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The Tribune
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Permanent Link: http://ufdc.ufl.edu/UF00084249/00981
 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: March 19, 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: UF00084249:00981

Full Text



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HIGH 85F
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The


Tribune


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BAHAMAS EDITION
BAHAMAS EDITION


Work begins on

$1.3bn resort


* By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net
THE Albany developers broke
ground Tuesday to start develop-
ment of the $1.3 billion resort.
They also denied rumours that
the project was in jeopardy
because of the major stock mar-
ket loss over the weekend of one
of its principal investors.
- "We've been working diligent-
ly for about three and half years
to get to this day, we spent about
$80 million getting to this day-
but the long and the short of it
is, that we're ready to get going at
Albany.
"We broke ground today on

Senior police officers
promoted to acting
asst commissioners
By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net
FOUR senior Royal Bahamas
Police Force officers have been pro-
moted to the rank of acting assis-
tant commissioners of police:
Chief Superintendents Hulan
Hanna, Quinn McCartney, Shan-
nandor Evans and Raymond Gibson
were selected as a requirement of
the Force,Acting Commissioner of
Police Reginald Ferguson confirmed
Tuesday morning.
During a brief telephone inter-
view before he was due to board a
flight, Acting Commissioner Fergu-
son told The Tribune,
"Yes those four officers (have)
been elevated to that post."
SEE page 10


the new road, there's tractors out
there working, which is exciting
and we get to make this
announcement today," Albany's
managing partner Christopher
Anand said at a press conference
held at Albany House yesterday.
These comments came after
widespread speculation over the
future of Albany after news broke
that the project's primary
investor, billionaire Joe Lewis,
lost more than $800 million when
Bear Steams investment firm col-
lapsed over the weekend.
Mr Anand said the Bear
Steams loss was "irrelevant" to
SEE page 11







THE Torch Bearers Asso-
ciation yesterday blamed PLP
leader Perry Christie of
"another clear attempt" at
misleading the general public
on the facts surrounding the
Baha Mar "secret project".
Responding mainly to Mr
Christie's comments at a pre-
vious press conference, the
youth wing of the governing
FNM party issued a press
release yesterday stating that
Mr Christie must be of the
impression that the youth of
the nation are not keeping
SEE page six


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bers of the press yesterday. .. ... .. -
Pleasant


Bridgewater's
sister testifies
in election
court case
* By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net
THE turbulent marriage of
Peggy Bridgewater, sister of
Pleasant Bridgewater, again fea-
tured in Election Court yester-
day as Zhivargo Laing's attorney
challenged the assertion that she
lived in Marco City during the
six-month period leading up to
the last election.
In testimony on Monday, Ms
Bridgewater told the court that
she moved in and out of the 137
Gladstone Terrace residence in
Marco City that she and her hus-
band occupied numerous times
in 2006, before returning there in
November of that year. As a
result of a significant incident that
was not revealed in court, Ms
Bridgewater finally left the home
permanently in February 2007,
according to her testimony. A
doctor's assistance helped her to
make this decision, she said.
The witness expanded on this
testimony yesterday under cross-
examination by Fred Smith, Mr
Laing's lead counsel.
Ms Bridgewater said that she
and her husband Claridge Kemp
had problems throughout their
marriage.
During the 2006 period in
which Ms Bridgewater had to
leave her marital home at Glad-
stone Terrace on several occa-
sions, she sought refuge at a fam-
ily home at 153 Juniper Lane.
In yesterday's testimony she
revealed that she did so to avoid
violence. She said it was neces-
sary to protect herself and her
SEE page 11


HOWARD K Stern, the compan-
ion and long time attorney of the late
Anna Nicole Smith, testified yesterday
that he was shocked that Daniel Smith
reportedly died of a drug overdose as
he had never witnessed the 20-year- a
old taking methadone or any illegal d
substances.
Stern yesterday also denied that
Anna Nicole had accused him of the E
death of her son. Several witnesses iP
have testified that a significant amount
of the drug was found.in the 20-year-
old's system. In January US toxicologist
Dr William Lee Hearn told the court that based on the amount of methadone
found in the 20-year-old's system, he had taken the drugs to three hours before
he died.
Stem, who was the only witness to testify at the Daniel Smith inquest yes-
terday, said that he could not believe that Daniel had died of a drug overdose
despite the toxicology reports. Stern told the court of how he had initially
thought that the food which Daniel had eaten the night he died was poisoned.
Stern also told the court that he had never seen Daniel take a bottle of
methadone or any illegal drugs but recalled seeing Daniel drink alcohol on
three occasions.
Stem told the court of how he came to know Anna Nicole and her son
SEE page 10


Residents claim
police chase
almost resulted
in boy being shot
MEMBERS of an inner-city
community were outraged yes-
= terday after a police chase,
; according to them, almost
s resulted in a young boy being
R shot.
E Asst Supt Walter Evans said
i that at 1pm yesterday officers
M of the Drug Enforcement
3 Agency saw a man acting sus-
E piciously on Lincoln Boulevard.
After spotting the police, the
man reportedly dropped the
food he had been eating and
attempted to flee the area on
foot.
Mr Evans said that the DEA
officers gave chase and were in
turn chased by a pack of stray
dogs.
At this point, Mr Evans said,
the officers fired at the dogs and
may have hit one.
However, residents in the
area claimed that the shots fired
only narrowly missed hitting a
SEE page 11
Christopher
Esfalds' sister
writes letter to
senior health
authorities
By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net
EITHER the board that licens-
es private medical facilities must
investigate the circumstances sur-
rounding the death of a patient at
Doctor's Hospital or the act gov-
erning the board should be
amended to remove its legal
obligation to investigate matters
affecting patient care in such facil-
ities, it was claimed yesterday.
Leandra Esfakis, attorney and
sister of the late Christopher
Esfakis, has suggested in a letter
to senior health authorities that
these are the only two options
available if the rule of law is to be
"saved." Her letter is the result of
the death of her 42-year-old
brother in Doctor's Hospital on
April 22,2002.
Coroner William Campbell
said in April 2008 that her broth-
er's very high chance of survival
assessed by several'doctors as
between 90 and 97 per cent -
was "partly frittered away by the
cumulative errors in his medical
care" during the two days he was
treated at the hospital. Mr Camp-
SEE page 11


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Inter-American Development Bank
hits back at former BEC chairman
N By KARIN HERIG
Tribune Staff Reporter
kherig@tribunemedia.net
THE Inter-American Development Bank yesterday hit back at
former BEC chairman Al Jarrett, stating that his recent comments
regarding the bank's lending terms were misleading and unfair.
Mr Jarrett, speaking as a guest on the Love97 talk show "Jones
and Company" last week, said that while most people think that the
IDB is a remedy that provides "good loans as you improve as a
country," many of BEC's debts were generated by the IDB.
He further said that BEC was paying almost 300 per cent more
interest on loans they got from the IDB than the corporation
SEE page six


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PAGE WEDESDA, MARH 19,2008THE TIBUN


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Experts sought to



assess damage from


oil tanker grounding


* By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net
THE government is searching
for outside experts to carry out
an assessment of the damage
caused by the grounding of a
Shell-managed oil tanker off the
coast of New Providence in Feb-
ruary.
Eric Carey, director of the
Bahamas National Trust (BNT),
said that the trust has been work-
ing in conjunction with the
Bahamas Environment Science
and Technology (BEST) Com-
mission and the department of
marine resources on getting the
situation dealt with as soon as
possible.
"They're putting together a sys-
tem, a mechanism to get every-
thing assessed. They're going to
have a team coming in from Flori-
da probably ... they've sent out
requests for proposals, so the gov-
ernment can have its own inde-
pendent and full assessment," he
said.
The oil tanker FICUS ran
aground at around 9am on Feb-
ruary 28 off Gottlding Cay, which
sits near the coast of western New
Providence. At the time of the


grounding the double-hulled
tanker was carrying 120,000 bar-
rels of oil along with other
"clean" oil products and was en
route to unload at Clifton Pier.
It could not be dislodged from
the rocky underwater peninsula
until a successful effort to pump
off some of its load lightened the
ship and enabled salvage experts
to move it a week later.

Concerned
While many initially feared that
an oil spill may have resulted'
from the incident, that potential-
ly ruinous eventuality failed to
materialise, and concerned par-
ties were left to speculate about
what damage may have been
caused to the reef in the area by
the 44,788 ton vessel.
In a press conference on March
3, Minister of Labour and Mar-
itime Affairs Dion Foulkes said
he would await a report from
BEST on the extent of that dam-
age before the government deter-
mines what compensation may
be in order.
Mr Carey said he is not sure
how long it will likely be before a
company is selected to do this


work, but he emphasised that all
agencies are aware that time is of
the essence.
"All I can say is that Mr
(Phillip) Weech (BEST director)
and his staff are constantly in con-
tact with some of these compa-
nies trying to get proposals. I
know that as soon as they can get
all of the proposals in, a quick
review will be done, because they
want to get it assessed while the
damage is still fresh obviously."
Emphasising that the BNT is
only acting in a "supporting" role
while the government takes the
lead in the matter, Mr Carey said
that he believes the "intent" is
that any costs associated with the
assessment effort will be charged
to Shell, who managed and oper-
ated the wayward ship.
However, he added that the
government will not "wait for
Shell to pay for this assessment"
before it moves forward.
Yesterday Mr Weech said he
did not wish to comment publicly
on the commission's efforts,
except to say that they are moving
to ensure a "comprehensive
assessment" is carried out.
Minister Dion Foulkes was said
to be out of office until March
25.


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- -I II -~---~- I~-`p~x~~`~`-~~ ----~ --


~I I I I __ I I I 1


THE TRIBUNE


PAGE 2, WEDNESDAY, MARCH 19, 2008










TI-IL CIAINW W E M


'Stop this cruelty

to sea turtles'










1- BLOODIED: The pho-
to shows the grazes
Baham as where the lower cara-
pace (shell) of the
fisher en Arawak Cay Loggerhead
had been bleeding as it
accused of was pulled along the
road on the rope
mistreat ent attached to one flipper.
mistreatment

* By KARIN HERIG
Tribune Staff Reporter
kherig@tribunemedia.net
LOCAL fishermen are being accused of mistreating sea turtles
and holding them for ransom by charging "exorbitant" sums to
those seeking to rescue the animals.
This charge was made yesterday by the Animals Require Kind-
ness organisation, which hit out at the treatment of sea turtles by
Bahamians.
Debbie Krakowski, vice-president of the non-profit organisa-
tion, said in a statement yesterday that a large sea turtle was
grossly mistreated at the Montagu ramp last Sunday.
"The turtle was, as has become the custom, left flailing on its
back on the ramp while local fishermen and local bystanders
jokingly discussed its plight," she said.
Ms Krakowski claimed that this kind of behaviour towards
sea turtles has become more frequent at the Montagu fish market
- "to the horror of our paying guests, who cannot understand how
we can be so cruel."
She said that the situation has apparently reached a point
where fishermen realise that there are those who would do what-
ever they can to protect the sea creatures, including offering to buy
the turtles alive. "As a consequence, the turtles are being held to
exorbitant ransom," she said.
Ms Krakowski said that members of Animals Require Kindness
have paid as much as $500 to buy a live sea turtle from fishermen.
The organisation's vice-president explained that a number of
local agencies, including the Bahamas Humane Society, the
Humane Society of Grand Bahama, ReEarth, Ark and the
Bahamas National Trust, have petitioned government to pre-
vent cruelty towards sea turtles and other animals.
"Regrettably this administration as well as its predecessors
remains silent on these matters pertaining to the environment, yet
there are a number of our Caribbean neighbours who have
moved positively to protect these creatures and others.
"Are we to leave nothing to our children and their children after
them?" she asked. Ms Krakowski said that although the Bahamas
holds itself to be a leader in the region, it remains a third world
country in terms of its actions and attitude towards the environ-
ment.
"There are opportunities to be had from eco-tourism, yet we
14ck the foresight to take advantage of them. As we mistreat
those helpless creatures with whom we share our space, so do we,
with ever increasing frequency, mistreat each other," she said.


* By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net
AN early morning shooting
in Sea Breeze Estates left a
young man in hospital and a
gunman on the loose, police
reported yesterday.
Press liaison officer Assistant
Superintendent Walter Evans
said that around 2am on Tues-
day, a 24-year-old man and his
19-year-old female passenger
were parked in the Sea Breeze
Estates area when they were
approached by two men.
The victim told police that he
noticed one of the men was
armed with a weapon and
therefore sped away. Gunshots
were fired in the direction of
the car, and the 24-year-old man
was hit in the back.
"The injured man travelled
west on Prince Charles Drive
to Robinson Road where he hit
a utility pole cable near the Mall
at Marathon," ASP Evans told
The Tribune.
The victim was taken to the
Princess Margaret Hospital
where his condition was
unknown up to press time yes-
terday.
The victim told police one of
the assailants was six feet, two
inches tall, while the other was
five feet, 10 inches.
Mr Evans said police inves-
tigations into the matter con-
tinue.
In other crime news, two men
are in police custody following a
drug arrest in the Robinson
Road area early Sunday morn*
ing, police reported yesterday.
According to a statement
released by Assistant Superin-
tendent Walter Evans on Tues-
day, shortly after 12am Sunday,
officers from the Grove Police


Station were on patrol on
Robinson Road near Baillou
Hill Road when they saw two
men on a motorbike acting sus-
piciously.
As police approached the
men, a clear plastic bag was
found on the ground, ASP
Evans said. Upon examination
'of the bag, officers found 20
packets containing a small
quantity of cocaine, police said.
A 22-year-old man and an 18-
year-old youth were arrested in
connection with this matter.


Share
your

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


S.
OP^EN^^^
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YOUR H OPI NGJ^T'M


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Fax: 326-9953I
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Harbour Green Shops at Lyford Cay
(next to Lyford Cay Real Estate) Tel: 362-5235
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Telephone : 362 4774 x245


The OlySh o.i 9 arbean ffeingtheFul ISProra


Man, 24, in hospital after




early morning shooting


Victim and woman

approached by two men in i

Sea Breeze Estates area [i 1


Alena Hutcheson -
Class of 2006 :

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WEDNESDAY, MARCH 19, 2008, PAGE 3


THE TRIBUNE


1&




THE TRIBUNE


PAGE 4, WEDNESDAY, MARCH 19, 2008


EDTRIAULETTRS T HEEITOR


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

LEON E. H11. DUPUCH, Publisher/Editor 1903-1914

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

Published Daily Monday to Saturday

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

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



Christie delay slowed Aman project


ALTHOUGH, according to Fred Mitchell,
the Christie government believed it had to
sign as many heads of agreements as possible
because only a few would "come to fruition,"
it seems that Mr Christie was slow in giving
those that did come to fruition the green-
light to get started.
The fact that the Christie government
signed so many agreements, but took them no
further, suggests that Mr Christie did not
give much immediate thought to the quality
of those agreements as they were presented
to him. No wonder investors complained that
nothing happened after the initial signing.
No wonder the Ingraham government con-
sidered it prudent, on coming to power, to
scrutinise each and every agreement entered
into by the Christie government as well as the
investors behind them.
However, there was one project that we
found most curious. Mr Ingraham alluded to
it when he discussed in the House on March
10 the various investment proposals before
his government. It was a reference to the
Aman resort on Norman's Cay.
We say we found this project curious
because sometime in April 2006 both Mr
Christie and Mr Ingraham attended the wed-
ding of Turks and Caicos Chief Minister
Michael Missick and TV star Lisa Raye
McCoy. On his return to Nassau, according
to a source, Mr Christie had been swept off
his feet by the beauty and dramatic setting of
the resort where the wedding reception had
been held. The setting that. eDtranced him
was at Amanyara on Providenciales an
Aman resort.
On Mr Christie's return a source told The
Tribune that Mr Christie and then Tourism
Minister Obie Wilchcombe approached the
resort operators about the possibility of a
similar resort being established in the
Bahamas.
Contacted by a Tribune reporter Mr
Wilchcombe confirmed that the meeting in
fact did take place to follow up on Aman's
"long standing interest" in the Bahamas. We
knew of this long standing interest dating
from Mr Ingraham's first administration, and
the constant reports getting back to us as to
how upset the Aman principals were that
there was no carry-through on their propos-
als when Mr Christie's government was vot-
ed to power in 2002.
One would have thought that having made
such a monumental discovery Mr Christie
would have moved heaven and earth to has-
ten the arrival of an Aman resort to the


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Bahamas.
After Mr Christie made this remark we
were surprised to discover that in fact Mr
Ingraham in February 2002 just before
the 2002 general election when he was voted
out of office had concluded a heads of
agreement to facilitate the development of an
Aman resort at Norman's Cay.
We thought that Mr Christie's enthusi-
asm in actually visiting an Aman resort in
2006 and wanting it here would have been
enough encouragement for him to rush back
to Nassau to restart negotiations. Apparent-
ly, he did start negotiations for a supple-
mentary agreement, in which an attempt was
made to vary the terms and conditions of the
first agreement. However, negotiations were
never completed.
Therefore, we were shocked that Mr Ingra-
ham had to reopen the 2002 negotiations. A
superseding agreement has now been con-
cluded, which is what Mr Christie should
have completed long before the 2007 elec-
tions, and last month on February 18 -
Mr Ingraham presented the final agreement
to the House. Under the heads of agreement,
about 203 acres of land is to be conveyed to
the developer in fee simple and an addition-
al 72 acres will be leased. The agreement
also provides for the developer to post a
US$40 million performance bond to guaran-
tee performance of the agreement. Mr Ingra-
ham said that "payment of such a perfor-
mance bond is unprecedented in the history
of out island development in the Bahamas."
He said that government is retaining the
fee simple title to more land at Norman's
Cay than it is selling. It is also retaining the
fee simple title to both the airport and the
marina, which are to be designated a cus-
toms airport and port of entry. Mr Ingraham
said that these will be the only facilities of
their kind in northern Exuma. It was also
agreed that the expense of maintaining these
ports of entry the airport and marina -
would be borne by the developer.
Of the 201.99 acres held by government, 35
acres are to be "green open spaces to be
retained in their natural state in perpetuity."
Mr Ingraham has recommended that the
House support the resolution authorising the
sale of the Treasury-owned lands to the Exu-
ma Resort Developers Ltd the Aman
resort principals.
If Mr Christie had done this in 2006 Exu-
ma would have by now had a functioning
Aman resort in a more favourable tourist cli-
mate.


My suggestions




for the Abaco




landfill project


EDITOR, The Tribune.
THE Bahamas government
entered into an agreement with
the Inter-American Development
Bank during the latter part of the
1990's in order to finance a coun-
try-wide landfill project, designed
to efficiently deal with all forms of
waste, including potentially haz-
ardous items such as batteries and
appliances.
However, to date, and some 10
years later, the project for Abaco
as still not been completed.
Since the inception of the pro-
ject agreement, a large Bahamian
Government-sponsored housing
subdivision, Central Pines has
been initiated and the first phase
completed.
A second phase has now been
initiated to accommodate the
rapidly growing population of
Abaco.
The unfortunate situation is
that both phases of this housing
project are literally adjacent to
the present Marsh Harbour
garbage dump.
The present system of treating
waste at the dump site is by burn-
ing and pushing into a landfill.
The result is substandard air qual-
ity, rodent and feral animal pop-
ulation increases, as well as a gen-
eral noxious smell in the air over
the subdivision. In addition toxic
and hazardous chemicals are
being leached into the water table
with the potential for catastroph-
ic consequences, roadsides are
ugly, dirty and contaminated.
The new landfill project has
been designed to eliminate these
threats to our.surroundings, to
secure waste and sort it by cate-
gory, to treat and recycle, or
export as necessary. It has also
been designed to eliminate the
dumping of waste along our road-
ways and in the pine forest by
using an intricate system of set-
tlement collection services, move-
ment of waste to transfer stations,
,and eventually to the landfill at
Snake Cay.
The condition of the present
garbage dumps are deteriorating
more rapidly than the increase in
Abaco's population, with the
resulting pollution of local and
dumpsite environments all over
the islandss.
Yet there has been no date set
for this project to be completed
and come into operation. Signs
have been placed, and power
lines delivered to the landfill site
but no sign of operation start up
can be seen. Ten years have
passed, approximately 30 million


dollars have been allocated for
the country wide project, money
has been spent; and now nothing.
WHY?
In addition I would like to
make some comments on the pro-
ject and possible solutions to
some of the problems anticipated
when this waste system eventu-
ally comes to fruition?
Problems include:
1) Opening hours (closed on
Sunday, and 1/2 day Saturday).
2) Distance for domestic
haulage of garden trash
3) Distance for haulage of set-
tlement trash in the examples of
Sandy Point 40 miles; Treasure
Cay 20 miles (then 40 miles);
Crossing Rocks 20 miles.
4) Transport of unsorted
garbage from settlements to des-
ignated sites.
5) Loss of load between settle-
ments and sites (poor loading).
6) Mixing of hazardous and
domestic waste in primary trans-
port (breakage).
7) Distances to be travelled,
and the resulting disposal of waste
along roadways and in the forests
and side road areas. '
8) Local and environmental
pollution and degradation.
9) Location of transfer stations
in environmentally sensitive areas
10) Location of transfer sta-
tions an illogical distance from
the major landfill.
11) Service charge for all
garbage delivered to the site
weighing over 250 lbs.
12) Lack of consultation and
education with the general public.
Maintaining the major landfill
at the Snake Cay site must be
accepted as fact, because it is
almost complete, large financial
input has already been made
from the taxpayers, and no alter-
native site has been suggested. It
must be presumed that the
Bahamian Government is quite
capable of entering into contrac-
tual agreements, and honouring
them, with private operators for
the landfill site.
However, handling and public
participation are completely dif-
ferent matters, as laid out above.
Suggestions would include:-
a) Placement of 40-foot waste
containers in settlements as
demand requires, and local sort-
ing of waste by local council con-


tracts to local operators. This fol-
lowed by haulage of these con-
tainers to the main landfill site to
be, further sorted and, processed.
b) Hours of garbage reception
at the main landfill be extended
to seven days a week, and essen-
tially all daylight hours.
c) Extending charge exemption
to all garden trash, and using it to
manufacture mulch to be recy-
cled to those gardens. (sales?)
d) Encouragement of pre-sort-
ing by households to assist in
landfill efficiency
e) Consultation with local
councils and the public before
final start up.
f) A major publicity and edu-
cational campaign to encourage
the Abaco public (us) to take full
advantage of the system being
offered.
g) The manner of decommis-
sioning of the present dump sites
at various locations over the Aba-
co's.
h) The possibility of placement
of a basic Marsh Harbour transfer
site.
Perhaps we will then obtain a
garbage collection and process-
ing facility that can be cost effec-
tive, efficient, clean and less haz-
ardous. Certainly the residents of
Central Pines Subdivision will be
more appreciative of government
and local councils, as well as feel-
ing a lot healthier.
In addition the roadsides into
and out of the settlements will be
much tidier; pine forest areas will
be less contaminated, and we as
Bahamians may have at last
begun to take care of our sur-
roundings.
As a final word I would point
out that the original design of the
project was poorly thought out
and implemented, as admitted by
the government. This in itself
must be embarrassing to both the
Bahamas Government and the
Inter-American Development
Bank.
Do not allow the final imple-
mentation of the project to pro-
ceed without the proper consul-
tation and foresight necessary.
Without modification this project
will end up leaving toxic aban-
doned landfills, even dirtier road-
sides, and a more polluted pine
forest. In fact Abaco will become
a huge garbage dump.
This would be really embar-
rassing to both the government
and the financier.
J F HEDDEN
Nassau,
February 23, 2008.


God bless the Shiaffino family


EDITOR, The Tribune.


The attached letter from the
Shiaffino family is the kind of
event that gives us the strength
and the desire to keep going even
though the road is often very
much uphill. The appreciation of
our visitors is clearly expressed
in the visitors' book and number
in the thousands. But there are


precious few who donate cash
unsolicited. Or, for that matter,
solicited!
The Shiaffinos, God bless 'em,
have sent us $400 which will be
put to good use and we truly hope
that the family will visit again and
will continue to find in the Ardas-
ira a quiet haven of true natural
beauty which makes the real
world livable.
NORMAN SOLOMON
Mr Norman Solomon
Ardastra Gardens. Zoo and
Conservation Centre
Mr Solomon,
I would like to open wishing
you and your staff a Happy and
Prosperous New Year. It has
been over a year since we last
communicated and it has been a
busy one. But, we felt that in the
spirit and words of The Transi-
berian Orchestra; 'We've got to
make this Christmas Thing Last'.


So we thought we'd delay just a
bit in sending you our little
Christmas gift. As with all things,
changes occur.
In the past there have been
four Schiaffinos contributing a
wee something to your endeav-
ours.
Now, we are three. My mother
Anna passed away peacefully at
age 93 following a long and fruit-
ful life. So, it is in her honour that
we have donated this year's con-
tribution.
Please use the enclosed
cheques for the care and welfare
of all your precious animals...We
look hopefully, in the not too dis-
tant future to return again to The
Bahamas and once again visit
your wonderful establishment.
JAMES E, ANGELA M &
JAMES A, SCHIAFFINO
Bel Air,
Maryland,
March, 2008.


5 CUBE $353.00
'-

7 CUBE $445.00


9 CUBE $522.00


15 CUBE $650.00


25 CUBE $995.00





LI D SOTU


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EASTER SPECIALS

HOT CROSS BUNS.............$7.00 per dozen



SPICE BUNS..................................$6.00 medium

$10.50 large


HAVE A HAPPY AND

SAFE EASTER
from
The Management and Staff
ORIGINAL PATTIES BAKERY LTD.
Two locations
Tonique Williams-Darling Highway
Tel: 341-1871
Blue Hill Road South
Tel: 341-6552


__j






WEDNESDAY, MARCH 19, 2008, PAGE 5


THE TRIBUNE


LOCALSNEWS


0 In brief

Bush raising
$1.4mfor
Republicans
while in Florida
* JACKSONVILLE, Fla.
PRESIDENT Bush is rais-
ing more than $1.4 million for
Republicans while in Florida,
the state that cemented his
first bid for the White House,
according to Associated Press.
Bush's lunchtime fundrais-
er in Jacksonville will gener-
ate $685,500 for the Republi-
can National Committee. The
host is John D. Rood, the for-
mer U.S. ambassador to the
Bahamas.
The president will later
head about 290 miles south to
Palm Beach for a reception
that will raise $762,000 for the
RNC. Both events are closed
to reporters.
In between, the president is
pushing his trade agenda and
touting steps to help the econ-
omy. Bush plans to tour a car-
go shipping company and
speak again in support of a
pending trade agreement with
Colombia.








Share

your

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


BUT membership 'increases by



50 per cent on Grand Bahama'


* By DENISE MAYCOCK
Tribune Freeport
Reporter
dmaycock@tribunemedia.net
FREEPORT The mem-
bership of the Bahamas
Union of Teachers has
increased by 50 per cent on
Grand Bahama, according to
BUT area vice president
Rudy Sands.
Mr Sands, who is seeking
re-election in the upcoming
BUT elections in June,
reported that union member-
ship in Freeport has grown
from 400 to more than 600
members during his three-


Number of members has

grown 'from 400 to 600'


year tenure.
"This has never happened
under previous leaderships .
.. and so we are very pleased
that more teachers are
becoming members," he said.
Mr Sands also stated that
the union has been able to
avert industrial action through
skillful and diplomatic nego-
tiations with education offi-
cials on Grand Bahama.
He noted that there was


only one major demonstra-
tion last year, and a few sit-ins
which did not disrupt school
in any way.
BUT members are expect-
ed to go to the polls on June
10. The nomination of candi-
dates closes on March 31.
Mr Sands noted that the
post of area vice president is
very important. "It is not
about going to the AGM and
knowing the labour laws;


about 95 per cent of the job is
about listening to teachers
and helping them resolve
their problems," he said.
Mr Sands the union has
held training and improve-
ment seminars for its mem-
bers, including training for
shop stewards, an Interna-
tional Labour Organisation
(ILO) sponsored seminar for
teachers, and a women's lead-
ership seminar for teachers.
He also noted that special
events such as a BUT art
show, a walk-a-thon, several
socials and a BUT banquet
honouring more than 10
teachers were all very


successful.
Mr Sands said that the
union was also able to intro-
duce the use of photo IDs for
its members.
"We were able to help hun-
dreds of teachers here and we
are generally satisfied with
what we had done, but there
is still room for improve-
ment," he said.
The other candidates con-
testing the post of area vice
president are Valencia Car-
roll and Quinton LaRhoda.
Former BUT area vice
president Frances Friend is
expected to contest the post
of president.


116 Haitians,

two Indians

apprehended by

Defence Force
ROYAL Bahamas Defence
Force officials apprehended
116 Haitians and two Indians
aboard a Haitian sloop sailing
near the Exuma chain on Sun-
'day afternoon.
According to a press release
issued by the RBDF, while on
routine patrol, the HMBS P-
42, under the command of
Petty Officer Humphrey
Gomez spotted the 40-foot
Haitian sloop half a mile
northwest of Elbow Cay.
A routine search of the ves-
sel uncovered the suspected
illegal immigrants. To assist
with their transport, HMBS
Inagua was called in, the
statement said.
The immigrants, 101 men
and 17 women, all appeared
to be in good health and were
transferred to the Coral Har-
bour Base, the Defence Force
said.
They have been turned over
to the Immigration Depart-
ment for processing.


THE CLEARING BANKS ASSOCIATION
Announces


Thursday, March 20th, 2008
9:30am 4:30pm




Friday, March 21st, 2008
CLOSED -
[GOOD FRIDAY HOLIDAY]





Monday, March 24th, 2008
CLOSED -
[EASTER MONDAY HOLIDAY]





Regular Banking Hours will resume on
Tuesday, March 25th, 2008


Bank of the Bahamas Limited
Citibank, N.A.
Commonwealth Bank Limited
Fidelity Bank (Bahamas) Limited
First Caribbean Bank (Bahamas)
Royal Bank of Canada
Scotiabank (Bahamas) Limited


The B-16 Sentra is built on Nissan's 'C' platform and offers a standard
2.0-liter 4-cylinder engine, fuel-efficient Nissan Xtronic CVTTM
(Continuously Variable Transmission) and responsive handling. Inside
Sentra's spacious cabin are thoughtful and useful features, including
a 60/40 split double-fold rear seat, available hidden trunk storage
compartment and available integrated overhead compact disc holder.
The Sentra is also available with a range of unexpected amenities -
ranging from the luxury of leather-appointed seating to the
convenience of Nissan's Intelligent Key keyless entry system.


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BROKERS & AGENTS LTD.


I








PAGE 6, WEDNESDAY, MARCH 19, 2008


THE TRIBUNE


BO1ALNEWS


Astronauts prep robot for move

to new perch at space station


* CAPE CANAVERAL, Fla.
ASTRONAUTS prepped Dex-
tre the robot for its big move to a
new perch outside the interna-
tional space station on Tuesday
after devoting nearly a week to
putting together and creating the
monster-size machine, according
to Associated Press.
Dextre a 12-foot hulk with
11-foot arms will remain at its
new location on the U.S. lab, Des-
tiny, for at least a few months.
Before they could move the
robot on the end of the space sta-


tion's mechanical arm, astronauts
aboard the linked shuttle Endeav-
our and space station had to fold
up its arms. It was a slow process
that was expected to take an hour
for each arm with its seven joints.
Dextre was launched into space
in nine pieces aboard a transport
bed, or pallet, that served as the
robot-construction zone. Three
spacewalks were needed to put
the robot together. First, the hands
were attached to the arms. Then
the arms were connected to the
torso. Finally, on Monday night,
the eyes and tool belt were added.


JENNA CHAPLIN (centre) and Kenton Meronard (left).
Jenna was the best overall performer in the 2007 BGCSE examinations
and Kenton was the best overall performer in the 2007 BJC
examinations.


St Andrew's students impress

in national examinations
MINISTER of Education and former St Andrew's stu-
dent Carl Bethel recognized a number of the school's stu-
dents for their outstanding performance in the national
BGCSE and BJC examinations.
The best overall student performance in the Bahamas for
BGCSE was achieved by St Andrews Deputy Head Girl
Jenna Chaplin.
Jenna earned eight As, one B and one C to add to the A
in mathematics she earned in year 10 (2006). She received
two trophies and a $500 cheque.
Jonathan Fielding, year 12, was awarded the highest
mark in the Bahamas for physics and received an hon-
ourable mention for earning seven As and two Bs in the
BGCSEs to add to the A in mathematics he achieved in
year 10.
Brice Dishman, year 12, received the highest mark in the
Bahamas for French and Michelle Colas received the
highest mark in the Bahamas for Spanish.
Perhaps the most remarkable subject award went to
Benjamin Pinder, year 11, who earned the highest mark in
BGCSE mathematics although he was only in year 10
when sitting the exam.
Seven other students received honourable mentions for
their BGCSE results Craig Hardt, five As and two Bs;
Michelle Hunt five As and three Bs; Justin Lockhart sev-
en As two Bs; Leola Mackey five As, two Bs and two Cs;
Kathia Smith, six As and four Bs and Blair Woodside,
six As, two Bs and one C and Felisse Ameeral seven As
and two Bs.
At the same time Kenton Meronard, a year 10 Scholar-
ship student at St Andrew's, was the best overall student
performer in the Bahamas for the BJC exams.
Kenton passed with eight As. Kenton, like Jenna,
received two trophies, as well as a cheque for $250.
Receiving an honourable mention for the BJC were:
Chrisideon Ashe, six As and two Bs; Christopher Rafikalli
five As, one B and one C; and last but not least Ariana
Liza, five As and three Bs.
"The St Andrew's community is so prottd of our
awardees who received their awards with grace and were
great ambassadors for St Andrew's and the Bahamas," said
the school's administration.


' ;- : '-.,, ." V ' -" """ ...rt '..; ,-'' ,- *^^. -^i'.F .. ,*.'4- . ^"
/ ,* -.^ *? :: ,= -.-.l ; i ** ; * : ,'' "'.
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' ;-: .... -. * '.'' ;-.'" " ', : .


.* _-'. ..v ^ ^ -' ...,., *. :, -., ,. ",*^
.;" :> i:_ .... S.,


Dundas Theatre Mackey St. 393-3728 or 394-7179

:, -C y 362-4895 -


FROM page one

would have paid with other
lenders.
Mr Jarrett, who is also a for-
mer chairman of the Bank of
the Bahamas, said that he con-
siders some of the IDB's prac-
tices to resemble those of "loan
sharking."
"I considered that IDB was
constructed to help developing
countries like Haiti and others.
But as you develop they never
change their policies. And to
me, I called it loan sharking
because we should have been
able to get those kinds of rates
that I did at 2.2 per cent and
they were lending at 8.3 per cent
when the Euro was under 2 per
cent," said Mr. Jarrett.
His statements were printed
in the Bahama Journal on
March 10.
In a letter to the Bahama
Journal's publisher and CEO
Wendall Jones yesterday, the


Inter-American
IDB representative in Ithe
Bahamas Oscar Spencer said
that these comments by Mr Jar-
rett were inaccurate and failed
to reflect correctly the circum-
stances under which BEC had
obtained loans from the bank.
Mr Spencer explained that the
four loans, to which Mr Jarrett
referred, were given at times
when interest rates were at dif-
ferent levels.
"The first of the four loans
was approved in 1988. During
that period the IDB offered
fixed rate loans from a Curren-
cy Pooling System (CPS) set at
8.3 per cent, which was compa-
rable with prevailing market
rates at that time. The ensuing
two loans approved in 1991
under the CPS carried a six-
month adjustable rate, which at
the time of pre-payment was
4.85 per cent. The fourth loan,
approved in 1996 under the US
Dollar Single Currency Facility


Torch Bearers hit out

FROM page one
abreast of national events.
"He is misunderstood if he thinks we are still in an era, where we only
can draw conclusions based on what was supposed to be the 'full dis-
closure' by his former administration (May 2002 through May 2007).
"Mr Christie would like the youth of our nation to 'selectively for-
get' how his administration is actually the one who did not 'close the
deal', pertaining to the Baha Mar development, before the deadline of
March 1, 2007. All things considered equal, we would like the youth of
our nation to ponder (the) following facts, instead of a myriad of
emotionally misleading comments, made by Mr Christie in his press
conference, designed specifically to distract from the alarming secrecy,"
the statement read.


(SCF), also had a six-month
adjustable rate, which was 4.96
per cent at the time of pre-pay-
ment," he said.
Mr Spencer said that it is
"unfair and inaccurate" to con-
trast the interest rate on a 20-
year-old loan obtained in 1988
with the short-term, five-year
loan obtained in 2003, "when
the London Inter-Bank Offer
Rate (LIBOR) was at an all-
time low."
"It should be noted also that
all four agreements allowed for
advance payments without any
penalty or cost reimbursement
to the IDB," he added.
Mr Jarrett last week said he
believed that the IDB was con-
structed to help developing
countries like Haiti and others.
"But as you develop they nev-
er change their policies. And to
me, I called it loan sharking
because we should have been
able to get those kinds of rates
that I did at 2.2 per cent and
they were lending at 8.3 percent
when the Euro was under 2 per
cent," he said.
However, Mr Spencer said
yesterday that IDB's lending
rates reflect the Bank's cost of
funds, which have always been
in line with those prevailing in
the international market.
"The lending products of the
Bank have continually evolved
with the market and without
borrowers' needs. For example,
in the second half of 2007, the
interest rate that the Bank
charged to its sovereign bor-
rowers under the LIBOR-based
lending product was actually
below LIBOR," the IDB
Bahamas representative said.


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Tel: 322-1069 or 359-2964


FULL HIGH SCHOOL

SCHOLARSHIP OPPORTUNITY

Wendy's and Coca Cola are offering a full six year scholarship, including an
annual $225.00 book allowance to 2 boys and 2 girls.

To be eligible for the scholarship you must:
* be a student graduating from a GRADE 6 PUBLIC SCHOOL this year
(June 2008)
* have been accepted to one of the participating schools (listed below)
* have a legitimate financial need
* have an acceptance letter from the school of your choice to accompany
your application.

Application forms should be collected from the Wendy's Head Office on
Tonique Williams-Darling Highway, Monday through Friday between 9:00 a.m.
and 5:00 p.m. Applications are available and must be submitted with all
supporting documents by 5:00 p.m. on March 21,2008. Address all applications
as follows: ATTN: Mrs. Juliette Josev or Mrs. Joy Dean. Any applications
brought after March 21st will not be honored.

Participating Schools

St. Anne's High School
St. Augustine's College
Aquinas College
St. John's College
Grand Bahama Catholic High
Bishop Michael Eldon High


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THE TRIBUNE

BFM


WEDNESDAY, MARCH 19, 2008, PAGE 7
--*.. T ..-.... .. ,.. -i.v ,,


BAHAMAS FAITH MINISTRIES,


presents


c


.s*P


I -
A


Special Good Friday Service
FRIDAY, MARCH 21ST AT 10:00 A.M.
Exciting worship, special music, drama,
mime, and communion and
dynamic teaching by Dr. Myles Munroe.


EASTER DRAMA SPECIAL
FRIDAY MARCH 21STAT 7:00 P.M.
An inspiring evening of dynamic heart-gripping dramatic
portrayal of the events of the trial
and death of Jesus Christ..with exciting music, drama, dance,
mime, and big screen portrayals!
Admission FREE-Bring a friend.....

fem
Adshh, C .^<


SPECIAL EASTERR SUNDAY CELEBRATION" SERVICE !!!
SUNDAY MARCH 23RD AT 9:30 AM.
Exciting praise and worship....inspiring special Music
.....Drama....Dance and
Dynamic Teaching by, Dr. Myles Munroe.


~44


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;,.. -; *^ jr
' ^.r IMMMA
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^ *(


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Bahamas and the electric option


N a recent article I
recalled the Silver Volt -
an electric car project
from almost 30 years ago
that had a brief Bahamian dimen-
sion.
In 1980 a Michigan company
called Electric Auto set up an
assembly plant in Freeport to pro-
duce the Silver Volt on a modi- cation as
fied GM chassis. It had a top Bahamas.
speed of 70 mph, a range of up to which goe.
100 miles and could recharge its make the h
batteries in just 90 minutes ucts being
advanced for the time. Surplus ele
Reports claimed that the cars batteries w
would sell for $15,000. About 300 output for
prototypes were to be built in The Silv
Freeport for road-testing in Flori- the work o
da, though only 12 were produced American,
before the company pulled out cobalt batt
and disappeared from view. But on to prod
recently we received this e-mail car (when
from Dr Barry Iseard, who gramme hi
worked on the project: Lead-coba
"It was good to see that you better than
remembered the Silver Volt in teries and
your column of February 6. er nickel-n
"I was one of the researchers um-ion altt
on the electric car and have stayed
in Grand Bahama ever since, sub- E
sequently carrying out golf cart
assembly and presently in the envi- In 1978
ronmental and construction busi- designed tc
ness with Island Projects. How- advanced b
ever, I am still associated with the two years l
Silver Volt project! Electric /
"In 1985, the Silver Volt pro- (B.ahama<
ject relocated to Fort Lauderdale. dozen of t]
One of the reasons was because before mo'
the recycling of lead from .spent Florida. Th
batteries was an essential part of tests and d
Silver Volt battery production. in the ensui
Unfortunately the Bahamian gov- tric auto in
ernment had signed on to an inter- In 1994 A,
national treaty not to import any became the
hazardous materials, and spent licensee of
batteries containing lead were clas-
sified as hazardous waste. gyApollo h
"The other main reason was ver Volt th
that we needed to develop an ed lead-co
improved range extender power hydrogen fi
source, to make the car into a is produced
hybrid. The company is now on-board cl
called Apollo Energy Systems said to hav
(http://www.electricauto.com). In with a tops
Austria we have developed an 5-minute r
alkaline fuel cell using ammonia Propulsio
as the hydrogen carrier, as known) con
explained on the web site. cell, solar ce
"Funding is presently almost electronic r
in place for manufacturing of the same techno
improved battery-alkaline fuel cell being pack
hybrid Silver Volt, and due to the i pac
high cost of oil, the timing is now plant.
timing By comr
right. tvpe Chevr
"Incidentally, the fuel-cell bat-t, .
terry combo would also fihd. appli- -. m


TOUGH CALL


a power source in the
The fuel is ammonia,
s through a cracker to
ydrogen, the final prod-
water and electricity.
'ctricity is stored in the
whichh supply a greater
a shorter time."
'er Volt emerged from
f Robert Aronsson, an
who invented the lead-
:ery in 1966 and went
luce the Mars electric
n the US space pro-
ad a lot more profile).
alt batteries perform
n earlier lead-acid bat-
are cheaper than new-
metal hydride or lithi-
ernatives.


clusive


Sthe Silver Volt was
showcase Aronsson's
battery technology, and
water a subsidiary called
Auto Corporation
s) Ltd assembled a
hese cars in Freeport
ving the operation to
ere were ongoing road
demonstration projects
ing years, but the elec-
dustry never took off.
pollo Energy Systems
e exclusive worldwide
Aronsson's technolo-
ias designed a new Sil-
iat combines its patent-
)balt battery with a
uel cell. The hydrogen
I from ammonia by an
chemical cracker and is
e a range of 400 miles
speed of 100 mph and
fueling. The Electric
n System (as it is
isists of a battery, fuel
ell, electric motor and
motor controller. The
>ology combo is also
aged as a mini power
prison, GM's proto-
olet Volt has a 161 hp
5tor tihj gives.a top
Il .i t",..''."i l, >


speed of 100 mph and is powered
by a lithium-ion battery pack that
offers a range of up to 40 miles in
standard driving conditions. The
batteries recharge in about 6
hours. The Chevy Volt also has a
small gasoline engine to charge
the battery pack, which extends
the driving range to 700 miles.
This car was announced last year
and may be available in small
quantities by 2010 at a price of
under $40,000.

Most people view elec-
tric vehicles as the
wave of the future, but they actu-
ally date back to the Victorian
era. A Scot named Robert
Anderson produced the first elec-
tric carriage, presumably to save
money on hay. But by the early
20th century more roads, Henry
Ford's mass production and abun-
dant cheap oil made gasoline-
engine vehicles the preferred
choice.
Interest in electric vehicles
revived in the 1960s and 70s as a
way to cut air pollution and
dependence on Arab oil. They
were often just souped-up golf
carts, but both GM and Ford pro-
duced electric vehicles in the
1990s.
GMs EV1 made it to market
for the 1997 model year, and was
one of the fastest, most efficient
production cars ever built. They
were leased, not sold, but the
1100 that were built to meet Cal-
ifornia's strict emission laws end-
ed up being literally crushed out
of existence by the manufacturer.
In fact, the EV1 was the sub-
ject of a well-publicised docu-
mentary film two years ago that
alleged a conspiracy by the auto-
motive and petroleum industries
to suppress advances in electric
propulsion. After spending a bil-
lion dollars, GM closed the EV1
programme in 2003 saying there
was no customer demand (despite
huge waiting lists and much posi-
tive feedback from lessees).
There are are a bunch of electric
vehicle options out there today.


The superbly balanced proportions of the Toyota Yaris reflect the
inherent intelligence of its design and the spacious comfort that it offers.
Features include: 1.3 litre engine, automatic transmission, ABS brakes,
power steering, power windows, power locks, air conditioning, driver's
side airbag, and CD player.


( TOYOTA


YARIS


Backed by a 3-year/60,000 mile factory warranty

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A4 IHORISED TO1 TA DEALER Parts aeid sm ric guai'aniteed
Available in Grand Bahama at Quality Auto Sales (Freeport)* Queens Hwy, 352-6122 Abaco Motor Mall, Don MacKay Blvd, 367-2916


Last week's article on globalisation and
the European partnership Agreement
drew a'series of interesting responses on the
Bahama Pundit site that are worth publishing
here:
First, set us free. Let us go and invest in foreign
markets freely. Let us own foreign currencies. Get
rid of the restrictions on our own people. Then
let's talk. -- Drew Robbers
Nobody would hire a foreigner in a bank if a
Bahamian could read and write fluently, do math
properly, speak two languages, be punctual and
professional _foreigners cost a company a hell of
a lot more. -- E. B. Christian
We already have foreign intrusion into sup-
posed "reserved for Bahamian" categories of
business...By the way, the government, could
consider mitigating our demise by offering some
of these marvelous concessions to Bahamian for
profit companies, along the lines of those given to
non Bahamian for profit companies.. -- Chris
Lowe
Cutting staff has and always will be, a failure
to innovate and, in our case, a failure to execute
services in an efficient manner. The problem is
not the ordinary worker or the line staff- it's
with the leadership's lack of commitment on
making sure the government services operations,
are functioning...It's about time we forget this
free market mantra- and take control of this
economy. We need a plan...so far, I have not
seen one. -- Bill
Kalik is globalization 101 for Bahamians. It's
made in Nassau, protected by the Bahamian gov-
ernment. Drove Beck's clear out of the islands.
Who benefits? The Bahamian investors and fac-
tory workers; also the brewmasters from
Heineken who help run the factory. Who pays?
Bahamian beer drinkers! What other tropical
island has such high priced beer? If you do the
math, the higher costs of beer to the consumer
add up to more than the higher incomes of the
factory workers and owners. This lesson can be
generalized to all sectors of the economy. Free
trade will always, in the long run, benefit Bahami-


They range from the $100,000 And dramatic improvements are Even in tiny out island com-
Tesla Roadster, to low-speed being made in both driving range munities where golf carts make
electric cars such as those pro- and battery recharging time. perfect sense, we still drive
duced by Zenn Motors in Cana- But apart from golf carts, no around in gas-guzzling SUVs.
da, to the Indian-made Reva electric vehicles are available in ......................................................
hatchback that sells for $18,000 the Bahamas, and there are no What do you think? Send com-
in England, to a variety of electric incentives to promote them ments to larry@tribunemedia.net
scooters and bicycles. There are despite all the traffic congestion, .............................................. ......
also companies that will convert air pollution and sky iglpric.f. Qrfit ww iahampn-
Sexisfirig-vehiclegst6 electficpower*."-.:gas61tlne-. -k '-. -;: f '0 l.' .* i :




MONTAGU GARDENS












Date Sunday March 23 2008

Phone: 394-6347



Special One


Tossed Salad
Leg of Lamb topped with gravy and
asked Trouper
served with Mashed Sweet Potato
Vegetable Rice'
Steam Vegetables
Pessert

Price 820.00 per person plus 15% gratuity



Special Two


Tossed Salad
Paked Turkey with stuffing and
Pan Fried Grouper
Served with Mashed Sweet Potatoes
White Rice
Steam Vegetables
Pessert


Price 819,00 per person plus I 15,Gratuity


an consumers more than it will hurt Bahamian
workers. Bob Knaus
There are winners and there are losers in a
dynamic economy. Thankfully there are always
more winners than losers.
For the record, I think we have access to almost
every type of business or service imaginable
through the Internet and somehow local busi-
nesses survive...Do we really need a 390 plus
page EPA document to trade? We've been trad-
ing all these years. It seems all so simple to me.
Why complicate it with documents hundreds of
pages long to get the politicians tied up into the
trading mechanisms. -- Rick Lowe
They did not share all of the information with
the public, in the time that it was needed. They do
not know what they got us into....they should
have signed (the EPA). We need a firm and
sound trade policy, not twists and turns in the
wind, to suit the phrase of the day -- Bill
I agree fully with the need for a plan 'devel-
opment plan' and therein lies the greatest crit-
icism of the Bahamas signing onto the EPA or
any other agreement for that matter. The reality
is that this government, like the ones before it, has
not answered that most basic question WHY
ARE WE JOINING? And what interests are we
seeking to protect and gain from member-
ship.... What we do know, however, is the risk
we run by continuing to exist as a pariah in an
increasingly global, rules-based world economy.
Things will not continue as they have been for the
past 30 years. The EPA will not solve many of the
issues that we face in the Bahamas it will not
create development but it can facilitate it via new
sources of foreign investment, etc.
The more important point is that the benefits
under Cotonou extend until 2020 -including
the Euro 16 million this Government holds as
balances from the 7,8,9th EDF- Not to mention
funds currently being programmed under the
10th EDF National Indicative Programme as
we II as the Euro 145 million being programmed
for the regional programme BTW this is grant
money and doesn't include the hundreds of mil-
lions that we have previously and will continue to
be able to access from the EIB and other agen-
cies. Hank Fergusson


More talk about trade


HJt-A 8, WEDNESDAY, MARCH 19, 2008


THE TRIBUNE





WEDNESDAY, MARCH 19, 2oUt, VAlt r, 0


THE TRIBUNE


BAHAMAS ELECTRICITYCORPORATION
P.O, BOX N-7509

TELEPHONE: 302-1000


A ".... "- V ',


BAHAMAS ELECTRICITY CORPORATION

TENDER FOR THE PROVISION OF GENERAL INSURANCES
ALL RISKS (BUILDINGS & CONTENTS, PLANT, MACHINERY
& EQUIPMENT INCLUDING SUB-STATION SITES

TENDER NO. 654/08

The Bahamas Electricity Corporation invites tenders from eligible bidders for the provision of
general insurances as described above.
Bidders are required to collect packages from the Administration Office,
Blue Hill & Tucker Roads by contacting:-
Mrs. Delmeta Seymour
Administrative Officer
Blue Hill & Tucker Roads
Nassau, Bahamas
Phone No. 302-1158
Fax No. 323-6852
Tenders are to be hand-delivered on or before
28 March 2008 by 3:00 p.m. and addressed as follows:
The General Manager
Bahamas Electricity Corporation
Blue Hill & Tucker Roads
Nassau, Bahamas
Attention: Mrs. Delmeta Seymour

Marked: Tender No. 654/08
"GENERAL INSURANCES BUILDINGS, PLANT & MACHINERY"
The Corparation reserves the right to accept or reject any or all tenders.


BAHAMAS ELECTRICITY CORPORATION

TENDER FOR THE PROVISION OF GENERAL INSURANCES
PUBLIC & EMPLOYER'S LIABILITY, PERSONAL ACCIDENT
AND PRIVATE CAR & COMMERCIAL VEHICLE

TENDER NO. 655/08
The Bahamas Electricity Corporation invites tenders from eligible bidders for the provision of
general insurances as described above.
Bidders are required to collect packages from the Administration Office,
Blue Hill & Tucker Roads by contacting:-
Mrs. Delmeta Seymour
Administrative Officer
Blue Hill & Tucker Roads
Nassau, Bahamas
Phone No. 302-1158
Fax No. 323-6852
Tenders are to be hand-delivered on or before
28 March 2008 by 3:00 p.m. and addressed as follows:
The General Manager
Bahamas Electricity Corporation
Blue Hill & Tucker Roads
Nassau, Bahamas
Attention: Mrs. Delmeta Seymour

Marked: Tender No. 655/08
"GENERAL INSURANCES PUBLIC & EMPLOYER'S AND VEHICLES"
The Corporation reserves the right to accept or reject any or all tenders.


BAHAMAS ELECTRICITY CORPORATION

TENDER FOR THE PROVISION OF GENERAL INSURANCES
MONEY & FIDELITY

TENDER NO. 656/08
The Bahamas Electricity Corporation invites tenders from eligible bidders for the provision of
general insurances as described above.
Bidders are required to collect packages from the Administration Office,
Blue Hill & Tucker Roads by contacting:-
Mrs. Delmeta Seymour
Administrative Officer
Blue Hill & Tucker Roads
Nassau, Bahamas
PhoneNo. 302-1158
Fax No. 323-6852
Tenders are to be hand-delivered on or before
28 March 2008 by 3:00 p.m. and addressed as follows:
The General Manager
Bahamas Electricity Corporation
Blue Hill & Tucker Roads
Nassau, Bahamas
Attention: Mrs. Delmneta Seymour ,

Marked: Tender No. 656/08
"GENERAL INSURANCES MONEY & FIDELITY"
The Corporation reserves the right to accept or reject any or all tenders.


BAHAMAS ELECTRICITY CORPORATION

TENDER FOR THE PROVISION OF GENERAL INSURANCES
MARINE INSURANCE

TENDER NO. 659/08
The Bahamas Electricity Corporation invites tenders from eligible bidders for the provision of
general insurances as described above.
Bidders are required to collect packages from the Administration Office,
Blue Hill & Tucker Roads by contacting:-
Mrs. Delmeta Seymour
Administrative Officer
Blue Hill & Tucker Roads
Nassau, Bahamas.
Phone No. 302-1158
Fax No. 323-6852

Tenders are to be hand-delivered on or before
28 March 2008 by 3:00 p.m. and addressed as follows:
The General Manager
Bahamas Electricity Corporation
Blue Hill & Tucker Roads
Nassau, Bahamas
Attention: Mrs. Delmeta Seymour

Marked: Tender No. 659/08
"GENERAL INSURANCES MARINE INSURANCE
The Corporation reserves the right to accept or reject any or all tenders.


BAHAMAS ELECTRICITY CORPORATION

TENDER FOR THE PROVISION OF GENERAL INSURANCES
PROFESSIONAL INDEMNITY (DIRECTORS & OFFICERS)

TENDER NO. 657/08
The Bahamas Electricity Corporation invites tenders from eligible bidders for the provision of
general insurances as described above.
Bidders are required to collect packages from the Administration
Office, Blue Hill & Tucker Roads by contacting:-
Mrs. Delmeta Seymour
Administrative Officer
Blue Hill & Tucker Roads
Nassau, Bahamas
Phone No. 302-1158
Fax No. 323-6852
Tenders are to be hand-delivered on or before
28 March 2008 by 3:00 p.m. and addressed as follows:
The General Manager
Bahamas Electricity Corporation
Blue Hill & Tucker Roads
Nassau, Bahamas
Attention: Mrs. Delmeta Seymour

Marked: Tender No. 657/08
"PROFESSIONAL INDEMNITY DIRECTORS & OFFICERS"
The Corporation reserves the right to accept or reject any or all tenders.



BAHAMAS ELECTRICITY CORPORATION

TENDER FOR THE PROVISION OF GENERAL INSURANCES
ELECTRONIC EQUIPMENT& MOBILE RADIOS

TENDER NO. 658/08
The Bahamas Electricity Corporation invites tenders from eligible bidders for the provision of
general insurances as described above.
Bidders are required to collect packages from the Administration Office,
Blue Hill & Tucker Roads by contacting:-
Mrs. Delmeta Seymour
Administrative Officer
Blue Hill & Tucker Roads
Nassau, Bahamas
Phone No. 302-1158
Fax No. 323-6852
Tenders are to be hand-delivered on or before
28 March 2008 by 3:00 p.m. and addressed as follows:
The General Manager
Bahamas Electricity Corporation
Blue Hill & Tucker Roads
Nassau, Bahamas
Attention: Mrs. Delmeta Seymour

Marked: Tender No. 658/08
"GENERAL INSURANCES ELECTRONIC EQUIPMENT & MOBILE RADIOS
The Corporation reserves the right to accept or reject any or all tenders.


____j






PAGE 10, WEDNESDAY, MARCH 19, 2008


THE TRIBUNE


LOA NW


Four senior police officers


ney, Gibson and Evans came into
effect on September 3, 2007,
November 26, 2007 and January 1,
2008 respectively, CSP lianna told
The Tribune yesterday.
Acting Commissioner Ferguson
said the promotions grew out of a


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COMMONWEALTH BANK

Employment Opportunity
- Manager,,Customer Sani ..A.ompi

Commonwealth Bankis committed to delivery of superior
customer service. The successful applicant will play an integral
role in ensuring that consistent high quality service is given
throughout the organization,

PRINCIPAL DUTIES
Core Responsibilities Include:
Monitoring the Bank's quality service standards to ensure
consistent delivery of high quality service throughout the
organization is systematically monitored in an effort to meet or
exceed our customer's expectations.
Ensuring that all new/revised policies and procedures when rolled
out are being interpreted and followed on a consistent basis by all
branches.
Maintaining ongoing customer (internal/external) relationship and
participates in marketing efforts.
Actively promotes and maintains good working relationships with
customers and business partners
Effectively communicates (verbal & written) to clarify the intent
of policy revision.
Perform all functions in a professional manner upholding the
Bank's Customer Service Standards and Code of Ethics. To
fully comply with the Bank's Security Policies as outlined in its
Security Policy Manual.
Contributes to the learning of others through peer coaching
and mentoring, proactively sharing experiential learning, and
supporting the learning journey.
Actively review and prepare for succession planning making
appropriate recommendations.
Follows and ensures staffs are knowledgeable of and complies
with the Bank's code of conduct policies, anti-money laundering
procedures, information security and information technology
procedures,, and all other established policies, procedures and
processes and regulatory guidelines.

REQUIREMENTS & PERSONAL ATTRIBUTES
Candidates should meet the following criteria:
Bachelors degree or higher in Business Management.
Minimum of five (5) years experience in Compliance &
Customer Service
Excellent written and oral communication skills.
Excellent PC skills (Microsoft Office suite)
Strong organizational skills.
Extensive knowledge of the Bank's Policies and Procedures.
Excellent work attitude, punctuality and attendance record

The position offers an attractive salary and benefits package
reflecting the successful applicant's experience and qualifications,
including pension plan, medical, dental, vision and life insurance
coverage, allowances and performance based incentives.

Interested persons who meet the minimum requirements
should submit their requests in WRITING by E-MAIL, FAX
or INTER OFFICE MAIL by March 31, 2008, to:

THE HUMAN RESOURCES RECRUITMENT UNIT
SOUTH WING, THE PLAZA, MACKEY STREET
NASSAU, BAHAMAS
TELEFAX 393-8073
RE: Manager, Customer Service & Compliance
E-Mail address: HR@ combankltd.com


FROM page one

According to Chief Superinten-
dent Hulan Hanna, whose appoint-
ment does not come into effect
until April 14, each appointment
will last for a duration of six months
from the appointment date.
The appointments of Acting
Assistant Commissioner McCart-


"requirement" of the RBPF "to
fulfil our obligation to the estab-
lishment."
Before the recent appointment,
Raymond Gibson held the post of
Chief Superintendent of Crime and
Intelligence. He is now acting assis-
tant commissioner of Crime and
Intelligence, a representative from
his office told The Tribune yester-
day.
CSP Hanna said Acting Assis-
tant Commissioner McCartney will
oversee areas of Management Ser-
vice, Mr Evans has responsibility
for the New Providence district,
while CSP Hanna will oversee areas
of management service, media, and
community related areas.
"(The appointments) are needed
to assist in taking the force to new
levels," CSP Hanna said. "This has
happened at a time when their abil-
ities will be utilised in bringing the
level of service offered by the force
to a higher level of efficiency and
proficiency.
"These are all seasoned individ-
uals who have worked in various
levels of the Force and they enjoy
the full confidence of the Acting
Commissioner of Police Reginald
Ferguson," he added.
Although the six-month window
of appointment for Acting Assis-
tant Commissioner McCartney has
expired, he still occupies the post.
When asked if the remaining
appointments would be extended
when the six-month period ends,
CSP Hanna said he was "in no posi-
tion say" but the appointments
were simply "another stage in the
process" to further assess the offi-
cers for "future ability."
Yesterday, Tribune sources con-
tended some of the officers
appointed had strong family ties
with the upper echelons of the
FNM.
CSP Hanna dismissed this claim.
"I have no such knowledge of
that," he said. "I know that every
person who has been so appointed
are all hardworking, highly quali-
fied workers. It is unfortunate that
someone would even suggest.. .(the
senior officers) are simply being
considered for some political affil-
iation.
"Even if that were the case, I am


KEMP'S FUNERAL HOME LIMITED
Established 1950
P.O. Box N-1222, 22 Palmdale Avenue, Palmdale
Nassau, N.P., The Bahamas



isWinBifrded



A. Cole
of Harmony Hill, Nassau,l

Nassau, N, The Bahamas will be held at
I Ebenezer Methodist Church,

East Shirley Street, Nassau on
Thursday, 20th March, 2008 at
4:00 p.m. Rev. Charles New, Minister of Ebenezer Methodist
Church, will officiate, assisted by Rev. Franklin Knowles
and interment will follow In the Cole family plot ',1 Ebenezer
Methodist Cemetery, East Shirley Street, Nassau.

Miss Cole is survived by nieces, Babs Morris, Nancy Cole,
Thiry Sweeting, Thelma Cancino, Peggy Griffe, Joy Boyes,
Greta Pinder, Linda Pritchard and Diane Morley; nephews,
Maxwell Cole, Ralph Cole, Frank Pinder, Gerald Pinder,'
Christopher Cole, David Albury, Rex Albury, Derek Albury,
Denis Cole, Peter Cole, Brock Cole and James Cole; her
caregivers, Christine Rolle and Patsy Smith; Light and Life
Community Church Family; and many other family members
and many friends.


In lieu of flowers, donations may be made to the Cancer
Society of The Bahamas, P.O.Box S.S.6539, Nassau, The
Bahamas Heart association, P.O.Box N.8189, Nassau, The
Salvation Army, P.O.Box N. 205, Nassau, In Memory of Miss
Winifred A. Cole.

Arrangements by Kemp's Funeral Home *Limited, 22
Palmdale Avenue, Nassau, The Bahamas.


saying unequivocally that these offi-
cers (and) their elevation has come
as a result of their hard work and
dedication to this country."
He stressed the country had a
great number of issues that needed
to be dealt with objectively and "no
distraction" should take away from
the exercise.
According to The Tribune's files,
these recent appointments leave
the RBPF with six assistant com-
missioners of police and four acting
assistant commissioners.
They are added to Senior Assis-
tant Commissioner Ellison
Greenslade, ACP Marvin Dames,
ACP Juanita Colebrook, ACP
James Carey, ACP Kirkland
Hutchinson, and ACP Eugene
Cartwright. In early 2007 the RBPF
came under fire for what certain
factions in the force called "politi-
cally motivated" restructuring with-
in the force.
In July, 2007, in an interview with
ZNS, Prime Minister Hubert Ingra-
ham criticised Mr Christie's
appointments to the upper ranks
of the force just before the May
election as "reckless."
"Assistant commissioners of
police are appointed on the rec-
ommendation of the prime minister
after consultation with the police
service commission.
"They. are appointed by the gov-
ernor general. Perry Christie per-
sonally caused to be appointed that
number of assistant commissioners
of police. It was a reckless decision
on his part, and if he expects us to
continue to live with foolish and
reckless decisions made by him in
office, he's got another think com-
ing."
In that same interview Mr Ingra-
ham referred to the 1992 police
review which stated that there
should be one commissioner,
deputy commissioner, and four
assistant commissioners of police.
The ranks of chief superintendent
and chief inspector were abolished,
while those holding those ranks at
the time were allowed to retain
them.
Prime Minister Ingraham
accused Mr Christie of "recklessly"
reinstating the two ranks that had
been eliminated in 1992 and
increasing the number of assistant
commissioners of police shortly
before the 2007 general election.


FROM page one
Daniel in 1997, at which time he was
her lawyer. Stern told the court that
Anna Nicole came to the Bahamas
on July 18, 2006 with real estate
developer Ben Thompson and Ford
Shelly. Stern told the court that
Anna Nicole had completely
stopped taking methadone a week
prior to her giving birth to her
daughter.
Stern said that Anna Nicole had a
C-section planned for September 14,
2006 but the baby was delivered a
week early on September 7 because
Anna Nicole was experiencing ter-
rible headaches at the time. Stern
testified that Daniel came to the
Bahamas on September 9. He told
the court that he picked Daniel up
from the airport at which time
Daniel appeared to be in a good
mood. Stem told the court that at
the hospital Daniel embraced his
mother, held his baby sister and took
some pictures. Stern said that Ben
Thompson was also present at the
hospital room for about 45 minutes.
He said that after Thompson left he,
Anna and Daniel talked some more
and Daniel said that he was hungry.
Stern said he went to Esso On The
Run on East Bay Street where he
bought chicken strips, a beef patty
and a coke soda for Daniel and sand-
wiches for himself and Anna Nicole.
Stern said that he was unsure of the
time because he did not have a watch
and there was no clock in the hospi-
tal room, but agreed with attorney
Neil Brathwaite that it was around
2.15 am when he returned to the
hospital. He told the court that they
ate for about 15 to 20 minutes and
then he and Anna Nicole prepared
for bed as they were both very tired.
Stern told the court that he was pre-
pared to sleep on the floor, but
Daniel at that time said he was not


-L r -X -



SNEW ARRIVAL

OF
^___,_


Howard Stern
tired and asked him to take the bed
he was in. Stern testified that Anna
Nicole got up to use the bathroom
about three or four times that night
and was assisted by either himself
or Daniel. Sten told the court that
on the last occasion Daniel said, "I
don't know why I feel so tired," but
he thought nothing of it.
Stern testified that Anna Nicole
woke him up the next morning say-
ing, "Howard, Howard, Daniel's not
breathing." Stern said that he got
up, checked Daniel's neck for a pulse
and alerted emergency personnel.
"I was really scared, he didn't look
good," Stern said. Stern told the
court that Anna Nicole was scream-
ing to Jesus to take her instead. He
said she did not accept the fact that
Daniel had died and was incon-
solable as she clung to her son's
body. Stern also told the court that
the incident that ford Shelly and
Gaither Thompson testified about
in which they claimed that they saw
him take pills out of Daniel's pocket
and flush them down the toilet while
at Horizons never happened. Stern
denied ever giving Daniel any med-
ication.
During questioning by attorney
Milton Evans Stern said that he did
not consider himself a parent to
Daniel, but rather a friend as Anna
was both Daniel's father and moth-
er. Stern also told the court that
Daniel did not bripg any bags into
the hospital and that there was only
a pink baby bag with baby items,
Anna's purse and a camera case in
the room.
On Thursday, attorneys in the
case are expected to make their clos-
ing submissions before Magistrate
William Campbell sums up the case.


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O NOTICE
FOCOL HOLDINGS LIMITED



Invites all shareholders to attend its



ANNUAL GENERAL


MEETING

10:30 AM on

THURSDAY MARCH 27,2008
at
FOCOL Holdings Limited
Corporate Office
Queens Highway,
Freeport, Grand Bahama


Shareholders will be admitted
beginning at 9:30am



G


"Commonwealth Bank sincerely thanks all applicants for
their interest in becoming a part of our Bank, however, only
those under consideration will be contacted."


u









THE TRIBU NE W ED NESD A Y, M ARCH 19,2008LO CPA GEEW S


Pleasant Bridgewater's

sister testifies in

election court case
FROM page one
daughter.
Mr Kemp was served with a divorce petition in February 2006, the
witness said, but there were reconciliation attempts between the two
after this was done. He also asked her to manage his company
C&G Air Conditioning, which she did after March 2006, testified Ms
Bridgewater.
She held this post during the months of March through May that
year, she said, but her husband did not pay her. Old habits, she told
the court, also re-emerged during this period and the reconciliation
efforts failed.
Mr Smith, during his cross-examination, suggested that Ms Bridge-
water did not return to the Gladstone Terrace residence after Feb-
ruary 2006. Instead, he said, she stayed at the Juniper Lane home,
which is outside of Marco City. The witness rejected this suggestion.
Mr Smith produced a copy of Ms Bridgewater's divorce petition
signed in March 2007 to further challenge her statement that she
returned to the home after February 2006.
In the affidavit, Ms Bridgewater asserts that she did not return to
cohabit in their marital home after February 2006.
The witness agreed that she said that in the affidavit, but told the
court that the statement was written some time before the document
was filed. The information, therefore was based on the circum-
stances of months before, she testified. All the other information in
the affidavit was correct, she added.
Mr Smith then challenged the credibility of the witness, asking how
she expects the court to believe her when she swore one thing and
testified to something else.
Senior Justice Anita Allen intervened when Mr Smith asked this
question. She said that it is for the court to determine if it accepts her
evidence or not. What she expects is neither here nor there, said
Senior Justice Allen.


FROM page one
bell was explaining why he felt a
verdict of "natural causes with a
substantial and significant contri-
bution made by neglect" was a
suitable response to the evidence
presented during the 15-month
inquest into Mr Esfakis' death.
Doctor's Hospital, like all oth-
er private medical facilities in the
Bahamas, is licensed by the Hos-
pital and Health Care Facilities
Licensing Board (HHFCLB).
Addressing the chairman of
that board, Dr Kirkland Culmer,
Health Minister Dr Hubert Min-
nis and State Minister for Social
Development Loretta Butler-
Turner, Ms Esfakis' letter ques-
tions why an investigation into
Doctor's Hospital by the board
has still not come about despite
the fact that they were presented
with the evidence of her broth-
er's case in an official complaint
three years ago.
Under section 5 of the Act gov-
erning the board the Hospital
and Health Care Facilities Act
1998 two of its functions are to
"regulate and inspect" the facili-
ties it licenses and to "initiate


Esfakis
investigations into any matter
affecting the management, diag-
tnosis or treatment" of persons at
the same.
Furthermore, section 7 notes
that a license may only be grant-
ed by the board "on being satis-
fied" that the facility in question
"would be operating in the inter-
est of the public health or in a
manner not injurious to the pub-
ic health."
According to Ms Esfakis' letter,
delivered on Monday afternoon:
"The Board will appreciate that
as the licensing authority for DH,
it has a duty to ensure that DH
address the 'cumulative failures'
which the Coroner found con-
tributed to Christopher Esfakis'
death...
"The evidence in Court, and
the reasons for the verdict given
by the Coroner, support the alle-
gations made in the Complaint
against Doctors Hospital (DH)
dated 13th April, 2005, that Doc-
tors Hospital (DH) failed to meet
certain statutory requirements..."
The attorney asserts that the
board's only "interest" in the mat-


Residents
claim police
chase almost
resulted in
boy being shot

FROM page one
young boy who was walking on
Lincoln Boulevard. Instead,
they claimed, the bullet hit his
pet dog.
The angry mother of the boy
yesterday told ZNS News that
the dog was shot twice.
Residents also claimed that
the police officers knocked the
man they were chasing to the
ground and gun-butted him in
the head.
Mr Evans yesterday denied
this report. He said that at no
time was the man gun-butted
or injured in any way.
The suspect, a 22-year-old
resident of the area, was later
captured.
Police also reported that they
saw a 9mm handgun fall from
his waist while he was running.
It was later discovered that
the handgun was loaded
with 15 live rounds of ammuni-
tion.
ter should be that of "public safe-
ty."
"When the Board renews a
license to DH, or any clinic, it
represents to the public that the
hospital or clinic can meet the
standards under the Act, includ-
ing the ability to give 'appropriate
care.' Patients rely on this repre-
sentation when submitting them-
selves to be treated by that hos-
pital or clinic."
However, she ends by suggest-
ing that "if the oversight function
is not within the purview of the
inclination or ability of the board"
then the "honourable and hon-
est way forward" would be to
remove from the Act any sugges-
tion that the board has such a
responsibility when it comes to
the boards it licenses or that the
issue/renewal of a license by the
board "represents that any stan-
dard has been or can be met" by '
the facility.
"In this way, at least the Rule
of Law would be saved, as there
would be no laws to be
breached," she concedes.
Messages left for Dr Culmer,
Dr Minms and Mrs Butler-Tur -
er werefnot returned up to press -
time.yesierday..' 4' .


Cl


Ground broken on lbany
O pMr Anand also comended successive gov-
FROM page one ernments for working well with the develop-
ers and facilitating the project to its current
the future of Albany. status in only three years.
He added that the investors, including pro- "I must say the government (has) been
fessional golfers Tiger Woods and Ernie Els, moving incredibly quickly to facilitate the
are fully funded to execute 100 per cent of the start of Albany and we appreciate that. That
development. He also stressed that there was goes with every part of the government and
no debt associated with the financing, utility areas."
The project's bonding has been completed Albany's marina and golf course construc-
and is ready to be submitted to the Ministry of tion is slated to begin in two weeks, core
Works. This will allow the developers to start amenities and cottage construction are to start
vertical construction on the site in a couple of in May in keeping with Phase l's targeted
weeks, Mr Anand said. opening date for the winter of 2009.





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PAGE 12, WEDNESDAY, MARCH 19, 2008


THE TRIBUNE


d


t.^t










TRIBUNE


WEDNESDAY, MARCH 19, 2008


Road upgrade


project seeking


'final approval'


* By NEIL HARTNELL
Tribune Business Editor
"F I N A L
approval" is now
being sought
from Cabinet to
enter into a con-
tract for the New
Providence
Road Improve-
ment Project .
with an Argen-
tine construction
firm, The Tribune was told yes-
terday, with the project set to
provide "significant opportu-
nities" for the construction
industry and commercial prop-
erty development.
Earl Deveaux, minister of
works and transport, said that
if everything went to schedule,
work on the project encom-
passing 23 road corridors and
junctions would start in May,


* Work on 23 New Providence
intersections to provide
'significant opportunities'
for commercial property
development and
construction employment
* Project government's
'second biggest capital
project ever', requiring
'well over' $100m

with the winning bidder,
Argentine company Jose
Cartellone Construcciones
Civiles (JCC), arriving in the
Bahamas in June 2008.
Dr Deveaux told The Tri-
bune: "There has been tremen-
dous progress. We concluded

SEE page 5B


'Unacceptable' quality costs



BISX-listed firm $452,184


* By NEIL HARTNELL
Tribune Business Editor
/ Unacceptable"
water quality issues
at its Windsor plant
forced BISX-listed
Consolidated Water
to pay $452,184 in penalties to
the Government in 2007,
something' the company has
taken steps to rectify by
removing management and
other staff.
Reporting net income of
$11.388 million for the year to
December 31, 2007, a rise of
51 per cent. Rick McT.igg.irt,
Consolidated Water's chief
executive, told Wall Street ana-
lysts in a conference call that
problems at the Windsor plant
- one of two the company
operates on New Providence -
caused its B.ah.imion opera-
tions to -"'trLiele'a bit" in the
fourth quarter.
Mr McTaggart said this was
due to "unfortunate and unac-
ceptable" water quality con-


Consolidated Water unable to book $332,000 it claims Water & Sewerage
Corporation owes it due to difference over contract completion date


trol issues. Adding that "the
Bahamas operation has been
slower than others to enhance
quality control procedures",
the Consolidated Water chief
executive said the company
had moved to rectify the situa-
tion by removing management
and other staff.
He added that Consolidat-
ed Water had engaged a
Bahamian engineer as Wind-
sor's general manager, and his
"knowledge and expertise is
already producing results".
Through improvements to
Windsor's feedwater and
membranes, Mr McTaggart
said profitability of the
Bahamian operations should
improve in the 2008 second
half.
Expanding on the issues at
the Windsor plant, Consoli-
dated Water said in its form


10-Q, filed with the US Secu-
rities and Exchange Commis-
sion (SEC): "Within the past
three years, we have experi-
enced various equipment fail-
ures and operational problems
[at Windsor], which caused us
to incur penalties for not sup-
plying minimum water vol-
umes to the Water & Sewerage
Corporation.
"We also incurred penalties
for not meeting diesel fuel and
electricity efficiencies specified
in our water sale agreement
with the Water & Sewerage
Corporation. These penalties
totaled $452,184, $367,257, and
$571,349 in 2007, 2006, and
2005, respectively.
"We have undertaken a pro-
gramme to replace certain
equipment prone to repetitive
failure and to reduce the foul-
ing tendency of the feed water


to the plant."
There was somewhat better
news when it came to Consol-
idated Water's dispute with the
Water & Sewerage Corpora-
tion over whether it had ful-
filled the non-revenue water
(NRW) component of the con-
tract that secured it the right to
build, own and operate the
Blue Hills reverse osmosis
plant.
The non-revenue water stip-
ulation required Consolidated
Water to reduce the water lost
from leaks in the Water &
Sewerage Corporation's New
Providence pipe distribution
system by one million gallons
per day, or 438 million gallons
per year.
Until it proved it had

SEE page 5B


Albany: Bahamian

realtnr s can benefit


Emerald Bay resort's buyer


from resale 'millions' has Roker's Point 'interest'
fr om resale 'millions'


By CARA BRENNEN-
3- BETHEL
Tribune Business
Reporter

BAHAMIAN real estate
agents could benefit tremen-
dously from home re- sales at
the Albany Golf & Beach
Resort, which the developers
said yesterday could amount
to possibly "a couple hundred
million dollars a year".
Speaking at a construction
launch media event yesterday,
Albany's managing partner,
Christopher Anand, explained
that Bahamian realtors will
play a vital role in residential
sales at the project.
"We're not able to sell real
estate yet. When we get our
subdivision stamped and lots
approved for sale, we are excit-
ed for Bahamian realtors to get
involved," Mr Anand said.
"What I can tell you is that
we have already launched the
information to the Bahamian
realtor public, and we are
expecting that they will bring
people who are interested in
Albany as we speak.
Bahamian realtors are
going to be very important to
this initiative, and as you know,
not only is that an important
component initially, but in the
re- sale market, where a com-
munity like Albany could gen-
erate a couple hundred million
hundred dollars a year in resale
value. This is an area exclu-
sively reserved for Bahamians.
So they are playing a role
already today."
Mr Anand said that to date,
Albany's developers had spent


Developers spend
$80m to obtain permits
and get project ready
for construction

$80 million to reach the con-
struction start in their devel-
opment, which included the
costs for initial permits and per-
formance bonds. process.
Phase one, which will start
vertical construction soon, will
involve a $275 million hotel,
community infrastructure and
road expansion, and tie in
water treatment facilities.
The second phase, estimat-
ed at $500 million includes the
custom homes, which will pro-
vide a steadier demand on the
Bahamian construction indus-
try and employment within the
next five tolO years.
Mr Anand said Albany has
had strong interest in the pro-
ject, with at least 80 founder
members from 12 countries.
He added that while the
developers went through the
Government approval process,
they went ahead and complet-
ed all the design work work-
ing with six international archi-
tects.
This meant, Mr Anand said,
that Albany was prepared to
start the vertical construction
straight away.
He explained that because
they do not want the persons
living around the marina to live
in a construction zone, they
intend to build all the water-
front buildings at once, regard-
less of whether they have been
sold.


* By NEIL HARTNELL
Tribune Business Editor
THE Four Seasons Emerald
Bay Resort's purchaser was
yesterday said to have already
acquired the adjoining Roker's
Point project for a multi-mil-
lion sum, as the Exuma hotel's
receivers admitted the sales
agreement reached with
Ambrose Holdings (Bahamas)
"took longer than we would
have liked".
Russell Downs, a UK-based
partner in the Pricewater-
houseCoopers (PwC) account-
ing firm, who with Bahamian
PwC partner Wayne Aranha
acted as Emerald Bay's
receivers, said that while the
purchase had yet to close, the


Receivers for Exuma anchor property say sale 'took
longer than we would have liked', but 'heavy lifting'
done and 'further down road' to closing with
Ambrose Holdings than ever before


pair had "done the heavy lift-
ing" in closing a sale.
Although indicating that
Ambrose Holdings (Bahamas)
would be the entity to disclose
its plans for developing Emer-
ald Bay and its b.ickIround.
Mr Downs confirmed:
"They've got lots of interests
but. most notably, they have
got an interest in the Roker's
Point development adjoining
Emerald Bay."
Separately, sources close to
the situation told The Tribune


that Ambrose Holdings
(Bahamas) had acquired the
Roker's Point project for a
sum reported to be $120 mil-
lion.
Ambrose Holdings
(Bahamas) did not divulge
much about itself in its press
release announcing that it had
agreed a deal to purchase the
Four Seasons Emerald Bay
Resort.

SEE page 4B


Take Control


Lease uncertainty

places Film Studios

purchase 'on hold'


* By NEIL HARTNELL
Tribune Business Editor


THE Bahamas
Film Studios'
potential pur-
chaser yesterday
told The Tribune
that the Govern-
ment's plan to
terminate the
project's lease
had left its offer
in a 'wait and


see' mode, although it
remained committed to invest-
ing between $70-$120 million
to fulfill the development's


original vision.
Owen Bethel, president of
the Nassau-based Montaque
Group, who put the Bahamas
Filmlnvest International con-
sortium together, told The Tri-
bune that while it remained
committed to its plans and the
purchase agreement, it could
not advance on either front
until the Government's inten-
tions were clear.
"Having looked at it before,
we know the project will cer-
tainly require in the range of


SEE page 6B


ROYAL FIDELITY
Money at Work


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(242) 351-3010






THE TRIBUNE


PAGE 2B, WEDNESDAY, MARCH 19, 2008


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BAHAMAS Realty's chief
executive, Larry Roberts, has
been named to the newly-
formed six-member Leading
Real Estate Companies of the
World International Adviso-
ry Board. In this capacity, he
will represent 145,000 sales
associates in 36 countries.
The International Advisory
Board is comprised of non-US
Leading Real Estate members,
who are committed to expand-
ing the value proposition of
the company's international
membership programmes.
Leading Real Estate Com-
panies of the World is a glob-
al real estate network com-
prised of nearly 700 of the best-
known local and regional real
estate firms, with more than
5,000 offices and 145,000 sales
associates in the US and 35
countries abroad.
Leading Real Estate affili-
ates generate $400 billion in
home sales, representing more
than 1.3 million transactions
annually. Seven of the US' top
10 real estate firms are Lead-
ingRE affiliates.
"It is an honour for me to
accept this appointment to the
Leading Real Estate Compa-
nies of The World Advisory
Board," said Mr Roberts. "The
other members of the Adviso-
ry Board are each leading real
estate brokers in their respec-
tive countries. I am humbled
to have been asked to join this
illustrious group, and am sen-
sitive to the responsibility of
six persons serving in an advi-
sory capacity finding the means
to represent the diverse needs
145,000 professionals, and the
common desire to continue
growing the professionalism of
the industry worldwide.
"The appointment of the
Advisory Board is a further
indication of the commitment
of Leading Real Estate to
building and establishing the
pre-eminent global network of
real estate professionals."
In addition to Mr Roberts,
board members include chair-


man Mike Green (Harcourts
International Ltd), Jose Ribes
Bas (Inmobiliaria Rimontgo,
Spain), Jorge Philippe (Quali-
ty Inmobiliaria Habitat, Mexi-
co), Beverly Sunn (Asia Pacif-
ic Properties Ltd, China) and
Benedetta Vigano (Giorgio
Vigano, Italy).
"We are so pleased to have
the leadership of this distin-
guished group as we continue
to expand our global cover-
age," said network services
president Ruth Ann Pepple,
who heads Leading Real
Estate's international pro-
grammes. "We see an increas-


ing need to provide service in a
global marketplace, as demon-
strated by the fact that our
LuxuryPortfolio.com websites
regularly attract visitors from
125 countries. The Advisory
Board will help us meet this
objective as we add new inter-
national programmes."
The network's international
activities in recent years have
included international mem-
ber conferences in Dublin, Ire-
land and Valencia, Spain, with
another conference scheduled
for September 14-16, 2008, at
the Rome Cavalieri Hilton in
Rome, Italy.


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51 Frederick Street
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Applicants will have a solid understanding of the following Iluman Resources
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* Recruitment & Resource Planning
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* Proven ability to deliver Best Practice Human Resource Services & Practices
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BUSINESS I


THE TRIBUNE


I


.......... i






WEDNESDAY, MARCH 19, 2008, PAGE 3B


THE TRIBUNE


Food


shoppers

are urged

to be cost

conscious
* By CARA BRENNEN-
BETHEL
Tribune Business Reporter
BAHAMIAN consumers
were yesterday urged to be pru-
dent in their food shopping, as
the oil price-induced rise in
shipping and fuel costs will like-
ly affect the cost of all food
items.
One food store manager told
Tribune Business that prices
were increasing across the
board, and not just because of
spiralling fuel costs.
He pointed out that the cost
of ethanol, a corn by-product
that is a component of most
foods, has also skyrocketed,
prompting an increase in the
price of several food products.
For example, the manager
aid the price of turkey will
soon see a major spike, because
these anmials feed on ethanol-
based products.
Other such products include
soy-based foods, whose prices
are also on the rise. The store
manager said bread basket
items, such as bread cereal and
rice, which are protected by
government price controls, have
remained fairly stable.
A wholesale agency execu-
tive said prices were increasing
everywhere, and his company
was looking at possibly bring-
ing in other brands to combat
costs. He said that aside from
that, there was very little that
can be done due to worldwide
developments.
The food store manager said
Bahamians need to become
more prudent in their shopping
habits and make cost-conscious
decisions.
"They need to be shrewd
shoppers and let their dollars
stretch more. But Bahamians
are very name brand conscious,
and they want the Nabisco
brand rather than the generic
brand which is cheaper," the
store manager said.


Share

your

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


Road re-rou


for Albany starts


M By CARA BRENNEN-BETHEL
Tribune Business Reporter
WORK on the road rerouting neces-
sary to facilitate the $1.3 billion Albany
Golf & Beach resort started yesterday,
with the developers expecting this com-
ponent to be completed within the next
six months.
Albany's managing partner, Christo-
pher Anand, said the re-routing of South-
West Bay Street around the 565-acre
upscale mixed-use resort community was
the first step in developing an alternative
public road. The new road will eventual-
ly run parallel to the BEC power lines
from the Clifton Pier Power Station.
The road works are in accordance with
the agreement the developers made with
the Government to commence construc-
tion of the project within seven days, fol-
lowing the execution of a road swap
agreement.
The Government has compulsorily
acquired land from 14 private owners to
facilitate the road re-routing, with the
Albany developers putting up the funds to
acquire these plots some $3.7 million.


Only three have accepted the offers for
their land to date, with the possibility of
going to the Supreme Court to obtain a
higher price open to the others.
Mr Anand said yesterday of the road
acquisition: "The Government purchase is
complete."
He added that at the time of the Heads
of Agreement negotiations, the value of
those properties were one number, and by
the time two independent appraisals were
done later, the valuations were about
three times that number .
-"Then we took that number and the
Government added, generally speaking,
an additional 30 per cent," Mr Anand
said. "There were a couple of situations
where people had structures on their
property, so they were compensated more
because of that. So I would say given the
global downturn in the real estate market
that everyone has endured in the last 12-
18 months, those properties seem to have
done pretty well."
Mr Anand said there was no concern
that Bahamians will be priced out of the
southwestern New Providence real estate.
'I don't think so. I look at it slightly


Donaldson to chair BTC's privatization


COMMONWEALTH
Bank chairman T. B. Don-
aldson has been named as
head of the Bahamas
Telecommunications Com-
pany's (BTC) privatization
committee, the group having
been mandated by the Prime
Minister to make recommen-
dations on the company's pri-
vatisation "with a reasonably
short timeframe".
Apart from Mr Donald-
son, the other Committee
members include:
Julian Francis, former
Central Bank Governor and
BTC's executive chairman
Felix Stubbs, general
manager, IBM Bahamas
Wendy Warren, chief
executive, Bahamas Financial
Services Board
Michael R. Moss, chair-
man of the Broadcasting Cor-


portion of the Bahamas
Simon Wilson, director of
economic planning. Ministry
of Finance
Tellis Symonette. vice-
president, broadband and
wireless, BTC
Felicity L. Johnson, vice-


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and residential project at North Eleuthera invites suitably qualified
individuals to apply for the following positions with the company:

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president, legal, regulatory
and interconnection, BTC
David R. Davis, director of
investments at the Bahamas
Investment Authority, is sec-
retary to the Privatisation
Committee.
At the first meeting of the
committee at the Prime Min-
ister's Office on Tuesday,
March 13, 2008, the commit-
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of the privatization within a
reasonably short time frame.
The committee has begun
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process, and will consult with
BTC's unions on matters of
relevance as the privatization
process progresses.


differently, because there are a lot of .
Bahamians who live here today, starting
with Adelaide, and they are pretty excit-
ed about what's going on.
"I heard that they are turning down
$350,000 for lots that they couldn't get
$60,000 for a few years ago, so the people
who own property here are Bahamians
and they are doing pretty well," Mr
Anand said.
"I think that the other side is that devel-
opment is really growing around here,
and that means that all levels of income
have to be dealt with.
"What will happen is that development
will continue, and what we need to have
happen in this area is more affordable
housing, because there will be people who
will be part of this community, working.
here, providing services.
"One of the things that we are talking
about with our sister company, New Prov-
idence Development Company, is
whether to create some apartments or
things like that because otherwise what
are people going to do, drive to work
from across the other side of the island? It
does not work."


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Emerald Bay resort's buyer has Roker's Point 'interest'


FROM page 1B
Describing itself as a "leisure
investment group", the com-
pany appears to be run from
the UK, given that it has
named a British company, The
Hogarth Partnership, to han-
dle its public relations.
Ambrose's chief executive
was named as Steven J Kane,
who revealed precious little
detail on the company's plans
for Emerald Bay and Exuma
as a whole, given the Roker's


Point interest that effectively
positions it as the island's main
economic and employment
engine.
All Mr Kane said was to
promise that Ambrose Hold-
ings (Bahamas) plans for an
"enlarged" Emerald Bay
would be to "make it one of
the most spectacular in the
world".
Confirming that an agree-
ment had been reached for
Emerald Bay's purchase with


Ambrose Holdings (Bahamas),
Mr Downs told The Tribune:
"A definitive deal has been
done. It's a lot more than 'in
principle'.
"It is subject to closing.
That's what everyone is work-
ing on at the moment, to close
as soon as possible."
Mr Downs added: "I think
it's taken longer than we would
have liked, but when we began
this process the credit markets
were a different place. I think


we've done the heavy lifting.
We're much further down the
road than we've ever been
before. It's a complex asset,
and to go from no deal to a
final deal is a challenge."
The Ambrose Holdings
(Bahamas) purchase is likely
to be conditional on obtaining
the required Bahamian gov-
ernment approvals, something
Mr Downs said the company
was likely to be "working on
right now".
The PwC partner said he
was now focused on the tran-
sition to the new owners, with
the receivers able to "begin
our exit", having done their
job in preserving and securing
the resort's assets and deliver-
ing them to a new owner.
Acknowledging that the
global credit/liquidity crunch
had impacted the sales process
for Emerald Bay, which began
in late 2007, Mr Downs told
The Tribune: "It undoubtedly
narrowed the opportunity. But
ultimately, there's a lot of
potential out there able to do
that transaction. It limited us a
little bit, but not as much as it
might have."
Describing the purchase
agreement as "
the news Exuma's been wait-
ing for for some time", Mr


Downs said Emerald Bay had
attracted much buyer interest,
ensuring the sales and bidding
process. was competitive
throughout.
"We're pleased the resort
has been secured, and that the
staff are going on to new own-
ership and all the opportuni-
ties that will bring," he added.
The Four Seasons Emerald
Bay resort went into receiver-
ship on June 22, 2007, after its
parent company, Emerald Bay
Resort Holdings (EBRH), had
defaulted on its debt repay-
ments some two months earli-
er.
The PwC receivers previ-
ously thought they had found a
buyer in the shape of New
York-based Fortress Invest-
ment Group, but ultimately
that deal fell through and the
search recommended.
Tribune Business revealed
as far back as 2005, and regu-
larly throughout 2006, that the
EBRH investor group was
attempting to either sell Emer-
ald Bay the original 'anchor
property' model for Family
Island tourism development -
or attract in additional
investors and capital, with the
project failing to generate a
profit.
Among previous deals that


fell through were those with
Minnesota-based company,
Petters Group Worldwide, a
consortium featuring Goldman
Sachs real estate private equi-
ty firm and Rockpoint, anoth-
er private equity group, and an
approach to the financial
backer for Ginn Clubs &
Resorts $4.9 billion West End
project, the Philadelphia-based
Adler Group.
Therefore, some on Exuma
may not believe a deal for the
56-acre property, which fea-
tures two marinas covering 11
acres, will have been done until
it is done. The marinas can
accommodate vessels up to 200
feet in length, while rooms at
the Four Seasons hotel can
fetch up to $375 per night.
While Four Seasons, as the
brand/operating/management
partner, has made a profit, the
EBRH owners never realized
one due to the high construc-
tion costs and subsequent debt
load they were saddled with.
They also failed to fully unlock
real estate sales at the project,
a key driver of cash flow and
profits, while upgrades are still
needed to the marinas.
Although EBRH's main
creditor has never been iden-
tified, The Tribune has been
informed that it is the London
branch of a Japanese financial
conglomerate called Sumito-
mo Mitsui.
The resort has acted as Exu-
ma's main economic engine,
attracting additional foreign
direct investment to the island.
It employs almost 500 staff,
and features an 18-hole Greg
Norman Golf Course, two
restaurants, three pools, spa,
six meeting rooms and 450-per-
son capacity ballroom.
Other investment projects
attracted to the Emerald Bay
vicinity include the resort's
Pinnacle Entertainment-man-
aged $5 million casino, the
$110 million Grand Isle Villas
development, plus the 80/50
fractional ownership compo-
nent.
A shopping complex has also
opened at Emerald Bay, the
anchor retailer being the
Emerald Isle supermarket. The
complex also includes 'busi-'
nesses such as Scotiabank and'
Mail Boxes Etc.


Core responsibilities:


* Manages a branch in Nassau with approximately thirty
employees.
* Plans branch's work on a weekly and monthly basis,
including setting goals, adjusting priorities and
deadlines.
* Provides leadership in area of consumer and
mortgage loans.


Knowledge, Skills andAbilities:


* Bachelor's degree, plus five (5) years banking experience.
* Core knowledge of accounting and finance to track and manage
budgets.
* Knowledge of Banking laws, including requirements of The
Central Bank of The Bahamas which governs Commercial
Banking.
* Strong supervisory skills to manage staff, build teamwork, as
well as excellent customer service skills.
* Strong oral and written communication skills as well as to
interact with staff, the general public.
* Time management and organizational skills.


Benefits include: Competitive salary commensurate with
experience and qualifications; Group Medical (includes
dental and vision) and Life Insurance; Pension Scheme.


Interested persons should apply no later than

March 31st, 2008 to:


DA 60935

c/o The Tribune

P.O. BoxN3207

Nassau, Bahamas


An entrepreneurial spirit, original thinking, and a passion to succeed.
If you have it, we want you.

We are growing!
Fidelity invites applications for the position of:


GRAPHIC ARTIST

PROFILE:
Bachelor's Degree preferably in Graphic Design or related field
Proficient in Adobe Illustrator, Photoshop, InDesign
Working knowledge of HTML, Flash and web design
Strong artistic skills in design and layout
Ability to handle multiple projects with changing priorities
Strong production skills
Responsible with a strong work ethic


HUMAN RESOURCES
Re: Graphic Artist
51 Frederick Street
RO. Box N-4853
Nassau
F: 328.1108
careers@fidelitybahamas.com

[ABSOLUTELY NO PHONE CALLS]


* Organized and disciplined
* Excellent oral and written communication skills
* Proficient in PC platform
* Personable

RESPONSIBILITIES WILL INCLUDE:
* Assisting the Marketing / PR director
* Researching, designing, and maintaining a variety of promotional
materials and tools to support the company's image, design
standards and marketing goals
* Producing and editing marketing materials
* Building and maintaining mixed media relationships


*PORTFOLIO REQUIRED*

An attractive compensation package, including a
comprehensive range of employee benefits, is
being offered.

Salary range subject to qualifications and experience.


INTERNATIONAL BUSINESS COMPANIES ACT, 2000
(No. 45 of 2000)

BLONBURG INTERNATIONAL LIMITED


Notice is hereby given that in accordance with Section 138 (8)
of the International Business Companies Act, 2000 No. 45 of
2000, the Dissolution of BLONBURG INTERNATIONAL
LIMITED has been completed, a Certificate of Dissolution
has been issued and the Company has therefore been struck off
the Register. The date of completion of the dissolution was the
12th day of March, 2008.


f. .. . ~'"" .


1,


PAGE 4B, WEDNESDAY, MARCH 19, 2008


VACANCY FOR THE POSITION OF:

BRANCH MANAGER

MAJOR COMMERCIAL BANK


THE TRIBUNE









THE TIBUN WEDESDA, MACH 1, 208,IPGES5


Doctors Hospital achieves





'highest profit in history'


DOCTORS Hospital Health Sys-
tems (DHHS) generated the "highest
net income in the company's histo-
ry" during the year to January 31,
2008, something that has enabled its
directors to declared a $0.02 per share
dividend.
The dividend is payable on March
31, 2008, to shareholders of record


date March 18, 2008.
Joanne Lowe, DHHS' interim chief
financial officer, said in a statement:
"Doctors Hospital has ended its fiscal
year 2008 with the highest net income
in the company's history. Ensuring
our ongoing financial strength is crit-
ical to the Hospital's continued suc-
cess.


"By experiencing growth in both
our inpatient and outpatient service
areas, we are able to reinvest in ser-
vices and the facility that best meets
our patients' needs. Financial strength
speaks to the quality care and cus-
tomer service that is at the heart of
everything we do."
Joe Krukowski, Doctors Hospital's


chairman added: "We are pleased
with Doctors Hospital's results for
the year-end fiscal 2008.
"We are confident in our financial
status and the ability to return to a
consistent dividend payment sched-
ule. Our shareholders have been loy-
al to us; we are pleased to make this
announcement at this time. And the


board of directors' decision to declare
the cash dividend again reflects our
strong capital position and our com-
mitment to increasing value to Doc-
tors Hospital shareholders."
DHHS' previous record profit was
recorded in fiscal year 2006, when it
produced net income of $3.534 million
or $0.35 per share.


'Unacceptable' quality costs BISX-listed firm $452,184


FROM page 1B

reached this goal, the company was
required to provide the Water & Sew-
erage Corporation with 1.2 million
gallons of free water per day from
the Blue Hills plant.
The BISX-listed company said it
believed it had met this obligation by
March 1, 2007, and invoiced the
Water & Sewerage Corporation for
the $618,000 in free water it had sup-
plied between that date and Septem-
ber 30, 2007.
That date was disputed by the
Water & Sewerage Corporation. It
subsequently sent a letter to Consol-
idated Water stating that the non-rev-


enue water project was completed on
July 1, 2007, which has left the two
sides now trying to bridge a four-
month gap that divides the two par-
ties.
As a result, Consolidated Water
has not booked the $332,000 in rev-
enues that it believes it is owned by
the Water & Sewerage Corporation
for the period March 1-July 1, 2007.
Consolidated Water said in its 10-Q
filing: "In September 2007, using stan-
dards promulgated by the Interna-
tional Water Association, we com-
pleted an internal assessment of our
progress in achieving the water sav-
ings required under the Blue Hills
agreement and submitted our assess-


ment to the Water & Sewerage Cor-
poration.
"Based upon this assessment, the
standards for which require us to val-
idate the results for a period of time
prior to September 2007, we believe
we met the NRW requirement effec-
tive March 1, 2007. Consequently, we
have invoiced the Water & Sewerage
Corporation (but did not previously
recognize as revenue) approximately
$618,000 for the non-revenue water
provided from March 1, 2007, through
September 30, 2007.
"The Water & Sewerage Corpora-
tion has confirmed by letter dated
January 11, 2008 that the NRW pro-
ject was completed on July 1, 2007,


but has not provided any technical
support for this later completion date.
We have disputed the July 1, 2007
completion date and have asked
Water & Sewerage Corporation for
technical information in support of
this decision. We have subsequently
closed out the NRW project and dis-
charged all remaining NRW obliga-
tions to Water & Sewerage Corpora-
tion.
"While we believe we have met the
NRW requirement as of March 1,
2007, and are therefore contractually
entitled to receive payment for all of
these NRW invoices, because of the
uncertainty associated with the Water
& Sewerage Corporation review and


approval of our assessment, we have
reserved for the NRW amounts
invoiced for the period March 1, 2007
through June 30, 2007 of approxi-
mately $332,000 in our results of oper-
ations for 2007. We can offer no assur-
ances as to whether or not the remain-
ing NRW invoices will ultimately be
collected and recognized as rev-
enues."
Mr McTaggart also sounded an
optimistic note over the company's
dispute with the British Virgin Islands
government over ownership of a
reverse osmosis plant on that territo-
ry, indicating the dispute could be
resolved soon with the aid of a change
in government last summer.


Road upgrade project seeking 'final approval'


FROM page 1B

the bids with JCC, we have
concluded negotiations and
gotten Tenders Board
approval. We are now at the
point of seeking final approval
for the Government to enter
into the contract.
"The supplementary fund-
ing [for the project] would
have-ito.be approved by the.
I{B,;;it. W.e ,have receive.4 a:
'no objection' letter fromt.hen.
If everything goes according
to the schedule, we should see
some preliminary works going
on in May, certainly no later
than June. The company [JCC].
that won the bid will be in the
country in June."
This date was designed to
give JCC enough time to
mobilise manpower and equip-
ment required for the job.


Dr Deveaux told The Tri-
bune that the New Providence
Road Improvement Project
would be "the second biggest
capital investment" the Gov-
ernment had undertaken,
behind the anticipated $400
million upgrade of Lynden Pin-
dling International Airport
(LPIA).
He added that the roads pro-
ject would cost "well over"
$S100 million, and provide a
welcome boost to the Bahami-
an construction industry in the
wake of the Baha Mar tliaplr
pointment. Bahamian contrac-
tors and tradesmen would be
able to sub-contract for work
with JCC.
While the project would
"vastly improve" commuting
times on the major New Prov-
idence road corridors, reduc-
ing congestion and improving
vehicle flows, Dr Deveaux said


it would also create opportu-
nities for the private sector.
Apart from the participation
of Bahamian pavers and other
sub-contractors, bringing with
it "huge employment oppor-
tunities", Dr Deveaux said
"significant opportunities"
would also be created for com-
mercial property development.
Dr Deveaux said that to
date, the Government had
cleared all utility lines and,.
pipes from the road corridors;
included in the original inter-!
n'AtiodaT'TRTTage. ItI"Ns'
now in the process of doing the
same for the other sites, and
"where we are not able to do
so", the cost of such work
would be added into JCC's
price.
JCC won the contract with
an almost-$87 million bid, its
original $95 million price hav-
ing been discounted by 8.62


per cent. Other bidders were
Jani.ica-based Surrey Paving
& Aggregates with $71 million;
Malphrus Construction with
$88.253 million, and Ranger
Construction Industries at
$107.586 million.
Among the additional works
added into the project are
additional road improvements
to the junction at East Street
and Bamboo Boulevard;
improvements to three inter-
sections on Abundant Life
Road, at East West High-
way/Abundant Life Road, Sol-


dier Road/Abundant Life
Road and Soldier Road/Wind-
sor Place; and the Bethel
Avenue section of road
between Thompson Boulevard
& Mil, Butler Highway
RoundaL ut through Millen-
nium Gardens.
Also included are new roads
that include the extension of
Sir Milo Butler Highway from
Carmichael to Cowpen Road,
and a Waterworks Pipe
Renewal Programme.
Dr Deveaux said it was


the New Providence Road
Improvement Project under-
way and completed, given that
rising oil and shipping costs
were driving up the price of all
key construction materials,
such as steel and cement.
"The road improvements are
essential to improving the cap-
ital stock of our city, dealing
with the huge traffic issue," Dr
Deveaux said. "This is a major
first step. It's the most signifi-
cant thing we can do to allevi-
ate traffic congestion in the


"incredibly-itportant '-to-rt- -- short term."


I I1


= 'Legendary Past... Glorious Future!'

Now accepting applications for teachers for September, 2008
for the following areas:

EARLY LEARNING CENTRE (Aqes 3-5)
Classroom Teachers

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Modern Languages (French and Spanish), Special Needs

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Chemistry, Biology, Geography, Mathematics, Home Economics, Art


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* A minimum o 'a Eachelor'- Degree ifrom i : the cl.le-r pri.'re *'-chc.cl in The i'riianv:
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cerdfied copy of certificate ni.1 :rirong :en:e cl'communni.y
* A p.:t graduate cert ilic, in eilue itiorn or ''iTer- rich -urn'iculunm
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copy olce .rai.cae rea.n-hng I .A1"
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make a cormmtrnierlnt t0 "cril ,r. harmon,r ,,ueenr: C'.:lle "..a: e:r,al.AL :h.L l- I in l ::au
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emph -e: or Thee E irT," 'rlrr, l rn e r Tro1T-e iT-rnr -r- I ,..r- .:,l :-c.- r i
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1': :pLt Unr.er:,Te: ilAl,?'Li,

Application forms are available from the Human Resources Office at the school or may be downloaded from
our award winning website ww.T iqchencefoith com. The completed application, together with a covering
letter, a statement of educational philosophy and a recent photograph must be sent to:
The Principal
Queen's College
P.O. Box N7127
Nassau, Bahamas
Or faxed to: 242-393-3248. or emailed to dlynch@qchenceforth.com and should arrive no later than
March 31, 2008. Candidates short-listed will be contacted by telephone, fax or email for an interview

1QaN'SCOLL901
PO. Bux N-7127
Naasau. Bahames
Tel: (24)393-1666r393-2L5.3 39-2646 Fax: (42)393-3248
Webusit www.qthencerorth.com Email aueeni.aqchan(eforth.com


An entrepreneurial spirit, original thinking, and a passion to succeed.
If you have it, we want you.

We are growing!
Royal Fidelity invites applications for the position of:


RECEPTIONIST -


PROFILE:
At least 1-2 years of relevant work experience handling
receptionist duties
Good communication and interpersonal skills


PLEASE SUBMIT BEFORE
March 28th, 2008 to:


HUMAN RESOURCES
Re: Receptionist
51 Frederick Street
P.O. Box N-4853
Nassau
F: 326.3000
careers@royalfidelity.com


[ABSOLUTELY NO PHONE CALLS]


* Good working attitude
* Presentable, confident and customer service-oriented
* Pleasant disposition, courteous and professional telephone
technique and behaviour
* Microsoft Office proficiency


RESPONSIBILlilTES WILL INCLUDE:
* Front desk/customer service duties
* Maintain the reception area in a presentable and welcoming
condition.
* Handle all incoming calls & handle customer queries in a courteous,
helpful and professional manner
* Manage meeting rooms and reception of customers promptly
* Other ad hoc duties when required

A competitive compensation package will be
commensurate with relevant experience
and qualification.


m


WEDNESDAY, MARCH 19, 2008, PAGE 5B


THE TRIBUNE


Queen s Co ~ege


I


I


DI















Lease uncertainty places Film





Studios purchase 'on hold'


FROM page 1B

$70-$120 million unnecessary
investment," Mr Bethel said.
"My group is certainly com-
mitted to the project, and if
the Government approves our
proposal we intend to honour
it. But if the Government does
take pre-emptive action, we
will have no choice but to
negotiate with the Govern-
ment for the asset."
The pre-emptive action Mr
Bethel referred to was Prime
Minister Hubert Ingraham's
announcement in the House
of Assembly, first revealed by
The Tribune, that the Govern-
ment intended to terminate the
Bahamas Film Studios' lease
on the 3,500-acre former US
Air Force Missile Base on
Grand Bahama.


The site is entirely Crown
Land that is leased from the
Government, and Mr Ingra-
ham said Gold Rock Creek
Enterprises, the Studios' hold-
ing company, was in default on
the lease.
This has been denied by
Ross Fuller, Gold Rock
Creek's chairman and head of
its ultimate parent, Bermuda-
based Ashby Corporation. It
is not clear, though, whether
Mr Ingraham's default asser-
tion is related to the lease pay-
ments or Gold Rock Creek's
obligations, undertakings and
deadlines set out in its 2003
Heads of Agreement with the
Government.
Informed sources told The
Tribune that the Attorney
General's Office was now
reviewing the Bahamas Film
Studios situation, in order to


prepare recommendations and
advice on the options open to
the Government regarding the
lease. Given the uncertainty,
the sources said Bahamas
Filmlnvest was watching and
waiting to see what happened.
When questioned by The
Tribune, Mr Bethel confirmed
that his group's purchase offer
and proposal to further devel-
op the Bahamas Film Studios,
which has been submitted to
the Government, were on hold
until the lease situation was
clarified.
"We have to wait and see
what action the Government
formally does take. We are
essentially doing that," Mr
Bethel said, when asked by
The Tribune whether the
group's offer was in 'wait and
see' mode.
Achieving the original vision


for the Bahamas Film Studios
is likely to require a five to 10-
year build-out. The initial goals
will be to enhance the water
tank where the Pirates of the
Caribbean II and III sequels
were filmed, plus complete the
sound stage and all film-related
facilities.
The other project compo-
nents, such as a resort, theme
park and residences, are likely
to follow later.
If the Government does ter-
minate the lease, the sales
agreement signed last October
between Mr Fuller and
Bahamas Filmlnvest will
essentially be voided, as the
revocation would deprive Gold
Rock Creek Enterprises of the
main asset it is selling.
Mr Fuller, for his part, told
Tribune Business on Monday
that he was seeking a meeting


with the Government "to dis-
cuss and determine what their
position is".
He added that Gold Rock
Creek Enterprises had "been
requesting a decision from the
Government since last Octo-
ber" on whether it would
approve the Film Studios' pur-
chase by the Bahamas Filmln-
vest International group but
"have not received any indica-
tion from them".
"If the Government decides
not to approve the Bethel
group, we have another invest-
ment group prepared to step
into their shoes with at least
as much investment," Mr
Bethel added.
The price being offered by
Mr Bethel's group is thought
to be less than. $14 million
agreed in a previous deal with
Mr Fuller, which fell through.


The two sides were able to re-
engage and again come to a
sales agreement in principle,
but that deal is also potentially
blocked by injunctions
obtained by Bahamas Film
Studios' creditors.
The two key injunctions
were obtained by Bahamian,
companies Islands by Design
and Phoenix Engineering, who.
are understood to be claiming
they are owed $125,000 and
$300,000 respectively, for
unpaid work related to envi-
ronmental impact assessments
(EIAs) and engineering.
Mr Fuller told The Tribune
that the injunction obtained by,
Phoenix Engineering was
being appealed, while the sum
owed to Islands by Design
would be settled by Mr
Bethel's consortium or anoth-
er purchaser.


NOTICE
NOTICE is hereby given that GINSON ALBERT OF
PINDER'S POINT, P.O. BOX H-45017, FREEPORT, GRAND
BAHAMA, BAHAMAS is applying to the Minister responsible
for Nationality and Citizenship, for registration/naturalization
as a citizen of The Bahamas, and that any person who
knows any reason why registration/ naturalization should
not be granted, should send a written and signed statement
of the facts within twenty-eight days from the 12TH day of
MARCH, 2007 to the Minister responsible for Nationality
and Citizenship, P.O.Box N-7147, Freeport, Bahamas.



NOTICE
NOTICE is hereby given that SHERLINE EUGENE of
HARBOUR ISLAND, ELEUTHERA, P.O. BOX CR-54802,
BAHAMAS, is applying to the Minister responsible for
Nationality and Citizenship, for registration/naturalization
as a citizen of The Bahamas, and that any person who
knows any reason why registration/naturalization should
not be granted, should send a written and signed statement
of the facts within twenty-eight days from the 19TH day of
MARCH, 2008 to the Minister "Lt rp'tible f6' f'Nitiliality
and Citizenship, P.O.Box N 7147, Nassau, Bahamas.
fbJ IOU",l r'' ull', "[w l1


NOTICE
NOTICE is hereby given that TOM RODNY PIERRE of KEMP
ROAD, P.O. BOX N-8796, NASSAU, BAHAMAS, is applying
to the Minister responsible for Nationality and Citizenship,
for registrati6n/naturalization as a citizen of The Bahamas,
and that any person who knows any reason why registration/
naturalization should not be granted, should send a written and
signed statement of the facts within twenty-eight days from
the 12TH day of MARCH, 2008 to the Minister responsible
for Nationality and Citizenship, P.O.Box N 7147, Nassau,
Bahamas.


NOTICE
NOTICE is hereby given that ST. GERARD TERRY SAINVIL of
STRACHAN'S CORNER, OFF EAST STREET, NASSAU,
BAHAMAS, is applying to the Minister responsible for
Nationality and Citizenship, for registration/naturalization
as a citizen of The Bahamas, and that any person who
knows any reason why registration/naturalization should
not be granted, should send a written and signed statement
of the facts within twenty-eight days from the 19TH day of
MARCH, 2008 to the Minister responsible for Nationality
and Citizenship, PO.Box N 7147, Nassau, Bahamas.


NOTICE
NOTICE is hereby given that KENSON LOUIS of
THIRD STREET, THE GROVE, NASSAU, BAHAMAS,
is applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen of The
Bahamas, and that any person who knows any reason why
registration/naturalization should not be granted, should send a
written and signed statement of the facts within twenty-eight days
from the 19TH day of MARCH, 2008to the Minister responsible for
Nationality and Citizenship, P.O.Box N -7147, Nassau, Bahamas.



PUBLIC NOTICE
INTENTTO CHANGE NAME BY DEED POLL
The Public is hereby advised that I, EDENLYNN LEWIS of #7
Montego Rd., Royal Bahamia P.O. Box F-44435, Freeport, Grand
Bahama, Bahamas, intend to change my child's name from
ANASTASIA LEWIS to ANASTASIA FLOREASE MUNNINGS. If there
are any objections to this change of name by Deed Poll, you may
write such objections to the Chief Passport Officer, RP.O.Box N-742,
Nassau, Bahamas no later than thirty (30) days after the date of
publication of this notice.



NOTICE
NOTICE is hereby given that CLARINE SYLVIUS of
FOXDALE, FOX HILL, P.O. BOX CR-54802, NASSAU,
BAHAMAS; is applying to the Minister responsible for
Nationality and Citizenship, for registration/naturalization
as a citizen of The 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 19TH day of
MARCH, 2008 to the Minister responsible for Nationality
and Citizenship, P.O.Box N 7147, Nassau, Bahamas.


NOTICE
NOTICE is hereby given that WADLEY LOUIS of EAST STREET
SOUTH, NASSAU, BAHAMAS, is applying to the Minister
responsible for Nationality and Citizenship, for registration/
naturalization as a citizen of The Bahamas, and that any person
who knows any reason why registration/naturalization should
not be granted, should send a written and signed statement of
the facts within twenty-eight days from the 12TH day of MARCH,
2008 to the Minister responsible for Nationality and Citizenship,
P.O.Box N 7147, Nassau, Bahamas.


Pricing Information As Of: C F A L'
Tuesday. 18 March 2008 F A
BISX LISTED & TRADED SECURITIES VISIT WWW.BISXBAHAMAS.COM FORI MORE DATA & INFORMATION
BISX ALL SHARE INDEX: CLOSE 2.018.75 / CHG 1.13 / %CHG 0.08 / YTD -48 00 / YTD % -2.32
5;;j.H h. -2_.'.E.L:-... Secure j Pre.luu5 CIo.e TOja j Close Cnan-je. Dart. I EPS $ DI. I PE V iola
1.90 0.78 Abaco Markets 1.89 1.89 0.00 0.157 0.000 12.0 0.00%
11.80 11.25 Bahamas Property Fund 11.80 11.80 0.00 1.502 0.400 7.9 3.39%
9.68 8.60 Bank of Bahamas 9.61 9.61 0.00 0.643 0.160 14.9 2.71%
0.99 0.85 Benchmark 0.99 0.99 0.00 0.188 0.030 5.3 3.03%
3.74 2.10 Bahamas Waste 3.66 3.66 0.00 0.289 0.090 12.7 2.46%
2.70 1.30 Fidelity Bank 2.60 2.60 0.00 0.058 0.040 44.8 1.54%
13.62 10.33 Cable Bahamas 13.60 13.62 0.02 1,200 1.093 0.240 12.5 1.76%
3.15 2.10 Colina Holdings 2.87 2.87 0.00 0.031 0.040 92.6 1.39%
8.50 4.67 Commonwealth Bank (Sl) 7.77 7.77 0.00 0.428 0.270 18.2 3.47%
7.22 3.60 Consolidated Water BDRs 3.60 4.48 0.88 0.157 0.052 22.9 1.44%
2.60 2.20 Doctor's Hospital 2.46 2.46 0.00 0.316 0.040 7.8 1.63%
7.90 5.94 Famguard 7.90 7.90 0.00 0.713 0.280 11.1 3.57%
13.01 12.45 Finco 12.92 12.92 0.00 0.810 0.570 16.0 4.41%
14.75 13.95 FirstCaribbean 13.95 13.95 0.00 0.914 0.470 15.3 3.37%
6.10 5.12 Focol (S) 5.50 5.50 0.00 0.363 0.140 15.2 2.55%
1.00 0.54 Freeport Concrete 0.74 0.74 0.00 0.035 0.000 21.1 0.00%
8.00 6.86 ICD Utilities 6.86 6.86 0.00 0.411 0.300 16.7 4.37%
12.50 8.60 J. S. Johnson 12.30 12.30 0.00 1.059 0.610 11.6 4.96%
10.00 10.00 Premier Real Estate 10.00 .10.00 0.00 1.167 0.600 8.6 6.00%
Fidelity Over-The Counter Securities
52wk-Hi 52wk-Low Symbol Bid $ Ask 4 Last Fri..e '.'eeMI, Vol. EPS 5 Di. S P E Yield
14.60 14.25 Bahamas Supermarkets 14.60 15.60 14.60 1,999 1.160 0.900 13.4 6.16%
8.00 6.00 Caribbean Crossings (Pref) 6.00 6.25 6.00 0.000 0.4b0 NM 7.80%
0.54 0.20 IND Holdings 0.35 0.40 0.35 -0.023 0.000 N/M 0.00%
Colina Over-The-Counter Securities
41.00 41.00 ABDAB 41.00 '13.00 41.00 4.450 2.750 9.0 6.70%
14.60 14.00 Bahamas Supermarkets 14.60 15.60 14.00 1.160 0.900 13.4 6.16%
0.55 0.40 RND Holdings 0.45 0.55 0.45 -0.023 0.000 N/M 0.00%
BISX Listead Mutual Funds
52wk-Hi 52wk-Low Fund Name NA V YTD% o Last 12 Months Div $ Yield %0
1 3041 1.2037 Colina Bond Fplnd 1.304134" 0.94% 5.70%
3.0008 2.6254 Colina MSI Preferred Fund 2.982729' -0.60% 14.89%
1.3628 1.2647 Collna Money Market Fund 1.382793'" 0.56% 3.87%
3.7969 3.1424 Fidelity Bahamas G & I Fund 3.6651* -3.47% 18.28%
12.0429 11.4467 Fidelity Prime Income Fund 12.0429" 0.92% 5.69%
100.0000 100.0000 CFAL Global Bond Fund 100.00**
100.0000 100.0000 CFAL Global Equity Fund 100.00"**
1.0000 1.0000 CFAL High Grade Bond Fund 1.00"**
10.5000 9.6433 Flaeiifl inlerr.alliral in.esirr.er.l Fund 9.6433* -0.20% -8.16%
FINDEX- CLOSE 000.00 / YTD 0 00% / 2007 34,47%
BISX ALL SHARE INDEX 19 Doc 02 = 1.000 00 MARKET TERMS YIELD last 12 month divildnd divided by closing pri A L
52wk- HI I Iihost losing price in last 52 weeks Bid $ Duying price of Collna, nd ridollty
52wk Low Lowest closing price In last 52 weeks Ask $ Soiling prico of Collna efid fidelity 29 Fobri. iy 2001t
Provrou'; Close Previous day's weighted price for daily volume Last Price Last trndod over-tho-coutnlir prico -31 Documrtl ,'001
rdr;.ys hsl l -o Currint day's weighted price for daily volume Weekly Vol Trndlng volume of Ihe prior wock 7 March i200
Chi no Chlongen n closing prico from day to day EPS $ A company's reported earnings por share for tho I,,i 12 thu lh
Daily Vol Nurlmr of1 total shares traded today NAV Not Asset Vnluo
[IV 5 DS vl.v ,ul..r p,)r 'lhareo paid in the last 12 months N/M Not Meaningful
I'/ (,1irng prlr n divided tby the las 12 month earnings FINDEX The Fidelity Bahamas Slock Index, January 1, 1994 = 100
(S;) 4 1- 1 ;hn<,k Spllt Fffo. tlvo Didlo il61/2007
(.li) C1 f I ';ioL.k 'iplI ffefctlve jialo //11/2007
TO TRADE CALL CFAL 24 -502-7010 / FIDELITY 242-356-7764 / FOR MORE DATA & INFORMATION CALL (242) 3B4-2503


PUBLIC NOTICE
INTENTTO CHANGE NAME BY DEED POLL
The Public is hereby advised that I; DURONE PRATT
of Lyden Pindling Estates, Nassau, Bahamas, intend
to change my name to DR. DURONE HEPBURN. If
there are any objections to this change of name by
Deed Poll, you may write such objections to the Chief
Passport Officer, P.O.Box N-742, Nassau, Bahamas no
later than thirty (30) days after the date of publication
of this notice.


NOTICE
NOTICE is hereby given that WILLIE FAUSTIN of NASSAU,
BAHAMAS, is applying to the Minister responsible for
Nationality and Citizenship, for registration/naturalization as a
citizen of The Bahamas, and that any person who knows any
reason why registration/naturalization should not be granted,
should send a written and signed statement of the facts within
twenty-eight days from the 12TH day of MARCH, 2008 to the
Minister responsible for Nationality and Citizenship, P.O.Box N
-7147, Nassau, Bahamas.



NOTICE

NOTICE is hereby given that ACEDY JEAN JULES
of MARSH HARBOUR, ABACO, BAHAMAS is
applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen
of The Bahamas, and that any person who knows any
reason why registration/ naturalization should not be
granted, should send a written and signed statement of
the facts within twenty-eight days from the 19TH day of
MARCH 2008 to the Minister responsible for Nationality
and Citizenship, P.O.Box N- 7147, Nassau, Bahamas.



NOTICE

NOTICE is hereby given that MELAINE FRANCOIS
of HOPE TOWN, ABACO, BAHAMAS is applying to
the Minister responsible for Nationality and Citizenship,
for registration/naturalization as a citizen of The
Bahamas, and that any person who knows any reason
why registration/ naturalization should not be granted,
should send a written and signed statement of the
facts within twenty-eight days from the 19TH day of
MARCH 2008 to the Minister responsible for Nationality
and Citizenship, P.O.Box N- 7147, Nassau, Bahamas.



NOTICE
NOTICE is hereby given that VIRGILIEN HOMERE of
NASSAU, BAHAMAS, is applying to the Minister responsible
for Nationality and Citizenship, for registration/naturalization as
a citizen of The Bahamas, and that any person who knows any.
reason why registration/naturalization should not be granted,
should send a written and signed statement of the facts within
twenty-eight days from the 12TH day of MARCH, 'Y08 to the
Minister responsible for Nationality and Citizenship, P.O.Box N
7147, Nassau, Bahamas.


LEGAL NOTICE

NOTICE

INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

FERNETT LIMITED

Notice is hereby given that in accordance with Section 137 (8)
of dithe International Business Companies Act, No.45 of 2000,
the Dissolution of FERNETT LIMITED has been completed,
a Certificate of Dissolution has been issued and the Company
has therefore been struck off the Register. The date of comple-
tion of thde dissolution was the 12th Day of Nlarch, 2008.






AIQUIWATOR i


PAGE 6B, WEDNESDAY, MARCH 19, 2008


THE TRIBUNE







TH TIBNEWENEUSINARHESS00, AG I7


Grand Bahama




hoteliers identify




priority targets


GRAND Bahama hoteliers
and other tourism-related
business operators concluded
nearly two months of
research when they convened
to map out short and long-
term initiatives for the
island's industry through the
Bahamas Hotel Association
(BHA).
More than 20 representa-
tives of Grand Bahama BHA
members gathered for a half-
day retreat at the Our Lucaya
Resort to review the Associa-
tion's ongoing activities and
discuss the findings from a


recent survey and interviews
with Grand Bahama mem-
bers, marina operators, the
Ministry of Tourism and Avi-
ation, the Grand Bahama
Chamber of Commerce and
other stakeholders.
From that, a number of key
initiatives were identified and
plans are now underway to
prioritise them and move for-
ward with the key ones.
BHA president Russell
Miller said in a statement:
"This has been a very impor-
tant exercise for all of us. We
have been able to assess the


NOTICE
NOTICE is hereby given that ROBERT PIERRE of KEMP
ROAD, P.O. BOX N-8796, NASSAU, BAHAMAS, is applying
to the Minister responsible for Nationality and Citizenship,
for registration/nhaturalization as a citizen of The Bahamas,
and that any person who knows any reason why registration/
naturalization should not be granted, should send a written and
signed statement of the facts within twenty-eight days from
the 12TH day of MARCH, 2008 to the Minister responsible
for Nationality and Citizenship, P.O.Box N 7147, Nassau,
Bahamas.


NOTICE
NOTICE is hereby given that GERTHA FAUSTIN of NASSAU,
BAHAMAS, is applying to the Minister responsible for
Nationality and Citizenship, for registration/naturalization as a
citizen of The Bahamas, and that any person who knows any
reason why registration/naturalization should not be granted,
should send a written and signed statement of the facts within
twenty-eight days from the 12TH day of MARCH, 2008 to the
Minister responsible for Nationality and Citizenship, P.O.Box N
- 7147, Nassau, Bahamas.



GROWING-MULTI-WEDIA & TRANSPORTATION
COMPANY REQUIRES'

FINANCIAL CONTROLLER

Rapidly growing company is inviting applications for the
position of "Financial Controller". Applicants should have
a Bachelor's Degree in Accounting and a CPA, ACCA, CA
qualification or any other qualification recognized by the
Bahamas Institute of Chartered Accountants.

Successful candidate should:
have at least 4 years experience in an established
accounting firm
be able to work as a part of a team
be able to prepare budgets and financial reports
liaise with banking officers
be able to communicate effectively with all levels
of management
be proficient in meeting and keeping all deadlines
have proficient knowledge of QuickBooks

For a confidential interview please mail resume to:
c/o Financial Controller,
P 0 Box N 4271, Nassau, N. R, The Bahamas
or email financialcontrollerposition@yahoo.com





^Ia a E^BBB


tourism landscape in Grand
Bahama and, with an eye to
the future, see how the
Bahamas Hotel Association
can play a support role in its
development, with our mem-
bers, the Ministry of Tourism
and other key stakeholders."
The BHA created a new
position of manager for
Grand Bahama and the
northern Bahamas last
December, a move designed
to enable it to more effective-
ly support the needs of its
members in these areas, par-
ticularly when it came to
product quality, improved
standards, advocacy and the
development of the hotel and
marina sectors.
With support from the
Grand Bahama Island
Tourism Board and the Inter-
American Development
Bank, through BHA's sus-
tainable tourism project, the
position was made possible.
At the planning retreat,
areas identified as priorities
were workforce quality, cus-
tomer service, and building
stronger training and educa-
tion systems that support the
development of quality work-
ers and future entrepreneurs.
A number of tourism
growth obstacles were also
identified, many which are
shared with BHA members
throughout the Bahamas.
These will be addressed by
the BHA both on a national
scale and, in some instances,
directly as they impact Grand


Bahama.
"It is very clear to us that
Grand Bahama has very spe-
cific and distinctive needs,
versus those of other areas in
the Bahamas. At the same
time, many of the needs and
concerns of our Grand
Bahama members are also
being faced by our members
nationwide. It was very use-
ful for us to see where these
points meet, as it will allow
BHA to better leverage our
national initiatives to the
benefit of Grand Bahama"
said Mr Miller.


NOTICE


Pursuant to the provisions of Section 137 (4) (a), (b)
and (c) of the International Business Companies Act,
2000, notice is hereby given that:-

(a) Pirituba Ltd. is in dissolution;

(b) The date of commencement of the dissolution
is the 3rd day of March, A.D., 2008 and

(c) the Liquidator is C.B. Strategy Ltd., of 308
East Bay St.



C.B. Strategy Ltd.
LIQUIDATOR





JOB TITLE: AS400 COMPUTER BATCH OPERATOR
DEPARTMENT: INFORMATION TECHNOLOGY
Requirements,
* 2 plus years AS400 operations experience.
* Hands-on experience in: batch, job processing, monitoring, back-ups.
* Experience handling Windows technical issues.
* Works well independently, and in a team environment.
* Ability to multi-task.
* Excellent problem solving and troubleshooting skills required.
* Strong work ethic.
* Strong desire to learn.
* Good communication skills.
* Ability to work on a flexible night shift.
Responsibilities Include but are not limited to:
* Perform operating and maintenance functions for mid range systems.
* Monitor overnight batch processing and perform print processing as
scheduled in accordance to current service levels.
* Provides all aspects of media handling.
* Accurate and timely processing of information in and through the
computer systems including system utilities, production and testing
batch runs and quality control.
* Maintains current knowledge of operating procedures and standards;
* Safeguards security of data center equipment, media and data files;
* Keeps records of hardware down time;
* Following procedures to run job requests from programmer and
requester.
* Running system and application backups per written run tog.
* Management of tape retention log.
* Accurate activity recording in daily log.




Colinalmperial.

--.. 0 da King

Vice President S l,6Hu anReouce
#30 Eat By Sre-
P.. oxN-78,NasaTh Bha a


NOTICE


Pursuant to the provisions of Section 137 (4) (a), (b)
and (c) of the International Business Companies Act,
2000, notice is hereby given that:-

(a) Turbojet Corporation is in dissolution;

(b) The date of commencement of the dissolution
is the 3rd day of March, A.D., 2008 and

(c) the Liquidator is C.B. Strategy Ltd., of 308
East Bay St.



C.D. Strategy Ltd.
LIQUIDATOR



COMMONWEALTH OF THE BAHAMAS
IN THE SUPREME COURT

IN THE MATTER of the Petition of Edward W. Laing

AND

IN THE METTER of the Quieting Tle Act 1959

AND

IN THE MATTER of all that land cmonahing one hunked and eighty
aces (180) situate at Green Ways Quarters approximately 0.65 miles
Westwardly of Love Hill and Davis Creek immediately Northwardly
of Fresh Creek on the island of Andros one of the IslInds of the
Commonwealth of the Bahamas and bounded northeastwardly by Fresh
Creek and ruining thereon 4,290 feet Northwardly by vacant land and
running thereon 1,582.52 feet southmestwarly by vacan Crown Land
and running thereon 4,048 feet and Souhwardly by property now or
formerly the property of Benjamin Tynes and running thereon 1,848
feet which said piece parcel or lot of land has such positions shapes
size boundaries and dimensions as are shown on the Plan prepared by
LA. Bolder Campbell and filed in the department of Lands and Survey
in Book T page 193 shown on the Plan and thereon coloured PINK

COPIES of the said Plan may be inspected during Norma Office
hours at the following places:-

(a) The Registry of the Supreme Court In the City of Nassau on the
Island of New Providence

(b) Collie & Collie Law Chambers
K. S. Darling Building -
"Dowdesweffltreet & SchoLotanr
in the City of Nassau on the Island of New
Providence, The Bahamas

NOTICE is hereby given that any person having Dower or right to
Dower or any Adverse Claim or a Claim not recognized in te Peation
shall on or before the 14th dayof April, 2006 fieinle Supreme Courtin
the City of Nassau aforesaid and serve on the Ptilioner a Statement of
claim in the Prescribed form verified by an Afidavit to be iled therewith.
Failure of any such person to fie and serve a Statementof Caim on or
before the 14th day of April, 2008 will operate as a bar to such claim.

Edward W. Laing
Petitioner


COMMONWEALTH OF THE BAHAMAS
IN THE SUPREME COURT
Probate Side




IN THE ESTATE of VIBART CHARLESS
ARCHIBALD BARNWELLa.k.a. V.C.A.
BARNWELL or CHARLES BARNWELL
late of Jabal Drive, Southern District,
New Providence, The Bahamas, deceased.




Notice is hereby given that all persons having
any claim or demand against the above Estate are
required to.send the same duly certified in writing to
the undersigned on or before the 19th day of April,
2008 after which date the Executrices will proceed
to distribute the assets having regard only to the
claims of which they shall then have had notice.

And Notice is hereby given that all persons
indebted to the said Estate are requested to make full
settlement on or before the date hereinbefore


mentioned:



MIRIAM J, CURLING & CO
Attorneys for the Executrices
The peek Building, George Street
Nassau, The Bahamas


WEDNESDAY, MARCH 19, 2008, PAGE 7B


THE TRIBUNE







PAGE 8B, WEDNESDAY, MARCH 19, 2008


. RA


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