The Tribune.
Full Citation
Permanent Link: http://ufdc.ufl.edu/UF00084249/02859
 Material Information
Title: The Tribune.
Uniform Title: Tribune. (Nassau, Bahamas).
Alternate Title: Nassau tribune
Physical Description: v. : ill. ; 58 cm.
Language: English
Publisher: Tribune
Publication Date: 4/2/2007
Genre: newspaper   ( sobekcm )
Spatial Coverage: Bahamas
General Note: Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.
 Record Information
Source Institution: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: oclc - 09994850
oclc - 9994850
System ID: UF00084249:02859

Full Text




Volume: 103 No.110




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Sources say parliament

may be dissolved today

Tribune Staff Reporter
IT WAS speculated that parlia-
ment will be dissolved today, lead-
ing to at the earliest an April 27
election or a May 8 date at the
latest, according to well.informed
Some sources ventured to say
that the election will be on May 3.
This is despite the fact that such
a move will kill all Acts of parlia-
ment yet to be passed by the Sen-
ate including the Pensions Act,
the National Heroes Act, and the
Police Service Act.
However, contrary to these
sources' claims, Deputy Leader of
the FNM, Brent Symonette said
he was unaware, and in fact scep-
tical, of such information.
"I highly .doubt it," said Mr
Symonette, pointing to the fact
that the Senate has been called to
meet this Tuesday, and warned
"that you will have to sit through
into night or whatever it takes to
pass the eight bills before them."
Mr Symonette said he doubts
that Mr Christie would dissolve
the House of Assembly if it means
allowing bills such as the National
Heroes Act and the Pensions Act

to "fall away."
Parliamentary rules are that any
bills, no matter how far along the
process of becoming law, still left
unpassed in the Senate before the
House is dissolved "die" upon that
action being taken, essentially
being taken back to "square one"
of the legislative process.
These include the Police Ser-
vice Act, the Defence Force Act,
to introduce a deputy commander
to that force, the National Heroes
Act, to make the second weekend
in October a public holiday and
an amendment to the National
Insurance act, which is necessary
for flie Pensions Act to come into
place, which increases old age pen-
"I doubt Mr Christie can
promise these people their pen-
sions and then use the technicali-
ties of the law not to give it to
them. I think he'd be in political
trouble," said Mr Symonette.
More likely, said Mr Symon-
ette, dissolution of the House will
take place next Tuesday.
Former cabinet minister and
veteran journalist Sir Arthur
Foulkes said by law an election
SEE page 14

Victimisation accusation after Rev
receives letter saying show would
be cancelled until after election
Chief Reporter
THE acting deputy general manager of the Freeport branch of the Broad-
casting Corporation was accused of victimisation after writing a letter to Rev
Frederick McAlpine informing him that his show, "Half-hour of Gospel Pow-
er", would no longer be heard on the air until after the 2007 general elections.
Rev McAlpine later received a call informing him that the first letter had
been "inadvertently" sent out and that he would receive a second letter
rescinding it.
SEE page 14

tackle the blaze on
MIackey Street
(Photo: Felipg Major/
Tribune staff)
Tribune Staff
commended for their
bravery yesterday as they
stepped in to fight tower-
ing flames, which had
engulfed several proper-
ties on Mackey Street.
The blaze is the latest
in a long line of seriously
damaging fires that have
struck the street in only
eight months.
Police have yet to rule
out arson as the cause of
the incident, which got
started shortly after 9am
One resident and three
firefighters were admitted
to hospital to be treated
for burns as a result of the
inferno that reduced an
old wooden structure to
little more than charred
foundations, and burnt
away the roof of a neigh-
bouring shop.
Firefighters manning
nine fire trucks were
called to attend the fire
which affected two lots on
the corner of Mackey and
SEE page 15

Rev CB Moss ch legsP n Almost 50,0er cent
i serinoirs over prominentclrg e men increase in murders

oko^JL/ ALV/-II V L Jf ^ A L J V ^A J' JVAA

Chief Reporter
CASTING doubt on Prime
Minister Perry Christie's asser-
tion that he was told by a number
of prominent clergymen that an
ordained, practising member of
the clergy should not be involved
in politics, Rev CB Moss chal-
lenged the prime minister to
"identify those of whom he
Rev Moss, after being denied a

candidacy for the Bain and
Grant's town constituency by the
PLP, split publicly with the party
in an short but vitriolic back and
forth with the current MP
Bradley Roberts, and now seems
to be addressing some of the
assertions put forth by his former
party leader.
Many of the current PLP can-
didates not only boast of having
close ties to the church, but in
SEE page 14

Survey: 79 per cent of Bahamian
businesses believe there are better
alternatives to NHI scheme
Tribune Business Editor
SOME 79 per cent of Bahamian businesses believe there are better
solutions to this nation's healthcare needs than Government's proposed
National Health Insurance (NHI) scheme, a private sector survey has
A survey conducted by the Segal Company, on behalf of the Nation-
al Coalition for Healthcare Reform, the grouping of private sector and
trade union organizations, found that most employers were eyeing alter-
native solutions to NHI to meet the needs for better healthcare quality,
SEE page 14

compared to same
period last year
Chief Reporter
THERE has been an almost 50
per cent increase in the number of
murders when compared to the same
period last year, however, more than
half, 56 per cent, have been solved,
Police Commissioner Paul Far-
quharson said yesterday appearing
on Gems 105.9 FM's talk show "Tell
it Like It Is", hosted by Sean
The new trend of burning bodies
after a murder has become a great
concern for police, the commission-
er said.
"We see this here and in Grand
Bahama and we see more vicious-
ness in the types of violence that is
perpetrated against our citizens," Mr
Farquharson said.
In addition, Mr Farquharson said
that police are concerned that in the
last five years the Bahamas has had
400 criminal deportees coming from
the United States, who police believe
have become career criminals.
"We also see a very visible crimi-
nal gang called Zoe Pound. This is a
Haitian criminal Bahamian organi-
SEE page 14

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FNM appeal after PLP campaign sign defaced

Chief Report '_
FNM chairman i Desmond
Bannister called for "calm and
level-headednes,'" as Bahami-
ans head into the 2007 general
Mr Bannister':; comments
come after Agrizitture Minis-
ter and Blue Hi:; candidate
Leslie Miller complained on Fri-
day that one of his campaign
signs had been vaih ialised.
The FNM chairir an said that
actions such as thi! should not
be tolerated front the leaders
of any political party in the
"I have seen .1 dlie Miller's
sign and I think ll of us who
are involved in pol tics want to

appeal to our supporters to take
this whole political thing in
stride. We support our parties
fervently. but let's not take any-
thing to anm extrL me.
"We are all Bahamians. we
all have to live together in this
country. we want the best for
our country and I want to
make sure that no supporters
of any party engage in any of
that kind of actix\itI," Mr Ban-
nister said.
The FNM chairman said that
Bahamians should not want to
cultivate for themselves the
kind of atmosphere you find in
other countries like Jamaica
"where brothers and sisters are
destroying valuable property
and hurting each other during

After the defacing of his sign.
Mr Miller called on FNMs and
PLPs to go about the coming
general election with tact and
respect for each other.
The minister said other than
the fact that such acts are illegal,
they are uncalled for.
"I guess it is par for the
course. I guess because of the
emotions that were running last
night, someone passing thought
it was as good a time as any to
smear the poster, so what the
hell! But posters don't vote.
And the people of Blue Hills
know what I have done for
them over the last several years.
So they can deface all the
posters we put up. That will not
affect the outcome of the elec-
tion," he said.

STHE defaced sign of Blue Hills --P Leslie Miller
S THE defaced sign of Blue Hills NIP Leslie Miller

Commissioner: recruitment drive

is needed for fight against crime

Chief Reportei
THE Royal Bahamas Police
Force has to go kin a massive

recruiting drive in order to get
the human resources it needs
to fight the war against crime
in the Bahamas, Police Com-
missioner Paul Farquharson

Bb School Sappi$s

7Ma a


said yesterday. The Commis-
sioner was a guest of Gems
105.9 FM's talk show "Tell it
Like It Is", hosted by Sean
There is no doubt, the com-
missioner said, that the force
needs more policemen.
"The more personnel you can
put on the streets, make sure
they are visible to prevent
crime. I believe very heavily in
prevention, you cannot do that
with fewer persons. I also
believe that technology can help
us when we talk about the Close
Circuit TV which is something I
believe we need to look at very
carefully in the future," Mr Far-
quharson said.
The commissioner said he has
been trying to get it imple-
mented but there are some "ele-
ments in the community who
are cagey about it."
"I think that would be a great
tool. When you look at the big
countries that fight crime. In
London for example the entire
London area is policed by cam-
eras. It is a great tool, and all
the other things I believe as we
move on and the resources
become more and more avail-
able that we can zero in to help

us tackle this problem." he said.
Despite this need for more
manpower on the force. Mr Far-
quharson was adamant that the
RBPF must continually be cre-
ative with what it has to have
smart policing on the streets.
rather than following other
Caribbean countries in bring-
ing in foreign police to help
fight crime.
"I do not buy into I his notion
that we must bring in outsiders
to police this country. We have
the talent, we have the knoNw-
how to do it We have to get on
with the piogiamnmc. think
everybody else got to lock arms
with us and deal with tIns issue
We have been sitting on this
volcano for qui le some lime.
And I share thlis with cileaguesi
every lIon wv Hita ,er th'.
last couph- years \!,d1 we ,saw ,'
coming and we ask what i:,ii v..
do about it
"The systems are really covr-
burdened and unless we fix hec
system there is no 'tick ,ol'i-
tion to the big problem We\
can't put band-aid stuff on it.
We have been doing that for
quite some time, but we have
to address the whole question of
this societal problem in a bigger

ooO0Colina General

Insurance Agency

U PAUL Farquharson

way. but it cost quite a lot of
resources - money unfortu-
nately. And we all have to pay
tor it. ('tlizens have to pay for
Ihis in ord()er o really correct
Ihs \N ,,v i, problem and I
hiope is t (ione in tle not too
l' t 1 l1o e '" h'. said;l
Mr I at..ihairso sid he was
notl ol liotsc opi nio l imi l ,.e is
totally outl of coin ol
I here are sone veiy seci ous
concerns for various categories
to ci ine that are being conm-
mitted, but we have a plan. One
of the elements is to see how
\\e can )prevent further occur-
rences on the streets, especially
serious violent nature of what is
happening in the communities,"
the commissioner said.
To dale. he said, most of the
l'amily Islands are crime free,
but police have seen "one or

two things in Exuma", that con-
cern them.
"We noticed around the
Christmas a couple of crooks
went into John Bull just oppo-
site the casino in Four Seasons
and got away with 15 -20 Rolex
watches, but we have some
strategies in place to bring those
persons to justice; we know who
we ai e looking for; but that is an
example of how the criminals
are transient in The Bahamas.
"They leave Nassau and go
to places like Harbour Island
where there is a hub of eco-
nomic activity and the criminals
coming from Grand Bahama
going to Abaco. Robbing peo-
ple and trying to steal safes and
every other category of serious
crime is starting to show its
head. So we have to plan
accordingly so that we are on
top of the process of protecting
the community. As we move
economically, then our security
and police plans must move
with it, ihe jmo issioner said.
The commissioner said he
hopes and had confidence that
the police. and Bahamian soci-
ety at auge can win the war
against crime.
"We cannot allow this beau-
tiful country to be taken over
by criminals. Everybody must
lock hands to deal with this
problem. I have the confidence
that we have the ability to deal
with it. What kind of Bahamas
do we want to leave behind for
our children our grandchildren
and our great-grands?" he







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In brief

US diplomat
to pay visit
to Eleuthera
this month

THE Chief of the Consular
Section of the Embassy of the
United States of America
in Nassau, Virginia Sher
Ramadan, will be on the island
of Eleuthera in mid-April to
perform consular services for
American citizens.
The Consul General will be
available, by appointment, to
accept applications for US pass-
port first time issuances and
renewals, Consular Reports of
Births Abroad and notarial ser-
vices for US related matters.
Interested persons should
contact the Embassy's Consular
Section as soon as possible for
more information and to sched-
ule an appointment. The Con-
sular Section can be reached via
e-mail at acsn@state.gov or by
phone at (242) 323-7159.

Alcohol sale
ban imposed
for Easter in
EASTER will be dry this
year for beer and whiskey-lov-
ing Venezuelans, according to
Associated Press.
President Hugo Chavez has
taken his country by surprise,
imposing a ban on alcohol sales
during Holy Week that has
prompted a run on liquor stores
by an alarmed public.
Aimed at reducing the spike
in alcohol-linked accidents and
crimes during the holiday peri-
od, Chavez's government has
prohibited the sale of alcoholic
beverages on Holy Thursday,
Good Friday and Easter Sun-
day next week.
A more limited ban restrict-
ing sales to between 10am and
5pm, including at restaurants
and bars went into effect Fri-
day that will last through April
The sudden, unprecedented
,'measure confused many
Venezuelans who raced to stash
up before Friday's cut-off,
thinking that would be their last
chance to buy for more than a
"People are desperate, above
all because the majority found
out at the last minute," said Jose
Manuel Fernandes, a liquor
store owner in Caracas, as he
struggled to meet the demands
of dozens of customers yelling
for bottles and cases of their
preferred drink.
Industry figures show that
Venezuela is among the top
producers and consumers of
beer in Latin America, while
whiskey and rum are also pop-
ular spirits. Despite laws that
prohibit the sale and consump-
tion of alcohol in public areas,
Venezuelans can often be seen
drinking on street corners or
sometimes even driving with a
beer in hand.
Close to a hundred deaths
and thousands of injuries are
registered every year during the
Easter holiday, which authori-
ties attribute principally to alco-
hol consumption. *
Chavez has a tendency to
enforce his views forcefully on
the public enraged by the sight
of children unloading beer
crates in the slums, he ordered
beer trucks off the street last
year and the latest measure
had some suspecting that
Chavez's friendly ties with Iran,
were Islamic law forbids alco-
hol, were responsible this time.
"I got nervous. I thought
Chavez had prohibited the sale
of liquor seeing how he talks
about Cuba, socialism and the
(Iranian) ayatollahs," said 67-
year-old retiree Enrique Salazar
after buying three bottles to last
him through the holiday.
"I don't drive so I'm not a
danger to anybody," Salazar
said. "Instead of prohibiting
(sales), they should throw
drunks who drive in jail."

Police rarely crack down on
public alcohol consumption or
screen drivers for drinking.
Most Venezuelans support
Chavez, an admirer of Cuba's
Fidel Castro who says he is
leading a socialist revolution.
Chavez reassured then that
he had no plans to forbid alco-
hol in Venezuela like in some
Middle Eastern countries.


PLP government is accused

of killing entrepreneurism

for all Bahamians," it claimed.
One of the PLP's own can-
didates Senator Doswell
Coakley has confirmed that
the government has done lit-
tle for the country's "industrial
centre", Grand Bahama, the
statement continued.
Senator Coakley, PLP can-
didate for High Rock, recently
said that residents of Grand
Bahama "are drowning under
the social and economic pres-
sure of an uncaring environ-
ment. ... The costs of electrici-
ty, food and licence fees are
out of control, making Bahami-
an entrepreneurs a dying
"We know the PLP is con-
fused. But, may we remind
them that they are the Gov-
ernment and must accept
responsibility for the 'uncaring

environment' under which
Grand Bahamians are 'drown-
ing'," responded the statement.
The FNM has been "saying
all along" that the Government
has "never provided Grand
Bahama with the attention and
leadership it deserved but rel-
egated citizens of our industri-
al capital to second class citi-
zenship", it stated.
"Now one of their very own
- a candidate no less tells us
that Bahamian entrepreneurs
are a dying breed!" it said.


The statement claims that a
Mayaguanan resident who
recently applied for Crown
land for business purposes was
turned down.

"Can it be only a coincidence
that he is an FNM supporter?
We think not," said the party.
"They refused to make avail-
able to a successful Bahamian
businessman a tiny fraction of
what they handed over to a for-
eign group which alarmingly,
has no track record in the kind
of development they are propos-
ing for Mayaguana," it added.
The statement also described
the fact that Mr Christie has
sought to point out that the gov-
ernment has a 50 per cent stake
in the upcoming Mayaguana
development project as "a
clever evasion."
"The real issue is that no mat-
ter who has equity in the
Mayaguana project, once the
lots are put on the market and
sold, that's it!" it said.
The statement said that Mr

Christie "has yet to learn that
saying it is so doesn't make it
so" when it comes to speaking of
his government's achievements.
He has exhibited "a lack of
vision, poor planning and ama-
teurish negotiations" with
regard to the sale of govern-
ment owned Cable Beach prop-
erties, it said.
"After four years the deal is
in serious danger of falling apart
and Bahamians are paying the
price," it read.
Where previous governments
leased land to foreigners for
developments such as the Cable
Beach Hotel, the Nassau Beach
Hotel, and the Development
Bank, Mr Christie's government
has moved to sell off many of
them "after all these years."
"Even the old UBP had more
foresight than this lot," it said.

Some politicians using religion for own ends, claims Ingraham

Chief Reporter
THERE are some politicians
in the Bahamas who are using
religion as a means to an end, a
"prop to be taken up and put
down as the wind blows", FNM
leader Hubert Ingraham told
those gathered that the FNM
prayer breakfast over the
These same individuals, he
said, seek to defame and deni-
grate others who do not behave
as they do.
Hinting that others on the
side opposite attend church
simply to be seen, Mr Ingra-
ham reminded those gathered
that Jesus warned about those
who do such things.
"He called them hypocrites.
A hypocrite I am not. I do not
put my faith on display for pol-
itics. God knows all and He sees
all. The Heavenly Father knows

* HUBERT Ingraham

my heart and that is all that
matters," the FNM leader said.
The FNM, he said, is bound
together by a resolve and a
determination to make life bet-
ter for all Bahamians regard-
less of where they reside in the
country, their station in life,

the level of their formal edu-
cation and regardless of their
skin colour or ethnicity.
"Ours is a large tent with
room for all Bahamians. The
universality of appeal of our
party and the generosity of
spirit that pervades us, are I
believe, an expression of the
relationship of our member-
ship and of our Leadership,
with the Almighty," the oppo-
sition leader said.
'Addressing the clergy
attending the prayer breakfast,
Mr Ingraham invited them to
join the FNM in addressing the
genuine needs of Bahamians.
"Help us and work with us as
we look to uplift the poor; care
for the orphans; assist the wid-
ows; protect the defenseless;
honour the elderly; comfort the
dying; reward the godly; and
seek to redeem the wicked in
our land," the opposition
leader said.


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Tribune Staff Reporter
THE PLP government "con-
demns Bahamian entrepre-
neurs to the status of slow
death," the FNM said yester-
day in a commentary respond-
ing to Prime Minister Christie's
call for Bahamians not to take
heed of FNM "untruths" about
his government's accomplish-
"What Bahamians lack
today is a government that is
friendly to Bahamian enter-
prise," said the FNM state-
The FNM, by contrast, will
provide an "effective pro-
gramme for the empowerment
of Bahamian entrepreneurs so
that they can help develop
their country and create wealth

. : :. .


THE SUSPICION that partisan politics moti-
vated at least some of the Bush administra-
tion's firings of eight US attorneys sharpened
last week. Former Justice Department aide Kyle
Sampson told the Senate Judiciary Committee
Thursday that "the distinction between political
and performance-related reasons for removing
a US attorney is, in my view, largely artificial."
If senators accept this state of affairs, they
should close down their inquiry into the purge
and accept a new reality: that US attorneys are
not objective enforcers of the laws but part of a
president's political machine 93 Karl Roves
with prosecutorial powers.
But if the committee rejects that, it should
explore further two major disclosures by Samp-
son. One was that, contrary to Attorney General
Alberto Gonzales's past denial of involvement
in the sackings, Gonzales conferred with Samp-
son several times about them. Confirmation of
his falsehood strengthens the case for Gonzales's
The other revelation by Sampson was that
Rove, President Bush's top political adviser,
approached Gonzales about three of the US
attorneys who were canned. One of them was
ultimately replaced by an aide to Rove. The
Senate should move quickly to get Rove to tes-
tify before it under oath, with a transcript -
even if this requires a subpoena.
Yes, all US attorneys serve at the pleasure of
the president, who has a right to set an agenda
for law enforcement.

THE LEVER to oust Robert Mugabe, the
tyrant president of Zimbabwe, is right about
one thing: The United States, Britain, and the
other nations of the developed world will not
remove him from office. His neighbours, espe-
cially regional leader South Africa, need to per-
suade him to initiate a peaceful transfer of pow-
Mugabe, who first came to power in 1980,
has long since dissipated the moral credibility he
earned while leading the struggle against the
white-dominated government in what was then
called Rhodesia. He throttled democracy and
corrupted the economy to protect and enrich
himself and his cohorts in the ZANU-PF party.
Zimbabwe, once the breadbasket of the con-
tinent, is now unable to feed itself, with inflation
and uthemployment out of control and millions
of people forced to seek work in South Africa.
The Movement for Democratic Change, a coali-
tion of opposition groups, protested in Harare,
the capital, this month, only to be attacked by
Mugabe's police.

To explain the unprecedented mid-adminis-
tration firings, Bush officials have asserted the
attorneys were not carrying out the president's
priorities. Yet the evidence shows other-wise.
The US attorney in San Diego, Carol Lam,
was investigating corruption by Republicans
and got her pink slip the day after she notified
the Justice Department that her probe would
include Jerry Lewis, the Republican chairman of
the House Appropriations Committee.
Sampson said Lam fell short by not enforcing
immigration laws aggressively enough. But as
California Senator Dianne Feinstein pointed
out, Lam's handling of immigration cases had
drawn plaudits from Justice and the Border
Patrol. Sampson had to admit that no one from
Justice ever informed Lam of any problem with
her work on immigration.
US Attorney David Iglesias in New Mexico
was so highly regarded by Justice that he was
being considered for a job at headquarters -
until last fall, when Republican elected officials
in his state complained to the Bush adminis-
tration he was not energetic enough in pursuing
vote fraud allegations against Democrats. That
got Iglesias on the hit list.
If it is true that not just Gonzales but Rove -
two close Bush associates were involved in the
firings, that raises questions about the role of the
president himself. If justice has been politicized,
bringing Rove before the committee will clari-
fy just how much.
(c. 2007 The Boston Globe)

.According to the Mail & Guardian in Johan-
nesburg, President Thabo Mbeki of South Africa
persuaded Mugabe not to extend his term as
president from 2008 to 2010. But the official
South African line remains that quiet diploma-
cy is best to encourage all the parties to negoti-
ate a settlement.
This approach was endorsed this week by
other leaders in the region at a meeting of the
Southern African Development Community,
who also urged Western nations to end sanctions
against Zimbabwe. Support from his neighbours
immediately emboldened Mugabe, who said
that Tsvangirai deserved whatever he got. And
yesterday, the central committee of ZANU-PF
endorsed the president for re-election next year.
Mugabe is displaying great political resilience.
Perhaps the African leaders are using kind
words to cloak tough talk in private, but unless
they push Mugabe out, Zimbabwe will descend
further into poverty, sending economic refugees
and unrest throughout the region.
(c. 2007 The Boston Globe)

The Tribune Limited
Being Bound to Swear to The Dogmas of No Master

LEONE. H. D UPUCH, Publisher/Editor 1903-1914

(Hon.) LL.D., D.Litt.

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

Switchboard (News, Circulation and Advertising) 322-1986
Advertising Manager (242) 502-2352
Circulation Department (242) 502-2387
Nassau Fax: (242) 328-2398

A growing scandal at Justice


er investigation of the exact
geological processes at work
in the area, there is no reason
why sand cannot be produced
for all local construction pur-
poses, for local beach replen-
ishment, and for export.
Similar conditions exist in a
number of places, notably the
Turks and Caicos Islands and
off the Mexican Yucatan
Peninsula, so Florida can get
all the sand it wants eventual-
ly. The attraction of the

Bahamas is its proximity, as
the transport of the sand to
the market is its biggest cost.
This is also why unscrupulous
local sand users prefer to steal
it from beaches and dunes,
and happily explain that it is
Blindly refusing to develop
a proven economic resource
on emotional or political
grounds would be just poor
management, not good ecolo-

March 28, 2007.


EDITOR, The Tribune.
I READ with interest an
article regarding the export of
sand in Friday's Nassau
Guardian, and subsequently
the rather poorly informed
rebuttal in that paper's edito-
rial the following day. Given
the geology of the Bahamas
it is fair to say that few people
seem to understand the origin
and abundance of sand in the
Bahamas, and especially its
relationship to the beaches
and its use in the construction
industry. As this is not a new
issue, and has implications in
other areas of development, I
would offer a few observations
on the matter for your read-
ers' consideration.
It is quite true that stealing
sand from the beaches and
dunes, and sand mining in
nearshore waters, is the cause
of much beach erosion. It is
also true that even more
beach erosion is produced by
road construction, sea wall
construction, and the prolif-
eration of coastal structures
that interfere with beach
However, the Bahamas pro-
duces vast quantities of sand
on its banks, so much so that
millions of tonnes are lost over
the drop-offs, and funnel
down deep water channels
(like the Tongue of the Ocean
and the Providence Channels)
to the Atlantic Ocean. One
study on the Little Bahama
Bank showed that six times as
much sand was produced by
green calcareous algae than
was actually needed to sustain
the bank, and the surplus was
regularly swept away. Clearly,
by mining this sort of sand in
the appropriate areas, we
would simply be using sand
that is being disposed of any-
In fact virtually the entire
Bahamas has been built from
sand, and it is produced on a
daily basis from a number of
sources. The main sources are
green calcareous algae, which
when it dies disintegrates into
sand; politic action, which pro-
duces the aragonite sand long
mined, without damaging
effects, at Ocean Island in the
Bimini chain; and skeletal
sands from the remains of
shellfish and the normal ero-
sion of coral reefs.
If sand is taken from the
major sand banks away from
shorelines, and after the prop-



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to 'Straight up

Talk' article

EDITOR, The Tribune.
IN RESPONSE to Zhivargo Laing in "Straight up Talk",
published in The Tribune, March 1, 2007.
Who is this self righteous Zhivargo Laing, who cannot make
up his mind whether he wants to be preacher or politician?
(Zhivargo read Luke 9:62). I see him as a know it all upstart who
has got away with far too much for far too long.
He appears to be a little Tommy Tucker singing for his sup-
per in a concerted effort to ingratiate himself with his arro-
gant dictatorial leader and the purveyors of misinformation at
the propaganda factory The Tribune on Shirley Street.
He dares to cast aspersions on our visionary leader by sug-
gesting that he needs a "reality check." If any politician needs
a reality check in this country there can be none more qualified
than Laing himself and his arrogant, know-it-all leader.
It is the FNM leader and his minions who live in the realm of
fantasy whipping up visions of success far beyond their capac-
ity. He brazenly writes about "desperate minds" when there are
no more desperate minds than Laing, Ingraham and other
FNM desperadoes.
Then, quite vulgarly for a preacher he describes it as "crap"
the things being spread about his leader. When that same leader
operates a crap factory in which Laing has the distinction of
being chief engineer.
Laing shamelessly defends the Bay Street oligarchy, which
world is he living in? Does he really not know that certain
commercial bankers demand more collateral from people of
colour than from those they deem "privileged?"
With tongue-in-check he goes on to chide himself when he
brazenly writes, "People should not make broad statements
about discrimination without providing reasonable proof."
What a nerve!

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0 In brief

Brit freed from
legal process

A BRITISH resident
released from Guantanamo
after nearly five years in cap-
tivity criticised the United
States on Sunday and claimed it
had failed to provide a fair legal
process at the prison camp,
according to Associated Press.
Bisher al-Rawi, a 37-year-old
Iraqi national and British resi-
dent, had been held at the US
military base at Guantanamo
Bay, Cuba, since it opened in
2002, but was reunited with his
family this weekend in England.
"After over four years in
Guantanamo Bay, my night-
mare is finally at an end," al-
Rawi said in his first comments
since his release.
"I also feel great sorrow for
the other nine British residents
who remain prisoners in Guan-
tanamo Bay," he said in a state-
minent released through the law
firm Reprieve, which is repre-
senting him.
British officials have long
refused to represent resident
foreigners held at Guantanamo,
but took up al-Rawi's case after
it was disclosed he had provided
assistance before his detention
to MI5, Britain's domestic spy
AI-Rawi's US lawyer, George
Brent Mickum IV, said last year
that al-Rawi had agreed, dur-
ing one of at least six interviews
with British agents at Guan-
tanamo, to work for the British
security service in exchange for
his release. Nothing came of the
offer, Mickum said.
Mickum declined to comment
on the case Sunday, except to
say that al-Rawi "is delighted
to be back home with his fami-
Foreign Secretary Margaret
Beckett said on Thursday that
al-Rawi's release had been
arranged, but officials and
lawyers have not disclosed pre-
cisely when the detainee was
freed and flown to Britain.
Britain's Foreign Office said
only five foreign nationals resi-
dent in Britain are held at the'
prison camp in Cuba. Al-Rawi
said some detained British res-
idents had gone on hunger
strike to protest their extended
solitary confinement.
"The extreme isolation they
are going through is one of the
most profoundly difficult things
to endure. I know that all too
well," al-Rawi said in his state-
Al-Rawi and another British
resident, Jamil el-Banna, were
alleged to have been associated
with al-Qaida through their con-
nection with the London-based
radical Muslim cleric Abu Qata-
da. Al-Rawi had lived in Britain
since 1985, and el-Banna was
granted refugee status in Britain
in 2000.
"The hopelessness you feel
in Guantanamo can hardly be
described. You are asked the
same questions hundreds of
times," al-Rawi said. "Allega-
tions are made against you that
are laughably untrue, but you
have no chance to prove them
wrong. There is no trial, no fair
legal process."

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Rigby accuses Ingraham of

hypocrisy on land sales

Chief Reporter
PLP chairman Raynard Rig-
by yesterday accused Hubert
Ingraham of sheer hypocrisy
for criticising the government
on the issue of Crown land.
Mr Rigby said that the pub-
lic record will show that the
FNM sold the choicest and
best land to foreigners when
it had been leased previously
under the first PLP adminis-
He said that the parcels of
land on which the former
Ambassador Beach Hotel
(now Breezes), Le Meridian
Royal Bahamian Hotel (now
Sandals), the Four Seasons in
Exuma, Atlantic Beach Hotel
(now Our Lucaya) and Grand
Bahama Beach Hotel (now
Our Lucaya), were sold by
Hubert Ingraham and the

PLP chairman launches latest attack

FNM at "fire sale prices".
"These totalled thousands of
acres and Hubert Ingraham
and the FNM parcelled them
off to foreigners without once
considering whether it was in
the best interests of the future
of the Bahamas and the
Bahamian people," Mr Rigby
Mr Ingraham indicated that
under the current PLP, the
actual investment attracted to
The Bahamas amounts to $2.5
billion and the actual amount
in the ground is $1.0 billion.
Mr Rigby said the truth is
that the amount of foreign
direct investment attracted by
the PLP between May 2002 to
the present totals well in excess

of $20 billion, and some $13,6
billion are at various stages of
development, and about $4 bil-
lion are in the ground.
The PLP chairman said that
the Bahamian economy
expanded by 20 per cent from
$5 billion to $6.2 billion in the
PLP's first term and this fact
supports the expansion of the
The high levels of external
reserves, Mr Rigby said, also
support this, standing at $556
"Mr Ingraham is obviously
confused, he no longer has a
grasp for the facts and he
remains focused on twisting the
truth and distorting the figures
all in an attempt to confuse the

voter," Mr Rigby said.
Mr Rigby said that under the
PLP administration several mul-
timillion dollar foreign compa-
nies were bought by Bahami-
Shell, British American Insur-
ance and Imperial Life are now
owned and controlled by
"This is a true testament of
the faith and confidence that
we place in our people. This is
directly opposite to the position
of the FNM. We need only to
recall the Bahamian groups that
bided for the Cable licence. Mr
Ingraham shamelessly granted
the licence to a foreign compa-
ny," Mr Rigby said.
He accused the former prime

minister and the FNM of "going
around and stealing PLP ideas."
"Mr Ingraham attempted to
suggest that he would provide
access to the beach for Bahami-
ans as part of his land policy.
Well the PLP was doing this for
the past five years. This is clear-
ly a part of the PLP's land poli-
cy and Prime Minister Christie
clearly stated this at our launch
of the 2007 Candidates on Tues-
day evening," the PLP chair-
man said.
Mr Ingraham's promise to
enforce the immigration laws
of the Bahamas, Mr Rigby said,
is also laughable.
"Just remember Dereck
Turner and others. In fact, it
was Hubert Ingraham who told
an investor that if his work per-
mit was not approved within 24
hours, then it was deemed to
be an automatic approval," he

Calvin Lockhart dies from stroke at age

Chief Reporter
WELL known Bahamian
Actor Calvin Lockhart died in
Nassau Thursday from compli-
cations of a stroke. He was 72.

Prime Minister Perry
Christie expressed his condo-
lences on behalf of the country
to the family of Mr Lockhart, a
man who he described as hav-
ing a "deep abiding love" for
the Bahamas and its people.

IOff t EME
* JUNE 17, 1974: At the world premiere of Uptown Saturday
Night-- Governor General Sir Milo Butler, Calvin Lockhart
and Sir Sidney Poitier with Joanna Shimkus and Dame
Marguerite Pindling

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Mr Christie said he was sad-
dened by the news of Mr Lock-
hart's passing.
"I extend condolences to the
entire family of this important
Bahamian personality who
touched the lives of so many
people, not only here in his
homeland, but all around the
world," the prime minister
Mr Lockhart originally stud-
ied to become a civil engineer at
Cooper Union in New York
and was the first black actor to
play leads with the Royal
Shakespeare Company.
The prime minister said that
his acting career reflected great
credit on the Bahamas.
"He believed in the Bahamas
and held a deep and abiding
love for all its people.
"In this regard, Calvin fol-
lowed in the footsteps of
Bahamian trailblazers like
Bert Williams and Sir Sydney
Poitier," the prime minister
Mr Lockhart first caught

moviegoers' attention in the
films Cotton Comes to
Harlem and Halls of Anger
before becoming a steady
fixture in 'blaxploitation'
films in the early-to-mid
He appeared with fellow
Bahamian actor Sir Sidney
Poitier in both "Uptown Satur-
day Night" and "Let's Do it
Again", both directed by Sir


His last mainstream movie
role was in 1990's Predator 2
where he played King Willie.
Mr Christie said whether it
was at the height of his fame or
in later years when he was
more reclusive, Calvin Lock-
hart was a "proud and,'com-
mitted Bahamian."
"He believed in the Bahamas
and held a deep and abiding
love for all its people," the
prime minister said.



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New and veteran poets have their say

Tribune Staff Reporter
in hospital today after becoming the
latest victim in a recent string of drive-by
The young man was shot in his abdomen
shortly after lam Sunday by one or several of
the occupants of a white four-door Mitsubishi
Mirage car on Chesapeake and Kemp Roads,
police confirmed.
He is listed in stable condition, said Assis-

tant Superintendent Walter Evans.
Another twenty-four year old, a resident of
Augusta Street, is in police custody today in
connection with an incident in which gun-
shots were fired in the area of Dumping
Ground Corner.
Police were called to the street shortly
after 3am yesterday, where they found a black
male attempting to flee the area.
Police gave chase, ultimately catching the
individual. A 0.45mm handgun was recov-
ered from him, complete with eight live
rounds of ammunition.

Nautilus bottled water

recalled from market

ALL Nautilus bottled
water has been recalled
from the market, company
president Jason Evans stat-
ed yesterday.
Mr Evans emphasised
however that "there is
nothing wrong with Nau-
tilus Water" and the issue is.
one of the company having
been unable to secure the
government certificate

required to operate their
water plant "due to a
licence issue with our land-
Due to this issue, the
company was asked-by the
Department of Environ-
mental Health Services to
"stop all water products
and do a voluntary recall
of all Nautilus products."
"We must stress that this

is not a quality concern,"
said Mr Evans.
"We expect to have this
license issue resolved in the
next few days and apolo-
gise to all our customers for
the inconvenience," he
Bottles of the company's
water can be returned by
calling the Nautilus plant
at 377-0444 or e-mailing.

* PUBLISHED poet and cultural veteran Obediah Smith sharing one of his poems during the lat-
est session of "Express Yourself," on March 28,2007. The event, held at "Da IslandClub" in the Nas-
sau Beach Hotel, is an open mic forum for poets, musicians and performance artists to share their work.
The next session will take place Wednesday, April 4,2007, at 8 p.m.
(Photo: Eric Rose)




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* POET Robert West reads one of his pieces during the latest
session of "Express Yourself," on March 28,2907.
(Photo: Eric Rose)

Police recover handgun

from fleeing man

A .38MM handgun was
recovered from a man fleeing
the police on Saturday shortly
after lam.
Officers from the mobile
division patrolling near City
Market on Village Road saw a
man emerge from behind the

When he saw the police,
the man started to run, said
Assistant Superintendent Wal-
ter Evans.
The man subsequently
escaped officers.
He, however, dropped his
gun, which is now in police


.; ., _. _)S

i Aeve

U S 0_L /e w id




Man ln hoslotalafte




MONDAY, APRIL 2, 200/, HAU-i 7


Madness of a government

indifferent to statistics

THOSE Bahamians who
have long decried the
appallingly indifferent attitude
of Bahamian governments
toward the dissemination of sta-
tistics to the world will not have
been surprised by the omission
of the country from the world's
most important annual survey
of tourism.
Though shocking, the failure
of the Bahamas to even feature
in a statistical rating that once
again left Barbados with the
undeserved "best in the
Caribbean" distinction, is true
to national form. Bahamian
officials are so insular (or pos-
sibly incompetent) that they
almost consistently fail to pro-
vide statistics which show the
country's place in the world.
As a result, any internation-
al rating that relies upon sov-
ereign governments to compile
timely and reliable data gener-
ally either omits the Bahamas
altogether or presents it in the
most bafflingly unfavourable of
lights. It is generally Barbados
or other regional direct com-
petitors who benefit.
That a survey that measures
the contribution of tourism to.
national economies should fail
to feature one of the most
tourism-reliant countries on
earth is therefore a travesty, but
not a surprise.
At least in this case Obie
Wilchcombe (an unusually good
minister and politician within

FAMILY and friends of the
late George Mackey, former
Chairman of the National Insur-
ance Board, Minister of Nation-
al Insurance and Member of
Parliament for Fox Hill attend-
ed the renaming of the National
Insurance Board's Fox Hill
building in his honour.
"George Mackey was a very
special man. He was 'My
Beloved,' prepared to help me,
you and everybody else," Prime
Minister Perry Christie said dur-
ing the ceremony held at the
Fox Hill building on Thursday,
March 29.
Also present were Governor
General Arthur D Hanna and
his wife, Beryl Hanna; Senator
Dr Bernard J. Nottage, Minister
of Health, National Insurance
and Public Information; Foreign
Affairs Minister Frederick A.
Mitchell, who is also Minister
of Public Service and MP for
Fox Hill; and Mr Philip Davis,
Chairman of the National Insur-
ance Board and MP for Cat
Island, Rum Cay and San Sal-
"Mr. Mackey was not a let-
tered man," Prime Minister
Christie said. "He did not have
the opportunity to go to the
great universities as his contem-
poraries did. He had to leave
Government High School at the
age of 13 or 14 to go to work.
Yet he became a man of letters.
"He became a man who was a
great writer/author. He became
a man who distinguished him-
self by being able to tell a story
through essays and writings. His
mark is indelible and the stories
he told and recorded will be
with us forever."
Prime Minister Christie also
praised Mr Mackey's widow,
Betty, for standing by her hus-
band through good and bad
times, before he died last year.
"I know the love she had for
her husband, the care she gave
him and the honour she had of
being a representative of his
name in the community; she had
the same kind of loyalty, the
same fastidious commitment to
family and the same kind of dig-
nity," the Prime Minister said.
Mr Davis also paid tribute to
Mr. Mackey, saying the former
politician's "contributions to the
National Insurance Board, in
particular, and his dedication
and commitment to the civic
and social fabric of our country,
in general, make him the ideal
candidate for the honour
Mr Mackey was Chairman of
the National Insurance Board
for 10 years from 1977 to 1987
and then as Minister of
National Insurance from 1987
to 1992.
"He steered the organisation
ms lcly Ih1 o ,fli ll) ( 'c Ini iialivc



the local context) seems to have
sat up and taken note. A some-
what wounded reaction by his
ministry suggests that it will give
defensive priority to making
sure the omission will not be
In most cases, the minister
whose portfolio carries respon-
sibility for the omission simply
ignores criticism (which nor-
mally only comes from such
highly ignorable sources as this
column anyway) and blunders
on shamelessly.
Such was the case of the
United Nations Information
and Communication Technolo-
gies (ICT) task force's most
recent world report on broad-
band internet connectivity,
which has The Bahamas trail-
ing Barbados and Jamaica in
terms of market penetration, in
spite of the most obvious evi-
dence to the contrary. This
column's shrill protest of faulty
statistics raised nary an eye-
brow, much less a voice among
Yet the question of internet-
related infrastructural develop-
ment is of the greatest relevance
to a country that tends, as we
do, to rely upon internationally


traded services for its growth.
Disseminating information
relative to the fast growing
broadband infrastructure of the
country should be a matter of
importance to government in
almost every aspect of its gov-

K keeping updated infor-
mation on such
growth would, for instance,. help
government to devise strategies
for sorely needed linkages with
education and healthcare. It
would also present to the world
an impressive picture of the
country's underlying strengths
in financial services and other
IT-reliant industries.
Yet our government is con-
tent to let bad, unreliable or
non-existent statistics keep both
themselves and the world in the
dark about the extent of the
country's IT infrastructural
In the event, it was left to
the leading private sector inter-
net service provider to put right
the inexcusable mix of silence
and misinformation.
Speaking to a local audience
last month, Cable Bahamas'

Christie said George Mackey
was 'a very special man'
years through periods of
transition and internal
"He stayed the course, and
the record will reflect that under
his leadership, the National
Insurance scheme grew into the
trusted, well-respected and
financially viable social security
programme it is today.
"It is, indeed, fitting his name
should be affixed to and asso-
ciated with this building, which
stands majestically in the heart
of his beloved Fox Hill.
"It will forever be a reminder
of his positive role in the growth,

development, and achievements
of both the National Insurance
Board and this community," Mr
Davis said.
Dr Nottage said Mr MackeN
understood the importance of
National Insurance to the ordi-
nary Bahamian on a personal
level and he also appreciated
deeply the role of National
Insurance in national develop-
"Under his guidance, funds
were wisely used to enable the
building of hundreds of homes,
several polyclinics throughout
The Bahamas as well as the
newly-named headquarters, the
Clifford Darling Complex," Dr
Nottage said.
Speaking on behalf of the
family for the honour given her
late father, Phaedra Mackey-
Knowles said: "He would have
been so touched to receive this
honour. He would have simply
said, 'God is good'.
"It is fitting the building bear-
ing his name is situated in this
historic village of Fox Hill, the
village.he.was so proud of and
proud to be a part of.
"It was his mission," Mrs.
Mackey-Knowles added, "to let
the entire Bahamas and the
world know that something
good came and will continue to
come from Fox Hill and so with
the humility he would have
accepted all of the kind remarks
said and this fitting tribute, I do
the same this afternoon."

CEO confirmed what this col-
umn has insisted for some time:
that owing to the broadband
component of its (almost)
nationwide cable network, this
country now has the highest per
capital broadband internet pen-
etration on earth.
In fact, he estimated that
Denmark, the country rated by
the ICT as having the highest
market penetration on earth, is
beaten by the Bahamas by a
whopping 65 per cent!
The ludicrousness of the sce-
nario can hardly be grasped.
Here is a country that spends
millions upon millions of dol-
lars touting its credentials in
international services (which
account for the bulk of its econ-
omy), which constantly
upgrades its technological infra-
structure and boasts about it
(locally, of course), and which
goes so far as to set up a globe-
trotting financial services board
to sell its strengths in the indus-
And yet, the fact that it has
the highest broadband connec-
tivity in the world is noted only
in the business section of one
of the local dailies. Worse still,
the most recent (and therefore
still official) international rat-
ing by a multilateral body has it
listed behind Jamaica, due to
the failure of its officials to
gauge or relay the facts.
One day someone may com-
pile a report on the actual mea-
sure of damage that has been

done to this country's interests
by lousy, self-interested politi-
cians who cannot bother to do a
job even when it is cut out for
them and presented on a plate.

But in all likelihood it will be a
wasted effort, since its findings
will probably just end up in
some back room of a ministry
gathering mould.

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April 10-14, 2007

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Guest Artist: Mrs. Joann C('allenderi Sopranoi
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'Daddyo' Mitchell dies after illness

Chief Reporter
STEPHEN 'Daddyo'
Mitchell, well kndwn political
personality and a stalwart mem-
ber of the local Episcopalian
community, died suddenly a
weak ago after a brief illness.
The former publisher of
Goombay magazine, Bahama-
sair's in-house magazine, was
eulogised at his funeral on Sat-
urday by Carvel Francis.
Mr Mitchell was elected the
People's Warden at St
Matthew's and was appointed
at a time when active participa-
tion was low.
"I would remember when I
returned to active involvement
in the church, Stephen, who
served on every committee of
the church, called me up and
said to me: 'Carvey, I have a
job for you.'
"This was at a time when I

had given up on almost every-
thing that was Church-related.
and so when I quietly returned
to the parish of my Christian
birth, I met up with this friend
of my father and me. He saw
that I joined the renewal pro-
gram, discovery." Mr Francis
Mr Francis said that this 2007
election season will certainly
miss Mr Mitchell.
"His command of the stage,
with wit and a simple smile
will also be missed. My jog
around the corner to his resi-
dence for advice will be
missed; his announcement of
the hymns and singing the
mass, whether it was 10am or
evensong services or Thursday
morning masses, taking up the
collection and his blessing of
that offering, reminiscent of
Archbishop Gomez, that too
will be missed," Mr Francis

Prominent episcopalian remembered

* SCENES from the life of Stephen 'Daddyo' Mitchell, a political personality and Episcopalian stalwart

* JOHN Rood poses with air traffic personnel at Lynden Pindling Airport

Ambassador John Rood

offers thanks and farewell

to air traffic personnel

UNITED States Ambassador
John Rood has offered thanks
and a farewell to the air traffic
controllers and other staff for
the work they perform.
A pilot himself, the ambas-
sador said he appreciates their
demanding job responsibilities
during a recent tour of the Con-
trol Tower at the Lynden Pin-
He said it was great to be able
to meet the skilled personnel

with whom he often communi-,
cates when flying in and out of
the airport. Mr Rood took a par-
ticular interest in the radars and
other systems used to guide
planes in safely.
He also emphasised the good
partnership between the
Bahamas and the US Federal
Aviation Administration, noting
that he hoped the Bahamas
could work with the FAA on the
management of its airspace once

the Bahamas established its own
Flight Information Region.
Following the tour the staff
met the ambassador in the VIP
Lounge for refreshments and got
the chance to chat with him one-
The tour was led by Joseph
Albury, director of air traffic ser-
vices. Mr Rood leaves the
Bahamas in April after a two-
and-a-half-year stint as US
Ambassador to the country.

. A MAN holds palm leaves in the shape of a cross as Christian pilgrims leave a Palm Sunday
mass at San Rosendo Cathedral in Pinar del Rio, Cuba on Sunday. Palm Sunday commemorates
Jesus Christ's triumphant entry into Jerusalem, and is the start of the church's Holy Week.
(Photo: AP/Javier Galeano)

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campaign 'a


The T
media B,
ing camp
and has b
It is est
ed 3.3 m
surfers ai
positive c
are satisf
In particu
the islan
cific islan
Since t
tion a sig
tional Ba
mation t
mation li
than twice
while the
itors to
44 per ce
record n
tors to t
The c
as opp(
of a muc
the stores
tines ha
tour and
the cam
print and
to encou
their ph
was a pra
day Life"
March 11
about Bal
ried out
The disc
per cent
Also d
about Ba
exclude s
with con


portion of the multi-
amavention market-
ign comes to a close
to plan on April 2
en proclaimed a great
y the Ministry of
nated to have attract-
lion unique internet
I received 95 per cent
moments in online dis-
* of Tourism officials
-d that the campaign
s intended objectives.
tr, it was successful in
g the multiplicity of
s of The Bahamas,
visitors to tailor their
packages around spe-
getaways and expe-
e campaign's incep-
ficant boost to tradi-
amas vacation infor-
ffic was noted. Call
the Bahamas' infor-
e were up by more
the volume over the
od the year before,
umber of unique vis-
hamas.com grew by
during the campaign
n addition to the
fibers of unique visi-
specially launched
ntion.com website.
mpaign asked the
f "why" a potential
should go on vacation
*ed to the usual
and the notion of a
vention" a word
) capture the essence
needed escape from
-s of everyday rou-
become a part of the
. of some US-based
avel trade operators.
Ad at the end of 2006,
iign used television,
nternet components
>ge overworked and
individuals to renew
ical and emotional
y taking a Bahamas
o intervene in their
s say the campaign
tical extension of the
"Escape from Every-
ovember 20, 2006 to
2007, 531 discussions
imavention were car-
n internet websites.
ssions were divided
message boards (57
and blogs (43 per-
ing the course of the
, 1,259 discussions
amas travel occurred
'hese discussions
nple mentions of the
Instead, they deal
umers actively dis-
vacations in the
n the context of past,


- ministry



ou of witrit

;.-- .*. . ... -a

* HOLIDAYS of relaxation in the Bahamas are being
advertised with the Bahamavention campaign

present and future trips.
The online activity resulted
in increased interest in Bahamas
vacations as well. In the last
three months of the campaign,
6,990 "Bahamavention fulfill-
ment kits" were distributed to
potential travelers who request-
ed additional information on
Bahamas vacations. This is
more than 13 times greater than
the 533 Island Guides requested
during a four-month period
(December 1, 2005 March 31,
2006) when the Bahamavention
campaign was not yet in effect.
In addition, Bahamavention
videos were posted to five of
the top online video sharing
communities. The postings on
YouTube, AOL Uncut, Google,
Yahoo and Meta Caf6 were
widely popular. They received
a total of 13,018 viewings, and
will continue to be viewed as
long as they remain online.
Bahamavention's television
component also experienced
wide recognition. A month
after the launch of Bahamaven-
tion, three of the four initial
television ads had made it to
the "Top 20" list of commer-
cials rated by Ad Critic the
reputable online magazine for
advertising professionals.
For the first time in Bahamas


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prominently featured in the
television component of the
campaign in speaking parts,
with a warm and welcoming
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PAG 10 O!Y PI ,20 H RBN


(The writer is a business.
consultant and former
Caribbean diplomat).

T HE development
ministers of the
world's most economically
powerful nations the G8 -


met in Berlin this month to
consi(det aid to developing
count riteIis.
The coIfcrnclc underlined
two things: tirst, aid is not a
response to need: it is a tool
lotr iachie Lin the objecti\es (of
the dono;n and second. there is
a rivalry evolving between the
G8 countries and new donor
countries such as China and
India using aid as a tool.


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ical to its interest, or simply
because the country or region
concerned no longer held
any strategic interest to the
There was and is -
nothing altruistic about aid
from G8 countries except in
the most dire of circumstances
such as the Asian Tsunami.
And, even then it is the people
of these countries rather
than their governments -
who have responded magnifi-
cently to alleviate human suf-
' fering.
Years ago, at the United
NatiOns, the industrialised


insWORLD V ht

This second point is under-
scored by a report in the Lon-
don Financial Times that the
G8 countries are concerned
that their efforts to link some
aid to performance-based cri-
teria "could be undermined
by emerging economies".
The G8 countries are
Britain, Canada, France, Ger-
many, Italy, Japan, Russia and
the United States.
By "performance-based cri-
teria" they mean those condi-
tions that they have imposed
for decades on developing

of developing countries to
goods and services from the
industrialized world; privati-
zation of State-owned compa-
nies; deregulation; low foreign
debt and taxes.
For decades each of these
countries has used aid to influ-
ence or coerce developing
countries into adopting posi-
tions that suited the donor.
Aid was also withdrawn or
reduced either to punish
developing countries for pur-
suing policies that a door
country considered to be inim-

* SIR Ronald Sanders

nations promised to allocate
0.7 per cent of their gross
national income to aid; none
of the G8 countries have yet
done so. Only the Scandina-
vian countries have been out-
standing in trying to meet
their commitment.
Then, in Scotland in 2005,
the G8 heads of government
made a commitment of US$50
billion in development aid.
Almost two years later, they
are far from fulfilling their
Now, at the-Berlin meeting
the development ministers
have declared that their gov-
ernments must "keep their
pledges to increase official
development assistance",
including "doubling their
funding for Africa by
Not many people or organ-
isations are holding their
breath in the expectation that
these pledges will be met.
Tellingly, the G8 develop-
ment ministers invited China,
India, Brazil, South Africa and
Mexico to their meeting as the
"next generation of potential-
ly large donor countries".
It is clear that the G8
expects these countries as well
as the oil-rich Middle Eastern
States to relieve them of some
of the responsibilities of pro-
viding aid.
Increasingly then, moral


obligations for providing aid
- such as the exploitation of
countries and their peoples -
are being shunted aside by the
rich nations.
They want what they regard
as the burden of aid to be
shared with other countries.
But, they also want to influ-
ence the purposes for which
aid is given and the amount
of latitude that such aid gives
to the recipient countries to
resist the conditions imposed
by the G8 and the organisa-
tions they control such as the
IMF and World Bank.
According to a London
Financial Time report G8 min-
isters said "a global partner-
ship with emerging economies
was needed when setting
benchmarks for potential
recipients per cent.
The real message direct-
ed at China and India both of
which have made substantial
investments in Africa recently.
- was simple: do not under-
mine G8 efforts to constrain
and direct the policy options
to developing countries by
giving them help that reduces
their dependence on the
Of course, China and India
will be no more altruistic in
delivering aid and investment
in developing countries than
the G8 have been. They, too,
are seeking to influence deci-
sion-making and to oversee
the establishment of condi-
tions that best suit their pur-
But, if they do not join the
G8 agenda, their independent
participation in the aid-giving
process will reduce the
reliance of developing coun-
tries on the G8 countries and
their institutions, and might
broaden the scope for some.
policies that command
national consensus to be

Responses to:

Mr. H. Ricardo

PLP Candidal

St. Anne



On your recent nominati

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sure that the character tra

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From the Manai





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countries bilaterally and
through organizations such as
the World Bank and the Inter-
national Monetary Fund
I should acknowledge that
Russia is a newcomer to the
collective approach to setting
conditions for aid. Nonethe-
less, Russia too has used aid
bilaterally to bolster Russian
interests (and before Russia,
the interests of the former
Soviet Union).
In any event, the G8 link
their aid to developing coun-
tries to the following condi-
tions: opening up the markets

"The G8 link their aid to
developing countries to the
following conditions: opening
up the markets of developing
countries to goods and services
from the industrialised world;,
privatization of State-owned
companies; deregulation; low
foreign debt and taxes."


4 .- --. - .. iiiii i'j .m i~i'iin 7"-. -- .. RUiii-)^. .Typiri"Wi ow^CT *^llFJ*|l.Ty *'^^llfJ.l*lll~rl~^*ll. wl ^ llll^^^ l ^l^~

PAGE 10, MONDAY, APRIL 2, 2007


[i ado

MONDAY, APRIL 2, 2007, PAGE 11


Dear Valued Customers:

The Management of Nautilus wishes to inform
you that there will be a temporary suspension of
its operations while its landlord attempts to
resolve licensing issues with the licensing

We sincerely apologize to you our most valued
customers, for any inconvenience caused. We
assure you that the suspension of our business
activities has no reflection whatsoever on the
quality of our internationally certified water
products; nor the integrity of our brand, and
that we shall endeavor to continue to employ
the 100 plus Bahamians that make up the
Nautilus family.

We, The Management of Nautilus are doing
everything within our powers to assist our
Landlord in acquiring the requisite licensing for
their premises which we occupy.

As soon as the present situation is rectified, we
will begin releasing photos and video footage to
the public of our world-class, state-of-the-art
manufacturing plant, including our unique PET
bottles and blow molding system, and exclusive
Himalayan Crystal Mineral Injection System.

The Management Of Nautilus




- < '



PAGE 12. MONDAY. APRIL 2, 2007.

Coastline restoration programme

pilot planned on Grand Bahama

Tribune Freeport Reporter

FREEPORT A pilot pro-
jpct tor coastline restoration of
the southern beaches and shore-
lines on Grand Bahama will be
undertaken by Ministry of
I'ourisin during Coastal Aware-
ness Month in April.
The restoration project will
begin in East Grand Bahama
at Gold Rock Beach, and will
involve the removal of invasive
plant species, such as the
'asuarinas/Australian pine
I rees.
Andre Cartwright, officer of
sustainable development at the
Ministry of Tourism, said that
invasive plant species is one of

five major environmental
threats that the ministry is very
concerned about.
He said that the casuarinas
trees have degraded the beach-
es on the southern coastline in
recent times, and efforts are
being made to remove and
replace them with native dune-
building shore plants.
Mary Bodie, project co-ordi-
nator, said efforts will be made
to restore the beaches to their
natural beauty by replanting
native plants such as spider lily,
bay lavender, bay cedar, and
sea oat grass, which all work
well in stabilising sand dunes.
She said on April 19 and
April 24 they will be removing
all the dead, uprooted casuari-

nas trees at Gold Rock Beach,
and beginning to plant native
vegetation on April 28.
"The total eradication of the
casuarinas is a real difficult job
because they proliferate so
quickly, because its seeds are
airborne and can float."
Mrs Bodie said that casuari-
nas are not native to Grand
Bahama. "Although it is also
called Australian pine it is not
really a true pine and is consid-
ered to be hardwood. It does
more harm than good on our
coastline," he said.
She said that the trees were
initially planted in New Provi-
dence and the seeds were air-
borne and made their way to
the Grand Bahama coastline.

Emmanuel Shields, an indus-
trial arts teacher of 13 years.
said that the Casuarinas wood
can be used for many useful
projects. such as wood carving.
"There is potential for creat-
ing marketable products, such
as bedside lamps, decorate e
buttons. and !i ch h;e ll bals. :"ild
persons skilled in carving could
fashion the v C)d into tilanii
gos and a number of thin's "
he said.
Mr Shields, a teacher at the
Eight Mile Rock High, said this
project could provide students
with the opportunity to learn
additional skills of wood carv-
"The students at Eight Mile
Rock are morc exposed to car-

pentry, but they are not taught
other aspects of woodwork,
such as fashionable wood carv-
ing that could be beneficial. The
possibility exists for some
wealth to be created from the
usage of the casuarinas trees,"
lie said.
MIr Cartwright said that they
also hope to continue coastal
i cstoration at Williams Town
Beach and at the Eight Mile
Rock coast.
coastall Awareness Month -
now in its third year is a
national initiative of the
Bahamas Ministry of Tourism.
The ministry will continue its
focus on five threats: climate
change, habitat destruction.
invasive species, pollution and

Mr Cartwright said beaches
are the number one reason why
visitors come to the Bahamas.
Various activities have
planned during coastal aware-
ness month, designed to sensi-
tise the public about the impor-
tance of keeping coastline and
environment clean.
He is appealing to persons
with large trucks and tractors
who are interested in assisting in
beach restoration to contact the
Ministry of Tourism.
Herbert Marshall, an official
at the Ministry of Education,
said that the schools will take
part in Coast Awareness Month
by participating in competitions

Bradley Roberts makes farewell speech in House


BRADLEY Roberts bid
farewell to the House of Assem-

bly on Wednesday after 25 con-
secutive years of service as a
member of parliament for the

In his final remarks, Mr
Roberts hoped that his years of
service set some standard that
could be emulated by others
seeking to be parliamentarians.
"It is my hope that in my 25
years as a member of parlia-
ment, that I have set a standard
of consistency and caring for
the wonderful constituents that
I have served. I also hope that
sitting or potential members of
parliament, for the constituen-
cies of The Bahamas, will emu-
late the same," he said.
The past five years were, Mr
Roberts said, the most "hectic
of his entire adult life", and he
presented the House with a list
of achievements he was most
proud of.
,Some of these include: the
Professional Engineers Bill; a
$15,000 per year scarcity
allowance for all engineers and
architects in the ministry of
works; and the launch of a new
tracking system in the Buildings
Control Division last Septem-
ber that allows the public to
remotely track the status of
their building permits.
Mr Roberts also took a part-

Rt. Ion. Prime Minister
PIciy G. Christie


WHEREAS, the coastal zone comprises the sea, the beach, and the land
behind the beach and is crucial to the economic and social well-being of our people;

AND WHEREAS, the international community took measures, beginning in 1986, to bring
attention to, and mobilize resources for the protection and management of the marine and
coastal areas of water Caribbean region;

AND WHEREAS, The Bahamas government signed the convention on Biological Diversity in
June 1992 and, recognizing the importance of the marine biodiversity, the second conference of
the parties on the convention highlighted the need to develop mechanisms for the sustainable
use of coastal and marine biological diversity;

AND WHEREAS, member states of the United nations brought into force the Ramsar
convention, which provides for the protection of wetlands, including shallow coastal and marine

AND WHEREAS, the Government of The Bahamas signed the Ramsar Convention in June, 1997;

AND WHEREAS, The Bahamas recognizes the importance of our coastal zones to the
sustainability of our most vital industry, tourism, and the socio-economic development of
our people, and that natural disasters, climate change and human activity will impact them;

AND WHEREAS, The Bahamas is obligated to educate all stakeholders to the value of these
resources, enact the appropriate legislation and mobilize the necessary resources
to ensure the protection of our coastal zones for future generations of Bahamians;

AND WHEREAS, The Ministry of Tourism, in collaboration with other partners in the public
and private sectors, wishes to set aside the month of April to engage in activities to heighten the
:an aeness of the importance of our coastal zones;

NOW THEREFORE, I, Perry G. Christie. Piline Minister of the Commonwealth of The
Bahamas proclaim the month beginning Sunday, April 1 to Monday, April 30 2007 as

I have hereunto set my Hand
and Seal this 22nd day of March 2007.
Perry G. Christie

ing shot at his longtime adver-
sary, current FNM leader
Hubert Ingraham.
"It is, however, my fervent
hope that imy pronouncement
to honour my decision of retir-
ing as a member of the House
of Assembly would also set a
guideline for others to follow,
especially when they make a
voluntary pronouncement
based on a voluntary decision
to not seek a specific public
office again and became the
recipient of a most generous
retirement package," he said.


Despite h;:, critic ,m of Mr
Ingraham, Mr Roberts too once
made a promise to retire that
was not maintained. He had
stated, at the beginning of his
current term, that lie would only
serve two and a half years and
then retire. However, accord-
ing to Mr Roberts, the PM
asked him to stay on. This deci-
sion has led to significant con-
troversy, as Rev CB Moss
claims he was made a deal to
receive the party's nomination
for the constituency when Mr
Roberts left. This did not occur
and Rev Moss is now running as
an Independent.
Mr Roberts was first elected
as the MP for Gi ant's Town inf
1982 following the death of the
then rcprcsci:ntitiv. ;ShLildiick
Morris. This political success
came after two consecutive loss-

0 BRADLEY Roberts

es, firstly to the late Sir Roland
Symonette in 1977 and then to
Pierre Dupuch, earlier in 1982.
During the PLP opposition
years, especially the period from
1997, Mr Roberts was know as
"the opposition", as he took the
tight to the then Prime Minister,
Hubert Ingraham. His aggres-
sive style, in comparison to Mr
Christie's more laid back and
more disorganised manner in
ihc minds of some, were critical
in bringing down the FNM gov-
1 rnmnlelt.
Rape allegations against Mr
Ruberts in the latter part of

2004, that were later withdrawn,
marred his public image lead-
ing many to call for his resig-
nation. Mr Roberts always
denied the allegations stating in
December 2004 that, "the story
is untrue" and that he was
offended by the "absurdity of
the allegation." Ddspite the
media storm surrounding the
explosive accusation, Prime
Minister Christie did not
demand his resignation an
indication to some of how
essential Mr Roberts is as an
adviser and protector to Mr

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must e called a minimum of 21
days pr a maximum of 30 days
after he House of Assembly has
been dissolved.
TPis count does not include
Sundpys or public holidays.
Sir Arthur, who also said he
was skeptical that today will see
the House's dissolution, howev-
er adding that if it does happen
today he believes Mr Christie
will want to set the election date
for tle earliest time possible.
"Ilbelieve that if he dissolves
tomorrow (Monday) that will be
an irtdication that he wants to
get itt behind them as quickly as
possible. There's no point in dis-
solving the House tomorrow in
the beginning of holy week and
going for 30 days."
FIM leader Hubert Ingra-
ham, who confirmed that his par-
ty w4s ready for an election at
any t"me, said it was important
for th parliamentary registrar
to bsgqady. For example, he
said, voters had to be in their
correct constituencies, bound-
aries and polling divisions had
to be checked, new voters cards
had to be written up and issued.
The registrar had to ensure that
everyone was where they were
supposed to be on election day.
And this should be done before
the House is dissolved. He
knows that as of today the regis-
ter is not ready for an election.
Mr Ingraham said that when

the FNM was in office the public
was given notice of the last day
on which they could register and
still vote. If the House is dis-
solved today that would be
impossible. He believed notice
of the last day of registration
should be given before the
House is dissolved.
"From our point of view," he
said, "we do not want a repeat of
the 1987 election, which was
chaos. We want the prime min-
ister to be mindful of the need to
have all the essentials in place
to conduct a fair and democratic
election before dissolution."
In 1987 called "'an election
of confusion" there was no
certainty about the register.
There was a shortage of ballots,
voters who had registered were
not on the register, and people
were transferring out of their
constituencies and into new con-
stituencies up to and including
election day. The Nassau
Guardian was still printing the
election register after the polls
closed at 6pm on election day.
Mr Ingraham recalls having to
fly from Abaco on election day
to collect ballots that were miss-
ing from his polling divisions.
"Finally," said Mr Ingraham,
"it is not appropriate for disso-
lution to take place in Holy
Week, especially by a prime min-
ister who claims to be so reli-

r Zion 2 Metfhodist Ministries
Established: February 13, 2005
South Beach Shopping Centre, East Street South
P.O. Box SB-51628 Nassau, Bahamas
Phone/Fax: 242-392-4100
Email: zionmethodistministries@ hotmail.com
Holy Week/Easter Services
March 28th-April 1st, 2007

Wednesday 7:30pm Worship Service
Thursday 7:30pm Holy Communion
Friday l:00am Good Friday Service
Sunday 11:00am Easter Service with
Special Music by the
Sanctuary Choir

Rev. Charles Lewis

The public is invited to worship with us
in these services.

The Sanctuary Choir will hold a Take-Away
Luncheon on Good Friday at the entrance to the shopping
centre from 1:00pm 4:00pm. Donation $7.00

Putter Jsiuntral Pnnves

& (1remnatorium
Tel: 393-2822, York & Ernest Sts.
P.O. Box N-712, Nassau, Bahamas

_Mr. Samuel
Vernal Whyms, 70

of Blue Hill Estates
SNo.7 and formerly of
Behring Point, Andros
will be held on
Tuesday, April 3rd,
S2007 at 10:00 a.m. at
3' ^ St. Cecilia's Catholic
_" Church, 3rd and 4th
Streets, Coconut Grove. Officiating will be
Monsignor. Simeon Roberts. Interment will
follow in the Catholic Cemetery, Infant View

He is survived by his Wife: Evalyn (nee Curry)
Whyms; Six (6) Sons: John, Samuel Jr., Neil,
Shannon and Ambrose Whyms and Ramon
Whyms of Miami, Florida; Adopted Son:
Terrence "Deek" Miller; Three (3)
Daughters: Sandra Whyms-Grant, Mae
Ferguson and Judymae Whyms; One (1) Son-
in-law: Warren Grant; Four (4) Daughters-
in-law: Beulah, Ismae, Cassandra and Lisa
Whyms; Three (3) Brothers: Joseph and
Henry Wemyss and Raphael Whyms
(Superintendent of Customs);
Four (4) Sisters: Maria Smith, Mildred
Butler, Roselda Sawyer and Theresa Wemyss-
Burrows; Six (6) Brothers-in-law: Hildred
Smith, Andrew Burrows, Tyrone Sawyer,
Rubin, Arthur and Elijah Curry; Four (4)
Sisters-in-law: Judy, Elrena and Patrice
Whyms and Myrtle Curry; Six (6) Grandsons;
Nine (9) Granddaughters; One (1) Great-
grandson; numerous nieces and nephews,
grand nieces, grand nephews and a host
of other relatives and friends too numerous
to mention

Arrangements are being conducted by
Butlers' Funeral Homes & Crematorium.

FrM page one Election

PO. Bo

Rev CB Moss

FROM page one

their profiles highlight the point that they are, in
some cases, deacons or ministers within their
respective denominations.
MICAL MP V Alfred Gray, in his biogra-
phy, highlights the fact that he is a deacon at the
Annex Baptist Church in Nassau.
Speaker of the House and South Eleuthera
MP Oswald Ingraham is an Elder and preacher
at Ebenezer Gospel Chapel, Tarpum Bay and is
president and former chairman of the Eleuthera
branch of Gideons International.
Mr Ingraham is also the former chairman of
the United Missions Department of the Assem-
blies of Brethren in The Bahamas.
Yamacraw MP and Social Services Minister
Melanie Griffin, is a founding member of
Judaea Baptist Church where she is a licensed
minister, serving in several capacities.
Deputy Prime Minister Cynthia Pratt, closest
to the prime minister in rank, is an ordained
minister as well.
Rev Moss questioned when Mr Christie and
the PLP embraced the view that he as an
ordained minister, who in fact was nominated
under Mr Christie's leadership for the Bain
Town Constituency in the 2002 elections, should
not be in politics.
"Following the 2002 election I again, and an
ordained minister, was appointed to the senate
by Mr Christie.
"What then is the difference between serving
in the Senate and the House of Assembly?"
Rqv Moss asked.
While he maintained that he did not think
there was a discrepancy in having a "man of
God" involved in politics, Bradley Roberts has
made public a letter sent to Ruby Ann Darling
in 1986 in which Rev Moss asked Mrs Darling to
withdraw from hosting the Baptist Hour radio
programme following her nomination by the
PLP to stand in the 1987 general elections.
However, Rev Moss maintains that at the
time he believed that those in frontline politics
supported by "the fervent prayers of the church"
would succeed in providing the "strong, moral,
ethical leadership that would advance the
Bahamian people."
In present day Bahamian society, however,
Rev Moss said he did not know how this would
be possible without "men and women of God"
serving in politics.

FROM page one

Rev McAlpine has been a vocal supporter of
the FNM, giving speeches at a number of rallies
and party meetings. On returning to Freeport
from the FNM's one-night convention in Nassau
on Thursday to introduce its candidates in the
general election, Rev McAlpine received the let-
ter, dated March 28, in which he was informed
from the BCB that his religious programme, "Half
Hour of Gospel Power" aired Sundays on ZNS,
would be suspended until after the general elec-
The letter was signed by the corporation's
director in Freeport Elvis Hepburn, who has
since sent a second letter dated March 30, with-
drawing the first.
When The Tribune spoke to Rev McAlpine
yesterday he said he had no doubt that the deci-
sion to remove him from the air was political.
Rev McAlpine said Mr Hepburn called him
on March 28th and said that he had overheard
that the pastor was the island co-ordinator for
the FNM.
"I said to him emphatically that I was not, but
I was a part of the party and I would like to see
the party win and that's my right as a Bahamian.
He said okay," Rev McAlpine said.

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FROM page one
financing and access.
The survey, which covered 82 Bahamian
employers, drew suggestions such as making
it mandatory for companies to provide group
health insurance plans for all their employees;
reforming and enhancing the current system;
privatization of the Bahamian healthcare sys-
tem, with a back-up voucher system that
would allow citizens and legal residents to
choose their healthcare providers; an NHI
scheme that was limited to just providing cat-
astrophic coverage (something the former
FNM administration was looking at); and a
mandatory NHI scheme that was adminis-
tered by the private sector, not the National
Insurance Board (NIB).
Winston Rolle, the former Chamber of
Commerce president now acting as a Coali-
tion representative, said in a statement: "This
response shows a genuine desire by the pri-
vate sector to address the nation's health care
needs but considerable concern about having
a mandatory NHI scheme administered
through the National Insurance Board."
The survey by'the Segal Company, a glob-

FROM page one
zation. We see some Bahamians organized in it
very heavily in Grand Bahama and, of course,
here and in some cases in Abaco that is of great
concern for us.
"Through our international partnership with
our colleagues overseas, we have got the history
of some of these chaps but they are continually
planning and wreaking havoc in the community,"
Mr Farquharson said.
Most of these murders, he said, occurred on a
Sunday between 4 pm and midnight in the south-
ern and the Grove area.
Thus far the police have determined that the
most popular motives have been: Domestic; con-
flict and revenge ; drugs; and robbery; with
another eight being unknown, or still being inves-
"Most of the deaths are by gunshots, that is an
increase in the activity we see centred around
murder. The murder victim profile, is the single,
employed Bahamian male between the ages of
16 and 25 residing generally in the black belt
area between Village Road and Nassau Street
going out south.
"The suspect, in most cases, is profiled as a sin-
gle unemployed Bahamian male between the


The pastor said he then received another call
from Mr Hepburn to say that the letter went out
inadvertently and that another letter was sent
rescinding what was said in the first.
The Tribune was unable to contact Mr Hep-
burn yesterday but obtained a copy of the two let-
The first dated March 28 read:
"In view of your profound political involve-
ment, the Broadcasting Corporation of the
Bahamas/ Northern Service has made the decision
to suspend the programme 'Half-hour of Gospel
Power' aired on Sunday mornings at 10 am until
after the General Election 2007."
As a result Rev McAlpine did not appear on
his show yesterday.
"They had to say that it was not on today (Sun-
day). ZNS was flooded with calls trying to find out
why I was not on the air," Rev McAlpine said.
He said that the show was purely spiritual and
was not political in any way.
The second letter, dated March 30th also from
Mr Hepburn, stated that after a further review of
the show the corporation decided to change its
previous decision.
"Nonetheless," the letter continued, "let me

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NHI scheme
al leader in compensation, benefits and human
resources studies, covered all areas of the
Bahamian economy.
Half of those surveyed are categorised as
small businesses, with 35 per cent being medi-
um-sized businesses and 19 per cent large
enterprises. The total employment for those
firms surveyed is over 13,000.
The Bahamian private sector has long been
concerned over how much the NHI scheme
will cost, most believing the initial govern-
ment estimate of $235 million to cover the
cost of supplying all NHI services is far too
In addition, they fear that the initial pro-
posed 5.3 per cent contribution rate to be
split 50/50 between employer and employee,,
with each paying 2.65 per cent of a salaried'
worker's wage up to the ceiling of $5,000 per
month will have to be progressively
increased to cope with heightened deipands
imposed on the NHI scheme from a-
growing population whose demographics are

Murder rate
ages of 16 and 25 residing in a similar area," Mr
Farquharson said.
The commissioner said that there was no
doubt that there was a correlation in ages
between victims and suspects.
Mr Farquharson said that if one would look
back to the year 2000 when the country had 74
homicides, a number of the murders were drug
related, with a greater percentage of them being
In 2001 the figure dropped to 43.
"The drop occurred because we analyzed
what occurred and we started taking out the
drug dealers, which instantly reduced the fig-
ures. We also concentrated on the domestic
issues and how we could zero on them and inter-
vene before they turn into murder or serious
violence," the police commissioner said.
In 2002 the murder rate gradually rose to 52,
50 in 2004 it went back down to 44 and in 2005 it
escalated a bit to 52 and last year the murder rate
climbed to 60.
Currently, the murder rate is at 24, which the
commissioner said is a "great cause for con-

take this opportunity to remind you that 'Half
Hour of Gospel Power' is a religious programme.
All programmes are subject to the rules of the
Broadcasting Corporation of the Bahamas and
should no't include, attacks on other religious
bodied, slander, solicitation of funds or commer-
cial advertising."
However, Rev McAlpine said that this came
out of left field.
"He needed not to remind me of the rules.
Had I broken any of those rules he would have
had justifiable reason for taking me off,
obviously he was just back-pedaling," the pastor
Rev McAlpine said that one of the things he
wished to know was whether the minister in
charge of ZNS was responsible or aware that this
was happening.
Dr Bernard Nottage is now the minister in
charge of broadcasting. The Tribune attempted to
reach Dr Nottage yesterday, but up to press time
did not receive a call back.
Meanwhile, Rev McAlpine said that he feels
blatantly victimized.
"When I ran as a PLP against the FNM and
then as an independent candidate in 2002, the
FNM was the government and never removed
me off the air. I am not a candidate and he had the
unmitigated gall to say what he did in that letter,"
he said.

seye"t Sow Sow 5ow soc-



APRIL 2, 2007, PAGE 15-


* FIREFIGHTERS battle to control the fire on Mackey Street ihich started on Sunday nmonring.

Firefighters win praise

after tackling blaze

Three were injured in the incident, as well as one resident

FROM page one
Windsor Streets, across from
Wendy's restaurant, reaching
the site around 9.19pm.
A property, known for many
years as "'The Haven" --a half
way house for reforming drug
addicts was found by ser-
vicemen to be burning fiercely.
By the time The Tribune
reached the scene, shortly after
llam, the flames had been
brought under control, however
in little over an hour and a half,
fire had decimated the wooden
Reports from bystanders indi-
cated that there may have been
one or two people residing in
the building at the time it went
up in flames, and one occupant
was subsequently found to have
had nine per cent of his body
burned, according to police
press liaison officer Walter
Initial unconfirmed reports
from bystanders, according to
fire Sergeant Anthony Sands,
were that people were seen
moving away from the area
shortly after the lire broke out.
Three firefighters also sus-
tained minor superficial burns
in the line of duty, said Sgt
The morning was breezy, and
a neighboring two-storey prop-
erty. housing Salon Sophia. a
lady's clothing store and Evan's
Cleaning Company, also suf-
fered.extensive damage during
the fire, losing much of its roof.
A second small two-storey
wooden building, which stood
in the same lot as The Haven,
was also partially destroyed.
The entire lot beyond the
fence bordering the property
was scorched and blackened,
and at around 11.20am acrid
grey stioke was still rising in
thick plumes from the smoul-
dering remains.
Bystander Monique Culmer,
who had been on her way to
take her children to their church
group at around 9.15am when
she spotted the flames licking
skywards, said: "We actually
saw the first two trucks here.
They had pulled into the yard of
The Haven but once the flames
came up so strong they had to
reverse out.
"At 60e point because of the
wind the flames were up above
those wires there (electricity
cables), and we all went running
but the firemen they were going
into that with their hose to put
that fire out it was really
impressive to watch." she said.
"I must commend them
because that took a lot of guts."
Mrs Culmer said firefighters
were battling the blaze for up to
an hour before it was subdued.
Meanwhile, towards the rear
of the building, employees of
Evan's Cleaning Company were
surveying the damage to that
One employee peered
through the doorway of what
appeared to be the office, where
water used to put out the raging
fire that had engulfed the roof
of the second floor had soaked
through the ceiling below.
Bits of plaster had caved in.
leaving the ground floor of the
building looking as though it
had weathered a hurricane.
Describing the morning's
sequence of events. Sgt Sands
said that the fire station first
received a call alerting them to
the fire at around 9.15am. Bv the
time the fire crew arrived, the
structure known to many as "The
Haven" was already fully ablaze.
It is thought that the fire had
been gaining strength for
around ten minutes before fire
services arrived on the scene.
While police have yet to rule
out the possibility of arson on
what is obviously a valuable

piece of land. Sgt S;nds
expressed the opinion that the
fire was probably not started
Noting that the building did
not have an electricity supply,
Sgt Sands said he thought lthe
outbreak may have been acci-
dental: "--It must've been some
persons perhaps in the build-
ing, maybe with smokes,
because neighbours had been
complaining that persons were
hanging around in there smok-
ing," he said.

'I hi- blazec is the third major
Ile oin MNackev Street since the
end of last vear. The Paint Place
and the Supervalue Foodslore
at the lop of !he street went up
in flames, while only last week
Top's Lumber Yard was burnt
1to the ground.
In .Jul\ oi last year, another
major blaze, again on "top of
the hill", completely wiped out
five businesses in the popular
shopping plaza, leaving only the
Supci Value food store

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MONDAY, APRIL 2, 2007, PAGE 17




PAGE 18, MONDAY, APRIL 2, 2007


Pope celebrates Palm Sunday Mass

on eve of John Paul II anniversary

M .VIEW of St Peter's Square at the Vatican rrowided with faithful and pilgrims during an open-
air Palm Sunday Mass. Sunday April 1. 2007.

* POPE BENEDICT XVI greets pilgrims and faithful during an open-air Palm Sunday Mass cel-
ebrated in St. Peter's Square at the Vatican, Sunday, April 1, 2007. Palm Sunday commemorates Jesus
Christ's triumphant entry into Jerusalem, and is the start of the church's Holy Week. Benedict XVI
opened the Roman Catholic Church's most solemn week by urging young people during his Palm Sun-
day Mass to live pure, innocent lives.
(AP Photo/Alessandra Tarantino)

Ei MiS o
il,,"^ ,U ^- ; .1 ",jr

Spring into Easter Fu
S with Circus Maximus & The Mall At Marathon!

Plan to join us for these exciting activities:
11am Saturday, March 31st
at Centre Court A Mini Circus Performance
Saturday April 7th, 10th Annual Easter Egg Hunt
10:30am Centre Court Mini Circus Performance
11:00am Grassed area outside New Wing Bus Stop Entrance
Easter Egg Hunt
11:30am Redemption of Prizes
12:30pm Presentation to Golden Egg Winners


The 10th Annual Easter Egg Hunt is a major fundraiser
for the Kiwanis Club of Fort Montagu



MONDAY, APRIL 2, 2007, PAGE 19


ABOUT 20i Iranian
youths threw rocks and
firecrackers at the British
Embassy on Sunda\. as the
British government said it
was in direct contact with
Iran over the capture of 15
British sailors and marines,
according to Associated
Defense Secretary Des
Browne said Britain was in
"direct, bilateral communi-
cation with the Iranians."
A Ministry of Defense
spokeswoman said Browne
was referring to letters
and other contacts
between diplomats, rather
than any new face-to-face
Browne, on a visit to
Afghanistan, said Britain
had "the support of almost
the whole international
community" in calling for
the release of its person-
nel, who were seized by
Iran 10 days ago.


Britain maintains they
were in Iraqi waters when
detained, but Iran has con-
tended the Britons entered
its waters illegally.
In Iran, hardliners called
for their government to
remain firm.
At Sunday's protest, sev-
eral dozen policemen pre-
vented the protesters from
entering the embassy com-
pound, although a few
briefly scaled a fence out-
side the compound's walls
before being pushed back,
according to an Associat-
ed Press reporter at the
The protesters chanted
"Death to Britain" and
"Death to America" as
they hurled stones into the
courtyard of the embassy.
They also demanded that
the Iranian government
expel the British ambas-
sador and close down the
embassy, calling it a "den
of spies."
Britain's Foreign Office
said there had been no
damage to the compound.
A British Foreign Office
spokeswoman in London,
speaking on condition of
anonymity in line with gov-
ernment rules, said diplo-
mats were working
normally inside the
"There is a police pres-
ence outside and there is
no risk to those inside,"
said the spokeswoman.
British government and
defense officials refused to
discuss a report that
claimed a Royal Navy cap-
tain or commodore would
be sent to Tehran as a spe-
cial envoy to negotiate the
return of the personnel.


The official would deliv-
er an assurance that British
naval crews would never
deliberately enter Iranian
waters without permission,
the Sunday Telegraph
newspaper reported.
Transport Minister Dou-
glas Alexander said Britain
was engaged in "exploring
the potential for dialogue
with the Iranians."
"The responsible way
forward is to continue the
often unglamorous, but
important and quiet diplo-
matic work to get our per-
sonnel home," Alexander
told the British Broadcast-
ing Corp.'s Sunday AM
British Foreign Secretary
Margaret Beckett appeared
to soften rhetoric ;neainst
Iran Saturday though the

stopped far short of the
apology sought by many in
"I think everyone regrets
that this position has
arisen," Beckett said in
Bremen, Germany, before
returning to England.
"What we want is a way
out of it."
President Bush on
Saturday called for the
release of the sailors and
marines and labeling their
capture "inexcusable
"Iran must give back the
hostages," Bush said.
"They're innocent, they did
nothing wrong, and they
were summarily plucked
out of waters."
Eight British sailors and
seven marines were
detained by Iranian naval
units March 23 while
patrolling for smugglers
near the mouth of the
Shatt al-Arab, a waterway
that has long been a dis-
puted dividing line
between Iraq and
Iranian President Mah-
moud Ahmadinejad called
world powers "arrogant"
for refusing to apologize.


"Instead of apologizing
over trespassing by British
forces, the world arrogant
powers issue statements
and deliver speeches,"
Iran's official IRNA news
agency quoted Ahmadine-
jad as saying during a
speech in the southeastern
city of Andinmeshk.
A poll published in the
Sunday Telegraph newspa-
per found that 66 percent
of respondents trusted
Blair arid Beckett to
resolve the crisis, while 28
percent did not.
Only 7 percent thought
the government should be
preparing to use military
Pollster ICM interviewed
762 adults by telephone
March 30 and 31.
The margin of error is 4
percentage points.



The Tribune wants to hear
from people who are
making news in their
neighborhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
If so. call us on 322-1986
and 3harc your story.



Det. .ate hmpos& odiioes,
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AIN 020407



Former communist rebels join Nepal

government, pledge to hold elections

NEPAL'S former rebels, who
just last year were waging a
bloody war for a Maoist state,
joined an interim government
Sunday as part of a landmark
peace agreement, with six for-
mer insurgents taking national-
ly televised oaths of office to
become top government offi-
cials, according to Associated
It was a major step in a peace
process that has seen the rebels
abandon their decade-long
revolt and become part of a
government set to hold elec-
tions in June.
Maoist leaders pledged to
ensure development in the
Himalayan nation and hold fair
"This day marks the begin-
ning of a new Nepal. Our pri-
ority for now is to hold the elec-
tions, which will be free and
fair," said the top Maoist leader,
Pushpa Kamal Dahal, who goes
by the name Prachanda.
"Our next goal is to provide
some immediate relief to the
people and then turn toward
long-term development of the
country," Prachanda, who is not
among the new ministers, told
He said their main focus
would be to ensure the June
elections for a special assembly
that will rewrite the constitu-
tion and decide whether Nepal

will continue as a constitutional
monarchy. The Maoists had
fought for 10 years to replace
Nepal's monarchy with a repub-
More than 13,000 people
were killed before a cease-fire
was declared in April 2006, fol-
lowing the weeks of mass pro-
democracy protests that forced
King Gyanendra to give up all
political power and restore Par-
liament, which had been dis-
banded in 2002.
On Sunday, the six former
insurgents took an oath of office
in a ceremony broadcast on
national television, along with
16 other ministers and junior
Five former insurgents were
appointed ministers, while a
sixth was given a junior minister
portfolio in the new govern-
ment to be headed by Girija
Prasad Koirala.


The former insurgents have
been given a number of pow-
erful portfolios, including
Maoist spokesman Krishna
Bahadur Mahara who became
minister for information and
communication, overseeing
state-run television, radio and
newspapers, and longtime mil-
itant Dev Gurung becoming
minister for local develop-
That ministry controls

* NEPAL'S Prime Minister Girija Prasad Koirala, right, who was re-elected as Prime Minister for
a sixth time, administers the oath of office tq other ministers in Katmandu, Nepal on Sunday.
Former communist rebels joined an interim government in Nepal Sunday as part of a landmark
peace deal that ended a decade-long insurgency, pledging to ensure development in the Himalayan
nation and to hold credible elections.

development projects in a
country where only a small
percentage of the population
have access to such things as
electricity, running water and
"This is the beginning of a
new chapter in Nepal's histo-
ry. I urge all to leave behind
all minor differences and

move forward together to get
to our goals," said Koirala,
who was re-elected prime
minister earlier Sunday for a
sixth time. "The government
will be fully devoted to estab-
lishing peace and security in
the country."
The latest development was
welcomed by the international

(Photo: AP/Binod Joshi)
community, which pressed
politicians to hold elections on
time and restore peace and
"As a partner in the Interim
Government, the Maoists must
now be held fully accountable
for their actions. They must
meet their commitments and at
last join the mainstream as a

nonviolent political party," said
a statement from the US
Embassy in Nepal.
The European Union, in a
statement, called on the gov-
ernment to "to move the peace.
process further forward by
preparing vigorously for timely
The inclusion of the former
rebels is part of a peace process
that began last year when the
Maoists agreed to give up their
armed campaign and join an
interim government.
While the Maoists have
locked up their weapons, con-
fined their fighters in UN-mon-
itored camps and joined Parlia-
ment since signing the peace
agreement in November, they
have not officially abandoned
The agreement on the for-
mation of a joint government
was finalized late Friday in a
meeting involving Koirala, lead-
ers of the seven ruling coalition
parties and the Maoists.
Other important posts filled
Sunday include: Ram Chandra
Poudel, deputy leader of
Koirala's Nepali Congress par-
ty, as minister for peace and
rehabilitation, the number-two
slot after the prime minister;
and Sahana Pradhan of the
Communist Party of Nepal
United Marxist-Leninist, a
mainstream political party not
affiliated with the former com-
munist rebels, who became for-
eign minister.

Spring floods, avalanche kill 51 across Afghanistan

avalanche have killed at least
51 people and destroyed hun-
dreds of homes over the last 10
days following warm weather
and heavy spring rains across
mtich of Afghanistan, officials

said Sunday, according to Asso-
' ciated Press.
The governor of the central
Daykundi province said all the
province's districts are flooded
after heavy hail and rain storms
on Thursday and Friday. An
avalanche on Saturday also
killed an unknown number of
people, said provincial Gov.

Sultan Ali Uruzgani.
In total, 31 people have died
in the province from the
avalanche and flooding over the
last 10 days, he said.
"All the roads are blocked,
and aid can only be delivered
by helicopter," he said.
About 300 people are shov-
eling snow to clear a road

between Daykundi and neigh-
boring Bamiyan province that
was buried under 115 feet of
snow after the avalanche, he
In Ashtarlai and Khidir dis-
tricts, a total of 781 homes were
destroyed and 4,200 cattle were
killed by the flooding, Uruzgani
Floodwaters killed eight peo-
ple in Parwan, north of Kabul,
where officials are using old
wrecked tanks the debris from
decades of war to shore up
the banks of the swollen Par-
wan river, said provincial gov-
ernor Abdul Jaber Taqwa.

Thousands of cars are strand-
ed in areas where an avalanche
has blocked at least 2 miles of
roads near the Salang Pass,
Taqwa said.
In eastern Nangarhar, five
people were killed in floods,
including three children, and
dozens of people have been
displaced after their homes
were destroyed in Jalalabad
city, said Ghafor Khan,
spokesman for the provincial
police chief.
In western Herat, seven peo-
ple were killed, including two
children, said Noor Khan
Nekzad, spokesperson for the

provincial police chief.
About 1,500 sheep were
swept away by floodwaters
in northwestern Faryab
province, while several houses
were damaged in the capital,
In eastern Khost, a hail storm
injured 50 children, most of
whom were collecting wood and
herding sheep, said provincial
police chief General Moham-
mad Ayub.
Afghanistan has endured
about a decade of drought, and
residents say that this year's
spring rains are heavier than
they've seen in years.

00 0 0 0 0 a o


. I ..... ..... .. .. ...................................... .............I


I $25.00

Reg. Price $50.00 *This coupon Not Valid with any other specials*
I Rides Not Included I
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j Nj f Monday-thru Fdary 7:00pmt7& 9:00pm
S Saturday0nd-y pm:7;0pm & 9:30pm

Avalanches kill 29 in

north-west Pakistan

AVALANCHES struck two
villages in an isolated district in

Pakistan's northwest, leaving 29
people dead and 14 others miss-
ing, police said Sunday, accord-
ing to Associated Press.
The avalanches destroyed 19


.Mathews Anglican Church
Shirley & Church Street

MONDAY 2nd April 7:30pm Stations of the Cross

TUESDAY 3rd April 7:00am Mass;
7:30pm Service of Reconciliation

WEDNESDAY 4th April 7:00am & 1:00pm Mass;
7:30pm Mass of the Chrism, Christ Church
The clergy renew their vows at this service.

MAUNDY THURSDAY 5th April 7:30pm Holy
Eucharist, Washing of feet and Watch before Altar of
Repose, until midnight

GOOD FRIDAY 6th April 9:00am Liturgy for Good
Friday; 12noon 3:00pm Devotions on the Seven
Last Words

EASTER DAY 8th April 6:00am Easter Vigil & Holy
Eucharist; 10:30am Solemn High Mass,
Procession & Baptism; 7:00pm Solemn Evensong,
Sermon & Benediction

m a :I I 11.

homes late Saturday in Chitral,
a rugged district near the border
with Afghanistan, said Ijaz
Ahmed, a senior police officer
from the area.
One avalanche hit 18 homes
in the village of Wasij, Ahmed
said. Officers from a nearby
police station as well as resi-
dents have pulled out 24 life-
less bodies, he said.
Fourteen people are missing
while six people were pulled out
alive, three of them with
injuries, he said.
In Postaki, five members of a
family were killed when a sepa-
rate avalanche destroyed their
home, Ahmed said by tele-
Heavy rains and snow have
been lashing Chitral, which is
167 miles northwest of Pak-
istan's capital, Islamabad, since
late last week. In some areas,
about six feet of snow has fallen
over the past several days,
Ahmed said.
"All the roads are blocked
due to landslides. There is no
(road) access to the area," he
Authorities are planning to
send food, medicine and blan-
kets to the two villages by heli-
copter on Monday because bad
weather prevented flights on
Sunday, he said.
Relief efforts are likely to be
hampered by blocked roads and
broken down telephone lines.
The main communication link
for information from the
avalanche-hit area is the police's
radio network, Ahmed said.
Chitral, in North West Fron-
tier Province, is nestled in the
Hindu Kush mountains that
also stretch into Afghanistan.
In winter, heavy snow often
blocks a mountain pass that
connects Chitral's with rest of
the country, leaving the isolated
region to dependent heavily on
air transportation.


PAGE 20, MONDAY, APRIL 2, 2007


MONDAY, APRIL 2, 2007, PAGE 21
.... . IIi i. .I I. .I. .i iiI.i ii I I

Kelly's Home Centre





Robert David Adderley
Warehouse Assistant




E m*poy ees

COB President Janyne Hodder,
along with owners David & Nancy Kelly
made the presentations.


Carolie Burrows

Deborah Minnis

Lena Darling
Import Clerk

Cheryl Christie
Head Cashier


Annette Smith
Warehouse Assistant

Rita Ann Saunders
File Clerk

Sandra Smith


F Albert Ingrahamin'
Warehouse Supervisor

Muriel Scavella
Hardware Dept. Head

Denise Cox
Store Manager

Monique Henfield
Delivery Assistant

Staff members were awarded special gifts, certificates & pins for 10-20 years of service
to the company at the annual staff party.










- J



- "1

PAGE 22. MONDAY, APRIL 2, 2007



Tribune '

JUDGE PARKER _______. ...

Dennis ) ( Calvin &


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Svon-er Carre
/ lte rCarriers .

West dealer.
East-West vulnerable.
4- 4AK108
V 107652 V83
*J863 *1074
4J1095 *A842
SJ 976432
The bidding:
West North East South
Pass 1 Pass 1 4
Pass 3 NT Pass 44
Opening lead jack of clubs.
Many players seem to regard the
trump coup as beyond their capabili-
ties, but there is really no good rea-
son for this. In most cases where the
coup can be utilized, declare learns
fairly early in the play that the
trumps are stacked against him, and
all he has to do is to take a few basic
steps to overcome the bad break.
Here is a typical case. West leads
a club against four spades, and East
takes dummy's queen with the ace


I -orn6tvE5eT ANw9i Y Atv NrW
AVFo., M .
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words in
the main
body of

HOW many words of four
letters or more can you make
from the letters shown here? In
making a word, each letter may
be used once only. Each must
contain the centre letter and
there must be at least one
nine-letter word. No plurals.
Good 21; very good 31; excellent
41 (or more).
Solution tomorrow.

n CRYPTIC PUZZLE 1 2 3 4 15 r 6 ,7 I 8

1 Juvenile love of a fruit drink (5)
6 See sure disaster as an evil (5)
9 It' edible, but for its tail (7)
10 One way to help to be sober (5)
21 It's rude to be rakishly! (5)
12. In Ireland, it takes some time to get
a new halt (5)
13 Letter to a skunk from a pig (7)
15 We understand it's in Bridgetown,
Barbados (3)
17 But over fifty by the end of
February (4)
18 Make a furious fuss, or maybe just
"make" (6)
19 If led out in the meadow (5)
20 Turn 6 into 9 (6)
22 Await an offer with new heart (4)
24 Rod mentioned a list (3)
25 In short, he could do with one less
26 Black mark for a fellow getting out
of line (5)
27 You'll neerconvince him to leave
a bit outl (5)
28 Heathen all out to be a bit savage?
29 What L is for? (7)
30 Like every single adult (5)
31 Make up at lunch time (5)

Make a come-back again with an
act (6)
Peevish and nervous about a bit of
dirt (6)
Experienced In garish advertising
One Immersed in his job? (5)
It's sweet (but cowardly?) (7)
State that it's genteel to raise one's
hat!t (4)
Pushing three pins Into it can give
you power (6)
The value, to me, of a pointless rite
Injurious to a team, note (5)
For her, nothing may be evil (5)
Many are in profit, kid (5)
Belief in what Is often ethical (5)
College head, angular and
immaculate (5)
Worried when allowed to go
around with bitter'heart (7)
African style of bun for a Scot,
perhaps (6)
In movies, he could have made
Garbo tip-topl (6)
Keep In date, possibly (6)
Lacking solidarity as a party? (5)
The only one caught? (4)
One of the Green twins! (3)

ACROSS: 4, Eights 7, Proposes 8, Spo-t on 10, C-R-ook 13, Ma-l-d 14, Eats 15,
Days 16, Shy 17, Cain 19, T-R-oy 21, (rein)Camation 23, Port 24, G-old 26, Jug
27, Fret 29, E-yes 32, Sue-d 33, Mo-U-th 34, No help 35, Lark-spur 36, A-ff-Ray
DOWN: 1, Space 2, Co-R.-ot 3, Soak 4, ES-say 5, Go-O-d. 6, Too-thy 9, Pistil 11,
Rap 12, O-scar 13, Man-aged 15, D-in 16, Son 18, A-rtfu-I 20, Rode-O 21, Cog
22, To-t 23, Put off 25, Set 28, Re-p-ly 30, Yuppy 31, Shorn 32, Se-er 33, Mike


ACROSS: 4, Endear 7, Appendix 8, Treble 10, Snare 13, Pool 14, Hare 15, Pelt 16,
Arc 17, Fool 19, Tire 21, Pertinent 23, Ford 24, Cone 26, Sap 27, Ajar 29, Rust
32, Lion 33, Otter 34, Shrink 35, Earliest 36, Broker
DOWN: 1, Harsh 2, Spear 3, Once 4, Extol 5, Duel 6, Allure 9, Rotten 11, Nag 12,
Refer 13, Pelican 15, Pot 16, Art 18, Ordain 20. Inert 21, Pop 22, Nor 23, Father
25, Use 28, Joker 30, Utter 31, Truth 32, Link 33, Only

Type of wood
Mar (5)
Atom (7)
Grid (5)
Treatise (5)
Decree (5)
array (7)
Thus (3)
Norse god (4)
Royal residence
Poem (5)
Secret (6)
Inflammation (4)
Fish eggs (3)
Wandered (7)
English novelist
Shoot (5)
Burn (5)
Dream (7)
Viper (5)
stealthily (5)

Out of the
country (6)
Draw off (6)
remains (3)
Den (5)
Nuisance (4)
letter (6)
Evade (5)
Of the Ice caps
Relative (5)
Yielded (5)
Item (5)
Number (7)
Cavorted (6)
Small dish (6)
Colour (6)
Rational (5)
Awful (4)
daintily (3)

and returns a club. Declarer has no
need for a discard and also wants to
initiate the trumps by leading one
from his hand, so he ruffs the club.
When he next plays a low spade'
to the queen and West shows out,
South must find a way to limit East
to two trump tricks. The only way'
this can be done is by means of a
trump coup.
So when East takes the queen of
spades with the king and returns a
club, South ruffs. This is in accor-
dance with the basic principle that to
execute a trump coup, you must
reduce your own trump length to that
of your opponent.
Declarer then leads a low heart to
the jack and returns a trump. Let's
say East takes the ace his play
doesn't really matter and returns
still another club.
Again South ruffs. This reduces
his trump holding to the J-9, which
are comfortably ensconced over
East's 10-8.
The coup is now ready to be exe-
cuted. South overtakes the queen of
hearts with dummy's king and cashes
the A-K-Q of diamonds, discarding
his ace of hearts. Dummy's last two
cards are a heart and a diamond, and
when declarer leads one of them,
East's trumps are couped.

a ,

z 0'0
r. o oK

m O ,1



ARIES Mar 21/Apr 20
Capitalize on your speed and
strengths this week, Aries. They'll
help you to pull through with flying
colors when an assignment leaves oth-
ers feeling down.
TAURUS Apr 21/May 21
Enjoy the process of learning when
you have a chance to sit in on an
important meeting. You have a
once-in-a-lifetime opportunity,
Taurus, so make the most of it.
GEMINI May 22/Jun 21
When you engage in an experiment
this week, Gemini, you're reasonably
sure what the outcome will be.
Positive reinforcement from friends
is another good sign.
CANCER Jun 22/Jul 22
Cancer, you may be a water sign, but
this week is not the right time for mak-
ing waves. It's best if you just go with
the flow instead. There will be other
times to cause ripples.
LEO Jul 23/Aug 23
Have you been feeling like you're
getting all of the advantages with
none of the responsibilities? Well,
the times they are a-changin', Leo.
Expect bumpier roads ahead.'
VIRGO Aug 24/Sept 22
Suspicions have you jumping
around like a circus acrobat, Virgo.
Calm down and put your anxiety
into perspective or you'll run the
risk of burning bridges.
LIBRA Sept 23/Oct 23
If you feel like you've lost your
way, Libra, rest assured that you are'
not alone. This may be a good time
to talk over your worries with a
friend who means the world to you.
SCORPIO Oct 24/Nov 22
Help someone who could use a little
more attention this week, Scorpio. But
don't use your personal problems as
examples. They are out of place in this
particular situation.
Make good use of your time, Sagittarius,
particularly on Tuesday, when others .
will need guidance and leadership.
You're the perfect candidate for the job
because pressure doesn't faze you.
CAPRICORN Dec 22/Jan 20
You have to think outside of the box
when stressful events spring .up,
Capricorn. Just remember that there
are more than two options you'll
find the right path.
AQUARIUS Jan 21/Feb 18
Being overly dramatic'serves your
purposes well this week, Aquarius.
Those who believe you are seri-
ously considering catering to your
every whim.
PISCES Feb 19/Mar 20
Invest what you can afford to lose in a
big gamble that plagues you on
Thursday, Pisces. Just remember to
remain calm in the face of adversity.

I CHES byLeonad Baden

Leonid Shamkovich v David
Bronstein, USSR championship
1971. Unlike yesterday's simple
endgame, today's puzzle is
typical of the late maestro
Bronstein and his attacking flair.
Black (to move) has queen,
bishop and both rooks targeting
the weak h2 pawn, so White can
only hope for a mega-blunder
like Bxh2?? Nxh3. How did
Bronstein gain a decisive


Chess solution 8337: l...Qxh2+ 2 Rxh2 Rxh2+ 3 Kgl
Bxf2+ 4 Rxf2 or 4 Kfl Rhl+ and R8h2 mate.
Mensa quiz: Beverage.
One possible word ladder solution is: FLEX, flax,
flat, feat, bent, beat, BEND.




APRIL 2, 2007

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

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mind Gredenko. (N) (CC)
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WPLG (CC) son Premiere) U.S. Navy Lt. Andy Baldwin looks for
True love. (N) rf (CC)
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A& E pen Water' heiress is found dead. (CC) has an out-of-body experience; Dr. Meffi goes to a psy- nos "Bust-Out"
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Hardtalk BBC News World Business BBC News Click Online Es- BBC News World Business
BBCI (Latenight). Report (Latenight). sential guide to (Latenight). Report
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:00) On the Fast Money The Apprentice: Los Angeles 1) The Big Idea With Donny Deutsch
CNBC Money (CC)
(:00) The Situa- Paula Zahn Now (CC) Larry King Live (CC) Anderson Cooper 360 (CC)
S CNN tion Room______
Scrubs Turk and The Daily Show The Colbert Re- Chappelle's South Park Scrubs Turk and Scrubs J.D. falls
COM Caria set a wed- With Jon Stew- port(CC) Show Victimized "Cherokee Hair J.D. get a life les- for a bartender.
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Witnesses: Zimbabwe police detain

teenagers in upmarket disco raid


A POLICE crackdown in
Zimbabwe moved into well-to-
do residential suburbs in the
nation's capital where scores of
teenagers were detained in a
raid on a popular disco, wit-
nesses said Sunday, according
to Associated Press.
Some of the teenagers both
blacks and whites were hit
with riot batons and slapped by
paramilitary police who said
they were clamping down on
alleged underage drinking, wit-
nesses said. Others were not
carrying identity cards required
under security laws.
Several of the youths were
treated for shock after at least
100 were taken in two police
buses to the feared downtown
central police station from the
"Glow" nightclub in Harare's
affluent Borrowdale district in
the early hours of Saturday.
The raid came after police
shut down bars and beer halls in
impoverished townships in an
undeclared curfew during a

surge in political tension since
police violently stopped an
opposition-led prayer meeting
in western Harare on March 11.
It was the first on upmarket
bars and clubs patronized by
the nation's dwindling white
community. The government
has routinely accused whites,
mainly the descendants of colo-
nial-era British settlers, of back-
ing its opponents. An estimated
30,000 whites live in Zimbab-
we, down from about 270,000
at independence in 1980.
Opposition leader Morgan
Tsvangirai and top colleagues
were hospitalized after being
beaten by police while in cus-
tody after the township prayer
meeting was crushed.
On Saturday, nine opposition
activists who were to be
arraigned on charges of
attempted murder and illegal
weapons possession all required
medical attention for injuries
sustained since their arrests,
doctors said. One was carried
from the Harare magistrates'
court on a sfretcher.
Doctors and staff at private

medical facilities where the
detainees were taken under
police guard said the nine who
were detained Tuesday and
Wednesday appeared to have
been assaulted while in custody.
Police later Saturday removed
the detainees, saying they were
being taken for government
treatment, said medical staff
who asked not to be identified.
Keith Murray, 20. a witness
at the Borrowdale nightclub.
said about 20 paramilitary
police armed with automatic
rifles and batons stormed into
the nightclub and forced revel-
ers to sit on the dance floors in
silence. Three who protested
and kept talking were assaulted,
he said. Most of those detained
were teenage girls, many of
them white, who were released
after daybreak.
Revelers' cars were searched
outside. The youths were jos-
tled in lines and frog-marched
into a nearby cage wire enclo-
sure. One who tried to get onto
a police bus to help his girlfriend
was dragged off and hit. Anoth-
er girl asking friends to call her

parents was slapped for not
remaining silent. Murray said.
"I was distraught," said one
white parent.
"One \wav to drive more of
us out of the country is to arrest
our children." he said. asking
not to be identified for fear of
On Friday, Zimbabwe's rul-
ing party endorsed President
Robert Mugabe as its candidate
in next year's presidential elec-
tions. shrugging off interna-
tional criticism of the clamp-
down on opposition activists
and papering over internal divi-
sions about the country's eco-
nomic meltdown.
The 145-member decision-
making body also agreed to
bring forward parliamentary
elections, scheduled for 2010,
by two years to coincide with
the presidential poll.
Next year's poll would allow
Mugabe to stay in power until
2013, when he would be close to
90. He has vowed to go ahead
with the elections even if the
opposition does not contest.
The endorsement by the cen-

tral committee of the ZANU-
PF party of Mugabe the only
leader since independence fol-
lowed an emergency southern
African summit that gave its
public backing to the 83-year-
old leader.


Thursday's summit in Tanza-
nia ended with the appointment
of South African President
Thabo Mbeki to mediate in
Zimbabwe's crisis and a deci-
sion "to promote dialogue of
the parties in Zimbabwe."
On Friday, Mugabe acknowl-
edged that police used violent
methods against Tsvangirai and
other opposition supporters and
killed at least one activist last
month. Referring to injuries suf-
fered by at least 40 others in
custody, Mugabe warned per-
petrators of unrest they would
be "bashed" again if violence
continued, a reference to gov-
ernment accusations that the
opposition is to blame for a
wave of unrest and petrol bomb

attacks, allegations the opposi-
tion has repeatedly denied.
The state Sunday Mail said
Mugabe told regional leaders
of the Southern African Devel-
opment Community last week'
that authorities had taken-
action against "politically insti-
gated terror" waged by the
"1I told SADC that he (Tsvan-
girai) was indeed beaten up,"
the paper quoted Mugabe say-
Mugabe said the government
moved to restore order and
South African President Thabo
Mbeki agreed Western coun-
tries backing the opposition
were "against liberation move-
ment parties" in the region,
including their two countries'
ruling parties.
"So we got enough support
(from regional leaders.) Not
one condemned our actions.
SADC.... is not a court. We are
brothers, we cooperate with
each other and we have love for
one another," Mugabe said,
according to the newspaper, a
government mouthpiece.

Fighting in Somali capital as government tries to quash insurgency


MORTAR rounds slammed
into Mogadishu on Sunday, the
fourth day of a fierce military
offensive to wipe out Islamist
insurgents. The violence has
killed and wounded untold
numbers of civilians, according
to Associated Press.
The offensive, which started
Thursday, has sparked the heav-
iest fighting in Mogadishu since
the early 1990s. On Friday,
insurgents shot down an
Ethiopian helicopter gunship
and mortar shells slammed into
a hospital, leaving corpses piled
in the streets and wounding
hundreds of people.
"The victims are the civilians,
only civilians are dying and get-
ting wounded in this fighting,"
Khadijo Farah Warsame, 45, a
mother of seven, said Saturday.
The International Commit-
tee of the Red Cross said
dozens of people have been
killed since Thursday-and more
than 220 wounded, most of
them civilians with bullet,
grenade and other war wounds.

But the fighting is so severe and
widespread that bodies were
not being picked up or even tal-
lied. Hospitals were over-
whelmed, with patients sleep-
ing on floors.
"All the commercial areas
have closed, all the markets, all
the stores, and now the people
are looking for food. Where can
we buy food?" said Farah Has-
san, a 50-year-old resident.
Ethiopia says its forces have
killed more than 200 insurgents
since the assault started.
Somali presidential spokesman
Hussein Mohamoud Hussein on
Saturday blamed the violence on
foreign terrorists, saying al-Qai-
da had sent fighters to battle gov-
ernment and allied troops.
"These elements were behind
the downing of the helicopter
yesterday," he said.
The insurgents are linked to
the Council of Islamic Courts,
which was driven from power
in December by Somali and
Ethiopian soldiers, accompa-
nied by US special forces. The
US has accused the courts of
having ties to al-Qaida.
The Islamic courts stockpiled

thousands of tons of weapons and
ammunition during the six months
they controlled Mogadishu. The
insurgency will likely last until that
stockpile is depleted, or key lead-
ers are killed.
The militants have long
rejected any secular govern-
ment and have sworn to fight
until Somalia becomes an
Islamic emirate. Clan elders
have tried to negotiate several
cease-fires, but cannot control
the young insurgents.
The UN's refugee agency said
58,000 people have fled violence
in the Somali capital since the
beginning of February.
Somalia has been mired in
chaos since 1991, when warlords
overthrew dictator Mohamed
Siad Barre and then turned on
one another.
A national government was
established in 2004 but has
failed to assert any real control.
The administration, with cru-
cial support from Ethiopian
troops, toppled the Council of
Islamic Courts in December,
but insurgents with links to the
group have staged attacks near-
ly every day.

* SOMALI women with luggage leave Mogadishu Somalia on Sunday. The UN refugee agency
says 58,000 people have fled violence in the Somali capital since the beginning of February. Dozens;
of people have been killed since Thursday and more than 220 wounded, most of them civilians with
bullet, grenade and other war wounds, the International Committee of the Red Cross said.
(Photo: AP/Mohamed Sheikh Nr4J

AU helicopter comes under fire over Darfur, no casualties

* SUDAN some damage but was able to
Khartoum land, according to the AU.
"Five bullet holes were found
AN African Union helicopter on the body of the helicopter
was fired upon by one or more after it landed safely with no
unknown assailants while fly- casualties," said AU spokesman
ing over Darfur, an AU Noureddine Mezni. He believed
spokesman said Sunday, accord- this was the first time an AU
ing to Associated Press. helicopter had been hit.
The helicopter, on a routine Mezni said AU force com-
mission from Zalingei in West mander Major General Luke
Darfur to El-Fasher, the capital Aprezi chaired a meeting early
of North Darfur, sustained Sunday and ordered an investi-

gation into the incident to deter-
mine who was responsible.
AU helicopters are clearly
distinguishable from the cam-
ouflage ones used by the
Sudanese government because
they are painted white and have
'AU' written on the side in large
black letters.
In late December, Maj Gen
Aprezi brokered a cease-fire
with several rebel groups that
did not sign last May's peace

agreement with the govern-
ment. The AU spokesman said
the helicopter involved in the
incident was being used by offi-
cials working to implement the
cease-fire, which has not been
fully observed.
The Darfur conflict began
when members of Darfur's eth-
nic African tribes rebelled
against what they consider
decades of neglect and discrim-
ination by the Arab-dominated

government in Khartoum.
Sudanese leaders are accused
of unleashing the pro-govern-
ment Arab militia, the jan-
jaweed, that has committed
many of the conflict's atrocities.
More than 200,000 people
have died in nearly four years of
fighting in Darfur, and the con-
flict is spilling over into the Cen-
tral African Republic and Chad,
where hundreds of thousands
of Darfur's 2.5 million home-

less have fled.
Some 7,000 ill-equipped and
underfunded AU troops
charged with the daunting task
of pacifying the region, have
been in Darfur since June 2004.
Sudan has come under increas-
ing international criticism for'
opposing a UN Security Coun'.
cil resolution calling for the AU
troops to be replaced with
22,000 UN peacekeepers and



Village Road. Phone 393-5310 Open 8:30AM. 5:30PM.


PAGE 24, MONDAY, APRIL 2, 2007

'Alp .




Miami Herald Business, Stocks, Analysis, Wall Street


Just 21 per cent of Licencees seek court

employers back NHI I W9 A Q

Tribune Business Editor
JUST 21 per cent of employers
believe the Government's pro-
posed National Health Insurance
(NHI) scheme is the best option
for improving healthcare quali-
ty, financing and access in the
Bahamas, a private sector survey
has found, indicating that sub-
stantial business community con-
cerns persist about the scheme's
potential impact upon themselves
and the wider Bahamian econo-
A survey conducted by the
Segal Company, on behalf of the
National Coalition for Health-
care Reform, found that some 79
per cent of Bahamian employers
surveyed offered alternative solu-
tions to meeting the country's
healthcare needs, most involving
a combined private-public sector
Winston Rolle, the former
Chamber of Commerce president
now acting as a Coalition repre-
sentative, told The Tribune that
these percentages were "very sig-
He'explained: "It shows that

answers over


asset transfers

Association hopes for order appointing 'Public Trustee', as judiciary

asked to resolve whether GBPA breached Hawksbill Creek Agreement


the NHI plan, based on the infor-
mation we have on hand at this
time, is not giving anyone a com-
fort level."
Mr Rolle pointed out that in
countries such as Canada and the
UK, there was a movement away
from their government and pub-

SEE page 11B

Tribune Business Editor
rand Bahama
Port Authority
( GBPA )
licencees have
filed a legal
action against the GBPA and
the Government, asking the
Supreme Court to determine
whether the transfer of the
GBPA's productive, profit-
making assets to its Port Group
Ltd affiliate and their subse-
quent partial sale to private
interests breaches the provisions
of the Hawksbill Creek Agree-
The originating summons,
filed by the Freeport Licencees
and Property Owners Associa-
tion with the Supreme Court on
Friday as action No.420 of 2007,
is asking the Bahamian courts
to make a number of declara-
tions on questions that go to the
very heart of the Hawksbill

Creek Agreement, the GBPA's
quasi-governmental and devel-
opment obligations, and the
rights the Agreement may have
vested in GBPA licencees.
The Association's summons
is asking the court to determine
whether, having regard to the
original aims of the Hawksbill
Creek Agreement and the Gov-
ernment, those goals "have
been subverted to the private
interests of the Port Authori-
ty's principals for their own use
and benefit and financial gain",
regardless of whether the Gov-
ernment and licencees
If the answer to this question
was 'yes', the Association then
wanted an answer on whether
the Government's intentions
had been frustrated, and the
interests of licencees and
Freeport residents damaged,
because they had been denied
"protection against the imposi-
tion of unreasonable rates and

charges because of unregulat-
ed profit-making from the sale
of essential services generated
by the operation of utilities for
the supply of electricity and oth-
er public utilities and ser-
Many of the questions in the
originating summons relate to
sub-clauses 1 and 2, of Clause 4,
in the amended 1960 Hawksbill
Creek Agreement, which essen-
tially deal with the creation via
statute of a 'Local Authority'
that the GBPA, provided it has
the approval of 80 per cent of its
licencees, can transfer all its
"rights, powers and obligations"
In particular, the Association
and its attorney, Maurice Glin-
ton, are asking the courts to
determine whether "any such
said divestiture or assignment
or conveyance or transfer of
property of any nature, the pur-
pose or effect of which is.tQstrip
from the Port Authority direct

and/or indirect corporate own-
ership and control of its said
productive assets and capacities
as respect its said quasi-govern-
mental powers" rights and
obligations, vesting them in any-
thing other than the 'Local
Authority', constitutes an
"unlawful amendment" and
"abrogation" of these Hawks-
bill Creek Agreement clauses.
If the court determines this
is the case, the Association then
wants it to decide whether this
constitutes a "breach of trust
and a breach of fiduciary duty"
by the GBPA and its principals.
And regardless of this, whether
any asset disposals and devolv-
ing of its quasi-governmental
powers can be justified as
enhancing the administration
and control of the 230 square
mile Port area.
The legal action's filing is the

SEE page 10B

- Tribune Business Editor
THE developers behind the
$600-$700 million Rum Cay
Resort Marina have submitted a
draft Heads of Agreement to
the Government for another
multi-million hotel project on
the nearby island of San Sal-
vador, targeting "very high-end
Tim Perkins, a senior execu-
tive and director of construc-
tion for Montana Holdings, told
The Tribune that an affiliate,
Montana Land Resources Ltd,
had submitted a draft Heads of
Agreement to the Government
for a development at Snow Bay
Peninsula/Pigeon Creek in San
Mr Perkins said: "The Heads
of Agreement draft has been
submitted to the Government.
We are positive we will be hear-
ing back from them on this in
the next couple of weeks."
The project will involve a
hotel, marina, luxury spa,
restaurant and retail facilities,
and tennis and recreational
areas, Mr Perkins added. It is
likely to create job opportuni-
ties for several hundred
Tribune Business revealed in
February 2007 that Montana
Holdings was planning anoth-
er potential tourism develop-
ment on San Salvador covering
up to 600 acres of privately-
owned real estate.
This newspaper also reported
at the time that Montana Hold-
ings was talking to Capella
Hotels & Resorts about becom-
ing the brand/operating partner
for the project's upmarket, top-
of-the-range boutique hotel.
Mr Perkins confirmed to The
Tribune that Capella was one
of the brand/operating partners
that Montana Holdings was
talking to, adding that the com-
pany was "very keen" to
become involved with the San
Salvador project.
He explained that the San
Salvador project would target
a "very high-end clientele", as
Capella was a "very high-end
hotel group".
Mr Perkins said that although

Rum Cay resort
proponent eyes
second Bahamas
confirms Capella
Hotels & Resorts
among likely
brand partners

the multi-million dollar San Sal-
vador investment project was
still being fine-tuned, with the
finer details still being worked
on, it would look to target both
the North American and Euro-
pean markets for its client base.
He pointed out that with the
favourable UK sterling/US dol-
lar exchange rate, holidays in
the Bahamas had become rela-
tively inexpensive for potential
British tourists and property
owners, and the feedback Mon-
tana Holdings had received
from this market had been pos-
When asked why Montana
Holdings wanted to develop
two resort projects in such close
proximity in the southern
Bahamas, Mr Perkins said the
developer wanted to capitalise
on the knowledge and develop-
ment expertise it had gained
from the Rum Cay project.
"It'll be nice to have two
hotels in the same location," he
said. "Doing what we're doing,
we have the knowledge and
expertise to develop in the
southern islands, and have that
expertise on similar projects in
that location."
Mr Perkins said that through
two different hotel groups -
Capella and Rock Resorts on
Rum Cay visitors to the two
potential Montana Holdings
properties would enjoy two dif-
ferent experiences. Synergies
between the two properties
could also be exploited, with
guests spending one week at

SEE page 9B

not just for our large selection or but to experience...
COMPUTERS. COPIERS PRINTERS the type of qualified and
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Developer submits draft

Agreement for the San

Salvador resort project


* By Fidelity Capital
T trading slowed this
week in the Bahami-
an market as just
14.190 shares changed hands.
The market saw eight out of
its 19 listed stocks trade, of
which four advanced and four
remained unchanged.
Volume leader for the week
was Abaco Markets (AML)
with 4.000() shares changing
hands, accounting for 28.2 per
cent of the total shares trad-
The big advancer for the
week was also Abaco Markets
(AML) up $0.10 or 12.20 per
cent to close at $0.92. The
Bahamas Property Fund
(BPF) also advanced by $0.25
or 2.22 per cent, to end the
week at $11.50.
The FINDEX increased by
2.10 points for the week. to
close at 791.37.

Bank (Bahamas)
Ltd (CIB) -
FOR the 2007 first quarter.
CIB realized a net
income of $35.9 million, which
represents an increase of 24
per cent or $6.9 million over
the same period in 2006.
A one-time gain of $7.2 mil-
lion, the result of an accounting
policy change, is included in
the net income, while $1.7 mil-
lion in fees earned in the 2006
first quarter from Barclays
Capital was absent this year,
as the fee agreement has since
Total assets grew from $3.5
billion to $4.6 billion, while
total liabilities increased to $4.6
billion from $3.6 billion com-
pared to the same period in
Earnings per share rose by
5.8 cents, from $0.241 cents to
$0.299 cents. which represents
an increase of 24.07, per cent
compared to the same period
in 2006.
*'qr '

The Bahamian Stoc

FINDEX 789.27 YTD 6.36%






:k Market


ICD has declared dividends of $0.10 per share, payable on
March 30, 2007, to all shareholders of record date March 12,
CBL has declared dividends of $0.12 per share, payable on
March 30, 2007, to all shareholders of record date March 15,
CAB has declared dividends of $0.06 per share, payable on
March 30, 2007, to all shareholders of record date March 16,
CBL has declared an extraordinary dividend of $0.12 per
share, payable on April 30,2007, to all shareholders of record
date April 13, 2007.
CWCB has declared dividends of $0.013 per BDR, payable
on May 7, 2007, to all shareholders of record date March 30,

Operational expenses
declined by 50 per cent, from
$16.4 million to $8 million for
the first quarter in 2007. This
significant reduction was due in
part to policy adjustments,
which resulted in the recogni-
tion of a curtailment gain of
$7.2 million.

FOR the 2007 first quarter,
FIN posted net income of $5.2
million, representing an
increase of $113,200 or 2.2 per

SEE page 9B

#4 Patton & Rosetta Sts, Palmdale
(Next to City Market Food Store)
Nassau, Bahamas
Email: sales@ dctpc.com

Tel: 242-328-0048

Fax: 242-328-0049




BSI Overseas (Bahamas) Limited, Nassau, Bahamas, an established international
private bank in The Bahamas, with its head office BSI AG, in Lugano, Switzerland
since 1873, is presently accepting applications for:-

Applicants for the position of Head of Operations Coordination / Structured Products
must have relevant financial accreditation or professional qualifications, in-depth
managerial experience in all phases of securities & other assets in the offshore banking
industry, overall processes including front office & operations activities, and be fully
abreast of today's sophisticated private banking products. Must be knowledgeable of
international markets, financial instruments and of local legislation, regulatory & statutory
matters as well as international banking practices. Fluency in Italian is definitely

Personal qualities:-

Proven ability to supervise staff & control the daily flow of transactions & direct
and guide staff through knowledge and example
Must have demonstrated practical organization of self and others
Ability to assess, evaluate and make recommendations
Excellent organizational, communication and computer skills
Possess analytical qualities
Goal-oriented, self-motivated, positive attitude and outlook
Commitment to quality, service excellence and customer satisfaction


Necessary liaison with units Private Banking & Service Provider (Outsourcer)
Verify that processed transactions are correctly settled
Perform control of administrative tasks to be executed locally
Ensure re:crnachia'icns of outstanding items and that pending items are resolved
Monitor & manage booking of structured products
Guide and train personnel in the unit

This position will report directly to the Head of Private Banking.

Resumes sho:,d be faxed to #702 1253 or mailed or delivered to the offices of
BSI, addressed to:-

Personnel Officer
BSI Overseas (Bahamas) Limited
Bayside Executive Park, West Bay St. & Blake Road
P. 0. Box N-7130
Nassau, Bahamas
Only applicants having the above attributes will be contacted.













i"*'f -,i ,



mTmS ^uuk snsBF'S

1q E






he M iami eralb MONDAY, APRIL 2,2007



Deal makers succeeding in slow market

* The first quarter of 2007 has
been shaky for Investors, but
investment bankers have put
together a record $428.69 billion
worth of deals.
Associated Press
NEW YORK Blue chip stocks
might have just suffered their worst
quarter in two years, but that didn't
stop Wall Street's army of investment
bankers from putting together deals
at a record pace.
High-profile transactions like the
$31.8 billion takeover of energy com-

Being the


might help

If your airline leaves you
feeling stranded, turn to the DOT
to file your complaint it can
make a difference.
The Wall Street Journal
The Department of Transporta-
tion fields thousands of complaints
about airlines each year, but officials
can do little to mandate good service
or compensation for travel night-
That doesn't mean filing com-
plaints to the DOT is a waste of time.
To the contrary, it can pay off.
SSome airlines admit they do pay
more attention to consumer .com-
plaints if travelers send them to the
DOT, which categorizes and tallies
complaints and publishes monthly
rankings of airline performance.
The DOT says it sometimes uses
complaint data in enforcement
actions against airlines and in rule-
making decisions a history of lots
of complaints can work against an
airline. The agency also points out
trends with airlines hoping to pres-
sure change.
"We're more than just a statistics-
capturing office," a senior Transpor-
tation official said. "Airlines are very
sensitive to the complaints the
department receives."
Southwest Airlines, for one, says it
does special reporting on complaints
forwarded from the DOT, and a spe-
cial report on DOT complaints goes
out to company executives. "We pay
huge attention to that," says Jim Rup-
pel, vice president of customer rela-
Government agencies generally
don't post public scorecards on com-
panies the Federal Communica-
tions Commission doesn't list com-
plaints against cellphone companies,
for example, only the totaled number
of complaints received. (They out-
number airline complaints 2-to-L)
But the airline industry is unique
- the DOT's reporting on airline
performance is a holdover from the
days before 1978 when carriers were
regulated by the government. The
Civil Aeronautics Board started pub-
lishing airline complaint data in 1970,
and the DOT took it over in 1985
when the CAB went out of operation.
The DOT has about 12 people in
its Aviation Consumer Protection
Division who handle airline com-

pany TXU and ongoing bids to buy
the Chicago Board of Trade have
helped U.S. acquisitions surge 21 per-
cent from last year. That shows pri-
vate equity firms and expansion-
minded companies have not lost their
taste for mergers and acquisitions
despite stock market volatility.
In the first quarter of 2007, there
were $428.69 billion worth of deals,
according to research firm Dealogic.
Globally, that number surged 15 per-
cent to $L13 trillion and is on track
to surpass last year's $4 trillion
"The market is saying we may

have a slowdown, but not a great
recession or bear market," said Ste-
ven Bernard, director of M&A mar-
ket analysis for investment bank Rob-
ert W. Baird. "And short-term
volatility really isn't enough to derail
M&A activity. In fact, those are the
times companies pay less for their
The five biggest Wall Street
investment banks have reported in
recent weeks that their pipeline of
deals has not diminished, even as
global stock markets went south. The
bull market was derailed on Feb. 27
when Asian exchanges suffered a

one-day plunge that spread globally.
Even though Wall Street has
recovered somewhat, the equity mar-
ket realignment has left volatility in
its wake. And that might be one of the
reasons why acquisition activity has
continued to heat up valuations of
many companies have declined, mak-
ing them more attractive buys for
cash-rich corporate raiders.
Times of global risk present
untapped potential for those looking
to put deals together, said Goldman
Sachs Group Chairman and Chief
Executive Lloyd Blankfein.
"Risk proliferation has gone up,


.... . .... ..
.. .

- ~ -- -
~ ..w~..

- <.',.


' ..4 ,.

DWINDLING NUMBERS: Many animal pens were empty in March at Liniers Market in Buenos Aires,
above. Government controls on beef prices have reduced by nearly 50 percent the number of
cattle passing through the market, which is the nation's largest and guides prices nationwide.



McClatchy News Service

BUENOS AIRES, Argentina Since its founding more than a
century ago, the Liniers Market on the outskirts of this capital city has
been an institution in Argentina's famed beef industry.
Thousands of cattle as many as 20 percent of those sold
nationwide passed through the sprawling market on any given day,
and the prices paid here guided buyers and sellers all over Argentina.

Now, however, many of the
pens are empty, and sales have
plummeted by half, thanks, say cat-
tle producers, to botched govern-
ment policies aimed at holding
down inflation that have actually
spurred beef prices.
Argentines eat more beef per
capital than anyone else in the
world, so government regulators
tried to check rising inflation by
controlling beef prices. First, they
prohibited most beef exports. Then
they capped prices paid for cattle at
Cutting beef exports, govern-

ment regulators believed, would
increase domestic supply, while
controlling prices at Liniers would
have a nationwide effect. Beef sales
amount to 4.5 percent of the coun-
try's inflation index.
Instead, cattle producers
stopped selling their stock or
switched to other, more profitable
crops such as soybeans.
Consumer beef prices, which
initially fell about 10 percent after
the export ban took effect last
March, have been surging since
October. Prices surpassed their
pre-ban levels in February and

moves some of the remaining
cattle through the stockyard.

have continued to rise, though
they're still well below U.S. prices.
The most popular cuts cost about
$L40 per pound.
"The government's idea is just
wrong," said Luis Alberto Caro, an
attorney representing three

but so has our profit," Blankfein said
during the investment bank's annual
meeting on Tuesday. "Risk is not so
much targeted as it is a consequence
of our strategy."
He said that if the company wants
to remain the world's top M&A
adviser, "one of the consequences of
that is we will have to do more
financing in addition to the advice we
Indeed, investment banks like
Goldman Sachs have made more out
of less during the first quarter.


Data breach

at T.J. Maxx

parent firm

could be

largest ever

The theft of at least
45.7 million cards from the
parent company of T.J. Maxx Is
believed to be the biggest such
hack ever, and the numbers could
still grow.
Associated Press
BOSTON A hacker or hackers
stole data from at least 45.7 mnlion
credit and debit cards of shoppers at
off-price retailers including T.J. Maxx
and Marshalls in a case believed to be
the largest such breach of consumer
For the first time since disclosing
the theft more than two months ago,
the parent company of nearly 2,500
discount stores put a number on how
much card data was compromised -
and it's a number TJX acknowledges
could go still higher.
Experts say TJX's disclosures in a
regulatory filing this week revealed
security holes that persist at many
firms entrusted with consumer data:
failure to promptly delete data on
customer transactions and to guard
secrets about how such data is pro-
tected through encryption.
"It's not clear when information
was deleted, it's not clear who had
access to what, and it's not clear
whether the data kept in all these
files was encrypted, so it's very hard
to know how big this was," said Dee-
pak Taneja, chief executive of
Aveska, a Waltham, Mass.-based firm
that advises companies on informa-
tion security.
The case has led banks to reissue
cards to customers as a precaution
against further fraud beyond cases
detected as far away as Sweden and
Hong Kong, according to the Massa-
chusetts Bankers Association, which
is tracking fraud reports linked to
Framingham, Mass.-based TJX, par-
ent company of stores across North
America and Britain.
The only arrests believed tied to
the case involve a gift card scam in
which 10 people are suspected of
buying data from the TJX hackers to
purchase Wal-Mart gift cards in
North Florida. The group who


Japan faces baby boomer crisis

* Japan's 5.4 million workaholic
baby boomers shift gears to reap
the fruits of retirement.
Associated Press
ITO, Japan The way Masahiro
Shimizu sees it, he and Japan's other
postwar baby boomers built the
country into an economic power-
house and now it's time to enjoy
the fruits of their labor.
Shimizu will leave his job in the
department store business next year,
having become one of some 5.4 mil-
lion Japanese boomer employees
who will reach the standard retire-
ment age of 60 over the next three
The retirement of the boomers,

which kicks off in April with the start
of the fiscal year, is a signature event
for Japan, symbolizing a rapidly aging
society, a looming fiscal crunch and
the emergence of a roaring "gray
economy" fueled by free-spending
The impact of mass retirements is
expected to be limited at first, but the
debate which to some extent mir-
rors the one in the United States over
Social Security and longevity is in
full swing, and the retirement age is
already edging upward.
Shimizu, 59 and married, could
have stayed on until 65, in fact the
government would be delighted if
more boomers made that choice and
softened the social security burden.
But Shimizu isn't interested.

"Up till now, it's been all about the
family," he said while visiting an
exhibit of a retirement village
planned in the resort town of Ito,
south of Tokyo. "Now my son and
daughter are on their own ... so I
want to be independent and do what
I want."
Born between 1947 and 1949,
before abortion laws were loosened
to prevent overpopulation, the esti-
mated 7 million baby boomers grew
up as Japan rebuilt itself after World
War II and moved into the job market
as the economy took off. They hit
their prime in the '80s just as the
economy peaked.
Now they are entering their

GOLDEN YEARS: Masahide Takano, center, briefs baby boomers in a
f ,ld where a retirement village is to be built south of Tokyo.



MiamiHerald.com I THE MIAMI HERALD


Credit card hack may be largest ever


aren't believed to have com-
mitted the TJX hack then
used the cards to buy $1 mil-
lion worth of electronics and
jewelry at Wal-Mart's Sam's
Club stores, according to
Gainesville police.
Information from 45.7 mil-
lion cards was stolen from
transactions beginning in Jan-
uary 2003 and ending Nov. 23
of that year, TJX said in the
filing with the Securities and
Exchange Commission after
business hours Wednesday.
TJX did not estimate the num-
ber of cards from which infor-
mation was stolen for transac-
tions occurring from Nov. 24,
2003, to June 28, 2004.
TJX said about three-
quarters of the 45.7 million
cards had either expired at
the time of the theft or the
stolen information didn't
include security code data
from the cards' magnetic
stripes. Starting in September
2003, TJX began masking the
codes by storing them in com-
puters as asterisks rather than
numbers, the company said.
The filing also said another
455,000 customers who
returned merchandise with-
out receipts had their data
stolen, including driver's
license numbers.
With at least 46 million
consumer records accessed,
the TJX case outranks the
previous largest case tracked
by the Privacy Rights Clear-
inghouse: a June 2005 disclo-
sure by credit card processor
CardSystems that hackers
accessed accounts of 40 mil-
lion card holders,

INFORMATION HACK: TJX, parent of T.J. Maxx, revealed that
information was stolen from at least 45.7 million debit
and credit cards over an 18-month period.

Clearinghouse director
Beth Givens said her San Die-
go-based consumer advocacy
organization's list includes
data breaches disclosed after
a 2003 California law required
firms to notify consumers.
The TJX case "will proba-
bly serve as a case study for
computer security and busi-
ness students for years to
come," Givens said. "This one
could be considered a worst-
case scenario."
One reason for that, she
said, is because of TJX's dis-
closure that it believes the
hacker or hackers "had access
to the decryption tool for the
encryption software utilized

by TJX."
TJX also said the hacker or
hackers used technology last
year that could have enabled
them to steal card data during
the approval process, when
data is transmitted to the card
issuer without encryption.
TJX also remains uncertain
of the theft's size because it
deleted much of the transac-
tion data in the normal course
of business between the time
of the breach and the time
TJX detected it.
"There is a lot of informa-
tion we don't know, and may
never be able to know, which
is why this investigation has
been so laborious," TJX

spokeswoman Sherry Lang
TJX says its computer sys-
tems were first breached in
July 2005 by a hacker or hack-
ers who accessed information
from transactions dating to
January 2003. TJX didn't find
out about the breach until last
Dec. 18, when it learned of
"suspicious software on our
computer systems."
The company then hired
outside investigators and
notified federal authorities
before issuing a Jan. 17 news
release. TJX says the month-
long delay in disclosing the
breach allowed it to work
with security experts to con-
tain the problem.
TJX said in the filing that
"substantially all stolen data"
from transactions in the
period Nov. 24, 2003, to June
28, 2004, were deleted. Lang
said the company Was investi-
gating why information stolen
earlier in 2003 wasn't rou-
tinely deleted.
Deleting such information
after transactions "should be
standard practice" to guard
against theft, said Taneja, the
security expert, but many
firms nevertheless don't fol-
low through.
TJX's filing says the com-
pany "does not know who
took this action and whether
there were one or more
intruders involved."
How far scams like the one
in Florida may have spread
because of the TJX breach is
"It's been all over the
world," said Bruce Spitzer,
spokesman for the Massachu-
setts Bankers Association.


Complaining can help travelers

*TRAVEL the vast majority of custom-
ers are satisfied, though sev-
plaints. The largest volume eral also acknowledged that
comes by e-mail (airconsu- they get four or five times as
mer@dot.gov), but DOTals2 waany complaints directly that
accepts letters to its Washing- the DOT never sees.
ton headquarters and calls to The monthly DOT tallies,
a voice mail (202-366-2220) available at http://aircon
where complaints can be sumer.ost.dot.gov/reports/
recorded. index.htm, do give consumers
Copies of every complaint a valuable scorecard on which
are sent by DOT to the airline airlines are doing well in cus-
involved, so involving DOT tomer service and which are
may be helpful to consumers suffering problems. Comn-
frustrated by unresponsive plaints about UAL Corp.'s
airlines, particularly hard-to- United Airlines nearly dou-
reach foreign carriers. DOT bled in 2000 over 1999 when
officials decide .if the com- the airline ran into labor
plaint falls into a category problems that disrupted
requiring government investi- schedules. Huge travel prob-
gation: Lost baggage liability, lems in Philadelphia during
late refunds, denied boarding the Christmas 2004 travel
on oversold flights and civil season pushed the rate of
rights, which include disabil- complaints about US Airways
ity and discrimination issues. Group up to five times its
Airlines found to have vio- December 2003 level.
lated federal rules can be
fined by the DOT. BEST AND THE WORST
Most complaints deal with Last year, United and US
flight issues cancellations, Airways ranked worst in comn-
delays and missed connec- plaints, based up complaints
tions. Last year, flight issues filed per passenger. South-
totaled 26 percent of the com- west had the lowest com-
plaints filed with DOT on the plaint rate for the year.
20 largest U.S. airlines. Bag- The reality of the airline
gage issues were a close sec- industry is that airlines fre-
ond, followed by customer- quently have to deal with bad
service and reservation-tick- weather and congestion both
eting issues. on the ground and in the sky.
Only a small percentage of The worse the weather or
travelers complain to DOT. congestion gets, the more
Last year, the DOT recorded complaints are filed, DOT
fewer than one complaint for says. Under pressure, airlines
every 100,000 passengers. disappoint passengers more
Airlines say that's a sign that frequently. Bags are lost, lines

grow long, phone banks have
interminable waits, employ-
ees become surlier, passen-
gers get stranded customer


service in the airline business
often is measured by how
well companies perform
under pressure.


Beef industry butchered by inflation changes


Argentine slaughterhouses
that are exporting less than
half of what they did before
the ban.
"In a free-market system,
these policies don't work,
especially over a long period.
Producers aren't going to
willingly lose money. They'll
find a way around the con-
trols." *
Such arguments haven't
stopped President N6stor
Kirchner's center-left govern-
ment from setting price con-
trols on everything from natu-
ral gas to clothing in a bid to
keep inflation in check, a
strategy with a long historical
precedent here. The govern-
ment has also banned exports
of wheat, wheat flour and
Government officials have

accused beef producers of rig-
ging domestic prices to match
the higher rates they could get
by exporting.
"The rascals want export
prices to rule in the internal
market," Kirchner's cabinet
chief Alberto Fernandez told
reporters recently. "This is
how they work against the
Many believe the president
will keep the controls in place
at least until after October's
presidential elections, in
which he or his wife, Sen.
Cristina Fernandez de Kirch-
ner, is expected to run.
Inflation is a crucial politi-
cal issue here, with many
Argentines still haunted by
memories of hyperinflation
during the 1980s that pushed
up prices by tenfold in some
The price of beef, in partic-

ular, hits close to home for
most Argentines, who eat
about 150 pounds of it a year,
or 50 percent more than the
average American.
So far, Kirchner's approach
has kept him popular, with his
approval ratings above 60
percent in most polls. But it's
also winning him powerful
Argentina's agriculture
industry is responsible for
about half of the country's
exports, and farmers have
staged work stoppages and
marches to protest what they
say has been a drop in profits.
Some employees of the
country's official statistics
agency also have accused
Kirchner of manipulating data
to underestimate the national
inflation rate, and top officials
have resigned in protest.
Despite the price controls,

inflation hit 9.8 percent
nationwide last year, the
Western Hemisphere's sec-
ond highest rate. The prices
of some items, such as school
tuition and movie tickets, rose
by multiples of the national
The problem, economists
say, is Kirchner has tried to do
two things at once keep a
lid on prices and spark rapid
growth, which is a priority for
an economy that shrank about
15 percent from 2001 to 2002
in an unprecedented collapse.
Encouraged by low interest
rates and growing wages,
Argentines are spending more
than they have in years, and
prices have risen as a result.
Meanwhile, the country's
economy has expanded by
more than 8 percent a year
since 2003.

Japan's baby boomers will start to retire this spring, triggering fears of a
labor shortage as the worker population shrinks.

Working-age _58.6%
population* 29.6
Percent change 24.3 23.8 21.6
forecast for s o 3.E
selected region,
2005-2050 'S .
*Population '
aged 15-64

Japanese population reaching
standard retirement age of 60
2.5 m million .... ...... ......... .. ...... ...........
2.0 .......... ............ .......

1.0 9

1980 '90 '0 '10 '20 '30 '40 '50


Japan's Individual financial
assets, by age group
Total: $13.1 trillion
20-29 1% ...........
30-396% I
40-49 15%
70+ 15% . 3

50-59 28%

SOURCES:Japanese Statistics Bureau; The Hartford Financial Services Group, Inc.; United Nations


Crisis looming

for Japanese


golden years as Japan con-
fronts the potentially dire
social and economic conse-
quences of societal aging and
moves to reform employment
and pension schemes.
Last year, the government
started requiring companies
to gradually raise the retire-
ment age to 65 or find other
work for aging employees.
The qualifying age for pen-
sion benefits will also slowly
increase from 60 to 65 to keep
the system solvent.
Already, more than 20 per-
cent of the population is 65 or
older, and that will rise to
more than 30 percent by 2050.
Boomers account for an esti-
mated 8.6 percent of the
workforce and their sud-
den disappearance from
Japan's offices and factories
would be a blow to the econ-
omy at a time when the over-
all labor force is shrinking.
"This has spurred concern
about the loss of laborers but
also the loss of a highly
skilled, highly capable group
of workers," said Atsushi
Seike, a Keio University econ-
omist and advisor to the gov-
ernment on social security
and aging issues.
Planners expect over half
the boomers to stay produc-
tive well past 60, and the gov-
ernment won't hazard a guess
as to how many will retire this
year, but Nippon Life Insur-
ance estimates some 1.12 mil-
lion will leave the workforce
over the next three years.
Although that's less than a
quarter of the over-60 work-
ers, Japan's boomer-retire-
ment wave is coming much
harder and faster than Ameri-
Japan's baby boom started
later than America's and


lasted three years compared
with 19 in the United States,
says John Rother, policy
director at AARP. I
"The U.S. has a healthier
economy, a growing popular-
tion aided by immigration,
and retirement institution.
like Social Security that
although now are under pres-
sure could be strengthened b'
small modifications," he said.
"That is not the case in
Japan." :
But Japan has an advan-
tage: It has a long-term care
program and "everyone has A
pension," Rother said.
"What's obvious is that we're
going to have to spend mord
on healthcare."
All sorts of new products
and services await the floo4,
of Japan's wealthiest-evet
generation into the leisur:
and real estate magkeqt ,,.
Boomers hold hn estiat
10 percent of total personal
financial assets in Japant
according to a 2004 study b'
Dai-ichi Life Research Instil,
tute. When that group it
expanded to include everyone
aged 50 and older in Japan
encompassing its substantial
elderly population, Hartforf
Financial Services Group oa
the United States estimate'
they hold a massive 80 pegi-
cent of those personal assets.:
The retirement bonanza
has attracted the attention od
American companies anI
organizations as well. Hart-
ford Life Insurance is market
ing mutual funds, annuities!
and other products in Japan,I
but it is battling a traditional
distrust of investment amon4
graying Japanese.
"Here in Japan... financial,
education is way behinI
where it needs to be," saii
Gregory Boyco, Hartford Lif
president and CEO.

Deal makers succeed-

despite slow market


The number of deals has
weakened year over year,
with the amount falling to
1,397 from 2,012 in 2006.
Meanwhile, the number of
U.S. deals has slipped 11 per-
cent from the fourth quarter
as companies were blindsided
by the global stock drop.
But what has helped main-
tain the level of mergers and
acquisitions in the U.S. is that
the economy hasn't fallen in
lockstep with the stock mar-
ket. The economy, while
showing signs of cooling,
doesn't appear to be slowing
In fact, this past week's
economic data showed that
gross domestic product is in
better shape than expected.
Government reports also
showed consumer and busi-
ness spending climbed, while
unemployment remains low.
Investment banks have
also been able to rely on a
steady stream of deals coming
from outside the United
States. The most impressive
amount coming from Ger-
many, which logged
$127.49 billion worth of first-
quarter deals up 188 per-
cent from last year, according

to Dealogic.
And there's no denying the
impact private equity firms'
had on driving the pace of:
deals during the first quarter.,
Buyout shops like Kohlberg
Kravis Roberts and Black-
stone Group use private:
investments to buy compa-
nies and restructure them as
private companies.
Unlike during the 1980s
when financiers like Carl.
Icahn were leading deals, pri-
vate equity firms now are
banding together to buy com-
panies. The biggest deal of the
first quarter was the acquisi-
tion of TXU, where the total
value including debt was the
highest amount for the big-
gest leveraged buyout in his-
tory at $4L8 billion.
In the United States, there
have been 192 private equity
deals worth $110.86 billion,
which represents 25 percent
of all acquisition activity.
Globally, there have been 575
private equity buyouts worth
$171.05 billion, up 15 percent
year-over-year. .
Bernard also points out
that no matter how the big
U.S. investment banks might
do during a market turn-
around, private equity doesn't
face the same obstacles.



Hotels delighted

by 'long overdue'

airport handover

* AN outside
view of the
British Colonial
Hilton hotel in
New Providence,
(FILE photo)

Tribune Business
The Bahamas Hotel
Association (BHA)
and its members have
heralded the "long overdue"
handover of Lynden Pindling
International Airport to the
Canadian management team
from Vancouver Airport Ser-
vices (YVRAS) as potentially
leading to an enhanced visitor
The official handover took
'place on Friday, and Russell
.Miller, the BHA's president,
told The Tribune that the
industry was extremely pleased
"the contract has finally been
S."We are very pleased that
(his has happened; it has been
a long time coming," he said.
'^We are delighted that the
necessary improvements will
be made. We look forward to
yvorking with and assisting the
Government in any way we
Mr Miller said he did not
.think the airport's condition
was a deciding factor in
whether persons returned to


(FILE photo)

the Bahamas, but acknowl-
edged that it could leave a bit-
ter taste in a visitor's mouth
on the way home if they had to
endure long lines and poor
He also responded to the
comments made by US ambas-
sador John Rood that air traf-
fic to the Lynden Pindling
International Airport has
decreased by 8-9 per cent since

June 2006.
"I don't know where his
numbers are coming from so I
can't comment, but we just
announced that our first quar-
ter numbers [for 2007] are
down slightly, which is not
overly alarming. We expect to
start the third quarter very
strong, and we expect the lev-
els to pick up from March,"
Mr Miller said.
Mr Rood last week
expressed concerns that in the
past two-and-a-half years, not
much had been done in terms
of beefing up security at the
Lynden Pindling International
Airport, but Mr Miller said he
did not think visitors felt
unsafe when they moved
through the airport.
"If anything, I think that
they appreciate the fact that
they have the first check point
downstairs and a second one
upstairs, because it makes
them feel there is a secure
process," he added.
British Colonial Hilton gen-
eral manager, Peter Webster,
said that the airport handover
was "fantastic."

SEE page 12B

For conditions of the sale and any other information, please contact:
Credit Risk Management Managing Director's Office
at: 356-1685 or 356-1608
Interested persons should submit offers in writing addressed to:
The Manager, Credit Risk Management Managing Director's Office,
P.O. Box N-7518, Nassau, Bahamas
to reach us before April 27, 2007


To All Our Customers And Friends




We will be CLOSED on Saturday April 7th, 2007
in observance of the Easter Holidays

TEL: 242-322-8396
VIAX: 242-323-7745
BOX N-1085

TEL/FAX: 242-393-4210 P.O.
TOLL FREE: 242-300-7035


LOAN # 1589/OC-BH
The Government of The Bahamas, through The Office of The Prime Minister (OPM),
has received a loan from the Inter-American Development Bank for the implementation
of a Land Use Policy and Administration Project (LUPAP).
OPM requires one (1) GIS Technician for services in the area of Geographic Information
Systems (GIS):
The GIS Technician will be responsible for collecting geographic data using
Global Positioning Systems, performing spatial analysis using ArcGIS, digitizing and
scanning maps, developing databases and producing maps in support of the development
of Geographical Profiles (GPs) of three Bahama Islands. The work will be performed
in The Bahamas (Nassau and other locations/islands in the Country).

Individual Consultants interested in providing services on the activity listed above should
respond to this Notice by sending a letter of interest and a Resume-prior to 4' April 2007
by email to the address below:
Administrative Assistant
Land Use, Policy and Administration Project
Office of The Prime Minister
Cecil Wallace Whitfield Building
P.O.Box CB-10980
Nassau, Bahamas
Tel: (242)327-5826
Fax: (242)-327-5806


St. Augustine, Trinidad and Tobago

Legal Aid Clinic
Applications are invited from attorneys-at-law for the post of Tutor at the Hugh
Wooding Law School Legal Aid Clinic, St. Augustine, Trinidad and Tobago. The
successful applicant will be expected to assume duties on September 3, 2007. The
position is a full-time one and no outside employment may be undertaken without
the prior approval of the council of Legal Education.
Applicants are required to have at least five (5) years practical, professional experience
including both criminal law practice and civil law practice particularly in litigions
work, personal injury cases, practice in family law, law of conveyancing and real
property applications and applications in respect of the estates of deceased persons.
The appointment will be on contract for three (3) years in the first instance and is
The duties and responsibilities of the post include:
Performing the duties of full-time attorney-at-law in the Legal Aid Clinic.
This includes representing clients in Court.
Supervising, instructing and teaching students in the practical aspects of their .
training. ... .
Participating in a regular assessment of relevant areas of the established .
curriculum with a view to the continued development of content and advancement
in teaching methodology.
Participating in activities to facilitate the training programmes of the Law
Schools of the Council of Legal Education.
Assisting the Director of the Legal Aid Clinic and performing any other duties
as assigned by the Principal.
The benefits attached to the post include:
(a) subsidized housing;
(b) motor car upkeep allowance;
(c) study and travel grant;
(d) book grant;
(e) vacation leave;
(f) contributory pension scheme on the basis of five percent (5) personal
contribution and ten percent (10%) contribution by the Council.
Where appropriate up to five (5) full economy class passages and baggage allowances
will be paid on appointment and on normal termination of appointment.
Six (6) copies of a letter of application, accompanied by curriculum vitae and
supporting documents, and the names and addresses of three (3) referees should be
sent not later than Friday, April 27, 2007 to:
P. O. BOX 323

S Lot of land with a combiried'rea of 11,500 sq.ft. being Lots #22 & 23 Kim Crescent in Baillou Dale Sub-
Sdivision off Baillou Hill Road. The property is comprised of an 18yr old single family residence consisting
of 2,000 sq.ft. with 3 bedrooms 2 bathrooms, living, family, dining, kitchen and laundry rooms. The
building is enclosed and landscaped with a grass lawn, flowering plants and fruit trees.
Utilities: Electricity, Water and Telephone.





Port 'asset stripping

LEBLANC agel78.ifor-
merlyfloffl NassauDandDu
longO timeD resident of
FreeportD passed awa\
quietly art herO home in
Garnettf Lane,] Freeport
onl Thursdayl evening

SheO isO survived byO herO onlyO son : Leo;O daughter-
in-law:O Ina;O twoO granddaughters;O NicoleO and
four sisters-in-law: Madelinel Farrington,O Rosie
Farrington,D 'andl CarolO Farringtonn andl June

A Memorial ServiceO wvillD beD heldO a t MaryO Stir


Magnificent Turn Key Home

imperils' Hawksbill

I By NEIL HARTNELL support of the group's origi- Office is taking an "inordi- about the alleged divestmer
Tribune Business Editor nating summons and bid for nately and unreasonably long" by the GBPA of its for-prof
declaratory relief from the time to approve its licence, assets, plus the actions of il

*r 1 embers of the
|/| Freeport Licencees
M land Property Own-
; l ers Association have alleged
that the "a deliberate corpo-
rate asset stripping" at the
Grand Bahama Port Authori-
ty (GBPA) has undermined
the Hawksbill Creek Agree-
ment's legal framework and
irj "systematically deprived" them
of their rights and property.
An affidavit sworn by Asso-
I' ciation members and trustees,
Christopher Lowe, Rawle
Maynard and Don Martin, in

Doris Johnson Subdivision

.. i I ,1 : "lIi .,.r o r ,'1 .Il I r *i- .r E r,.1 F11.,,' f,?:
%; jro ," r,.a l .:[- rn ,
.,. i r , i. ., : r .. ,. r [ ', fl: r r, L'_ F i-.,,, r.'

V .- . I I ,,I .h r i:li n
' i t -P i ._ I : 'lil: l-' 2 ,J' i. o i '(.'i.
A JJ-l ,i 'i :li.. l- i irl K .: !-. i. j ilt,,i i ll r .., ir .
I'.l L Pjice 2.4'-.Ij ,jr-. G rJi'ii
List Price; $243,000 (Gross)


'.I -

Supreme Court, alleges that
the actions of the GBPA and
its principals in relation to the
Port Authority's quasi-gov-
ernmental powers "threatens
the legal framework created
by the [Hawksbill Creek]
They alleged that unless the
Supreme Court granted the
declaratory relief sought, "we
fear that the Port Authority
and its principals (past and pre-
sent) will have successfully
amended the Agreement,
albeit indirectly, at the expense
of the other interested parties
which they are prohibited from
doing, and licencees and other
persons residing in the Port
area will have been irreparably
harmed and will have suffered
irremediable loss and dam-
The legal action was initiated
because the Association is
alleging that despite having
met the Companies Act's
requirements to be incorpo-
rated as a non-profit compa-
ny, the Attorney General's

The application was alleged-
ly made on November 30,
2006, and the Association is
claiming that the alleged delay
"cannot be justified under the
"We apprehend that our
effort to promote our interest
as an incorporated non-profit
trust, the Freeport Licencees
and Property Owners Associ-
ation, as enabled by the provi-
sions of the said Act, is being
unduly scruitinised ...'as a con-
sequence we are being imped-
ed and our interest in promot-
ing the objects and purposes
of the said trust to our mutual
benefit," the trio alleged.
The Association alleged that
past efforts by an unincorpo-
rated Freeport Licencees
Association had received sim-
ilar treatment from the Gov-
ernment, referring to an Octo-
ber 19, 1992, letter sent to then
Prime Minister Hubert Ingra-
ham that expressed concern


principals in relation to the
GBPA's rights and privileges.
Now, as a result of the own-
ership dispute between Sir
Jack Hayward and the late
Edward St George's estate,
these concerns had re-
The affidavit alleged: "The
revelations of self-confessed
appropriations by its principals
of the Port Authority's pro-
ductive (profit-making) assets
and capacities for their own
personal use and benefit over
the years unknown to
licencees, and simultaneous
claims by its principals of the
Pbrt Authority's lack of finan-
cial viability have only elevated
the worst fears of licencees,
that the Port Authority is and
has been the victim of a delib-
erate corporate assets stripping
scheme over the years, put into
effect by its principals."
Given that the Government
is still alleged to have a 7.5 per
cent stake in the GBPA, the
trio alleged in their affidavit
that the asset-stripping scheme
must either had the Govern-
ment's approval or it was indif-
ferent to it.
As a result, the Association
had no choice but to launch a
legal action to "safeguard the
inviolability and integrity of
the Agreement upon which
protection of our rights and
interest depend".
The actions of the GBPA
and its principals, the Associa-
tion alleged, had "imperiled
the viability of the legal frame-
work created by the [Hawksbill
Creek] Agreement for the
foundation and development
of the Port area as a commu-

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


Ambitious, hardworking and highly motivated Bahamian
couple sought to run established marina and restaurant
on Rum Cay.

Montana Holdings Ltd owners of Rum Cay Resort
Marina, currently under development have just acquired a sister
property, on the island of Rum Cay. Sumner Point Marina extends
over 26 acres across the south eastern corner of the island with
docking for 30 boats up to 160 ft in length, a newly refurbished 30
seater restaurant and guest accommodation for up to 16 persons.

Responsibilities include but are not limited to:-
all marina, restaurant and lodging operations;
Full P+L and budgetary accountability including F+B,
: reservations and inventory control.
'* Oversee all maintenance and repairs
Manage housekeeping of rental villas
Supervision of staff and suppliers.
Co-ordinate Montana client visits to Rum cay
Manage Montana Sales Office on Rum Cay

Skills and Attributes

minimum 5 years prior management in a similar establishment
Excellent marine, general engineering and maintenance skills
Experienced chef or professional qualification in hotel and
catering management
Superb organisational and administrative skills
Extremely computer proficient
Highly motivated self starters who have the will and talents to
operate a challenging business in a remote location with total

Remuneration package commensurate with experience, will include
competitive salary and benefits, return flights to Nassau, fully subsidized

Closing date for applications 04/04/2007.
H.R. Manager
Montana Holdings Ltd
P.O. Box N-9322
Nassau, Bahamas

Fax 677 3007
Email: island_developmentl@yahoo.com

Credit Suisse

(Bahamas) Limited
is presently considering applications for a
The position is open to candidates with the following minimum


Minimum of 10 years well rounded banking experience in
treasury/execution and related departments of an offshore bank
Strong management and leadership skills
Well versed in Swiss banking practices and standards
In-depth knowledge of international Money Market/Forex
Exchange Trading/Securities Operations/Execution, etc.
PC Literacy (MS Word, Access, Excel)
English is the required language; German and French would
be an asset
Proven track record


The candidate will be expected to:
Develop, recommend and ensure the implementation of the bank's
trading operation strategy
Monitor/evaluate the bank's position and oversee existing and
prospective trading activities
Provide advice and guidance in relation to treasury activities
Provide sales support to relationship managers

Personal Qualities:

Excellent organizational and communication skills
A commitment to service excellence
Ability to work under pressure and with minimum supervision

Benefits provided include:

Competitive salary and performance bonus
Pension Plan
Health and Life Insurance


Applications should be submitted to:
Human Resources Department
P.O. Box N-4928
Nassau, Bahamas
or via fax 356-8148









Visit our website at www.cob.edu.bs EDUCATING & TRAINING BAHAMIANS


Part-time Instructor in College Prep Geography (New Providence Campus) Candidates must be able to
teach Geography at the College Preparatory/BGCSE level. Candidates must have at least an earned
Bachelor's Degree in the subject area, a Teaching Certificate and five years of teaching experience at the
level of BGCSE in the subject area.
Part-time Instructor in College Prep Mathematics (New Providence Campus) Candidates must be able
to teach Mathematics at the College Preparatory/BGCSE level. Candidates must have at least an earned
Bachelor's Degree in the subject area, a Teaching Certificate and five years of teaching experience at the
level of BGCSE in the subject area.
Part-time Instructor in College Prep Biology (New Providence Campus) Candidates must be able to teach
Biology at the College Preparatory/BGCSE level. Candidates must have at least an earned Bachelor's
Degree in the subject area, a Teaching Certificate and five years of teaching experience at the level of
BGCSE in the subject area.
Part-time Instructor in College Prep Chemistry (New Providence Campus) Candidates must be able to
teach Chemistry at the College Preparatory/BGCSE level. Candidates must have at least an earned
Bachelor's Degree in the subject area, a Teaching Certificate and five years of teaching experience at the
level of BGCSE in the subject area.
Part-time Instructor in College Prep Agriculture (New Providence Campus) Candidates must be able to
teach Agriculture at the College Preparatory/BGCSE level. Candidates must have at least an earned
Bachelor's Degree in the subject area, a Teaching Certificate and five years of teaching experience at the
level of BGCSE in the subject area.
Part-time Instructor in College Prep History/Social Studies (New Providence Campus) Candidates must
be able to teach History/Social Studies at the College Preparatory/BGCSE level. Candidates must have
at least an earned Bachelor's Degree in the subject area, a Teaching Certificate and five years of teaching
experience at the level of BGCSE in the subject area.
Part-time Instructor in College Prep Civics (New Providence Campus) Candidates must be able to teach
Civics at the College Preparatory/BGCSE level. Candidates must have at least an earned Bachelor's
Degree in the subject area, a Teaching Certificate and five years of teaching experience at the level of
BGCSE in the subject area.
Part-time Instructor in College Prep English Language (New Providence Campus) Candidates must be
able to teach English at the College Preparatory/BGCSE level. Candidates must have at least an earned
Bachelor's Degree in the subject area, a Teaching Certificate and five years of teaching experience at the
level of BGCSE in the subject area.
To ensure consideration, application materials must be received by April 30, 2007. A complete
application packet consists of an application Letter, a College of The Bahamas' Application Form
a detailed curriculum vitae, copies of transcripts (original transcripts required upon employment)
and the names and contact information of three references addressed to:
The Director
Human Resources
The College of The Bahamas
Oakes Field Campus
Thompson Boulevard & Poinciana Drive
P. 0. Box N-4912
Nassau, Bahamas

Part-time Instructor in Accounting for Beginners I, II & III (New Providence Campus)
Candidates must be able to teach Accounting at the introductory to advanced level. Candidates must
have at least an earned Master's degree or equivalent (e.g. CPA CA) in the subject. A teaching certificate
is desirable.
Part-time Instructor in Introduction to Business I & II (New Providence Campus)
Candidate must be able to teach Introduction to Business at the introductory to advanced level. Candidates
must have at least an earned Master's degree or equivalent in the subject. A teaching certificate is
Part-time Instructor in Business Etiquette (New Providence Campus)
Candidates must be able to teach Business Etiquette at the introductory to advanced level. Candidates
must have at least an earned Bachelor's degree or equivalent in the subject. A teaching.certificate is
Part-time Instructor in Human Resource Management I, II (New Providence Campus)
Candidates must be able to teach Human Resource Management at the introductory to advanced level.
Candidates must have at least an earned Master's degree or equivalent in the subject. A teaching certificate
is desirable.
Part-time Instructor in Computer Applications I, II (New Providence Campus)
Candidates must be able to teach computer courses at the introductory to advanced level. Candidates
must have at least an earned Bachelor's degree or equivalent in the subject. A teaching certificate is
Part-time Instructor in Credit & Collections Procedures and Control I & II (New Providence Campus)
Candidates must be able to teach Credit & Collections Procedures and Control at the introductory to
advanced level. Candidates must have at least an earned Master's degree or equivalent in the subject.
A teaching certificate is desirable.
Part-time Instructor in Superior Customer Service Workshop (New Providence Campus)
Candidates must be able to teach Superior Customer Service /Course Workshop. Candidates must have
at least an earned Bachelor's degree or equivalent in the subject. A teaching certificate is desirable.
Part-time Instructor in Information Technology I & II (New Providence Campus) Candidates must be able
to teach Information Technology I & II at the introductory to advanced level. Candidates must have at least
an earned Bachelor's degree or equivalent in the subject. A teaching certificate is desirable.
Part-time Instructor in QuickBooks (New Providence Campus) Candidates must be able to teach QuickBooks
at the introductory level. Candidates must have at least an earned Bachelor's degree or equivalent in the
subject. A teaching certificate is desirable.
Part-time Instructor in PC Upgrade and Repair (New Providence Campus) Candidates must be able to
teach PC Upgrade and Repair at the introductory to advanced level. Candidates must have at least an
earned Bachelor's degree or equivalent in the subject. A teaching certificate is desirable.
Part-time Instructor in Effective PowerPoint W/S (New Providence Cam us) Candidates must be able to
teach Microsoft PowerPoint at the introductory to advanced level. Candidates must have at least an
earned Bachelor's degree or equivalent in the subject. A teaching certificate is desirable.
Part-time Instructor in Web Page Design Workshop (New Providence Campus) Candidate must be able
to teach Web Page Design at the introductory to advanced level. Candidates must have at least an earned
Bachelor's degree or equivalent in the subject. A teaching certificate is desirable.
Part-time Instructor in Interior Decorating I & II (New Providence Campus) Candidates must be able to
teach Interior Decorating at the introductory to advanced level. Candidates must have at least an earned
Bachelor's degree or equivalent in the subject. A teaching certificate is desirable.
Part-time Instructor in Floral Design I, II & Ill (New Providence Campus) Candidates must be able to teach
Floral Design at the introductory to advanced level. Candidates must have at least a minimum of five years
working experience in the area.
Part-time Instructor in Effective Writing Skills (New Providence Campus) Candidates must be able .o teach
Effective Writing at the introductory to advanced level. Candidates must have at least an earned Bachelor's
degree or equivalent in the subject or related area. A teaching certificate is desirable.
Part-time Instructor in Basic of Freehand Cutting I & II (New Providence Campus) Candidates must be
able to teach Basic of Freehand Cutting at the introductory to advanced level. Candidates must have at
least five years working experience in the area.
Part-time Instructor in Drapery Making I & II (New Providence Campus) Candidates must be able to teach
Drapery Making at the introductory level to advanced level. Candidates must have at least a minimum
of five years working experience in the area.
Part-time Instructor in Bath and Kitchen Accessories (New Providence Campus)
Candidates must be able to teach Bath and Kitchen Accessories at the introductory level to advanced
level. Candidates must have at least a minimum of five years working experience in the area.
Part-time Instructor in Basic Car Maintenance (New Providence Campus)
Candidates must be able to teach Basic Car Maintenance at the introductory to advanced level. Candidates
must have at least an earned Bachelor's degree or equivalent in the subject.
To ensure consideration, application materials must be received by April 30, 2007. A complete
application packet consists of an Application Letter, a College of The Bahamas' Application Form
a detailed curriculum vitae, copies of transcripts (original transcripts required upon employment)
and the names and contact information of three references addressed to:
The Director

Human Resources
The College of The Bahamas
Oakes Field Campus
Thompson Boulevard & Poinciana Drive
P. 0. Box N-4912
Nassau, Bahamas

(New Providence, Bahamas)

Lean Mastery
Human Resource Management
Business Administration
Administrative Skills
Supervisory Skills
Public Accounting
Project Management
Professional Management
Executive Leadership Skills
Writing & Research Skills
The Legal Environment
General Legal Principles
Employment Law
Company Law
Banking & Trust Law
Real Estate Law
Real Estate Management
Insurance Management & Sales
Insurance Law
E-business Practice & Management
Hotel Front Office Management
Accounting For Non-Financial Managers

All candidates must have earned Masters' Degrees from a recognized accredited institution in tthl
relevant area or its equivalent.

To ensure consideration, application materials must be received by April 30,2007. A complete
application packet consists of an Application Letter, a College of The Bahamas' Application Form
a detailed curriculum vitae, copies of transcripts (original transcripts required upon employment)
and the names and contact information of three references addressed to:

The Director
Human Resources
The College of The Bahamas
Oakes Field Campus
Thompson Boulevard & Poinciana Drive
P. 0. Box N-4912
Nassau, Bahamas



The College of the Bahamas invites applications for the following post:
Assistant, Alumni Relations & Development
DIVISION: Office of the President
UNIT: Alumni Relations and Development

START DATE: May 1, 2007


Working out of The Office of the President, in a team under the joint direct supervision of
the Development Officer and Alumni Relations Director, the Alumni Relations & Development
Assistant is responsible for the day-to-day administration of alumni and development
activities. The Alumni Relations & Development Assistant participates in all fundraising
activities including donor and alumni events, database maintenance, information/record
management, alumni and donor research, mailings, and special events. The successful
candidate will be someone with strong organisational skills who is a good communicator
both verbally and in writing and who enjoys team work. This is an excellent opportunity
for someone who is also creative and who will enjoy working with others to build a new
Alumni Relations and Development Department at The College/University of The Bahamas.

Process donations and prepare acknowledgement letters and other correspondence
Maintain foundation, corporation, individual donor and alumni record files
Create fundraising reports and other database reports as needed
Continually create, update and correct database records
Conduct preliminary research on prospective corporate foundation and individual
Coordinate productions and mailing of appeal letters
Send appropriate documentation to process credits to donors
Maintain guest lists, gather and prepare registration materials and other duties as
assigned for fund-raising and alumni events
Handle all administrative details associated with committee meetings (i.e. prepare
and distribute notices, agendas, minutes, etc.).
Prepare media materials for distribution. (i.e. copying, filing, mailing, e-mailing)
Assemble media and donor kits for events and meetings.
Other duties as assigned

Associates or bachelor's degree
Proficiency in Microsoft Word, Excel and PowerPoint
Capacity to manage substantial volumes of email correspondence and to organize
meetings using calendaring technology
Database maintenance and data entry experience
Excellent written and verbal communication skills
Ability to present information concisely and effectively, both verbally and in writing
Ability to organize work and to manage competing priorities
* Proven accuracy and attention to detail
Proactive work ethic and ability to take initiative towards agreed upon goals
Excellent interpersonal skills
A team player and overall pleasant disposition

While the normal candidate will have administrative experience, consideration will be given
to any entry level candidate who has demonstrated the capacity to excel, who is an excellent
organizer, who has strong communication and interpersonal skills and who demonstrates
an excellent attitude and willingness to learn and work effectively in a team setting.

The following statements are intended to describe the general nature and level of work being
performed. They are not intended to be construed as an exhaustive list of all responsibilities,
duties and skills required of the Alumni Relations & Development Assistant

Compensation is commensurate with qualifications and experience.

To ensure full consideration, interested candidates should submit a College of The Bahamas
Application Form, a comprehensive resume and a cover letter of interest. To expedite the
appointment procedure, applicants should request that three referees send references under
confidential cover directly to the address listed below on or before April 5, 2007:

Human Resources Department
The College of The Bahamas
Ground Floor, Administration Building
Thompson Blvd and Poinciana Drive
P O Box N 4912
Nassau, Bahamas


Please visit our website at www.cob.edu.bs for more information about the College and
to access the College's Employment Application Form.

PAGE 88, MONDAY, APRIL 2, 2007 __




Visit our website at www.cob.edu.bs EDUCATING & TRAINDh


'ACCA900 01 ACCA FOR BEGINNERS I 6:00pm-8:00pm Mon/Wed 7-May 10 wks $250
ACCA901 01 ACCA FOR BEGINNERS II 6:00pm-8:00pm Mon/Wed 7-May 10 wks $275
:CA902 01 ACCA FOR BEGINNERS III 6:00pm-8:00pm Tues/Thurs 8-May 10 wks $300

,JLST900 02 SUPERIOR CUSTOMER SER. W/S 9:30am-4:30pm Thurs 29-Mar 1 day $170
fiyUST900 01 SUPERIOR CUSTOMER SER. W/S 9:30am-4:30pm Thurs 31May 1 day $170
oU8900 01 CREDIT AND COLLECTIONS I 6:00-9:00PM Thurs 10 May 8 wks $225
BUSIOGI 01 CREDIT AND COLLECTIONS II 6:00-9:00PM Tue 8-May 8 wks $250

COMP901 01 COMPUTER APPLICATIONS I 6:00pm-9:30pm Mon 7-May 9 wks $450

cOMP901 02
MP902 01
pMP941 01



5-Mav 9 wks

PPLICATIONS II 6:00pm-9:30pm Thurs 10May 9 wks $550
._______ 6:00pm-9:00pm Tues 8-May 6 wks $330

iP J U1 rI. UPru DUC & ncrEAI UI0"0 op.npmovupIim Mion/Wedu 7t-maiy w.sa *.,u
o I9 01 EFFECTIVE POWERPOINT 9:30am-4:30pm Thurs 31May 1 day $170
01 WEB PAGE DESIGN WORKSHOP 930am-4:30pm Thurs 14-Jun 2 days $550

OR800 011 FLOIAi DESIGN I 6:00pm-9:00pm Thurs 10May 10 wks $225
FLOR801 01 FLORAL DESIGN II 6:00pm-9:00pm Tues 8-May 10 wks $250
FLOR802 01 FLORAL DESIGN III 6:00pm-9:00pm Mon 7-May 10 wks $300
DECOO 01 INTERIOR bECORATING I 6:00pm-9:00pm Wed 9-May 10 wks $225
ENG 900 01 EFFECTIVE WRITING SKILLS 6:00pm-9:00pm Tues 8-May 8 wks $225
MASG900 01 MASSAGE THERAPY ESSENTIALS I 6:00pm-9:00pm Thurs 10May 10 wks $465
MASG901 01 II 6:00pm-9:00pm Mon 7-May 10 wks $620
HLTH800 01 GROUP FITNESS INSTRUCTOR I 6:00pm-9:00pm Wed 9-May 10 wks $400
MGMT000 01 HUMAN RESOURCE MGMT I 6.00pm-9:30pm Thurs 10May 9 wks $250
MGMT901 01 HUMAN RESOURCE MGMT II 6:00pm-9:30pm Mon 7-May 9 wks $300
SEW 800 01 BASIC FREEHAND CUTTING I 6:00pm-9:00ipm Mon 7-May 10 wks $225
SEW 802 01 BASIC FREEHAND CUTTING II 6:00pm-9:00pm Thurs 10May 10 wks $250
SEW05 1 01 DRAPERY MAKING I 6:00pm-9:00pm Tues 8-May 10 wks $225
ENQUIRIES: Contact the Co-ordinator at Tel: (242) 325-5714 (242) 328-0093/328-1936/302-4300 ext
5202 or email: persdev@cob.edu.bs
AII fees are Included with the exception of the application fee of $40.00 (one time).
CEES reserves the right to change Tuition, Fees, Course Content, Course Schedule and Course materials.
. ............................ I ... ...... ........................ ..... ............ ...... ..... ........ ......... .................................................................


Computer Offerings Summer 2007


b seoDecription: ,,',This coutse;isfor the begihneir who knows very little abput computers ,
z .- -.' an does~ppt3iderstal how it works., This course covers the major
3 .". ... ,,.: puteicts wit c eq W pds on practice of various software using:
T(I)Microsoft-Office Woid Processing (ii) Microsoft Excel Spreadsheet (iii)
Microsoft Access Database Management.

ir_-requisite: None
hlgins: Monday, 7'h May 2007 6:00pm 9:30pm Section 01 (CEES)
?ii Saturday, 5th May 2007 10:00am 1:30pmSection 02 (CEES)
ration: 9 weeks
anue: CEES Computer Lab
ytition: $450.00

urse Description: This course covers the major advanced concepts with extensive hands on practice
of various software using: (I) Microsoft Office Word Processing (ii) Microso
Excel Spreadsheet (iii) Microsoft Access Database Management.
3r -requisite: 'Computer Applications I
334gins: Thursday, 10 May 2007
f igne: 6:00pm 9:30pm
Auration: 9 weeks
3/1nue: CEES Computer Lab
y4s $550.00

S'lis workshop is designed to provide participants with an overview of the fundamentals of Microsoft
ylqwerPoint. It focuses on developing effective a0d dynamic PowerPoint presentations.
cre-requisite: None
j33gins: Thursday, 31" May 2007
rilne: 9:30am 4:30pm
IWration: 1 day
i/4nue: CEES Computer Lab
yes: $160.00

I Durse Description: This course i a hands-on introduction to technology systems for use in information
Environments. The course will cover the following topics: Basic Hardware,
" Operating Systems, Troubleshooting and Repairs.
r-l 4ui4el None
'34gins: Monday 7th May 2007
r(ne'i:' 6:00pm-. 8:00pm Monday & Wednesday
traion: 9 weeks
ei:nue BHTC Computer Lab
14s: $500.00

nrse De.cription: This course is designed to train new and existing small business entrepreneur
Ur (fewer than 20 employees) how to organize and manage their accounting
activities using QuickBooks Pro software. Students will learn how to set-up
their company files, chart of accounts, budget, customers, vendors and employee
i-requisite: None
gins: Tuesday, 8 May 2007
rflne: 6:00pm 9:00pm
t4ration: 6 weeks
Vnue: CEES Computer Lab
24es: $330.00

;COurse Description: This course, which targets persons who would like to create their personal we
* pages will cover Web page creation, Web site management, and HTML. Specif
5 !topics will include Formatting, Graphics, Multimedia, Forms and Tables and
hosting of web pages.
:4-requisite: Participants must be computer literate and have a basic knowledge of word-
Begins: Thursday, 14" & 15'" June 2007
A'ne: 9:30am 4:30pm
ration: 2 days
tmnuc: CEES Computer Lab
p' es: $5510).00
* 3
EhQUIRIES: Contact the Co-coordinator at Tel: (242) 302-4300 ext 5201 5202 5205 or email
-fIes are included with the exception of the application fee of $40.00 (one time). When submitting
|W plication, kindly provide copies of the first four pages of your passport. CEES reserves the right to
S'yiw', lTuition. F''f., Coarse Confrnt. Cm0ir, STchcduil' ,rod (,lu ,r






International Conference

Abolition of the Trans-Atlantic Slave Trade: Telling the Story
The College of The Bahamas
February 21-23, 2008
Nassau, The Bahamas

Call for Papers

The College of The Bahamas will host the Conference: "Abolition of The Trans-Atlantic
Slave Trade: Telling the Story, February 21-23, 2008 at the Oakes Field Campus, Nassau.

Abstracts of approximately 200 words are invited on the following topics:
* Language and Oppression
* Religion in Slavery: Agent Provocateur or Opiate?
* Slavery and Human Sensibility
* Power and Enslavement
e Kinship across the Diaspora
* Identity: Culture, Race and Gender
* Enslavement and Liberation: Pedagogy
* Liberation: Ideologies, Contexts and Dynamics
* Liberation: Simple Past or Present Continuous?

Please send abstracts as an attached Word file to Jessica Minnis, Chair of the Conference
Committee at ahbolitionconference@cob.edu.bs no later than Friday, August 31, 2007.

Conference Structure

The conference will feature 20-minute papers from all disciplines, followed by 10-minute
discussions, presented in concurrent and plenary sessions. Panel and poster proposals
will also be considered. Such proposals should be as complete as possible.

Submissions (an electronic copy) should be directed to:
Jessica Minnis
Associate Professor
School of Social Sciences
The College of The Bahamas
Oakes Field Campus
PO Box N4912
Nassau, Bahamas
E-mail: abolitionconf@cob.edu.bs

Deadline for Submission: Monday, December 31, 2007.
Accommodation for Non-Resident Delegates

Information will be forthcoming.


Three Days:
Day Rate:
Late Registration Fee:
Student Rate:
Student Day Rate:

$ 75.00

Fr i formation on the availability of student subsidies, please contact:
Ve President Research, Graduate Programmresand hternational Relations
T 42) 302 4455
Rg tration is open and online at http://www.cob.edu.bs/abolitionconf.php.

Office of Research, Graduate Programmes & International Relations
In conjunction with the Offices of Academic Affairs and Outreach

Summer Research Workshop Series 2007
30th April- 11th May 2007
Gerace Research Centre, San Salvador

An Exceptional Opportunity for Building Research and Writing Skills
Participants Completing Earn Continuing Education Units (CEUs)
Summer Research Workshop Series 2007 is designed to build research capacity through the
honing of critical research and writing skills as well as grant writing. In addition, the inclusion
of the module on marine pollutants provides a forum in which College/University faculty can
work in concert with governmental and non-governmental agencies on national issues:
Participants will select two of the following three modules:
Module I--Essentials of Technical Writing-(36 hours = 3.5 CEUs)
Facilitator: Dr. Padma T. Venkatraman, Coordinator of Graduate Diversity, University of
Rhode Island
This modules in scientific writing has three main goals: (1) to show participants how to write a
technical manuscript (including, but not limited to a scientific research paper, a proposal to a
funding agency, or a thesis or dissertation) and to make informed choices about its content,
structure, and style; (2) to show how to use the English language to communicate the desired
message clearly, unambiguously, and efficiently; and (3) to show how to use the language to
communicate the message to the widest possible audience.
Module II-Principles of Grant Writing (36 hours = 3.5 CEUs)
Facilitator: Nancy B. Bell, Ph.D., Research Image (a worldwide research infrastructure service),
Marble Falls, TX
The goal of Principles of Grant Writing is to enhance the faculty-initiated grant application. The
objectives are to: 1). Determine the grant application requirements, review criteria and organization
required by the RFP; 2). Write integrated goals, hypotheses, objects, and outcome measures for
a scholarly project; 3). Match budget requirements and limitations to the project scope; 4). Prepare
a project summary and project plan draft; 5). Evaluate project design for innovation, importance,
feasibility, and significance; 6). Use tools to streamline and organize the application preparation
process; and 7). Evaluate studies involving human and animal subjects for appropriateness.
Participants will work in groups on interactive assignments to explore academic and scholarly
multidisciplinary strengths for possible future collaborations.
Module III-Introduction to Marine Pollution (3.5 hours = 3.5 CEUs)
Facilitator: Dr. Rainer Lohmann, Assistant Professor, Graduate School of Oceanography,
University of Rhode Island
This module is an introduction to marine pollution emphasizing geochemical aspects of the
sources, transport, fate and effects of pollutants in the coastal marine environment. The pollutants
include oxygen-demanding waste, petroleum, metals, synthetic organic and radioactive/solid
wastes. Risk assessment and specific case histories will also be used to evaluate the environmental
impact of the pollutants.
EXPLANATION OF CEUs (Continuing Education Units)
Contact Hours per Module = 21
Group Contact/Session Collaboration = 5 per Module
Preparation/Individual Work = 10 hours per Module
TOTAL per Module = 36 (3.5 CEUs per Module)
Targeted Audience: The College of The Bahamas faculty, staff and representatives of government and non-
government organizations
Estimated number of participants: 10-15 persons per module
S $820.(X00 per internal participant (Includes workshop fees--$300--plus room and board at GRC)
$1,015.00 per external participant (Includes workshop fees--$300--plus and room and board at GRC)
Participants will be accommodated at GRC on a first come first served basis (all rooms are double occupancy.
Overflow will be referred to Riding Rock at $145 per night, double occupancy.
For further information and registration, please contact:
Dr Linda Davis, Vice President. Research. Graduate Programmes & International Relations
Tel: (242) 302 4315
E-mail: ladavis@cob.edu.bs
Mr Shan Higgs, Senior Clerk
Tel: Tel: (242) 302 4455
E-mail: shig s(cob.edu.hs

* I B I l "P"R I II J l !J l

I LA"ru I crw.

]---nn.-A-nn- I ummad

"7 -lMa I q k

I bt- i ioncAnt A crIDA192

in F


Developer submits draft

Agreement for the San

Salvador resort project



-- '. ^ n

Culinary & Hospitality Management Institute


co(me M mIA. trSAy S TIMW furloftlO Ml1 V I- sher-.
* *M AV'
".cSt ro"xf

I BahamimCuisine COOKSO6 May17 6waks Ttm. 600-9:00pm $22500 $10S.$12pctwek CHMIMain 15
2* ounxm Cookig Is COOK 23 May 14 6w*ks Mon. 6.00-9:00pmn $200.00 $20ptr week CHMI Main 15
I _____ Kitchen
3. Goint*rCooking I COOK 824 May14 6weeks Mon. 6:00-9:00p.n $225.00 20 per week CHMI Main 15
c4. Cake&Pamy Makln I COOK13 May15 week. TTueFmlr 6:00-9:00pm $225.00 $10.$15perweek CHMILaTder 15
5. cae& PaPryMakIJ n COOK 814 May 15 5 weeks Tte,'nurs 6:00-9:00pm $250.00 10 I- 15 per wctk CHM(Pastry 15
6. Ba4 M4aking COOK I10 May 14 6weks M 6.00-9:00pm $200.00 $5-10perweek CHMI Lcr IS
7. Cake Decoratin COOK17 May14 5 weeks Mon/Wed 6:00-9:00p.m $225.00 $10-$5lperwtek CHMILandcr 15
8. CakeDecorationa I COOK81S May14 5 week Moo/Wed 6:00-9:00pm $225.00 $10- 15perweek CHMI Pay 15
Kitchen N
I .^ ^ i i^c ^ ^ ^ i * f,> 1-. i a ^ ^ ^

TFor further information please contact the Industry Training Department
of the Culinary & Hospitality Management Institute at 323-5804, 323-
|6804 or fax 325-8175.


Library and Media Services

Librarian Technical Services
The position falls in the area of Technical Services. The incumbent should be dynamic,
innovative individual with a strong commitment to service within a diverse community.
The Librarian will demonstrate successful administrative experience in a library, sound
understanding of emerging technologies and the ability to use them within the library
setting and commitment to developing a strong integrated library service within the
academic environment.
The duties of the Librarian will include management of the Unit, leadership in short and
long range planning to enhance and expand library services, development and promotion
of library resources and services, personnel supervision, initiation and management of
appropriate emerging technologies, and liaison with relevant internal and external groups.
The Librarian should possess a Master's degree in Library and Information Science from
an accredited institution, and a minimum of two years, post Masters professional library
experience. The incumbent will demonstrate strong communication and interpersonal
skills that engender an excellent customer friendly environment. Evening and weekend
work on rotation, library research, service to the community and library instruction will
also be required.
To ensure consideration, application materials must be received by April 30, 2007.
A complete application packet consists of an application letter, a College of The
Bahamas' Application Form, a detailed curriculum vitae, copies of all transcripts
(original transcripts required upon employment) and the names and contact
information for three references addressed to:
"SThe Director -j
Human Resources
The College of T he Bahamas
Oakes Field Campus
Thompson Boulevard & Poinciana Drive
0. .Box N-4912 .
Nassau, Bahamas
Please visit the Colleges website at for more Information about the Institution and
to access the College's Employment Application Form.


Human Resources Department

Applications are invited from suitably qualified individuals for the following position in.
the Human Resources Deprirtmen.t:

Applicants must possess the ability to keep up with a quick paced office environment,
track the schedules of staff and their responsibilities, exhibit good public relations,
customer service and marketing skills. The Human Resources Clerk must be able to work
in a dynamic team environment as well as be proficient with Windows Operating System
# and Microsoft Office Word, Excel, and Publisher. This person must be able to use office
equipment inclusive of computers, scanners, printers, fax machines, calculators, etc.
The successful applicant must hold an Associate Degree and at least three to five years
: post qualification work experience.

$18,100 x $500 TO $27,100
Interested candidates should submit an up-to-date resume with supporting documents
through their Head of Department by Friday, April 6, 2007 to:
The Director
Human Resources Department
The College of The Bahamas

SUMMER 2007 Beginning April 16th
* LOCATION: Munnings Building (next to KFC at the COB Roundabout, 2nd Floor, Room 15)
* PRICE: $ 250.00 per course
SDURATION: 4 hours per week for 7 1/2 weeks, total course hours: 30 hours
STELEPHONE: 302-4584 or 302-4587
Communication: The Key to Global Understanding

FROM page 1B

one resort, then the next week
mat the other.
One advantage for Montana
Holdings in San Salvador is that
due to the presence of Club
Med, that island already has
much-needed infrastructure
such as roads and the airport in
place, as opposed to Rum Cay,
where it is redeveloping the air-
port and putting in the neces-
sary utilities and supporting

FROM page 2B

cent over the same period last
Net interest income grew to
$7.3 million from $7.1 million
year-over-year, while provi-
sions for-loan losses declined
by $4,000 to total $113,000.
Total income increased by
$312,000 to total $8.1 million,
compared to $7.8 million in the
2006 first quarter. Income from
fees and commissions grew by
$115,000 to $926,000, while
operating expenses grew by
$198,000 or 7.5 per cent to total
$2.8 million. Earnings per
share increase by $0.01 to $0.20
as at January 31, 2007.
Total assets grew by $13 mil-
lion or 2 per cent to stand at
$660.8 million as at January 31,
2007. FIN grew its loan book
by $12.2 million or 2.2 per cent
to $571.7 million, while
deposits increased by $9.2 mil-
lion to total $555.2 million.
Return on shareholder's
equity stood at 23.01 per cent
for the 2007 first quarter com-
pared to 22.62 per cent for the
same period in 2006.

infrastructure itself.
"The airport in San Salvador
is already in place and the run-
way does not need extending;
it can take all the planes we
need it to," Mr Perkins said.
Due to Club Med's presence,
the island already attracts direct
The Montana Holdings prop-
erty will likely complement
Club Med, which is all-inclusive
and caters largely to European
customers, whereas the Rum

Cay Resort developer is likely
to pitch more to Americai's,
Canadians and Europeans.
Tribune Business reported
last month how the Rum Cay
Resort Marina project had tak-
en a "huge step forward" after
receiving all the necessary gov'
ernment approvals and permits
to extend the runways at the
island's existing airstrip alid
construct an expanded airport
terminal that will be the thiX
largest in the Bahamas. ,I

International Markets


Weekly %Change.





Crude Oil

Weekly %Change
$65.62 5.45'
$663.00 0.84-

International Stock Market Indexes:

Weekly %ChangeA

S & P500



Doctors Hospital Health II to the position of chief exec-
Systems (DHS) utive. In his new role, Mr Sealy
will be responsible for the dia-
THE DHS Board of Direc-, today activities ofthethospital
tbrs arinodnced this week the 'and will report to DHS's pres-
appointme6~dtff Charles Sgaly ''ident and Board of Directors.

a I





Pursuant to Section 15(2) of The Financial Intelligence Unit
Act, 2000, the public is hereby notified that, the revised
Suspicious Transactions Guidelines Relating to the
Prevention of Money Laundering and the Financing of
Terrorism (The "2007 Guidelines") for financial institutions
within The Commonwealth of the Bahamas have been issued
and are effective as of 19th March 2007.

The 2007 Guidelines replace those Guidelines issued in
December 2001.

Copies of the 2007 Guidelines can be obtained between the
hours of 9a.m. to 5p.m. Monday through Friday, from the
Administrative Offices, The Financial Intelligence Unit, 3rd
Floor, Norfolk House, Frederick Street, Nassau, The Bahamas.

Anthony M. Johnson
Financial Intelligence Unit
P.O. Box SB 50086
Nassau, The Bahamas

, -N "7 1








Licencees se, k court answers

over GBPA's

asset transfers

The Association also wants
the Supreme Court to deter-
mine whether the GBPA has
breached two sub-clauses in the
original 1955 Hawksbill Creek
Agreement, stipulating that the
agreement cannot be altered
without the consent of all three
of the Government, GBPA and
80 per cent of licencees, through
the transfer or disposal of
"ownership and/or control" of
the productive assets.
Among the transactions in

I, I



*'~4 I

Discover a rewarding and
I challenging career catering to the
country's visitors in the exciting
retail jewelry business!!!

Do You Have What it Takes?

Confident? A Leader? Self Motivated?
Professional? Mature (25 yrs or older)? Dedicated?
If the answer isYES then take the next step
FAX RESUME TO 326-2824

(No.46 of 2000)



IBC No. 133836B
In Voluntary Liquidation

NOTICE is hereby given that in accordance with
Section 137 (1)(g) of the International Business
Companies Act No. 46 of 2000, Adalar Enterprises
Limited has dissolved and has been struck off the
Register of Companies with effect from the day of 5th
of March 2007

Liquidat '

question is "the f
acquisition and owi
a 50 per cent stake
Bahama Power Co
BISX-listed ICD
which was incorpora
by Sir Jack and the
George as a holding)
for their stake in the
The. originating
alleged that ICD
obtained its 50 per
in Grand Bahama I

NOTICE is hereby
demand against the
duly certified in wr'
day of June 2007 al
distribute the assets
he shall then have I

I, Tareq AI-Mudha
certify that the win
been completed in

ship" of
i Grand
pany by
J in 1993
te Mr St

nt stake
wer "for


v~v' T'

I I I ,

no or inadequate consideration"
from the Grand Bahama Devel-
opment Company (Devco), pri-
or to Sir Jack disposing of his 50
per cent stake in ICD Utilities
via an initial public offering
(IPO) in the mid-1990s.
It also questioned whether
the 1993 sale of the remaining
50 per cent of Grand Bahama
Power Company to then then-
Southern Energy, now called
Mirant, also breached those two
sub-clauses in the Hawksbill
Creek Agreement.
Other transactions used by
the Association to illustrate its
point include "the purported
alienation and divestiture by the
Port Authority of certain own-
ership rights and managerial
control of the said productive
assets and capacities being util-
ity undertakings, operating as
subsidiary companies", includ-
ing a 57.6 per cent stake in Dev-
co and 51 per cent stake in the
Grand Bahama Service Com-
The Association's summons
alleged that the Hawksbill

ven that all persons having any claim or
ove Estate are required to send the same
ig to the undersigned on or before the 5th
r which date the Executor will proceed to
having regard only to the claims of which

AND NOTICE is 1 eby given that all persons indebted to the
said Estate are rcqu ted to make full settlement on or before
the date hereinbefo mentioned.

P.O. Box N-4805,
St. And w's Court, Frederick St. Steps
Nassau, Bahamas
Attorney3 for the Executor Barry Brant


(No.46 of 2000)

,iquidator of ARRAN LIMITED, hereby
ig up and dissolution of the company, has
cordance with the Articles of Dissolution.

Dated the 15th day February, A.D. 2007.

Tareq Al-Mudhaf

Pricing Information As Of:
Friday, 30 March 2007
Rt.. .t -VIS I V .- vww.iAS1XAhFAtAS.COM FOR
,. '.. .4LE INDEX CLOSE 1.780.63 / CHG Od(A.02 7'%CHO 00.05 /
52wk-Ii 52wk-Low Securit y Previous Close Today's Close Change Dail
1 85 0.54 Abaco Markets 0.90 0.92 0.02
12.05 10.70 Bahamas Property Fund 11.50 11.50 0.00
8.65 6.95 Bank of Bahamas 8.65 8.65 0.00
0.85 0.70 Benchmark 0.85 0.85 0.00
2.19 1.26 Bahamas Waste 2.10 2.10 0.00
1.49 1.12 Fidelity Bank 1.30 1.30 0.00
10.33 9.00 Cable Bahamas 10.35 10.35 0.00
2.20 1.67 Colina Holdings 2.10 2.10 0.00
14.19 9.50 Commonwealth Bank 14.00 14.19 0.19
6.26 4.22 Consolidated Water BDRs 4.75 4.74 -0.01
2.88 2.40 Doctor's Hospital 2.46 2.46 0.00
6.21 5.54 Famguard 5.94 5.94 0.00
12.45 10.70 Finco 12.45 12.45 0.00
14.70 11.00 FirstCaribbean 1461 14.61 0.00
17 0 10.40 Focol 17.06 17.06 0.00
I 15 0 50 Freeport Concrete 0.50 0.50 0.00
10 20 7.10 ICD Utilities 7.25 7.25 0.00
9.10 8.52 J.S. Johnson 9.05 9.05 000
10.00 10.00 Premier Real Estate 10.00 10.00 0.00
Fidelity Over-The -Counter Securities
52wk-Hi 52wk-Low Symbol Bid $ Ask $ Last Price We
14.30 12.25 Bahamas Supermarkets 14.60 15.60 16.00
10 14 10.00 Caribbean Crossings (Pref) 8.00 8.25 10.00
0.54 0.20 RND Holdings 0.45 0.55 0.20
PColina Over-The.Counlot Sec.unlies
43.00 28.00 ABDAB 41.00 43.00 41.00
14.60 14.00 Bahamas Supermarkets 14.60 15.50 1400
0.60 0.35 RND Holdings 0 45 0.55 0.45
( BI3X L,"ec MulasI Fund3
52wk-Hi 52wk-Low Fund Name NA V YTD% Last 12 Months
1.3337 1.2806 Colina Money Market Fund 1.333665"
1 0(988 2 6GG2 Fidelity Bahamas G & I Fund 3.0988""
;' i. . 17' Colina MSI Preut. I Fu . 6254 1 -'
1 "2;33B 1.1592 Colina Bond Fund 1.233813.""
11.3945 10.0000 Fidelity Prime Income Fund 11.3945.""*
S- : : FINDEX2 CLOSE 769.93 / YTD 0645% / 2006 34.4
I-' LL M---.E NDE.- 19 .. : = .. r T i;. >.,. YiELD -last 12 month dividends divided by c
52wk-Hi Highest closing price in last 52 weeks Bid S Buying pace of Colina and Fidelity
52wk-Low Lowest closing price in last 52 weeks Ask $ Selling price of Colna ar.d fidelity
PFievous Close Previous day's weighted price for daily volume Last Price Last traded over the-counter prn
loday' Close Curent day's weighted price for daily volume Weekly Vol. Trading volume, of the prior v.
Change Chang in closing price from day to day EPS $ A company's reported ur, ini. pr-r
Daily Vol Number of total shares traded today NAV Net Asset Value
DIV $ Dividends per share paid in the last 12 months N/M Not Meaningful
P/E Closing price divided by the last 12 month earnings FINDEX The Fidelity Bahamas Stock Index

C P A. L.'

)RE bATA & IbOMTr fN --, y
D 104 44 / YTD % 0.23
.1 -- j b. t P E ',
2,000 -0.282 0.000 N/M 0.00%
1.689 0.400 6.7 3.56%
0.737 0.260 11.7 3.01%
0.265 0.020 3.2 2.35%
0.199 0.060 10.6 2.86%1
0.170 0.050 7.6 3.85%
0.915 0.240 11.3 2.32%
0.078 0.040 26.9 1.90%
1,250 0.998 0.680 14.2 4.79%
0.118 0.045 40.3 0.95%
0.295 0.000 8.3 0.00%
0.552 0.240 10.8 4.04%
0.779 0.570 15.7 4.58%
"0.977 0.500 15.0 3.40%
1.644 0.510 10.4 2.99%
-0.434 0.000 N/M 0.00%
600 0.532 0.100 13.6 1.38%
0.588 0.560 15.4 619%
1.269 0.795 7.9 7.95%
y Vol. EPS $ Div $ P/E Yield
1.766 1.125 88 7.71%
0.000 0.640 NM 7.85%
0.021 0.000 26.2 0.00%
2.220 0.000 19.4 0.00%
1.770 1.320 8.3 9.04%
-0.070 0.000 N/M 0.00%
/ $ Yield %d

ng pnce

S for ti l it 12 rths

nuary 1. 1994 = 100

* 23 March 2007
" 8 Februar.y 2007
*** 31 January 2007
S- 28 February 2007

" February 2007

S ". 'L Ct- r-,t 1- -7010 / FIDELITY 24.2-356.7T'C-4/FOR MORE DATA 'JrORM/ TIOh CALL (242) 394-2503

FROM page 1B

latest twist in the saga sur-
rounding the GBPA, whose
owners Sir Jack Hayward and
the estate of the late Edward
St George are locked in a
legal battle of their own over
the former's claim to 75 per cent
ownership of the GBPA and
Port Group Ltd.

Creek Agreement stipulated
that the provision of all elec-
tricity services and other utilities
within the Port area was the
"sole right" of the GBPA.
And in following questions,
the originating summons asks
the Court to determine whether
the GBPA's electricity and util-
ities obligations were "not trans-
ferable or assignable by it
directly or indirectly without
express authority of Parlia-
ment" and 80 per cent of the
licencees. The court is also
asked to settle the question of
whether the GBPA can provide
utility services "from a purely
profit motive".
The summons further
claimed that an affidavit sworn
by Christopher Cafferata, one
of the St George Estate's execu-
tors, described all the utilities
and services entities as having
been acquired by Port Group
Ltd, "which claims to have hold-
ings in all the various compa-
nies" asking whether this
breached the Hawksbill Creek
In turn, Port Group Ltd was
said to be 100 per cent owned
by Cayman-based Interconti-
nental Diversified Corporation
(IDC), a company itself owned
by Fiduciary Management Ser-
vices (FMS) and Seashells
Investments, vehicles that con-
tained the ownership interests
of Sir Jack and the St George
Other questions that the
Association is seeking to have
determined are whether Port
Group Ltd, as the owner of the
productive assets, is entitled to
the same privileges and incen-
tives under the Hawksbill Creek
Agreement as the GBPA.
If the court answers 'yes' to
this, the Association then wants
it to determine whether the
Government and licencees can
enforce the 1968 agreement


International Business Companies Act
(No.45 of 2000)

In Voluntary Liquidation

Notice is hereby given in accordance with Section 138 (8) of
the International Business Companies Act, No. 45 of 2000,
the Dissolution of WILTEN HOLDING LTD. has been
completed, a Certificate of Dissolution has been issued and
the Company has therefore been struck off Register. The date
of completion of the dissolution was the 27th day of March,








THURSDAY MAR 29TH 2007 2 P.M.- 5 P.M.
FRIDAY MAR 30TH 2007 2 P.M.- 5 P.M.
MONDAY APR 02ND 2007 10 A.M-1 P.M.
2 P.M.- 4 P.M.

against Port Group Ltd, and
whether the 7.5 per cent equity
interest allegedly held by the
Government in the GBPA
should be reflected in the own-
ership of the companies owned
by Port Group Ltd and the div-
idends they declared.
If the court rules that the
powers and obligations imposed
on the GBPA could not be
"autonomous and divorced"
from its profit-making assets,
such as Devco, Freeport Har-
bour Company and Grand
Bahama Power, and that their
transfers breached the Hawks-
bill Creek Agreement, the
Association is seeking an Order
imposing a Public Trustee -
with the GBPA's 'powers and
obligations' to carry out the
'Local Authority' functions
envisaged by the 1960 Hawks-
bill Creek Agreement amend-
And if the asset transfers are
ruled as breaching the agree-
ment, an Order be made requir-
ing the public trustee to take
possession of Port Group Ltd's
and ICD Utilities' assets;
inquire into the status of the
services charges account and
income generated and collected
by the GBPA from licencees;
and inquire into the ownership
of Grand Bahama Power Com-
Finally, the Association is
seeking that the court Order the
GBPA to make discovery and
pass to it a list of all persons
holding GBPA licences; min-
utes of GPBA Board meetings
when the Government's shares
would have been involved in
the decisions to divest assets
such as the Lucayan Services
Company (LUSCO), Grand
Bahama Services Company,
Grand Bahama Power and
Devco; and minutes relating to
the deliberations over appoint-
ing Hannes Babak as chairman.

Legal Notice

Late of mi Dade Country, Florida, USA






Baaincmaycoe scern os aae

PROVIDENCE Technology Group,
the Bahamian IT services and solu-
tions provider, has been appointed as
the project manager for the commer-
cial banking system's Automated
Clearing House (ACH) project.
Ian Hepburn, Providence Technol-
ogy Group's managing director and
the resident project manager on this
project, said in a statement: "We are
honoured to have been selected from
among our peers. Clearly, this is a very
strategic project, the benefits of which

will be felt throughout the commer-
cial banking system and the country
as a whole.
"We are therefore 100 per cent com-
mitted to ensuring a successful deliv-
Paul McWeeney, Bank of the
Bahamas International's managing
director and head of the Clearing
Banks Association (CBA) working
group on the ACH, added: "We are
very pleased to select a local Bahami-
an firm as project manager for this


strategic project. Providence Technol-
ogy Group's proven track record in
successfully managing a number of
local financial services projects, cou-
pled with their technical expertise,
make them ideally suited for this pro-
"We are confident that Providence
will ensure that the selected software
vendor delivers the ACH solution on
time, in budget and in accordance with
our requirements."
The ACH is expected to significant-

ly improve the efficiency and integrity
of the Bahamian commercial banking
and payments system. Its first phase
will allow clearing banks to electroni-
cally clear and settle cheques more
quickly than the current manual
process now takes.
Phase one will also include direct
debits and credits, which will allow
individuals and companies to elec-
tronically pay or receive payment from
other individuals or companies, even if
their account is at a different bank.

NHI, from 1B

lic-sector dominated healthcare
schemes to a model where there
was a much "heavier degree" of
private sector involvement.
The Bahamas, on the other
hand, through the Governmen-
t's NHI scheme is moving to the
government-dominated model
that many developed nations are
"It seems ,that what we're
doing is putting us back, as
opposed to being progressive,"
Mr Rolle said.
The survey, which covered 82
Bahamian employers, drew sug-
gestions such as making it
mandatory for companies to pro-
vide griup health insurance plans
for all their employees; reforming
and enhancing the current sys-
tem; privatization of the Bahami-
an healthcare system, with a
back-up voucher system that
would allow citizens and legal
residents to choose their health-
care providers; an NHI scheme
that was limited to just provid-
ing catastrophic coverage (some-
thing the former FNM adminis-
tration was looking at); and a
mandatory NHI scheme that was
administered by the private sec-
tor, not the National Insurance
Board (NIB).
Winston Rolle, the former
Chamber of Commerce president
now acting as a Coalition repre-
sentative, said in a statement:
"This response shows a genuine
desire by the private sector to
address the nation's health care
needs but considerable concern
about having a mandatory NHI
scheme administered through the
National Insurance Board."
When asked whether they
would maintain their current pri-
vate group health insurance
schemes for employees once the
Government introduced NHI,-

the Segal survey found that 29
per cent of employers would drop
such coverage, while an equal
amount 29 per cent said they
would maintain such schemes.
The remaining 43 per cent were
uncertain what they would do.
Out of those who said they
would retain private group health
insurance coverage, 81.48 per
cent of employers said they
would scale back such schemes
to supplementary packages that
covered areas not included under
Just 18.52 per cent said they
would maintain the same private
healthcare insurance scheme
once NHI was introduced.
Mr Rolle pointed out that
uncertainty over the benefits and
services to be included in the
NHI scheme was making it very
difficult for private health insur-
ers to tailor and develop supple-
mentary health insurance plans
to complement the government-
run scheme.
In addition, this lack of detail
was making it difficult for
Bahamian companies to budget,
prepare and decide what to do
with their private health insur-
ance schemes.
"There is a great deal of uncer-
tainty as to what will happen with
people's private insurance and
the private insurance market with
the introduction of a nationalised
system," Mr Rolle said.
"This unknown would appear
to make it difficult for private
insurers, employers and the Gov-
ernment to have a clear under-
standing of the NHI's plan on
their budgeting and financial
planning, and is a cause of con-
cern for employers and employ-
ees alike."
The Bahamian private sector
has long been concerned over
how much the NHI scheme will
cost, most believing the initial
government estimate of $235 mil-

lion to cover the cost of supplying
all NHI services is far too low.
Mr Rolle told The Tribune last
night that concerns over the $235
million estimate were illustrated
last week by Monty Braithwaite,
Colinalmperial Insurance Com-
pany's president.
He pointed out that his com-
pany collects about $52-$53 mil-
lion in health premium revenues
per annum to meet the costs of
covering between 20,000-25,000
individual and group clients.
Since this represented 1/12 of
the population, then it was likely
that some $600 million in premi-
um revenues would be needed
per annum to cover the 300,000
Bahamas population under NHI,
and Mr Rolle described this as
"a serious disconnect" with the
Government's numbers.
He added that the Govern-
ment was pinning its faith on
information technology (IT) to
enable it to administer the NHI
scheme, but "we have no exam-
ples of being able to implement
real-time IT" in any other gov-
ernment agencies or depart-
This environment, Mr Rolle
said, made the implementation
of an NHI IT system and the
scheme's administration all the
more "challenging".
In addition, the fear that the
initial proposed 5.3 per cent con-
tribution rate to be split 50/50
between employer and employee,
with each paying 2.65 per cent of
a salaried worker's wage up to
the ceiling of $5,000 per month -
will have to be progressively
increased to cope with height-
ened demands imposed on the
NHI scheme from a growing pop-
ulation whose demographics are
The proportion of elderly peo-
ple in the Bahamas is set to,
expand considerably over the
next 30-40 years, and older peo-

pie tend to demand more health-
care and medical services, again
increasing demand.
Both the Coalition and other
private sector organizations have
expressed fears about the long-
term viability and sustainability
of NHI, given the increased bur-
den and ageing population will
present. To cope, they fear that
NHI will either have to dramati-
cally increase contribution rates,
thus burdening the economy and
businesses with an ever-increas-
ing tax, or drastically cut benefits
and services offered, immediate-
ly impacting healthcare quality
and access.
Nadeem Esmai, of the Cana-
da-based Fraser Institute, warned
at a Bahamian forum almost two
weeks ago that a mandatory NHI
premium levied on income, and
which was progressively
increased, could deter invest-
ment, risk-taking, entrepreneur-
ial endeavours and employment
in this nation.
Healthcare spending was like-
ly to grow faster in the Bahamas
than its per annum economic
growth, Mr Esmail said, some-
thing that would make this nation
no different from other devel-
oped ones, while the cost of med-
ical technologies was also ever-
Then there is the fact that the
NIB will be administering the
NHI scheme. The Government,
though, has argued that because
NHI will be in effect buying ser-
vices from NIB, not using all its
functions, NIB's extremely high
administrative costs will not be
a burden.
NIB's administrative costs as
a percentage of contribution rev-
enues to the Bahamian social
security scheme consistently run
at 20 per cent or higher, when
the Government's own commis-
sion has pointed out that for NHI
to succeed, its administration

costs must lie below 10 per cent
or be even lower.
The survey by the Segal Com-
pany, a global leader in compen-
sation, benefits and human
resources studies, covered all
areas of the Bahamian economy.

Half of those surveyed are cat-
egorised as small businesses, with
35 per cent being medium-sized
businesses and 19 per cent large
enterprises. The total emptly-
ment for those firms surveyed is
over 13,000.

Palmdale Veterinary Cliific h


o Excellent Communications Skills Require,
o Willing to Learn Veterinary Care
o Must be Client Oriented

o Must Be Animal Lover

0 Hardworking
SWilling to Learn

Kennel Hand/Cleaner
Animal Handling, Restraint and Caregiving

Fax Resume to 326-2173

Or hand

I deliver to Palmdale Veterinary Clinic.

Ms. Karen Isaacs Ms. Shantell Butler-Lockhart

are no longer employed at British American

Financial and is not authorized to condut any

business on behalf of the Company

For further information please

call our Rosetta Street office

at 322-1801-2

4WI gll l* 0 n
9 I N ANC A t

242-461-10001 www.babfinancial.com

Frueport 242-352-'7?09 F tan # 4?-,36. 3 5 Abaco 242-367-S601


BSI Overseas (Bahamas) Limited, Nassau, Bahamas, an established international
private bank in The Bahamas, with its head office BSI AG, in Lugano, Switzerland;
since 1873, is presently accepting applications for:-


Applicants for the position of Head of Financial Services must have relevant financial
accreditation or professional qualifications, have in-depth knowledge of financial
instruments and international markets to ensure efficient supervision of the department,
its smooth running with approved counterparts & in accordance with established risk
limits, must know applicable local & international regulations and must maintain rapport
with the Private Banking Team. Fluency in Italian and flexible working hours are

Personal qualities:-

Minimum supervision
Extensive knowledge of international markets
Excellent organizational, communication and computer skills
Analytical qualities and research orientated
Goal-oriented, self-motivated, positive attitude and outlook
Commitment to quality, service excellence and customer satisfaction


Control the operational aspect of the unit
Review & manage treasury & brokerage activities
Analyse and control 1st degree level risks
Ensure advanced troubleshooting
Review alignment & implementation of portfolios under mgmt. mandates
Monitor & coordinate investment advisory services to PB & allocated clients
Support and train personnel of the unit

This position will report directly to the Managing Director.

Resumes should be faxed to #702 1253 or mailed or delivered to the offices of
BSI, addressed to:-

Personnel Officer
BSI Overseas (Bahamas) Limited
Bayside Executive Park, West Bay St & Blake Road
P. 0. Box N-7130
Nassau, Bahamas
Only applicants having the above attributes will be contacted.



Publi*j I t e



Hotels delighted by 'long overdue' airport handover

we have to be very cognisant of
that," he added.
Mr Webster acknowledged
Bahamian concerns stemming
from the Western Hemisphere
Travel Initiative (WHTI) and
the fact that tourism numbers
have seen a slight decline, but
said his property has not had
not seen any impact.
"The Hilton has just had our
best quarter ever, but of course
we cater to a different clien-
tele, business clients, and not
the leisure market," he said.

Legal Notice


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


Legal Notice


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




50% 80% OFF


Located inside Pricebusters store,
#361 Soldier Road.
-~. Tel: 393-0535

SKingsway Academy




The Entrance Examination will be held at the
school on Bernard Road on Thursday, April
12 2007 a 8:00 a.m. for students wishing to
enter grades seven through ten. Deadline for
applications will be Wednesday, April
11. Aplications can be collected at the
Business Office from 8:00 a.m. to 4:00 p.m.

For more information please call telephone
numbers 324-8811: 324-3409: or 324-6269

FROM page 5B

"It is something that is long
overdue. This is very impor-
tant because the airport is the
first and last impression that
our visitors have, and we are
delighted with the signing," he
Mi Webster also appreciated
the security concerns. "We are
living in a changing world and
security is very important. So

The much anticipated han-
dover of the management of
the Lynden Pindling Interna-
tional Airport took place on
Friday, with Prime Minister
Perry Christie announcing that
the complete transformation
of the facility could cost up to
$400 million.
The Government and Van-
couver Airport Services
(YVRAS) executed agree-
ments which finalise the trans-
fer of management, operations
and the responsibility of trans-
forming the airport into a
world-class facility, to the
Canadian company.
The Nassau Airport Devel-.
opment Company (NAD) a
subsidiary of the Airport
Authority and YVRAS will
handle the day-to-day opera-
tions of the airport and rede-
velop it into a premier facility.
The transformation of the
airport is envisaged to take
place without requiring finan-
cial guarantees by the Gov-
ernment, and with NAD also
taking over the debt of the Air-
port Authority.
To help finance the large-
scale project, passenger facility
and security fees are being
Passengers departing for
international destinations will

Sound Subdivision on the Island of Elbow Cay aka Little Guana
Cay one of the Cays of the Abaco Range of Cays in the
Commonwealth of The Bahamas, deceased.
Notice is hereby given that all persons having any claim or
demand against the above Estate are required to send their
names, addresses and particulars of the same certified in writing
to the undersigned on or before the 20th day of April, A.D., 2007
and if required, to prove such debts or claims, or default be
excluded from any distribution; after the above date the assets
will be distributed having regard only to the proved debts or
claims of which the Executor shall have had notice.
And Notice is hereby given that all persons indebted to the said
Estate are requested to make full settlement on or before the
3rd day of April, A.D., 2007.
Attorneys for the Executrix
No .Naomi House
No.9, 9 Terrace & West Court
Off Collins Avenue
RO. Box EE-15075
Nassau, Bahamas



a) The above Company is in voluntary dissolution under
the provisions of Section 137 (4) of the International
Business Companies Act, 2000.

b) The Dissolution of said Company commenced on the
28th day of March, 2007, when its Articles of Dissolution
were submitted to and registered by the Registrar General.

c) The Liquidator of the said Company is Anthony B.
Dupuch of Kings Court, 3rd Floor, Bay Street, Nassau,
Dated this 29th day of March, A.D. 2007.
Anthony B. Dupuch

be asked to pay a $15 facility
fee, while domestic travellers
will be charged $5 for the use
of facilities.
Every departing passenger
will also be asked to pay a $7
security fee.
The Prime Minister reiter-
ated that construction and
management objectives for the
redevelopment of the airport
will be carried out in two phas-
es, with Phase I anticipated to
be completed at the end of 24
Phase I will include high-pri-
ority projects, such as improv-
ing the physical and sanitary
conditions of the airport; alle-
viating congestion associated
with US pre-clearance; allevi-
ating parking conditions and
air side congestion; managing
adequate check-in spaces for
additional air traffic growth;
facilitating group travel and
minimising and streamlining
passenger security checks.
Phase II is divided into four
stages and includes the con-
struction of new facilities and
the renovation of existing ones.
During the first stage of
Phase II a new US pre-clear-
ance building will be designed,
constructed and opened.
The second stage will
encompass the construction

(FILE photo)

and completion of new US and
international arrival facilities.
Then, in the third stage, the
airport will receive new inter-
national and domestic depar-
ture facilities.

Stage four includes the
improvement to the general
area of the airport, such as the
landscaping of the premises,
and will take place during the
stages already mentioned.


Must be...
Honest, Reliable, Dedicated, I
Professional, Energetic & I

Excellent $$$ Bonus Potential '


If the answer is YES then take the next step. r
FAX RESUME TO 326-2824

Legal Notice


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




Lot #14721 comprising 10,000 sq.ft. in area with 83
frontage on Zinnia Road and 120 feet on Eastward Drive
in Bahama Sound of Exuma Ocean Addition West,
Exuma Bahamas

The property is undeveloped and is located
1 mile south of Emerald Bay and The Four
Seasons Resort.

For conditions of the sale and any other information,
please contact:
Credit Risk Management Collection Unit at:
Phone: 356-1685 or 356-1608, Nassau, Bahamas

Interested persons should submit offers in writing
addressed to:
The Manager, Credit Risk Management Collection
Unit, P.O. Box N-7518, Nassau, Bahamas
to reach us before April 16. 2007.


The Bahamas Telecommunications Company Ltd.
(BTC) is pleased to invite Tenders to provide the
Company with coverage for our Directors and Officers.

Interested companies/firms in Nassau may collect
a tender package from the Security's Desk located
in the Administrative building on John F. Kennedy
Drive, between the hours of 9:00 a.m. and 5:00
p.m. Monday through Friday.

The deadline for submission of tenders is April
10th, 2007. Tenders should be sealed and marked
INSURANCE" and should be delivered to the
attention of the President and CEO, Mr. Leon
Williams by the above date and time.

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

I --




Grand Bahama

terminal sees


Tribune Business Editor
South Riding Point Holdings, the
Grand Bahama-based oil and
bulk storage terminal, said rev-
enues increased by 9 per cent in 2006 if
non-recurring items in the previous year
were excluded, the company having
beehi able to increase port charges during
a year when vessel activity also picked
South Riding Point's Canadian-based
parent, World Point Terminals, said that
one-time gains from sales of product
inventory and sub-lease option payments
in 2005 meant that the Grand Bahama-

based operation's revenues fell by 4 per
cent or $481,000 in the 12 months to
December 31. 2006.
Yet once these items were stripped
out, the 2006 performance was much
better than the previous year, with South
Riding Point's 2006 fourth quarter rev-
enues up by $59,000 or 2 per cent.
World Point Terminals said of its
Grand Bahama subsidiary: "While mar-
ket conditions continued to favour leav-
ing oil in the tanks for longer periods
of time during much of 2006, vessel activ-
ity increased over the prior year.


9 0

South Riding Point was able to
increase port charges mid-year and near
the end of the year, extend the term and
increase the rates on all of its tankage."
Via a joint venture, World Point Ter-
minals also owns a 50 per cent stake in
Freepoint, a tug boat fleet that operates
around Grand Bahama.
Freepoint Tug & Towage saw its 2006
full-year revenues increase by $243,000
or 13.9 per cent compared to 2005, some-
thing World Point attributed to "modest
container ship volume and rate increas-
es during 2006".
Freepoint saw its 2006 fourth quarter
revenues increase by $79,000 or 17 per
cent over 2005.

Tribune Business
BAHAMIAN-owned busi-
nesses in the Solider Road
Industrial Park have expressed
theirpleasure following the
Government's announcement
that it was planning to issue
conveyances to allow them to
purchase the buildings and

land they are currently oper-
ating in.
Glen Rodgers said he has
been operating Bapak Ltd for
the last 32 years, and is pleased
the Government is consider-
ing the move.
He added that this was
something his firm had long
been lobbying for, saying most
tenants were likely to take
advantage of the offer.
"I think that it is better than

paying rent.
"This puts you in a position
to expand your business,
because you will have a chance
to increase your collateral," Mr
Rodgers said.
Tina Knowles, a spokesper-
son for Chelsea's Choice,
added that it was a wonderful
"A, tlot of the persons arouq.dt'
here do not own their own,
buildings, and they have beejOi0

asking for this for quite some
time," she said.

Resort *

MONDAY, APRIL 2, 2007, PAGE 13B ,


LEADING TRUST COMPANY is seeking a candidate for
the position of Trust Offi.cer
The position reports to the Vice President, Client Services
and is iesponsible for the ongoing administration of trusts and
other liduciary products and services, including:
* iaising \\thi senior management in the provision of
iloinmation execution of transactions and problem resolution
* Managing all associated risk and escalating as appropriate
* Prepal ing pien die administrative reviews of trusts and
comi panies
* Liaising with compliancee Business Risk Management,
internal exteirnal auditors and regulators as required to ensure
adhei,'ince to all internal policies, procedures and regulatory
* ( )going updating and maintenance of trust administration
system s it relates to account management
* Pioectts as assigned from time to time.

* Bachelors degree in law, business administration, accounting
or related field
* Minimum 3-5 years experience in trust and company
administration or related experience
* Strong oral and written communication skills
* STEP qualification is desirable
* Sound knowledge of fundamental trust and company laws
and related administrative practice
* Basic knowledge of banking and investment products and
theil application in overall management and administration
of wealth
* Basic understanding and working knowledge of accounting
concepts and their applications
* Ability to identify potential risk issues and solutions and to
communicate these effectively to senior management
* Excellent time management, organization and administrative
* Strong analytical and problem-solving skills
* Strong PC skills; knowledge of 4Series an asset
* Strong interpersonal skills and excellent team player
Salary commensurate with qualification and experience and
interested Bahamian candidates should forward a copy of their
resume to:
Human Resources
PO. Box N-10697
Nassau, Bahamas or
Fax: (242) 325-0911 or
E-mail: smith@experta.bs


Grand Bahamaln , Iand
Si,: t' IOrA

Small firms to gain collateral boost

from property conveyances

T 8 1 A H A M A S

The exclusive master-planned Rum Cay Resort Marina (www.rumcay.com)
currently in the early stage of planning and development, will comprise
100-key condo hotel, circa 200 residential offerings, a 120-slip mega-yacht
marina and marina village as well as extensive recreational amenities

Montana Holdings Ltd owners of the Rum Cay Resort Marina, Rum Cay,
Bahamas are seeking a

Chief Financial Officer

to join its executive management team. Based in Nassau and reporting
directly to the CEO, the key responsibilities and accountabilities of the
CFO will embrace all strategic, financial, legal, government, corporate and
business planning activities of this multi faceted 700 million dollar resort

Experience, Qualifications and Key Skills required:

The successful candidate, an outstanding, results oriented, team player will
have a reputation for high professional ethics. (S)He will have exceptional
communication skills and provide strong leadership to the business in all
aspects of financial planning, accounting, reporting and control reporting.
(S)He will have proven ability to build a flexible and resilient team with
the skills and desire to deliver excellent results in a high stress environment.

Only candidates with the following experience will be considered for this
critical role:-

Minimum of 5 years senior management in a similar role.
Proven track record with a major hotel/resort organisation
Full ACCA, CPA or similar accreditation
Detailed knowledge of the financial investment community
Excellent technical accounting skills
Conversant with Sage Timberline & Great Plains software or
experienced in the synchronization of construction, marketing
and sales data
A highly competitive compensation and benefits package, will be
offered in line with the seniority and challenges of this position

In the first instance, please submit your resume, which will be treated
in strictest confidence by email only to island_developmentl@yahoo.com

The closing date for submission is Tuesday 10 April 2007


300C 0O= y-0

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