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:
2008
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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‘Christie staying as leatler

PLP chief says he will
remain until pa..y
decides to change him



@ By PAUL G TURNQUEST
Tribune Staff Reporter
pturnquest@tribunemedia.net

FORMER Prime Minister Per-
ry Christie has warned other
would-be leaders of the PLP that
until such time as the party decides
to change him as leader in a
“respectful constitutionally organ-
ised way” he will remain at his
post.

Speaking to party delegates at
the Marathon branch on Tuesday
night, Mr Christie issued his defi-
ant message in the presence of
some fellow parliamentarians.

Among those were PLP MP for

Bain and Grants Town Dr’

Bernard Nottage, West End and
Bimini MP Obie Wilchcombe, Fox
Hill MP Fred Mitchell and St
Thomas More MP Frank Smith.
Mr Christie said the PLP was
resolved and united, and when it

came out of its convention next
month, it would be the party of
choice for the people of the
Bahamas.

“So I want PLPs to disabuse
themselves tonight that there will
be any kind of knives, backstab-
bing, and this and that and the
other, and turmoil and all the oth-
ers.

“T said to the council on Thurs-
day night that everyone has a right
to run for any office of their
choice, That’s a right. We must
respect that right, and whether
that’s for leader, deputy leader,
chairman, whatever the case might
be,” he said.

However, Mr Christie added
that he did not think that, in exer-
cising this privilege, candidates
had the right to “unnecessarily
attack” other party members.

“Everyone must be given the
full flowering opportunity to chal-
lenge and then we come together
and say, ‘Hail to the Chief’ - who-
ever that is. So that’s what it’s all
about. And that’s the new spirit

SEE page 14

Christie rejects claims
by the prime minister

By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net

IN RESPONSE to a verbal assault on him by Prime Minister Hubert
Ingraham, opposition leader Perry Christie has rejected claims that he is
responsible for problems exposed in the electoral system.

He warned Mr Ingraham to “act with the dignity and maturity that
Bahamians expect of the person holding the office of prime minister” when

making public statements.

SEE page 14




















Man appears in
court accused of

attempted murder

A MAN accused of attempted
murder as well as causing grievous
harm was arraigned in Magis-
trate’s Court yesterday.

Amal Hunter, 21, of Kemp
Road, was arraigned before Chief
Magistrate Roger Gomez.
According to court dockets,
Hunter on Saturday, January 17,
attempted to cause the death of
Yovelle Thompson.

Thompson was reportedly shot
in the chest near Dumping
Ground Corner around 10am on
Saturday. Hunter was not
required to plead. The case was
adjourned to March 3 at Court
10, Nassau Street, for trial.

It is further alleged that Hunter
on the same day caused grievous
harm to Zhivargo Pratt and was in

. possession of a shotgun with the

intent to endanger the life of
Sandy Sands.
Hunter, represented by attor-



KILLS 99.99%
of GERMS








Tim Clarke/Tribune staff

VEAL

ney lan Cargill, was not required
to plead and the matters were
adjourned to April 17.
Arraigned with Hunter was 21-
year-old Jamaal Goodman Smith
of Dumping Ground Corner, who

SEE page 17



Sh

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Claim that
discontent is
threatening
unity in the
Defence Force

GROWING discontent
among some senior officers in
the Royal Bahamas Defence
Force - most of it directed
against the new commodore,
Clifford Scavella - is threaten-
ing the organisation’s unity and
effectiveness, it was claimed
last night.

Several issues are at the cen-
tre of the problem, including
the alleged victimisation of two
Muslim officers, and a dispute
over $3,000 which allegedly
was taken from wardroom
funds at the Coral Harbour .
base to be used for a social
purpose involving force per-
sonnel.

However, the commodore
adamantly dismissed these alle-
gations. During an interview
with The Tribune yesterday,

SEE page 17



Triumphant
entrance to

House for
Pinewood MP

@ By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net

BYRAN WOODSIDE, the MP
for Pinewood, made a triumphant
entrance into the House of Assem-
bly yesterday morning to thunder-
ous applause from FNM colleagues
in his first appearance in the Low-
er Chamber since the election court
tuling.

The Speaker of the House began
the session by reading a certificate

from the election court reaffirming "

that Mr Woodside is the duly-elect-
ed member for the constituency,
before Mr Woodside walked into
the Lower Chamber.

SEE page 14

Parliamentary
Registration Dept
to work with AG’s
office and police

@ By KARIN HERIG
Tribune Staff Reporter
kherig@tribunemedia.net

THE Parliamentary Registration
Department will from now on be
working closely with the Attorney
General’s Office and the police to
avoid the “egregious” system fail-

‘ures that occurred during the gen-

eral election in the Pinewood con-
stituency.

Sherilyn Hall — who is serving as
acting parliamentary commissioner

SEE page 14

MPs clash
in House
over social
legislation

@ By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net

HEATED debate erupted in the
House of Assembly yesterday
between PLP MP Melanie Griffin
and FNM minister Loretta Butler-
Turner, as the opposition MP asked
why the government had not yet
enforced two pieces of social legis-

SEE page 14


















PAGE 2, THURSDAY, JANUARY 24, 2008 ; THE TRIBUNE

RICH IN CULTURE, CAT ISLAND APPEARS TO HAVE BEEN FROZEN IN TIME

‘Bahamas’ best kept secret’

@ By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net

at Island is known

affectionately by

some of its proud
local Islanders as “God’s good
land.”

When The Tribune travelled
to the lush out island this
week, it found rich culture —
brought to vivid life by its
many musicians and dancers
— history which you can see
and touch, pink sand beaches
outlining a unusual and lofty



a _— wn a es landscape, and warm people.
FADED GLORY: The formerly grand Deveaux House was built by Andrew Deveaux Snr, father of Andrew Over and above this, there

Deveaux Jnr on land his son was granted as a reward for ousting the Spanish from Nassau in 1752. is a sense of a community

; r where time has stood still,

allowing those who were

4 pe SB ORR nN either unaware, or had for-

eI, CR GOR OL) a ea | gotten what it was like, to be

ee mmm ~ | absorbed in a truly authentic
cunenastite aie v can Bahamian experience.

In a place where a majority
of the residents still engage in
subsistence farming and gen-
erations of women earn a liv-
ing from harvesting and plait- i OSES? oan
ing straw, where three cars GLASS ACT: Bahamian owner of Sammy T’s resort and restaurant, Sam-
passing in the space of 10 min- my, pours some wine for his guests. The bar and dining room is tastefully
utes constitutes rush-hour and —_ adorned with original Bahamian artwork.
the height of local commerce
is a few small and scattered
convenience stores selling
mainly tinned and jarred
goods and coveted home-
baked breads, the 46 mile long

DUE SW) fromNasau

Take a drive along the long
and winding King’s Road and,
hidden beyond Cat Island’s
ubiquitous and verdant
foliage, unexpectedly luxuri-
ous and unique accommoda-
tion can be found on offer to
visitors, in the form’of several
small resorts owned and run
by Bahamian and expat resi-
dents.

Walk through each proper-
ty and your eyes will widen at
the sight of your new play-
ground: an empty, trash-free,
powder-sand beach.

Many Cat Islanders dwell
on a dilemma these days: how
to encourage more visitors,
Bahamian and international,
to their shores without losing
the best of their “best kept
secret”, which they hope to REE oa VERS GSE
preserve for themselves and — §QUNDS SAW GOOD: A local musician plays the saw as part of Rake ‘n’
future generations of Bahami- Scrape band, Franco and the Boys. The men play the music in its “orig-
ans. inal” form, with only a saw, accordion and goat-skin drum.

5



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LOCAL COLOUR: A traditional straw bag made from locally-sourced Cat Island palm. Venturing into the bush
to find their materials, women cut down, cure and strip the palm fronds before plaiting begins.





THE TRIBUNE

THURSDAY, JANUARY 24, 2008, PAGE 3



Police confident troubled
area can be turned around

0 In brief

School site
is ‘safe for
construction’

@ By KARIN HERIG
Tribune Staff Reporter
kherig@tribunemedia.net

SOIL samples at the
construction site of the
new TG Glover Primary
School have shown elevat-
ed levels of arsenic which
are, however, within
accepted environmental
standards, Minister of
Education Carl Bethel
told the House of Assem-
bly yesterday.

Addressing parliament
during the morning ses--
sion, Mr Bethel said that
experts have declared it
safe for construction at the
Pitt Road site to continue.

Mr Bethel explained
that soil,.sampling conduct-
ed by the Ministry of
Health and Social Devel-
opment in June 2007 con-
firmed the presence of ele-
vated levels of arsenic.

However, the Ministry
of Health is of the view
that the levels of arsenic
’ found, while elevated,

were within acceptable
United States and Florida
environmental standards,
he said.

This preliminary testing
at the site was carried out
after a complaint by build-
ing contractor E R Hanna
that toxic materials could
be found in the area.

Mr Bethel explained
that following the first
round of tests, deep core
soil samples were exam-
ined by experts of the
Groundwater and Envi-
ronmental Services Com-
pany (GES).

Tests by the GES con-
firmed the absence of any.
significant levels of toxici-
ty above the results
obtained by the Ministry
of Health.

“All the medical experts

- offered the opinion that it
was safe to continue con-
struction and for the pro-
posed TG Glover Primary
School to be completed.
Accordingly, the govern-
ment authorised the re-
commencement of con-
struction,” the minister
said.

Mr Bethel was yesterday
answering an inquiry by
Fort Charlotte MP and
former Education Minister
Alfred Sears as to whether
there has been any investi-
gation and testing of stu-
dents, faculty and staff at
the School for the Deaf -
which is located in the
northern side of the Pitt
Road site — after it was
maintained by the FNM
minister that he suspected
that there were toxins in
and around that area.

Mr Bethel answered his
predecessor by stating that
no complaints of skin irri-
tation or sickness were
received from faculty, staff
or students of the School
the Deaf and that any con-
cerns for their well-being
were resolved before the
start of 2007/2008 school

" year.

' The question of elevated

toxicity levels at the Pitt

Road site last summer

led to heated dispute

between the FNM and the

PLP...

FNM Minister of Public
Works Dr Earl Deveaux
told the public that the
contract to build the new
primary school was halted
because of health con-
cerns.

However, Dr Deveaux’
predecessor Bradley
Roberts — former PLP
Bain and Grants Town MP
~ accused the FNM of sus-
pending the contract in an
effort to “demonise” the
Christie administration by
suggesting that the PLP
had allowed construction
to go ahead on a toxic
waste site.

“The records will with-
out a doubt show that full
and proper due diligence
was executed in all phras-
es of the T G Glover
School project by the tech-
nical and administrative
staff of the Ministry of
Works,” Mr Roberts said
in July.

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@ By TANEKA
THOMPSON
Tribune Staff Reporter

tthompson@tribunemedia.net

MOTIVATED by the
recent killing of a young father
of four in the Joan’s Heights
community, police say they
are confident they can over-
come the stranglehold that
drug dealers and violent crim-
inals have on the area.

Chief Superintendent
Stephen Dean, officer-in-
charge of the Southeastern
Division, said that while the
extensive community is a
“hard-line area” that is the
home to drug dealers and pet-
ty thugs, he and his team are
optimistic that through neigh-
bourhood community watches
and a holistic approach, the
urban area will see a positive
turn around.

“That whole area is a hard
line area. It was one of our
most difficult areas to get the
people organised. We are now
able at this point to get the
people who want a safe com-
munity to form a crime
watch,” Mr Dean explained.

A community meeting is
scheduled for 7pm tonight at
New Hope Baptist Church on
New Hope Drive.

Member of Parliament for
Bamboo Town Branville
McCartney is slated to attend
the meeting.

The Tribune spoke with a
few residents of the area on
Tuesday at the scene of the
death of Marvin Seymour,
who was gunned down in cold
blood in his home in front of
his children.

Angry residents claimed
police in the area rarely
respond to their calls for
patrol cars.

One neighbour claimed she
placed a call to police to alert
them of a suspicious man loi-
tering outside the victim’s
home days before his death.
She claimed a police patrol
unit never arrived.

An officer from the station
told The Tribune that as far
as the station is concerned, a
report of that nature was nev-
er made.

Yesterday, Chief Supt Dean
contended that police patrols
have increased in the area sub-
stantially. His station has seen
the number of housebreakings
dwindle as a result, he said,
but officers face resistance in
getting the community
involved.

“Because of the type of ©

characters in the area, the
police have not had to come
there for friendly means. It
was a contentious thing, (but)
this is the area that we are
fighting hard for and we final-
ly got a breakthrough,” he
said.

Police are hopeful that the
murder of Seymour will yield
some positive results and

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bring residents with informa-
tion on criminals forward.

“We cannot allow a few
thugs, a few persons who don’t
want to live by the law to take
over communities. We are
(asking) people to come for- .
ward and we want to reassure
(them) that they can have con-
fidence in the police.

“We are positive it will hap-
pen but it’s not going to hap-
pen over night because the
community did not get there
over night,” Mr Dean said.

Marvin Seymour, 39, was
killed on Tuesday morning in
his home off East Street
South. Three gunmen kicked
in the front door of his home
and riddled him with bullets
in the presence of his four
young children.

The culprits reportedly fled
the scene in a dark coloured
car and headed off in an
unknown direction.

It was the fifth murder of
the year.

Motorist in ‘serious
condition’ after
apparent argument

A 35-YEAR-OLD man suffered a serious head injury
after an apparent argument with another motorist on
Wulff Road ended with him receiving a blow to the head
with a metal pipe.

Police are investigating the attack, which left the
motorist in a “serious condition” in hospital on Tuesday
evening, Assistant Superintendent Walter Evans yester-
day.

According to Mr Evans, the vehicles belonging to the
two men, a Ford F150 truck and a Hyundai H100 truck,
were travelling along Wulff road, near Mount Royal
Avenue when they were involved in an accident.

“As a result of that accident police believe that there
may have been some exchange,” explained Mr Evans.

The driver of the Ford truck was then allegedly struck by
the 47-year-old driver of the Hyundai with a pipe.

He was taken to the Intensive Care Unit of the Princess
Margaret Hospital.

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PAGE 4, THURSDAY, JANUARY 24, 2008 THE TRIBUNE

(cn
; EDITORIAL/LETTERS TO THE EDITOR

The Tribune Limited | Tyme that voice
of the people

Being Bound to Swear to The Dogmas of No Master
LEON E. H. DUPUCH, Publisher/Editor 1903-1914

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

Publisher/Editor 1919-1972

Contributing Editor 1972-1991

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

LL.B.
Publisher/Editor 1972-

Published Daily Monday to Saturday

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

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

Christie’s $1m promotional book

SPEAKING IN THE House of Assembly
on December 3 last year State Minister for
Finance Zhivargo Laing questioned the spend-
ing by the Christie government of almost $1
million on a glossy publication to promote the
Bahamas and attract foreign investors.

Said Mr Laing:

“They (the Christie ecveenmenty approved.a
contingency warrant to expend almost $1 million
for the promotional book which the (prime
minister) had alluded to which came out a little
under a month before elections.

“They indicated that almost $20 billion was
in the pipeline in the country having been
approved by themselves has now been upped to
$29 billion at last count, that the country had
come to almost full employment, that notwith-
standing all those wonderful, marvelous,
unprecedented facts in (the country) that at the
late hour in their tenure they felt the need to
publish this book, presumably to promote
investment in the country.”

Reading parts of the magazine — a most
attractive and informative publication — the
reason for its production at such a late hour
does not make sense. If the PLP were telling the
public the truth, there was so much investment
in the pipeline that this country could never
have kept up with the demands on its work-
force. In other words more investment was not
needed unless, of course, the plan was to sell out
the country.

There is nothing wrong with the publication
as far as graphic design and printing is con-
cerned. It is a top class publication of 290 pages,
of which 201 are in full colour.

On the web the publishers, the London-
based Caribbean Investment Profiles, promotes
it as its latest Profile, which features the
Bahamas.

The company says it is marketing the maga-
zine as “the compulsory read for all serious
investors in the Bahamas.”

It says that copies of the publication are
available at the publication’s headquarters or by
contacting the editor. An address where the
magazine is available was still up on the web
when we last checked on Saturday. According to
Mr Laing 10,000 was the full print order, which
was in Nassau. However, according to this
notice on the web there are still more in London
ready for distribution.

According to Mr Laing the publication cost

£440,000 or almost $1 million when converted to ,

dollars. We had the magazine priced locally.
The estimated price given by a reputable
Bahamas print shop was $163,263.40.

_If government, for secrecy reasons, did not
want the magazine published in the Bahamas,

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then it should have explored the options in the
US where our dollar is on par, and we would not
have had to use so much of our foreign reserves
to meet the UK bill.

But no matter which way we look at the
magazine we cannot fathom the reason for its
existence. Obviously it was not for local con-
sumption. However, it was claimed that it was
done to attract foreign investment. If that were
so then why wasn’t the emphasis strictly on the
Bahamas and its many financial benefits rather
than on Prime Minister Christie without whose
“skills” nothing could have been done. Where
did the ministers of the gospel fit into such a
publication, except to adoringly sing the prais-
es of Mr Christie?

In the publication, Mr Christie says that it is
his “unwavering conviction that the good sense
of the Bahamian people, in which I have the
greatest faith, will ensure the Progressive Liberal
Party are re-elected in 2007 for a second and
consecutive term to enable us to continue our
work.”

Throughout the magazine, the reader is
assured of Mr Christie’s victory on election day.
According to the magazine, he was guaranteed
office for at least another five years. The foreign
investor certainly cannot vote to get him there,
but he might be able to smooth his path by
helping him get there with a substantial dona-
tion. If Mr Christie is going to be the man they
will have to do business with for another term,
maybe to show their friendship they could make
a party donation to help the campaign.

In a radio broadcast, Mr Christie, who seems
to think that the PLP are entitled to lead this
country, said it was difficult for him to accept
that his party was beaten fairly.

Mr Christie told the listening radio audience
that in his 30 years in politics he had never seen
money play a role in an election as it did in the
May 2007 election.

Obviously, the PLP did not receive the dona-
tions that he expected.

Is it possible that this magazine was pub-
lished to be distributed to well-heeled foreign
investors in the expectation that they would
consider a sizable donation to the PLP elec-
tion?

We don’t say that this is the reason, because
we honestly don’t know. However, having care-
fully examined all the other options, this, in
view of Mr Christie’s complaint about the role
money played in the 2002 election, seems to us
the most probable.

But, however, one looks at it, this publication |

was obviously designed to help the PLP election
rather than the country. We, therefore, question
whether the Treasury should have paid for it.









Tel: 323-5171



_be respected

EDITOR, The Tribune.

FOR God’s sake, it is high
time that the voice of the
Bahamian people be
respected. Allyson “Count
It Again” Gibson must be
the most selfish human
being on this side of Jordan.

Many asked what it would
take to get it through her
thick skull. Pinewood con-
stituency said on May 2 that
they did not want Mrs Gib-
son, but she, like a spoiled
brat, kept trying to circum-
vent the people’s wishes.

She tortured the system,
allegedly counting the bal-
lots over and over again.
The result was not
favourable for her, so she
insisted on confirming what
is now a family trait - “all
for me baby”, or nothing.

Still reeling in shock that
an unknown rookie beat a
supposedly invincible and
untouchable candidate with
a superiority complex, Mrs
Gibson proceeded to bur-
den an already loaded court
calendar with an election
case that took too many
weeks of time that could
haye been used to help alle-
viate the backlog of cases
that she may have been
responsible for as Attorney
General.

But, as God would have
it, the court confirmed what
the people of Pinewood
already knew, that Byran
Woodside had beaten Mrs
Gibson twice in eight
months.

Punishment must really
turn her on.

As expected, she was not
gracious in her defeat. She
never congratulated Mr
Woodside for beating some
sense in her head through
the polls. Fortunately,
through all of this, Mr
Woodside was the consum-
mate gentlemen, never. dis-
tracted and always confi-
dent.

But what was so amazing
is how Mrs Gibson made it
appear to be the parliamen-
tary commissioner’s fault.
She, along with all of the
spineless PLP top brass, was
not honest enough to admit
that they were the architect
of this “holy mess.”

Pathetic Perry Christie
cannot gather enough guts

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to stare reality in the face
and admit that he, as prime

minister, as he always
reminds us, was in charge
of the whole system that
completely destroyed the
process of the registration
of voters and the “gerry-
mandering” of the con-
stituencies.

All of this, coupled with
the fact that it. was done
only weeks before the elec-

tion, compounded ne whole |

problem.

But what was so interest-
ing is that Mrs Gibson cried
foul and investigated the
very same people that were
allegedly moved from Nas-
sau Village to Pinewood to
save her seat and sacrifice
Hope Strachan.

But the plan backfired.
The people that Mrs Gib-
son thought were PLP in
fact voted FNM. Now she
and her entire PLP party

have rotten egg on their col-
lective faces.

The plan to frustrate
everyone in constituencies
like Fox Hill, Elizabeth, Sea
Breeze and other con-
stituencies, and to move
some people around, caus-
ing husband and wife to not.
only vote in different
polling stations, but differ-
ent constituencies, was
almost criminal. I dare any
PLP to say otherwise. -

But I keep remembering
what we sang while tears of
joy rolled down some of our
faces the night when Hubert
Ingraham entered the halls

_ of the last FNM convention,

“To God be the glory, great
things hath done”, and we
must all be grateful that in
such a time as this, we have
a leader who will not wither
under the pressure.

Truth is stronger than fic-
tion.

IVOINE W
INGRAHAM
Nassau,
January, 2008.

Complaining about
Internet service

EDITOR, The Tribune.

I AM writing to complain about the lousy service BaTelCo offers to
their internet and vibe customers. At the end of November my inter-
net and vibe stopped working. I called the service no. 225-5282 where
you punch in the numbers they say and the extension they give for busi-
ness services does not answer at nine o’clock in the morning 12 noon
in the afternoons, evenings or at any time. For two months I tried to get
service and got no answer from that extension.

Today finally at wit’s end I called that 225-5282 and connected to the
Call Centre and got connected to an angel Sharon Smith. I explained
my problem to her and she took the information and told me she
would personally walk it to the internet section where I could not get
them to answer the phone for two months, and guess what I got a call

from a young man in five minutes.

Sharon Smith at 225-5282 BaTelCo Call Centre I wish to com-
mend you for your helpful attitude, it's people like you that BaTelCo
should have working in frontline and helping people. You have my vote
for person of the year at BaTelCo. Your bosses really need to look into
business services internet extension, because it is lousy, and they need

to promote people like you.

MIRIAM ADDERLEY
Nassau,
January 10, 2008.

Share 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.

and share your story.

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THE TRIBUNE

THURSDAY, JANUARY 24, 2008, PAGE 5







Body of man
believed to he
Haitian washed
up on shore

THE body of a man, who
police believe to be Haitian,
has been found washed up on
the shore in front of the Nas-
sau Harbour Club on East Bay
street.

According to police, the
man showed no visible signs
of having suffered bodily trau-
ma, and the matter is current-
ly being treated as a drowning
until an autopsy can confirm
the cause of death.

Assistant Superintendent
Walter Evans said it seems
that the man’s body had been
in the water for around 24
hours.

He was unable to confirm if
the corpse was clothed.

Astronaut survey
finds no launch day
lirinking, one case
of mixing medicine
and alcohol

i CAPE CANAVERAL, Fla.

NASA said Wednesday that a
survey of astronauts and flight
surgeons found no evidence of
launch day drinking by crew
members, despite a report last
year of two cases of drunken-
ness, according to Associated
Press.

The anonymous survey

uncovered a single case of “per- *:

ceived impairment” by someone
just a day or more from blast-
ing into space, and it turned out
to be a reaction between pre-
scription medicine and alcohol.

NASA officials, citing med-
ical privacy, refused to say when
or where tte episode occurred,
oni that 1 nappened on one of
the final days leading up to
launch but not on launch day.
The crew member ultimately
was cleared for flight and rock-
eted into space.

The officials said they did not
know whether the specified case
was one of the two alleged cases
of astronaut drunkenness cited
in a report by outside medical
experts last summer.

Tne





Carl Bethel



Marco City resident preparing to
take legal action against former MP

FREEPORT, Bahamas — A
Marco City resident is prepar-
ing to take legal action against
former MP for the area, Pleas-
ant Bridgewater, for alleged
defamation of character.

Following the 2007 general
election, the PLP set out to
contest three seats won by the
government, among them Mar-
co City.

Court documents filed by
Mrs Bridgewater in June, 2007,
allege that 181 persons who
were not Bahamians or who
were not ordinarily resident in
the Marco City constituency
voted in the election, unlaw-
fully contributing to the win of
incumbent MP Zhivargo Laing.

Gaynell Garland, a resident
in Marco City for 10 years, said
she was surprised to find that
she had been named in Mrs
Bridgewater's list,as a person



sneakerha

Rosetta St.





. LOCAL NEWS

m@ By KARIN HERIG
Tribune Staff Reporter
kherig@tribunemedia.net



MINISTER of Education Carl
Bethel yesterday informed the House
of Assembly that 11 different pro-
grammes and strategies will be intro-
duced to enhance student perfor-
mance in public schools.

To improve literacy levels among
students, Mr Bethel announced that a
“literacy hour” will be introduced at
schools, which will include initiatives
related to literacy and numeracy
instruction.

Literacy and numeracy enrichment
programmes for families will also be
offered, he added.

Provisions are being made, Mr
Bethel said, to offer adequate and
appropriate teaching and learning
materials to improve literacy levels.

set for 11 different
new stategies, programmes

to improve the performance of under-
achieving students who live in spe-
cific areas.

The Ministry of Education will fur-
ther be offering improved appren-
ticeship and career-based pro-

grammes, as well as international

computer literacy certifications in
conjunction with the Bahamas Voca-
tional Training Institute (BTVI).

In evaluating a student’s perfor-
mance, Mr Bethel said, test scores
will be used to determine concentra-
tion of instruction.

A precise accountability mecha-
nism will also be introduced to mon-
itor student performance and provi-
sions will be made to offer incentives
and awards to make the students
eager to learn.

After school hours, study halls and
homework centres will be established,
the minister said.

For teachers in areas of need, he

who voted illegally in the elec-
tion.

“This is a slap in the face,”
said Ms Garland, who claimed
she voted tor Mrs Bridgewater
in the 2002 election.

“At that time I felt that she
was better to represent Marco
City. 'm very insulted, and my
parents wili be insulted as
well.”

Ms Garland claimed she is
being targeted by the senator
because she changed her mind.

“T feel like it’s my constitu-
tional right as a Bahamian to
vote for who I see fit to run the
country. We are allowed to
change our minds. If I was
Bahamian enough to vote for
her in the 2002 general elec-
tion, what has changed now?”

She said that Mrs Bridgewa-
ter and other opposition mem-
bers must now come to terms

Strategies are also being devised



with their loss at the polls.

“This is a waste of our
Bahamian tax dollars,” she
said, “and as far as I am con-
cerned it is dirty for the PLP to
take it this far.” She admon-
ished the party to “Give up”.

Ms Garland has enlisted the
legal assistance of local attor-
ney Fred Smith, who is also
lead attorney for MP Zhivargo
Laing in his election court chal-
lenge.

Mr Smith said Ms Garland
is one of seven persons who
has approached him with
regard to taking legal action
against Mrs Bridgewater. How-
ever, Ms Garland is the first to
go through with the action.

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said, there will be targeted profes-
sional development.

“These strategies will be imple-
mented through the District Improve-
ment Plan (DIP), which is designed to
increase accountability of adminis-
trators and teachers, promote
parental and community involvement,
encourage sharing of best practices
and improve teacher performance
and student achievement,” Mr Bethel
said.

The minister explained that indi-
vidual schools within the districts will
implement aspects of the DIP guided
by their assessed needs, and the over-
all vision and mission of the Ministry
of Education.

An oversight committee, made up
of representatives from a cross-sec-
tion of education sectors, will have
the responsibility for monitoring and
evaluating the progress of these plans,
Mr Bethel said.



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THE TRIBUNE

Man accused of fire at Urban

Renewal Centre appears in court

According to court dockets,
it is alleged that on Sunday,
January 6, Longley broke into
the Nassau Village Urban
Renewal Project Centre locat-
ed at Stack Avenue.

It was further alleged in
court dockets that while there,
Longley stole electronic appli-
ances and other items togeth-
er valued at $12,800.

On the charge of arson,

THE man accused of break-
ing into and setting fire to the
Nassau Village Urban Renew-
al Centre was arraigned in
Magistrate’s Court yesterday.

Rayfield Longley, 32, of
Nassau Village appeared
before Magistrate Carolita
Bethel at court eight in Bank
Lane on charges of arson,
stealing, receiving and shop-
breaking.

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court dockets alleged that
Longley, being concerned with
another on the aforemen-
tioned date, set fire to the
Urban Renewal Centre which
resulted in damages estimat-
ed at $80,000.

Longley was not required to
enter a plea to the charges and
was remanded to Her
Majesty’s Prison until Febru-
ary 7 for bail hearing and
report.

The prosecution said it
intends to proceed with the
matter via a voluntary bill of
indictment.

Michael Jordan
event sponsors
and Kerzner
donate $50,000
to Butch fund

SPONSORS of the Seventh
annual Michael Jordan Celebri-
ty Invitational joined Kerzner
International in donating
$50,000 to the Butch Kerzner
Memorial Fund last Friday.

The Butch Kerzner Memori-
al Fund was created in memory
of the late Howard ‘Butch’
Kerzner, former chief executive
officer of Kerzner International,
to improve playgrounds and
other sports facilities in public
schools in the Bahamas.

Making the donation to
Vanessa Kerzner, wife of the
late Butch Kerzner along with J
Barrie Farrington, Kerzner
senior VP, was basketball leg-
end Michael Jordan.

Jordan made the presenta-
tion during a special rock climb-
ing exercise for more than 100
students from 10 local govern-
ment schools.

The funds were part proceeds
from the Michael Jordan
Celebrity Invitational which was
held at the Ocean Club Golf
Course over the weekend.

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THE TRIBUNE

THURSDAY, JANUARY 24, 2008, PAGE 7



LOCAL NEWS

a ee ae
‘Legal heavyweights’ to
weigh in on growing
crime problem

TWO panels featuring a
number of legal heavyweights
are set to weigh in on the
growing crime problem and
the judicial system’s seeming
inability to cope with it.

The discussions will be the
focus of the College of the
Bahamas Law Library’s sec-
ond annual “Lunch and Liti-
gation” event, to be held
Wednesday January, 30.

“There is no doubt that the
general public are feeling
aggrieved and angry at the
apparent ineffectiveness of the
law enforcement agencies and
the judicial system to deal with
the ever rising number of vio-
lent criminals who are stalking
the streets of the capital when
they should be behind bars

paying for their brutal acts of

barbarism,” said the library in
a statement.

“People seem to want a
quick fix, something that will
show results immediately. But
is there one? Is it possible to
arrest the current soaring mur-
der rate quickly and efficient-
ly? Are there circumstances in
the system of catching, arrest-
- ing, trying and convicting crim-
inals that that you and I are
not aware of but which cause
inertia and frustration to police
officers, lawyers, judges and
the public?” the statement
asked.

The college said this year’s
lunch is an expanded version
of the first “very successful”
event held last year.

“This year there will be two
panels in the morning,
designed to investigate the vex-
ing crime problem,” it said.

The first is on lawyer prepa-
ration and will feature Chief
Justice Sir Burton Hall; lawyer
Wayne Munroe, president of
the Bahamas Bar Association;
student Paul Jones, vice-presi-

ont colour front

The College of the Bahamas
Law Library’s second annual
‘Lunch and Litigation’ is
scheduled for next week

an Burton eT

dent of the Eugene Dupuch
Law School Student Associa-
tion.

The second, entitled “Crime
and the Law” will see lawyer
Wayne Munroe talking on the
Bail Act, Inspector Keith Bell
presenting on the time it takes
to bring an accused person to
trial, Elsworth Johnson, who
will be talking on human rights
perspectives and Fayne
Thompson and Murrio Ducille,
who will be reassessing pun-
ishment with reference to the
death penalty and other forms
of correction.

At the luncheon itself, there

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will also be a guest speaker,
Justice Jon Isaacs, who will be
giving his perspective on what
the college described as a “sen-
sitive and vexing” situation.

“It all promises to be a very
informative and controversial
day of presentations and dis-
cussions and the College of the
Bahamas hopes that attorneys
and other interested parties
will come and support the Law
Library as it strives to raise
funds to contribute to the new
library to be built at the Oakes
Field campus,” the statement
said.

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Please include contact information andthe
most convenient time to reach you. :

’







PAGE 8, THURSDAY, JANUARY 24, 2008 THE TRIBUNE





Ambassador Designate of
Ireland pays courtesy call

DECLAN KELLY, Ambassador Designate of Ireland, paid
a courtesy call on Deputy Prime Minister and Minister of For-
eign Affairs Brent Symonette at the Ministry of Foreign Affairs

_ yesterday.

Mr Symonette conveyed The Bahamas’ interests in alternative
forms of energy, as Ireland is noted for its wind farms and
solar energy plants.

He also noted that a number of Irish investors are interested
in developing bonefishing lodges in the Bahamas, particularly in
Abaco.

Mr Kelly said the Bahamas is an “extraordinarily successful”
country in the Caribbean, where Ireland is gradually expanding
its foreign services.



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STATE attorneys tried
Wednesday to reinstate a sus-
pension that would keep All-
state’s 10 insurance companies
nationally from writing new
business in Florida, according to
Associated Press.

Insurance Commissioner
Kevin McCarty suspended All-
state last week after it refused
to turn over documents sought
by the state. Regulators want
company executives to explain
why it hadn‘’t reduced ‘rates
enough after last year’s passage
of a bill designed to lower pre-
miums.

“Florida consumers deserve
to know what is in the docu-
ments that Allstate is so aggres-
sively guarding and my office is
determined to get them,”

McCarty said Wednesday after
the 12-page appeal was filed
with the Ist District Court of
Appeal.

The court Friday allowed
Allstate to keep selling insur-
ance in Florida while the com-
pany appeals the state’s order
barring it from writing new busi-
ness,

In its response, regulators said
Allstate’s failure to provide the
documents is a willful violation
of Florida statutes and “a con-
tinuing attempt by (Allstate) to
improperly subvert, manipulate
and undermine the regulatory
process.”

If reinstated, the suspension
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ance sold by Allstate’s 10 insur-
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in the state, but does not affect
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THE TRIBUNE




Bahamians

graduate
from CIPM
programme

ELEVEN Bahamian pro-
fessionals have graduated
from the Certified Interna-
tional Project Manager pro-
gramme, recognised in 140
countries and by more than
85 universities.

The CIPM programme was
presented by the Lignum
Institute of Technology
(LIT), in association with the
American Academy of Pro-
ject Management (AAPM).
tell

Lecturer on the pro-
gramme Dr Cornel Collins
said that the project man-
agement profession has
become the fastest growing
across many industries and

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LOCAL NEWS











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”

managing a project,” he
said.

“Project managers must
possess the knowledge and
skills needed to be effective
in both the project and busi-
ness or government environ-
ment and to make decisions
that accomplish strategic
objectives.”

Skills

Dr Collins added that they
should have advanced skills
in finance, cross-cultural
awareness, leadership, com-
munication, team building,
influence, negotiation and
conflict resolution.

Corporations are seeking
project managers who are
certified, as sought after
skills are acquired through
quality training programmes,
he said.

“If companies don't know
why their projects are over
time, over budget and poor
quality then they should
have their project managers
enhance their skills, through
such programmes,” Dr
Collins said.

“Although there are sev-
eral reasons why projects
fail, the key reasons are a
lack of scope management,
budget and essential project
management skills.”

opportunities in the field are
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PAGE 10, THURSDAY, JANUARY 24, 2008



THE TRIBUNE



ALUMNI ARE RECOGNISED FOR CONTRIBUTIONS TO

The Hall of Fame: Queen’s

See ERR NENNRRREETENY

VERSTOCK SALE







ince its founding in

1890, Queen’s Col-

lege has produced

scores of alumni who

have distinguished themselves
both locally and internationally.
The Queen’s College Hall of
Fame was created to pay tribute
to the alumni who have made
significant contributions to their
communities, their professions



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sons whose interests and activ-
ities, whether professional,
vocational or voluntary, result-
ed in significant contributions
to the betterment of their com-
munities, or our country,” said
the school in a statement.

“The achievements of
Queen’s College Hall of Fame
inductees will have reflected
honour on the school. Inductees
are persons whose personal
qualities reflect the values of
good character that Queen’s
College seeks to promote in its
students: respect, fairness, kind-
ness, cooperation, honesty,
dependability, responsibility,
good citizenship, caring and
self-discipline,” it said.

On January 11, 2008, coin-
ciding with the school’s 118th
Anniversary, the Queen’s Col-
lege family inducted two dis-
tinguished alumni into the Hall
of Fame: Sir Durward Knowles,
Class of 1934 and Captain
Geoffrey Brown, Class of 1944.

The ceremony was held in
the school’s auditorium with
students, board members and
invited guests in attendance.

Introducing the inductees to
the school body were Rev
Charles Sweeting, former prin-
cipal and first inductee into the
Queen’s College Hall of Fame,
and Roger Kelty, former vice-
principal and trustee of the

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The school said that
inductees are dedicated to
Queen’s College and its devel-
opment.

Sir Durward Knowles cur-
rently serves as the chairman
of the Queen’s College Foun-
dation, which spearheads
fundraising efforts for the
school.

The Queen’s College Foun-
dation is responsible for the
building of the new Early
Learning Centre as well as oth-
er campus improvement pro-
jects.

Mr Brown is a long-standing
member of the Queen’s Col-
lege Board of Governors,




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Members: $25 « Non-members: $35

Students: $10 « At the door: $40

Box Office opens at Dundas for reserved seats from Jan 24th

Purchase Tickets and Make Reservations

ALL SMILES: Pictured left to right: Mrs Kenris Carey, president of the
Bahamas Conference of the Methodist Church, Sir Durward Knowles.
Mr Geoffrey Brown, Miss Andrea Gibson, Principal Queen's College, Rev
Charles Sweeting, first inductee QC Hall of Fame.



Tickets available’at the door (subject to seating availability)

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Sir Dutward Knowles, Captain
Geoffrey Brown inducted at
ceremony coinciding with
school’s 118th anniversary



HONOURED: Queen's College Hall of Fame 2008: Sir Durward Knowles,
Class of 1934 and Captain Geoffrey Brown, Class of 1944.

Board of Trustees and the
Queen’s College Foundation.

Students were particularly
grateful to Mr Brown for his
role in the building of the
school auditorium in the 1980s.

“The students of the school
experienced a special ceremo-
ny. learning about the accom-
plishments of two individuals
that were once students at
Queen’s College. Both Sir Dur-
ward and Mr Brown encour-
aged the students to stay true to
themselves, and to persevere
through life’s challenges with
honesty and integrity. The stu-
dents took home a message that
through hard work and self-dis-
cipline, success is achievable,”
said the statement.

Queen's College Hall of
Fame 2008 Inductees

CC epin Geoffrey
Brown was born in

Nassau on June 6, 1927 and
grew up in a large family along
the eastern shoreline of New
Providence.

He entered Queen’s College
on Charlotte Street in 1933 and
completed his schooling in
December 1944.

Shortly after leaving Queen’s
College, Geoffrey Brown fol-
lowed his interest in boating
and joined the crew of a mer-
chant ship that serviced the
Bahamas, Cuba, Haiti and
Florida.

Vibrant

Later, with his brother, he
owned and operated three fish-
ing charter boats.

In 1951, he was honoured by
the Major General of the US
Air Force for his heroic effort in
recovering bodies from sunken
wreckage off the coast of New
Providence.

In the 1960s, Captain Brown
turned trom the open waters to
set his sights on land and
launched his career as a real-
tor,

He and his partners went on
to develop many vibrant com-
munities for Bahamians,

‘Today, he continues to work
full time with his real estate
company, Brown, Morley and
Smith,

Captain Brown is dedicated
to serving his community, his
church and his school.

In his younger days, he was
involved with the Boy Scouts,
Serving as a scout master.

Along with Sir Durward
Knowles, Captain Brown start-
ed a Sea Scouts Troop.

He proudly served as band
leader for the scout drum and
bugle band.

Captain Brown is active in
the Bahamas Conference of the
Methodist Church, serving on
numerous church related
boards and committees.

At Queen's College, he is
one of the longest serving mem-
bers of the Board of Governors
and Board of ‘Trustees.

He also is a ‘Trustee of the
Queen's College Foundation.



THE TRIBUNE





THEIR COMMUNITIES,

THURSDAY, JANUARY 24, 2008, PAGE 11





LOCAL NEWS

PROFESSIONS AND SOCIETY

«



College honours its heroes

Captain Brown married Janet
Thompson in 1954. They have
two children, Angela and Geof-
trey, as well as three grandsons
and one granddaughter.

At the age of 80, Captain
Geoffrey Brown enjoys an
active and fulfilling life.

ir Durward Knowles

was born in Nassau to
the late Captain Harry and
Charlotte Knowles on Novem-
ber 2, 1917.

He began his educational
career at Queen’s College in
September 1928, completing his
studies in December 1934.

After graduating, he imme-
diately followed in his father’s
footsteps working on pilot
boats.

It is not a surprise that with
his passion for the waters, Sir
Durward took a keen interest in
sailing and excelled at every
level of this competitive sport.

In 1947, he won the World
Championships in sailing for
the Star Class.

Successful

In 1956, he went on to win
the Olympic Bronze Medal
along with Sloane Farrington, in
Melbourne, Australia.

He made Bahamian history
in 1964 when, along with Cecil
Cooke, he won the Olympic
Gold Medal in Tokyo.

Sir Durward continued com-
peting in Olympic sailing for a
record eight Olympic Games;
the last being Korea in 1988
when he was 70, making him
one of the oldest and most suc-
cessful living Olympians.

In 1964, Sir Durward was
awarded the Order of the
British Empire (OBE) at Govy-
ernment House by Her
Majesty, Queen Elizabeth II
and in, 1996, was knighted by
the Queen at Buckingham
Palace for his outstanding work
in the community and for his
Olympics achievements.

(Royal Palm Plaza, Town Centre Mall







“The
achievements
of Queen’s
College Hall of
Fame
inductees will
have reflected
honour on the
school.”



In 1997, Sir Durward was also
awarded the Bahamas Order of
Merit (BOM).

Sir Durward generously gives
ot his time, serving on many
community based committees.
He is chairman of the Queen’s
College Foundation, honorary
vice-president of Charity Guide
No.37, co-chairman of One
Bahamas, vice president of the
Bahamas Olympic Association,
member of Ebenezer Methodist
Church Board of Trustees,
president of the Bahamas Asso-
ciation for the Physically Dis-
abled, past president of the
Rotary Club of East Nassau,
and a member of the Bahamas
National Board for the Dis-
abled and Older Persons.

He, along with Bobby
Symonette, founded the
Bahamas Air Sea Rescue Asso-
ciation (BASRA).

He is also well known for his
charitable contributions to var-
ious organisations and regattas.

He is now formally retired
after serving 50 years as a har-
bour pilot, but still goes into
the office on a daily basis.

In 1947, Sir Durward married
Holly Shaw and they have three
children — Jill, Randy and Char-
lotte — and six grandchildren.

Last year, Sir Durward cele-

























brated his 60th wedding [| } fot AN RN i AAA : 4

anniversary as well as his 90 aire : SSS = -

Bena Pee ovscon TRIBUTE: Sir Durward Knowles accepts a gift from Mrs Kenris Carey, SCHOOL PRIDE: Mr Geoffrey Brown beams during the Queen’s College
; President of The Bahamas Conference of The Methodist Church. induction ceremony.

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THE TRIBUNE

PAGE 12, THURSDAY, JANUARY 24, 2008



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HOUSES

Lot #844, Golden Gates, N.P.

Single Family Residence

3 Bedrooms, 2 Bathrooms

Property Size: 6,000 sq. ft.

Building Size: 1,580 sq. ft.

Appraised Value: $162,000.00 / O.N.O.

From Carmichael Road and Mermaid Boulevard East (Golden
Gates Assembly Church), traveling south on Mermaid Blvd, go
around the bend, heading west again, and the subject property
is the 7th house on the right past the 7th corner on the right after
the curve.

Lot#462, Pinewood Gardens, N.P.
Single Family Residence
3-Bedrooms, 1-Bathroom
Property Size: 5,000 sq. ft
Building Size: 1,000 sq.ft
Appraised Value: $101,000.00

From the roundabout at Pinewood Boulevard, travel north to
Willow Tree Avenue; turn west onto Sapodilla Boulevard, the
subject is the eleventh property on left. The house is painted
white and trimmed mustard.

Lot#772, Golden Gates#2, N.P.

2 bedrooms, 1 Bathroom
Efficency 1 bedroom, 1 Bathroom
Property Size: 5,000 sq.ft
Building Size: 2,238 sq.ft
Appraised Value: $188,000.00

Travel west along Carmichael Road, turn left at Mermaid Blvd
(West of Golden Gates assembly near basketball court) travel
south to the end of that street and around the bend and the
subject is opposite the 2nd corner on your right (house #80).
The house is painted tan trimmed with brown.

Lot#384, Gleniston Gardens, N.P.
Single Family Residence

3 Bedrooms, 2 Bathrooms

Property Size: 10,875 sq.ft

Building Size: 2,028 sq.ft

Appraised Value: $258,000.00 0.N.O.

Travel east along prince Charles avenue and the subject property
is approximately 1,000 feet east of Jean street on the northern
side of Prince Charles Drive (house colour mustard with beige).

Lot#690, Pinewood Gardens, N.P.
Single Family Residence

3-Bedrooms, 2-Bathrooms

Property Size: 5,000 sq.ft

Building Size: 894 sq.ft

Appraised Value: $103,000.00 / 0.N.O.

Travel east on Charles W. Saunders Highway, turn right onto
Buttonwood (Cleveland Eneas primary School corner), travel
North to the sixth corner on left (Saffron Street), and the subject
property is the third house on left.

Lot#8, BIk#18, Seabreeze Estates#3, N.P.
Single Family Residence

4 Bedroom, 3 Bathroom

Property Size: 6,000 sq.ft

Building Size: 1,758 sq.ft

Appraised Value: $301,000.00 / 0.N.O.

Turn sauth on Sea Breeze Blvd. From Joe Farrington Road. Turn
through the first corner on the left-hand side, which is Sea Horse
Drive At the T-junction turn right and the property is the 7th
property on the left-hand side.

APARTMENTS/CONDOMINIUMS

Lot #178, Colony Village Subdivision, N.P.

Split level six unit Apartments

1-2 Bedrooms, 2-Bathrooms

1- 2 bedrooms, 1-Bathrooms / 1-Bedroom, 1-Bathroom
3-Efficiency Units

Property Size:9,300 sq.ft

Building Size:3,152 sa.ft

Appraised Value:$329,000.00/0.N.O

Enter Colony Village from Prince Charles Drive, heading south
Colony Village Road the property is the last building on the right
hand side before Malaysia Way the corner that leads into Elizabeth
Estates.

Lot #30 & 31, Block #56, Nassau Village
Duplex

Each Unit - 2 Bedrooms, 1 Bathrooms
Property Size: 6,620 sq. ft.

Building Size: 1,701 sq. ft.

Appraised Value: $177,000.00/0.N.0.

Catherine Ave, take the first right, travel to the end and go From
Taylor Street and Soldier Road (by Lowes Wholesale), turn left

at the cross roads, Alexandria Boulevard, take the second right,
Forbes Street, go left at the T-junction, Catherine Ave, take the
first right, travel to the end and go right at the T-junction and the
subject property is the seventh lot on right past the first corner
on the left.

Lot#157, Knotts Boulevard & Zachary Lane Sec.#2, FP.
Duplex Apartment

Each Unit - 3 Bedrooms, 2 Bathrooms

Property Size: 19,921 sq.ft

Building Size: 4,320 sq.ft

Appraised Value: $230,000.00/0.N.0.

Bahamia Terrace Freeport Grand Bahama

Unit #2, Lot #14, Danottage Estates, N.P.
Condominium ny
2-Bedrooms, 2-Bathrooms

Property Size: 8,883 sq.ft

Building Size:1,225 sq.ft

Appraised Value:$211,000.00/0.N.0.

From Bernard Road & Soldier Road, travel east on Bernard
Road, take the first right Thompson Street, go over the hill, take
the first left then the first right (from henceforth everything is
unpaved). The road bears left then right follow this road all the
way around and the subject property is the third property on the
right from the dead-end.

Lot#2, South Beach Subdivision, N.P.
Two Storey Townhouse

4 Bedrooms, 3 Bathrooms

Property Size: 6,000sq. ft

Building Size: 2,736 sq.ft

Appraised Value: $234,000.00/0.N.0.

The subject property is located 1 mile west of Blue Hill Road on
the southern side of Marshall Road approximately 200 yards
north of the southern shoreline directly opposite lamp pole
#65/50.

Lot#25, Section "C", Garden Hills, N.P.
Triplex Apartment

1-2 Bedrooms, 1-Bathroom

2- 1 Bedroom, 1- Bathroom

Property Size: 7,500 sq.ft

Building Size: 2,846 sq.ft

Appraised Value: $490,000.00/0.N.0.

From Global Tiles on East Street South, drive through the side
entrance and directly behind this structure and the subject
property is the split level structure immediately behind it.

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4%

TWO VERY grateful
College of the Bahamas
students have become
recipients of a study award
donated by the Lodge of St
Michael number 1634 SC
(Scottish Constitution) in
honour of past master of
the lodge Ivan Hanna.

Mr Hanna was also the
organist at St Agnes Angli-
can Church for a number
of years.

The awardees, Lloyd

yy

PICTURED (L—R) ARE: George Burrows, secretary of the Lodge of St Michael number 1634; Cheryl Carey, director financial
College of the Bahamas; Lloyd Allen; Shon Pennerman; Rudy Gardiner; Allison Dean; Mitchell Thurston, past master of Lodge 1634.

tudy award for
two COB students

PROPERTIES LISTED FOR SALE

Allen, a communications
major, and Shon
Pennerman, a music major,
were identified as
having outstanding work
ethics.

Both said they were very
happy and felt that the
award in part recognised
their dedication and hard
work.

Mr Pennerman said he
feels that he is now “get-
ting somewhere” and Mr

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aid and housing,

Allen, a mature student
who took the leap of faith
and became a full-time stu-
dent in spite of financial
difficulties, feels that his
-tHorts and conscientious-
ness are now being appre-
ciated.

Members of the Lodge of
St Michael 1634 making the
presentation were Rudy
Gary Gardiner and
Mitchell Thurston, both ex-
employees of the college,
and George Burrows. sec-
retary of lodge.

Right Worshipful Master
of the Lodge of St Michael,
Brother Dave R Munroe,
sent his good wishes to the
two young men.

Aiso in attendance for
the presentation of the
cheques were Allison
Dean. granddaughter of Mr
Haina. and Cheryl Carey,
director of financial aid
aud Housing at the College
of the Bahamas.

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THURSDAY, JANUARY 24, 2008, PAGE 13







ence penne erent nes eeumeeenteanenrcni evant



“GE 14, THURSDAY, JANUARY 24, 2008

eer

FROM page one

(
we must leave here with,” he said.

\iy Christie also said that,
despite the fact that the PLP had
just lost their Pinewood con-
sutucney challenge, Now was not
the time tor the party to start to
feel sorry far itself,

“T have come to tell you that
~as strong as we were before
the case. and new we are stronger,
too. in our resolve to move on and
make things right.” he said.

Wweat

One aiaC lied

TUR ane



Christie staying

Mr Christie also referred to
people inside and outside of the
party questioning his ability to
lead the party.

“That's fine, That happens ina
democracy. We must allow for the
fact that people have a right to
question, that people have a right
to disagree. But we must not allow
the right to question and the right
to disagree to go to the root of



Tel: 326-3985

HUET



LOCAL NEWS

our party where it begins. See, that
doesn’t make sense,” Mr Christie
said.

He also cautioned supporters
that, while the PLP may have lost

FROM page one

Mr Woodside thanked his fami-
ly, legal team, members of the
Pinewood constituency and the
senior minister he serves under,
Carl Bethel, for their support dur-
ing the process, while also saving a
few special words for the leader of
his party. :

“What can I say, Mr Speaker, of
the man whom we.call our party
leader and our prime minister, the
right Honourable Hubert Alexan-
der Ingraham, who in my opinion,
and many others, is simply the
best,” he said.

“He never doubted for one
minute, and, Sir, I say to you, thank
you for the confidence which you
have reposed in me.”

The MP agaimcalled for unity in
his constituency after the highly
contested election court case, while
declaring his elation at withstanding
the efforts of Mrs Allyson May-
nard-Gibson to retain the seat.

“And so, Mr Speaker, we did it
on Election Day May 2, we did it
again on the recount, and now we

the challenge of the Pinewood
seat, the party was successful in
showing that the electoral regis-
tration system is riddled with irreg-
ularities that must be fixed,

Triumphant

have done it again,” said Mr Wood-
side.

“We did it under the scrutiny of
the court, under which the Bahami-
an people in Pinewood have pre-
vailed. Mr Speaker I say, let the
will of the people in Pinewood pre-
vail.”

Mr Woodside was declared the
winner of the Pinewood con-
stituency by 64 votes after the elec-
tion on May 2.

After a trial that lasted more
than three months, and a 12-hour
recount process last Monday, Mr
Woodside was reaffirmed as the
winner by 49 votes — a reduced
majority of 15 votes.

Mrs Maynard-Gibson has since
said that, though she is disappoint-
ed to have not won the seat in the
court challenge, she is pleased that
deficiencies in the registration and
voting systems were exposed.

Now, she said, we all as Bahami-
ans must unite to reform the sys-
tem.

FROM page one

lation passed by the last parliament.

The war of words began during
Mrs Butler-Turner’s response to
questions raised by Mrs Griffin. The
PLP MP asked several weeks ago
if the government intended to bring
the Domestic Violence (Protection
Orders) Act, 2007, and the Child
Protection Act, 2007, into force.

She also asked if the government
intended to proceed with the Draft
Persons with Disabilities (Equal
Opportunities) Bill.

Mrs Butler-Turner said “yes” to
all these questions. However,
instead of providing a detailed
explanation of when the govern-
ment specifically intended to bring
these Acts into force, she said they
will do so “on a date to be deter-
mined.” .

Mrs Butler-Turner charged that
the PLP government failed to draft
the regulations necessary to effec-
tively administer the Child Protec-
tion Act before she tabled a list of 12
bills passed by the last parliament
that were not brought into force by
the former PLP government.

They include: The Early Child-
hood Care Act, 2004; The Copy-
right (Amendment) Act, 2004; The
Insurance Act, 2005; The Child Pro-
tection Act, 2007; The National
Health Insurance Act, 2007; The

THE TRIBUNE





MPs clash

Pensions (Amendment) Act, 2007;
The Domestic Violence (Protection
Orders) Act, 2007; The Road Traf-
fic (Amendment) Act, 2007; The
Police Service Act, 2007; The
National Honours Act, 2007; The
National Heroes Act, 2007; and The
Economic Development Enterpris-
es Act, 2007.

Mrs Griffin argued that the Child
Protection Act does not require reg-
ulations before it is brought into

‘force by the government. Rather,

she said, there is discretion as to
what the minister can create regu-
lations for.

The ministry, continued Mrs
Griffin, “was working to bring that
Act into force.”

“Tt is now eight months into the
term. Certainly Mr Speaker, we
believe that is enough time, based
on the work that was left in place,
for that Act to have been brought in
place,” said Mrs Griffin.

The Yamacraw MP said the gov-
ernment can be “as flippant” it wish-
es in response to the opposition’s
questions, but it must be remem-
bered that the two pieces of legisla-
tion in question — the Child Protec-
tion and Domestic Violence Acts —
will impact heavily on the frequency
of crime in the country.

FROM page one

On Tuesday, Mr Ingraham
blamed Perry Christie for the faults
in the electoral system exposed in
the Pinewood election court case
and said there is no need for a com-
mission of inquiry into irregularities
highlighted in the election court’s
ruling in the Pinewood case.

All that is needed, Mr Ingraham
said, is a competent prime minister
who could do his job, “and do it in a
timely manner”.

Mr Ingraham charged that these
problems did not occur in 1992, 1997
or 2002, and “Mr Christie should be
ashamed of himself.”

“There’s nothing wrong with the
system,” said the prime minister.
“It’s a very good system. We just
had an incompetent prime minis-
ter.”

Christie rejects claims

To this, Mr Christie responded:
“But I also want to take this oppor-
tunity to address some belligerent
and improper remarks made by the
prime minister yesterday. He
addressed these remarks to me
about the electoral process. Let me
say that I reject them entirely. The
only one who ought to be ashamed is
the prime minister himself.

“He should be ashamed for yet
again demonstrating to the young
people of this country how not to
be behave. The country has had
enough of this tiresome, ugly and
nasty language and Hubert Ingra-
ham simply needs to act with the
dignity and maturity that Bahami-
ans expect of the person holding the
office of prime minister,” said Mr



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Christie.

Instead of levelling these types of
personal attacks, Mr Christie said
the prime minister should look to
correct some of the deficiencies
exposed in the case.

“Whenever a non-Bahamian can
buy a voter's card for $1,000 and
vote in a Bahamian general election,
whenever statements made by that
same non-Bahamian Manani Tay-
lor suggest that this was not an iso-
lated incident, it is a threat to our
birthright and clearly undermines
the way we govern ourselves,” said
Mr Christie.

“As Bahamians, we should all be
gravely concerned.”

Mr Christie suggested that an all-
party conference should now be
established as a means to produce
solutions to deficiencies in the reg-
istration and voting systems.

“We know, for example, that indi-
viduals were registered for the 2007
election who were not qualified to be
on the registration list, even to the
extent of registering non-citizens,”
said Mr Christie. “As Prime Minis-
ter, Mr Ingraham must say how he
intends to deal with that issue.”

Mr Christie further declared that
blame cannot and should not be
placed at his feet for voter fraud and
corruption in the last election.

FROM page one

while Errol Bethel is out of the
country on vacation — conceded
yesterday that human error may
have played a role in accepting
fraudulent identification documents
during the voters’ registration
process leading up to the May 2
election.

Senior Justice Anita Allen and
Justice Jon Isaacs, in their written
ruling in the Pinewood election
case, said the matter had exposed
“the most egregious failures in the
parliamentary registration system.”

The judges also found that the
parliamentary commissioner failed
in ensuring the integrity of the reg-
istration process in Pinewood.

Acting parliamentary commis-
sioner Mr Hall said yesterday that
he does not think the judges’ ruling
was too harsh in its wording.

“They have a job to do, but we
just have to clean house and are
going to try and bring our system in
line with the judges’ ruling,” he
said.

Mr Hall explained that the par-
liamentary registration department
will from now on be working very
closely with the Attorney General’s
Office and police in an effort to
avoid a situation similar to that of
the Pinewood case in future.

Except for valid passports, birth
certificates and photo ID from a
known and established business in
the Bahamas, the parliamentary
registration department will from
now on not be accepting any other

“Perry Christie and the PLP were
not there when Manani Taylor says
he paid $1,000 for a voter's card.
Perry Christie and the PLP were not
there when people were allowed to
register to vote who were not quali-
fied to be so registered. As prime
minister, Mr Ingraham cannot flip-
pantly dismiss these issues and the
issues raised by the justices, where
they state:

‘Perhaps the time is appropriate
for the Parliamentary Commissioner
to comprehensively examine the prac-
tices and procedures of the Parlia-
mentary Registration Department
with a view to ensuring that what we
saw in Pinewood does not reoccur...’

“This is a matter which should not
be dealt with lightly, but as a serious
issue that needs to be addressed by
all parties in the best interest of the
Bahamian people and our democ-
racy,” said Mr Christie.

The country is in serious need of
leadership, argued the opposition
leader, who then challenged the
prime minister. 3

“While Bimini is burning and
schoolboys get murdered - shot to
death - in broad daylight on Bay
Street, Hubert Ingraham is wasting
time on political rallies, talking about
counting, counting and more count-
ing,”



Parliamentary
documents of identification, he said.

All other documents, especially
affidavits, will be sent directly to
the Attorney General’s Office for
verification.

“Human errors were made by
our staff, but they were not made
deliberately. We made on-the-spot
judgments (about the veracity of
documents). We made them in
good faith,” he said. ;

However, Mr Hall said that such
on-the-spot judgments will no
longer be made at his department.

“The Attorney General’s Office
is going to get involved, the lawyers
are going to be asked to advise us
and when it comes to training we’re
going to bring the police to help
train our people in what to look
for in fraudulent documents.

“We are now going look at the
system, We are now going to tighten
up the way we do things,” he said.

Addressing the person of Parlia-
mentary Commissioner Errol
Bethel, Mr Hall said of his superior:

“T’ve worked with Mr Bethel for
the last ten years and I believe that
he is a capable experienced public
officer and he loves this country as
much as I do and he would not do
anything to harm the integrity of
our registration system. He did his
best as did all of our staff mem-
bers. We love this country, we want
to see the best for it, we don’t want
anybody tearing down our nation.”

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The general public is advised that
the mid-day Prayer Meeting for
BETHESDA FAITH MINISTRIES
has now been relocated to the
West wing of the Bahamas Faith
Ministries Int’! Carmichael Road.
Service time for mid-day prayer
12 noon - 2p.m.

For further info please contact:

392-3278

St Agnes Anglican Church in
Orange Creek, Cat Island
received much needed help last
weekend from some friends in
the capital.

The Anglican Church Men
(ACM) singing group the “Sons
ot Thunder” which was formed
in September of 2005S, arrived
on Cat Island on Friday, Janu-
ary 18 under the directorship of
Herbert Scott.

They were accompanied by
10 other men from various
ACM groups in Nassau.

Once on the island, the group
rolled up their sleeves and
began to work.

All day Friday and Saturday
the workmen laboured in the
hot sun.

Then on Sunday morning
members of Holy Cross in
Dumfries and St Andrew's in
Arthur’s ‘Town were enchant-
ed by the melodious voices of
the renowned “Sons of ‘Thun-
derâ„¢ choir.

Fr Burton, priest in charge of
St Agnes, said he was impressed
by the work the men completed
during the course of the week-
end.

Many other churches in Cat
Island said they could use the
same kind assistance.

The clergy, vestry and peo-
ple of St Saviour’s Parish extend
sincere thanks to Fr Shazzas-
bazzar Turnquest, former musi-
cal director now assigned to St
Margaret's, Nicholls Town,
Andros for initiating this con-
voy,” said the church in a state-
ment.

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THE TRIBUNE





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THE TRIBUNE

FROM page one

he vehemently rejected claims of
victimisation, stressing the force’s
transparency and openness.

“I am satisfied there is trans-
parency and the system allows for
everyone to complain,” he said,
with officers having the right to
report to the ministry if they felt it
necessary.

On the issue of wardroom
funds, Commodore Scavella said
he conferred with his subordinates
and there were “no reports of any
money being misused from the
wardroom funds”.

Commodore Scavella has been
accused by some officers of being
“dictatorial” and invoking court
martial procedures more than any
of his predecessors in his bid to
impose discipline on the force.

But he explained that the force
was in transition to ensure it was
run as a military organisation.
Therefore every officer must
adhere to military guidelines.

“The Defence Force is in tran-
sition and is going back to basics.
We're ensuring the force is run as
a military and we’re in the process
of diversifying the force.

“One of our (past) criticisms is
that enlisted persons were always
disciplined and commissioned offi-
cers were not. We have said that
commissioned officers will now be
disciplined. I suppose that is a dif-
ficulty that some of the old officers
who breach (rules) must (face).”

An inside source appealed to
The Tribune for the Minister of

National Security, Tommy Turn-.

quest, to intervene in this “fiasco”
or else the force would incur some
“serious problems”. It was claimed
that'Commodore Scavella inter-
fered with the court. martial
process and used favoured junior
officers in senior positions, alien-
ating many senior officers in the
process.

When contacted for comment
yesterday, Minister Turnquest said
he had close oversight on the
RBDF.

“I meet with the commodore
on a regular basis and I am updat-
ed constantly. We are very familiar
with what’s going on at the
Defence Force and we know that
there are some personality clashes
down there.

“However, we had a senior offi-
cers retreat two Fridays ago and I
thought that Commodore Scavel-
la made an excellent speech. I
thought he reached out to those
persons who were in the running
for his job and were not chosen,”
the minister said.

Mr Turnquest said he was
aware of Commodore Scavella’s

Sart

Defence Force

quest to instill discipline through-
out the force, and that there
was “nothing untoward” in the
RBDF’s internal court proceed-
ings.

He would not comment specil-
ically on any pending cases, only
re-stated that he “is very aware of
what is going on at the base.”

When asked about the dispute
over $3,000 in wardroom funds,
Mr Turnquest replied: “That story
is not true.”

When Commodore Scavella
succeeded Commodore Davey
Rolle a year ago, his appointment
was welcomed by the officer corps,

who felt the force was in need of

new impetus and direction.

He arrived with a reputation as
a disciplinary “hardman” after the
force had been embroiled in a
number of scandals and mishaps
over several years.

After welcoming his early
efforts to establish the force on a
new foundation, some officers now
feel Commodore Scavella is
undermining morale by using the
force’s own court procedures to
reinforce his alleged “dictatorial”
attitudes.

One issue to spark concern was

SSeS

the alleged court martial of a Mus-
lim officer for insubordination

after he refused to join in Christian
prayers during parade. Another
was the alleged “banishment” of
another Muslim officer to the
Inagua base, which colleagues
claim is an inappropriate posting,
for someone of his rank.

“The military has rules and reg-
ulations and they are to be con-
formed by all officers - Christian,
Muslim, all religions must obey.
There is nothing in terms of vic-
timisation. That does not exist.
There is complete openness and
the minister is completely
involved,” rebutted the Com-
modore.

Critics claim that $3,000 from
wardroom funds was wrongly
spent on another function, leav-
ing only $500 in the kitty.

Lt Commander Kline, acting
senior counsel at the Attorney
General’s Office, weighed in on
the issue yesterday. He could not
comment specifically on the com-
plaints, but said:

“One of the difficulties I know
officers have had is, because of
the military nature of the organi-

‘sation, it is sometimes difficult for

them to complain.

“There is a need for greater
transparency and for the Ministry
of National Security to exercise

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fersace in the Crystal Court
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greater control over the adminis- :

trative end at the base.
“One of the challenges I think is

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THURSDAY, JANUARY 24, 2008, PAGE 17
nnn nn

Man appears in court

FROM page one

is charged with abetting the mur-
der of Yovelle Thompson, to
which he to was not required to

i plead. That matter was also been

ede os : adjourned to March 3.
In his opinion, many officers at;
the base were “behind God’s : ney Koed Smith, representing

back” without proper access to the ? Jamaal Goodman Smith, rose to
redress system and were reluc- : ..4 whether there wae any

tank te come: tocward wih Conic: authority that would allow the

Laat year a rétired Muslim off i matter to be stood down so that
cer filed suit against the force : police could conduct a proper
claiming his constitutional rights | vestigation.
were violated because he was not ;

allowed to “fall out” of a Christian ; the virtual complainant in his

: client’s case had not yet been

Before the arraignment, attor-

Mr Smith told the court that

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interviewed by police.

He also pointed out that wit-
nesses police intended to rely on
were his client’s own family mem-
bers, who could not help their
case.

Inspector Althea Porter, pros-
ecuting, said it was her assump-
tion that, when a file reached her
desk, police had done the proper
investigation.

Chief Magistrate Gomez, not-
ing Mr Smith’s concerns, said the
court’s hands were “tied.”

He said once an accused per-
son was brought before the
courts they had to be arraigned.
Both accused were remanded to
prison without bail.

Bishop V. G. Clarke



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PAGE 18, THURSDAY, JANUARY 24, 2008

THE TRIBUNE

ie ee aS ee

gg ee
“This is now the time for healing and for moving forward. Let us work together but not just to make

Pinewood a great constituency but to make the Commonwealth of the Bahamas all that it can be.”





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Byran Woodside

Pinewood MP vows to
continue people’s work

i BY CLUNIS DEVANEY

PINEWOOD MP Byran
Woodside said yesterday that
with the Election Court chal-
lenge for the Pinewood seat suc-
cessfully behind him, he can
now move ahead with making
his contribution to the country
he loves so much.

The court’s ruling declaring
Mr Woodside the winner and
duly elected member of parlia-
ment for the Pinewood con-
stituency was formally commu-
nicated to parliament by House
Speaker Alvin Smith, who read
into the record a letter to that
effect signed by Senior Justice
Anita Allen and Justice Jon
Isaacs.

Addressing the House on his
victory, Mr Woodside said, “I
commit myself to do the job to
which the prime minister has
appointed me to do: to engage
our young people in employ-
ment so that they can find jobs
so that they can be all that they
desire to be.”

The Pinewood MP, who was
appointed Minister of State for
Youth and Sports, said he will
also encourage young people to
be enterprising Bahamians
through entrepreneurialism,
and encourage them to seek
empowerment so that they can
use all the talents.

Mr Woodside thanked Prime
Minister Hubert Ingraham,
Education, Youth, Sports and
Culture Minister Carl Bethel,
his immediate family and the





TIME FOR HEALING: Byran Woodside after the election court ruling which declared hi
the winner in the Pinewood constituency by 49 votes.

people of Pinewood for their
confidence and support during
the four-month-long Election
Court process.

“While I am very pleased
with the end results, | am aware
that the process could have end-
ed in a different way, and so |
say to God be the glory, for He
continues to work out His pur-
pose in my life,” he said.

“We have a lot to do as we
continue to build our country,
The Bahamas,” Mr Woodside
stated. “With this behind me, I
can now move ahead with con-
tributing and making my con-
tribution to this country I love
so greatly.

“This is now the time for
healing and for moving forward.
Let us work together but not

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just to make Pinewood a great
constituency but to make the
Commonwealth of the
Bahamas all that it can be.”

Mr Woodside said he did not
enter politics for money, pres-
tige or power. “I entered politics
because I’ve been convicted
that when good men stand idly
on the wayside, evil men run
things by default.”

He added that he entered
politics because “I wanted to
be of service to my country.”

The Pinewood MP paid spe-
cial tribute to Pinewood resi-
dent Jenny Cartwright, now
deceased, whom he said
believed in him.

“Each of us has a duty: we
have a duty to our family, we
have a duty to our country, we
have a duty to the God we
serve, if we believe in one,” said
Mr Woodside.

“But we have a duty as well
to our nation. I believe my duty
is to do my part in any little way
that I can to help to make this
little nation the best nation it

“can be in this western hemi-

sphere.

“And so, we did it on Elec-
tion Day, May 2, 2007; we did it
again on the recount and now
we have done it again. We did it
under the scrutiny of the court,
under which the will of the
Bahamian people in Pinewood
has prevailed.”

He added: “It is my desire to
see the young people of this
nation rise above the scourge
of crime, rise above teenage
pregnancy, rise above illiteracy
and be all that they can be and
fulfill God’s promises for their
lives.”

bedrooms | living rooms | dining rooms | recliners
Seva pmen centers j es desks & chaits







Californian
onvicted
in Bolivia



Juan Karita/AP Photo



SENTENCED: US citizen Triston Jay Amero di’ “| 5 a copy of the
Koran during his trial in court in La Paz in this Gucober 24, 2007 file
photo. Amero, from California, was sentenced on Tuesday, Jan. 22,
2008 to 30 years in prison without parole for killing two people in
hotel bombings in Bolivia’s capital in 2006.

B LA PAZ, Bolivia

e

A California man who adopted the name of a fictional vampire
has been sentenced to 30 years in prison without parole for killing
two people in hotel bombings, the government news agency and an
attorney who attended the sentencing said yesterday, according to
the Associted Press.

Triston Jay Amero, 26, was convicted Tuesday of killing two peo-
ple by setting off dynamite in two low-rent hotels in the Bolivian
capital in 2006, according to the state’s ABI news agency and
Javier Albarracin, an attorney for the victims and owner of one of
the bombed hotels. Also convicted was Amero’s former girlfriend,
Alda Ribeiro Costa, 47, of Uruguay.

Amero has legally changed his name to Lestat Claudius de
Orleans y Montevideo, said Paul Wolf, a Washington, D.C.-based
lawyer monitoring the case on behalf of Amero’s family. The
name is derived from a character in Anne Rice’s vampire novels.

The Placerville man, in and out of psychiatric hospitals and
juvenile prisons since he was 7 years old, has frequently threatened
suicide and violence against authorities, according to court docu-
ments in the United States.

The case even intruded into U.S.-Bolivian relations.

“This American was putting bombs in hotels,” President Evo
Morales said shortly after Amero was arrested. “The U.S. gov-
ernment fights terrorism, and they send us terrorists.”

That prompted protests and denials from U.S. officials, and
Wolf suggested Morales’ comments tainted the trial: “You have the
president of the country saying this guy is guilty. That’s not fair.”

Wolf said that Amero’s mother, Donna Scheda, declined to
comment on the verdict. In his travels through South America
before the bombings, Amero had described himself as a Saudi
Arabian lawyer, a pagan high priest, a notary public and even a
vampire. Amero’was convicted of bombing an automatic cash
machine in northern Argentina before he arrived in Bolivia, where
he obtained a legal license to sell dynamite.
~ Prison officials last year said Amero tried to attack his own
attorney with a kitchen knife. A search of his cell turned up a bot-
tle of gasoline and Amero confessed that he planned to “set fire to
the prison superintendent and the United States diplomat who
visits him every now and then,” prison security director Edgar
Andrade told reporters.



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THURSDAY, JANUARY 24, 2008, PAGE 19

INTERNATIONAL NEWS
WADE TO GO: NATIONAL FLOOD EMERGENCY IN BOLIVIA

cabot AEA it 2

ONE, il

AP Photo

SWAMPED: People wade through a flooded street in Puerto Villaroel, Bolivia, yesterday. Bolivia’s government declared a national emergency
Tuesday due to flooding that has killed 20 people nationwide in the last three months

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PAGE 20, THURSDAY, JANUARY 24, 2008

THE TRIBUNE



From left: Rose Bethel, mané ger, Personal Financial Services, RBC Andros Branch; Joyce Coleby- Riviere, area manager, Family Islands
and winner Genevie Tiny Johnson of Fresh Creek Andros.

abraCARDabra...
Behold the

RBC Royal Bank of Canada is pleased to announce that Genevie
Tiny Johnson (pictured above, right) of Fresh Creek Andros is
the winner of the RBC abraCARDabra “Magic Minute” contest
held during October-November 2007. During her “Magic
Minute”on December 19th, Genevie was able to make as many
$500 withdrawals as her skill and speed allowed — up to $1,500!

On hand to witness the official drawing
of the winning entry were (pictured from
left) K. Tex Pinder, manager, Customer
Service and Operations, New Providence
& Grand Bahama, RBC; Ricardo
ces | Ingraham, senior auditor, Deloitte &
Touche and Fanchon Braynen, senior manager, Customer
Service, Operations & Human Resources, RBC FINCO.



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|
Kenya protesters burn

building as Annan tries
to resolve poll dispute

r
i

ssi

snouatl



Karel Prinsioo/AP Photo

A KENYAN opposition supporter runs el blazing cars, on Wednesday 2008, Nairobi, Kenya. Dozens of pro-
testers set fire to an office building Wednesday after police fired tear gas at youths throwing rocks outside
a memorial service, which was held in honour of victims of the country’ s election violence.

@ NAIROBI, Kenya

Protesters set fire to a gov-
ernment office building
Wednesday, forcing workers to
climb out windows as former
U.N. chief Kofi Annan tried to
resolve the dispute over
Kenya’s presidential election,
according to the Associated
Press.

The melee started after police
fired tear gas at stone-throwing
youths during a memorial ser-
vice organized by the opposi-
tion to honor those killed since
the Dec. 27. election.

President Mwai Kibaki won a
second five-year term, but the
opposition and internationg]
observers say the vote tally was
rigged. Some 685 people have
been killed in riots and ethnic
fighting.

During the memorial service,
opposition leader Raila Odin-
ga said Kenya’s 40-plus tribes

« should not be at war with one
another.

“This is a war between the
people of Kenya and a very



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small bloodthirsty clique cling-
ing to power,” Odinga told
about 800 supporters in a sports
ground. Just outside, young
men were stopping cars, beating
people and taunting police.

‘ Police initially held their fire

but eventually responded with
tear gas, some of which landed
inside the sports ground and
forced the mourne:: to flee.
About 50 young mer: then set
upon the government-owned
telecommunications building,
smashing windows and starting
fires.

“We don’t know what hap-
pened,” Mary Bwire, a secre-
tary at the office, told The Asso-
ciated Press. “Suddenly there
were stones everywhere. We all
hid under tables.”

She and several other work-
ers crawled out ground-floor
windows to safety.

Under pressure from Annan,
Kenya’s opposition later called
off plans for a day of protests
Thursday, a small victory on the
former U.N. secretary-general’s
first day of mediation. Police

Caribbean Gold
Parboiled Rice

have banned all demonstrations,
and at least 24 people died in
three days of protests last week.
Most of the deaths were blamed
on police. “On the request of
the mediation team we have
called off the activities we had.
planned for tomorrow,” said
William Ruto, a leading oppo-
sition figure.

In Limuru, about 15 miles
outside Nairobi, police fired at
men with machetes who
blocked the road and demand-
ed to know people’s ethnicity,
Nancy Chumba, a witness, said
by telephone. Two people were
fatally shot, according to a
police official who spoke on
condition of anonymity because
he was not authorized to talk
to the media. Another two peo-
ple were found dead in Naire=
bi’s slums, police said.

Annan is the latest interna-
tional figure to try to intervene
in the standoff. The chairman
of the African Union, Ghanian
President John Kufuor, failed
to persuade Kibaki and Odinga
even to meet.





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TRIBUNE



THURS





>DAY, JANUARY



‘Bribes’ only way to ‘achieve
business goals within time’

@ By NEIL HARTNELL
Tribune Business Editor

aying ‘bribes’ to facilitate
planning applications and per-
mit approvals to the Ministry
of Works is the only way
many Bahamian businessmen
fee) they can “achieve business objectives
in a timely manner”, a draft of a report set

_ to be presented to Prime Minister Hubert

Ingraham has revealed.

The report, compiled by the Chamber of

Commerce from feedback received from
its members and businessmen in round-
table sessions, found the private sector
had numerous concerns with the planning
process, recommending that the Town
Planning Act be reformed and the

‘approval in principle’ be clearly defined.

The Chamber report said: “The well-
documented and often-discussed bottle-
necks within the Ministry of Works have

invariably led to the public’s perception of

enhanced power in the hands of a few piv-
otal public servants, matched with a great
susceptibility to corruption or, at a mini-
mum, openness to inducements.

“While participants in the Roundtable
did not acknowledge personal involve-
ment in offering inducement to a person,
they all believed that paying someone to
move a project forward was the only real-
istic way of achieving business objectives in
a timely manner.”

The Chamber report backs up the find-
ings of the audit and assessment conduct-
ed last year on the Ministry of Works by



‘Incentives end would
add 30-40% tc wesort

UK-based Crown Agents. The report not-
ed that there had been complaints of
“questionable behaviour”, with allega-
tions that payment was being sought for
issuing licences, permits and approvals.

Perceived or real, concerns about busi-
nessmen and investors being solicited for
bribes and kickbacks to facilitate plan-
ning and permit applications have the abil-
ity to do great damage, not just to the
Ministry of Works and the Government,
but the whole planning process, private
sector and the economy.

Meanwhile, the Chamber report said
there was a need for “greater clarity” in
relation to what an ‘approval in principle’

See BRIBES, page 12B

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Customs woes
harm business
efficiency, costs

m@ By NEIL HARTNELL
Tribune Business Editor’

THE cost of goods for
Bahamian consumers is being
increased by the Customs
Department’s failure to con-
sistently reimburse the ship-
ping companies for the costs
they incur when imports into
this nation are confiscated,
shippers and Bahamian busi-
nesses have charged.

A draft Bahamas Chamber
of Commerce report on the
feedback obtained from the
business community on ineffi-
ciencies in the public sector

Bahamas may face 9-10 per cent
increase in cost of imports

that increase the cost of doing
business, a copy of which has
been obtained by The Tribune.
revealed that businesses and
shipping companies were
“perennially not receiving pay-
ments due to them” from Cus-
toms when confiscated goods
were auctioned.

When Bahamian residents
and companies did not pay the
required import and stamp
duties on their imported goods,
these products were confiscat-
ed and delivered to the Cus-

See CUSTOMS, SB














































ro s e ct CO sts el ati ee SEE Chamber chief says major
ribune Business itor * .
p J Se food store chain told him
THE cost of goods imported that if Florida’s 6.5 per cent
@ By NEIL HARTNELL enjoyed on their investment from Florida to the Bahamas .
Tribune Business was lower than the yield they could increase by 9-10 per cent, Te sales = eremipuon
Editor could achieve in rival desti- increasing prices for consumers repealed, its costs will
ee nations. and raising inflation and the rise $3m and $25m in
MANY Bahamas-based To compensate them for cost of living, due to a “brew- 83 $25 rae
resort investments would not — this, the Bahamas had to ing storm” in the Sunshine purchases from Miami
have taken place if the incen- offer a range of tax breaks State, the Chamber of Com- switched elsewhere

merce’s president warned yes-
terday.

With Florida’s Tax and Bud-
get Reform Commission
mulling whether to place a
repeal of the 6 per cent export
sales tax exemption on the vot-

and investment incentives
that compensated for this,
and ensured investors
obtained their desired return.

“The cost of doing busi-
ness in the Bahamas is
exceedingly high,” Mr Comi-
to told The Tribune.

“If the incentives did not
exist, it would not allow
many of the tourism invest-
ments to come to the front

tives and tax breaks they
enjoyed had not been avail-
able to them, a senior hotel
executive told The Tribune
yesterday, as without these
another 30-40 per cent would
have been added to their
costs.

Responding to the Inter-
national Monetary Fund’s
(IMF) assertion that the
existing level of investment

er ballot scheduled for Novem-
ber 2008, Dionisio D’Aguilar





SEE page 8B

incentives were “overly gen- — end.” j
erous”, Frank Comito, the He added: “The whole
Bahamas Hotel Associa- idea behind investment

incentives is to get ongoing
revenues to sustain employ-
ment, government tax rev-
enues and spin-off entrepre-
neurial opportunities.
“Atlantis is a perfect
example of what spin-off
opportunities from these
investments can be. I suspect

tion’s (BHA) executive vice-
president, said he felt many
existing or potential investors
in the Bahamas would dis-
agree with that notion.

This was because relative-
ly high costs of doing busi-
ness in the Bahamas, cou-
pled with structural chal-
lenges such as poor worker
productivity, meant that the
| rate of return that developers



SEE page 4B







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PAGE 2B, THURSDAY, JANUARY 24, 2008

THE TRIBUNE



Ta en er

tive vice-president



Ministry of Tourism
is ‘not surprised’
at hotels’ losses

@ By CARA BRENNEN-
BETHEL
Tribune Business

Reporter

THE Ministry of Tourism’s
director-general yesterday told
Tribune Business that it was
“not surprising” that 60 per
cent of Bahamian hotels sus-
tained a net loss in 2007, given



the numerous challenges the
industry faced last year.

Vernice Walkine said the
Bahamas had to confront a
softening United States econ-
omy, combined with spiralling
energy costs and the effects of
the Western Hemisphere Tray-
el Initiative (WHTI), which
also impacted tourism through-
out the Caribbean.

The director-general,
responding to the findings of a
- Bahamas Hotel Association
(BHA) survey, said the
biggest challenge for 2008 was
the extremely high operating
costs faced by Bahamian
hotels.

She added that even though
in many cases hotel room rates
went up, the resorts were not
meeting their target yields,
which was why revenues were
down.

“Currently, this country has
one of the highest costs in the
region, and we have to find a
way to cause the hotel sector to
operate at lower costs,” Ms
Walkine said.

She said, though, that finding
the balance between operat-
ing costs such as electricity,
water and gas would be diffi-
cult to achieve.

From the Ministry of Touris-
m’s perspective, Ms Walkine
said they were not alarmed by
the hotels’ performance, which
“does not come as a total sur-
prise”.

The ministry was proactive-
ly targeting gtravel markets
outside the United States, in
countries such as Canada and
Europe, to counter any nega-
tive impact that may arise as
a result of the economic strains
the US may experience this
year.

The director-general also
expressed confidence that the

TOURISM’S dirk

Government would resolve the
issues relating to the overtime
fees that the airlines have to
pay to the Customs and Immi-
gration Departments to clear
after-hour flights.

Ms Walkine said carriers
such as American Eagle are
being penalsed for this, as they
answer the demand for flight
frequency.

“The Government is aware
of this, and I am satisfied that
they will do all that they can to
resolve the matter.

Currently, airlines with
flights landing at Lynden Pin-
dling International Airport
(LPIA) in the evening after
normal working hours are
required to cover the overtime
costs that Customs and Immi-
gration incur in deploying per-



APRA eee ELL CNIS

sonnel to deal with these
arrivals.

This has discouraged carri-
ers, such as American Eagle
and Continental Connection,
from flying into Nassau during
the evening hours.

said
both airlines had indicated that
servicing New Providence with
evening flights would be “eco-
nomically to their advantage”,
and the tourism industry was
“certain” they would come if
not faced with having to pay
$2.5 million per annum in over-
time costs.°
Mr Comito said such a
development, if it happened,
would result in a “net revenue
gain” for both the Government
and the hotel industry.

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THE TRIBUNE

THURSDAY, JANUARY 24, 2008, PAGE 3B





Winterbotham boosts the
Bahamas ‘show of strength’

@ By NEIL HARTNELL
Tribune Business Editor

THE Winterbotham Trust
Company has become the sec-
ond Bahamas-based financial
services provider to obtain an
honour in Euromoney’s 2008
private banking awards, gen-
erating what its chief execu-
tive described as “show of
strength” by this nation’s finan-
cial industry.

Alan Davidson said Winter-
botham’s award for ‘Best Off-
shore Services - Caribbean’,
which it won alongside KPMG,
together with Butterfield’s
Best Local Private Bank in the
Caribbean honour, proves the
Bahamas has “very good ser-
vices providers” who can com-
pete with any global institu-
tion.

“I think it speaks for itself,”
Mr Davidson told The Tri-
bune. “These things aren’t easy
to get. Euromoney has to do

their homework, and overall
it’s great for the Bahamas.

“Certainly, for the institu-
tions to have these awards -
and there may be others - it
goes to show we’re very good
service providers overall. It’s
great for the island. It’s a show
of strength. I can’t imagine any
other Caribbean island getting
more than one award.”

Mr Davidson said Winter-
botham, which was founded 16
years ago as a Bahamian-based
bank and financial services
provider, was “very proud” to
have won the Euromoney
award.

He added that the awards
were usually given to larger
players, rather than niche
financial services providers
such as his own business.

The Winterbotham chief
executive said he believed the
company’s responsiveness to
client requests, turnaround
time and service quality were

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the decisive factors in it win-
ning the award.

“T think it was the timely
response we give to people,”
he added. “We're very quick
at providing results. It’s the
dedication of our people in the
Bahamas, and we’re always
looking to provide solutions
very quickly.’

“We know we're good at
some things, but 1 think it’s
basically because of service.”

Winterbotham’s Nassau
office employs 24, while anoth-
er 30 staff are based in
Uruguay.

While most Bahamas-based
financial institutions are
focused on private wealth man-
agement as their core business,
Winterbotham has carved out
its own separate niche in fund
administration; corporate ser-
vices, where it handles compa-
ny administration and incor-
poration; a trust business: and
a banking business, where it
deals with receipts and pay-

rolls on behalf of clients.

Having adjusted “very.

quickly” to the Central bank’s
decision several years ago to
phase out managed banks, Mr
Davidson told The Tribune:
“We have a very strong niche.

“We are a service and solu-
tions provider for corporate
clients and institutions. Here
is mostly wealth management,

but we’re not in wealth man-

agement. From that, we’ve
built up a very strong reputa-
tion in Latin America among
financial institutions and asset
managers.”

As a fund administrator,
Winterbotham administers
funds that have some $8 bil-
lion in assets under manage-
ment, calculating daily net
asset values (NAVs), register-
ing funds with the Securities
Commission, licensing them
and taking care of the corpo-
rate structure.

With staff members able to
speak fluent Portuguese and

When it comes to diagnosing and

Spanish, Winterbotham’s
clients are concentrated main-
ly in Europe and Latin Amer-
ica. Clients, especially from
Brazil, are looking to increas-
ingly structure transactions and
investment structures through
jurisdictions such as the
Bahamas.

“We’re just going to carry
on doing what we do and what
we do best,” Mr Davidson said.
“We’ve just hired a guy for
corporate finance, which would
again be for very specialist
deals involving mergers and
acquisitions, initial public offer-
ings.

“T was talking some time ago
to the IDB, and they were
quite surprised at the number
of effective deals we have here
or are in the pipeline.”

Euromoney Awards for
Excellence are globally recog-
nised benchmarks in the bank-
ing industry. The winners are
chosen by a panel of
Euromoney editors, with assis-



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technologies not available in the Caribbean, including
PET/CT and 3-Tesla MRI. These technologies —

unique to the U.S. = can help save lives by diagnosing

and staging cancer, as well as other diseases.

Now, you can get a life-saving scan at one of Flite

Imaging’s two South Florida locations. Best of all,

most Bahamian health insurance providers pay for our

tests and, in some cases, even your travel is covered.

ELITE SS IMAGING |

305-692-2222 @ 242-302-0342 ¢ www.eliteimaging.net ¢ MRI- MRA — PET/CT



tance from their correspon-
dents in each region.

Published in the United
Kingdom, Euromoney is an
influential publication in capi-
tal markets with an average of
145,000 readers worldwide.

The magazine reports its
highest readership in the UK
and Europe, followed by the
Americas, Asia and the Middle
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TS

For the stories

TA Ue a ES
MEE
YU CTE TES

IS
\N \ DCTBREPVP>é:«;} }HR





Call to schedule your scan today, and ask about dur

flight/hotel/scan packages.

Breast MRI: $1,250 U.S.
Other MRI’s starting at $550.

PET/CT (used in cancer diagnosis
and management): $2,400.







FROM page 4B

ny thade investments ‘would not

have come on stream if they

had to add 30-40 per cent on to
‘the cost of their investment in




BUSINESS

Trade Liberalisation’s 2003
report found that operating
profits achieved by Nassau
hotels were 59 per cent and 7/4
per cent lower than their coun
terparts in the Caribbean and

IBUNE i

steam



unt of hotel
| by the

hat the
NCESSIONS #
rous.” the?

4



: the US. al tall notediG
the Bahamas. They [investors] Utility and mechanical costs I mplicitlyt4
4 have to service that investment for the Nassau hotel were 36 r domestt-
‘with debt servicing.” per cent and 114 per cenit igh ds and ser-14
The cost of doing business er than for its Caribbean and in tics agreed, 18
_in the Bahamas, and the drag it~ US counterparts respects cly. | the statuto- 4
imposes on hotel: industry sus- The report identified as “a ch Nplons and +4
‘tainability and profitability, is major culprit” the oS elee ited under 34
nothing new and has been an tricity costs in the Bahamas. cement
ongoing issue with regard.to where hotels would typically i: lation.
the industry’s competitiveness pay BEC $0. 16- $0. 18 per hilo Cl) molm thei Mi
for many. yéars.: ‘Yet nothing watt per hour, which was twice tal i hh promoters, *
as beén done about it. the level for businesses in on limit the scope
The ‘Tourism ‘asktoree on countries such as Ireland, the Ww nts lo pure"!
UK, Germany, the US aid som luding the
Spain. Wor ther real
And addressing the recent thre lopments that
For the stories , Bahamas Business Outlook Liv euliv covered
; Conference, Christophe ns law.”
behind the news, ne partner nol rhiment was «
p for the $1.4 billion Albany olin is of Agree-
read Ua ifoLins development, said investors an iment deals st
roy a) Mondays in the Bahamas were faced cen istic admin-
with costs that are $0.70) wer thev:com- 16
higher on every $1. OU) iv. the IMFir
“The encouragements in las | petition for Li
the Hotel Encouragement — era) ivestment in da
Act partially offset those in) I “not per- ie
things, but we have areal | reduction ing
tax in doing business here.) teal | icessions Lown
he said. pen ‘ x
ARE NOW
ONLINE!!! LEGAL Ni
NOTIC! AO)
your fooma An rent Sate Bahamas International Busin ”
(No.45 of 20 end more
{assau OF
In Voluntary Liquids newhére



Notice is hereby given in accordance Ww! sree tui
Bahamas International Business (0
WELLER MANAGEMENT LEI)
CAN MANAGEMENT SERVICES

Liquidator and can be contacted at lai ech ¢
PO. Box N-10429, Nassau, Bahanias |
against the above-named compan

addresses and particulars of thei)

before 20th December, 2007 Sabpart

SS}

For Information on Be
Weather, Family
Visas’ & much, muc
us today!
#57 Collins Avenue.
Tel: 328-0264 / 328
info@premiertra el

PANAMERICAN MANAGEMENT = 33 2
SERVICES (BAHAMAS) LTD
Liquidator es



T: 325-4969

AERIAL ies REL

Te

IES AORTA TUE

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ACIP EEE mega pT PECDOCB

Kami Kaze



Mega Drop |
Flying Bob: !

Saturday, _ 26th - Saturday, February 2nd
Store Hours: Monday - Saturday 9:00am - 5:30pm







THE TRIBUNE

THURSDAY, JANUARY 24, 2008, PAGE 5B



CUSTOMS, from 1

toms Warehouse.

The Chamber report said:
“Items not collected within a
designated period of time are
auctioned off. When auc-
tioned, the consideration paid
to Bahamas Customis is expect-
ed to include cost and freight
charges that are due and
payable to the applicable ship-
ping companies.

“On a routine basis, the ship-
ping companies are not paid
anything to reimburse them -
partially or otherwise - for the
costs of shipping and broker-
age/trucking services.”

The draft report added:
“When shipping companies are
forced to fully absorb trans-
port costs for confiscated
goods, it increases the costs of
goods to the general public.

“Customs claims that
refunds are processed within
six months, but this is rarely
done. One Chamber member
noted that they have not
received a refund for freight
in 29 years of doing business
in the shipping industry.”

The Chamber report said the
auction process was “in urgent
need of reform”. It suggested
that the Customs Department
should acknowledged receipt
of requests for funds, and use a
process of minimum bids that
incorporate proportionate allo-
cations for duties, freight and

0

A global leader in audit, tax and advisory services

Chartered Accountants.

owiss cooperative. All rights reserved.



AUDIT «= TAX »§ ADVISORY

© 2008. KPMG, a Bahamas partnership, and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a

ground transportation.

The report recommended
that “shippers should be paid a
proportionate amount for
freight irrespective of how
much the lowest bid was”. Pay-
ment to shipping firms should
not be denied, it added, on the
basis that the amount received
from the auction was “too low
to share”.

The feedback, obtained in
roundtable sessions with
Chamber and business com-
munity members, found that
Bahamian companies had
formed the opinion that when
doing business with the Cus-
toms Department, “it is all
about who you know” rather
than knowledge of policies and
procedures.

The Chamber report said:
“In general, businesses need
to know the right broker who
knew the right Customs Offi-
cers. Brokers identify officers
who have the clout to get
things done, and they ‘oil the
wheels to get more things
through the system’. Regret-
tably, that process has become
the routine way of doing busi-
ness.

“The ‘who you know’ way
of doing business clearly leads
to corruption in people and in
the process. In the long run,
the general public suffers
because those with the ability
to pay to ‘oil the wheels’ get
preferential service, and those
who don’t get inadequate
attention.

Manager

BUSINESS

“The process should be
overhauled and multiple infor-
mation streams/processes
established to serve the differ-
ing needs of the general public
and those of the business com-
munity. Businesses with the
need for more comprehensive
and expedited services should
pay more for that privilege.”

The Chamber report, the
final version of which is due to
be presented to Prime Minister
Hubert Ingraham, added that
there were not enough Cus-
toms officers to deal with the
volume of business the depart-
ment had to handle.

Chamber members and busi-
nesses had complained there
were only two Customs offi-
cers assigned to respond to
calls from the major stupping
agencies.

Meanwhile, other business
men complained that the ‘new
generation’ of Customs offi-
cers “does not appear to take
their jobs seriously”. The busi-
ness community felt they were
not responsive to their needs,
and did not provide efficient
and timely service.

“Time lost diminishes cus-
tomer satisfaction,” The
Chamber report said. “Time
lost is money lost. The inabili-
ty to deliver products or ser-
vices which require imported
goods/products ‘at the pace of
the customer’s business’ dimin-
ishes competitiveness.

“This has huge risks for the
business community in that it is



We are currently seeking qualified Managers to join our Audit practice.

Successful candidates for the Manager position must have at least six years professional public accounting
experience, two of which should be at a supervisory level. Experience as an Assistant manager would be a plus.
Applicants must hold a CPA, CA, or other professional designation recognized by the Bahamas Institute of

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

Applicants should submit a cover letter, resume, and a copy of their professional certification to: KPMG, Human Resources
Manager, P.O. Box N123, Nassau, Bahamas or acash@kpmg.com.bs. Telephane: (242) 393 2007



MINISTRY OF WORKS & TRANSPORT

NOTICE

MILO BUTLER HIGHWAY
ROAD CONTSTRUCTION - ROAD CLOSURES

In an effort to improve the road network in New

_ Providence the existing Milo Butler Highway is be-
ing upgraded and extended to Carmichael Road.
The Construction of the new extension requires
road closures and diversions. The following traffic
management schemes are planned for

Saturday 26 January 2008.

- Temporary junction improvements at Fire Trail
Road and Faith Avenue

«Closure of Bellot Road on the west side of Faith
Avenue

Closure of Hamster Road on the west side of
Faith Avenue

Delays are possible and you are asked to use an
alternative route to avoid this area. Sorry for any
inconvenience caused to the motoring public.



constantly required to compete
for limited opportunities.
Delays and inefficiencies in
Customs have indirect, and
oftentimes immediate, finan-
cial costs.”

The Chamber report urged
that the number of Customs
officers to conduct onsite
inspections be increased, as it
was felt there were only sev-
en such staff available for this
task.

iy ae all aspects of Nota

Cuisine: Wit
sees st

ave 8-10 years experience.

tl Contact:Tel 328-8382



Earn a Bachelor of Science Degree

in

Hotel or Tourism Management

University of the West Indies,
Centre for Hotel and Tourism Management (CHTM)
Telephone: (242) 323-5714 or (242) 356-0659

SPECIFICATIONS/PRE-REQUISTE

Top-quality education, at an affordable price (low tuition)
Has an Associate degree with a grade point average of 2.5
Can attend evening classes twice weekly

Part-time students complete a Bachelors degreee ina
minimum of three years

edit will be granted for both Associate in Arts
“and Associate in Science degrees.



The Bahamas Real Estate Association in conjunction with the
National Association of Realtors (NAR) will be hosting the:



ef¢ CERTIFIED INTERNATIONAL PROPERTIES
SPECIALIST (CIPS) COURSE



(1) February 11th - 12th, 2008
International Real ahs ela Local Markets

(2) ae Pe Pat:
Europe and Coe Un(ctel mI)

Venue: Sandals ae ee al onaeas een
Time: 9:00 am. - 5:00 p.m. daily

Cost: $600.00 p/p

Instructor: Tony Macaluso, National Association of Realtors (NAR)



APPRAISAL COURSE



1st session: February 18th - 22nd
2nd session: May 26th - 30th

Venue: British Colonial Hilton Hotel, Bay Street
Time: Ya.m. - 5p.m. CEM

Cost: $2,000.00 p/p

Instructor: Mr. Larry Sticca —

SPACES ARE LIMITED TO 45 PERSONS:
Registration will be done oll emilee paid Sree

NB: This course mi oo be offered every two years
- Don't MS) HO to) feel






Registration forms may be collected from the office of the
Bahamas Real Estate Association, Dowdeswell Street.
For further details telephone: 356-4578 Or 325-4942.

Note: Courses are SIMU BREA members One






| HURSDAY, JANUARY 24, 2008

BUSINESS

THE TRIBUNE



tin
idments to the
f the Bahamas

Te

‘| aims to regulate money

NNEN-

ess

aing, minis-

ance, vester-

size of the

regulator’s Board from three
to five directors, bring money
transfer businesses under its
supervision, and provide new
euidelines for applicants wish-
ing to become bank and trust
company licensees.
Introducing the amend-
ments, Mr Laing said that
increasing the size of thge Cen-

tral Bank’s Board would deep-
en the expertise and experi-
ence available to the regula-
tor’s executive management.
“The increase in the num-
ber of directors should also
assist the bank to more effec-
tively and efficiently address
various policy issues through
committees of the board, thus

enhancing the corporate goy-
ernance regime of the bank,”
the minister said.

He added that the amend-
ments would also clarify pro-
visions in the Act that deal

' with the maximum fine that

may be imposed on licensees
for deficiencies in statutory
reserve requirements and liq-
uid asset ratios. It would also

give the courts and Central
Bank the discretion to deter-
mine the fine that may be
imposed.

Mr Laing explained that cur-
rently, fines are payable either
on summary conviction, or on
the administration order of the
Central Bank Governor, for
breach of statutory require-
ments. He said that since 1990,

the regulator has imposed a
fine of 1/10 of 1 per cent on
licensees for breaches that
were incurred on primary
reserves, and a daily fine of 1
per cent for deficiencies in liq-
uid assets ratios (the ratio of
liquid assets to deposit liabili-
ties) far less than the annual
discount rate.

Mr Laing added that the

















Viarketing Manager

iding wholesaler seeks to hire a creative, experienced and highly
ivated individual for the position o- Marketing Manager. This
| person will report directly to the sales and marketing VP and will
responsible for expanding the organization’s revenue base;

iting market research studies and analyzing their findings;
veloping, implementing and evaluating marketing strategies; and
iilding relationships with external business partners.

terested persons should possess:

\r least a Bachelor's degree in marketing or business management
| L'xcellent leadership and coaching skills

A\t least five years’ experience in marketing diverse product lines
Good track recotd supporting sales expansion

The ability to think strategically

I-xcellent communication and presentation skills

Proficiency in various computer applications



d application letter and resume along with references to:

Marketing Position
P.O. Box N-1299, Nassau, Bahamas



- athe Christian Book Shop
L Spreading the Light of the LL acral li
Rost etta Street at Mt. Royal Avenue e T: 322-1306





8STEPS

fa © reate “the

ie “YOU



_ STOREWIDE

Excluding: Robes, Communionware,
Bulletins & Bahamian Authors/Artist’s

“January 26th - Saturday, February 2nd



OU CCU HC LURID Y

Bill provides for fines up to a
maximum of twice the annual
discount rate, which is cur-
rently set at 5 1/4 per cent.
The minister stressed that
the Bill was not seeking to
increase the amount of the
fine, but rather to set in clear
terms its upper limits.
Additionally, Mr Laing said
proposed amendments to the
Banks and Trust Companies
regulations were being pro-
posed to facilitate the
Bahamas’ compliance with the
standards issued by the Finan-
cial Action Task Force
(FATF) on supervising mon-
ey transfer and alternative.
remittance. systems. This
includes services such as wire
transfer companies
“The minister said the
amendments seek to ratio-
nalise and simplify the regula-
tory framework for these insti-
tutions by placing them under
the supervision of the Central
Bank, rather than the Inspec-

Legal Notice

NOTICE

INTERNATIONAL BUSINESS COMPANIES
ACT
(No.45 of 2000)

SUZANOPAR INVESTMENTOS LTD.
In Ve ntary liquidation

Notice is hereby given that in accordance with Section 137 (4) ,

of the International Business Companies Act (No. 45 of 2000),

SUZANOPAR INVESTMENTOS LTD. has been dissolved and

struck off the Register according to the Certificate of Dissolution

issued by the Registrar General on the 14th day of December, 2007.

LUIS PINEYRUA PITTALUGA
Juncal 1305, 21st Floor,
Montevideo,

Republic Oriental del Uruguay
Liquidator



SEE next page



The Counselling

Services Provided Drug Abuse Therapy
Individual Therapy Depression | Anxiety
(Child and Adult) Work Stress Therapy
Family Therapy Financial Consulting/Counselling

Marilyn Li Hah ee MSW; ACSW;CAPP
erapist | oma line
East Ave. Centerville
ANC Be Cite Cr Centerville Food Store)
Email: 2_mlo@bellsouth.net
P.O. Box N-9149
Nassau, Bahamas
(242) 328-6201
786) 489-5429



Grant Thornton

“A Passion for the business of Accounting”

JOB OPPORTUNITIES AT GRANT THORNTON

























Grant Thornton has opportunities for Associates and
a Manager in its assurance and advisory practice.
Student associates must be enrolled at the College of
The Bahama: or have graduated with a Bachelor’s
degree in Accounting from a recognized University.
Student associates must be on a path towards taking
the Uniform Certified Public Accountant examinations
or other recognized accounting examinations.

The applicants for manager must have a minimum of
6 years experience in auditing with proven leadership
skills, excellent technical skills, and willing to work
in an exciting and rewarding industry.

Please send resumes to infol @gtbahamas.net or
Fax to 242-322-7517.

Grant Thornton is the Bahamas member of
Grant Thornton International, the world’s fifth largest
international organization of independently owned
and managed accounting and consulting firms.
Grant Thornion offers a variety of service lines

including = «ssurance, accounting —_ assistance,
management consulting, liquidations, financial
advisory, corporate services and regulatory

consulting.



THE TRIBUNE





transfer firms





POA



tor of Financial and Corpo-
rate Service Providers or the
Securities Commissions.

“When this bill is passed,”
Mr Laing said, money trans-
mission providers will have to
be licensed and registered by
the Central Bank. The Bill will
also impose an annual pre-
scribed fee of $5,000 for mon-
ey transmission service
providers licensed by the Cen-
tral Bank.

Those business seeking to
provide money transmission
services must adhere to these
regulatory requirements:

* Only companies incorpo-
rated under the Companies
Act 1992 will be allowed to

ACCA (the Association of Chartered Certified
Accountants)

presents an informative seminar

PLANNING
A CAREER IN
FINANCIAL SERVICES

provide services

* Companies of less than
five persons must organise
themselves into a company
with a minimum capital of
$50,000, as required for
providers licensed by the Cen-
tral Bank, and pay an annual
registration fee of $2500,

Money transfer businesses,

Mr Laing said, must maintain
the same level of transparency
and control as banking insti-
tutions, and comply with the
Financial Transaction Report-
ing Act.

Additional amendments will
require shareholders of appli-
cants seeking to become

G

Temple Christian

licensees of the Central Bank
of to submit net worth state-
ments, which certify that their
net worth is at least five times
the value of share capital.
The Central Bank will
accept in lieu of two charac-
ter references, a letter of good
standing from the home regu-
lator of proposed licensees
that have parent companies in
Zone A countries- countries
which have full membership
in the OECD or any country
which has concluded lending
arrangements with the IMF
associated with the General
Agreement to borrow. This
would verify that proper due
diligence had been done.

High School

"Teach Me, O Lord, Thy Way”... Psat 119/33

TEMPLE CHRISTIAN HIGH SCHOOL

’ Entrance



¢ How to pursue the ACCA Professional
Scheme Qualification
and the
Certified Accounting Technician Programme

Wednesday, January 30, 2008
5:30 pm — 7:00 pm

at the

The Bahamas Chamber of Commerce
Collins Avenue and Shirley Street

Bahamas

Admission is free

Please note space is limited.

Examination
2008-2009

Temple Christian High School will hold its Entrance
Examination on SATURDAY, FEBRUARY 9th, 2008
at the school on Shirley Street from 8:00a.m.-12 noon
for students wishing to enter grades 7, 8, 9 and 10.

Application forms are available at High School
Office. The application fee is twenty dollats ($20.00).
Application forms should be completed and
returned to the school by Friday, February 8th, 2008

To register: 380-4722 or 328-8734
Contact: Terrence Bethel
Professional Certifications Bahamas
Located upstairs, Wong Plaza

-Madiera Street, Palmdale

For further information please call.
394-4481 or 394-4484

NOW LEASING! !
Brooke House

Caves Village, Nassau, Bahamas

Brooke

law or

ra
Ped

louse is the perfect location for an offshore bank,

recounting firm. Located on the western end of

Nassau, Bahamas, Brooke House is a 14,000 square foot

retreat from the lusile and bustle of busy downtown Nassau.

Brooke. House is only minutes away from The Sir Lynden

Pindling luternational Airport, trternational banks, law and

accounting firms, hotels, fine restaurants, shops and much

more, Opening is May 2008.

‘Tel: 242.3

CONTACT:

“y Ary
“4

322.7270 |

inloéecosseservices.com

Shameka Fernander

Fax: 242.356.3969

THURSDAY, JANUARY 24, 2008; PAGE 7B







Full time cashier needed ©

Applicants must be 30 years
old or older, honest, flexible, reliable and
customer service oriented.
Experience is an asset.

‘Serious enquiries only.

Tel: 325 - 5488 Mon-Fri 9a.m. - 4p.m.
Fax: 328-5498

HARBORSIDE RESORT AT ATLANTIS IS SEEKING FORA
HUMAN RESOURCES DIRECTOR

Harborside Resort at Atlantis is currently recruiting for a Human Resources Director to join
our team. This person will be responsible for developing, implementing and ceordinating
Human Resources policies and programs for-the following: Employment, Employee
Relations, Wages & Salary Administration, Benefits Administration, Safety, and Employee
Services,

We are seeking a dynamic HR Leader with the following skills:
Bachelor's Degree or equivalent in Human Resources,

Aminimum of 7-10 years of Human Resources Management work experience with broad knowledge of
employment and recruiting, compensation, and employee relations. Candidates must possess stronz
management skills and principles.

Experience in a fast-paced organization and leading a HR work group. This position will oversee the
Human Resources (eam of a Recruiting Specialist, HR Generalist, and HR Assistant.

Mast possess a high energy level and be extremely comfortable performing multi-faceted projects in
conjunction with day-to-day activities. Must be a self-starter with lots of initiative.

Strong Customer Service Orientation and keen interpersonal abilitics to work well with diverse
personalities in a multi-cultural work environment; tactful, mature and flexible.

Exceptional judgment and reasoning abilities. He/she should be results and people oriented, and have
the ability to understand the client's business and anticipate their HR needs.

Strong communication skills - written and verbal. Must be able to prepare comprehensive reports.
presentations and represent ideas clearly and concisely to all levels of associates,

Highly organized and possess considerable knowledge of management-labor relations, principles and
practices of Human Resources Administration, Collective Bargaining, local labor laws and
regulations as well as the ability to interpret personnel rules, laws and policies.

For immediate consideration please submit resumes online at: 3 xp ro
Sa

www.starwoodvo.com/careers
or e-mail a brief cover letter with your resume at: HARBOR
RESO.

Recruitment-Caribbean@star woodyvo.com
"Reference: HR position Bahamas) eet
Pre- employment drug screening and background required.

ATLANTIS

TRE ATLANTRS VACATION SUB.



THE DEPARTMENT OF STATISTICS
AVERAGE QUARTERLY PRICES FOR SELECTED ITEMS;
NEW PROVIDENCE: SELECTED QUARTERS 2005 — 2007

Irish Pota

Se
See se
ee,
Drumsticks
[Dried Mik [6a | 2] 239 | 2@ |
a

Electricity Rates
(Private Residence)

' The rate of electricity (including the surcharge) has constantly been increasing on the
Island of New Providence. During the third quarters of 2005 to 2007, the electricity
rate increased 23.6 percent.

For the past three years, the Department of Statistics has documented an increase in
the cost of diesel. Between 2005 and 2007, there has been an increase of 16.1%:
however, a slight decrease of 0.3% was recorded between the 3“ quarters of 2006

and 2007.

The cost for a pound of whole chicken has steadily been on the rise. Between 2005 and
2006, an increase of 1.1 percent was noted. A further increase of 5.5 percent was
c recorded between 2006 and 2007.

,











PAGE 8B, THURSDAY, JANUARY 24, 2008

DELTEC BANK & TRUST LIMITED

Invites applications for the position of

CLIENT SERWICES MANAGER

Responsibilities will include (but are not limited to):

Maintaining regular contact with clients on their account
servicing/administration matters

Initiating and monitoring the execution of client instructions
Overseeing and reviewing client cash, currency hedging
and credit positions

General administration of client accounts, liaising with
other departments, managers and group offices
Reviewing and completing investment fund subscription
documentation and handling redemptions

Supervision of two staff members

The successful candidate should have:

Degree in Business Administration or Finance

Excellent relationship and communication skills

Strong interpersonal and motivational qualities
Minimum five (5) years experience in the offshore private
banking sector, preferably in a client relationship position

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

Interested persons may submit resumes to the
Human Resources Manager either by email to
anh@deltecbank.com or by fax to 362-4623.
ABSOLUTELY NO TELEPHONE CALLS! :

All applications will be held in the strictest confidence and
only candidates under consideration will be contacted.





PIC

Professional Insurance
Consultants

Professional Insurance Consultants
_ has a vacancy for a

Receptionist/Data Entry Clerk

Applicants should:

© Have excellent people skills and telephone technique
© Be cheerful, enthusiastic, punctual and presentable

© Be computer-literate

© Have the right attitude towards the public and all others

Please apply by e-mail only to info@picinsure.com.
No phone calls or faxes will be entertained.





THE TRIBUNE

Bahamas may face

9-10% increase in

cost of imports

FROM page1B

told a Chamber luncheon on
the issue that this would fur-
ther fuel inflationary pressures
if the measure came to pass.

Mr D’Aguilar said he had
received an e-mail from a
major Bahamas-based food
retail chain, warning that if the
export sales tax exemption was
repealed, “we have estimated
this change will cost my com-
pany $3 million” per year.

As a result, the Bahamas-
based retailer said it would
have to move the $25 million
worth of goods that it pur-
chased from Miami through
switching purchasing to anoth-
er state.

Mr D’Aguilar added that if
the 6 per cent export sales tax
exemption, which benefits all
goods imported by the
Bahamas to Florida, was
repealed, all major whole-
salers, retailers and food store
chains would experience an
increase in purchasing costs
that they would have to pass
on to consumers.

As examples, the Chamber
president said the likes of
wholesalers Asa H Pritchard,
Lightbourne Trading and Milo
B Butler & Sons; retailers Kel-
ly’s Home Centre and John S
George, and food stores such
as City Markets, Super Value
and Solomon’s, “will all see the
first cost of the goods they
import from Florida increase
by 6 per cent”.

Given that Customs levied
an average import duty of 35
per cent on the cost (CIF) of
all imports, plus another 7 per
cent stamp duty, Mr D’Aguilar
said the Government’s tax take
would also increase as a result
of the sales tax exemption’s
repeal.

This, in turn, would furthe

increase the cost of goods for
the end consumer, and the
Chamber president warned
that if this scenario came to
pass, Bahamians will “soon see
the cost of all goods imported
from Florida increase by 9 per
cent”.

Mr D’Aguilar’s analysis was
supported by Adam Hasner,
the Republican deputy major-
ity leader in the Florida House
of Representatives,.

He told the Chamber lun-

- cheon: “Repealing the sales tax

exemption would have an
extremely impactful result on
the Bahamas. lt would have an
inflationary effect, and increase
the cost of goods and services
between 6-7 per cent.

“With additional taxes, it
may be 10 per cent. Some busi-
nesses here would clearly start
buying their goods from states
other than Florida.”

Mr Hasner said the state of
Florida had a $2 billion deficit
in its $71 billion annual Budget
that it was constitutionally
mandated to fill, and Democ-
ratic legislators had targeted
the sales tax exemptions as one
way to raise revenues to nar-
row this hole.

He added that Florida cur-
rently provided for $12-$13 bil-
lion in sales tax exemptions per
annum, some of which went
on food, medicines, and resi-
dential rent. Some $4 billion
in tax exemptions currently go
on goods exported from Flori-
da to the Bahamas and other
Caribbean states.

Mr Hasner said most, if not

all, Republican members of the
state legislature would vote
against any move by the
Democrats to raise taxes, argu-
ing that this would hurt Florida
exporters and the jobs they
provided. In addition, it did
not make sense to raise taxes
during an economic downturn,
or roll back tax exemptions,



Mr Hasner added.

Yet the Tax and Budget
Reform Commission had the
ability to go directly to the
Florida electorate in the
November 2008 ballot, he
added. If at least 60 per cent
voted in favour of the amend-
ment to review the export sales
tax exemption, then the state
legislature would be obligated
to consider it and vote on
whether to retain it in March
2009.

While the Republican
majority would probably block
any repeal of the export sales
tax exemption, elections for
the state legislature are also
being held this November, and .
it is possible the balance of
power could change in favour
of the Democrats.

Mr Hasner said goods pur-
chased by Bahamian firms in
other states, but shipped
through Florida, were also like-_
ly to be subject to the sales tax.

According to the Depart-
ment of Statistics, in 2005, the
last year for which complete
trade data is available, the
Bahamas imported some
$2.155 billion worth of goods
from the US, some 84 per cent
of its total $2.567 billion import
bill.

The total amount of goods
imported directly from Florida
was not detailed, but even ifit .
was as low as $1 billion, a 6 per
cent sales tax imposed on that
figure would raise the cost of —
goods imported into the -
Bahamas by some $60 million .
per annum - a major increase
that is likely to be a severe
underestimate.

Dividing that figure by
300,000, the estimated size of
the Bahamian population, and
this nation’s import bill will -,
rise by $200 per person - every .
man, woman and child - if
Florida does away with the
sales tax exemption.

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THE TRIBUNE

THURSDAY, JANUARY 24, 2008, PAGE 9B



Weakening economy
should prompt at-
risk workers to
update resumes

@ By EILEEN ALT POWELL
AP Business Writer

NEW YORK (AP) — If
you’re worried about losing
your job as the United States
economy weakens, it’s time to
update your resume in case you

need to hunt for new employ- .

ment.

Your goal should be making
your resume stand out from the
hundreds of other resumes that
employers receive. °

It used to be that a resume — *

which is a brief, written sum-
mary of an individual’s educa-
tion, work and accomplish-
ments — started with a “state-
ment of purpose,” something
akin to “I’m seeking a chal-
lenging position that offers pro-
fessional growth.” But that
doesn’t make the jobseeker dis-
tinctive from the competition.

“You really need to highlight
your last five years of experi-
ence and concrete accomplish-
ments,” said John A Chal-
lenger, chief executive officer
of the Challenger, Gray &
Christmas Inc. outplacement
firm in Chicago. “That’s what
makes you stand out.”

Challenger said, for example,
that “saying you are a market-
ing executive with experience
in brand management” doesn’t
make you stand out because
most market executives have
those skills. But “saying that
you are a marketing executive
who developed the concept and
designed the materials for an
advertising campaign for a new
brand” reveals much more, he
said.

Job applicants also have to
realize that they’re applying to

work for,yery busy people, so_

they have to keep the Kéyitems

in their resumes brief and to
the point, he added.

It should go without saying .

that all resumes have some
things in common:

e They’re attractive to look
at, whether mailed or e-mailed

e The content has been
checked for typos and gram-
matical errors

e The contact information 1s
correct

Kate Wendleton, president
of the Five O’Clock Club, a
career coaching and outplace-
ment firm in New York, said
jobseekers also should prepare
a cover letter for their resumes.

In brief, it should say you’ve
been following the company’s
activities, that you have a num-
ber of years of experience in
the relevant field, that your
most important accomplish-
ments are X and Y, and that
you'd appreciate 20 minutes of
the would-be employer’s time
to discuss the job.

Workers — especially those
who are changing fields — need
to make sure their resumes use
the right vocabulary in describ-
ing their skills, said Wendleton,
author of “Packaging Yourself:
The Targeted Resume.”

“We had a person with bank-
ing experience, an executive
who specialized in check pro-
cessing, who came in to work
with us,” she said. “Now he
wanted to work in hospitals,
but they don’t do check pro-
cessing. So he had to get the
word ’check’ off his resume and
emphasize transaction process-
ing, which hospitals do.”

Those who have done a lot
of job hopping — which could
make a worker look unreliable
— can make it less obvious in

the way they organize their
resumes, she said.

Say someone has worked at
three companies in the past sev-
en years. Wendleton recom-
mends that instead of listing
each job separately, the job-
seeker should create a single
category like “research man-
agement, 2000 to present” and
incorporate the three compa-
nies below that with emphasis
on accomplishments over the
stated period of time.

“Remember, visual appear-
ance, is very important,” she
said.

Both Challenger and
Wendleton emphasized that
finding the right person to send
the resume to is very impor-
tant. The best choice is not the
head of the human resources
department but the person who
eventually could be your direct
supervisor.

“Resumes have become so
easy to send out with the click
of a button that companies’ HR
departments are inundated,”
Challenger said. “Go that
route, and your resume is on a
pile with hundreds of others.”

Instead, he suggested, “fig-
ure out the person you'd work
for directly and send it to him
or her.”

And don’t hesitate to follow
up — but not with a “thank
you” note, which Wendleton
considers to be a waste of time.

“Do a real proposal, with an
argument about why they
should want to hire a person
like you,” she said. “Influence
them.”

And salary requests? Money
doesn’t come up until you get
your foot in the door for a per-
son-to-person interview, both
said.

THE DEPARTMENT OF STATISTICS
AVERAGE QUARTERLY PRICES FOR SELECTED ITEMS;
NEW PROVIDENCE: SELECTED QUARTERS 2005 — 2007



GHLIGHTS





The cost of a pound of bananas has been on a ‘roller coaster ride’. For the fourth
quarters of 2005 to 2006, the price of bananas increased, 14.3%. Tor the period
2006 to 2007, a decrease of 11.6% was noted.

The cucumber is a creeping vine that roots in the ground and grows up trellises.
f History records the cucumber as having been cultivated for at least 3,000 years in
Western Asia before coming to North America in the mid-16" century. Known as
a.vegetable to many, the fruit is basically cylindrical in shape. In New Providence
during the fourth quarters of 2005 to 2006. an increase of 12.8 percent was
registered. A further increase of 22.2 percent was recorded for the quarters of
2006 to 2007.

The cost of physician services (first visit) has been almost constant between 2005 and
2006 with a minute increase of 0.6%. However, during the fourth quarters of 2006 to
2007, there was a notable increase of 14.2%.

HAPPY NEW YEAR FROM THE DEPARTMENT OF STATISTICS



WUC oN UMUC Wa GLa aed PAE



MINISTRY OF TOURISM & AVIATION
_ DEPARTMENT OF CIVIL AVIATION

PUBLICATION BY THE MINISTRY OF TOURISM & AVIATION
DEPARMENT OF CIVIL AVIATION .
PARTICULARS OF AN APPLICATION TO OPERATE SCHEDULED
AIR SERVICES

In accordances with the provisions of Regulation 9 of the Civil Aviation
(Licensing of Air Services) Regulations 1976, the Minister responsible for
Aviation hereby publishes the following particulars of the under-mentioned
applicant to operate scheduled air services to and from The Bahamas.

PARTICULARS OF APPLICATION

Application: WESTERN AIR

Date of first publication: 17th January, 2008

Routes: BETWEEN NASSAU ON THE ONE HAND AND
FREEPORT, BIMINI AND EXUMA ON THE OTHER.
Purpose of services: Passenger, mail and freight

Provisional time table:

Local Times

FREEPORT/SAN ANDROS
SAN ANDROS/FREEPORT 1000/1030
FREEPORT/NORTH ELEUTHERA 1100/1135
NORTH ELEUTHERA/GOVERNORS HARBOUR 1150/1200
GOVERNORS HARBOURS/FREEPORT 1215/1255

0915/0945

6. Frequency of flights: See above time-table
iT Type of Aircraft: BEACH 1900C, METRO 111 and SAAB 340

Any representation regarding or objection thereto in accordance with Regulation

10 must be received by the Permanent Secretary, Ministry of Tourism & Aviation
& the Department of Civil Aviation within fourteen (14) days after the date of the
first publication of this Notice.

ARCHIE NAIRN
PERMANENT SECRETARY

SO e Ue

HUMAN RESOURCES COORDINATOR

Atlantic Medical a subsidiary of Colonial Group International of
Companies (CGI) with headquarters in Bermuda, is seeking an HR
Coordinator who will be responsible for coordinating and implementing
all human resources activities for our subsidiary companies in the
Bahamas.

CGIL, with offices in Bermuda, the Cayman Islands, the British Virgin
Islands as well as the Bahamas, offers a complete range of premier
financial and insurance services and, over the past few years, has
undertaken significant growth. This is an opportunity to be part of a
rapidly growing innovative company, focusing on providing clients with
first class service and access to competitive products.

Based in Nassau and reporting to the Executive Vice President for AMI
and the HR Manager for CGI in Bermuda, duties will include, but not
be limited to, providing support, advice and guidance to support senior
management in the Bahamas in their responsibilities for effective people
management and will include technical and administrative duties in
relation to recruitment, compensation, benefits, training, employee
relations and administration.

Minimum requirements for this position are:

CIPD/PHR/SPHR certification or relevant Bachelors degree

Minimum 3 years relevant experience in at least one of the
functional areas of HR

Superior communication (verbal, written and presentation) and

organization skills

Strong interpersonal skills and service-oriented approach

Ability to work independently and multi-task

Proficiency in MS Office products to intermediate level

The ability to work extended hours which might include some
weekend work

Some travel may be required

Compensation for the successful candidate will be attractive, linked to
performance and relevant to experience and qualifications. AMI offers
an attractive benefits package that includes comprehensive medical
insurance, contributory pension plan and life insurance.

If you have a keen commitment to quality results and want to contribute
your talents to a dynamic company, contact us about this opportunity.
Applications will be treated in the strictest confidence and should be
submitted by email to:

HYPERLINK "mailto:hr_manager_bm@colonial.bm"
, hr_manager_bm@colonial.bm

Closing Date for applications is February 5th, 2008





THE TRIBUNE



PAGE 10B, THURSDAY, JANUARY 24, 2008



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THE TRIBUNE

THURSDAY, JANUARY 24, 2008, PAGE 11B



a ee See ee ee

US leaders assess

costs of economic
rescue package

@ By ANDREW TAYLOR
Associated Press Writer

WASHINGTON (AP) —
Top House leaders and Trea-
sury Secretary Henry Paulson
yesterday tallied the cost of
measures to jolt the economy
out of its slump as the three
sought a swift bipartisan deal
on a recovery package that
could move through Congress
within weeks.

House Speaker Nancy
Pelosi, D-Calif., and Minority
Leader John Boehner, R-
Ohio, are taking the lead in
Capitol Hill negotiations, with
the centerpiece of the measure
expected to be a tax rebate
similar to, but bigger than, the
$300-$600 checks sent out in
the summer of 2001. The two
huddled for a lengthy working
breakfast at the Capitol with
Paulson, Bush’s point man on
the package, and planned
another gathering this after-
noon.

“We looked at a lot of dif-
ferent options,” Boehner told
reporters, adding that the
threesome reached “no con-
clusions or agreements.” He
said it would “require a great
leap of faith” from both parties
to find common ground.

Senior lawmakers in both
parties met on Tuesday with
President Bush, who has pro-
posed a stimulus plan worth
about $150 billion.

Combined with Iraq war
costs and decreasing corporate
tax revenues because of the
economic slump, a package
that size would more than dou-
ble last year’s deficit spending
of $163 billion, according to
new congressional budget esti-
mates.

Bush expressed optimism

MONDAY JANUARY 21ST,
LOCATED:

that his administration can
reach quick agreement with
Congress.

“I believe we can find com-
mon ground to get something
done that’s big enough, effec-
tive enough so that an econo-
my that is inherently strong
gets a boost — to make sure
that this uncertainty doesn’t
translate into more economic
woes for our workers and small
business people,” Bush said
Tuesday in the Cabinet Room.

Pelosi, Boehner and Paulson
are working on hammering out
details. Senate leaders Harry
Reid, D-Nev., and Mitch
McConnell, R-Ky., have
agreed to stand back and let
the House take the lead in the
talks with the administration.

In the Senate, Reid said in
an interview, “There are too
many cooks in the kitchen.
Send something over to us and
we’ll try to move it as quickly
as we can.”

Perhaps the most important
obstacle to overcome is differ-
ences of opinion over who
should receive rebate checks.
Democrats want to deliver
help to low-income workers
who may not pay income taxes
because they make too little
or benefit from tax credits such
as the child tax credit.

‘Thus far, talks have focused
on setting the parameters of a
bill combining rebates with
GOP-sought tax breaks for
businesses, as well as Democ-
ratic-backed help for the
unemployed and those on food
stamps.

Talks continued as the non-
partisan Congressional Budget
Office, citing the weakening
economy, estimated that the
budget deficit for the current
year will jump to about $250

WER CURTAI

SALE STARTS

ijl)

billion. That figure does not
reflect at least $100 billion in
likely additional red ink from
the deficit-financed economic
stimulus measure.

Senate Budget Committee
Chairman Kent Conrad, D-
N.D., said the 2008 deficit ©
would reach more than $350
billion once the costs of the
upcoming stimulus bill are fac-
tored in.

Both sides have seemed to
negotiate in good faith. Repub-
licans and Bush declined to
insist on extending Bush’s 2001
and 2003 tax cuts that expire in
three years, while Democrats
offered up tax breaks for busi-
ness and limited their roster of
spending proposals.

Democrats also agreed to
waive budget rules requiring
tax increases to finance the
measure.

Noting the aura of biparti-
sanship surrounding the talks,
Rep. Eric Cantor, R-Va., said
Democrats “are seeing the
same polls as we are.”

On a visit to Cairo Wednes-
day, Energy Secretary Samuel
Bodman told reporters that
high oil prices are starting to
adversely affect the United
States economy.

“The economy has been able
to withstand it until now.”
Bodman said. “I believe the
100 dollar price of oil is starting
to have an impact,” he said.

Bodman has been touring
the Middle East to talk about
energy, security and other
issues.

Oil has retreated from a
record high of above $100 bar-
tel earlier this month and is
now trading at around $88 a
barrel on concerns that a slow-
ing US economy would reduce
energy demand.

NS SETS

x WW

Ys

2008 - SATURDAY JANUARY 26TH, 2008
BOUR BAY SHOPPING CENTER _











sRENNEN-BETHEL
sUSINESS Reporter _

\NS were yesterday
sc mortgage brokers to
possible interest rates
loans, particularly given

yome purchase costs
ddle imeome Bahami-
vocation of the Stamp
time home buyers on



with an appraisal value of

eee)
th Pribune Business,
psou, president of XM
vm niga 10 brokerage firm
. Jnternet approvals and
“at's on lication to sever-
litetions, explained that
>of firms such as his were
ypowered the purchaser.



THURSDAY, JANUARY 24, 2008



“This service empowers you in a way
that going to a single lending institution
simply cannot, because you get multi-
ple otfers and you can compare interest
rates,’ > Mr Sampson said.

“This gives you the ability to select
the best terms for you. Finding the
best interest rate can save you over
the course of the life of your mortgage
tens of thousands of dollars. Believe
me, when you are borrowing
$150,000 for a new home, there is a
big difference between 7.5 per cent
and 8.5 per cent.”

He added that having multiple
approvals also gives flexibility to nego-
tiate if there was a particular institution
a home buyer would like to deal with.

“1 think that people have miscon-
ceptions about mortgages. They feel
that they have to have a relationship

BUSINESS

with a particular bank, or they have to
be married to get a loan, and that is not
the case,” Mr Sampson said.

Company

He added that his company helped
eliminate some of the stress or fears
about the mortgage application
process, because it completes the appli-
cation and forwards it to the lending
institutions for approval.

XM Loans website allows clients to
get an approval in real time - less than
five minutes - as it is on line 24 hours a
day, seven days a week.

“We are probably the only one (
mortgage brokers) which has this state
of the art technology,” Mr Sampson
said.

If an approval cannot be given in

broker express
Tax end concern:

real time, Mr Sampson said an employ-
ee would examine the application and
get back to the client within days to
discuss the best possible way to obtain
financing.

“We are also about assisting and
educating people on the home buying
process,” he added.

Mr Sampson said there was no big-
ger dream than that of home owner-
ship, which is why he has echoed the
call of those persons calling for the
Government to reconsider the elimi-
nation of the stamp tax exemption for
first-time buyers with homes valued
under $250,000.

“At the least, I think that they should
phase it out, say in six months or 12
months it will end, to at least give peo-
ple some leeway and a chance to buy
and still qualify,” Mr Sampson said.

THE TRIBUNE








“T think that everyone ii in. * the con-
struction industry will complain - real-

tors, attorneys, contractors, steel work-"

ers. It will have a negative impact On”
the already fledging economy,

He agreed that the difference in rev-

enue would be made up in furnishing -
and outfitting the home, which would
justify the financial loss to the govern-
ment. =.
Mr Sampson also poittéd out that if
a person qualified for a certain amount
and then had to also find the stamp
tax, which is often thousands-of dollars,
it could delay the process'as He tries ‘to
secure that additional money. >:

“That could mean that the, “opportu-—
nity to purchase a particular property.
could be lost or even that they fail to”
qualify for funding at that amount,”
Mr Sanipson said.

SRAARIGA SOS PAR TEN

Sas



‘Informative. ]



FROM page 1B

relating to a planning applica-
tion actually meant.

One business recalled an
episode where it received its
approval in principle from the
Department of Public Works,
with “no unreasonable or
unusual demands” placed on
the company.

Although the company’s
name was not mentioned, it is
likely to be the controversial
planning application by
Wendy’s to build a new restau-
rant at Cable Beach, on the
corner of Atlantic Drive and
West Bay Street.

The Chamber report noted
that the planning application
for a “commercial develop-
ment” complied with zoning
and covenant restrictions, and
“considerable financial
resources were committed to
move the project forward”,
including purchasing the land.

Yet public protests and an
appeal against the project to
the Town Planning Commit-
tee saw the body reverse its
original decision, and the

approval was reversed.

This, the Chamber report
said, had “substantial, imme-
diate and direct financial impli-
cations”, with the process
“grossly unfair, unconscionably
long” and placing the company
involved at a major cost disad-
vantage.

As a solution, the Chamber
said the Town Planning Act
and Town Planning Commit-
tee processes needed to be
overhauled. It suggested that
Town Meetings be held before

approvals in principle were -

granted to minimise the “finan-
cial burden and risk” faced by
Bahamian companies.

“The incident discussed is
not the first instance of reversal
of the Town Planning Com-
mittee approvals of legitimate
commercial development on
commercially zoned properties
only after public -outcry,” the
report said.

“There appears to be no
legal basis for the decision.
Regrettably, the appeals
process through the courts is
very expensive and time con-

can be sure to read something of value in The Tribune.

ee to me. The Tribune is my newspaper.

CONSTRUCTION FOREMAW:

Purchase 7

rhe Lah dei pik





suming. It puts: the busing
a considerable financial disad—
vantage.”

The Chamber report added
that Department of Public

‘Works staff needed to be more

yesponsive to. inquiries,.despite
being faced with’ a huge -vol-
ume of work and public.
inquiries.

It added that in the. planning ©
case described, the department’ -

“““was described as ‘completely

unresponsive’. For weeks it did ©

not reply to repeated requests

for updates on what: the-
department proposed to do
and when. As with many other.
cases, million dollar projects
were kept.in abeyance”.

The Chamber report also”

recommended that the:
approval process be stopped
once a planning application i is
challenged, with the : 4
business “not penalised if the .
time to’ provide responses: or
implement solutions to address‘.
departmental or community”
concerns cause the projéct to
be extended: beyond. the end.

date for apt oval i in principle”. =

Ite is fall ed with. |

information about local news, sports, entertainment and world news ~ subj ects that “are

JASON RAHMING .







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Lot No. 130, St. Andrews Beach Estates
All that lot of land having an area of 8,100 sq ft, being
lot no. 130, of the subdivision known and designated
as st. andrews beach estates, the said subdivision
situated in the eastern district of New Providence,
Bahamas. located on the subject property is a structure
comprising of anapproximately 12yr old duplex.
Appraisal: $245,237.00 ‘
Traveling east on yamacraw hill road take the third corner
right. with sign for st andrews beach estates, then take
first left, then first right, the subject property is the 2nd
property on,the left side painted beige trimmed orange.



Lot No. 3 Yamacraw
Beach Estates
All that lot of land having an area of 10,000 sq ft, being lot
no. 3 in Yamacraw Beach Estates, in the said subdivision
situated in the eastern district of New Providence Bahamas.
Located on the subject property is a single-storey triplex
building comprising of 3 units with two 2-bedrooms, 1-
bathroom, living, dining, kitchen apartments unit and one
unit being used as a barber and beauty salon. the land is
on a grade and level; however the site appears to be
sufficiently elevated to disallow the possibility of flooding
during annual heavy rainy periods of the year.
Appraisal: $313,016.00

Traveling south on Fox Hill Road, go pass Yamacraw
Hill Road and Joe Farrington Road. The subjec! property is located on the left hand side of Fox Hill road painted
white trimmed brown.

Eleuthera Island Shores Subdivision LOT NO. 1,
BLOCK NO. 45,
SHORES
All that piece parcel or lot of land having an area of
9,644 sq. ft. being lot #1 in block 45, Section “E” in
the subdivision called and known as Eleuthera Island
Shores Subdivision, situated in the vicinity of Hatchet
Bay Harbour, on the island of Eleuthera, one of the
islands of the Commonwealth of The Bahams. This
site encompasses a two storey building which is
approximately 14 yrs old and is abandoned. There is
a wooden landing approximately 7’-4” wide by 20’-
0” on the upper level, approximately 1,610 sq. ft. of
enclosed living space, with 3-bedrooms, 2-bathrooms,
front room, dining room, den, kitchen, and utility room. The wooden porch on the upper level is approximatelf 148sq.
ft. There is also a water cistern under the dining room floor area. All utilities and services available.
: Appraisal: $151,007.00
This property is situated in Eleuthera Island Shores.

LOT NO. i WESTERN SHORES
All that lot of land having an area of 7,389 sq. ft., being
lot #1 of the Subdivision known as Western Shores Phase
ll, the said Subdivision situated in the Western District of
New Providence, Bahamas. Located on the subject property
is a single structure comprising of a single family residence
consisting of approximately 2,430 sq. ft. of enclosed living
space. The residence comprises of 3-bedroom with closets,
2 1/2 bathrooms, living/dining rooms, study, kitchen, utility
room, porch and enclosed garage with electronic door. The
land appears to be sufficiently elevated to disallow the
possibility of flooding during annual heavy rainy periods
of the year. The grounds are fairly well kept with
improvements including driveway, walkway and swimming
pool. The yard is enclosed with walls.

Appraisal: $753,570.00
Traveling west on West Bay Street. Go pass Orange Hill and Indigo Subdivisions, the house is located on the left near
Tusculum Subdivision and painted all white.

GEREN

S





(Lot No. 62, Lower Bogue) ELEUTHERA

All that piece parcel or lot of land and improvements, in
the settlement of Lower Bogue, North Eleuthera, being
No. 62, comprising of about 34,210 sq. ft., this site
encompasses a 12 year old single storney home comprising
of 4 bedrooms, 3 bathrooms, front room, dining, breakfast
room, kitchen and laundry room, with a total living area
of approximately 2,342.06. Property also includes a double
car garage, and front entrance with a total sq. ft. of
approximately 655.75. This home is approximately 85%
completed. The property is well landscaped with crab
grass, fiascas and some fruit trees.

Appraisal: $235,638.00

This property is situated on the western side of Eleuthera
Highway in the settlement of Lower Bogue.



DUNDAS TOWN (ABACO)

3 two bed, 1 bath fourplex 9,000 sq. ft., lot no. 18b with
an area for a small shop. Age 12 years the land is a portion
of one of the Dundas Town Crown Allotment parcels
stretching from Forest Drive to Front Street, being just
under a quarter acre in size and on the lowside. A concrete
block structure, with asphalt shingle roof and L-shape in
design with a total length of 70x26 ft, plus 50 x 22 ft.,
2,920 sq. ft., the interior walls are concrete blocks, ceiling
is sheet rack and the floors of vinyl tiles.

Appraisal: $265,225.00



LOT NO. 12, BLOCK 3, MILLAR’S HEIGHTS

All that lot of land having an area of 7,500 sq. ft., being lot
12, of the subdivision known and designated as Millar’s
Heights, situated in the Southwestern district of New
Providence, Bahamas. This property is comprised of a 25
yr old single family residence consisting of approximately
2,375 sq. ft of enclosed living space with three 2-bedrooms,
1-bathroom, living/dining rooms, and kitchen apartment
complex. The land is on a grade and level and appear to
be sufficiently elevated to disallow the possibility of flooding
during annual heavy rainy periods. The grounds are fairly
kept, with improvements including parking area, walking
pathway and low shrubs. The yard is enclosed with chain linked fencing at the back and southern sides.
Appraisal: $239,500.00 .
Traveling west on Carmichael Road, enter West Avenue, on the South side immediately after Topps Laundromat. Take
first right which is Wimpole St., go around the curve on the left which is London Avenue, traveling south on London
Avenue the subject property is the 9th building on the right before the T, Junction (high street) the subject building is
an L shape triplex, painted green, trimmed white.



a ec

‘ Lot No. 15, Block 10, Wintor Heights
All that lot of vacant land having an area of 17,144 sq ft, of the subdivision known as Winton Heights situated
in the Eastern District of New Providence Bahamas. This property is rectangular in shape and zoned multi family
- single family.’
: Appraisal: $171,440.00
This property is about 230ft West of Sassoon Drive and is about the third lot on the North Side of Hill Side Road.

Island Harbour Beach, Exuma

All that parcel or lot of vacant land containing 10,000 (80'X 100’) sq. ft. being Lot No. 9, Block 2, Island Harbour Beach
Subdivision situated the western most portion of the Hermitage Estate, Little Exuma Bahamas. The property is located
on an unpaved road known as Stocking Road. The property also has a commanding view of the ocean.

Appraisal: $80,000.00

MUTTON FISH POINT NORTH ELEUTHERA
All that piece, parcel or lot of vacant land containing 44,714 sq. ft., and designated “E” which forms a portion of land
known as “Mutton Fish Point” situated about two miles northwestward of the settlement of Gregory Town on the island
of Eleuthera, one of the islands of the Commonwealth of The Bahamas, and is bounded and abutting as follows:-
Northwardly by the land now or formerly the property of Coridon Limited, and running thereon for a distance of 393.13
hundredth ft.; outwardly by a 30’ wide road reservation and running therean for a distance of 402.57 hundredth ft; eastwardly
by the main Queen's Highway and running thereon for a distance of 109.73 hundredth ft; westwardly by land now or
formerly the property of Caridon Limited and running thereon for a distance of 110.75 hundredth ft. this property having
an area of approxirnately 44,714 sq. ft. this neighbourhood is zoned cornmercial/residential development and is quiet,
peaceful and has a topography of approximately 2 ft. with all utilities and services available.
APPRAISAL: $51,421.00

MUTTON FISH POINT NORTH ELEUTHERA

All that piece, parcel or tract of land containing 1 acre situated about two miles northwestward of the settlement of Gregory
Town on the island of Eleuthera, one of the islands of the Commonwealth of The Bahamas, and is bounded and abutting
as follows:- Northwestwardly by the main Queens Highway and is running thereon for a distance of 125.462 feet
northwestwardly by the land now of formerly the property of Coridon Limited, and running thereon for a distance of 390.274
hundredth ft.; southwestwardly by a 30’ wide road reservation and running thereon for a distance of 128.128 hundredth
ft; southeastwardly by the land now or formerly the property of the Venor and running thereon for a distance of 322.955
hundredth ft. This property having an area of approximately 44,847.76 sq. ft. This neighbourhood is zoned commercial
development and is quiet and peaceful with a topography of approximately 2 ft. with all utilities and services available.
ban Bae APPRAISAL: $51,421.00

This lot is vacant land and is located in the area known as “Mutton Fish Point”

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LOT NO. #7, BOILING HOLE SUBDIVISION
All that piece parcel or lot of land and inprovements situct
on the Isiand of Eleuthera, North of Governor's Haroou:
comprising of Lot No. 7 in the Boiling Hole Subdivision, and
comprising of approximately 10,000 sq. ft., this site
encompasses a 17 years old duplex with each unit consisting
of 2-bedrooms; 1 bathroom, frontroom, diningroom and kit. he
with a gross floor area of approximately 1,474.20 sq. i!
covered porch area of approximately 164.70 sq. ft. this divw!
was built in accordance with the plan and specificati
approved, and at a standard that was acceptable to the M
Of Public Works. This structure is in good condition. Each apartment could be rented at $800.00 per month
land is landscaped and planted with ficus trees, but needs some manicuring.

APPRAISAL: $153,521.00



LOT NO. 1490 GOLDEN GATES SECTION /
All that lot of land having an area of 6,000
being lot no. 1490 of the subdivision known aid
designated as Golden Gates, the said subdiv sic!
situated in the southwestern district of Mew
Providence, baharnas. This property is complied
of a 25 yer old single family residence consisting oi
approximately 2,480 sq. ft. of enclosed living spac
with three bedrooms, three bathrooms, tiving, ds
rooms and kitchen. The land is on a grade aiid | ye

7 however the site appears to be sufficiently elevateu
to disallow the posibility of flooding during annual heavy rainy periods of the year. The grounds are fairly kept, ith impro.en
including driveway, walkway and low shrubs. Yard is enclosed on one side wth a 5 foot chain linked fencing and a low ven ent
block wall to the front.











Appraisal: $162,400.00
Traveling west on Carmichael Road turn left then right onto the service road opposite Bahamas Faith Ministries Complex tie
first left again afler passing clico and pre-school. The subject house is the 6th house left painted green trimmica wiite



Must Sell Lot No. 597

All that lot of land having an area of 3,200 sq ft. being
Melvern Road of the subdivision known as Yellow Elder Gaiders
the said subdivision is situated in the southern district « V

rovidence Bahamas. This property is comprised of a :
single family residence consisting of approximately 1.51
of enclosed living space, with 3-bedrooms including maste! becir
2-bathrooms, living/dining room, kitchen and utility row:
residence also consists of a front porch and two pa

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The land is on a grade and level; however the site appears tu v=
sufficiently elevated to disallow the possibility of flooding during
annual heavy rainy periods. The grounds are fairly kept. with
improvements including driveway and walkway. The yard is enclosed with chain linked fencing.

Appraisal: $133,395.00
Traveling west along Melvern Road from the sport center road, follow the road to the left. the subject property is the Siti property
left situated between Zris Court and Richie Court, painted White trimmed yeliow. :





HAMILTON’S, LONG ISLAND

All that piece parcel or lot of land and improvements siiuat.
in the settlement of Hamilton's in the Island of Long
and comprising of approximately 13,547 sq. ft. and is (
approximately 7-8 ft above sea level. This site encompasses
a 3Syr structure. A simple style home consisting «
bedrooms, one bathroom, kitchen, living and dining roo.
the home however is consisted of 2 separate constructions:
613.60 sq. ft of concrete construction and 624 sq. tt of wooden
construction all amenities are to the property such as cl -etnici
water, cable and telephone.

; Appraisal: $112,000.00.
The property is accessed by the main Queen's Highway







KENNEDY SUBDIVISION (NASSAU)
Lot no. 21 all utilities available 10 year old singie story
house, 3 bedroom 2 bathroom, living room, dining area
family room, kitchen, study, laundry and an entry porc:

Appraisal: $188,406.00

Heading west along Soldier Road take main entrance \:
Kennedy Subdivision on the left, then take the ist core!
on the left then 1st right, house is second on your righ
with garage.





LOT NO. 382 WINTON MEADOWS

All that piece parcel or lot of land having an area of 8,300 sq. ft
lot No. 382 situated in the subdivision known as Winton Meadows, the
said subdivision situated in the Eastern District of the Island ot New
Providence, Bahamas. This property is comprised of a 24 year old sinale
family residence with an attached efficiency (formerly the carport)
consisting of approximately 2,675 sq. ft. of enclosed living area, front
porch-198 sq. ft., back patio-380. The building is a two storey house
Besides the efficiency apartment, the house is comprised of 3-bedrooms
3-bathrooms, inclusive of a master bedroom suite upstairs. Foyer. front
room, dining room, family room, powder room, utility room, break!
nook and kitchen downstairs. Climate control is provided by d
ceniral air conditioning, with air circulation enhanced by ceiling fans
and other amenities. Quality of construction: Average. Stands
maintenance: Average. Effective age: seven years (7) the land is on flat terrain; however the site appears to be sufficiently ele
disallow the possibility of flooding under normal weather condition, including annual heavy rainy periods. The grounds are w
with improvements inciuding neatly maintained lawns with tlowering trees, and a concrete garden/storage shed, which is located 11
backyard. The yard is enclosed along the sides with chain-link fencing, and concrete block walls that are topped with metal railing
and metal gates at the front and back.









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APPRAISAL: $365,000.00
Traveling east on Prince Charles Drive, pass the streetlight at Fox Hill Road until you get to Meadows Boulevard, turn right onto Meadows
Boulevard, go south and take the 4th left, ther ist right. The subject house is the 2nd house on the left side painted beige trimmed

Investment Opportunity Must Sell Lot No. 217
Pinewood Gardens Subdivision
All that lot of land having an area of 5,000 sq ft, being !
No. 217 of the Subdivision known as Pinewood Garders
said subdivision situated in the Southern District of New
Providence Bahamas. Located on this property is a structur
comprising of an approximately 20 yr old single family residenc
consisting of 992 sq. ft of enclosed living space with .
bedrooms, 1-bathroam, living/dining rooms, kitche
way and walk way. The land is on a grade and lev
appéars to be sufficiently elevated to disallow the possibi)
of flooding. The grounds are fairly kept and yard is open
Appraisal: $127,988.00

Traveling south on East Street to the junction of Solcie
Road, make a left at the light then turn right into Kennedy Subdivision, go all the way to T-junction, turn right Vf
left then right again toward Mount Tabor Church building, after passing Mount Tabor take first left (sapodilla blva), the
subject house is about 400 yards on the right painted yellow trimmed green, with green and white door.














Rainbow Subdivision Lot No. 3, Block 27
All that vacant lot of land having an area of approximately 14,052.59 sq. ft. being lot no. 3, block 27, section
b, of Rainbow Subdivision with residential zoning. This property is bounded about 103.44 ft north by Queens
Highway, and 137.02 ft. East and about 99.94, ft south of Rainbow Hill Circle. 139.91 ft West. All utilities and
services available.
Appraisal: $37, 440.00



investment Opportunity - Must Sell
Lot No. 20, Block 1 unit 3 Fortune Polat Subdivision all that lot of vacant land having an area of 12.650 so"
being Lot No.20 block 1 unit 3 of the subdivision known and designated as fortune point subdivision fice
Grand Bahama.. duplex property zoning with a rectangle shape.
Appraisal: $38,000.00



LOT NO. 10B, PALMETTO POINT
All that piece, parcel or lot of vacant land containing 9,000 sq. ft., and being Lot No. 10B situated North of !ngia
Pond and Eastwardly of North Palmetto Point, on the island of Eleuthera, one of the islands of the Commonweal!
Bahamas, and is bounded and abutting as follows:- on the north by Lot No. 3B and running thereon fore distant |
ft; on the East by Lot No. 11B and running thereon for a distance of (100) ft: on the south by a 20’ wide roae |.
and running thereon (90) ft on the west by Lot No. 9B running thereon for a distance of (100) Ft, the said Lot
with shrubs and is in close proximity of a white sandy beach. This neighborhood ts zoned residential dev:
is quiet and peaceful with a topography of approximately 50ft and because of this there is no danger of tloow
is approximately 80% developed with all utilities and services available.

APPRAISAL: $72,000.00

MUTTON FISH POINT NORTH ELEUTHERA
All that piece, parcel or lot of vacant land and wnprovements containing approximately 44,587 sq. fl. and Co sign aly
which forms a portion of land known as “Mutton Fish Point” situated about two miles northwestward of the seit
of Gregory Town on the island of cleuthera, one of the islands of the Commonwealth of The Bahamas, and bound
abutting as follows:- Northwardly by the land now or tormerly the property of Coridon Limited, and running thereo jar
a distance of 383.56 hundredth tt; southwardly by land now or formerly the property of Caridon Limited and sun wag
thereon for a distance of 393-19 hundredth tt. eastwardly by the main Queen's Highway and running thereon tora cisiance
of 113.40 hundreath ft. westwardly by land) now or formerly the property of Coridon Limited and running thereor fora
distance of 113.40 hundredth fi. this neighbourhood is zoned commercial/residential development and is quiet, peacet
and has a topography of approximately 2 ft. with all utlities and services available.

APPRAISAL: $51,276.00

ZAC UC Mca eel Pea |

Philip White @ 502-3077 email philip.white@scotiabank.com or Harry Collie @ 502-3034 © email harry.collie@scotiabank.com ¢ Fax 356-8851

OMY Seti go to: www.stopnshopbahamas.com - Click on “Real Estate Mall” - Click on doorway “Enter Online Store”



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PAGE 14B, THURSDAY, JANUARY 24, 2008









rs SANDYPORT Appraisal: $300,000.00
tg All that lot of land having an area of 9,626 square feet, being lot number 40,
' of the subdivision known as SandyPort, situate in the Western District of
New Providence. The property is irregular in shape, is on a level grade and
| zoned as single family residential. An electrical connection outlet is located
i near the property. The property is located on Sandy Port Drive just on the
I





bend before Governor’s Cay on the Southern Side of the road.

[.
| No. 17 WESTRIDGE ESTATES Appraisal: $930,000.00

All that lot of land having an
area of 30000 square feet,
- being lot Number 17 of the
subdivision known as
Westridge Estates Addition.
Situate in the Western District



on the’ island of New
Providence.
Located on the subject
property is a newly
constructed single story

feet of living space with a three Car Garagestructure comprising 6,000

The building is 75% completed and comprises five bedrooms, four and a

half baths study, living/dining, family room, kitchen, laundry and generator

room.

Location: From SuperValue West Bay, take the rcad heading west into
| Westridge, take the first corner on the Right, Westridge Drive. Subject

property will be about the seventh on the right hand side of the road.

SRSPRKRSMSIHSHRKRFTVRKRHKHRHWHHRES

LOT #18 BLOCK #27 VENICE BAY Appraisal $383,855.00

All that lot of land having an area of
12,225 square feet, being lot #18 Block
#27 of the subdivision known as Venice
'Bay Annex, situate in the Western

| District of New Providence. The
property is on a level grade and zoned
as multi family residential. Located on
the subject property is a cluster of ‘G
buildings comprising a completed unit ~
at the front of the property, a middle |
section consisting two town houses «.
about 80% completed and designated «~
units 3 and 4 and is the subject of this appraisal. This section has a square
footage of approximately 2,490 square feet and a porch of 200 square feet.
i Girections: Take Carmichael Road heading West, turn onto Bacardi Road
heading South. Proceed past Millers Pond. Just before reaching Bacardi, turn
Fight onto paved road just past the pond. Subject is located on the Right
hand side of the road.

VISTA MARINA





SRSSSRS TASS AeSFeeSSeSORHEVLOREOSE

Appraisal $686,374.40

All that lot of land having an area of
6,794 square feet, of the subdivision
known as Vista Marina, situate in the
Western District of New Providence.
The property is on a level grade and
zoned as_ single family residential.
Located on the subject property is a 7-
year-old single family two storey
: “ residence consisting of approximately
2,756 square feet of enclosed living space. The ground floor comprises one
bathroom, laundry room, dining room, sunken living room, family room,
kitchen, entrance and rear porch. The first floor comprises three bedrooms,
two bathrooms, and a balcony overlooking the ocean. The Master Bedroom is
very large and features a walk in cedar lined closet. Windows are double
giazed hurricane impact. Ventilation is by central air-conditioning and ceiling
fans. There is also a swimming pool.
Directions: Take West Bay Street heading West to Go Slow Bend, continue
West just before reaching the Moorings, subject is located on the left hand
side of West Bay Street.

SHHOSHSORHOHRHOSHOSH HOH HEHHOEREOD

LOT No. 17 ALLEN’S DRIVE
CARMICHAEL ROAD

The subject property is “
developed with a duplex «
building consisting of



Appraisal: $171,000.00

approxi-mately. 1,512
square feet of enclosed
living space which |
includes, two - 25
bedrooms and 1j
hathroom, kitchen,
living/dining room

apartment.Ventilation is
by walled units. air-
condition units located in the badeoome.

Directions to property: Take the corner North of Golden Gates Assembly,
Alien’s Drive, follow the bend. The subject property is on the right shortly
after passing the bend, aquamarine trimmed deep green.

SHTOFCHLOSHOOHOOHEOEEHOOHEOHHOOHOOH

wnron MEADOWS LOT a

All that lot of land having an area
of approximately 8,179 square
feet, being lot 248 of the
subdivision known as Winton
Meadows. Located thereon is a
single storey, single family
Firesidence of approximately 1,378
i square feet of enclosed living
space with three bedrooms, two
bathrooms, living and dining
rooms and kitchen. Ventillation is by central air-conditioning and ceiling
fans.

Oiwvections: Take Yamacraw Hill Road, to corner that takes you into
Winton Meadows, make first left, subject property is second on left
side, painted lavender trimmed white.

CRHOHHOHROERMOHDOEHORMNDOH DOR HOONH

GERALD BARTLETTE ESTATES Appraisal: $129,000.00
LOT 21 - OFF COWPEN ROAD

All that lot of land having an area
of 4,875 square feet being lot 21 of
the subdivision known as Gerald
Gartlette Estates, Located on this
prover. is a structure comprising
G-year-old single family residence
ee Papprocinately 1,004 square feet
of enclosed living space with two
ibedrooms, two bathrooms, living,
wtility, dining rooms and kitchen.
Directions: Travelling South on
} Gaitiou Hill Rd., turn Right onto Cowpen Rd. at the traffic light. Proceed West.
Take the second corner on the Right (Gerald Bartlette Subdivision). Subject
property is the third Retow sida hill, painted white sammed aeons

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Appraisal: $264,000.00



THE TRIBUNE

NVESTMENT OPPORTUNITY





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WESTRIDGE ESTATES
LOT 116

All that piece parcel or lot of
land being Lot 116, Westridge.
Estates comprising 1.05 acres.
Located on the subject
property is a two storey single
family residence comprising
entry porch, foyer, living room
with dual entry/exit to
adjacent porch, dining, family,
powder rooms, breakfast nook,
laundry room, back terrace and
three-car garage. Upper floor
consist of Master suite containing bed and hathroom, three additional
bedrooms and two bathrooms.

Appraisal: $948,000.00
























Directions: Travelling West on West Bay Street, turn left, at Super Value
Shopping Centre into Westridge Estates, take the first Right, subject will
be on your immediate Right, on the corner.

GREENING GLADE SUBDIVISION Appraisal: $75,000.00

All that piece parcel and lot of land described as lot 7 block 21, Albacore
Drive, Victoria Place and Mid Chipman Road, Unit 2, Greening Glade
Subdivision, Freeport, Grand Bahama. The lot contains 20,580 sq. ft.
‘| and zoned as multi-family residential.













LOT No. 20, BLOCK 1, UNIT 3
FORTUNE POINT SUBDIVISION = Appraisal: $38,000.00

All that lot of vacant land having an area of 12,650 sq. ft. being lot No.
20, Block 1 Unit 3 of the Subdivision known and designated as Fortune
Point Subdivision, Freeport, Grand Bahama. Duplex property zoning with
a rectangle shape.













LINCOLN GREEN, CANEBY CLOSE Appraisal: $38,500.00

Unit 5, Block 17, Lot #48 — Single family residence, Clearwater Close.
Located on fresh water canal. Approximately 17,404 sq. ft.




LOT No. 37 BLOCK 33
CHURCHILL COURT, BAHAMIA MARINA
& BAHAMIA 4 SUBDIVISION, FREEPORT,

GRAND BAHAMA

Appraisal: $337,000.00

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All that lot of and having an area of 16,533 sq. ft. Boing lot No. 37 of ‘the
subdivision known and designated as Bahamia Marina and Bahamia Section 4
Subdivision, Freeport, Grand Bahama. Located on this property is a structure
comprising a 3 year old duplex structure which covers approximately (3,058)
square feet. Apartment consisting of two 2-bedrooms, 2-bathroom with private
Jacuzzi in master bath, spacious living and dining room, full service kitchen, a
laundry and utility room, foyer/hallway with linen and storage closet. The
property is fuJly secured by six foot plastic coated chain-link fence runs along
the side and rear and adjoins the painted 4 foot wall, with 5 foot pillars at
front with electronic gate.

SCMSSHSSC HS Te SSR Sse se vvssvacease

FAIRWAY MANOR CONDOMINIUM Appraisal: $73,009.00



—"



“Aparinent 402, 2 aadvaoma: 2 bathrooms.
Lot 4, Block GN, Edward Birch Curt, Bahamian North

HOSMASSRSSA HSH HSMHASRH SMH HMVAHVS P

LOT 188 SCOTT AVE, EAST SECTION 1 SUBDIVISION,
FREEPORT, GRAND BAHAMA

Appraisal: $140,000.00

The subject lot is
approximately 12,322 square
« feet. Situated on this
\) property is a single story |
single family dwelling of
1 2,800 square feet of living
J space. This includes a small
§ front porch, a large foyer, a
‘sunken living room , with
fireplace and chimney, a
dining area, a_ full service
\ kitchen, a family room with
J adjoining laundry and

storage room. A hallway with linen closets, a hallway bathroom. Three
auxillary bedrooms with closets and a master bedroom with walk-in
closet and private bathroom. '

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Click ON Doorway \
“Enter Online Store”

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soseconeenatanaeanarnsunceeasestosnauensnneceexaeceesnsreeeestienetstiesceensnc esse se

eels TT hate OF SALE AND PR a INFORMATION CONTACT:
HARRY COLLIE @ 502-3034 — E-mail harry.collie@scotiabank.com or
—~ E-mail philipwhite@scotiabank.com

PHILIP WHITE @ 502-3077
Tee 356-3851 . send bids hog P. oO. Box N-7518 Rosetta Street, sdetaieihintaiedeaee? Bahamas ,,;:





INVESTMENT OPPORTUNITY
MUST SELL

FAMILY ISLANDS

ABACO Appraisal: $108,000.00

PORTION OF MURPHY TOWN CROWN
| ALLOTMENT, MURPHY TOWN, ABACO.

The property is 89 x 100 ft
and rectangular in shape. The |...
land is elevated 43

approximately 15 ft above ,
road level and approximately
25 ft above sea _ tievel.
Located on this property is a
twenty-year-old three
bedroom, two bathroom,
living, dining, kitchen and
laundry room house. The @
structure requires much !

attention.






SROSSTHOSHHOSHAOSTHSHUISROGSTSEHTSLVS

EXUMA

DUPLEX IN LOT 6625
BAHAMA SOUND No. 8, EAST, EXUMA

Trapezium shaped lot 35 |
ft. above sea _ level hs
comprising 10,000 sq. ft. |
Situated thereon is a 10-
year-old single storey
duplex, 2 bed, 1 bath,
kitchen, living/dining ©
area and porch. (Building
is in need of repairs).

Appraisal: $170,000.00

SHHSHEHHRORTORTHFe TIE BF eHTeRBEBRES

EXUMA Appraisal: $672,075.00

CASTELRAG ESTATES, LOTS 129 & 130
EXUMA HARBOUR SUBDIVISION

The subject property is located
on Kingway Road and _ is
developed with an area of
20,006 square feet. Situated cate
thereon is a residence |'!'!!)-
comprised of 3,645 square feet ‘\\\\))\
of living accommodations,
inclusive of 4 bedrooms, 2 |
baths, with laundry and utility
spaces and a two bedroom one
bath guest cottage of 600 \ ‘ S
square feet. The property is fenced with white picket fencing and has a
Gazebo at the highest portion of the property.







: y




SHSLSSLHSSLVSESSSESISSLSSF LOST ASBVOS

NORTH PALMETTO POINT
ELEUTHERA

All that piece parcel or lot of land and
improvements situated to the West of
the Settlement of North Palmetto
Point, on the island of Eleuthera. The
total area is approximately 8,118 |
square feet. Situated on the property
is a 26-year-old building, comprising
approximately 1,263 square feet of
enclosed living space and a basement
area of 144 square feet. Three
bedrooms, two bathrooms, living S S \
room, dining room, kitchen, utility room, and beauty parlour (an additional
480 square feet).

Appraisal: $134,822.00

PARCEL OF LAND, PALMETTO POINT
ELEUTHERA Appraisal: $112,105.00

All that piece, parcel or lot of land 2,743 feet East of the junction of
the Palmetto Point road and main Eleuthera Highway containing 2.45
acres. This site encompasses a 28-year-old single storey concrete
structure of approximately 832 square feet of enclosed floor space
inclusive of shop space and rest room facilities.

PROPERTIES

[aiibpbahamas. com
al Estate Mall”
Click ON Doorway
pore Store”

For ae - ae ee pa pee Feel
contact:

HARRY COLLIE @ 502-3034
ere aah hanteaneiins he cel sn die
eld
PHILIP WHITE @ 502-3077.
E-mail tala SL

Pex 356-3851 - send ee to o oO. Box N-7518
Rosetta Street, Nassau, Bahamas |
or Bcbhitsthietbhi ities seth hl















THE TRIBUNE

US budget defic

THURSDAY, JANUARY 24, 2008, PAGE | SB

=] SS





Ress”

set to hit $250m

@ By ANDREW TAYLOR
Associated Press Writer

WASHINGTON (AP) —
The deficit for the current bud-
get year will jump to about
$250 billion, the Congressional

' Budget Office estimated

Wednesday, citing the weak-
ening economy. And that fig-
ure does not reflect at least
$100 billion in red ink from an
economic stimulus measure in
the works.

“After three years of declin-
ing budget deficits, a slowing
economy this year will con-
tribute to an increase in the
deficit,” the CBO report said.

The figure greatly exceeds
the $163 billion in red ink reg-
istered last year. Adding likely
but still unapproved outlays
for the wars in Iraq and
Afghanistan brings its “base-
line” deficit estimate of $219
billion to about $250 billion,
the nonpartisan CBO said.

Senate Budget Committee
Chairman Kent Conrad, D-
N.D., said the 2008 deficit
would reach more than $350
billion once the costs of an
upcoming economic stimulus
measure under negotiation
between the Bush administra-
tion and Congress are factored
in.

The CBO crunches eco-
nomic and budget data for law-
makers.

Unlike an increasing num-
ber of economists, CBO does
not forecast a recession this
year. It instead forecasts a
growth rate of 1.7 per cent,
down from 2.2 per cent real
growth in the gross domestic
product (GDP) last year.

“Although recent data sug-
gest that the probability of a
recession in 2008 has increased,
CBO does not expect the slow-
down in economic growth to
be large enough to register as a
recession,” CBO said. The

CBO economic forecast was
completed last month, before a
recent spike in unemployment
and the release of disappoint-
ing holiday retail sales figures.

“A number of ominous eco-
nomic signs have emerged
since CBO finalized last month
the forecast underlying today’s
report,” said House Budget
Committee Chairman John
Spratt Jr., D-S.C. “Today’s
new economic forecast thus
adds to the growing evidence
that the economy has weak-
ened, and that policymakers in
Washington must take action.”

Testified

CBO Director Peter Orszag
testified before the House
Budget Committee. He
warned them again that
regardless of the short-term
fluctuations in the deficit, the
longer-term picture remains
bleak due to expected spiraling
costs of Medicare, Medicaid
and Social Security as the Baby
Boom generation retires.

“A. substantial reduction in
the growth of spending, a sig-
nificant increase in tax rev-
enues relative to the size of the
economy, or some combina-
tion of the two will be neces-
sary to maintain the nation’s
long-term fiscal stability,”
Orszag said.

Officially, CBO predicts the

2008 deficit at $219 billion, but
that figure fails to account for
at least an additional $30 bil-
lion in war costs and the likely
infusion of deficit-financed
economic stimulus measures
such as income tax rebates,
business tax breaks and help

for the unemployed now under -

discussion on Capitol Hill and
at the White House.

The deficit seems to be an
afterthought as lawmakers race
toward agreement with Presi-
dent Bush on a plan to pump

perhaps $150 billion worth
deficit spending into the «
omy. The bulk of the p
would come as tax cuts, ous!
Democrats are pressing !
additional help for a une)
ployed and people Poo.
stamps. Constitucnc: QO
in both politica! naath a
pressing for even more. su
as Democratic-sought aid
cash-strapped statcs and poo
ple with high heating buiils

Most of any econor
ulus bill would be retcascd
before the October J start 0}
the 2009 budget year, with an
benefits to the econon:
therefore federal revenue:
lagging behind.

The White House is set to
release its 2009 budget on Feb

‘ruary 4, and Bush ha
promised a plan that would
erase the deficit by 20:12 if his

policies are followed

The 2006 deficit was $248
billion and had closed from a
high of $413 billion registered
in 2004.

The deficit picture remai
worse than it was when Bus!
took office seven \ ears ago.
Then, both White House and
congressional forecasters pri
jected cumulative sur;
$5.6 trillion over the sub
quent decade.

Revenue

But arevenue bul!
a recession and the Sept

1, 2001, terrorist
adversely affected th
Several rounds of ‘ax
including Bush's signatir
$1.35 trillion 2001 tax cut. a!
contributed to the revi
deficits in 2002 atter four scat
of budget surpluses. Phe
national debt has risen to 99.2
trillion. “This guy wil!
close to doubling
the country during his
of presidency.” Conrad said.

the debi ot



Sa





Lot No. 1056
Pinewood Gardens Subdivision
i

All that lot of land having an area of 5,000 sq #,
being lot no. 1056 of the subdivision known as
Pinewood Gardens, the said subdivision situat
in the southern district of New pro\
Bahamas. Located on this property is a structure
comprising of an approximately 10 yr ald single
family residence consisting of approxinaitel\
1,205 sq. ft of enclosed living space with 3- |





NGeNncE



bedrooms with closets, 2-bathroom, linen closei
living, dining rooms, kitchen and covered front porch. the land is slightly elevated to disa iow the
possibility of flooding. the grounds are fairly kept.

Appraisal: $144,977.00

Traveling south on East Street to Sapodilla Boulevard, turn right at thatch Palm Street. tui
onto Rosewood Street, the subject property is the second on the right hand side painted blue

trimmed white.

BLACKWOOD, ABACO

All that lot of land having an area of approximately 258,064 sq. ft. This property is yet to reach its highest anc
is ideally suited to single or multi-family development as is the nature of surrounding properties within the con)
site may also serve well as a commercial site as the area remains un-zoned the property remains largely in its org
It is covered with low brush and broad leaf coppice vegetation intersperse with broad strands of mature Yellow Pin
to the area. The property is well drained and represents no immediate flooding danger under noimai

APPRAISAL: $219,354.40

The subject property is vacant and is situated at the Southeastern entrance of the Community of Blackwood, Ab.



Lot B, Wilson Street, Rock Crusher



property is undivided and comprises approximately 6 acres of a larger tract of land of approximate'\

All that lot of land having an area of 10,498 sq ft, being lot B, between the subdivision know! as Mok ¢
and in the vicinity of Perpall Tract situated in the western district of New Providence, Bahamas. Tls ))
is zoned multi family/single family. Also located on this property is a structure comprising of a dup
foundation level under construction, and consisting of approximately 1,566 sq. ft. of enclosed living spac

a patio consisting of 2/70,

sq. «Tt:
Appraisal: $97,214.00

the starter bars are in place and foundation

Traveling West on Farrington Road take a right after the PL.P headquarters, go about midways through
to Wilson Street, go though the corner all the way to the dead end. The property is located behind *h , s

linked fence at the back of the yard.





NORTH ELEUTHERA HEIGHTS (ELEUTHERA)

Lot #20 approximately 11,200 sq. ft., and bounded on North by Early Settler Drive and South by Deal Inve

Ltd., this is a single family zoning and 50 ft., abo’ 2 sea level. This site encompasses a foundation with pluni
and. roughing dnBIngs and well compacked quarry fill. The concrete floor has not been pourec as ye The
foundation is 2,511 sq. ft. Lot #20 situated 1.5 miles east wardly of the Bluff Settlement. The s aid lot is va

SPP taal: SA eroiod

and a hill over looking the Atlantic Ocean.



AMMAR AACE LRA een _ my

ae ale @) ay si ° ala harry. elie ro) ioc



PAGE 16B, THURSDAY, JANUARY 24, 2008

To advertise in
The Tribune - the re

newspaper in circulation,
just call 322-1986 today!

FOR SALE

| 2nd Floor unit at Love
Sm\colamen eral wenn

3. bedrooms

consisting of

completion
31/2
‘dining room and balcony facing the ocean.

baths, living room,

GT AU Tn UT ASIC Mm DIU L UNTO CUCCCONMe | TTD OSG

appliances including laundry washer and

dryer (all Frigidaire) central air. cetling fans

etc. beautiful beach, pool deck. 2) private

parking spaces, gated community, Priced to

: sell at $867. 500.00. The sale price includes
all closing costs. For

call 323-3495 (day) or

further imformation

Yona OOM MOLE Ie)

PROGRESSIVE SERVICE ORIENTED
COMPANY IS LOOKING FOR A
‘GENERAL MANAGER

Extensive background in managing an OEM Heavy
i Truck Sales / Service / Parts facility a must.
Background and knowledge of truck specification /
application mandatory. Background in Parts and
| Service management required on daily basis. Must be
jable to effectively administer all facets of business.
‘Minimum of 10 years experience preferred. Good
| people skills a must. Must have prior experience
/in parts order entry and supervising employees.
} Computer skills required on daily basis. Must be self
| motivated and work with little or no supervision.

TOP WAGES

We thank all applicants, however, only candidates to
| be interviewed will be contacted.

Please hand deliver resumes and references to:
Bahamas Mack Truck Sales Ltd..:
Oakes Field
P.O. Box N-44:

Nassau, Bahamas



SAFETY & STABILITY

dam Rated

The conservative cash management solution
for institutional investors.

| With superior rates and daily liquidity,
the LOM USD Institutional Money Market Fund
is a smart alternative to cash and “CD's”

1 Month - 4.64%*
1 Year - 4.99%"

* trailing anavalized yinkd ns of Recambar Sixt, 2007



Minimum Investment Required.
Safeguard Your Assets with LOM Asset Management.
Ta contact an LOM Representative, please call:

(242) 323-0032





a ae eae



Le Ae Meier Crier in igs









LOM Securities (Rahamas) Limited
Centre of Commerce, 1 Bay Siréet, Suite 309
P.O. Box CB-12762/525 Nassau, Bahamas

Past porlarmunco is not naconanrily Indicative of future porfarmanse, & datailed fund prospectus Is avaliable.
LOM Sweusitins (Bahamas) Menited i+ licensed by the Securitios Commisvion af the Buhamsy.

Beach Walk out |

THE TRIBUNE

— Asian stocks fall more than 12

l@ By DAVID BARBOZA
and HEATHER
TIMMONS
c.2008 New York Times
News Service

SHANGHAI — The calm
seemed to return to markets
across Asian on Wednesday
morning.

After two brutal days in
which some Asian stock index-
es fell more than 12 per cent,
most of the exchanges across
the region rebounded, albeit
only modestly.

At midday, most markets
had recouped some losses, with
Japanese shares up less than
one percent and the Australian
stock market, which tumbled
7.1 per cent on Tuesday, its
worst single-day loss in nearly
two decades, ahead four per
cent. The battered Hang Seng
index advanced 4.5 per cent.
Chinese. equity indexes rose,
‘then fell back.

In Japan, the Nikkei aver-

age traded up more than three
per cent early in the. session,
but traders pared gains more
amid concerns of more prob-
lems in the United States.

rities, told Reuters that
investors were worried that
New York shares might con-
tinue to fall in trade Wednes-
day, which was making them
reluctant to hold on to posi-
tions.

Earlier in the week, the stark
sell-off that sent share prices
plummeting around the world
brought renewed concern that
the equity markets in China
and India might be overval-
ued. But while Chinese
investors and analysts worried
this might be the case and fret-
ted over the potential social
consequences, in India the
market chaos was often greet-
ed on Tuesday as a buying
opportunity.

The Chinese markets closed
Tuesday before the Federal
Reserve’s three-quarter-point
interest rate cut. The Shang-
hai composite index had
dropped 7.2 per cent, to close
at 4,559.75; the Shenzhen com-
posite fell 7.7 per cent; and
Hong Kong’s benchmark Hang
Seng index plummeted 8.65
per cent, to 21,757.63, way
below its high near 32, 000 in
October.

9.3 per cent over two days, its ©

worst such loss in 17 years.

Before Wednesday’s embry-
onic rally, Kwong Man Bun,
chief operating officer of KGI
Asia, a big futures broker, said:
“At this stage, you can say
there is panic selling i in the
market. We don’t think the
Hang Seng index has found its
bottom yet; the index will con-
tinue to go down and will only
find its bottom when external
markets, namely the US mar-
ket, stabilize.”

‘Indexes

The major indexes in China,
after reaching record highs in
recent months, have plunged
15 to 30 percent. .

Jing Ulrich of JPMorgan
said, “Looking back, it must
have been 10 years since I saw
this kind of thing happen dur-
ing the Asian financial crisis.”

Indian markets have been

on a tear for a year — with a
few stomach-turning drops and
leaps along the way. The Sen-
sex opened at a record of

high. At one moment during
the day, some of the biggest
Indian blue-chip companies’
stocks were trading down 30
per cent or more.

Wild daily swings of several
hundred points have become
common in Indian markets
because of a growing number
of momentum investors, an
influx of foreign cash and high-
ly leveraged domestic players.

_ While such gyrations might dri-

ve some in other markets to
store their cash in the mattress,
in India they seem to be whet-
ting investors’ appetites.
Neera Mathur, 61, a home-

‘maker in New Delhi who is

investing her husband’s sav-
ings, said Tuesday that her
stock portfolio had lost 20 per

‘ cent of its value in the recent

downturn.
' “I’m not worried because it
will come back again,” she

_ said. Ms Mathur has experi-

ence on her side — she esti-
mates that her investments
have grown 500 per cent in the
last 10 years.

In fact, she planned to invest



Yutaka Miura, senior tech-
nical analyst at Shinko Secu-

In Japan, the blue-chip
Nikkei index of 225 stocks fell

NOTICE

NOTICE is hereby given that MAXON JEAN of HIGH VISTA
OF THE EASTERN ROAD, NASSAU, BAHAMAS, is applying
to the. Minister resposible for Nationality and Citizenship, for
registrationmaturalization 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 17TM day of January, 2008 to the Minister responsible
for Nationality and Citizenship, P.O.Box N- 7147, Nassau,
Bahamas.

Legal Notice
NOTICE

THALWIL LIMITED

\
Notice is hereby given that in accordance with section

138 (8) of the International Business Companies Act

2000, the dissolution of THALWIL LIMITED has. been
‘completed;-a Certificate of Dissolution has been issued and
the Company, has therefore been struck off the Register.

__ARGOSA CORP. INC._
(Liquidator)

Legal Notice
NOTICE

MANKATO CORP.

— o—
Notice is hereby given that in accordance with section
138 (8) of the International Business Companies Act
2000, the dissolution of MANKATO CORP. has been
completed; a Certificate of Dissolution has been issued and
the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)











VACANCIES

Sales Agents / Account Department
Travel Agency

Must be self motivated person.
Must have ability to team work.
Analytical skills for sales.
‘Excellent interpersonal skills.
Must be Computer literate. Excel.
Spanish language is an asset.
Open to Bahamian residents only.







Applications must be submitted to:
P.O. Box EE - 16319, no later than February 4, 2008
Please submit your Resume and three (3)
written letters of reference.

Only applicants under consideration
will be contacted.

20,970 on January 8, some 51 _ further in stocks over the next
per cent eae than the year day or two. “The Indian econ-
before. But by Tuesda

it had lost 20 per cent Boa that SEE next page

NOTICE

NOTICE is hereby given that EVERTON JOSEPH of 48
FOSTER ST., CHIPPINGHAM, NASSAU, BAHAMAS,
is applying to the Minister :resposible for Nationality and
Citizenship, for registrationfaturalization 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 17TH day of January, 2008 to the Minister
responsible for Nationality and Citizenship, P.O.Box N- 7147,
Nassau, Bahamas.

Legal Notice
NOTICE

LEADING COMMERCE LTD.

Notice is hereby given that in accordance with section 138
(8) of the International Business Companies Act 2000; the
dissolution of LEADING ‘COMMERCE LTD: has been
completed; a Certificate of Dissolution has been issued and
the Company has therefore, been struck off the Register.

. _ ARGOSA CORP. INC.

(Liquidator)

Tapa Note
NOTICE

GOLD-MINE DEVELOPMENT
GROUP LTD.

Notice is hereby given that in accordance with Sectioa
138 (8) of the International. Business Companies Act
2000, the dissolution of GOLD-MINE DEVELOPMENT
GROUP LTD. has been coimpleted; a Certificate of
Dissolution has been issued and the Company has
therefore been struck off the Register.

ARGOSA CORP. INC.
_ (Liquidator)



Legal Notice
NOTICE

APPLEBEE VILLAGE CORP.

Notice is hereby given that in accordance with section 138
(8) of the International Business Companies Act 2000, the
dissolution of APPLEBEE VILLAGE CORP. has been
completed; a Certificate of Dissolution has been issued and
the Company has therefore been struck off the Register.

GOSA CORP. INC.

(Liquidator)





THE TRIBUNE /~



THURSDAY, JANUARY 24, 2008, PAGE 178

a NN
per cent in two ‘brutal’ days

omy is so robust,” Ms. Mathur

added, “that it will overcome
any impact of US recession.”
Her outlook is common in
India, where the booming
equity markets have been pro-
pelled by annual economic
growth around nine per cent
While China and other
Asian countries rely heavily on
the United States to buy their
exports, most of India’s growth
is linked to domestic infra-
structure construction and con-
sumption.
Strategists in India say the
_ recent.stock market plunge has
more to do with one-time fac-
tors than fundamental prob-
lems. The combination of fears
of an American recession, mar-
gin calls by futures and options
traders and a liquidity short-
age because of huge public
offerings led to the downturn,
said Nipun Mehta, chief exec-
utive of Unitis Tower Wealth
Advisors in Mumbai. |
The appearance of the
largest initial public offering
in india could have contributed
to the painful drops Monday
and Tuesday, some investors
say. The billionaire Anil
Ambani sold 10 per cent of his

Reliance Power to the markets
in a $3 billion stock issue that
closed last Friday, a deal over
subscribed more than seventy-
fold. Indian investors seized on
every bit of liquidity they could
find to buy the stock, equity
strategists said

When the market starts to
decline, there is normally
enough money to encourage
more purchases, but “hecause
of the large public offering, the
money was blocked,” said US
Roy, chief executive of SBI
Life Insurance.

The Indian growth story
“has been as strong as ever.
and is gaining strength with
every passing month,” he said.

Not everyone ts so opti
mustic. India has recently been
the “flavor of the month” for
international investors, and
domestic players have poured
cash into the markets, said
Abhay Aima, head of portfolio
and wealth management al
HDFC Bank.

UBS said in a report on Jan-
uary 4 that India had replaced
China as the most overvalued
market in Asia.

While the price of Hong
Kong-listed mainland China

companies had dropped since
October to 28.7 times earnings
from a high of 38, price-ecarn-
Ings ratios are ala record high
of 28 times earnings in India,
UBS noted, implying that cash
from outside the country was
artuificrally inflating stocks,

Buying

Net foreign buying in India
exceeded $17 billion in 2007,
UBS said. while in Asia over
all, foreign investors were net
sellers by $3.6 billion.

Chakri Lokapriya, head of
India equities al BNP Paribas
Asset Management UK, est
mates that Indian corporate
earnings Will grow 22 per cent

in the next fiscal year, even if

there is a global slowdown.

“What it comes down to is
there has been. a certain
amount of panic selling, which
is unwarranted,” Lokapriya
said. “For a long-term fund,
its a good buying opportuni-
ty.”

In a similar vein, Ulrich of
JPMorgan and other experts
were not willing to say that this
was the end of the bull mar-
ket in China. But they sounded
gloomy about the prospect of
stock gains in a weakening
global economy that could
damp Chinese growth.

‘Indeed, some analysts hint
that the Beijing government
might be forced to step in and
restore confidence in a market
susceptible to wild swings.

Legal Notice

NOTICE

KUKUNEST LIMITED



INSIGHT

For the stories behind
al Maleate ef I(o 14
| on Mondays

Legal Notice

NOTICE
CISCO VALLEY INC.

eo NE srtauilass rain, cat teat

\R aye F ‘ epretee edt

Notice is hereby given that in accordance with section
138 (8) of the Internauonal Business Capes \ct
2000, the dissolution of CISCO VALLEY INC. has been
completed; a Certificate of Dissolution has been issued and

the Company has therefore been struck off the Register

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

CICLAMINO LIMITED

moon: Pn

f
Notice is hereby given that in accordance with section
138 (8) of the International Business Companies Act
2000, the dissolution of CICLAMINO LIMITED has been
completed; a Certificate of Dissolution has been issued and

the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)



Legal Notice

NOTICE

TIFO VILLA S.A.

a
Notice is hereby given that in accordance with section
138 (8) of the International Business Companies Act
2000, the dissolution of TIFO VILLA S.A. has been
completed: a Certificate of Dissolution has been issued and

the Company has therefore been struck off the Register

ARGOSA CORP. INC. _

(Liquidator)



Mae ma are Be Ere

Notice is hereby given that i accordance with section

138 (8) of the International Business Companies Act

2000, the dissolution of KUKUNEST LIMITED has been
completed: a Certificate of Dissolution has been issued and

the Company has therefore been struck off the Register.

ARGOSA CORP. INC.

(Liquidator)







Legal Notice

NOTICE





SURRI GROUP LIMITED

sptorest

Notice is hereby given that in accordance with. section 138



(8) of the International Business Companies Act 2000,




the dissolution of SURRE GROUP LIMITED has been





completed: a Certificate of Dissolution has been issued and

the Company has therefore been struck off the Register.






ARGOSA CORP. INC.

(Liquidator)



Legal Notice

NOTICE

TROPICAL VALLEY INC.

Notice is hereby given that tn accordance with section 138
(8) of the International Business Companies Act 2000,
‘the dissolution of TROPICAL VALLEY INC. has been
completed; a Certificate of Dissolution has been issued and

the Company has therefore been struck off the Register.

~ ARGOSA CORP. INC.
(Liquidator)
!



ASSERT STREET REINO PTE ET

er TEE ETE ETT ES eh

Legal Notice

NOTICE










RUNNING RIVER INC.

Notice is hereby given that in accordance with section
138 (8) of the International Business Companies Act
2000, the dissolution of RUNNING RIVER INC. has been
completed: a Ceruticate of Dissolution has been issued and

the Company has therefore been struck off the Register,

~ ARGOSA CORP. ING.

(Laquidator)




LepatNoe
NOTICE



GALLOPHER CROSSING INC.



Notice is hereby given that in accordance with section 138
(8) of the International Business Companies Act 2000, the }-.
dissolution of GALLOPHER CROSSING INC. has been |.
completed; a Certificate of Dissolution has been issued and J.

the Company has therefore been struck off the Register. |"!
ARGOSA CORP. INC. +

| (Liquidator), we

Sri ydermiines bettie

' Legal Notice

NOTICE _



ENTREMONT HILLS INC.



Notice is hereby given that in accordance with section 138
(8) of the International Business Companies Act 2000,
the dissolution of ENTREMONT HILLS INC. has been
completed; a Certificate of Dissolution has been issued and
the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
. (Liquidator)

Legal Notice

NOTICE



TRUMPET SLOPES INC.

Notice is hereby given that in accordance with section 138
(8) of the International Business Companies Act 2000,
the dissolution of TRUMPET SLOPES INC. has been
completed; a Certificate of Dissolution has been issued and
the Company has theréfore been struck off the Register.

~ ARGOSA CORP. INC.
(Liquidator) . .

Legal Notice

NOTICE



ZONIAN OCEAN LTD.

Notice is hereby given that in accordance with section
138 (8) of the International Business Companies Act
2000, the dissolution of ZONIAN OCEAN LTD. has been
completed; a Certificate of Dissolution has been issued and

_ the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE



ROCKYSTONE GROOVES INC.

Notice is hereby given that in accordance with section 138

(8) of the International Business Companies Act 2000, the

dissolution of ROCKY STONE GROOVES INC. has been

completed; a Certificate of Dissolution has been issued and

the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)



PAGE 18B, THURSDAY, JANUARY 24, 2008

a a

Bond insurer in.

@ By MICHAEL J. de la
MERCED
c.2008 New York Times
News Service

THE Ambac Financial
Group, one of the largest com-
panies that insures against
bond losses, said Tuesday that
it was exploring “strategic
alternatives” as it announced a
$3.26 billion loss for its fourth
quarter.

Ambac’s shares surged more

than 28 per cent on the disclo- __

sure that it was in talks with
“potential parties.” In Wall
Street’s parlance, strategic
alternatives mean, among oth-
er things, a potential sale or
outside investment. Either
would help ease concerns that
Ambac lacks enough capital to
pay claims.

Driving the company’s loss,
which-amounts to $31.85 a
share, was a $5.21 billion write-
down on its portfolio of credit

derivatives. About $1.11 bil- |

liom was tied-to financial instru-

“We view the current perceptions of Ambac’s business by both
the market and ratings agencies as underestimating Ambac’s
strengths and future potential. As the market normalizes and

perceptions correspond more closely to reality, the market
will more accurately assess our assets and strengths.”

— Michael A Callen, Ambac’s new chairman and interim chief executive



“menis backed by subprime _

mortgages.

The news reflects the con-
tinued woes of Ambac and
others in the bond insurance
industry. On Friday, after
abandoning a plan to raise $1
billion in new capital, the com-
pany lost its most valuable

asset: a AAA credit rating that

allowed it to guarantee lower-
rated debt.

That move by Fitch Ratings
— and the threat of further

- downgrades-by the other two

major ratings agencies, Stan-
dard & Poor’s and Moody’s
Investors Service — capped.a
week in which Ambac lost
nearly three-fourths of its mar-
ket value.

Last Wednesday, Ambac
ousted its chief executive and
said it would cut its stock divi-
dend by 67 per cent.

“We view the current per-
ceptions of Ambac’s business
by both the market and ratings
agencies as underestimating
Ambac’s strengths and future

potential,” Michael A. Callen,

the company’s new chairman
and interim chief executive,
said in a statement. “As the
market normalizes and per-
ceptions correspond more
closely to reality, the market
will more accurately assess our
assets and strengths.”

A sale or investment offers
no guarantee of salvation, how-
ever. Last month, MBIA,
Ambac’s biggest rival, sold a
$1 billion stake to the private
equity firm Warburg Pincus.

Even after that deal was
announced, the company’s
shares slid another 73 per cent.

(MBIA shares rose 47 per cent .

on Tuesday, largely because of
a Barron’s article arguing that

the company is in better finan-’

cial health than Ambac.)
Until a few months ago,
bond insurance was a little-
known industry that guaran-
teed staid municipal bonds
from default. The service
allowed state and local gov-
ernments to issue bonds to

THE TRIBUNE

S3.26bn hit

raise money in the capital mar-
kets at lower cost.

But companies like Ambac,
moving far beyond their origi-
nal mission, also insured hun-
dreds of billions of dollars in
debt tied to risky subprime
home loans. As the market for
those loans collapsed, the com-
panies found themselves fac-
ing steep losses.

The pain suffered by Ambac
and other insurers has spread

far beyond the industry. State. .

and local government bonds
insured by the company have
already dropped in value.
Those governments may also
find it more expensive to issue
new debt.

Financial giants like Merrill
Lynch and Canadian Imperial
Bank of Commerce have also
felt the ripples from Ambac’s
troubles. Subprime-backed
bonds issued by those firms
and insured by Ambac have
dropped in value, raising the
prospect of even steeper losses
for those banks.

NOTICE |
RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the
following:

“ALL THAT” piece parcel or lot of land being Lot #3391
Sir Lynden Pindling Subdivision, situated in the Southern
District on the Island of New Providence one of the islands of
the Commonwealth of The Bahamas: Situated therorr is-a Singl®
Family Residence, consisting of (3) three bedrooms, (2) two
bathroom. .

Property Size: 5,000 Sq Ft

Building Size: 1,312 Sq Ft

This property is being sold under Power of Sale contained
ite Monaaue to FINANCE CORPORATION OF BAHAMAS
TED.

All offers should be forwarded in writting in a sealed
enevelope, addressed to the Manager, Royal Bank
Collections Centre, P.O. N-7549, Nassau Bahamas and
marked “Tender 2214”. All offers must be received by the
close of business 4:00 p.m., Friday 1st February, 2008.

NOTICE
RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the
following: : See Vt BAN iee 200s ewe Se cer eseet (sebeneS

“ALL THAT” piece parcel or lot of land being Lot #13
College Gardens, situated in the Western District on the
Island of New Providence one of the islands of the Commonwealth
of The Bahamas. Situated theron is a Duplex consisting of (2) two
bedrooms, (1) bathroom.

Property Size: 6,420 Sq Ft
Building Size: 1,456 Sq Ft

This property is being sold under Power of Sale contained
ea woraage to FINANCE CORPORATION OF BAHAMAS

All offers should be forwarded -in writting in a sealed
enevelope, addressed to the Manager, Royal Bank
Collections Centre, P.O. N-7549, Nassau Bahamas and
marked “Tender 8592”. All offers must be received by the
close of business 4:00 p.m., Friday 1st February, 2008.

Bis

Pricing Information As Of:
Wed 2)

Abaco Markets

Bahamas Property Fund
Bank of Bahamas
Benchmark

Bahamas Waste

Fidelity Bank

Cable Bahamas

Colina Holdings
Commonweéalthi Bank{S tyes en mere
Consolidated Water BDRs
Doctor's Hospital
Famguard

Finco ©

FirstCaribbean

Focol (S) ;
Freeport Concrete. ~

ICD Utilities ,

J. S. Johnson

‘Premier Real Estate

14.25 Bahamas Supermarkets
6.00 Caribbean Crossings (Pref)

41.00 ABDAB
14.00 Bahamas Supermarkets
0.40 RND Holdings

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

L SHARE INDEX - 19 Dec 02 = 1,000.00
52wk-Hi - Highest closing price in last 52 weeks
52wk-Low - Lowest closing price in last 52 weeks
Previous Close - Previous day's weighted price for daily volume
Today's Close - Current day's weighted price for daily volume
Change - Change in closing price from day to day
Daily Vol. - Number of total shares traded today
DIV $ - Dividends per share paid in the last 12 months
P/E - Closing price divided by the last 12 month earnings
(S) - 4-for-1 Stock Split - Effective Date 8/8/2007

NOTICE
RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the
following:

“ALL THAT” piece parcel or lot of land being Lot #42,
Foxdale Subdivision situated in the Eastern District on the
Island_of New Providence, one.of the islands.of the Commonwealth ~

“of The Bahamas. Situated theron is a Single Family Residence,

consisting of (3) three bedrooms, (2) two bathroom.

Property Size: 6,329 Sq Ft
Building Size: 1,247 Sq Ft

This property is being sold under Power of Sale contained
in . Mortgage to FINANCE CORPORATION OF BAHAMAS
LIMITED.

All offers should be forwarded in writting in a sealed
enevelope, addressed to the Manager, Royal Bank
Collections Centre, P.O. N-7549, Nassau Bahamas and
marked “Tender 0810”. All offers must be received by the
close of business 4:00 p.m., Friday 1st February, 2008.

RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the

-following: ---->>

“ALL THAT” piece parcel or lot of land being Lot #2 of
Tract Northernside of Adelaide, situated in the Western
District on the Island of New Providence one of the islands of
the Commonwealth of The Bahamas. Situated theron is two Town
Houses consisting of 1-(2) two Bedrooms, (2) two Bathrooms and
1 - (3) Bedrooms, (2) Bathrooms.

Property Size: 5,756 Sq Ft
Building Size: 1,715 Sq Ft

This property is being sold under Power of Sale contained
in i to FINANCE CORPORATION OF BAHAMAS
Li D.

All offers should be forwarded in writting in a sealed
enevelope, addressed to the Manager, Royal Bank
Collections Centre, P.O. N-7549, Nassau Bahamas and
marked “Tender 3359”. All offers must be received by the
close of business 4:00 p.m., Friday 1st February, 2008.

0.00 0.157
0.00 1.502
0.01 2,000 0.612
0.00 0.188
0.00 0.289
0.00 , 0.058
0.00 1.030
cr QO, oe ice ere neenene eore ODF corer
-0.33 11,233 0.426
0.32 0.129
0.00 0.316
0.00 0.713
0.00 0.829
0.00 0.914
0.00 0.359
0.00 0.017
0.00 0.411
0.00 1.059
0.00 1.167
PTGS ORES SS
ast Price Weekly Vol.

eau aiaecan era caticassteaacenas atanacatce cccgasces
959.68 7YTO 00.17% ¢2007,

YIELD - last 12 month dividends divided by closing price

Bid $ - Buying price of Colina and Fidelity

Ask $ - Solling price of Colina and fidelity

Last Price - Last traded over-the-counter price

Weokly Vol. - Trading volume of the prior week

EPS $ - Acompany's reported earnings per share for the last 12 mths

NAV - Net Asset Value

N/M - Not Meaningful

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

*- 18 January 2008
** =~ 31 Docomber 2007
*** . 31 October 2007

MEDICAL SUPPLIES & UNIFORMS ETC.
P.O. BOX CR 56022
medgear247@yahoo.com

m= NEW LOCATION

32 WEST AVENUE - RUAN HOUSE - SUITE#1
(West of Centre, i!le Primary School or South of Super Wash)

“Your choice for affordable medical supplies and uniforms”

Scrub Sets - Printed Scrub Tops - Dresses - Lab Coats / Jackets
Uniforms Sizes: X-Small tox CLOGS Sz: 5-10
A VAST VARIETY OF MEDICAL SUPPLIES

Cleaning items:-
Bleach Ammonia Joy Gain etc.
Hedy’s Pantyhose & Knee-Hi’s, AVON Products

**Use our Lay-Away Plan**
MASTER & VISA CARDS GOVERNMENT P.O. ACCEPTED
GIFT CERTIFICATES AVAILABLE TOO!!

MONDAY - FRIDAY 8:30 AM TO 5PM SATURDAYS 9AM - 1PM

356 - 6689

RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the

following:

“ALL THAT” piece parcel or lot of land being Lot #1218
Golden Gates Subdivision, situated in the Western District
on the Island of New Providence, one of the islands of the
Commonwealth of The Bahamas. Situated theron is a Single Family
Residence, consisting of 3 Bedrooms, 2 Bathrooms.

Property Size: 5,000 Sq Ft
Building Size: 1,315 Sq Ft

This property is being sold under Power of Sale contained
in a Mortgage to FINANCE CORPORATION OF BAHAMAS
LIMITED.

All offers should be forwarded in writting in a sealed
enevelope, addressed to the Manager, Royal Bank
Collections Centre, P.O. N-7549, Nassau Bahamas and
marked “Tender 4042”. All offers must be received by the
close of business 4:00 p.m., Friday 1st February, 2008.

RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the
following:

“ALL THAT” piece parcel or lot of land being Lot #26 Frelia
Subdivision, situated in the Southern District on the Island
of New Providence one of the islands of the Commonwealth of
The Bahamas. Situated theron is a Single Family Residence,
consisting of (3) three bedrooms (2) two bathroom.

Property Size: 5,000 Sq Ft
Building Size: 1,220 Sq Ft

This property is being sold under Power of Sale contained
in a Mortgage to FINANCE CORPORATION OF BAHAMAS

LIMITED.

All offers should be forwarded in writting in a sealed
enevelope, addressed to the Manager, Royal Bank
Collections Centre, P.O. N-7549, Nassau Bahamas and
marked “Tender 1938”. All offers must be received by the
close of business 4:00 p.m., Friday 1st February, 2008.





THE TRIBUNE













- Tribune Comics _

esrb ohne



MR. CAESAR
WANTS TO BE IN THE
WING BUSINESS,
THAT'S ALL

)



COUNSELOR...
YOU'RE RUNNING
YOUR FINGERS
THROUGH YOUR

HAIR AGAIN





RED..-TELL KEITH
ANP TRUPI WHAT
CAESAR HAS IN














TRY ON THIS WIG AND SEE IF YOU'D
LIKE A SNAPPY NEW LOOK



SO, WHAT DO
YOU THINK?




{ THINK [ LOOK
LIKE AN IDIOT!

WELL YEAH, BUT YOU LOOK LIKE
AN IOIOT WITH A SNAPPY NEW LOOK



Both sides

#7653
#1075

MARVIN



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SATISFYING
MY EVERY

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COMICS

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vulnerable.
NORTH
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42
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SOUTH

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#AKQI982

PAK

The bidding:
South
Dble
54
Opening lead — five of spades.
Everyone knows that each player
is dealt 13 cards and that each suit

West
29”
Dble

ITTLE PIGGY THAT WENT
‘WHEE, WHEE, WHEE ALL THE WAY HOME’?

AK QJ1072

North
Pass

ray

PF

contains 13 cards, but many players
neglect to take full advantage of this
knowledge. If they referred to that
magic number more often, they
would find that the play of the cards
is not nearly as difficult as it some-
times seems to be.

Here is a simple exercise utilizing
the number 13, East wins the open-
ing spade lead and continues the suit,
South ruffing with the ace of dia-



12-6
AnSINE-

ft





(©2007 by Mexth Americs Bymdicats, in. World rights reserved.






NON SEQUITUR

DANKE'® ROON\ CLERNING
ADVENTURE CONTINUES...

| DON'T KNOWN HOW
K TUNNEL GoT HERE
IN THE FIRST PLACE,
BUT | GUESS THINGS
CAN'T GET MUCIK

\WEIRDER
















\ STAND
CORRECTED



Oo We A ,.
Wal rst, OH URWERSAL PREIS HHO.







HOW many words of four letters
or more can you make from the \»
letters shown here? In making a
word, each letter be used
once only. Each must contain the
centre letter and there must be at
least one nine-letter word. No

in

DAY’S TARGET

Good 27; very good 40; excellent
54 (or more). Solution tomorrow.



‘é


TARGET

a
ad
13
SANE

Aes
CRYPTIC PUZZLE

DOWN



rE

i ACROSS

E
||
|_|
||
|_|
|_|
||
|_|





9 Inthe past strike, the other came 1 -Upwith the lark? (4-6)
out with (8) 2 Exotic—a mixture; half Tahitian (4)
)10 Mount and, turning, go off (3) 3 Material needed, should a vital body
11 Howyou said “I always keep my fie
/ windows open”? (6) part stop functioning (8) |
12 The girl, upset, has tolie back inside ff. No way booze js the cure! (7)
(6) 5 — Gives good teaching to, as to
! 13 Words of praise J utter gushingly growing public opinion (11)
about the British (7) 6 — Asthe flood abates, weakens (6,4)
8 = dell Bary having ewe 7 Poppycock! Hit the ball to
15 Having had one’s eyesight ruined by one side (6)
glasses? (5,5) Cutting the wood, chuck it
17 Deny, for the record, a missorting of outside (8)
! the mail (8) ‘B10 Sochummy with, it’s stupid (5)
18 Works out from the body shapes (7) 16 Feed, having grub, the spoon-bender
19 Take out “minor setback” (4) therein (7)
21 What the ball and chain gave you to . :
y. eat? (6) 20 Managed, for instance, to climb
24 Doing one’s best to provide the mountains (5) /
required extension? (5,2,3,7) 22 Though strangely tart, do appeal to
27 Heats, stirring, the cold contents of (7) ACROSS DOWN ss ‘th
the pouch (6) ‘ ‘ 9 Periodical publication (8 1 Americanstate (10
29 Cooks and defrauds (4) pgs _ hetiaged puBiler een 10 In favour (3) 2 Body powder (4)
30 Rid of vice and make money in the cruel (47) . Sas. sf! 11 Public speaker (6) 3 Make or become
process? (5,2) 25 Energy required to show your dislike 12 Travelling show (6) liquid (8)
33 Foldup and all fit into the wood of the show (3-2-3-2 13 Pilot’scom 4 — Glazed currant bun (7)
ip ‘ompartment (7)
casing (8) 26 Something from outer space seen, is 14 Prayer ending (4) 5 Understands (11)
35 By about a awoman is found: a clearly amazed by (6-4) : pote creel to} 6 un
predecessor ; oi nspects carefully _
36 “Gather” you stutter, “uncle ts back” 28 For travelling abroad, little tips that i 18 One more (7) 7 Jungle expedition (6)
(4) are lovely (8) 19 Competent (4) 8 — Having nowhere to
37 Youcantell the animal is in near 31 Dead sluggish (8) 21 Most recent (6) live (8)
hysteria (7) 32 Inshort, find an insect on the cheese —_ 24 Fantastic, irrational 10 — Selects (5)
38 Steps taken to ensure you reach the (7) QO. ‘ algae 4 16 Seer
heights (6) 34 While fabricating lies to protect th beatae meee
40 Providing with, while carrying out irl (6 Pa ee rs 29 Objectives (4) 20 Sweepingimplement (5)
one’s work (6) girl (6) . <{ 30 Pupil(7)} 22 Nonsense (7)
Al Said it’s self regard (3) 35 The old girl does get blazing (5) | uu 33 ee coin (8) - 23 Blown-up photo (11)
42 Deceived about the gun, one heard 39 It’s anachievement, getting proof of 35 Wasted (10) 25 Obliterates (10)
gun, \
(8) ownership (4) 36 Dread (4) 26 Drudgery (6-4)
‘ | 37 Naval commander (7) 28 Parody (8)
: 38 Permits (6) 31 Feeler (8)
40 Hit (6) 32 Cradle song (7)
41 Pistachio, say (3) 34 Root vegetable (6)
j 42 Supports, reinforces (8) 35 Swagger (5)
4]. Yesterday's cryptic solutions : 39 Plenty (4)

Yesterday's easy solutions
ACROSS: 4, Untidy 7, Pettiest 8, Thames 10, Cramp 13, Heap 14,
Amp 17, $wb 18, Pint 21, Pertinent 23, Peri 24, Tone 26, Got
32, Skit 33, Straw 34, Desist 35, Humorous 36, Stance

ACROSS: 4, Re-caps 7, Aleh-Ouse 8, Varlet 10, Cr
SI-LL 16, Its 17, T-W-in 18, Euro 21, A hard case
, Even 29, G-L-um 32, Grid 33, Geese 34, Alloys

“amp 13, Kegs 14, Hose 15,
23, Hist 24, Lama 26, P-OM 27,
35, Turn down 36, Br-end-a

. Di . ~ :
sem Watch 2, Te-X-as 3, So-up 4, Revel 5, C-a-RS 6, P-rest-O 9 A-gleam
» Rob 12, Meths 13, Kind-led 15, Sir 16, Ire 18, Wa-ter-y 20, Us-age 21, Al-M.

" 22, Can 23, Howler 25, B-us 28, Vi's-ta 30, Leroy 31, Means 32, Go-W-N 33

Gang(-way) 25, One 28, Lithe 30, Error 31, Twist 32, Sign 33, Show

. Kapi 15, Harp 16,
27, Claw 29, Rent

DOWN: 1, Speck 2, Strap 3, Lisp 4, Utter 5, Trap 6, Dreamt 9, Happen 11,-Red 12,
* Miser 13, Habitat 15, Hut 16, Ant 18, Tricks 20, Inert 21, Pet 22, Now 23, Potent

THURSDAY, JANUARY 24, 2008, PAGE 198























I CANT GETA









monds. Declarer next plays the king
of trumps, East showing out.

It is only trick three, but South
already knows a great deal about the
unseen hands. He knows West
started with exactly one spade and
four diamonds, and also knows from
the bidding that West has at least five
hearts headed by the ace and most
likely the jack.

At least 10 of West’s cards are
consequently known to be lodged in
three suits, which is merely a differ-
ent way of saying that West has at
most three clubs.

All declarer has to do now is to
take advantage of this knowledge.
He should realize that if he simply
draws trumps and then plays a low
heart to the queen, he will very likely
lose two heart tricks and go down
one,

To stop this from occurring, he
should cash the A-K of clubs, then
lead a low trump to the ten and muff a
club. This eliminates West’s clubs.

South next draws West’s last two
trumps, reducing all hands to four
cards, and plays the king of hearts.
West, with only the A-J-9-8 of hearts
left, must win with the ace and retum
a heart, allowing declarer to score the
ten. If West doesn’t take the first
heart, he makes South’s task even
easier. ,

SRE . So

d

dung
d geum gir
d grin

2
o
bo
go

B

§
wo
0:
3
&
S
A

ding hinge

HUMDINGER

drug

3S
3
F
Z

grime grime

ide her

ding dirge
grind gui

g germ gerun
im

grid gri

:
:
2

a
o
nO
3

YESTERDAY'S SOLUTION
hinged huge
hung hunger

dei
d

ay

word

hive

A colony of
bees



_ Evgeny Alekseev v Zhang 7
Pengxiang, Russia v China, Nizhny,

Novgorod 2007. Beijing's chess

chiets want their country to be 7
number one in the world, which
would be a remarkable feat
considering that Chinese chess, 5
which has different rules, is still the
game of choice for most of their
public. Already they have wonthe 5
women’s gold and the men’s silver
medals at the 2006 Olympiad but
their real target is to surpass Russia.
The recent team match ended 52.5-
475 in China’s favour, but it was a
somewhat hollow victory since for
various reasons Russia did not field
any of its elite grandmasters.
Moreover, Russia’s B squad gave the
visitors plenty of problems, notably
in today's puzzle where rising star
Alekseev, 22, had the experienced
Zhang Pengxiang in trouble right
from the opening moves. Here
Black's army is badly co-ordinated
with White’s e6 pawn a damaging
outpost. Black’s last turn was



BABY SITTER ANYWHERE!
WHAT SHOULD WE DO?

>



NE

WE WON'T BE GONE LOKS.
COUDNT CALVIN BE
LEFT FoR A COURLE
HOURS UNSUPERMISED ?

/

\ ©

THURSDAY,
JAN 24

AQUARIUS — Jan 21/Keb 18
No plans for your birthday,
Aquarius? Why not think creatively
and coordinate a hiking trip with
friends. The countyside looks beauti-
ful snow-covered. Virgo will help

PISCES -— Feb 19/March 20

Have you been waiting for some
good luck to come your way, Pisces?
Well, this week it just may arrive in
the form of an overdue check. Spend

|the money wisely, but have fun.

ARIES — March 21/April 20
Conceit can get you into trouble, Aries,
but you seem to ignore all warnings
this week. A coworker gets defensive
as a result. Money matters seem bleak
— reconcile bank accounts.
TAURUS - April 21/May 21
A great opportunity « i
Tuesday but you may be too buss \
see it coming. It’s best if you take
the day off to make the most of this
one-time deal. Libra is key.
GEMINI - May 22/June 21
You haven’t been feeling your best,
Gemini, and this week probably will
be no better. Relax, lay low for a
while and try to recuperate. A special
friend drops by for a visit.
CANCER - June 22/,july
It seems you've gotten yoursell
into another work bind. You just
can’t seem to find a place to work
that interests you, Cancer. Keep
‘looking: don’t settle for just any-
thing. Aquarius helps out.
LEO — July 23/August 23
Have you been feeling lonely, Lev? It
might be time to invite over some
friends to help beat the winier blues.
Thursday seems a good day for a late
dinner. Romance could tallow!
VIRGO - Aug 24/Sept 22
Too many road trips have pul wear
on your car, Virgo. You just made
the investment, so take it easy tor
a while. Tuesday is a good day for
relaxation -— something you need.
LIBRA - Sept 23/Oct 23
You've decided to jump in and
finally get that pesky task done
that’s been haunting you.
you! Wednesday is an tneventiul
day, so sleep in and enjoy it.
‘SCORPIO -— Oct 24/Noy 22
A better mood keeps you lively this
week, Scorpio. When you're on a
roll no one can match.your work
effort so make sure the boss sees all
of your hard work.
SAGITTARIUS — Noy 23/Dec 21
It seems you've been pondering
starting a new business. Remember,
being self-employed has its benefits
but also several downfalls — con
sider them carefully. Capricorn is
the one to watch out for this week
CAPRICORN -- Dec 22/Jan 20
A tip to the doctor has you mending some
of your wild ways, Capricom. Now ts not
the time for fun and games but concenta-
tion on setting a course for your future.
Expect Friday to be very exciting



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Russian champion Alekseev’s actual
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LEONARD BARDEN

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PAGE 20B, THURSDAY, JANUARY 24, 2008

THE TRIBUNE



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Insurer accused
of ‘bias’ against
Haitian clients

@ By JENNIFER KAY
Associated Press Writer

MIAMI (AP) — A life
insurance company previous-
ly sued for discriminatory poli
cies against blacks is now
accused of bias against three
Haitian-Americans, who were

asked leading questions about °

their foreign travel plans or

called by underwriters listening.

for a “Haitian” accent, accord-
ing to a federal lawsuit.

The class-action lawsuit by
three policyholders alleges that
since 2004, Liberty National
Life Insurance Company has
denied policies “based solely
on the applicant’s race and
Haitian ancestry, ethnicity and
national origin,” or replaced
them with policies normally
only sold to the terminally ill.

Two policyholders in Palm
Beach County qualified for
standard life insurance poli-
cies, but claim they were later
issued different policies that
had higher premiums and low-
er benefits.

A St Lucie County policy-
holder was issued a 10-year,
$100,000 life insurance policy
that he said was canceled two
years later after an underwriter
called him and subtly asked
him in friendly conversation if
he planned to ever visit Haiti.
He replied that he would like
to visit Haiti in the future, but
at the time had no money for
the trip.

The underwriter then told
him his policy was immediate-
ly canceled, according to the
lawsuit.
Â¥ Joyce Lane of Torchmark
Corporation, the parent com-

pany of Alabama-based Lib-
erty National, said she was
unfamiliar with the case and
would not comment on an
active lawsuit.

The new allegations are sim-
ilar to ones Liberty National
face several years ago. It was
accused of selling policies to
blacks for higher premiums
and lower benefits than to oth-
er customers. The company
settled the nationwide class-
action lawsuit for $6 million in
2006.

The Florida lawsuit seeks at
least $75,000 in damages.

“Liberty has known that the
targeted members of the black
Haitian-American community
are generally unsophisticated
with respect to understanding
the details of insurance and

financial dealings and are ill- -

equipped to understand the
technical language of Liberty’s
life insurance polices,” said the
lawsuit filed January 14 in Mia-
mi federal court.

More than a third of the
country’s Haitian population
lives in Florida, according to
the United States Census.

Liberty National trained
Haitian-American sales agents
to sell life insurance policies
door-to-door in Haitian com-
munities, according to the law-
suit.

Starting in 2004, Liberty
National began denying or
rejecting standard life insur-
ance policy applications filed
by those sales agents, even
though the applicants met the
company’s requirements, the
lawsuit alleges.

The application cannot by
law ask about an applicant’s

race, national origin or ethnic-
ity. However, Liberty Nation-
al underwriters allegedly asked
whether applicants had previ-
ously traveled or wanted to vis-
it Haiti. Some underwriters
also called applicants to “lis-
ten for a Haitian’ accent,” the
lawsuit states.

Life insurance companies
routinely ask potential policy-

-holders about their foreign

travel, along with questions
about smoking or risky hob-
bies such as skydiving, said
James Hunt, a life insurance
actuary with the Consumer
Federation of America.

They cannot terminate a pol-
icy because of foreign travel,
but can refuse to issue one in
the first place, Hunt said. Com-
panies also have a limited
amount of time to contest a
policy and rescind it if infor-
mation on the application was
misrepresented, he said.

“If you’re going to Iraq,
nobody wants to write you a
life insurance policy,” Hunt
said. “Most of us know Haiti
can be a dangerous place.”

The US State Department
has issued a travel warning for
Haiti, due to ongoing security
concerns in the impoverished
Caribbean country, including
the risk of kidnappings.

The lawsuit also claims that
many applicants were also
asked to provide immigration
papers, a Social Security card
or a driver’s license — docu-
mentation not demanded of
other customers.

The lawsuit also alleges that
the company failed to pay.
death benefits due on policies
sold to Haitians.

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IN TODAY’S TRIBUNE








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‘Christie staying as leatler

PLP chief says he will
remain until pa..y
decides to change him



@ By PAUL G TURNQUEST
Tribune Staff Reporter
pturnquest@tribunemedia.net

FORMER Prime Minister Per-
ry Christie has warned other
would-be leaders of the PLP that
until such time as the party decides
to change him as leader in a
“respectful constitutionally organ-
ised way” he will remain at his
post.

Speaking to party delegates at
the Marathon branch on Tuesday
night, Mr Christie issued his defi-
ant message in the presence of
some fellow parliamentarians.

Among those were PLP MP for

Bain and Grants Town Dr’

Bernard Nottage, West End and
Bimini MP Obie Wilchcombe, Fox
Hill MP Fred Mitchell and St
Thomas More MP Frank Smith.
Mr Christie said the PLP was
resolved and united, and when it

came out of its convention next
month, it would be the party of
choice for the people of the
Bahamas.

“So I want PLPs to disabuse
themselves tonight that there will
be any kind of knives, backstab-
bing, and this and that and the
other, and turmoil and all the oth-
ers.

“T said to the council on Thurs-
day night that everyone has a right
to run for any office of their
choice, That’s a right. We must
respect that right, and whether
that’s for leader, deputy leader,
chairman, whatever the case might
be,” he said.

However, Mr Christie added
that he did not think that, in exer-
cising this privilege, candidates
had the right to “unnecessarily
attack” other party members.

“Everyone must be given the
full flowering opportunity to chal-
lenge and then we come together
and say, ‘Hail to the Chief’ - who-
ever that is. So that’s what it’s all
about. And that’s the new spirit

SEE page 14

Christie rejects claims
by the prime minister

By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net

IN RESPONSE to a verbal assault on him by Prime Minister Hubert
Ingraham, opposition leader Perry Christie has rejected claims that he is
responsible for problems exposed in the electoral system.

He warned Mr Ingraham to “act with the dignity and maturity that
Bahamians expect of the person holding the office of prime minister” when

making public statements.

SEE page 14




















Man appears in
court accused of

attempted murder

A MAN accused of attempted
murder as well as causing grievous
harm was arraigned in Magis-
trate’s Court yesterday.

Amal Hunter, 21, of Kemp
Road, was arraigned before Chief
Magistrate Roger Gomez.
According to court dockets,
Hunter on Saturday, January 17,
attempted to cause the death of
Yovelle Thompson.

Thompson was reportedly shot
in the chest near Dumping
Ground Corner around 10am on
Saturday. Hunter was not
required to plead. The case was
adjourned to March 3 at Court
10, Nassau Street, for trial.

It is further alleged that Hunter
on the same day caused grievous
harm to Zhivargo Pratt and was in

. possession of a shotgun with the

intent to endanger the life of
Sandy Sands.
Hunter, represented by attor-



KILLS 99.99%
of GERMS








Tim Clarke/Tribune staff

VEAL

ney lan Cargill, was not required
to plead and the matters were
adjourned to April 17.
Arraigned with Hunter was 21-
year-old Jamaal Goodman Smith
of Dumping Ground Corner, who

SEE page 17



Sh

» YOU CAN TOUCH, THEN

Use anytime and
anyplace without
water or towels.

Kills 99.99% of germs
that can cause illness.

‘seated MOL MAO CEE LCOS ol. = GLa SaaS RSIS

Tim Clarke/Tribune staff
























Claim that
discontent is
threatening
unity in the
Defence Force

GROWING discontent
among some senior officers in
the Royal Bahamas Defence
Force - most of it directed
against the new commodore,
Clifford Scavella - is threaten-
ing the organisation’s unity and
effectiveness, it was claimed
last night.

Several issues are at the cen-
tre of the problem, including
the alleged victimisation of two
Muslim officers, and a dispute
over $3,000 which allegedly
was taken from wardroom
funds at the Coral Harbour .
base to be used for a social
purpose involving force per-
sonnel.

However, the commodore
adamantly dismissed these alle-
gations. During an interview
with The Tribune yesterday,

SEE page 17



Triumphant
entrance to

House for
Pinewood MP

@ By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net

BYRAN WOODSIDE, the MP
for Pinewood, made a triumphant
entrance into the House of Assem-
bly yesterday morning to thunder-
ous applause from FNM colleagues
in his first appearance in the Low-
er Chamber since the election court
tuling.

The Speaker of the House began
the session by reading a certificate

from the election court reaffirming "

that Mr Woodside is the duly-elect-
ed member for the constituency,
before Mr Woodside walked into
the Lower Chamber.

SEE page 14

Parliamentary
Registration Dept
to work with AG’s
office and police

@ By KARIN HERIG
Tribune Staff Reporter
kherig@tribunemedia.net

THE Parliamentary Registration
Department will from now on be
working closely with the Attorney
General’s Office and the police to
avoid the “egregious” system fail-

‘ures that occurred during the gen-

eral election in the Pinewood con-
stituency.

Sherilyn Hall — who is serving as
acting parliamentary commissioner

SEE page 14

MPs clash
in House
over social
legislation

@ By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net

HEATED debate erupted in the
House of Assembly yesterday
between PLP MP Melanie Griffin
and FNM minister Loretta Butler-
Turner, as the opposition MP asked
why the government had not yet
enforced two pieces of social legis-

SEE page 14















PAGE 2, THURSDAY, JANUARY 24, 2008 ; THE TRIBUNE

RICH IN CULTURE, CAT ISLAND APPEARS TO HAVE BEEN FROZEN IN TIME

‘Bahamas’ best kept secret’

@ By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net

at Island is known

affectionately by

some of its proud
local Islanders as “God’s good
land.”

When The Tribune travelled
to the lush out island this
week, it found rich culture —
brought to vivid life by its
many musicians and dancers
— history which you can see
and touch, pink sand beaches
outlining a unusual and lofty



a _— wn a es landscape, and warm people.
FADED GLORY: The formerly grand Deveaux House was built by Andrew Deveaux Snr, father of Andrew Over and above this, there

Deveaux Jnr on land his son was granted as a reward for ousting the Spanish from Nassau in 1752. is a sense of a community

; r where time has stood still,

allowing those who were

4 pe SB ORR nN either unaware, or had for-

eI, CR GOR OL) a ea | gotten what it was like, to be

ee mmm ~ | absorbed in a truly authentic
cunenastite aie v can Bahamian experience.

In a place where a majority
of the residents still engage in
subsistence farming and gen-
erations of women earn a liv-
ing from harvesting and plait- i OSES? oan
ing straw, where three cars GLASS ACT: Bahamian owner of Sammy T’s resort and restaurant, Sam-
passing in the space of 10 min- my, pours some wine for his guests. The bar and dining room is tastefully
utes constitutes rush-hour and —_ adorned with original Bahamian artwork.
the height of local commerce
is a few small and scattered
convenience stores selling
mainly tinned and jarred
goods and coveted home-
baked breads, the 46 mile long

DUE SW) fromNasau

Take a drive along the long
and winding King’s Road and,
hidden beyond Cat Island’s
ubiquitous and verdant
foliage, unexpectedly luxuri-
ous and unique accommoda-
tion can be found on offer to
visitors, in the form’of several
small resorts owned and run
by Bahamian and expat resi-
dents.

Walk through each proper-
ty and your eyes will widen at
the sight of your new play-
ground: an empty, trash-free,
powder-sand beach.

Many Cat Islanders dwell
on a dilemma these days: how
to encourage more visitors,
Bahamian and international,
to their shores without losing
the best of their “best kept
secret”, which they hope to REE oa VERS GSE
preserve for themselves and — §QUNDS SAW GOOD: A local musician plays the saw as part of Rake ‘n’
future generations of Bahami- Scrape band, Franco and the Boys. The men play the music in its “orig-
ans. inal” form, with only a saw, accordion and goat-skin drum.

5



fur





Pansy A, trom flow Hirst 2 Irons
Eaon additional 20 minutes

Dvasibyy” Dbakeanesamonans

iH Git mvaurtt then ext $3.00 i eG
§& Siudbsrecquaint Hours; $4 ON) ae OY
| Draaihy” Mresxctronirn sary $8.00 | Sa.00 ”

Pasay yh



Dreiiy”™” wikzwsctonnusen Cvany 2 aareidh SyulesecNcanit cays, $3, (HD) | (HO) OH)

ieselkity/* Mirani A Sy O10)

PG neirs tren date env ene elbenitry
lea Ma Ar eT ce ka 8 eI Le ae

LOCAL COLOUR: A traditional straw bag made from locally-sourced Cat Island palm. Venturing into the bush
to find their materials, women cut down, cure and strip the palm fronds before plaiting begins.


THE TRIBUNE

THURSDAY, JANUARY 24, 2008, PAGE 3



Police confident troubled
area can be turned around

0 In brief

School site
is ‘safe for
construction’

@ By KARIN HERIG
Tribune Staff Reporter
kherig@tribunemedia.net

SOIL samples at the
construction site of the
new TG Glover Primary
School have shown elevat-
ed levels of arsenic which
are, however, within
accepted environmental
standards, Minister of
Education Carl Bethel
told the House of Assem-
bly yesterday.

Addressing parliament
during the morning ses--
sion, Mr Bethel said that
experts have declared it
safe for construction at the
Pitt Road site to continue.

Mr Bethel explained
that soil,.sampling conduct-
ed by the Ministry of
Health and Social Devel-
opment in June 2007 con-
firmed the presence of ele-
vated levels of arsenic.

However, the Ministry
of Health is of the view
that the levels of arsenic
’ found, while elevated,

were within acceptable
United States and Florida
environmental standards,
he said.

This preliminary testing
at the site was carried out
after a complaint by build-
ing contractor E R Hanna
that toxic materials could
be found in the area.

Mr Bethel explained
that following the first
round of tests, deep core
soil samples were exam-
ined by experts of the
Groundwater and Envi-
ronmental Services Com-
pany (GES).

Tests by the GES con-
firmed the absence of any.
significant levels of toxici-
ty above the results
obtained by the Ministry
of Health.

“All the medical experts

- offered the opinion that it
was safe to continue con-
struction and for the pro-
posed TG Glover Primary
School to be completed.
Accordingly, the govern-
ment authorised the re-
commencement of con-
struction,” the minister
said.

Mr Bethel was yesterday
answering an inquiry by
Fort Charlotte MP and
former Education Minister
Alfred Sears as to whether
there has been any investi-
gation and testing of stu-
dents, faculty and staff at
the School for the Deaf -
which is located in the
northern side of the Pitt
Road site — after it was
maintained by the FNM
minister that he suspected
that there were toxins in
and around that area.

Mr Bethel answered his
predecessor by stating that
no complaints of skin irri-
tation or sickness were
received from faculty, staff
or students of the School
the Deaf and that any con-
cerns for their well-being
were resolved before the
start of 2007/2008 school

" year.

' The question of elevated

toxicity levels at the Pitt

Road site last summer

led to heated dispute

between the FNM and the

PLP...

FNM Minister of Public
Works Dr Earl Deveaux
told the public that the
contract to build the new
primary school was halted
because of health con-
cerns.

However, Dr Deveaux’
predecessor Bradley
Roberts — former PLP
Bain and Grants Town MP
~ accused the FNM of sus-
pending the contract in an
effort to “demonise” the
Christie administration by
suggesting that the PLP
had allowed construction
to go ahead on a toxic
waste site.

“The records will with-
out a doubt show that full
and proper due diligence
was executed in all phras-
es of the T G Glover
School project by the tech-
nical and administrative
staff of the Ministry of
Works,” Mr Roberts said
in July.

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@ By TANEKA
THOMPSON
Tribune Staff Reporter

tthompson@tribunemedia.net

MOTIVATED by the
recent killing of a young father
of four in the Joan’s Heights
community, police say they
are confident they can over-
come the stranglehold that
drug dealers and violent crim-
inals have on the area.

Chief Superintendent
Stephen Dean, officer-in-
charge of the Southeastern
Division, said that while the
extensive community is a
“hard-line area” that is the
home to drug dealers and pet-
ty thugs, he and his team are
optimistic that through neigh-
bourhood community watches
and a holistic approach, the
urban area will see a positive
turn around.

“That whole area is a hard
line area. It was one of our
most difficult areas to get the
people organised. We are now
able at this point to get the
people who want a safe com-
munity to form a crime
watch,” Mr Dean explained.

A community meeting is
scheduled for 7pm tonight at
New Hope Baptist Church on
New Hope Drive.

Member of Parliament for
Bamboo Town Branville
McCartney is slated to attend
the meeting.

The Tribune spoke with a
few residents of the area on
Tuesday at the scene of the
death of Marvin Seymour,
who was gunned down in cold
blood in his home in front of
his children.

Angry residents claimed
police in the area rarely
respond to their calls for
patrol cars.

One neighbour claimed she
placed a call to police to alert
them of a suspicious man loi-
tering outside the victim’s
home days before his death.
She claimed a police patrol
unit never arrived.

An officer from the station
told The Tribune that as far
as the station is concerned, a
report of that nature was nev-
er made.

Yesterday, Chief Supt Dean
contended that police patrols
have increased in the area sub-
stantially. His station has seen
the number of housebreakings
dwindle as a result, he said,
but officers face resistance in
getting the community
involved.

“Because of the type of ©

characters in the area, the
police have not had to come
there for friendly means. It
was a contentious thing, (but)
this is the area that we are
fighting hard for and we final-
ly got a breakthrough,” he
said.

Police are hopeful that the
murder of Seymour will yield
some positive results and

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bring residents with informa-
tion on criminals forward.

“We cannot allow a few
thugs, a few persons who don’t
want to live by the law to take
over communities. We are
(asking) people to come for- .
ward and we want to reassure
(them) that they can have con-
fidence in the police.

“We are positive it will hap-
pen but it’s not going to hap-
pen over night because the
community did not get there
over night,” Mr Dean said.

Marvin Seymour, 39, was
killed on Tuesday morning in
his home off East Street
South. Three gunmen kicked
in the front door of his home
and riddled him with bullets
in the presence of his four
young children.

The culprits reportedly fled
the scene in a dark coloured
car and headed off in an
unknown direction.

It was the fifth murder of
the year.

Motorist in ‘serious
condition’ after
apparent argument

A 35-YEAR-OLD man suffered a serious head injury
after an apparent argument with another motorist on
Wulff Road ended with him receiving a blow to the head
with a metal pipe.

Police are investigating the attack, which left the
motorist in a “serious condition” in hospital on Tuesday
evening, Assistant Superintendent Walter Evans yester-
day.

According to Mr Evans, the vehicles belonging to the
two men, a Ford F150 truck and a Hyundai H100 truck,
were travelling along Wulff road, near Mount Royal
Avenue when they were involved in an accident.

“As a result of that accident police believe that there
may have been some exchange,” explained Mr Evans.

The driver of the Ford truck was then allegedly struck by
the 47-year-old driver of the Hyundai with a pipe.

He was taken to the Intensive Care Unit of the Princess
Margaret Hospital.

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PAGE 4, THURSDAY, JANUARY 24, 2008 THE TRIBUNE

(cn
; EDITORIAL/LETTERS TO THE EDITOR

The Tribune Limited | Tyme that voice
of the people

Being Bound to Swear to The Dogmas of No Master
LEON E. H. DUPUCH, Publisher/Editor 1903-1914

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

Publisher/Editor 1919-1972

Contributing Editor 1972-1991

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

LL.B.
Publisher/Editor 1972-

Published Daily Monday to Saturday

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

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

Christie’s $1m promotional book

SPEAKING IN THE House of Assembly
on December 3 last year State Minister for
Finance Zhivargo Laing questioned the spend-
ing by the Christie government of almost $1
million on a glossy publication to promote the
Bahamas and attract foreign investors.

Said Mr Laing:

“They (the Christie ecveenmenty approved.a
contingency warrant to expend almost $1 million
for the promotional book which the (prime
minister) had alluded to which came out a little
under a month before elections.

“They indicated that almost $20 billion was
in the pipeline in the country having been
approved by themselves has now been upped to
$29 billion at last count, that the country had
come to almost full employment, that notwith-
standing all those wonderful, marvelous,
unprecedented facts in (the country) that at the
late hour in their tenure they felt the need to
publish this book, presumably to promote
investment in the country.”

Reading parts of the magazine — a most
attractive and informative publication — the
reason for its production at such a late hour
does not make sense. If the PLP were telling the
public the truth, there was so much investment
in the pipeline that this country could never
have kept up with the demands on its work-
force. In other words more investment was not
needed unless, of course, the plan was to sell out
the country.

There is nothing wrong with the publication
as far as graphic design and printing is con-
cerned. It is a top class publication of 290 pages,
of which 201 are in full colour.

On the web the publishers, the London-
based Caribbean Investment Profiles, promotes
it as its latest Profile, which features the
Bahamas.

The company says it is marketing the maga-
zine as “the compulsory read for all serious
investors in the Bahamas.”

It says that copies of the publication are
available at the publication’s headquarters or by
contacting the editor. An address where the
magazine is available was still up on the web
when we last checked on Saturday. According to
Mr Laing 10,000 was the full print order, which
was in Nassau. However, according to this
notice on the web there are still more in London
ready for distribution.

According to Mr Laing the publication cost

£440,000 or almost $1 million when converted to ,

dollars. We had the magazine priced locally.
The estimated price given by a reputable
Bahamas print shop was $163,263.40.

_If government, for secrecy reasons, did not
want the magazine published in the Bahamas,

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then it should have explored the options in the
US where our dollar is on par, and we would not
have had to use so much of our foreign reserves
to meet the UK bill.

But no matter which way we look at the
magazine we cannot fathom the reason for its
existence. Obviously it was not for local con-
sumption. However, it was claimed that it was
done to attract foreign investment. If that were
so then why wasn’t the emphasis strictly on the
Bahamas and its many financial benefits rather
than on Prime Minister Christie without whose
“skills” nothing could have been done. Where
did the ministers of the gospel fit into such a
publication, except to adoringly sing the prais-
es of Mr Christie?

In the publication, Mr Christie says that it is
his “unwavering conviction that the good sense
of the Bahamian people, in which I have the
greatest faith, will ensure the Progressive Liberal
Party are re-elected in 2007 for a second and
consecutive term to enable us to continue our
work.”

Throughout the magazine, the reader is
assured of Mr Christie’s victory on election day.
According to the magazine, he was guaranteed
office for at least another five years. The foreign
investor certainly cannot vote to get him there,
but he might be able to smooth his path by
helping him get there with a substantial dona-
tion. If Mr Christie is going to be the man they
will have to do business with for another term,
maybe to show their friendship they could make
a party donation to help the campaign.

In a radio broadcast, Mr Christie, who seems
to think that the PLP are entitled to lead this
country, said it was difficult for him to accept
that his party was beaten fairly.

Mr Christie told the listening radio audience
that in his 30 years in politics he had never seen
money play a role in an election as it did in the
May 2007 election.

Obviously, the PLP did not receive the dona-
tions that he expected.

Is it possible that this magazine was pub-
lished to be distributed to well-heeled foreign
investors in the expectation that they would
consider a sizable donation to the PLP elec-
tion?

We don’t say that this is the reason, because
we honestly don’t know. However, having care-
fully examined all the other options, this, in
view of Mr Christie’s complaint about the role
money played in the 2002 election, seems to us
the most probable.

But, however, one looks at it, this publication |

was obviously designed to help the PLP election
rather than the country. We, therefore, question
whether the Treasury should have paid for it.









Tel: 323-5171



_be respected

EDITOR, The Tribune.

FOR God’s sake, it is high
time that the voice of the
Bahamian people be
respected. Allyson “Count
It Again” Gibson must be
the most selfish human
being on this side of Jordan.

Many asked what it would
take to get it through her
thick skull. Pinewood con-
stituency said on May 2 that
they did not want Mrs Gib-
son, but she, like a spoiled
brat, kept trying to circum-
vent the people’s wishes.

She tortured the system,
allegedly counting the bal-
lots over and over again.
The result was not
favourable for her, so she
insisted on confirming what
is now a family trait - “all
for me baby”, or nothing.

Still reeling in shock that
an unknown rookie beat a
supposedly invincible and
untouchable candidate with
a superiority complex, Mrs
Gibson proceeded to bur-
den an already loaded court
calendar with an election
case that took too many
weeks of time that could
haye been used to help alle-
viate the backlog of cases
that she may have been
responsible for as Attorney
General.

But, as God would have
it, the court confirmed what
the people of Pinewood
already knew, that Byran
Woodside had beaten Mrs
Gibson twice in eight
months.

Punishment must really
turn her on.

As expected, she was not
gracious in her defeat. She
never congratulated Mr
Woodside for beating some
sense in her head through
the polls. Fortunately,
through all of this, Mr
Woodside was the consum-
mate gentlemen, never. dis-
tracted and always confi-
dent.

But what was so amazing
is how Mrs Gibson made it
appear to be the parliamen-
tary commissioner’s fault.
She, along with all of the
spineless PLP top brass, was
not honest enough to admit
that they were the architect
of this “holy mess.”

Pathetic Perry Christie
cannot gather enough guts

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to stare reality in the face
and admit that he, as prime

minister, as he always
reminds us, was in charge
of the whole system that
completely destroyed the
process of the registration
of voters and the “gerry-
mandering” of the con-
stituencies.

All of this, coupled with
the fact that it. was done
only weeks before the elec-

tion, compounded ne whole |

problem.

But what was so interest-
ing is that Mrs Gibson cried
foul and investigated the
very same people that were
allegedly moved from Nas-
sau Village to Pinewood to
save her seat and sacrifice
Hope Strachan.

But the plan backfired.
The people that Mrs Gib-
son thought were PLP in
fact voted FNM. Now she
and her entire PLP party

have rotten egg on their col-
lective faces.

The plan to frustrate
everyone in constituencies
like Fox Hill, Elizabeth, Sea
Breeze and other con-
stituencies, and to move
some people around, caus-
ing husband and wife to not.
only vote in different
polling stations, but differ-
ent constituencies, was
almost criminal. I dare any
PLP to say otherwise. -

But I keep remembering
what we sang while tears of
joy rolled down some of our
faces the night when Hubert
Ingraham entered the halls

_ of the last FNM convention,

“To God be the glory, great
things hath done”, and we
must all be grateful that in
such a time as this, we have
a leader who will not wither
under the pressure.

Truth is stronger than fic-
tion.

IVOINE W
INGRAHAM
Nassau,
January, 2008.

Complaining about
Internet service

EDITOR, The Tribune.

I AM writing to complain about the lousy service BaTelCo offers to
their internet and vibe customers. At the end of November my inter-
net and vibe stopped working. I called the service no. 225-5282 where
you punch in the numbers they say and the extension they give for busi-
ness services does not answer at nine o’clock in the morning 12 noon
in the afternoons, evenings or at any time. For two months I tried to get
service and got no answer from that extension.

Today finally at wit’s end I called that 225-5282 and connected to the
Call Centre and got connected to an angel Sharon Smith. I explained
my problem to her and she took the information and told me she
would personally walk it to the internet section where I could not get
them to answer the phone for two months, and guess what I got a call

from a young man in five minutes.

Sharon Smith at 225-5282 BaTelCo Call Centre I wish to com-
mend you for your helpful attitude, it's people like you that BaTelCo
should have working in frontline and helping people. You have my vote
for person of the year at BaTelCo. Your bosses really need to look into
business services internet extension, because it is lousy, and they need

to promote people like you.

MIRIAM ADDERLEY
Nassau,
January 10, 2008.

Share 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.

and share your story.

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THE TRIBUNE

THURSDAY, JANUARY 24, 2008, PAGE 5







Body of man
believed to he
Haitian washed
up on shore

THE body of a man, who
police believe to be Haitian,
has been found washed up on
the shore in front of the Nas-
sau Harbour Club on East Bay
street.

According to police, the
man showed no visible signs
of having suffered bodily trau-
ma, and the matter is current-
ly being treated as a drowning
until an autopsy can confirm
the cause of death.

Assistant Superintendent
Walter Evans said it seems
that the man’s body had been
in the water for around 24
hours.

He was unable to confirm if
the corpse was clothed.

Astronaut survey
finds no launch day
lirinking, one case
of mixing medicine
and alcohol

i CAPE CANAVERAL, Fla.

NASA said Wednesday that a
survey of astronauts and flight
surgeons found no evidence of
launch day drinking by crew
members, despite a report last
year of two cases of drunken-
ness, according to Associated
Press.

The anonymous survey

uncovered a single case of “per- *:

ceived impairment” by someone
just a day or more from blast-
ing into space, and it turned out
to be a reaction between pre-
scription medicine and alcohol.

NASA officials, citing med-
ical privacy, refused to say when
or where tte episode occurred,
oni that 1 nappened on one of
the final days leading up to
launch but not on launch day.
The crew member ultimately
was cleared for flight and rock-
eted into space.

The officials said they did not
know whether the specified case
was one of the two alleged cases
of astronaut drunkenness cited
in a report by outside medical
experts last summer.

Tne





Carl Bethel



Marco City resident preparing to
take legal action against former MP

FREEPORT, Bahamas — A
Marco City resident is prepar-
ing to take legal action against
former MP for the area, Pleas-
ant Bridgewater, for alleged
defamation of character.

Following the 2007 general
election, the PLP set out to
contest three seats won by the
government, among them Mar-
co City.

Court documents filed by
Mrs Bridgewater in June, 2007,
allege that 181 persons who
were not Bahamians or who
were not ordinarily resident in
the Marco City constituency
voted in the election, unlaw-
fully contributing to the win of
incumbent MP Zhivargo Laing.

Gaynell Garland, a resident
in Marco City for 10 years, said
she was surprised to find that
she had been named in Mrs
Bridgewater's list,as a person



sneakerha

Rosetta St.





. LOCAL NEWS

m@ By KARIN HERIG
Tribune Staff Reporter
kherig@tribunemedia.net



MINISTER of Education Carl
Bethel yesterday informed the House
of Assembly that 11 different pro-
grammes and strategies will be intro-
duced to enhance student perfor-
mance in public schools.

To improve literacy levels among
students, Mr Bethel announced that a
“literacy hour” will be introduced at
schools, which will include initiatives
related to literacy and numeracy
instruction.

Literacy and numeracy enrichment
programmes for families will also be
offered, he added.

Provisions are being made, Mr
Bethel said, to offer adequate and
appropriate teaching and learning
materials to improve literacy levels.

set for 11 different
new stategies, programmes

to improve the performance of under-
achieving students who live in spe-
cific areas.

The Ministry of Education will fur-
ther be offering improved appren-
ticeship and career-based pro-

grammes, as well as international

computer literacy certifications in
conjunction with the Bahamas Voca-
tional Training Institute (BTVI).

In evaluating a student’s perfor-
mance, Mr Bethel said, test scores
will be used to determine concentra-
tion of instruction.

A precise accountability mecha-
nism will also be introduced to mon-
itor student performance and provi-
sions will be made to offer incentives
and awards to make the students
eager to learn.

After school hours, study halls and
homework centres will be established,
the minister said.

For teachers in areas of need, he

who voted illegally in the elec-
tion.

“This is a slap in the face,”
said Ms Garland, who claimed
she voted tor Mrs Bridgewater
in the 2002 election.

“At that time I felt that she
was better to represent Marco
City. 'm very insulted, and my
parents wili be insulted as
well.”

Ms Garland claimed she is
being targeted by the senator
because she changed her mind.

“T feel like it’s my constitu-
tional right as a Bahamian to
vote for who I see fit to run the
country. We are allowed to
change our minds. If I was
Bahamian enough to vote for
her in the 2002 general elec-
tion, what has changed now?”

She said that Mrs Bridgewa-
ter and other opposition mem-
bers must now come to terms

Strategies are also being devised



with their loss at the polls.

“This is a waste of our
Bahamian tax dollars,” she
said, “and as far as I am con-
cerned it is dirty for the PLP to
take it this far.” She admon-
ished the party to “Give up”.

Ms Garland has enlisted the
legal assistance of local attor-
ney Fred Smith, who is also
lead attorney for MP Zhivargo
Laing in his election court chal-
lenge.

Mr Smith said Ms Garland
is one of seven persons who
has approached him with
regard to taking legal action
against Mrs Bridgewater. How-
ever, Ms Garland is the first to
go through with the action.

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said, there will be targeted profes-
sional development.

“These strategies will be imple-
mented through the District Improve-
ment Plan (DIP), which is designed to
increase accountability of adminis-
trators and teachers, promote
parental and community involvement,
encourage sharing of best practices
and improve teacher performance
and student achievement,” Mr Bethel
said.

The minister explained that indi-
vidual schools within the districts will
implement aspects of the DIP guided
by their assessed needs, and the over-
all vision and mission of the Ministry
of Education.

An oversight committee, made up
of representatives from a cross-sec-
tion of education sectors, will have
the responsibility for monitoring and
evaluating the progress of these plans,
Mr Bethel said.



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THE TRIBUNE

Man accused of fire at Urban

Renewal Centre appears in court

According to court dockets,
it is alleged that on Sunday,
January 6, Longley broke into
the Nassau Village Urban
Renewal Project Centre locat-
ed at Stack Avenue.

It was further alleged in
court dockets that while there,
Longley stole electronic appli-
ances and other items togeth-
er valued at $12,800.

On the charge of arson,

THE man accused of break-
ing into and setting fire to the
Nassau Village Urban Renew-
al Centre was arraigned in
Magistrate’s Court yesterday.

Rayfield Longley, 32, of
Nassau Village appeared
before Magistrate Carolita
Bethel at court eight in Bank
Lane on charges of arson,
stealing, receiving and shop-
breaking.

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court dockets alleged that
Longley, being concerned with
another on the aforemen-
tioned date, set fire to the
Urban Renewal Centre which
resulted in damages estimat-
ed at $80,000.

Longley was not required to
enter a plea to the charges and
was remanded to Her
Majesty’s Prison until Febru-
ary 7 for bail hearing and
report.

The prosecution said it
intends to proceed with the
matter via a voluntary bill of
indictment.

Michael Jordan
event sponsors
and Kerzner
donate $50,000
to Butch fund

SPONSORS of the Seventh
annual Michael Jordan Celebri-
ty Invitational joined Kerzner
International in donating
$50,000 to the Butch Kerzner
Memorial Fund last Friday.

The Butch Kerzner Memori-
al Fund was created in memory
of the late Howard ‘Butch’
Kerzner, former chief executive
officer of Kerzner International,
to improve playgrounds and
other sports facilities in public
schools in the Bahamas.

Making the donation to
Vanessa Kerzner, wife of the
late Butch Kerzner along with J
Barrie Farrington, Kerzner
senior VP, was basketball leg-
end Michael Jordan.

Jordan made the presenta-
tion during a special rock climb-
ing exercise for more than 100
students from 10 local govern-
ment schools.

The funds were part proceeds
from the Michael Jordan
Celebrity Invitational which was
held at the Ocean Club Golf
Course over the weekend.

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THE TRIBUNE

THURSDAY, JANUARY 24, 2008, PAGE 7



LOCAL NEWS

a ee ae
‘Legal heavyweights’ to
weigh in on growing
crime problem

TWO panels featuring a
number of legal heavyweights
are set to weigh in on the
growing crime problem and
the judicial system’s seeming
inability to cope with it.

The discussions will be the
focus of the College of the
Bahamas Law Library’s sec-
ond annual “Lunch and Liti-
gation” event, to be held
Wednesday January, 30.

“There is no doubt that the
general public are feeling
aggrieved and angry at the
apparent ineffectiveness of the
law enforcement agencies and
the judicial system to deal with
the ever rising number of vio-
lent criminals who are stalking
the streets of the capital when
they should be behind bars

paying for their brutal acts of

barbarism,” said the library in
a statement.

“People seem to want a
quick fix, something that will
show results immediately. But
is there one? Is it possible to
arrest the current soaring mur-
der rate quickly and efficient-
ly? Are there circumstances in
the system of catching, arrest-
- ing, trying and convicting crim-
inals that that you and I are
not aware of but which cause
inertia and frustration to police
officers, lawyers, judges and
the public?” the statement
asked.

The college said this year’s
lunch is an expanded version
of the first “very successful”
event held last year.

“This year there will be two
panels in the morning,
designed to investigate the vex-
ing crime problem,” it said.

The first is on lawyer prepa-
ration and will feature Chief
Justice Sir Burton Hall; lawyer
Wayne Munroe, president of
the Bahamas Bar Association;
student Paul Jones, vice-presi-

ont colour front

The College of the Bahamas
Law Library’s second annual
‘Lunch and Litigation’ is
scheduled for next week

an Burton eT

dent of the Eugene Dupuch
Law School Student Associa-
tion.

The second, entitled “Crime
and the Law” will see lawyer
Wayne Munroe talking on the
Bail Act, Inspector Keith Bell
presenting on the time it takes
to bring an accused person to
trial, Elsworth Johnson, who
will be talking on human rights
perspectives and Fayne
Thompson and Murrio Ducille,
who will be reassessing pun-
ishment with reference to the
death penalty and other forms
of correction.

At the luncheon itself, there

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will also be a guest speaker,
Justice Jon Isaacs, who will be
giving his perspective on what
the college described as a “sen-
sitive and vexing” situation.

“It all promises to be a very
informative and controversial
day of presentations and dis-
cussions and the College of the
Bahamas hopes that attorneys
and other interested parties
will come and support the Law
Library as it strives to raise
funds to contribute to the new
library to be built at the Oakes
Field campus,” the statement
said.

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PAGE 8, THURSDAY, JANUARY 24, 2008 THE TRIBUNE





Ambassador Designate of
Ireland pays courtesy call

DECLAN KELLY, Ambassador Designate of Ireland, paid
a courtesy call on Deputy Prime Minister and Minister of For-
eign Affairs Brent Symonette at the Ministry of Foreign Affairs

_ yesterday.

Mr Symonette conveyed The Bahamas’ interests in alternative
forms of energy, as Ireland is noted for its wind farms and
solar energy plants.

He also noted that a number of Irish investors are interested
in developing bonefishing lodges in the Bahamas, particularly in
Abaco.

Mr Kelly said the Bahamas is an “extraordinarily successful”
country in the Caribbean, where Ireland is gradually expanding
its foreign services.



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STATE attorneys tried
Wednesday to reinstate a sus-
pension that would keep All-
state’s 10 insurance companies
nationally from writing new
business in Florida, according to
Associated Press.

Insurance Commissioner
Kevin McCarty suspended All-
state last week after it refused
to turn over documents sought
by the state. Regulators want
company executives to explain
why it hadn‘’t reduced ‘rates
enough after last year’s passage
of a bill designed to lower pre-
miums.

“Florida consumers deserve
to know what is in the docu-
ments that Allstate is so aggres-
sively guarding and my office is
determined to get them,”

McCarty said Wednesday after
the 12-page appeal was filed
with the Ist District Court of
Appeal.

The court Friday allowed
Allstate to keep selling insur-
ance in Florida while the com-
pany appeals the state’s order
barring it from writing new busi-
ness,

In its response, regulators said
Allstate’s failure to provide the
documents is a willful violation
of Florida statutes and “a con-
tinuing attempt by (Allstate) to
improperly subvert, manipulate
and undermine the regulatory
process.”

If reinstated, the suspension
would apply to all types of insur-
ance sold by Allstate’s 10 insur-
ance companies doing business
in the state, but does not affect
existing policy owners.



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THE TRIBUNE




Bahamians

graduate
from CIPM
programme

ELEVEN Bahamian pro-
fessionals have graduated
from the Certified Interna-
tional Project Manager pro-
gramme, recognised in 140
countries and by more than
85 universities.

The CIPM programme was
presented by the Lignum
Institute of Technology
(LIT), in association with the
American Academy of Pro-
ject Management (AAPM).
tell

Lecturer on the pro-
gramme Dr Cornel Collins
said that the project man-
agement profession has
become the fastest growing
across many industries and

BAHAMI

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THURSDAY, JANUARY 24, 2008, PAGE 9

sr

LOCAL NEWS











JOB
OPPORTUNITY

X-ray and Cat Scan Equipment





The successful applicant should have the
necessary education and experience to
gain certification from the Bahamas Medical
Council.













Compensation will be commensurate with
the level of experience in a similar position.







vw

PICTURED FROM LEFT, (front row) are Mario Bastian, Ricardo Simmons, Kino Simmons, Kenva Cooper,

James McPhee and Anthony Johnson. In the back row, from left, are John Haughton, Theodore Nottage II,

Kevin Turnquest, Dr Collins and Timothy Munnings.

necessary talent and skills.
“It requires far more skills

and knowledge than just




Please submit a resume covering
educational, employment and sulary history
to
Corbett Medical Centre,

P.O. Box AB22116, Treasure Cay, Abaco
Bahamas or fax to 242-365-8287





”

managing a project,” he
said.

“Project managers must
possess the knowledge and
skills needed to be effective
in both the project and busi-
ness or government environ-
ment and to make decisions
that accomplish strategic
objectives.”

Skills

Dr Collins added that they
should have advanced skills
in finance, cross-cultural
awareness, leadership, com-
munication, team building,
influence, negotiation and
conflict resolution.

Corporations are seeking
project managers who are
certified, as sought after
skills are acquired through
quality training programmes,
he said.

“If companies don't know
why their projects are over
time, over budget and poor
quality then they should
have their project managers
enhance their skills, through
such programmes,” Dr
Collins said.

“Although there are sev-
eral reasons why projects
fail, the key reasons are a
lack of scope management,
budget and essential project
management skills.”

opportunities in the field are
“there for the taking,” if an
interested person has the






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THE TRIBUNE



ALUMNI ARE RECOGNISED FOR CONTRIBUTIONS TO

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munities, or our country,” said
the school in a statement.

“The achievements of
Queen’s College Hall of Fame
inductees will have reflected
honour on the school. Inductees
are persons whose personal
qualities reflect the values of
good character that Queen’s
College seeks to promote in its
students: respect, fairness, kind-
ness, cooperation, honesty,
dependability, responsibility,
good citizenship, caring and
self-discipline,” it said.

On January 11, 2008, coin-
ciding with the school’s 118th
Anniversary, the Queen’s Col-
lege family inducted two dis-
tinguished alumni into the Hall
of Fame: Sir Durward Knowles,
Class of 1934 and Captain
Geoffrey Brown, Class of 1944.

The ceremony was held in
the school’s auditorium with
students, board members and
invited guests in attendance.

Introducing the inductees to
the school body were Rev
Charles Sweeting, former prin-
cipal and first inductee into the
Queen’s College Hall of Fame,
and Roger Kelty, former vice-
principal and trustee of the

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The school said that
inductees are dedicated to
Queen’s College and its devel-
opment.

Sir Durward Knowles cur-
rently serves as the chairman
of the Queen’s College Foun-
dation, which spearheads
fundraising efforts for the
school.

The Queen’s College Foun-
dation is responsible for the
building of the new Early
Learning Centre as well as oth-
er campus improvement pro-
jects.

Mr Brown is a long-standing
member of the Queen’s Col-
lege Board of Governors,




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ALL SMILES: Pictured left to right: Mrs Kenris Carey, president of the
Bahamas Conference of the Methodist Church, Sir Durward Knowles.
Mr Geoffrey Brown, Miss Andrea Gibson, Principal Queen's College, Rev
Charles Sweeting, first inductee QC Hall of Fame.



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Sir Dutward Knowles, Captain
Geoffrey Brown inducted at
ceremony coinciding with
school’s 118th anniversary



HONOURED: Queen's College Hall of Fame 2008: Sir Durward Knowles,
Class of 1934 and Captain Geoffrey Brown, Class of 1944.

Board of Trustees and the
Queen’s College Foundation.

Students were particularly
grateful to Mr Brown for his
role in the building of the
school auditorium in the 1980s.

“The students of the school
experienced a special ceremo-
ny. learning about the accom-
plishments of two individuals
that were once students at
Queen’s College. Both Sir Dur-
ward and Mr Brown encour-
aged the students to stay true to
themselves, and to persevere
through life’s challenges with
honesty and integrity. The stu-
dents took home a message that
through hard work and self-dis-
cipline, success is achievable,”
said the statement.

Queen's College Hall of
Fame 2008 Inductees

CC epin Geoffrey
Brown was born in

Nassau on June 6, 1927 and
grew up in a large family along
the eastern shoreline of New
Providence.

He entered Queen’s College
on Charlotte Street in 1933 and
completed his schooling in
December 1944.

Shortly after leaving Queen’s
College, Geoffrey Brown fol-
lowed his interest in boating
and joined the crew of a mer-
chant ship that serviced the
Bahamas, Cuba, Haiti and
Florida.

Vibrant

Later, with his brother, he
owned and operated three fish-
ing charter boats.

In 1951, he was honoured by
the Major General of the US
Air Force for his heroic effort in
recovering bodies from sunken
wreckage off the coast of New
Providence.

In the 1960s, Captain Brown
turned trom the open waters to
set his sights on land and
launched his career as a real-
tor,

He and his partners went on
to develop many vibrant com-
munities for Bahamians,

‘Today, he continues to work
full time with his real estate
company, Brown, Morley and
Smith,

Captain Brown is dedicated
to serving his community, his
church and his school.

In his younger days, he was
involved with the Boy Scouts,
Serving as a scout master.

Along with Sir Durward
Knowles, Captain Brown start-
ed a Sea Scouts Troop.

He proudly served as band
leader for the scout drum and
bugle band.

Captain Brown is active in
the Bahamas Conference of the
Methodist Church, serving on
numerous church related
boards and committees.

At Queen's College, he is
one of the longest serving mem-
bers of the Board of Governors
and Board of ‘Trustees.

He also is a ‘Trustee of the
Queen's College Foundation.
THE TRIBUNE





THEIR COMMUNITIES,

THURSDAY, JANUARY 24, 2008, PAGE 11





LOCAL NEWS

PROFESSIONS AND SOCIETY

«



College honours its heroes

Captain Brown married Janet
Thompson in 1954. They have
two children, Angela and Geof-
trey, as well as three grandsons
and one granddaughter.

At the age of 80, Captain
Geoffrey Brown enjoys an
active and fulfilling life.

ir Durward Knowles

was born in Nassau to
the late Captain Harry and
Charlotte Knowles on Novem-
ber 2, 1917.

He began his educational
career at Queen’s College in
September 1928, completing his
studies in December 1934.

After graduating, he imme-
diately followed in his father’s
footsteps working on pilot
boats.

It is not a surprise that with
his passion for the waters, Sir
Durward took a keen interest in
sailing and excelled at every
level of this competitive sport.

In 1947, he won the World
Championships in sailing for
the Star Class.

Successful

In 1956, he went on to win
the Olympic Bronze Medal
along with Sloane Farrington, in
Melbourne, Australia.

He made Bahamian history
in 1964 when, along with Cecil
Cooke, he won the Olympic
Gold Medal in Tokyo.

Sir Durward continued com-
peting in Olympic sailing for a
record eight Olympic Games;
the last being Korea in 1988
when he was 70, making him
one of the oldest and most suc-
cessful living Olympians.

In 1964, Sir Durward was
awarded the Order of the
British Empire (OBE) at Govy-
ernment House by Her
Majesty, Queen Elizabeth II
and in, 1996, was knighted by
the Queen at Buckingham
Palace for his outstanding work
in the community and for his
Olympics achievements.

(Royal Palm Plaza, Town Centre Mall







“The
achievements
of Queen’s
College Hall of
Fame
inductees will
have reflected
honour on the
school.”



In 1997, Sir Durward was also
awarded the Bahamas Order of
Merit (BOM).

Sir Durward generously gives
ot his time, serving on many
community based committees.
He is chairman of the Queen’s
College Foundation, honorary
vice-president of Charity Guide
No.37, co-chairman of One
Bahamas, vice president of the
Bahamas Olympic Association,
member of Ebenezer Methodist
Church Board of Trustees,
president of the Bahamas Asso-
ciation for the Physically Dis-
abled, past president of the
Rotary Club of East Nassau,
and a member of the Bahamas
National Board for the Dis-
abled and Older Persons.

He, along with Bobby
Symonette, founded the
Bahamas Air Sea Rescue Asso-
ciation (BASRA).

He is also well known for his
charitable contributions to var-
ious organisations and regattas.

He is now formally retired
after serving 50 years as a har-
bour pilot, but still goes into
the office on a daily basis.

In 1947, Sir Durward married
Holly Shaw and they have three
children — Jill, Randy and Char-
lotte — and six grandchildren.

Last year, Sir Durward cele-

























brated his 60th wedding [| } fot AN RN i AAA : 4

anniversary as well as his 90 aire : SSS = -

Bena Pee ovscon TRIBUTE: Sir Durward Knowles accepts a gift from Mrs Kenris Carey, SCHOOL PRIDE: Mr Geoffrey Brown beams during the Queen’s College
; President of The Bahamas Conference of The Methodist Church. induction ceremony.

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THE TRIBUNE

PAGE 12, THURSDAY, JANUARY 24, 2008



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HOUSES

Lot #844, Golden Gates, N.P.

Single Family Residence

3 Bedrooms, 2 Bathrooms

Property Size: 6,000 sq. ft.

Building Size: 1,580 sq. ft.

Appraised Value: $162,000.00 / O.N.O.

From Carmichael Road and Mermaid Boulevard East (Golden
Gates Assembly Church), traveling south on Mermaid Blvd, go
around the bend, heading west again, and the subject property
is the 7th house on the right past the 7th corner on the right after
the curve.

Lot#462, Pinewood Gardens, N.P.
Single Family Residence
3-Bedrooms, 1-Bathroom
Property Size: 5,000 sq. ft
Building Size: 1,000 sq.ft
Appraised Value: $101,000.00

From the roundabout at Pinewood Boulevard, travel north to
Willow Tree Avenue; turn west onto Sapodilla Boulevard, the
subject is the eleventh property on left. The house is painted
white and trimmed mustard.

Lot#772, Golden Gates#2, N.P.

2 bedrooms, 1 Bathroom
Efficency 1 bedroom, 1 Bathroom
Property Size: 5,000 sq.ft
Building Size: 2,238 sq.ft
Appraised Value: $188,000.00

Travel west along Carmichael Road, turn left at Mermaid Blvd
(West of Golden Gates assembly near basketball court) travel
south to the end of that street and around the bend and the
subject is opposite the 2nd corner on your right (house #80).
The house is painted tan trimmed with brown.

Lot#384, Gleniston Gardens, N.P.
Single Family Residence

3 Bedrooms, 2 Bathrooms

Property Size: 10,875 sq.ft

Building Size: 2,028 sq.ft

Appraised Value: $258,000.00 0.N.O.

Travel east along prince Charles avenue and the subject property
is approximately 1,000 feet east of Jean street on the northern
side of Prince Charles Drive (house colour mustard with beige).

Lot#690, Pinewood Gardens, N.P.
Single Family Residence

3-Bedrooms, 2-Bathrooms

Property Size: 5,000 sq.ft

Building Size: 894 sq.ft

Appraised Value: $103,000.00 / 0.N.O.

Travel east on Charles W. Saunders Highway, turn right onto
Buttonwood (Cleveland Eneas primary School corner), travel
North to the sixth corner on left (Saffron Street), and the subject
property is the third house on left.

Lot#8, BIk#18, Seabreeze Estates#3, N.P.
Single Family Residence

4 Bedroom, 3 Bathroom

Property Size: 6,000 sq.ft

Building Size: 1,758 sq.ft

Appraised Value: $301,000.00 / 0.N.O.

Turn sauth on Sea Breeze Blvd. From Joe Farrington Road. Turn
through the first corner on the left-hand side, which is Sea Horse
Drive At the T-junction turn right and the property is the 7th
property on the left-hand side.

APARTMENTS/CONDOMINIUMS

Lot #178, Colony Village Subdivision, N.P.

Split level six unit Apartments

1-2 Bedrooms, 2-Bathrooms

1- 2 bedrooms, 1-Bathrooms / 1-Bedroom, 1-Bathroom
3-Efficiency Units

Property Size:9,300 sq.ft

Building Size:3,152 sa.ft

Appraised Value:$329,000.00/0.N.O

Enter Colony Village from Prince Charles Drive, heading south
Colony Village Road the property is the last building on the right
hand side before Malaysia Way the corner that leads into Elizabeth
Estates.

Lot #30 & 31, Block #56, Nassau Village
Duplex

Each Unit - 2 Bedrooms, 1 Bathrooms
Property Size: 6,620 sq. ft.

Building Size: 1,701 sq. ft.

Appraised Value: $177,000.00/0.N.0.

Catherine Ave, take the first right, travel to the end and go From
Taylor Street and Soldier Road (by Lowes Wholesale), turn left

at the cross roads, Alexandria Boulevard, take the second right,
Forbes Street, go left at the T-junction, Catherine Ave, take the
first right, travel to the end and go right at the T-junction and the
subject property is the seventh lot on right past the first corner
on the left.

Lot#157, Knotts Boulevard & Zachary Lane Sec.#2, FP.
Duplex Apartment

Each Unit - 3 Bedrooms, 2 Bathrooms

Property Size: 19,921 sq.ft

Building Size: 4,320 sq.ft

Appraised Value: $230,000.00/0.N.0.

Bahamia Terrace Freeport Grand Bahama

Unit #2, Lot #14, Danottage Estates, N.P.
Condominium ny
2-Bedrooms, 2-Bathrooms

Property Size: 8,883 sq.ft

Building Size:1,225 sq.ft

Appraised Value:$211,000.00/0.N.0.

From Bernard Road & Soldier Road, travel east on Bernard
Road, take the first right Thompson Street, go over the hill, take
the first left then the first right (from henceforth everything is
unpaved). The road bears left then right follow this road all the
way around and the subject property is the third property on the
right from the dead-end.

Lot#2, South Beach Subdivision, N.P.
Two Storey Townhouse

4 Bedrooms, 3 Bathrooms

Property Size: 6,000sq. ft

Building Size: 2,736 sq.ft

Appraised Value: $234,000.00/0.N.0.

The subject property is located 1 mile west of Blue Hill Road on
the southern side of Marshall Road approximately 200 yards
north of the southern shoreline directly opposite lamp pole
#65/50.

Lot#25, Section "C", Garden Hills, N.P.
Triplex Apartment

1-2 Bedrooms, 1-Bathroom

2- 1 Bedroom, 1- Bathroom

Property Size: 7,500 sq.ft

Building Size: 2,846 sq.ft

Appraised Value: $490,000.00/0.N.0.

From Global Tiles on East Street South, drive through the side
entrance and directly behind this structure and the subject
property is the split level structure immediately behind it.

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TWO VERY grateful
College of the Bahamas
students have become
recipients of a study award
donated by the Lodge of St
Michael number 1634 SC
(Scottish Constitution) in
honour of past master of
the lodge Ivan Hanna.

Mr Hanna was also the
organist at St Agnes Angli-
can Church for a number
of years.

The awardees, Lloyd

yy

PICTURED (L—R) ARE: George Burrows, secretary of the Lodge of St Michael number 1634; Cheryl Carey, director financial
College of the Bahamas; Lloyd Allen; Shon Pennerman; Rudy Gardiner; Allison Dean; Mitchell Thurston, past master of Lodge 1634.

tudy award for
two COB students

PROPERTIES LISTED FOR SALE

Allen, a communications
major, and Shon
Pennerman, a music major,
were identified as
having outstanding work
ethics.

Both said they were very
happy and felt that the
award in part recognised
their dedication and hard
work.

Mr Pennerman said he
feels that he is now “get-
ting somewhere” and Mr

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aid and housing,

Allen, a mature student
who took the leap of faith
and became a full-time stu-
dent in spite of financial
difficulties, feels that his
-tHorts and conscientious-
ness are now being appre-
ciated.

Members of the Lodge of
St Michael 1634 making the
presentation were Rudy
Gary Gardiner and
Mitchell Thurston, both ex-
employees of the college,
and George Burrows. sec-
retary of lodge.

Right Worshipful Master
of the Lodge of St Michael,
Brother Dave R Munroe,
sent his good wishes to the
two young men.

Aiso in attendance for
the presentation of the
cheques were Allison
Dean. granddaughter of Mr
Haina. and Cheryl Carey,
director of financial aid
aud Housing at the College
of the Bahamas.

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THURSDAY, JANUARY 24, 2008, PAGE 13







ence penne erent nes eeumeeenteanenrcni evant
“GE 14, THURSDAY, JANUARY 24, 2008

eer

FROM page one

(
we must leave here with,” he said.

\iy Christie also said that,
despite the fact that the PLP had
just lost their Pinewood con-
sutucney challenge, Now was not
the time tor the party to start to
feel sorry far itself,

“T have come to tell you that
~as strong as we were before
the case. and new we are stronger,
too. in our resolve to move on and
make things right.” he said.

Wweat

One aiaC lied

TUR ane



Christie staying

Mr Christie also referred to
people inside and outside of the
party questioning his ability to
lead the party.

“That's fine, That happens ina
democracy. We must allow for the
fact that people have a right to
question, that people have a right
to disagree. But we must not allow
the right to question and the right
to disagree to go to the root of



Tel: 326-3985

HUET



LOCAL NEWS

our party where it begins. See, that
doesn’t make sense,” Mr Christie
said.

He also cautioned supporters
that, while the PLP may have lost

FROM page one

Mr Woodside thanked his fami-
ly, legal team, members of the
Pinewood constituency and the
senior minister he serves under,
Carl Bethel, for their support dur-
ing the process, while also saving a
few special words for the leader of
his party. :

“What can I say, Mr Speaker, of
the man whom we.call our party
leader and our prime minister, the
right Honourable Hubert Alexan-
der Ingraham, who in my opinion,
and many others, is simply the
best,” he said.

“He never doubted for one
minute, and, Sir, I say to you, thank
you for the confidence which you
have reposed in me.”

The MP agaimcalled for unity in
his constituency after the highly
contested election court case, while
declaring his elation at withstanding
the efforts of Mrs Allyson May-
nard-Gibson to retain the seat.

“And so, Mr Speaker, we did it
on Election Day May 2, we did it
again on the recount, and now we

the challenge of the Pinewood
seat, the party was successful in
showing that the electoral regis-
tration system is riddled with irreg-
ularities that must be fixed,

Triumphant

have done it again,” said Mr Wood-
side.

“We did it under the scrutiny of
the court, under which the Bahami-
an people in Pinewood have pre-
vailed. Mr Speaker I say, let the
will of the people in Pinewood pre-
vail.”

Mr Woodside was declared the
winner of the Pinewood con-
stituency by 64 votes after the elec-
tion on May 2.

After a trial that lasted more
than three months, and a 12-hour
recount process last Monday, Mr
Woodside was reaffirmed as the
winner by 49 votes — a reduced
majority of 15 votes.

Mrs Maynard-Gibson has since
said that, though she is disappoint-
ed to have not won the seat in the
court challenge, she is pleased that
deficiencies in the registration and
voting systems were exposed.

Now, she said, we all as Bahami-
ans must unite to reform the sys-
tem.

FROM page one

lation passed by the last parliament.

The war of words began during
Mrs Butler-Turner’s response to
questions raised by Mrs Griffin. The
PLP MP asked several weeks ago
if the government intended to bring
the Domestic Violence (Protection
Orders) Act, 2007, and the Child
Protection Act, 2007, into force.

She also asked if the government
intended to proceed with the Draft
Persons with Disabilities (Equal
Opportunities) Bill.

Mrs Butler-Turner said “yes” to
all these questions. However,
instead of providing a detailed
explanation of when the govern-
ment specifically intended to bring
these Acts into force, she said they
will do so “on a date to be deter-
mined.” .

Mrs Butler-Turner charged that
the PLP government failed to draft
the regulations necessary to effec-
tively administer the Child Protec-
tion Act before she tabled a list of 12
bills passed by the last parliament
that were not brought into force by
the former PLP government.

They include: The Early Child-
hood Care Act, 2004; The Copy-
right (Amendment) Act, 2004; The
Insurance Act, 2005; The Child Pro-
tection Act, 2007; The National
Health Insurance Act, 2007; The

THE TRIBUNE





MPs clash

Pensions (Amendment) Act, 2007;
The Domestic Violence (Protection
Orders) Act, 2007; The Road Traf-
fic (Amendment) Act, 2007; The
Police Service Act, 2007; The
National Honours Act, 2007; The
National Heroes Act, 2007; and The
Economic Development Enterpris-
es Act, 2007.

Mrs Griffin argued that the Child
Protection Act does not require reg-
ulations before it is brought into

‘force by the government. Rather,

she said, there is discretion as to
what the minister can create regu-
lations for.

The ministry, continued Mrs
Griffin, “was working to bring that
Act into force.”

“Tt is now eight months into the
term. Certainly Mr Speaker, we
believe that is enough time, based
on the work that was left in place,
for that Act to have been brought in
place,” said Mrs Griffin.

The Yamacraw MP said the gov-
ernment can be “as flippant” it wish-
es in response to the opposition’s
questions, but it must be remem-
bered that the two pieces of legisla-
tion in question — the Child Protec-
tion and Domestic Violence Acts —
will impact heavily on the frequency
of crime in the country.

FROM page one

On Tuesday, Mr Ingraham
blamed Perry Christie for the faults
in the electoral system exposed in
the Pinewood election court case
and said there is no need for a com-
mission of inquiry into irregularities
highlighted in the election court’s
ruling in the Pinewood case.

All that is needed, Mr Ingraham
said, is a competent prime minister
who could do his job, “and do it in a
timely manner”.

Mr Ingraham charged that these
problems did not occur in 1992, 1997
or 2002, and “Mr Christie should be
ashamed of himself.”

“There’s nothing wrong with the
system,” said the prime minister.
“It’s a very good system. We just
had an incompetent prime minis-
ter.”

Christie rejects claims

To this, Mr Christie responded:
“But I also want to take this oppor-
tunity to address some belligerent
and improper remarks made by the
prime minister yesterday. He
addressed these remarks to me
about the electoral process. Let me
say that I reject them entirely. The
only one who ought to be ashamed is
the prime minister himself.

“He should be ashamed for yet
again demonstrating to the young
people of this country how not to
be behave. The country has had
enough of this tiresome, ugly and
nasty language and Hubert Ingra-
ham simply needs to act with the
dignity and maturity that Bahami-
ans expect of the person holding the
office of prime minister,” said Mr



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Christie.

Instead of levelling these types of
personal attacks, Mr Christie said
the prime minister should look to
correct some of the deficiencies
exposed in the case.

“Whenever a non-Bahamian can
buy a voter's card for $1,000 and
vote in a Bahamian general election,
whenever statements made by that
same non-Bahamian Manani Tay-
lor suggest that this was not an iso-
lated incident, it is a threat to our
birthright and clearly undermines
the way we govern ourselves,” said
Mr Christie.

“As Bahamians, we should all be
gravely concerned.”

Mr Christie suggested that an all-
party conference should now be
established as a means to produce
solutions to deficiencies in the reg-
istration and voting systems.

“We know, for example, that indi-
viduals were registered for the 2007
election who were not qualified to be
on the registration list, even to the
extent of registering non-citizens,”
said Mr Christie. “As Prime Minis-
ter, Mr Ingraham must say how he
intends to deal with that issue.”

Mr Christie further declared that
blame cannot and should not be
placed at his feet for voter fraud and
corruption in the last election.

FROM page one

while Errol Bethel is out of the
country on vacation — conceded
yesterday that human error may
have played a role in accepting
fraudulent identification documents
during the voters’ registration
process leading up to the May 2
election.

Senior Justice Anita Allen and
Justice Jon Isaacs, in their written
ruling in the Pinewood election
case, said the matter had exposed
“the most egregious failures in the
parliamentary registration system.”

The judges also found that the
parliamentary commissioner failed
in ensuring the integrity of the reg-
istration process in Pinewood.

Acting parliamentary commis-
sioner Mr Hall said yesterday that
he does not think the judges’ ruling
was too harsh in its wording.

“They have a job to do, but we
just have to clean house and are
going to try and bring our system in
line with the judges’ ruling,” he
said.

Mr Hall explained that the par-
liamentary registration department
will from now on be working very
closely with the Attorney General’s
Office and police in an effort to
avoid a situation similar to that of
the Pinewood case in future.

Except for valid passports, birth
certificates and photo ID from a
known and established business in
the Bahamas, the parliamentary
registration department will from
now on not be accepting any other

“Perry Christie and the PLP were
not there when Manani Taylor says
he paid $1,000 for a voter's card.
Perry Christie and the PLP were not
there when people were allowed to
register to vote who were not quali-
fied to be so registered. As prime
minister, Mr Ingraham cannot flip-
pantly dismiss these issues and the
issues raised by the justices, where
they state:

‘Perhaps the time is appropriate
for the Parliamentary Commissioner
to comprehensively examine the prac-
tices and procedures of the Parlia-
mentary Registration Department
with a view to ensuring that what we
saw in Pinewood does not reoccur...’

“This is a matter which should not
be dealt with lightly, but as a serious
issue that needs to be addressed by
all parties in the best interest of the
Bahamian people and our democ-
racy,” said Mr Christie.

The country is in serious need of
leadership, argued the opposition
leader, who then challenged the
prime minister. 3

“While Bimini is burning and
schoolboys get murdered - shot to
death - in broad daylight on Bay
Street, Hubert Ingraham is wasting
time on political rallies, talking about
counting, counting and more count-
ing,”



Parliamentary
documents of identification, he said.

All other documents, especially
affidavits, will be sent directly to
the Attorney General’s Office for
verification.

“Human errors were made by
our staff, but they were not made
deliberately. We made on-the-spot
judgments (about the veracity of
documents). We made them in
good faith,” he said. ;

However, Mr Hall said that such
on-the-spot judgments will no
longer be made at his department.

“The Attorney General’s Office
is going to get involved, the lawyers
are going to be asked to advise us
and when it comes to training we’re
going to bring the police to help
train our people in what to look
for in fraudulent documents.

“We are now going look at the
system, We are now going to tighten
up the way we do things,” he said.

Addressing the person of Parlia-
mentary Commissioner Errol
Bethel, Mr Hall said of his superior:

“T’ve worked with Mr Bethel for
the last ten years and I believe that
he is a capable experienced public
officer and he loves this country as
much as I do and he would not do
anything to harm the integrity of
our registration system. He did his
best as did all of our staff mem-
bers. We love this country, we want
to see the best for it, we don’t want
anybody tearing down our nation.”

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The general public is advised that
the mid-day Prayer Meeting for
BETHESDA FAITH MINISTRIES
has now been relocated to the
West wing of the Bahamas Faith
Ministries Int’! Carmichael Road.
Service time for mid-day prayer
12 noon - 2p.m.

For further info please contact:

392-3278

St Agnes Anglican Church in
Orange Creek, Cat Island
received much needed help last
weekend from some friends in
the capital.

The Anglican Church Men
(ACM) singing group the “Sons
ot Thunder” which was formed
in September of 2005S, arrived
on Cat Island on Friday, Janu-
ary 18 under the directorship of
Herbert Scott.

They were accompanied by
10 other men from various
ACM groups in Nassau.

Once on the island, the group
rolled up their sleeves and
began to work.

All day Friday and Saturday
the workmen laboured in the
hot sun.

Then on Sunday morning
members of Holy Cross in
Dumfries and St Andrew's in
Arthur’s ‘Town were enchant-
ed by the melodious voices of
the renowned “Sons of ‘Thun-
derâ„¢ choir.

Fr Burton, priest in charge of
St Agnes, said he was impressed
by the work the men completed
during the course of the week-
end.

Many other churches in Cat
Island said they could use the
same kind assistance.

The clergy, vestry and peo-
ple of St Saviour’s Parish extend
sincere thanks to Fr Shazzas-
bazzar Turnquest, former musi-
cal director now assigned to St
Margaret's, Nicholls Town,
Andros for initiating this con-
voy,” said the church in a state-
ment.

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THE TRIBUNE





ACM singing group roll up their
sleeves for weekend renovation





LABOUR OF LOVE: Members of the Anglican Church Men singing group the “Sons of Thunder” (above and below),
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THE TRIBUNE

FROM page one

he vehemently rejected claims of
victimisation, stressing the force’s
transparency and openness.

“I am satisfied there is trans-
parency and the system allows for
everyone to complain,” he said,
with officers having the right to
report to the ministry if they felt it
necessary.

On the issue of wardroom
funds, Commodore Scavella said
he conferred with his subordinates
and there were “no reports of any
money being misused from the
wardroom funds”.

Commodore Scavella has been
accused by some officers of being
“dictatorial” and invoking court
martial procedures more than any
of his predecessors in his bid to
impose discipline on the force.

But he explained that the force
was in transition to ensure it was
run as a military organisation.
Therefore every officer must
adhere to military guidelines.

“The Defence Force is in tran-
sition and is going back to basics.
We're ensuring the force is run as
a military and we’re in the process
of diversifying the force.

“One of our (past) criticisms is
that enlisted persons were always
disciplined and commissioned offi-
cers were not. We have said that
commissioned officers will now be
disciplined. I suppose that is a dif-
ficulty that some of the old officers
who breach (rules) must (face).”

An inside source appealed to
The Tribune for the Minister of

National Security, Tommy Turn-.

quest, to intervene in this “fiasco”
or else the force would incur some
“serious problems”. It was claimed
that'Commodore Scavella inter-
fered with the court. martial
process and used favoured junior
officers in senior positions, alien-
ating many senior officers in the
process.

When contacted for comment
yesterday, Minister Turnquest said
he had close oversight on the
RBDF.

“I meet with the commodore
on a regular basis and I am updat-
ed constantly. We are very familiar
with what’s going on at the
Defence Force and we know that
there are some personality clashes
down there.

“However, we had a senior offi-
cers retreat two Fridays ago and I
thought that Commodore Scavel-
la made an excellent speech. I
thought he reached out to those
persons who were in the running
for his job and were not chosen,”
the minister said.

Mr Turnquest said he was
aware of Commodore Scavella’s

Sart

Defence Force

quest to instill discipline through-
out the force, and that there
was “nothing untoward” in the
RBDF’s internal court proceed-
ings.

He would not comment specil-
ically on any pending cases, only
re-stated that he “is very aware of
what is going on at the base.”

When asked about the dispute
over $3,000 in wardroom funds,
Mr Turnquest replied: “That story
is not true.”

When Commodore Scavella
succeeded Commodore Davey
Rolle a year ago, his appointment
was welcomed by the officer corps,

who felt the force was in need of

new impetus and direction.

He arrived with a reputation as
a disciplinary “hardman” after the
force had been embroiled in a
number of scandals and mishaps
over several years.

After welcoming his early
efforts to establish the force on a
new foundation, some officers now
feel Commodore Scavella is
undermining morale by using the
force’s own court procedures to
reinforce his alleged “dictatorial”
attitudes.

One issue to spark concern was

SSeS

the alleged court martial of a Mus-
lim officer for insubordination

after he refused to join in Christian
prayers during parade. Another
was the alleged “banishment” of
another Muslim officer to the
Inagua base, which colleagues
claim is an inappropriate posting,
for someone of his rank.

“The military has rules and reg-
ulations and they are to be con-
formed by all officers - Christian,
Muslim, all religions must obey.
There is nothing in terms of vic-
timisation. That does not exist.
There is complete openness and
the minister is completely
involved,” rebutted the Com-
modore.

Critics claim that $3,000 from
wardroom funds was wrongly
spent on another function, leav-
ing only $500 in the kitty.

Lt Commander Kline, acting
senior counsel at the Attorney
General’s Office, weighed in on
the issue yesterday. He could not
comment specifically on the com-
plaints, but said:

“One of the difficulties I know
officers have had is, because of
the military nature of the organi-

‘sation, it is sometimes difficult for

them to complain.

“There is a need for greater
transparency and for the Ministry
of National Security to exercise

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greater control over the adminis- :

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THURSDAY, JANUARY 24, 2008, PAGE 17
nnn nn

Man appears in court

FROM page one

is charged with abetting the mur-
der of Yovelle Thompson, to
which he to was not required to

i plead. That matter was also been

ede os : adjourned to March 3.
In his opinion, many officers at;
the base were “behind God’s : ney Koed Smith, representing

back” without proper access to the ? Jamaal Goodman Smith, rose to
redress system and were reluc- : ..4 whether there wae any

tank te come: tocward wih Conic: authority that would allow the

Laat year a rétired Muslim off i matter to be stood down so that
cer filed suit against the force : police could conduct a proper
claiming his constitutional rights | vestigation.
were violated because he was not ;

allowed to “fall out” of a Christian ; the virtual complainant in his

: client’s case had not yet been

Before the arraignment, attor-

Mr Smith told the court that

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interviewed by police.

He also pointed out that wit-
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were his client’s own family mem-
bers, who could not help their
case.

Inspector Althea Porter, pros-
ecuting, said it was her assump-
tion that, when a file reached her
desk, police had done the proper
investigation.

Chief Magistrate Gomez, not-
ing Mr Smith’s concerns, said the
court’s hands were “tied.”

He said once an accused per-
son was brought before the
courts they had to be arraigned.
Both accused were remanded to
prison without bail.

Bishop V. G. Clarke



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PAGE 18, THURSDAY, JANUARY 24, 2008

THE TRIBUNE

ie ee aS ee

gg ee
“This is now the time for healing and for moving forward. Let us work together but not just to make

Pinewood a great constituency but to make the Commonwealth of the Bahamas all that it can be.”





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Byran Woodside

Pinewood MP vows to
continue people’s work

i BY CLUNIS DEVANEY

PINEWOOD MP Byran
Woodside said yesterday that
with the Election Court chal-
lenge for the Pinewood seat suc-
cessfully behind him, he can
now move ahead with making
his contribution to the country
he loves so much.

The court’s ruling declaring
Mr Woodside the winner and
duly elected member of parlia-
ment for the Pinewood con-
stituency was formally commu-
nicated to parliament by House
Speaker Alvin Smith, who read
into the record a letter to that
effect signed by Senior Justice
Anita Allen and Justice Jon
Isaacs.

Addressing the House on his
victory, Mr Woodside said, “I
commit myself to do the job to
which the prime minister has
appointed me to do: to engage
our young people in employ-
ment so that they can find jobs
so that they can be all that they
desire to be.”

The Pinewood MP, who was
appointed Minister of State for
Youth and Sports, said he will
also encourage young people to
be enterprising Bahamians
through entrepreneurialism,
and encourage them to seek
empowerment so that they can
use all the talents.

Mr Woodside thanked Prime
Minister Hubert Ingraham,
Education, Youth, Sports and
Culture Minister Carl Bethel,
his immediate family and the





TIME FOR HEALING: Byran Woodside after the election court ruling which declared hi
the winner in the Pinewood constituency by 49 votes.

people of Pinewood for their
confidence and support during
the four-month-long Election
Court process.

“While I am very pleased
with the end results, | am aware
that the process could have end-
ed in a different way, and so |
say to God be the glory, for He
continues to work out His pur-
pose in my life,” he said.

“We have a lot to do as we
continue to build our country,
The Bahamas,” Mr Woodside
stated. “With this behind me, I
can now move ahead with con-
tributing and making my con-
tribution to this country I love
so greatly.

“This is now the time for
healing and for moving forward.
Let us work together but not

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just to make Pinewood a great
constituency but to make the
Commonwealth of the
Bahamas all that it can be.”

Mr Woodside said he did not
enter politics for money, pres-
tige or power. “I entered politics
because I’ve been convicted
that when good men stand idly
on the wayside, evil men run
things by default.”

He added that he entered
politics because “I wanted to
be of service to my country.”

The Pinewood MP paid spe-
cial tribute to Pinewood resi-
dent Jenny Cartwright, now
deceased, whom he said
believed in him.

“Each of us has a duty: we
have a duty to our family, we
have a duty to our country, we
have a duty to the God we
serve, if we believe in one,” said
Mr Woodside.

“But we have a duty as well
to our nation. I believe my duty
is to do my part in any little way
that I can to help to make this
little nation the best nation it

“can be in this western hemi-

sphere.

“And so, we did it on Elec-
tion Day, May 2, 2007; we did it
again on the recount and now
we have done it again. We did it
under the scrutiny of the court,
under which the will of the
Bahamian people in Pinewood
has prevailed.”

He added: “It is my desire to
see the young people of this
nation rise above the scourge
of crime, rise above teenage
pregnancy, rise above illiteracy
and be all that they can be and
fulfill God’s promises for their
lives.”

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photo. Amero, from California, was sentenced on Tuesday, Jan. 22,
2008 to 30 years in prison without parole for killing two people in
hotel bombings in Bolivia’s capital in 2006.

B LA PAZ, Bolivia

e

A California man who adopted the name of a fictional vampire
has been sentenced to 30 years in prison without parole for killing
two people in hotel bombings, the government news agency and an
attorney who attended the sentencing said yesterday, according to
the Associted Press.

Triston Jay Amero, 26, was convicted Tuesday of killing two peo-
ple by setting off dynamite in two low-rent hotels in the Bolivian
capital in 2006, according to the state’s ABI news agency and
Javier Albarracin, an attorney for the victims and owner of one of
the bombed hotels. Also convicted was Amero’s former girlfriend,
Alda Ribeiro Costa, 47, of Uruguay.

Amero has legally changed his name to Lestat Claudius de
Orleans y Montevideo, said Paul Wolf, a Washington, D.C.-based
lawyer monitoring the case on behalf of Amero’s family. The
name is derived from a character in Anne Rice’s vampire novels.

The Placerville man, in and out of psychiatric hospitals and
juvenile prisons since he was 7 years old, has frequently threatened
suicide and violence against authorities, according to court docu-
ments in the United States.

The case even intruded into U.S.-Bolivian relations.

“This American was putting bombs in hotels,” President Evo
Morales said shortly after Amero was arrested. “The U.S. gov-
ernment fights terrorism, and they send us terrorists.”

That prompted protests and denials from U.S. officials, and
Wolf suggested Morales’ comments tainted the trial: “You have the
president of the country saying this guy is guilty. That’s not fair.”

Wolf said that Amero’s mother, Donna Scheda, declined to
comment on the verdict. In his travels through South America
before the bombings, Amero had described himself as a Saudi
Arabian lawyer, a pagan high priest, a notary public and even a
vampire. Amero’was convicted of bombing an automatic cash
machine in northern Argentina before he arrived in Bolivia, where
he obtained a legal license to sell dynamite.
~ Prison officials last year said Amero tried to attack his own
attorney with a kitchen knife. A search of his cell turned up a bot-
tle of gasoline and Amero confessed that he planned to “set fire to
the prison superintendent and the United States diplomat who
visits him every now and then,” prison security director Edgar
Andrade told reporters.



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THURSDAY, JANUARY 24, 2008, PAGE 19

INTERNATIONAL NEWS
WADE TO GO: NATIONAL FLOOD EMERGENCY IN BOLIVIA

cabot AEA it 2

ONE, il

AP Photo

SWAMPED: People wade through a flooded street in Puerto Villaroel, Bolivia, yesterday. Bolivia’s government declared a national emergency
Tuesday due to flooding that has killed 20 people nationwide in the last three months

Bi ro













































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PAGE 20, THURSDAY, JANUARY 24, 2008

THE TRIBUNE



From left: Rose Bethel, mané ger, Personal Financial Services, RBC Andros Branch; Joyce Coleby- Riviere, area manager, Family Islands
and winner Genevie Tiny Johnson of Fresh Creek Andros.

abraCARDabra...
Behold the

RBC Royal Bank of Canada is pleased to announce that Genevie
Tiny Johnson (pictured above, right) of Fresh Creek Andros is
the winner of the RBC abraCARDabra “Magic Minute” contest
held during October-November 2007. During her “Magic
Minute”on December 19th, Genevie was able to make as many
$500 withdrawals as her skill and speed allowed — up to $1,500!

On hand to witness the official drawing
of the winning entry were (pictured from
left) K. Tex Pinder, manager, Customer
Service and Operations, New Providence
& Grand Bahama, RBC; Ricardo
ces | Ingraham, senior auditor, Deloitte &
Touche and Fanchon Braynen, senior manager, Customer
Service, Operations & Human Resources, RBC FINCO.



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Kenya protesters burn

building as Annan tries
to resolve poll dispute

r
i

ssi

snouatl



Karel Prinsioo/AP Photo

A KENYAN opposition supporter runs el blazing cars, on Wednesday 2008, Nairobi, Kenya. Dozens of pro-
testers set fire to an office building Wednesday after police fired tear gas at youths throwing rocks outside
a memorial service, which was held in honour of victims of the country’ s election violence.

@ NAIROBI, Kenya

Protesters set fire to a gov-
ernment office building
Wednesday, forcing workers to
climb out windows as former
U.N. chief Kofi Annan tried to
resolve the dispute over
Kenya’s presidential election,
according to the Associated
Press.

The melee started after police
fired tear gas at stone-throwing
youths during a memorial ser-
vice organized by the opposi-
tion to honor those killed since
the Dec. 27. election.

President Mwai Kibaki won a
second five-year term, but the
opposition and internationg]
observers say the vote tally was
rigged. Some 685 people have
been killed in riots and ethnic
fighting.

During the memorial service,
opposition leader Raila Odin-
ga said Kenya’s 40-plus tribes

« should not be at war with one
another.

“This is a war between the
people of Kenya and a very



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small bloodthirsty clique cling-
ing to power,” Odinga told
about 800 supporters in a sports
ground. Just outside, young
men were stopping cars, beating
people and taunting police.

‘ Police initially held their fire

but eventually responded with
tear gas, some of which landed
inside the sports ground and
forced the mourne:: to flee.
About 50 young mer: then set
upon the government-owned
telecommunications building,
smashing windows and starting
fires.

“We don’t know what hap-
pened,” Mary Bwire, a secre-
tary at the office, told The Asso-
ciated Press. “Suddenly there
were stones everywhere. We all
hid under tables.”

She and several other work-
ers crawled out ground-floor
windows to safety.

Under pressure from Annan,
Kenya’s opposition later called
off plans for a day of protests
Thursday, a small victory on the
former U.N. secretary-general’s
first day of mediation. Police

Caribbean Gold
Parboiled Rice

have banned all demonstrations,
and at least 24 people died in
three days of protests last week.
Most of the deaths were blamed
on police. “On the request of
the mediation team we have
called off the activities we had.
planned for tomorrow,” said
William Ruto, a leading oppo-
sition figure.

In Limuru, about 15 miles
outside Nairobi, police fired at
men with machetes who
blocked the road and demand-
ed to know people’s ethnicity,
Nancy Chumba, a witness, said
by telephone. Two people were
fatally shot, according to a
police official who spoke on
condition of anonymity because
he was not authorized to talk
to the media. Another two peo-
ple were found dead in Naire=
bi’s slums, police said.

Annan is the latest interna-
tional figure to try to intervene
in the standoff. The chairman
of the African Union, Ghanian
President John Kufuor, failed
to persuade Kibaki and Odinga
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TRIBUNE



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>DAY, JANUARY



‘Bribes’ only way to ‘achieve
business goals within time’

@ By NEIL HARTNELL
Tribune Business Editor

aying ‘bribes’ to facilitate
planning applications and per-
mit approvals to the Ministry
of Works is the only way
many Bahamian businessmen
fee) they can “achieve business objectives
in a timely manner”, a draft of a report set

_ to be presented to Prime Minister Hubert

Ingraham has revealed.

The report, compiled by the Chamber of

Commerce from feedback received from
its members and businessmen in round-
table sessions, found the private sector
had numerous concerns with the planning
process, recommending that the Town
Planning Act be reformed and the

‘approval in principle’ be clearly defined.

The Chamber report said: “The well-
documented and often-discussed bottle-
necks within the Ministry of Works have

invariably led to the public’s perception of

enhanced power in the hands of a few piv-
otal public servants, matched with a great
susceptibility to corruption or, at a mini-
mum, openness to inducements.

“While participants in the Roundtable
did not acknowledge personal involve-
ment in offering inducement to a person,
they all believed that paying someone to
move a project forward was the only real-
istic way of achieving business objectives in
a timely manner.”

The Chamber report backs up the find-
ings of the audit and assessment conduct-
ed last year on the Ministry of Works by



‘Incentives end would
add 30-40% tc wesort

UK-based Crown Agents. The report not-
ed that there had been complaints of
“questionable behaviour”, with allega-
tions that payment was being sought for
issuing licences, permits and approvals.

Perceived or real, concerns about busi-
nessmen and investors being solicited for
bribes and kickbacks to facilitate plan-
ning and permit applications have the abil-
ity to do great damage, not just to the
Ministry of Works and the Government,
but the whole planning process, private
sector and the economy.

Meanwhile, the Chamber report said
there was a need for “greater clarity” in
relation to what an ‘approval in principle’

See BRIBES, page 12B

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Customs woes
harm business
efficiency, costs

m@ By NEIL HARTNELL
Tribune Business Editor’

THE cost of goods for
Bahamian consumers is being
increased by the Customs
Department’s failure to con-
sistently reimburse the ship-
ping companies for the costs
they incur when imports into
this nation are confiscated,
shippers and Bahamian busi-
nesses have charged.

A draft Bahamas Chamber
of Commerce report on the
feedback obtained from the
business community on ineffi-
ciencies in the public sector

Bahamas may face 9-10 per cent
increase in cost of imports

that increase the cost of doing
business, a copy of which has
been obtained by The Tribune.
revealed that businesses and
shipping companies were
“perennially not receiving pay-
ments due to them” from Cus-
toms when confiscated goods
were auctioned.

When Bahamian residents
and companies did not pay the
required import and stamp
duties on their imported goods,
these products were confiscat-
ed and delivered to the Cus-

See CUSTOMS, SB














































ro s e ct CO sts el ati ee SEE Chamber chief says major
ribune Business itor * .
p J Se food store chain told him
THE cost of goods imported that if Florida’s 6.5 per cent
@ By NEIL HARTNELL enjoyed on their investment from Florida to the Bahamas .
Tribune Business was lower than the yield they could increase by 9-10 per cent, Te sales = eremipuon
Editor could achieve in rival desti- increasing prices for consumers repealed, its costs will
ee nations. and raising inflation and the rise $3m and $25m in
MANY Bahamas-based To compensate them for cost of living, due to a “brew- 83 $25 rae
resort investments would not — this, the Bahamas had to ing storm” in the Sunshine purchases from Miami
have taken place if the incen- offer a range of tax breaks State, the Chamber of Com- switched elsewhere

merce’s president warned yes-
terday.

With Florida’s Tax and Bud-
get Reform Commission
mulling whether to place a
repeal of the 6 per cent export
sales tax exemption on the vot-

and investment incentives
that compensated for this,
and ensured investors
obtained their desired return.

“The cost of doing busi-
ness in the Bahamas is
exceedingly high,” Mr Comi-
to told The Tribune.

“If the incentives did not
exist, it would not allow
many of the tourism invest-
ments to come to the front

tives and tax breaks they
enjoyed had not been avail-
able to them, a senior hotel
executive told The Tribune
yesterday, as without these
another 30-40 per cent would
have been added to their
costs.

Responding to the Inter-
national Monetary Fund’s
(IMF) assertion that the
existing level of investment

er ballot scheduled for Novem-
ber 2008, Dionisio D’Aguilar





SEE page 8B

incentives were “overly gen- — end.” j
erous”, Frank Comito, the He added: “The whole
Bahamas Hotel Associa- idea behind investment

incentives is to get ongoing
revenues to sustain employ-
ment, government tax rev-
enues and spin-off entrepre-
neurial opportunities.
“Atlantis is a perfect
example of what spin-off
opportunities from these
investments can be. I suspect

tion’s (BHA) executive vice-
president, said he felt many
existing or potential investors
in the Bahamas would dis-
agree with that notion.

This was because relative-
ly high costs of doing busi-
ness in the Bahamas, cou-
pled with structural chal-
lenges such as poor worker
productivity, meant that the
| rate of return that developers



SEE page 4B







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PAGE 2B, THURSDAY, JANUARY 24, 2008

THE TRIBUNE



Ta en er

tive vice-president



Ministry of Tourism
is ‘not surprised’
at hotels’ losses

@ By CARA BRENNEN-
BETHEL
Tribune Business

Reporter

THE Ministry of Tourism’s
director-general yesterday told
Tribune Business that it was
“not surprising” that 60 per
cent of Bahamian hotels sus-
tained a net loss in 2007, given



the numerous challenges the
industry faced last year.

Vernice Walkine said the
Bahamas had to confront a
softening United States econ-
omy, combined with spiralling
energy costs and the effects of
the Western Hemisphere Tray-
el Initiative (WHTI), which
also impacted tourism through-
out the Caribbean.

The director-general,
responding to the findings of a
- Bahamas Hotel Association
(BHA) survey, said the
biggest challenge for 2008 was
the extremely high operating
costs faced by Bahamian
hotels.

She added that even though
in many cases hotel room rates
went up, the resorts were not
meeting their target yields,
which was why revenues were
down.

“Currently, this country has
one of the highest costs in the
region, and we have to find a
way to cause the hotel sector to
operate at lower costs,” Ms
Walkine said.

She said, though, that finding
the balance between operat-
ing costs such as electricity,
water and gas would be diffi-
cult to achieve.

From the Ministry of Touris-
m’s perspective, Ms Walkine
said they were not alarmed by
the hotels’ performance, which
“does not come as a total sur-
prise”.

The ministry was proactive-
ly targeting gtravel markets
outside the United States, in
countries such as Canada and
Europe, to counter any nega-
tive impact that may arise as
a result of the economic strains
the US may experience this
year.

The director-general also
expressed confidence that the

TOURISM’S dirk

Government would resolve the
issues relating to the overtime
fees that the airlines have to
pay to the Customs and Immi-
gration Departments to clear
after-hour flights.

Ms Walkine said carriers
such as American Eagle are
being penalsed for this, as they
answer the demand for flight
frequency.

“The Government is aware
of this, and I am satisfied that
they will do all that they can to
resolve the matter.

Currently, airlines with
flights landing at Lynden Pin-
dling International Airport
(LPIA) in the evening after
normal working hours are
required to cover the overtime
costs that Customs and Immi-
gration incur in deploying per-



APRA eee ELL CNIS

sonnel to deal with these
arrivals.

This has discouraged carri-
ers, such as American Eagle
and Continental Connection,
from flying into Nassau during
the evening hours.

said
both airlines had indicated that
servicing New Providence with
evening flights would be “eco-
nomically to their advantage”,
and the tourism industry was
“certain” they would come if
not faced with having to pay
$2.5 million per annum in over-
time costs.°
Mr Comito said such a
development, if it happened,
would result in a “net revenue
gain” for both the Government
and the hotel industry.

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THE TRIBUNE

THURSDAY, JANUARY 24, 2008, PAGE 3B





Winterbotham boosts the
Bahamas ‘show of strength’

@ By NEIL HARTNELL
Tribune Business Editor

THE Winterbotham Trust
Company has become the sec-
ond Bahamas-based financial
services provider to obtain an
honour in Euromoney’s 2008
private banking awards, gen-
erating what its chief execu-
tive described as “show of
strength” by this nation’s finan-
cial industry.

Alan Davidson said Winter-
botham’s award for ‘Best Off-
shore Services - Caribbean’,
which it won alongside KPMG,
together with Butterfield’s
Best Local Private Bank in the
Caribbean honour, proves the
Bahamas has “very good ser-
vices providers” who can com-
pete with any global institu-
tion.

“I think it speaks for itself,”
Mr Davidson told The Tri-
bune. “These things aren’t easy
to get. Euromoney has to do

their homework, and overall
it’s great for the Bahamas.

“Certainly, for the institu-
tions to have these awards -
and there may be others - it
goes to show we’re very good
service providers overall. It’s
great for the island. It’s a show
of strength. I can’t imagine any
other Caribbean island getting
more than one award.”

Mr Davidson said Winter-
botham, which was founded 16
years ago as a Bahamian-based
bank and financial services
provider, was “very proud” to
have won the Euromoney
award.

He added that the awards
were usually given to larger
players, rather than niche
financial services providers
such as his own business.

The Winterbotham chief
executive said he believed the
company’s responsiveness to
client requests, turnaround
time and service quality were

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the decisive factors in it win-
ning the award.

“T think it was the timely
response we give to people,”
he added. “We're very quick
at providing results. It’s the
dedication of our people in the
Bahamas, and we’re always
looking to provide solutions
very quickly.’

“We know we're good at
some things, but 1 think it’s
basically because of service.”

Winterbotham’s Nassau
office employs 24, while anoth-
er 30 staff are based in
Uruguay.

While most Bahamas-based
financial institutions are
focused on private wealth man-
agement as their core business,
Winterbotham has carved out
its own separate niche in fund
administration; corporate ser-
vices, where it handles compa-
ny administration and incor-
poration; a trust business: and
a banking business, where it
deals with receipts and pay-

rolls on behalf of clients.

Having adjusted “very.

quickly” to the Central bank’s
decision several years ago to
phase out managed banks, Mr
Davidson told The Tribune:
“We have a very strong niche.

“We are a service and solu-
tions provider for corporate
clients and institutions. Here
is mostly wealth management,

but we’re not in wealth man-

agement. From that, we’ve
built up a very strong reputa-
tion in Latin America among
financial institutions and asset
managers.”

As a fund administrator,
Winterbotham administers
funds that have some $8 bil-
lion in assets under manage-
ment, calculating daily net
asset values (NAVs), register-
ing funds with the Securities
Commission, licensing them
and taking care of the corpo-
rate structure.

With staff members able to
speak fluent Portuguese and

When it comes to diagnosing and

Spanish, Winterbotham’s
clients are concentrated main-
ly in Europe and Latin Amer-
ica. Clients, especially from
Brazil, are looking to increas-
ingly structure transactions and
investment structures through
jurisdictions such as the
Bahamas.

“We’re just going to carry
on doing what we do and what
we do best,” Mr Davidson said.
“We’ve just hired a guy for
corporate finance, which would
again be for very specialist
deals involving mergers and
acquisitions, initial public offer-
ings.

“T was talking some time ago
to the IDB, and they were
quite surprised at the number
of effective deals we have here
or are in the pipeline.”

Euromoney Awards for
Excellence are globally recog-
nised benchmarks in the bank-
ing industry. The winners are
chosen by a panel of
Euromoney editors, with assis-



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FROM page 4B

ny thade investments ‘would not

have come on stream if they

had to add 30-40 per cent on to
‘the cost of their investment in




BUSINESS

Trade Liberalisation’s 2003
report found that operating
profits achieved by Nassau
hotels were 59 per cent and 7/4
per cent lower than their coun
terparts in the Caribbean and

IBUNE i

steam



unt of hotel
| by the

hat the
NCESSIONS #
rous.” the?

4



: the US. al tall notediG
the Bahamas. They [investors] Utility and mechanical costs I mplicitlyt4
4 have to service that investment for the Nassau hotel were 36 r domestt-
‘with debt servicing.” per cent and 114 per cenit igh ds and ser-14
The cost of doing business er than for its Caribbean and in tics agreed, 18
_in the Bahamas, and the drag it~ US counterparts respects cly. | the statuto- 4
imposes on hotel: industry sus- The report identified as “a ch Nplons and +4
‘tainability and profitability, is major culprit” the oS elee ited under 34
nothing new and has been an tricity costs in the Bahamas. cement
ongoing issue with regard.to where hotels would typically i: lation.
the industry’s competitiveness pay BEC $0. 16- $0. 18 per hilo Cl) molm thei Mi
for many. yéars.: ‘Yet nothing watt per hour, which was twice tal i hh promoters, *
as beén done about it. the level for businesses in on limit the scope
The ‘Tourism ‘asktoree on countries such as Ireland, the Ww nts lo pure"!
UK, Germany, the US aid som luding the
Spain. Wor ther real
And addressing the recent thre lopments that
For the stories , Bahamas Business Outlook Liv euliv covered
; Conference, Christophe ns law.”
behind the news, ne partner nol rhiment was «
p for the $1.4 billion Albany olin is of Agree-
read Ua ifoLins development, said investors an iment deals st
roy a) Mondays in the Bahamas were faced cen istic admin-
with costs that are $0.70) wer thev:com- 16
higher on every $1. OU) iv. the IMFir
“The encouragements in las | petition for Li
the Hotel Encouragement — era) ivestment in da
Act partially offset those in) I “not per- ie
things, but we have areal | reduction ing
tax in doing business here.) teal | icessions Lown
he said. pen ‘ x
ARE NOW
ONLINE!!! LEGAL Ni
NOTIC! AO)
your fooma An rent Sate Bahamas International Busin ”
(No.45 of 20 end more
{assau OF
In Voluntary Liquids newhére



Notice is hereby given in accordance Ww! sree tui
Bahamas International Business (0
WELLER MANAGEMENT LEI)
CAN MANAGEMENT SERVICES

Liquidator and can be contacted at lai ech ¢
PO. Box N-10429, Nassau, Bahanias |
against the above-named compan

addresses and particulars of thei)

before 20th December, 2007 Sabpart

SS}

For Information on Be
Weather, Family
Visas’ & much, muc
us today!
#57 Collins Avenue.
Tel: 328-0264 / 328
info@premiertra el

PANAMERICAN MANAGEMENT = 33 2
SERVICES (BAHAMAS) LTD
Liquidator es



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Saturday, _ 26th - Saturday, February 2nd
Store Hours: Monday - Saturday 9:00am - 5:30pm




THE TRIBUNE

THURSDAY, JANUARY 24, 2008, PAGE 5B



CUSTOMS, from 1

toms Warehouse.

The Chamber report said:
“Items not collected within a
designated period of time are
auctioned off. When auc-
tioned, the consideration paid
to Bahamas Customis is expect-
ed to include cost and freight
charges that are due and
payable to the applicable ship-
ping companies.

“On a routine basis, the ship-
ping companies are not paid
anything to reimburse them -
partially or otherwise - for the
costs of shipping and broker-
age/trucking services.”

The draft report added:
“When shipping companies are
forced to fully absorb trans-
port costs for confiscated
goods, it increases the costs of
goods to the general public.

“Customs claims that
refunds are processed within
six months, but this is rarely
done. One Chamber member
noted that they have not
received a refund for freight
in 29 years of doing business
in the shipping industry.”

The Chamber report said the
auction process was “in urgent
need of reform”. It suggested
that the Customs Department
should acknowledged receipt
of requests for funds, and use a
process of minimum bids that
incorporate proportionate allo-
cations for duties, freight and

0

A global leader in audit, tax and advisory services

Chartered Accountants.

owiss cooperative. All rights reserved.



AUDIT «= TAX »§ ADVISORY

© 2008. KPMG, a Bahamas partnership, and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a

ground transportation.

The report recommended
that “shippers should be paid a
proportionate amount for
freight irrespective of how
much the lowest bid was”. Pay-
ment to shipping firms should
not be denied, it added, on the
basis that the amount received
from the auction was “too low
to share”.

The feedback, obtained in
roundtable sessions with
Chamber and business com-
munity members, found that
Bahamian companies had
formed the opinion that when
doing business with the Cus-
toms Department, “it is all
about who you know” rather
than knowledge of policies and
procedures.

The Chamber report said:
“In general, businesses need
to know the right broker who
knew the right Customs Offi-
cers. Brokers identify officers
who have the clout to get
things done, and they ‘oil the
wheels to get more things
through the system’. Regret-
tably, that process has become
the routine way of doing busi-
ness.

“The ‘who you know’ way
of doing business clearly leads
to corruption in people and in
the process. In the long run,
the general public suffers
because those with the ability
to pay to ‘oil the wheels’ get
preferential service, and those
who don’t get inadequate
attention.

Manager

BUSINESS

“The process should be
overhauled and multiple infor-
mation streams/processes
established to serve the differ-
ing needs of the general public
and those of the business com-
munity. Businesses with the
need for more comprehensive
and expedited services should
pay more for that privilege.”

The Chamber report, the
final version of which is due to
be presented to Prime Minister
Hubert Ingraham, added that
there were not enough Cus-
toms officers to deal with the
volume of business the depart-
ment had to handle.

Chamber members and busi-
nesses had complained there
were only two Customs offi-
cers assigned to respond to
calls from the major stupping
agencies.

Meanwhile, other business
men complained that the ‘new
generation’ of Customs offi-
cers “does not appear to take
their jobs seriously”. The busi-
ness community felt they were
not responsive to their needs,
and did not provide efficient
and timely service.

“Time lost diminishes cus-
tomer satisfaction,” The
Chamber report said. “Time
lost is money lost. The inabili-
ty to deliver products or ser-
vices which require imported
goods/products ‘at the pace of
the customer’s business’ dimin-
ishes competitiveness.

“This has huge risks for the
business community in that it is



We are currently seeking qualified Managers to join our Audit practice.

Successful candidates for the Manager position must have at least six years professional public accounting
experience, two of which should be at a supervisory level. Experience as an Assistant manager would be a plus.
Applicants must hold a CPA, CA, or other professional designation recognized by the Bahamas Institute of

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

Applicants should submit a cover letter, resume, and a copy of their professional certification to: KPMG, Human Resources
Manager, P.O. Box N123, Nassau, Bahamas or acash@kpmg.com.bs. Telephane: (242) 393 2007



MINISTRY OF WORKS & TRANSPORT

NOTICE

MILO BUTLER HIGHWAY
ROAD CONTSTRUCTION - ROAD CLOSURES

In an effort to improve the road network in New

_ Providence the existing Milo Butler Highway is be-
ing upgraded and extended to Carmichael Road.
The Construction of the new extension requires
road closures and diversions. The following traffic
management schemes are planned for

Saturday 26 January 2008.

- Temporary junction improvements at Fire Trail
Road and Faith Avenue

«Closure of Bellot Road on the west side of Faith
Avenue

Closure of Hamster Road on the west side of
Faith Avenue

Delays are possible and you are asked to use an
alternative route to avoid this area. Sorry for any
inconvenience caused to the motoring public.



constantly required to compete
for limited opportunities.
Delays and inefficiencies in
Customs have indirect, and
oftentimes immediate, finan-
cial costs.”

The Chamber report urged
that the number of Customs
officers to conduct onsite
inspections be increased, as it
was felt there were only sev-
en such staff available for this
task.

iy ae all aspects of Nota

Cuisine: Wit
sees st

ave 8-10 years experience.

tl Contact:Tel 328-8382



Earn a Bachelor of Science Degree

in

Hotel or Tourism Management

University of the West Indies,
Centre for Hotel and Tourism Management (CHTM)
Telephone: (242) 323-5714 or (242) 356-0659

SPECIFICATIONS/PRE-REQUISTE

Top-quality education, at an affordable price (low tuition)
Has an Associate degree with a grade point average of 2.5
Can attend evening classes twice weekly

Part-time students complete a Bachelors degreee ina
minimum of three years

edit will be granted for both Associate in Arts
“and Associate in Science degrees.



The Bahamas Real Estate Association in conjunction with the
National Association of Realtors (NAR) will be hosting the:



ef¢ CERTIFIED INTERNATIONAL PROPERTIES
SPECIALIST (CIPS) COURSE



(1) February 11th - 12th, 2008
International Real ahs ela Local Markets

(2) ae Pe Pat:
Europe and Coe Un(ctel mI)

Venue: Sandals ae ee al onaeas een
Time: 9:00 am. - 5:00 p.m. daily

Cost: $600.00 p/p

Instructor: Tony Macaluso, National Association of Realtors (NAR)



APPRAISAL COURSE



1st session: February 18th - 22nd
2nd session: May 26th - 30th

Venue: British Colonial Hilton Hotel, Bay Street
Time: Ya.m. - 5p.m. CEM

Cost: $2,000.00 p/p

Instructor: Mr. Larry Sticca —

SPACES ARE LIMITED TO 45 PERSONS:
Registration will be done oll emilee paid Sree

NB: This course mi oo be offered every two years
- Don't MS) HO to) feel






Registration forms may be collected from the office of the
Bahamas Real Estate Association, Dowdeswell Street.
For further details telephone: 356-4578 Or 325-4942.

Note: Courses are SIMU BREA members One



| HURSDAY, JANUARY 24, 2008

BUSINESS

THE TRIBUNE



tin
idments to the
f the Bahamas

Te

‘| aims to regulate money

NNEN-

ess

aing, minis-

ance, vester-

size of the

regulator’s Board from three
to five directors, bring money
transfer businesses under its
supervision, and provide new
euidelines for applicants wish-
ing to become bank and trust
company licensees.
Introducing the amend-
ments, Mr Laing said that
increasing the size of thge Cen-

tral Bank’s Board would deep-
en the expertise and experi-
ence available to the regula-
tor’s executive management.
“The increase in the num-
ber of directors should also
assist the bank to more effec-
tively and efficiently address
various policy issues through
committees of the board, thus

enhancing the corporate goy-
ernance regime of the bank,”
the minister said.

He added that the amend-
ments would also clarify pro-
visions in the Act that deal

' with the maximum fine that

may be imposed on licensees
for deficiencies in statutory
reserve requirements and liq-
uid asset ratios. It would also

give the courts and Central
Bank the discretion to deter-
mine the fine that may be
imposed.

Mr Laing explained that cur-
rently, fines are payable either
on summary conviction, or on
the administration order of the
Central Bank Governor, for
breach of statutory require-
ments. He said that since 1990,

the regulator has imposed a
fine of 1/10 of 1 per cent on
licensees for breaches that
were incurred on primary
reserves, and a daily fine of 1
per cent for deficiencies in liq-
uid assets ratios (the ratio of
liquid assets to deposit liabili-
ties) far less than the annual
discount rate.

Mr Laing added that the

















Viarketing Manager

iding wholesaler seeks to hire a creative, experienced and highly
ivated individual for the position o- Marketing Manager. This
| person will report directly to the sales and marketing VP and will
responsible for expanding the organization’s revenue base;

iting market research studies and analyzing their findings;
veloping, implementing and evaluating marketing strategies; and
iilding relationships with external business partners.

terested persons should possess:

\r least a Bachelor's degree in marketing or business management
| L'xcellent leadership and coaching skills

A\t least five years’ experience in marketing diverse product lines
Good track recotd supporting sales expansion

The ability to think strategically

I-xcellent communication and presentation skills

Proficiency in various computer applications



d application letter and resume along with references to:

Marketing Position
P.O. Box N-1299, Nassau, Bahamas



- athe Christian Book Shop
L Spreading the Light of the LL acral li
Rost etta Street at Mt. Royal Avenue e T: 322-1306





8STEPS

fa © reate “the

ie “YOU



_ STOREWIDE

Excluding: Robes, Communionware,
Bulletins & Bahamian Authors/Artist’s

“January 26th - Saturday, February 2nd



OU CCU HC LURID Y

Bill provides for fines up to a
maximum of twice the annual
discount rate, which is cur-
rently set at 5 1/4 per cent.
The minister stressed that
the Bill was not seeking to
increase the amount of the
fine, but rather to set in clear
terms its upper limits.
Additionally, Mr Laing said
proposed amendments to the
Banks and Trust Companies
regulations were being pro-
posed to facilitate the
Bahamas’ compliance with the
standards issued by the Finan-
cial Action Task Force
(FATF) on supervising mon-
ey transfer and alternative.
remittance. systems. This
includes services such as wire
transfer companies
“The minister said the
amendments seek to ratio-
nalise and simplify the regula-
tory framework for these insti-
tutions by placing them under
the supervision of the Central
Bank, rather than the Inspec-

Legal Notice

NOTICE

INTERNATIONAL BUSINESS COMPANIES
ACT
(No.45 of 2000)

SUZANOPAR INVESTMENTOS LTD.
In Ve ntary liquidation

Notice is hereby given that in accordance with Section 137 (4) ,

of the International Business Companies Act (No. 45 of 2000),

SUZANOPAR INVESTMENTOS LTD. has been dissolved and

struck off the Register according to the Certificate of Dissolution

issued by the Registrar General on the 14th day of December, 2007.

LUIS PINEYRUA PITTALUGA
Juncal 1305, 21st Floor,
Montevideo,

Republic Oriental del Uruguay
Liquidator



SEE next page



The Counselling

Services Provided Drug Abuse Therapy
Individual Therapy Depression | Anxiety
(Child and Adult) Work Stress Therapy
Family Therapy Financial Consulting/Counselling

Marilyn Li Hah ee MSW; ACSW;CAPP
erapist | oma line
East Ave. Centerville
ANC Be Cite Cr Centerville Food Store)
Email: 2_mlo@bellsouth.net
P.O. Box N-9149
Nassau, Bahamas
(242) 328-6201
786) 489-5429



Grant Thornton

“A Passion for the business of Accounting”

JOB OPPORTUNITIES AT GRANT THORNTON

























Grant Thornton has opportunities for Associates and
a Manager in its assurance and advisory practice.
Student associates must be enrolled at the College of
The Bahama: or have graduated with a Bachelor’s
degree in Accounting from a recognized University.
Student associates must be on a path towards taking
the Uniform Certified Public Accountant examinations
or other recognized accounting examinations.

The applicants for manager must have a minimum of
6 years experience in auditing with proven leadership
skills, excellent technical skills, and willing to work
in an exciting and rewarding industry.

Please send resumes to infol @gtbahamas.net or
Fax to 242-322-7517.

Grant Thornton is the Bahamas member of
Grant Thornton International, the world’s fifth largest
international organization of independently owned
and managed accounting and consulting firms.
Grant Thornion offers a variety of service lines

including = «ssurance, accounting —_ assistance,
management consulting, liquidations, financial
advisory, corporate services and regulatory

consulting.
THE TRIBUNE





transfer firms





POA



tor of Financial and Corpo-
rate Service Providers or the
Securities Commissions.

“When this bill is passed,”
Mr Laing said, money trans-
mission providers will have to
be licensed and registered by
the Central Bank. The Bill will
also impose an annual pre-
scribed fee of $5,000 for mon-
ey transmission service
providers licensed by the Cen-
tral Bank.

Those business seeking to
provide money transmission
services must adhere to these
regulatory requirements:

* Only companies incorpo-
rated under the Companies
Act 1992 will be allowed to

ACCA (the Association of Chartered Certified
Accountants)

presents an informative seminar

PLANNING
A CAREER IN
FINANCIAL SERVICES

provide services

* Companies of less than
five persons must organise
themselves into a company
with a minimum capital of
$50,000, as required for
providers licensed by the Cen-
tral Bank, and pay an annual
registration fee of $2500,

Money transfer businesses,

Mr Laing said, must maintain
the same level of transparency
and control as banking insti-
tutions, and comply with the
Financial Transaction Report-
ing Act.

Additional amendments will
require shareholders of appli-
cants seeking to become

G

Temple Christian

licensees of the Central Bank
of to submit net worth state-
ments, which certify that their
net worth is at least five times
the value of share capital.
The Central Bank will
accept in lieu of two charac-
ter references, a letter of good
standing from the home regu-
lator of proposed licensees
that have parent companies in
Zone A countries- countries
which have full membership
in the OECD or any country
which has concluded lending
arrangements with the IMF
associated with the General
Agreement to borrow. This
would verify that proper due
diligence had been done.

High School

"Teach Me, O Lord, Thy Way”... Psat 119/33

TEMPLE CHRISTIAN HIGH SCHOOL

’ Entrance



¢ How to pursue the ACCA Professional
Scheme Qualification
and the
Certified Accounting Technician Programme

Wednesday, January 30, 2008
5:30 pm — 7:00 pm

at the

The Bahamas Chamber of Commerce
Collins Avenue and Shirley Street

Bahamas

Admission is free

Please note space is limited.

Examination
2008-2009

Temple Christian High School will hold its Entrance
Examination on SATURDAY, FEBRUARY 9th, 2008
at the school on Shirley Street from 8:00a.m.-12 noon
for students wishing to enter grades 7, 8, 9 and 10.

Application forms are available at High School
Office. The application fee is twenty dollats ($20.00).
Application forms should be completed and
returned to the school by Friday, February 8th, 2008

To register: 380-4722 or 328-8734
Contact: Terrence Bethel
Professional Certifications Bahamas
Located upstairs, Wong Plaza

-Madiera Street, Palmdale

For further information please call.
394-4481 or 394-4484

NOW LEASING! !
Brooke House

Caves Village, Nassau, Bahamas

Brooke

law or

ra
Ped

louse is the perfect location for an offshore bank,

recounting firm. Located on the western end of

Nassau, Bahamas, Brooke House is a 14,000 square foot

retreat from the lusile and bustle of busy downtown Nassau.

Brooke. House is only minutes away from The Sir Lynden

Pindling luternational Airport, trternational banks, law and

accounting firms, hotels, fine restaurants, shops and much

more, Opening is May 2008.

‘Tel: 242.3

CONTACT:

“y Ary
“4

322.7270 |

inloéecosseservices.com

Shameka Fernander

Fax: 242.356.3969

THURSDAY, JANUARY 24, 2008; PAGE 7B







Full time cashier needed ©

Applicants must be 30 years
old or older, honest, flexible, reliable and
customer service oriented.
Experience is an asset.

‘Serious enquiries only.

Tel: 325 - 5488 Mon-Fri 9a.m. - 4p.m.
Fax: 328-5498

HARBORSIDE RESORT AT ATLANTIS IS SEEKING FORA
HUMAN RESOURCES DIRECTOR

Harborside Resort at Atlantis is currently recruiting for a Human Resources Director to join
our team. This person will be responsible for developing, implementing and ceordinating
Human Resources policies and programs for-the following: Employment, Employee
Relations, Wages & Salary Administration, Benefits Administration, Safety, and Employee
Services,

We are seeking a dynamic HR Leader with the following skills:
Bachelor's Degree or equivalent in Human Resources,

Aminimum of 7-10 years of Human Resources Management work experience with broad knowledge of
employment and recruiting, compensation, and employee relations. Candidates must possess stronz
management skills and principles.

Experience in a fast-paced organization and leading a HR work group. This position will oversee the
Human Resources (eam of a Recruiting Specialist, HR Generalist, and HR Assistant.

Mast possess a high energy level and be extremely comfortable performing multi-faceted projects in
conjunction with day-to-day activities. Must be a self-starter with lots of initiative.

Strong Customer Service Orientation and keen interpersonal abilitics to work well with diverse
personalities in a multi-cultural work environment; tactful, mature and flexible.

Exceptional judgment and reasoning abilities. He/she should be results and people oriented, and have
the ability to understand the client's business and anticipate their HR needs.

Strong communication skills - written and verbal. Must be able to prepare comprehensive reports.
presentations and represent ideas clearly and concisely to all levels of associates,

Highly organized and possess considerable knowledge of management-labor relations, principles and
practices of Human Resources Administration, Collective Bargaining, local labor laws and
regulations as well as the ability to interpret personnel rules, laws and policies.

For immediate consideration please submit resumes online at: 3 xp ro
Sa

www.starwoodvo.com/careers
or e-mail a brief cover letter with your resume at: HARBOR
RESO.

Recruitment-Caribbean@star woodyvo.com
"Reference: HR position Bahamas) eet
Pre- employment drug screening and background required.

ATLANTIS

TRE ATLANTRS VACATION SUB.



THE DEPARTMENT OF STATISTICS
AVERAGE QUARTERLY PRICES FOR SELECTED ITEMS;
NEW PROVIDENCE: SELECTED QUARTERS 2005 — 2007

Irish Pota

Se
See se
ee,
Drumsticks
[Dried Mik [6a | 2] 239 | 2@ |
a

Electricity Rates
(Private Residence)

' The rate of electricity (including the surcharge) has constantly been increasing on the
Island of New Providence. During the third quarters of 2005 to 2007, the electricity
rate increased 23.6 percent.

For the past three years, the Department of Statistics has documented an increase in
the cost of diesel. Between 2005 and 2007, there has been an increase of 16.1%:
however, a slight decrease of 0.3% was recorded between the 3“ quarters of 2006

and 2007.

The cost for a pound of whole chicken has steadily been on the rise. Between 2005 and
2006, an increase of 1.1 percent was noted. A further increase of 5.5 percent was
c recorded between 2006 and 2007.

,








PAGE 8B, THURSDAY, JANUARY 24, 2008

DELTEC BANK & TRUST LIMITED

Invites applications for the position of

CLIENT SERWICES MANAGER

Responsibilities will include (but are not limited to):

Maintaining regular contact with clients on their account
servicing/administration matters

Initiating and monitoring the execution of client instructions
Overseeing and reviewing client cash, currency hedging
and credit positions

General administration of client accounts, liaising with
other departments, managers and group offices
Reviewing and completing investment fund subscription
documentation and handling redemptions

Supervision of two staff members

The successful candidate should have:

Degree in Business Administration or Finance

Excellent relationship and communication skills

Strong interpersonal and motivational qualities
Minimum five (5) years experience in the offshore private
banking sector, preferably in a client relationship position

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

Interested persons may submit resumes to the
Human Resources Manager either by email to
anh@deltecbank.com or by fax to 362-4623.
ABSOLUTELY NO TELEPHONE CALLS! :

All applications will be held in the strictest confidence and
only candidates under consideration will be contacted.





PIC

Professional Insurance
Consultants

Professional Insurance Consultants
_ has a vacancy for a

Receptionist/Data Entry Clerk

Applicants should:

© Have excellent people skills and telephone technique
© Be cheerful, enthusiastic, punctual and presentable

© Be computer-literate

© Have the right attitude towards the public and all others

Please apply by e-mail only to info@picinsure.com.
No phone calls or faxes will be entertained.





THE TRIBUNE

Bahamas may face

9-10% increase in

cost of imports

FROM page1B

told a Chamber luncheon on
the issue that this would fur-
ther fuel inflationary pressures
if the measure came to pass.

Mr D’Aguilar said he had
received an e-mail from a
major Bahamas-based food
retail chain, warning that if the
export sales tax exemption was
repealed, “we have estimated
this change will cost my com-
pany $3 million” per year.

As a result, the Bahamas-
based retailer said it would
have to move the $25 million
worth of goods that it pur-
chased from Miami through
switching purchasing to anoth-
er state.

Mr D’Aguilar added that if
the 6 per cent export sales tax
exemption, which benefits all
goods imported by the
Bahamas to Florida, was
repealed, all major whole-
salers, retailers and food store
chains would experience an
increase in purchasing costs
that they would have to pass
on to consumers.

As examples, the Chamber
president said the likes of
wholesalers Asa H Pritchard,
Lightbourne Trading and Milo
B Butler & Sons; retailers Kel-
ly’s Home Centre and John S
George, and food stores such
as City Markets, Super Value
and Solomon’s, “will all see the
first cost of the goods they
import from Florida increase
by 6 per cent”.

Given that Customs levied
an average import duty of 35
per cent on the cost (CIF) of
all imports, plus another 7 per
cent stamp duty, Mr D’Aguilar
said the Government’s tax take
would also increase as a result
of the sales tax exemption’s
repeal.

This, in turn, would furthe

increase the cost of goods for
the end consumer, and the
Chamber president warned
that if this scenario came to
pass, Bahamians will “soon see
the cost of all goods imported
from Florida increase by 9 per
cent”.

Mr D’Aguilar’s analysis was
supported by Adam Hasner,
the Republican deputy major-
ity leader in the Florida House
of Representatives,.

He told the Chamber lun-

- cheon: “Repealing the sales tax

exemption would have an
extremely impactful result on
the Bahamas. lt would have an
inflationary effect, and increase
the cost of goods and services
between 6-7 per cent.

“With additional taxes, it
may be 10 per cent. Some busi-
nesses here would clearly start
buying their goods from states
other than Florida.”

Mr Hasner said the state of
Florida had a $2 billion deficit
in its $71 billion annual Budget
that it was constitutionally
mandated to fill, and Democ-
ratic legislators had targeted
the sales tax exemptions as one
way to raise revenues to nar-
row this hole.

He added that Florida cur-
rently provided for $12-$13 bil-
lion in sales tax exemptions per
annum, some of which went
on food, medicines, and resi-
dential rent. Some $4 billion
in tax exemptions currently go
on goods exported from Flori-
da to the Bahamas and other
Caribbean states.

Mr Hasner said most, if not

all, Republican members of the
state legislature would vote
against any move by the
Democrats to raise taxes, argu-
ing that this would hurt Florida
exporters and the jobs they
provided. In addition, it did
not make sense to raise taxes
during an economic downturn,
or roll back tax exemptions,



Mr Hasner added.

Yet the Tax and Budget
Reform Commission had the
ability to go directly to the
Florida electorate in the
November 2008 ballot, he
added. If at least 60 per cent
voted in favour of the amend-
ment to review the export sales
tax exemption, then the state
legislature would be obligated
to consider it and vote on
whether to retain it in March
2009.

While the Republican
majority would probably block
any repeal of the export sales
tax exemption, elections for
the state legislature are also
being held this November, and .
it is possible the balance of
power could change in favour
of the Democrats.

Mr Hasner said goods pur-
chased by Bahamian firms in
other states, but shipped
through Florida, were also like-_
ly to be subject to the sales tax.

According to the Depart-
ment of Statistics, in 2005, the
last year for which complete
trade data is available, the
Bahamas imported some
$2.155 billion worth of goods
from the US, some 84 per cent
of its total $2.567 billion import
bill.

The total amount of goods
imported directly from Florida
was not detailed, but even ifit .
was as low as $1 billion, a 6 per
cent sales tax imposed on that
figure would raise the cost of —
goods imported into the -
Bahamas by some $60 million .
per annum - a major increase
that is likely to be a severe
underestimate.

Dividing that figure by
300,000, the estimated size of
the Bahamian population, and
this nation’s import bill will -,
rise by $200 per person - every .
man, woman and child - if
Florida does away with the
sales tax exemption.

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e EUROPEAN, AMERICAN & JAPANESE CARS &

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THE TRIBUNE

THURSDAY, JANUARY 24, 2008, PAGE 9B



Weakening economy
should prompt at-
risk workers to
update resumes

@ By EILEEN ALT POWELL
AP Business Writer

NEW YORK (AP) — If
you’re worried about losing
your job as the United States
economy weakens, it’s time to
update your resume in case you

need to hunt for new employ- .

ment.

Your goal should be making
your resume stand out from the
hundreds of other resumes that
employers receive. °

It used to be that a resume — *

which is a brief, written sum-
mary of an individual’s educa-
tion, work and accomplish-
ments — started with a “state-
ment of purpose,” something
akin to “I’m seeking a chal-
lenging position that offers pro-
fessional growth.” But that
doesn’t make the jobseeker dis-
tinctive from the competition.

“You really need to highlight
your last five years of experi-
ence and concrete accomplish-
ments,” said John A Chal-
lenger, chief executive officer
of the Challenger, Gray &
Christmas Inc. outplacement
firm in Chicago. “That’s what
makes you stand out.”

Challenger said, for example,
that “saying you are a market-
ing executive with experience
in brand management” doesn’t
make you stand out because
most market executives have
those skills. But “saying that
you are a marketing executive
who developed the concept and
designed the materials for an
advertising campaign for a new
brand” reveals much more, he
said.

Job applicants also have to
realize that they’re applying to

work for,yery busy people, so_

they have to keep the Kéyitems

in their resumes brief and to
the point, he added.

It should go without saying .

that all resumes have some
things in common:

e They’re attractive to look
at, whether mailed or e-mailed

e The content has been
checked for typos and gram-
matical errors

e The contact information 1s
correct

Kate Wendleton, president
of the Five O’Clock Club, a
career coaching and outplace-
ment firm in New York, said
jobseekers also should prepare
a cover letter for their resumes.

In brief, it should say you’ve
been following the company’s
activities, that you have a num-
ber of years of experience in
the relevant field, that your
most important accomplish-
ments are X and Y, and that
you'd appreciate 20 minutes of
the would-be employer’s time
to discuss the job.

Workers — especially those
who are changing fields — need
to make sure their resumes use
the right vocabulary in describ-
ing their skills, said Wendleton,
author of “Packaging Yourself:
The Targeted Resume.”

“We had a person with bank-
ing experience, an executive
who specialized in check pro-
cessing, who came in to work
with us,” she said. “Now he
wanted to work in hospitals,
but they don’t do check pro-
cessing. So he had to get the
word ’check’ off his resume and
emphasize transaction process-
ing, which hospitals do.”

Those who have done a lot
of job hopping — which could
make a worker look unreliable
— can make it less obvious in

the way they organize their
resumes, she said.

Say someone has worked at
three companies in the past sev-
en years. Wendleton recom-
mends that instead of listing
each job separately, the job-
seeker should create a single
category like “research man-
agement, 2000 to present” and
incorporate the three compa-
nies below that with emphasis
on accomplishments over the
stated period of time.

“Remember, visual appear-
ance, is very important,” she
said.

Both Challenger and
Wendleton emphasized that
finding the right person to send
the resume to is very impor-
tant. The best choice is not the
head of the human resources
department but the person who
eventually could be your direct
supervisor.

“Resumes have become so
easy to send out with the click
of a button that companies’ HR
departments are inundated,”
Challenger said. “Go that
route, and your resume is on a
pile with hundreds of others.”

Instead, he suggested, “fig-
ure out the person you'd work
for directly and send it to him
or her.”

And don’t hesitate to follow
up — but not with a “thank
you” note, which Wendleton
considers to be a waste of time.

“Do a real proposal, with an
argument about why they
should want to hire a person
like you,” she said. “Influence
them.”

And salary requests? Money
doesn’t come up until you get
your foot in the door for a per-
son-to-person interview, both
said.

THE DEPARTMENT OF STATISTICS
AVERAGE QUARTERLY PRICES FOR SELECTED ITEMS;
NEW PROVIDENCE: SELECTED QUARTERS 2005 — 2007



GHLIGHTS





The cost of a pound of bananas has been on a ‘roller coaster ride’. For the fourth
quarters of 2005 to 2006, the price of bananas increased, 14.3%. Tor the period
2006 to 2007, a decrease of 11.6% was noted.

The cucumber is a creeping vine that roots in the ground and grows up trellises.
f History records the cucumber as having been cultivated for at least 3,000 years in
Western Asia before coming to North America in the mid-16" century. Known as
a.vegetable to many, the fruit is basically cylindrical in shape. In New Providence
during the fourth quarters of 2005 to 2006. an increase of 12.8 percent was
registered. A further increase of 22.2 percent was recorded for the quarters of
2006 to 2007.

The cost of physician services (first visit) has been almost constant between 2005 and
2006 with a minute increase of 0.6%. However, during the fourth quarters of 2006 to
2007, there was a notable increase of 14.2%.

HAPPY NEW YEAR FROM THE DEPARTMENT OF STATISTICS



WUC oN UMUC Wa GLa aed PAE



MINISTRY OF TOURISM & AVIATION
_ DEPARTMENT OF CIVIL AVIATION

PUBLICATION BY THE MINISTRY OF TOURISM & AVIATION
DEPARMENT OF CIVIL AVIATION .
PARTICULARS OF AN APPLICATION TO OPERATE SCHEDULED
AIR SERVICES

In accordances with the provisions of Regulation 9 of the Civil Aviation
(Licensing of Air Services) Regulations 1976, the Minister responsible for
Aviation hereby publishes the following particulars of the under-mentioned
applicant to operate scheduled air services to and from The Bahamas.

PARTICULARS OF APPLICATION

Application: WESTERN AIR

Date of first publication: 17th January, 2008

Routes: BETWEEN NASSAU ON THE ONE HAND AND
FREEPORT, BIMINI AND EXUMA ON THE OTHER.
Purpose of services: Passenger, mail and freight

Provisional time table:

Local Times

FREEPORT/SAN ANDROS
SAN ANDROS/FREEPORT 1000/1030
FREEPORT/NORTH ELEUTHERA 1100/1135
NORTH ELEUTHERA/GOVERNORS HARBOUR 1150/1200
GOVERNORS HARBOURS/FREEPORT 1215/1255

0915/0945

6. Frequency of flights: See above time-table
iT Type of Aircraft: BEACH 1900C, METRO 111 and SAAB 340

Any representation regarding or objection thereto in accordance with Regulation

10 must be received by the Permanent Secretary, Ministry of Tourism & Aviation
& the Department of Civil Aviation within fourteen (14) days after the date of the
first publication of this Notice.

ARCHIE NAIRN
PERMANENT SECRETARY

SO e Ue

HUMAN RESOURCES COORDINATOR

Atlantic Medical a subsidiary of Colonial Group International of
Companies (CGI) with headquarters in Bermuda, is seeking an HR
Coordinator who will be responsible for coordinating and implementing
all human resources activities for our subsidiary companies in the
Bahamas.

CGIL, with offices in Bermuda, the Cayman Islands, the British Virgin
Islands as well as the Bahamas, offers a complete range of premier
financial and insurance services and, over the past few years, has
undertaken significant growth. This is an opportunity to be part of a
rapidly growing innovative company, focusing on providing clients with
first class service and access to competitive products.

Based in Nassau and reporting to the Executive Vice President for AMI
and the HR Manager for CGI in Bermuda, duties will include, but not
be limited to, providing support, advice and guidance to support senior
management in the Bahamas in their responsibilities for effective people
management and will include technical and administrative duties in
relation to recruitment, compensation, benefits, training, employee
relations and administration.

Minimum requirements for this position are:

CIPD/PHR/SPHR certification or relevant Bachelors degree

Minimum 3 years relevant experience in at least one of the
functional areas of HR

Superior communication (verbal, written and presentation) and

organization skills

Strong interpersonal skills and service-oriented approach

Ability to work independently and multi-task

Proficiency in MS Office products to intermediate level

The ability to work extended hours which might include some
weekend work

Some travel may be required

Compensation for the successful candidate will be attractive, linked to
performance and relevant to experience and qualifications. AMI offers
an attractive benefits package that includes comprehensive medical
insurance, contributory pension plan and life insurance.

If you have a keen commitment to quality results and want to contribute
your talents to a dynamic company, contact us about this opportunity.
Applications will be treated in the strictest confidence and should be
submitted by email to:

HYPERLINK "mailto:hr_manager_bm@colonial.bm"
, hr_manager_bm@colonial.bm

Closing Date for applications is February 5th, 2008


THE TRIBUNE



PAGE 10B, THURSDAY, JANUARY 24, 2008



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THE TRIBUNE

THURSDAY, JANUARY 24, 2008, PAGE 11B



a ee See ee ee

US leaders assess

costs of economic
rescue package

@ By ANDREW TAYLOR
Associated Press Writer

WASHINGTON (AP) —
Top House leaders and Trea-
sury Secretary Henry Paulson
yesterday tallied the cost of
measures to jolt the economy
out of its slump as the three
sought a swift bipartisan deal
on a recovery package that
could move through Congress
within weeks.

House Speaker Nancy
Pelosi, D-Calif., and Minority
Leader John Boehner, R-
Ohio, are taking the lead in
Capitol Hill negotiations, with
the centerpiece of the measure
expected to be a tax rebate
similar to, but bigger than, the
$300-$600 checks sent out in
the summer of 2001. The two
huddled for a lengthy working
breakfast at the Capitol with
Paulson, Bush’s point man on
the package, and planned
another gathering this after-
noon.

“We looked at a lot of dif-
ferent options,” Boehner told
reporters, adding that the
threesome reached “no con-
clusions or agreements.” He
said it would “require a great
leap of faith” from both parties
to find common ground.

Senior lawmakers in both
parties met on Tuesday with
President Bush, who has pro-
posed a stimulus plan worth
about $150 billion.

Combined with Iraq war
costs and decreasing corporate
tax revenues because of the
economic slump, a package
that size would more than dou-
ble last year’s deficit spending
of $163 billion, according to
new congressional budget esti-
mates.

Bush expressed optimism

MONDAY JANUARY 21ST,
LOCATED:

that his administration can
reach quick agreement with
Congress.

“I believe we can find com-
mon ground to get something
done that’s big enough, effec-
tive enough so that an econo-
my that is inherently strong
gets a boost — to make sure
that this uncertainty doesn’t
translate into more economic
woes for our workers and small
business people,” Bush said
Tuesday in the Cabinet Room.

Pelosi, Boehner and Paulson
are working on hammering out
details. Senate leaders Harry
Reid, D-Nev., and Mitch
McConnell, R-Ky., have
agreed to stand back and let
the House take the lead in the
talks with the administration.

In the Senate, Reid said in
an interview, “There are too
many cooks in the kitchen.
Send something over to us and
we’ll try to move it as quickly
as we can.”

Perhaps the most important
obstacle to overcome is differ-
ences of opinion over who
should receive rebate checks.
Democrats want to deliver
help to low-income workers
who may not pay income taxes
because they make too little
or benefit from tax credits such
as the child tax credit.

‘Thus far, talks have focused
on setting the parameters of a
bill combining rebates with
GOP-sought tax breaks for
businesses, as well as Democ-
ratic-backed help for the
unemployed and those on food
stamps.

Talks continued as the non-
partisan Congressional Budget
Office, citing the weakening
economy, estimated that the
budget deficit for the current
year will jump to about $250

WER CURTAI

SALE STARTS

ijl)

billion. That figure does not
reflect at least $100 billion in
likely additional red ink from
the deficit-financed economic
stimulus measure.

Senate Budget Committee
Chairman Kent Conrad, D-
N.D., said the 2008 deficit ©
would reach more than $350
billion once the costs of the
upcoming stimulus bill are fac-
tored in.

Both sides have seemed to
negotiate in good faith. Repub-
licans and Bush declined to
insist on extending Bush’s 2001
and 2003 tax cuts that expire in
three years, while Democrats
offered up tax breaks for busi-
ness and limited their roster of
spending proposals.

Democrats also agreed to
waive budget rules requiring
tax increases to finance the
measure.

Noting the aura of biparti-
sanship surrounding the talks,
Rep. Eric Cantor, R-Va., said
Democrats “are seeing the
same polls as we are.”

On a visit to Cairo Wednes-
day, Energy Secretary Samuel
Bodman told reporters that
high oil prices are starting to
adversely affect the United
States economy.

“The economy has been able
to withstand it until now.”
Bodman said. “I believe the
100 dollar price of oil is starting
to have an impact,” he said.

Bodman has been touring
the Middle East to talk about
energy, security and other
issues.

Oil has retreated from a
record high of above $100 bar-
tel earlier this month and is
now trading at around $88 a
barrel on concerns that a slow-
ing US economy would reduce
energy demand.

NS SETS

x WW

Ys

2008 - SATURDAY JANUARY 26TH, 2008
BOUR BAY SHOPPING CENTER _








sRENNEN-BETHEL
sUSINESS Reporter _

\NS were yesterday
sc mortgage brokers to
possible interest rates
loans, particularly given

yome purchase costs
ddle imeome Bahami-
vocation of the Stamp
time home buyers on



with an appraisal value of

eee)
th Pribune Business,
psou, president of XM
vm niga 10 brokerage firm
. Jnternet approvals and
“at's on lication to sever-
litetions, explained that
>of firms such as his were
ypowered the purchaser.



THURSDAY, JANUARY 24, 2008



“This service empowers you in a way
that going to a single lending institution
simply cannot, because you get multi-
ple otfers and you can compare interest
rates,’ > Mr Sampson said.

“This gives you the ability to select
the best terms for you. Finding the
best interest rate can save you over
the course of the life of your mortgage
tens of thousands of dollars. Believe
me, when you are borrowing
$150,000 for a new home, there is a
big difference between 7.5 per cent
and 8.5 per cent.”

He added that having multiple
approvals also gives flexibility to nego-
tiate if there was a particular institution
a home buyer would like to deal with.

“1 think that people have miscon-
ceptions about mortgages. They feel
that they have to have a relationship

BUSINESS

with a particular bank, or they have to
be married to get a loan, and that is not
the case,” Mr Sampson said.

Company

He added that his company helped
eliminate some of the stress or fears
about the mortgage application
process, because it completes the appli-
cation and forwards it to the lending
institutions for approval.

XM Loans website allows clients to
get an approval in real time - less than
five minutes - as it is on line 24 hours a
day, seven days a week.

“We are probably the only one (
mortgage brokers) which has this state
of the art technology,” Mr Sampson
said.

If an approval cannot be given in

broker express
Tax end concern:

real time, Mr Sampson said an employ-
ee would examine the application and
get back to the client within days to
discuss the best possible way to obtain
financing.

“We are also about assisting and
educating people on the home buying
process,” he added.

Mr Sampson said there was no big-
ger dream than that of home owner-
ship, which is why he has echoed the
call of those persons calling for the
Government to reconsider the elimi-
nation of the stamp tax exemption for
first-time buyers with homes valued
under $250,000.

“At the least, I think that they should
phase it out, say in six months or 12
months it will end, to at least give peo-
ple some leeway and a chance to buy
and still qualify,” Mr Sampson said.

THE TRIBUNE








“T think that everyone ii in. * the con-
struction industry will complain - real-

tors, attorneys, contractors, steel work-"

ers. It will have a negative impact On”
the already fledging economy,

He agreed that the difference in rev-

enue would be made up in furnishing -
and outfitting the home, which would
justify the financial loss to the govern-
ment. =.
Mr Sampson also poittéd out that if
a person qualified for a certain amount
and then had to also find the stamp
tax, which is often thousands-of dollars,
it could delay the process'as He tries ‘to
secure that additional money. >:

“That could mean that the, “opportu-—
nity to purchase a particular property.
could be lost or even that they fail to”
qualify for funding at that amount,”
Mr Sanipson said.

SRAARIGA SOS PAR TEN

Sas



‘Informative. ]



FROM page 1B

relating to a planning applica-
tion actually meant.

One business recalled an
episode where it received its
approval in principle from the
Department of Public Works,
with “no unreasonable or
unusual demands” placed on
the company.

Although the company’s
name was not mentioned, it is
likely to be the controversial
planning application by
Wendy’s to build a new restau-
rant at Cable Beach, on the
corner of Atlantic Drive and
West Bay Street.

The Chamber report noted
that the planning application
for a “commercial develop-
ment” complied with zoning
and covenant restrictions, and
“considerable financial
resources were committed to
move the project forward”,
including purchasing the land.

Yet public protests and an
appeal against the project to
the Town Planning Commit-
tee saw the body reverse its
original decision, and the

approval was reversed.

This, the Chamber report
said, had “substantial, imme-
diate and direct financial impli-
cations”, with the process
“grossly unfair, unconscionably
long” and placing the company
involved at a major cost disad-
vantage.

As a solution, the Chamber
said the Town Planning Act
and Town Planning Commit-
tee processes needed to be
overhauled. It suggested that
Town Meetings be held before

approvals in principle were -

granted to minimise the “finan-
cial burden and risk” faced by
Bahamian companies.

“The incident discussed is
not the first instance of reversal
of the Town Planning Com-
mittee approvals of legitimate
commercial development on
commercially zoned properties
only after public -outcry,” the
report said.

“There appears to be no
legal basis for the decision.
Regrettably, the appeals
process through the courts is
very expensive and time con-

can be sure to read something of value in The Tribune.

ee to me. The Tribune is my newspaper.

CONSTRUCTION FOREMAW:

Purchase 7

rhe Lah dei pik





suming. It puts: the busing
a considerable financial disad—
vantage.”

The Chamber report added
that Department of Public

‘Works staff needed to be more

yesponsive to. inquiries,.despite
being faced with’ a huge -vol-
ume of work and public.
inquiries.

It added that in the. planning ©
case described, the department’ -

“““was described as ‘completely

unresponsive’. For weeks it did ©

not reply to repeated requests

for updates on what: the-
department proposed to do
and when. As with many other.
cases, million dollar projects
were kept.in abeyance”.

The Chamber report also”

recommended that the:
approval process be stopped
once a planning application i is
challenged, with the : 4
business “not penalised if the .
time to’ provide responses: or
implement solutions to address‘.
departmental or community”
concerns cause the projéct to
be extended: beyond. the end.

date for apt oval i in principle”. =

Ite is fall ed with. |

information about local news, sports, entertainment and world news ~ subj ects that “are

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Lot No. 130, St. Andrews Beach Estates
All that lot of land having an area of 8,100 sq ft, being
lot no. 130, of the subdivision known and designated
as st. andrews beach estates, the said subdivision
situated in the eastern district of New Providence,
Bahamas. located on the subject property is a structure
comprising of anapproximately 12yr old duplex.
Appraisal: $245,237.00 ‘
Traveling east on yamacraw hill road take the third corner
right. with sign for st andrews beach estates, then take
first left, then first right, the subject property is the 2nd
property on,the left side painted beige trimmed orange.



Lot No. 3 Yamacraw
Beach Estates
All that lot of land having an area of 10,000 sq ft, being lot
no. 3 in Yamacraw Beach Estates, in the said subdivision
situated in the eastern district of New Providence Bahamas.
Located on the subject property is a single-storey triplex
building comprising of 3 units with two 2-bedrooms, 1-
bathroom, living, dining, kitchen apartments unit and one
unit being used as a barber and beauty salon. the land is
on a grade and level; however the site appears to be
sufficiently elevated to disallow the possibility of flooding
during annual heavy rainy periods of the year.
Appraisal: $313,016.00

Traveling south on Fox Hill Road, go pass Yamacraw
Hill Road and Joe Farrington Road. The subjec! property is located on the left hand side of Fox Hill road painted
white trimmed brown.

Eleuthera Island Shores Subdivision LOT NO. 1,
BLOCK NO. 45,
SHORES
All that piece parcel or lot of land having an area of
9,644 sq. ft. being lot #1 in block 45, Section “E” in
the subdivision called and known as Eleuthera Island
Shores Subdivision, situated in the vicinity of Hatchet
Bay Harbour, on the island of Eleuthera, one of the
islands of the Commonwealth of The Bahams. This
site encompasses a two storey building which is
approximately 14 yrs old and is abandoned. There is
a wooden landing approximately 7’-4” wide by 20’-
0” on the upper level, approximately 1,610 sq. ft. of
enclosed living space, with 3-bedrooms, 2-bathrooms,
front room, dining room, den, kitchen, and utility room. The wooden porch on the upper level is approximatelf 148sq.
ft. There is also a water cistern under the dining room floor area. All utilities and services available.
: Appraisal: $151,007.00
This property is situated in Eleuthera Island Shores.

LOT NO. i WESTERN SHORES
All that lot of land having an area of 7,389 sq. ft., being
lot #1 of the Subdivision known as Western Shores Phase
ll, the said Subdivision situated in the Western District of
New Providence, Bahamas. Located on the subject property
is a single structure comprising of a single family residence
consisting of approximately 2,430 sq. ft. of enclosed living
space. The residence comprises of 3-bedroom with closets,
2 1/2 bathrooms, living/dining rooms, study, kitchen, utility
room, porch and enclosed garage with electronic door. The
land appears to be sufficiently elevated to disallow the
possibility of flooding during annual heavy rainy periods
of the year. The grounds are fairly well kept with
improvements including driveway, walkway and swimming
pool. The yard is enclosed with walls.

Appraisal: $753,570.00
Traveling west on West Bay Street. Go pass Orange Hill and Indigo Subdivisions, the house is located on the left near
Tusculum Subdivision and painted all white.

GEREN

S





(Lot No. 62, Lower Bogue) ELEUTHERA

All that piece parcel or lot of land and improvements, in
the settlement of Lower Bogue, North Eleuthera, being
No. 62, comprising of about 34,210 sq. ft., this site
encompasses a 12 year old single storney home comprising
of 4 bedrooms, 3 bathrooms, front room, dining, breakfast
room, kitchen and laundry room, with a total living area
of approximately 2,342.06. Property also includes a double
car garage, and front entrance with a total sq. ft. of
approximately 655.75. This home is approximately 85%
completed. The property is well landscaped with crab
grass, fiascas and some fruit trees.

Appraisal: $235,638.00

This property is situated on the western side of Eleuthera
Highway in the settlement of Lower Bogue.



DUNDAS TOWN (ABACO)

3 two bed, 1 bath fourplex 9,000 sq. ft., lot no. 18b with
an area for a small shop. Age 12 years the land is a portion
of one of the Dundas Town Crown Allotment parcels
stretching from Forest Drive to Front Street, being just
under a quarter acre in size and on the lowside. A concrete
block structure, with asphalt shingle roof and L-shape in
design with a total length of 70x26 ft, plus 50 x 22 ft.,
2,920 sq. ft., the interior walls are concrete blocks, ceiling
is sheet rack and the floors of vinyl tiles.

Appraisal: $265,225.00



LOT NO. 12, BLOCK 3, MILLAR’S HEIGHTS

All that lot of land having an area of 7,500 sq. ft., being lot
12, of the subdivision known and designated as Millar’s
Heights, situated in the Southwestern district of New
Providence, Bahamas. This property is comprised of a 25
yr old single family residence consisting of approximately
2,375 sq. ft of enclosed living space with three 2-bedrooms,
1-bathroom, living/dining rooms, and kitchen apartment
complex. The land is on a grade and level and appear to
be sufficiently elevated to disallow the possibility of flooding
during annual heavy rainy periods. The grounds are fairly
kept, with improvements including parking area, walking
pathway and low shrubs. The yard is enclosed with chain linked fencing at the back and southern sides.
Appraisal: $239,500.00 .
Traveling west on Carmichael Road, enter West Avenue, on the South side immediately after Topps Laundromat. Take
first right which is Wimpole St., go around the curve on the left which is London Avenue, traveling south on London
Avenue the subject property is the 9th building on the right before the T, Junction (high street) the subject building is
an L shape triplex, painted green, trimmed white.



a ec

‘ Lot No. 15, Block 10, Wintor Heights
All that lot of vacant land having an area of 17,144 sq ft, of the subdivision known as Winton Heights situated
in the Eastern District of New Providence Bahamas. This property is rectangular in shape and zoned multi family
- single family.’
: Appraisal: $171,440.00
This property is about 230ft West of Sassoon Drive and is about the third lot on the North Side of Hill Side Road.

Island Harbour Beach, Exuma

All that parcel or lot of vacant land containing 10,000 (80'X 100’) sq. ft. being Lot No. 9, Block 2, Island Harbour Beach
Subdivision situated the western most portion of the Hermitage Estate, Little Exuma Bahamas. The property is located
on an unpaved road known as Stocking Road. The property also has a commanding view of the ocean.

Appraisal: $80,000.00

MUTTON FISH POINT NORTH ELEUTHERA
All that piece, parcel or lot of vacant land containing 44,714 sq. ft., and designated “E” which forms a portion of land
known as “Mutton Fish Point” situated about two miles northwestward of the settlement of Gregory Town on the island
of Eleuthera, one of the islands of the Commonwealth of The Bahamas, and is bounded and abutting as follows:-
Northwardly by the land now or formerly the property of Coridon Limited, and running thereon for a distance of 393.13
hundredth ft.; outwardly by a 30’ wide road reservation and running therean for a distance of 402.57 hundredth ft; eastwardly
by the main Queen's Highway and running thereon for a distance of 109.73 hundredth ft; westwardly by land now or
formerly the property of Caridon Limited and running thereon for a distance of 110.75 hundredth ft. this property having
an area of approxirnately 44,714 sq. ft. this neighbourhood is zoned cornmercial/residential development and is quiet,
peaceful and has a topography of approximately 2 ft. with all utilities and services available.
APPRAISAL: $51,421.00

MUTTON FISH POINT NORTH ELEUTHERA

All that piece, parcel or tract of land containing 1 acre situated about two miles northwestward of the settlement of Gregory
Town on the island of Eleuthera, one of the islands of the Commonwealth of The Bahamas, and is bounded and abutting
as follows:- Northwestwardly by the main Queens Highway and is running thereon for a distance of 125.462 feet
northwestwardly by the land now of formerly the property of Coridon Limited, and running thereon for a distance of 390.274
hundredth ft.; southwestwardly by a 30’ wide road reservation and running thereon for a distance of 128.128 hundredth
ft; southeastwardly by the land now or formerly the property of the Venor and running thereon for a distance of 322.955
hundredth ft. This property having an area of approximately 44,847.76 sq. ft. This neighbourhood is zoned commercial
development and is quiet and peaceful with a topography of approximately 2 ft. with all utilities and services available.
ban Bae APPRAISAL: $51,421.00

This lot is vacant land and is located in the area known as “Mutton Fish Point”

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LOT NO. #7, BOILING HOLE SUBDIVISION
All that piece parcel or lot of land and inprovements situct
on the Isiand of Eleuthera, North of Governor's Haroou:
comprising of Lot No. 7 in the Boiling Hole Subdivision, and
comprising of approximately 10,000 sq. ft., this site
encompasses a 17 years old duplex with each unit consisting
of 2-bedrooms; 1 bathroom, frontroom, diningroom and kit. he
with a gross floor area of approximately 1,474.20 sq. i!
covered porch area of approximately 164.70 sq. ft. this divw!
was built in accordance with the plan and specificati
approved, and at a standard that was acceptable to the M
Of Public Works. This structure is in good condition. Each apartment could be rented at $800.00 per month
land is landscaped and planted with ficus trees, but needs some manicuring.

APPRAISAL: $153,521.00



LOT NO. 1490 GOLDEN GATES SECTION /
All that lot of land having an area of 6,000
being lot no. 1490 of the subdivision known aid
designated as Golden Gates, the said subdiv sic!
situated in the southwestern district of Mew
Providence, baharnas. This property is complied
of a 25 yer old single family residence consisting oi
approximately 2,480 sq. ft. of enclosed living spac
with three bedrooms, three bathrooms, tiving, ds
rooms and kitchen. The land is on a grade aiid | ye

7 however the site appears to be sufficiently elevateu
to disallow the posibility of flooding during annual heavy rainy periods of the year. The grounds are fairly kept, ith impro.en
including driveway, walkway and low shrubs. Yard is enclosed on one side wth a 5 foot chain linked fencing and a low ven ent
block wall to the front.











Appraisal: $162,400.00
Traveling west on Carmichael Road turn left then right onto the service road opposite Bahamas Faith Ministries Complex tie
first left again afler passing clico and pre-school. The subject house is the 6th house left painted green trimmica wiite



Must Sell Lot No. 597

All that lot of land having an area of 3,200 sq ft. being
Melvern Road of the subdivision known as Yellow Elder Gaiders
the said subdivision is situated in the southern district « V

rovidence Bahamas. This property is comprised of a :
single family residence consisting of approximately 1.51
of enclosed living space, with 3-bedrooms including maste! becir
2-bathrooms, living/dining room, kitchen and utility row:
residence also consists of a front porch and two pa

Ne







The land is on a grade and level; however the site appears tu v=
sufficiently elevated to disallow the possibility of flooding during
annual heavy rainy periods. The grounds are fairly kept. with
improvements including driveway and walkway. The yard is enclosed with chain linked fencing.

Appraisal: $133,395.00
Traveling west along Melvern Road from the sport center road, follow the road to the left. the subject property is the Siti property
left situated between Zris Court and Richie Court, painted White trimmed yeliow. :





HAMILTON’S, LONG ISLAND

All that piece parcel or lot of land and improvements siiuat.
in the settlement of Hamilton's in the Island of Long
and comprising of approximately 13,547 sq. ft. and is (
approximately 7-8 ft above sea level. This site encompasses
a 3Syr structure. A simple style home consisting «
bedrooms, one bathroom, kitchen, living and dining roo.
the home however is consisted of 2 separate constructions:
613.60 sq. ft of concrete construction and 624 sq. tt of wooden
construction all amenities are to the property such as cl -etnici
water, cable and telephone.

; Appraisal: $112,000.00.
The property is accessed by the main Queen's Highway







KENNEDY SUBDIVISION (NASSAU)
Lot no. 21 all utilities available 10 year old singie story
house, 3 bedroom 2 bathroom, living room, dining area
family room, kitchen, study, laundry and an entry porc:

Appraisal: $188,406.00

Heading west along Soldier Road take main entrance \:
Kennedy Subdivision on the left, then take the ist core!
on the left then 1st right, house is second on your righ
with garage.





LOT NO. 382 WINTON MEADOWS

All that piece parcel or lot of land having an area of 8,300 sq. ft
lot No. 382 situated in the subdivision known as Winton Meadows, the
said subdivision situated in the Eastern District of the Island ot New
Providence, Bahamas. This property is comprised of a 24 year old sinale
family residence with an attached efficiency (formerly the carport)
consisting of approximately 2,675 sq. ft. of enclosed living area, front
porch-198 sq. ft., back patio-380. The building is a two storey house
Besides the efficiency apartment, the house is comprised of 3-bedrooms
3-bathrooms, inclusive of a master bedroom suite upstairs. Foyer. front
room, dining room, family room, powder room, utility room, break!
nook and kitchen downstairs. Climate control is provided by d
ceniral air conditioning, with air circulation enhanced by ceiling fans
and other amenities. Quality of construction: Average. Stands
maintenance: Average. Effective age: seven years (7) the land is on flat terrain; however the site appears to be sufficiently ele
disallow the possibility of flooding under normal weather condition, including annual heavy rainy periods. The grounds are w
with improvements inciuding neatly maintained lawns with tlowering trees, and a concrete garden/storage shed, which is located 11
backyard. The yard is enclosed along the sides with chain-link fencing, and concrete block walls that are topped with metal railing
and metal gates at the front and back.









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APPRAISAL: $365,000.00
Traveling east on Prince Charles Drive, pass the streetlight at Fox Hill Road until you get to Meadows Boulevard, turn right onto Meadows
Boulevard, go south and take the 4th left, ther ist right. The subject house is the 2nd house on the left side painted beige trimmed

Investment Opportunity Must Sell Lot No. 217
Pinewood Gardens Subdivision
All that lot of land having an area of 5,000 sq ft, being !
No. 217 of the Subdivision known as Pinewood Garders
said subdivision situated in the Southern District of New
Providence Bahamas. Located on this property is a structur
comprising of an approximately 20 yr old single family residenc
consisting of 992 sq. ft of enclosed living space with .
bedrooms, 1-bathroam, living/dining rooms, kitche
way and walk way. The land is on a grade and lev
appéars to be sufficiently elevated to disallow the possibi)
of flooding. The grounds are fairly kept and yard is open
Appraisal: $127,988.00

Traveling south on East Street to the junction of Solcie
Road, make a left at the light then turn right into Kennedy Subdivision, go all the way to T-junction, turn right Vf
left then right again toward Mount Tabor Church building, after passing Mount Tabor take first left (sapodilla blva), the
subject house is about 400 yards on the right painted yellow trimmed green, with green and white door.














Rainbow Subdivision Lot No. 3, Block 27
All that vacant lot of land having an area of approximately 14,052.59 sq. ft. being lot no. 3, block 27, section
b, of Rainbow Subdivision with residential zoning. This property is bounded about 103.44 ft north by Queens
Highway, and 137.02 ft. East and about 99.94, ft south of Rainbow Hill Circle. 139.91 ft West. All utilities and
services available.
Appraisal: $37, 440.00



investment Opportunity - Must Sell
Lot No. 20, Block 1 unit 3 Fortune Polat Subdivision all that lot of vacant land having an area of 12.650 so"
being Lot No.20 block 1 unit 3 of the subdivision known and designated as fortune point subdivision fice
Grand Bahama.. duplex property zoning with a rectangle shape.
Appraisal: $38,000.00



LOT NO. 10B, PALMETTO POINT
All that piece, parcel or lot of vacant land containing 9,000 sq. ft., and being Lot No. 10B situated North of !ngia
Pond and Eastwardly of North Palmetto Point, on the island of Eleuthera, one of the islands of the Commonweal!
Bahamas, and is bounded and abutting as follows:- on the north by Lot No. 3B and running thereon fore distant |
ft; on the East by Lot No. 11B and running thereon for a distance of (100) ft: on the south by a 20’ wide roae |.
and running thereon (90) ft on the west by Lot No. 9B running thereon for a distance of (100) Ft, the said Lot
with shrubs and is in close proximity of a white sandy beach. This neighborhood ts zoned residential dev:
is quiet and peaceful with a topography of approximately 50ft and because of this there is no danger of tloow
is approximately 80% developed with all utilities and services available.

APPRAISAL: $72,000.00

MUTTON FISH POINT NORTH ELEUTHERA
All that piece, parcel or lot of vacant land and wnprovements containing approximately 44,587 sq. fl. and Co sign aly
which forms a portion of land known as “Mutton Fish Point” situated about two miles northwestward of the seit
of Gregory Town on the island of cleuthera, one of the islands of the Commonwealth of The Bahamas, and bound
abutting as follows:- Northwardly by the land now or tormerly the property of Coridon Limited, and running thereo jar
a distance of 383.56 hundredth tt; southwardly by land now or formerly the property of Caridon Limited and sun wag
thereon for a distance of 393-19 hundredth tt. eastwardly by the main Queen's Highway and running thereon tora cisiance
of 113.40 hundreath ft. westwardly by land) now or formerly the property of Coridon Limited and running thereor fora
distance of 113.40 hundredth fi. this neighbourhood is zoned commercial/residential development and is quiet, peacet
and has a topography of approximately 2 ft. with all utlities and services available.

APPRAISAL: $51,276.00

ZAC UC Mca eel Pea |

Philip White @ 502-3077 email philip.white@scotiabank.com or Harry Collie @ 502-3034 © email harry.collie@scotiabank.com ¢ Fax 356-8851

OMY Seti go to: www.stopnshopbahamas.com - Click on “Real Estate Mall” - Click on doorway “Enter Online Store”



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PAGE 14B, THURSDAY, JANUARY 24, 2008









rs SANDYPORT Appraisal: $300,000.00
tg All that lot of land having an area of 9,626 square feet, being lot number 40,
' of the subdivision known as SandyPort, situate in the Western District of
New Providence. The property is irregular in shape, is on a level grade and
| zoned as single family residential. An electrical connection outlet is located
i near the property. The property is located on Sandy Port Drive just on the
I





bend before Governor’s Cay on the Southern Side of the road.

[.
| No. 17 WESTRIDGE ESTATES Appraisal: $930,000.00

All that lot of land having an
area of 30000 square feet,
- being lot Number 17 of the
subdivision known as
Westridge Estates Addition.
Situate in the Western District



on the’ island of New
Providence.
Located on the subject
property is a newly
constructed single story

feet of living space with a three Car Garagestructure comprising 6,000

The building is 75% completed and comprises five bedrooms, four and a

half baths study, living/dining, family room, kitchen, laundry and generator

room.

Location: From SuperValue West Bay, take the rcad heading west into
| Westridge, take the first corner on the Right, Westridge Drive. Subject

property will be about the seventh on the right hand side of the road.

SRSPRKRSMSIHSHRKRFTVRKRHKHRHWHHRES

LOT #18 BLOCK #27 VENICE BAY Appraisal $383,855.00

All that lot of land having an area of
12,225 square feet, being lot #18 Block
#27 of the subdivision known as Venice
'Bay Annex, situate in the Western

| District of New Providence. The
property is on a level grade and zoned
as multi family residential. Located on
the subject property is a cluster of ‘G
buildings comprising a completed unit ~
at the front of the property, a middle |
section consisting two town houses «.
about 80% completed and designated «~
units 3 and 4 and is the subject of this appraisal. This section has a square
footage of approximately 2,490 square feet and a porch of 200 square feet.
i Girections: Take Carmichael Road heading West, turn onto Bacardi Road
heading South. Proceed past Millers Pond. Just before reaching Bacardi, turn
Fight onto paved road just past the pond. Subject is located on the Right
hand side of the road.

VISTA MARINA





SRSSSRS TASS AeSFeeSSeSORHEVLOREOSE

Appraisal $686,374.40

All that lot of land having an area of
6,794 square feet, of the subdivision
known as Vista Marina, situate in the
Western District of New Providence.
The property is on a level grade and
zoned as_ single family residential.
Located on the subject property is a 7-
year-old single family two storey
: “ residence consisting of approximately
2,756 square feet of enclosed living space. The ground floor comprises one
bathroom, laundry room, dining room, sunken living room, family room,
kitchen, entrance and rear porch. The first floor comprises three bedrooms,
two bathrooms, and a balcony overlooking the ocean. The Master Bedroom is
very large and features a walk in cedar lined closet. Windows are double
giazed hurricane impact. Ventilation is by central air-conditioning and ceiling
fans. There is also a swimming pool.
Directions: Take West Bay Street heading West to Go Slow Bend, continue
West just before reaching the Moorings, subject is located on the left hand
side of West Bay Street.

SHHOSHSORHOHRHOSHOSH HOH HEHHOEREOD

LOT No. 17 ALLEN’S DRIVE
CARMICHAEL ROAD

The subject property is “
developed with a duplex «
building consisting of



Appraisal: $171,000.00

approxi-mately. 1,512
square feet of enclosed
living space which |
includes, two - 25
bedrooms and 1j
hathroom, kitchen,
living/dining room

apartment.Ventilation is
by walled units. air-
condition units located in the badeoome.

Directions to property: Take the corner North of Golden Gates Assembly,
Alien’s Drive, follow the bend. The subject property is on the right shortly
after passing the bend, aquamarine trimmed deep green.

SHTOFCHLOSHOOHOOHEOEEHOOHEOHHOOHOOH

wnron MEADOWS LOT a

All that lot of land having an area
of approximately 8,179 square
feet, being lot 248 of the
subdivision known as Winton
Meadows. Located thereon is a
single storey, single family
Firesidence of approximately 1,378
i square feet of enclosed living
space with three bedrooms, two
bathrooms, living and dining
rooms and kitchen. Ventillation is by central air-conditioning and ceiling
fans.

Oiwvections: Take Yamacraw Hill Road, to corner that takes you into
Winton Meadows, make first left, subject property is second on left
side, painted lavender trimmed white.

CRHOHHOHROERMOHDOEHORMNDOH DOR HOONH

GERALD BARTLETTE ESTATES Appraisal: $129,000.00
LOT 21 - OFF COWPEN ROAD

All that lot of land having an area
of 4,875 square feet being lot 21 of
the subdivision known as Gerald
Gartlette Estates, Located on this
prover. is a structure comprising
G-year-old single family residence
ee Papprocinately 1,004 square feet
of enclosed living space with two
ibedrooms, two bathrooms, living,
wtility, dining rooms and kitchen.
Directions: Travelling South on
} Gaitiou Hill Rd., turn Right onto Cowpen Rd. at the traffic light. Proceed West.
Take the second corner on the Right (Gerald Bartlette Subdivision). Subject
property is the third Retow sida hill, painted white sammed aeons

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Appraisal: $264,000.00



THE TRIBUNE

NVESTMENT OPPORTUNITY





Tarai ae

WESTRIDGE ESTATES
LOT 116

All that piece parcel or lot of
land being Lot 116, Westridge.
Estates comprising 1.05 acres.
Located on the subject
property is a two storey single
family residence comprising
entry porch, foyer, living room
with dual entry/exit to
adjacent porch, dining, family,
powder rooms, breakfast nook,
laundry room, back terrace and
three-car garage. Upper floor
consist of Master suite containing bed and hathroom, three additional
bedrooms and two bathrooms.

Appraisal: $948,000.00
























Directions: Travelling West on West Bay Street, turn left, at Super Value
Shopping Centre into Westridge Estates, take the first Right, subject will
be on your immediate Right, on the corner.

GREENING GLADE SUBDIVISION Appraisal: $75,000.00

All that piece parcel and lot of land described as lot 7 block 21, Albacore
Drive, Victoria Place and Mid Chipman Road, Unit 2, Greening Glade
Subdivision, Freeport, Grand Bahama. The lot contains 20,580 sq. ft.
‘| and zoned as multi-family residential.













LOT No. 20, BLOCK 1, UNIT 3
FORTUNE POINT SUBDIVISION = Appraisal: $38,000.00

All that lot of vacant land having an area of 12,650 sq. ft. being lot No.
20, Block 1 Unit 3 of the Subdivision known and designated as Fortune
Point Subdivision, Freeport, Grand Bahama. Duplex property zoning with
a rectangle shape.













LINCOLN GREEN, CANEBY CLOSE Appraisal: $38,500.00

Unit 5, Block 17, Lot #48 — Single family residence, Clearwater Close.
Located on fresh water canal. Approximately 17,404 sq. ft.




LOT No. 37 BLOCK 33
CHURCHILL COURT, BAHAMIA MARINA
& BAHAMIA 4 SUBDIVISION, FREEPORT,

GRAND BAHAMA

Appraisal: $337,000.00

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All that lot of and having an area of 16,533 sq. ft. Boing lot No. 37 of ‘the
subdivision known and designated as Bahamia Marina and Bahamia Section 4
Subdivision, Freeport, Grand Bahama. Located on this property is a structure
comprising a 3 year old duplex structure which covers approximately (3,058)
square feet. Apartment consisting of two 2-bedrooms, 2-bathroom with private
Jacuzzi in master bath, spacious living and dining room, full service kitchen, a
laundry and utility room, foyer/hallway with linen and storage closet. The
property is fuJly secured by six foot plastic coated chain-link fence runs along
the side and rear and adjoins the painted 4 foot wall, with 5 foot pillars at
front with electronic gate.

SCMSSHSSC HS Te SSR Sse se vvssvacease

FAIRWAY MANOR CONDOMINIUM Appraisal: $73,009.00



—"



“Aparinent 402, 2 aadvaoma: 2 bathrooms.
Lot 4, Block GN, Edward Birch Curt, Bahamian North

HOSMASSRSSA HSH HSMHASRH SMH HMVAHVS P

LOT 188 SCOTT AVE, EAST SECTION 1 SUBDIVISION,
FREEPORT, GRAND BAHAMA

Appraisal: $140,000.00

The subject lot is
approximately 12,322 square
« feet. Situated on this
\) property is a single story |
single family dwelling of
1 2,800 square feet of living
J space. This includes a small
§ front porch, a large foyer, a
‘sunken living room , with
fireplace and chimney, a
dining area, a_ full service
\ kitchen, a family room with
J adjoining laundry and

storage room. A hallway with linen closets, a hallway bathroom. Three
auxillary bedrooms with closets and a master bedroom with walk-in
closet and private bathroom. '

TO VIEW PROPERTIES GO TO:
www.stopnshopbahamas.com,
Click on “Real Estate Mall’ °
Click ON Doorway \
“Enter Online Store”

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eels TT hate OF SALE AND PR a INFORMATION CONTACT:
HARRY COLLIE @ 502-3034 — E-mail harry.collie@scotiabank.com or
—~ E-mail philipwhite@scotiabank.com

PHILIP WHITE @ 502-3077
Tee 356-3851 . send bids hog P. oO. Box N-7518 Rosetta Street, sdetaieihintaiedeaee? Bahamas ,,;:


INVESTMENT OPPORTUNITY
MUST SELL

FAMILY ISLANDS

ABACO Appraisal: $108,000.00

PORTION OF MURPHY TOWN CROWN
| ALLOTMENT, MURPHY TOWN, ABACO.

The property is 89 x 100 ft
and rectangular in shape. The |...
land is elevated 43

approximately 15 ft above ,
road level and approximately
25 ft above sea _ tievel.
Located on this property is a
twenty-year-old three
bedroom, two bathroom,
living, dining, kitchen and
laundry room house. The @
structure requires much !

attention.






SROSSTHOSHHOSHAOSTHSHUISROGSTSEHTSLVS

EXUMA

DUPLEX IN LOT 6625
BAHAMA SOUND No. 8, EAST, EXUMA

Trapezium shaped lot 35 |
ft. above sea _ level hs
comprising 10,000 sq. ft. |
Situated thereon is a 10-
year-old single storey
duplex, 2 bed, 1 bath,
kitchen, living/dining ©
area and porch. (Building
is in need of repairs).

Appraisal: $170,000.00

SHHSHEHHRORTORTHFe TIE BF eHTeRBEBRES

EXUMA Appraisal: $672,075.00

CASTELRAG ESTATES, LOTS 129 & 130
EXUMA HARBOUR SUBDIVISION

The subject property is located
on Kingway Road and _ is
developed with an area of
20,006 square feet. Situated cate
thereon is a residence |'!'!!)-
comprised of 3,645 square feet ‘\\\\))\
of living accommodations,
inclusive of 4 bedrooms, 2 |
baths, with laundry and utility
spaces and a two bedroom one
bath guest cottage of 600 \ ‘ S
square feet. The property is fenced with white picket fencing and has a
Gazebo at the highest portion of the property.







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SHSLSSLHSSLVSESSSESISSLSSF LOST ASBVOS

NORTH PALMETTO POINT
ELEUTHERA

All that piece parcel or lot of land and
improvements situated to the West of
the Settlement of North Palmetto
Point, on the island of Eleuthera. The
total area is approximately 8,118 |
square feet. Situated on the property
is a 26-year-old building, comprising
approximately 1,263 square feet of
enclosed living space and a basement
area of 144 square feet. Three
bedrooms, two bathrooms, living S S \
room, dining room, kitchen, utility room, and beauty parlour (an additional
480 square feet).

Appraisal: $134,822.00

PARCEL OF LAND, PALMETTO POINT
ELEUTHERA Appraisal: $112,105.00

All that piece, parcel or lot of land 2,743 feet East of the junction of
the Palmetto Point road and main Eleuthera Highway containing 2.45
acres. This site encompasses a 28-year-old single storey concrete
structure of approximately 832 square feet of enclosed floor space
inclusive of shop space and rest room facilities.

PROPERTIES

[aiibpbahamas. com
al Estate Mall”
Click ON Doorway
pore Store”

For ae - ae ee pa pee Feel
contact:

HARRY COLLIE @ 502-3034
ere aah hanteaneiins he cel sn die
eld
PHILIP WHITE @ 502-3077.
E-mail tala SL

Pex 356-3851 - send ee to o oO. Box N-7518
Rosetta Street, Nassau, Bahamas |
or Bcbhitsthietbhi ities seth hl















THE TRIBUNE

US budget defic

THURSDAY, JANUARY 24, 2008, PAGE | SB

=] SS





Ress”

set to hit $250m

@ By ANDREW TAYLOR
Associated Press Writer

WASHINGTON (AP) —
The deficit for the current bud-
get year will jump to about
$250 billion, the Congressional

' Budget Office estimated

Wednesday, citing the weak-
ening economy. And that fig-
ure does not reflect at least
$100 billion in red ink from an
economic stimulus measure in
the works.

“After three years of declin-
ing budget deficits, a slowing
economy this year will con-
tribute to an increase in the
deficit,” the CBO report said.

The figure greatly exceeds
the $163 billion in red ink reg-
istered last year. Adding likely
but still unapproved outlays
for the wars in Iraq and
Afghanistan brings its “base-
line” deficit estimate of $219
billion to about $250 billion,
the nonpartisan CBO said.

Senate Budget Committee
Chairman Kent Conrad, D-
N.D., said the 2008 deficit
would reach more than $350
billion once the costs of an
upcoming economic stimulus
measure under negotiation
between the Bush administra-
tion and Congress are factored
in.

The CBO crunches eco-
nomic and budget data for law-
makers.

Unlike an increasing num-
ber of economists, CBO does
not forecast a recession this
year. It instead forecasts a
growth rate of 1.7 per cent,
down from 2.2 per cent real
growth in the gross domestic
product (GDP) last year.

“Although recent data sug-
gest that the probability of a
recession in 2008 has increased,
CBO does not expect the slow-
down in economic growth to
be large enough to register as a
recession,” CBO said. The

CBO economic forecast was
completed last month, before a
recent spike in unemployment
and the release of disappoint-
ing holiday retail sales figures.

“A number of ominous eco-
nomic signs have emerged
since CBO finalized last month
the forecast underlying today’s
report,” said House Budget
Committee Chairman John
Spratt Jr., D-S.C. “Today’s
new economic forecast thus
adds to the growing evidence
that the economy has weak-
ened, and that policymakers in
Washington must take action.”

Testified

CBO Director Peter Orszag
testified before the House
Budget Committee. He
warned them again that
regardless of the short-term
fluctuations in the deficit, the
longer-term picture remains
bleak due to expected spiraling
costs of Medicare, Medicaid
and Social Security as the Baby
Boom generation retires.

“A. substantial reduction in
the growth of spending, a sig-
nificant increase in tax rev-
enues relative to the size of the
economy, or some combina-
tion of the two will be neces-
sary to maintain the nation’s
long-term fiscal stability,”
Orszag said.

Officially, CBO predicts the

2008 deficit at $219 billion, but
that figure fails to account for
at least an additional $30 bil-
lion in war costs and the likely
infusion of deficit-financed
economic stimulus measures
such as income tax rebates,
business tax breaks and help

for the unemployed now under -

discussion on Capitol Hill and
at the White House.

The deficit seems to be an
afterthought as lawmakers race
toward agreement with Presi-
dent Bush on a plan to pump

perhaps $150 billion worth
deficit spending into the «
omy. The bulk of the p
would come as tax cuts, ous!
Democrats are pressing !
additional help for a une)
ployed and people Poo.
stamps. Constitucnc: QO
in both politica! naath a
pressing for even more. su
as Democratic-sought aid
cash-strapped statcs and poo
ple with high heating buiils

Most of any econor
ulus bill would be retcascd
before the October J start 0}
the 2009 budget year, with an
benefits to the econon:
therefore federal revenue:
lagging behind.

The White House is set to
release its 2009 budget on Feb

‘ruary 4, and Bush ha
promised a plan that would
erase the deficit by 20:12 if his

policies are followed

The 2006 deficit was $248
billion and had closed from a
high of $413 billion registered
in 2004.

The deficit picture remai
worse than it was when Bus!
took office seven \ ears ago.
Then, both White House and
congressional forecasters pri
jected cumulative sur;
$5.6 trillion over the sub
quent decade.

Revenue

But arevenue bul!
a recession and the Sept

1, 2001, terrorist
adversely affected th
Several rounds of ‘ax
including Bush's signatir
$1.35 trillion 2001 tax cut. a!
contributed to the revi
deficits in 2002 atter four scat
of budget surpluses. Phe
national debt has risen to 99.2
trillion. “This guy wil!
close to doubling
the country during his
of presidency.” Conrad said.

the debi ot



Sa





Lot No. 1056
Pinewood Gardens Subdivision
i

All that lot of land having an area of 5,000 sq #,
being lot no. 1056 of the subdivision known as
Pinewood Gardens, the said subdivision situat
in the southern district of New pro\
Bahamas. Located on this property is a structure
comprising of an approximately 10 yr ald single
family residence consisting of approxinaitel\
1,205 sq. ft of enclosed living space with 3- |





NGeNncE



bedrooms with closets, 2-bathroom, linen closei
living, dining rooms, kitchen and covered front porch. the land is slightly elevated to disa iow the
possibility of flooding. the grounds are fairly kept.

Appraisal: $144,977.00

Traveling south on East Street to Sapodilla Boulevard, turn right at thatch Palm Street. tui
onto Rosewood Street, the subject property is the second on the right hand side painted blue

trimmed white.

BLACKWOOD, ABACO

All that lot of land having an area of approximately 258,064 sq. ft. This property is yet to reach its highest anc
is ideally suited to single or multi-family development as is the nature of surrounding properties within the con)
site may also serve well as a commercial site as the area remains un-zoned the property remains largely in its org
It is covered with low brush and broad leaf coppice vegetation intersperse with broad strands of mature Yellow Pin
to the area. The property is well drained and represents no immediate flooding danger under noimai

APPRAISAL: $219,354.40

The subject property is vacant and is situated at the Southeastern entrance of the Community of Blackwood, Ab.



Lot B, Wilson Street, Rock Crusher



property is undivided and comprises approximately 6 acres of a larger tract of land of approximate'\

All that lot of land having an area of 10,498 sq ft, being lot B, between the subdivision know! as Mok ¢
and in the vicinity of Perpall Tract situated in the western district of New Providence, Bahamas. Tls ))
is zoned multi family/single family. Also located on this property is a structure comprising of a dup
foundation level under construction, and consisting of approximately 1,566 sq. ft. of enclosed living spac

a patio consisting of 2/70,

sq. «Tt:
Appraisal: $97,214.00

the starter bars are in place and foundation

Traveling West on Farrington Road take a right after the PL.P headquarters, go about midways through
to Wilson Street, go though the corner all the way to the dead end. The property is located behind *h , s

linked fence at the back of the yard.





NORTH ELEUTHERA HEIGHTS (ELEUTHERA)

Lot #20 approximately 11,200 sq. ft., and bounded on North by Early Settler Drive and South by Deal Inve

Ltd., this is a single family zoning and 50 ft., abo’ 2 sea level. This site encompasses a foundation with pluni
and. roughing dnBIngs and well compacked quarry fill. The concrete floor has not been pourec as ye The
foundation is 2,511 sq. ft. Lot #20 situated 1.5 miles east wardly of the Bluff Settlement. The s aid lot is va

SPP taal: SA eroiod

and a hill over looking the Atlantic Ocean.



AMMAR AACE LRA een _ my

ae ale @) ay si ° ala harry. elie ro) ioc
PAGE 16B, THURSDAY, JANUARY 24, 2008

To advertise in
The Tribune - the re

newspaper in circulation,
just call 322-1986 today!

FOR SALE

| 2nd Floor unit at Love
Sm\colamen eral wenn

3. bedrooms

consisting of

completion
31/2
‘dining room and balcony facing the ocean.

baths, living room,

GT AU Tn UT ASIC Mm DIU L UNTO CUCCCONMe | TTD OSG

appliances including laundry washer and

dryer (all Frigidaire) central air. cetling fans

etc. beautiful beach, pool deck. 2) private

parking spaces, gated community, Priced to

: sell at $867. 500.00. The sale price includes
all closing costs. For

call 323-3495 (day) or

further imformation

Yona OOM MOLE Ie)

PROGRESSIVE SERVICE ORIENTED
COMPANY IS LOOKING FOR A
‘GENERAL MANAGER

Extensive background in managing an OEM Heavy
i Truck Sales / Service / Parts facility a must.
Background and knowledge of truck specification /
application mandatory. Background in Parts and
| Service management required on daily basis. Must be
jable to effectively administer all facets of business.
‘Minimum of 10 years experience preferred. Good
| people skills a must. Must have prior experience
/in parts order entry and supervising employees.
} Computer skills required on daily basis. Must be self
| motivated and work with little or no supervision.

TOP WAGES

We thank all applicants, however, only candidates to
| be interviewed will be contacted.

Please hand deliver resumes and references to:
Bahamas Mack Truck Sales Ltd..:
Oakes Field
P.O. Box N-44:

Nassau, Bahamas



SAFETY & STABILITY

dam Rated

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for institutional investors.

| With superior rates and daily liquidity,
the LOM USD Institutional Money Market Fund
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Ta contact an LOM Representative, please call:

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a ae eae



Le Ae Meier Crier in igs









LOM Securities (Rahamas) Limited
Centre of Commerce, 1 Bay Siréet, Suite 309
P.O. Box CB-12762/525 Nassau, Bahamas

Past porlarmunco is not naconanrily Indicative of future porfarmanse, & datailed fund prospectus Is avaliable.
LOM Sweusitins (Bahamas) Menited i+ licensed by the Securitios Commisvion af the Buhamsy.

Beach Walk out |

THE TRIBUNE

— Asian stocks fall more than 12

l@ By DAVID BARBOZA
and HEATHER
TIMMONS
c.2008 New York Times
News Service

SHANGHAI — The calm
seemed to return to markets
across Asian on Wednesday
morning.

After two brutal days in
which some Asian stock index-
es fell more than 12 per cent,
most of the exchanges across
the region rebounded, albeit
only modestly.

At midday, most markets
had recouped some losses, with
Japanese shares up less than
one percent and the Australian
stock market, which tumbled
7.1 per cent on Tuesday, its
worst single-day loss in nearly
two decades, ahead four per
cent. The battered Hang Seng
index advanced 4.5 per cent.
Chinese. equity indexes rose,
‘then fell back.

In Japan, the Nikkei aver-

age traded up more than three
per cent early in the. session,
but traders pared gains more
amid concerns of more prob-
lems in the United States.

rities, told Reuters that
investors were worried that
New York shares might con-
tinue to fall in trade Wednes-
day, which was making them
reluctant to hold on to posi-
tions.

Earlier in the week, the stark
sell-off that sent share prices
plummeting around the world
brought renewed concern that
the equity markets in China
and India might be overval-
ued. But while Chinese
investors and analysts worried
this might be the case and fret-
ted over the potential social
consequences, in India the
market chaos was often greet-
ed on Tuesday as a buying
opportunity.

The Chinese markets closed
Tuesday before the Federal
Reserve’s three-quarter-point
interest rate cut. The Shang-
hai composite index had
dropped 7.2 per cent, to close
at 4,559.75; the Shenzhen com-
posite fell 7.7 per cent; and
Hong Kong’s benchmark Hang
Seng index plummeted 8.65
per cent, to 21,757.63, way
below its high near 32, 000 in
October.

9.3 per cent over two days, its ©

worst such loss in 17 years.

Before Wednesday’s embry-
onic rally, Kwong Man Bun,
chief operating officer of KGI
Asia, a big futures broker, said:
“At this stage, you can say
there is panic selling i in the
market. We don’t think the
Hang Seng index has found its
bottom yet; the index will con-
tinue to go down and will only
find its bottom when external
markets, namely the US mar-
ket, stabilize.”

‘Indexes

The major indexes in China,
after reaching record highs in
recent months, have plunged
15 to 30 percent. .

Jing Ulrich of JPMorgan
said, “Looking back, it must
have been 10 years since I saw
this kind of thing happen dur-
ing the Asian financial crisis.”

Indian markets have been

on a tear for a year — with a
few stomach-turning drops and
leaps along the way. The Sen-
sex opened at a record of

high. At one moment during
the day, some of the biggest
Indian blue-chip companies’
stocks were trading down 30
per cent or more.

Wild daily swings of several
hundred points have become
common in Indian markets
because of a growing number
of momentum investors, an
influx of foreign cash and high-
ly leveraged domestic players.

_ While such gyrations might dri-

ve some in other markets to
store their cash in the mattress,
in India they seem to be whet-
ting investors’ appetites.
Neera Mathur, 61, a home-

‘maker in New Delhi who is

investing her husband’s sav-
ings, said Tuesday that her
stock portfolio had lost 20 per

‘ cent of its value in the recent

downturn.
' “I’m not worried because it
will come back again,” she

_ said. Ms Mathur has experi-

ence on her side — she esti-
mates that her investments
have grown 500 per cent in the
last 10 years.

In fact, she planned to invest



Yutaka Miura, senior tech-
nical analyst at Shinko Secu-

In Japan, the blue-chip
Nikkei index of 225 stocks fell

NOTICE

NOTICE is hereby given that MAXON JEAN of HIGH VISTA
OF THE EASTERN ROAD, NASSAU, BAHAMAS, is applying
to the. Minister resposible for Nationality and Citizenship, for
registrationmaturalization 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 17TM day of January, 2008 to the Minister responsible
for Nationality and Citizenship, P.O.Box N- 7147, Nassau,
Bahamas.

Legal Notice
NOTICE

THALWIL LIMITED

\
Notice is hereby given that in accordance with section

138 (8) of the International Business Companies Act

2000, the dissolution of THALWIL LIMITED has. been
‘completed;-a Certificate of Dissolution has been issued and
the Company, has therefore been struck off the Register.

__ARGOSA CORP. INC._
(Liquidator)

Legal Notice
NOTICE

MANKATO CORP.

— o—
Notice is hereby given that in accordance with section
138 (8) of the International Business Companies Act
2000, the dissolution of MANKATO CORP. has been
completed; a Certificate of Dissolution has been issued and
the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)











VACANCIES

Sales Agents / Account Department
Travel Agency

Must be self motivated person.
Must have ability to team work.
Analytical skills for sales.
‘Excellent interpersonal skills.
Must be Computer literate. Excel.
Spanish language is an asset.
Open to Bahamian residents only.







Applications must be submitted to:
P.O. Box EE - 16319, no later than February 4, 2008
Please submit your Resume and three (3)
written letters of reference.

Only applicants under consideration
will be contacted.

20,970 on January 8, some 51 _ further in stocks over the next
per cent eae than the year day or two. “The Indian econ-
before. But by Tuesda

it had lost 20 per cent Boa that SEE next page

NOTICE

NOTICE is hereby given that EVERTON JOSEPH of 48
FOSTER ST., CHIPPINGHAM, NASSAU, BAHAMAS,
is applying to the Minister :resposible for Nationality and
Citizenship, for registrationfaturalization 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 17TH day of January, 2008 to the Minister
responsible for Nationality and Citizenship, P.O.Box N- 7147,
Nassau, Bahamas.

Legal Notice
NOTICE

LEADING COMMERCE LTD.

Notice is hereby given that in accordance with section 138
(8) of the International Business Companies Act 2000; the
dissolution of LEADING ‘COMMERCE LTD: has been
completed; a Certificate of Dissolution has been issued and
the Company has therefore, been struck off the Register.

. _ ARGOSA CORP. INC.

(Liquidator)

Tapa Note
NOTICE

GOLD-MINE DEVELOPMENT
GROUP LTD.

Notice is hereby given that in accordance with Sectioa
138 (8) of the International. Business Companies Act
2000, the dissolution of GOLD-MINE DEVELOPMENT
GROUP LTD. has been coimpleted; a Certificate of
Dissolution has been issued and the Company has
therefore been struck off the Register.

ARGOSA CORP. INC.
_ (Liquidator)



Legal Notice
NOTICE

APPLEBEE VILLAGE CORP.

Notice is hereby given that in accordance with section 138
(8) of the International Business Companies Act 2000, the
dissolution of APPLEBEE VILLAGE CORP. has been
completed; a Certificate of Dissolution has been issued and
the Company has therefore been struck off the Register.

GOSA CORP. INC.

(Liquidator)


THE TRIBUNE /~



THURSDAY, JANUARY 24, 2008, PAGE 178

a NN
per cent in two ‘brutal’ days

omy is so robust,” Ms. Mathur

added, “that it will overcome
any impact of US recession.”
Her outlook is common in
India, where the booming
equity markets have been pro-
pelled by annual economic
growth around nine per cent
While China and other
Asian countries rely heavily on
the United States to buy their
exports, most of India’s growth
is linked to domestic infra-
structure construction and con-
sumption.
Strategists in India say the
_ recent.stock market plunge has
more to do with one-time fac-
tors than fundamental prob-
lems. The combination of fears
of an American recession, mar-
gin calls by futures and options
traders and a liquidity short-
age because of huge public
offerings led to the downturn,
said Nipun Mehta, chief exec-
utive of Unitis Tower Wealth
Advisors in Mumbai. |
The appearance of the
largest initial public offering
in india could have contributed
to the painful drops Monday
and Tuesday, some investors
say. The billionaire Anil
Ambani sold 10 per cent of his

Reliance Power to the markets
in a $3 billion stock issue that
closed last Friday, a deal over
subscribed more than seventy-
fold. Indian investors seized on
every bit of liquidity they could
find to buy the stock, equity
strategists said

When the market starts to
decline, there is normally
enough money to encourage
more purchases, but “hecause
of the large public offering, the
money was blocked,” said US
Roy, chief executive of SBI
Life Insurance.

The Indian growth story
“has been as strong as ever.
and is gaining strength with
every passing month,” he said.

Not everyone ts so opti
mustic. India has recently been
the “flavor of the month” for
international investors, and
domestic players have poured
cash into the markets, said
Abhay Aima, head of portfolio
and wealth management al
HDFC Bank.

UBS said in a report on Jan-
uary 4 that India had replaced
China as the most overvalued
market in Asia.

While the price of Hong
Kong-listed mainland China

companies had dropped since
October to 28.7 times earnings
from a high of 38, price-ecarn-
Ings ratios are ala record high
of 28 times earnings in India,
UBS noted, implying that cash
from outside the country was
artuificrally inflating stocks,

Buying

Net foreign buying in India
exceeded $17 billion in 2007,
UBS said. while in Asia over
all, foreign investors were net
sellers by $3.6 billion.

Chakri Lokapriya, head of
India equities al BNP Paribas
Asset Management UK, est
mates that Indian corporate
earnings Will grow 22 per cent

in the next fiscal year, even if

there is a global slowdown.

“What it comes down to is
there has been. a certain
amount of panic selling, which
is unwarranted,” Lokapriya
said. “For a long-term fund,
its a good buying opportuni-
ty.”

In a similar vein, Ulrich of
JPMorgan and other experts
were not willing to say that this
was the end of the bull mar-
ket in China. But they sounded
gloomy about the prospect of
stock gains in a weakening
global economy that could
damp Chinese growth.

‘Indeed, some analysts hint
that the Beijing government
might be forced to step in and
restore confidence in a market
susceptible to wild swings.

Legal Notice

NOTICE

KUKUNEST LIMITED



INSIGHT

For the stories behind
al Maleate ef I(o 14
| on Mondays

Legal Notice

NOTICE
CISCO VALLEY INC.

eo NE srtauilass rain, cat teat

\R aye F ‘ epretee edt

Notice is hereby given that in accordance with section
138 (8) of the Internauonal Business Capes \ct
2000, the dissolution of CISCO VALLEY INC. has been
completed; a Certificate of Dissolution has been issued and

the Company has therefore been struck off the Register

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

CICLAMINO LIMITED

moon: Pn

f
Notice is hereby given that in accordance with section
138 (8) of the International Business Companies Act
2000, the dissolution of CICLAMINO LIMITED has been
completed; a Certificate of Dissolution has been issued and

the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)



Legal Notice

NOTICE

TIFO VILLA S.A.

a
Notice is hereby given that in accordance with section
138 (8) of the International Business Companies Act
2000, the dissolution of TIFO VILLA S.A. has been
completed: a Certificate of Dissolution has been issued and

the Company has therefore been struck off the Register

ARGOSA CORP. INC. _

(Liquidator)



Mae ma are Be Ere

Notice is hereby given that i accordance with section

138 (8) of the International Business Companies Act

2000, the dissolution of KUKUNEST LIMITED has been
completed: a Certificate of Dissolution has been issued and

the Company has therefore been struck off the Register.

ARGOSA CORP. INC.

(Liquidator)







Legal Notice

NOTICE





SURRI GROUP LIMITED

sptorest

Notice is hereby given that in accordance with. section 138



(8) of the International Business Companies Act 2000,




the dissolution of SURRE GROUP LIMITED has been





completed: a Certificate of Dissolution has been issued and

the Company has therefore been struck off the Register.






ARGOSA CORP. INC.

(Liquidator)



Legal Notice

NOTICE

TROPICAL VALLEY INC.

Notice is hereby given that tn accordance with section 138
(8) of the International Business Companies Act 2000,
‘the dissolution of TROPICAL VALLEY INC. has been
completed; a Certificate of Dissolution has been issued and

the Company has therefore been struck off the Register.

~ ARGOSA CORP. INC.
(Liquidator)
!



ASSERT STREET REINO PTE ET

er TEE ETE ETT ES eh

Legal Notice

NOTICE










RUNNING RIVER INC.

Notice is hereby given that in accordance with section
138 (8) of the International Business Companies Act
2000, the dissolution of RUNNING RIVER INC. has been
completed: a Ceruticate of Dissolution has been issued and

the Company has therefore been struck off the Register,

~ ARGOSA CORP. ING.

(Laquidator)




LepatNoe
NOTICE



GALLOPHER CROSSING INC.



Notice is hereby given that in accordance with section 138
(8) of the International Business Companies Act 2000, the }-.
dissolution of GALLOPHER CROSSING INC. has been |.
completed; a Certificate of Dissolution has been issued and J.

the Company has therefore been struck off the Register. |"!
ARGOSA CORP. INC. +

| (Liquidator), we

Sri ydermiines bettie

' Legal Notice

NOTICE _



ENTREMONT HILLS INC.



Notice is hereby given that in accordance with section 138
(8) of the International Business Companies Act 2000,
the dissolution of ENTREMONT HILLS INC. has been
completed; a Certificate of Dissolution has been issued and
the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
. (Liquidator)

Legal Notice

NOTICE



TRUMPET SLOPES INC.

Notice is hereby given that in accordance with section 138
(8) of the International Business Companies Act 2000,
the dissolution of TRUMPET SLOPES INC. has been
completed; a Certificate of Dissolution has been issued and
the Company has theréfore been struck off the Register.

~ ARGOSA CORP. INC.
(Liquidator) . .

Legal Notice

NOTICE



ZONIAN OCEAN LTD.

Notice is hereby given that in accordance with section
138 (8) of the International Business Companies Act
2000, the dissolution of ZONIAN OCEAN LTD. has been
completed; a Certificate of Dissolution has been issued and

_ the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE



ROCKYSTONE GROOVES INC.

Notice is hereby given that in accordance with section 138

(8) of the International Business Companies Act 2000, the

dissolution of ROCKY STONE GROOVES INC. has been

completed; a Certificate of Dissolution has been issued and

the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)
PAGE 18B, THURSDAY, JANUARY 24, 2008

a a

Bond insurer in.

@ By MICHAEL J. de la
MERCED
c.2008 New York Times
News Service

THE Ambac Financial
Group, one of the largest com-
panies that insures against
bond losses, said Tuesday that
it was exploring “strategic
alternatives” as it announced a
$3.26 billion loss for its fourth
quarter.

Ambac’s shares surged more

than 28 per cent on the disclo- __

sure that it was in talks with
“potential parties.” In Wall
Street’s parlance, strategic
alternatives mean, among oth-
er things, a potential sale or
outside investment. Either
would help ease concerns that
Ambac lacks enough capital to
pay claims.

Driving the company’s loss,
which-amounts to $31.85 a
share, was a $5.21 billion write-
down on its portfolio of credit

derivatives. About $1.11 bil- |

liom was tied-to financial instru-

“We view the current perceptions of Ambac’s business by both
the market and ratings agencies as underestimating Ambac’s
strengths and future potential. As the market normalizes and

perceptions correspond more closely to reality, the market
will more accurately assess our assets and strengths.”

— Michael A Callen, Ambac’s new chairman and interim chief executive



“menis backed by subprime _

mortgages.

The news reflects the con-
tinued woes of Ambac and
others in the bond insurance
industry. On Friday, after
abandoning a plan to raise $1
billion in new capital, the com-
pany lost its most valuable

asset: a AAA credit rating that

allowed it to guarantee lower-
rated debt.

That move by Fitch Ratings
— and the threat of further

- downgrades-by the other two

major ratings agencies, Stan-
dard & Poor’s and Moody’s
Investors Service — capped.a
week in which Ambac lost
nearly three-fourths of its mar-
ket value.

Last Wednesday, Ambac
ousted its chief executive and
said it would cut its stock divi-
dend by 67 per cent.

“We view the current per-
ceptions of Ambac’s business
by both the market and ratings
agencies as underestimating
Ambac’s strengths and future

potential,” Michael A. Callen,

the company’s new chairman
and interim chief executive,
said in a statement. “As the
market normalizes and per-
ceptions correspond more
closely to reality, the market
will more accurately assess our
assets and strengths.”

A sale or investment offers
no guarantee of salvation, how-
ever. Last month, MBIA,
Ambac’s biggest rival, sold a
$1 billion stake to the private
equity firm Warburg Pincus.

Even after that deal was
announced, the company’s
shares slid another 73 per cent.

(MBIA shares rose 47 per cent .

on Tuesday, largely because of
a Barron’s article arguing that

the company is in better finan-’

cial health than Ambac.)
Until a few months ago,
bond insurance was a little-
known industry that guaran-
teed staid municipal bonds
from default. The service
allowed state and local gov-
ernments to issue bonds to

THE TRIBUNE

S3.26bn hit

raise money in the capital mar-
kets at lower cost.

But companies like Ambac,
moving far beyond their origi-
nal mission, also insured hun-
dreds of billions of dollars in
debt tied to risky subprime
home loans. As the market for
those loans collapsed, the com-
panies found themselves fac-
ing steep losses.

The pain suffered by Ambac
and other insurers has spread

far beyond the industry. State. .

and local government bonds
insured by the company have
already dropped in value.
Those governments may also
find it more expensive to issue
new debt.

Financial giants like Merrill
Lynch and Canadian Imperial
Bank of Commerce have also
felt the ripples from Ambac’s
troubles. Subprime-backed
bonds issued by those firms
and insured by Ambac have
dropped in value, raising the
prospect of even steeper losses
for those banks.

NOTICE |
RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the
following:

“ALL THAT” piece parcel or lot of land being Lot #3391
Sir Lynden Pindling Subdivision, situated in the Southern
District on the Island of New Providence one of the islands of
the Commonwealth of The Bahamas: Situated therorr is-a Singl®
Family Residence, consisting of (3) three bedrooms, (2) two
bathroom. .

Property Size: 5,000 Sq Ft

Building Size: 1,312 Sq Ft

This property is being sold under Power of Sale contained
ite Monaaue to FINANCE CORPORATION OF BAHAMAS
TED.

All offers should be forwarded in writting in a sealed
enevelope, addressed to the Manager, Royal Bank
Collections Centre, P.O. N-7549, Nassau Bahamas and
marked “Tender 2214”. All offers must be received by the
close of business 4:00 p.m., Friday 1st February, 2008.

NOTICE
RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the
following: : See Vt BAN iee 200s ewe Se cer eseet (sebeneS

“ALL THAT” piece parcel or lot of land being Lot #13
College Gardens, situated in the Western District on the
Island of New Providence one of the islands of the Commonwealth
of The Bahamas. Situated theron is a Duplex consisting of (2) two
bedrooms, (1) bathroom.

Property Size: 6,420 Sq Ft
Building Size: 1,456 Sq Ft

This property is being sold under Power of Sale contained
ea woraage to FINANCE CORPORATION OF BAHAMAS

All offers should be forwarded -in writting in a sealed
enevelope, addressed to the Manager, Royal Bank
Collections Centre, P.O. N-7549, Nassau Bahamas and
marked “Tender 8592”. All offers must be received by the
close of business 4:00 p.m., Friday 1st February, 2008.

Bis

Pricing Information As Of:
Wed 2)

Abaco Markets

Bahamas Property Fund
Bank of Bahamas
Benchmark

Bahamas Waste

Fidelity Bank

Cable Bahamas

Colina Holdings
Commonweéalthi Bank{S tyes en mere
Consolidated Water BDRs
Doctor's Hospital
Famguard

Finco ©

FirstCaribbean

Focol (S) ;
Freeport Concrete. ~

ICD Utilities ,

J. S. Johnson

‘Premier Real Estate

14.25 Bahamas Supermarkets
6.00 Caribbean Crossings (Pref)

41.00 ABDAB
14.00 Bahamas Supermarkets
0.40 RND Holdings

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

L SHARE INDEX - 19 Dec 02 = 1,000.00
52wk-Hi - Highest closing price in last 52 weeks
52wk-Low - Lowest closing price in last 52 weeks
Previous Close - Previous day's weighted price for daily volume
Today's Close - Current day's weighted price for daily volume
Change - Change in closing price from day to day
Daily Vol. - Number of total shares traded today
DIV $ - Dividends per share paid in the last 12 months
P/E - Closing price divided by the last 12 month earnings
(S) - 4-for-1 Stock Split - Effective Date 8/8/2007

NOTICE
RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the
following:

“ALL THAT” piece parcel or lot of land being Lot #42,
Foxdale Subdivision situated in the Eastern District on the
Island_of New Providence, one.of the islands.of the Commonwealth ~

“of The Bahamas. Situated theron is a Single Family Residence,

consisting of (3) three bedrooms, (2) two bathroom.

Property Size: 6,329 Sq Ft
Building Size: 1,247 Sq Ft

This property is being sold under Power of Sale contained
in . Mortgage to FINANCE CORPORATION OF BAHAMAS
LIMITED.

All offers should be forwarded in writting in a sealed
enevelope, addressed to the Manager, Royal Bank
Collections Centre, P.O. N-7549, Nassau Bahamas and
marked “Tender 0810”. All offers must be received by the
close of business 4:00 p.m., Friday 1st February, 2008.

RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the

-following: ---->>

“ALL THAT” piece parcel or lot of land being Lot #2 of
Tract Northernside of Adelaide, situated in the Western
District on the Island of New Providence one of the islands of
the Commonwealth of The Bahamas. Situated theron is two Town
Houses consisting of 1-(2) two Bedrooms, (2) two Bathrooms and
1 - (3) Bedrooms, (2) Bathrooms.

Property Size: 5,756 Sq Ft
Building Size: 1,715 Sq Ft

This property is being sold under Power of Sale contained
in i to FINANCE CORPORATION OF BAHAMAS
Li D.

All offers should be forwarded in writting in a sealed
enevelope, addressed to the Manager, Royal Bank
Collections Centre, P.O. N-7549, Nassau Bahamas and
marked “Tender 3359”. All offers must be received by the
close of business 4:00 p.m., Friday 1st February, 2008.

0.00 0.157
0.00 1.502
0.01 2,000 0.612
0.00 0.188
0.00 0.289
0.00 , 0.058
0.00 1.030
cr QO, oe ice ere neenene eore ODF corer
-0.33 11,233 0.426
0.32 0.129
0.00 0.316
0.00 0.713
0.00 0.829
0.00 0.914
0.00 0.359
0.00 0.017
0.00 0.411
0.00 1.059
0.00 1.167
PTGS ORES SS
ast Price Weekly Vol.

eau aiaecan era caticassteaacenas atanacatce cccgasces
959.68 7YTO 00.17% ¢2007,

YIELD - last 12 month dividends divided by closing price

Bid $ - Buying price of Colina and Fidelity

Ask $ - Solling price of Colina and fidelity

Last Price - Last traded over-the-counter price

Weokly Vol. - Trading volume of the prior week

EPS $ - Acompany's reported earnings per share for the last 12 mths

NAV - Net Asset Value

N/M - Not Meaningful

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

*- 18 January 2008
** =~ 31 Docomber 2007
*** . 31 October 2007

MEDICAL SUPPLIES & UNIFORMS ETC.
P.O. BOX CR 56022
medgear247@yahoo.com

m= NEW LOCATION

32 WEST AVENUE - RUAN HOUSE - SUITE#1
(West of Centre, i!le Primary School or South of Super Wash)

“Your choice for affordable medical supplies and uniforms”

Scrub Sets - Printed Scrub Tops - Dresses - Lab Coats / Jackets
Uniforms Sizes: X-Small tox CLOGS Sz: 5-10
A VAST VARIETY OF MEDICAL SUPPLIES

Cleaning items:-
Bleach Ammonia Joy Gain etc.
Hedy’s Pantyhose & Knee-Hi’s, AVON Products

**Use our Lay-Away Plan**
MASTER & VISA CARDS GOVERNMENT P.O. ACCEPTED
GIFT CERTIFICATES AVAILABLE TOO!!

MONDAY - FRIDAY 8:30 AM TO 5PM SATURDAYS 9AM - 1PM

356 - 6689

RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the

following:

“ALL THAT” piece parcel or lot of land being Lot #1218
Golden Gates Subdivision, situated in the Western District
on the Island of New Providence, one of the islands of the
Commonwealth of The Bahamas. Situated theron is a Single Family
Residence, consisting of 3 Bedrooms, 2 Bathrooms.

Property Size: 5,000 Sq Ft
Building Size: 1,315 Sq Ft

This property is being sold under Power of Sale contained
in a Mortgage to FINANCE CORPORATION OF BAHAMAS
LIMITED.

All offers should be forwarded in writting in a sealed
enevelope, addressed to the Manager, Royal Bank
Collections Centre, P.O. N-7549, Nassau Bahamas and
marked “Tender 4042”. All offers must be received by the
close of business 4:00 p.m., Friday 1st February, 2008.

RBC FINCO INVITES TENDERS

RBC FINCO invites tenders for the purchase of the
following:

“ALL THAT” piece parcel or lot of land being Lot #26 Frelia
Subdivision, situated in the Southern District on the Island
of New Providence one of the islands of the Commonwealth of
The Bahamas. Situated theron is a Single Family Residence,
consisting of (3) three bedrooms (2) two bathroom.

Property Size: 5,000 Sq Ft
Building Size: 1,220 Sq Ft

This property is being sold under Power of Sale contained
in a Mortgage to FINANCE CORPORATION OF BAHAMAS

LIMITED.

All offers should be forwarded in writting in a sealed
enevelope, addressed to the Manager, Royal Bank
Collections Centre, P.O. N-7549, Nassau Bahamas and
marked “Tender 1938”. All offers must be received by the
close of business 4:00 p.m., Friday 1st February, 2008.


THE TRIBUNE













- Tribune Comics _

esrb ohne



MR. CAESAR
WANTS TO BE IN THE
WING BUSINESS,
THAT'S ALL

)



COUNSELOR...
YOU'RE RUNNING
YOUR FINGERS
THROUGH YOUR

HAIR AGAIN





RED..-TELL KEITH
ANP TRUPI WHAT
CAESAR HAS IN














TRY ON THIS WIG AND SEE IF YOU'D
LIKE A SNAPPY NEW LOOK



SO, WHAT DO
YOU THINK?




{ THINK [ LOOK
LIKE AN IDIOT!

WELL YEAH, BUT YOU LOOK LIKE
AN IOIOT WITH A SNAPPY NEW LOOK



Both sides

#7653
#1075

MARVIN



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SATISFYING
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COMICS

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NORTH
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PAK

The bidding:
South
Dble
54
Opening lead — five of spades.
Everyone knows that each player
is dealt 13 cards and that each suit

West
29”
Dble

ITTLE PIGGY THAT WENT
‘WHEE, WHEE, WHEE ALL THE WAY HOME’?

AK QJ1072

North
Pass

ray

PF

contains 13 cards, but many players
neglect to take full advantage of this
knowledge. If they referred to that
magic number more often, they
would find that the play of the cards
is not nearly as difficult as it some-
times seems to be.

Here is a simple exercise utilizing
the number 13, East wins the open-
ing spade lead and continues the suit,
South ruffing with the ace of dia-



12-6
AnSINE-

ft





(©2007 by Mexth Americs Bymdicats, in. World rights reserved.






NON SEQUITUR

DANKE'® ROON\ CLERNING
ADVENTURE CONTINUES...

| DON'T KNOWN HOW
K TUNNEL GoT HERE
IN THE FIRST PLACE,
BUT | GUESS THINGS
CAN'T GET MUCIK

\WEIRDER
















\ STAND
CORRECTED



Oo We A ,.
Wal rst, OH URWERSAL PREIS HHO.







HOW many words of four letters
or more can you make from the \»
letters shown here? In making a
word, each letter be used
once only. Each must contain the
centre letter and there must be at
least one nine-letter word. No

in

DAY’S TARGET

Good 27; very good 40; excellent
54 (or more). Solution tomorrow.



‘é


TARGET

a
ad
13
SANE

Aes
CRYPTIC PUZZLE

DOWN



rE

i ACROSS

E
||
|_|
||
|_|
|_|
||
|_|





9 Inthe past strike, the other came 1 -Upwith the lark? (4-6)
out with (8) 2 Exotic—a mixture; half Tahitian (4)
)10 Mount and, turning, go off (3) 3 Material needed, should a vital body
11 Howyou said “I always keep my fie
/ windows open”? (6) part stop functioning (8) |
12 The girl, upset, has tolie back inside ff. No way booze js the cure! (7)
(6) 5 — Gives good teaching to, as to
! 13 Words of praise J utter gushingly growing public opinion (11)
about the British (7) 6 — Asthe flood abates, weakens (6,4)
8 = dell Bary having ewe 7 Poppycock! Hit the ball to
15 Having had one’s eyesight ruined by one side (6)
glasses? (5,5) Cutting the wood, chuck it
17 Deny, for the record, a missorting of outside (8)
! the mail (8) ‘B10 Sochummy with, it’s stupid (5)
18 Works out from the body shapes (7) 16 Feed, having grub, the spoon-bender
19 Take out “minor setback” (4) therein (7)
21 What the ball and chain gave you to . :
y. eat? (6) 20 Managed, for instance, to climb
24 Doing one’s best to provide the mountains (5) /
required extension? (5,2,3,7) 22 Though strangely tart, do appeal to
27 Heats, stirring, the cold contents of (7) ACROSS DOWN ss ‘th
the pouch (6) ‘ ‘ 9 Periodical publication (8 1 Americanstate (10
29 Cooks and defrauds (4) pgs _ hetiaged puBiler een 10 In favour (3) 2 Body powder (4)
30 Rid of vice and make money in the cruel (47) . Sas. sf! 11 Public speaker (6) 3 Make or become
process? (5,2) 25 Energy required to show your dislike 12 Travelling show (6) liquid (8)
33 Foldup and all fit into the wood of the show (3-2-3-2 13 Pilot’scom 4 — Glazed currant bun (7)
ip ‘ompartment (7)
casing (8) 26 Something from outer space seen, is 14 Prayer ending (4) 5 Understands (11)
35 By about a awoman is found: a clearly amazed by (6-4) : pote creel to} 6 un
predecessor ; oi nspects carefully _
36 “Gather” you stutter, “uncle ts back” 28 For travelling abroad, little tips that i 18 One more (7) 7 Jungle expedition (6)
(4) are lovely (8) 19 Competent (4) 8 — Having nowhere to
37 Youcantell the animal is in near 31 Dead sluggish (8) 21 Most recent (6) live (8)
hysteria (7) 32 Inshort, find an insect on the cheese —_ 24 Fantastic, irrational 10 — Selects (5)
38 Steps taken to ensure you reach the (7) QO. ‘ algae 4 16 Seer
heights (6) 34 While fabricating lies to protect th beatae meee
40 Providing with, while carrying out irl (6 Pa ee rs 29 Objectives (4) 20 Sweepingimplement (5)
one’s work (6) girl (6) . <{ 30 Pupil(7)} 22 Nonsense (7)
Al Said it’s self regard (3) 35 The old girl does get blazing (5) | uu 33 ee coin (8) - 23 Blown-up photo (11)
42 Deceived about the gun, one heard 39 It’s anachievement, getting proof of 35 Wasted (10) 25 Obliterates (10)
gun, \
(8) ownership (4) 36 Dread (4) 26 Drudgery (6-4)
‘ | 37 Naval commander (7) 28 Parody (8)
: 38 Permits (6) 31 Feeler (8)
40 Hit (6) 32 Cradle song (7)
41 Pistachio, say (3) 34 Root vegetable (6)
j 42 Supports, reinforces (8) 35 Swagger (5)
4]. Yesterday's cryptic solutions : 39 Plenty (4)

Yesterday's easy solutions
ACROSS: 4, Untidy 7, Pettiest 8, Thames 10, Cramp 13, Heap 14,
Amp 17, $wb 18, Pint 21, Pertinent 23, Peri 24, Tone 26, Got
32, Skit 33, Straw 34, Desist 35, Humorous 36, Stance

ACROSS: 4, Re-caps 7, Aleh-Ouse 8, Varlet 10, Cr
SI-LL 16, Its 17, T-W-in 18, Euro 21, A hard case
, Even 29, G-L-um 32, Grid 33, Geese 34, Alloys

“amp 13, Kegs 14, Hose 15,
23, Hist 24, Lama 26, P-OM 27,
35, Turn down 36, Br-end-a

. Di . ~ :
sem Watch 2, Te-X-as 3, So-up 4, Revel 5, C-a-RS 6, P-rest-O 9 A-gleam
» Rob 12, Meths 13, Kind-led 15, Sir 16, Ire 18, Wa-ter-y 20, Us-age 21, Al-M.

" 22, Can 23, Howler 25, B-us 28, Vi's-ta 30, Leroy 31, Means 32, Go-W-N 33

Gang(-way) 25, One 28, Lithe 30, Error 31, Twist 32, Sign 33, Show

. Kapi 15, Harp 16,
27, Claw 29, Rent

DOWN: 1, Speck 2, Strap 3, Lisp 4, Utter 5, Trap 6, Dreamt 9, Happen 11,-Red 12,
* Miser 13, Habitat 15, Hut 16, Ant 18, Tricks 20, Inert 21, Pet 22, Now 23, Potent

THURSDAY, JANUARY 24, 2008, PAGE 198























I CANT GETA









monds. Declarer next plays the king
of trumps, East showing out.

It is only trick three, but South
already knows a great deal about the
unseen hands. He knows West
started with exactly one spade and
four diamonds, and also knows from
the bidding that West has at least five
hearts headed by the ace and most
likely the jack.

At least 10 of West’s cards are
consequently known to be lodged in
three suits, which is merely a differ-
ent way of saying that West has at
most three clubs.

All declarer has to do now is to
take advantage of this knowledge.
He should realize that if he simply
draws trumps and then plays a low
heart to the queen, he will very likely
lose two heart tricks and go down
one,

To stop this from occurring, he
should cash the A-K of clubs, then
lead a low trump to the ten and muff a
club. This eliminates West’s clubs.

South next draws West’s last two
trumps, reducing all hands to four
cards, and plays the king of hearts.
West, with only the A-J-9-8 of hearts
left, must win with the ace and retum
a heart, allowing declarer to score the
ten. If West doesn’t take the first
heart, he makes South’s task even
easier. ,

SRE . So

d

dung
d geum gir
d grin

2
o
bo
go

B

§
wo
0:
3
&
S
A

ding hinge

HUMDINGER

drug

3S
3
F
Z

grime grime

ide her

ding dirge
grind gui

g germ gerun
im

grid gri

:
:
2

a
o
nO
3

YESTERDAY'S SOLUTION
hinged huge
hung hunger

dei
d

ay

word

hive

A colony of
bees



_ Evgeny Alekseev v Zhang 7
Pengxiang, Russia v China, Nizhny,

Novgorod 2007. Beijing's chess

chiets want their country to be 7
number one in the world, which
would be a remarkable feat
considering that Chinese chess, 5
which has different rules, is still the
game of choice for most of their
public. Already they have wonthe 5
women’s gold and the men’s silver
medals at the 2006 Olympiad but
their real target is to surpass Russia.
The recent team match ended 52.5-
475 in China’s favour, but it was a
somewhat hollow victory since for
various reasons Russia did not field
any of its elite grandmasters.
Moreover, Russia’s B squad gave the
visitors plenty of problems, notably
in today's puzzle where rising star
Alekseev, 22, had the experienced
Zhang Pengxiang in trouble right
from the opening moves. Here
Black's army is badly co-ordinated
with White’s e6 pawn a damaging
outpost. Black’s last turn was



BABY SITTER ANYWHERE!
WHAT SHOULD WE DO?

>



NE

WE WON'T BE GONE LOKS.
COUDNT CALVIN BE
LEFT FoR A COURLE
HOURS UNSUPERMISED ?

/

\ ©

THURSDAY,
JAN 24

AQUARIUS — Jan 21/Keb 18
No plans for your birthday,
Aquarius? Why not think creatively
and coordinate a hiking trip with
friends. The countyside looks beauti-
ful snow-covered. Virgo will help

PISCES -— Feb 19/March 20

Have you been waiting for some
good luck to come your way, Pisces?
Well, this week it just may arrive in
the form of an overdue check. Spend

|the money wisely, but have fun.

ARIES — March 21/April 20
Conceit can get you into trouble, Aries,
but you seem to ignore all warnings
this week. A coworker gets defensive
as a result. Money matters seem bleak
— reconcile bank accounts.
TAURUS - April 21/May 21
A great opportunity « i
Tuesday but you may be too buss \
see it coming. It’s best if you take
the day off to make the most of this
one-time deal. Libra is key.
GEMINI - May 22/June 21
You haven’t been feeling your best,
Gemini, and this week probably will
be no better. Relax, lay low for a
while and try to recuperate. A special
friend drops by for a visit.
CANCER - June 22/,july
It seems you've gotten yoursell
into another work bind. You just
can’t seem to find a place to work
that interests you, Cancer. Keep
‘looking: don’t settle for just any-
thing. Aquarius helps out.
LEO — July 23/August 23
Have you been feeling lonely, Lev? It
might be time to invite over some
friends to help beat the winier blues.
Thursday seems a good day for a late
dinner. Romance could tallow!
VIRGO - Aug 24/Sept 22
Too many road trips have pul wear
on your car, Virgo. You just made
the investment, so take it easy tor
a while. Tuesday is a good day for
relaxation -— something you need.
LIBRA - Sept 23/Oct 23
You've decided to jump in and
finally get that pesky task done
that’s been haunting you.
you! Wednesday is an tneventiul
day, so sleep in and enjoy it.
‘SCORPIO -— Oct 24/Noy 22
A better mood keeps you lively this
week, Scorpio. When you're on a
roll no one can match.your work
effort so make sure the boss sees all
of your hard work.
SAGITTARIUS — Noy 23/Dec 21
It seems you've been pondering
starting a new business. Remember,
being self-employed has its benefits
but also several downfalls — con
sider them carefully. Capricorn is
the one to watch out for this week
CAPRICORN -- Dec 22/Jan 20
A tip to the doctor has you mending some
of your wild ways, Capricom. Now ts not
the time for fun and games but concenta-
tion on setting a course for your future.
Expect Friday to be very exciting



ise

+9

dot bs



or



3000



b

queen's side castling, and he hoped
for the obvious 1 exf7+ e6 2 Bxeb+ Kbs
3 QeS+ Bd6é 4 QxaS Bc7 and White stilt
has to work for the point. However,
Russian champion Alekseev’s actual
move was much stronger and Black
had to resign immediately. What was
White's knock-out punch?

LEONARD BARDEN

Se
PAGE 20B, THURSDAY, JANUARY 24, 2008

THE TRIBUNE



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Insurer accused
of ‘bias’ against
Haitian clients

@ By JENNIFER KAY
Associated Press Writer

MIAMI (AP) — A life
insurance company previous-
ly sued for discriminatory poli
cies against blacks is now
accused of bias against three
Haitian-Americans, who were

asked leading questions about °

their foreign travel plans or

called by underwriters listening.

for a “Haitian” accent, accord-
ing to a federal lawsuit.

The class-action lawsuit by
three policyholders alleges that
since 2004, Liberty National
Life Insurance Company has
denied policies “based solely
on the applicant’s race and
Haitian ancestry, ethnicity and
national origin,” or replaced
them with policies normally
only sold to the terminally ill.

Two policyholders in Palm
Beach County qualified for
standard life insurance poli-
cies, but claim they were later
issued different policies that
had higher premiums and low-
er benefits.

A St Lucie County policy-
holder was issued a 10-year,
$100,000 life insurance policy
that he said was canceled two
years later after an underwriter
called him and subtly asked
him in friendly conversation if
he planned to ever visit Haiti.
He replied that he would like
to visit Haiti in the future, but
at the time had no money for
the trip.

The underwriter then told
him his policy was immediate-
ly canceled, according to the
lawsuit.
Â¥ Joyce Lane of Torchmark
Corporation, the parent com-

pany of Alabama-based Lib-
erty National, said she was
unfamiliar with the case and
would not comment on an
active lawsuit.

The new allegations are sim-
ilar to ones Liberty National
face several years ago. It was
accused of selling policies to
blacks for higher premiums
and lower benefits than to oth-
er customers. The company
settled the nationwide class-
action lawsuit for $6 million in
2006.

The Florida lawsuit seeks at
least $75,000 in damages.

“Liberty has known that the
targeted members of the black
Haitian-American community
are generally unsophisticated
with respect to understanding
the details of insurance and

financial dealings and are ill- -

equipped to understand the
technical language of Liberty’s
life insurance polices,” said the
lawsuit filed January 14 in Mia-
mi federal court.

More than a third of the
country’s Haitian population
lives in Florida, according to
the United States Census.

Liberty National trained
Haitian-American sales agents
to sell life insurance policies
door-to-door in Haitian com-
munities, according to the law-
suit.

Starting in 2004, Liberty
National began denying or
rejecting standard life insur-
ance policy applications filed
by those sales agents, even
though the applicants met the
company’s requirements, the
lawsuit alleges.

The application cannot by
law ask about an applicant’s

race, national origin or ethnic-
ity. However, Liberty Nation-
al underwriters allegedly asked
whether applicants had previ-
ously traveled or wanted to vis-
it Haiti. Some underwriters
also called applicants to “lis-
ten for a Haitian’ accent,” the
lawsuit states.

Life insurance companies
routinely ask potential policy-

-holders about their foreign

travel, along with questions
about smoking or risky hob-
bies such as skydiving, said
James Hunt, a life insurance
actuary with the Consumer
Federation of America.

They cannot terminate a pol-
icy because of foreign travel,
but can refuse to issue one in
the first place, Hunt said. Com-
panies also have a limited
amount of time to contest a
policy and rescind it if infor-
mation on the application was
misrepresented, he said.

“If you’re going to Iraq,
nobody wants to write you a
life insurance policy,” Hunt
said. “Most of us know Haiti
can be a dangerous place.”

The US State Department
has issued a travel warning for
Haiti, due to ongoing security
concerns in the impoverished
Caribbean country, including
the risk of kidnappings.

The lawsuit also claims that
many applicants were also
asked to provide immigration
papers, a Social Security card
or a driver’s license — docu-
mentation not demanded of
other customers.

The lawsuit also alleges that
the company failed to pay.
death benefits due on policies
sold to Haitians.

ave alittle,

Win a lot

a C€ cha la

oy cy og 4
rea CU

For more information visit any branch of FirstCaribbean International Bank.

Or call:
New Providence - 502-6800/01
Family Islands - 1-242-300-2255

aepayhy



The prizes get bigger
and bigger every month!

November - $1,500

December -

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January - $3,500
February - $5,000

Grand Prize $20,000
paid over a 12 month
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www flestearibbeanbank, com

FIRSTCARIBBEAN

INTERNATIONAL BANK
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