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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Full Text




Volume: 102 No.177

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aut

"MEETING WITH





76F |

CLOUDS |
= AND SUN |



, “As a flight attendant,
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‘The largest

combined seizure of .
marijuana,

cocaine

and cash to date’

@ By MARK HUMES

DRUGS valued at more

than.$1.7 million. were.seized.......

by officers from the drug
enforcement unit in what has
been described as the largest
combined seizure of mari-
juana, cocaine and cash to.
date, officials announced
yesterday..

In addition to the nar-
cotics, officers also discov-
ered $228,723 in cash, a 3.38
handgun, and two live
rounds of ammunition.

While officials would not
confirm or deny assertions
that the drugs had just
arrived in the capital, police
press liaison officer, Inspec-
tor Walter Evans, said that
the drugs had the potential
of reaching both the local
and international markets.

On Saturday drug enforce-
ment officers were directed
to an apartment complex in
the Gladstone Road area. __

On entering the apart-
ment, they discovered a 38-
year-old Bahamian male
protecting a stash of cocaine,
marijuana, firearms, and
cash.

The drugs, which officers
found in the apartment, 105.
kilograms of cocaine and
32.5 pounds of marijuana,
















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_. Mr Evans assured the pub-
lic that the efforts of the
drug enforcement unit. has
remained strong and firm.
“We do not see a signifi-
cant increase in drugs in the
islands because quite a bit
of effort is being made on
the law enforcement side,”
said Inspector Evans. “Addi-
tionally, we are receiving a

tremendous amount of assis-:

tance from the public, as

people continue to look and

pass information on to us.”
Because of the substantial

volume of drugs confiscat-

ed, Inspector Evans said he
did not believe that only one
person would have been
involved in the matter.
Police are continuing their
investigations.

Wishing not to: compro-
mise the integrity of the
investigation, Inspector
Evans said he could not dis-
close any further informa-

tion about the drug bust,

particularly the exact loca-
tion.

“Upon completion of the
investigation,” said Inspec-
tor Evans, “we will be able

to supply the public with

more information.”

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- MONDAY, JUNE 26, 2006

The MiamiHerad |

BAHAMAS EDITION

Baha Mar work |
on Cable Beach >
to startin July |

BAHA Mar Development
Company plans to start work at
Cable Beach in July, according
to Robert Sands, Vice President
of Administration and Exter-
nal Affairs, and is well on its
way to creating an authentic
and one of its kind “resort
metropolis” that will establish
a blueprint for resort develop-
ment in the Caribbean.

It was projected that in its
first full year of operation, from
December 2010 to 2011, the
resort will contribute nearly
$400 million to GDP, adding
6.5 per cent to the Bahamas’
current gross domestic product.

In an address to the Bahamas
Contractors Association, Mr
Sands provided an update on
Baha Mar’s progress thus far
and revealed that the company

_ is increasing its two billion dol-

lar investment.

“The Baha Mar Develop-
ment Company Limited will
inject in excess of $2 billion in
the redevelopment and trans-
formation of Cable Beach.
Indeed, we are moving full
speed ahead and beginning July

1, which is a few days away, we

will be starting work totalling
more than $205 million. These
works will be completed by
local contractors who respond-
ed to our call of interest and
have all been pre-qualified. It
is important to note that we
have decided to undertake
these works in phases so that
there will be minimal disrup-
tion to our hotel operations and
that the jobs of employees at
Cable Beach Resorts will be
protected,” he said. ;
Mr Sands provided informa-

SEE page 13

?



SHANTELL P, vep 1
Flight Attendant paki tile

Do you have the time?
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Businessmatt :
beaten, tied up

pl
and robbed =
at his home
B By DENISE MAYCOGK

Tribune Freeport:
Reporter






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FREEPORT - ‘A’Gr
Bahama businessman
beaten, tied up and robbed at
his residence in the Lucaya
area by four masked men on
Saturday morning...) 37>.

‘Inspector Loretta Mackey,

‘ assistant press liaison officer,
said’ the incident occurred
around 9.15am in the Mid-

. shipman Road area.
. According to reports, a'53-
year-old businessman report-

-ed that he was outside:his
home sometime around
9.15am on Saturday changing
his vehicle’s flat tyre when he
was held up by four masked
men, two of-whom. were
armed with handguns. - .

The culprits ordered the
businessman into the house
where they demanded cash.

SEE page 13:

Dame Ivy speaks out
on state of education

@ By MARK HUMES

WHEN the education wheel of blame stops spinning, the ultimate
responsibility for the state of education in the country rests.with four
individuals: the Prime Minister, the Minister of Education, the
Permanent Secretary and Director of Education, says former Gov-
ernor General Dame Ivy Dumont.

Last week, after it was reported that hundreds of students-from
A F Adderley Junior School were scheduled to be “socially” pro-
moted to the high school, despite their failing averages, The Tribune
began a serious look at the state of education in the Bahamas.

In almost all of the interviews conducted this week, the general
consensus was that as a nation, we all have a great part to playin
what the system has become. ;

However, in the same vein, many have also come to agree with
John C. Maxwell wher he said: “Everything rises and falls on-lead-
ership.” foe

Yesterday, The Tribune spoke with former Governor General
Dame Ivy Dumont, who has spent a lifetime in education. ‘She
talked of the administrative structure that goes into the proper
functioning of education in the country. : ;

“As the country’s top administrator, the Prime Minister is ulti-
mately responsible for the smooth and proper functioning of all -gov-
ernment ministries. It is his responsibility to ensure that the appro-
priate person is chosen to lead an agency, and if that agency is ail-
ing, he must ultimately make choices which will ensure that Wwhat-
ever ails the agency is remedied,” said the former educational
administrator. ye

“Under the Prime Minister’s administration, the next person
who has authority. and responsibility for education is the Minister

of Education, who needs not be a technocrat. >
>

>

SEE page 13 rt



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be
%

PAGE 2, MONDAY, JUNE 26, 2006

LOCAL NEWS

THE TRIBUNE



Public
service
awards

@ THE lead

female singer of

the Royal

Bahamas Police JACK
Force Band Thompson
Keva Major, head of
rendering a Road
selection for Tr affic,
invited guests at speaking
Friday’s public at Friday’s

service awards. awards.



THE 33rd National Indepen-
dence Committee has unveiled
its list of more than 60 out-
standing Bahamian women to
be honoured during this year’s
celebrations.

Among those being honoured
are salutes to the legacies of
some of the, nation’s women
pioneers who have already
passed on.

Dame Ivy Dumont, the first
woman Governor-General, will
be honoured along with politi-
cians Janet Bostwick, Italia
Johnson, Cynthia Pratt, Ruby
Ann Darling and the late Dame

. Dr Doris Johnson. E

Also on the list are civil rights
activists Lady Pindling, Beryl
Hanna, Ena Loretta Hepburn,
Georgianna Symonette and
Mary Ingraham, who fought for
women’s right to vote.

In the category of Arts and
Culture, those being honoured
include Maureen Duvalier,
Arlene Nash-Ferguson,
Claudette ‘Cookie’ Allens,
JoAnn Deveaux-Callender and
Terez Davis. :

The contributions to the
memory of Becky Chipman,
Meta Davis-Cumberbatch, Pan-

honoured.

Tennis pioneer the late Dame
Albertha Isaacs will be recog-
nized for sports along with track
stars Pauline Davis-Thompson
and Christine Amertil while the
list of Bahamian authors to be
honoured include Susan Wal-
lace, Marion Bethel, Telcine
Turner-Rolle.and Patricia Glin-
ton-Miecholas.

The first Bahamian woman
called to the Bahamas Bar, the
late Mrs Patricia Cole-Cozzi,
and the first woman Chief Jus-
tice, Dame Joan Sawyer will
be honoured for their judicial
accomplishments while Anita
Dillet, Indirah Adderley, Joyce
Colebrooke and Anita Bethel











yor, LLIF

on being awarded an
Honorary Doctorate of Humane Letters
from Sojoumer Douglass Collage
on Sunday, June 4, 2006



mere n lee ed eri rere










Coleen etal expienes WOM rege: ond congralulations to Ralth Majar, Seniog View President, Auwhetrig, whe mcentiy rmaelved ee
| sevopaty Doctniale al Humane letters rem Solaumer Dougloss Cetlega,

0 thitesa Monay-ingrhom, President af ibe local campus of Sejouner Dougie, aald the saline! Pha! it any bartiting Hat Mi, Major ne
| ceive te honor at he 4 well respected both professionally and pemanally for tly centibuliony to the Babamsan soclely, Me, Meeajon wags
on beenuie of hie rule in moking 4 pasitive lmpael on the counhy ond on recommendation from Ihe calege's graduating chose

J a
| Abdi Som he innate dese to make @ differmnae i the lives ohh chants ond community, My. Major how alee datingulvied hinwell poe

intienety by achieving the UMRA Leadenhip inilitule Fotow designation, The dynanvia, groutuhe lpn! araguevire fore ot Mane

ing: Gaaesiel penonel elwalivensss, and leadership shalegios to provlee o comprehensive dweslopenend groans bar fiecunahal say.

tne executives To date yan $00 exsculives fom craund the word have seamed Mus designation,

ie. Majer on the receipt of hi: Honorary Doctorate, Mi, Monkgortacy Beolthwolle, presicant a Cadreegechal wate, “Pe

| Cokvebmpedel lomily cauld not be hapeler tor Mr, Major Kell’: mongers hos bows a dined? paul of bis unwavering dedicates to excel.

teree and ehent service and nie dell for onsesng the marelploge, | con Hak of nobody wie cenwnves thik hana mere.”

Aig 1998 recipien af Rotary intemalional’s highea! honar« The Foul Howl Fellow » ify no aunpiee thot Me, Major emtiodios the heret of

service abeve sel ln every lace! of his ie. He hos played an eciive role in charlabie causes wilhin our comunity, moat moently tery

ng oi 4 hembat of he Acton Bohamor: Gormmition which rolaad alma! $800,000 for Huntoane Wilma victinw fhimughout the nation He
i haa sheng suaae of civic duly os widen! by hie wlingnens to peive aa Chomrnan of the Sahamar Hechicly Companion, @ rote he

pms Linch Lew the eouple hie thiwe Hitelron = Owibte Jn: Rosy andl Reanchon,


















dora Gibson-Gomez and:Kayla «:
Lockhart-Edwards also will be~



Williams will be honoured
with the. nation’s first
woman police officer,
Alladyce Strachan, for
their work in law enforce-
ment.

Outstanding educators,

--Thelma Gibson, Dr Keva

Bethel, Mary Albury and
Anatol Rodgers will be rec-
ognized in addition to Rev
Angela Palacious, Sister
Annie Thompson, Rev
Lavinia Stewart and Sister
Maria Rahming.

Health

Those being honoured in
Health, include the coun-
try’s first black nurse,
Matron Hilda Bowen along
with the late Monica Davis,
Mary Johnson, Rosemary
Bain, Alice Hill-Jones, and
Dr. Sandra Dean-Patterson
while the scholarship cate-
gory consists of two multi-
gifted individuals, Dr Gail

Saunders and Dr Desiree ~

Cox.

Public and government
service recognition will go
to Ruth-Miller, Margaret
McDonald, Lois Symon-
ette, Betty Strachan, Vyl-
ma Curling Thompson,
Ethlyn Isaacs, Melanie

Roach and Althea Isaacs. '

Albertha’ Gibson, Nettica
Symonette, Oralee Adams,
Berta Sands, and Menita
Wisdom are to be hon-
oured for business.

Publicity

Posters and banners of
the women will be placed
in -strategic locations
throughout The Bahamas
during the Independence
week of festivities while
brief accomplishments and
video biographies of the
women will be broadcast
on ZNS. . :

“Tt was certainly an ardu-
ous task to.select these
honorees,” said Winston
Saunders, chairman of the
33rd Independence Com-
mittee. “We received many
nominations from various
agencies and we had a
committee made up of
numerous entities to give a
fair review of the nomi-
nees. The end result reveals
a list we ought to be proud
of and as a nation we must
truly pay homage to these
women, most of whom aré
not even in our history
books.”











In brief

Artist to be
celebrated

at Central
Bank

AFTER several manufactur-
ing delays, the musical works in
memory of Bahamian record-
ing and television artist Kristin
Penn-Davis will be launched at
the Art Gallery of the Central
Bank of the Bahamas at 7.30
this evening under the patron-
age of Tourism and Broadcast-
ing Minister Obie Wilchcombe.

Minister Wilchcombe will
bring remarks during the cere-
mony which are expected to be
both informative and enter-
taining.

News, photographic and tele-
vision items highlighting
Kristin’s outstanding career,
which started at the age of 12
with a co-starring role in the
musical drama “Under the
Obeah Tree”, will be on display
at the Art Gallery.

Copies of the DVD
“Remembering Kristin — an
Expression of Faith, Hope and
Love”,.along with specially
designed posters, will go on sale
at the art gallery immediately
following the ceremony and
through to Thursday, June 29.
Kristin can be experienced up
close and personal through the
purchase of these items.

Princess.
Anne visits

Bermuda
for race

m@ BERMUDA
Hamilton

' BRITAIN’S Princess Anne

began a weekend of engage-.

ments on Saturday during a vis-
it to this western Atlantic island
_to celebrate the centennial year
of the Newport-to-Bermuda
sailing race, according to Asso-
ciated Press. inet

The only daughter of Queen
Elizabeth IJ, Anne, formally
known as the Princess Royal,
viewed the white sails and sleek
boats at the Royal Bermuda
Yacht Club after meeting with
representatives of a disabled
equestrian group on Saturday
morning.

A keen horsewoman who
competed in the 1976 Olympics
in Montreal as a member of the
British equestrian team, the
princess was introduced to

‘young riders and watched them
put their horses through their
paces before handing out prizes.

On Sunday, she is expected

to lay wreaths at the Bermuda

Royal Navy Cemetery and also
tour the tall ship USS Eagle,
which is visiting the island to
mark the 100th anniversary of
the 635-mile (1021-kilometer)
Newport-to-Bermuda race.

Share
‘your

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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THE TRIBUNE



dies after
hit-and-run
accident

-POLICE are investigating a
hit-and-run accident over the
weekend that resulted in the
country’s 22nd traffic death this
year :

At 10.30 on Friday night
while in the Montrose Avenue
area, the driver of a Honda
vehicle was travelling north on
Montrose Avenue when he hit a
woman and sped off.

The woman was taken to the
hospital and later died as the
results of injury sustained dur-
ing the accident

Police are following leads into
this traffic mishap and hope to
bring closure to the matter
soon.

Caribbean |
leader urges
countries to
join CSME

& ST KITTS
Basseterre

THE chairman of the Orga-

nization of Eastern Caribbean:

States said the nine-member
bloc was committed to joining a
regional single market econo-

- my but would not confirm if it

would be ready by an agreed-
upon June 30 deadline, accord-
ing to Associated Press.

The nine-member bloc signed
a declaration of intent to join
the Caribbean Community’s
single market economy by the
end of the month, but Baldwin
Spencer, organization chief and
prime minister of Antigua and
Barbuda, on Friday would only
say he was “hopeful” that ‘all
the bloc’s small island nations
would become part of the single
market by the deadline.

“We are always very hopeful
and we believe things will work
themselves out. June 30th is not
a magic day — but it is a com-
mitment that we had made

. sometime ago,” Spencer said at

the close of the organization’s
25th anniversary meeting in St.
Kitts.

The organization has long
voiced concern about the trade
imbalance between their east-
ern Caribbean countries, which
share a common currency, and
the. 15-nation Caribbean Com-
munity.

Caribbean
leader urges
countries to

join CSME

. & WASHINGTON

FOURTEEN Saudis were
released on Saturday from the
detention center at the U.S.
naval base at Guantanamo Bay,
Cuba, and transferred back to
Saudi Arabia, the Pentagon
said, according to Associated
Press.

One was released because
U.S. officials determined the
detainee was no longer an ene-
my combatant. The other Saud-
is were released after an admin-
istrative review process deter-
mined they could be trans-
ferred.

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@ By MARK HUMES

NATIONAL Defence Min-
ister Cynthia Pratt has con-
firmed that the Bahamas
Defence Force’s Air Wing
Commander was not qualified
to fly the force’s King Air sur-
veillance craft. This led to its
eventual grounding.

The disclosure by the
defence minister came last
week during her contribution
to the debate on the 2006/07
national budget.

In her presentation to the
House, Mrs Pratt said: “The
Commander of the Defence
Force Air Wing, Senior Com-
mander Maurice Williams and
Senior Lieutenant Shondell
Pinder were approved to com-

mence training shortly after the |

aircraft was purchased.”

She said that the aircraft exe-.

cuted 18 familiarisation flights
and completed 40 flight hours
during July alone.

It was in November 2005,
when “it became known that
the Air Wing Commander did
not qualify as pilot-in-com-

the services of JGH

MONDAY, JUNE 26, 2006, PAGE 3







mand to Airline
Transport Pilot stan-
dards” that the Air
Wing’s operation was
brought to a halt, she
said.

Since November, »
the minister said, the
Defence Force has
been in pursuit of full
compliance of the
Flight Standards
Inspectorate, which
required the aircraft
to be re-registered
and to be serviced in
preparation for full
inspection.

In pursuit of this,
continued Mrs Pratt,

Aviation was
retained, and the craft
was ferried to Flori-
da on May 20.

The King Air 350 Turbo air-
craft came under media scruti-
ny when North Eleuthera MP
Alvin Smith called on the min-
ister to account for the “dys-
functional” craft which had
been sitting unused at Nassau

i CYNTHIA Pratt



International Airport.

’ At first, speaking on behalf
of the national security agency,
Permanent Secretary Mark
Wilson had explained that the
plane’s grounding was due, in
part, to “mechanical difficul-
ties,” saying that “the procure-



ment of parts was not
such a straightfor-
ward matter.”

He assured the
country that “the
commander of the
airwing was specifi-
cally trained to fly the
aircraft, as he had
specific theoretical!
‘and hands-on train-
ing.”

With that, Mr Wil-
son said that the craft
had been sent off for
servicing.

Mr Wilson later
retracted his state-
ment when a picture
of the aircraft at Nas-
sau airport appeared
on the front page of
The Tribune the day
following his inter-

. view.

In a letter to the editor, Mr
Wilson apologized. He said he

had “learnt subsequently that



the aircraft had not been sent ,

for repairs.”
In a follow-up interview, sev-
eral more conflicting comments

t
>

%

»
»



we 6
cd
made by the permanent secre- *«

tary eventually came under *,
scrutiny, and when approached »* «4

for answers, the spokesmen 2. 3





49
e
ve

ee

passed all further inquiries?s %
from The Tribune to Bahamag+? ¢*

ati : en pte &
Information Services (BIS) see °
Of the five questions Sube$e
mitted, one asked for MiAWglees
son to substantiate hisefidisfies ef
oe
&
ae

a

that Commander Williaars'w.
indeed qualified to cominiati
the King Air craft. Pat a

Through a spokespersori





oe

ey

et
A

oe

national security, Mr Wilson-:: ..

said that the answers to the -
questions put to him were fof.
warded to BIS. eta
However, after weeks of-
wrangling with BIS, The Ti-
bune later learned from BIS’s

Anthony Delaney that Mr Wil, -

son did nét want to answer. thete
5. r are ge
questions because he felt-hist
words in past interviews had?
been misconstrued.
Last week’s candid and open

admissions to the country by...

Minister Pratt puts to rest and ’
clarifies some of the conflict- -
ing information given by the
ministry’s second-in-comman¢.



MARSH Harbour airport in
Abaco will not be closed when
it undergoes renovations in
September, Works Minister
Bradley Roberts told The Tri-
bune yesterday. ,

This comes as good news for
many Abaconians who
believed that 10 or more busi-
nesses could have folded if
government had closed the air-
port for two months later this
year.

Alarm spread throughout
southern Abaco after an e-mail
notified a business of the clo-
sure plan from September to
November. It indicated that

4

Benet
_Umbrelias |

Leungers
_Drinks Trolleys
Coffee Tables |
d Tables. \

ons ND

larsh Harbour airport

‘the proposal would be made

official in about two weeks. .

However, according to Mr
Roberts, there will be no need
to close the airport for reno-
vations.

There was no argument that
the airport improvement work
was needed. But locals believe
that contractors should build
a new runway and keep the
airport open while work is
underway.

Temporary closure would
mean visitors having to take
an-$80 taxi-ride from Treasure
Cay airport, which is 28 miles

. from Marsh Harbour.

“It is the kind of thing that
would provoke many tourists
to take their vacations else-
where. It could cost the isiand
a fortune in lost business,” one
local businessman said.

Ms Denise Kelly of Abaco
Air said closure would affect
business on surrounding cays.

However, she made it clear
that she was not opposed to
the construction of a new run-
way and had no plans to block
the airport with aircraft if the
work went ahead. ;

“Unfortunately, this. could
have been conveyed by yes-
terday’s report,” she said.

Sone










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Marsh Harbour is new the
second busiest airport in the
Bahamas — a reflection of the
island’s buoyant economy.
















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PAGE-4, MONDAY, JUNE 26, 2006

EDITORIAL/LETTERS TO THE EDITOR |

THE TRIBUNE



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The Tribune Limited

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

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

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

TELEPHONES
Switchboard (News, Circulation and Advertising) 322-1986
Advertising Manager - (242) 502-2352
Circulation Department - (242) 502-2387
Nassau Fax: - (242) 328-2398

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DESPERATE to solve its escalating
crime rate Trinidad and Tobago will spend
“£13 million over the next three years to hire
39 serving and retired British police officers
‘to bring their know-how to its outdated, strug-
‘eling force,” reported The Trinidad Times
on June 14. ,

The report said that the team headed by a
35: -year Metropolitan Police veteran, will
‘bring “a wealth of experience in serious crime
rinvestigation to a country rife with gang activ-
Hey murder and kidnap.”

“Called a “killing field” by a Trinidad busi-
tnessman, Trinidad had a record 386 murders
nd.235 kidnappings last year. Of the 12,919
mplaints made against the police from 1999
ito ‘2004, only 20 per cent were investigated,
‘according to Amnesty International.
nd Ji amaicans, disenchanted with their
olice force, which, according to a Dai-
ther editorial; they believe has “grown

rupt, inept and repressive,” and has con-
ibuted “more to social instability than the

ention or solution of crime,” have
jemanded external help.
Three British officers have been recruit-
.. d.from the senior ranks of London’s Met-
j s topolitan Police, and a fourth is on his way to
ry amaica.
ee * Last month when Nassau’s prison break,
* which resulted in two deaths — a police offi-
pber and a prisoner — was the main topic of
conyersation, a worried senior police officer,
“it whom we have a great deal of confidence,
commented that if the Bahamas didn’t get
foreign policemen into certain key areas of
“our force, this country’s future looked bleak.
, Unlike Trinidad and Jamaica, we have
«not lost faith in our force, especially in Com-
‘ ‘missioner of Police Paul Farquharson and
“his hard working police team, but it must be
\ admitted that the force has too many in its
1 ranks-who are operating below the radar.
Although the Commissioner is quick to
' take a corrupt officer before the courts, there
\ is only so much that even he can do when
\ | faced with all the hidden agendas within his
force. In addition to the inevitable temptation
‘ to make a fast buck, there are family and
friends who fall afoul of the law and expect
} special protection. This is the problem in
such a small community where everybody
i knows, or is related to everybody else — it is
a real challenge to honest policing. There
‘are few officers like “Gussie” Roberts in the
force today. Mr Roberts was a police. offi-
" cer, who, no matter who you were or who you
4 were related to, marched you straight to the
| court house if he caught you in crime. It was



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“Disturbing report about the Police

said of him that he would “arrest his ma” if he
had to.

‘With an exasperated, shake of the head, a
government minister recently commented
that it seemed that corruption’! is endemic in
this country.

And a former cabinet minister remarked:
“Corruption in this country is unbelievable —
it has to be destroyed or it is going to under-
mine our democracy.”

And as we write this a policeman has been
phoning a young Bahamian all day Sunday.
The young person has refused to take his
calls. The family believes it is a shakedown.

And on June .14 Commissioner Farghuar-
son is alleged to have been sent a letter signed
by a group of “loyal officers” reporting what

- they call “systemic (sic) and ongoing corrup-

tion — openly advertising and promoting

-extortion of any number of legal and illegit-

imate business concerns within his district.”
They called the name of a senior officer. Fur-
ther, they allege, this officer “is known to
make open files disappear for the right price,
thwarting the attempts of citizens to receive
the justice they deserve.”

We were unable to contact Commissioner
Farquharson for him to confirm or deny
receipt of this letter, or whether he had any
information on the allegations it contained.
However, included in the four-page letter, a

copy of which was sent to us, 18 persons and _.

companies — it was made clear that these
were just examples, not a complete list —
were named as paying “protection” money.
Four cases were given as examples of how

_ justice is being compromised by files disap-"
‘pearing for a price.
This information would not have seen the’

light of day before we talked with the Com-
missioner. However, we knew one person on

‘the list well enough to call him about the

allegations. What we learned from him was so
alarming that we are satisfied that if not all,
then most of what that letter contains is true.
We think the public has a right to know.

For example, there is an allegation about
$49,000 stolen from exhibit money in a certain
case and shared between two policemen, both
named in the letter.

Is this what our worried police friend meant
when he said foreign police officers were
needed in certain areas of the force?

Corruption might be endemic in this coun-
try, but it will sink deeper and take even
firmer hold if we treat it as inevitable, shrug
our shoulders and walk away. It is now that

serious decisions have to be made if our

police force is to be stripped of its corruption.



Response to the
Cuban Ambassador

EDITOR, The Tribune.

IT is with a most disgusting and
nauseating feeling that I am com-
pelled to respond to two recent
press releases by the Cuban
Ambassador to the Bahamas, Mr
Felix Wilson Hernandez. After
more than thirty years of being
involved with Human Rights
issues, I have drawn certain logical
conclusions about dictators, their
embassies and their diplomatic .rep-
resentatives when it comes to pre-
senting the truth objectively to the
public. They portray an idyllic soci-
ety or country, one that is in the
best interest of its citizens or one
where the population is living in a
“paradise”. By carefully and delib-
erately controlling the flow of
information, it is possible to create
an “Animal Farm” -type society
where only the leaders and the sys-
tem controls the behaviour of indi-
viduals. Anyone who challenges
this process or offers a contrasting

’ point of view, no matter how patr-

otic the motive is deemed an “ene-
my” of the state and are either
imprisoned or otherwise deprived
and punished in some way.

Without the basic facts of life in
such a brainwashed and controlled
nation, the reality of truth is an
alien concept. Consequently, a
nation drifts in this sea of ignorant
“facts” in this artificial society,
dependent on those who enforce
this unjust system on their own
people as the ones who have their
best interest at heart. Of course,
this is all pure hogwash. One just
has to look at the collapse of The
Berlin Wall during the early 1990s
to see what happens when the
yoke of oppression is lifted from
the shoulders of an oppressed peo-
ple. What the government had
been telling the people was any-
thing but the truth. If these kinds of
controlled societies were so great,
why haven’t any of these countries
reverted back to their old ways
once the people have had a taste of
freedom?

Ambassador Wilson Hernandez
presents what his government
wants. selectively presented, but
takes great care to avoid and duck
irrefutable facts. The standard pro-
cedure is to blame the messenger,

rather than deal with the message. .

His suggestion that just a few per-
sons, “honestly, no more than six

.-Woices”. presented opposing views

on aspects of-Cuba is most ridicu-
lous. This is truly amazing as an
experienced human rights activist
for over three decades,'I am fully
aware that on many occasions |
was the only voice of reason in the
wilderness. History has shown that
on a number of such occasions, the
position that I took was indeed the
correct one.

Ambassador Wilson Hernandez
also attempted to identify some of

. Cuba’s critics who had made pub-

lic statements just prior to the May
9, 2006 United Nation vote that
questioned Cuba’s record on
Human Rights, “including for-
eigners”. As someone who had
written a number of articles from
Boston, Massachusetts critical of
Cuba’s poor human rights record,
it is an educated guess that there is
a clear reference to my submis-
sions: Of course, I must excuse
Ambassador Wilson Hernandez’
ignorance of this particular critic of
Cuba’s violations of The Universal
Declaration Of Human Rights.
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letters@tribunemedia.net



allow me to introduce myself, as in
the past Ambassador Wilson Her-
nandez has been a terrible judge of
my character. First of all, I must
state for the record that I am not
an “enemy” of Cuba, nor am I an
American puppet as you have

described persons who voiced con- '

trary opinions to that of Cuba’s.
Nor am I a “foreigner”, even
though I currently reside in the
United States, trying to influence
Bahamian public opinion. Indeed,
Tama born Bahamian with Cuban
heritage as my grandfather had
come to the Bahamas from Cuba.
Therefore, I have a strong inter-
est to ensure a good relationship
between the Bahamas and Cuba.
For those who really know me,
they are aware of my dedication
to Human Rights, not just locally
but around the world for the past
three decades. By suggesting that I
may be a puppet or partial to one
system or government is a com-
pletely false perception. On more
than one occasion, I have even
|

I was one of those university stu-
dents during the 1970s that protest-
ed against institutions with major
investments in an apartheid South
Africa and for the freedom of Nel-
son Mandela. My greatest moment
of personal triumph was meeting
Nelson Mandela when he was on
his way to become the President of
South Africa. Man, talk about
the stone that the builder refused!
That was the moment of my life
when I committed to fight oppres-
sion wherever it exists in the world.
I also realised that I had to speak
for others who couldn’t speak
because their government ignored

‘ the Universal Declaration by deny-

ing its citizens freedom of expres-
sion within its borders.

Over the years, much of my
opinion has been expressed in the
press and so there is certainly a
paper trail'that anyone can follow
if they would like to know where I
stand on a particular issue. Ambas-
sador Wilson Hernandez, you
seem to feel that because some-

* one criticizes Cuba, it automati-

cally makes youan American pup-
pet. You must be objective in your
thinking. On a number of occa-
sions, I have openly taken Presi-
dent George W Bush to task and
publicly demonstrated against him
over his policies, both domestic
and foreign, some of which both
you and I might agree upon. In the
2002 Presidential Election, I open-
ly campaigned against President
George Bush.

Fortunately, the United States
Constitution is consistent with the
Declaration as it provides for the
freedom of expression. This is com-
pletely contrary to the situation
that exists in Cuba. I have often
imagined what would happen to
me should IJ visit Cuba and voice
my opinion the same way that I
do in the United States. Or hold a
placard demanding a change in
Cuba’s policies in front of a Cuban
government building or high rank-
ing official? I find it completely
amazing that Ambassador Wilson
Hernandez can demand that the

media be more balanced and fair.

when dealing with Cuban matters.
Coming from a country that has
imprisoned journalist for lengthy
periods, how on earth can he even
fix his mouth to make such an out-
rageous request knowing full well
that the country he represents has
zero tolerance for objectivity?

As if pre-programmed, when-
ever Ambassador Wilson Her-
nandez and his sympathisers are
asked about Cuba’s human rights
record, the immediate reaction is
to divert attention from the issue
by attacking the United States. The
issues of the war in Iraq or the
prison at Guantanamo Bay,
Ambassador Wilson Hernandez
feels legitimizes whatever indis-
cretion is committed by Cuba.
Ironically, despite the avalanche
of criticism over Guantanamo Bay
prison by the Cuban government,
almost every day in the various
news media, the public can see to
some extent what is happening in.
Guantanamo prison. It is inhu-
manely unconscionable that the
public or an Independent Watch-
dog group has not seen the inside
of a Cuban prison in almost 50
years since Fidel Castro became
president. However, my concerns
over the oppressive manner Cuba
controls its citizens goes back
almost two decades.

Prior to August 19, 1992, I often
identified Cuba with the Bahamas
as the only two countries in the
entire western hemisphere that
only had one government con-
trolled and censored radio/TV sta-
tion. Essentially, the Opposition
and those with opposing or con-
trasting points of view had no
avenue to express themselves. The
only explanation of an event in the
country was that of the govern-
ment. Needless to say, all too often,
the government got its facts wrong.

During the 1980s, on behalf of

the Grand Bahama Human Rights
Association, I applied for a licence

to open an Independent radio sta-__-

tion called Radio Freedom. After
several years of trying, the appli-
cation was eventually rejected by
the then Prime Minister, the Hon-

ourable Sir Lynden Pindling. With ~ ;

the change in government on
August 19, 1992 and the liberation
of the airways, in hindsight, Sir
Lynden Pindling has since then

admitted to the effect that this lib- -
eration was within the best interest~

of the Bahamas and democracy.
Today, Cuba is the only country
in the entire western hemisphere
with just one government con-
trolled and censored radio/TV sta-
tion in the whole country. To
ensure its citizens don’t listen to
other stations, some stations are
electronically “jammed” just so
that the Cuban people cannot hear

another opinion on a matter. This .
_ is a complete disgrace, Ambas-

sador Felix Wilson, and goes
against the grain of the Declara-
tion. Cuba should be ashamed to
punish its own citizens in such a
disgraceful way and is morally dis-
qualified from sitting on any Unit-

ed Nations Council dealing with.

Human Rights!

DR LEATENDORE
PERCENTIE
Boston,
Massachusetts

June 15, 2006.

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Al

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THE TRIBUNE





After OPBAT, then what?

HE United States

Embassy in The
Bahamas should be com-
mended for the manner in
which it, and the Department
of State, of which it is a part,
have undertaken to lobby for
the retention of funding for
military assets (including heli-
copters) presently operating
under the umbrella of OPBAT
in The Bahamas. ,

This comes fast on the heels
of an announced plan by Don-
ald Rumsfeld, US Defence
Secretary, to cut spending in
less high priority areas in order
to concentrate on military
commitments in West Asia.
Presumably, the embassy’s will
join a chorus of other voices
urging the Pentagon to rethink
the effective scrapping of a
programme that has done so
much to make our region safer
(cutting the percentage of US-
bound cocaine trafficked
through the Bahamas/Florida
region from 80 per cent to 10
per cent). :

However, as an Embassy
spokesman recently made
clear, there are in fact various
agencies of the US govern-
ment, such as the Coast
Guard, that could“ be
approached to pick up the
slack should their efforts with
the military prove unsuccess-
ful.

But if the maintenance of a
robust, institutionalized
approach to the problems of
smuggling through these
islands is of greater national
importance to the United
States than Mr Rumsfeld
seems prepared to acknowl-
edge, then an even more sting-
ing criticism can be made of
our own national leaders.

-t should embarrass us
that, so many years after

‘the bilateral programme

began, and decades after the

. influx of contraband and
immigrants through our coun- .

try pronounced themselves as
national security issues of the
first order, the possible



Dee Maia

removal of the OPBAT shield
still threatens us with cata-
strophe. It all points to our
having invested next to noth-
ing in developing an indepen-
dent capacity to deal with
these issues ourselves.

At the current time, our
Defence Force features no sig-
nificant airborne capacity,
although all acknowledge the
aerial surveillance aspect of
the OPBAT programme to be

PERSPECTIVES



ANDREW: ALLEN

run the gauntlet of the Exu-
ma Cays (i.e. those happy to
reside in the southern islands)
are able to slip in and out of
the southern, less developed
islands without much fear of



The recent outbreak of malaria
in Exuma would seem to
confirm these suspicions, as it
suggests a trade between Exuma
and an endemic area (Haiti) that
is sufficiently established (and
unregulated) to permit the
successful transplantation of the

offending vector.

SESS ee SS STS SO SI

its crucial strength. A force
dependent upon sluggish
patrol vessels and land based
surveillance can simply be no
match for the dispersed, fast
craft of the drug trafficker.
Even more alarmingly, the
vast majority of our Defence

Force and law enforcement:
assets are centred in New

Providence, an island that is
more than three hundred miles
away from the country’s
porous southern borders.

In practice, most of the
interception of migrants by
Bahamian officials takes place
in an area stretching from the
middle Exuma Cays to. the
southern approaches to New
Providence. This formula
(which appears deliberate)
leaves the entire southern two

thirds of the archipelago effec- |

tively exposed.

necdotal evidence
suggests that those
migrants who do not have to

interception. The recent out-
break of malaria in Exuma
would seem to confirm these
suspicions, as it suggests a

-trade between Exuma and an

endemic area (Haiti) that is
sufficiently established (and
unregulated) to permit the suc-













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cessful transplantation of the
offending vector.

If, as now seems likely, cur-
rent investment trends presage
a reversal of the economic for-
tunes of many southern
islands, then the top-heavy
patrol capacity of the Defence
Force, and the concentration
of its land-based facilities in
New Providence will doubt-
less serve those growing south-
ern communities badly.

ll of this would be

bad enough if it only
meant that southern island
communities will one day find
themselves tackling the out-
size immigration problem
faced by booming places like
Harbour Island and Abaco

today. Unfortunately, it means,

a lot more than that, since
where people and mosquitoes
can enter unregulated, so can
all manner of illicit contra-
band.

One of the features that dis- .

tinguish the OPBAT arrange-
ment is the realisation among
participating parties that,



~ YOUR LOCAL MEMBER OF THE-

PROCHEM SYSTEM (sm)

MONDAY, JUNE 26, 2006, PAGE 5-: |

when it comes to law enforce-
ment in our sub-region, the
smuggling of people and the
smuggling of drugs can nei-
ther be separated from one
another nor from the far
broader issue of (collective)
national security.

The present concentration
of our law enforcement assets
away from the porous south-
ern borders of our country
means that, should OPBAT
ever really vanish, the south-
ern islands are likely to
become a lawless marketplace
of drugs, migrants and dan-
gerous contraband of all
kinds.

aie
ity

FOR PEST PROBLEMS

ai aa 7



A Real) Oe

MONDAY,
JUNE 26

6:30 Bahamas@Sunrise
11:00 Immediate Response
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12:05 Immediate Response Cont'd §




























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The leaders of some of these
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through the issuance of debt
securities to institutional and
retail investors as well as lines of
credit from international finan-
cial institutions.

He the CDB not
insisted on sticking to

international best practices in
evaluating and approving loans,
it would have not won the con-
fidence of larger financial insti-
tutions and would have long
since collapsed. And, the devel-
opment of its borrowing coun-
tries, who have been the bene-
ficiaries of its operations, would
have been retarded.

From its inception in 1970 to
the end of 2005, the CDB has
contributed US$2.6 billion to
improving the lives of its 17
Caribbean borrowing member
countries. |

On the face of it, US$2.6
billion among 17 countries
may not seem significant, but
these small countries have a
combined population of only 5
inillion people stretching from
Belize in Central America,
through the chain of
Caribbean islands to Guyana





@ SIR Roanld Sanders

in South America.

And, the loans, equity and
grants have been made in cru-
cial areas among which are
roads transportation; air and sea
transport; rehabilitation after
disasters caused by hurricanes;
education; and low income
housing.

Sticking to its obligation to
give “special and urgent regard
to the needs of the LDC’s”,
over the period 1990 to 2005
the CDB has provided
US$1,194.1 million or 57 per
cent of total disbursements to
these countries. The LDC’s also
received 71 per cent of dis-
bursements from the Bank’s
special operations.

iE is difficult for many of
these countries to.access
financing directly from larger
institutions such as the World
Bank and the Inter-American

Development Bank. For, while ,

the sums involved are fairly
large in relation to their
economies, they are small in
comparison with the~portfolio
of loans and equity funding
required for huge projects in far
larger countries.

_ But, the amount of time and
resources necessary to conclude
a transaction for a large project
is almost the same for a small
one. Therefore, funding small
projects is an expensive exer-
cise both for the lender and the
borrowing country, and the

large financial institutions have .

shied away from it. .
Consequently, a smaller
development bank — dedicated
to the needs of small countries
— is crucially important to the

countries of the Caribbean, and

if the CDB did not exist today it
would have had to be created.
As an example of the impor-

THE TRIBUNE

tance of the Bank to its bor-
rowing countries, after the dev-
astation of Grenada by Hurri-
cane Ivan in 2004 and the fur-
ther damage by Hurricane Emi-
ly in 2005, the CDB played a
major role in financing the
country’s rehabilitation.





Restoration of water and _

electricity to affected areas was
immediately financed by the
Bank which is also funding suit-
able housing for low income
households, the replacement of
damaged bridges and the
improvement of roads.

amaica and Guyana —
two of the so-called More |

Developed Countries
(MDC’s) — also benefited from
the Bank’s
2005. US$54.1 million was pro-
vided to Jamaica to continue
construction of a coastal high-
way, and Guyana received
US$5.6 million under the High-
ly Indebted Poor Countries ini-
tiative.

Beyond the loans, equity and |

grants that it has made avail-

iable to individual Caribbean

countries, the Bank has also
provided support to regional
initiatives that may not have

materialised otherwise. For ;
instance, the CDB raised the -

US$100 million necessary to
finance the Caribbean Court of
Justice (CCJ).

The CCJ is the court of orig-
inal jurisdiction for disputes
between signatory countries of
the revised CARICOM Treaty

and is now the Court of final,

appeal for Barbados and
Guyana. If constitutional
changes are accepted by a ref-

lending in.

Weer

ed WO OOO

erendum in each of the other ©

CARICOM countries, the CCJ

will replace the British Privy «
Council as the final appellate |

body for those countries as well.

“Apart, from the CCJ, the

to the Caribbean Regional
Negotiating Machinery

‘ (CRNM), the group that under-

takes the region’s technical
trade negotiations with other
countries and regions and with-

‘in the World Trade Organisa-

tion.
The Bank has also played a

‘CDB also provides assistance

central role in the formulation |

of the Regional Development
Fund whose establishment
came to be a key condition of
the Leeward and Windward
Islands of CARICOM joining
the Caribbean Single Market
which was started by Bz. vados,
Belize, Guyana, Jamaica, “vuri-

nam and Trinidad and Tob:_9 ©

in January this year.

The CDB proves that, once
Caribbean institutions adhere
to international standards and
best practices, they can gain
international respect while ful-
filling their obligations to the

countries for whose benefit they :

were established.

Responses to: ronald-
sanders29@hotmail.com

YOUR CONNECTION®TO THE WORLD

TENDER — APPRAISAL OF
BUILDINGS AND LAND

The Bahamas Telecommunications Company Ltd. (BTC) is
pleased to invite Tenders to provide appraisal of its Buildings and

Land.

Interested companies/firms in Nassau may collect a Tender
Specification from the Security’s Desk located in the Administrative
building on John F. Kennedy Drive; Nassau, Bahamas between
the hours of 9:00 a.m. and 5:00 p.m. Monday through Friday.

Packages can also be collect in Freeport, from the Security’s desk,
BTC, Mall Drive.

The deadline for submission of tenders is 5:00 pm July 17th,

2006.

Tenders should be sealed and marked “TENDER —

APPRISAL OF BUILDINGS AND LAND” and should be
delivered to the attention of the Acting President and CEO, Mr:
Leon Williams by the above date and time.

BTC reserves the right to reject any, or all Tenders.



Y



THE TRIBUNE



MONDAY, JUNE 26, 2006, PAGE 7










@ PICTURED (left to right): Shantell Collie; Gregory Collie; Edward
Hutcheson; Paul Shaw; Makeisha Campbell, marketing and graphics, John
Bull; Robert Munroe; Arthur Morris; Leroy Jones; Glendina Minus and

Bridgette Williams.

14-year-old’
portrait of drugs
and Bahamas

AN outrageous original script
about a likable drug dealer liv-
ing in paradise, penned by 14-
year-old Bahamian Arthur
Diennet is raising eyebrows in
some quarters.

Bahama Joe is “the wacky
story of a drug dealer and his
two friends who try to unite the
east and west-side dealers —
much to the displeasure of a
drug lord. ~

“Set in the sun-soaked
Bahamas, this script is as hilar-

-iously rude as it is original,” one

report said.
Rowdy and inventive, the

Creative Play.

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script Bahama Joe has an
unusual pedigree. Written by
teenage wunderkind and
Bahama native Arthur Dien-
net, the script tells the rollicking
tale of Conky Joe, a drug deal-
er on a wild mission. Tired of
the fighting among the east side
and west side dealers, Joe’s
dream is to get everyone to
agree to combine both territo-
ries into one big area he calls
the “Weast Side.”

But will a determined drug
lord stop Joe and his buddies
in their tracks? And can Joe
ever manage to get together

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LOCAL NEWS

TEN lucky dads have walked away
big winners during the John Bull
Father’s Day Scavenger Hunt.

Participants set out to prove that their
dad was indeed the perfect ten as they
worked steadily, gathering points from
visits to the Bay Street, Mall at
Marathon, Harbour Bay and Palmdale
locations, as well as a number of the

Top ten
- John Bull c





La Par-

John Bull Business Centre,
fumerie, Gucci and Guess.
Leroy Jones came out on top, receiv-
ing a $1,000 John Bull Gift Card and
other fabulous prizes courtesy of John
Bull, Tommy Bahama and Burberry
fragrances. The other nine top score

dads took home $500 gift packs, inclu-
sive of a $350- John Bull gift card.
Leroy Jones exclaimed, “I don’t know

1amed in:





‘tition

how to feel right now, I didn’t even
know I was a winner until my daughter
brought me here today!”

The hunt climaxed with pre-Father’s
Day activities at the John Bull Harbour
Bay location, the final drop spot for the
Scavenger Hunt Game sheets. A “Make
a Card for Dad” craft table, sweet treats
and in-store giveaways were provided
for the event.

a ea Re OS



Full of outlandish jokes and

John Bull owned stores including the







Under the Distinguished Patron
o Marguerite Lady Pi ndling_

with Ashley, the gorgeous
daughter of a hotel magnate?
A spokesman for the book
said: “This is a ribald portrait
of Paradise, seen through the
eyes of young local Diennet.



tae ie sae eee Sw De ee ee ee Re

sight gags, and ripping with
comedic energy, Bahama Joe is
the debut of a young new tal-
ent.”

Bahama Joe is available for
sale online at Amazon.com,
Borders.com, BookSurge.com,
and through additional whole-
sale and retail channels world-
wide.



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PAGE 8, MONDAY, JUNE 26, 2006 ws iS Aa Tha
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THE TRIBUNE

MONDAY, JUNE 26, 2006, PAGE 9



LOCAL Nay



Public speak their
~ minds on BEC





@ GREG Lampkin said: “1
have an issue with the public
being drawn into these
industrial matters.”





@ ROGAN Huylerforbes said:
“The government needs to get
things into place.”



* PRESIDENT of the BEWU
Dennis Williams claimed on
Thursday that union members
were being forced into a serics
of “massive industrial actions”
by BEC.

He also said that power out- ,

~ages could result from any
action taken by the union mem
bers

Several power cuts ovet the
past two weeks have raised the
ire of many. Bahamiuans, and
yesterday The Tribune took to
the streets to get responses to
Mr Williams’ announcement.

Most persons interviewed
were highly concerned about
the length of time the hostility
between BEC staff and man-
ayement could lasi— as they do
not-want more power cuts.

On the other hand. a small
percentage of those interviewed
said they believe the BEWU
should take “any actions neces-
sary” it the members are justi-
fied in their concerns.

“{ have an issue with the pub-







The Tribune wants to
| hear from people who

} on 322-1986 and share
your story.

Tee

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lic being drawn into these indus
trial matters said populai
radio personality Greg Lamp
kin. “The public is being made
to pay for disputes that don’t
concern us.”

Mr Lampkin complimented
BEC for its continued commit
meni ie providing voud scivict
ID Mis COustiluelicy, Dui said a
speedy roseuution ts accded ta
the stand-out

Restaurant manager Eamon
Adderley said: “These things
get out of hand, and in the end
only the people suffer.

“We lose expensive equip
ment we've lost appliances
because of power outages ti the
past. | dont capert a mnacic
from the goverament, but some

thing needs:to be-dane,” he said...

Dave Sinclan said “The pow
er hasn't been off in the past
week, so that’s an improvement.
I hope the claims aren’t true, as
the people suffer because of
these actions.”

“Pve been having power cuts







are mac.

East Shirley Street

BC

www.sun-tee.com m

Faeeee reer Se a eae
if it Looks Good It’s Got To Be SunTee.





@ DAVE Sinclair said: “If
even more power cuts occur,
someone must be held respon-
sible.”







BEAMON Adderley said: “I
don't expect a iiracie out of
ihe government, but
something needs to be done.”

almost every day.” said Rogan
Forbes. “It’s bad enough with
out all-the quarreling and
threats. The governmeni needs
to get things into place.” she
said









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PAGE 10, MONDAY, JUNE 26, 2006

erzner
sahamians

iS





KERZNER International’s
2006 Elmira Scholarship recipi-
eats have big plans for success
and, Kerzner is making it all

& Graphic Design

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happen for them.

The resort development
company has awarded two
scholarships to two deserving






Bahamians — 20-year-old
Kayshannique Collie, and 18-
year-old, Renaldo Neely to
study at the prestigious Elmira
College in New York.
Kayshannique, an employee
at Kerzner’s One&Only Ocean
Club on Paradise Island, has
been awarded a two-year schol-
arship. She will complete her
Bachelors degree in Theatre
Business at Elmira College.
Kayshannique is a former grad-
uate of the College of The
Bahamas, where she successful-
ly obtained an Associates degree
in Law and Criminal Justice.



college

Collie hopes to some day open a
local business in the Bahamas.
Renaldo, one of three chil-
dren of Paula Neely, an Admin-
istrative Assistant in Atlantis’
Resort Call Centre has been
awarded a four-year scholarship
to pursue his Bachelors degree
in Bio-Chemistry at Elmira Col-
lege. The former,Deputy Head
Boy and honour student of St

Andrews School hopes to

become a trauma doctor.
Karen Carey, Kerzner Inter-
national’s senior vice-president
of Human Resources said, “We
are just so delighted to have

THE TRIBUNE
















f@ KERZNER sends two young Bahamians to study at Elmira in
New York. Pictured left to right are Beverly Saunders, Kerzner
International’s vice-president of Organisational Development
and Training; Kayshannique Collie, scholarship recipient and
One& Only Ocean Club employee; Renaldo Neely, scholarship
recipient with his mother Paula Neely, an administrative
assistant in Atlantis’ Resort Call Centre, and Karen Carey,
Kerzner International’s senior vice-president of human
resources.



(Photo: Kerzner International)

experience as they possibly can
and come back home and make
a difference in the Bahamas in
their desired career field.”
The recipients were required

selected two outstanding stu-
dents who are deserving of this
award. Kerzner International’s
Elmira Scholarship programme
has been going on for a long

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time and we feel that it is worth-
while and would like to contin-
ue this effort so that the recipi-
ents can return to the Bahamas
and contribute to our country.”
Beverly Saunders, Kerzner
International’s vice-president
of Organisational Development:
and Training, added, “We are
excited to be able to offer this
scholarship. Kerzner Interna-
tional’s interest is in building.
talent and building leaders in
our nation. So whether they
return as employees of Kerzner

‘International or decide to pur-

sue a career field other than
tourism, we strongly. recom-
mend that they get as much

to have attained a 3.0 grade point
average (GPA) upon comple-
tion of high school or two year
associate degree programme.

“T am extremely blessed to
receive this scholarship for my
son Renaldo and really thank
Kerzner International and God
for giving him the opportunity
to further pursue his educa-
tion,” said a teary-eyed Ms
Neely, Renaldo’s mother.

“This is truly a blessing,” said
Kayshannique. “If it wasn’t for
Kerzner International it would

‘have been more of a challenge

for me to obtain a scholarship
that would pay for me to fur-
ther my education.”

sero eseerOaPTRa
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from the factory

‘ Churches, Schools and
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receive a discount.

w Full line of Androsia products - we also special order direct



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Employees
fe Day End Progress Reports

Monthly Reviews of Employees & Production

Organize and Implement Efficent material Storage and Access
Inventory Management & Control

Ordering Materials from Local & Foreign Vendors

Simple Repair and Maintenance to Machinery, and

Overseeing Large Repairs

BENEFITS:

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THE TRIBUNE

THE executive board at the
Ministry of Education, Science
and Technology has welcomed
a new face to their organisation.

The ministry announced that
Owen Bethel has succeeded Dr
Davidson Hepburn, who has
been chairman of the Bahamas
National Commission Board for
the past seven years.

The meeting of the National
Commission opened with a
prayer and welcome by Mr Hal-
dane Chase. Mr Chasc, who
represented Minister of Educa-

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the late Livingstone Coakley."

Mr Chase introduced Mr
Bethel as the incoming chair-
man of the Bahamas National
Commission Board (BNC) for
the United Nations Education-
al, Scientific and Cultural
Organisation (UNESCO).

He praised Bethel for his
accomplishments, and for serv-
ing as the Bahamas represen-
tative to the Executive Board
of UNESCO.

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LOCAL NEWS

Owen Bethel succeeds Dr Hepburn at ministry

He said that UNESCO cele-
brated its 60th anniversary, hav-
ing been launched in the after-
math of World War II.

Helpful

He noted how helpful
UNESCO has been to the
Bahamas. He said it has assisted
the Ministry of Education in
funding to develop the scope of
its human science resources in
the crucial area of HIV/AIDS
education. It has also agreed to
advise the Ministry in increasing
school literacy. _

Chairman Bethel thanked
Mr Chase for his remarks and
said how keen he was to take on
the chairmanship of the
Bahamas National Commission
for UNESCO.

with the Commission and mov-
ing forth with the agenda pro-
posed by the government," he
said. 4

This was followed by a pri-
vate meeting for executive
board members to address its
agenda with the new chairman.

Among the topics discussed
were a proposed institute for
small island developing states, a
draft proposal for reconstruct-
ing the National Commission,
and adoption of the minutes of
the January 19 meeting.

According to Mr Chase, a
UNESCO Reading Room will
be constructed before the end
of this year.

"We hope to expand the
offices of the national Commis-
sion at Ministry Headquarters,
as we seek to serve a wider pub-



lic and embrace a more expand-
ed membership," he said.

BIC gets the
bird for the BHS

INSPECTOR Percy Grant, of The Bahamas Humane Society,
was called to the parking lot at the Fleming Street Clinic on
Thursday as bystanders were concerned about a bird tangled in
string in a tree more than 20 feet above ground.

It was not possible to reach the bird, a “Smooth Billed Ani”,
commonly known as a crow or blackbird, so Inspector Grant
phoned BTC to see if they could help the distressed bird.

Inspector Grant was delighted that not only did BTC respond
immediately by sending one of its elevated platform trucks,
but the truck’s driver, Henry Adderley, was keen. to under-
take the rescue. inspector Grant said: “This man was so kind and
helpful he was:a credit to BTC, to whom we and the bird are
indebted. If it wasn’t for the quick thinking.of Nurse Elza
Behrens, who called us, and the immediate and humane
response of BTC, the bird would have died in agony.

“It is heartening,” he said, “to see individuals take the trou-
ble to really help a suffering animal instead of just walking
by.” ;
The bird had become entangled in a snagged kite string. The
Bahamas Humane Society urges anyone flying a kite to do so in
an open space away from trees and overhead cables not only for
their own safety, but also to show consideration for wildlife.

“Anyone who fishes should not discard fishing line and hooks
as these also cause untold suffering to birds, sea mammals and
other animals,” said Inspector Grant. “Please remember litter
kills animals,” he added.

It was a happy ending as the bird had all remnants of string

"I look forward to working



-removed and apart from shock and bruising it made a full

recovery and was later released.









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43

GENERAL BAHAMIAN COMPANIES LIMITED

- DIVIDEND NOTICE
TO ORDINARY SHAREHOLDERS





We are pleased to advise that a Dividend of $1.50 per,
share shall be paid to Ordinary Shareholders of record
as at 30th June 2005.

The Payment will be made in the usual manner, on ‘2

+ 21st June 2006.

‘Barry Newman
Company Secretary



8. me ae he

‘The survey requires that businesses and institutions provide
the following information:

Number of Employees

Wages and Salaries

Annual Hours Worked
Revenues and Expenditures
Depreciation and Acquisitions

529,000.
“Turbo Diesel

Automatic
Transmission

The information generated from the survey will be used to measure
each sector's contribution to the Gross National Product

of The Bahamas... .

So, if you are involved in the production of goods and services, you

can help contribute to.our national statistics by completing the

Annual Business Establishment Survey questionnaire accurately
and in a timely fashion.

Clarence Bain Building
P. O. BOX N-3904
TELEPHONE: 326-4602/4
WY Ga G20 yo) ey



PAGE 12, MONDAY, JUNE 26, 2006 | THE TRIBUNE ©...

LOCAL NEWS

Minister views
new dock

LONG CAY — Minister of | Gray, Bahamas Agricultural and
Local Government and Consumer Industrial Corporation (BAIC)
Affairs V Alfred Gray and other Consultant Benjamin Rahming,
government and local government _ parliamentary secretary in the Min-
officials viewing the new 45-foot- istry of Finance. and BAIC chair-
long concrete dock on the south man, Michael Halkitis and Family
















side of Long Cay, on June 22. Island Administrator Allison Dele-
Pictured, from left, are Local veaux.
Government and Consumer Affairs (BIS photo: Eric Rose).

Consultant Elton Williamson, Mr







17 residents, :
graduate
from straw ..
training ©
programme. * ;

He
1








COLONEL HILL, Crooked —
Island, The Bahamas — =A
Crooked Island residents and_,
handicraft stakeholders Ais
viewing products made by .-,.
graduates of the Crooked IS
Island Handicraft ‘Straw’ oles
Training Programme atits- °, >
graduation ceremony, on June «° +
22, 2006. The Bahamas eye!
Agricultural and Industrial © °° '
Corporation (BAIC), in hates
conjunction. with The Local «'"'
Government Council, held the.‘
programme in Colonel Hill, © J
where 17 residents graduated
with the knowledge of
manufacturing various ‘straw’
products. :

(BIS photo: Eric Rose)

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THE TRIBUNE





FROM page one

She continued: “After the
minister, comes the permanent
secretary, who is the adminis-
trative head, and then the
Director of Education, who is
the technical/professional head.
In that order, they have respon-
sibility:to the minister, and the
Permanent Secretary is respon-
sible for guiding the minister,
who is in the position for the
time being.

“The director,” continued
Dame Ivy, “ought to have
access to the minister in his or
her capacity as a technical offi-
cer.”

However, in recent years, a
“breakdown” in communication
among the three top adminis-
trators at the agency has seem-
ingly gone unchecked, leading
to what one observer calls a
“crumbling” in the educational
system.

Last week, North Eleuthera
MP Alvin Smith alluded to lead-
ership trouble at the Mimstry:
when he said: "What has hap-
pened under the ministership
of Alfred Sears is that Mr Sears
has chosen to just ignore, for
the most part, the Director of
Education.”

He went on to say: “The
director over the last three-and-
a-half years has not been
involved in the process of
improving the educational sys-
tem because the relationship
between the director and min-
ister has been so strained that it
has impacted, negatively, edu-
cation.”

The Director of Education
has refused to comment on
what some have called a “tug-
of-war,” only saying that since
2003, she has not been as visible

_as in the past.

Therefore, with the person
responsible for the technical and
professional aspect of education
“out” of the picture, the minis-
ter and the permanent secretary
are the top two administrators
at the education agency left with
final decision making powers.

It has been under this admin-
istrative management team that
education seems to remain at a
level that some have described
as “stagnant.”

On occasions when the per-
manent secretary has been
called on by the Minister to
answer questions on behalf of
the agency, the permanent sec-
retary has remained silent,
prompting the Minister on one
occasion to say: “I do not under-
stand why he would not-sit
down and discuss these issues.
He should have all of that infor-

a

3 S
ae

aE

Dame Ivy on
education

mation at his fingertips. Pre-
cisely how and what was used
and what it was used for, he
should be able to discuss all of
that.”

It has been suggested that the
Minister himself has experi-
enced difficulty with the per-
manent secretary when it comes
to the implementation of edu-
cational directives.

One former administration
insider at education said: “The
permanent secretary, properly
utilised, ought not to have his
fingers dipping in the profes-
sional educational side at all.
His is a strictly administrative
role.”

“The Director ought to have
access to the Minister in his or
her capacity as a technical ofti-
cer, and should not have to be in
any ‘way circumscribed or pro-
scribed by the actions and activ-
ities of the permanent secretary.

“The apparent crumbling of
the educational system had to
have been expected because the
exclusion of the director does
not redound to the benefit of
the system.”

_ Ina speech given to the Pri-
mary Principals’ Association
Teacher’s s Appreciation Ban-
quet entitled, “Transforming
Education Through Visionary
Leadership,” Permanent Secre-
tary at the Ministry of Health
and National Insurance Mrs
Elma Garraway said: “It goes
without saying that educators
willing to take a leadership role

in reforming our schools must:

have integrity, good people
skills, and all the organizational
skills needed to manage a large
and growing enterprise ... com-
bined, with a no excuses attitude
when it comes to academics.”
In addition to Mrs Gar-
raway’s suggestions, last week
the Executive Director of the
Chamber of Commerce
weighed in on, among other
things, the leadership role in

education, saying: “We do not

have to study the educational
system anymore. We.are at the
point where we do not need to
do another IDB or national
study on the state of education.
We all know it, as we see it
every day.

“We have spent a quarter of a
billion dollars on education
every year,” the Chamber direc-
tor said. “What it is, is that it

‘just requires leadership. That’s

all it is.”



LOCAL NEWS

FROM page one

tion on the opportunities in the
project in which Bahamian con-
tractors were able to partici-
pate.

He told contractors that in
March this year a “call of inter-
est” was issued to invite trade and
specialty contractors. In addition,
he stated, a “call of interest” was
also open for civil engineering
works in April 2006. These
included more than 100 areas of
specialty; asphalt paving, struc-
tural steel work, well drilling ser-
vices, wood-flooring installation,
shelving, marina construction,
shutter protection and structural
steel work.

Interested businesses were
invited to complete a pre-qualifi-

cation form, and provide a letter

from an insurance company stat-
ing the company’s liability limits,
as well as a letter from a nation-
ally recognized Surety Company
stating the contractor’s available
bonding capacity in The
Bahamas. They were also
required to provide an overview
of information, providing capa-
bilities, manpower, equipment
that would be of particular use to
the project.

“We gave this project exten-
sive promotion in the media,
using every avenue, ensuring that
Bahamian contractors knew of
the opportunities at hand, and
took advantage of them.

“We were pleased with the

response. received from local con-

tractors in New Providence and
the Family Islands. Already, we
have a pre-qualified list of con-
tractors for a number of projects,
including the commercial village,
road works and renovations to
the Radisson Hotel. Additionally,
Baha Mar has awarded more than
85 contracts in the casino and
casino towers in all areas from
plumbing, electrical, tiling, paint-
ing, landscaping and local build-
ing supplies with a focus on part-

nering with small entrepreneurial |

Bahamian companies,” he said.

To date, Baha Mar has spent
$16 million on the improvements
and renovations fot the Radis-
son, Wyndham and Nassau Beach
Hotels.

There will be an additional $80
million allocated for the renova-
tion of the Radisson Hotel. Some
of the renovated features include
$1.4 million spent on information
systems and 150 rooms added to
the Radisson.

Seven million dollars has also
been earmarked for a complete
renovation of the Crystal Palace
Casino in addition to improve-
ments already made to lobbies,
restaurants and meeting rooms.

Mr Sands reiterated Baha
Mar’s economic impact to the
country’s gross domestic product
and jobs that this project will gen-
erate.

“The Bahamas is poised to
become home to the most unique
resort destination in the
Caribbean. It also means that
within its first full year of opera-
tion from December 2010 to 2011,
the resort will contribute nearly
$400 million to GDP, adding 6.5
per cent to the Bahamas’ current
gross domestic product.

“The resort will sustain over

5,000 direct permanent jobs at,

full operation and indirectly gen-
erate another 2,525 jobs within
suppliers and other parts of the
economy for those who have the
drive and initiative to offer first
class, consistent products and ser-
vices to Baha Mar in relevant
areas of operation,” he said.

The $2 billion project will fea-
ture prestigious hotel brands that
are internationally. renowned,
including St. Regis, Sheraton,
Westin, W Hotel and Caesars
Hotel.

The St Regis will offer a five:

star, exclusive experience to Baha
Mar guests. The hotel will fea-
ture 200 rooms, 100 residential
condos, Remede Spa and meeting
space.

Sheraton will create a 700-
room hotel with meeting space
and easy access to shopping, gam-
ing and the beach.

Westin features a 700-room
hotel, centrally located in the
podium, the resort corridor at
Baha Mar, with easy access to
shopping, gaming and the
beach. The hotel will also feature
meeting space and. the
Caribbean’s largest spa.

It promises to bring its con-.

temporary and stylish approach
to Baha Mar. The 200-room hotel
will also include 100 residential
condos, Bliss Spa, fitness centre
and ultra lounges.

Caesars will be a 1,000-room
luxury casino hotel with signature
restaurants and entertainment.
The hotel will also have the
Caribbean’s largest spa, a 100,000
sq. ft. casino, and meeting space.

Nicklaus Design will create a

“new 18-hole Signature Course,

the highest tier of the company’s
design offerings. The course, the
only one of its kind in Nassau,
will be an integral part of Baha
Mar’s phase one develop-
ment. Under the agreement,
Baha Mar may commission Jack
Nicklaus to create additional Sig-
nature courses‘either on-site or
at a convenient off-site location.

MONDAY, JUNE 26, 2006, PAGE 13

FROM page one

They then beat the man, stole cash, a shotgun and a quanti-

ty of shotgun shells.

Inspector Mackey said the culprits tied up the victim using
duct tape and fled the scene in the victim’s red Cherokee SD
839. She said the victim was able to attract the attention of

‘

Baha Mar Businessman robbed ©

two persons passing his home, who assisted him.

The businessman reported the matter to the police at
about 10.50am. He was later taken by ambulance to the

Rand Memorial Hospital for medical attention.

The Police are asking anyone with any information on
the matter to contact police at 911, 352-9774/5, 352-9191, 350-

3016.

edith ae nee Paps taecstea te

PLVa eS, yirae
(242) 393 6073



Public Utilities Commission



PUBLIC CONSULTATION

Proposed Interconnection Guidelines

The Bahamas

The Public Utilities Commission (PUC) hereby invites comments from licensees |
and other interested parties on its public consultation on Proposed Interconnec-
tion Guidelines For The Bahamas.

The goals of this consultation are to:
(a) inform licensees of the PUC’s expectations in relation to interconnection
negotiation, principles to be reflected in interconnection offers to be developed
by the Bahamas Telecommunications Company Ltd. (BTC) and agreements
negotiated between BTC and Other Licensed Operators of voice networks and

systems;

(b) describe the PUC’s approach to resolving interconnection disputes; and

(c) invite comments from licensees and other interested parties on the proposed

guidelines.

The legal and policy framework for.interconnection comprises:
(i) The Telecommunications Act, 1999;
(ii) The Telecommunications Sector Policy (TSP), as amended October 2002;

and

(iii) Licences currently held by the BTC and Systems Resource Group (SRG),
trading as IndiGO Networks.

Copies of this Public Consultation Document may be obtained from the PUC’s
office located in the Agape House at Fourth Terrace, East, Collins Avenue,
Nassau, The Bahamas or downloaded from the PUC’s website at
www.pucbahamas.gov.bs. Written comments shouid be submitted by July 31,

2006 to:



Mr. Barrett Russell, Executive Director

Public Utilities Commission

Nassau, Bahamas.
Telephone 242-322-4437
Fax 242-323-7288

Email: Info@PlicRahamas.gov.bs. .

P. O. Box N-4860, Fourth Terrace, East, Collins Avenur







i€ 14, MONDAY, JUNE 26, 2006







Ceremony for
Sister Mary
Benedict Pratt

SISTER Mary Benedict
Pratt surrounded by her fel-
low sisters during her Instal-
lation to Third Prioress. The
ceremony took place at St
Martin’s Convent on Friday.

(Photos: Onan
Bridgewater)

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One gift, above all others
God gives to us to treasure
One that knows no time, no place
And one gold cannot measure

The precious, poignant tender gift
Of Memory......that will keep
Our dear ones ever in our hearts
Although God gives them sleep

It brings back long remembered things
A song, a word, a smile
And the world's a better place ... because
We had them for awhile!

~Author Unknown~

Maysie quietly left us on June 15, 2005
We love her and sorely miss her.

From her children — Ella, Wesley, Anthony &
Smiley; her grandchildren and numerous family

members and friends.

a

Preval head
for Miami

HATIAN President Rene Preval
speaks during a press conference
moments before embarking on a trip to
the United States and Europe at the inter-
national airport in Port-au-Prince, Haiti,
Sunday, June 25, 2006. Preval will travel
to Miami to attend a Second Annual
Haiti Tourism and Economic Develop-
ment meeting and also to Belgium and
France to meet with government officials.

(AP Photo/Ramon Espinosa)

THE TRIBUNE

















NCE “LARRY” EVERETTE
EVANS

BORN: November 20th, 1961.
DIED: June 19th, 2006

LAW

Lawrence “Larry” Everette Evans, age 44, passed away Monday morning,
19, 2006. Larry was born in Nassau Bahamas on November 22nd
ee emor’s Harbour Primary School in Eleuthera.

























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SECTION



' business@tribunemedia.net



@ TOURISM MINISTER On WILCHCOMBE

\

‘he Tribune —

Miami Herald Business, Stocks, Analysis, Wall Street

Government seeks
Royal Oasis sale
‘within 60 days’

@ By NEIL HARTNELL
Tribune Business Editor



he Government
is still hoping the
Royal Oasis sale
is completed in
“no more than 60
days”, The Tribune was told,
although the US private equity
firm controlling the resort’s
destiny is still playing ‘hard-
ball’ in an effort to wrest more
concessions from the adminis-

‘But host of issues remain to be resolved,

making deadline unlikely

“a potential buyer” of the Roy-
al Oasis in Florida yesterday~
morning to “go over” several

. issues that remained outstand-

ing in relation to the stricken

property’s potential sale. —
‘However, completion of the’

sale. still seems as far away as

tration. ©

- FILE photo)

- Obie Wilchcombe, minister
of tourism, told this newspa-
per that he was meeting with .

ever, with the Government and
Lehman Brothers’ private

equity arm, which is the de fac-
to owner ‘of the Royal Oasis

}

Baha Mar: $205m works to start July 1

BAHA Mar Development Company is
planning to start $205 million worth of
works on its Cable Beach development
project on July 1, kick-starting in earnest a

project that has generated much debate .

among Bahamians as to “whether it will

“happen”.

Robert Sands, Baha Mar’ s vice-presi-
dent of administration and external affairs,
told the Bahamian Contractors Associa-
tion. that the project was moving “full
speed ahead”.

He said: “Beginning July 1, which isa
few days away, we will be starting works

totalling more. than $205 million. These
works will be completed by local contrac-
tors who responded to our call of interest
and have all been pre-qualified.

“We have decided to undertake these

works in phases so that there will be min-

imal disruption to our hotel operations,
and that the jobs of employees at Cable
Beach Resorts will be protected.”

Mr Sands said that in March 2006 a ‘call

of interest’ was issued to invite trade.and
specialist contractors to bid on aspects of
the Cable Beach revamp. A ‘call of inter-
est’ was also open for civil engineering

works in April 2006.

These included more than 100 specialist
areas: asphalt paving, structural steel work,
well-drilling services, wood-flooring instal-
lation, shelving, marina construction, shut-
ter protection and structural steel work.

Interested Bahamian businesses .were
invited to complete a pre-qualification
form, and provide a letter from an insur-
ance company stating company’s liability
limits, as well as a letter from a nationally

SEE page 6B

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via the mortgage it holds on
the property, yet to consum-
mate a deal with either of the
two, remaining bidders.

Mr Wilchcombe told The
Tribune he was confident the

. buyer he was meeting with was

“willing to proceed”, adding:
“We’re hoping that everything

is done in no more than 60 :

days.”

That, ous may be opti-
mistic given the number of out-
standing - and expensive issues
- yet to be settled.

While Lehman Brothers fad
agreed to reimburse the Gov-
ernment with the $5 million it
had paid out to assist former
Royal Oasis employees as sev-
erance pay, Mr Wilchcombe
acknowledged that still to be
decided was who - and how -

‘the sums still owed to the Gov-

ernment, Grand Bahama Port

Authority and private Bahami--

an businesses by the resort
would be settled.

The minister said the total
sum involved was “in the $20
million range”, and that the
Government was attempting
to resolve the issue to the sat-
isfaction of all parties.

Most of the money owed to :

the Government is in casino

‘taxes, which in January. 2005,

amounted to $13 million. A
further $2.7 million at that

point in time was. owed to the

Grand Bahama Port Authori-
ty and its companies, some $2.5
million was owed to the
National Insurance Board
(NIB), and $55,000 to Grand
Bahama-based suppliers.

One of the two bidders still
seeking to purchase the Royal
Oasis is understood to be Har-
court Development, the Irish-
based real estate and property
developer, which is develop-
ing a luxury condominium
complex on-Grand Bahama. It
also owns the Carlisle Bay
Hotel in Antigua.

The identity of the other

SEE page 7B

Land owners urged —
to seek joint ventures

@ By NEIL HARTNELL
Tribune Business Editor



BAHAMIAN land owners

‘should use their holdings to

obtain an equity position in an
investment project rather than
simply just sell-up when
approached by a developer,
the minister of tourism argued,
believing this will aid domestic
ownership of this nation’s
largest industry.

Obie Wilchcombe told the
House of Assembly said
Bahamian landowners needed
to consider joint ventures with
developers and taking equity
positions in their projects, as
this would provide a long-term
source of profits and reduce
the leakage CP tourism dollars

Offering the latest technology for todays: i
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ae

@ By NEIL HARTNELL: ©
Tribune Business ~~
Editor



ISLE of Capri Has:
“accrued” $1.2 million’in
severance payments for
staff at its Our Lucaya casi-
no, having taken a $2.4 mil-
lion impairment hit during:
the 2006 fourth quarter due
to its decision to pull out of .
its Grand Bahama opera-,
tion. =
. In its fourth quarter and-
full-year results statement,
Isle of Capri said it had paid’ ||
a $2.2 million termination. |
fee to its landlord, the
Hutchison Whampoa-
owned Our Lucaya hotel,
as a result of its decision to.
cease operating the resort’s
casino by June 1, 2007, next
year.

Isle of Capri cuteness
employs between 250-280:
staff, and the $1.2 million is:
likely to be shared between:
them if no other operator.
can be found to take over
the casino before June 1,
2007.

Isle of Capri said: cat
‘Isle-Our Lucaya, in con-.
junction with the termina
tion of its lease, the come |
pany paid a $2.2 million fee.

_ to its landlord, which will
be expensed in the first
quarter of fiscal 2007.

“Based on projected cash
flows and government reg-
ulations, we have recorded
an impairment charge of
approximately $2.4 million
and have accrued $1.2 mil-.
lion for severance payments
in the fourth quarter of fis- |
cal 2006.”

Isle of Capri said it had.
the options of either clos-: |
ing the casino or selling it its:
tights and operations to- as
rival operator. However,,
Obie Wilchcombe, minister; |

of tourism, said previously:
that the Government was:

‘confident of finding‘ a:
replacement operator and. |
had been talking to inter-

’

SEE page 9B : |

ts
’

L

£ *

,erees

17,4, 9.9539, 0,4, 4 3,

outside this nation’s economy.

He told the House; of
Assembly during the Budget
debate: “Bahamian landown-
ers who might be tempted by
what appears to be attractive
offers to purchase their land
should consider the option of
joint venturing [as opposed] to
selling, especially if such
options facilitate their retaining
future ownership in the pro-
jéct, regardless of whether it is
a mixed-use development dri-
ven by vacation homes/condo
hotels, marinas/docks condo-
miniums, etc.”

The minister then explained:
“By trading their ownership of

SEE page 4B









sf idehhl phe a eee a a eS a Moy 48
FERPA CPSP EAP CaP RHR BO

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2



PAGE.2B, MONDAY, JUNE 26, 2006



pe ah bebo ere re heoe?

hh ARMAARAAAKS

FEO H HRA

PETERS, ca

“Clearing Banks Association

i By Fidelity Capital
Markets :

eee eae e se

ee

NOTICE

The Central Bank of The Bahamas issued Guidelines on the
Prevention & Detection of Money Laundering for Licensees
(Guidelines) in October 2005. The Guidelines direct ligensees
to complete verification of existing clients by June 30 2006

_ in accordance with section 6(6) of the Financial Transactions
Reporting Act, 2000.

IN a sweltering hot week of
trading in the Bahamian. mar-
ket, more than 111,000 shares
changed hands. The market
saw 12 out of its 20 listed stocks
trade, of which six advanced,
three declined-and three
remained unchanged.

The volume leader for the
week was Commonwealth
Bank (CBL) with 27,683 shares
changing hands and accounting
for 24.8 per cent of the total
shares traded.

The big advancer for the

“week was Abaco Markets
(AML), increasing by $0.34 or
27.20 per cent to close at a new
52-week high of $1.59. On the
down side, Cable Bahamas

Failure to verify your facility may negatively impact the normal
operation of your account/facility..Customers are encouraged
to visit their respective Bank (s) to update unvenned
accounts/facilities on or before June 30"? 2006.

week at $9.21.
The FINDEX advanced by
0.49 points to close the week at

The following documents, in addition to your respective bank’s
verification documentation, are required for updating personal

accounts. 659.73.
: COMPANY NEWS
Official Current Photo for example:
Fidelity Bank

Current Valid Passport; (Bahamas) (BAB) -

Driver’s License;
‘or Voter’s Card

_. FOR the 2006 first quarter,
BAB posted net income of
$476,000, representing an
increase of $19,400 or 4.25 per
cent over the’ $456,000 earned

_in the 2005 first quarter.

Earnings due to sharehold-
ers was $464,000 versus
$449,000 year-over-year. Net
interest income increased by

Verification of Address for example:

Voter’s card;
Utility bill;
National Insurance Card ;or

4 total $1.7 million, while non-
Bank or credit card statement.

interest. income grew by
$174,000 or 27.4 per cent, to
total $808,000.

Operating expenses grew by
$219,000 or 12.9 per cent to
total $1.9 million compared to
$1.7 million for the compara-
ble period last year. Earnings
per share remained constant at
$0.03 year-over-year.

In the case of Corporate/Business accounts/facilities please
contact your nearest Bank for verification requirements.

Bank of The Bahamas Limited
Citibank N.A.
Commonwealth Bank Limited
Fidelity Bank (Bahamas) Limited
FirstCaribbean International Bank (Bahamas) Limited
Scotiabank (Bahamas) Limited
Royal Bank of Canada

FirstCaribbean
International
Bank (Bahamas) (CIB) -

HIKES in the US Fed Rate
continue to have a positive
impact on CIB's interest
income. For. the 2006 second
quarter, total interest income

- stood at $55.4 million, which

www.svitzerwijsmuller.com







ate WWw.wpo.ca
eae
® - :
<4 si FITS is a J/V company, 50/50 owned by SvitzerWijsmuller and South Riding Point Holding Ltd (World Point Terminals Inc.).
oa * FITS operates a fleet of 5 tugs, providing services in Freeport, South Riding Point and at times on neighbouring islands.
os Ee SvitzerWijsmuller has 2,500 employees and a fleet of more than 300 vessels, we provide towage, salvage and related marine
zs 4 services in over 35 countries worldwide, united around our purpose: to provide safety and support at sea. SvitzerWijsmuller
: is part of the A-P. Moller - Maersk Group. World Point Terminals Inc. and its subsidiaries own and operate approximately 21
- million barrels of liquid bulk storage and terminal facilities located in North America, Europe and the Bahamas. South Riding
i Point in Bahamas operates a crude oil storage facility with a total storage capacity of 5.25 million barrels.
Me & es = x i
Matt Freepoint Tug and Towing Services, Ltd (FITS). Freeport, Grand Bahama Island, Bahamas
oa a : : A ; 3 :
*
* bps THE POSITION . likely to retire and within this period the aim is for the
3° ‘ ie “s - The Assistant Operations Manager will assist the Operations. candidate to reach a level where he would be qualified
tata ee Manager in his responsibilities, which include: to potentially take this position or similar positions
a neat + . The day-to- day operations of the company / elsewhere in the SvitzerWijsmuller Group or within
ee Supervision of all tug operations (the Masters report . World Point Terminals Inc. Le
ey to the Operations Manager)
- * Meeting the high SvitzerWijsmuller and South Riding QUALIFICATIONS ;
+ Point Health, Safety, Environmental and Quality Minimum an Associate degree from a College

(preferably Maritime)

Minimum 2 years of operational experience as a senior
officer or ashore in a vessel epetadons department
Tug experience preferable

Good managerial and interpersonal skills, with initiative,
prepared to make a difference in a small operation

Requirements (FTTS is in the process of being ISM
and ISO certified)

Human Resources/Crew Management with an
emphasis on crew education and training

+. - Claims handling and insurance co-ordination
Relations with customers and authorities

_Ad hoc projects, including business development
CONTACT INFORMATION



. . 4 Furthermore, during the first 2 years, the Assistant Application with resume/CV to be sent to: Operations
oe Operations Manager will follow an education program, Manager Capt. Chester Turnquest, Freepoint Tug
ree consisting of both theoretical learning, on-the-job and Towing Services Ltd, #4 Milton Street, P.O. Box
x4 training and training visits to the Regional Head- F-43550, Freeport, Grand Bahama, Bahamas.
Sir quarters of SvitzerWijsmuller Americas in Miami as Tel. +1 242 352 3060. Mob. +1 242 727 0288.
«Fe well as to other locations. The training program will be Email chester.turnquest@svitzerwijsmuller.com.
< based on the starting qualifications of the candidate.
+ ; ‘ With copy to: Regional Operations Manager Carsten
‘ PERSONAL DEVELOPMENT OPPORTUNITIES Nygaard, SvitzerWijsmuller (Caribbean) Ltd, Lennar
‘. For the right candidate, the job offers significant career Corporate Centre, 790 NW 107TH Ave, Suite 400, Miami
et and personal development opportunities. Within the FL 33172, USA. Tel. +1 305 485 2124. Mob. +1 305 322
‘ coming 2-3 years, the present Operations Manager is 8077. Email carsten.nygaard @svitzerwijsmuller.com.
: :
* *





% | SvitzerWijsmuller



(CAB) lost $0.19 to end the’

$179,000 or 11.7 per cent to-

|
"| S&P500
B
1

See

THE TRIBUNE:





BISX

| SYMBOL PRICE

| AML $1.59. $0.34

| BAB $1.49 $0.13
BBL $0.80 $-

| BOB $7.23 $-

| BPF $11.75 $-
BSL $14.00 $-

| BWL $1.43 $0.13

| CAB... $9.21 $-0.19

| CBL $10.80 $0.10
CHL $1:90 | $0.09
CIB. —s- $12.43 $-

| CWCB $5.39 $-0.07
DHS $2.50 $-0.10
FAM $6.24 oe ge
FCC $0.95 $-0.08
FCL. $11.07. $0.07
FIN $11.50 $-
ICD $9.50 $-
ISI, $9.10 $-
KZLB $7.92 - $0.01
PRE $10.00 $-
DIVIDEND/AGM NOTES:

June 21, 2000.

record date June 27, 2006.

date June 30, 2006.



FOREX Rates

CAD$
GBP
EUR

Commodities

Crude Oil
Gold

| DJIA

‘| NASDAQ

Nikkei

| The Bahamian Stock Market
FINDEX 659.24 YTD 19.46%

CLOSING CHANGE VOLUME YTD PRICE

¢ Commonwealth Bank has declared a dividend of $0.12 payable
on June 30, 2006, to all shareholders as at record date June 15, 2006. |
° The Bahamas Property Fund has declared a dividend of $0. 20.
payable on June 30, 2006, to all shareholders as at record date | i

¢ Cable-Bahamas has declared a dividend of $0.06 payable on
June 30, 2006, to all shareholders as at record date June 23, 2006. |
¢ FirstCaribbean International Bank (Bahamas) has declared a |
dividend of $0.25 payable on July 5, 2006, to all shareholders as at |

¢ Benchmark (Bahamas) has declared a special dividend of |
$0.01 payable on July 31, 2006, to all shareholders as at record |

e Consolidated Water Company has declared a dividend of

$0.012 per BDR payable on August 8, 2006, to all BDR share- ||
holders as at record date June 30, 2006. 1 |

International Stock Market Indexes:

CHANGE
27683 117.81% |
5200 35.45% |
0 14.29%
0 3.29% ||
0 12.98%. |
0 9.80%

. 13576 13.49%
1071 -3,56%
10500 18.55%
2174 15.85%
0 14.25%
0 128% |
6000 15.21% «|
24000 2.64%:
11600 ~ -17.39%
7000 10.15%

- 2650 5.50%

0 452% |
0 0.55% |
107 15.62%:

0 0.00%



International Markets — |

Weekly Change
1.1234 -0.11
1.8177 175: 3}
1.2506 1.08
Weekly % Change
$70.85 1.40 |
$583.05 1,09: |
1
ak
Weekly % Change
|
10,989.09 -0.23 |
1,244:50 - -0.56 |
212147 0.40 |
15,124.04 164

ps eee



represents an increase of $10
million or 22 per cent over the
2005 second quarter, while
interest expenses grew by $4.9
million or 33 per cent to total
$19.9 million.

Net interest income was $35.4
million versus $30.3 million
year-over-year. Non-interest
income declined by $2 million

. to total $7.7 million.

Operating expenses grew by:
$1 million to total $15.4 million,
while provision for loan losses
increased marginally to total
$1.7 million.

As at April 30, 2006, total
assets stood at $3.8 billion,
which represents an increase of

,

$433 million or 12.9 per cent
year-over-year. Total loans
grew by.$588 million to total
$2.3 billion, as residential mort-
gages and business loans grew
by $115 million and $416 mil-
lion respectively.

Total deposits also grew by
$374 million or 13 per cent to
total $3.15 billion.

In related news, the Board
of Directors at FirstCaribbean
International Bank (Bahamas)
declared a dividend of
$0.25 payable on July 5, 2006, to
all shareholders as at record
date June 27, 2006. This is a
$0.05 increase in dividends
year-over-year.

2 Way Radio Sales Representative

2. Way Radio Radio
Repair Technician and
Mobile Radio Install

- Excellent oral and written
communication skills are essential as
position requires frequent interaction

with clients;
- Strong analytical skills;
- Knowledge of Microsoft Ward and Excel
applications and Quickbooks
- Ability to work in team concent

Intrested persons should serd resume
with a cover letter ta:

Personnel Department
P.O.Box CB 12385
Nassau, Bahamas







THE TRIBUNE



‘Bahamas Realty jo
Luxury Portfolio F

ns

Property Collectio

BAHAMAS Realty has
qualified and joined Luxury
Portfolio Fine Property Col-
lection, a marketing arm of
Leading Real Estate Compa-
nies of the World. (Leading
RE).

Mario Carey, Bahamas
Realty’s managing partner,
said in a statement: “Leading
RE firms sold over $400 bil-
lion of Collection property in
2005, more than any national
franchise, according to the Col-
lection’s records, including $80
billion in the $t million-plus
range. The organisation report-
ed getting more than 5,000 list-
ings in the over $1 million
range in its first 100 days, far
more, it says, than any. fran-
chise.

“What.we like about work-
ing with companies like the
Institute of Luxury Home
Marketing, Leading Real
Estate Companies of the
World and the Luxury Portfo-
lio Fine Property Collection is
that you are connected with
serious clients interested in lux-
ury destinations, and clients
who want to buy or sell the
world’s most exquisite, elegant,
romantic or rare properties.”

Mr Carey said networking
affiliations were better than
franchises, due to the broader
advertising reach they provid-
ed.

“The opportunities to par-
ticipate in multi-million adver-
tising campaigns in publica-
tions like Town & Country,
Veranda, the Robb Report,
Unique Homes and The Wall
Street Journal allow us to do
more for our clients,” he
added.

Interest in high-end propér-
ties in the Bahamas has never





inventory, etc.

Ardastra Gardens

requires a

Snack Bar Cashier

This is a full time position which requires candidates with
excellent customer service skills. Duties include operating a
cash register, minor food preparation, restocking and taking

Apply in writing ONLY (no phone calls please)

Send resumes to: Ardastra Gardens
“Cashier”

P.O. Box N-4882
Nassau, Bahamas

B MOST EXPENSIVE PENTHOUSE — Today’s high-end market requires real estate brokers



to upgrade market knowledge, skills and networks constantly. With an exclusive listing of a $15 mil-
lion full-floor penthouse at Sunnyside, above, in Lyford Cay, Bahamas Realty believes member-
ship of Leading Real Estate Companies of the World will help it market the property.

been greater, said Mr Carey,
who recently listed a $15 mil-
lion penthouse in Lyford Cay.

“We are speaking about
homes that sell for anywhere

from $1 million to $28 million,”

he said, “numbers that used to
make us wide-eyed in disbe-
lief.

Register For Pre-School,
Kindergarten, & Grade 1-6

Success Academy Offers:

*After School Care & Homework Supervision*
*Tutoring In Math & Language Arts*

*Dance Classes*
Ballet, Modern Dance, Tap, Gymnastics

All Classes In Central Air!!!
(Snacks Available For Purchase)

Location: Rosetta Street
Telephone: 322-2169



“Today, in the Bahamas,
they are-just a real part of the
market so you have to be pre-
pared. The family spending

(Photo: Roland Rose)

millions of dollars for a home
expects more than an incredi-
ble property. They expect
incredible service.”



ne§

iSuccessful applicants must:







MONDAY, JUNE 26, 2006, PAGE 3B

se

Pa ES WT 77

-

_ the #1 newspaper in CRE LU a
pee irae Be ee















Kingsway Academy Teaching Positions for September
2006

Kingsway Academy invites qualified High School
applicants for the follow positions for September 2006.

¢ Dean of Students who is also able to teach up to the
BGCSE Level ,

* Auto Mechanics and Woodwork

¢ Biology :

® English Language and Literature

_ © Food and Nutriton and Needlework
* Music
* Religious Studies and Bible/Christian values

Religious Studies Studies/History






* Be a practicing, committed. born-again Christian

« Have minimum qualifications of Bachelor’s Degree in |
the appropriate subject areas or higher from a
recognized college or university

¢ Have a valid teacher’s certificate or diploma where
appropriate

* Be willing to participate in extra curricular activates,
ete.



Applicants must be made in writing together with full curriculum vitae, a
recent Color photograph and names of at least three references, one being |
that of your Church Pastor to: .

Ms. Kelcine Hamilton :
Academy Affairs Manager 4 ace
P.O. Box N-4378 4
Nassau, Bahamas :

For further information, please contact the Business office

at telephone numbers 324-6269 or 324-6887.
DEADLINE FOR ALL APPLICATIONS IS
MONDAY, JULY 7 2006

a) Ore yen
www. indigonetworks.com °°





PAGE 4B, MONDAY, JUNE 26, 2006

chamber hoping to

‘stimulate’ more private
sector involvement on
international trade talks

possible full membership of the World
Trade Organisation (WTO).

Members







bargaining to achieve the most advanta-
geous position for the Bahamian private
sector. ,

She said that trade and other policy
negotiations should be based on informa-
tion and advice provided by the private
sector.

Among the trade-related issues facing
the Bahamas are the Caribbean Single
Market & Economy (CSME). the Free
Trade Area of the Americas (FTAA) and

THE Bahamas Chamber of Commerce
. is hoping to “stimulate” more private sec-
~ tor involvement and consultation on inter-
national trade talks affecting this nation.

Addressing

~ Addressing the Chamber’s ‘Mix and
Mingle’ event last week, president Tanya
Wiight said that when the Government
ws negotiating trade agreements, it was

‘ per cent of its members small or micro
businesses, needed to help those compa-
nies ensure they felt the benefits from the
economic growth the Bahamas was likely
to enjoy over the next few years.



‘AB! FINDS GIFT SHOP
Week Long Pre-Summer Sale
June 26 through July 8, 2006
50% off
AVM

in our FAB!
Teale) al

Located in the Lyford Cay Shopping Center
Sale hours: LOam-4pm
Monday - Saturday

the longer term as opposed to
FROM page 1B cashing out prematurely.

“In addition, the project will
vices that would yield future
and growing profits that the
landowner or his/her heirs
should seek to participate in.”

Rather than viewing the
tourism industry as primarily
providing employment bene-
fits for Bahamian nationals, Mr
Wilchcombe said this country
needed more of its citizens to
become involved in manage-
ment, then as owners.

’ He added that the Bahamas

the land for an equity position
in the venture, they stand to
share in a much more equi-
table way in the profits over



past policies which, he said,
had caused Bahamians to
invest their savings and land
in small-scale hotels that did
not work.

Mr Wilchcombe said these
properties were often located
in the wrong place, and did not
meet market demands. This
had caused “a near 90 per cent
failure rate” among small
Bahamian-owned hotels.

He added: “Bahamian
investors should be encour-
aged to consider projects that
are, by design, intended to
compete at a world class level
in their competitive set and
abandon the thinking of going
second rate in order to min-
imise their investment or for

3 Bed/ 2 Bath Residence 2,854 sq ft situated on 1.85 acres
Located Queens Highway, Nicholls Town, North Andros.

For conditions of the sale and any other information, please contact:
The Commercial Credit Collection Unit
at: 502-0929 or 356-1608 Nassau, Bahamas

Interested persons should submit offers in writing addressed to: .
The Commercial Credit Collection Unit, P.O. Box N-75 18, Nassau, Bahamas
to reach us before July 215° 2006.





re Centre
WUMALES O

FSOOE

Tots E Edu









Profile:

Kendria Butler
Deputy Head Girl








hara Jervis

: . ristian Smuth
Head Girl






Analyssa

/, Ajani Rolle
Bullard

Deputy Head Boy ©








Jada eo
_ Jones jeft

Cireen
Jarents and Students

Go. Fight Your World

Chad
Lightbourne

Congratulations from Weachers,

BANK AUTOMATION SPECIALIST





Mrs Wright said the Chamber, with 75

likely require basic support ser-

should separate this plan from -

THE TRIBUNE







@ TANYA WRIGHT



“Bahamian investors
should be encouraged
to consider projects
that are, by design,
intended to compete
at a world class level
in their competitive
set and abandon
the thinking of going
second rate in order
to minimise their
investment or for
some other reasons.”

— Obie Wilchcombe

some other reasons.”

Mr Wilchcombe was voicing
his concern that the Bahamas
has the highest leakage rate
from tourist spending in the
Caribbean, with 85 per cent of
every $1 spent by a visitor to
these shores ultimately ending
up being spent outside this
nation.

To reduce this rate, the min-
ister preached Bahamian own-
ership of the tourism industry
and its spin-offs, calling for bet-
ter linkages to be developed
between the hotel sector and

= ) FIDELITY

Bank Automation Specialist

- Bachelors Degree
Key Responsibilities:

- Assist in implementing the bank's automation project
- Liaise with Service Centres to set up scanning process

= Scan days work and documentation from Service Centres
and accounting and operation areas

Knowledge and Skills

7 Attentive to detail
- PC Skills
- Some knowledge of bank processes and functions

- Ability to process high volumes of work accurately and
efficiently

Send resume no later than Friday June 30th, 2006 to:

The Human Resource Wirector

rideiny
51 Frederick Steet
P.O. Box N-4853
Nassau
tf 326, 3000

e-mail: careers@fidelitybahamas,com

(FILE phoio)

iq

[ert Roetochie ace
reese ¢ joint ventures

the private sector. I.

Mr Wilchcombe said that _
while traditional hotels were | "
becoming less attractive invest:
ment models, with visitors, .
switching to vacation ownel-.,
ship - such as timeshares, single ;
family residences and condo
hotels - as opposed to vacation...
rentals in traditional hotel,
rooms, this presented Bahami+ ~
ans with potential oppontuny:
ties.

Apart from dive resorts,
bonefish lodges and eco-_
tourism resorts, Mr Wilch+
combe said opportunities may
also exist in the health and
wellness market, through alter-
native therapy and nursing
homes for the aged: 4

Meanwhile, Mr Wilchcombé
said “critical mass” had to b
created to revive Grand
Bahama’s tourism industry,
with the island needing to dou-
ble its total arrivals base with: .
in five years to reach 1.2 mil
lion.

The minister said a~cassions -
were continuing with tt > major |
cruise lines over the relc»...tion
of Grand Bahama’s cruise =}:"D °
port to the Williamstown area.

The Ministry of Tourism his :
also appointed Kerry Fountain .
as its senior director for Grand
Bahama Island with effect:
from September 1, 2006.



















THE TRIBUNE





BUSINESS

Six Bahamians

in Taste of the



A SIX-strong Bahamian
team will be up against 15
rivals as it battles to win the
Taste of the Caribbean 2006
culinary competition in Mia-
imi this week.

: The Bahamian team, hich
won the bronze medal for
overall team efforts in the 2005
competition, will be contest-
ing a four-day event that
involves the team, menu, pas-
try and bartender categories.

The Bahamas team has
been organised by. the
Bahamas Hotel Association
(BHA), with support from the
Bahamas Culinary Associa-
tion, the Ministry of Tourism,
and the College of The
Bahamas School of Hospitali-
ty and Tourism Studies.

* Members of the team
include: team leader Wayde
Bweeting, Alpheus Ramsey,
evin Cox, Jason McBride,

and Executive Pastry Chef

racey Sweeting. They are
representing the Wyndham
Nassau Resort, Kerzner Inter-
national, Radisson Cable
Beach Resort and Lyford Cay.
. They are joined by Bar-

tender Frederick Cash, Wyn-

dham Nassau Resort.

For 33 years the hotel
industry has supported the
development of Bahamian
chefs.

More than 500 Bahamians
have completed the industry-
backed Apprenticeship Chefs
Programme, which has been a
cooperative undertaking of the
hotel industry, unions, the for-
mer Hotel Training College

and the Ministry of Education,
and with the College of The
Bahamas’ School of Hospital-
ity and Tourism Studies.
Earle Bethell, the BHA’s

president, said: “Over the past |

33 years we have developed a
vast pool of Bahamian culi-
nary talent.
“Today, we are seeing the
fruits of many years labour.
The successful results of

‘recent culinary competitions

internationally and regional-
ly, and the growing Bahami-
an influence on hotel and

restaurant menus, attest to the

_ return on our investments,
with industry’s share estimated

at several million dollars over
the past 33 years.”
The Bahamian team was

. supported by Continental

Connection, Bacardi and
Company, Prime Bahamas,
Nassau Hotel and Restaurant
Supplies, the Ministry of
Tourism, Lyford Cay Club,
Radisson Cable Beach Resort,
Wyndham Nassau Resort and
Kerzner International. ,
Each national team will

Legal Notice

NOTICE

PLYCEM CONSTRUSISTEMAS DE
CENTRO AMERICA S.A.

In Voluntary Liquidation

Notice is hereby given that in accordance with Section 137 (4) of
the International Business Companies Act, No. 45 of 2000,
PLYCEM CONSTRUSISTEMAS DE CENTRO AMERICA
§.A,, is in dissolution, as of JUNE 9th, 2006.

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

LIQUIDATOR





PUBLIC HOSPITALS AUTHORITY

VACANCY NOTICE
RISK MANAGER IL

Princess Margaret Hospital

Applicants are invited from suitably qualified person for the post of Risk Manager II, Princess
Margaret Hospital, Public Hospitals Authority.

Bachelors degree in Healthcare or Business, Administration with a minimum of two years relevant experience,
Proficient-ase of Personal computer Software including presentation graphics and
statistical + Teports. Experience in. health care environment preferred.

; ppticants must possess the following qualifications: -

ET he Risk Manager 11 must be able to plan effectively, organize and direct various activities relating to risk and
B insurance functions, and demonstrate effective communication skills with individuals at all levels of the |
F organization, inclading clinician patients and families.

Job Summary:

The Risk Manager coordinates the hospitals risk management program, i.e., risk detection,
assessment, prevention and appraisal,

Duties:

1. Centralizes the risk program, maintain and coordinates the. administrative activities and
reports relating to both internal and external risks

: Investigates and follow-up of potentially compensable events identified through the
, incident/occurrence reporting system. ‘

Establishes hospital-wide methods to avoid, reduce or minimize risks including reviews

i of risk management data and intradepartmental policies and procedures with department heads

defensibility

Reviews the language of pertinent hospitals policies and procedures to assure their

3. Maintains close liaison and cooperation with Corporate Risk Manager and Legal
Bi

Advisor for the purpose of reporting investigating, analyzing, setting and defending claims.

6. Coniers with all department of the institution including the medical staff as the need
arises to investigate a potential risk situation

Develops and implements and evaluates patient/family complaint

Integrates risk management activities with assurance.

9. Coordinates risk management activities with medical staff, infection control, employee

health, Legal Advisor, Corporate Risk Manager, engineering, nursing, preventive



staff



maintenance, patient representative, etc.

ie” and through review of current literature.

10. Provides ongoing educational sessions and assistance, for relevant risk management issuses. to all levels of

1f, Conducts periodic appraisals of hospital management activities to determine program effectiveness

ee 12. Maintains current knowledge | risk management through attendance at local, regional and national.meeting

(k Letters of application, resume and three (3) references should be submitted, no later than 14th July, 2006 to the Human



‘dale House, West Bay Street.

: resources Director, Public Hospitals Authority, P-O.Box N-8200 or 1st Floor Corporate Office, Docken-

aribbean battle

compete in a ‘live kitchen’
environment, preparing and
serving a three-course meal
for 25 persons in four hours.
.The teams will be required
to design a menu on-site, using
only the ingredients in, their
respective ‘mystery baskets’,
whose contents will not be
revealed until the start of the

competition.

The competition is being

‘held as part of the Caribbean

Hotel Investment Conference
(CHIC), a Caribbean Hotel
Association (CHA) event.









GROUP AUDIT MANAGER



MUST SELL

BEACH FRONT PROPERTY-PALMETTO SHORES MUTT LN

For conditions of the sale and any other information, please contact:
The Commercial Credit Collection Unitat: 502-0929 or 356-1608 Nassau, Bahamas

Bliss
has a vacancy for the position of

GROUP AUDIT MANAGER

e-mail: careers@fidelitybahamas.com

MONDAY, JUNE 26, 2006, PAGE 5B




ok stories behind
Baal) Mags Co Mt [eo / a)
eee

Legal Notice

NOTICE

AMANCO TUBOSISTEMAS DE
CENTRO AMERICA S.A.
In Voluntary Liquidation

4

Notice is hereby given that in accordance with Section 137 (4) of |
the International Business Companies Act, No. 2000, AMANCO
TUBOSISTEMAS DE CENTRO AMERICA S.A., is in |
dissolution, as of June 9, 2006. :
International Liquidator Services Inc. situated at 35A Regent Street,
| P.O. Box 1777, Belize City, Belize is the Liquidator. JP i3Ge ABS
LIQUIDATOR



Lots No. CB-3 (18,800 sq.
ft.) & CB-4 (33,100 sq. ft.)
Palmetto Shores

Subdivision,
South Palmetto Point’

2 Bed 2 Bath, Living Room,
Dinning Room & Kitchen
all in one Gross floor
area 930 sq. ft.

Interested persons should submit offers in writing addressed to: t
The Commercial Credit Collection Unit, P.O. Box N-7518, Nassau, Bahamas to reach us before July 21" 2006.



PROFILE:

@ Relevant graduate or postgraduate degree and/or professional
qualifications e.g. ACCA, CPA, CGA, CFA,

RESPONSIBILITIES INCLUDE:

® Management of the Internal Audit function within all Fidelity Group
operations (Bahamas, Cayman, Turks & Caicos Islands)

@ Liaison with Price WaterhouseCoopers to oversee their internal audit
functions

® Formalization of the nsk management process
® Updating and maintaining the policy and procedural manuals
@ Overseeing the implementation of the disaster recovery plans

© Preparation of business-focused recommendations/reports that
provide clear actions to address control weakness.

CRITICAL SKILLS & KNOWLEDGE:

@ Good level of business awareness and an understanding of
Fidelity’s strategic and tactical goals.

® Specialist expertise in capital markets, asset management, financial |
management, audit and risk management

@ An awareness of general financial services issues including regula-
tory requirements.

@ Reasonable knowledge of core banking processes and banking
functions

@ Strong communication & PC skills
The person will report directly to the Audit, Risk and Compliance Committee.
The successful candidate will be offered a competitive

compensation package including benefits and bonuses
commensurate with his/her experience and performance.

Send resume no later than Friday June 30th, 2006 to:

' The Human Resource Director

Fidelity
51 Frederick Steet
P.O. Box N-4853
Nassau
f: 326.3000




















&

Lees

Te Se

a ee



























THE TRIBUNE

Baha Mar: $205m__

‘
bn

PAGE 6B, MONDAY, JUNE 26, 2006



| COMMONWEALTH OF THE BAHAMAS 2006
| IN THE SUPREME COURT
| Equity Side

CLE/QUI/00474

1 IN THE MATTER of all that piece parcel or lot of
land containing 34,155 square feet situate on the East
side of the Town of Marsh Harbour in the Island of

Abaco one of the Islands of the Commonwealth of

The Bahamas.

© Sy

9

ad

, *
*£



AND
IN THE MATTER of The Quieting Titles Act 1959

AND

| IN THE MATTER of the Petition of Lowell H. Albury and Eleanor

Albury

NOTICE

| To: The heirs of John Wesley Pinder

| The Petition of Lowell H. Albury and Eleanor Albury of the
| Settlement of Marsh Harbour in the island of Abaco one of the
- | Islands of the Commonwealth of The Bahamas in respect of:-



ALL THAT of all that piece parcel or lot of land containing
34,155 square feet situate on the East side of the Town of
Marsh Harbour in the Island of Abaco one of the Islands
of the Commonwealth of The Bahamas bounded
NORTHEASTWARDLY by land the property of the

Estate of Wesley Sawyer and running thereon One hundred |

and forty-six and Seventy hundredths (146.70) feet
SOUTHEASTWARDLY by land now or formerly the
property of John Jackson and running thereon Two

hundred and Twelve and Twenty-three hundredths (212.23) |

feet SOUTHEASTWARDLY partly by a Ten (10) foot
Road Reservation separation the said lot of land from land
now or formerly the property of Donald Lowe and from
land now or formerly the property of the Estate of

Willard H. Sawyer and running thereon jointly One hundred |

and Ninety-five and Four hundredths (195.04) feet and
NORTHWESTWARDLY partly by land said to be the
property of Wally Smith partly by land said to be the
property of Una Bethel and partly by a Six (6) foot Road
Reservation and running thereon jointly One hundred and
Ninety-two and Ninety-seven hundredths (192.97) feet.

. Lowell H. Albury and Eleanor Albury claim to be the owners in fee

| simple in possession of the said land free from encumbrances and |

| has made application to the Supreme Court in the Commonwealth



Language Services
Translators - Interpreters
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~ Starting from July 2nd, 2006









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Adults 6-10 nights $400.00 & 11-15 ni





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Teens**:$ 580.00
Children*: $ 700.00 Teens**:$ 830.00
Teens**:$ 980.00
hts: $ 450.00

For booking and registration call 356-3953

FROM page 1B

recognised Surety Company
stating the contractor’s avail-
able bonding capacity in The
Bahamas. They were also
required to provide an
overview of information pro-
viding capabilities, manpower,
equipment that would be of
particular use to the project.
Mr Sands said: “Already, we
have a pre-qualified list of con-

tractors for a number of pro- ~

jects, including the commer-
cial village, road works and
renovations to the Radisson
Hotel.

Awarded

“Additionally, Baha Mar has

awarded over 85 contracts in

the casino and casino towers
in all areas from plumbing,
electrical, tiling, painting, land-
scaping and local building sup-
plies with a focus on partnering

with small entrepreneurial.

Bahamian companies.”

4

a

ree:

works scheduled |
to start on July :

Sete

spent $16 million on improve-' =

ments and renovations for the” -

Radisson, Wyndham and Nas-:

sau Beach Hotels. iw

Additional

There will be an additional.:.

$80 million allocated for the:

renovation of the Radisson’:

Hotel and its transformation .

into a Sheraton-branded :.

resort. Some of the reriovated

features include $1.4 million |
spent on information systems’ | '
and 150 rooms ‘added to the’ «

Radisson.
Some $7 million has also

plete renovation of the Crystal’

been earmarked for a com-”-

Palace Casino, in addition to.
improvements already made: «:

to lobbies, restaurants and.

_ meeting rooms. wh

“The resort will sustain over

r

5,000 direct permanent jobs at”. '
full operation, and indirectly»:

generate another 2,525 jobs.’
within suppliers and other:
parts of the economy for those’
who have the drive and initia.» °°

4. s

.

tive to offer first class, consis-!:
tent products and services to:
Baha Mar in relevant areas of”










He said Baha Mar had so.far

PUBLIC NOTICE

TO RECIPIENTS OF LONG-TERM BENEATS
AND ASSISTANCES IN NEW PROVIDENCE

Pensioners are reminded that effective July 2006,

_ the National Insurance Board will require all recipients
of Long-Term Benefits and Assistance in New
Providence to have their monthly cheques deposited
directly to their banks accounts.

| of the Bahamas under Section 3 of The Quieting titles Act, 1959 to
| have their title to the said land investigated and the nature and extent
| thereof determined and declared in a Certificate of Title to be granted
| by the Court in accordance with the provisions of the said:Act.

operation,” Mr Sands said.

A plan of the said land may be inspected during normal office
hours in the following places:



(a) The Registry of the Supreme Court in the said City of
Nassau;

(b) The Chambers of McKinney, Bancroft & Hughes,
Mareva House, 4 George Street in the City of Nassau,
Attorneys for the Petitioner; and

(c) The office of the Island Administrator at Marsh Harbour.
Abaco.











your:
news

| 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.

| Noti¢e is hereby given that any persons having dower or a right of
| dower or an Adverse-Claim or a claim not recognized in the Petition
| shall on or before the 4th day of August, 2006 file in the Supreme
‘ Court and serve on the Petitioner or the undersigned a statement of
1’ his claim in the prescribed form, verified by an Affidavit to be filed
‘ therewith. Failure of any such person to file and serve a statement
of his claim on or before the said 4th day of August, 2006 will |
operate as a bar to such claim.

If you have not already made arrangements to have
your cheques deposited to your bank accounts,
you are advised to mmediately visit your nearest
NIB Local Office to avoid any delay or suspension

of payments.

"Dated the 12th day of June, A. D., 2006.

McKINNEY, BANCROFT & HUGHES
Attorneys for the Petitioner
Mareva House
4 George Street
Nassau, Bahamas



@ . @
FirstCaribbean
Career Opportunity
AUDITOR: ot
FirstCaribbean International Bank is the combination of CIBC and Barclays Bank in the Caribbean, Bahamas and
Belize. We are the region’s largest publicly traded bank with over 3,500 staff serving over 5.3 million people in

17 countries. We manage over 700,000 active accounts via 100 retail branches and corporate/international
banking centres.

RESPONSIBILITIES: .

° To carry out audit field-testing of business areas as advised by the Senior Audit Manager with the objective of supporting an
independent assessment of the level of control over risk
(This position includes significant specialist work in the areas of Accounting and Finance)

© To be responsible for detailed audit testing and analysis as well as identifying and prioritising risk and controls and making i
recommendations for. improving controls '

° To undertake audit verification of business actions as it relates to open audit issues and develop specialist knowledge in key chosen

parts of the business

ase 2@eeree - s
eae te tt EEE RI BO RE 28 ee er On te oe ure



» ~ 8RaIn MD

A Super Summer Program
June 19th, 2006 - August 11th, 2006

LANGUAGE ARTS PREREQUISITES
° Ability to assimilate and interpret data from a number of conflicting sources. The ideal candidate should be able to draw
- appropriate conclusions and work without close supervision within tight time constraints

© Strong appreciation of Risk Management and Controls, proficiency in Auditing or investigative techniques, along with general

Ee aN ie knowledge of the industry including regulatory requirements
GAMES © The ideal candidate should be professionally qualified in Auditing, Accounting or Financial Management (e.g. ACCA, CPA, CGA,
FIELDTRIP | CFA etc.) and/or must be a tertiary level graduate in the fields of Accounting or Financial Management
GYMI (ASTICS ($5 per class) We offer an attractively structured compensation and reward package as well as performance bonuses



Applications with detailed résumés should be submitted no later than Friday 7th July, 2006 to:

Judith Nelson

Deputy Director, Audit

FirstCaribbean International Bank

Head Office, Warren

St. Michael, Barbados.

Email: Judith. Nelson@firstcaribbeanbank.com



Only applicants who are short-listed will be contacted.
*REGISTRATION*
Monday - Friday

11:00am - 4:00pm

FIRSTCARIBBEAN

INTERNATIONAL BANK

Location: Rosetta Street.
Telephone: 322-2169

GET THERE. TOGETHER.







THE TRIBUNE



FROM page 1B

potential buyer is a mystery,
with The Tribune understand-
ing that it will pull out of any
deal for the Royal Oasis if its
name becomes public. Specu-
lation, though, has focuséd on
a New York-based private
equity consortium.

It is thought that the Gov-
ernment and Grand Bahama
Port Authority would prefer
Harcourt to buy the Royal
Oasis, given its existing pres-
ence on Grand Bahama.

However, Harcourt’s previ-
ous $30 million offer was low-
er than the $42-$42.5 million
submitted by two other con-
tenders, the Barlow Group and
the mystery bidder. The Bar-
low Group is not in the run-
ning, and is understood to have
lost interest.

While Harcourt is still inter- .

ested in purchasing the resort,
The Tribune understands that
efforts to reach a deal are
being frustrated by Lehman
Brothers’ ‘hardball’ negotiat-
ing tactics.

Knowing that the Govern-
ment is keen for a solution to
the Royal Oasis situation to be
found with. a general election
upcoming, one source told The
Tribune that Lehman Broth-
ers is using issues such as the
need to resolve a class action
lawsuit filed by timeshare own-
‘ers at the Royal Oasis as a way
to wrest more concessions

from the administration.

Mr Wilchcombe confirmed
that the timeshare issue was
one that, also needed to be
resolved. He added: “The hope
is that the company that comes
in to be part of this mixed-use
development and heads up the
timeshare Component will be
able to accommodate the own-
ers to allow them to redeem
their timeshares.

“There is an obligation by
the Royal Oasis to the time-
share owners.’

Wrong

‘There is nothing wrong with
what Lehman Brothers is
doing, as like most private
equity funds it is very good -
and ruthless - at protecting its
interests. It simply wants to
negotiate the best price for the

Royal Oasis, and dispose of.

the asset for the highest
amount of money possible.
Prime Minister Perry
Christie has hinted on-several
occasions that the Government
might have to play its ‘trump

card’ to force the Royal Oasis’s *

sale, namely pulling the prop-
erty’s casino licence, where
much of its remaining value
lies.

However, he has yet to do

so, and Lehman Brothers will -

probably feel confident that
they can keep ‘calling his bluff’.
In addition, while Grand
Bahama Power Company
served a summons demanding
payment on the Royal Oasis

BUSINESS OWNERS:

Call Mark A Tur nquest for:
' eBusiness Loan from Government / Banks
' eBusiness Start-Up / Growth Help
, ¢Marketing / Selling / Accounting Advice
" eManagement & Staff Training
Log on: www.markturnquestconsulting.com

MARK A TURNQUEST & CO LTD.
(242) 326-6748 / (242) 427-3640

She
Abaco Che
Winoing Bar

ABKED, BAHAMAS

Has two (2) vacancies for
Membership Sales Executives:

-Exceptional wriften and verbal communication skills, organization

skills
-Exceptional Telephone skills
-Public speaking preferred

-Ability to demonstrate stcong relationship sales capability
-Ability to interface professionally with all members of staff
-Generation and execution of an annual business plan

-Self generation of buisness through referrals and other personal

contacts

~Exceptional skills in long range guest relaional maintenace
-Use of tracking system for effective follow up andcustomer purchase

sequence
-College degree preferred

Please Send Resumes to:

Attn: HR Director

The Abaco Club on Winding Bay

P.O.. Box AB2057
Mash Harbour, Abaco
or

Fax: 242-367-0077










Amenities Include:

| eResidential & Multifamily Lots

| eGate House & 24Hr Security
eSwimming Pools

| eTennis Courts

eUnderground Utilities

Completely Enclosed

5% Down

: eBANK FINANCING AVAILABLE!

My Gift to You
A FREE

jy West Winds |
ated Community



rn nee
f

another daveloped managed by:
Kings Rea! Estate Lid.

Just TWO weeks |
left before

prices Increase
..act Now!



Gino Maycock ag AGENT
Call Direct at 457-1326

Group of Companies, it has
not followed through by peti-
tioning the Supreme Court to
appoint a receiver/liquidator
for the resort.

Ultimately, no one wants to
be seen as the ‘bad guy’ if such
a move caused the Royal Oasis
to collapse. The two hotel pen-
sion funds also have a court
judgement requiring that a sale
resolves the $4.1 million owed
to them on behalf of resort
employees. o-

Thus the complex nature of —

the negotiations, with the Gov-
ernment, Lehman Brothers,
Port Authority and other par-
ties involved, has acted as a
barrier to a quick sale.

The Prime Minister had pre-
viously said a “dynamic” buyer
had been found for the Royal
Oasis, but has since retreated
from that position by confirm-
ing that two buyers are still in
talks with Lehman Brothers
and the Government.

He confirmed Tribune Busi-
ness’s previous report that no
deal had been sealed, and that
few would believe the Royal
Oasis situation had been
resolved until a deal was for-.

mally announced. In doing so,

he gave the FNM some justifi-
cation for claiming the Gov-
ernment was ‘premature’ in
announcing a solution.

The Tribune understands
that construction companies

who have assessed the Royal

Oasis on behalf of various
potential buyers have indicated
it would take at least nine



Government Roy
Oasis sale ‘within 60 d

months to get the resort into
condition for re-opening. This

means that unless the situation |

is resolved within the next two
to three months. the resort
may not be open before the
next election.

Mr Wwalencombe used his



PUBLIC NOTICE
- FRIDAY CLOSURE OF
ALL NATIONAL INSURANCE OFFICES -

The National Insurance Board wishes to advise
the general
departments/offices throughout The Bahamas,
including the Pay Windows at the Post Offices,
will be closed on Friday, June 30, 2006.

MONDAY, JUNE 26, 2006, PAGE 7B .

Budget address to criticise the
former FNM administration
for allowing Driftwood Hospi-
tality to acquire the Royal
Oasis, saying its business mod-
el was unsuitable for the prop-
erty.

It takes over distressed prop-

public

that





erties, turns them around, aiid
sells them on for a profit.

Lehman Brothers advanced
the funds for Driftwood to
acquire the resort, and by
virtue of the mortgage and
debenture has positioned itself
as preferred creditor.





all of its

= Ae meh ® Ea

~ weyers

a>Arraaneare

AA RLAUDE DD

hae eRe Re SD

woe

waa

The Board’s New Providence offices will re-open
on Monday at the usual time.



Are you looking for a new challenge?

We are currently seeking qualified Managers and Seniors as well as Entry Level candidates to join our Audit practice. — }

Manager and Senior

Successful candidates for the Manager position will have a minimum of six years professional. public accounting

two to four years of work experience in a public accounting firm. The Manager and Senior positions will require the
individual to hold a CPA, CA or other professional designation: recognized by the Bahamas Institute of Chartered

Accountants.

Entry Level

have already done so.



AUDIT # TAX # ADVISORY

£2008. KPMG, 9 Bsharnisn partnership, the Bahamian member fires of RPMG intenationsi) R Swiss caugertive, Al rights sogervedt

i
d
i
experience, two of which will have been at a supervisory level. Candidates for the Senior position will have a pproximately bts
1
y
4
4

Candidates must have obtained the necessary educational Beaumont qualifying them to write the CPA examinations or
KPMG's entry level program provides financial support to write the CPA examinations including travel costs, hotel
accommodations, paid study leave and the costs of revision courses such as the Becker Review. . roa

Excellent opportunities exist in our Nassau and Freeport offices to broaden your professional experience in a varied practice
that offers competitive compensation and benefits packages.

Applicants should submit a cover letter, rasuma, @ “Op spy
to: KPMG, Human Resources. Manager, P.O. Box N423, ‘Nassau, Bahamas or davis







r iP pnateesional certification and a copy of their transcripts if applying for an entry ievel position,
grng.com. bs. i,





Se ees a ra ara os ese ee eee oe aaa Bots te nin ena Aa cenit cre aS oem parent ee socetteicnn cen paste : aa sa : :



Pricing Information As Of:
23 J




















0.20 RND Holdings

{di




1.2367
2.3657
2.2487
ae .1006



S2wk-Hi ~ Highest closing price in last 52 yanks

52wk-Low - Lowest closing price in last 52 weeks
Previous Close - Previous day's weighted price for daily volume
Today's Close - Current day's weighted price for daily volume



13.00 Bahamas Supermarkets

Fund Name
Colina Money Market Fund
Fidelity Bahamas G & | Fund
Colina MSI Preferred Fund
Colina Bond Fund



Colna

Financial Advisors Ltd.

























3€ _Change __Daily Vol. t > Div S case _ Yield i
0.59 Abaco Markets “51 159 “908 11000. 0.019 0.000. N/M O.0O%R’
8.70 Bahamas Property Fund Vi.75 11.75 0.00 i 568 0.380 7.5 3.23
6.35 Bank of Bahamas 7.23 7.23 0.00 0.738 0.330 98 4.56% R
0.70 Benchmark 0.80 0.80 0.00 0.292 0.020 27 2.50%s
1.26 Bahamas Waste 1.43 1.43 0.00 0.143 0.060 10.0 4.20%
1.05 Fidelity Bank 1.49 1.49 0.00 0.188 9.050 7.9 3.88%%
8.00 Cable Bahamas 9.21 9.21 0.00 0.618 0.240 14.9 2.61%
1.39° Colina Holdings 1.90 1.90 0.00 0.067 0.000 NM 0 OO%H'
8.50 Commonwealth Bank 10.80 10.80 0.00 7,579 0.934 0.600 14:6 5. 56%4
4.12 . Consolidated Water BDRs 5.16 5.47 0.01 0.115 0.045 ve 0.87%:
2.10 Doctor's Hospital 2.50 2.50 0.06 0.283 0.000 8.8 CG OO%F'
4.02 Famguard 6.21 6.21 0.00 0.539 0.240 11.5 3 86°48
10.45 Finco 11.50 11.50 0.00 0.745 0.540 15.4 4.7658
8.60 FirstCaribbean 12.43 12.43 0.00 0.885 0.500 14.0 4.97%
8.42 Focol 11.07 11.07 0.00 0.885 0.500 12.5 44
0.95 Freeport Concrete 0.95 0.95 0.00 -0.162 0.000 N/M
9.50 ICD Utilities 9.50 9.50 0.00 0.526 0.405 18.1
8.27 J.S. Johnson 9.10 9.10 0.00 0.565 O:560 16.4
Kerzner inten alone! BDRs a 0.00 0.160 §
0.00 2. O36
52wk-Hi 52wk-Low _lasi Price — Weekiy Vol EPS Ss
- 12.25 Bahamas Supermarkets 14.00 11.00 1.923 Vz :
10.00 Caribbean Crossings (Pref) 10.00 0.000 0.800 NM










0.084








Last 12 Months Div $






2. 78: 564
2.391480""
1.164331****

22.44







Bid $ Buying | price of Colina and Fidelity
Ask $ - Selling price of Colina and fidelity
Last Price - Last traded over-the-counter price
Weekly Vol. - Trading volume of the prior week

*~ 16 June 2006

“*- 31 May 2006

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. Janua

KINGS or email: gino@kingsrealty.com
HK EBL BRI, BREA Certified Since 1996

Change - Change in closing price from day to day

Daily Vol. - Number of total shares traded today

DIV $ - Dividends per share paid in the last 12 months
ae eee divided wae the last 12 month earnings

Appraisal Report!

“Condihons APY]



*** . 30 April 2006





- 31 March 2006



1 1994 teh 100



Y





ea





Z AGE 8B, MONDAY, JUNE 26, 2006

THE TRIBUNE







Legal Notice

NOTICE
_ GUN POINT INVESTMENTS LIMITED

This is to inform the General Public that all that private throughfare
or roadway known as Gun Point situate northeastwards of the
Settlement of Spanish Wells at the northwestern end of the Island
of North Eleuthera will be closed to the public from 6:00 a.m. on
Saturday, 8th July, 2006 to 6:00 a.m. to Sunday, 9th July, 2006 to
protect the right of ownership.

Everette Sands
President





LEGAL NOTICE

NOTICE

EXXONMOBIL EXPLORATION (OFFSHORE
be GRENADA) LIMITED

NOTICE'IS HEREBY GIVEN as follows:

(a) EXXONMOBIL EXPLORATION (OFFSHORE GRENADA)
LIMITED is in dissolution under the provisions of the International
Business Companies Act 2000.

' (b) The dissolution of thé said Company commenced on the 22nd day of
June, 2006 when its Articles of Dissolution were submitted to and
registered by the Registrar General.

(c) The Liquidator of the said Company is K.L. Floyd, of 16945 Northchase
Dr., Houston, Texas 77060, U.S.A.

Dated the 22nd day of June, 2006.

HARRY B. SANDS
LOBOSKY MANAGEMENT CO. LTD.
Attorneys for the above-named Company

LEGAL NOTICE

NOTICE

| EXXONMOBIL KAZAKHSTAN EXPLORATION
EASTERN BASINS LIMITED

| NOTICE IS HEREBY. GIVEN as follows: 5.

(a) EXXONMOBIL KAZAKHSTAN EXPLORATION EASTERN
BASINS LIMITED is in dissolution under the provisions of the International
Business Companies Act 2000.

_(b). The dissolution of the said Company commenced on the 22nd day of
: June, 2006 when its Articles of Dissolution were submitted to and
registered by the Registrar General.

(©) The Liquidator of the said Company is K.L. Floyd, of 16945 Northchase
. Dr, Houston, Texas 77060, U.S.A.

- Dated the 22nd day of June, 2006.

HARRY B. SANDS
LOBOSKY MANAGEMENT CO. LTD.
Attorneys for the above-named Company



LEGAL NOTICE

NOTICE
| EXXON TURKMENISTAN (AMUDARYA) LIMITED

| NOTICE IS HEREBY GIVEN as follows:

) , \
(a) EXXON TURKMENISTAN (AMUDARYA) LIMITED is in dissolution

under the provisions of the International
Business Companies Act 2000.

(b) The dissolution of the said Company commenced on the 22nd day of
June, 2006 when its Articles of Dissolution were submitted to and
registered by the Registrar General.

~ (c) The Liquidator of the said Company is K. L. Floyd, of 16945 Northchase |

Dr., Houston, Texas 77060, U.S.A.

|. Dated the 22nd day of June, 2006.

HARRY B. SANDS
LOBOSKY MANAGEMENT CO. LID. -
Attorneys for the above-named Company

LEGAL NOTICE —

NOTICE

EXXONMOBIL VENEZUELA
PLATAFORMA DELTANA LIMITED

NOTICE IS HEREBY GIVEN as follows:

(a) EXXONMOBIL VENEZUELA PLATAFORMA DELTANA LIMITED
is in dissolution under the provisions of the International
Business Companies Act 2000.

(b) The dissolution of the said Company commenced on the 22nd day of
June, 2006 when its Articles of Dissolution were submitted to and
registered by the Registrar General.

(c) The Ligiidater of the said Company is K.L. Floyd, of 16945 Northchase
Dr., Houston, Texas 77060, U.S.A. :

Dated the 22nd day of June, 2006.

HARRY B. SANDS
LOBOSKY MANAGEMENT CO. LTD.
Attorneys for the above-named Company



Debt commitments

weighing heavily

@ By BARBARA CORREA

c.2006 Los Angeles Daily News



LOS ANGELES — Wondering whether
those weekend shopping sprees, the Tahoe ski
trip and all the extras on that “economy car”
are making your debt load too heavy?

Here’s a simple test: If you earn the medi-
an income for Southern California and have
a car loan, chances are pretty good that you
are in or are near the consumer debt danger
zone.

“Normally, someone should not have more
than 40 percent of their income as debt,” said
Richard Pittman, housing services coordina,
tor at ByDesign Financial Solutions, also
known as Consumer Credit Counselors of
Los Angeles.

Forty percent sounds like a lot, until you
think about it.

“In California, where average annual
income is $50,000, you should not have more
than $20,000 of debt. Unfortunately, that
includes the car,” said Pittman.

Put another way, it’s time to raise the red
flag when monthly debt payments climb
above 20 percent of net income, excluding
rent or mortgage.

“We have people committing 40-45 per-
cent of their income to a home, so they are
well outside acceptable levels” when taking
into account all the other debts they are pay-
ing on, he said. Indeed, many, if not most,
people in Southern California reside within
the debt danger zone.

- And Southlanders are not alone. American
consumer debt - excluding mortgages - surged
to $2.2 trillion in April, about twice as much
as a decade ago, according to the Federal
Reserve. .

Heather Thompson started to suspect that
her debt level was too.high about a year ago,
after she incurred thousands of dollars in

medical expenses. But, thinking her tax .

refund would take care of a lot of the balance,
she didn’t put a tight rein on spending right
away.

“I took my daughter to Chuck E:

Legal Notice

NOTICE

‘EXXONMOBIL KAZAKHSTAN EXPLORATION
EASTERN BASINS LIMITED

Creditors having debts or claims against the above-named
Company are required to send particulars thereof to the undersigned
c/o P.O. Box N-624, Nassau, Bahamas on or before 17th July,
A.D., 2006. In default thereof they will be excluded from the
benefit of any distribution made by the Liquidator.

Dated the 22nd day of June, A.D., 2006.

K.L. Floyd
Liquidator

16945 Northchase Drive
Houston, Texas 77060, U.S.A.

Legal Notice

NOTICE

EXXON TURKMENISTAN
_(AMUDARYA) LIMITED

Creditors having debts or claims against the above-named

- Company are required to send particulars thereof to the undersigned
c/o P.O. Box N-624, Nassau, Bahamas on or before 17th July,

| A.D., 2006. In default thereof they will be excluded from the
‘benefit of any distribution made by the Liquidator.

Dated the 22nd day of June, A.D., 2006.

K. L. Floyd
Liquidator

16945 Northchase Drive
Houston, Texas 77060, U.S.A.

Legal Notice

NOTICE

EXXONMOBIL VENEZUELA PLATAFORMA
DELTANA LIMITED

Creditors having debts or claims against the above-named
Company are required to send particulars thereof to the undersigned

Cheese’s,” said Thompson, an engineer at
Northrop Grumman in El Segundo. “I bought
a laptop. I take a lot of vacations; they are
hugely expensive. I had a party and bought
platters at Costco. It’s not that much, but
when you start spending $30 here and $30
there, it adds up really quickly.”

At one point, Thompson had seven credit
cards and about $40,000 in debt. That’s down
to about $25,000 now. With her income after
taxes and deductions coming in at a little over
$3,000 a month, she’s spending about one-
third of that on payments, which puts her on
the verge of the danger zone. -

Recently, though, she worked out a plan to
put herself back on track. She stopped the
$130-a-week contributions to a 401(k) plan.
She increased her W-2 claims to 5. And then,
last week, she cashed $3,000 out of her retire-
ment savings to use toward debt payments.

Many families set off on a borrowing binge
in recent years as low interest rates allowed
lenders to loosen standards.

- Mortgage

Mortgage payments as a percentage of dis-
posable income topped 11 percent at the end
of last year, a historic high.”

Despite new bankruptcy laws enacted last
fall to make it harder to declare personal
bankruptcy, filings in California jumped more
than 30 percent from 2004 to 2005, the Amer-
ican Bankruptcy Institute reports.

The debt buildup can be blamed largely
on the availability of home loans, and on
homeowners spending in many cases under

the assumption that rates would stay low until .

they could pay them off. Now that they are
rising again, consumers who took out vari-
able-rate loans are getting hit.

“T think they’re going to be shocked, par-
ticularly in the the area of mortgages,” said
Phillip Q. Shrotman, a financial planner in
Long Beach. “If they bought on an
adjustable-rate mortgage, they’ve already
seen at least a 100 percent increase.”

Philip Board, a financial adviser at 1 On 1

Financial in Upland, said he’s hearing the
same concerns.

“J had a gentleman call me yesterday to
ask if he should cash out his retirement to

pay off his home equity line,” he said. “He’s »

been going through the refinancing game and
he’s been having fun and now he can’t sell his
house for what he wants. He makes a fair
amount of money but he spends, too, and
now he’s living paycheck to paycheck.”
Advisers urge clients to convert variable
home loans to fixed, if at all possible. Aside

from that, professionals say the first thing to .
do when there’s too much owed after the , ,

money has come in is to contact the lender,
and then begin keeping tabs on every |
expense, no matter how tiny it seems.

“T have them track expenses for a month,
including Starbucks, vending machines, every-

thing that leaves their hand,” said Ann Lan- ~

der, a certified financial planner in Signal

Hill who also teaches a financial strategies |:

course for women for the Long Beach Parks:
& Recreation Department.

“Spending patterns come out that they
weren’t even aware of and sometimes that’ S
enough.”

bey

It’s not just frivolous spending that has put. a

a lot of consumers into the debt danger zone.

. Less medical insurance coverage is forcing

more people to pay for doctor visits with plas-
tic.

“We’re seeing more people with no health ‘
insurance putting medical expenses on cred-
it cards,” said Percy Bolton, a financial plan-
ner in Pasadena. “I'm getting calls about com-
panies that have eliminated their medical
care or they have higher deductibles.

“With the price of gas as well, we see more
of a tightening. I have clients thinking about
leaving L.A.”

Indeed, getting into debt is the easy part,
especially when credit is as easy to get as it has
been. Getting out is the hard part, and there
isn’t much optimism about how consumers
are going to do that.

“T think yow’re going to see more people in
debt,” said Lander.

Legal Notice

NOTICE

EXXONMOBIL EXPLORATION (OFFSHORE
GRENADA) LIMITED

Creditors having debts or claims against the above-named
Company are required to send particulars thereof to the undersigned
c/o P.O. Box N-624, Nassau, Bahamas on or before 17th July,
A.D., 2006. In défault thereof they will be excluded from the
benefit of any distribution made by the Liquidator.

Dated the 22nd day of June, A.D., 2006.

K.L. Floyd .
Liquidator

16945 Northchase Drive
Houston, Texas 77060, U.S.A. .

- Legal Notice

NOTICE.

EXXONMOBIL AZERBAIJAN (CENTRAL
SOUTH CASPIAN SEA) LIMITED

Creditors having debts or claims against the above-named
Company are required to send particulars thereof to the undersigned
c/o P.O. Box N-624, Nassau, Bahamas on or before 17th July,
A.D., 2006. In default thereof they will be excluded from the
benefit of any distribution made by the Liquidator.

Dated the 22nd day of June, A.D., 2006.

K.L. Floyd
Liquidator

16945 Northchase Drive
Houston, Texas 77060, U.S.A.

LEGAL NOTICE

NOTICE

EXXONMOBIL AZERBAIJAN (CENTRAL SOUTH

CASPIAN SEA) LIMITED

NOTICE IS HEREBY GIVEN as follows:

c/o P.O. Box N-624, Nassau, Bahamas on or before 17th July;

A.D.,

Dated the 22nd day of June, A.D., 2006.

K. L. Floyd
Liquidator

16945 Northchase Drive
Houston, Texas 77060, U.S.A.

2006. In default thereof they will be excluded from the
benefit of any distribution made by the Liquidator.

(a) EXXONMOBIL AZERBAIJAN (CENTRAL SOUTH CASPIAN SEA)
LIMITED is in dissolution under the provisions of the International
Business Companies Act 2000.

- (b) The dissolution of the said Company commenced on the 22nd day of
June, 2006 when its Articles of Dissolution were submitted to and
registered by the Registrar General.

(c) The Liquidator of the said Company is K.L. Floyd, of 16945 Northchase
Dr., Houston, Texas 77060, U.S.A.

Dated the 22nd day of June, 2006.

HARRY B. SANDS

LOBOSKY MANAGEMENT CO. LTD.

Attorneys for the above-named Company



SEU he

eee ene

ms et

SEO MR A MR MR Om CRE oR Oana oy



THE TRIBUNE

MONDAY, JUNE 26, 2006, PAGE 9B





Casino lines up $1.2m
in severance pay —

FROM page 1B

ested parties, in a bid to pre-
vent the casino employees
from becoming unemployed.
The company had said pre-
viously that it was withdraw-
ing from Grand Bahama
because it wanted to focus on
its core operations in the US.
For the 2006 fourth quarter,
Isle of Capri saw net revenues
for its Our Lucaya casino fall
by almost $2 million compared
to the same period in 2005,
dropping to $7.414 million
compared to $9.381 million.
The Isle of Capri attributed
this decline to the fact that it
received $2 million from busi-
ness interruption insurance
proceeds in the 2005 fourth
quarter. The insurance claim
was related to the 2004 hurri-

















Co

Arner Bank & Trust
(Bahamas)Ltd.

We advise that the offices of
Arner Bank & Trust
| (Bahamas)Ltd. has relocated to-
suite 2, building 2 Caves Village
effective 26th June 2006.

Please note our new contact details:.
Tel: 327-6594
Fax:327-6584

PROGRESSIVE SERVICE ORIENTED
COMPANY LOOKING FOR A FEW
GOOD PEOPLE -

DIESEL MECHANICS |

Prior experience on repairs to heavy
trucks advantageous. Top wages and
incentive program. Uniforms furnished
after probationary period. .

Please come by and fill out an application,
_ or give us a Call at:

328-2463

Bahamas Mack Truck Sales Ltd.
P.O.Box N-44 |

cane season.

In addition, for the three
months to April 30, 2006,
adjusted operating income for
the Isle-Our Lucaya casino fell
to $1.233 million or a 16.6 per
cent margin, compared to
$3.838 million or 40.9 per cent
margin in fiscal 2005.

For the 2006 full-year, Isle-
Our Lucaya saw its net rev-
enues rise by 8.6 per cent to
$25.3-million, compared to
$23.3 million.

Adjusted operating income
for the Grand Bahama casino
rose to $2.523 million and a 10
per cent margin, compared to

last year’s $573,000 loss and -

negative 2.5 per tent margin.
Both the fourth quarter and
full-year results for Isle-Our
Lucaya were boosted by a one-
time positive $3.642 million
valuation charge, which
reversed a $2.675 million oper-







WInoING Bay
NEAL BAHAMAS

Has two (1) vacancies for
Sales & Marketing Project Director:

-Responsible for onsite coordination of sales, sales administration and

marketing. >

-Achievement of targeted sales volume and maintaining inventory.
-Develop future(MVCE experience preferred) managers and implement

self developed program

.

-Implementation of tour efficiency and building of strong team values

-Forecast and budget annual sales targets.

-Ensure communication, between personnel and others

-Strong leadership skills

-Minimum 5 years marketing vacation ownership

-Minimum 5 years marketing in management of sales, marketing and /or
administration

-College degree preferred, but not required.

Please Send Resumes to:

Attn: HR Director

the Abaco Club on Winding Bay

P.O. Box AB2057
Mash Harbour, Abaco
or

Fax: 242-367-0077

~~



ating loss in the three months
to April 30, 2006, into an oper-
ating profit.

For the full year 2006, prior
to that charge the Isle-Our
Lucaya recorded an operating
loss of $2.646 million.

The valuation charge helped
to convert this into a $2.523
million profit.

Isle of Capri’s. Grand
Bahama experience has not
been a happy one. It has been
beset with difficulties from the
get-go, not least the fact that. it
took a year for the Govern-
ment to approve their arrival,
even though the deal with the
Grand Bahama Port Authori-








responsible for

- NOTICE

NOTICE is hereby given that DONALD JEAN - PIERRE, OUTLAW
LANE, FOREST VIEW APT#4, P.O. BOX F-60110, FREEPORT,
GRAND BAHAMA, BAHAMAS, is applying to the Minister
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 19TH day of JUNE,
2006 to the Minister responsible for Nationality and Citizenship,
P.O.Box N- 7147, Nassau, Bahamas.

ty and Our Lucaya had already

been done. 5
Initially designed as a desti-

nation to reward Isle of Capri’s

regular players at its US casi-

nos, the company also changed
its objectives for the Our
Lucaya casino to the point
where it wanted to earn a prof-
it. :
Staffing levels at the casino
were downsized by some 45

employees last year, indicating .

the operation was facing finan-
cial difficulties.

Isle of Capri then sought fur-
ther incentives from the Gov-
ernment, including $5 million
in marketing support and a



NOTICE

- IN THE ESTATE OF WILLIAM T. PASCOE, Ill
Late of Orange County, California Deceased

a

NOTICE is hereby given that all persons having
any claim or demand against the above Estate are
required to send the same duty certified in writing to
the undersigned on or before the 30th August 2006,
‘after which date the Trustee will proceed to distribute
the assets having regard only to the claims of which
they shall then have had notice.

AND NOTICE is hereby given that all persons
indebted to the said Estate are requested to make full
settlement on or before the date hereinbefore mentioned.

SARAH LEE PASCOE
Trustee of the Estate
Orange County, California
c/o ALEXIOU, KNOWLES & CO.
P.O. Box AB 20115
Marsh Harbour, Abaco
THE BAHAMAS

Bahamas Hot Mix Co., Ltd
Tel (242) 377-6351 « Fax (242) 377-2193
Nassau, Bahamas

P

ITI
AVAILABLE

Bahamas Hot Mix Co., Ltd is a road construction
company offering competitive hourly rates. We
have the following positions available for

immediate occupation:

Motor grader drivers

Dozer operators

Backhoe operators

Site supervisors with experience in road

construction

Entry level accounting staff

Purchasing clerk.

Interested persons should send their resumes to

the attention of:

The Human Resources Manager
P. O. Box CB-10990

email: laurianbah@yahoo.com,
or fax to 377-2193



reduction in the casino win tax
rate from 17 per cent to 9 per
cent. It was unclear, though, if
these were ever granted.
Many believe that Grand
Bahama lacks the critical visi-
tor mass to sustain a casino,







IN THE SUPREME COURT

Of The Bahamas

May, A.D. 2006.

(24.60) feet.

that Act.

Bahamas.

be filed therewith.

such claim.

COMMONWEALTH OF THE BAHAMAS
Common Law and Equity Division

IN THE MATTER OF ALL THAT piece parcel or lot of
land comprising 2,502 square feet and situate at the
northern side of Rodger’s Corner and.the western side

of Baillou Hill Road in the city of Nassau in the Island of
New Providence, one of the Islands of The Commonwealth

j AND

IN THE MATTER of the Quieting Titles Act of 1959
7 AND ee

IN THE MATTER of the Petition of Benjamin John

NOTICE OF PETITION
Pursuant to an Order of The Supreme Court dated the 3rd day of

The Petition of Benjamin John of Cowpen Road, in the
Southern District of New Providence one of the Islands of The
Commonwealth Of The Bahamas showeth in respect of:

ALL THAT piece parcel or lot of land comprising
2,502 square feet and situate on the northern
side of Rodger’s Corner and the western side of
Baillou Hill Road in the City of Nassau, New
Providence one of the Islands of The
Commonwealth Of The Bahamas and bounded
on the north by land the property of Barbara
Campbell and running thereon One Hundred and
Two and Twenty-eight hundredth (102.28) feet
and on the east by Baillou Hill Road and running
thereon Twenty Four and Sixty hundredth (24.60)
feet and on the south by Rodger’s Corner and
running thereon One Hundred and One and
Twenty-two hundredth (101.22) feet and on the
west by land the property of Eloise Russell and
running thereon Twenty Four and Sixty hundredth

Copies of the Plan showing the position boundaries shape
marks and dimensions of the said piece of land may be inspected
during normal office hours at the following places:

(a) The Registry of The Supreme Court, 2nd Floor,
Ansbacher Building, East Street North, Nassau,

(b) The Chambers of Joseph C. Lédée, Suite No. 6,
Grosvenor Close, Shirley Street, Nassau, Bahamas.

Notice is hereby given that any person having Dower or '
right to Dower or an Adverse Claim not recognized in the Petition
shall on or before the expiration of Thirty (30) days after the final
publication of these presents file at the said Registry of The Supreme
Court, and serve on the Petitioner or on the undersigned a Statement
of his/her Claim in the prescribed form verified by an Affidavit to

especially with the Royal Oasis
still being closed. In addition,
Isle of Capri is effectively a
second-tier brand, and a first-
tier brand is seen as critical to
kick-starting gaming on the
island.



2006
CLE/qui/No. 00320






The Petitioner, Benjamin John, herein claims to be the
owner in fee simple in possession of the said piece of 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 piece of land investigated and the nature
and extent thereof determined and declared in a Certificate Of Title
to be granted by the Court in accordance with the provisions of



Failure of any such person to file and serve a Statement
of his/her Claim on or before the expiration of Thirty (30) days after
the final publication of these presents shall operate as a bar to

JOSEPH C. LEDEE, ESQ.
Chambers

Suite No. 6, Grosvenor Close
Shirley Street

Nassau, Bahamas.

Attorney for the Petitioner







wares

PAGE 10B, MONDAY, JUNE 26, 2006

SPORTS

TRIBUNE SPORTS



Fountain comes within

one win of qualification

@ TENNIS

WITH five Bahamians
already entered in the main
draw of the boys 18’s of the
Security & General Interna-
tional Junior championships,
J.J. Fountain was attempt-
ing to make six during play
in the qualifying rounds of
the tournament. Fountain,
coming off a strong showing
in the BLTA Junior Nation-
als last week, came within
one win of advancing to the
main draw.

When qualifying play got
underway Saturday morning,
Fountain was in no way
intimidated by the slew of

international players and

their coaches. He showed
fine form in his first round
match when he went up
against Cole Conrad of the
United States. After drop-

ping the first set 6-1, Foun-

tain came storming back to
take the next two for a three
set win, 1-6, 6-4, 6-2.

With just four spots up for



B JJ FOUNTAIN

day’s matches were set with

Fountain taking on another
. American in Will Parker.

Parker however was a bit too
much for Fountain this day
as he disposed of him in
straight sets, 6-1, 6-3.

- ed number one in the boys

Adderley is seeded no.1

For the first. time in the
history of our stint of host-
ing the ITF International
Junior Tennis Tourna-
ment, a Bahamian is seed-

18’s. Jammal Adderley,
currently the Bahamas’
number one junior player,
has had a tremendous year
thus far and is expected to
continue his fine piay dur-
ing the Security & Gener-
al ITF Junior Internation-
al Junior Championships.
While being ranked
number one in the
Bahamas, Adderley is con-
sidered one of the top
players in the region after
capturing two wins this
year on the ITF circuit.
Being seeded one in this
event is huge for'the Bahamas and it really
sets a precedence that will certainly moti-
vate our up-and-coming future stars.
Players from over 30 countries are
entered in the tourney in boys and girls 18’



lm JAMMAL ADDERLEY

and 14’s divisions. Other
Bahamian players entered in
the main draw are Rodney
Carey out Grand Bahama,
Jason Rolle and Justin
Lunn.

There will also be a strong
contingent on the girls side as
well with Kerry Cartwright
and Kalotina Klanori headlin-
ing that field. Other players
will include Elanqua Griffin,
Rashida Robinson and Autice
Mortimor.

Young Johnathon Taylor is
expected to head the group of
boys 14’s who will be show-
casing their talents this week
after capturing the Boys 14’s
title during the BLTA Junior
Nationals.last week. Taylor
has been playing extremely
well and that play is expected
to continue. Other strong competitors
include Kevin Major and Ondre Cargill.
On the girls side, Danielle Thompson and
Gabrielle Moxey are expected have strong
showings.

grabs in the main draw, Sun-

Jameica on course



7

for golfing success

= GOLF
By BRENT STUBBS
Senior Sports Reporter



JAMEICA Duneombe was: once=

the country’s promising young ama-
teur golfer.

Now a college graduate, 23-year-
old daughter is juggling her time with
work at the Ministry of Tourism and
a fledging professional golfing career
in the United States.

Based on Fort Lauderdale, Flori-
da, Duncombe turned pro in Novem-
ber, but she’s yet to make the cut on
the Ladies Professional Golf Associ-
ation’s tour.

Instead, she finds herself playing
in a lot more Futures Tournaments in
a bid to try and eventually qualify for
the big league in the LPGA.

“J played in my qualifier in Novem-.
ber and it didn’t go so well. I guess I
was nervous playing for the first
time,” she lamented. “But it was.a
good experience.

“It’s a different ball game‘ because
you’re now actually playing for some-
thing and, if you don’t make the cut,
you lose money because you have to
pay about $800 to play i in a tourna-
ment and other expenses.”

Since missing the cut, Duncombe
managed to play in one Futures Tour-
nament in Texas, but it was only five
hours before it statted that she was
informed that she was entered.

“T still went out and gained some
iournament experience,” she reflect-
ed. “But I think that’s the only thing
I’m lacking, some experience.

Strong

“I’m playing extremely well, but
you need a lot of tournaments to get
tournament ready and to be strong
to compete against these girls because
they are not shooting like they were
when I was growing up.”

Unlike when she was on top of her
game as a junior amateur player,
Duncombe said the 12-14 year olds
are shooting much better at 6-7
under-par 65s and making the pro
circuit and Futures Tournaments.

In preparation for the future, Dun-
combe is being trained by her father,
legendary pro golfer Jim Duncombe,
who is also based Fort Lauderdale.

“J play in leagues on the weekend,
but we also play for money and like
my father always used to say, ‘you’re
playing for your own.’ So I try to stay
as competitive as I can,” Duncombe
stated.

Even though she has to devote a
lot of her time working as the golf
director with the Ministry of Touris-
m’s Golf Programme, Duncombe said
her goal is to make it to the LPGA.

“Golf is a very expensive game and
to play in these events, you have to
pay between $400-800 and there are
other expenses,” Duncombe pointed
out.

“Right now that’s the thing I’m
missing, the financial aspect to play in
the events. I’m limited to what I can
do. Here and there you get some

-will attempt to secure her pro card

- organise the four-man best ball for-

expenses, but I always have a job. So —
right now, I’m hoping that things will
change.”

In November, Duncombe said she

on the LPGA again, but if she does-
n’t, she will continue to play on the
Futures Tour.

“They consider the Futures Tour
as your training ground for the LPGA
tour, so I just hope to continue to
play there until I get my big break.”

Here on a break from the tour,
Duncombe is working with the Min-
istry of Tourism at the National Bas-
ketball Association Players Associa-
tion’s meeting this week.

She will have the opportunity to

mat for the players on Wednesday

morning at the Radisson Cable Beach
Golf Club.

@ JAMEICA DUNCOMBE

















@ TRACK AND FIELD
By KELSIE JOHNSON
Junior Sports Reporter





TRACEY Morrison has completed her first colle-
giate season and has returned home to show off her
new javelin skills.

Competing at both the senior and junior nationals,
Morrison describes. her performance at the Bahamas
Association of Athletic Associations (BAAA) junior
championship one of her best.

The young junior athlete, who is looking to qualify for
both the junior CAC games and the World Champi-
onships took the event with a throw of 43.26m.

In the shot putt she recorded a throw of 13.72m for the
top prize as well.

She said: "It feels great to win, but I like when Lavern
(Eve) is there, it pushes me to do better in the event. At
least when she i is there is gives me a mark or something
to go after.

"When I am out there by myself it sometimes feels like



you are raising funds for a good cause,

won an award.

Tracey stars in
javelin, shot putt

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pratice even though I want to go further the competition
isn't there to push me like I want it to."

Morrison is the reigning gold medallist. from this
year's Carifta games in.the javelin.

In the men's javelin, Livingstone Brown turned in a
stellar performance with a throw of 57.18m, he was fol-
lowed by Lesean Pickstock with a throw of 38.82m and
Lavardo Sands with 33.00m.

Brown also took the under 20 boys discus event with
a throw of 37.80m, in second was Pickstock with 31.26m
and Sands with 29.99m.

In the under 17 girls shot putt, Jennie Jacques walked
away with the national title with a throw of 12.30m,
finishing in second was Alexis Belle 10.35, in third was
Julianna Duncanson with 9.83m.

Jacques also secured a double victory with a win in the
discus event with a throw of 30.78m, Duncanson was sec-
ond with 29.02m.

Colin Christie was the sole competitor in the
boys shot putt, he finished up with a best throw of
11.47m.






Wilson on
top in clash

of junior high’

jumpers

@ TRACK AND FIELD
By KELSIE JOHNSON
Junior Sports Reporter

THE head-to-head clash
between junior high jumpers.
Jamal Wilson and Kyle Grant,
hasn't been seen since the Carif- *~
ta Games, held in April of this

year, so on Saturday the under -,
20 boys high jump became one . |

of the main events.
Wilson and Grant, who ‘fin
ished up with the gold and silver -

medals respectively at the Carif-. -,

ta Games, were out to prove for’ -
the last time who is the best: .<.

high jumper on the junior level: '

,

But the duo had to add colle- «

giate Jamal Strachan into’the

pit.

At the end of the day. Wilson:
walked away with the junior
national title with a clearance
of 2.03m, Strachan wound up

batch, as things heated up at the |

in the second spot due to fewer , -
knockdowns with 1.98m, Grant *

also cleared 1.98m.

Carifta gold medallist Ray-
mond Higgs captured the title in
the junior.boys division with a
clearance of 1.92m, he was-fol-
lowed by J'Evante Deveaux,
who sailed to 1.70m.

Higgs would also take: the: :

long jump event with a leap of
6. 99m, in second was Anjoun’—
Armaly with a jump of 6.72im' -
and Rashad Moxey was third
in 6.60m. '
Lamar Delancey won'the'’
senior boys triple jump event
with 15.14m, Rudon Bastian _

was second with 15.00m while

Ramon Adderley was third with.
14.22m. 2

him the incentive to, not only
get the Sixers back into, the.

playoffs, but to challenge’ for: a

the championship as well.

“I really thought Dallas.
would have won it after
won the first two at home, but.
Miami found their weakness
and they took advantage of it,”
he said. “It was tough for Dallas
to stop them.”

Mutombo, heading into his
18th season in the NBA, is here
for his third appearance at the

‘NBAPA meeting. But this time,

Mutombo said he’s looking for-
ward to spending more time.
with his wife and three children. -
As for the meeting, the 7:2.
centre who just finished his'sec- ;
ond season with the Rockets,
said he’s excited about the agen: : .
da, which includes providing the. «
necessary tools for the players: =
to enjoy themselves after pee
are finished playing. 4
Mutombo, the shot blosker:

‘who started playing with’ the: -

Denver Nuggets and enjoyed a
stint with the Atlanta Hanke



76ers, New Jersey Nets and.

New York Knicks, said he’s.
leaning towards retirement at
the end of next season. eh
But he will make a final deci-_-
sion as the season progresses.
On. the NBA finals,

Mutombo said he attended the. °

games and he was disappointed. -
that the Mavericks let their: :
opportunity to win the title slip.”

away after taking a 2-0 lead at. 4

home.

‘

mi Heat because they havé .

some players who have beén. :
playing in this league for a long: «
time and they really wanted to: :
win the title more than the.’
Mavericks players,” he added.
Ratliff, a regular visitor to the.

Bahamas over the course of-his-° +

11 years in the league, said he’s
really looking forward to “tak-
ing care of our NBA business
and making sure that everybody, -
is on the same page.’

The 6-10 centre/forward, who

“But I’m happy for the Mia: oo

e

started with Detroit before. °.

playing for Philadelphia,
Atlanta and Portland where: .
he’s been for the past three sea:
sons, said his only goal is to try.
and get better, not just as a play-
er, but with the Trailblazers. °

On the finals, Ratliff said-it: °:

Was

“very entertaining. It. -.

NBA ee

FROM page one... :

4
'
‘
‘
yk
ae
4
4

brought back memories of the

days of Larry Bird and Magic
Johnson. I enjoyed it.”

On Wednesday, t the players~_
will participate in a golf tour=~-
nament, starting at 8am at’the*-
Radisson Cable Beach Golf>:
Club in a four-man best ball fore: :
mat. mS

“ ‘Everyone wants to play \ with
the pro,” said Duncombe, who-*
hopes to know exactly wha she:
will:team up when the draw is,
held on Tuesday night. “I’m just» °
waiting to see who comes. I’m:
looking for a high handicap-
per.”

erm



TRIBUNE SPORTS ‘ MONDAY, JUNE 26, 2006, PAGE 11B

first innings
low on not enforced —






















































.













‘CRICKET
; BASSETERRE, ST. Kitts
Associated Press

THE West Indies secured a first
innings lead of 219 over India on Sun-
day, but captain Brian Lara refused to

_enforce-the follow on in the third Digi-
cel crieket Test on day four at Warner
Park-~'..

India, staring at the home team's for-
midable first innings total of 581, was
bowled:out for 362 on the stroke of tea.

VVS. Laxman topscored with an even
century, while Anil Kumble (43) and
Harbhajan Singh (38 not out) boosted
the lower order.

Jerome Taylor, who ripped through
India's middle order in the morning ses-
sion, took three for 118. Corey Colly-
more claimed three for 63 and Dwayne
Bravo grabbed two for 38.

Pedro Collins chipped in with two for
117 before he left the field with an
injury towards the end of the Indian
innings. ‘

Laxman struck 15 fours in his 10th
test century before he was seventh out
as he edged Collins to the wicket-keep-
er. The right-hander faced 231 balls in
just over six hours.

The West Indies sensed a bigger lead
at 315,for nine but a last wicket stand of
47 between Harbhajan and Munaf Patel
(12) frustrated them.

The. pair resisted for 71 minutes
before Bravo ended Patel's knock with
a catch to gully. E

woo
ae

a INDIA'S batsman Mahendra Dhoni,
centéx; hits a boundary against the West
Indies on the fourth day of the third crick-
et test match at Warner Park in Bas-
seterre, St. Kitts Sunday, June 25, 2006.
a (AP Photo/Lynne Sladky)











m SOCCER
NUREMBERG, Germany
Associated Press

THE World Cup turned ugly Sunday
as Portugal, down to nine men in a game
of brutal fouls, held off the Netherlands
1-0 and staggered into the quarterfinals.

Both sides were guilty. Pushing, shov-
ing and theatrics led to a record-tying 16
yellow cards — and desperate attacking
by the Dutch, also down to nine men, in
the final moments.

The Portuguese might have survived,
but when they play England on Satur-
day in Gelsenkirchen, they will be miss-
ing Deco and Costinha, two of their most
important players who were ejected _
against the Netherlands. They also saw
Cristiano Ronaldo, a-creative attacker,
lost to a leg injury in the first half.

Portugal’s coach, Luiz Felipe Scolari,
extended his World Cup mark to 11
straight victories, none more venomous
than this.

Maniche scored the only goal. A quick
threat on the edge of the area in the 23rd
minute ended with Pauleta touching the
ball to Maniche, who skipped inside a
defender and shot right-footed past goal-
keeper Edwin van der Sar from 16 yards.

Van der Sar had his mouth open in
exasperation as the ball hit the net.

Others soon had the-same expression
for entirely different reasons.

After Van der Sar produced a stun-
ning save on a point-blank shot from
Pauleta in the goalmouth, Costinha inex-
plicably handled a simple through pass
for his second yellow card.

By that time, Ronaldo was already in
tears on the bench after he left the field
injured following a high tackle into his
groin from Khalid Boulahrouz.

It should have set up a thrilling con-
clusion, with an outmanned Portugal fac-
ing a Dutch team still looking for its
touch. Instead, it turned vicious as Russ-
ian referee Valentin Ivanov struggled to
maintain a semblance of control.

In the 63rd, Boulahrouz elbowed Luis
Figo on another run, earning his second
yellow card, making it 10-on-10.
Moments earlier, Figo head-butted Mark
Van Bommel to draw a yellow card.

Deco later lost his poise. He first made
a wild tackle on defender John Heitinga,
then followed with childish time-wasting
in the-76th minute and was sent off.

With a man advantage again, the
Dutch pressed. for the tying goal. They
couldn’t find it and, in injury time, Gio-
vanni Van Bronckhorst got a second yel-
low card, making it nine-on-nine to the
end.

3 The 16 yellows tied the mark set by
| PORTUGAL'S Fernando Meira, center, challenges for the ball with the Netherlands! Dirk Kuyt, right, during The Netherlands vs Portugal Round of 16 World =Germany and Cameroon in the first
Cup soccer match at Franken Stadium in Nuremberg, Germany, Sunday, June 25, 2006. round of the 2002 tournament. ‘



is,
(AP Photo/Bas Czerwinsk,)

: '





MONDAY, JUNE 26, 2006

SECTION

Fax: (242) 328-2398

E-Mail: sports@100jamz.com





Stars in town



BASKETBALL
By BRENT STUBBS
Senior Sports Reporter

ATLANTIS Resort and Casi-
no.was a hive of activity on Sun-
day as the players from the
National Basketball Associa-
tion (NBA) arrived in town for
their Players Association annu-
al meeting.

Bahamians and visitor
flocked to the entrance of the

foyer and the hallway of the .

Royal Towers as the players
made their way through to the
welcome area.

Among those greeting the
celebrities were retired Golden
Girls Pauline Davis-Thompson
and Eldece Clarke-Lewis, along
with pro golfer Jameica Dun-
combe.

They are all members of the
Ministry of Tourism Sports
Division, headed by Greg Rolle:

’ Billy Hunter, executive direc-
tor of the NBAPA, said they
are pleased with the set-up from
the airport to the hotel where
the players have been greeted
and then set up in their rooms.

“We have 40 players who
have signed up. We had 30
icams and nine member execu-
tives. We needed at least 17
players to conduct business, but

we have surpassed that,”
Hunter said.
“So we are really pleased

with what’s going to happen this.

week. We also intend to have
elections for some new officers.
I know everybody is looking
forward to that.”

While the’ players will be
locked down in closed sessions
today and Tuesday between the
hours of 9-12, they will also par-
ticipate in a basketball clinic at
the Kendal Isaacs Gymnasium
and a golf tournament at the
Radisson Cable Beach Golf
Club.

Among the players who are
here for the meeting are Samuel
Dalemert of the Philadelphia
76ers, Dikembo Mutombo of
the Houston Rockets and Theo

Ratliff of the Portland Trail-

blazers.

Dalemert, a Hiatian by birth,
has just completed ‘his fourth
season with the Sixers, but the
6-foot-11 centre said he’s excit-
ed about what’s ahead for him
and the league.

“J think every player should
be concerned about that,” said
Dalembert, who averaged 7.3
points and 8.2 rebounds per
game. “That involves all of us,
so I just want to be informed.”

This is Dalembert’s first trip

nnual meeting

to the Bahamas. He said he fell
in love the minute he arrived

because it reminded him of |

Haiti.

“T really love it here because.
I also got to meet some of the |

fans from Philadelphia and
those from high school and col-
lege,” said the graduate of St.
Patrick’s High School in New
Jersey and Seton Hall.

“But it’s a blessing for me
coming from Haiti. I really love
this game and I intend to give it
my best.”

Looking back at the past sea-
son, Dalembert said they should
have been in the playoffs, but
they didn’t play up to their stan-
dard and they have made a
pledge to come back next year
and improve their perfor-
mances. .

Dalembert said the NBA
finals between the Dallas Mav-
ericks and the Miami Heat gave

SEE page 10B |

B DIKEMBO MUTOMBO,
Houston Rockets’ centre,
poses for a photo with three
Bahamian sporting heroes —
Golden Girl Pauline Davis-
Thompson, golfer Jameica
Duncombe and Golden Girl
Eldece Clarke-Lewis.



@ TRACK AND FIELD
By KELSIE JOHNSON
Junior Sports Reporter



NIVEA SMITH, Warren Fraser and
Sheniqua Ferguson sealed double sprinting
victories at the Bahamas Association of Ath-
letic Associations (BAAA) junior nation-
als championships on Saturday by capturing
the 200 metres in their respective divisions.

Smith, who competes in the under 17 girls
division, clocked 11.92 seconds in the 100m
for the win over Iesha White who turned in
a time of 12.05 seconds and Sparkyl Cash in
12.06 seconds.

In the 200m the winning time was record-
ed at 24.64 seconds by Smith, White was
second in a time of 25.03 seconds while Car-
lene Johnson was third in 25.47 seconds.

Taking the double victory in the under 17
boys division was Fraser with times of 10.73
seconds in the 100m and 22.04 seconds in the
200m. Finishing second in the 100m was
























Tennis news,
more from the

weekend track
and field events




‘ pi ae

Shawn Lockhart in 11.08 seconds and Bran-
don Miller was third in 11.19 seconds. It was.
the same finishing order in the 200m with
Lockhart coming in second with 22.60 sec- ..
onds and Miller in third in 23.09 seconds.
After posting the fastest time for any:
juniors at the senior nationals held last:
weekend, Ferguson came back to take the:
track by storm. eee
In the 100m, she clocked 11.63 seconds:
for the win over teammate T'Shonda Webb,’

’ who finished up in 11.81 seconds and Lanece:

Clarke in 12.05 seconds. Sen
With a long rest period in between the.
two sprint races, Ferguson's recuperation,
showed with a 24.25 seconds finish in the
200m. She was followed closely by Webb in
24.68 seconds and Tamaz Thompson in 25.50
seconds. fed ae se aaeisg EGE
Ferguson has posted a season's best time
of 23.44 seconds in the 200m. She has
already qualified for both the junior CAC
games and the junior World Championships.

‘HAM & EGG
BACON & EGG
EGG & CHEESE





Full Text




Volume: 102 No.177

Rue Aceeis (
STE RS

aut

"MEETING WITH





76F |

CLOUDS |
= AND SUN |



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‘The largest

combined seizure of .
marijuana,

cocaine

and cash to date’

@ By MARK HUMES

DRUGS valued at more

than.$1.7 million. were.seized.......

by officers from the drug
enforcement unit in what has
been described as the largest
combined seizure of mari-
juana, cocaine and cash to.
date, officials announced
yesterday..

In addition to the nar-
cotics, officers also discov-
ered $228,723 in cash, a 3.38
handgun, and two live
rounds of ammunition.

While officials would not
confirm or deny assertions
that the drugs had just
arrived in the capital, police
press liaison officer, Inspec-
tor Walter Evans, said that
the drugs had the potential
of reaching both the local
and international markets.

On Saturday drug enforce-
ment officers were directed
to an apartment complex in
the Gladstone Road area. __

On entering the apart-
ment, they discovered a 38-
year-old Bahamian male
protecting a stash of cocaine,
marijuana, firearms, and
cash.

The drugs, which officers
found in the apartment, 105.
kilograms of cocaine and
32.5 pounds of marijuana,
















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_. Mr Evans assured the pub-
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drug enforcement unit. has
remained strong and firm.
“We do not see a signifi-
cant increase in drugs in the
islands because quite a bit
of effort is being made on
the law enforcement side,”
said Inspector Evans. “Addi-
tionally, we are receiving a

tremendous amount of assis-:

tance from the public, as

people continue to look and

pass information on to us.”
Because of the substantial

volume of drugs confiscat-

ed, Inspector Evans said he
did not believe that only one
person would have been
involved in the matter.
Police are continuing their
investigations.

Wishing not to: compro-
mise the integrity of the
investigation, Inspector
Evans said he could not dis-
close any further informa-

tion about the drug bust,

particularly the exact loca-
tion.

“Upon completion of the
investigation,” said Inspec-
tor Evans, “we will be able

to supply the public with

more information.”

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- MONDAY, JUNE 26, 2006

The MiamiHerad |

BAHAMAS EDITION

Baha Mar work |
on Cable Beach >
to startin July |

BAHA Mar Development
Company plans to start work at
Cable Beach in July, according
to Robert Sands, Vice President
of Administration and Exter-
nal Affairs, and is well on its
way to creating an authentic
and one of its kind “resort
metropolis” that will establish
a blueprint for resort develop-
ment in the Caribbean.

It was projected that in its
first full year of operation, from
December 2010 to 2011, the
resort will contribute nearly
$400 million to GDP, adding
6.5 per cent to the Bahamas’
current gross domestic product.

In an address to the Bahamas
Contractors Association, Mr
Sands provided an update on
Baha Mar’s progress thus far
and revealed that the company

_ is increasing its two billion dol-

lar investment.

“The Baha Mar Develop-
ment Company Limited will
inject in excess of $2 billion in
the redevelopment and trans-
formation of Cable Beach.
Indeed, we are moving full
speed ahead and beginning July

1, which is a few days away, we

will be starting work totalling
more than $205 million. These
works will be completed by
local contractors who respond-
ed to our call of interest and
have all been pre-qualified. It
is important to note that we
have decided to undertake
these works in phases so that
there will be minimal disrup-
tion to our hotel operations and
that the jobs of employees at
Cable Beach Resorts will be
protected,” he said. ;
Mr Sands provided informa-

SEE page 13

?



SHANTELL P, vep 1
Flight Attendant paki tile

Do you have the time?
CALL US TODAY!

i x 328-LOAN
www.approvedlendingservices.com

Businessmatt :
beaten, tied up

pl
and robbed =
at his home
B By DENISE MAYCOGK

Tribune Freeport:
Reporter






Â¥
>
»
a
o>



FREEPORT - ‘A’Gr
Bahama businessman
beaten, tied up and robbed at
his residence in the Lucaya
area by four masked men on
Saturday morning...) 37>.

‘Inspector Loretta Mackey,

‘ assistant press liaison officer,
said’ the incident occurred
around 9.15am in the Mid-

. shipman Road area.
. According to reports, a'53-
year-old businessman report-

-ed that he was outside:his
home sometime around
9.15am on Saturday changing
his vehicle’s flat tyre when he
was held up by four masked
men, two of-whom. were
armed with handguns. - .

The culprits ordered the
businessman into the house
where they demanded cash.

SEE page 13:

Dame Ivy speaks out
on state of education

@ By MARK HUMES

WHEN the education wheel of blame stops spinning, the ultimate
responsibility for the state of education in the country rests.with four
individuals: the Prime Minister, the Minister of Education, the
Permanent Secretary and Director of Education, says former Gov-
ernor General Dame Ivy Dumont.

Last week, after it was reported that hundreds of students-from
A F Adderley Junior School were scheduled to be “socially” pro-
moted to the high school, despite their failing averages, The Tribune
began a serious look at the state of education in the Bahamas.

In almost all of the interviews conducted this week, the general
consensus was that as a nation, we all have a great part to playin
what the system has become. ;

However, in the same vein, many have also come to agree with
John C. Maxwell wher he said: “Everything rises and falls on-lead-
ership.” foe

Yesterday, The Tribune spoke with former Governor General
Dame Ivy Dumont, who has spent a lifetime in education. ‘She
talked of the administrative structure that goes into the proper
functioning of education in the country. : ;

“As the country’s top administrator, the Prime Minister is ulti-
mately responsible for the smooth and proper functioning of all -gov-
ernment ministries. It is his responsibility to ensure that the appro-
priate person is chosen to lead an agency, and if that agency is ail-
ing, he must ultimately make choices which will ensure that Wwhat-
ever ails the agency is remedied,” said the former educational
administrator. ye

“Under the Prime Minister’s administration, the next person
who has authority. and responsibility for education is the Minister

of Education, who needs not be a technocrat. >
>

>

SEE page 13 rt



een
be
%

PAGE 2, MONDAY, JUNE 26, 2006

LOCAL NEWS

THE TRIBUNE



Public
service
awards

@ THE lead

female singer of

the Royal

Bahamas Police JACK
Force Band Thompson
Keva Major, head of
rendering a Road
selection for Tr affic,
invited guests at speaking
Friday’s public at Friday’s

service awards. awards.



THE 33rd National Indepen-
dence Committee has unveiled
its list of more than 60 out-
standing Bahamian women to
be honoured during this year’s
celebrations.

Among those being honoured
are salutes to the legacies of
some of the, nation’s women
pioneers who have already
passed on.

Dame Ivy Dumont, the first
woman Governor-General, will
be honoured along with politi-
cians Janet Bostwick, Italia
Johnson, Cynthia Pratt, Ruby
Ann Darling and the late Dame

. Dr Doris Johnson. E

Also on the list are civil rights
activists Lady Pindling, Beryl
Hanna, Ena Loretta Hepburn,
Georgianna Symonette and
Mary Ingraham, who fought for
women’s right to vote.

In the category of Arts and
Culture, those being honoured
include Maureen Duvalier,
Arlene Nash-Ferguson,
Claudette ‘Cookie’ Allens,
JoAnn Deveaux-Callender and
Terez Davis. :

The contributions to the
memory of Becky Chipman,
Meta Davis-Cumberbatch, Pan-

honoured.

Tennis pioneer the late Dame
Albertha Isaacs will be recog-
nized for sports along with track
stars Pauline Davis-Thompson
and Christine Amertil while the
list of Bahamian authors to be
honoured include Susan Wal-
lace, Marion Bethel, Telcine
Turner-Rolle.and Patricia Glin-
ton-Miecholas.

The first Bahamian woman
called to the Bahamas Bar, the
late Mrs Patricia Cole-Cozzi,
and the first woman Chief Jus-
tice, Dame Joan Sawyer will
be honoured for their judicial
accomplishments while Anita
Dillet, Indirah Adderley, Joyce
Colebrooke and Anita Bethel











yor, LLIF

on being awarded an
Honorary Doctorate of Humane Letters
from Sojoumer Douglass Collage
on Sunday, June 4, 2006



mere n lee ed eri rere










Coleen etal expienes WOM rege: ond congralulations to Ralth Majar, Seniog View President, Auwhetrig, whe mcentiy rmaelved ee
| sevopaty Doctniale al Humane letters rem Solaumer Dougloss Cetlega,

0 thitesa Monay-ingrhom, President af ibe local campus of Sejouner Dougie, aald the saline! Pha! it any bartiting Hat Mi, Major ne
| ceive te honor at he 4 well respected both professionally and pemanally for tly centibuliony to the Babamsan soclely, Me, Meeajon wags
on beenuie of hie rule in moking 4 pasitive lmpael on the counhy ond on recommendation from Ihe calege's graduating chose

J a
| Abdi Som he innate dese to make @ differmnae i the lives ohh chants ond community, My. Major how alee datingulvied hinwell poe

intienety by achieving the UMRA Leadenhip inilitule Fotow designation, The dynanvia, groutuhe lpn! araguevire fore ot Mane

ing: Gaaesiel penonel elwalivensss, and leadership shalegios to provlee o comprehensive dweslopenend groans bar fiecunahal say.

tne executives To date yan $00 exsculives fom craund the word have seamed Mus designation,

ie. Majer on the receipt of hi: Honorary Doctorate, Mi, Monkgortacy Beolthwolle, presicant a Cadreegechal wate, “Pe

| Cokvebmpedel lomily cauld not be hapeler tor Mr, Major Kell’: mongers hos bows a dined? paul of bis unwavering dedicates to excel.

teree and ehent service and nie dell for onsesng the marelploge, | con Hak of nobody wie cenwnves thik hana mere.”

Aig 1998 recipien af Rotary intemalional’s highea! honar« The Foul Howl Fellow » ify no aunpiee thot Me, Major emtiodios the heret of

service abeve sel ln every lace! of his ie. He hos played an eciive role in charlabie causes wilhin our comunity, moat moently tery

ng oi 4 hembat of he Acton Bohamor: Gormmition which rolaad alma! $800,000 for Huntoane Wilma victinw fhimughout the nation He
i haa sheng suaae of civic duly os widen! by hie wlingnens to peive aa Chomrnan of the Sahamar Hechicly Companion, @ rote he

pms Linch Lew the eouple hie thiwe Hitelron = Owibte Jn: Rosy andl Reanchon,


















dora Gibson-Gomez and:Kayla «:
Lockhart-Edwards also will be~



Williams will be honoured
with the. nation’s first
woman police officer,
Alladyce Strachan, for
their work in law enforce-
ment.

Outstanding educators,

--Thelma Gibson, Dr Keva

Bethel, Mary Albury and
Anatol Rodgers will be rec-
ognized in addition to Rev
Angela Palacious, Sister
Annie Thompson, Rev
Lavinia Stewart and Sister
Maria Rahming.

Health

Those being honoured in
Health, include the coun-
try’s first black nurse,
Matron Hilda Bowen along
with the late Monica Davis,
Mary Johnson, Rosemary
Bain, Alice Hill-Jones, and
Dr. Sandra Dean-Patterson
while the scholarship cate-
gory consists of two multi-
gifted individuals, Dr Gail

Saunders and Dr Desiree ~

Cox.

Public and government
service recognition will go
to Ruth-Miller, Margaret
McDonald, Lois Symon-
ette, Betty Strachan, Vyl-
ma Curling Thompson,
Ethlyn Isaacs, Melanie

Roach and Althea Isaacs. '

Albertha’ Gibson, Nettica
Symonette, Oralee Adams,
Berta Sands, and Menita
Wisdom are to be hon-
oured for business.

Publicity

Posters and banners of
the women will be placed
in -strategic locations
throughout The Bahamas
during the Independence
week of festivities while
brief accomplishments and
video biographies of the
women will be broadcast
on ZNS. . :

“Tt was certainly an ardu-
ous task to.select these
honorees,” said Winston
Saunders, chairman of the
33rd Independence Com-
mittee. “We received many
nominations from various
agencies and we had a
committee made up of
numerous entities to give a
fair review of the nomi-
nees. The end result reveals
a list we ought to be proud
of and as a nation we must
truly pay homage to these
women, most of whom aré
not even in our history
books.”











In brief

Artist to be
celebrated

at Central
Bank

AFTER several manufactur-
ing delays, the musical works in
memory of Bahamian record-
ing and television artist Kristin
Penn-Davis will be launched at
the Art Gallery of the Central
Bank of the Bahamas at 7.30
this evening under the patron-
age of Tourism and Broadcast-
ing Minister Obie Wilchcombe.

Minister Wilchcombe will
bring remarks during the cere-
mony which are expected to be
both informative and enter-
taining.

News, photographic and tele-
vision items highlighting
Kristin’s outstanding career,
which started at the age of 12
with a co-starring role in the
musical drama “Under the
Obeah Tree”, will be on display
at the Art Gallery.

Copies of the DVD
“Remembering Kristin — an
Expression of Faith, Hope and
Love”,.along with specially
designed posters, will go on sale
at the art gallery immediately
following the ceremony and
through to Thursday, June 29.
Kristin can be experienced up
close and personal through the
purchase of these items.

Princess.
Anne visits

Bermuda
for race

m@ BERMUDA
Hamilton

' BRITAIN’S Princess Anne

began a weekend of engage-.

ments on Saturday during a vis-
it to this western Atlantic island
_to celebrate the centennial year
of the Newport-to-Bermuda
sailing race, according to Asso-
ciated Press. inet

The only daughter of Queen
Elizabeth IJ, Anne, formally
known as the Princess Royal,
viewed the white sails and sleek
boats at the Royal Bermuda
Yacht Club after meeting with
representatives of a disabled
equestrian group on Saturday
morning.

A keen horsewoman who
competed in the 1976 Olympics
in Montreal as a member of the
British equestrian team, the
princess was introduced to

‘young riders and watched them
put their horses through their
paces before handing out prizes.

On Sunday, she is expected

to lay wreaths at the Bermuda

Royal Navy Cemetery and also
tour the tall ship USS Eagle,
which is visiting the island to
mark the 100th anniversary of
the 635-mile (1021-kilometer)
Newport-to-Bermuda race.

Share
‘your

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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THE TRIBUNE



dies after
hit-and-run
accident

-POLICE are investigating a
hit-and-run accident over the
weekend that resulted in the
country’s 22nd traffic death this
year :

At 10.30 on Friday night
while in the Montrose Avenue
area, the driver of a Honda
vehicle was travelling north on
Montrose Avenue when he hit a
woman and sped off.

The woman was taken to the
hospital and later died as the
results of injury sustained dur-
ing the accident

Police are following leads into
this traffic mishap and hope to
bring closure to the matter
soon.

Caribbean |
leader urges
countries to
join CSME

& ST KITTS
Basseterre

THE chairman of the Orga-

nization of Eastern Caribbean:

States said the nine-member
bloc was committed to joining a
regional single market econo-

- my but would not confirm if it

would be ready by an agreed-
upon June 30 deadline, accord-
ing to Associated Press.

The nine-member bloc signed
a declaration of intent to join
the Caribbean Community’s
single market economy by the
end of the month, but Baldwin
Spencer, organization chief and
prime minister of Antigua and
Barbuda, on Friday would only
say he was “hopeful” that ‘all
the bloc’s small island nations
would become part of the single
market by the deadline.

“We are always very hopeful
and we believe things will work
themselves out. June 30th is not
a magic day — but it is a com-
mitment that we had made

. sometime ago,” Spencer said at

the close of the organization’s
25th anniversary meeting in St.
Kitts.

The organization has long
voiced concern about the trade
imbalance between their east-
ern Caribbean countries, which
share a common currency, and
the. 15-nation Caribbean Com-
munity.

Caribbean
leader urges
countries to

join CSME

. & WASHINGTON

FOURTEEN Saudis were
released on Saturday from the
detention center at the U.S.
naval base at Guantanamo Bay,
Cuba, and transferred back to
Saudi Arabia, the Pentagon
said, according to Associated
Press.

One was released because
U.S. officials determined the
detainee was no longer an ene-
my combatant. The other Saud-
is were released after an admin-
istrative review process deter-
mined they could be trans-
ferred.

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@ By MARK HUMES

NATIONAL Defence Min-
ister Cynthia Pratt has con-
firmed that the Bahamas
Defence Force’s Air Wing
Commander was not qualified
to fly the force’s King Air sur-
veillance craft. This led to its
eventual grounding.

The disclosure by the
defence minister came last
week during her contribution
to the debate on the 2006/07
national budget.

In her presentation to the
House, Mrs Pratt said: “The
Commander of the Defence
Force Air Wing, Senior Com-
mander Maurice Williams and
Senior Lieutenant Shondell
Pinder were approved to com-

mence training shortly after the |

aircraft was purchased.”

She said that the aircraft exe-.

cuted 18 familiarisation flights
and completed 40 flight hours
during July alone.

It was in November 2005,
when “it became known that
the Air Wing Commander did
not qualify as pilot-in-com-

the services of JGH

MONDAY, JUNE 26, 2006, PAGE 3







mand to Airline
Transport Pilot stan-
dards” that the Air
Wing’s operation was
brought to a halt, she
said.

Since November, »
the minister said, the
Defence Force has
been in pursuit of full
compliance of the
Flight Standards
Inspectorate, which
required the aircraft
to be re-registered
and to be serviced in
preparation for full
inspection.

In pursuit of this,
continued Mrs Pratt,

Aviation was
retained, and the craft
was ferried to Flori-
da on May 20.

The King Air 350 Turbo air-
craft came under media scruti-
ny when North Eleuthera MP
Alvin Smith called on the min-
ister to account for the “dys-
functional” craft which had
been sitting unused at Nassau

i CYNTHIA Pratt



International Airport.

’ At first, speaking on behalf
of the national security agency,
Permanent Secretary Mark
Wilson had explained that the
plane’s grounding was due, in
part, to “mechanical difficul-
ties,” saying that “the procure-



ment of parts was not
such a straightfor-
ward matter.”

He assured the
country that “the
commander of the
airwing was specifi-
cally trained to fly the
aircraft, as he had
specific theoretical!
‘and hands-on train-
ing.”

With that, Mr Wil-
son said that the craft
had been sent off for
servicing.

Mr Wilson later
retracted his state-
ment when a picture
of the aircraft at Nas-
sau airport appeared
on the front page of
The Tribune the day
following his inter-

. view.

In a letter to the editor, Mr
Wilson apologized. He said he

had “learnt subsequently that



the aircraft had not been sent ,

for repairs.”
In a follow-up interview, sev-
eral more conflicting comments

t
>

%

»
»



we 6
cd
made by the permanent secre- *«

tary eventually came under *,
scrutiny, and when approached »* «4

for answers, the spokesmen 2. 3





49
e
ve

ee

passed all further inquiries?s %
from The Tribune to Bahamag+? ¢*

ati : en pte &
Information Services (BIS) see °
Of the five questions Sube$e
mitted, one asked for MiAWglees
son to substantiate hisefidisfies ef
oe
&
ae

a

that Commander Williaars'w.
indeed qualified to cominiati
the King Air craft. Pat a

Through a spokespersori





oe

ey

et
A

oe

national security, Mr Wilson-:: ..

said that the answers to the -
questions put to him were fof.
warded to BIS. eta
However, after weeks of-
wrangling with BIS, The Ti-
bune later learned from BIS’s

Anthony Delaney that Mr Wil, -

son did nét want to answer. thete
5. r are ge
questions because he felt-hist
words in past interviews had?
been misconstrued.
Last week’s candid and open

admissions to the country by...

Minister Pratt puts to rest and ’
clarifies some of the conflict- -
ing information given by the
ministry’s second-in-comman¢.



MARSH Harbour airport in
Abaco will not be closed when
it undergoes renovations in
September, Works Minister
Bradley Roberts told The Tri-
bune yesterday. ,

This comes as good news for
many Abaconians who
believed that 10 or more busi-
nesses could have folded if
government had closed the air-
port for two months later this
year.

Alarm spread throughout
southern Abaco after an e-mail
notified a business of the clo-
sure plan from September to
November. It indicated that

4

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larsh Harbour airport

‘the proposal would be made

official in about two weeks. .

However, according to Mr
Roberts, there will be no need
to close the airport for reno-
vations.

There was no argument that
the airport improvement work
was needed. But locals believe
that contractors should build
a new runway and keep the
airport open while work is
underway.

Temporary closure would
mean visitors having to take
an-$80 taxi-ride from Treasure
Cay airport, which is 28 miles

. from Marsh Harbour.

“It is the kind of thing that
would provoke many tourists
to take their vacations else-
where. It could cost the isiand
a fortune in lost business,” one
local businessman said.

Ms Denise Kelly of Abaco
Air said closure would affect
business on surrounding cays.

However, she made it clear
that she was not opposed to
the construction of a new run-
way and had no plans to block
the airport with aircraft if the
work went ahead. ;

“Unfortunately, this. could
have been conveyed by yes-
terday’s report,” she said.

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PAGE-4, MONDAY, JUNE 26, 2006

EDITORIAL/LETTERS TO THE EDITOR |

THE TRIBUNE



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&

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SABA BAS EMAAR EHLOL RETO oOH EST OMT OEE TEES

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The Tribune Limited

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

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

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

TELEPHONES
Switchboard (News, Circulation and Advertising) 322-1986
Advertising Manager - (242) 502-2352
Circulation Department - (242) 502-2387
Nassau Fax: - (242) 328-2398

%
‘te
%&

DESPERATE to solve its escalating
crime rate Trinidad and Tobago will spend
“£13 million over the next three years to hire
39 serving and retired British police officers
‘to bring their know-how to its outdated, strug-
‘eling force,” reported The Trinidad Times
on June 14. ,

The report said that the team headed by a
35: -year Metropolitan Police veteran, will
‘bring “a wealth of experience in serious crime
rinvestigation to a country rife with gang activ-
Hey murder and kidnap.”

“Called a “killing field” by a Trinidad busi-
tnessman, Trinidad had a record 386 murders
nd.235 kidnappings last year. Of the 12,919
mplaints made against the police from 1999
ito ‘2004, only 20 per cent were investigated,
‘according to Amnesty International.
nd Ji amaicans, disenchanted with their
olice force, which, according to a Dai-
ther editorial; they believe has “grown

rupt, inept and repressive,” and has con-
ibuted “more to social instability than the

ention or solution of crime,” have
jemanded external help.
Three British officers have been recruit-
.. d.from the senior ranks of London’s Met-
j s topolitan Police, and a fourth is on his way to
ry amaica.
ee * Last month when Nassau’s prison break,
* which resulted in two deaths — a police offi-
pber and a prisoner — was the main topic of
conyersation, a worried senior police officer,
“it whom we have a great deal of confidence,
commented that if the Bahamas didn’t get
foreign policemen into certain key areas of
“our force, this country’s future looked bleak.
, Unlike Trinidad and Jamaica, we have
«not lost faith in our force, especially in Com-
‘ ‘missioner of Police Paul Farquharson and
“his hard working police team, but it must be
\ admitted that the force has too many in its
1 ranks-who are operating below the radar.
Although the Commissioner is quick to
' take a corrupt officer before the courts, there
\ is only so much that even he can do when
\ | faced with all the hidden agendas within his
force. In addition to the inevitable temptation
‘ to make a fast buck, there are family and
friends who fall afoul of the law and expect
} special protection. This is the problem in
such a small community where everybody
i knows, or is related to everybody else — it is
a real challenge to honest policing. There
‘are few officers like “Gussie” Roberts in the
force today. Mr Roberts was a police. offi-
" cer, who, no matter who you were or who you
4 were related to, marched you straight to the
| court house if he caught you in crime. It was



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“Disturbing report about the Police

said of him that he would “arrest his ma” if he
had to.

‘With an exasperated, shake of the head, a
government minister recently commented
that it seemed that corruption’! is endemic in
this country.

And a former cabinet minister remarked:
“Corruption in this country is unbelievable —
it has to be destroyed or it is going to under-
mine our democracy.”

And as we write this a policeman has been
phoning a young Bahamian all day Sunday.
The young person has refused to take his
calls. The family believes it is a shakedown.

And on June .14 Commissioner Farghuar-
son is alleged to have been sent a letter signed
by a group of “loyal officers” reporting what

- they call “systemic (sic) and ongoing corrup-

tion — openly advertising and promoting

-extortion of any number of legal and illegit-

imate business concerns within his district.”
They called the name of a senior officer. Fur-
ther, they allege, this officer “is known to
make open files disappear for the right price,
thwarting the attempts of citizens to receive
the justice they deserve.”

We were unable to contact Commissioner
Farquharson for him to confirm or deny
receipt of this letter, or whether he had any
information on the allegations it contained.
However, included in the four-page letter, a

copy of which was sent to us, 18 persons and _.

companies — it was made clear that these
were just examples, not a complete list —
were named as paying “protection” money.
Four cases were given as examples of how

_ justice is being compromised by files disap-"
‘pearing for a price.
This information would not have seen the’

light of day before we talked with the Com-
missioner. However, we knew one person on

‘the list well enough to call him about the

allegations. What we learned from him was so
alarming that we are satisfied that if not all,
then most of what that letter contains is true.
We think the public has a right to know.

For example, there is an allegation about
$49,000 stolen from exhibit money in a certain
case and shared between two policemen, both
named in the letter.

Is this what our worried police friend meant
when he said foreign police officers were
needed in certain areas of the force?

Corruption might be endemic in this coun-
try, but it will sink deeper and take even
firmer hold if we treat it as inevitable, shrug
our shoulders and walk away. It is now that

serious decisions have to be made if our

police force is to be stripped of its corruption.



Response to the
Cuban Ambassador

EDITOR, The Tribune.

IT is with a most disgusting and
nauseating feeling that I am com-
pelled to respond to two recent
press releases by the Cuban
Ambassador to the Bahamas, Mr
Felix Wilson Hernandez. After
more than thirty years of being
involved with Human Rights
issues, I have drawn certain logical
conclusions about dictators, their
embassies and their diplomatic .rep-
resentatives when it comes to pre-
senting the truth objectively to the
public. They portray an idyllic soci-
ety or country, one that is in the
best interest of its citizens or one
where the population is living in a
“paradise”. By carefully and delib-
erately controlling the flow of
information, it is possible to create
an “Animal Farm” -type society
where only the leaders and the sys-
tem controls the behaviour of indi-
viduals. Anyone who challenges
this process or offers a contrasting

’ point of view, no matter how patr-

otic the motive is deemed an “ene-
my” of the state and are either
imprisoned or otherwise deprived
and punished in some way.

Without the basic facts of life in
such a brainwashed and controlled
nation, the reality of truth is an
alien concept. Consequently, a
nation drifts in this sea of ignorant
“facts” in this artificial society,
dependent on those who enforce
this unjust system on their own
people as the ones who have their
best interest at heart. Of course,
this is all pure hogwash. One just
has to look at the collapse of The
Berlin Wall during the early 1990s
to see what happens when the
yoke of oppression is lifted from
the shoulders of an oppressed peo-
ple. What the government had
been telling the people was any-
thing but the truth. If these kinds of
controlled societies were so great,
why haven’t any of these countries
reverted back to their old ways
once the people have had a taste of
freedom?

Ambassador Wilson Hernandez
presents what his government
wants. selectively presented, but
takes great care to avoid and duck
irrefutable facts. The standard pro-
cedure is to blame the messenger,

rather than deal with the message. .

His suggestion that just a few per-
sons, “honestly, no more than six

.-Woices”. presented opposing views

on aspects of-Cuba is most ridicu-
lous. This is truly amazing as an
experienced human rights activist
for over three decades,'I am fully
aware that on many occasions |
was the only voice of reason in the
wilderness. History has shown that
on a number of such occasions, the
position that I took was indeed the
correct one.

Ambassador Wilson Hernandez
also attempted to identify some of

. Cuba’s critics who had made pub-

lic statements just prior to the May
9, 2006 United Nation vote that
questioned Cuba’s record on
Human Rights, “including for-
eigners”. As someone who had
written a number of articles from
Boston, Massachusetts critical of
Cuba’s poor human rights record,
it is an educated guess that there is
a clear reference to my submis-
sions: Of course, I must excuse
Ambassador Wilson Hernandez’
ignorance of this particular critic of
Cuba’s violations of The Universal
Declaration Of Human Rights.
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iO ae MN aaee

letters@tribunemedia.net



allow me to introduce myself, as in
the past Ambassador Wilson Her-
nandez has been a terrible judge of
my character. First of all, I must
state for the record that I am not
an “enemy” of Cuba, nor am I an
American puppet as you have

described persons who voiced con- '

trary opinions to that of Cuba’s.
Nor am I a “foreigner”, even
though I currently reside in the
United States, trying to influence
Bahamian public opinion. Indeed,
Tama born Bahamian with Cuban
heritage as my grandfather had
come to the Bahamas from Cuba.
Therefore, I have a strong inter-
est to ensure a good relationship
between the Bahamas and Cuba.
For those who really know me,
they are aware of my dedication
to Human Rights, not just locally
but around the world for the past
three decades. By suggesting that I
may be a puppet or partial to one
system or government is a com-
pletely false perception. On more
than one occasion, I have even
|

I was one of those university stu-
dents during the 1970s that protest-
ed against institutions with major
investments in an apartheid South
Africa and for the freedom of Nel-
son Mandela. My greatest moment
of personal triumph was meeting
Nelson Mandela when he was on
his way to become the President of
South Africa. Man, talk about
the stone that the builder refused!
That was the moment of my life
when I committed to fight oppres-
sion wherever it exists in the world.
I also realised that I had to speak
for others who couldn’t speak
because their government ignored

‘ the Universal Declaration by deny-

ing its citizens freedom of expres-
sion within its borders.

Over the years, much of my
opinion has been expressed in the
press and so there is certainly a
paper trail'that anyone can follow
if they would like to know where I
stand on a particular issue. Ambas-
sador Wilson Hernandez, you
seem to feel that because some-

* one criticizes Cuba, it automati-

cally makes youan American pup-
pet. You must be objective in your
thinking. On a number of occa-
sions, I have openly taken Presi-
dent George W Bush to task and
publicly demonstrated against him
over his policies, both domestic
and foreign, some of which both
you and I might agree upon. In the
2002 Presidential Election, I open-
ly campaigned against President
George Bush.

Fortunately, the United States
Constitution is consistent with the
Declaration as it provides for the
freedom of expression. This is com-
pletely contrary to the situation
that exists in Cuba. I have often
imagined what would happen to
me should IJ visit Cuba and voice
my opinion the same way that I
do in the United States. Or hold a
placard demanding a change in
Cuba’s policies in front of a Cuban
government building or high rank-
ing official? I find it completely
amazing that Ambassador Wilson
Hernandez can demand that the

media be more balanced and fair.

when dealing with Cuban matters.
Coming from a country that has
imprisoned journalist for lengthy
periods, how on earth can he even
fix his mouth to make such an out-
rageous request knowing full well
that the country he represents has
zero tolerance for objectivity?

As if pre-programmed, when-
ever Ambassador Wilson Her-
nandez and his sympathisers are
asked about Cuba’s human rights
record, the immediate reaction is
to divert attention from the issue
by attacking the United States. The
issues of the war in Iraq or the
prison at Guantanamo Bay,
Ambassador Wilson Hernandez
feels legitimizes whatever indis-
cretion is committed by Cuba.
Ironically, despite the avalanche
of criticism over Guantanamo Bay
prison by the Cuban government,
almost every day in the various
news media, the public can see to
some extent what is happening in.
Guantanamo prison. It is inhu-
manely unconscionable that the
public or an Independent Watch-
dog group has not seen the inside
of a Cuban prison in almost 50
years since Fidel Castro became
president. However, my concerns
over the oppressive manner Cuba
controls its citizens goes back
almost two decades.

Prior to August 19, 1992, I often
identified Cuba with the Bahamas
as the only two countries in the
entire western hemisphere that
only had one government con-
trolled and censored radio/TV sta-
tion. Essentially, the Opposition
and those with opposing or con-
trasting points of view had no
avenue to express themselves. The
only explanation of an event in the
country was that of the govern-
ment. Needless to say, all too often,
the government got its facts wrong.

During the 1980s, on behalf of

the Grand Bahama Human Rights
Association, I applied for a licence

to open an Independent radio sta-__-

tion called Radio Freedom. After
several years of trying, the appli-
cation was eventually rejected by
the then Prime Minister, the Hon-

ourable Sir Lynden Pindling. With ~ ;

the change in government on
August 19, 1992 and the liberation
of the airways, in hindsight, Sir
Lynden Pindling has since then

admitted to the effect that this lib- -
eration was within the best interest~

of the Bahamas and democracy.
Today, Cuba is the only country
in the entire western hemisphere
with just one government con-
trolled and censored radio/TV sta-
tion in the whole country. To
ensure its citizens don’t listen to
other stations, some stations are
electronically “jammed” just so
that the Cuban people cannot hear

another opinion on a matter. This .
_ is a complete disgrace, Ambas-

sador Felix Wilson, and goes
against the grain of the Declara-
tion. Cuba should be ashamed to
punish its own citizens in such a
disgraceful way and is morally dis-
qualified from sitting on any Unit-

ed Nations Council dealing with.

Human Rights!

DR LEATENDORE
PERCENTIE
Boston,
Massachusetts

June 15, 2006.

Sandals Royal Bahamian Resort & Spa

Invites Application for the following positions:

One Household Manager

Applicant must have knowledge in Food & Beverage, Good
communication and supervisory skills, must be fully cognizant
of high domestic standards and the ability prepare gourmet
meals for special functions at least three years experience ina
similar position would be an asset.

One Assistant Controller

Applicant must have a Bachelor Degree minimum of three
years experience in Hotel Accounting. Proven knowledge of
financial and operational management, strong communication

and supervisory skills

Cooks

Applicants are needed for the position of Ist. & 2nd. Level -
cooks. Must Have proof of kitchen skills, flexible workings

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Salary and other benefits commensurate with qualifications

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wa
Al

Fy

THE TRIBUNE





After OPBAT, then what?

HE United States

Embassy in The
Bahamas should be com-
mended for the manner in
which it, and the Department
of State, of which it is a part,
have undertaken to lobby for
the retention of funding for
military assets (including heli-
copters) presently operating
under the umbrella of OPBAT
in The Bahamas. ,

This comes fast on the heels
of an announced plan by Don-
ald Rumsfeld, US Defence
Secretary, to cut spending in
less high priority areas in order
to concentrate on military
commitments in West Asia.
Presumably, the embassy’s will
join a chorus of other voices
urging the Pentagon to rethink
the effective scrapping of a
programme that has done so
much to make our region safer
(cutting the percentage of US-
bound cocaine trafficked
through the Bahamas/Florida
region from 80 per cent to 10
per cent). :

However, as an Embassy
spokesman recently made
clear, there are in fact various
agencies of the US govern-
ment, such as the Coast
Guard, that could“ be
approached to pick up the
slack should their efforts with
the military prove unsuccess-
ful.

But if the maintenance of a
robust, institutionalized
approach to the problems of
smuggling through these
islands is of greater national
importance to the United
States than Mr Rumsfeld
seems prepared to acknowl-
edge, then an even more sting-
ing criticism can be made of
our own national leaders.

-t should embarrass us
that, so many years after

‘the bilateral programme

began, and decades after the

. influx of contraband and
immigrants through our coun- .

try pronounced themselves as
national security issues of the
first order, the possible



Dee Maia

removal of the OPBAT shield
still threatens us with cata-
strophe. It all points to our
having invested next to noth-
ing in developing an indepen-
dent capacity to deal with
these issues ourselves.

At the current time, our
Defence Force features no sig-
nificant airborne capacity,
although all acknowledge the
aerial surveillance aspect of
the OPBAT programme to be

PERSPECTIVES



ANDREW: ALLEN

run the gauntlet of the Exu-
ma Cays (i.e. those happy to
reside in the southern islands)
are able to slip in and out of
the southern, less developed
islands without much fear of



The recent outbreak of malaria
in Exuma would seem to
confirm these suspicions, as it
suggests a trade between Exuma
and an endemic area (Haiti) that
is sufficiently established (and
unregulated) to permit the
successful transplantation of the

offending vector.

SESS ee SS STS SO SI

its crucial strength. A force
dependent upon sluggish
patrol vessels and land based
surveillance can simply be no
match for the dispersed, fast
craft of the drug trafficker.
Even more alarmingly, the
vast majority of our Defence

Force and law enforcement:
assets are centred in New

Providence, an island that is
more than three hundred miles
away from the country’s
porous southern borders.

In practice, most of the
interception of migrants by
Bahamian officials takes place
in an area stretching from the
middle Exuma Cays to. the
southern approaches to New
Providence. This formula
(which appears deliberate)
leaves the entire southern two

thirds of the archipelago effec- |

tively exposed.

necdotal evidence
suggests that those
migrants who do not have to

interception. The recent out-
break of malaria in Exuma
would seem to confirm these
suspicions, as it suggests a

-trade between Exuma and an

endemic area (Haiti) that is
sufficiently established (and
unregulated) to permit the suc-













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cessful transplantation of the
offending vector.

If, as now seems likely, cur-
rent investment trends presage
a reversal of the economic for-
tunes of many southern
islands, then the top-heavy
patrol capacity of the Defence
Force, and the concentration
of its land-based facilities in
New Providence will doubt-
less serve those growing south-
ern communities badly.

ll of this would be

bad enough if it only
meant that southern island
communities will one day find
themselves tackling the out-
size immigration problem
faced by booming places like
Harbour Island and Abaco

today. Unfortunately, it means,

a lot more than that, since
where people and mosquitoes
can enter unregulated, so can
all manner of illicit contra-
band.

One of the features that dis- .

tinguish the OPBAT arrange-
ment is the realisation among
participating parties that,



~ YOUR LOCAL MEMBER OF THE-

PROCHEM SYSTEM (sm)

MONDAY, JUNE 26, 2006, PAGE 5-: |

when it comes to law enforce-
ment in our sub-region, the
smuggling of people and the
smuggling of drugs can nei-
ther be separated from one
another nor from the far
broader issue of (collective)
national security.

The present concentration
of our law enforcement assets
away from the porous south-
ern borders of our country
means that, should OPBAT
ever really vanish, the south-
ern islands are likely to
become a lawless marketplace
of drugs, migrants and dan-
gerous contraband of all
kinds.

aie
ity

FOR PEST PROBLEMS

ai aa 7



A Real) Oe

MONDAY,
JUNE 26

6:30 Bahamas@Sunrise
11:00 Immediate Response
12noonZNS News Update Live
12:05 Immediate Response Cont'd §




























1:00 BTC Connection

1:30 Caribbean News In Review
2:00 The Fun Farm

3:00 David Pitts

8:30 Bishop Neil Ellis

4:00 Dennis The Menace

4:30 Carmen San Diego

4:58 ZNS News Update

5:00 Cricket World

5:30 — Gillette World Cup 2006

Gospel Grooves

6:25 Life Line

6:30 News Night 13

7:00 Bahamas Tonight

8:00 You & Your Money

8:30 Hurricane 2005: Look Back -
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9:30. Evening Exchange

10:00 Caribbean Newsline

10:30 News Night 13
11:00 Bahamas Tonight
11:30 . Immediate Response
1:30 Comm. Page 1540AM



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PAGE 6, MONDAY, JUNE 26, 2006








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Financing Caribbean
development — the CDB

@ By Sir Ronald Sanders

(The writer is a business exec-
utive and former Caribbean

_ diplomat who publishes widely

on Small States in the global
community).

B ANKS are not institu-
tions that normally
attract praise for their good
work. But, the Caribbean
Development Bank (CDB) is
an exception.

The CDB was born in
stormy circumstances in Janu-
ary 1970 after considerable
debate and rancour among gov-
ernments of the Caribbean.

The smaller Leeward and
Windward Islands had laid
down, as conditions for joining
the Caribbean Free Trade
Association (CARIFTA) in

1968, the creation of the Bank
and their priority access to its

funding. They had also argued |

for its headquarters to be locat-
ed in St Vincent.

CARIFTA was an economic
integration grouping of the Lee-
ward and Windward Islands
with Belize, Barbados, Guyana,

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t
Jamaica and Trinidad and
Tobago. It was the predecessor
organisation of the present

Caribbean Community (CARI- —

COM).

Jamaica had also wanted tke
CDB’s headquarters, and the
then Minister of Finance,
Edward Seaga, had pushed
strongly for it. In the end — and
as a compromise — the Bank
was established in Barbados,
but the first article of its charter

specifically required it to have

“special and urgent regard to
the needs of the less developed
members of the region”.

Over time, the Bank has
built up a meaningful relation-
ship with its borrowing mem-
ber countries, although in its
early years it was severely criti-
cised by governments of the less
developed countries.

The leaders of some of these
countries, at the time, felt that
all that was necessary to get
funding was a letter of request
to the CDB’s President, and
they were impatient with the
necessity for projects to be eval-
uated for their viability.

Yet, it is the CDB’s profes-
sionalism in adhering to the
rules of project appraisal and
evaluation that has allowed it
to become respected and to
attract financing from larger
institutions, such as the World
Bank, for on-lending to its bor-
rowing countries. -

The Bank raises funds
through the issuance of debt
securities to institutional and
retail investors as well as lines of
credit from international finan-
cial institutions.

He the CDB not
insisted on sticking to

international best practices in
evaluating and approving loans,
it would have not won the con-
fidence of larger financial insti-
tutions and would have long
since collapsed. And, the devel-
opment of its borrowing coun-
tries, who have been the bene-
ficiaries of its operations, would
have been retarded.

From its inception in 1970 to
the end of 2005, the CDB has
contributed US$2.6 billion to
improving the lives of its 17
Caribbean borrowing member
countries. |

On the face of it, US$2.6
billion among 17 countries
may not seem significant, but
these small countries have a
combined population of only 5
inillion people stretching from
Belize in Central America,
through the chain of
Caribbean islands to Guyana





@ SIR Roanld Sanders

in South America.

And, the loans, equity and
grants have been made in cru-
cial areas among which are
roads transportation; air and sea
transport; rehabilitation after
disasters caused by hurricanes;
education; and low income
housing.

Sticking to its obligation to
give “special and urgent regard
to the needs of the LDC’s”,
over the period 1990 to 2005
the CDB has provided
US$1,194.1 million or 57 per
cent of total disbursements to
these countries. The LDC’s also
received 71 per cent of dis-
bursements from the Bank’s
special operations.

iE is difficult for many of
these countries to.access
financing directly from larger
institutions such as the World
Bank and the Inter-American

Development Bank. For, while ,

the sums involved are fairly
large in relation to their
economies, they are small in
comparison with the~portfolio
of loans and equity funding
required for huge projects in far
larger countries.

_ But, the amount of time and
resources necessary to conclude
a transaction for a large project
is almost the same for a small
one. Therefore, funding small
projects is an expensive exer-
cise both for the lender and the
borrowing country, and the

large financial institutions have .

shied away from it. .
Consequently, a smaller
development bank — dedicated
to the needs of small countries
— is crucially important to the

countries of the Caribbean, and

if the CDB did not exist today it
would have had to be created.
As an example of the impor-

THE TRIBUNE

tance of the Bank to its bor-
rowing countries, after the dev-
astation of Grenada by Hurri-
cane Ivan in 2004 and the fur-
ther damage by Hurricane Emi-
ly in 2005, the CDB played a
major role in financing the
country’s rehabilitation.





Restoration of water and _

electricity to affected areas was
immediately financed by the
Bank which is also funding suit-
able housing for low income
households, the replacement of
damaged bridges and the
improvement of roads.

amaica and Guyana —
two of the so-called More |

Developed Countries
(MDC’s) — also benefited from
the Bank’s
2005. US$54.1 million was pro-
vided to Jamaica to continue
construction of a coastal high-
way, and Guyana received
US$5.6 million under the High-
ly Indebted Poor Countries ini-
tiative.

Beyond the loans, equity and |

grants that it has made avail-

iable to individual Caribbean

countries, the Bank has also
provided support to regional
initiatives that may not have

materialised otherwise. For ;
instance, the CDB raised the -

US$100 million necessary to
finance the Caribbean Court of
Justice (CCJ).

The CCJ is the court of orig-
inal jurisdiction for disputes
between signatory countries of
the revised CARICOM Treaty

and is now the Court of final,

appeal for Barbados and
Guyana. If constitutional
changes are accepted by a ref-

lending in.

Weer

ed WO OOO

erendum in each of the other ©

CARICOM countries, the CCJ

will replace the British Privy «
Council as the final appellate |

body for those countries as well.

“Apart, from the CCJ, the

to the Caribbean Regional
Negotiating Machinery

‘ (CRNM), the group that under-

takes the region’s technical
trade negotiations with other
countries and regions and with-

‘in the World Trade Organisa-

tion.
The Bank has also played a

‘CDB also provides assistance

central role in the formulation |

of the Regional Development
Fund whose establishment
came to be a key condition of
the Leeward and Windward
Islands of CARICOM joining
the Caribbean Single Market
which was started by Bz. vados,
Belize, Guyana, Jamaica, “vuri-

nam and Trinidad and Tob:_9 ©

in January this year.

The CDB proves that, once
Caribbean institutions adhere
to international standards and
best practices, they can gain
international respect while ful-
filling their obligations to the

countries for whose benefit they :

were established.

Responses to: ronald-
sanders29@hotmail.com

YOUR CONNECTION®TO THE WORLD

TENDER — APPRAISAL OF
BUILDINGS AND LAND

The Bahamas Telecommunications Company Ltd. (BTC) is
pleased to invite Tenders to provide appraisal of its Buildings and

Land.

Interested companies/firms in Nassau may collect a Tender
Specification from the Security’s Desk located in the Administrative
building on John F. Kennedy Drive; Nassau, Bahamas between
the hours of 9:00 a.m. and 5:00 p.m. Monday through Friday.

Packages can also be collect in Freeport, from the Security’s desk,
BTC, Mall Drive.

The deadline for submission of tenders is 5:00 pm July 17th,

2006.

Tenders should be sealed and marked “TENDER —

APPRISAL OF BUILDINGS AND LAND” and should be
delivered to the attention of the Acting President and CEO, Mr:
Leon Williams by the above date and time.

BTC reserves the right to reject any, or all Tenders.



Y
THE TRIBUNE



MONDAY, JUNE 26, 2006, PAGE 7










@ PICTURED (left to right): Shantell Collie; Gregory Collie; Edward
Hutcheson; Paul Shaw; Makeisha Campbell, marketing and graphics, John
Bull; Robert Munroe; Arthur Morris; Leroy Jones; Glendina Minus and

Bridgette Williams.

14-year-old’
portrait of drugs
and Bahamas

AN outrageous original script
about a likable drug dealer liv-
ing in paradise, penned by 14-
year-old Bahamian Arthur
Diennet is raising eyebrows in
some quarters.

Bahama Joe is “the wacky
story of a drug dealer and his
two friends who try to unite the
east and west-side dealers —
much to the displeasure of a
drug lord. ~

“Set in the sun-soaked
Bahamas, this script is as hilar-

-iously rude as it is original,” one

report said.
Rowdy and inventive, the

Creative Play.

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script Bahama Joe has an
unusual pedigree. Written by
teenage wunderkind and
Bahama native Arthur Dien-
net, the script tells the rollicking
tale of Conky Joe, a drug deal-
er on a wild mission. Tired of
the fighting among the east side
and west side dealers, Joe’s
dream is to get everyone to
agree to combine both territo-
ries into one big area he calls
the “Weast Side.”

But will a determined drug
lord stop Joe and his buddies
in their tracks? And can Joe
ever manage to get together

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LOCAL NEWS

TEN lucky dads have walked away
big winners during the John Bull
Father’s Day Scavenger Hunt.

Participants set out to prove that their
dad was indeed the perfect ten as they
worked steadily, gathering points from
visits to the Bay Street, Mall at
Marathon, Harbour Bay and Palmdale
locations, as well as a number of the

Top ten
- John Bull c





La Par-

John Bull Business Centre,
fumerie, Gucci and Guess.
Leroy Jones came out on top, receiv-
ing a $1,000 John Bull Gift Card and
other fabulous prizes courtesy of John
Bull, Tommy Bahama and Burberry
fragrances. The other nine top score

dads took home $500 gift packs, inclu-
sive of a $350- John Bull gift card.
Leroy Jones exclaimed, “I don’t know

1amed in:





‘tition

how to feel right now, I didn’t even
know I was a winner until my daughter
brought me here today!”

The hunt climaxed with pre-Father’s
Day activities at the John Bull Harbour
Bay location, the final drop spot for the
Scavenger Hunt Game sheets. A “Make
a Card for Dad” craft table, sweet treats
and in-store giveaways were provided
for the event.

a ea Re OS



Full of outlandish jokes and

John Bull owned stores including the







Under the Distinguished Patron
o Marguerite Lady Pi ndling_

with Ashley, the gorgeous
daughter of a hotel magnate?
A spokesman for the book
said: “This is a ribald portrait
of Paradise, seen through the
eyes of young local Diennet.



tae ie sae eee Sw De ee ee ee Re

sight gags, and ripping with
comedic energy, Bahama Joe is
the debut of a young new tal-
ent.”

Bahama Joe is available for
sale online at Amazon.com,
Borders.com, BookSurge.com,
and through additional whole-
sale and retail channels world-
wide.



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PAGE 8, MONDAY, JUNE 26, 2006 ws iS Aa Tha
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THE TRIBUNE

MONDAY, JUNE 26, 2006, PAGE 9



LOCAL Nay



Public speak their
~ minds on BEC





@ GREG Lampkin said: “1
have an issue with the public
being drawn into these
industrial matters.”





@ ROGAN Huylerforbes said:
“The government needs to get
things into place.”



* PRESIDENT of the BEWU
Dennis Williams claimed on
Thursday that union members
were being forced into a serics
of “massive industrial actions”
by BEC.

He also said that power out- ,

~ages could result from any
action taken by the union mem
bers

Several power cuts ovet the
past two weeks have raised the
ire of many. Bahamiuans, and
yesterday The Tribune took to
the streets to get responses to
Mr Williams’ announcement.

Most persons interviewed
were highly concerned about
the length of time the hostility
between BEC staff and man-
ayement could lasi— as they do
not-want more power cuts.

On the other hand. a small
percentage of those interviewed
said they believe the BEWU
should take “any actions neces-
sary” it the members are justi-
fied in their concerns.

“{ have an issue with the pub-







The Tribune wants to
| hear from people who

} on 322-1986 and share
your story.

Tee

kit DRESSING THE WORLDâ„¢

une 29th

thru

June 30th

SUERTE PSR GEC TSI RUSE SRN TSN RS CRE

share your news

are making news in their
neighbourhoods. Call us

lic being drawn into these indus
trial matters said populai
radio personality Greg Lamp
kin. “The public is being made
to pay for disputes that don’t
concern us.”

Mr Lampkin complimented
BEC for its continued commit
meni ie providing voud scivict
ID Mis COustiluelicy, Dui said a
speedy roseuution ts accded ta
the stand-out

Restaurant manager Eamon
Adderley said: “These things
get out of hand, and in the end
only the people suffer.

“We lose expensive equip
ment we've lost appliances
because of power outages ti the
past. | dont capert a mnacic
from the goverament, but some

thing needs:to be-dane,” he said...

Dave Sinclan said “The pow
er hasn't been off in the past
week, so that’s an improvement.
I hope the claims aren’t true, as
the people suffer because of
these actions.”

“Pve been having power cuts







are mac.

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BEAMON Adderley said: “I
don't expect a iiracie out of
ihe government, but
something needs to be done.”

almost every day.” said Rogan
Forbes. “It’s bad enough with
out all-the quarreling and
threats. The governmeni needs
to get things into place.” she
said









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erzner
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KERZNER International’s
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Bahamians — 20-year-old
Kayshannique Collie, and 18-
year-old, Renaldo Neely to
study at the prestigious Elmira
College in New York.
Kayshannique, an employee
at Kerzner’s One&Only Ocean
Club on Paradise Island, has
been awarded a two-year schol-
arship. She will complete her
Bachelors degree in Theatre
Business at Elmira College.
Kayshannique is a former grad-
uate of the College of The
Bahamas, where she successful-
ly obtained an Associates degree
in Law and Criminal Justice.



college

Collie hopes to some day open a
local business in the Bahamas.
Renaldo, one of three chil-
dren of Paula Neely, an Admin-
istrative Assistant in Atlantis’
Resort Call Centre has been
awarded a four-year scholarship
to pursue his Bachelors degree
in Bio-Chemistry at Elmira Col-
lege. The former,Deputy Head
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Andrews School hopes to

become a trauma doctor.
Karen Carey, Kerzner Inter-
national’s senior vice-president
of Human Resources said, “We
are just so delighted to have

THE TRIBUNE
















f@ KERZNER sends two young Bahamians to study at Elmira in
New York. Pictured left to right are Beverly Saunders, Kerzner
International’s vice-president of Organisational Development
and Training; Kayshannique Collie, scholarship recipient and
One& Only Ocean Club employee; Renaldo Neely, scholarship
recipient with his mother Paula Neely, an administrative
assistant in Atlantis’ Resort Call Centre, and Karen Carey,
Kerzner International’s senior vice-president of human
resources.



(Photo: Kerzner International)

experience as they possibly can
and come back home and make
a difference in the Bahamas in
their desired career field.”
The recipients were required

selected two outstanding stu-
dents who are deserving of this
award. Kerzner International’s
Elmira Scholarship programme
has been going on for a long

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time and we feel that it is worth-
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Beverly Saunders, Kerzner
International’s vice-president
of Organisational Development:
and Training, added, “We are
excited to be able to offer this
scholarship. Kerzner Interna-
tional’s interest is in building.
talent and building leaders in
our nation. So whether they
return as employees of Kerzner

‘International or decide to pur-

sue a career field other than
tourism, we strongly. recom-
mend that they get as much

to have attained a 3.0 grade point
average (GPA) upon comple-
tion of high school or two year
associate degree programme.

“T am extremely blessed to
receive this scholarship for my
son Renaldo and really thank
Kerzner International and God
for giving him the opportunity
to further pursue his educa-
tion,” said a teary-eyed Ms
Neely, Renaldo’s mother.

“This is truly a blessing,” said
Kayshannique. “If it wasn’t for
Kerzner International it would

‘have been more of a challenge

for me to obtain a scholarship
that would pay for me to fur-
ther my education.”

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THE TRIBUNE

THE executive board at the
Ministry of Education, Science
and Technology has welcomed
a new face to their organisation.

The ministry announced that
Owen Bethel has succeeded Dr
Davidson Hepburn, who has
been chairman of the Bahamas
National Commission Board for
the past seven years.

The meeting of the National
Commission opened with a
prayer and welcome by Mr Hal-
dane Chase. Mr Chasc, who
represented Minister of Educa-

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tion Alfred Sears, who, he said
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he was "engaged in an unex-
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the late Livingstone Coakley."

Mr Chase introduced Mr
Bethel as the incoming chair-
man of the Bahamas National
Commission Board (BNC) for
the United Nations Education-
al, Scientific and Cultural
Organisation (UNESCO).

He praised Bethel for his
accomplishments, and for serv-
ing as the Bahamas represen-
tative to the Executive Board
of UNESCO.

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LOCAL NEWS

Owen Bethel succeeds Dr Hepburn at ministry

He said that UNESCO cele-
brated its 60th anniversary, hav-
ing been launched in the after-
math of World War II.

Helpful

He noted how helpful
UNESCO has been to the
Bahamas. He said it has assisted
the Ministry of Education in
funding to develop the scope of
its human science resources in
the crucial area of HIV/AIDS
education. It has also agreed to
advise the Ministry in increasing
school literacy. _

Chairman Bethel thanked
Mr Chase for his remarks and
said how keen he was to take on
the chairmanship of the
Bahamas National Commission
for UNESCO.

with the Commission and mov-
ing forth with the agenda pro-
posed by the government," he
said. 4

This was followed by a pri-
vate meeting for executive
board members to address its
agenda with the new chairman.

Among the topics discussed
were a proposed institute for
small island developing states, a
draft proposal for reconstruct-
ing the National Commission,
and adoption of the minutes of
the January 19 meeting.

According to Mr Chase, a
UNESCO Reading Room will
be constructed before the end
of this year.

"We hope to expand the
offices of the national Commis-
sion at Ministry Headquarters,
as we seek to serve a wider pub-



lic and embrace a more expand-
ed membership," he said.

BIC gets the
bird for the BHS

INSPECTOR Percy Grant, of The Bahamas Humane Society,
was called to the parking lot at the Fleming Street Clinic on
Thursday as bystanders were concerned about a bird tangled in
string in a tree more than 20 feet above ground.

It was not possible to reach the bird, a “Smooth Billed Ani”,
commonly known as a crow or blackbird, so Inspector Grant
phoned BTC to see if they could help the distressed bird.

Inspector Grant was delighted that not only did BTC respond
immediately by sending one of its elevated platform trucks,
but the truck’s driver, Henry Adderley, was keen. to under-
take the rescue. inspector Grant said: “This man was so kind and
helpful he was:a credit to BTC, to whom we and the bird are
indebted. If it wasn’t for the quick thinking.of Nurse Elza
Behrens, who called us, and the immediate and humane
response of BTC, the bird would have died in agony.

“It is heartening,” he said, “to see individuals take the trou-
ble to really help a suffering animal instead of just walking
by.” ;
The bird had become entangled in a snagged kite string. The
Bahamas Humane Society urges anyone flying a kite to do so in
an open space away from trees and overhead cables not only for
their own safety, but also to show consideration for wildlife.

“Anyone who fishes should not discard fishing line and hooks
as these also cause untold suffering to birds, sea mammals and
other animals,” said Inspector Grant. “Please remember litter
kills animals,” he added.

It was a happy ending as the bird had all remnants of string

"I look forward to working



-removed and apart from shock and bruising it made a full

recovery and was later released.









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We are pleased to advise that a Dividend of $1.50 per,
share shall be paid to Ordinary Shareholders of record
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+ 21st June 2006.

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Company Secretary



8. me ae he

‘The survey requires that businesses and institutions provide
the following information:

Number of Employees

Wages and Salaries

Annual Hours Worked
Revenues and Expenditures
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PAGE 12, MONDAY, JUNE 26, 2006 | THE TRIBUNE ©...

LOCAL NEWS

Minister views
new dock

LONG CAY — Minister of | Gray, Bahamas Agricultural and
Local Government and Consumer Industrial Corporation (BAIC)
Affairs V Alfred Gray and other Consultant Benjamin Rahming,
government and local government _ parliamentary secretary in the Min-
officials viewing the new 45-foot- istry of Finance. and BAIC chair-
long concrete dock on the south man, Michael Halkitis and Family
















side of Long Cay, on June 22. Island Administrator Allison Dele-
Pictured, from left, are Local veaux.
Government and Consumer Affairs (BIS photo: Eric Rose).

Consultant Elton Williamson, Mr







17 residents, :
graduate
from straw ..
training ©
programme. * ;

He
1








COLONEL HILL, Crooked —
Island, The Bahamas — =A
Crooked Island residents and_,
handicraft stakeholders Ais
viewing products made by .-,.
graduates of the Crooked IS
Island Handicraft ‘Straw’ oles
Training Programme atits- °, >
graduation ceremony, on June «° +
22, 2006. The Bahamas eye!
Agricultural and Industrial © °° '
Corporation (BAIC), in hates
conjunction. with The Local «'"'
Government Council, held the.‘
programme in Colonel Hill, © J
where 17 residents graduated
with the knowledge of
manufacturing various ‘straw’
products. :

(BIS photo: Eric Rose)

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THE TRIBUNE





FROM page one

She continued: “After the
minister, comes the permanent
secretary, who is the adminis-
trative head, and then the
Director of Education, who is
the technical/professional head.
In that order, they have respon-
sibility:to the minister, and the
Permanent Secretary is respon-
sible for guiding the minister,
who is in the position for the
time being.

“The director,” continued
Dame Ivy, “ought to have
access to the minister in his or
her capacity as a technical offi-
cer.”

However, in recent years, a
“breakdown” in communication
among the three top adminis-
trators at the agency has seem-
ingly gone unchecked, leading
to what one observer calls a
“crumbling” in the educational
system.

Last week, North Eleuthera
MP Alvin Smith alluded to lead-
ership trouble at the Mimstry:
when he said: "What has hap-
pened under the ministership
of Alfred Sears is that Mr Sears
has chosen to just ignore, for
the most part, the Director of
Education.”

He went on to say: “The
director over the last three-and-
a-half years has not been
involved in the process of
improving the educational sys-
tem because the relationship
between the director and min-
ister has been so strained that it
has impacted, negatively, edu-
cation.”

The Director of Education
has refused to comment on
what some have called a “tug-
of-war,” only saying that since
2003, she has not been as visible

_as in the past.

Therefore, with the person
responsible for the technical and
professional aspect of education
“out” of the picture, the minis-
ter and the permanent secretary
are the top two administrators
at the education agency left with
final decision making powers.

It has been under this admin-
istrative management team that
education seems to remain at a
level that some have described
as “stagnant.”

On occasions when the per-
manent secretary has been
called on by the Minister to
answer questions on behalf of
the agency, the permanent sec-
retary has remained silent,
prompting the Minister on one
occasion to say: “I do not under-
stand why he would not-sit
down and discuss these issues.
He should have all of that infor-

a

3 S
ae

aE

Dame Ivy on
education

mation at his fingertips. Pre-
cisely how and what was used
and what it was used for, he
should be able to discuss all of
that.”

It has been suggested that the
Minister himself has experi-
enced difficulty with the per-
manent secretary when it comes
to the implementation of edu-
cational directives.

One former administration
insider at education said: “The
permanent secretary, properly
utilised, ought not to have his
fingers dipping in the profes-
sional educational side at all.
His is a strictly administrative
role.”

“The Director ought to have
access to the Minister in his or
her capacity as a technical ofti-
cer, and should not have to be in
any ‘way circumscribed or pro-
scribed by the actions and activ-
ities of the permanent secretary.

“The apparent crumbling of
the educational system had to
have been expected because the
exclusion of the director does
not redound to the benefit of
the system.”

_ Ina speech given to the Pri-
mary Principals’ Association
Teacher’s s Appreciation Ban-
quet entitled, “Transforming
Education Through Visionary
Leadership,” Permanent Secre-
tary at the Ministry of Health
and National Insurance Mrs
Elma Garraway said: “It goes
without saying that educators
willing to take a leadership role

in reforming our schools must:

have integrity, good people
skills, and all the organizational
skills needed to manage a large
and growing enterprise ... com-
bined, with a no excuses attitude
when it comes to academics.”
In addition to Mrs Gar-
raway’s suggestions, last week
the Executive Director of the
Chamber of Commerce
weighed in on, among other
things, the leadership role in

education, saying: “We do not

have to study the educational
system anymore. We.are at the
point where we do not need to
do another IDB or national
study on the state of education.
We all know it, as we see it
every day.

“We have spent a quarter of a
billion dollars on education
every year,” the Chamber direc-
tor said. “What it is, is that it

‘just requires leadership. That’s

all it is.”



LOCAL NEWS

FROM page one

tion on the opportunities in the
project in which Bahamian con-
tractors were able to partici-
pate.

He told contractors that in
March this year a “call of inter-
est” was issued to invite trade and
specialty contractors. In addition,
he stated, a “call of interest” was
also open for civil engineering
works in April 2006. These
included more than 100 areas of
specialty; asphalt paving, struc-
tural steel work, well drilling ser-
vices, wood-flooring installation,
shelving, marina construction,
shutter protection and structural
steel work.

Interested businesses were
invited to complete a pre-qualifi-

cation form, and provide a letter

from an insurance company stat-
ing the company’s liability limits,
as well as a letter from a nation-
ally recognized Surety Company
stating the contractor’s available
bonding capacity in The
Bahamas. They were also
required to provide an overview
of information, providing capa-
bilities, manpower, equipment
that would be of particular use to
the project.

“We gave this project exten-
sive promotion in the media,
using every avenue, ensuring that
Bahamian contractors knew of
the opportunities at hand, and
took advantage of them.

“We were pleased with the

response. received from local con-

tractors in New Providence and
the Family Islands. Already, we
have a pre-qualified list of con-
tractors for a number of projects,
including the commercial village,
road works and renovations to
the Radisson Hotel. Additionally,
Baha Mar has awarded more than
85 contracts in the casino and
casino towers in all areas from
plumbing, electrical, tiling, paint-
ing, landscaping and local build-
ing supplies with a focus on part-

nering with small entrepreneurial |

Bahamian companies,” he said.

To date, Baha Mar has spent
$16 million on the improvements
and renovations fot the Radis-
son, Wyndham and Nassau Beach
Hotels.

There will be an additional $80
million allocated for the renova-
tion of the Radisson Hotel. Some
of the renovated features include
$1.4 million spent on information
systems and 150 rooms added to
the Radisson.

Seven million dollars has also
been earmarked for a complete
renovation of the Crystal Palace
Casino in addition to improve-
ments already made to lobbies,
restaurants and meeting rooms.

Mr Sands reiterated Baha
Mar’s economic impact to the
country’s gross domestic product
and jobs that this project will gen-
erate.

“The Bahamas is poised to
become home to the most unique
resort destination in the
Caribbean. It also means that
within its first full year of opera-
tion from December 2010 to 2011,
the resort will contribute nearly
$400 million to GDP, adding 6.5
per cent to the Bahamas’ current
gross domestic product.

“The resort will sustain over

5,000 direct permanent jobs at,

full operation and indirectly gen-
erate another 2,525 jobs within
suppliers and other parts of the
economy for those who have the
drive and initiative to offer first
class, consistent products and ser-
vices to Baha Mar in relevant
areas of operation,” he said.

The $2 billion project will fea-
ture prestigious hotel brands that
are internationally. renowned,
including St. Regis, Sheraton,
Westin, W Hotel and Caesars
Hotel.

The St Regis will offer a five:

star, exclusive experience to Baha
Mar guests. The hotel will fea-
ture 200 rooms, 100 residential
condos, Remede Spa and meeting
space.

Sheraton will create a 700-
room hotel with meeting space
and easy access to shopping, gam-
ing and the beach.

Westin features a 700-room
hotel, centrally located in the
podium, the resort corridor at
Baha Mar, with easy access to
shopping, gaming and the
beach. The hotel will also feature
meeting space and. the
Caribbean’s largest spa.

It promises to bring its con-.

temporary and stylish approach
to Baha Mar. The 200-room hotel
will also include 100 residential
condos, Bliss Spa, fitness centre
and ultra lounges.

Caesars will be a 1,000-room
luxury casino hotel with signature
restaurants and entertainment.
The hotel will also have the
Caribbean’s largest spa, a 100,000
sq. ft. casino, and meeting space.

Nicklaus Design will create a

“new 18-hole Signature Course,

the highest tier of the company’s
design offerings. The course, the
only one of its kind in Nassau,
will be an integral part of Baha
Mar’s phase one develop-
ment. Under the agreement,
Baha Mar may commission Jack
Nicklaus to create additional Sig-
nature courses‘either on-site or
at a convenient off-site location.

MONDAY, JUNE 26, 2006, PAGE 13

FROM page one

They then beat the man, stole cash, a shotgun and a quanti-

ty of shotgun shells.

Inspector Mackey said the culprits tied up the victim using
duct tape and fled the scene in the victim’s red Cherokee SD
839. She said the victim was able to attract the attention of

‘

Baha Mar Businessman robbed ©

two persons passing his home, who assisted him.

The businessman reported the matter to the police at
about 10.50am. He was later taken by ambulance to the

Rand Memorial Hospital for medical attention.

The Police are asking anyone with any information on
the matter to contact police at 911, 352-9774/5, 352-9191, 350-

3016.

edith ae nee Paps taecstea te

PLVa eS, yirae
(242) 393 6073



Public Utilities Commission



PUBLIC CONSULTATION

Proposed Interconnection Guidelines

The Bahamas

The Public Utilities Commission (PUC) hereby invites comments from licensees |
and other interested parties on its public consultation on Proposed Interconnec-
tion Guidelines For The Bahamas.

The goals of this consultation are to:
(a) inform licensees of the PUC’s expectations in relation to interconnection
negotiation, principles to be reflected in interconnection offers to be developed
by the Bahamas Telecommunications Company Ltd. (BTC) and agreements
negotiated between BTC and Other Licensed Operators of voice networks and

systems;

(b) describe the PUC’s approach to resolving interconnection disputes; and

(c) invite comments from licensees and other interested parties on the proposed

guidelines.

The legal and policy framework for.interconnection comprises:
(i) The Telecommunications Act, 1999;
(ii) The Telecommunications Sector Policy (TSP), as amended October 2002;

and

(iii) Licences currently held by the BTC and Systems Resource Group (SRG),
trading as IndiGO Networks.

Copies of this Public Consultation Document may be obtained from the PUC’s
office located in the Agape House at Fourth Terrace, East, Collins Avenue,
Nassau, The Bahamas or downloaded from the PUC’s website at
www.pucbahamas.gov.bs. Written comments shouid be submitted by July 31,

2006 to:



Mr. Barrett Russell, Executive Director

Public Utilities Commission

Nassau, Bahamas.
Telephone 242-322-4437
Fax 242-323-7288

Email: Info@PlicRahamas.gov.bs. .

P. O. Box N-4860, Fourth Terrace, East, Collins Avenur




i€ 14, MONDAY, JUNE 26, 2006







Ceremony for
Sister Mary
Benedict Pratt

SISTER Mary Benedict
Pratt surrounded by her fel-
low sisters during her Instal-
lation to Third Prioress. The
ceremony took place at St
Martin’s Convent on Friday.

(Photos: Onan
Bridgewater)

BEAT THE HEAT

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One gift, above all others
God gives to us to treasure
One that knows no time, no place
And one gold cannot measure

The precious, poignant tender gift
Of Memory......that will keep
Our dear ones ever in our hearts
Although God gives them sleep

It brings back long remembered things
A song, a word, a smile
And the world's a better place ... because
We had them for awhile!

~Author Unknown~

Maysie quietly left us on June 15, 2005
We love her and sorely miss her.

From her children — Ella, Wesley, Anthony &
Smiley; her grandchildren and numerous family

members and friends.

a

Preval head
for Miami

HATIAN President Rene Preval
speaks during a press conference
moments before embarking on a trip to
the United States and Europe at the inter-
national airport in Port-au-Prince, Haiti,
Sunday, June 25, 2006. Preval will travel
to Miami to attend a Second Annual
Haiti Tourism and Economic Develop-
ment meeting and also to Belgium and
France to meet with government officials.

(AP Photo/Ramon Espinosa)

THE TRIBUNE

















NCE “LARRY” EVERETTE
EVANS

BORN: November 20th, 1961.
DIED: June 19th, 2006

LAW

Lawrence “Larry” Everette Evans, age 44, passed away Monday morning,
19, 2006. Larry was born in Nassau Bahamas on November 22nd
ee emor’s Harbour Primary School in Eleuthera.

























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| MONDAY, JUNE 26, 2006

SECTION



' business@tribunemedia.net



@ TOURISM MINISTER On WILCHCOMBE

\

‘he Tribune —

Miami Herald Business, Stocks, Analysis, Wall Street

Government seeks
Royal Oasis sale
‘within 60 days’

@ By NEIL HARTNELL
Tribune Business Editor



he Government
is still hoping the
Royal Oasis sale
is completed in
“no more than 60
days”, The Tribune was told,
although the US private equity
firm controlling the resort’s
destiny is still playing ‘hard-
ball’ in an effort to wrest more
concessions from the adminis-

‘But host of issues remain to be resolved,

making deadline unlikely

“a potential buyer” of the Roy-
al Oasis in Florida yesterday~
morning to “go over” several

. issues that remained outstand-

ing in relation to the stricken

property’s potential sale. —
‘However, completion of the’

sale. still seems as far away as

tration. ©

- FILE photo)

- Obie Wilchcombe, minister
of tourism, told this newspa-
per that he was meeting with .

ever, with the Government and
Lehman Brothers’ private

equity arm, which is the de fac-
to owner ‘of the Royal Oasis

}

Baha Mar: $205m works to start July 1

BAHA Mar Development Company is
planning to start $205 million worth of
works on its Cable Beach development
project on July 1, kick-starting in earnest a

project that has generated much debate .

among Bahamians as to “whether it will

“happen”.

Robert Sands, Baha Mar’ s vice-presi-
dent of administration and external affairs,
told the Bahamian Contractors Associa-
tion. that the project was moving “full
speed ahead”.

He said: “Beginning July 1, which isa
few days away, we will be starting works

totalling more. than $205 million. These
works will be completed by local contrac-
tors who responded to our call of interest
and have all been pre-qualified.

“We have decided to undertake these

works in phases so that there will be min-

imal disruption to our hotel operations,
and that the jobs of employees at Cable
Beach Resorts will be protected.”

Mr Sands said that in March 2006 a ‘call

of interest’ was issued to invite trade.and
specialist contractors to bid on aspects of
the Cable Beach revamp. A ‘call of inter-
est’ was also open for civil engineering

works in April 2006.

These included more than 100 specialist
areas: asphalt paving, structural steel work,
well-drilling services, wood-flooring instal-
lation, shelving, marina construction, shut-
ter protection and structural steel work.

Interested Bahamian businesses .were
invited to complete a pre-qualification
form, and provide a letter from an insur-
ance company stating company’s liability
limits, as well as a letter from a nationally

SEE page 6B

Piem ola A emia
for secure RETIREMENT SERVICES?

cromet

Colina.

Financial Advisors

BUSINESS TECHNOLOGY

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via the mortgage it holds on
the property, yet to consum-
mate a deal with either of the
two, remaining bidders.

Mr Wilchcombe told The
Tribune he was confident the

. buyer he was meeting with was

“willing to proceed”, adding:
“We’re hoping that everything

is done in no more than 60 :

days.”

That, ous may be opti-
mistic given the number of out-
standing - and expensive issues
- yet to be settled.

While Lehman Brothers fad
agreed to reimburse the Gov-
ernment with the $5 million it
had paid out to assist former
Royal Oasis employees as sev-
erance pay, Mr Wilchcombe
acknowledged that still to be
decided was who - and how -

‘the sums still owed to the Gov-

ernment, Grand Bahama Port

Authority and private Bahami--

an businesses by the resort
would be settled.

The minister said the total
sum involved was “in the $20
million range”, and that the
Government was attempting
to resolve the issue to the sat-
isfaction of all parties.

Most of the money owed to :

the Government is in casino

‘taxes, which in January. 2005,

amounted to $13 million. A
further $2.7 million at that

point in time was. owed to the

Grand Bahama Port Authori-
ty and its companies, some $2.5
million was owed to the
National Insurance Board
(NIB), and $55,000 to Grand
Bahama-based suppliers.

One of the two bidders still
seeking to purchase the Royal
Oasis is understood to be Har-
court Development, the Irish-
based real estate and property
developer, which is develop-
ing a luxury condominium
complex on-Grand Bahama. It
also owns the Carlisle Bay
Hotel in Antigua.

The identity of the other

SEE page 7B

Land owners urged —
to seek joint ventures

@ By NEIL HARTNELL
Tribune Business Editor



BAHAMIAN land owners

‘should use their holdings to

obtain an equity position in an
investment project rather than
simply just sell-up when
approached by a developer,
the minister of tourism argued,
believing this will aid domestic
ownership of this nation’s
largest industry.

Obie Wilchcombe told the
House of Assembly said
Bahamian landowners needed
to consider joint ventures with
developers and taking equity
positions in their projects, as
this would provide a long-term
source of profits and reduce
the leakage CP tourism dollars

Offering the latest technology for todays: i
business, with the experience and know-how
to make it all oe seamlessly together.

P.O. Box SS-6270 Nassau, Bahamas

3040 Fax: 242. 328. 3043 oat os eae

ON www.mictOnet bs





Casino
thikecmey

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ae

@ By NEIL HARTNELL: ©
Tribune Business ~~
Editor



ISLE of Capri Has:
“accrued” $1.2 million’in
severance payments for
staff at its Our Lucaya casi-
no, having taken a $2.4 mil-
lion impairment hit during:
the 2006 fourth quarter due
to its decision to pull out of .
its Grand Bahama opera-,
tion. =
. In its fourth quarter and-
full-year results statement,
Isle of Capri said it had paid’ ||
a $2.2 million termination. |
fee to its landlord, the
Hutchison Whampoa-
owned Our Lucaya hotel,
as a result of its decision to.
cease operating the resort’s
casino by June 1, 2007, next
year.

Isle of Capri cuteness
employs between 250-280:
staff, and the $1.2 million is:
likely to be shared between:
them if no other operator.
can be found to take over
the casino before June 1,
2007.

Isle of Capri said: cat
‘Isle-Our Lucaya, in con-.
junction with the termina
tion of its lease, the come |
pany paid a $2.2 million fee.

_ to its landlord, which will
be expensed in the first
quarter of fiscal 2007.

“Based on projected cash
flows and government reg-
ulations, we have recorded
an impairment charge of
approximately $2.4 million
and have accrued $1.2 mil-.
lion for severance payments
in the fourth quarter of fis- |
cal 2006.”

Isle of Capri said it had.
the options of either clos-: |
ing the casino or selling it its:
tights and operations to- as
rival operator. However,,
Obie Wilchcombe, minister; |

of tourism, said previously:
that the Government was:

‘confident of finding‘ a:
replacement operator and. |
had been talking to inter-

’

SEE page 9B : |

ts
’

L

£ *

,erees

17,4, 9.9539, 0,4, 4 3,

outside this nation’s economy.

He told the House; of
Assembly during the Budget
debate: “Bahamian landown-
ers who might be tempted by
what appears to be attractive
offers to purchase their land
should consider the option of
joint venturing [as opposed] to
selling, especially if such
options facilitate their retaining
future ownership in the pro-
jéct, regardless of whether it is
a mixed-use development dri-
ven by vacation homes/condo
hotels, marinas/docks condo-
miniums, etc.”

The minister then explained:
“By trading their ownership of

SEE page 4B






sf idehhl phe a eee a a eS a Moy 48
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2



PAGE.2B, MONDAY, JUNE 26, 2006



pe ah bebo ere re heoe?

hh ARMAARAAAKS

FEO H HRA

PETERS, ca

“Clearing Banks Association

i By Fidelity Capital
Markets :

eee eae e se

ee

NOTICE

The Central Bank of The Bahamas issued Guidelines on the
Prevention & Detection of Money Laundering for Licensees
(Guidelines) in October 2005. The Guidelines direct ligensees
to complete verification of existing clients by June 30 2006

_ in accordance with section 6(6) of the Financial Transactions
Reporting Act, 2000.

IN a sweltering hot week of
trading in the Bahamian. mar-
ket, more than 111,000 shares
changed hands. The market
saw 12 out of its 20 listed stocks
trade, of which six advanced,
three declined-and three
remained unchanged.

The volume leader for the
week was Commonwealth
Bank (CBL) with 27,683 shares
changing hands and accounting
for 24.8 per cent of the total
shares traded.

The big advancer for the

“week was Abaco Markets
(AML), increasing by $0.34 or
27.20 per cent to close at a new
52-week high of $1.59. On the
down side, Cable Bahamas

Failure to verify your facility may negatively impact the normal
operation of your account/facility..Customers are encouraged
to visit their respective Bank (s) to update unvenned
accounts/facilities on or before June 30"? 2006.

week at $9.21.
The FINDEX advanced by
0.49 points to close the week at

The following documents, in addition to your respective bank’s
verification documentation, are required for updating personal

accounts. 659.73.
: COMPANY NEWS
Official Current Photo for example:
Fidelity Bank

Current Valid Passport; (Bahamas) (BAB) -

Driver’s License;
‘or Voter’s Card

_. FOR the 2006 first quarter,
BAB posted net income of
$476,000, representing an
increase of $19,400 or 4.25 per
cent over the’ $456,000 earned

_in the 2005 first quarter.

Earnings due to sharehold-
ers was $464,000 versus
$449,000 year-over-year. Net
interest income increased by

Verification of Address for example:

Voter’s card;
Utility bill;
National Insurance Card ;or

4 total $1.7 million, while non-
Bank or credit card statement.

interest. income grew by
$174,000 or 27.4 per cent, to
total $808,000.

Operating expenses grew by
$219,000 or 12.9 per cent to
total $1.9 million compared to
$1.7 million for the compara-
ble period last year. Earnings
per share remained constant at
$0.03 year-over-year.

In the case of Corporate/Business accounts/facilities please
contact your nearest Bank for verification requirements.

Bank of The Bahamas Limited
Citibank N.A.
Commonwealth Bank Limited
Fidelity Bank (Bahamas) Limited
FirstCaribbean International Bank (Bahamas) Limited
Scotiabank (Bahamas) Limited
Royal Bank of Canada

FirstCaribbean
International
Bank (Bahamas) (CIB) -

HIKES in the US Fed Rate
continue to have a positive
impact on CIB's interest
income. For. the 2006 second
quarter, total interest income

- stood at $55.4 million, which

www.svitzerwijsmuller.com







ate WWw.wpo.ca
eae
® - :
<4 si FITS is a J/V company, 50/50 owned by SvitzerWijsmuller and South Riding Point Holding Ltd (World Point Terminals Inc.).
oa * FITS operates a fleet of 5 tugs, providing services in Freeport, South Riding Point and at times on neighbouring islands.
os Ee SvitzerWijsmuller has 2,500 employees and a fleet of more than 300 vessels, we provide towage, salvage and related marine
zs 4 services in over 35 countries worldwide, united around our purpose: to provide safety and support at sea. SvitzerWijsmuller
: is part of the A-P. Moller - Maersk Group. World Point Terminals Inc. and its subsidiaries own and operate approximately 21
- million barrels of liquid bulk storage and terminal facilities located in North America, Europe and the Bahamas. South Riding
i Point in Bahamas operates a crude oil storage facility with a total storage capacity of 5.25 million barrels.
Me & es = x i
Matt Freepoint Tug and Towing Services, Ltd (FITS). Freeport, Grand Bahama Island, Bahamas
oa a : : A ; 3 :
*
* bps THE POSITION . likely to retire and within this period the aim is for the
3° ‘ ie “s - The Assistant Operations Manager will assist the Operations. candidate to reach a level where he would be qualified
tata ee Manager in his responsibilities, which include: to potentially take this position or similar positions
a neat + . The day-to- day operations of the company / elsewhere in the SvitzerWijsmuller Group or within
ee Supervision of all tug operations (the Masters report . World Point Terminals Inc. Le
ey to the Operations Manager)
- * Meeting the high SvitzerWijsmuller and South Riding QUALIFICATIONS ;
+ Point Health, Safety, Environmental and Quality Minimum an Associate degree from a College

(preferably Maritime)

Minimum 2 years of operational experience as a senior
officer or ashore in a vessel epetadons department
Tug experience preferable

Good managerial and interpersonal skills, with initiative,
prepared to make a difference in a small operation

Requirements (FTTS is in the process of being ISM
and ISO certified)

Human Resources/Crew Management with an
emphasis on crew education and training

+. - Claims handling and insurance co-ordination
Relations with customers and authorities

_Ad hoc projects, including business development
CONTACT INFORMATION



. . 4 Furthermore, during the first 2 years, the Assistant Application with resume/CV to be sent to: Operations
oe Operations Manager will follow an education program, Manager Capt. Chester Turnquest, Freepoint Tug
ree consisting of both theoretical learning, on-the-job and Towing Services Ltd, #4 Milton Street, P.O. Box
x4 training and training visits to the Regional Head- F-43550, Freeport, Grand Bahama, Bahamas.
Sir quarters of SvitzerWijsmuller Americas in Miami as Tel. +1 242 352 3060. Mob. +1 242 727 0288.
«Fe well as to other locations. The training program will be Email chester.turnquest@svitzerwijsmuller.com.
< based on the starting qualifications of the candidate.
+ ; ‘ With copy to: Regional Operations Manager Carsten
‘ PERSONAL DEVELOPMENT OPPORTUNITIES Nygaard, SvitzerWijsmuller (Caribbean) Ltd, Lennar
‘. For the right candidate, the job offers significant career Corporate Centre, 790 NW 107TH Ave, Suite 400, Miami
et and personal development opportunities. Within the FL 33172, USA. Tel. +1 305 485 2124. Mob. +1 305 322
‘ coming 2-3 years, the present Operations Manager is 8077. Email carsten.nygaard @svitzerwijsmuller.com.
: :
* *





% | SvitzerWijsmuller



(CAB) lost $0.19 to end the’

$179,000 or 11.7 per cent to-

|
"| S&P500
B
1

See

THE TRIBUNE:





BISX

| SYMBOL PRICE

| AML $1.59. $0.34

| BAB $1.49 $0.13
BBL $0.80 $-

| BOB $7.23 $-

| BPF $11.75 $-
BSL $14.00 $-

| BWL $1.43 $0.13

| CAB... $9.21 $-0.19

| CBL $10.80 $0.10
CHL $1:90 | $0.09
CIB. —s- $12.43 $-

| CWCB $5.39 $-0.07
DHS $2.50 $-0.10
FAM $6.24 oe ge
FCC $0.95 $-0.08
FCL. $11.07. $0.07
FIN $11.50 $-
ICD $9.50 $-
ISI, $9.10 $-
KZLB $7.92 - $0.01
PRE $10.00 $-
DIVIDEND/AGM NOTES:

June 21, 2000.

record date June 27, 2006.

date June 30, 2006.



FOREX Rates

CAD$
GBP
EUR

Commodities

Crude Oil
Gold

| DJIA

‘| NASDAQ

Nikkei

| The Bahamian Stock Market
FINDEX 659.24 YTD 19.46%

CLOSING CHANGE VOLUME YTD PRICE

¢ Commonwealth Bank has declared a dividend of $0.12 payable
on June 30, 2006, to all shareholders as at record date June 15, 2006. |
° The Bahamas Property Fund has declared a dividend of $0. 20.
payable on June 30, 2006, to all shareholders as at record date | i

¢ Cable-Bahamas has declared a dividend of $0.06 payable on
June 30, 2006, to all shareholders as at record date June 23, 2006. |
¢ FirstCaribbean International Bank (Bahamas) has declared a |
dividend of $0.25 payable on July 5, 2006, to all shareholders as at |

¢ Benchmark (Bahamas) has declared a special dividend of |
$0.01 payable on July 31, 2006, to all shareholders as at record |

e Consolidated Water Company has declared a dividend of

$0.012 per BDR payable on August 8, 2006, to all BDR share- ||
holders as at record date June 30, 2006. 1 |

International Stock Market Indexes:

CHANGE
27683 117.81% |
5200 35.45% |
0 14.29%
0 3.29% ||
0 12.98%. |
0 9.80%

. 13576 13.49%
1071 -3,56%
10500 18.55%
2174 15.85%
0 14.25%
0 128% |
6000 15.21% «|
24000 2.64%:
11600 ~ -17.39%
7000 10.15%

- 2650 5.50%

0 452% |
0 0.55% |
107 15.62%:

0 0.00%



International Markets — |

Weekly Change
1.1234 -0.11
1.8177 175: 3}
1.2506 1.08
Weekly % Change
$70.85 1.40 |
$583.05 1,09: |
1
ak
Weekly % Change
|
10,989.09 -0.23 |
1,244:50 - -0.56 |
212147 0.40 |
15,124.04 164

ps eee



represents an increase of $10
million or 22 per cent over the
2005 second quarter, while
interest expenses grew by $4.9
million or 33 per cent to total
$19.9 million.

Net interest income was $35.4
million versus $30.3 million
year-over-year. Non-interest
income declined by $2 million

. to total $7.7 million.

Operating expenses grew by:
$1 million to total $15.4 million,
while provision for loan losses
increased marginally to total
$1.7 million.

As at April 30, 2006, total
assets stood at $3.8 billion,
which represents an increase of

,

$433 million or 12.9 per cent
year-over-year. Total loans
grew by.$588 million to total
$2.3 billion, as residential mort-
gages and business loans grew
by $115 million and $416 mil-
lion respectively.

Total deposits also grew by
$374 million or 13 per cent to
total $3.15 billion.

In related news, the Board
of Directors at FirstCaribbean
International Bank (Bahamas)
declared a dividend of
$0.25 payable on July 5, 2006, to
all shareholders as at record
date June 27, 2006. This is a
$0.05 increase in dividends
year-over-year.

2 Way Radio Sales Representative

2. Way Radio Radio
Repair Technician and
Mobile Radio Install

- Excellent oral and written
communication skills are essential as
position requires frequent interaction

with clients;
- Strong analytical skills;
- Knowledge of Microsoft Ward and Excel
applications and Quickbooks
- Ability to work in team concent

Intrested persons should serd resume
with a cover letter ta:

Personnel Department
P.O.Box CB 12385
Nassau, Bahamas




THE TRIBUNE



‘Bahamas Realty jo
Luxury Portfolio F

ns

Property Collectio

BAHAMAS Realty has
qualified and joined Luxury
Portfolio Fine Property Col-
lection, a marketing arm of
Leading Real Estate Compa-
nies of the World. (Leading
RE).

Mario Carey, Bahamas
Realty’s managing partner,
said in a statement: “Leading
RE firms sold over $400 bil-
lion of Collection property in
2005, more than any national
franchise, according to the Col-
lection’s records, including $80
billion in the $t million-plus
range. The organisation report-
ed getting more than 5,000 list-
ings in the over $1 million
range in its first 100 days, far
more, it says, than any. fran-
chise.

“What.we like about work-
ing with companies like the
Institute of Luxury Home
Marketing, Leading Real
Estate Companies of the
World and the Luxury Portfo-
lio Fine Property Collection is
that you are connected with
serious clients interested in lux-
ury destinations, and clients
who want to buy or sell the
world’s most exquisite, elegant,
romantic or rare properties.”

Mr Carey said networking
affiliations were better than
franchises, due to the broader
advertising reach they provid-
ed.

“The opportunities to par-
ticipate in multi-million adver-
tising campaigns in publica-
tions like Town & Country,
Veranda, the Robb Report,
Unique Homes and The Wall
Street Journal allow us to do
more for our clients,” he
added.

Interest in high-end propér-
ties in the Bahamas has never





inventory, etc.

Ardastra Gardens

requires a

Snack Bar Cashier

This is a full time position which requires candidates with
excellent customer service skills. Duties include operating a
cash register, minor food preparation, restocking and taking

Apply in writing ONLY (no phone calls please)

Send resumes to: Ardastra Gardens
“Cashier”

P.O. Box N-4882
Nassau, Bahamas

B MOST EXPENSIVE PENTHOUSE — Today’s high-end market requires real estate brokers



to upgrade market knowledge, skills and networks constantly. With an exclusive listing of a $15 mil-
lion full-floor penthouse at Sunnyside, above, in Lyford Cay, Bahamas Realty believes member-
ship of Leading Real Estate Companies of the World will help it market the property.

been greater, said Mr Carey,
who recently listed a $15 mil-
lion penthouse in Lyford Cay.

“We are speaking about
homes that sell for anywhere

from $1 million to $28 million,”

he said, “numbers that used to
make us wide-eyed in disbe-
lief.

Register For Pre-School,
Kindergarten, & Grade 1-6

Success Academy Offers:

*After School Care & Homework Supervision*
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*Dance Classes*
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(Snacks Available For Purchase)

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Telephone: 322-2169



“Today, in the Bahamas,
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market so you have to be pre-
pared. The family spending

(Photo: Roland Rose)

millions of dollars for a home
expects more than an incredi-
ble property. They expect
incredible service.”



ne§

iSuccessful applicants must:







MONDAY, JUNE 26, 2006, PAGE 3B

se

Pa ES WT 77

-

_ the #1 newspaper in CRE LU a
pee irae Be ee















Kingsway Academy Teaching Positions for September
2006

Kingsway Academy invites qualified High School
applicants for the follow positions for September 2006.

¢ Dean of Students who is also able to teach up to the
BGCSE Level ,

* Auto Mechanics and Woodwork

¢ Biology :

® English Language and Literature

_ © Food and Nutriton and Needlework
* Music
* Religious Studies and Bible/Christian values

Religious Studies Studies/History






* Be a practicing, committed. born-again Christian

« Have minimum qualifications of Bachelor’s Degree in |
the appropriate subject areas or higher from a
recognized college or university

¢ Have a valid teacher’s certificate or diploma where
appropriate

* Be willing to participate in extra curricular activates,
ete.



Applicants must be made in writing together with full curriculum vitae, a
recent Color photograph and names of at least three references, one being |
that of your Church Pastor to: .

Ms. Kelcine Hamilton :
Academy Affairs Manager 4 ace
P.O. Box N-4378 4
Nassau, Bahamas :

For further information, please contact the Business office

at telephone numbers 324-6269 or 324-6887.
DEADLINE FOR ALL APPLICATIONS IS
MONDAY, JULY 7 2006

a) Ore yen
www. indigonetworks.com °°


PAGE 4B, MONDAY, JUNE 26, 2006

chamber hoping to

‘stimulate’ more private
sector involvement on
international trade talks

possible full membership of the World
Trade Organisation (WTO).

Members







bargaining to achieve the most advanta-
geous position for the Bahamian private
sector. ,

She said that trade and other policy
negotiations should be based on informa-
tion and advice provided by the private
sector.

Among the trade-related issues facing
the Bahamas are the Caribbean Single
Market & Economy (CSME). the Free
Trade Area of the Americas (FTAA) and

THE Bahamas Chamber of Commerce
. is hoping to “stimulate” more private sec-
~ tor involvement and consultation on inter-
national trade talks affecting this nation.

Addressing

~ Addressing the Chamber’s ‘Mix and
Mingle’ event last week, president Tanya
Wiight said that when the Government
ws negotiating trade agreements, it was

‘ per cent of its members small or micro
businesses, needed to help those compa-
nies ensure they felt the benefits from the
economic growth the Bahamas was likely
to enjoy over the next few years.



‘AB! FINDS GIFT SHOP
Week Long Pre-Summer Sale
June 26 through July 8, 2006
50% off
AVM

in our FAB!
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Located in the Lyford Cay Shopping Center
Sale hours: LOam-4pm
Monday - Saturday

the longer term as opposed to
FROM page 1B cashing out prematurely.

“In addition, the project will
vices that would yield future
and growing profits that the
landowner or his/her heirs
should seek to participate in.”

Rather than viewing the
tourism industry as primarily
providing employment bene-
fits for Bahamian nationals, Mr
Wilchcombe said this country
needed more of its citizens to
become involved in manage-
ment, then as owners.

’ He added that the Bahamas

the land for an equity position
in the venture, they stand to
share in a much more equi-
table way in the profits over



past policies which, he said,
had caused Bahamians to
invest their savings and land
in small-scale hotels that did
not work.

Mr Wilchcombe said these
properties were often located
in the wrong place, and did not
meet market demands. This
had caused “a near 90 per cent
failure rate” among small
Bahamian-owned hotels.

He added: “Bahamian
investors should be encour-
aged to consider projects that
are, by design, intended to
compete at a world class level
in their competitive set and
abandon the thinking of going
second rate in order to min-
imise their investment or for

3 Bed/ 2 Bath Residence 2,854 sq ft situated on 1.85 acres
Located Queens Highway, Nicholls Town, North Andros.

For conditions of the sale and any other information, please contact:
The Commercial Credit Collection Unit
at: 502-0929 or 356-1608 Nassau, Bahamas

Interested persons should submit offers in writing addressed to: .
The Commercial Credit Collection Unit, P.O. Box N-75 18, Nassau, Bahamas
to reach us before July 215° 2006.





re Centre
WUMALES O

FSOOE

Tots E Edu









Profile:

Kendria Butler
Deputy Head Girl








hara Jervis

: . ristian Smuth
Head Girl






Analyssa

/, Ajani Rolle
Bullard

Deputy Head Boy ©








Jada eo
_ Jones jeft

Cireen
Jarents and Students

Go. Fight Your World

Chad
Lightbourne

Congratulations from Weachers,

BANK AUTOMATION SPECIALIST





Mrs Wright said the Chamber, with 75

likely require basic support ser-

should separate this plan from -

THE TRIBUNE







@ TANYA WRIGHT



“Bahamian investors
should be encouraged
to consider projects
that are, by design,
intended to compete
at a world class level
in their competitive
set and abandon
the thinking of going
second rate in order
to minimise their
investment or for
some other reasons.”

— Obie Wilchcombe

some other reasons.”

Mr Wilchcombe was voicing
his concern that the Bahamas
has the highest leakage rate
from tourist spending in the
Caribbean, with 85 per cent of
every $1 spent by a visitor to
these shores ultimately ending
up being spent outside this
nation.

To reduce this rate, the min-
ister preached Bahamian own-
ership of the tourism industry
and its spin-offs, calling for bet-
ter linkages to be developed
between the hotel sector and

= ) FIDELITY

Bank Automation Specialist

- Bachelors Degree
Key Responsibilities:

- Assist in implementing the bank's automation project
- Liaise with Service Centres to set up scanning process

= Scan days work and documentation from Service Centres
and accounting and operation areas

Knowledge and Skills

7 Attentive to detail
- PC Skills
- Some knowledge of bank processes and functions

- Ability to process high volumes of work accurately and
efficiently

Send resume no later than Friday June 30th, 2006 to:

The Human Resource Wirector

rideiny
51 Frederick Steet
P.O. Box N-4853
Nassau
tf 326, 3000

e-mail: careers@fidelitybahamas,com

(FILE phoio)

iq

[ert Roetochie ace
reese ¢ joint ventures

the private sector. I.

Mr Wilchcombe said that _
while traditional hotels were | "
becoming less attractive invest:
ment models, with visitors, .
switching to vacation ownel-.,
ship - such as timeshares, single ;
family residences and condo
hotels - as opposed to vacation...
rentals in traditional hotel,
rooms, this presented Bahami+ ~
ans with potential oppontuny:
ties.

Apart from dive resorts,
bonefish lodges and eco-_
tourism resorts, Mr Wilch+
combe said opportunities may
also exist in the health and
wellness market, through alter-
native therapy and nursing
homes for the aged: 4

Meanwhile, Mr Wilchcombé
said “critical mass” had to b
created to revive Grand
Bahama’s tourism industry,
with the island needing to dou-
ble its total arrivals base with: .
in five years to reach 1.2 mil
lion.

The minister said a~cassions -
were continuing with tt > major |
cruise lines over the relc»...tion
of Grand Bahama’s cruise =}:"D °
port to the Williamstown area.

The Ministry of Tourism his :
also appointed Kerry Fountain .
as its senior director for Grand
Bahama Island with effect:
from September 1, 2006.
















THE TRIBUNE





BUSINESS

Six Bahamians

in Taste of the



A SIX-strong Bahamian
team will be up against 15
rivals as it battles to win the
Taste of the Caribbean 2006
culinary competition in Mia-
imi this week.

: The Bahamian team, hich
won the bronze medal for
overall team efforts in the 2005
competition, will be contest-
ing a four-day event that
involves the team, menu, pas-
try and bartender categories.

The Bahamas team has
been organised by. the
Bahamas Hotel Association
(BHA), with support from the
Bahamas Culinary Associa-
tion, the Ministry of Tourism,
and the College of The
Bahamas School of Hospitali-
ty and Tourism Studies.

* Members of the team
include: team leader Wayde
Bweeting, Alpheus Ramsey,
evin Cox, Jason McBride,

and Executive Pastry Chef

racey Sweeting. They are
representing the Wyndham
Nassau Resort, Kerzner Inter-
national, Radisson Cable
Beach Resort and Lyford Cay.
. They are joined by Bar-

tender Frederick Cash, Wyn-

dham Nassau Resort.

For 33 years the hotel
industry has supported the
development of Bahamian
chefs.

More than 500 Bahamians
have completed the industry-
backed Apprenticeship Chefs
Programme, which has been a
cooperative undertaking of the
hotel industry, unions, the for-
mer Hotel Training College

and the Ministry of Education,
and with the College of The
Bahamas’ School of Hospital-
ity and Tourism Studies.
Earle Bethell, the BHA’s

president, said: “Over the past |

33 years we have developed a
vast pool of Bahamian culi-
nary talent.
“Today, we are seeing the
fruits of many years labour.
The successful results of

‘recent culinary competitions

internationally and regional-
ly, and the growing Bahami-
an influence on hotel and

restaurant menus, attest to the

_ return on our investments,
with industry’s share estimated

at several million dollars over
the past 33 years.”
The Bahamian team was

. supported by Continental

Connection, Bacardi and
Company, Prime Bahamas,
Nassau Hotel and Restaurant
Supplies, the Ministry of
Tourism, Lyford Cay Club,
Radisson Cable Beach Resort,
Wyndham Nassau Resort and
Kerzner International. ,
Each national team will

Legal Notice

NOTICE

PLYCEM CONSTRUSISTEMAS DE
CENTRO AMERICA S.A.

In Voluntary Liquidation

Notice is hereby given that in accordance with Section 137 (4) of
the International Business Companies Act, No. 45 of 2000,
PLYCEM CONSTRUSISTEMAS DE CENTRO AMERICA
§.A,, is in dissolution, as of JUNE 9th, 2006.

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

LIQUIDATOR





PUBLIC HOSPITALS AUTHORITY

VACANCY NOTICE
RISK MANAGER IL

Princess Margaret Hospital

Applicants are invited from suitably qualified person for the post of Risk Manager II, Princess
Margaret Hospital, Public Hospitals Authority.

Bachelors degree in Healthcare or Business, Administration with a minimum of two years relevant experience,
Proficient-ase of Personal computer Software including presentation graphics and
statistical + Teports. Experience in. health care environment preferred.

; ppticants must possess the following qualifications: -

ET he Risk Manager 11 must be able to plan effectively, organize and direct various activities relating to risk and
B insurance functions, and demonstrate effective communication skills with individuals at all levels of the |
F organization, inclading clinician patients and families.

Job Summary:

The Risk Manager coordinates the hospitals risk management program, i.e., risk detection,
assessment, prevention and appraisal,

Duties:

1. Centralizes the risk program, maintain and coordinates the. administrative activities and
reports relating to both internal and external risks

: Investigates and follow-up of potentially compensable events identified through the
, incident/occurrence reporting system. ‘

Establishes hospital-wide methods to avoid, reduce or minimize risks including reviews

i of risk management data and intradepartmental policies and procedures with department heads

defensibility

Reviews the language of pertinent hospitals policies and procedures to assure their

3. Maintains close liaison and cooperation with Corporate Risk Manager and Legal
Bi

Advisor for the purpose of reporting investigating, analyzing, setting and defending claims.

6. Coniers with all department of the institution including the medical staff as the need
arises to investigate a potential risk situation

Develops and implements and evaluates patient/family complaint

Integrates risk management activities with assurance.

9. Coordinates risk management activities with medical staff, infection control, employee

health, Legal Advisor, Corporate Risk Manager, engineering, nursing, preventive



staff



maintenance, patient representative, etc.

ie” and through review of current literature.

10. Provides ongoing educational sessions and assistance, for relevant risk management issuses. to all levels of

1f, Conducts periodic appraisals of hospital management activities to determine program effectiveness

ee 12. Maintains current knowledge | risk management through attendance at local, regional and national.meeting

(k Letters of application, resume and three (3) references should be submitted, no later than 14th July, 2006 to the Human



‘dale House, West Bay Street.

: resources Director, Public Hospitals Authority, P-O.Box N-8200 or 1st Floor Corporate Office, Docken-

aribbean battle

compete in a ‘live kitchen’
environment, preparing and
serving a three-course meal
for 25 persons in four hours.
.The teams will be required
to design a menu on-site, using
only the ingredients in, their
respective ‘mystery baskets’,
whose contents will not be
revealed until the start of the

competition.

The competition is being

‘held as part of the Caribbean

Hotel Investment Conference
(CHIC), a Caribbean Hotel
Association (CHA) event.









GROUP AUDIT MANAGER



MUST SELL

BEACH FRONT PROPERTY-PALMETTO SHORES MUTT LN

For conditions of the sale and any other information, please contact:
The Commercial Credit Collection Unitat: 502-0929 or 356-1608 Nassau, Bahamas

Bliss
has a vacancy for the position of

GROUP AUDIT MANAGER

e-mail: careers@fidelitybahamas.com

MONDAY, JUNE 26, 2006, PAGE 5B




ok stories behind
Baal) Mags Co Mt [eo / a)
eee

Legal Notice

NOTICE

AMANCO TUBOSISTEMAS DE
CENTRO AMERICA S.A.
In Voluntary Liquidation

4

Notice is hereby given that in accordance with Section 137 (4) of |
the International Business Companies Act, No. 2000, AMANCO
TUBOSISTEMAS DE CENTRO AMERICA S.A., is in |
dissolution, as of June 9, 2006. :
International Liquidator Services Inc. situated at 35A Regent Street,
| P.O. Box 1777, Belize City, Belize is the Liquidator. JP i3Ge ABS
LIQUIDATOR



Lots No. CB-3 (18,800 sq.
ft.) & CB-4 (33,100 sq. ft.)
Palmetto Shores

Subdivision,
South Palmetto Point’

2 Bed 2 Bath, Living Room,
Dinning Room & Kitchen
all in one Gross floor
area 930 sq. ft.

Interested persons should submit offers in writing addressed to: t
The Commercial Credit Collection Unit, P.O. Box N-7518, Nassau, Bahamas to reach us before July 21" 2006.



PROFILE:

@ Relevant graduate or postgraduate degree and/or professional
qualifications e.g. ACCA, CPA, CGA, CFA,

RESPONSIBILITIES INCLUDE:

® Management of the Internal Audit function within all Fidelity Group
operations (Bahamas, Cayman, Turks & Caicos Islands)

@ Liaison with Price WaterhouseCoopers to oversee their internal audit
functions

® Formalization of the nsk management process
® Updating and maintaining the policy and procedural manuals
@ Overseeing the implementation of the disaster recovery plans

© Preparation of business-focused recommendations/reports that
provide clear actions to address control weakness.

CRITICAL SKILLS & KNOWLEDGE:

@ Good level of business awareness and an understanding of
Fidelity’s strategic and tactical goals.

® Specialist expertise in capital markets, asset management, financial |
management, audit and risk management

@ An awareness of general financial services issues including regula-
tory requirements.

@ Reasonable knowledge of core banking processes and banking
functions

@ Strong communication & PC skills
The person will report directly to the Audit, Risk and Compliance Committee.
The successful candidate will be offered a competitive

compensation package including benefits and bonuses
commensurate with his/her experience and performance.

Send resume no later than Friday June 30th, 2006 to:

' The Human Resource Director

Fidelity
51 Frederick Steet
P.O. Box N-4853
Nassau
f: 326.3000




















&

Lees

Te Se

a ee
























THE TRIBUNE

Baha Mar: $205m__

‘
bn

PAGE 6B, MONDAY, JUNE 26, 2006



| COMMONWEALTH OF THE BAHAMAS 2006
| IN THE SUPREME COURT
| Equity Side

CLE/QUI/00474

1 IN THE MATTER of all that piece parcel or lot of
land containing 34,155 square feet situate on the East
side of the Town of Marsh Harbour in the Island of

Abaco one of the Islands of the Commonwealth of

The Bahamas.

© Sy

9

ad

, *
*£



AND
IN THE MATTER of The Quieting Titles Act 1959

AND

| IN THE MATTER of the Petition of Lowell H. Albury and Eleanor

Albury

NOTICE

| To: The heirs of John Wesley Pinder

| The Petition of Lowell H. Albury and Eleanor Albury of the
| Settlement of Marsh Harbour in the island of Abaco one of the
- | Islands of the Commonwealth of The Bahamas in respect of:-



ALL THAT of all that piece parcel or lot of land containing
34,155 square feet situate on the East side of the Town of
Marsh Harbour in the Island of Abaco one of the Islands
of the Commonwealth of The Bahamas bounded
NORTHEASTWARDLY by land the property of the

Estate of Wesley Sawyer and running thereon One hundred |

and forty-six and Seventy hundredths (146.70) feet
SOUTHEASTWARDLY by land now or formerly the
property of John Jackson and running thereon Two

hundred and Twelve and Twenty-three hundredths (212.23) |

feet SOUTHEASTWARDLY partly by a Ten (10) foot
Road Reservation separation the said lot of land from land
now or formerly the property of Donald Lowe and from
land now or formerly the property of the Estate of

Willard H. Sawyer and running thereon jointly One hundred |

and Ninety-five and Four hundredths (195.04) feet and
NORTHWESTWARDLY partly by land said to be the
property of Wally Smith partly by land said to be the
property of Una Bethel and partly by a Six (6) foot Road
Reservation and running thereon jointly One hundred and
Ninety-two and Ninety-seven hundredths (192.97) feet.

. Lowell H. Albury and Eleanor Albury claim to be the owners in fee

| simple in possession of the said land free from encumbrances and |

| has made application to the Supreme Court in the Commonwealth



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INTERNATIONAL CULTURE LTD.

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‘A cultural experience for your kid
All inclusive: Air Fare, Visas, Ticket Tax,

Room, Meals, Activities, Field Trips,

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Teens**:$ 580.00
Children*: $ 700.00 Teens**:$ 830.00
Teens**:$ 980.00
hts: $ 450.00

For booking and registration call 356-3953

FROM page 1B

recognised Surety Company
stating the contractor’s avail-
able bonding capacity in The
Bahamas. They were also
required to provide an
overview of information pro-
viding capabilities, manpower,
equipment that would be of
particular use to the project.
Mr Sands said: “Already, we
have a pre-qualified list of con-

tractors for a number of pro- ~

jects, including the commer-
cial village, road works and
renovations to the Radisson
Hotel.

Awarded

“Additionally, Baha Mar has

awarded over 85 contracts in

the casino and casino towers
in all areas from plumbing,
electrical, tiling, painting, land-
scaping and local building sup-
plies with a focus on partnering

with small entrepreneurial.

Bahamian companies.”

4

a

ree:

works scheduled |
to start on July :

Sete

spent $16 million on improve-' =

ments and renovations for the” -

Radisson, Wyndham and Nas-:

sau Beach Hotels. iw

Additional

There will be an additional.:.

$80 million allocated for the:

renovation of the Radisson’:

Hotel and its transformation .

into a Sheraton-branded :.

resort. Some of the reriovated

features include $1.4 million |
spent on information systems’ | '
and 150 rooms ‘added to the’ «

Radisson.
Some $7 million has also

plete renovation of the Crystal’

been earmarked for a com-”-

Palace Casino, in addition to.
improvements already made: «:

to lobbies, restaurants and.

_ meeting rooms. wh

“The resort will sustain over

r

5,000 direct permanent jobs at”. '
full operation, and indirectly»:

generate another 2,525 jobs.’
within suppliers and other:
parts of the economy for those’
who have the drive and initia.» °°

4. s

.

tive to offer first class, consis-!:
tent products and services to:
Baha Mar in relevant areas of”










He said Baha Mar had so.far

PUBLIC NOTICE

TO RECIPIENTS OF LONG-TERM BENEATS
AND ASSISTANCES IN NEW PROVIDENCE

Pensioners are reminded that effective July 2006,

_ the National Insurance Board will require all recipients
of Long-Term Benefits and Assistance in New
Providence to have their monthly cheques deposited
directly to their banks accounts.

| of the Bahamas under Section 3 of The Quieting titles Act, 1959 to
| have their title to the said land investigated and the nature and extent
| thereof determined and declared in a Certificate of Title to be granted
| by the Court in accordance with the provisions of the said:Act.

operation,” Mr Sands said.

A plan of the said land may be inspected during normal office
hours in the following places:



(a) The Registry of the Supreme Court in the said City of
Nassau;

(b) The Chambers of McKinney, Bancroft & Hughes,
Mareva House, 4 George Street in the City of Nassau,
Attorneys for the Petitioner; and

(c) The office of the Island Administrator at Marsh Harbour.
Abaco.











your:
news

| 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.

| Noti¢e is hereby given that any persons having dower or a right of
| dower or an Adverse-Claim or a claim not recognized in the Petition
| shall on or before the 4th day of August, 2006 file in the Supreme
‘ Court and serve on the Petitioner or the undersigned a statement of
1’ his claim in the prescribed form, verified by an Affidavit to be filed
‘ therewith. Failure of any such person to file and serve a statement
of his claim on or before the said 4th day of August, 2006 will |
operate as a bar to such claim.

If you have not already made arrangements to have
your cheques deposited to your bank accounts,
you are advised to mmediately visit your nearest
NIB Local Office to avoid any delay or suspension

of payments.

"Dated the 12th day of June, A. D., 2006.

McKINNEY, BANCROFT & HUGHES
Attorneys for the Petitioner
Mareva House
4 George Street
Nassau, Bahamas



@ . @
FirstCaribbean
Career Opportunity
AUDITOR: ot
FirstCaribbean International Bank is the combination of CIBC and Barclays Bank in the Caribbean, Bahamas and
Belize. We are the region’s largest publicly traded bank with over 3,500 staff serving over 5.3 million people in

17 countries. We manage over 700,000 active accounts via 100 retail branches and corporate/international
banking centres.

RESPONSIBILITIES: .

° To carry out audit field-testing of business areas as advised by the Senior Audit Manager with the objective of supporting an
independent assessment of the level of control over risk
(This position includes significant specialist work in the areas of Accounting and Finance)

© To be responsible for detailed audit testing and analysis as well as identifying and prioritising risk and controls and making i
recommendations for. improving controls '

° To undertake audit verification of business actions as it relates to open audit issues and develop specialist knowledge in key chosen

parts of the business

ase 2@eeree - s
eae te tt EEE RI BO RE 28 ee er On te oe ure



» ~ 8RaIn MD

A Super Summer Program
June 19th, 2006 - August 11th, 2006

LANGUAGE ARTS PREREQUISITES
° Ability to assimilate and interpret data from a number of conflicting sources. The ideal candidate should be able to draw
- appropriate conclusions and work without close supervision within tight time constraints

© Strong appreciation of Risk Management and Controls, proficiency in Auditing or investigative techniques, along with general

Ee aN ie knowledge of the industry including regulatory requirements
GAMES © The ideal candidate should be professionally qualified in Auditing, Accounting or Financial Management (e.g. ACCA, CPA, CGA,
FIELDTRIP | CFA etc.) and/or must be a tertiary level graduate in the fields of Accounting or Financial Management
GYMI (ASTICS ($5 per class) We offer an attractively structured compensation and reward package as well as performance bonuses



Applications with detailed résumés should be submitted no later than Friday 7th July, 2006 to:

Judith Nelson

Deputy Director, Audit

FirstCaribbean International Bank

Head Office, Warren

St. Michael, Barbados.

Email: Judith. Nelson@firstcaribbeanbank.com



Only applicants who are short-listed will be contacted.
*REGISTRATION*
Monday - Friday

11:00am - 4:00pm

FIRSTCARIBBEAN

INTERNATIONAL BANK

Location: Rosetta Street.
Telephone: 322-2169

GET THERE. TOGETHER.




THE TRIBUNE



FROM page 1B

potential buyer is a mystery,
with The Tribune understand-
ing that it will pull out of any
deal for the Royal Oasis if its
name becomes public. Specu-
lation, though, has focuséd on
a New York-based private
equity consortium.

It is thought that the Gov-
ernment and Grand Bahama
Port Authority would prefer
Harcourt to buy the Royal
Oasis, given its existing pres-
ence on Grand Bahama.

However, Harcourt’s previ-
ous $30 million offer was low-
er than the $42-$42.5 million
submitted by two other con-
tenders, the Barlow Group and
the mystery bidder. The Bar-
low Group is not in the run-
ning, and is understood to have
lost interest.

While Harcourt is still inter- .

ested in purchasing the resort,
The Tribune understands that
efforts to reach a deal are
being frustrated by Lehman
Brothers’ ‘hardball’ negotiat-
ing tactics.

Knowing that the Govern-
ment is keen for a solution to
the Royal Oasis situation to be
found with. a general election
upcoming, one source told The
Tribune that Lehman Broth-
ers is using issues such as the
need to resolve a class action
lawsuit filed by timeshare own-
‘ers at the Royal Oasis as a way
to wrest more concessions

from the administration.

Mr Wilchcombe confirmed
that the timeshare issue was
one that, also needed to be
resolved. He added: “The hope
is that the company that comes
in to be part of this mixed-use
development and heads up the
timeshare Component will be
able to accommodate the own-
ers to allow them to redeem
their timeshares.

“There is an obligation by
the Royal Oasis to the time-
share owners.’

Wrong

‘There is nothing wrong with
what Lehman Brothers is
doing, as like most private
equity funds it is very good -
and ruthless - at protecting its
interests. It simply wants to
negotiate the best price for the

Royal Oasis, and dispose of.

the asset for the highest
amount of money possible.
Prime Minister Perry
Christie has hinted on-several
occasions that the Government
might have to play its ‘trump

card’ to force the Royal Oasis’s *

sale, namely pulling the prop-
erty’s casino licence, where
much of its remaining value
lies.

However, he has yet to do

so, and Lehman Brothers will -

probably feel confident that
they can keep ‘calling his bluff’.
In addition, while Grand
Bahama Power Company
served a summons demanding
payment on the Royal Oasis

BUSINESS OWNERS:

Call Mark A Tur nquest for:
' eBusiness Loan from Government / Banks
' eBusiness Start-Up / Growth Help
, ¢Marketing / Selling / Accounting Advice
" eManagement & Staff Training
Log on: www.markturnquestconsulting.com

MARK A TURNQUEST & CO LTD.
(242) 326-6748 / (242) 427-3640

She
Abaco Che
Winoing Bar

ABKED, BAHAMAS

Has two (2) vacancies for
Membership Sales Executives:

-Exceptional wriften and verbal communication skills, organization

skills
-Exceptional Telephone skills
-Public speaking preferred

-Ability to demonstrate stcong relationship sales capability
-Ability to interface professionally with all members of staff
-Generation and execution of an annual business plan

-Self generation of buisness through referrals and other personal

contacts

~Exceptional skills in long range guest relaional maintenace
-Use of tracking system for effective follow up andcustomer purchase

sequence
-College degree preferred

Please Send Resumes to:

Attn: HR Director

The Abaco Club on Winding Bay

P.O.. Box AB2057
Mash Harbour, Abaco
or

Fax: 242-367-0077










Amenities Include:

| eResidential & Multifamily Lots

| eGate House & 24Hr Security
eSwimming Pools

| eTennis Courts

eUnderground Utilities

Completely Enclosed

5% Down

: eBANK FINANCING AVAILABLE!

My Gift to You
A FREE

jy West Winds |
ated Community



rn nee
f

another daveloped managed by:
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Just TWO weeks |
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prices Increase
..act Now!



Gino Maycock ag AGENT
Call Direct at 457-1326

Group of Companies, it has
not followed through by peti-
tioning the Supreme Court to
appoint a receiver/liquidator
for the resort.

Ultimately, no one wants to
be seen as the ‘bad guy’ if such
a move caused the Royal Oasis
to collapse. The two hotel pen-
sion funds also have a court
judgement requiring that a sale
resolves the $4.1 million owed
to them on behalf of resort
employees. o-

Thus the complex nature of —

the negotiations, with the Gov-
ernment, Lehman Brothers,
Port Authority and other par-
ties involved, has acted as a
barrier to a quick sale.

The Prime Minister had pre-
viously said a “dynamic” buyer
had been found for the Royal
Oasis, but has since retreated
from that position by confirm-
ing that two buyers are still in
talks with Lehman Brothers
and the Government.

He confirmed Tribune Busi-
ness’s previous report that no
deal had been sealed, and that
few would believe the Royal
Oasis situation had been
resolved until a deal was for-.

mally announced. In doing so,

he gave the FNM some justifi-
cation for claiming the Gov-
ernment was ‘premature’ in
announcing a solution.

The Tribune understands
that construction companies

who have assessed the Royal

Oasis on behalf of various
potential buyers have indicated
it would take at least nine



Government Roy
Oasis sale ‘within 60 d

months to get the resort into
condition for re-opening. This

means that unless the situation |

is resolved within the next two
to three months. the resort
may not be open before the
next election.

Mr Wwalencombe used his



PUBLIC NOTICE
- FRIDAY CLOSURE OF
ALL NATIONAL INSURANCE OFFICES -

The National Insurance Board wishes to advise
the general
departments/offices throughout The Bahamas,
including the Pay Windows at the Post Offices,
will be closed on Friday, June 30, 2006.

MONDAY, JUNE 26, 2006, PAGE 7B .

Budget address to criticise the
former FNM administration
for allowing Driftwood Hospi-
tality to acquire the Royal
Oasis, saying its business mod-
el was unsuitable for the prop-
erty.

It takes over distressed prop-

public

that





erties, turns them around, aiid
sells them on for a profit.

Lehman Brothers advanced
the funds for Driftwood to
acquire the resort, and by
virtue of the mortgage and
debenture has positioned itself
as preferred creditor.





all of its

= Ae meh ® Ea

~ weyers

a>Arraaneare

AA RLAUDE DD

hae eRe Re SD

woe

waa

The Board’s New Providence offices will re-open
on Monday at the usual time.



Are you looking for a new challenge?

We are currently seeking qualified Managers and Seniors as well as Entry Level candidates to join our Audit practice. — }

Manager and Senior

Successful candidates for the Manager position will have a minimum of six years professional. public accounting

two to four years of work experience in a public accounting firm. The Manager and Senior positions will require the
individual to hold a CPA, CA or other professional designation: recognized by the Bahamas Institute of Chartered

Accountants.

Entry Level

have already done so.



AUDIT # TAX # ADVISORY

£2008. KPMG, 9 Bsharnisn partnership, the Bahamian member fires of RPMG intenationsi) R Swiss caugertive, Al rights sogervedt

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experience, two of which will have been at a supervisory level. Candidates for the Senior position will have a pproximately bts
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Candidates must have obtained the necessary educational Beaumont qualifying them to write the CPA examinations or
KPMG's entry level program provides financial support to write the CPA examinations including travel costs, hotel
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Excellent opportunities exist in our Nassau and Freeport offices to broaden your professional experience in a varied practice
that offers competitive compensation and benefits packages.

Applicants should submit a cover letter, rasuma, @ “Op spy
to: KPMG, Human Resources. Manager, P.O. Box N423, ‘Nassau, Bahamas or davis







r iP pnateesional certification and a copy of their transcripts if applying for an entry ievel position,
grng.com. bs. i,





Se ees a ra ara os ese ee eee oe aaa Bots te nin ena Aa cenit cre aS oem parent ee socetteicnn cen paste : aa sa : :



Pricing Information As Of:
23 J




















0.20 RND Holdings

{di




1.2367
2.3657
2.2487
ae .1006



S2wk-Hi ~ Highest closing price in last 52 yanks

52wk-Low - Lowest closing price in last 52 weeks
Previous Close - Previous day's weighted price for daily volume
Today's Close - Current day's weighted price for daily volume



13.00 Bahamas Supermarkets

Fund Name
Colina Money Market Fund
Fidelity Bahamas G & | Fund
Colina MSI Preferred Fund
Colina Bond Fund



Colna

Financial Advisors Ltd.

























3€ _Change __Daily Vol. t > Div S case _ Yield i
0.59 Abaco Markets “51 159 “908 11000. 0.019 0.000. N/M O.0O%R’
8.70 Bahamas Property Fund Vi.75 11.75 0.00 i 568 0.380 7.5 3.23
6.35 Bank of Bahamas 7.23 7.23 0.00 0.738 0.330 98 4.56% R
0.70 Benchmark 0.80 0.80 0.00 0.292 0.020 27 2.50%s
1.26 Bahamas Waste 1.43 1.43 0.00 0.143 0.060 10.0 4.20%
1.05 Fidelity Bank 1.49 1.49 0.00 0.188 9.050 7.9 3.88%%
8.00 Cable Bahamas 9.21 9.21 0.00 0.618 0.240 14.9 2.61%
1.39° Colina Holdings 1.90 1.90 0.00 0.067 0.000 NM 0 OO%H'
8.50 Commonwealth Bank 10.80 10.80 0.00 7,579 0.934 0.600 14:6 5. 56%4
4.12 . Consolidated Water BDRs 5.16 5.47 0.01 0.115 0.045 ve 0.87%:
2.10 Doctor's Hospital 2.50 2.50 0.06 0.283 0.000 8.8 CG OO%F'
4.02 Famguard 6.21 6.21 0.00 0.539 0.240 11.5 3 86°48
10.45 Finco 11.50 11.50 0.00 0.745 0.540 15.4 4.7658
8.60 FirstCaribbean 12.43 12.43 0.00 0.885 0.500 14.0 4.97%
8.42 Focol 11.07 11.07 0.00 0.885 0.500 12.5 44
0.95 Freeport Concrete 0.95 0.95 0.00 -0.162 0.000 N/M
9.50 ICD Utilities 9.50 9.50 0.00 0.526 0.405 18.1
8.27 J.S. Johnson 9.10 9.10 0.00 0.565 O:560 16.4
Kerzner inten alone! BDRs a 0.00 0.160 §
0.00 2. O36
52wk-Hi 52wk-Low _lasi Price — Weekiy Vol EPS Ss
- 12.25 Bahamas Supermarkets 14.00 11.00 1.923 Vz :
10.00 Caribbean Crossings (Pref) 10.00 0.000 0.800 NM










0.084








Last 12 Months Div $






2. 78: 564
2.391480""
1.164331****

22.44







Bid $ Buying | price of Colina and Fidelity
Ask $ - Selling price of Colina and fidelity
Last Price - Last traded over-the-counter price
Weekly Vol. - Trading volume of the prior week

*~ 16 June 2006

“*- 31 May 2006

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. Janua

KINGS or email: gino@kingsrealty.com
HK EBL BRI, BREA Certified Since 1996

Change - Change in closing price from day to day

Daily Vol. - Number of total shares traded today

DIV $ - Dividends per share paid in the last 12 months
ae eee divided wae the last 12 month earnings

Appraisal Report!

“Condihons APY]



*** . 30 April 2006





- 31 March 2006



1 1994 teh 100



Y





ea


Z AGE 8B, MONDAY, JUNE 26, 2006

THE TRIBUNE







Legal Notice

NOTICE
_ GUN POINT INVESTMENTS LIMITED

This is to inform the General Public that all that private throughfare
or roadway known as Gun Point situate northeastwards of the
Settlement of Spanish Wells at the northwestern end of the Island
of North Eleuthera will be closed to the public from 6:00 a.m. on
Saturday, 8th July, 2006 to 6:00 a.m. to Sunday, 9th July, 2006 to
protect the right of ownership.

Everette Sands
President





LEGAL NOTICE

NOTICE

EXXONMOBIL EXPLORATION (OFFSHORE
be GRENADA) LIMITED

NOTICE'IS HEREBY GIVEN as follows:

(a) EXXONMOBIL EXPLORATION (OFFSHORE GRENADA)
LIMITED is in dissolution under the provisions of the International
Business Companies Act 2000.

' (b) The dissolution of thé said Company commenced on the 22nd day of
June, 2006 when its Articles of Dissolution were submitted to and
registered by the Registrar General.

(c) The Liquidator of the said Company is K.L. Floyd, of 16945 Northchase
Dr., Houston, Texas 77060, U.S.A.

Dated the 22nd day of June, 2006.

HARRY B. SANDS
LOBOSKY MANAGEMENT CO. LTD.
Attorneys for the above-named Company

LEGAL NOTICE

NOTICE

| EXXONMOBIL KAZAKHSTAN EXPLORATION
EASTERN BASINS LIMITED

| NOTICE IS HEREBY. GIVEN as follows: 5.

(a) EXXONMOBIL KAZAKHSTAN EXPLORATION EASTERN
BASINS LIMITED is in dissolution under the provisions of the International
Business Companies Act 2000.

_(b). The dissolution of the said Company commenced on the 22nd day of
: June, 2006 when its Articles of Dissolution were submitted to and
registered by the Registrar General.

(©) The Liquidator of the said Company is K.L. Floyd, of 16945 Northchase
. Dr, Houston, Texas 77060, U.S.A.

- Dated the 22nd day of June, 2006.

HARRY B. SANDS
LOBOSKY MANAGEMENT CO. LTD.
Attorneys for the above-named Company



LEGAL NOTICE

NOTICE
| EXXON TURKMENISTAN (AMUDARYA) LIMITED

| NOTICE IS HEREBY GIVEN as follows:

) , \
(a) EXXON TURKMENISTAN (AMUDARYA) LIMITED is in dissolution

under the provisions of the International
Business Companies Act 2000.

(b) The dissolution of the said Company commenced on the 22nd day of
June, 2006 when its Articles of Dissolution were submitted to and
registered by the Registrar General.

~ (c) The Liquidator of the said Company is K. L. Floyd, of 16945 Northchase |

Dr., Houston, Texas 77060, U.S.A.

|. Dated the 22nd day of June, 2006.

HARRY B. SANDS
LOBOSKY MANAGEMENT CO. LID. -
Attorneys for the above-named Company

LEGAL NOTICE —

NOTICE

EXXONMOBIL VENEZUELA
PLATAFORMA DELTANA LIMITED

NOTICE IS HEREBY GIVEN as follows:

(a) EXXONMOBIL VENEZUELA PLATAFORMA DELTANA LIMITED
is in dissolution under the provisions of the International
Business Companies Act 2000.

(b) The dissolution of the said Company commenced on the 22nd day of
June, 2006 when its Articles of Dissolution were submitted to and
registered by the Registrar General.

(c) The Ligiidater of the said Company is K.L. Floyd, of 16945 Northchase
Dr., Houston, Texas 77060, U.S.A. :

Dated the 22nd day of June, 2006.

HARRY B. SANDS
LOBOSKY MANAGEMENT CO. LTD.
Attorneys for the above-named Company



Debt commitments

weighing heavily

@ By BARBARA CORREA

c.2006 Los Angeles Daily News



LOS ANGELES — Wondering whether
those weekend shopping sprees, the Tahoe ski
trip and all the extras on that “economy car”
are making your debt load too heavy?

Here’s a simple test: If you earn the medi-
an income for Southern California and have
a car loan, chances are pretty good that you
are in or are near the consumer debt danger
zone.

“Normally, someone should not have more
than 40 percent of their income as debt,” said
Richard Pittman, housing services coordina,
tor at ByDesign Financial Solutions, also
known as Consumer Credit Counselors of
Los Angeles.

Forty percent sounds like a lot, until you
think about it.

“In California, where average annual
income is $50,000, you should not have more
than $20,000 of debt. Unfortunately, that
includes the car,” said Pittman.

Put another way, it’s time to raise the red
flag when monthly debt payments climb
above 20 percent of net income, excluding
rent or mortgage.

“We have people committing 40-45 per-
cent of their income to a home, so they are
well outside acceptable levels” when taking
into account all the other debts they are pay-
ing on, he said. Indeed, many, if not most,
people in Southern California reside within
the debt danger zone.

- And Southlanders are not alone. American
consumer debt - excluding mortgages - surged
to $2.2 trillion in April, about twice as much
as a decade ago, according to the Federal
Reserve. .

Heather Thompson started to suspect that
her debt level was too.high about a year ago,
after she incurred thousands of dollars in

medical expenses. But, thinking her tax .

refund would take care of a lot of the balance,
she didn’t put a tight rein on spending right
away.

“I took my daughter to Chuck E:

Legal Notice

NOTICE

‘EXXONMOBIL KAZAKHSTAN EXPLORATION
EASTERN BASINS LIMITED

Creditors having debts or claims against the above-named
Company are required to send particulars thereof to the undersigned
c/o P.O. Box N-624, Nassau, Bahamas on or before 17th July,
A.D., 2006. In default thereof they will be excluded from the
benefit of any distribution made by the Liquidator.

Dated the 22nd day of June, A.D., 2006.

K.L. Floyd
Liquidator

16945 Northchase Drive
Houston, Texas 77060, U.S.A.

Legal Notice

NOTICE

EXXON TURKMENISTAN
_(AMUDARYA) LIMITED

Creditors having debts or claims against the above-named

- Company are required to send particulars thereof to the undersigned
c/o P.O. Box N-624, Nassau, Bahamas on or before 17th July,

| A.D., 2006. In default thereof they will be excluded from the
‘benefit of any distribution made by the Liquidator.

Dated the 22nd day of June, A.D., 2006.

K. L. Floyd
Liquidator

16945 Northchase Drive
Houston, Texas 77060, U.S.A.

Legal Notice

NOTICE

EXXONMOBIL VENEZUELA PLATAFORMA
DELTANA LIMITED

Creditors having debts or claims against the above-named
Company are required to send particulars thereof to the undersigned

Cheese’s,” said Thompson, an engineer at
Northrop Grumman in El Segundo. “I bought
a laptop. I take a lot of vacations; they are
hugely expensive. I had a party and bought
platters at Costco. It’s not that much, but
when you start spending $30 here and $30
there, it adds up really quickly.”

At one point, Thompson had seven credit
cards and about $40,000 in debt. That’s down
to about $25,000 now. With her income after
taxes and deductions coming in at a little over
$3,000 a month, she’s spending about one-
third of that on payments, which puts her on
the verge of the danger zone. -

Recently, though, she worked out a plan to
put herself back on track. She stopped the
$130-a-week contributions to a 401(k) plan.
She increased her W-2 claims to 5. And then,
last week, she cashed $3,000 out of her retire-
ment savings to use toward debt payments.

Many families set off on a borrowing binge
in recent years as low interest rates allowed
lenders to loosen standards.

- Mortgage

Mortgage payments as a percentage of dis-
posable income topped 11 percent at the end
of last year, a historic high.”

Despite new bankruptcy laws enacted last
fall to make it harder to declare personal
bankruptcy, filings in California jumped more
than 30 percent from 2004 to 2005, the Amer-
ican Bankruptcy Institute reports.

The debt buildup can be blamed largely
on the availability of home loans, and on
homeowners spending in many cases under

the assumption that rates would stay low until .

they could pay them off. Now that they are
rising again, consumers who took out vari-
able-rate loans are getting hit.

“T think they’re going to be shocked, par-
ticularly in the the area of mortgages,” said
Phillip Q. Shrotman, a financial planner in
Long Beach. “If they bought on an
adjustable-rate mortgage, they’ve already
seen at least a 100 percent increase.”

Philip Board, a financial adviser at 1 On 1

Financial in Upland, said he’s hearing the
same concerns.

“J had a gentleman call me yesterday to
ask if he should cash out his retirement to

pay off his home equity line,” he said. “He’s »

been going through the refinancing game and
he’s been having fun and now he can’t sell his
house for what he wants. He makes a fair
amount of money but he spends, too, and
now he’s living paycheck to paycheck.”
Advisers urge clients to convert variable
home loans to fixed, if at all possible. Aside

from that, professionals say the first thing to .
do when there’s too much owed after the , ,

money has come in is to contact the lender,
and then begin keeping tabs on every |
expense, no matter how tiny it seems.

“T have them track expenses for a month,
including Starbucks, vending machines, every-

thing that leaves their hand,” said Ann Lan- ~

der, a certified financial planner in Signal

Hill who also teaches a financial strategies |:

course for women for the Long Beach Parks:
& Recreation Department.

“Spending patterns come out that they
weren’t even aware of and sometimes that’ S
enough.”

bey

It’s not just frivolous spending that has put. a

a lot of consumers into the debt danger zone.

. Less medical insurance coverage is forcing

more people to pay for doctor visits with plas-
tic.

“We’re seeing more people with no health ‘
insurance putting medical expenses on cred-
it cards,” said Percy Bolton, a financial plan-
ner in Pasadena. “I'm getting calls about com-
panies that have eliminated their medical
care or they have higher deductibles.

“With the price of gas as well, we see more
of a tightening. I have clients thinking about
leaving L.A.”

Indeed, getting into debt is the easy part,
especially when credit is as easy to get as it has
been. Getting out is the hard part, and there
isn’t much optimism about how consumers
are going to do that.

“T think yow’re going to see more people in
debt,” said Lander.

Legal Notice

NOTICE

EXXONMOBIL EXPLORATION (OFFSHORE
GRENADA) LIMITED

Creditors having debts or claims against the above-named
Company are required to send particulars thereof to the undersigned
c/o P.O. Box N-624, Nassau, Bahamas on or before 17th July,
A.D., 2006. In défault thereof they will be excluded from the
benefit of any distribution made by the Liquidator.

Dated the 22nd day of June, A.D., 2006.

K.L. Floyd .
Liquidator

16945 Northchase Drive
Houston, Texas 77060, U.S.A. .

- Legal Notice

NOTICE.

EXXONMOBIL AZERBAIJAN (CENTRAL
SOUTH CASPIAN SEA) LIMITED

Creditors having debts or claims against the above-named
Company are required to send particulars thereof to the undersigned
c/o P.O. Box N-624, Nassau, Bahamas on or before 17th July,
A.D., 2006. In default thereof they will be excluded from the
benefit of any distribution made by the Liquidator.

Dated the 22nd day of June, A.D., 2006.

K.L. Floyd
Liquidator

16945 Northchase Drive
Houston, Texas 77060, U.S.A.

LEGAL NOTICE

NOTICE

EXXONMOBIL AZERBAIJAN (CENTRAL SOUTH

CASPIAN SEA) LIMITED

NOTICE IS HEREBY GIVEN as follows:

c/o P.O. Box N-624, Nassau, Bahamas on or before 17th July;

A.D.,

Dated the 22nd day of June, A.D., 2006.

K. L. Floyd
Liquidator

16945 Northchase Drive
Houston, Texas 77060, U.S.A.

2006. In default thereof they will be excluded from the
benefit of any distribution made by the Liquidator.

(a) EXXONMOBIL AZERBAIJAN (CENTRAL SOUTH CASPIAN SEA)
LIMITED is in dissolution under the provisions of the International
Business Companies Act 2000.

- (b) The dissolution of the said Company commenced on the 22nd day of
June, 2006 when its Articles of Dissolution were submitted to and
registered by the Registrar General.

(c) The Liquidator of the said Company is K.L. Floyd, of 16945 Northchase
Dr., Houston, Texas 77060, U.S.A.

Dated the 22nd day of June, 2006.

HARRY B. SANDS

LOBOSKY MANAGEMENT CO. LTD.

Attorneys for the above-named Company



SEU he

eee ene

ms et

SEO MR A MR MR Om CRE oR Oana oy
THE TRIBUNE

MONDAY, JUNE 26, 2006, PAGE 9B





Casino lines up $1.2m
in severance pay —

FROM page 1B

ested parties, in a bid to pre-
vent the casino employees
from becoming unemployed.
The company had said pre-
viously that it was withdraw-
ing from Grand Bahama
because it wanted to focus on
its core operations in the US.
For the 2006 fourth quarter,
Isle of Capri saw net revenues
for its Our Lucaya casino fall
by almost $2 million compared
to the same period in 2005,
dropping to $7.414 million
compared to $9.381 million.
The Isle of Capri attributed
this decline to the fact that it
received $2 million from busi-
ness interruption insurance
proceeds in the 2005 fourth
quarter. The insurance claim
was related to the 2004 hurri-

















Co

Arner Bank & Trust
(Bahamas)Ltd.

We advise that the offices of
Arner Bank & Trust
| (Bahamas)Ltd. has relocated to-
suite 2, building 2 Caves Village
effective 26th June 2006.

Please note our new contact details:.
Tel: 327-6594
Fax:327-6584

PROGRESSIVE SERVICE ORIENTED
COMPANY LOOKING FOR A FEW
GOOD PEOPLE -

DIESEL MECHANICS |

Prior experience on repairs to heavy
trucks advantageous. Top wages and
incentive program. Uniforms furnished
after probationary period. .

Please come by and fill out an application,
_ or give us a Call at:

328-2463

Bahamas Mack Truck Sales Ltd.
P.O.Box N-44 |

cane season.

In addition, for the three
months to April 30, 2006,
adjusted operating income for
the Isle-Our Lucaya casino fell
to $1.233 million or a 16.6 per
cent margin, compared to
$3.838 million or 40.9 per cent
margin in fiscal 2005.

For the 2006 full-year, Isle-
Our Lucaya saw its net rev-
enues rise by 8.6 per cent to
$25.3-million, compared to
$23.3 million.

Adjusted operating income
for the Grand Bahama casino
rose to $2.523 million and a 10
per cent margin, compared to

last year’s $573,000 loss and -

negative 2.5 per tent margin.
Both the fourth quarter and
full-year results for Isle-Our
Lucaya were boosted by a one-
time positive $3.642 million
valuation charge, which
reversed a $2.675 million oper-







WInoING Bay
NEAL BAHAMAS

Has two (1) vacancies for
Sales & Marketing Project Director:

-Responsible for onsite coordination of sales, sales administration and

marketing. >

-Achievement of targeted sales volume and maintaining inventory.
-Develop future(MVCE experience preferred) managers and implement

self developed program

.

-Implementation of tour efficiency and building of strong team values

-Forecast and budget annual sales targets.

-Ensure communication, between personnel and others

-Strong leadership skills

-Minimum 5 years marketing vacation ownership

-Minimum 5 years marketing in management of sales, marketing and /or
administration

-College degree preferred, but not required.

Please Send Resumes to:

Attn: HR Director

the Abaco Club on Winding Bay

P.O. Box AB2057
Mash Harbour, Abaco
or

Fax: 242-367-0077

~~



ating loss in the three months
to April 30, 2006, into an oper-
ating profit.

For the full year 2006, prior
to that charge the Isle-Our
Lucaya recorded an operating
loss of $2.646 million.

The valuation charge helped
to convert this into a $2.523
million profit.

Isle of Capri’s. Grand
Bahama experience has not
been a happy one. It has been
beset with difficulties from the
get-go, not least the fact that. it
took a year for the Govern-
ment to approve their arrival,
even though the deal with the
Grand Bahama Port Authori-








responsible for

- NOTICE

NOTICE is hereby given that DONALD JEAN - PIERRE, OUTLAW
LANE, FOREST VIEW APT#4, P.O. BOX F-60110, FREEPORT,
GRAND BAHAMA, BAHAMAS, is applying to the Minister
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 19TH day of JUNE,
2006 to the Minister responsible for Nationality and Citizenship,
P.O.Box N- 7147, Nassau, Bahamas.

ty and Our Lucaya had already

been done. 5
Initially designed as a desti-

nation to reward Isle of Capri’s

regular players at its US casi-

nos, the company also changed
its objectives for the Our
Lucaya casino to the point
where it wanted to earn a prof-
it. :
Staffing levels at the casino
were downsized by some 45

employees last year, indicating .

the operation was facing finan-
cial difficulties.

Isle of Capri then sought fur-
ther incentives from the Gov-
ernment, including $5 million
in marketing support and a



NOTICE

- IN THE ESTATE OF WILLIAM T. PASCOE, Ill
Late of Orange County, California Deceased

a

NOTICE is hereby given that all persons having
any claim or demand against the above Estate are
required to send the same duty certified in writing to
the undersigned on or before the 30th August 2006,
‘after which date the Trustee will proceed to distribute
the assets having regard only to the claims of which
they shall then have had notice.

AND NOTICE is hereby given that all persons
indebted to the said Estate are requested to make full
settlement on or before the date hereinbefore mentioned.

SARAH LEE PASCOE
Trustee of the Estate
Orange County, California
c/o ALEXIOU, KNOWLES & CO.
P.O. Box AB 20115
Marsh Harbour, Abaco
THE BAHAMAS

Bahamas Hot Mix Co., Ltd
Tel (242) 377-6351 « Fax (242) 377-2193
Nassau, Bahamas

P

ITI
AVAILABLE

Bahamas Hot Mix Co., Ltd is a road construction
company offering competitive hourly rates. We
have the following positions available for

immediate occupation:

Motor grader drivers

Dozer operators

Backhoe operators

Site supervisors with experience in road

construction

Entry level accounting staff

Purchasing clerk.

Interested persons should send their resumes to

the attention of:

The Human Resources Manager
P. O. Box CB-10990

email: laurianbah@yahoo.com,
or fax to 377-2193



reduction in the casino win tax
rate from 17 per cent to 9 per
cent. It was unclear, though, if
these were ever granted.
Many believe that Grand
Bahama lacks the critical visi-
tor mass to sustain a casino,







IN THE SUPREME COURT

Of The Bahamas

May, A.D. 2006.

(24.60) feet.

that Act.

Bahamas.

be filed therewith.

such claim.

COMMONWEALTH OF THE BAHAMAS
Common Law and Equity Division

IN THE MATTER OF ALL THAT piece parcel or lot of
land comprising 2,502 square feet and situate at the
northern side of Rodger’s Corner and.the western side

of Baillou Hill Road in the city of Nassau in the Island of
New Providence, one of the Islands of The Commonwealth

j AND

IN THE MATTER of the Quieting Titles Act of 1959
7 AND ee

IN THE MATTER of the Petition of Benjamin John

NOTICE OF PETITION
Pursuant to an Order of The Supreme Court dated the 3rd day of

The Petition of Benjamin John of Cowpen Road, in the
Southern District of New Providence one of the Islands of The
Commonwealth Of The Bahamas showeth in respect of:

ALL THAT piece parcel or lot of land comprising
2,502 square feet and situate on the northern
side of Rodger’s Corner and the western side of
Baillou Hill Road in the City of Nassau, New
Providence one of the Islands of The
Commonwealth Of The Bahamas and bounded
on the north by land the property of Barbara
Campbell and running thereon One Hundred and
Two and Twenty-eight hundredth (102.28) feet
and on the east by Baillou Hill Road and running
thereon Twenty Four and Sixty hundredth (24.60)
feet and on the south by Rodger’s Corner and
running thereon One Hundred and One and
Twenty-two hundredth (101.22) feet and on the
west by land the property of Eloise Russell and
running thereon Twenty Four and Sixty hundredth

Copies of the Plan showing the position boundaries shape
marks and dimensions of the said piece of land may be inspected
during normal office hours at the following places:

(a) The Registry of The Supreme Court, 2nd Floor,
Ansbacher Building, East Street North, Nassau,

(b) The Chambers of Joseph C. Lédée, Suite No. 6,
Grosvenor Close, Shirley Street, Nassau, Bahamas.

Notice is hereby given that any person having Dower or '
right to Dower or an Adverse Claim not recognized in the Petition
shall on or before the expiration of Thirty (30) days after the final
publication of these presents file at the said Registry of The Supreme
Court, and serve on the Petitioner or on the undersigned a Statement
of his/her Claim in the prescribed form verified by an Affidavit to

especially with the Royal Oasis
still being closed. In addition,
Isle of Capri is effectively a
second-tier brand, and a first-
tier brand is seen as critical to
kick-starting gaming on the
island.



2006
CLE/qui/No. 00320






The Petitioner, Benjamin John, herein claims to be the
owner in fee simple in possession of the said piece of 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 piece of land investigated and the nature
and extent thereof determined and declared in a Certificate Of Title
to be granted by the Court in accordance with the provisions of



Failure of any such person to file and serve a Statement
of his/her Claim on or before the expiration of Thirty (30) days after
the final publication of these presents shall operate as a bar to

JOSEPH C. LEDEE, ESQ.
Chambers

Suite No. 6, Grosvenor Close
Shirley Street

Nassau, Bahamas.

Attorney for the Petitioner




wares

PAGE 10B, MONDAY, JUNE 26, 2006

SPORTS

TRIBUNE SPORTS



Fountain comes within

one win of qualification

@ TENNIS

WITH five Bahamians
already entered in the main
draw of the boys 18’s of the
Security & General Interna-
tional Junior championships,
J.J. Fountain was attempt-
ing to make six during play
in the qualifying rounds of
the tournament. Fountain,
coming off a strong showing
in the BLTA Junior Nation-
als last week, came within
one win of advancing to the
main draw.

When qualifying play got
underway Saturday morning,
Fountain was in no way
intimidated by the slew of

international players and

their coaches. He showed
fine form in his first round
match when he went up
against Cole Conrad of the
United States. After drop-

ping the first set 6-1, Foun-

tain came storming back to
take the next two for a three
set win, 1-6, 6-4, 6-2.

With just four spots up for



B JJ FOUNTAIN

day’s matches were set with

Fountain taking on another
. American in Will Parker.

Parker however was a bit too
much for Fountain this day
as he disposed of him in
straight sets, 6-1, 6-3.

- ed number one in the boys

Adderley is seeded no.1

For the first. time in the
history of our stint of host-
ing the ITF International
Junior Tennis Tourna-
ment, a Bahamian is seed-

18’s. Jammal Adderley,
currently the Bahamas’
number one junior player,
has had a tremendous year
thus far and is expected to
continue his fine piay dur-
ing the Security & Gener-
al ITF Junior Internation-
al Junior Championships.
While being ranked
number one in the
Bahamas, Adderley is con-
sidered one of the top
players in the region after
capturing two wins this
year on the ITF circuit.
Being seeded one in this
event is huge for'the Bahamas and it really
sets a precedence that will certainly moti-
vate our up-and-coming future stars.
Players from over 30 countries are
entered in the tourney in boys and girls 18’



lm JAMMAL ADDERLEY

and 14’s divisions. Other
Bahamian players entered in
the main draw are Rodney
Carey out Grand Bahama,
Jason Rolle and Justin
Lunn.

There will also be a strong
contingent on the girls side as
well with Kerry Cartwright
and Kalotina Klanori headlin-
ing that field. Other players
will include Elanqua Griffin,
Rashida Robinson and Autice
Mortimor.

Young Johnathon Taylor is
expected to head the group of
boys 14’s who will be show-
casing their talents this week
after capturing the Boys 14’s
title during the BLTA Junior
Nationals.last week. Taylor
has been playing extremely
well and that play is expected
to continue. Other strong competitors
include Kevin Major and Ondre Cargill.
On the girls side, Danielle Thompson and
Gabrielle Moxey are expected have strong
showings.

grabs in the main draw, Sun-

Jameica on course



7

for golfing success

= GOLF
By BRENT STUBBS
Senior Sports Reporter



JAMEICA Duneombe was: once=

the country’s promising young ama-
teur golfer.

Now a college graduate, 23-year-
old daughter is juggling her time with
work at the Ministry of Tourism and
a fledging professional golfing career
in the United States.

Based on Fort Lauderdale, Flori-
da, Duncombe turned pro in Novem-
ber, but she’s yet to make the cut on
the Ladies Professional Golf Associ-
ation’s tour.

Instead, she finds herself playing
in a lot more Futures Tournaments in
a bid to try and eventually qualify for
the big league in the LPGA.

“J played in my qualifier in Novem-.
ber and it didn’t go so well. I guess I
was nervous playing for the first
time,” she lamented. “But it was.a
good experience.

“It’s a different ball game‘ because
you’re now actually playing for some-
thing and, if you don’t make the cut,
you lose money because you have to
pay about $800 to play i in a tourna-
ment and other expenses.”

Since missing the cut, Duncombe
managed to play in one Futures Tour-
nament in Texas, but it was only five
hours before it statted that she was
informed that she was entered.

“T still went out and gained some
iournament experience,” she reflect-
ed. “But I think that’s the only thing
I’m lacking, some experience.

Strong

“I’m playing extremely well, but
you need a lot of tournaments to get
tournament ready and to be strong
to compete against these girls because
they are not shooting like they were
when I was growing up.”

Unlike when she was on top of her
game as a junior amateur player,
Duncombe said the 12-14 year olds
are shooting much better at 6-7
under-par 65s and making the pro
circuit and Futures Tournaments.

In preparation for the future, Dun-
combe is being trained by her father,
legendary pro golfer Jim Duncombe,
who is also based Fort Lauderdale.

“J play in leagues on the weekend,
but we also play for money and like
my father always used to say, ‘you’re
playing for your own.’ So I try to stay
as competitive as I can,” Duncombe
stated.

Even though she has to devote a
lot of her time working as the golf
director with the Ministry of Touris-
m’s Golf Programme, Duncombe said
her goal is to make it to the LPGA.

“Golf is a very expensive game and
to play in these events, you have to
pay between $400-800 and there are
other expenses,” Duncombe pointed
out.

“Right now that’s the thing I’m
missing, the financial aspect to play in
the events. I’m limited to what I can
do. Here and there you get some

-will attempt to secure her pro card

- organise the four-man best ball for-

expenses, but I always have a job. So —
right now, I’m hoping that things will
change.”

In November, Duncombe said she

on the LPGA again, but if she does-
n’t, she will continue to play on the
Futures Tour.

“They consider the Futures Tour
as your training ground for the LPGA
tour, so I just hope to continue to
play there until I get my big break.”

Here on a break from the tour,
Duncombe is working with the Min-
istry of Tourism at the National Bas-
ketball Association Players Associa-
tion’s meeting this week.

She will have the opportunity to

mat for the players on Wednesday

morning at the Radisson Cable Beach
Golf Club.

@ JAMEICA DUNCOMBE

















@ TRACK AND FIELD
By KELSIE JOHNSON
Junior Sports Reporter





TRACEY Morrison has completed her first colle-
giate season and has returned home to show off her
new javelin skills.

Competing at both the senior and junior nationals,
Morrison describes. her performance at the Bahamas
Association of Athletic Associations (BAAA) junior
championship one of her best.

The young junior athlete, who is looking to qualify for
both the junior CAC games and the World Champi-
onships took the event with a throw of 43.26m.

In the shot putt she recorded a throw of 13.72m for the
top prize as well.

She said: "It feels great to win, but I like when Lavern
(Eve) is there, it pushes me to do better in the event. At
least when she i is there is gives me a mark or something
to go after.

"When I am out there by myself it sometimes feels like



you are raising funds for a good cause,

won an award.

Tracey stars in
javelin, shot putt

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






pratice even though I want to go further the competition
isn't there to push me like I want it to."

Morrison is the reigning gold medallist. from this
year's Carifta games in.the javelin.

In the men's javelin, Livingstone Brown turned in a
stellar performance with a throw of 57.18m, he was fol-
lowed by Lesean Pickstock with a throw of 38.82m and
Lavardo Sands with 33.00m.

Brown also took the under 20 boys discus event with
a throw of 37.80m, in second was Pickstock with 31.26m
and Sands with 29.99m.

In the under 17 girls shot putt, Jennie Jacques walked
away with the national title with a throw of 12.30m,
finishing in second was Alexis Belle 10.35, in third was
Julianna Duncanson with 9.83m.

Jacques also secured a double victory with a win in the
discus event with a throw of 30.78m, Duncanson was sec-
ond with 29.02m.

Colin Christie was the sole competitor in the
boys shot putt, he finished up with a best throw of
11.47m.






Wilson on
top in clash

of junior high’

jumpers

@ TRACK AND FIELD
By KELSIE JOHNSON
Junior Sports Reporter

THE head-to-head clash
between junior high jumpers.
Jamal Wilson and Kyle Grant,
hasn't been seen since the Carif- *~
ta Games, held in April of this

year, so on Saturday the under -,
20 boys high jump became one . |

of the main events.
Wilson and Grant, who ‘fin
ished up with the gold and silver -

medals respectively at the Carif-. -,

ta Games, were out to prove for’ -
the last time who is the best: .<.

high jumper on the junior level: '

,

But the duo had to add colle- «

giate Jamal Strachan into’the

pit.

At the end of the day. Wilson:
walked away with the junior
national title with a clearance
of 2.03m, Strachan wound up

batch, as things heated up at the |

in the second spot due to fewer , -
knockdowns with 1.98m, Grant *

also cleared 1.98m.

Carifta gold medallist Ray-
mond Higgs captured the title in
the junior.boys division with a
clearance of 1.92m, he was-fol-
lowed by J'Evante Deveaux,
who sailed to 1.70m.

Higgs would also take: the: :

long jump event with a leap of
6. 99m, in second was Anjoun’—
Armaly with a jump of 6.72im' -
and Rashad Moxey was third
in 6.60m. '
Lamar Delancey won'the'’
senior boys triple jump event
with 15.14m, Rudon Bastian _

was second with 15.00m while

Ramon Adderley was third with.
14.22m. 2

him the incentive to, not only
get the Sixers back into, the.

playoffs, but to challenge’ for: a

the championship as well.

“I really thought Dallas.
would have won it after
won the first two at home, but.
Miami found their weakness
and they took advantage of it,”
he said. “It was tough for Dallas
to stop them.”

Mutombo, heading into his
18th season in the NBA, is here
for his third appearance at the

‘NBAPA meeting. But this time,

Mutombo said he’s looking for-
ward to spending more time.
with his wife and three children. -
As for the meeting, the 7:2.
centre who just finished his'sec- ;
ond season with the Rockets,
said he’s excited about the agen: : .
da, which includes providing the. «
necessary tools for the players: =
to enjoy themselves after pee
are finished playing. 4
Mutombo, the shot blosker:

‘who started playing with’ the: -

Denver Nuggets and enjoyed a
stint with the Atlanta Hanke



76ers, New Jersey Nets and.

New York Knicks, said he’s.
leaning towards retirement at
the end of next season. eh
But he will make a final deci-_-
sion as the season progresses.
On. the NBA finals,

Mutombo said he attended the. °

games and he was disappointed. -
that the Mavericks let their: :
opportunity to win the title slip.”

away after taking a 2-0 lead at. 4

home.

‘

mi Heat because they havé .

some players who have beén. :
playing in this league for a long: «
time and they really wanted to: :
win the title more than the.’
Mavericks players,” he added.
Ratliff, a regular visitor to the.

Bahamas over the course of-his-° +

11 years in the league, said he’s
really looking forward to “tak-
ing care of our NBA business
and making sure that everybody, -
is on the same page.’

The 6-10 centre/forward, who

“But I’m happy for the Mia: oo

e

started with Detroit before. °.

playing for Philadelphia,
Atlanta and Portland where: .
he’s been for the past three sea:
sons, said his only goal is to try.
and get better, not just as a play-
er, but with the Trailblazers. °

On the finals, Ratliff said-it: °:

Was

“very entertaining. It. -.

NBA ee

FROM page one... :

4
'
‘
‘
yk
ae
4
4

brought back memories of the

days of Larry Bird and Magic
Johnson. I enjoyed it.”

On Wednesday, t the players~_
will participate in a golf tour=~-
nament, starting at 8am at’the*-
Radisson Cable Beach Golf>:
Club in a four-man best ball fore: :
mat. mS

“ ‘Everyone wants to play \ with
the pro,” said Duncombe, who-*
hopes to know exactly wha she:
will:team up when the draw is,
held on Tuesday night. “I’m just» °
waiting to see who comes. I’m:
looking for a high handicap-
per.”

erm
TRIBUNE SPORTS ‘ MONDAY, JUNE 26, 2006, PAGE 11B

first innings
low on not enforced —






















































.













‘CRICKET
; BASSETERRE, ST. Kitts
Associated Press

THE West Indies secured a first
innings lead of 219 over India on Sun-
day, but captain Brian Lara refused to

_enforce-the follow on in the third Digi-
cel crieket Test on day four at Warner
Park-~'..

India, staring at the home team's for-
midable first innings total of 581, was
bowled:out for 362 on the stroke of tea.

VVS. Laxman topscored with an even
century, while Anil Kumble (43) and
Harbhajan Singh (38 not out) boosted
the lower order.

Jerome Taylor, who ripped through
India's middle order in the morning ses-
sion, took three for 118. Corey Colly-
more claimed three for 63 and Dwayne
Bravo grabbed two for 38.

Pedro Collins chipped in with two for
117 before he left the field with an
injury towards the end of the Indian
innings. ‘

Laxman struck 15 fours in his 10th
test century before he was seventh out
as he edged Collins to the wicket-keep-
er. The right-hander faced 231 balls in
just over six hours.

The West Indies sensed a bigger lead
at 315,for nine but a last wicket stand of
47 between Harbhajan and Munaf Patel
(12) frustrated them.

The. pair resisted for 71 minutes
before Bravo ended Patel's knock with
a catch to gully. E

woo
ae

a INDIA'S batsman Mahendra Dhoni,
centéx; hits a boundary against the West
Indies on the fourth day of the third crick-
et test match at Warner Park in Bas-
seterre, St. Kitts Sunday, June 25, 2006.
a (AP Photo/Lynne Sladky)











m SOCCER
NUREMBERG, Germany
Associated Press

THE World Cup turned ugly Sunday
as Portugal, down to nine men in a game
of brutal fouls, held off the Netherlands
1-0 and staggered into the quarterfinals.

Both sides were guilty. Pushing, shov-
ing and theatrics led to a record-tying 16
yellow cards — and desperate attacking
by the Dutch, also down to nine men, in
the final moments.

The Portuguese might have survived,
but when they play England on Satur-
day in Gelsenkirchen, they will be miss-
ing Deco and Costinha, two of their most
important players who were ejected _
against the Netherlands. They also saw
Cristiano Ronaldo, a-creative attacker,
lost to a leg injury in the first half.

Portugal’s coach, Luiz Felipe Scolari,
extended his World Cup mark to 11
straight victories, none more venomous
than this.

Maniche scored the only goal. A quick
threat on the edge of the area in the 23rd
minute ended with Pauleta touching the
ball to Maniche, who skipped inside a
defender and shot right-footed past goal-
keeper Edwin van der Sar from 16 yards.

Van der Sar had his mouth open in
exasperation as the ball hit the net.

Others soon had the-same expression
for entirely different reasons.

After Van der Sar produced a stun-
ning save on a point-blank shot from
Pauleta in the goalmouth, Costinha inex-
plicably handled a simple through pass
for his second yellow card.

By that time, Ronaldo was already in
tears on the bench after he left the field
injured following a high tackle into his
groin from Khalid Boulahrouz.

It should have set up a thrilling con-
clusion, with an outmanned Portugal fac-
ing a Dutch team still looking for its
touch. Instead, it turned vicious as Russ-
ian referee Valentin Ivanov struggled to
maintain a semblance of control.

In the 63rd, Boulahrouz elbowed Luis
Figo on another run, earning his second
yellow card, making it 10-on-10.
Moments earlier, Figo head-butted Mark
Van Bommel to draw a yellow card.

Deco later lost his poise. He first made
a wild tackle on defender John Heitinga,
then followed with childish time-wasting
in the-76th minute and was sent off.

With a man advantage again, the
Dutch pressed. for the tying goal. They
couldn’t find it and, in injury time, Gio-
vanni Van Bronckhorst got a second yel-
low card, making it nine-on-nine to the
end.

3 The 16 yellows tied the mark set by
| PORTUGAL'S Fernando Meira, center, challenges for the ball with the Netherlands! Dirk Kuyt, right, during The Netherlands vs Portugal Round of 16 World =Germany and Cameroon in the first
Cup soccer match at Franken Stadium in Nuremberg, Germany, Sunday, June 25, 2006. round of the 2002 tournament. ‘



is,
(AP Photo/Bas Czerwinsk,)

: '


MONDAY, JUNE 26, 2006

SECTION

Fax: (242) 328-2398

E-Mail: sports@100jamz.com





Stars in town



BASKETBALL
By BRENT STUBBS
Senior Sports Reporter

ATLANTIS Resort and Casi-
no.was a hive of activity on Sun-
day as the players from the
National Basketball Associa-
tion (NBA) arrived in town for
their Players Association annu-
al meeting.

Bahamians and visitor
flocked to the entrance of the

foyer and the hallway of the .

Royal Towers as the players
made their way through to the
welcome area.

Among those greeting the
celebrities were retired Golden
Girls Pauline Davis-Thompson
and Eldece Clarke-Lewis, along
with pro golfer Jameica Dun-
combe.

They are all members of the
Ministry of Tourism Sports
Division, headed by Greg Rolle:

’ Billy Hunter, executive direc-
tor of the NBAPA, said they
are pleased with the set-up from
the airport to the hotel where
the players have been greeted
and then set up in their rooms.

“We have 40 players who
have signed up. We had 30
icams and nine member execu-
tives. We needed at least 17
players to conduct business, but

we have surpassed that,”
Hunter said.
“So we are really pleased

with what’s going to happen this.

week. We also intend to have
elections for some new officers.
I know everybody is looking
forward to that.”

While the’ players will be
locked down in closed sessions
today and Tuesday between the
hours of 9-12, they will also par-
ticipate in a basketball clinic at
the Kendal Isaacs Gymnasium
and a golf tournament at the
Radisson Cable Beach Golf
Club.

Among the players who are
here for the meeting are Samuel
Dalemert of the Philadelphia
76ers, Dikembo Mutombo of
the Houston Rockets and Theo

Ratliff of the Portland Trail-

blazers.

Dalemert, a Hiatian by birth,
has just completed ‘his fourth
season with the Sixers, but the
6-foot-11 centre said he’s excit-
ed about what’s ahead for him
and the league.

“J think every player should
be concerned about that,” said
Dalembert, who averaged 7.3
points and 8.2 rebounds per
game. “That involves all of us,
so I just want to be informed.”

This is Dalembert’s first trip

nnual meeting

to the Bahamas. He said he fell
in love the minute he arrived

because it reminded him of |

Haiti.

“T really love it here because.
I also got to meet some of the |

fans from Philadelphia and
those from high school and col-
lege,” said the graduate of St.
Patrick’s High School in New
Jersey and Seton Hall.

“But it’s a blessing for me
coming from Haiti. I really love
this game and I intend to give it
my best.”

Looking back at the past sea-
son, Dalembert said they should
have been in the playoffs, but
they didn’t play up to their stan-
dard and they have made a
pledge to come back next year
and improve their perfor-
mances. .

Dalembert said the NBA
finals between the Dallas Mav-
ericks and the Miami Heat gave

SEE page 10B |

B DIKEMBO MUTOMBO,
Houston Rockets’ centre,
poses for a photo with three
Bahamian sporting heroes —
Golden Girl Pauline Davis-
Thompson, golfer Jameica
Duncombe and Golden Girl
Eldece Clarke-Lewis.



@ TRACK AND FIELD
By KELSIE JOHNSON
Junior Sports Reporter



NIVEA SMITH, Warren Fraser and
Sheniqua Ferguson sealed double sprinting
victories at the Bahamas Association of Ath-
letic Associations (BAAA) junior nation-
als championships on Saturday by capturing
the 200 metres in their respective divisions.

Smith, who competes in the under 17 girls
division, clocked 11.92 seconds in the 100m
for the win over Iesha White who turned in
a time of 12.05 seconds and Sparkyl Cash in
12.06 seconds.

In the 200m the winning time was record-
ed at 24.64 seconds by Smith, White was
second in a time of 25.03 seconds while Car-
lene Johnson was third in 25.47 seconds.

Taking the double victory in the under 17
boys division was Fraser with times of 10.73
seconds in the 100m and 22.04 seconds in the
200m. Finishing second in the 100m was
























Tennis news,
more from the

weekend track
and field events




‘ pi ae

Shawn Lockhart in 11.08 seconds and Bran-
don Miller was third in 11.19 seconds. It was.
the same finishing order in the 200m with
Lockhart coming in second with 22.60 sec- ..
onds and Miller in third in 23.09 seconds.
After posting the fastest time for any:
juniors at the senior nationals held last:
weekend, Ferguson came back to take the:
track by storm. eee
In the 100m, she clocked 11.63 seconds:
for the win over teammate T'Shonda Webb,’

’ who finished up in 11.81 seconds and Lanece:

Clarke in 12.05 seconds. Sen
With a long rest period in between the.
two sprint races, Ferguson's recuperation,
showed with a 24.25 seconds finish in the
200m. She was followed closely by Webb in
24.68 seconds and Tamaz Thompson in 25.50
seconds. fed ae se aaeisg EGE
Ferguson has posted a season's best time
of 23.44 seconds in the 200m. She has
already qualified for both the junior CAC
games and the junior World Championships.

‘HAM & EGG
BACON & EGG
EGG & CHEESE





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