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Permanent Link: http://ufdc.ufl.edu/UF00084249/02979
 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: 9/5/2007
 Subjects
Genre: newspaper   ( sobekcm )
Spatial Coverage: Bahamas
 Notes
General Note: Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.
 Record Information
Source Institution: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: oclc - 09994850
oclc - 9994850
sobekcm - UF00084249_02979
System ID: UF00084249:02979

Full Text






SA

CINNAMON fib
MELTS I'm lovln' t.
HIGH 90F
LOW 77F

c r SUN WITH
T-STORM


The Tribune

#1 PAPER IN CIRCULATION


BAHAMAS EDITION


The Chicken
Cordon Bleu!


Volume: 103 No.237 WEDNESDAY, SEPTEMBER 5, 2007 A PRICE 750


PLP 'needs 14




new candidates'


I lla IlaI tM


Document 'prepared by

some party insiders'

reportedly recommends

house cleaning


* By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net
A PRELIMINARY internal
document prepared by some PLP
insiders reportedly recommends a
house cleaning at the candidates
level. According to the document,
the party needs 14 new candi-
dates, casting away former MPs
and one minister, going in to the
next general election.
The document forwarded to
The Tribune claimed to have
been prepared by a few high
ranking party officials, calls for
new candidates in St Cecilia and
South Eleuthera, where they
believe that Mrs Cynthia Pratt
and Oswald Ingraham are likely
to retire. While former Minister
Neville Wisdom is out in Killar-
ney, and two time Exuma MP
Anthony Moss is said to be in his
final term as a representative.


The remainder of the list of
available seats, and those, accord-
ing to the document, who are not
to run again, is as follows:
South Beach (Wallace Rolle);
Garden Hills (former MP Veron-
ica Owens); Carmichael (former
MP John Carey); Mount Moriah
(former MP Kcod Smith); Piner-
idge (former MP Ann Pcrcentie-
Russell); Eight Mile Rock (Caleb
Outten); North Abaco (Fritz
Bootle); Montagu (Yvette Turn-
quest); while it is also recom-
mended that the party recruit
candidates for the Bamboo Town
and Long Island and Ragged
Island seats, which went unop-
SEE page nine


Controversy over book claims
about Stern and Birkhead
FORMER MSNBC host and cor-
respondent Rita Cosby yesterday


Or you can rest easy knowing
that you have excellent insurance
coverage no n matter which
Sa\- the wind blows.

,Nobody does it better.


INSURANCE MANAGEMENT
(B1,UI d1 A.S) I IMrri.I) iNSUMUIt,\N IBI(OjKI'RJL & .\(,FN Is
I Ide loGrdBohma I o / Eleulh/ero / Exuma
l0le(212 350,3500 T11242)3bl5 40 4/I l 12421332'28 61/Te11242)336,230 4


* By KARIN HERIG
Tribune Staff Reporter
kherig@tribunemedla.net
AN IMMEDIATE environ-
mental health assessment has
been ordered to be carried out at
Sandilands Rehabilitation Cen-
tre after nursing staff raised con-
cerns about a potentially deadly
mould.
Nurses at the centre who spoke
with The Tribune expressed alarm
over the high number of miscar-
riages experienced by staff work-
ing in the centre's drug unit,
which was claimed to be "overrun
with mould."
According to the US Depart-
ment of Homeland Security's


Federal Emergency Management
Agency (FEMA), pregnant
women have immune systems
that are more vulnerable which
puts them at a higher risk for seri-
ous health problems from mould
exposure.
Scientists have found that some
mould toxins can interfere with
the hormones that regulate the
various steps of pregnancy and
can therefore cause miscarriages
SEE page nine


Darold Miller

trial adjourned
0 By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net
WELL-KNOWN media personal-
ity Darold Miller's sexual harassment
trial was adjourned yesterday to
December 5.
In an unusual turn, lawyer Alexan-
drio Morley in court holding a
watching brief for Wayne Munroe,
who is representing the virtual com-
plainant and GEMS 105.9FM said
SEE page nine


FIRE OFFICERS explain the importance of smoke detectors while handing them out to residents off
McKinney Drive yesterday as part of Fire Safety Awareness Week.


C,


Jackie Moxey
murder trial
gets underway
* By TANEKA
THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net
THE FIRST day of the Ian
Hutchinson trial into the murder
of Jackie Moxey began yesterday
in the Supreme Court almost two
years after the softball star was
murdered.
In an opening address to a jury
of 11 women and one man, and
three alternates, Deputy Direc-
tor of Public Prosecutions Cheryl
Grant-Bethel advised the jury to
be "cold, clinical, emotionless"
and "dispassionate" during the
trial and to "disabuse" their minds
from any information heard out-
side of the courtroom.
The prosecution argued that
Ms Moxev was injured on Tues-
day, October 25, 2005 and died
SEE page nine


City Market's
i Oakes Field
Deli ordered
to close
By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net
THE COURT has ordered
City Market's Oakes Field Deli to
close as Deli workers were found
by Public Health Officials to be
serving food without valid health
certificates. Rat faeces was also
found on shelves in the store.
which is operating without a valid
sanitation certificate.
Magistrate Susan Sylvester
made the order yesterday at a
public health hearing at Magis-
trate's Court 11 on Nassau Street.
Magistrate Sylvester told
lawyer Kenneth Lightbourne that
for the retailers to operate a store
in this manner equates to play-
ing with people's lives, and the
standards at the store amount to
gross neglect. The iIm ,i.it.. I
added during the proceedings that
she personally saw evidence of
M- cockroaches and rats at the store.
- A prosecutor for the Ministry
., of IHealth told the court that no
S reasonable effort had been made
*u between visits from 'lliii.id on
Monday and Tuesdayv. as rat
droppings are still present in the
SEE page nine


O BBBACON jNS .S
0l~o ~ 0-~~~L~U ~ r -.
L J


I F. ii i*i i I I:


Govt 'has not
laid off any
established
civil servant'
* By KARIN HERIG
Tribune Staff Reporter
kherig@tribunemedia.net
THE FNM government has
not laid off any "established
civil servant" and is currently
in the process of closely exam-
ining all cases of civil servants
who may have not have been
hired through the proper
channels right before the May
2 elections, it was announced
yesterday.
In a press statement from
the Cabinet Office yesterday,
the government also said that
The Tribune's banner head-
line on Tuesday "Civil ser-
vants 'to be laid off'" is
based on "persistent but erro-
neous" reports which have
been circulated by the PLP
since the election.
President of the Bahamas
Public Services Union
(BPSU) John Pinder told The
Tribune on Monday that 40
persons employed as public
SEE page nine


'. 1.]


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us







PAGE 2. WEDNESDAY, SEPTEMBER 5, 2007


THE TRIBUNE


LO6CEW


MINISTER of Tourism and
Aviation Neko Grant said yes-
terday that his ministry and the
entire nation mourns the passing
of Genevieve Sherman-Ware,
better known as Abbie LaFleur
- a "cultural giant, legendary
performer and an outspoken cit-
izen."
Ms LaFleur, born in Conch
Sound, Andros, was the third of
16 children. She later became a
dancer who travelled to Europe
in the 1940is ultimately per-
forming ininany high profile
arenas.
Mr Grant said: "Ms LaFleur
was a visionary. She was well
ahead of her time, pioneering
Bahamian performing arts
before many others thought to
venture into entertainment as a
sole source of income.
"Her life has been an inspi-
ration to many Bahamians and it
has opened doors to many pos-
sibilities. The youth of today will
benefit from the road she has
paved," he said.
In addition to her on stage
successes, the Bahamian dancer
was also Ministry of Tourism
employee for 11 years, retiring
in 1990.
She worked as a bi-lingual


tourist information assistant and
was a principal driving force
behind the creation of Goom-
bav Summer.
"She will be sorely missed by
all, especially those who arc part
of the Ministry of Tourism and
Aviation," said Mr (Grant.
The minister recalled Ms
LaFleur's travels to Europe
where she showcased her dance
talents in many high profile
European arenas, "filling
Bahamians with national pride."
"Her dance career flourished
in European stages in the 1950s
and 1960s," he noted.
Abbie performed in Picadilly
Circus, London. as well as for
the then Princess Eli/abcth and
the Duke of EOdiilhulh ,i al ihe
Royal Albert Hall.
She also had a tw\o \val stint
one tile B itsll B1i uidcaistiing
sho\\, ( ool (as.
In Nassau, she performed at
the Nassau Beach Hotel, The
Cat and Fiddle and the British
Colonial Hotel, said Mr Grant.
In 2001)., Ms LaFleur won a
Cacique aIward for Lifetime
Achievement.
The Tribune attempted to
contact Ms LaFle'lr's f':mnl\l but
wva unsuccessful.


HALSBURY CHAMBERS' senior associate Donald Saunders (standing) announced that the firm will host the third annual Free Legal Clinic
'Information You Need for the Life You Want' on September 22. The event features a host of expert speakers on Informative and often
provocative topics in addition to opportunities for those attending to meet with attorneys without charge.





Beach access rights set to





be hot topic at legal clinic


BEACH access rights is set
to be one of the hottest topics
at the third annual Halshury
Chambers Free Legal Clinic.
The clinic aims to tackle
legal and social issues from
how \to curb childhood obesity
10 prt) section ol marital rights,
including matters surrounding
divorce, 'swecthearting' and
outside children.
The clinic, "Inforimation You
Need for the Life You Want",
will take place on September
22 at SuperClub Breezes with a
host of expert speakers on
timely, topical :and provocative


issues, the law firm says.
Senior associate Donald
Saunders will speak on
Bahamian beach access rights
vs developer rights, under the
title "Whose beach is it any-
way?'' al (10.30am.
"Launched three years ago
as a conuuunity outreach effort
to provide free legal services
to interested persons and
bridge the gap between the
legal and general community,
the clinic drew such crowds
that by the second year, it had
to be moved from the firm's
parking lot on Village Road to
the West Bay Street resort to
accommodate hundreds of
attendees," said Halsbury in a
statement.
This year's event is from
9.30am to 2pm.
Senior Assistant Commis-
sioner (SACP) Ellison
Greenslade and ACP Marvin
Dames will tackle the escalat-
ing crime issue in a session
titled, "Taking b. ck our
nation."
Following interactive pre-
sentations with audience par-
ticipation, parents and
guardians will have the oppor-
tunity to register children free
of charge in the National Chil-
dren's Registry, a project
spearheaded by BOSS..
Also on this year's panel of
presenters is Halsbury Cham-
bers senior associate Nerissa
Greene who will discuss "Mar-
ital Rights. swecihearting,
divorce and outside children."
Doctor's Hospital dietitian
Julia Lee will tackle the topic
"A National Crisis: the skinny
on obesity" while executive
coach, trainer and facilitator,
Yvctte Bethel will address
'What's your EO: measuring
your emotional intelligence".
Returning for their second
year as participants are retire-
ment and financial consultant


EXECUTIVE COACH Yvette Bethel will reveal how to measure
emotional intelligence during the legal clinic.


and columnist Glenn Fergu-
son, giving tips in his session
"So you want to be a million
aire" and mortgage expert
'1 rov Samlpson will discuss
steps to safeguarding a home
purchase.


Julia Bowleg of the Bahamas
Technical and Vocational Insti-
tute will address the issue of
skilled labour and opportuni-
ties through technical training.
"This is an informal way for
participants to meet with attor-
neys and experts," explained
Donald Saunders during a
press conference on Tuesday.
"Halsbury Chambers has been
fortunate to have expanded to
four offices in three countries
and to have been honoured in
being selected to represent the
Bahamas at international legal
forums.
"We believe that our growth
and our good fortune are not
only as a result of our expertise
and service, but are a reflec-
tion of our corporate culture
that places so much emphasis
on community service."
Along with hearing speak-
ers on a wide range of subjects,
participants will have the
opportunity to meet for limited
sessions with Halsbury
Chambers attorneys free of
charge. .
Parents can also take advan-
tage of the free childcare ser-
vices provided by the Meridian
School at Unicorn Village and
register the theto be placed in a
national database simiilar to the
US's Amber Alert courtesy of
BOSS.
Members of the public can
registration by calling 393-
4551/5, Halsbury's statement
said.


MAIN SECTION
Local News:............P1,2,3,5,6,7,8,9,10,11,12
Editorial/Letters. ...................................... P4
BUSINESS SECTION .
Business .................................P1 ,2,3,5,6,7,8
A dvt ......................................................... P4
ARTS SECTION
A rts .....................................P.......... P1,2,3,6,7
Com ics........................ ........... ...... P4
Advt .................................... .............. P5
W eather.................................................... P8

CLASSIFIED SECTION 32APAdE '

INSERTS FURNITURE PLUS

USA TODAY MAIN SECTION 12 PAGES :

LOCAL SPORTS ...........................P1,2,15,16
USA TODAY SPORTS.......................P3 14


_I


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WEDNESDAY, SEPTEMBER 5,,2007, PAGE 3


THE TRIBUNE


LOCALNW


OIn br


ief


Plans approved for 600-unit car free town


Truck bursts
into flames
after serious
accident


FREEPORT A senior
police official on iGrand
Bahama is again appealing to
motorists to drive with care
and attention on the road fol-
lowing another serious traffic
accident in which a trailer
truck overturned and erupted
into flames.
Chief Supt Basil Rahming
reported that the driver of
the vehicle narrowly escaped
death when his Mack Truck
burst into flames after crash-
ing and overturning in the
bushes in East Grand
Bahama.
This latest incident follows
the death on Sunday of a
young man in Freeport as a
result of a traffic accident.
According to reports,
Alfred Pelecanos, 37, of Sea-
horse Village, was driving in
the vicinity of Burmah Oil
Transshipment Terminal
around 11.20am on Monday
when he lost control of his
white Mack trailer truck.
Mr Rahming said Mr Pele-
canos was travelling east
along Grand Bahama High-
way and was attempting to
negotiate a winding curve
when the accident occurred.
When firemen arrived at
the scene, the vehicle had
already been consumed by
fire. Fortunately, Pelecanos
was able to escape the burn-
ing wreckage, having sus-
tained only minor injuries to
his right arm.
He was taken to the Rand
Memorial Hospital, where he
was treated for his injuries
and later discharged.
Mr Rahming said Traffic
Police are conducting an
investigation into the acci-
dent.


Residents
complain


over school's
gate control

RESIDENTS of Freddy
Munnings Manor are angry
that the gate to the subdivi-
sion is locked at night forc-
ing them to take a long
detour to get home.
Freddy Munnings Manor
borders on St Augustine's
College. and residents think
the school's control of the
gate on Prince Charles Drive
is causing problems.
"If people who live there try
to come home at night, they
find themselves locked out,"
said one concerned person.
"They have to drive all the
way around and go through
Fox Hill jest to get home.
"'It's the same thing if they
want to go somewhere early,
like at six in the morning,
they find the gate is. locked.
However, when St
Augustine's College was con-
tacted, Benedict Dorsett
explained that the portion of
the road in question which
runs north from Prince
Charles Drive is private prop-
erty which St Augustine's
uses with the permission of
the Higgs family, and the por-
tion which runs east to west is
an old cart road which has
been expanded.
Mr Dorsett pointed out
that the owners have the right
to restrict any traffic on the
north-south running portion
of the road, but added that
he could not confirm the
school's position on its occa-
sional use by the residents of
the nearby community.
He did explain that one of
the reasons the gate is locked
at night, and also in the mid-
dle of the day, is that the road
has become "filthy" of late.
"We are having a lot of
problems with that road," he
told The Tribune.


* FLORIDA
Play 4: 8-0-7-2
Cash 3: 0-2-0

* ILLINOIS
Midday Pick 3: 7-9-1
Midday Pick 4: 0-7-7-7
Evening Pick 3:
(Monday) 7-7-0
Evening Pick 4:
(Monday) 5-1-9-9

* NEW YORK
Numbers Midday: 6-8-3
Win 4 Midday 4: 6-5-6-5
Numbers Evening: 3-7-9
Win 4 Evening: 7-2-4-8


rants, shops and even organic
gardens.
The community has been
designed by the same architects
behind the acclaimed Seaside
Village development in Florida.
Golf carts and pedestrians
will dictate the pace in the pro-
posed community, with cars
being marginalised. There is
even a stretch of Greenwayy"
designed for Abaco parrots to
fly through.
An Abaco source told The
Tribune: "It seems the commu-
nity will have roadways for golf
carts and areas for walkers only.
It will be a self-contained small
town consisting of two separate
villages with attractive green
areas and forested woodlands."
The developers are listed as
Lindroth of Lyford Cay.


Couple claims major burglary




mishandled by police station


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

A BAHAMIAN couple are
looking for answers in the wake
of a major house burglary,
which they claim has been "mis-
handled" by a New Providence
police station.
They are questioning whether
officers have "closed ranks" to
protect an officer who, in their
opinion, should have been
investigated over his conduct in
dealing with the matter.
Keva Gottlieb and her hus-
band allege that the officer in
question did not carry out his
duties in their case and repeat-
edly misled them about the
progress police were making in
the matter claiming on one
occasion that he was "with the
suspect at court" where he was
"about to be charged" when no
such thing occurred.
In May, after questioning
senior officers about his con-
duct, Mrs Gottlieb alleges that
she and her husband were told
by officers at the station that
they "didn't know where" the
officer in charge of the case was.
Shortly after, they were
informed he was "on vacation."


"We want an answer," said
Mrs Gottlieb. "What are they
going to do about (the officer in
question). Is he really on vaca-
tion or has he been suspend-
ed?"
Yesterday, the officer in
charge of the station where the
officer handling their case was
stationed admitted that he had
"found that everything that
should've been done had not
been done" by the officer after
he was put .in charge of the case.
The officer in charge said that,
having brought in the officer in
question to question him about
his concerns, he was informed
by the officer that he was under
some stress at home. The senior
officer allowed him leave.
He told The Tribune: "I don't
want to be too tough on him."
He refused to give the newspa-
per the officer's first name.
"In this day and time we do
not want our officers to feel we
are not concerned about their
welfare. At the same time we
want the public to be assured that
their concerns are being looked
at," added the senior officer.
Mrs Gottlieb claimed that she
and her husband were made to
feel that they were a "burden"
on the force when they made


efforts to discover the status of
their case and have yet to
achieve any resolution.
"We have been violated in
our own home and nothing is
being done about it nothing
- not even a simple phone call
from the RBPF to tell us what
they are doing," said Mrs Got-
tlieb in a letter sent to The Tri-
bune last week.
"We were not expecting to
get our items back, (but it seems
as though) no one's paying
attention and they don't care,"
she said.

Reward

Yesterday, Mrs Gottlieb
described how in May she
found a back door window shat-
tered and her home ransacked.
She estimates that between
$50,000 and $70,000 worth of
items had been stolen. A
butcher's knife, taken from the
kitchen, was found in the cou-
ple's underwear draw.
Mrs Gottlieb claims that she
was told by another officer that
it was soon after she and her
husband offered a reward in
relation to the case that the par-
ticular officer about whom they


have raised concerns "took
over" the matter.
The Gottliebs believe that the
police had "more than enough"
evidence to bring charges
against one individual who was
taken into custody, including a
positive identification of a car
which was seen on the.scene.
However, they failed to do so.
Mrs Gottlieb said that, in
view of her experience, it is no
wonder that crime is on the rise.
"The criminal elements here
know they have a good chance
of getting away with it because


of the amateur police work that
is being done by the police
force," she said.
When pressed, the officer in
charge of the station said that
an investigation into the allega-
tions made about the officer
would be carried out when he
returns to his position. He could
not say exactly when that would
be, however.
Another senior officer at the
station claimed to be unaware
of the case when contacted by
The Tribune about the matter
last week.


69 kilo-watt transfer switch,
when he was hit by live voltage.
"The electrical power that
had been turned off reportedly
suddenly came back on result-
ing in Rolle being hit by live.
voltage, which knocked him
from his work position, about
20 feet down onto the ground,"
said Mr Rahming.
EMS personnel and the
police were notified and
responded to the scene.
Mr Rahming said officers of
the Central Detective Unit are
presently conducting an inves-
tigation into the incident.
The Grand Bahama Power
Company has also begun an
investigation of its own into the
matter.
As a result of the incident,
power was interrupted to most
parts of the island, including
West End, the industrial park, a
large section of the commercial
and downtown area, and the
eastern part of the island.
With the exception of the
downtown area, power had
been restored by about 11am.
"At this time our thoughts


are with the injured contractor
and his family, and we are hope-
ful for his swift recovery," said a
press release issued by the
GBPA. "The Grand Bahama
Power Company has always
placed the highest priority on
the safety of our staff and all
individuals working for us."
This is the second incident
this year in which a worker was
electrocuted while working for
the GBPA.
Christly Smith, an employee
at the company, was injured
early this year after being hit
by live voltage while working
on the Queen's Highway.


Pest0Contrl'


FirstCaribbean gives

to Education Ministry








-J








FIRSTCARIBBEAN INTERNATIONAL Bank donated a cheque to the
Ministry of Education for use in its National Literacy Electronic Media
Programme. From left at the presentation: Marcia McPhee, Ministry of
Education; Alfreda Cooper, consultant, Ministry of Education; Byron
Miller, FirstCaribbean and Narissa Hamilton, Ministry of Education.


Power company worker in


serious condition after fall


GREAT

NEW ,

LOOKS


pt.
-':.? W; - : 4~: "~'
I
P L. 11
''L'
Frc~-~
s
-I
EL;i~h~kh~Lt~-t7


Harbour Green Shops at Lyford Cay
Telephone: (242) 362-6656
Bayparl Building, Parliament Street
Telephone: (242) 323-8240 Fax: (242) 326-9953
P.O. Box N-121, Nassau, N.P., Bahamas
e-mail: info@colesofnassau.com


MOPRLEY

FOR

MEN


* By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT A contractor
working at the Grand Bahama
Power Company fell 20 feet to
ground after being electrified
while working on a 69 kilo-watt
transfer switch at the genera-
tion plant yesterday morning.
The industrial accident
occurred at about 7.15am at the
company's Steam Plant on Peel
Street, where 22-year-old Leslie
Rolle, an employee of Mechan-
ical Engineering Company, was
injured.
Rolle, a resident of No 187
Flamingo Lane, Royal Bahami-
an Estates, is detained with seri-
ous injuries at Rand Memorial
Hospital. His condition has
been stabilised following emer-
gency medical treatment.
Chief Superintendent Basil
Rahming said that Mechanical
Engineering Company was con-
tracted to carry out certain
repairs at the Steam Plant.
He said that Rolle, an elec-
trician helper, was working on a


v/


I)F:V:l'.OPRS have been
glvc aIpprovaill in principle for
an idyllic new car-free "town" in
south Abaco which could create
hundreds of jobs.
The 220-acre Schooner Bay
project 30 miles south of Marsh
Harbour will, if given the final
go-ahead, be a major economic
boost for an isolated area near
Bahama Palm Beach and Cross-
ing Rocks.
"It's in the middle of nowhere
near one of the most pristine
pieces of coastline on the
island," a source said yesterday.
"If it goes ahead, it will proba-
bly be bigger than Winding Bay
and Baker's Bay combined."
The idea is to build 600 condo
and homes units in a self-con-
tained community with its own
fire station, public clinic, restau-


'''' ;i
i I


W.






PAGE 4, WEDNESDAY, SEPTEMBER 5, 2007


THE TRIBUNE


EDITOR S L' -S T 3H E EDITOR


The Tribune Limited
NULLIUS ADDICTUS.IURARL IN VERBA MA(IS/I RI
Being Bound to Swear to The Dogmas oj No Master

LEONE. H. DUPUCH, Publisher/Editor 1903--914

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

Published Daily Monday to Saturday

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

TELEPHONES
Switchboard (News, Circulation and Advertising) 322-1986
Advertising Manager (242) 502-2352
Circulation Department (242) 502-2387

Republican senator draws criticism


FRED THOMPSON, the actor and former
Tennessee senator, isn't scheduled to announce
his campaign for president until Thursday. but
he has made his intentions known. For months,
Thompson has flirted openly with entering the
Republican field.
The website for his exploratory committee
touts a "national house party to hear Fred
Thompson announce his campaign." At this
point, the only way Thompson could surprise
anyone would be to opt out of the race.
Somehow, though, Thompson could not quite
get himself into the race in time to take part in
Wednesday night's debate, co-sponsored by the
New Hampshire Republican Party. He seems to
be ducking a prime chance to spar with his
rivals in a vital early-primary state and to let
voters size him up against them. He's slated to
appear on Jay Leno's show instead.
The episode illustrates how silly the reluc-
tant-candidate-waiting-in-the-wings routine has
become. Long after others have declared,
Thompson is still campaigning by striptease.
It's well past time for him to submit to closer


scrutiny by voters. in New Hampshire iid else-
where.
Republicans in New Hampshine ae rightly
annoyed. New Hampshire party chairman Fei
gus Cullen said Thompson has deliberatcly
timed his announcement to avoid the debate
'New Hampshire voters could bh loItgiven loi
wondering whether he's icady lot ai subslatn
tive discussion of the issues," Cullen said. "and
for wondering what the heck he's been doing all
summer if not preparing for a substantive dis-
cussion of the issues."
Thompson's backers compare him with
Ronald Reagan. another actor-politician. But
the-ex-senator's campaign seems based on a;
romantic theory of political campaigning. N\\ s
of his interest would touch off a wave of Fred-
mania (and a flood of donations), as Republi-
cans dissatisfied with their other choices gravi-
tated to Thompson. But a few seasons of "Law
and Order" do not a new Reagan make and
even that modem Republican icon lost a bruis-
ing nomination battle in 1976 before emerging
victorious four years late


WHEN the radical Shi'ite cleric Moqtada
Sadr called last week for a freeze on his Mahdi
Army's operations, it might have been tempting
to take it as a positive step toward reducing
violence and promoting stability in Iraq. But
even if his directive is heeded by most compo-
nents of the far-from-unitary Mahdi Army, any
such time-out will only be a tactical pause to let
Sadr's forces regroup. It hardly portends a trans-
formation of the basic situation in Iraq.
Iraq is a smashed state. Indeed, the govern-
ment housed in Baghdad's fortified Green Zone
is practically irrelevant to the multifarious pow-
er struggles fought in the streets by disparate
militias and gangs.
The fracturing of Iraq has had tragic conse-
quences for Iraqis who lost their families, their
homes, and their communities amid the anar-
chy. Before the war, many Iraqis had hoped
that a pluralist sense of national identity could
be cultivated in the aftermath of Saddam Hus-
sein's overthrow. That illusion is long since lost.
And however the blame is apportioned for
Iraq's shattering, the desolating reality is that
Iraq has devolved into a collection of separate
cities and regions ruled by sectarian or criminal
militias and the warlords who command the
men with guns.
This is the background to Sadr's call for a
temporary halt to armed operations by his mili-
tia. The Mahdi Army fought murderous battles
last week with their main Shi'ite rivals, the Iran-
ian-trained Badr Organization, in the holy city
of Najaf during solemn Shi'ite religious cere-
monies. The bloodshed tainted the Mahdi


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Army's reputation. It gave the lie to Sadr's
efforts to depict himself as the pious heir of
revered Shi'ite clerics, a leader who defends
poor Shi'ites but nevertheless remains a non-
sectarian Iraqi nationalist.
The Mahdi Army's murder of Sunnis and its
ruthless uprooting of Sunni families from mixed
Baghdad neighborhoods have not harmed
Sadr's reputation in the Shi'ite slums of Bagh-
dad. He could attribute those depredations to
rogue elements. But there was no disguising
the disrespect for religious proprieties and the
power-lust shown in the gang warfare in Najal
against the Badr Organization, the militia ot
Abdul Aziz Hakim. Sadr's rnail for conltol C of
Iraq's oil-rich south.
Sadr's freeze on military operations is morle a
public-relations ploy than a sign that reconcile-
ation is imminent among key liha\i \warlords 0a
between his anti-American Mahdi Arm\ and
what he calls the foreign occupation forces.
There may be temporary lulls and itiuces, but no
end can be expected an\ time soon to the Cnl nl
sided fight for power- a light not onl\ between
Sunni Arabs and Shi'itcs but among the dis-
parate factions, tribes, and gangs in each sec-
tarian camp.
Because Iraq has been sundered into sepal ate
fiefdoms and has descended into Somalia-style
warlordism, there is no identifiable enemy over
whom President Bush may claim victory. There
are now many different wars in lhaq. but none
that America can win.
(* These articles are
from The Boston Globe 2007)


Government land



acquisitions for private



developer set a



dangerous precedent


ED)ITOR, The Tribune.
ONE of the main concerns
expressed by Bahamians dur-
ing rccnlt town meetings held
to discuss the proposed
Albany and South Ocean
developments was acquisition
of Bahaniian land to facilitate
the Albany developers.
Albany wants to acquire
Ihe existing coast road for
their private use inside the
proposed gated community.
Albany is a partnership
between Tiger Woods, Ernie
Els and Joe Louis' Tavistock
Group.
DIuring the town meetings,
the developer claimed they
have to divert the public road
away from the coast and build
a new road around the pro-
posed development.
According to Minister of
Works Dr. Earl Deveaux, the
government will have to
acquire private property from
Bahamians to build the new
road to facilitate the develop-
ment.
The developers confirmed
they would be funding con-
struction of the new road, and
putting up the funds for gov-
ell nient to acquiic thle private
properly from Bahamians
along the new road.
Some Bahamians objected
strongly to Albany's proposed
road diversion, and to the gov-
ernment's proposed acquisi-
tion of private property for
the road.
According to one Bahami-
an. "it appears the developers
are trying to use the strong
armn of government to take
poor people's property so the
private developer can use the
existing coast road for million
dollar homes."
DUuring the meetings. Dr.
Deveaux explained that there
are numerous examples of the
government taking private
land for roads for the public
good.
To my knowledge, he did
not sav that there are lnumer-
outs examples of the go\ eml-
inent taking pri\'ate property
to facilitate a private develop-
ei.
To clarify this point. 1 have
written Dr. Deveaux to con-
firm government's position on
acquiring private property for
the benefit of a private devel-
.oper.
Dangerous precedent
If government acquires pri-


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vate property from Bahami-
ans to facilitate the private
developer, not only will they
break trust with the Bahamian
people, they will also set a
precedent that any govern-
ment can take any private
property anywhere in the
country for a private*
developer at anytime for any
purpose.
Not only could the prece-
dent discredit the country, it
could destabilize the entire
concept of private property
ownership and put the country
in a death spiral of acquisi-
tions of private property by
developers and/or unscrupu-
lous future governments that
could use such a precedent to
take property from Bahami-
ans.
If the precedent of using
government to acquire private
property for a private devel-


oper is established, it could
also be dangerous for the
Albany developers.
For example, if an
unscrupulous future govern-
ment wanted to take Tiger
Woods or Ernie Els' house in
Albany, or Joe Louis' house in
Lyford Cay, for the benefit of
another private developer,
they could take them simply
by citing the Albany prece-
dent.
More important for the
Bahamian people, however, is
the fact that government could
use the precedent to take pri-
vate property from a small
shop owner in Grants Town
to build a new shopping centre
for a developer friend of a
politician.
If this precedent is set, it
clears the way for government
to make a mockery of proper-
ty ownership in The Bahamas
by taking private property for
the benefit of a developer.

ETIENNE DUPUCH
Nassau,
September 3, 2007.


Responding to


stray dogs letter

EDITOR, The Tribune.
I READ with interest Dr Storr's letterin your newspaper of
the August 29. 2007.
Your headline to the letter "Stray dogs: a nuisance or proud
symbol?" raises a very interesting question. The first part of this
question was addressed by a research class at The College of The
Bahamas in 2006. The results from interviewing 496 residents
throughout New Providence showed that dogs are indeed the
most common neighbourhood nuisance. About 68 per cent of
respondents said that dogs barking at night were a nuisance and
64 per cent complained of dogs roaming on their property. Of
note was that while many people complained about dogs mak-
ing a noise, people rarely did anything about it, least of all call
the police. In 2007. another research class at the College
observed 551 dogs in 14 locations in Nassau and the data clear-
vl showed that the dogs which are primarily responsible for
the barking at night are confined. Other research has shown that
many people keep dogs "for protection" and that most dogs are
kept outside of the home, while some are even allowed to
roam: so dogs are indeed kept in order to bark: a function they
clearly perform to the extent that it has become a major com-
ponent of neighbourhood noise.
These studies clearly show that the way we keep our dogs, and
the work to which we put dogs. must result in irritation to our
neighbours. Our tolerance to this man-made nuisance is either
exemplary or extraordinary: William Drysdale wrote in 1885
"Everyone in Nassau has a dog, and they all bark all night," so
nothing appears to have changed in 122 years.
How much longer are we going to wait before we decide to
take the action required so that we can sleep in peace?
WILLIAM FIELDING
Nassau.
August, 2007.

(Perusing letters published in this newspaper in the last centu-
ry. Nassau's barking dogs -- they went on sentry dutv, around
midnight and barked 'til dawn were the main complaint of vis-
itors staying at the Royal Victoria Hotel. The fact that Nassau's
central prison was just around the corner, never turned a hair on
the visitor's head, lnt the harking dogs did. Ed).


Share your news
'Fhe Tribune wants to hear
front people who are
making news in their
Vout are raising fullds for ai

for inprovc'mfents in the
area or have won anl
award.
If so, call us on 322- 1986
and share vour storv.


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reject any or all applicants.


Iraq's war of the warlords


!I I14IA


16ib

.t~PL











Oln brief Boat carrying suspected illegal immigrants runs aground


First yacht
docks at
de Savary's
new marina
ST GEORGE'S, Grenada
When North Carolina
yachtsman Fred Mittermeir
came calling on Grenada this
week he became the first to
officially moor a yacht at
Peter de Savary's new Port
Louis Marina.
Fred sailed his yacht, The
Rhapsody, from St Maarten
to Grenada and has chosen
to spend the next four
months at the new Port Louis
Marina.
He and his wife are not vis-
iting Grenada for the first
time but are the first cus-
tomers of the new berthing
facilities at Port Louis.
Marina and village manag-
er Danny Donelan and Har-
bour master Junior Cuffie
were on hand to welcome
Fred to Port Louis and to
Grenada as they sailed the
58 foot Rhapsody into the
Port Louis marina.
Fred expressed excitement
over being first to drop
anchor at the new facility and
commented on the excellent
work in progress by the Port
Louis team to create the new
marina.
"I feel at home already,"
said Fred as he disembarked
to have a drink at the new
Victory Bar. "This marina is
one of the most beautiful I
have seen, I look forward to
my holiday here and indeed
to spending Christmas in
Grenada."
Danny Donelan comment-
ed on what he termed a new
form of niche tourism for
Grenada.
"The yachting sector is one
of the fastest growing tourism
markets. We at Port.Louis
Grenada intend to capitalise
on that niche by providing
the best service to our visiting
yachter. The Port Louis mari-
na development will preserve
the natural beauty of the area
while providing some of the
best facilities for all types of
yachts, their owners and the
residents of the village."
Port Louis Grenada is an
EC$1.5 billion maritime vil-
lage and marina.
It is the creation of Peter
de Savary, international
entrepreneur and former
owner of the Abaco Club at
Winding Bay -in the
Bahamas.
The project will include a
world class marina with up
to 350 slips and yachting facil-
ities for vessels up to 100
metres long, 37 estate lots for
individual villas from 3,000
square feet, 22 hillside apart-
ments and a marina village.
Plans also include a 120
room luxury five-star hotel,
a world class premier spa and
well being lifestyle centre, a
120 room family and business
hotel, restoration of the
lagoon including the recla-
mation and renovation of the
seafront, proposed revitali-
sation and augmentation of
Pandy Beach to complement
that of Grand Anse, employ-
ment prospects for between
500 and 800 staff wtth train-
ing and career opportunities.
"Within the Caribbean and
West Indies, Port Louis will
be a unique comprehensive
village community exuding
charm and character and will
include a vibrant daily mar-
ket," said the developers in a
statement.




INSIGHT


For the stories


behind the

news, read


Insight on


I Monday



* I
TRle~oeeoOPICeAoLo1l
UTERM INA"TRS
PES CONJ 1 TRO12E Di '


THE SUSPECTED Haitian illegal immigrants in Long Island, after their vessel ran aground
off the coast


II#1Y


SOME OF the female Haitian immigrants aboard HMBS Bahamas being transported to the
capital on Monday evening.


Group plans to raise $lm to




aid in fight against crime


A LOCAL non-profit organ-
isation is hoping to raise $1 nmil-
lion to assist in the fight against
crime.
Sponsored by the Council for
Social and Economic Develop-
ment in conjunction with the
Bahamas Christian Council and
Civil Society Bahamas,
Bahamas Against Crime is a
private sector national anti-
crime project modelled on
Hands Across the Bahamas, the
highly successful anti-drug pro-
ject sponsored by the Rotary
Clubs in 1988.
The principal objectives of


Bahamas Against Crime are:
To assemble 150,000 per-
sons to link hands .along pre-
scribed routes across the major
islands in a demonstration of
individual and collective oppo-
sition to crime.
To raise $1 million for the
fight against crime in the
Bahamas.
The first phase of the project
will last for several months and
will include several major com-
ponents.
An ecumenical service.
A cultural extravaganza.
An art contest.
A song contest.


An essay contest.
The Hands Across
Bahamas demonstration.
Subsequent phases will
ensure the continuity of the pro-
ject into the future in order to
secure the gains made, the
organizers say.
The main sources of the fund
raising component will be:
Corporate Partnership
a) Platinum $50,000
b) Gold $30,000 -
$50,000
c) Silver
$15,000 -$30,000
d) Bronze
$5,000 -$15,000


Sale of anti-crime badges
Sale of T-shirts
Special events/donations.
The funds raised will be
applied in the fight against
crime, including:
Project SURE
National youth programmes
Police force community
programmes
Crime prevention educa-
tion
Private sector anti-crime
projects
Reward programmes
The Bahamas against crime
will be managed by an executive
committee supported by a large


number of sub-committees in
New Providence and the Fami-
ly Islands, and independent
audited financial report by a
national accounting house will
be published at the conclusion
of the project.
"It is expected that all gov-
ernment ministries and agen-
cies along with non-govern-
mental organizations will be
actively involved," said the
organizers in a statement.
A website
www.bahamasagainstcrime.org
is being established to facilitate
the scope of the project.


Former BDM candidate joins up with PLP


FORMER Bahamas Democ-
ratic Party candidate Omar
Archer has confirmed that he
is now a card-carrying member
of the opposition Progressive
Liberal Party.
Mr Archer issued a statement
yesterday saying that former
prime minister Perry Christie is
"the bridge to the future" and
that after consultation with
attorney Paul Moss, who also
recently join the PLP. he is con-
fident about the decision.
He said the move is "one of
those proactive measures that
will yield beneficial results for
all Bahamians."
"For far too long the vices
and the concerns of the masses
tend to fall upon deaf ears after


general elections in this coun-
try." Mr Archer said. "We as a
people have been left with one
word seared into our con-
sciousness: accountability.
"We are the ones who can
hold this government's feet
grip(ped) firmly by the ankles
in burning distance over a rag-
ing fire and demand both
transparency and accountabil-
ity in governance." said Mr
Archer.
He said the 21st century
requires "wise but auda-
cious" leaders: "those of
whom the mere thought
inspires hope. Hope for a
better future and country for
our children."
Mr Archer also called on the


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Call:


government to consult with the
public on such "vital" issues as:
CSME, land reform, immigra-


tion reform, prison reform and
most importantly education
reform.


He said that yesterday's deci-
sion "will be felt for generations
to come."


FRIDAY SEPTEMBER 7th their will be a



FUND RAISER

for DEBRA FERNANDER
(club waterloo's cook) at at CLUB WATERLOO
with the best LUNCH SPECIALS YOU WILL
FIND ON THE ISLAND.

Come and support the family and friends of Debra and
call in your lunch orders for pick up(393-7324) or come and
enjoy your lunch and eat by the pool.

Fried Snapper Steam Pork Chop Pea's n rice
* Macaroni & Cheese Coles slaw Fried Plantain




Come and support the family and friends of

DEBRA FERNANDER
(club waterloo's cook)in a MONEY DRIVE in aid of her
MEDICAL FUNDS
this friday SEPTEMBER 7th at CLUB WATERLOO'S HAPPY
HOUR MONEY DRIVE from 4p.m. until 4a.m.




Come and Support a SOUCE OUT in aid of a
MEDICAL FUND for
DEBRA FERNANDER

(club waterloo's cook) at CLUB WATERLOO
on East Bay Street this Saturday
SEPTEMBER 8th from I la.m. Until.

Call in your order's for pick up at 393-7324
or come and join us by thepool and enjoy your souce.

Chicken Souce Sheep tounge souce
Pigs feet souce
Served with grits orjohnny cake


WEDNESDAY, SEPTEMBER 5, 2007, PAGE 5


THE TRIBUNE







THE TRIBUNE.


PAGE 6, WEDNESDAY, SEPTEMBER 5, 2007


LOCAL NEWS


Officers make tour of homes for


Fire Safety Awareness Week


Officers from the
fire department
gave residents
advice about
fire safety and
smoke alarms

Photos by Felip6 Major


WOMAN CRP
2771 Arthur
from the fire
department
walks wih
residents in
McKinney
Drive, letting
them know
about Fire
Safety
Awareness
Week


RESERVE
R530 places
a smoke
detector in
the home of
residents
in the
Mckinney
Drive area


LA>


SGT 4220 Elroy Knowles and Inspector Bradley Knowles present Gary Ferguson Jr with a smoke detector as
part of the tour


INSPECTOR BRADLEY Knowles from the fire department directs his officers on a walkabout in Mckinney
Drive


s continued lack of fire


station condemned by attorney


* By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net
FREEPORT A prominent
Grand Bahama attorney has
expressed outrage that after
nearly four years the nation's
second city Freeport is still
without a fire station.
Lawyer Fred Smith on Tues-
day visited the site of the old
fire station on Settler's Way,
where only a few shards of
scrap metal and concrete slab
are all that remain of the demol-
ished building that was
destroyed by hurricane, in 2004.
"After having celebrated
Freeport's 50th anniversary a
couple of years ago, it is a dis-
grace that a city, which is as
modern as Freeport and which
internationally boasts of such a
fantastic infrastructure, has no
fire station," said Mr Smith.
"This is completely unac-
ceptable. As one of the 3,500
licensees who pay license fees in
Freeport ... I expect that a
decent fire station would be part
of the quality provision of infra-
structural services in Freeport."
Mr Smith believes that itis
"hypocritical" to be attracting
foreign development to Grand
Bahama when Freeport lacks


6IM S TH fe 6 t( g S n t f diBS 6 BB


proper fire facilities.
He commended firemen here
for a job well done over the
years despite being subjected
to working in adverse condi-
tions without a fire station.
Firemen are currently sta
tioned in less than adequate
facilities at the old police mobile
compound at Shipton Drive.
While addressing the open-
ing of Fire Safety Awareness
Week on Monday, Pincridgc


&eve


I




LOTS
OF NEW


MP Kwasi Thompson told fire
fighters that government will
begin soon on identifying a suit-
able property lor a new fire stai
lion.
Mr Smith feels that it is long
overdue.
"We are now nearly four
years laler, a;nd neither the for-
Iner PLP government, nor the
Grand Bahama Port Authority
(GBPA) have seen fit to focus
aniy of their energies on provid-


ing the second city of the
Bahamas with a decent fire sta-
tion or even replacing the old
tire station that existed.
"I call on the FNM to urgent-
ly address the need in Freeport
for a modern fire station which
will provide adequate facilities
for the second city of the
Bahamas, for the industrial cap
ital of the Bahamas, for the
Bahamas maritime centre, for
a community where we are


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attracting billion of dollars
worth of investments from the
Stanley Morgan Group, the
Ginn Development, and other
developers." he said.
Mr Smith claims that the
GBPA has been "negligent" in
its responsibility of the admin-
istration and control of Freeport
because of its failure to address
the fire fighting needs of
Freeport.
"I call on executives of the
PA to wake up and get on with
their responsibility as a quasi-
government responsible for the
iadinllistration and control of
Freeport under the Hawkshill
(reek Agreement.
"There is no sense in the Port
Authority pointing the finger at
the government, or the govern-
ment pointing the finger at the
Port Authority. Between the


two of them, they need to make
sure that the 60,00. Bahamians
who live in Grand Bahama have
adequate fire fighting facilities."
he said.
Mr Smith stated that there is
a need for several fire stations.
and more fire hydrants through
out Grand Bahama.
The attorney stressed that
Grand Bahama should not be
deprived of essential fire and
rescue facilities since both the
Port Authority and the govern
ment benefit from the millions
of dollars earned each year
from residents.
"It is not all about selling and
raking money into the coffers
of the Port Authority. The PA
has a monopoly in Freeport for
99 years and the government
has given it many tax exemp-
tions.
"And, on top of that we pay
over $150 million into the
national treasury every year
which is hardly spent by the
PLP or FNM in Freeport.
"We should have a city that is
a shining example of a modern
metropolis with fabulously
maintained infrastructure
because licensees and residents
of Freeport pay millions of dol
lars a year in license fees, ser
vice charges, and harbour and
airport fees.
"I call on the government and
the Port to do right by the peo
pie of Freeport and the
licensees, and ... get on with
building a proper fire station
and providing modern facilities
for the health and safety of the
00,000 Bahamians and foreign-
ers who live here," Mr Smith
said.


Share your news

from people who are
making news in their
neighborhoods. Ierhaps
volu arc raising funds for a
good cause, camfpignIng
for imlprovclcnts in the
area or have won an

If so, call us on 322-1986
and share your story.


__ _ _I


---

















"Literacy is indispensable to one's ability to befully productive

til(ld t(o/II h)mIII~ til l opli/iit/l h'I'1 in tMe 21sI ce'lm yli'lt i/tore

tM///n t M ltileric is tibs/ t/'l' essetial "br ole'sI peJrsoitl/ dh el-

ome/t/l i/l1 qualitil' oI /. e,() be able to read is t, blate access (to
the t'orid of books intd tINhe eI/icbingi imnigilitioi q f cieative

/li/ldS tihiroligho llte1 ages. -",
SIR ARTHUR FOUILKES












Finding a solution to the problems of




the Grand Bahama Port Authority


Oh what a tangled web we
weave,
When first we practise to
deceive!
Sir Walter Scott

L ast week's synopsis of
the struggle for con-
trol of the Grand Bahama Port
Authority generated some
interesting comments:
"Fred Smith's suit asking the
GBPA to hire a town manager
and town planners is creative,
but mnisses the larger point -
where would they find a conl-
petent town manager willing to
work in company town, not a
real town?
"Whit a modern corporation
would want to own' and operate
a company town is beyond imy
comprehension. Governing a
town is a thankless task, and
can never turn a profit. That's
why (in the US) it's almost
always done by an elected local
government
"The notion thai tlhe
Bahamats is nor ready for elect-
ed local governments with their
own tax and budget authority
is also beyond my comiprehen-
sion. I've worked with plenty
of local governments in the US
as a consultant. I think then
elected officials and staff are,
on average, no better and no
worse than what you d get. Pomn
Bahamian local government.
"Seems to Ime the inew FNM
government and the GBPA
would both have a strong incen-
tive to nlake Freeport a show-
case for an independent, locallv
elected and financed municipal
government. Bob Knaus



A simple synop-
1 sis, ifsomewhat
sanitized. The devil is in the
details, however Details that,
in their personal squabble over
the one-time assets of the Port
Authority, have been uniwit-
tingly revealed by the feuding
shareholders to largely apathetic
government and licensees.
"How did the assets of the
Port Authority come to he in pri-
vate hands in other non-Bahanli-
an holding companies? We have
asked and received no satisfic-


torv answer as lo the status of
lilt' seven (nd 11 half pci ce(nt
share of'the Port piirchased with
public funds, or the revenue
derived from the beneficial own-
ership thereof, or the proceeds
from the sale thereof.
"What of the annual audits
that w.erie a requirement of pub-
lic treasury purchase of
shares? Consider that when the
government bought those
shares, the Port had assets. It
certainly ino longer ownss imany
of those assets. Did the public/
treasury receive its slthar of the
special .dividends?
"Most notable is the silence of
successive governniensiI in this


TOUGH CALL


acquisition of 7.5 per cent of
the Port Authority for just
under a million dollars, the
right to audit the books and to
appoint a director to the board.
and an obligation for the Port
to consult with the government
on majoi decisions and license
approvals
The Benguet marriage was


Smith was successful in get-
ting a court injunction to stop
Hayward selling his shares -
purportedly to Hannes Babak,
which the St George family
strongly opposes.


inockery ( ould fltherr e some
collusioll inlvol ved' t hl ese
things should be discovered.
and there is a licensee effort to
do .o, e'en iif lonil\ fin lh saike
of posterity Let th ire''cid
show howeverr, that these cques-.
tions were asked.
"Until the public shareholhIli
squabble, and attendant feed-
ing frenzy of the opportunistic
wannabees, nione had even
heard of' ID( Panama. IDC
Cayman. Fiduciaryi Manage-
ment. Seashell, etc, etc." -
Chris Lowe

The government share-
holding Mr Lowe
refers to cane aboui because
of an obscure deal in 1968
between Freeport's founder -
Wallace Groves --- and a Fil-
ipmno mining comipalny called
Bengue consolidated d 'IThe
sale oi eil ge was
reportedly worth $80 million
to (Gloves and was reluctantly
approved by tlK government
on largely secret terms.
Those terms included the


short-lived. In 1)72. according
to Peter Barrett in his hook
Grand Bahama, Benguet was
spun off and intercontinental
Dlve)cisiliId Inc. a Panamamian
holding company ook over all
the non-Philippine assets
mincing Freeport. Interconti-
nental is the company that fea-
tures in the current ownership
dispute between the Edward
St George estate and Sir Jack
Haxyward.



Believe yvou are
incorrect in saying
tlhat Edward St. George in 1967
'returned to the Bahamlas to
work for Firth Cleveland The
late .olhn Lambert of Freeport
maintained to me that lie
returned 'on spec' and that
Lambert gave hlini his first nine
companies with St.George as
an attorney in tlihe Kipling
Building Lainherf was clear ont
this poinm. St.(George had no
contact with Sir Charles HIay
ward atit that time. (Nor is thiis


k~' irnS


-mmm \


point dealt with clearly enough
in the obituary written by Sarah
St. George of her father. In fact
the '/many other lives of
S(.George' are glossed over).
"I believe I in ci/ recel inl
thinking that ilh( lake-over of
thle GBPA from (Giove, w11\
the subject of a W'ashlingtion
based enquui'...l wish I'd taken-
11 copy no' / recall St (George
telling inc wIith some lorcefId-
ness, ill 1987 1 think. tlhatl e
andt Sit lack were 50:50t qwn-
ers ..and tils was a jolt lo me
as. I'd lieen iled to believe thial
they iwert rough 85:1.5 After
this St. (;(orge,( Ic general
I IioreI toaserltive, stand thltl w'as
oii ra'so ti I ci ithlic Ba/iamas
in i/sN


lievablv and I really/ wondered
what I'd let myself in for...so
froln 144,000 passengers per
a(uiiimi in 1980 to 750,000 in
1988. And berthed in the corner
oJ No.I Basin was Vesco's
vachi. spirited out of the Miami
River. -John Hinchcliffe

Freeport lawyer Fred
Smith, who represents
the St George family, was suc-
cessful last week in getting the
Supreme C((ourt his clients and
Sni Jack Havward as equal
partners of their Grand
Bahama interests. Smith was
also successful in getting a
couri injunction to stop Hay-
ward selling his shares pur-
portedly to Hannes Babak,
which the St George family
strongly opposes.
But the legal struggle is not
over The St George's are now
accusing Hayward of seeking
to "t'irudulentlv" assume con-
ino o the several companies
lhat hold shares in the GBPA


Running a company town like
Freeport is not entirely
thankless, or there wouldn't
be all this fussing and fighting
amongst the principals.



"One little' noi .wi 'Ii and Port (Iroup Lid. They also
arrived at Freeport Harlboir us allege thai. Hayward was
the iinew Port I)irecuto in "induced" to do so by Babak
Novemibel 190. the wholee Smith says the St George
faciility 'as rit-dowltn unibe- family is prepared to work with


the government and the
licensees to "restructure gov-
ernance in Freeport separate
and apart from their private
business interests."
Meanwhile, several Bahami-
ans who are close to, directly
affected by, or professionally
driven to support settlement
of the Port dispute have report-
edly called for the prime min-
ister to become directly
engaged in the process. They
say the Port Authority (the
administrative and regulatory
arm) and Port Group Ltd
(which holds most of
Freeport's assets) should be
restructured both operational-
ly and legally to resolve seri-
ous conflicts of interest.

U under this scenario,
the Hayward and St
George families would retain
ownership of the Port Group
assets while the GBPA would
be spun off at fair market value
with participation offered to a
wide spectrum of local share-
holders. The GBPA would
focus on economic develop-
ment and the provision of
municipal' services.
Apparently. running a com-
pany town like Freeport is not
entirely thankless, or there
wouldn't be all this fussing and
fighting amongst the principals.
There's clearly a lot ot greed
involved, and clearly there
needs to be some transparency
and devolution of power to
licensees and citizens. Some-
one has to bring some ratio-
nality to this situation soon.

What do you think? Send
comments to larry@tribune-
media.net Or visit
www.bahamapundit.com


FRIDAY m SETM BER 7TH, 207



^^^^^^^^^^K1. G. TSTUBBjiS W ILLSL
(A) Brand new IBDodgDuang- 00
4 Door SLT Wagon^
Current L icense late #1983 Gra









TiBme: 12:00 Noomn -Fia Spebr t,20
^^^^^^^B O^B ewl n di I~nspecti on iiT T ouj I 0:00 a^^m.
Al I items: subject to .'a !, reserve price, and te right of the Auctionee

hi bhal tobidup t tht pice

or any p-"sBon'o 1 iB s T
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Da w hthe rt no erZdlH bashall upeceethi or ny ubseuen
advertisement.mf^Tf~iT?^^^^^^^^^^^^


WEDNESDAY, SEPTEMBER 5, 2007, PAGE 7


THE TRIBUNE


~ ~Cl)~i[
Is~s~a



~r$lmrp~






THE TRIBUNE


PAGE 8, WEDNESDAY, SEPTEMBER 5, 2007


Nassau


Village


drainage and




garbage woes


NASSAU Village has
become an irritation to resi-
dents and drivers alike, as
garbage continues to pile up
and drainage is an ongoing
problem..
One resident pointed out the
irony of the sign at the entrance
to the village which reads
"Lets Renew and Change . .
Together!" but is surrounded
by solid waste.
Each time it rains heavily, the
entrance reportedly floods and
is very slow to drain a con-
stant source of annoyance for
motorists going in and out of
the village.
Some time ago, a drainage
system was set up in the area,
but residents say this has fallen
into disrepair and now the


Problems for both

motorists and residents


water rises higher and higher
each time it rains.
"Pedestrians seeking to gain
entrance into the village or exit-
ing to Soldier Road find them-
selves (if they dare to try it) in
more than ankle deep black.
muddy water," said a resident.
"The water also becomes a haz-
ard for vehicles particularly
small cars with low flooring
because of the high water level,
and because of large potholes,
which cannot be seen because


they are covered up by the
water."
He said drivers are fo ced to
divert through St Michael Road
and then take a higher road that
comes out just above the water
line.
"This situation has been
going on for a \~'lvy long tinie. It
would be great if the depart-
ment responsible for this type of
problem would make an effort
to bring relief as soon as possi-
ble," the resident said.


"'W -


--


~~~ -
'i
,, ~ p~~

a~f,. __
---
--


Poets take to the stage



for 'Express Yourself'


Sunday 9th September, 2007.


Your business is important to us. To serve you better,

our maintenance programme continues this weekend

and as a result the following services will be unavailable

during the times listed below.


* ABM transactions from 1 a.m. to 8 a.m.

* Point of Sale (POS) transactions from 1 a.m. to 10 a.m.

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cause.


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accordingly.









FIRSTCARIBBEAN
INTERNATIONAL BANK
www firstrarihhb anank rcom GET THERE. TOGETHER.


POET GREGORY Neeley reads a poem during the latest session of "Express Yourself," on August 27,
2007. The event, held at "Da Island Club" in the Nassau Beach Hotel, is an open mic forum for poets,
musicians and performance artists to share their work. The next session will take place Wednesday,
September 5, 2007. at 8 p.m.


RENOWNED
PUBLISHED
poet and
journalist
Ms. Lynn
Sweeting
shares her
poetry.


UP-AND-
COMING poet
Mrs. Patrice
Johnson
reads one of
her poems.


0


fLOCNEWS


~-~--


-,-----.-..II ..I _

lr9' .
1' Irar:


----"~
~7~ ~s*~~~ d


'
-n
--
--


I


VVVVV.1112lU-a I I UML IIUdI .LUlI


T;ls~bi:


I







THE TRIBUNE


WEDNESDAY, SEPTEMBER 5, 2007, PAGE 9


LOCA NEW


Jackie Moxey Relatives of man killed in confrontation

SFROM page one with police are calling for witnesses


,tec ne\lt I ida. 'rosecutor tiel el stil-
ed during her address that around
noon ol October 25, the accused
collected the deceased from her
place of employnmelnt and took her
for a ride to the area of Clifton Pici.
lneaI l.vfoid ('av.
She said that at pmn, the accused
saW Mr Fred Mlunnings and asked
hini tlor assistance. 1 he prosecution
told the jury Mr Munnings noted
Ms Moxey had an injury to hci
'head, and subsequently followed the
couple to the Lyford Cay Hospital
where Ms Moxey was initially treat-
ed.
SThe prosecution ended its open-
ing address by stating Ms Moxey
was later taken to the Princess Mar-
garet Hospital (PMH) where she
died as a result of her injuries.
Four witnesses were called to the
stand yesterday, including a female
co-worker of the deceased, as well as
expert testimony from a medical
practitioner.
After being sworn in, Virginia
Bethel testified that in October 2005
she was employed at Bahamas
Information Services (BIS), with Ms
,Moxey. as a receptionist. She testi-
fied that she is currently employed at
BIS as a clerk. Ms Bethel told the
court that she had known the
deceased for seven and a half years
and had met the accused nine
months before Ms Moxey's death,
stating that he visited the deceased
"just about every day" at BIS.
She said that on Octpber 25 at
12.15pm. she saw the defendant get
out a burgundy coloured vehicle in
front of BIS. She said she called Ms
Moxey on the telephone to inform
her that the defendant was there to
see her. She said that the accused
kissed Jackie, but was not as affec-
tionate as he usually was.
Murrio Ducille, counsel for the
accused, objected to this statement,
arguing that it was the witness' opin-
ion.
The witness was allowed to con-
tinue. She said the accused said to
Jackie, "Let's go." However as
Jackie was not wearing the proper
shoes she said she wanted to change
them, but the accused told her, "We
coming right back."
The witness told the court she
received a call from Jackie's sister at
4.50 pm that day informing her that
Jackie was at PMH. The witness
said she went to visit Jackie, who
was being treated in the trauma
room, "hooked up to machines",
her face swollen. She appeared to be
unconscious.
During a cross-examination by
Mr Ducille, the witness told the
court she "personally saw the devil
in" the accused on the day Jackie
was injured.
During the witness' testimony,
bereaved family members of the
deceased sobbed openly and two
female relatives left the courtroom
to regain their composure.
After the witness' testimony,
Chief Justice Isaacs asked the jury to
leave the courtroom for 15 minutes.
When the jury returned, forensic
S evidence was introduced to the court
and the jury perused photographs
of the deceased taken at the post
mortem.-
The court was adjourned until
2.30 pm. When the trial reconvened,
the accused dressed in a light blue
linen pants suit, shackled at the
hands and feet, silently nodded to
his family as he shuffled towards the
defendant's box.
Dr Angela Kunz was then called
to the stand where she informed the
court that she was a duly registered
medical professional certified by the
American Board of Internal Medi-
cine and was a certified internal spe-
cialist at the Lyford Cay Clinic.
,When asked by Prosecutor Bethel
how long she had been practising
in the Bahamas, Dr Kunz said since
4 Mvarch 2003. The prosecution peti-
tioned the court to deem Dr Kunz
an expert in general medicine. This
wa s not challenged by the defence
and was granted by Chief Justice
Isaacs.
Dr Kunz testified that while on
dluty at the Lyford Cay Clinic on
October 25 she administered treat-
ment to a female patient in a vehicle
outside the clinic.
o Dr Kunz said the patient was
unconscious and had a large area of
swelling and a laceration on her
forehead, and was bleeding from
her nostrils. She identified that
patient as the deceased.
When asked by the prosecution to
describe the male companion who
accompanied Ms Moxey, Dr Kunz
said he was of "medium build",
"casually dressed" and "appeared
to be in good health."
She added the male made no
requests for treatment for himself.
She identified the male companion
as the defendant present in the
courtroom.
"I asked him what happened to
the patient ... he told me that they
wete having an argument and the
patient had fallen," she testified yes-
terday.
She told the court that due to the
extent of the patient's injuries, she
was not expected to survive. Accord-
ing to Dr Kunz, she left with the


patient by ambulance between 2.30
and 3 pm lfor PMH for neurological
testing that could not be adminis-
tered at the clinic.
While in the prisoner's dock,
Hutchinson kept his head bowed
for most of the trial. During witness
testimonies, he frequently wiped his
face with a white towel, despite the
cool temperature in the air-condi-
tioned courtroom.
The trial was adjourned to 10 am
today.


* By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net

A RELA lIVE. ot a man killed
In a confrontation with police ill
Andros, is calling for all witnesses
to the incident to come forward so
that justice cal be done in the
investigation surrounding his.
death.
Florence Pratt-Myers, accom-
panied by relatives and lawyer
Mario Gray. held a press confer-
ence yesterday at a Roland
Avenue residence in Chippingham.
to discuss the death of 24-year-old
Kenneth Russell who was killed
on Sunday.
Mrs Pratt Myers, who is the
aunt of the deceased, said that
according to the information the
family has received, Mr Russell

FROM page one


was aItt(endlig at )oot nbay festival
ait a public paik in lowe's Sound
with his cousins. The group, she
continued, did noc t have any con-
flicts with "any policee.
The facts, Mis Piralt-Myers said,
are that her nephew was shot at
close range in confrontation with
the police; police were not the first
to notify the family; and police "left
Kenny there" after the shooting.
"Kenneth Russell was a won-
derful, peaceful, fun-loving 24 year
old who worked in the construc-
tion industry. He was a communi-
ty-minded person who loved his
family and community. And (he)
served the police force as a mem-
ber of the local police softball
team," she added.
The anguished aunt told the
media that her family is not
pleased with a comment they


City Market


store, and he regards the status of the locale as unacceptable.
Mr Lightbourne lobbied for the Deli to remain open arguing that the
supermarket chain can shift workers froni other sloics who have valid
health certificates, to take the place of those who do not.
However, the prosecutor from the Ministry of Health rejected this
suggestion, he said. because this shift may deplete other stores of
their certified workers.
Magistrate Sylvester also expressed concerns with Mr Lightbournie's
suggestion. She said that the only way to operate the deli will be to have
workers with health certificates, adding that Health officials and rep-
resentatives of City Market can attempt to reach satisfactory arrange-
ment for the deli to reopen outside of the shifting workers suggestion.
It was also revealed in court by the ministry prosecutor that the last
valid health certificate for the Deli workers of which he was aware
expired in May and applications for updated certificates were only made
after the health order was issued.
In adjourning the matter until September 10th. Magistrate Sylvester
told Mr Lightbourne that it is a great concession by the prosecutor that
the store is still being allowed to operate without a sanitation certificate.
During proceedings, representatives of City Market and the ministry
did make plans to have a certification session specifically for the work-
ers who are in need of health certifications at the cost of City Market.


FROM page one
the Today show to promote her
book was cancelled after the
show's producer received "a
bristling, threatening letter" from
an attorney representing Howard
K Stern, the gossip web site TMZ
reported yesterday.
TMZ said that. in his letter,
Ster's attorney Lin Wood "made
it clear he would sue the Today
show for any.false facts that
spewed out of RitasTnouth. ----
Ms Smith's one-year-old Dan-
nielynn, who was born in Doc-
tor's Hospital in Nassau. could
inherit hundreds of millions of
dollars from the estate of the for-
mer Playboy playmate's late hus-
band, oil tycoon Howard Mar-
shall,.
'B'irkhead earlier this year
proved through DNA testing that


Controversy
he was the biological father of
the baby and currently has sole
custody of the child.
Last week OK! Magazine,
which up until this point had an
exclusive deal with Birkhead to
publish pictures of Dannielynn,
severed ties with the former pho-
tographer over the Coshy allega-
- -tions.
The magazine stated that the
newly-obtained information
makes it unconscionable.for it to
cover Dannielynn's first birthday.
The covers of this week's US
Weekly magazine and OK! Mag-
azine both feature Sterni and
Birkhead as their lead stories.
Birkhead has announced that
he will sue Cosby for defamation.


PLP candidates

FROM page one
posed by the PLP in the last election.
Elizabeth MP Malcolm Adderley is not on the list, as he is already
considered in some circles as "missing" from the party, and has long
been out of consideration for renomination.
Several former ministers, though being considered for another
opportunity in the next election, are said to have negative connotations
associated with them.
Leading this pack is Shane Gibson who had a controversial rela-
tionship with the late Anna Nicole Smith, leading to significant nega-
tive media coverage for the party. A source told The Tribune that Mr
Gibson, though popular in his Golden Gates constituency. still seems
to be enamored with the memory of Ms Smith and her colleagues as
witnessed by the recent Acklins Regatta spectacle. Consequently, he
too may make himself a liability despite his popularity in the southern
New Providence seat.
Questions have also been raised about the public perception of
Allyson Maynard-Gibson. Despite her resurgence in the Senate after
the loss in Pinewood, the document suggests that she is negatively
perceived by the public.
Fox Hill MP Fred Mitchell was also chided for his support of such
unpopular issues as'CSME; Vincent Peet is warned to stop appearing
aloof; Leslie Miller needs to soften his tone if he is to continue, and
Michael Halkitis, though liked, is said to need to sharpen his political
skills.
One Killarney PLP voter told The Tribune that they have significant
concerns that Neville Wisdom has not yet "got the message." Mi Wis-
dom still has large election posters up at the party constituency office
at Cable Beach.
The source said that "Neville needs to take them down, because he
should know he is gone."


FROM page one

servants with the Ministry of Edu-
cation, Youth, Sports and Cul-
ture have received letters from
the government informing them
that their services will no longer
be needed as of September 30,
2007.
Mr Pinder, however, explained
that it cannot be said that these
people are being laid off by the
FNM as they were never proper-
ly hired in the first place.
The Cabinet-Office in a press
release yesterday confirmed Mr
Pinder's assessment, stating that it
appears that some of the 40 per-
sons he referred to were not prop-
erly hired, and that others were
given temporary employment on
a month-to-month basis.
The government stated that no
established civil servant has been
laid off and that none can be dis-
missed without due process
according to the constitution n and
the relevant laws and regulations.
It was further stated that no
other government employees
have been laid off except in accor-
dance with the terms of their con-
tracts or in accordance with the
conditions of their employment.
In its press release the Cabinet
Office yesterday said that these
reports of "laid off" civil servants
have been "publicly discussed and


Civil Servants

the circumstances giving rise to
them have been explained. so it is
disappointing that this misinfor-
mation can still be the subject of'
such a headline."
"The government is convinced
that these reports are a part ol a
deliberate and sustained cam-
paign of disinformation by per-
sons connected with the Opposi-
tion with the clear intention of
provoking unrest and destabilis-
ing the country."
Weighing in on the matter yes-
terday. lawyer and social activist
Paul Moss said that the fact that
the proper hiring channels may
not have been used should not
affect those persons who were
given public service jobs before
the election.
"These persons may have been
hired just prior to the general
election, but they were hired
nonetheless and it is the duty of a
caring government to find ways of
keeping them employed.
"T'hese individuals did all that
they could and are not responsi-
ble for the inefficiencies of gov-
ernment which may have led to
them not being permanent," he
said.
Mr Moss said he hopes the
Prime Minister will ensure that
these persons are kept on.


heard Indicatling thaI poli<_ "will
look alter their iown." While she
also look issue with infot li alion
released by police indicating that
additional otlicels Ironm another
settlement had to he deployed to
keep order after the shooting.
"Deployed officers went there,
but the coniununity was never in
uproar," she said. "'The PI att Ifam-
ily is a well know family all over
the Bahanmas. We are a loving fam-
ily. A close knit family. A Christian
family. We don't believe in vio-
lence."
Mr Gray told the media that the
family is "looking for justice" and
that initial meetings with police
have gone well.
When asked by lThe Tribune, if
the family was prcpa cd to launch
a wrongful de atll civil suit if the
police investigation determines


wrongdoing in the death. Mr Gray
did not comment.
The family and their attorney
met on Monday with Conmmis-
sioner Farquharson, Acting
Deputy Commissioner Reginald
Ferguson, Assistant Commission-
er Marvin Dames and Sgt McKen-
zie, who is a representative of the
Family of Victims section of the
force, and will serve as a liaison


FROM page one

andi birth detecis.
Sandiland.Iis pesonnel claiin that there have been
some seven cases ol nmiscarriiages in tile past yeat.
"Salldilands is inlestcd with nlould, Stomie walls
are black with it." one nurse claimed.
A nurse Iron Ithe Lignum Vitae waid who
recently experienced aL niscarliaig told 7I'i Tt-
hinie that she is very concerned about tlie high
number of failed pi egnancies and fears the iinouild
may be partly responsible.
"I dot n' kne l \n it It's thle Inould, butitt is just sot
strange that so main of us had iniscai riages whoi all
work in the same aiea," she said.
Speaking with The Tribmni yesterday, managing
director of Ihe Public's llospilatl Authority
(PHA) Herbert Brown said lhat the health iof
Sandilands' staff is of utmost importance to his
department.
Mr Brown confirmed that the centre underwent
an environmental assessment last September and
that certainly recommendations were made.
He explained that he was informed by adminis-
trators at Sandilands that all recommended cor-
rections and repairs to eradicate certain problems


officer to the family.
Police officials reportedly
assured the family that a proper
investigation will occur, however,
no specific time was given sur-
rounding the investigation.
Mr Russell returned to Andros
just four months ago to live with
his mother who was alone
after her children had all moved
away.


'Deadly mould'

were all carried out.
However, to ensure himself and the PHA that
the working environment at Sandilands is a healthy
one, Mr Brown said he requested the Department
ol Environmental Health to revisit the centre
today.
'hief public analyst at the Department of Envi-
ronimcntal Health Dwayne Curtis explained that
Sandilands last year had a problem with its venti-
lation system.
"There were some recommendations made to
remove those deficiencies and my information is
that those recommendations were followed, but we
don't know to what extent there has been contin-
ued preventative maintenance.
"What you really need when there is mould is
continued attention to housekeeping, now whether
or not that has happened I am not in a position to
verify," he said.
Both officials assured The Tribune that imme-
diate corrective measures will be taken if a mould
problem is discovered at Sandilands.


FROM page one Darold Miller


that Mr Mutnroe wished to
req uest tlha all media be xcSClud-
ed fronli futuCre p oceedinlgs.
Additionally, Mr Morley said
that Mir IMutnroe wished t0or it to
be put on record that "remedies
will he sought" against a ll\
media group which "persists iti
identifying the complainant" in
the case.
Magistrate Rence McKav said
she would make no comment on
the requests at that time.
Seated in the court were
nunierous spectators. including


t\\o people, a man and a woman.
wearing T-shirls with the wvords
"Free Darold Miller" on the
front and "We Believe Darold
Miller" on the back.
The accused had a small
notepad in which he made notes
before being called before the
judge.
Miller was originally charged
on August 28. According to
court dockets, particulars of the
charge are that between Febru-
ary I and March 31 he sexually
harassed a youtni woman.


As he was charged Miller read
his Bible. He pleaded not guilty
and was granted $5,000 bail.
Prosecutor is Inspector Don
Bannister. Representing Miller is
lawyer Willie Moss. Bail will
continue, said Magistrate McKay
yesterday.
Miller was employed at
GEMS until March, where he
was the station's chief operator.
Before that he served as news
director at radio station Love 97,
and later hosted the radio show
Immediate Response on ZNS.


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_IU:III:rl_LII~__~--~Yi -~i*-XICIB--sl--T-IY- ---~O -- _1___







THE TRIBUNE


PAGE 10, WEDNESDAY, SEPTEMBER 5, 2007


OAL


Key stresses need



for self-sufficiency



in Andros trip


SBy Bahamas Information
Services
AGRICULTURAL and
SB ISIndustrial Corporation execu-
r tive chairman Edison Key wants
More government focus "on the
vast opportunities that lie in
Andros".
"I see Andros being the cap-
ital of the Bahamas," he said.
"This is the island the capital
should be on."
SMr Key, the MP for Soutlh
Abaco, was the guest speaker
Lat the graduation cerelnony for
SAndrosian artisans who com-
pleted the BAIC course in straw

breadbasket of the Bahamas.
BAIC EXECUTIVE chairman Edison Key (left) who toured north Andros he largest island, it lies 15 min-
ast weekend, is greeted by senior administrator Dr Huntley Christie utes by air southwest of Nas-
utes by air southwest of Nas-
sau.
"We are importing some $500
I1' million in food from the US,"
_Mr Key told those in atten-
'eVI. : ..^i w dance. "Just think, if we could
\supply only $200 million of that
food, what jobs we would cre-
ate, and hard currency saved.
SWe could change the whole
Bahamas.
SKY vf "Moreover, under the pre-
Ssent circumstances, should
S there be another terrorist
attack on the US and they close
their borders, food might not
"be too available coming from
there."
Mr Key recalled growing tiup
in Abaco when "'vou could go
"~ "~ dh I ,ll\ .' l hC 011 ll1C Ih 1 1C J11d _,Ot.
all the conch and fish and lob-
ster Vyou wanted. But those days
are gone.
DISON KEY viewed berthing facilities at Morgan's Bluff, North Andros, "We need to start being more
during his tour of the area last weekend productive. We need factories.


EDISON KEY (standing) met with Androsians during his tour last weekend and said that the island should
become self-sufficient


We need canneries. We need
packing houses and we need
farmers. Let's start being pro-
ductive."
Mr Key noted that while the
Bahamas is an independent
nation, "we are the most depen-
dent nation anywhere in the
Caribbean.
"For many years 1 have lis-
tened in the House of Assembly
during budget debates, as we
talked about self-sufficiency.
But what have we done?
"Thirty-four years ago we
were being more productive in
our food than we are today.
Andros is the island that can
make the difference; which can
feed the Bahamas.
"The government needs to
focus on the vast opportunities
that lie in Andros as far as feed-
ing ourselves and making our-
selves more self sufficient in
food.
"The future of the Bahamas
lies ini meaC like Andros. I hope
we could make the difference,
somewhere along the line turn
the tide over the next five years,
and start moving."


..


EDISON KEY (right) examines artifacts in the North Andros museum.
At left is BAIC's domestic investment officer Alphonso Smith.


Prescott Smith, owner and
operator of the Stafford Creek
Lodge and president of the
Bahamas Sportsfishing and
Conservation Association, said
he was impressed following a
meeting with the MP.
"What I gathered from Mr


Key," he said, "was a willing-
ness to see the country move
forward, for us to feed our-
selves, for us to really empower
Bahamians. It was a very good
conversation because I could
have sensed a sense of realness
on his part."


Learning centre reaps


rewards from antique


car show proceeds


THE Antique Auto Club of
the Bahamas has presented the
proceeds of its 20th anniversary
Antique Car Show to Every
Child Counts Learning Centre,
a school for children with spe-
cial needs in Marsh Harbour,
Abaco.
The club organises an


Antique Car Show and steak-
out each year and traditionally
donates proceeds to a children's
charity.
For several years, children in
Nassau have benefited from the
antique car shows which con-
tinue to gain popularity in Nas-
sau. This year, organizers decid-


ed to look outside of New Prov-
idence and decided that "Every
Child Counts" in Abaco wxas a
worthwhile beneficiary.
The school, founded by Mrs
Lyn Major in 2001, has about
80 students with various needs
and disabilities, including
autism, Down's Syndrome,
deafness and general learning
disabilities.
"We were really impressed
with the selfless dedication of
Mrs Major and her staff and the
wide range of problems they are
addressing not only address-
ing, but experiencing success by
giving these children opportu-
nities they might otherwise not
receive," said a club spokesman.
The school is independent,
receives no government grants
and relies heavily on donations
for its funding. The property on
which the school stands has been
provided by the Catholic Church.


a*


* .~% "I7Y3~t: :~3~' L
.;,:r'I'fi


S







SJTA
Wt''
0


A CHEQUE for the proceeds of the 20th anniversary Antique Car Show is presented to the administrator of
Every Child Counts Learning Centre in Marsh Harbour. From left: James Major and Vincent Major, students;
Lyn Major, administrator; Irene Wallace, volunteer worker; Murray Forde, secretary, Antique Auto Club;
Pamela Hepburn and Margaret Swain, teachers.


The Antique Auto Club of
The Bahamas was formed by
six men, who shared a common


interest in the vintage car hob-
by, in 1987 and currently has 50
members of both sexes.


More information is available
on the club website
www.antiqueautosbahamas.com


Rotary gives to Diabetic Association I


V


5.
C0
IL; v..


r,..


* a...
a-o


THE ROTARY Club of East Nassau made their annual donation to the Bahamas Diabetic Association. The
donation, in the amount of $6,000, helps to fund the BDA's annual diabetic youth camp held in July of every
year. The checiie was nresentpd hv cnlh president Dino Mon, (h ,nht) to I indsev Cancino on behalf of the
BD,,.


Share

your

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


* I
B
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THE TRIBUNE


LAS W


Hundreds of children




enjoy Scotiabank party


trip to Florida convention


DAMIANOS Sotheby's
International Realty attended
the Florida Association of Real-
tors' 91st annual convention and
trade expo.
The event was held August
22 to 26 at the Buena Vista
Palace Hotel and Spa in Lake
Buena Vista near Orlando,
Florida.
Each year, FAR's convention
and trade expo brings realtors
from around the State of Flori-
da, the Bahamas and the
Caribbean, together to discuss
and vote on key issues that
shape their profession and
licensing associations.
The, Damianos Sotheby's
team said they were very
pleased to be invited to attend
this year's event and used their
time in the US to capitalise on
key marketing information and
to network with their US Asso-
ciates in the real estate industry.
Attendees went to educa-
tional seminars on topics such as
developing marketing strate-
gies, using the latest computer
technology and current real
estate industry trends.
Some of the top industry
speakers featured during the
2007 FAR convention includ-
ed; Nikki Ubaldini, who dis-
cussed how to thrive in a chang-
ing marketplace and find sales
opportunities; Ted Jones, chief
econopnist, a4 Stewart Title
buarahty Cdmpany, who dis-
cussed economics, interest rates
and the Internet as part of his
2008 real estate forecast; and
keynote motivational speaker
Les Brown, who inspired atten-
dees at the Super Sales Day
Awards Luncheon.
"I particularly enjoyed show-
casing our company and mar-
keting our Bahama property
listings to the Florida Realtors.
As a result, our team estab-


j ~ I


Rl- \


fslih




a(


I~ U HO i


jii',.


I5.1r
ItF~.
t ~-'V
V~-a


vrJ

2


~~I~c) I


1.


____- _
FROM LEFT to right, George Damianos, president of Damianos Sotheby's Intel national Realty; his wife Jill
Damlanos, office manager of Lyford Cay Sotheby's International; Maxine Hussey, director of operations at
Damianos Sotheby's and Mark Hussey, Damianos Sotheby's estate agent.


lished key relationships and fur-
thered our networking oppor-
tunities," says Maxine -lussey,
director of operations, Danii-
anos Sotheby's International
Realty.
At this year's trade expo,
where there were more than
150 booths showcasing the latest
products, technology and oth-


er business tools.
"It's tlie largest real estate
event of the year for olr near est
US neighbors," said George
Damianos, president of Dami-
anos Sotheby's Inlternalionaiil
Really. "In (order to c(iiim()h
with the Florida market for sec-
ond home sales you have to
know what your competition is


doing and how lhey' are doing it.
"We also have to lmalke sure
htll II. teiLchnology we use and
ihe sec\ ices we offer arie liIp to
pim with ll,.' t S no clients
. t i 1(. l a ilS \ lIkeS
h. Ie
these make Aure \\c me aill the top
of our game aan(d Ilhat we provide
excellence sel vice to our clients."


SCOTIABANK hosted hun-
dreds of children to an elabo-
rate back to school jamboree at
the Scotia Adjustment Centre
on Rosetta Street over the
weekend.
Top executives of Scotiabank,
including Minna Israel, manag-
ing director, attended the spe-
cial treat for the children -- most
of whom were from underpriv-
ileged communities throughout
New Providence.
The event which was high-
lighted by treats for the chil-
dren, including bouncing cas-
tles, life-size Sesame Street
characters, food and games-
also featured a speech by Min-
ister of State for Social Services
Loretta Butler-Turner.
The minister said that she w as
impressed by the "excellent"
display put on by Scotiabank.
Mrs Butler-T'urner encour-
aged the man excited children
to put to good usc tihe back-to-


school gift packs presented to
them by Scotiabank and also
stressed the importance of a
good education through hard
work, study, manners and
respect for others.
The Scotiabank Back to
School J.am \was well attended
by tile parents of the estimated
250 children, as well as repre-
sentatives of various churches
from the inner-city areas of
New Providence.
Managing director Minna
Israel also used the occasion to
present the many youth lead-
ers and representatives of par-
ticipating churches with finan-
cial donations to assist with the
upkeep of meaningful pro-
grainmes foi the county'ss
youth.
According to Debra Wood,
the bank's seniul manager of
marketing Iand public relations.
while e Set'o liliailk is ,I focused
litiala. i:il IMai ii io ona ill the


Bahamas, it also has a social
purpose and responsibility to
enhance the lives of individu-
als wherever they do business.
With this in mind, the back
to school jam was organised to
reach out and touch those in
need throughout the communi-
ties in a timely and effective
way, she said.
"This year in addition to
focusing our social programme
to the special homes for chil-
dren in our communities, we
decided to take it a step further


by going into the inner city to
work with community churches
and the youth-especially those
who may have been a little chal-
lenged in preparing for back to
school," Mrs Wood said,
The back to school jamboree
by Scotiabank gave the children
backpacks filled with books,
pencils, lunch boxes and all the
usual materials, assisting chil-
dren who had been identified
by 10 New Providence churches
as the most deserving recipients
of the bank's generosity.


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ymf4h V/4M .)yt( .9I k
TEACHING VACANCY
Temple Christian High School
Shirley Street

Invites applications from qualified Christian
teachers for the following positions for the
2007-2008 School Year.




Applicants must:

A. 0 Be a practicing born-again Christian who
is willing to subscribe to the Statement of
Faith of Temple Christian School.
B. 0 Have a Bachelor's Degree in Education or
higher from a recognized College or
University in the area of specialization
C. 0 Have a valid Teacher's Certificate or
Diploma
D. 0 Have at least l\\o years teaching
experience in the relevant subject area
with excellent communication skills.
E. 0 Applicants must have the ability to prepare
students for all examination to the BJC/
BGCSE levels.
F. 0 Be willing to participate in the high
school's extra curricular programmes.

Application must be picked up al the High School
office on Shirley Street and be returned with a
full curriculum vitae, recent coloured photograph
and three references to:

MI. Neil Hamilton
The Principal
Temple Christian High School
P.O.Box N-1566
Nassau, Bhnmnas
Deadline for application is September 14th, 2007
-- -


Re


firm Damianos takes


J, ,.007, PAGE 11


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


1.
L.






THE TRIBUNE


PAGE 12, WEDNESDAY, SEP I EMBL. 2'. 2007


AMERIASNW


amaican PM refuses to concede




defeat; observer says vote fair


* JAMAICA
Kingston
JAMAICA'S first female
prime minister refused to accept
a razor-thin defeat that appar-
ently ended her party's nearly
20 years in power, but the head
of an international observer
team said Tuesday the vote was
"free, fair and credible", accord-
ing to Associated Press
The opposition Jamaica
Labor Party won 31 of the 60
seats in the House of Repre-
sentatives on Monday just
enough to oust Prime Minister
Portia Simpson Miller and her
People's National Party -
according to preliminary
returns.
Simpson Miller said several
races that were so close that
they could switch in a recount
and complained of irregulari-
ties.
"We are conceding no victory
to the Jamaica Labor Party,"
she said.
But the head of an interna-
tional observer team called the
election "free, fair and credi-
ble."
Albert Ramdin, assistant sec-
retary-general for the Organi-
zation of American States, said
Tuesday that while there were a
few minor problems in Mon-
day's vote typical of any elec-
tion, nothing was serious
enough tp undermine the Labor
Party victory.
"I believe this election, can
stand international scrutiny,"
Ramdin, who headed a team of
about 40 observers, told Asso-


PORTIA SIMPSON Miller, Prime Minister of Jamaica, speaks to
supporters after the general election on Monday, saying the race was
too close to call


cited Press.
The final count began Tues-
day morning and typically takes
about two days as election offi-
cers in each of the 60 precincts
go through the ballots, accord-
ing to Jamaica's Electoral Com-
mission.
Jubilant JLP supporters
drove through tihe streets of
Kingston honking their horns,
while passengers leaned out the
windows. Hundreds of support-
ers cheered and waved green
flags at party headquarters as
Golding took the stage to the
strains of the Bob Marley song
"Coming in from the Cold."
Golding said the "tenuous"
victory could make governing
a challenge. He also noted the
PNP won three seats by less


than 100 votes and his side's
margin could widen.
Simpson Miller alleged that
some candidates campaigned
beyond the cutoff point man-
dated by election rules and were
"buying votes." She also said
that some members of her par-
ty were prevented from voting.
"We're not going to stand by
and allow people to use crimi-
nals to decide the future of the
Jamaican people," she said.
Simpson Miller became the
country's first woman prime
minister when party delegates
chose her to replace PJ Patter-
son upon his retirement in
March 2006.
In a rare episode of violence,
ruling party supporters fired
shots at an East Kingston


-I
a

E

SUPPORTERS OF Bruce Golding,leader of the opposition Jamaica Labor Party, celebrate the victory in the
general election in Kingston, Jamaica

Methodist church, according to chance of easing Jamaica's port of the poor.
witnesses who said the attackers deep-seated poverty, creating Once wildly popular, her sup-j
had quarrelled earlier with jobs and reducing crime in a port has waned amid complaints
opposition backers. Heavily country with one of the highest she responded poorly to Hur-i
armed soldiers and police quick- homicide rates in the world, ricane Dean two weeks ago andi
ly swarmed the area and no Both Golding and Simpson a perception that she did notl
injuries were reported. Miller are longtime parliament fare well in a debate with Gold-
The two main parties do not members, ing.
have stnrk ideological differ- Known as "Sista P," and Golding, 59, has promised toi
ences and the determining fac- "Mama P," the 61-year-old streamlinegovernment bureau-j
tor in the election seemed to be Simpson Miller is known for her cracy and attract foreign invest-i
which leader has a better plain speaking style and sup- ment.


I ................. ............... A .. . . . . . . . . . . . . . . . .


Colombians await bodies of hostage lawmakers


CELMIRA CHARRYS, right, mother of Carlos Charry, a lawmaker killed while
rebels, arrives to the morgue to wait for the arrival of the remains of her so
accompanied by her daughter Gloria Charrys


* COLOMBIA
Call
DOZENS of relatives of 11
regional lawmakers killed while
held hostage by Colombia's
largest rebel group gathered
Tuesday at a city morgue,
expecting the arrival of their
loved ones' remains, according
to Associated Press.
"With this handover, our
mourning can begin," said
Ramiro Echcverry, son of a
slain lawmaker by the same
name.
The relatives and Red Cross
officials declined to give any
details, but the International


Committee of the Red Cross
said late Monday a mission to
recover the bodies was advanc-
ing rapidly.
Once the bodies are brought
to Cali an international team of
forensic experts, supervised by
the Organization of American
States, will perform autopsies
to determine the causes of
death.
The Revolutionary Armed
Forces of Colombia, or FARC,
announced in late June that the
lawmakers were killed when an
"unidentified military group"
attacked the jungle camp where
they were being held.
President Alvaro Uribe, how-


le held hostage by leftist
n in Cali, Colombia yesterday


ever, accused the FARC of
killing them in cold blood after
confusing another rebel band
with an army unit.
The lawmakers were taken
hostage more than five years
ago in a bold, daylight raid on
the state legislature in Cali by a
commando guerrilla unit
dressed as soldiers.
The FARC, Latin America's
oldest.and most potent insur-
gency, is holding dozens of oth-
er high-profile hostages, includ-
ing former presidential candi-
date Ingrid Betancourt, a dual
French-Colombian citizen, and
three American defence con-
tractors.


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-. -~---L --..-I I-~UI..- I"L~-~s".'"l~l----~--LYIII LIU IIIIIIl--WYIII_--_--~~I -- ---~ II I -----I


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









WEDNESDAY, SEPTEMBER 5, 2007


SECTION -. ,,-


business@tril)unenmedia.et






Wilson's Cotton Bay project





terminates Penn's contract


* By CARA BRENNEN-
BETHEL
Tribune Business
Reporter

ties Ltd, the Cot-
ton Bay resort
developer head-
ed by .well-
known Bahamian businessman
Franklyn Wilson, has termi-
nated Penn Construction as
the general contractor for the
multi-million dollar develop-
ment, The Tribune discovered
yesterday.
Mr Wilson, who is the
majority shareholder in
Eleuthera Properties Ltd, con-
firmed to Tribune Business
that the two parties had "part-
ed ways", although he declined


to go into the specifics of what
had happened and why such a
decision had been taken.
Mr Wilson would only say
that Cotton Bay was in negoti-
ations for the appointment of a
new construction manager.
"We are doing all that we
possibly can to ensure that we
are able to move ahead and
meet all of our deadlines, with
minimal interruption," he said.
The reasons for the dispute
between two major supporters
of the Progressive Liberal Par-
ty (PLP) are unclear, although
it is understood that the two
parties have had a difference
of opinion over payments
related to the Cotton Bay pro-
ject.
Mr Penn confirmed that his
construction contract with Cot-


ton Bay had been terminated.
He told The Tribune that "seri-
ous things" were taking place,
and that "Damien" was deal-
ing with the matter under-
stood to be a reference to
attorney Damien Gomez, an
indication that Mr Penn is tak-
ing legal advice on the situa-
tion.
Mr Penn said he would pre-
fer not to comment further on
the matter, until their work
had been completed.
The $300 million Cotton Bay
project's phase one comprises
two and three-bedroom villas,
114 estate lots and a 26,000
square foot clubhouse. Future
phases will include an 18- hole
championship golf course,
wellness centre/spa, additional
real estate development and


an expanded marina.
The company has signed an
agreement with Starwood
Hotels and Resorts Worldwide
to develop the property as a
member of its prestigious lux-
ury collection. There will also
be a 73-guest room resort.
Cotton Bay is poised for a
first quarter 2008 grand open-
ing, the resort's managing
director Wim Steenbakkers
recently told Tribune Business.
He added that aty the moment,
work remains on schedule with
more than 100 sub-contractors
on site.
Mr Steenbakkers said work
was being done to complete
the construction of villas, the
pool and clubhouse, and ensur-
ing that the infrastructure was
in place to support the project.


Fifty per cent of


ICD Board resignation over


Straw Market stalls 'perverse' dividend decision


sold no Bahamian-


made products


* By NEIL HARTNELL
Tribune Business Editor
SOME 50 per cent of the Bay
Street Straw Market stalls sur-
veyed for a study commissioned
by an economic-think sold no
Bahamian-made products, the
Nassau Institute saying yester-
day that vendors "flaunting" the
sale of counterfeit products as
their most popular item was not
in the Bahamas "best interests".
The Nassau Institute said a
"non-scientific but careful" sur-
vey of 42 stalls in the Straw
Market found that 52 per cent
of stalls surveyed sold no Straw
products, with only 13 per cent
of products sold Bahamian-
made and 19 per cent made of
straw.
According to the economic
think-tank, vendors spoken to
for the survey said that while
many made profits, it was


Nassau Institute study
expresses concern on
'flaunting' of counterfeit
goods sales; suggests
$23m sum for new Bay
Street market 'not in
taxpayers' best interests'

"more profitable to sell foreign-
made products" because their
Bahamian counterparts were
"of poorer quality" and enjoyed
a less reliable supply chain.
The Nassau Institute said yes-
terday: "The most profitable
selling products are 'knock-offs'
- imitations of brand name

SEE page 3


* By NEIL HARTNELL
Tribune Business Editor
CAMPAIGNING
Freeport attorney
Fred Smith yesterday
post as director of
BISX-listed ICD
Utilities,. the vehicle
that holds a 50 per
cent stake in Grand
Bahama Power
Company, because
he felt neither com-
pany should be
declaring dividends
to shareholders when
the latter's service
"was of such poor quality".
Explaining his resignation, which was
announced earlier this year at the ICD Util-


* Attorney Smith says power company profits should
have been used for capital spending/infrastructure
* Upgrades needed because of 'poor quality' service,
with power outage yesterday forcing law firm to
consider day closure and impacting Freeport's
attraction for Morgan Stanley-quality investors


ities annual general meeting (AGM). Mr
Smith said: "I was a director of ICD Utili-
ties, and most recently I refused to agree a
directors' resolution to declare dividends
because I did not consider that that the
companies should be declaring dividends
when the power supply was of such poor
quality.
"I subsequently resigned from IDC Util-
ities as a director in protest."


4


The attorney and partner in Callender's
& Co said he felt Grand Bahama Power
Company's profits, rather than be paid out
to ICD Utilities shareholders and their
then-partner, US-based Mirant, which held
the other 50 per cent stake, should have
been used for capital expenditure/reinvest-

SEE page 7


Is Bahamas feeling


the wedding blues?


* By CARA BRENNEN-
BETHEL
Tribune Business
Reporter
AS the trend for destination
weddings increases, more cou-
ples may be choosing locations
other than the Bahamas to tie
the knot, according to a popu-
lar wedding website.
Destinationweddings.com
recently announced that the
increase in destination wed-
dings has been incredible.
"We've experienced a 100 per
cent increase in bridal book-
ings from 2005 to 2006, and in
2007 we are already 97 per
cent ahead of where we were
last year at this time," said
Quentin Carmichael, the web-
site's president.
However, the Bahamas may
not be benefiting as much as it
could from the increase. Desti-
nationweddings.com said that
increasingly, "more pristine
locations, such as Costa Rica
and Belize ,are being selected
by brides over more traditional
locations such as the Bahamas
and Hawaii."
It added that the trend was
growing for couples to have
"green weddings."
One Bahamian wedding


planner, who wished not to be
named, said that while she had
seen some decrease in destina-
tion weddings this summer, that
could be because a lot of brides
dream of a winter getaway. "It
is hard to say, because they may
be going through a hotel like
Sandals or Breezes rather than
come to a local planner," she
added.
She said she had one wed-
ding where the bride had cho-
sen invitations and programmes
on recycled paper.
"That is really the extent of a
green weeding I have seen,"
she added.
Cathy Ingraham, another
Bahamas-based wedding plan-
ner, said the United States pass-
port requirements of the West-
ern Hemisphere Travel Initia-
tive (WHTI) may have played
a role in any decline, as this
may have prevented or
deterred guests from flying.
"Also, the Bahamas is a typ-
ically more expensive destina-
tion than maybe somewhere
else. I have seen a decline in
that my slow period is lasting a
little longer, but it is not a dras-
tic drop.
"I don't think that the quali-
ty of the Bahamian product has
changed any," she said.


r O r
~YJ~


_111 _~ _


HELPING YOU CREATE AND MANAGE WEALTH

NASSAU OFFICE
Tel: (242) 356-7764

FREEPORT OFFICE
Tel: (242) 351-3010


ss








THE TRIBUNE


AP GE 2B WEDNESDAY, SEPTEMBER 5, 2007


Guarding the top corporate secrets


The term 'knowledge
is power' is an accu-
rate description of
the corporate
world, as information is key to
keeping ahead of the game.
But two questions stick out for
me. First: "What is there to
know?, and then: "Who
needs to know?"
The first question asks the
executive about what type of
information exists about their
company, the second about
who is viewing this informa-
tion and why. Well, let us
investigate the side effects of
doing business, which is expo-
sure and what or who we
are being exposed to.
Doing business requires
putting oneself in the limelight.
The positive aspects of this are
called marketing or publicity.
Your company wants 6nly
good things to be said when
speaking of its products, ser-
vices and success stories. We
are bombarded everyday by
advertisements, news stories
about how one product or ser-
vice is better than the other,
and how company A has expe-
rienced a certain percentage
of growth during a particular
quarter. By typing in key


words and phrases on the
Internet, you can find out
almost anything on any one or
their company. Is this a prob-
lem? Isn't much of the infor-
mation a company has actually
intended for public disclosure?
Information such as that
contained within "marketing
materials" is a clear example of
willing disclosure. Other
information must be disclosed
as a matter of law, and is actu-
ally public record. The issue,
though, as many of you would
agree, is the second question:
"Who needs to know?" Today,
even in the smallest business
unit, it is understood that not
everyone and even those
holding high positions in the
company structure "need to
know" all the information that
is being protected. To better
appreciate this concept, we
have all since September 11,
2001, been educated about ter-
rorist operations and have
heard the term 'cell' being
used. In a terrorist cell (unit,
group, division), the members
of that cell are only provided
with a limited amount of
knowledge about the activities
of the overall terrorist organi-
sation ,of which that cell is a


small part. In the event of their
arrest or capture, even if the
individual wanted to cooper-
ate with authorities, that per-
son does not have knowledge
that would be particularly
damaging to the overall organ-
isation. This illustrates the
'need to know' principle.
Another term that can be used
is 'compartmentalisation.
When we look at best prac-
tices and benchmarking, we
see that this type of organisa-
tional behaviour is critical to
'Keeping our Secrets, Secret', a
phrase taken from the US
Central Intelligence Agency
(CIA) motto. For example, the
vice-president for marketing
may be very high in the com-


pany hierarchy, but does not
'need to know' the details
about an employee's confi-
dential health records in order
for him or her to fulfill his/her
duties. This separation is
important, because it makes it
more difficult for unauthorised
persons to get a clear picture of
the company's intentions.
Thus we see the need for
well-established internal con-
trols as it pertains to informa-
tion sharing, which cannot be
limited to the IT Department.
Really, IT or information
stored on the computer, has its
origin as some idea or concept
that most likely gets discussed
in meetings where hard copy
notes are taken. We must


Safe &



Secure


realise that security of infor-
mation begins long before you
secure it on you computer. So
just how do we begin this
process, which obviously
becomes a task of educating
personnel on how to imple-
ment and maintain it, rather
than the consultant having
extensive access to the infor-
mation itself.
Michael Miner, a senior
associate in Kroll Schiff &
Associates, suggests the fol-
lowing categories of informa-
tion:

PERSONNEL CONFI-
DENTIAL These are the
portions of employee records
that are to be protected against
general disclosure.

BUSINESS CONFIDEN-
TIAL Generally, this would
be information that is not sub-
ject to the Trade Secrets Act,
but does have commercial val-
ue to competitors.

SPECIAL CONTROLS -
A description for this class
might be that it is of signifi-
cant economic value to the
holder, and would include'
ideas that may be at a stage of


LOOKING TO GIVE YOUR CAREER A BOOST?


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Supervising Senior/Seniors

The successful candidates for the Supervising Sehior/Senior positions must have at least three to four years
professional public accounting experience. Applicants must hold a CPA, CA, or other professional designation
recognized by the Bahamas Institute of Chartered Accountants.

Excellent opportunities exist in our Audit, Corporate Finance, and Risk Advisory departments, to broaden your
professional experience. We offer competitive compensation and benefits packages.

Applicants should submit a cover letter, resume, and a copy of their professional certification to: KPMG, Human Resources
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Swiss cooperative. All rights reserved.




w .s


11.70 11.00
3.50 7.50
).85 0.70
3.74 1.50
1.62 1.20
10.80 9.40
3.10 1.80
15.24 11.25
7.22 4.70
2.76 2.20
3.40 5.54
12.77 11.51
14.70 13.50
3.05 5.18
1.00 0.54
3.65 7.10
10.01 8.52
1000 10 00


A securlt y
Abaco Markets'
Bahamas Property Fund
Bank of Bahamas
Benchmark
Bahamas Waste
Fidelity Bank
Cable Bahamas
Collna Holdings
Commonwealth Bank
Consolidated Water BDRs
Doctor's Hospital
Famguard
Finco
FirstCaribbean
Focol (S)
Freeport Concrete
ICD Utilities
J. S.Johnson
Premier Real Estate


11.70
9.50
0.85
3.74
1.62
10.80
3.10
15.22
5.92
2.31
6.05
12.77
14.65
6.02
0.70
7.25
10.01
10.00


11.70
9.50
0.85
3.74
1.62
10.80
3.10
15.24
5.92
2.31
6.05
12.77
14.65
6.02
0.70
7.25
10.01
10.00


15,283 0.000 0.000
1.527 0.400
0.733 0.260
0.048 0.020
0.279 0.060
0.064 0.040
0.949 0.240
0.281 0.080
5,840 1.190 0.680
0.112 0.050
0.281 0.000
0.804 .0.240
0.787 0.570
3,000 0.977 0.470
0.364 0.133
-0.415 0.000
0.411 0.200
0.946 0.580
1.167 0.600


N/M
7.7
13.0
17.7
13.4
25.3
11.4
11.0
12.8
54.8
8.2
7.5
16.2
14.6
16.6
N/M
17.6
10.6
8.6


0.00%
3.42%
2.74%
2.35%
1.60%
2.47%
2.22%
2.58%
4.46%
0.81%
0.00%
3.97%
4.46%
3.21%
2.19%
0.00%
2.76%
5.79%
6.00%


52wk-Hi 52wk-Low Symbol ,Bid $ Ask $ Last Price Weekly Vol. EPS $ DIv $ P/E Yield
14.60 12.25 Bahamas Supermarkets 14.60 15.60 16.00 1.125 1.485 13.9 10.17%
10.14 6.00 Caribbean Crossings (Pref) 6.00 6.25 6.00 0.000 0.480 NM 7.80%
).54 0.20 RND Holdings 0.35 0.40 0.20 -0.030 0.000 N/M 0.00%
.t 1, '., . ,,*, : .,t : :,q
t1.00 41.00 ABDAB 41.00 43.00 41.00 4.450 2.750 9.0 6.70%
14.60 14.00 Bahamas Supermarkets 14.60 15.50 14.00 1.125 1.485 12.6 10.17%
3.55 0.40 RND Holdings 0.45 0.55 0.45 -0.030 0.000 N/M 0.00%
52wk-HI 52wk-Low Fund Name NA V YTD% Last 12 Months Div $ Yield %
1.3535 1.3053 Colina Money Market Fund 1.353503*
3.3402 2.9449 Fidelity Bahamas G & I Fund 3.3402"*
2.7399 2.4415 Collna MSI Preferred Fund 2.739935*
1.2652 1.1886 Collna Bond Fund 1.265223"*
11.6581 11.1622 Fidelity Prime Income Fund 11.6581****
BISX ALL SHARE INDEX 19 Dc 02 1,000.00 MARKET TERMS YIELD last 12 month dividends divided by closing price NAV KEY
52wk-HI Higheet closing price In last 62 weeks Bid $ Buying price of Collna and Fidelity
52wk-Low Lowest closing price In last 52 weeks Ask $ Selling price of Colln and fidelity 24 August 2007
Previous Close Previous day's weighted price for dally volume Last Price Last traded over-the-counter price 30 June 2007
Today's Close Current day's weighted price for dally volume Weekly Vol. Trading volume of the prior week 31 May 2007
Change Change In closing price from day to day EPS $ A company's reported earnings per share for the last 12 mths "" 31 July 2007
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 eamlngs FINDEX The Fidelity Bahamas Stock Index. January 1, 1994 = 100
S) 4-for-1 Stock Split Efectlve Date 8/8/2007
.. ... .. . .. .. ... .... ...... . ........... .......; . ... . ....: ..... r .. ... .. :=- -' : - : .. ... ...:


"In order to stay abreast
of what's happening in
the local economywwe
turn to The TribLune as
our soLIrce ot intoinllation.


The Tribune is y
newspaper."

TROY SAMPSON
APPROVED LENDING SERVICES


Responsibilities:

Day to Day running of the store

Inventory Control

Day to Day sales
Computer literate

Must have a good personality


Please provide your resume to:


Andrew Aitken Frame Art

50 Madeira Street
Palmdale Ph.: 325-1771





LAW FIRM
Seeking:

* Attorney with at least two (2) years civil litigation

experience

* Conveyancing experience an asset

* Competitive salary offered

* Attractive profit sharing plan



Please submit cover letter and resume by fax or post to:

Office Manager
Fax: 325-5411
P.O. Box N-1000
Nassau, Bahamas


READ THE

BUSINESS
.SECTION -
MONDAY TO FRIDAY


The Tribune

'y 1/^- Wy /^w^ ^/


development.

SECURITY SENSITIVE -
Information that could be used
to compromise or circumvent
security measures of the com-
pany needs particular care.

As with any security pro-
gramme, the parameters must
be tailored to the particular
company, and when dealing
with information the particular
culture of the firm must not be
overlooked. Next, we will con-
tinue this discussion and pro-
vide some more guidance in
developing and implementing
this type of programme.

NB: Gamal Newry is the
.president of Preventative Mea-
sures, a loss prevention and
asset protection training and
consulting company, specialis-
ing in policy and procedure
development, business securi-
ty reviews and audits, and
emergency and crisis manage-
ment. Comments can be sent
to PO Box N-3154 Nassau,
Bahamas, or e-mail;
*info@**preventativemea-
sures.net* or visit us at
*www.preventativemea-
sures.net*


rIr -L.~ ,T.I


BUSINESS


I


EM7









THES TES


Central Bank





reviews online





reporting offers


* By NEIL HARTNELL
Tribune Business Editor
The Central Bank of the
Bahamas yesterday said it was
reviewing proposals to supply it
with an online reporting and
information management system, which
would allow licensees to submit financial
and prudential data to it via a secure online
portal.
"It is envisaged that this solution will
reduce the burden of submitting returns
to the Central Bank, thereby facilitating
efficient processing of the information. The
bank is seeking to implement this online
solution in the second half of 2008," the


regulator said in its supervision depart-
ment's quarterly update for senior Bahami-
an bank and trust company officials.
The Central Bank added that it was set
to introduce a new Capital Adequacy State-
ment, BSD 1ll, to allow licensees to submit
their capital adequacy calculations, with
the submission of this form set to conm
mence from the third quarter-end on Sep-
tember 30, 2007.
Meanwhile, the Central Bank said it had
finalised its proposals on the future regu-
lation of Bahamas-based money transmis-
sion businesses and sent them to the Gov-
ernment.
It added that once implemented, the
altered regulatory regime would see 'non-


bank' money transmission businesses, such
as Omni Financial Services, brought under
the regulatory purview of the Central Bank
of the Bahamas.
In addition, both the Central Bank and
Securities Commission of the Bahamas
were working to develop a joint examina-
tion programme "to utilise our scarce
resources more effectively and quickly".
The Central Bank added that it was also
preparing a consultation paper on Tem-
porary Business Continuity Operations
Regulations, which would allow and govern
foreign bank and trust companies operating
from the Bahamas if their operations in
their home jurisdiction were disrupted by a
natural disaster or other serious event.


Fifty per cent of stalls sold no Bahamian-made products


FROM page 1


products that sell for less than
half the name brand price.
Some stalls sell only 'knock-
offs', and this includes illegal
copies of recently-released
movies that sell for as little as $5
each.
"Financial services are sold
by vendors and outsiders within
the Straw Market. These ser-
vices include 'Asue', loans, for-
eign currency exchange and lot-
tery numbers. It is reported that
'Asue' groups with draws from
$5,000 up to $20,000 are not
uncommon; and short-term
loans for up to a month are
available."
None of these comments and
findings will come as a surprise
to Straw Market vendors or
informed observers, with most
stalls, according to the Nassau
Institute study, operated by
Haitian and Jamaican women
with work permits and residen-
cy status.
The vendors interviewed for
the Nassau Institute study sug-
gested that less than 5 per cent
of the Bay Street straw market
vendors were of Bahamian
birth.
Rick Lowe, a Nassau Insti-
tute director, yesterday
described the fact that counter-
feit branded goods were seen
as the most profitable, best sell-
ing items by Straw Market ven-
dors, as "a pretty serious alle-
gation".
He pointed out that counter-
feit products and their sale was
a problem throughout the world,
including in most US cities, but
there the vendors of these wares
were mobile, rather than oper-
ating from fixed premises such
as a Straw Market. "
The selling of counterfeit
branded goods, such as luxury
jewellery, perfumes and watch-
es, Gucci and Fendi bags, and
designer brands such as Nike,
adidas and Hilfiger, could also
again land the Bahamas in trou-
ble with US copyright and intel-
lectual property watchdogs such
as the International Intellectual


Property Alliance (I1PA), the
umbrella group for US trade-
mark industries.
The Bahamas was recently
praised for improvements in its
copyright laws and their
enforcement by the US, with
the US Trade Representative's
Office downgrading the
Bahamas from its 'Priority' Spe-
cial 301 watchlist a kind of
'death' list for so-called copy
right and intellectual property
rights violators.
The Straw Market sales could
again attract the unwanted
attention of the US, while the
protection of intellectual prop-
erty rights is a big component of
any trade agreements World
Trade Organisation (WTO)
membership, and the Econom-
ic Partnership Agreement with
the European Union (EU) -
that the Bahamas is faced with
negotiating.
"There are treaties where
we've signed all sorts of things,"
Mr Lowe said. "It can't be in
the country's best interests to
be flaunting the fact that you
can buy these knock-offs here."
Mr Lowe agreed with Ver-
nice Walkine, the director-gen-
eral of tourism, who in saying
that the Straw Market should
be moved to Arawak Cay,
described the facility as 'flea
market' rather than a Straw
Market.
"You've got a bunch of retail
stores," Mr Lowe said of the
existing Straw Market, "that the
Bahamian taxpayer is provid-
ing them with. They've'got great
entrepreneurial spirit, but is it in
the best interests of the Bahami-
an taxpayer?"
While vendors must apply for
a licence to operate in the Straw
Market, with issued to non-
Bahamians, the Nassau Insti-
tute study found that while this
specified the type of products
to be sold, there was no require-
ment that these be Bahamian-
made.
Vendors currently pay a busi-
ness licence fee and annual stall
rental of $100, but Mr Lowe
said records that such payments
were made were not current,
not being updated and could


not be examined.
As a result, the Government
-through the Ministry of Works,
which is ultimately responsible
for the Straw Market did not
know how much it was collect-
ing or who was current with
their payments, while rules and
regulations governing how' stalls
were operated were also being
updated.
Some (()05 stalls had been
assigned by the Ministry of
Works, the Nassau Institute
study found, but only 5it) were
operating, although counting
them was difficult because often
one person attended more that
one stall: there was no stall
numblcring: and the division
between stalls difficult to deter-
mine.
In addition, there was no
enforcement of the regulations
prevcnlng the 'sub-renting" of
Bay Street Stra\\ Market stalls.
Mr Lowe acknowledged that
the (Governmnent was in a diffi-
cult policy position over the
construction of a new Straw
Market. given the precedent
that had been established over
the years and the fact that the
vendors were a powerful grass-
roots voting force at general
elections.
He suggested. though, that
the straw venldollrs become less
reliant on government to find
a solution for their more than
five-year wait for a new home
and take matters into their own
hands, using their entrepre-
neurial spirit and profits from
their businesses to finance the
construction and management
of their own complex.
With so many other areas
demanding government's atten-
tion and public money, such as
the judicial system, schools and
health clinics, Mr Lowe ques-
tioned whether it was wise to
spend $23 million of taxpayer
money on a new Straw Market,
when the vendors operated
profitable businesses and did
not have to pay the fixed costs
and overheads utilities, rent,
property mortgages, business
licence fees based on gross rev-
enues and real property taxes -
excperienced by other firms.


"Is it wise to spend millions
and millions of dollars on a
retail outlet?" Mr Lowe asked.
"1 don't think it's in the coun-
try's best interests to spend $23
million in building a new mar-
ket at that site."
He added, though, that the
Government should not man-
date what the straw vendors
sold, as requiring them to sell
only Bahamian-made products
would put 90 per cent of them
out of business.


j t a 3 8ia



Royal Island (Bahamas) Limited
INVITATION FOR EMPLOYMENT

Royal Island (Bahamas) Limited, the developers of the Royal
Island Resort and Residential Project, just off North Eleuthera
wish to fill the following position:

General Manager/Director of Golf

The General Manager/Director of Golf will oversee
the total club and golf operation, including staffing,
merchandising, food and beverage, instruction programs, budget
management and carts. The position shall be a high profile
position and will in addition to the above provide the
highest level of service to members and guest. The General
Manager Director of Golf will train employees to do so as well.
This person must be easily accessible and visible to
members and hotel guests.

Qualifications and Experience:

A minimum of five years experience as Director of Golf or
General Manager in a private club resort location is required.
Budget preparation and budget management experience is also
required. The successful candidate will be required to reside
at Eleuthera.

Harcourt Management Services Ltd.
P.O.Box N 1991
Nassau Bahamas

Fax to: (242) 356-4125

Or Email to: info@gomezcorp.com

Royal Island (Bahamas) Limited thanks all applicants for their
interest, however only those candidates under consideration
will be contacted.


> SOMEWHERE OUT THERE

A THIRD GRADER

HOLDS THE CURE

FOR CANCER

At Nova Southeastern University's Fischler
School, we inspire educators to inspire
their students to move the world. Become
inspired by our fast-track, customizable
programs. Earn your master's degree in
education in as little as 18 months, or your
doctorate in two years. Courses delivered
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Attend our open house:
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Nova Southeastern University
c/o Bahamas Baptist Community College ,
8 Jean Street
Gleniston Gardens -

Cause an effect. Call 242-364-6766 or
visit FischlerSchool.nova.edu/Bahamas.


"N\
SF..


4!


&u


InnovatiiveO Offshore Bank is preseintly looking for~ a


Compliance Officer

The successful applicant must:
* Have several years of experience as compliance officer in private banking.
i Have knowledge of Bahamian and international compliance requirements.
* Be computer literate with communication skills.

We require knowledge and experience with:
* Planning, organizing the compliance function for a bank.
* Developing and maintaining adequate policies and procedures,
* Reviewing and managing the documentation of client files.
* Liaising with regulators and compliance officer of the Group.

Motivated team player with pleasant personality.
Must be able to work independently with minimal supervision.
Ability to conduct the monitoring of clients credit risk and/or law degree is an asset.

We offer:
m A salary which is commensurate with the job, a pension plan and medical insurance.

Please fscl myour Iresmis. uxn 171 IIltr of 'fervoce ':o
!',Y Z & 1 t ; "ilH') 11 !- 'T ;i I.TD ;A l.l iit-in ii O '~.,' ,,,' \" i 'r,"* ,'!* > ; Ivllfl!i'its ": '?l',+llk mli
P R o > i: n! ,i ("! '9 I R 'idn" i"M t''i ', [', as ,i r; "V ;'tr'. M k ,,
Ni",o sau. 'Dalia mi'3 I tix 3',3 "'t ; :.'l


r i

rj



1. !

%i'
0^[*


* \ 1I


Positions available immediately at Bimini
Sands Condos & Marina:


Framer Trainer Specialist
Steel fabricator Trainer
Dish Washers
Handymen


Salary and other benefits commensurate with
qualifications and experience.


All applicants should forward resumes and two
references to:


fcooney(biminisands.com


m I


WEDNESDAY, SEPTEMBER 5, 2007, PAGE 3B


THE TRIBUNE








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APPROVED LANDING SERVICES


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Analysts: Exports boost economy but



struggle to overcome housing drag


* By CHRISTOPHER S
RUGABER
AP Business Writer
WASHINGTON (AP) A
slowdown in manufacturing and
construction means the econo-
my needs to rely even more on
exports to sustain growth.
Turmoil in the housing and
financial markets appears to be
spilling over to the broader
economy, according to data
released Tuesday that showed
expansion in the manufactur-
ing sector slowed in August
while construction spending
dropped sharply in July.
Although exports remain a
bright spot, analysts don't
expect overseas sales to accel-
erate enough to prevent United
States economic growth from
slowing in the second half of
this year.
"The debate is over whether
the economy will be soft, very
soft, or in recession," said John
Shin, a senior economist at
Lehman Brothers who forecasts
growth to slow to a two per cent
annual rate in the third quar-
ter, down from four per cent in
the second quarter.'
The Institute for Supply
Management, an organisation
of corporate purchasing exec-
utives based in Tempe, Ari-
zona, said its manufacturing
index registered 52.9 in August,
down from 53.8 in July and
slightly below the expectations


of Wall Street economists.
Readings above 50 indicate
expansion.
The Commerce Department,
meanwhile, said construction
spending dropped 0.4 per cent
in July, compared with June,
the weakest showing since Jan-
uary. It was a bigger drop than
economists had been expecting
and underscored the drag the
housing slump is having on
building activity.
Economists blame the
expected weakness later this
year on a slowdown in con-
sumer spending, resulting from
declining home values and
reduced credit availability.
Export growth continues to
bolster the manufacturing sec-
tor, however, and will counter-
act some of the effect of the
housing slowdown, economists
said.
"I think it's going to be a
draw," said Mark Zandi, chief
economist for Moody's Econ-
omy.com, referring to the
impact of exports and housing
on the economy.
Zandi expects that exports
will be even more important
next year, as the impact of the
housing slump declines and
global economic growth con-
tinues to increase demand for
United States goods overseas.
United States manufacturers
of aircraft, medical devices and
agricultural and construction
equipment will continue to ben-


Legal Notice

Notice

THE SCOLLARD COMPANY LIMITED

Pursuant to the Provisions of Section 138 (8) of the
International Business Companies Act 2000 notice
is hereby given that the above-named Company has
been dissolved and struck off the Register pursuant to
a Certificate of Dissolution issued by the Registrar
General on the 24th day of April, 2007.



Lynden Maycock
Liquidator
of
THE SCOLLARD COMPANY LIMITED



Legal Notice
NOTICE


PROJECTOR S.A.
In Voluntary Liquidation


Notice is hereby given that in accordance with Section 138
(4) of the International Business Companies Act, 2000,
PROJECTOR S.A. is in dissolution as of August 2,
2007.

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



LIQUIDATOR


efit from a weak United States
dollar, economists said, which
makes United States goods less
expensive abroad.
Boeing Co., for example,
expects to deliver 515 to 520
planes next year, with approxi-
mately 70 per cent going over-
seas, said Jim Proulx, a compa-
ny spokesman. That's up from
the 440 to 445 the company is
on track to deliver this year.
Construction and agricultur-
al equipment maker Deere &
Co. said last month that its
third-quarter profit jumped 23
per cent on strong internation-
al sales.
Approximately 30 per cent
of the farm and construction
equipment made in the United
States is for export, according to
Tom Runiewicz, industrial
economist at consulting firm
Global Insight.
The ISM survey found that
manufacturing exports
remained healthy, with the new
export orders index increasing
to 57 from 56.5 in July.
There were several other pos-
itive signs for the economy in
the ISM survey. The produc-
tion and employment indices
increased, while new orders
declined but remained above
50.
"Overall, this report rein-
forces other indicators showing
modest but uneven growth
across the manufacturing sec-
tor," David Resler, chief econ-


omist at Nomura Securities,
wrote in a research note.
The stock markets reacted
positively, as investors decided
that several aspects of the man-
ufacturing report make it more
likely that the Federal Reserve
will cut interest rates at its next
meeting September 18.
The Dow rose 117.87 points
to 13,475.61, the Nasdaq up
43.05 to 2,639.41 and the S&P
500 up 19.49 to 1,493.48.
The ISM's prices paid index
dropped to 63 from 65, its
fourth consecutive month of
decline. That could indicate that
''inflation concerns are cooling
off," Shin said, which could
enable the Federal Reserve to
cut rates at its next meeting
September 18.
At the same time, the ISM
index isn't high enough to indi-
cate runaway growth, which
would give the Fed pause, he
said.
"When you add it all up, it's
more encouraging news for a
market that's really anticipat-
ing a rate cut in a couple of
weeks," Shin added.
The market is discounting the
July construction spending data,
he said, because it is a month
old and reflects the well-known
difficulties in housing.
The ISM new orders index
came in at 55.3, below July's
reading of 57.5, while the pro-
duction index registered 56.1,
an increase from 55.6 in July.


Legal Notice

NOTICE

DESERT STREAMS INC.

(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
27th day of August 2007. The Liquidator is Argosa
Corp. Inc., PO.Box N-7757 Nassau, Bahamas.





ARGOSA CORP. INC.
(Liquidator)




Legal Notice

NOTICE

BACLIFF VIEW LIMITED

(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
27th day of August 2007. The Liquidator is Argosa
Corp. Inc., P.O.Box N-7757 Nassau, Bahamas.





ARGOSA CORP. INC.
(Liquidator)


To meet the challenge of operating our growing business, we wish to recruit a:


Portfolio Manager

Main responsibilities Management of discretionary portfolios according to the Bank's guidelines
Conduct appropriate investment research and analysis
Review portfolio performance
Evaluate, control and minimize the risk of the portfolios
Assist with the administration and operations of the Bank
Ideal profile -Several years experience as a portfolio manager
French mother tongue is required, fluent in English
Higher education
Dynamic and proactive personality


What we offer


-The opportunity to play an active role in the success of an innovative bank
-The chance to work within a dynamic and motivated team
-An attractive remuneration package which provides incentives based on results
- Competitive welfare benefits


WEDNESDAY, SEPTEMBER 5, 2007, PAGE 5B


reason why registration/ naturalization should not be
granted, should send a written and signed statement of
the facts within twenty-eight days from the 5TH day of
September, 2007 to the Minister responsible for Nationality
and Citizenship, P.O.Box N-7147, Nassau, Bahamas.


NOTICE

NOTICE is hereby given that MORICK GEORGE OF
PRISON LANE, NASSAU, BAHAMAS, is applying to
the Minister responsible for Nationality and Citizenship,
for registration/naturalization as a citizen of The
Bahamas, and that any person who knows any reason
why registration/ naturalization should not be granted,
should send a written and signed statement of the facts
within twenty-eight days from the 5TH dayof September,
2007 to the Minister responsible for Nationality and
Citizenship, P.O.Box N-7147, Nassau, Bahamas.


Please send your resume and reference to: betsy.morris@syzbank.com
SYZ & CO Bank & Trust LTD. I Tel: (+1 242) 327 66 33
Bayside Executive Park I P.O. Box N -1089 I Nassau, Bahamas www.syzbank.com


Private Bni la
alow
OYSTER Funds SYZ & co a
AlentveIvsmnt rae t efr S Z&C an r


THE TRIBUNE


PUBLIC NOTICE
INTENT TO CHANGE NAME BY DEED POLL
The Public is hereby advised that we, MARSHA ROLLE of
Southern District and MICHAEL ALLISON O'BRIEN of the
Western District of the Island of New Providence intend to change
the name of KADIAN ANWAR O'SHAY ROLLE to KADIAN
ANWAR O'SHAY O'BRIEN. If there are any objections to this
change of name by Deed Poll, you may write such objections to the
Chief Passport Officer, P.O.Box N-742, Nassau, Bahamas no later
than thirty (30) days after the date of publication of this notice.



NOTICE

NOTICE is hereby given that IAN STEPHEN HIGGS OF BONEFISH
STREET, CARAVEL BEACH, APT #112, P.O. BOX F-60306,
FREEPORT, GRAND BAHAMAS, BAHAMAS is applying to the
Minister responsible for Nationality and Citizenship, for registration/
naturalization as a citizen of The Bahamas, and that any person
who knows any reason why registration/ naturalization should not
be granted, should send a written and signed statement of the facts
within twenty-eight days from the 29TH day of AUGUST, 2007 to
the Minister responsible for Nationality and Citizenship, P.O.Box N-
7147, Nassau, Bahamas.



NOTICE

NOTICE is hereby given that NYOKA D. HINSON-MYER OF
15805 SOUTH FORK DRIVE, GULFPORT MISSISSIPPI
395503, is applying to the Minister responsible for Nationality
and Citizenship, for registration/naturalization as a citizen of
The Bahamas, and that any person who knows any reason
why registration/ naturalization should not be granted, should
send a written and signed statement of the facts within twenty-
eight days from the 29TH day of AUGUST, 2007 to the Minister
responsible for Nationality and Citizenship, P.O.Box N- 7147,
Nassau, Bahamas.


NOTICE

NOTICE is hereby given that NADISSA TELEMARQUE
OF COOPER'S TOWN, ABACO, BAHAMAS, is applying
to the Minister responsible for Nationality and Citizenship,
for registration/naturalization as a citizen of The
Bahamas, and that any person who knows any reason
why registration/ naturalization should not be granted,
should send a written and signed statement of the facts
within twenty-eight days from the 5TH day of September,
2007 to the Minister responsible for Nationality and
Citizenship, P.O.Box N-7147, Freeport, Bahamas.


NOTICE

NOTICE is hereby given that ROCHENY TELFORT OF
22 BURIAL GROUND CR., P.O. BOX N-8796, NASSAU,
BAHAMAS is applying to the Minister responsible for Nationality
and Citizenship, for registration/naturalization as a citizen of
The Bahamas, and that any person who knows any reason
why registration/ naturalization should not be granted, should
send a written and signed statement of the facts within twenty-
eight days from the 29TH day of AUGUST, 2007 to the Minister
responsible for Nationality and Citizenship, P.O.Box N- 7147,
Nassau, Bahamas


NOTICE

NOTICE is hereby given that SERGE SMITH NOEL OF
MEADOW STREET, NASSAU, BAHAMAS is applying to
the Minister responsible for Nationality and Citizenship, for
registration/naturalization as a citizen of The Bahamas, and
that any person who knows any reason why registration/
naturalization should not be granted, should send a written
and signed statement of the facts within twenty-eight days from
the 29TH day of AUGUST, 2007 to the Minister responsible
for Nationality and Citizenship, P.O.Box N- 7147, Nassau,
Bahamas.



NOTICE
NOTICE is hereby given that RAYMOND CHARLOT OF
FOREST LANE, SOUTH BAHAMIA, P.O. BOX F-44119,
FREEPORT, GRAND BAHAMA, BAHAMAS, is applying to
the Minister responsible for Nationality and Citizenship, for
registration/naturalization as a citizen of The Bahamas, and
that any person who knows any reason why registration/
naturalization should not be granted, should send a written and
signed statement of the facts within twenty-eight days from the
5TH day of September, 2007 to the Minister responsible for
Nationality and Citizenship, P.O.Box N-7147, Freeport, Bahamas.



NOTICE
NOTICE is hereby given that MICHAEL PREVAL OF #7
MACKEY STREET, P.O. BOX N-44, NASSAU, BAHAMAS,
is applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen
of The Bahamas, and that any person who knows any
reason why registration/ naturalization should not be
granted, should send a written and signed statement of
the facts within twenty-eight days from the 5TH day of
September, 2007 to the Minister responsible for Nationality
and Citizenship, P.O.Box N-7147, Nassau, Bahamas.



NOTICE
NOTICE is hereby given that MACKENSON CHARLES
OF ENEAS STREET, NASSAU, BAHAMAS, is
applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalizatibn as a citizen
of The Bahamas. and that any person who knows any








THE TRIBUNE


PAGE 6B. WEDNESDAY, SEPTEMBER 5, 2007


GN-573










SUPREME

COURT

SUPREME COURT
P.O. Box N-167
New Providence, The Bahamas
COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION
No. 2007/PRO/NPR/00398


Whereas, ARTHUR KENNETH PARRIS, JR., of the
City of Freeport, Grand Bahama, one of the Islands
of the Commonwealth of The Bahamas, Attorney by
Deed of Power of Attorney for Frances Theresa
Parris, Executrix, has made application to the
Supreme Court of The Bahamas, for Letters of
Administration with the will annexed of the Real and
Personal Estate of ARTHUR KENNETH PARRIS,
SR., late of the Eastern District, in the Island of New
Providence, one of the Islands of the Commonwealth
of The Bahamas, deceased.

Notice is hereby given that such applications will be
heard by the said Court at the expiration of 14 days
from the date hereof.

Sign
Desiree Robinson
(for) Registrar


SUPREME COURT
PO. Box N-167
New Providence, The Bahamas
COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION
No. 2007/PRO/NPR/00399


Whereas, ELEANOR ZORINA MUSGROVE, of No.
42, Charlotte Ridge, Western District in the Island of
New Providence, one of the Islands of the
Commonwealth of The Bahamas, has made
application to the Supreme Court of The Bahamas,
for Letters of Administration of the Real and Personal
Estate of FELIX MUSGROVE, SR., late of the
Settlement of George Town, in the Island of Great
Exuma, one of the Islands of the Commonwealth of
The Bahamas, deceased.

Notice is hereby given that such applications will be
heard by the said Court at the expiration of 21 days
from the date hereof.

Sign
Desiree Robinson
(for) Registrar


SUPREME COURT
P.O. Box N-167
New Providence, The Bahamas
COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION
No. 2007/PRO/NPR/00403


Whereas, HILTON GRAY, of Garden Hills, Southern
District in the Island of New Providence, one of the
Islands of the Commonwealth of The Bahamas, has
made application to the Supreme Court of The
Bahamas, for Letters of Administration of the Real
and Personal Estate of ROCHELLE DENISE GRAY,
late of Garden Hills, Southern District in the Island
of New Providence, one of the Islands of the
Commonwealth of The Bahamas, deceased.

Notice is hereby given that such applications will be
heard by the said Court at the expiration of 14 days
from the date hereof.

Sign
Desiree Robinson
(for) Registrar


SUPREME COURT
PO. Box N-167
New Providence, The Bahamas
COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION
No. 2007/PRO/NPR/00404


Whereas, GLORIA MAJOR nee JOHNSON, of the
Settlement of Gregory Town in the Island of Eleuthera,
one of the Islands of the Commonwealth of The


Bahamas, has made application to the Supreme
Court of The Bahamas, for Letters of Administration
of the Real and Personal Estate of EDWARD
MANSFIELD WILSON MAJOR, late of the
Settlement of George Town, in the Island of Great
Exuma, one of the Islands of the Commonwealth of
The Bahamas, deceased.

Notice is hereby given that such applications will be
heard by the said Court at the expiration of 21 days
from the date hereof.

Sign
Desiree Robinson
(for) Registrar



SUPREME COURT
P.O. BOX N-167
New Providence, The Bahamas

Probate Division
2007/PRO/NPR/00405

IN THE ESTATE OF ROXANNE M. COSTELLO, late
of Walton County in the State of Florida, one of the
States of the United States of America, deceased.

NOTICE is hereby given that after the expiration
of fourteen days from the date hereof, application
will be made to the Supreme Court of The Bahamas
in the Probate Division by LUTHER H. McDONALD,
of West Bay Street, Western District of the Island of
New Providence, one of the Islands of the
Commonwealth of The Bahamas, Attorney-At-Law,
the Authorized Attorney in The Bahamas for obtaining
the Resealed Grant'of Letters of Administration in
the above estate granted to MEGAN F.
BRYNHILDSEN the Personal Representative of the
Estate, by the Probate Division of the First Judicial
Circuit of Florida, one of the States of the United
States of America, on the 9th day of January 2007.

Signed
Desiree Robinson
(for) REGISTRAR



SUPREME COURT
P.O. BOX N-167
New Providence, The Bahamas

Probate Division
2007/PRO/NPR/00410

IN THE ESTATE OF CHARLES DEMARS BARNES,
late of 311 East Morse Blvd. Building 1 No. 5 Winter
Park, Orange County, Florida, one of the States of
the United States of America, deceased.

NOTICE is hereby given that after the expiration
of fourteen days from the date hereof, application
will be made to the Supreme Court of The Bahamas
in the Probate Division by EDWARD TERRY NORTH,
of Winton Highway, Eastern District of the Island of
New Providence, one of the Islands of the
Commonwealth of The Bahamas, Attorney-At-Law,
the Authorized Attorney in The Bahamas for obtaining
the Resealed Grant of amended letters of
administration in the above estate granted to
BARBARA B. PLOURDE the Successor Personal
Representative of the Estate, by the Circuit Court
for Orange County in the State of Florida, one of the
States of the United States of America, on the 3rd
day of October 2006.

Signed
Desiree Robinson
(for) REGISTRAR



SUPREME COURT
P.O. Box N-167
New Providence, The Bahamas
COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION
No. 2007/PRO/NPR/00411


Whereas, ELIE ZEPHIRIN, of Cambridge Lane,
Western District in the Island of New Providence,
one of the Islands of the Commonwealth of The
Bahamas, has made application to the Supreme
Court of The Bahamas, for Letters of Administration
of the Real and Personal Estate of DONNA DAMES
ZEPHIRIN, late of Cambridge Lane, Western District
in the Island of New Providence, one of the Islands
of the Commonwealth of The Bahamas, deceased.


Notice is hereby given that such applications will be
heard by the said Court at the expiration of 14 days
from the date hereof.

Sign
Desiree Robinson
(for) Registrar


SUPREME COURT
P.O. Box N-167
New Providence, The Bahamas
COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION
No. 2007/PRO/NPR/00412


Whereas, ANGELA VICTORIA CURRY, of Johnson
Road, Eastern District in the Island of New
Providence, one of the Islands of the Commonwealth
of The Bahamas, has made application to the
Supreme Court of The Bahamas, for Letters of
Administration of the Real and Personal Estate of
RICHARD BASIL CURRY, late of Johnson Road,
Eastern District in the Island of New Providence, one
of the Islands of the Commonwealth of The Bahamas,
deceased.

Notice is hereby given that such applications win be
heard by the said Court at the expiration of 14 days
from the date hereof.

Sign
Desiree Robinson
(for) Registrar


SUPREME COURT
P.O. Box N-167
New Providence, The Bahamas
COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION
No. 2007/PRO/NPR/00413


Whereas, SHENELLA SCAVELLA FERGUSON, of
Carib Road, Eastern District in the Island of New
Providence, one of the Islands of the Commonwealth
of The Bahamas, has made application to the
Supreme Court of The Bahamas, for Letters of
Administration of the Real and Personal Estate of
MAURICE McPHERSON FERGUSON, late of Carib
Road, Eastern District in the Island of New
Providence, one of the Islands of the Commonwealth
of The Bahamas, deceased.

Notice is hereby given that such applications will be
heard by the said Court at the expiration of 14 days
from the date hereof.

Sign
Desiree Robinson
(for) Registrar


SUPREME COURT
P.O. Box N-167
New Providence, The Bahamas
COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION
No. 2007/PRO/NPR/00414


Whereas, FELIX NATHANIEL STUBBS, of Hill View
Drive, Winton Heights Estates, Eastern District in the
Island of New Providence, one of the Islands of the
Commonwealth of The Bahamas, has made
application to the Supreme Court of The Bahamas,
for Letters of Administration of the Real and Personal
Estate of BETTYE MARIE STUBBS, late of Hill View
Drive, Winton Heights, Eastern District in the Island
of New Providence, one of the Islands of the
Commonwealth of The Bahamas, deceased.

Notice is hereby given that such applications will be
heard by the said Court at the expiration of 14 days
from the date hereof.

Sign
Desiree Robinson
(for) Registrar


SUPREME COURT
P.O. Box N-167
New Providence, The Bahamas
COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION
No. 2007/PRO/NPR/00424


Whereas, IVA PAMELA McQUAY, of Dudley Lane
off Farrington Road, Western District in the Island of
New Providence, one of the Islands of the
Commonwealth of The Bahamas, has made
application to the Supreme Court of The Bahamas,
for Letters of Administration of the Real and Personal


Estate of EDWARD McQUAY, late of Dudley Lane
off Farrington Road, Western District in the Island of
New Providence, one of the Islands of the
Commonwealth of The Bahamas, deceased.

Notice is hereby given that such applications will be
heard by the said Court at the expiration of 14 days
from the date hereof.

Sign
Desiree Robinson
(for) Registrar


_ ___







THE TRIBUNE


GN-573
















SUPRE
P.O
New Providence, TI
COMMONWEALTH OF THE
THE SUPRE
PROBA
No. 2007/PRO/NPR/00425


Whereas, MICHAEL PETERSON T
Rosewood Street, Pinewood Gardens
of New Providence, one of the Isla
Commonwealth of The Bahamas,
application to the Supreme Court of Th
for Letters of Administration of the Real
Estate of BURKLE MICHAEL TURF
Balfour Avenue in the Island of New
one of the Islands of the Commonw
Bahamas, deceased.

Notice is hereby given that such app
be heard by the said Court at the exp
days from the date hereof.

Sign
Nicoya Neilly
(for) Registrar


SUPREME COURT
P.O. BOX N-167
New Providence, The Bahamas

Probate Division
2007/PRO/NPR/00427

IN THE ESTATE OF LUCIAN T. JONES a.k.a.
LUCIAN TINDALL JONES, late of 316 San Jose
Drive in the Town of Dunedin, in the County of
Pinellas,-tinhe-State of-Flerida, one of the States
of the United States of America, deceased.

NOTICE is hereby given that after the expiration
of fourteen days from the date hereof, application
will be made to the Supreme Court of The Bahamas
in the Probate Division by ADAM D. R. CAFFERATA,
of Poinciana House, West Mall and Poinciana Drives,
in the City of Freeport on the Island of Grand
Bahama, one of the Islands of the Commonwealth
of The Bahamas, Attorney-At-Law, the Authorized
Attorney in The Bahamas, for obtaining the Resealed
Grant of Successor Letters of Administration in the
above estate granted to CONNIE J. AYERS, the
Successor Personal Representative, by the Circuit
Court of Pinellas County, Florida, Probate Division,
on the 27th day of July 2005.

Signed
K. Mackey
(for) REGISTRAR




SUPREME COURT
P.O. BOX N-167
New Providence, The Bahamas

Probate Division
2007/PRO/NPR/00428

IN THE ESTATE OF BREWER DIXON a.k.a.
BREWER DIXON SR., late of the County of
Talladega in the State of Alabama, one of the States
of the United States of America, deceased.

NOTICE is hereby given that after the expiration
of fourteen days from the date hereof, application
will be made to the Supreme Court of The Bahamas
in the Probate Division by TARA D. DORSETTE,
of Vista Condominiums in the City of Freeport, Grand
Bahama, one of the Islands of the Commonwealth
of The Bahamas, Attorney-At-Law, the Authorized
Attorney in The Bahamas for obtaining the Resealed
Grant of letters of testamentary in the above estate
granted to J. KELLY DIXION the Executor of the
Estate, by the Probate Court in the Talladega County
in the State of Alabama, one of the States of the
United States of America, on the 28th day of May
-1964.

Signed
Desiree Robinson
(for) REGISTRAR


SUPREME



COURT






EME COURT SUPREME COURT
). Box N-167 PO. Box N-167
he Bahamas New Providence, The Bahamas
EBAHAMAS COMMONWEALTH OF THE BAHAMAS
EME COURT THE SUPREME COURT
TE DIVISION PROBATE DIVISION

No. 2007/PRO/NPR/00429
URNER, of
in the Island
hands of the Whereas, ANN SMITH, of the City of Freeport,
has made Grand Bahama, one of the Islands of the
he Bahamas, Commonwealth of The Bahamas, has made
and Personal application to the Supreme Court of The Bahamas,
NER, late of for Letters of Administration of the Real and Personal
Providence, Estate of ERROL HUGH SMITH, late of the
health of The Settlement of Pinder's Point, Grand Bahama, one
of the Islands of the Commonwealth of The
Bahamas, deceased.
locations will
iration of 14 Notice is hereby given that such applications will
be heard by the said Court at the expiration of 21
days from the date hereof.

Sign
Desiree Robinson
(for) Registrar


SUPREME COURT
P.O. Box N-167
New Providence, The Bahamas
COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION

No. 2007/PRO/NPR/00430


Whereas, PATRICK JAMAKO BAIN, of #7 Laceby
Drive, Fortune Bay, Freeport, Grand Bahama, one
of the Islands of the Commonwealth of The
Bahamas, has made application to the Supreme
Court of The Bahamas, for Letters of Administration
of the Real and Personal Estate of PATRICK
SHERWIN BAIN, late of #2 Hillview Drive, Winton
Meadows, Eastern District, New Providence, one
of the Islands of the Commonwealth of The
Bahamas, deceased.

Notice is hereby given that such applications will
be heard by the said Court at the expiration of 14
days from the date hereof.


Sign
Desiree Robinson
(for) Registrar


SUPREME COURT
PO. Box N-167
New Providence, The Bahamas
COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT
PROBATE DIVISION

No. 2007/PRO/NPR/00431


Whereas, ANDREW LEONARD DEAN, of #9 Sutton
Road, Freeport, Grand Bahama, one of the Islands
of the Commonwealth of The Bahamas, has made
application to the Supreme Court of The Bahamas,
for Letters of Administration of the Real and Personal
Estate of ERIC LEONARD DEAN, late of
Midshipman and Sutton Road, Freeport, Grand
Bahama, one of the Islands of the Commonwealth
of The Bahamas, deceased.

Notice is hereby given that such applications will
be heard by the said Court at the expiration of 21
days from the date hereof.

Sign
Desiree Robinson
(for) Registrar


., uu PAGE 7B





ICD Board




resignation




over the




'perverse'




dividend




decision


FROM page 1


ment to upgrade and maintain
Grand Bahama's deteriorating
electricity infrastructure.
Mr Smith was speaking to
The Tribune yesterday amid
what he described as merely the
latest power cut to impact
Freeport, the latest interruption
impacting business and com-
merce in the whole downtown
area.
He added: "Business is suf-
fering. My law firm, which has
27 people working in it, has
been without power, as the
whole downtown area, since
7am. And I've been told by the
power company that when they
find the problem, it will take
another four hours to fix it. This
is not an unusual state of affairs.
We're now having to consider
sending our staff home. It brings
business to a grinding halt.
"How do we expect people
to come and be attracted to do
business in the Sea/Air Busi-
ness Centre, the Harbour, the
vaunted Maritime Centre, build
hotels and condominiums, and
bring in the Morgan Stanleys
and ,Ray~en.GQrQps w.hexiwS,
don't have a stable, affordable
power supply?"
In a June 6, 2007, letter to fel-
low ICD Utilities Board mem-
bers chairwoman Lady Henri-
etta St George, Sir Albert
Miller, lan Barry, Willie Moss,
Pamela Etuk and Grand
Bahama Power chief executive,
Timothy Borkowski, Mr Smith
questioned the directors reso-
lution he had received on May
25, 2007, requesting him to
approve a declare a dividend fr
June 19, 2007.
Stating that he was not pre-
pared to sign the resolution "at
this time", Mr Smith said he had
not been provided with regular
updates and reports on Grand
Bahama Power Company and
ICD Utilities affairs as he had
requested, apart from one occa-
sion when he and Mrs Moss met
former chief executive, Dave
Dunbar.
He also questioned why he
had not been provided with
information on Mirant's plans
to sell its 55.4 per cent stake in
Grand Bahama Power Compa-
ny to Japanese conglomerate,
Marubeni Corporation, a deal
that has since closed, despite its
"potential to dramatically affect
the community of Grand
Bahama in the future and also
the viability of ICD Utilities and
Grand Bahama Power Compa-
ny".
In his letter, Mr Smith said: "1
have noticed that on an almost
daily basis the power is cut off
in Freeport, and sometimes con-
sumers can be for many hours
without power.
"The dramatic fluctuations in
power have caused untold dam-
age to thousands of appliances,
computers, air conditioners etc.
I also notice that almost invari-
ably when it rains, even when
there is no disastrous tornado,
hurricane or storm, the power is
also cut off."
He added: "It concerns me
greatly that ICD Utilities and
Grand Bahama Power Compa-
ny do not seem able to provide
efficient and consistent services
to their customers, yet wish to
declare a dividend?


"As a resident of Freeport,
my recollection is that prior to
the Southern Electric and
Mirant acquisition of shares in
Grand Bahama Power Compa-
ny and ICD Utilities, Freeport
Power (asa it was then) provid-
ed extremely efficient services
to Freeport.
"Frankly, I do not understand
how, despite the investment of
supposed experts in the field of
power generation, supply ser-
vice has gotten worse and worse
over the years."
As a result, Mr Smith said it
seemed "perverse" for ICD
Utilities and Grand Bahama
Power Company to declare div-
idends to shareholders when
they "may need to spend more
money and/or may need to do
something else to provide prop-
er and efficient service to cus-
tomers. I do not understand
how we can be declaring divi-
dends and yet providing consis-
tenly poor service to the com-
munity".
The Callender's & Co part-
ner also described as "extraor-
dinary" a decision to place an
advert in The Tribune on June
.6, 2007, notifying shareholders
that ICD Utilities would pay a
$0.10 per share dividend t9
shareholders of record't 'June
15, 2007, on June 29, 2007, when
the directors had yet to approve
such a resolution.
Marubeni previously told The
Tribune that it planned to install
two medium-speed diesel units
in 2009 and 2014 to boost
Grand Bahama Power Compa-
ny's generation capacity. These
units will provide 37 megawatts
of additional capacity.
The company also intends to
build a new transmission line to
West End and a new substation
at Malibu Reef to provide pow-
er to the Ginn Clubs & Resorts
project in the West End.
Mr Smith yesterday queried
how Grand Bahama Power
Company was able to enjoy tax
exemptions under the Hawks-
bill Creek Agreement for its
operations outside the Port
area, despite over Grand
Bahanfa Port Authority
(GBPA) licensees not enjoying
the same privileges.
He also questioned how the
Marubeni transaction could
have been approved by the
Government in Nassau without
addressing Grand Bahama
Power Company's "quality of
service", and urged the Japan-
ese conglomerate to invest in
upgrading the electrical infra-
structure rather than focus on
extracting short-term profits.
Mr Smith again called for the
Government and licensees to
engage the Port Authority in
discussions about separating off
its regulatory functions from the
Port Group Ltd side, which
owns the assets.
The PortAuthority has to
regulate the very assets that its
principals and shareholders own
and have large stakes in, includ-
ing Grand Bahama Power
Company's electricity rates,
The St George estate, for
instance, owns 50 per cent of
the Port Authority yet Lady
Henrietta also owns a 50.37 per
cent stake in ICD Utilities, and
by extension, Grand Bahama
Power, therefore making her a
shareholder of both regulator
and the very entity that is regu-
lating.


theIIews, re Isi

on MondaysII








THE TRIBUNE


PAhF 8B. WEDNESDAY, SEP I EMBELI. ,200/


.-.' The American iEmbassy in Nassau, The Bahams has a re-

qui reemicl tIor a qualified contracting firm to provide labour, equipment, and
mileriials to remove oe existing steel underground storage tank (US'') and
install one new double wall fiberglass or double wall fiberglass reinforced
plastic (1 RP) jacketed steel tank (for example Glasteel, Plasteel, Permatank
or equivalent). 'his construction effort is estimated at between $100,000
1and $250,000 as per FAR 36.204 and needs to be completed no later than
I)ccember 31. 2007 in Nassau, The Bahamas. The new UST shall be ap-
proxillately 9500 liter (2500 U.S. Gallons). The new tank installation work
will include all associated equipment for leak detection and monitoring and
all piping in accordance with the specifications to be provided. The embassy
can assist with duty-free entry for the tank and equipment associated with
this project once the contract is awarded and a qualified firm is selected.


\1l irins Nwho respond to the solicitation must be technically qualified and
Financially responsible to perform the work. At a minimum each Offerer must
meet the following requirements when submitting their proposal:
Be able to understand written and spoken English;
Have an established business with a permanent address and
telephone listing;
Have the necessary personnel, equipment and financial resources
available to perform the work;
Have all licenses and permits required by local law;
Meet all local insurance requirements;
Have the ability to obtain a performance and guarantee bond and a
payment bond, or to post adequate performance security, such
as irrevocable letters of credit or guarantees issued by a reputable
financial institution;
Have no adverse criminal record;
Have no political or business affiliation which could be considered
contrary to the interests of the United States
Have good experience and past performance records; and,
Identify specialized experience and technical competence'required
to construction the work in accordance with this solicitation.


If a lmrI is interested in competing for this requirement, please provide a
\\witten request for a copy of the solicitation by Monday, September 17th,
2007 to the Attention: Contracting Officer or Procurement Supervisor, U.S.
Embassy Nassau, 42 Queen Street, PO. Box N-8197, Nassau The Bahamas,
Telephone (242) 322-1181 ext 4277, Fax (242) 328-7838 Or via email at
nelsonda@state.gov.


Stocks rise after reports show


mild declines in manufacturing


growth, construction spending


. By MADLEN READ
AP Business Writer

NEW YORK (AP) Wall
Street extended its rebound
from the big summer slump
Tuesday after dips in manufac-
turing growth and construction
spending raised investors' hopes
for an interest rate cut.
The market also got a boost
as investors bought technology
stocks viewed as bargains after
being battered during last mon-
th's selloff. Tech and telecom
are still seeing takeover activity
despite credit concerns, and fur-
thermore, demand for.comput-
ers, cell phones and other such
products appears strong.
Though Tuesday's economic
data came in a bit slower than
anticipated, the market built on
the sharp gains it made Friday.
Ahead of Labour Day week-
end, Federal Reserve Chairman
Ben Bernanke said the central
bank stood ready to "act as
needed" to prevent credit trou-
bles from hurting the national
economy which investors
believed hinted at the Fed's
willingness to lower rates.
When investors returned
from the long weekend, the
Institute for Supply Manage-
ment said the manufacturing
sector expanded more slowly in
August than in July, and the
Commerce Department said
construction activity fell in July
by 0.4 per cent. Wall Street was
pleased that the snapshots were
neither too weak nor too strong
suggesting the economy isn't
falling apart, but that the Fed
will be inclined to cut the
benchmark federal funds rate
when it meets September 18,
after more than a year of hold-
ing rates steady.
"We haven't had anything
happen to change that outlook,"
said Arthur Hogan. chief mar-
ket analyst at Jefferies & Co.
"Everything still points to a Fed
that could lower rates."
In recent weeks, more diffi-
cult access to credit has made it
harder for consumers and busi-
nesses to borrow, raising fears
that tighter access to money will


hurt the economy.
The Dow Jones industrial
average rose 91.12, or 0.68 per
cent, to 13,448.86. The blue-chip
index is about four per cent
below its July 19 record close
of 14,000.41, but about 4.7 per
cent above its summer closing
low of 12,845.78 reached
August 16.
The biggest gainer among the
30 Dow companies was Gener-
al Motors Corp., which rose
$1.18, or 3.8 per cent, to $31.92
after reporting a surprising
increase in August sales.
Broader stock indicators also
advanced. The Standard &
Poor's 500 index added 15.43,
or 1.05 per cent, to 1,489.42, and
the technology-dominated Nas-
daq composite index surged
33.88, or 1.30 per cent, to
2,630.24.
In keeping with its promise
to aid the markets as needed,
the Fed on Tuesday added a
relatively moderate $5 billion
to the banking system through a
repurchase agreement.
Further bolstering the argu-
ment for a rate cut, United
States Federal Reserve Bank
directors, in minutes released
Tuesday from three discount
rate meetings from July 9 to
August 6, said a contracting
United States housing market
posed a risk to growth.
Bond prices slipped as stocks
gained. The yield on the 10-year
Treasury note, which moves
inversely to its price, rose to
4.55 per cent from 4.53 per cent
late Friday. The dollar was
mixed against other major cur-
rencies, while gold prices rose.
Advancing issues outnum-
bered decliners by about 12 to
five on the New York Stock
Exchange, but trading was still
relatively light. Consolidated
volume came to 2.76 billion
shares, up only modestly from
Friday's 2.69 billion.
And though the stock mar-
ket appeared stable Tuesday,
Wall Street is entering one of
its historically most difficult
months as investors return from
their vacations and reassess
their holdings. Last September


was good for the stock market,
but on average, the S&P 500
loses 0.7 per cent during the
month and 0.6 per cent in Sep-
tembers that precede an elec-
tion year, according to the Stock
Trader's Almanac.
Jitters about the credit mar-
kets are not as high as they were
in August, but they haven't
been placated completely.
"Everybody is holding their
breath, looking for more evi-
dence that subprime and all
those woes are still out there,"
said Kim Caughey, equity
research analyst, Fort Pitt Cap-
ital Group.
Helping to boost the Nasdaq,
discount wireless phone service
provider MetroPCS Communi-
cations Inc. offered to acquire
rival Leap Wireless Interna-
tional Inc. for about $5.12 bil-
lion in stock. Leap Wireless
soared $10.97, or 15.1 per cent,
to $83.47, and MetroPCS rose
$1.36, or five per cent, to $28.65.
Giving tech an additional lift,
Yahoo Inc. was named a "top
pick" by a Bear Steams analyst,
an analyst raise his price target
on Intel Corp., and excitement
grew over Apple Inc.'s iPhone.
Yahoo rose $1.24, or 5.5 per
cent, to $23.97; Intel rose 43
cents to $26.18; and Apple rose
$5.68, or 4.1 per cent, to $144.16.
"Technology stocks are the
cheapest they've looked in 10
years, on an earnings multiple
basis," Hogan said, noting that
the tech sector was particularly
pummeled during this summer's
stock plunge.
Stocks in the energy sector
also surged as New York Mer-
cantile Exchange crude futures
rose $1.04 to $75.08 a barrel on
the possibilities of the hurricane
season intensifying and OPEC
deciding not to raise production
when it meets next week.
The Russell 2000 index of
smaller companies rose 7.83, or
0.99 per cent, to 800.69. Over-
seas, Japan's Nikkei stock aver-
age fell 0.63 per cent. Britain's
FTSE 100 rose 0.98 per cent,
Germany's DAX index rose
0.96 per cent, and France's
CAC-40 rose 0.38 per cent.


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information about local news, sports, entertainment and world news subjects that are

important to me. The Tribune is my newspaper."
JASON RAHMING
CONSTRUCTION FOREMAN


The Tribune
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