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Permanent Link: http://ufdc.ufl.edu/UF00084249/02983
 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: 9/10/2007
 Subjects
Genre: newspaper   ( sobekcm )
Spatial Coverage: Bahamas
 Notes
General Note: Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.
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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_02983
System ID: UF00084249:02983

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CINNAMON IfIJ)
MELTS I'm lovin' it
HIGH 89F
LOW 76F

;"-* CLOUDS
AND SUN


The


Tribune


BAHAMAS EDITION


Volume: 103 No.241


MONDAY, SEPTEMBER 10, 2007


PRICE 750


-'NeIboI "


* By PAUL G TURNQUEST
Tribune Staff Reporter
ptumquest@tribunemedia.net
OVER the next three years, the
Bahamas will benefit from Chi-
na's commitment to provide over
$530 million in preferential loans
to promote Chinese business
investment within the Caribbean
region, Wu Yi, the vice premier of
the People's Republic of China
announced at the second China
Caribbean Trade and Economic
Cooperation Forum in Xiamen.
The vice premier outlined the
initiative, geared particularly
towards the Caribbean region,
which will seek to promote invest-
ments in a number of areas,
including infrastructure coopera-
tion, resource development, indus-
trial and agricultural production,
as well as tourism.
Last year, the trade volume
between China and the Caribbean
, region reached a record high of
$4.4 billion a 64 per cent

Christie: Abraham
Butler firing was
an 'act of cruelty'
THE firing of Abraham But-
ler, former general manager of
the Water and Sewerage Cor-
poration, was an "act of cruelty"
demonstrating a complete lack
of compassion and sensitivity to
the best interests of Bahamians
and the Bahamas, PLP leader
Perry Christie said yesterday
during his weekly chat on the
party's website.
Under Mr Christie's adminis-
SEE page 13


Bahamas


increase over the 2005 figure. Chi-
na's exports to the region totalled
some $3.28 billion, with imports of
$1.13 billion rounding out the
overall figures.
Minister of State for Finance
Zhivargo Laing, who is a part of
the Bahamian delegation attend-
ing the conference, said he was
hopeful that the Bahamas' coop-
eration in such programmes
would translate into greater
investment opportunity by Chi-
nese business persons in the
Bahamas.
"And we also expect Bahamian
business people will take more
advantages to export more to Chi-
na," he said.
The Chinese government has
also promised to focus on improv-
ing trade conditions and promot-
ing "balanced trade" between the
Caribbean and China.
Ms Yi: "China will help
Caribbean countries train their


SEE page 13


FANTASTIC
FALL FARES!

S175FORT LAUDERDALE


- $209MiAMI


$243NEW YORK


$252 RuLANDO


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CD

fcc


TRASH IS stacked up inside the Straw Market on Bay Street yesterday, as a major clean-up of the famous
tourist attraction gets underway.

74-year-old's rent for rundown house
raised, now exceeds his pension
0 By KARIN HERIG
Tribune Staff Reporter
kherig@tribunemedia.net
A SENIOR citizen is asking for fairness and
justice after landlords raised his rent for a small
rundown wooden house to the point where it
now exceeds his meagre pension.
A clapboard structure, no electricity or run-
ning water and an outdoor toilet, all for $_250 in i
rent a month- these are the dismal living condi-
tions of 74-year-old retiree Maxwell Williams.
In an interview wilt The "lriijne Mr Williams.a
said he has lived in the small wooden house on
West Street for the past I1I years.
The building has been in dire need of lenlova-
SEE page 14


MR. WILLIAMS says the only thing holding up the
rotting, termite infested roof is two pieces of 2x4.


Family of man
who died in
boat collision
demands autopsy
By KARIN HERIG
Tribune Staff Reporter
kherig@tribunemedia.net
THE FAMILY of 78-year-
old Gladstone "German" Fer-
guson, who died Thursday night
in a collision between a small
fishing boat and a Defence
Force vessel, are demanding
that an autopsy be carried out
to determine the exact cause of
death.
Clarence Ferguson, the 47- I
year-old son of the deceased,
told The Tribune yesterday he
believes that his father died
from the impact of the collision
rather than having drowned
after falling into the water.
Mr Ferguson said that so far
the Royal Bahamas Defence
Force. and particularly Com-
modore Clifford Scavella, have
been cooperative.
"They've shown quite a bit
of remorse and offered their
apologies and have been quite
SEE page 13

Island-wide
black-out on
New Providence
By KARIN HERIG
Tribune Staff Reporter
kherig@tribunemedia.net
NEW Providence yesterday
afternoon experienced an
island-wide black-out after
one of BEC's major cables
developed a fault.
"A 33,000-vault under-
ground cable connecting Bail-
lou Hill Road power station
to Soldier Road sub-station
faulted," BEC said yesterday
in a statement.
The fault occurred at
4.30pm yesterday and techni-
cians from BEC and general
manager Kevin Basden were
on site almost immediately.
As the fault occurred with
an underground cable, the
damage could not immediate-
ly be determined.
There was no electrical fire
or any outward signs of dam-
age.
At press time last lLht a
cause for the fa ad not yet
been determine l however
SEE page 13


"I


I I~~~~i I '' I'* :


#1 PAPER IN CIRCULATION


al


ns


be


Country to provide

$530m to Caribbean

to promote investment







THE TRIBUNE


PAGE 2, MONDAY, SEPTEMBER 10, 2007


Bradley

Roberts'
mother is

laid to rest
BRADLEY
ROBERTS, the former
Minister of Works, buried
his mother Merle on Sat- A ,
urdav.
Her body was laid to
rest at the Western Ceme-
tery in New Providence
following a service at St. m
Francis Xavier's Romanc
Catholic Cathedral.
Archbishop Patrick Pin- '
der presided over the ser- 0
vice.
Mrs. Roberts was 87
years old.



Funeral service for


wife of broadcaster







Energy Saving Tips








REFRIGERATORS

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HEATERS




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te no ,




BERNADETTE LLOYD,
FUEL SURCHARGE 2006 2007 the wife of Jeffrey Lloyd, talk
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following a church service at
_12 St. Francis Xavier's Catholic
Cathedral. The service was
1 0 8 Pider.led by the Archbishop Patrick
93rj7 She was 48-years-old and
1i141 passed away after suffering
10.6988 0.8217 from a stroke.
11001872 She was buried in the
9.6710.3676 101872 Catholic em ry in New
9.9140 I.773 _. 1 Providence. Monsignor Pre-
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9.3128 9.2901ly.


7 2007
S- 2006
W 6-


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4 up other basic rate, which is
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3- changedsin0cltober2003,
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JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC monthyusingafixdfomh


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.










THE TRIBUNE MONDAY, SEPTEMBER 10,2007,OCAPAGEW3


0 In brief

Police
investigating
robberies
over weekend
SOMETIME before 4 pm on
Saturday, two masked gunmen
entered Super Wash on Gibbs
Corner with shotguns and
robbed the establishment and
a number of patrons of cash.
The robbers, dressed in blue
coveralls, escaped on foot in the
nearby area.
While in the area of Market
Street and John Road around
1 am on Sunday, a 40-year-old
man was approached by about
four men who stabbed him and
robbed him of a small amount
of cash. Robbers fled on foot.
The victim was taken to hospital
where he is detained in serious
condition.
Within 10-minutes after the
incident, another man was in
the area of Market and Chapel
Streets, a few blocks north of
John Road, when a group of
men approached and robbed
him of a small quantity of cash.
Reportedly, these robbers, four
to five, ran in the nearby area.
Police believe that the same
robbers were responsible for
both incidents.
All matters are actively being
investigated.


Man is
charged with
shopbreaking
and stealing

AN Eight Mile Rock man
was arraigned in the Freeport
Magistrate's Court on Friday in
connection with a recent spree
of shop-breaking and stealing
incidents which occurred in the
Freeport city area.
Twenty-seven-year-old
Gilbert Bastian of Jones Town,
also known as Gilbert Smith,
was charged before acting
deputy chief magistrate Helen
Jones with 17 counts of shop-
breaking, stealing and receiv-
ing stolen property.
The break-ins, which took
place between July 24. 2007 and
Agust 26_ 20l7, involved,.the
Glbbal Credi and Itollection
Agency, the Global Consulting
Company, Guard-It Security
and Gilead Medical and Heal-
ing Centre.
All businesses are located in
the Pioneer Professional Plaza
on Pioneers Way.
Bastian was also charged with
the break-ins at the Children
Centre anad the Home for the
Aged, both on Frobisher Dri-
ve. '
Among the large quantity of
items stolen were office com-
puter systems, cellular phones,
cassette players, portable radios,
clothing, handcuffs, food snacks,
television sets and cleaning
detergents, all valued at several
thousand dollars.
A significant amount of the
stolen property has since been
recovered.
Bastian, who was not repre-
sented by legal counsel, at first
pleaded guilty to all of the
charges.
However, he later changed
his mind and pleaded not guilty.
The case was adjourned to
November 26.
Bastian was remanded to Her
Majesty's Prison until that date.

CARICOM
heads to
meet in
Bahamas

CARIBBEAN Community
(CARICOM) Heads of Gov-
ernment will meet here next
week to devise a regional plan
to combat the increase of chron-
ic non-communicable diseases
that have been identified as
being major killers throughout
the region.
CARICOM Chairman, Bar-
bados Prime Minister Owen
Arthur, the chairman of the
Heads of Government Com-
mittee on Health; St. Kitts and
Nevis Prime Minister, Dr. Den-
zil Douglas; CARICOM Secre-
tary General Edwin Carrington;
and, host, Prime Minister


Patrick Manning, are expected
to address the one-day summit.
Health officials from across
the region are expected to help
the leaders develop a unified
plan to stop the high increase
in lifestyle diseases which health
officials said account for more
than half the incidence of death
and disease in the CARICOM
region.
The meeting is organised by
the CARICOM Secretariat and
the Pan American Health
Organisation.


Inability to find magistrates




'left justice at a standstill'


* By CALVIN FORBES

FREEPORT The admin-
istration of justice was left at a
standstill for several weeks
"because the authorities could
not find magistrates to sit at
three magistrate's courts at
Freeport's Garnet Levarity
Justice Centre, a leading attor-
ney has alleged.
And, the attorney, who
asked not to have his identity
published because of the sen-
sitive nature of the situation,
claimed that many foreign
investors are also watching
carefully how both the
Supreme and Magistrates'
Courts in Grand Bahama have
been allowed to "fall apart."
"There has not been a full
complement of magistrates in
any of the five magistrate's
courts in Freeport and Eight
Mile Rock for months since the


untimely departure of Magis-
trate Franklyn Williams and
Magistrate Sabu Swain-LaSalle
from magistrate's courts num-
ber. one and two respectively.
Magistrate Williams was
transferred to the Office of the
Attorney General in New
Providence, where he has been
appointed Assistant Director
of Legal Affairs.
Magistrate Helen Jones of
magistrate's court three and
Magistrate Debbye Ferguson
of Eight Mile Rock magis-
trate's court, were left to fill
the void.
But according to the attor-
ney, both are now on extended
leave. He added that he is not
certain what will be done in
the meantime.
Attorney Jethlyn Burrows,
a former magistrate and
deputy Supreme Court regis-
trar, is now president of the
Industrial Tribunal that meets


in magistrate's court four.
A concerned staff member
of another major law firm said
he was left in dismay on
Wednesday when he found
scores of persons at Garnet
Levarity Justice Centre waiting
for their matters to be heard,
"only to be told hours later that
there would be no court."
He said there was not one
magistrate left in Grand
Bahama, "and it seems as if
those in authority do not care
about what happens in here."
"We have one Supreme
Court justice in the person of
Mr Justice Dr Peter D May-
nard, who came to us recently,"
he said. "But as far as the mag-
istrate's courts are concerned,
they have not been consistent
with sitting, and there are too
many adjournments."
The staff member, who acts
as special assistant to the lead-
ing partner in the law firm he


represents, said he understands
that some persons have been
obtaining police bail, but he
could not say for certain what
has happened to suspects arrest-
ed for more serious offences.
Meanwhile, several employ-
ees of Garnet Levarity Justice
Centre have confirmed claims
made by both the attorney and
the para-legal.
"There is no magistrate again
today," said a young man who
had a matter before the courts.
"I believe they will issue a
bench warrant for my arrest."
"The administration of jus-
tice has been left at a standstill
for several weeks now because
the authorities cannot seem to
find permanent judges to sit on
the bench of our magistrate's
courts," said the attorney. "We
are at a crisis level.
"One would have thought
that with so many lawyers in
the House of Parliament and in


the Cabinet of both govcen
ments, the situation would hav';
improved. But that does not
seem to be the case, particular-
ly in Freeport where we have
not been able to have a full
complement of Magistrates 01
Supreme Court judges."
It is understood that Deputy
Supreme Court Registrar
Stephany Saunders has
expressed her concern to her
colleagues, although she would
not say publicly what her con
cerns are.
According to the attorney, he
has had to move a major civil
case to New Providence
because of "uncertainty of get-
ting a court date in Grand
Bahama."
"I am convinced that unless you
have all arms of your legal system
up and running at full steam, vyo
cannot expect to attract the lype of
foreign investors to you i ,onM
try," he said.


* By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net
THE SUPREME court rul-
ing on the Grand Bahama Port
Authority will allow for a
greater degree of investor con-
fidence on the island, a former
PLP senator said yesterday.
Speaking from his office in
Grand Bahama during a tele-
phone interview yesterday,
Philip Galanis told The Tri-
bune that he was "extremely
pleased" with the ruling on the
Grand Bahama Port Authori-
ty.
"I trust that it will now allow
a degree of normalcy to return
to business of the Grand
Bahama Port Authority and I
hope the decision the judge has
rendered (will) provide a
degrie.p fiypstor confidence
that was"adversely impacted
by the uncertainty of the out-
come of the trial," Mr Galanis
said yesterday.
Despite his elation over Jus-
tice Anita Allen's ruling last


month, Mr Galanis spoke out
against the future possibility
of foreign investors being able
to purchase shares in the
GBPA: "I really hope that the
government will not allow any
non-Bahamians to purchase
any of the shares that are or
might become available by the
shareholders. This is too valu-
able an asset to allow non-
Bahamians to be in control of."


According to previous
reports, attorneys represent-
ing Sir Jack Hayward filed a
summons with the Supreme
Court to re-open the trial
based on the claim that Sir
Jack had 75 per cent owner-
ship of the GBPA. Mr Galanis
said he was not aware of this
summons, but felt confident
the case would not be re-
opened.
"1 just can't see any reason
why any judge in his or her
right mind would allow that to
happen, having regard to the
fact that Sir (Jack) had ample
opportunity on many occasions
to present his case and chose
not to." In Mr Galanis' opinion
"his absence from the trial, his
instructions to his attorneys to
withdraw from the trial, or not
to proffer a defence is nothing
short of contempt."
"People are hoping also that
this matter is now put to bed,
and that Freeport will be
allowed to return to the growth
that was stymied by the uncer-
tainties surrounding this issue."


Lady Henrietta thanks supporters


LADY Henrietta St George
has thanked her supporters fol-
lowing last week's ruling in the
Grand Bahama Port Authori-
ty dispute.
"Justice Anita Allen's rul-
ing came as a great relief to
my family and me this week-
end," Lady Henrietta said in a
statement. "It has proved my
faith in the Bahamian legal sys-
tem, and has begun to turn the
tide of events that have
swamped us and threatened to
crush us these last few months.
"To be betrayed by one of
my husband's closest friends
and business partners of near-
ly 30 years was not a pleasant
experience, to say the least,"
the statement said. "After all
the years of work my late hus-
band Edward put into the
Grand Bahama Port Authori-
ty and the home he loved, it
was devastating to have his
name and mine dragged
through the court system."
She said that even more
hurtful was the "friction" that


has developed between the
two families.
"The Hayward's and St
George's have grown up
together and been involved in
so many ways. Additionally.
this tragic war was not only dif-
ficult for our family but also
for those who worked for
Edward and Jack, especially
those who felt they must
choose a side.
"I wish to thank those who
have stood by me and the St
George family and offered
their support unconditionally. I
also must thank those who
have stepped forward in my
absence to help run the Grand
Bahama Children's Home and
to keep my extended family
safe and strong."
Lady Henrietta said she
loves the Bahamian people
and believes that those who
know her will understand why
the ordeal has been "a most
hurtful experience" which will
take some time to recover
from.


"I am happy that the truth
has been upheld and that
Edward's deeds have spoken
for themselves. My family and
I hope that the future for"
Grand Bahama will now be
more secure for everyone."
On Thursday last week, the
St George family and the
estate of Edward St George
won their case, when it was
proved that they did indeed
own 50 per cent of the Grand
Bahama Port Authority.
The Supreme Court has
frozen Sir Jack Hayward's
shares in the Port Authority,
until the court decides whether
or not Sir Jack should be
ordered to sell his shares to the
estate.
In addition, a new action
started by the Estate against
Sir Jack Hayward and the Cay-
man and British Virgin Island
companies claim damages for
fraud and conspiracy to
defraud the estate of 50 per
cent of its shares in the Port
Group.


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IR.BEA'S HOLIDAY A 1:1 3:30 A 620 81 :25 10:50
DEATH IENENCE C 1:85 3:20 WA 6 8:30 10:45
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RUIMHOUiR3 C 1:20 IAc / 6.10 0:40 10:55
WO YMDDAYT MP I 1:15 3:35 W 6 15 8:5 10:35
THEIONIMEULTHJII C 1:0L 20 WA l 8:20 10:45
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THE INVASION 1:15 3:50 N/A 6:20 8:35 10:25
S RUSHOUR3 C 3:35 A :05 8:40 10:35


Former senator says court ruling

will bring investor confidence


MONDAY, SEPTEMBER 10, 2007, PAGE 3


THE TRIBUNE








THE TRIBUNE


PAGE 4, MONDAY, SEPTEMBER 10, 2007


EIOIAULTTR-TOTH6EITOR


The Tribune Limited
NULLIUS A/)1)I('IUS.IIIRARII IN VIERBA MAGISTRI
Being Bounl to Swear to I/w )ogt'mas of/ No Master

L EO)N E. /I. DU1) LIUCi I'uli'sher/.lditor 1903-1914

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

Published Daily Monday to Saturday

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

TELEPHONES
Switchboard (News, Circulation and Advertising) 322-1986
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Nassau Fax: (242) 328-2398
Freeport, Grand Bahama: 1-(242)-352-6608



The case of Water & Sewerage's GM


ACCORDING TO former prime minister
Perry Christie, Mr Abraham Butler, who was
recently fired by the Ingraham government as
general manager of Water and Sewerage Cor-
poration, had skills that should not be lost to the
public sector.
"The government's decision to fire Mr But-
ler," said Mr Christie in his weekly website
chat, "means that those skills are now lost to the
public sector altogether."
We don't question Mr Butler's skills, but if
they are as valuable to the Bahamian people as
Mr Christie claims they are why didn't he secure
a permanent post for him in the Public Ser-
vice?
"Under my administration," said Mr Christie,
"Mr Butler was moved to the Public Service
where his considerable talent and skills were
very useful. The FNM government upoi; conm'ing
to power, transferred Mr Butler back to W;:tc'e
and Sewerage Corporation and quickly fired
him."
Again we ask: If Mr Butler's skills were so
important why didn't Mr Christie secure him a
substantive position in the Public Service from
which he could not be fired'? Why was he trans-
ferred to the Public Service with Water and
Sewerage (WSC) still paying his salary and with
him still appearing on the record as WSC gen-
eral manager'?
It seems onjlygQodjnanagement that on dis-
covering that Mr Butler was still general man-
ager of Water and Sewerage and in fact was
,. still being paid by that corporation, the Ingra-
ham government would transfer him back to
do the job the country was paying him to do.
It became apparent shortly after returning tc
Water and Sewerage that Mr Butler's presence
created the same problems that forced Mr
Christie to transfer him to the Public Service.
The handling of the Butler case is a perfect
example of the leadership difference between
Mr Christie and Mr Ingraham. It shows how
the two men face and resolve problems. One
procrastinates, the other decides. Mr Christie
pushes a thorny matter aside, hoping that the
bitter cup with pass from him. Mr Ingraham, on
the other hand, faces it squarely. He does not
wait for a rainy day to make the decision. He
makes a final decision and moves on. It is
because Mr Christie was incapable of that final
decision that the Butler case is with us today.
Mr Butler was at one time a director of
Lloyds Bank. When the PLP came to power in
May, 2002, Mr Butler was appointed chairman
of the WSC, with Mr Richard Greene as the
general manager.
In the interval Lloyds bank closed its offices
in the Bahamas, and Mr Greene retired as gen-
eral manager of WSC, leaving the way clear


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for the PLP government to appoint Mr Butler as
WSC general manager. Mr Don Demeritte was
appointed WSC's chairman. From that day on
there was no peace.
When we recall how the two men verbally
clawed at each other in the press with Mr
Christie doing nothing to end the disgraceful
spectacle, we are reminded of the duel between
the gingham dog and the calico cat.
Particularly apropos is the verse in the nurs-
ery rhyme that goes:
"The Chinese plate looked very blue,
And wailed. 'Oh, dear! what shall we do!'
But the gingham dog and the calico cat
Wallowed this way and tumbled that,
Employing every tooth and claw
In the awfullest way you every saw
And, oh! how the gingham and calico flew!"
And what did Mr Christie do? Instead of
ending the matter once and for all, he made
what one might call a "Solomonic" judgment.
He gavec NMi Demeritte a position secured by
contract \with Financial Services and Invest-
ment. and transferred Mr Butler to Public Ser-
vices \with WSC still paying his salary the
mailer subject to the Public Service's budget
constraints. Unlike Mr Demeritte his Public
Service position was not secure.
In a letter dated February 27, 2006, Mr But-
ler himself set out the promises made to him by
Mr Christie. Said Mr Butler, he would:
"1. Be seconded to the Ministry of Public
Service effective March 1, 2006. Salary and ben-
efits will continue to be paid by Water and Sew-
crage Corporation until further notice.
"2. Subject to the approval of the Institute of
Public Services Training Budget my transfer
will be made permanent.
"3. The agreed amount of gratuity will be
paid by Water and Sewerage in short order."
Instead of telling us about the Butler skills
that the FNM are denying the Bahamian people,
why doesn't Mr Christie explain why the Public
Service budget found no permanent placement
for Mr Butler? Is it because Mr Butler's salary
of $102.000 per annum is too high to be accom-
modated within the Public Services' budget'?
Mr Christie must have known that there was
no place in the Public Service for Mr Butler,
because it would have meant he would have
been earning more than anyone else. How much
longer was the long suffering public expected to
underwrite his salary at Water and Sewerage'?
How much longer was the public expected to
pay the salaries of two general managers at
WSC?
Why didn't Mr Christie face the facts in
2006, instead of creating an impossible situation
that Mr Ingraham was forced to solve for him in
2007'?


Allegations of




police brutality


EDITOR, The Tribune.
THE defence of police brutal-
ity has been effectively used by
local attorneys for decades when
there is a written statement taken
by the police from an accused
person, that is damaging to the
person's defence. Fortunately in
most cases judges see through the
attorney's allegations as a ploy to
get his client off or have the writ-
ten statement thrown out.
I recall investigating a murder
case in.Cat Island many years
ago. The alleged murderer was
arrested on circumstantial evi-
dence and taken to a school
where he was questioned. The
man was very remorseful as lie
had allegedly killed his wife's
grandmother in error instead of
his wife. He made a statement
confessing to the crime. When the
statement was taken the head-
master of the school and a Baptist
minister were in the room. There
were persons at the windows of
the school looking in. The atloi
ney in the Supreme Court trial
accused us of beating the accused.
The judge allowed the statement
in evidence, but the attorney con-
tinued his accusations of violence
perpetrated on the accused b\ us.
The jury apparently believed the
attorney, never considered the
other circumstancial evidence and
acquitted the accused. Persons in
Cat Island sent a joint letter to
the Commissioner vindicating us.
.' A priest at a commune on
Carmichael Road murdered his
wife. After a prolonged investi-
gation he was arrested. He made
a statement admitting the crime.
In the Supreme Court his attori
ney accused us of police brutality
in obtaining the confession. The
judge allowed the statement inl
evidence. The jury apparently did
not agree the CII) officers had
beaten the priest. He was con-
victed.
Sons of a prominent politician
of the mid-sixties were involved
with another man in the armed
robbery of a pharmacy on Collins
Avenue. The third man waas
caught after a car chase He
fought the police officers and had
to be subdued. The two brothers
got ail\\l but were sulic i.uCeni l
captured. After a period of inter-
rogation and a search of their
home where we found parts of
the cloth cut to make the masks
they admitted the crime and
made written statements. Know-
ing the connection between their
father and the go\vernmcenl of the
day, when they were remanded
to custody I made a request of
the prison doctor to examine
them physically and submit a
report to nme. I got the report stal-
ing that they were questioned
about the period they were in cus-
tody. They had no complaints to
make against the police. One
brother told the doctor that he
was having a headache and asked
for medication, which he got..A
week later their attorney and
their father went to the then
Prime Minister and complained
that the sons were brutality beat-
en at the CID office.
It appears from the tone of the
letter that the allegations were
believed to be true and they con-
vinced the Prime Minister to


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think likewise. I was called by the
Commissioner of Police and
shown both letters (the politician
father of the boys and our PM's)
1 left the Commissioner's office
and returned with the report from
the prison doctor. The sons
entered a guilty plea in court.
I recall an accused person
through his attorney alleging
police brutality against Sergeant
Albert Miller (now Sir Albert) in
the Supreme Court. The police
were able to produce evidence
that when the man was arrested
Miller was in England on a police
training course. The defence by
his attorney obviously failed.
A juvenile was arrested for an
armed robbery of a business
place. He was arrested not far
from the area of the robbery
wearing clothing similar to the
description given by the victim.
He admitted the crime and made
a statement. He also took us to
the bushes where he had hidden
the firearm. We retrieved the
firearm. In court his attorney
accused us of police brutality and
even planting the gun. Accord-
ing to the attorney we were all
lying on the boy. The defence did
not succeed in court. The boy was
convicted and placed on a bond.
The then Commissioner of Police
knew the boy's mother. He spoke
to her about the brutality allega-
tion. She admitted that it was the
attorney's idea for the defence.
The Commissioner of Police
recorded a statement from the
hb\ and his mother for police
records.
It is not my intention to mis-


lead the public into thinking that
there were never incidents of
police brutality. It has occurred
and police officers have been
prosecuted or dismissed when the
evidence is available. However,
it must be made clear to the pub-
lic that the accusations of police
brutality made by attorneys is a
form of defence to have a con-
fession thrown out.
The Police when taking state-
ments from accused persons
admitting crimes must be guided
by the judge's rules and must not
relax their investigations due to
the fact that there is a confession.
Other evidence must be sought
to make a complete case.
I am aware of the procedure
introduced into police policy
regarding the arrests of suspects.
If properly followed and recorded
it could be used in court to defend
against allegations of brutality.
The persons arrested must be tak-
en to the nearest police station
to be registered.
The station officer records the
name, etc, and asks the prisoner if
he has any complaint to make.
His response is recorded.
On each occasion that the pris-
oner leaves the station he is asked
the same question upon his return
and his response is recorded.
He is being given the opportu-
nity to complain of any bad treat-
ment by the arresting officers.
The records could be produced
in court as a defence to attorney's
allegations of police brutality.
Video taping confessions would
be good.
It is very costly and the attor-
neys will accuse police officers of
tampering with the tape.
PAUL THOMPSON Sr
Nassau,
September 3, 2007.


History lessons lost on some of us

EDITOR,. The Tribune.
THOSE of us who forget the lessons of history are doomed to
repeat a lot of negative stuff, but it is not so much their history, it is a
history that is common to all. The election of August 1992 was followed
by hurricanes of a literal and figurative nature and Prime Minister
Ineraham made some choices that angered a lot of persons in the
FNM. He had made a decision to appoint some persons who were not
card-carrying FNMs to positions that required a certain level of exper-
tise. Whether this level of expertise was resident in his party at that time
is open to debate, but he had made a decision to hire the best Bahami-
an for the job. His decisions were very fruitful and the Bahamas came
out of one of its darkest periods to re-establish itself as one of the jew-
els in the Caribbean region, if not the world.
It would seem that some of our nation's history lessons are lost on
some of us. Malcolm Adderley is one of those Bahamians whose com-
mitment to this country, marks him as a person who has the respect of
persons from all walks of life. Many were surprised that he won his seat
in the last election, but those who know him personally were not sur-
prised. Those in the PLP who have chosen at this time to put politics
before country, had best be aware of the message they are sending to
a \watching electorate.
Their decision to have Malcolm "answer" for accepting his recent
appointment, brings up a new the tribalistic bent that is so prevalent in
politics; that the best man for the job is not the best man for the job if
he does not hold a particular polarising view. If we could just get this
out of our heads! If we are able to pull together in times of crisis, just
think of what can happen if Bahamians committed themselves to the
nation's business after all the voting is done.
It may not be known by many, but in the late 1980's, the present
Prime Minister and the leader of the opposition, both of whom at
that time had been expelled from the PLP, attended a meeting called
by a group of concerned citizens. The meeting's agenda dealt with the
possibility of forming a third political party but nothing went beyond
the first meeting. However. it did show that persons from both sides
have sense enough to come together when solutions are needed in
national issues.
The appointment of Mr Adderley is not the issue. The reaction to
the appointment is my concern, but there is a good side to this problem.
This misstep gives us a view of an attitude that those of us who call our-
sclves Bahamian soundly condemn and reject.
EDWARD HUTCHESON
Nassatl.
2007.



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THE TIBUNEMONDA, SETEMBE 10,C007,NAGES


* In brief

Securities
Commission
chairman
named
THE C cabinet Office has
announced the appointment of
accountant Mr Philip Stubbs as
Chairman of the Securities
Commission of the Bahamas.
Other members of the Secu-
rities Commission are:
Sterling Quant, attorney.
Joy Jibrilu, attorney and
consultant in the Ministry of
Finance.
Ryan Knowles, Templeton
Group.
John Archer, Bahamas
Development Bank.
Kendrick Christie (effective
October 1, 2007).
Executive Director,
Bahamas Securities Commis-
sion (ex-officio).
Governor of the Central
Bank of the Bahamas (ex-offi-
cio).
Registrar of Insurance
Companies (ex-officio).

Four men
arrested
after firearm
discovery

GRAND Bahama police
over the weekend arrested four
men in connection with posses-
sion of illegal firearms and
ammunition.
CDU officers of the "Flying
Squad" unit on Friday at
10.20pm conducted an investi-
gation in the parking lot of Ade-
na Court Apartments on
Adventurers Way. Freeport.
Their target was a vehicle sus-
pected of containing dangerous
drugs and firearms.
The officers approached the
parked vehicle, identified them-
selves to the four male occu-
pants, and after informing them
of their suspicions, asked them
, to get out of the car.
. A.search of the vehicle
revealed a .45 Sig Sauer semi-
automatic pistol loaded with
eight live rounds of ammuni-
tion.
As a result the four men -
two 27-year-olds of Adena
Court and two 24-year-olds of
Pioneers Loop were arrested
and taken into police custody.
They .are expected to be
charged in the Freeport Magis-
trate Court in connection with
this incident sometime today.

Four men
arrested
after firearm
discovery
AROUND 4 pm Thursday,
two men, one with a hand gun
and red ski-mask, entered Tex-
aco Service Station on Fire Trail
Road and Faith Avenue and
robbed the station of cash.
Before leaving, a patron was
also robbed of a small amount
of cash. The robbers ran off in
an easterly direction.
The next day a young couple
fled for their lives, pursued by a
group of men. Shots were fired
and the 19-year-old man was hit
in his right arm.
The young man was walking
with a female friend through
Columbus Primary School yard
on Collins Avenue about 8pm
Friday when a group of young
men approached them. The
couple ran. The young man was
taken to hospital, where he is
reported to be in stable condi-
tion.


WWI U J I U II..




and le us
know!what's




'aiM I Uit


Christie urges FNM



to approve Albany



development soon


WITH need for jobs
and over 4,000 stu-
dents exiting the coun-
try's schools every
year, the FNM has to
approve the Albany
project, former Prime
Minister Perry Christie
said yesterday during
his chat on the PLP
website yesterday.
Works Minister Earl
Deveaux said that the
government has no
problem with giving
the Albany developers
all of the permits they
require within the time
frame that they need
them, according to
Works Minister Earl
Deveaux.
There is "really
nothing from (the gov-
ernment's) side that
prevents Albany from getting
all of the approvals that were
given in the heads of agree-
ment that are legally binding,"
he said.
However, certain conces-
sions given to the Albany
developers have been the sub-
ject of discussions between
Prime Minister Hubert Ingra-
ham and the developers after
the Ingraham government
came to power, Mr Deveaux
indicated.
Asked whether the issue of
concessions granted to the
developers under the former
government may have been
what was holding up the
granting of permits to the
developer, Mr Deveaux said
that this was not what had
caused the delay, but admitted
that there were concessions
that were being applied to
things that were not necessar-


ily (provided for under the
Hotel Encouragement Act).
However, he said: "Those
things have been resolved
between the discussions that
the developers have had with
the Office of the Prime Min-
ister." He added: "What is
allowable under the Hotel
Encouragement Act is very
clear and that's what they'll
get."
Last week, Christopher
Anand, managing partner in
the Albany project, said that if
the developers are not granted
the permits they need to begin
construction within the next
two months, the $2 billion pro-
ject may have to be scrapped,
as Albany had made various
commitments with the expec-
tation of being able to open
by 2009.
In response, Mr Deveaux
said that while he could not
give an exact date when per-


mits will be granted -
ultimately a decision for
the Office of the Prime
Minister his govern-
ment is a "focused and
decisive one" and does
not intend to "hold any-
one up".
He said the govern-
ment's desire to inform
the public of the scope
of the projects before
moving ahead is why
the process has been
delayed.
Mr Christie said that
when the PLP Govern-
ment approved Albany,
it did so on the basis
that the container port
would be relocated to
the south-west part of
the island and as a
result, it would have
caused a part of the
road to be close.
"The Albany development
and the new South Ocean
development both would have
benefited from the road closure
as a result of the relocation of
the Ports as a part of the regen-
eration of the city of Nassau,"
Mr Christie said.
The former prime minister
said that the PLP government
was of the view that the devel-
opment of the theme park,
which is ongoing at Clifton, the
new container port, the new
mixed hotel casino development
at South Ocean and the Albany
development, which, led by
Tiger Woods and Ernie Els, had
already attracted some of the
leading sports personalities in
the world, would represent the
completion of the touristic
resort development for New
Providence, with Ritz Carlton
and Baha Mar coming along..


Appleton winners return


HOPE Byer, Rodney
Greene and Toni Rolle, all
staff members of the Burns
House Group of Companies
were treated like royalty in
Jamaica a few weeks ago.
They were the winners of
the Appleton Rum Sales com-
petition held in all the Burns
House stores, nation wide.
The incentive included many
representatives from the
Caribbean. To qualify they
had to sell 40 per cent more
Appleton rum in their region
than last year.
In Jamaica they stayed at
the Full Moon Residence,


where they were catered to by
a cook, butler and house-
keeping staff for four nights.
Lots of entertainment and
learning experiences took
place. There they met the mas-
ter blender of Jamaica's lead-
ing rum. Joy Spence. Using
their present knowledge and
experience acquired at the
Appleton blending and tasting
seminar with Ms Spence, Toni
won a 21-year-old bottle of
Appleton Rum, with Hope as
a runner up in the competition.
The three staff members
came back smiling with great
stories about their experiences.


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THE TRIBUNE


MONDAY, SEPTEMBER 10, 2007, PAGE 5


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


1 -








PAGE 6, MONDAY, SEPTEMBER 10, 2007


THE TRIBUNE


General election underscores





Jamaica's pivotal importance


At By Sir Ronald Sanders
(7 h i' t i;'cr i.v i t ibusii'ss '.Vrt'C-
"tcive an.! i mei Caribbhean
i I lo l 1()


SIl pivotal place iof
T lJaiiaica in Caribbean
relationss and in the region's
educations \\ith tile internation-
al coinmurniity was underscored
by the September 3rd general
elections which saw the Jamaica
Labour PIrtyv (J.LP) unseat the
incumlibent People's National
Ir'i!\ (PNPI ) lor the fist time


in 1S years.
The JLP is associated with a
lukewarm attitude to Caribbean
integration even though the
country's manufacturing indus-
try and. increasingly, its big
financial services providers have
been beneficiaries of the
Caribbean Community and
Common Market (CARI-
COM).
The Party's previous leader,
Edward Seaga, was a huge crit-
ic of the economic integration of
the 15 countries that form
CARICOM, and while he was
Prime Minister did little to


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advance the integration pi ocess
At the end of last yse., Mi
Seaga wrote: "CARICOM is
likely to face a slide, not a climb
in the future. One da' we will
look back at the days, months
and years of effort that has gone
into this futile ordeal to say
nothing of the setback lor tlie
future, and regret the ,waste
which could have been avoid-
ed if the lessons of tIhe past had
been taken to heart."
Part of the past to which MNi
Seaga referred is the objection
of the JLP under Sir Alexanr
der Bustamante to Jaiaicai's
participation in the West Indies
Federation between l05i and
1%2. The J1P1 successfully cain
paigned against tile IeCdelation
in a 1961 RefereiLndum andid
Jamaica withdrew opening theC
way for the Federation's
demIlise.

T he ILP, therefore, has a
reputation of being idc
ologically hostile to deepening
the Caribbean integration
process, and it is understand
able that other Caribbean go\
ernments and the internation-
al community as a \ whole would
be anxious about the policies
that the JLP and its leader Mi
Bruce Golding will adopt
toward the region.


insight,


A goodl(I clue Ito how a
maica govlerilnmentil ullnder Mi
(ioldin\ will treat (CARI)COM
is tonitilned in ithe .l.P's imail-
ft's in Il he geneiriml election.
Although the partly's positioil
is set out i l two brief par;a
grapls in :i lengthy docilllument, it
is. i lI';isl, positive.
'lThe para;igraphs state: "'We
pledge oUl support for ('ARI-
('()M and the concept of
regionlil integration. We will
use OLIr im'nership and hinfll
encie within (lCARIC '(M and the
('SM I' to exploit their real
polenitil, i.e.. to combiline olur
enci cil's and resources as indi-
itldual slates to secure invest
metils, ciatle jobs increase
e\xpo~ils o third counllries and
irijpro\ l li\ il ngl stl an ll ids \\ilhi
Ilie iegoi "i
I ierle i\\as lno o\\old aiou tlhe
region's ellr is to establish a
( \ RI( )M Comnission or a
simil a ineclianisin to improl\e
tIh g\cl clna;lnce of thIe regional
iItegi iliai process. including


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the Single Market and Econo-
my (SME) and nothing about
whether the JLP will clear the
xwa\ for Jamaica to replace the
British Privy Council with the
Caribbean Court of Justice
(('('J) as its highest court of
|'npell.

t is more than likely that
the government will not
sutipport a (ARICOM Coim-
mission and it is difficult to see
how it can support the CCJ as
I thi highest appellate court.
13ll oil trade matters the JLP
does sec \ alue in the Caribbean
Regional Negotiating Machin-
ery (CRNM). Its manifesto


Jamaica will
remain a strong
partner on trade
within CARICOM
from which it
benefits, and it
will be a positive
leader in
international trade
negotiations


states clearly that, as the gov-
er ilenlit tihe JLP will "support
(lie C'RNM and the initiatives
being pursued through CARI-
IFORUM NI to conclude the most
favourable agreements with the
European Union (Economic
Partnership Agreements) and
the World Trade Organisation
(\1O) l)oha round.
Ihese positions on CARl-
( COM may very well suit other
Caribbean governlllenlllts which
have ne\er \\anted to cede, or
pool. anv aspect of Iheir-sover-


eignty to a supra-national
regional body. Those govern-
ments can now sit by while the
new Jamaica government takte.
the blame lor not deepenlilig
regional integration.
Since a quasi-Cabinet of
CARICOM heads of govern-
ment was initiated over a
decade ago, Ithe Jamaican Prime
Minister has carried the poit-
folio lor External Economic
Negotiations.
This task was performed
impressively by PJ Patterson as
Prime Minister and Leader of
the PNP. When the ball was
thrown to Mrs Portia Simnpson
Miller on her election as the
leader of the JLP. it was fum-
bled and eventually dropped.

T he job will now pass to
Mr Golding who is ful-
ly up to the task and who will
undoubtedly give the Commit
tee on External Relations the
leadership it requires particu-
larly as the Caribbean heads
into the final stages of negotia
tions with the European Union
(EU) over Economic Partner-
ship Agreements (EPAs).
In its manifesto for the gen-
eral election, the new govern-
ment gave a clear indication of
the strong position that it
intends to adopt on these issues
It says it will: press the EU
and the US to remove their agri-
cultural subsidies as a precon-
dition for further liberalization
of the Caiihhbbean's market ftor
such products; strenuously advo-
cate that the EU defer beyond
January 2008 reciprocal market
access; identify sensitive goods
and services which can still be
protected from market access
under existing WTO rules; and
insist on the establishment of a
development agenda as the cen-
trepiece of the revival of the
WTO trade negotiations.
All of this is right, and if Mr
Golding holds to these positions
and Jamaica is backed solidly
by other Caribbean govern-
ments. the negotiations with the
EU might turn to a more advan-
tagecous track than the one on
which h the\' are now travelling.

o. while the Caribbean
integration process will
almost certainly slow down
under the new JLP government,
Jamaica will remain a strong
partner on trade within CARI-
COM from which it benefits,
and it will be a positive leader in
international trade negotiations
for which its Primne Minister will
have regional responsibility.
Nonetheless, the Caribbean
region will be looking to Mr
Golding for an early signal that
he is bold enough to walk a
more ambitious path toward
regional cooperation than his
predecessors were willing to do
as leaders of the JLP and Prime
Ministers of Jamaica. Giving
such a signal would onlv
strengthen the pivotal place of
Jamaica in the Caribbean.
Responses to: ronald-
sanders29@lionuaiil.coin


Bahamas

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THE TIBUNEMONDA, SETEMBE 10, 007, AGE


New ambassador hopes to



boost Bahamas trade links


OVER 80 per cent of 3ahaumi-
an imports come from the 1 Unit-
ed States, but competitors such
as China and Brazil are working
to increase their market share,
prospective LIS Ambassador to
the Bahamas Ned Siegel told
members of the Senate Foreign
Relations Committee.
The hearing provides the
Senate an opportunity to pro-
vide its "advice and consent"
for ambassadorial nominees.
If confirmed Mr Siegel said
that he is looking forward to
using his business experience
and acumen to promote the
prosperity that is essential to the
Bahamas' continued stability
and its ability to take on greater
responsibilities as a multi-
dimensional partner for the US.
His Embassy team will seek
to increase US trade and invest-
ment in The Bahamas by link-
ing Bahamian importers to US
suppliers, fostering Bahamian
business development, and pro-
moting US-Bahamian business
connections, including through
the outstanding National Guard
State Partnership Programme
with the State of Rhode Island.
"We will continue to work
with the Bahamas to promote
energy diversification and sus-
tainable tourism, fishing and
agriculture. The Embassy will
continue to promote legal and
regulatory changes that will pro-
mote sustainable development,
an important goal of United
States policy," Mr Siegel said.
Mr Siegel said that over the
years, he has had the opportu-
nity to visit the Bahamas to cel-
ebrate various special family
occasions.
"1I have always considered
The Bahamas as a special place,
and my family and I have many
fond memories of the Bahamas
over the years. If confirmed, I
look forward to creating many,
many new ones," he said.
Mr Siegel said that the Unit-
ed States and The Bahamas
enjoy a close and productive
bilateral partnership built on all
four pillars of the President's
Western Hemisphere Strategy:
Bolstering security, strengthen-


ing democracy, promoting pros-
perity and investing in people.
"Our shared interests, com-
mon commitment to the rule of
law, and geographic proximity


nake The blahamas one of our
closest operational partners in
the Western Hemisphere. The
Balamian public is broadly
committed to the values that we
as Americans hold dear -
democratic governance, the rule
of law, and respect for human
rights," he said
The prospective ambassador
said that these shared values
provide a firm foundation to
build a productive partnership,
but it is up to the Embassy to
ensure that our message is heard
and our actions are understood.
"If confirmed, my embassy
team will step up efforts to
explain, promote and defend
US policies and actions in order
to build support for tU S strategic
goals in the region. We will
focus our outreach efforts to
support our counter-drug and
crime efforts, promote greater


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public awareness of I-11V/AIDS,
encourage a stronger Bahamian
international role on human
rights and democracy, and pro-
mote improved education.
"*'Should I be confirmed, I will
work to improve the United
States' vital, cutting edge efforts
to combat international crime,
drugs and illegal migration. We
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US support for Operation
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THE TRIBUNE


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libie


9














Hundreds attend birthday party




for Anna Nicole Smith's daughter


* LOUISVILLE, Ky.
IT WAS a party fit for a
princess, complete with a cas-
tle and white carriage. Hun-
dreds of guests bearing gifts
attended the first birthday par-
ty Saturday for Anna Nicole
Smith's daughter. Dannielynn,
according to Associated Press.
Pink balloons decorated the
iron gates in front of socialite
Tricia Barnstable Brown's
home. where Smith and Dan-
niclynn's father, Louisville
native Larry Birkhead, met at
a party on the eve of the 2003
Kentucky Derby.
"It really was great to see
her smile, especially through
all the things that we've been
through, just to get to that
milestone of one year was just
great," Birkhead said.
Invited guests had to sur-
render their cell phones
before entering and sign a
release form promising not to
take any pictures. Dozens of
children attended the party
with their parents.
Some guests arrived in lim-
ousines and stretch Humvees,
bearing large stuffed animals
and other gifts. One guest was
seen carrying a large pencil


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drawing of Dannielynn, whose
actual birthday was Friday.
"My daughter had a really,
really good time," Birkhead
said. "Barney the dinosaur
came and gave a special per-
formance. The kids loved it."
A hot-air balloon shaped as
a birthday cake adorned the
front yard. Yellow police tape
stretched around the yard in
the posh Louisville neigh-
bourhood, and about a half-
dozen off-duty police officers
guarded the property.
One guest, Tina Showalter
of Louisville, said she had
known Birkhead most of his
life. Showalter said she left the
party about 15 minutes after
arriving mainly because it was
so crowded.
"Everything is a little fren-
zied in there," she said.
Showalter said that in the
back yard there was "a huge
castle as big as a house," along
with bubble machines and a
white carriage.
About a dozen onlookers
hoped to get a glimpse of a
celebrity, but they left disap-
_pointed...
Leslie Rizzo, 27, staked out
the party with her mom.
Diane, hoping see Dan-
nielynn.
"She has to come out some-
time," Leslie Rizzo said,
clutching a digital camera.


..


A THREE-TIERED hot-air balloon floats in the front yard of the Barn-
stable Brown home Saturday, Sept. 8, 2007, in Louisville, Ky., for
the first birthday party for Dannielynn Birkhead, daughter of the late
Anna Nicole Smith.


Smith, a former Playboy
Playmate, gave birth to Dan-
nielynn a few days before the
death of her son, Daniel. 20, in
the Bahamas.
Smith died of an acciden-
tal drug overdose in
Florida in February at the


age of 39.
Howard K. Stern. her
lawyer and companion. ini-
tially claimed to be Dan-
nielynn's father, but Smith's
ex-bovyfriend Birkhead even-
tually proved that he was the
father.


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THE TRIBUNE


PAGE 8, MONDAY, SEPTEMBER 10, 2007


pg
1'.^


I














Minister calls for



vigilance from



Abaco officers


* By Bahamas Information
Services
MARSH HARBOUR, Aba-
co, Minister of National Secu-
rity Tommy Turnquest has
urged law enforcement officers
in Abaco to remain vigilant to
maintain that island's high level
of stability and security.
Minister Turnquest visited
Abaco on September 5 on a
tour of Royal Bahamas Police
Force facilities there.
"My mission, broadly speak-
ing, is to gain a better under-
standing of the state policing in
Abaco, through the inspection
of a number of police facilities
and through interaction with
police officers serving here,"
Minister Turnquest said. "Of
course, I am delighted to. be
here. among the officers of the
Royal Bahamas Police Force
serving in the Northern com-
mand."
Minister Turnquest was the
keynote speaker at a ceremo-
ny marking his first official vis-
it to Abaco as Minister of
National Security and Immi-
gration.
Accompanying the Minister
were Pennanent Secretary Mis-
souri Sherman-Peter, Commis-
sioner of Police Paul Far-
quharson and Assistant Com-
missioner of Police for Grand
Bahama and the Northern
Bahamas Eugene Cartwright.
Mr Turnquest said that
throughout the islands lifestyles
are varied and different, result-
ing in crime and criminality
manifesting themselves differ-
ently from island to island.
He said Abaco does not have
the same crime rate and trends
as New Providence, especially
violent crime.
"To keep it so requires
unremitting vigilance. Still Aba-
co has its own law enforcement
challenges," Mr Turnquest said.
"Like other islands in the north-
ern Bahamas, its close proximi-
ty to the United States of Amer-
ica makes it susceptible to illegal
international trafficking and
related criminal activities."
He added that, while the
country supports dedicated,
proactive police work in Abaco,


it is understood that policing a
large island of some 650 square
miles and its adjacent cays, pre-
sents logistical, coherent and oth-
er problems for the Police Force.
"It is the local circumstances,
therefore, that must be the deci-
sive factor in determining strate-
gies and policies for policing on
Abaco, as in all our Family
Islands.
"I have been told that practi-
cal policing, dedication and
commitment by every police
officer and reserve have
brought a high level of stability
and security to Abaco," the
Minister said.
Mr Turnquest also expressed
his support for the recruitment
of reserve police officers from
the various Family Islands.
He said that having reserve
officers serve in the islands in
which they live enhances the
efficiency of their service and
is cost effective.
"Essential working tools.
including technology, conmmu-
nications and transportation are
required for more effective
policing in Abaco and the Gov-
ernment will respond to those
requests.
"It is in keeping with the
undertaking made by my gov-
ernment to enhance the capa-
bility of the police force and to
improve the terms and condi-
tions of service of the officers of
the force.


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"This visit, therefore, is to
afford me the opportunity to
get a better insight an insider
account, if you will of what is
being done to effectively police
the island and to determine the
way forward.
"I am open to hearing the
force's assessment on policing
in Abaco and to interacting with
officers of the force, keeping in
view government's responsibil-
ity to set effective policy for
achieving the best police ser-
vice for the people of Abaco,"
Mr Turnquest said.
Mr Turnquest said that crime
and the fear of crime is an issue
-that covers the entire Bahamas,
regardless of which island it
occurs on.
"There is no doubt that crime
and criminality are serious
problems in our country and
that they negatively impact the
safety and security of our citi-
zens, residents and visitors,
alike," he said. "There is no
doubt, also, that crime and crim-
inality have the potential to halt
or reverse our economic and
social progress and to seriously
affect the future of our country
and our people."
Mr Turnquest said that just
as citizens and those legally in
the country can move freely
through the archipelago, the
Bahamas also faces the prob-
lem of policing persons moving
from island to island for "malev-
olent reasons."
"Criminals may also move
freely through our islands, as
do people involved in interna-
tional criminal activities, includ-
ing migrant smuggling opera-
tions and trafficking of contra-
band. including illegal drugs and
guns." he said.


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MONDAY, SEPTEMBER 10, 2007, PAGE 9


THE TRIBUNE


i~d







THE TRIBUNE


PAGE 10, MONDAY, SEPTEMBER 10, 2007


Residents warned to seek approval



over parties at community park


* By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemnedia net
FREEPORT The Citvy of
Freeport Council has expressed
concern about the unauthorised
use of the Taino Beach Com-
munity Park by persons hold-
ing huge parties and fundraising
events there.
Chief Councillor Anita
Doherty said that there have
been complaints of loud music
and raucous activities, as well


as litter and debris left on the
beach park bx inconsiderate
partygioers.
"Rece ntlv theie ha\e been
any number of pclisons wlho
have been using 'laino Beach
on the weekends and having
parties and not taking ca'r of
the environment," she said.
"Persons have been having
huge parties out there and
would bring their generators. It
has escalated to the point where
tourists would not stay and fam-.
ilies with their kids would have


to leave because of tlie loud
music, drinking, and raucous-
ness, and we need to put a stop
to that right now."
The City of Freeport is
responsible for the maintenance
of the Taino Beach Park, where
a memorial is also established in
honour of the late Edward St
George, part owner of the
Giand Bahama Port Authori-
ty.
Ms Doherty said that persons
wishing to hold parties,
fundraisers or any event in the
fultre al 1 aino Beach imrust
obtain permission from the
Council.
""They need to come into the
ofliLe and fill out an itpplica-
lion form. Then, we let them


know exactly what is expected
of them when they use the park.
We would then inspect it after-
wards to ensure that everything
is in order," she explained.
April Gow, deputy chief
councillor, said Taino Beach is a
major community park and
recreational facility in Freeport.
"It is one of the council's sig-
nature facilities it is more than
just a place on the waterfront
to have a cook-out or beach
party.
"We haCe bien tb'le to high h
light the natlial fauna in Il i.
area and create a nature walk to
highlight the indigenous plants
oif Grand Bahama.
"Atddlilntoai;illy wCe have
entered into ia \ivry important


partnership with the St George
family with the St George
Memorial, which is in honour
of one of our city's founding
father."
Mrs Gow said this year's
Summer Goombay Junkanoo
festival was held for the first
time at Taino Beach to bring
"economic and cultural" atten-
tion to the site.
She said that does not give
individuals the right to hold
large event'; and parties there
S ihoiutil t o.. .wiilnet peCInis
'Chere is also concern about
Ithe dumping of large quantities
of garbage by residents in ihce
iultli sil'lers at 'I a i ,.i;-; h A:,-"
persons driving their vehicles


on the lawn area where children
play.
Mrs Gow said the council will
be asking the police for help
with security in the area.
She said that persons have a
right to use the park facilities,
but also the responsibility to
keep it clean.
"We are committed to that
community park and facility.
We are committed to ensuring
the sanctity of that natural envi-
ronment, and ensuring that the
memorial site is intact We hope
lhe community will continue to
partner with us to ensure it
remains that way," said Mrs
Gow


II I
III


Sri Lankan diplomat calls on Prime Minister



















COD





HIS EXCELLENCY Prasad Kariyawasam, High Commissioner of the Democratic Socialist Republic of Sri Lanka (left), made a courtesy call on
Prime Minister Hubert Ingraham on Friday at the Office of the Prime Minister in the Cecil Wallace Whitfield Centre on West Bay Street


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THE TRIBUNE MONDAY,| SEPTEMBERI10, 2007,CPAGEEWS


Turnquest

tours Defence

Force facilities

in Inagua
NA\I IONAL Securtin Mmn
istcl lIoin o' I'ln i lquIst ledi a
ninein-LembeI delegation to
lvlathiC\\ I\\ I. nlagna. oin an
official tour ) of Defence Forcc
facilities.
first formal \isit to Inagua
,since becomilg thile Cabinet
minister responsible for
defenceH ardi im1miilation
matters.
Included in his delegation.
who travelled to the island on
Friday, were Minister of
Labour and Maritime Affairs
Dion Foulkes. Minister of
State for Immigration Elma
Campbell. Missouri Sherman-
Peter. Permanent Secretary)
Ministrv of National Secunit\
and Immigration: and Coin-
iiiodoic Clifford Scavclla
commander of the Roy\al
Bahamas Defence Force
Sean Pinder. Air Wing
Commander of the Defence
Force, said the visit to Inagua
allowed Mr Turnquest to
inspect the base and to ascer-
tain its strength and capabili-
ties in the interdiction of ille-
gal immigrants, the war
against drug trafficking and
in the apprehension of for-
eign fishermen in Bahamian
waters.
Mr Turnquest also toured
other facilities within his port-
folio, including the police and
fire stations and the local
Inimigration office.
The base. which has been
operating in Inagua for a
number of years, has
been upgraded in recent
times.
The government has placed
emphasis on further enhance-
ments at the base to accom-
modate, among other things,
a Southern Command.
Commander Pinder said a
diversification programme at
the Inagua base, including
infrastructure improvements,
was recently initiated by
Commodore Scavella.
Plans are also underway to
increase staffing at the base -
both military and technical -
to accommodate the addi-
tional air and sea craft that
will be stationed there.
Commander Pinder said it
is important to have a con-
stant presence of manpower
at the Inagua base as opposed
to having vessels having to
leave Nassau for limited peri-
ods on patrols to the south-
eastern Bahamas.
"The emphasis is to ensure
a continuous presence at
Inagua to meet the constant
threats, whether the threats
are the influx of illegal immi-
grants, drug smuggling or
poaching," said Commander
Pinder.


Possi


release programme investigated


* By ALISON LOWE
Tribune Staff Reporter
aloweo(tribunemedia nii

(CiOVL RNMNI. IN I1 as
r1 \ aled that a committee has
been lorinid to iIvestigaIte
whether a parole ii ecarly-
release programnim sliould k.
instituted for prisoners
SWe have appointed an
advisory committee on the
plerogative ol ine'I:V whosc
constitutional duly is to dLcil
with condemnlcd Ii)r'1onIs hill
\vtL Ia e bthraidi-ect l hr i t t I
of that comiXihlciL to also It.tIL
with to retIoitmlend )CI
sons who should be let till on'
parole '" sail Minisier oI
N il o ai .. Ai m'
' iiunql.ules yesterday
This imto inlmatioi Cinme aIs a
prlsolie .tllti 1o iii ~ ,'illtenIl
tG -hlkot, -,,I, .,Ill passi '.t l h0
those in his position. who. hi'
claimed. ha\e proven them
selves to hbe trusworlh inmem-
bers of society
The inmate has spent the
last three and a half years of
his 10-year sentence working
for 12 hours a day outside of'
the prison as part of the \i.
mural" work programme
In his 6am to 6pm da\ i1',
he deals with the public in-
tinuously and claims that 11
does not make sense fti ,4
the government to leaX\
persons such as himself t ,
languish in prison when
they have clean prison
records. ..
He said: "You
trusted these men to
be out here every day
- why is it then that
you can't work with
them? (To grant them .
parole would be) an
example for others: we\'N.
got 20 men who are -'11r
there, they did o well, ilI ,
have jobs in society, so k i ,
see it y'all can do the same I
don't understand how th\ rIL


MINISTER of National
Security romllmy
Turnquest


Minister announces formation of committee


An earlv release or p[iole
irogri ammline would also ease
over crowding a long time
problem at the prison, lh. said.
AL/\c indli to Mvi I u1nKlitL'st.
Ite L.comi initiie 'illa> ,ilme[ once
dild intends ItI me t. ;i Lg !tic eCldi oil iIt Ilonl n. H1e
.lnairs iht group io wlthitl
Allornev (lenuieral Claire I lep-
Ou. -1 als( sits
c_' ,i ,',l <' Nii n
In I l | .' , I ', 0 "11 1 t til
1v t I i I I I, I \ \ I I II k I I A a I I\
n I i c-ii c I I II e I i ri
l i si ill I pa|i. i (i pri iii

Mtir It ldt iit I t-M iii 1 i nxt e ih.-

0 1ISit N s\ a1h i.'' I hise Ico" ',IC
OI Ik I Ilk L L k I1 *. I l l .I I Ill
I l w -i, ki lic i ), t l( I Inlk
\\ ok ld ILL'Ii t 1 11 10 CeI Ve l Le
S mllai ldt i ol k Io liCeI seIeIn ..
Billut, hie said, I hlsi, are pci
suILns, \\ho hIa\L l c iiiinhiL l
cimes lI hlie \\Iould have' to
be coifpetliing icasnli- io


il hcii ,-. iti.,K I h1L prisoner, also a father
NI l i mi l i I 1n 1 onill nol Al children in school, said that
i.\ aiL- iindi iio t I li,\\ a parole oi early release sys
iong Ilie cornmiiiiei \txtuld tem would be a logical devel-
iciltm, L(Iiintii' Ii iit oni.'glii'ont "'ou need a better system


where you move people for-
ward. Otherwise they might
do stupid things because they
get disheartened. disgruntled,"
he said. "When a man does
good- uplift him."


.. ., ,. A!" 4









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invites qualified candidates to apply for the position of


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In collaboration with the Financial Contioller, this position rna ;iges rll activities
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Should possess the necessary eqmu'iren ti- m, i tinrihn, hJii in RI( /A
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Proven leadership skills and ability to super vwe stall.

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MONDAY, SEPTEMBER 10, 2007, PAGE 11


THE TRIBUNE


y i K.


~ilous


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ters out in force for contest ini
Raids on


JI i 17 an l NIA l i\'0c (17.
( n.t)i tio rs pl, ivcd for
hoil ,is s|pecltIltuis cl iclrt d on
Mwli they thought was the
cotnlrv's best, and after hours
of competition and trash talk-
ing it was none other than Carl
Rolle Jr. who proved his skills
and walked away the champion
of NBA Live 07 with a cash
prize of $500 while, runner up


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.lames Dean walked away with
a $100 gift certificate courtesy
of Sports Locker and a case of
Red Bull.
In the Madden 07 division
it was Emery Lockhart the
last man standing proving
that he was indeed the best
at the game capturing $500 in
cash and prizes. Andre
Adderley Jr. was the runner


tip loi this tdlit Itu tnld he too
leceI lcd gililt pi)i/es courtesy
of l'hI e Sports Locker and
Red Bull.
However, it was not only
an afternoon designed for the
competitors but for the spec-
tators as well who all were
given an opportunity to win a
26" LG Flat screen TV cour-
tesy of the Sports Locker.


Customers who made a pur-
chase of $10 or more were
gixen a chance to have their
names entered in the draw-
ing to win the 26" flat screen
TV. Customer Alfred McK-
inney was named the winner
of the Sports Locker and
Town Centre Mall's Ultimate
Gainers' Challenge TV raffle
for 2007.


Minister of State returns from Japan

. . . .


EDUCATION MINISTER Carl Bethel greets Bryan Woodside, Minister of State for Youth and Sports, on
his arrival from the World Championships in Osaka, Japan, on Monday, September 3. The Bahamas'
team won three medals one gold and two silver. The ministers are pictured in the VIP Lounge at the
Lynden Pindling International Airport.


Dion Foulkes to address conference

on labour relations and globalisation


MARITIME Affairs and
Labour Minister Senator Dion
Foulkes will attend the 15th
Inter-America Conference of
Ministers of Labour to be held
September 11-13 in Port-of
Spain, Trinidad and lobago.
Mr Foulkes will be accompa-
nied by Donald Symonette.
Under Secretary, Ministry of
Maritime Affairs and Labour:


Harcourt Bro\\n, Director of
Labour: and Althen Alburi\,
Assistant Director of Labonir.
This is the first time that the
meeting, sponsored by the
Organisatioin ol Amcrican
States (UAS). will b e hekin, a
Caribbean country.
Mr Foulkes will address the
fifth plenary session on Sep-
tembei 12 on th lie topic, "'Social


Dialogue and its application to
Labour Relations".
As the Bahamas is a CARI-
COM member, Mr Foulkes'
address will focus on how social
dialogue can help small island
,tates, particularly.as it relates
to globalisation.
Minister Foulkes will return
to The Bahamas on Sunday,
September 16.


" |1 l lI ,, It 'l ll l l l l 1 l l t.t t ll '.
n ei .ti]\ \"'.i'rlla l.' l Io hl l .'c[I
i1 i1 ll I I' 1il :i11.' l ie b o \'s
I .- Ih.' imni lin ti (lie 200)7
t ltin:.' (;i:n c i ('hallengc
('\ ,''l itit ,. M uim competi-
,,o ld !ook thest ag ts the\,
t r, ld to l toi \low case' their
! i l 1 l .'f s M ad


fishing boats
prompt new
measures
GUYANA
Georgetown
A SPATE of pirate attacks
along Guyana's rivers and
Atlantic coast have prompted
the South American country
to set up a radio emergency
network for boaters and place
special markings on engines
to track stolen equipment,
officials said Friday. accordl
ing to Associated IPres.
Fishermen outraged by
more than two dozen raids
reported in the last two
months met this week with
Cabinet ministers to coin
plain that armed sea bandits
have stolen catches of fish
and shrimp and even small
vessels.
Agriculture Minister
Robert Persaud said the new
measures should reduce
attacks and help police track
the pirates, some of whom
are believed to flee into
neighboring Venezuela or
Suriname.
"If we can frustrate them
and put mechanisms in place,
then it can go a long way."
he said.
Pirates have targeted
Guyanese fishing boats for
years but victims say the
attacks have increased in
recent months. Last week,
Interior Minister Clement
Rohee turned, down fisher-
men's requests for permission
to carry arms at sea to defend
themselves.
The government has pro-
posed increasing the maximum
prison sentences for convicted
pirates from 10 years to 25
years. The legislation, expected
to be submitted to Parliament
later this year, would make
piracy a crime on par with
murder or manslaughter.


-ARSY U EX

Send.an emailrto
Sutribunem'diahnet
and let us


.L


I- -YY YV LI~-


S',\;F 12, MONDAY, SEPTEMBER 10, 2007


THE TRIBUNE


r'










T^HE TRIBUNE MONDAY, SEPTEMiBER 10,2007,LPAGEN13


Family of man who died in




boat collision demand autopsy


FROM page one

cooperative," he said.
Mr Ferguson said he is now
waiting to see the results of
the investigation into the
accident, but believes that
the Defence Force was
speeding at the time and was
not sufficiently equipped to
spot the small fishing boat.
He also expressed surprise
that no counselling was
offered to those on board the
fishing boat when the colli-
sion occurred.
Gladstone Ferguson and
his friend Wenzal King Sr
were thrown overboard when
their 16-foot metal skiff was
hit by the P-40 Defence
Force vessel. Mr King's 11-
year-old son, Wenzal Jr,
managed to hold on and stay
aboard the small boat.
Mr Ferguson said yester-
day that he thought coun-


selling would have at least
been offered to the 11-year-
old boy, who is still badly
shaken by the incident.
"An adult would need to
be counselled after going
through something liked
that," he said.
Gladstone Ferguson, origi-
nally from Mount Thompson,
Crooked Island, was fishing
on the south side of Paradise
Island at 10pm on Thursday
with his friend Mr King and
the friend's 11-year-old son,
when they were hit by a
Defence Force Harbour
Patrol vessel.
Mr King and his son were
uninjured, however, Glad-
stone Ferguson could not be
located in the water.
The boy and his father
swam for about five minutes
when the Defence Force boat
came back searching for
them.


Christie on Abraham Butler firing
FROM page one

tration, Mr Butler was moved to the Public Service where, in the
estimation of the former prime minister "his considerable talent and
skills were very useful."
The Free National Movement government upon coming to pow-
er, transferred Mr Butler to the Water and Sewerage Corporation
and later fired him.
Phenton Neymour, Minister of State for Public Utilities, respond-
ing to Mr Butler's accusations of victimization said that the former
general manager "must now accept that the fault is entirely his."
Mr Neymour issued a press release in response to Mr Butler's
allegations, first published in The Tribune and Bahama Journal last
Monday, in addition to a full page advertisement in the Journal, list-
ing his grievances.
"I reject all of the accusations made against me by Mr Butler in
his published tirade," Mr Neymour said.
The minister took particular offence to the assertion made by Mr
Butler that privileges were taken away from him when he did not
promote two ladies at the minister's request.
"At no time did I attempt to instruct him to promote any employ-
ee of the Corporation." Mr Neymour said. "Two female employees
of the Corporation wrote to me alleging victimisation. I forwarded
their complaint to Mr Butler with a covering letter asking him to
review the complaints and say how the matter could be resolved. His
allegation that this constituted an attempt by me to impose my will
on him 'to promote two female staff members' is patently absurd."
Mr Butler alleged that this issue of promotion was referred to the
relevant committees. Days later, Mr Butler subsequently received
a letter he alleges was sent by Mr Neymour, requesting the return
of a car he was using, now to be used by the new WSC Chairman
Michael Barnett. The letter, according to Mr Butler, is also said to
have demanded the return of any vehicle allowances he received.
Mr Christie said that he recognized that Abraham Butler had
skills that should not be lost to the public service.
"The Government's decision to fire Mr Butler means that those
skills are now lost to the public sector altogether," the former
prime minister said.
See Editorial page 4.


The officers reportedly
radioed for help and a sec-
ond vessel came to assist 10
minutes later.
The two survivors were
then taken to the RBDF
base, while the Defence
Force reported that four of
their craft and two parasail
vessels were searching for the
missing man.
Some 15 hours after the
accident a Defence Force
diving team found Gladstone
Ferguson's body in the area
of the accident.
Mr Ferguson said yester-
day that his father had been
fishing all his life without any
accidents.
"He used to go fishing a
whole lot, in the evenings, at
nights. He knew exactly what
he was doing, he's been
doing it all his life, it's recre-
ation for him.
"It's sad to see him live this


China loans
FROM page one
government officials and various
technical professionals by offer-
ing 2,000 training opportunities
within the next three years. Mean-
while, China will continue to pro-
vide scholarships to students from
the Caribbean and send Chinese
teachers and medical teams to
countries in need."
China, Vice Premier Yi added,
is also prepared to send experts in
agriculture to countries in need
to help with crop planting, farm-
ing, agricultural equipment pro-
duction, and fisheries resources
development.
In terms of tourism develop-
ment, the Chinese government
has also pledged to actively push
for the implementation of memo-
randums on tourism cooperation
by encouraging more Chinese cit-
izens to travel to the Caribbean
for both business and leisure pur-
poses.
"China and Caribbean coun-
tries are economically comple-
mentary," Ms Yi said, "so there is
a huge potential for the two sides
to carry out cooperation.
"As long as we follow the prin-
ciple of 'looking forward, pro-
ceeding in order and step by step.
mutual benefit and common
development', the economic and
trade cooperation between Chi-
na and the Caribbean countries
are fund to have a bright and
broad prospect."


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long, to be so strong and
healthy and to die at that age
from an accident," he said.
Mr Ferguson said that he
and sisters are going to view
his father's body today and
that the family will then start
making funeral arrange-
ments.


Island-wide


black-out on


New Providence

FROM page one

repairs were underway.
Island-wide power was expected to be restored by 7.15pm.
At 33,000 vaults the cable that faulted is one of BEC's
biggest ones which provides island-wide supply of power.
BEC said that it regretted any inconveniences which may
have been caused by the island-wide blackout.
Investigations into the cause for the outtage continue.


7.0






Ireptmhe,2t
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KIAM b)l)l .
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MONDAY, SEPTEMBER 10, 2007, PAGE 13


THE TRIBUNE







PAGE 14, MONDAY, SEPTEMBER 10, 2007 THE TRIBUNE


invites applications for the position of
MANAGER, CARD OPERATIONS


0i
dL
















co
z






0


I LOALNW


PROFILE:
* 7+ years in the financial services industry with 5+ years in the bank card
and/or electronic banking services and card operations management

RESPONSIBILITIES INCLUDE:

Establish operating policies, procedures & controls
responsible for daily management of card product operations and electronic
banking delivery systems
Work with internal departments, external vendors and card
associations to assure cardholder services and compliance
Output and delivery of statements, plastics. letters and supporting
IT infrastructure
Support the development of new card and electronic banking
products and services
Team with Marketing to execute product and sales plans,
marketing strategies, customer loyalty programme
Oversee payments and application processing, maintenance of
databases, cards support training, account posting and reconciliation
Resolve cardholder disputes and process chargebacks
Administer fraud and loss prevention progranmmues
Participate in budgeting process
Monitor service levels and report on performance

CRITICAL COMPETENCIES:

Operations /financial focus with teelmchnical background
Demonstrated project management experience
Strong communication (verbal and written). organizational, and
supervisory skills
Strong demonstrated knowledge in banking regulation and operational risk
management
Excellent interpersonal skills. Ability to effectiNely interact with all levels
of management and employees

The person will report directly to the Executive Vice President and CFO
Competitive compensation package will include salary, benefits and bonuses.
The Director Human Resources
51 Frederick Street
P.O. Box N-4853
Nassau
Fax 326.300q 4 .. .. , , ,
e-mail: careers@fidelitybahamas.com


FROM page one
tions and repairs since he first moved there. How-
ever, up until this year Mr Williams was only
required to pay at the most $50 a month for the
dilapidated shack.
This changed earlier this year when his landlord
died and her granddaughter inherited the prop-
erty, Mr Williams explained.
The senior citizen said that although his new
landlord made no renovations or upgrades to
the building she raised the rent from $50 to $250
a month.
Mr Williams said he is unemployed and
depends completely on his $230 in pension mon-
ey a month.
"No one would give me a job at my age, all I
have is my pension. How am I supposed to pay
$250 if I'm only getting $230?" he asked.
Mr Williams said that when he first moved
into the West Street house he arranged with the
then-landlord an elderly woman with health
problems to pay her $50 a month and help her
with tasks around her home in exchange for let-
ting him live in the small wooden structure.
"I did some things like getting her tea, cooking
her a little bit of food, getting her walker and


medicine," he said.
However, as soon as his landlord died, ne
arrangements were made which Mr Williams wa
unable to meet.
The retiree explained that his new rental agree
ment requires him to pay $250 every month an
a $25 late fee if he does not make the payment b
the first of each month.
Mr Williams said that even if his pension cov
ered the rent he would not be able to pay it o
time as government usually pays out the pen-
sion money at around the middle of the month.
The senior citizen said that he feels that the
comparatively high rent is unjustified for the
kind of building in which he is living.
In addition to still having to use an outdoor toi-
let in the bushes behind the house, Mr Williams'
roof leaks and the walls are rotting through. He
said that the only thing holding up the rotting, ter-
mite infested roof are two pieces of wood.
"Any day the place can fall down around me.
I have to move my bed from wherever it leaks.
The door is rotted and can't open anymore, so I
latched it shut and enter my home through the
window," he said.
Mr Williams said he is now only asking for
some reason and justice from his landlord and for
understanding for his difficult situation.


Hosanna House


is for


This 5,000 square feet building is on a
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74-YEAR-OLD Maxwell Williams points out the old rugs he uses on his roof to help stop leaks
when it rains.

Rent for rundown house is raised


I


THE TRIBUNE


PAGE 14, MONDAY, SEPTEMBER 10, 2007






iviuNlDAY SEPTEMBER 10, 2007, PAGE 15


THE TRIBUNE


*









*




. ~n


RBC is pleased to announce the opening of a new branch on Carmichael
Road. This new temporary location will house both RBC Royal Bank of
Canada and RBC FINCO under one roof, pending the construction of RBC's
new flagship location one block west on Carmichael Road.

Royal Bank will offer a full range of banking products and services, while
RBC FINCO will offer a full suite of mortgage products and services.


Services include:

Business and Consumer Loans

Personal and Business Deposit Account Services

Single and Multi-family Residential Mortgages

24-Hour ATM

Foreign Exchange Services

Night Deposits

Card Services

Royal Online"T Internet Banking

and more!

Come see us at the corner of Carmichael Road and Turtle Drive. We look


forward to welcoming you to our new location soon!


i


I






PAGE 16, MONDAY, SEPTEMBER 10 2007


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THE TRIBUNE


SOL %%% 1)\ lj -
.. .. U SS. .


I*p. Rate:









MONDAY, SEPTEMBER 10, 2007


SECTION -


U U


Colinalmperial.


Confid nce Fr Lif


business@tribunemiedia.net


St George estate moves


to


force Sir


Jac


s sale


* By NEIL HARTNELL
Tribune Business Editor
he late Edward St
George's estate
will this morning
appear before
Supreme Court
Justice Anita Allen in a bid to
amend its originating summons
and ultimately seek an order
compelling that the 50 per cent
stake held by Sir Jack Hay-
ward in the Grand Bahama
Port Authority (GBPA) and
Port Group Ltd be sold to it.


Attorneys for the estate's
three executors Lady Henri-
etta St George, her brother,
the Earl of Euston, and Chris
Cafferata and Mr St George's
daughter, Caroline, are
attempting to clear the way so
the estate can seek an order
forcing Sir Jack to sell out to
them, rather than his son, Rick,
and ousted GBPA chairman,
Hannes Babak.
If approved, the amended
summons will ask the court to
order that the remaining shares
in the GBPA and Port Group


Ltd, which are held by their
holding vehicle, Interconti-
nental Diversified Corporation
(IDC), via one of three meth-
ods:
That Seashells Invest-
ments, a British Virgin Islands
company the estate alleges is
100 per cent beneficially
owned by Sir Jack (this is the
subject of a dispute), sell its
stake in ICD "at a fair value".
That ICD sell its shares in
the GBPA and Port Group
Ltd to the St George estate "at
a fair value for 50 per cent of


those shares, to be fixed".
That ICD be wound-up,
and Seashells Investments be
ordered to sell the GBPA and
Port Group Ltd shares it
receives as a result, to the St
George estate, again at "fair
value".
If the court approves the
summons amendments, it
would then have to decide
whether to compel Sir Jack to
sell his stake to the St George

SEE page 3


7


Economic growth


'slowdown' fears


* By NEIL HARTNELL
Tribune Business Editor
THE Bahamas Chamber of
Commerce's president has
urged the Government to
approve the Albany and Baha
Mar projects, telling The Tri-
bune that the business com-
munity remains "in a holding
pattern" at a time when the
Central Bank of the Bahamas
is warning there was "some
moderation in the pace of eco-
nomic growth" during July
2007.
Dionisio D'Aguilar, who is
head of laundromat chain
Superwash, said there was
"nothing sexy, there's nothing
significant" going on in terms
of economic activity in the
Bahamas currently, with the
business community still look-
ing to gain a sense of direction
from the new government, in
particular its economic and
investment policies.
"I think the business com-


Chamber chief
urges government
to approve Albany
and Baha Mar to
stimulate much-
needed economic
activity

munity is poised to see what
the Government is going to do
with these significant projects
before them," Mr D'Aguilar
said.
"We've had the Town Hall
meetings on Albany, and the
Albany people said they need
to start development in 60
days. I think the general con-

SEE page 4


'No government intervention'


on developer bond safeguards


* By NEIL HARTNELL
Tribune Business Editor
THE Government is reluctant to get
involved in talks between Bahamian con-
tractors and foreign developers when it
comes to the latter putting up a 'perfor-
mance bond' to guarantee local firms will
be paid, although the director of invest-
ments in the Office of the Prime Minister
will act as a liaison between the two sides
to ensure Bahamas-based companies have
a chance to bid on contracts.


Contractors focused on passing Bill to regulate industry


Stephen Wrinkle, of Wrinkle Develop-
ment, the Bahamian Contractors Associ-
ation's (BCA) president, told The Tribune
he and other Association executives had
met with Prime Minister Hubert Ingra-
ham find his officials for one-and-a-half
hours last Monday to discuss a variety of
issues impacting the industry.
With a number of Bahamian contractors
owed significant sums by some Family


- ,L Nassau Exuma *Abaco *Freeport


Island developments, amounts which have
been outstanding for several months. Mr
Wrinkle said he and his fellow BCA exec-
utives raised concerns about the absence
of legislation and policies requiring devel-
opers to post a bond or lien.
"Contractors are owed money on some

SEE page 6


* Cayman


Capri's Grand


Bahama casino


makes $

* By NEIL HARTNELL
Tribune Business Editor
ISLE of Capri's Grand
Bahama casino again suffered
a small $47,000 adjusted oper,
ating loss in the first quarter
of its current financial year,
despite having signed an agree-
ment with the former PLP gov-
ernment that wrote off $6.9
million in owed taxes and
reduced its gaming tax rate
from 17 per cent to 7.5 per
cent.
The loss for the three
months ended on July 29, 2007,
paled, though, in comparison
to the $2.66 million adjusted
operating loss that its Grand
Bahama-based casino, which
is part of the Our Lucaya
resort, sustained during the
2006 comparative period.
In its form 10-Q, filed with
the Securities and Exchange


47k loss

i commission (SEC), Isle of
;apri said "decreased market-
ing" spend was the reason why
revenues at the Isle-Our
, Lucaya were down in the quar-
| !ter to July 29.
Revenues were off 22.7 per
cent compared to 2006, stand-
ing at $3.83 million as opposed
to $4.93 million the year
before.
The decrease in revenues
from Isle-Our Lucaya was the
main reason behind the decline
in revenues from its interna-
tional operations, Isle of Capri
reported.
For the 2007 first quarter,
the operating loss margin was -
1.2 per cent, compared to a loss
margin of -54 per cent the year
before.
For the 2007 first quarter,


SEE page 9


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THE TIBUN MONAY, EPTEMER 1, 207,IPGES3


City


Markets


in five-


year union


deal


The owner of the 12-
store City Markets
chain has signed a
five-year industrial
agreement with the union rep-
resenting 500 of its workers, the
deal calling for a 15 per cent
salary rise over that period.
Much of the pay increase
involves bonuses tied to pro-
ductivity, with a 5 per cent rise
occurring upon signing. Some
500 full and part-time employees
at City Markets 12 stores and
New Providence distribution
centre will benefit from the con-
tract, which was signed on Friday
at the Ministry of Labour.
Basil Sands, chairman of
Bahamas Supermarkets, City
Markets' parent company, said
in a statement that the contract
with the Bahamas Commercial
Stores, Supermarkets and Ware-
house Workers Union "marks
the first time the company's suc-
cess is directly linked to bonuses
for employees in a standardised
formula. When City Markets
does well, employees will do


even better".
Mr Sands explained: "As the
company's net income increases
and shareholder value does like-
wise, so the company's employ-
ees' annual bonus paid out at
Christmas will reflect the
improvement."
He added that talks leading to
the agreement had gone smooth-
ly. The previous contract had
expired in June, and both union
and company said the process
of renewal had gone smoothly.
"Talks between the union and
management have been amica-
ble, pleasant and cpnflict-frec,"
said Mr Sands. "When union
negotiations are free of conflict,
that means one thing that the
company is treating its employ-
ees fairly and with respect, that
benefits are appropriate, and
that those persons charged with
the responsibility of representing
employees are satisfied that the
entire package pay, benefits,
vacation, insurance and oppor-
tunity for advancement is sat-
isfactory."


St George estate moves to force Sir Jack's sale


FROM page 1


estate. The development is the
latest twist in the Port Author-
ity ownership saga, and proves
that despite Justice Allen rul-
ing that-the ownership was split
50/50 between Sir Jack and the
estate, the battle is far from
oyer.
K.LT1also unclear whether Sir
Ja6k will appeal the verdict,
and continue to insist on his
claim to 75 per cent GBPA
and Port Group Ltd owner-
ship, although there is every
likelihood he will.
Both sides will also be in
court again tomorrow, this
time to deal with the injunc-
tion Justice Allen imposed on
Sir Jack, Seashells Investments
and ICD to prevent them from
selling a 50 per cent stake or
any shares in the GBPA, Port
Group Ltd, ICD, Fiduciary
Management Services (FMS)
and Seashells. That freezing
injunction expires tomorrow,
and is set for further hearing.
Meanwhile, the St George
estate is contesting the asser-
tion that Seashells Investments
is merely a trustee holding the
ICD shares, and that Sir Jack
has no authority to bind it or
act as its decision-maker.
Seashells' trustee has recently
appointed Brian Moree, senior
partner of McKinney, Bancroft
& Hughes, as its attorney in
the GBPA ownership dispute.
The St George estate is
alleging instead that Sir Jack
is Seashells' 100 per cent ben-
eficial owner and "has always
exercised control over the
same and its income". For this,
they rely on a sworn affidavit
by Ian Barry, the GBPA and
Port Group Ltd's chief finan-
cial officer, and FMS secretary,
in which he acknowledges that
no financial statements for
ICD had been prepared for 20
years.


GRAHAM

REAL ESTATE
i b..; lr.- n. Int rity Evetvy [>a


Mr Barry alleged that he
"only received and accepted
instructions from Sir Jack with
respect to disposition of funds,
payments or disbursements
that he wished to make for his
personal purposes from all of
the accounts maintained for
him in FMS or Port Group
Ltd......"
Mr Barry added that while
unaware of the trust and
trustee structures set up for Sir
Jack by Oceanic Bank & Trust
in 1993, whenever he received
a request from this institution
relating to Sir Jack's dealings
with Port Group Ltd, he
always sought authorisation
from Sir Jack.
Mr Barry "did not act upon
any trustee instructions" with-
out Sir Jack confirming these.
".....Oceanic Bank had no con-
trol of, and had no idea of,
what was in Sir Jack's or his
Port Group Ltd's Bahamian
dollar accounts, in respect of
which they never gave any
instructions or made any
inquiries about ever. and they
never even saw them," Mr
Barry alleged.
"These accounts on an annu-
al basis were very substantial,
averaging on a per annum
basis at least $1 million or a
little more. Authority for all
those payments was received
exclusively from Sir Jack.
These Bahamian dollar
accounts were reimbursed by
dividend declarations by Port
Group Ltd to IDC, which were
simply reconciled through jour-
nal entries through the various
accounts I maintained for
him."
Mr Barry alleged that direc-
tors' resolutions were never
prepared by IDC for Mr St
George and Sir Jack to sign,
and he paid dividends from
that company equally into the
pair's separate accounts with
FMS.
"Prior to 1993, I credited 50
per cent of the IDC dividends
to Sir Jack's personal account


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in FMS," Mr Barry alleged. "In
1993, when Oceanic set up the
Hayward Trusts, Oceanic
requested that an account in
FMS entitled Seashells be set
up, and to which all dividends
be credited. I did so only after
receiving Sir Jack's confirma-
tion.
"Thereafter, I continued to
act only on Sir Jack's instruc-
tions and directions to make
payments, transfers and or dis-
bursements as needed by Sir
Jack, and or to reconcile and


balance the various accounts
from Seashells to cover expen-
ditures incurred by Sir Jack for
himself, or for others on his
instructions in his personal
accounts with FMS.
All accounts were treated by
FMS as being held for Sir Jack
alone, Mr Barry alleged, and
while Oceanic Bank would
submit invoices to Sir Jack for
services performed, these
would "on Sir Jack's instruc-
tions remain unpaid for a very
long time".


"Eventually, Oceanic Bank
would press for payment. I
would intercede and ask Sir
Jack to deal with the invoices.
Sir Jack would then call
Oceanic and negotiate settle-
ment and personally approve
my payment of the invoice,"
Mr Barry alleged.
"Oceanic never had any
authority and never sought to
control the funds held by the
trusts in FMS." There were 10-
11 FMS accounts relating-to
Sir Jack's trusts, and Mr Barry


said he never consulted with
Oceanic on the declaration of
dividends, how much or when
they were to be paid.
"They never sought to be
involved in any matters, finan-
cial or otherwise, relating to
the funds held on behalf of the
trusts by FMS," Mr Barry
alleged of Oceanic. Sir Jack's
shares were held in ICD's
name, but the trustees had nev-
er requested financial state-
ments for ICD or Port Group
Ltd.


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
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














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We are currently seeking a qualified Principal to join our Audit practice.


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Successful candidates for the Principal position must have at least twelve years professional public accounting
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Applicants must hold a CPA, CA, or other professional designation recognized by the Bahamas Institute of
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Swiss cooperative. All rights reserved.


THE TRIBUNE


MONDAY, SEPTEMBER 10, 2007, PAGE 3B









PAGE B, MNDAY SEPEMBER10, 007UHEITIBUN


PAT STRACHAN

is pleased to announce
the opening of his
mortgage service business

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PEDIATRIC AFTER

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FROM page 1

sensus in the business commu-
nity is it's a good deal, and the
Government should sign that
one and get the project mov-
ing.
"Nothing significant is hap-
pening; nothing dramatic is
happening."
With construction work on
Kerzner International's Phase
III project on Paradise Island
having largely been complet-
ed, and the new development
now fully operational, con-
struction firms had been hop-
ing to flow seamlessly to work
on the Baha Mar and Albany
projects, whose starts had pre-
viously been timed to coincide
with the winding down of work
at Atlantis.
Now, construction compa-
nies such as Cavalier and
Mosko are waiting breathless-
ly to see if the new Ingraham
administration will give the
final 'green light' to massive
investment projects signed by
its predecessor PLP govern-
ment.
The Central Bank's monthly
economic update for July said
"softened tourism performance
and private sector invest-
ments" were the factors likely


to have caused a "moderation"
in economic growth that
month, a conclusion likely to
increase fears that the FNM
government's review of all
major investment and public
works contracts is creating eco-
nomic uncertainty and stalling
growth.
"They should be ending the
process of reviewing what the
previous administration did
and be making some decisions.
In the case of Albany, it should
be a positive one." Mr
D'Aguilar said. "That deal to
me is a no-brainer. They
should definitely go ahead with
that one. I understand govern-
ment's reservations, but what
are you going to do in south-
western New Providence? It's
a great shot in the arm.
"For some reason, my gut is
that the Government is not
comfortable with that deal,"
he added of Baha Mar's pro-
posed $2.4 billion Cable Beach
revamp. Yet the Chamber
president said the billionaire
Izmirlian family, the principal
financiers and shareholders in
Baha Mar, were likely to prove
far better investors for the
Bahamas than the Wyndham
and Nassau Beach Hotels' pre-
vious owner. Philip Ruffin.


Economic growth


'slowdown'


"Cable Beach clearly needs
something, clearly needs devel-
opment. The lzmirlians are an
affluent family, residents here
in the Bahamas. and not like
Ruffin who managed his coin-
panies from afar." Mr
D'Aguilar said.
"The lzmirlians are here to
stay and have set up roots. It's
obvious that with hoth the
investors Joe Lewis in
Albany, and the lzmirlians in
Baha Mar their focus is here
and they are willing to make
a contribution. I think they
would be good investors for
the Bahamas."
Although Mr D'Aguilar said
the Government was likely to
be worried about the amount
of land being conceded to
Baha Mar fbr its project, he
added: "A deal needs to he
done on Cable Beach. and I
don't think the Government
has the time to renegotiate and
find a new investor.'
The z1mirlians, he added.
had promised to invest $400
million of their own equity
money into the project, s "how
much more demonstration do
you want to receive that
they're committed?".
Mr D'Aguilar pointed out
that with 4.000-5,000 graduates
leaving high school every year,
and a significant percentage
going into the workforce. "you
need to create economic activ-
ity: you need to create jobs".
Although many Bahamian
companies remained in a 'wait
and see' mode. Mr D'Aguilar
said many businesses, including
his own, were doing well,
Superwash having shown 5 per
cent sales growth year-over-
year.
"The economy is good, busi-
nesses are doing all right, but
there is nothing significant on
the horizon to cause anybody
to be unnecessarily jubilant,"


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1 I I \'


Ii.


-ears


Mr D Aguilar told 1" lie 1-I
bune.
"If we get Albany. Baha
Mar or both going, it could
change the mood of the econ-
omy for the next five years and
set us on a growth path."
The developers of the $1 3
billion Albany Golf & Beach
Club signed a Heads of Agree-
ment with the former Christie
administration on November
9, 2006, and the Ingraham
administration is understood
to have communicated to the
developers that it will honour
that contract.
However, the Governmenl
has delayed giving Albany the
final nod, instead holding a
series of Town Meetings to
give concerned Bahamians the
chance to voice their concerns
over the development, espc
cially the re-routing of the
southwest Bay Street road and
beach access for Bahamians.
It is also understood that Mr
Ingraham himself is not keen
on approving any more 'gated
communities', which, as a pri-
vate members club. is effec
tively what Albany will be.
On the Baha Mar front, the
new government has been left
to pick up the pieces by the
former PLP administration.
which failed to conclude talks
on a supplemental Heads of
Agreement with the develop
ers by the March 1, 2007 dead
line. The developers are look
ing for an increase in invest
ment incentives in proportion
to the project's costs. which
have risen from $1 billion t1
$2.4 billion.
Mr D'Aguilar, meanwhile.
said he was "a little worried"
about the decline this year in
the Bahamas' tourism num-
bers, although his business and
others had not yet witnessed a
decline activity resulting from
any 'trickle down' effect.


DELTEC BANK &

TRUST LIMITED


Invites applications for the position of



OPERATIONS SECURITIES

ADMINISTRATOR


Responsibilities will include (but are not limited to):.

* Trade processing, settlements and payments
* Cash, broker and securities reconciliations
* Corporate actions, processing, follow up and investigations

The successful candidate should have:.

* Minimum of Bachelors in Accounting, Banking or Finance
* Series 7 certification
* At least three years back office experience in trade
processing, settlement and broker reconciliations and
corporate actions

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

Interested persons may submit resumes to the

Human Resources Manager either by email to
anh@deltecbank.com or by fax to 362-4623.

Only applicants with the above
qualifications will be contacted.


'II


~~~~~U"~ "' wrr~,,-r, u,--


THE TRIBUNE


PAGE 4B, MONDAY, SEPTEMBER 10, 2007


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THE TIBUN MONAY, EPTEMER 1, 207,IPGES5


Government urged to




provide vendors with




land for Straw Market


9 By NEIL HARTNELL
Tribune Business Editor
T he Government has
been urged to pro-
vide a downtown
Nassau site and sign
its ownership over to the Straw


Market vendors for $1 in fee
simple possession, a Nassau
Institute study arguing that the
vendors be left to finance con-
struction of their own building
and that spending public
monies on such a project was
not the best use of taxpayer


ta


funds.
The economic think-tank,
which commissioned a study
on the Straw Market, said the
$23 million that the former
PLP government had consid-
ered spending on constructing a
new Straw Market was not the
best use of public funds given
the pressing needs of the
healthcare, education and judi-
cial systems.
The study said: "The entre-
preneurial skills of the vendors
are unquestionable, and many
of them are successful in their
own right. However, one has
to consider that their opera-
tions are subsidized by the
Government and these bene-
fits are not provided to all
retailers serving the tourist
market.
"Selling 'knockoff' products
and copied videos is illegal in
most countries. We should ask
ourselves if tax dollars should
be used to support this activi-
ty."
And the Nassau Institute
study added: "The profit
motive is obviously a strong
incentive for the vendors, as it
should be.
This is the same reason all
entrepreneurs go into business.
However, subsidising the sale
of cheap imported souvenirs
does not seem to be a good use
for tax dollars.
"Should the country use pre-
mier income-generating prop-
erty for government to build a
complex for 605 vendors who
reportedly do not pay their rent
at the expense of other busi-
ness people and tax-paying
Bahamians?"
Instead, the Nassau Institute
suggested: "Successive govern-


ments have put themselves in a
difficult position. Having sub-
sidised the vendors at the
expense of all other Bahamian
taxpayers, the vendors now
believe they are entitled to it.
"The vendors are good at
making money and should use
this expertise to build and man-
age their own complex and get
out from under the thumb of
government dependency. If
government should provide
premises for anyone it should
be for legitimate Bahamian
straw and craft vendors and no
one else.
"Government [should] pro-
vide a site near downtown if
possible and sign the title of
the property over to a legiti-
mate vendor association for $1
fee simple, then wash their
hands of being a supporter of
successful business people. This
might assuage the conscience
of those politicians that wish
to maintain a nanny state.
"The vendors can work to
promote their market in the
same way that the vendors at
Arawak Cay do. If the straw
market is the attraction for
tourists that the vendors and
others purport, they should
have no trouble finding cus-
tomers."
The Nassau Institute study
found that 50 per cent of the
Bay Street Straw Market stalls
surveyed sold no Bahamian-
made products.
A "non-scientific but care-
ful" survey 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.


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The American Embassy in Nassau, The Bahamas has a re-
quirement for a qualified contracting firm to provide labour, equipment, and
materials to remove one existing steel underground storage tank (UST) and
install one new double wall fiberglass or double wall fiberglass reinforced
plastic (FRP) jacketed steel tank (for example Glasteel, Plasteel, Permatank
or equivalent). This construction effort is estimated at between $100,000
and $250,000 as per FAR 36.204 and needs to be completed no later than
December 31, 2007 in Nassau, The Bahamas. The new UST shall be ap-
proximately 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.

All firms who respond to the solicitation must be technically qualified and
financially responsible to perform the work. At a minimum, cach 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 firm is interested in competing for this requirement, please provide a
written 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
nelsonlda w state. gov.
Wwwo m


Commonwealth Bank
Sponsors 3rd Annual Cancer Society
"Stride For Life" Fun Walk


C c.. '_" 0 NWEALTH BANK



.












Picture left to right- Ms. Gloria Hanna- The Cancer Society of The Bahamas Living Beyond
Cancer Support Group Coordinator, Ms. Tanya Astwood. Assistant Manager of Human
Resources, Commonwealth Bank and Ms. Delores Joseph, Support Group Member.

Commonwealth Bank is once again pleased to sponsor the 3rd Annual
Cancer Society "Stride for Life" Fun Walk scheduled to be held on
September 29, 2007 at 6am.

The Bank reaffirms its commitment to providing superior Banking service
to the Bahamian public We also see the value in being a part of this
venture which serves to improve the quality of life for Bahamians. We
commend the Society for its continued support to Bahamians especially
those faced with the challenge of conquering this deadly disease. We
certainly realize the importance of bringing public awareness to the
disease and educating individuals about preventative measures that can lead
to cancer-free lives.

The Cancer Society would like to thank Commonwealth Bank for donating
monetary funds to assist with the Walk.

This Awareness Walk is to continue sending the message to the public that there
is hope, healing and life after being diagnosed with cancer. The Walk will have
participants who are survivors, person walking in memory of loved ones and
persons who wish to support the Society. Exciting Prizes will be given out!

The Cancer Society is committed to being of service to cancer patients and their
families; educating the public about cancer so that it may be prevented, diagnosed
and treated in its early stages.


INSI'GHT


Fop the slople!

behind the news,

fead.InsigN.

Nondays .


MONDAY, SEPTEMBER 10, 2007, PAGE 5B


THE TRIBUNE















'No government intervention'





on developer bond safeguards


FROM page 1

Family Island projects, and the
people don't seem to have the
money to pay them. There's


INSGH


no effective recourse. That's
one of the things we request-
ed," Mr Wrinkle said.
However, he added that Mr
Ingraham and his officials said
the Government was reluctant
to become involved in perfor-
mance bond issues, feeling
there were a private sector
issue.
Mr Wrinkle said the Gov-
ernment's main focus, when it
came to foreign direct invest-
ment projects, was to extract
the maximum amount of ben-
efits/concessions possible from
the investors and the wider
good of the Bahamian econo-
my.
"They said they were reluc-
tant to get involved in discus-
sions between the private sec-
tor and the developers," Mr
Wrinkle said.


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


Meanwhile, the Government
and BCA did agree that David
Davis, director of investments
in the Office of the Prime Min-
ister, would act as a liaison to
put Bahamian contractors in
touch with investors to ensure
they had a fair chance to bid
on construction contracts.
Mr Wrinkle said Mr Davis
and his office would provide
the BCA and its members with
contact names and numbers
for upcoming investment pro-
jects, plus an introduction ref-
erence, "so we can contact the
developer".
"If we don't know who to go
to, how do we submit bids, get
on the bidding list and engage
in dialogue," Mr Wrinkle
asked. "And if they don't
know we're here, they're not
going to look for us. It's an
uphill battle from the get go.
We've got to ensure our peo-
ple get a shot at this.
"In instances where Bahami-
ans are not qualified for the
whole scope of the work, then
they can look for the joint ven-
ture."
Mr Wrinkle added that the
Prime Minister was supportive


of the proposed Contractors
Bill, which would regulate the
Bahamian construction indus-
try, and the BCA's efforts to
get it on the statute book.
"We talked about the legis-
lation, which is the Contrac-
tors Bill," the BCA president
added. "He was very receptive
and supportive of anything that
would address deficiencies in
work and unscrupulous con-
tractors, particularly as regards
homes built for the Bahamian
consumer.
"At the moment, the legis-
lation is in the Attorney Gen-
eral's Office. He [the Prime
Minister] encouraged us to
work with the Ministry of
Works. We're in the process
of setting up a meeting with
Earl Deveaux now, and Earl
Deveaux will be the direct link
to the BCA and the legisla-
tion."
Mr Wrinkle said of the pro-
posed Contractors Bill: "It
seeks to licence, regulate and
control the construction indus-
try in the Bahamas, and pro-
tect the consumer against
unscrupulous contractors, and
contractors against unscrupu-


lous employers."
The Bill, as currently draft-
ed, would require all Bahami-
an contractors seeking and
contracting for work with the
public to be licensed and pos-
sess a valid licence, safeguard-
ing residents and businesses
from disreputable, unqualified
companies who may perform
shoddy workmanship.
Consumers would be pro-
vided with an avenue of
recourse, and the Bill proposes
to create three tiers for licens-
ing small, medium and large
contractors.
There will also be specialised
licences for the likes of elec-
tricians and plumbers, and the
system in the Bill's existing
draft is designed to give con-
tractors leverage based on the
size, scale and complexity of
buildings and structures they
previously constructed.
"We have to stay focused on
the legislation. It covers all
these areas. In the legislation
you will have to have a licence
to get a contract," Mr Wrinkle
said.
"It will stop people building
who shouldn't be building. It
will also protect the Bahamian
contractor, because the foreign
contractor will be unable to get
a licence, and will then be
unable to get a permit."
To protect Bahamian con-
tractors from foreign rivals, or
those fronted by Bahamians,
the Business Licence Act was
amended to require overseas
firms operating in the Bahamas
to pay 1 per cent of the value
of each contract to the Gov-
ernment prior to the job's com-
pletion.
Yet while Bahamian con-
tractors only have to pay 0.5
per cent of the value of each
contract to the Government,
and do this after work is fin-
ished, Mr Wrinkle said there


was no way to monitor its
effectiveness.
Foreign contractors can bor-
row at 3 per cent interest rates,
compared to 8-9 per cent inter-
est rates in the Bahamas, and
also find it easier to obtain per-
formance bonds. Currently,
most Bahamian contractors'
main avenue to obtaining per-
formance bonds is with
Munich Re, via Star General.
Mr Wrinkle said that
through a valid licensing sys-
tem, the BCA could help its
members obtain performance
bonds much easier, as the
insurance firm underwriting
the financing would have more
assurance that the contractor in
question could perform in the
area they said they could.
"The bonder may know the
contractor, but there's no leg-
islative format to signal you're
capable and confident," Mr
Wrinkle said.
The BCA president said the
Prime Minister appreciated the
construction industry's 'trickle
down' benefits for the Bahami-
an economy, both directly and
indirectly.
Mr Wrinkle said the job
Cavalier Construction had
done for Kerzner Internation-
al in building the $60 million
Atlantis convention centre
"sets the bar quite high for
Bahamian contractors".
He added: "The BCA is very
appreciative that Kerzner's
Phase III development broke
out the contracts in such a
manner and scope that
Bahamian contractors did
qualify for them.
"Many, many Bahamian
contractors, sub-contractors
and professionals were able to
participate in that project. It
was on time, on budget and a
tremendous success. It bene-
fited the industry enormous-
ly."


Credit Suisse (Bahamas) Limited
is presently considering applications for

Senior Accountant
Credit Suisse is one of the world's premier private banks. It is setting new
standards that go beyond traditional banking services. Our dedicated and highly
qualified staff provides our clientele with comprehensive solutions in individual
investment counseling and professional portfolio management. Our total
commitment is always to our clients and we.focus without compromise on their
financial well-being and their personal values.

The position is open to candidates with the following minimum requirements:

Main tasks:
* Preparing the financial statements for the Wealth Management business of
the bank
* MIS (Management Information System) reporting
* Assisting, in the preparing of reports for Senior management
* Assisting in ensuring that all Balance Sheet accounts are substantiated
* Assist with the preparation of Regulatory reports
* Assist with Local Group accounting issues and projects
* Identify potential risks and suggest improvements regarding controls,
systems in use and business management
* Work with senior business management to prioritize initiatives
* Support implementation of standard software supplements

Requirements:
* A minimum of five (5) years experience with an offshore bank, trust
company or accounting firm
* CPA, CA or equivalent
* University degree
* Knowledge of US GAAP would be an asset
* Good IT skills; familiar with Accounting and IT infrastructure basics

Personal Qualities:
* A commitment to service excellence
* Ability to work under pressure and with minimum supervision
* Good organizational and interpersonal skills
* Ability to work independently
* Effective communicator and hands-on and proactive approach
* Strong analytical and organisational skills and good sense of control

Benefits provided include:
* Competitive salary and benefits

APPLICATIONS MUST BE IN WRITING. Persons not meeting the minimum
requirements need not apply.

Applications should be submitted to:
Human Resources Department
P.O. Box N-4928
Nassau, Bahamas
DEADLINE FOR RECEIPT OF APPLICATIONS IS SEPTEMBER 14, 2007


CREDIT SUISSE


" \\ l It I '. \ .\ t I, %.l ,, i.[ %I. i in 1li l l
,1i I H I "C I .I l t 1 1 l I Ilt iI ., L I IIIi I Ii
T-li' TribLnui is our iniiinbc'r ole choice.
The Tribune is our newspaper."
RYAN WILLIAMS, TROY SAMPSON,
and RENEA BURROWS
APPROVED LENDING SERVICES


~.. ~


READ THE
BUSINESS
SECTION
MONDAY TO FRIDAY


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.


The Tribune
/yl' /


I "'


THE TRIBUNE


PAGE 6B, MONDAY, SEPTEMBER 10, 2007


. .


a








MONDAY, SEPTEMBER 10, 2007, PAGE 713


THE TRIBUNE


Fiscal deficit up 17.7 per cent over 05-06


* By NEIL HARTNELL
Tribune Business Editor

THE fiscal deficit for the first
I 11 months of the Government's
just-closed 2006-2007 financial
year was 17.7 per cent or $15.7
million higher than the com-
parative period for the previ-
ous year, standing at $104.4 mil-
lion, as public spending out-
paced revenue growth.
The Central Bank of the
Bahamas report on monthly
economic developments for July
2007, apart from warning that
there were signs economic
growth was slowing down as a
result oif a softened tourism


performance and reduced pri-
vate scetor activity pointed out
that government spending in
the 11 months to May 2007 had
risen by 12.6 per cent year-over-
year, while revenues had risen
by 12.1 per cent.
The Central Bank said spend-
ing increases were "broadly-
based", while revenue growth
had been driven by interna-
tional trade taxes, stamp duties
and property taxes.
Yet the data again indicates
the Government cannot control
public spending, with recurrent
spending on fixed costs some
9.25 per cent ahead of the pre-
vious year at $1.16 billion, com-


pared to $1.022 billion.
Capital spending on infra-
structure projects stood at $132
million, some 31.19 per cent
ahead of the previous year's
$100.6 million..
Import duties stood at $447.5
million, a 6.47 per cent increase
upon 2005-2006's $1.21 billion.
While the economic outlook
for the 2007 second half was
"relatively stable", the Central
Bank attributing this to con-
sumer spending and construc-
tion activity, it warned that sum-
mer demand for foreign cur-
rency to fund vacations would
produce the traditional cyclical
downturn in the Bahamas' for-


eign reserves.
In addition, the weakening
US economy, fall-out on con-
sumer confidence from the US
'sub-prime' housing and mort-
gage crisis, and rising fuel prices
were all "downside risks" for
the Bahamian economy.
The Central Bank pointed
out that total tourist arrivals to
the Bahamas fell by 6.5 per cent
to 2.4 million for the half-year
to June 2007, with air and sea
arrivals off 7 per cent and 6.3
per cent respectively.
Grand Bahama saw a 12 per
cent visitor downturn to 0.33
million, with arrivals to New
Providence down 5.4 per cent


to 1.43 million and by 6.1 per
cent to 0.67 million on the Fam-
lly Islands.
Inflation for the 12 months
to June 2007 rose to 2.43 per
cent, reflecting the impact from
higher fuel prices. Food and
beverage costs were up 4.18 per
cent, while recreation and enter-
tainment services prices rose
3.21 per cent.
On the monetary front, the
Bahamas' external reserves
declined by $56.7 million during
July 2007, an increase that was
more than double the $22.3 mil-
lion experienced in 2006.
For the year to July 2007,
Bahamian dollar credit expan-


sion reduced by 4.1.7 pIr ci e
to $245.7 milli n l ilh !';i i
mnortgigcs imot I,,hn t li
down 24.1 i,'. cit ni I ; r
cent co inpi i .I f ) atives at $ 51.3 5 n ili .
$98.6 million m sp| ,li i\
Increase d toicin Lni n i T
inflovws i11d theI! shl(,v : t i, il
expansion tn il U! 11 n
excess Ires" lv s I
$119.3 million lo ,5 i iil,,
in the first sc\ nintl ,
2007, compaired toi[ u Ii( ,,ui
year's $14.8 ill, i ci I ii
Excess I1q .dJ ;., a cl iln li
B iih iIII I iiti L InInLoi. uaiil m ul ,,l 'i
system 0 rose IV $2.i In ,llt ii I.
$243.2 million


Fisheries monitors lionsfish


impact on commercial sector


* By CARA BRENNEN-
BETHEL
Tribune Business
Reporter

THE Department of Marine
Resources is monitoring the
increased presence of the
predatory lionfish and any
negative impact it may have on
the commercial fishing indus-
try.
The department's director,
Michael Braynen, told Tribune
Business that while it was not
aware of any disruption to
commercial fishing, it was mon-
itoring the situation closely to
determine any impact it could
have on the ecology of
Bahamian waters.
"I know that some divers
have found lionfish in and near
the crawfish habitats," he said.
Mr Braynen explained that
at the moment, the depart-
ment's scientists were examin-
ing the stomach contents of
lionfish to determine their
feeding habits. "We don't know
what they are eating, but what-
ever it is it is someone's else
food, so it's still a matter of
concern," said Mr Braynen.
He added that it was unlike-
ly that the lionfish will simply
disappear from Bahamian
waters.
"We are looking at the num-
bers to see whether they get
bigger or come down to stable.
What we are hoping is that
they become just another fish
and do not dominate the
water," he added.


While lionfish are not known
to attack humans, they use
their spines as defensive
weapons, which can cause an
intense throbbing pain that can
last for several hours.
So far, no human deaths
have been attributed to the
lionfish, though they are known
as voracious predators. They
use their large fins to corner
prey, then strike quickly to
swallow other fish whole.
Lionfish are recognisable by
their long spines and also by


their stripes, which come in a
variety of colours red, brown,
yellow, black, white or orange.
Though native to the Indo-
Pacific region, various species
have now spread worldwide,
and have often been seen along
the eastern coast of the United
States and in the Caribbean.
It is believed that the grow-,
ing numbers of lionfish in and
around the Bahamas could
have been caused by specimens
being improperly released from
private tanks in Florida.


Bahamians for the following positions :
LEGAL COUNSEL
Minimum 5 years Call to The Bahamas BI L
Mtninimxn 3 years emperi D in the3 c-r-pc-ate servicErs x=i-rt i t-
or the Trust Drafting Departinent of a reputl Excellent communications skills
-Compiter- literate
Fluency in Spanish desirable
A TEP qualification is desirable
Must be highly motivated and focused
Travelling may be required

PARA LEGAL

IL..- B. c-gr -5 c 3- 5 y3ar- --O in Oaps-a-t-e .t- ft iL w fIII
-Ccmpater- literate
Excellent communications skills
Must be highly motivated and a team pl-aye~
-Fluency in Spanish desirable
CORPORATE SECRETARY

Minimum 5 years Call to the Bar
Excellent communications skills
Computer literate
Fluency in Spanish essential
Must be highly motivated and focitc-i- ,' I
TrDavetl may be required
Salary arbd iothex- beraE-fits will be Cami-crate with qulificaticr
and experience -
A- -Astin s rnw tm ,-wth aai._ i e---ati x x-riexpeiE" .h i I
be faxed or mailed by September 20, 2005 to,:
Huamarn Res sources Manaqger
Santander- Bank & Tr-iAst L td.
P. o. Box N 1682
Fax: 502 7955

i -


PLACE


PART A
NEW PROVIDENCE

ESSO


Ministry of Lands and Local Government
THE PRICE CONTROL ACT, 1971
CHAPTER 339
THE PRICE CONTROL (GASOLINE & DIESEL OIL)
(AMENDMENT) ( ) REGULATIONS, 2002

The public is advised that prices as shown in the Schedule for LEAD FREE
GASOLINE & DIESEL OIL sold by ESSO and FOCOL will become effective on
Monday, September 10, 2007.

GASOLINE SCHEDULE


ARTICLE


MAXIMUM WHOLESALE SELLING PRICE PER U.S.I
GALLON


MAXIMUM SUPPLIERS'
PRICE
$


-i iI


LEAD FREE

DIESEL OIL


INCLUDING. SEA


3.90
3.39


MAXIMUM
DISTRIBUTORS'
PRICE
S


(O585


MAXIMUM R tIL
SELLING PRICE PER
U.. GALL ON


FREIGHT T

3,90

3.39


PART
FREEPORT INCLUDING SEA FREIGI

FREEPORT OIL LEAD FREE 3.72 3
COMPANY LIMITED
DIESEL01L 3,40 340
PAo t o


GRAND BAHAMA
(NOTFREEPORT)

ESSO



PART
ABACO, ANDROS
ELEUTHERA

ESSO


PART
ALL OTHER
FAMILY ISLAND

ESSO


LEAD FREE

DIESEL OIL


LEAD FREE

DIESELOIL


LEAD FREE

DIESEL


INCLUDING


3.80
3.27


SEA FREI G I'


3.98

3.43


NOT INCLUDING SEA


3.90

3A40


FR I ( HI


413

3,56


NOT INCLUDING SEA


FREIGHT


3.91

3.41


Creswell Sturrup
(Actg.) PERMANENT SECRETARY


II l l,


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


GN-581










Ministry Of Health & Social Development
Department Of Environmental Health Services


GOVERNMENT NOTICE

Invitation for Tenders

The Government of The Bahamas is inviting tenders for the Solid Waste
Collection Service Contract for New Providence.

Interested parties may obtain further information, including eligibility to
participate and may collect the bidding documents upon payment of a non-
refundable fee of $100.00, as of Monday, September 10th, 2007.

The Department of Environment Health Services
Accounts Division
Farrington Road
Nassau, Bahamas

Telephone No: (242) 322-8037, Facsimile No: (242) 322-8073
Between the hours of 9:00am and 5:00pm, Monday to Friday.

The method of payment will be certified cheques or cash. Tenders are to
be submitted in triplicate (3) in a sealed envelope(s) addressed to:

The Tenders Board
c/o The Financial Secretary
Ministry of Finance and Planning
Cecil V. Wallace Whitfield Centre
P.O. Box N-3017.
Nassau, N.P., Bahamas

No later than 4:30pm on the 8th day of October 2007.

Tenders will be opened at 10am on 9th, October, 2007 at the office of the
Tenders Board, Ministry of Finance and Planning.


The Government reserves the right to reject any or all Tenders.


__


I









PAE BMODABEPEMER10N207THSTIBN


Royal Bank


open


of Canada to


Carmichael branch


I HEATH
-- I BANK & TRUSTLIMITED

COMPLIANCE OFFICER

We are looking for a Compliance Officer who will be
responsible for ensuring that the Compliance function at
our bank is in accordance with regulatory guidelines.

The successful applicant will:

Have several years of relevant experience as a
compliance officer and a good understanding of
Bahamain and international compliance requirements.
Be the principal contact for our bank with all
regulators.
Be able to develop and maintain compliance policies
and procedures.
Be computer literate
Be able to work effectively with other staff members

We offer an attractive work environment and a
competitive compensation package.

Submit resume and salary requirements in confidence
to: MMorris@HealthBank.com


Legal Notice
NOTICE

WHITE PATAGONIA LTD.

(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
8th day of August, 2007. The Liquidator is Argosa
Corp. Inc., P.O.Box N-7757 Nassau, Bahamas.




ARGOSA CORP. INC.
(Liquidator)







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 two 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 at the High School
office on Shirley Street and be returned with a
full curriculum vitac, i'ccint col(in.cd photograph
and three references to:

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


* By CARA BRENNEN-
BETHEL
Tribune Business
Reporter
Royal Bank of
Canada is aiming
to take advantage
of the explosive
population growth in southern
New Providence with today's


opening of its newest branch
in the Carmichael Road area.
The new branch is located
on the corner of Carmichael
Road and Turtle Drive, and
will eventually become the
bank's largest branch, housing
both RBC Royal Bank and
RBC FINCO, its BISX-listed
mortgage lending arm.
"The Carmichael Road area


Legal Notice
NOTICE

FLEXIVEST CO. INVESTMENTS LIMITED

(In Voluntary Liquidation)

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




ARGOSA CORP. INC.
(Liquidator)



Legal Notice
NOTICE


COMPAGNE DES INDES LTD.
In(Voluitrv Liquidation

Notice is hereby given that in accordance with Section 138
(4) of the International Business Companies Act, 2000,
COMPAGNE DES INDES LTD. is in dissolution as
of August 30, 2007.

International Liquidator Sei ices Inc situated at L5,\
Regent Street, PO. Box 1777 Heliche (C'i, elize is the
Liquidator.


LIQUIDATOR



NOTICE


OF

SANTORINI INVESTMENTS LIMITED

Notice is hereby given that liquidation of the above
company commenced on the 07th day of September,
2007. Credit Suisse Trust Limited of Bahamas
Financial Centre, Shirley & Charlotte Streets, Nassau,
The Bahamas has been appointed Liquidator of the
Company.


Legal Notice
NOTICE

ALLANBROOKE INVESTMENTS PTE. LTD.

(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
29th day of August 2007. The Liquidator is Argosa
Corp. Inc., RO.Box N-7757 Nassau, Bahamas


ARGOSA CORP. INC.
(Liquidator)


has enjoyed significant resi-
dential and economic growth
over the years. RBC wants to
grow with this community, pro-
viding convenient and easy
banking services, helping all
Bahamians to succeed. The
branch is a temporary location,
pending the construction of a
permanent location next year,"
RBC said.
The objective of the shared
location is to create a 'one-stop
shop' banking centre to better
serve and meet the needs of
both banks' clientele. The
Carmichael Road branch will
offer customers a range of


mortgage products and finan-
cial services.
When completed towards the
end of next year, the new flag-
ship branch will be three
storeys high, totalling 40,000
square feet and will include
ample parking and easy acces-
sibility.
"The temporary branch will
move to the new premises and
become RBC's largest branch
in its retail network in The
Bahamas.
"Several of the bank's back-
ground units located else where
will also be relocated to this
new building," RBC said.


Legal Notice
NOTICE

MAXIGROWTH INVESTMENTS LIMITED

(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 25th day of July, 2007. The Liquidator is Argosa
Corp. Inc., P.O.Box N-7757 Nassau, Bahamas.




ARGOSA CORP. INC.
(Liquidator)



Legal Notice
NOTICE












CASTLELAND DREAMS LTD.

(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
21st day of August, 2007. The Liquidator is Argosa
Corp. Inc., PO.Box N-7757 Nassau, Bahamas.




ARGOSA CORP. INC.
(Liquidator)
Legal Notice











NOTICE

LINKMIRE INVESTMENTS PTE. LTD.

(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 12th day of July, 2007. The Liquidator is Argosa
Corp. Inc., RO.Box N-7757 Nassau, Bahamas.
Corp. Inc., P.O.Box N-7757 Nassau, Bahamas.


ARGOSA CORP. INC.
(Liquidator)


I I


Credit Suisse Trust Limited
Liquidator


THE TRIBUNE


I


*


THE TRIBUNE
i i


PAGE 8B, MONDAY, SEPTEMBER 10, 2007









THE TRIBUNE


iviO[ii-i, I L' tivit-R 10, 2007, PAGE 9B


The Bahamian Stock Market a a 4

FINDEX 847.72 YTD 14.23%

BSX CLOSING CHANGE VOLUME YTD PRICE


SYMBOL PRICE


AML
BAB
BBL
BOB
BPF
BSL
BWL
CAB
CBL
CHL
CIB
CWCB
DHS
FAM
FCC
FCL
FIN
ICD
JSJ
PRE


$1.60
$1.62
$0.85
$9.50
$11.70
$14.60
$3.74
$10.80
$15.28
$3.10
$14.65
$5.91
$5.91
$6.05
$0.70
$6.02
$12.77
$7.25
$10.01
$10.00


$0.06

$-0.23
$-23
$-0
$-
$-
$-
$-
$0.06
$-
$-
$-0.23
$-0.23
$-
$-
$-0.03
$-
$-
$-
$-


15283
0
0
1200
0
0
0
0
51780
50000
3800
0
0
0
0
4671
700
0
400
0


CHANGE

162.30%
29.60%
11.84%
18.31%
3.54%
0.00%
113.71%
8.00%
22.14%
63.16%
3.53%
12.79%
12.79%
4.49%
27.27%
-52.03%
6.24%
1.40%
16.40%
0.00%


DIVIDEND/AGM NOTES:

FINCO has declared dividends of $0.13 per share, payable
on September 11, 2007, to all shareholders of record date
September 4, 2007.

CBL has declared dividends of $0.12 per share, payable on
September 28, 2007, to all shareholders of record date Sep-
tember 14,2007.

Consolidated Water Company has declared dividends of
$0.013 per BDR, payable on November 7, 2007, to all share-
holders of record date September 30, 2007.

RND will hold its Annual General Meeting on September
12,2007, at 6pm at the British Colonial Hilton, Number One,
Bay Street, Nassau, Bahamas.


* By Fidelity Capital
Markets

t was another active
trading week in the
Bahamian market as
127,834 shares changed
hands. The market saw eight
out of its 19 listed stocks trade,
of which one advanced, one
declined and six remained
unchanged.
Volume leader for the week
was Commonwealth Bank
(CBL) with 51,780 shares
changing hands and account-
ing for 40.5 per cent of the total
shares traded. CBL was also
the big advancer for the week,
increasing by $0.06 or 0.39 per
cent to close at a new 52-week
high of $15.28.
On the down side, Focol
Holdings lost $0.03 or 0.50 per
cent to close at $6.02.
The FINDEX gained 0.19
points during the week to close
at 847.72.

COMPANY NEWS
Commonwealth Bank
Limited (CBL) -
CBL announced a three-for-
one split of its ordinary com-
mon shares this week. The
CBL chairman indicated that
the decision, which has been
approved by the bank's Board
of Directors, is pending


approval from its sharehold-
ers.
An extraordinary meeting of
the bank's shareholders is
scheduled for October 17,
2007. The stock split would
result in an increase in the
number of issued shares from
75 million to 225 million, and a
reduction in share price from
the current $15 range to a $5
range.
The Bank's chairman indi-
cated that the move to split the
shares is to allow the stock to
be more accessible to Bahami-
an investors, and to stimulate
greater trading volumes and
liquidity in the stock.


In related news, CBL has
declared dividends of $0.12 per
share, payable on September
28,2007, to all shareholders of
record at September 14, 2007.

Abaco Markets Ltd (AML)
- For the 2007 second quar-
ter, AML posted a net profit of
$510,000 ($0.03 per share)
compared to a loss of $973,000
for the same period last year.
A
ML's management has cited
increased sales volumes
through improved buying prac-
tices and a reduction in inven-
tory shrinkage as the key rea-
sons for the turnaround in the


company's results.
Total sales were'$21.9 rn.-
lion for the quarter compared
to $19.4 million for the same
period last ycar, an increase of
$2.5 million while cost of sales
were up by only $1 million over
the comparative period
amount to total $15.2 million
TQtal assets as at July 31,
2007, were $26.3 million, a
decline of $2.9 million when
compared to year-end 2007.
Total liabilities moved from
$21.6 million at year-end to
$17.4 million at the end of the
second quarter, as the compa-
ny continued its divestment
process.


It's time to


LIVE YOUR DREAMS!


To help with:

* Retirment


Capri's



Grand's



Bahama



casino


FROM page 1


Isle-Our Lucaya's gross oper-
ating loss stood at $59,000, a
$12,000 depreciation gain
improving the net operating
loss slightly.,
Isle of Capri had been due to
exit Grand Bahama, the casino
never having been profitable
and produced consistent losses,
since the dasno operator came
to the island in 2003.
However, a new agreement
thrashed out with the Govern-
ment and its landlord, Hutchi-
son Whampoa, owner of the
Our Lucaya resort, saw it
reverse that'decision.
The major components.of
that agreement were that the
Government agreed to write-
off some $6.9 million out of
$10 million it was owed by Isle-
Our Lucaya in the form of casi-
no taxes, while the gaming win
tax rate faces by Isle of Capri
was cut from 17 per cent to 7.5
per cent.
This effectively means that
$6.9 million in gaming taxes
that should have been paid to
the Government were instead


recovered by Isle of Capri,
boosting its bottom line in
exchange for keeping the casi-
no operator in Freeport and
preserving the 230 jobs it pro-
vided for a struggling Grand
Bahama economy.
Isle of Capri said at the time:
"The fourth quarter of fiscal
year 2007 included $9.4 mil-
lion of reversed expense as a
result of the company coming
to an agreement with the
Bahamian government to keep
Isle-Our Lucaya open.
"As part of the new agree-
ment with the Bahamian gov-
ernment, the company
finalised the gaming tax rate
to be applied to the casino's
historical and future gaming


Growing company is seeking to employ:
Accounts Clerk
Customer Service Rep.
The candidates should posses/be:
Dependable, organized, discreet, enthusiastic and experienced administrative professional
Technologically literate incl. Microsoft Word, Excel, E-mail programs
Quickbooks & MYOB Account Edge, Book keeping experience (Required or Reg. for Acc Clerk)
Good organizational skills & meticulous record skills
Excellent oral and written communication skills
Self starter who can work independently & follow directions
Time conscious
Please email resume to offlce_asst~r yahoo.com



NOTICE

NOTICE is hereby given that HULMAN MICHEL OF
APPLE STREET, P.O. BOX CR-54802, NASSAU,
BAHAMAS, is applying to the Minister responsible for
Nationality and Citizenship, for registration/naturalization
as a citizen of The Bahamas, and that any person who
knows any reason why registration/ naturalization should
not be granted, should send a written and signed statement
of the facts within twenty-eight days from the 3RD 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 VIRGILIATIMOTHE MICHEL
OF APPLE STREET, P.O. BOX CR-54802, NASSAU,
BAHAMAS, is applying to the Minister responsible for
Nationality and Citizenship, for registration/naturalization
as a citizen of The Bahamas, and that any person who
knows any reason why registration/ naturalization should
not be granted, should send a written and signed statement
of the facts within twenty-eight days from the 3RD day of
September, 2007 to the Minister responsible for Nationality
and Citizenship, P.O.Box N-7147, Nassau, Bahamas.


revenues. This resulted in the
company reversing an expense
in the fourth quarter of fiscal
year 2007 of approximately
$6.9 million in previously
accrued gaming taxes.
"Also, the company agreed
with the Bahamian govern-
ment on payments related to a
marketing subsidy for the casi-
no. Under this agreement, the
company reversed a $1.5 mil-
lion reserve allowance it had
previously recorded against
this marketing subsidy receiv-
able.
"The net impact of these
transactions resulted in
approximately $9.4 million in
reversed expenses during fis-
cal year 2007, which was pri-
marily recognized in the Com-
pany's fourth quarter."


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starting with an initial

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Freeport 242-352-7200 Exuma 242-338-3035 Abaco 242-367-5601
SI N A N C I A L


MORTGAGES

MUTUAL FUNDS

LIFE INSURANCE

HEALTH INSURANCE


L-


ANNUITIES & PENSION PLANS


FINANCIAL PLANNING & INVESTMENTS


! G'ROW'


11.70
9.50
0.85
3.74
1.62
10.80
3.10
15.28
7.22
2.76
6.40
12.77
14.70
6.05
1.00
8.65.
10.01
10.00
9 .1.


11.00
7.50
0.70
1.50
1.20
9.40
1.80
11.25
4.70
2.20
5.54
11.51
13.69
5.18
0.54
7.10
8.52
10.00


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


7.7
13.0
17.7
13.4
25.3
11.4
11.0
12.8
52.8
8.2
7.5
16.2
14.6
16.6
N/M
17.6
10.6
8.6
PE


14.60 12.25 Banamas Supermarr.ets 14.60 15.60 1600 t 125 1 48a 13 9 10 1i.
10.14 6.00 Caribbean Crossings (Pref) 6.00 6.25 6.00 0.000 0.480 NM 7.80%
0.54 0.20 RND Holdlnas 0.35 0.40 0.20 -0.030 0.000 N/M 0.00%
: n..' .C 1o.t: rn.& -T Oi pno''ne ;v.:r ::e..,.a r .:e.ii..... ...' ~' : --'," .: ..
41 0'0 1 u0 ABDjB .1 C'00 4 3 0 41 00 4 450 2 750 90 c. 70"
14.60 14.00 Bahamas Supermarkets 14.60 15.50 14.00 1.125 1.485 12.6 10.17%
0 545 ; 40 RND H,,l.j;nqs 0 J-5 0 E 0 45 0 030 0 000 N'M 0 00'.
.. : Fu .:x nd. TD, Ls 12 ..:-,n: :;..5 D~ t i.e l. .2. .
52n.k-.Hi 5 k-LG, F_ ni Ma..,.J frA '.% r TO". Ley 12 M:.nrr.s DI,. _$ Ynieluh .


I 35 44
3.3402
2.7399
1.2652
11.6581


1 306-1
2.9449
2.4415
1.1886
11 1622


Coinal ri M.,r.ey r.lrhol Fu.-.-J
Fidelity Bahamas G & I Fund
Colina MSI Preferred Fund
Colina Bond Fund
Fidelity Prime Income Fund


LA A AR -AtE ,rau E i. ... ** . *...* I
52wk-HI Highest closing price In last 52 weeks
62wk-Low Lowest closing price In last 52 weeks
Previous Close Previous day's weighted price for daily volume
Today's Close Current day's weighted price for dally volume
Change Change In closing price from day to day
Dally Vol. Number of total shares traded today
DIV $ Dividends per share paid In the last 12 months
PIE Closing price divided by the last 12 month earnings
() 4-for-1 Stock Split Effective Dote 181/8/2007


1 354j-l7
3.3402"**
2.739935"
1.265223"**
11.6581*"
r.1.-.f-r tI TERf.15 IELD Ipel i. ; n .... d rice
Bid $ Buying price of Colina and Fidelity
Ask $ Selling price of Collna and fidelity
Last Price Last traded over-the-counter price I
Weekly Vol, Trading volume of the prior week
EPS $ A company's reported earnings par share for the lost 12 tnths
NAV Not An..t Value
NIM Not Meanlngful
FINDEX The Fidelity BAhamnos Stock Index. January 1. 1994 100


* 31 August 2007
" 30 June 2007
* 31 May 2007
.. 31 July 2007


International Markets

FOREX Rates
Weekly %Change

CAD$ 1.0550 -0.03
GBP 2.0285 0.58
EUR 1.3768 1.04


Commodities
Weekly %Change

Crude Oil $76.61 3.73
Gold $703.20 4.15


International Stock Market Indexes:

Weekly %Change

DJIA 13,113.38 -1.83
S & P 500 1,453.55 -1.39
NASDAQ 2,565.70 -1.18
Nikkei 16,122.16 -2.70


11.70 11.70 0.00 1.527 0.400
9.50 9.50 0.00 1.200 0.733 0.260
0.85 0.85 0.00 0.048 0.020
3.74 3.74 0.00 0.279 0.060
1.62 1.62 0.00 0.064 0.040
10.80 10.80 0.00 0.949 0.240
3.10 3.10 0.00 1.000 0.281 0.080
15.24 15.28 0.04 10.940 1.190 0.680
5.90 5.90 0.00 0.112 0.050
2.31 2.31 0.00 0.281 0.000
6.05 6.05 0.00 0.804 0.240
12.77 12.77 0.00 250 0.787 0.570
14.65 14.65 0.00 800 0.977 0.470
6.02 6.03 0.01 2.807 0.364 0.133
0.70 0.70 0.00 -0.415 0.000
7.25 7.25 0.00 0.411 0.200
10.01 10.01 0.00 400 0.946 0.580
10.00 10.00 0.00 1.167 0.600
Bid I, Ask I Lasl Price WVeeKly Vol EPS S Drn $S


3.42%
2.74%
2.35%
1.60%
2.47%
2.22%
2.58%
4.45%
0.85%
0.00%
3.97%
4.46%
3.21%
2.20%
0.00%
2.76%
5.79%
6.00%
Yield


'. -'-.' ,OTRAE CALL: COUNA242-502-7010 /-FIDELrITY


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PAGE 10B, MONDAY SEPTEMBER 10, 2007


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