Centre, P.O. N-7549, Nassau Bahamas and
marked "Tender 8592". All offers must be received by the
close of business 4:00 p.m., Friday 1st February, 2008.


SFINCO



NOTICE
RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the
following:
"ALL THAT" piece parcel or lot of land being Lot #42,
Foxdale Subdivision situated in the Eastern District on the
Island of New. Providence.oe.of.theislandsof theGommonwealth-
-6fTe'Biihamas. Situated theron is a Single Family Residence,
consisting of (3) three bedrooms, (2) two bathroom.
Property Size: 6,329 Sq Ft
Building Size: 1,247 Sq Ft
This property is being sold under Power of Sale contained
in a Mortgage to FINANCE CORPORATION OF BAHAMAS
LIMITED.
All offers should be forwarded in writing in a sealed
envelope, addressed to the Manager, Royal Bank
Collections Centre, P.O. N-7549, Nassau Bahamas and
marked "Tender 0810". All offers must be received by the
close of business 4:00 p.m., Fricdy 1st February, 2008.




RBC
FINCO


NOTICE
RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the ..
-following-: .--- -
"ALL THAT" piece parcel or lot of land being Lot #2 of
Tract Northernside of Adelaide, situated in the Western
District on the Island of New Providence one of the islands of
the Commonwealth of The Bahamas. Situated theron is two Town
Houses consisting of 1-(2) two Bedrooms, (2) two Bathrooms and
1 (3) Bedrooms, (2) Bathrooms.
Property Size: 5,756 Sq Ft
Building Size: 1,715 Sq Ft
This property is being sold under Power of Sale contained
in a Mortgage to FINANCE CORPORATION OF BAHAMAS
LIMITED.
All offers should be forwarded in writing in a sealed
envelope, addressed to the Manager, Royal Bank
Collections Centre, P.O. N-7549, Nassau Bahamas and
marked "Tender 3359". All offers must be received by the
close of business 4:00 p.m., Friday 1st February, 2008.


MEDGEAR
MEDICAL SUPPLIES & UNIFORMS ETC.
P.O. BOX CR 56022
medgear247@yahoo.com


`Qa SALE 10%0 Off coupon.-
.. .. Jan 28-31, 2008



NEW LOCATION .....
32 WEST AVENUE RUAN HOUSE SUITE#1
(West of Centre.;!!e Primary School or South of Super Wash)
"Your choice for affordable medical supplies and uniforms"
Scrub Sets Printed Scrub Tops Dresses Lab Coats I Jackets
Uniforms Sizes: X-Small to 5x CLOGS Sz: 5-10
A VAST VARIETY OF MEDICAL SUPPLIES
Cleaning items:-
Bleach Ammonia Joy Gain etc.
Hedy's Pantyhose & Knee-Hi's, AVON Products

**Use our Lay-Away Plan**
MASTER & VISA CARDS GOVERNMENT P.O. ACCEPTED
GIFT CERTIFICATES AVAILABLE TOO!!


MONDAY FRIDAY 8:30 AM TO 5PM SATURDAYS 9AM 1PM


- 6689


356


NCO



NOTICE
RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the
following:
"ALL THAT" piece parcel or lot of land being Lot #1218
Golden Gates Subdivision, situated in the Western District
on the Island of New Providence, one of the islands of the
Commonwealth of The Bahamas. Situated theron is a Single Family
Residence, consisting of 3 Bedrooms, 2 Bathrooms.
Property Size: 5,000 Sq Ft
Building Size: 1,315 Sq Ft
This property is being sold under Power of Sale contained
in a Mortgage to FINANCE CORPORATION OF BAHAMAS
LIMITED.
All offers should be forwarded in writing in a sealed
envelope, addressed to the Manager, Royal Bank
Collections Centre, P.O. N-7549, Nassau Bahamas and
marked "Tender 4042". All offers must be received by the
close of business 4:00 p.m., Friday 1st February, 2008.









NOTICE
RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the
following:
"ALL THAT" piece parcel or lot of land being Lot #26 Frelia
Subdivision, situated in the Southern District on the Island
of New Providence one of the islands of the Commonwealth of
The Bahamas. Situated theron is a Single Family Residence,
consisting of (3) three bedrooms (2) two bathroom.
Property Size: 5,000 Sq Ft
Building Size: 1,220 Sq Ft

This property is being sold under Power of Sale contained
in a Mortgage to FINANCE CORPORATION OF BAHAMAS
LIMITED.
All offers should be forwarded in writing in a sealed
envelope, addressed to the Manager, Royal Bank
Collections Centre, P.O. N-7549, Nassau Bahamas and
marked "Tender 1938". All offers must be received by the
close of business 4:00 p.m., Friday 1st February, 2008.


BISE ISSS
Pricing Information As Of: C F A L'"
Wednesday23Janua 2008

52wk-Hi 52wk-Low Securit y Previous Close Tody's Close Change Daily Vol. EPS $ Div $ PIE Yield
1.69 0.64 Abaco Markets 1.69 1.69 0.00 0.157 0.000 10.8 0.00%
11.80 11.00 Bahamas Property Fund 11.80 11.80 0.00 1.502 0.400 7.9 3.39%
9.62 8.03 Bank of Bahamas 9.61 9.62 0.01 2.000 0.612 0.260 15.7 2.70%
0.85 0.80 Benchmark 0.85 0.85 0.00 0.188 0.030 4.5 3.53%
3.74 1.85 Bahamas Waste 3.66 3.66 0.00 0.289 0.090 12.7 2.46%
2.70 1.25 Fidelity Bank 2.65 2.65 0.00 0.068 0.040 45.7 1.51%
12.50 10.00 Cable Bahamas 12.50 12.50 0.00 1.030 0.240 12.1 1.92%
3.15 2.00 Colina Holdings 3.14 3.14 .. ........Q......Q. .................o0.. 0.040o---101r.3 .- '.'2
8.50 4.31 Commonwvaltra ank-(S1-.---- '8.3t" .. 8."I 02 -0.33 11,233 0.426 0.260 18.8 3.24%
7.22 4.74 Consolidated Water BDRs 4.99 5.31 0.32 0.129 0.052 38.7 1.04%
2.60 2.20 Doctor's Hospital 2.30 2.30 0.00 0.316 0.020 7.3 0.87%
7.40 5.70 Famguard 7.40 7.40 0.00 0.713 0.280 10.4 3.78%
13.01 12.30 FlnCo 13.01 13.01 0.00 0.829 0.570 15.7 4.38%
14.75 14.25 FirstCaribbean 14.60 14.60 0.00 0.914 0.470 16.0 3.22%
6.10 5.18 Focol (S) 5.18 5.18 0.00 0.359 0.140 14.4 2.70%
1.00 0.54 Freeport Concrete 0.77 0.77 0.00 0.017 0.000 45.3 0.00%
8.00 7.10 ICD Utilities 7.25 7.25 0.00 0.411 0.300 17.6 4.14%
11.00 8.60 J. S. Johnson 11.00 11.00 0.00 1.059 0.610 10.4 5.55%
10.00 10.00 *Premier Real Estate 10.00 10.00 0.00 1.167 0.600 8.6 6.00%
52wk-Hi 52wk4.ow Symbol Bid $ Ask $ Last Price Weekly Vol. EPS $ Div $ PIE Yield
14.60 14.25 Bahamas Supermarkets 14.60 15.60 16.00 1.160 1.185 13.4 8.12%
8.00 6.00 Caribbean Crossings (Pref) 6.00 6.25 6.00 0.000 0.480 NM 7.80%
0.54 0 20 RND Holdins 0.35 040 0.20 -0.023 0.000 N/M 0.00%
0i20RN Holdainsth.-o*untare So ga 8ourntlei ; '''a
41 00 -l00 ABDAB 1 00 4300 4100 4450 2 '50 90 6 70-:
14.60 14.00 Bahamas Supermarkets 14.60 15.60 14.00 1.160 1.125 13.4 7.71%
0.55 0.40 RND Holdings 0.45 0.55 0.45 -0.030 0.000 N/M 0.00%
52wk-Hi 52wk-Low Fund Name NA V YTD% Last 12 Months Div $ Yield %
1.3773 1.2647 Colina Money Market Fund 1.376507'
3.7969 3.0569 Fidelity Bahamas G & I Fund 3.7969"
3.0008 2.4723 Colina MSI Preferred Fund 3.00076"
1.2920 1.2037 Colina Bond Fund 1.291985" /
11 8192 113545 Fidelity Prime Income Fund 11 8192"*
1i. LL R E i L 9L. i ... : IL ?'. o Q.1 9 J.' 4 J' L .'-"
52wk-HI Highest closing price in last 62 weeks Bid $ Buying price of Colino and Fidelity
52wk-Low Lowest closing price in last 52 weeks Ask $ Selling price of Colinn and fidelity 18 January 2008
Previous Close -Previous day's weighted price for daily volume Lest Price Lost traded ovor-lho-countlr price "- 31 December 2007
Today's Close Current day's weighted price for daily volume Wookly Vol. Trading volume of tie prior week *" 31 October 2007
Change Change in closing price from day to day EPS $ A company's reporlod earnings per share for the last 12 mths
Daily Vol. Number of total shares traded today NAV Not Asset Value
DIV $ Dividends per share paid in the last 12 months NIM Not Meaningful
P/E Closing price divided by the last 12 month earnings FINDEX The Fidelity Bahamas Stock Index, January 1. 1994 = 100
(S) 4-for-1 Stock Split Effective Date 8/812007
1) .- 3-for-1 Stock Split Effectivy Dale 7/1112007


I


BUSINESS









THE TRIBUNE


THURSDAY, JANUARY 24, 2008, PAGE 19B


COMI


Tribune Comics


ACROSS
9 Ir the past tnl e. eIt other r.',,r
oult wh I8)
10 Mounlarnd, turning go olll3)
11 Hocnjyou Said jalw.ay '.,eep rrn
windows .oper'i 61
12 l.e girl upset, hal I.: ,he bai.: ,ri5.J,
(16
13 Words l praise I ulter uithiarnl,
about the brllsr 17)1
14 A gleal lgurej and ,arilj vi wj)
Mih. too t()
15 haviri4 tI.l ore's cy'i.tI ru.,itJ by

17 Deny. lo' the ileoid, a ma iuirlirn ol
the mail (81
18 Worls out fium it', buly sliapl s ?i
19 Taked ult ",,,iror 'elbat' (14)
21 WIal the ball and ichai cavr u 1tu)
eat 161
24 Dorngone's best lo prl"llude
requIred "rlrslor' (5.2 3.')
27 Heats. spring ih.ecoldc:,iler.l...l
the pou h 61
29 Cooks andrdefraudt141t
30 Rkl o vice ard rmao e mciny in Itr
prices') 15.21
33 Fold up and all lit In e ll.: wooI d
casrrg ()
35 By alloul O lE-i l. a ,urtn isluur, d I.
prederess(r 10|
36 "Gaie vcu stunier. ur.le is tia '
14I
37 lou (ar,ill lthe riiT, .. rw
hy.itr.,, 171
38 Step lae.-i Il er.s,.je *u. rmit., lht
heights 16
40 Plovidlng vjlh. v ril] I !iivyii. ijul
one's ior 1(61
41 Saidil'ssellF rE isdl(il
42 D te8 e d tAOul tlhe QJcl ...,-r I ,, ...I
18)


DOWN
1 Up tilhIhelh ar lil'(1 tl
2 iE:eilt a ram.Iu. i.Ill Ilitian(4)
3 Maler.al rneeded. shouldd vital body
pa., I L, i ,,i iirirr,l SB)
,1 j,:'.q wybo ol 1r 'll;,ulEl 17)
5 GiCVe.grod lea(hirl I.:. a. 10
r lowing public : Opir,or, Ill)
6 As hellood abti's wv. l es15 (6,4)
7 l',opv:o,' I HII Ihe ttall Ih
rn- xl'd |ttl
8 :uIii,, IiE uILild 11l I,:I -i
oul.d', 181
10 50 churlm y willl. II up.id (5)
16 Feed, .ira,,ni grut. it, spjoon-bender
thereir,17)
10 Ma a,,i d Ior lr ior,nce. IC,,limb
,TOrrnlr, tS1
22 Tlihough slaiqiely lari. dc. ppealto
I t)
23 1 Me ,d he lulqqted .: u.e being
ruE l (4 1i
25 rt.n, qv reqluied i... '.io,, your dislike

26 Suii'lhl i'ij iem ,Luier sp.ae seen, is
cl I, ly drin.i'.j, tby it .1)
2R Fuel Ijvellirn abr.).tl illit tips that
3c |' I ;e. lv | l


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341 Wr. lt ab, l,.. l: i.: rpotect ther
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I5 IriTe .IJ qll dO1 e. El tci l.:'. i.q (5)
l') IIt jr, I,,, entir l I'lli rg proof of
C.' -i hir. (.I l


'. -Conract Bridge


By'Steve Becker j


The Step-by-Step Approach


East dealer.
Both sides vulnerable.
NORTH
+9643
VQ53
*104
+9642
WEST EAST
+5 4AKQJ1072
VAJ987 V42


*7653
+10 7 5


4-
+QJ83
SOUTH


48
VK 106
*AKQJ982
*AK
The bidding:
East South West North
1 + Dble 2 V Pass
4 + 54 Dble
Opening lead -- five of spades.
Everyone knows that each player
is dealt 13 cards and that each suit
contains 13 cards, but many players
neglect to take full advantage of this
knowledge. If they referred to that
magic number more often, they
would find that the play of the cards
is not nearly as difficult as it some-
times seems to be.
Here is a simple exercise utilizing
the number 13. East wins the open-
ing spade lead and continues the suit,
South ruffing with the ace of dia-


monds. Declarer next plays the king
of trumps, East showing out.
It is only trick three, but South
already knows a great deal about the
unseen hands. He knows West
started with exactly one spade and
four diamonds, and also knows from
the bidding that West has at least five
hearts headed by the ace and most
likely the jack.
At least 10 of West's cards are
consequently known to be lodged in
three suits, which is merely a differ-
ent way of saying that West has at
most three clubs.
All declarer has to do now is to
take advantage of this knowledge.
He should realize that if he simply
draws trumps and then plays a low
heart to the queen, he will very likely
lose two heart tricks and go down
one.
To stop this from occurring, he
should cash the A-K of clubs, then
lead a low trump to the ten and ruff a
club. This elinunates West's clubs.
South next draws West's last two
trumps, reducing all hands to four
cards, and plays the king of hearts.
West, with only the A-J-9-8 of hearts
left, must win with the ace and return
a heart, allowing declarer to score the
ten. If West doesn't take the first
heart, he makes South's task even
easier.


I ARGE


I To B rtRRptF Lv CtiNUS P I


TIGER


The

EIWITWWI
words la
thea SlnC
I I kodyo

Century

R D T 1199

HOW many words of our letters
or more can you make from the'.c
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
lurals.
DAYS TARGET
Good 27; very good 40; excellent
54 (or more). Solution tomorrow.


Tribune

Horoscope


By UNDA BLACK


THURSDAY,
JAN 24
AQUARIUS- Jan 21/Feb 18
No plans for your birthday,
Aquarius? Why not think creatively
and coordinate a hiking trip with
friends. The countryside looks beauti-
ful snow-covered. Virgo will h'lp
PISCES Feb 19/March 20
Have you been waiting for some
good luck to come your way, Pisces'
Well, this week it just may arrive in
the form of an overdue check. Spend
the money wisely, but have fun.
ARIES March 21/April 20
Conceit can get you into trouble, Aries.
but you seem to ignore all wanr ing
this week. A coworker get defte:i.'ic
as a result. Money matters seem ulcik
- reconcile bank accounts.
TAURUS April 21/lMay i
A great opportunity : is
Tuesday but you may be too b.u .
see it coming. It's best it you tIake
the day off to make the mos atc thiI
one-time deal. Libra is key.
GEMINI May 22/June 21
You haven't been feeling .our )c-t.
Gemini, and this week probab't il!
be no better. Relax, lay low for a
while and try to recuperate. A special
friend drops by for a visit.
CANCER June 22L.ulk 22
It seems you've gotten yoi1:zI'lI
into another work bind. iYo. List
can't seem to find a place to v.ork
that interests you, Cancer Keep
'looking; don't settle foi ju:, .iny-
thing. Aquarius helps out
LEO July 23/August 23
Have you been feeling loneLi, Leo? It
might be time to invite over some
friends to help beat the ~rtei bhle
Thursday seems a good Lda\ for late
dinner. Romance could follow!
VIRGO Aug 24/Sept 22
Too many road trips have puti \ n.e
on your car, Vi:-go. You lust r:,ide
the investment, so lake it eas. tor
a while. Tuesday is a good day tot
relaxation -- something you need
LIBRA -- Sept 23/Oct 23
You've decided to jump in aiid
finally get that pesky !task dune
that's been haunting you. Goo '.
you! Wednesday is ail I lei'ciiul
day, so sleep in and enjoy, it
SCORPIO Oct 24/No' 22
A better mood keeps you lixcl\l this
week, Scorpio. When y-ui'.'re ; !
roll no one can match.yotl vil.rk
effort so make sure the boss sees all
of your hard work.
SAGITTARIUS -Nov ZVlXec 21
It seems you've been pon.ierMin
starting a new business. Reimemiber,
being self-employed has its beinelit
but also several downfalls -- con-
sider them carefully. Capiricorn is
the one to watch out for this \\cek
CAPRICORN -- Dec 22/Jan 20
A tip to the doctor has you mending sonic
of your wild ways, Capricorn. No\w is iin
the time for fun and ganms but a ;1, ecititi-
tion on setting a course foi oun lumiie.
Expect Friday to be \veiy e\ctingi


CHESSbyL nrBa-grdenS .


ALRUtS
9 Periodical puhlcation (8)
10 In favour (3)
11 Public speaker (6)
12 Travelling show (6)
13 Pilot's compartment (7)
14 Prayer ending (4)
15 Breakfast ceeal(10)
17 Inspects carefully (8)
18 One more (7)
19 Competent (4)
21 Most recent (6)
24 Fantastic, irrational
(5-2-10)
27 Mark ofdisgrace (6)
29 Objectives (4)
30 Pupil (7)
33 Former British coin (8)
35 Wasted (10)
36 Dread (4)
37 Naval commander (7)
38 Permits (6)
40 Hit (6)
41 Iistachio, say (3)
42 Supports, reinforces(8)


DOWN
1 Amerkanstate (10)
2 Body powder (4)
3 Make or become
liquid (8)
4 Glazed currant bun (7)
5 Understands (11)
6 David Beckham,
say (10)
7 Jungle expedition (6)
8 Having nowhere to
live (8)
10 Selects (5)
16 Open-meshed
material (7)
20 Sweepingimplement(S)
22 Nonsense (7)
23 Blown-up photo (11)
25 Obliterates (10)
26 Drudgery (6-4)
28 Parody (8)
31 Feeler (8)
32 Cradle song (7)
34 Root vegetable (6)
35 Swagger(5)
^ ,._. I.A I


Evgeny Alekseev v Zhang
Pengxiang, Russia v China, Nizhny
Novgorod 2007. Beijing's chess
chiefs want their country to be
number one in the world, which
would be a remarkable feat
considering that Chinese chess,
which has different rules, is still the
game of choice for most of their
public. Already they have won the
women's gold and the men's silver
medals at the 2006 Olympiad but
their real target is to surpass Russia.
The recent team match ended 52.5-
47.5 in China's favour, but it was a
somewhat hollow victory since for
various reasons Russia did not field
any of its elite grandmasters.
Moreover, Russia's B squad gave the
visitors plenty of problems, notably
in today's puzzle where rising star
Alekseev, 22, had the experienced
Zhang Pengxiang in trouble right
from the opening moves. Here
Black's army is badly co-ordinated
with White's e6 pawn a damaging
outpost. Black's last turn was


.520











b-- ,
u gs_ e -sSt g
a al ir I

queen's side castling, and hie hoped
for the obvious 1 exf7+ e6 2 Bxe6,i K;i
3 Qe5+ Bd6 4 QxaS Bc7 and White still
has to work for the point. However,
Russian champion Alekseev's actual
move was much stronger and Black
had to resign immediately. What was
White's knock-out punch?


LEONARD BARDEN


Yesterday'lcrypfit solutions ; v9 lenty()ll
Yesterday's cryptic solulionsYesterday's easy solutions
ACROSS 1 'el.'uS ""'.,j .;, i '.ui.i' 1'_-, y.T,. '1' i. r., r HB.f 15s ACROSS: 4, Utildy 7, Pettlest 1Thllam 10, Cramp 13, lHep 14,Kepl 15, Harp 16,
S1 LI. 16 I 17 WI,, E r 2'1 "1 ,,.I Il, HI. .i L,, P OM 27 Amp 17,t" 19, PnIt 21, Pertinent 23, Perl 24, Tone 26, Got 27, Claw 29, Rent
EIer L U.TI .. ,.] j. ,11,' ". u,,, ,,.,. L, 32, Skit 33, Strew 34, Desist 35, Hulu orous 36, Stance
D.:.Wr I I Tr To ,- ...,,, ..... : ., l an DOWN: 1, Speck 2, Strap 3, Lisp 4, Utler 5, Trap 6, Dreamt 9, Happen 11, Rod 12,
Ii Rl r. ir 1i ,., it, It ,,. w ,, l ,, .i' e i AI-M Mlser 13, Habitat 15, Hut 16, Ant 18, Tricks 20, Inert 21, Pet 22, Now 23, Potent
SL. ir. i Hc, ,e, C. B u. .. ., ', L..:, r11 .,:,,,. ,".,. *i] 26, One 28, Lithe 30, Error 31, Twist 32, Sign 33, Show
CI,:lr t ,uI .


JUDGE PARKER


APARTMENT 3-G


MARVIN


I CRYPTIC PUZZLE I


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PE T


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Insurer accused


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against


Haitian clients


* By JENNIFER KAY
Associated Press Writer
MIAMI (AP) A life
insurance company previous-
ly sued for discriminatory polio
cies against blacks is nowv
accused of bias against three
Haitian-Americans, who were
asked leading questions about
their foreign travel plans or
called by underwriters listening
for a "Haitian" accent, accord-
ing to a federal lawsuit.
The class-action lawsuit by
three policyholders alleges that
since 2004, Liberty National
Life Insurance Company has
denied policies "based solely
on the applicant's race and
Haitian ancestry, ethnicity and
national origin," or replaced
them with policies normally
only sold to the terminally ill.
Two policyholders in Palm
Beach County qualified for
standard life insurance poli-
cies, but claim they were later
issued different policies that
had higher premiums and low-
er benefits.
A St Lucie County policy-
holder was issued a 10-year,
$100,000 life insurance policy
that he said was canceled two
years later after an underwriter
called him and subtly asked
him in friendly conversation if
he planned to ever visit Haiti.
He replied that he would like
to visit Haiti in the future, but
at the time had no money for
the trip.
The underwriter then told
him his policy was immediate-
ly canceled, according to the
lawsuit.
' Joyce Lane of Torchmark
Corporation, the parent com-


pany of Alabama-based Lib-
erty National, said she was
unfamiliar with the case and
would not comment on an
active lawsuit.
The new allegations are sim-
ilar to ones Liberty National
face several years ago. It was
accused of selling policies to
blacks for higher premiums
and lower benefits than to oth-
er customers. The company
settled the nationwide class-
action lawsuit for $6 million in
2006.
The Florida lawsuit seeks at
least $75,000 in damages.
"Liberty has known that the
targeted members of the black
Haitian-American community
are generally unsophisticated
with respect to understanding
the details of insurance and
financial dealings and are ill-
equipped to understand the
technical language of Liberty's
life insurance polices," said the
lawsuit filed January 14 in Mia-
mi federal court.
More than a turd of the
country's Haitian population
lives in Florida, according to
the United States Census.
Liberty National trained
Haitian-American sales agents
to sell life insurance policies
door-to-door in Haitian com-
munities, according to the law-
suit.
Starting in 2004, Liberty
National began denying or
rejecting standard life insur-
ance policy applications filed
by those sales agents, even
though the applicants met the
company's requirements, the
lawsuit alleges.
The application cannot by
law ask about an applicant's


race, national origin or ethnic-
ity. However, Liberty Nation-
al underwriters allegedly asked
whether applicants had previ-
ously traveled or wanted to vis-
it Haiti. Some underwriters
also called applicants to "lis-
ten for a 'Haitian' accent," the
lawsuit states.
Life insurance companies
routinely ask potential policy-
holders about their-foreign
travel, along with questions
about smoking or risky hob-
bies such as skydiving, said
James Hunt, a life insurance
actuary with the Consumer
Federation of America.
They cannot terminate a pol-
icy because of foreign travel,
but can refuse to issue one in
the first place, Hunt said. Com-
panies also have a limited
amount of time to contest a
policy and rescind it if infor-
mation on the application was
misrepresented, he said.
"If you're going to Iraq,
nobody wants to write you a
life insurance policy," Hunt
said. "Most of us know Haiti
can be a dangerous place."
The US State Department
has issued a travel warning for
Haiti, due to ongoing security
concerns in the impoverished
Caribbean country, including
the risk of kidnapping.
The lawsuit also claims that
many applicants were also
asked to provide immigration
papers, a Social Security card
or a driver's license docu-
mentation not demanded of
other customers.
The lawsuit also alleges that
the company failed to pay
death benefits due on policies
sold to Haitians.


6 Xa


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& a


WIin a lot !


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For more information visit any branch of FirstCaribbean International Bank.
Or call:
New Providence 502-6800/01
Family Islands 1-242-300-2255


The prizes get bigger
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December $2,500
January $3,500
February $5,000

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FIRSTCARIBBEAN
G~T THRN TOGONA HE .N
GElT THERE, TOGETHER.


ri~;^"ir~~"~~`"""""'~"`~-`~U~-- I-


PAGE 20B, THURSDAY, JANUARY 24, 2008


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ARF 4A THURSDAY. JANUARY 24, 2008


I HE I HIbUNt


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AIRWICK
170 g SOLID or
8 ozAEROSOL
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BUY 2 GET 1 FREE
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32 oz Asst'd
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CAMPBELL'S
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BUY 1 GET 1 FREE
200g
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CHEF BOYARDEE
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KRAFT
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You can count on us to make your January a little e
Store Hours: Mon. to Sat: 7:00am 9:00pm (except Lyford Cay) Sun: 7:00am to Noon all stores, except Lucaya open until 2pm and Harbour
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HUNT's
36 oz SQUEEZE
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. $1.99


-


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()


Many Everyday Groceries
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PAGE 24, THURSDAY, JANUARY 24, 2

| THURSDAY EVENING

7:30 8:00 8:30


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(:00) CSl: Mia
Golden Para-

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ews America

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pet (CC)
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Company (CC)


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The Floridia Election 2008: The
Primary P (CC)

CS: NY The CSI team has a long
list of suspects when a woman is
nluideied in a hospital. 1) (CC)
Chuck "Chuck Versus the Under-
covow Lover" Chuck learns. (N) Pr
(CC)
Are You Smarter Than a 5th Grad-
er? The Dallas Cowboys Cheerlead-
ers help a contestant.
Ugly Betty Betty thinks she has
been assigned to interview a great
novelist. (N) P (CC)


JANUARY 24, 2008_______


9:00 1 9:30 10:00 110:30


Presidential Debate Coverage of the debate between Republican candi-
dates. Sponsored by the Des Moines Register. Pr (CC)


CSI: Crime Scene Investigation
The team looks into the hanging
death of a young man. A


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CNN Election Center


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LIFE S Getting Mar- care ol Brock. Pn Henry. n (CC) George Carlin. Ayoung woman changes the life of a single father. (CC)
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from 3:30pm to 4:30pmu duinAg the

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Enjoy Great Food, Prizes and Lots of Fun.




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