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:
2006
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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APPROVED



MOSTLY



SUNNY

2

Volume: 102 No.138



Cree Ts i
eS aL

Be ee a

BUT gives assurances
there will be no further
industrial action

â„¢@ By PAUL
~TURNQUEST

“Tribune Staff Reporter

WITH assurances from the
Bahamas Union of Teachers
that there will be no further

industrial action, Education *

Minister Alfred Sears asked
ali students.to return to school
today as normal.

Speaking with The Tribune
yesterday, Mr Sears said he
expects all the stakeholders in

_ the education system to act in .
the best interests of the stu-.

dents.

“T’m asking all parents and

students to attend school as
normal. J am also appealing
to, all of our stakeholders,
including our teachers to let
us do all that we can to ensure
a successful completion of the
school year, as well as the best
conditions for our students to
take the national examina-
tions,” he said.
‘.The BGCSE exams started
last week with the practical
part of the. examinations
scheduled for this week. BUT
president Ida Poitier-Turn-
quest said that the 3,500 mem-
bers of her union will report to
work as usual tomorrow.

Last week Friday, all gov-
ernment schools were closed
at lpm, after a number of
teachers reportedly staged a
“sick out” at a number of
schools.

- However, Mrs Poiicesl ich

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quest said that the govern-
ment closure of the schools
was unwarranted as all teach-
ers remained on campus.

The union and government
have been locked in a bitter
feud for months as the union
continues to negotiate for an
industrial agreement.

The teachers reportedly are
seeking more than an increase
in salaries. They want an

improvement in working con-

ditions. The union has com-
plained of teachers having to
supply basic school items, such
as chalk, erasers, books, desks,

» chairs, and even food for stu-

dents without any help from
government.

“This is the only profession
that does not supply its own

material. Doctors don’t have.

to provide their medicine. The
accountant does not provide
pencils or his ledger book.
Only teachers are asked to do
these things,” Mrs Poitier-
Turnquest said.

On Thursday government
announced that as a result of
an illegal meeting by BUT
officials, which interrupted
regularly scheduled negotia-
tions between government
and the BUT, it would deduct
the pay of all the 400 mem-
bers who: attended the meet-

ing.
Shortly following that

. announcement, it was also

SEE page 15

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BAHAMAS EDITION

MONDAY, MAY 8, 2006

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m THIS young member of the Pathfinders stays focused during the Youth March yesterday which
got underway at Clifford Park. Thousands turned out for the annual event — the first in a series planned
to celebrate National Youth Month. See pages 6-7 for more pictures.

(Photo: Felipé Major/ Tribune staff)



328-LOAN

PRICE —7



Deputy

of Missi
US Emb.

defends A

m By KARIN HERIC
Tribune Staff Re;

DEFENDING the 4
base in Andros again.
tinued criticism, Deputy.
of Mission at the US En
Dr Brent Hardt yest:
highlighted the US ge
ment’s commitment tc

venting damage to mari‘

and the facility’s eco1
benefits to the island.

Dr Hardt said that alti
research is continui
determine if sonar testin
ilar to that used at the At
Undersea Test and Ev
tion Centre is impac
marine mammals, the
leading when it comes to fu
ing independent studies in thi.
field.

Speaking. as a guest on
Island FM’s Parliament Street,
the deputy chief of mission
pointed out that the US gov-
ernment funds 50 per cent of
all research worldwide.

“We provide 70 per cent of
all the research that is done
in the US and‘50. per cent of
what is done worldwide. We
fund independent studies that
are done by academics and
universities and marine insti-
tutes to examine these very
questions,” he said.

Annually, he estimated, the
US government spends
approximately $10 million on
funding independent research
into the effect of underwater
sonar waves on marine mam-
mals.

Dr Hardt pointed out that
there is also a difference
between active and. passive
sonar — active sonar is the kind

SEE page 15

Date for verdict in Kozeny extradition case

A VERDICT in the extra-
dition case of former Lyford
Cay resident Viktor Kozeny
is expected to be handed
down on May 19.

Kozeny’s defence counsel
Philip “Brave” Davis told
Czech news agencies that ini-
tially a verdict was to be given
on May 5, but that the date
was postponed by two weeks
by Magistrate Carolita Bethel.

The United States, wants

Kozeny, a 43-year-old Irish

financier of Czech origin,
extradited over corruption and
money laundering charges in

connection with the privatisa- °

tion of the oil industry of
Azerbaijan.

At the US’ request, Kozeny

has been in custody in the
Bahamas since last October.
He has spent the past eight

months in Fox Hill Prison.

If released to the US,
Kozeny could face up to 25
years in prison.

The Czech Republic in turn
wants him extradited to face
charges of embezzlement of
property worth 13.6 billion
Czech koruna.

The current trial began in

SEE page 14

Nassau and Bahama Islands’ Leading Newspaper





@ VIKTOR KOZENY:*:

as MR Lh aaah Lae &
et ar tre |
bai ee Shu baat
Sets Oe Soares dia



PAGE 2, vic. wiAY 8, 2006





THE TRIBUN



Photographer claims police officers

: INVESTIGATIONS continue
into complaints of police officers
failing to act when a local pho-
tographer was being assaulted

. downtown.

At the International Bazaar, a
wrecker was attempting to tow a
SUV when he noticed that the
rear of the vehicle was dragging.

The wrecker driver got out of
his vehicle and began to “shim-
my” the door of the SUV to
release the vehicle’s emergency
brakes. ;

Franklyn Ferguson, a freelance
photographer, was in the area and
photographed the driver attempt-
ing to open the SUV.

On seeing the photographer,
the man reportedly threatened
Mr Ferguson’s life in front of a
number of officers and attempted
to take his camera.

According to Mr Ferguson he
was pushed against a wall while
the man demanded the film from
his camera. Mr Ferguson said
four police officers watched and
laughed.






























failed to act during alleged assault

@ THE wrecker driver got out of his vehicle on Bay Street in front of the International. ;

“T was told by number 2744 to

Bazaar and began to ‘shimmy’ the door of the SUV to release the vehicle’s emergency brakes.
call the commissioner of police,

(Photo: Franklyn G Ferguson) __





















because there is nothing he can
do.

“Now I can say I somewhat
agree with him, because I report-
ed various officers in the past,
and to my amazement one was
promoted.”

Mr Ferguson said he did not












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report the incident to Police
Commissioner Paul Farqharson
as it appeared to be a “waste of
time” to do so. He said he made
his decision because of the bold-
ness and arrogance of some of
the officers, which made him
believe that nothing would come
of his complaint.

It is reported that Mr Leonard
Archer, Bahamian High Com-
missioner to CARICOM, wit-
nessed the incident. Mr Fergu-

DO WENDY'S:4 NEV
FRESCATA SANDWICHES.

son, claimed that it was only when
police recognised Mr Archer that
they instructed the wrecker driver

‘to leave him alone.

Chief Superintendent of Police
Hulan Hanna said he would
encourage Mr Ferguson to offi-
cially report the matter. He said
no officer should stand by and
watch such an incident unfold.

“For those officers who stood
by and saw, according to what
you are reporting, an assault and

eaigy ie 8
J 14’ PSts0l



action,” Mr Hanna said.

battery take place in their pres-~
ence and did not do anything
about it, then I am encouraging:
the photographer to go to the
Complaints Unit with whatever
information he has and to make a

formal complaint. a

“No officer ought to behave:
like that. No officer ought to
stand up and watch a citizen being;

i
'

Ke

Fa

4

?

assaulted by another citizen with-,~ ,

out taking the appropriate police:

8) Ec

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THE TRIBUNE



In brief —

Hero pilot
charged
with flying
illegal cargo

A FORT Lauderdale pilot
who just last year was praised
for performing a “miracle land-
ing,” was indicted in the US yes-
terday on charges of illegally
flying commercial cargo to the
Bahamas.

According to court records,
a grand jury has charged
Charles A Riggs, 63, with oper-
ating a plane in air commerce
illegally and failing to file a cus-
toms declaration for a load of
granite he was carrying to the
Bahamas.

Riggs was apparently carry-
ing the illegal cargo when his
World War II-era DC-3 went
down on. June 13, 2005 on a res-
idential Fort Lauderdale street
last: year without causing any.
deaths.

Riggs pleaded not guilty and
is free on $100,000 bail.

Miami Attorney R Alexan-
der’ Acosta said the investiga-
tion grew out of that crash and
is being expanded to focus on
other so-called “bandit” com-
panies that illegally fly passen-
gers and cargo out of south
Florida airports without Feder-
al Aviation Administration
(FAA) permission.

Prosecutors argue that Riggs
and his company, Air Pony
Express, on numerous occasions
flew into Nassau, Grand
Bahama and Treasure Cay,
Abaco without FAA authori-
sation to use the plane to carry
cargo to the Bahamas.

Rescue workers last year
credited Riggs — a helicopter
pilot in the Vietnam war — with
saving dozens of lives by man-
aging to crash-land his plane
without hitting buildings or
homes in a heavily populated
Fort Lauderdale area after it
developed engine trouble short-
ly after takeoff.



Two men

stabbed in |

separate.
incidents

TWO men are in hospital

today fighting for their lives.

after-they. were stabbed in sep-
arate incidents at the weekend.

A 16-year-old male was .

stabbed: during an fight in the
Cable Beach area on Friday at
around 11pm.

According to police reports,
the young man was attacked by
group of men. He sustained
multiple stab wounds and is cur-
rently in critical condition in
hospital.

A second man, a resident of
Martin Street, is also in critical
condition after he was assaulted
with a knife by a man known
to him.

The fight broke out in a bar
on Market Street late Friday
night and resulted the in the vic-
tim being rushed to hospital.

Investigations into the these
two incidents continue.

mei ae
US

ed baby
PHONE: 322-2157



MONDAY,
MAY 8

6:30 Bahamas@Sunrise

11:00 Immediate Response

12noonZNS News Update Live

12:05 Immediate Response Cont'd

1:00 BTC Connection

1:30 Gumbo

2:00 Carmen San Diego

3:00 David Pitts

3:30 Bishop Neil Ellis

4:00 Dennis The Menace

4:30 Carmen San Diego

4:58 ZNS News Update

5:00. Caribbean News In Review

5:30 — Gillette World Cup 2006

6:00 Gospel Grooves

6:25 Life Line

6:30 News Night 13

7:00 Bahamas Tonight

8:00 You & Your Money

8:30 _ Island Life Destinations

9:00 Legends: Henry Pratt

9:30 | NWCCU Mortgage Trade

: Fair

News Night 13

1 11:00 Bahamas Tonight

Immediate Response

Comm. Page 1540AM

NOTE: ZNS-TV 13 reserves
the right to make last minute
programme changes!


























k

LOCAL Nee

MONDAY, MAY 8, 2006, PAGE 3

Christie praises the ability

of Bahamians to succeed

PRIME Minister Perry
Christie boasted of the
indomitable spirit of Bahami-
ans in his address to the grad-
uating class of Middle State
Tennessee University over the
weekend.

Mr Christie, who noted the
university was headed by a
Bahamian, said that the
Bahamas is a country of people
who believe that with intelli-
gence, creativity, persistence
and hard work, we can accom-
plish anything to which we set
our minds.

“We Bahamians pay little
attention to those who tell us
we can’t, even when they come
armed with weighty statistics
and learned prognostications.
The word ‘can’t’ seems. to’ be
the ‘on’ switch for most of my
people. You can tell,us we

can’t, but we won’t argue. We
just go ahead and show you
that we can.

“There are abundant exam-
ples of it in our personal and
national histories. My own
life’s journey demonstrates this
refusal to accept negative pre-
dictions without a fight. I didn’t
do very well in high school. In
fact, the teachers there pre-
dicted that I couldn’t learn and

I was kicked out of what was
then the best high school in the
country, where the majority of
the future leaders of the coun-
try were students,” he said.

Mr Christie said that at this
very young age he was “reject-
ed” and cast asfde by one
branch of the academic world
as one who was labelled as
“can’t”.

“Fortunately, my parents
had no time for dire predic-
tions. They believed in me.
They refused to accept that I
was not good enough and sent
me to another school. Eventu-

ally, I studied law in England
and returned home to become
a founding partner in a suc-
cessful law practice.

“After some time, I entered
the political arena and was elect-
ed to the Bahamas Parliament.
I went on to become a member
of the national Cabinet, first as
Minister of Health and Nation-
al Insurance and next as Minis-
ter of Tourism, which portfolio
carries the weight of an industry,
which supplies over 40 per cent
of my country’s gross domestic
product.

“T also enjoyed tenure as





@ PERRY Christie

Largest passenger ship in
the world to sail to region

The newly built Freedom of
the Seas, the world’s largest
passenger ship, is crossing the
Atlantic Ocean, bound for
New York City and later, the
Caribbean, according to Asso-
ciated Press.

The 160,000-ton cruise liner
owned by Royal Caribbean
Cruises Ltd. can carry more
than 4,000 passengers, sur-

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and weighs 151,400 tons. —

The $800 million ship left
Southampton in England on
May 3, crossing the Atlantic
Ocean for New York, where it
is expected to arrive on Brey
10.

It departs from Miami on:

June 4 for its first cruise with
paying customers, sailing for
seven days to the western
Caribbean, with stops in
Cozumel, Mexico; George
Town, Grand Cayman; Mon-
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Minister of Agriculture, Trade
and Industry. Some years ago, I
was chosen to lead the political
party of which I am a member
and, in 2002, I led the Progres-

sive Liberal Party to a landslide
victory. Now, I stand before you
as Prime Minister of the Com-
monwealth of the Bahamas,”
he said.

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PAGE 4, MONDAY, MAY 8, 2006



EDITORIAL/LETTER TO THE EDITOR

The Tribune Limited

NULLIUS ADDICTUS JURARE IN VEKBA se. Gioi Ki
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 CARRON, C.M.G., M.S., B.A., LL.B.
Publisher/Editor 1972-

Published Daily Monday to Saturday

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



Bahamas should not vote for Cuba

TODAY — MAY 9 — is an important — which is guilty of genocide — from UN
day at the UN. It is the day when that body’s inspectors we can take nothing for granted
191 members will vote for the first time for 47 with our man at the UN. Bahamians are now
of its number to sit on the newly formed UN going to have to become more aware and
Human Rights Council. more vigilant of what is being done in our

The Council replaces the 53-member UN name.
Commission on Human Rights (UNCHR), To vote Cuba onto the new Council would
which lost its credibility because its mem- be the same as if Bahamians were to agree to
bers included countries with some of the the appointment of a Supreme Court judge
world’s worst human rights records. who was guilty of the very crimes over which

According to the UN, UNCHR had been he was required to adjudicate. Logically it is
“repeatedly criticised for the composition of out of the question. But today emotions seem
its membership. In particular several of its to have replaced logic.
member countries themselves have dubious The Declaration of Human Rights —_—
human rights records, including states whose which this Council is mandated to ensure
representatives have been elected to chair that every country upholds — has 30 Articles.
the commissions.” The reference was to Article 13 says:

Libya’s Muammar Gadaffi who headed the (1) Everyone has the right to freedom of
comunission from March, 2003. movement and residence within the borders

To rid itself of such members, and restore of each state.
credibility to the body, the UN Human Rights (2) Everyone has the right to leave any
Council was formed with new rules, including country, including his own, and to return to
a'change in how members are to be elected. his country.

Instead of the two-thirds majority for which A few weeks ago The Miami Herald pub-
the US lobbied to make entry even stiffer, lished a news brief about a Cuban who had
each member to the Council has to be elect- won an international award. Asked if he
ed by half of the total UN membership. would receive the award in person, his reply

In the past voting was done by regional was that he did not know.
blocs. That has been abolished. Now each It all depended upon whether he could get
country has to cast its individual vote for permission from the Cuban government to
each member to the Council. leave his country.

And that is where the Bahamas and Cuba This man does not have an essential right

‘ come into play. that Bahamians take for granted.
“t The Bahamas can no fonger hide within Is our vote at the UN going to keep him in

the body of CARICOM, because CARI- perpetual servitude, or is it going to help free
COM has made it clear that as a body it has him?

»~4 not taken a position on any of the candi- This government does not have to weigh in
: dates. ‘This means that each of its members is the balance its friendship with either the US
free to make their own decision as to how. | or Guba to find its answer..,,.,
their country will vote. All it has to do is study the Declar. ation of
Cuba served for many years on UNCHR. Human Rights to realise that in no particular,
By some strange reasoning it believes it has a can Cuba claim the Bahamas’ vote.
right to be voted back into the club. Appar- As a Cuban said a few days ago: “Don’t let
ently, Cuba has a different concept of the appearances govern your thought. If a coun- -
meaning of human rights — certainly one try has a close-to-zero crime rate, before you
that is diametrically opposed to the beliefs of praise it, look at its police methods, since it is
the average Bahamian. It wants to get’on the easy to ‘have zero crime using the loss of
Council, because; in the words of its ambas- human rights as a deterrent. If a country has
sador, it wants a venue from which to express to hermetically close its borders to prevent its
its views on “true human rights and not the people to leave in search of freedom while a
human rights viewed only by the US andits __ neighbour has to close its borders to prevent
allies.” ’ the rest of the world from breaking in in
However, Cuba is one of the countries search of freedom, it does not take a brain
that the international body wants off the surgeon to determine where the human rights
Council. Cuba is lobbying to remain, and it lie.”
has solicited the Bahamas for its vote. It would be unfair for the Bahamas to
A Bahamian asked us last week if we seri- vote Cuba into a position where it can deflect
ously. thought the Bahamas would vote for criticism from itself and deny its people the
Cuba. After all, he reasoned, one only had to rights that we as Bahamians enjoy.
look at how the Cuban people are not free to As the Bahamian said, it seems incon-
leave their own country to know that the ceivable that this government would even
government of Fidel Castor is in breach of the have to consider the matter.
Declaration of Human Rights, and, there- Which way the Bahamas should vote is
fore, is obviously not qualified to sit on the obvious to most of us.
Council. Today we shall see how obvious the facts
After the Bahamas’ vote to protect Sudan are to our government.




THE TRIBUNE

1

The PLP ‘does
not enjoy a
friendly media’

EDITOR, The Tribune.

CLEARLY as the month
of May arrives not only is
the hurricane season start-
ing up we are also in full

swing, figuratively and oth- .

erwise firing up the political
season.

Why did The Tribune and
the FNM take objection to
the -remarks of the
PLP Chairman, Raynard
Rigby?

T perceived your John

Marquis’ ‘Joker’ editorial.

piece as a tongue-in-cheek
satirical piece as only a non-

resident deaf person could.

write in this manner. The sad
thing is that Mr Marquis’
piece was so politically slant-
ed and he knew as did you,
as the Editor, it would bring
a reaction.

The PLP does not enjoy a
friendly media even from the
government radio and tele-
vision stations and as a result
this places the Government
as a serious disadvantage in
trying to get their objective
political story out in the pub-
lic.

I suspect that by actual

election day rolls around.the -

joker might be slammed on
Mr Marquis as the first part
of Phase: 3 of Atlantis will
be opening and a further
2,000+ Bahamians will be
employed in what is recog-
nised as being high paying
employment.

Baha Mar will certainly
have commenced and be

advanced with atleast the

initial road works and the
building of the commercial-
retail section of their
Phase:l. .

In the islands concrete
block and cement will be
pouring almost as fast as the
suppliers of those essential
products can ship them in.

There are very few islands
on which there is not a “new
anchor resort development”
has been announced for.

Mr Marquis obviously has
little experience with Govy-
ernment — a Minister is one
person whilst his Permanent
Secretary has far. more
authority and swing to hold-
up; sabotage and frustrate
development and from
where I see many of our Per-

manent Secretaries have

been doing this ever since
the official results of
Election 2002 . were



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ries which The Tribune
reported, project after pro-
ject have been approved and
will by election 2007 start
rising out of the ground and
the predictions are that the
confirmed. majority will realise that in
Why is Good News kept an honest comparison The
off the front pages? Thurs- Bahamas will be best off
day evening of this week with a continuation of the
Senator Trevor Whylly Christie Goyernment.
organised The Outstanding Least we forget, under the
Students Awards at Gov- FNM Kerzner had already
ernment House - these are negotiated his Phase 3
the kids who have excelled before May, 2002 which
academically. under the Christie Govern-

pe MU Se

letters@tribunemedia.net






However only ZNS TV-13. ment more than doubled in’

publicised event. Attending capital cost and Kerzner is
the event I saw a lot of flash-. already promising bigger to
lights from news photogra- come in Phase 4 - if that is
phers, but not a single line-or not an acceptable litmus test
photograph in print. . then what is? Ve
Certainly I left the. event It is simply ‘world-
surprised that so many _ class’.
young men were on the I am always amused when
Honour Roll — might there’ we listen to the regular
be a positive side of what chronic callers to the Talk
our young are achieving . Shows who criticise the lack
except our news media are of efficient governance —
not interested? whenever has there evér
We know a scandal or sexy _ been efficient governance ‘or
headline sells, but let’s stop —_ even service provided in The
this madness unless we Bahamas, private or public
become so lacking of media sector?
objectivity that every:story . I honestly believe that the
is slanted to the political par-- joke will be on the real joker
ty that you or other media’: in May, 2007 — John Mar-
houses support. quis. v
Using the same criteriato “J like your editorial com-
describe the governance ment Mr Marquis laughing
report for the FNM 1992- at wee self.
1996 in the FNM first term
as John Marquis used we can

only find three foreign G J MORRISON

es dn Nin nde Bs sees

investment projects — Nassau,

November, 1992 Cape April 29, 2006. Nolet
Eleuthera which even today eg
14 years later has not started) 3). fy eae
what was promised with all
the fanfare at Government (Some letter writers on.

House and Sir Clifford Dar- — the subject of a free press
ling being asked to signed claim that all of the inde-
on behalf of Government pendent media is against —

“(what authority Government the PLP. This writer now

had for this is certainly says that government does-
questionable) - Kerzners’ n’t even enjoy a friendly’
return and Hutchison- press from its own radio:
Whampao. and television stations. We
I am unable to include the don’t believe this, but if:
discount sale of the old » rite ‘then’ there must be
Ambassador Beach and Bal- something wrong. Instead
moral Beach Hotels to Issa of blaming the media, the
and Stewart. iit PLP should examine itself
The Tribune since.:2002 to find out what the prob-
from your own advertising Jem is. ;
and promotion is making (This reminds us of the
more money than ever'so proud father who admiring
under the PLP even The Tri- his son as his army unit’
bune is flourishing." marched past, turned toa
Mr Marquis has hadto be friend and said: “Look at.
living in an isolated cave ‘my smart boy, everyone is
somewhere, away fromeven out of step but him!” — |
reading the front-page sto- £d). vl

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THE TRIBUNE





Young
Bahamians
due to be
honoured

IN CELEBRATION of
National Youth Month, out-
standing young Bahamians
will be honoured in the Youth
Recognition Ceremony at
Wyndham Nassau Resort and
Crystal Palace at 7pm on May.
11.

_On May 12, young people

have a chance to discuss the
country’s most pressing issues
in a session of ‘Youth in Par-
liament’ at 10am at the House
of Assembly.
_ The session will be broad-
cast, like any normal sitting
of,the House, on ZNS’ parlia-
mentary channel.

Police
investigate
after drug
‘seizure

'¢¢ POLICE are making fur-
ther investigations after a.cap-
- ture of illegal drugs.
Officers of the Central
:'Detective Unit on Friday at
" #2.30pm executed a search
(warrant on a private resi-
‘tdence on Pratt Alley.
--- The search turned up a
5 Squantity” of suspected mar-
.djuana and cocaine.
«1.Press liaison officer Inspec-
‘itor Walter Evans yesterday
said that the value of the.dis-
-¢overed drugs had not yet
>sbeen determined.
-4s.Twe people, a 38-year-old
woman and.a 15-year-old,
-swere taken into custody.
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By Bahamas Information
Services

GOVERNMENT signed a
contract with Andros Farms
Limited for construction of
more than 90 homes in a North
Andros subdivision and the
refurbishment of the Carl Oliv-
er stadium.

Neville Wisdom, Minister of
Youth, Sports and Housing,
made the announcement on
Thursday during the contract
signing.

Also attending the signing
were Vincent Peet, Minister of
Financial Services and Invest-
ment and MP for North Andros
and the Berry Islands, and Mr
Anthony Moss, MP for Exuma
and chairman of the Mortgage
Cooperation of the Bahamas.

“This contract is a very sig-
nificant event that signals a new
beginning for North Andros,
and would entice Androsians
to return home to further devel-
op the island,” said Mr Wisdom.

“The total cost of the con-
tract has not been determined
as yet but thus far $516,000 has
been awarded for land clearing
and road construction for the
subdivision while $41,000 has
been awarded for phase I of the
refurbishment to the Carl Oliv-
er Stadium.” :

“The government,” he said,
“will make available resources
in an effort to provide some of
the homes. However, if
Androsians wish to just pur-
chase lots they could. .

“The second contract will als
begin phase I refurbishment to

~ the Carl ‘Oliver facilities and



HB NEVILLE Wisdom

within the upcoming weeks
another contract will be signed
to rubberise resurfacing of the
entire facility ;

“The Carl Oliver Stadium
when completed: will have a
rubberised track, an adequate
infield and proper bathroom
facilities that will allow both
national and international ath-
letes to utilise the facility.”

The facility is expected to be
completed next spring.

Mr Wisdom said the Ministry
has received many requests

from various international’
organisations and individuals

who wish to do seasonal train-

ing in The Bahamas, especially
_in.the areas of soccer and track °

and field and the Carl Oliver
facility would be ideal for them.
“These people would like to

tile Supplies Last

Contract signed â„¢
for construction pb
of homes and |
refurbishment |

be in tranquil areas such as
Andros and other family Islands
as opposed to training in Nassau
or Grand Bahama, so this facil-
ity would make Andros appeal-
ing for sports tourism,” said Mr
Wisdom.

According to the minister,
many side benefits would arise
from sports tourism because
housing would be required and
this could be met.

Mr Wisdom pointed out that
additional facilities are expected
to be constructed in Eleuthera
and Abaco.

“This is a red letter day for
’ North Androsians to have a 50

acres subdivision erected,” said
Mr Peet.

“That the building of some
90-plus homes would encour-
age many Androsians living in
Nassau and other islands to
return home and contribute to
the development of Andros.”

The construction of these
homes, he noted, will also create
many job opportunities for
North Androsians.

Mr Peet said he was pleased
to see renovations being made
to the Carl Oliver facility and
that it was time that it reflected
an Olympian since it is named

after one.

Mr Anthony Moss encour-
aged Androsians to take advan-

‘tage of the opportunity to
_ obtain a home or lot because if

they do not embrace the oppor-
tunity now other Bahamians
would as North Andros starts

' to progress.

He also encouraged contrac-
tors to deliver the 90-plus
homes in a timely manner.



MONDAY, MAY 8, 2006, PAGE 5









THE MULTI-million dol-
lar upgrading of Marsh Har-
bour International Airport is
scheduled to begin in the first
week of June, the Ministry of
Transport and Aviation has
announced.

During phase one of the
work, the airport’s runway will
be lengthened and resurfaced.

A new parallel taxiway also
will be constructed.

“The works represent phase
one of a project to revitalise
Marsh Harbour Internation-
al into a modern, fully func-
tional facility which will meet
all international civil aviation
standards,” the ministry said
in a press release.

Although the $3.5 million
contract for these works was
signed on March 13, the min-



arsh Harbour
upgrade to
egin in June

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istry said that the timing of
the construction has been
arranged in conjunction with
the Ministry of Tourism and
other stakeholders “so as to
minimise the disruption to the
travelling public and the Aba-
co economy.”

Pre-construction work,
which include the collection

‘of survey data and the finali-

sation of design works for the

Tunway and the new taxiway,

are being completed. !

The ministry said it has set
the end of November, 2006,
as a “tentative” date for com-
pletion of the project. i

In addition to the upgrading
of the runway facilities, con-
struction is also expected to
begin in August on a new $4.5
million terminal.



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PAGE 6, MONDAY, MAY 8, 2006

NG

outh Month is
rally

Hi THE Pathfinders band moves shEG Ug Rawson Sqaure eee the Youth

tare Nesey (Photos: Felipé Major/Tribune staff)

















THE seventh day adventists band take over Rawson Sqaure |
during the Youth March yesterday ~





takes part in the Youth March yesterday |

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Neville Wisdom said that he has
organised the evexts in con-
junction with youth le ailers
throughout the Bahamas io \el-
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country.

“We invite all young people
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encouragement to others
through placards and chants,”
he said.

At 7pm Thursday, May 11, in
the Ballroom of the Wyndham
Resort, Cable Beach, outstand-
ing young people from through-
out the Bahamas will be recog-
nised and awarded for their
contributions to youth devel-

‘opment.

Pacesetters in religion, sports,
community service, business
and performing arts and out-

21st Century Welding Co. standing youth organisations as
Wilton Street, No. 37 *« Nassau, Bahamas ee : well as those extraordinary
: = e youth leaders “who gave
unselfishly of their time to
_ young people for Ma than 10
Ye s ears will be awarded during-an
ae Sy — . Seng of youth and talent and
The Isuz culture,” the pease said. ‘

Lo Young people from eac
OC's CLASS OF '67 me 4 Le er ee uo worry Cra : Family isan will be recognised

REUNION COMMITTEE at this ceremony as the most
iscallingon es perce. systems feature optimized proportions. entetinding Cull mtRein cones

classmates and old scholars who munities.
See Saree rreanee aie | rele Fe es L 3 Se accuracy and smooth, quiet On Friday, May 12, in the
: aN ellis







House of Assembly, the youth
of the nation will speak on top-
ical issues affecting the country

With gas Mae soaring, you're going to wish you had a diesel today.
The Minister made the
announcement at the recent

If you are (sadly) past 50
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ntac nine naten yf ever -
(242) 393-2046/simplysweet29@hotmail.com Trained UCL on duty. Square, which launched Youth
or Felicity Johnson 7 ite Ae Month.
Pe) oe ARES . “This year may, however, for-
Has Maine bey oe a ~~ ever be etched in the minds of

Bahamians, as not only will we |
celebrate our youth during the |
month of May, but for the first
time in its history, the Bahamas
will be the host of the Com:
monwealth Youth Ministers
Wulff Road Meeting, scheduled for May 22:

29 at Radisson Cable Beach and
Golf Resort,” he said.

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THE TRIBUNE

MONDAY, MAY 8, 2006, PAGE 7”.





ears






we

Mi MISS Bahamas Universe, Litle Miss Bahmas and Miss Teen
Bahamas wave to the crowd watching the Ministry of Youth
March yesterday










a THE St Joseph’s church band drummer presses on yesterday
during the Youth March

i

f
Mr Wisdom said this year the opportunity to show that it is
Bahiamas will host 53 Com- indeed “better in the Bahamas.”
monwealth nations from the The theme for the month will '
South Pacific, Asia, Africa and be “Empowering Youth for the
the Caribbean, giving the young eradication of HIV/AIDS,

people Of the. Bahamasian “every end crite: @ THE Prophecy Troops of the Church of God march yesterday
in the Youth March





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PAGE 8, MONDAY, MAY 8, 2006
LOCAL NEWS



“Minister of Health Nottage ‘will



THE TRIBUNE



champion the cause’ of PMH staff







B HEALTH and National Insurance
Minister Dr Bernard Nottage (left) in
the premature baby unit during a tour
of the PMH.








«
vi
i
re

(BIS photo by
Gladstone Thurston)









Ee BAHAMAS BAITM MPMISTRIES EN TERSMATION

@ DR ADRIAN SAWYER shows Health and National Insur-
ance Minister Dr Bernard Nottage and his team around the dialy-
sis department during a tour of the PMH.

j (BIS photo by Gladstone Thurston)





HB DR BERNARD NOTTAGE interacted with PMH staffers
during his tour.

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@ By BAHAMAS
INFORMATION
SERVICES

HEALTH and Natianal
Insurance Minister Dr
Bernard Nottage said he is
“the champion” of Princes
Margaret Hospital staffers
following an extensive tour
of that facility last Thursday.

“T’m your champion and I
will champion your cause,”
he told them. “I will not per-
mit people to talk badly
about you if you do not
deserve it.

“I promise you that not
because you area reflection
of what we are trying to pro-
vide, but because I know
how committed-and dedicat-
ed most of you are.”

Senator, Dr Nottage was
accompanied on the tour by
Public Hospitals Authority,
Managing Director, Herbert
Brown; Princess Margaret |
Hospital, Chief Hospital .:
Administrator, Coralie :
Adderley; Medical Chief of
Staff, Dr Patrick Whitfield;
Principal Nursing Officer,
Emily Osadebay; Chief Med-
ical Officer, Dr Merceline’.
Dahl-Regis and other Dera
care officials.

He commended PMH
staffers, “keepers of the
nation’s health, for the fin
job I know all of you are”
attempting to do. ti

“You come under a lot of,
criticism because people are
always able to find:
fault...But, having had my;
own personal experience if
health care in this institution,
I know how difficult it is.

Understand

“T know the constraints.
under which you have to ©

work. I know the limitalidas
and J understand the issues.

“Tam going to do every=:
thing that is possible to seek
to improve the system.” |

He encouraged them to;
“do the best that you can®.
with what you have to work
with and to be as innovative
and creative as you can to ;
keep things going.’

PHA Managing Directo
Mr Brown said the Minister
is now well aware of the :*
challenges faced at the
PMH.

“You can hear that he i is.
compassionate about work-
ing hard to ensure that the;
people of our country
receive the best care that we
can provide within the con-
straints of the resources :,
available to us,” said Mr iH
Brown.

PMH Administrator, Mrs
Adderley said Dr Nottage’s
visit “went a long way in |
boosting morale. The staff
was extremely frank,
extremely open and honest
and I think his personality
led to that. He welcomed
their comments and encour-
aged it.

“Definitely we know that
working with Dr Nottage we
are going to continue the
great work that we do here
at the Princess Margaret
Hospital and the Public Hos-
pitals Authority.”











The Tribune wants to hear
from people who are
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you are raising funds for a
good cause, campaigning
for improvements in the |:
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THE TABUWe

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PAGE 10, MONDAY, MAY 8, 2006



weekend on Boyd Road.

Ge RO aac

for Clarks &
Shoe Village Shoe Stores.
Please fax your applications to

326-0570

or mail to
P.O. Box N 3009
Nassau, Bahamas

with Purchase
while supplies last ~~

¢ University of the
West Indies,
__Bahamas Centre

Are you comfortable with your English and Mathematics?
Here is your opportunity. Register now at UWI.

Studying regain?

Course 1.

Mathematics: A Gentle Approach will give you a
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* Maximum class size: 15 students

- Cost per course:
. $180.00 (includes all fees, materials and exams)

Please register by May 11, 2006
Classes begin May 15 & 16, 2006

For details telephone: 323-6593
Email: uwibahamas48@hotmail.com





@ ST. JOSEPH’S Marching Band perform for the many . oe
spectators at St. Joseph’s Catholic Church annual fair at the

(Photos: Mario Duncanson/Tribune staff)




CHOOSING HURRICANE SHUTTERS








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_ to know the new Carens, the more there is.
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TEACHERS & SALARIED WORKERS
CO-OPERATIVE CREDIT UNION LIMITED

Pyaar oye
GENERAL MEETING

There Will Be No Second Call Notice As Per
_ The Co-operative Act 2005 Section 22

TO: All Members of Teachers and Salaried Workers
Co-operative Credit Union Limited East Street South
and Independence Drive

Notice is hereby given that the Twenty-Ninth (29th) Annual
Meeting of Teachers & Salaried Workers Co-operative Credit

Union Limited will be held at the British Colonial Hilton Hotel °
located on Bay Street, on Saturday, May 20, 2006 commencing

at 8:00am for the following purposes:

_* To receive the Report of the Board of Directors for 2005.
* To receive the Audited Accounts for 2005.
° To elect members of the Board of Directors
* To elect members of the Supervisory Committee.
¢ To discuss and approve the Budget for 2006.
° To take action on such matters as may come before the meeting.

Lenn King
Secretary

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-CARENS

7 - SEATER

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(HE TRIBUNE a MONDAY, MAY 8, 2006, PAGE 11







a



GRR Se ST

CSP ES &





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: (Phote: Mario Duncanson/Tribune staff)

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PAGE 12, MONDAY, MAY 8, 2006

We would like to advise our clients that we,

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@ BOLIVIA
La Paz

GLADYS Melani was nearly
blind from cataracts. Juana
Mamani was illiterate. Sharon
Mayra didn’t officially exist.
What these three Bolivians had
in common was poverty, and
help from Cuba and Venezuela
in solving their problems,
according to Associated Press.

Fidel Castro and Hugo
Chavez have made a fast and
extensive start in providing
President Evo Morales’ three-
month-old left-wing govern-
ment with humanitagian aid,
winning the thanks of its bene-
ficiaries as well as political
points.

It’s part of what Morales, in a
veiled taunt to the Bush admin-
istration, calls an “axis of good".

Melani’s cataracts were,

removed for free by one of
some 700 Cuban doctors who

have fanned out to the farthest -

THE TRIBUNE



corners of Bolivia. Cuban teach-
ing materials are helping
Mamani learn to read and write.

Technology from Venezuela
got 17-year-old Mayra the ID
card without which she couldn’t
travel abroad, vote, enter gov-
ernment buildings or collect’ a
pension. An estimated one mil-
lion poor Bolivians, nearly 10
per cent of the population, are
expected to get the same help.

Venezuela is also helping to
set up 109 rural radio stations so
Morales can spread his socialist
gospel much as Chavez has
done.

Morales, an Aymara Indian,
won office in December in.a
landslide of discontent with the
traditional ruling class. On April
29, he signed a “trade agree-
ment of the people” with Castro
and Chavez, a mostly symbolic
alternative to free trade agree-
ments Washington has reached
with other Latin American
countries. \ \

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‘ |
THE TRIBUNE



CARIBBEAN NEWS|

MONDAY, MAY 8, 2006, PAGE 13

doctors take new Bolivia by y storm



# BOLIVIAN indigenous women Juana Yujra, 63, right, and
Julieta Luna Aliaga, 55, take their first week of an
alphabetisation program led by the Bolivian government and
backed by technical cooperation with Cuba in Laja, 22 miles

from La Paz, Bolivia on Friday

|
{

Two days later, he decreed
the nationalisation of Bolivia’s
natural gas, an even more force-
ful assertion of state control of
mineral resources than Chavez

(AP Photo/Dado Galdieri)

has taken with his nation’s oil.

The United States remains
Bolivia’s single biggest foreign
donor, contributing a bit less
than half of the US$360 million

HAMAS FAITH MINISTRIES INTERNATIONAL












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education and experience).

ACCESS and GIS.

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natutal areas planning or management (or an equivalent combination of

° ipetisiee in developing, directing, managing and implementing
strategies to protect marine habitats and species, demonstrating a thorough
knqwledge of the science, issues and.methods of marine conservation.

Sey Working knowledge of marine resource management agencies and marine
resource management policy framework.

¢ Demonstrated experience in MS Office Suite. Prefer experience with

° Experience i in leading and managing sulle projects and implementing

¢ Management experience, ‘including the ability to motivate and lead, set
objectives, and manage the performance of interdisciplinary teams.

* Experience developing and successfully administering departmental budgets.

Interested persons should apply in'writing with full details, including resume
and cover letter, to bahamas@tne.org by May I5th, 2006.

‘Employment Opportuucty
‘ The Nature Conservancy Bahamas Program is seeking to fill the position
: bs of Marine Conservation Specialist. The individual will have

ey “responsibility for directing the marine aspects of the Bahamas program
aby working collaboratively with internal staff, governmental agencies
iS ‘and NGO partners. S/he will be responsible for developing new
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annually with which rich nations
collectively pay 60 per cent of
the Bolivian government’s bills.

But the Cuban and Venezue-
lan largesse has mounted as
Morales continues to veer to
the left. Last weekend,
Venezuela offered an addition-
al US$130 million in two sepa-

rate funds — one for social pro- .

jects, another for.infrastructure
and development projects.
“What these doctors and
workers have generated goes
beyond co-operation and is
more about inter-human rela-
tions,” said Alberto Nogales,
Bolivia’s vice minister of health.

Criticism

Critics see dangers.

Fernando Messmer, an oppo-
sition congressman and former
foreign minister, says Venezuela
could use the database set up
for the ID cards to keep tabs
on Bolivians.

He has no proof, but contends
Venezuela and Cuba are con-
cerned more with promoting
Morales than helping the poor.

“It’s dangerous because it’s
moving toward consolidating a
totalitarian state,” he said.

Venezuela’s state energy
company, meanwhile, has
signed a contract to build an
ethane, methane and propane
plant in Bolivia, and Venezue-

lan experts are involved in the
details of Morales’ gas nation-
alisation. Chavez has offered
Bolivia diesel fuel that can be
paid for with farm products
such as soy.

Flush with petrodollars,
Chavez has offered fuel at pref-
erential rates to 13 Caribbean
countries as well as some poor
US districts; and scholarships
for Haitians.

Meanwhile the Cubans, who
in Cold War times sent soldiers
to fight in Angola and
Nicaragua, have focused on
bringing medicine and literacy
to friendly neighbors,
Venezuela included.

A literacy campaign modeled
on the one Cuba ran in
Venezuela aims to teach Bolivi-
a’s 720,000 illiterates to read
and write in two years. Cuba
has delivered 30,000 TV sets
plus workbooks and videotapes
for Bolivian volunteer teachers.

It is equipping 20 rural Boli-
vian hospitals, providing free

eye surgery in three new oph- -

thalmology centers, and offering
to pay for 6,000 Bolivians to
study in Cuba.

The Bolivian Medical

_ Association objects, saying

the country has 10,000 unem-
ployed doctors of its own.
But 75-year-old Gladys
Melani feels only gratitude

to the eye doctors at a newly

equipped centre in La Paz.

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PAGE 14, MONDAY, MAY 8, 2006



IMPORTANT NOTICE TO ALL POLICYHOLDERS AND
CREDITORS OF THE BAHAMIAN BRANCH OF INDEPENDENT
INSURANCE COMPANY LIMITED (IN PROVISIONAL
LIQUIDATION)

The Joint Provisional Liquidators (“JPLs”) of Independent Insurance Company
Limited (in Provisional Liquidation) (“independent”), Mr Dan Schwarzmann and
Mr Mark Batten of PricewaterhouseCoopers LLP of Plumtree Court, London are
pleased to announce that the run-off of claims against independent’s Bahamian
branch (“independent Bahamas”) is nearing completion. They are proposing to
make a final dividend payment in June 2006 to all Bahamian creditors whose
claims against independent Bahamas have been agreed. In order to qualify for a
final dividend payment in June 2006 your claim against Independent Bahamas
must be agreed by 31 May 2006.











Policyholders whose claims have already been agreed



If you have already agreed your claim against Independent Bahamas then you
will shortly be receiving a letter detailing the settlement conditions of your claim.
You must sign and return the letter to Orry J Sands & Co. Ltd (at the address
detailed below) before 31 May 2006 in order to qualify for the final dividend
payment in June 2006.







If you believe that you have an agreed claim against Independent Bahamas and
you do not receive such a letter by 12 May 2006 please contact Orry J. Sands &
Co. Ltd at the address below.




Policy holders with unagreed claims




For those claimants who have not yet agreed their claim with Independent Bahamas,
please note that you must have agreed your claim and have signed a returned a
letter detailing the settlement conditions of your claim before 31 May 2006 if you
want to receive a final dividend payment in June 2006. Therefore please contact
Orry J. Sands & Co. Ltd. with your claim details as soon as possible.






Creditors who are not policy holders







If you are a creditor of Independent by virtue of a claim against an Independent
policyholder, or through the provision of some service covered by the policy, for
example, legal expenses or garage repairs, you will receive a letter detailing the
settlement conditions of your claim which you will be asked to sign and return.
Your participation in this process is in the interests of all parties concerned,
especially yours.






Quantum and timing of the dividend payment






The JPLs can confirm that, based on the information available at this time and
their understanding of the level of claims of Bahamian creditors, the quantum of
any dividend payment, whether paid in June 2006 or at a later date (for claimants
whose claims are agreed after 31 May 2006) is likely be 100%.:





Contact Details:



Orry J. Sands and Co. Ltd
P.O. Box N-3827
Nassau, Bahamas





Tel: 242 393 4300
Fax: 242 393 6258





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LOCAL NEWS

ever, is calling on Bahamian
authorities to extradite
February when prosecutor Kozeny to the Czech Repub-
Francis Cumberbatch, on _ lic.
behalf of the US, explained Kozeny first entered the
that country’s accusations and world of finance in the
proposed that Kozeny be Czechoslovak coupon privati-
extradited to the US. sation project in the post-
Roman Polasek, the Czech Communist era in the early
deputy justice minister, how- 1990s.

FROM page one

dering and conspiracy.

attempt to bribe Azeri offi-
cials, Kozeny used money
from his US investors.

g
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Time: 9am-12pm (hourly)

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Place: Linen Department,
: ‘Kelly’s Home Centre

Pam will be glad to answer
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A WO MEE eS

bring into Kelly’s before May 9th, 2006

Name:
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Registration forms also available at Kelly’s, Linen Dept.

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GRAND BAHAMA POWER COMPANY =:
Keeping Grand Bahamas Future right oa
VACANCY NOTICE

Bale

A vacancy exists in the Generation Maintenance Department of Grand Bahama
Power Company, for a Mechanic III.

The duties include but are not limited to performing routine checks to ensure
mechanical and operational worthiness of plant equipment and ensuring cleanliness
of valves, motor, pump, compressors, condensers, coolers and piping in the
Power Plant. The incumbent would also assist in writing of procedures, repairs
and preventative maintenance of all mechanical equipment, while providing
excellent customer service and maintaining the professional reputation and image
of Grand Bahama Power Company.

The applicant will be required to maintain effective communication with co-
workers and upper management, remain abreast of new evolving or changing
technology and maintenance procedures in the electrical power industry and
participate in advancement training. .

The successful applicant must be a Bahamian with High School Diploma and.
BGCSE or GCE ‘O’ level passes in Mathematics, English language, and two (2)
sciences with grade C or above. Applicants must also have a minimum of two
(2) years experience working in mechanical maintenance or the equivalent job
training. ;

Applications with supporting documentation including a clean Police Certificate
and proof of Bahamian citizenship should be sent to:

THE DIRECTOR OF HUMAN RESOURCES
GRAND BAHAMA POWER COMPANY, LIMITED |
P.O. BOX F-40888 ert
FREEPORT, GRAND BAHAMA, BAHAMAS
OR BY FACSIMILE: (242) 351-8008
Email: hrdept@gb-power.com

DEADLINE FOR RECEIPT OF
APPLICATIONS IS FEBRUARY 16, 2006

Grand Bahama Power Company Limited
P.O. Box F-40888, Freeport, Grand Bahama, Bahamas
Phone: 242-352-6611 ¢ Fax: 242-351-8008 U: www.gb-power.com

THE TRIBUNE |.

Date for verdict in Kozeny extradition case

_ PRE we omney

) Ve, HOUSC 3 Stine
elly's "Hore fie 9



a
&

In the US, he has been ,
charged with corruption in the ':.
Azeri oil industry privatisa- ,
tion transaction, involving: :'
accusations of money laun-. : :

It is alleged that in an.



THE TRIBUNE

Teens real
estate today

Carmen Massoni





DON’T you love watch-
ing those home-improve-
ment and makeover shows
on*:HGTV, Discovery
Channel and the like?

They’re encouraging
greater numbers of home-
owners to plan and tackle
their. own “Do It, Yourself”
projects. As a matter of
fact, the US Census Bureau
shows that 20’ per cent. of

improvement costs are ~

reldted to DIY ventures.
There are plenty of great

jobs you..can. handle.on.
your own, dike:interior and |.

exterior painting and land-

scaping. Beyond that; how-.

ever, you have to be-care-
ful and make sure that you
have, the time and the
expertise -that your
improvement demands.

If you begin a project,

and.then find: you have to:

call in professionals to fin-
ish .or fix your work, you'll
end up spending even more
money than you had
platined, which can be dif-
ficult to recoup when you
sell.























Experts stress that major
improvements to your
home’s structure, plumbing
or wiring should be left to

the pros — to protect your

safety, warranties and your
home’s value.

Projects:
A lot of DIY projects

‘often fail to meet codes

and standards.

If you’re serious about
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LOCAL NEWS

FROM page one

that affects marine mammals.

He explained that 96 per
cent of testing done at
AUTEC involves passive
sonar.

“Tt is basically a listening
device at bottom of the sea,”
he added.

Dr Hardt also said that
marine mammal beachings
date back to a time when
there were no submarines
and no sonar testing.

“Beachings date back to
the time of Aristotle,” he
said.

Given that the Bahamas
has thousands of miles of
coastline in a region where

marine mammals migrate |

through and live, he said,
some beachings are to be
expected.

“Worldwide there thou-
sands and thousands of
beachings. In the US alone
we have annually between
3500-4000 beachings on our
shores,” he said.

Dr Hardt explained that








although sonar is among the
top seven causes of beach-
ings, only a small number of
incidents are believed to
have actually been caused by
sonar testing.

“Last year 600,000 marine
mammals were killed in fish-
ing, (animals) caught in nets.
The number of beachings
directly attributed to sonar
is about five per year,” he
said. — 2s

Addressing the criticism
that the US government is
paying “only” $10.8 million a
year for the lease of the base
and the use of Bahamian
waters, while the potential
impact on the country’s life is
still unclear, Dr Hardt
responded by pointing out
the facility’s economic bene-
fits.

In addition to the leasing
fee, he said, the US govern-
ment spends some $3.5 mil-

‘lion in salaries for the

approximately 220 Bahami-
ans it employs.

“There’s also $3 million

(spent in) local purchases.
Overall the economic contri-

bution is in the range of $16-
18 million a year,” he said.
Following last week’s visit
to the naval base by a dele-
gation made up of govern-
ment officials and certain
members of the media, Dr
Hardt said a special day will
be set aside in June for all



COU y ein



the Bahamian press to
meet with experts at
AUTEC.

After this, a town meeting
will also be held in which
Androsians will be able to
ask all their questions and
express their concerns, he
said.



BUT gives assurances of no
further industrial action

FROM page one

stated that precautionary measures have been implemented
to ensure that next week’s BGCSE practical examinations

are not interrupted.

“We are taking every precaution to ensure that the exam-
inations are held and that students who are scheduled to take

them are able to take them,” Mr Sears said.

The next meeting between government negotiators and

the BUT is scheduled for tomorrow.

However, Mr Sears said that “understandably” his concern
is now focused on the conduct of school and the resumption

of the negotiations.

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PAGE 16, MONDA,, MAY 8, 2006 THE TRIBUNE
LOCAL NEWS



















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BRENT Symonette, deputy
leader of the Free National
Movement and MP for Mon-
tagu and the FNM Montagu
Association, hosted a Fun Day
at the Mt Vernon Park for the
people of that community.

On hand to join in the fun
were the deputy leader and Mrs
Symonette, the officers: ‘and
members of the FNM Montagu
branch and a wide cross sepuibn
of residents.

Children of all ages joinatti in
the fun with snow cones, the
bouncing castle, bikes, trikes
and food and beverages for all:

The fun day brought mem-
bers of the community togethier
for a day of recreation and pro-
vides an opportunity to discuss
community issue, events and
matters of importance with their
Member of Parliament.

Pictures above show residents
and branch members enjoying
the bouncing castle, playing
games and relaxing.

Share
your
news

The Tribune wants to
hear from people who
are making news in
their neighbourhoods.
Call us on 322-1986 and
share your story,





















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“JAN FEB MAR

















t

MONDAY, MAY 8, 2006

SECTION



business@tribunemedia.net





Miami Herald Business, Stocks, Analysis, Wall Street

\

Rival City Markets

offers being

@ By NEIL HARTNELL
Tribune Business Editor

major

Trinidad-::

based con-

glomerate and

Abaco Mar-
kets’ principal shareholders are
among the entities planning to
form a buyout group that will
make a rival offer for the
majority 78 per cent stake in
Bahamas Supermarkets, The
Tribune can reveal. ~
- Business community. sources
have confirmed that Neal &

Massy Holdings, the Trinida- |
dian industrial conglomerate:
with investments in sectors:

ranging from retail to financial
services and automotive indus-
tries, is part of a group looking
to structure an offer for the
Bahamian supermarket group;

which operates under the City ,
Markets and Winn-Dixie,

brands.

Fidelity International Bank
& Trust, and its subsidiaries,
are understood to be acting. as)
corporate advisers and struc-.

turing the bid for the group
which, apart from Neal.&
Massy, is also understood. to
have connections to Abaco
Markets, the BISX-listed retail
group.

It is unclear-whether Abaco
Markets ttself-is-involved:in:
the bidding group, or whether.

readied.

Trinidad conglomerate and Bahamian efoups.|
working on bid to beat BK Foods

its major shareholders - such
as chairman and chief execu-
tive, Craig Symonette, and
Frank Crothers - are through a

_ private company that is sepa-

rate from the BISX-listed enti-
ty.

Another company said to be
involved in the bid group is
Barbados Shipping & Trading,
a publicly-quoted company in
Barbados that has a large
retailing and distribution divi-

sion, which includes food prod-

ucts.

It was suggested that Neal
& Massy, Barbados Shipping
and Abaco Markets’ principals
would inject equity into the
buyout group. Neal & Massy is
a major shareholder in Hi-Lo
Foods, a 17-strong supermar-
ket chain in Trinidad, and it is
this company and Abaco Mar-

kets that will be looked on to’

provide management exper-
tise.
Fidelity sources declined to

comment when contacted by,

The Tribune at the weekend.
Bidders seeking to submit a
rival offer to the $50 million

-bid:madé by BK Foods, a-
Bahamian group headed by

ye rrr Corry

\

principals J erome Fitzgerald,
Mark Finlayson and Phillip
Kemp, now have only four
working days in which to sub-
mit their formal offers.

All bids for Winn-Dixie’s 78
per cent shareholding in
Bahamas Supermarkets must
be submitted by Spm on this
Thursday, May 11,

If there are any competing |

offers to BK Foods’ bid, then
Winn-Dixie will hold an auc-
tion on May 15 to:determine
who the winner is. |

The US retail giant is under
Chapter 11 bankrupcty pro-
ceedings in the US, so the like-
ly winner of any auction for
the majority stake in Bahamas
Supermarkets will be; the high-
est bidder - the one who offers
the most money.

Once the winner is\decided,
Winn-Dixie will seek) ‘authori-

sation from the US Bankrupt-
cy Court in J acksonville, Flori-.

da, on May 18 for the sale of its
78.per cent stake. sb

Any rival offer for Bahamas
Supermarkets must:be at least
$51.5 million, beating BK

-Foods*submission by $i.5 mil-*
lion, due to the $1. million sn

-COLINAFINANCIAL.com







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P.O. Box SS-6270 Nassau, Bahamas

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break-up fee Winn-Dixie
would have to pay the latter.
Abaco Markets’ balance
sheet and cash reserves are
nowhere near strong enough
for it to mount a rival bid for
Bahamas Supermarkets on its
own, given the consistent loss-

~ es it has made over the past

four years. It is still busy paying

down the substantial debt load .

incurred during its acquisition
binge during the late 1990s and
early part of this century.

Therefore, it could only
make a rival offer for Bahamas
Supermarkets as part of a

_ group involving much SHON Ber

players.

One source said it should ;
not be surprising that compa- ©

nies in the food retailing busi-
ness should be eyeing Bahama

_ Supermarkets and examining

whether to’ make an offer.
The ‘source added:
shouldn’t be surprising at all. It

would be surprising if it didn’t
happen.”
- Possibly as many as two oth-

er bids could be received for

~ SEE page 5B

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Bahamas fund

chief examined

@ By NEIL HARTNELL
_ Tribune Business Editor

THE head of a former Bahamas-based fund administrator

"has been examined under oath by the court-appointed receiv-

er for a Bahamian investment fund, who is seeking to dis-

{REED IA AeA OE AC

cover the whereabouts of almost Cdn $500 million placed |

into that fund.
Raymond Massi, of RSM Richter, said in his latest update

to investors in the Bahamas-domiciled Olympus Univest °|
fund that he had examined Stephen Hancock, the former

head of Cardinal International Financial Services, which:
acted as the fund admninistrator for that fund.
Cardinal also acted as the administrator for Mosaic Com-

posite, the chief Olympus Univest counterparty, but there is »

nothing to suggest that Mr Hancock has done anything
wrong in relation to either entity. ‘

In his efforts to recover funds for investors, Mr Massi
said he had found $1.4 million in Mosaic Composite assets

that were held:on deposit in the Bahamas by an unnamed |

“third party”. He added that he was now seeking to recover

- these funds.

‘A major chunk of the Olimpie Univest assets identified so
far includes the Cdn $7.2 million holding the fund has in Pre-
mier Real Estate Investment Corporation, the BISX-listed
real estate investment trust, which as a mutual fund owns
Freeport’s First Commercial Centre, plus all of Caribbean

- Bottling’s Bahamian properties.

ANS It ;

long and complicated.

Mr Massi added that he
‘was ‘currently conducting-a

eooren =



Mr Massi said’ “a legal process..... has been initiated to
recover these assets”, but warned that the process would be *

Among Premier Real Estate’s founding directors, although . |
he is no longer on the Board, was Mr Hancock, who was |
_ president and chief executive of Cardinal International.
Given that Premier Real Estate was seeking US $14.153 |
million when it was launched, it is possible that the invest- |
ment by Olympus Univest in the company accounts for
almost one third of its share capital.

__ SEE page SB. eu.

Firm to provide —

entrepreneurs _

‘launching pad’

a By NEIL HARTNELL |

_ Tribune Business Editor

A - NEWLY- established
Bahamian business is aiming to

_ provide. “a one- -stop office” for

aspiring small businessmen and

women, telling The. Tribune its .

‘vitual office’ and other services
would provide a “launching pad”
for Bahamians to transition from

employee to entrepreneur and

take away headaches associated.
with ‘back office’ functions.

Marlo Murphy-Braynen, ‘head
‘of Loram. Corporate & Family

Services, said budding Bahamian

Batcoreaeurs would be able: to

access through her firm “every-
thing you need for your business”,
including Internet and telephone
services for a modest fee.

- She explained that among the

__ services offered by the company

were ‘virtual offices’, providing
an office environment for small
businesses and entrepreneurs to
conduct meetings and confer-
ences in, without them incurring
large. upfront costs to buy their.
own physical premises.

SEE page 5B

‘Cable Bahamas

in share buyback

@ By NEIL HARTNELL
Tribune Business Editor
CABLE Bahamas’ has

announced a share buyback
plan that will see the company

repurchase up to 200,000

shares on the Bahamas Inter-

national Securities Exchange

(BISX), a move that is likely to

be intended to send signals that

the company believes its stock
is undervalued.

- The formal share buyback,
a first for the Bahamian capital
markets, will see Cable
Bahamas repurchase its shares

“at prices to be determined”



by its Board of Directors
“from time to time”. The buy-
back can start when trading
opens on BISX this morning.

“Management has been
authorised to determine when
the plan should commence,
and may at its discretion ter-
minate the plan at any time,”
Cable Bahamas said in a state-
ment.

Capital markets analysts sug-
gested that Cable Bahamas’
move may be designed to indi-
cate to the market that the

SEE page 4B








consulting







@ By Fidelity Capital
Markets

t was another blistering
hot trading week in the
Bahamian market, as
over 65,000 shares
changed hands. The market
saw 13 out of its 20 listed
stocks trade, of which seven
advanced, two declined and
four remained unchanged.
. The volume leader for the
week was Colina Holdings
Company (CHL), with 17,846
shares changing hands,
accounting for 27 per cent of
the total shares traded. The big
advancer for the week was
Tthe Bahamas Property Fund
(BPF), up $0.30 to close at a
new 52-week high of $11.
Commonwealth Bank
(CBL) also recorded a new 52-
week high of $10.40, gaining
$0.24 to end the week at
$10.40. On the down side,
Cable Bahamas (CAB)
declined by $0.15 to close the
week at $9.

\




t)

FOREX Rates

a
i

}CAD$ —
. GBP
; ‘EUR

%
I.

‘Commodities



Ih

‘|-Crude Oil
Gold

International Stock Market Indexes:

DJIA
S&P 500
“NASDAQ
‘Nikkei



| Cit



| Business Head.

‘International Markets

group,
corporate and
investment banking

| CITIBANK N.A., NASSAU,
| BAHAMAS BRANCH ~

PAGE 2B, MONDAY, MAY 8, 2006

The FINDEX increased by
1.51 points to end the week at
632.50.

COMPANY

J. S. Johnson Company

(JSJ).- .

For fiscal 2005, JSJ posted
net income of $4.4 million,
which represents a decline of
$442,000 or 9.09 per cent ver-
sus $4.8 million in 2004. Earn-
ings attributed to common
shareholders declined modest-
ly year-over-year to $4.5 mil-
lion.

Total income declined by
$191,000 to total $23.3 million,
while expenses increased by
$250,000 or 1.34 per cent to
total $18.9 million. Earnings
per share declined by $0.01 to
stand at $0.56 as at December
31, 2005.

In related news, J. S. John-
son Company will hold its
Annual General Meeting on
May 29, 2006, at 6pm at Radis-
son Cable Beach & Golf






Weekly % Change
1.1062 ~ "20.95
1.8593 1.86
if .2728 0.78
Weekly % Change
$70.04 -2.30
$685.70 451








Weekly %Change
11,577.74 1.85
1,325.76 114
2,342.57 0.86
17,153.77 1.46









| Mrs. Juliet Taylor, Customer Service Supervisor, for being
the recipient of the “Team Member of the 1St Quarter 2006”
Award. Juliet was chosen by her colleagues for her outstanding.
contributions and tireless efforts. We encourage you to keep
| up the great work! L to R— Mrs. Pearlene Moxey, Operations
Head; Mrs. Juliet Taylor and M

"

r. Luis Carlos Ochoa,

Resort, Nassau, Bahamas.

Benchmark (Bahamas)
(BBL) -

BBL management, via a
press release, announced net
income of $906,000, which rep-
resents an increase of $180,000
or 25 per cent over the
$726,000 achieved in 2004.

Earnings per share increased
by $0.03 to total $0.18, while
book value per share grew by
$0.16 to total $1.04. Alliance

. contributed $487,000 to BBL's

bottom line, while Benchmark
Advisors and Benchmark con-
tributed -$9,000 and $429,000
respectively.

Consolidated Water

Company (CWCO) -

For fiscal 2005, CWCO post-
ed net income of $5.5 million,
down $683,000 or 11 per cent

year-over-year. However, 2004

results included a non-recur-

ring insurance recovery of

$591,000.

Total revenues increased by
$2.9 million or 12 per cent to
total $26.2 million, while cost

of sales grew by $2.2 million

or 16 per cent to total $15.8
million. Expenses also rose by
$1 million to total $6.1 million,

compared to $5.1 million in
2004.

~ Operating income for fiscal" | ~
2005 was $4.2 million versus .

$5 million in 2004. Basic earn-
ings per share declined by

$0.07 to total $0.47 compared |

to $0.54 in 2004. Return on
shareholders equity stood at
9.28 per cent as at December
31,2005; compared to'12.8 per

cent in 2004. In related news,

for those CWCO-BDR holders
who might be interested, Con-
solidated Water'Company Ltd
(CWCO) will hold its Annual
General Meeting on May 10,

.2006, at 10am at the Courtyard ~ : (

Marriott Resort, Grand Cay-
man, 1590 West Bay Road,
Seven Mile Beach, Grand Cay-
man.

Cable Bahamas (CAB) -

Management of CAB has

announced that its Board of
Directors have agreed to

- repurchase up to 200,000 Cable

Bahamas shares in the regular

market on.BISX, at prices to =

be determined by the Direc-

tors from time to time. The _

commencement of the repur-
chase exercise on BISX is
scheduled to begin on May 8,
2006. .

Venture capital |,

fund's first $1m
is 90% allocated

m@ By CARA BRENNEN ©
‘Tribune Staff Reporter

NINETY per cent of the

“first $1 million allocated to the™

Government-created venture
capital fund to aid small busi-




ness financing has already been

‘ distributed, the Minister of
‘- Financial Services and Invest-

ments told the second annual’

“sniall business forum. *

- Vincent Peet said this $1 mil-_
lion came out ofthe 2004-2005 -

Budget and, as of January

2006, almost all had been allo- -

cated to Bahamian entrepre-
neurs.

The second $1 million -
tranche; which made available _

in this year’s 2005-2006 Bud-
get, is now starting to be dis-
tributed, and already seems to
be “ highly subscribed”, said
Mr Peet.

“Tt is a step in the right direc-

tion,” he added.
‘Mr Peet officially opened
the forum_at the College of the

Bahamas, telling participants

INTENT TO CHANGE NAME BY DEED POLL
The Public is hereby advised that I, DELORES BEATRICE
| FORBES, of P.O. Box N-4166, Nassau, Bahamas, intend ,
to change my name to BEATRICE CHARISSA FORBES.
| If there are any objections to this change of name by
Deed Poll, you may write such objections to the Chief
Passport Officer, P.O.Box N-742, Nassau, Bahamas no
later than thirty (30) days after the date of publication of










this notice.

| FINDEX 632.50 YTD

THE TRIBUNE



Daa

_ CLOSING CHANGE VOLUME

PRICE |

S071 oo 0.

ost
$0.70 -—
$7230
$11.00.
$14.00.

Be $1.27 ©

that the Government intends

to launch an educational. cam-
paign to highlight the incen-

tives, concessions and oppor-

joint ventures with foreign
investment projects.

_ Belief

Mr Peet said the belief that
Bahamians are not given the

same concessions as. foreign :
investors is\“‘a major.miscon-

ception” that, needs clearing
up rapidly. PR

“It is important to clear this
up, because Bahamians are

~ given more concessions than

foreigners,” he added.

The Government plans.

strengthen a comprehensive




FAMGUARD

The Board of Directors

FamGuard Corporation Limited
is pleased to advise that
the first quarterly dividend
for 2006
~ “of 6 cents per share
has been declared
to be paid on
May 19, 2006
to Shareholders of record
as at May 15, 2006

FAMGUARD CORPORATION LIMITED
The parent holding company of
Guardian Insurance:



Consultants Limited
Limited

“tumities available in the small . .said_-.--:+

- business sector, and encourage





support system, in conjunction
with financial institutions, to’
provide even greater technical
support and training, Mr Peet
Along with these incentives,
he‘added that the: Government
was redoubling its efforts to
reduce the red tape that hin-
ders small business growth. |

_. Mr Peet said the trade show
was particularly encouraging

at a time when the business cli-
mate was becoming more
demanding, and factors such

_as global competition, market

trends and advances in infor-
mation technology was restrict-
ing the way the country did
business.” ce Ao
Mr Peet encouraged busi-
ness owners to ensure they
received good advice and guid-
ance in developing sound,
workable business plans, and

~ to ensure their cash flow can

sustain their business idea for
about three months. After that,
he told them, they can revert to
the relevant financial institu-
tions for assistance.

The two-day event was held
in conjunction with the Min-
istries of Finance, Agriculture
and Marine Resources, Finan-
cial Services and Investments,
the College of the Bahamas,
the Chamber of Commerce,

‘The Small Business Associa-

tion, the Bahamas Light Indus-

try Council, the Bahamas |

Agricultural Producers Asso-
ciation, BAIC and_ the
Bahamas Development Bank.

your

| hews

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
SCOT. (0 MUSE saan eeac





THE TRIBUNE

MONDAY, MAY 8, 2006, PAGE 3B



ee US

Construction boom hits straw

x

ai

>.
oe

vendors’ materials supply —

By CARA BRENNEN
Tribune Staff Reporter

THE current construction
boom could threaten the liveli-
hood of Bahamian straw and
craft vendors through more
bush areas being cleared away,
limiting the availability of the
raw plant materials needed for
their products.

Speaking with The Tribune
at the second annual small
‘business forum, Emily Rah-

Minister

Tribune Staff Reporter



THE Bahamas needs to do

‘something “quick”, because
‘the amount of produce being
‘imported by hotels and the
‘tourism sector has been detri-

-mental to Bahamian business- -

‘men, a government minister
‘said. ;

Leslie Miller, the minister

-of agriculture and marine
‘resources, told participants at
‘the second annual Small Busi=
-ness Forum Trade Show that
‘the challenge his ministry faces
‘is “to create a business envi-
ronment that ensures that fish-
-ermen and farmers can take
advantage of the opportunities

’ in the local and export mar-

ket”.

>. Mr Miller said it was impor-
tant that the ourism industry
not be allowed to continue
bringing in food and fish prod-
ucts to the detriment of
Bahamians. He questioned
who, if an investor built a mul-
ti-million dollar hotel but did
not use Bahamian labour, was
the real beneficiary.

ming, of the South Andros
Handicraft and Manufacturers

Association, said the increased.

level of development was
affecting their ability to go out
and get the materials they
need.

“What is happening is with
the development as it is com-
ing on stream, a lot of our
palms are being mowed down,
and that is something that we
have to try and get government
legislation to protect,” she said.

Ms Rahming added that the
Bahamas should also find ways
to “farm” palms and other
natural materials, so that there
remains a constant supply for
handicraft manufacturers.

Challenge

She said that another major
challenge vendors faced was
the lack of appreciation by
Bahamians as to the time, skill
and labour which goes into

seeking hotels to
‘sponsor’ Bahamian farms

‘g By CARA BRENNEN

In all the investment projects
that come into the country,
Bahamians should come first
and foremost, he said.

Mr Miller said his ministry
remained committed to.ensur-
ing that Bahamians tap into
the tremendous opportunities
that are available in replacing
imported products with those
that are home-produced.

“There is no reason why
import substitution entities
shouldn’t flourish in this coun-
try,” he added.

Mr Miller said his ministry
was trying to launch an initia-
tive where hotels could adopt
Bahamian farms. This would
create a mutually beneficial
arrangement, giving Bahami-
an farmers a guaranteed mar-
ket for their produce.

Mr Miller said another prob-
lem affecting small business
owners was the fact that, by
and large, Bahamians did not
support Bahamian-made or
grown products.

“We have many hurdles to
overcome if the small man in
this country is to gain any
foothold in the economic life of

LEADING LAW FIRM

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in the areas of Conveyancing and Litigation, demonstrate
an ability to work independently and possess a thorough
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Successful applicants can look forward to competitive

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Apply in confidence to:

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Nassau, Bahamas
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The Federal Republic

our country,” he said.

“I believe that you as con-
sumers, and the Government
in particular, who is the great-
est purchaser of goods in the
Bahamas, need to be more
conscious of the needs of those
trying their best to make a dif-
ference in our country.”

Mr Miller also vowed that
his ministry will be putting a
stop to a practice used at some
stores, which is to stock up on
international produce so that
they do not have ‘to purchase |
domestic supplies.

“You know what the store
does; they bring in an abun-
dance of onions, so that when
the onions from Andros are
produced they don’t have to
carry them because onions can
last a long time. That will stop,
I assure you of that,” Mr Miller
said.

making their products.

’ “Some products, Bahamians
think that if it is foreign it is
better, but they don’t appreci-
ate the art of crafting these
products,” she said.

Ms Rahming noted that this
lack of appreciation by
Bahamians makes it challeng-
ing for vendors to price their

. goods correctly, because some
persons are not willing to pay
the money.

The Bahamas Vocational

and Technical Institute (BTVI)
had done a tremendous job in
ensuring that there remains a
skilled talent pool in the indus-
try, she added.

However, it is also the
responsibility of those in the
field to train young people. Ms
Rahming said her Association
has held a number of sessions
on straw work and raffia
design, and has worked with
the Ministry of Youth summer
programme.

Support from the private
sector was another challeng-
ing area for craft vendors » °

Ms Rahming said: ““We have
to find a way to get into those
places, get them using our
products. Some places are
coming around, but the com-

petition from the foreign prod-.

ucts is pretty high.” -
She added that often, some
crafters will resort to selling
nogn- Bahamian items to sup-
plement their income. ©.”

POSITIONS AVAILABLE FOR |
SENIOR ASSOCIATES

PricewaterhouseCoopers has vacancies for qualified accountants whose *
qualifications make them eligible for membership in the Bahamas Institute
of Chartered Accountants., Prospective candidates should have at least three :-
(3) recent years of public accounting and auditing experience and be computer
literate.

The positions offer challenging work in the financial services industry and -
other areas of industry and commerce. The salary scale, which recognizes - s
different levels of experience and skill, is designed to reward high performance. |
In addition, the Firm provides excellent medical insurance and provident

fund benefits.

Please submit your application with Curriculum Vitae to:

Human Resources Partner

PricewaterhouseCoopers
P.O. Box N-3910
Nassau, The Bahamas

Are you looking for a new challenge?,



We are currently seeking talented and highly motivated candidates to join our Information Technology (“IT”) Services and |
Information Risk Management (“IRM”) practices. ;

IT Services and IRM Associate

Successful candidates for the dual role of IT Services and IRM Associate will have a minimum of a Bachelor's degree from
an accredited institution and one to. two years of experience. Exceptional writing and documentation skills are required.
Experience with Active Directory, TCP/IP, network and application security skills, and backup software preferred. Duties will
include technical support for staff, management of backend IT infrastructure, IT audit compliance testing, change
management recording, and security documentation. MCP and/or CCNA certification and experience preferred.

This is an excellent opportunity to broaden your professional experience in a varied practice that offers competitive
compensation and benefits packages.

hE NA ig TURAN St RE TE LER PRN aE SE hn Ere 5
Applicants should submit a cover letter, resume, copy of their transcripts and copies of any relevant certifications, to: KPMG, Human Resources Manager, P.O.
Box N123, Nassau, Bahamas or tdavies@kpmg.com.bs.

AUDIT * TAX » ADVISORY

© 2006. KPMG, a Bahamian partnership, the Bahamian member firm of KPMG International, a Swiss cooperative. All rights reserved.

Bis.

Pricing Information.As Of:
2006 Z








Colina

Financial Advisors Ltd.



























































40.00 Caribbean Crossings (Pref)

-0.084 NM

During this period the Honorary Consul will

be able to review applications for Schengen

Pe
b f ( : 52wk-Low

O ermany : 0.59 Abaco Markets Ovi 6.00 “O.019 6.000 NiM
a 44.00 8.50. Bahamas Property Fund 171.00 11.00 0.00 1.568 0.360 7.0
' 7.24 6.26 Bank of Bahamas 7.23 7.23 0.00 0.643 0.330 11.2
b 0.85 0.70 Benchmark 0.70 0.70 0.00 0.183 0.020 3.8
i , 1.80 4.24 Bahamas Waste 1.27 1.27 0.00 0.110 0.060 14.3
4 5 4 j 1.24 1.04 - Fidelity Bank 1.24 1.24 0.00 0.175 0.050 6.2
, The Public is advised that effective 2.60 8.00 Cable Bahamas 9.00 9.00 0.00 0.565 0.240 15.9
" 2°20 1.39 Colina Holdings 4.67 1.67 0.00 -0.067 0.000 NM
Â¥ Z 2 ffi h 40.40 8.49 Commonwealth Bank 40.30 10.40 0.10 3,871 0.931 0560 11.2
: immediately, the new office hours are as 5.77 412 Consolidated Water BORs 5.77 5.75 -0.02 0.091 0.045 637
' 2:88 1.51 Doctor's Hospitat 2.46 2.46 0.00 0.437 0.000 5.6
‘ foll . 6.21 4.02 Famguard 6.20 6.20 0.00 0.539 0.240 14.5
> OLLOWS: 44.25 10.40. Finco 11.25 411.25 0.00 0.738 0.540 15.2
‘ 42.00 8.46 FirstCaribbean 412.00 12.00 0.00 0.874 0.500 13.7
; 10.42 7.93 Focol 10.42 10.42 0.00 0.833 0.500 125
b 4.27 1.45 Freeport Concrete 1.15 4.45 0.00 -0.162 0.000 N/M
b 10.20 9.50 ICD Utilities 9.50 9.50 0.00 0.526 0540 18.14
6 _3- ~d4: 9.10 8.22 J... Johnson 9.00 9.00 0.00 0.572 0.560 15.7
Tuesday 2:00 pm 4:00 pm 7.98 5.30 Kerzner Intemational BDRs 7.98 7.98 0.00 172 (0.184 0.000. 59.6
10.00 10.00 ier RealEstate ; BOOO $000 ie | 1000 i 2.036 0.585 4.9
b Thursday - 2:00 pm - 4:00 pm EOC OUY CE ee ——aua“>#éeéa“a MO OO(—"”1(|"("("("(@("n"—
t S2wk-Low Bid $ Ask $ Last Price Weekly Vol EPS$ Div $ P/E
» 13.25 {2.25 Bahamas Supermarkets 14.00 1.917 0.720 7.2
f : : 0.000 0.800 NM
‘

»

e |-

b

»

b

$

i‘



1.285819”
2.6570 *** E : ‘
2.356042**

Colina Money Market Fund
Fidelity Bahamas G & | Fund
Colina MS! Preferred Fund

Colina Bond Fund

: Visas, Passports and other Consular Matters.





YIELD - fast 12 month dividends divided by closing pric
Bid $ - Buying price of Colina and Fidelity 3
Ask $ - Selling price of Colina and fidelity

Laat 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

Psiviton +e TNS ME ESM IT POSTEO SEO
BISX ALL SHARE INDEX - 19 Dec 02 000.00
52wk-Hi - Highest closing pride in last 52 weeks
S2wk-Low - Lowest closing price in tast 52 weeks
Previous Close ~ Pravious 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
DLV $ - Dividends per share paid in the fast 12 months
P/E - Closing price divided by the last 12 month eamings
**. AS AT APR. 30, 2006/ **** - AS AT MAR. 31, 2006
“= AS AT APR. 28, 2006/ *** ~ AS AT FEB. 28, 2006

25

Es oS

Please also be advised that the office is situated

in Alliance House on East Bay Street.

Ss



SX KKK







PAGE4B, MONDAY, MAY 8, 2006



DOCTORS HOSPITAL
HIP AND KNEE
_ REPLACEMENT
~ CONSULTATIONS

Date: Tuesday, May 9
Time: 2:00.pm — 6:00 pm

‘FOR AN APPOINTMENT
: CALL 302-4684



And he had one here.

Do you have daily joint pain? Do you’

suffer from severe Osteoarthritis? Does
your pain affect your daily activities? Do
you have stiffness of your knee or hip
joint?

~ Dr. Jimmy Lee M.D., F.A.C.S., Orthopedic

and Total Joint Replacement Surgeon will

be conducting his monthly Total Joint (hip _

and knee) Replacement Consultations at
the Doctors Hospital Sessional Clinic.

Join the many patients who lead an active

lifestyle and now live pain free.

| For. more information; or to’schedule an

appointment call Doctors Hospital’s

_ Sessional Clinic at (242) 302-4684.







a eee



“ DELTEC BANK & TRUST LIMITED

OPERATIONS ADMINISTRATOR

Responsibilities will include (but are not limited to):

Trade processing, settlements & payments
Cash and Broker reconciliations

The successful candidate should have:

Minimum of Associate degree in Accounting,
Banking or Finance

At least three years back office experience in trade
processing, settlement and broker reconciliations

Completion of the Series 7 course would be a plus.

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

Interested persons may submit resumes as follows:

Human Resources Manager
Deltec Bank & Trust Limited

P. O. Box N.3229
Nassau, Bahamas

Resumes may also be faxed c/o 362-4623 or emailed to

anh@deltecbank.com.

PLEASE NO PHONE CALLS





“THE TRIBUNE



Cable Bahamas
in share buyback

FROM page 1B

company believes its share
price on BISX undervalues the
company.

The firm’s confidence in its

~ own performance and poten- '

tial share price appreciation

should further boost investor —

taith in Cable Bahamas, while
the buyback is also another
way - apart from dividends -

for the company-to return cash~~

and profits to shareholders.
One source said: “It’s. a good

move for them. It signals ‘to

the market that the price

should. be much-higher;that——.-Mzr-Paddick-said-average—~

there is more upside in the
stock.”

Shares

The amount of shares.

_ involved in the share buyback

is relatively small, given that
the company has 20 million
outstanding and issued ordi-
nary shares, yet still significant
when measured against BISX
trading volumes.

Cable Bahamas’ shares
closed at $9 on BISX at the
end of Friday: trading, follow-
ing a fiscal 2005 during which it
generated $11.3 million in net
income, based on $57 million
in revenues anda $26.7 mil-
lion operating profit before
write-offs.

Writing in the company’s
2005 annual report, Brendan
Paddick, Cable Bahamas’
chairman and chief executive,
said that had it not been for
the one-time $2.36 million
write-Off analogue set-top box-

es, the company would have

‘generated $0.69 in earnings per

_ share during 2005, as opposed

to $0.57.
The former figure, Mr Pad-

~dick-added,-would-have repre="~

sented.a 21 per cent increase
over 2004. He said the compa-
ny’s operating margin for fiscal
2005 was 46.8 per cent.

revenue per residential cus-
tomer had risen to $73.68 in
2005, compared to $45.20 in
2000, with overall subscriber

~mumbers up by 37 per cent
~ over that period:

He told Cable Bahamas
“shareholders: “By continuing
to launch new and enhanced
products, we believe we have
the potential to achieve double
digit revenue and operating
cash flow growth for years to
come, without significant rein-
vestment in our core network
infrastructure.

“We plan to employ this
cash flow in two primary ways:
reinvesting in our business to:
drive future growth and return-
ing capital to our sharehold-
ers.’

Independent Auditor’s Heport
to the members of Standard Chartered PLC

We have audited the Group (Standard Chartered PLC arts
subsidiaries) and Company (Standard. Chartered PLC) financial
statements (together referred to as the “financial statements’) for
the year ended 31 December.2005:which comprise the Group
Income Statement, the Group:and Company. Balance Sheets,

the Group and Company Cash Flow Statements, the Group and
Company Statements of Recognised Income and Expense, and
the related notes. These financial statements have been prepared
under the accounting policies set out:therein. We have also
audited the information in the Directors’ Remuneration Report

that is described as having been audited.

This reportjs made solely tothe Comipany's members. asa

* body,in:accordance with section 235 of the Companies Act
1985; Our/audit;work has been'undertaken so that we might ©
state. to the Company’s. members those matters we are required
to state to them in an auditor's report and for no other purpose.
To the fullest extent permitted bylaw, we do not accept or

| assume responsibility to anyone other than the Company and
the Company's members as a body, for our audit work, for this
report, or. for the opinions we have formed.

Respective responsibilities of directors and auditors

The directors’ responsibilities for preparing the Annual Report,
the Directors’ Remuneration Report and the financial statements
in accordance with applicable:law and international Financial
Reporting Standards (IFRSs) as adopted ’by the EU.are set out
in the Statement of Directors’ Responsibilities on page 62.

Our responsibility is to audit the financial statements and the
part of the Directors’ Remuneration Report to be audited in
accordance with relevant legal and regulatory requirements
and International Standards on Auditing (UK and Ireland).

We report to you our opinion as to: whether ‘the financial.
statements give a true.and fair view and whether the financial
statements and the part of the Directors’ Remuneration Report —
to be audited have been properly prepared in. accordance

with the Companies Act 1985 and, as regards the financial
statements, Article 4 of the IAS: Regulation. We also report to
you if, in-our-opinion;-the-Birectors'Report-is-not-consistent.with .—
the financial statements, if the Company has not kept proper
accounting records, if we have not received all the information
and explanations we require for our audit, or if information
specified by law regarding directors’ remuneration and other’

transactions is not disclosed.

We.review. eather ihe Co loae Gaefate: Seanariaad
the Company’s compliance with the nine provisions of the 2003

Basis. of audit opinion

We conducted our audit in accordance with International
Standards on Auditing (UK and Ireland) issued by the Auditing
Practices Board. An audit includes examination. on a test basis,

Mr Paddick said Cable
Bahamas had invested $24 mil-
lion in capital expenditure in
2005, including $4 million in
building its Oceans Digital TV
platform. A further $7 million
was invested in network exten-
sions, a $1.5 million capacity

upgrade and $3 million in’
. “broadening our market pres-

ence in the Bahamian telecom
sector”.

Generated

Cable Bahamas’ Coralwave
Internet business generated

$162 million in revenue during’

2005, a 27 per cent increase
over 2004. Describing it as the
“premier” Internet service in
the Bahamas, Mr Paddick said
subscriber numbers had risen
by 22 per cent in 2005, growing
from 24,474 to 29,902.

Monthly-recurring revenue
from the Internet business rose
to $1.5 million at year-end,
compared to $1.2 million at
year-end 2004, a 25 per cent _
rise representing an extra $3.6 .
million in revenue.

The data services provided
by Cable Bahamas’ two affili-

\

A

4
!

i

,

ates, Caribbean Crossings and °:

Maxil Communications, saw
revenues grow by 25 per cent
in 2005, from $5.7 million to

:

$7.1 million, in “a break out ‘

year”.

We read Tate aaa contained in the Annual Report

. and. consider whether it is consistent with the audited financial
statements. We consider the implications for our report if we
become aware of any apparent misstatements or material
inconsistencies with the financial statements. Our responsibilities
do not extend to any other information.

of evidence relevant to the amounts and disclosures inthe



Opinion
\n our opinion:

2005; and

FRC Combined Code specified for our review by the Listing Rules

of the Financial Services Authority, and we report if it. does not.
We are not required:to consider whether the Board's statements
on internal contro! cover all risks and controls, or form an opinion
on the effectiveness of the Group’s corporate governance
procedures or its risk and control procedures:

At 31 December:2005

KPMG Audit Pic
London

Registered Auditor
2 March 2006

Consolidated Balance Sheet

Chartered Accountants

financial statements and the part.of.the Directors’ Remuneration
Report to be audited. It also includes, an_assessment of the.
significant‘estimates and judgments made by the directors

in the preparation of the financial statements, and of whether
the accounting policies are appropriate to the Group’s
and Company's circumstances, consistently applied and
adequately disclosed.

We planned and performed our audit so as to obtain all the -
information and explanations which we considered necessary

in order to provide us with sufficient evidence to give reasonable
assurance that the financial statements and the part of the
Directors’ Remuneration Report to be audited are free from
material misstatement, whether caused by fraud or other.
irregularity or error. In forming our opinion we also evaluated

the overall adequacy of the presentation of information in the
financial statements and the part of the Directors’ Remuneration "
Report to be audited.

iy

A

the Group financial statements give a true and fair view, in \ ,
accordance with IFRSs as adopted by the EU, of the state of :
the Group's affairs as at 31 December 2005 and of its profit

for the year then ended;

the Company financial statements give a true and fair view,

in accordance with IFRSs as adopted by the EU as applied
..-in-accordance with-the provisions of the Companies Act

1985, of the state of the Company's affairs as at 31 December

* the financial statements and the part of the Directors’
Remuneration Report to be audited have been properly
prepared in accordance with the Companies Act.1985 and, as

__-regards _the-financial-statements;Article-4 of-the/AS Regulation.











i
f
| peti oem ere
Assets
| Cash and balances at central bates a1 8.012 3.960
Financial assets held at fair value through pon or loss 14 10.333 4,744
| Derivative financial instruments x 15 9.370 =
| Loans and advances to banks 16,19 21.701 16.687.
Loans and advances to customers 17,19 111.791 72,019
Investment securities 21 37.863 33,611
Interests in associates 22 128 =
Goodwill and intangible. assets - 24 4,321 2.353
Property, plant and equipment 25 1.644 555
Deferred tax assets. * 26 498 318
Other assets 27 7.163 11,597
Prepayments and accrued.income © 2.272 1.280
Total assets 215.096 147,124
Liabilities
Deposits by banks 28 18.834 15,162
Customer accounts 29 119.931 85,093
Financial liabilities at fair value through profit or loss 30 6.293 2,392
Derivative financial instruments = Bah loa io ene tite =
"Debt securities in issue EOE SE NR a ate 31 25.913 11,005
Current tax liabilities 283 295
Other liabilities 33 8.446 14,789
Accruals and deferred income 2.319 1.321
Provisions for liabilities.and charges 34 55 61 -
Retirement benefit obligations 35 476 169
Subordinated liabilities and other borrowed funds 36 10,349 6,768
Total liabilities 202.763 137,055
Equity
Share capital and share premium 37 5.638 3,802
Reserves and retained earnings 38 _ 6.244 5.303
Total parent company shareholders’ equity 44 882 9,105
Minority interests ; 39 454 964
Total equity 12.333 10.069
Total equity and liabilities 215.096 147,124

As more fully explained in note 55, financial instrument accounting is determined on different bases in 2005 and 2004 due to the

transitional provisions of IAS 32 and 39.

These accounts were approved by the Board of Directors on 2 March 2006 and signed onits behalf by:

B K Sanderson
Chairman

E M Davies
Group Chief Executive

P A Sands

Group Finance Director

Interested persons may obtain a complete copy of the Audited Accounts
from SG Hambros Bank & Trust (Bahamas) Limited; P.O. BoxN-— 7788,
West Bay Street, Nassau, Bahamas.

Ae

4



THE TRIBUNE

MONDAY, MAY 8, 2006, PAGE 5B ~:



Bahamas fund chief examined under oath

FROM page 1B

forensic review of the books,
records and activities of Olym-
pus Univest and its parent, the
Canadian-based Norshield
Group of Companies.

Mr Massi said: “We are
making excellent progress in
this area, and are now focusing
our efforts on analysing the in-
flow and out-flow of funds in
various companies, including
Olympus United Bank & Trust
in Barbados, Olympus Univest
and Mosaic Composite in the
Bahamas, through which we
have determined that most of
the investors’ funds ultimately
flowed...

“Our forensic activities Have
permitted us to identify signif-
icant redemption
payments/transfers to a num-
ber of entities which we believe
are related entities.

“These redemptions
occurred during 2002, 2003 and
2004, and are of particular con-
cern to the receiver. We are
continuing our work to deter-
mine the legality of these trans-
actions, as well as whether the
recovery of the funds can be
achieved from the recipients.”

In addition, Mr Massi said
he was actively assessing
whether to bring legal pro-
ceedings and damages claims
against “officers, directors,
auditors, lawyers, consultants
and advisors, financial institu-
tions and other parties” that
could have failed in their fidu-
ciary duties to investors, or

“participated in inappropriate

transactions”.

Mr Massi was appointed as
joint liquidator of Olympus
Univest on February 6, 2006,
along with Bahamian accoun-
tant, Clifford Culmer of BDO

Mann Judd.

He and Mr Culmer were
also appointed by the Bahamas
Supreme Court as joint liq-
uidators of Mosaic Composite.

A previous report by Mr
Massi, filed with the Canadi-
an courts, had revealed how
John Xanthoudakis and Dale
Smith, Norshield’s leading
executives, had claimed they
were unable to identify the
beneficial owners of BICE
International, a Bahamian
company that was the Olym-
pus Univest’s majority share-
holder and put the fund into
what was initially a voluntary
liquidation.

The duo also claimed they
were unable to identify the
beneficial owners of Mosaic
Composite, and neither Nor-
shield nor Cardinal Interna-
tional had been able to supply
the liquidators with a copy of

the investment agreement
between Olympus Univest and
Mosaic.

Xanthoudakis had also failed
to provide “information and
documents” on Cardinal Inter-
national’s activities as the
Olympus Univest fund’s
administrator.

In another implicit criticism
of Cardinal International’s role
in the affair, Mr Massi again
told investors last week that
the net asset value (NAV) cal-
culations for Olympus Univest
- for which Cardinal was
responsible for as administra-
tor - resulted in redemption
values that were overstated,
while subscription prices were
also overvalued.

Some $307 million of Olym-
pus Univest funds were placed

-into other Bahamian funds

known as the Channel Enti-
ties.



FROM page 1B

Mrs Murphy-Braynen, who set
up Loram with. business partner
and operations director Tyrone
Greene, said the company would
“virtually serve as the head office
of businesses that.can’t afford or
don’t want to have right now”
their own office.

She added that Loram aimed
to provide entreprenurs with “an

- environment that is free, accessi-
ble and makes you think you can
do it.

“That’s what we’re trying to
say: here’s a company that can
help you make the transition from
employee to employer”.

While many Bahamians had
high expectations of what they
wanted to achieve in their per-
















NOTICE

‘NOTICE is hereby given that DAVID EDWARD JENNETTE,
#57 SEA VIEW LN, P.O. BOX F-40287, FREEPORT, GRAND
BAHAMA, BAHAMAS i 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 8TH day of MAY, 2006
to. the Minister responsible for Nationality and Citizenship,
P.O.Box F-41085, Grand Bahama, Bahamas.:

’ PUBLIC NOTICE |
INTENT TO CHANGE NAME BY DEED POLL

The Public is hereby advised that |, KENNEAIL KEVERIO
SMITH, of P.O. Box N-792, the Eastern District of
Nassau, Bahamas, intend to change my name to
KENNEAIL KEVERIO JOHNSON. If there are any

sonal life and caréers, Mrs Mur-
phy-Braynen said many had been
unable to make the switch from
their job to becoming an entre-
preneur.

Bahamian saciety was heavily
consumer-oriented, with many
people having made a high level
of personal commitments in the
short to medium-term. :

Mrs Murphy-Braynen said:
“Bahamians have not launched
into business ownershhip as
expected. They’re going away to
get an education, but then they
get stuck in jobs because of their
commitments.”

Loram, she added, aimed to
reduce the risks involved with
making the employee-employer
transition. Mrs Murphy-Braynen
said: “Few people have a solid



launching pad to test their busi-
ness ideas before they leave their
job, and jeopardise the obliga-
tions and commitments they
already have.”

She explained that Loram
“wants to start” with business set-
up services, aiding entrepreneurs
with obtaining their business
licences, company formation,
establishing corporate bank
accounts and developing the busi-
ness cards and image they want-
ed. Scanning, e-mailing and pho-
tocopying services were also avail-
able. “A lot of people don’t know
where to start, that’s the first

thing,” Mrs Murphy-Braynen said .

of the difficulties. Bahamians
experience when trying to start
their own business. “You need to
know what agencies to interface
with. It’s cumbersome, time con-
suming and fragmented.”
Loram, though, “saved you the
hassle of interfacing with all these
organisation”, Mrs Murphy-Bray-
nen added, saying it sometimes
took weeks to set up in business.
Loram offers three virtual
office packages to its clients - Per-
sonal Work Area; Home Office;
and a third package that ties these








NOTICE

| NOTICE is hereby given that SAUVEUR DECIUS OF

WINDWARD ISLES, GOLDEN GATES, P.O. BOX SS-19955,
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 1ST day of MAY,
2006 to the Minister responsible for Nationality and

three things together.

An accountant -by profession,
Mrs Murphy-Braynen said she
had always wanted to start her
own business in accountancy ser-
vices. However, rather than just
be involved at the end of the
process by auditing financial fig-
ures, Mrs Murphy-Braynen said:
“We wanted to impact the num-
bers by more interaction with the

‘people generating the numbers.”

Loram, she said, could provide
payroll and spreadsheet services
for entrepreneurs, and do
accounting and other back office
work, “taking that burden off
you”.

Mrs Murphy-Braynen said

Loram’s services would save small
businesses time and money,
allowing them to “focus on what
you’re doing well, and leave your
back office services to us, which is
what we do well”.

She added that Loram would
also provide one-on-one consul
tations and family planning ser-
vices for families, enabling
Bahamians.to make their finan-
cial dreams a reality once they
were generating money from
their businesses.



Rival City Markets |
i Commroretem eer leCres

FROM page 1B

Bahamas Supermarkets, The

-Tribune understands, with
_ BK Foods’ initial offer having —
' flushed all rivals out. They

still have the option of
increasing their offer should

higher bids arrive.

BK Foods’ main advantage

is that it is an all-Bahamian .
offer, meaning that their bid
would not require Cabinet or -
National Economic Council
(NEC) approval. The only _
approval necessary would ne —

Exchange Control approval

to allow Winn-Dixie

triate its profits on the le.

Neal & Massy is a foreign-
_owned conglomerate, and its

involvement would go

| against the Government’s

National Investment Policy,
which requires retail to be
100 per Cent Bahamian-
owned.

However, Banamas Super-

markets is already foreign

majority-owned through

Winn-Dixie, so some have (
- pointed out that allowing in | ‘
78 per cent stake at $14.1 per
share, compared to the $11 |
: i

an ownership group with

| some foreign involvement

for a conflict between the US
Bankruptcy Court, if it
approves an offer with some
foreign ownership, and the

Bahamian government and

its investment policy. ‘

The advantage of any |-
group involving Neal & |.
Massy would be the huge |:

financial and logistical |

resources at the disposal plus

‘Under the transition ser-
vices agreement, The Tribune |

- understands that BK Foods |
_ will pay Winn-Dixie a $1 mil- |.
lion flat fee, plus the cost of |.
_ all goods provided with a 5 |

per cent mark-up on fp of | !

A small Offshore Bank is looking

for an experienced temporary

_ JUNIOR CORPORATE
PO icuGy tel:

With knowledge of the International
Business Companies Act and the
formation and administration of

IBC's.

Please send resume
no later than








objections to this change of name by Deed Poll, you Citizenship, P.O.Box N- 7147, Nassau, Bahamas.

may write such objections to the Chief Passport Officer,
P.O.Box N-742, Nassau, Bahamas no later than thirty
(30) days after the date of publication of this notice.

. May 12th 2006 7
: to fax number 322-5807.



Legal Notice ; ON oS
EMPLOYMENT OPPORTUNITY

For Supervisor COMMONWEALTH OF THE BAHAMAS 2005
IN THE SUPREME COURT CLE/Gen/No. 206

COMMON LAW AND EQUITY DIVISION (CLE)

NOTICE

NOTICE
MATIC LIMITED

Candidates should possess the following:

- Should be at least 27 years of age or older
- Good Customer Service skills are essential
- Pleasant Attitude

- Experience in restaurant business is helpful
- Own Transportation a plus

- Ability to operate on own initiative

- Team Bioyet

NOTICE IS HEREBY GIVEN as follows:

THE PETITION OF HOSEA COX IN
RESPECT OF:-

(a) MATIC LIMITED is in voluntary dissolution under the
provisions of Section 137 (4) of the International Business Companics
Act 2000.

(b) The dissolution of the said company commenced on-May 6th,
2006 when the Articles of Dissolution were submitted to and
registered by the Registrar General.

ALL THOSE piece parcels or lot of land being Lot Number 283
measuring approximately 4.27 acres and Lot No. 284 measuring
approximately 4.98 acres and situate between Cow Pen Road
and Oxford Street situate in the Western District of the Island of
New Providence and being bounded NORTHWARDLY by a
Forty (40) feet wide Road Reservation and running thereon Five
Hundred and Thirty and Seventy-five Hundredths (5301075) feet
thereon Eight Hundred and Twenty-four and Fifty nine Hundredths
(824.59) feet SOUTHWARDLY by a Forty (40) feet wide Road
Reservation and running thereon Five Hundred and Twenty-five
Hundredths (528.25) feet EASTWARDLY by Lot Number 282
and running thereon Seven Hundred and Six and Seventy-six
Hundredths (706.76) feet which said piece parcel or lot of land
is shown on the plan attached hereto and is thereon colored RED.

/

You may fill out an application form at TGBW. Village
-Road or Carmichael Road or mail resumes to:

TOBY.

P.O. Box EE-15066
Nassau, Bahamas

(c) ‘The Liquidator of the said company is Credit Suisse Trust Geneva
of 17 bis, rue de Lausanne, P.O. Box 55, CH-1211 Geneva 70.

Dated this 5th day of May, A.D. 2006.

Credit Suisse Trust Geneva
Liquidator



HOSEA COX claims to be the owner in fee simple.in possession
of the said land and has made application to the Supreme Court
of the Commonwealth of The Bahamas under Section 3 of The
Quieting Titles Act, 1959 to have his title to the said land
investigated and the nature and extent thereof determined declared
in a certificate of Title to be granted by the Court in accordance
with the provisions of the said Act. A plan of the said land may
be inspected during normal working hours at the following places.

‘Make over $1000 per weekil!

| Opportunities now available to
: work closely with our lovely

| tourists helping to leave a
|
|
|



JEWELRY STORE MANAGERS

Discover a rewarding and

|

|

: beautiful and lasting impression
challenging career catering to the !

|

|

|

of their visit to the Bahamas.

a) The Registry of the Supreme Court, 2nd Floor BitCo
Building, New Providence, The Bahamas.

country’s visitors in the exciting
retail jewelry business!!!

Do You Have What it Takes?

ARE YOU... |
confident? ¢ a leader? « self motivated?
¢ professional? ¢ mature (25 yrs or older)? * dedicated?
If your answer is YES then take the next step

FAX LETTER TO 326-1747

SALARY OPPORTUNITY COMMENSURATE WITH EXPERIENCE & QUALIFICATION

aa ‘

(b) The Chambers of V. Alfred Gray. & Company, Suite
#5 The Malcolm Building, Bay Street & Victoria Avenue,
Nassau, The Bahamas.

NOTICE IS HEREBY GIVEN that any person or persons
having dower or right of dower or an Adverse Claim or Claim
not recognized in the Petition shall on or before 26th day of July,
2006 file in the Supreme Court of the City of Nassau aforesaid
and serve on the Petitioner or the undersigned a Statement of his
Claim aforesaid non compliance with this Notice will operate as
a bar to such claim.

JEWELRY SALES ASSOCIATES



must be...
Matte (25 yrs or older) * Outgoing * Honest

|

V. ALFRED GRAY & CO.
l Reliable ¢ Willing to Learn * Dedicated

|

|

Chamber
Nassau, The Bahamas



FAX LETTER TO 326-1747

Attorneys for the Petitioner
or mail to Human Resources, P.O. Box SS-6327, Nassau, Bahamas





PAGE 6B, MONDAY, MAY 8, 2006

ZF



VACANCY FOR
EDUCATION OFFICERS
(CURRICULUM GENERALISTS AND LOWER PRIMARY AND PRIMARY MUSIC)
MINISTRY OF EDUCATION, SCIENCE AND TECHNOLOGY
(DEPARTMENT OF EDUCATION)

OTS a ONT AT oT

Paar a

’ Applications are invited from suitably qualified serving Bahamians to fill the positions of
i ' Education Officers, for Lower Primary and Primary Music and Curriculum Generalists — (Abaco
; and Grand Bahama) in the Department of Education, Ministry of Education, Science and
: Technology.

» Requirements for the post

A Bachelor's Degree and professional teaching qualifications from approved

a ®
Fl institutions.
¢ ° A minimum of seven (7) years teaching experience, two of which must be
‘ at the level of Administrator, Head of Department, Grade Level Head /
4 Team Leader or in a position of responsibility such as Unit Head, Project
i or Resource Room Coordinator.
® Curriculum / Examinations Development experience at the District National

Level or experience in anu professional development workshops in the
subject area.

Successful candidates will:



a
> initiate and coordinate activities related to the planning, developing,
i evaluating and implementing of instructional programmes for
primary schools;
>» possess evidence of leadership ability;

‘ > possess excellent organizational, inter-personal and communication skills;

be knowledgeable and capable of utilizing current trends and techniques
which promote professional and academic development of teachers;

Ww

vw

be a team player;

OE ANTE RT AT

possess integrity and initiative.

Vv

" Specific duties of the posts include:

é e supporting and promoting staff development facusing on individual
f needs, the Ministry's goal and society demands;

e ensuring that the instructional programmes in primary schools reflect
i the vision, goals and priorities of the Ministry of Educstion, Science

t
‘ and Technology;
r
e :
: ° coordinate the design, development and implementation of subject
é specific and integrated orca offerings within ae across schools
: and districts; -
° collecting and analyzing data relevant to student and teacher performance,

curriculum effectiveness and availability, school climate and community/

1 * toe
é

fw a eae

e Collaborating with Schools’ Administrators, District Superintendents
and Curriculum / Examination Officers to identify indicators of and
euplenicat en innovations)





aeet t + POEMPLER Aw Set Ot ANS oe Yee garceaslesonvas
© . recognize‘ind pick livia expertise'and inistfnttiofiat:stretigth: H sslonie
among staff;
° mentoring beginning teachers and modeling accepted teaching

strategies research practices and up-to-date educational trend;

e coordinating the developing, procurement and distribution of learning
and teaching resources necessary for delivery of an effective instructional
programme; 5

/@ networking with successful schools/education systems in the Caribbean,

U.S.A., Canada etc to keep abreast of curriculum trends.

ENT IG Re eon meng OS

The salary of the post is in Scale EDU $33,700 x 700 - $38,600 per annum
i Serving officers should apply through their Heads of Departments,

Applicants are advised that it is their responsibility to attach relevant proof of academic
qualifications, experience and positions held, to their application, Failure to provide same may
result in their disqualification from the exercise.

Interested persons may obtain application forms from the Ministry of the Public Service,
Poinciana Hill Complex, Meeting Street or the Ministry of Education, Science and Technology,
Thompson Boulevard. They must be retumed, complete with original qualifications .and
documentary proof of relevant experience, to the Secretary, Public Service Commission,
Poinciana Hill Complex, Meeting and Augusta Streets, not later than 19 May, 2006.

‘ Secretary

Public Service Commission

A RO EE Oe

VACANCY FOR PRINCIPAL |
CENTRAL SECONDARY

MINISTRY OF EDUCATION, SCIENCE AND TECHNOLOGY
(@EPARTMENT OF EDUCATION)

Applications are invited from suitably qualified serving Bahamians to fill the position of
Principal, Central Secondary, Department of Education, Ministry of Education, Science, and
Technology, for the beginning of the 2006/2007 academic year.

Requirements for the Bost

° A Bachelor’s Degree and professional teaching qualifications from
an approved institution,

° A minimum of ten (10) years successful teaching experience, three
-of which must be at the level of Senior Assistant or higher at the High
School level.

DR ee

‘Successful candidates will:
° be required to assume professional and administrative leadership
of the school, with particular ephans on promome and supervising
activities;
» be committed to the philosophy of education;
° -possess evidence of leadership ability;

e possess excellent organizational and interpersonal skills;

® be knowledgeable and capable of utilizing current trends and
techniques which contribute to student development;

° be a team player.

Specific duties of the post include:

CR RRS SS TS ee 8 ee

a * ‘organizing and supervising schedules;
! * managing students’ behaviour;
® supervising curriculum development;
° providing clinical supervision of teachers;
* evaluating the performance of support staff
e promoting academic and professional development of staff;

PUBLIC SERVICE COMMISSION |

j vob pasighscl Me aL Pa dad ohh Pe eeaengat ES
The salary of the post is in Scale $3 - $36,800 x 700 - $42,400 per annum.



THE TRIBUNE BUSINESS |
GN-s63 gly

e. promoting academic and professional development of staff; |

-@ budgetary planning and resource allocation;
° scheduling internal and ivtesbal examinations;
e co-coordinating special programs; °
° promoting a productive relationship among teachers, parents

and the wider community.

Serving officers should apply through their Heads of. Departments.

Applicants are advised that. it is their responsibility to attach relevant proof of academic
qualifications, experience and positions held, to their application. Failure to provide same may
result in their disqualification from the exercise.

Interested persons may obtain application forms from the Ministry of the Public Service,
Poinciana Hill Complex, Meeting Street or the Ministry of Education, Science and Technology,
Thompson Boulevard. ‘They must be returned, complete with original qualifications and

documentary proof of relevant experience, to the Secretary, Public Service Commission,
Poinciana Hill Complex, Meeting and Augusta Streets, not later than 19 May, 2006.

Secretary *
Public Service Commission

VACANCY FOR SUBJECT SECRETARY
TESTING AND EVALUATION UNIT
MINISTRY OF EDUCATION, SCIENCE AND TECHNOLOGY

Applications are invited from suitably qualified serving Bahamian applicants to fill the position
of Subject Secretary, (Grade Level Assessment Tests) (GLAT) in the Testing and Evaluation
Section of the Ministry of Education, Science and Technology.

Requirements for the post are: _

e A Bachelors Degree in Elementary Education;

* ATeachers’ Certificate;

e Training in pre and post test development vrccedures

is A minimum of five ©) years teaching experience i in the ° Pama school.
Successful candidate will:

° Advise the Assistant Director of Testing on all matters related to the ’
development of the Grade Level Assessment tee

©. Give oversight to the development of Grade Level Astessinent Tests
in language arts, mathematics, science and social studies;

¢ Provide guidance in the maintenance of standards and monitor established
practices and procedures in eypninations, :

e — Assist in the continued development of regulations to govern the gonduct
of Grade Level: Assessment Tests examination personnel.



Specific duties of, the post. include:-_



e Liaising with Senior Eduéation Officer ‘feat Developnient with respect
" to question paper Preparation of Grade Level Assessment Tests," :

eo Liaising with Education Officer GLAT with respect to administration :
of the examinations;

e Liaising with Curriculum Officers to ensure proper alipuent of the
examinations with the national curricula;

¢ Co-ordinating and conducting workshops for primary school teachers
in Test Development Procedures.

“The salary for the post is in Scale EDI1 - $33,700 x 700 - $38,600 per annum.

Serving officers should apply through their Heads of. Departments

Applicants are advised that it is their responsibility to attach relevant proof of academic
qualifications, experience and positions held, to their application. Failure to provide same may
result in their disqualification from the exercise. :

Interested. persons. may obtain appligation forms: fone the Ministry of the Public Senvice,
Poinciana Hill Complex, Meeting Street or the Ministry of Education, Science and Technology,
Thompson Boulevard. They must be. retumed, complete with -original qualifications and.
documentary. proof of relevant experience, to the Secretary, Public Service Commission;
Poinciana Hill Complex, Meeting and Augusta Streets, not later than 19 May, 2006.

Secretary
Public Service Commission

* VACANCY FOR VICE PRINCIPAL.

5 CENTRAL SECONDARY . :

MINIS TRY OF EDUCATION, SCIENCE AND TECHNOLOGY : : j
(DEPARTMENT OF EDUCATION) "

Applications are invited from suitably qualified serving Bahamians to fill the position of Vice

Principal, Central Secondary, Department of Education, Ministry of Education, Science and
Technology, for the beginning of the 2006/2007 academic year.

irements for the post:

e A Bachelor’s Degree and professional teaching qualifications from an : é
approved institutions; : ‘ : a

e A minimum of seven years teaching experience, two of which must be at
the level of Administrator, Level I: Head of Department, Grade Level Head.

Successful candidates will:

e assist the. Principal i in all aspects of instructional and administrative
leadership;

©. be committed to the philosophy of education;
® possess evidence of leadership ability;
© possess excellent organizational and interpersonal skills;

e be knowledgeable and capable of utilizing current trends and techniques
which contribute to student aevelennenty

e bea team player.
Specific duties of the post include:
e organizing and supervising schedules;

e designing, developing and supervising the implementation of programmes
to improve students’ performance/outcome;

© supervising curriculum development;
e providing clinical supervision of teachers;

‘8 evaluating the performance of support staff;

ae SESE -
: REE SS SSE TI TS BTS I ETE EET

© promoting academic and professional development of staff,

° budgetary planning and resource allocation;
e scheduling internal and external examinations;
° promoting and co-coordinating special programs.
_ The salary of the post is in Scale $6 - $33,700 x 700 - $38,600 per annum.



THE TRIBUNE BUSINESS

k
Serving officers should apply through their Heads of Departments.
b .

Applicants are advised that it is their responsibility to attach relevant proof of academic
qualifications, experience and positions held, to their application. Failure to provide same may
result in their disqualification from the exercise.

thterested persons may obtain application forms from the Ministry of the Public Service,
Roinciana Hill Complex, Meeting Street or the Ministry of Education, Science and Technology,
Thompson Boulevard. They must be returned, complete with original qualifications and
documentary proof of relevant experience, to the Secretary, Public Service Commission,
Poinciana Hill Complex, Meeting and Augusta Streets, not later than 19 May, 2006.

{

5 S

Public Service Commission

/

VACANCY FOR PRINCIPAL GRADE ‘C’ PRIMARY SCHOOL
MINISTRY OF EDUCATION, SCIENCE AND TECHNOLOGY
(DEPARTMENT OF EDUCATION)

Applications are invited from suitably qualified serving Bahamians to fill the position of
Principal, Grade ‘C’ Primary School, in the Department of Education, Ministry of Education,
Science and Technology for the beginning of the 2006/2007 academic year.

uirements for the post

° A Bachelor’s Degree and professional teaching qualifications
from approved institutions. |

e A minimum of seven years teaching experience, three of which must
be at the level of Vice Principal Grade ‘C’ Primary, Principal of Grade ‘D’
Primary School or Senior Master/Mistress Grade ‘B’ Primary School.

The Successful candidates will:
e be responsible for implementing and managing the policies, regulations

and procedures of the Ministry of Education, Science and Technology
to ensure a safe child-centered learning environment,

e work collaboratively to maintain effective school/community relationships;
° have excellent leadership, organizational and communication skills and the
ability to motivate staff;
° have extensive experience in scheduling, program development and
evaluation procedures; ee
e@ possess integrity and initiative.

Specific duties of the post include: .

° leading the development, implementation and evaluation of all
school programs and activities; i

e providing and supervising an effective discipline system}.

o communicating with the Superintendent regularly about the needs,
successes and general operation of the school; _ eo a

© _ establishing and promoting high standards and expectations for all
staff and students for academic performance and responsible behaviour;

« supervising instructional programs of the school ensuring that they
address students’ needs, interests and skill levels;



e Overseeing financial and personnel management procurement and
distribution of resource materials and the maintenance of healthy and
safe facilities. : eas

The salary of the post is in scale S6 - $34,000 x 700 - $39,600 per annum.
Serving officers should apply through their Heads of. ‘Departments.
Applicants are advised that it is their responsibility to attach’ relevant ‘proof of ‘academié’ *

qualifications, experience and positions held, to their application. -Failure to provide same may
result in their disqualification from the exercise. _ : Se eee Hos

Interested persons may obtain application forms from the Ministry of the Public Service,
Poinciana Hill Complex, Meeting Street or the Ministry of Education, Science and Technology, -
Thompson Boulevard. They must be retumed, complete with original. qualifications and
documentary proof of relevant experience, to the Secretary, Public Service: Commission,
Poinciana Hil! Complex, Meeting and Augusta Streets, not later than 19 May, 2006.

Se re en et a

if Secretary
' Public Service Commission —

V

VACANCY FOR VICE PRINCIPAL |
: GRADE ‘C’ PRIMARY SCHOOL. -.
MINISTRY OF EDUCATION, SCIENCE AND TECHNOLOGY
Cee (DEPARTMENT OF EDUCATION) :

Applications are invited from suitably qualified Bahamians to. fill the position of Vice Principal
Grade ‘c Primary School, Bartlett Hill Primary School (Grand ‘Bahama District) Department of
Education, Ministry of Education, Science and Technology for the beginning of the 2006/2007
academic year. : S .

Requirements for the p ost:

¢- A Bachelor’s Degree and professional teaching qualifications from
an approved institution; ey

fan DA i oc RE

* A minimum of at least ten years successful teaching experience,

* Aminimum of three years administrative experience as Senior
Master/Mistress, Team Leader or Year Head.

¢ Aminimum of three years experience as a Principal of a Grade ‘D’
Primary School. :

The successful candidates will:
* assist the Principal in all aspects of instructional and administrative leadership;
° be committed to the philosophy of education;
“© possess evidence of leadership ability;
'e possess ehcchient organizational and interpersonal skills;

© be knowledgeable and capable of utilizing current trends and techniques
- which contribute to student development;

SS ER a a a ca FT ak Sa ll la a Ae ik Mae a ne EE Se

® bea team player.

e be expected to work on the Family Islands.

VESTAS RIMSII

Specific duties of the post include:

e organizing and supervising schedules;

Pea
e

supervising the implementation of programmes to improve

PUES TERENAS SER

students’ performance/outcome;
é ‘e “managing students’ behiaviowe
° supervising curriculum development;
° providing clinical supervision of teachers;
: o evaluating the performance of support staff;
i" 3 initiating, promoting and participating in school ‘ad community

activities. :
The salary of the post is in Scale S9 - $29,600 x 700 - $34,500 per annum.

Serving officers should apply through their Heads of Departments.

a re recs

Applicants are advised that it is their responsibility to .attc.ch relevant proof of academic

re

result in their disqualification from the exercise.

8m x
- Pee } the

qualifications, experience and positions held, to their application. Failure to provide same may

SSIS,

a . 2



MONDAY, MAY 8, 2006, PAGE 7B

Interested persons may obtain application forms from the Ministry of the Public Service,
Poinciana Hill Complex, Meeting Street or the Ministry of Education, Science and Technology,
Thompson Boulevard. They must be returned, complete with original qualifications and
documentary proof of relevant experience, to the Secretary, Public Service Commission,
Poinciana Hill Complex, Meeting and Augusta Streets, not later than 19 May, 2006.

Secretary :
Public Service Commission



VACANCY FOR PRINCIPAL GRADE ‘C’ PRIMARY SCHOOL
MINISTRY OF EDUCATION, SCIENCE AND TECHNOLOGY
(DEPARTMENT OF EDUCATION)

Applications are invited from suitably qualified serving Bahamians to fill the position of
Principal, Grade ‘C’ Primary School, in the Department of Education, Ministry of Education,
Science and Technology for the beginning of the 2006/2007 academic year,

Requirements for the post

e A Bachelor’s Degree and professional teaching qualifications
from approved institutions.

e A minimum of seven years teaching experience, three of which must
be at the level of Vice Principal Grade ‘C’ Primary, Principal of Grade ‘D’ .
Primary School or Senior Master/Mistress Grade ‘B’ Primary School.

The Successful candidates will: 7

° be responsible for implementing and managing the policies, regulations
‘and procedures of the Ministry of Education, Science and Technology
to ensure a safe child-centered learning environment; _ ;

e work collaboratively to maintain effective school/community relationships;

° have excellent leadership, organizational and communication skills and the
ability to motivate staff;

© have extensive experience in scheduling, program development and
evaluation procedures; ‘

e possess integrity and initiative.

Specific duties of the post include: |

° leading the development, implementation and evaluation of all
school programs and activities; ees

o.. providing and supervising an effective discipline system}
5 , - Oey pene
° communicating with the Superintendent regularly about the needs,
successes and general operation of the school; .

e ‘establishing and promoting high standards and expectations for all
staff and students for academic performance and responsible behaviour;

cole supervising instructional programs of the school ensuring that they A
' address students’ needs, interests and skill levels, woe

_.@ Overseeing financial and personnel management procurement and
distribution of resource materials and the maintenance of healthy and
- safe facilities. Le

The salary of the post is in scale S6 - $34,000 x 700 - $39,600 per annum,

Serving officers should apply through their Heads of Departments.

‘Applicants are advised that’ it is their responsibility to attach relevant proof of academic .
qualifications, experience and positions held, to their application. Failure to, provide same may
result in their disqualification from the exercise,

Interested persons may obtain application forms from the Ministry of the Public. Service,
. Poinciana Hill Complex, Meeting Street or the Ministry of Education, Science and Technology,

Thompson Boulevard.- They must be returned, complete, with original qualifications and

documentary proof of relevant experience, to the Secretary, Public Service Commission,
_ Poinciana Hill Complex,.Meeting and Augusta Streets, not later than 19. May, 2006. .......,

Secretary :

Public Service Commission



VACANCY FOR VICE PRINCIPAL GRADE ‘B’
. PRIMARY SCHOOL.
‘MINISTRY OF EDUCATION, SCIENCE AND TECHNOLOGY
(DEPARTMENT OF EDUCATION)

" Applications are invited from suitably qualified serving Bahamians to fill the position of Vice
Principal, Grade ‘B’ Primary School, in the Department of Education, Ministry of Education,
Science and Technology for the beginning of the 2006/2007 academic year. was

_ Requirements for the post:

. ©. A Bachelor’s Degree and professional teaching qualifications from approved
“. institutions; “ Feu ee ;

*. A minimum of two years administrative experience as a Senior Master/Mistress

in a Grade ‘C’ Primary School; or
-: @ Aminimum of two years administrative experience as a Principal, Grade “D? School
Successful candidate will:
e assist the Principal in all aspects: of instructional and administrative leadership;
@ possess evidence of leadership ability;
te possess excellent organizational and interpersonal skills;

@ be knowledgeable and capable of utilizing current trends and techniques which
contribute to student development;

e, beateam player.
Specific duties of the post include:
© organizing and supervising schedules, assignments, records, and procedures;

e designing, developing and supervising the implementation of programmes to
improve students’ performance/outcome; =

© supervising curriculum development;

° manapice student behaviour;

e providing assistance and guidance to Levels I and Il Administrators;
© providing clinical supervision of teachers; :

e evaluating the performance of topan staff,

budgetary planning and resource allocation;

© coordinating special activities;

¢ scheduling internal and extemal, examinations.

The salary of the post is in scale S6 -$34,000 x 700 - $39,600 per annum.

Serving officers should apply through their Heads of Departments.

Applicants are advised that it is their responsibility to attach relevant proof of academic

qualifications, experience and positions held, to their application. Failure to i
-Tesult in their disqualification from the exercise. a : avid

Interested persons may obtain application forms from the Minis of the Publi i
Poinciana Hill Complex, Meeting Street or the Ministry of Education. Science eae Sy
Thompson Boulevard. They must be retumed, complete with original qualifications and
documentary proof of relevant experience, to the Secretary, Public Service Commission,
Poinciana Hill Complex, Meeting and Augusta Streets, not later than 19 May, 2006.

: Secretary
Public Service Commission

2 IE woe es

i

Sh MR SESE he a ee a BS a tS Ss ale Gab hh a adored ron see - 2
Sa at athe adit erradiadt NRE Ne RS MEY EE NTE EEE GE TE TE TE EET EE PEE EEE OE oe er a oe dt *

SAA ALS VASSAR ee Ree Te eS Owe EK



Pik PMID INE DUOINEOS

PAGE 8B, MONDAY, MAY 8, 2006










































Successful candidates wih

VACANCY FOR VICE PRINCIPAL G
PRIMARY SCHOOL. : rated : Pie Sy alae ha3 4
MINISTRY OF EDUCATION, SCIENCE AND ' 4 e assist the Principal in all aspects of instructional and administrative leadership;
« be committed to the philosophy of education;
Applications a are invited from suitably qualified serving Bahamiatis to ; * possess evidence of leadership ability;
Principal, Grade ‘B Primary School, in the Department of Education, Mio Béveation,

© possess excellent organizational and interpersonal skills;



® be knowledgeable and capable ‘of utilizing current trends and techniques which
contribute to student development;

e beateam player;

e@

Specific duties of the post include:

¢ organizing and supervising schedules,



>
in a Grade ‘C Preneny, School; or ‘ # supervising the implementation of programmes to improve

students’ performance/outcome;
e A minimum of two at administrative experience'as* ,

: See : ® supervising curriculum development;
i oy

Successful candidate will: ® providing clinical supervision of teachers;

=) assist ne Principal in all aspects of instructional and * evaluating the performance of support staff,
oa ie '® promoting academic and professional developme Lofstaffe : . ey
© possess evidence of leadership ability; j apa eet BOSE evelopment of staff; iP
“i 8 e budgetary planning and resource allocation;
e possess ‘excellent organizational and nierperscuel skill See sti ee ae eetrate ’
*. scheduling internal and extemal examinations; « at

8 be knowledgeable and capable of utilizing current tren ® promoting and coordinating special programmes,





es contribute. to student. i development, a
oe . oy a team. player. The salary of the post is in. scale $4 $36, 100 X 700 - $41,700 per annum.
sueciie a autes t the post inctnde: : Serving oBficers should apply through their Heads of Denatinerite eet “yy
Applicants are advised that it is. their responsibility fo attach relevant proof ee academic a)
- qualifications, experience and positions held, to their application. panne to provide same may o
P tesut in their disqualification, from the ¢ exercise, :
‘ \ #1,
Le improve students’ peomanelotcome \.
-.. Interested: persons: may obtain application forms fon the. Ministry of the Public Service, fi

oe supetvisiig eurrieulum development; -! Poinciana Hill Complex, Meeting Street or the Ministry of Education, Science and Technology, bse
‘ “Thompson Boulevard: They must be returned, ‘complete with original gualifications and :
Ss documentary proof of srelevant experience, to, the Secretary, Public Service Commission, — - tt

~~ Poinciana Hill comes Meeting and ae Streets, not later than 19 May, 2006. ; x zee



eo managing student behaviour,





providing assistance and nd guidance to Levels I Tand I 0
ee . " providiag clinical supervision of teachers; Sectetary Bee autor ‘



a ‘ Public Service Commission
8 evaluating the performance of support staff; " ide a



o - budgetary. planning and resource allocation;



































o oordinaine special activities;



oS scheduling internal and extemal examinations.

Agpliciaie's are a advined chat i it is their responsibility | to att
qualifications, ' experience and positions held, to their applicas on.
result in, their disqualification from the exercise.

Interested ° persons may. ‘obtain application forms from the ‘
Poinciana Hill Complex; Meeting Street or the Ministry of Ed

Thompson Boulevard. They Must be returned, complete " ont aa
documentary. proof: ‘of relevant. experience, to the Secr: cl You can n ow. fj in four
Poinciana Hill Cane, Vesting and Augusta Streets, not later than 19 May: 200 be
oe as ~ Secretary ke ws a ue el \ /S a @
; Public Service Commission eas aL ta vo i r I e n | ) p re



Vacancy FOR SENIOR MASTERIME
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?m lovin’ it









PAGE 10B, MONDAY, MAY 8, 2006

SPORTS

TRIBUNE SPORTS









@ DONALD THOMAS, pictured here in this file photo, was just shy of meeting the qualification standards in the men’s long jump.

(AP FILE Photo)

'

Bahamian collegiate
athletes in action ahead |
of championships

STRACK AND FIELD |
By KELSIE JOHNSON
Junior Sports Reporter

THE countdown to the
nationals for Bahamian col-
legiate track and field ath-
letes has started and this
weekend many of them got
in one last meet before the
championships start.

Having already qualified
in the high jump for the
National Athletic Intercol-
legiate Association (NIA)
nationals, Donald Thomas

‘The Eagles soar
to victory over
Proper Care Pool

@ SOFTBALL
By KELSIE JOHNSON
Junior Sports Reporter

A WEEK after a disap-
pointing opening to the sea-
son, the New Providence

Softball Association (NPSA) .

got back on track with two
games on Saturday night.

In the women’s game, the
Whirlpool Eagles took care
of the Proper Care Pool
team with an 8-2 victory
while the Stingrays handed
the New Breed a loss with a
10-1 win.

Eagles, who have started
their softball season off with
a.bang, exploded in the sev-
enth inning; scoring four
runs.

Although the team got off
to a slow start in the first
dinning, scoring only one run
from two hits, they pulled up
their socks in the third and
ended the inning with three
runs off of two hits.

Eagles’ Alex Moss
appeared at the plate four
umes, scoring on two.

The winning pitcher was
Thela Johnson — Alex Taylor
was tagged with the lost.

Pitcher Rudolph Williams
led the Stingrays to a 10-1
victory over the New Breeds,
handing Devon Curry with
the defeat.

Stingrays’ hot batters were
Hermis Sands, Romalo Ellis
and Byron Ferguson.

Sands scored threes runs
and batted in three runs,
while Ferguson batted in
four runs and scored one.

was just shy of meeting the
qualification standards in the
men’s long jump.

Thomas soared to 6.50m
for third place in the long
jump on Saturday, compet-
ing at the Lindenwood Uni-
versity mini meet.

At the Patriot Open Invi-
tational Grand Bahama’s
Bianca Strachan came in
fourth in the 800m in 2:17.50
seconds, teammate Lorain
McKenzie won the event in
2:11.43 seconds.

Alfreepha Stubbs finished

up in the sixth spot in the
women’s 400m in 57.76 sec-
onds.

At the Seminole Twilight

meet Craig Charlow finished
up third in the men’s triple
jump with a leap of 13.03m,
winning was Brandon
Rhoulac of Albany State
with a best leap of 15.89m,
Christopher White was sec-
ond 13.11m.

Also competing at the

- meet was Kofhe Miller in

the men’s 400m in 50.88 sec-
onds. The winning time was

posted by Willie Gaines of
Florida State in 47.68 sec-
onds: Kelson Miller was dis-
qualified.

Chamall Bethel clocked
11.29 seconds for a 21st
ranking in the 100m, Greg

Bolden won the event in’

10.32 seconds.

National record holder-in
the 200m Dominic
Demeritte edged out Jamal
Rolle for the win in 200m.

Demeritte clocked 20.79
seconds for first place, leav-

ing Rolle to settle for sec-

ond in 20.89 seconds. Miller
would finish up in the 17th
spot in a time of 22.55 sec-
onds.

Itsa Smith would clock
5:27.86 seconds for a six
place finishing in the
1500m.

Competing unattached at

the Houston Invitational,
Jason Edwards soared to a
second place finishing in the
men’s long jump with a leap
of 7.49m, the win was award-
ed to Reggie Lazenby, who
had a best jump of 7.73m.

Record score
for West Indies

CRICKET .

WEST INDIES batsman Shivnar-
ine Chanderpaul is bowled by Zim-
babwe's bowler Edward Rainsford
for 93 runs during the fourth one-
day international at Bourda cricket
ground in Georgetown, Guyana,
Sunday, May 7, 2006. The West
Indies amassed a record 333 for six in
their innings, the highest one-day
score in the Caribbean, surpassing
the 315 for four made by the West
Indies against Pakistan at Port-of-
Spain in 1988.

(AP Photo/Andres Leighton)











Eriksson
expected to
name Rooney
in provisional
squad for
World Cup

m@ SOCCER : 4
LONDON
Associated Press

ENGLAND coach .
Sven-Goran Eriksson is
expected to name Wayne
Rooney in his Pr OveonaiNs
World Cup squad Mon:.:
day, even though the —--
striker broke a bone in_his ¢
right foot last weekend. -.

The Manchester Unitéd_:
striker has his foot in ° -
plaster and won't be able.
to kick a ball for at ioe

‘six weeks. «

The World Cup kicks! %
off on June 9, and Rooney
will miss England's group «'
games against Paraguay,.!
Trinidad and Tobago Bay,
Sweden. 7

But Eriksson hopes ihe’.
United striker will recov- *
er in time to play in the . ;
quarterfinals at the end of:
June if England gets = 28:
there. 14

That means Rooney's © :i:
name should be in the- «':
squad of 23, plus three or
four standby players, =‘.
when the Swede, who will’
hand over to Steve 3i 4%
McClaren after the World'
Cup, makes his announce-
ment. Gah a

Eriksson's decision to.
gamble on Rooney's fits: =:
ness has upset United>-: - =».
manager Alex F erguson; | E

. although he said he

understood why the -s‘yv
Swede would put him’in\:
the provisional squad: ;*;:

"T think it's fair ol ~
enough." Ferguson said: .*
"I would do the same if' I:
were Sven because if he +
were to get fit — and it's a’.
big if — you would havé-to °
have him there. ree

"He has been having: -
treatment twice a day. He
is showing a‘great deter-' ~
mination to try to get.’
ready for the World Cup.
We know it is a forlorn
hope but we will give it, a
try."

But the United manager
said he would be unhappy
if Eriksson tried to field
Rooney if the player is
not totally fit.

"Tam not going alone
with this half-baked idea
that he is going to Ger-.
many 80 per cent fit and
then find him being pres-

‘sured into playing before

he is ready," nerEDEOS
said.

"T said before there \ was
too much being put on:
Wayne's shoulders. Now
the emphasis has to
change. Step forward «
Steven Gerrard, step for-
ward Frank Lampard, . tin
step forward Joe Cole,':
step forward David Beck.
ham. These guys are all’ :
more experienced and’
older than Wayne
Rooney."

England has its most
talented squad for more |;
than 30 years as it aims to :
win the title 40 years after
its only triumph in 1966. |
But Rooney's injury no.” |
longer makes it one of the
favorites to take the title,
and Eriksson has several: -
more players who are
sidelined.

With Rooney's strike.
partner Michael Owen, -
also stumbling from i ingury’
to injury, Eriksson has:*3 >i
several problemsin .°:;
attack. Liverpool's Peter. |
Crouch is certain to go‘to.'
the World Cup and other |
candidates are Totten-'> | |
ham's Jermain Defoe and: '
Charlton's Darren Bent...

Two wide players, Tot:
tenham's Aaron Lennga; >
and Middlesbrough's Stir
art Downing, could also: iz ra
get a place in the squad; -
and Eriksson likely will
name Arsenal defenders
Sol Campbell and Ashley
Cole, who have barely
played in 2006.

Campbell has had little
action for the Gunners
partly because of injury
and loss of form and con-
fidence, but he is highly
rated by Eriksson. Cole
has recently returned to , «
match action after a stress
fracture of his footin - :'
October which was fol-
lowed by other injuries.

Tottenham's Ledley
King also is sidelined with
a broken foot, but Eriks-
son expects him to fit in. ;
time for the World Cup.



TRIBUNE SPORTS



mw SOCCER
LONDON
Associated Press

THIERRY HENRY scored
a hat. trick in Arsenal's final
game at Highbury, powering
his‘team to a 4-2 victory over
Wigan on Sunday for fourth
place in the English Premier
League.

Arsenal moved ahead Tot-
tenham, ending the hopes of
its north London:neighbor for
a Ghampions League berth
nextseason. Tottenham lost 2-
1 at West Ham on the final day
of the season.

In: the final game at High-
bury after 93 years at the
famous stadium, Wigan went
ahead 2-1 on goals by Paul
Scharner and David Thomp-
son.(Henry then scored three
in a row. After his penalty kick
with,14 minutes left, he got
down on his hands and knees
and kissed the turf.

"Yes, I kissed goodbye to
the stadium," said Henry, who
has 114 goals in 125 appear-
ances at. Highbury. "People
were writing us off. We are
fourth and we're going to play
in the Champions League, so
thatiis clear." si.

‘Tottenham will instead play
in the UEFA Cup next year,
along with Blackburn, which
is led by former U.S. goal-
keeper Brad Friedel. Black-
bura, which beat Manchester
City 2-0, finished in sixth place.

West Ham, which plays Liv-
erpool in the FA Cup final Sat-
urday, also will play in the
UEFA Cup next season
because Liverpool will play in
the Champions League.
"Manchester United finished
second in the league behind
Chelsea after outplaying
Charlton 4-0 despite the
absence of Ruud van Nistel-
rooy, who left the stadium

before kickoff: United manag- .
er Alex Ferguson said he felt .

Van Nistelrooy should be left
off the starting roster.
"That's all we need to say at
the moment," Ferguson said.
"We.will be discussing it with
club:directors tomorrow and
Tuesday." °
Liverpool, which beat
-Portsmouth 3-1, finished in
third place after winning its



' record.



@ JUVENTUS' Pavel Nedved of Czech Republic, left, celebrates with teammate David Trezeguet of France after scoring against Palermo during an Italian major league

11th in.a row to tie a club



@ ARSENAL'S Thierry Henry scor
dium, London Sunday May 7, 2006. Ar

Chelsea ended its season
with a 1-0 loss at Newcastle

‘and was beaten for the second.

straight game. The Blues fin-
ished with 91 points, followed
by Manchester United with 83
and Liverpool with 82. Arsenal
finished with 67 points, two
more than Tottenham. |
Also, Fulham edged UEFA
Cup finalist Middlesbrough 1-
0. Carlos Bocanegra started for
Fulham in his first game
since March 11 after
recovering from
a thigh injury.



@ ROME -— The Italian
league title will be decided in
next week's final round after

Juventus, and. AC Milan both.

won. :
2-1.to remain three points
ahead of second-place Milan,
which won 3-2 at Parma.
Juventus ends the season at
Reggina, while Milan will host
AS Roma.
If the teams are even
at the end of the
season, Milan
will win the
title because

soccer match at the Delle Alpi stadium in Turin, Italy, Sunday, May 7, 2006.

Juventus defeated Palermo E




it has a better head-to-head
record. Milan beat Juve 3-1 in
October and the teams drew
Q-0 in March. x -

Pavel Nedved. put, Juve
ahead in the 31st minute, and
Zlatan Ibrahimovic scored his
first goal since February 20
minutes later. Denis Godeas
pulled a goal back for Paler-
mo in the 62nd.

Milan had goals from Kaka,
Cafu and Clarence Seedorf,
while Bernardo Corradi scored
twice for Parma.

Also, Siena defender
Daniele Gastaldello tied the

WroiNieaniy ive.

es from the penalty spot to secure his hat-trick during their English Premier League soccer match against Wigan at Highbury Sta-
senal moves.to. the new 60,000-capacity Emirates Stadium next season. 1S)

score three minutes into injury
time in his team's 1-1 tie at
third-place Inter Milan. Julio

Ricardo Cruz scored for Inter.

Luca Toni scored twice to

‘take his league-leading total

to 30 as Fiorentina beat Reg-
gina 5-2.

' Francesco Totti's return
from leg surgery was delayed.
He did not play in AS Roma's
1-0 victory over, Treviso
because of fever. Totti broke
his left leg and strained liga-
ments in his ankle during
Roma's game at Empoli on
Feb. 19.

(AP Photo/Luca Bruno)

as



2UUG, FAO

(AP.Photo/David Davies, PA)

BH MADRID, Spain — Zine-
dine Zidane scored in his final
home appearance for Real
Madrid, heading in a cross

‘from’ David Beckham in a 3-3

tié with Villarreal in the Span-
ish league.

Madrid's players wore a
commemorative shirt inscribed
with "Zidane 2001-2006" -
under the team badge.

The world player of the year
in 1998, 2000 and '03 will make
his final appearance for
Madrid at Sevilla next week. ,.

~ He left the field after being:
replaced in the 90th minute, :
but he reappeared after the,
final whistle to chants of his.
nickname, "Zizou." .

The tie lifted Madrid into’
second place, one point above .
Valencia with one game
remaining. Both teams are

aiming to finish second and’

earn a direct place in the
Champions League.

Julio Baptista scored
twice for Madrid while Diego
Forlan scored two for the visi-
tors. Villarreal got its
first when Madrid defender
Alvaro Mejia scored an own-
goal.

-Batlier, fourth-place
Osasuna's hopes of securing a
spot in next season's Champi--

‘ ons League took a hit after los-

ing to Racing Santander 2-1.
Pablo Alfaro and Antonito
Ramiro scored late goals for
Racing after Savo Milosevic,
gave Osasuna the lead in the
56th minute,

Also, Cadiz was relegated
after a 3-1 defeat at Getafe,
joining Malaga, which was rel-
egated two weeks ago.

@ ROTTERDAM, Nether-
lands — Ajax won the
Dutch Cup for the 16th time,
beating league champion
PSV Eindhoven 2-1 in the
final. it

Klaas-Jan Huntelaar scored:
two goals for Ajax, and
Michael Lamey scored PSV's
lone goal.

The game was Guus Hid-:
dink's last as PSV coach. Hid-
dink, who also coaches Aus-
tralia, signed a two-year con-
tract with Russia's national
soccer team in April.

HB GLASGOW, Scotland —
Rangers beat Hearts 2-0 on
Krys Boyd's two goals in man-
ager Alex McLeish's farewell
to the Scottish Premier League
team.

McLeish, who led Rangers
to the league title last season,

_ is being replaced by former

Lyon coach Paul Le Guen.

Scottish champion Celtic
tied 2-2 with Aberdeen, which
rallied behind two goals from
substitute John Stewart. John
Hartson and Shaun Maloney
put Celtic ahead 2-0.





MONDAY, MAY 8, 2006

SECTION : i ae

ue
collegiate

| ~ We athietesin
a - action ahead
Fax: (242) 328-2398 | of nationals
E-Mail: sports@100jamz.com Sica

gers sweep Shockers
0 take the national title

\ \



out on to p 1 Wiliams said: “T've heard a

MEAL Grand Bahama side com ins ead

Junior Sports Reporter





sau is a power‘house.and they .
usually overlook Freeport, but

AFTER failing to secure

the national title two years
ago, the Playtime Tigers came
back to sweep the Bahamas
Basketball Federation’s
(BBF) national champi-

onships in division I.

Tigers, the top team com-
ing out of Grand Bahama, in
division I, destroyed the Real
Deal Shockers for the title

mance, the team defeated the
Shockers by more than 20
points in each game, posting a

87-63 final score in game.

three.
According to the Tigers,

Debbie
takes first
place in
Jamaica

@ TRACK AND FIELD



AFTER having, to settle for sec-
ond place at thé Drakes Relay’s last
week, Debbie Ferguson-McKenzie
turned up the heat to take the 100m
at the Jamaica International Invita-
tional meet.

win. In a dominating perfor-

Ferguson-McKenzie clocked 11.28 |

seconds for the win over American |

Muna Lee and Sherri-Ann Brooks
of Jamaica.
Lee recorded 11.32 seconds for

even though they were able |
to sweep the Shockers very .

easily, taking the national
championship title from the
team was a statement + that
Freeport have the best bas-

!
(

ketball players’ in the
Bahamas. ' :
‘After the win Tigers’ head
coach Jermiane Williams said
the team was happy for the

win, especially after losing out.



we have the best basketball
players in the Bahamas.. ie
“This title feels great, this
is the one we wanted: to win..
The first time we came ‘here
we got beat, that was in 2004, .:
but this year I am extremely
happy that we are able to take
it back to Freeport.” eS
With only 48 minutes sepa-
rating them from a champi-
onship title, the Tigers estab-
lished an early eight point
lead, wasting no time in
putting away the Shockers. _
- Crashing the boards paid off
for the team, and, since the .
Shockers were ‘playing little
defence, getting to the basket
Was easy. See Ae
: Tigers were able'to score 16
of their.21 points in the first
quarter off the fast break, the
remainder came from the free

throw line.

The absence: of Jeremy

Hutchinson affected. the.
‘Shockers’ offensive line-up

and the post game the team
relied on when they.were
down never came.’
The: team tried to turn to
Van Hutchinson to fill in the
shoes of brother Jeremy, but .
Tigers’ big men John Smith -
and Tamisio Dames were too

“much forhim. «.

Dames had a perfect night
for his team, leading all scor-.
ers with 27 points. He went -
11-for-12 on the night in field
goals, 4-for-4 from the free
throw line and hit all three
points attempted. Chipping in
was Marvin Gray with 23
points, four assists -and three
‘steals. For the Shockers, both

Corey. Williams and Darren .
Longley finished up with 14”
points... peat
' Dames’said: “It feels great
to come and sweep them for
the title, especially since we
went out there a few times in
the past and came back with a
loss. It is good to get two vic-
tories back to back and win
the championships.

“The level of competition
wasn’t what we expected it to
be. When we came to the
tournament we expected to
play a more dominant team
instead of the team we played.

“Taking the title back home .
feels great, knowing that we
came here and won feels even °
better. We lost the first. time
but we are able to carry it
back home this time. :.

“This year we are more
physical, unlike the last two
years. In the past we were
very young and even though
we were playing for fun we
still weren’t taking the game
seriously.” .

the second spot while Brooks turned
in 11.37 seconds. »

DEBBIE FERGUSON- }
MCKENZIE
(AP FILE Photo)







BREAKFAST DELI

& DEUDIOUS WAY
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SUNNY

2

Volume: 102 No.138



Cree Ts i
eS aL

Be ee a

BUT gives assurances
there will be no further
industrial action

â„¢@ By PAUL
~TURNQUEST

“Tribune Staff Reporter

WITH assurances from the
Bahamas Union of Teachers
that there will be no further

industrial action, Education *

Minister Alfred Sears asked
ali students.to return to school
today as normal.

Speaking with The Tribune
yesterday, Mr Sears said he
expects all the stakeholders in

_ the education system to act in .
the best interests of the stu-.

dents.

“T’m asking all parents and

students to attend school as
normal. J am also appealing
to, all of our stakeholders,
including our teachers to let
us do all that we can to ensure
a successful completion of the
school year, as well as the best
conditions for our students to
take the national examina-
tions,” he said.
‘.The BGCSE exams started
last week with the practical
part of the. examinations
scheduled for this week. BUT
president Ida Poitier-Turn-
quest said that the 3,500 mem-
bers of her union will report to
work as usual tomorrow.

Last week Friday, all gov-
ernment schools were closed
at lpm, after a number of
teachers reportedly staged a
“sick out” at a number of
schools.

- However, Mrs Poiicesl ich

5,000 BTU

cools areas up to 150sq ft
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cools areas up fo 350sq ft

quest said that the govern-
ment closure of the schools
was unwarranted as all teach-
ers remained on campus.

The union and government
have been locked in a bitter
feud for months as the union
continues to negotiate for an
industrial agreement.

The teachers reportedly are
seeking more than an increase
in salaries. They want an

improvement in working con-

ditions. The union has com-
plained of teachers having to
supply basic school items, such
as chalk, erasers, books, desks,

» chairs, and even food for stu-

dents without any help from
government.

“This is the only profession
that does not supply its own

material. Doctors don’t have.

to provide their medicine. The
accountant does not provide
pencils or his ledger book.
Only teachers are asked to do
these things,” Mrs Poitier-
Turnquest said.

On Thursday government
announced that as a result of
an illegal meeting by BUT
officials, which interrupted
regularly scheduled negotia-
tions between government
and the BUT, it would deduct
the pay of all the 400 mem-
bers who: attended the meet-

ing.
Shortly following that

. announcement, it was also

SEE page 15

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BAHAMAS EDITION

MONDAY, MAY 8, 2006

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| Flight Attendant Levding Services
} Do you have the time?
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m THIS young member of the Pathfinders stays focused during the Youth March yesterday which
got underway at Clifford Park. Thousands turned out for the annual event — the first in a series planned
to celebrate National Youth Month. See pages 6-7 for more pictures.

(Photo: Felipé Major/ Tribune staff)



328-LOAN

PRICE —7



Deputy

of Missi
US Emb.

defends A

m By KARIN HERIC
Tribune Staff Re;

DEFENDING the 4
base in Andros again.
tinued criticism, Deputy.
of Mission at the US En
Dr Brent Hardt yest:
highlighted the US ge
ment’s commitment tc

venting damage to mari‘

and the facility’s eco1
benefits to the island.

Dr Hardt said that alti
research is continui
determine if sonar testin
ilar to that used at the At
Undersea Test and Ev
tion Centre is impac
marine mammals, the
leading when it comes to fu
ing independent studies in thi.
field.

Speaking. as a guest on
Island FM’s Parliament Street,
the deputy chief of mission
pointed out that the US gov-
ernment funds 50 per cent of
all research worldwide.

“We provide 70 per cent of
all the research that is done
in the US and‘50. per cent of
what is done worldwide. We
fund independent studies that
are done by academics and
universities and marine insti-
tutes to examine these very
questions,” he said.

Annually, he estimated, the
US government spends
approximately $10 million on
funding independent research
into the effect of underwater
sonar waves on marine mam-
mals.

Dr Hardt pointed out that
there is also a difference
between active and. passive
sonar — active sonar is the kind

SEE page 15

Date for verdict in Kozeny extradition case

A VERDICT in the extra-
dition case of former Lyford
Cay resident Viktor Kozeny
is expected to be handed
down on May 19.

Kozeny’s defence counsel
Philip “Brave” Davis told
Czech news agencies that ini-
tially a verdict was to be given
on May 5, but that the date
was postponed by two weeks
by Magistrate Carolita Bethel.

The United States, wants

Kozeny, a 43-year-old Irish

financier of Czech origin,
extradited over corruption and
money laundering charges in

connection with the privatisa- °

tion of the oil industry of
Azerbaijan.

At the US’ request, Kozeny

has been in custody in the
Bahamas since last October.
He has spent the past eight

months in Fox Hill Prison.

If released to the US,
Kozeny could face up to 25
years in prison.

The Czech Republic in turn
wants him extradited to face
charges of embezzlement of
property worth 13.6 billion
Czech koruna.

The current trial began in

SEE page 14

Nassau and Bahama Islands’ Leading Newspaper





@ VIKTOR KOZENY:*:

as MR Lh aaah Lae &
et ar tre |
bai ee Shu baat
Sets Oe Soares dia
PAGE 2, vic. wiAY 8, 2006





THE TRIBUN



Photographer claims police officers

: INVESTIGATIONS continue
into complaints of police officers
failing to act when a local pho-
tographer was being assaulted

. downtown.

At the International Bazaar, a
wrecker was attempting to tow a
SUV when he noticed that the
rear of the vehicle was dragging.

The wrecker driver got out of
his vehicle and began to “shim-
my” the door of the SUV to
release the vehicle’s emergency
brakes. ;

Franklyn Ferguson, a freelance
photographer, was in the area and
photographed the driver attempt-
ing to open the SUV.

On seeing the photographer,
the man reportedly threatened
Mr Ferguson’s life in front of a
number of officers and attempted
to take his camera.

According to Mr Ferguson he
was pushed against a wall while
the man demanded the film from
his camera. Mr Ferguson said
four police officers watched and
laughed.






























failed to act during alleged assault

@ THE wrecker driver got out of his vehicle on Bay Street in front of the International. ;

“T was told by number 2744 to

Bazaar and began to ‘shimmy’ the door of the SUV to release the vehicle’s emergency brakes.
call the commissioner of police,

(Photo: Franklyn G Ferguson) __





















because there is nothing he can
do.

“Now I can say I somewhat
agree with him, because I report-
ed various officers in the past,
and to my amazement one was
promoted.”

Mr Ferguson said he did not












ia [=] SMO Pa)
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Boe] L363
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A PAVE AT EO UAL OR
HEGHER URE UE



hi: ‘ oa 5 i

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Soldier Road © 393-7111 © Fax: 393-0440





report the incident to Police
Commissioner Paul Farqharson
as it appeared to be a “waste of
time” to do so. He said he made
his decision because of the bold-
ness and arrogance of some of
the officers, which made him
believe that nothing would come
of his complaint.

It is reported that Mr Leonard
Archer, Bahamian High Com-
missioner to CARICOM, wit-
nessed the incident. Mr Fergu-

DO WENDY'S:4 NEV
FRESCATA SANDWICHES.

son, claimed that it was only when
police recognised Mr Archer that
they instructed the wrecker driver

‘to leave him alone.

Chief Superintendent of Police
Hulan Hanna said he would
encourage Mr Ferguson to offi-
cially report the matter. He said
no officer should stand by and
watch such an incident unfold.

“For those officers who stood
by and saw, according to what
you are reporting, an assault and

eaigy ie 8
J 14’ PSts0l



action,” Mr Hanna said.

battery take place in their pres-~
ence and did not do anything
about it, then I am encouraging:
the photographer to go to the
Complaints Unit with whatever
information he has and to make a

formal complaint. a

“No officer ought to behave:
like that. No officer ought to
stand up and watch a citizen being;

i
'

Ke

Fa

4

?

assaulted by another citizen with-,~ ,

out taking the appropriate police:

8) Ec

(ree aren

CEE] (ey ierey ee

ie et enh Ge wep eet ey

i H

S(O (EM tamre tama Asact ere tes na) Ott Oa ES]

one of 24 Frescata Picnics for up to 12 friends!

Drawings will be held each week for (4) weeks. Tune in to 100
JAMZ and JOY F.M radio stations for details.






THE TRIBUNE



In brief —

Hero pilot
charged
with flying
illegal cargo

A FORT Lauderdale pilot
who just last year was praised
for performing a “miracle land-
ing,” was indicted in the US yes-
terday on charges of illegally
flying commercial cargo to the
Bahamas.

According to court records,
a grand jury has charged
Charles A Riggs, 63, with oper-
ating a plane in air commerce
illegally and failing to file a cus-
toms declaration for a load of
granite he was carrying to the
Bahamas.

Riggs was apparently carry-
ing the illegal cargo when his
World War II-era DC-3 went
down on. June 13, 2005 on a res-
idential Fort Lauderdale street
last: year without causing any.
deaths.

Riggs pleaded not guilty and
is free on $100,000 bail.

Miami Attorney R Alexan-
der’ Acosta said the investiga-
tion grew out of that crash and
is being expanded to focus on
other so-called “bandit” com-
panies that illegally fly passen-
gers and cargo out of south
Florida airports without Feder-
al Aviation Administration
(FAA) permission.

Prosecutors argue that Riggs
and his company, Air Pony
Express, on numerous occasions
flew into Nassau, Grand
Bahama and Treasure Cay,
Abaco without FAA authori-
sation to use the plane to carry
cargo to the Bahamas.

Rescue workers last year
credited Riggs — a helicopter
pilot in the Vietnam war — with
saving dozens of lives by man-
aging to crash-land his plane
without hitting buildings or
homes in a heavily populated
Fort Lauderdale area after it
developed engine trouble short-
ly after takeoff.



Two men

stabbed in |

separate.
incidents

TWO men are in hospital

today fighting for their lives.

after-they. were stabbed in sep-
arate incidents at the weekend.

A 16-year-old male was .

stabbed: during an fight in the
Cable Beach area on Friday at
around 11pm.

According to police reports,
the young man was attacked by
group of men. He sustained
multiple stab wounds and is cur-
rently in critical condition in
hospital.

A second man, a resident of
Martin Street, is also in critical
condition after he was assaulted
with a knife by a man known
to him.

The fight broke out in a bar
on Market Street late Friday
night and resulted the in the vic-
tim being rushed to hospital.

Investigations into the these
two incidents continue.

mei ae
US

ed baby
PHONE: 322-2157



MONDAY,
MAY 8

6:30 Bahamas@Sunrise

11:00 Immediate Response

12noonZNS News Update Live

12:05 Immediate Response Cont'd

1:00 BTC Connection

1:30 Gumbo

2:00 Carmen San Diego

3:00 David Pitts

3:30 Bishop Neil Ellis

4:00 Dennis The Menace

4:30 Carmen San Diego

4:58 ZNS News Update

5:00. Caribbean News In Review

5:30 — Gillette World Cup 2006

6:00 Gospel Grooves

6:25 Life Line

6:30 News Night 13

7:00 Bahamas Tonight

8:00 You & Your Money

8:30 _ Island Life Destinations

9:00 Legends: Henry Pratt

9:30 | NWCCU Mortgage Trade

: Fair

News Night 13

1 11:00 Bahamas Tonight

Immediate Response

Comm. Page 1540AM

NOTE: ZNS-TV 13 reserves
the right to make last minute
programme changes!


























k

LOCAL Nee

MONDAY, MAY 8, 2006, PAGE 3

Christie praises the ability

of Bahamians to succeed

PRIME Minister Perry
Christie boasted of the
indomitable spirit of Bahami-
ans in his address to the grad-
uating class of Middle State
Tennessee University over the
weekend.

Mr Christie, who noted the
university was headed by a
Bahamian, said that the
Bahamas is a country of people
who believe that with intelli-
gence, creativity, persistence
and hard work, we can accom-
plish anything to which we set
our minds.

“We Bahamians pay little
attention to those who tell us
we can’t, even when they come
armed with weighty statistics
and learned prognostications.
The word ‘can’t’ seems. to’ be
the ‘on’ switch for most of my
people. You can tell,us we

can’t, but we won’t argue. We
just go ahead and show you
that we can.

“There are abundant exam-
ples of it in our personal and
national histories. My own
life’s journey demonstrates this
refusal to accept negative pre-
dictions without a fight. I didn’t
do very well in high school. In
fact, the teachers there pre-
dicted that I couldn’t learn and

I was kicked out of what was
then the best high school in the
country, where the majority of
the future leaders of the coun-
try were students,” he said.

Mr Christie said that at this
very young age he was “reject-
ed” and cast asfde by one
branch of the academic world
as one who was labelled as
“can’t”.

“Fortunately, my parents
had no time for dire predic-
tions. They believed in me.
They refused to accept that I
was not good enough and sent
me to another school. Eventu-

ally, I studied law in England
and returned home to become
a founding partner in a suc-
cessful law practice.

“After some time, I entered
the political arena and was elect-
ed to the Bahamas Parliament.
I went on to become a member
of the national Cabinet, first as
Minister of Health and Nation-
al Insurance and next as Minis-
ter of Tourism, which portfolio
carries the weight of an industry,
which supplies over 40 per cent
of my country’s gross domestic
product.

“T also enjoyed tenure as





@ PERRY Christie

Largest passenger ship in
the world to sail to region

The newly built Freedom of
the Seas, the world’s largest
passenger ship, is crossing the
Atlantic Ocean, bound for
New York City and later, the
Caribbean, according to Asso-
ciated Press.

The 160,000-ton cruise liner
owned by Royal Caribbean
Cruises Ltd. can carry more
than 4,000 passengers, sur-

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Minister of Agriculture, Trade
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was chosen to lead the political
party of which I am a member
and, in 2002, I led the Progres-

sive Liberal Party to a landslide
victory. Now, I stand before you
as Prime Minister of the Com-
monwealth of the Bahamas,”
he said.

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PAGE 4, MONDAY, MAY 8, 2006



EDITORIAL/LETTER TO THE EDITOR

The Tribune Limited

NULLIUS ADDICTUS JURARE IN VEKBA se. Gioi Ki
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 CARRON, C.M.G., M.S., B.A., LL.B.
Publisher/Editor 1972-

Published Daily Monday to Saturday

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



Bahamas should not vote for Cuba

TODAY — MAY 9 — is an important — which is guilty of genocide — from UN
day at the UN. It is the day when that body’s inspectors we can take nothing for granted
191 members will vote for the first time for 47 with our man at the UN. Bahamians are now
of its number to sit on the newly formed UN going to have to become more aware and
Human Rights Council. more vigilant of what is being done in our

The Council replaces the 53-member UN name.
Commission on Human Rights (UNCHR), To vote Cuba onto the new Council would
which lost its credibility because its mem- be the same as if Bahamians were to agree to
bers included countries with some of the the appointment of a Supreme Court judge
world’s worst human rights records. who was guilty of the very crimes over which

According to the UN, UNCHR had been he was required to adjudicate. Logically it is
“repeatedly criticised for the composition of out of the question. But today emotions seem
its membership. In particular several of its to have replaced logic.
member countries themselves have dubious The Declaration of Human Rights —_—
human rights records, including states whose which this Council is mandated to ensure
representatives have been elected to chair that every country upholds — has 30 Articles.
the commissions.” The reference was to Article 13 says:

Libya’s Muammar Gadaffi who headed the (1) Everyone has the right to freedom of
comunission from March, 2003. movement and residence within the borders

To rid itself of such members, and restore of each state.
credibility to the body, the UN Human Rights (2) Everyone has the right to leave any
Council was formed with new rules, including country, including his own, and to return to
a'change in how members are to be elected. his country.

Instead of the two-thirds majority for which A few weeks ago The Miami Herald pub-
the US lobbied to make entry even stiffer, lished a news brief about a Cuban who had
each member to the Council has to be elect- won an international award. Asked if he
ed by half of the total UN membership. would receive the award in person, his reply

In the past voting was done by regional was that he did not know.
blocs. That has been abolished. Now each It all depended upon whether he could get
country has to cast its individual vote for permission from the Cuban government to
each member to the Council. leave his country.

And that is where the Bahamas and Cuba This man does not have an essential right

‘ come into play. that Bahamians take for granted.
“t The Bahamas can no fonger hide within Is our vote at the UN going to keep him in

the body of CARICOM, because CARI- perpetual servitude, or is it going to help free
COM has made it clear that as a body it has him?

»~4 not taken a position on any of the candi- This government does not have to weigh in
: dates. ‘This means that each of its members is the balance its friendship with either the US
free to make their own decision as to how. | or Guba to find its answer..,,.,
their country will vote. All it has to do is study the Declar. ation of
Cuba served for many years on UNCHR. Human Rights to realise that in no particular,
By some strange reasoning it believes it has a can Cuba claim the Bahamas’ vote.
right to be voted back into the club. Appar- As a Cuban said a few days ago: “Don’t let
ently, Cuba has a different concept of the appearances govern your thought. If a coun- -
meaning of human rights — certainly one try has a close-to-zero crime rate, before you
that is diametrically opposed to the beliefs of praise it, look at its police methods, since it is
the average Bahamian. It wants to get’on the easy to ‘have zero crime using the loss of
Council, because; in the words of its ambas- human rights as a deterrent. If a country has
sador, it wants a venue from which to express to hermetically close its borders to prevent its
its views on “true human rights and not the people to leave in search of freedom while a
human rights viewed only by the US andits __ neighbour has to close its borders to prevent
allies.” ’ the rest of the world from breaking in in
However, Cuba is one of the countries search of freedom, it does not take a brain
that the international body wants off the surgeon to determine where the human rights
Council. Cuba is lobbying to remain, and it lie.”
has solicited the Bahamas for its vote. It would be unfair for the Bahamas to
A Bahamian asked us last week if we seri- vote Cuba into a position where it can deflect
ously. thought the Bahamas would vote for criticism from itself and deny its people the
Cuba. After all, he reasoned, one only had to rights that we as Bahamians enjoy.
look at how the Cuban people are not free to As the Bahamian said, it seems incon-
leave their own country to know that the ceivable that this government would even
government of Fidel Castor is in breach of the have to consider the matter.
Declaration of Human Rights, and, there- Which way the Bahamas should vote is
fore, is obviously not qualified to sit on the obvious to most of us.
Council. Today we shall see how obvious the facts
After the Bahamas’ vote to protect Sudan are to our government.




THE TRIBUNE

1

The PLP ‘does
not enjoy a
friendly media’

EDITOR, The Tribune.

CLEARLY as the month
of May arrives not only is
the hurricane season start-
ing up we are also in full

swing, figuratively and oth- .

erwise firing up the political
season.

Why did The Tribune and
the FNM take objection to
the -remarks of the
PLP Chairman, Raynard
Rigby?

T perceived your John

Marquis’ ‘Joker’ editorial.

piece as a tongue-in-cheek
satirical piece as only a non-

resident deaf person could.

write in this manner. The sad
thing is that Mr Marquis’
piece was so politically slant-
ed and he knew as did you,
as the Editor, it would bring
a reaction.

The PLP does not enjoy a
friendly media even from the
government radio and tele-
vision stations and as a result
this places the Government
as a serious disadvantage in
trying to get their objective
political story out in the pub-
lic.

I suspect that by actual

election day rolls around.the -

joker might be slammed on
Mr Marquis as the first part
of Phase: 3 of Atlantis will
be opening and a further
2,000+ Bahamians will be
employed in what is recog-
nised as being high paying
employment.

Baha Mar will certainly
have commenced and be

advanced with atleast the

initial road works and the
building of the commercial-
retail section of their
Phase:l. .

In the islands concrete
block and cement will be
pouring almost as fast as the
suppliers of those essential
products can ship them in.

There are very few islands
on which there is not a “new
anchor resort development”
has been announced for.

Mr Marquis obviously has
little experience with Govy-
ernment — a Minister is one
person whilst his Permanent
Secretary has far. more
authority and swing to hold-
up; sabotage and frustrate
development and from
where I see many of our Per-

manent Secretaries have

been doing this ever since
the official results of
Election 2002 . were



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ries which The Tribune
reported, project after pro-
ject have been approved and
will by election 2007 start
rising out of the ground and
the predictions are that the
confirmed. majority will realise that in
Why is Good News kept an honest comparison The
off the front pages? Thurs- Bahamas will be best off
day evening of this week with a continuation of the
Senator Trevor Whylly Christie Goyernment.
organised The Outstanding Least we forget, under the
Students Awards at Gov- FNM Kerzner had already
ernment House - these are negotiated his Phase 3
the kids who have excelled before May, 2002 which
academically. under the Christie Govern-

pe MU Se

letters@tribunemedia.net






However only ZNS TV-13. ment more than doubled in’

publicised event. Attending capital cost and Kerzner is
the event I saw a lot of flash-. already promising bigger to
lights from news photogra- come in Phase 4 - if that is
phers, but not a single line-or not an acceptable litmus test
photograph in print. . then what is? Ve
Certainly I left the. event It is simply ‘world-
surprised that so many _ class’.
young men were on the I am always amused when
Honour Roll — might there’ we listen to the regular
be a positive side of what chronic callers to the Talk
our young are achieving . Shows who criticise the lack
except our news media are of efficient governance —
not interested? whenever has there evér
We know a scandal or sexy _ been efficient governance ‘or
headline sells, but let’s stop —_ even service provided in The
this madness unless we Bahamas, private or public
become so lacking of media sector?
objectivity that every:story . I honestly believe that the
is slanted to the political par-- joke will be on the real joker
ty that you or other media’: in May, 2007 — John Mar-
houses support. quis. v
Using the same criteriato “J like your editorial com-
describe the governance ment Mr Marquis laughing
report for the FNM 1992- at wee self.
1996 in the FNM first term
as John Marquis used we can

only find three foreign G J MORRISON

es dn Nin nde Bs sees

investment projects — Nassau,

November, 1992 Cape April 29, 2006. Nolet
Eleuthera which even today eg
14 years later has not started) 3). fy eae
what was promised with all
the fanfare at Government (Some letter writers on.

House and Sir Clifford Dar- — the subject of a free press
ling being asked to signed claim that all of the inde-
on behalf of Government pendent media is against —

“(what authority Government the PLP. This writer now

had for this is certainly says that government does-
questionable) - Kerzners’ n’t even enjoy a friendly’
return and Hutchison- press from its own radio:
Whampao. and television stations. We
I am unable to include the don’t believe this, but if:
discount sale of the old » rite ‘then’ there must be
Ambassador Beach and Bal- something wrong. Instead
moral Beach Hotels to Issa of blaming the media, the
and Stewart. iit PLP should examine itself
The Tribune since.:2002 to find out what the prob-
from your own advertising Jem is. ;
and promotion is making (This reminds us of the
more money than ever'so proud father who admiring
under the PLP even The Tri- his son as his army unit’
bune is flourishing." marched past, turned toa
Mr Marquis has hadto be friend and said: “Look at.
living in an isolated cave ‘my smart boy, everyone is
somewhere, away fromeven out of step but him!” — |
reading the front-page sto- £d). vl

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THE TRIBUNE





Young
Bahamians
due to be
honoured

IN CELEBRATION of
National Youth Month, out-
standing young Bahamians
will be honoured in the Youth
Recognition Ceremony at
Wyndham Nassau Resort and
Crystal Palace at 7pm on May.
11.

_On May 12, young people

have a chance to discuss the
country’s most pressing issues
in a session of ‘Youth in Par-
liament’ at 10am at the House
of Assembly.
_ The session will be broad-
cast, like any normal sitting
of,the House, on ZNS’ parlia-
mentary channel.

Police
investigate
after drug
‘seizure

'¢¢ POLICE are making fur-
ther investigations after a.cap-
- ture of illegal drugs.
Officers of the Central
:'Detective Unit on Friday at
" #2.30pm executed a search
(warrant on a private resi-
‘tdence on Pratt Alley.
--- The search turned up a
5 Squantity” of suspected mar-
.djuana and cocaine.
«1.Press liaison officer Inspec-
‘itor Walter Evans yesterday
said that the value of the.dis-
-¢overed drugs had not yet
>sbeen determined.
-4s.Twe people, a 38-year-old
woman and.a 15-year-old,
-swere taken into custody.
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By Bahamas Information
Services

GOVERNMENT signed a
contract with Andros Farms
Limited for construction of
more than 90 homes in a North
Andros subdivision and the
refurbishment of the Carl Oliv-
er stadium.

Neville Wisdom, Minister of
Youth, Sports and Housing,
made the announcement on
Thursday during the contract
signing.

Also attending the signing
were Vincent Peet, Minister of
Financial Services and Invest-
ment and MP for North Andros
and the Berry Islands, and Mr
Anthony Moss, MP for Exuma
and chairman of the Mortgage
Cooperation of the Bahamas.

“This contract is a very sig-
nificant event that signals a new
beginning for North Andros,
and would entice Androsians
to return home to further devel-
op the island,” said Mr Wisdom.

“The total cost of the con-
tract has not been determined
as yet but thus far $516,000 has
been awarded for land clearing
and road construction for the
subdivision while $41,000 has
been awarded for phase I of the
refurbishment to the Carl Oliv-
er Stadium.” :

“The government,” he said,
“will make available resources
in an effort to provide some of
the homes. However, if
Androsians wish to just pur-
chase lots they could. .

“The second contract will als
begin phase I refurbishment to

~ the Carl ‘Oliver facilities and



HB NEVILLE Wisdom

within the upcoming weeks
another contract will be signed
to rubberise resurfacing of the
entire facility ;

“The Carl Oliver Stadium
when completed: will have a
rubberised track, an adequate
infield and proper bathroom
facilities that will allow both
national and international ath-
letes to utilise the facility.”

The facility is expected to be
completed next spring.

Mr Wisdom said the Ministry
has received many requests

from various international’
organisations and individuals

who wish to do seasonal train-

ing in The Bahamas, especially
_in.the areas of soccer and track °

and field and the Carl Oliver
facility would be ideal for them.
“These people would like to

tile Supplies Last

Contract signed â„¢
for construction pb
of homes and |
refurbishment |

be in tranquil areas such as
Andros and other family Islands
as opposed to training in Nassau
or Grand Bahama, so this facil-
ity would make Andros appeal-
ing for sports tourism,” said Mr
Wisdom.

According to the minister,
many side benefits would arise
from sports tourism because
housing would be required and
this could be met.

Mr Wisdom pointed out that
additional facilities are expected
to be constructed in Eleuthera
and Abaco.

“This is a red letter day for
’ North Androsians to have a 50

acres subdivision erected,” said
Mr Peet.

“That the building of some
90-plus homes would encour-
age many Androsians living in
Nassau and other islands to
return home and contribute to
the development of Andros.”

The construction of these
homes, he noted, will also create
many job opportunities for
North Androsians.

Mr Peet said he was pleased
to see renovations being made
to the Carl Oliver facility and
that it was time that it reflected
an Olympian since it is named

after one.

Mr Anthony Moss encour-
aged Androsians to take advan-

‘tage of the opportunity to
_ obtain a home or lot because if

they do not embrace the oppor-
tunity now other Bahamians
would as North Andros starts

' to progress.

He also encouraged contrac-
tors to deliver the 90-plus
homes in a timely manner.



MONDAY, MAY 8, 2006, PAGE 5









THE MULTI-million dol-
lar upgrading of Marsh Har-
bour International Airport is
scheduled to begin in the first
week of June, the Ministry of
Transport and Aviation has
announced.

During phase one of the
work, the airport’s runway will
be lengthened and resurfaced.

A new parallel taxiway also
will be constructed.

“The works represent phase
one of a project to revitalise
Marsh Harbour Internation-
al into a modern, fully func-
tional facility which will meet
all international civil aviation
standards,” the ministry said
in a press release.

Although the $3.5 million
contract for these works was
signed on March 13, the min-



arsh Harbour
upgrade to
egin in June

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istry said that the timing of
the construction has been
arranged in conjunction with
the Ministry of Tourism and
other stakeholders “so as to
minimise the disruption to the
travelling public and the Aba-
co economy.”

Pre-construction work,
which include the collection

‘of survey data and the finali-

sation of design works for the

Tunway and the new taxiway,

are being completed. !

The ministry said it has set
the end of November, 2006,
as a “tentative” date for com-
pletion of the project. i

In addition to the upgrading
of the runway facilities, con-
struction is also expected to
begin in August on a new $4.5
million terminal.



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PAGE 6, MONDAY, MAY 8, 2006

NG

outh Month is
rally

Hi THE Pathfinders band moves shEG Ug Rawson Sqaure eee the Youth

tare Nesey (Photos: Felipé Major/Tribune staff)

















THE seventh day adventists band take over Rawson Sqaure |
during the Youth March yesterday ~





takes part in the Youth March yesterday |

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Minister of Youth and Sports __
Neville Wisdom said that he has
organised the evexts in con-
junction with youth le ailers
throughout the Bahamas io \el-
ebrate the outstanding cont i.
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country.

“We invite all young people
within the. sound of my voice,

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encouragement to others
through placards and chants,”
he said.

At 7pm Thursday, May 11, in
the Ballroom of the Wyndham
Resort, Cable Beach, outstand-
ing young people from through-
out the Bahamas will be recog-
nised and awarded for their
contributions to youth devel-

‘opment.

Pacesetters in religion, sports,
community service, business
and performing arts and out-

21st Century Welding Co. standing youth organisations as
Wilton Street, No. 37 *« Nassau, Bahamas ee : well as those extraordinary
: = e youth leaders “who gave
unselfishly of their time to
_ young people for Ma than 10
Ye s ears will be awarded during-an
ae Sy — . Seng of youth and talent and
The Isuz culture,” the pease said. ‘

Lo Young people from eac
OC's CLASS OF '67 me 4 Le er ee uo worry Cra : Family isan will be recognised

REUNION COMMITTEE at this ceremony as the most
iscallingon es perce. systems feature optimized proportions. entetinding Cull mtRein cones

classmates and old scholars who munities.
See Saree rreanee aie | rele Fe es L 3 Se accuracy and smooth, quiet On Friday, May 12, in the
: aN ellis







House of Assembly, the youth
of the nation will speak on top-
ical issues affecting the country

With gas Mae soaring, you're going to wish you had a diesel today.
The Minister made the
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(242) 393-2046/simplysweet29@hotmail.com Trained UCL on duty. Square, which launched Youth
or Felicity Johnson 7 ite Ae Month.
Pe) oe ARES . “This year may, however, for-
Has Maine bey oe a ~~ ever be etched in the minds of

Bahamians, as not only will we |
celebrate our youth during the |
month of May, but for the first
time in its history, the Bahamas
will be the host of the Com:
monwealth Youth Ministers
Wulff Road Meeting, scheduled for May 22:

29 at Radisson Cable Beach and
Golf Resort,” he said.

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aie
THE TRIBUNE

MONDAY, MAY 8, 2006, PAGE 7”.





ears






we

Mi MISS Bahamas Universe, Litle Miss Bahmas and Miss Teen
Bahamas wave to the crowd watching the Ministry of Youth
March yesterday










a THE St Joseph’s church band drummer presses on yesterday
during the Youth March

i

f
Mr Wisdom said this year the opportunity to show that it is
Bahiamas will host 53 Com- indeed “better in the Bahamas.”
monwealth nations from the The theme for the month will '
South Pacific, Asia, Africa and be “Empowering Youth for the
the Caribbean, giving the young eradication of HIV/AIDS,

people Of the. Bahamasian “every end crite: @ THE Prophecy Troops of the Church of God march yesterday
in the Youth March





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- Determining credit acceptabiliry based on credit score and
other cools
- Providing rationale and approving credit within authorized -
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in excess of lending authority
* Maintaining ongoing customer relationships and participating in
Branch marketing efforts
8 Selling new deposit and investment accounts
" e Carrying out a range of administrative functions in support of
customers’ personal banking
_ * Providing strong leadership for Branch personnel
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° Five years commercial banking experience with experience in
Consumer Lending and Mortgage
: * Strong leadership skills
* Ability to deal tactfully with customers
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- * Commitment to Customer Service Excellence
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RE: Senior Lenders
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THE TWIRL WATCH

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PAGE 8, MONDAY, MAY 8, 2006
LOCAL NEWS



“Minister of Health Nottage ‘will



THE TRIBUNE



champion the cause’ of PMH staff







B HEALTH and National Insurance
Minister Dr Bernard Nottage (left) in
the premature baby unit during a tour
of the PMH.








«
vi
i
re

(BIS photo by
Gladstone Thurston)









Ee BAHAMAS BAITM MPMISTRIES EN TERSMATION

@ DR ADRIAN SAWYER shows Health and National Insur-
ance Minister Dr Bernard Nottage and his team around the dialy-
sis department during a tour of the PMH.

j (BIS photo by Gladstone Thurston)





HB DR BERNARD NOTTAGE interacted with PMH staffers
during his tour.

peace

- eee e (BIS ie Gladstone Thurston)

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@ By BAHAMAS
INFORMATION
SERVICES

HEALTH and Natianal
Insurance Minister Dr
Bernard Nottage said he is
“the champion” of Princes
Margaret Hospital staffers
following an extensive tour
of that facility last Thursday.

“T’m your champion and I
will champion your cause,”
he told them. “I will not per-
mit people to talk badly
about you if you do not
deserve it.

“I promise you that not
because you area reflection
of what we are trying to pro-
vide, but because I know
how committed-and dedicat-
ed most of you are.”

Senator, Dr Nottage was
accompanied on the tour by
Public Hospitals Authority,
Managing Director, Herbert
Brown; Princess Margaret |
Hospital, Chief Hospital .:
Administrator, Coralie :
Adderley; Medical Chief of
Staff, Dr Patrick Whitfield;
Principal Nursing Officer,
Emily Osadebay; Chief Med-
ical Officer, Dr Merceline’.
Dahl-Regis and other Dera
care officials.

He commended PMH
staffers, “keepers of the
nation’s health, for the fin
job I know all of you are”
attempting to do. ti

“You come under a lot of,
criticism because people are
always able to find:
fault...But, having had my;
own personal experience if
health care in this institution,
I know how difficult it is.

Understand

“T know the constraints.
under which you have to ©

work. I know the limitalidas
and J understand the issues.

“Tam going to do every=:
thing that is possible to seek
to improve the system.” |

He encouraged them to;
“do the best that you can®.
with what you have to work
with and to be as innovative
and creative as you can to ;
keep things going.’

PHA Managing Directo
Mr Brown said the Minister
is now well aware of the :*
challenges faced at the
PMH.

“You can hear that he i is.
compassionate about work-
ing hard to ensure that the;
people of our country
receive the best care that we
can provide within the con-
straints of the resources :,
available to us,” said Mr iH
Brown.

PMH Administrator, Mrs
Adderley said Dr Nottage’s
visit “went a long way in |
boosting morale. The staff
was extremely frank,
extremely open and honest
and I think his personality
led to that. He welcomed
their comments and encour-
aged it.

“Definitely we know that
working with Dr Nottage we
are going to continue the
great work that we do here
at the Princess Margaret
Hospital and the Public Hos-
pitals Authority.”











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.


THE TABUWe

| Rtas:

WRUNDIAY, MAY B, ZOO6, PAGE 9










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weekend on Boyd Road.

Ge RO aac

for Clarks &
Shoe Village Shoe Stores.
Please fax your applications to

326-0570

or mail to
P.O. Box N 3009
Nassau, Bahamas

with Purchase
while supplies last ~~

¢ University of the
West Indies,
__Bahamas Centre

Are you comfortable with your English and Mathematics?
Here is your opportunity. Register now at UWI.

Studying regain?

Course 1.

Mathematics: A Gentle Approach will give you a
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Please register by May 11, 2006
Classes begin May 15 & 16, 2006

For details telephone: 323-6593
Email: uwibahamas48@hotmail.com





@ ST. JOSEPH’S Marching Band perform for the many . oe
spectators at St. Joseph’s Catholic Church annual fair at the

(Photos: Mario Duncanson/Tribune staff)




CHOOSING HURRICANE SHUTTERS








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TEACHERS & SALARIED WORKERS
CO-OPERATIVE CREDIT UNION LIMITED

Pyaar oye
GENERAL MEETING

There Will Be No Second Call Notice As Per
_ The Co-operative Act 2005 Section 22

TO: All Members of Teachers and Salaried Workers
Co-operative Credit Union Limited East Street South
and Independence Drive

Notice is hereby given that the Twenty-Ninth (29th) Annual
Meeting of Teachers & Salaried Workers Co-operative Credit

Union Limited will be held at the British Colonial Hilton Hotel °
located on Bay Street, on Saturday, May 20, 2006 commencing

at 8:00am for the following purposes:

_* To receive the Report of the Board of Directors for 2005.
* To receive the Audited Accounts for 2005.
° To elect members of the Board of Directors
* To elect members of the Supervisory Committee.
¢ To discuss and approve the Budget for 2006.
° To take action on such matters as may come before the meeting.

Lenn King
Secretary

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(HE TRIBUNE a MONDAY, MAY 8, 2006, PAGE 11







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PAGE 12, MONDAY, MAY 8, 2006

We would like to advise our clients that we,

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@ BOLIVIA
La Paz

GLADYS Melani was nearly
blind from cataracts. Juana
Mamani was illiterate. Sharon
Mayra didn’t officially exist.
What these three Bolivians had
in common was poverty, and
help from Cuba and Venezuela
in solving their problems,
according to Associated Press.

Fidel Castro and Hugo
Chavez have made a fast and
extensive start in providing
President Evo Morales’ three-
month-old left-wing govern-
ment with humanitagian aid,
winning the thanks of its bene-
ficiaries as well as political
points.

It’s part of what Morales, in a
veiled taunt to the Bush admin-
istration, calls an “axis of good".

Melani’s cataracts were,

removed for free by one of
some 700 Cuban doctors who

have fanned out to the farthest -

THE TRIBUNE



corners of Bolivia. Cuban teach-
ing materials are helping
Mamani learn to read and write.

Technology from Venezuela
got 17-year-old Mayra the ID
card without which she couldn’t
travel abroad, vote, enter gov-
ernment buildings or collect’ a
pension. An estimated one mil-
lion poor Bolivians, nearly 10
per cent of the population, are
expected to get the same help.

Venezuela is also helping to
set up 109 rural radio stations so
Morales can spread his socialist
gospel much as Chavez has
done.

Morales, an Aymara Indian,
won office in December in.a
landslide of discontent with the
traditional ruling class. On April
29, he signed a “trade agree-
ment of the people” with Castro
and Chavez, a mostly symbolic
alternative to free trade agree-
ments Washington has reached
with other Latin American
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THE TRIBUNE



CARIBBEAN NEWS|

MONDAY, MAY 8, 2006, PAGE 13

doctors take new Bolivia by y storm



# BOLIVIAN indigenous women Juana Yujra, 63, right, and
Julieta Luna Aliaga, 55, take their first week of an
alphabetisation program led by the Bolivian government and
backed by technical cooperation with Cuba in Laja, 22 miles

from La Paz, Bolivia on Friday

|
{

Two days later, he decreed
the nationalisation of Bolivia’s
natural gas, an even more force-
ful assertion of state control of
mineral resources than Chavez

(AP Photo/Dado Galdieri)

has taken with his nation’s oil.

The United States remains
Bolivia’s single biggest foreign
donor, contributing a bit less
than half of the US$360 million

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annually with which rich nations
collectively pay 60 per cent of
the Bolivian government’s bills.

But the Cuban and Venezue-
lan largesse has mounted as
Morales continues to veer to
the left. Last weekend,
Venezuela offered an addition-
al US$130 million in two sepa-

rate funds — one for social pro- .

jects, another for.infrastructure
and development projects.
“What these doctors and
workers have generated goes
beyond co-operation and is
more about inter-human rela-
tions,” said Alberto Nogales,
Bolivia’s vice minister of health.

Criticism

Critics see dangers.

Fernando Messmer, an oppo-
sition congressman and former
foreign minister, says Venezuela
could use the database set up
for the ID cards to keep tabs
on Bolivians.

He has no proof, but contends
Venezuela and Cuba are con-
cerned more with promoting
Morales than helping the poor.

“It’s dangerous because it’s
moving toward consolidating a
totalitarian state,” he said.

Venezuela’s state energy
company, meanwhile, has
signed a contract to build an
ethane, methane and propane
plant in Bolivia, and Venezue-

lan experts are involved in the
details of Morales’ gas nation-
alisation. Chavez has offered
Bolivia diesel fuel that can be
paid for with farm products
such as soy.

Flush with petrodollars,
Chavez has offered fuel at pref-
erential rates to 13 Caribbean
countries as well as some poor
US districts; and scholarships
for Haitians.

Meanwhile the Cubans, who
in Cold War times sent soldiers
to fight in Angola and
Nicaragua, have focused on
bringing medicine and literacy
to friendly neighbors,
Venezuela included.

A literacy campaign modeled
on the one Cuba ran in
Venezuela aims to teach Bolivi-
a’s 720,000 illiterates to read
and write in two years. Cuba
has delivered 30,000 TV sets
plus workbooks and videotapes
for Bolivian volunteer teachers.

It is equipping 20 rural Boli-
vian hospitals, providing free

eye surgery in three new oph- -

thalmology centers, and offering
to pay for 6,000 Bolivians to
study in Cuba.

The Bolivian Medical

_ Association objects, saying

the country has 10,000 unem-
ployed doctors of its own.
But 75-year-old Gladys
Melani feels only gratitude

to the eye doctors at a newly

equipped centre in La Paz.

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PAGE 14, MONDAY, MAY 8, 2006



IMPORTANT NOTICE TO ALL POLICYHOLDERS AND
CREDITORS OF THE BAHAMIAN BRANCH OF INDEPENDENT
INSURANCE COMPANY LIMITED (IN PROVISIONAL
LIQUIDATION)

The Joint Provisional Liquidators (“JPLs”) of Independent Insurance Company
Limited (in Provisional Liquidation) (“independent”), Mr Dan Schwarzmann and
Mr Mark Batten of PricewaterhouseCoopers LLP of Plumtree Court, London are
pleased to announce that the run-off of claims against independent’s Bahamian
branch (“independent Bahamas”) is nearing completion. They are proposing to
make a final dividend payment in June 2006 to all Bahamian creditors whose
claims against independent Bahamas have been agreed. In order to qualify for a
final dividend payment in June 2006 your claim against Independent Bahamas
must be agreed by 31 May 2006.











Policyholders whose claims have already been agreed



If you have already agreed your claim against Independent Bahamas then you
will shortly be receiving a letter detailing the settlement conditions of your claim.
You must sign and return the letter to Orry J Sands & Co. Ltd (at the address
detailed below) before 31 May 2006 in order to qualify for the final dividend
payment in June 2006.







If you believe that you have an agreed claim against Independent Bahamas and
you do not receive such a letter by 12 May 2006 please contact Orry J. Sands &
Co. Ltd at the address below.




Policy holders with unagreed claims




For those claimants who have not yet agreed their claim with Independent Bahamas,
please note that you must have agreed your claim and have signed a returned a
letter detailing the settlement conditions of your claim before 31 May 2006 if you
want to receive a final dividend payment in June 2006. Therefore please contact
Orry J. Sands & Co. Ltd. with your claim details as soon as possible.






Creditors who are not policy holders







If you are a creditor of Independent by virtue of a claim against an Independent
policyholder, or through the provision of some service covered by the policy, for
example, legal expenses or garage repairs, you will receive a letter detailing the
settlement conditions of your claim which you will be asked to sign and return.
Your participation in this process is in the interests of all parties concerned,
especially yours.






Quantum and timing of the dividend payment






The JPLs can confirm that, based on the information available at this time and
their understanding of the level of claims of Bahamian creditors, the quantum of
any dividend payment, whether paid in June 2006 or at a later date (for claimants
whose claims are agreed after 31 May 2006) is likely be 100%.:





Contact Details:



Orry J. Sands and Co. Ltd
P.O. Box N-3827
Nassau, Bahamas





Tel: 242 393 4300
Fax: 242 393 6258





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LOCAL NEWS

ever, is calling on Bahamian
authorities to extradite
February when prosecutor Kozeny to the Czech Repub-
Francis Cumberbatch, on _ lic.
behalf of the US, explained Kozeny first entered the
that country’s accusations and world of finance in the
proposed that Kozeny be Czechoslovak coupon privati-
extradited to the US. sation project in the post-
Roman Polasek, the Czech Communist era in the early
deputy justice minister, how- 1990s.

FROM page one

dering and conspiracy.

attempt to bribe Azeri offi-
cials, Kozeny used money
from his US investors.

g
Training Seminar
: with | |

Pam Warren

The Singer Sewing Company

ant

gunenk ~

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Date: Tuesday May 9th, 2006
Time: 9am-12pm (hourly)

3pm- 7pm (hourly)

Place: Linen Department,
: ‘Kelly’s Home Centre

Pam will be glad to answer
all of your sewing questions!

A WO MEE eS

bring into Kelly’s before May 9th, 2006

Name:
Tele #:
P.O. Box: 1

- Time of session:
Registration forms also available at Kelly’s, Linen Dept.

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GRAND BAHAMA POWER COMPANY =:
Keeping Grand Bahamas Future right oa
VACANCY NOTICE

Bale

A vacancy exists in the Generation Maintenance Department of Grand Bahama
Power Company, for a Mechanic III.

The duties include but are not limited to performing routine checks to ensure
mechanical and operational worthiness of plant equipment and ensuring cleanliness
of valves, motor, pump, compressors, condensers, coolers and piping in the
Power Plant. The incumbent would also assist in writing of procedures, repairs
and preventative maintenance of all mechanical equipment, while providing
excellent customer service and maintaining the professional reputation and image
of Grand Bahama Power Company.

The applicant will be required to maintain effective communication with co-
workers and upper management, remain abreast of new evolving or changing
technology and maintenance procedures in the electrical power industry and
participate in advancement training. .

The successful applicant must be a Bahamian with High School Diploma and.
BGCSE or GCE ‘O’ level passes in Mathematics, English language, and two (2)
sciences with grade C or above. Applicants must also have a minimum of two
(2) years experience working in mechanical maintenance or the equivalent job
training. ;

Applications with supporting documentation including a clean Police Certificate
and proof of Bahamian citizenship should be sent to:

THE DIRECTOR OF HUMAN RESOURCES
GRAND BAHAMA POWER COMPANY, LIMITED |
P.O. BOX F-40888 ert
FREEPORT, GRAND BAHAMA, BAHAMAS
OR BY FACSIMILE: (242) 351-8008
Email: hrdept@gb-power.com

DEADLINE FOR RECEIPT OF
APPLICATIONS IS FEBRUARY 16, 2006

Grand Bahama Power Company Limited
P.O. Box F-40888, Freeport, Grand Bahama, Bahamas
Phone: 242-352-6611 ¢ Fax: 242-351-8008 U: www.gb-power.com

THE TRIBUNE |.

Date for verdict in Kozeny extradition case

_ PRE we omney

) Ve, HOUSC 3 Stine
elly's "Hore fie 9



a
&

In the US, he has been ,
charged with corruption in the ':.
Azeri oil industry privatisa- ,
tion transaction, involving: :'
accusations of money laun-. : :

It is alleged that in an.
THE TRIBUNE

Teens real
estate today

Carmen Massoni





DON’T you love watch-
ing those home-improve-
ment and makeover shows
on*:HGTV, Discovery
Channel and the like?

They’re encouraging
greater numbers of home-
owners to plan and tackle
their. own “Do It, Yourself”
projects. As a matter of
fact, the US Census Bureau
shows that 20’ per cent. of

improvement costs are ~

reldted to DIY ventures.
There are plenty of great

jobs you..can. handle.on.
your own, dike:interior and |.

exterior painting and land-

scaping. Beyond that; how-.

ever, you have to be-care-
ful and make sure that you
have, the time and the
expertise -that your
improvement demands.

If you begin a project,

and.then find: you have to:

call in professionals to fin-
ish .or fix your work, you'll
end up spending even more
money than you had
platined, which can be dif-
ficult to recoup when you
sell.























Experts stress that major
improvements to your
home’s structure, plumbing
or wiring should be left to

the pros — to protect your

safety, warranties and your
home’s value.

Projects:
A lot of DIY projects

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and standards.

If you’re serious about
doing your own work, do
your research, and fully
understand how to com-
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you begin.

That preliminary foot-
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frustration!) by hiring a
professional.

April Ist - May 14th

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LOCAL NEWS

FROM page one

that affects marine mammals.

He explained that 96 per
cent of testing done at
AUTEC involves passive
sonar.

“Tt is basically a listening
device at bottom of the sea,”
he added.

Dr Hardt also said that
marine mammal beachings
date back to a time when
there were no submarines
and no sonar testing.

“Beachings date back to
the time of Aristotle,” he
said.

Given that the Bahamas
has thousands of miles of
coastline in a region where

marine mammals migrate |

through and live, he said,
some beachings are to be
expected.

“Worldwide there thou-
sands and thousands of
beachings. In the US alone
we have annually between
3500-4000 beachings on our
shores,” he said.

Dr Hardt explained that








although sonar is among the
top seven causes of beach-
ings, only a small number of
incidents are believed to
have actually been caused by
sonar testing.

“Last year 600,000 marine
mammals were killed in fish-
ing, (animals) caught in nets.
The number of beachings
directly attributed to sonar
is about five per year,” he
said. — 2s

Addressing the criticism
that the US government is
paying “only” $10.8 million a
year for the lease of the base
and the use of Bahamian
waters, while the potential
impact on the country’s life is
still unclear, Dr Hardt
responded by pointing out
the facility’s economic bene-
fits.

In addition to the leasing
fee, he said, the US govern-
ment spends some $3.5 mil-

‘lion in salaries for the

approximately 220 Bahami-
ans it employs.

“There’s also $3 million

(spent in) local purchases.
Overall the economic contri-

bution is in the range of $16-
18 million a year,” he said.
Following last week’s visit
to the naval base by a dele-
gation made up of govern-
ment officials and certain
members of the media, Dr
Hardt said a special day will
be set aside in June for all



COU y ein



the Bahamian press to
meet with experts at
AUTEC.

After this, a town meeting
will also be held in which
Androsians will be able to
ask all their questions and
express their concerns, he
said.



BUT gives assurances of no
further industrial action

FROM page one

stated that precautionary measures have been implemented
to ensure that next week’s BGCSE practical examinations

are not interrupted.

“We are taking every precaution to ensure that the exam-
inations are held and that students who are scheduled to take

them are able to take them,” Mr Sears said.

The next meeting between government negotiators and

the BUT is scheduled for tomorrow.

However, Mr Sears said that “understandably” his concern
is now focused on the conduct of school and the resumption

of the negotiations.

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PAGE 16, MONDA,, MAY 8, 2006 THE TRIBUNE
LOCAL NEWS



















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BRENT Symonette, deputy
leader of the Free National
Movement and MP for Mon-
tagu and the FNM Montagu
Association, hosted a Fun Day
at the Mt Vernon Park for the
people of that community.

On hand to join in the fun
were the deputy leader and Mrs
Symonette, the officers: ‘and
members of the FNM Montagu
branch and a wide cross sepuibn
of residents.

Children of all ages joinatti in
the fun with snow cones, the
bouncing castle, bikes, trikes
and food and beverages for all:

The fun day brought mem-
bers of the community togethier
for a day of recreation and pro-
vides an opportunity to discuss
community issue, events and
matters of importance with their
Member of Parliament.

Pictures above show residents
and branch members enjoying
the bouncing castle, playing
games and relaxing.

Share
your
news

The Tribune wants to
hear from people who
are making news in
their neighbourhoods.
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“JAN FEB MAR














t

MONDAY, MAY 8, 2006

SECTION



business@tribunemedia.net





Miami Herald Business, Stocks, Analysis, Wall Street

\

Rival City Markets

offers being

@ By NEIL HARTNELL
Tribune Business Editor

major

Trinidad-::

based con-

glomerate and

Abaco Mar-
kets’ principal shareholders are
among the entities planning to
form a buyout group that will
make a rival offer for the
majority 78 per cent stake in
Bahamas Supermarkets, The
Tribune can reveal. ~
- Business community. sources
have confirmed that Neal &

Massy Holdings, the Trinida- |
dian industrial conglomerate:
with investments in sectors:

ranging from retail to financial
services and automotive indus-
tries, is part of a group looking
to structure an offer for the
Bahamian supermarket group;

which operates under the City ,
Markets and Winn-Dixie,

brands.

Fidelity International Bank
& Trust, and its subsidiaries,
are understood to be acting. as)
corporate advisers and struc-.

turing the bid for the group
which, apart from Neal.&
Massy, is also understood. to
have connections to Abaco
Markets, the BISX-listed retail
group.

It is unclear-whether Abaco
Markets ttself-is-involved:in:
the bidding group, or whether.

readied.

Trinidad conglomerate and Bahamian efoups.|
working on bid to beat BK Foods

its major shareholders - such
as chairman and chief execu-
tive, Craig Symonette, and
Frank Crothers - are through a

_ private company that is sepa-

rate from the BISX-listed enti-
ty.

Another company said to be
involved in the bid group is
Barbados Shipping & Trading,
a publicly-quoted company in
Barbados that has a large
retailing and distribution divi-

sion, which includes food prod-

ucts.

It was suggested that Neal
& Massy, Barbados Shipping
and Abaco Markets’ principals
would inject equity into the
buyout group. Neal & Massy is
a major shareholder in Hi-Lo
Foods, a 17-strong supermar-
ket chain in Trinidad, and it is
this company and Abaco Mar-

kets that will be looked on to’

provide management exper-
tise.
Fidelity sources declined to

comment when contacted by,

The Tribune at the weekend.
Bidders seeking to submit a
rival offer to the $50 million

-bid:madé by BK Foods, a-
Bahamian group headed by

ye rrr Corry

\

principals J erome Fitzgerald,
Mark Finlayson and Phillip
Kemp, now have only four
working days in which to sub-
mit their formal offers.

All bids for Winn-Dixie’s 78
per cent shareholding in
Bahamas Supermarkets must
be submitted by Spm on this
Thursday, May 11,

If there are any competing |

offers to BK Foods’ bid, then
Winn-Dixie will hold an auc-
tion on May 15 to:determine
who the winner is. |

The US retail giant is under
Chapter 11 bankrupcty pro-
ceedings in the US, so the like-
ly winner of any auction for
the majority stake in Bahamas
Supermarkets will be; the high-
est bidder - the one who offers
the most money.

Once the winner is\decided,
Winn-Dixie will seek) ‘authori-

sation from the US Bankrupt-
cy Court in J acksonville, Flori-.

da, on May 18 for the sale of its
78.per cent stake. sb

Any rival offer for Bahamas
Supermarkets must:be at least
$51.5 million, beating BK

-Foods*submission by $i.5 mil-*
lion, due to the $1. million sn

-COLINAFINANCIAL.com







a



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BUSINESS TECHNOLOGY

# 56 Madeira Street, Palmdale
P.O. Box SS-6270 Nassau, Bahamas

_ Tel: 242.328.3040 | Fax:242328.3043

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break-up fee Winn-Dixie
would have to pay the latter.
Abaco Markets’ balance
sheet and cash reserves are
nowhere near strong enough
for it to mount a rival bid for
Bahamas Supermarkets on its
own, given the consistent loss-

~ es it has made over the past

four years. It is still busy paying

down the substantial debt load .

incurred during its acquisition
binge during the late 1990s and
early part of this century.

Therefore, it could only
make a rival offer for Bahamas
Supermarkets as part of a

_ group involving much SHON Ber

players.

One source said it should ;
not be surprising that compa- ©

nies in the food retailing busi-
ness should be eyeing Bahama

_ Supermarkets and examining

whether to’ make an offer.
The ‘source added:
shouldn’t be surprising at all. It

would be surprising if it didn’t
happen.”
- Possibly as many as two oth-

er bids could be received for

~ SEE page 5B

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Bahamas fund

chief examined

@ By NEIL HARTNELL
_ Tribune Business Editor

THE head of a former Bahamas-based fund administrator

"has been examined under oath by the court-appointed receiv-

er for a Bahamian investment fund, who is seeking to dis-

{REED IA AeA OE AC

cover the whereabouts of almost Cdn $500 million placed |

into that fund.
Raymond Massi, of RSM Richter, said in his latest update

to investors in the Bahamas-domiciled Olympus Univest °|
fund that he had examined Stephen Hancock, the former

head of Cardinal International Financial Services, which:
acted as the fund admninistrator for that fund.
Cardinal also acted as the administrator for Mosaic Com-

posite, the chief Olympus Univest counterparty, but there is »

nothing to suggest that Mr Hancock has done anything
wrong in relation to either entity. ‘

In his efforts to recover funds for investors, Mr Massi
said he had found $1.4 million in Mosaic Composite assets

that were held:on deposit in the Bahamas by an unnamed |

“third party”. He added that he was now seeking to recover

- these funds.

‘A major chunk of the Olimpie Univest assets identified so
far includes the Cdn $7.2 million holding the fund has in Pre-
mier Real Estate Investment Corporation, the BISX-listed
real estate investment trust, which as a mutual fund owns
Freeport’s First Commercial Centre, plus all of Caribbean

- Bottling’s Bahamian properties.

ANS It ;

long and complicated.

Mr Massi added that he
‘was ‘currently conducting-a

eooren =



Mr Massi said’ “a legal process..... has been initiated to
recover these assets”, but warned that the process would be *

Among Premier Real Estate’s founding directors, although . |
he is no longer on the Board, was Mr Hancock, who was |
_ president and chief executive of Cardinal International.
Given that Premier Real Estate was seeking US $14.153 |
million when it was launched, it is possible that the invest- |
ment by Olympus Univest in the company accounts for
almost one third of its share capital.

__ SEE page SB. eu.

Firm to provide —

entrepreneurs _

‘launching pad’

a By NEIL HARTNELL |

_ Tribune Business Editor

A - NEWLY- established
Bahamian business is aiming to

_ provide. “a one- -stop office” for

aspiring small businessmen and

women, telling The. Tribune its .

‘vitual office’ and other services
would provide a “launching pad”
for Bahamians to transition from

employee to entrepreneur and

take away headaches associated.
with ‘back office’ functions.

Marlo Murphy-Braynen, ‘head
‘of Loram. Corporate & Family

Services, said budding Bahamian

Batcoreaeurs would be able: to

access through her firm “every-
thing you need for your business”,
including Internet and telephone
services for a modest fee.

- She explained that among the

__ services offered by the company

were ‘virtual offices’, providing
an office environment for small
businesses and entrepreneurs to
conduct meetings and confer-
ences in, without them incurring
large. upfront costs to buy their.
own physical premises.

SEE page 5B

‘Cable Bahamas

in share buyback

@ By NEIL HARTNELL
Tribune Business Editor
CABLE Bahamas’ has

announced a share buyback
plan that will see the company

repurchase up to 200,000

shares on the Bahamas Inter-

national Securities Exchange

(BISX), a move that is likely to

be intended to send signals that

the company believes its stock
is undervalued.

- The formal share buyback,
a first for the Bahamian capital
markets, will see Cable
Bahamas repurchase its shares

“at prices to be determined”



by its Board of Directors
“from time to time”. The buy-
back can start when trading
opens on BISX this morning.

“Management has been
authorised to determine when
the plan should commence,
and may at its discretion ter-
minate the plan at any time,”
Cable Bahamas said in a state-
ment.

Capital markets analysts sug-
gested that Cable Bahamas’
move may be designed to indi-
cate to the market that the

SEE page 4B








consulting




@ By Fidelity Capital
Markets

t was another blistering
hot trading week in the
Bahamian market, as
over 65,000 shares
changed hands. The market
saw 13 out of its 20 listed
stocks trade, of which seven
advanced, two declined and
four remained unchanged.
. The volume leader for the
week was Colina Holdings
Company (CHL), with 17,846
shares changing hands,
accounting for 27 per cent of
the total shares traded. The big
advancer for the week was
Tthe Bahamas Property Fund
(BPF), up $0.30 to close at a
new 52-week high of $11.
Commonwealth Bank
(CBL) also recorded a new 52-
week high of $10.40, gaining
$0.24 to end the week at
$10.40. On the down side,
Cable Bahamas (CAB)
declined by $0.15 to close the
week at $9.

\




t)

FOREX Rates

a
i

}CAD$ —
. GBP
; ‘EUR

%
I.

‘Commodities



Ih

‘|-Crude Oil
Gold

International Stock Market Indexes:

DJIA
S&P 500
“NASDAQ
‘Nikkei



| Cit



| Business Head.

‘International Markets

group,
corporate and
investment banking

| CITIBANK N.A., NASSAU,
| BAHAMAS BRANCH ~

PAGE 2B, MONDAY, MAY 8, 2006

The FINDEX increased by
1.51 points to end the week at
632.50.

COMPANY

J. S. Johnson Company

(JSJ).- .

For fiscal 2005, JSJ posted
net income of $4.4 million,
which represents a decline of
$442,000 or 9.09 per cent ver-
sus $4.8 million in 2004. Earn-
ings attributed to common
shareholders declined modest-
ly year-over-year to $4.5 mil-
lion.

Total income declined by
$191,000 to total $23.3 million,
while expenses increased by
$250,000 or 1.34 per cent to
total $18.9 million. Earnings
per share declined by $0.01 to
stand at $0.56 as at December
31, 2005.

In related news, J. S. John-
son Company will hold its
Annual General Meeting on
May 29, 2006, at 6pm at Radis-
son Cable Beach & Golf






Weekly % Change
1.1062 ~ "20.95
1.8593 1.86
if .2728 0.78
Weekly % Change
$70.04 -2.30
$685.70 451








Weekly %Change
11,577.74 1.85
1,325.76 114
2,342.57 0.86
17,153.77 1.46









| Mrs. Juliet Taylor, Customer Service Supervisor, for being
the recipient of the “Team Member of the 1St Quarter 2006”
Award. Juliet was chosen by her colleagues for her outstanding.
contributions and tireless efforts. We encourage you to keep
| up the great work! L to R— Mrs. Pearlene Moxey, Operations
Head; Mrs. Juliet Taylor and M

"

r. Luis Carlos Ochoa,

Resort, Nassau, Bahamas.

Benchmark (Bahamas)
(BBL) -

BBL management, via a
press release, announced net
income of $906,000, which rep-
resents an increase of $180,000
or 25 per cent over the
$726,000 achieved in 2004.

Earnings per share increased
by $0.03 to total $0.18, while
book value per share grew by
$0.16 to total $1.04. Alliance

. contributed $487,000 to BBL's

bottom line, while Benchmark
Advisors and Benchmark con-
tributed -$9,000 and $429,000
respectively.

Consolidated Water

Company (CWCO) -

For fiscal 2005, CWCO post-
ed net income of $5.5 million,
down $683,000 or 11 per cent

year-over-year. However, 2004

results included a non-recur-

ring insurance recovery of

$591,000.

Total revenues increased by
$2.9 million or 12 per cent to
total $26.2 million, while cost

of sales grew by $2.2 million

or 16 per cent to total $15.8
million. Expenses also rose by
$1 million to total $6.1 million,

compared to $5.1 million in
2004.

~ Operating income for fiscal" | ~
2005 was $4.2 million versus .

$5 million in 2004. Basic earn-
ings per share declined by

$0.07 to total $0.47 compared |

to $0.54 in 2004. Return on
shareholders equity stood at
9.28 per cent as at December
31,2005; compared to'12.8 per

cent in 2004. In related news,

for those CWCO-BDR holders
who might be interested, Con-
solidated Water'Company Ltd
(CWCO) will hold its Annual
General Meeting on May 10,

.2006, at 10am at the Courtyard ~ : (

Marriott Resort, Grand Cay-
man, 1590 West Bay Road,
Seven Mile Beach, Grand Cay-
man.

Cable Bahamas (CAB) -

Management of CAB has

announced that its Board of
Directors have agreed to

- repurchase up to 200,000 Cable

Bahamas shares in the regular

market on.BISX, at prices to =

be determined by the Direc-

tors from time to time. The _

commencement of the repur-
chase exercise on BISX is
scheduled to begin on May 8,
2006. .

Venture capital |,

fund's first $1m
is 90% allocated

m@ By CARA BRENNEN ©
‘Tribune Staff Reporter

NINETY per cent of the

“first $1 million allocated to the™

Government-created venture
capital fund to aid small busi-




ness financing has already been

‘ distributed, the Minister of
‘- Financial Services and Invest-

ments told the second annual’

“sniall business forum. *

- Vincent Peet said this $1 mil-_
lion came out ofthe 2004-2005 -

Budget and, as of January

2006, almost all had been allo- -

cated to Bahamian entrepre-
neurs.

The second $1 million -
tranche; which made available _

in this year’s 2005-2006 Bud-
get, is now starting to be dis-
tributed, and already seems to
be “ highly subscribed”, said
Mr Peet.

“Tt is a step in the right direc-

tion,” he added.
‘Mr Peet officially opened
the forum_at the College of the

Bahamas, telling participants

INTENT TO CHANGE NAME BY DEED POLL
The Public is hereby advised that I, DELORES BEATRICE
| FORBES, of P.O. Box N-4166, Nassau, Bahamas, intend ,
to change my name to BEATRICE CHARISSA FORBES.
| If there are any objections to this change of name by
Deed Poll, you may write such objections to the Chief
Passport Officer, P.O.Box N-742, Nassau, Bahamas no
later than thirty (30) days after the date of publication of










this notice.

| FINDEX 632.50 YTD

THE TRIBUNE



Daa

_ CLOSING CHANGE VOLUME

PRICE |

S071 oo 0.

ost
$0.70 -—
$7230
$11.00.
$14.00.

Be $1.27 ©

that the Government intends

to launch an educational. cam-
paign to highlight the incen-

tives, concessions and oppor-

joint ventures with foreign
investment projects.

_ Belief

Mr Peet said the belief that
Bahamians are not given the

same concessions as. foreign :
investors is\“‘a major.miscon-

ception” that, needs clearing
up rapidly. PR

“It is important to clear this
up, because Bahamians are

~ given more concessions than

foreigners,” he added.

The Government plans.

strengthen a comprehensive




FAMGUARD

The Board of Directors

FamGuard Corporation Limited
is pleased to advise that
the first quarterly dividend
for 2006
~ “of 6 cents per share
has been declared
to be paid on
May 19, 2006
to Shareholders of record
as at May 15, 2006

FAMGUARD CORPORATION LIMITED
The parent holding company of
Guardian Insurance:



Consultants Limited
Limited

“tumities available in the small . .said_-.--:+

- business sector, and encourage





support system, in conjunction
with financial institutions, to’
provide even greater technical
support and training, Mr Peet
Along with these incentives,
he‘added that the: Government
was redoubling its efforts to
reduce the red tape that hin-
ders small business growth. |

_. Mr Peet said the trade show
was particularly encouraging

at a time when the business cli-
mate was becoming more
demanding, and factors such

_as global competition, market

trends and advances in infor-
mation technology was restrict-
ing the way the country did
business.” ce Ao
Mr Peet encouraged busi-
ness owners to ensure they
received good advice and guid-
ance in developing sound,
workable business plans, and

~ to ensure their cash flow can

sustain their business idea for
about three months. After that,
he told them, they can revert to
the relevant financial institu-
tions for assistance.

The two-day event was held
in conjunction with the Min-
istries of Finance, Agriculture
and Marine Resources, Finan-
cial Services and Investments,
the College of the Bahamas,
the Chamber of Commerce,

‘The Small Business Associa-

tion, the Bahamas Light Indus-

try Council, the Bahamas |

Agricultural Producers Asso-
ciation, BAIC and_ the
Bahamas Development Bank.

your

| hews

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
SCOT. (0 MUSE saan eeac


THE TRIBUNE

MONDAY, MAY 8, 2006, PAGE 3B



ee US

Construction boom hits straw

x

ai

>.
oe

vendors’ materials supply —

By CARA BRENNEN
Tribune Staff Reporter

THE current construction
boom could threaten the liveli-
hood of Bahamian straw and
craft vendors through more
bush areas being cleared away,
limiting the availability of the
raw plant materials needed for
their products.

Speaking with The Tribune
at the second annual small
‘business forum, Emily Rah-

Minister

Tribune Staff Reporter



THE Bahamas needs to do

‘something “quick”, because
‘the amount of produce being
‘imported by hotels and the
‘tourism sector has been detri-

-mental to Bahamian business- -

‘men, a government minister
‘said. ;

Leslie Miller, the minister

-of agriculture and marine
‘resources, told participants at
‘the second annual Small Busi=
-ness Forum Trade Show that
‘the challenge his ministry faces
‘is “to create a business envi-
ronment that ensures that fish-
-ermen and farmers can take
advantage of the opportunities

’ in the local and export mar-

ket”.

>. Mr Miller said it was impor-
tant that the ourism industry
not be allowed to continue
bringing in food and fish prod-
ucts to the detriment of
Bahamians. He questioned
who, if an investor built a mul-
ti-million dollar hotel but did
not use Bahamian labour, was
the real beneficiary.

ming, of the South Andros
Handicraft and Manufacturers

Association, said the increased.

level of development was
affecting their ability to go out
and get the materials they
need.

“What is happening is with
the development as it is com-
ing on stream, a lot of our
palms are being mowed down,
and that is something that we
have to try and get government
legislation to protect,” she said.

Ms Rahming added that the
Bahamas should also find ways
to “farm” palms and other
natural materials, so that there
remains a constant supply for
handicraft manufacturers.

Challenge

She said that another major
challenge vendors faced was
the lack of appreciation by
Bahamians as to the time, skill
and labour which goes into

seeking hotels to
‘sponsor’ Bahamian farms

‘g By CARA BRENNEN

In all the investment projects
that come into the country,
Bahamians should come first
and foremost, he said.

Mr Miller said his ministry
remained committed to.ensur-
ing that Bahamians tap into
the tremendous opportunities
that are available in replacing
imported products with those
that are home-produced.

“There is no reason why
import substitution entities
shouldn’t flourish in this coun-
try,” he added.

Mr Miller said his ministry
was trying to launch an initia-
tive where hotels could adopt
Bahamian farms. This would
create a mutually beneficial
arrangement, giving Bahami-
an farmers a guaranteed mar-
ket for their produce.

Mr Miller said another prob-
lem affecting small business
owners was the fact that, by
and large, Bahamians did not
support Bahamian-made or
grown products.

“We have many hurdles to
overcome if the small man in
this country is to gain any
foothold in the economic life of

LEADING LAW FIRM

invites applications for an attorney for Abaco Office.

Applicants must have a minimum of 3 years experience .
in the areas of Conveyancing and Litigation, demonstrate
an ability to work independently and possess a thorough
working knowledge and technical competence in the

- mentioned areas.

Successful applicants can look forward to competitive

remuneration and benefits.

Apply in confidence to:

G. Bastian
P.O. Box N-3247
Nassau, Bahamas
Or to:
glosbastian @hotmail.com

The Federal Republic

our country,” he said.

“I believe that you as con-
sumers, and the Government
in particular, who is the great-
est purchaser of goods in the
Bahamas, need to be more
conscious of the needs of those
trying their best to make a dif-
ference in our country.”

Mr Miller also vowed that
his ministry will be putting a
stop to a practice used at some
stores, which is to stock up on
international produce so that
they do not have ‘to purchase |
domestic supplies.

“You know what the store
does; they bring in an abun-
dance of onions, so that when
the onions from Andros are
produced they don’t have to
carry them because onions can
last a long time. That will stop,
I assure you of that,” Mr Miller
said.

making their products.

’ “Some products, Bahamians
think that if it is foreign it is
better, but they don’t appreci-
ate the art of crafting these
products,” she said.

Ms Rahming noted that this
lack of appreciation by
Bahamians makes it challeng-
ing for vendors to price their

. goods correctly, because some
persons are not willing to pay
the money.

The Bahamas Vocational

and Technical Institute (BTVI)
had done a tremendous job in
ensuring that there remains a
skilled talent pool in the indus-
try, she added.

However, it is also the
responsibility of those in the
field to train young people. Ms
Rahming said her Association
has held a number of sessions
on straw work and raffia
design, and has worked with
the Ministry of Youth summer
programme.

Support from the private
sector was another challeng-
ing area for craft vendors » °

Ms Rahming said: ““We have
to find a way to get into those
places, get them using our
products. Some places are
coming around, but the com-

petition from the foreign prod-.

ucts is pretty high.” -
She added that often, some
crafters will resort to selling
nogn- Bahamian items to sup-
plement their income. ©.”

POSITIONS AVAILABLE FOR |
SENIOR ASSOCIATES

PricewaterhouseCoopers has vacancies for qualified accountants whose *
qualifications make them eligible for membership in the Bahamas Institute
of Chartered Accountants., Prospective candidates should have at least three :-
(3) recent years of public accounting and auditing experience and be computer
literate.

The positions offer challenging work in the financial services industry and -
other areas of industry and commerce. The salary scale, which recognizes - s
different levels of experience and skill, is designed to reward high performance. |
In addition, the Firm provides excellent medical insurance and provident

fund benefits.

Please submit your application with Curriculum Vitae to:

Human Resources Partner

PricewaterhouseCoopers
P.O. Box N-3910
Nassau, The Bahamas

Are you looking for a new challenge?,



We are currently seeking talented and highly motivated candidates to join our Information Technology (“IT”) Services and |
Information Risk Management (“IRM”) practices. ;

IT Services and IRM Associate

Successful candidates for the dual role of IT Services and IRM Associate will have a minimum of a Bachelor's degree from
an accredited institution and one to. two years of experience. Exceptional writing and documentation skills are required.
Experience with Active Directory, TCP/IP, network and application security skills, and backup software preferred. Duties will
include technical support for staff, management of backend IT infrastructure, IT audit compliance testing, change
management recording, and security documentation. MCP and/or CCNA certification and experience preferred.

This is an excellent opportunity to broaden your professional experience in a varied practice that offers competitive
compensation and benefits packages.

hE NA ig TURAN St RE TE LER PRN aE SE hn Ere 5
Applicants should submit a cover letter, resume, copy of their transcripts and copies of any relevant certifications, to: KPMG, Human Resources Manager, P.O.
Box N123, Nassau, Bahamas or tdavies@kpmg.com.bs.

AUDIT * TAX » ADVISORY

© 2006. KPMG, a Bahamian partnership, the Bahamian member firm of KPMG International, a Swiss cooperative. All rights reserved.

Bis.

Pricing Information.As Of:
2006 Z








Colina

Financial Advisors Ltd.



























































40.00 Caribbean Crossings (Pref)

-0.084 NM

During this period the Honorary Consul will

be able to review applications for Schengen

Pe
b f ( : 52wk-Low

O ermany : 0.59 Abaco Markets Ovi 6.00 “O.019 6.000 NiM
a 44.00 8.50. Bahamas Property Fund 171.00 11.00 0.00 1.568 0.360 7.0
' 7.24 6.26 Bank of Bahamas 7.23 7.23 0.00 0.643 0.330 11.2
b 0.85 0.70 Benchmark 0.70 0.70 0.00 0.183 0.020 3.8
i , 1.80 4.24 Bahamas Waste 1.27 1.27 0.00 0.110 0.060 14.3
4 5 4 j 1.24 1.04 - Fidelity Bank 1.24 1.24 0.00 0.175 0.050 6.2
, The Public is advised that effective 2.60 8.00 Cable Bahamas 9.00 9.00 0.00 0.565 0.240 15.9
" 2°20 1.39 Colina Holdings 4.67 1.67 0.00 -0.067 0.000 NM
Â¥ Z 2 ffi h 40.40 8.49 Commonwealth Bank 40.30 10.40 0.10 3,871 0.931 0560 11.2
: immediately, the new office hours are as 5.77 412 Consolidated Water BORs 5.77 5.75 -0.02 0.091 0.045 637
' 2:88 1.51 Doctor's Hospitat 2.46 2.46 0.00 0.437 0.000 5.6
‘ foll . 6.21 4.02 Famguard 6.20 6.20 0.00 0.539 0.240 14.5
> OLLOWS: 44.25 10.40. Finco 11.25 411.25 0.00 0.738 0.540 15.2
‘ 42.00 8.46 FirstCaribbean 412.00 12.00 0.00 0.874 0.500 13.7
; 10.42 7.93 Focol 10.42 10.42 0.00 0.833 0.500 125
b 4.27 1.45 Freeport Concrete 1.15 4.45 0.00 -0.162 0.000 N/M
b 10.20 9.50 ICD Utilities 9.50 9.50 0.00 0.526 0540 18.14
6 _3- ~d4: 9.10 8.22 J... Johnson 9.00 9.00 0.00 0.572 0.560 15.7
Tuesday 2:00 pm 4:00 pm 7.98 5.30 Kerzner Intemational BDRs 7.98 7.98 0.00 172 (0.184 0.000. 59.6
10.00 10.00 ier RealEstate ; BOOO $000 ie | 1000 i 2.036 0.585 4.9
b Thursday - 2:00 pm - 4:00 pm EOC OUY CE ee ——aua“>#éeéa“a MO OO(—"”1(|"("("("(@("n"—
t S2wk-Low Bid $ Ask $ Last Price Weekly Vol EPS$ Div $ P/E
» 13.25 {2.25 Bahamas Supermarkets 14.00 1.917 0.720 7.2
f : : 0.000 0.800 NM
‘

»

e |-

b

»

b

$

i‘



1.285819”
2.6570 *** E : ‘
2.356042**

Colina Money Market Fund
Fidelity Bahamas G & | Fund
Colina MS! Preferred Fund

Colina Bond Fund

: Visas, Passports and other Consular Matters.





YIELD - fast 12 month dividends divided by closing pric
Bid $ - Buying price of Colina and Fidelity 3
Ask $ - Selling price of Colina and fidelity

Laat 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

Psiviton +e TNS ME ESM IT POSTEO SEO
BISX ALL SHARE INDEX - 19 Dec 02 000.00
52wk-Hi - Highest closing pride in last 52 weeks
S2wk-Low - Lowest closing price in tast 52 weeks
Previous Close ~ Pravious 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
DLV $ - Dividends per share paid in the fast 12 months
P/E - Closing price divided by the last 12 month eamings
**. AS AT APR. 30, 2006/ **** - AS AT MAR. 31, 2006
“= AS AT APR. 28, 2006/ *** ~ AS AT FEB. 28, 2006

25

Es oS

Please also be advised that the office is situated

in Alliance House on East Bay Street.

Ss



SX KKK




PAGE4B, MONDAY, MAY 8, 2006



DOCTORS HOSPITAL
HIP AND KNEE
_ REPLACEMENT
~ CONSULTATIONS

Date: Tuesday, May 9
Time: 2:00.pm — 6:00 pm

‘FOR AN APPOINTMENT
: CALL 302-4684



And he had one here.

Do you have daily joint pain? Do you’

suffer from severe Osteoarthritis? Does
your pain affect your daily activities? Do
you have stiffness of your knee or hip
joint?

~ Dr. Jimmy Lee M.D., F.A.C.S., Orthopedic

and Total Joint Replacement Surgeon will

be conducting his monthly Total Joint (hip _

and knee) Replacement Consultations at
the Doctors Hospital Sessional Clinic.

Join the many patients who lead an active

lifestyle and now live pain free.

| For. more information; or to’schedule an

appointment call Doctors Hospital’s

_ Sessional Clinic at (242) 302-4684.







a eee



“ DELTEC BANK & TRUST LIMITED

OPERATIONS ADMINISTRATOR

Responsibilities will include (but are not limited to):

Trade processing, settlements & payments
Cash and Broker reconciliations

The successful candidate should have:

Minimum of Associate degree in Accounting,
Banking or Finance

At least three years back office experience in trade
processing, settlement and broker reconciliations

Completion of the Series 7 course would be a plus.

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

Interested persons may submit resumes as follows:

Human Resources Manager
Deltec Bank & Trust Limited

P. O. Box N.3229
Nassau, Bahamas

Resumes may also be faxed c/o 362-4623 or emailed to

anh@deltecbank.com.

PLEASE NO PHONE CALLS





“THE TRIBUNE



Cable Bahamas
in share buyback

FROM page 1B

company believes its share
price on BISX undervalues the
company.

The firm’s confidence in its

~ own performance and poten- '

tial share price appreciation

should further boost investor —

taith in Cable Bahamas, while
the buyback is also another
way - apart from dividends -

for the company-to return cash~~

and profits to shareholders.
One source said: “It’s. a good

move for them. It signals ‘to

the market that the price

should. be much-higher;that——.-Mzr-Paddick-said-average—~

there is more upside in the
stock.”

Shares

The amount of shares.

_ involved in the share buyback

is relatively small, given that
the company has 20 million
outstanding and issued ordi-
nary shares, yet still significant
when measured against BISX
trading volumes.

Cable Bahamas’ shares
closed at $9 on BISX at the
end of Friday: trading, follow-
ing a fiscal 2005 during which it
generated $11.3 million in net
income, based on $57 million
in revenues anda $26.7 mil-
lion operating profit before
write-offs.

Writing in the company’s
2005 annual report, Brendan
Paddick, Cable Bahamas’
chairman and chief executive,
said that had it not been for
the one-time $2.36 million
write-Off analogue set-top box-

es, the company would have

‘generated $0.69 in earnings per

_ share during 2005, as opposed

to $0.57.
The former figure, Mr Pad-

~dick-added,-would-have repre="~

sented.a 21 per cent increase
over 2004. He said the compa-
ny’s operating margin for fiscal
2005 was 46.8 per cent.

revenue per residential cus-
tomer had risen to $73.68 in
2005, compared to $45.20 in
2000, with overall subscriber

~mumbers up by 37 per cent
~ over that period:

He told Cable Bahamas
“shareholders: “By continuing
to launch new and enhanced
products, we believe we have
the potential to achieve double
digit revenue and operating
cash flow growth for years to
come, without significant rein-
vestment in our core network
infrastructure.

“We plan to employ this
cash flow in two primary ways:
reinvesting in our business to:
drive future growth and return-
ing capital to our sharehold-
ers.’

Independent Auditor’s Heport
to the members of Standard Chartered PLC

We have audited the Group (Standard Chartered PLC arts
subsidiaries) and Company (Standard. Chartered PLC) financial
statements (together referred to as the “financial statements’) for
the year ended 31 December.2005:which comprise the Group
Income Statement, the Group:and Company. Balance Sheets,

the Group and Company Cash Flow Statements, the Group and
Company Statements of Recognised Income and Expense, and
the related notes. These financial statements have been prepared
under the accounting policies set out:therein. We have also
audited the information in the Directors’ Remuneration Report

that is described as having been audited.

This reportjs made solely tothe Comipany's members. asa

* body,in:accordance with section 235 of the Companies Act
1985; Our/audit;work has been'undertaken so that we might ©
state. to the Company’s. members those matters we are required
to state to them in an auditor's report and for no other purpose.
To the fullest extent permitted bylaw, we do not accept or

| assume responsibility to anyone other than the Company and
the Company's members as a body, for our audit work, for this
report, or. for the opinions we have formed.

Respective responsibilities of directors and auditors

The directors’ responsibilities for preparing the Annual Report,
the Directors’ Remuneration Report and the financial statements
in accordance with applicable:law and international Financial
Reporting Standards (IFRSs) as adopted ’by the EU.are set out
in the Statement of Directors’ Responsibilities on page 62.

Our responsibility is to audit the financial statements and the
part of the Directors’ Remuneration Report to be audited in
accordance with relevant legal and regulatory requirements
and International Standards on Auditing (UK and Ireland).

We report to you our opinion as to: whether ‘the financial.
statements give a true.and fair view and whether the financial
statements and the part of the Directors’ Remuneration Report —
to be audited have been properly prepared in. accordance

with the Companies Act 1985 and, as regards the financial
statements, Article 4 of the IAS: Regulation. We also report to
you if, in-our-opinion;-the-Birectors'Report-is-not-consistent.with .—
the financial statements, if the Company has not kept proper
accounting records, if we have not received all the information
and explanations we require for our audit, or if information
specified by law regarding directors’ remuneration and other’

transactions is not disclosed.

We.review. eather ihe Co loae Gaefate: Seanariaad
the Company’s compliance with the nine provisions of the 2003

Basis. of audit opinion

We conducted our audit in accordance with International
Standards on Auditing (UK and Ireland) issued by the Auditing
Practices Board. An audit includes examination. on a test basis,

Mr Paddick said Cable
Bahamas had invested $24 mil-
lion in capital expenditure in
2005, including $4 million in
building its Oceans Digital TV
platform. A further $7 million
was invested in network exten-
sions, a $1.5 million capacity

upgrade and $3 million in’
. “broadening our market pres-

ence in the Bahamian telecom
sector”.

Generated

Cable Bahamas’ Coralwave
Internet business generated

$162 million in revenue during’

2005, a 27 per cent increase
over 2004. Describing it as the
“premier” Internet service in
the Bahamas, Mr Paddick said
subscriber numbers had risen
by 22 per cent in 2005, growing
from 24,474 to 29,902.

Monthly-recurring revenue
from the Internet business rose
to $1.5 million at year-end,
compared to $1.2 million at
year-end 2004, a 25 per cent _
rise representing an extra $3.6 .
million in revenue.

The data services provided
by Cable Bahamas’ two affili-

\

A

4
!

i

,

ates, Caribbean Crossings and °:

Maxil Communications, saw
revenues grow by 25 per cent
in 2005, from $5.7 million to

:

$7.1 million, in “a break out ‘

year”.

We read Tate aaa contained in the Annual Report

. and. consider whether it is consistent with the audited financial
statements. We consider the implications for our report if we
become aware of any apparent misstatements or material
inconsistencies with the financial statements. Our responsibilities
do not extend to any other information.

of evidence relevant to the amounts and disclosures inthe



Opinion
\n our opinion:

2005; and

FRC Combined Code specified for our review by the Listing Rules

of the Financial Services Authority, and we report if it. does not.
We are not required:to consider whether the Board's statements
on internal contro! cover all risks and controls, or form an opinion
on the effectiveness of the Group’s corporate governance
procedures or its risk and control procedures:

At 31 December:2005

KPMG Audit Pic
London

Registered Auditor
2 March 2006

Consolidated Balance Sheet

Chartered Accountants

financial statements and the part.of.the Directors’ Remuneration
Report to be audited. It also includes, an_assessment of the.
significant‘estimates and judgments made by the directors

in the preparation of the financial statements, and of whether
the accounting policies are appropriate to the Group’s
and Company's circumstances, consistently applied and
adequately disclosed.

We planned and performed our audit so as to obtain all the -
information and explanations which we considered necessary

in order to provide us with sufficient evidence to give reasonable
assurance that the financial statements and the part of the
Directors’ Remuneration Report to be audited are free from
material misstatement, whether caused by fraud or other.
irregularity or error. In forming our opinion we also evaluated

the overall adequacy of the presentation of information in the
financial statements and the part of the Directors’ Remuneration "
Report to be audited.

iy

A

the Group financial statements give a true and fair view, in \ ,
accordance with IFRSs as adopted by the EU, of the state of :
the Group's affairs as at 31 December 2005 and of its profit

for the year then ended;

the Company financial statements give a true and fair view,

in accordance with IFRSs as adopted by the EU as applied
..-in-accordance with-the provisions of the Companies Act

1985, of the state of the Company's affairs as at 31 December

* the financial statements and the part of the Directors’
Remuneration Report to be audited have been properly
prepared in accordance with the Companies Act.1985 and, as

__-regards _the-financial-statements;Article-4 of-the/AS Regulation.











i
f
| peti oem ere
Assets
| Cash and balances at central bates a1 8.012 3.960
Financial assets held at fair value through pon or loss 14 10.333 4,744
| Derivative financial instruments x 15 9.370 =
| Loans and advances to banks 16,19 21.701 16.687.
Loans and advances to customers 17,19 111.791 72,019
Investment securities 21 37.863 33,611
Interests in associates 22 128 =
Goodwill and intangible. assets - 24 4,321 2.353
Property, plant and equipment 25 1.644 555
Deferred tax assets. * 26 498 318
Other assets 27 7.163 11,597
Prepayments and accrued.income © 2.272 1.280
Total assets 215.096 147,124
Liabilities
Deposits by banks 28 18.834 15,162
Customer accounts 29 119.931 85,093
Financial liabilities at fair value through profit or loss 30 6.293 2,392
Derivative financial instruments = Bah loa io ene tite =
"Debt securities in issue EOE SE NR a ate 31 25.913 11,005
Current tax liabilities 283 295
Other liabilities 33 8.446 14,789
Accruals and deferred income 2.319 1.321
Provisions for liabilities.and charges 34 55 61 -
Retirement benefit obligations 35 476 169
Subordinated liabilities and other borrowed funds 36 10,349 6,768
Total liabilities 202.763 137,055
Equity
Share capital and share premium 37 5.638 3,802
Reserves and retained earnings 38 _ 6.244 5.303
Total parent company shareholders’ equity 44 882 9,105
Minority interests ; 39 454 964
Total equity 12.333 10.069
Total equity and liabilities 215.096 147,124

As more fully explained in note 55, financial instrument accounting is determined on different bases in 2005 and 2004 due to the

transitional provisions of IAS 32 and 39.

These accounts were approved by the Board of Directors on 2 March 2006 and signed onits behalf by:

B K Sanderson
Chairman

E M Davies
Group Chief Executive

P A Sands

Group Finance Director

Interested persons may obtain a complete copy of the Audited Accounts
from SG Hambros Bank & Trust (Bahamas) Limited; P.O. BoxN-— 7788,
West Bay Street, Nassau, Bahamas.

Ae

4
THE TRIBUNE

MONDAY, MAY 8, 2006, PAGE 5B ~:



Bahamas fund chief examined under oath

FROM page 1B

forensic review of the books,
records and activities of Olym-
pus Univest and its parent, the
Canadian-based Norshield
Group of Companies.

Mr Massi said: “We are
making excellent progress in
this area, and are now focusing
our efforts on analysing the in-
flow and out-flow of funds in
various companies, including
Olympus United Bank & Trust
in Barbados, Olympus Univest
and Mosaic Composite in the
Bahamas, through which we
have determined that most of
the investors’ funds ultimately
flowed...

“Our forensic activities Have
permitted us to identify signif-
icant redemption
payments/transfers to a num-
ber of entities which we believe
are related entities.

“These redemptions
occurred during 2002, 2003 and
2004, and are of particular con-
cern to the receiver. We are
continuing our work to deter-
mine the legality of these trans-
actions, as well as whether the
recovery of the funds can be
achieved from the recipients.”

In addition, Mr Massi said
he was actively assessing
whether to bring legal pro-
ceedings and damages claims
against “officers, directors,
auditors, lawyers, consultants
and advisors, financial institu-
tions and other parties” that
could have failed in their fidu-
ciary duties to investors, or

“participated in inappropriate

transactions”.

Mr Massi was appointed as
joint liquidator of Olympus
Univest on February 6, 2006,
along with Bahamian accoun-
tant, Clifford Culmer of BDO

Mann Judd.

He and Mr Culmer were
also appointed by the Bahamas
Supreme Court as joint liq-
uidators of Mosaic Composite.

A previous report by Mr
Massi, filed with the Canadi-
an courts, had revealed how
John Xanthoudakis and Dale
Smith, Norshield’s leading
executives, had claimed they
were unable to identify the
beneficial owners of BICE
International, a Bahamian
company that was the Olym-
pus Univest’s majority share-
holder and put the fund into
what was initially a voluntary
liquidation.

The duo also claimed they
were unable to identify the
beneficial owners of Mosaic
Composite, and neither Nor-
shield nor Cardinal Interna-
tional had been able to supply
the liquidators with a copy of

the investment agreement
between Olympus Univest and
Mosaic.

Xanthoudakis had also failed
to provide “information and
documents” on Cardinal Inter-
national’s activities as the
Olympus Univest fund’s
administrator.

In another implicit criticism
of Cardinal International’s role
in the affair, Mr Massi again
told investors last week that
the net asset value (NAV) cal-
culations for Olympus Univest
- for which Cardinal was
responsible for as administra-
tor - resulted in redemption
values that were overstated,
while subscription prices were
also overvalued.

Some $307 million of Olym-
pus Univest funds were placed

-into other Bahamian funds

known as the Channel Enti-
ties.



FROM page 1B

Mrs Murphy-Braynen, who set
up Loram with. business partner
and operations director Tyrone
Greene, said the company would
“virtually serve as the head office
of businesses that.can’t afford or
don’t want to have right now”
their own office.

She added that Loram aimed
to provide entreprenurs with “an

- environment that is free, accessi-
ble and makes you think you can
do it.

“That’s what we’re trying to
say: here’s a company that can
help you make the transition from
employee to employer”.

While many Bahamians had
high expectations of what they
wanted to achieve in their per-
















NOTICE

‘NOTICE is hereby given that DAVID EDWARD JENNETTE,
#57 SEA VIEW LN, P.O. BOX F-40287, FREEPORT, GRAND
BAHAMA, BAHAMAS i 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 8TH day of MAY, 2006
to. the Minister responsible for Nationality and Citizenship,
P.O.Box F-41085, Grand Bahama, Bahamas.:

’ PUBLIC NOTICE |
INTENT TO CHANGE NAME BY DEED POLL

The Public is hereby advised that |, KENNEAIL KEVERIO
SMITH, of P.O. Box N-792, the Eastern District of
Nassau, Bahamas, intend to change my name to
KENNEAIL KEVERIO JOHNSON. If there are any

sonal life and caréers, Mrs Mur-
phy-Braynen said many had been
unable to make the switch from
their job to becoming an entre-
preneur.

Bahamian saciety was heavily
consumer-oriented, with many
people having made a high level
of personal commitments in the
short to medium-term. :

Mrs Murphy-Braynen said:
“Bahamians have not launched
into business ownershhip as
expected. They’re going away to
get an education, but then they
get stuck in jobs because of their
commitments.”

Loram, she added, aimed to
reduce the risks involved with
making the employee-employer
transition. Mrs Murphy-Braynen
said: “Few people have a solid



launching pad to test their busi-
ness ideas before they leave their
job, and jeopardise the obliga-
tions and commitments they
already have.”

She explained that Loram
“wants to start” with business set-
up services, aiding entrepreneurs
with obtaining their business
licences, company formation,
establishing corporate bank
accounts and developing the busi-
ness cards and image they want-
ed. Scanning, e-mailing and pho-
tocopying services were also avail-
able. “A lot of people don’t know
where to start, that’s the first

thing,” Mrs Murphy-Braynen said .

of the difficulties. Bahamians
experience when trying to start
their own business. “You need to
know what agencies to interface
with. It’s cumbersome, time con-
suming and fragmented.”
Loram, though, “saved you the
hassle of interfacing with all these
organisation”, Mrs Murphy-Bray-
nen added, saying it sometimes
took weeks to set up in business.
Loram offers three virtual
office packages to its clients - Per-
sonal Work Area; Home Office;
and a third package that ties these








NOTICE

| NOTICE is hereby given that SAUVEUR DECIUS OF

WINDWARD ISLES, GOLDEN GATES, P.O. BOX SS-19955,
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 1ST day of MAY,
2006 to the Minister responsible for Nationality and

three things together.

An accountant -by profession,
Mrs Murphy-Braynen said she
had always wanted to start her
own business in accountancy ser-
vices. However, rather than just
be involved at the end of the
process by auditing financial fig-
ures, Mrs Murphy-Braynen said:
“We wanted to impact the num-
bers by more interaction with the

‘people generating the numbers.”

Loram, she said, could provide
payroll and spreadsheet services
for entrepreneurs, and do
accounting and other back office
work, “taking that burden off
you”.

Mrs Murphy-Braynen said

Loram’s services would save small
businesses time and money,
allowing them to “focus on what
you’re doing well, and leave your
back office services to us, which is
what we do well”.

She added that Loram would
also provide one-on-one consul
tations and family planning ser-
vices for families, enabling
Bahamians.to make their finan-
cial dreams a reality once they
were generating money from
their businesses.



Rival City Markets |
i Commroretem eer leCres

FROM page 1B

Bahamas Supermarkets, The

-Tribune understands, with
_ BK Foods’ initial offer having —
' flushed all rivals out. They

still have the option of
increasing their offer should

higher bids arrive.

BK Foods’ main advantage

is that it is an all-Bahamian .
offer, meaning that their bid
would not require Cabinet or -
National Economic Council
(NEC) approval. The only _
approval necessary would ne —

Exchange Control approval

to allow Winn-Dixie

triate its profits on the le.

Neal & Massy is a foreign-
_owned conglomerate, and its

involvement would go

| against the Government’s

National Investment Policy,
which requires retail to be
100 per Cent Bahamian-
owned.

However, Banamas Super-

markets is already foreign

majority-owned through

Winn-Dixie, so some have (
- pointed out that allowing in | ‘
78 per cent stake at $14.1 per
share, compared to the $11 |
: i

an ownership group with

| some foreign involvement

for a conflict between the US
Bankruptcy Court, if it
approves an offer with some
foreign ownership, and the

Bahamian government and

its investment policy. ‘

The advantage of any |-
group involving Neal & |.
Massy would be the huge |:

financial and logistical |

resources at the disposal plus

‘Under the transition ser-
vices agreement, The Tribune |

- understands that BK Foods |
_ will pay Winn-Dixie a $1 mil- |.
lion flat fee, plus the cost of |.
_ all goods provided with a 5 |

per cent mark-up on fp of | !

A small Offshore Bank is looking

for an experienced temporary

_ JUNIOR CORPORATE
PO icuGy tel:

With knowledge of the International
Business Companies Act and the
formation and administration of

IBC's.

Please send resume
no later than








objections to this change of name by Deed Poll, you Citizenship, P.O.Box N- 7147, Nassau, Bahamas.

may write such objections to the Chief Passport Officer,
P.O.Box N-742, Nassau, Bahamas no later than thirty
(30) days after the date of publication of this notice.

. May 12th 2006 7
: to fax number 322-5807.



Legal Notice ; ON oS
EMPLOYMENT OPPORTUNITY

For Supervisor COMMONWEALTH OF THE BAHAMAS 2005
IN THE SUPREME COURT CLE/Gen/No. 206

COMMON LAW AND EQUITY DIVISION (CLE)

NOTICE

NOTICE
MATIC LIMITED

Candidates should possess the following:

- Should be at least 27 years of age or older
- Good Customer Service skills are essential
- Pleasant Attitude

- Experience in restaurant business is helpful
- Own Transportation a plus

- Ability to operate on own initiative

- Team Bioyet

NOTICE IS HEREBY GIVEN as follows:

THE PETITION OF HOSEA COX IN
RESPECT OF:-

(a) MATIC LIMITED is in voluntary dissolution under the
provisions of Section 137 (4) of the International Business Companics
Act 2000.

(b) The dissolution of the said company commenced on-May 6th,
2006 when the Articles of Dissolution were submitted to and
registered by the Registrar General.

ALL THOSE piece parcels or lot of land being Lot Number 283
measuring approximately 4.27 acres and Lot No. 284 measuring
approximately 4.98 acres and situate between Cow Pen Road
and Oxford Street situate in the Western District of the Island of
New Providence and being bounded NORTHWARDLY by a
Forty (40) feet wide Road Reservation and running thereon Five
Hundred and Thirty and Seventy-five Hundredths (5301075) feet
thereon Eight Hundred and Twenty-four and Fifty nine Hundredths
(824.59) feet SOUTHWARDLY by a Forty (40) feet wide Road
Reservation and running thereon Five Hundred and Twenty-five
Hundredths (528.25) feet EASTWARDLY by Lot Number 282
and running thereon Seven Hundred and Six and Seventy-six
Hundredths (706.76) feet which said piece parcel or lot of land
is shown on the plan attached hereto and is thereon colored RED.

/

You may fill out an application form at TGBW. Village
-Road or Carmichael Road or mail resumes to:

TOBY.

P.O. Box EE-15066
Nassau, Bahamas

(c) ‘The Liquidator of the said company is Credit Suisse Trust Geneva
of 17 bis, rue de Lausanne, P.O. Box 55, CH-1211 Geneva 70.

Dated this 5th day of May, A.D. 2006.

Credit Suisse Trust Geneva
Liquidator



HOSEA COX claims to be the owner in fee simple.in possession
of the said land and has made application to the Supreme Court
of the Commonwealth of The Bahamas under Section 3 of The
Quieting Titles Act, 1959 to have his title to the said land
investigated and the nature and extent thereof determined declared
in a certificate of Title to be granted by the Court in accordance
with the provisions of the said Act. A plan of the said land may
be inspected during normal working hours at the following places.

‘Make over $1000 per weekil!

| Opportunities now available to
: work closely with our lovely

| tourists helping to leave a
|
|
|



JEWELRY STORE MANAGERS

Discover a rewarding and

|

|

: beautiful and lasting impression
challenging career catering to the !

|

|

|

of their visit to the Bahamas.

a) The Registry of the Supreme Court, 2nd Floor BitCo
Building, New Providence, The Bahamas.

country’s visitors in the exciting
retail jewelry business!!!

Do You Have What it Takes?

ARE YOU... |
confident? ¢ a leader? « self motivated?
¢ professional? ¢ mature (25 yrs or older)? * dedicated?
If your answer is YES then take the next step

FAX LETTER TO 326-1747

SALARY OPPORTUNITY COMMENSURATE WITH EXPERIENCE & QUALIFICATION

aa ‘

(b) The Chambers of V. Alfred Gray. & Company, Suite
#5 The Malcolm Building, Bay Street & Victoria Avenue,
Nassau, The Bahamas.

NOTICE IS HEREBY GIVEN that any person or persons
having dower or right of dower or an Adverse Claim or Claim
not recognized in the Petition shall on or before 26th day of July,
2006 file in the Supreme Court of the City of Nassau aforesaid
and serve on the Petitioner or the undersigned a Statement of his
Claim aforesaid non compliance with this Notice will operate as
a bar to such claim.

JEWELRY SALES ASSOCIATES



must be...
Matte (25 yrs or older) * Outgoing * Honest

|

V. ALFRED GRAY & CO.
l Reliable ¢ Willing to Learn * Dedicated

|

|

Chamber
Nassau, The Bahamas



FAX LETTER TO 326-1747

Attorneys for the Petitioner
or mail to Human Resources, P.O. Box SS-6327, Nassau, Bahamas


PAGE 6B, MONDAY, MAY 8, 2006

ZF



VACANCY FOR
EDUCATION OFFICERS
(CURRICULUM GENERALISTS AND LOWER PRIMARY AND PRIMARY MUSIC)
MINISTRY OF EDUCATION, SCIENCE AND TECHNOLOGY
(DEPARTMENT OF EDUCATION)

OTS a ONT AT oT

Paar a

’ Applications are invited from suitably qualified serving Bahamians to fill the positions of
i ' Education Officers, for Lower Primary and Primary Music and Curriculum Generalists — (Abaco
; and Grand Bahama) in the Department of Education, Ministry of Education, Science and
: Technology.

» Requirements for the post

A Bachelor's Degree and professional teaching qualifications from approved

a ®
Fl institutions.
¢ ° A minimum of seven (7) years teaching experience, two of which must be
‘ at the level of Administrator, Head of Department, Grade Level Head /
4 Team Leader or in a position of responsibility such as Unit Head, Project
i or Resource Room Coordinator.
® Curriculum / Examinations Development experience at the District National

Level or experience in anu professional development workshops in the
subject area.

Successful candidates will:



a
> initiate and coordinate activities related to the planning, developing,
i evaluating and implementing of instructional programmes for
primary schools;
>» possess evidence of leadership ability;

‘ > possess excellent organizational, inter-personal and communication skills;

be knowledgeable and capable of utilizing current trends and techniques
which promote professional and academic development of teachers;

Ww

vw

be a team player;

OE ANTE RT AT

possess integrity and initiative.

Vv

" Specific duties of the posts include:

é e supporting and promoting staff development facusing on individual
f needs, the Ministry's goal and society demands;

e ensuring that the instructional programmes in primary schools reflect
i the vision, goals and priorities of the Ministry of Educstion, Science

t
‘ and Technology;
r
e :
: ° coordinate the design, development and implementation of subject
é specific and integrated orca offerings within ae across schools
: and districts; -
° collecting and analyzing data relevant to student and teacher performance,

curriculum effectiveness and availability, school climate and community/

1 * toe
é

fw a eae

e Collaborating with Schools’ Administrators, District Superintendents
and Curriculum / Examination Officers to identify indicators of and
euplenicat en innovations)





aeet t + POEMPLER Aw Set Ot ANS oe Yee garceaslesonvas
© . recognize‘ind pick livia expertise'and inistfnttiofiat:stretigth: H sslonie
among staff;
° mentoring beginning teachers and modeling accepted teaching

strategies research practices and up-to-date educational trend;

e coordinating the developing, procurement and distribution of learning
and teaching resources necessary for delivery of an effective instructional
programme; 5

/@ networking with successful schools/education systems in the Caribbean,

U.S.A., Canada etc to keep abreast of curriculum trends.

ENT IG Re eon meng OS

The salary of the post is in Scale EDU $33,700 x 700 - $38,600 per annum
i Serving officers should apply through their Heads of Departments,

Applicants are advised that it is their responsibility to attach relevant proof of academic
qualifications, experience and positions held, to their application, Failure to provide same may
result in their disqualification from the exercise.

Interested persons may obtain application forms from the Ministry of the Public Service,
Poinciana Hill Complex, Meeting Street or the Ministry of Education, Science and Technology,
Thompson Boulevard. They must be retumed, complete with original qualifications .and
documentary proof of relevant experience, to the Secretary, Public Service Commission,
Poinciana Hill Complex, Meeting and Augusta Streets, not later than 19 May, 2006.

‘ Secretary

Public Service Commission

A RO EE Oe

VACANCY FOR PRINCIPAL |
CENTRAL SECONDARY

MINISTRY OF EDUCATION, SCIENCE AND TECHNOLOGY
(@EPARTMENT OF EDUCATION)

Applications are invited from suitably qualified serving Bahamians to fill the position of
Principal, Central Secondary, Department of Education, Ministry of Education, Science, and
Technology, for the beginning of the 2006/2007 academic year.

Requirements for the Bost

° A Bachelor’s Degree and professional teaching qualifications from
an approved institution,

° A minimum of ten (10) years successful teaching experience, three
-of which must be at the level of Senior Assistant or higher at the High
School level.

DR ee

‘Successful candidates will:
° be required to assume professional and administrative leadership
of the school, with particular ephans on promome and supervising
activities;
» be committed to the philosophy of education;
° -possess evidence of leadership ability;

e possess excellent organizational and interpersonal skills;

® be knowledgeable and capable of utilizing current trends and
techniques which contribute to student development;

° be a team player.

Specific duties of the post include:

CR RRS SS TS ee 8 ee

a * ‘organizing and supervising schedules;
! * managing students’ behaviour;
® supervising curriculum development;
° providing clinical supervision of teachers;
* evaluating the performance of support staff
e promoting academic and professional development of staff;

PUBLIC SERVICE COMMISSION |

j vob pasighscl Me aL Pa dad ohh Pe eeaengat ES
The salary of the post is in Scale $3 - $36,800 x 700 - $42,400 per annum.



THE TRIBUNE BUSINESS |
GN-s63 gly

e. promoting academic and professional development of staff; |

-@ budgetary planning and resource allocation;
° scheduling internal and ivtesbal examinations;
e co-coordinating special programs; °
° promoting a productive relationship among teachers, parents

and the wider community.

Serving officers should apply through their Heads of. Departments.

Applicants are advised that. it is their responsibility to attach relevant proof of academic
qualifications, experience and positions held, to their application. Failure to provide same may
result in their disqualification from the exercise.

Interested persons may obtain application forms from the Ministry of the Public Service,
Poinciana Hill Complex, Meeting Street or the Ministry of Education, Science and Technology,
Thompson Boulevard. ‘They must be returned, complete with original qualifications and

documentary proof of relevant experience, to the Secretary, Public Service Commission,
Poinciana Hill Complex, Meeting and Augusta Streets, not later than 19 May, 2006.

Secretary *
Public Service Commission

VACANCY FOR SUBJECT SECRETARY
TESTING AND EVALUATION UNIT
MINISTRY OF EDUCATION, SCIENCE AND TECHNOLOGY

Applications are invited from suitably qualified serving Bahamian applicants to fill the position
of Subject Secretary, (Grade Level Assessment Tests) (GLAT) in the Testing and Evaluation
Section of the Ministry of Education, Science and Technology.

Requirements for the post are: _

e A Bachelors Degree in Elementary Education;

* ATeachers’ Certificate;

e Training in pre and post test development vrccedures

is A minimum of five ©) years teaching experience i in the ° Pama school.
Successful candidate will:

° Advise the Assistant Director of Testing on all matters related to the ’
development of the Grade Level Assessment tee

©. Give oversight to the development of Grade Level Astessinent Tests
in language arts, mathematics, science and social studies;

¢ Provide guidance in the maintenance of standards and monitor established
practices and procedures in eypninations, :

e — Assist in the continued development of regulations to govern the gonduct
of Grade Level: Assessment Tests examination personnel.



Specific duties of, the post. include:-_



e Liaising with Senior Eduéation Officer ‘feat Developnient with respect
" to question paper Preparation of Grade Level Assessment Tests," :

eo Liaising with Education Officer GLAT with respect to administration :
of the examinations;

e Liaising with Curriculum Officers to ensure proper alipuent of the
examinations with the national curricula;

¢ Co-ordinating and conducting workshops for primary school teachers
in Test Development Procedures.

“The salary for the post is in Scale EDI1 - $33,700 x 700 - $38,600 per annum.

Serving officers should apply through their Heads of. Departments

Applicants are advised that it is their responsibility to attach relevant proof of academic
qualifications, experience and positions held, to their application. Failure to provide same may
result in their disqualification from the exercise. :

Interested. persons. may obtain appligation forms: fone the Ministry of the Public Senvice,
Poinciana Hill Complex, Meeting Street or the Ministry of Education, Science and Technology,
Thompson Boulevard. They must be. retumed, complete with -original qualifications and.
documentary. proof of relevant experience, to the Secretary, Public Service Commission;
Poinciana Hill Complex, Meeting and Augusta Streets, not later than 19 May, 2006.

Secretary
Public Service Commission

* VACANCY FOR VICE PRINCIPAL.

5 CENTRAL SECONDARY . :

MINIS TRY OF EDUCATION, SCIENCE AND TECHNOLOGY : : j
(DEPARTMENT OF EDUCATION) "

Applications are invited from suitably qualified serving Bahamians to fill the position of Vice

Principal, Central Secondary, Department of Education, Ministry of Education, Science and
Technology, for the beginning of the 2006/2007 academic year.

irements for the post:

e A Bachelor’s Degree and professional teaching qualifications from an : é
approved institutions; : ‘ : a

e A minimum of seven years teaching experience, two of which must be at
the level of Administrator, Level I: Head of Department, Grade Level Head.

Successful candidates will:

e assist the. Principal i in all aspects of instructional and administrative
leadership;

©. be committed to the philosophy of education;
® possess evidence of leadership ability;
© possess excellent organizational and interpersonal skills;

e be knowledgeable and capable of utilizing current trends and techniques
which contribute to student aevelennenty

e bea team player.
Specific duties of the post include:
e organizing and supervising schedules;

e designing, developing and supervising the implementation of programmes
to improve students’ performance/outcome;

© supervising curriculum development;
e providing clinical supervision of teachers;

‘8 evaluating the performance of support staff;

ae SESE -
: REE SS SSE TI TS BTS I ETE EET

© promoting academic and professional development of staff,

° budgetary planning and resource allocation;
e scheduling internal and external examinations;
° promoting and co-coordinating special programs.
_ The salary of the post is in Scale $6 - $33,700 x 700 - $38,600 per annum.
THE TRIBUNE BUSINESS

k
Serving officers should apply through their Heads of Departments.
b .

Applicants are advised that it is their responsibility to attach relevant proof of academic
qualifications, experience and positions held, to their application. Failure to provide same may
result in their disqualification from the exercise.

thterested persons may obtain application forms from the Ministry of the Public Service,
Roinciana Hill Complex, Meeting Street or the Ministry of Education, Science and Technology,
Thompson Boulevard. They must be returned, complete with original qualifications and
documentary proof of relevant experience, to the Secretary, Public Service Commission,
Poinciana Hill Complex, Meeting and Augusta Streets, not later than 19 May, 2006.

{

5 S

Public Service Commission

/

VACANCY FOR PRINCIPAL GRADE ‘C’ PRIMARY SCHOOL
MINISTRY OF EDUCATION, SCIENCE AND TECHNOLOGY
(DEPARTMENT OF EDUCATION)

Applications are invited from suitably qualified serving Bahamians to fill the position of
Principal, Grade ‘C’ Primary School, in the Department of Education, Ministry of Education,
Science and Technology for the beginning of the 2006/2007 academic year.

uirements for the post

° A Bachelor’s Degree and professional teaching qualifications
from approved institutions. |

e A minimum of seven years teaching experience, three of which must
be at the level of Vice Principal Grade ‘C’ Primary, Principal of Grade ‘D’
Primary School or Senior Master/Mistress Grade ‘B’ Primary School.

The Successful candidates will:
e be responsible for implementing and managing the policies, regulations

and procedures of the Ministry of Education, Science and Technology
to ensure a safe child-centered learning environment,

e work collaboratively to maintain effective school/community relationships;
° have excellent leadership, organizational and communication skills and the
ability to motivate staff;
° have extensive experience in scheduling, program development and
evaluation procedures; ee
e@ possess integrity and initiative.

Specific duties of the post include: .

° leading the development, implementation and evaluation of all
school programs and activities; i

e providing and supervising an effective discipline system}.

o communicating with the Superintendent regularly about the needs,
successes and general operation of the school; _ eo a

© _ establishing and promoting high standards and expectations for all
staff and students for academic performance and responsible behaviour;

« supervising instructional programs of the school ensuring that they
address students’ needs, interests and skill levels;



e Overseeing financial and personnel management procurement and
distribution of resource materials and the maintenance of healthy and
safe facilities. : eas

The salary of the post is in scale S6 - $34,000 x 700 - $39,600 per annum.
Serving officers should apply through their Heads of. ‘Departments.
Applicants are advised that it is their responsibility to attach’ relevant ‘proof of ‘academié’ *

qualifications, experience and positions held, to their application. -Failure to provide same may
result in their disqualification from the exercise. _ : Se eee Hos

Interested persons may obtain application forms from the Ministry of the Public Service,
Poinciana Hill Complex, Meeting Street or the Ministry of Education, Science and Technology, -
Thompson Boulevard. They must be retumed, complete with original. qualifications and
documentary proof of relevant experience, to the Secretary, Public Service: Commission,
Poinciana Hil! Complex, Meeting and Augusta Streets, not later than 19 May, 2006.

Se re en et a

if Secretary
' Public Service Commission —

V

VACANCY FOR VICE PRINCIPAL |
: GRADE ‘C’ PRIMARY SCHOOL. -.
MINISTRY OF EDUCATION, SCIENCE AND TECHNOLOGY
Cee (DEPARTMENT OF EDUCATION) :

Applications are invited from suitably qualified Bahamians to. fill the position of Vice Principal
Grade ‘c Primary School, Bartlett Hill Primary School (Grand ‘Bahama District) Department of
Education, Ministry of Education, Science and Technology for the beginning of the 2006/2007
academic year. : S .

Requirements for the p ost:

¢- A Bachelor’s Degree and professional teaching qualifications from
an approved institution; ey

fan DA i oc RE

* A minimum of at least ten years successful teaching experience,

* Aminimum of three years administrative experience as Senior
Master/Mistress, Team Leader or Year Head.

¢ Aminimum of three years experience as a Principal of a Grade ‘D’
Primary School. :

The successful candidates will:
* assist the Principal in all aspects of instructional and administrative leadership;
° be committed to the philosophy of education;
“© possess evidence of leadership ability;
'e possess ehcchient organizational and interpersonal skills;

© be knowledgeable and capable of utilizing current trends and techniques
- which contribute to student development;

SS ER a a a ca FT ak Sa ll la a Ae ik Mae a ne EE Se

® bea team player.

e be expected to work on the Family Islands.

VESTAS RIMSII

Specific duties of the post include:

e organizing and supervising schedules;

Pea
e

supervising the implementation of programmes to improve

PUES TERENAS SER

students’ performance/outcome;
é ‘e “managing students’ behiaviowe
° supervising curriculum development;
° providing clinical supervision of teachers;
: o evaluating the performance of support staff;
i" 3 initiating, promoting and participating in school ‘ad community

activities. :
The salary of the post is in Scale S9 - $29,600 x 700 - $34,500 per annum.

Serving officers should apply through their Heads of Departments.

a re recs

Applicants are advised that it is their responsibility to .attc.ch relevant proof of academic

re

result in their disqualification from the exercise.

8m x
- Pee } the

qualifications, experience and positions held, to their application. Failure to provide same may

SSIS,

a . 2



MONDAY, MAY 8, 2006, PAGE 7B

Interested persons may obtain application forms from the Ministry of the Public Service,
Poinciana Hill Complex, Meeting Street or the Ministry of Education, Science and Technology,
Thompson Boulevard. They must be returned, complete with original qualifications and
documentary proof of relevant experience, to the Secretary, Public Service Commission,
Poinciana Hill Complex, Meeting and Augusta Streets, not later than 19 May, 2006.

Secretary :
Public Service Commission



VACANCY FOR PRINCIPAL GRADE ‘C’ PRIMARY SCHOOL
MINISTRY OF EDUCATION, SCIENCE AND TECHNOLOGY
(DEPARTMENT OF EDUCATION)

Applications are invited from suitably qualified serving Bahamians to fill the position of
Principal, Grade ‘C’ Primary School, in the Department of Education, Ministry of Education,
Science and Technology for the beginning of the 2006/2007 academic year,

Requirements for the post

e A Bachelor’s Degree and professional teaching qualifications
from approved institutions.

e A minimum of seven years teaching experience, three of which must
be at the level of Vice Principal Grade ‘C’ Primary, Principal of Grade ‘D’ .
Primary School or Senior Master/Mistress Grade ‘B’ Primary School.

The Successful candidates will: 7

° be responsible for implementing and managing the policies, regulations
‘and procedures of the Ministry of Education, Science and Technology
to ensure a safe child-centered learning environment; _ ;

e work collaboratively to maintain effective school/community relationships;

° have excellent leadership, organizational and communication skills and the
ability to motivate staff;

© have extensive experience in scheduling, program development and
evaluation procedures; ‘

e possess integrity and initiative.

Specific duties of the post include: |

° leading the development, implementation and evaluation of all
school programs and activities; ees

o.. providing and supervising an effective discipline system}
5 , - Oey pene
° communicating with the Superintendent regularly about the needs,
successes and general operation of the school; .

e ‘establishing and promoting high standards and expectations for all
staff and students for academic performance and responsible behaviour;

cole supervising instructional programs of the school ensuring that they A
' address students’ needs, interests and skill levels, woe

_.@ Overseeing financial and personnel management procurement and
distribution of resource materials and the maintenance of healthy and
- safe facilities. Le

The salary of the post is in scale S6 - $34,000 x 700 - $39,600 per annum,

Serving officers should apply through their Heads of Departments.

‘Applicants are advised that’ it is their responsibility to attach relevant proof of academic .
qualifications, experience and positions held, to their application. Failure to, provide same may
result in their disqualification from the exercise,

Interested persons may obtain application forms from the Ministry of the Public. Service,
. Poinciana Hill Complex, Meeting Street or the Ministry of Education, Science and Technology,

Thompson Boulevard.- They must be returned, complete, with original qualifications and

documentary proof of relevant experience, to the Secretary, Public Service Commission,
_ Poinciana Hill Complex,.Meeting and Augusta Streets, not later than 19. May, 2006. .......,

Secretary :

Public Service Commission



VACANCY FOR VICE PRINCIPAL GRADE ‘B’
. PRIMARY SCHOOL.
‘MINISTRY OF EDUCATION, SCIENCE AND TECHNOLOGY
(DEPARTMENT OF EDUCATION)

" Applications are invited from suitably qualified serving Bahamians to fill the position of Vice
Principal, Grade ‘B’ Primary School, in the Department of Education, Ministry of Education,
Science and Technology for the beginning of the 2006/2007 academic year. was

_ Requirements for the post:

. ©. A Bachelor’s Degree and professional teaching qualifications from approved
“. institutions; “ Feu ee ;

*. A minimum of two years administrative experience as a Senior Master/Mistress

in a Grade ‘C’ Primary School; or
-: @ Aminimum of two years administrative experience as a Principal, Grade “D? School
Successful candidate will:
e assist the Principal in all aspects: of instructional and administrative leadership;
@ possess evidence of leadership ability;
te possess excellent organizational and interpersonal skills;

@ be knowledgeable and capable of utilizing current trends and techniques which
contribute to student development;

e, beateam player.
Specific duties of the post include:
© organizing and supervising schedules, assignments, records, and procedures;

e designing, developing and supervising the implementation of programmes to
improve students’ performance/outcome; =

© supervising curriculum development;

° manapice student behaviour;

e providing assistance and guidance to Levels I and Il Administrators;
© providing clinical supervision of teachers; :

e evaluating the performance of topan staff,

budgetary planning and resource allocation;

© coordinating special activities;

¢ scheduling internal and extemal, examinations.

The salary of the post is in scale S6 -$34,000 x 700 - $39,600 per annum.

Serving officers should apply through their Heads of Departments.

Applicants are advised that it is their responsibility to attach relevant proof of academic

qualifications, experience and positions held, to their application. Failure to i
-Tesult in their disqualification from the exercise. a : avid

Interested persons may obtain application forms from the Minis of the Publi i
Poinciana Hill Complex, Meeting Street or the Ministry of Education. Science eae Sy
Thompson Boulevard. They must be retumed, complete with original qualifications and
documentary proof of relevant experience, to the Secretary, Public Service Commission,
Poinciana Hill Complex, Meeting and Augusta Streets, not later than 19 May, 2006.

: Secretary
Public Service Commission

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PAGE 8B, MONDAY, MAY 8, 2006










































Successful candidates wih

VACANCY FOR VICE PRINCIPAL G
PRIMARY SCHOOL. : rated : Pie Sy alae ha3 4
MINISTRY OF EDUCATION, SCIENCE AND ' 4 e assist the Principal in all aspects of instructional and administrative leadership;
« be committed to the philosophy of education;
Applications a are invited from suitably qualified serving Bahamiatis to ; * possess evidence of leadership ability;
Principal, Grade ‘B Primary School, in the Department of Education, Mio Béveation,

© possess excellent organizational and interpersonal skills;



® be knowledgeable and capable ‘of utilizing current trends and techniques which
contribute to student development;

e beateam player;

e@

Specific duties of the post include:

¢ organizing and supervising schedules,



>
in a Grade ‘C Preneny, School; or ‘ # supervising the implementation of programmes to improve

students’ performance/outcome;
e A minimum of two at administrative experience'as* ,

: See : ® supervising curriculum development;
i oy

Successful candidate will: ® providing clinical supervision of teachers;

=) assist ne Principal in all aspects of instructional and * evaluating the performance of support staff,
oa ie '® promoting academic and professional developme Lofstaffe : . ey
© possess evidence of leadership ability; j apa eet BOSE evelopment of staff; iP
“i 8 e budgetary planning and resource allocation;
e possess ‘excellent organizational and nierperscuel skill See sti ee ae eetrate ’
*. scheduling internal and extemal examinations; « at

8 be knowledgeable and capable of utilizing current tren ® promoting and coordinating special programmes,





es contribute. to student. i development, a
oe . oy a team. player. The salary of the post is in. scale $4 $36, 100 X 700 - $41,700 per annum.
sueciie a autes t the post inctnde: : Serving oBficers should apply through their Heads of Denatinerite eet “yy
Applicants are advised that it is. their responsibility fo attach relevant proof ee academic a)
- qualifications, experience and positions held, to their application. panne to provide same may o
P tesut in their disqualification, from the ¢ exercise, :
‘ \ #1,
Le improve students’ peomanelotcome \.
-.. Interested: persons: may obtain application forms fon the. Ministry of the Public Service, fi

oe supetvisiig eurrieulum development; -! Poinciana Hill Complex, Meeting Street or the Ministry of Education, Science and Technology, bse
‘ “Thompson Boulevard: They must be returned, ‘complete with original gualifications and :
Ss documentary proof of srelevant experience, to, the Secretary, Public Service Commission, — - tt

~~ Poinciana Hill comes Meeting and ae Streets, not later than 19 May, 2006. ; x zee



eo managing student behaviour,





providing assistance and nd guidance to Levels I Tand I 0
ee . " providiag clinical supervision of teachers; Sectetary Bee autor ‘



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oS scheduling internal and extemal examinations.

Agpliciaie's are a advined chat i it is their responsibility | to att
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result in, their disqualification from the exercise.

Interested ° persons may. ‘obtain application forms from the ‘
Poinciana Hill Complex; Meeting Street or the Ministry of Ed

Thompson Boulevard. They Must be returned, complete " ont aa
documentary. proof: ‘of relevant. experience, to the Secr: cl You can n ow. fj in four
Poinciana Hill Cane, Vesting and Augusta Streets, not later than 19 May: 200 be
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THE TRIBUNE BUSINESS MONDAY, MAY 8, 2006, PAGE 9B

scary |





MONDAYEVENING - = MAY 8, 2006

7
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?m lovin’ it






PAGE 10B, MONDAY, MAY 8, 2006

SPORTS

TRIBUNE SPORTS









@ DONALD THOMAS, pictured here in this file photo, was just shy of meeting the qualification standards in the men’s long jump.

(AP FILE Photo)

'

Bahamian collegiate
athletes in action ahead |
of championships

STRACK AND FIELD |
By KELSIE JOHNSON
Junior Sports Reporter

THE countdown to the
nationals for Bahamian col-
legiate track and field ath-
letes has started and this
weekend many of them got
in one last meet before the
championships start.

Having already qualified
in the high jump for the
National Athletic Intercol-
legiate Association (NIA)
nationals, Donald Thomas

‘The Eagles soar
to victory over
Proper Care Pool

@ SOFTBALL
By KELSIE JOHNSON
Junior Sports Reporter

A WEEK after a disap-
pointing opening to the sea-
son, the New Providence

Softball Association (NPSA) .

got back on track with two
games on Saturday night.

In the women’s game, the
Whirlpool Eagles took care
of the Proper Care Pool
team with an 8-2 victory
while the Stingrays handed
the New Breed a loss with a
10-1 win.

Eagles, who have started
their softball season off with
a.bang, exploded in the sev-
enth inning; scoring four
runs.

Although the team got off
to a slow start in the first
dinning, scoring only one run
from two hits, they pulled up
their socks in the third and
ended the inning with three
runs off of two hits.

Eagles’ Alex Moss
appeared at the plate four
umes, scoring on two.

The winning pitcher was
Thela Johnson — Alex Taylor
was tagged with the lost.

Pitcher Rudolph Williams
led the Stingrays to a 10-1
victory over the New Breeds,
handing Devon Curry with
the defeat.

Stingrays’ hot batters were
Hermis Sands, Romalo Ellis
and Byron Ferguson.

Sands scored threes runs
and batted in three runs,
while Ferguson batted in
four runs and scored one.

was just shy of meeting the
qualification standards in the
men’s long jump.

Thomas soared to 6.50m
for third place in the long
jump on Saturday, compet-
ing at the Lindenwood Uni-
versity mini meet.

At the Patriot Open Invi-
tational Grand Bahama’s
Bianca Strachan came in
fourth in the 800m in 2:17.50
seconds, teammate Lorain
McKenzie won the event in
2:11.43 seconds.

Alfreepha Stubbs finished

up in the sixth spot in the
women’s 400m in 57.76 sec-
onds.

At the Seminole Twilight

meet Craig Charlow finished
up third in the men’s triple
jump with a leap of 13.03m,
winning was Brandon
Rhoulac of Albany State
with a best leap of 15.89m,
Christopher White was sec-
ond 13.11m.

Also competing at the

- meet was Kofhe Miller in

the men’s 400m in 50.88 sec-
onds. The winning time was

posted by Willie Gaines of
Florida State in 47.68 sec-
onds: Kelson Miller was dis-
qualified.

Chamall Bethel clocked
11.29 seconds for a 21st
ranking in the 100m, Greg

Bolden won the event in’

10.32 seconds.

National record holder-in
the 200m Dominic
Demeritte edged out Jamal
Rolle for the win in 200m.

Demeritte clocked 20.79
seconds for first place, leav-

ing Rolle to settle for sec-

ond in 20.89 seconds. Miller
would finish up in the 17th
spot in a time of 22.55 sec-
onds.

Itsa Smith would clock
5:27.86 seconds for a six
place finishing in the
1500m.

Competing unattached at

the Houston Invitational,
Jason Edwards soared to a
second place finishing in the
men’s long jump with a leap
of 7.49m, the win was award-
ed to Reggie Lazenby, who
had a best jump of 7.73m.

Record score
for West Indies

CRICKET .

WEST INDIES batsman Shivnar-
ine Chanderpaul is bowled by Zim-
babwe's bowler Edward Rainsford
for 93 runs during the fourth one-
day international at Bourda cricket
ground in Georgetown, Guyana,
Sunday, May 7, 2006. The West
Indies amassed a record 333 for six in
their innings, the highest one-day
score in the Caribbean, surpassing
the 315 for four made by the West
Indies against Pakistan at Port-of-
Spain in 1988.

(AP Photo/Andres Leighton)











Eriksson
expected to
name Rooney
in provisional
squad for
World Cup

m@ SOCCER : 4
LONDON
Associated Press

ENGLAND coach .
Sven-Goran Eriksson is
expected to name Wayne
Rooney in his Pr OveonaiNs
World Cup squad Mon:.:
day, even though the —--
striker broke a bone in_his ¢
right foot last weekend. -.

The Manchester Unitéd_:
striker has his foot in ° -
plaster and won't be able.
to kick a ball for at ioe

‘six weeks. «

The World Cup kicks! %
off on June 9, and Rooney
will miss England's group «'
games against Paraguay,.!
Trinidad and Tobago Bay,
Sweden. 7

But Eriksson hopes ihe’.
United striker will recov- *
er in time to play in the . ;
quarterfinals at the end of:
June if England gets = 28:
there. 14

That means Rooney's © :i:
name should be in the- «':
squad of 23, plus three or
four standby players, =‘.
when the Swede, who will’
hand over to Steve 3i 4%
McClaren after the World'
Cup, makes his announce-
ment. Gah a

Eriksson's decision to.
gamble on Rooney's fits: =:
ness has upset United>-: - =».
manager Alex F erguson; | E

. although he said he

understood why the -s‘yv
Swede would put him’in\:
the provisional squad: ;*;:

"T think it's fair ol ~
enough." Ferguson said: .*
"I would do the same if' I:
were Sven because if he +
were to get fit — and it's a’.
big if — you would havé-to °
have him there. ree

"He has been having: -
treatment twice a day. He
is showing a‘great deter-' ~
mination to try to get.’
ready for the World Cup.
We know it is a forlorn
hope but we will give it, a
try."

But the United manager
said he would be unhappy
if Eriksson tried to field
Rooney if the player is
not totally fit.

"Tam not going alone
with this half-baked idea
that he is going to Ger-.
many 80 per cent fit and
then find him being pres-

‘sured into playing before

he is ready," nerEDEOS
said.

"T said before there \ was
too much being put on:
Wayne's shoulders. Now
the emphasis has to
change. Step forward «
Steven Gerrard, step for-
ward Frank Lampard, . tin
step forward Joe Cole,':
step forward David Beck.
ham. These guys are all’ :
more experienced and’
older than Wayne
Rooney."

England has its most
talented squad for more |;
than 30 years as it aims to :
win the title 40 years after
its only triumph in 1966. |
But Rooney's injury no.” |
longer makes it one of the
favorites to take the title,
and Eriksson has several: -
more players who are
sidelined.

With Rooney's strike.
partner Michael Owen, -
also stumbling from i ingury’
to injury, Eriksson has:*3 >i
several problemsin .°:;
attack. Liverpool's Peter. |
Crouch is certain to go‘to.'
the World Cup and other |
candidates are Totten-'> | |
ham's Jermain Defoe and: '
Charlton's Darren Bent...

Two wide players, Tot:
tenham's Aaron Lennga; >
and Middlesbrough's Stir
art Downing, could also: iz ra
get a place in the squad; -
and Eriksson likely will
name Arsenal defenders
Sol Campbell and Ashley
Cole, who have barely
played in 2006.

Campbell has had little
action for the Gunners
partly because of injury
and loss of form and con-
fidence, but he is highly
rated by Eriksson. Cole
has recently returned to , «
match action after a stress
fracture of his footin - :'
October which was fol-
lowed by other injuries.

Tottenham's Ledley
King also is sidelined with
a broken foot, but Eriks-
son expects him to fit in. ;
time for the World Cup.
TRIBUNE SPORTS



mw SOCCER
LONDON
Associated Press

THIERRY HENRY scored
a hat. trick in Arsenal's final
game at Highbury, powering
his‘team to a 4-2 victory over
Wigan on Sunday for fourth
place in the English Premier
League.

Arsenal moved ahead Tot-
tenham, ending the hopes of
its north London:neighbor for
a Ghampions League berth
nextseason. Tottenham lost 2-
1 at West Ham on the final day
of the season.

In: the final game at High-
bury after 93 years at the
famous stadium, Wigan went
ahead 2-1 on goals by Paul
Scharner and David Thomp-
son.(Henry then scored three
in a row. After his penalty kick
with,14 minutes left, he got
down on his hands and knees
and kissed the turf.

"Yes, I kissed goodbye to
the stadium," said Henry, who
has 114 goals in 125 appear-
ances at. Highbury. "People
were writing us off. We are
fourth and we're going to play
in the Champions League, so
thatiis clear." si.

‘Tottenham will instead play
in the UEFA Cup next year,
along with Blackburn, which
is led by former U.S. goal-
keeper Brad Friedel. Black-
bura, which beat Manchester
City 2-0, finished in sixth place.

West Ham, which plays Liv-
erpool in the FA Cup final Sat-
urday, also will play in the
UEFA Cup next season
because Liverpool will play in
the Champions League.
"Manchester United finished
second in the league behind
Chelsea after outplaying
Charlton 4-0 despite the
absence of Ruud van Nistel-
rooy, who left the stadium

before kickoff: United manag- .
er Alex Ferguson said he felt .

Van Nistelrooy should be left
off the starting roster.
"That's all we need to say at
the moment," Ferguson said.
"We.will be discussing it with
club:directors tomorrow and
Tuesday." °
Liverpool, which beat
-Portsmouth 3-1, finished in
third place after winning its



' record.



@ JUVENTUS' Pavel Nedved of Czech Republic, left, celebrates with teammate David Trezeguet of France after scoring against Palermo during an Italian major league

11th in.a row to tie a club



@ ARSENAL'S Thierry Henry scor
dium, London Sunday May 7, 2006. Ar

Chelsea ended its season
with a 1-0 loss at Newcastle

‘and was beaten for the second.

straight game. The Blues fin-
ished with 91 points, followed
by Manchester United with 83
and Liverpool with 82. Arsenal
finished with 67 points, two
more than Tottenham. |
Also, Fulham edged UEFA
Cup finalist Middlesbrough 1-
0. Carlos Bocanegra started for
Fulham in his first game
since March 11 after
recovering from
a thigh injury.



@ ROME -— The Italian
league title will be decided in
next week's final round after

Juventus, and. AC Milan both.

won. :
2-1.to remain three points
ahead of second-place Milan,
which won 3-2 at Parma.
Juventus ends the season at
Reggina, while Milan will host
AS Roma.
If the teams are even
at the end of the
season, Milan
will win the
title because

soccer match at the Delle Alpi stadium in Turin, Italy, Sunday, May 7, 2006.

Juventus defeated Palermo E




it has a better head-to-head
record. Milan beat Juve 3-1 in
October and the teams drew
Q-0 in March. x -

Pavel Nedved. put, Juve
ahead in the 31st minute, and
Zlatan Ibrahimovic scored his
first goal since February 20
minutes later. Denis Godeas
pulled a goal back for Paler-
mo in the 62nd.

Milan had goals from Kaka,
Cafu and Clarence Seedorf,
while Bernardo Corradi scored
twice for Parma.

Also, Siena defender
Daniele Gastaldello tied the

WroiNieaniy ive.

es from the penalty spot to secure his hat-trick during their English Premier League soccer match against Wigan at Highbury Sta-
senal moves.to. the new 60,000-capacity Emirates Stadium next season. 1S)

score three minutes into injury
time in his team's 1-1 tie at
third-place Inter Milan. Julio

Ricardo Cruz scored for Inter.

Luca Toni scored twice to

‘take his league-leading total

to 30 as Fiorentina beat Reg-
gina 5-2.

' Francesco Totti's return
from leg surgery was delayed.
He did not play in AS Roma's
1-0 victory over, Treviso
because of fever. Totti broke
his left leg and strained liga-
ments in his ankle during
Roma's game at Empoli on
Feb. 19.

(AP Photo/Luca Bruno)

as



2UUG, FAO

(AP.Photo/David Davies, PA)

BH MADRID, Spain — Zine-
dine Zidane scored in his final
home appearance for Real
Madrid, heading in a cross

‘from’ David Beckham in a 3-3

tié with Villarreal in the Span-
ish league.

Madrid's players wore a
commemorative shirt inscribed
with "Zidane 2001-2006" -
under the team badge.

The world player of the year
in 1998, 2000 and '03 will make
his final appearance for
Madrid at Sevilla next week. ,.

~ He left the field after being:
replaced in the 90th minute, :
but he reappeared after the,
final whistle to chants of his.
nickname, "Zizou." .

The tie lifted Madrid into’
second place, one point above .
Valencia with one game
remaining. Both teams are

aiming to finish second and’

earn a direct place in the
Champions League.

Julio Baptista scored
twice for Madrid while Diego
Forlan scored two for the visi-
tors. Villarreal got its
first when Madrid defender
Alvaro Mejia scored an own-
goal.

-Batlier, fourth-place
Osasuna's hopes of securing a
spot in next season's Champi--

‘ ons League took a hit after los-

ing to Racing Santander 2-1.
Pablo Alfaro and Antonito
Ramiro scored late goals for
Racing after Savo Milosevic,
gave Osasuna the lead in the
56th minute,

Also, Cadiz was relegated
after a 3-1 defeat at Getafe,
joining Malaga, which was rel-
egated two weeks ago.

@ ROTTERDAM, Nether-
lands — Ajax won the
Dutch Cup for the 16th time,
beating league champion
PSV Eindhoven 2-1 in the
final. it

Klaas-Jan Huntelaar scored:
two goals for Ajax, and
Michael Lamey scored PSV's
lone goal.

The game was Guus Hid-:
dink's last as PSV coach. Hid-
dink, who also coaches Aus-
tralia, signed a two-year con-
tract with Russia's national
soccer team in April.

HB GLASGOW, Scotland —
Rangers beat Hearts 2-0 on
Krys Boyd's two goals in man-
ager Alex McLeish's farewell
to the Scottish Premier League
team.

McLeish, who led Rangers
to the league title last season,

_ is being replaced by former

Lyon coach Paul Le Guen.

Scottish champion Celtic
tied 2-2 with Aberdeen, which
rallied behind two goals from
substitute John Stewart. John
Hartson and Shaun Maloney
put Celtic ahead 2-0.


MONDAY, MAY 8, 2006

SECTION : i ae

ue
collegiate

| ~ We athietesin
a - action ahead
Fax: (242) 328-2398 | of nationals
E-Mail: sports@100jamz.com Sica

gers sweep Shockers
0 take the national title

\ \



out on to p 1 Wiliams said: “T've heard a

MEAL Grand Bahama side com ins ead

Junior Sports Reporter





sau is a power‘house.and they .
usually overlook Freeport, but

AFTER failing to secure

the national title two years
ago, the Playtime Tigers came
back to sweep the Bahamas
Basketball Federation’s
(BBF) national champi-

onships in division I.

Tigers, the top team com-
ing out of Grand Bahama, in
division I, destroyed the Real
Deal Shockers for the title

mance, the team defeated the
Shockers by more than 20
points in each game, posting a

87-63 final score in game.

three.
According to the Tigers,

Debbie
takes first
place in
Jamaica

@ TRACK AND FIELD



AFTER having, to settle for sec-
ond place at thé Drakes Relay’s last
week, Debbie Ferguson-McKenzie
turned up the heat to take the 100m
at the Jamaica International Invita-
tional meet.

win. In a dominating perfor-

Ferguson-McKenzie clocked 11.28 |

seconds for the win over American |

Muna Lee and Sherri-Ann Brooks
of Jamaica.
Lee recorded 11.32 seconds for

even though they were able |
to sweep the Shockers very .

easily, taking the national
championship title from the
team was a statement + that
Freeport have the best bas-

!
(

ketball players’ in the
Bahamas. ' :
‘After the win Tigers’ head
coach Jermiane Williams said
the team was happy for the

win, especially after losing out.



we have the best basketball
players in the Bahamas.. ie
“This title feels great, this
is the one we wanted: to win..
The first time we came ‘here
we got beat, that was in 2004, .:
but this year I am extremely
happy that we are able to take
it back to Freeport.” eS
With only 48 minutes sepa-
rating them from a champi-
onship title, the Tigers estab-
lished an early eight point
lead, wasting no time in
putting away the Shockers. _
- Crashing the boards paid off
for the team, and, since the .
Shockers were ‘playing little
defence, getting to the basket
Was easy. See Ae
: Tigers were able'to score 16
of their.21 points in the first
quarter off the fast break, the
remainder came from the free

throw line.

The absence: of Jeremy

Hutchinson affected. the.
‘Shockers’ offensive line-up

and the post game the team
relied on when they.were
down never came.’
The: team tried to turn to
Van Hutchinson to fill in the
shoes of brother Jeremy, but .
Tigers’ big men John Smith -
and Tamisio Dames were too

“much forhim. «.

Dames had a perfect night
for his team, leading all scor-.
ers with 27 points. He went -
11-for-12 on the night in field
goals, 4-for-4 from the free
throw line and hit all three
points attempted. Chipping in
was Marvin Gray with 23
points, four assists -and three
‘steals. For the Shockers, both

Corey. Williams and Darren .
Longley finished up with 14”
points... peat
' Dames’said: “It feels great
to come and sweep them for
the title, especially since we
went out there a few times in
the past and came back with a
loss. It is good to get two vic-
tories back to back and win
the championships.

“The level of competition
wasn’t what we expected it to
be. When we came to the
tournament we expected to
play a more dominant team
instead of the team we played.

“Taking the title back home .
feels great, knowing that we
came here and won feels even °
better. We lost the first. time
but we are able to carry it
back home this time. :.

“This year we are more
physical, unlike the last two
years. In the past we were
very young and even though
we were playing for fun we
still weren’t taking the game
seriously.” .

the second spot while Brooks turned
in 11.37 seconds. »

DEBBIE FERGUSON- }
MCKENZIE
(AP FILE Photo)







BREAKFAST DELI

& DEUDIOUS WAY
TO START YOUR DAY!



! ‘ y TAR NUHANT