The Tribune.
Full Citation
Permanent Link: http://ufdc.ufl.edu/UF00084249/03005
 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: 10/5/2007
Genre: newspaper   ( sobekcm )
Spatial Coverage: Bahamas
General Note: Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.
 Record Information
Source Institution: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: oclc - 09994850
oclc - 9994850
sobekcm - UF00084249_03005
System ID: UF00084249:03005

Full Text

CANCER ovinIt.









Defence Force hunts

for Dominican vessel

Tribune Staff Reporter
THE Defence Force is cur-
rently hunting a Dominican
fishing vessel that is reported
to have fired on Bahamian fish-
ermen after they attempted to
stop the foreign nationals from
Fishermen from the boat
"Westwind" claim to have
approached the Dominican ves-
sel they sighted in the waters
off Ragged Island on October
1st in an effort to ward them
away from the area.
However, instead of the
Dominicans fleeing the waters,
it was the Bahamians who were
forced to retreat, when the for-
eign boat captain fired off a
round of bullets from a handgun
as the Bahamians got within 100

feet of the boat.
No one was injured in the
incident, but fishermen claim it
"could've been a lot more seri-
ous." They are fearful that
Dominican poachers are
becoming more brazen than
ever before and that their illegal
activities will further deplete
marine resources.
Defence Force Petty Officer
Ralph McKinney told The Tri-
bune yesterday that the
De fence Force quickly respond-
ed to calls from the fishermen,
sending a larger vessel to back
up the boat they already had in
the vicinity.
He said that officers will now
seek to "cut off" the boat if it
attempts to head south back to
the Dominican Republic.
However, there are suspicions
SEE page 12

Teen in juvenile court

on murder charges
Tribune Staff Reporter
A FIFTEEN-year-old boy was formally arraigned in juvenile
court yesterday on murder charges stemming from the stabbing
death of a security guard on Monday.
A resident of St Margaret's Road, the boy was charged in con-
nection with the death of Isaac Sweeting of Yellow Elder Gar-
dens who was employed as a security guard at the Harbour Bay
Shopping Centre on East Bay Street.
As reported previously, Sweeting was stabbed in the upper
body while on duty on Monday night. He was subsequently
rushed to the Princess Margaret Hospital where he died a short
time later.
The accused juvenile stood before Magistrate Carolyn Vogt-
SEE page 12

THE SCENE of an accident on Gable Beach in which, eyewitnesses say, a female tourist was struck and
knocked off a scooter she was riding. Details remain sketchy, as officers of the Cable Beach Police : ,
Station and the Traffic Division said they had no knowledge of the incident. However, a Princess Margaret
Hospital employee said that the woman is being treated for injuries that are not life threatening.

Concern that loggingn'
campaign aims to derail
Daniel Smith inquest
observers keen to see
the Daniel Smith

October fear that a
loggingn" campaign is
underway to derail the
One apparently .
informed blogger is
claiming that the wit-
ness list is now shorter
than when the inquest
was first announced,
and that certain "key"
witnesses have dropped out.
But one US source said last night that parties
closely involved with the case are still confident
that Bahamian authorities will open the inquest,
as planned, on Tuesday, October 30, and that a
full and fair inquiry will be held.
Magistrate William Campbell has been
assigned to act as coroner for the hearing, which
could last two months with as many as 45 wit-
The long-awaited inquest comes more than a
year after Daniel, the 20-year-old son of the
SEE page 11

1e g whernePe s to improve

Tribune Staff
may be in "jeopardy"
of regressing from the
last three decades of
social advances unless
its telecommunications
sector improves levels
of efficiency and pro-
ductivity, the Prime
Minister warned yesterday.
This statement came during the second day of
opening ceremonies for the Caribbean Telecom-
munications Union (CTU) conference last
evening where Prime Minister Hubert A Ingra-
ham addressed a crowd of regional dignitaries
about the changing state of Information and Com-
munications Technology (ICT) within the
Citing a recent World Bank study, the prime
minister said: "The region stands to regress from
SEE page 12

Review: some
PIP members
may have 'exerted
undue pressure
on media in 2006'
Chief Reporter
WHILE in the Bahamas the
media is free to criticize gov-
ernment and its policies, dur-
ing 2006 there were indications
that some members of the then
ruling PLP were "exerting
undue pressure on the media"
in response to "less than flat-
tering news coverage", the
recently published World Press
Freedom Review of the Inter-
national Press Institute said.
The report also highlighted
"confrontations" between mem-
bers of the local and interna-
tional media and the previous
government and its agencies.
The annual IPI World Press
Freedom Review examines the
state of the media in over 180
countries, documenting press
freedom violations and major
media developments all over
the world.
The WPR is divided into spe-
SEE page 11

James Smith

named CFAL
JAMES Smith, former minis-
ter of state for finance in the pre-
vious government, has joined
CFAL (the former Colina Finan-
cial Advisors) as its chairman.
Anthony Ferguson, CFAL's
president, said in a statement,
"Mr Smith's deep understand-
ing of the domestic financial
market and international finan-
cial services will contribute sig-
nificantly to our goal to be a
Bahamian-owned and managed
financial institution which is a
recognized authority on finan-
cial matters.
"We are very pleased and
honoured that he has chosen to
join CFAL as our chairman."
Mr Smith said CFAL pro-
vides him with an opportunity
to "apply my experience on a
day-to-day basis to a growing
company that is deeply com-
mitted to the country, and to
helping individual Bahamians
and Bahamian companies
achieve financial security and

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Ingraham reveals details of Ritz

Carlton project on Rose Island

Tribune Staff Reporter
THE Developers of the Ritz-
Carlton on Rose Island were
given permission to construct a
hotel of up to seven stories, and
to create up to 295 slips in two
marinas, based on the Heads of
Agreement signed with the
Government of the Bahamas.
These are some of the condi-
tions of the agreement for the
230 acre, $500 million develop-
ment, which was tabled in the
House of Assembly on Wednes-
day by Prime Minister Ingra-
ham. t
The 25-page agreement was
initially signed on February 13,
2006, with a four-page supple-
mental Heads of Agreement
signed on April 11, 2007, the
contents of which are all sub-
ject to the approvals of relevant
government agencies.
According to the agreement,
the development will include a
luxury hotel on the island of 95
and 61 rooms not to exceed
seven stories to be operated
by Ritz-Carlton. There will be
up to 65 condo units between
1,800 and 1,900 square feet in
size, with 120 to 130 of these
being keyed rooms.
In addition, there will be 40
marina condos of 1,500 square

feet; 60 resort residences
between 2,200 and 2,400 square
feet; and 137 resort estate
homes, 69 ofwhich will be
erected by the developer, and
68 individually or jointly as
mutually agreed by the devel-
oper, Rose Island Beach and
Harbour Club and Ritz-Carl-
Additionally, the developer
is authotised to construct other
residential units, condos, town
homes, timeshares or fraction-


The core hotel rooms, con-
do-hotel, townhouse units and
resort homes that opt into what
is called the "Ritz-Carlton
Rental Programme", and
described as the "hotel compo-
nent" of the development, the
agreement states, are all eligible
for concessions under the Hotel
Encouragement Act, which
include exemptions from cus-
toms duty "in respect of all
materials necessary for the con-
struction, equipping, furnishing
and completion" of thetruc-,
The hotel component and
related resort facilities such as
the Wellness Centre, Conven-
tion facilities and the marina,

will be exempted from payment
of Real Property Tax for 10
years from the date the hotel
The payment of stamp duty
was also waived in the agree-
ment for construction and fur-
nishing of the hotel component
on the island, along with the
amenities and infrastructure of
the development.
The "Ritz-Carlton Rental
Programme" as defined in the
agreement, appears, to be a
device to access concessions
under the Hotel Encourage-
ment Act. To access these con-
cessions, the residences, which
are not conventional hotel,

rooms, have to be included in
the "hotel component" of the
development for at least nine
months out of the year, at
which time the developer is
responsible for paying hotel
taxes for the property. What is
not said in the agreement is
what charges would be applied
to these properties by the
developer, thus affecting the
amount of tax revenue the gov-
ernment receives.
Property owners who do not
opt into the rental programme,
or those who opt out without
fulfilling their obligations, are
subject to all customs duties for
the construction and furnishing
of the property; and also the
payment of real property tax-


The marina component of the
resort was upgraded during the
supplemental heads of agree-
ment from 98 to 245 boats in
the main marina, to be accom-
panied by an additional 50 slips
around the perimeter of a con-
structed waterway.
The developer is also respon-
sible for the construction of a
police station, fire station and
facilities for the Customs and
Immigration departments and

for cost of transporting these
officers to and from the island,
along with overtime salaries to
them for work done on the
island. Once these buildings are
constructed, the government
will take on the cost of operat-
ing the buildings.
It was pledged that the min-
istry of tourism would spend $2
million per year of non-cash
marketing assistance on the
development over a period of
two years, in the ministry's over-
all global marketing pro-
grammes. An option was also
put in place for a third year of
this venture based on the cir-
cumstances at that'time.
It was further agreed that
l6cal entertainers and musicians
would be involved in the pro-
duction of entertainment shown
on the development, and that a
designated area be set aside for
a Straw Market.
Though Bahamians will be
invited to operate ferry services
from New Providence to Rose
Island, the agreement allows the
developers to own ferry boats
and operate the service, in the
event that no Bahamians offer
to provide the service. In such a
circumstance, this will be
allowed provided Bahamians
are trained and employed to
operate and maintain the ves-

Friends fear man is suicide.risk in Fox Hill:

FRIENDS fears a 33-year-
old Abaconian being held at
Fox Hill Prison will commit sui-
cide because of the appalling
conditions he endures there.
They say mechanic Trent
Albury is being held in a small
cell which still contains a piece
of cut rope, hanging from the
ceiling, which was used by a
previous suicide victim.
"He has told me he wishes
they would bring the rest of
rope they cut down so that he
can hang himself. too," said
family friend Jeanne Kemp.
"'He has also told me that if

he had a razor blade, he would
cut his wrists," said Ms Kemp,
who cooks hot meals for Mr
Albury and visits him weekly
to keep his spirits up.
Mr Albury, a bachelor
described by his family as a lov-
ing, hard-working man, has been
held at Fox Hill for nearly a year
awaiting an extradition hearing
sought by US authorities.
This stems from his convic-
tion for manslaughter follow-
ing a road accident in West
Palm Beach in which a woman
was killed in a two-car crash.
Ms Kemp told The Tribune

that, though she is not a blood
relative, Mr Albury calls her
"auntie" because she visits him
every Monday with freshly
cooked food. She said his cell
conditions are appalling.
"He lives in an area six feet
by two-and-a-half feet and there
is not even a fan in there," she
said. "The heat is oppressive
and there are three slop buckets
for him and two other prisoners.
"There is no toilet paper, so
he has had to use torn-up shirts.
He is wasting away in there and
has told me: 'T can't take it any-
more if someone gave me a

razor I would cut my wrists'."
Mr Albury's plight is made
worse, according to his family,
by the prison authorities con-
tinually withholding important
medication for blood pressure.
His lawyer, Mr Murrio
Ducille, has made several
appeals to the courts for the
prison to give Mr Albury the
health treatment he needs.
Yesterday, Mr Ducille told
The Tribune: "I agree with his
family that Mr Albury is a sui-
cide risk. And there is no ques-
tion that there are issues over
his medication."

He said Mr Albury is wanted
by US authorities for an offence
which is not extraditable. He
has also told the court that the
original Florida hearing was
defective, and the extradition,
documents flawed.
"My argument is that this is a
case of dangerous driving and,
that the whole thing is'dracon-
ian," he added.
The Tribune attempted to
contact public affairs officer at
the Prison Sgt Stephanie Pratt
for comment on the matter, but
calls to her office were not

SIn brief

forms in east
SATELLITE imagery and
surface observations indicate
that a broad area oflow pres-
sure is forming a few hundred
miles east of the northwest-
ern Bahamas.
Upper-level winds have
become favourable for this
systern to develop further.
Forecasters indicate that it
could become a tropical depres-
sion in the next day or two.
The system is expected to
remain stationary today and
on Friday.

Acklins water
system to be
completed by
end of year
THE supply system for
potable water in Acklins is
expected to be completed by
the end of the year, Works
Minister Earl Deveaux said
on Wednesday in'the House
of Assembly.
The minister made the
statement in response to a
question asked by MICAL
MP Alfred Gray about the
status of the water project in
Acklins and Long Cay.

Man in custody
POLICE arrested a 27-year-
old man on Tuesday morning
in connection with the discov-
ery of a quantity of marijuana.
According to reports,
around 11 am on Tuesday
police officers from the mobile
division were in the area of
* Kemp Road and Shirley
Street when they noticed the
occupant of a black Ford
Explorer acting suspiciously.
Police intercepted the vehi-
cle and discovered about four
pounds of marijuana.
A man was later taken into
custody for questioning.

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Oln brief Government to buy garbage

Evacuation trucks to ease infrequent
of school

was caused
by gas leak
IN the wake of a Tribune
report on the evacuation of
S C McPherson Junior High
School on Tuesday, the gov-
ernment has confirmed that
the students and staff were
sent home "due to the sus-
pected presence of a propane
gas odour".
Lionel Sands, acting direc-
tor of education, and a team
of technicians from the Min-
istry of Works visited the
school to investigate the mat-
ter, a government spokesper-
son said.
"Marvin Bethel, supplier
of propane gas to the school,
was also called to the scene to
assist with resolving the mat-
ter. All gas lines to the school
were inspected to determine
the origin of the odour."
The spokesperson said
Ministry of Works techni-
cians resolved the matter and
classes resumed on Wednes-
day, October 3.
"The Ministry of Educa-
tion wants to assure the pub-
lic that every precaution has
been taken to ensure the
safety of students and staff at
the S C McPherson Junior
High School," the spokesper-
son said.

shot in arm

A MAN was shot in the
arm during an altercation
with a neighbour shortly
before noon on Tuesday.
According to police, 19-
year-old Shanari Lewis, a res-
ident of Mermaid Boulevard,
got into an altercation with
another man on Tuesday
The other man reportedly
left the scene and returned
with a firearm which he dis-
charged at Mr Lewis.
Mr Lewis was struck in the
upper right arm..
He was taken to hospital
and treated for his injuries,
which are not considered to
be life threatening.
H0 I Fu

Tpopial ,T,'mia"1, s

collection problems

about the state of the environ-
ment in New Providence.
He said that when the new
government took over, it found
systems in place which should
have prevented any interrup-
tion in the maintenance and
upkeep of the parks, the road-
sides and the collection of
"There must also be a state-

Chief Reporter
THE government will be pur-
chasing 10 additional garbage
trucks at a cost of $2.5 million to
alleviate the "vexing problem"
of infrequent garbage collection
on the island of New Provi-
dence. This was announced by
Health and Social Development
Minister Hubert Minnis in the
House of Assembly on Wednes-
day. He was responding to a
question from Fox Hill MP
Fred Mitchell.
The trucks, costing about
$250,000 each, will supplement
the current fleet, which cannot
meet the present or future
demands of New Providence's
rising population, Dr Minnis
Before the last adjournment
of the House of Assembly, Mr
Mitchell expressed concern

Govt to focus on maintenance

of public parks and spaces
THE government has taken measures to "give more focused
attention" to the cleaning and maintenance of public parks
and spaces in the Bahamas.
This was announced by Minister of Health and Social Devel-
opment Dr Hubert Minnis.
He explained that the grounds and beautification division
of the Department of Environmental Health Services (DEHS)
has been reorganised to this end.
Dr Minnis said the reorganisation will correct some of the pre-
existing deficiencies in the maintenance of public parks and
spaces that his government met in place following the May 2
He said it is one of several measures that will bring "organi-
sation" to the beautification and maintenance of the country's
parks and verges, in addition to assisting with rodent and vector
Another key change will include the division of New Provi-
dence into eight zones, each with a health inspector, shift super-
visor and staff complement assigned to it and who have been
given "the adequate equipment necessary to carry out their
Dr Minnis said personnel who have been assigned to each
zone, will be issued uniforms with the zone letter or number
attached to it, "so that they would know that.within Zone A,
once a park is there, once the verges are there, they can deal with
that appropriately. They would know that within Zone A, if
there is an increase in rodents, they can deal with that appro-
"They would also know that if there is an increase in vectors,
they can deal with that appropriately. What that means is that
the supervisors of each zone are now accountable."
Dr Minnis said his ministry has also issued contracts for the
upkeep of 33 community parks in an effort to ensure that those
parks are properly maintained.
DEHS officials, he said, will monitor the progress of the
upkeep to ensure compliance with the scope of the works.
He said the government also put aside funds for the depart-
ment in the 2007-2008 budget for additional machinery and
equipment which is expected to increase efficiency.

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ment on the problems associat-
ed with garbage collection and
when that issue can be expected
to be addressed. There is a good
deal of frustration about the
issue. The garbage is not col-
lected on a timely basis and
there is no solution in sight.
Constituents call and they can-
not get any answers or adequate
response," the Fox Hill MP
He said that he was raising
the issue once again because he
believed that a clean environ-
ment is absolutely essential to
the health and well being of the
Bahamian people.
"The garbage and the envi-
ronmental degradation, unless
addressed directly and soon,
could have further conse-
quences for both the mental and
physical health of the people of
the country. I once again urge
the government to address this
issue with dispatch," Mr
Mitchell said.
The MP said it is a "national
disgrace" that the island is so
"If you proceed along the
roads in my constituency and
in others, it is obvious that the
garbage is not being collected
on time. It is also obvious that
the roadsides and parks are not
being properly kept. It is no
excuse to say that there is a lack
of equipment because equip-
ment can be bought, and man-
power can be hired," Mr
Mitchell said.
Dr Minnis said that garbage
collection in New Providence
faces many challenges includ-
ing inclement weather, mechan-
ical breakdowns, increased
waste'generation and improp-
er on-site storage.
"These challenges often
become more obvious particu-
larly during the summer months
and result in some routes receiv-
ing irregular collection. The
Department of Environmental
Health Services currently oper-
ates three shifts to accommo-
date garbage collection from 32
routes," he said.




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

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

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

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

Big decision time for Bahamas

THE BAHAMAS is now in countdown
It has to the beginning of next month to
decide whether or not to sign on to the Euro-
pean Union's Economic Partnership Agree-
ment (EPA), a part of the Cotonou Agreement,
introduced in 2000 to replace the Lom6 Con-
vention, which for the past 32 years has given
favourable tax concessions to African,
Caribbean and Pacific countries trading with
If the Bahamas fails to sign the EPA, com-
panies such as Bacardi, the fisheries business,
especially the lobster industry, and Polymers
will lose all of its special tax concessions, putting
them at a serious trading disadvantage with
losses in the millions.
In an attempt to protect the few Bahamian
industries that will be affected, government has
to weigh in the balance the repercussions such
a signing would mean to the overall Bahamian
It is a serious issue and no matter what the
decision, there will be hardship.
Under the Lom6 Convention, for example,
Bacardi products -- like the $60 million lobsters
exported annually to France entered the
European Union duty free.
With the gradual erosion of trade advantages,
Bacardi "saw the handwriting on the wall." The
company knew that eventually it would lose all
its trading advantages. As a.consequencesit
started years ago considering eventually leaving
the Bahamas. The final decision was made a
few months ago.
The Bahamas as a place to do business also
had its disadvantages. It is a high cost country.
The basic needs of business, such as water, pow-
er, labour, transportation, and the importation
of products, are far higher here than in other
areas of the region.
For example, Bacardi had to import all of its
molasses from Brazil. It also found it cheaper to
produce its own water than purchase it at $12
per thousand gallons from government.
The price for the same quantity of water in
Florida, for example, is $1, and in Puerto Rico,
where Bacardi has its main plant to which it
will relocate, is 50 cents.
Water is a large component of Bacardi's oper-
Electricity prices are to blame for the high
cost of water at government's six million gallons
of water-a-day reverse osmosis plant at Blue
Hills. Electrical costs account for 36 per cent or
more than a third of that plant's operation.
Although the cost of Bahamian labour is
probably comparable to that of Puerto Rico,

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the same number of staff, producing 20,000
gallons of rum at the Nassau plant, can pro-
duce four or five times that amount in Puerto
And so two components went into Bacardi's
decision to leave the Bahamas loss of the
European concessions, which would put it at a
serious trading disadvantage, and the high cost
of doing business in the Bahamas.
It's not as easy for local fisheries, which has
nowhere to relocate.
The industry fears it will lose $60 million
worth of export business with the EU, chiefly
France, if the Bahamas does not sign the EPA
by the deadline.
Mr Anthony McKinney of Paradise Fisheries,
says the Bahamas is the world leader in spiny
lobster exports in the EU and France.
However, it could no longer compete if an 8-
12 per cent tax were added to its once tax free
He said the only market to which they could
turn would be the US market, which would
then be swamped with crawfish, forcing prices
and profits down.
The impact of this could be felt by Bahamian
fishermen who go to sea for weeks to bring in
their catch.
However, there is another side to this prob-
lematic coin. The Economic Partnership Agree-
ments (EPA), a scheme within the Cotonou
Agreement, provides for reciprocal trade agree-
This means that if the agreement is signed,
not only will the EU provide duty-free access to
its markets for ACP African, Caribbean,
and Pacific countries, but these countries
will have to reciprocate by opening their own
markets to accommodate duty free exports from
the EU. The Bahamas, which depends upon
Customs duties for much of its revenue, will
have to completely revise its whole tax structure.
Work permit fees another revenue earner
for government will either have to be aban-
doned or seriously revised. There is also the
fear by some that signing on to Cotonou's EPA
clause will push the Bahamas through the back
door into the Caribbean Single Market and
Economy (CSME) with all the attendant fears
of the free movement of labour.
It is doubtful that the Bahamas has any room
to negotiate its way around these pitfalls to pro-
tect its exporters. If not, then when all the alter-
natives are considered, especially of what it
could mean to the country's economy, like Bac-
ardi, we can see the handwriting on the wall. It
would not surprise us if the Bahamas did not

Albany and

South Ocean

projects should

be given a go

EDITOR, The Tribune.
WE LIVE in a most fortu-
nate part of the world. We
have been blessed with many,
many things for satisfaction
and enjoyment. To name just
a few freedom to worship
our God, beautiful beaches,
freedom to vote, free medical
care, home ownership by most
Bahamians, no curfews, free-
dom to move about and so
many more. Many of us who
enjoy a nice job, a nice car, a
nice home, a good education,
name brand clothes, yearly
cruises and grand vacations
may not know that over 70 per
cent of 6.4 billion people of
this world do not have such
luxuries. The question is, how
and what causes us to afford
this life-style by many of our
friends, family and work col-
The past two weeks I have
watched and listened with
great amusement and enthu-
siasm in regard to The Albany
and South Ocean projects
information-town meetings. I
must say that Minister Earl
Deveaux was very good and
polite in dealing with the
many tough questions put to
him. I must give my support
and agree with Mr Pericles
Maillis in saying that New
Providence needs these pro-
jects to go forward to benefit
our economy and provide
many needed jobs for our cit-
izens. If we fail to forget! Pri-
or to the Crystal Palace pro-
ject and then the Atlantis
development, Nassau was in
great need for work. The same,
can almost be said today with
unemployment creeping up
beyond 10 per cent and many
businesses stagnant or losing
money in many ways. I must
give the PLP credit for
approving this project.
Mr Maillis also gave some
very extensive and elaborate
historical and educated views
that Bahamians should take
note of.
With regards to the devel-
opers of the Albany project, I
have never seen or heard of a
developer committed to give
so much to our people and
country. They have commit-
ted to improve the Adelaide
community, create beaches
where there is none, give 340
plus acres to the government
for affordable homes and to
assist in building a much need-
ed new roadway. This is



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besides the many direct and '
indirect jobs that will be
brought about to help drive
our economy, and billions of
dollars for our country. The
many number of celebrities
that may bless our shoes
because of these projects are
unknown. One thing that is
almost sure to happen if these
projects are to go forward and

become successful is that our
citizens will continue to enjoy
a good life style compared to
many other countries world
wide that does not have such a
great opportunity. I am a
young Bahamian who has
seen many changes in. our
country over the past 30 years
and from what I have seen
and heard, these projects
should be given a go.

September 25, 2007.

Questioning comments of

US officials at handover
EDITOR, The Tribune.
THE department of US Army personnel from the OPBAT opera-
tions was seemingly a big letter day for the US Government, however,
some of the comments of US officials at the handover must be ques-
There would be absolutely no need for OPBAT if not to our north
in the United States of America there was a voracious appetite and mar-
ket for cocaine and marijuana.
Regrettably US officials seem to forget this. No one of the visiting
big-wigs mentioned that the largest retail market for cocaine and mar-
ijuana is the United States of America and what they are trying to
reduce this?
The United States government has a bilateral agreement for the
ongoing operation of OPBAT if they, the US, decided to abrogate
their responsibility and terms of the agreement then we certainly
would know precisely how serious the US are about controlling illegal
drug transshipments through the Caribbean.
Might the US wish to take a decision out of past history when dur-
ing the US-era of probation eventually the smuggling of liquor was con-
trolled when liquor was once again permitted to be sold under license.
Remove the market reduce the interest!
By the way I find the ludicrous annual certification from the White
House of the Bahamas as a total joke as The Bahamas is unfortunate
to be between the producer of the drugs and the retail market the US.
What does it really mean when the'US keeps the Bahamas on their list
of countries through which drugs are transported?
Would the US pass their own litmus test on drug transshipments?
Without any doubt absolutely, no.
October 2, 2007.

Do we need Canadians to get

us to build a new terminal?
EDITOR, The Tribune.
NO OFFENCE to my good friend the Hon Frank Watson, (a for-
mer Deputy Prime Minister) as he and I go back to t4e mid 60's
with Bahamas Customs. He is trying to do his best for this country,
and the newly named, LP International Airport, but do we need to
have Canadians come to this Commonwealth nation, to tell us
and to get us to build a new terminal for the airport? We knew that
as the last one was being built, as we were saying, something to the
then PLP government, before during and after, the one we are now
using. I can't really remember how much it cost us, for that failure,
(some $60 million +?) back them. Please correct me, I think it
was more, and that was with the old PLP government, several
years before the first FNM Government, (almost 20 years ago!).
What a waste of taxpayers money.
September 22,2007.


The German Embassy is asking all German
citizens in The Bahamas, whose passport expires
before Summer 2008, to immediately contact the
Embassy in order to apply for a new
passport before early October 2007. For several
months afterwards due to the introduction
of a new biometric system, only temporary
passports can be issued which would require a
US-Visa for travel to or via the United States. For
further information, please check our website at
www.kingston.diplo.de or call (876) 926-6728.

Two Consular Officers from the Embassy of
the Federal Republic of Germany in
Jamaica will be visiting The Bahamas from
9th 11th October, 2007. They will be
available for personal consultations at the
offices of the Honorary Consul, Alliance
House, East Bay Street from 9:00a.m. 12:00
noon. You may contact the Honorary Consul for
appointments at 394-6161.








Anger at release


are furious over what they say is
the summary release of a
Guyanese woman who has
allegedly been working illegally
in Nassau for up to six years.
The woman was picked up on
Tuesday along with a Haitian
man and placed in the
Carmichael Road Detention
Centre, however intervention
by a senior civil servant secured
her immediate release, causing
extreme anger in the Immigra-
tion Department, sources
Yesterday, a source said the
woman's release was evidence
that corrupt PLP practices are
still in place in certain areas of
the government service.
"I don't know what kind of
connections this woman had,
but an order came down from
on high saying that she must be
set free immediately.
"That's in spite of the fact

that she owes the Immigration
Department up to $6,000 and
has been working here illegally
for a long time."

Immigration officials had
apparently been looking for the
woman for some time, noting
that she had not been recorded
as leaving the Bahamas since
quitting legal employment sev-
eral years ago.,
The woman is now said to
have a "freelance" job in Nas-
sau with no status.
Last night, a government
employee said: "There are some
senior people in government
service who need to go. At the
Immigration Department
morale is very low, and people
are totally upset by things of
this kind. The PLP mentality
still survives in some areas."

William Pratt, assistant direc-
tor of investigations at the
Department of Immigration
confirmed that the illegal immi-
grant in question was picked up
on Tuesday.
However he could not con-
firm or deny that she the claims
that she was released and could
not say if she owed the depart-
ment any money.
"I don't approve releases,
that's not within my powers,"
he said during a telephone inter-
view yesterday, after acknowl-
edging the Guyanese woman
had been in custody.
The Tribune contacted Ver-
nan Burrows, Director of Immi-
gration, for comment yesterday
but was told that he was "on
leave" until next month.
Attempts were made to con-
tact Lambert Campbell, acting
Director of Immigration, how-
ever up to press time he could
not be reached for comment. .

DPM urges caution on Haiti trade

TRADE with Haiti could
pose dangers in terms of drug
and human smuggling, Deputy
Prime Minister Brent Symon-
ette warned.
This said, Mr Symonette went
on to give cautious support to
the Bahamas Chamber of Com-
merce's new:trade arrangement
with the Republic of Haiti.'
"We need to move forward
and find a way to increase trade.
However, the difficulty is how
the goods are moved. Most of it
would be water borne, which
brings up maritime concerns
regarding drug and human traf-
ficking," said Mr Symonette,
who is also Minister of Foreign
"Too long our focus with
Haiti has been and will continue
to be the question of illegal
migration of nationals, and that
continues to pose a serious
problem," bheadded. ,
Mr Symonette said yesterday

there are some "substantial
roadblocks" to trading in pro-
duce from Haiti, in some cases a
requirement for US Food and
Drug Administration (FDA)
approval. .
He said CARICOM has
been working to lower the scale
that would be acceptable in
other markets so tiat Bahami-

ans can import certain Haitian-
grown vegetables and other
At the UN last week, Mr
Symonette called on the Gen-
eral Assembly to continue to
support Haiti in its quest for
political and economic stabili-
Mr Symonette credited the
present Haitian government
with achieving "great strides"
in moving towards the full
democratic process.
"It's going to be a long road;
it's a big country. There are a
number of different sides
involved," he said.



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HIM i, I

UNIVERSITY OF The West Indies announced plans to celebrate the 10th anniversary of the establishment
of its medical school in the Bahamas. Anniversary committee members are, from left, Jennifer Mackey,
Dr Robin Roberts, Professor Harward Spencer, Dr Glen Beneby, Maria Johnson and Willamae Stuart.

Friendly Motors and

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Bahamians make up

almost half of UWI

medicine graduates

ALMOST half of the 200-plus
medical students turned out by
the University of the West Indies
School of Clinical Medicine and
Research to date are Bahamians.
School officials say this bodes
well for the future healthcare in
the Bahamas.
The 50 per cent graduation
ratio of fully-trained doctors is a
far cry from the early days when
less than one per cent of the stu-
dents enrolled were from the
"When we had our first class
of 30-plus students, we had prob-
ably one Bahamian in that class,"
said Dr Robin Roberts, a urolo-
gist and one of the architects of
the programme.
"Ten years later more than 50
per cent of the students that have
graduated from the programme
have been Bahamians.
"I would expect that number,
considering the trend over the
past four-five years where almost
90 per cent of the students enter-
ing the programme have been
Bahamians, to increase to about
80 per cent in the near future," Dr
Roberts added.
The School of Clinical Medi-
cine and Research (SCMR) is cel-
ebrating its tenth anniversary this
School administrators and offi-
cials say the programme has more
than. met their objectives in terms
of providing quality education to
the medical students who
have graduated from the pro-
Formerly known as the UWI
Clinical Training Programme, the
SCMR was established in 1997 as
an "integral part" of the Faculty
of Medical Sciences at the UWI
St Augustine Campus in Trinidad
and Tobago
Dr Roberts said there have

been several advantages to having
such a school in the Bahamas. He
said the ability to study at home
has resulted in "considerable sav-
ings" for Bahamian medical stu-
dents and their families with
regards to housing "and the sup-
port system."
Another advantage, he said, is
the fact that the university is sub-
sidised significantly.
"In fact, I would estimate that
80 per cent of individual tuition is
subsidized by government," Dr
Roberts said.
He said a third advantage of
studying at the UWI Bahamas
campus is that students get the.
chance to learn at a hospital
(Princess Margaret Hospital),
which has almost 500 in-patient
beds making the patient to stu-
dent ratio "great for learning", as
there are currently between 50-60
students in the programme.
' Another great feature of the
Princess Margaret Hospital, he
said, is the number of medical dis-
ciplines it offers.
"We are extremely proud of
the Princess Margaret Hospital.
At my last count we had almost
32 specialties and sub-specialties
in medicine aind, for example, just
in surgery alone there are nine
specialties and sub-specialties
ranging from general surgery to
urology, neurosurgery, orthopedic
surgery, ENT specialist, plastic
surgery and opthamology, among
others, which is just great for
training both undergraduate and
post-graduate students."
Dr Roberts said the ability to
learn in the kind of environment
that exists within the programme
has resulted in the establishment
of post-graduate training pro-
grammes, the first of which has
been launched in family medi-


delegation visits

Rhode Island
A 15-MEMBER Bahami-
an delegation visited Rhode
Island in August as part of
the ongoing US National
Guard State Partnership
Programme with the
The visit represented a
return visit for the Bahamian
group which included eco-
nomic, trade, tourism and
law enforcement representa-
tives following the visit to
Nassau in May by a seven-
member business develop-
ment delegation from Rhode
The delegation included
Deputy Commissioner of
Police Marvin Dames, AG
Commander of the Defence
Force, Samuel Evans and
director of the National
Emergency Management
Agency, Carl Smith.
The Bahamas Develop-
ment Bank was represented
by chairman Darron Cash,
deputy general manager
Anthony Woodside, manag-
er of business development
Dale McHardy, and assistant
manager of business devel-
opment Andrew Stanford.
Ministry of Tourism par-
ticipants included director of
events strategy and special
events Janet Johnson and.
Raymond Harrison, of the
visitor experience unit.
The delegation also
included the director of the
Antiquities, Monuments and
Museums Corporation Dr
Keith Tinker and Chamber
of Commerce representa-
tives Senator Tanya Wright,
executive director Philip
Simon, and Fritz Stubbs.
The highlight of the visit
was a courtesy call on Gov-
ernor Donald Carcieri at the
State House Building.
Duringthe visit, a Memo-
randum of Understanding
(MOU) between the
Bahamas Development
Bank, the Bahamas Cham-
ber of Commerce, and the
Rhode Island Economic
Development Corporation
was concluded.
The memorandum aims to
serve as a vehicle to foster
economic development, sci-
entific advancement and
-business exchanges between
Rhode Island and the
The three agencies have
initially agreed to facilitate
and promote joint economic
co-operation in the areas of
financial services, tourism,
education, micro, small and
medium business support,
training, and advice.
This co-operation will also
include the promotion of
trade and investment and
will serve to build on the
existing partnership estab-
lished earlier this year with
the signing of a separate
Memorandum of Under-
standing between the Col-
lege of the Bahamas and the
University of Rhode Island.
The newly signed memo-
randum will seek to promote
research and academic
exchange between educa-
tional institutions in the
Bahamas and Rhode Island,
and will engage the public
and private sectors in devel-
oping mutually beneficial
economic relationships.


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Disney podcast to publicise Bahamas

THE Bahamas will get some
welcome publicity as a cruise
destination when it is featured
on Disney Cruise Line's suc-
cessful pod cast series.
Created last year, Disney said
its podcast video series has
F -

proven to be popular will
cruise ship guests and has help
them to answer questions about
their holiday experience. It also
showcases activities available to
them while onboard the ship.
"Having seen success with the


original series focused on the
ships, Disney decided to film
new podcasts highlighting the
different itineraries and the
ports that they visit," explained
the company in a statement.
It said one these videos will
focus on the three and four-
night cruises to Nassau.
Disney's video production
team visited Nassau and Par-
adise Island recently to capture
scenic footage for the project.
"The Ministry of Tourism
was pleased to assist Disney
Cruise Lines' production crew
during the film shoot," said
Carla Stuart, director, cruise
development in the Ministry of
Tourism. "It is a great oppor-
tunity to showcase some of
Nassau and Paradise Island's
activities, hotels, historic sites,
restaurants, retail options and
of course our beautiful beach-
"The podcast series will cre-
ate a great deal of exposure for
the destination, as it will be
viewed by many of Disney's
passengers. We hope that it will
encourage them to do and see
more while in port, as well as
entice them to return as
stopover visitors,"
In 2006, Disney brought
395,129 cruise passengers to the

Disney Cruise Line contin-
ues to gain top honours in the
cruise industry, most recently
being named to Travel and
Leisure magazine's "World's
Best" awards.

The ranking was determined
from answers given by readers
when asked to rate cruise lines
on cabins, food, service, itiner-
aries, destinations, activities and
"Known for bringing family

travel to the cruise industry,
Disney Cruise Line continues
to raise the bar on the cruise
experience, with specifically
designed areas and activities for
each member of the family,"
the statement said.

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i in i F RI fE .. .... . .

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British American Financial Breast Cancer Tip
About Stage II Breast Cancer
Stage H breast cancer is divided into stage IIA and stage 11B based on tumor size and whether the 'ancer has spread to the axillarv
lymph nodes (the lymph nodes under the arm). In stage ILM. the cancer is either no larger than 2 ctntimeterf and haIs spro'ad lto the
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B British

Sarah Demeritte

46 I

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s e I.e t e'.d
Outdoor I

The Surgical Suite, Siste

Cancer Suppoi

More than a handful of youngsters

have lost their collective minds






Survivors & Supporters of the Susan G. Komen Group

Cordiafly invites you to join them at the

*a rAffT

Pr~, e


Saturday, October 6, 2007

@ 7:3 opm

kawson Square

Please bring a candle.

Come and share.

The Tribune

X -,, ,-


To my good friend, little broth-
er, son, former student of S C
McPherson, Mr George Wilbert
Oliver. Gone but not forgotten.
You always had a smile to share.
We love you although you are no
longer here with us. RIP. Our loss
is Heaven's gain. God bless all
things well.
Posted on S C McPherson's
display board by Nat Adams
(music teacher)
NOW that the country's mur-
der count for 2007 stands at a
staggering 58, it's undeniable that
Nassau's gone fluiky and that

more than a handful of young-
sters, particularly young men,
have lost their collective minds.
So far this week, the nation
has recorded two brutal murders,
which were daringly committed
in public spaces (Town Centre'
Mall and Harbour Bay).
These days, murders are fre-
quently carried out by audacious
young killers who have probably
been in the fast track to Her
Majesty's Prison (Fox Hill) since
grade one and unfortunately were
never rescued.
On Sunday, C V Bethel senior,
17-year-old George Oliver,
became the 57th homicide victim
for the year.
According to George's moth-
er, the autopsy completed this
week shows that he was shot
Reports state that George was
shot at the Town Centre Mall as
he made his way to his
grandmother's house (where he
Outside the grisly manner in
which George was killed, what
makes his death even more ruth-
less is that he was gunned down
on his way from a church service
.commemorating national youth
month and wearing his school's
According to George's aunt,
Precious Taylor, their family has
learnt that he may have been
accosted on Robinson Road,
beaten and possibly forced into
the mall parking area where" he
was fatally shot.
"George used to walk a lot.
He used to hang in his old neigh-
bourhood Blue Hills estates
- and he loved music. He just
said how he wanted to be a cook
and an electrician.
"Unfortunately, he was always
searching for something as his
dad was not really in his life,"
Precious said in a grief-stricken,
barely audible voice.
She went on: "My mother
almost passed out when she learnt
of his death. The last thing he did
was iron a dress for:me to go to
church now I guess Ilill have-
to wear that dress at his funeral.
"That night (Sunday), he left
his girlfriend's place at about
7.43pm. She said he told her he
was going to his grandmother,
that he loved her and that he
would call when he got there. He
was killed at 7.50."
George's family affirmed that
the police had several persons in

custody, but have since released
In reminiscing upon her son,
Rochelle Oliver lamented:
"I'm not going to polish him
up, but the truth is, he was not a
problem. Sure, he did things any
normal teenager would.
"After his dad and I were
divorced, he faced challenges and
sometimes acted out some-
times not going to school but
he was never in a gang and he
never smoked or drank.
"After our divorce, he wanted
to be the man of the house, want-
ing to work and help me out, but
I encouraged him to stay in
Rochelle fondly remembered
her son as someone who was
always cheerful and friendly, to
whom people were attracted
because of his glowing personali-
She said that when George
was murdered, he was headed
home after visiting his friends (in
his former neighborhood where
she lives), as was his weekend
When asked if George hdl any
known enemies, or may have
been killed as payback over an
outstanding grudge, Ms Taylor
rejected such an idea.
"If he used to steal or gang-
bang or whatever I could accept
that he reaped what he sowed,
but he didn't. He lived with my
mom and anytime she went to
church he was there. Even if you
were rowing him, he was smil-
ing," she said.
Ms Taylor also expressed dis-
pleasure at a news story published
by another daily this week.
"I'm very upset about the
piece that the Guardian printed.
They changed things around and
made it sound like he (George)
did things that were terrible. It
was made to seem almost like he
deserved what happened," she
George's grandmother, San-
dralee Taylor, was very emotion-
al when she spoke about her
grandson. .
Mrs Taylor sombrely reflected
on him, saying: "I don't believe it
"I look around every night for
him. This young child went to
church and never reach back! I
used to drop him to school every
morning and then give him a dol-
lar for jitney. He was like my son
- not just a grandson. I hadn't

To the rrest o Convition of persontorprsn
connected wih the Arsonat PotDlmerlo

Sep tember 30th 2007.O

Te:32 -8 1/ n: o .-r.8am -:0 pm

seen him from morning devotion
at our church until I went to the
According to Mrs Taylor,
when her daughter and George's
father were divorced, she and her
husband intervened and took him
under their wing as they felt that
he would need a father figure in
his life.
"I still take out food for him.
Now, I have no more George to
share things with, no more
George to get me tea in the night,
to shop and wash the dishes. He
was a pleasant child, who smiled
all the time. He even had a smile
on his face lying there in the
morgue," she recalled sadly.
This grieving grandmother said
that when she returned from
church around midnight on Sun-
day, George was not home and
so she called the hospital.
Her daughter subsequently
called the police station for infor-
According to her, the Central
Detective Unit called around 2am
Monday morning, requesting
their presence at the hospital.
George did not die alone. His
family said that he died in the
arms of an off-duty police offi-
"We want to find him (the offi-
"We really want to find him to
know what George's last
moments were like, to find out if
he saw anything and if George
said anything. We want to thank
him," George's mother said.
The bereaved family claims
that although no-one is being held
for George's murder they will vig-
orously fight to see that justice is
served. George's grandmother
says that police have told them
that they will examine Cost
Right's (mall store) surveillance
videos in their search for the
young student's killers. '
The parents of many felonious
children that are roaming the
streets, taking lives and carrying
out heinous crimes almostidaily,
are failing in their duties and
should be held just as liable as
their children for any offence that
that a child commits.
Many of the troublesome,
unruly brutes terrorising our soci-
ety could have been corrected if
only a parent or guardian had
intervened and disciplined them
in their formative years.
If a child could not take teach-
ing, barking his behind with a
stinging tamarind switch
would send an unmistakable mes-
Sadly, many parents in Nas-
sau are catering to indiscipline
and cloaking their uncontrollable

Love Beach Area
Call Judie 327-8602
Humane Society 323-5138







Amistad's interactive muse-
um exhibit will be on display
During the upcoming third
annual African Diaspora Her-
i age Trail Conference.
The conference, sponsored
by the Ministry of Tourism and
Aviation, will be held from
October 10 to 14.
Following the ADHT con-

fcrence the educational travel-
ling exhibit will be transferred
to the Pompey Museum on Bay
Slieet to be displayed there
until the end of the year.
Founded three years ago by
the Bermuda government,
organizers say the ADHT pro-
vides a forum for interested per-
sons from throughout the


p. ".
^- &
11 i

African Diaspora who are com-
mitted to authentic research,
documentation, promotion and
development of African Her-
itage venues, museums, monu-
ments and cultural expression.
"Historical research and its
dissemination is an important
element in commemorating the
bicentenary of the abolition of
the trans-Atlantic slave trade,"
noted Dr Gail Saunders,
ADHT organising committee
executive and Bahamas direct.
tor general of heritage.
"Understanding the past and its
impact on our societies is vital."


The conference will be held
at the Atlantis Resort under the
theme, "From slave ships. to
self determined destinations."
There will be exhibits from var-
ious venues, museums and pri-
vate entities,
The Amistad exhibit chroni-
cles the fight of an African
group against enslavement.
It describes the significance
of the .1839 to 1841 trial and ulti-

mate release into freedom of
Sengbe Pieh and 52 other
Africans illegally kidnapped
from West Africa and sold into
the transatlantic slave trade -
only to revolt and persevere in
the human rights case of its

On June 21 the schooner
Amistad left its birth in New
Haven harbour and com-
menced an historic tour.
It will visit the ports of call
of the Atlantic slave trade in a
celebration of the 200th
anniversary of the year when

Britain and the other slave-trad-
ing powers including the US
signed an international treaty
banning the trade.
The exhibit is free of charge
during the conference, begin-
ning on Thursday, October 11
from 8.30am to noon.

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Amistad exhibit on show for conference


It 9







OCTOBER 9 11, 2007

Freeport, Grand Bahama

Westin Hotel & Resort

A time of fasting, lamenting and spiritual warfare... for

spiritual transformation, social reformation and the healing of our land.

W ;,,j- ,~
veyt -~

What IS the National Solemn Assembly?
It is a call by the Bahamas Christian Council to all
.-.'Senior Pastors and Church Leaders to assemble
-for three days of concentrated and focused prayer
for God's healing on the Church and the nation. It
s a call for all Church leaders to confess before
The .Lord the failure of the Church, the failure of
Si...6,nation and our personal failures as we seek
.God's leadership over our spiritual and national
"* r-' s. ,

,Oi.hurch leaders are the spiritual gate keepers of a
stationn just as the pastors, priests and prophets of
it]were the spiritual gate keepers of the nation
.1'o6f Israel. We recognize that the issues impacting
~'pon the peace of our nation, matters such as
t -ime, break down of marriage and family life,
.,:eeroding of Godly values and pursuits and the
tremendouss lust among our people for material
.aitn and pleasure, are all motivated in a spiritual
realm. To fight against such forces, the spiritual
generals of the Church must now reexamine
themselves before the Lprd; fortify themselves
and the army, the Church, for the battle that has
begun. It is a spiritual battle requiring spiritual
weapons and power and as such we, the generals
.,of Christ's Church, must make ourselves ready
first, to direct the Church and subsequently the
,.nation to a Godly victory. We truly believe that
- God will respond only when he see's the spiritual
gate keepers, the generals, show genuine contri-
tion and in so doing lead the nation in solemn re-
pentance. It is then, and only then, that we will
see our Churches, homes and nation restored to
true peace and blessing.

Why Now?
The Bahamas is experiencing the ravages of
desolation that is plaguing our nation and mani-
festing itself in spiritual, social and moral degra-
dation, varying forms of violence and criminal
activity and murders. The Bahamas Christiad,
Cotncil recognizes that for spiritual transforma-
4ion, social and moral reformation and civic

responsibility to be established and maintained in
our land, like the nation of Israel, we must heed
the call of Almighty God for the spiritual gate-
keepers of the nation to gird ourselves and lament,
to sanctify a fast and call a solemn assembly and
cry unto The Lord. We also recognize that unless
we heed the call. of God there is greater judgment
and devastation at hand.

We believe that while we as pastors are ajl called
to the work of the gospel and to bring people into
a deeper relationship with God our Creator, we
too have allowed ourselves to-ecom up #
in the excesses of the timesWe wiW.t3Ia.y1e.
also become too divided in our purpose and as
such must stop, take time to reflect and repent, re-
evaluate our agendas, and become unified in pur-

Finally, we must no longer allow our plopje tQ be-
lieve that the solutions to our national problems
lie only in social, political and economic reform.
This is simply not true. The-times we.iiye lIn is tes-
timony fo tHflidt t'a twis :i'ls ot so.F"aility wise,
we have better schools but not better students. So-
cially, we live in better neighborhoods but we are
not better neighbours. Financially, we-are signifi-.
cantly better of but our quality of life has deterio-
rated. So it is urgent that we redirect our people to
the reality that we must address-Our concerns on a
deeper level than mere social, economic or politi-
cal reform. The Bahamas is at a spiritual cross
road, and it is imperative that we answer the ques-
tion, "whom will we serve?" We believe that this is
truly the question for our nation today. It is our
prayer that from this solemn assembly, the gener-
als of the Church will be prepared to bring this
challenge before the people and that God in his in-
finite mercy will bring iis batk to Himself.

Senior Pastors be focused on the purpose of the
assembly without the need to be concerned
about the program or the facilitation of the as-
. sembly. It is also important that all Church
Leaders and Senior Pastors attending under-
stand their role not as presenters, but as listen-
ers hungry to hear from God. In this regard, we
are persuaded that the International Renewal
Ministry is strategically situated, called and
available to minister to this need among our
local spiritual gatekeepers.

Whatta the scope of thisU call to ur local

We are seeking to have as many Church Leaders
and Senior Pastors from throughout The Baha-
mas, make their way to Grand Bahamas for this
very important assembly. Toward this end, we
are trying to update and further compile our
Church and Pastor's list. We need Pastors to im-
mediately contact us by telephone at 341-9051/2,
by Fax at 341-3726 or by e-mail at

What if a pastoi can not make it to the assem,
bly in Grand kahama because of financial rea.
We believe that the cost of ensuring that each
Senior Pastor attends is an appropriate and le-
gitimate expense of each Church and we encour-
age each Church to ensure that there is not hin-
dered from attending for financial reasons.

While this Is a call for Senitor Pastors and
Church Leader, Is there a role for the Church
and the Peneral public to play is these plans?
Yes! We are asking every Church member to
stand behind their Senior Pastor and encourage
and support them to participate. We are asking
Church members-and the nublie to do four

What wI happose6 v ke thtee ey pt -things:
Solemnw Asaea WOWMe'et',p?.. .PFAST. Make a spiritual sacrifice by fasting
Predominantly prayer. It is important tOi t during the period of October 9 to 11 and pray
the Council has secured the assistant that our people will confess our sins and return
called Internatlbn41 RenewAl Ministries to fa ',. to the Lord so that God would heal our land.
tate the mee national Renewa. PAY Fray that our Church leaders and Senior
tries have helped .iate:approximateljry Pastor will heed God's leading and register and
prayer summits i t .it ture since 1989 wif t;: t attend the Solemn Assembly and experience the
more than 38,00 total .tircipants in attended!," ,. renewal that we so badly need.
The outcome has beeri tii4tyiiarvelous testimo- ENCOURAGE: Your Church leader and Senior
Mries. Countless stories hi;atieeii told of God Pastor to attend.
bringing renewal to individua'Ilsi.marriages, fami- SUPPORT: Give so that the means will be made
lies, congregations, and communities. We are available for Church Leaders and or Senior Pas-
greatly blessed to be part of what God is doing tors in need of assistance will have the financial
through them and in the earth today! resources to get to Grand Bahama.

Why did you choose to have the sessains led
by the Inaternational Renewal Ministlies,
a gpoup from outside the Bahamas?
The council sought the help of that organization be-
cause their mission is aimed mainly at helping the
body of Christ, which is the Church, to attain the
unity that Christ intended for His Church and to
heal fractures that result in di'sunity among
Churches. It was also important for the purposes
of this assembly that our Church Leaders and

la this Solemn Assembly only for Churches
that are members of the Bahamas Christian
This Solemn Assembly is for the Leaders and
Senior Pastors of all Christian Churches in The
Bahamas, those that are members of the Baha-
mas Christian Council and those that are not
members of the Bahamas Christian Council.





Review: some PLP members may have 'exerted undue pressure on media in 2006'

and The Tribune to be careful
to be objective when reporting
the news.
The WPR also cited the case
of June 2006 when then For-
eign Affairs Minster Fred
Mitchell publicly criticised the
print media of "twisting" infor-,
mation with inaccurate report-
ing and lack of "balance and
In response, an editorial in
The Nassau Guardian on June
13 stated, "The editorial staff
within this newspaper put a con-
siderable amount of time and
effort into ensuring their reports


We mourn the passing of Iris M. Lennard,
on Wednesday, October 3, 2007. Born in
the United Kingdom, she has been a resi-
dent (belonger) in the Bahamas for almost
50 years. She is survived by her husband
of 69 years, F.H. Lennard. Cremation will
follow a private ceremony. In lieu of flow-
ers, you may make a donation to the char-
ity of your choice in her memory.

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

Civcrside funeral Chapde
.5 "H~here the river lies still.
'SerzTng I he Baha,,as rf th .Pride"
FRANK NM. COOPE.R Funeral Director
"Pro/fi r'n.1i Poge ii W o Canre"

Market Srer'l & Blmini Awenue Cocktbuin Town
P0O. box C" (,-T" S 0 5 aSahl ior, Bahamas
\",rau, Bahama i Telephone:
Telephone 242') 35(T "21 (242) 331-2642
CelluHlar (242) 395-8931

-of Fox Town Abaco and
fonnerly of M hoore's island,
Abaco will' be held on
Saturday, at 10:00 a.m. on
6th October 2007, at St.
Anne's Anglican Church,
Crown Haven. Officiating
will be Fr. Dwight Rolle,
assisted by other ministers
of the Gospel. Interment
will be held at St. Chad's
Anglican Church Cemetery.

She is survived by: are her husband: Anthony Wells;
one son, Anthony Wells. Jr.; one daugher, Antonia
Wells; mother, Joyce Swain mother-iq-lw Ruth Wells;
father-in-law, Erskine Wells; five sisters Rosamae
Davis Sylvia Outten, Ludean Swain, Nalasita Wallace
and ~hanell Gierszewski one brother, osnua Swajnh;
twelve sisters-in-law, Violet and Shavonne Swain,
Alean McIntosh, Diana Wells, Idella Mills, Shirley Wright,
Barbara Williams, Valarie Rolle, Eleanor Burrows nola
Lillian and Vir na Wells; twelve brothers-m-law,
Edison Davis Tavardo Wiallace, Andre Gierszewski,
Clarence Ouuten, Charles Mills, Alohonso Wright,
Augustine Williams Whitney Rolle, Wellington Burrows
Fred, Erskine and Rosevelf Wells; four aunts, Milicent
Johnson Olga and Leonie Russell Lettiemae Jones
Leanza Thompson- four uncles, .eorge and Ronald
Mckenzie, George Russell and Charles Jones five ran
aunts, Loretta Stuart, Arementa Mckenzie, Oliver Mler,
Mable Saunders, and Alma Mckenzie; nieces, pan
Rolle, Darlene and Driscol Davis Rubilee Mitecel, Shian
and Quinisha Cooper, Pinky, Stephanique, Prncess,
Sheryl and Ecita Swain, iner, Twanesha, Pedria,
Dreiesha, Vardesha Micheal a, Varlene, apd Shawni ue,
Roselda. Idamae, Marilyn Edgecombe, Pricilla Mcintsh,
Freda F lowers Lakis.na Taylor Sharon Jones, Tina
Wells, Anita McIntosh, Indira Wells Trenaire Wells,
Zerma Russell, Tamara Rolle, Charlene Mills, Ateka
Maurin, Kadera Gardiner, KeoraArcher Alexis Davot,
Christina. and Augstinique Williams, RFosanne Wells,
Kayla, Withneyanni Valene Rolle; nephews, Rodrick,
Derrick, Elgaar, .Tristan, Je-rrold Marvin Jr., Demetri,
Jenson, Journal, Daren Joseph Richard, Jolilyan, Daniel,
Walter, Carlton Elvis Oswald, Edmond, Rodhney, Frisco,
Demetries, Nadra.Laterio, Allentino, Ivan Trevor, Ulesse,
Fonzie, Tristan, Desmond Collie, Jr. WVendell, Caleb
Wellio and Andqueon; relatives and friends including,
Colleen Colette Roswell Sterlin Rozena, Jonathon
Ozzie, bradley Alladyce, elma, Slarmine and Parrey
Spence of Fortn Lauderdale, Charmine Wells, Elevelyn,
Lovely, Genevie, Rodney Sonia, Naomi, Stevan Pedro,
Quinti, Gerriod, Shawn, Pastor Rolle Nicole, Veronica,
Shameka,.Caterine Williams, Pastor Williams, Lindamae,
Ellis, Lorrine The Laing family, The Annbnrister family,
The Mclntosh family, Tne Russell family, The Dawkins
family The congregat ion of Soul Seeking Ministry,
The Communities o Moores Island, Murphy Town,
Fox Town, Crown Haven. Mount Hope and Wood Cav,
Principal and Teacher of Moore's Isl nd All-Age Schoo.
Viewing will be held at St. Anne'sAnglican Church, Crown
Haven on Friday, 5th October, 2007t from 8:00 p.m until
service time. Funeral arrangement is being handle by
Riverside Funeral Chapel, MarKet Street and BiminiAvenue.

are fair and accurate.
"Mr Mitchell's remarks are
regrettably said without a shred
of evidence."
The report also highlighted
the months long drama sur-
rounding Tribune Managing
Editor John Marquis and the
Department of Immigration.
"Authorities announced that
they had deferred the granting
of a further work permit to
John Marquis managing editor
of The Tribune and a British
citizen. The 62-year-old Mar-
quis claimed he was being vic-
timised for a series of hard hit-
ting articles critiquing the gov-
ernment that he wrote earlier
in the year.
"Noting that Marquis has
been a senior journalist in the
Bahamas for many years with-
out any issue over his work per-
mit, The Nassau Guardian
wrote that the move would only
increase, concerns about the
state of press freedom," the
report said.
It also quotes Oswald Brown,
editor of the Freeport News

who described the possible
revocation of Mr Marquis' work
permit as "an egregious attempt
to intimidate a fellow journal-
In September following a
Labour Department investiga-
tion, the authorities backed
down and issued a one year
work permit.
The WPR also highlighted a
conference held in early May
by the United States Embassy
on a Freedom of Information
Act where Bahamian media
personnel called on the govern-
ment to pass such an act in the
"The journalist spoke out in
support of a local attorney,
Fayne Thompson, who a week
previously had told a radio audi-
ence that it was sad that
Bahamians had to beg politi-
cians to get information that
should be easily accessible to
the public," the report said.
The WPR also highlighted
clashes between international
journalists and government

'Blogging' campaign

FROM page one
late cover girl Anna Nicole Smith, died at Doctors Hospital in
Private pathologist Cyril Wecht said after an autopsy that Daniel
died from a drug cocktail, though the Bahamas authorities have not,
to date, revealed their own toxicology report.
One US source told The Tribune: "There is no doubt that certain
people are working very hard to derail this inquest. They are using
the Internet to claim that witnesses are dropping out and that it will
never go ahead."
Meanwhile, TV personality Rita Cosby's book, Blonde Ambition,
which hit the New York Times bestseller list with' several lurid
revelations about Anna Nicole's life, is set to get another boost this
On Wednesday, the publisher's official launch will take place at
a top New York City hotel attended by several celebrities and a
secret guest who according to PR hype will come as a major
The Times Square Gossip website has revealed that 700 of Cos-
by's friends will be at the "huge bash" with one "special top secret"
"Expect the shock of your life when we send this guest on to the
stage to speak to the crowd," says the website.

Public Notice
This is to advise the public that I, Marilyn Smith is no
longer employed by or affiliated with Global United Ltd. as
of September 29th, 2007. I may be contacted at 393-7374.


On February 7, Defence
Force Officers outside the
Carmichael Road Detention
Center attacked four journal-
ists from Miami.
Reporter Mario Vallejo and
cameraman Osvaldo Duarte,
both from Univision television
and journalist Alberto Tavares
and cameraman Lazario Abreu
from Telemundo had visited the
centre to investigate allegations
of mistreatment of eight Cuban
migrants detained there.
Vallejo received seven stitch-

es just above his eyebrow after
the officers slammed his head
against a car bumper.
According to witnesses the
altercation began when guards
detained Abreu as family mem-
bers and the journalist had just
finished visiting the Cuban
detainees and were leaving the
grounds where cameras are for-
The journalists were held for
several hours and then released
without charge.

FROM page one

cific regions, each report pro-
vides an overview of the year's
events and contrasting with
events of previous years.
The report pointed out that
midway through the year, com-
ments about the political cov-
erage of two of the three daily
newspapers by leading mem-
bers of the PLP generated con-
siderable controversy. In early
May PLP chairman, Raynard
Rigby, publicly warned the pub-
lishers of The Nassau Guardian


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a resident of Flamingo Gardens,
and formerly of Matthew Town,
Inagua, will be held at St.
Joseph's Catholic Church, Boyd
4 Road,on Saturday at 9:45 a.m.
Officiating will be Fr. Martin Gomes, ss.cc. Interment
follows in Lakeview Memorial Gardens, JFK Drive.
Her relatives and friends includes; her husband, Maxwell
Coakley; 3 sons Jerome, Fredrick and Gregory
Coakley; 4 daughters, Bernadette Fox, Elsa McDonald,
Katerianne Williams and Nicola Colebrooke; daughters-
in-law; Tammy and Brenda Coakley; 1 brother, Joseph
Taylor; 3-sisters, Evelyn Henfield, of Freeport Estelle
Ford, Alma Morley of Inagua, 23 grandchildren, 2
greatgrand children; 2 uncles; Thomas and William
Cartwright; 2-aunts, Geraldine Pyfrom and Valerie
Stubbs; 5-Brothers-in-law; Alphonso, George, Phillip
of Canada, Peter of Miami and Anthony Coakley of
Andros; 5-sisters-in-law, Judith Taylor of Freeport,
Stella Coakley of Miami, Eve of Canada, Constance
Coakley, Mary Coakley and Sister Janis Coakley;
numerous grandnieces and grand nephews; other
relatives and friends include, The Coakley family,
The Colebrooke family, St. Joseph's Church family,
The Evans family, The Wdight Family, Ms. Hicente and
family, The Moxey family, The Bowe family, Ms. Olga
and family, The Michlewhite family, Mr. Leahdeir Minis
and family, The King family, Julia Neymour and family,
The Ferguson family, The Ramsey family, Ms. Mckenzie,
Monique Serrett and family, Micheal Swaby and family,
Bahamas Hotel Catering and Allied Workers Union, The
Hilton Hotel family, Christ Community Church family,
Emmanuel Missionary Baptist Church family, Minister
Green, Bahamas Harvest Church family, St. Martin's
Convent, Doctors, nurses and staff of Princess Margaret
Hospital and Lowe's Wholesale, Sansouci House Lyford
Cay, Mt. Tabour Baptist Church, The Falamingo Gardens

Friends may pay their last respects at Demeritte's
Funeral Home, Market Street, from 10:00 a.m.-6:00
p.m. on Friday and on Saturday at the church from 8:45
a.m. until service time.




PAGE 12,i^ FRID 5,2007i^ ^ ^ ^^^ THEinlIii1 I n iTRi niIBUNELC E

FROM page one
the social advances of the last
three decades if timely decisions
are not taken to implement con-
crete plans to improve produc-
tivity and efficiency (within the
ICT market)."
Prime Minister Ingraham not-
ed that during the late 1980's
CARICOM leaders acknowl-
edged the "changing tide in
communications technology"
thus establishing the CTU in
1989 to "assist in propelling our
information and communica-
tions technology into the infor-
mation age to create a knowl-
edge based society."
He said that globlisation and
the world wide web has changed
the world.
He said that much has
changed since the creation of
the CTU, adding that the


absence of competition within
the region's telecommunications
market had significantly ham-
pered the industry's progress.
He stressed the importance
of securing efficient ICTs
because of how dependent
Caribbean economies are on
these services, whether the econ-
omy is primarily engaged in ser-
vice or manufacturing industries.
"The world has shrunk, and if
we are to keep pace, compete
and succeed in today's global-
ized economy we must ensure
that efficient ICTs are available
in our jurisdictions."
Prime Minister Ingraham told
the crowd that the liberalization
of the telecommunications and
subsequently the ICT sector of
The Bahamas "has been slow,"

despite regional reports that by
2005, 90 per cent of the
Caribbean's telecommunications
sector had been liberalized.
He acknowledged that The
Bahamas faced its fair share of
challenges in keeping up with
the international telecommuni-
cations market and called for
the harmonization of regulatory
framework to face these reali-
"These new realities include
the provision of appropriate out-
of-country bandwidth, cross-bor-
der frequency interference,
home number identification
cyber crime, and the provision of
affordable space of our region,"
the prime minister advised.
In order to provide this mass
availability, Caribbean leaders

must provide a "significant
investment" in infrastructure as
well as network technology, as
well as expansion and upgrading
of telecommunications systems,
the Prime Minister said. He not-
ed, however, that these require-
ments are "beyond the capacity"
of governments alone to pro-
Challenging the CTU to
"exploit" its theme of "ICT Har-
monization Enabling Func-
tional Caribbean Integration",
he said this was a way to
improve the standard of living
for Caribbean people in the
global economy.
He commended the efforts of
the CTU for addressing perti-
nent issues in the ICT sector and
encouraged regional leaders to
formulate an updated "frame-
work" for the region as a "tool"
for "new knowledge economies"
in the 21st century.

Teen in juvenile court

on murder charges
FROM page one

Evans on Wednesday for arraignment, however, because he is
a minor and had no parent or guardian present, the matter
was adjourned to yesterday, when authorities located a guardian
to accompany him to court.
It was also revealed in court that the accused had no legal sta-
tus in the Bahamas and was residing with an 18-year-old girl-
friend at the time of his arrest.
Reports indicate that authorities located the juvenile's
guardian in a Family Island on Wednesday.
He was remanded to a special section for juvenile offenders
in Her Majesty's Prison, Fox Hill. Due to the nature of his
crime he could not be housed at the Simpson Penn Centre for
Boys, court officers said.
The case is adjourned to December 7 when a preliminary
inquiry will be held.

Defence Force hunts

for Dominican vessel



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FROM page one
that the boat may have left
Bahamian territory to "hang
out" in nearby international
He said the Defence Force is
"actively trying to get to the
bottom" of the situation and
bring those involved to justice.
Lawrence Smith was one of
three men who approached the
Dominicans in a small boat that
He said that there was one
large vessel, of around 50 to 55
feet, and an estimated 15 small
boats out plying the waters
"Me and two in our small
boat we went alongside them,
we were curious to see what was
going on.
"We picked up the mic for
the VHF and started to call for
the (Westwind) that was
when the Captain came out
with a shotgun and fired off a
round," he said.
The three men there prompt-
ly turned around and escaped
the area.
"When (poachers) first start-
ed coming into the waters....they
saw you and they'd run and go
into the ocean but now they see
you and they're not even scared
of you any more," he lament-
Mr Smith said he does not
believe that the government is
doing enough to tackle illegal
"I want the government to
lock down on it get serious
with it. It's getting out of hand.
"In the next two to three
years young people are going
to be out and trying to make a
living out of fishing and there's
going to be nothing out there,"
he said.
While the Defence force
responded promptly to this inci-
dent, he and another fisherman,
Kendal Carroll, claim that a

major issue is the difficulties
often encountered when
attempting to communicate
with the Defence Force while
out on the high seas.
"We've been going on trip
after trip, calling the Defence
Force and getting no answer,"
said Mr Smith, of previous
Mr Carroll, who claims to
have narrowly missed being
"rammed" by a poaching ves-
sel on a previous fishing expe-
dition said that he usually finds
it easier to get in contact with
the US Coast Guard than the
Defence Force, and has some-
times had to resort to calling
someone on land and asking
them to forward the informa-
tion because radio calls are left
He claimed that Bahamian
fishermen are regularly subject
to harsh penalties for breach-
ing laws that govern marine
resources while foreign nation-
als are getting an easier ride.
He said that "stiffer fines and
jail terms" are needed if the
flow of foreign fishermen into
the Bahamas is to be stemmed.
Speaking of the fishermen's
desire to see poachers punished,
Petty Officer McKinney said:
"We want it just as bad. Dealing
with Dominican fishing vessels
is a cat and mouse game if
we are close we can grab them,
if not they can get out."
However, he explained that
one difficulty with charging sus-
pected poachers is that they
have to be "caught in the act",
or else it is hard to prove that
any catch they might have on
board was caught in Bahamian
Petty Officer McKinney said
that any fisherman who sees
suspected poachers are advised
to call the force's operation
department on 362-1856, which
he claims is manned 24 hours a
day, seven days a week.

leastlonl our

ast on our

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"toI i o ,,

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*ihei rmibune


Shakira in $485m

hotel development,

Tribune Business Editor
bian singer Shakira is among
the principal investors behind
a grandiose $485 million resort
project earmarked for a pri-
vate island in the Berry
Islands, with plans to create an
artistic, music and sporting
The Heads of Agreement for
the project, which were signed
on the Christie-led PLP admin-
istration's last day in office a
day before the general election,
call for the Bonds Cay project
to include an Institute of Hos-
pitality, Institute for Sustain-
able Living, Music and Video
Production Centre and non-
profit Institute for Caribbean
Quite how such ambitious
plans for a remote private island
with no existing infrastructure
will be executed remains to be
seen, let alone whether the
investors who include Shakira
and her boyfriend, the son of
former Argentine president
Fernando de la Rue will
achieve a return on their invest-
ment after incurring such heavy
build-out costs remains to be
One source familiar with the

* Grandiose Berry Islands scheme promises to create 200
construction and 225 full-time jobs
* Plans for Music and Video Production Centre, Institute
for Sustainable Living and Institute for Caribbean Music

project yesterday told The-Tri-
bune that little progress seemed
to have happened since the
Heads of Agreement was
signed, and the development's
size was totally unsuited for the

"It's a Shakira fantasy," the
source said. "She's got people
telling her she can do this, but
the scope is far too big." Many
are likely to feel Bonds Cay is
far more suited to a niche,
upscale, boutique resort.

It is also questionable
whether Shakira and her fel-
low principals have enough
equity and project financing
in place yet to carry out
their Bonds Cay project.
The Heads of Agreement
states: "In anticipation of the
fact that the owner and the
developer are in the early
stages of negotiations with
one or more independent
third party investors with a
view to such investors)
becoming an equity partner
in the project."
The Heads of Agreement
also makes plans for a 14,000
square foot art gallery on
Bonds Cay, which "will be
a premier art gallery of the
Bahamas", and an 85,000
square foot sports centre
"which will have the capa-
bility to host large scale
SEE page 6B

'No pull out'

by BTC bidder

Tribune Business Editor
THE bidder for a 49 per
cent stake in the Bahamas
Telecommunications Compa-
ny (BTC) has "not pulled out"
of thie deal despite enduring a
more than five-month wait to
hear from the new FNM gov-
ernment on whether it wants
to proceed with the privatisa-
tion, The Tribune was told yes-
Philip 'Brave', Davis, attor-
ney for Bluewater Communi-
cations Holdings, said the group
remained "keen" to conclude
the agreement in principle it
had reached with the.former
Christie administration, and was
now waiting to hear from the
new government how they
could proceed.
"They have not pulled out,"
Mr Davis said. "They are still
very keen to carry out the
agreement they had arrived at,
and so they are waiting to hear
from the Government how we
can move forward."
Mr Davis added that the
only direct communication
they had received from the
Government since the May 2
general election was "just that
they will get back to us in due
Bluewater Communications
Holdings had spent two years
negotiating the agreement it
.reached with the Christie gov-
ernment just before May's elec-
tion, and the relative silence on

the privatization by the Ingra-
ham government had started to
fuel erroneous specualtion that
'the deal was over.
Mr Davis said he did not
know whether Bluewater had
set a deadline by when it want-
ed to receive an answer from
the Government.
However, he added: "I do
know they would like to get this
matter behind them sooner
rather than later.
"I don't know how long
they're prepared to hold on, but
I was speaking to them only
yesterday, and they expressed
their keeness to consummate
the agreement."
Zhivargo Laing, minister of
state for finance, who together
with Prime Minister Hubert
Ingraham is responsible for the
BTC privatization, also con-
firmed to The Tribune that
Bluewater remained at the
negotiating table.
"They have made contact
with this office and corre-
sponded with the Prime Minis-
ter's Office. That is as much as
has been done to date," Mr
Laing added.
Asked about the speculation
on Bluewater pulling out, Mr
Laing said: "If they have done
so that would be news to me,
having had them contact me
only last week. I know of no
"The matter remains under
SEE page 4B

Mayaguana developer's Port Authority powers

Tribune Business Editor
THE joint venture company
behind the $1.7 billion project to
develop Mayaguana into a free-
trade zone has been given pow-
ers that rival the Grand Bahama
Port Authority's (GBPA),
including the ability to licence
businesses on the island, and a
host of 20-year investment
incentives for itself and its
The Heads of Agreement for

the project, tabled finally in the
House of Assembly by the
FNM government, confirm via
the powers conferred on
Mayaguana Island Developers
Ltd the 50/50 joint venture
between the Boston-based I-
Group and Hotel Corporation
of the Bahamas that the for-
.mer Christie government
intended to turn the island into
another Freeport, albeit with
government ownership and con-
trol this time.
On the licensing of Bahamian

and foreign-owned businesses
in Mayaguana, the Heads of,
Agreement states: "The Gov-
ernment agrees that Mayaguana
Island Developers shall have
the exclusive and unconditional
right at all times to grant
licences to any licensees."
The only condition that
Mayaguana Island Developers
and its licensees have to abide
by, in an arrangement and rela-
tionship that appears to mirror
that between the GBPA and
its licensees, is that the

licensees still apply to the Gov-
ernment in Nassau for any
approvals and permissions they
Otherwise, the Heads of
Agreement say: "Nothing in
this Agreement shall be
deemed to prevent or restrict in
any way Mayaguana Island
Developers from licensing any
person, firm or company to car-
ry on any lawful business,
undertaking or enterprise with-
in the development on such
terms as Mayaguana Island

Developers shall in its absolute
discretion deem fit and prop-
When it comes to investment
incentives, the Heads of Agree-
ment gives Mayaguana Island
Developers and its licensees a
20-year exemption from real
property taxes, stamp taxes
(including on money remitted
by banks to foreign countries),
all licence fees (including Busi-
ness Licences), taxes upon earn-
ings, interest or dividends, and
"direct fiscal impositions upon

or against earnings".
Other incentives, which the
Heads of Agreement say are
granted under the Bahamas
Investment and Incentives Act
and the Family Island Econom-
ic Enterprise Zones Act, duty-
free importation for 20 years of
all manufacturing supplies
required by industrial firms that
establish themselves in the 9,999
acre development area on
SEE page 6B

Government analyses

revenue performance

* By NEIL HARTNELL No effects from US
Tribune Business Editor
THE Government is con- housing situation
ducting "an analysis of its rev- seen yet, but
enue performance" in the wake 'watching carefully'
of the US 'subprime mortgage'
crisis and global credit squeeze, implications for
the minister of state for finance
said yesterday, and "watching projected $50m
very carefully" to see if it Stamp
impacts Stamp Tax collected Stamp Tax rise

from real estate transaction.
Zhivargo Laing said: "We are
conducting an analysis of our
revenue performance to date to
determine to what extent there
has been an impact.
"I don't see anything yet, but
we are still doing the analysis. I
don't want to be pre-emptive

in our analysis, as we want to
take into account all the things
that could impact revenue, then
isolate what may be the cause."
SEE page

Six bidders in

race for BORCO

Tribune Business Editor

SIX final bidders are in the
running to acquire the Grand
Bahama-based Bahamas Oil
Refining Company Interna-
tional (BORCO) for a sum like-
ly to reach between $600-$700
million, The Tribune was told
yesterday, its parent company
having decided to resume the
sales process.
BORCO had previously been
pulled off the market by its
owner, the Venezuelan state-
owned oil company, PDVSA,
as revealed by The Tribune.
However, the 'on again, off

Final price likely
to be $600-$700m

again' process now appears to
be back on, with the final six
bidders who made it to the
'binding bid' round now back
in the ring, sources told The Tri-
bune yesterday.
Some 52 bidders had initially
submitted indicative bids for
BORCO, but this field has since
been whittled down to six con-
testants in the final round.
SEE page 8B

think you can't afford

a mortgage?
Reality Check.
-g l We have affordable loans with
low down payments,
and terms up to 30 years!
Call us in Nassau at 242 396 4040
or in Freeport at 242 352 3670.
Or log on to www.familyguardian.com today!




I r


Chinese product prices

increase 13-15% for

Bahamian companies

Counsel and Attorneys-At-Law, Notaries Public

The office of Lennox Paton will be
closed on Friday, October 5, 2007 in
observance of our Annual Staff Fun

Normal working hours will resume on
Monday, October 8, 2007.

We apologize for any inconvenience
this may cause.


of things we
think, say or do
1. Is it the TRUTH?
2.Is it FAIR to all
3. Will it build
4. Will it be
all concerned?

to be left sitting in storage, wait-
ing weeks for a boat.
"Delays are always occurring
in the shipping industry, and so
you need to be prepared for
that," Mr Collie said.
Mr Brice added that his com-
pany has a shipment that arrives
at least once every month. To
accommodate this, he said Epic
Battery has to have at its dis-
posal a significant cash flow to
accommodate clearing the ship-
ments when they arrive.
He advised people interest-
ed in shopping in China to take
a pre- buying trip so that they
have an idea of what they are
getting involved in.

Gold Rock Concrete

SS B and Satellite Phones
Auto Pilot, GPS, Compass

Twin 825 HP Detroit Diesel
2 Gcncrators
2 1285 Gals. Fuel Capacity

Location: Lyford Cay

Only serious inquiries can contact
Captain Joseph Moxey at
(242) 426-7958.

i ll l I 'II . . I IpII Il I I ll

Electronic Equipment
(1) Compaq Presario Computer Monitor & Tower
(1) Whirl Microwave
Tec Cash Register
(1) AOC Flat Screen Computer Monitor 19"
(1) Camedia Digital Photo Printer (Olympus)
(1) Sylvania Tower & Monitor
(1) 1520 Epson Stylus Color Printer
Assortment of Beauty Salon Equipment
(1) Food Mixer
(1) Wall TV Stand
(1) Chrome Juice Filler
(1) Multi Fruit Juicer
(1) Chrome Mixer
(1) Deli Showcase
(2) Four Burner Stoves
(1) Filter Pro Engine Coolant Service & Recycling Machine
Carpet Cleaning Machinery & Hoses
Cooking Utensils Pots, Pans & Plates
(1) Janome Monogram/Embroidery Sewing Machine
Tables '
(1) Wood Table (Round)
(1) Marble Table (Rectangle)
(1) 03 Yumbo 125cc Motorbike
(1) Two Door Chest Freezer
(1) One Door Chest Freezer
(1) Blue Coleman Cooler
(2) Double Door Coolers
(1) Three Door Cooler
(1) Double Door Refrigerator
LOCATION: Inland Steel, Summer Street off Soldier Road, Nassau, Bahamas
Directions: Exit Abundant Life Road turn right onto Soldier Road then the first left
onto Summer Street ninth two storey white & blue building on the left
Dates & Times: 10:00am 5:00pm Friday, October 5, 2007 -
9:00am 1:30pm Saturday, October 6, 2007
All assets are sold as is where is for cash, cashier's cheque.
No purchases) will be released until paid in full.
For additional information telephone 327-5780, The Bahamas Development Bank
reserves the right to reject any or all offers.


* Septic Tanks -..Sea Wall Blocks

* El vated Housing

' Concrete Docks Safiitary Manholes Patio Pavers
Storm Drain Structures
Fabricated Steel Reinforcing
Ornamental Concrete Portable Toilets

Gold Rock Corp., Ltd.

Phone: 351-9349
43 Fair eld Business Park, Grand Bahama Highway, Freeport, Grand Bahama

UBS Bahamas, a leading global wealth manager, will be implementing an application to
provide back-office support for derivative products. We are therefore looking for a Business
Analyst (BA) to assist in the implementation and support of a new Banking System. The
position will be on a consultancy basis for a period of 7 9 months:

Derivatives System Implementation Project Business Analyst
at UBS Bahamas
Specifically, the Business Analyst will work with vendor resources, local resources, and
.management to:
Get training and train others on the selected application's functionality
Test existing application functionality
Adapt current business processes to the new system
Identify functionality gaps
Work with global resources as necessary to integrate into UBS environment
Identify opportunities for process improvements
Create functional specifications for vendor and internal resources
Provide initial testing of vendor enhancements
Design and develop data extracts for reports and interfaces
Assist in development and testing of data migration plan
Assist users in UAT
Minimum Requirements:
BA/BS in finance, accounting, math, engineering, or computer science
Broad experience (5+ years) in Private Banking and/or Investment Banking
Solid foundation of traditional banking products and backoffice processing, specifically:
Equities, Fixed Income, Mutual funds, Foreign
Exchange, Deposits and Loans
Good understanding of derivatives products and backoffice processing, specifically:
Exchange traded futures on Commodities, Interest Rates, Equities and Equity
FX forwards and NDF's
Exchange traded options, FX and Bond Options
Interest Rate Swaps and Total Return Swaps
Project management Experience
Experience with system implementations
Excellent analytical skills
Written applications should be addressed to:
hrbahamas@ubs.com or UBS (Bahamas) Ltd.
Human Resources
P.O. Box N-7757
Nassau, Bahamas

Tribune Business Reporter
THE Chinese government's
decision to eliminate the export
tax examination may cause
Bahamian businesses to consider
switching from that country to pur-
chasing their supplies in the US.
Aaron Brice, Epic Battery's
president, told a forum on con-
ducting business in China that
the move was causing the cost
of some Chinese-made prod-
ucts to increase by as much as
13-15 per cent, a cost Bahamian
firms now have to absorb.
He appealed to the Chinese
ambassadorto the Bahamas that

this was something his govern-
ment might consider reversing.
Mr Brice, who has been pur-
chasing supplies in China for
the last two years, and Rodney
Collie, IT manager at Global
United, warned that planning
was essential when conducting
business in China.
In particular, Mr Collie said
shipping times could vary from
30 days to 60 days.
He added that those times
have to be coupled with the
production time it takes to fill
an order, which in turn needs
to be coordinated with the
schedule of the shipping vessel
so that the order does not have

For Sal


LO.A. 55' 8"
Convertible Sport Fisher
193., Hatteras
13" Boson Whaler W.
50 HPEnvminndc

I State Room
1 Guest Cabin
I Crew Cabin
Kitchen+ Main Saloon

Vesl is igi temd un
Diablandfl h*





'* ';'"-'*".s



Bahamas is China's sixth

largest Caribbean partner

Tribune Business Reporter
The Bahamas is China's sixth
biggest trading partner in the
Caribbean, the Bahamas Cham-
ber of Commerce's first vice-
president has revealed, with this
nation having only just begun,
to scratch the surface of poten-
tial economic and trading
opportunities between the two
Khaalis Rolle told persons
attending a Bahamas-China
Friendship Association seminar
to discuss'business opportuni-
ties between the two nations that
trade between China and the
Caribbean totaled almost $4.5
billion. *
He said there was tremen-
dous potential to attract Chi-
nese visitors to the Bahamas,
but said that if this was to be
viable, then the current visa
hindrances for Chinese per-
sons visitors must be
addressed so that the two-
month waiting time is signifi-
cantly reduced.


Mr Rolle suggested that a
Bahamas-based travel agency
located in China would be a
tremendous asset in driving
visitor arrivals from that
He added that more oppor-
tunities for Bahamians to par-
ticipate in the Chinese economy
needed to be explored.
Mr Rolle said the Bahamas
could play a bigger role in the
Chinese financial services indus-
"There is a huge wealth pop-
ulation in China which needs to
be tapped into, and there is no

Pottery Classes
New Providence Community Centre
Blake Road
Ph#:525-7857, 327-1660
Starting Saturday, 13 October
Wednesday, 17 October

reason why we could not offer
our financial services to the
island," he added.
Another virtually untapped
area, he said, was agriculture.
If developed properly, Mr Rolle
said this area could become a
vibrant and viable third pillar
of the Bahamian economy.

He added that there was no
reason why the Bahamas
could not benefit from the
technology China had applied
in their country 'and use it to
improve Bahamian farming
Mr Rolle said the Govern-
ment needed to be pressed to

NOTICE is hereby given that GREATSON JEAN of
the Minister responsible for Nationality and Citizenship,
for registration/naturalization as a citizen of The
Bahamas, and that any person who knows any reason
why registration/ naturalization should not be granted,
should send a written and signed statement of the facts
within twenty-eight days from the 5TH day of OCTOBER,
2007 to the Minister responsible for Nationality and
Citizenship, P.O.Box N-7147, Freeport, Bahamas.


Financial Intelligence Unit


Applications are invited from suitably qualified persons for the post of Legal Counsel at the
Financial Intelligence Unit (the "FIU").
The holder of the position will be responsible for the provision of legal advice to the Director
and the Financial Intelligence Unit relative to its functions under the Financial Intelligence
Unit Act 2000.
The Director of the Financial Intelligence Unit;
The successful applicant must:
1. Be appointed in writing by the Minister responsible for the administration of the
Financial Intelligence Unit Act 2000.
2. Be a Counsel and Attorney-At-Law in the Commonwealth of The Bahamas, called to
The Bahamas Bar with 5 years of legal or relevant experience.
1. Responsible for ensuring that the Financial Intelligence Unit is kept abreast of legislative
developments relative to its functions.
2. Responsible for making recommendations to the Director relative to the legal issues
affecting the Financial Intelligence Unit.
3. Responsible for liaison between the Financial Intelligence Unit and the Office of the
Attorney General relative to legal issues affecting the Financial Intelligence Unit.
4. Responsible for the provision of training of industry participants in the Financial
Services Sector in accordance with the provisions of the Financial Intelligence Unit
Act 2000.
5. Responsible for drafting of legal documents for Memoranda of Understanding between
the Financial Intelligence Unit and foreign Financial Intelligence Units.
6. Responsible for assisting with other duties relative to the proper functioning of the
Financial Intelligence Unit as required by the Director.
1. Five years call to The Bahamas Bar
2. Experience in Compliance, Civil, Criminal & Corporate Law, Assets Tracing and
3. Excellent attitude, punctuality and attendance.
1. Competitive salary commensurate with experience
2. 15% gratuity upon successful completion of contract.
Interested persons should submit their applications and resumes in writing along with the
relevant certificates, on or before 11't October 2007, to:
Anthony M. Johnson
Financial Intelligence Unit
P.O. Box SB 50086
Frederick Street
Nassau, Bahamas

facilitate opening up as many
avenues of investment as pos-

FirstCaribbean g y C

FirstCaribbean is a major Caribbean Bank offering a full range of V
market-leading financial services in Corporate Banking, Retail Banking, Credit
Cards, Wealth Management, Capital Markets and Treasury. We are the largest
regionally listed bank in the English-speaking Caribbean with over 3,500 staff,
100 branches and banking centres, and offices in 17 regional markets, serving
800,000 active accounts. We are looking to fill the following positions:

* Oversees and manages Accounts Payable
regionally for all of FirstCaribbean, and
includes the development, implementation
and ownership of a fully integrated Accounts
Payable system
* Creates and administers all Accounts Payable
procedures, controls, policies and
implements changes where required while
working closely with Sourcing, Premises and
Human Resources
* Responsible for regional vehicle management
* Minimum of 7 years' experience in
progressively more responsible Accounts
Payable activities
* Minimum of 3 years' managerial experience
is required

* Experience in the banking sector, ideally in
the Caribbean or Latin America
* University degree in relevant discipline;
accounting designation, or equivalent
accreditation; Six Sigma experience will be
an asset
* Proven leadership and management skills
* Strong financial analysis and business process
* Good negotiation and conflict management
* Excellent verbal, written, organisational,
communication and interpersonal skills
supporting an ability to deal effectively with
all levels of management, staff and suppliers
* Experience in developing and implementing
Accounts Payable policies and processes in a
similar multi-location, regional environment
* Ability to speak Spanish an asset

I H.E O UI.NG i biii. in jaimj--)

* Develops and implements appropriate -
sourcing strategies, policies and procedures
to support the Bank regionally
* Provides expert-level consultative advice and
ensures compliance with supply .
management standards, policies and
procedures, and ethical practices
* Structures and negotiates supply agreements
and manages supplier relations and
* elects, maintains and manages a supplier
base that is financially sound, technically
competent and strategically aligned; as well
as maintains metrics for process
improvement, supplier management and
management reporting
* Develops the team by sourcing intelligence in
key market sectors including international
* Ensures that commercial, financial and
service delivery risks are mitigated wherever
possible, and that all Sourcing activities are
compliant with current financial and risk
management policies

* At least 12 years' experience in progressively
more responsible diversified Supply
Management activities
* Minimum of 5 years' managerial experience
is required
* 5 years' experience in the banking sector,
ideally in the Caribbean or Latin America
* University degree in relevant discipline; ISM
or equivalent accreditation an asset
* In-depth knowledge and understanding of
supply management practices, contract law
and the laws of competitive bidding
* Proven management abilities
* Experience in General Business, Operations
Management, and Supply Management
* Supply management experience at a
leadership level; strong financial analysis and
business process capability. Six Sigma
experience will be an asset
* Excellent negotiation, contracting and
conflict management skills
* Exceptional analytical and business problem
solving skills
* Ability to speak Spanish an asset
* Demonstrated success in leading
negotiations with suppliers to develop
win/win strategic relationships, and to
influence and manage competing interests in
a professional manner

NOTICE is hereby given that SOPHIA AUGUSTIN of
OKRA HILL, 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 28TH day of SEPTEMBER, 2007 to the Minister
responsible for Nationality and Citizenship, P.O.Box N- 7147,
Nassau, Bahamas.

Appraisal Report

of property known as

"Maxwell House"

Nassau, Bahamas
21 May, 2007

Interested persons should submit offers in writing addressed to:

The Manager, Credit Risk Management-Collection Unit
P.O. Box N-7518, Nassau, Bahamas
To reach us before November 9, 2007

Serious Enquires Only

Dowdeswell Street
Behind Scotia Bank
Tel: 322-I 103
Monday Friday



We offer an attractively structured compensation and reward package as well as
performance bonus.
Address applications with detailed resum6 no later than 3rd October 2007 to:

WarrenffSm jichel
To ( 4 ) 67 1 02(I I ]H R 0 I 1 ER
-1-m il: ana, illaiii~firtcarbbeint)ink*o *
Ony ppicnt w o reshrtlile il b Cl~ctd

'No pull out' b BTC bidder





This position requires in-putting of ship-
ments, inventory, office work and the ability
to implement new company procedures.

A great package will be offered to the
successful candidate


Must be hard working, enthusiastic and want
to be a part of a winning team. Be willing to
give 100%ctistoiiiei-satist',ictioitaitdsei-vice.
Jeivellery experience is a plus. But not


Entry level position to gift wrap and learn
An exciting career Nvith rooni to grow.

All positions require hard working, positive.
enthusiastic candidates.

Please send a resume, photo and references to
the following address:


L Nassau

FROM page one
Yet with Bluewater having
now spent some two-and-a-half
years on the BTC privatization
with no conclusion yet in sight,
every day that drags by with-
out a firm answer from the
Government will increase the
danger that the bidder's frus-
tration becomes too much and it
All mergers, acquisitions and
commercial deals have a time
when they are 'hot', but if busi-
ness is not concluded and the
deal sealed during that period,
they often go 'cold' and prove
difficult to revive.
The Bahamas has been
attempting to privatise BTC for
almost a decade now, a process
that has cost more than $150
million, spanned three govern-
ments, and involved one previ-
ous failed, attempt in 2003. The
continued failure to conclude
this is likely to reflect badly on
this nation in the eyes of the
international telecoms and
investing community.
The failure to privatise has
also hit the other arm of the

Government's telecoms sector
policy, liberalisation/deregula-
tion. The former administration
attempted to restrict the com-
petition provided by IndiGo
Networks, BTC's only legal
fixed-line voice services com-
petitor, and Cable Bahamas to
preserve BTC's value in a pri-
vatisation exercise.
As the privatization attempts
drag on, lack of choice, plus
BTC's relatively high prices and
poor service, continue to impact
the cost of doing business in the
Bahamas, particularly the inter-
national sectors of the econo-
my upon which this nation
largely depends.
And without being readied
for a competitive environment,
BTC's competitiveness and
profitability are being eroded
by the day, particularly on fixed-
line voice, by the likes of Skype,
Vonage and other Voice over
Internet Protocol (VoIP)
These providers all use BTC's
infrastructure to carry their traf-
fic, but not a cent accrues to
BTC, as its rates are undercut
and it is bypassed by Bahamian

With Cable Bahamas winning
the Internet battle, BTC is now
heavily reliant on its cellular
monopoly to preserve its prof-
itability and prevent it from
becoming another Bahamasair.
Yet this monopoly stifles con-
sumer choice and service, and
aggravates prices.
The PLP Government had
initially sought $250 million for
a 49 per cent BTC stake, with
Bluewater only prepared to pay
$225 million. An arrangement
was worked out where Bluewa-
ter would pay $220 million up
front, a further $35 million at
the end of the five-year cellular
monopoly, and a final $5 mil-
lion in the sixth year for a
total of $260 million.
The $260 million price was
double the amount offered by
the leading bidder in the failed
2003 privatization process,

Bluewater's principals are ex-
Time Warner executive, Roger
Ames, and former NTL chief
financial officer John Gregg.
Also among Bluewater's prin-
cipals is Andrew Sukawaty,
chairman and chief executive
of Inmarsat, the global satellite
communications company. He
is a non-executive director of
02 plc, one of the UK's largest
mobile operators.
Between 1996 and 2000, Mr
Sukawaty served as president
and chief executive of Sprint
PCS, one of the US largest
mobile phone providers. He
grew the business from a start
up to a company with 9.5 mil-
lion subscribers and $6.6 billion
of revenue during this period.
Another Bluewater principal
is Carlos Espinal, chief execu-
tive of TSIT, the national tele-
phone company of Trinidad &




Notice is hereby given that an Extraodinary general
meeting of the Shareholders of the above-named
Company will be held on Monday. October 15, 2007 at
3p.m. at the British Colonial Hilton Hotel, No. 1 Bay
Street, Nassau, Bahamas.

The Agenda item:

1. Tiet appointment Q 4iaquiidatotr f6r the above Complay.'



Road to City Dump after Premix


I. .1

EFG fBank & Trust (Bahamas) Ltd

Client Relationship Officer, Vice President

EFG International a global private banking group headquartered in
Zurich is Switzerland's 3rd largest public bank as measured by Tier One
Capital, with over 89 billion in client's assets under our care. We operate
in over 40 locations around the globe with more than 450 experienced
client relationship officers. EFG offers a unique and compelling value
proposition that is ideally suited to provide solutions for the sophisticated
private and institutional investors.

EFG Bank & Trust (Bahamas) Ltd with over one full year of operation in
The Bahamas continues to expand as evidenced by its new premises at
the Centre of Commerce, 1 Bay Street. EfG Bahamas has over 35
experienced professionals and offers a full suite of private client solutions
for wealthy clients around the globe. Our unique corporate culture attracts
the most entrepreneurial and most experienced professionals in the industry.
To learn more about our unprecedented growth over the past few years,
please visit www.efgintemational.com

We are looking for seasoned financial professionals with at least 10 years
of sales and marketing experience in providing financial solutions to high
net worth clients and companies. Specifically, we require a professional
fluent in Spanish and Portuguese to market into the Latin America market,
however candidates marketing into other regions will also be welcome to
join our team. The candidates must possess a solid knowledge of investments,
banking and trust services. The ability to service and grow your own
client book is extremely important. EFG provides a unique and uninhibited
global marketing opportunity, an open architecture platform, and multiple
booking centres.

The successful candidates must have a university degree, and possess or
be enrolled in either the Series 7, CSC, or UK equivalent. The individuals
must have the required qualifications and accreditations to be registered
with The Bahamas Securities Commission. The flexibility to go on frequent
business development trips and work within very tight deadlines is also
a necessity.

EFG offers an attractive compensation plan that includes salary, benefits
and a bonus structure directly related to profitability. Salary will be
determined by experience, & qualifications.

Interested and qualified applicants must submit applications by October
19, 2007 to:

Human Resources
Centre of Commerce, 2nd floor
1 Bay Street
P.O. Box SS 6289
Nassau, Bahamas
Fax (242) 502 5428

Financial Intelligence'Unit


The Financial Intelligence Unit ("the FIU"), in collaboration with
several other government departments and regulators for the financial
services in The Bahamas, is working on the development of a National
Strategy for the Prevention of Money Laundering and the
Financing of Terrorism (the "Strategy") in and through the financial
system of The Bahamas.

Input from the general public, and stakeholders in the financial
services industry, is critical to the success of this project. A detailed
survey, designed to facilitate collection of the requisite information
from both the public and private sector, is currently underway.

In an effort to further educate all stakeholders on the Strategy, the
FIU will be holding a seminar on 15th October 2007, at the British
Colonial Hilton Hotel, Bay Street, Nassau, Bahamas, from 8:30
a.m. to 12 Noon.

Admission is free, however, seating is limited to one person per
organization. Those organizations wishing to attend this seminar
should provide the FIU, by 5th October 2007, at the latest, with the
names of their designated representatives, by calling or forwarding
same to the following address:

Financial Intelligence Unit
3rd Floor, Norfolk House
P.O. Box SB-50086
Nassau, Bahamas
Tele: 242-356-6327/242-356-
Fax: 242-322-5551
E-mail: director@fiubahamas.bs




Government analyses


FROM page one
The global credit squeeze
resulting from the 'subprime'
lending crisis and US housing
market downturn has raised
fears that the Bahamian real
estate and second home mar-
ket may be negatively impacted,
as foreign purchasers, are
impacted by having less access
to financing and less disposable
income and wealth.
Apart from impacting the
real estate industry and
Bahamas-based mixed-use
resort projects, the situation
may also negatively harm gov-
ernment revenues and its pro-
jections for fiscal 2007-2008.
In its 2007-2008 Budget, the
Government projected that one
of the areas to experience the
greatest revenue rise would be
Stamp Tax earned from real

e performance

estate deals worth more than enues we have Stamp Tax as
$250,000, with revenues more well as other revenues."
than doubling. Mr Laing said the credit
The Government is project- squeeze and US housing market
ing that it will earn $98.187 mil- situation not only had implica-
lion from these high-end real tions for Bahamas-based real
estate deals in fiscal 2007-2008, estate transactions, but might
more than double the $47.257 also harm tourism-related taxes.
million projected for this year, If US residents felt less
an increase of $50.93 million, wealthy and had less disposable
This is one of the biggest income, Mr Laing added, they
forecast increases for any rev- were unlikely to travel or take
enue category, yet it could have vacations.
been jeopardised by the global "Clearly, we have to be vigi-
credit squeeze. lant about what is happening,"
Mr Laing said yesterday of the minister said. He pointed
the Stamp Tax issue and credit out that tourism arrivals to the
squeeze: "Clearly, it's some- Bahamas had been "slow for at
thing we're looking at and least a year now", and there
watching very carefully. At the were fresh questions over
moment, we are holding fast to whether the Western Hemi-
the forecast. sphere Travel Initiative's
"[But] we are watching that (WHTI) passport requirements
very carefully to see to what were having an additional
extent it impacts on the rev- impact.

Lot #30 comprising 8,237 sq.ft. and situated 186 ft. eastwardly from
the Main Eleuthera Highway in the Settlement of Lower Bogue,
North Eleuthera Bahamas.

Utilities: Electricity, Water and Telephone

For conditions of the sale and any other information,
please contact: Credit Risk Management Collection Unit
Phone: 356-1685 or 356-1608, Nassau, Bahamas
Interested persons should submit
offers in writing addressed to:
The Manager, Credit Risk Management Managing Director's
|, Office P.O. Box N-7518, Nassau, Bahamas ,.
Offers should reach our office on or before November 16, 2007

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

For condition of the sale and any other information please contact
Credit Risk Management Managing Director's Office at:
356-1685 or 356-1608
Interested persons should submit offers in writing addressed to:.
The Manager, Credit Risk Management Managing Director's Office,
P.O. Box N-7518, Nassau, Bahamas
Offers should reach our office on or before November 16, 2007


Lot #90-H comprising 15,751 sqft. and situated on the western side of the
main eleuthera highway and approximately 2,219 ft. northerly of four-for-
nothing road in the Settlement of Lower Bogue, North Eleuthera,Bahamas.
Infrastructures are in place.
For conditions of the sale and any other information, please contact:
Credit Risk Management Collection Unit
Phone: 356-1685 or 356-1608, Nassau, Bahamas
Interested persons should submit offers in writing addressed to:
The Manager, Credit Risk Management Managing Director's Office
P.O. Box N-7518, Nassau, Bahamas
Offers should reach our office on or before November 16, 2007


Lot #90-G comprising 18,926 sq.ft. and situated on the western
side of the main eleuthera highway and approximately 2,219 ft.
northerly of four-for-nothing road in the Settlement of Lower
Bogue, North Eleuthera, Bahamas.

Infrastructures are in place.

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

Interested persons should submit offers in writing addressed to:

The Manager, Credit Risk Management Managing Director's
Office P.O. Box N-7518, Nassau, Bahamas

Offers should reach our office on or before November 16, 2007

Lot #90-E comprising 16,521 sq.ft. and situated on the western side
of the main eleuthera highway and approximately 2,219 ft. northerly
of four-for-nothing road in the Settlement of Lower Bogue,
North Eleuthera, Bahamas.

Infrastructures are in place.

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

Interested persons should submit offers in writing addressed to:
The Manager, Credit Risk Management Managing Director's Office

P.O. Box N-7518, Nassau, Bahamas
Offers should reach our office on og before November 16, 2007


Lot #90-C comprising 21,430 sq.ft. and situated on the western
side of the main eleuthera highway and approximately 2,219 ft.
northerly of four-for-nothing road in the Settlement of Lower Bogue,
North Eleuthera, Bahamas.

Infrastructures are in place.

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

Interested persons should submit offers in writing addressed to:

The Manager, Credit Risk Management Managing Director's
Office P.O. Box N-7518, Nassau, Bahamas

Offers should reach our office on or before November 16, 2007


Lot #90-B comprising 22,376 sq.ft. and situated on the
western side of the main eleuthera highway and
approximately 2,219 ft. northerly of four-for-nothing road
in the Settlement of Lower Bogue,
North Eleuthera Bahamas.

Infrastructures are in place.

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

Interested persons should submit offers in writing addressed to:

The Manager, Credit Risk Management Managing Director's
Office P.O. Box N-7518, Nassau, Bahamas

Offers should reach our office on or before November 16, 2007.






developer's Port

Authority powers

FROM page one
The agreement provides,
though, that these exemptions
only apply to products export-
ed from Mayaguana or sold
to visiting cruise ship and
yacht-passengers that are not
classified as "consumable
The Heads of Agreement
defines "consumable stores"
as anything imported into
Mayaguana for personal use
or sold for personal use.
Twenty-year customs duty
exemptions are also granted
for a whole host of equipment,
and material necessary to fit
out factory plants and for con-
The Mayaguana Heads of
Agreement also allows for
Mayaguana Island Develop-
ers, after complying with its
obligations and completing
the initial build-out, on the
18th anniversary of the agree-

ment's signing to apply for
these exemptions to be
extended for a period rang-
ing from five to 15 years.
"The Government recog-
nises that the exemptions and
incentives set forth... a are of
paramount importance to
Mayaguana Island Develop-
ers to enable the company to
achieve its goal of develop-
ing Mayaguana as a
resort/second home destina-
tion, with viable commercial
and industrial sectors com-
petitive with other premier
destinations/mixed-use com-
munities," the Heads of
Agreement says.
The agreement also says
that Mayaguana Island Devel-
opers will look to develop the
island as a port of call for
cruise ships, with the Hotel
Corporation helping "in
attracting a cruise operator of
sufficient standing and inter-
national repute".

FROM page one
Among the sports centre's
facilities will be six tennis
courts, a soccer pitch. and
Olympic-size swimming pool,
but exactly how persons will
get to Bonds Cay for these
activities and why they would
want to undertake such a jour-
ney in the first place was not
The-Heads of Agreement for
the Bonds Cay project, which
was tabled in the House of
Assembly by Prime Minister
Hubert Ingraham on Wednes-
day, said that Shakira and her
investor group had acquired the
island from Hurricane Hole Ltd
on November 23, 2005, with this
deal amended on March 19,
It is thought the purchase
price was around $16 million,
as this is the listing price for
Bonds Cay on the website of

Sothebys, the international real-
The Bonds Cay development
is projected to employ 200
workers at the construction
peak, and is forecast to provide
225 permanent jobs when fully


The first phase of Bonds
Cay's development, which is
due to involve a $205 million
investment, is'.planned to fea-
ture 135 residential lots rang-
ing in size from 0.4-5 acres; a
23,000 square foot luxury bou-
tique hotel of between 40-50
rooms that does not exceed two
storeys; 65 club villas (15 of
which are for artists in the Res-
idence programme); a 143,500
square foot platform; and 59,
000 square foot Island Club,
featuring two swimming pools

and tennis courts.
Phase I will also feature a
marina with 100 boat slips, able
to accommodate motor boats
and yachts ranging from 30-150
feet. Three helipads and two
seaplane docks are also
To accommodate permanent
residents working at the Bonds
Cay development, the Phase I
construction will also involve
building a multi-purpose com-
munity building, public access
dock, market and convenience
store, boat storage for up to 50
boats, and a bone fishing facili-
ty that is to be owned and oper-
ated by Bahamians.
Phase II, according to the
Heads of Agreement, is due to
start after Phase I's end and will
involve a capital investment of
$195 million.
This phase will include 72 res-
idential units covering 110,000
square feet; a 154,000 square

foot platform; art gallery, 50
artist units and 30 artist studios;
sports centre; and 260,000
square platform.
Some 51 units will be added
to the worker and permanent
resident accommodation, along
with a clinic, "worship centre",
Day Care facility for children;
farm; and equestrian centre and
horse stables.
A 13,000 square foot retail
area will be owned and operat-
ed by Bahamians.
The final Phase III construc-
tion, involving an $85 million
investment, is due to take two
years and start when Phase II is
This, will involve fractional
units covering 102,000 square
feet; 23,000 square foot
amphitheatre; 51 permanent
residential units; 123,000 square
foot platform; Music and Video
Production Centre; and Insti-
tute of Hospitality.

NOTICE is hereby given that WISLEY MASSILLON of WEST
to the Minister responsible for Nationality and Citizenship,
for registration/haturalization 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 28TH day of SEPTEMBER, 2007 to the Minister
responsible for Nationality and Citizenship, P.O.Box N- 7147,
Nassau, Bahamas.

NOTICE is hereby given that YVON DUVERSE of MONTEL
HEIGHTS, 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 28TH day of SEPTEMBER, 2007 to the Minister
responsible for Nationality and Citizenship, P.O.Box N- 7147,
Nassau, Bahamas.

Legal Notice

eCo Development Limited
In Voluntary Liquidation

Notice is hereby given that in accordance with Section 138
(4) of the International Business Companies Act, 2000,
eCo Development Limited is in dissolution as of
September 25, 2007.

Dr. Felix Fischer, Limmatquai 94, 8023 Zurich,
Switzerland, is the Liquidator.



1.78 0.54 Abaco Markets 1.65 1.65
11.74 11.00 Bahamas Property Fund 11.60 11.60
9.55 7.51 Bank of Bahamas 9.55 9.55
0.85 0.70 Benchmark 0.85 0.85
3.74 1.55 Bahamas Waste 3.73 3.73
2.58 1.20 Fidelity Bank 2.58 2.40
11.02 9.55 Cable Bahamas 11.00 11.00
3.15 1.80 Colina Holdings 3.15 3.15
16.25 11.91 Commonwealth Bank 16.25 16.25
7.22 4.70 Consolidated Water BDRs 6.06 6.11
2.76 2.20 Doctor's Hospital 2.35 2.35
6.40 5.54 Famguard 6.30 6.30
12.80 11.51 FInco 12.80 12.80
14.75 13.82 FirstCaribbean 14.75 14.75
6.10 5.18 Focol (S) 6.10 6.09
1.00 0.54 Freeport Concrete 0.70. 0.70
8.49 7.10 ICD Utilities 7.25 7.25
10.05 8.52 J. S. Johnson 10.05 10.05
10.00 10.00 Premier Real Estate 10.00 10.00

.' : ''
4 1 00


-14.25 Bahamiias supermarkets
6.00 Caribbean Crossings (Pref)
0.20 RND Holdings

4 1 00 ABDAB
14.00 Bahamas Supermarkets
0.40 RND Holdings

1.3087 Colina Money Market Fund
2.9449 Fidelity Bahamas G & I Fund
2.4687 Collna MSI Preferred Fund
1.1923 Collna Bond Fund
11.2129 Fidelity Prime Income Fund

NOTICE is hereby given that ERADOR DORVILUS of
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 28TH day of SEPTEMBER, 2007
to the Minister responsible for Nationality and Citizenship,
P.O.Box N- 7147, Nassau, Bahamas.


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

(In Voluntary Liquidation)

Notice is hereby given in pursuance of Section 250(2) of The
Companies Act, 1992 that a General Meeting of the members
of the above-named Company will be held at Roberts Isaacs
& Co., The Rigamo Building, Bay Street and Victoria Avenue,
Nassau, N.P., Bahamas on the 10th day of September, A.D.,
2007 AT 10:00 o' clock in the forenoon for the purpose of
having an account laid before them, showing the manner in
which the winding up has been conducted, and the property of the
Company disposed of, and hearing any explanation that may be
given by the Liquidator, and also determining by a resolution of
members pursuant to Section 235(b) of The Companies Act,
1992 the manner in which the books, accounts and documents
of the Company, and of The Liquidator thereof, shall be
disposed of.
Dated the 10th day of August, A.D., 2007



650 0.094
1,000 1.502
400 0.733
7,000 0.275
1,500 0.051
1,000 0.996
5,000 0.208
30,000 0.364




Bid $ Ask $ Last Price Weekly Vol. EPS $ Div $ P/E Yield
1. bO 10.00 1 ILO 1.5.5 770/



____ 'II tfl'IV~YL.

41 00


41 00

4 450

1.1z25 13.9
0.480 NM
0.000 N/M
2 750 9 0
1.485 13.9
0.000 N/M

13NA V1 YTD% Last 12 Months Dlv $ Yield %

6 0-' :

BISX ALL SHARE INDEX 19 Dec 02 1.000.00 MARKET TERMS YIELD.- last 12 month dividends divided by closing price
52wk-HI Highest closing price In last 52 weeks Bid $ Buying price of Colina and Fidelity
52wk-Low Lowest closing price In last 52 week, Ask $ Selling price of Collna and fidelity 28 September 2007
Previous Close Previous day's weighted price for daily volume Last Price Last traded over-the-counter price 30 June 2007
Today's Close Current day's weighted price for daily volume Weekly Vol. Trading volume of the prior week "" 30 September 2007
Change Change In closing price from day to day EPS $ A company's reported earnings per share for the last 12 mths ** 31 July 2007
Dally Vol. Number of total shares traded today NAV Net Asset Value
DIV $ Dividends per share paid In the last 1? months N'M Noi Moean.'.ful
P/E Closing price divided by the last 12 month emlins FINDX The Fidelity Bahama. Stock Ind.x January 1, 1994 100
S) 4-for-1 Stock Split Effective Data 8/8/2007


NOTICE is hereby given that RENE PIERRE OF WEST END,
P.O. BOX F-40283, GRAND BAHAMA, BAHAMAS, is applying
to the Minister responsible for Nationality and Citizenship,
for registration/naturalization as a citizen of The Bahamas,
and that any person who knows any reason why registration/
naturalization should not be granted, should send a written and
signed statement of the facts within twenty-eight days from the
28TH day of September, 2007 to the Minister responsible for
Nationality and Citizenship, P.O.Box N-7147, Freeport, Bahamas.

NOTICE is hereby given that KADIAN HANSON of
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 28TH day of SEPTEMBER, 2007
to the Minister responsible for Nationality and Citizenship,
P.O.Box N- 7147, Nassau, Bahamas.

NOTICE is hereby given that JASON DIAS of CARMICHEAL ,
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 28TH day of SEPTEMBER, 2007
to the Minister responsible for Nationality and Citizenship,
P.O.Box N- 7147, Nassau, Bahamas.

NOTICE is hereby given that ELION MASSILLON of WEST
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 28TH day of SEPTEMBER, 2007 to the Minister
responsible for Nationality and Citizenship, P.O.Box N- 7147,
Nassau, Bahamas.

Looking For A



Responsible for two other staff

members, also other aspects of the

office includes Accounts Payable

and Receivable Plus Inventory.

Experience Not A Must

Salary Is Based On Experience

Send Resumes

To Human Resource Department

P.O. Box N-7675

Shakira in $485m

hotel development


" A-J-

..... ,....=..

) 11 1--I ,I I )-'-a -


L' :





.* dao






Sylvia Does It Again

south dealer.
orth-South .vulnerable.
*98 765
*Q10753 4642
V654 IVQ109832
K J104 *Q
4.Q *A 109

th West


openingg lead six of hearts.
Personally, I never subscribed to
he notion held by most members of
he club that Sylvia's amazing tri-
umnphs were based only on good
I always felt there had to be at
least a modicum of skill present -
even though I could not prove it-- to
account for some of the more
remarkable results she achieved.
.Most members contended, how-
yef, that Sylvia was' in a class )y
herself when it came to such hippen-

ings. They insisted she knew nothing
at all about bridge, and that only a
merciful Providence could account
for the heroic feats recounted here
from time to time.
In support of that contention,
they would cite a deal such as this
one to illustrate Sylvia's dumb luck.
Sylvia, South, won the opening heart
lead with the ace, crossed to the ace
of spades and returned a low club to
her king, catching West's queen.
The situation looked hopeless,
since East bad two trump tricks com-
ing and Sylvia had two diamond los-
ers. True, she could discard one dia-
mond on the king of hearts, but the
other diamond would constitute the
setting trick.
But Sylvia, displaying her cus-
tomary an, cared on. She played
the king and another spade, puffing in
dummy, and then led a diamond to
her ace, forgetting to discard a dia-
mond on the king of hearts. She was
heard to gasp at this point, but it was
too late to retract the play.
Sylvia now had no choice but to
lead atrump. East cashed his A-10
but then, with only hearts left, was
forced to return one into dummy's K-
J. This allowed Sylvia to sh er 3-
2 of diamonds and so make the con-
tract -.- .':
oFWl.a\kIoN uldy)uI&h,
Just luck?..




HOW many words of tr letters
or more can you make from the
letters shown here? In making a
word, each letter may be used
once only. Each must contain the
centre letter and there must be
at least one nine-letter word.
No plurals.
Good 22; very good 33; excellent
44 (or more). Solution tomorrow.


1 A sound, sibilant as you want (5)
6 Soothes with many charitable
donations (5)
7 Not biased in an electrical sense (7)
10 Set out with a warm hearted
11 Something to eat in quiet comfort (5)
12 Saint who gave Victor a new suit (5)
13 Sad thing to do when a chap gets two
ducks (7)
15 Is there one In the hospital
theatre? (3)
17 Like the darkness in a little
well? (4)
18 Seek the source of a scare, to finish
with (6)
19 Inclination maybe to be last out with a
piece of news (5)
20 Lady providing some pagan with a
new hat (6)
22 Half way by road (4)
24 King of bluff (3)
25 Bridge-building tool? (7)
26 They bite a fellow between the ends
of his glottis (5)
27 Prize for a protector? (5)
28 In geographic circles, a payment (5)
29 Haven for an airship? (7)
30 To be found untruthful (5)
31 Regarding the development of part of
Haringey (5)

* yesterday's cryptic solutions
ACROSS: 3, A-muse 8, An-no-y 10, Un-IO.n 11, Tim
12 GI-ant 13, Wolf-ram 15, D-efer 18, 0-il 19, Marine 21,
Trolley 22, Loot 23, See-D 24, So-laced 26, S-hake-N 29,
Can 31, Sole-d 32, B-erthe-d 34, V-alid 35, Oak 36, Me-
rit 37, Of-ten 38, New-el
DOWN: 1, On top 2, Comfort 4, Ma-I'm 5, Sunday 6, Enter
7, C-oven 9, Nil 12, Galleon 14, Rio 16, Filed
17, Re-ady 19, Menaced 20, Bliss 21, Tot-al
23, Sent off 24, Sedate 25, Car 27, Hotel
28, K-E-V-in 30, Pekes 32, Bit-e 33, Hat

2 Person responsible for a drawback at
certain points? (6)
3 Fast as a camera shutter? (6)
4 On the fourth of July, he
gets a call (3)
5 Its for treading on (5)
6 Just the character to cry plaintively
when the cat's put out (7)
7 Beverages helpful in
convalescence (4)
8 Mother's complaint relates to varnish
12 Girt with strings attached (5)
13 She may take one in hand (5)
14 Say it when toasting a girt who's just
about a knockout (5)
15 Primp oneself in public relations,
even? (5)
16 There's heard to be a tow-headed
Inheritor (5)
18 Price cuts (5)
19 A nasty poke on the leg means a lot
of noisel (7)
21 Where to be happy about the law
being broken (6)

Mean, unimportant, yet snobbish (6)
A wizard with wings (6)
Are they all pulled out when making
arrests? (5)
Of cars, what "GT" starts to mean (4)
Remain In the clear, essentially (3)

Yesterday's easy solutions
ACROSS: 3, Graft 8, Motor 10, Reply 11, Dam 12, Wagon
13, Merited 15, Zones 18, Cos 19, Denote 21, Martian 22,
Rail 23, Less 24, Trebled 26, Tartan 29, Lai 31, Steal 32,
Medical 34, Blood 35, Cop 36, Fable 37, Money
38, Erred
DOWN: 1, Model 2, Comical 4, Road 5, Frozen 6, Tenon 7,
Fleet 9; Tar 12, Western 14, Tor 16, Noted 17, Sense 19,
Dabbled 20, Frets 21, Mitre 23, Lexicon 24, Taller
25, Lad 27, Alias 28, Table 30, Paper 32,
Mope 33, Con

SSmall fsh (5)
6 Drinking tube (5)
9 Colonlst(7)
10 Fireplace (5)
11 Recess (6)
12 Understanding (5)
13 Plausible (7)
15 Insect(3)
17 Spoken(4)
18 Small
case (6)
19 Flower
part (5)
20 Mission (6)
22 Beers (4)
24 Untl"th(3)
25 Em :7)

26 Recreation (5)
27 Undress (5)
28 Sensational (5)
29 Regain
30 Appended (5)
31 Mock (5)

2 Doorman (6)
3 Of the starsem (6)
4 Golf peg (3)
5 Stow (5)
6 Erotic (7)
7 Excursion (4)
8 European capital (6)
12 Pasted (5)
13 DryIng cloth(5)
14 Mother-of-pearl (5)
15 Passageway (5)
16 Curt(S)
18 Servant (5)
19 Broke (7)
21 Rebelled (6)
22 Fascination (6)
23 Morals (6)
23 Sag (5)
26 Father (4)
28 Allow (3)


0 6



ARIES Mar 21/Apr 20
Do you feel like you're having an
adventure, Aries? This week you are
more likely to have an adventure when
you go on a short journey just
someplace you've wanted to visit.
TAURUS Apr 21/May 21
Different strokes are for different
folks. This week, more people around
you will differ in their beliefs from
yours. Listen and respect their opin-
ions rather than clashing.
GEMINI May 22/Jun 21
This week your individuality will
really shine, Gemini. So try showing
off the qualities that make you dif-
ferent and unique. That could
involve wearing favorite clothing.
CANCER Jun 22/Jul22
On one hand you'll want to take part
in social activities, Cancer. Yet, at
the same time, you'll need some
time alone. Fortunately, you can and
should do both.
LEO Jul23/Aug 23
Spend more time socializing with
others, Leo. It will help you feel bet-
ter. Attend a party to get that boost
yob heed, or visit a crowded public
place where you can mingle.
VIRGO Aug 24/Sept 22
This week, your leadership skills are
stronger than usual, Virgo. You
should put yourself into situations
where you can take a greater leader-
ship role. Lead others by example.
LIBRA Sept 23/Oct 23
Don't spend too long making deci-
sions, Libra. This won't benefit you
and may cause unnecessary grief.
Overanalyzing options will leave
you feeling stressed.
SCORPIO Oct 24/Nov 22
Don't make any financial decisions
this week, Scorpio. Your judgement
concerning money is not well placed
right now. Also avoid advising
others how to spend .theirs.
You'll want to spend more time with
someone you find special,
Sagittarius. Now is the time to rekin-
dle old romances or start new ones.
A romantic date is a beginning.
CAPRICORN Dec 22/Jan 20
If you haven't considered improving
your health in a while, Capricorn,
now may be the perfect time to
address this issue. Focus on healthy
foods and getting enough rest.
AQUARIUS Jan 21/Feb 18
Romance is a great possibility this
week, Aquarius. Improve your
chances with nonverbal signs. When
meeting people, let your eyes and
smile express your feelings.
PISCES Feb 19/Mar 20
Get back to the simple things,
Pisces. Simplicity is your key to
having a successful and satiing
week. Focus on favorite hobbies.


Nigel Short v Leif
Johannessen, Turin Olympiad
2006. England finished a
mediocre 19th In the world
team competition even
.hough our top pair of Michael
Adams and Short made
excellent 8/11 totals, losing
just one game between them.
Here Short (Whteto play) Is
pressuring Norway's number
two and Is ready for a decisive
breakthrough. How Is your
intuition and your calculation?
If you can see the winning
Idea without visualising to the
end, your attacking Instincts
are good; If you can go further
and work out several moves
deep why Black has no
defence, then your accuracy Is
well up to master or expert


da tc e f
~'- Sn- +i



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9 LPA +9"NS (+98quSoAq ur)t tpbasuMNM
esP)Lrepa69 W(lsoqIpue9g4oqk f gO96x
E 95J z9oxq"o 1 tMtuogosgssulo



wA P!

PAGE 8B..........OCTOBER 5, 2007.TH. TRIBUNE

Six bidders in the

race for BORCO

FROM page one
Among the BORCO bid-
ders was known to have been
Morgan Stanley, the 'blue
chip' Wall Street investment
bank, and other top financial
institutions and oil companies.
PDVSA had appointed Cit-
igroup's investment banking
arm to run the open, transpar-
ent 'beauty contest' process,
and indicative bids of as high
as $500 million had been
received during the first round
of BORCO's auction, with
some expecting the oil stor-
age/break bulk transhipment
facility could fetch up to $700-
$800 million.
The higher-priced bids were
understood to include the costs

of any environmental clean-up
and capital expenditure main-
tenance to upgrade BORCO's
tanks, jetties and pipes, pro-
jects that could easily cost
upwards of $15 million.
At least two Bahamian
groups were thought to have
submitted initial offers, while
Barry Malcolm, former GBPA
vice-president and an ex-
BORCO executive, was also
said to be working closely with
a foreign bidder.
Of BORCO's 500 acre site,
some 208 acres has never been
developed, and it is under-
stood that at least some of the
bidders believe this can be
used to double the tranship-
ment facility's size.
PDVSA was viewing this

undeveloped land as invest-
ment property it could "sell
for current market value" and
increase the final price paid by
any purchaser.
The BORCO refinery
closed in 1985 amid a global
oil supply glut, and one
source told The Tribune that
when this happened nitrogen
blankets were placed on the
refinery assets to preserve
However, after PDVSA
took over it removed these
nitrogen blankets, which
allowed the refining assets to
deteriorate and made it impos-
sible to restart the plant. This
means a new one will have to
be built, provided the winning
bidder has plans to do so.

Ex-minister named as CFAL chairman

James Smith, former minister
of state for finance in the Christie
government, has joined CFAL
(the former Colina Financial
Advisors) as its chairman.
"Mr Smith's deep under-
standing of the domestic finan-
cial market and international
financial services will contribute
significantly to our goal to be a
Bahamian-owned and managed
financial institution which is a

recognized authority on finan-
cial matters," said Anthony Fer-
guson, CFAL's president, in a
"We are very pleased and
honoured that he chosen to join
CFAL as our chairman."
With more $700 million in
assets under management,
CFAL provides a range of
investment and financial analy-
sis services to the investing pub-
lic, including investment man-

agement, pension management
and administration, corporate
advisory services, and registrar
and transfer agency services.
"CFAL provides me with an
opportunity to apply my expe-
rience on a day-to-day basis to a
growing company that is deeply
committed to the country, anp
to helping individual Baham!i-
ans and Bahamian companies
achieve financial security and
success," said Mr Smith.

Lot Eight (8) of the Cancino Tract, bound to
the east the Queen Highway Some Six
Hundred (600) Feet North of a public road
known as the Village Road.

Twelve acre of raw land located immediately
south of Wemyss Bight, Eleuthera.

For conditions of sale and any other
information, please contact:

Credit Risk Management Collection Unit
at 1 (242) 502-0929 or 1 (242) 356-1608
Interested persons should submit offers in
writing addressed to:

The Manager, Credit Risk Management -
Collection Unit
P.O. Box N-7518, Nassau, Bahamas
to reach us before November 9, 2007

Serious enquires only

Legal Notice


(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
26th day of September 2007. The Liquidator is Argosa
Corp.-Inc., RO.Box N-7757 Nassau, Bahamas.

OUIZ LUCA" Grand Bahama Island.



Director offoo& &D Beverage Director oCGolf

anclUoi-aanizeOtheD R&D BUftinct loilsU foifl I1U1'CSLILII-MltS A
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PositionOi-equires0knowledgeO iiiU pi-epaiatlonU 1111111C- ouriticay-Aiol)s@stai-woodliotels.coiii

Legal Notice

(a) ASIAN PRINCESS LIMITED is in voluntary
dissolution under the provisions of Section 137(4) of the
International Business Companies Act 2000.
(b) The dissolution of the said company commenced on
the 01ST October, 2007 when the Articles of
Dissolution were submitted to and registered by the
Registrar General.
(c) The Liquidator of the said company is Michael Low
of c/o 1 Raffles Link #05-02, Singapore 039393

Dated this 05th day of October, A.D. 2007

Michael Low.



(No. 45 of 2000)

In Voluntary Liquidation
Notice is hereby given that in accordance with Section 138 (4) of the
International Business Companies Act, (N6.45 of 2000), The Film
Connection Ltd. is in dissolution. Ms. Joneka A. Wright is the Liquidator
and can be contacted at Winterbotham Place, Marlborough & Queen
Streets, P.O. Box N 3026, Nassau, Bahamas. All persons having claims
against the above-named company are required to send their names,
addresses and particulars of their debts or claims to the Liquidator
before the 2nd day of November, 2007.