Citation
The Tribune

Material Information

Title:
The Tribune
Uniform Title:
Tribune (Nassau, Bahamas)
Portion of title:
Nassau tribune
Place of Publication:
Nassau Bahamas
Publisher:
Tribune
Publication Date:
Copyright Date:
2005
Frequency:
Daily, except Sunday
daily
normalized irregular
Language:
English
Physical Description:
v. : ill. ; 58 cm.

Subjects

Genre:
newspaper ( sobekcm )
newspaper ( marcgt )
Spatial Coverage:
Bahamas

Notes

General Note:
Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.

Record Information

Source Institution:
University of Florida
Holding Location:
University of Florida
Rights Management:
This item was contributed to the Digital Library of the Caribbean (dLOC) by the source institution listed in the metadata. This item may or may not be protected by copyright in the country where it was produced. Users of this work have responsibility for determining copyright status prior to reusing, publishing or reproducing this item for purposes other than what is allowed by applicable law, including any applicable international copyright treaty or fair use or fair dealing statutes, which dLOC partners have explicitly supported and endorsed. Any reuse of this item in excess of applicable copyright exceptions may require permission. dLOC would encourage users to contact the source institution directly or dloc@fiu.edu to request more information about copyright status or to provide additional information about the item.
Resource Identifier:
09994850 ( OCLC )

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i'm lovin’ it..





OOF
79F |

VERY WARM,
CLOUDS AND SUN

endors claim
unnecessary
pressure on them
to leave dock

By PAUL G
TURNQUEST
Tribune Staff Reporter

VENDORS at Potter's Cay
have once again been denied a
licence to sell alcoholic bever-
ages, and are now claiming that
unnecessary pressure is being
put on them to leave the dock.
. Some Officials in the Ministry
of Agriculture and Fisheries say
there is no obvious reason for
the licences to be denied as the
“set up” of both Arawak Cay
and Potter’s Cay dock are sim-
ilar. However the vendors at
Arawak Cay have been granted
their licences to sell beers, and
other alcoholic beverages.

Kenneth McKinzie, propri-
etor of McKinzie's Fresh Fish
and Conch stand at Potter's Cay
dock, said he has undergone
numerous heaith training semi-
nars, and doesn't know why he
has again been denied a licence.

“Even people who have a lit-
tle cookout can get a licence to
sell alcohol, so that foolishness
about us not having bathroom

facilities doesn’t make any ~

sense. We have bathroom facil-
ities right down there on the
western end of the dock, just
like Arawak Cay, so where is
the difference?

SEE page eight

_ Dr Myles Munroe
slams ‘Moonie’ faith

| By DANIELLE STUBBS

Tribune Staff Reporter

THE “Moonie” faith, led by Rev Sun Myung Moon, is based
on deceptive principles that can be “very dangerous” if Bahami-
ans remain ignorant about them, said Dr,Myles Munroe.

Dr Munroe, pastor of Bahamas Faith Ministries, told The Tri-
bune yesterday that “people are attracted to these antichrist

SEE page eight









AUTO INSURANCE.





























The Tribune





"BAHAMAS EDITION

WEDNESDAY, JUNE 1, 2005

Turnquest hits

out at financial
support claim

FNM leader Tommy

Turnquest hit out last-

night at the claim that the
party’s leadership choice
may affect its financial
support.

He said party funds are
healthy, as can be seen by
the two recent FNM ral-
lies and the imminent
release of the FNM publi-
cation, The Torch.

Under the headline:
‘Funds Threat’ for FNM?
a front page story in The
Tribune on Tuesday said
sources revealed that FNM

contributors threaten to

pull financial. support
depending on who
emerges as party leader
after the November con-
vention,



Mr Turnquest said it was
irresponsible.to quote MP

Tennyson Wells, who is

not an FNM, as an author-
ity on the matter.

Mr Wells said the party
is divided on the issue of
the former prime minister
Hubert Ingraham return-
ing as leader.

Mr Turnquest also criti-
cised the decision to place
the. “irrefutable” com-
ments of leader of opposi-
tion business in the House
Brent Symonette at the
end of the story.

_ Mr Symonette said as far
as he knows, the finance
committee has never
linked the return. of Mr
Ingraham as FNM leader
to. the collection of funds.





,@ PRIME Minister
Perry Christie enjoys
part of his new exercise
regime yesterday.
(Photo: Peter Ramsay)



QGreaklast Sandwiches, from $1.85,
Greakigat Platters from $2,990:
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@ By A FELICITY
INGRAHAM
Tribune Staff Reporter

BAHAMIANS Asgitating
for a Referendum on the Free
Trade Area of the Americas
(BARF) plan to. march
against the Bahamas joining
the Caribbean Single Market
and Economy.

BARF chairman Paul}.

Moss, with Aawyer Fayne
Thompson, Linda Rahming
and Dr Elwood Donaldson,
stood in front of the bust. of
Sir Milo Butler in Rawson
Square yesterday, urging
Bahamians to. take...the

“Caribbean Single.Market and

Economy (CSME) seriously,
get educated about its pur-
pose, and march with the
group at the Labour Day

’ parade on Friday.

The group spoke passion-
ately, warning Bahamians that
their life and liberties were

being threatened by govern-

ment's:move to sign on to the

_ revised treaty.

"Every Bahamian, educat-
ed and uneducated, from

SEE page eight



Christie
expected
to lead PLP
in 2007

. @ By RUPERT

MISSICK Jr

’ Chief Reporter =

DESPITE suffering a
stroke in early May, Prime
Minister Perry Christie is
expected to lead his party
into the 2007 general elec-
tion.
Many have wondered if
the prime minister’s health
would have prevented him
from participating in the
hectic campaign leading up
to the next election.

However, party officials
say that there is no indica-
tion that Mr Christie’s
health would require him to
take a reduced role in the
leadership of his party.

The prime minister has

SEE page eight





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PAGE 2, WEDNESDAY, JUNE 1, 2005

THE TRIBUNE





System set up to try to solve
limo dispute with Atlantis

@ By PAUL G TURNQUEST
Tribune Staff Reporter

THE implementation of a
“call-up system” at Atlantis was
yesterday announced by the
Minister of Transportation and
Aviation.

According to Glenys Hanna-
Martin, this new system will
allow livery operators to pro-

vide services to guests not,

already contracted with Kerzn-
er International for pre-
arranged livery services.

“This arrangement coincides
with a similar system previous-
ly implemented by my ministry,
which allows limousine opera-
tors to form a line at the Nas-
sau International Airport, to
access guests who are likewise
not contracted on a pre-

arranged basis,” she said.

Mrs Hanna-Martin added
that this new arrangement is
indicative of the government’s
continuing commitment to
ensuring that all Bahamians
have access to the fruits of the
tourism industry and the econ-
omy in general.

However, the United Limou-
sine Operators. Association
(ULOA), which has been com-
plaining for the past few weeks
about an alleged monopoly on
limousine operations in New
Providence, stated that it were
not satisfied with the new sys-
tem.

According to Kendal Culmer,
president of the ULOA, neither
the minister nor Atlantis have
addressed the crux of the mat-
ter.



VISIT A MEMBER INCE ONy eae CEs
ASSOCIATION OF TRAVEL AGENCY OWNERS

The group alleges that
Atlantis is actively involved in
the transportation industry of
the Bahamas, and industry that
is reserved exclusively for
Bahamians.

“We are still convinced that
Kerzner International in the
transportation business and
whatever they call it, either
service fee, or commission,
they are collecting 20 per cent
of the gross revenue from
Bahamas Experience and
Tours (BET).”

Kerzner denies allegations of
a partnership, saying that it
charges a small fee to cover
costs as it processes payments.
Ed Fields, public affairs director
at Kerzner, put the final figure
at less than five per cent

Mr Culmer said: “The call up
system is meaningless if we can’t
get work. All that means is that
now you get to sit on Atlantis
property in your limo and wait
for a job that might never
come.”

Mrs Hanna-Martin said that
her ministry is not actively
involved with the dispute
between the two groups, as the
ULOA and Atlantis have
agreed to privately pursue the
matter between themselves.




The ‘Battle’
for Cay Sal

NEARLY half a century
ago, Cuban rebels — including
Raul Castro, brother of Fidel —
“invaded” Bahamas territory
and raised their national flag.

A task force of Bahamian
policeman, led by a colonial
commissioner called Colch-
ester-Wemyss, was sent to dis-
tant Cay Sal to reassert the
Queen’s authority.

The amazing story of the Cay



the men who took part, only in
Monday’s INSIGHT section.
Don’t miss it!

\



Sal expedition is told by one of,



@ GLENYS Hanna-Martin


















INSIGHT

Ora hors
extension to
peacekeepers
in midst of
diplomatic
disagreement

THE UN Security Coun-
cil yesterday extended the
mandate of its peacakeeoingt
mission in Haiti until June 24,
giving members more time to
settle a dispute with China
over how long troops should’

| be stationed there, according
to Associated Press.

Taiwan’s ambassador to,
Haiti argued the disagree-"
ment has nothing to do with’
the peacekeeping mission’
itself, but with China's anger:
at Haiti’s diplomatic ties with’
Taiwan, a self-governing’
island which Beijing considers
a renegade province. Chinese?
officials denied the claim. ‘

“The People's Republic of
China has been trying to
obstruct relations between’
Taiwan and Haiti for a long:
time,” Taiwan's ambassador
to Haiti, Yang Cheng-ta, told’
Associated Press in Haiti.

UN Secretary General
Kofi Annan had recom-
mended that the mandate for
the 7,400 UN soldiers and
police i in Haiti be extended
by a year beyond its previous
expiration on Wednesday.

But China's deputy UN.
ambassador, Zhang Yishan,
said Tuesday that most
peacekeeping missions are
usually ordered for only six
months at a time. He said
Haiti should be no different:

While the sides try to
resolve the issue, the Security
Council voted a “technical
rollover” to keep the mission
running. The vote suggested
China and the rest of the
Security Council might be
close to resolving the dispute.

If neither side saw a'solu-
tion, the other council mem-
bers would be more likely to
force China to cast.a politi-
cally damaging veto to block
help for impoverished Haiti.

For decades, Beijing and
Taipei have wrangled over
ties with Caribbean nations,
using “dollar diplomacy” to
try to win them over.



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HE TRIBUNE

LOCAL NEWS

WEDNESDAY, JUNE 1, 2005, PAc....



Moonie leader ‘planning
investment in Bahamas’

a By DANIELLE STUBBS
Tribune Staff Reporter

_ THE Korean leader of the cult responsi-
ble for staging a controversial seminar in
Nassau this week is planning to invest in the
Bahamas.

eu Myung Moon, leader of the Family
Federation for World Peace and Unification
(FFWPU), “is awaiting government
approval to invest in the country”, accord-
ing to Reverend Dr Kendall Capron, one of
five Bahamian Baptist pastors who endorse
the “Moonie” faith.

Rev Capron, who helped organise the
conference “The Ideology of Peace” for
leaders of the Bahamas at the British Colo-
nial Hilton on Monday, told The Tribune
: that he does not know the nature of Rev
Moon’s proposed investment, but knows
that “there had been discussions about it”.
| However, Minister of Financial Services
: and Investments Allyson Maynard-Gibson
| said yesterday that she had “no knowledge
|

(
{
{
t
‘
1
t
{



of Reverend Moon wanting to invest in the °

country”.
Rev Capron has been associated with Rev

| Moon for 20 years, but has been a commit-

ted member of FFWPU for only a year.
| Concern has been expressed that if Rev
Moon invested in the Bahamas, he may
attempt to forge the kind of political and
business connections he enjoys in North
Korea.
According to the website www.iap-
! provethismessiah.com, Rev Moon is said
to-enjoy.a special relationship with North
Rote dictator Kim Jong Il through his

car company Pyonghwa Motors — which
has a monopoly on car sales to ‘the Com-
munist Party in Pyongyang.

Moon has also gained such benefits as
exclusive rights to car production and tax

_ exemption until 2007, as well as exclusive

rights to buy and sell used cars.
As part of this relationship Rev Moon,



: @ SUN Myung Moon with his wife, Hak Ja Han Moon

(Photo: AP Archive)

who is also owner of the Washington Times
newspaper, allegedly assigned one of his
reporters to boost the image of North
Korea in the west.

The Republican newspaper claims to be
separate from its owners, but some claim
the Unification Church considers the Wash-
ington Times “a divine mission”.








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eS



@ By KRISTINA McNEIL



THE future of a group of: dis-
‘abled persons is still unclear
, even now the deadline to vacate
‘ their home has passed.

f Residents of the Sir Durward
fs Knowles Cheshire House for
: the Disabled are patiently wait-
ing to learn their fate, as the
: Minister of Social Services and
Community Development
-makes an appeal to the man-
- agement of the home.
According to Barbara Bur-

F
|
|
Ps
|

SPL s

ee

TSR

PENSION rights are being
abused by a number of compa-
nies in the Bahamas, according
to a human rights group.

The Grand Bahama Human
Rights Association (GBHRA)
said yesterday that it has
received “numerous reports of a
morally reprehensible, despica-
ble, and possibly fraudulent
practice which has developed
amongst a number of small and
large companies in the
Bahamas.”

According to the association,
some employers have begun
depriving employees of their
entitlement to the employer

a :

9 @ @ @ @ 8 @

eo 8

Cushions

|



rows, permanent secretary at
the Ministry of Social Services

: and Community Development,
“Melanie Griffin is appealing to

the board of the home for talks
between residents and manage-
ment regarding the closing of
the home.

Jermane Thompson, a resi-
dent of the home, said he was
unable to comment on the mat-
ter until he received official
word from Ms Griffin.

On Monday residents made
a proposal to the Johnson Has-

contribution to pension funds
by terminating the services of
employees just before their pen-
sion rights vest.

Employers feel they can then
claim that they only have to pay
the amount contributed by the

_ employee over the years.

“In this way, many employers
have been retaining their half
of the pension monies to which
the employee would otherwise
have been entitled,” said
GBHRA Fred Smith, president
of the association.

There is. another form of
abuse that has been reported
to the association, said Mr
Smith.

He said that after pensions

‘Disabled residents
still seeking answers
after closure of home

san, the legal firm representing
the management, but the firm

-was unable to accept it.

Residents first received the
official notice of the closing of
the House due to lack of fund-
ing in early May. After hearing
the news, residents appealed to
the public to assist in funding
the home to keep it open.

The home, donated by the
Rotary Club of East Nassau in
1991, follows the principles of
the Leonard Cheshire Founda-
tion in the UK.



Call for government to pass
legislation on pension rights

‘By KARAN MINNIS have been vested, employees.

are terminated and are told that
they cannot access their pen-
sion funds until they are 60 or
65 years old.

“By that time, the company
might be out of business and
the employees will have been
deprived for many years of their
funds and, in the meantime, the
employer would have contin-
ued to add value to the pension
fund for the employer,” said Mr
Smith. “This is unfair, unjust
and downright dishonest
towards the employees.”

The GBHRA called upon the
government to pass legislation
to stop what it said is “criminal
abuse” of employees.





newslines

FREEPORT - Five Amer-
ican men were charged with
poaching in Eight Mile Rock
Magistrate’s Court yesterday.

It is alleged that on Mon-
day, the men were appre-
hended on board a 35ft fish-
ing boat with possession of
375 pounds of scale fish.

Three pleaded guilty to
fishing within the territorial
waters of the Bahamas with-
out a permit and were each
fined $3,000.

Two pleaded not guilty to
the charges and charges
against them were dismissed.





















12 years for manslaughter

@ BY DENISE MAYCOCK
Tribune Freeport
Reporter

FREEPORT - John
Anderson Williams Jr, 26, was
sentenced to 12 years at Fox
Hill Prison for the manslaugh-
ter of Cohen Bastian in 2003.

Williams, who was initially
charged with murder and
stealing, pleaded guilty to

manslaughter three weeks ago ©

in the Supreme Court.

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Sentencing was deferred to
May 30, pending the results
of a probationary report.

Bastian was found dead at
his home at Morgan Lane on
November 15 2003. The hus-
band and father of four was
shot in the neck and chest after
an argument about money. ~

The family of the victim
have expressed strong disap-
pointment over the 12-year
sentence handed down in the
matter.








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PAGE 4, WEDNESDAY, JUNE 1, 2005

EDITORIAL/LETTERS TO THE EDITOR

THE TRIBUNE



The Tribune Limited

NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI
Being Bound to Swear to The Dogmas of No Master

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

SIR ETIENNE DUPUCH, Kt, O.B.E., K.M., K.C.S.G.,

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

EILEEN DUPUCH CARKON, C.M.G., M.S., B.A., LL.B.

Publisher/Editor 1972-

. Published Daily Monday to Saturday

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

French rejection of EU constitution

THE rejection of a European constitution by
French voters Sunday, which is likely to be sec-
onded by Dutch voters today, need not become a
calamity for the cause of European integration if
the proper lessons are learned from the misad-
venture of French President Jacques Chirac and
his fellow mandarins.

If French officials and like-minded Eurocrats
elsewhere respond by scorning French voters for
misunderstanding what they were being asked
to vote on, a crucial flaw in the elite’s method of
constructing an enlarged European Union will
continue to go unrecognized and uncorrected.

A lucid explanation of the lesson that needs to
be learned came from the Czech president, Vaclav
Klaus, who said: “The French referendum and its
result clearly demonstrated the deep division that
exists between the European elite and the citizens
of Europe.”

Although the constitution has little to do
with the concerns that motivated many French
no votes — such as East European workers tak-
ing jobs in France for low wages or Turkey
beginning EU accession talks this fall — the ref-
erendum gave people who feel vulnerable to
global competition a rare chance to complain
that they were not consulted about earlier deci-
sions such as the EU’s expansion from 15 to 25
members. Indeed, exit polls indicate that the
better off voters were, the more they were

US capital built

WASHINGTON — The US capital was built
with the labour of slaves who cut the logs, laid the
stones and baked the bricks. Two centuries later,
Congress has decided the world should know
about this:

Congressional leaders on Tuesday announced.
the creation of a task force to study-the history of
slave labour in the construction of the capital and
suggest how it can best be commemorated.

“Tt is our hope that the work of the task force
will shed light on this part of our history, the
building of our nation’s greatest symbol of democ-
racy,” House Speaker Dennis Hastert, Senate
Majority Leader Bill Frist, and Democratic lead-
ers Rep Nancy Pelosi and Sen Harry Reid said in
a joint statement.

Historians say slaves were the largest labour
pool when Congress in 1790 decided to create a
new national capital along the Potomac sur-
rounded by the two slave-owning states of Mary-
land and Virginia.

Over the next decade, local farmers rented
out their slaves for an average of $55 a year to help
build the capital, the White House, the Treasury
Department and the streets laid out by city plan-
ner Pierre L’Enfant.

Slaves cut trees on the hill where the capital
would stand, cleared stumps from the new streets,
worked in the stone quarries where sandstone
was cut and assisted the masons laying stone for
the walls of the new homes of es and the
president.

inclined to approve the constitution.

It was foolish for leaders such as Chirac to try
to stampede the French into voting for the con-
stitution by intimating that a no vote would inflict
enormous harm on France’s prestige and interests.
Thé public heard those warnings and gave a
response that effectively said: *We don’t believe
‘you, we don’t trust you, and what about our inter-
ests?”

It would be equally foolish for European elites
to ignore what the French voters said Sunday
and what Dutch voters are expected to say today.
Britain’s Prime Minister Tony Blair may have

_ his own political reasons for wanting to avoid a

referendum next year on the constitution, but he
is right to call for a period of reflection.

Although the division of powers proposed in
the EU constitution answers real needs, the tim-
ing is wrong. It is wrong because the biggest con-
tinental countries are suffering from high unem-
ployment, stress on their social welfare systems,
and political weakness.

European leaders would be wise to postpone
action on an EU constitution for a decent inter-
lude and to use that time to help their populations
adjust to the dislocations of globalization and
EU enlargement. The elites need to earn the
trust of citizens before asking again for a consti-
tutional structure that suits the interests of those
elites.

by slave labour

They also were involved in the expansion of
the capital in the late 1850s.

Sen Blanche Lincoln, D-Ark., a task force mem-
ber, said lawmakers became aware of the use of
slaves after researchers in the late 1990s found

documents of Treasury.Department payments to. ..
slave owners..She said there apparently were

more than 400'slaves hired out.

In 2000, Lincoln and former Sen Spencer’

Abraham, R-Mich, in the Senate, and Rep John
Lewis, D-Ga., and former Rep JC Watts, R-Okla,
in the House, pushed through legislation approv-
ing the formation of a task force.

But Lincoln said that due to changes in control
of the Senate, it’s taken until now to implement
that legislation. “It’s certainly long overdue,” she
said. “The task force will have a great opportuni-
ty to bring forward basically a history lesson as
well as an appropriate memorial.”

Lewis, a veteran of the civil rights movement,
said the opening of a new capital visitors’ centre
next year might provide a venue for recognizing
the slaves.

“We need to find someplace not only to place a

statue or appropriate symbol, we also need to
find a way to tell their story,” he said.

Lewis and Watts are to co-chair the panel.
Among the other participants are Sen Rick San-

torum, R-Pa, Langston University historian Dr -

Currie Ballard and Dr Bettye Gardner, historian
with the Association for the Study of Afro-Amer-
ican Life and History.



(© These articles are taken from The Tribune’s wire services — © 2005)

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Whatever
happened to

Hall’s Lane?

EDITOR, The Tribune

EVER since you kindly pub-
lished my letter about street
names, I am being contacted,
on a regular basis, by persons
who found the subject interest-

“ing. Gétierally, they ask me

about the name of a specific
street.

One lifelong-friend ques-
tioned where the name Shirley;

. Park Avenue came from,

because he remembered it as
Aranha Lane. The answer to
this one is straightforward.
When Mr Ronald Albury want-
ed to develop the land on the
western side of Aranha Lane,
my mother and he made a deal
to create the road we see today,
and change its name to Shirley
Park Avenue.

As for Hall’s Lane, only
recently has the northern por-
tion of Hall’s Lane (between
Dowdeswell Street and East
Bay Street) been swallowed up
by a fenced-in property, though
I notice that there seems to be
no structures on the portion that
used to be a public road. I won-

__der how a long-standing public

road just disappeared.

An obituary, written by the
late Sir Etienne Dupuch, in the
March 19 1947 issue of The Tri-
bune, under the heading ‘Great
Loss’, makes interesting read-
ing “...the passing of... removes
from our midst a man of rare
ability and great usefulness to
the community — a veritable
storehouse of information...
(he) possessed a “photographic
brain”... (made him) “a refer-
ence book”... It was to (him)
that the leading lawyers turned
when all ordinary sources of
information had failed... invari-
ably he was not only able to
give them the clues to the infor-
mation they desired, but he was
able to give them considerable
detail to fill out the skeleton. It
was a rare joy to take a motor
ride with (him)... He seemed
to make the very stones live.

_ The ride was always a running

commentary that not only cov-
ered a wide range of history but
a commentary that was blended
with legend, folk lore and odds
and ends of queer things that
‘gave new life and new interest
to the surrounding country:
side.”

I was glad to see that the
deceaséd and Dr Paul Albury
(see his letter in The Tribune

---of June-28-4976) agree on what

is, perhaps, the most-debated
street name on this island — the
name of the street that runs
from Government House to
Carmichael Road.

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Haws

letters@tribunemedia.net



Countless times did I drive

along that road with the man’
- whose obituary I quote above —

my late father, William N Aran-
ha — and, almost invariably, he
went to great pains to point out
(it was one of his favourite top-
ics) that this street that connects
Nassau to: the Blue Hills was
called the Blue Hill Road, long
before Loyalist Isaac Baillou
arrived in the Bahamas and was
granted land on the Blue Hill
Road.

A very detailed booklet
called Street Map of Nassau and
New Providence, Book I, Ast
edition, published in 1973 by
the Department of Lands and

Surveys, uses the name Blue -
Hill Road.

At the archives on Mackey
Street, the public has access to
the old newspapers, including
The Tribune, and it is eye-open-
ing to read the Royal Gazette
and Bahama Advertiser of the
Loyalist period. To persons not
deeply interested in formal his-
tory, the advertisements are
interesting and enlightening.

An undertaker advertised the
arrival of his new hearse, a
horse-drawn vehicle “suitable
for first-class funerals”, with a
PS “We also have a hearse suit-
able for black funerals”. How
things have changed!

A frequent advertiser was
Isaac Baillou, offering rewards



EDITOR, The Tribune






















WELL Bulla, here we are
again at the start of the 2005
hurricane season.

As you know my poui
trees were on target last year.
I told ya which depressions
would become hurricanes
and also that three of.them
would. be in the Atlantic at
the same time. Now Bulla,
ya can’t beat dat. Not even
dem “experts” in the USA.

The trees took a tremen-
dous beating last year and
most of them had many bro-
ken branches. This year’s
predictions will be rather
tricky. As I read it, there will
be very little activity in 2005.
Yes de Poui trees said pre-
cious little this year.
“Experts” say 15 storms and
nine hurricanes.

Well Bulla, if their predic-
tion this year is like the one
last year, they are definitely
wrong.

Therefore, I say that there














A summer
prediction



Johnson.

JOHNSON/EVINRUDE

Dealerships are available in certain areas.
Preference will be given to existing Dealers of
OUTBOARD MOTORS who are willing to become
exclusively Johnson/Evinrude

Applicants must demonstrate their ability to
stock such engines as their area requires and to support
these engines with parts and competent service.

Send full details of current Business to -

The Outboard Shop, Marsh Harbour.

242 367 2703 ‘phone
242 367 3709 ‘fax

‘Theoutboardshop @ abacoin

for the return of slaves who had
run away from his plantation in
the Blue Hills. Such ads suggest
that Isaac Baillou was not the >
nicest of slave-owners, so I won-
der why the descendants of such
slaves would want to perpetuate
his name by misnaming this -

. important thoroughfare.

Can anyone tell me how to
change the name of a street?
Or, where to determine the cor-
rect name of a street?

For example, today’s
motorist, after leaving Shirley
Street, travels westbound past
St Andrew’s Presbyterian Kirk
and Government House to get
to Blue Hill Road. What is/are
the name(s) of the street(s) on
which that motorist travels?

For sure, the name changes
at George Street. West of the
statue of Christopher Colum-
bus, it is Duke Street. East of
George Street, however, is it
Prince Street or Prince’s Street?
I’ve even seen it called Princess
Street. .

Remembering that this area,
generally, was the centre of old
Nassau (Charles Town), I think :
that Prince Street would be cor-
rect — because other streets in
the area are called King Street,
Queen Street, Duke Street, all

_without that possessive apos-

trophe.

So many maps give this street
so many names. I would wel-
come a convincing answer to
this prince of questions.

PAUL C ARANHA
Nassau
May 18 2005




will be three storms, one will
be a strong hurricane (100
mph plus) and the other two
will be mild to moderate with
the potential of becoming
hurricanes.

There will be moderate
rainfall during. these depres-
sions (and moderate because
everybody seems to want to
tear down all the little hills
we have), but otherwise the
weather will be dry and hot.

I believe that most of the
activity will originate in the
Pacific instead of the Atlantic
and therefore we must pre-
pare for a very dry summer,
especially if E] Nino has any-
thing to do with it .

So Bullas, do not forget to
check your roofs, make sure
your hurricane straps are in
place.

Well Bulla, ah told ya.

SYDNEY
SINCLAIR-SANDS
Nassau

May 19 2005









et.com



THE TRIBUNE

LOCAL NEWS

WEDNESDAY, JUNE 1, 2005, PAGE 5



Drill barge ‘still not removed’

@ By KILAH ROLLE
Tribune Staff Reporter

THE large abandoned drill
barge discovered in Bahamian
waters more than three months
ago has yet to be claimed or
removed, despite assurances
from the Port Department in
March that arrangements had
been made for its removal.

The 220-foot vessel, the Louis
J Goulet, appears to have been
dumped 15 miles off Long
Island, dangerously close to
Conception Island, one of the
country’s national parks.

Yachters Bailey Smith and
Lorraine Minns from George-
town, Exuma first reported the
vessel in February, and said
they were very concerned about
the threat it posed to marine
life because of its proximity to

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underwater coral reefs and the
shoreline of the national park.

They said they could see sev-
eral diesel containers and other
oil contaminants on board the
rusty vessel, and were extreme-
ly worried that pollutants could
leak into the ocean, or that a
strong wind could force the ves-
sel through coral reefs directly
into the fragile eco-system of
the national park.

Eric Carey, director of parks
and science liaison for the
Bahamas National Trust
(BNT), also expressed concern
after learning of the abandoned
vessel. Conception Island is an
important sanctuary for birds
and sea turtles, and is sur-
rounded by some of the health-
iest coral reefs in the world.

On March 20, Port Controller
Captain Anthony Allens said

Concern for local environment —



that an independent salvage
firm would be removing the ves-
se] — but the rusty barge is still
looming near the shores of Con-
ception Island.

The Tribune learned through
its own investigations that the
Canadian ship was built in 1957
and has changed ownership sev-
eral times over the years.

The last known owner is
Canadian company Pembina
Exploration Limited, which
converted the ship into a drill
barge in 1994.

The Port Department, a divi-
sion of the Ministry of Trans-
port and Aviation responsible
for the removal of wrecks, has

been contacted several times
about the vessel, but no-one was
available for comment.

The question of ship owner
obligations in terms of wreck
removal is not a new one for
the Bahamas and has been a
controversial subject around the
world.

Three years ago, Bahamian
taxpayers had to foot the bill to
remove an unregistered sunken
dredger, the Allan Judith, from
the channel in Port New Provi-
dence, after the owners of the
vessel could not be identified
by the Port Department.

The International Maritime
Organisation (IMO), the per-

manent body established to pro-
mote maritime safety, met last
month in London to tighten up
conventions relating to the
removal of wrecks.

A legal committee of the
IMO created a draft wreck
removal convention (WRC),
intended to provide interna-
tional rules on the rights and
obligations of states and
shipowners in dealing with
wrecks and drifting or sunken
cargo which may pose a hazard
to navigation and/or the marine
environment.

The draft convention is cur-
rently being considered by the
IMO legal committee.



Association demands greater protection for women

@ By DENISE MAYCOCK
Tribune Freeport Reporter

FREEPORT - The Grand
Bahama Human Rights Asso-
ciation (GBHRA) is calling on
the government to enact
tougher legislation to protect
women from domestic violence.

The association believes new
laws could be the difference
between life and death for
abused women.

Yesterday, GBHRA presi-
dent Fred Smith and Sarah
Kirkby, of the association’s
Women Against Rape Com-
mittee, expressed their concern
about the rising incidence of
domestic abuse and violence
against women in the country.

The association said it is
“appalled” by the brutal stab-
bing death of Tiffany Smith-
Laroda, a mother of four who
was attacked last week in her
apartment, just hours after a
court appearance for a legal
separation hearing.

The victim’s husband has
been charged with murder.

“This horrific tragedy only
highlights the disrespect for

“women in our society, said Mrs
.. Kirkby. She*called for the
“= reform of current procedures

so that divorce and matrimoni-
al cases involving domestic vio-
lence against women and chil-

dren are given priority.

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B ULANDER Russell-Thompson, Sarah Kirkby, Fred Smith and Mr Campbell

“The GBHRA calls on gov-
ernment and particularly our
deputy prime minister and her
sister MPs to swiftly enact effec-
tive and speedy new legislation
to protect the women in our
country,” she said.

Mr Smith believes the country
has become far too complacent

when dealing with abuse com-

plaints. He said the penal code,

the Magistrate Act, the Supreme

Court ‘Act; and the rules of the:
Supreme Court need to be ©

revised to create speedy proce-

dures to give relief to victims.
“Tt is a matter of life of death

for women. It is important that

(Photo: Denise Maycock)

people in society respect wom-

‘ en’s rights. And it requires the

' attorney general, courts and

' parliamentarians ‘to take wom-
en’s issues seriously,” he said.

Mts Kirkby also called for the

establishment a safe haven for

abused women to protect them

against their abusers.

SloNwrely
hurricane

scason

THE Roman Catholic
Archdiocese of Nassau has
given a list of tips for today,
the start of hurricane season.

@ Before a hurricane
threatens, identify shelters
and prepare your home by
trimming trees and shrub-
bery. Also, buy storm shut-
ters or plywood. |

@® Buy emergency equip-
ment and supplies such as
first aid kits, essential med-
ication, canned food, at least
three gallons of water per
person, protective clothing,
bedding or sleeping bags, a
battery-powered radio, flash-
-lights, and extra batteries.

@ When a hurricane
threatens establish a “safe
room”, which should be an
interior room, free of win-
dows or a room with a small
window, with an easy exit.

® Turn your refrigerator
and freezer to the coldest set-
ting and turn off your gas at
the tank.

@ Prepare an emergency
water supply for drinking,
bathing, and sanitary pur-
poses by storing water in a
clean air-tight container.

@ Put up shutters or install
pre-cut plywood over all win-
dows and glass doors. Instead
of draining your swimming
pool, add chlorine to prevent
contamination and turn: off
pool equipment.

@ Bring all objects that can
be blown away inside and
anchor down objects that
cannot be taken inside.

@ During the storm open a
window or door on the lee-
side of the house to relieve
pressure in the house.

@ After the hurricane lis- |
ten to the radio in case the
storm returns or another |
threatens and stay away from
all downed power lines.

@ After the hurricane do }
not drink untreated water or
call any emergency numbers
except in a life-threatening
situation.

@ Do not run a generator
indoors, or in the garage and
| don’t connect a generator to
| your wiring, unless a compe-
tent electrician has checked
the wiring and the main pow-
er has been isolated.




























































4



Haitians’ forgery charge

@ By TIFFANY GRANT
Tribune Staff Reporter

FIVE Haitian nationals
appeared in court yesterday to
plead ‘guilty to presenting
forged work permits to an
immigration officer.

It was alleged that on May
24, Adeline Rene, Iveline
Gedeon, Ostene Dorelus,
Dieunathan Paris and Guerry
Philistin presented false
documents to senior immi-



gration officer Wellington
Miller at Nassau International
Airport.

The court was told by a wit-
ness that the five Haitians
arrived in Nassau that day
aboard a charter flight from
Cape Haitian.

The work permit presented

. by Gedeon was found not to

exist and the permits of the
remaining four were assigned
to other persons, the witness
testified.

’ All five also faced the charge
of attempting to mislead an
immigration officer to gain
entry into the Bahamas, to
which they entered a plea of not
guilty.

This charge was withdrawn
by the prosecution.

The accused were represent-
ed by Eliezner Regnier.

All five faced a fine of $1,000
or three months in prison and
were released into the custody
of immigration officers.

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Sales story
correction

On Tuesday May 31, The
Tribune published an article
on page five called “hurri-

‘| cane insurance sales not up

on last year” which incor-
rectly referred to Robert
Bartlett as senior under-
writer at Insurance Manage-
ment. ‘

The article should have
referred to Mr Bartlett as
senior underwriter at JS
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PAGE 6, WEDNESDAY, JUNE 1, 2005 Z ; THE TRIBUNE

LAURENTIDE INSURANCE AND MORTGAGE COMPANY LIMITED

| Deloitte.

Deloitte & Touche

Chartered Accountants

and Management Consultants
2nd Terrace, Centreville

P.O. Box N-7120

Nassau, Bahamas

STATEMENT OF CASH FLOWS
YEAR ENDED DECEMBER 31, 2004
(Expressed in Bahamian dollars) .

Tel: + 1 (242) 302-4800

: 22-
rented co ; eet ee
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income $ 3,377,596 $ 3,138,367
Increase in accrued interest receivable and other assets (3,700) (950)
(Decrease) increase in life assurance fund (63,182) 71,141
INDEPENDENT AUDITORS’ REPORT Decrease in accrued interest payable and other liabilities 17,647 16,121
Net cash from operating activities / -_ 3,328,361 3,224,679
eee toldeeek ; CASH FLOWS FROM INVESTING ACTIVITY:
Tcircitide Insurence andi Morgans Company Canned: Increase in due from parent company (891,543) _ (653,538)
a, CASH FL : ,
We have audited the accompanying balance sheet of Laurentide Insurance and Mortgage i — Se ee eee
Company Limited (the “Company”) as of December 31, 2004, and the related statements of Dividends paid (2,500,000) _ (2,500,000)
income, changes in equity, cash flows and life assurance fund for the year then ended. These NET (DECREAS E ,
fimancitl statements are the responsibility of the Company’s management. Our responsibility is ( E) INCREASE IN DEPOSIT - PARENT (63,182) 71,141
to express an opinion on these financial statements based on our audit. DEPOSIT -. PARENT, BEGINNING OF YEAR 6,341,294 __ 6,270,153
We conducted our audit in accordance with International Standards on Auditing. Those DEPOSIT - PARENT, END OF YEAR $6,278,112 6,278,112 $6,341,294 6,341,294

Standards require that we plan and perform the audit to obtain reasonable assurance about ‘
whether the financial statements are free of material misstatement. An audit includes examining,
on a test basis, evidence supporting the amounts and disclosures in the financial statements. An
audit also includes assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation. We believe that
our audit provides a reasonable basis for our opinion.

The accompanying notes form an integral part of the financial statements.

LAURENTIDE INSURANCE AND MORTGAGE COMPANY LIMITED
In our opinion, the financial statements present fairly, in all material respects, the financial :
position of the Company as of December 31, 2004, and the results of its operations and its cash

u 4 HO! STATEMENT OF LIFE ASSURANCE FUND
flows for the year then ended in accordance with International Financial Reporting Standards. -

YEAR ENDED DECEMBER 31, 2004
(Expressed in Bahamian dollars)

2004 2003

- LIFE ASSURANCE FUND, BEGINNING OF YEAR $ 6,341,294 $ 6,270,153
February 4, 2005 PREMIUMS RECEIVED 7,446,612 6,580,185

13,787,906 12,850,338

dn Less: : |
Death claims _ 690,139 649,019
Commissions (Note 5) 744,661 658,018
- Tax on premiums 223,398 164,321
a ce . Refunds . . 3,153,083 2,684,125
LAURENTIDE INSURANCE AND MORTGAGE COMPANY LIMITED Life shaurands Peon ONE 4) pe ae
BALANCE SHEET ; Sg ete ae 1,509,794 __ 6,509,044
AS OF DECEMBER 31, 2004. _ LIFE ASSURANCE FUND, END OF YEAR $ 6,278,112 $ 6,341,294
(Expressed in Bahamian dollars) : me Cor ae en ee ee
; a sags - : The eccomnpaniy ig notes form.an areal part of the financial statements.
ASSETS : wy
Deposit - parent (Notes 3 and 5). 7 $ 6,278,112 $ 6,341,294: ane woe . .
Due from parent company (Note 5) 8,495,751 - 7,604,208 LAURENTIDE INSURANCE AND MORTGAGE COMPANY LIMITED
Accrued interest receivable and other assets 4,650 950
TOTAL a $14,778,513 $13,946,452 NOTES TO FINANCIAL STATEMENTS
——_—_— YEAR ENDED DECEMBER 31, 2004
LIABILITIES AND SHAREHOLDERS’ EQUITY. st carats .
LIABILITIES: . ; 1. INCORPORATION AND ACTIVITY oe
Life assurance fund (Note 3) $ 6,278,112 $ 6,341,294 . ‘
Accrued interest payable and other liabilities 91,401 73,754 een poe and Mortgage Company Limited (“the Company”), is a wholly-owned
Total liabilities ae 6,369,513 6,415,048 idiary of Commonwealth Bank Limited (the “Parent ). oe
The Company is incorporated under the laws of the Commonwealth of The Bah d
SHAREHOLDERS EQUITY: registered under provisions of The Insurance Act, 1969. pea
Share capital .
Authorized, issued and fully paid ‘The principal business of the Company is to provide credit life assurance in respect of
105,000 shares at $2.86 each 300,300 300,300 borrowers from its parent company. The registered office is located at GTC Corporate
Retained earnings 8,108,700 7,231,104 Services Ltd., P.O. Box SS-5383, Nassau, Bahamas.
Total shareholders' equi 8,409,000 7,531,404
otal shareholders' equity Se EE ee There were no employees during the year (2003: Nil).
TOTAL see $14,778,513 $13,946,452 . '

The accompanying notes form an integral part of the financial statements. 2, SIGNIFICANT ACCOUNTING POLICY

a. Basis of. Preparation - The financial statements have been prepared in accordance with
International Financial Reporting Standards. The preparation of financial statements in
conformity with International. Financial Reporting Standards requires management to
make estimates and assumptions that affect the reported amounts of assets and liabilities
and disclosure of contingent assets and liabilities at the date of the financial statements
and the reported amounts of revenues and expenses during the reporting period. Actual
results could differ from those estimates. The significant accounting policy followed by
the Company is as follows:

These financial statements were approved by the Board of Directors on January 20, 2005 and are
signed on its behalf by:





Director - Director

b. Life assurance fund - All receipts from the life assurance business of the Company are
credited to a life assurance fund as required by The Insurance Act, 1969, under which
the Company is registered. The fund is reduced in respect of expenses of the life
assurance business and any surplus disclosed by actuarial valuation. ,

LAURENTIDE INSURANCE AND MORTGAGE COMPANY LIMITED

STATEMENT OF INCOME

-YEAR ENDED DECEMBER 31, 2004 _
(Expressed in Bahamian dollars)
3. ASSETS OF LIFE ASSURANCE BUSINESS

2004 2003
Section 17 of The Insurance Act, 1969, stipulates that:

INCOME: :

Life assurance, Net (Note 4) $ 2,698,513 $ 2,353,561 a. The assets of the life assurance fund of a registered insurer:

Interest income - parent company (Note 5) 998,872 1,105,563

Total income 3.697.385 3.459.124 - i. shall be as absolutely the security of the life policyholders as though the insurer
be ee ae carried on no business other than life assurarice business;

EXPENSES: : : ; an : .

General and administrative ii. shall not.be liable for contracts of the registered life assurer carrying on other
Parent (Note 5) 300.000 - 300,000 business or insurance business for which it would not have been liable had the
Ga 19.789 | 20,757 oe of the insurer been only that - life insurance; and

Total expenses naoe bh ahaah arate fn 319,789 320,757 iii. . shall not.be applied, directly or indirectly, for any purposes other than those to
Saree which the fund is applicable.
NETINCOME oe | $ 3,377,596 $ 3,138,367 uA :

b. _ - In the winding up of a.life assurer the value of the liabilities and assets of his life
“assurance fund shall-be ascertained separately from the value of any other liabilities or.
assets and no assets of the life assurance fund shall be applied to the discharge of any
liabilities other than those towards life policyholders except insofar as those assets
exceed those liabilities.

The accompanying notes form an integral part of the financial statements.

LAURENTIDE INSURANCE AND MORTGAGE COMPANY LIMITED

- STATEMENT OF CHANGES IN EQUITY -
YEAR ENDED DECEMBER 31, 2004
(Expressed in Bahamian dollars)

4. LIFE ASSURANCE INCOME

An actuarial valuation, which is based on the greater of the actuarially computed mortality
reserve, including a reserve for mortality fluctuation, or the total of unearned premiums, was
prepared as of December 31, 2004. As a consequence $2,698,513 (2003: $2,353,561), being
premiums distributable otherwise than to policyholders, was credited to income ‘during the

Share Retained
Capital Earnings Total

a8 year.

Balance at December 31, 2002. $300,300 $6,592,737 $6,893,037
Net income - 3,138,367. 3,138,367
Dividends - (2,500,000) (2,500,000) 5. RELATED PARTY TRANSACTIONS AND BALANCES
Balance at December 31, 2003 300,300 7,231,104 7,531,404 During the year the Company paid commissions of $744,661 (2003: $658,018) to its parent for
Net income - 3,377,596 3,377,596 life assurance business. Deposits with parent and due from parent balance earn interest at the
Dividends __- (2,500,000) (2,500,000) Bahamian prime rate. The Company also pays an annual management fee of $300,000 (2003:

â„¢ , $300,000) to its parent for undertaking its administrative activities.
Balance at December 31, 2004 $300,300 $8,108,700 $8,409,000

The accompanying notes form an ifitegral part of the financial statements. ~

kKeKKKE



Sele f



THE TRIBUNE

WEDNESDAY, JUNE 1, 2005, PAGE 7





Once upon a time — a CSME fairy tale

AS engaging argument
over regional integra-

tion has unfolded over the past
few months.

The latest news is the revival of
the 32-meniber trade commission
appointed in 2002 to evaluate
membership in the Caribbean
Single Market and Economy.
That body was effectively side-
lined after its still undisclosed ini-
tial report was handed to cabinet
in 2003.

Commission members are
sworn to secrecy. The question
of why a public/private sector
investigation and report on such
an important national issue
should be classified top secret by
our government is a subject for
another time, but it should be
easy enough to draw your own
conclusions.

Ever since our trade commis-
sion disappeared off the radar,
Foreign Minister Fred Mitchell
and CARICOM ambassador
Leonard Archer have been doing
most of the heavy lifting regard-
ing CSME.

In January they published an

information paper (www.mfaba- ..

hamas.org) to launch what
they described as public consul-
tation.

But after months of denying
that a decision had already been
made to join the market, Mr
Mitchell finally ’fessed up last
week when he resuscitated the
moribund trade commission in an
effort to gain some political cover:
A “decision of the government
(was) taken on December 21 2004
to sign the revised treaty subject
to...four reservations,” he
said plainly — and for the first
time.

\ \ / e may be fairly famil-
iar with those reser-

vations now. But there is no doubt
that until Tough Call’s articles in
February (http://www.nassauin-
stitute.org/wmview.php? ArtID=4
91), most people had little grasp of
the political and economic issues
at stake, and most commentators
simply avoided the subject.

We pointed out that the CSME
was a counter-globalisation strat-
egy, and suggested that it flew in
the face of reality — as well as
public opinion. The plain fact is
that we are an offshore extension

of the Florida economy and our,

focus is almost wholly towards





—






For further information slehss contact
Bahamas Faith Ministries International, RO.Box N- 9583, } Nissi Gshanas :

te. (242) 341-6444 rx 361-2260

E-Mail: bfmadmin@bfmmm.com Website: www.bfmmm.com Web TV: www.mylesmunroe.tv

the United States. We should
exploit — rather than sony — this

reality.

B: most accounts, our
relationship with (and
proximity to) the United States
is enviable and valuable — which is
why we are so attractive to our
southern neighbours. But it seems
that our politicians are being
enlisted in a project to unify
regional economic and security
policy against the US and other
powers.

Some experts say this amounts
to 'ring-fencing' the Bahamas
within the region, and outside the
orbit of our dominant trading
partner — risking political and ide-
ological entanglements that we



ARRY SMITH

media, professional services, con-
struction, fishing and agriculture
— are currently reserved for
Bahamians, but would be open
to West Indians if we join the
CSME. It is not clear how we
would be affected by this. But it is
clear that inefficient state monop-
olies would be protected under
the treaty.

In 2003, Ambassador Archer
said membership in the CSME



“The plain fact is that we are
an offshore extension of the
Florida economy and our focus
is almost wholly towards the
United States. We should
exploit — rather than deny —

this reality.”



do not need. CARICOM’s flirta-
tion with the virulently anti-
American Venezuelan president,
Hugo Chavez, is a case in point.

And the messages that the gov-
ernment point men have been
sending out on this matter have
been mixed, to say the least,
which does not lend much cre-
dence to their assurances that all
will be well. First, there was the
persistent denial that the matter
was a foregone conclusion. Then
there was the idea that joining
would allow us to benefit from
economies of scale and a larger
regional market.

But as Tough Call and others
have pointed out, financial ser-
vices and tourism are already
open to foreign participation...
and they comprise most of our
economy. And administrative
measures alone — like relaxing
monetary and immigration con-
trols — could easily enlarge our
economic space and make us
more competitive on our own
terms.Our other economic.activ-
ities — wholesaling, retailing, the

_ BAHAMAS FAITH MINISTRIES INTERNATIONAL

rcs Sy REAL MEN’S MINISTRY
eR B S. EN

would have a number of “life-
changing implications” for the
Bahamas, including a change in

the country's special relationship

with the US.

He went on to acknowledge
that West Indians would be able
to provide professional services
and set up businesses in the
Bahamas, bringing their manage-
rial, technical and supervisory
staff with them, as well as their
families.

But more recently, Mr Mitchell
has insisted that nothing will
change if we join the CSME, and
those who suggest otherwise are
being dishonest.

According to the current gov-
ernment line, the right of estab-
lishment will have no real impact —
since it would affect only manu-
facturers (of-which we have few)
and tourism (which is already
open to foreigners).

“The right of establishment will
apply to those who can establish
businesses that produce tradable
goods and/or services that earn

‘foreign’ exchange,” Mr Afcher

told Tough Call recently. “Would





Dr. Myles Munroe
Senior Pastor

Dr. Richard Pinder
Fellowship Pastor






you not say that this sounds very
much like our current investment
policies?”

Well, yes. But it begs the ques-
tion of why we had this discus-
sion about access to the economy
in the first place. Is it because the
government is feeling its way with
regard to the treaty provisions?
Is it because they haven’t figured
out a consistent PR strategy? Is it
because our friends down south
keep moving the goal posts to
help?Tough Call’s earlier articles
described the “creeping region-
alisation” that has been the impe-
tus for most of the recent regula-
tory legislation the government
has been proposing... on stan-
dards, consumer protection: and
contracts, for example, all of
which add to the cost of doing
business and require new bureau-
cracies.

Now we are being told that we
can join the CSME with reserva-
tions on all the most important
parts of the agreement — the free
movement of people, the com-
mon external tariff, the Caribbean
Court of Justice and the single
currency — even though we will
still have to pay for the whole
deal.

This has led to questions over
how long the reservations will
last. The Foreign Ministry sug-
gests they can be indefinite, but
CARICOM officials say they will
be short-term deferrals. And, as
several commentators have point-
ed out, it makes little sense for
an organization to admit mem-
bers on terms completely at vari-
ance with its own objectives.

And now the opposition Free
National Movement has joined
the fray. Until just the other day
the FNM’s policy posted on its
web site supported joining the
CSME with similar reservations
to those proposed by the PLP.

But after calls (from this writer
and others) for the government to’
submit to a national referendum,
the FNM seized on the issue,
declaring that it was opposed to
the CSME, and demanding a
plebiscite.

The CSME policy statement
on the FNM website has recently
been removed, but references to
its earlier position can be found in
the section on FTAA policy. This
recalls a 2001 statement by for-
mer prime minister Hubert Ingra-
ham, that the Bahamas would
join if we were exempted from
the free movement of labour.

“The FNM’s position has
evolved to where we support the
position that Bahamians have...
we ought to have a referendum
on it,” party leader Tommy Turn-
quest said recently.

Pee. we are not sure
what the FNM’s position

has been for the past 15 years,
but clearly it was ambivalent.
However, the Ingraham govern-
ment did eventually disavow
membership. In his 2001/02 bud-
get address, former finance min-
ister Sir William Allen referred
to a study by external experts:

“It was the government’s con-
sidered opinion that joining the
single market at this time was not
an appropriate course of action,
and the study did not provide any
reasons for changing this posi-
tion.” Sir William recently con-
firmed to Tough Call that he had
not changed his position “one
iota”.

The CSME treaty currently
applies to 12 of the 15 full CARI-
COM members — only the
Bahamas and Montserrat have yet
to sign. Despite claims to the con-
trary by Mr Mitchell, the remain-
ing British dependencies — Turks
and Caicos, Anguilla, Cayman,
Bermuda and the British Virgin
Islands — are all associate mem-
bers of Caricom and cannot sign
the revised treaty even if they
wanted to.

Mr Mitchell says difficult deci-
sions sometimes have to be made
to exercise leadership, and that
joining the CSME is one example.
We suggest that the government
focus its visionary leadership on
reforming the public sector and
fixing our failed education sys-
tem. This would do more to make
us competitive than trying to
force us into a costly and uncer-
tain multilateral relationship.

But should the government
persist in its bad judgment, there is
no doubt that a referendum or

general election is the only legiti- .

mate way to decide this issue.

Banco Ambrosiano Update —
Liquidation Still Ongoing

wenty-three years after
one. of the world’s biggest.
financial implosions, Banco’

Ambrosiano’s Bahamas opera-
tions are still being wound up. It is

one of the longest liquidations on

record, experts say.

One of Italy’s biggest banks —...
- with close ties to the Vatican —

Banco Ambrosiano collapsed in

_ 1982 a few months after it

opened its multi-million-dollar
Nassau branch on East Bay
Street. And Roberto Calvi — the
bank’s devious chairman, who
kept a home at Lyford Cay —
committed suicide in London.

But, as Tough Call reported a
few weeks ago, Calvi’s death has
recently been ruled a murder by
prosecutors in Rome. Three Ital-
ians and an Austrian will stand
trial in October for killing him,
partly because he knew too much
about Mafia money-laundering,
police say.

The collapse of Banco
Ambrosiano was described as “the
gravest crisis in the history of
Western banking”. And the
Bahamian subsidiary — Banco
Ambrosiano Overseas Limited —
was a key link in a global puzzle
that took years to unravel.

The two surviving Bahamian

liquidators — lawyer Sir Geoffrey
Johnstone and accountant Clif-
ford Culmer — are both now in
their 70s, and still trying to nail
down a final settlement. Their
partner, banker Jack Smith, died
a few years ago. Colin Callender
remains the group’s lawyer.

Many Bahamians can recall the
bank’s local manager, Pierre
Siegenthaler — a man-about-town
who won international regattas
on behalf of the Royal Nassau
Sailing Club, where his custom-
built catamaran was berthed.

A few months after the scandal
broke, Siegenthaler quietly slipped
out of Nassau on his yacht. And
years later he was convicted in
Switzerland on fraud charges relat-
ed to the bank’s collapse. He died
in an alpine avalanche a few years
ago.

he only outstanding

BAOL litigation
involves a claim against Umberto
Ortolani, an influential Roman
lawyer who now lives in Uruguay.
Ortolani was one of Calvi’s
patrons, and was a key member
of the secretive P2 masonic lodge
that bribed Italian politicians and
funded a variety of right wing
activities.

The Bahamian liquidators are
still trying to collect $3 million
from Ortolani under an agree-
ment they reached three years
ago: “This payment, when
received, will be the last of any
recoveries emanating from litiga-
tion undertaken by BAOL,”
according to the latest report to
the Supreme Court dated Febru-
ary 28.

Messrs Johnstone, Culmer and
Smith sorted through claims
totalling $230 million after they
were appointed liquidators in
August, 1982. “If I knew then
what I know now Inever would
have accepted the job,” Sir Geof-
frey told Tough Call recently. “It
took a helluva lot of our time.”

The Bahamian claims were

mostly from legitimate interna-
tional banks that had deposited
funds with BAOL to earn better
interest. Among names like
Deustche Bank, Bank of Brazil,
ENI, European Arab Bank, and
the Bank of Ireland were local
creditors like SFE Banking, UBS
Bahamas, and RoyWest.
.’ The liquidators have about $2
million in Nassau accounts both
for distribution and 'to°cover
expenses. More than:two dozen
small creditors have failed to file
proofs of claim for amounts
totalling about $230,000. And
another 121 creditors won’t be
paid a total $300,000 because they
can’t be located.

“But when the final distribu-
tion is made we will have paid
creditors a total of 95 cents on
the dollar,” accountant Cliff Cul-
mer told Tough Call. “That’s a
pretty good record for such a
complex liquidation. We should
go to the Supreme Court and
bring the matter to a close within
the next 12 months,”

larry@tribunemedia.net

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P. O. Box N-7120
Nassau, Bahamas

or

Deloitte.





FROM page one

movements, because they do
good things, but good is not
always right.”

Rev Moon professes to be
"the absolute victor of Heaven
and Earth."

The Korean religious leader
claims to have been visited by
Jesus Christ himself in a vision.
In this vision, Rev Moon says
Jesus Christ declared that the
world would be changed
through him — Rev Moon.

In response to this "Moonie"

PAGE 8, WEDNESDAY, JUNE 1, 2005

‘Moonie’ faith

doctrine, Dr Munroe said,
“Jesus is the only Messiah, and

Bahamians have a responsi-
bility to uphold the basic Chris-
tian principles."

"As a democratic nation, we
have the right to believe what
we will, however embedded in
the constitution is also the right
to protect our values," said Dr
Munroe.

In a book entitled Kingdom
of the Cults, author Walter Mar-

NOTICE

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www. bahamasengineers.org
P.O. Box N-4361
Nassau, Bahamas

The Bahamas Society of Engineers monthly
luncheon meeting will be held on Wednesday, 1st
June, 2005 @ Graycliff Restaurant, 12 noon.

Guest Speaker: Mr Richard Herring, Country
Representative, Inter-Development Bank (IDB)

Topic: “The IDB - Building Capacity in the Local

Engineering Sector”

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LOCAL NEWS

tin reveals that Rev Moon's '
unique position of leadership
and spiritual authority, as well
as his strange doctrinal teach-
ings and practices do not appear

to have been formulated until"

the 1940's.

Rev Moon's system, other-
wise known as the "Moonie"
faith, is presented in the Unifi-
cation textbook Divine Princi-.
ple, which outlines that Moon

was declared to be the one '.

through whom the world would
be saved.
The text further states that

struggle, the truth of God was

* sealed into Rev Moon's hands,

at which time he became the

"absolute victor of Heaven and

earth."

It is also stated that the whole

. spirit world bowed down to Rev

‘Moon on that day of victory,

« and Satan totally surrendered,

‘for Rev Moon had elevated

‘ himself to the position of God's
true son.

The Unification Church is
said to have hosted a number
of professional symposiums and
seminars throughout the world,
similar to the one held in New

Providence on Monday, having
them recognized as ecumenical
gestures.

Critics point out that the
Church seems to hide its
involvement in such meetings
in order to increase attendance,
and then after the meetings
exploit their participation for
publicity.

It is also believed that these
seminars are a part of the Uni-
fication Church's increasing
public relations efforts to gain
legitimacy by associating itself
with members of the religious

after nine years of search and

FROM page one

"We have had our health training and we have
the certificate to prove it. But only because that big
hotel across the water doesn’t like the view their
guests have they want to move us," he said.

A leading government official who would only
speak anonymously, stated that Atlantis has
expressed an interest in renovating the Potter's
Cay dock site. However the source said that it
was doubtful that it would come to fruition as
there would be no place to put the vendors during
the renovation period.

When The Tribune tried to track down who
would actually be in charge of issuing liquor
licences for Potter's Cay dock it; was referred to
various ministries, all claiming they were not
involved with the site, or that it did not come
under their portfolio.

"The Department of Fisheries under this gov-
ernment and the previous one has just allowed
this place to get out of hand," said.one source in
the department of Fisheries. 47"

"Over time these stalls have begun to simply



FROM page one

Over the Hill, Harbour Island
or Abaco, this is important to
you," said Mr Thompson.

He said it is necessary for
all Bahamians to come out
and march against the sign-
ing. He said if government
refused to listen to the peo-
ple, "civil disobedience"
could become a possibility.

He and Mr Moss called for
government to allow them
the same media coverage and
funds being used to promote
the CSME agenda, so that
they can express why they
feel it is not good for the,
country.

Dr Donaldson, who was in
_the former PLP government
of the late Sir Lynden Pin-
dling, said he is disheartened
that the present government
would throw away everything
he worked for towards inde-
- pendence. He:said that while





yesterday.

countries.

isters. ,

Bahamas.



‘BARE calls for —

independence was beneficial,
he thinks the CSME would
be disastrous. ~

He held the more than 200
pages of the CSME agree-
ment as he spoke to the press

One area of concern for
him is that the agreement
states that the CSME would
sign all international treaties
on behalf of the signatory

That, Mr Thompson point-
ed out, would take away the
power of the Bahamas par-
liament and its Cabinet min-

Dr Donladson said while
joining CSME would be a
benefit to the other countries,
such as Trinidad and Toba-
go, Jamaica and Barbados, it
-would not be beneficial to the

and intellectual establishment.

Alcohol denied

pop up selling alcohol and cooked food. Now if
these places have food licences then why don’t
they have any for alcohol? But the original idea for
Potter’s Cay dock was designed as a place for the
sale of marine products like fish conch and craw-
fish, from the boats coming from the Family
Islands.

"All the scenery you used to see before you is
gone," the source said while pointing along the
edge of the dock and into the harbour. "Right
now the ministry is torn between moving them or
leaving them right there.

"Sitting out here on this dock with your conch
salad and your beer is something that is uniquely
Bahamian," Mr McKinzie added.

"But it looks like the small man, the Bahamian,
will always catch hell for the big boys coming in to
take over.

“They said ‘help and hope was on the way’, but
it looks like hope is getting out of the
way."







He thinks the Bahamas
should align itself closer to
the north, as the southern
Caribbean countries are try-
ing to do.

“Our biggest trading part-
ner, where we go to live,
where we emigrate is the
United States, north," he
said.

"We cannot afford, at this
time in:-history, to go down |
south because Bahamians
don't know anything about
that.

“Our islands enjoy the
prosperity we do now, the
standard of living, because of
two things — the proximity
to the United States... and
our. small population.
Destroy those two things and
you will see how quickly the
country changes. It would-be
just like-an illusion."




















, Wah ‘Gratitude to Almighty God
‘ THE ARCHDIOCESE OF NASSAU

a joyfully announces
ination to the Priesthood

" Elvado Romando Turnquest

Wednesday, June 1, 2005
at 7:30 p.m.
St. Francis Xavier Cathedral

West Hill Street





THE TRIBUNE



Christie
FROM page one

been in politics for more
than 30 years and was one of
the youngest Bahamians to
be appointed to the Senate.
He was.named senator by
Sir. Lynden Pindling in
November, 1974 and served
there until 1977. He was in
his early thirties.

PLP chairman Raynard
Rigby said that when the
party meets at its next
national convention in
November no leadership
issues will face the organi-
sation.

“There is no indication
that he won’t be well
enough to conduct a cam-
paign. The doctors have
indicated that he is expected
to recover completely. On
Sunday he looked fabulous
and he said that he felt fab-
ulous. We know who our
leader is and we are with
him,” Mr Rigby said.

During the 2007 campaign
it is expected that the PLP
will “run on its record”
when, Mr Rigby said, the
prime minister will highlight
the “unprecedented growth”
ushered in during his admin-
istration.

“He will have the consti-
tutional responsibility as
prime minister and, of
course, he would go around
the country telling of what
his government has achieved
in the past five years and
what he will do in the next
five years,” Mr Rigby said.

Mr Christie was hospi-
talised on May 3 after awak-
ening in his Cable Beach
home around 4.30am expe-
riencing some physical dis-
comfort on the right side of
his body. First diagnosed
with severe hypertension,
MRI’s however confirmed
that Mr Christie had suf-
fered a minor stroke on the
left side of his brain.

Mr Christie’s personal
physician, Dr Perry Gomez,
said it was the immediate
care that the prime minister
received that made such a

- quick recovery possible. |

Due back at work in June,
Mr Christie is expected to
start off slowly with “light
duties” for the first few
weeks.







BTN ONeeRS ty
in store robbery

@ By TIFFANY GRANT
Tribune Staff
Reporter





POLICE are investi-
gating a string of armed
robberies and a shooting
that took place in New
Providence on Monday.

The victim, a store
employee held up in an
attempted robbery,
resisted the intruders °
and was shot in the leg.

According to police
reports, sometime
around 6pm on Monday,
two armed men entered
Garvy’s Convenient
Store, located on Simms
Street, Rock Crusher
Road and attempted to
rob an employee.

A struggle followed,
during which the
employee was shot in his
left leg.

The victim was taken
to hospital for treat-
ment.

Another armed rob-
bery took place at John
Chea’s number four
store on Carmichael
Road at 3pm on Mon-
day.

Press Liaison Officer
Inspector Walter Evans
told The Tribune that
the owner, while in the
store with an employee,
was approached by a
masked gunman.

The gunman demand-
ed cash and was given
approximately $250 in
cash and a cheque.

The suspect fled on
foot into the nearby
area. He is described as
being 6ft tall, of dark
complexion and wearing
a blue jacket and blue
trousers. -

A man, armed with a
black handgun, robbed
Fantasy Ice Cream Par-
lour on Market and
Lewis Streets of an
undetermined amount of
money sometime before
9am on Monday.

The culprit fled on
foot.

Police are continuing
their investigations into
the matters.

































































THE TRIBUNE










# SANDRA Riley addresses members of the Crystal Parrot Players



Movie celebrates

Lucayan Indians

f& By KARIN HERIG
Tribune Staff Reporter

A NEW movie is set to cele-
brate the Bahamas’ Lucayan
Indian heritage and bring the
country’s original inhabitants
back from the brink of obscuri-
ty.
e The Miami-based theatre pro-
duction group Crystal Parrot
Players is planning a 2006 release
for Paradise Now, a movie por-
traying archetypal Lucayans and
their everyday life.

The film draws on the ritual,
myth, language and history of
the Taino, a pre-Hispanic
Amerindian people to which
the Lucayans belong.

Heading the project is pro-
ducer and playwright Sandra
Riley, whose interest in the
Bahamas and in Lucayan his-
tory in particular began in th
1970s.

In 1973 she wrote the novella
The Lucayans, which provides
the framework for the movie’s
‘screenplay.

Sele “As is”
fl) Seles final



FP283



Speaking to The Tribune, Ms
Riley said what is important for
her is that the movie gives the
Lucayan people “a real voice, a
real face.”

“Tt is important to learn about
a people that have passed into
obscurity, every piece of knowl-
edge we save gives them face;
we see that they were not so
much different from us,” she
said.

‘Struggle —

Ms Riley added that the
movie will be able to show mod-
ern-day Bahamians that the
Lucayans’ struggle is something
they can relate to. :

“We wanted to show a real
human story; all the plays and
movies that show the native
Indian tribes and how they wel-
comed Columbus, I never felt
that I understood the people,
how they felt,” she said.

Renowned Florida archaeol-
ogist Bob Carr,:who: has been

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Town Centre Mall
Monday-Saturday 9Jam-9pm
(242) 325-6461
(242) 325-6368

working with Ms Riley for

many years, said that artists and
archaeologists can work togeth-
er to act as spokespersons for a
long-lost people.

“Everywhere in the world
you can see a collective amnesia
when it comes to cultures of the
past, but we can give a face to
those lost cultures, bring them
back to life,” she said.

Crystal Parrot Players’. pro-
duction manager Travis Neff
said he hopes the movie speaks
not only to Bahamians, “but
helps everyone to understand
their roots and relate to all abo-
riginal people everywhere.”

Mr Neff added that the group

‘hopes to approach Minister of
Youth, Sports and Culture.

Neville Wisdom in a bid to
show the movie in the Bahamas
as well as in the United States.
“And because the Lucayans
are of the Taino sect, we are
really hoping to show this in
Puerto Rico, Dominican
Republic, Haiti; all places that
share this heritage,” he said.

Limited















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In Memoriam Of -

George
Lambert
Thurston






FSR MRR NOR RR aR NR MARE RR NABER NAR TR MADE TR Nap RE AGE



&
#&.
gs

Sadly missed by Joyce McDonald, Neville,
Clifford, John and Kenneth.

Bless the Lord O my soul and all that

is within me Bless his holy name.

He has done great things

© Brera 9 eee ee ee ee





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PAGE 10, WEDNESDAY, JUNE 1, 2005



_ WEDNESDAY EVENING



New Florida
“Surviving the
Storm’ 1

The Insider (N)
0 (CC)

JUNE 1, 2005

‘NETWORK CHANNELS

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C (CC) achievements in swing, bebop, ballads and the blues. ( (CC)

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(@ WSVN

|
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| @ WPLG (cc)

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wood (N) (CC)



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wood's Favorite Son” A profile of ac-|Cousin’s Promise” DNA evidence {Docudrama) Shawn re Scott
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News Report News News
The Parkers (\ |The Parkers 1 |Girlfriends Girlfriends 1 |Classic ComicView

(CC) (CC) (CC) (CC)

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show “Vancouver” (CC) 3) (CC)

The Big Idea With Donny Deutsch












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ats. (CC) (N) - tives tives

















(:00) In a Fix Re-/While You Were Out “Kansas City: |America’s Ugliest Bedroom
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HALL exas Ranger —_|ceives information about cops who | Midkiff, January Jones. A mysterious traveler woos a pioneer couple's
0 (CC) are involved in drug sales. daughter. (CC)
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% PRESUMED INNO- | x * SCOOBY-DOO 2: MONSTERS UNLEASHED

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a suspected of murder. 1
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UNIV tas con celebridades del deporte y
| el entretenimiento.
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/USA DRAGON (2002, |The detectives probe sexual attacks |ter, Anthony bly Scott Glenn. A mad genius helps an FBI trainee
Suspense) (CC) |in subway cars. (CC) pursue a serial Killer, (CC)
VH1 Antigone Rising |Beach Bodies | x WHY DO FOOLS FALL IN LOVE (1998, Biography) Halle Berry, Vivica A. Fox, Lela
(NO a Rochon. A look at 1950s crooner Frankie Lymon and his three wives. 1
Home Improve- )* x DOUBLE WHAMMY (2001, Comedy) Denis Leary, Elizabeth Hurley, |WGN News at Nine 0 (CC)
WGN ment “Totally Tool|Steve Buscemi. A depressed cop and his chiropractor start a romance.
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Everybody Beauty and the Geek (Series Pre- |Smallville Clark’s new foe is a girl |WB11 News at Ten With Kal
WPIX Loves Raymond |miere) (N) © (CC) whose plastic surgery results were Tong, Jim Watkins, Sal Marchiano
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| WSBK icc} and Jonelle _|Rita’'s stepmother |chiatrist who is being sued by the
breakup. (CC) fight. 0 parents of one of his patients. 1
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‘PG-13' searching for answers. 1 ment group. 1 (CC ferent parties in one night. (CC) *
(00) % & MR, WRONG (1996, |(:45) & * * THE RAINMAKER (1997, Drama) Matt Damon, Claire Danes, Jon Voight. A
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‘ man. (1 ‘PG-13' (CC)
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his story. ‘R’ (CC) oR (CC

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(2002, Adventure) Freddie Prinze Jr. Premiere. The | TION (2004, Comedy) Cedric the
gang investigates a group of ghouls. © ‘PG'(CC) —_jEntertainer. 1 ‘PG-13' (CC)

% % DREAMCATCHER (2003, Horror) Morgan Freeman, Thomas Jane,




% % HOW TO LOSE A GUY IN 10 DAYS (2003, Somatee Coren % % EASY (2003) Marguerite More-
Kate Hudson, Matthew WoConaue iTV, A writer bets she can seduce jau. A woman tries to remain celibate
aman and then drive him away. 1 ‘PG-13' (CC) for 90 days, ‘R’ (CC)

* & THE LAST SEDUCTION (1994, Suspense) Linda Fiorentino, Pe- | x x %% LEAVING LAS VEGAS -
ter Berg, Bill Pullman. A greedy wife steals her husband's drug money —_|(1995, Drama) Nicolas Cage, Elisa-
and escapes, (1 ‘R’ cd beth Shue, Julian Sands, 7 ‘R’





;
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THE TRIBUNE

Let Charlie the 3
Bahamian Puppet and ly
| his sidekick Derek put

some smiles on your

kids’s faces.

Bring your children to the
McHappy Hour at McDonald's in
— Palmdale every Thursday -
from 3:30pm to 4:30pm during the a
month of May 9005. |

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THE TRIBUNE

WEDNESDAY, JUNE 1, 2005, PAGE 11



FREEPORT- THE Bahamas
has been given a piece of spe-
cialised equipment by the US
designed to detect radioactive
materials in commercial ship-
ping containers

As part if the Megaports Ini-
tiative, US ambassador John
Rood attended a presentation





BRITISH Colonial
Hilton’s KIDS charity pro-
gram has granted an award
to a young Bahamian who
aspires to make significant
contribution in the hospital-_
ity industry.

Christal Stubbs was the
recipient of a two-year
scholarship to complete her
degree in tourism manage-
ment at the College of the
Bahamas. .

While interning at the.
hotel last year, she rotated
between all departments,
getting a practical feel for
the industry.

“Miss Stubbs enjoyed the
interaction with guests, and
this helped to nurture her
passion to develop the nec-
essary skills and techniques
to enable her to greatly
impact the industry,” said a
Hilton spokesman.

All Hilton scholarship
applicants must already be
enrolled in the hospitality
programme at the College of
the Bahamas, possess a min-
imum grade point average of
2.50 and demonstrate per-
sonal qualities required for
the industry.

The Hilton KIDS pro-
gramme (Kindness in Dona-
tions and Services) was
established in 2001 and seeks
to generate funds to assist
the youth of the nation.

For further information on
KIDS, contact David Fergu-
son, training and develop-
ment manager at the Hilton.








































The Tribune wants to hear
from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award.

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








on Friday at the Freeport Con-
tainer Port and stressed that the
Bahamas and the United States
have a longstanding common
interest in keeping terrorists and
their deadly cargo away from
our shores.

“Not only will this program
provide the government of the

Award presented to Hilton student

@ DEBBIE Ferguson, the Hilton’s human resources director, Christal Stubbs and Michael
Hooper, the Hilton’s general manager

LOCAL NEWS

Bahamas gets device ‘%" OF
to detect radiation

Bahamas access to the latest
technology, more importantly,
the level of co-operation that
we enjoy with the government
of the Bahamas in the areas
of common security and law
enforcement, practically guar-
antees that this will be a fruit-
ful, mutually beneficial


























*——*Copyrighted Material

partnership,” he stated.

Accepting the donation on
behalf of the Bahamas was Fred
Mitchell, Minister of Foreign
Affairs and the Public Service.
He said that while the total vol-
ume of trade through the
Freeport Container Port is at
present comparatively small by
world standards, ambitions for
the port are high.

“In order to compete, the’

port must as a commercial enti-
ty, be adequately equipped with
the latest equipment and tech-
nology to face the global chal-
lenges inherent in international
sea trade,” he said.

An estimated 825,000 twenty-
foot equivalent unit (TEV) con-
tainers per year are handled
through the Freeport Container
Port, and 38 per cent is shipped
to ports in the United States.

An expansion. plan for the
port, set to be completed by
2007, will increase the number
of berths to a nine-berth capac-
ity and enable the port to han-
dle 3.5 million TEUs per year.

“With this anticipated
increase in container traffic, it
makes sense for both the gov-
ernment and its partners at the
port, to undertake appropriate
measures to make sure this port
is secure, that our national secu-
rity is not compromised and
commerce is not jeopardized,
due to the failure to detect dan-
gerous materials inside con-
tainers traversing the port, ” Mr
Mitchell said.










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PAGE 12, WEDNESDAY, JUNE 1, 2005 “THE TRIBUNE



Introducing Colinalmperial Insurance ltd.
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| WEDNESDAY, JUNE 1, 2005 :

SECTION



business@100jamz.com

Miami Herald Business, Stocks, Analysis, Wall Street





Jaan

HELPING YOU CREATE AND MANAGE WEALTH














NASSAU OFFICE
Tel: (242) 356-7764




FREEPORT OFFICE
Tel: (242) 351-3010





$450m investment is.
proposed for Andros

By YOLANDA
DELEVEAUX
Senior Business Reporter .

A $450 MILLION tourism
development is being negotiated
for Central Andros, with the
investors behind the Caribbean
Golf and Hotel Development,
headed by US-businessman
Joseph Simmons, having already
received approvals. from the
Hotel Corporation of the
Bahamas and the Ministry of
Financial Services and Invest-
ments.

Philip Galanis,. PLP senator
and managing partner in the
accounting firm, Galanis and Co,
said yesterday that the investment
proposal was currently before the
Cabinet. .

'. He added that despite. indus-

try speculation, the project had’

not experienced long delays in
getting the necessary approvals.
Mr Galanis, who is also a PLP
Senator, said he was impressed
by the speed at which the process
was moving forward, adding that
he wanted to see thé Cabinet

Deal currently awaiting
Cabinet approval

as quickly as possible.

Mr Galanis, who joined the
investment team in December,
2004, to assist with developing a
business plan and financial mod-
els, said that while the project has
been in the works for some time,
it-had been undergoing consider-
able vetting and due diligence
from government officials.

Thomas Evans, of Evans and Co..,-:

is said to be representing the Sim-
mons group.

The proposed development i is
expected to take place in part-
nership with the Hotel Corpora-
tion. It will incorporate a huge
swathe of government-owned
land, including the former Light-
house Club, which the Hotel Cor-

involve.a number of hotels, a

marina and several. golf courses as .

well as other facilities.
Mr Simmons, described asa
long-time ‘friend of ee Bahamas

anda frequent visitor, is believed .

to have approached the Hotel
Corporation over a year ago con-
cerning a tourism development
in Andros. He has spent a signif-

icant amount of time satisfying
the Hotel Corporation of the
group’s financial capabilities and
expertise.

Individual members of the Sim-
mons-led investment group are
said .to have many years of expe-
rience in tourism-based projects
in Florida, the Caribbean and
elsewhere.

According to a source close to
the project, one of its selling
points is‘that investors have com-

mitted themselves to the empow- -
erment of Bahamians through the ~

ownership of various companies
and entrepreneurial ventures that
are necessary supports to any
development.

With some 1.47 million acres
of land, some two thirds of the
entire land mass of the Bahamas,
the developmerit of Andros, in
particular Central Andros, is
expected to stimulate develop-

‘ ‘ment in both the north and south

of that island and could lead to it

finally reaching its potential for
“both ‘economic and populates

growth.

PERC Btn rile
on External Insurance Nee

@ By NEIL HARTNELL -
Tribune Business Editor

son, minister of financial services and
investments, as one of her legislative pri-

orities for 2005.

Members of the Bahamas International
Insurance Association believe the new Act
will give its members a springboard from
which they can re-establish the Bahamas as
a niche market for captive insurance,
although they will not be going head-to-
‘head with industry leaders Bermuda and
the Cayman Islands, where most major

sg Captives are domiciled.

Mr Jones added of the new Act: “It will

“certainly give us the legislative framework
to be competitive: Now we need the pub-

‘lic sector and the private sector adminis-
tration and bureaucracy to back us up.

“We need the expertise in the private
sector and the public sector in the
Bahamas, and the administrative struc-
ture in place. We.need more captive man-.
.agers here, and the jurisdiction has to put

definitely in final form, and amendments more resources into marketing it and
to the draft regulations are under discus- _ assisting the private sector with marketing
sion. it.

“All being well, I think we will have a
very progressive and competitive piece of
legislation. I’m very pleased with the head-
way we’ve made. there.”

The reformed External Insurance Act
was identified by Allyson Maynard-Gib-

_ poration has been seeking to sell.
The development is expected io

CSME reservations
could be overturned

By NEIL HARTNELL
Tribune Business Editor

“SUBSTANTIAL progress” has. been
made on reforming the External Insur-
ance Act, The Tribune was told yester-
day, with the draft “definitely in its final
form” as the Bahamas‘secks to re-establish
itself as'a niche market’ for captive and
offshore life insurance.

Hywel Jones, president of the Bahamas
International Insurance Association; said
that while the draft Act: and accompanying
regulations would give the Bahamas the
legislation it needed to be competitive,
this nation had to devote the necessary
marketing and technical resources to back
it up.

Mr Jones, who is.also the Britannia Con-
sulting Group’s president, said: “Substan-
tial progress has been made with the
External Insurance Act. The Act itself is

approve the investment project

A BAHAMIAN attorney today warns that at least some of the
four reservations the Bahamas is séeking from the Caribbean Sin-
gle Market and Economy (CSME) could be subject to legal chal-
lenge by other member states via the Caribbean Court of Justice
(CCJ), on the grounds that they “directly conflict with the object
and purpose of the CSME”. -

John Delaney, a partner with Higgs & Johnson and an FNM Sen- '
ator, writes in today’s Tribune Business section that it is “uncertain”
whether the four reservations the Bahamas is relying upon - on free
movement of labour, the Common External Tariff, the Caribbean
Court of Justice and monetary unioh - in joining the CSME would
last for any length of time if subject to legal challenge.

Mr Delaney writes: “As a matter of international law, no state
may form a reservation to a treaty if the reservation is incompati-
ble with the object and purpose of the Revised Treaty (Vienna Con-
vention on The Law of Treaties, Article 19).

“In this regard, it appears that some - if not all - of the four reser-
vations directly conflict with the object and purpose of the CSME.
As ‘such, at some point after the Bahamas would have signed on to
join the CSME in reliance upon four reservations of uncertain
effect, the Bahamas may find itself subject toa dispute brought by
other CARICOM states challenging the reservations.

“Therefore, whatever position one takes on the duration of
reservations, if they are incompatible with the object and purpose
of the Revised Treaty, they may only last until the Caribbean

: Court of Justice sets them aside.”

Setting aside the.confusion of how long the Bahamas’ reserva-
tions would last, with CARICOM officials saying they will only last
for five years and the Bahamian government disputing this, Mr

’ Delaney said that this nation’s reservations on the free movement
of labour only dealt with workers and employees - not the self-

SEE page three

B@ ALLYSON MAYNARD- -GIBSON,
minister of financial services
and investments.



SEE page five .



Fiscal deficit up 51.6%
for first nine months

(i By NEIL HARTNELL
Tribune Business Editor

THE fiscal deficit for the first
nine months of the 2004-2005

fiscal year rose by 51.62 per cent’

‘over the prior year comparative
to $117.2 million, statistics
released by the Central Bank
of the Bahamas showed yester-
day, despite the economy’s
strengthening during the 2005
first quarter.

The Central Bank’s update

2.03 per cent and 8.77 per cent
respectively.

Air arrivals for the first three
months were down 4.2 per cent
at 394,700, having been off by
3.44 per cent in January and
7.51 per cent in February. The
rate of decline had ‘slowed to
2.02 per cent in March 2005.

- Occupied room nights weré
also down by 6.09 per cent com-
pared to last year’s numbers.

The Central Bank report
indicated that a prime factor

G



12 months to March 2005

Fidelity

Growth & Income
Fund



re emepretrerneeenseraemeeyemnarttnersmetres Af

ahamas

Jeanette se TENEN

|



| Gumrouiatve Total Performance
] ui ough Bisechy 3, 0 108

ae. iy

,on monthly economic and__ behind the lower 2005. figures Since Inception

‘financial developments for was the ongoing recovery. in (February 809)

April 2005 provided further Grand Bahama from the Sep-

-evidence that the Government’s tember 2004 hurricanes, plus 3 years Bt

finances continued to lag behind
the overall economy, with
tourism and foreign investment
expansion supporting Bahami-
‘an-dollar credit expansion and
“firming” in the construction,

the continued closure of the

Royal Oasis resort on that .

island, which has significantly
reduced hotel room inventory.

However, the Central Bank
was still relatively upbeat on its





industry. projections. for the Bahamian i, i ee He a
' However, despite the economy, in line with both its sto : | CORPORATE: | iva East art ‘Weta
enhanced optimism on the _ own forecasts and those of the ECEERAG SE Powe Cv Ee
“economy’s prospects for 2005, International Monetary Fund SEHNC RE

tourism arrivals and occupied
room nights were down on 2004
comparatives for the first three

(IMF).'
The Central Bank said: “For-
eign investment activity in the



months.of this year. Bahamian economy is on an pit ae | MUTA, RERARMENT ne, |
Total tourist arrivals for the _ .accelerating upward path, which sete nnn a anne Beyond eihicg

first three months were off 2.97

per cent at 1.351 million, having:

, been down on the 2004 Febru-
ary and March comparatives by

4

is expected to stabilise at a
healthy level for the next few

SEE page three

oe ‘ A Hat et Ae
Atte San




ean A
ANAS SG






PAGE 2B, WEDNESDAY, JUNE 1, 2005

THE TRIBUNE



PA ee ee ee
Caribbean Court could strike out CSME reservations

THE question of whether the
Bahamas joins the Caribbean Sin-
gle Market and Economy
(CSME) has profound implica-
tions for the economic way of life
of every Bahamian. With the
Government having decided last
December to sign the Revised
Treaty of Chaguaramas that
would commit the Bahamas, it is
troubling that there is a persis-
tent lack of clarity or forthright-
ness by the Government as to the
Revised Treaty’s ramifications.

The Government (through
Minister of Foreign Affairs, Fred
Mitchell) has stated that the
Bahamas will enter reservations

In warning that there is no ‘compelling economic case’
for the Bahamas to sign on to the CSME, attorney and
FNM senator JOHN DELANEY says the ‘opt-outs’ sought
this nation conflict with the revised Treaty’s
_ purpose and could be the subject of disputes
brought by other Caribbean states

in fur ceverds (‘the four reser-
vations’), which they claim would
prevent the economic side of the
Revised Treaty from applying to
the Bahamas and_ keep

. unchanged the present position

of the Bahamas in relation to
CARICOM. The four reserva-
tions are as follows:

1. Against the free movement

NURSING CAREER
OPPORTUNITY

Plastic Surgery office is seeking
A full time Registered Nurse,
with Operating Room
Experience. Great benefits
including assistance in funding
for specialized training

of persons (Articles 45 and 46 of
the revised Treaty).

2. Against monetary union.

3. Against a common external
tariff (CET).

4. Against the Caribbean Court
of Justice on its Appellate side.

Critical questions arising from
the Government’s position are:

a) Do the four reservations
constitute the entirety of the so-
called ‘economic side’ of the
Revised Treaty?

b) What is the legal effect of a
reservation under the Revised
Treaty?

The Economic Scope

The most cursory reading of
the Revised Treaty would reveal
that its economic scope extends
far beyond the four reservations.
Barbados Prime Minister, Owen
Arthur, described the compre-
hensive economic scope of the
Revised Treaty as: “The respec-

tive economies of the Caribbean |
should be reconstituted, through

the removal of existing barriers,
as a Single Market space in which
not only goods, but services, cap-
ital, technology and skilled per-

sons should freely circulate, and
Caribbean citizens should enjoy
new and unfettered rights of
establishment of enterprise any-
where in the region.” :

The four reservations relate
only to part of the economic
effects of the Revised Treaty. For
example, the Revised Treaty’d
requirements for the free move-
ment of capital and goods within
the Single Market are not affect-
ed by the four reservations. And
the four reservations only par-
tially affect the free movement
of persons by relating only to the
free movement of workers/
employees, while not touching or
concerning the free movement of
self-employed persons.

The Free Movement of
Self-employed Persons

Whereas a reservation is pro-
posed against the free movement
of workers (Articles 45 and 46),
no reservation is proposed against
the free movement of self-
employed persons (Articles 32,
33, 34, 37 and 44) under the so-
called right of establishment.

The Government, through
Minister Mitchell, has stated that
the right of free movement of
self-employed persons is “princi-
pally in areas that earn foreign
exchange such as hotels, which

-are already open to foreign

investors”. But that is not what
the Revised Treaty states. The
Revised Treaty does not in any-

way limit the free movement of
self-employed persons.

Indeed, the Government’s own
Information Paper (dated Octo-
ber 2004 and prepared Ambas-
sador Leonard Archer) contra-



lj JOHN DELANEY

dicts the Minister in stating as fol-
lows:

“The Right of Establishment
is a fundamental pillar of the
CSME. This Right permits the
National of any Member State of

the CSME to establish a business
in any other Member State of the
CSME on the same basis as
would a national born in that
Member State. .

“In other words, a Barbadian
businessman would have the right
to establish a business in Jamaica
in the same manner that a
Jamaican businessman would
establish a business in his native
Jamaica. Similarly, the Jamaican
would have the right to establish
businesses in Grenada or

. Trinidad and Tobago in the same

manner that nationals of Grenada
or Trinidad and Tobago would

have” (see pages 20 and 21).

Further, in answer to a ques-
tion posed in the Information
Paper: ‘How will joining the
CSME affect those areas of the
Bahamian economy reserved for
Bahamians?’, the Information
Paper further states:

“On joining the CSME, unless
the Bahamas obtains reservations
on some aspects of Article 33
‘Removal of Restrictions on the
Right of Establishment’, the
Bahamas would be expected to
allow Single Market firms to

SEE page five

COMMONWEALTH OF THE BAHAMAS

IN THE SUPREME COURT
COMMERCIAL DIVISON
| BETWEEN

2005/COM/BNK/00028

Se

A) &2 socom:

ae

Interested persons please
fax resume to: 328-6479

LEGAL NOTICE

NOTICE

IN sis MATTER OF GLACIS INTERNATIONAL
LIMITED
AND
IN THE MATTER OF THE INTERNATIONAL BUSINESS
COMPANIES ACT 2000

NOTICE

DOMINION ROSE LTD.

(In Voluntary Liquidation)

NOTICE is hereby given that a Petition for the |
winding up of the above-named Company by the Supreme |
Court was on the 9th day of May, A.D., 2005, presented
to the said Court by New Time Establishment, whose
registered office is situate at Abtswingertweg 1, FL-9490
Vaduz/Liechtenstein.

Notice is hereby given that the above-named
Company is in dissolution, which commenced on the 28th
day of April, 2005. The Liquidator is Argosa Corp. Inc., of
P.O. Box N-7757, Nassau, Bahamas.

“Vl

COMPUTERS LIMITED
—tThe Know How Team™——

Las AND that the said Petition is directed to be heard

before the Court at the:Supreme Court Building in the

City of Nassau. aforesaid on Tuesday the 21st day of June,

A.D., 2005 at 10:00 o’clock in the forenoon and any

Creditor or Contributory of the said company desirous to
support or oppose the making of an Order on the said
Petition may appear at the time of the hearing in person
or by his counsel for that purpose; and a copy of the

Petition will be furnished by the undersigned to any Creditor
or Contributory of the said Company requiring such copy.
on payment of the prescribed charge for the same.

Preto aaeu ke) hats ae a.
_ Systems Engineer / Field Technician

ARGOSA CORP. INC.
(Liquidator)



Custom Computers Ltd. has been providing network
integration and system solutions for more than 18
years, and is looking to recruit an experienced Systems
Engineer / Field Technician. This position provides high
level field support and consulting to our clients.

The successful candidate will be experienced in PC
hardware & terminology, MS Windows 28! NT/2000/XP
& NT/2000 Server, MS Exchange,

LEGAL NOTICE



Mckinney, Bancroft & Hughes
Chambers
Mareva House
4 George Street
Nassau, Bahamas
Attorneys for the Petitioner

GRAZIANA CORP.
(In Voluntary Liquidation)

Notice is hereby given that the above-named Company
is in dissolution, which commenced on the 27th day of
May, 2005. The Liquidator is Argoso Corp. Inc., of P. O.
Box N-7757, Nassau, Bahamas.

NOTE:- Any person who intends to appear on the
hearing of the said Petition miust serve on or send by post
to the above-named, Notice in writing of his intention so
to do so. The Notice must state the name and address of
the person, or, if a firm, the name and address of the firm
and must be signed by the person or firm, or his or their
attorney (if any), and must be served, or if posted, must
be sent by post in sufficient time to reach the Petitioner
or its attorneys not later than 4 o’clock in the afternoon of
the: 20th day of June, A.D., 2005.

ARGOSA CORP. INC.
Liquidator







alibi

Div $ P/E

Financial Advisors Ltd.



Come join the best
Coffee Company!

Previous Close Today's Close Daily Vol.
Abaco Markets

Bahamas Property Fund
Bank of Bahamas
Benchmark

Bahamas Waste

Fidelity Bank

Cable Bahamas

Colina Holdings
Commonwealth Bank
Doctor's Hospital
Famguard

Finco

FirstCaribbean

Focol

Freeport Concrete

ICD Utiliti-s

J. S. Johnson

Kerzner International BDRs

The #1 Coffee Company is looking for people who:
Know what it means to give outstanding customer service
Have an interest in Food and Beverage sales and
management
Desire to bring fun and enthusiasm to our company
Truly believe the customer always comes first
Preferably have 1-2 years customer service experience
in a retail or restaurant environment

We offer:

° A great group of people to work with

¢ Acompetitive salary and benefits package

¢ All of the training you’ll need to be highly successful

52wk-Low
12.50 Bahamas Supermarkets
10.00 Caribbean Crossings (Pref)
0.40 RND Holdin

Last Price Weekly Vol.

13.00 Bahamas Supermarkets

fanaa elle We are currently interviewing for:

Colina Money Market Fund
Fidelity Bahamas G & | Fund
Fidelity Prime Income Fund
Colina MSI Preferred Fund

1.216402*

2.2420 ***
10.3539*""**" «
2.221401**

Baristas
(Coffee Bar Specialist)

2.2420
10.3539
2.2214

4

1.9423
10.0000
2.0941
All interested applicants should bring in person to John
Bull Business Centre, Robinson Road on Thursday, June
2, 2005 between the hours of 10am and 1pm the following

documents:

BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00

52wk-Hi - Highest closing price in last 52 weeks

52wk-Low - Lowest closing price in last 52 weeks

Previous Close - Previous day's weighted price for daily volume
Today's Close - Current day's weighted price for daily volume
Change - Change in closing price from day to day

Daily Vol. - Number of total shares traded today

DIV $ - Dividends per share paid in the last 12 months

P/E - Closing price divided by the last 12 month earnings

**~ AS AT MAR. 31, 2005/ **** - AS AT FEB. 28, 2005

AS AT MAR. 24, 2005/ *** - AS AT APR. 30, 2005/ ***** AS AT AP!

YIELD - last 12 month dividends divided by closing price

Bid $ - Buying price of Colina and Fidelity

Ask $ - Selling price of Colina and fidelity

Last Price - Last traded over-the-counter price

Weekly Vol. - Trading volume of the prior week

EPS $ - A company's reported earnings per share for the last 12 mths
NAV - Net Asset Value

N/M - Not Meaningful

FINDEX< - The Fidelity Bahamas Stock Index. January 1, 1994 = 100

Resume, passport picture, copy of passport, copy of NIB
card, job references.





THE TRIBUNE



' FROM page one

“Legislation is a major step
forward, but there’s no point in
going out and marketing it if
you don’t have the resources to

_ pull it all together.”

Mr Jones said US tax attor-

"ney Joel Karp, a well-known

figure to many in the Bahami-
an financial services industry,

_ had played a major role in

‘developing the new External
.. Insurance Act. While a final

version of the Act has been

WEDNESDAY, JUNE 1, 2005, PAGE 3B

LOCAL NEWS
‘Substantial progress’

made on External
Insurance Act

produced, feedback is still
being provided by the indus-
try on the draft regulations.
The Bahamian economy and
financial services industry ’
could derive significant bene-
fits from a captive insurance

Legal Notice
NOTICE

GUN POINT INVESTMENTS LIMITED

This is to inform the General Public that all that private
thoroughfare or roadway known as Gun Point situate
northeastwards of the Settlement of Spanish Wells at the
northwestern end of the Island of North Eleuthera will be
closed to the public from 6:00 am to Saturday, 11th June,
2005 to 6:00 am to Sunday, 12 June, 2005 to protect the

right ownership.

EVERETT SANDS
President

Tadn Coves Lane, Governors Harbour,
Eleuthera, Bahamas

Tel (4 242)332 2874

Email head@eleutheraprep.ory
Headmistress: Mrs. Sonia Crisp RA

KEY STAGE THREE TEACHERS

Required for September 2005,
Key Stage Three teachers to cover the whole of the
British National Curriculum.

Eleuthera Preparatory School is expanding to include Years
7/8. We require teachers with at least five years teaching
experience of the British National Curriculum to teach
either English with Social Studies, or Mathematics with

Science.

The successful applicants will also have to share
responsibility for Music, Physical Education, Design and

Technology, Religious Education, Information and |

Communication Technology, Art and Design and a Modern

} Foreign Language.

A teaching couple would be preferred. Please forward letter
of application, Curriculum Vitae and two professional
references to the Headmistress by June 30th 2005.

Eleuthera Preparatory School
P.O.Box EL 86
Governors Harbour
Eleuthera

Email: - head@eleutheraprep.org
Telephone:-332-2874

ar



A

ANSBACHER

industry. The Bahamas already
has a competitive advantage
in that its current captive fee of
$2,500 per annum was much
lower than the $7,000 charged
in the Cayman Islands.

In addition, a 2004 Bahamas

Fiscal
deficit
up 51.6%
FROM page one

years. This, and a projected
strengthening in tourism,
will support robust econom-
ic growth during 2005 and
the medium term.

“Correspondingly, the
monetary sector should ben-
efit from healthy growth in
deposits, sustaining expan-
sionary private sector credit
conditions and facilitating
further build-up in external
reserves. The outlook also
remains favourable to an
improvement in asset quali-
ty conditions in the banking
system, and improved fiscal
sector trends.”

The Central Bank said the
stimulus from foreign direct
investment was expected to
increase during 2005, with
mortgage lending boosting
construction sector activity.

However, the 51.62 per
cent increase in the Gov-
ernment’s fiscal 2004-2005
deficit at the end of March
compared to the year-before
period is likely to raise fur-
ther concerns about the
health of the public finances. |

Once again, the main cul-
prit behind the deficit
appears to be recurrent
expenditure, which for those
nine months appears to have
increased year-on-year by
7.5 per cent to $765.3 mil-
lion from $711.9 million.
Capital expenditute was rel-
atively flat, declining by 2.55
per cent-to $42.1 million.

The Central Bank data
backed up the Governmen-
t’s statements about an
improving revenue situation,
though, with revenues and
grants some 2.48 per cent
ahead at March 31, 2005, at
$719.4 million compared to
the previous fiscal year’s
$702 million.

Import duties, which
account for about half of
government revenues, were
up by 9.67 per cent at $287
million, compared to $261.7
million in 2003-2004.

ANSBACHER (BAHAMAS) LIMITED

Ansbacher in the Bahamas invites applications from qualified individuals

fora

CLIENT ACCOUNTING MANAGER
Salary + Banking Benefits + Performance Based Incentive Scheme

The Client Accounting Manager reports to the Director of Fiduciary
and is responsible for the overseeing of a profitable Client Accouting
Department in the preparation of financial statements for clients. He/she
is also responsible for maintaining accounting records for Trust and
Companies while complying with ABL’s Systems of Internal Control
and liason with Internal and External Auditors.

Candidates should have a minimum of 5 years experience in a senior
~ management position with proven ability to achieve objectives and

meet deadlines.

Education should be to a degree level with a relevant professional
qualification such as CPA. It is also important that candidates satisfy
the regulatory requirements. The successful candidate must be able
to demonstrate solid team work, communication skills and a practical
“can do” attitude.

:

In addition to basic salary, benefits include life and medical insurance,
income protection and membership in a personal plan.

Written applications with current C.V. should be submitted to:

The Human Resource Manager,
Ansbacher (Bahamas) Limited,

P.O. Box N-7768,
Nassau, Bahamas
Fax 242-326-5020



also needed to reduce the turn-

NOTICE

NOTICE is hereby given that WESLY MOREAU, GOVERNMENT
SUBDIVISION, MARSH HARBOUR, ABACO, BAHAMAS, is
applying to the Minister responsible for Nationality and Citizenship,

Financial Services Board
(BFSB) study had shown that
if the Bahamas could capture
600 captives, the size of the
Cayman Islands’ industry,
some $1.5 million in fees would
be generated for the Registrar
of Insurance.

The BFSB report said:
“Additional economic spin-off
would be significant in the
areas of tourism (captives are
currently holding annual meet-
ings in the Bahamas without
having a nexus to this jurisdic-
tion), professional services and
banking - the average annual
expenditure in the Bahamas
on professional services per
captive is almost certain to
exceed $20,000.” \

And Guilden Gilbert, presi-
dent of the Bahamas Insurance
Brokers Association, said ear-
lier this year that the Bahamas
could emulate South Carolina,
which saw its captive insurance
sector grow from two in 2000
to 85 in 2003.

In 2003, the industry had
produced $4 million in state
revenues and $66 million in
managed investments, with
cash held totalling $61 million.
At the end of 2004, South Car-
olina boasted 114 captives.

Mr Gilbert said to capitalise
on this potential, in addition
to the new Act, the Bahamas

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
25th day of MAY, 2005 to the Minister responsible for Nationality
and Citizenship, P.O.Box N-7147, Nassau, Bahamas.



FABULOUS CAREER OPPORTUNITY

Leading fitness centre
is in search of a

Fitness/Aerobic
Instructor

The ideal applicant must have:

Bachelor’s degree from an accredited university
in Phys. Ed. or Exercise Science.

Certification in Aerobic & Personal Training
Certification in CPR & First Aid.

Minimum 2 years’ experience as a personal trainer
& step.aerobic instructor.

Knowledge of cardiovascular machines,
weights & body fat testing.

around time for approving cap-
tive insurance applications
from nine-plus months to
around three to four weeks.

There are 4,000 captives
operating around the world,
with more than $250 billion in
total assets and generating a —
collective premium volume of
more than $50 billion annually.

In its purest form, a captive
is a company that is part-
owned by a parent company
now in the business of insur-
ance, and which uses the cap-
tive to insure or all part of its
risk.

‘The use of captives has since
evolved into agency captives,
association captives and rent-a-
captives.

Experience with fitness testing, nutrition
assessments & dietary guidelines an asset.

Applicants must also be
Highly energetic with a passion for fitness
Able to interact with high-end clientele

Willing to maintain strict grooming standards

GREAT JOB FOR THE RIGHT PERSON!
Excellent conditions & benefits
Interested persons may apply at
dpaoffice@coralwave.com





VACANCY NOTICE

Applications are invited from suitably qualified persons for the position of
Accountant II.

MAIN DUTIES INCLUDE:








1. Ensuring that systems are in place so that the Investment and Fixed
Assets transactions are monitored and processed in an accurate and timely
manner, and in accordance with the policies of the Board.





2. To make recommendations on new and continuing investments of the
Board to enhance the investment portfolio yield.






3: To ensure that monthly and annual financial information from the Investment,
Insurance and Fixed Assets sections are accurately prepared and completed
on a timely basis.





4. To recommended policies and procedures that would result in the
implementation of current best practices and proper internal controls in the
Investment and Fixed Assets areas.





5. Ensuring that the Board’s insurance portfolio is properly administered to
adequately safeguard assets of the Board.




6. To ensure that technology is effectively used in the Investment and Fixed
Assets areas to improve ‘efficiency and improve the quality and timeliness
of information.




7. To develop, train, motivate and monitor staff.
8. Provide assistance in the overall operation of the Accounts Department.

QUALIFICATIONS AND REQUIREMENTS:




1. Professional accounting qualifications that entitles one to membership
of the Bahamas Institute of Chartered Accountants.





2. Minimum of two years post qualification experience

3. Work or audit experience in a major financial institution



4. Computer skills are essential



5. Strong supervisory, communication and analytical skills



SALARY:




This is a contract position with a salary of $60,000 per annum. Fringe
benefits include group medical/life insurance.



APPLICATION:






Application forms may be obtained from the Security Booth of the National
Insurance Board’s Jumbey Village Complex. Interested persons may submit
a completed application form along with the necessary proof of qualifications,
no later than 4:00 pm on Thursday, June 16, 2005, to:





The Senior Manager - Human Resources
THE NATIONAL INSURANCE BOARD
Headquarters Building
Nassau, Bahamas







PAGE 4B, WEDNESDAY, JUNE 1, 2005 THE TRIBUNE BUSINESS

BANCO SANTANDER BAHAMAS INTERNATIONAL LIMITED

Investment securities, which are investments held-to-maturity, represent those securities
that the Bank has both the positive intent and ability to hold to maturity and are recorded



BALANCE SHEET at amortized cost (cost adjusted for amortization of premiums and accretion of
AS OF DECEMBER 31, 2004 discounts). Investment securities are written down to fair value, if the fair value
(Expressed in thousands of euros except for share amounts) represents a permanent impairment in the value of the investment.
2004 2003 Securities available-for-sale represent those securities that do not meet the classification
of held-to-maturity or trading. Unrealized gains and losses on these securities are
ASSETS reflected as a separate component of shareholders’ equity.
Cash and due from banks
Demand - Group € 3,573 € 12,069 e. Securities pending settlement - Securities pending settlement represent the
- Others 7,597 29,452 commitments on trading security transactions, which the Bank has entered into but are
44170 41521 not settled at the balance sheet date. Unrealized and realized gains and losses incurred
———S on these transactions are recorded by the Bank op the transaction date.
gee sid : ee ae f. Derivative financial instruments - The Bank enters into derivative transactions to
SS Se mitigate the risk associated with foreign currency exchange rates. The Bank may enter
» __ 558,292 _ 2,011,685 into derivatives for speculative purposes when specific business.goals and strategies
Total cash and due from banks 569,462 2.053.206 have been identified. The derivatives are carried at fair market value. :
Accrued interest receivable - Group 46,269 14,118 g. Loans and allowance for loan losses - Loans are stated at the amount of unpaid
_ + Others - 1,295 principal, reduced by unearned discount and an allowance for loan losses. Accrual of
46,269 15.413 interest is discontinued when management believes the borrower’s financial condition is
5S : : ws, a , SS such that the collection of principal and interest is doubtful, at which time such loans are
Trading securities, net (Note 3) 2,715 6,497 placed: on non-accrual status and ‘any past due interest is reversed. If payment is
Securities pending settlement, mets Fe: 2,895 2,356 subsequently collected on these loans, the amount collected is applied first to the interest _
so Investment securities - -.Group (Note: 4)”: He aR 246,666 246,666 and then to the outstanding principal of the loan.
ecea a (Note 5) oe: sie 1.042. ‘ The allowance for Joan losses is. recorded at an amount considered to be sufficient to
* ee a ga 8 tie ae Fee | cover credit risks and takes into-account the economic environment, and the Bank’s past
-- Loans - Group" me ee 5,125,197 4,103,673 ©. - experience and specific and overall: portfolio risks. Due to the nature of the loan
< Other assets. Pe toa ae fe - 383 1,802 balances, there v was no allowance for loan lossés recorded during 2004 and 2003.
; “Unrealized gain o on n derivative instrufients, ae Oe DRR2 ie ne.

ce | ae income tax - Under the jaws of the Conimonwealth of The Bahamas, the Bank is not
‘- gubject'to income tax. Therefore, no provision or liability for income taxes has been
‘included in the above balance sheet.

oe “TorAt eee € 6,000,904 € 6,430,655



~ LIABILITIES AND SHAREHOLDERS" EQUITY | i. Fair value of financial instruments - IAS No. 32, “Disclosure and Presentation”,
ss : (revised 2000) requires entities to disclose information about the fair value of financial

LIABILITIES: instruments for which it is practicable to estimate such ts. The followi
A io € 73,977 €. 37,214 P amounts. € following
: Pea le f_iet 6 3hAlt assumptions were used by management to estimate the fair value of each class of
Time deposits - Group 4,658,142 5,301,030 financial instruments:
- Others , : ___ 69,643 _31,290
: 4,727,785 5,332,320 i. Cash and cash equivalents, accrued interest receivable, dividends receivable,
: qe other assets and other liabilities - The carrying amounts of these items
: Total deposits 4,801,762 _ 5,369,534 . approximate fair value due to their short-term nature.
Accrued interest payable-Group © 15,087 8,448 -
Securities pending settlement 2 3,870 il. . Investment securities - The carrying amount approximates fair value as future:
‘Unrealized loss on derivative instruments (Note 5) - 5,512 cash flows reflect changes in EIBOR.
oe other prov isions (Note 8). Ree a, aH 280000 ‘tii, Trading securities - The portfolio principally consists of investments in equity
Ottier liabilities | ts eee Boo Oe ON securities of European publicly traded enitities. The securities’ values as at year
; “Total Hepiins 5,186,933 —_ 5,617,428 © end were independently obtained via Bloomberg.
, ‘SHAREHOLDERS’ EQUITY: iv. Foreign currency forward contracts - The carrying amount approximates fair
Common stock, $1 par value; . value because of the short period to maturity of these instruments.
. 5,000, 000 shares authorized, issued and ee 5,309 5,309 : ‘
Additional contributed capital 772,500 772,500 v. Loans (group) and deposits - The carrying amount approximates fair value
Retained earnings 2 oe, 36,162 35,418 because of the short period to maturity of these instruments.
Total shareholders’ equity 813,971 813,227 ©
, . Ss
TOTAL | ao. hay 3 -- € 6,000,904 € 6,430,655 3. TRADING SECURITIE

Trading securities at December 31, 2004 and 2003 consist of the following:

See notes to balance sheet.

2004 = 2003

‘ Cost’ TSS praetor acm eit sat ase Bsns SAG C “7428
Book and fair market value € 2,715 € 6,497,

Securities held in the trading. portfolio are carried at fair value. The portfolio Principally
consists of investments in equity securities of European publicly traded entities.



4. INVESTMENT SECURITIES

Investment securities at December 31, 2004 and 2003 consist of the following:
NOTES TO BALANCE SHEET







Interest 2004 2003
DECEMBER 31, 2004. Rate Maturity Total Total
ie . Banco Santander Totta S.A.. Libor + 1 6%. Perpetual — 1,746 1,746 \
1 GENERAL Banco Santander Totta S. AL Libor: fe 1 6%: Perpetual 244,920 244,920 |
, rae Banco. ‘Santander. ‘Bahasies’ international ‘Limited ‘(the “Bank” was incorporated” in the Cee eae i is es oo = ue . . oe ai Seee0s Eo eee G66 286,666,
yee ‘Commonwealth : ‘of The. Bahamas and ‘was granted its license by the Ministry of Finance to ee rte fon . 8
te, carry. on its banking: ‘business. on: ‘September 6, 1994. The Bank’s ultimate parent is Banco thon oe
~ ... ‘Santander Central Hispano,:S.A. (the “Parent”), incorporated in‘Spain. The registered office is - ae DERIVATIVE FINANCIAL INSTRUMENTS ae XK






< Derivative financial instruments for. speculative purposes - The Bank enters into derivative
‘ financial instruments with non-Group entities in the normal course of business for speculative

"purposes. As of December 31, 2004, the Bank had open transactions for a total notional

_ amount of €237,574 with a market value of €2,482 (2003: €774,915 and €5,5 12, respectively).



‘located, ‘at. 3rd Floor,. Bahamas: Financial. Centre, Shatey:s and Charlotte ‘Streets, ‘Nassau, ie oe

The Bank & penton’ part of its activity with thee | entities of Grape Santander (the “Group”). .

ce The outstanding balances-at December: 31, 2004, of the main transactions with the Group and

othe: results: of these: transactions for, the nd then ended are described in the above balance
sheet.



Foreign currency forward contracts to cover open currency positions - The Bank is a party to

foreign currency forward contracts used in'the normal course of busiriess to meet its risk

2003: four management needs. These contracts typically mature within one year. The Bank does not
As at December 31, 2004, the Bank had a total of four employees ( ). speculate in the foreign exchange market.

The fair value of all such foreign currency forward contracts outstanding as of December 31,

2004, was approximately €4,835 (2003: € Nil) recorded as an asset in the accompanying

balance sheet.

Zz. SIGNIFICANT ACCOUNTING POLICIES

The above balance. sheet has been prepared in conformity with applicable International
Financial Reporting Standards (“IFRS”). The following is a summary of the significant

profiting from short-term price. movements and wre carried at fair value as adjusted for
gains and losses. o on committed sales anid purchases ;





accounts polis Slowed Ey the Bank: 6. TRANSACTIONS AND BALANCES WITH RELATED PARTIES
a Cas h and cash equivalents - Cash and cash equivalents is defined as demand deposits The Bank maintains balances and enters into business transactions with related parties. These
+ net of due to demand and time a with maturity of less than 90 days from year- balances, which fluctuate during the year, arise in the ordinary course of the Bank’s business.
ond ae cy Balances outstanding as of December 31, 2004 and 2003 are reflected in the above balance
ees - sheet.
“b.. . Use of estimates in ihe preparation. of the patébice sheet - The. preparation ‘of the :
-balance sheet in conformity with IFRS requires management to make estimates and . The Bank maintains.an administrative and management services agreement with Santander
assumptions that affect the reported amounts of-assets and liabjlities and disclosure of Bank & Trust Limited, a related entity.
- contingent assets and liabilities as of the date of the balance sheet. Actual results could
differ from those estimates.
; : 7. COMMITMENTS AND CONTINGENCIES
c. Translation of currencies - Asset and liability accounts denominated in currencies other
than the euros are translated into euros at the rate of exchange prevailing at year-end. The above balance sheet does not reflect various commitments and contingent liabilities,
‘Common stock, contributed capital, and retained earnings accounts are translated at the which arise in the ordinary course of business. The contractual amounts of these instruments
historical rate of exchange, or the exchange rate prevailing on the contribution date. represent a credit risk to the Bank should the instrument be fully drawn upon and the client
Bie: defaults. These commitments and contingent liabilities are described in the table below.
The following exchange rates were used to translate the assets and liabilities outstanding Commitments and contingencies, other than derivative financial instruments, are as follows:
in foreign currencies as of December 31,'2004 and 2003: 1
2004 2003
Exchange Rate ; ;
Currency 2004 2003 Undrawn portions of lines of credit:
Group € - € 672,669
United States of America Dollar (USD or $) 0.734 EUR/USD 0.792 EUR/USD ———
ret Soon (Be) RSIEURORR Tae eter Management does not anticipate any material losses as a result of these transactions.
Swiss Francs (CHF) 0.648 EUR/CHF 0.642 EUR/CHF |
, Legal matters - The Bank may be involved in litigation arising from transactions in the
ordinary course of business. Management believes that the ultimate liability, if any, resulting
2 wee from transactions in the ordinary course of business will not have a material effect on the
d. Securities - Securities on the Bank’s balance sheet are classified as trading securities, financial position or results of operations of the Bank.
securities available-for-sale or held-to-maturity investments.
The trading portfolio includes those securities, which are held with the intention of 8. ACCUMULATED OTHER PROVISIONS

AS. of December’ ale 2004, the Bank has igaded guarantees to related parties to a maximum

amount of €380,000 (2003: €230,000).



CAPITAL REQUIREMENTS

The Bank is subject to the regulations of the Central Bank of The Bahamas (“Central Bank”).
These regulations, which are subject to interpretation by the Central Bank, establish guidelines
to evaluate the capital adequacy of the institution. The Central Bank has established minimum
risk-based capital ratios. At December 31, 2004, the Bank’s management is of the opinion
that the Bank meets the established minimum ratios established by the Central Bank.

RISK MANAGEMENT

The following is a description of the Bank’s financial risk Management objectives and
policies:

Credit risk - Financial assets, which are potentially subject to credit risk, comprise mainly the
investments in securities. The Bank has a significant concentration with its affiliated
companies. ‘

Price risk - Price risk is comprised of currency risk, interest rate risk and market risk.

Currency risk - Currency risk arises from the possibility that the value of a financial
instrument will fluctuate due to changes in foreign exchange rates. The Bank minimizes this
risk by carrying out the major portion of its asset and liability transactions denominated in
euros, in order to insure that no significant exchange risk positions are carried.

Interest rate risk - Interest rate risk is the risk that the value of a financial instrument may
fluctuate significantly as a result of changes in market interest rates. The Bank’s exposure is |
monitored through ensuring that the asset and liability transactions are contracted over similar
average terms and with a spread which provides the Bank with an adequate return.

Market risk - Market risk is the risk that there will be a change in the value of a financial
instrument due to changes in market conditions. The Bank minimizes this risk through various
control policies, monitoring procedures and hedging strategies.

Deloitte.

Deloitte & Touche

Chartered Accountants

and Management Consultants
2nd Terrace, Centreville
P.O. Box N-7120

Nassau, Bahamas

Tel: + 1 (242) 302-4800
Fax: +1 (242) 322-3101
http://www.deloitte.com.bs.

INDEPENDENT AUDITORS’ REPORT

To the Board of Directors of
Banco Santander Bahamas International’ Limited:

We have audited the above balance sheet of Banco Santander Bahamas International Limited (the
Bank”) as of December 31, 2004. The balance sheet is the résponsibility of the Bank’s
management. Our responsibility is to express an opinion on the balance sheet based on our audit.

We conducted our audit in accordance with International Standards on Auditing. Those Standards
require that we plan and perform the audit to obtain reasonable assurance about whether the balance
sheet is free of material misstatements. An audit: includes examining, on a test basis, evidence
supporting the amounts and disclosures in the balance sheet. An audit also includes assessin the
accounting principles used and significant estimates made by management, as well as sales the

overall balance sheet presentation. We believe that our audit provides a reasonable basis for our
opinion.

In our opinion, the balance sheet presents fairly, i i i iti
i y, in all material respects, the financial position of th
Bank as of December 31, 2004, in accordance with International Financial Reporting Standards ;

pholle & Torals

January 31, 2005 ;



Ue sy)

Thursday, June 2, 2005
~SHIPAHOY COMPLEX |



THE TRIBUNE

WEDNESDAY, JUNE 1, 2005, PAGE 5B



FROM page two

enter every part of its domestic market. Under Arti-
cle 33, Member States are expected to remove any
“restriction on the setting up of agencies, branches or
subsidiaries by nationals of a Member State in the
territory of another Member State’” (see page 38).

The Bahamian public is entitled to plain and
direct words from the Government that, by its deci-
sion to join the CSME, the Government intends to
allow CARICOM nationals to operate any busi-
ness in the Bahamas as self-employed persons on the
same basis as any Bahamian. And, that included are
those business areas presently reserved under the
National Investment Policy exclusively for Bahami-
ans, namely:

i) Taxis

ii) Beauty salons or barber shops,

iii) Auto repair services

iv) Fishing

v) Retail shops of any kind

vi) Wholesale shops of any kind

vii) Real estate sales and rental agencies,

viii) Restaurants (non-specialty), and

ix) Security services

The Government should disclose in plain lan-
guage to the public that the CSME would impose an
obligation upon the Bahamas to. ensure that
Caribbean nationals, on the same basis as Bahami-
ans, have access to land, buildings and other property
in the Bahamas for their establishment of business-
es in the Bahamas (see Article 37).

The Reservations

There is much confusion about the duration of any
of the four reservations to parts of the CSME:

Article: 237 of the Revised Treaty allows reserva-
tions to be entered if other CARICOM countries
that sign the Revised Treaty would agree. However,
the Revised Treaty does not define the word “reser-
vation” or speak to its duration or legal effect.
. Ministér Mitchell has stated that the reservations
would have no time limit unless the Bahamas decides
to remove them. Le ol

The Bahamas Information Paper states that “these
reservations could last for 20 years or more” (page
47). : ;
A Barbados-based CSME specialist has reportedly
stated that the proposed reservations would be lim-
ited to five years and that any extension would
require the agreement of Caricom members.

However, even if one agrees with the position of

VACANCY NOTICE
Job Title: SENIOR SECURITY SUPERVISOR

Core Functions:

¢ Ensure the protection of life, property, confidential
documents and other information and the safety and

well-being of employees and visitors.

¢ Perform supervisory duties and assist with

administrative matters.

Education and Other Requirements:

¢ Three (3) BGCSE/GCE passes with ‘C’ grades or
above or equivalen,high, schoo]. diploma, and nine.(9).
years relevant experience, including three (3) at the

supervisory level. .

* Good supervisory and communication skills

¢ Sound human relations skills

¢ Computer skills and knowledge of surveillance systems

are assets

¢ Knowledge of policing principles

¢ Punctual, reliable, alert and physically fit

¢ Clean Police Record

¢ Good character

Interested persons should submit a resume, documentary proof
of their qualifications including copies of certificates, and three

character references to:

The Human Resources Manager

DA 4275
P.O. BoxN-3207
Nassau, Bahamas .
by Thursday, June 9, 2005

NOTICE

Caribbean Court

Minister Mitchell on a question of duration, more
fundamental is that, as a matter of international
law, no state may form a reservation to a treaty if the
reservation is incompatible with the object and pur-
pose of the Revised Treaty (Vienna Convention on
The Law of Treaties, Article 19).

In this regard, it appears that some - if not all - of
the four reservations directly conflict with the object
and purpose of the CSME. As such, at some point
after the Bahamas would have signed on to join the
CSME in reliance upon four reservations of uncer-
tain effect, the Bahamas may find itself subject to a
dispute brought by other CARICOM states chal-
lenging the reservations.

Therefore, whatever position one takes on the
duration of reservations, if they are incompatible
with the object and purpose of the Revised Treaty,
they may only last until the Caribbean Court of Jus-
tice sets them aside. The CCJ alone shall have juris-
diction to determine the matter. In this connection
it should be clearly understood that the proposed
reservation against the CCJ would not - and could
not - prevent the CCJ from having exclusive juris- -
diction over CSME disputes concerning the
Bahamas.

There is no compelling economic or political case
for the Bahamas to join the CSME in its present
form. The four reservations are insufficient and too
uncertain to protect the legitimate interests of the
people of the Bahamas. The Bahamas should reject .
the Revised Treaty and, instead, pursue a bilateral
treaty between the Bahamas, on the one hand, and
CARICOM, on the other, covering such aspects of
economic and/or political co-operation as the
Bahamian people would find acceptable.

Conclusion
The Bahamian public deserves a clear under- °

standing of how the CSME will impact their way of
life. That understanding requires informed discus-
sion, widely held. - in our churches, unions, schools
and families - and time for mature consideration. It
is unfortunate that the Government did not choose
to invigorate its campaign for the CSME sufficient-
ly in advance of the impending CSME deadline of 31
December, 2005. But Bahamians ought not to be
rushed into a bad deal. An issue so profound as
whether to join the CSME could not, with moral
authority, be decided by the Government without it
first being put to the people in a referendum or
general election.

CSME
reservations
~~ could be

overturned

FROM page one

employed.

¢ sD Jatter category, were.
‘covered by the Right-of.|:
Establishment, which the ~
Bahamas.-is not seeking a
reservation from. Mr
Delaney said the assertion
by-Fred: Mitchell, minister
of foreign affairs, that the
right of free movement of
self-employed persons is
“principally in areas that
earn foreign exchange such
as hotels, which are already
open to foreign investors”,
was contradicted by both
the revised Treaty and a
paper. produced by CARI-
COM Ambassador Leonard
Archer.

_. Mr Delaney writes: “The
Bahamian public is entitled
to plain and direct words
from the Government that,
by its decision to join the
CSME, the Government
intends to allow CARI-

J’ COM nationals to operate
‘any .business in the
Bahamas as self-employed
“persons on the same basis
as any Bahamian.

|. “And, that included [in

| that], are those business
areas presently reserved
under the National Invest-
ment Policy exclusively for ’
Bahamians.”

Mr Mitchell has previ-

ously said that the Right of

(Western Gate)

IN THE ESTATE OF MONICA MARY

Establishment, which allows

CARICOM nationals to
establish businesses in the
Bahamas’ unhindered,
would not apply to the
retail and wholesale sectors.

However, The Tribune’s
own research has found no
mention of an exemption
for these two industries in
the revised Treaty. Mr
Mitchell said the Right of
Establishment would
chiefly apply to foreign
exchange earning indus-
tries, but the revised Treaty
only states that such indus-
tries would be priority tar-
gets for this part of the
Treaty - not the exclusive
part. s
Meanwhile, the Trade
Commission’s 2003 report
on whether the Bahamas
should join the CSME said
that while the monetary
union objective was a long-
term goal, due to the
absence of any economic
convergence and policy har-
monisation between mem-
bers states, this nation had
to be wary of this goal.

The report said: “The
Bahamas is cautioned on
ceding any degree of mone-
tary and economic policy to
CARICOM. The Bahamas
comparatively stable eco-
nomic performance outturn
vis-a-vis some of the CARI-
COM member states could
be placed in jeopardy by
this objective.”

HENNESSEY also known as MONICA
MARY TRUMP ALBURY HENNESSEY
late of the Eastern Road in the Island of
New Providence in the Commonwealth
of The Bahamas, Widow .

West Bay Street,
opposite Well’s Service Station
DOORS OPEN FOR
VIEWING & REGISTRATION
9:00am - 10:00am

AUCTION

10:00am - 2:00pm

Deceased

NOTICE is hereby given that all persons having »
any claims against the above-named Estate are
required, on or before the 30th day of June, 2005
to send their names and addresses, and particulars
of their debts or claims, to the undersigned, and if
so required by notice in writing from the
undersigned, to come in and prove such debts or
claims, or in default thereof they will be excluded
from the benefit of any distribution made AND all
persons indebted to the said Estate are asked to
pay their respective debts to the undersigned at
once.

¢ Office Furniture, Computer Equipment &
other Supplies

e Exercise Equipment

¢ Vehicles & Fork-Lift - by Sealed Bid on Site

¢ Construction & Miscellaneous Supplies

GENERAL PUBLIC IS INVITED

Dated the Ist day of June, 2005

CALLENDERS & CO.
Attn: Mr Ritchie W. Sawyer
One Millars Court

P. O. Box N-7117

Nassau, Bahamas

Attorneys for the Executors





2 Fab ERRATA Rt

FY BR] Hoh, Re

PAGE 6B, WEDNESDAY, JUNE 1, 2005

TRIBUNE SPORTS





NFL draftee Alex catching

on at Tampa Bay Buccaneers

H By KELSIE JOHNSON
Junior Sports Reporter

ALEX SMITH, the second
Bahamian NFL draftee in two
years, who’s now in a month
of training with the Tampa

Bay Buccaneers rookie camp, ©

has already made an impres-
sion on the Buccaneers head
coach Jon Gruden and coach-
ing staff with his catching dis-
play.

The former three-year

starter at the Stanford college
is considered to be the pre-
mier tight end among all of
college football's seniors who
were drafted.

*- -_ = = lm
a-— 7 z eee - —_—- - —«
we ee ee
—_-_——- oo > le

-_ - e. —_





certificate and copies of licences. .

WANTED
BOAT CAPTAINS AND CREW

¢ Captains must have ‘Class A’ Licence

¢ Captains must have ‘STCW 95’

* Crew/Deckhands must have ‘STCW 95’
¢ Jobs based in Great Harbour Cay

All Applicants need resume, references, Medical certificate, police

Salaries based on certification and eae ;

Bahamian impresses

coaching staff

He was the 71st pick in the
third round of this year’s draft,
and among 12 players selected
by the Buccaneers.

Smith, who stands at 6 feet 4
inches and weighs in at 258
pounds, is the son of the
Bahamas’ first professional
football player, Edwin Smith.

Edwin played in the NFL in
1973 with the Denver



“Copyrighted Material
Syndicated Content

Available from ¢ Commercial. News Providers”







-| should send a written and signed statement of the facts within



Contact: 242-427-5385, P.O. Box SS-19343 Nassau

NOTICE

NOTICE is hereby given that CARGEL CHARLES, ROLLE AVE
OFF PEACH STREET, NASSAU, BAHAMAS, is applying to the



‘| Minister responsible for Nationality and Citizenship, for

registration/naturalization as a citizen of The Bahamas, and that
any person who knows any reason why registration/ naturalization
should not be granted, should send a written and signed statement
of the facts within twenty-eight days from the 25TH day of MAY,
2005 to the Minister responsible for Nationality and Citizenship,
P.O.Box N- 7147, Nassau, Bahamas.

NOTICE

NOTICE is hereby given that PETDNER PIERRE, HANNA HILL,
EIGHT MILE ROCK, GRAND BAHAMA, BAHAMAS, C/O
GENERAL DELIVERY 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,










twenty-eight days from the 25th day of MAY, 2005 to the Minister
responsible for Nationality and Citizenship, P.O.Box N-7147,
Nassau, Bahamas. :






Broncos.

According to a Buccaneers
news release, posted earlier
this week, Smith ran down the
middle of the field and hauled
in a 25-yard pass. Buccaneers
coach Jon Gruden shouted:
“Merry Christmas for the Buc-
caneers, if Smith keeps mak-
ing plays like that, it will cer-
tainly be.”

wi

’

Smith is noted for his ability
to run the field and make
plays at the camp. _

He said: “It feels great to
be at training camp, it’s no dif-
ferent from the training camps
in college. It’s comforting to
know that every time the
coach calls my name it is for
something good.

Plays

“J try to give it my all when
Iam out on the field. There’s
a lot of plays we have to learn
and we are out there all day
practising.

“I am still trying to get

ad

adapted to the weather and
the area, but, other than
that, everything is going very
well.”

According to Smith, the
training schedule varies week-

ly, but their viewing of prac- |
‘tice sessions has been on a

constant basis.

“We practise every morn-
ing and at the end of these
practice sessions we watch the
video tapes of practices,”
Smith added. “It feels great
knowing that all the players
are out to practise, and we are
given this opportunity to prac-
tise with them.”

The Buccaneers are allowed



‘

only one mandatory full-team
mini-camp during the off-sea-
son. Tampa Bay’s mandatory
mini-camp will run from June
21-23, the latest scheduled
mini-camp among all 32 teams
in the NFL.

w

Teams .

All teams in the NFL are
given 14 allotted camp days,
however, teams with new head
coaches are allowed two
mandatory camps during ie
off-season.

The final day of the Bucs’
mini-camp will be the last day
for the off-season program.

sl

oF an By 2

—

Gan

al

“es 4
i ‘ bs

Soccer superstar Ronaldo dropped

from Brazil Wortkd

eer 5. ee ® we
—
¢ (1) Bartender

Small family restaurant in Western District is
seeking to employ:

Applicants please telephone 362-0681 for interview.



° (1) Cook (must be experienced in Bahamian Dishes)

¢ (1) Waitress (for evenings only).

NOTICE

NOTICE is hereby given that PATRICIA ROSEMARY JOHNSON
OF EWON STREET, P.O. BOX N-312, 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
25TH day of MAY, 2005 to the Minister responsible for Nationality
and Citizenship, P.O.Box N- 7147, Nassau, Bahamas.







up qualifiers squad

Ree ot



« TRIBUNE SPORTS

WEDNESDAY, JUNE 1, 2005, PAGE 7B



SPORTS



Beauty and the beast to clash in
French semi-final showdown

, Imperious and nearly imper-
yious, Roger Federer plays the
beautiful game. Muscular and
macho, Rafael Nadal is, like the
‘uncle who inspired him, “The
Beast”, according to Associat-
ed Press.

Federer is the top player,
Nadal the hottest; and their

_Straight-set victories at the
“French Open yesterday set up a
‘semi-final collision that virtual-
‘ly everyone knew was coming.
_ The only shame is that the
‘duel between the Swiss and the
Spaniard, the best players on
-the ATP Tour this year with 11
‘titles between them, is not for
the championship.

Federer’s 6-2, 7-6 (3), 6-3
quarter-final win against Victor

«Nadal’s 7-5, 6-2, 6-0 romp over
“David Ferrer.

The tournament, however,
‘should have its fill of grand the-
-atre on Friday when Federer
continues his quest for a career
“Grand Slam and Nadal cele-
-brates his 19th birthday on cen-
tre court in his first major semi-

final.
“ Nadal's uncle and mentor,
‘former soccer star Miguel
“Angel Nadal, took pride in his
‘nickname “The Beast of
-Barcelona”. Rafael's first love
“was soccer and he inherited his
“uncle’s dynamic style and ath-
“Jetic talent. Under the tutelage
-of another uncle — Miguel
~Angel's brother, Toni — Nadal
“transferred those attributes to
“the tennis court and quickly
-tose in the rankings after turn-
“ing pro at 15 — little more than
“three years ago.
_ Always bouncing on his toes
“or running with boundless ener-
-gy, Nadal has won 22 straight
‘matches, all on clay, and is seek-
-ing his sixth title of the year in
chis first French Open. No less
_an authority than John McEn-
‘roe sees Nadal as the greatest
new talent since Boris Becker
‘burst on the scene to win Wim-
bledon at 17 in 1985.
__ “To play the semifinal against
the No 1 is unbelievable for me,
no?” Nadal said.
. More than just a baseline
basher, Nadal has shown cre-
ativity with drops, lobs and
reflex volleys.
. His last loss came when Fed-
‘erer rallied from two sets down
to beat him in the final on a
hard court in Key Biscayne two
‘months ago.

“J think I’ve learned very

much how to play him,” Feder-
er said. “In the beginning I did-
n’t really play very well at all,
and he took advantage of that,
totally. So I had to fight my way
back. I came through, and in
the end I felt the fitter player.
He looked extremely tired in
the fifth, and that kind of sur-
prised me.

“Now, we’re on clay. Rallies
can be even tougher. But I
thought (Key Biscayne) was a
tough match. I think we can
expect the same — not that we’re
going to play five sets again, but
tough rallies and hard hitting."

Federer, 46-2 with six titles
this year, plays a more elegant
game than Nadal and is showing
that he can win as easily on clay
as he has on other surfaces. He
has won 11 straight matches and
28 straight sets on clay from ¥
Hamburg to here. More than
last year, when he won the Aus-
tralian, a second Wimbledon .
and the US Open, he now
exudes an air of sovereignty
over the men's game.

“T said from the start, I don't
think my draw is extremely
tough,” Federer said. “Because
I don’t fear no players, but I.
respect them all. For me, it's
ee I haven't lost any
energy.’

Vulnerable

Despite winning in straight
sets against the 6ft 6in Hanescu,
Federer showed he could be
vulnerable in long rallies. The
Romanian, who lacked a big
serve and was averse to attack-
ing the net, succeeded most
often when he pummelled the
ball deep and waited for the
more aggressive Federer to
make mistakes. Federer had
more unforced errors — 36-26 —
but he also had far more win-
ners — 56-17.

“Strangely, Federer double-
faulted three times in a row
when he was serving for the
match at 5-1 in the last set.

““It was an awkward
moment,” he said. “Hasn't hap-
pened to me in a long, long
time, to serve so bad closing out
the match.

“I was too much in my zone. I
just wanted to get it over and
done with too quick. I was so
happy the way I was playing,
and making my first semi-finals
appearance, I got a little overex-
cited there.”

—_—



“Copyrighted Material
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WEDNESDAY, JUNE 1, 2005

SECTION



Fax: (242) 3 328- 2398

E-Mail: sports@100jamz.com

ORTS



MIAMI HERALD SPORTS







NOTA aT
Fesior through
Osemifinals

@ RENALDO DORSETT

Junior Sports Reporter

BAHAMIAN, Mark

_ Knowles and his teammate,

Canadian Daniel Nestor,
advanced to the Men's
Doubles semifinals of the
’ French Open at Roland
Garros Stadium in Paris,
France yesterday.

The tournament's number

one seeded team defeated
twelfth seeded Martin,:

Damm of the Czech Repub-.

lic and Mariano Hood of

Argentina in four sets: 7-6,

(7-2),.3-6, and 6-1.
Event

The duo has reached the ©

French Open final twice

a




=Copyrighted| Material

Syndicated Content

ila
Available from Commercial News Providers”



before, only to fall short of
winning the prestigious
grand slam event, finishing
as runners up in 1998 and
2002.

Knowles and Nestor look
to rebound from a disap-
pointing opening round loss

in the U.S. Open earlier
this year.

They are the ATP tour's.

third ranked team behind’

top ranked Bob Bryan ad

Mike Bryan and second

ranked Wayne Black and -

Kevin Ullyett.

Knowles and Nestor have

an opportunity to rest for
the semifinals which are
scheduled for Thursday.

(AP FILE Photo)



Bahamian boxing side revealed for

this

@ By KELSIE JOHNSON
Junior Sports Reporter

A 15 MEMBER squad will
battle for the top titles in this
year’s Caribbean Amateur
Boxing Association (CABA)
championships.

The Bahamas Boxing Fed-
eration (BBF) yesterday
revealed the 15 names of the
team set to take part June

17th-24th, in St Thomas, Vir-- ~

gin Islands.

The CABA championships,
which usually has a Easter
slating, was postponed after
the Cayman Islands relin-
quished their right to host the
games..

Cayman Islands were forced
to waiver due to massive hur-



Fifteen set to compete in

St Thomas, Virgin Islands



ricane damage suffered dur-
ing last year’s season.

The Bahamas, the defend-
ing champions, are set to con-
tend the titles in all divisions,
using the lay off as a prepara-
tional period.

Wellington Miller, BBF
president, said: “We were dis-
appointed when the games
were postponed, but it all
worked in our favour as time

|

went on.

“We were able to put on
quality trials for the games,
selecting the strongest team.
We believe we have a strong
team, especially the senior
division.

“This division is the
strongest, these are boxers
who’ve been to the champi-
onships year after year win-
ning medals and other titles.”

Fighting out of the senior
division are James McKenzie,
Keishano Major, Taureano
Johnson and Shamaalye
Lightbourne.

Both Johnson and Major
are gold medallists from
previous games, with Johnson
winning the most outstanding
boxer award and Major
the best boxer in his
division.

Johnson is expected to lead
the divisional team, because
of his experience and training
in Cuba.

The Bahamas will field a full
team in the seniors division,
under 20 division and the
cadets division.

Impact

However, Miller believes
that the junior team will also
make an impact at the games,
saying that half of the boxers
competing under that bracket
have sparred with the senior
boxers.

“We are expecting big
things from our junior box-
ers,” confirmed Miller. “We
should come back with at least

year’s CABA championships

three to four medals from this
group. ,

“All of the boxers are train-
ing hard, they are confident
and ready to go. We don’t
know too much about the
cadets division, this will be the
first time we will be competing
in this division.”

~ So far, Johnson is the only

boxer to see international
competition.

Johnson competed in the
Giraldo Cordova Cardin box-
ing tournament, a champi-
onship held in Cuba, April
26th-28th where was defeat-
ed by Cuba’s Yuddel Johnson
on a judges’ decision.

The team is expected to
leave for competition on June
16ch. 7

(







EXHIBITIONS © MUS

WEDNESDAY, JUNE 1, 2005



‘Wide Angle’ film series
looks at the bigger picture

@ By JANICE MATHER

SCHOOL may be out for the
summer but classes are in for
critical film fans hungry for
something more substantial
than the latest fluffy Hollywood
‘flick. Now, every other Thurs-
day, Bahamians can watch issue

oriented films — for free — then.

stick around for a forum where
audience members share their
views.

“You can not only see (a
movie), you can talk about it;



“We don’t want the film experience to be an
isolated experience, you don’t just go in, see it,
and go home — we give you a chance to reflect
and it becomes more of an educational process.”



Erica James, curator for the National Art Gallery

the film series, entitled “Wide
Angle”.
“We don’t want the film

which, in collaboration with the ©
College of the Bahamas’ School
of English Studies, is hosting

it’s not an isolated experience,”
explains Erica James, curator
for the National. Art Gallery,

experience to be an isolated
experience, you don’t just go in,
see it, and go home - we give
you a chance to reflect and it
becomes more of an education-
al process,” Ms James said last
Thursday, when “Wide Angle”
made its debut.

“Right now, in the audience I
see a historian, I see an actor, I
see artists, I see different groups
of people. So the information
that you need might be in the
person next to you.”

Wide Angle’s organisers hope

Artists recurring



- themes reflect.

the Caribbean

@ By JANICE MATHER

CHRISTOPHER Cozier’s work is demanding.
Not only do you have to look at it, you have to
really look at it - up extra close, eyes squinted to
decipher often tiny, sometimes illegible state-
ments scrawled vertically, horizontally, and curved
around images of the colonial and postcolonial
Caribbean.

Although the artist and writer is Trinidadian, he
has no problem speaking to other audiences; in
April, he visited Nassau as the first featured
speaker at the National Art Gallery’s “Artist and
Critic” series. And, as Jay Koment, owner of
New Providence Art and Axiiques, points out,
many of Cozier’s recurring themes — estate, the
concept of paradise, a colonial history — are com-
mon throughout the Caribbean.

Trapped

A numerically small but informationally dense
exhibition of Cozier’s work is on display at New
Providence Art and Antiques on Bank Lane until
June 17. In it, Cozier explores nakedness, feeling
trapped, being measured, and other frustrations
common to the contemporary Caribbean experi-
ence.

In “Baggage”, a written artist’s statement, Cozi-
er says: “As an artist, one often feels like one is
also standing at an intersection with a sign and
you keep re-writing and re-arranging its message
wondering if it is being understood and engaged...
On the day I was driving to the airport from Port
of Spain, a man walked past me, with nothing

more than a burlap bag around his waist and a:
sign saying ‘in time to come we will all live as’

799

one’.

In his print “Maintaining Balance”, male figures
attempt to balance symbolically colonial i images —
a decidedly non-masculine china teacup, an old
school blackboard. Behind these are tucked part
of another Cozier image; a man naked but for a
placard, which reads, “I have decided that I must
go on without your help or permission”. ’.

On a print of the ever-familiar tropical palm
tree, he writes, “every time I see one of them
trees I start to feel stress... stress related to the
dreadful smallness and voidness of this damn
place. The word ‘estate’ and all its nasty meanings
come up.” And on another print featuring the

That experience may be common throughout
the Caribbean, but, interestingly, the show
explores these concerns from a particularly male
point of view. While some statements, like “I am
always wondering about the shape of my voice”,
written on his print “Sound System” are widely
applicable, it is a Caribbean male figure that is
repeatedly shown stripped naked, subject to mea-
surement with a ruler — and a specifically male fig-

ure that is engaged with struggling to maintain a:

balance.

The exhibition features three large prints and
two sets of four smaller prints, but, like the recur-
ring palm, several images and ideas are repeatedly
explored. There’s the theme of running — evi-
dent in stamps of the runaway slave and the on-
the-run modern Caribbean man — and the concept
of estate, seen through another stamp of a top-

‘ABOVE LEFT: About Balance
1 ABOVE: Intersection

hat-clad, cane-carrying plantation owner. The
recurring black male figure is, as in “Maintaining |

Balance”, sometimes directly beneath something,
but at other times, as in “Sound System”, simply
appears to be under a heavy weight, burdened
somehow. In his artist’s statement, Cozier com-
ments on witnessing South Africans bustling
about carrying loads, or those in his home toting
children on their backs or objects on their head.

Metaphor

“T had been working with 19th century engrav-
ings of escaped slaves, with their bundles going
North, as a metaphor for the migrations of
Caribbean people,” he writes. “It was part of my
visual vocabulary; the baggage I had brought. To
carry these large bundles/burdens one had to
master the art of balance and of composure so as
not to injure oneself or to lose or damage the
contents of the bundle. For me, it became a sym-
bol of my own condition, growing up in a Post-
colonial space and about how the very thing with
which one struggles/negotiates is also that which
has provided sustenance and that one continues to
carry.”



a film forum will attract a dif-
ferent crowd to the gallery, fill a

need for thought-provoking

films, and provide a space
where Bahamians can confront
and discuss issues from mas-
culinity to human rights, glob-
alization to genocide.

Most of the seats provided
were filled at the first show,
which featured “Life and
Debt”, a documentary based on
Jamaica Kincaid’s nonfiction
text “A Small Place”. Directed
by Stephanie Black, “Life and
Debt” examines the experiences
of struggling or now-defunct
local agricultural, dairy, and ~
meat farmers affected by the
International Monetary Fund,
and women working in Free
Trade Zones where, employed
by American corporations, they
earn legal minimum wages of
$30 weekly.

Poverty

Interspersed with interviews
with former Jamaican president
Michael Manley, and with an
IMF official. The poverty of
everyday Jamaicans is heavily
and ironically contrasted with
a charmingly fake paradise
product of smiles, tasty cuisine
imported from Miami, and days
spent by. the pool engaged in
beer-drinking contests and crab
races.

Through June, July and
August, more films ‘delving into
tough but timely topics will be

‘shown every other Thursday,

starting at 7.30pm, each fol-
lowed by a discussion forum led
by representatives from acade-
mia, Amnesty International, the
art world, and other arenas.

Upcoming films include
“Maria Full of Grace”, “The
Agronomist”, “Lumumba”,
“Tough Guise”, “Dirty, Pretty
Things” and “Hotel Rwanda”.

Although the films aren’t
specifically Bahamian, they
open the door for discussion of
issues that are all too familiar
here.

After last week’s screening

\of “Life and Debt”, audience

members shared views on the
CSME, FTAA, and the present
and past state of local farming.
And, as Dr Ian Strachan, chair
of COB’s School of English
Studies, points out, the films
provide an opportunity to look
not only at big issues, but at a
bigger global picture.

Opinions

Since films both inform and
tell individual human stories,
says Dr Strachan, they can
provide people with more infor-
mation on which to form their
opinions, and, through stories,
to form those opinions
with greater empathy and rea-
son.

“The issues that face the
Bahamian society like global-
ization, like immigration, like
crime, like governance, these
issues seem to be so much ruled
by emotionalism and there’s
very little reasoned discussion,
and the voices usually come
from established sectors as
opposed to allowing minority
points of view to be expressed
or giving time for more rea-
soned explanations.of issues,”
he says.

“We look at film just as enter-
tainment here in our society,
and yet it’s a very powerful art
form that can in fact engage us
about issues that really can
affect our belief system and our
received values and ideas, and
can challenge power, even, and
inspire us to work towards a
more egalitarian society. Wide
Angle just means looking at the
bigger picture, looking at the
world in which we live, real
issues.”



TM t eM wee ee

PAGE 2C, WEDNESDAY, JUNE 1, 2005

THE TRIBUNE





THE ARTS

@ Bahamian artist and
blacksmith Tyrone Ferguson
will introduce the basic prin-
ciples of welding and shaping
metal during a National Art
Gallery of the Bahamas
Youth Workshop on Satur-
day, June 4 and June 11. Par-
ticipants in the Metal Work-
shop will assist in the con-
struction of a metal door that
will be installed at the gallery.

This workshop will be held
at NAGB, West and West Hill
Sts and is for children
between the ages of 10 and
18. It will run from 10am-1pm
each Saturday. Cost: $5 (mem-
bers) and $8 (non-members).

Call 328-5800 to reserve a
space for your child.

@ Maria Full of Grace will
be screened on Thursday,
June 9, 7.45pm at the Nation-
al Art Gallery of the
Bahamas, West and West Hill
Sts. Maria is a Colombian

teenager who, for a large pay- -

cheque, agrees to be a mule
for drug runners. She has to

_ swallow dozens of thumb-
sized capsules of heroin and.

smuggle them into New York,
but not everything goes as
planned.

Discussants following the
screening will be Tamico
Gilbert of Amnesty Interna-
tional and Jessica Minnis of
the College of the Bahamas.

Admission is free. Refresh--

ments will be on sale. The
film is not appropriate for chil-
dren.

Maria Full of Grace is part
of the Wide Angle cinema
programme by the National
Art Gallery of the Bahamas
in collaboration with the
School of English Studies.

@ Christopher Cozier, an
exhibition of drawings and a
series of prints runs until June
17 @ New Providence Art &
Antiques, Bank Lane. Time:
llam - 5pm. Christopher
Cozier is an artist and writer
living in. Trinidad. Hi
explores the'ambitions, hopes
and:



' 13 and Tuesday, June 14, 6pm-

. journey through the history of






contradictions » of.

Caribbean society in the post-
colonial era. Cozier’s work has
consisted of multimedia pro-
jects involving sound, video,
live performances and instal-
lations, including drawings,
constructions and appropriat-
ed objects. For more informa-
tion call 328-7916 or visit
www.npartantiques.com

@ Bahamian artist Holly
Parotti (pictured) will conduct’
a medium specialist workshop
in etching on Monday, June

9pm at Room T-24, The Col-
lege of the Bahamas.

The workshop is part of the
National Art Gallery of the
Bahamas public programming
schedule and is geared
towards practicing artists and
those with a keen interest in
art making.

This series is designed to
provide an in-depth, hands-on
experience in a specific

media or process of art pro-
duction.

Call 328-5800 to reserve a
space. $35 non-members, $25
members.

@ LeRoy Clarke, interna-
tionally renowned artist of
Trinidad, is the upcoming fea-
tured “Artist and Critic” in
the National Art Gallery of
the Bahamas’ special series.
Clarke, a teacher and self-
taught artists, will talk about
his work at the NAGB on
June 21, 7.30pm and will meet
privately with local artists in-
studio on Tuesday, June 21
and Wednesday, June 22.
Please call the NAGB at 328-
5800/1 for more information.

@ The National Collection
@ the National Art Gallery of
the Bahamas, an exhibition
that takes the viewer on a



tary officer stationed at Fort
Charlotte in the 1850s,

The works show a pre-mod-
ern Bahamas through the
decidedly British medium of
watercolour.

“. Gallery hours, ‘Tuesday-Sat-
~urday; ‘Itam- -4pm. Call 328-
5800 to book tours. «

of the NAGB’s Collector’s
Series. Gallery hours, Tues-
day-Saturday, 1lam-4pm. Call
328-5800 to book tours.

tion of Orjan and Amanda
Lindroth @ the National Art
Gallery of the Bahamas.

The mid-nineteenth century
paintings that make up the
exhibition are part of one of
the earliest suites of paintings
of Nassau and its environs.

Tupper was a British mili-

Tuesday-Saturday, 1lam-4pm.
Call 328-5800 to book tours.
fine art in the Bahamas.

It features signature pieces
from the national collection,
including recent acquisitions. .
by Blue fae AHTORIES

M@ Past, Present and Per-
sonal: The Dawn Davies Col-
Jection @ the Natignal Art
Gallery, of the Bahazas, Villa
Doyle; West andWest Hill
“Streets. The exhibition is part’

@ The Awakening Land-..
scape: The Nassau Water-
colours of Gaspard Le Marc-
hand Tupper, from the collec-






“Copyrighted Material
Syndicated Content

Available from Commercial New S Providers



‘Juin-Octobre 1985

fe

hes record $2.31m



THE TRIBUNE

WEDNESDAY, JUNE |,

ZUUDS, FAULK vu



THE ARTS

a ee
Evening of classical music offers
a different experience of Haiti

WHATEVER faith a man may
cling to, or whatever philosophy he
may covet, he cannot reasonably
deny, as John Donne postulated
some 450 years ago, that “no man is
an island, entire of itself” and that
wherever we come from, or go and
whomever we meet and whatever we
do and say and hear, mankind is not
an aggregation of separate popula-
tions but a single species issuing from
a much greater, if subtle, source.
Even though Donne was meditating
on misfortune his philosophy applies
to every other aspect of our lives,
including our fortunes.

History

Haiti is or has been at various
times a land of war, poverty and dis-
ease and we may be inclined to think
that that is all there, which would,
of course, not be at all true. It is more
than voodoo, political oppression,
violence, illegal immigrants or shan-
ty towns. It also has a history of
accomplishment that somehow is
overlooked by some who would
rather turn a nose up at the unhap-

pier aspects it presents.

On Saturday, May 21, the Nassau
Music Society, under the patronage
of the Embassy of the Republic of
Haiti and Ambassador Louis Harold
Joseph, presented a recital of Haitian
classical music by baritone Jean
Ronald Lafond and pianist Liliane
Questel, at the ballroom of Govern-
ment House and an entirely different
experience of Haiti was to be had.
Here, we heard the works of various
Haitian 20th century composers who
mused on subjects as diverse as dai-
ly life, love, religion, childhood and
politics.

Not all of the composers were as
memorable as one would have liked,
but then the same holds true for
countless European composers who
were contemporaries of the Greats
but whose names and works are
known to only the most interested
and erudite (and possibly pedantic)



of aficionados. Most memorable
were the four songs of Carmen
Brouard titled Reflets d’dme or
“Reflections of the soul” which were
somewhat dark and provocative in
character and deceptively and tight-
ly constructed.

Origins

Of note, too, were the Trois rondes
haitiennes by Férére Laguerre which
has its origins in the verses and songs
of children at play. They were
delightfully and seamlessly inter-
preted by the artists. Werner
Jaegerhuber, a Haitian of German
descent, was represented by his Trois

chansons Vaudouesges.
If one were to criticise the pro-

gramme, one might say that, with the .
exception of Brouard, few of the:

composers ventured into neo-classi-

cism but were rooted in the expres- .



Hi MR JEAN-RONALD LAFOND

sive and romantic styles of the 19th
century. Rachmaninov was also crit-
icised for the same reason but it
appears that he has passed the criti-
cal test of time.

Mr Jean-Ronald Lafond has a fine
tone and technique. Miss Liliane
Questel played with ease, sensibility
and discretion. The artists, Haitian
nationals both, worked well together.
One could not fault their perfor-
mance. It is tempting to theorise how
successful a people might be if the
example of this collaboration of two
people working in harmony to a
common goal were repeated on a
greater scale.

Composers

All Haitians ought to be proud of
the accomplishments of the com-
posers and artists alike and so, too,
ought it to be a source of pleasure for
the rest of us that there are Haitians
with talents and skills to share.

The music, sung in French and
Creole, and inspired.on subjects
familiar to every one of us, translat-
ed very easily and fluidly on a
Bahamian stage.

Once again, music, oft touted as
the universal language, proves the
point that there is nothing that any of
us do not or cannot share.

NAGB launches 2005

ummer youth programmes

IN AN ongoing effort to
expose children and young peo-
ple to various forms of art mak-
ing, this summer the National
Art Gallery of the Bahamas is
expanding its hands on work-
shops to include not only one-
day art sessions but a special
programme called the Play
Ground Project and a summer
camp. geared towards alterna-
tive photography methods.

The summer programme will

begin this Saturday, June 4 with’

a Metal Workshop by
renowned Bahamian artist and
blacksmith Tyrone Ferguson.
This session will be followed by
a Kite-Making workshop and a
special session on Caricatures
and Comic Book Art, later in
the summer.

The Play Ground Project will

_ occur on three consecutive Sat-
urdays beginning June 25 and
will be led by the NAGB’s edu-
cation officer, John Cox.

It will provide an opportunity
for small groups of students
and/or professional artists to
collaborate on site-specific
installations on the NAGB
grounds.

This first installation will be
done following the style of con-
temporary Korean artist Do-

_Ho Suh.

The Summer Art Camp in
Alternative Photography will
run everyday from July 18
through July 30 at the National
Art Gallery. Blue Curry and
Heino Schmid, both profes-
sional photographers and rising
artists on the Bahamian con-
temporary art scene will super-
vise the camp. This course is
designed to engage interested
students in the visual and aes-
thetic possibilities of photogra-
phy as an art and alternative
photography as an accessible

. medium.

Students will be introduced
to the history of photography.
They will learn how to build
cameras, principles of photo-
graphic composition, correct
darkroom procedures and film
development and alternative
photography techniques that
allow images to be developed
on all types of surfaces and
objects, and produces images
with very particular character-
istics.

For more information on
these sessions contact the
National Art Gallery at
328.5800.

Summer Youth Programmes

@ METALWORK
Date: Saturday, June 4 and
Saturday, June 11
Time: 10-ipm
Description: Revowneddi artist
and blacksmith Tyrone Fergu-
_ son will introduce participants
to the basic principles of weld-
‘ing and shaping mental as an
art process. Participants will
then assist Mr Ferguson in the
construction of a metal door
that will be both artistic and

a ALTERNATIVE PHOTOGRAPHY (above), Kite-Making (right) and The Play-Ground

Project (below right) are just some of the programmes available.

functional. Once completed the
door will be permanently
installed for use at the National
Art Gallery.

Instructor: Tyrone Ferguson

Age: 10-18 years

Fee: $5 members and $8 non-
members



# KITE-MAKING

Date: Saturday June 18

Time: 10-1pm

Description: On this Father’s
Day Weekend, the Gallery is
providing the perfect opportu-
nity for fathers to accompany
their children in an awesome
activity. Learn the fundamen-
tals of making kites and make
your own under the tutelage of
David 'Weech.

Instructor: David Weech

Age: 8 +

Fee: $5.members and $8 non-
members

@ CARICATURES AND

COMIC BOOK ART

Date: Saturday, August 6

Time: 10am-1pm

Description: Ever wondered
how Sideburns, Sip Sip and
John Lodi create their images?
Have you been fascinated by
comic book art and tried to
make your own comic strip or
book? If so, come out to this
wonderful workshop that will
educate and entertain you all
the while teaching the basics of
cartooning.

Instructors: Steven Burrows
and Jolyon Smith

Age: 10-18 years

Fee: $5 members and $8 non-
members

@ ALTERNATIVE
PHOTOGRAPHY
Instructors: Heino Schmid
and Blue Curry
Dates: July 18-30
Time: 9.30am-2pm (some
days are full work days and will
run from 9am-Spm)

Location: NAGB

Age: 12+

Fee: $80 members/$100 non-
members

Description: This course is
designed to engage interested
students in the visual and aes-
thetic possibilities of photogra-
phy as an art and alternative
photography as an accessible

medium.

Students will be introduced
to the history of photography.
They will learn how to build
cameras, principles of photo-
graphic composition, correct
darkroom procedures and film
development and alternative
photography techniques that
allow images to be developed
on all types of surfaces and
objects, and produces images
with very particular character-
istics.

Syllabus available upon
request.

B THE PLAY-GROUND

PROJECT

Instructor: John Cox

Date: Saturday, June 25, July
2 and July 9

Time: 10am-2pm

Location: NAGB

Instructor: John Cox

Age: 14+

Fee: $20 Members/$30 Non-



Members (includes three ses-

sions) |
Description:

Ground project is an opportu-
nity for small groups of students
and or professional artists to
collaborate on site-specific
installations on the NAGB
grounds. They are formulated

The Play:

as group collaborations under
the direction of a member of
the gallery’s staff.

Our first installation will be
done in the style of contempo-

honoring

Ton



rary Korean artist Do-Ho Suh,
“best known for his intricate
sculptures that defy conven-
tional notions of scale. and site-
specificity”.



Ticks

“The. Obeah tan”

Geno



| D Nita 2
a Pes Gg Boe Co



PAGE 4C, WEDNESDAY, JUNE 1, 2005 THE TRIBUNE .

COMICS PAGE

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THE TRIBUNE

WEDNESDAY, JUNE 1, 2005, PAGE 5C






_ Parties, Nightclubs
& Restaurants



Phat Groove Comedy All-Stars Tour @ the Wyndham
Rain Forest Theatre. Hosted by comedian Rob Staple-
ton. Featured acts: Lady Roz G, A G White and John
Lassiter. Tickets: $25, can be purchased at The Juke
Box, Mall at Marathon; Let’s Talk Wireless, Harrold Rd,
Marathon Road; Cell City, Rosetta Street; and Alpha
Sounds, East Street & Ross Corner. VIP card holders:
$15 in advance. For more information call 426-3822.
Doors open @ 8pm, show starts at 9pm sharp.

Wild Jungle, each and every Wednesday night @ Club
Trappers, Nassau’s “upscale” gentleman’s club. Fea-
turing a female body painting extravaganza. Free body
painting @ 8 pm. Ladies always welcome. Admission:
Men free before 10 pm. Females free. There’ will be
free food and hors d'oeuvres between 9 and 10 pm.
Open until 4 am.

Exotic Saturdays @ Fridays Soon Come starts with 3 for
$10 drink specials. Admission: $10 before mney and
$15 after. Ladies free before 11pm.

Rave Saturdays @ Club Eclipse. DJ Scoobz spinning
the best in Old Skool. Admission $35, all inclusive food
and drink.

Fever @ Bahama Boom, Elizabeth St, downtown, every
Friday night. Admission $10 before midnight. First 50
women get free champagne. First 50 men get a free
Greycliff cigar. Dress to impress. For VIP reservations
. call 356-4612.

Cool Runnings is back with a Conscious Party @ Hard
Rock Cafe, Charlotte St North every Friday. Classic
reggae style music. Admission $10.

Mellow Moods every-Sunday @ Fluid:Lounge:and::::=â„¢

Nightclub, Bay St, featuring hits from yesterday = old
school reggae and rockers downstairs, and golden oldies
upstairs. Admission: Free. Doors open 9pm.

Karaoke Music Mondaze @ Topshotters Sports Bar.
Drink specials all night long, including karaoke warm-
up drink to get you started. Party from 8pm-until.

Karaoke Nights @ Fluid Lounge and Nightclub. Begins
10pm every Tuesday. Weekly winners selected as Vocal-
ist of the Week — $250 cash prize. Winner selected at end
of month from finalists - cash prize $1,000. Admission
$10 with one free drink.

Reggae Tuesdays @ Bahama Boom. Cover charge
includes a free Guinness and there should be lots of
prizes and surprises. Admission: Ladies $10 and Men
$15.

Hump Day Happy Hour @ Topshotters Sports Bar
every Wednesday Spm-8pm. Free appetizers and numer-
ous drink specials.,

Flash Nights @ Club Fluid every Thursday. The ultimate
Ladies Night. Join Nassau’s and Miami Beach’s finest
men. Ladies only before 11.30pm with free champagne.
Guys allowed after 11.30pm with $20 cover.

The Pit @ Bahama Boom, every Thursday. Doors open
at 9pm, showtime 11.30pm. Cover charge $15. $10 with
flyer.

Fantasy Fridays @ Fluid Lounge, featuring late ‘80s
music in the VIP Lounge, Top of the Charts in the Main
Lounge, neon lights and Go Go dancers. Glow sticks for
all in before midnight. Admission: Ladies free before
11pm, $15 after; Guys $20 all night.

Dicky Mo’s @ Cable Beach. Happy Hour every Friday
- 3 for $10 mixed drinks and $1 shots. Bahamian Night
(Free admission) every Saturday with live music from 8
pm to midnight. Karaoke Sundays from 8 pm to mid-
night, $1 shots and dinner specials all night long.

Twisted Boodah Lounge @ Cafe Segafredo, Charlotte St
kicks off Fridays at 6pm with deep house to hard house
music, featuring CraigBOO, Unkle Funky and Swor-
Pwide on the decks.

* Chill Out Sundays @ Coco Loco, Sandyport, from 4pm-
until, playing deep, funky chill moods with world beats.

Sweet Sunday Chill Out Soiree Lounge, every Sunday,





ARO UN D

NASSAU

Comedy All-Stars Tour

t’s time for laughs once again, as Phat
Groove Entertainment presents this year’s
Comedy All-Stars Tour. The comedy show is
set to take place at the Wyndham Rain For-
. est Theatre, and will be hosted by interna-
tional funny man, Rob Stapleton.

The show will feature performances by comedians,
Lady Roz G., A G White and John Lassiter. (Lady
Roz G will headline the show.)

Rosalyne Gholston, also known as Big Roz, Roz G
or Lady Roz G, is said to be one of the funniest up-
and-coming female comedians in the US.

Though her name may not be widely known, Roz G
is no stranger to large audiences. She has more than 10

4pm-midnight @ Patio Grille, British Colonial Hotel.

Wet Sundays, every Sunday, noon-midnight @ Crystal
Cay Beach. Admission $10, ladies free.

Carib Scene @ Club Fluid every Sunday. A night of
Caribbean, Latin and Reggae flavours for all audiences.
Latin Flair in the VIP Lounge; Old School Reggae and
‘Soca in the Main Lounge. Ladies in free before 11pm.
$10 after 11pm. Men, $15 cover charge.

TooLooSe @ Indigo Restaurant on West Bay St and
Skyline Drive. Singer/songwriter Steven Holden per-
forms solo with special guests on Thursday from 9pm -
midnight.

The Graham Holden Deal @ The Green Parrot....David
Graham, Steve Holden, Tim Deal and Friends perform
Sunday, 7pm - 10pm @ Hurricane Hole on Paradise
Island. 3

Jay Mitchell and Hot KC @ Palm Court Lounge, British
Colonial Hilton, Wednesday-Thursday 8pm-12am. ~

Sunday Night Interlude @ Briteley’s Restaurant &
Lounge, Eneas St off Poinciana Drive. Featuring Frankie
Victory at the key board in the After Dark Room every
Sunday, 8.30pm to midnight. Fine food and drinks.

Paul Hanna, Tabatha and Gernie, and the Caribbean
Express perform at Traveller’s Best West Bay St, every
Sunday, 6.30pm-9.30pm.

The Arts

Bahamian artist and blacksmith Tyrone Ferguson
will introduce the basic principles of welding and shap-
ing metal during a National Art Gallery of the Bahamas
‘Youth Workshop on Saturday, June 4 and June 11. Par-
ticipants in the Metal Workshop will assist in the con-
struction of a metal door that will be installed at the
gallery.

This workshop will be held at NAGB, West and West
Hill Sts and is for children between the ages of 10 and
18. It will run from 10am-1pm each Saturday. Cost: $5
(members) and $8 (non-members).

Call 328-5800 to reserve a space for your child.

Maria Full of Grace will be screened on Thursday,
June 9, 7.45pm at the National Art Gallery of the
Bahamas, West and West Hill Sts. Maria is a Colombian
teenager who, for a large paycheque, agrees to be a





years experience as a motivational speaker on 12-
Step programmes and women’s issues, across the Unit-
ed States.

She has also opened for well-known personalities
like Jamie Foxx, Mike Epps, Cedric the Entertainer,
Broman, Glénn Lewis, Tank, Blue Magic, DMX, Brett
Butler, Sommore, A.J. Johnson and Tracy Morgan.

Tickets for tomorrow's show can be purchased at ,
The Juke Box, Mall at Marathon; Let’s Talk Wireless,
Harrold Rd, Marathon Rd; Cell City, Rosetta St; and
Alpha Sounds, East St & Ross Corner. Admission: $25;
VIP card holders $15 in advance. For more informa-
tion call 426-3822. Doors open @ 8pm, show starts at
9pm sharp.



mule for drug runners. She has to swallow dozens of
thumb-sized capsules of heroin and smuggle them into
New York, but not everything goes as planned.

Discussants following the screening will be Tamico
Gilbert of Amnesty International and Jessica Minnis
of the College of the Bahamas. Admission is free.
Refreshments will be on sale. The film is not appro-
priate for children.

Maria Full of Grace is part of the Wide Angle cinema

programme by the National Art Gallery of the Bahamas

in collaboration with the School of English Studies.

Christopher Cozier, an exhibition of drawings and a

- series of prints runs until June 17 @ New Providence Art

& Antiques, Bank Lane, 11am - Spm. Christopher Cozi-
er.is an artist and writer living and working in Trinidad.
His work, which explores the ambitions, hopes and con-
tradictions of Caribbean society in the post-colonial
era, has been exhibited in museums and galleries world-
wide. His work has over the years, consisted of multi-
media projects, involving sound, video, live perfor-
mances and installations, including drawings, construc-
tions and appropriated objects. For more information
call 328-7916 or log on to www.npartantiques.com

The National Collection @ the National Art Gallery of
the Bahamas, an exhibition that takes the viewer on a
journey through the history of fine art in the Bahamas.
It features signature pieces from the national collec-
tion, including recent acquisitions by Blue Curry, Anto-
nius Roberts and Dionne Benjamin-Smith. Gallery
hours, Tuesday-Saturday, 1lam-4pm. Call 328-5800 to
book tours.

Past, Present and Personal: The Dawn Davies Collection
@ the National Art Gallery of the Bahamas, Villa Doyle,
West and West Hill Streets. The exhibition is part of the
NAGB’s Collector’s Series. Gallery hours, Tuesday-
Saturday, 1lam-4pm. Call 328-5800 to book tours.

The Awakening Landscape: The Nassau Watercolours
of Gaspard Le Marchand Tupper, from the collection of
Orxjan and Amanda Lindroth @ the National Art Gallery
of the Bahamas. The mid-nineteenth century paintings
that make up the exhibition are part of one of the earliest
suites of paintings of Nassau and its environs.

Tupper was a British military officer stationed at Fort
Charlotte in the 1850s. The works show a pre-modern
Bahamas through the decidely British medium of water-
colour. Gallery hours, Tuesday-Saturday, 1lam-4pm.
Call 328-5800 to book tours.

Health

Yoga: Stretch, Breathe, Relax, for Body...Mind...Spirit,



yoga classes for all levels will be conducted by Mar-
garet Evans, registered yoga teacher.

e- Tuesdays & Thursdays: May 24 through June 30 (six
weeks) from 6pm - 7:30pm. Cost: $120.

¢ Saturdays: May 28 through July 2 (five weeks) from
10am- 11:30 am. Cost: $50. There will be no class June 4.
Sessions will be held at the Trinity Methodist Church
Parking Lot (air-conditioned). Wear loose comfortable
clothing, bring a yoga or exercise mat, and a towel. Call
394-2121 or 477-3903, for more information.

The Cancer Society of the Bahamas meets at 5.30pm on
the second Tuesday of each month at their Headquarters
at East Terrace, Centreville. Call 323-4482 for more
info. ©

MS (Multiple Sclerosis) Bahamas meets the third Mon-
day every month, 6pm @ Doctors Hospital conference
room.

The Bahamas Diabetic Association meets every third
Saturday, 2.30pm (except August and December) @
the Nursing School, Grosvenor Close, Shirley Street.

Doctors Hospital, the official training centre of the

’ American Heart Association offers CPR classes certified

_.by the AHA. The course defines the warning signs of
respiratory arrest and gives prevention strategies to
avoid sudden death syndrome and the most common
serious injuries and choking that can occur in adults,
infants and children. CPR and First Aid classes are
offered every third Saturday of the month from 9am-
1pm. Contact a Doctors Hospital Community Training
Representative at 302-4732 for more information and
learn to save a life today.

REACH - Resources & Education for Autism and
related Challenges meets from 7pm — 9pm the second §
Thursday of each month in the cafeteria of the BEC fe
building, Blue, Hill Road...





Civie Clubs
Toastmasters Club 1095 meets Tuesday, 7:30pm @ C C
Sweeting Senior School's Dining Room, college Avenue
off Moss Road. Club 9477 meets Friday, 7pm @
Bahamas Baptist Community College Rm A19, Jean
St. Club 3956 meets Thursday, 7.30pm @ British Colonial
Hilton. Club 1600 meets Thursday, 8.30pm @ Super-
Clubs Breezes. Club 7178 meets Tuesday, 6pm @ The J
Whitney Pinder Building, Collins Ave. Club 2437 meets
every second, fourth and fifth Wednesday at the J Whit-
ney Pinder Building, Collins Ave at 6pm. Club 612315
meets Monday 6pm @ Wyndham Nassau Resort, Cable
Beach. Club 753494 meets every Wednesday, 6pm-8pm
in the Solomon’s Building, East-West Highway. All are
welcome.

Alpha Kappa Alpha Sorority, Eta Psi Omega chapter
meets every second Tuesday, 6.30pm @ the Eleuthera
Room in the Wyndham Nassau Resort, Cable Beach.

Alpha 'Phi Alpha Fraternity meets every first Tuesday,

7pm @ Gaylord’s Restaurant, Dowdeswell St. Please ff

call 502-4842/377-4589 for more info.

Kappa Alpha Psi Fraternity meets every second Tues-
day, 6.80pm @ Atlantic House, IBM Office, 4th floor
meeting room.

The Nassau, Bahamas Pan-Hellenic Council (NPHC)
meets every third Monday of the month in the Board
Room of the British Colonial Hilton Hotel, Bay St.

- Nassau Council 10415 Knights of Columbus meets the

‘second and fourth Wednesday of the month, 8pm @ St
Augustine’s Monestary.

' Nassau Bahamas Koinonia meets every second Friday of

each month, 7.30pm at Emmaus Centre at St Augustine’s
Monestary. For more info call 325-1947 after 4pm.

International Association of Administrative Profes-
sionals, Bahamas Chapter meets the third Thursday of
every month @ Superclubs Breezes, Cable Beach, 6pm.

AMISTAD, a Spanish club meets the third Friday of the
month at COB’s Tourism Training Centre at 7pm in
Room 144 during the academic year. The group pro-
motes the Spanish language and culture in the commu-
nity.

Send all your civic and social events te The Tribune
via fax: 328-2398 or e-mail: outthere@tribunemedia.net











PAGE 6C, WEDNESDAY, JUNE 1, 2005

THE TRIBUNE





‘Club Nsomnia will be

: @ By PETURA BURROWS

Tribune Feature Writer

hen Club
Nsomnia
went up in
flames early
Thursday
morning, so did the plans of
some Nassau music lovers who
were preparing for the Bounty
Killer concert, which was to be

’ held at that venue. The con-

cert was scheduled for Friday
night, (just one day after the
fire).

But organisers of that event
say that the fire was not the
“end of the world”.

“We will be back, and Club
Nsomnia will be back, better
than before,” says Chris Mor-
rison, president of World Beat
Music Group Inc, based in
Texas and Jamaica. The con-
cert is a collaborative effort
between his company, Fresh
Entertainment (World Beat’s
local sponsor), and Club Nsom-
nia.

Though there is no specific
date set, nor a specific venue,
Morrison, also known. as
“Blue”, assures the public that
the concert will go on as
planned — only this time it will
be “much bigger and much bet-
ter”.

Organisers plan to bring
Bounty Killer back during the
upcoming Independence week-
end.

“We are looking at the 8th,
9th or 10th of July,” says Mor-
rison. “We haven’t confirmed it
as yet, but they are definitely
coming. It’s gonna be Bounty
Killer this time with TOK. We
are gonna make it a little bigger
with a few other surprise
guests. But we are not reveal-
ing who they are just yet.”

Performed

Since Bounty Killer, other-
wise known as the Warlord, has
not performed in the Bahamas
for eight years, last Friday’s

- concert was expected to draw a

huge crowd of his eager and
loyal fans.

Said Morrison: “We were
expecting a massive turnout
last week, but this time (inde-
pendence weekend) we are
expecting even more people.
And I’m going to personally
speak to the artists and explain
what happened to them (the
club owners), and that we want

them to give a 100 per cent per-
formance just to make the fans
happy.” —
According to Morrison, the
artist and his entourage were
on their way to the airport in
Jamaica when they gut word
of the fire. The news apparent-
ly came as a shock to them.
“We haven’t spoken since
Thursday, after I gave them the
bad news, but everyone. was
sad. They couldn’t believe it,
basically,” Morrison says.
“My initial thoughts were,
‘oh my God’. A lot of planning
and preparation went down the
drain, but I felt it more for the
owners of the club, really. They
had more at stake than I did,”
he adds.
’ The general public was to
pay at the venue, but some
tickets were given away on
local radio stations. Morrison
says that these tickets will be
honoured at next month’s con-
cert.

Chatting

Bounty Killer was born Rod-
ney Price in the Kingston ghet-
to of Trenchtown on June 12,
1972. His father owned a small
sound system and he first tried
his hand at DJ chatting when
he was only nine years old.

A few years later — in his ear-
ly teens —- Bounty began per-
forming around Jamaica.

Working under the name,

Bounty Hunter at first, one of
his early tunes, “Dub Fi Dub”,
became a huge dancehall hit as
a sound system dubplate.
That’s when Bounty dropped
the “Hunter”, and added the
much fiercer “Killer” to his
name. And accordingly, his
lyrics took on a more con-
frontational tone.

Bounty had a breakout year
in 1992 with several major hit

. Singles, the biggest of which

were “Copper Shot” (also an
underground hit in New York)
and the anti-informant “Spy Fi
Die”. Many of these earlier sin-
gles appeared on Bounty
Killer’s debut album, Jamaica’s
Most Wanted, which was
released in 1993 and later
issued internationally under the
title Roots, Reality and Culture
(named after a socially con-
scious hit from 1994).

But as the Jamaican govern-
ment began to crack down on

violent lyrics in live perfor-

mances, Bounty Killer, like





@ By JANICE MATHER

re-run.

too few appearances.

Then there’s the human.

Madagascar

Voices of: Chris Rock,
Ben Stiller, David Schwimmer

and Jada Pinket-Smith

THE makers of Shrek really could have done better. I
don’t ask much from animations — a few good laughs, a good
storyline. For Madagascar, this was clearly too much to ask;
I’ve gleaned more amusement from a half-hour Nickelodeon

Meet Marty, a frilly-nosed zebra played by Chris Rock;
Alex, the disproportionately miniature lion, by Ben Stiller;
Melman the medication-addicted giraffe, by David Schwim-
mer; and Gloria, the glamorous but non-descript hippo, by
Jada Pinket-Smith. Together, this parade of characters pos-
sess the personality of a trough of cold oatmeal.

With the originality and charm of a straight-to-DVD car-
toon sequel, Madagascar has only three flaws: blah characters,

a boring storyline and stretches of mind-numbing “action”.

Interesting

The supporting characters of four James Bond-ish pen-
guins hell-bent on making an escape to Antarctica through

spoon-dug tunnels or a hijacked ship, and a pair of monkeys
that communicate through intelligent speech and sign lan-
guage, are more interesting than the stars, and, sadly, make far

Once the zoo crew make it to Madagascar, they predictably
encounter nincompoop native animals just waiting for intel-
ligent outsiders to come and solve their every problem. My
problem was that I wanted to get up and cartwheel down the
aisle just to stay awake. That would have beat the five minute
scene where Melman conducts his own funeral with Alex
and Gloria stupidly looking on, while Marty, the only one
actually enjoying this experience, careens in the background.

Madagascar didn’t amuse, but it did raise a question; which
audience is meant to appreciate the many drug-trip scenes? If.
Melman isn’t jonesing for his “prescription” pills, Alex is off
on an out-of-body experience. Aside from a tranquilizer gun-
enduced vision, his longings for meat repeatedly led to hal-
lucinations of dancing chops that happen to be his friends. As
one moviegoer said, “this moment is brought to you by LSD”.






































other artists, began to broaden
his'‘subject matter into “street-
wise” social commentary, most
notably on the drug-trade
chronicle “Down in the Ghet-
to”, which became the title
track of his next album
(released in early 1995).
Over the next year, he
enjoyed one of his hottest
streaks as a hitmaker in

' Jamaica, releasing one popu-

lar song after another: the
smash duet with Sanchez ,
“Searching”; the hip-hop-fla-
vored chart-topper, “Cellular
Phone”; “Smoke the Herb”;
the anti-censorship, “Not
Another Word”; his maternal
tributes, “Mama” and “Miss
Ivy Last Son”; “Action Speak
Louder Than Words”, “Book,
Book, Book”, and “No Argu-
ment”, (the last of which was
the title track of another
album).

But it was not until 1996 that

Bounty Killer released what .

some argue was his defining

statement, the 20-track double

album My Xperience. Featuring -

several past hits and a plethora
of new material, the album also
boasted guest spots by Ameri-

can hip-hop stars like the

Fugees, Raekwon, Busta
Rhymes and Jeru the Damaja,
as well as veteran reggae stars
like Barrington Levy and Den-
nis Brown. Its single “Hip-
Hopera” made the American
charts, reaching the Top 30 on
the R&B chart and ranking as
one of the best-selling reggae
albums of the year in the US.
Bounty Killer followed it with
the British release Ghetto
Gramma’ (as in grammar) in
1997.

Visited

This was around the same
time that Bounty would: have
visited the Bahamas.

Said Morrison: “Well first
off, we are gonna have a good
turnout because Bounty Killer

“has had.a lot of hits sites he’s -

been here last. I mean, when
he came here eight years ago
he wasn’t as popular as he is

now. He has been doing a lot of

things with the US-based artists
as well, so he has experience.

“He’s on par with Beenie
Man, in my estimation. And
the feedback I’ve gotten so far
from just being around Nassau
and handing out banners
myself, people are talking. It’s
like they can’t wait to see him.”

Killer’s breakout into the
American audience was well
accepted. In late 2001, he made
a guest appearance on No
Doubt’s hit, “Hey Baby”. He
also appeared in the video and
performed with the group dur-
ing the 2002 Super Bowl pre-
game show.

Inadvertently though, the

_ Video caused.some embarrass-

ment for the artist back in
Jamaica. Apparently, the
intensely homophobic dance-
hall community picked up on

back, better than before’

@ WHEN Club Nsomnia
(pictured) went up in
flames, so did the plans of
some Nassau music lovers.
who were preparing for a
concert featuring Bounty
Killer, which was to be
held at that venue.

(Photo by Mario
Duncanson/
Tribune Staff)



the fact that one of its night-
club scenes showed a nude
man, prompting his rivals to
attack.

Project |

But the Warlord bounced
back from the scrutiny and
returned with his next project,
a two-volume Ghetto Dictio-
nary set. Issued separately and
simultaneously in early 2002,
Ghetto Dictionary: The Art of
War and Ghetto Dictionary:
The Mystery, mixed mostly new
material with a few past sin-
gles, and held its ground in the
raw, hard-core dancehall style
that gave the artist his start.
Both sold well among reggae
audiences, and The Mystery
was later nominated for a
Grammy for Best Reggae
Album. Later in 2002, Bounty
Killer was featured on
“Guilty”, a single on hip-hop
producer Swizz Beatz’ solo
debut, GH.E.T.T.O.



Don’t miss Phat Grooves












wath

Comedy All-Stars Tour

@ By PETURA BURROWS
Tribune Feature Writer

THERE are few things more entertain-
ing and relaxing than letting loose a belly-
full of laughs, especially when it’s been an
entire year since a comedy show made you
laugh so hard.

Tomorrow night, comedy lovers will be
entertained once again at the Phat Grooves
Comedy All-Stars Tour, an annual event.
The comedy show is set to take place at the
Wyndham Rain Forest Theatre and will
be hosted by Rob Stapleton, international
comedian and star of the Roc a Fella film,
Death of a Dynasty.

“Well Phat Groove’s comedy shows are
pretty consistent, so people can expect the
same kind of excitement, fun (and) enter-

tainment that they always get from us,”
Levine Wilson (aka Big Lev), head of the
company, assured Tribune Entertainment.

This year’s tour brings comedians, Lady
Roz G , A G White and John Lassiter to
help Bahamians get their laugh on.

Lady Roz G will headline the show.

New Jersey-born Rosalyne’ Gholston,
also known as Big Roz, Roz G or Lady
Roz G, is said to be one of the funniest up-
and-coming comediennes in the US. With
comedic skills, a thunderous voice and a
voluptuous persona, audiences have no
other choice but to pay attention.

Though her name may not be widely

known, Roz G is no stranger to large audi-
ences. She has more than 10 years experi-
ence as a motivational speaker on 12-Step
programmes and women’s issues, across

V

the United States.

She has acted on and off Broadway for
more than seven years (Color Girls in
2000), is a member of the new tribe Blood-
line Records and is also featured in the
film, On the Hook.

As the opening act for personalities like
Jamie Foxx, Mike Epps, Cedric the Enter-
tainer, Broman, Glenn Lewis, Tank, Blue
Magic, DMX, Brett Butler, Sommore, A J
Johnson and Tracy Morgan, she has shared
the stage with many well-knowns.

“You-have Rob Stapleton coming back
and. you: know he’s a headliner. So you
have a headliner hosting the show, and he
is fresh off promoting his new movie so

__ See COMEDY, Page 7C



“THE TRIBUNE



@ NATHAN STONE performs at Hard Rock Cafe
Friday night during the official album launch.

(Photo by Mario Duncanson/Tribune Staff)

Album:
The Perfect
Gentleman

Artist:
Nathan Stone

An Ocean
Music Group
Production

lm By PETURA BURROWS
Tribune Feature Writer

ou’ve waited

for a long time

and it’s finally

here — Nathan

Stone’s album,
The Perfect Gentleman.

Now the question is, was it
worth the wait? Was it worth
all the hype? And was it worth
all that media attention?

Yes. Yes. And Yes.

From the opening of the
album, which begins with
body-rocking Shake it Mama,
followed by Just One Kiss,
which successfully keeps the
momentum going, you know
that the album has star-quali-
ty.
After a few solid dance hits,
Stone is able to switch to songs
that make the perfect love
tune, as he pours out emotions
that seem sincere — at least to
the ears. (But then again, you
can never really trust a perfect
gentleman).

And just as quickly as he
turns from fast to slow, the
album takes you on another



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Give Me That

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Album II UMRG
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Holy Ground .

WEDNESDAY, JUNE 1, 2005, PAGE 7C



wave, to quick-paced songs,
like Hit Me Up, featuring
American rap star David Ban-
ner.

But what’s interesting is that
Stone’s album manages to
change pace and emotion so
quickly without you getting
the feeling that the artist is all
over the place with his sound.
Though there are bits of rap-
ping and reggae chatting here
and there, the strong pop/love
sound doesn’t get lost.

The listener definitely gets a
taste of several musical styles.

Crafty.

Stone touches some emo-
tion with every track, even
down to the melodious and
simple Chance intro.

By the time you reach track
12 (the last), you realise that
there was never a dull
moment.

Maybe it’s his suave look -
that makes you want to listen
to what he sings from start to
finish. Maybe it’s just that you
like his style. But I think that
it’s the lyrics and the music
that keep your ears glued (all |
of those other things are just
added bonuses).

And just when you thought
that Stone would exit his
album quietly, he lays a bonus
track, the Shake It Mama Reg-
gae Remix.

So music lovers, in The Per- -
fect Gentleman, we have a win-
ner.






© The album is now avail-
able in stores. A DVD, with
an artist bio; the Shake It
Mama Video; and a Photo
Gallery accompanies the
music CD.

@ THE cover of Nathan Stone’s album,
The Perfect Gentleman.



















































mtn OW chiss)

oD SAM Z

S\O) NC iam
Footprints

overs And Friends
Hail The King

Naa

Pantan Mojah
Akon |
50 Cent

_ Tanya Stevens _
Sizzla

ava Ground ~



. The Game .

TEN

SONG

Child Of God

It All Comes Down To Love
Amazing Grace

| Call You Faithful

Who’s Report

Bahama Praise

I’m Not Tired Yet

Va won

Cindy Diane

Bebe Winans

Aaron Neville

Donnie McClurkin
Bishop Lawrence Rolle
Kingdom Kids
Mississippi Mass Choir
Yolanda Adams
Canton Jones

Everybody Dancing
_ Sandi Patty







Comedy

(From page 6C)



he’s hot right now. And then
you have three very funny and
talented comedians. So it’s
gonna be a night filled with a
lot of laughs,” promises Wil-
son.

Whether he is performing for
a few dozen or a few thousand
people, Rob Stapleton is
known to give his all on stage.
This constant energy and over-
whelming crowd reaction has
made Rob Stapleton one of the

hottest stand-up performers

working today.

Using his veteran comedic
knowledge, Rob appears to
have perfected the art of mak-
ing hilarious observations of
everyday life that can be shared
as comical jokes.

Born and raised in the
Bronx, New York, Rob has a
“razor sharp” take on:simple
observations and his “dead on”
take of life in the hustle and
bustle of New York City will
have the audience laughing.

Rob’s versatile style has also
made him a favourite on the
college scene, which he tours
extensively. To keep him
rounded, Rob writes all of his
material as well as extending
his hand to others. He has writ-
ten sketches for Tracey Mor-
gan, which have been aired on
Saturday Night Live.

° See Out There listings, pg 5
for ticket and showtime infor-
mation.



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VERY WARM,
CLOUDS AND SUN

endors claim
unnecessary
pressure on them
to leave dock

By PAUL G
TURNQUEST
Tribune Staff Reporter

VENDORS at Potter's Cay
have once again been denied a
licence to sell alcoholic bever-
ages, and are now claiming that
unnecessary pressure is being
put on them to leave the dock.
. Some Officials in the Ministry
of Agriculture and Fisheries say
there is no obvious reason for
the licences to be denied as the
“set up” of both Arawak Cay
and Potter’s Cay dock are sim-
ilar. However the vendors at
Arawak Cay have been granted
their licences to sell beers, and
other alcoholic beverages.

Kenneth McKinzie, propri-
etor of McKinzie's Fresh Fish
and Conch stand at Potter's Cay
dock, said he has undergone
numerous heaith training semi-
nars, and doesn't know why he
has again been denied a licence.

“Even people who have a lit-
tle cookout can get a licence to
sell alcohol, so that foolishness
about us not having bathroom

facilities doesn’t make any ~

sense. We have bathroom facil-
ities right down there on the
western end of the dock, just
like Arawak Cay, so where is
the difference?

SEE page eight

_ Dr Myles Munroe
slams ‘Moonie’ faith

| By DANIELLE STUBBS

Tribune Staff Reporter

THE “Moonie” faith, led by Rev Sun Myung Moon, is based
on deceptive principles that can be “very dangerous” if Bahami-
ans remain ignorant about them, said Dr,Myles Munroe.

Dr Munroe, pastor of Bahamas Faith Ministries, told The Tri-
bune yesterday that “people are attracted to these antichrist

SEE page eight









AUTO INSURANCE.





























The Tribune





"BAHAMAS EDITION

WEDNESDAY, JUNE 1, 2005

Turnquest hits

out at financial
support claim

FNM leader Tommy

Turnquest hit out last-

night at the claim that the
party’s leadership choice
may affect its financial
support.

He said party funds are
healthy, as can be seen by
the two recent FNM ral-
lies and the imminent
release of the FNM publi-
cation, The Torch.

Under the headline:
‘Funds Threat’ for FNM?
a front page story in The
Tribune on Tuesday said
sources revealed that FNM

contributors threaten to

pull financial. support
depending on who
emerges as party leader
after the November con-
vention,



Mr Turnquest said it was
irresponsible.to quote MP

Tennyson Wells, who is

not an FNM, as an author-
ity on the matter.

Mr Wells said the party
is divided on the issue of
the former prime minister
Hubert Ingraham return-
ing as leader.

Mr Turnquest also criti-
cised the decision to place
the. “irrefutable” com-
ments of leader of opposi-
tion business in the House
Brent Symonette at the
end of the story.

_ Mr Symonette said as far
as he knows, the finance
committee has never
linked the return. of Mr
Ingraham as FNM leader
to. the collection of funds.





,@ PRIME Minister
Perry Christie enjoys
part of his new exercise
regime yesterday.
(Photo: Peter Ramsay)



QGreaklast Sandwiches, from $1.85,
Greakigat Platters from $2,990:
Braskiggt Combag trom 22:19,





@ By A FELICITY
INGRAHAM
Tribune Staff Reporter

BAHAMIANS Asgitating
for a Referendum on the Free
Trade Area of the Americas
(BARF) plan to. march
against the Bahamas joining
the Caribbean Single Market
and Economy.

BARF chairman Paul}.

Moss, with Aawyer Fayne
Thompson, Linda Rahming
and Dr Elwood Donaldson,
stood in front of the bust. of
Sir Milo Butler in Rawson
Square yesterday, urging
Bahamians to. take...the

“Caribbean Single.Market and

Economy (CSME) seriously,
get educated about its pur-
pose, and march with the
group at the Labour Day

’ parade on Friday.

The group spoke passion-
ately, warning Bahamians that
their life and liberties were

being threatened by govern-

ment's:move to sign on to the

_ revised treaty.

"Every Bahamian, educat-
ed and uneducated, from

SEE page eight



Christie
expected
to lead PLP
in 2007

. @ By RUPERT

MISSICK Jr

’ Chief Reporter =

DESPITE suffering a
stroke in early May, Prime
Minister Perry Christie is
expected to lead his party
into the 2007 general elec-
tion.
Many have wondered if
the prime minister’s health
would have prevented him
from participating in the
hectic campaign leading up
to the next election.

However, party officials
say that there is no indica-
tion that Mr Christie’s
health would require him to
take a reduced role in the
leadership of his party.

The prime minister has

SEE page eight





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PAGE 2, WEDNESDAY, JUNE 1, 2005

THE TRIBUNE





System set up to try to solve
limo dispute with Atlantis

@ By PAUL G TURNQUEST
Tribune Staff Reporter

THE implementation of a
“call-up system” at Atlantis was
yesterday announced by the
Minister of Transportation and
Aviation.

According to Glenys Hanna-
Martin, this new system will
allow livery operators to pro-

vide services to guests not,

already contracted with Kerzn-
er International for pre-
arranged livery services.

“This arrangement coincides
with a similar system previous-
ly implemented by my ministry,
which allows limousine opera-
tors to form a line at the Nas-
sau International Airport, to
access guests who are likewise
not contracted on a pre-

arranged basis,” she said.

Mrs Hanna-Martin added
that this new arrangement is
indicative of the government’s
continuing commitment to
ensuring that all Bahamians
have access to the fruits of the
tourism industry and the econ-
omy in general.

However, the United Limou-
sine Operators. Association
(ULOA), which has been com-
plaining for the past few weeks
about an alleged monopoly on
limousine operations in New
Providence, stated that it were
not satisfied with the new sys-
tem.

According to Kendal Culmer,
president of the ULOA, neither
the minister nor Atlantis have
addressed the crux of the mat-
ter.



VISIT A MEMBER INCE ONy eae CEs
ASSOCIATION OF TRAVEL AGENCY OWNERS

The group alleges that
Atlantis is actively involved in
the transportation industry of
the Bahamas, and industry that
is reserved exclusively for
Bahamians.

“We are still convinced that
Kerzner International in the
transportation business and
whatever they call it, either
service fee, or commission,
they are collecting 20 per cent
of the gross revenue from
Bahamas Experience and
Tours (BET).”

Kerzner denies allegations of
a partnership, saying that it
charges a small fee to cover
costs as it processes payments.
Ed Fields, public affairs director
at Kerzner, put the final figure
at less than five per cent

Mr Culmer said: “The call up
system is meaningless if we can’t
get work. All that means is that
now you get to sit on Atlantis
property in your limo and wait
for a job that might never
come.”

Mrs Hanna-Martin said that
her ministry is not actively
involved with the dispute
between the two groups, as the
ULOA and Atlantis have
agreed to privately pursue the
matter between themselves.




The ‘Battle’
for Cay Sal

NEARLY half a century
ago, Cuban rebels — including
Raul Castro, brother of Fidel —
“invaded” Bahamas territory
and raised their national flag.

A task force of Bahamian
policeman, led by a colonial
commissioner called Colch-
ester-Wemyss, was sent to dis-
tant Cay Sal to reassert the
Queen’s authority.

The amazing story of the Cay



the men who took part, only in
Monday’s INSIGHT section.
Don’t miss it!

\



Sal expedition is told by one of,



@ GLENYS Hanna-Martin


















INSIGHT

Ora hors
extension to
peacekeepers
in midst of
diplomatic
disagreement

THE UN Security Coun-
cil yesterday extended the
mandate of its peacakeeoingt
mission in Haiti until June 24,
giving members more time to
settle a dispute with China
over how long troops should’

| be stationed there, according
to Associated Press.

Taiwan’s ambassador to,
Haiti argued the disagree-"
ment has nothing to do with’
the peacekeeping mission’
itself, but with China's anger:
at Haiti’s diplomatic ties with’
Taiwan, a self-governing’
island which Beijing considers
a renegade province. Chinese?
officials denied the claim. ‘

“The People's Republic of
China has been trying to
obstruct relations between’
Taiwan and Haiti for a long:
time,” Taiwan's ambassador
to Haiti, Yang Cheng-ta, told’
Associated Press in Haiti.

UN Secretary General
Kofi Annan had recom-
mended that the mandate for
the 7,400 UN soldiers and
police i in Haiti be extended
by a year beyond its previous
expiration on Wednesday.

But China's deputy UN.
ambassador, Zhang Yishan,
said Tuesday that most
peacekeeping missions are
usually ordered for only six
months at a time. He said
Haiti should be no different:

While the sides try to
resolve the issue, the Security
Council voted a “technical
rollover” to keep the mission
running. The vote suggested
China and the rest of the
Security Council might be
close to resolving the dispute.

If neither side saw a'solu-
tion, the other council mem-
bers would be more likely to
force China to cast.a politi-
cally damaging veto to block
help for impoverished Haiti.

For decades, Beijing and
Taipei have wrangled over
ties with Caribbean nations,
using “dollar diplomacy” to
try to win them over.



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HE TRIBUNE

LOCAL NEWS

WEDNESDAY, JUNE 1, 2005, PAc....



Moonie leader ‘planning
investment in Bahamas’

a By DANIELLE STUBBS
Tribune Staff Reporter

_ THE Korean leader of the cult responsi-
ble for staging a controversial seminar in
Nassau this week is planning to invest in the
Bahamas.

eu Myung Moon, leader of the Family
Federation for World Peace and Unification
(FFWPU), “is awaiting government
approval to invest in the country”, accord-
ing to Reverend Dr Kendall Capron, one of
five Bahamian Baptist pastors who endorse
the “Moonie” faith.

Rev Capron, who helped organise the
conference “The Ideology of Peace” for
leaders of the Bahamas at the British Colo-
nial Hilton on Monday, told The Tribune
: that he does not know the nature of Rev
Moon’s proposed investment, but knows
that “there had been discussions about it”.
| However, Minister of Financial Services
: and Investments Allyson Maynard-Gibson
| said yesterday that she had “no knowledge
|

(
{
{
t
‘
1
t
{



of Reverend Moon wanting to invest in the °

country”.
Rev Capron has been associated with Rev

| Moon for 20 years, but has been a commit-

ted member of FFWPU for only a year.
| Concern has been expressed that if Rev
Moon invested in the Bahamas, he may
attempt to forge the kind of political and
business connections he enjoys in North
Korea.
According to the website www.iap-
! provethismessiah.com, Rev Moon is said
to-enjoy.a special relationship with North
Rote dictator Kim Jong Il through his

car company Pyonghwa Motors — which
has a monopoly on car sales to ‘the Com-
munist Party in Pyongyang.

Moon has also gained such benefits as
exclusive rights to car production and tax

_ exemption until 2007, as well as exclusive

rights to buy and sell used cars.
As part of this relationship Rev Moon,



: @ SUN Myung Moon with his wife, Hak Ja Han Moon

(Photo: AP Archive)

who is also owner of the Washington Times
newspaper, allegedly assigned one of his
reporters to boost the image of North
Korea in the west.

The Republican newspaper claims to be
separate from its owners, but some claim
the Unification Church considers the Wash-
ington Times “a divine mission”.








oe Ry, SS, ee A ee






aE

GRETA

CRRA

eS



@ By KRISTINA McNEIL



THE future of a group of: dis-
‘abled persons is still unclear
, even now the deadline to vacate
‘ their home has passed.

f Residents of the Sir Durward
fs Knowles Cheshire House for
: the Disabled are patiently wait-
ing to learn their fate, as the
: Minister of Social Services and
Community Development
-makes an appeal to the man-
- agement of the home.
According to Barbara Bur-

F
|
|
Ps
|

SPL s

ee

TSR

PENSION rights are being
abused by a number of compa-
nies in the Bahamas, according
to a human rights group.

The Grand Bahama Human
Rights Association (GBHRA)
said yesterday that it has
received “numerous reports of a
morally reprehensible, despica-
ble, and possibly fraudulent
practice which has developed
amongst a number of small and
large companies in the
Bahamas.”

According to the association,
some employers have begun
depriving employees of their
entitlement to the employer

a :

9 @ @ @ @ 8 @

eo 8

Cushions

|



rows, permanent secretary at
the Ministry of Social Services

: and Community Development,
“Melanie Griffin is appealing to

the board of the home for talks
between residents and manage-
ment regarding the closing of
the home.

Jermane Thompson, a resi-
dent of the home, said he was
unable to comment on the mat-
ter until he received official
word from Ms Griffin.

On Monday residents made
a proposal to the Johnson Has-

contribution to pension funds
by terminating the services of
employees just before their pen-
sion rights vest.

Employers feel they can then
claim that they only have to pay
the amount contributed by the

_ employee over the years.

“In this way, many employers
have been retaining their half
of the pension monies to which
the employee would otherwise
have been entitled,” said
GBHRA Fred Smith, president
of the association.

There is. another form of
abuse that has been reported
to the association, said Mr
Smith.

He said that after pensions

‘Disabled residents
still seeking answers
after closure of home

san, the legal firm representing
the management, but the firm

-was unable to accept it.

Residents first received the
official notice of the closing of
the House due to lack of fund-
ing in early May. After hearing
the news, residents appealed to
the public to assist in funding
the home to keep it open.

The home, donated by the
Rotary Club of East Nassau in
1991, follows the principles of
the Leonard Cheshire Founda-
tion in the UK.



Call for government to pass
legislation on pension rights

‘By KARAN MINNIS have been vested, employees.

are terminated and are told that
they cannot access their pen-
sion funds until they are 60 or
65 years old.

“By that time, the company
might be out of business and
the employees will have been
deprived for many years of their
funds and, in the meantime, the
employer would have contin-
ued to add value to the pension
fund for the employer,” said Mr
Smith. “This is unfair, unjust
and downright dishonest
towards the employees.”

The GBHRA called upon the
government to pass legislation
to stop what it said is “criminal
abuse” of employees.





newslines

FREEPORT - Five Amer-
ican men were charged with
poaching in Eight Mile Rock
Magistrate’s Court yesterday.

It is alleged that on Mon-
day, the men were appre-
hended on board a 35ft fish-
ing boat with possession of
375 pounds of scale fish.

Three pleaded guilty to
fishing within the territorial
waters of the Bahamas with-
out a permit and were each
fined $3,000.

Two pleaded not guilty to
the charges and charges
against them were dismissed.





















12 years for manslaughter

@ BY DENISE MAYCOCK
Tribune Freeport
Reporter

FREEPORT - John
Anderson Williams Jr, 26, was
sentenced to 12 years at Fox
Hill Prison for the manslaugh-
ter of Cohen Bastian in 2003.

Williams, who was initially
charged with murder and
stealing, pleaded guilty to

manslaughter three weeks ago ©

in the Supreme Court.

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Sentencing was deferred to
May 30, pending the results
of a probationary report.

Bastian was found dead at
his home at Morgan Lane on
November 15 2003. The hus-
band and father of four was
shot in the neck and chest after
an argument about money. ~

The family of the victim
have expressed strong disap-
pointment over the 12-year
sentence handed down in the
matter.








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PAGE 4, WEDNESDAY, JUNE 1, 2005

EDITORIAL/LETTERS TO THE EDITOR

THE TRIBUNE



The Tribune Limited

NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI
Being Bound to Swear to The Dogmas of No Master

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

SIR ETIENNE DUPUCH, Kt, O.B.E., K.M., K.C.S.G.,

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

EILEEN DUPUCH CARKON, C.M.G., M.S., B.A., LL.B.

Publisher/Editor 1972-

. Published Daily Monday to Saturday

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

French rejection of EU constitution

THE rejection of a European constitution by
French voters Sunday, which is likely to be sec-
onded by Dutch voters today, need not become a
calamity for the cause of European integration if
the proper lessons are learned from the misad-
venture of French President Jacques Chirac and
his fellow mandarins.

If French officials and like-minded Eurocrats
elsewhere respond by scorning French voters for
misunderstanding what they were being asked
to vote on, a crucial flaw in the elite’s method of
constructing an enlarged European Union will
continue to go unrecognized and uncorrected.

A lucid explanation of the lesson that needs to
be learned came from the Czech president, Vaclav
Klaus, who said: “The French referendum and its
result clearly demonstrated the deep division that
exists between the European elite and the citizens
of Europe.”

Although the constitution has little to do
with the concerns that motivated many French
no votes — such as East European workers tak-
ing jobs in France for low wages or Turkey
beginning EU accession talks this fall — the ref-
erendum gave people who feel vulnerable to
global competition a rare chance to complain
that they were not consulted about earlier deci-
sions such as the EU’s expansion from 15 to 25
members. Indeed, exit polls indicate that the
better off voters were, the more they were

US capital built

WASHINGTON — The US capital was built
with the labour of slaves who cut the logs, laid the
stones and baked the bricks. Two centuries later,
Congress has decided the world should know
about this:

Congressional leaders on Tuesday announced.
the creation of a task force to study-the history of
slave labour in the construction of the capital and
suggest how it can best be commemorated.

“Tt is our hope that the work of the task force
will shed light on this part of our history, the
building of our nation’s greatest symbol of democ-
racy,” House Speaker Dennis Hastert, Senate
Majority Leader Bill Frist, and Democratic lead-
ers Rep Nancy Pelosi and Sen Harry Reid said in
a joint statement.

Historians say slaves were the largest labour
pool when Congress in 1790 decided to create a
new national capital along the Potomac sur-
rounded by the two slave-owning states of Mary-
land and Virginia.

Over the next decade, local farmers rented
out their slaves for an average of $55 a year to help
build the capital, the White House, the Treasury
Department and the streets laid out by city plan-
ner Pierre L’Enfant.

Slaves cut trees on the hill where the capital
would stand, cleared stumps from the new streets,
worked in the stone quarries where sandstone
was cut and assisted the masons laying stone for
the walls of the new homes of es and the
president.

inclined to approve the constitution.

It was foolish for leaders such as Chirac to try
to stampede the French into voting for the con-
stitution by intimating that a no vote would inflict
enormous harm on France’s prestige and interests.
Thé public heard those warnings and gave a
response that effectively said: *We don’t believe
‘you, we don’t trust you, and what about our inter-
ests?”

It would be equally foolish for European elites
to ignore what the French voters said Sunday
and what Dutch voters are expected to say today.
Britain’s Prime Minister Tony Blair may have

_ his own political reasons for wanting to avoid a

referendum next year on the constitution, but he
is right to call for a period of reflection.

Although the division of powers proposed in
the EU constitution answers real needs, the tim-
ing is wrong. It is wrong because the biggest con-
tinental countries are suffering from high unem-
ployment, stress on their social welfare systems,
and political weakness.

European leaders would be wise to postpone
action on an EU constitution for a decent inter-
lude and to use that time to help their populations
adjust to the dislocations of globalization and
EU enlargement. The elites need to earn the
trust of citizens before asking again for a consti-
tutional structure that suits the interests of those
elites.

by slave labour

They also were involved in the expansion of
the capital in the late 1850s.

Sen Blanche Lincoln, D-Ark., a task force mem-
ber, said lawmakers became aware of the use of
slaves after researchers in the late 1990s found

documents of Treasury.Department payments to. ..
slave owners..She said there apparently were

more than 400'slaves hired out.

In 2000, Lincoln and former Sen Spencer’

Abraham, R-Mich, in the Senate, and Rep John
Lewis, D-Ga., and former Rep JC Watts, R-Okla,
in the House, pushed through legislation approv-
ing the formation of a task force.

But Lincoln said that due to changes in control
of the Senate, it’s taken until now to implement
that legislation. “It’s certainly long overdue,” she
said. “The task force will have a great opportuni-
ty to bring forward basically a history lesson as
well as an appropriate memorial.”

Lewis, a veteran of the civil rights movement,
said the opening of a new capital visitors’ centre
next year might provide a venue for recognizing
the slaves.

“We need to find someplace not only to place a

statue or appropriate symbol, we also need to
find a way to tell their story,” he said.

Lewis and Watts are to co-chair the panel.
Among the other participants are Sen Rick San-

torum, R-Pa, Langston University historian Dr -

Currie Ballard and Dr Bettye Gardner, historian
with the Association for the Study of Afro-Amer-
ican Life and History.



(© These articles are taken from The Tribune’s wire services — © 2005)

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Whatever
happened to

Hall’s Lane?

EDITOR, The Tribune

EVER since you kindly pub-
lished my letter about street
names, I am being contacted,
on a regular basis, by persons
who found the subject interest-

“ing. Gétierally, they ask me

about the name of a specific
street.

One lifelong-friend ques-
tioned where the name Shirley;

. Park Avenue came from,

because he remembered it as
Aranha Lane. The answer to
this one is straightforward.
When Mr Ronald Albury want-
ed to develop the land on the
western side of Aranha Lane,
my mother and he made a deal
to create the road we see today,
and change its name to Shirley
Park Avenue.

As for Hall’s Lane, only
recently has the northern por-
tion of Hall’s Lane (between
Dowdeswell Street and East
Bay Street) been swallowed up
by a fenced-in property, though
I notice that there seems to be
no structures on the portion that
used to be a public road. I won-

__der how a long-standing public

road just disappeared.

An obituary, written by the
late Sir Etienne Dupuch, in the
March 19 1947 issue of The Tri-
bune, under the heading ‘Great
Loss’, makes interesting read-
ing “...the passing of... removes
from our midst a man of rare
ability and great usefulness to
the community — a veritable
storehouse of information...
(he) possessed a “photographic
brain”... (made him) “a refer-
ence book”... It was to (him)
that the leading lawyers turned
when all ordinary sources of
information had failed... invari-
ably he was not only able to
give them the clues to the infor-
mation they desired, but he was
able to give them considerable
detail to fill out the skeleton. It
was a rare joy to take a motor
ride with (him)... He seemed
to make the very stones live.

_ The ride was always a running

commentary that not only cov-
ered a wide range of history but
a commentary that was blended
with legend, folk lore and odds
and ends of queer things that
‘gave new life and new interest
to the surrounding country:
side.”

I was glad to see that the
deceaséd and Dr Paul Albury
(see his letter in The Tribune

---of June-28-4976) agree on what

is, perhaps, the most-debated
street name on this island — the
name of the street that runs
from Government House to
Carmichael Road.

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Haws

letters@tribunemedia.net



Countless times did I drive

along that road with the man’
- whose obituary I quote above —

my late father, William N Aran-
ha — and, almost invariably, he
went to great pains to point out
(it was one of his favourite top-
ics) that this street that connects
Nassau to: the Blue Hills was
called the Blue Hill Road, long
before Loyalist Isaac Baillou
arrived in the Bahamas and was
granted land on the Blue Hill
Road.

A very detailed booklet
called Street Map of Nassau and
New Providence, Book I, Ast
edition, published in 1973 by
the Department of Lands and

Surveys, uses the name Blue -
Hill Road.

At the archives on Mackey
Street, the public has access to
the old newspapers, including
The Tribune, and it is eye-open-
ing to read the Royal Gazette
and Bahama Advertiser of the
Loyalist period. To persons not
deeply interested in formal his-
tory, the advertisements are
interesting and enlightening.

An undertaker advertised the
arrival of his new hearse, a
horse-drawn vehicle “suitable
for first-class funerals”, with a
PS “We also have a hearse suit-
able for black funerals”. How
things have changed!

A frequent advertiser was
Isaac Baillou, offering rewards



EDITOR, The Tribune






















WELL Bulla, here we are
again at the start of the 2005
hurricane season.

As you know my poui
trees were on target last year.
I told ya which depressions
would become hurricanes
and also that three of.them
would. be in the Atlantic at
the same time. Now Bulla,
ya can’t beat dat. Not even
dem “experts” in the USA.

The trees took a tremen-
dous beating last year and
most of them had many bro-
ken branches. This year’s
predictions will be rather
tricky. As I read it, there will
be very little activity in 2005.
Yes de Poui trees said pre-
cious little this year.
“Experts” say 15 storms and
nine hurricanes.

Well Bulla, if their predic-
tion this year is like the one
last year, they are definitely
wrong.

Therefore, I say that there














A summer
prediction



Johnson.

JOHNSON/EVINRUDE

Dealerships are available in certain areas.
Preference will be given to existing Dealers of
OUTBOARD MOTORS who are willing to become
exclusively Johnson/Evinrude

Applicants must demonstrate their ability to
stock such engines as their area requires and to support
these engines with parts and competent service.

Send full details of current Business to -

The Outboard Shop, Marsh Harbour.

242 367 2703 ‘phone
242 367 3709 ‘fax

‘Theoutboardshop @ abacoin

for the return of slaves who had
run away from his plantation in
the Blue Hills. Such ads suggest
that Isaac Baillou was not the >
nicest of slave-owners, so I won-
der why the descendants of such
slaves would want to perpetuate
his name by misnaming this -

. important thoroughfare.

Can anyone tell me how to
change the name of a street?
Or, where to determine the cor-
rect name of a street?

For example, today’s
motorist, after leaving Shirley
Street, travels westbound past
St Andrew’s Presbyterian Kirk
and Government House to get
to Blue Hill Road. What is/are
the name(s) of the street(s) on
which that motorist travels?

For sure, the name changes
at George Street. West of the
statue of Christopher Colum-
bus, it is Duke Street. East of
George Street, however, is it
Prince Street or Prince’s Street?
I’ve even seen it called Princess
Street. .

Remembering that this area,
generally, was the centre of old
Nassau (Charles Town), I think :
that Prince Street would be cor-
rect — because other streets in
the area are called King Street,
Queen Street, Duke Street, all

_without that possessive apos-

trophe.

So many maps give this street
so many names. I would wel-
come a convincing answer to
this prince of questions.

PAUL C ARANHA
Nassau
May 18 2005




will be three storms, one will
be a strong hurricane (100
mph plus) and the other two
will be mild to moderate with
the potential of becoming
hurricanes.

There will be moderate
rainfall during. these depres-
sions (and moderate because
everybody seems to want to
tear down all the little hills
we have), but otherwise the
weather will be dry and hot.

I believe that most of the
activity will originate in the
Pacific instead of the Atlantic
and therefore we must pre-
pare for a very dry summer,
especially if E] Nino has any-
thing to do with it .

So Bullas, do not forget to
check your roofs, make sure
your hurricane straps are in
place.

Well Bulla, ah told ya.

SYDNEY
SINCLAIR-SANDS
Nassau

May 19 2005









et.com
THE TRIBUNE

LOCAL NEWS

WEDNESDAY, JUNE 1, 2005, PAGE 5



Drill barge ‘still not removed’

@ By KILAH ROLLE
Tribune Staff Reporter

THE large abandoned drill
barge discovered in Bahamian
waters more than three months
ago has yet to be claimed or
removed, despite assurances
from the Port Department in
March that arrangements had
been made for its removal.

The 220-foot vessel, the Louis
J Goulet, appears to have been
dumped 15 miles off Long
Island, dangerously close to
Conception Island, one of the
country’s national parks.

Yachters Bailey Smith and
Lorraine Minns from George-
town, Exuma first reported the
vessel in February, and said
they were very concerned about
the threat it posed to marine
life because of its proximity to

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underwater coral reefs and the
shoreline of the national park.

They said they could see sev-
eral diesel containers and other
oil contaminants on board the
rusty vessel, and were extreme-
ly worried that pollutants could
leak into the ocean, or that a
strong wind could force the ves-
sel through coral reefs directly
into the fragile eco-system of
the national park.

Eric Carey, director of parks
and science liaison for the
Bahamas National Trust
(BNT), also expressed concern
after learning of the abandoned
vessel. Conception Island is an
important sanctuary for birds
and sea turtles, and is sur-
rounded by some of the health-
iest coral reefs in the world.

On March 20, Port Controller
Captain Anthony Allens said

Concern for local environment —



that an independent salvage
firm would be removing the ves-
se] — but the rusty barge is still
looming near the shores of Con-
ception Island.

The Tribune learned through
its own investigations that the
Canadian ship was built in 1957
and has changed ownership sev-
eral times over the years.

The last known owner is
Canadian company Pembina
Exploration Limited, which
converted the ship into a drill
barge in 1994.

The Port Department, a divi-
sion of the Ministry of Trans-
port and Aviation responsible
for the removal of wrecks, has

been contacted several times
about the vessel, but no-one was
available for comment.

The question of ship owner
obligations in terms of wreck
removal is not a new one for
the Bahamas and has been a
controversial subject around the
world.

Three years ago, Bahamian
taxpayers had to foot the bill to
remove an unregistered sunken
dredger, the Allan Judith, from
the channel in Port New Provi-
dence, after the owners of the
vessel could not be identified
by the Port Department.

The International Maritime
Organisation (IMO), the per-

manent body established to pro-
mote maritime safety, met last
month in London to tighten up
conventions relating to the
removal of wrecks.

A legal committee of the
IMO created a draft wreck
removal convention (WRC),
intended to provide interna-
tional rules on the rights and
obligations of states and
shipowners in dealing with
wrecks and drifting or sunken
cargo which may pose a hazard
to navigation and/or the marine
environment.

The draft convention is cur-
rently being considered by the
IMO legal committee.



Association demands greater protection for women

@ By DENISE MAYCOCK
Tribune Freeport Reporter

FREEPORT - The Grand
Bahama Human Rights Asso-
ciation (GBHRA) is calling on
the government to enact
tougher legislation to protect
women from domestic violence.

The association believes new
laws could be the difference
between life and death for
abused women.

Yesterday, GBHRA presi-
dent Fred Smith and Sarah
Kirkby, of the association’s
Women Against Rape Com-
mittee, expressed their concern
about the rising incidence of
domestic abuse and violence
against women in the country.

The association said it is
“appalled” by the brutal stab-
bing death of Tiffany Smith-
Laroda, a mother of four who
was attacked last week in her
apartment, just hours after a
court appearance for a legal
separation hearing.

The victim’s husband has
been charged with murder.

“This horrific tragedy only
highlights the disrespect for

“women in our society, said Mrs
.. Kirkby. She*called for the
“= reform of current procedures

so that divorce and matrimoni-
al cases involving domestic vio-
lence against women and chil-

dren are given priority.

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B ULANDER Russell-Thompson, Sarah Kirkby, Fred Smith and Mr Campbell

“The GBHRA calls on gov-
ernment and particularly our
deputy prime minister and her
sister MPs to swiftly enact effec-
tive and speedy new legislation
to protect the women in our
country,” she said.

Mr Smith believes the country
has become far too complacent

when dealing with abuse com-

plaints. He said the penal code,

the Magistrate Act, the Supreme

Court ‘Act; and the rules of the:
Supreme Court need to be ©

revised to create speedy proce-

dures to give relief to victims.
“Tt is a matter of life of death

for women. It is important that

(Photo: Denise Maycock)

people in society respect wom-

‘ en’s rights. And it requires the

' attorney general, courts and

' parliamentarians ‘to take wom-
en’s issues seriously,” he said.

Mts Kirkby also called for the

establishment a safe haven for

abused women to protect them

against their abusers.

SloNwrely
hurricane

scason

THE Roman Catholic
Archdiocese of Nassau has
given a list of tips for today,
the start of hurricane season.

@ Before a hurricane
threatens, identify shelters
and prepare your home by
trimming trees and shrub-
bery. Also, buy storm shut-
ters or plywood. |

@® Buy emergency equip-
ment and supplies such as
first aid kits, essential med-
ication, canned food, at least
three gallons of water per
person, protective clothing,
bedding or sleeping bags, a
battery-powered radio, flash-
-lights, and extra batteries.

@ When a hurricane
threatens establish a “safe
room”, which should be an
interior room, free of win-
dows or a room with a small
window, with an easy exit.

® Turn your refrigerator
and freezer to the coldest set-
ting and turn off your gas at
the tank.

@ Prepare an emergency
water supply for drinking,
bathing, and sanitary pur-
poses by storing water in a
clean air-tight container.

@ Put up shutters or install
pre-cut plywood over all win-
dows and glass doors. Instead
of draining your swimming
pool, add chlorine to prevent
contamination and turn: off
pool equipment.

@ Bring all objects that can
be blown away inside and
anchor down objects that
cannot be taken inside.

@ During the storm open a
window or door on the lee-
side of the house to relieve
pressure in the house.

@ After the hurricane lis- |
ten to the radio in case the
storm returns or another |
threatens and stay away from
all downed power lines.

@ After the hurricane do }
not drink untreated water or
call any emergency numbers
except in a life-threatening
situation.

@ Do not run a generator
indoors, or in the garage and
| don’t connect a generator to
| your wiring, unless a compe-
tent electrician has checked
the wiring and the main pow-
er has been isolated.




























































4



Haitians’ forgery charge

@ By TIFFANY GRANT
Tribune Staff Reporter

FIVE Haitian nationals
appeared in court yesterday to
plead ‘guilty to presenting
forged work permits to an
immigration officer.

It was alleged that on May
24, Adeline Rene, Iveline
Gedeon, Ostene Dorelus,
Dieunathan Paris and Guerry
Philistin presented false
documents to senior immi-



gration officer Wellington
Miller at Nassau International
Airport.

The court was told by a wit-
ness that the five Haitians
arrived in Nassau that day
aboard a charter flight from
Cape Haitian.

The work permit presented

. by Gedeon was found not to

exist and the permits of the
remaining four were assigned
to other persons, the witness
testified.

’ All five also faced the charge
of attempting to mislead an
immigration officer to gain
entry into the Bahamas, to
which they entered a plea of not
guilty.

This charge was withdrawn
by the prosecution.

The accused were represent-
ed by Eliezner Regnier.

All five faced a fine of $1,000
or three months in prison and
were released into the custody
of immigration officers.

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Sales story
correction

On Tuesday May 31, The
Tribune published an article
on page five called “hurri-

‘| cane insurance sales not up

on last year” which incor-
rectly referred to Robert
Bartlett as senior under-
writer at Insurance Manage-
ment. ‘

The article should have
referred to Mr Bartlett as
senior underwriter at JS
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PAGE 6, WEDNESDAY, JUNE 1, 2005 Z ; THE TRIBUNE

LAURENTIDE INSURANCE AND MORTGAGE COMPANY LIMITED

| Deloitte.

Deloitte & Touche

Chartered Accountants

and Management Consultants
2nd Terrace, Centreville

P.O. Box N-7120

Nassau, Bahamas

STATEMENT OF CASH FLOWS
YEAR ENDED DECEMBER 31, 2004
(Expressed in Bahamian dollars) .

Tel: + 1 (242) 302-4800

: 22-
rented co ; eet ee
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income $ 3,377,596 $ 3,138,367
Increase in accrued interest receivable and other assets (3,700) (950)
(Decrease) increase in life assurance fund (63,182) 71,141
INDEPENDENT AUDITORS’ REPORT Decrease in accrued interest payable and other liabilities 17,647 16,121
Net cash from operating activities / -_ 3,328,361 3,224,679
eee toldeeek ; CASH FLOWS FROM INVESTING ACTIVITY:
Tcircitide Insurence andi Morgans Company Canned: Increase in due from parent company (891,543) _ (653,538)
a, CASH FL : ,
We have audited the accompanying balance sheet of Laurentide Insurance and Mortgage i — Se ee eee
Company Limited (the “Company”) as of December 31, 2004, and the related statements of Dividends paid (2,500,000) _ (2,500,000)
income, changes in equity, cash flows and life assurance fund for the year then ended. These NET (DECREAS E ,
fimancitl statements are the responsibility of the Company’s management. Our responsibility is ( E) INCREASE IN DEPOSIT - PARENT (63,182) 71,141
to express an opinion on these financial statements based on our audit. DEPOSIT -. PARENT, BEGINNING OF YEAR 6,341,294 __ 6,270,153
We conducted our audit in accordance with International Standards on Auditing. Those DEPOSIT - PARENT, END OF YEAR $6,278,112 6,278,112 $6,341,294 6,341,294

Standards require that we plan and perform the audit to obtain reasonable assurance about ‘
whether the financial statements are free of material misstatement. An audit includes examining,
on a test basis, evidence supporting the amounts and disclosures in the financial statements. An
audit also includes assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation. We believe that
our audit provides a reasonable basis for our opinion.

The accompanying notes form an integral part of the financial statements.

LAURENTIDE INSURANCE AND MORTGAGE COMPANY LIMITED
In our opinion, the financial statements present fairly, in all material respects, the financial :
position of the Company as of December 31, 2004, and the results of its operations and its cash

u 4 HO! STATEMENT OF LIFE ASSURANCE FUND
flows for the year then ended in accordance with International Financial Reporting Standards. -

YEAR ENDED DECEMBER 31, 2004
(Expressed in Bahamian dollars)

2004 2003

- LIFE ASSURANCE FUND, BEGINNING OF YEAR $ 6,341,294 $ 6,270,153
February 4, 2005 PREMIUMS RECEIVED 7,446,612 6,580,185

13,787,906 12,850,338

dn Less: : |
Death claims _ 690,139 649,019
Commissions (Note 5) 744,661 658,018
- Tax on premiums 223,398 164,321
a ce . Refunds . . 3,153,083 2,684,125
LAURENTIDE INSURANCE AND MORTGAGE COMPANY LIMITED Life shaurands Peon ONE 4) pe ae
BALANCE SHEET ; Sg ete ae 1,509,794 __ 6,509,044
AS OF DECEMBER 31, 2004. _ LIFE ASSURANCE FUND, END OF YEAR $ 6,278,112 $ 6,341,294
(Expressed in Bahamian dollars) : me Cor ae en ee ee
; a sags - : The eccomnpaniy ig notes form.an areal part of the financial statements.
ASSETS : wy
Deposit - parent (Notes 3 and 5). 7 $ 6,278,112 $ 6,341,294: ane woe . .
Due from parent company (Note 5) 8,495,751 - 7,604,208 LAURENTIDE INSURANCE AND MORTGAGE COMPANY LIMITED
Accrued interest receivable and other assets 4,650 950
TOTAL a $14,778,513 $13,946,452 NOTES TO FINANCIAL STATEMENTS
——_—_— YEAR ENDED DECEMBER 31, 2004
LIABILITIES AND SHAREHOLDERS’ EQUITY. st carats .
LIABILITIES: . ; 1. INCORPORATION AND ACTIVITY oe
Life assurance fund (Note 3) $ 6,278,112 $ 6,341,294 . ‘
Accrued interest payable and other liabilities 91,401 73,754 een poe and Mortgage Company Limited (“the Company”), is a wholly-owned
Total liabilities ae 6,369,513 6,415,048 idiary of Commonwealth Bank Limited (the “Parent ). oe
The Company is incorporated under the laws of the Commonwealth of The Bah d
SHAREHOLDERS EQUITY: registered under provisions of The Insurance Act, 1969. pea
Share capital .
Authorized, issued and fully paid ‘The principal business of the Company is to provide credit life assurance in respect of
105,000 shares at $2.86 each 300,300 300,300 borrowers from its parent company. The registered office is located at GTC Corporate
Retained earnings 8,108,700 7,231,104 Services Ltd., P.O. Box SS-5383, Nassau, Bahamas.
Total shareholders' equi 8,409,000 7,531,404
otal shareholders' equity Se EE ee There were no employees during the year (2003: Nil).
TOTAL see $14,778,513 $13,946,452 . '

The accompanying notes form an integral part of the financial statements. 2, SIGNIFICANT ACCOUNTING POLICY

a. Basis of. Preparation - The financial statements have been prepared in accordance with
International Financial Reporting Standards. The preparation of financial statements in
conformity with International. Financial Reporting Standards requires management to
make estimates and assumptions that affect the reported amounts of assets and liabilities
and disclosure of contingent assets and liabilities at the date of the financial statements
and the reported amounts of revenues and expenses during the reporting period. Actual
results could differ from those estimates. The significant accounting policy followed by
the Company is as follows:

These financial statements were approved by the Board of Directors on January 20, 2005 and are
signed on its behalf by:





Director - Director

b. Life assurance fund - All receipts from the life assurance business of the Company are
credited to a life assurance fund as required by The Insurance Act, 1969, under which
the Company is registered. The fund is reduced in respect of expenses of the life
assurance business and any surplus disclosed by actuarial valuation. ,

LAURENTIDE INSURANCE AND MORTGAGE COMPANY LIMITED

STATEMENT OF INCOME

-YEAR ENDED DECEMBER 31, 2004 _
(Expressed in Bahamian dollars)
3. ASSETS OF LIFE ASSURANCE BUSINESS

2004 2003
Section 17 of The Insurance Act, 1969, stipulates that:

INCOME: :

Life assurance, Net (Note 4) $ 2,698,513 $ 2,353,561 a. The assets of the life assurance fund of a registered insurer:

Interest income - parent company (Note 5) 998,872 1,105,563

Total income 3.697.385 3.459.124 - i. shall be as absolutely the security of the life policyholders as though the insurer
be ee ae carried on no business other than life assurarice business;

EXPENSES: : : ; an : .

General and administrative ii. shall not.be liable for contracts of the registered life assurer carrying on other
Parent (Note 5) 300.000 - 300,000 business or insurance business for which it would not have been liable had the
Ga 19.789 | 20,757 oe of the insurer been only that - life insurance; and

Total expenses naoe bh ahaah arate fn 319,789 320,757 iii. . shall not.be applied, directly or indirectly, for any purposes other than those to
Saree which the fund is applicable.
NETINCOME oe | $ 3,377,596 $ 3,138,367 uA :

b. _ - In the winding up of a.life assurer the value of the liabilities and assets of his life
“assurance fund shall-be ascertained separately from the value of any other liabilities or.
assets and no assets of the life assurance fund shall be applied to the discharge of any
liabilities other than those towards life policyholders except insofar as those assets
exceed those liabilities.

The accompanying notes form an integral part of the financial statements.

LAURENTIDE INSURANCE AND MORTGAGE COMPANY LIMITED

- STATEMENT OF CHANGES IN EQUITY -
YEAR ENDED DECEMBER 31, 2004
(Expressed in Bahamian dollars)

4. LIFE ASSURANCE INCOME

An actuarial valuation, which is based on the greater of the actuarially computed mortality
reserve, including a reserve for mortality fluctuation, or the total of unearned premiums, was
prepared as of December 31, 2004. As a consequence $2,698,513 (2003: $2,353,561), being
premiums distributable otherwise than to policyholders, was credited to income ‘during the

Share Retained
Capital Earnings Total

a8 year.

Balance at December 31, 2002. $300,300 $6,592,737 $6,893,037
Net income - 3,138,367. 3,138,367
Dividends - (2,500,000) (2,500,000) 5. RELATED PARTY TRANSACTIONS AND BALANCES
Balance at December 31, 2003 300,300 7,231,104 7,531,404 During the year the Company paid commissions of $744,661 (2003: $658,018) to its parent for
Net income - 3,377,596 3,377,596 life assurance business. Deposits with parent and due from parent balance earn interest at the
Dividends __- (2,500,000) (2,500,000) Bahamian prime rate. The Company also pays an annual management fee of $300,000 (2003:

â„¢ , $300,000) to its parent for undertaking its administrative activities.
Balance at December 31, 2004 $300,300 $8,108,700 $8,409,000

The accompanying notes form an ifitegral part of the financial statements. ~

kKeKKKE



Sele f
THE TRIBUNE

WEDNESDAY, JUNE 1, 2005, PAGE 7





Once upon a time — a CSME fairy tale

AS engaging argument
over regional integra-

tion has unfolded over the past
few months.

The latest news is the revival of
the 32-meniber trade commission
appointed in 2002 to evaluate
membership in the Caribbean
Single Market and Economy.
That body was effectively side-
lined after its still undisclosed ini-
tial report was handed to cabinet
in 2003.

Commission members are
sworn to secrecy. The question
of why a public/private sector
investigation and report on such
an important national issue
should be classified top secret by
our government is a subject for
another time, but it should be
easy enough to draw your own
conclusions.

Ever since our trade commis-
sion disappeared off the radar,
Foreign Minister Fred Mitchell
and CARICOM ambassador
Leonard Archer have been doing
most of the heavy lifting regard-
ing CSME.

In January they published an

information paper (www.mfaba- ..

hamas.org) to launch what
they described as public consul-
tation.

But after months of denying
that a decision had already been
made to join the market, Mr
Mitchell finally ’fessed up last
week when he resuscitated the
moribund trade commission in an
effort to gain some political cover:
A “decision of the government
(was) taken on December 21 2004
to sign the revised treaty subject
to...four reservations,” he
said plainly — and for the first
time.

\ \ / e may be fairly famil-
iar with those reser-

vations now. But there is no doubt
that until Tough Call’s articles in
February (http://www.nassauin-
stitute.org/wmview.php? ArtID=4
91), most people had little grasp of
the political and economic issues
at stake, and most commentators
simply avoided the subject.

We pointed out that the CSME
was a counter-globalisation strat-
egy, and suggested that it flew in
the face of reality — as well as
public opinion. The plain fact is
that we are an offshore extension

of the Florida economy and our,

focus is almost wholly towards





—






For further information slehss contact
Bahamas Faith Ministries International, RO.Box N- 9583, } Nissi Gshanas :

te. (242) 341-6444 rx 361-2260

E-Mail: bfmadmin@bfmmm.com Website: www.bfmmm.com Web TV: www.mylesmunroe.tv

the United States. We should
exploit — rather than sony — this

reality.

B: most accounts, our
relationship with (and
proximity to) the United States
is enviable and valuable — which is
why we are so attractive to our
southern neighbours. But it seems
that our politicians are being
enlisted in a project to unify
regional economic and security
policy against the US and other
powers.

Some experts say this amounts
to 'ring-fencing' the Bahamas
within the region, and outside the
orbit of our dominant trading
partner — risking political and ide-
ological entanglements that we



ARRY SMITH

media, professional services, con-
struction, fishing and agriculture
— are currently reserved for
Bahamians, but would be open
to West Indians if we join the
CSME. It is not clear how we
would be affected by this. But it is
clear that inefficient state monop-
olies would be protected under
the treaty.

In 2003, Ambassador Archer
said membership in the CSME



“The plain fact is that we are
an offshore extension of the
Florida economy and our focus
is almost wholly towards the
United States. We should
exploit — rather than deny —

this reality.”



do not need. CARICOM’s flirta-
tion with the virulently anti-
American Venezuelan president,
Hugo Chavez, is a case in point.

And the messages that the gov-
ernment point men have been
sending out on this matter have
been mixed, to say the least,
which does not lend much cre-
dence to their assurances that all
will be well. First, there was the
persistent denial that the matter
was a foregone conclusion. Then
there was the idea that joining
would allow us to benefit from
economies of scale and a larger
regional market.

But as Tough Call and others
have pointed out, financial ser-
vices and tourism are already
open to foreign participation...
and they comprise most of our
economy. And administrative
measures alone — like relaxing
monetary and immigration con-
trols — could easily enlarge our
economic space and make us
more competitive on our own
terms.Our other economic.activ-
ities — wholesaling, retailing, the

_ BAHAMAS FAITH MINISTRIES INTERNATIONAL

rcs Sy REAL MEN’S MINISTRY
eR B S. EN

would have a number of “life-
changing implications” for the
Bahamas, including a change in

the country's special relationship

with the US.

He went on to acknowledge
that West Indians would be able
to provide professional services
and set up businesses in the
Bahamas, bringing their manage-
rial, technical and supervisory
staff with them, as well as their
families.

But more recently, Mr Mitchell
has insisted that nothing will
change if we join the CSME, and
those who suggest otherwise are
being dishonest.

According to the current gov-
ernment line, the right of estab-
lishment will have no real impact —
since it would affect only manu-
facturers (of-which we have few)
and tourism (which is already
open to foreigners).

“The right of establishment will
apply to those who can establish
businesses that produce tradable
goods and/or services that earn

‘foreign’ exchange,” Mr Afcher

told Tough Call recently. “Would





Dr. Myles Munroe
Senior Pastor

Dr. Richard Pinder
Fellowship Pastor






you not say that this sounds very
much like our current investment
policies?”

Well, yes. But it begs the ques-
tion of why we had this discus-
sion about access to the economy
in the first place. Is it because the
government is feeling its way with
regard to the treaty provisions?
Is it because they haven’t figured
out a consistent PR strategy? Is it
because our friends down south
keep moving the goal posts to
help?Tough Call’s earlier articles
described the “creeping region-
alisation” that has been the impe-
tus for most of the recent regula-
tory legislation the government
has been proposing... on stan-
dards, consumer protection: and
contracts, for example, all of
which add to the cost of doing
business and require new bureau-
cracies.

Now we are being told that we
can join the CSME with reserva-
tions on all the most important
parts of the agreement — the free
movement of people, the com-
mon external tariff, the Caribbean
Court of Justice and the single
currency — even though we will
still have to pay for the whole
deal.

This has led to questions over
how long the reservations will
last. The Foreign Ministry sug-
gests they can be indefinite, but
CARICOM officials say they will
be short-term deferrals. And, as
several commentators have point-
ed out, it makes little sense for
an organization to admit mem-
bers on terms completely at vari-
ance with its own objectives.

And now the opposition Free
National Movement has joined
the fray. Until just the other day
the FNM’s policy posted on its
web site supported joining the
CSME with similar reservations
to those proposed by the PLP.

But after calls (from this writer
and others) for the government to’
submit to a national referendum,
the FNM seized on the issue,
declaring that it was opposed to
the CSME, and demanding a
plebiscite.

The CSME policy statement
on the FNM website has recently
been removed, but references to
its earlier position can be found in
the section on FTAA policy. This
recalls a 2001 statement by for-
mer prime minister Hubert Ingra-
ham, that the Bahamas would
join if we were exempted from
the free movement of labour.

“The FNM’s position has
evolved to where we support the
position that Bahamians have...
we ought to have a referendum
on it,” party leader Tommy Turn-
quest said recently.

Pee. we are not sure
what the FNM’s position

has been for the past 15 years,
but clearly it was ambivalent.
However, the Ingraham govern-
ment did eventually disavow
membership. In his 2001/02 bud-
get address, former finance min-
ister Sir William Allen referred
to a study by external experts:

“It was the government’s con-
sidered opinion that joining the
single market at this time was not
an appropriate course of action,
and the study did not provide any
reasons for changing this posi-
tion.” Sir William recently con-
firmed to Tough Call that he had
not changed his position “one
iota”.

The CSME treaty currently
applies to 12 of the 15 full CARI-
COM members — only the
Bahamas and Montserrat have yet
to sign. Despite claims to the con-
trary by Mr Mitchell, the remain-
ing British dependencies — Turks
and Caicos, Anguilla, Cayman,
Bermuda and the British Virgin
Islands — are all associate mem-
bers of Caricom and cannot sign
the revised treaty even if they
wanted to.

Mr Mitchell says difficult deci-
sions sometimes have to be made
to exercise leadership, and that
joining the CSME is one example.
We suggest that the government
focus its visionary leadership on
reforming the public sector and
fixing our failed education sys-
tem. This would do more to make
us competitive than trying to
force us into a costly and uncer-
tain multilateral relationship.

But should the government
persist in its bad judgment, there is
no doubt that a referendum or

general election is the only legiti- .

mate way to decide this issue.

Banco Ambrosiano Update —
Liquidation Still Ongoing

wenty-three years after
one. of the world’s biggest.
financial implosions, Banco’

Ambrosiano’s Bahamas opera-
tions are still being wound up. It is

one of the longest liquidations on

record, experts say.

One of Italy’s biggest banks —...
- with close ties to the Vatican —

Banco Ambrosiano collapsed in

_ 1982 a few months after it

opened its multi-million-dollar
Nassau branch on East Bay
Street. And Roberto Calvi — the
bank’s devious chairman, who
kept a home at Lyford Cay —
committed suicide in London.

But, as Tough Call reported a
few weeks ago, Calvi’s death has
recently been ruled a murder by
prosecutors in Rome. Three Ital-
ians and an Austrian will stand
trial in October for killing him,
partly because he knew too much
about Mafia money-laundering,
police say.

The collapse of Banco
Ambrosiano was described as “the
gravest crisis in the history of
Western banking”. And the
Bahamian subsidiary — Banco
Ambrosiano Overseas Limited —
was a key link in a global puzzle
that took years to unravel.

The two surviving Bahamian

liquidators — lawyer Sir Geoffrey
Johnstone and accountant Clif-
ford Culmer — are both now in
their 70s, and still trying to nail
down a final settlement. Their
partner, banker Jack Smith, died
a few years ago. Colin Callender
remains the group’s lawyer.

Many Bahamians can recall the
bank’s local manager, Pierre
Siegenthaler — a man-about-town
who won international regattas
on behalf of the Royal Nassau
Sailing Club, where his custom-
built catamaran was berthed.

A few months after the scandal
broke, Siegenthaler quietly slipped
out of Nassau on his yacht. And
years later he was convicted in
Switzerland on fraud charges relat-
ed to the bank’s collapse. He died
in an alpine avalanche a few years
ago.

he only outstanding

BAOL litigation
involves a claim against Umberto
Ortolani, an influential Roman
lawyer who now lives in Uruguay.
Ortolani was one of Calvi’s
patrons, and was a key member
of the secretive P2 masonic lodge
that bribed Italian politicians and
funded a variety of right wing
activities.

The Bahamian liquidators are
still trying to collect $3 million
from Ortolani under an agree-
ment they reached three years
ago: “This payment, when
received, will be the last of any
recoveries emanating from litiga-
tion undertaken by BAOL,”
according to the latest report to
the Supreme Court dated Febru-
ary 28.

Messrs Johnstone, Culmer and
Smith sorted through claims
totalling $230 million after they
were appointed liquidators in
August, 1982. “If I knew then
what I know now Inever would
have accepted the job,” Sir Geof-
frey told Tough Call recently. “It
took a helluva lot of our time.”

The Bahamian claims were

mostly from legitimate interna-
tional banks that had deposited
funds with BAOL to earn better
interest. Among names like
Deustche Bank, Bank of Brazil,
ENI, European Arab Bank, and
the Bank of Ireland were local
creditors like SFE Banking, UBS
Bahamas, and RoyWest.
.’ The liquidators have about $2
million in Nassau accounts both
for distribution and 'to°cover
expenses. More than:two dozen
small creditors have failed to file
proofs of claim for amounts
totalling about $230,000. And
another 121 creditors won’t be
paid a total $300,000 because they
can’t be located.

“But when the final distribu-
tion is made we will have paid
creditors a total of 95 cents on
the dollar,” accountant Cliff Cul-
mer told Tough Call. “That’s a
pretty good record for such a
complex liquidation. We should
go to the Supreme Court and
bring the matter to a close within
the next 12 months,”

larry@tribunemedia.net

FINANCIAL CONTROLLER

Our client, a bank and trust company, is seeking applications for the position of Financial Controller.

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* Proficient in the use of the Microsoft range of applications

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P. O. Box N-7120
Nassau, Bahamas

or

Deloitte.


FROM page one

movements, because they do
good things, but good is not
always right.”

Rev Moon professes to be
"the absolute victor of Heaven
and Earth."

The Korean religious leader
claims to have been visited by
Jesus Christ himself in a vision.
In this vision, Rev Moon says
Jesus Christ declared that the
world would be changed
through him — Rev Moon.

In response to this "Moonie"

PAGE 8, WEDNESDAY, JUNE 1, 2005

‘Moonie’ faith

doctrine, Dr Munroe said,
“Jesus is the only Messiah, and

Bahamians have a responsi-
bility to uphold the basic Chris-
tian principles."

"As a democratic nation, we
have the right to believe what
we will, however embedded in
the constitution is also the right
to protect our values," said Dr
Munroe.

In a book entitled Kingdom
of the Cults, author Walter Mar-

NOTICE

BAHAMAS SOCIETY OF ENGINEERS

www. bahamasengineers.org
P.O. Box N-4361
Nassau, Bahamas

The Bahamas Society of Engineers monthly
luncheon meeting will be held on Wednesday, 1st
June, 2005 @ Graycliff Restaurant, 12 noon.

Guest Speaker: Mr Richard Herring, Country
Representative, Inter-Development Bank (IDB)

Topic: “The IDB - Building Capacity in the Local

Engineering Sector”

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LOCAL NEWS

tin reveals that Rev Moon's '
unique position of leadership
and spiritual authority, as well
as his strange doctrinal teach-
ings and practices do not appear

to have been formulated until"

the 1940's.

Rev Moon's system, other-
wise known as the "Moonie"
faith, is presented in the Unifi-
cation textbook Divine Princi-.
ple, which outlines that Moon

was declared to be the one '.

through whom the world would
be saved.
The text further states that

struggle, the truth of God was

* sealed into Rev Moon's hands,

at which time he became the

"absolute victor of Heaven and

earth."

It is also stated that the whole

. spirit world bowed down to Rev

‘Moon on that day of victory,

« and Satan totally surrendered,

‘for Rev Moon had elevated

‘ himself to the position of God's
true son.

The Unification Church is
said to have hosted a number
of professional symposiums and
seminars throughout the world,
similar to the one held in New

Providence on Monday, having
them recognized as ecumenical
gestures.

Critics point out that the
Church seems to hide its
involvement in such meetings
in order to increase attendance,
and then after the meetings
exploit their participation for
publicity.

It is also believed that these
seminars are a part of the Uni-
fication Church's increasing
public relations efforts to gain
legitimacy by associating itself
with members of the religious

after nine years of search and

FROM page one

"We have had our health training and we have
the certificate to prove it. But only because that big
hotel across the water doesn’t like the view their
guests have they want to move us," he said.

A leading government official who would only
speak anonymously, stated that Atlantis has
expressed an interest in renovating the Potter's
Cay dock site. However the source said that it
was doubtful that it would come to fruition as
there would be no place to put the vendors during
the renovation period.

When The Tribune tried to track down who
would actually be in charge of issuing liquor
licences for Potter's Cay dock it; was referred to
various ministries, all claiming they were not
involved with the site, or that it did not come
under their portfolio.

"The Department of Fisheries under this gov-
ernment and the previous one has just allowed
this place to get out of hand," said.one source in
the department of Fisheries. 47"

"Over time these stalls have begun to simply



FROM page one

Over the Hill, Harbour Island
or Abaco, this is important to
you," said Mr Thompson.

He said it is necessary for
all Bahamians to come out
and march against the sign-
ing. He said if government
refused to listen to the peo-
ple, "civil disobedience"
could become a possibility.

He and Mr Moss called for
government to allow them
the same media coverage and
funds being used to promote
the CSME agenda, so that
they can express why they
feel it is not good for the,
country.

Dr Donaldson, who was in
_the former PLP government
of the late Sir Lynden Pin-
dling, said he is disheartened
that the present government
would throw away everything
he worked for towards inde-
- pendence. He:said that while





yesterday.

countries.

isters. ,

Bahamas.



‘BARE calls for —

independence was beneficial,
he thinks the CSME would
be disastrous. ~

He held the more than 200
pages of the CSME agree-
ment as he spoke to the press

One area of concern for
him is that the agreement
states that the CSME would
sign all international treaties
on behalf of the signatory

That, Mr Thompson point-
ed out, would take away the
power of the Bahamas par-
liament and its Cabinet min-

Dr Donladson said while
joining CSME would be a
benefit to the other countries,
such as Trinidad and Toba-
go, Jamaica and Barbados, it
-would not be beneficial to the

and intellectual establishment.

Alcohol denied

pop up selling alcohol and cooked food. Now if
these places have food licences then why don’t
they have any for alcohol? But the original idea for
Potter’s Cay dock was designed as a place for the
sale of marine products like fish conch and craw-
fish, from the boats coming from the Family
Islands.

"All the scenery you used to see before you is
gone," the source said while pointing along the
edge of the dock and into the harbour. "Right
now the ministry is torn between moving them or
leaving them right there.

"Sitting out here on this dock with your conch
salad and your beer is something that is uniquely
Bahamian," Mr McKinzie added.

"But it looks like the small man, the Bahamian,
will always catch hell for the big boys coming in to
take over.

“They said ‘help and hope was on the way’, but
it looks like hope is getting out of the
way."







He thinks the Bahamas
should align itself closer to
the north, as the southern
Caribbean countries are try-
ing to do.

“Our biggest trading part-
ner, where we go to live,
where we emigrate is the
United States, north," he
said.

"We cannot afford, at this
time in:-history, to go down |
south because Bahamians
don't know anything about
that.

“Our islands enjoy the
prosperity we do now, the
standard of living, because of
two things — the proximity
to the United States... and
our. small population.
Destroy those two things and
you will see how quickly the
country changes. It would-be
just like-an illusion."




















, Wah ‘Gratitude to Almighty God
‘ THE ARCHDIOCESE OF NASSAU

a joyfully announces
ination to the Priesthood

" Elvado Romando Turnquest

Wednesday, June 1, 2005
at 7:30 p.m.
St. Francis Xavier Cathedral

West Hill Street





THE TRIBUNE



Christie
FROM page one

been in politics for more
than 30 years and was one of
the youngest Bahamians to
be appointed to the Senate.
He was.named senator by
Sir. Lynden Pindling in
November, 1974 and served
there until 1977. He was in
his early thirties.

PLP chairman Raynard
Rigby said that when the
party meets at its next
national convention in
November no leadership
issues will face the organi-
sation.

“There is no indication
that he won’t be well
enough to conduct a cam-
paign. The doctors have
indicated that he is expected
to recover completely. On
Sunday he looked fabulous
and he said that he felt fab-
ulous. We know who our
leader is and we are with
him,” Mr Rigby said.

During the 2007 campaign
it is expected that the PLP
will “run on its record”
when, Mr Rigby said, the
prime minister will highlight
the “unprecedented growth”
ushered in during his admin-
istration.

“He will have the consti-
tutional responsibility as
prime minister and, of
course, he would go around
the country telling of what
his government has achieved
in the past five years and
what he will do in the next
five years,” Mr Rigby said.

Mr Christie was hospi-
talised on May 3 after awak-
ening in his Cable Beach
home around 4.30am expe-
riencing some physical dis-
comfort on the right side of
his body. First diagnosed
with severe hypertension,
MRI’s however confirmed
that Mr Christie had suf-
fered a minor stroke on the
left side of his brain.

Mr Christie’s personal
physician, Dr Perry Gomez,
said it was the immediate
care that the prime minister
received that made such a

- quick recovery possible. |

Due back at work in June,
Mr Christie is expected to
start off slowly with “light
duties” for the first few
weeks.







BTN ONeeRS ty
in store robbery

@ By TIFFANY GRANT
Tribune Staff
Reporter





POLICE are investi-
gating a string of armed
robberies and a shooting
that took place in New
Providence on Monday.

The victim, a store
employee held up in an
attempted robbery,
resisted the intruders °
and was shot in the leg.

According to police
reports, sometime
around 6pm on Monday,
two armed men entered
Garvy’s Convenient
Store, located on Simms
Street, Rock Crusher
Road and attempted to
rob an employee.

A struggle followed,
during which the
employee was shot in his
left leg.

The victim was taken
to hospital for treat-
ment.

Another armed rob-
bery took place at John
Chea’s number four
store on Carmichael
Road at 3pm on Mon-
day.

Press Liaison Officer
Inspector Walter Evans
told The Tribune that
the owner, while in the
store with an employee,
was approached by a
masked gunman.

The gunman demand-
ed cash and was given
approximately $250 in
cash and a cheque.

The suspect fled on
foot into the nearby
area. He is described as
being 6ft tall, of dark
complexion and wearing
a blue jacket and blue
trousers. -

A man, armed with a
black handgun, robbed
Fantasy Ice Cream Par-
lour on Market and
Lewis Streets of an
undetermined amount of
money sometime before
9am on Monday.

The culprit fled on
foot.

Police are continuing
their investigations into
the matters.






























































THE TRIBUNE










# SANDRA Riley addresses members of the Crystal Parrot Players



Movie celebrates

Lucayan Indians

f& By KARIN HERIG
Tribune Staff Reporter

A NEW movie is set to cele-
brate the Bahamas’ Lucayan
Indian heritage and bring the
country’s original inhabitants
back from the brink of obscuri-
ty.
e The Miami-based theatre pro-
duction group Crystal Parrot
Players is planning a 2006 release
for Paradise Now, a movie por-
traying archetypal Lucayans and
their everyday life.

The film draws on the ritual,
myth, language and history of
the Taino, a pre-Hispanic
Amerindian people to which
the Lucayans belong.

Heading the project is pro-
ducer and playwright Sandra
Riley, whose interest in the
Bahamas and in Lucayan his-
tory in particular began in th
1970s.

In 1973 she wrote the novella
The Lucayans, which provides
the framework for the movie’s
‘screenplay.

Sele “As is”
fl) Seles final



FP283



Speaking to The Tribune, Ms
Riley said what is important for
her is that the movie gives the
Lucayan people “a real voice, a
real face.”

“Tt is important to learn about
a people that have passed into
obscurity, every piece of knowl-
edge we save gives them face;
we see that they were not so
much different from us,” she
said.

‘Struggle —

Ms Riley added that the
movie will be able to show mod-
ern-day Bahamians that the
Lucayans’ struggle is something
they can relate to. :

“We wanted to show a real
human story; all the plays and
movies that show the native
Indian tribes and how they wel-
comed Columbus, I never felt
that I understood the people,
how they felt,” she said.

Renowned Florida archaeol-
ogist Bob Carr,:who: has been

Tel:
Fax:
eMail: sales@furnitureplus.com (2) =:

Town Centre Mall
Monday-Saturday 9Jam-9pm
(242) 325-6461
(242) 325-6368

working with Ms Riley for

many years, said that artists and
archaeologists can work togeth-
er to act as spokespersons for a
long-lost people.

“Everywhere in the world
you can see a collective amnesia
when it comes to cultures of the
past, but we can give a face to
those lost cultures, bring them
back to life,” she said.

Crystal Parrot Players’. pro-
duction manager Travis Neff
said he hopes the movie speaks
not only to Bahamians, “but
helps everyone to understand
their roots and relate to all abo-
riginal people everywhere.”

Mr Neff added that the group

‘hopes to approach Minister of
Youth, Sports and Culture.

Neville Wisdom in a bid to
show the movie in the Bahamas
as well as in the United States.
“And because the Lucayans
are of the Taino sect, we are
really hoping to show this in
Puerto Rico, Dominican
Republic, Haiti; all places that
share this heritage,” he said.

Limited















“Copyrighted Material
Syndicated Content

Available from Commercial News Providers”

Share
your
news

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from people who are making
news in their neighbourhoods.
Call us on 322-1986 and share
your story:. re



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In Memoriam Of -

George
Lambert
Thurston






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&
#&.
gs

Sadly missed by Joyce McDonald, Neville,
Clifford, John and Kenneth.

Bless the Lord O my soul and all that

is within me Bless his holy name.

He has done great things

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_ WEDNESDAY EVENING



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JUNE 1, 2005

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;
Rae |

THE TRIBUNE

Let Charlie the 3
Bahamian Puppet and ly
| his sidekick Derek put

some smiles on your

kids’s faces.

Bring your children to the
McHappy Hour at McDonald's in
— Palmdale every Thursday -
from 3:30pm to 4:30pm during the a
month of May 9005. |

Enjoy Great Food, Prizes and Lots of Fun.

Ee

im lovin’ it



tae

Time: Second Floor of T

Doors open 11pm

Admission:



$7 wi Movie Tickets

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Movie Pass Giveaways!



esha amr nA A Ag PO je hb Ae LIAL EN MOREA AURA UE RN A ORIEL EATEN CPt ALO NEE AC RN CY INNO NL I 8 A BIRR A A REN REA ROARED LARA NAR ALAAINON OH NNSA tLe BHLENELAREN GAR BABA LAP AUER CIRAIN RENMAS IS MD ARIN AY
THE TRIBUNE

WEDNESDAY, JUNE 1, 2005, PAGE 11



FREEPORT- THE Bahamas
has been given a piece of spe-
cialised equipment by the US
designed to detect radioactive
materials in commercial ship-
ping containers

As part if the Megaports Ini-
tiative, US ambassador John
Rood attended a presentation





BRITISH Colonial
Hilton’s KIDS charity pro-
gram has granted an award
to a young Bahamian who
aspires to make significant
contribution in the hospital-_
ity industry.

Christal Stubbs was the
recipient of a two-year
scholarship to complete her
degree in tourism manage-
ment at the College of the
Bahamas. .

While interning at the.
hotel last year, she rotated
between all departments,
getting a practical feel for
the industry.

“Miss Stubbs enjoyed the
interaction with guests, and
this helped to nurture her
passion to develop the nec-
essary skills and techniques
to enable her to greatly
impact the industry,” said a
Hilton spokesman.

All Hilton scholarship
applicants must already be
enrolled in the hospitality
programme at the College of
the Bahamas, possess a min-
imum grade point average of
2.50 and demonstrate per-
sonal qualities required for
the industry.

The Hilton KIDS pro-
gramme (Kindness in Dona-
tions and Services) was
established in 2001 and seeks
to generate funds to assist
the youth of the nation.

For further information on
KIDS, contact David Fergu-
son, training and develop-
ment manager at the Hilton.








































The Tribune wants to hear
from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award.

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








on Friday at the Freeport Con-
tainer Port and stressed that the
Bahamas and the United States
have a longstanding common
interest in keeping terrorists and
their deadly cargo away from
our shores.

“Not only will this program
provide the government of the

Award presented to Hilton student

@ DEBBIE Ferguson, the Hilton’s human resources director, Christal Stubbs and Michael
Hooper, the Hilton’s general manager

LOCAL NEWS

Bahamas gets device ‘%" OF
to detect radiation

Bahamas access to the latest
technology, more importantly,
the level of co-operation that
we enjoy with the government
of the Bahamas in the areas
of common security and law
enforcement, practically guar-
antees that this will be a fruit-
ful, mutually beneficial


























*——*Copyrighted Material

partnership,” he stated.

Accepting the donation on
behalf of the Bahamas was Fred
Mitchell, Minister of Foreign
Affairs and the Public Service.
He said that while the total vol-
ume of trade through the
Freeport Container Port is at
present comparatively small by
world standards, ambitions for
the port are high.

“In order to compete, the’

port must as a commercial enti-
ty, be adequately equipped with
the latest equipment and tech-
nology to face the global chal-
lenges inherent in international
sea trade,” he said.

An estimated 825,000 twenty-
foot equivalent unit (TEV) con-
tainers per year are handled
through the Freeport Container
Port, and 38 per cent is shipped
to ports in the United States.

An expansion. plan for the
port, set to be completed by
2007, will increase the number
of berths to a nine-berth capac-
ity and enable the port to han-
dle 3.5 million TEUs per year.

“With this anticipated
increase in container traffic, it
makes sense for both the gov-
ernment and its partners at the
port, to undertake appropriate
measures to make sure this port
is secure, that our national secu-
rity is not compromised and
commerce is not jeopardized,
due to the failure to detect dan-
gerous materials inside con-
tainers traversing the port, ” Mr
Mitchell said.










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PAGE 12, WEDNESDAY, JUNE 1, 2005 “THE TRIBUNE



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$450m investment is.
proposed for Andros

By YOLANDA
DELEVEAUX
Senior Business Reporter .

A $450 MILLION tourism
development is being negotiated
for Central Andros, with the
investors behind the Caribbean
Golf and Hotel Development,
headed by US-businessman
Joseph Simmons, having already
received approvals. from the
Hotel Corporation of the
Bahamas and the Ministry of
Financial Services and Invest-
ments.

Philip Galanis,. PLP senator
and managing partner in the
accounting firm, Galanis and Co,
said yesterday that the investment
proposal was currently before the
Cabinet. .

'. He added that despite. indus-

try speculation, the project had’

not experienced long delays in
getting the necessary approvals.
Mr Galanis, who is also a PLP
Senator, said he was impressed
by the speed at which the process
was moving forward, adding that
he wanted to see thé Cabinet

Deal currently awaiting
Cabinet approval

as quickly as possible.

Mr Galanis, who joined the
investment team in December,
2004, to assist with developing a
business plan and financial mod-
els, said that while the project has
been in the works for some time,
it-had been undergoing consider-
able vetting and due diligence
from government officials.

Thomas Evans, of Evans and Co..,-:

is said to be representing the Sim-
mons group.

The proposed development i is
expected to take place in part-
nership with the Hotel Corpora-
tion. It will incorporate a huge
swathe of government-owned
land, including the former Light-
house Club, which the Hotel Cor-

involve.a number of hotels, a

marina and several. golf courses as .

well as other facilities.
Mr Simmons, described asa
long-time ‘friend of ee Bahamas

anda frequent visitor, is believed .

to have approached the Hotel
Corporation over a year ago con-
cerning a tourism development
in Andros. He has spent a signif-

icant amount of time satisfying
the Hotel Corporation of the
group’s financial capabilities and
expertise.

Individual members of the Sim-
mons-led investment group are
said .to have many years of expe-
rience in tourism-based projects
in Florida, the Caribbean and
elsewhere.

According to a source close to
the project, one of its selling
points is‘that investors have com-

mitted themselves to the empow- -
erment of Bahamians through the ~

ownership of various companies
and entrepreneurial ventures that
are necessary supports to any
development.

With some 1.47 million acres
of land, some two thirds of the
entire land mass of the Bahamas,
the developmerit of Andros, in
particular Central Andros, is
expected to stimulate develop-

‘ ‘ment in both the north and south

of that island and could lead to it

finally reaching its potential for
“both ‘economic and populates

growth.

PERC Btn rile
on External Insurance Nee

@ By NEIL HARTNELL -
Tribune Business Editor

son, minister of financial services and
investments, as one of her legislative pri-

orities for 2005.

Members of the Bahamas International
Insurance Association believe the new Act
will give its members a springboard from
which they can re-establish the Bahamas as
a niche market for captive insurance,
although they will not be going head-to-
‘head with industry leaders Bermuda and
the Cayman Islands, where most major

sg Captives are domiciled.

Mr Jones added of the new Act: “It will

“certainly give us the legislative framework
to be competitive: Now we need the pub-

‘lic sector and the private sector adminis-
tration and bureaucracy to back us up.

“We need the expertise in the private
sector and the public sector in the
Bahamas, and the administrative struc-
ture in place. We.need more captive man-.
.agers here, and the jurisdiction has to put

definitely in final form, and amendments more resources into marketing it and
to the draft regulations are under discus- _ assisting the private sector with marketing
sion. it.

“All being well, I think we will have a
very progressive and competitive piece of
legislation. I’m very pleased with the head-
way we’ve made. there.”

The reformed External Insurance Act
was identified by Allyson Maynard-Gib-

_ poration has been seeking to sell.
The development is expected io

CSME reservations
could be overturned

By NEIL HARTNELL
Tribune Business Editor

“SUBSTANTIAL progress” has. been
made on reforming the External Insur-
ance Act, The Tribune was told yester-
day, with the draft “definitely in its final
form” as the Bahamas‘secks to re-establish
itself as'a niche market’ for captive and
offshore life insurance.

Hywel Jones, president of the Bahamas
International Insurance Association; said
that while the draft Act: and accompanying
regulations would give the Bahamas the
legislation it needed to be competitive,
this nation had to devote the necessary
marketing and technical resources to back
it up.

Mr Jones, who is.also the Britannia Con-
sulting Group’s president, said: “Substan-
tial progress has been made with the
External Insurance Act. The Act itself is

approve the investment project

A BAHAMIAN attorney today warns that at least some of the
four reservations the Bahamas is séeking from the Caribbean Sin-
gle Market and Economy (CSME) could be subject to legal chal-
lenge by other member states via the Caribbean Court of Justice
(CCJ), on the grounds that they “directly conflict with the object
and purpose of the CSME”. -

John Delaney, a partner with Higgs & Johnson and an FNM Sen- '
ator, writes in today’s Tribune Business section that it is “uncertain”
whether the four reservations the Bahamas is relying upon - on free
movement of labour, the Common External Tariff, the Caribbean
Court of Justice and monetary unioh - in joining the CSME would
last for any length of time if subject to legal challenge.

Mr Delaney writes: “As a matter of international law, no state
may form a reservation to a treaty if the reservation is incompati-
ble with the object and purpose of the Revised Treaty (Vienna Con-
vention on The Law of Treaties, Article 19).

“In this regard, it appears that some - if not all - of the four reser-
vations directly conflict with the object and purpose of the CSME.
As ‘such, at some point after the Bahamas would have signed on to
join the CSME in reliance upon four reservations of uncertain
effect, the Bahamas may find itself subject toa dispute brought by
other CARICOM states challenging the reservations.

“Therefore, whatever position one takes on the duration of
reservations, if they are incompatible with the object and purpose
of the Revised Treaty, they may only last until the Caribbean

: Court of Justice sets them aside.”

Setting aside the.confusion of how long the Bahamas’ reserva-
tions would last, with CARICOM officials saying they will only last
for five years and the Bahamian government disputing this, Mr

’ Delaney said that this nation’s reservations on the free movement
of labour only dealt with workers and employees - not the self-

SEE page three

B@ ALLYSON MAYNARD- -GIBSON,
minister of financial services
and investments.



SEE page five .



Fiscal deficit up 51.6%
for first nine months

(i By NEIL HARTNELL
Tribune Business Editor

THE fiscal deficit for the first
nine months of the 2004-2005

fiscal year rose by 51.62 per cent’

‘over the prior year comparative
to $117.2 million, statistics
released by the Central Bank
of the Bahamas showed yester-
day, despite the economy’s
strengthening during the 2005
first quarter.

The Central Bank’s update

2.03 per cent and 8.77 per cent
respectively.

Air arrivals for the first three
months were down 4.2 per cent
at 394,700, having been off by
3.44 per cent in January and
7.51 per cent in February. The
rate of decline had ‘slowed to
2.02 per cent in March 2005.

- Occupied room nights weré
also down by 6.09 per cent com-
pared to last year’s numbers.

The Central Bank report
indicated that a prime factor

G



12 months to March 2005

Fidelity

Growth & Income
Fund



re emepretrerneeenseraemeeyemnarttnersmetres Af

ahamas

Jeanette se TENEN

|



| Gumrouiatve Total Performance
] ui ough Bisechy 3, 0 108

ae. iy

,on monthly economic and__ behind the lower 2005. figures Since Inception

‘financial developments for was the ongoing recovery. in (February 809)

April 2005 provided further Grand Bahama from the Sep-

-evidence that the Government’s tember 2004 hurricanes, plus 3 years Bt

finances continued to lag behind
the overall economy, with
tourism and foreign investment
expansion supporting Bahami-
‘an-dollar credit expansion and
“firming” in the construction,

the continued closure of the

Royal Oasis resort on that .

island, which has significantly
reduced hotel room inventory.

However, the Central Bank
was still relatively upbeat on its





industry. projections. for the Bahamian i, i ee He a
' However, despite the economy, in line with both its sto : | CORPORATE: | iva East art ‘Weta
enhanced optimism on the _ own forecasts and those of the ECEERAG SE Powe Cv Ee
“economy’s prospects for 2005, International Monetary Fund SEHNC RE

tourism arrivals and occupied
room nights were down on 2004
comparatives for the first three

(IMF).'
The Central Bank said: “For-
eign investment activity in the



months.of this year. Bahamian economy is on an pit ae | MUTA, RERARMENT ne, |
Total tourist arrivals for the _ .accelerating upward path, which sete nnn a anne Beyond eihicg

first three months were off 2.97

per cent at 1.351 million, having:

, been down on the 2004 Febru-
ary and March comparatives by

4

is expected to stabilise at a
healthy level for the next few

SEE page three

oe ‘ A Hat et Ae
Atte San




ean A
ANAS SG



PAGE 2B, WEDNESDAY, JUNE 1, 2005

THE TRIBUNE



PA ee ee ee
Caribbean Court could strike out CSME reservations

THE question of whether the
Bahamas joins the Caribbean Sin-
gle Market and Economy
(CSME) has profound implica-
tions for the economic way of life
of every Bahamian. With the
Government having decided last
December to sign the Revised
Treaty of Chaguaramas that
would commit the Bahamas, it is
troubling that there is a persis-
tent lack of clarity or forthright-
ness by the Government as to the
Revised Treaty’s ramifications.

The Government (through
Minister of Foreign Affairs, Fred
Mitchell) has stated that the
Bahamas will enter reservations

In warning that there is no ‘compelling economic case’
for the Bahamas to sign on to the CSME, attorney and
FNM senator JOHN DELANEY says the ‘opt-outs’ sought
this nation conflict with the revised Treaty’s
_ purpose and could be the subject of disputes
brought by other Caribbean states

in fur ceverds (‘the four reser-
vations’), which they claim would
prevent the economic side of the
Revised Treaty from applying to
the Bahamas and_ keep

. unchanged the present position

of the Bahamas in relation to
CARICOM. The four reserva-
tions are as follows:

1. Against the free movement

NURSING CAREER
OPPORTUNITY

Plastic Surgery office is seeking
A full time Registered Nurse,
with Operating Room
Experience. Great benefits
including assistance in funding
for specialized training

of persons (Articles 45 and 46 of
the revised Treaty).

2. Against monetary union.

3. Against a common external
tariff (CET).

4. Against the Caribbean Court
of Justice on its Appellate side.

Critical questions arising from
the Government’s position are:

a) Do the four reservations
constitute the entirety of the so-
called ‘economic side’ of the
Revised Treaty?

b) What is the legal effect of a
reservation under the Revised
Treaty?

The Economic Scope

The most cursory reading of
the Revised Treaty would reveal
that its economic scope extends
far beyond the four reservations.
Barbados Prime Minister, Owen
Arthur, described the compre-
hensive economic scope of the
Revised Treaty as: “The respec-

tive economies of the Caribbean |
should be reconstituted, through

the removal of existing barriers,
as a Single Market space in which
not only goods, but services, cap-
ital, technology and skilled per-

sons should freely circulate, and
Caribbean citizens should enjoy
new and unfettered rights of
establishment of enterprise any-
where in the region.” :

The four reservations relate
only to part of the economic
effects of the Revised Treaty. For
example, the Revised Treaty’d
requirements for the free move-
ment of capital and goods within
the Single Market are not affect-
ed by the four reservations. And
the four reservations only par-
tially affect the free movement
of persons by relating only to the
free movement of workers/
employees, while not touching or
concerning the free movement of
self-employed persons.

The Free Movement of
Self-employed Persons

Whereas a reservation is pro-
posed against the free movement
of workers (Articles 45 and 46),
no reservation is proposed against
the free movement of self-
employed persons (Articles 32,
33, 34, 37 and 44) under the so-
called right of establishment.

The Government, through
Minister Mitchell, has stated that
the right of free movement of
self-employed persons is “princi-
pally in areas that earn foreign
exchange such as hotels, which

-are already open to foreign

investors”. But that is not what
the Revised Treaty states. The
Revised Treaty does not in any-

way limit the free movement of
self-employed persons.

Indeed, the Government’s own
Information Paper (dated Octo-
ber 2004 and prepared Ambas-
sador Leonard Archer) contra-



lj JOHN DELANEY

dicts the Minister in stating as fol-
lows:

“The Right of Establishment
is a fundamental pillar of the
CSME. This Right permits the
National of any Member State of

the CSME to establish a business
in any other Member State of the
CSME on the same basis as
would a national born in that
Member State. .

“In other words, a Barbadian
businessman would have the right
to establish a business in Jamaica
in the same manner that a
Jamaican businessman would
establish a business in his native
Jamaica. Similarly, the Jamaican
would have the right to establish
businesses in Grenada or

. Trinidad and Tobago in the same

manner that nationals of Grenada
or Trinidad and Tobago would

have” (see pages 20 and 21).

Further, in answer to a ques-
tion posed in the Information
Paper: ‘How will joining the
CSME affect those areas of the
Bahamian economy reserved for
Bahamians?’, the Information
Paper further states:

“On joining the CSME, unless
the Bahamas obtains reservations
on some aspects of Article 33
‘Removal of Restrictions on the
Right of Establishment’, the
Bahamas would be expected to
allow Single Market firms to

SEE page five

COMMONWEALTH OF THE BAHAMAS

IN THE SUPREME COURT
COMMERCIAL DIVISON
| BETWEEN

2005/COM/BNK/00028

Se

A) &2 socom:

ae

Interested persons please
fax resume to: 328-6479

LEGAL NOTICE

NOTICE

IN sis MATTER OF GLACIS INTERNATIONAL
LIMITED
AND
IN THE MATTER OF THE INTERNATIONAL BUSINESS
COMPANIES ACT 2000

NOTICE

DOMINION ROSE LTD.

(In Voluntary Liquidation)

NOTICE is hereby given that a Petition for the |
winding up of the above-named Company by the Supreme |
Court was on the 9th day of May, A.D., 2005, presented
to the said Court by New Time Establishment, whose
registered office is situate at Abtswingertweg 1, FL-9490
Vaduz/Liechtenstein.

Notice is hereby given that the above-named
Company is in dissolution, which commenced on the 28th
day of April, 2005. The Liquidator is Argosa Corp. Inc., of
P.O. Box N-7757, Nassau, Bahamas.

“Vl

COMPUTERS LIMITED
—tThe Know How Team™——

Las AND that the said Petition is directed to be heard

before the Court at the:Supreme Court Building in the

City of Nassau. aforesaid on Tuesday the 21st day of June,

A.D., 2005 at 10:00 o’clock in the forenoon and any

Creditor or Contributory of the said company desirous to
support or oppose the making of an Order on the said
Petition may appear at the time of the hearing in person
or by his counsel for that purpose; and a copy of the

Petition will be furnished by the undersigned to any Creditor
or Contributory of the said Company requiring such copy.
on payment of the prescribed charge for the same.

Preto aaeu ke) hats ae a.
_ Systems Engineer / Field Technician

ARGOSA CORP. INC.
(Liquidator)



Custom Computers Ltd. has been providing network
integration and system solutions for more than 18
years, and is looking to recruit an experienced Systems
Engineer / Field Technician. This position provides high
level field support and consulting to our clients.

The successful candidate will be experienced in PC
hardware & terminology, MS Windows 28! NT/2000/XP
& NT/2000 Server, MS Exchange,

LEGAL NOTICE



Mckinney, Bancroft & Hughes
Chambers
Mareva House
4 George Street
Nassau, Bahamas
Attorneys for the Petitioner

GRAZIANA CORP.
(In Voluntary Liquidation)

Notice is hereby given that the above-named Company
is in dissolution, which commenced on the 27th day of
May, 2005. The Liquidator is Argoso Corp. Inc., of P. O.
Box N-7757, Nassau, Bahamas.

NOTE:- Any person who intends to appear on the
hearing of the said Petition miust serve on or send by post
to the above-named, Notice in writing of his intention so
to do so. The Notice must state the name and address of
the person, or, if a firm, the name and address of the firm
and must be signed by the person or firm, or his or their
attorney (if any), and must be served, or if posted, must
be sent by post in sufficient time to reach the Petitioner
or its attorneys not later than 4 o’clock in the afternoon of
the: 20th day of June, A.D., 2005.

ARGOSA CORP. INC.
Liquidator







alibi

Div $ P/E

Financial Advisors Ltd.



Come join the best
Coffee Company!

Previous Close Today's Close Daily Vol.
Abaco Markets

Bahamas Property Fund
Bank of Bahamas
Benchmark

Bahamas Waste

Fidelity Bank

Cable Bahamas

Colina Holdings
Commonwealth Bank
Doctor's Hospital
Famguard

Finco

FirstCaribbean

Focol

Freeport Concrete

ICD Utiliti-s

J. S. Johnson

Kerzner International BDRs

The #1 Coffee Company is looking for people who:
Know what it means to give outstanding customer service
Have an interest in Food and Beverage sales and
management
Desire to bring fun and enthusiasm to our company
Truly believe the customer always comes first
Preferably have 1-2 years customer service experience
in a retail or restaurant environment

We offer:

° A great group of people to work with

¢ Acompetitive salary and benefits package

¢ All of the training you’ll need to be highly successful

52wk-Low
12.50 Bahamas Supermarkets
10.00 Caribbean Crossings (Pref)
0.40 RND Holdin

Last Price Weekly Vol.

13.00 Bahamas Supermarkets

fanaa elle We are currently interviewing for:

Colina Money Market Fund
Fidelity Bahamas G & | Fund
Fidelity Prime Income Fund
Colina MSI Preferred Fund

1.216402*

2.2420 ***
10.3539*""**" «
2.221401**

Baristas
(Coffee Bar Specialist)

2.2420
10.3539
2.2214

4

1.9423
10.0000
2.0941
All interested applicants should bring in person to John
Bull Business Centre, Robinson Road on Thursday, June
2, 2005 between the hours of 10am and 1pm the following

documents:

BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00

52wk-Hi - Highest closing price in last 52 weeks

52wk-Low - Lowest closing price in last 52 weeks

Previous Close - Previous day's weighted price for daily volume
Today's Close - Current day's weighted price for daily volume
Change - Change in closing price from day to day

Daily Vol. - Number of total shares traded today

DIV $ - Dividends per share paid in the last 12 months

P/E - Closing price divided by the last 12 month earnings

**~ AS AT MAR. 31, 2005/ **** - AS AT FEB. 28, 2005

AS AT MAR. 24, 2005/ *** - AS AT APR. 30, 2005/ ***** AS AT AP!

YIELD - last 12 month dividends divided by closing price

Bid $ - Buying price of Colina and Fidelity

Ask $ - Selling price of Colina and fidelity

Last Price - Last traded over-the-counter price

Weekly Vol. - Trading volume of the prior week

EPS $ - A company's reported earnings per share for the last 12 mths
NAV - Net Asset Value

N/M - Not Meaningful

FINDEX< - The Fidelity Bahamas Stock Index. January 1, 1994 = 100

Resume, passport picture, copy of passport, copy of NIB
card, job references.


THE TRIBUNE



' FROM page one

“Legislation is a major step
forward, but there’s no point in
going out and marketing it if
you don’t have the resources to

_ pull it all together.”

Mr Jones said US tax attor-

"ney Joel Karp, a well-known

figure to many in the Bahami-
an financial services industry,

_ had played a major role in

‘developing the new External
.. Insurance Act. While a final

version of the Act has been

WEDNESDAY, JUNE 1, 2005, PAGE 3B

LOCAL NEWS
‘Substantial progress’

made on External
Insurance Act

produced, feedback is still
being provided by the indus-
try on the draft regulations.
The Bahamian economy and
financial services industry ’
could derive significant bene-
fits from a captive insurance

Legal Notice
NOTICE

GUN POINT INVESTMENTS LIMITED

This is to inform the General Public that all that private
thoroughfare or roadway known as Gun Point situate
northeastwards of the Settlement of Spanish Wells at the
northwestern end of the Island of North Eleuthera will be
closed to the public from 6:00 am to Saturday, 11th June,
2005 to 6:00 am to Sunday, 12 June, 2005 to protect the

right ownership.

EVERETT SANDS
President

Tadn Coves Lane, Governors Harbour,
Eleuthera, Bahamas

Tel (4 242)332 2874

Email head@eleutheraprep.ory
Headmistress: Mrs. Sonia Crisp RA

KEY STAGE THREE TEACHERS

Required for September 2005,
Key Stage Three teachers to cover the whole of the
British National Curriculum.

Eleuthera Preparatory School is expanding to include Years
7/8. We require teachers with at least five years teaching
experience of the British National Curriculum to teach
either English with Social Studies, or Mathematics with

Science.

The successful applicants will also have to share
responsibility for Music, Physical Education, Design and

Technology, Religious Education, Information and |

Communication Technology, Art and Design and a Modern

} Foreign Language.

A teaching couple would be preferred. Please forward letter
of application, Curriculum Vitae and two professional
references to the Headmistress by June 30th 2005.

Eleuthera Preparatory School
P.O.Box EL 86
Governors Harbour
Eleuthera

Email: - head@eleutheraprep.org
Telephone:-332-2874

ar



A

ANSBACHER

industry. The Bahamas already
has a competitive advantage
in that its current captive fee of
$2,500 per annum was much
lower than the $7,000 charged
in the Cayman Islands.

In addition, a 2004 Bahamas

Fiscal
deficit
up 51.6%
FROM page one

years. This, and a projected
strengthening in tourism,
will support robust econom-
ic growth during 2005 and
the medium term.

“Correspondingly, the
monetary sector should ben-
efit from healthy growth in
deposits, sustaining expan-
sionary private sector credit
conditions and facilitating
further build-up in external
reserves. The outlook also
remains favourable to an
improvement in asset quali-
ty conditions in the banking
system, and improved fiscal
sector trends.”

The Central Bank said the
stimulus from foreign direct
investment was expected to
increase during 2005, with
mortgage lending boosting
construction sector activity.

However, the 51.62 per
cent increase in the Gov-
ernment’s fiscal 2004-2005
deficit at the end of March
compared to the year-before
period is likely to raise fur-
ther concerns about the
health of the public finances. |

Once again, the main cul-
prit behind the deficit
appears to be recurrent
expenditure, which for those
nine months appears to have
increased year-on-year by
7.5 per cent to $765.3 mil-
lion from $711.9 million.
Capital expenditute was rel-
atively flat, declining by 2.55
per cent-to $42.1 million.

The Central Bank data
backed up the Governmen-
t’s statements about an
improving revenue situation,
though, with revenues and
grants some 2.48 per cent
ahead at March 31, 2005, at
$719.4 million compared to
the previous fiscal year’s
$702 million.

Import duties, which
account for about half of
government revenues, were
up by 9.67 per cent at $287
million, compared to $261.7
million in 2003-2004.

ANSBACHER (BAHAMAS) LIMITED

Ansbacher in the Bahamas invites applications from qualified individuals

fora

CLIENT ACCOUNTING MANAGER
Salary + Banking Benefits + Performance Based Incentive Scheme

The Client Accounting Manager reports to the Director of Fiduciary
and is responsible for the overseeing of a profitable Client Accouting
Department in the preparation of financial statements for clients. He/she
is also responsible for maintaining accounting records for Trust and
Companies while complying with ABL’s Systems of Internal Control
and liason with Internal and External Auditors.

Candidates should have a minimum of 5 years experience in a senior
~ management position with proven ability to achieve objectives and

meet deadlines.

Education should be to a degree level with a relevant professional
qualification such as CPA. It is also important that candidates satisfy
the regulatory requirements. The successful candidate must be able
to demonstrate solid team work, communication skills and a practical
“can do” attitude.

:

In addition to basic salary, benefits include life and medical insurance,
income protection and membership in a personal plan.

Written applications with current C.V. should be submitted to:

The Human Resource Manager,
Ansbacher (Bahamas) Limited,

P.O. Box N-7768,
Nassau, Bahamas
Fax 242-326-5020



also needed to reduce the turn-

NOTICE

NOTICE is hereby given that WESLY MOREAU, GOVERNMENT
SUBDIVISION, MARSH HARBOUR, ABACO, BAHAMAS, is
applying to the Minister responsible for Nationality and Citizenship,

Financial Services Board
(BFSB) study had shown that
if the Bahamas could capture
600 captives, the size of the
Cayman Islands’ industry,
some $1.5 million in fees would
be generated for the Registrar
of Insurance.

The BFSB report said:
“Additional economic spin-off
would be significant in the
areas of tourism (captives are
currently holding annual meet-
ings in the Bahamas without
having a nexus to this jurisdic-
tion), professional services and
banking - the average annual
expenditure in the Bahamas
on professional services per
captive is almost certain to
exceed $20,000.” \

And Guilden Gilbert, presi-
dent of the Bahamas Insurance
Brokers Association, said ear-
lier this year that the Bahamas
could emulate South Carolina,
which saw its captive insurance
sector grow from two in 2000
to 85 in 2003.

In 2003, the industry had
produced $4 million in state
revenues and $66 million in
managed investments, with
cash held totalling $61 million.
At the end of 2004, South Car-
olina boasted 114 captives.

Mr Gilbert said to capitalise
on this potential, in addition
to the new Act, the Bahamas

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
25th day of MAY, 2005 to the Minister responsible for Nationality
and Citizenship, P.O.Box N-7147, Nassau, Bahamas.



FABULOUS CAREER OPPORTUNITY

Leading fitness centre
is in search of a

Fitness/Aerobic
Instructor

The ideal applicant must have:

Bachelor’s degree from an accredited university
in Phys. Ed. or Exercise Science.

Certification in Aerobic & Personal Training
Certification in CPR & First Aid.

Minimum 2 years’ experience as a personal trainer
& step.aerobic instructor.

Knowledge of cardiovascular machines,
weights & body fat testing.

around time for approving cap-
tive insurance applications
from nine-plus months to
around three to four weeks.

There are 4,000 captives
operating around the world,
with more than $250 billion in
total assets and generating a —
collective premium volume of
more than $50 billion annually.

In its purest form, a captive
is a company that is part-
owned by a parent company
now in the business of insur-
ance, and which uses the cap-
tive to insure or all part of its
risk.

‘The use of captives has since
evolved into agency captives,
association captives and rent-a-
captives.

Experience with fitness testing, nutrition
assessments & dietary guidelines an asset.

Applicants must also be
Highly energetic with a passion for fitness
Able to interact with high-end clientele

Willing to maintain strict grooming standards

GREAT JOB FOR THE RIGHT PERSON!
Excellent conditions & benefits
Interested persons may apply at
dpaoffice@coralwave.com





VACANCY NOTICE

Applications are invited from suitably qualified persons for the position of
Accountant II.

MAIN DUTIES INCLUDE:








1. Ensuring that systems are in place so that the Investment and Fixed
Assets transactions are monitored and processed in an accurate and timely
manner, and in accordance with the policies of the Board.





2. To make recommendations on new and continuing investments of the
Board to enhance the investment portfolio yield.






3: To ensure that monthly and annual financial information from the Investment,
Insurance and Fixed Assets sections are accurately prepared and completed
on a timely basis.





4. To recommended policies and procedures that would result in the
implementation of current best practices and proper internal controls in the
Investment and Fixed Assets areas.





5. Ensuring that the Board’s insurance portfolio is properly administered to
adequately safeguard assets of the Board.




6. To ensure that technology is effectively used in the Investment and Fixed
Assets areas to improve ‘efficiency and improve the quality and timeliness
of information.




7. To develop, train, motivate and monitor staff.
8. Provide assistance in the overall operation of the Accounts Department.

QUALIFICATIONS AND REQUIREMENTS:




1. Professional accounting qualifications that entitles one to membership
of the Bahamas Institute of Chartered Accountants.





2. Minimum of two years post qualification experience

3. Work or audit experience in a major financial institution



4. Computer skills are essential



5. Strong supervisory, communication and analytical skills



SALARY:




This is a contract position with a salary of $60,000 per annum. Fringe
benefits include group medical/life insurance.



APPLICATION:






Application forms may be obtained from the Security Booth of the National
Insurance Board’s Jumbey Village Complex. Interested persons may submit
a completed application form along with the necessary proof of qualifications,
no later than 4:00 pm on Thursday, June 16, 2005, to:





The Senior Manager - Human Resources
THE NATIONAL INSURANCE BOARD
Headquarters Building
Nassau, Bahamas




PAGE 4B, WEDNESDAY, JUNE 1, 2005 THE TRIBUNE BUSINESS

BANCO SANTANDER BAHAMAS INTERNATIONAL LIMITED

Investment securities, which are investments held-to-maturity, represent those securities
that the Bank has both the positive intent and ability to hold to maturity and are recorded



BALANCE SHEET at amortized cost (cost adjusted for amortization of premiums and accretion of
AS OF DECEMBER 31, 2004 discounts). Investment securities are written down to fair value, if the fair value
(Expressed in thousands of euros except for share amounts) represents a permanent impairment in the value of the investment.
2004 2003 Securities available-for-sale represent those securities that do not meet the classification
of held-to-maturity or trading. Unrealized gains and losses on these securities are
ASSETS reflected as a separate component of shareholders’ equity.
Cash and due from banks
Demand - Group € 3,573 € 12,069 e. Securities pending settlement - Securities pending settlement represent the
- Others 7,597 29,452 commitments on trading security transactions, which the Bank has entered into but are
44170 41521 not settled at the balance sheet date. Unrealized and realized gains and losses incurred
———S on these transactions are recorded by the Bank op the transaction date.
gee sid : ee ae f. Derivative financial instruments - The Bank enters into derivative transactions to
SS Se mitigate the risk associated with foreign currency exchange rates. The Bank may enter
» __ 558,292 _ 2,011,685 into derivatives for speculative purposes when specific business.goals and strategies
Total cash and due from banks 569,462 2.053.206 have been identified. The derivatives are carried at fair market value. :
Accrued interest receivable - Group 46,269 14,118 g. Loans and allowance for loan losses - Loans are stated at the amount of unpaid
_ + Others - 1,295 principal, reduced by unearned discount and an allowance for loan losses. Accrual of
46,269 15.413 interest is discontinued when management believes the borrower’s financial condition is
5S : : ws, a , SS such that the collection of principal and interest is doubtful, at which time such loans are
Trading securities, net (Note 3) 2,715 6,497 placed: on non-accrual status and ‘any past due interest is reversed. If payment is
Securities pending settlement, mets Fe: 2,895 2,356 subsequently collected on these loans, the amount collected is applied first to the interest _
so Investment securities - -.Group (Note: 4)”: He aR 246,666 246,666 and then to the outstanding principal of the loan.
ecea a (Note 5) oe: sie 1.042. ‘ The allowance for Joan losses is. recorded at an amount considered to be sufficient to
* ee a ga 8 tie ae Fee | cover credit risks and takes into-account the economic environment, and the Bank’s past
-- Loans - Group" me ee 5,125,197 4,103,673 ©. - experience and specific and overall: portfolio risks. Due to the nature of the loan
< Other assets. Pe toa ae fe - 383 1,802 balances, there v was no allowance for loan lossés recorded during 2004 and 2003.
; “Unrealized gain o on n derivative instrufients, ae Oe DRR2 ie ne.

ce | ae income tax - Under the jaws of the Conimonwealth of The Bahamas, the Bank is not
‘- gubject'to income tax. Therefore, no provision or liability for income taxes has been
‘included in the above balance sheet.

oe “TorAt eee € 6,000,904 € 6,430,655



~ LIABILITIES AND SHAREHOLDERS" EQUITY | i. Fair value of financial instruments - IAS No. 32, “Disclosure and Presentation”,
ss : (revised 2000) requires entities to disclose information about the fair value of financial

LIABILITIES: instruments for which it is practicable to estimate such ts. The followi
A io € 73,977 €. 37,214 P amounts. € following
: Pea le f_iet 6 3hAlt assumptions were used by management to estimate the fair value of each class of
Time deposits - Group 4,658,142 5,301,030 financial instruments:
- Others , : ___ 69,643 _31,290
: 4,727,785 5,332,320 i. Cash and cash equivalents, accrued interest receivable, dividends receivable,
: qe other assets and other liabilities - The carrying amounts of these items
: Total deposits 4,801,762 _ 5,369,534 . approximate fair value due to their short-term nature.
Accrued interest payable-Group © 15,087 8,448 -
Securities pending settlement 2 3,870 il. . Investment securities - The carrying amount approximates fair value as future:
‘Unrealized loss on derivative instruments (Note 5) - 5,512 cash flows reflect changes in EIBOR.
oe other prov isions (Note 8). Ree a, aH 280000 ‘tii, Trading securities - The portfolio principally consists of investments in equity
Ottier liabilities | ts eee Boo Oe ON securities of European publicly traded enitities. The securities’ values as at year
; “Total Hepiins 5,186,933 —_ 5,617,428 © end were independently obtained via Bloomberg.
, ‘SHAREHOLDERS’ EQUITY: iv. Foreign currency forward contracts - The carrying amount approximates fair
Common stock, $1 par value; . value because of the short period to maturity of these instruments.
. 5,000, 000 shares authorized, issued and ee 5,309 5,309 : ‘
Additional contributed capital 772,500 772,500 v. Loans (group) and deposits - The carrying amount approximates fair value
Retained earnings 2 oe, 36,162 35,418 because of the short period to maturity of these instruments.
Total shareholders’ equity 813,971 813,227 ©
, . Ss
TOTAL | ao. hay 3 -- € 6,000,904 € 6,430,655 3. TRADING SECURITIE

Trading securities at December 31, 2004 and 2003 consist of the following:

See notes to balance sheet.

2004 = 2003

‘ Cost’ TSS praetor acm eit sat ase Bsns SAG C “7428
Book and fair market value € 2,715 € 6,497,

Securities held in the trading. portfolio are carried at fair value. The portfolio Principally
consists of investments in equity securities of European publicly traded entities.



4. INVESTMENT SECURITIES

Investment securities at December 31, 2004 and 2003 consist of the following:
NOTES TO BALANCE SHEET







Interest 2004 2003
DECEMBER 31, 2004. Rate Maturity Total Total
ie . Banco Santander Totta S.A.. Libor + 1 6%. Perpetual — 1,746 1,746 \
1 GENERAL Banco Santander Totta S. AL Libor: fe 1 6%: Perpetual 244,920 244,920 |
, rae Banco. ‘Santander. ‘Bahasies’ international ‘Limited ‘(the “Bank” was incorporated” in the Cee eae i is es oo = ue . . oe ai Seee0s Eo eee G66 286,666,
yee ‘Commonwealth : ‘of The. Bahamas and ‘was granted its license by the Ministry of Finance to ee rte fon . 8
te, carry. on its banking: ‘business. on: ‘September 6, 1994. The Bank’s ultimate parent is Banco thon oe
~ ... ‘Santander Central Hispano,:S.A. (the “Parent”), incorporated in‘Spain. The registered office is - ae DERIVATIVE FINANCIAL INSTRUMENTS ae XK






< Derivative financial instruments for. speculative purposes - The Bank enters into derivative
‘ financial instruments with non-Group entities in the normal course of business for speculative

"purposes. As of December 31, 2004, the Bank had open transactions for a total notional

_ amount of €237,574 with a market value of €2,482 (2003: €774,915 and €5,5 12, respectively).



‘located, ‘at. 3rd Floor,. Bahamas: Financial. Centre, Shatey:s and Charlotte ‘Streets, ‘Nassau, ie oe

The Bank & penton’ part of its activity with thee | entities of Grape Santander (the “Group”). .

ce The outstanding balances-at December: 31, 2004, of the main transactions with the Group and

othe: results: of these: transactions for, the nd then ended are described in the above balance
sheet.



Foreign currency forward contracts to cover open currency positions - The Bank is a party to

foreign currency forward contracts used in'the normal course of busiriess to meet its risk

2003: four management needs. These contracts typically mature within one year. The Bank does not
As at December 31, 2004, the Bank had a total of four employees ( ). speculate in the foreign exchange market.

The fair value of all such foreign currency forward contracts outstanding as of December 31,

2004, was approximately €4,835 (2003: € Nil) recorded as an asset in the accompanying

balance sheet.

Zz. SIGNIFICANT ACCOUNTING POLICIES

The above balance. sheet has been prepared in conformity with applicable International
Financial Reporting Standards (“IFRS”). The following is a summary of the significant

profiting from short-term price. movements and wre carried at fair value as adjusted for
gains and losses. o on committed sales anid purchases ;





accounts polis Slowed Ey the Bank: 6. TRANSACTIONS AND BALANCES WITH RELATED PARTIES
a Cas h and cash equivalents - Cash and cash equivalents is defined as demand deposits The Bank maintains balances and enters into business transactions with related parties. These
+ net of due to demand and time a with maturity of less than 90 days from year- balances, which fluctuate during the year, arise in the ordinary course of the Bank’s business.
ond ae cy Balances outstanding as of December 31, 2004 and 2003 are reflected in the above balance
ees - sheet.
“b.. . Use of estimates in ihe preparation. of the patébice sheet - The. preparation ‘of the :
-balance sheet in conformity with IFRS requires management to make estimates and . The Bank maintains.an administrative and management services agreement with Santander
assumptions that affect the reported amounts of-assets and liabjlities and disclosure of Bank & Trust Limited, a related entity.
- contingent assets and liabilities as of the date of the balance sheet. Actual results could
differ from those estimates.
; : 7. COMMITMENTS AND CONTINGENCIES
c. Translation of currencies - Asset and liability accounts denominated in currencies other
than the euros are translated into euros at the rate of exchange prevailing at year-end. The above balance sheet does not reflect various commitments and contingent liabilities,
‘Common stock, contributed capital, and retained earnings accounts are translated at the which arise in the ordinary course of business. The contractual amounts of these instruments
historical rate of exchange, or the exchange rate prevailing on the contribution date. represent a credit risk to the Bank should the instrument be fully drawn upon and the client
Bie: defaults. These commitments and contingent liabilities are described in the table below.
The following exchange rates were used to translate the assets and liabilities outstanding Commitments and contingencies, other than derivative financial instruments, are as follows:
in foreign currencies as of December 31,'2004 and 2003: 1
2004 2003
Exchange Rate ; ;
Currency 2004 2003 Undrawn portions of lines of credit:
Group € - € 672,669
United States of America Dollar (USD or $) 0.734 EUR/USD 0.792 EUR/USD ———
ret Soon (Be) RSIEURORR Tae eter Management does not anticipate any material losses as a result of these transactions.
Swiss Francs (CHF) 0.648 EUR/CHF 0.642 EUR/CHF |
, Legal matters - The Bank may be involved in litigation arising from transactions in the
ordinary course of business. Management believes that the ultimate liability, if any, resulting
2 wee from transactions in the ordinary course of business will not have a material effect on the
d. Securities - Securities on the Bank’s balance sheet are classified as trading securities, financial position or results of operations of the Bank.
securities available-for-sale or held-to-maturity investments.
The trading portfolio includes those securities, which are held with the intention of 8. ACCUMULATED OTHER PROVISIONS

AS. of December’ ale 2004, the Bank has igaded guarantees to related parties to a maximum

amount of €380,000 (2003: €230,000).
CAPITAL REQUIREMENTS

The Bank is subject to the regulations of the Central Bank of The Bahamas (“Central Bank”).
These regulations, which are subject to interpretation by the Central Bank, establish guidelines
to evaluate the capital adequacy of the institution. The Central Bank has established minimum
risk-based capital ratios. At December 31, 2004, the Bank’s management is of the opinion
that the Bank meets the established minimum ratios established by the Central Bank.

RISK MANAGEMENT

The following is a description of the Bank’s financial risk Management objectives and
policies:

Credit risk - Financial assets, which are potentially subject to credit risk, comprise mainly the
investments in securities. The Bank has a significant concentration with its affiliated
companies. ‘

Price risk - Price risk is comprised of currency risk, interest rate risk and market risk.

Currency risk - Currency risk arises from the possibility that the value of a financial
instrument will fluctuate due to changes in foreign exchange rates. The Bank minimizes this
risk by carrying out the major portion of its asset and liability transactions denominated in
euros, in order to insure that no significant exchange risk positions are carried.

Interest rate risk - Interest rate risk is the risk that the value of a financial instrument may
fluctuate significantly as a result of changes in market interest rates. The Bank’s exposure is |
monitored through ensuring that the asset and liability transactions are contracted over similar
average terms and with a spread which provides the Bank with an adequate return.

Market risk - Market risk is the risk that there will be a change in the value of a financial
instrument due to changes in market conditions. The Bank minimizes this risk through various
control policies, monitoring procedures and hedging strategies.

Deloitte.

Deloitte & Touche

Chartered Accountants

and Management Consultants
2nd Terrace, Centreville
P.O. Box N-7120

Nassau, Bahamas

Tel: + 1 (242) 302-4800
Fax: +1 (242) 322-3101
http://www.deloitte.com.bs.

INDEPENDENT AUDITORS’ REPORT

To the Board of Directors of
Banco Santander Bahamas International’ Limited:

We have audited the above balance sheet of Banco Santander Bahamas International Limited (the
Bank”) as of December 31, 2004. The balance sheet is the résponsibility of the Bank’s
management. Our responsibility is to express an opinion on the balance sheet based on our audit.

We conducted our audit in accordance with International Standards on Auditing. Those Standards
require that we plan and perform the audit to obtain reasonable assurance about whether the balance
sheet is free of material misstatements. An audit: includes examining, on a test basis, evidence
supporting the amounts and disclosures in the balance sheet. An audit also includes assessin the
accounting principles used and significant estimates made by management, as well as sales the

overall balance sheet presentation. We believe that our audit provides a reasonable basis for our
opinion.

In our opinion, the balance sheet presents fairly, i i i iti
i y, in all material respects, the financial position of th
Bank as of December 31, 2004, in accordance with International Financial Reporting Standards ;

pholle & Torals

January 31, 2005 ;



Ue sy)

Thursday, June 2, 2005
~SHIPAHOY COMPLEX |



THE TRIBUNE

WEDNESDAY, JUNE 1, 2005, PAGE 5B



FROM page two

enter every part of its domestic market. Under Arti-
cle 33, Member States are expected to remove any
“restriction on the setting up of agencies, branches or
subsidiaries by nationals of a Member State in the
territory of another Member State’” (see page 38).

The Bahamian public is entitled to plain and
direct words from the Government that, by its deci-
sion to join the CSME, the Government intends to
allow CARICOM nationals to operate any busi-
ness in the Bahamas as self-employed persons on the
same basis as any Bahamian. And, that included are
those business areas presently reserved under the
National Investment Policy exclusively for Bahami-
ans, namely:

i) Taxis

ii) Beauty salons or barber shops,

iii) Auto repair services

iv) Fishing

v) Retail shops of any kind

vi) Wholesale shops of any kind

vii) Real estate sales and rental agencies,

viii) Restaurants (non-specialty), and

ix) Security services

The Government should disclose in plain lan-
guage to the public that the CSME would impose an
obligation upon the Bahamas to. ensure that
Caribbean nationals, on the same basis as Bahami-
ans, have access to land, buildings and other property
in the Bahamas for their establishment of business-
es in the Bahamas (see Article 37).

The Reservations

There is much confusion about the duration of any
of the four reservations to parts of the CSME:

Article: 237 of the Revised Treaty allows reserva-
tions to be entered if other CARICOM countries
that sign the Revised Treaty would agree. However,
the Revised Treaty does not define the word “reser-
vation” or speak to its duration or legal effect.
. Ministér Mitchell has stated that the reservations
would have no time limit unless the Bahamas decides
to remove them. Le ol

The Bahamas Information Paper states that “these
reservations could last for 20 years or more” (page
47). : ;
A Barbados-based CSME specialist has reportedly
stated that the proposed reservations would be lim-
ited to five years and that any extension would
require the agreement of Caricom members.

However, even if one agrees with the position of

VACANCY NOTICE
Job Title: SENIOR SECURITY SUPERVISOR

Core Functions:

¢ Ensure the protection of life, property, confidential
documents and other information and the safety and

well-being of employees and visitors.

¢ Perform supervisory duties and assist with

administrative matters.

Education and Other Requirements:

¢ Three (3) BGCSE/GCE passes with ‘C’ grades or
above or equivalen,high, schoo]. diploma, and nine.(9).
years relevant experience, including three (3) at the

supervisory level. .

* Good supervisory and communication skills

¢ Sound human relations skills

¢ Computer skills and knowledge of surveillance systems

are assets

¢ Knowledge of policing principles

¢ Punctual, reliable, alert and physically fit

¢ Clean Police Record

¢ Good character

Interested persons should submit a resume, documentary proof
of their qualifications including copies of certificates, and three

character references to:

The Human Resources Manager

DA 4275
P.O. BoxN-3207
Nassau, Bahamas .
by Thursday, June 9, 2005

NOTICE

Caribbean Court

Minister Mitchell on a question of duration, more
fundamental is that, as a matter of international
law, no state may form a reservation to a treaty if the
reservation is incompatible with the object and pur-
pose of the Revised Treaty (Vienna Convention on
The Law of Treaties, Article 19).

In this regard, it appears that some - if not all - of
the four reservations directly conflict with the object
and purpose of the CSME. As such, at some point
after the Bahamas would have signed on to join the
CSME in reliance upon four reservations of uncer-
tain effect, the Bahamas may find itself subject to a
dispute brought by other CARICOM states chal-
lenging the reservations.

Therefore, whatever position one takes on the
duration of reservations, if they are incompatible
with the object and purpose of the Revised Treaty,
they may only last until the Caribbean Court of Jus-
tice sets them aside. The CCJ alone shall have juris-
diction to determine the matter. In this connection
it should be clearly understood that the proposed
reservation against the CCJ would not - and could
not - prevent the CCJ from having exclusive juris- -
diction over CSME disputes concerning the
Bahamas.

There is no compelling economic or political case
for the Bahamas to join the CSME in its present
form. The four reservations are insufficient and too
uncertain to protect the legitimate interests of the
people of the Bahamas. The Bahamas should reject .
the Revised Treaty and, instead, pursue a bilateral
treaty between the Bahamas, on the one hand, and
CARICOM, on the other, covering such aspects of
economic and/or political co-operation as the
Bahamian people would find acceptable.

Conclusion
The Bahamian public deserves a clear under- °

standing of how the CSME will impact their way of
life. That understanding requires informed discus-
sion, widely held. - in our churches, unions, schools
and families - and time for mature consideration. It
is unfortunate that the Government did not choose
to invigorate its campaign for the CSME sufficient-
ly in advance of the impending CSME deadline of 31
December, 2005. But Bahamians ought not to be
rushed into a bad deal. An issue so profound as
whether to join the CSME could not, with moral
authority, be decided by the Government without it
first being put to the people in a referendum or
general election.

CSME
reservations
~~ could be

overturned

FROM page one

employed.

¢ sD Jatter category, were.
‘covered by the Right-of.|:
Establishment, which the ~
Bahamas.-is not seeking a
reservation from. Mr
Delaney said the assertion
by-Fred: Mitchell, minister
of foreign affairs, that the
right of free movement of
self-employed persons is
“principally in areas that
earn foreign exchange such
as hotels, which are already
open to foreign investors”,
was contradicted by both
the revised Treaty and a
paper. produced by CARI-
COM Ambassador Leonard
Archer.

_. Mr Delaney writes: “The
Bahamian public is entitled
to plain and direct words
from the Government that,
by its decision to join the
CSME, the Government
intends to allow CARI-

J’ COM nationals to operate
‘any .business in the
Bahamas as self-employed
“persons on the same basis
as any Bahamian.

|. “And, that included [in

| that], are those business
areas presently reserved
under the National Invest-
ment Policy exclusively for ’
Bahamians.”

Mr Mitchell has previ-

ously said that the Right of

(Western Gate)

IN THE ESTATE OF MONICA MARY

Establishment, which allows

CARICOM nationals to
establish businesses in the
Bahamas’ unhindered,
would not apply to the
retail and wholesale sectors.

However, The Tribune’s
own research has found no
mention of an exemption
for these two industries in
the revised Treaty. Mr
Mitchell said the Right of
Establishment would
chiefly apply to foreign
exchange earning indus-
tries, but the revised Treaty
only states that such indus-
tries would be priority tar-
gets for this part of the
Treaty - not the exclusive
part. s
Meanwhile, the Trade
Commission’s 2003 report
on whether the Bahamas
should join the CSME said
that while the monetary
union objective was a long-
term goal, due to the
absence of any economic
convergence and policy har-
monisation between mem-
bers states, this nation had
to be wary of this goal.

The report said: “The
Bahamas is cautioned on
ceding any degree of mone-
tary and economic policy to
CARICOM. The Bahamas
comparatively stable eco-
nomic performance outturn
vis-a-vis some of the CARI-
COM member states could
be placed in jeopardy by
this objective.”

HENNESSEY also known as MONICA
MARY TRUMP ALBURY HENNESSEY
late of the Eastern Road in the Island of
New Providence in the Commonwealth
of The Bahamas, Widow .

West Bay Street,
opposite Well’s Service Station
DOORS OPEN FOR
VIEWING & REGISTRATION
9:00am - 10:00am

AUCTION

10:00am - 2:00pm

Deceased

NOTICE is hereby given that all persons having »
any claims against the above-named Estate are
required, on or before the 30th day of June, 2005
to send their names and addresses, and particulars
of their debts or claims, to the undersigned, and if
so required by notice in writing from the
undersigned, to come in and prove such debts or
claims, or in default thereof they will be excluded
from the benefit of any distribution made AND all
persons indebted to the said Estate are asked to
pay their respective debts to the undersigned at
once.

¢ Office Furniture, Computer Equipment &
other Supplies

e Exercise Equipment

¢ Vehicles & Fork-Lift - by Sealed Bid on Site

¢ Construction & Miscellaneous Supplies

GENERAL PUBLIC IS INVITED

Dated the Ist day of June, 2005

CALLENDERS & CO.
Attn: Mr Ritchie W. Sawyer
One Millars Court

P. O. Box N-7117

Nassau, Bahamas

Attorneys for the Executors


2 Fab ERRATA Rt

FY BR] Hoh, Re

PAGE 6B, WEDNESDAY, JUNE 1, 2005

TRIBUNE SPORTS





NFL draftee Alex catching

on at Tampa Bay Buccaneers

H By KELSIE JOHNSON
Junior Sports Reporter

ALEX SMITH, the second
Bahamian NFL draftee in two
years, who’s now in a month
of training with the Tampa

Bay Buccaneers rookie camp, ©

has already made an impres-
sion on the Buccaneers head
coach Jon Gruden and coach-
ing staff with his catching dis-
play.

The former three-year

starter at the Stanford college
is considered to be the pre-
mier tight end among all of
college football's seniors who
were drafted.

*- -_ = = lm
a-— 7 z eee - —_—- - —«
we ee ee
—_-_——- oo > le

-_ - e. —_





certificate and copies of licences. .

WANTED
BOAT CAPTAINS AND CREW

¢ Captains must have ‘Class A’ Licence

¢ Captains must have ‘STCW 95’

* Crew/Deckhands must have ‘STCW 95’
¢ Jobs based in Great Harbour Cay

All Applicants need resume, references, Medical certificate, police

Salaries based on certification and eae ;

Bahamian impresses

coaching staff

He was the 71st pick in the
third round of this year’s draft,
and among 12 players selected
by the Buccaneers.

Smith, who stands at 6 feet 4
inches and weighs in at 258
pounds, is the son of the
Bahamas’ first professional
football player, Edwin Smith.

Edwin played in the NFL in
1973 with the Denver



“Copyrighted Material
Syndicated Content

Available from ¢ Commercial. News Providers”







-| should send a written and signed statement of the facts within



Contact: 242-427-5385, P.O. Box SS-19343 Nassau

NOTICE

NOTICE is hereby given that CARGEL CHARLES, ROLLE AVE
OFF PEACH STREET, NASSAU, BAHAMAS, is applying to the



‘| Minister responsible for Nationality and Citizenship, for

registration/naturalization as a citizen of The Bahamas, and that
any person who knows any reason why registration/ naturalization
should not be granted, should send a written and signed statement
of the facts within twenty-eight days from the 25TH day of MAY,
2005 to the Minister responsible for Nationality and Citizenship,
P.O.Box N- 7147, Nassau, Bahamas.

NOTICE

NOTICE is hereby given that PETDNER PIERRE, HANNA HILL,
EIGHT MILE ROCK, GRAND BAHAMA, BAHAMAS, C/O
GENERAL DELIVERY 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,










twenty-eight days from the 25th day of MAY, 2005 to the Minister
responsible for Nationality and Citizenship, P.O.Box N-7147,
Nassau, Bahamas. :






Broncos.

According to a Buccaneers
news release, posted earlier
this week, Smith ran down the
middle of the field and hauled
in a 25-yard pass. Buccaneers
coach Jon Gruden shouted:
“Merry Christmas for the Buc-
caneers, if Smith keeps mak-
ing plays like that, it will cer-
tainly be.”

wi

’

Smith is noted for his ability
to run the field and make
plays at the camp. _

He said: “It feels great to
be at training camp, it’s no dif-
ferent from the training camps
in college. It’s comforting to
know that every time the
coach calls my name it is for
something good.

Plays

“J try to give it my all when
Iam out on the field. There’s
a lot of plays we have to learn
and we are out there all day
practising.

“I am still trying to get

ad

adapted to the weather and
the area, but, other than
that, everything is going very
well.”

According to Smith, the
training schedule varies week-

ly, but their viewing of prac- |
‘tice sessions has been on a

constant basis.

“We practise every morn-
ing and at the end of these
practice sessions we watch the
video tapes of practices,”
Smith added. “It feels great
knowing that all the players
are out to practise, and we are
given this opportunity to prac-
tise with them.”

The Buccaneers are allowed



‘

only one mandatory full-team
mini-camp during the off-sea-
son. Tampa Bay’s mandatory
mini-camp will run from June
21-23, the latest scheduled
mini-camp among all 32 teams
in the NFL.

w

Teams .

All teams in the NFL are
given 14 allotted camp days,
however, teams with new head
coaches are allowed two
mandatory camps during ie
off-season.

The final day of the Bucs’
mini-camp will be the last day
for the off-season program.

sl

oF an By 2

—

Gan

al

“es 4
i ‘ bs

Soccer superstar Ronaldo dropped

from Brazil Wortkd

eer 5. ee ® we
—
¢ (1) Bartender

Small family restaurant in Western District is
seeking to employ:

Applicants please telephone 362-0681 for interview.



° (1) Cook (must be experienced in Bahamian Dishes)

¢ (1) Waitress (for evenings only).

NOTICE

NOTICE is hereby given that PATRICIA ROSEMARY JOHNSON
OF EWON STREET, P.O. BOX N-312, 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
25TH day of MAY, 2005 to the Minister responsible for Nationality
and Citizenship, P.O.Box N- 7147, Nassau, Bahamas.







up qualifiers squad

Ree ot
« TRIBUNE SPORTS

WEDNESDAY, JUNE 1, 2005, PAGE 7B



SPORTS



Beauty and the beast to clash in
French semi-final showdown

, Imperious and nearly imper-
yious, Roger Federer plays the
beautiful game. Muscular and
macho, Rafael Nadal is, like the
‘uncle who inspired him, “The
Beast”, according to Associat-
ed Press.

Federer is the top player,
Nadal the hottest; and their

_Straight-set victories at the
“French Open yesterday set up a
‘semi-final collision that virtual-
‘ly everyone knew was coming.
_ The only shame is that the
‘duel between the Swiss and the
Spaniard, the best players on
-the ATP Tour this year with 11
‘titles between them, is not for
the championship.

Federer’s 6-2, 7-6 (3), 6-3
quarter-final win against Victor

«Nadal’s 7-5, 6-2, 6-0 romp over
“David Ferrer.

The tournament, however,
‘should have its fill of grand the-
-atre on Friday when Federer
continues his quest for a career
“Grand Slam and Nadal cele-
-brates his 19th birthday on cen-
tre court in his first major semi-

final.
“ Nadal's uncle and mentor,
‘former soccer star Miguel
“Angel Nadal, took pride in his
‘nickname “The Beast of
-Barcelona”. Rafael's first love
“was soccer and he inherited his
“uncle’s dynamic style and ath-
“Jetic talent. Under the tutelage
-of another uncle — Miguel
~Angel's brother, Toni — Nadal
“transferred those attributes to
“the tennis court and quickly
-tose in the rankings after turn-
“ing pro at 15 — little more than
“three years ago.
_ Always bouncing on his toes
“or running with boundless ener-
-gy, Nadal has won 22 straight
‘matches, all on clay, and is seek-
-ing his sixth title of the year in
chis first French Open. No less
_an authority than John McEn-
‘roe sees Nadal as the greatest
new talent since Boris Becker
‘burst on the scene to win Wim-
bledon at 17 in 1985.
__ “To play the semifinal against
the No 1 is unbelievable for me,
no?” Nadal said.
. More than just a baseline
basher, Nadal has shown cre-
ativity with drops, lobs and
reflex volleys.
. His last loss came when Fed-
‘erer rallied from two sets down
to beat him in the final on a
hard court in Key Biscayne two
‘months ago.

“J think I’ve learned very

much how to play him,” Feder-
er said. “In the beginning I did-
n’t really play very well at all,
and he took advantage of that,
totally. So I had to fight my way
back. I came through, and in
the end I felt the fitter player.
He looked extremely tired in
the fifth, and that kind of sur-
prised me.

“Now, we’re on clay. Rallies
can be even tougher. But I
thought (Key Biscayne) was a
tough match. I think we can
expect the same — not that we’re
going to play five sets again, but
tough rallies and hard hitting."

Federer, 46-2 with six titles
this year, plays a more elegant
game than Nadal and is showing
that he can win as easily on clay
as he has on other surfaces. He
has won 11 straight matches and
28 straight sets on clay from ¥
Hamburg to here. More than
last year, when he won the Aus-
tralian, a second Wimbledon .
and the US Open, he now
exudes an air of sovereignty
over the men's game.

“T said from the start, I don't
think my draw is extremely
tough,” Federer said. “Because
I don’t fear no players, but I.
respect them all. For me, it's
ee I haven't lost any
energy.’

Vulnerable

Despite winning in straight
sets against the 6ft 6in Hanescu,
Federer showed he could be
vulnerable in long rallies. The
Romanian, who lacked a big
serve and was averse to attack-
ing the net, succeeded most
often when he pummelled the
ball deep and waited for the
more aggressive Federer to
make mistakes. Federer had
more unforced errors — 36-26 —
but he also had far more win-
ners — 56-17.

“Strangely, Federer double-
faulted three times in a row
when he was serving for the
match at 5-1 in the last set.

““It was an awkward
moment,” he said. “Hasn't hap-
pened to me in a long, long
time, to serve so bad closing out
the match.

“I was too much in my zone. I
just wanted to get it over and
done with too quick. I was so
happy the way I was playing,
and making my first semi-finals
appearance, I got a little overex-
cited there.”

—_—



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WEDNESDAY, JUNE 1, 2005

SECTION



Fax: (242) 3 328- 2398

E-Mail: sports@100jamz.com

ORTS



MIAMI HERALD SPORTS







NOTA aT
Fesior through
Osemifinals

@ RENALDO DORSETT

Junior Sports Reporter

BAHAMIAN, Mark

_ Knowles and his teammate,

Canadian Daniel Nestor,
advanced to the Men's
Doubles semifinals of the
’ French Open at Roland
Garros Stadium in Paris,
France yesterday.

The tournament's number

one seeded team defeated
twelfth seeded Martin,:

Damm of the Czech Repub-.

lic and Mariano Hood of

Argentina in four sets: 7-6,

(7-2),.3-6, and 6-1.
Event

The duo has reached the ©

French Open final twice

a




=Copyrighted| Material

Syndicated Content

ila
Available from Commercial News Providers”



before, only to fall short of
winning the prestigious
grand slam event, finishing
as runners up in 1998 and
2002.

Knowles and Nestor look
to rebound from a disap-
pointing opening round loss

in the U.S. Open earlier
this year.

They are the ATP tour's.

third ranked team behind’

top ranked Bob Bryan ad

Mike Bryan and second

ranked Wayne Black and -

Kevin Ullyett.

Knowles and Nestor have

an opportunity to rest for
the semifinals which are
scheduled for Thursday.

(AP FILE Photo)



Bahamian boxing side revealed for

this

@ By KELSIE JOHNSON
Junior Sports Reporter

A 15 MEMBER squad will
battle for the top titles in this
year’s Caribbean Amateur
Boxing Association (CABA)
championships.

The Bahamas Boxing Fed-
eration (BBF) yesterday
revealed the 15 names of the
team set to take part June

17th-24th, in St Thomas, Vir-- ~

gin Islands.

The CABA championships,
which usually has a Easter
slating, was postponed after
the Cayman Islands relin-
quished their right to host the
games..

Cayman Islands were forced
to waiver due to massive hur-



Fifteen set to compete in

St Thomas, Virgin Islands



ricane damage suffered dur-
ing last year’s season.

The Bahamas, the defend-
ing champions, are set to con-
tend the titles in all divisions,
using the lay off as a prepara-
tional period.

Wellington Miller, BBF
president, said: “We were dis-
appointed when the games
were postponed, but it all
worked in our favour as time

|

went on.

“We were able to put on
quality trials for the games,
selecting the strongest team.
We believe we have a strong
team, especially the senior
division.

“This division is the
strongest, these are boxers
who’ve been to the champi-
onships year after year win-
ning medals and other titles.”

Fighting out of the senior
division are James McKenzie,
Keishano Major, Taureano
Johnson and Shamaalye
Lightbourne.

Both Johnson and Major
are gold medallists from
previous games, with Johnson
winning the most outstanding
boxer award and Major
the best boxer in his
division.

Johnson is expected to lead
the divisional team, because
of his experience and training
in Cuba.

The Bahamas will field a full
team in the seniors division,
under 20 division and the
cadets division.

Impact

However, Miller believes
that the junior team will also
make an impact at the games,
saying that half of the boxers
competing under that bracket
have sparred with the senior
boxers.

“We are expecting big
things from our junior box-
ers,” confirmed Miller. “We
should come back with at least

year’s CABA championships

three to four medals from this
group. ,

“All of the boxers are train-
ing hard, they are confident
and ready to go. We don’t
know too much about the
cadets division, this will be the
first time we will be competing
in this division.”

~ So far, Johnson is the only

boxer to see international
competition.

Johnson competed in the
Giraldo Cordova Cardin box-
ing tournament, a champi-
onship held in Cuba, April
26th-28th where was defeat-
ed by Cuba’s Yuddel Johnson
on a judges’ decision.

The team is expected to
leave for competition on June
16ch. 7

(




EXHIBITIONS © MUS

WEDNESDAY, JUNE 1, 2005



‘Wide Angle’ film series
looks at the bigger picture

@ By JANICE MATHER

SCHOOL may be out for the
summer but classes are in for
critical film fans hungry for
something more substantial
than the latest fluffy Hollywood
‘flick. Now, every other Thurs-
day, Bahamians can watch issue

oriented films — for free — then.

stick around for a forum where
audience members share their
views.

“You can not only see (a
movie), you can talk about it;



“We don’t want the film experience to be an
isolated experience, you don’t just go in, see it,
and go home — we give you a chance to reflect
and it becomes more of an educational process.”



Erica James, curator for the National Art Gallery

the film series, entitled “Wide
Angle”.
“We don’t want the film

which, in collaboration with the ©
College of the Bahamas’ School
of English Studies, is hosting

it’s not an isolated experience,”
explains Erica James, curator
for the National. Art Gallery,

experience to be an isolated
experience, you don’t just go in,
see it, and go home - we give
you a chance to reflect and it
becomes more of an education-
al process,” Ms James said last
Thursday, when “Wide Angle”
made its debut.

“Right now, in the audience I
see a historian, I see an actor, I
see artists, I see different groups
of people. So the information
that you need might be in the
person next to you.”

Wide Angle’s organisers hope

Artists recurring



- themes reflect.

the Caribbean

@ By JANICE MATHER

CHRISTOPHER Cozier’s work is demanding.
Not only do you have to look at it, you have to
really look at it - up extra close, eyes squinted to
decipher often tiny, sometimes illegible state-
ments scrawled vertically, horizontally, and curved
around images of the colonial and postcolonial
Caribbean.

Although the artist and writer is Trinidadian, he
has no problem speaking to other audiences; in
April, he visited Nassau as the first featured
speaker at the National Art Gallery’s “Artist and
Critic” series. And, as Jay Koment, owner of
New Providence Art and Axiiques, points out,
many of Cozier’s recurring themes — estate, the
concept of paradise, a colonial history — are com-
mon throughout the Caribbean.

Trapped

A numerically small but informationally dense
exhibition of Cozier’s work is on display at New
Providence Art and Antiques on Bank Lane until
June 17. In it, Cozier explores nakedness, feeling
trapped, being measured, and other frustrations
common to the contemporary Caribbean experi-
ence.

In “Baggage”, a written artist’s statement, Cozi-
er says: “As an artist, one often feels like one is
also standing at an intersection with a sign and
you keep re-writing and re-arranging its message
wondering if it is being understood and engaged...
On the day I was driving to the airport from Port
of Spain, a man walked past me, with nothing

more than a burlap bag around his waist and a:
sign saying ‘in time to come we will all live as’

799

one’.

In his print “Maintaining Balance”, male figures
attempt to balance symbolically colonial i images —
a decidedly non-masculine china teacup, an old
school blackboard. Behind these are tucked part
of another Cozier image; a man naked but for a
placard, which reads, “I have decided that I must
go on without your help or permission”. ’.

On a print of the ever-familiar tropical palm
tree, he writes, “every time I see one of them
trees I start to feel stress... stress related to the
dreadful smallness and voidness of this damn
place. The word ‘estate’ and all its nasty meanings
come up.” And on another print featuring the

That experience may be common throughout
the Caribbean, but, interestingly, the show
explores these concerns from a particularly male
point of view. While some statements, like “I am
always wondering about the shape of my voice”,
written on his print “Sound System” are widely
applicable, it is a Caribbean male figure that is
repeatedly shown stripped naked, subject to mea-
surement with a ruler — and a specifically male fig-

ure that is engaged with struggling to maintain a:

balance.

The exhibition features three large prints and
two sets of four smaller prints, but, like the recur-
ring palm, several images and ideas are repeatedly
explored. There’s the theme of running — evi-
dent in stamps of the runaway slave and the on-
the-run modern Caribbean man — and the concept
of estate, seen through another stamp of a top-

‘ABOVE LEFT: About Balance
1 ABOVE: Intersection

hat-clad, cane-carrying plantation owner. The
recurring black male figure is, as in “Maintaining |

Balance”, sometimes directly beneath something,
but at other times, as in “Sound System”, simply
appears to be under a heavy weight, burdened
somehow. In his artist’s statement, Cozier com-
ments on witnessing South Africans bustling
about carrying loads, or those in his home toting
children on their backs or objects on their head.

Metaphor

“T had been working with 19th century engrav-
ings of escaped slaves, with their bundles going
North, as a metaphor for the migrations of
Caribbean people,” he writes. “It was part of my
visual vocabulary; the baggage I had brought. To
carry these large bundles/burdens one had to
master the art of balance and of composure so as
not to injure oneself or to lose or damage the
contents of the bundle. For me, it became a sym-
bol of my own condition, growing up in a Post-
colonial space and about how the very thing with
which one struggles/negotiates is also that which
has provided sustenance and that one continues to
carry.”



a film forum will attract a dif-
ferent crowd to the gallery, fill a

need for thought-provoking

films, and provide a space
where Bahamians can confront
and discuss issues from mas-
culinity to human rights, glob-
alization to genocide.

Most of the seats provided
were filled at the first show,
which featured “Life and
Debt”, a documentary based on
Jamaica Kincaid’s nonfiction
text “A Small Place”. Directed
by Stephanie Black, “Life and
Debt” examines the experiences
of struggling or now-defunct
local agricultural, dairy, and ~
meat farmers affected by the
International Monetary Fund,
and women working in Free
Trade Zones where, employed
by American corporations, they
earn legal minimum wages of
$30 weekly.

Poverty

Interspersed with interviews
with former Jamaican president
Michael Manley, and with an
IMF official. The poverty of
everyday Jamaicans is heavily
and ironically contrasted with
a charmingly fake paradise
product of smiles, tasty cuisine
imported from Miami, and days
spent by. the pool engaged in
beer-drinking contests and crab
races.

Through June, July and
August, more films ‘delving into
tough but timely topics will be

‘shown every other Thursday,

starting at 7.30pm, each fol-
lowed by a discussion forum led
by representatives from acade-
mia, Amnesty International, the
art world, and other arenas.

Upcoming films include
“Maria Full of Grace”, “The
Agronomist”, “Lumumba”,
“Tough Guise”, “Dirty, Pretty
Things” and “Hotel Rwanda”.

Although the films aren’t
specifically Bahamian, they
open the door for discussion of
issues that are all too familiar
here.

After last week’s screening

\of “Life and Debt”, audience

members shared views on the
CSME, FTAA, and the present
and past state of local farming.
And, as Dr Ian Strachan, chair
of COB’s School of English
Studies, points out, the films
provide an opportunity to look
not only at big issues, but at a
bigger global picture.

Opinions

Since films both inform and
tell individual human stories,
says Dr Strachan, they can
provide people with more infor-
mation on which to form their
opinions, and, through stories,
to form those opinions
with greater empathy and rea-
son.

“The issues that face the
Bahamian society like global-
ization, like immigration, like
crime, like governance, these
issues seem to be so much ruled
by emotionalism and there’s
very little reasoned discussion,
and the voices usually come
from established sectors as
opposed to allowing minority
points of view to be expressed
or giving time for more rea-
soned explanations.of issues,”
he says.

“We look at film just as enter-
tainment here in our society,
and yet it’s a very powerful art
form that can in fact engage us
about issues that really can
affect our belief system and our
received values and ideas, and
can challenge power, even, and
inspire us to work towards a
more egalitarian society. Wide
Angle just means looking at the
bigger picture, looking at the
world in which we live, real
issues.”
TM t eM wee ee

PAGE 2C, WEDNESDAY, JUNE 1, 2005

THE TRIBUNE





THE ARTS

@ Bahamian artist and
blacksmith Tyrone Ferguson
will introduce the basic prin-
ciples of welding and shaping
metal during a National Art
Gallery of the Bahamas
Youth Workshop on Satur-
day, June 4 and June 11. Par-
ticipants in the Metal Work-
shop will assist in the con-
struction of a metal door that
will be installed at the gallery.

This workshop will be held
at NAGB, West and West Hill
Sts and is for children
between the ages of 10 and
18. It will run from 10am-1pm
each Saturday. Cost: $5 (mem-
bers) and $8 (non-members).

Call 328-5800 to reserve a
space for your child.

@ Maria Full of Grace will
be screened on Thursday,
June 9, 7.45pm at the Nation-
al Art Gallery of the
Bahamas, West and West Hill
Sts. Maria is a Colombian

teenager who, for a large pay- -

cheque, agrees to be a mule
for drug runners. She has to

_ swallow dozens of thumb-
sized capsules of heroin and.

smuggle them into New York,
but not everything goes as
planned.

Discussants following the
screening will be Tamico
Gilbert of Amnesty Interna-
tional and Jessica Minnis of
the College of the Bahamas.

Admission is free. Refresh--

ments will be on sale. The
film is not appropriate for chil-
dren.

Maria Full of Grace is part
of the Wide Angle cinema
programme by the National
Art Gallery of the Bahamas
in collaboration with the
School of English Studies.

@ Christopher Cozier, an
exhibition of drawings and a
series of prints runs until June
17 @ New Providence Art &
Antiques, Bank Lane. Time:
llam - 5pm. Christopher
Cozier is an artist and writer
living in. Trinidad. Hi
explores the'ambitions, hopes
and:



' 13 and Tuesday, June 14, 6pm-

. journey through the history of






contradictions » of.

Caribbean society in the post-
colonial era. Cozier’s work has
consisted of multimedia pro-
jects involving sound, video,
live performances and instal-
lations, including drawings,
constructions and appropriat-
ed objects. For more informa-
tion call 328-7916 or visit
www.npartantiques.com

@ Bahamian artist Holly
Parotti (pictured) will conduct’
a medium specialist workshop
in etching on Monday, June

9pm at Room T-24, The Col-
lege of the Bahamas.

The workshop is part of the
National Art Gallery of the
Bahamas public programming
schedule and is geared
towards practicing artists and
those with a keen interest in
art making.

This series is designed to
provide an in-depth, hands-on
experience in a specific

media or process of art pro-
duction.

Call 328-5800 to reserve a
space. $35 non-members, $25
members.

@ LeRoy Clarke, interna-
tionally renowned artist of
Trinidad, is the upcoming fea-
tured “Artist and Critic” in
the National Art Gallery of
the Bahamas’ special series.
Clarke, a teacher and self-
taught artists, will talk about
his work at the NAGB on
June 21, 7.30pm and will meet
privately with local artists in-
studio on Tuesday, June 21
and Wednesday, June 22.
Please call the NAGB at 328-
5800/1 for more information.

@ The National Collection
@ the National Art Gallery of
the Bahamas, an exhibition
that takes the viewer on a



tary officer stationed at Fort
Charlotte in the 1850s,

The works show a pre-mod-
ern Bahamas through the
decidedly British medium of
watercolour.

“. Gallery hours, ‘Tuesday-Sat-
~urday; ‘Itam- -4pm. Call 328-
5800 to book tours. «

of the NAGB’s Collector’s
Series. Gallery hours, Tues-
day-Saturday, 1lam-4pm. Call
328-5800 to book tours.

tion of Orjan and Amanda
Lindroth @ the National Art
Gallery of the Bahamas.

The mid-nineteenth century
paintings that make up the
exhibition are part of one of
the earliest suites of paintings
of Nassau and its environs.

Tupper was a British mili-

Tuesday-Saturday, 1lam-4pm.
Call 328-5800 to book tours.
fine art in the Bahamas.

It features signature pieces
from the national collection,
including recent acquisitions. .
by Blue fae AHTORIES

M@ Past, Present and Per-
sonal: The Dawn Davies Col-
Jection @ the Natignal Art
Gallery, of the Bahazas, Villa
Doyle; West andWest Hill
“Streets. The exhibition is part’

@ The Awakening Land-..
scape: The Nassau Water-
colours of Gaspard Le Marc-
hand Tupper, from the collec-






“Copyrighted Material
Syndicated Content

Available from Commercial New S Providers



‘Juin-Octobre 1985

fe

hes record $2.31m
THE TRIBUNE

WEDNESDAY, JUNE |,

ZUUDS, FAULK vu



THE ARTS

a ee
Evening of classical music offers
a different experience of Haiti

WHATEVER faith a man may
cling to, or whatever philosophy he
may covet, he cannot reasonably
deny, as John Donne postulated
some 450 years ago, that “no man is
an island, entire of itself” and that
wherever we come from, or go and
whomever we meet and whatever we
do and say and hear, mankind is not
an aggregation of separate popula-
tions but a single species issuing from
a much greater, if subtle, source.
Even though Donne was meditating
on misfortune his philosophy applies
to every other aspect of our lives,
including our fortunes.

History

Haiti is or has been at various
times a land of war, poverty and dis-
ease and we may be inclined to think
that that is all there, which would,
of course, not be at all true. It is more
than voodoo, political oppression,
violence, illegal immigrants or shan-
ty towns. It also has a history of
accomplishment that somehow is
overlooked by some who would
rather turn a nose up at the unhap-

pier aspects it presents.

On Saturday, May 21, the Nassau
Music Society, under the patronage
of the Embassy of the Republic of
Haiti and Ambassador Louis Harold
Joseph, presented a recital of Haitian
classical music by baritone Jean
Ronald Lafond and pianist Liliane
Questel, at the ballroom of Govern-
ment House and an entirely different
experience of Haiti was to be had.
Here, we heard the works of various
Haitian 20th century composers who
mused on subjects as diverse as dai-
ly life, love, religion, childhood and
politics.

Not all of the composers were as
memorable as one would have liked,
but then the same holds true for
countless European composers who
were contemporaries of the Greats
but whose names and works are
known to only the most interested
and erudite (and possibly pedantic)



of aficionados. Most memorable
were the four songs of Carmen
Brouard titled Reflets d’dme or
“Reflections of the soul” which were
somewhat dark and provocative in
character and deceptively and tight-
ly constructed.

Origins

Of note, too, were the Trois rondes
haitiennes by Férére Laguerre which
has its origins in the verses and songs
of children at play. They were
delightfully and seamlessly inter-
preted by the artists. Werner
Jaegerhuber, a Haitian of German
descent, was represented by his Trois

chansons Vaudouesges.
If one were to criticise the pro-

gramme, one might say that, with the .
exception of Brouard, few of the:

composers ventured into neo-classi-

cism but were rooted in the expres- .



Hi MR JEAN-RONALD LAFOND

sive and romantic styles of the 19th
century. Rachmaninov was also crit-
icised for the same reason but it
appears that he has passed the criti-
cal test of time.

Mr Jean-Ronald Lafond has a fine
tone and technique. Miss Liliane
Questel played with ease, sensibility
and discretion. The artists, Haitian
nationals both, worked well together.
One could not fault their perfor-
mance. It is tempting to theorise how
successful a people might be if the
example of this collaboration of two
people working in harmony to a
common goal were repeated on a
greater scale.

Composers

All Haitians ought to be proud of
the accomplishments of the com-
posers and artists alike and so, too,
ought it to be a source of pleasure for
the rest of us that there are Haitians
with talents and skills to share.

The music, sung in French and
Creole, and inspired.on subjects
familiar to every one of us, translat-
ed very easily and fluidly on a
Bahamian stage.

Once again, music, oft touted as
the universal language, proves the
point that there is nothing that any of
us do not or cannot share.

NAGB launches 2005

ummer youth programmes

IN AN ongoing effort to
expose children and young peo-
ple to various forms of art mak-
ing, this summer the National
Art Gallery of the Bahamas is
expanding its hands on work-
shops to include not only one-
day art sessions but a special
programme called the Play
Ground Project and a summer
camp. geared towards alterna-
tive photography methods.

The summer programme will

begin this Saturday, June 4 with’

a Metal Workshop by
renowned Bahamian artist and
blacksmith Tyrone Ferguson.
This session will be followed by
a Kite-Making workshop and a
special session on Caricatures
and Comic Book Art, later in
the summer.

The Play Ground Project will

_ occur on three consecutive Sat-
urdays beginning June 25 and
will be led by the NAGB’s edu-
cation officer, John Cox.

It will provide an opportunity
for small groups of students
and/or professional artists to
collaborate on site-specific
installations on the NAGB
grounds.

This first installation will be
done following the style of con-
temporary Korean artist Do-

_Ho Suh.

The Summer Art Camp in
Alternative Photography will
run everyday from July 18
through July 30 at the National
Art Gallery. Blue Curry and
Heino Schmid, both profes-
sional photographers and rising
artists on the Bahamian con-
temporary art scene will super-
vise the camp. This course is
designed to engage interested
students in the visual and aes-
thetic possibilities of photogra-
phy as an art and alternative
photography as an accessible

. medium.

Students will be introduced
to the history of photography.
They will learn how to build
cameras, principles of photo-
graphic composition, correct
darkroom procedures and film
development and alternative
photography techniques that
allow images to be developed
on all types of surfaces and
objects, and produces images
with very particular character-
istics.

For more information on
these sessions contact the
National Art Gallery at
328.5800.

Summer Youth Programmes

@ METALWORK
Date: Saturday, June 4 and
Saturday, June 11
Time: 10-ipm
Description: Revowneddi artist
and blacksmith Tyrone Fergu-
_ son will introduce participants
to the basic principles of weld-
‘ing and shaping mental as an
art process. Participants will
then assist Mr Ferguson in the
construction of a metal door
that will be both artistic and

a ALTERNATIVE PHOTOGRAPHY (above), Kite-Making (right) and The Play-Ground

Project (below right) are just some of the programmes available.

functional. Once completed the
door will be permanently
installed for use at the National
Art Gallery.

Instructor: Tyrone Ferguson

Age: 10-18 years

Fee: $5 members and $8 non-
members



# KITE-MAKING

Date: Saturday June 18

Time: 10-1pm

Description: On this Father’s
Day Weekend, the Gallery is
providing the perfect opportu-
nity for fathers to accompany
their children in an awesome
activity. Learn the fundamen-
tals of making kites and make
your own under the tutelage of
David 'Weech.

Instructor: David Weech

Age: 8 +

Fee: $5.members and $8 non-
members

@ CARICATURES AND

COMIC BOOK ART

Date: Saturday, August 6

Time: 10am-1pm

Description: Ever wondered
how Sideburns, Sip Sip and
John Lodi create their images?
Have you been fascinated by
comic book art and tried to
make your own comic strip or
book? If so, come out to this
wonderful workshop that will
educate and entertain you all
the while teaching the basics of
cartooning.

Instructors: Steven Burrows
and Jolyon Smith

Age: 10-18 years

Fee: $5 members and $8 non-
members

@ ALTERNATIVE
PHOTOGRAPHY
Instructors: Heino Schmid
and Blue Curry
Dates: July 18-30
Time: 9.30am-2pm (some
days are full work days and will
run from 9am-Spm)

Location: NAGB

Age: 12+

Fee: $80 members/$100 non-
members

Description: This course is
designed to engage interested
students in the visual and aes-
thetic possibilities of photogra-
phy as an art and alternative
photography as an accessible

medium.

Students will be introduced
to the history of photography.
They will learn how to build
cameras, principles of photo-
graphic composition, correct
darkroom procedures and film
development and alternative
photography techniques that
allow images to be developed
on all types of surfaces and
objects, and produces images
with very particular character-
istics.

Syllabus available upon
request.

B THE PLAY-GROUND

PROJECT

Instructor: John Cox

Date: Saturday, June 25, July
2 and July 9

Time: 10am-2pm

Location: NAGB

Instructor: John Cox

Age: 14+

Fee: $20 Members/$30 Non-



Members (includes three ses-

sions) |
Description:

Ground project is an opportu-
nity for small groups of students
and or professional artists to
collaborate on site-specific
installations on the NAGB
grounds. They are formulated

The Play:

as group collaborations under
the direction of a member of
the gallery’s staff.

Our first installation will be
done in the style of contempo-

honoring

Ton



rary Korean artist Do-Ho Suh,
“best known for his intricate
sculptures that defy conven-
tional notions of scale. and site-
specificity”.



Ticks

“The. Obeah tan”

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THE TRIBUNE

WEDNESDAY, JUNE 1, 2005, PAGE 5C






_ Parties, Nightclubs
& Restaurants



Phat Groove Comedy All-Stars Tour @ the Wyndham
Rain Forest Theatre. Hosted by comedian Rob Staple-
ton. Featured acts: Lady Roz G, A G White and John
Lassiter. Tickets: $25, can be purchased at The Juke
Box, Mall at Marathon; Let’s Talk Wireless, Harrold Rd,
Marathon Road; Cell City, Rosetta Street; and Alpha
Sounds, East Street & Ross Corner. VIP card holders:
$15 in advance. For more information call 426-3822.
Doors open @ 8pm, show starts at 9pm sharp.

Wild Jungle, each and every Wednesday night @ Club
Trappers, Nassau’s “upscale” gentleman’s club. Fea-
turing a female body painting extravaganza. Free body
painting @ 8 pm. Ladies always welcome. Admission:
Men free before 10 pm. Females free. There’ will be
free food and hors d'oeuvres between 9 and 10 pm.
Open until 4 am.

Exotic Saturdays @ Fridays Soon Come starts with 3 for
$10 drink specials. Admission: $10 before mney and
$15 after. Ladies free before 11pm.

Rave Saturdays @ Club Eclipse. DJ Scoobz spinning
the best in Old Skool. Admission $35, all inclusive food
and drink.

Fever @ Bahama Boom, Elizabeth St, downtown, every
Friday night. Admission $10 before midnight. First 50
women get free champagne. First 50 men get a free
Greycliff cigar. Dress to impress. For VIP reservations
. call 356-4612.

Cool Runnings is back with a Conscious Party @ Hard
Rock Cafe, Charlotte St North every Friday. Classic
reggae style music. Admission $10.

Mellow Moods every-Sunday @ Fluid:Lounge:and::::=â„¢

Nightclub, Bay St, featuring hits from yesterday = old
school reggae and rockers downstairs, and golden oldies
upstairs. Admission: Free. Doors open 9pm.

Karaoke Music Mondaze @ Topshotters Sports Bar.
Drink specials all night long, including karaoke warm-
up drink to get you started. Party from 8pm-until.

Karaoke Nights @ Fluid Lounge and Nightclub. Begins
10pm every Tuesday. Weekly winners selected as Vocal-
ist of the Week — $250 cash prize. Winner selected at end
of month from finalists - cash prize $1,000. Admission
$10 with one free drink.

Reggae Tuesdays @ Bahama Boom. Cover charge
includes a free Guinness and there should be lots of
prizes and surprises. Admission: Ladies $10 and Men
$15.

Hump Day Happy Hour @ Topshotters Sports Bar
every Wednesday Spm-8pm. Free appetizers and numer-
ous drink specials.,

Flash Nights @ Club Fluid every Thursday. The ultimate
Ladies Night. Join Nassau’s and Miami Beach’s finest
men. Ladies only before 11.30pm with free champagne.
Guys allowed after 11.30pm with $20 cover.

The Pit @ Bahama Boom, every Thursday. Doors open
at 9pm, showtime 11.30pm. Cover charge $15. $10 with
flyer.

Fantasy Fridays @ Fluid Lounge, featuring late ‘80s
music in the VIP Lounge, Top of the Charts in the Main
Lounge, neon lights and Go Go dancers. Glow sticks for
all in before midnight. Admission: Ladies free before
11pm, $15 after; Guys $20 all night.

Dicky Mo’s @ Cable Beach. Happy Hour every Friday
- 3 for $10 mixed drinks and $1 shots. Bahamian Night
(Free admission) every Saturday with live music from 8
pm to midnight. Karaoke Sundays from 8 pm to mid-
night, $1 shots and dinner specials all night long.

Twisted Boodah Lounge @ Cafe Segafredo, Charlotte St
kicks off Fridays at 6pm with deep house to hard house
music, featuring CraigBOO, Unkle Funky and Swor-
Pwide on the decks.

* Chill Out Sundays @ Coco Loco, Sandyport, from 4pm-
until, playing deep, funky chill moods with world beats.

Sweet Sunday Chill Out Soiree Lounge, every Sunday,





ARO UN D

NASSAU

Comedy All-Stars Tour

t’s time for laughs once again, as Phat
Groove Entertainment presents this year’s
Comedy All-Stars Tour. The comedy show is
set to take place at the Wyndham Rain For-
. est Theatre, and will be hosted by interna-
tional funny man, Rob Stapleton.

The show will feature performances by comedians,
Lady Roz G., A G White and John Lassiter. (Lady
Roz G will headline the show.)

Rosalyne Gholston, also known as Big Roz, Roz G
or Lady Roz G, is said to be one of the funniest up-
and-coming female comedians in the US.

Though her name may not be widely known, Roz G
is no stranger to large audiences. She has more than 10

4pm-midnight @ Patio Grille, British Colonial Hotel.

Wet Sundays, every Sunday, noon-midnight @ Crystal
Cay Beach. Admission $10, ladies free.

Carib Scene @ Club Fluid every Sunday. A night of
Caribbean, Latin and Reggae flavours for all audiences.
Latin Flair in the VIP Lounge; Old School Reggae and
‘Soca in the Main Lounge. Ladies in free before 11pm.
$10 after 11pm. Men, $15 cover charge.

TooLooSe @ Indigo Restaurant on West Bay St and
Skyline Drive. Singer/songwriter Steven Holden per-
forms solo with special guests on Thursday from 9pm -
midnight.

The Graham Holden Deal @ The Green Parrot....David
Graham, Steve Holden, Tim Deal and Friends perform
Sunday, 7pm - 10pm @ Hurricane Hole on Paradise
Island. 3

Jay Mitchell and Hot KC @ Palm Court Lounge, British
Colonial Hilton, Wednesday-Thursday 8pm-12am. ~

Sunday Night Interlude @ Briteley’s Restaurant &
Lounge, Eneas St off Poinciana Drive. Featuring Frankie
Victory at the key board in the After Dark Room every
Sunday, 8.30pm to midnight. Fine food and drinks.

Paul Hanna, Tabatha and Gernie, and the Caribbean
Express perform at Traveller’s Best West Bay St, every
Sunday, 6.30pm-9.30pm.

The Arts

Bahamian artist and blacksmith Tyrone Ferguson
will introduce the basic principles of welding and shap-
ing metal during a National Art Gallery of the Bahamas
‘Youth Workshop on Saturday, June 4 and June 11. Par-
ticipants in the Metal Workshop will assist in the con-
struction of a metal door that will be installed at the
gallery.

This workshop will be held at NAGB, West and West
Hill Sts and is for children between the ages of 10 and
18. It will run from 10am-1pm each Saturday. Cost: $5
(members) and $8 (non-members).

Call 328-5800 to reserve a space for your child.

Maria Full of Grace will be screened on Thursday,
June 9, 7.45pm at the National Art Gallery of the
Bahamas, West and West Hill Sts. Maria is a Colombian
teenager who, for a large paycheque, agrees to be a





years experience as a motivational speaker on 12-
Step programmes and women’s issues, across the Unit-
ed States.

She has also opened for well-known personalities
like Jamie Foxx, Mike Epps, Cedric the Entertainer,
Broman, Glénn Lewis, Tank, Blue Magic, DMX, Brett
Butler, Sommore, A.J. Johnson and Tracy Morgan.

Tickets for tomorrow's show can be purchased at ,
The Juke Box, Mall at Marathon; Let’s Talk Wireless,
Harrold Rd, Marathon Rd; Cell City, Rosetta St; and
Alpha Sounds, East St & Ross Corner. Admission: $25;
VIP card holders $15 in advance. For more informa-
tion call 426-3822. Doors open @ 8pm, show starts at
9pm sharp.



mule for drug runners. She has to swallow dozens of
thumb-sized capsules of heroin and smuggle them into
New York, but not everything goes as planned.

Discussants following the screening will be Tamico
Gilbert of Amnesty International and Jessica Minnis
of the College of the Bahamas. Admission is free.
Refreshments will be on sale. The film is not appro-
priate for children.

Maria Full of Grace is part of the Wide Angle cinema

programme by the National Art Gallery of the Bahamas

in collaboration with the School of English Studies.

Christopher Cozier, an exhibition of drawings and a

- series of prints runs until June 17 @ New Providence Art

& Antiques, Bank Lane, 11am - Spm. Christopher Cozi-
er.is an artist and writer living and working in Trinidad.
His work, which explores the ambitions, hopes and con-
tradictions of Caribbean society in the post-colonial
era, has been exhibited in museums and galleries world-
wide. His work has over the years, consisted of multi-
media projects, involving sound, video, live perfor-
mances and installations, including drawings, construc-
tions and appropriated objects. For more information
call 328-7916 or log on to www.npartantiques.com

The National Collection @ the National Art Gallery of
the Bahamas, an exhibition that takes the viewer on a
journey through the history of fine art in the Bahamas.
It features signature pieces from the national collec-
tion, including recent acquisitions by Blue Curry, Anto-
nius Roberts and Dionne Benjamin-Smith. Gallery
hours, Tuesday-Saturday, 1lam-4pm. Call 328-5800 to
book tours.

Past, Present and Personal: The Dawn Davies Collection
@ the National Art Gallery of the Bahamas, Villa Doyle,
West and West Hill Streets. The exhibition is part of the
NAGB’s Collector’s Series. Gallery hours, Tuesday-
Saturday, 1lam-4pm. Call 328-5800 to book tours.

The Awakening Landscape: The Nassau Watercolours
of Gaspard Le Marchand Tupper, from the collection of
Orxjan and Amanda Lindroth @ the National Art Gallery
of the Bahamas. The mid-nineteenth century paintings
that make up the exhibition are part of one of the earliest
suites of paintings of Nassau and its environs.

Tupper was a British military officer stationed at Fort
Charlotte in the 1850s. The works show a pre-modern
Bahamas through the decidely British medium of water-
colour. Gallery hours, Tuesday-Saturday, 1lam-4pm.
Call 328-5800 to book tours.

Health

Yoga: Stretch, Breathe, Relax, for Body...Mind...Spirit,



yoga classes for all levels will be conducted by Mar-
garet Evans, registered yoga teacher.

e- Tuesdays & Thursdays: May 24 through June 30 (six
weeks) from 6pm - 7:30pm. Cost: $120.

¢ Saturdays: May 28 through July 2 (five weeks) from
10am- 11:30 am. Cost: $50. There will be no class June 4.
Sessions will be held at the Trinity Methodist Church
Parking Lot (air-conditioned). Wear loose comfortable
clothing, bring a yoga or exercise mat, and a towel. Call
394-2121 or 477-3903, for more information.

The Cancer Society of the Bahamas meets at 5.30pm on
the second Tuesday of each month at their Headquarters
at East Terrace, Centreville. Call 323-4482 for more
info. ©

MS (Multiple Sclerosis) Bahamas meets the third Mon-
day every month, 6pm @ Doctors Hospital conference
room.

The Bahamas Diabetic Association meets every third
Saturday, 2.30pm (except August and December) @
the Nursing School, Grosvenor Close, Shirley Street.

Doctors Hospital, the official training centre of the

’ American Heart Association offers CPR classes certified

_.by the AHA. The course defines the warning signs of
respiratory arrest and gives prevention strategies to
avoid sudden death syndrome and the most common
serious injuries and choking that can occur in adults,
infants and children. CPR and First Aid classes are
offered every third Saturday of the month from 9am-
1pm. Contact a Doctors Hospital Community Training
Representative at 302-4732 for more information and
learn to save a life today.

REACH - Resources & Education for Autism and
related Challenges meets from 7pm — 9pm the second §
Thursday of each month in the cafeteria of the BEC fe
building, Blue, Hill Road...





Civie Clubs
Toastmasters Club 1095 meets Tuesday, 7:30pm @ C C
Sweeting Senior School's Dining Room, college Avenue
off Moss Road. Club 9477 meets Friday, 7pm @
Bahamas Baptist Community College Rm A19, Jean
St. Club 3956 meets Thursday, 7.30pm @ British Colonial
Hilton. Club 1600 meets Thursday, 8.30pm @ Super-
Clubs Breezes. Club 7178 meets Tuesday, 6pm @ The J
Whitney Pinder Building, Collins Ave. Club 2437 meets
every second, fourth and fifth Wednesday at the J Whit-
ney Pinder Building, Collins Ave at 6pm. Club 612315
meets Monday 6pm @ Wyndham Nassau Resort, Cable
Beach. Club 753494 meets every Wednesday, 6pm-8pm
in the Solomon’s Building, East-West Highway. All are
welcome.

Alpha Kappa Alpha Sorority, Eta Psi Omega chapter
meets every second Tuesday, 6.30pm @ the Eleuthera
Room in the Wyndham Nassau Resort, Cable Beach.

Alpha 'Phi Alpha Fraternity meets every first Tuesday,

7pm @ Gaylord’s Restaurant, Dowdeswell St. Please ff

call 502-4842/377-4589 for more info.

Kappa Alpha Psi Fraternity meets every second Tues-
day, 6.80pm @ Atlantic House, IBM Office, 4th floor
meeting room.

The Nassau, Bahamas Pan-Hellenic Council (NPHC)
meets every third Monday of the month in the Board
Room of the British Colonial Hilton Hotel, Bay St.

- Nassau Council 10415 Knights of Columbus meets the

‘second and fourth Wednesday of the month, 8pm @ St
Augustine’s Monestary.

' Nassau Bahamas Koinonia meets every second Friday of

each month, 7.30pm at Emmaus Centre at St Augustine’s
Monestary. For more info call 325-1947 after 4pm.

International Association of Administrative Profes-
sionals, Bahamas Chapter meets the third Thursday of
every month @ Superclubs Breezes, Cable Beach, 6pm.

AMISTAD, a Spanish club meets the third Friday of the
month at COB’s Tourism Training Centre at 7pm in
Room 144 during the academic year. The group pro-
motes the Spanish language and culture in the commu-
nity.

Send all your civic and social events te The Tribune
via fax: 328-2398 or e-mail: outthere@tribunemedia.net








PAGE 6C, WEDNESDAY, JUNE 1, 2005

THE TRIBUNE





‘Club Nsomnia will be

: @ By PETURA BURROWS

Tribune Feature Writer

hen Club
Nsomnia
went up in
flames early
Thursday
morning, so did the plans of
some Nassau music lovers who
were preparing for the Bounty
Killer concert, which was to be

’ held at that venue. The con-

cert was scheduled for Friday
night, (just one day after the
fire).

But organisers of that event
say that the fire was not the
“end of the world”.

“We will be back, and Club
Nsomnia will be back, better
than before,” says Chris Mor-
rison, president of World Beat
Music Group Inc, based in
Texas and Jamaica. The con-
cert is a collaborative effort
between his company, Fresh
Entertainment (World Beat’s
local sponsor), and Club Nsom-
nia.

Though there is no specific
date set, nor a specific venue,
Morrison, also known. as
“Blue”, assures the public that
the concert will go on as
planned — only this time it will
be “much bigger and much bet-
ter”.

Organisers plan to bring
Bounty Killer back during the
upcoming Independence week-
end.

“We are looking at the 8th,
9th or 10th of July,” says Mor-
rison. “We haven’t confirmed it
as yet, but they are definitely
coming. It’s gonna be Bounty
Killer this time with TOK. We
are gonna make it a little bigger
with a few other surprise
guests. But we are not reveal-
ing who they are just yet.”

Performed

Since Bounty Killer, other-
wise known as the Warlord, has
not performed in the Bahamas
for eight years, last Friday’s

- concert was expected to draw a

huge crowd of his eager and
loyal fans.

Said Morrison: “We were
expecting a massive turnout
last week, but this time (inde-
pendence weekend) we are
expecting even more people.
And I’m going to personally
speak to the artists and explain
what happened to them (the
club owners), and that we want

them to give a 100 per cent per-
formance just to make the fans
happy.” —
According to Morrison, the
artist and his entourage were
on their way to the airport in
Jamaica when they gut word
of the fire. The news apparent-
ly came as a shock to them.
“We haven’t spoken since
Thursday, after I gave them the
bad news, but everyone. was
sad. They couldn’t believe it,
basically,” Morrison says.
“My initial thoughts were,
‘oh my God’. A lot of planning
and preparation went down the
drain, but I felt it more for the
owners of the club, really. They
had more at stake than I did,”
he adds.
’ The general public was to
pay at the venue, but some
tickets were given away on
local radio stations. Morrison
says that these tickets will be
honoured at next month’s con-
cert.

Chatting

Bounty Killer was born Rod-
ney Price in the Kingston ghet-
to of Trenchtown on June 12,
1972. His father owned a small
sound system and he first tried
his hand at DJ chatting when
he was only nine years old.

A few years later — in his ear-
ly teens —- Bounty began per-
forming around Jamaica.

Working under the name,

Bounty Hunter at first, one of
his early tunes, “Dub Fi Dub”,
became a huge dancehall hit as
a sound system dubplate.
That’s when Bounty dropped
the “Hunter”, and added the
much fiercer “Killer” to his
name. And accordingly, his
lyrics took on a more con-
frontational tone.

Bounty had a breakout year
in 1992 with several major hit

. Singles, the biggest of which

were “Copper Shot” (also an
underground hit in New York)
and the anti-informant “Spy Fi
Die”. Many of these earlier sin-
gles appeared on Bounty
Killer’s debut album, Jamaica’s
Most Wanted, which was
released in 1993 and later
issued internationally under the
title Roots, Reality and Culture
(named after a socially con-
scious hit from 1994).

But as the Jamaican govern-
ment began to crack down on

violent lyrics in live perfor-

mances, Bounty Killer, like





@ By JANICE MATHER

re-run.

too few appearances.

Then there’s the human.

Madagascar

Voices of: Chris Rock,
Ben Stiller, David Schwimmer

and Jada Pinket-Smith

THE makers of Shrek really could have done better. I
don’t ask much from animations — a few good laughs, a good
storyline. For Madagascar, this was clearly too much to ask;
I’ve gleaned more amusement from a half-hour Nickelodeon

Meet Marty, a frilly-nosed zebra played by Chris Rock;
Alex, the disproportionately miniature lion, by Ben Stiller;
Melman the medication-addicted giraffe, by David Schwim-
mer; and Gloria, the glamorous but non-descript hippo, by
Jada Pinket-Smith. Together, this parade of characters pos-
sess the personality of a trough of cold oatmeal.

With the originality and charm of a straight-to-DVD car-
toon sequel, Madagascar has only three flaws: blah characters,

a boring storyline and stretches of mind-numbing “action”.

Interesting

The supporting characters of four James Bond-ish pen-
guins hell-bent on making an escape to Antarctica through

spoon-dug tunnels or a hijacked ship, and a pair of monkeys
that communicate through intelligent speech and sign lan-
guage, are more interesting than the stars, and, sadly, make far

Once the zoo crew make it to Madagascar, they predictably
encounter nincompoop native animals just waiting for intel-
ligent outsiders to come and solve their every problem. My
problem was that I wanted to get up and cartwheel down the
aisle just to stay awake. That would have beat the five minute
scene where Melman conducts his own funeral with Alex
and Gloria stupidly looking on, while Marty, the only one
actually enjoying this experience, careens in the background.

Madagascar didn’t amuse, but it did raise a question; which
audience is meant to appreciate the many drug-trip scenes? If.
Melman isn’t jonesing for his “prescription” pills, Alex is off
on an out-of-body experience. Aside from a tranquilizer gun-
enduced vision, his longings for meat repeatedly led to hal-
lucinations of dancing chops that happen to be his friends. As
one moviegoer said, “this moment is brought to you by LSD”.






































other artists, began to broaden
his'‘subject matter into “street-
wise” social commentary, most
notably on the drug-trade
chronicle “Down in the Ghet-
to”, which became the title
track of his next album
(released in early 1995).
Over the next year, he
enjoyed one of his hottest
streaks as a hitmaker in

' Jamaica, releasing one popu-

lar song after another: the
smash duet with Sanchez ,
“Searching”; the hip-hop-fla-
vored chart-topper, “Cellular
Phone”; “Smoke the Herb”;
the anti-censorship, “Not
Another Word”; his maternal
tributes, “Mama” and “Miss
Ivy Last Son”; “Action Speak
Louder Than Words”, “Book,
Book, Book”, and “No Argu-
ment”, (the last of which was
the title track of another
album).

But it was not until 1996 that

Bounty Killer released what .

some argue was his defining

statement, the 20-track double

album My Xperience. Featuring -

several past hits and a plethora
of new material, the album also
boasted guest spots by Ameri-

can hip-hop stars like the

Fugees, Raekwon, Busta
Rhymes and Jeru the Damaja,
as well as veteran reggae stars
like Barrington Levy and Den-
nis Brown. Its single “Hip-
Hopera” made the American
charts, reaching the Top 30 on
the R&B chart and ranking as
one of the best-selling reggae
albums of the year in the US.
Bounty Killer followed it with
the British release Ghetto
Gramma’ (as in grammar) in
1997.

Visited

This was around the same
time that Bounty would: have
visited the Bahamas.

Said Morrison: “Well first
off, we are gonna have a good
turnout because Bounty Killer

“has had.a lot of hits sites he’s -

been here last. I mean, when
he came here eight years ago
he wasn’t as popular as he is

now. He has been doing a lot of

things with the US-based artists
as well, so he has experience.

“He’s on par with Beenie
Man, in my estimation. And
the feedback I’ve gotten so far
from just being around Nassau
and handing out banners
myself, people are talking. It’s
like they can’t wait to see him.”

Killer’s breakout into the
American audience was well
accepted. In late 2001, he made
a guest appearance on No
Doubt’s hit, “Hey Baby”. He
also appeared in the video and
performed with the group dur-
ing the 2002 Super Bowl pre-
game show.

Inadvertently though, the

_ Video caused.some embarrass-

ment for the artist back in
Jamaica. Apparently, the
intensely homophobic dance-
hall community picked up on

back, better than before’

@ WHEN Club Nsomnia
(pictured) went up in
flames, so did the plans of
some Nassau music lovers.
who were preparing for a
concert featuring Bounty
Killer, which was to be
held at that venue.

(Photo by Mario
Duncanson/
Tribune Staff)



the fact that one of its night-
club scenes showed a nude
man, prompting his rivals to
attack.

Project |

But the Warlord bounced
back from the scrutiny and
returned with his next project,
a two-volume Ghetto Dictio-
nary set. Issued separately and
simultaneously in early 2002,
Ghetto Dictionary: The Art of
War and Ghetto Dictionary:
The Mystery, mixed mostly new
material with a few past sin-
gles, and held its ground in the
raw, hard-core dancehall style
that gave the artist his start.
Both sold well among reggae
audiences, and The Mystery
was later nominated for a
Grammy for Best Reggae
Album. Later in 2002, Bounty
Killer was featured on
“Guilty”, a single on hip-hop
producer Swizz Beatz’ solo
debut, GH.E.T.T.O.



Don’t miss Phat Grooves












wath

Comedy All-Stars Tour

@ By PETURA BURROWS
Tribune Feature Writer

THERE are few things more entertain-
ing and relaxing than letting loose a belly-
full of laughs, especially when it’s been an
entire year since a comedy show made you
laugh so hard.

Tomorrow night, comedy lovers will be
entertained once again at the Phat Grooves
Comedy All-Stars Tour, an annual event.
The comedy show is set to take place at the
Wyndham Rain Forest Theatre and will
be hosted by Rob Stapleton, international
comedian and star of the Roc a Fella film,
Death of a Dynasty.

“Well Phat Groove’s comedy shows are
pretty consistent, so people can expect the
same kind of excitement, fun (and) enter-

tainment that they always get from us,”
Levine Wilson (aka Big Lev), head of the
company, assured Tribune Entertainment.

This year’s tour brings comedians, Lady
Roz G , A G White and John Lassiter to
help Bahamians get their laugh on.

Lady Roz G will headline the show.

New Jersey-born Rosalyne’ Gholston,
also known as Big Roz, Roz G or Lady
Roz G, is said to be one of the funniest up-
and-coming comediennes in the US. With
comedic skills, a thunderous voice and a
voluptuous persona, audiences have no
other choice but to pay attention.

Though her name may not be widely

known, Roz G is no stranger to large audi-
ences. She has more than 10 years experi-
ence as a motivational speaker on 12-Step
programmes and women’s issues, across

V

the United States.

She has acted on and off Broadway for
more than seven years (Color Girls in
2000), is a member of the new tribe Blood-
line Records and is also featured in the
film, On the Hook.

As the opening act for personalities like
Jamie Foxx, Mike Epps, Cedric the Enter-
tainer, Broman, Glenn Lewis, Tank, Blue
Magic, DMX, Brett Butler, Sommore, A J
Johnson and Tracy Morgan, she has shared
the stage with many well-knowns.

“You-have Rob Stapleton coming back
and. you: know he’s a headliner. So you
have a headliner hosting the show, and he
is fresh off promoting his new movie so

__ See COMEDY, Page 7C
“THE TRIBUNE



@ NATHAN STONE performs at Hard Rock Cafe
Friday night during the official album launch.

(Photo by Mario Duncanson/Tribune Staff)

Album:
The Perfect
Gentleman

Artist:
Nathan Stone

An Ocean
Music Group
Production

lm By PETURA BURROWS
Tribune Feature Writer

ou’ve waited

for a long time

and it’s finally

here — Nathan

Stone’s album,
The Perfect Gentleman.

Now the question is, was it
worth the wait? Was it worth
all the hype? And was it worth
all that media attention?

Yes. Yes. And Yes.

From the opening of the
album, which begins with
body-rocking Shake it Mama,
followed by Just One Kiss,
which successfully keeps the
momentum going, you know
that the album has star-quali-
ty.
After a few solid dance hits,
Stone is able to switch to songs
that make the perfect love
tune, as he pours out emotions
that seem sincere — at least to
the ears. (But then again, you
can never really trust a perfect
gentleman).

And just as quickly as he
turns from fast to slow, the
album takes you on another



AG WHITE

HOT Rap Erte

RANK SONG Nai kod

rma tute

‘U Don’ t Know Me
Caney Sieg
Give Me That

or rane

RANK ALBUM
Album II UMRG
The Emancipation Of Mimi Mariah Carey
534 Memphis Bleek
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ne wiasecele: <= 20 Cont -

ARTIST

The First Lady
_. Lyfe 268-192

Goodies

Touch

Faith Evens

“Lyfe Jennings
ca nye

~ Amerie

RANK
Interscope

ji How We Do

‘TOP

RANK

4

A Papdits ey el

‘Be Blessed

Holy Ground .

WEDNESDAY, JUNE 1, 2005, PAGE 7C



wave, to quick-paced songs,
like Hit Me Up, featuring
American rap star David Ban-
ner.

But what’s interesting is that
Stone’s album manages to
change pace and emotion so
quickly without you getting
the feeling that the artist is all
over the place with his sound.
Though there are bits of rap-
ping and reggae chatting here
and there, the strong pop/love
sound doesn’t get lost.

The listener definitely gets a
taste of several musical styles.

Crafty.

Stone touches some emo-
tion with every track, even
down to the melodious and
simple Chance intro.

By the time you reach track
12 (the last), you realise that
there was never a dull
moment.

Maybe it’s his suave look -
that makes you want to listen
to what he sings from start to
finish. Maybe it’s just that you
like his style. But I think that
it’s the lyrics and the music
that keep your ears glued (all |
of those other things are just
added bonuses).

And just when you thought
that Stone would exit his
album quietly, he lays a bonus
track, the Shake It Mama Reg-
gae Remix.

So music lovers, in The Per- -
fect Gentleman, we have a win-
ner.






© The album is now avail-
able in stores. A DVD, with
an artist bio; the Shake It
Mama Video; and a Photo
Gallery accompanies the
music CD.

@ THE cover of Nathan Stone’s album,
The Perfect Gentleman.



















































mtn OW chiss)

oD SAM Z

S\O) NC iam
Footprints

overs And Friends
Hail The King

Naa

Pantan Mojah
Akon |
50 Cent

_ Tanya Stevens _
Sizzla

ava Ground ~



. The Game .

TEN

SONG

Child Of God

It All Comes Down To Love
Amazing Grace

| Call You Faithful

Who’s Report

Bahama Praise

I’m Not Tired Yet

Va won

Cindy Diane

Bebe Winans

Aaron Neville

Donnie McClurkin
Bishop Lawrence Rolle
Kingdom Kids
Mississippi Mass Choir
Yolanda Adams
Canton Jones

Everybody Dancing
_ Sandi Patty







Comedy

(From page 6C)



he’s hot right now. And then
you have three very funny and
talented comedians. So it’s
gonna be a night filled with a
lot of laughs,” promises Wil-
son.

Whether he is performing for
a few dozen or a few thousand
people, Rob Stapleton is
known to give his all on stage.
This constant energy and over-
whelming crowd reaction has
made Rob Stapleton one of the

hottest stand-up performers

working today.

Using his veteran comedic
knowledge, Rob appears to
have perfected the art of mak-
ing hilarious observations of
everyday life that can be shared
as comical jokes.

Born and raised in the
Bronx, New York, Rob has a
“razor sharp” take on:simple
observations and his “dead on”
take of life in the hustle and
bustle of New York City will
have the audience laughing.

Rob’s versatile style has also
made him a favourite on the
college scene, which he tours
extensively. To keep him
rounded, Rob writes all of his
material as well as extending
his hand to others. He has writ-
ten sketches for Tracey Mor-
gan, which have been aired on
Saturday Night Live.

° See Out There listings, pg 5
for ticket and showtime infor-
mation.
—_

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