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Permanent Link: http://ufdc.ufl.edu/UF00084249/01472
 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: December 18, 2009
Frequency: daily, except sunday
daily
normalized irregular
 Subjects
Genre: newspaper   ( marcgt )
Spatial Coverage: Bahamas
 Notes
General Note: Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.
 Record Information
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: UF00084249:01472

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Islan


Kenneth Russell
in 'health scare'
A HEALTH scare earlier this
week left Housing Minister Kenneth
Russell in hospital for three days,
The Tribune understands.
Initial reports indicated that Mr
Russell might have suffered a heart
attack, however, this could not be
confirmed up to press time. A source
close to the politician said Mr Russell
checked himself into Princess Mar-
garet Hospital three days ago after
feeling ill. adding that the condition
was not life-threatening.
"He was not feeling well and he
went into hospital. He should be dis-
charged from hospital today (Thurs-
SEE page eight


WAGES for Grand
Bahamians and Family
Islanders working in the hotel
industry are lower now than
they were 10 years ago, new
data has revealed, while
salaries for those in New
Providence have increased
year.
Figures from the Depart-
ment of Statistics show that
the weekly wages of the aver-
age worker in these islands -
where tourism is one of fewer
economic lifelines available
for locals than in New Provi-
dence - fell by $10 a week
for women and $21 for men
between 1999 and 2008, leav-
ing them with average yearly
base salaries of $13,056 and
$14,688 respectively.
During the same time peri-
od in New Providence, the
average female hotel worker
saw her yearly salary increase
from $13,008 in 1999 to
$16,512 per year and their
male counterparts enjoyed an
increase from $14,592 to
$17,232 - a more positive
change that nonetheless also
highlights continuing pay dis-
parities between men and
women in the same industry.
Meanwhile, the overall
number of people employed
in the hotel industry in Grand
Bahama and the Family
Islands also saw a major
decline in 2008 from 1999 lev-
els.


Even as the number of peo-
ple working in the sector grew
year on year from 9,785 in
1999 in New Providence to
12,630 in 2008 - a figure that
has decreased somewhat this
year with economy-related
lay-offs - Grand Bahama
and the Family Islands were
found to have only 1,011 peo-
ple working in the hotel
industry in 2008 as compared
to 1,789 in 1999.
The majority of those 1,011
are now women as opposed
to the situation in 1999 when
there were slightly more men
than women working in the
sector.
West End and Bimini MP
Obie Wilchcombe told The
Tribune that rescuing Grand
Bahama from its dismal eco-
nomic conditions should be
foremost on the Governmen-
t's agenda in the new year.
He said that Government
should round up the stake-
holders in Grand Bahama's
success to quickly discuss a
strategic plan of action geared
to revitalise the island's stag-
nant economy.
Several back-to-back dev-
astating hurricanes, one of
which led to the closure of the
Royal Oasis Resort in 2004
put a stranglehold on the
island's economy. This was
exacerbated by dwindling
SEE page nine


PICTURED ARE Goille I,lne', M1Ie ' h ,lP illes, Mi,,rn i i ' I IC WIl' I Minisl,,tel rile:4i:i G i-i nt
I:,p ij inI witli tlei pi e:: jr irr:,pI'ec irn:i l'ie nrewlv p':ive', BK :illl Ii RI1 0. L' t i n': ritl'i. : -
ideilni' in [lie le J :ild pi:bleml'n i[i [lie id de indeed. 'iii;leni ' j [[en[.i:n jnd [lle
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wi'] ilinli.] pi e. n . [' l i [Ilie. I . E" tl'I .


Armed robbers storm
store in Cable Beach


TALK is swirling in
media circles that Cable
Bahamas may be dropping
Carter Broadcasting's
Island FM to join forces
with the Star 106.9FM and
The Nassau Guardian news
team.
Unconfirmed reports are
that the move would see
the Star 106.5 FM radio sta-
tion and The Nassau
Guardian add television
news to their media plat-
form portfolio.
Cable Bahamas and Nas-
sau Guardian representa-
tives, Director of Public
Affairs Keith Wisdom and
Managing Editor Erica


Wells, declined to comment
on the claim yesterday
when contacted about it by
this newspaper.
Mr Wisdom said Cable
Bahamas "doesn't have any
comment on that" while Ms
Wells directed this newspa-
per to speak with the news-
paper's publisher,
Emmanuel Alexiou.
Both Mr Alexiou and the
newspaper's President,
Anthony Ferguson, were
said to be off the island yes-
terday.
Charles Carter, owner of
Carter Broadcasting and
Island FM, did not return
calls on the matter.


BRAZEN armed robbers
stormed Hoffersport in Cable
Beach yesterday morning and
stole an assortment of designer
sunglasses, sport shoes, and
watches.
The two men armed with


handguns raided the Hoffer and
Sons store in the Cable Beach
Shopping Plaza, West Bay
Street, at around 11am and
took a wealth of goods away
SEE page eight


National Insurance contribution
rate rise still set to go ahead
By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net
GOVERNMENT still plans to increase the National Insurance
contribution rate by one per cent early next year to sustain the
National Insurance Board's exhausted $20 million unemployment
SEE page 10


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PAGE 2, FRIDAY, DECEMBER 18, 2009


THE TRIBUNE


Friday, December 18th, 2009

At 12 Noon For Our Annual




STAF A IAPPRECIATIO







We will re-open for business on

Monday, December 21st, 2009


We Apologize For Any
Inconvenience Caused And
Would Like To Take
This Opportunity To
Wish Our Customers



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LOCAL NEWS I


MP CHARLES MAYNARD and Works Minister Neko Grant at an informal Bacardi Road
inspection yesterday.


Bacardi Road


gets makeover


CHRISTMAS came early
to Bacardi Road residents liv-
ing on the newly re-paved one
mile stretch of road which for
months posed a traffic hazard
due to its deep trenches and
cavernous potholes.
"I think this is a fitting pre-
sent for the people of the Bac-
ardi Road area," said Golden
Isles MP Charles Maynard
yesterday. "There are numer-
ous communities throughout
the length and breadth of this
road. I am sure the people are
very happy now to be able to
drive on a very smooth road -
to and from home - after suf-
fering for almost a year."
Last month, Bacardi Road
residents took their plight to
the media with complaints of
busted tires, collapsed shock
absorbers and narrowly avert-
ed accidents.
They said the problem
demanded "urgent" attention
and the government respond-
ed by spending just over
$300,000 to repair the road.
Minister of Works Neko
Grant said the work was car-


ried out by the government's
hot mix plant, Bahamix, which
has recently repaired a num-
ber of other streets in New
Providence, including the
Eastern Road and Fox Hill,
streets in Pinewood Gardens,
Redland Acres, Sea Beach
Estates, and the Carmichael
Road area.
Bahamix manager Ryan
Rahming said he expects his
staff's latest handiwork on
Bacardi Road to last for at
least another decade.
"We pave to civil design
specification," he explained.
"Based on the dense rock we
have in the Bahamas, we
should be good for an average
of nine years, anywhere from
nine to 12 years depending on
the volume of traffic and ton-
nage."
"Weight has a lot to do with
how the roads are affected. So
if we experience an increase
in truck traffic the loading is
greater and it affects the struc-
tural integrity of the roads. As
it stands right now, you have a
very well compacted road."


In October Mr Maynard
first brought the state of Bac-
ardi Road to the public's atten-
tion. Speaking in the House
of Assembly, he charged that a
private company which
worked on the Lou Adderley
Subdivision was responsible
for the road's sorry state - the
result of trenches dug in order
to tie into the sewer system of
another subdivision.
Bacardi road was left in a
dangerous state, he said,
adding that government's sub-
sequent appeals to the devel-
oper to fix the road fell on deaf
ears.
"I just want it to be clear.
It's through no fault of the
Ministry of Works that the
road ended up in the poor
state that it was," Mr Maynard
said yesterday. "This is now
the Ministry of Works coming
to the rescue of the people of
Bacardi."
As for the developer
responsible for ripping up the
road, Mr Grant said the matter
has been forwarded to the
Attorney General's Office.


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THE TRIBUNE


FRIDAY, DECEMBER 18, 2009, PAGE 3


Police fight crime



with brand new unit


Bicycle cops are fast, mobile and can engage _ /

with the public in a more personal way


By REUBEN SHEARER
Tribune Features Reporter
rshearer@tribunemedia.net

CHRISTMAS is less than a
week away, and while law
abiding citizens are buying
gifts for loved ones, criminals
are waiting for their chance to
hit gift-laden homes and attack
cash-loaded businesses.
The police are warning the
public to be as cautious as pos-
sible this year, but are also
responding with a number of
new measures - among them
the fledgling Bicycle Unit,
whose members are keeping
their ear to the ground in
many of Nassau's crime hot-
spots.
While the police are feeling
confident about their beefed-
up presence in the southeast-
ern area of the island, "You
can never be too careful,"
warned Southeastern Division
Commander Supt Stephen
Dean. "We cannot rest on our
laurels in the coming weeks."
He said the key is crime pre-
vention is establishing a rela-
tionship with the public, and to
this end, the Bicycle Unit is
working to make its patrols an
effective community policing
tool. The unit was formed only
a few months ago and present-
ly consists of two officers, 3265
Officer Latia Davis and PC
399 Medwelth Curry.
According to Supt Dean,
the bicycles give the officers
greater speed and mobility
than regular beat cops, and
better access to hard to reach
areas than patrol cars.
The officers also use their
routes as opportunities to
break down barriers to com-
munication between the police
and the public.
"There are people in the
public service who aren't
doing anything, but these offi-
cers are committed to their
jobs," Supt Dean said. "They
are the best of the best, and
are an integral asset to the suc-
cess of this programme."
He said he can "call on
them at three in the morning
after a long day of patrol and
expect them to respond right
away."
Bicycle patrols are often
arduous and difficult, officers
Curry and Davis admit, but
they add that the "positive
contact" they are making with
citizens and business owners
is invaluable. Businesses in
particular have come to rely
on their daily visits to ensure
that everything is quiet.
Beyond the benefits for
crime fighting, the officers are
also happy that the new job is
keeping them fit. "It keeps us
in good shape, and maneuver-
ing through traffic strengthens
all of the muscles in your legs,"
said Officer Davis, who is
always concerned about main-
taining her figure.
The officers trained for two
months before taking up their
new daily routes - which see
them travel down East Street
South, up Soldier Road,
through the Marathon area
and Pinewood Gardens, then
back to the South Eastern
Police Station.
Their novel appearance
might cause some to underes-
timate these officers, but they
are fully capable of handling
any policing job - from dealing
with traffic accidents to
responding to reports of mur-
ders, armed robberies and
break-ins.
Since August, the officers
have been riding Kenton
Mountain bicycles, which are
excellent for maneuvering
quickly through alleys or track
roads. "We didn't just pick up
a bike," said Supt Dean,
explaining that the force first
saw this model in action at an
international seminar last year.
Earlier this week, The Tri-
bune tagged along with offi-
cers Davis and Curry on one
of their patrols, and found that
senior citizens in particular
speak very highly of both Supt
Dean and the new bicycle offi-
cers, who they said are much
more accessible than officers
in patrol cars.
They say the officers stop at
their homes, and engage them
in conversation to find out
how everything is going.
"Pinewood and Nassau East
area are very problematic
areas, with constant criminal
offenses," said Officer Curry.
"These areas have a high con-
centration of persons who are


OFFICERS LATIA DAVIS and Medwelth Curry patrolling the
South Beach area.


mostly at work, leaving an
open window for criminals to
start mischief."
He explained that the
elderly are known to have
"the rundown" on what is
happening in a community,
and the officers have been
working to take advantage of
this.
Now that they are on famil-
iar terms, the officers said the
senior citizens feel much more
comfortable reporting suspi-
cious activity, and this has
already led to the prevention
of a number of serious crimes.
The Bicycle Unit also has
a mandate to "examine crime
trends in the area every
week" and to target hot-spots
as they evolve, Supt Dean
said.
And there is definitely an
element of surprise that
comes with patrolling on bicy-
cles. Sometimes the officers
stumble upon criminal activi-
ty by chance - and with no


blaring siren, the culprits have
no warning that they are in
hot pursuit.
"We rode through some of
the corners in South Beach
and we kept seeing this young
chap scouring the area on a
school day," Officer Curry
said. "We kept doubling back
and saw the 17-year-old com-
ing out of somebody's house.
"The young man tried to
escape, but in our short pants
and tennis, we were well able
to chase him down."
More recently, there has
been an increase in success-
ful break-ins in Malcolm
Road. Noting this, the offi-
cers have been combing the
area over the last three weeks,
and have seen less criminal
activity.
The officers have also seen
a decrease in school violence
since they began spending
about 30 minutes a day at
each school in the Southeast-
ern District.


THIS CHRISTMAS SEASON, THE POLICE SAY
THEY CANNOT FIGHT CRIME ON THEIR OWN.
SUPERINTENDENT STEPHEN DEAN OF THE SOUTHEASTERN POLICE DIVISION IS
ADVISING THE PUBLIC TO BE EXTREMELY CAREFUL AROUND THIS TIME.
HE OFFERS THE FOLLOWING TIPS FOR CRIME PREVENTION:
* CHECK YOUR HOME DURING THE DAY
* INSTALL ALARM SYSTEMS
* KEEP DRAPES AND BLINDS CLOSED AS MUCH AS POSSIBLE
* KEEP OUTSIDE LIGHTS ON IN THE EVENING
* KEEP TREES AND SHRUBBERY TRIMMED LOW
* BEWARE OF STRANGERS ENTERING YOUR PROPERTY - ESPECIALLY THOSE
WHO SAY THEY ARE MAKING A SERVICE CALL
* DO NOT USE ATM MACHINES AT NIGHT
* WAIT UNTIL YOU ARE AT HOME OR IN YOUR VEHICLE TO COUNT YOUR MONEY


Their constant patrols have
also led to several write-ups
for civil disobedience and oth-
er petty matters.
Soldier Road and East
Street South Esso Gas Station
manager April Ifill praised the
"consistency" of the officers,
saying they check up on the
establishment on a daily basis.
She loves knowing that they
are around, and has built a
relationship with them.
Gas stations are a favourite
target of armed robbers, and
are also often frequented by
rude and aggressive cus-
tomers.
Mrs Ifill said it is often an
unnerving place to work. She
told of one instance in which a
customer became angry
because the staff could not
change some cash for him -
and told them "See, this is
why ya'll get robbed."
Another time, she said, "A
customer started going mad.
He thought we made a mis-
take with an order... the man
started throwing things from
our shelves all over the floor."
To in an effort to prevent
or deal with such incidents in
the future, between 8am and
4pm the officers pass through
the station and look around.
Between 4pm and midnight,
they come inside and ask how
everything is going.
"We watch out for them
and they watch out for us,"
Mrs Ifill said. She is always on
the lookout for suspicious
activity around her gas sta-
tion, and is ready to report it.
The Bicycle Unit is only
one component of the Neigh-
borhood Policing strategy
employed by the Southeast-
ern Division, Supt Dean said.
He explained that it com-
plements already existing
crime watch associations, anti-
crime youth associations, and
neighbourhood up-keep
efforts.

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PAGE 4, FRIDAY, DECEMBER 18, 2009


THE TRIBUNE


EDI *A - S I T6-ETSnTOTHEEDTOR I


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

LEONE. H. DUPUCH, Publisher/Editor 1903-1914

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

Published Daily Monday to Saturday

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

WEBSITE
www.tribune242.com - updated daily at 2pm


The consequences of suppressing news


FOUR YEARS ago - 2005 - the Min-
istry of Tourism started to send out warn-
ings that the growing crime against tourists
was threatening to destroy the industry. It
was, said the Ministry, giving the Bahamas a
reputation of being an unsafe destination.
The concern was sparked by the robbery
of the hotel room of a tourist who posted
her experience and financial loss on the Trav-
el Troubles section of MSNBC.com.
Crimes committed at hotels and tourist
areas, said a Ministry of Tourism spokesman,
have become a serious concern.
As a result of this concern a task force -
a joint venture between the public and private
sectors - was created to determine the best
course of action to put more security in areas
frequented by visitors.
"The Bahamas is viewed as a safe desti-
nation and any international exposure that
counteracts that gives us an unsafe reputa-
tion," said the Ministry spokesman at the
time.
That was 2005. Today, the situation -
despite the 2005 task force - has not
improved. However, there are vocal politi-
cians out there who are desperately trying
to turn our present crime problems to their
political advantage. Because, claims PLP
chairman Bradley Roberts, the FNM inter-
fered with the PLP's Urban Renewal Pro-
gramme we have increasing crime. Today's
problems have nothing to do with urban
renewal, but it has a lot to do with this sense-
less political infighting. In 2005, the PLP
appointed a task force to solve the problem.
It solved nothing. The problem has worsened
and now it's the FNM's turn to wrestle this
social monster to the ground. It can only suc-
ceed if all hands are on deck - and that
includes Mr Roberts and his team of naysay-
ers.
There are also grumbles by some who are
concerned that the cruise lines are now warn-
ing their passengers about crime in the
Bahamas.
This is the smartest course of action that
the cruise lines can take. When The Tribune
was being criticised for "sensationalising" an
already sensational story about the hold up of
18 tourists and the robbing and manhandling
of some of them, we telephoned a frequent
traveller in Canada. Suppose, we asked, the
government covered up this incident, and
you visited the Bahamas under the false
impression that it was a safe destination, and
were mugged, what would you do? "I would
sue the Bahamas government," was the
immediate response. There was a tinge of
anger in his voice.
Tourists are reasonable people. Most of
them come from crime infested cities, and
so crime is not new to them. However, they
resent not being told that there are certain
areas not to be frequented and certain things
to be avoided if they want a safe vacation.


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They will visit if they are forewarned to take
precautions- after all they are accustomed to
living in an imperfect world.
But not to warn them and be open with the
news can have serious consequences.
Years ago a retired police officer, we
believe from New York, was staying at one of
the Cable Beach hotels. One evening he
decided to walk the short distance to the
neighboring hotel to have dinner and "play
the tables." He was returning to his hotel
after dusk when he was mugged. There had
been several muggings in the area, but no
one had told him to be careful. No one had
told him that walking alone between the two
hotels after dusk was not such a good idea.
This is what angered him. And this is what
started a chain reaction that had most
unpleasant consequences for the Bahamas.
He returned to the United States, took out a
full page advertisement in several leading
newspapers, and advised his fellow Americans
to give the Bahamas a wide berth in their
travel plans. It was not a safe destination, he
warned them.
Bahamians are also upset when they
believe that crime news is being suppressed.
They appreciate being forewarned so that
they can protect themselves.
We had our own experience several years
ago. We came home late one night from The
Tribune to find that our waterfront home
had been broken into and ransacked. We
were annoyed to discover that although we
were in the newspaper business, the police
had withheld information that almost every
home around us had been broken into. We
published the information -yes, on the front
page in bold type. We advised residents to be
on the look out for a car parked in their area
that might not belong there.
Those were the days when The Tribune
was an afternoon publication. A Prospect
Ridge resident had just received his Tribune.
He read the story, followed instructions and
looked out of his window.
Across the way he saw a parked car with a
couple of men loading it with goods from his
neighbour's home. He called the police. With-
in 24 hours of our own robbery, and only a
few hours after The Tribune had gone to
press, the culprits were behind bars.
If this information had not been sup-
pressed by the authorities - on the premise
that crime does not happen in paradise -
many residents could have protected their
properties against these thieves. What is inter-
esting is that these men, with notorious
records, had just been released from prison.
Obviously, they had no other profession, and
officials had not warned society about their
activities.
It is because of this experience that The
Tribune will continue to publish crime news.
The public has the right to know, and The Tri-
bune has the duty to inform them.


Send 'career




politicians' back




to private sector

EDITOR, The Tribune. administration is that they are


I read with great disgust
your front page article regard-
ing the Assistant Police Com-
missioner's warning. Warning
to the criminals you say.....?
A firm stance to the criminal
that the police or civilians
aren't going to take it any-
more! Hell, no a warning to
law-abiding citizens regard-
ing taking the proper precau-
tions in protecting them-
selves! In a statement made
to your paper, the Assistant
Commissioner is on record
stating that anyone in the
public caught breaking the
law will be prosecuted. This is
code word for if you are law-
abiding sit down and take a
bullet to your head, hand over
your lifelong possessions and,
yes, bend over and take the
rape (listen up ladies) and
move on with your life. If,
however, you are the crimi-
nal (the verminous piece of
degenerate filth)....stay the
course, keep up the good
work!
I have never seen such a
useless, hopeless, what less
administration in terms of
implementing punishment in
relation to violent crimes in
my entire life! And don't give
me the pressure from the
United Nations excuse,
because quite frankly they are
a manipulative organisation
and can drop dead as far as
I'm concerned. As Bahami-
ans we have become far too
desensitised to crime and now
after 80 + murders in less than
a year we carry on with life
as though nothing happened.
If this morning's newspa-

Global warming: We
EDITOR, The Tribune.
Ten years ago, the
Bahamas ratified the Kyoto
Protocol.
Last year, at the WIREC
conference in Washington,
DC, the Bahamas signed a
pledge "to implement mea-
sures to reduce dependency
on the use of fossil fuels" by
March 2010.
Now Minister Earl
Deveaux is promising to
make the country "complete-
ly independent of fossil fuels
within the next 15 years."
This all looks wonderful on
paper, but the reality is that
this country is still 100 per
cent dependent on fossil fuels,
68 per cent of which is Heavy
Fuel Oil, the dirtiest, most
toxic sludge that can be per-
suaded to run an engine.
To make matters worse, we
are now engaged in building


per is anything close of what
is to come under the changing
of the guard in the police
force, then we are in far worse
trouble than you can ever
imagine! A statement with
verbiage like "take the prop-
er precautions during the sea-
son as murders and robberies
tend to elevate this time of
the year and we are putting
on extra shifts," would have
made a little more sense and
calmed an already terrified
public. To ostracise and
threaten law-abiding citizens
and the business community is
careless, intimidating and
unacceptable! I would love to
hear this same rhetoric direct-
ed at the criminal, but I am
now convinced this will never
happen, nor does the current
administration appear to want
to see a reduction in crime.
Their policies, or lack thereof,
are far too idiotic and more
appropriate for pre-school.
My heart goes out to the
family of Fergie's Meat Mart
for the hell they must be
going through just for pro-
tecting themselves. My only
gripe with them is that they
only shot one of the armed
robbers threatening the lady's
life with a gun to her head,
and didn't plug the other as
well. Quite frankly 50 per cent
isn't going to cut it in today's
times. In any event, one point
for the good guys... finally!
And the end result with this


actually contemplating charg-
ing the innocent. If the cur-
rent government proceeds
with this fallacy, I will go on
the record now, that I per-
sonally will campaign the pub-
lic for funds towards their
defence and will donate per-
sonally what I can afford.
Ironic isn't..."their Defence",
when at the end of the day
that is all they were trying to
do. And you people say I'm
the radical? Tell me the same
when three or four thugs are
holding you down taking
turns for hours on end while
shoving your head forcefully
to the floor or pavement. Tell
me that after the 13-year-old
savagely raped in one of our
family islands who will now
never be sane again or have
children for that matter. I defy
any of you to come up with an
immediate solution, because I
will be the first to listen to
anything reasonable.
We have numerous clueless
empty suits running this coun-
try people! I suggest you think
long and hard and break tra-
dition in 2012. There are oth-
er options and perhaps, just
perhaps the timing is no bet-
ter then now. Send these
"career politicians" back to
the private sector, where they
can fail on their own accord
and expense by the way. Per-
haps they could then start
their own private club and
sing kumbaya in their own
utopian world.
CHRISTOPHER
ARMALY
Nassau,
December, 2009.


should be setting an example to the world


four more HFO-fueled power
plants which, far from reduc-
ing our fossil fuel use, will
actually increase it - along
with an increase in green-
house gas emissions.
This country will be one of
the first to sink beneath the
waves if global warming con-
tinues unchecked.
We should be setting an
example to the rest of the
world, not speeding up our
own demise.
We can only hope that the
Prime Minister and Minister


Deveaux will come back from
the climate change conference
in Copenhagen with an hon-
est intent to implement
Renewable Energy in this
country, and not just another
signed pledge that they have
no intention of honouring.
ALISON BALL
Living on
solar power
on Abaco
Abaco,
December 9, 2009.


A LETTER purported to be written by Agatha Munroe
headlined "Beware BaTelCo imposters" appeared in yes-
terday's Tribune. We have been asked to point out that
Ms Munroe did not intend for this to be sent to or pub-
lished in The Tribune. We apologise for any inconve-
nience caused.




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PROTECTION Ltd.
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+


THE TRIBUNE


FRIDAY, DECEMBER 18, 2009, PAGE 5


LOCALNEWS


Coroner's Inquest
to be held into
death of US woman

who fell from hotel
By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net

THERE will be a Coro-
ner's Inquest into the death
of an American woman
who fell from the 11th floor
of a Paradise Island hotel,
police said yesterday.
Sandra Sigafus, 41, was
found dead on the ground
outside the Paradise Island
Harbour Resort at around
11.30pm on November 11.
Her 57-year-old boyfriend
told police she had jumped
from a balcony.
Yesterday, Supt
Elsworth Moss said that an
autopsy on Ms Sigafus'
body, which was discov-
ered clad only in a
bathrobe, revealed that she
died from injuries sus-
tained as a result of the
fall.
He said the matter
remains classified as "sus-
picious" although inter-
views with the victim's
boyfriend around the time
of her death provided "no
information to suggest he
was responsible for her
fall."
Supt Moss said the man
did provide some insight
into the circumstances
leading up to the woman
jumping from the balcony,
however he declined to dis-
cuss those details.
Ms Sigafus, of West
Greenfield, Milwaukee,
arrived in the Bahamas the
day before her death and
had been due to leave the
day after.

CORRECTION
IT WAS incorrectly
reported that the new $10
million nightclub complex,
Luna, was to hold its grand
opening yesterday.
The grand opening is
actually tonight, December
18.
The Tribune apologises
for any inconvenience this
error might have caused.


Environmentalists have mixed views over climate summit


By NOELLE NICOLLS
Tribune Staff Reporter
nnicolls@tribunemedia.net
PRIME Minister Hubert
Ingraham's presentation to
world leaders at the United
Nations Climate Summit in
Copenhagen has drawn a
mixed reaction from local
environmental advocacy
groups.
At the climate summit, Mr
Ingraham described the poten-
tial impact of uncontrolled
greenhouse gas emissions on
the Bahamas as catastrophic.
"The Bahamas is the fifth
most vulnerable country to sea
level rise. A temperature rise
of two degrees Celsius will
result in sea level rise of two
metres and will submerge 80
per cent of our territory. It will
drastically affect the health of
our coral reef systems," said
Mr Ingraham.
The prime minister suggest-
ed that already, climate
change is having an impact on
the Bahamas in terms of
stronger and more destructive
hurricanes and sea surges,
related inland and coastal
flooding as well as shoreline
erosion, damage to freshwa-
ter resources, and altered sea
surface temperatures.
Mr Ingraham said develop-
ing countries are in desperate
need of funds to combat cli-
mate change, and called on
developed nations to do more
to curb emissions.
Casuarina McKinney Lam-
bert, executive director of the
Bahamas Reef Environment
Education Foundation
(BREEF), agreed that the
country's reefs need protec-


PRIME MINISTER Hubert
Ingraham speaks at the
summit in Copenhagen.
tion, but pointed out that more
can be done locally to put our
own house in order.
"Coral reef eco-systems pro-
vide numerous benefits to the
Bahamas - providing food,
supporting tourism and pro-
tecting our islands from storm
damage. We can and should
certainly also do more locally
to protect them from other
human impacts such as pollu-
tion, sedimentation from land
and over-fishing," she said.
Of great interest to BREEF
is the Reducing Emissions
from Deforestation and For-


Arrests in connection

with fatal shooting
POLICE have arrested two men in connection with the fatal
shooting of Darron Farrington in Strachan's Corner on Tues-
day night.
Mr Farrington, 38, of Somerset Estates off Carmichael Road,
was with a group of men standing outside a home on Stra-
chan's Corner, off East Street, when two armed men emerged
from a track road and opened fire on the group at around
8.30pm.
Mr Farrington was fatally shot in the chest and another man
was shot in his right leg.
The injured man was taken to Princess Margaret Hospital by
ambulance where he remains in stable condition.
Mr Farrington was pronounced dead at the scene.
Police investigations continue.


est Degradation programme
(REDD) being discussed in
Copenhagen, which would
provide financial support to
countries to help protect nat-
ural resources.
"We feel strongly that this
programme should also
include Bahamian mangrove
forests, wetlands, coral reefs
and shallow marine banks that
are very important carbon
sinks. While trees play an
important role in absorbing
carbon dioxide from the
atmosphere, it is critical to
remember that the ocean is
the world's largest carbon sink
and it is very important in
curbing climate change," said
Mrs Lambert.
Director of the Nature Con-
servancy, Eleanor Phillips, said
the government has demon-
strated that it is trying to be
proactive about addressing
environmental issues such as
climate change.
She said the National Ener-
gy Policy being developed
under the Ministry of Envi-
ronment is a step in the right
direction. One of the govern-
ment's plans is to make the
Bahamas completely indepen-
dent of fossil fuels within the
next 15 years. It has also
moved to reduce import duties
on energy-efficient appliances
and energy-saving light bulbs.
Global Warming Art has
developed an interactive
online model, powered by
Google Maps, that shows land
submerged by potential sea
level rising around the world.
Ms Phillips recommended this
resource to Bahamians wish-
ing to have a visual demon-
stration of what the prime
minister was talking about.
Members of Abaco Cares,
a community advocacy group
made up of land owners and
residents in Abaco, were not
so quick to praise the govern-
ment.
Earlier this year, they
formed Responsible Develop-
ment for Abaco, an environ-
mental activist organisation,




ETROPli
A A AN~OR
FO PETPOLM


to sue the government over
plans to build a $105 million
power plant in Wilson City,
Abaco.
They recently won a victory
in the Supreme Court that
gave them permission to
launch Judicial Review pro-
ceedings in a bid to prevent
the plant's construction. The
court denied a request to halt
work on the plant before the
case is heard.
"(The prime minister) says
we are vulnerable, but we
don't have to do anything
about it. It is sending a mixed
message. It is hypocritical and
it is frustrating. Wilson City
will definitely be contributing
to global warming and rising
sea levels and there are health
issues associated with its oper-
ation," said Matthew McCoy,
founding member of Abaco
Cares.
One of their main con-
tentions with the proposed
BEC plant is the plan to use
Bunker C oil, which is a heavy
fuel oil that has more contam-
inants than diesel fuel. Gov-
ernment representatives have
said diesel fuel is more expen-
sive. The combustion of
Bunker C oil creates green
house gas emissions - like sul-
fur dioxide, nitrogen dioxide
and particulate matter - at a


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higher level than cleaner fuels.
Only weeks ago, Minister of
Environment Earl Deveaux
revealed plans to transform
the way BEC produces elec-
tricity. He said the govern-
ment has engaged a company
to develop an integrated grid
and central storage facility for
BEC to be able to draw on
natural and existing sources of
energy like wind, water,
waves, sun and waste.
He said the plan is to great-
ly reduce the Bahamas' depen-
dency on fossil fuels and even-
tually eliminate it altogether.
"It is frustrating that (the
prime minister) goes there and
says all the right things to
these people and comes home
and he is not initiating any
changes in the Bahamas.
There is a gap between what
they are saying and what they
actually are doing," said Mr
McCoy.
At the climate summit, Mr
Ingraham stressed the vulner-
able position of the Bahamas
as a small island and low-lying
state, despite being a negligi-
ble emitter of greenhouse gas-
es.
Mr McCoy said that point
of view could be misleading,
since on a per capital basis, the
Bahamas' emissions are not
negligible.


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PAGE 6, FRIDAY, DECEMBER 18, 2009


THE TRIBUNE


LOCAL0NEWS I


Rising star Sophie Okonedo



shines for festival award


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By REUBEN SHEARER
Tribune Features
Reporter
rshearer@tribunemedia.net
FORTY year-old actress
Sophie Okonedo was caught
up in the moment as she
received her 2009 Rising
Star Tribute award from the
Bahamas International Film
Festival on Wednesday
evening at the Balmoral
Club.
An hour before being pre-
sented with the prestigious
award by Charley Walters,
Ms Okonedo spoke with The
Tribune about the signifi-
cance of the prestigious hon-
our.
"I just feel so privileged,
and I love the fact that I'm a
rising star. At my age, I just
want to keep on rising," the
British actress said. "I
wouldn't have thought any-
one would have heard of me
in the Bahamas, so it's really
nice. I just feel so hon-
oured."
The festival's prestigious
Rising Star Award is given
to an actor or actress whose
noteworthy performances
have put them on the path
for elite and lasting stardom
in the industry.
BIFF Founder and exec-
utive director Leslie Van-
derpool sung Ms Okonedo's
praises.
She said: "Having Sophie
Okonedo as the 2009 BIFF
Rising Star honoree could
not be any more perfect. She
is one of the most talented
and gracious actresses on
screen today."
She added: "As anyone
who has seen Sophie's col-
lection of feature film per-
formances can attest, her
star is most definitely one on
a meteoric rise."


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ACTRESS SOPHIE OKONEDO, left, was awarded with the Bahamas
Film Festival's Rising Star Award on Wednesday night. At right is Leslie
Vanderpool, Bahamas International Film Festival founder.


Ms Okonedo's career
highlights include a powerful
performance in the 2004
blockbuster Hotel Rwanda,
which earned her an Acade-
my Award nomination for
Best Supporting Actress.
In the film, she plays the
wife of the hotel owner who
saved thousands of lives dur-
ing the Rwanda genocide of
the 90s, in which one million
people died in just three
months.
In her most recent feature
film, Skin, which debuted in
the Bahamas at BIFF, Ms
Okonedo plays a girl born
to white parents but classi-
fied as 'coloured' during
South Africa's Apartheid
era. The film is based on the
true story of Sandra Laing.
"It was very nerve wrack-
ing to go back and watch the
movie," Ms Okonedo said.
She said the performance
brought immense pressure
on her, as she didn't want to
"sell (Sandra Laing's) real
life story short."
Also released in 2009 was
the highly regarded The
Secret Life of Bees, in which
she starred alongside Queen
Latifa, Alicia Keys and Jen-
nifer Hudson.
Ms Okonedo is a nominee


for the Best Actress award at
the 2009 British Independent
Film Awards.
What's next for Sophie
Okonedo? She says she
wants to return to her roots.
"I've been reading a lot of
plays, and I will go and do
some theater next year,
which is where I learned my
craft."
"I have no game plan, and
I never know what I'm doing
from job to job," she said.
"I just kind of coast along to
see if something happens."


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Supreme Court Build-
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ings in Parliament
Square.
Speaking at a contract
signing ceremony for
the architectural design
services, Mr Grant said
the estimated budget
for the project is $16.63
million.
The contract was
awarded to ARCOP
Architects.
Mr Grant said the
first part of the project
will include the exten-
sion and refurbishment
of the Supreme Court
building to create three
criminal courts; refur-
bishment of the
Hansard Building to
create one criminal
court; and the refur-
bishment of the Bank
Lane Magistrates Court
to create four civil
courts.
The second part of
the project entails the
enhancement of Parlia-
ment Square and the
third part entails the
construction of a new
central services build-
ing.
The work is sched-
uled to begin between
April and August 2010.
Attorney General
John Delaney said yes-
terday that the consoli-
dation of the various
Supreme Courts at one
site will increase the
efficiency of the admin-
istration of justice.
He said that it will
also help to address the
backlog of cases.


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Christ Church Cathedral
Schedule of Christmas Services
December 20th, 2009 - January 3rd, 2010

A Festival of Nine Lessons & Carols
Featuring The Highgrove Singers
6:00 p.m. Sunday December 20th, 2009

The Eve of The Nativity of Our Lord Jesus Christ
Thursday December 24th, 2009

10:30 p.m. "Christ Our Saviour Is Born"
A Christmas Eve Concert
Presented by:
The Choirs of Christ Church Cathedral

11:45 p.m. Christmas Eve, Procession to the Manager & Solemn Pontifical Eucharist

Christmas Day
Friday December 25th, 2009
7:00 a.m. Holy Eucharist
10:00 a.m. Sung Eucharist

The First Sunday After Christmas
Sunday December 27th, 2009
7:30 a.m. Holy Eucharist
9:00 a.m. Holy Eucharist
11:15 a.m. Holy Eucharist
6:00 p.m. Solemn Evensong, Sermon & Benediciton

Thursday Dec ( ilk r ' I ,. 21111" '.
The Eve (of tlie Feast (of [lie Holi Name of Jesus
New Year's Ee
I I I, 1 I n| r11 I
This Servic leads into the First Mass of The Nei% Year, 2010

The Second Sundaitfler Ciiistmas .
7'A30 a.m. h:,ly'Eiicliarisi i
9:00 a.m. Ho i Euclarist
II 15. in Hols Elucharist
6:00 p.m. Service of Light
Presented by Cathedral Boys Choir


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+


THE TRIBUNE


FRIDAY, DECEMBER 18, 2009, PAGE 7


Tanya Cash refused right



to summon PHA to court


JUSTICE campaigner Tanya
Cash has been refused the right
to summon the Public Hospitals
Authority to court and claim
damages for an injurious fall at
the Centreville Rehabilitation
Centre.
Mrs Cash, 42, was taking her
disabled son Gregory, 14, to a
Public Hospitals Authority
(PHA) clinic in Collins Avenue
when she slipped and fell tearing
the tendons in her right arm and
injuring her left arm on June 19.
But Mrs Cash says she has
been unable to claim damages
as she and her husband Greg,
49, were deemed vexatious liti-
gants by Supreme Court Judge
Anita Allen in January and
barred from initiating any legal
action.
Mrs Cash filed an appeal
against the ruling 10 months
ago, but has yet to be given a
date for the Court of Appeal
hearing. She claims she also has
been refused the right to take
legal action.
A person who has been
declared a vexatious litigant can
only initiate legal proceedings
with the permission of a
Supreme Court judge, Mrs Cash
explained, alleging that she has
been denied the right to ask for
this permission by certain mem-
bers of the court's staff. The Tri-
bune attempted to contact the
staff members in question for
comment, however they failed
to return several messages left
for them.
Mr and Mrs Cash have filed a
series of court disputes in a sev-
en-year legal battle against the
Baptist education authorities fol-
lowing an alleged wrongful dis-
missal of Mr Cash from his job
as a physical education teacher
at Jordan Prince William High
School in October 2002.
And last year the Attorney
General's office sought to pre-
vent Mr and Mrs Cash from
continuing any legal action, or
allowing anyone to initiate
action on their behalf, with the
claim that most of their legal
actions are vexatious and
amount to an abuse of the
court's process.


When Senior Justice Allen
ruled in favour of the Attorney
General's office, Mr and Mrs
Cash lodged an appeal in Feb-
ruary and paid the $1,500 bond
to the Court of Appeal in
August.
As she suffered debilitating
injuries in June, Mrs Cash asked
for an extension of time to file
the Court of Appeal documents
owing to her injury.
But she has yet to receive a
response from the court or to
be given a date for the Court
of Appeal hearing, Mrs Cash
said.
She remarked: "We were
deemed vexatious litigants
because they wanted to quiet
us down, and now they deny me
justice at every angle.
"No matter how hard I try I
am not going to get justice in
this country, I cannot.
"There needs to be a total
revamp of this judiciary. Peo-
ple are hurting."
Mrs Cash said the PHA cov-
ered the cost of an MRI scan
on her right side after the acci-
dent which proved she had torn
ligaments in the fall, but she
now wants the PHA to pay for a
second MRI scan, and for treat-
ment from a private physio-
therapist.
She said: "I am suffering and
paining every day, I cannot use
my right hand.
"I can hardly drive, I can
hardly do my house chores."
However, when the mother
of five went to file the ex parte
summons at the Supreme Court
last week, along with a certifi-
cate of urgency bearing testa-
ment to her need for medical
attention, her documents were
refused at the listing office, she
said.
Mr and Mrs Cash intend to
take their continuing court mat-
ters to the Privy Council.
Mrs Cash said: "In order for
us to get justice in this country
we have to go outside this coun-
try and it's sad and will probably
hurt the country, but it will help
the people of this country.
"We have had it, me and my
husband have had it," she said.


COMING




SOON



To A Bookstore Near You.





Betrayed To Kill

Interdiction of a Killer




by Frank Gilbert

Author


THE BRASS & LEATHER SHOPS LTD.
- Charlotte Street off Bay Street Tel:322-3806
Rt(PaMall at Marathon Tel. 394-5676
N xto J h ',SSMarsh Harbour. Abaco Shopping Centre Tel: 367-3643

THE LUGGAGE STORE
East Ave & 6th Terrace opp Centreville Food Market Tel: 328-1477


ISU SOIOTH PGLGNTW .IB E .


K


Murphyvilla, 2nd Right from Sears Road.
Tlimphann 322-*403


.IIITDOOR AIII INOR Sil

ti/gil llllltlMhil itH 21
In t v .NiIre Inind onuLi.d Lhie LiNre,
we i'will be gvifirg a 15i o to2'.i d"IIS
Further disomniis of 50% will be -'J eLii inside hde " trc..

We, % ill be discounming unique and vnitage H'k,.
Joll . iSff" teddy bears, vintLige dolls anr arriau<,.
Xmas cloths and upkins,
la l 'il i l. Ill idr'. bCearix po ei and eciend LLcIIans
lrup'.. ,ilIer pieces, Inlque ardY vintage mHirbblcs. Aomer
curljtinl. IIlo) T
Pkrt. aistiquie [a se. eltest dishes, quaills. k ilagIie
chernill; sprea-d. and lots moe usel'iul and inlIrr,!in-

Secutriiy will be provide (to ekor you lo youTir c r" "


I


apy


Kellermann






+


PAGE 8, FRIDAY, DECEMBER 18, 2009


THE TRIBUNE


LOCAL NEWS I


'I
'Mseiu' traffic
fatalityinvstiae


POLICE are investigat-
ing the mysterious circum-
stances of a traffic fatality
near the new Albany Road
in southwestern New Prov-
idence on Wednesday.
Joseph Dewitt Albury,
known as Jay, 56, of East-
ern Road was found face-
down on Rock Plant
Road, beyond a steel bar-
rier used to block traffic
going through to the
new Albany Road, at


around 4pm.
A green Kawasaki
motorcycle, registration
number 1255, was found
about 60 yards away.
Mr Albury had suffered
a head wound and was
pronounced dead at the
scene.
Police are uncertain of
the circumstances of his
death and are appealing
for witnesses to call 919
urgently.


Armed robbers storm store in Cable Beach


FROM page one
with them in a light blue Toyota Corolla.
It was the second armed robbery report-
ed by police yesterday, as investigators are
also looking for the armed gunman and his


accomplice who robbed the Quad Sports
Bar in Market Street and Poinciana Drive
on Wednesday night.
The two men dressed in dark clothing
walked into the bar at around 11.30pm on
Wednesday, and threatened staff at gun-
point before making off with a bag of cash


heading east on Poinciana Drive.
Police are appealing for information
from the public.
Anyone with any information that may
assist investigations should call police
urgently at 919 or call Crime Stoppers
immediately on 328-TIPS (8477).


Kenneth Russell in 'health scare'


FROM page one
day)," said the source.
Mr Russell, the High Rock
constituency MP, was
appointed minister of hous-
ing in 2007.
According to the FNM's
website he is a former chair-
man and vice-chairman of the


Free National Movement,
High Rock Constituency
Association and was elected
to the House of Assembly for
the High Rock constituency
in 1997, 2002 and again in
2007.
Mr Russell also served as
Chairman of the Town Plan-
ning Committee for the
Bahamas between 1997 and


2001, and as a Cabinet minis-
ter with responsibility for
Public Works between 2001
and 2002.
He also provides justice of
the peace services to the
Grand Bahama community.
Attempts to reach Mr Rus-
sell or his family for comment
were unsuccessful up to press
time.


VOPAK TERMINAL BAHAMAS
IT SYSTEMS TECHNICIAN


A vacancy exists within the IT Department for an IT Systems Technician.

The successful candidate will be required to:
* Monitor and support infrastructure across the organization's LANs, WANs,
and wireless deployments.
* Ensure the stable operation and efficient performance of company networks and
applications, including terminal automation systems.
* Provide technical support to organization's applications and hardware from end-
users and other members of IT organization via helpdesk system.
* Identify and remedy network performance bottlenecks.
* Configure and troubleshoot servers, including e-mail, print and backup servers
and their associated operating systems and software.
* Install and configure all network and client hardware and equipment, including
routers, switches, hubs, UPSs, local PCs and so on.
Education:
* College diploma or University degree in the field of computer science and/or 5
years equivalent work experience.
* Certifications in Networking or MCSE preferred.
Experience:
* Extensive hands-on technical knowledge of network systems, protocols, and
standards such as Ethernet, LAN, WAN, xDSL, TCP/IP, TI, 802.11x, and so on.
* Extensive client/server and operating system experience with Microsoft
Operating systems and Lotus Notes.
* Hardware, software, and network connection troubleshooting experience.
* Skilled at installing/configuring hubs, switches, routers, bridges, etc.
* Knowledge of McAfee anti-virus software, Juniper firewalls and other network
security measures.
* Good understanding of the organization's goals and objectives.
* Knowledge of applicable data privacy practices and laws.
* Strong written and oral communication skills.
* Able to conduct research into networking issues and products as required.
* Highly self motivated and directed.
* Keen attention to detail.
* Ability to prioritize and execute tasks in a high-pressure environment.
* Strong customer service orientation.
* Experience working in a team-oriented, collaborative environment.
Applications should be submitted to the
Human Resources Manager
Bahamas Oil Refining Company International Limited
Dbs Vopak Terminal Bahamas
P. 0. Box F-42435
Freeport, Grand Bahama, Bahamas
On or before December 30, 2009


invites youto the firstoffiabooksigning
Presenting


"Rose's to Mount Fitzwilliam"


&eve.


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OTOPITOlF


L extra 5% off


t


Visionteweblmri alb

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+


THE TRIBUNE


FRIDAY, DECEMBER 18, 2009, PAGE 9


Hotel wages plummet W11


for Family Islanders
FROM nage one


tourism stemming from the
US recession, which began in
late 2008.
In September, Prime Min-
ister Hubert Ingraham said
Government was working
feverishly to revitalise the
collapsed economy, but some
critics think the promised
turnaround is not coming
soon enough.
"The uncertainty of the
future of Grand Bahama
demands immediate atten-
tion from all concerned. The
economic drought, mass
social dislocation caused as
a result, the painful and psy-
chological impact that
Bahamians are enduring are
compelling reasons for the
movers and shakers to sit,
negotiate and to unleash a
progressive, creative and
innovative plan for the future
of Grand Bahama.
"The strategic location of
Freeport and Grand Bahama
and the prospect of the island
becoming a centre for inter-
national trade is impatient of
debate. We need to get on
with it," Mr Wilchcombe said
in a statement released to
The Tribune.
He added: "The residents
of Grand Bahama are not
enthused by the self induced
depression that together with
the economic recession has
crippled the island, its growth
and its future. Urgent atten-
tion is demanded to avert
permanent affliction."
Earlier this week Sir Jack
Hayward revealed to Tribune
Business that he had signed a
sales agreement with a buyer
of his shares in the Grand
Bahama Port Authority
(GBPA) and its Port Group
Ltd affiliate.
A letter detailing the sale
was said to have been deliv-
ered to Prime Minister
Hubert Ingraham on Decem-
ber 14, however it is not
known if Mr Ingraham
received it before leaving to


A


attend the United Nations
Climate Summit in Copen-
hagen, Denmark.
Sir Jack has boasted that
the sale would be a deal on
par with Sol Kerzner's lucra-
tive Atlantis resort on Par-
adise Island and could inject
a much needed boost to
Grand Bahama's economy.
When questioned about
this potential boost, Mr
Wilchcome refrained from
speculating on what the deal
could offer until all the facts


about the reported sale are
made public.
"It would be premature to
offer any thoughts on a mat-
ter that is reported to be on
the desk of the Prime Minis-
ter and is therefore the sub-
ject of consideration," he
said.
Some of the Government's
plans for Grand Bahama
include a planned announce-
ment of a government tem-
porary job programme for
500 Grand Bahamians; the
construction of a $17 million,
60,000 sq ft government com-
plex, providing construction
jobs for Grand Bahamians;
fiscal support for "unprece-
dented" features of Grand
Bahama in international
tourism advertising cam-
paigns; discussions on the sale
of the East Grand Bahama
oil terminal, with a "positive
decision" on the sale expect-
ed before the end of Septem-
ber and a planned meeting
with principals of Hutchinson
Whampoa on further expan-
sion on Grand Bahama.


.
, Colors:
o* Pe vr e


,... ,
*'Broze

/Bac


BIGONE



SHOE STORE

Mall at Marathon
Tel. 394.0096


NASSAU:
Rawson Square, Bay Street * 240 Bay Street

TEU (242) 326-1661


As our way of saying thankT iifor
CELEBRATE THE SEASON your patronage, receive an additional
" J -fiW *f ljOi' - k Ui k'cry purVkuir.ydi i r d driy vur Muaj r n' iuD ini canu sMt 6 mwd iM al.dTi Jdimmn marr iic ar n E wirh my safe �l foM rrwifir Adcalli.d .


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furr.i:rrf, 'wah js5 i.h-.Kvlc k r T'ttrmeirfi 6Iti D1l6t ! n
2009 Yt e.'r p.rtpaned
Thie nEim i; ~il rUN tCe hk n Ih, itilUfII i 4h\i of uar Ji, 'll :1t
t 11hi:I-. ill dBi s House, 16 M F c.rr. if. -, S ete. kNso U

HWalLe- miner :ppirrc - n-iv a unral owntii t h 1Ein hi md la
.D Ii]. rol ~ a ia llrrl-n

Bmrry INwman
".A., l, uie'i


--i







+>


PAGE 10, FRIDAY, DECEMBER 18, 2009


THE TRIBUNE


putter's funeral plames

& (!Jrcetutrium
Telepmone: 393-292, York & Ernest SUa.
P.O. Box N-712, NMSsau, Bahamam




Mrs. Antoinette Jasmin Butler, 65

/of Soldier Road, will be
held on Sunday
December 20ih. 2009 at
11:00) a.m. at.
Evagelstic Centre
Assembly r)f7CodfSey
Street OlTiciating will be
R:vo Neil Hamilion,
assisted by Rev. Dr.
Roston Davis and other
mini ers of the Gospel
I... ntermeril will follow in
Woodilawn Gardens,
Soldier Road.

Left to cherish her fond
mCmorics ar her, three sons, Pierei, Paul and Antoinc;
uie step-daHuhter, Dnimna Francis: four grand childrvl,
Asa, auren, Nailiih, N4adia BudIr; Iwo anuls, Halson
BullT. Jane BRchcl; two brotherrS Anthony and Gordon
Addercy., one siter, Dclouirs Notutage eighteen nrtphews,
Ricardoi, Arnhihtoy Jr, Adderley, Dr. Raleigh Jr., Craig,.
Charles, Jerome, Johnny, Sam, David, Joey, Milo III,
Godwin, Jevone, Domininc. Diman, FranFklyn Jr., Dennis:
nineteen nIeces, Clarke Buller, Denise Decen, Valaiie
Wakinc, Clmdette Butler, LorttlaTurnr, Dr. Faith Buter,
Angela Aubdllah, Benadctt Butler, Gina Pnkr, Anastacuia
Moss, Janicc Ramsey, Whitcy "Deannr" Brice, Juanila
and Rochelle Butler, Maria Hainna, Marva Smith, Adriana
Wallace, Michele aind Grace-An, Rickel and Candace
Adderley, seven isteris-i-law, Juanita, Rose, Clemintim,
Princes, Winnifrmd Butler, Jaxquclinc and PearlAddcrley;
two daughters-in-law, Moezza and Suzette; four
nephews-in-law, Craig Wallace, Stevie Hanna and TrcvLr
Smith, Edward Turmer Jdm ry Pitder five nIees-in-law,
Cynthia Adde rlfy, DT Rinoid Erski., Terrell, Merilyin
and Alicia Butler, and a host of other relatives and
friends incliudl-, Kelly Hamilton. mereta, De~ aonad
and Leslie Miller, Clarita, Dr. Charge le, Sally Ann and
Hailey "PinkCy' Lockhart, Bishop Roslon and Pastor
Allhea Davis, Rev, Charles. Sheila and Shenika Moxey.
Deaconcss Maccline Laramore, Evangelistic Ccntre
Assembly of God Church Family, Evangel Christian
Academy Family

Friends may pay their last respect ai Butlers' Faeral
Homes & Crematorium, Ernest & York Streels on
Saturday December 9th. 200 lO]030 a. m. until 5:00 p.m.
and ai te church on Sunday fronm 10:00 a,m, until service
time.


*


FREEPORT
11A East Coral Road, Freeport, G.B., Bahamas
P.O. BoxF-42312
Telephone: (242)373-1115 / (242) 373-1471
Pager: (242) 340-8043 * Fax: (242) 373-3005


NASSAU
Robinson and Soldier Roads, Nassau, N.P., Bahamas
P.O.Box CB-12072
Telephone: (242) 394-8043 / (242) 394-8047
Pager (242) 340-8043 * Fax: (242 340-8034


Mr. Adel Samil Lockhart, 21
#2 Sea Breeze Lane will be held on
Sunday December 20th 2009 at
10:00am at Centerville Seventh-Day
Adventist Church, Centreville
Officiating will be Pastor Paul Scavella
assisted by other ministers of the
gospel and Interment will follow in
Lakeview Memorial Gardens John F.
Kennedy Drive and Gladstone Road.
He will forever be remembered by:
his parents:, Elliott B. Lockhart and
Judith E. Heastie; siblings, four
sisters, Krystina, Cherelle, Haley,
Sally-Ann, and Sophia; one brother,
Ethan; grandfathers, Ernel
Heastie,Gurth Knowles; grandmothers, Olga Lockhart, Ernestine
Heastie; aunts, Valderine, Daphne (Dwayne), Sonia, Bernadette, Faye
(Wendell), Yvette (Barry), Cassandra, Tracey Uncles: Ernel Jr., Roscoe
(Marva), Alva (Gladys), Vernon (Irma), Harvey (Thelma), Robert;
granduncles and family, Cecil Curling (Vylma), Aubury Curling
(Miriam), Horace (Celeste), Edward (Yvette), Vivian and Milford, Eldon
Heastie (Rose); grandaunts and family, Sheila Curling, Rocita Miller
(Percy), Alfreda Hepburn, Mavis Coes, Wallis Carey (Lionel), Stephanie
Duncanson (Blythe),Althea Rolle, CynthiaHeastie, Ruth Hanna. Cousins:
Cordero, Christopher, Ryan, Rayne, Ross, Pierrica, Dayne, Daley, Richea,
Raegan, Chaunte, Simone, Alexi, Talva, Calvin Jr., Vernon, Kelvin,
Kisha, Ashley, Shanda, Chelsea, Elan, Haile, Monique, Harvey Jr.,
Caroline, Michael, Joshua; godparents, Kim Major and Teresita Ward
Fraternity, Alpha Delta Gamma Extended Family, Wilsons, Munroes,
Wallaces, Dorsettes, Millers, Armbristers, Heasties, Hannas, Tynes,
Greenes, Greenslades, Stubbs, McCartneys, Nixons, Johnsons, Cleares,
Huylers, Musgroves,Armlys, Majors, Smiths of Bucktown and the entire
Exuma family, the entire Freeport family; other relatives and friends
including, Mr and Mrs. Philip E. Davis and family, Mr. and Mrs, Gary
Rotella of Ft. Lauderdale, Fla, Mr. and Mrs. Peter Galanos and family,
entire family of Dozer Heavy Trucking Equipment, Dezie and Selena
and Staff at The Kitchen Deli, Diana Wong and family, Mr. and Mrs.
Leroy Williamson and family, Mr. and Mrs. Henry Rolle and family,
Andrew K. Mckinney and family, Dr. Leonard A. Johnson and family,
Pastor Paul Scavella and family, Pastor Michael Smith and family, Pastor
HA. Roach and family, Mrs. Ann Albury, Beverly Norville and family,
Ann Cooke and family, Wellington Francis and family, Mrs. Iris Tynes
and family, Nicola Walker, Stefano, Deangelo, Cheryl Pinder and family,
Mr. and Mrs. Roy Hanna and family, Mrs. Audrey Wright and family,
Mr. Raymond Antonio and family, Mr. Solomon Gibson, and family,
Nikki and family, Deanna and family, Monique Coakley and family,
Rahmings of Freeport, Richards Jones and family, staff of Lockhart and
Co., staff of Borco and Freeport Container Port, Queens College Class
of 2006, Barry University Faculty Staff and Students, Bishop Michael
Eldon School, Bahamas Conference of S.D.A, Centreville SDA Church
Family, Centreville SDA Sanctuary Choir, St. Matthew's and St.
Margaret's Anglican Church Family, Freeport SDA Church Family, J.S.
Johnson and Company Limited, numerous other relatives and extended
family, friends to numerous to mention.
Viewing will be held in the Serenity Suite at Restview Mortuary and
Crematorium Ltd. Robinson and Soldier Roads on Saturday from
10:00am to 6:00pm and at the church from 8:30am to service time on
Sunday.


*0


NI contribution rate


rise still set to go ahead


FROM page one

benefit fund. However, there is
still no word on the specific
date it will be implemented.
In a recent interview with
The Tribune, Minister of State
for Finance Zhirvargo Laing
could not say when the pro-
posed contribution increase
would start, but conceded that
early 2010 was still the target
date for the increase.
Prime Minister Hubert
Ingraham has said that during
the second phase of the bene-
fit programme, contributions
of half a per cent of insurable
wages will be payable by both
employers and employees.
"The prime minister had
indicated from the start, that
the amount of funds allocat-
ed for the first phase of the
unemployment scheme should
take us up to a certain point
and then a contributory situa-
tion would kick in January (or)
February," Mr Laing said.
"I have not heard anything
to change that and unless cir-
cumstances are so altered that
it becomes necessary for us to
do otherwise as far as I know
we're still on that same trajec-
tory.
Earlier this week, NIB
Director Algernon Cargill
revealed that NIB's unem-
ployment benefit fund is effec-
tively exhausted, with $20.185
of the $20 million set aside for
the fund already allocated. He
added that almost $500,000
worth of payments have not
been collected, which he sees
as a sign that the unemploy-
ment situation in the Bahamas
is not as dire as it was earlier in
the year.
Mr Laing said that the busi-
ness community will be con-
sulted once a specific date is
set for Government to get
their opinion on the mandated
increase.
"I am sure that leading up to
a determination on whether
or not the contributory aspect
will kick in that there will be
discussions with the private
sector.


"I think it's safer to say that
if that is going to happen, it
will be early next year as
opposed to January or Febru-
ary or March. And there will
be discussions with the private
sector I'm sure."
The member of Parliament
for the Marco City con-
stituency thinks that the con-
tribution increase is a small
price for businesses and the
working population to pay in
exchange for an unemploy-
ment safety net.
"The sense of security they
get from the knowledge that
in difficult times I have a
means of having some relief
to my unemployment situation
hopefully being temporary is
the extent to which they have
a greater sense of confidence
in the state and that makes
them a more productive work-
er.
"It's not a significant
amount of money, it's two dol-
lars for the employee and one
dollar for the employer. I think
for that level of security. . .I
think that's the least that a
country can do," he said.
The unemployment benefit
scheme was launched in April
of this year by Government in
an attempt to cushion the
effects of rising unemploy-
ment.
Unemployed persons who
had contributed to the Nation-
al Insurance Board and met
certain requirements were eli-
gible for the fund, which was
payable for 13 weeks.


0


CHAIRMAN'S REPORT


For The Year Ended July 31ist, 2009
r--mmm*-*--- mes


On behalf of the Boord of Directors, I
am pleased to report thal FOCOL
Holdings Limited produced outstandirm
financial results for the fiscal year 2009.
Despite difficult ecoorniom times we
have been abe maintain our
profitability.

FOCOL's net income available to
coerrnon shoreholdes for ihe fiscal
year 2009 was $1 2590 million
compared to $11,6l6 in 2 ,08. an
increase of 8.4 percent. Earnings per
share irtresed from 34 to 37 cents orid
dividends per share from 14 to 15 cents
per share.

During the year we made a strategic
Investment in 8TCI Tonkeis Ltd, The
investment has been a success for
FOCOL. In addition to 1his investment
we were able to reduce long term
debts from $14.1 million to $7.2 nilio
AS we look forward to 2010 we expect
to make improvements to our retail
business and continue to look for further
opportunities to improve our business.

The Board of Directors thanks our loyal
Shareholders and dedicated Staff for
their continued confidence in FOCOL
Holdings Limited.,


FOCOL HOLDINGS LTD
CONSOLIDATED BALANCE SHEET
1 W10)


Assets
L hotiliferas eqvy
Shaoreholderi' equLly


July 31., 2009
$ 126.624
92,139

1 126,624


1o101l IIabliries & OiCreholder' equity


CONSOUDATE STATEMENT OF INCOME AUDITED)
B $0001


SOle & revenues


Cost of sales
Gfoss Proitr


Mormrilirg. odminislrrotiaw g~n oeneral
leprecoaloan
Finance cost
Olthr income (expense)


Not Inome
Prferrence &h re divierd.h


Net income: avotoalle lc c:itorrn n ::aLe lt)k t


B.wi5c jr r-rjs ps iho r e


Di-iends per shcre


Year eroded
July 31, 2Co9

5 272,871
(228 312"
44.,559
(2. 6 6...

90

15.339
(2749)

$ 12,590


July31.206
$ 137L061
57.207


$ 137.061


Year ended
JuRy 31, 20G
3 378,.61


(25.4?J
11.5 i
25

1.3.275
I 1.659P


S 037 5 034


I 0.15 5 0.14


Copies ol a full set of i'he edited financial stlaemenis can be obtained from Stephen Adderley
df eyfol.crn|, to he fried OIC y otIK on Qun jhwn y.. Frepirt,
Grand Banama, Monday through .-day from &3J AM 10 .51J PM.


IODSCUSS STOIS ON THIS PAG LO NTSW.RIUE4.O


Sir Albert J. Miller
Chairman & President


V&WAWWmdA.

afd%�m

42,60







+


FRIDAY,DECEMBER 18, 2009


NPVA set to host

annual all star

celebrations

this Sunday

THE NEW Providence
Volleyball Association
(NPVA) will host its annual
all star celebrations this Sun-
day at the D.W Davis Gym-
nasium featuring a trio of
interesting contests.
In the opening matchup,
The Ladies President squad
will take on the Vice Presi-
dent squad.
The second game of the
afternoon will feature the
Junior All Stars against the
Johnson's Truckers, the New
Providence Softball Associa-
tion Champions and in, the
nightcap, the Men's Presi-
dents team will take on the
Vice President side.
Men's President
lan Pinder
Glen Rolle
Renaldo Knowles
Jamaal Ferguson
Lahaundro Thompson
John Rolle
Hector Rolle
Mario McPhee
Elliott Smith
William McKinney
Audril Farquharson
Gabi Laurent

Maurice Smith (Libero)

Coach: DeVince Smith
SEE page 12


Jacques becomes first ever Thomas




A. Robinson Scholarship recipient


By RENALDO DORSETT
Sports Reporter
rdorsett@tribunemedia.net
IN AN effort to further etch his
name into the annals of Bahamian
sports, the Friends of Tommy Robin-
son Committee have partnered with
the College of the Bahamas to award
the inaugural scholarship bearing the
name of the sprinting legend.
Jenny Jacques, a 19-year-old fresh-
man at the College of the Bahamas,
became the first ever Thomas A.
Robinson Scholarship recipient for
her efforts in track and field.
The four year $10,000 scholarship
was made possible through the gen-
erosity of his friends and supporters.
"It is such an honour to be awarded
with this scholarship. I know there
were other people that were nomi-
nated for the award and to be chosen
is quite a special moment for me," she
said, "I am thankful to everyone in
my life that has helped me to reach
this point and I promise to my family,
coaches and Mr. Robinson that I will
not let them down."
Jacques, a graduate of C.I Gibson
Senior High School, is a Biology and
Chemistry major and intends to pur-
sue a career in Sports Medicine.
The accolades of the young shot put
participant are numerous, and include:
three time member of the CARIFTA
track and field team, two time Junior
CAC team member, World youth
Qualifier and most valuable player in
volleyball.
Robinson joined a long list of per-


sons congratulating Jacques on the
achievement, and stressed the impor-
tance on the true reason for the schol-
arship - the opportunity at further
education.
"When I received my scholarship,
my intention was to do medicine. I
got sidetracked with the urge and
desire to have an Olympic gold medal
so the medicine took a backseat. I am
on record in my house telling my chil-
dren that if we had to do it all over
again they would start here at COB
because I have discovered that the
education here is first class," he said,
"I trust that while you are competing
you will not forget the reason for you
being here at the College and that is
the education. Without the education,


"This is a very special occasion for
me. Jenny holds a very special place in
my heart for a particular reason. I
went to CI Gibson to find her and we
went out and we sat down for a while.
I did not ask her why she quit but one
of the questions I asked her was, what
would you like to do when you fin-
ished high school, and she said she
would like to be a doctor. I asked her
if her parents would be able to afford
what it would cost for her to become a
doctor and she said 'I don't think so.'
So I said to her track and field and
sports in general can offer you that
opportunity to gain a scholarship and
to further an education. I told her I
wanted her to use track and field as a
means to an end," he said.


"Without the education, the world sort of
closes in on you, but with the education


all out there, all is your's."


the world sort of closes in on you, but
with the education all out there, all is
your's."
Bahamas Association of Athletic
Association President, Mike Sands,
said the moment he learned it was
Jacques who recieved the award was a
special moment for him because of
the personal connection between the
two, best related in an anectdote from
her days in high school.


Tommy Robinson


"When I heard she was the recipient
I was very pleased because it could
not have happened to a finer person. I
am so proud she came back to track
and field and now you can see the
result of her hard work."
President of the College of the
Bahamas Janyne Hodder said the
award becomes even more significant
when you consider that it bears the
name of one of the country's most


influential figures.
"When you build a university you
are not building just concrete mortar
or cement, you are actually building
national history," she said. "The
names we place on our buildings and
the names we give to our scholarships
tell the stories of the people who built
this country and it is for the reason
that we are extremely happy to be
naming the Thomas A. Robinson
scholarship and to have an opportu-
nity to inscribe that name in the Col-
lege of the Bahamas forever."


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PAGE 12, FRIDAY, DECEMBER 18, 2009


TRIBUNE SPORTS


By RENALDO DORSETT
Sports Reporter
rdorsett@tribunemedia.net
AS THE stature of its bur-
geoning athletic programme
continues to develop, the Col-
lege of the Bahamas Athletic
Department received a shot in
the arm when the Ministry of
Youth Sports and Culture
increased the budget for its
National Hall of Fame Student
Athlete Award Programme.
Newly appointed Minister
Charles Maynard made the


Legal Notice
NOTICE
EDBEEL INVESTMENTS LTD.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. O0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP INC.
(Liquidator)


Legal Notice
NOTICE

DENTS BLANCHES INC.
(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. O0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP INC.
(Liquidator)


Legal Notice
NOTICE
BRIZAY INVESTMENTS
PTE.LTD.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. O0. Box N-7757 Nassau,
Bahamas.



ARGOSA CORP INC.
(Liquidator)



Legal Notice
NOTICE

ILHAVO INVESTMENTS LTD.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. O0. Box N-7757 Nassau,
Bahamas.



ARGOSA CORP. INC.
(Llquldator)


AILy

A ^^


official cheque presentation to
College of the President
Janyne Hodder for $100,000
to aid the fund.
The increased endowment
will benefit 64 student athletes
at COB competing on one of
its eight varsity teams, which
include: mens and ladies bas-
ketball, volleyball, soccer and
track and field.
"I am pleased to assist in
writing another chapter in the
progressive relations between
the College of the Bahamas
and my Ministry," Maynard
said, "In this instance, we
solidify such a partnership by
doubling the size of funding
provided a year ago, when we
initiated a plan for enabling
the College to assist financial-
ly-challenged student-athletes
seeking admission to the Col-
lege."
Maynard said it signaled his
Ministry's commitment to the
development of the athletic
programme and would aid in
the country retaining more elite
athletes.
"This occasion also permits
me to confirm the views of my
Ministry that further national
sports development will be
closely aligned to a robust ath-
letic programme at COB. This
view is common among all
National Core Sport Federa-
tions who collectively view a
vibrant COB athletic depart-
ment as vital to fielding their
strongest national teams," he
said, "Just as important an out-
come of this programme is the
aim of my Ministry to rely less
heavily on external institutions


Legal Notice
NOTICE
BENDERLAYTON
INVESTMENTS LTD.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.




ARGOSA CORP. INC.
(Liquidator)



Legal Notice
NOTICE
SIMBOL INC.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
ELKIN BRIDGE
INVESTMENTS LTD.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.




ARGOSA CORP. INC.
(Liquidator)


NPVA set to host

annual all star

celebrations Sunday


FROM page 11
Navardo Demeritte

Women's President
Kelsie Johnson
Tia Wilson
Diandra Sands
Anastasia Sands
Je'Nae Saunders
Rochelle Henfield
Margaret Albury
Vanricka Rose
Terae Sweeting
Anishka Rolle
Sonia Hinsey

Rebecca Moss (Libero)

Coach: Peter Ferguson
Jason Saunders

Men's Vice-President

Prince Wilson
Muller Petit
Tony Simon
Arison Wilson
Leonardo Dean
Shedrick Forbes


Rayon Brooks
Vincente Demeritte
Javari Southard
Levar Kellman
Ronnie Lexidor
Terrell McKenzie

Ruel Williams (Libero)

Coach: Lloyd Davis
Adalbert Ingraham

Women's Vice-President
Cheryse Rolle
Laval Sands
Shevaughn Woodside
Shantia McPhee
Charlene Fox-Ferguson
Kenisha Thompson
Krystel Rolle
Janet Williams
Kimberly Thurston-Campbell
Sharon Whylly
Manishka Rollins

Latondra Brown (Libero)

Coach: Joseph Smith
Jennifer Dotson


to groom our elite athletes. I
am therefore pleased to pro-
vide to the College my Min-
istry's second installment of its
Aid to Student Athletes Pro-
gramme. "
It was the Ministry's second
contribution to the fund in the
past year.
In Spring of this year, the
ministry provided $45,000 to
the programme, more than
doubling its efforts in the Fall.
President of the College of
the Bahamas Janyne Hodder
said: "This Fall, the National
Hall of Fame Student Athlete
Award is benefiting 64 student
athletes by providing tuition
or books. This represents
more than half of our total
complement of student ath-
letes at the College," she said,
"This semester, 22 of the stu-
dent athlete grant recipients
are freshmen whose excep-
tional achievements have set
them apart as leaders in sport-
ing events like soccer, volley-
ball, basketball and track and
field."
Hodder said the contribu-
tion became more significant
amidst the current economic
climate and was a testament
to COB's commitment to
human development.
"Today's contribution is
especially noteworthy consid-
ering the world's and the coun-
try's depressed economic cli-
mate," she said, "The College
believes and is committed to a
human development as a fun-
damental priority to guaran-
tee a prosperous and sustain-
able future for the Bahamas."


IODSCUSS STOIS ON THIS PAG LO NTSW.RIUE4.O


Ministry increases budget for COB


student Hall of Fame award programme


Legal Notice
NOTICE
LINES BRICKLY
INVESTMENTS LTD.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.




ARGOSA CORP INC.
(Liquidator)



Legal Notice
NOTICE
BIGEASI VALLEY INC.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP INC.
(Liquidator)


Legal Notice
NOTICE

LLAMA INC.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


^^^^^^^^^^^^^^^SPORTS In^^^^^^^^^^^^^^^^^^^^^







+


TRIBUNE SPORTS


FRIDAY, DECEMBER 18, 2009, PAGE 13


National Learn-to-Swim trials completed


SOME 1400 Bahamian pre-school-
ers and primary students recently com-
pleted an innovative Learn-to-Swim
programme, with more than half suc-
cessfully completing the requirements
to survive an accident in ocean waters.
Sponsored by the Grand Bahama
YMCA and private donors, the pro-
gramme is designed to teach as many
children as possible, in the least
amount of time and at minimum cost,
the basic skills needed to survive in
the water.
Children as young as three-years-
old took part in the programme, which
was specially designed, and is admin-
istered, by Coach Iva Dreke Russell,
the YMCA's aquatic director who is a
former assistant coach for the
Bahamas National Swim Team.
Mrs Russell also coached the Cuban
National Swim Team and is a former


national record holder in the 400 and
800 metre freestyle. She has a graduate
degree in physical education and cul-
ture from Havana's Manuel Piti Fajar-
do Institute and designed a low-cost
training programme that relies on
experienced swimmers as instructors.
This "factory" programme can
teach large numbers of children to
swim in a short time frame, and is
believed to be the only one of its kind
in the world. The Grand Bahama
training sessions ran from September
to December as a pilot project in
order to demonstrate the methodol-
ogy and cost-effectiveness of the pro-
gramme.
It is not known how many schools
on Grand Bahama will participate for
the next two terms. If there is no offi-
cial support then it will depend on
the priorities of the PE programmes


of the schools and transportation
costs. Potentially, more than half of
the school population on Grand
Bahama could acquire basic swim-
ming skills by next June. The organ-
isers may then turn their attention to
other islands, and are calling on gov-
ernment to consider making the train-
ing a part of the national school cur-
riculum.
"Swimming is the second leading
cause of accidental death for children
worldwide, and the Bahamas has a
high rate of drowning per capital "
said Coach Iva. "Enhanced water
safety should be a top priority for
schools and communities around the
country, and we have managed to
keep the cost per child to under $20
for an average of 6.5 lessons."
This programme will also prepare
interested children for entry into


more competitive swimming, elimi-
nating some of the cost and risk of
initial basic training at local swim
clubs. And a secondary goal of the
sponsors is to teach children to
respect the ocean and the living
things within it.
The programme was made possible
by a special grant provided by two
concerned Nassau residents, Louis
Bacon and Kris Lehmkuhl. They are
dismayed by the lack of swimming
skills among Bahamians, concerns
which were magnified by the drown-
ing of two children at Adelaide and
of a Bahamian employee at Nygard
Cay earlier this year.
"Bahamian kids are islanders and it
is axiomatic that they should know
how to swim," Lehmkuhl said. "So
we worked with a highly respected
certified swim coach to develop this


special high-volume programme,
which is unique in that it is geared
towards teaching survival skills as
well as respect for the ocean. It is
also very cost-effective."
The introductory level teaches chil-
dren how to save themselves if they
fall into a pool. Level two students
are trained to jump into open ocean,
tread water for 15 seconds, and then
swim to a nearby boat. Level three
students can jump into open ocean,
and swim 75 feet using the breast
stroke.
"As far as we are aware this is the
first time that a programme of this
magnitude has been targeted at sur-
vival in the water," said Karon John-
son, Executive Director for the
YMCA. "It is very popular among
the kids, and the results have been
encouraging."


Henne leads Dolphins




into playoff contention


DAVIE, Fla.


THE TOUCHDOWN
total is modest, long comple-
tions are infrequent and the
interceptions can be ugly and
untimely, according to the
Associated Press.


So what? Chad Henne's
winning.
By leading the Miami Dol-
phins' recent surge into play-
off contention, Henne has
strengthened his case as a
long-term solution at quar-
terback. He's 7-3 as a starter


since Chad Pennington was
sidelined by a season-ending
shoulder injury, giving Miami
(7-6) a shot at winning the
AFC East.
"In my mind," Henne says,
"I can be here for a long time
and help this team win."
In his second NFL season,
Henne hasn't exactly taken
the league by storm. His
quarterback rating of 74.9
ranks 23rd, behind even Jay
Cutler, Jason Campbell and
Matt Hasselbeck. He's aver-
aging only 6 yards per
attempt and has thrown just
five touchdown passes to his
wideouts. Seven of his nine
interceptions have come in
the fourth quarter.
But since Henne took
over, the Dolphins are 6-0 in
games decided by a touch-
down or less. Three times he
has led fourth-quarter come-
backs for victories.
"I don't think he ever
played like a first-year
starter," teammate Ricky
Williams said. "We've always
been impressed with how
poised he is. Usually when
you lose your starting quar-
terback and this young guy
comes in, there's panic. But
we never flinched, and he has
done a great job."
Henne directs an offense
that ranks third in the league
in rushing and puts an empha-
sis on efficiency. He was plen-
ty efficient in Sunday's win at
Jacksonville, setting a fran-
chise record by completing 17
consecutive passes.
While he has had costly
turnovers, his interception
rating of 2.7 is solid. He's


MIAMI Dolphins quarterback Chad Henne throws a second-quarter pass during an NFL football
game against the Jacksonville Jaguars, Sunday, Dec. 13, 2009, in Jacksonville, Fla.


working with a receiving
corps that lacks a deep
threat, forcing him into most-
ly conservative throws. And
his team ranks second in the
NFL with a third-down con-
version rate of 49 percent.
"He looks like a guy who
has been hand-picked for
that offense," said coach Jeff
Fisher, whose Tennessee
Titans play Miami on Sun-
day. "He keeps drives alive,
he makes throws, he's not
making mistakes, he's chang-
ing things on the line of
scrimmage. That offense is
perfect for him - a run-ori-


ented offense that forces
defenses to load the line of
scrimmage, and when he
needs to, he takes advantage
down the field."
On Dec. 6, New England
made it so difficult for Miami
to run that Henne threw 52
passes. He totaled a career-
high 335 yards and directed
the drive for the winning
field goal with a minute left.
"If he keeps improving like
he has over the last year, I
think the sky's the limit,"
Titans defensive end Kyle
Vanden Bosch said. "They're
a smart team, a ball-control


type team. In order for that
to work well, you have to
have a good quarterback, a
smart quarterback, an effi-
cient quarterback with the
ball. And it seems like he's
playing better and better
each week."
Henne also won at a 70-
percent rate in college,
where he went 33-14 as a
four-year starter with Michi-
gan. He was taken in the
second round of the 2008
draft and spent his rookie
year as an understudy to
Pennington, a wise and will-
ing mentor.


I^^fl * I B L
gtnja^


IODSCUSS STOIS ON THIS PAG LO NTSW.RIUE4.O


i:


71uthdaiy


9







+>


PAGE 14, FRIDAY, DECEMBER 18, 2009


TRIBUNE SPORTS


Kobe's jumper at OT buzzer lifts Lakers over Bucks


MILWAUKEE


Morry Gash/AP Photo
Los Angeles Lakers' Kobe Bryant
reacts after making the game-winning
basket during overtime of an NBA bas-
ketball game against the Milwaukee
Bucks Wednesday, Dec. 16, 2009.


KOBE BRYANT reverted to an
old habit when he missed a potential
game-winning shot. Given a second
opportunity, he stuck with the
change he's made since breaking his
right index finger, according to the
Associated Press.
Bryant hit a 15-footer as time
expired and scored the game's final
seven points over the last 1:18 of
overtime to lift the Los Angeles Lak-
ers to a 107-106 victory over the Mil-
waukee Bucks on Wednesday night.
Bryant, who had 27 of his 39
points in the second half and over-
time, missed a shot from nearly the
same spot from the left elbow that
would've won it at the buzzer to end
regulation.
"I changed my grip since the fin-


ger, so that first shot I took had my
original grip and the ball kind of
came off the wrong way," said
Bryant, who broke the finger against
Minnesota on Friday. "I was upset
because if I was going to miss it, I'd
rather miss it with things I've prac-
ticed in the last few days. I was hap-
py to get another look."
On his second try, he backed
down Charlie Bell again and drained
the jumper to start the celebration by
raising his arms triumphantly and
returning to the Lakers bench where
he was mobbed.
"I had a really good look on that
first one and wanted to go right back
to the same spot and get the same
look," Bryant said.
Pau Gasol had 26 points and a
career-high 22 rebounds for the Lak-
ers (20-4), who tied Boston for the


best record in the NBA with their
13th win in the last 14 games.
Bryant, who scored 42 points in a
win over Chicago on Tuesday night,
was again sharp when it counted
despite the finger that's been ham-
pering his ball handling and follow
through. He went 13 of 28 from the
field and hit all 12 of his free-throw
attempts, but committed seven
turnovers after committing eight
against the Bulls.
He said he took a whack on the
hand and it remains sore, but this
one was much more painful for the
Bucks.
Reserve Michael Redd had 25
points and Ersan Ilyasova added a
career-high 24, but the Bucks lost
their fourth straight in the series with
the Lakers and are 3-14 in the last 17
meetings.


"I hate losing to him," said Redd,
back for his second game after miss-
ing seven with left knee soreness.
Milwaukee took a 106-100 lead in
overtime after Redd hit a 3 and Luke
Ridnour added a 15-footer.
Bryant hit a jumper and after
Ilyasova missed two free throws, the
Lakers star added a three-point play
by plowing into Andrew Bogut, who
had 16 points and 12 rebounds, to
make it 106-105 with 48 seconds left.
Bogut and Bell both declined to
criticize the officiating, saying that
they didn't want to draw a fine. But
both were clearly perturbed and
believed Bogut had position.
"That was a huge play, the charge
or block call," Bucks coach Scott
Skiles said. "That's a huge play and
if we get that stop right there, we're
probably in good position."


Legal Notice
NOTICE

ERISSOME OCEAN CORP.
(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE

ALBERTPARK

INVESTMENTS PTE. LTD.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.



ARGOSA CORP INC.
(Liquidator)



Legal Notice
NOTICE

SKYE GLOBAL LTD.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP INC.
(Liquidator)


Legal Notice
NOTICE

MOYLE VENTURES INC.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE

ALOGOTE HOLDINGS LTD.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE

PINEWOOD STARS INC.
(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE

MURGESE HOLDINGS INC.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE

MIRAGE CONSULTANTS LTD.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE

LAKE JAMAICA INC.
(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE

KRILLINGTON HILL

INVESTMENTS LTD.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.




ARGOSA CORP. INC.
(Liquidator)



Legal Notice
NOTICE

BLUE WATER VALLEY INC.
(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE

YAELTOV CORP.
(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


ITDISCUS TOIE O0TIS AG0LG N 0O'WW.RIUN24.CM0







M PAGE 16, FRIDAY, DECEMBER 18, 2009


*OCAL NEWS


Bahamas National

Youth Choir holds

Christmas concert


SCENES FROM the Bahamas National Youth Choir's First Annual
Christmas Concert at the Trinity Methodist Church. The event, held on
Tuesday, featured festive songs to get the audience into the spirit of
the season.
Felipd Major/Tribune staff


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TRIBUNE I ,



USII

FRIDAY,


SS


DECEMBER 18, 2009


FECKTIONC ^B e business tribunemedia^ I


By NEIL HARTNELL
Tribune Business Editor
A Coral Harbour resident
yesterday backed an assertion
by the developer of a seven-
screen cinema/retail and gas
station complex that his devel-
opment will increase property
values in the area, adding that
not all were opposed to the
project.'
Charles Hall, a Coral Har-
bour resident since the late
1980s, told Tribune Business
that he and others in the area
were not against the proposed
development by Tony Joudi,
president of Fast Track Con-
struction, or his proposal to
demolish two walls on the
northern side of the Coral
Harbour Roundabout.
The impending demolition,
which is awaiting final
approval from the Town Plan-
ning Committee, has sparked
a furious protest by some
Coral Harbour residents, led
by Sonya Alvino and attor-
ney Joan Ferguson, but in
both an e-mail and interview
with Tribune Business, Mr
Hall made clear that the com-
munity is far from being 100
per cent united behind their
protests.
Tackling one strand of the
protesters' arguments, name-
ly that the demolition of the
walls would reduce property
values in the Coral Harbour
area, Mr Hall, who is a senior
manager at FirstCaribbean
International Bank
(Bahamas), said in an e-mail
to fellow residents: "I do not
follow or agree that the
removal of the walls will have
any impact whatsoever on
property values in the area.
"What will impact values,
and positively so, is the com-
mercial development [of Mr
Joudi's], which will make it
more attractive for residents
to not have to travel long dis-
tances to do their shopping.
In this regard, I believe we
have all benefited from the
completion of the Humming-
way Shopping 'Centre' and
the presence of Budget
Meats."
Mr Joudi furthered this
argument yesterday, telling
Tribune Business that the
presence of his commercial
development, which includes
an already-constructed strip
mall (soon to be followed by a
60,000 square foot food store
and medical facility), would
both increase security in the
Coral Harbour area and prop-
erty values.
"It's going to add security
to the area," Mr Joudi said of
his project, the third phase of
which will be the cinema,
retail and gas station complex.
"There will be 24-hour secu-
rity, making people more
secure.
"It's adding to the property
SEE page 8B


FINCO: No dividend



after 69% profit fall

* RBC mortgage-lending arm sees net income decline almost $10m to $4.563m
from $14.456m, as non-performing loans up 124% year-over-year
* Chairman says situation for all 'unprecedented', adding that last year he would
have thought loan loss provisioning 'way too conservative'
* Loan loss provisions up 184% or almost $10m to $15.1m, accounting for most
of profit fall
* Non-performing stands at 8.09% of portfolio, but Tier 1 capital still well above
regulatory limits at 18.53%
* Bank saw some interest rate spread 'compression', although interest income flat
By NEIL HARTNELL
k.-... .... Tribune Business Editor


RBC FINCO yesterday announced it was not declaring a
fourth quarter dividend, the first time it has decided not to
return profits to shareholders "for as long" as some analysts can
remember, after net income slumped by 68.5 per cent due to
provisions for a 124 per cent year-over-year increase in non-per-
forming loans.
Ross McDonald, FINCO's chairman, told Tribune Business
that the company's 2009 financial results, and decision not to
declare a dividend, were further evidence of the "unprece-
dented" economic slowdown the Bahamian and world
economies had experienced, and showed the recession's impact
was "real and serious".
BISX-listed FINCO, which is 75 per cent owned by Royal
Bank of Canada and effectively acts as its Bahamian mort-
gage-lending arm, disclosed that net income for the year to
SEE page 10B


IUbb IVILUUINALU


Store parlays $1/2m


outlay into expansion


By CHESTER ROBARDS
Business Reporter
crobards@tribuneemedia.net
CLAIMING the title of the
country's first and largest self-
service shoe store, Bani has
turned around an almost
$500,000 investment in only
six months and expanded its
offering, the shop's manager
said yesterday.
Sherrelle Johnson said the
store has done so well in its
first months that the owners
made the decision to expand
its stock to include cosmetics,
clothing and hats. Children's
items will be added in early
2010.
According to Ms Johnson,
the self-serve model elimi-
nated stocking costs and
reduced the amount of staff
needed for customer assis-
tance, though the store still
employs almost 20 individu-
als and will take on more for
the holiday season.
"It's very easy and cost
effective, so we pass the sav-
ings on to our customers," she
said.
The Mackey Street south
store has included in its stock
a range of products to fit most
budgets, offering shoes from
$5 up to $200. And they have
upped the ante on customer
service to set themselves apart
from other stores.


Doctors frees '$ OOk

monthly' through

early debt repayment

By NEIL HARTNELL
Tribune Business Editor
Doctors Hospital Health Systems (DHHS) yesterday told
Tribune Business it had freed up "about $100,000 per
month" in cash flow by spending $5.065 million this financial
year in repaying all its long-term debt, adding that an initial
inspection aimed at getting it accredited for medical tourism
had gone "extremely well".
In response to Tribune Business's questions, the BISX-list-
ed healthcare provider said it was in the initial planning
stages for the expansion disclosed by this newspaper on
Monday, December 14. It aims to start the expansion of its
Collins Avenue hospital and healthcare facilities in earnest
in late 2010/early 2011.
"We are in the midst of planning our expansion, which will
include all clinical areas of the hospital, along with their sup-
port services," Doctors Hospital said in an e-mailed reply to
SEE page 11B


"We want people to leave
our store happy," said Ms
Johnson
She added that the 7,500
square foot space was expand-
ed to become a department
store last month, and it has
begun to offer myriad new
products, including church
hats, Black Opal and L'Oreal
cosmetics, jewellery and per-
fume.


SEE page 12B


'4'


, J - f -F*I


S$4.05


;o $4.21 I


$4.21

BO-


4


7% ordinary


life growth


puts BAF on


profit target


* President/CEO says while 2009 'not
banner year per se', Bahamian
financial services provider will 'come
close' to budgeted $2m-$2.5m profits
* Still looking at further Caribbean
expansion
* Looking to make 'significant inroads'
on re-entry into Bahamian health
insurance market in early 2010
By NEIL HARTNELL
Tribune Business Editor
British American Financial's president/chief
executive yesterday said that while 2009 had not
been "a banner year per se", it expected to "come
close" to its target $2-$2.5 million net profit for the
year, aided by 7 per cent premium growth in its
ordinary life business.
Chester Cooper, who is also chairman of the
Bahamian financial services provider's parent,
BAF Global Group, told Tribune Business that
while the company was "not overly optimistic"
about prospects for 2010, it continued to look at
expansion into other Caribbean markets, having
just completed its acquisition of CLICO's Cay-
man life insurance portfolio.
In addition, Mr Cooper said British American
Financial expected to make "significant inroads"
into the Bahamian health insurance market in
2010, following its re-entry in alliance with BUPA
and the release of a new product line.
"We've had a year on par with last year," Mr
Cooper told Tribune Business yesterday.
"It's been an extremely challenging year, the
economy has not spared us, and because we've not
had much top-line growth per se, we've had to
control expenses.
"Because we've done this, we expect to report
good profits at the end of the year.
"We'll come close to our budgeted numbers for
2009."
SEE page 9B


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Fax: 328-4793
email:bijouxclassique@yahoo.com


PAGE 2B, FRIDAY, DECEMBER 18, 2009


THE TRIBUNE


Nothing graphic about


choosing this profession


BY DEIDRE BASTIAN
CREATIVITY EXPRESSION
Probably the most important
benefit of being a graphic artist
is the ability to express your
creativity, while still earning a
great living. Many artists are
moving towards graphic design
because it's easier to make a
living as a graphic designer than
it is in areas such as fine art.
Don't be discouraged; if fine
art is your passion then pursue
it and still work in other areas
as well.
WEB OR PRINT FLEXIBILITY
The cool thing about being
a graphic artist is that you have
different mediums in which to
express yourself. The two pri-
mary ones being print and web.
Web is obviously more recent
and still relatively new. If you
get into web design and you can
pick up programming skills
such as html or css, you could
open up an entire new world
of job opportunities for your-
self. Additionally, you can
branch off into other skill sets
easily, which can dramatically
increase your freelance or busi-
ness growth potential.
HUGE CLIENT BASE
Some businesses have a lim-
ited client base, but every busi-
ness needs a graphic artist. If a
business is going to do market-
ing then someone is going to
need to design those market-
ing materials. As long as we
have business, there will be a
need for the graphic artist.
Because of this, the competi-
tion is getting rougher every
day, so you will need to work
much harder to stand out from
the crowd. This demand means
that in order to stand out from
the rest you must constantly
sharpen your tools.
FREELANCE
My favourite part about the
graphic arts career is the ability
to engage in freelance work.
There are tons of places to find
freelance work on the Internet,
and in your free time.
RUN YOUR OWN STUDIO
If you have ever dreamed of
having your own studio or
office, then you could turn your
freelance business into a larger


operation and begin running
your own studio.
This is a great option if you
want to play the role of man-
ager or art director, and gain a
lot more exposure by doing art-
work for very large brands.
WORK IN-HOUSE
If you are not ready to free-
lance or run your own studio,
you can always work full-time
for someone else. Working in-
house can give you the stability
you need for peace of mind.
Some designers worry about
their creativity being limited in-
house and this can happen, but
you need to take a look at the
benefits and disadvantages to
make the right choice.
There are plenty of other
ways to let your creative energy
run wild while not working in-
hous,e so don't get too caught
up about having more limits on
what you can and can't do. It's
just part of doing business.
EASY TO GET INTO
If you have a decent com-
puter and a few Adobe pro-
grammes, you are pretty much
ready to rumble! After that, it's
all about creativity, hard work,
self-growth and networking.
Compared to other careers,
being a graphic artist could be
seen as a pretty low -ost career
to get into as opposed to say
starting a landscaping business,
where you would need a truck
and tons of expensive equip-
ment and other materials.
YOU CAN LEARN
ON YOUR OWN
While I do recommend going
to school for graphic design,
many amazing graphic artists
learned on their own. If you
practice enough at home, study
other art and practice tutorials,
read books and really have a


learn on your own. The big
benefit of going to school is
having teachers to guide you
and critique your work, so if
you teach yourself you need to
be able to gauge your current
skill level and understand what
areas you need improvement
in. The truth of the matter is
that if this is the correct career
path for you, you will definite-
ly feel it... your heart will dic-
tate and direct you so stay true
to yourself. Artists are usually
'feelers' and rely on their
instincts and passion.
FEW EXPENSES
Another great thing about
being a graphic artist is that
there are few business expens-
es. If you have a computer and
software already, there isn't
much else you need to spend
money on. If you are going to
handle printing for clients you
would work this into the total
project quote, and the same
goes for stuff such as buying
stock images or hiring an illus-
trator for a project.
You might have some web
expenses, such as website host-
ing and maybe a marketing
budget, but overall costs should
be pretty low if freelancing.
EASY ONLINE MARKETING
The design community is
incredibly rich online. I have
never seen so many different
and unique sites for an online
niche before. The design com-
munity is full of great forums,
blogs, gallery sites, organisa-
tions, tutorials sites and much
more. There are so many ways
to market your skills online that
it's not even funny. It just takes
a little a bit of time and energy
to make the most of the web.
Technology changes by leaps
and bounds, so when you throw
your hat into the computer are-
na you've signed up to be a
continuous learner. Have fun
and stay on top of your game.


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Hair Removal Expert and Spa Director), and Nevida Mills fHair Stylist Assistant).
In Back Raw from left: Starting with lady in black and gold: Yolanda Contreras (Dominican Hair
Stylist), Yeslendi Thompson (Salon Assistant), Ebony Dorsett (Spa Themapist), Sharon Thompson (Nail
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Gertrude Roberts (Nail Techniclan), specializing in "Solar Nails", Body Sugaring Technician and
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+


THE TRIBUNE


FRIDAY, DECEMBER 18, 2009, PAGE 3B


Bahamas firm

in new export

achievement
International Private Bank-
ing Systems (IPBS), the
Bahamas-based specialist
provider of wealth management
software for the private bank-
ing sector, yesterday announced
that a leading Jamaican bro-
kerage firm had lowered oper-
ational risk by implementing its
system.
Mark Croskery, president
and chief executive of Jamaica-
based Stocks and Securities
Limited (SSL), said: "The IPBS
system has enabled us to mod-
ernise our systems and reduce
operational risk. We have
shortened end-of-month pro-
cessing times, enhanced our
client offerings with the provi-
sion of detailed and timely
statement information. IPBS
has also given us the capability
in the future to allow clients to
log on via our website, which
will enable real-time access."
Bruce Raine, founder and
president of IPBS, added: "SSL
has a strong reputation as an
innovative broker with a clear
focus on providing excellent
levels of customer service. By
implementing the IPBS system,
SSL has established a solid
technology platform to support
future business growth.
"The recent enhancements
that we have made to the IPBS
system ensure that it is capable
of managing the complex tax
requirements of the Jamaican
market, which is a tremendous
benefit for our users."
Traditionally, IPBS has only
been implemented in tax-free
jurisdictions. The IPBS system
was, in this instance, modified
not only manage and report on
withholding tax, but also to
manage other Value Added
Taxes such as the Jamaican
General Consumption Tax.
As there are more taxed
jurisdictions than there are non-
taxed, the potential market for
the IPBS system has expanded
enormously. Panama has
recently enacted a Value
Added Tax on all financial
transactions, and IPBS clients
will be able to upgrade to use
these new features. Barbados
is another taxed jurisdiction
where IPBS clients will also
benefit from these enhance-
ments.


Hotel relief over British



Airways strike vote block


By CHESTER ROBARDS
Business Reporter
crobards@tribuneemedia.net
A decision by the UK
courts to block a strike
called for by British Airways
cabin crew over the Christ-
mas season bodes well for
the Bahamian economy, the
Bahamas Hotel Associa-
tion's president said yester-
day.
Robert Sands, who is also
Baha Mar's vice-president
of external affairs, said
though aggregate visitors
from Europe represent only
10 per cent of the Bahamian
visitor - North America
accounting for 90 per cent -
Europeans tend to be long-
stay guests compared to
average room nights booked
by Americans.
Mr Sands said this made
the UK/European market,
which receives direct airlift
out of London via British
Airways, an important one
despite its relative size.
"It's an unfortunate state
of affairs," he said. "We
hope there is some resolu-
tion. This is never a good
thing for any destination.
"British Airways repre-
sents significant direct air-
lift from London to Nassau,
but fortunately there are
other routes with significant
airlift. However, persons are
longing for air access that's
direct."
The strike threat was
made after negotiations
between British Airways'
cabin crew union, Unite, and
the airline failed to find a
solution to proposed staff
cuts.
According to online news
sources, the court ruled that
because many of the signa-
tories on a petition came


from parties who had
already accepted the com-
pany's resignation request,
the strike vote was invalid.
It is believed the strike
would have affected millions
of holiday travellers and cost
British Airways hundreds of
millions of dollars.
Ms Sands said it was
important for any destina-
tion that no tourist is disad-
vantaged. "I think in very
difficult times there will


always be a balancing act
with the operator and their
employees," he said. "They
will always be trying to
negotiate the best possible
arrangement for themselves
and, if leverage has to be uti-
lized, entities will use what
they have to, to force the
hand."
He said visitor arrivals
from the UK were always
important, as they tend to
be higher-end leisure and
business travelers.
The UK government has
proposed imposing taxes on
airlines for their contribu-
tion to greenhouse emis-
sions. However, it has been
reported that this tax would
not contribute to global
warming mitigation.
According to Reuters, Sir
Richard Branson, who owns
one of the most successful
airlines in the world, Virgin
Atlantic, said reduction tar-
gets and cleaner fuels would
be a better move to curb air-
lines' environmental impact.
Mr Sands contends that
the world will likely have to
await the conclusion of the
UN Summit on Climate
Change to see where the
future of airline taxes and
costs will stand in the future.


*t ' Bahamas Business
* cqlk Solutions Ltd.
" ,*-
S-i No ou: Collini Ave & 7th Terroce
", -, Tel: (242) 302-9250
Grand dahoma: Ouoe'-, Highway
Tel: (242) 352-7022

http://www.bbsl .com

COP TVN1 I ACCII$ rPOIT I UI OIQRP$ I WHUI us!APTle$
DM L CAlMINA I AKnEr CDlR. ,w. I CJMAceDM$
*P | LIEMAIK INEI | CKIL PHONE I$ CA I$ I $1 I CARM











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/*~

I~.
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PUBLIC


AUCTION


Montague Villas Condominiums


7 units available

Unis 203,206,207,209,403,604,703A,DSI






- Gated Property

-Pool

- Laundry Facilities

- Guard House




__. _........ Bids being accept by

- j Campbell Chase Law

from


N


I- I




ti


A,- il
*L ,p


December 8,2009



For more info contact


Marie @ 326-8916 or

noraleonielaw@hotmail.com


T1~7


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


I TODSUSSOISO HSPG LGO OWWTIUE4.O


BUSINESS


� . .............[
� N41






+


PAGE 4B, FRIDAY, DECEMBER 18, 2009


THE TRIBUNE


Scotiabank chief



meets the DPM -


Scotiabank's president and chief execu-
tive, Rick Waugh, along with Scotiabank
(Bahamas) senior management, paid a cour-
tesy call on the Deputy Prime Minister and
Minister of Foreign Affairs, Brent Symon-
ette.
Discussing the current banking environ-
ment in the Bahamas, Scotiabank
(Bahamas) managing director, Barry Mal-
colm, led talks around the sector's success-


es of 2009 despite the challenges of the eco-
nomic crises.
Mr Waugh confirmed Scotiabank's com-
mitment to the Caribbean region, high-
lighting that the bank's long, successful his-
tory with the Bahamas makes this market a
critical one for the bank. Scotiabank was
established in The Bahamas in 1956 and
now operates 20 branches throughout the
country.


The following persons are asked to contact
STOR-IT-ALL OF NASSAU, LIMITED
in connection with items left in storage;


DANNELLA ROLLE

KENDRA ROLLE

ANDREW ARNETT

BEVERLY SMITH

KISHON TURNER


NAKIA COOPER

STEVEN ROLLE

MARVETTE GAITOR

CHERYL WELLS

JACKLIN BRICE


stor- it-9 ll


stri-l
Slier Ro0
(b Uo e' h leacU
- -. - * 40


(Photo by Craig Lenihan)
PICTURED (LEFT-RIGHT) are Jim Wilson, vice-president of corporate and commercial banking, Scotia-
bank Bahamas; Lyn Bastian, director of business support, Scotiabank (Bahamas); Rick Waugh, president
and chief executive of Scotiabank, the Deputy Prime Minister and Minister of Foreign Affairs; Barry Mal-
colm, managing director, Scotiabank (Bahamas).


RBC
FINCO




Finance Corporation of Bahamas Limited

NOTICE TO SHAREHOLDERS


Please be advised that Finance Corporation of Bahamas Limited
(RBC FINCO) recorded a net profit of $4,562,631 for the fiscal year
ended October 31, 2009 compared to $14,455,888 in the previous
year. Total assets grew to $907.9 million compared to $800.1 million
in 2008.

Having considered RBC FINCO's financial results for the year and
the level of loan arrears in the banking system, the Board of Directors
hereby notifies all of its shareholders that no dividend will be paid
with respect to the Bank's fourth quarter of 2009.

The Bank's decision not to make a dividend payment was made after
much deliberation by the Board of Directors and reflects the company's
reduction in net income over the year, together with the current
economic environment. The company's loan provision levels and
capital ratios remain strong and are well above regulatory requirements.


D. Burrows-Haines (Mrs.)
Corporate Secretary

Dated this 18th December, 2009


IODSCUSS STOIS ON THIS PAG LO NTSW.RIUE4.O


lae thn e. 28h 20


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Classroom Teachers
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lumPrinceil
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Tit4Zl 34-10.UM4 I 3Ul3J44 * Fnn mCIh33-�45


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J







+


THE TRIBUNE


FRIDAY, DECEMBER 18, 2009, PAGE 5B


WANTED

SALES PERSONS

WITH 3 YEARS EXPERIENCE

PLEASE FORWARD RESUME TO:
Taylor Industries Ltd
111 Shirley Street
Nassau, Bahamas
Fax: 328-0453
Email: generalinfo @ taylor-industries.com




BAHAMAS HEART INSTITUTE
LYFORD CAY HOSPITAL


IMMEDIATE VACANCY FOR A FILL TIME FAMILY
PRACTICE/EMERGENCY ROOM/ TER.NAL MEDICINE PHYSICIAN
BOARD CERTIFICATION AN SPANISH SPEAKER PREFERRED

The sauCsSful candidate will be required to maInage a diverse caseload and to provide
o-call and emergency room cover as neded. 11 will thfoe necessary for the
candidate to reside on the astern end of (he island Participation in the treament and
management of dive emergencies and hyperaric chamber patients required

[nterwteJ appliaits should apply in writing before January 30,2010 to:

Medical Director '
Baaas Hearititue '
Lyford Cay Hospital
P.O. Box N-7776
Nassau. Bai&i

Tel: 242-362440W4025
Fax: 242-3624493


"- Bay Street police



presence backed


The Downtown Nassau
Partnership (DNP) yester-
day applauded the Govern-
ment's efforts to increase the
police presence on Bay
Street.
The organisation's acco-
lades follow a decision by
the Ministry of National
Security and the Royal
Bahamas Police Force to
heighten security on the
island's most heavily traf-
ficked commercial thor-
oughfare.
"The Police Force has vis-
ibly stepped up efforts on
Bay Street," said Vaughn
Roberts, the managing
director of DNP, the pub-
lic-private sector organisa-
tion tasked with the revital-
isation of historic Nassau.
"We've already spoken


with store staff, who noticed
the difference immediately
and felt the added police
presence was very reassuring
for themselves and for visi-
tors. Government has a lot
on its plate, but we truly
appreciate the heightened
security from officers
assigned to the Tourism
Police Unit."
Escorted by a host of
senior officers, newly-
appointed Acting Commis-
sioner of Police Ellison
Greenslade conducted his
first walkabout on Bay
Street on Tuesday. During
his tour, he was impressed
with the number and
demeanour of officers on
duty.
While police step up their
presence to bring a greater


level of comfort to down-
town, the DNP, co-chaired
by director-general of
tourism, Vernice Walkine,
and Nassau Tourism Devel-
opment Board (NTDB)
chairman Charles Klonaris,
are working to 'bring back
the magic.'
Many once-bare shop
fronts are now covered with
art, the results of a holiday
decorating contest whose
winners are due to be
announced, and tonight
there will be a Christmas
street party organised by
merchants and restaurants
on Charlotte Street South
between Bay and Shirley
Streets.
The DNP is guided by an
11-member Board.


VOPAK TERMINAL BAHAMAS

WAREHOUSE MANAGER


A vacancy exists within the Operations Department for a Warehouse Manager.

The Warehouse Manager coordinates and plans warehouse storage and distribution of supplies to
requesting departments. Supervises the activities of employees and maintain safe and efficient Warehouse
conditions along with overseeing, organizing, maintaining and controlling materials in the Warehouse.
Nature of Job/Job Functions and Responsibilities:
Essential Functions
* Organize all activities & assign jobs accordingly for Warehouse personnel
* Coordinate and monitor distribution of goods within the Warehouse
* Takes precaution to protect warehouse contents from loss
* Manages inventory of materials to maintain required supply.
* Daily documentation of inbound and outbound movement of material
* Prepares or reviews distribution documents
* Ensure receiving reports are completed and sent to Accounts Payable within a timely manner
* Ensure that all appropriate safety regulations are being followed both with regards to personal
safety and safety of inventory.
* Enters data on received purchase orders and reports shortages, backorders, and damages to
ensure proper invoicing
* Checking and verifying shipping records, handling questions or concerns of shipping and
addressing any problems with inventory control.
* Scheduling employees, truck drivers, arranging drop offs and deliveries and scheduling use of
mechanized equipment such as forklifts
* Maintain housekeeping of warehouse and surrounding area
* Able to operate powered material handling equipment
* Ability to interact with a diverse customer base and maintain effective working relationships.

Job Requirements:
* Must have 5+ years as Warehouse Manager
* Must possess valid Driver's License
* Must have basic computer knowledge
* Bachelor Degree
* Must be fluent and proficient in English with good mathematical skills
* Ability to read, interpret and follow written job instructions and directions
* Ability to read and understand safety procedures and guidelines
* Must have math skills equal to or in excess of addition, subtraction, multiplication and division
* Ability to work overtime as the work load dictates and to be on-call when needed
* Effective/good oral and written communication skills
* Ability to accept responsibility and account for his/her actions
* Ability to adapt to change in the workplace
* Proven business related experiences in areas of warehouse and distribution management


Physical and Mental Requirements:


ONLY Z20 Ticke~ Av ilbl,.
CALL NOW. 327-6200


twr -jms -Duow -O C .4 LE uMdni
Dinner at SBlck Angus
Party Favors
Lntry into 22 Above After Parry
ONLY S119/person
+ gratuity


SWYNDHAM


Rrvmntiou Raqudred.


Jw 'MW BUFFE. C.M LUWfrtM
D rrine, at SeaSde
ParTy Favors
Enrry ritcj 22 Above After Party
S69/person + gratuity

Children are invited to SeaSidel
S35/child lage 1.1 2) + gratuity


CALL NOW 327-6200


* Employee must be physically able and possess sufficient strength to perform the following
essential functions:
o Climb ladders
o Operate forklift
o Lift 50-70 pounds of material
o Stooping and bending
o Ability to wear PPE for emergencies
o Stand on hard surfaces for extended periods of time
o Clean and organize warehouse as needed
o Roll, tip on dolly and dump 55-gallon drums
o Lift 5-gallon pail
* Must be free of illegal drugs at time of employment and remain unimpaired by drugs and alcohol
while on the job
* A drug test and medical examination relative to the job will be required, where allowed by law
* Vision must be correctable with glasses and hearing must be correctable with hearing aid
* Ability to remain calm in a crisis
* Willingness to work in all elements of weather
* Ability to handle the stress of working with hazardous chemicals and in confined spaces

Accountabilities:
* Contribute to terminal efficiency by:
o Minimize shrinkage and ensure that there is no unauthorized removal of stock
o Providing adequate inventory levels
o Taking accountability for material distribution
o Deal with customer queries and complaints
o Receive all materials in a timely fashion (within 24 hours)
o Providing an organized and safe work environment in the warehouse
o To manage finished goods handling and ensure that all stock is received, controlled,
stacked and stored in the correct area, utilizing warehouse space to a maximum,
within BORCO's standards and according to occupational health and safety act, as
well as company procedures and standards and quality system


Applications should be submitted to the
Human Resources Manager
Bahamas Oil Refining Company International Limited
Dbs Vopak Terminal Bahamas
P. 0. Box F-42435
Freeport, Grand Bahama, Bahamas
On or before December 30, 2009


ITDISCUS TOIESONTHS PGELO0ONTOWW.TIBUE22CO0


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ONLY $350/couple








+>


PAGE 8B, FRIDAY, DECEMBER 18, 2009


THE TRIBUNE


Resident backs developer over Coral Harbour property values


FROM page 1B

values, because they will be
close to commercial facilities.
If there's nothing there, no
one will want to buy a house.
"We all know that if you
need to get an appraiser to
appraise your property, the
first thing they assess is the
proximity of the property to
commercial facilities. That
determines the value of the


property. If those commercial
facilities are not there, the val-
ue of the property is not as
high."
Mr Hall, in an interview
with this newspaper, also
agreed that the presence of
the retail, grocery and medical
facilities, plus gas station,
would likely enhance Coral
Harbour property values
because residents would no
longer have to drive as far to
access these services.


go* -






Legal Notice
NOTICE

NOTICE IS HEREBY GIVEN as follows:

(a) CHICAGO INTERNATIONAL OVERSEAS LIMITED is in
dissolution under the provisions of the International Business
Companies Act 2000.

(b) The Dissolution of said Company commenced on December 17, 2009
when its Articles of Dissolution were submitted and registered by the
Registrar General.

(c) The Liquidator of the said company is Zakrit Services Ltd. of 2nd
Terrace West, Centreville, Nassau, Bahamas.

(d) All persons having Claims against the above-named Company are
required on or before the 29th day of January, 2010 to send their
names and addresses and particulars of their debts or claims to the
Liquidator of the company or, in default thereof, they may be excluded
from the benefit of any distribution made before such debts are proved.

DECEMBER 18, 2009

ZAKRIT SERVICES LTD.

LIQUIDATOR OF THE ABOVE-NAMED COMPANY


Complaining about the
opening hours at Coral Har-
bour's existing gas station, Mr
Hall said of Mr Joudi's pro-
ject: "I think it's going to
improve them [property val-
ues], given the proximity we
would have to the various
facilities. Tony Joudi's devel-
opment is going to make it
easier not to have to face traf-
fic in town, costing us less on
fuel."
Life for Coral Harbour res-


idents had improved signifi-
cantly when Budget Meats
was established in the Hum-
mingway Plaza, Mr Hall
added, pointing out that the
plaza and two subdivisions
adjacent to it had also been
developed by Mr Joudi.
He also told Tribune Busi-
ness that Mr Joudi's project
was likely to increase interest
in the Coral Harbour area,
something that might push the
Government to improve road


".....private & confidential acquisition of

gold and precious metals bullion."



Symon-Petr Commodities Ltd.

Ph# (242) 424-5857, VOIP (305) 897-3070
E-mail" principal@symonpetr.com




Legal Notice
NOTICE

NOTICE IS HEREBY GIVEN as follows:

(a) PRATI ALTI INVESTMENTS LIMITED is in dissolution under the
provisions of the International Business Companies Act 2000.

(b) The Dissolution of said Company commenced on December 17, 2009
when its Articles of Dissolution were submitted and registered by the
Registrar General.

(c) The Liquidator of the said company is Zakrit Services Ltd. of 2nd
Terrace West, Centreville, Nassau, Bahamas.

(d) All persons having Claims against the above-named Company are
required on or before the 29th day of January, 2010 to send their
names and addresses and particulars of their debts or claims to the
Liquidator of the company or, in default thereof, they may be excluded
from the benefit of any distribution made before such debts are proved.

DECEMBER 18, 2009

ZAKRIT SERVICES LTD.

LIQUIDATOR OF THE ABOVE-NAMED COMPANY


conditions in the area.
Mr Hall said the Govern-
ment had yet to claim the 50-
foot easement setback from
the road that Coral Harbour
was supposed to have, allow-
ing for the creation of side-
walks.
"Hopefully, with this devel-
opment we will have an
enhanced interest in the area
by the powers that be, from a
policing perspective and a
maintenance perspective, and
it will brought up to the stan-
dard of a Blair Estates," Mr
Hall added.

Reservations

He expressed reservations,
though, about Mr Joudi's
plans for a seven-screen
movie complex, telling Tri-
bune Business that while it
"sounds nice on paper", New
Providence seemed well-
served by Galleria Cinemas'
existing two operations. The
fear, Mr Hall said, was that
the cinema complex could
become a "white elephant".
Tribune Business under-
stands, though, that Mr Joudi
has already received interest
in his development from exist-
ing cinema operators.
And Mr Hall said: "He's
[Mr Joudi] already been con-
tacted on a few occasions by
the Albany group, and they're
letting their founder members
and anyone interested in pur-
chasing a lot about Tony
Joudi's strip mall and plans
for the area.
"Albany purchasers will
have to come from the air-
port to Albany, past his devel-
opment.
"They've been talking with
him to get a sense as to the
timelines and stages for com-
pletion of that area, as they
see that as enhancing their
ability to sell lots at Albany.
"I think it will be a positive
impact for our area to see the
development of a property
which right now is pine bar-
ren.
"Progress is inevitable, and
if we can have it done in a
systematic, well-developed
approach, it can only be bet-
ter for us all.
"The southern side of the
island will become more
attractive and less far away in
time and distance for home-
owners, and we've seen very
robust interest in the proper-
ties in the area."
Mr Hall also told Tribune
Business that Michael Major,
the director of physical plan-
ning, also had a vested inter-
est in Mr Joudi's project given
that he was a resident of near-
by Coral Lakes.
"He couldn't see that tak-
ing the walls down would
have much of a detrimental
impact on Coral Harbour,"
Mr Hall added.
In his e-mail to Tribune
Business, Mr Hall said Coral
Harbour residents would
"prefer" that Mr Joudi keep
the two walls on his proper-
ties, both on the northern side
of the Coral Harbour round-
about, "if possible" by incor-
porating them into his design.
"But in the interest of
progress, do not feel they are
of sufficient significance as to
take a confrontational stand
on them, and believe there
will be and are more pressing
issues in Coral Harbor for
such a 'robust' approach than
the present one," Mr Hall
said.
"We believe that provided


the areas at the round about
remain green spaces, nicely
landscaped and prohibited to
vehicular traffic and food ven-
dors of any sort, Tony should
be allowed to proceed on
agreed terms from the Min-
istry of Works."
Mr Hall reiterated this mes-
sage in a November 19, 2009,
e-mail to several Coral Har-
bour residents, including Ms
Alvino and Paul Harding, two
of those opposed to the wall
demolition plans.
"The Ministry of Works
indicated at our meeting that
they looked at all of the
entrances to the various sub-
divisions constituting Coral
Harbor and, without excep-
tion, they are all identified by
entrance walls on the south-
ern side of the road," he
wrote.
"I agree with them that the
walls on the northern side
serve no real useful purpose
in retaining our unique iden-
tity. In fact one of them (the
westerly one) has hardly been
visible for some time due to
the foliage.
"While I initially objected
to what is being contemplated
by Tony Joudi, I took a step
back and had to admit that I
could easily adjust to the walls
not being there on the north-
ern side and, quite frankly,
believe that the open vista
with their removal would be
an improvement on the pre-
sent state of uncontrolled
growth and debris accumula-
tion.
"Everyone deals with
change differently, and I
believe change is inevitable
in the long term for progres-
sive development."
Mr Hall said other Coral
Harbour residents felt as he
did, including both William
Delancey, owner of the
Coastal Waterways apart-
ments, and the owner of The
Porches at Coral Harbour
development, Pierre Gauthi-
er.
Referring to Mr Joudi, Mr
Hall added: "He owns the
Hummingway Plaza and two
subdivisions adjacent to it,
Hummingway being one of
them. He also is developing
a new gated subdivision, 'Via
Della Rosa'.

Supporter

"He has been a strong sup-
porter of the community over
the years in the general
upkeep, and has never shied
away from dipping into his
pockets to contribute to main-
tenance expenses for the com-
mon areas in Coral Harbour.
"Worthy of mention are the
several thousands of dollars
in costs for the reinstatement
of the roofs to the entrance
towers that were blown off in
(I think it was ) 2004. Both
he and Pierre contributed
handsomely and unselfishly
when I approached them on
it. The Defense Force pro-
vided the labor on a gratis
basis."
Mr Hall said Mr Joudi had
"a fundamental interest in
making sure he does the right
thing for the area" given his
extensive investments in
Coral Harbour, and would
not 'cut off his nose to spite
his face'.
He argued that the objec-
tors were focusing on one
issue, as opposed to looking at
the wider picture.
Yet in November 19, 2009,
e-mail, Ms Alvino told Coral
Harbour residents that the
Antiquities, Monuments and
Museums Corporation would
revisit their assessment of the
walls if it was shown they
were 40-50 years-old.
"I have spoken with the
Antiquities, Monuments, and
Museums Corporation, and
was told that if we can pro-
vide testimony to the fact that
the walls and towers have
been in place for over 50
years we then have an argu-
ment for their classification
as a Landmark or even an
Antiquity," Ms Alvino wrote.
"Antiquities told Ministry
of Works, initially, that the
walls would not be classified
thus because they could find
proof of their length of their
existence. They will now
revisit this.
"As such I was asked to
submit a letter to request this,


see attached. Are we in agree-
ment to send this in to Antiq-
uities? This gives us an argu-
ment for more time to gather
information on the walls
before their removal.
"Also, EV Johnson knows
the contractor who built the
walls and, if we can get testi-
mony from him, we may well
get this classification."


I ODSUS STOIE ON THI 0AG 0LG ON TOWWTIUE4.O


af PFG CAPITAL MARKETS
ROYAL FIDELITY
aM, er art Wrt L
C F A L ( Cc:> L. 1 A _. m
C1. i - TEC . T,- -CEI* E i.* I ie.- - .- *..=.
THURSDlY 17 DECEi.lEBER 200.-,
Eli '. LL _N - I :E iNDE s LLt'iE 1 '-. -.- I( -h _- 1. I | . 1. _-. " I YTC 1 - - - | V- TC 1V*
FINDEL', L-Lf E . . 1' TL . .. I .- 1 "
WWW.BISXBAMAMAS.COM I TELEPHONE:242-323-2330 | FACSIMILE: 242-323-2320
52wk-H 52wk-Low Secu..t y Previous Close Today's Close... Change Daly Vol EPS $ Div $ P/E Yield
1 71 103 AML Foods Limited 1 17 1 17 000 0127 0000 92 000%
11 80 9 90 Bahamas Property Fund 10 73 10 74 001 3,000 0 992 0 200 108 1 86%
930 590 Bank of Bahamas 590 590 000 0244 0260 242 441%
0 89 063 Benchmark 063 063 000 0 877 0000 N/M 000%
3 49 315 Bahamas Waste 315 315 000 0 125 0 090 252 2 86%
2 37 2 14 Fidelity Bank 2 37 2 37 000 0 055 0 040 431 1 69%
14 04 9 92 Cable Bahamas 10 00 9 98 -0 02 5,000 1 406 0 250 71 2 51%
2 88 2 72 Colina Holdings 2 72 2 72 000 0 249 0 040 109 1 47%
719 526 Commonwealth Bank (Sl) 650 651 001 5,300 0419 0300 155 461%
3 85 1 27 Consolidated Water BDRs 2 68 2 60 -0 08 3,000 0111 0 052 234 2 00%
2 85 1 32 Doctor's Hospital 2 55 2 55 000 2,000 0 625 0 080 41 3 14%
8 20 6 28 Famguard 649 649 000 0 420 0 240 155 3 70%
11 87 8 80 Finco 929 928 -001 5,000 0322 0520 288 560%
11 71 9 86 FirstCabbean Bank 9 86 999 013 5,000 0631 0350 158 350%
553 411 Focol (S) 475 475 000 5,000 0326 0150 146 316%
1 00 1 00 Focol ClassB Preference 1 00 1 00 000 0000 0000 N/M 000%
045 0 27 Freeport Concrete 027 027 000 0035 0000 77 000%
902 549 ICD Utilties 559 559 000 0407 0500 137 894%
1200 995 J S Johnson 995 995 000 0952 0640 105 643%
1000 10 00 Premier Real Estate 10 00 10 00 0 00 0 156 0000 641 0 00%
BISX LISTED DEBT SECURITIES - (Bonds trade on a Percentage Pricing b cases)
52wk-HI 52wk Low Security Symbol Last Sale Change Daily Vol Interest Maturity
1000 00 1000 00 Fidelity Bank Note 17 (Series A) + FBB17 10000 0 00 7% 19 October 2017
100000 1000 00 Fidelity Bank Note 22 (Series B) + FBB22 10000 0 00 Prime 1 75% 19 October 2022
100000 1000 00 Fidelity Bank Note 13 (Series C) + FBB13 10000 0 00 7% 30 May 2013
100000 1000 00 Fidelity Bank Note 15 (Series D) + FBB15 100 00 0 00 Prime 1 75% 29 May 2015

14 60 792 Bahamas Supermarkets 1006 11 06 1400 2 246 0000 N/M 0 00%
8 00 6 00 Caribbean Crossings (Pref) 2 00 625 400 0 000 0 480 N/M 7 80%
0 54 0 20 RND Holdings 0 35 0 40 0 35 0 001 0 000 256 6 0 00%


1 4160 1 3419 CFAL Bond Fund 1 4160 462 553 31 Oct-09
30351 28266 CFAL MSI Preferred Fund 28552 2 88 3 92 30 Nov-09
1 5050 1 4294 CFAL Money Market Fund 1 5048 4 96 519 11-Dec-09
3 3856 2 9343 Royal Fidelity Bahamas G & I Fund 2 9618 -12 52 -15 21 31 -Oct-09
13 2400 12 5597 Royal Fidelity Prime Income Fund 13 2400 4 93 5 90 31 -Oct-09
103 0956 100 0000 CFAL Global Bond Fund 103 0956 310 2 52 30-Sep-09
100 0000 99 4177 CFAL Global Equity Fund 99 4177 312 276 30-Sep- 09
10804 1 0000 FG Financial Preferred Income Fund 1 0804 432 526 31-Oct-09
1 0364 1 0000 FG Financial Growth Fund 1 0269 0 59 0 19 31-Oct-09
1 0742 1 0000 FG Financial Diversified Fund 1 0742 356 442 31-Oct-09
9 4740 9 0775 Royal Fidelity Bah Int Investment Fund 94740 417 418 31-Ot-09
Pnnc.ipal Prteed TIGRS, Senes 1
106301 10 0000 Royal Fidelity Bah In Investment Fund 10 6301 6 30 6 30 31 -Oct-09
Pnnxpai Pr teed TiGRS, S.ns 2
i' I- El T TE i' I
BlS ALL SHARE iNDEX1 19, 1,00000 YIELD it12 thd Id Idnd ddeid by s.... g pn...
52wk-H - Hghest clostng pnice n last 52 Weeks Bdd $ - `Buy`ng pnce of Coldna and Fdelty

hg hiV =d EPS$ -A -p.y9. repd enig p., h.. fr the i/ 12 -th
D..,y =b.- td'tdN Net N t VAlue
PE Ci i digpndiFINiXd Th. itdg 1lt Bthh i.s St-k lId. January' 1, 1994 - 100
(S) 4 1 Stk Split Eff-E Date 3/3/2007
(S1)- 3for1 Stock Split Effecve Date 7/11/2007
-TO Tr..flSE CALLi CFAL- 242-502-701 0 ROYVaLFiOELITV 242-3S6-7764 I FG CafPITL UIAItETS 242.396-4000 I COLOMIA.L _242-_02 72.


WI ' .'


AutaaY


N o R A F T . " -'.


CRAND SOUVENIR R



. Come and experience local art & craft products
made in The Islands of The Bahamas
and enjoy native cuisine and entertainment!

Venues: Woodes Rogers Walk
,~ ^Downtown BUyStree

fromt- 6.)arn.-7:O�pm1. rj---





I -U A .L__q ..r 'Ii"vi







+


THE TRIBUNE


FRIDAY, DECEMBER 18, 2009, PAGE 9B


7% ordinary life growth




puts BAF on profit target


FROM page 1B

Mr Cooper had previous-
ly told Tribune Business that
British American Financial
had targeted net profits of
$2-$2.5 million for its 2009
financial year, and yester-
day revealed the only area
that had experienced top-
line growth was ordinary
life.
"We had modest growth
in ordinary life premiums to
the tune of 7 per cent, but
everywhere else was on par
with last year," Mr Cooper
said.
"Our creditor life business
had grown significantly in
previous years, but was rel-
atively flat in 2009.
"Bank lending slowed
greatly in 2009, and we
expected those results.
"We expect that business
to pick up in line with the
economy, and hopefully we
will see some growth in that
area in the 2010 second
quarter."
While British American
Financial's pensions and
mutual funds business had
matched their 2008 perfor-
mance, Mr Cooper said
there had been "no signifi-
cant growth" in either dur-
ing 2009.


"It's not a been a banner
year per se," he added. "It's
been more business as usu-
al."
Yet striking a more opti-
mistic note, Mr Cooper told
Tribune Business: "We hope
to make significant inroads
in the medical business in
2010, because we've seen
encouraging signs of
demand already for that
product, and we expect to
get some top-line growth in
the health business.

Modest
"It's been a modest start
with the holiday pending,
but we expect in the early
part of the New Year to be
in full swing, so to speak."
And he added: "We're
also looking at other terri-
tories in the region in terms
of expansion, but that is not
something I can talk about
at this point."
BAF Global Group has
moved to quickly build-up
its Cayman-based business
by exploiting CL Financial's
difficulties, acquiring both
British American Insurance
Company (Cayman) and
CLICO's Cayman insurance
portfolios.
This week's acquisition of


0




THE BAHAMAS

HUMANE SOCIETY

We had had several envelopes
addressed to our president stolen
from an employee vehicle. If you
have sent anything recently that
requires our attention and or is of
importance please contact us so
that we can address the matter.



LEGAL NOTICE

NOTICE

BASSET LIMITED

N 0 T I C E IS HEREBY GIVEN as follows:
(a) BASSET LIMITED is in voluntary dissolution under
the provisions of Section 137 (4) of the International
Business Companies Act 2000.
(b) The dissolution of the said company commenced on
the 15th December, 2009 when the Articles of
Dissolution were submitted to and registered by the
Registrar General.
(c) The Liquidator of the said company is Credit Suisse
Trust SA, Rue de Lausanne 17 bis, Geneva.
Dated this 18th day of December, A. D. 2009.


Credit Suisse Trust SA
Liquidator


NOTICE
INTERNATIONAL BUSINESS COMPANIES ACT
(No.46 of 2000)
EASTBOURNE TRADING COMPANY LTD
IBC No. 98,033 B
(In Voluntary Liquidation)
NOTICE is hereby given in accordance with Section 138 of the
International Business Companies Act, No. 46 of 2000, EAST-
BOURNE TRADING COMPANY LTD is in Dissolution
Any person having a Claim against the above-named is required
on or before February 13, 2010 to send their name, address and
particulars of the debt or claim to the Liquidator of the Company,
or in default thereof they may be excluded from the benefit of any
distribution made before such claim is approved.
Vassilios Hadjivassiliou, of Nicosia Cyprus, is the Liquidator of
EASTBOURNE TRADING COMPANY LTD.



.* - _-


the latter will give the com-
pany's Cayman subsidiary
economies of scale and mar-
ket presence in a hurry.
Still, Mr Cooper told Tri-
bune Business: "We're not


overly-excited about our
economic prospects for
2010. We'll continue along
the strategic route we've
taken for 2009, maintaining
critical control of expenses


NOTICE


The Chambers of

CEDRIC L. PARKER & CO.

Counsel & Attorneys-at-law
9 Rusty Bethel Drive

Nassau, Bahamas

Will Be
CLOSED
For the holidays

from Thursday, the 24th December, 2009

re-opening on Monday, 4th January, 2010


Signed: K. Miles Parker
Managing Partner




Techician






We are looking for a young, technically
inclined, computer savvy, technician for on
the job training to operate sophisticated
machinery. Excellent opportunity for
advancement.

Apply in writing to
P.O. Box N-1818

Include resume and
educational qualifications


LEGAL NOTICE

NOTICE

ETOILE TREIZE LIMITED

N 0 T I C E IS HEREBY GIVEN as follows:
(a) ETOILE TREIZE LIMITED is in voluntary dissolution
under the provisions of Section 137 (4) of the International
Business Companies Act 2000.
(b) The dissolution of the said company commenced on the
15th December, 2009 when the Articles of Dissolution
were submitted to and registered by the Registrar General.
(c) The Liquidator of the said company is CST Administration
(Bahamas) Limited, The Bahamas Financial Centre,
Shirley & Charlotte Streets, Nassau, Bahamas
Dated this 18th day of December, A. D. 2009.


CST Administration (Bahamas) Limited
Liquidator


LEGAL NOTICE

NOTICE

FIOR DI MELO LIMITED

N 0 T I C E IS HEREBY GIVEN as follows:
(a) FIOR DI MELO LIMITED is in voluntary dissolution
under the provisions of Section 137 (4) of the
International Business Companies Act 2000.
(b) The dissolution of the said company commenced on
the 15th December, 2009 when the Articles of
Dissolution were submitted to and registered by the
Registrar General.
(c) The Liquidator of the said company is CST
Administration (Bahamas) Limited, The Bahamas
Financial Centre, Shirley & Charlotte Streets, Nassau,
Bahamas
Dated this 18th day of December, A. D. 2009.

CST Administration (Bahamas) Limited
Liquidator


and really trying to ride out
the recession.
"We're hoping for posi-
tive signs, or some indica-
tions of a turn late in the
year, but we are not overly-


optimistic about prospects
for 2010. It's going to be a
challenging year for the
economy and business gen-
erally."


NOTICE


The public is hereby notified that the entrance
to the dock owned by Kelly's Lumber Yard
Limited and situated on the Southern Side of
the Harbour of Nassau and to the East of East
Street and the properties formerly know as the
"Clerihew" property and "Eleuthera Limited"
property situated on the North Side of Bay Street
approximately opposite Higgs & Kelly, 348 Bay
Street, will be closed to the public on Saturday
26th and Sunday 27th December, 2009 in order
to preserve the Private Properties Rights and to
prevent the Acquisition by the Public of a Right
of Way.

Dated this 16th Day of December, 2009.

MARY ELIZABETH BETTYY) KENNING,
President
Kelly's Lumber Yard Limited





-S
INTERNATIONAL BUSINESS COMPANIES ACT
(No.46 of 2000)
ALICE VENTURES INTERNATIONAL
LIMITED
Registration No. 105,841B

Pursuant to the provisions of Section 138(8) of
the International Business Companies Act, 2000
notice is hereby given that ALICE VENTURES
INTERNATIONAL LIMITED has been dissolved
and has been struck off the Register of Companies with
effect from the 9th day of December, 2009


Liquidator



LEGAL NOTICE

NOTICE

GLOBAL RADIO SERVICES LIMITED

N 0 T I C E IS HEREBY GIVEN as follows:
(a) GLOBAL RADIO SERVICES LIMITED is in
voluntary dissolution under the provisions of Section
137 (4) of the International Business Companies Act
2000.
(b) The dissolution of the said company commenced on
the 15th December 2009 when the Articles of
Dissolution were submitted to and registered by the
Registrar General.
(c) The Liquidator of the said company is Mr Peter Leppard
of 1 Raffles Link #05-02 Singapore 039393.
Dated this 17th day of December A. D. 2009

Mr Peter Leppard
Liquidator


LEGAL NOTICE

NOTICE

NEVASO LIMITED

N 0 T I C E IS HEREBY GIVEN as follows:
(a) NEVASO LIMITED is in voluntary dissolution under
the provisions of Section 137 (4) of the International
Business Companies Act 2000.
(b) The dissolution of the said company commenced on
the 15th December, 2009 when the Articles of
Dissolution were submitted to and registered by the
Registrar General.
(c) The Liquidator of the said company is CST
Administration (Bahamas) Limited, The Bahamas
Financial Centre, Shirley & Charlotte Streets, Nassau,
Bahamas
Dated this 18th day of December, A. D. 2009.

CST Administration (Bahamas) Limited
Liquidator


ITDISCS TRE NTIS PAG LOG N0TO WW.TIBUE22CO0


T1~7







+


PAGE 10B, FRIDAY, DECEMBER 18, 2009


THE TRIBUNE


FINCO: No dividend after 69% profit fall


IN THE ESTATE OF Ghislain Joseph
Albert Dumas a.k.a. Ghislain Dumas late
of Lac Delage, Quebec in Canada.


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 18th day of January A.D.,
2010, after which date the Executors 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 of
Ghislain Joseph Albert Dumas a.k.a.
Ghislain Dumas are requested to make full
settlement on or before the date hereinbefore
mentioned.



NADIA A. WRIGHT
Attorney for the Executors
Chambers
P.O. Box N-4589
Nassau, Bahamas





NOTICE

BEL BASTI LTD.
In Voluntary Liquidation



Notice is hereby given that in accordance with
Section 138(4) of the International Business
Companies Act. 2000, BEL BASTI LTD. is in
dissolution as of December 15, 2009.



International Liquidator Services Inc. situated at 35A
Regent Street, P.O. Box 1777, Belize City, Belize is
the Liquidator.

LIQUIDATOR


FROM page 1B

October 31, 2009, declined by
68.5 per cent or almost $10
million - dropping from
$14.456 million in 2008 to
$4.562 million.
Non-performing loans,
FINCO said, had increased
by 124 per cent or more than
doubled year-over-year.

Loans
In response to Tribune
Business's inquiries, FINCO
said non-performing loans -
those more than 90 days past
due - now accounted for 8.09
per cent of its total loan port-
folio, compared to 4.09 per
cent in 2008. The former fig-
ure is still in line with the
commercial banking indus-
try's average.
Mr McDonald pointed out
that the net income decline
was almost entirely due to the
increased loan loss provisions
booked by FINCO as credit
quality deteriorated across the
Bahamian commercial bank-
ing system.
Loan loss provisions stood
at $15.1 million at year-end
2009, a 184.9 per cent or
almost $10 million increase
upon the $5.3 million booked
at the end of October 2008.
That almost-$10 million
increase was close to being
equivalent to FINCO's entire
net profit drop.
Tribune Business was told
that FINCO provisions for 40
per cent of all non-performing
loans or 1.3 per cent of its
total portfolio, whichever is
higher.


Yet despite the worsening
indicators, FINCO still
remains soundly capitalised,
its Tier 1 Capital Ratio now at
18.53 per cent, still soundly
above the 14 per cent thresh-
old the Central Bank of the
Bahamas has proposed
increasing Tier 1 Capital to, as
opposed to the 8 per cent
demanded by the Basel
Accord.
And FINCO's Total Capi-
tal Ratio, or Tier 2, currently
stands at 19.78 per cent.
Explaining why FINCO's
Board of Directors had cho-
sen not to declare a 2009
fourth quarter dividend, Mr
McDonald, who is also Royal
Bank's country head for the
Bahamas and the Caribbean,
said: "To put some context
around it, the directors obvi-
ously discussed it long and
hard as, frankly, we did at the
last four quarterly meetings
we had, and paid the dividend
up to the fourth quarter.
"Given the economic reali-
ties of today, we thought it
better that we wait a little to
see some improvement."
Mr McDonald acknowl-
edged that FINCO share-
holders would not be happy
about the decision to suspend
dividend payments, some-
thing they had been accus-
tomed to receiving, especially
at Christmas time.
However, he expressed
hope that the Bahamian
minority, which holds a 25 per
cent stake, would understand
the need to be "prudent" and
that the decision not to pay a
dividend was in theirs and
FINCO's long-term interests.
"This is absolutely unprece-


dented what we are experi-
encing, and is further real
proof that what we are going
through is real and serious,"
Mr McDonald said of FIN-
CO's results, the recession
and the rising bad loans
throughout the Bahamian
commercial banking system.
FINCO's decision to sus-
pend dividend payments still
caught some analysts by sur-
prise, and raised fears about
what might happen to other
listed banking stocks, given
that it was seen as a sector
'bellweather' and largest
mortgage lender in the
Bahamas.
"That's serious," replied
Kenwood Kerr, chief execu-
tive of Providence Advisors,
when told about FINCO's
dividend decision.

Concerns

He added that this was the
first time "as far as I can
remember" when FINCO, as
a publicly-listed Bahamian
company, had not paid a div-
idend, and expressed concerns
given the bank's positioning
as a "bellweather" stock in
the capital markets.
Reiterating that Royal
Bank was "positive" about
the Bahamas' long-term eco-
nomic growth prospects, Mr
McDonald told Tribune Busi-
ness that while FINCO's net
income drop related almost
entirely to its loan loss provi-
sions, there was also "some
slight compression on inter-
est rates".
"So although we grew the
book, spreads were reduced
down a little bit. Interest


income was about the same
as last year," Mr McDonald
told Tribune Business. The
one positive for FINCO was
that mortgage demand
remained relatively robust
among those still employed
and able to meet the qualify-
ing criteria, as its total assets
grew year-over-year by 13.5
per cent from $800.1 million
to $907.9 million.
Asked about FINCO's loan
loss provisioning, Mr McDon-
ald said: "I would have said
a year ago it was too conserv-
ative, way too conservative.
Now, it's merely conservative
and, given where we are, it's
just prudent."
While he had only been in
the Bahamas for eight years,
Mr McDonald said there was
"absolutely no comparison"
with the downturn that fol-
lowed the September 11,
2001, attacks, adding: "This
would be well, well worse
than that" in terms of the
recession's impact on the
economy and the banking sys-
tem.
"We've seen nothing like
this before," he added, point-
ing out that the debt level
being carried by Bahamian
companies and households
was "higher than ever" due
to the large amount of money
lent by this nation's banks
over the last eight to 10 years.
While FINCO was "plan-
ning for more of the same" in
2010, Mr McDonald said that
while economic recovery was
unlikely to be fast, it did not
need to be steep for the
Bahamas to experience "a
major recovery".


SCOLE INVESTMENTS LTD.
(Company number 127,850B)

An International Business Company
(In Voluntary Liquidation)

Pursuant to Section 137(4) of the International Business
Companies Act, 2000 notice is hereby given that the
voluntary winding-up and dissolution of the Company
commenced on the 16th day of December, 2009 and
that Pine Limited of Devonshire House, Queen Street,
P.O. Box N-8176 Nassau, Bahamas has been appointed
Liquidator.


Dated this 16th day of December, 2009

Pine Limited
Liquidator



NOTICE

Beja Management Ltd.
In Voluntary Liquidation



Notice is hereby given that in accordance with
Section 138(4) of the International Business
Companies Act. 2000, Beja Management Ltd. is
in dissolution as of December 14, 2009.



International Liquidator Services Inc. situated at 35A
Regent Street, P.O. Box 1777, Belize City, Belize is
the Liquidator.

LIQUIDATOR


IODSCUSS STOIS ON THIS PAG LO NTSW.RIUE4.O


NOTICE

Cosimo Ltd.
In Voluntary Liquidation



Notice is hereby given that in accordance
with Section 138(4) of the International Business
Companies Act. 2000, Cosimo Ltd. is in dissolution
as of December 10, 2009.



International Liquidator Services Inc. situated at 35A
Regent Street, P.O. Box 1777, Belize City, Belize is
the Liquidator.

LIQUIDATOR


NOTICE

OMISSA LIMITED
In Voluntary Liquidation



Notice is hereby given that in accordance
with Section 138(4) of the International Business
Companies Act. 2000, OMISSA LIMITED is in
dissolution as of December 10, 2009.



International Liquidator Services Inc. situated at
35A Regent Street, P.O. Box 1777, Belize City,
Belize is the Liquidator.

LIQUIDATOR


NOTICE
LUDINO LIMITED
In Voluntary Liquidation



Notice is hereby given that in accordance with
Section 138(4) of the International Business
Companies Act. 2000, LUDINO LIMITED is in
dissolution as of December 10, 2009.



International Liquidator Services Inc. situated at
35A Regent Street, P.O. Box 1777, Belize City,
Belize is the Liquidator.

LIQUIDATOR


NOTICE
BACKER ASSOCIATED S.A.
In Voluntary Liquidation



Notice is hereby given that in accordance
with Section 138(4) of the International Business
Companies Act. 2000, BACKER ASSOCIATED
S.A. is in dissolution as of December 8, 2009.



Thomas Keane of Parodos Kykladon 2,
Germasogeia, 4043 Limassol, Cyprus is the
Liquidator.

LIQUIDATOR


NOTICE
C P ASSETS LIMITED
In Voluntary Liquidation



Notice is hereby given that in accordance with
Section 138(4) of the International Business
Companies Act. 2000, C P ASSETS LIMITED
is in dissolution as of December 15, 2009.



International Liquidator Services Inc. situated at
35A Regent Street, P.O. Box 1777, Belize City,
Belize is the Liquidator.



LIQUIDATOR


NOTICE
TSCHUGGEN LTD.
In Voluntary Liquidation



Notice is hereby given that in accordance
with Section 138(4) of the International Business
Companies Act. 2000, TSCHUGGEN LTD. is in
dissolution as of December 7, 2009.

International Liquidator Services Inc. situated at
35A Regent Street, P.O. Box 1777, Belize City,
Belize is the Liquidator.



LIQUIDATOR


I







+


FRIDAY, DECEMBER 18, 2009, PAGE 11B


Doctors frees '$100k monthly'



through early debt repayment


FROM page 1B

Tribune Business.
"The engineers are currently review-
ing the possibilities, so the exact square
footage is still under discussion.
"Without those details we cannot
develop a budget for the building cost
or the growth potential."
Doctors Hospital is eyeing expan-
sion as a way to generate greater
growth and also enable it to make
inroads into the medical tourism mar-
ket.
To facilitate this, it has embarked


on obtaining international accredita-
tion, which will signal the quality of its
facilities and healthcare standards to
prospective overseas patients and refer-
ral agencies.

Accreditation

"We are pursuing accreditation
through JCAHO (Joint Commission
on the Accreditation of Healthcare
Organizations) through their interna-
tional arm, JCI (Joint Commission
International).
"We have already had a preliminary


Legal Notice


INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)


CHESNEY LIMITED
In Voluntary liquidation

"Notice is hereby given that in accordance with Section 137 (4)
of the International Business Companies Act (No. 45 of .,
CHESNEY LIMITED is in Dissolution".

The date of commencement of dissolution is 14th day of
December, 2009.

Mr. Alexey Tarasov,
of fl. 27, bld. 25/1,
Anadyrskiy pr-d, Moscow, Russia
Liquidator







INTERNATIONAL BUSINESS COMPANIES ACT. 2000
No. 45 of 2000

EL PACIFICO INC.

Notice is hereby given that in accordance with Section
138 (8) of the International Business Companies Act, (No.
45 of 2000), the Dissolution of EL PACIFICO INC.
has been completed, a Certificate of Dissolution has been
issued and the company has therefore been struck off the
Registrar. The date of completion of the dissolution was
26th November, 2009.



- .. . -..J.. b.



LEGAL NOTICE

NOTICE

STAR BLAZE VENTURE LIMITED

N 0 T I C E IS HEREBY GIVEN as follows:
(a) STAR BLAZE VENTURE LIMITED is in voluntary
dissolution under the provisions of Section 137 (4) of
the International Business Companies Act 2000.
(b) The dissolution of the said company commenced on
the 15th December 2009 when the Articles of
Dissolution were submitted to and registered by the
Registrar General.
(c) The Liquidator of the said company is Mr Peter Leppard
of 1 Raffles Link #05-02 Singapore 039393.
Dated this 17th day of December A. D. 2009.


Mr Peter Leppard
Liquidator


k..SeAbtjne7
[Real Ens~wtate

Ro-Lkim ki p low J lmo-Owimm (mmimlr lmoA%'-.,


inspection, which went extremely well
as to our quality standards," Doctors
Hospital said.
"Medical tourism is a significant mar-
ket, and with our proximity to the
United States we could benefit from
both domestic and international med-
ical tourism."
Meanwhile, Doctors Hospital said it
had freed up about $1.2 million in per
annum cash flow through the early
repayment of the $4.123 million in
long-term debt that was on its balance
sheet at the 2010 financial year's start
in January.


Legal Notice


INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

CARNABY PROPERTIES LIMITED
In Voluntary Liquidation

"Notice is hereby given that in accordance with Section 137 (4)
of the International Business Companies Act (No. 45 of 2000),
CARNABY PROPERTIES LIMITED is in Dissolution".

The date of commencement of dissolution is 15th day of
December, 2009.

Epsilon Management Ltd.,
Suite 13, First Floor, Oliaji Trade Centre,
Francis Rachel Street, Victoria, Mahe,
Republic of Seychelles
Liquidator



Legal Notice


INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)


SEAL INVESTMENTS CORP.
In Voluntary liquidation

"Notice is hereby given that in accordance with Section 137 (4)
of the International Business Companies Act (No. 45 of 2000),
SEAL INVESTMENTS CORP. is in Dissolution".

The date of commencement of dissolution is 15th day of
December, 2009.

Epsilon Management Ltd.,
Suite 13, First Floor, Oliaji Trade Centre,
Francis Rachel Street, Victoria, Mahe,
Republic of Seychelles
Liquidator






INTERNATIONAL BUSINESS COMPANIES ACT. 2000
No. 45 of 2000

HALBRICK INVESTMENTS LIMITED

Notice is hereby given that in accordance with Section 138 (8)
of the International Business Companies Act, (No. 45 of 2000),
the Dissolution of HALBRICK INVESTMENTS LIMITED
has been completed, a Certificate of Dissolution has been
issued and the company has therefore been struck off the
Registrar. The date of completion of the dissolution was
27th November, 2009.


Totalsrve Management Limited
TOTALSERVE MANAGEMENT LIMITED



LEGAL NOTICE


NOTICE

BLUE CENTENNIAL LIMITED

N 0 T I C E IS HEREBY GIVEN as follows:
(a) BLUE CENTENNIAL LIMITED is in voluntary
dissolution under the provisions of Section 137 (4) of
the International Business Companies Act 2000.
(b) The dissolution of the said company commenced on
the 15th December 2009 when the Articles of
Dissolution were submitted to and registered by the
Registrar General.
(c) The Liquidator of the said company is Mr Peter Leppard
of 1 Raffles Link #05-02 Singapore 039393.
Dated this 17th day of December A. D. 2009


Mr Peter Leppard
Liquidator


Legal Notice

-S
INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)


LINTOL INTERNATIONAL INC.
In Voluntary liquidation

"Notice is hereby given that in accordance with Section 137 (4)
of the International Business Companies Act (No. 45 of 2000),
LINTOL INTERNATIONAL INC. is in Dissolution".

The date of commencement of dissolution is 24th day of
November, 2009.

Epsilon Management Ltd.
Suite 13, First Floor, Oliaji Trade Centre
Francis Rachel Street, Victoria, Mahe
Republic of Seychelles
Liquidator


Legal Notice


INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)


PROCORD MANAGEMENT LTD.
In Voluntary Liquidation

"Notice is hereby given that in accordance with Section 137 (4)
of the International Business Companies Act (No. 45 of 2000),
PROCORD MANAGEMENT LTD. is in Dissolution".

The date of commencement of dissolution is 15th day of
December, 2009.

Epsilon Management Ltd.,
Suite 13, First Floor, Oliaji Trade Centre,
Francis Rachel Street, Victoria, Mahe,
Republic of Seychelles
Liquidator






INTERNATIONAL BUSINESS COMPANIES ACT. 2000
No. 45 of 2000

CALISTA INC.

Notice is hereby given that in accordance with Section
138 (8) of the International Business Companies Act,
(No. 45 of 2000), the Dissolution of CALISTA INC.
has been completed, a Certificate of Dissolution has been
issued and the company has therefore been struck off the
Registrar. The date of completion of the dissolution was
26th November, 2009.



A - -r.I



LEGAL NOTICE

NOTICE

GREEN BUTTERFLY LIMITED

N 0 T I C E IS HEREBY GIVEN as follows:
(a) GREEN BUTTERFLY LIMITED is in voluntary
dissolution under the provisions of Section 137 (4) of
the International Business Companies Act 2000.
(b) The dissolution of the said company commenced on
the 15th December 2009 when the Articles of
Dissolution were submitted to and registered by the
Registrar General.
(c) The Liquidator of the said company is Mr Peter Leppard
of 1 Raffles Link #05-02 Singapore 039393.
Dated this 17th day of December A. D. 2009.


Mr Peter Leppard
Liquidator


LEGAL NOTICE

NOTICE

KITTIWAKE LIMITED

N O T I C E IS HEREBY GIVEN as follows:
(a) KITTIWAKE LIMITED is in voluntary dissolution
under the provisions of Section 137 (4) of the
International Business Companies Act 2000.


TODSCS SOIE N HS AE O O O W.TIUN22.O


THE TRIBUNE


T1~7


I


(b) The dissolution of the said company commenced on
the 15th December 2009 when the Articles of
Dissolution were submitted to and registered by the
Registrar General.
(c) The Liquidator of the said company is Mr Peter Leppard
of 1 Raffles Link #05-02 Singapore 039393.
Dated this 17th day of December A. D. 2009

Mr Peter Leppard
Liquidator


L







+


PAGE 12B, FRIDAY, DECEMBER 18, 2009


THE TRIBUNE


Store parlays $1/2m


outlay into expansion

FROM page 1B
"We now cater to the whole woman and, at the beginning of
next year, we will have children's items," said Ms Johnson.
"We really have expanded."
Though most of the store's stock is out on display, Ms John-
son said theft has not been a huge issue.
"Theft is not a huge concern. They (customers) have fun and
they return the shoes to the boxes," she said.

Safety
Ms Johnson said the store has put many safety measures in
place to ensure there is also minimal internal theft.
Bani, like may other stores, despite the downed global and
Bahamian economy is expecting a profitable Christmas season.
"Success has pushed us forward, said Ms Johnson.

Legal Notice
NOTICE
KENDILL PEERS
INVESTMENTS LTD.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P 0. Box N-7757 Nassau,
Bahamas.




ARGOSA CORP INC.
(Liquidator)



Legal Notice
NOTICE

VILLADALE VALLEY LTD.
(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P 0. Box N-7757 Nassau,
Bahamas.





ARGOSA CORP INC.
(Liquidator)


Legal Notice
NOTICE
CAFEDAN INVESTMENTS

INC.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P 0. Box N-7757 Nassau,
Bahamas.



ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
WHIPERI HOLDINGS LTD.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. O. Box N-7757 Nassau,


Europe drops antitrust




case against Microsoft


By KEVIN J. O'BRIEN
c.2009 New York Times
News Service
European regulators
dropped their antitrust case
against Microsoft on Wednes-
day after the software maker
agreed to offer consumers a
choice of rival Web browsers.
The settlement averted a sec-
ond costly legal battle for the
company.
The agreement, announced


in Brussels by the European
competition commissioner,
Neelie Kroes, calls for
Microsoft to give Windows
users a choice of up to 11 other
browsers from competing com-
panies, including Mozilla,
Apple and Google.
Users of Microsoft's ubiqui-
tous Windows operating sys-
tem in Europe who have cho-
sen its Internet Explorer as
their default browser will
receive in a software update an


Legal Notice
NOTICE
XILE CORPORATION
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
XILCRESTON INVESTMENT
LTD.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.




ARGOSA CORP. INC.
(Liquidator)



Legal Notice
NOTICE
BAGA VENTURES LTD.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE

WOVEN THREE COMPANY LTD.
(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.





ARGOSA CORP. INC.
(Liquidator)


option to switch to a rival, start-
ing next year. "Millions of
European consumers will ben-
efit from this decision by having
a free choice about which Web
browser they use," Kroes said
in a statement.
Microsoft said in a statement
that it was "pleased" with the
decision. Jesse Verstraete, a
Microsoft spokesman in Brus-
sels, said the company had no
plans to extend the offer
beyond the 27-member Euro-
pean Union, Norway, Iceland
and Liechtenstein. Still, the set-
tlement underlines, according
to legal experts, the increasing-
ly conciliatory posture being
taken by American technology
companies to avoid penalties.
"These companies recog-
nized that the European Com-
mission is playing a significant
role in global antitrust law and
must be taken seriously,"
Susanne Zuehlke, an antitrust
lawyer in Brussels at the U.S.
firm of Latham & Watkins, said


ahead of the announcement.
"Of course, the huge fines
recently have also focused
everyone's attention."
For Microsoft, the settlement
is a stark contrast to its acri-
monious first legal clash with
European officials, which
resulted in fines of 1.68 billion
euros ($2.44 billion) and an
order to change some business
practices.
That case, which lasted near-
ly a decade, ended in October
2007 when Microsoft dropped
its appeal of a commission judg-
ment that it had abused the
dominance of Windows to aid
its media player and server
businesses.
Two months after Microsoft
gave up, Opera, a small Nor-
wegian browser maker, filed its
complaint over browsers, initi-
ating the second case.
Google, which makes the
Chrome browser, and Mozilla,
the maker of Firefox, signed on
as supporters of Opera's case.


NOTICE
NOTICE is hereby given that FRANCIS KANTANKA OF #56
MERMAID BLVD., GOLDEN GATES #2, P.O. BOX SB-51654,
NASSAU, THE 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 11TH day of DECEMBER, 2009 to
the Minister responsible for Nationality and Citizenship, P.O.Box
N-7147, Nassau, The Bahamas.


Legal Notice
NOTICE
OBLINFELLS INVESTMENTS
LTD.

(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.




ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
WHITEWASH PLAINS LTD.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
ANYA HOLDINGS LTD.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 16th day of December 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.





ARGOSA CORP. INC.
(Liquidator)


IODSCUSS STOIS ON THIS PAG LO NTSW.RIUE4.O


Bahamas.





ARGOSA CORP INC.
(Liquidator)


BUSINESS I




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