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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This item has the following downloads:


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HURSDAY, FEBRUARY 14, 2008








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Stabbing: Teen refused bail

16-year-old accused

of the death of fellow.
student is remanded to
Her Majesty’s Prison

@ By NATARIO McKENZIE

THE 16-year-old boy accused
of the stabbing death of a fellow
C C Sweeting Senior High

- School student earlier this week,
was remanded to Her Majesty's
Prison yesterday despite
attempts by his lawyer to have
him released on bail.

The accused, of Gerald
Bartlette Estates off Cowpen
Road, was arraigned before
Chief Magistrate Roger Gomez
at Court One, Bank Lane,
charged with the murder of:
Rico Ramond Farrington, 17.

According to court dockets,
the accused is charged with
intentionally and unlawfully
causing Farrington's death on
Monday, February 11. Fourteen
witnesses are listed on court
dockets.

Reports state that Farrington,

- who was a 12th grade student at

C C Sweeting Senior High
School, was returning to class
from the school's tuck shop
around 11.55 am on Monday
when he was approached by
two male students. An argu-
ment reportedly followed result-
ing in the victim being stabbed
in the chest. Farrington, a resi-
dent of Milton Street, was pro-
nounced dead shortly after
arriving at the hospital.

The accused was informed by
Chief Magistrate Gomez yes-
terday that he was not required
to enter a plea to the murder
charge. Sergeant Herbert Dun-
combe, the prosecutor,
informed the court that the
prosecution intends to proceed
with a Voluntary Bill of Indict-
ment. Sergeant Duncombe also

SEE page 14

Murder convict is
sentenced to death

l@ By NATARIO McKENZIE

MURDER convict Ian Knowles was sentenced to death yes-
terday for the brutal slaying of Jermaine "Bobo" Thompson in April

2004.

Thompson's partially decomposed body was discovered at Mer-
lin's Lair, a blue hole in Abaco on April 10, 2004. His body was
found wrapped in a sheet secured by duct tape and weighed by
heavy silver chains with padlocks and tied with rope to a concrete
block. Thompson, 30, was found to have died from a stab wound to
the right lung and multiples stab wounds about the body. Knowles

SEE page 17









Christie Tat PLP’s 50th convention



bring hope to people everywhere in the Bahamas. » SEE PAGE SEVEN

ES ISTORII
{o contravene Bahamas Gustom's Tariffs

Zhivargo Laing

m@ By PAUL G TURNQUEST
Tribune Staff Reporter

_THE Minister of State for
Finance ‘Zhivargo Laing came
under fire yesterday in the
House of Assembly for alleged-
ly attempting to contravene the
Bahamas Custom’s Tariffs to
help his sister-in-law ‘receive a
lower tax rate for the importa-
tion of juice drinks to the

pturnquest@tribunemedia.net ~

Felipé Major/T ribune staff






Bahamas.
Challenged on the matter by

matter.

Department about the duty rate

SEE page 16

Bishop Simeon Hall attacks Bar Council

justice.”

MP expresses
concern about
‘prostitution ring’
in Golden Gates

SHANE Gibson, PLP MP for

? Golden Gates, expressed con-
: cern in the House of Assembly
i yesterday about a “prostitution
:_ ring” that is proliferating in his
? constituency.

Over the past nine months,

: Mr Gibson said, he has received
: a number of complaints from
? his constituents.

“Some of the concerns, Mr

: Speaker, are concerns about
: prostitution, about individuals
? running what people call pros-
: titution rings, whore houses.
i They are concerned about indi-
: viduals who they... I saw some-
thing in the papers this morning
? where individuals continually
: get involved with minors,” he
: said.

Mr Gibson promised that he

will speak more to this problem
: in his constituency at a later
: date.

Govt and

Opposition to

PLP LEADER Perry Christie speaks to the press yesterday at the PLP headquarters. Mr Christie formally :
announced his party’s 50th convention yesterday at Gambier House declaring it is still his view that the ‘over-. :
whelming majority’ of Bahamian people view the PLP as the only party that can address the country’s ills and :

form select
committee
on crime

| By BRENT DEAN

Tribune Staff Reporter
bdean@tribunemedia.net

GOVERNMENT and the

: Opposition agreed yesterday in
: the House of Assembly to form
Frank Smith, PLP- St Thomas }
More MP, Mr Laing promised ;
to make a full report on the }
_ | which violent crime increased

, Admitting that a complaint :
was made to the Customs }
; committee was advanced by the
charged for the import of the ;
drink, Mr Laing said that the ;
?. described the conditions of fear
: and heartbreak many Bahami-
: ans feel as a violent crime soars

Menten edeneneneeneneeeene ees es ee sbene Denes eee eens eRe ee Ene ee antes EDs es EERE NDE DESEDE EOE DEEOEESEDEESORERE ODE RE EOS ES EERE En ESEEEEDAEnEAEASESHAGESEHERaenenseneesuensnaeauesensuauanasansaeenenensessesesened — f

: in the country.

a select committee on crime, in
wake of the record breaking
year of violence in 2007, in

by 38 per cent. .
The motion to form the select

Opposition PLP, whose lead
speaker Dr Bernard Nottage

“Today when a parent or

guardian gets a call from a
: school they are reluctant to take
: that call. And over the last sev-

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













Bishop Hall, chairman of the National Advisory
Council on crime, identified lawyers themselves
as exacerbating the woes of many members of the
public who have cause to go to the courts, ulti-
mately contributing to the sense of disenfran-
chisement among many Bahamians.

“While parental discipline is pivotal to the ideal
for a crime free society, the legal system is a major

SEE page 16

? eral.months such calls have
? been made to inform them that
: there has been an incident at
: school. And in too many cases
: they never see the child who
: left home, for the supposedly
: safe confines of the school, alive
: again,” he said.

SEE page 14

BISHOP Simeon Hall attacked the Bar Council
yesterday for alleged ineffectiveness in keeping
“greedy unscrupulous lawyers” in check.

That was one of several complaints against the
legal fraternity and system in a scathing statement
issued in which he proposed that “no society has
ever achieved peace without first achieving

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PAGE 2, THURSDAY, FEBRUARY 14, 2008

THE TRIBUNE



aie eam eRe TONTE IO aaa
Tornado touches down on

south-west Grand Bahama

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@ By DENISE MAYGOCK
Tribune Freeport
Reporter
dmaycock@tribunemedia.net

FREEPORT - A tornado
touched down on Wednesday
morning in the south-western
part of Grand Bahama, caus-
ing extensive damage at the
Lucayan Harbour.

The company reported that
terminal buildings, warehous-
es, power lines and fencing at
the harbour were affected by
severe weather caused by the
tornado.

Meteorologist Donna Dun-
combe said that the Grand
Bahama Weather Department
received reports at around
7am of a tornado in the vicin-




























THE TORNADO caused damage to this building at the Lucay

ity of the harbour.

A press release issued by
harbour officials said no one
at the facility was injured dur-
ing the incident.

They said an approach
buoy, which was reported
missing yesterday morning
from the harbour, was discov-
ered-on the beach at Our
Lucaya — a significant distance
to the east.

Major damage was sus-
tained to Warehouse 12,
which houses the administra-
tion staff for the Facilities
Department and the Mechan-
ic Shop.

The roof of the building was
torn off by powerful winds

and an entire portion of the
wall was blown down, expos-
ing the building’s interior.

Terminal Two, where the
Royal Bahamas Police is
housed, was also extensively
damage when a.portion of the
roof collapsed into the struc-
ture.

There was visible structural
damage at the east side of the
building. The cargo section of
terminal two was also dam-
aged.

A trailer-truck also over-
turned causing damage to a
pick-up truck.

Although the company did
not’shut down, operations
were temporarily affected at




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the harbour as work crews
were called in to repair
downed power and utility
lines.

“Thanks to the quick action
of the administration and staff
of the harbour, the facility is
open and operating as usual.”

“All damaged buildings
have been secured with bar-
ricades and red caution tape
for crowd control; facility elec-
tricians have turned off the
power to these building
because of the amount of live
electrical wires,” said the com-
pany’s statement.

“GB Power; Cable
Bahamas and BTC were all
called in to make the neces-
sary repairs to restore com-
munication, and to secure a
number of live lines that came
in contact with metal fences
and properly reconnected
them.”

Due to the unsafe condi-
tions of the Facility Depart-
ment, company officials have
temporarily relocated it to
Warehouse 11 until further
notice.

There.was no damage to
Warehouse Five or Terminal

1, which is used by Discov-
ery-Cruises.

Due to strong winds, the
company suspended

clean-up operations until
today.

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

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









‘ny a
en ee






| TR dp eae Ree es)



THE TRIBUNE

THURSDAY, FEBRUARY 14, 2008, PAGE 3



PN Ee
Ministry takes any

allegation of sexual
misconduct in education
system ‘very seriously’

© In brief

17-year-old
arrested in
connection
with assault
rifle find
THOMPSON

tthompson@
tribunemedia.net

A 17-YEAR-OLD boy is
in police custody following
the discovery of an AK-47
and drugs on Tuesday,
police said.

Officers from the DEU
were reportedly on patrol
in the Andros Avenue area
at around 9am on Tuesday
when they saw a suspicious
individual riding a bicycle.

The officers conducted a
search of the area and
found the loaded AK 47
assault rifle and a quantity
of marijuana.

The 17-year-old was tak-
en in for questioning and is
currently helping police
with their inquiries.

@ POLICE are actively;
seeking the whereabouts of :
a woman who stabbed :
another woman in the neck
area on Tuesday.

According to police
reports, while in the Pride
Estates area at around
7pm, a 34-year-old
woman was involved in a
dispute.

She was stabbed to the ©
neck with an unidentified
object by another woman. '

The victim was taken to
hospital for treatment
where she was listed as sta-
ble, police said.

Carl Bethel responds
to question in House

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

EDUCATION Minister Carl Bethel assured
the public that his Ministry takes “very seriously”
any allegation of sexual misconduct in the edu-

cational system.

Responding to a question posed by the member
of parliament for West End and Bimini Obie
Wilchcombe during Opposition Day in the House
of Assembly yesterday, Mr Bethel promised that
the physical and emotional well-being of students
are of paramount importance to his ministry.

“Let me say clearly, emphatically, and so that
anyone in the sound of my voice will not have one
iota of doubt, that the physical, the emotional,
intellectual, and cognitive welfare of all children
in the educational system is the highest, indeed
the paramount priority of this Ministry of Edu-

cation and this minister.

“All matters drawn to our attention are appro-
priately dealt with by the responsible officials in
the ministry or the Department of Education.
They are referred to where necessary for legal
advice and they are appropriately being dealt
with where necessary steps are taken further than

that.”

This came in the wake of the Ministry of Edu-
cation launching an official investigation into
reports of sexual misconduct beiween a female
teacher and a male student at a government high

school.

The teacher and the student have since “tarted

to receive counselling for the matter.
Since this initial report, two other students
- have come forward claiming to have

ae stile

years.

involved sexually with their teachers, and
that the relationships spanned a number of



Mr Bethel said that he could not comment on

how such matters may have been handled under

previous administrations, but assured the Bahami-
an people that if any such matters are drawn to his
ministry's attention,
tiously, responsibly, and with a view towards the

“they are dealt with expedi-

welfare of all children in our care.”

Neen

ed,” he said.

“l want all children to know that this ministry
will respond to anything that causes them to feel
uncomfortable in any way, abused, or molest-

Claim that govt will ‘wreck’ economy if it
sions onto Economic Partnership Agreement

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

GOVERNMENT has been
warned that if it does not resist
signing onto the Economic Part-
nership Agreement, it will
“wreck” the Bahamian economy.

Attorney and PLP hopeful
Paul Moss told The Tribune yes-
terday that he believes govern-
ment must not “really under-
stand” the implications of the
EPA.

“Tf they did, they would not
seek to sentence the Bahamian
people to economic death,” he
said.

For the last 32 years, African,
Caribbean and Pacific (ACP)
countries have enjoyed duty-free
access for most of their goods —
primary among these for the
Bahamas include Bacardi prod-
ucts, lobster and Polymers prod-
ucts — to the EU market, while
not being required to offer the
same level of duty-free access to
EU goods entering their markets.

In this way, the Bahamas has
protected its developing econo-
my from the impact that a free
flow of EU goods — produced
much more cheaply — could have
on their industries, by adding cost
in the form of customs duty.

However, World Trade Organ-
isation (WTO) member countries
who were not a part of the
ACP/EU agreement considered
that their goods and services were
being discriminated against.

After the signing of a WTO
‘Agreement in 1994, many EU
and ACP countries committed
themselves to the principle that
countries should not discriminate
against each other in trade.

A “waiver” offered by the
WTO to EU and ACP countries
from the requirement to comply
with its principle of non-discrim-
ination expired on December 31,
2007.

This is why CARIFORUM
negotiators, on behalf of CARI-
COM members such as the
Bahamas, have been working out
a new trade agreement with the
EU - the EPA - that complies
with the WTO’s trade rules.

Under the new agreement,
forged in intense negotiations, the
Bahamas and its fellow ACP
countries, should they choose to
sign on, can maintain their duty-
free access for their exports — if
and only if they in return allow

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the same access for EU goods
into their markets.

In his statement, Mr Moss said
that while he understands gov-
ernment’s concern about the
importance of maintaining the
level of access currently enjoyed
by this country to the EU mar-
ket for companies such as Bacar-
di, Polymers International and
the country’s lobster industry, the
agreement is by and large “egre-
gious to the overall health of the
Bahamian economy.”

“We say that since Bacardi is
leaving the Bahamas next year,
Polymers is taking advantage of
the Caribbean Basin Initiative by
sending its goods to the USA and
our lobsters are in demand in
North America, we should forgo
this agreement,” he said.

Mr Moss pointed out that
under the EPA, the Bahamas also
will be required to liberalise its
service industries and remove
many tariffs from its borders,
allowing European tourism and
banking companies to compete
with Bahamian ones and losing
the current primary means of rais-
ing government revenue. Inter-

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nal taxes will have to be imple-
mented to replace these funds,
other commentators have stated.

Another element of the EPA
allows for Europeans to compete
with Bahamians for government
contracts. “In short, the EPA is
CSME (Caribbean Single Mar-
ket and Economy) and WTO,”
asserted Mr Moss.

“We submit that in our lead-

ers’ zeal to please those from the |

outside they will sign on to any-
thing — we simply cannot jump
to the tune of someone else’s

iim tsee
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drum on these initiatives. We
need to develop our economy
before we open it up as is pro-
posed,” he said.

Minister of State for Finance
Zhivargo Laing has told The Tri-
bune that this country would have
to liberalise — that is, open up to
EU competition — 75 per cent of
its services industries if it signs
onto the EPA and opens up 82.7
per cent of its EU goods tariff
lines to import duty elimination
within 15 years of the agreement
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PAGE 4, THURSDAY, FEBRUARY 14, 2008

THE TRIBUNE



EDITORIAL/LETTERS TO THE EDITOR



The Tribune Limited

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

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

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

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

Piblisher/Edior 1972-

Published Daily Monday to Saturday

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

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

It’s the responsibility of all of us

LAST NIGHT the House agreed to the
Opposition’s request for the appointment of
a select committee to investigate this coun-
try’s escalating crime — its causes and its
solution, with power to send for persons and
papers to help them with their probe.

We agree with Bamboo Town MP
Branville McCartney, who opened the debate
for government, when he pointed out that
over the years the crime problem has been
thoroughly debated, and an in-depth crime
report has even been produced. Bahamians
do not want more talking, they don’t.want
more committees or commissions, they want
action. And they want it now.

The community’s missing link is a disre-
spect for law and order and a lack of a sense
of decency.

Mr McCartney said that the public should

not look for quick solutions, but rather must -

understand that the prevalence of crime is a
problem that all social partners had to col-
lectively address.

Crime, he said, is everybody’s business.
It was not the business of the police alone to
solve, it was the business of every man,
woman, and child. They all had to be a part of
the solution, but today too many of them are
a part of the problem.

Examples of correct behaviourvhad to
come from the. top. This included politicians.
As we all know from recent public scandals,
a few politicians have been anything but role
models.

In fact they have become part of the prob-
lem. How many times over the years — par-
ticularly in the eighties — haven’t we heard
young people say: “If Mr So-and-So can do it it,
why can’t I?”

In the context of our society, the answer
was easy: “In our society, Mr So-and-So does-
n’t go to jail, but you do.” This situation has
certainly contributed to anti-social, even defi-
ant behaviour and built up resentment against
the group that would include Mr-So-and-So.

“Every last one of us,” said Mr McCart-
ney, “every citizen, every resident, every man,

woman, boy and girl must take responsibility. ©

We must all watch each other’s back.-We
must take care of our corner. Yes, we are

indeed our brother’s keeper. We must ensure ~

that we do not harbour criminals in our
house; on our block, or anywhere in our
neighbourhood. This problem will not go
away unless we, we, stop it. All of us, Mr

Speaker, all of us must work together to stop
it.”

Sacha Armbrister, executive vice president
of the Bahamas Youth Council, at the open-
ing of the first National Youth Anti-
Crime and Non-Violence Forum, said it all
when she spoke to the community.

She pointed out that the only way that
Bahamians can defeat crime and criminality
would be by making a conscious decision to
stop knowingly protecting drug dealers,
thieves, rapists and murderers and all other
criminals.

How many times have we had mothers
crying in our editorial office about their
“sood.son,” their “loving son” who never
forgot his mother when alive, and now he
was dead. On further investigation, our
reporter would discover that the beloved son
was dead because of his lifestyle — a lifestyle
that his mother chose to ignore because the
proceeds from his drugs gave her a life of
comfort. And yet, this mother would cry out
to the police and government to protect her
home and her neighbourhood from crimi-
nals — forgetting that her dearly beloved
son was one of them.

If these mothers would sound the alarm

‘when their sons start to stray, many of these
sons would be alive today. If the courts would

have kept some of the offenders awaiting tri-
al in jail a little longer, they too would have

“been alive today. Most of the crimes now

being committed’ — with the exception, of
course, of violent crimes involving students —
are drug related. They are often cases of one
man with a police record settling an old score
with another man with a similarly long record.

In most cases over the past year and a
half when police stand over a bullet riddled
body, their remark is: “He is well known to
the police.”

When the police press officer then tells
reporters that the culprit they are looking
for in the first man’s death, is also “well
known to the police” no reporter needs an
interpreter. Reporters know that both men
have long rap sheets, and that they were
probably out on bail awaiting trial.

And now we have a select committee. We
have more talk. However, while the politi-
cians talk, we hope that the community will
get on with the job of cooperating with the
police and getting the criminals behind bars
— even if it might be a mother’s own son.



NEED-SOLUTION SELLING

Bay Street
needs some
sprucing up

EDITOR, The Tribune.

WE ARE hearing nowa-
days much from the Prime
Minister and Minister Earl
Deveaux as to plans for Bay
Street — Arawak Cay, etc,
however in reality are they
talking double-talk?

We accept there is a busi-
ness problem on Bay Street
but generally, except for the
ugly banners and one or two
buildings that the owners need
to paint, Bay Street does not
look too bad although it could
do with a general sprucing up.

I suggest to achieve this we
need the Prime Minister to
invite the Queen to visit —
find some historical anniver-
sary and invite her or one of

_ the Royals — we will all get

together and clean up every-
where.

I recall it was back in the
FNM’s first term that Her
Majesty last visited and basi-
cally the last time we really

LETTERS

letters@tribunemedia. net




looked good.

Dealing with business on
Bay is more difficult and will
take time however most
accept that unless the land on
the waterfront which has to
have a different use, the con-
tainer docks gone, is complet-
ed we are unable to even con-
template developing what is
probably the most valuable
real estate in New Providence.

The cause for the economic
downturn is a direct result of
the development, especially
on Cable Beach of the “all-
inclusive” concept for the
hotels — why should I visit
downtown if all my meals are
already paid for?

The four-star Bay Street
restaurants, Black Beard’s -
El Toro, etc, slowly died and
with that Bay Street — the

new incentive for Tourism
related businesses this applies
for them.

BEC could check their
poles and replace the old rust-
ed ones — have you noticed
those ugly banners on the first
floor of the first building on
the north side of Bay right
after turning from the Hilton?
You see if the Special Archi-

tectural Committee of Town

Planning visited Bay Street
more often they would see
these violations and remedy
the ugliness.
Big banner signs screaming
Discount Sale does not give
the image of a once regal

shopping area but we see

those banners everyday.
Did Town Planning give
permission?

B FERGUSON
Nassau,
February, 2008.

‘Papa Doc’ is one of the best
books I have read in a decade

EDITOR, The Tribune.

I am constrained to pen this
short letter to you to publicly
compliment your Managing
Editor, Mr John Marquis, on
his extremely well-written
book, “Papa Doc”.

This book is one of the best
that I have had the privilege
and pleasure to read in almost
a decade.

I thank my lovely wife,
Antoinette, profusely, for giv-
ing me a copy of this book for
my birthday present (January
14th, 2008).

Each evening, I am com-
pelled to read a chapter or
two.

“Papa Doc” chronicles the
rise and fall of the late Haitian
President for Life, Doctor
Francois Duvalier.

Mr Marquis’ style and prose
are incomparable.

This book is a must read for
all serious students of history
and would-be politician.

Many of the traits ascribed
to Dr Duvalier in this master-
piece, are able to be attributed

to most of our local politicians.
The good doctor started out
as a humanitarian and a do-
gooder, but transformed him-

self into a voodoo high priest~

and an ally of Baron Samedi;
the Haitian god of the dead.
He was trained to save life but
ended up personally supervis-
ing the execution of his real
and perceived political oppo-
nents.

I would encourage Mr
Marquis to write a similar
book about our own late great
Sir Lynden Oscar Pindling.
Others have done so, but none
of them, with all due respect,
have the style, skills and com-
mand of the written word the

way John has.

A journalist who is known,
throughout the world, for
these attributes is the appro-

'priate-person: to write such a
‘book.

And, please Brother Mar-

quis, Write such a book in a
timely manner, while we are
still youthful enough to enjoy
it.
To God then, in all of these
things, be the glory, for you
have written a fascinating
political and anthropological
book.

ORTLAND H. BODIE JR.
Nassau,
January 26, 2008.

English and mandarin

EDITOR, The Tribune.

I would have thought that a reasonable fluency in English
would have been a requirement, in order to learn mandarin.

KEN W KNOWLES, MD
Nassau,
January 31, 2008.

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THE TRIBUNE

THURSDAY, FEBRUARY 14, 2008, PAGE 5





Twenty-three —

weet” Will not step down at convention

on Abaco

m@ By DENISE
MAYCOCK
Tribune Freeport
Reporter
dmaycock@
tribunemedia.net

FREEPORT - Twenty-
three illegal immigrants
of various nationalities
were apprehended on the }
island of Abaco early this:
week. :

According to Chief
Supt Basil Rahming, two ;
separate groups were tak- }
en into custody by immi-
gration officials at Trea-
sure Cay on Monday.

A surveillance opera-
tion was conducted
around 10am when 20
persons, including nine
men and five women of
the Dominican Republic,
five Brazilians, and one
Ecuadorian, were discov-
ered hiding at the Trea-
sure Cay Resort and
Marina.

Mr Rahming said none
of the nationals was able
to produce documenta-
tion authorising them to
be in the Bahamas.

He said it is believed
that the group was
expecting to be smuggled
into the United States
from the Bahamas.

He reported that later
in the afternoon, immi-
gration officials also
apprehended three illegal
TTaitian nationals at
Treasure Ca °

The _roup, transported
to New Providence, is
detained ai the
Carmichael Road Deten-
tion Centre awaiting
repatriation.

















Christie indicates Cynthia Pratt

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

REMARKS made by leader
of the PLP Perry Christie yes-
terday indicate that Cynthia
Pratt, the deputy leader of the
party, will not step down from
the post at PLP’s convention
next week.

“What I am confirming is that
Mother Pratt — Mrs Pratt, the
deputy leader of the Progres-
sive Liberal Party — and Perry
Gladstone Christie will go into
the convention in our respective
positions. And we will expect,
obviously for ourselves, our
names to be placed in nomina-
tion, and that is where it stops,”
said Mr Christie at his party’s
headquarters at the formal
announcement of the PLPs 50th
convention.

“That is what we expect. For
me, speaking for both of us, I
expect, if our names are placed
in nomination that we will be
reelected to the positions of

leader and deputy leader with °

the full support of the parlia-
mentary group,” added the PLP
leader.

There has been widespread
speculation within and outside
the PLP about Mrs Pratt’s
future. Though she is well liked
within the party and the wider
community, inside sources sug-
gest that a change at the deputy
leader post will show much
needed renewal in the party at
the highest levels, following the
May 2, 2007 election loss.

Sources also argue that hand-
ing over the deputy post to the
person most likely to be the next
leader of the PLP at this con-

vention, will prepare the party °

and the country for a future
leadership transition.

Mrs Pratt announced last
week in an interview with The
Tribune that she will make a

’-'statement to her party and the

nation on her future at next
week’s convention.

“I’m going to still serve my
people. I gave them my word
and I will serve them, and I am
going to do that. The term, as I



“What I am confirming is
that Mother Pratt — Mrs Pratt,
the deputy leader of the
Progressive Liberal Party —
and Perry Gladstone Christie
will go into the convention
in our respective positions.”



PLP leader Perry Christie

said, I will discuss my future at
the convention when I make my
speech to the nation. But in the
terms of serving, I will serve my
people. I have given my word,
and I have to live by my word,”
she said.

Though it is unlikely that Mrs
Pratt will serve as deputy leader
of the PLP until the. next elec-
tion — which is likely to occur in
2012 = Mr Christie appears firm-
ly in control of the decision as to
when he will leave the leader-
ship post. And it appears more
and more probable that he will
run in the next general election
as PLP leader.

In an effort to end the public
questioning of his leadership,
Mr Christie’s parliamentary col-
leagues gave him a rousing pub-
lic endorsement on Sunday, in a
statement issued by Dr Bernard
Nottage.

“The parliamentary group of
the Progressive Liberal Party
was convened in a special pre-
convention conclave today, Sun-
day, February, 10, 2008 at San-
dals Resort. The meeting was
hosted by .. . Perry G Christie
MP, Leader of the Progressive
Liberal Party. During the meet-
ing, a number of issues were dis-
cussed, including a review of
election 2007; the upcoming
50th annual convention of 2008;
and the way forward for the par-
ty.
“All colleagues expressed
their views frankly and believe
that the Progressive Liberal Par-

ty continues to be the best hope
for the Bahamian people. We
are unanimous in the view that
the leadership of the PLP also
continues to be the best for the
Bahamas.”

This sort of *hail-ta-the chief’
posturing is what reportedly led
to the departure of Raynard
Rigby from his role as organiser
of the convention.

Mr Rigby is said to have
wished for the next week’s con-
vention to centre around analy-
sis of the factors that led to the
PLP’s election loss, and what
needs to be done to reform the
party. ‘

As he came to believe this
strategy was not the main inter-
est of the party’s leadership,
sources say Mr Rigby relin-
quished his organisational role
in the convention.

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PAGE 6, THURSDAY, FEBRUARY 14, 2008

THE TRIBUNE



Marina business poised for ‘unprecedented growth’

ePlan to form Bahamas Marina Operators Association

WITH experts predicting
that the marina business in the
Bahamas is poised for
“unprecedented growth” over
the coming years, a group of



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the nation’s leading marina
operators has come together
with the support of the
Bahamas Hotel Association
to facilitate the formation of





the Bahamas Marina Opera-
tors Association.

This joint effort led to the
upcoming Bahamas Marina
Operators Forum, to be held
on Monday, February 25 at
Old Bahama Bay, Gin Sur
Mer in West End, Grand
Bahama.

According to the organis-
ers, more than 50 marina
operators across the country
will formally meet to establish
the Marina Operators Asso-
ciation and to develop its busi-
ness plan.

The Bahamas Hotel Asso-
ciation (BHA), through its
Sustainable Tourism Manage-
ment and Marketing Project,
an initiative supported by the
Inter-American Development
Bank, is helping to formalise
the marina sector.

In the past year, the
Bahamas Hotel Association
has focused more closely on
this sector.

Frank Comito, executive

“The marina
sector has a
growing
importance to
our nation’s
tourism
industry. It
diversifies our
product
offering,
creates entirely
new business
and
employment
opportunities





Frank Comito



vice president of BHA,
explained that, “The marina
sector has a growing impor-
tance to-our nation’s tourism
industry.

“It diversifies our product
offering, creates entirely new
business and employment
opportunities for the Bahamas
and attracts a high-spend visi-
tor, who often opts to stay in
our hotels while in port.

“Already a number of BHA
member hotels have marinas

and some are considering
expansion or new marina
developments, all of which will
further strengthen our tourism
economy,” he said.

Carol Fulford, the editor of
Marina World Magazine iden-
tified the Bahamas as one of
the “hot spots” for marina
development around the
world at the 2007 Internation-
al Marine and Boatyard Con-
ference held in Atlanta.

The growth trend in the
country’s marina sector was
also emphasised in Soundings
Trade Only magazine, in its
article “Boaters flee maxed-
out South Florida for
Bahamas,” because of the
increasingly short supply of
slips in Florida.

The prediction is that more
boaters will turn to the
Bahamas for their ae
needs.

The upcoming forum will
allow the nation’s marina
operators to claim their place
as part of the lead association
that supports the sustainabili-
ty of the country’s marina sec-
tor through research, market-
ing, advocacy, training and
certification and ensures that
the sector is effectively posi-
tioned as a viable component
of the tourism economy as it
continues to grow.

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Gospel church building another housing subdivision

Mount Tabor Full Gospel Church has
announced that it is building another
housing subdivision.

The church said in a statement that
despite the announcement that tax
exemptions for first time low cost home
buyers have expired, ‘‘Bahamians still
have reason to smile and hope.”

“Ever mindful of its social responsi-
bilities; to lend a helping hand, while
helping countless Bahamians realise the
dream of owning a new home in a safe,

peaceful community, the Mt Tabor Full
Gospel Baptist Church is commissioning
yet another housing subdivision,” the
statement said.

Mt Tabor East Estate, just off Charles
Saunders Highway, “will afford anoth-
er group of Bahamians the opportunity
to turn the key into their own front
doors on Monday, February 18. The
opening ceremony is set for 1pm,” it
said.

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The statement said Governor Gen-
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THE TRIBUNE

THURSDAY, FEBRUARY 14, 2008, PAGE 7



es Oa er eee ee ee
Christie announces PLP’s 50th convention

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



PLP Leader Perry Christie formally
announced his party’s 50th convention
yesterday at Gambier House declaring
it is still his view that the “overwhelm-
ing majority” of Bahamian people view
the PLP as the only party that can
address the country’s ills and bring
hope to people everywhere in the
Bahamas.

“This year 2008 will present many
challenges not only for our great party,

MP accuses Housing Minister

Opposition Leader hails strength of ‘our great party’

but for our country,” said Mr Christie
yesterday. “As a party, we will contin-
ue to restructure and to re-evaluate a
number of our policies. We need to
continue to be the party that reaches
out to the overwhelming majority of
Bahamians: The young, the not so
young and the elderly.”

The convention, under the theme
The Way Forward, will be held at the
Crystal Palace Resort and Casino Con-
vention Centre from February 20 to
23.

The three keynote speakers at the
night sessions of the convention, which
are open to the public, will be PLP
Deputy Leader Cynthia Pratt, Leader
of Opposition Business in the House of
Assembly Dr Bernard Nottage, and
PLP Leader Perry Christie.

Outgoing PLP Chairman Raynard
Rigby, who recently removed himself
from an active role in organizing the
event, will speak on the opening night
at the convention, according to West
End and Bimini MP Obie Wilchcombe.

of ‘political partisanship’

Griffin slams comments on Urban Renewal Programme

@ By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

MP MELANIE Griffin,
opposition spokeswoman on
social services, accused Minister
of Housing Kenneth Russell of
engaging in “political partisan-
ship” and blasted the minister’s
recent comments on the Urban
Renewal Programme.

In her stinging critique, Mrs
Griffin referred to a recent ZNS

social assistance with food, rent ,
and financial needs, and were
the catalysts behind the per-
sonal development, empower-
ment, parenting and behavioral
modification programmes for
children, young people, those
with disabilities, the elderly and
the unemployed, said the for-
mer minister of social services.
Under the direction of the
PLP, Urban Renewal sought
develop inner city communities

Since Mr Rigby’s decision to no
longer participate in this process over
differences in what should be the focus
of the event, Mr Christie has assumed
the role as convention chairman. Due
to a speaking obligation in Guyana on
Friday, he told the media yesterday

that Mr Wilchcombe will be assisting °

him with these duties.

Demonstrating a desire to confront
the PLP’s last loss at the polls, Mr
Christie said yesterday that he person-
ally will lead one of the closed morning




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sessions at the convention on the
lessons to be learned from the last elec-
tion.

“All of that is not to stay focused on
the past, but to build on how the party
ought to retool itself and if necessary
restructure various Organs of the party
to make it very relevant to the different
divisions that exist in our country,” he
said.

Some of the retooling may include
the use of modern political means of
analysis such as regular polling and the
use of focus groups, said Mr Christie
yesterday.

caanecescinig *








Caw Olu meomey. Wel

through the removal of derelict
vehicles, the demolition of
abandoned houses, clearing of
overgrown properties, repair of
homes, and the formation of
community associations that
fostered “the involvement of
residents in the community and
ensure(d) the sustainability of
the programme”, said Mrs Grif-
fin. Earlier in the month, Mr
Russell refuted claims that 40
Urban Renewal case workers
were fired from the programme.

He told parliament these
workers were transferred. After
a study on the re-organisation of
Urban Renewal, the case aides
were redeployed to Social Ser-
vices, the minister said.

The award-winning pro-
gramme is set to be re-launched
shortly with a few altered com-

interview during which Mr Rus-
sell was quoted as saying the
Urban Renewal Programme
“did not look at the whole man”
regarding “his community, his
social surroundings, every-
thing”.

According to Mrs Griffin,
these statements could not be
farther from the truth.

“If Mr Russell could get past
political partisanship and was
interested enough in really
knowing what Urban Renewal
was all about under the PLP,
he would have at his disposal
volumes of information as to
the work done in the communi-
ties to meet the-needs of the
whole an —his personal devel-
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community offices,” Ms Griffin
claimed in a press statement
released to the. media yester-
day.

housing, through his public
utterances, has indicated his
total lack of knowledge of the
Urban Renewal Programme as
implemented by the former
administration.

“It is this lack of knowledge,
coupled with his disdain for any-





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PAGE 8, THURSDAY, FEBRUARY 14, 2008

THE TRIBUNE



Ne
Grand Bahama student wins

Florida peace poster contest



“We were happy because this
was the first time that a peace
poster has gone this far, espe-
cially from the Bahamas.”



Ken Saunders

COMMONWEALTH OF THE BAHAMAS 2007 /CLE/gen/0307

IN THE SUPREME COURT
Common Law and Equity Division

BETWEEN

COMMONWEALTH BANK LIMITED

Plainuff

- JACKSON M. GIBSON

Defendant

NOTICE OF ADJOURNED HEARING

TAKE NOTICE that the Summons filed
herein the 14", day of June A.D., 2007 which
was scheduled to be heard before the Deputy
Registrar Donna Newton in Chambers, 3”
Floor Ansbacher House, East Street North on
Friday the 8", day of February A.D., 2008 at
11:30 in the forenoon will now be heard on
Friday the 29% day of February A.D., 2008 at
12:00 in the after-noon.

Dated this 13th, day of February, A.D. 2008

GRAHAM, THOMPSON & CO
_ Chambers
Sassoon House
Shirley Street and Victoria Avenue
Nassau, Bahamas
Attorneys for the Plaintiff





MEMBER OF FLORIDA DIVISION
SOUTHEAST DISTRICT

@ BY DENISE MAYCOCK
Tribune Freeport
Reporter
dmaycock@tribunemedia.net

FREEPORT —- A Grand
Bahama student beat more than
5,000 entrants to win first place

in the ‘Peace Around the.

World’ poster contest in the
Florida.

Abel Abraham, a student at
St Paul’s Methodist College, is
the first Bahamian student to
be selected to represent the
Florida District in the grand
prize poster contest held by
Lions International.

He was recognised by the
Freeport Lions Club yesterday,
and Ken Saunders, peace poster

chairman for the Lion’s Sight

Programme, said Abel also did .

very well in the international
contest and was selected as one
of 23 merit award winners from
among around 350,000 entrants
from 70 countries around the
world.

Mr Saunders said that stu-
dents. from Grand Bahama
Catholic High, St Paul’s
Methodist College, and Lucaya
International School (LIS) were
invited by the club to partici-
pate in the local poster compe-
tition.

He said six students on Grand
Bahama: Abel Abraham,
Shaunte Basden from St Paul’s;
LIS students Alice Lefevre,
Rekia Albury and Erika Flusin,

and Antonia Dames of Catholic
High, were selected to partici-
pate in the Florida District con-
test following a local poster pre-
judging exercise held at the
Freeport’s Lion’s Club.

In September 2007, Lions
International launched a peace

poster campaign for students |

between the ages 11 and 13.

The grand prize winner last
year was Ming Yang, a 13-year-
old boy from Malaysia. He won
$2,500, along with an all
expense paid trip to New York
with two family members for
the awards ceremony, held on
Lions Day at the United
Nations.

As one of 23 merit award
winners, Abel will also receive a

cash award and a certificate of
merit from Lions Internation-
al.

His photograph and poster
will appear in Lion Magazine,
and on the organisation’s web-
site. When asked how he felt
about his achievement, Abel
said: “I feel good and I am
proud that I got.this far.

“J always loved art and I
hope that I will win the grand
prize next year.”

Mr Saunders added: “We
were happy because this was
the first time that a peace poster
has gone this far, especially
from the Bahamas. And his
merit award win at the interna-
tional contest was also a first
for the Florida District.”

Grand Bahama Power Company makes



donation to Beacon School pottery scheme

THE Grand Bahama Power Company -
has supported the Beacon School with yet
another donation towards its pottery pro-

gramme.

As part of their therapy and work skills
training, students at the school —
tures special needs children in the Grand
Bahama community — participate in the

school’s pottery programme.

It began in 1998 and has become an inte-
gral part of the school’s activities.

The Grand Bahama Power Company has
funded this programme since its inception,
when the company approached the Bea-
con School with the idea of funding a long-
term initiative geared toward improving
the quality of life for the students.

“I’m really very delighted and very grate-
ful that the Grand Bahama Power Com-
pany and the subsequent owners have
agreed to continue the tradition of sup-
porting our pottery programme,
con School principal Cheryl Wood.

which nur-

” said Bea-

plant and tend.

Bahama.

“Tf it was not for these funds, the school

could not continue with this programme or

keep it going.”

“When we initially started this pro-
gramme our children were just going to get
a feel for the clay” she said, “but we were
pleasantly surprised to see how many of
_ them had a natural affinity for pottery”.
Students in the programme make vases,



P.O. BOX N-3831 * NASSAU, N.P., THE BAHAMAS

www.iaap-sunnyislesbahamas.com

IMPORTANT NOTICE
EDUCATIONAL ASSISTANCE



Applications are invited from suitable candidates for consideration
for a one thousand ($1,000.00) dollar Scholarship Award (financial .
assistance ONLY) offered by the Sunny Isles Chapter of IAAP
tenable at the College of The Bahamas, or any other accredited
College or University within The Bahamas, commencing

September 2008.

The successful candidate will be required to pursue a course of
study leading to a Certificate, Diploma or Degree in Business

Studies.

Candidates should have successfully completed high school
education in The Commonwealth of The Bahamas, and should
preferably have attained BGCSE certificate(s) at grade ‘C’ or

higher in the relevant subjects.

Application forms may be obtained from:

‘Mrs Joyann Edgecombe OR
President, [AAP Sunny Isles Chapter

c/o Water & Sewerage Corporation
Thompson Boulevard

Nassau, The Bahamas

Ms Teresa Briggs

Advisor, IAAP Sunny Isles Chapter
c/o The Department of Immigration
Hawkins Hill

Nassau, The Bahamas

Application Deadline: Friday, 28 March, 2008 on or BEFORE 5:00PM

Inccmplete or late application forms will NOT be considered.

The Recipient will be named at our Annual Installation in June.

EXECUTIVE BOARD

Shornell Ellis
President-Elect

Joyann Edgecombe, CPS
President

Marsha Saunders
Assistant Treasurer

Kerrecia Nairn
Recording S retary

Shant Kerr
Vice President

Kay Francis-Kerr
Corresponding Secretary

Maxine Bullard
Treasurer

Teresa Briggs
Advisor



Grand Bahama.

oy
I

Ae

Ot CTC R errr UC

You can
realize
your
dream



OFFICIAL TOUR: E O Ferrel (above), CEO of
Grand Bahama Power Company, was given an
official tour of the Beacon School and all its
programmes for special-needs children. He is
seen here viewing the gardens that the students

SAMPLE OF BEACON SCHOOL POTTERY: Pic-
tured right are samples of the pottery work from
the students of the Beacon School in Grand

pots, dishes and other ceramic wares using
a pottery wheel and red clay found in east

Their creations have been sold at trade
shows.and to the local business community.

The programme Serves as a therapeutic
exercise for the students, all of whom strug-
gle with some physical disabilities.



Keen I Media

“It is what special education and com-
munity involvement is all about,” said Mrs

Wood, “when you can use pottery as occu-

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THE TRIBUNE

THURSDAY, FEBRUARY 14, 2008, PAGE 9





Women shine

@ By XAN-XI BETHEL

THE results of this year’s
Cacique Awards show that
women are continuing to make
strides in the tourism industry.

Topping the list of winners
were three women from Baha
Mar Resorts, who walked away
with top honours last week.

Sonia Thompson of the Crys-
tal Beach Club won the award
for Manager of the Year. Phyl-
lis Smith, a housekeeping
employee at the Sheraton, won
for Supervisor of the Year and
Tiffany Barton of the Black
Angus Restaurant in the Wyn-
dham Crystal Palace was named
Chef of the Year.

The women are all veterans
in the hospitality industry, hav-
ing begun their careers in
tourism upon leaving school.

They all cited a passion for
the job and a love of people as
the keys to their success. “You
must have that rapport with
people.” said Ms Thompson.

Sonia Thompson has been
employed in the hospitality
industry for the past 19 years.
Upon graduating from college
with a degree in marketing and
business, she took her first job
at Carnival’s Crystal Palace
Resort.

Over the years, she rose from
being an entree level employ-
ee, to a top manager at one of
the largest resorts in the

“HOVER GALE

Trio from Baha Mar Resorts top list of winners

IS

Bahamas. Ms Thompson attrib-
utes her success to diligence and
the “willingness to go the extra
mile.”

Phyllis Smith has a similar
success story. She has been
working in the tourism indus-
try for 29 years, beginning as a

room attendant in the house-

keeping department.

Today, she is a top supervisor
and the recipient of what to her
is a “lifetime achievement
award.”

“From senior school, I knew I
wanted to work with people. I



TIFFANY BARTON poses with officials after receiv-
ing her Cacique Award for Chef of the Year.

of hl

the

always knew that I would be
successful in the business.” she
said.

Tiffany Barton began her
career right out of high school.
She said that she always loved
to cook and is pleased with her
achievements in the 15 years
she has worked in the hospital-
ity business.

After studying at the
Bahamas Hotel Training Col-
lege, Ms Barton also took a job
at the Crystal Palace Resort,
where she worked as an appren-
tice chef.

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PHYLLIS SMITH is ecstatic as she holds her
award for Supervisor of the Year.

Three years after that, she
was named head cook and
today, she is a head chef at the



SONIA THOMPSON beams as she receives her
Cacique Award for Manager of the Year.

Baha Mar Resorts project,
which is redeveloping a string
of Cable Beach Resorts includ-



at Cacique Awards

ing the former Sheraton and
Crystal Palace hotels.

Forever ambitious, Ms Bar-
ton has her sights set on owning
a restaurant of her own.

She hopes to make this
dream a reality in the next three
to five years.

Ms Barton credits her family
for helping her to realise her
dreams and aspirations and
thanks them for staying with
her through the years.

She calls them her biggest
inspiration.

“They taught me to do every-
thing to the best of my ability,”
she said. The three women told
young people in the industry
that they should remain diligent
and not become discouraged.

“Do not be afraid of change —
but embrace it,” Sonia Thomp-
son said.

She said this is the only way
that the tourism industry — or
any industry or endeavor — can
succeed.

Local tourist attraction seeks

Director of Administration
Requirements & Responsibilities: |
e Management of daily operations as well as future

development.

e Background in business with prior experience in
supervising staff, strong organizational skills, and
excellent people and communication skills.

e Financial experience would be an asset.

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PAGE 10, THURSDAY, FEBRUARY 14, 2008

THE TRIBUNE





OCAL partici-
pants in year’s
Bahamas Kennel
Club all-breed dog
show will be facing some inter-
national competition, organis-
ers announced this week.
Dogs from the United States
and Canada will join Bahamas
dogs in competing for Best in
Breed prize and then the Best
in Show award.

BRING YOUR OL

The event is taking place on
Saturday, March 15 and Sun-
day, March 16 at the Nassau
Botanical Gardens.

The Show will feature dogs
in the working, sporting, non-
sporting, terrier, toy and herd-
ing groups.

According to the Kennel
Club, dogs in the sporting class
are naturally active and alert.
They make likable, well-round-
ed companions.

Me

LOCAL NEWS

US, Canadian dogs to compete

Event will feature terrier, working, herding, |
toy, sporting and non-sporting groups



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many of these breeds actively
continue to participate in hunt-
ing and other field activities,”
said the club in a statement.
“Potential owners of sporting
dogs need to realise that most
require regular, invigorating
exercise.”

Most hounds share the com-
mon ancestral trait of being
used for hunting. Some use
acute scent powers to follow a
trail.

Others demonstrate stamina
as they relentlessly run down
quarry.

| he club said that

beyond this, however,
generalisations about hounds
are hard to come by, since the

group encompasses quite a
diverse number of dogs. “There

. are Pharaoh Hounds, Norwe-

gian Elkhounds, Afghans and
Beagles, among others. Some
hounds share the distinct ability
to produce a unique sound
known as baying. You'd best
sample this sound before you
decide to get a hound of your
own to be sure it's your cup of
tea.”

Dogs of the working group
were bred to perform such jobs
as guarding property, pulling
sleds and performing water res-
cues.

“They have been invaluable
assets to man throughout the
ages. The Doberman Pinscher,

* Siberian Husky and Great Dane

are included in this group, to
name just a few. Quick to learn,
these intelligent, capable ani-
mals make solid companions.



Cattle Dog.

Their considerable dimensions
and strength alone, however,
make many working dogs
unsuitable as pets for average
families. And again, by virtue
of their size alone, these dogs

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LAUREN BROWN, age 13, handling Brazos River Running, an Australian

must be properly trained,” the
statement said.

Terriers are feisty, energetic
dogs whose sizes range from
fairly small, as in the Norfolk,
Cairn or West Highland White
Terrier, to the grand Airedale
terrier.

“Terriers typically have little
tolerance for other animals,
including other dogs. Their
ancestors were bred to hunt and
kill vermin. Many. continue to
project the attitude that they're
always eager fora spirited.argu-
ment,” said the. club. “Most ter-
tiers have wiry ’toats that
require special groomiig known
as stripping in order to main-
tain a characteristic appearance.
In general, they make engaging
pets, but require owners with
the determination to match
their dogs' lively characters.”

The club said the diminutive
size and winsome expressions
of toy dogs illustrate the main

SEE page 11

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THE TRIBUNE

THURSDAY, FEBRUARY 1 4, 2008, PAGE 11



in Bahamas Kenne

FROM page ten

function of this group: “to
embody sheer delight”.

“Don't let their tiny stature
fool you, though — many toys
are tough as nails. If you haven't
yet experienced the barking of
an angry Chihuahua, for exam-
ple, well, just wait. Toy dogs
will always be popular with city
dwellers and people without
much living space. They make

sonality and overall appear-
ance.”

The herding group, created
in 1983, is the newest Ameri-
can Kennel Club (AKC) clas-
sification; its members were for-
merly members of the working
group. “All breeds share the
fabulous ability to control the
movement of other animals,”
explained the statement. “A
remarkable example is the low-
set Corgi, perhaps one foot tall

at the shoulders, that can drive
a herd of cows many times its
size to pasture by leaping and
nipping at their heels. The vast
majority of herding dogs, as
household pets, never cross
paths with a farm animal.
“Nevertheless, pure instinct
prompts many of these dogs to
gently herd their owners, espe-
cially the children of the family.
In general, these intelligent dogs
make excellent companions and

1 Club show

respond beautifully to training
exercises.”

The Bahamas Kennel Club
said the show is an excellent
opportunity to meet many
breeds of dogs and learn from
the experts just what dog might
be best for each family.

The show is sponsored by
Purina Dog Food, and repre-
sentatives will be on hand to
provide information on the
company’s products.

ideal apartment dogs and ter-
rific lap warmers on nippy
nights.”



on-sporting dogs are
a diverse group — stur-
dy animals with as different per-
sonalities and appearances as
the Chow Chow, Dalmatian,
French Bulldog, and Keeshond.
“Talk about differences in
size, coat, and visage! Some, like
the Schipperke and Tibetan
spaniel are uncommon sights in
the average neighborhood. Oth-
ers, however, like the Poodle
and Lhasa Apso, have quite a
large following.
The breeds in the non-sport-
ing group are a varied collec-
tion in terms of size, coat, per-







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1. Establishing and maintaining the primary
survey control that will be used for the
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their hourly rates for 2008 during the second
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4. Providing general site survey services.

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THE TRIBUNE



Ret GLOBAL EWS Ot meme
Western Air: claims of —

impropriety called into
uestion in the House

®@ By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net



STATEMENTS by Golden
Gates MP Shane Gibson
alleging impropriety at West-
ern Air were called into ques-
tion in the House of Assembly
yesterday by Minister of
Tourism Neko Grant.

Last week, Mr Gibson made
headlines in The Tribune
when he claimed he knew of
several reports of impropri-
eties that were a “major con-
cern” for the airline.

Minister Grant tabled a let-
ter from the Department of
Civil Aviation, addressed to
Minister of State for Tourism
Branville McCartney on Feb-
ruary 11, which claimed there
was no basis for Mr Gibson’s
reported complaints.

“The facts are that former
minister Shane Gibson did
complain about the pilot of

. Western Air returning to

uplift fuel on the aircraft, with-
out explanation,” the letter
signed by Captain Patrick
Rolle says.

“He called the former min-
ister of transport and aviation
(Glenys) Hanna-Martin (who)
requested FSI to look into the
complaint by Mr Gibson.”

The letter continues, saying
that FSI did a fact check of
Western Air’s flight log for
the day in question and
“found no wrongdoing.”

Issues of pilot flying fatigue
never arose and the airlines’
records are inspected on a reg-
ular basis, the letter says.
Additionally, it said, this infor-
mation was communicated to
the then minister and the case
was Closed. . ,

Last week, Mr Gibson said



Neko enn

he knew of reports of pilots
flying longer hours than were
mandated and that the air-
line’s records were adjusted
to “manipulate the system.”

He said his cousin, Philip
Hanna, had complained to
him about flying long hours
that left him fatigued. ,

Yesterday Mr Grant ques-
tioned why this claim was res-
urrected in parliament, as Mr
Hanna has been dead for two
years.

“It’s unfortunate, (Mr Gib-
son), in speaking with his
cousin didn’t get some more
information. It is quite possi-
ble that the pilot, once he
would have taxied out, may
have determined that because
of weather conditions that he
required additional fuel, many
circumstances which could
have necessitated him return-
ing to the terminal.

“And what is indeed sad

)

Grant reacts to Shane Gibson statements |

about this, is that the member'
contacted his colleague who!
was the minister responsible!
for aviation at the time, two
years ago and he now brings it’
here, when his colleague got,
the information that Flight,
Standards provided us.with.” ,

To which Mr Gibson
replied, “Whether or not my:
cousin is not alive at the time;
— he has not been dead two
years — that is not the point.
The fact of the matter is he’
told me, he gave me this infor-!
mation and he was con-,
cerned.”

Last week, Mr Gibson also,
told parliament of an incident,
which he said he experienced;
while on a Western Air flight
to Grand Bahama.

Yesterday, he said: “(Min-
ister Grant) never denied:
what I said wasn’t true. All I’
know is that as a passenger I
was sitting on a plane, he him-'
self, the member for Lucaya
said they have minimal!
requirements for the amount
of fuel.

“My concern is, if you have,
these minimal requirements,
why do J need to taxi from the;
terminal, go to the runway,
then the pilot decides he:
realises he did not meet the:
minimal requirements?

“The fact remains the plane’
moved from the terminal
before it had the minimum!
amount of fuel required, so’
both of us are on the same’
accord, Mr Speaker, both of.
us are on the same accord.” ,

Mr Gibson also advised the,
Bahamian public to “stay
tuned” because additional.
information on Western: Air
would be forthcoming to ver-
ify his claims.

OV IAA RET L8 hs A Ha OUT A ik Se LEONE INE ps GE AN ar A

LOS ERIE ALES.

§
4





THE TRIBUNE

THURSDAY, FEBRUARY 14, 2008, PAGE 13



ew restrooms open at Lynden

Pindling International Airport

After months of construction
and refurbishing, two new state-
of-the art restrooms have
opened in the US departure
lounge at Lynden Pindling
International Airport.

Two refurbished restrooms
in the ticketing area of the US
terminal are also now fully func-
tioning. .

Airport officials said they
expect that up to four addition-
al restrooms will open to the
public this week in the immi-
gration.and international tick-
eting areas.

The poor condition of
restrooms at LPIA was a sore
point with passengers for many
years, but Peter Tynes, mainte-
nance project manager for Nas-
sau Airport Development Com-
pany (NAD) says those days
are now a thing of the past in
the improved areas.

“TI think we can confidently
say that we now have some of
the best restrooms on the
island,” he said.

According to Mr Tynes, the
new restrooms are designed in
neutral shades with colourful
accents and feature the most
modern amenities.

All fixtures are hands-free
including soap and towel dis-
pensers, hand blowers, taps, toi-
lets and urinals, so there is vir-
tually no need to touch
restroom surfaces.

Moms and dads will be
pleased to know that both male
and female washrooms feature
baby change tables.

In the newly constructed
restrooms, toilets are mounted
on the walls instead of the floors
to make the rooms easier to
clean.

In keeping with NAD’s “bar-
rier free” philosophy, large
handicap stalls are available in
all of the new washrooms.

As for the cleaning of the
restrooms, Janice Antonson, VP
of marketing for NAD, says the
company realises this will be
critical to the passenger experi-
ence.

“Our janitorial contract
includes detailed cleaning spec-
ifications for the washrooms












WY





SS Sema cee
An estimated 80 per cent of
all passenger traffic through

LPIA passes through the US
terminal.

and NAD has a regular quality
audit programme that oversees
all the cleaning in the termi-
nals.”

LENTING’S SPECIAL
ON CLARA § ZARA

Open Weekdays 10am-4pm

Saturdays 10am-2pm
Located On Ernest St Behind

The Outback Steakhouse
TELEPHONE: 242-394-4111

www.bahamashandprints.com





STATE-OF-THE-ART: Pictured right
is a dispenser at the airport
restrooms.



OPERATIONS AND MAINTENANCE MANAGER
TRANSMISSION & DISTRIBUTION (T & D) DEPARTMENT




The Grand Bahama Power Company, Limited invites qualified applicants to apply for the
position of Operations and Maintenance Manager in the Transmission & Distribution (T & D)




Department.








This position is responsible for managing the operations and maintenance aspects of the
T&D Department which includes financial resources, personnel and equipment used for the
installation and maintenance of the T&D system.






This position provides leadership to superintendents and supervisors who support the T&D
system operations, maintenance and improvement efforts; ensures that proper operations
and maintenance practices and standards are employed; proper documentation is kept of
modifications, inspections and other work performed on the T&D system; and that system
performance is optimized.








Applicants must have a Bachelor of Science Degree in Electrical or Electronics Engineering.
Applicants must also have a minimum of five (5) years at a project management level in the
planning or maintenance department of an electric utility or industrial facility.






The applicant must have good leadership skills, a sound understanding of computers and
their application and a good technical understanding of electrical systems.




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




THE DIRECTOR OF HUMAN RESOURCES
GRAND BAHAMA POWER COMPANY, LIMITED
PO. Box F-40888
Freeport, Grand Bahama Island, Bahamas

Email: hrdept@gb-power.com
Fax: (242) 351-8008

DEADLINE FOR RECEIPT OF APPLICATIONS IS:

FEBRUARY 21°, 2008 GRAND BAHAMA POWER COMPANY











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PAGE 14, THURSDAY, FEBRUARY 14, 2008

LOCAL NEWS ©

THE TRIBUNE



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FROM page one

“Too often, Mr Speaker,
when we hear a loud noise at
night, it is the sound of death
ringing out as a bullet that
ends up in the body of some
young man who thought him-
self invincible and indestruc-
tible,” said Dr Nottage.

“Too often strangers ter-
rorize homes at night where
mothers and children are
compelled to watch as their
husband or partner or father
is gunned down in horror.
That said, Mr Speaker; we
are living in very sad and
fearful times,” added Dr Not-
tage.

Last year, a record 79 mur-
ders were recorded. In addi-
tion to the dubious mark, the
2007 police crime report
reveals that rape increased
by 86 per cent, attempted
rape increased by 52 per cent,
armed robbery increased by
49 per cent and burglary
increased by 43 per cent from
the national figures in 2006.

The parliamentary select
committee, which will be
comprised of members of
both political parties, has the
power to send for papers and
people in its deliberation.

The process, if taken seri-
ously by the political parties,
can scrutinize public officials
involved in various parts of
the process of crime fighting
and the justice system.

Presumably, some findings
will ultimately be submitted










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objected to the accused being granted bail, point-
ing out that the offence falls under Part C of the

Accounting - Business Administration - Information Systems Administration Bail Act. :
| Counsel for the 16-year-old accused asked why,
| / oe given the circumstances of the case, his client
| Call Us Today! had not been charged with manslaughter. Mr
\ 394-8570 or Fax 394-8623 Murrio Ducille argued that denying a person bail
Ss is not intended as punishment, but merely seeks

to ensure the attendance of that person at trial.

to the full House, which may
include recommendations to

combat the escalating rate of.

violence in the country.

In her seconding of the
motion to create the select
committee, Englerston MP
Glenys Hanna-Martin
expressed concern over the
response of the Parliament
to the shocking rate of vio-
lence in the country.

“Mr Speaker, we are in the
midst of a crisis. But I fear
that we are not seeing it as
such,” she said.

Mrs Hanna-Martin point-
ed to the public riots that
have occur in various part of
the country, such as the
recent event in Bimini, and
past events in Nassau Village,
along with recent reports of
running fights involving
school children in the streets
of New Providence, as evi-
dence of the crisis she
described.

“And, I am not postulating
the causes or seeking to point
fingers anywhere, but we
cannot ignore the facts or
sweep them under the car-
pet. We do so at our own
peril. Because in my view,
these are serious warning
signs of something greater
and very bleak in this coun-
try, Mr Speaker,” said Mrs
Hanna-Martin.

Branville McCartney, Min-
ister of State for Tourism,
who led off debate on the
motion from the governmen-
t’s side, said he admires the
Opposition’s request to form

Govt and Opposition
to form a select
committee on crime

such a committee. But, Mr
McCartney argued that much
talk and debate has already
occurred on the topic, and
action, he said, is what is now
needed.

“Mr Speaker, the violence
and taking of lives has even
reached our children on our
school campuses. This is one
place where they should not
have to worry about violence
or the fear of violence,” he
said lamenting the killing of
Rico Farrington at CC
Sweeting High School earlier
this week.

Acknowledging that the
government has responsibili-
ty to act in the face of an
upsurge in crime, Mr
McCartney said that the pub-
lic must not look for quick
solutions, but rather must
understand that prevalence
of crime is a problem all
social partners must collec-
tively address.

“Every last one of us.
Every citizen, every resident;
every man, woman, boy and
girl must, must, take respon-
sibility,” ‘he said. “We must
all watch each other’s back,
We must take care of our
corner. Yes, we are indeed
our brother’s keeper. We
must ensure that we do not
harbour criminals in our
house; on our block, or any-
where in our neighbourhood.
This problem will not go-
away unless we, we, stop it:
All of us Mr Speaker, all of
us must work together to
stop it.”

| is refused bail

Mr Ducille submitted that there was nothing to
suggest that his client, who turned 16 last October,
was a flight risk. He also noted that his client

had no previous convictions. Mr Ducille also sub-
mitted that the fact that someone has been

charged with an offence is not synonymous with

guilt.

COMMONWEALTH OF THE BAHAMAS
IN THE SUPREME COURT

Chief Magistrate Gomez, however, denied the
bail application and ordered that the 16 year old
be remanded to Her Majesty's Prison.

The case was adjourned to May 20 and trans-
ferred to the juvenile court.

2007 / CLE/gen/0307

Common Law and Equity Division

BETWEEN

COMMONWEALTH BANK LIMITED

Plaintiff

JACKSON M. GIBSON

Defendant

NOTICE OF ADJOURNED HEARING

TAKE NOTICE that the Summons filed
herein the 14%, day of June A.D., 2007 which
was scheduled to be heard before the Deputy
Registrar Donna Newton in Chambers, 3"
Floor Ansbacher House, East Street North on
Friday the 8", day of February A.D., 2008 at
11:30 in the forenoon will now be heard on
Friday the 29 day of February A.D., 2008 at
12:00 in the after-noon.

Dated this 13th, day of February, A.D. 2008

GRAHAM, THOMPSON & CO
Chambers
Sassoon House
Shirley Street and Victoria Avenue
Nassau, Bahamas
Attorneys for the Plaintiff





THE TRIBUNE THURSDAY, FEBRUARY 14, 2008, PAGE 15








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PAGE 16, THURSDAY, FEBRUARY 14, 2008



FAR HRM

Re ae

THE TRIBUNE





FROM page one

source of the high level of anger,
frustration and social withdraw-
al which many Bahamians are
experiencing,” said the church
leader, adding that it is “clear”
that some lawyers are ‘‘abusing
the court's system for their own
benefits,” in the process “making
a killing off crime.”

He added that the Bar Council
“seems impotent and ineffective

Bishop Hall

whole so long as “the majority of
parliamentarians are lawyers.”

The senior pastor of the New
Covenant Baptist Church
described as “egregious” sce-
narios in which clients find them-
selves paying lawyers only to
appear for their court date and
find that their “‘busy lawyer” is in
another court representing a
“wealthier client.”

when one seeks redress against a
lawyer.’ He suggested that there
is likely to be little improvement
in the system and culture on the

Hitting out at the lack of the
provision of legal aid in the
Bahamas, Bishop Hall said that it
is also egregious that “money yet

|

Nassau Ai rt
een net

determines the quality of legal
service received in this fair land.
Check the scores of young men
on remand at Fox Hill Prison.”

“It is true that parents must
do more to keep their ‘good sow’
out of trouble in the first place —
but when any Bahamian gels in
trouble he/she ought to feel con-
fident that he/she will receive jus-
tice whether he/she can afford it
or not,” he said.

The Bishop noted that while a
National Commission was
formed to ‘put in place legal aid
on a national level” two years
ago, little has been heard of it
since.

POO

Nassau Airport Development Company (NAD) is seeking
bids for Construction services from suitably qualified local

Bahamian contractors to carry out the development of 9,
500 square feet of office space at the Lynden Pindling

International Airport.

Qualified contractors must:-

-Demonstrate an ability to obtain $1,000,000.00 liability

insurance

eT AE

-Provide evidence that all Government tax payments are

current

-Provide at least three references from owners of

projects in excess of $50,000.00

Bid packages can be obtained from the offices of NAD on
Tuesday 19th — Friday 22nd between the hours of 9am and

5pm.

A site visit has been arranged for 9am on Monday,
February 25th. Contractors wishing to participate are

asked to notify NAD of their intention no later than 5pm on
Friday, February 22nd at telephone number 702-1000.

The Deadline for submission of bids is 4:00pm on February

29th. Bid packages should be delivered to the NAD offices
no later than 4:00pm February 29th. All packages received 8

after this time will be returned unopened.

NAD reserves the right to reject any or all bids.

Computers
for as low as

Laing responds to
allegations of attempt
to contravene Bahamas
Custom’s Tariffs

FROM page one

complaint was made in writing
by his sister-in-law.

Mr Smith pressed further. He
asked whether the Customs
Department sought an opinion
from the international Customs
organization in Brussels on the
international designation of the
Monamy Berry drink, which Mr
Laing’s sister-in-law was import-
ing,

“Yes, Mr Speaker,” Mr Laing
answered, “the Customs
Department did in fact seek
advice from the World Customs
Union on the rate that should
be charged on that drink. I
might further note, Mr Speaker,
that the request to the World
Customs Union was made in
fact after the Customs Depart-
ment had determined to change
the rate and had, had the com-
plaint made by the individual
and after the Ministry of
Finance had inquired of the
Customs Department why the
rate was changed,” he said.

Mr Smith then asked for the
Minister of State, if possible, to
table a copy of the response
received from the International
Customs organization.

“Yes it can be done. I don’t
have it here today, but it cer-
tainly can be done. And I will
make a full statement on the
matter,” Mr Laing said.

Mr Smith then inquired if the
recommendation of the inter-
national customs agency was an
endorsement of what existed in
the Bahamas Tariff Act, and if
so, Who gave instructions to
ignore the endorsement, and
why.

“Mr Speaker, clearly the
Member wishes to have infor-
mation in respect to this mat-
ter and I believe in fairness a
full statement will be required
and I intend to make a full
statement in the matter,” Mr
Laing again responded.



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Mr Smith continued: “Would
the Minister of State for
Finance confirm or deny that
approval was given to the Rev-
enue Secyetary to direct the
Customs Department to ignore
the International designation of
Monamy Berry drink products
which place the same and other
similar products in the 45 per
cent customs duty category, but
to place the product under the
Tariff heading and fiscal num-
ber 20099090 which attracts
Customs Duty at 10 per cent?”

“Mr Speaker, no such direc-
tion was given to the Secretary
General,” Mr Laing replied.

Mr Smith: “Would the Min-
ister of State for Finance

explain why other juice
drinks such as Juice Bowl,
Fruita drinks, and Jumex Mex-
ican drinks, etc, went
unchanged?”

Mr Laing: “Mr Speaker,
when I intend to make a full
statement on the matter at that
time I will speak to the ques-
tion being raised.”

Mr Smith: “Will the Minister
of State for Finance inform the
Honourable House under which
law was the Comptroller of Cus-
toms authorized to alter or
change the Tariff Act without
the approval of Parliament?”

“Mr Speaker, [ intend to
make a full statement on the
matter,” Mr Laing said.

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THE TRIBUNE

THURSDAY, FEBRUARY 14, 2008, PAGE 17



| 2 Cah eae ae ea
Murder convict is

sentenced to death

FROM page one

was convicted of Thompson's
murder on March 21, 2007.

The prosecution's case was
that Knowles, 35, had lured
Thompson to the isolated area
of the blue hole after stalking
him and an ex-girlfriend, then
stabbed him 15 times. The pros-
ecution had argued that the evi-
dence of the case showed pre-
meditation and planning, con-
sidering that Knowles had
secured the sheet, duct tape,
chains, locks, rope and block at
the scene in preparation for the
disposal of the body.

Before handing down her rul-
ing Senior Justice Anita Allen
noted that the process of deter-
mining the appropriate sen-
tence, particularly for the
offence of murder, was not an
easy one.

"This is a matter of life and
death and all life is precious,"
she said. ‘

In her ruling Senior Justice
Allen noted that she had con-
sidered the evidence of psychi-
atrist Dr Nelson Clarke, the
probation. officer Matrena
Carey, and the arguments and
submissions of counsel regard-
ing the circumstances of the
case, the personal circumstances
of the convict and the law rele-
vant to sentencing in such a
case.

Senior Justice Allen said she
found that Thompson's murder
was "a cold blooded and sav-

age attack on an unsuspecting
and unarmed victim."

"The convict showed a cal-
lous disregard for human life
and showed no mercy as he
stabbed his defenseless victim
over and over again," Senior
justice Allen said. :

Justice Allen also noted that
the killing was "deliberate, pre-
meditated and planned." Jus-
tice Allen said that the motive
for the killing in her view was
revenge because the deceased
had dared to have a relation-
ship with a woman with whom
Knowles at the time had just
ended a relationship. Justice
Allen referred to this as the
“dog in the manger syndrome”
observing that Knowles too had
moved on to another relation-
ship.

"The convict's actions of
telling two persons beforehand
that he was going to kill the



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you are raising funds for a
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deceased and his confession to a
person after the killing, in my
view, showed unbelievable arro-
gance. Further he has shown
absolutely no remorse and
refuses to take responsibility for
his actions, " Justice Allen stat-
ed in her ruling.

"I am satisfied, beyond a rea-
sonable doubt, that this offence
deserves the imposition of the
most severe penalty for mur-
der, namely, the sentence of
death," Justice Allen said.

Knowles, who was represent-
ed by lawyer Romona Far-
quharson, showed no emotion
as the sentence was read to him.
Following the ruling he was
escorted out .of the courtroom
by police officers and into a
waiting police vehicle.

Appearing for the Crown
were Deputy Director of Public
Prosecutions Cheryl Grant -
Bethel and Stephanie Pintard.


















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| assume all risks associated with the SUBWAY Fun Run Walk including, but not limited to falls,
contact with other participants, the effect of weather, including extreme heat, extreme cold,
and/or humidity, traffic and the conditions of the road, all such risks being known and appreci-
ated by me. Having read this waiver and knowing the facts and in consideration of accepting
my application, |, for myself and anyone entitled to act on my behalf, waive and release
SUBWAY and all sponsors, their representatives and successors, from all claims and liabilities
of any kid arising out of my participation in the SUBWAY Fun Run Walk even though that
liability may arise out of negligence or carelessness on the part of the persons named in this
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PAGE 18, THURSDAY, FEBRUARY 14, 2008

THE TRIBUNE ©



In Colombia, US ambassador calls |

hostage-holding rebels ‘sick and weal |

m@ BOGOTA, Colombia

THE U.S. ambassador
condemned Colombia’s
main rebel group as “sick
and weak” on the fifth
anniversary Wednesday of
its seizure of three Ameri-
can military contractors on
a surveillance flight, accord-
ing to Associated Press.

“Abusing other human
beings is not the act of a
warrior or a soldier or a rev-
olutionary,” Ambassador
William Brownfield said in
the U.S. Embassy’s front
courtyard before some 500
fellow employees.

“Tt is the act of a sick and
weak institution,” he said,
directly addressing rebels of
the leftist Revolutionary
Armed Forces of Colombia,
or FARC. “You are not sol-
diers. You are not revolu-
tionaries.”

The FARC grabbed Marc
Gonsalves, Thomas Howes
and Keith Stansell after their

Fifth anniversary of seizure of three
American military contractors

plane made a forced landing
in rebel-held southern jun-
gles on Feb. 13, 2003, due to
engine trouble.

It has held them ever since
in jungle prisons and is offer-
ing to exchange with some
40 other high-value hostages
for hundreds of jailed rebels.

In an interview with The
Associated Press, Brown-
field said U.S. officials are
“searching for a solution on
every possible front, “
including gathering intelli-
gence on hostage where-
abouts with the close coop-
eration of Colombia, Wash-
ington’s top ally in Latin
America.

The U.S. State Depart-
ment in Washington issued
a statement that it was open
to “any credible initiative”
by foreign governments or

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individuals to secure the
telease of all hostages held
by the rebels.

The FARC released two
high-profile Colombian
hostages on Jan. 10, thanks
in large part to the interces-
sion of President Hugo
Chavez of Venezuela. It has
promised to release three
more, but has not mentioned
the U.S. contractors, who
were employed by Northrop
Grumman.

The ambassador was
asked whether he is open to
a solution engineered by
Chavez, who has expressed
sympathy for the FARC and
accused the United States of
seeking to overthrow and/or
assassinate him.

“Am I open to listening to
and hearing what other gov-
ernments, what other orga-



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The FARC, a largely peas-
ant army chiefly funded by
cocaine trafficking, has been
fighting since the early 1960s
for a more equitable distrib-
ution of wealth.

Brownfield joined Ameri-
can soldiers and airmen in
fatigues, DEA agents and
judicial investigators, jani-
tors and others who work at
the second-largest U.S.
embassy in a moment of
silence for the U.S. pilot,
Thomas Jannis, and Colom-
bian army sergeant, Luis
Cruz, who were shot and
killed by rebels after the
plane went down.

After a U.S. flag was
raised before a granite wall
bearing a huge yellow rib-
bon as the Star Spangled
Banner was sung, one of
Stansell’s 4-year-old twins
asked no one in particular:
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Argentina arrests
third retired officer
— for 1972 massacre

of guerrillas



| IBUENOS AIRES, Argentina

POLICE have arrested a retired navy captain wa::ted for tordl

ture and homicide in the killings of 16 leftist guerrillas in 1972, the
; State news agency said Wednesday, according to Associated
i Press.

Luis Emilio Sosa, 73, was captured Tuesday in the Argentine |

capital on the orders of a judge investigating the so-called

“Trelew Massacre,” the Telam news agency reported.
Two other retired naval offices were arrested Saturday: Ruben:

: Paccagnini, 81, who once headed the southern military base of
: Almirante Zar Trelew, and Emilio Del Real, 73, a frigate captain
: who allegedly was at the Aug. 22, 1972 shooting of the guerrillas.

All three face charges of torture, homicide, attempted homi-

cide and illegal detentions.

Federal Judge Hugo Sastre, who is leading the investigation in

: the city of Rawson, had no comment as he prépared Wednesday
: for the initial court appearances by the other two suspects.

Local media reports said Sosa was flown early Wednesday to

? Rawson, but it was not known if he or Del Real had hired
: lawyers. A lawyer for Paccagnini told reporters his client was
? innocent, saying he was,on leave from the base when the deaths
? occurred.

The killings were preceded by an August 1972 jailbreak by 25

: leftist guerrillas from a penitentiary in Rawson in southern
: Argentina.

Six escaped guerrilla leaders boarded a plane and managed to

flee to Chile. Military forces captured the 19 others after sur-
: rounding them at an airport in neighboring Trelew, some 1,300
? kilometers (800 miles) south of Buenos Aires.

The 19 guerrillas were then transferred to the Almirante Zar

: naval base, where prosecutors allege they were machine-gunned
? in their cells.

Alberto Camps, Mary Berger and Ricardo Haidar survived the

attack, only to disappear during the 1976-1983 dictatorship.

Prosecutors contend that Sosa commanded the naval force

that took the guerrillas into custody.

Argentine in the 1970s was marked by surging leftist guerrilla

i violence and counterattacks by military forces and death squads
i as a prelude to a 1976 military coup. Nearly 13,000 people died
: or disappeared under the last dictatorship. Human oes groups
? put the toll closer to 30,000.

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Attorneys for the Plaintiff



THE TRIBUNE

THURSDAY, FEBRUARY 14, 2008, PAGE 19



wae



Heribert Proepper, Pool/AP

JOURNALISTS ATTEND the trial of 33-year-old Jordanian man ThaerAlhalah, who faces charges of founding

a terrorist organization abroad, at the higher regional court in Schleswig, Germany, Wednesday, Feb. 13,
2008. The trial of a Jordanian man charged with co-founding a terrorist group that allegedly aimed to set up
a training camp in Sudan opens Wednesday, a month after an alleged accomplice was convicted on similar

charges.

Jordanian confesses to
terrorism charges as
trial opens in Germany

m@ SCHLESWIG, Germany

A JORDANIAN confessed
in a plea agreement to co-found-
ing a terrorist group, telling a
court as his trial opened
Wednesday that he participat-
ed in online discussions about
setting up a training camp in
Sudan; according to Associated
Press.

: Thaer. Alhalah, 33, told the
Schleswig-Holstein state court
he had contact with other group
members through online chat
groups and telephone calls start-
ing in April 2006.

» Asked when the plans to start
a camp in Sudan took form,
Alhalah said: “They just devel-
oped.” :

. Speaking in Arabic through a
translator, he told the court that
jihad, or holy war, “for a Muslim
is self defense.”

_ “If someone attacks my coun-
try or my belongings with vio-
lénce, I am ready to defend my
country and my belongings with
weapons,” he said.

_ The confession to charges of
founding a terrorist organiza-

tion abroad was part of a’ plea:

deal that means Alhalah will be

sentenced at most to two years
in prison, compared to the’ legal
maximum of up to 10 years.
With the time he has already
served while awaiting trial and
German laws requiring only a
percentage of a sentence be

served, he will most likely be

freed and sent back to Jordan
in April, prosecutors said. °

Arrested

Born i. .uwait in 1974, Alha-
lah moved to Jordan in 1990,
then to Iraq in 1994 to attend
university in Baghdad. He spent
time living in Australia and
went back and forth to Jordan
before moving in 2005 to Swe-
den, where he was arrested last
year on a warrant from Ger-

many for his alleged involve-.

ment in forming the terrorist
group.

Prosecutors claim he found-
ed the group in June or July of
2006 along with four other peo-
ple. Among them was the
group’s alleged ringleader, 38-
year-old Redouane El Habhab,
a German of Moroccan heritage
who was convicted by the same

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court in January. El Habhab was
sentenced to five years and nine
months in prison; he is expected
to testify Thursday in Alhalah’s
trial.

A third suspected member,
identified only as Abdelali M.,
25, is also in detention pending
trial. The other two suspects
remain at large.

Federal prosecutors said the
group’s aim was to “build up a
front against the ‘crusaders’ in
Sudan and to carry out jihad by
committing serious crimes in
accordance with a call by Osama
bin Laden.”

Alhalah is accused of being
responsible for handling the
group’s finances and recruiting
new members. He told the court
he never had a specific task but
admitted later that he did end
up handling finances.

“I said that I would try to take
care of financial matters,” Alha-
lah said.

The group aimed to set up a
camp in Sudan to train volun-
teers “and thus to be prepared
for a guerrilla war expected by
the group,” prosecutors said,
without specifying a potential
target.

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PAGE 20, THURSDAY, FEBRUARY 14, 2008 THE TRIBUNE

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Kristaan Ingraham/BIS

DEPUTY Prime Minister and Minister of Foreign Affairs Brent Symonette welcomed Mark Johan Kroner, ambas-
sador designate of the Netherlands, during a courtesy call at the Ministry of Foreign Affairs. The meeting high-
lighted the common interests between the countries with regard to the United Nation principles of democ-
racy, the rule of law and peace. Mr Symonette pledged his ministry's support to the Netherlands at the UN
level and in other areas of mutual concern. The ambassador designate said he was delighted to have been
appointed to the Bahamas and promised to uphold the “excellent relationship” between the countries.



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THE TRIBUNE

TiWURSDAY, FEBRUARY 14, 2008, PAGE 21



| 5 INTERNATIONAL NEWS

Spielberg drops out
as adviser to the
Beijing Olympics

over Darfur dispute

@ By HELENE COOPER
c.2008 New York Times
News Service



WASHINGTON — The
movie director Steven Spielberg
said Tuesday that he was with-
drawing as an artistic adviser to
the 2008 Summer Olympics in
Beijing, after almost a year of try-
ing unsuccessfully to prod Presi-
dent Hu Jintao of China to do
more to try to end Sudan’s attacks
in the Darfur region.

Spielberg’s decision, and the
public way he announced it, is a
blow to China, which has said that
its relationship with Sudan should
not be linked to the Olympics,
which have become a source of
national pride.

In a statement sent to the Chi-
nese ambassador and the Beijing
Olympic committee on Tuesday,
Spielberg said that his “con-
science will not allow me to con-
tinue with business as usual.”

“Sudan’s government bears the
bulk of the responsibility for these
ongoing crimes but the interna-
tional community, and particu-
larly China, should be doing more
to end the continuing human suf-
fering there,” the statement said.
“China’s economic, military and
diplomatic ties to the government
of Sudan continue to provide it
with the opportunity and obliga-
tion to press for change.”

Responding to Spielberg’s
action, a spokesman at the Chi-
nese Embassy in Washington
said, “As the Darfur issue is nei-
ther an internal issue of China
nor is it caused by China, it is
completely unreasonable, irre-
sponsible and unfair to link the
two as one.”

Spielberg had written to Hu
about Darfur twice in the past 10
months, his spokesman said, tak-
ing China to task for its “silence”
while Sudan blocked the deploy-
ment of international peacekeep-
ers and expelled aid workers from
the region.

In September, Spielberg also
met with China’s special envoy
to Darfur at the Chinese mission
to the United Nations, said Spiel-
berg’s spokesman, Andy Spahn.

None of those efforts yielded
the results Spielberg wanted,
Spahn said. In the meantime,
Spielberg had come under
increasing pressure from activists
working on Darfur, including a
campaign by the actress Mia Far-
tow, to drop his association with
the Beijing Olympics.

After receiving word that Spiel-
berg had done just that, Farrow
was jubilant.

“His voice and all of the moral
authority it gives, used this way,
brings a shred of hope to Darfur,
and God knows, rations of hope
are meager at this time,” said Far-
row, a good-will ambassador for












the UNICEF who helped start a
campaign last year to label the
games in Beijing the “Genocide
Olympics.”

The actor Non Cheadle, a co-
founder of Not On Our Watch, a
Darfur advocacy group, said he
hoped that Spielberg’s actions
would force China to rethink its
position. “One guy like Steven in
a position like that is like 100 oth-
er guys,” he said. “Those are the
kinds of moves, that ifthey catch
fire, and other people think of
boycotting, or refraining, the
cumulative effect could be some-
thing that potentially could
change the calculation of that

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Spahn said Spielberg planned
to encourage others to do more to
pressure China on Darfur, but he
did not offer details. Activists said
they hoped to enlist help from
corporate sponsors of the
Olympics.

China has fought attempts to
link Darfur to the Olympics, but it
has also responded at times:to
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Last year, shortly after Spiel-
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THE TRIBUNE

THURSDAY, FEBRUARY 14, 2008, PAGE 23



INTERNATIONAL NEWS

Australian Parliament |= © =

| 6 | cs ‘ 7
@ apologises for ‘indignity

and degradation’
inflicted on Aborigines

m@ CANBERRA, Australia

ABORIGINES organized
breakfast barbecues in the Out-
back, schools held assemblies
and giant TV screens went up
in state capitals as Australians
watched a live broadcast of
their government Wednesday
apologizing for policies that
degraded its indigenous peo-
ple, according to Associated
Press.

In a historic parliamentary
vote that supporters said would
open a new chapter in race
relations, lawmakers unani-
mously adopted Prime Minister
Kevin Rudd’s motion on behalf
of all Australians.

“We apologize for the laws
and policies of successive par-
liaments and governments that
have inflicted profound grief,
suffering and loss on these our
fellow Australians,” Rudd said
in Parliament, reading from the
motion.

The apology is directed at
tens of thousands of Aborig-
ines who were forcibly taken
from their families as children
under now abandoned assimi-
lation policies.

“For the pain, suffering and
hurt of these Stolen Genera-
tions, their descendants and for
their families left behind, we
say sorry,” the motion said.
“And for the indignity and
degradation thus inflicted on a
proud people and a proud cul-
ture, we Say sorry.”

Aborigines remain the coun-
try’s poorest and most disad-
vantaged group, and Rudd has
made improving their lives one
of his government’s top priori-
ties :

“This is a historic day,” said








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Tom Calma, who gave the
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response. “Today our leaders
across the political spectrum
have chosen dignity, hope and
respect as the guiding princi-
ples for the relationship with
our nation’s first people.”

In Parliament’s public gal-
leries and at gatherings large
and small around the country,
victims of the assimilation poli-
cies and their supporters lis-
tened intently as Rudd spoke.
Many wept quietly.

Traditional cleansing cere-
monies were held in Sydney’s
predominantly Aboriginal sub-
urb of Redfern before a crowd
watched events on a big screen.
Parents clutched children on
their knees.

Many waved Australian and
Aboriginal flags.

- “Sorry heals the heart and it
goes deep,” said Rhonda
Dixon-Grovenor, an Aborig-
ine among the crowd.

“This really means a big
thing to us — a weight that can
be lifted so that we can start
our healing.”

The apology ended years of
divisive debate and a decade
of refusals by the previous con-
servative government that lost
November’s elections.

In the Outback town of
Broome on the far northwest
coast, dozens gathered before
dawn to watch the speeches in
Canberra on television via a

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scratchy feed.

“I’m glad it’s come this far,”
local Aborigine Justin Howard
told Australian Broadcasting
Corp. “But it’s not going to
stop here, there is still going to
be that hurt.”

Rudd received a standing
ovation from lawmakers and
from scores of Aborigines and
other dignitaries who were
invited to Parliament to wit-
ness the event.

“It’s great to get behind what
the government’s trying to do;
bring black and white Aus-
tralians together,” said William
Murray, 17, one of more than
1,000 who gathered at two
giants screens outside Parlia-
ment.

Aboriginal classmate Cyril
Johnson, 17, also welcomed the
apology.

“It’s really good everyone
realizes now they did a bad job
in the old days and the apology
is really good,” Johnson said.

The apology places Australia
among a handful of nations
that have offered official apolo-
gies to oppressed minorities,
including Canada’s 1998 apol-
ogy to its native peoples, South
Africa’s 1992 expression of
regret for apartheid and the
U.S. Congress’ 1988 law apol-

“ ogizing to Japanese-Americans

for their internment during
World War II.

Aborigines lived mostly as
hunter-gatherers for tens of








thousands of years before
British colonial settlers landed
at what is now Sydney in 1788.

Today, there are: about
450,000 Aborigines in Aus-
tralia’s population of 21 mil-
lion. They are the country’s
poorest group, with the highest
rates of jailing, unemployment
and illiteracy. Their life
expectancy is 17 years shorter
than other Australians.

The debate about an apology
was spurred by a government
inquiry into policies that from
1910 until the 1970s resulted in
100,000 mostly mixed-blood
Aboriginal children being tak-
en from their parents under
state and federal laws based on
a premise that Aborigines were
dying out.

Most were deeply trauma-
tized by the loss of their fami-
lies and culture, the inquiry
concluded, naming them the
“Stolen Generations.” Its 1997
report recommended a formal
apology and reparations for the
victims.

Rudd ruled out compensa-
tion — a stance that helped
secure support for the apolo-
gy among the many Aus-
tralians who believe they
should not be held responsible
for past policies, no matter how
flawed.

He pledges instead to lift the
living standards of all Aborig-
ines, and on Tuesday outlined
bold targets for cutting infant
mortality, illiteracy and early
death rates among indigenous
people within a decade.

Aboriginal leaders generally
welcomed the apology, though
some said it was empty rhetoric
without addressing the issue of
compensation.



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THE BAHAMAS RED CROSS
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Mark Graham/AP



AUSTRALIAN Prime Minister Kevin Rudd speaks at the Aboriginal
Welcome to Country ceremony on the opening day of Federal
Parliament in Canberra Tuesday, Feb. 12, 2008.

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PAGE 24, THURSDAY, FEBRUARY 14, 2008

THE TRIBUNE



INTERNATIONAL NEWS

London to raise its congestion
charge to punish gas guzzlers:

MLONDON

DRIVERS of gas-guzzling cars
will have to pay nearly $50 a day
to enter central London, triple
the current charge, while the
most fuel efficient vehicles will
get a free ride, the mayor said
Tuesday, according to Associated
Press.

Mayor Ken Livingstone, who
introduced the daily congestion
charge on trucks and cars enter-
ing central London in 2003 to cut
traffic and pollution, said the
change is primarily aimed at the
big cars owned by people in
wealthy parts of the capital.

The mayor, who has the power
to make the change without leg-

NYU
re
7 ANS

Si

islative approval, said it will go
into effect on Oct. 27. “The CO2
emissions from the most high-
powered 4x4s and sports cars can
be up to four times as great as
the least polluting cars,” he said.

Livingstone said that 17 per-
cent of the cars that visit central
London each day — or about
33,000 — will pay the $49 charge,
while 2 percent will go freg. The
remaining 81 percent — and
trucks — will continue to pay the
current $16 fee.

London’s congestion charge is
widely credited with reducing
traffic and changing commuting
patterns for the better in the cap-
ital.

Officials from other large cities

around the world have studied
the plan or discussed imitating
it.

Last month, New York State’s
traffic commission voted to rec-
ommend that New York City
charge drivers an $8 daily fee to
bring their cars into Manhattan
below 60th Street. That still
would require the approval the
State Legislature.

On Tuesday, groups such as

Greenpeace praised Living-
stone’s changes.

But Phil Popham, the manag-
ing director of Land Rover, said:
“We believe it will have immedi-
ate costs for our business, but
doubtful benefits from an envi-
ronmental perspective.”

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A VEHICLE enters the congestion charge zone in London, on Tuesday. London mayor Ken Livingstone has

announced that the highest polluting vehicles will pay a daily charge of 25 pounds ($49, euro34) to enter the
congestion charge zone. The new charges come into force on 27 October this year.

British campaigners call

for ban on ‘Mosquito’
devices used to drive

m LONDON

ENGLAND’S commissioner
for children and a civil liberties
group joined in a campaign
Tuesday to ban high-frequency
devices intended to drive away
kids who congregate outside
shops and in other areas, accord-
ing to Associated Press.

The so-called “Mosquito”
device emits high-frequency
noise that is audible — and
annoying — to young ears, but
generally not heard by people
over 20.

“This device is a quick fix that
does not tackle the root cause
of the problem and it is indis-
criminate,” English Children’s
Commissioner, Al\Aynsley-
Green said.

The campaigners claim that
about 3,500 of the electronic kid
repellents, made by a Welsh
company, are in use.

Aynsley-Green said in an
interview with British Broad-
casting Corp. radio that the

devices do not deal with the real
problem, which is that children
have no place to gather other
than on the streets.

“I think it is a powerful symp-
tom of what I call the malaise at
the heart of our society,” he said.
“I’m very concerned about what
I see to be an emerging gap
between the young and the old,
the fears, the intolerance, even
the hatred, of the older genera-
tion toward the young.”

Youth crime is a major con-
cern in Britain; according to the
crime prevention charity Nacro,
young people are responsible for
two-fifths of incidents of theft,
burglary, robbery and violence.

Fear of violent youth was
underlined this week by the con-
viction of a 19-year-old man, and
youths aged 17 and 16 for killing
a 47-year-old man who had con-
fronted them about their drunk-
en behavior.

Shami Chakrabarti, director
of the civil rights group Liber-
ty, supported the campaign

against the devices. “Imagine the
outcry if a device was introduced
that caused blanket discomfort
to people of one race or gender,
rather than to our kids,”
Chakrabarti said. “The Mosqui-
to has no place in a country that
values its children and seeks to
instill them with dignity and
respect.”

The Mosquito’s inventor,
Howard Stapleton, has called for
agreement about guidelines for
using the devices.

“We tell shopkeepers to use it
when they have a problem and I
would be more than happy to
introduce a contract which stip-
ulates to shopkeepers how it can
be used,” Stapleton was quoted
by the Western Mail newspaper
as saying.

“People talk about infringing
human rights but what about the
human rights of the shopkeeper
who is seeing his business col-
lapse because groups of unruly
teenagers are driving away his
customers?”



China targets Web sites

m BEWING

Seeking to ferret out online

games considered overly violent

or unhealthy, China has target-
ed illegal Web sites, computer
markets and Internet cafes as
part of a campaign to rein in
juvenile, crime, according to
Associated Press.

The crackdown, christened

“Operation For Tomorrow,” is

also aimed at Web sites offer-
ing unregistered playing plat-
forms or services for gamers that
can be downloaded, the official
Xinhua News Agency said Tues-
day.

The plan will “use the law to



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attack, investigate and prose-
cute ... to cleanse the environ-
ment in which young people are
raised and prevent and reduce
juvenile crime and illegal activ-
ity,” the report said.

China strictly monitors the
Internet for anti-government
speech and uncensored news
reports, but the report made no
mention of such content.

Xinhua said the plan espe-
cially targets school dropouts,
runaways, children of inmates,
and children left behind by par-
ents who have migrated for
work.

Unlicensed Internet cafes,
known as “black Web bars,” will

es te

NZIBY BAReBD S00ZO

suo



be closed down and supervision
will be tightened over legal
cafes, the report said.
Internet cafes have been
repeatedly targeted for breed-

ing juvenile crime and promot-

ing truancy, despite widely
ignored rules barring anyone
under 18 from admission.

Located in towns and small
cities throughout China, Inter-
net cafes mainly offer online
games that are popular among
young people.

Authorities have blamed the
cafes for Internet addiction and
for encouraging juvenile crime
as a way to earn money to play
online games.

Online pornography will also
be attacked under the crack-
down, the report said.

Government offices were
closed for the Lunar New Year
holiday Tuesday, and spokes-
men were unavailable for com-
ment.

The report carried the author-
ity of an official announcement
because it was posted on the
Web site of the Central Com-
mittee for Comprehensive Man-
agement of Public Security. Xin-
hua is state-owned and often
serves the function of proclaim-
ing official policies.

The committee is a high level
coordination and advisory body
for public security departments
under the central cabinet and
Communist Party Central Com-
mittee.

Enforcers will act under
guidelines adopted last year by
14 government departments,
including the Culture Ministry,
State Administration for Indus-
try and Commerce, Public Secu-
rity Ministry, and Information
Industry Ministry, the report
said.

Like most such measures, the
crackdown seeks to increase
government supervision and
control over services for vulner-
able groups.

While promoting government
shelters and other official ser-
vices, it will step-up supervision
over domestic and foreign char-
ity groups and other non-gov-
ernmental organizations, the
report said.



THURSDAY, FEBRUARY 14, 2008, PAGE 25

THURSDAYEVENING ~— FEBRUARY 14, 2008

7:30 | 8:00 | 8:30 | 9:00 | 9:30 | 10:00 | 10:30

NETWORK CHANNELS
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THE TRIBUNE

COMICS PAGE

rFAUE 20, 1MUNOVAT, FEDNUANY

14, 2UUS





CAESARS
HISTORY,
ISN'T HE?

I WAS AN IDIOT,
SAM! WHAT CAN I

SHELL BE SORRY IF SHE
TRIES To PASS ANOTHER
NOTE.

THAT DIRTY SUSIE DERKINS.










PSST...CALNIN! PASS
THIS SECRET NOTE TO
JESSICA, OKAY ?



woe EVER PO TO MAKE
Ef IT UP TO YOU?











TN
Cadi
* Fy

—





YES, O/RILEY TORE
UP YOUR LETTER OF
AGREEMENT--- YOURE
HOME FREE!

PACK UP TWO
CASES OF OUR
BEST CABERNET---
WE'RE LEAVING!

“DEAR JESSICA,

You KNOW WHAT I HATE
ABOUT CALVIN? HE'S A
SQUEALER ! SIGNED, SUSIE:

SS 2. 4

yield aA

TAKE THIS AWAY AND ~
sen i \N FRONT OF








I

STAYING IN NEW YORK,
BUT LUANN BEGGED ME
NOT TO LEAVE



| I HATE TO BE A PROBLEM
BUT I'M U=
BROKE.



“WHAT DOES MR.WILSON Do ALL NIGHT
WHEN REGULAR PEOPLE ARE SLEEPIN’2 v







[ {GOT A LOT OF PRESENTS
FOR CHRISTMAS, MR. B.





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I THINK THIS CAP
L GOT FOR CHRISTMAS
1S PERFECT FOR
MY NEW TAKE-CHARGE
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No IN CRDER To
STAY IN BUSINESS,
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NEW COSTONERS,
| WHICH MEANS WE

THE NERKLALEAD OF
TRE TOBACCO AND
ALCOHOL INDUSTRIES

To INNINTAIN,.A STEROY
FLOW OF INCOME

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NEED To \

1 GUESS YOU WERE A GOOD
BOY ALL YEAR

RESPECT...SOLDIERS,
FIREFIGHTERS...
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150 \'N CRING To FoLLON |



. SUST DURING THE
SHOPPING SEASON





DINERSIFY...
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IT SANS THEY ARE
OPEN 24 HOURS A DAY,



ACROSS

1 Remove what may be piled untidily 1
outside the bus terminus (6)

7 Does such bowling call for 2
deodorants? (8) 3






8 Left by air for a favourite spot (4) 4

10 To fine leg? (6)

11 Painter who was sick of being in the :
police? (6) :

14. Aninterjection of huge emphasis (3) 8

16 Like something solid for my tea, 9
perhaps (5) n

17 One’s holiday may be in the balance B
(4)

19 Something cold a pupil’s unhappy 5
about (5) ; 18

21. It's commonplace not to allow a 19
successful conclusion (5) 20

22 After a time, ten may come from a
rubber tree (5) 21






23 One of those courtroom smoothies (4)
i O 26 Having had alot of fresh dates? (5) i
if 28 A lining to keep the kettle warm? (3)
ih N 29 Despot possibly ratty about a piece of a
f= news (6)
30 Being out about a quarter of an inch is 6
not bad (6) 7
31 Birds giving breathless cries? (4)
32 County whence everything may go to 28
the crown? (8)
33 A flier with a name as an artist (6) 30






CRYPTIC PUZZLE

DOWN

CARRACTER
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RUS

OPN beam oN

INAGE

DST OY URNERSM PRESS SYMACATE

CLINIC



HAVE A LOCK ON
THE VOOK 7

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Attractive change of rule (4)

Such a place maybe figures in a deal
(7)

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(5)

A girl accepts it in friendship (5)

Old ones have their convictions (4)

| see men’s hearts as cold and hard (3)
Persuaded to get part pickled (3)

The Spanish hold a grammatical article
as feminine (5)

The sickly boy weakened (5)

You might write one like a shot (5)
Held session one day (3)

The Continental kiss is without real
care (3)

There are ways bands can hide
unwanted information (3,4)

Grassy part of a clearing (3}

To be seen in a natural light (6)

Fair Isle maiden (4)

A county, part of London, actually near
Harrow (6)

A plant to keep for sale (5)

Try endlessly to sort out our mess in
“32 Across” (5)

A letter we get wrong is in the
minority (3)

When shot, will it run away? (4)












EASY PUZZLE






Yesterday’s cryptic solutions

17

Yesterday's easy solutions



So WHY vo THEY VOB









ACROSS: 1, Brush 6, A-to-ll 9, Heroine 10, Pla-I-n 11, Yarns
12, Boobli.e.)s 13, Best man 15, Pen 17, Army 18, Ad-Ml-re
19, Jerry 20, Cellar 22, B-od-e 24, Hal(-ted) 25, Curator
26, Stare 27, At sea 28, Fares 29, Art-is-an 30, G-runt 31,
Rall

DOWN: 2, Roller 3, Shifty 4, Hen 5, No-t on 6, An-ybo-dy
7, Teas(-e) 8, Longer 12, Baker 13, B-atch 14, Sm-all 15,
Pilot 16, Newer 18, Argue 19, Jam tart 21, Easter 22,
Banana 23, Do wel-L 25, Craig 26, Sean 28, Far









GVOSHNODO



ACROSS: 1, Stoop 6, Cobra 9, Rollmop 10, Knead 11,
Melon 12, Robin 13, Demoted 15, Get 17, Emir 18, Parade
19, Steal 20, Images 22, Tune 24, lan 25, Habitat 26,
Cabin 27, Pilot 28, Datum 29, Perched 30, Egged 31,
Never :

DOWN: 2, Tandem 3, Orator 4, Pod 5, Flood 6, Comical 7,
Open 8, Rooted 12, Rents 13, Debit 14, Milan 15, Gamut
16, Tenet 18, Pagan 19, Sedated 21, Making 22, Tirade 23,
Nature 25, Hitch 26, Cope 28, Den

Rel ABILITATION








Pa
eS a
| al

ie

nN
poe
mM

ACROSS

Package (6)

7 Particular (8)
8 Fog (4)

10 Card suit (6)
1 Profession (6)
14. Mesh (3)

16 Health worker (5)
17 Elderly (4)

19 Start (5)

21 Wading bird (5)
22. Disgusting (5)
23 Playthings (4)
26 More learned (5)
28 Barrier (3)

29 Iterate (6)

30 Sovereigns (6)
31 Paradise (4)
32 Decelerate (4,4)
33. Giggle (6)

Contract Bridge

By Steve Becker



Sherlock Holmes Expounds

East desler.
Both sides vulnerable.

NORTH
AJ
Â¥Q84
#KQ2
#KQ1093
WEST EAST
#1098643 472
VI975 ¥63
483 #109765
2 &J875
SOUTH
@KQ5
Â¥AK 102
@Al4
&A64
The bidding:
East South West North
Pass 2 NT Pass 7NT

Opening lead — ten of spades.

“Holmes,” said Watson, as he sat
dejectedly in his easy chair inscrib-
ing the hand shown, “I experienced
another crushing defeat at the club
today. As you know, I have been los-
ing steadily over the past fortnight,
though in all candor I must say I have
held :.:5 fair share of the cards.

“Alas, an evil scourge seems to
pursue me and, to add to my woes,
each time I am on the verge of a tn-
umph, an unexpected quirk of fate
conspires to deprive me of it. I find
that i hu-e.now-acquired-a defeatist
attitude at the table.”

The gréat/detective’s: deep-set



eyes twinkled as he reached for the
diagrammed deal. “Tell me of your
latest experience,” he said.

“I was South,” the doctor replied
sadly, “‘and quickly found myself in
seven notrump. I won the spade lead
with the ace and cashed three hearts,
learning that West held four to the
knave. When I next played the king
and a low club, to the ace, West
showed out, leaving me with only 12
tricks and no hope of a 13th. I was
extraordinarily unlucky to encounter
such a filthy le of the cards. The
odds must have been 20-to-1 in my
favor.”

“Alas, my dear friend,” said
Holmes, reaching for his pipe, “you
think but you do not reason. You
failed to explore fully all the aspects
of the hand. You should have cashed
the K-Q of spades after cashing the
K-Q-A of hearts. ‘

“Had you done so, you would
have learned that West started with
six spades and four hearts. When you
next led the ace and a low diamond
to the queen and West followed suit,
you would have established beyond
any doubt that West had at most one
club. You would therefore cash the
king of clubs, then lead the nine and
finesse against East’s knave with
xusolute certainty of success.”

“A remarkable analysis,
Holmes,” said the doctor, admiringly.

“Purely elementary, my dear
Watson,” the great detective replied.



ihe |
i

Pe, @
Gres




Da

THURSDAY, (|
FEB 14 .

AQUARIUS — Jan 21/Feb 18>»,
Follow-through is the key to locking”
in deals that can help you in your
career, Aquarius. Make sure yo *
your “Is and cross your “Ts as.
well — details are appreciated.

PISCES — Feb 19/Mar 20
Keep doing what you’ve been doing,
Pisces. You’re in an ideal position to
expand your skills, horizons and
earning power.

ARIES — Mar 21/Apr 20 __, ;
Everything you touch tums to gol 3
Aries. Make productive use of your /
resources, and you’ll attract much sup- *
port down’ the road. But, beware of
those who take advantage. :
TAURUS - Apr 21/May 21 =~)
Happy times are here, especially if ad
you are beginning a new romantic We
relationship, Taurus. Your connection

is now stronger than ever thanks to
your ability to speak openly.

GEMINI - May 22/Jun 21

Keep plugging away at projects,
Gemini. You'll find you must multi-

task this week, especially when some- spss
thing big arrives by midweek. Makea_ *
list, or have a game plan in mind.
CANCER - Jun 22/Jul 22 ‘
Your ability to concentrate will-not =
be very strong this week, Cancer).<
Friends can help you along and pre




at

=
oO é

w
w

clas

HOW many words of four letters or more can you
make from the letters shown here? In making a word,
each letter may be used once only. Each must contain
the centre letter and there must be at least one nine-
letter word. No plurals, or verb forms ending in “s”, no
words with initial capitals and no words with a hyphen
or apostrophe permitted. The first word of a phrase is
permitted (e.g. inkjet in inkjet printer).

TODAY'S TARGET

Good 15; very good 22; excellent 31 (or more).
Solution Monday. .

YESTE ROMA'S SOLUTION
ee adve cereal dan ean





















1

ny

nm
iE o

om
Oo .

31
a





orator |

aves
word
| orator _ |

public speaker



CHESS by Leonard Barden

Gawain Jones v Wang Yue,
UK v China, Liverpool 800
match 2007. The home

team lost the match 20-28



vide the guidance you need. Expéé?
big news by Thursday. th ees
LEO - Jul 23/Aug 23 _
This week will be hectic and ‘you
might feel stressed out and distragig dg
Leo. Spending long hours at Work” ~
will not help the situation, so seé\if
you can sneak out early one day.

VIRGO -— Aug 24/Sept 22
Unexpected glitches in a project are
set to arise on Tuesday, Virgo.
You'll be full of energy for most of
the week, so you’ll be able to tackle
the problem effortlessly.

LIBRA -— Sept 23/Oct 23
Money has been burning a hole in
your pocket, and you’re ready to
spend, Libra. Better keep that cash in
check a little while longer because
you'll soon need it.

SCORPIO -— Oct 24/Nov 22

You will make tremendous progress B

=e
in fulfilling goals you’ve set £02 Ba
yourself, Scorpio. You have moti¥asy) >
tion, power and resources on your’ if
side to get the job done right.

SAGITTARIUS — Nov 23/Dec 21
You'll be faced with delicate top-
ics this week, Sagittarius. Don’t
tiptoe around the issues. Get to
the heart of the situation, and be
honest about your feelings.

CAPRICORN - Dec 22/Jan 20
You don’t need any outside motiva-
tion to plow through your work —
you're naturally motivated. Afterward,
rest up, because change is in store for
you, Capricom.





al '
a q





DOWN i

i won ferevely (6 but Jones, 19, impressed

2 Scolded (6) with his combative play.

: ae (4) a Here his well-planned

in pigmen' :

5 Skinflint (5) Opening has netted two

6 Distress signal (5) pawns with what should

: fea have been a winning w a

. a a

12 Sprint (3) endgame. Now White . rs
13 Treatise (5) continued 1 Rg8+ Ke7 2 h4 me aE
i Neale seis when Black managed to : C . ey $s
ve blockade White’s passed victory. Can you spot the ae our Gare
20 Dety (i) pawnandholdout fora»: Young grandmaster missed? a 6
7 Oacene draw. The right plan would ao
23. Flair (6) have forced an early LEONARD BARDEN i
24 Portent (4) mi us
25. Sibling (6) =

26 Joint (5) ‘ee
27 Cutlery item (5) SL TSE oo Y
28 Failure (3) — ol Bk
30 Tear (4) :

Chess 8539: 1 Rq8+ Ke? 2 {6 +! Bxf6 (if Kxf6 3 Rxe8 or
Kd? 3 BESt) 3 Rely BeS 4 RxeSt! dxed 3 dé+! Kxd6 (or
Kd7 4 BfS+) 4 Rxe8 and White wins with his extra
bishop.



IHE | RIBUNE IMUROVAY, FEDRUAN! 14, CUUO FNUE er



Sy BRE a





ef
ee15 oz

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CHEESE

Carnation
410g








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OTs OF OTHER SAVINGS
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139 = .2/$5.

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30 oz Regular | F









7 _ WAFERS WHEN YOU BUY 2 JUICES/| ae ae
: 227g SUGARFREE = gua ee a



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25 oz Asst’d |

DISH | |
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VOORTMAN
a5





ig:

-qoi S/ E rT ¢ om 4 -
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Oo} 3 . ans’? b pitres



w | BASA 1 99 | :
st BASA (WITH LID) (WITH TRAY) |

sate

DISH |G@oâ„¢




LAUNDRY

NEW |



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De 2pin an CUTE BE gt CM, Rosetta or Sea Grapes ss Ay BO"
ct availability may differ for Grand Bahama _ fast: Reliable: Worldwide a seaicahaia
aie ETT Ee Bi LENNART RRR TATED TA ¥ NUGETAWREEZOANTASED





Baileys

Chocolate Cups Ltr.

Arbor Mist

Strawberry
White Zinfandel 750m!

Now

°6.1



Carlo Ross

() Sangria 1.5 Ltr.

Barefoot

Chardonnay 750mI

Smirnoff

Vodka 40oz.

Pinot Grigio

750ml

THE TRIBUNE

7

Climax

Energy Drink 8.402

Lamothe Parrot
Red 7somi

NOW .

$4.75

Pearly Bay
Celebration
Sparkling Wine 750ml





THE

oT TL
EVIE apm Ci

FM cp

Corporation

* Current liabilities
exceed assets by $50m
at 2006 year-end

* Corporation faces
$30m unfunded
pension liability

@ By NEIL HARTNELL i
Tribune Business Editor



AN ALMOST-$20 MIL- }
LION bailout by the Bahamian :
taxpayer helped the Water & :
Sewerage Corporation turn ;
what would have been a $19 :
million loss into a small six-fig-
ure profit for 2006, with its cur- :
rent liabilities exceeding cur- :
rent assets by more than $50 ;
million. i

Although the Corporation :
has not quite proven to be the :
drain on the Government and }
Bahamian taxpayer that its }
public counterparts have been, }
producing a total $73.222 mil- ;
lion loss over its 30-year exis- ;
tence, an average loss of $2.44 :
million per year, the ever- }
increasing subsidies it is :
demanding continue to eat-up :
valuable public funds. ;

The $19.8 million govern- :

SEE page 10B

THESE PRICES ARE INTENDED TO BE USED
AS A GUIDE ONLY, FOR CONFIRMATION
CHECK WITH YOUR NEAREST GAS STATION



























TRIBUNE




TERRE

SECTION B ¢ bus Cee eee race

SRG ‘pursuing diligently’
constitutional challenge

@ By NEIL HARTNELL
Tribune Business Editor

INDIGO Networks and its
parent, on Resource
Group (SRG) , are “pursuing
diligently” their constitutional
challenge to the Bahamas
Telecommunications Compa-
ny’s (BTC) cellular monopoly
and attempts to preserve its
‘monopoly’ status, their
attorney told The Tribune

BRUARY: 14:



Company’s president expresses hope that
recent rulings spell beginning of end for
BTC moves, resulting in ‘level playing field’
for Bahamas telecoms competition

yesterday.

Brian Moree, senior partner
at McKinney, Bancroft &
Hughes, said IndiGo and SRG
had filed their “first round of
evidence” with the Supreme
Court, and were now awaiting

replies from BTC and the sector
regulator, the Public Utilities
Commission (PUC)).

“The constitutional action is
being pursued diligently,” Mr
Moree told The Tribune. “The
first round of evidence has been

BORCO deal shows need

for a new cruise port

Chamber chief supports construction employment effects

@ By CARA
BRENNEN- BETHEL
Tribune Business
Reporter

The $900 million purchase of
the Bahamas Oil Refining Com-
pany ( BORCO) is welcome
news to the struggling Freeport
economy, the Grand Bahama
Chamber of Commerce presi-
dent told Tribune Business yes-
terday, although he said it again
showed the need for a new
cruise port and raised some
environmental standards con-
cerns.

Greg Moss, who heads his
own law firm, Moss & Associ-
ates, responding to the acquisi-
tion by First Reserve, said the
US private equity firm’s plans
for expansion boded well for
construction employment on
Grand Bahama.

“What I understand from
their business plan, although I
have not met with them per-
sonally, is that they want to cre-
ate a staging area for the ship-
ment of crude oil and petroleum
products,” he said.

“This will significantly change |

the existing refinery and the
storage location... so we wel-
come the increased economic
activity and employment in the
construction and day-to-day
operations that this will pro-
vide.”

Mr Moss did, however, point
out that with First Reserve’s
expansion plans for BORCO
he did have two points of con-
cern. The first was the poten-
tial environmental impact from
the increased oil transhipment











Construction Services



Quantity Surveying
Donetrotion: Menegetittn

TEE TR mnt
Consultants

veritasbah@ batelnet. bs

Chureh Street Plaza
#448 Shirley & Church Street
AOR Lt) On eer Ue U





OL PAR PP ED |



éy NEIL HARTNELL

certainly First
vibune Business Editor u

equity firm
dillion in
ma ee and














by insti re! onal
ch as pow



st
ey industry bat was
aid GOL} have beer

inital ladders for BOROO.







rev _, December 1. Ab the same time,
at old company,

+ and take tanks over a period of









Grand Bahama-based
age, bunkering and transi
ment facihty, questioned
December 1, 2007, date for,
takeover and deals’ closuny
te ee rebate, pa

One source told The Tri.
bune: “They [First Reserve}
appear to have reached sume
agrocient by which they
would take aver BORCO by








Abey Have agmeements with var-
Jous Companies and commit
ments from clients to come in ges







tme,~

Another contact involved tn
the BORCO sales process.
speaking on condition of

date given thas i¢ was olen
year-end for most compani
a convenient fms to add ny
assets to the balance sheet al



HOW The Tribune first revealed the BORCO purchase by First Reserve

in November 2007.

and storage volume at the site.

“We need to be very con-
scious of the environmental
aspects of this, so that there is
not any - or additional - envi-
ronmental degradation to the
water table,” he said.

Mr Moss added that the

AMAHTTNT AAT RCSA



Mey. scan.
hh everything oO small 9

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@ 4

aad.

TANTRA UT

increased ‘physical infrastruc-
ture First Reserve is planning
for BORCO will change the
harbour’s appearance as it
relates to-cruise passengers.
He said that in its initial

SEE page 11

MATRA,
HATA TTATATT UATE TH

lje

exchanged,.and we are now
waiting for evidence in reply
from the PUC and BTC. That’s
where it stands.
“There are some open dis-
covery issues that have to be
addressed. All parties are work-
ing hard to get it to trial as soon
as possible, bearing in mind that
by any standards it is an
extremely important point
[case].”
’ IndiGo and SRG filed a sum-

mons last year seeking declara-

tory relief on constitutional

_ grounds, part of the company’s
' ongoing battle to carve out a

competitive niche for itself in



















@ By NEIL HARTNELL
Tribune Business Editor

losses.

million loss.

SEE page 14






Airport Authority gains
$13m taxpayer subsidy

THE Airport Authority produced a $43.638 million loss for
the Government and Bahamian taxpayer in the first seven
years since it was created, an average of more than $6 million per
year, with a $13 million subsidy required to cover its fiscal 2007

The financial statements for the Airport Authority’s 2007
financial year, tabled in the House of Assembly yesterday,
revealed that for the 12 months to June 30 last year, the entity
that owns Lynden Pindling International Airport (LPIA) sus-
tained a $19.569 million loss before the Government rode to the
rescue with a more than $13 million subsidy.

That dropped the Airport Authority’s net loss for fiscal 2007
to $6.534 million, an improvement on the previous year’s $8.844

For fiscal 2006, a government/taxpayer subsidy of just $4.328
million was required, but the Airport Authority’s financial
position again illustrates how government corporations and
agencies suck up valuable public funds that could be used to

Money Safe.
Money Fast.

Bank of The Bahamas

INTERNATIONAL

Ontine att

the Bahamian telecommunica-

tion sector amid BTC’s
attempts - assisted to some
extent by the previous adminis-
tration - to preserve-its privati-
sation value by limiting their
competitiveness.

The action targets the
Telecommunications Act and

SEE page 14






® Bank of The Bahamas

I N-ToER N A LT OaNgaga



- 7 b
wmMicronet.bs

Micronet

eee Bib sesincntaeg-tanal

¢

mt

56 Madeir a St.

yh.
b Prysn
ey *

orks
Pabedan



PAGE 2B, THURSDAY, FEBRUARY 14, 2008

THE TRIBUNE





Trust in your application

IN ORDER to provide trust
services, financial institutions in
the Bahamas must apply, under
the Banks and Trust Companies

Regulation Act 2000, to the Cen-
tral Bank of The Bahamas for a
trust license. This is in accor-
dance with the procedure out-

It's time to

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lined in the Bank and Trust
Companies (Licence Applica-
tion) Regulations.

There are generally two types

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of licences available to potential
licensees: an unrestricted/public
trust licence and a restricted
trust licence.

An unrestricted/public trust
licence is a licence issued to a
trust company, which is permit-
ted to carry on trust business
with members of the public. A
restricted trust licence is a
licence issued to a trust company
that is allowed to carry on busi-
ness for certain specified per-
sons, who are usually named in
the licence.

With regard to the beneficial
ownership of a trust company
with an unrestricted trust licence,
The Central Bank, as a matter of
policy, prefers that such institu-
tions be owned by a highly rep-
utable financial institution or a
well-established entity.

Alternatively, the Central
Bank requires that there be at
least five shareholders of high
net worth where the trust com-
pany is owned by individual per-
sons, notwithstanding the fact
that the minimum number of
shareholders required by law for
a trust company incorporated
under the Companies Act 1992
is two.

The ownership requirements
for a restricted trust licence may
be less than five individuals.

Principals supporting an appli-
cation for a trust licence,
whether unrestricted or restrict-
ed, will ordinarily be required
to attend an interview at the
Central Bank during the appli-
cation process, and should sub-
mit financial projections for the
proposed entity to cover a peri-
od of at least three years.

In order to expedite the appli-
cation and ensure proper com-
pliance with the regulations, it
is often recommended that the
principals - as promoters of the
proposed licensee - prepare a
letter to the Governor of The
Central Bank, outlining the rea-
sons for the trust licence and any
long-term plans or objectives
they have.

The minimum capital require-
ment for a public/unrestricted
trust licensee is $1 million, where
the applicant/trust company is
to be a wholly-owned subsidiary
of an existing financial institu-
tion. However, a higher mini-
mum ‘capital may be required,
based on the Central Bank's
review and assessment of the
promoters’ profile , the types of
proposed activities, and the vol-
ume of business projected for
the first three-year period.

Where the applicant /trust
company is to be owned by indi-
viduals (whether through a hold-
ing company or not), the mini-
mum capital requirement for an
unrestricted trust licence is $2
million.

The annual fees payable
under the Banks and Trust
Companies Regulation Act for

ublic trust companies are
$25,000. Please note that public

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trust companies are required to
increase their capitalisation to 5
per cent of total assets or 8 per
cent of risk assets, whichever is
greater, as their business grows.

Additionally, public trust
licensees are required to have
fidelity or bankers blanket bond
coverage of $1 million

The minimum capital require-
ment for a restricted trust
licensee is $100,000. However,
a higher level of minimum capi-
tal may be required, depending
on the factors listed in the pre-
vious paragraph. The annual
fees payable under the Banks
and Trust Companies Regula-
tion Act 2000 for restricted trust
companies are $2,500.

As mentioned previously, a
restricted or unrestricted trust
licensee must be a company
incorporated under the Compa-
nies Act 1992, since Interna-
tional Business Companies
(IBCs) are prohibited, under the
International Business Compa-
nies Act 2000 from engaging in
banking or trust business in the
Bahamas.

All applicants must provide
the following information for a
trust licence: ‘

1. The name of the trust com-
pany.

2. Address of the head office
or registered office. If the regis-
tered or head office is outside
the Bahamas, then applicants
must provide

(a) The address of the princi-
pal office in the Bahamas.

(b) The name of the officer
who is to be the trust company's
authorised agent in the Bahamas

(c) The name of the other offi-
cer who, in the absence of the
officer named as the authorised
agent, is to be the trust compa-
ny's authorised agent in the
Bahamas.

3. Financial year of the trust

company

4. The name, address,-and
professional qualifications of the
auditors, who must be based in
the Bahamas.

5. Full names, addresses and
nationalities of all of the share-
holders, and the number of
shares held by each shareholder.

Each shareholder will be
required to provide the follow-
ing information/documentation:

1. Two character references,
indicating the length (at least
five years) and nature of the
relationship (for example,per-
sonal or professional), and
knowledge of the educational
and employment history of the

individual.

2. Financial reference from a
bank with whom he has had a
relationship for at least five years

3. A detailed curriculum vitae

4. Personal financial statement

5. Police certificate

6. Audited f*nancial state-
ments for the past two years (if
the shareholder is a company).

7.. Names, addresses, and
nationalities of all persons who
are directors, officers, partners -
or managers.

8. Capital structure (as out-
lined above)

9. Name of all subsidiary com-
panies of the applicant, with the
addresses of their registered
office.

10. Copy of the act, charter,
Certificate of Incorporation,
Memorandum and Articles of
Association or Partnership
Agreement of the applicant/pro-
posed trust company, duly certi-
fied and authenticated by the
Registrar General for compa-
nies incorporated in the
Bahamas under the Companies
Act. In the case of a foreign ©
company, these documents must
be certified and authenticated
under the public seal of the .
country, state, or place of the
laws, under which the company
was incorporated.

Where the trust company is
an existing company, audited
financial statements for the pre-
ceding two years are required,
together with a statement of the
assets and liabilities at the end of
the month, prior to the submis-
sion of the application, certified
by a Director. or senior officer
of the company.

‘10. Statement of the capital of
any other company held, direct-
ly or indirectly, as an asset of
the applicant.

11. Details of the proposed
internal controls to be imple-
mented by the applicant.

12. Three-year financial pro-
jections incorporating a business
plans.

© 2007. Tyrone L. E.
Fitzgerald. All rights reserved.
NB: The information con-
tained in this article does not
constitute nor is it a substitute
for legal advice. Persons read-
ing this article and/or column,
generally, are encouraged to
seek the relevant legal advice
and assistance regarding issues
that may affect them and may
relate to the information pre-
sented.

Tyrone L. E. Fitzgerald is a
practising attorney in the
Chambers of Fitzgerald &
Fitzgerald. Should you have
any comments regarding this
article, you may contact Mr
Fitzgerald at Suite 212,
Lagoon Court Building, Olde
Towne Mall at Sandyport,
West Bay Stret, PO Box CB-
11173, Nassau, Bahamas or at
tyrone@tlefitzgeraldgroup.com

POSITION OF
THAT

A financial institution seeks an Accountant.
Candidates must have at least 3 years experience
in accounting in the financial industry with sound
knowledge of but not limited to:

Formulating budgets
Managing Accounts Receivables and

Payables

Preparation of monthly and annual
financial reports and statements
Preparation of bank reconciliations and
various general ledger accounts to the sub

ledgers

Co-ordinate the annual audit with external
auditors and preparation of the necessary

schedules

Preparing reports for the regulators
Must be a team player

Must possess people skills and be prepared
to interact with members

Minimum qualifications: AA in
Accounting

Calculates NIB, Vacations, Deductions, etc
Maintains Personnel Data
Plus More!
keeps PHOTOS & NOTES
keeps HISTORY for ALL paydays

Full version also available for
larger businesses!

** No More Miscalculations —
_ **No More Spreadsheet Errors***

Call For A FREE Demo! iT
3 5592 2 Perce tace |

bgp ina Type
Wi Regudor
O° Sat A
Sette 8

Please forward resume before

February 18, 2008 to P.O. Box N-7544
wvww.isibahamas.com

Ish LBAHAMAS





- THE TRIBUNE



Renewable energy key as power prices rise 10% per year

@ By NEIL HARTNELL
Tribune Business Editor

WITH energy prices increas-

* ing at the rate of 10 per cent per

year, based on 10 year trends, and
energy demand on Eleuthera
increasing, it will become “more
and more difficult” to provide
electricity to the island using
existing fuels and infrastructure.

A report produced by Cape
Systems, part of the Cape
Eleuthera Institute, which works

’ to develop sustainable technolo-

gies for business and consumers,
outlined how Eleuthera could
become a model for the
Caribbean on sustainable ‘living
and renewable energy sources.
Produced as a prelude to the
Freedom 2030 conference on
renewable energy that the Cape
Eleuthera Institute hosted last
week, the report, entitled Ener-
gising Island Life, pointed out
that to supply Eleuthera’s existing
energy needs, the Bahamas Elec-

~ tricity Corporation’s (BEC) diesel

generators currently consume
10,000 gallons of fuel per day.
With this fuel costing around

- $2.50 at the time the report was
written, it effectively costs BEC ~

$25,000 a day to purchase fuel for
power generation on Eleuthera
alone.

The Cape Systems report said
these numbers meant that over
one year, BEC spent $9 million
on fuel alone to generate power
on Eleuthera, a figure that The
Tribune calculates to be about
$9.125 million per year.

The Energising Island Life
Report said: “All of that $9 mil-
lion leaves the country perma-
nently, draining the economy of
much-needed foreign reserves.

“In addition, approximately $1
million is spent each year on
maintenance of the diesel gener-
ators. As energy demand on
Eleuthera continues to soar with
growing development and local
wealth, and energy price escala-

tion continues at the current 10- ...

year trend of 10 per cent annual

escalation, these numbers will |










GS ae UNS
ARE YOU FACING THIS?
Car gone, Home gone,

Money been gone
until a Moratorium on
Foreclosures

Solutions62@gmail.com
Ph: 426-8478/429-7007

‘Restoring Peace of Mind

CHIEF FINANCIAL OFFICER

grow substantially, making it
more and more difficult to pro-
vide this critical resource.”

As alternatives, the report sug-
gested solar and wind energy,
which it described as being in
“abundant” supply on Eleuthera,

“An investment in wind and
solar electricity generation of just
one half the annual cost of diesel
fuel, $4.5 million, would be able
to provide something on the
order of 10-20 per cent of elec-
tric generation, and would be a
fundamental aspect of branding
Eleuthera as an ‘eco-destina-
tion’,” the report said.

Cape Systems added that the
financing for alternative, renew-
able energy power generation
could come from private sector
investors and developers, with
BEC incurring no costs.

“Contrary to popular opinion,

allowing such customer-generated

power to come online (in con-
junction with some utility run pro-

. jects) will be more profitable for

the utility,” the report said.

“If five developers decide to
each invest $2 million in solar and
wind technologies, which many
on Eleuthera are. willing to do,
the utility would have essentially
obtained 5 megawatts of renew-
ably generated power for no cost
to them. This can be done very
profitably for the utility, while
also reducing customer prices and
increasing stability and power
quality.”

To make its vision a reality,
Cape Systems proposed creating

a five to six-man team to conduct
an island-wide study on
Eleuthera, with the aim of pro-
ducing a report on creating a
“totally unique, self-sufficient
island”,

Adding that it had already dis-
cussed the proposal with the
Inter-American Development
Bank (IDB), Cape Systems said
the study would cost $300,000 and
take nine months to complete,
with possible sources of financ-

ing including international agen-

cies, Eleuthera-based developers
and other private sources.
“There is a tremendous oppor-
tunity here for Eleuthera and the
Bahamas to do something never
done before,” the report said.
“The Bahamas can and should
be a model for the world, proving
that a small island nation can be
self-sufficient. This is both an eco-

nomic and national security issue

that will set Eleuthera and the
Bahamas as a leader in the
inevitable shift away from depen-
dence on fossil fuels...

“Not only does Eleuthera stand
to benefit from efficiency, renew-
able energy, recycling, ‘sustain-
able food production and other
pragmatic technologies, but the
use of these technologies in an
organised fashion can provide a
‘brand’ for eco-tourism that fun-
damentally distinguishes first
Eleuthera, and then the Bahamas,
as a different kind of destination
- a more responsible, more ethi-
cal, and more interesting vaca-
tion experience.”

Cashier

Small Retail Store specializing
in girls accessories is seeking a
Cashier with prior experience.

Please send resumes by e-mail

to

ecooke@coralwave.com
Phone: 394-7019



Deloitte.

Our client, a leading Bahamian public company, is seeking applications for the
position of Chief Financial Officer.

Job Objective:

To provide financial leadership to the company by managing its financial resources,
providing oversight of the accounting function, and maintaining appropriate relations
with investors and regulatory agencies. The CFO will report to the Chief Executive

Officer.

Primary Duties:

» Directs the organization’s financial planning and accounting practices

Directs the organization’s relationship with lending institutions, sharcholders
and the financial community

Oversees and directs treasury, budgeting, audit, tax, payroll, accounting,
purchasing, real estate and insurance activities for the organization

Directs the Corporate and Accounting Vice Presidents in providing and
directing procedures and systems necessary to maintain proper records and
to afford adequate accounting controls

Consolidates and directs all costs accounting procedures together with other
statistical and routine reports.

Directs and analyzes studies of general economic, business, and financial
conditions and their impact on the organization’s policies and operations

Knowledge

& Skills:

Candidates must meet the following criteria:
« A degree in Accounting or Finance and or a CPA, or equivalent required

" Three to five years experience in a healthcare setting preferred

« Excellent customer service, organizational, leadership and computer skills

required

=" Excellent written and oral communication skills

The position offers an attractive salary and benefits package, reflecting

the successful a:

pplicant’s experience and qualifications, including a pension

plan, medical, life, dental, vision, and life insurance coverage.

Qualified individuals should submit complete resumés including references before
February 29, 2008 to: ;

Mark E. Munnings
Partner
Deloitte & Touche
P. O. Box N-7120
Nassau, Bahamas
or

Email: mmunnings@ deloitte.com.bs

Deloitte.



EXCELLENT CAREER OPPORTUNITY EXI

THURSDAY, FEBRUARY 14, 2008, PAGE 3B



THE WESTIN

GRAND BAHAMA ISLAND

Grand Bahama Island

OUR LUCAYA
RESORT

OUR LUCAYA
Resort

|

STS FOR |

Assistant Financial Controller |
i
| $ i

The successful candidate will support the Director of Finance in the Fl

achievement of the division's goals and the maintenance of adequate ||

internal controls over all areas of hotel operations. Provide leadership
and coordination of all accounting and financial functions of the
company as designated by Director of finance. Establish) interpret
and analyze all accounting records and financial eete-aa( ine

|
Candidate should possess the following minimum requirements:

Excellent organization and communication skills as well:as strong
interpersonal, problem solving and customer service alle

Basic computational and budgetary analysis capabilities required.

Syn

Knowledgeable in computer programmes, Excel, Microsoft word, -

eRe loth |

i

Minimum of five years experience in a senior level
finance/accounting position in the hotel industry. :
A Bachelor's Degree in Accounting or related field is preferred.



toy 92 EKASZOAR P >



We offer exceptional pay and benefits.)
Résumés should be forwarded on or |
before February 29th, 2008 to:
ourlucayajobs@starwoodhotels.com
The Westin and Sheraton
Grand Bahama Island Our Lucaya Reso
P.O. Box F-42500
Freeport, Grand Bahama

HAMA on ik

RNASSAL, BAHAMAS! ert By |

CAREER OPPORTUNITY

Baha Mar Development Company Lid. seeks to hire a

Project/Construction Manager

The Project/Construction Manager is responsible for planning, organizing, supervising
and coordinating the work of consultants, contractors and sub-trades as required
for various projects. They must ensure that the projects meet design, budget,
schedule and quality requirements.

The successful applicant will be responsible for:

Qualifications include:

Please forward your curriculum vitae with salary requirements via e-mail to the

Ensuring the trade contractors are carrying out their work in accordance with
the Contract, including approved method statements and other approved Ee
documents relating to Health & Safety, environmental issues and quality. bs
Facilitating the work of the contractors, so far as possible, by ensuring the
necessary logistic arrangements are set up and operating

Interfacing between contractors

Recording the progress of work and valuation

Carrying out inspections with the contractor to verify that work is in accordance
with the approved standards.. Escort other parties, (Local Authority, Consultants,
Clients etc) as requested, to participate in inspections. .
Conducting or participating in site meetings as requested and provide written
records.

Creating and executing project work plans and revises as appropriate to meet
changing needs and requirement.

Identifying resources needed and assigns individual responsibilities
Managing day-to-day operational aspects of a project and scope

Minimizing exposure to risk

Managing project budget

Analyzing project cost

tt

&

Extensive knowledge of the general construction industry and the sub trades
Extensive knowledge of construction legal issues including contracts, liens,
labor standards, retainage and other related topics

Ability to perform project management duties for construction projects up to
$150,000,000 effectively and efficiently including but not limited to Budgeting.
Scheduling, QA, Submittals, etc

Ability to identify, troubleshoot and resolve problems on projects belore they
become major issues.

Ability to handle multiple tasks at the same time while maintaining attention
to detail

Ability to work in stressful situations

Ability to juggle departmental resources to meet deadlines

Ability to read and interpret financial reports

Ability to consistently prepare accurate cost estimates

Ability to successfully negotiate with owner’s, architects, cuginvers.
subcontractors and suppliers

Ensure Design and Budget is compatible.

Development of assigned Bid Packages

Excellent written and verbal communication skills

Mitigates team conflict and communication problems

Motivates team to work together in the most efficient manner

Human Resources Manager at hr@bahamar.com
or fax to (242) 677-9100 no later than February 21, 2008.

All responses will be held in the strictest confidence.





PAGE 4B, THURSDAY, FEBRUARY 14, 2008

THE TRIBUNE



MINISTRY OF WORKS & TRANSPORT

ELEUTHERA, HARBOUR ISLAND & CURRENT ISLAND ROAD
REHABILITATION PROJECTS

Request for Tenders

The Government of the Commonwealth of The Bahamas, through the Ministry of Works

& Transport , invites Tenders for each of the following six (6) road rehabilitation projects: |

a. Central Eleuthera Road Works
b. South Eleuthera Road Works
c. North Eleuthera Road Works
d. The Current Road Works

e. Current Island Road Works

f. Harbour Island Road Works

All interested parties are invited to collect Tender Documents, after specifying which
Tender Documents they are interested in AND payment of the Non-Refundable Fee of
Fifty Dollars ($50.00), for each Tender Document.

Payment may be made in the form of cash, certified cheque, bank draft or money order.
Certified cheques should be made payable to the “Public Treasury, Government of the
Commonwealth of The Bahamas”.

Tenderers can bid on one (1) or more of the tenders; if tenderers are successful in their
bid for more than one (1) contract, award of more than one (1) contract will be subject
to proof that the contractor has the capacity (financial and physical) and experience to
undertake multiple projects.

The Tender Documents are available from 12th February, 2008 between the hours of
10:00am and 4:30, Monday to Friday, from:

The Secretary

Civil Engineering Section

ist Floor East Wing

Ministry of Works and Transport

John F. Kennedy Drive

P.O.Box N-8156

Nassau, The Bahamas

Telephone: (242) 322-4830 Ext 4042

Fax: (242) 302-9770

Email: melanieroach@ bahamas. gov. bs

Please note that evidence of payment of the above-stated fee(s) must be provided prior to
release of any tender documents.

Tender Document must be fully completed in accordance with the instructions therein.

The original and three (3) copies of the completed Tender Document must be placed in a
sealed envelope clearly marked on the outside : Tender Document for Eleuthera,
Harbour Island & Current Island Road Rehabilitation Projects’? and deposited in the
Tender Box at the Ministry of Finance, Cecil Wallace Whitfield Building, West Bay St,
Nassau, The Bahamas, no later than 10:00am, on or before Tuesday, 26th February, 2008

Tenders are invited to be present for the Tender Opening on Tuesday 26th February, 2008,
when the Tenders’ Board meets at 10:00am

The Ministry of Works & Transport reserves the right to reject any or all Tenders. *
Signed

Colin Higgs
PERMANENT SECRETARY





















eS ei |
i |

vanced



Course Fee: $900.00
Total including all materials |
and registration.

| Location: Lignum Technologies |
| Harbor Bay Shopping Plaza
| East Bay Street
| Starting Date: February 23, 2008
| Days & Time: Saturdays from 9am-1pm.
.
Duration: 8 weeks

Registration begins today! The deadline for course
registrations is February 20, 2008. For more
information, please contact:



Candice Albury
Office Assistant/Training Coordinator
Email: candice@lignumtech.com
Phone: 393-2164, Fax: 394-4971







are
di



Seats















Operators to
form Marina

ators will formally establish a
Bahamas Marina Operators
Association and develop its busi-
ness plan when they meet at
Ginn’s Old Bahama Bay Resort
on February 25, 2008.

The driving force behind the
Association’s formation has

been the growth, both present
and future, that the Bahamian
marina industry is enjoying.

A Bahamas Marina Task
Force, featuring a group of this
nation’s leading marina opera-
tors, backed by the Bahamas
Hotel Association (BHA), came
together to facilitate the forma-

Ns ne cf if.
oe:

2006 Mercedes Benz CLS 500
Limited Edition

Fully Loaded; only 7000 miles
driven in Lyford Cay
JustLike New!

asking: $110,000

great deal for an executive!!!!

CONTACT: 702-2015



Association

MORE than 50 marina oper- °

tion of a Bahamas Marina Oper-
ators Association.

The BHA, through its Sus-
tainable Tourism Management
and Marketing (STEMM) pro-
ject, an initiative supported by
the Inter-American Develop-
ment Bank (IDB), is helping to
formalise the marina sector. In
the past year, it has focused
more closely on the country’s:
marina sector. :

Frank Comito, the BHA’s
executive vice-president, said in
a statement: “The marina s2c-
tor has a growing importance to
our nation’s tourism industry. It
diversifies our product offering,
creates entirely new business
and employment opportunities
for the Bahamas, and attracts a
high-spending visitor, who often
opts to stay in our hotels while in
port.”

He added: “Already, a num-
ber of BHA member hotels have
marinas, and some are consid-
ering expansion or new marina
developments, all of which will
further strengthen ‘our tourism _
economy.” —

Marina trade magazines and
their journalists have described
the Bahamas as one of the “hot
spots” for marina development
around the world.

They expect boaters to
increasingly turn to the Bahamas
to meet their dockage needs
because Florida is “maxed out”
in terms of marina space and
dock slips.

The February 25 forum will
allow Bahamian marina opera-
tors to define their role as the
lead association that supports
the sustainability of this nation’s
marina sector through research,
marketing, advocacy, training
and certification.

It will ensure that this.sector is
effectively positioned as a viable
component of our tourism econ-
omy as it continues to grow.

Deloitte.

FINANCIAL CONTROLLER

Our client, a prestigious educational institution, is seeking applications
for the position of a Financial Controller.

JOB OBJECTIVE:

To provide financial leadership for the school by managing the financial
resources, supervising the accounting staff, and reporting to the Principal

and Board of Directors.

PRINCIPAL DUTIES & RESPONSIBILITIES

° Manage the financial affairs of the school

e Supervise the accounting department

e Ensure accurate and timely monthly, quarterly, and annual financial
reporting in accordance with International Financial Reporting

Standards

e Lead annual budget exercise
¢ Monitor and analyze monthly operating results against budget
e Coordinate annual audit process

e Manage the cash flow of the organization
¢ Review and evaluate internal controls and make recommendation

for improvement

e Any other related duties, as necessary

EDUCATION & EXPERIENCE REQUIRED

e A Bachelor’s degree or higher in Accounting or related Financial

field. Professional accounting designation ACCA, CA, or CPA.
e Seven to ten (7-10) years of experience in accounting.
e Ability to analyze financial data and prepare financial reports.
e Very strong oral and written communication skills
e Leadership, management, and direct supervision experience is

preferred.

e Public accounting experience is preferred.

e Bahamian citizen.

The position offers an attractive salary with a very good benefits
package, reflecting the successful applicant’s experience and

qualifications.

Qualified individuals should submit, by post or email, complete resumés,
including references before Feb 29, 2008 to the following person:

Mark E. Munnings
Partner
Deloitte & Touche
P. O. Box N-7120
Nassau, Bahamas

Email: mmunnings @ deloitte.com.bs

MM



THE TRIBUNE BUSINESS




NEW PROVIDENCE >

SANDYPORT Appraisal: $300,000.00
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
near the property. The property is located on Sandy Port Drive just on the —
bend before Governor’s Cay on the Southern Side of the road.










SHHSTSSHARASSTSHHSSTOCCHRHSVOOH

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

\ \ \\ ‘i 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 road 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.

SKRHSHVSSKRHOSHKISHVSHSHHSHTOHBOOHROOH



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
buildings comprising a completed unit
at the front of the property, a middie |
section consisting two town houses «<< a .
about 80% completed and designated “~~~ Be
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.
Directions: Take Carmichael Road heading West, turn onto Bacardi Road heading
South. Proceed past Millers Pond. Just before reaching Bacardi, turn Right onto
paved road just past the pond. Subject is located on the Right hand side of the road.

SHCHSPASHGSHRTOCRAHSHHSHTOAAHSRAOASO

LOT No. 21B FRASER ALLOTMENT
OFF SOLDIER ROAD

The subject property
_, consisting of 8,400
\) square feet is
\j developed with a
split leveled home
with 1925 square
feet of floor area on
< the ground floor, a
, porch area of 437
square feet and
: second floor area of
‘| 735 square feet. The



building is of sound construction and completed in its entirety. The
ground floor comprises 2 bedrooms, one bath, a kitchen, dining and
family room. The second floor comprises two bedrooms, one bath, living
and dining areas.

Directions to property: Heading East on Soldier Road, turn left onto first paved road
opposite Lowes Wholesale, 2nd to last house on the road with chain linked fence.

SLSEHPSHSHARNHSSHLHSHSSHLSSSSUPSS HASSLE

#46 TOBAGO CRESCENT
ELIZABETH ESTATES

ae *

Appraisal: $125,000.00

Lot 46 contains 5,000 sq. ft. The
property contains a 22 year old
single storey residence of 1,460
sq. ft of enclosed living space.
This includes three bedrooms,
two bathrooms, living, dining,
kitchen and laundry room.




even:

Directions: The subject property is located on the Western side of Tobago
Crescent, within six hundred feet southwest of Prince Charles Drive.

CAOROHHOOHDORSOEMOEHNOORDOONOOHDOH

FRASER ALLOTMENT Appraisal: $125,000.

Lot 46 contains 5,000 sq. ft.

The property contains a 22

year old single storey
residence of 1,460 sq. ft of
enclosed living. space. This
includes three bedrooms, two
bathrooms, living, dining,
kitchen and laundry room.

00

”




BR * % SI
Directions: The subject property is located on the Western side of Tobago

Crescent, within six hundred feet southwest of Prince Charles Drive.

POKROEROSSOOHHORHOSCDOOHROOBOORDE

FAITH AVENUE & CARMICHAEL ROAD —
Lot 1B - Appraisal: $286,000.00

The property is located near the
Faith Avenue and Carmichael Road
junction.

The neighbourhood consists of
Single Family, MultiFamily, and
Commercial Business. Located ;
thereon is an 18 year old single |
family dwelling consisting three §
bedrooms, two bathrooms, living, ~%«
dining, utility and storage rooms |
“| and kitchen.











Sw

Scot



Appraisal: $303,000.00








FOR CONDITIONS OF SALE AND ANY ens INFORMATION CONTACT:

THURSDAY, FEBRUARY 14, 2008, PAGE 5B

INVESTMENT OPPORTUNITY

fl
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4
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Hi
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Hl
i




NEW PROVIDENCE

Lot #12 DAISY MANOR Appraisal: $82,376.80 |
Subject property contains 5,979 sts es
sq ft. Situated thereon is a 14
year old single family residence
containing 773 sq ft of enclosed
living space. This includes two
bedrooms, one bathroom, living
and dining rooms, kitchen and
utility room.
Directions: Travelling west on Boyd Road, turn into Franklyn Avenue, |
turn right at the T-junction, turn left at the second T junction, house is |
the second property on the left white trimmed with burgandy.






HHOHRRORROHHRHOHHOEHROENRDORHOEHOOHD

Lot 1440 GOLDEN GATES 2

Located on this 6,000 square feet
property is split level single family
dwelling comprising four bedrooms,
two and a half bathrooms, living and |
dining rooms, kitchen and TV room.
Attached to the main. house are two

one bedroom apartments. ne

Appraisal $335,000.00 |





SOHC OHSHOSHHOSHSOHHHSSHEOHTOEHOTEND

SEABREEZE

Executive styled house which has
been converted into three units.
The first unit features an open
plan in the outer area consisting ;
of living, dining with sunken floor,
kitchen, and powder room. The |
inner area consists of three
bedrooms, three baths including a
master suit and master bath,
consisting of a large Jacuzzi,
shower and walk in closets.The second unit consists of two bedrooms, one
bath, living, dining, kitchen, office area. The third unit consists of an open
plan with kitchen, living, bedroom and a private bedroom.

Added features: Enclosed pool, central air condition, courtyard, and fenced
in patios.

Directions to property: Take Prince Charles heading east, turn at the light at the
intersection of Seabreeze and Prince Charles Drive, Golf Course Boulevard, take
third corner on the right, Bay Cedar Avenue then take second corner on left, Darling
Plum Grove, subject will be about the 5th property on the left.

FREEPORT i

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 |
2,800 square feet of living |
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
(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.

PSSSSSSRHSSHAHSSSSSEHLOSHSESSESLIECAVVORE

FAIRWAY MANOR CONDOMINIUM Appraisal: $73,000.00

x

Appraisal $638,676.00









x ccaimnnnnstin

Apartment 402, 2 bedrooms, 2 bathrooms.
Lot 4, Block GN, Edward Birch Court, Bahamian North

SHHSHSARSHARASHASHRHHMAOHSHHSSARTHRAOR

Lot 96 HUDSON ESTATES Appraisal: $116,190.00
. i

Sewn

&



NS
SN

Located on this 72x102 feet property is a 16 years old single family
dwelling comprising 1,490 square feet of living space. This includes, a
living, dining and laundry room, kitchen, three bedrooms, two
bathrooms, a garage and entrance porch. ?

TO VIEW PROPERTIES GO TO:
www.stopnshopbahamas.com
Click on “Real Estate Mall’

Click On Doorway
“Enter Online Store”






PHILIP WHITE @ 502-3077 — E-mail philipwhite@scotiabank.com

|
|
| HARRY COLLIE @ 502-3034 — E-mail harry.collie@scotiabank.com or
|

356-3851 - send bids to P. O. Box N-7518 Rosetta Street, Nagsau, Bahamas,





PAGE OU, WIUMOUAI, PEDNUANY 14, ZUUG

INVESTMENT OPPORTUNITY














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 subject 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 approximately 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. 1 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.



Le



/ (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, fiascos 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.

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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 rock 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.





MISCELLANEOUS PROPERTIES



hic tAibUine DUGINcOD

TRIBUNE,
February 14th, 2008

LOT NO. #7, BOILING HOLE SUBDIVISION

All that piece parcel or lot of land and inprovements situated
on the Island of Eleuthera, North of Governor’s Harbour,
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 kitchen
with a gross floor area of approximately 1,474.20 sq. ft. and
covered porch area of approximately 164.70 sq. f.. this duplex
was built in accordance with the plan and specification as

4 approved, and at a standard that was acceptable to the Ministry
Of Public Works. This structure is in good condition. Each apartment could be rented at $800.00 per month. The
land is landscaped and planted with ficus trees, but needs some manicuring.

APPRAISAL: $153,521.00



LOT NO. 1490 GOLDEN GATES SECTION 2
All that lot of land having an area of 6,000 sq. ft.
being lot no. 1490 of the subdivision known and
designated as Golden Gates, the said subdivision
situated in the southwestern district of New
Providence, bahamas. This property is comprised
of a 25 yer old single family residence consisting of
approximately 2,480 sq. ft. of enclosed living space
with three bedrooms, three bathrooms, living, dining
rooms and kitchen. The land is on a grade and level,
however the site appears to be sufficiently elevated
to disallow the posibility of flooding during annual heavy rainy periods of the year. The grounds are fairly kept, ith improvements
including driveway, walkway and low shrubs. Yard is enclosed on one side wth a 5 foot chain linked fencing and a low cement
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, then
first left again after passing clico and pre-school. The subject house is the 6th house left painted green trimmed white.

Must Sell Lot No. 597
All that lot of land having an area of 3,200 sq ft, being lot 597
Melvern Road of the subdivision known as Yellow Elder Gardens,
the said subdivision is situated in the southern district of New
Providence Bahamas. This property is comprised of a 26 yr old
single family residence consisting of approximately 1,510 sq. ft
of enclosed living space, with 3-bedrooms including master bedroom,
2-bathrooms, living/dining room, kitchen and utility room. The
residence also consists of a front porch and two patios.

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. 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 Sth property
left situated between Zris Court and Richie Court, painted White trimmed yellow.





HAMILTON’S, LONG ISLAND
All that piece parcel or lot of land and improvements situated
in the settlement of Hamilton's in the Island of Long Island,
and comprising of approximately 13,547 sq. ft. and is elevated
approximately 7-8 ft above sea level. This site encompasses
a 35yr structure. A simple style home consisting of two
bedrooms, one bathroom, kitchen, living and dining room.
the home however is consisted of 2 separate constructions;
613.60 sq. ft of concrete construction and 624 sq. ft of wooden
construction all amenities are to the property such as electricity,
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 single story
house, 3 bedroom 2 bathroom, living room, dining area,
family room, kitchen, study, laundry and an entry porch.
Appraisal: $188,406.00

Heading west along Soldier Road take main entrance to
Kennedy Subdivision on the left, then take the 1st corner
on the left then 1st right, house is second on your right
with garage.





LOT NO. 382 WINTON MEADOWS

All that piece parcel or lot of land having an area of 8,300 sq. ft. being
lot No. 382 situated in the subdivision known as Winton Meadows, the
said subdivision situated in the Eastern District of the Island of New
Providence, Bahamas. This property is comprised of a 24 year old single
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, breakfast
wi gy qa} nook and kitchen downstairs. Climate control is provided by ducted

. ~___}_ central air conditioning, with air circulation enhanced by ceiling fans
and other amenities. Quality of construction: Average. Standard of
maintenance: Average. Effective age: seven years (7) the land is on flat terrain; however the site appears to be sufficiently elevated to
disallow the possibility of flooding under normal weather condition, including annual heavy rainy periods. The grounds are well kept,
with improvements including neatly maintained lawns with flowering trees, and a concrete garden/storage shed, which is located in the
backyard. The yard is enclosed along the sides with chain-link fencing, and concrete block walls that are topped with metal railings,

and metal gates at the front and back.

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, then 1st right. The subject house is the 2nd house on the left side painted beige trimmed white.



Investment Opportunity Must Sell Lot No. 217
Pinewood Gardens Subdivision
All that lot of land having an area of 5,000 sq ft, being Lot
No. 217 of the Subdivision known as Pinewood Gardens, the
said subdivision situated in the Southern District of New
Providence Bahamas. Located on this property is a structure
comprising of an approximately 20 yr old single family residence
consisting of 992 sq. ft of enclosed living space with 3-
bedrooms, 1-bathroom, living/dining rooms, kitchen, drive
way and walk way. The land is on a grade and level and
appears to be sufficiently efevated to disallow the possibility
of flooding. The grounds are fairly kept and yard is open.
Appraisal: $127,988.00

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

VACANT PROPERTIES

Lot No. 15, Block 10, Winton 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

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

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.
APPRAISAL: $51,421.00
This lot is vacant land and is located in the area known as “Mutton Fish Point”

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 thereon 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 approximately 44,714 sq. ft. this neighbourhood is zoned commercial/residential development and is quiet,
peaceful and has a topography of approximately 2 ft. with all utilities and services available.
APPRAISAL: $51,421.00



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 Ingraham’s
Pond and Eastwardly of North Palmetto Point, on the island of Eleuthera, one of the islands of the Commonwealth of the
Bahamas, and is bounded and abutting as follows:- on the north by Lot No. 3B and running thereon for a distance of (90)
ft; on the East by Lot No. 11B and running thereon for a distance of (100) ft; on the south by a 20’ wide road reservation
and running thereon (90) ft on the west by Lot No. 9B running thereon for a distance of (100) Ft, the said Lot is overgrown
with shrubs and is in close proximity of a white sandy beach. This neighborhood is zoned residential development and
is quiet and peaceful with a topography of approximately 50ft and because of this there is no danger of flooding. The area
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 improvements containing approximately 44,587 sq. ft. and designated “F”
‘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 bounded and
abutting as follows:- Northwardly by the land now or formerly the property of Coridon Limited, and running thereon for
a distance of 383.56 hundredth ft; southwardly by land now or formerly the property of Caridon Limited and running
thereon for a distance of 393-19 hundredth ft. eastwardly by the main Queen's Highway and running thereon for a distance
of 113.40 hundredth ft. westwardly by land now or formerly the property of Coridon Limited and running thereon for a
distance of 113.40 hundredth ft. this neighbourhood is zoned commercial/residential development and is quiet, peaceful
and has a topography of approximately 2 ft. with all utilities and services available.
APPRAISAL: $51,276.00

i mem eee MYMEL ML Um EL Clas
Philip White @ 502-3077 Bmail philio.white@scotiabank.com or Harry Collie @ 502-3034 ¢ email harry.collie@scotiabank.com ¢ Fax 356-3851



To view properties @ to: www.stopnshopbahamas.com - Click on “Real Estate al - Click on doorway “Enter Online Store”





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FAMILY ISLANDS



Lot 67 Block 7
BAHAMIA WEST REPLAT

Located on this .30 of an acre
property is a newly built 1,900 .
square feet of living space single
family dwelling comprising an &&
entrance porch, four bedrooms, -
two bathrooms and kitchen; a
living, dining, powder and laundry
room with adequate closet and
storage space.

SE piaee Reh G14, 00



BOSCHTSOHTSORRSSOKRTORTO KHOR BERTON BS

Lot 12 Block 13 Unit 2
GREENING GLADE
FREEPORT, GRAND BAHAMA

Located on this .35 of an acre |
property is a sixteen-year-old |
single family residence |
comprising four bedrooms, two |
bathrooms, living, dining, <>
storage, utility and laundry |
rooms; there is a foyer, kitchen |
and den. The total area of living |
space is 3,016 square feet. ‘

Appraisal: $254,355.00

RVSHRHSLHSSHRLSH TSHR SSTRVGHROHTOOBS

LOT 29 IMPERIAL PARK SUBDIVISION #2
FREEPORT, GRAND BAHAMA pppralval: sak 85.000.00

The size of the property.
is 90x100 or 9,000 sq
ft. Located thereon is as.
single storey single
family dwelling of .
* approximately 1,900 sq
ft. of living space.
Accommodations
include a front porch, a foyer, living and dining rooms, kitchen with
pantry, family room with utility closet, master bedroom with Jacuzzi
bathroom with an additional two bedrooms and two bathrooms.







SHOSeoseaeseasessveaveassaseevsee

Lot No. 37 BLOCK 33

CHURCHILL COURT, BAHAMIA MARINA

& BAHAMIA 4 SUBDIVISION, FREEPORT,

Appraisal: $337,000.00 |

GRAND BAHAMA



All that lot of land having an area of 16,533 sq. ft. Beilie lot No. 37 of t 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 fully 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.

LOT No. 13, BLOCK KN, UNIT 1
BAHAMIA NORTH SUBDIVISION Appraisal: $40,000.00

The property has an area of 13,027 square feet or .30 of an acre.

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
oe coreg hepsi eT sored The lot contains 20,580



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.







ABACO

PORTION OF MURPHY TOWN
CROWN ALLOTMENT, MURPHY TOWN, ABACO

The property is 89 x 100 ft
and rectangular in shape. The
land is elevated
approximately 15 ft above
road level and approximately
25 ft above sea_ level. |
Located on this property is a |
twenty-year-old three
bedroom, two bathroom,
living, dining, kitchen and inanary room house. The structure requires
much attention.

Appraisal: $75,000.00 |



PSRHSCRHSAEHHOEHRESHEHESSOERHOREOOEDO

EXUMA

DUPLEX IN LOT 6625
BAHAMA SOUND No. 8, EAST, EXUMA

Trapezium shaped lot 35 ft.
above sea level 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



SPOHSOHSSCHSOSTSOCHFOREDEHSORZOEEDO

CASTELRAG ESTATES, LOTS 129 & 130
EXUMA HARBOUR SUBDIVISION Appraisal: $673,075.00

The subject property is located on
Kingway Road and is developed
with an area of 20,000 square feet.
Situated thereon is a residence <
comprised of 3,645 square feet of {\!};

living accommodations, inclusive whe:
of 4 bedrooms, 2 baths, with —
laundry and utility spaces and a
two bedroom one bath guest
cottage of 600 square feet. The
property is fenced with white
picket fencing and has a Gazebo at
the highest portion of the property. —




SHSMHRTOHHSSHHSEHRSERESHHSEHHSOH SEES

ELEUTHERA
NORTH PALMETTO POINT

All that piece parcel or fot 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 room,
dining room, kitchen, utility roam, and \ GG
beauty partfour {an additional 480 square teat),

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,





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FOR CONDITIONS OF SALE AND ANY OTHER INFORMATION CONTACT: |
HARRY COLLIE @ 502-3034 )
E-mail harry.collie@scotiabank.com ) :

, re) fos
PHILIP WHITE @ 502-3077 3
E-mail philipwhite@scotiabank.com
Fax: 356-3851 - send bids to P. O. Box N-7518 Rosetta Street, Nassau, Bahamas





PAGE 8B, IHURSVDAY, FEBRUARY 14, 2006 bee brie DUSINESS















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THURSDAY, FEBRUARY 14, 2008, PAGE 9B

INVESTMENT |
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, , For conditions of sale and other information contact _
Philip White @ 502-3077 email philip.white@scotiabank.com or

Ke & LIMOS) UO Olea Cle Harry Collie @ 502-3034 ® email harry.collie@scotiabank.com @ Fax Romi :
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Lot No. 1056
Pinewood Gardens Subdivision




All that lot of land having an area of 5,000 sq ft,
being lot no. 1056 of the subdivision known as
Pinewood Gardens, the said subdivision situated
in the southern district of New providence
Bahamas. Located on this property is a structure
comprising of an approximately 10 yr old single
family residence consisting of approximately
1,205 sq. ft of enclosed living space with 3-
bedrooms with closets, 2-bathroom, linen closet,
living, dining rooms, kitchen and covered front porch. the land is slightly elevated to disallow 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, turn left
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 and best use. It
is ideally suited to single or multi-family development as is the nature of surrounding properties within the community. The
site may also serve well as a commercial site as the area remains un-zoned the property remains largely in its original state.
It is covered with low brush and broad leaf coppice vegetation intersperse with broad strands of mature Yellow Pine indigenous
to the area. The property is well drained and represents no immediate flooding danger under normal conditions.

APPRAISAL: $219,354.40

The subject property is vacant and is situated at the Southeastern entrance of the Community of Blackwood, Abaco. The
property is undivided and comprises approximately 6 acres of a larger tract of land of approximately 26 acres.

\

Lot B, Wilson Street, Rock Crusher

All that. lot of land having an area of 10,498 sq ft, being lot B, between the subdivision known as Rock Crusher |
and in the vicinity of Perpall Tract situated in the western district of New Providence, Bahamas. This property
is zoned multi family/single family. Also located on this property is a structure comprising of a duplex at
foundation level under construction, and consisting of approximately 1,566 sq. ft. of enclosed living space with
a patio consisting of 270, sq. ft. the starter bars are in place and foundation poured.



Appraisal: $97,214.00

Traveling West on Farrington Road take a right after the PL.P. headquarters, go about midways through
to Wilson Street, go though the cc:ner all the way to the dead end. The property is located behind the chain
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 Investment
Ltd., this is a single family zoning and 50 ft., above sea level. This site encompasses a foundation with plumbing
and roughing inplace and well compacked quarry fill. The concrete floor has not been poured as yet. The
foundation is 2,511 sq. ft. Lot #20 situated 1.5 miles east wardly of the Bluff Settlement. The said lot is vacant
and a hill over looking the Atlantic Ocean.

Appraisal: $41,275.00



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SWEET BLACK | SWEET





ETTUCE. (a 4°.) Cm TAMARIND
head t= ao | oe 1 Ib. box ee



SALE STARTS .
MONDAY FEBRUARY 11TH - SATURDAY FEBRUARY 16TH, 2008
LOCATED: HARBOUR BAY SHOPPING CENTER

PH: 393-4440 OR 393-444

\
WN










Kelly's Team
Security Officers

Kelly’s is seeking mature, reliable, honest
and hardworking individuals to fill the
position of Security Officer.

Prospective candidates must be available to
work evening shifts. Past security experience
would be an asset. This position is ideal for

retired police or prison officers.

We offer a great group of people to work with,
excellent pay, benefits and working conditions.

Interested persons may collect an application

form from the Customer Service counter at
Kelly's Home Centre, Mall at Marathon.

No phone calls please

Tel: (242) 393.4002
Fax: (242) 393-4096

Wm Houses
S ome

Join Citibank, N.A.
Nassau, Bahamas, a
branch of Citi, the
largest financial
institution in the
world.



managing _ local/foreign

PAGE 10B, THURSDAY, FEBRUARY 14, 2008

THE TRIBUNE



Eo Sn Se
$20 million taxpayer bailout

saves Water Corporation

FROM page one

ment subsidy in 2006 helped pro-
pel the Corporation to a $779,241
profit, wiping out what would
have been a $19.021 million loss.

This compared to a $3.108 mil-
lion loss the previous year, a per-
formance aided by another $15.5
million government subsidy,
which covered what would have
otherwise been an $18.608 mil-
lion loss.

For 2006, the Corporation’s
water revenues rose by 14.3 per
cent to $39.075 million, com-
pared to $34.197 million the pre-
vious year. Sewerage revenues
rose slightly, growing from $3.177

million in 2005 to $3.739 million

in 2006.

While the Corporation’s total
revenues for 2006 increased by
14.6 per cent to $42.813 million,
its operating expenses also grew
by 10.3 per cent to $51.407 mil-
lion, compared to $46.605 mil-
lion the year before.

This produced an $8.594 mil-
lion loss from operations, a slight
decline on 2005’s figure, but

when combined with just over
$7 million in depreciation, this
propelled the Corporation to a
$15.684 million loss for the 12
months to December 31, 2006.

On top of that, the Corpora-
tion incurred $4.392 million in
finance charges, relating to inter-
est payments on its pension
obligations, bank overdraft, long-
term debt and National Insur-
ance contribution arrears.

The Corporation’s financial
performance, and increasing
reliance on government subsi-
dies to cover heavy financial loss-
es, should stimulate healthy pub-
lic debate on how it moves for-
ward.

Questions need to be asked
on how the Corporation reduces
its losses and reliance on gov-
ernment subsidies; how it
increases its customer base

Treasury Head

ROLE RESPONSIBILITIES
Reporting to our Regional Treasury team,
responsible for developing and implementing strategies for
liability products.

currency

the position is

Key

responsibilities include marketing and quoting rates for corporate
foreign exchange contracts, money market instruments and

We invite outstanding
individuals, wanting to build a
career in Corporate Banking, to
be part of our dynamic global
team. You will interact with
colleagues from around the
Caribbean region and across the
organization globally, providing
treasury management to our
local team. In addition to a great
career, we offer a competitive
salary and. benefits. package....-|.

related financial,

derivative products and projecting liquidity and rate trends. The
role is also focused on risk management through monitoring
liquidity and foreign exposure, ensuring compliance with legal,
regulatory, and internal policy requirements, and, managing ratios
and reserves. Additional responsibilities include overseeing all
regulatory and management performance
reporting, and, supervising and training support staff.

KNOWLEDGE/ SKILLS REQUIRED

Candidates must possess a Bachelor's degree ‘in Economics,
Accounting or Finance, and, a minimum of 5 years Treasury
‘experience with a major commercial’ and/or investment bank; a

Chartered Accountant or CFA designation preferred. Excellent

Interested candidates should
forward a copy of their resume
by February 22, 2008 to: Human
Resources, P.O. Box N-1576,
Nassau, Bahamas OR Fax:
(242) 302-8779 OR Email:

janice.gibson@citi.com

Challenge

marketing/sales, analytical,’ communication, and_ interpersonal
skills, combined with a results orientation and an ability to build
relationships, will round out the ideal candidate. Some travel is
required.

yourself to a career like no other





' Some conditions apply. Rates subject to change
* Trademarks of The Bank of Nova Scotia,
trademarks used under license and control of The Bank of Nova Scotia

The Scotiabank Rate Booster Deposit

Combines the higher interest rates of a longer term
investment with the flexibility of a short term deposit.

f Your interest rate increases twice during the term of your investment,
so your money is guaranteed to grow faster! Plus you have access to

your money at two set dates within the term of your deposit, giving
you penalty free access to your money. *



Visit your nearest Scotiabank branch today.





MTS Te Tela a

Life. Money. Balance both: . |











beyond 40 per cent of the New
Providence market; how the
build-out of its Family Island
infrastructure can be financed;
its proper role going forward;
and whether it should be a prof-
it-making or ‘break-even’ entity
whose importance lies in provid-
ing vital national infrastructure
and service.

On a gloomy, yet realistic note,
the financial statements sounded
that all-too-familiar note when
dealing with the Government
corporations: “The Corporation
has incurred significant operating
losses, and such losses are being
forecast to continue for the
forseeable future. The Corpora-
tion is dependent on funding
from the Government, and it is
anticipated that such funding will
continue to be made available at

a level sufficient to allow the Cor-.

poration to adequately maintain
its operations.”

A significant percentage of the
losses, and need for increased
government subsidies, is likely
to be related to the demand
imposed on the Corporation for
Family Island infrastructure to
keep up with resort development
projects.

The Water & Sewerage Cor-
poration’s balance sheet at year-
end 2006 was also less than per-
fect. Current assets, worth some
$8.877 million, were dwarfed by















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$59.616 million in current liabil-
ities, producing net current fia-
bilities of $50.738 million.

The largest component of the
Corporation’s current liabilities
are accounts payable and
accrued liabilities, which totalled
some $53.549 million at year-end
2006 - a decline of almost $5 mil-
lion on the previous year’s fig-
ures.

In turn, the largest component
of that figure is the Corporation’s
more than $30 million exposure
to its defined benefit pension
plan, another indication of the
social security timebomb that
continues to tick telepelelys in
the Bahamas. :

The 2006 financial hinge
tabled in the House of Assembly
yesterday, revealed that the Cor-
poration had suspended funding
contributions to its defined beh-
efit pension plan in 1989, “and
no monies are being withdrawn
from the invested funds. The
Corporation is paying directly all
retirement benefits.”

These retirement payments
cost the Corporation more than
$2 million in both 2006 and 2005.

When it came to accounts
payables, the 2006 financial staté-
ments showed that $8.354 mil-
lion was owed by the Corpora-
tion to other government min-
istries, departments and agen-
cies.

And on the accounts receiv-
ables side, the Corporation has
provided for $18.915 million of
the $19.504 million owed to it on
New Providence, and $6.815 mil-
lion of the $7.041 million owed'to
it in the Family Islands. ie



$10,500

5

TE
Ii

-

$45.00

AS OME NBT PIO ROSIE WERE EE

341-1515



TENDER SECURITY SERVICES

The Clinton Heritage Authority invites proposals
from suitably qualified Companies for the provi-
sion of security services at the Clifton Heritage

National Park.

Interested companies can collect a specification
document from the Authority’s office in the Collin’s
House Complex, with entrance on Collins Avenue,
between the hours of 9:00 am and 5:00 pm Mon-

day through Friday.

Tenders must be sealed in an envelope marked
“TENDER FOR SECURITY SERVICES” and
delivered for the attention of:

Dr. Keith Tinker
Secretary
The Clifton Heritage Authority
P.O. Box EE 15082
Nassau, Bahamas
Telephone: 325-1505

Bids should reach the Authority's office by
5:00 p.m. on 22 February, 2008.

Companies submitting bids are invited to attend
a bid opening on Tuesday, 26 February, 2008 at
10:00 a.m. at the Administrative Office, Collins

Avenue.

The Clifton Heritage Authority reserves the right to

reject any or all tenders.





THE TRIBUNE








BORCO deal shows need

_ for a new cruise port

F ROM page one

development, Freeport was to
be an industrial city, and the
_ tourism product was developed
later.
; “The way the project is pro-
posed for development, it
_$tands to reason that it will
vlessen the tourist appeal,” the
Ghamber president said.
oie added that he was not
“being critical, but said the situ-
vation highlighted the need for

platform for the region”.
"BORCO will provide sig-
nificant value for our strategic
partners, including major oil
companies, many of which are
working with us to secure long-
term storage contracts at the
facility," said Thomas J. Siko-

rski, First Reserve’s managing |

director, in a statement.
"These partners will bene-
fit from BORCO's strategic
geographic location and the
facility's scale and flexibility.
The addition of new capital

that we plan to put in place is
intended to optimise and
upgrade the existing
infrastructure in order to pro-
vide the highest quality stan-
dard of service for BORCO
tenants.

“This significant capital also
demonstrates First Reserve's
long-term commitment to the
employees and will serve as a
catalyst for increased devel-
opment and production in the
Bahamas."

there to be a new cruise port
located away from Freeport’s -
\\industrial zone.
The Tribune understands
that the Government has re-
,cammenced negotiations with
-Garnival Cruise Lines over the
oconstruction of a new cruise
ace for Grand Bahama.
‘This had been discussed pre-
“aiously between Carnival and
_4he Grand Bahama Port
Authority (GBPA), who had
been mulling a partnership that
would have seen the GBPA
»provide the land as its equity
,contribution, with Carnival con-
otributing cash. Debt financing
would then have been raised to
ofinance the cruise port’s con-
struction, with Carnival receiv-
ing an exemption on the per
head cruise passenger tax.
r“It is understood, though, that
.the business model may have
} changed.
' The BORCO deal is set to
‘close in the 2008 second quar-
‘ter. While details were not dis-
‘closed, sources said it was val-
jued at around $900 million,
i Outlining the general plans
‘it has for BORCO, which is a
20 million barrel (more than
ithree million tonne) storage
‘terminal for crude oil, fuel oil
tand various petroleum prod-
jucts, First Reserve said the
|acquisition was part of its strat-
jegy to develop energy-related
‘infrastructure globally.
* Tt added that BORCO would
\“become a key international
‘hub for crude oil and petroleum
{products for major oil compa-
inies, and will be positioned as a

‘best-in-class storage and trading
i



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.

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













CALL:
325-6570
325-6571
for more
information

GROUP
TESTING

Saturday,
February 23, 2008
at 8:00am

Applications are available 7
at the school office. >

Bring pen, pencils, rulers.
Wear school uniform.
$20.00 testing fee

Mt. Carmel
Preparatory Academy



THE UNIVERSITY OF THE WEST INDIES,
THE BAHAMAS

SCHOOL OF CLINICAL MEDICINE AND RESEARCH

Applications are invited from suitably qualified persons for the posts of:
}.-LECTURER/ SENIOR LECTURER IN SURGERY

‘Candidates should be a medical graduate from a recognized and accredited
University, with a qualification in Surgery, and significant clinical experience at
the highest levels in their surgical specialty, well thought of by peers and in current
clinical practice. He/she must be a good team player with strong leadership skills
as well as professional and interpersonal skills, undergraduate and postgraduate
training and research experience, record of excellence in surgical experience,
teaching, research and publications.

The successful applicant will be required to:
Lead in and coordinate the teaching of surgery to undergraduates and
postgraduates (for the MB BS and DM surgery);
Lead and mentor research in surgical disciplines;
Participate in the surgical services of the Princess Margaret Hospital
(a 600-bed public and teaching hospital.

LECTURER/ SENIOR LECTURER IN EPIDEMIOLOGY,
RESEARCH UNIT

Candidates should have training at the masters or doctoral level in epidemiology. It
is highly desirable for the candidate to have interest and competence in teaching at
the undergraduate level in community health and family medicine, and overseeing
the research component of all postgraduate programmes. Experience in the design
and conduct of epidemiological projects including demonstrated ability to attract
research grants would be an asset.

The successful candidate will be expected to contribute to the development of
the programme in chronic non-communicable diseases, especially cardiovascular
disease risk while establishing collaborative projects with other researchers and
units within the Commonwealth of The Bahamas and the wider UWI research

community.

The successful applicants will be expected to assume duties June 1, 2008.

Application letter along with curriculum vitae giving full particulars of qualifications,
experience, nationality, names and address of three referees and copies of degrees
should be sent by electronic mail to: hrmd.sed@uwimona.edu.jm or to the Human
Resource Officer, Staffing 8 Placement, Human Resource Management Division,
The University of the West Indies, Mona, Kingston 7. In order to expedite the selection
process, applicants are advised to ask their referees to send reports under confidential
cover to the above address without waiting to be contacted. The final date for receipt of

applications is February 29, 2008.



THURSDAY, FEBRUARY 14, 2008, PAGE 11B

Employment Opportunity

The Clifton Heritage Authority is seeking the services of an individual to fill the position of
Managing Director in accordance with Section 15 of the Clifton Heritage Authority Act
2004.





The individual would be required to provide executive leadership, supervision and
direction to units of the Clifton Heritage Authority’s offices and the Heritage Park,
while ensuring, the research and promotion of its historical, cultural and natural
resources.
































D nd R nsibiliti
: a aacbE for the implementation of policies, programs:and goals and objectives for
the efficient management of the Clifton Heritage Authority.

Ensures the development and implementation of a strategic plan for the figneietiell

of the Clifton Heritage Park ensuring that accepted operating standards and

practices are employed.

° Coordinate and supervise all activities related to safety issues, best environmental
practices, and all matters related to the preservation of historic structures and
conservation of natural resources at the park.

° Serve ad Principal Advisor to the Clifton Heritage Authority Board on matters and
issues relative to the maintenance and upkeep of the park.

° Oversee and coordinate all public and private use of facilities and recreational spaces

at the Clifton Heritage Park and establish user fees.

Liaise with other government, non-government, regional and international agencies to

explore opportunities to promote the sustainable development and management of

the Clifton Heritage Park.

Direct and coordinate the employment of staff, develop and implement operating

policies, standards and procedures to ensure performance and maintain a stable

working environment.

Conduct periodic assessments of facilities and infrastructure and recommend

improvements or repairs as necessary.

Prepare and submit a monthly report to the Board of Directors on the operations of

the Authority.

Liase with the Marketing and Public Relations officer to produce material for the

promotion of the Clifton Heritage Park.



°

°

°

°

°

°








P lifi :
° A minimum of a graduate degree in Administration or a related discipline, and/or 10
years experience in an administrative discipline.

Applications are available at the Authority’s Office Collins Avenue and should be
submitted along with resume by 25 February, 2008.

Telephone contact 325-1505.

Security & General

TNR Fanrere
FNS VUNRLANCE

FINANCIAL CONTROLLER

Security and General Insurance, a member of Colonial Group International Limited
(CGIL) headquartered in Bermuda, is seeking a Financial Controller.

CGIL, with offices in Bermuda, the Bahamas, the Cayman Islands, and the British Virgin |
Islands, 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.

The position of Financial Controller will be responsible for overseeing all aspects of the
accounting and financial reporting functions of the Company and will be expected to
implement and continually develop systems of internal control. Reporting to both the
Group Financial Controller and the General Manager of Security & General, the
successful candidate will be expected to prepare, analyze and present financial reports
for senior management with an emphasis on key success factors.

Recognized Accounting Qualification (CA, CPA, ACCA) with a minimum of 3 years’
post qualification experience

Strong proficiency in MS Excel

Ability to work extended hours and travel on occasion

Excellent communication and organizational Skills

A minimum of two years experience managing administrative staff

Compensation for the successful candidate will be attractive and linked to performance.
The Group offers an attractive benefits package that includes comprehensive medical
insurance, contributory pension plan, life, and long term disability coverage.

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 made in writing to:

Attn: Human Resources

Security & General Insurance Company Ltd.
2â„¢ Terrace & Collins Avenue

PO Box N-3540 Nassau, Bahamas

Closing Date for applications is February 20", 2008



PAGE 12B, THURSDAY, FEBRUARY 14, 2008

THE TRIBUNE





Buffet sets his price for

@ By VIKAS BAJAJ
c.2008 New York Times
News Service

WARREN E Buffett has vol-
unteered to rescue Wall Street
from its latest looming crisis.

But Buffett, the billionaire
investor known as the Oracle of
Omaha, made clear that his offer
would not come cheap. And
even then, jittery investors were
unsure that his plan would work.

Capitalizing on the turmoil in
the financial markets, Buffett








Alison June Johnson
Liquidator

NOTICE

INTERNATIONAL BUSINESS COMPANIES ACT, 2000
In Voluntary Liquidation

Notice is hereby given that in accordance with Section 138 (4)
of the International Business Companies Act, (No. 45 of 2000),
Caura Corporation, is in dissolution and Alison June Johnson
of Commercial House, Commercial Street, St. Helier, JE4 8QS
has been appointed as the voluntary liquidator of the Company.
All persons having claims against the above-named company are
required to send their names, addresses and particulars of their

debts or claims to the Liquidator before MARCH 12, 2008.

offered to shoulder some of the
financial burdens of three insur-
ance companies whose plunging
fortunes have become a threat to
the financial system.

The companies — MBIA, the
Ambac Financial Group and the
Financial Guaranty Insurance
Co. - guarantee interest and
principal payments on hundreds
of billions of dollars of bonds
sold by states and municipali-
ties, as well as complex mort-
gage investments. Investors fear
that the deepening problems of




















NOTICE
INTERNATIONAL BUSINESS COMPANIES ACT, 2000
In Voluntary Liquidation

Notice is hereby

given that in accordance with Section 138 (4)

of the International Business Companies Act, (No. 45 of 2000),
BLONBURG INTERNATIONAL LIMITED, is in dissolution.

CONTINENTAL LIQUIDATORS INC.

is the Liquidator and

can be contacted at 60 Market Square, PO. Box 1906, Belize City,

Belize All perons having claims peal the above-named com-

pany are required to send their names, addresses and particulars of

their debts or claims to the Liquidator before MARCH 12, 2008.















guidelines

Qualifications



Overall Responsibilities

Essential Job Functions

College degree
* Minimum of ten years in marketing vacation ownership
* Minimum of five years in management of sales, marketing and/or administration
* Excellent communication, listening and organizational skills

* Ability to communicate effectively at senior management level
* Strong leadership skills

* Ritz Carlton Club experience preferred

She
Abeco|

Wana

AVAL A

the bond insurers could unleash
a chain reaction of losses across
financial industries.

Buffett said he would stand
behind, or reinsure, policies that
the three companies had writ-
ten on $800 billion of municipal
bonds, a move analysts called a
shrewd attempt to take advan-
tage of the companies’ problems.

His holding company, Berk-
shire Hathaway, is willing to
commit $5 billion to the task but
wants the insurers to pay it a
steep premium. Berkshire will

refuse to take any risks associ-
ated with mortgage-related secu-
rities, the riskiest debt that the
companies insure. Buffett made
his offer public on CNBC, the
financial news network.

The insurers were considered
unlikely to agree to Buffett’s
stringent terms. Ambac, in a
statement, said the offer would
not benefit the company.

The offer initially heartened
investors, who have grown

‘increasingly alarmed by the

drumbeat of grim news from the

LEGAL NOTICE

NOTICE

INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

ATLAN TIC FERTILIZER
TRADING COMPANY LTD.

Notice is hereby given that in accordance with Section 138 (8)
of the International Business Companies Act, (No.45 of 2000),
the Dissolution of ATLANTIC FERTILIZER TRADING
COMPANY LTD. (the “Company”) has been completed, a
Certificate of Dissolution has been issued and the Company
has therefore been struck off the Register. The date of comple-
tion of the dissolution was the 31st day of January, 2008.

NOTICE

INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

In Voluntary Liquidation

Notice is hereby given that in accordance with Section 138 (4)
of the International Business Companies Act, (No.45 of 2000),
FERNETT LIMITED is in dissolution. Mrs. Alrena Moxey
is the Liquidator and-may be contacted at Winterbotham
Place, Marlborough & Queen Streets, Nassau, The Bahamas.
All persons having claims against the above-named company
are required to send their names, addresses and particulars of
their debts or claims to the Liquidator before March 12, 2008.

dp

— Yee >
LIQUIDATOR





& 9502 CAB. TEN MALE ES Coud

Vacancy for a
Sales and Marketing Project Director

Onsite coordination of sales, sales administration and marketing
* Achievement of targeted sales volume and maintaining inventory
* Develop future (MVCI) managers and implement self development programs
* Implementation of tour efficiency and building of strong team values

* Forecasting and budgeting of annual sales targets

« Ensuring communication between personnel and others

* Providing weekly report and updates to Ritz-Carlton/MCVI Corporate offices

Monitor and evaluate sales and marketing processes
* Monitor and evaluate specific sales and marketing field operations best practices, policies and










* Monitor and evaluate structured sales and marketing presentation training
* Review all sales and marketing assumptions in the feasibility process, ensuting strategic and
operational reasonableness, comparability among PEPS, budgets, forecasts and LRP






Please send resume to the attention of: Director of Human Resources

The Abaco Club on Winding Bay
P.O. Box AB-20571
Marsh Harbour, Abaco

Bahamas
OR

Email: humanresources@theabacoclub.com








































bond guarantors. Financial
shares led the stock market high-
er for much of the day before
the rally faded in the afternoon.

But the insurers’ share prices
fell as traders considered the
implications of Buffett’s state-
ments on the companies’ busi-
ness. The offer would do little
to alleviate the problems the
insurers are facing on securities
backed by mortgages, consumer
loans and other assets. In fact,
reinsuring municipal bonds with
Buffett could make the compa-
nies more vulnerable because
they would be left with only the
riskiest insurance contracts.

“Essentially, if any of the com-
panies were to take him up on
this offer, it would be almost
them waving a white flag saying
that they are done,” said Rob
Haines, an analyst at the
research firm CreditSights. “It
does not make sense to give up
what is the good part of your
business.”

In trading Tuesday, MBIA’s
stock closed down 15.3 per cent,
at $11.50. Shares of Ambac were
down 15.1 per cent, closing at
$8.90. FGIC is privately held.

Buffett’s offer, along with
news that mortgage companies
would give delinquent borrowers
more time to restructure their
loans, helped buoy stocks most
of the day, but prices fell back
toward the end of trading. The
Standard & Poor’s 500-stock

index closed up 0.73 per cent,
and the Dow Jones industrial
average was up 133.40 points, or
1.09 per cent. The technology-
weighted Nasdaq composite
index was essentially flat. Shares
of financial companies, which
might benefit from a strong com-
pany like Berkshire Hathaway’s
backing municipal bonds, rose
1.4 per cent.

In a letter dated February 6
to Lazard, the investment bank
that is advising MBIA, Ajit B.
Jain, president of reinsurance
for Berkshire Hathaway, pro-
posed that MBIA pay Buffett’s
company 150 per cent of the pre-
mium it earns for insuring its
municipal bond portfolio. Typi-
cally, insurers cede a share of
their premiums, not more than
they earn.

“I would submit that our pro-
posal at the pricing levels we
require is actually a cheap way
for MBIA to raise capital as
compared to other alternatives’
and is therefore a great benefit: .
to MBIA’s owners and their
municipal bond policy holders,”
Jain wrote. He noted that in
recent months, Berkshire had
been able to set premiums at
twice as much as MBIA used to -
charge, or more. Jain estimated
that the reinsurancé premiums
paid by MBIA and Ambac

SEE next page

The Abaco Club on Winding Bay, Abaco, is looking to fill the
following positions in its Development Department. This is an

eight (8) year project.

Project Manager - Construction

¢ Minimum 10 years experience in construction management
* Proficient in reading and understanding construction plans
* Proficient in creating and monitoring of construction

schedules

¢ Assist with development of forecasting and working

budgets

¢ Proficient with Microsoft Word and Excel
¢ Keen understanding of maintaining aggressive schedules

within planned budgets

¢ Needs good communication, logistical and organizational ©

skill

* Will work closely with larger GC on high-end product
i Praiece Site S : i

¢ Minimum 5 years of construction site management

experience

* Good working knowledge of timber and masonry

construction methods

¢ Working knowledge of construction materials
¢ Proficient in reading and understanding construction plans
° Proficient in fielding and resolving daily on-site queries

from contractors

¢ Proficient in performing material take-offs

¢ Proficient in creating construction schedules

¢ Proficient with Microsoft Word and Excel

* Needs good communication, logistical and organizational

skills

Quantity Surveyor/Estimator

¢ Minimum 5 years experience as a QS/Construction

Estimator

¢ Proficient in reading and understanding of construction

plans

¢ Proficient in material take-offs and creating Bills of

Quantities

¢ Proficient in developing forecasting and working budgets
* Proficient with Microsoft Word and Excel
¢ Need good communication and organizational skills

Project Scheduler

¢ Minimum 5 years experience as a Project Scheduler
* Proficient in reading and understanding of construction

plans

* Proficient with Sure-Track scheduler program
* Proficient with Microsoft Word and Excel
* Need good communication and organizational skills

n a icer

¢ Minimum 5 years experience as a Procurement Officer
* Detailed understanding of freight and shipping logistics
¢ Proficient with ordering and tracking of construction

materials

Good working knowledge of construction materials
‘Proficient with Microsoft Word and Excel
Need good communication and organizational skills

Warehouse Clerk

* Good understanding of construction materials
* Good understanding of warehouse procedures
¢ Proficient with Microsoft Excel

Resume should be sent to Nick Sims,
Development Department,
The Abaco Club on Winding Bay,
P.O. Box AB-20571, Marsh Harbour, Abaco

e-mail to construction@theabacoclub.com





THE TRIBUNE

THURSDAY, FEBRUARY 14, 2008, PAGE 13B



Cee

rescuing

i FROM page 12B

sit

TO.
would total about $9 billion.

» Neither he. nor Buffett
returned telephone calls Tues-
days

-pBerkshire Hathaway’s offer
was prompted by a call from the
New York state insurance super-
intendent, Eric R. Dinallo, who
asked the company late last year
tg,enter the bond insurance busi-
negs directly and quickly gave it
approval to do business in the
state. The company has since
had. similarly warm receptions
insather states.

jin the last couple of months,
inyestors and regulators have
facused intensively on the bond
galagantors, For state regulators,
the main concern has been pro-
testing the $2.6 trillion municipal
band market, about half of
which is insured. For some
states, cities and other public
entities, the cost of borrowing
has,risen noticeably in recent
mnths because investors are
concerned that the guarantors’
hacking will turn out to be
worthless.

;¢Dinallo, who regulates MBIA
and FGIC, has “asked large
banks like Citigroup, Merrill
Lynch and UBS, many of which
hald insurance policies from the
guarantors, to devise a plan to
shore up the insurers. The offi-
cials are discussing investing in
the insurers or providing them
ith lines of credit to cover
fature losses and restore confi-
nce in them. (Ambac is .regu-
lated by Wisconsin regulators.)
While the banks and the guar-
antors continue to meet daily




with each other and with Joseph |

Perella, an investment banker
ho is advising Dinallo, the
Berkshire Hathaway reinsurance
plan is seen as a backup solu-
tion if those talks are unsuccess-

ful, said a person familiar with
the discussions but who was not
authorized to speak about them.

One analyst said Dinallo could
be using the Berkshire offer to
put pressure on the banks to
come up with a plan that
addresses both the municipal
debt obligations and the mort-
gage-related securities insured
by the bond guarantors.

“It may be an effort to get the
banks to come to the table and
probably do it on better terms
than” what Buffett is offering,
said Douglas A Dachille, chief

executive of First Principles Cap-
ital Management, a bond firm

’ based in New York.

The guarantors — who main-
tain that while they have made
mistakes, they remain in good
financial shape — are unlikely to
find the reinsurance plan appeal-
ing. They would much prefer
reinsuring the part of their busi-
ness that is at greater risk for
future losses, and they would
like to pay a smaller premium
than what Berkshire has sug-
gested.

On Tuesday, all three compa-

NOTICE

In the Estate of JACQUELINE J.M. DAUCHY,
late of the County of New York in the State of New

York, U.S.A. deceased.

Notice is hereby given that all persons having
andy claim or demand against the above Estate
are required to send the same duly certified in
writing to the undersigned on or before the 14th
day of February 2008 after which date the Attorney
by Power of Attorney will proceed to distribute the

assets having regard only to the claims of which he

shall then have had notice.

And take notice that all persons indebted to the
said Estate are requested to make full Settlement
on or before the date hereinbefore mentioned.

THE ROSE LAW FIRM
Power of Attorney for the Administrator
Chambers
Butlaw House, East Bay Street
P.O. Box N-3545
Nassau, Bahamas



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NADIA A. WRIGHT

Mrs Wright specializes in the practice of Civil and Commercial
Litigation, which concerns all public and private legal disputes that
are resolved through negotiation or through the courts. She has
attained extensive practical experience in these areas as a result of
her employment as an Associate Attorney with Lennox Paton and
Graham, Thompson & Co. She is a graduate of the College of The
Bahamas, the University f Leeds and BPP Law School where she
obtained an Associate of Arts Degree in History, a Bachelor of
Laws Degree (Hons.) and completed the Bar Vocational Course

respectively.

Mrs Wright was called to the Bar of England and Wales and The
Bahamas Bar in 2002 and is a member of Lincoln’s Inn and The
Bahamas Bar Association.

Samana Hill ¢ 14 Village Road North ¢ P.O. Box N-4589 ¢ Nassau, Bahamas

Tel: (242) 394-1823 © Fax: (242) 394-1824

Website: www.ccsbahamas.com ¢ Email: info@ccsbahamas.com



nies declined to comment.

In an interview in December,
Buffett said he did not want to
enter the business of insuring
mortgage-related bonds because







QUALIFICATIONS AND EXPEREINCE:-
¢ Bachelor’s Degree in Business,(with a major in accounting);
e At least five (5) years job experience in accounting;

¢ Knowledge and ablility to apply accounting;

those securities were too com-
plex and risky — a view he reit-
erated Tuesday on CNBC.
“The insurance in the market
is not doing bondholders any

VACANCY FOR |

FINANCIAL OFFICER

EDUCATION LOAN AUTHORITY

The Education Loan Authority is a quasi government corporation established
under the Eduacation Loan Authority Act 2002, charged with the responsibility of
raising monies for the Education Loan Guarantee scheme established under the
Education Guarantee Fund Act 2001

Applications are invited from suitably qualified individuals to fill the position of
Financial Officer in the Educaion Loan Authority on a three (3) years contractual basis.

ESSENTIAL DUTIES, RESPONSIBILITIES AND SKILL INCLUDES:-
¢ Review and analyze financial reports provided by our agent and

affiliated committee:

¢ provide overall direction for accounting, budget and cash sree

¢ Prepare and post journal entries’

¢ Reconcile accounts, prepare Income Statement and balance Sheet;

¢ Coordinate the annual external audit;

¢ Any other job that may be assigned from time to time by the Board

or the Chief Administrative Officer;

The Salary range for the post is $30,900 x 700 - $37,600 per annum

Interested persons are invited to submit a cover letter, resume and documentary
evidence of qualifications and three (3) references to:

Educational Loan Authority

P.O Box SS-19039
Nassau, Bahamas

Deadline: 20th February. 2008
wi ote

bond insurers

good and is in some cases penal-

izing bond investors,”. Buffett
said. “Our proposal puts the
municipals at the front of the
line.”





























CFA Society of The Bahamas

MONTHLY SPEAKER EVENT

2007/2008 Officers & Directors

President

Kristina M. Fox, CFA

CIT Holdings Ltd

PO Box SS-19140, Nassau, Bahamas
Ph: (242) 363 1501 Fax: (242) 363 1502

Email: kf@cit.co.uk

Vice-President

David Ramirez, CFA

Pictet Bank & Trust Ltd.

PO Box N-4873, Nassau Bahamas

Ph; (242) 302 2217 Fax: (242) 327 6610
Email:dramirez@pictet.com

Treasurer

Christopher Dorsett, CFA

Citigroup Corporate & Investment Bank

PO Box N 8158, Nassau, Bahamas

Ph: (242) 302 8668 Fax: (242) 302 8569
Email: Christopher.a.dorsett@citigroup.com

Secretary

Sonia Beneby, CFA

ScotiaTrust

PO Box N 3016, Nassau, Bahamas

Ph: (242) 502 5700 Fax: (242) 326 0991
Email: sonia.beneby@scotiatrust.com

Programming

Karen Pinder, CFA

EFG Bank & Trust (Bahamas) Ltd.

PO Box SS 6289, Nassau, Bahamas

Ph: (242) 502 5400 Fax: (242) 502 5428
Email: karen.pinder@efgbank.com

Education

Pamela Musgrove, CFA

Colina Financial Advisors, Ltd,

PO Box CB 12407, Nassau, Bahamas
Ph: (242) 502 7008 Fax: (242) 356 3677
Email: pmusgrove@etal.com

Warren Pustam, CFA, CPA
EverKey Global Partners
PO Box N-7776- 318, Nassau Bahamas

Membership
Geneen Riviere

Pearl Investment ieceioes pies

Past President

David Slater, CFA

KPMG

PO Box N-123, Nassau, Bahamas
Ph: (242) 393 2007

Email: dslatter@kpmg.com.bs

RA

PROFESSIONAL
DEVELOPMENT
QUALIFIED ACTANTY





“Options for Enhancing Returns"

Thursday, February 21", 2008

12:00 pm
12:30pm Speaker
Please arrive promptly!

Location:

Speaker: Bud Haslett

Director: Option Analytics
Miller Tabak & Co., LLC

New York, NY

Members $25.00
Non-Members $35.00

General Meeting

Luciano’s of Chicago, Cagliari Room
East Bay Street, Nassau

(Please make cheque payable to: CFA Society of The

Bahamas)

Reservations:

PRE-REGISTRATION REQUIRED -

by Wednesday February 20th, 2008

Karen Pinder, CFA

karen.pinder@efgbank.com

*Prepayment required through one of the Board Members

Options for Enhancing Returns: This 45-minute presentation provides
information concerning the conservative use of option strategies. The presentation begins
with a brief overview of three strategies: protective puts, covered calls, and collars. It
includes a description of the marketplace for exchange traded options. A more detailed
discussion of covered call writing follows, including an examination of the 17-year track
record of the CBOE S&P 500 BuyWrite Index (BXM). Important considerations in
establishing and managing these positions are also reviewed.

Biography: Mr. Haslett is the director of option analytics for Miller Tabak + Co. in New
York City, USA. He is responsible for developing customized and standardized option
strategies for institutional clients and also works on special option-related projects for the
firm. He previously founded Write Capital Management, LLC, a derivatives-based
investment management firm managing more than $300 million in conservative option
strategies and spent two decades on the options trading floor, where he managed
portfolios of stocks and options. He has served on the Business Conduct Committee of the
Philadelphia Stock Exchange as well as a member of the National Option Linkage

Committee.

Mr. Haslett is past president (2003-2004) of the CFA Society of Philadelphia and is
Chairman of the Board of Regents for the Financial Analysts Seminar (2005 to

present). He is an active volunteer for CFA Institute, having served in a variety of
capacities including CFA exam grader and member of the Council of Examiners. He is a
CFA charterholder and also holds the Financtal Risk Manager (FRM) certification. He
received graduate degrees from the University of Pennsylvania and Drexel University and
has served as an adjunct professor of derivatives at both Johns Hopkins University and

Rutgers University,





PAGE 14B, THURSDAY, FEBRUARY 14, 2008 | | See 3

FROM page one

Telecommunications Sector Policy,
which regulate the Bahamian tele-
coms industry, especially the exclu-
sivity periods BTC has to protect it
from competition and maximise its
value to any bidder in a privatisation
exercise.

Specifically, SRG is seeking a dec-
laration that BTC’s 12-month cellular
exclusivity, and 24-month exclusivity
on cellular, post-privatisation are
unconstitutional.

BTC’s continued cellular monop-
oly is also being challenged on con-
stitutional grounds, as are any restric-
tions placed on SRG establishing its
own gateway to carry international
voice and data traffic, especially if
BTC refused to lease circuits for this

purpose.
That is especially important, given
that BTC has launched an action with

SRG ‘pursuing’

the PUC seeking a declaration that
it has an “exclusive right to operate
systems to provide international con-
nectivity for voice telephony” to
SRG’s exclusion.

Meanwhile, SRG’s president said
that with the Privy Council ruling that
BTC’s attempt to challenge its right to
use Voice over Internet Protocol
(VoIP) technology in its network was
“an abuse of the court’s process”, the
various attempts to restrict the com-
pany’s competitiveness appeared to
be melting away.

Paul Hutton-Ashkenny said: “Obvi-
ously, we’re very pleased that at long
last we’re able to draw a line under
this VoIP issue and put it behind us.
It’s the end of a three-year chapter.
We can move on.” °

With the PUC having ruled in

SRG’s favour on the Abaco inter-
connection dispute with BTC, and the
latter’s refusal to programme its
switches to accept exchange humbers
granted to SRG, Mr Hutton-Ashken-
ny added: “All of these things seem to
be falling away.

“Finally, once we get all the remain-
ing bits and pieces out of the way, we
will have a settled competitive market,
which will be to the benefit of all of us.

“BTC and ourselves can focus on
the market, the PUC can focus on
regulation, and hopefully the con-
sumer will benefit.”

Mr Moree said of the Privy Council
ruling: “We think it is another step in
the process of trying to level the play-
ing field, which hopefully will ulti-
mately result in a liberalisation of
the telecoms sector to provide
better services, at more affordable
rates, for the benefits of the Bahami-
an people.”

FROM page one

improve schools and education, clinics
and healthcare, roads and other vital
infrastructure.

The Airport Authority has now leased
LPIA to the Nassau Airport Development

Company (NAD), its wholly-owned sub- °

sidiary, for 30-years, with the latter now
entrusted with managing,. operating and
upgrading the main gateway to the Bahamas
to world-class standards.

NAD was required to pay $50 million to
the Airport Authority on April 1, 2007, part
of a $65 million bridging loan facility that it
raised from a syndicated group of lenders.
NAD is being run by Vancouver Airport

Services (YVRAS) under a 10-year man-

agement contract.

The 2007 financial statements, prepared
by Ernst & Young, again added solemnly
that given the Airport Authority’s consis-
tent deficit, if this continued it would not be
able “to service the credit facilities that it
has obtained to fund necessary operating

. THE TRIBUNE

— Airport Authority

and capital expenditures. Financial support
from the Government is essential for the
continued operations of the Authority”.

Government support has, over the years, .
taken more than one form. While the subsi-
dies it has received over the years have been
treated as income, in 2007 the Airport
Authority also received a $2.5 million
advance from the Ministry of Finance \“in
order to initially support the operations of
NAD”.

This sum paled in comparison to the
$17.994 million advanced b;’ the same min-
istry in 2006 to enable the Airport Authori-
ty to acquire security equipment and reno-
vate security-related areas. Both these
advances haye no interest rate attached, and
no maturity date.

Still, the Airport Authority’s operating
revenues improved to $18.032 million for
2007, compared to $11.89 million the previous
year, largely due to a more than $5 million
improvement in recoveries and other income.







HTS aC
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Ph: (242) 364-2062

Special Order Parts

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REET wer Meetings
EG ones Ee

ELT

#% The d’Albenas
Agency Ltd.

has a
new telephone number

r

— (242) 677-1441

Our fax number remains:
(242) 328-2938

Our old telephone number
(242) 322-1441 is no longer
in service

The d’Albenas Agency Ltd.
Madeira Street, Palmdale
new telephone number

(242) 677-1441

Pricing Infcrmation As Of:
2

Abaco Markets
Bahamas Property Fund
Bank of Bahamas
Benchmark
Bahamas Waste
Fidelity Bank
Cable Bahamas
Colina Holdings
Commonwealth Bank (S1)
Consolidated Water BDRs
Doctor's Hospital
Famguard
Finco
FirstCaribbean
Focol (S)
Freeport Concrete
ICD Utilities
J. S: Johnson

00 ——~Premier Real Estate

Bahamas Supermarkets
Caribbean Crossings (Pref)
ND Holdings
OE a nc Rr tt fe Re eee
ABDAB
Bahamas Supermarkets
RND BO

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

1.300059***
2.999402***
1.378862"
3.7969*"

11.9333 11.3545 Fidelity Prime Income Fund 11.9333**
100.0000 100.0000 CFAL Global Bond Fund 100.00**
100.0000 100.0000 CFAL Global Equity Fund 100.00**

1.0000
_,,,10-5000

CFAL High Grade Bond Fund 2 ee
Fidelity International Investment Fund



ALL SHARE INDEX - 19 Dec 02 = 1,000.00

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

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

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

Daily Vol. - Number of total shares traded today

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

27.72%
5.53%

RIND EX: ‘chose 20.24 YTD -2.40% / 2007 34.47% SAS
MARKET TERMS YIELD - last 12 month dividends divided by closing price

Bid $ - Buying price of Colina and Fidelity

Ask $ - Selling price of Colina and fidelity

Last Price - Last traded over-the-counter price

Weekly Vol. - Trading volume of the prior week

EPS §$ - Acompany's reported earnings per share for the last 12 mths

NAV - Net Asset Value

N/M - Not Meaningful





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PARTS HAVEN |

Independent Distributor









Retailers
All Bahamian Creative Designs - 436-5127
Other Independent Distributors

Fuel Solutions - 454-4978
Markland fuel - 324-8413
L. Bridgewater - 436-5509

Retail, Wholesale and Distribution Opportunity Available
Meeting at Holy Cross February 15th and 29th
at 7:30pm
431-7910/364-2062

VACANCY NOTICE

The Bahamas Co-operative League
& Insurance Brokerage Limited
Requires the services of a
Messenger / Handy Man

The successful applicant will be responsible
for providing messenger services assisting with
general office and maintenance duties.

Applicants should:
/ Bea Bahamian citizen
V Possess a valid drivers license
VY Possess a minimum of a high school diploma ~
Have good interpersonal skills

Deadline for application:
February 15, 2008

Applicants should submit their resumes to the
Bahamas Co-operative League
& Insurance Brokerage Limited

Russell Road P.O. Box SS-6314 — fax: 242-328-8730

VENEER ND
2.750
1.125

ce N/M

Yield %

19.97%

27.72%
5.53%

** 31 December 2007
** 31 January 2008
seer. 2 January 2008



P/E - Closing price divided by the last 12 month earnings FINDEX - The Fidelity Bahamas Stock Index. January 1, 1994 = 100

(S) - 4-for-1 Stock Split - Effective Date 8/8/2007

Kos) 2 fart Stock Split - Effective Date 7/11/2007 a ane
WG TO TRADE CALL: CRAL 24602-7010 7 FIDELITY 242-366-7764 7 FOR MORE DATA & INFORMANIO Y GALL (242) Sb4 2808

NOTICE

NOTICE is hereby given that SAINTILNA PHILIPPE PAUGH

of CALABASH BAY, ANDROS, BAHAMAS, is applying to,
the Minister resposible for Nationality and Citizenship, for,
registration/naturalization as a citizen of The Bahamas, and,,
that any person’ who knows any reason why registration/ |
naturalization should not be granted, should send a written |
and signed statement of the facts within twenty-eight days from,
the 14TH day of FEBRUARY, 2008 to the Minister responsible.
for Nationality and ee P.O.Box N- 7147, Nassau;
Bahamas. iv

NOTICE

NOTICE is hereby given that ANITA SMITH SANCHEZ of 35TH |
STREET, BUILDING 51, APARTMENT 38TH BEWTEEN 26.
AND 34, ARTEMISA, LA HAVANA, CUBA, is applying to the’.

Minister resposible for Nationality and Citizenship, for registration/;.
naturalization as a citizen of The Bahamas, and that any person,

who knows any reason why registration/ naturalization should nat;
be granted, should send a written and signed statement of the facts
within twenty-eight days from the 14TH day of FEBRUARY, 2008”
to the Minister responsible for Nationality and Citizenship, P.O. Box’!
N- 7147, Nassau, Bahamas.

NOTICE
NOTICE is hereby given that EUNIDE LOUISSAINT of,
MACKEY STREET, P.O. BOX N-9368, NASSAU, BAHAMAS «
is applying to the Minister resposible for Nationality and’
Citizenship, for registration/naturalization as a citizen of The.;
Bahamas, and that any person who knows any reason why:
registration/ naturalization should not be granted, should send,”
a written and signed statement of the facts within twenty-eight;
days from the 14TH day of FEBRUARY, 2008 to the Minister’
responsible for Nationality and Citizenship, P.O.Box N- 7147)".
Nassau, Bahamas. 0

NOTICE =
NOTICE is hereby given that MERLINE MOCOMBE of PRISON: I
END, DEAD CAT ALLEY, P.O. BOX-SS 5951, NASSAU, |
BAHAMAS, is applying to the Minister resposible for Nationality I
and Citizenship, for registration/naturalization as a citizen of |}.
The Bahamas, and that any person who knows any reason why |
registration/ naturalization should not be granted, should send |
a written and signed statement of the facts withjn twenty-eight
days from the 7TH day of FEBRUARY, 2008 to the Minister |
responsible for Nationality and Citizenship, P.O. Box N-. 7147,
Nassau, Bahamas. ‘

NOTICE

NOTICE is hereby given that LELAWATTEE MANOO- °
RAHMING of SOUTH OCEAN, P.O. BOX-CB 11678, NASSAU,



_ BAHAMAS, is applying to the Minister resposible for Nationality

and Citizenship, for registration/naturalization as a citizen of

| The Bahamas, and that any person who knows any reason why |

registration/ naturalization should not be granted, should send
a written and signed statement of the facts within twenty-eight |
days from the 7TH day of FEBRUARY, 2008 to the Minister —
responsible for Nationality and Citizenship, P.O.Box N- 7147, |
Nassau, Bahamas.

NOTICE

NOTICE is hereby given that DOROTHY P. BAKER of 9A |
CAVE POINT, P.O. BOX-N 4447, NASSAU, BAHAMAS, |
is applying to the Minister resposible for Nationality and
Citizenship, for registration/naturalization as a citizen of The

Bahamas, and that any person who knows any reason wh¥i)
registration/ naturalization should not be granted, should seng

a written and signed statement of the facts within twenty-eight}

days from the 7TH day of FEBRUARY, 2008 to the Ministete
responsible for Nationality and Citizenship, P.O.Box N- m4 a
Nassau, Bahamas.

The ~ Public is hereby advised that |, PATRICK
LIVINGSTONE ROLLE of Blue Hille Road South, P.O, Box
CR-54128, Nassau, Bahamas, intend to change my |
name to PATRICK LIVINGSTONE KEMP. If there are any
objections to this change of name by Deed Poll, you,
may write such objections to the Chief Passport Officer, |
P.O.Box N-742, Nassau, Bahamas no later than thirty ed

days after the date of publication of this notice.

NOTICE

NOTICE is hereby given that JOHN H. BAKER of 9A CAVE
POINT, P.O. BOX-SS 4447, NASSAU, BAHAMAS, is applying |
to the Minister resposible for Nationality and Citizenship, for
registration/naturalization as a citizen of The Bahamas, and |



that any person who knows any reason why registration/
naturalization should not be granted, should send a written
and signed statement of the facts within twenty-eight days from |
the 7TH day of FEBRUARY, 2008 to the Minister responsible —
for Nationality and Citizenship, P.O.Box N- 7147, Nassau, |
Bahamas. it





—THE TRIBUNE





“mBy KEVIN J O’BRIEN
Hols, 2008 New York Times
-'â„¢'News Service

t "BARCELONA, Spain — At
‘a glance, the mobile phone, a
steel-blue clamshell model able
to display streaming video at
broadband Internet speeds,
could be mistaken for one of the
| more than 100 models made by
Nokia, the world’s leading cell
- | phone maker.
But this phone, the F230, is
’ the latest high-speed device from
, of Shenzhen, China, whose
three per cent global market
waar pales next to the stake
éld by Nokia, which analysts
estimate reached a record 40.2
} per cent in the fourth quarter.
} Still, Li Ying Feng, general
} product manager for ZTE’s
| most advanced models, said he
| was not intimidated by Nokia,
- | whose market share is more than
the combined shares of its three
tdp rivals: Samsung, Motorola
} aivd Sony Ericsson. In the shad-
ow of the giant, Feng said ZTE
was on track to double its cell
phone sales, to 60 million, this
year.
“We consider the mobile
“fiandset business to be very com-
[ater Feng said during an



interview here at the Mobile
'World Congress, an industry
convention. “The market can
change at a moment’s notice,
‘ bécause there are so many vari-
ables to success.”
‘Nokia, a Finnish company, is
be good position to extend its
lead. The company’s low-cost
[2p anetion and distribution
chain is churning out record
sales in the emerging markets of
Africa, the Middle East, India
jand Brazil. In India alone, Nokia
is oe 8 million cell phones a

{month
ompetitors, however, say



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Nokia is still vulnerable to the
vagaries of the cell phone busi-
ness, with its fickle consumers
and aggressive challengers. Miss-
ing the latest innovation or style
twist could bite into the compa-
ny’s lead in a matter of months.

“The game is definitely not
over,” said Daniel Moloney,
president of Motorola’s cell
phone business.

Motorola ranks third in the
world market after Nokia and
Samsung, with a 12.3 per cent
market share, according to Strat-
egy Analytics, a research com-

any.

In 2005, Motorola temporari-
ly closed the gap with Nokia
with its Razr model; previously,
it made a similar gain in 1996
with the StarTac, the first
clamshell phone.

Olli-Pekka Kallasvuo, Noki-
a’s chief executive, said he was
by no means ready to declare
victory. On the contrary,
Kallasvuo said, Apple, with its
iPhone, and Google and
Microsoft, which both make soft-
ware that competes with Nokia’s
Symbian operating system, are
serious new challengers.

“What - have are several
industries that are converging,
sometimes even colliding with
each other,” he said. “There
have always been competitors.
There will always. be competi-
tors.”

And many of those competi-
tors are profiting even as Nokia
continues to grow. Samsung of
South Korea, with a 14 per cent
market share, is on track to sell
more than 200 million phones
this year, an increase of 25 per
cent, said Yongcho Chi, an exec-

_utive vice president in the

mobile division. “In terms of the
market, there is plenty of room
for someone like Samsung,” he
said.

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Nokia’s lead

One potential brake on Nokia
are mobile operators, which are
reluctant to depend on a single
cell phone maker, which could
use its leverage to demand better
terms from sales.

“Nokia is an impressive com-
pany, but it is certainly in our
interest to ensure that there are
a range of competitors in the
market,” said Boris Nemsic,
chief executive of Telekom Aus-
tria and: its wireless unit,
Mobilkom Austria. “The hand-
set business is packed with inno-
vators, such as HTC of Taiwan
and ZTE of China, which keeps
prices low.”

But the biggest threat to
Nokia at the moment may come
from within.

The company is pursuing a
costly, ambitious plan called Ovi
to build a profitable business in
mobile services, a goal that so
far has eluded many mobile net-
work operators.

For Ovi, Nokia has acquired a
series of software companies,
including Navteq, an American
maker of digital map data. Nokia
is paying $8.1 billion for Navteq,
wagering that satellite location
services will chart a new path to
sales and profit.

Niklas Savander, head of
Nokia’s new services and soft-
ware group, said the company
had hired top executives from
Yahoo, Microsoft, eBay and
IBM to help build Ovi. At the
same time, Nokia is appeasing
operators by agreeing to dou-
ble-brand the wireless services
on its cell phones, letting Voda-
fone or Orange subscribers, for
example, choose either their
operator's Web portal or Noki-
a’s.

“We have basically agreed to
bake the pie first before fight-
ing over how to aeut it,” Savan-
der said.

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Stabbing: Teen refused bail

16-year-old accused

of the death of fellow.
student is remanded to
Her Majesty’s Prison

@ By NATARIO McKENZIE

THE 16-year-old boy accused
of the stabbing death of a fellow
C C Sweeting Senior High

- School student earlier this week,
was remanded to Her Majesty's
Prison yesterday despite
attempts by his lawyer to have
him released on bail.

The accused, of Gerald
Bartlette Estates off Cowpen
Road, was arraigned before
Chief Magistrate Roger Gomez
at Court One, Bank Lane,
charged with the murder of:
Rico Ramond Farrington, 17.

According to court dockets,
the accused is charged with
intentionally and unlawfully
causing Farrington's death on
Monday, February 11. Fourteen
witnesses are listed on court
dockets.

Reports state that Farrington,

- who was a 12th grade student at

C C Sweeting Senior High
School, was returning to class
from the school's tuck shop
around 11.55 am on Monday
when he was approached by
two male students. An argu-
ment reportedly followed result-
ing in the victim being stabbed
in the chest. Farrington, a resi-
dent of Milton Street, was pro-
nounced dead shortly after
arriving at the hospital.

The accused was informed by
Chief Magistrate Gomez yes-
terday that he was not required
to enter a plea to the murder
charge. Sergeant Herbert Dun-
combe, the prosecutor,
informed the court that the
prosecution intends to proceed
with a Voluntary Bill of Indict-
ment. Sergeant Duncombe also

SEE page 14

Murder convict is
sentenced to death

l@ By NATARIO McKENZIE

MURDER convict Ian Knowles was sentenced to death yes-
terday for the brutal slaying of Jermaine "Bobo" Thompson in April

2004.

Thompson's partially decomposed body was discovered at Mer-
lin's Lair, a blue hole in Abaco on April 10, 2004. His body was
found wrapped in a sheet secured by duct tape and weighed by
heavy silver chains with padlocks and tied with rope to a concrete
block. Thompson, 30, was found to have died from a stab wound to
the right lung and multiples stab wounds about the body. Knowles

SEE page 17









Christie Tat PLP’s 50th convention



bring hope to people everywhere in the Bahamas. » SEE PAGE SEVEN

ES ISTORII
{o contravene Bahamas Gustom's Tariffs

Zhivargo Laing

m@ By PAUL G TURNQUEST
Tribune Staff Reporter

_THE Minister of State for
Finance ‘Zhivargo Laing came
under fire yesterday in the
House of Assembly for alleged-
ly attempting to contravene the
Bahamas Custom’s Tariffs to
help his sister-in-law ‘receive a
lower tax rate for the importa-
tion of juice drinks to the

pturnquest@tribunemedia.net ~

Felipé Major/T ribune staff






Bahamas.
Challenged on the matter by

matter.

Department about the duty rate

SEE page 16

Bishop Simeon Hall attacks Bar Council

justice.”

MP expresses
concern about
‘prostitution ring’
in Golden Gates

SHANE Gibson, PLP MP for

? Golden Gates, expressed con-
: cern in the House of Assembly
i yesterday about a “prostitution
:_ ring” that is proliferating in his
? constituency.

Over the past nine months,

: Mr Gibson said, he has received
: a number of complaints from
? his constituents.

“Some of the concerns, Mr

: Speaker, are concerns about
: prostitution, about individuals
? running what people call pros-
: titution rings, whore houses.
i They are concerned about indi-
: viduals who they... I saw some-
thing in the papers this morning
? where individuals continually
: get involved with minors,” he
: said.

Mr Gibson promised that he

will speak more to this problem
: in his constituency at a later
: date.

Govt and

Opposition to

PLP LEADER Perry Christie speaks to the press yesterday at the PLP headquarters. Mr Christie formally :
announced his party’s 50th convention yesterday at Gambier House declaring it is still his view that the ‘over-. :
whelming majority’ of Bahamian people view the PLP as the only party that can address the country’s ills and :

form select
committee
on crime

| By BRENT DEAN

Tribune Staff Reporter
bdean@tribunemedia.net

GOVERNMENT and the

: Opposition agreed yesterday in
: the House of Assembly to form
Frank Smith, PLP- St Thomas }
More MP, Mr Laing promised ;
to make a full report on the }
_ | which violent crime increased

, Admitting that a complaint :
was made to the Customs }
; committee was advanced by the
charged for the import of the ;
drink, Mr Laing said that the ;
?. described the conditions of fear
: and heartbreak many Bahami-
: ans feel as a violent crime soars

Menten edeneneneeneneeeene ees es ee sbene Denes eee eens eRe ee Ene ee antes EDs es EERE NDE DESEDE EOE DEEOEESEDEESORERE ODE RE EOS ES EERE En ESEEEEDAEnEAEASESHAGESEHERaenenseneesuensnaeauesensuauanasansaeenenensessesesened — f

: in the country.

a select committee on crime, in
wake of the record breaking
year of violence in 2007, in

by 38 per cent. .
The motion to form the select

Opposition PLP, whose lead
speaker Dr Bernard Nottage

“Today when a parent or

guardian gets a call from a
: school they are reluctant to take
: that call. And over the last sev-

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













Bishop Hall, chairman of the National Advisory
Council on crime, identified lawyers themselves
as exacerbating the woes of many members of the
public who have cause to go to the courts, ulti-
mately contributing to the sense of disenfran-
chisement among many Bahamians.

“While parental discipline is pivotal to the ideal
for a crime free society, the legal system is a major

SEE page 16

? eral.months such calls have
? been made to inform them that
: there has been an incident at
: school. And in too many cases
: they never see the child who
: left home, for the supposedly
: safe confines of the school, alive
: again,” he said.

SEE page 14

BISHOP Simeon Hall attacked the Bar Council
yesterday for alleged ineffectiveness in keeping
“greedy unscrupulous lawyers” in check.

That was one of several complaints against the
legal fraternity and system in a scathing statement
issued in which he proposed that “no society has
ever achieved peace without first achieving

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PAGE 2, THURSDAY, FEBRUARY 14, 2008

THE TRIBUNE



aie eam eRe TONTE IO aaa
Tornado touches down on

south-west Grand Bahama

4 bed, 3 bath, central air,security
screens & bars, furnished,

alarm, swimming pool, large yard,
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Phone 423-9866







@ By DENISE MAYGOCK
Tribune Freeport
Reporter
dmaycock@tribunemedia.net

FREEPORT - A tornado
touched down on Wednesday
morning in the south-western
part of Grand Bahama, caus-
ing extensive damage at the
Lucayan Harbour.

The company reported that
terminal buildings, warehous-
es, power lines and fencing at
the harbour were affected by
severe weather caused by the
tornado.

Meteorologist Donna Dun-
combe said that the Grand
Bahama Weather Department
received reports at around
7am of a tornado in the vicin-




























THE TORNADO caused damage to this building at the Lucay

ity of the harbour.

A press release issued by
harbour officials said no one
at the facility was injured dur-
ing the incident.

They said an approach
buoy, which was reported
missing yesterday morning
from the harbour, was discov-
ered-on the beach at Our
Lucaya — a significant distance
to the east.

Major damage was sus-
tained to Warehouse 12,
which houses the administra-
tion staff for the Facilities
Department and the Mechan-
ic Shop.

The roof of the building was
torn off by powerful winds

and an entire portion of the
wall was blown down, expos-
ing the building’s interior.

Terminal Two, where the
Royal Bahamas Police is
housed, was also extensively
damage when a.portion of the
roof collapsed into the struc-
ture.

There was visible structural
damage at the east side of the
building. The cargo section of
terminal two was also dam-
aged.

A trailer-truck also over-
turned causing damage to a
pick-up truck.

Although the company did
not’shut down, operations
were temporarily affected at




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the harbour as work crews
were called in to repair
downed power and utility
lines.

“Thanks to the quick action
of the administration and staff
of the harbour, the facility is
open and operating as usual.”

“All damaged buildings
have been secured with bar-
ricades and red caution tape
for crowd control; facility elec-
tricians have turned off the
power to these building
because of the amount of live
electrical wires,” said the com-
pany’s statement.

“GB Power; Cable
Bahamas and BTC were all
called in to make the neces-
sary repairs to restore com-
munication, and to secure a
number of live lines that came
in contact with metal fences
and properly reconnected
them.”

Due to the unsafe condi-
tions of the Facility Depart-
ment, company officials have
temporarily relocated it to
Warehouse 11 until further
notice.

There.was no damage to
Warehouse Five or Terminal

1, which is used by Discov-
ery-Cruises.

Due to strong winds, the
company suspended

clean-up operations until
today.

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

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









‘ny a
en ee






| TR dp eae Ree es)
THE TRIBUNE

THURSDAY, FEBRUARY 14, 2008, PAGE 3



PN Ee
Ministry takes any

allegation of sexual
misconduct in education
system ‘very seriously’

© In brief

17-year-old
arrested in
connection
with assault
rifle find
THOMPSON

tthompson@
tribunemedia.net

A 17-YEAR-OLD boy is
in police custody following
the discovery of an AK-47
and drugs on Tuesday,
police said.

Officers from the DEU
were reportedly on patrol
in the Andros Avenue area
at around 9am on Tuesday
when they saw a suspicious
individual riding a bicycle.

The officers conducted a
search of the area and
found the loaded AK 47
assault rifle and a quantity
of marijuana.

The 17-year-old was tak-
en in for questioning and is
currently helping police
with their inquiries.

@ POLICE are actively;
seeking the whereabouts of :
a woman who stabbed :
another woman in the neck
area on Tuesday.

According to police
reports, while in the Pride
Estates area at around
7pm, a 34-year-old
woman was involved in a
dispute.

She was stabbed to the ©
neck with an unidentified
object by another woman. '

The victim was taken to
hospital for treatment
where she was listed as sta-
ble, police said.

Carl Bethel responds
to question in House

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

EDUCATION Minister Carl Bethel assured
the public that his Ministry takes “very seriously”
any allegation of sexual misconduct in the edu-

cational system.

Responding to a question posed by the member
of parliament for West End and Bimini Obie
Wilchcombe during Opposition Day in the House
of Assembly yesterday, Mr Bethel promised that
the physical and emotional well-being of students
are of paramount importance to his ministry.

“Let me say clearly, emphatically, and so that
anyone in the sound of my voice will not have one
iota of doubt, that the physical, the emotional,
intellectual, and cognitive welfare of all children
in the educational system is the highest, indeed
the paramount priority of this Ministry of Edu-

cation and this minister.

“All matters drawn to our attention are appro-
priately dealt with by the responsible officials in
the ministry or the Department of Education.
They are referred to where necessary for legal
advice and they are appropriately being dealt
with where necessary steps are taken further than

that.”

This came in the wake of the Ministry of Edu-
cation launching an official investigation into
reports of sexual misconduct beiween a female
teacher and a male student at a government high

school.

The teacher and the student have since “tarted

to receive counselling for the matter.
Since this initial report, two other students
- have come forward claiming to have

ae stile

years.

involved sexually with their teachers, and
that the relationships spanned a number of



Mr Bethel said that he could not comment on

how such matters may have been handled under

previous administrations, but assured the Bahami-
an people that if any such matters are drawn to his
ministry's attention,
tiously, responsibly, and with a view towards the

“they are dealt with expedi-

welfare of all children in our care.”

Neen

ed,” he said.

“l want all children to know that this ministry
will respond to anything that causes them to feel
uncomfortable in any way, abused, or molest-

Claim that govt will ‘wreck’ economy if it
sions onto Economic Partnership Agreement

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

GOVERNMENT has been
warned that if it does not resist
signing onto the Economic Part-
nership Agreement, it will
“wreck” the Bahamian economy.

Attorney and PLP hopeful
Paul Moss told The Tribune yes-
terday that he believes govern-
ment must not “really under-
stand” the implications of the
EPA.

“Tf they did, they would not
seek to sentence the Bahamian
people to economic death,” he
said.

For the last 32 years, African,
Caribbean and Pacific (ACP)
countries have enjoyed duty-free
access for most of their goods —
primary among these for the
Bahamas include Bacardi prod-
ucts, lobster and Polymers prod-
ucts — to the EU market, while
not being required to offer the
same level of duty-free access to
EU goods entering their markets.

In this way, the Bahamas has
protected its developing econo-
my from the impact that a free
flow of EU goods — produced
much more cheaply — could have
on their industries, by adding cost
in the form of customs duty.

However, World Trade Organ-
isation (WTO) member countries
who were not a part of the
ACP/EU agreement considered
that their goods and services were
being discriminated against.

After the signing of a WTO
‘Agreement in 1994, many EU
and ACP countries committed
themselves to the principle that
countries should not discriminate
against each other in trade.

A “waiver” offered by the
WTO to EU and ACP countries
from the requirement to comply
with its principle of non-discrim-
ination expired on December 31,
2007.

This is why CARIFORUM
negotiators, on behalf of CARI-
COM members such as the
Bahamas, have been working out
a new trade agreement with the
EU - the EPA - that complies
with the WTO’s trade rules.

Under the new agreement,
forged in intense negotiations, the
Bahamas and its fellow ACP
countries, should they choose to
sign on, can maintain their duty-
free access for their exports — if
and only if they in return allow

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the same access for EU goods
into their markets.

In his statement, Mr Moss said
that while he understands gov-
ernment’s concern about the
importance of maintaining the
level of access currently enjoyed
by this country to the EU mar-
ket for companies such as Bacar-
di, Polymers International and
the country’s lobster industry, the
agreement is by and large “egre-
gious to the overall health of the
Bahamian economy.”

“We say that since Bacardi is
leaving the Bahamas next year,
Polymers is taking advantage of
the Caribbean Basin Initiative by
sending its goods to the USA and
our lobsters are in demand in
North America, we should forgo
this agreement,” he said.

Mr Moss pointed out that
under the EPA, the Bahamas also
will be required to liberalise its
service industries and remove
many tariffs from its borders,
allowing European tourism and
banking companies to compete
with Bahamian ones and losing
the current primary means of rais-
ing government revenue. Inter-

DX,

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mented to replace these funds,
other commentators have stated.

Another element of the EPA
allows for Europeans to compete
with Bahamians for government
contracts. “In short, the EPA is
CSME (Caribbean Single Mar-
ket and Economy) and WTO,”
asserted Mr Moss.

“We submit that in our lead-

ers’ zeal to please those from the |

outside they will sign on to any-
thing — we simply cannot jump
to the tune of someone else’s

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Minister of State for Finance
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PAGE 4, THURSDAY, FEBRUARY 14, 2008

THE TRIBUNE



EDITORIAL/LETTERS TO THE EDITOR



The Tribune Limited

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

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

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

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

Piblisher/Edior 1972-

Published Daily Monday to Saturday

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

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

It’s the responsibility of all of us

LAST NIGHT the House agreed to the
Opposition’s request for the appointment of
a select committee to investigate this coun-
try’s escalating crime — its causes and its
solution, with power to send for persons and
papers to help them with their probe.

We agree with Bamboo Town MP
Branville McCartney, who opened the debate
for government, when he pointed out that
over the years the crime problem has been
thoroughly debated, and an in-depth crime
report has even been produced. Bahamians
do not want more talking, they don’t.want
more committees or commissions, they want
action. And they want it now.

The community’s missing link is a disre-
spect for law and order and a lack of a sense
of decency.

Mr McCartney said that the public should

not look for quick solutions, but rather must -

understand that the prevalence of crime is a
problem that all social partners had to col-
lectively address.

Crime, he said, is everybody’s business.
It was not the business of the police alone to
solve, it was the business of every man,
woman, and child. They all had to be a part of
the solution, but today too many of them are
a part of the problem.

Examples of correct behaviourvhad to
come from the. top. This included politicians.
As we all know from recent public scandals,
a few politicians have been anything but role
models.

In fact they have become part of the prob-
lem. How many times over the years — par-
ticularly in the eighties — haven’t we heard
young people say: “If Mr So-and-So can do it it,
why can’t I?”

In the context of our society, the answer
was easy: “In our society, Mr So-and-So does-
n’t go to jail, but you do.” This situation has
certainly contributed to anti-social, even defi-
ant behaviour and built up resentment against
the group that would include Mr-So-and-So.

“Every last one of us,” said Mr McCart-
ney, “every citizen, every resident, every man,

woman, boy and girl must take responsibility. ©

We must all watch each other’s back.-We
must take care of our corner. Yes, we are

indeed our brother’s keeper. We must ensure ~

that we do not harbour criminals in our
house; on our block, or anywhere in our
neighbourhood. This problem will not go
away unless we, we, stop it. All of us, Mr

Speaker, all of us must work together to stop
it.”

Sacha Armbrister, executive vice president
of the Bahamas Youth Council, at the open-
ing of the first National Youth Anti-
Crime and Non-Violence Forum, said it all
when she spoke to the community.

She pointed out that the only way that
Bahamians can defeat crime and criminality
would be by making a conscious decision to
stop knowingly protecting drug dealers,
thieves, rapists and murderers and all other
criminals.

How many times have we had mothers
crying in our editorial office about their
“sood.son,” their “loving son” who never
forgot his mother when alive, and now he
was dead. On further investigation, our
reporter would discover that the beloved son
was dead because of his lifestyle — a lifestyle
that his mother chose to ignore because the
proceeds from his drugs gave her a life of
comfort. And yet, this mother would cry out
to the police and government to protect her
home and her neighbourhood from crimi-
nals — forgetting that her dearly beloved
son was one of them.

If these mothers would sound the alarm

‘when their sons start to stray, many of these
sons would be alive today. If the courts would

have kept some of the offenders awaiting tri-
al in jail a little longer, they too would have

“been alive today. Most of the crimes now

being committed’ — with the exception, of
course, of violent crimes involving students —
are drug related. They are often cases of one
man with a police record settling an old score
with another man with a similarly long record.

In most cases over the past year and a
half when police stand over a bullet riddled
body, their remark is: “He is well known to
the police.”

When the police press officer then tells
reporters that the culprit they are looking
for in the first man’s death, is also “well
known to the police” no reporter needs an
interpreter. Reporters know that both men
have long rap sheets, and that they were
probably out on bail awaiting trial.

And now we have a select committee. We
have more talk. However, while the politi-
cians talk, we hope that the community will
get on with the job of cooperating with the
police and getting the criminals behind bars
— even if it might be a mother’s own son.



NEED-SOLUTION SELLING

Bay Street
needs some
sprucing up

EDITOR, The Tribune.

WE ARE hearing nowa-
days much from the Prime
Minister and Minister Earl
Deveaux as to plans for Bay
Street — Arawak Cay, etc,
however in reality are they
talking double-talk?

We accept there is a busi-
ness problem on Bay Street
but generally, except for the
ugly banners and one or two
buildings that the owners need
to paint, Bay Street does not
look too bad although it could
do with a general sprucing up.

I suggest to achieve this we
need the Prime Minister to
invite the Queen to visit —
find some historical anniver-
sary and invite her or one of

_ the Royals — we will all get

together and clean up every-
where.

I recall it was back in the
FNM’s first term that Her
Majesty last visited and basi-
cally the last time we really

LETTERS

letters@tribunemedia. net




looked good.

Dealing with business on
Bay is more difficult and will
take time however most
accept that unless the land on
the waterfront which has to
have a different use, the con-
tainer docks gone, is complet-
ed we are unable to even con-
template developing what is
probably the most valuable
real estate in New Providence.

The cause for the economic
downturn is a direct result of
the development, especially
on Cable Beach of the “all-
inclusive” concept for the
hotels — why should I visit
downtown if all my meals are
already paid for?

The four-star Bay Street
restaurants, Black Beard’s -
El Toro, etc, slowly died and
with that Bay Street — the

new incentive for Tourism
related businesses this applies
for them.

BEC could check their
poles and replace the old rust-
ed ones — have you noticed
those ugly banners on the first
floor of the first building on
the north side of Bay right
after turning from the Hilton?
You see if the Special Archi-

tectural Committee of Town

Planning visited Bay Street
more often they would see
these violations and remedy
the ugliness.
Big banner signs screaming
Discount Sale does not give
the image of a once regal

shopping area but we see

those banners everyday.
Did Town Planning give
permission?

B FERGUSON
Nassau,
February, 2008.

‘Papa Doc’ is one of the best
books I have read in a decade

EDITOR, The Tribune.

I am constrained to pen this
short letter to you to publicly
compliment your Managing
Editor, Mr John Marquis, on
his extremely well-written
book, “Papa Doc”.

This book is one of the best
that I have had the privilege
and pleasure to read in almost
a decade.

I thank my lovely wife,
Antoinette, profusely, for giv-
ing me a copy of this book for
my birthday present (January
14th, 2008).

Each evening, I am com-
pelled to read a chapter or
two.

“Papa Doc” chronicles the
rise and fall of the late Haitian
President for Life, Doctor
Francois Duvalier.

Mr Marquis’ style and prose
are incomparable.

This book is a must read for
all serious students of history
and would-be politician.

Many of the traits ascribed
to Dr Duvalier in this master-
piece, are able to be attributed

to most of our local politicians.
The good doctor started out
as a humanitarian and a do-
gooder, but transformed him-

self into a voodoo high priest~

and an ally of Baron Samedi;
the Haitian god of the dead.
He was trained to save life but
ended up personally supervis-
ing the execution of his real
and perceived political oppo-
nents.

I would encourage Mr
Marquis to write a similar
book about our own late great
Sir Lynden Oscar Pindling.
Others have done so, but none
of them, with all due respect,
have the style, skills and com-
mand of the written word the

way John has.

A journalist who is known,
throughout the world, for
these attributes is the appro-

'priate-person: to write such a
‘book.

And, please Brother Mar-

quis, Write such a book in a
timely manner, while we are
still youthful enough to enjoy
it.
To God then, in all of these
things, be the glory, for you
have written a fascinating
political and anthropological
book.

ORTLAND H. BODIE JR.
Nassau,
January 26, 2008.

English and mandarin

EDITOR, The Tribune.

I would have thought that a reasonable fluency in English
would have been a requirement, in order to learn mandarin.

KEN W KNOWLES, MD
Nassau,
January 31, 2008.

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THE TRIBUNE

THURSDAY, FEBRUARY 14, 2008, PAGE 5





Twenty-three —

weet” Will not step down at convention

on Abaco

m@ By DENISE
MAYCOCK
Tribune Freeport
Reporter
dmaycock@
tribunemedia.net

FREEPORT - Twenty-
three illegal immigrants
of various nationalities
were apprehended on the }
island of Abaco early this:
week. :

According to Chief
Supt Basil Rahming, two ;
separate groups were tak- }
en into custody by immi-
gration officials at Trea-
sure Cay on Monday.

A surveillance opera-
tion was conducted
around 10am when 20
persons, including nine
men and five women of
the Dominican Republic,
five Brazilians, and one
Ecuadorian, were discov-
ered hiding at the Trea-
sure Cay Resort and
Marina.

Mr Rahming said none
of the nationals was able
to produce documenta-
tion authorising them to
be in the Bahamas.

He said it is believed
that the group was
expecting to be smuggled
into the United States
from the Bahamas.

He reported that later
in the afternoon, immi-
gration officials also
apprehended three illegal
TTaitian nationals at
Treasure Ca °

The _roup, transported
to New Providence, is
detained ai the
Carmichael Road Deten-
tion Centre awaiting
repatriation.

















Christie indicates Cynthia Pratt

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

REMARKS made by leader
of the PLP Perry Christie yes-
terday indicate that Cynthia
Pratt, the deputy leader of the
party, will not step down from
the post at PLP’s convention
next week.

“What I am confirming is that
Mother Pratt — Mrs Pratt, the
deputy leader of the Progres-
sive Liberal Party — and Perry
Gladstone Christie will go into
the convention in our respective
positions. And we will expect,
obviously for ourselves, our
names to be placed in nomina-
tion, and that is where it stops,”
said Mr Christie at his party’s
headquarters at the formal
announcement of the PLPs 50th
convention.

“That is what we expect. For
me, speaking for both of us, I
expect, if our names are placed
in nomination that we will be
reelected to the positions of

leader and deputy leader with °

the full support of the parlia-
mentary group,” added the PLP
leader.

There has been widespread
speculation within and outside
the PLP about Mrs Pratt’s
future. Though she is well liked
within the party and the wider
community, inside sources sug-
gest that a change at the deputy
leader post will show much
needed renewal in the party at
the highest levels, following the
May 2, 2007 election loss.

Sources also argue that hand-
ing over the deputy post to the
person most likely to be the next
leader of the PLP at this con-

vention, will prepare the party °

and the country for a future
leadership transition.

Mrs Pratt announced last
week in an interview with The
Tribune that she will make a

’-'statement to her party and the

nation on her future at next
week’s convention.

“I’m going to still serve my
people. I gave them my word
and I will serve them, and I am
going to do that. The term, as I



“What I am confirming is
that Mother Pratt — Mrs Pratt,
the deputy leader of the
Progressive Liberal Party —
and Perry Gladstone Christie
will go into the convention
in our respective positions.”



PLP leader Perry Christie

said, I will discuss my future at
the convention when I make my
speech to the nation. But in the
terms of serving, I will serve my
people. I have given my word,
and I have to live by my word,”
she said.

Though it is unlikely that Mrs
Pratt will serve as deputy leader
of the PLP until the. next elec-
tion — which is likely to occur in
2012 = Mr Christie appears firm-
ly in control of the decision as to
when he will leave the leader-
ship post. And it appears more
and more probable that he will
run in the next general election
as PLP leader.

In an effort to end the public
questioning of his leadership,
Mr Christie’s parliamentary col-
leagues gave him a rousing pub-
lic endorsement on Sunday, in a
statement issued by Dr Bernard
Nottage.

“The parliamentary group of
the Progressive Liberal Party
was convened in a special pre-
convention conclave today, Sun-
day, February, 10, 2008 at San-
dals Resort. The meeting was
hosted by .. . Perry G Christie
MP, Leader of the Progressive
Liberal Party. During the meet-
ing, a number of issues were dis-
cussed, including a review of
election 2007; the upcoming
50th annual convention of 2008;
and the way forward for the par-
ty.
“All colleagues expressed
their views frankly and believe
that the Progressive Liberal Par-

ty continues to be the best hope
for the Bahamian people. We
are unanimous in the view that
the leadership of the PLP also
continues to be the best for the
Bahamas.”

This sort of *hail-ta-the chief’
posturing is what reportedly led
to the departure of Raynard
Rigby from his role as organiser
of the convention.

Mr Rigby is said to have
wished for the next week’s con-
vention to centre around analy-
sis of the factors that led to the
PLP’s election loss, and what
needs to be done to reform the
party. ‘

As he came to believe this
strategy was not the main inter-
est of the party’s leadership,
sources say Mr Rigby relin-
quished his organisational role
in the convention.

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PAGE 6, THURSDAY, FEBRUARY 14, 2008

THE TRIBUNE



Marina business poised for ‘unprecedented growth’

ePlan to form Bahamas Marina Operators Association

WITH experts predicting
that the marina business in the
Bahamas is poised for
“unprecedented growth” over
the coming years, a group of



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the nation’s leading marina
operators has come together
with the support of the
Bahamas Hotel Association
to facilitate the formation of





the Bahamas Marina Opera-
tors Association.

This joint effort led to the
upcoming Bahamas Marina
Operators Forum, to be held
on Monday, February 25 at
Old Bahama Bay, Gin Sur
Mer in West End, Grand
Bahama.

According to the organis-
ers, more than 50 marina
operators across the country
will formally meet to establish
the Marina Operators Asso-
ciation and to develop its busi-
ness plan.

The Bahamas Hotel Asso-
ciation (BHA), through its
Sustainable Tourism Manage-
ment and Marketing Project,
an initiative supported by the
Inter-American Development
Bank, is helping to formalise
the marina sector.

In the past year, the
Bahamas Hotel Association
has focused more closely on
this sector.

Frank Comito, executive

“The marina
sector has a
growing
importance to
our nation’s
tourism
industry. It
diversifies our
product
offering,
creates entirely
new business
and
employment
opportunities





Frank Comito



vice president of BHA,
explained that, “The marina
sector has a growing impor-
tance to-our nation’s tourism
industry.

“It diversifies our product
offering, creates entirely new
business and employment
opportunities for the Bahamas
and attracts a high-spend visi-
tor, who often opts to stay in
our hotels while in port.

“Already a number of BHA
member hotels have marinas

and some are considering
expansion or new marina
developments, all of which will
further strengthen our tourism
economy,” he said.

Carol Fulford, the editor of
Marina World Magazine iden-
tified the Bahamas as one of
the “hot spots” for marina
development around the
world at the 2007 Internation-
al Marine and Boatyard Con-
ference held in Atlanta.

The growth trend in the
country’s marina sector was
also emphasised in Soundings
Trade Only magazine, in its
article “Boaters flee maxed-
out South Florida for
Bahamas,” because of the
increasingly short supply of
slips in Florida.

The prediction is that more
boaters will turn to the
Bahamas for their ae
needs.

The upcoming forum will
allow the nation’s marina
operators to claim their place
as part of the lead association
that supports the sustainabili-
ty of the country’s marina sec-
tor through research, market-
ing, advocacy, training and
certification and ensures that
the sector is effectively posi-
tioned as a viable component
of the tourism economy as it
continues to grow.

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Gospel church building another housing subdivision

Mount Tabor Full Gospel Church has
announced that it is building another
housing subdivision.

The church said in a statement that
despite the announcement that tax
exemptions for first time low cost home
buyers have expired, ‘‘Bahamians still
have reason to smile and hope.”

“Ever mindful of its social responsi-
bilities; to lend a helping hand, while
helping countless Bahamians realise the
dream of owning a new home in a safe,

peaceful community, the Mt Tabor Full
Gospel Baptist Church is commissioning
yet another housing subdivision,” the
statement said.

Mt Tabor East Estate, just off Charles
Saunders Highway, “will afford anoth-
er group of Bahamians the opportunity
to turn the key into their own front
doors on Monday, February 18. The
opening ceremony is set for 1pm,” it
said.

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THE TRIBUNE

THURSDAY, FEBRUARY 14, 2008, PAGE 7



es Oa er eee ee ee
Christie announces PLP’s 50th convention

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



PLP Leader Perry Christie formally
announced his party’s 50th convention
yesterday at Gambier House declaring
it is still his view that the “overwhelm-
ing majority” of Bahamian people view
the PLP as the only party that can
address the country’s ills and bring
hope to people everywhere in the
Bahamas.

“This year 2008 will present many
challenges not only for our great party,

MP accuses Housing Minister

Opposition Leader hails strength of ‘our great party’

but for our country,” said Mr Christie
yesterday. “As a party, we will contin-
ue to restructure and to re-evaluate a
number of our policies. We need to
continue to be the party that reaches
out to the overwhelming majority of
Bahamians: The young, the not so
young and the elderly.”

The convention, under the theme
The Way Forward, will be held at the
Crystal Palace Resort and Casino Con-
vention Centre from February 20 to
23.

The three keynote speakers at the
night sessions of the convention, which
are open to the public, will be PLP
Deputy Leader Cynthia Pratt, Leader
of Opposition Business in the House of
Assembly Dr Bernard Nottage, and
PLP Leader Perry Christie.

Outgoing PLP Chairman Raynard
Rigby, who recently removed himself
from an active role in organizing the
event, will speak on the opening night
at the convention, according to West
End and Bimini MP Obie Wilchcombe.

of ‘political partisanship’

Griffin slams comments on Urban Renewal Programme

@ By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

MP MELANIE Griffin,
opposition spokeswoman on
social services, accused Minister
of Housing Kenneth Russell of
engaging in “political partisan-
ship” and blasted the minister’s
recent comments on the Urban
Renewal Programme.

In her stinging critique, Mrs
Griffin referred to a recent ZNS

social assistance with food, rent ,
and financial needs, and were
the catalysts behind the per-
sonal development, empower-
ment, parenting and behavioral
modification programmes for
children, young people, those
with disabilities, the elderly and
the unemployed, said the for-
mer minister of social services.
Under the direction of the
PLP, Urban Renewal sought
develop inner city communities

Since Mr Rigby’s decision to no
longer participate in this process over
differences in what should be the focus
of the event, Mr Christie has assumed
the role as convention chairman. Due
to a speaking obligation in Guyana on
Friday, he told the media yesterday

that Mr Wilchcombe will be assisting °

him with these duties.

Demonstrating a desire to confront
the PLP’s last loss at the polls, Mr
Christie said yesterday that he person-
ally will lead one of the closed morning




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sessions at the convention on the
lessons to be learned from the last elec-
tion.

“All of that is not to stay focused on
the past, but to build on how the party
ought to retool itself and if necessary
restructure various Organs of the party
to make it very relevant to the different
divisions that exist in our country,” he
said.

Some of the retooling may include
the use of modern political means of
analysis such as regular polling and the
use of focus groups, said Mr Christie
yesterday.

caanecescinig *








Caw Olu meomey. Wel

through the removal of derelict
vehicles, the demolition of
abandoned houses, clearing of
overgrown properties, repair of
homes, and the formation of
community associations that
fostered “the involvement of
residents in the community and
ensure(d) the sustainability of
the programme”, said Mrs Grif-
fin. Earlier in the month, Mr
Russell refuted claims that 40
Urban Renewal case workers
were fired from the programme.

He told parliament these
workers were transferred. After
a study on the re-organisation of
Urban Renewal, the case aides
were redeployed to Social Ser-
vices, the minister said.

The award-winning pro-
gramme is set to be re-launched
shortly with a few altered com-

interview during which Mr Rus-
sell was quoted as saying the
Urban Renewal Programme
“did not look at the whole man”
regarding “his community, his
social surroundings, every-
thing”.

According to Mrs Griffin,
these statements could not be
farther from the truth.

“If Mr Russell could get past
political partisanship and was
interested enough in really
knowing what Urban Renewal
was all about under the PLP,
he would have at his disposal
volumes of information as to
the work done in the communi-
ties to meet the-needs of the
whole an —his personal devel-
opment, that of his family ‘and

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claimed in a press statement
released to the. media yester-
day.

housing, through his public
utterances, has indicated his
total lack of knowledge of the
Urban Renewal Programme as
implemented by the former
administration.

“It is this lack of knowledge,
coupled with his disdain for any-





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PAGE 8, THURSDAY, FEBRUARY 14, 2008

THE TRIBUNE



Ne
Grand Bahama student wins

Florida peace poster contest



“We were happy because this
was the first time that a peace
poster has gone this far, espe-
cially from the Bahamas.”



Ken Saunders

COMMONWEALTH OF THE BAHAMAS 2007 /CLE/gen/0307

IN THE SUPREME COURT
Common Law and Equity Division

BETWEEN

COMMONWEALTH BANK LIMITED

Plainuff

- JACKSON M. GIBSON

Defendant

NOTICE OF ADJOURNED HEARING

TAKE NOTICE that the Summons filed
herein the 14", day of June A.D., 2007 which
was scheduled to be heard before the Deputy
Registrar Donna Newton in Chambers, 3”
Floor Ansbacher House, East Street North on
Friday the 8", day of February A.D., 2008 at
11:30 in the forenoon will now be heard on
Friday the 29% day of February A.D., 2008 at
12:00 in the after-noon.

Dated this 13th, day of February, A.D. 2008

GRAHAM, THOMPSON & CO
_ Chambers
Sassoon House
Shirley Street and Victoria Avenue
Nassau, Bahamas
Attorneys for the Plaintiff





MEMBER OF FLORIDA DIVISION
SOUTHEAST DISTRICT

@ BY DENISE MAYCOCK
Tribune Freeport
Reporter
dmaycock@tribunemedia.net

FREEPORT —- A Grand
Bahama student beat more than
5,000 entrants to win first place

in the ‘Peace Around the.

World’ poster contest in the
Florida.

Abel Abraham, a student at
St Paul’s Methodist College, is
the first Bahamian student to
be selected to represent the
Florida District in the grand
prize poster contest held by
Lions International.

He was recognised by the
Freeport Lions Club yesterday,
and Ken Saunders, peace poster

chairman for the Lion’s Sight

Programme, said Abel also did .

very well in the international
contest and was selected as one
of 23 merit award winners from
among around 350,000 entrants
from 70 countries around the
world.

Mr Saunders said that stu-
dents. from Grand Bahama
Catholic High, St Paul’s
Methodist College, and Lucaya
International School (LIS) were
invited by the club to partici-
pate in the local poster compe-
tition.

He said six students on Grand
Bahama: Abel Abraham,
Shaunte Basden from St Paul’s;
LIS students Alice Lefevre,
Rekia Albury and Erika Flusin,

and Antonia Dames of Catholic
High, were selected to partici-
pate in the Florida District con-
test following a local poster pre-
judging exercise held at the
Freeport’s Lion’s Club.

In September 2007, Lions
International launched a peace

poster campaign for students |

between the ages 11 and 13.

The grand prize winner last
year was Ming Yang, a 13-year-
old boy from Malaysia. He won
$2,500, along with an all
expense paid trip to New York
with two family members for
the awards ceremony, held on
Lions Day at the United
Nations.

As one of 23 merit award
winners, Abel will also receive a

cash award and a certificate of
merit from Lions Internation-
al.

His photograph and poster
will appear in Lion Magazine,
and on the organisation’s web-
site. When asked how he felt
about his achievement, Abel
said: “I feel good and I am
proud that I got.this far.

“J always loved art and I
hope that I will win the grand
prize next year.”

Mr Saunders added: “We
were happy because this was
the first time that a peace poster
has gone this far, especially
from the Bahamas. And his
merit award win at the interna-
tional contest was also a first
for the Florida District.”

Grand Bahama Power Company makes



donation to Beacon School pottery scheme

THE Grand Bahama Power Company -
has supported the Beacon School with yet
another donation towards its pottery pro-

gramme.

As part of their therapy and work skills
training, students at the school —
tures special needs children in the Grand
Bahama community — participate in the

school’s pottery programme.

It began in 1998 and has become an inte-
gral part of the school’s activities.

The Grand Bahama Power Company has
funded this programme since its inception,
when the company approached the Bea-
con School with the idea of funding a long-
term initiative geared toward improving
the quality of life for the students.

“I’m really very delighted and very grate-
ful that the Grand Bahama Power Com-
pany and the subsequent owners have
agreed to continue the tradition of sup-
porting our pottery programme,
con School principal Cheryl Wood.

which nur-

” said Bea-

plant and tend.

Bahama.

“Tf it was not for these funds, the school

could not continue with this programme or

keep it going.”

“When we initially started this pro-
gramme our children were just going to get
a feel for the clay” she said, “but we were
pleasantly surprised to see how many of
_ them had a natural affinity for pottery”.
Students in the programme make vases,



P.O. BOX N-3831 * NASSAU, N.P., THE BAHAMAS

www.iaap-sunnyislesbahamas.com

IMPORTANT NOTICE
EDUCATIONAL ASSISTANCE



Applications are invited from suitable candidates for consideration
for a one thousand ($1,000.00) dollar Scholarship Award (financial .
assistance ONLY) offered by the Sunny Isles Chapter of IAAP
tenable at the College of The Bahamas, or any other accredited
College or University within The Bahamas, commencing

September 2008.

The successful candidate will be required to pursue a course of
study leading to a Certificate, Diploma or Degree in Business

Studies.

Candidates should have successfully completed high school
education in The Commonwealth of The Bahamas, and should
preferably have attained BGCSE certificate(s) at grade ‘C’ or

higher in the relevant subjects.

Application forms may be obtained from:

‘Mrs Joyann Edgecombe OR
President, [AAP Sunny Isles Chapter

c/o Water & Sewerage Corporation
Thompson Boulevard

Nassau, The Bahamas

Ms Teresa Briggs

Advisor, IAAP Sunny Isles Chapter
c/o The Department of Immigration
Hawkins Hill

Nassau, The Bahamas

Application Deadline: Friday, 28 March, 2008 on or BEFORE 5:00PM

Inccmplete or late application forms will NOT be considered.

The Recipient will be named at our Annual Installation in June.

EXECUTIVE BOARD

Shornell Ellis
President-Elect

Joyann Edgecombe, CPS
President

Marsha Saunders
Assistant Treasurer

Kerrecia Nairn
Recording S retary

Shant Kerr
Vice President

Kay Francis-Kerr
Corresponding Secretary

Maxine Bullard
Treasurer

Teresa Briggs
Advisor



Grand Bahama.

oy
I

Ae

Ot CTC R errr UC

You can
realize
your
dream



OFFICIAL TOUR: E O Ferrel (above), CEO of
Grand Bahama Power Company, was given an
official tour of the Beacon School and all its
programmes for special-needs children. He is
seen here viewing the gardens that the students

SAMPLE OF BEACON SCHOOL POTTERY: Pic-
tured right are samples of the pottery work from
the students of the Beacon School in Grand

pots, dishes and other ceramic wares using
a pottery wheel and red clay found in east

Their creations have been sold at trade
shows.and to the local business community.

The programme Serves as a therapeutic
exercise for the students, all of whom strug-
gle with some physical disabilities.



Keen I Media

“It is what special education and com-
munity involvement is all about,” said Mrs

Wood, “when you can use pottery as occu-

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THE TRIBUNE

THURSDAY, FEBRUARY 14, 2008, PAGE 9





Women shine

@ By XAN-XI BETHEL

THE results of this year’s
Cacique Awards show that
women are continuing to make
strides in the tourism industry.

Topping the list of winners
were three women from Baha
Mar Resorts, who walked away
with top honours last week.

Sonia Thompson of the Crys-
tal Beach Club won the award
for Manager of the Year. Phyl-
lis Smith, a housekeeping
employee at the Sheraton, won
for Supervisor of the Year and
Tiffany Barton of the Black
Angus Restaurant in the Wyn-
dham Crystal Palace was named
Chef of the Year.

The women are all veterans
in the hospitality industry, hav-
ing begun their careers in
tourism upon leaving school.

They all cited a passion for
the job and a love of people as
the keys to their success. “You
must have that rapport with
people.” said Ms Thompson.

Sonia Thompson has been
employed in the hospitality
industry for the past 19 years.
Upon graduating from college
with a degree in marketing and
business, she took her first job
at Carnival’s Crystal Palace
Resort.

Over the years, she rose from
being an entree level employ-
ee, to a top manager at one of
the largest resorts in the

“HOVER GALE

Trio from Baha Mar Resorts top list of winners

IS

Bahamas. Ms Thompson attrib-
utes her success to diligence and
the “willingness to go the extra
mile.”

Phyllis Smith has a similar
success story. She has been
working in the tourism indus-
try for 29 years, beginning as a

room attendant in the house-

keeping department.

Today, she is a top supervisor
and the recipient of what to her
is a “lifetime achievement
award.”

“From senior school, I knew I
wanted to work with people. I



TIFFANY BARTON poses with officials after receiv-
ing her Cacique Award for Chef of the Year.

of hl

the

always knew that I would be
successful in the business.” she
said.

Tiffany Barton began her
career right out of high school.
She said that she always loved
to cook and is pleased with her
achievements in the 15 years
she has worked in the hospital-
ity business.

After studying at the
Bahamas Hotel Training Col-
lege, Ms Barton also took a job
at the Crystal Palace Resort,
where she worked as an appren-
tice chef.

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PHYLLIS SMITH is ecstatic as she holds her
award for Supervisor of the Year.

Three years after that, she
was named head cook and
today, she is a head chef at the



SONIA THOMPSON beams as she receives her
Cacique Award for Manager of the Year.

Baha Mar Resorts project,
which is redeveloping a string
of Cable Beach Resorts includ-



at Cacique Awards

ing the former Sheraton and
Crystal Palace hotels.

Forever ambitious, Ms Bar-
ton has her sights set on owning
a restaurant of her own.

She hopes to make this
dream a reality in the next three
to five years.

Ms Barton credits her family
for helping her to realise her
dreams and aspirations and
thanks them for staying with
her through the years.

She calls them her biggest
inspiration.

“They taught me to do every-
thing to the best of my ability,”
she said. The three women told
young people in the industry
that they should remain diligent
and not become discouraged.

“Do not be afraid of change —
but embrace it,” Sonia Thomp-
son said.

She said this is the only way
that the tourism industry — or
any industry or endeavor — can
succeed.

Local tourist attraction seeks

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e Management of daily operations as well as future

development.

e Background in business with prior experience in
supervising staff, strong organizational skills, and
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PAGE 10, THURSDAY, FEBRUARY 14, 2008

THE TRIBUNE





OCAL partici-
pants in year’s
Bahamas Kennel
Club all-breed dog
show will be facing some inter-
national competition, organis-
ers announced this week.
Dogs from the United States
and Canada will join Bahamas
dogs in competing for Best in
Breed prize and then the Best
in Show award.

BRING YOUR OL

The event is taking place on
Saturday, March 15 and Sun-
day, March 16 at the Nassau
Botanical Gardens.

The Show will feature dogs
in the working, sporting, non-
sporting, terrier, toy and herd-
ing groups.

According to the Kennel
Club, dogs in the sporting class
are naturally active and alert.
They make likable, well-round-
ed companions.

Me

LOCAL NEWS

US, Canadian dogs to compete

Event will feature terrier, working, herding, |
toy, sporting and non-sporting groups



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many of these breeds actively
continue to participate in hunt-
ing and other field activities,”
said the club in a statement.
“Potential owners of sporting
dogs need to realise that most
require regular, invigorating
exercise.”

Most hounds share the com-
mon ancestral trait of being
used for hunting. Some use
acute scent powers to follow a
trail.

Others demonstrate stamina
as they relentlessly run down
quarry.

| he club said that

beyond this, however,
generalisations about hounds
are hard to come by, since the

group encompasses quite a
diverse number of dogs. “There

. are Pharaoh Hounds, Norwe-

gian Elkhounds, Afghans and
Beagles, among others. Some
hounds share the distinct ability
to produce a unique sound
known as baying. You'd best
sample this sound before you
decide to get a hound of your
own to be sure it's your cup of
tea.”

Dogs of the working group
were bred to perform such jobs
as guarding property, pulling
sleds and performing water res-
cues.

“They have been invaluable
assets to man throughout the
ages. The Doberman Pinscher,

* Siberian Husky and Great Dane

are included in this group, to
name just a few. Quick to learn,
these intelligent, capable ani-
mals make solid companions.



Cattle Dog.

Their considerable dimensions
and strength alone, however,
make many working dogs
unsuitable as pets for average
families. And again, by virtue
of their size alone, these dogs

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LAUREN BROWN, age 13, handling Brazos River Running, an Australian

must be properly trained,” the
statement said.

Terriers are feisty, energetic
dogs whose sizes range from
fairly small, as in the Norfolk,
Cairn or West Highland White
Terrier, to the grand Airedale
terrier.

“Terriers typically have little
tolerance for other animals,
including other dogs. Their
ancestors were bred to hunt and
kill vermin. Many. continue to
project the attitude that they're
always eager fora spirited.argu-
ment,” said the. club. “Most ter-
tiers have wiry ’toats that
require special groomiig known
as stripping in order to main-
tain a characteristic appearance.
In general, they make engaging
pets, but require owners with
the determination to match
their dogs' lively characters.”

The club said the diminutive
size and winsome expressions
of toy dogs illustrate the main

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THE TRIBUNE

THURSDAY, FEBRUARY 1 4, 2008, PAGE 11



in Bahamas Kenne

FROM page ten

function of this group: “to
embody sheer delight”.

“Don't let their tiny stature
fool you, though — many toys
are tough as nails. If you haven't
yet experienced the barking of
an angry Chihuahua, for exam-
ple, well, just wait. Toy dogs
will always be popular with city
dwellers and people without
much living space. They make

sonality and overall appear-
ance.”

The herding group, created
in 1983, is the newest Ameri-
can Kennel Club (AKC) clas-
sification; its members were for-
merly members of the working
group. “All breeds share the
fabulous ability to control the
movement of other animals,”
explained the statement. “A
remarkable example is the low-
set Corgi, perhaps one foot tall

at the shoulders, that can drive
a herd of cows many times its
size to pasture by leaping and
nipping at their heels. The vast
majority of herding dogs, as
household pets, never cross
paths with a farm animal.
“Nevertheless, pure instinct
prompts many of these dogs to
gently herd their owners, espe-
cially the children of the family.
In general, these intelligent dogs
make excellent companions and

1 Club show

respond beautifully to training
exercises.”

The Bahamas Kennel Club
said the show is an excellent
opportunity to meet many
breeds of dogs and learn from
the experts just what dog might
be best for each family.

The show is sponsored by
Purina Dog Food, and repre-
sentatives will be on hand to
provide information on the
company’s products.

ideal apartment dogs and ter-
rific lap warmers on nippy
nights.”



on-sporting dogs are
a diverse group — stur-
dy animals with as different per-
sonalities and appearances as
the Chow Chow, Dalmatian,
French Bulldog, and Keeshond.
“Talk about differences in
size, coat, and visage! Some, like
the Schipperke and Tibetan
spaniel are uncommon sights in
the average neighborhood. Oth-
ers, however, like the Poodle
and Lhasa Apso, have quite a
large following.
The breeds in the non-sport-
ing group are a varied collec-
tion in terms of size, coat, per-







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following:

The Nassau Airport Development Company
(NAD) has-the mandate to operate, manage,
maintain and develop the Lynden Pindling
Intemational Airport, the fourth busiest airport
in the Caribbean, serving over 3 million
passengers.

1. Establishing and maintaining the primary
survey control that will be used for the
project.

2. Providing detailed survey information to the
With the design of the Phase I airport design team.
expansion planned to commence in February
2008, NAD is seeking a qualified local survey
firm experienced in construction surveying
and who is able to commit to an “as & when
required contract" for the duration of the
Project.’ The availability of Global Positioning
Satellites (GPS) equipment will be helpful.
Interested firms are requested to submit their
Expression of Interest (EOI) with resumes of
the personnel proposed for the work, previous
work experience, liability insurance coverage
carried by the firm andthe equipment available.
Selected firms will be requested to submit
their hourly rates for 2008 during the second
Request for Proposal (RFP) submission.

3. Providing quality assurance and monitoring
surveys.

4. Providing general site survey services.

This “as and when required” surveying work.
will be contracted with NAD. The successful
firm will be required to report to the Project
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to a maximum of
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THE TRIBUNE



Ret GLOBAL EWS Ot meme
Western Air: claims of —

impropriety called into
uestion in the House

®@ By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net



STATEMENTS by Golden
Gates MP Shane Gibson
alleging impropriety at West-
ern Air were called into ques-
tion in the House of Assembly
yesterday by Minister of
Tourism Neko Grant.

Last week, Mr Gibson made
headlines in The Tribune
when he claimed he knew of
several reports of impropri-
eties that were a “major con-
cern” for the airline.

Minister Grant tabled a let-
ter from the Department of
Civil Aviation, addressed to
Minister of State for Tourism
Branville McCartney on Feb-
ruary 11, which claimed there
was no basis for Mr Gibson’s
reported complaints.

“The facts are that former
minister Shane Gibson did
complain about the pilot of

. Western Air returning to

uplift fuel on the aircraft, with-
out explanation,” the letter
signed by Captain Patrick
Rolle says.

“He called the former min-
ister of transport and aviation
(Glenys) Hanna-Martin (who)
requested FSI to look into the
complaint by Mr Gibson.”

The letter continues, saying
that FSI did a fact check of
Western Air’s flight log for
the day in question and
“found no wrongdoing.”

Issues of pilot flying fatigue
never arose and the airlines’
records are inspected on a reg-
ular basis, the letter says.
Additionally, it said, this infor-
mation was communicated to
the then minister and the case
was Closed. . ,

Last week, Mr Gibson said



Neko enn

he knew of reports of pilots
flying longer hours than were
mandated and that the air-
line’s records were adjusted
to “manipulate the system.”

He said his cousin, Philip
Hanna, had complained to
him about flying long hours
that left him fatigued. ,

Yesterday Mr Grant ques-
tioned why this claim was res-
urrected in parliament, as Mr
Hanna has been dead for two
years.

“It’s unfortunate, (Mr Gib-
son), in speaking with his
cousin didn’t get some more
information. It is quite possi-
ble that the pilot, once he
would have taxied out, may
have determined that because
of weather conditions that he
required additional fuel, many
circumstances which could
have necessitated him return-
ing to the terminal.

“And what is indeed sad

)

Grant reacts to Shane Gibson statements |

about this, is that the member'
contacted his colleague who!
was the minister responsible!
for aviation at the time, two
years ago and he now brings it’
here, when his colleague got,
the information that Flight,
Standards provided us.with.” ,

To which Mr Gibson
replied, “Whether or not my:
cousin is not alive at the time;
— he has not been dead two
years — that is not the point.
The fact of the matter is he’
told me, he gave me this infor-!
mation and he was con-,
cerned.”

Last week, Mr Gibson also,
told parliament of an incident,
which he said he experienced;
while on a Western Air flight
to Grand Bahama.

Yesterday, he said: “(Min-
ister Grant) never denied:
what I said wasn’t true. All I’
know is that as a passenger I
was sitting on a plane, he him-'
self, the member for Lucaya
said they have minimal!
requirements for the amount
of fuel.

“My concern is, if you have,
these minimal requirements,
why do J need to taxi from the;
terminal, go to the runway,
then the pilot decides he:
realises he did not meet the:
minimal requirements?

“The fact remains the plane’
moved from the terminal
before it had the minimum!
amount of fuel required, so’
both of us are on the same’
accord, Mr Speaker, both of.
us are on the same accord.” ,

Mr Gibson also advised the,
Bahamian public to “stay
tuned” because additional.
information on Western: Air
would be forthcoming to ver-
ify his claims.

OV IAA RET L8 hs A Ha OUT A ik Se LEONE INE ps GE AN ar A

LOS ERIE ALES.

§
4


THE TRIBUNE

THURSDAY, FEBRUARY 14, 2008, PAGE 13



ew restrooms open at Lynden

Pindling International Airport

After months of construction
and refurbishing, two new state-
of-the art restrooms have
opened in the US departure
lounge at Lynden Pindling
International Airport.

Two refurbished restrooms
in the ticketing area of the US
terminal are also now fully func-
tioning. .

Airport officials said they
expect that up to four addition-
al restrooms will open to the
public this week in the immi-
gration.and international tick-
eting areas.

The poor condition of
restrooms at LPIA was a sore
point with passengers for many
years, but Peter Tynes, mainte-
nance project manager for Nas-
sau Airport Development Com-
pany (NAD) says those days
are now a thing of the past in
the improved areas.

“TI think we can confidently
say that we now have some of
the best restrooms on the
island,” he said.

According to Mr Tynes, the
new restrooms are designed in
neutral shades with colourful
accents and feature the most
modern amenities.

All fixtures are hands-free
including soap and towel dis-
pensers, hand blowers, taps, toi-
lets and urinals, so there is vir-
tually no need to touch
restroom surfaces.

Moms and dads will be
pleased to know that both male
and female washrooms feature
baby change tables.

In the newly constructed
restrooms, toilets are mounted
on the walls instead of the floors
to make the rooms easier to
clean.

In keeping with NAD’s “bar-
rier free” philosophy, large
handicap stalls are available in
all of the new washrooms.

As for the cleaning of the
restrooms, Janice Antonson, VP
of marketing for NAD, says the
company realises this will be
critical to the passenger experi-
ence.

“Our janitorial contract
includes detailed cleaning spec-
ifications for the washrooms












WY





SS Sema cee
An estimated 80 per cent of
all passenger traffic through

LPIA passes through the US
terminal.

and NAD has a regular quality
audit programme that oversees
all the cleaning in the termi-
nals.”

LENTING’S SPECIAL
ON CLARA § ZARA

Open Weekdays 10am-4pm

Saturdays 10am-2pm
Located On Ernest St Behind

The Outback Steakhouse
TELEPHONE: 242-394-4111

www.bahamashandprints.com





STATE-OF-THE-ART: Pictured right
is a dispenser at the airport
restrooms.



OPERATIONS AND MAINTENANCE MANAGER
TRANSMISSION & DISTRIBUTION (T & D) DEPARTMENT




The Grand Bahama Power Company, Limited invites qualified applicants to apply for the
position of Operations and Maintenance Manager in the Transmission & Distribution (T & D)




Department.








This position is responsible for managing the operations and maintenance aspects of the
T&D Department which includes financial resources, personnel and equipment used for the
installation and maintenance of the T&D system.






This position provides leadership to superintendents and supervisors who support the T&D
system operations, maintenance and improvement efforts; ensures that proper operations
and maintenance practices and standards are employed; proper documentation is kept of
modifications, inspections and other work performed on the T&D system; and that system
performance is optimized.








Applicants must have a Bachelor of Science Degree in Electrical or Electronics Engineering.
Applicants must also have a minimum of five (5) years at a project management level in the
planning or maintenance department of an electric utility or industrial facility.






The applicant must have good leadership skills, a sound understanding of computers and
their application and a good technical understanding of electrical systems.




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




THE DIRECTOR OF HUMAN RESOURCES
GRAND BAHAMA POWER COMPANY, LIMITED
PO. Box F-40888
Freeport, Grand Bahama Island, Bahamas

Email: hrdept@gb-power.com
Fax: (242) 351-8008

DEADLINE FOR RECEIPT OF APPLICATIONS IS:

FEBRUARY 21°, 2008 GRAND BAHAMA POWER COMPANY











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PAGE 14, THURSDAY, FEBRUARY 14, 2008

LOCAL NEWS ©

THE TRIBUNE



ojourner-| )ouglass (ollege

Accredited » Registered » Recognized + Serving The Bahamas since 1988

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FROM page one

“Too often, Mr Speaker,
when we hear a loud noise at
night, it is the sound of death
ringing out as a bullet that
ends up in the body of some
young man who thought him-
self invincible and indestruc-
tible,” said Dr Nottage.

“Too often strangers ter-
rorize homes at night where
mothers and children are
compelled to watch as their
husband or partner or father
is gunned down in horror.
That said, Mr Speaker; we
are living in very sad and
fearful times,” added Dr Not-
tage.

Last year, a record 79 mur-
ders were recorded. In addi-
tion to the dubious mark, the
2007 police crime report
reveals that rape increased
by 86 per cent, attempted
rape increased by 52 per cent,
armed robbery increased by
49 per cent and burglary
increased by 43 per cent from
the national figures in 2006.

The parliamentary select
committee, which will be
comprised of members of
both political parties, has the
power to send for papers and
people in its deliberation.

The process, if taken seri-
ously by the political parties,
can scrutinize public officials
involved in various parts of
the process of crime fighting
and the justice system.

Presumably, some findings
will ultimately be submitted










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objected to the accused being granted bail, point-
ing out that the offence falls under Part C of the

Accounting - Business Administration - Information Systems Administration Bail Act. :
| Counsel for the 16-year-old accused asked why,
| / oe given the circumstances of the case, his client
| Call Us Today! had not been charged with manslaughter. Mr
\ 394-8570 or Fax 394-8623 Murrio Ducille argued that denying a person bail
Ss is not intended as punishment, but merely seeks

to ensure the attendance of that person at trial.

to the full House, which may
include recommendations to

combat the escalating rate of.

violence in the country.

In her seconding of the
motion to create the select
committee, Englerston MP
Glenys Hanna-Martin
expressed concern over the
response of the Parliament
to the shocking rate of vio-
lence in the country.

“Mr Speaker, we are in the
midst of a crisis. But I fear
that we are not seeing it as
such,” she said.

Mrs Hanna-Martin point-
ed to the public riots that
have occur in various part of
the country, such as the
recent event in Bimini, and
past events in Nassau Village,
along with recent reports of
running fights involving
school children in the streets
of New Providence, as evi-
dence of the crisis she
described.

“And, I am not postulating
the causes or seeking to point
fingers anywhere, but we
cannot ignore the facts or
sweep them under the car-
pet. We do so at our own
peril. Because in my view,
these are serious warning
signs of something greater
and very bleak in this coun-
try, Mr Speaker,” said Mrs
Hanna-Martin.

Branville McCartney, Min-
ister of State for Tourism,
who led off debate on the
motion from the governmen-
t’s side, said he admires the
Opposition’s request to form

Govt and Opposition
to form a select
committee on crime

such a committee. But, Mr
McCartney argued that much
talk and debate has already
occurred on the topic, and
action, he said, is what is now
needed.

“Mr Speaker, the violence
and taking of lives has even
reached our children on our
school campuses. This is one
place where they should not
have to worry about violence
or the fear of violence,” he
said lamenting the killing of
Rico Farrington at CC
Sweeting High School earlier
this week.

Acknowledging that the
government has responsibili-
ty to act in the face of an
upsurge in crime, Mr
McCartney said that the pub-
lic must not look for quick
solutions, but rather must
understand that prevalence
of crime is a problem all
social partners must collec-
tively address.

“Every last one of us.
Every citizen, every resident;
every man, woman, boy and
girl must, must, take respon-
sibility,” ‘he said. “We must
all watch each other’s back,
We must take care of our
corner. Yes, we are indeed
our brother’s keeper. We
must ensure that we do not
harbour criminals in our
house; on our block, or any-
where in our neighbourhood.
This problem will not go-
away unless we, we, stop it:
All of us Mr Speaker, all of
us must work together to
stop it.”

| is refused bail

Mr Ducille submitted that there was nothing to
suggest that his client, who turned 16 last October,
was a flight risk. He also noted that his client

had no previous convictions. Mr Ducille also sub-
mitted that the fact that someone has been

charged with an offence is not synonymous with

guilt.

COMMONWEALTH OF THE BAHAMAS
IN THE SUPREME COURT

Chief Magistrate Gomez, however, denied the
bail application and ordered that the 16 year old
be remanded to Her Majesty's Prison.

The case was adjourned to May 20 and trans-
ferred to the juvenile court.

2007 / CLE/gen/0307

Common Law and Equity Division

BETWEEN

COMMONWEALTH BANK LIMITED

Plaintiff

JACKSON M. GIBSON

Defendant

NOTICE OF ADJOURNED HEARING

TAKE NOTICE that the Summons filed
herein the 14%, day of June A.D., 2007 which
was scheduled to be heard before the Deputy
Registrar Donna Newton in Chambers, 3"
Floor Ansbacher House, East Street North on
Friday the 8", day of February A.D., 2008 at
11:30 in the forenoon will now be heard on
Friday the 29 day of February A.D., 2008 at
12:00 in the after-noon.

Dated this 13th, day of February, A.D. 2008

GRAHAM, THOMPSON & CO
Chambers
Sassoon House
Shirley Street and Victoria Avenue
Nassau, Bahamas
Attorneys for the Plaintiff


THE TRIBUNE THURSDAY, FEBRUARY 14, 2008, PAGE 15








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PAGE 16, THURSDAY, FEBRUARY 14, 2008



FAR HRM

Re ae

THE TRIBUNE





FROM page one

source of the high level of anger,
frustration and social withdraw-
al which many Bahamians are
experiencing,” said the church
leader, adding that it is “clear”
that some lawyers are ‘‘abusing
the court's system for their own
benefits,” in the process “making
a killing off crime.”

He added that the Bar Council
“seems impotent and ineffective

Bishop Hall

whole so long as “the majority of
parliamentarians are lawyers.”

The senior pastor of the New
Covenant Baptist Church
described as “egregious” sce-
narios in which clients find them-
selves paying lawyers only to
appear for their court date and
find that their “‘busy lawyer” is in
another court representing a
“wealthier client.”

when one seeks redress against a
lawyer.’ He suggested that there
is likely to be little improvement
in the system and culture on the

Hitting out at the lack of the
provision of legal aid in the
Bahamas, Bishop Hall said that it
is also egregious that “money yet

|

Nassau Ai rt
een net

determines the quality of legal
service received in this fair land.
Check the scores of young men
on remand at Fox Hill Prison.”

“It is true that parents must
do more to keep their ‘good sow’
out of trouble in the first place —
but when any Bahamian gels in
trouble he/she ought to feel con-
fident that he/she will receive jus-
tice whether he/she can afford it
or not,” he said.

The Bishop noted that while a
National Commission was
formed to ‘put in place legal aid
on a national level” two years
ago, little has been heard of it
since.

POO

Nassau Airport Development Company (NAD) is seeking
bids for Construction services from suitably qualified local

Bahamian contractors to carry out the development of 9,
500 square feet of office space at the Lynden Pindling

International Airport.

Qualified contractors must:-

-Demonstrate an ability to obtain $1,000,000.00 liability

insurance

eT AE

-Provide evidence that all Government tax payments are

current

-Provide at least three references from owners of

projects in excess of $50,000.00

Bid packages can be obtained from the offices of NAD on
Tuesday 19th — Friday 22nd between the hours of 9am and

5pm.

A site visit has been arranged for 9am on Monday,
February 25th. Contractors wishing to participate are

asked to notify NAD of their intention no later than 5pm on
Friday, February 22nd at telephone number 702-1000.

The Deadline for submission of bids is 4:00pm on February

29th. Bid packages should be delivered to the NAD offices
no later than 4:00pm February 29th. All packages received 8

after this time will be returned unopened.

NAD reserves the right to reject any or all bids.

Computers
for as low as

Laing responds to
allegations of attempt
to contravene Bahamas
Custom’s Tariffs

FROM page one

complaint was made in writing
by his sister-in-law.

Mr Smith pressed further. He
asked whether the Customs
Department sought an opinion
from the international Customs
organization in Brussels on the
international designation of the
Monamy Berry drink, which Mr
Laing’s sister-in-law was import-
ing,

“Yes, Mr Speaker,” Mr Laing
answered, “the Customs
Department did in fact seek
advice from the World Customs
Union on the rate that should
be charged on that drink. I
might further note, Mr Speaker,
that the request to the World
Customs Union was made in
fact after the Customs Depart-
ment had determined to change
the rate and had, had the com-
plaint made by the individual
and after the Ministry of
Finance had inquired of the
Customs Department why the
rate was changed,” he said.

Mr Smith then asked for the
Minister of State, if possible, to
table a copy of the response
received from the International
Customs organization.

“Yes it can be done. I don’t
have it here today, but it cer-
tainly can be done. And I will
make a full statement on the
matter,” Mr Laing said.

Mr Smith then inquired if the
recommendation of the inter-
national customs agency was an
endorsement of what existed in
the Bahamas Tariff Act, and if
so, Who gave instructions to
ignore the endorsement, and
why.

“Mr Speaker, clearly the
Member wishes to have infor-
mation in respect to this mat-
ter and I believe in fairness a
full statement will be required
and I intend to make a full
statement in the matter,” Mr
Laing again responded.



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Mr Smith continued: “Would
the Minister of State for
Finance confirm or deny that
approval was given to the Rev-
enue Secyetary to direct the
Customs Department to ignore
the International designation of
Monamy Berry drink products
which place the same and other
similar products in the 45 per
cent customs duty category, but
to place the product under the
Tariff heading and fiscal num-
ber 20099090 which attracts
Customs Duty at 10 per cent?”

“Mr Speaker, no such direc-
tion was given to the Secretary
General,” Mr Laing replied.

Mr Smith: “Would the Min-
ister of State for Finance

explain why other juice
drinks such as Juice Bowl,
Fruita drinks, and Jumex Mex-
ican drinks, etc, went
unchanged?”

Mr Laing: “Mr Speaker,
when I intend to make a full
statement on the matter at that
time I will speak to the ques-
tion being raised.”

Mr Smith: “Will the Minister
of State for Finance inform the
Honourable House under which
law was the Comptroller of Cus-
toms authorized to alter or
change the Tariff Act without
the approval of Parliament?”

“Mr Speaker, [ intend to
make a full statement on the
matter,” Mr Laing said.

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THE TRIBUNE

THURSDAY, FEBRUARY 14, 2008, PAGE 17



| 2 Cah eae ae ea
Murder convict is

sentenced to death

FROM page one

was convicted of Thompson's
murder on March 21, 2007.

The prosecution's case was
that Knowles, 35, had lured
Thompson to the isolated area
of the blue hole after stalking
him and an ex-girlfriend, then
stabbed him 15 times. The pros-
ecution had argued that the evi-
dence of the case showed pre-
meditation and planning, con-
sidering that Knowles had
secured the sheet, duct tape,
chains, locks, rope and block at
the scene in preparation for the
disposal of the body.

Before handing down her rul-
ing Senior Justice Anita Allen
noted that the process of deter-
mining the appropriate sen-
tence, particularly for the
offence of murder, was not an
easy one.

"This is a matter of life and
death and all life is precious,"
she said. ‘

In her ruling Senior Justice
Allen noted that she had con-
sidered the evidence of psychi-
atrist Dr Nelson Clarke, the
probation. officer Matrena
Carey, and the arguments and
submissions of counsel regard-
ing the circumstances of the
case, the personal circumstances
of the convict and the law rele-
vant to sentencing in such a
case.

Senior Justice Allen said she
found that Thompson's murder
was "a cold blooded and sav-

age attack on an unsuspecting
and unarmed victim."

"The convict showed a cal-
lous disregard for human life
and showed no mercy as he
stabbed his defenseless victim
over and over again," Senior
justice Allen said. :

Justice Allen also noted that
the killing was "deliberate, pre-
meditated and planned." Jus-
tice Allen said that the motive
for the killing in her view was
revenge because the deceased
had dared to have a relation-
ship with a woman with whom
Knowles at the time had just
ended a relationship. Justice
Allen referred to this as the
“dog in the manger syndrome”
observing that Knowles too had
moved on to another relation-
ship.

"The convict's actions of
telling two persons beforehand
that he was going to kill the



from people who are
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deceased and his confession to a
person after the killing, in my
view, showed unbelievable arro-
gance. Further he has shown
absolutely no remorse and
refuses to take responsibility for
his actions, " Justice Allen stat-
ed in her ruling.

"I am satisfied, beyond a rea-
sonable doubt, that this offence
deserves the imposition of the
most severe penalty for mur-
der, namely, the sentence of
death," Justice Allen said.

Knowles, who was represent-
ed by lawyer Romona Far-
quharson, showed no emotion
as the sentence was read to him.
Following the ruling he was
escorted out .of the courtroom
by police officers and into a
waiting police vehicle.

Appearing for the Crown
were Deputy Director of Public
Prosecutions Cheryl Grant -
Bethel and Stephanie Pintard.


















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PAGE 18, THURSDAY, FEBRUARY 14, 2008

THE TRIBUNE ©



In Colombia, US ambassador calls |

hostage-holding rebels ‘sick and weal |

m@ BOGOTA, Colombia

THE U.S. ambassador
condemned Colombia’s
main rebel group as “sick
and weak” on the fifth
anniversary Wednesday of
its seizure of three Ameri-
can military contractors on
a surveillance flight, accord-
ing to Associated Press.

“Abusing other human
beings is not the act of a
warrior or a soldier or a rev-
olutionary,” Ambassador
William Brownfield said in
the U.S. Embassy’s front
courtyard before some 500
fellow employees.

“Tt is the act of a sick and
weak institution,” he said,
directly addressing rebels of
the leftist Revolutionary
Armed Forces of Colombia,
or FARC. “You are not sol-
diers. You are not revolu-
tionaries.”

The FARC grabbed Marc
Gonsalves, Thomas Howes
and Keith Stansell after their

Fifth anniversary of seizure of three
American military contractors

plane made a forced landing
in rebel-held southern jun-
gles on Feb. 13, 2003, due to
engine trouble.

It has held them ever since
in jungle prisons and is offer-
ing to exchange with some
40 other high-value hostages
for hundreds of jailed rebels.

In an interview with The
Associated Press, Brown-
field said U.S. officials are
“searching for a solution on
every possible front, “
including gathering intelli-
gence on hostage where-
abouts with the close coop-
eration of Colombia, Wash-
ington’s top ally in Latin
America.

The U.S. State Depart-
ment in Washington issued
a statement that it was open
to “any credible initiative”
by foreign governments or

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individuals to secure the
telease of all hostages held
by the rebels.

The FARC released two
high-profile Colombian
hostages on Jan. 10, thanks
in large part to the interces-
sion of President Hugo
Chavez of Venezuela. It has
promised to release three
more, but has not mentioned
the U.S. contractors, who
were employed by Northrop
Grumman.

The ambassador was
asked whether he is open to
a solution engineered by
Chavez, who has expressed
sympathy for the FARC and
accused the United States of
seeking to overthrow and/or
assassinate him.

“Am I open to listening to
and hearing what other gov-
ernments, what other orga-



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The FARC, a largely peas-
ant army chiefly funded by
cocaine trafficking, has been
fighting since the early 1960s
for a more equitable distrib-
ution of wealth.

Brownfield joined Ameri-
can soldiers and airmen in
fatigues, DEA agents and
judicial investigators, jani-
tors and others who work at
the second-largest U.S.
embassy in a moment of
silence for the U.S. pilot,
Thomas Jannis, and Colom-
bian army sergeant, Luis
Cruz, who were shot and
killed by rebels after the
plane went down.

After a U.S. flag was
raised before a granite wall
bearing a huge yellow rib-
bon as the Star Spangled
Banner was sung, one of
Stansell’s 4-year-old twins
asked no one in particular:
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Argentina arrests
third retired officer
— for 1972 massacre

of guerrillas



| IBUENOS AIRES, Argentina

POLICE have arrested a retired navy captain wa::ted for tordl

ture and homicide in the killings of 16 leftist guerrillas in 1972, the
; State news agency said Wednesday, according to Associated
i Press.

Luis Emilio Sosa, 73, was captured Tuesday in the Argentine |

capital on the orders of a judge investigating the so-called

“Trelew Massacre,” the Telam news agency reported.
Two other retired naval offices were arrested Saturday: Ruben:

: Paccagnini, 81, who once headed the southern military base of
: Almirante Zar Trelew, and Emilio Del Real, 73, a frigate captain
: who allegedly was at the Aug. 22, 1972 shooting of the guerrillas.

All three face charges of torture, homicide, attempted homi-

cide and illegal detentions.

Federal Judge Hugo Sastre, who is leading the investigation in

: the city of Rawson, had no comment as he prépared Wednesday
: for the initial court appearances by the other two suspects.

Local media reports said Sosa was flown early Wednesday to

? Rawson, but it was not known if he or Del Real had hired
: lawyers. A lawyer for Paccagnini told reporters his client was
? innocent, saying he was,on leave from the base when the deaths
? occurred.

The killings were preceded by an August 1972 jailbreak by 25

: leftist guerrillas from a penitentiary in Rawson in southern
: Argentina.

Six escaped guerrilla leaders boarded a plane and managed to

flee to Chile. Military forces captured the 19 others after sur-
: rounding them at an airport in neighboring Trelew, some 1,300
? kilometers (800 miles) south of Buenos Aires.

The 19 guerrillas were then transferred to the Almirante Zar

: naval base, where prosecutors allege they were machine-gunned
? in their cells.

Alberto Camps, Mary Berger and Ricardo Haidar survived the

attack, only to disappear during the 1976-1983 dictatorship.

Prosecutors contend that Sosa commanded the naval force

that took the guerrillas into custody.

Argentine in the 1970s was marked by surging leftist guerrilla

i violence and counterattacks by military forces and death squads
i as a prelude to a 1976 military coup. Nearly 13,000 people died
: or disappeared under the last dictatorship. Human oes groups
? put the toll closer to 30,000.

EY BY Elie
NP |

to manage multiple stores.
Applicant must have retail

management experience.
If interested, please submit
your application to
P.O. Box N 3009
Nassau Bahamas
or fax to 326-0570
or application may also be
hand delivered to
GR Sweeting’s Head Office.

COMMONWEALTH OF THE BAHAMAS 2007 /CLE/gen/0096 f
IN THE SUPREME COURT

Common Law and Equity Division

BETWEEN

COMMONWEALTH BANK LIMITED |

DOME ANAS AWME HEP ALL

Plaintiff

WILFRED A. TINKER

~~ TAKE NOTICE that the Summons
filed herein the 14, day of June A.D.,
2007 which was scheduled to be heard
before the Deputy Registrar Donna Newton’
in Chambers, 3 Floor Ansbacher House, f
East Street North on Friday the 8", day
of February A.D., 2008 at 12:00 in the
afternoon will now be heard on Friday the
29% day of February A.D., 2008 at 12:30
in the after-noon.

NOTICE OF ADJOURNED HEARING F

Dated this 13th, day of February, A.D. 2008

GRAHAM, THOMPSON & CO
Chambers
Sassoon House
Shirley Street and Victoria Avenue
Nassau, Bahamas
Attorneys for the Plaintiff
THE TRIBUNE

THURSDAY, FEBRUARY 14, 2008, PAGE 19



wae



Heribert Proepper, Pool/AP

JOURNALISTS ATTEND the trial of 33-year-old Jordanian man ThaerAlhalah, who faces charges of founding

a terrorist organization abroad, at the higher regional court in Schleswig, Germany, Wednesday, Feb. 13,
2008. The trial of a Jordanian man charged with co-founding a terrorist group that allegedly aimed to set up
a training camp in Sudan opens Wednesday, a month after an alleged accomplice was convicted on similar

charges.

Jordanian confesses to
terrorism charges as
trial opens in Germany

m@ SCHLESWIG, Germany

A JORDANIAN confessed
in a plea agreement to co-found-
ing a terrorist group, telling a
court as his trial opened
Wednesday that he participat-
ed in online discussions about
setting up a training camp in
Sudan; according to Associated
Press.

: Thaer. Alhalah, 33, told the
Schleswig-Holstein state court
he had contact with other group
members through online chat
groups and telephone calls start-
ing in April 2006.

» Asked when the plans to start
a camp in Sudan took form,
Alhalah said: “They just devel-
oped.” :

. Speaking in Arabic through a
translator, he told the court that
jihad, or holy war, “for a Muslim
is self defense.”

_ “If someone attacks my coun-
try or my belongings with vio-
lénce, I am ready to defend my
country and my belongings with
weapons,” he said.

_ The confession to charges of
founding a terrorist organiza-

tion abroad was part of a’ plea:

deal that means Alhalah will be

sentenced at most to two years
in prison, compared to the’ legal
maximum of up to 10 years.
With the time he has already
served while awaiting trial and
German laws requiring only a
percentage of a sentence be

served, he will most likely be

freed and sent back to Jordan
in April, prosecutors said. °

Arrested

Born i. .uwait in 1974, Alha-
lah moved to Jordan in 1990,
then to Iraq in 1994 to attend
university in Baghdad. He spent
time living in Australia and
went back and forth to Jordan
before moving in 2005 to Swe-
den, where he was arrested last
year on a warrant from Ger-

many for his alleged involve-.

ment in forming the terrorist
group.

Prosecutors claim he found-
ed the group in June or July of
2006 along with four other peo-
ple. Among them was the
group’s alleged ringleader, 38-
year-old Redouane El Habhab,
a German of Moroccan heritage
who was convicted by the same

CHANEL

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Make an appointmen

PMR ed

court in January. El Habhab was
sentenced to five years and nine
months in prison; he is expected
to testify Thursday in Alhalah’s
trial.

A third suspected member,
identified only as Abdelali M.,
25, is also in detention pending
trial. The other two suspects
remain at large.

Federal prosecutors said the
group’s aim was to “build up a
front against the ‘crusaders’ in
Sudan and to carry out jihad by
committing serious crimes in
accordance with a call by Osama
bin Laden.”

Alhalah is accused of being
responsible for handling the
group’s finances and recruiting
new members. He told the court
he never had a specific task but
admitted later that he did end
up handling finances.

“I said that I would try to take
care of financial matters,” Alha-
lah said.

The group aimed to set up a
camp in Sudan to train volun-
teers “and thus to be prepared
for a guerrilla war expected by
the group,” prosecutors said,
without specifying a potential
target.

Bae:
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r Makeup Artist from February 14

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PAGE 20, THURSDAY, FEBRUARY 14, 2008 THE TRIBUNE

Pee eaiis your





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WYNDHAM
NASSAU RESORT

Kristaan Ingraham/BIS

DEPUTY Prime Minister and Minister of Foreign Affairs Brent Symonette welcomed Mark Johan Kroner, ambas-
sador designate of the Netherlands, during a courtesy call at the Ministry of Foreign Affairs. The meeting high-
lighted the common interests between the countries with regard to the United Nation principles of democ-
racy, the rule of law and peace. Mr Symonette pledged his ministry's support to the Netherlands at the UN
level and in other areas of mutual concern. The ambassador designate said he was delighted to have been
appointed to the Bahamas and promised to uphold the “excellent relationship” between the countries.



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THE TRIBUNE

TiWURSDAY, FEBRUARY 14, 2008, PAGE 21



| 5 INTERNATIONAL NEWS

Spielberg drops out
as adviser to the
Beijing Olympics

over Darfur dispute

@ By HELENE COOPER
c.2008 New York Times
News Service



WASHINGTON — The
movie director Steven Spielberg
said Tuesday that he was with-
drawing as an artistic adviser to
the 2008 Summer Olympics in
Beijing, after almost a year of try-
ing unsuccessfully to prod Presi-
dent Hu Jintao of China to do
more to try to end Sudan’s attacks
in the Darfur region.

Spielberg’s decision, and the
public way he announced it, is a
blow to China, which has said that
its relationship with Sudan should
not be linked to the Olympics,
which have become a source of
national pride.

In a statement sent to the Chi-
nese ambassador and the Beijing
Olympic committee on Tuesday,
Spielberg said that his “con-
science will not allow me to con-
tinue with business as usual.”

“Sudan’s government bears the
bulk of the responsibility for these
ongoing crimes but the interna-
tional community, and particu-
larly China, should be doing more
to end the continuing human suf-
fering there,” the statement said.
“China’s economic, military and
diplomatic ties to the government
of Sudan continue to provide it
with the opportunity and obliga-
tion to press for change.”

Responding to Spielberg’s
action, a spokesman at the Chi-
nese Embassy in Washington
said, “As the Darfur issue is nei-
ther an internal issue of China
nor is it caused by China, it is
completely unreasonable, irre-
sponsible and unfair to link the
two as one.”

Spielberg had written to Hu
about Darfur twice in the past 10
months, his spokesman said, tak-
ing China to task for its “silence”
while Sudan blocked the deploy-
ment of international peacekeep-
ers and expelled aid workers from
the region.

In September, Spielberg also
met with China’s special envoy
to Darfur at the Chinese mission
to the United Nations, said Spiel-
berg’s spokesman, Andy Spahn.

None of those efforts yielded
the results Spielberg wanted,
Spahn said. In the meantime,
Spielberg had come under
increasing pressure from activists
working on Darfur, including a
campaign by the actress Mia Far-
tow, to drop his association with
the Beijing Olympics.

After receiving word that Spiel-
berg had done just that, Farrow
was jubilant.

“His voice and all of the moral
authority it gives, used this way,
brings a shred of hope to Darfur,
and God knows, rations of hope
are meager at this time,” said Far-
row, a good-will ambassador for












the UNICEF who helped start a
campaign last year to label the
games in Beijing the “Genocide
Olympics.”

The actor Non Cheadle, a co-
founder of Not On Our Watch, a
Darfur advocacy group, said he
hoped that Spielberg’s actions
would force China to rethink its
position. “One guy like Steven in
a position like that is like 100 oth-
er guys,” he said. “Those are the
kinds of moves, that ifthey catch
fire, and other people think of
boycotting, or refraining, the
cumulative effect could be some-
thing that potentially could
change the calculation of that

this year!
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_ government.”

Spahn said Spielberg planned
to encourage others to do more to
pressure China on Darfur, but he
did not offer details. Activists said
they hoped to enlist help from
corporate sponsors of the
Olympics.

China has fought attempts to
link Darfur to the Olympics, but it
has also responded at times:to
the pressure.

Last year, shortly after Spiel-
berg’s first letter to Hu, China
dispatched a senior official to
Sudan to push the government to
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THE TRIBUNE

THURSDAY, FEBRUARY 14, 2008, PAGE 23



INTERNATIONAL NEWS

Australian Parliament |= © =

| 6 | cs ‘ 7
@ apologises for ‘indignity

and degradation’
inflicted on Aborigines

m@ CANBERRA, Australia

ABORIGINES organized
breakfast barbecues in the Out-
back, schools held assemblies
and giant TV screens went up
in state capitals as Australians
watched a live broadcast of
their government Wednesday
apologizing for policies that
degraded its indigenous peo-
ple, according to Associated
Press.

In a historic parliamentary
vote that supporters said would
open a new chapter in race
relations, lawmakers unani-
mously adopted Prime Minister
Kevin Rudd’s motion on behalf
of all Australians.

“We apologize for the laws
and policies of successive par-
liaments and governments that
have inflicted profound grief,
suffering and loss on these our
fellow Australians,” Rudd said
in Parliament, reading from the
motion.

The apology is directed at
tens of thousands of Aborig-
ines who were forcibly taken
from their families as children
under now abandoned assimi-
lation policies.

“For the pain, suffering and
hurt of these Stolen Genera-
tions, their descendants and for
their families left behind, we
say sorry,” the motion said.
“And for the indignity and
degradation thus inflicted on a
proud people and a proud cul-
ture, we Say sorry.”

Aborigines remain the coun-
try’s poorest and most disad-
vantaged group, and Rudd has
made improving their lives one
of his government’s top priori-
ties :

“This is a historic day,” said








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Lawmakers adopt the
prime minister's motion

Tom Calma, who gave the
Stolen Generations formal
response. “Today our leaders
across the political spectrum
have chosen dignity, hope and
respect as the guiding princi-
ples for the relationship with
our nation’s first people.”

In Parliament’s public gal-
leries and at gatherings large
and small around the country,
victims of the assimilation poli-
cies and their supporters lis-
tened intently as Rudd spoke.
Many wept quietly.

Traditional cleansing cere-
monies were held in Sydney’s
predominantly Aboriginal sub-
urb of Redfern before a crowd
watched events on a big screen.
Parents clutched children on
their knees.

Many waved Australian and
Aboriginal flags.

- “Sorry heals the heart and it
goes deep,” said Rhonda
Dixon-Grovenor, an Aborig-
ine among the crowd.

“This really means a big
thing to us — a weight that can
be lifted so that we can start
our healing.”

The apology ended years of
divisive debate and a decade
of refusals by the previous con-
servative government that lost
November’s elections.

In the Outback town of
Broome on the far northwest
coast, dozens gathered before
dawn to watch the speeches in
Canberra on television via a

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“I’m glad it’s come this far,”
local Aborigine Justin Howard
told Australian Broadcasting
Corp. “But it’s not going to
stop here, there is still going to
be that hurt.”

Rudd received a standing
ovation from lawmakers and
from scores of Aborigines and
other dignitaries who were
invited to Parliament to wit-
ness the event.

“It’s great to get behind what
the government’s trying to do;
bring black and white Aus-
tralians together,” said William
Murray, 17, one of more than
1,000 who gathered at two
giants screens outside Parlia-
ment.

Aboriginal classmate Cyril
Johnson, 17, also welcomed the
apology.

“It’s really good everyone
realizes now they did a bad job
in the old days and the apology
is really good,” Johnson said.

The apology places Australia
among a handful of nations
that have offered official apolo-
gies to oppressed minorities,
including Canada’s 1998 apol-
ogy to its native peoples, South
Africa’s 1992 expression of
regret for apartheid and the
U.S. Congress’ 1988 law apol-

“ ogizing to Japanese-Americans

for their internment during
World War II.

Aborigines lived mostly as
hunter-gatherers for tens of








thousands of years before
British colonial settlers landed
at what is now Sydney in 1788.

Today, there are: about
450,000 Aborigines in Aus-
tralia’s population of 21 mil-
lion. They are the country’s
poorest group, with the highest
rates of jailing, unemployment
and illiteracy. Their life
expectancy is 17 years shorter
than other Australians.

The debate about an apology
was spurred by a government
inquiry into policies that from
1910 until the 1970s resulted in
100,000 mostly mixed-blood
Aboriginal children being tak-
en from their parents under
state and federal laws based on
a premise that Aborigines were
dying out.

Most were deeply trauma-
tized by the loss of their fami-
lies and culture, the inquiry
concluded, naming them the
“Stolen Generations.” Its 1997
report recommended a formal
apology and reparations for the
victims.

Rudd ruled out compensa-
tion — a stance that helped
secure support for the apolo-
gy among the many Aus-
tralians who believe they
should not be held responsible
for past policies, no matter how
flawed.

He pledges instead to lift the
living standards of all Aborig-
ines, and on Tuesday outlined
bold targets for cutting infant
mortality, illiteracy and early
death rates among indigenous
people within a decade.

Aboriginal leaders generally
welcomed the apology, though
some said it was empty rhetoric
without addressing the issue of
compensation.



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PAGE 24, THURSDAY, FEBRUARY 14, 2008

THE TRIBUNE



INTERNATIONAL NEWS

London to raise its congestion
charge to punish gas guzzlers:

MLONDON

DRIVERS of gas-guzzling cars
will have to pay nearly $50 a day
to enter central London, triple
the current charge, while the
most fuel efficient vehicles will
get a free ride, the mayor said
Tuesday, according to Associated
Press.

Mayor Ken Livingstone, who
introduced the daily congestion
charge on trucks and cars enter-
ing central London in 2003 to cut
traffic and pollution, said the
change is primarily aimed at the
big cars owned by people in
wealthy parts of the capital.

The mayor, who has the power
to make the change without leg-

NYU
re
7 ANS

Si

islative approval, said it will go
into effect on Oct. 27. “The CO2
emissions from the most high-
powered 4x4s and sports cars can
be up to four times as great as
the least polluting cars,” he said.

Livingstone said that 17 per-
cent of the cars that visit central
London each day — or about
33,000 — will pay the $49 charge,
while 2 percent will go freg. The
remaining 81 percent — and
trucks — will continue to pay the
current $16 fee.

London’s congestion charge is
widely credited with reducing
traffic and changing commuting
patterns for the better in the cap-
ital.

Officials from other large cities

around the world have studied
the plan or discussed imitating
it.

Last month, New York State’s
traffic commission voted to rec-
ommend that New York City
charge drivers an $8 daily fee to
bring their cars into Manhattan
below 60th Street. That still
would require the approval the
State Legislature.

On Tuesday, groups such as

Greenpeace praised Living-
stone’s changes.

But Phil Popham, the manag-
ing director of Land Rover, said:
“We believe it will have immedi-
ate costs for our business, but
doubtful benefits from an envi-
ronmental perspective.”

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A VEHICLE enters the congestion charge zone in London, on Tuesday. London mayor Ken Livingstone has

announced that the highest polluting vehicles will pay a daily charge of 25 pounds ($49, euro34) to enter the
congestion charge zone. The new charges come into force on 27 October this year.

British campaigners call

for ban on ‘Mosquito’
devices used to drive

m LONDON

ENGLAND’S commissioner
for children and a civil liberties
group joined in a campaign
Tuesday to ban high-frequency
devices intended to drive away
kids who congregate outside
shops and in other areas, accord-
ing to Associated Press.

The so-called “Mosquito”
device emits high-frequency
noise that is audible — and
annoying — to young ears, but
generally not heard by people
over 20.

“This device is a quick fix that
does not tackle the root cause
of the problem and it is indis-
criminate,” English Children’s
Commissioner, Al\Aynsley-
Green said.

The campaigners claim that
about 3,500 of the electronic kid
repellents, made by a Welsh
company, are in use.

Aynsley-Green said in an
interview with British Broad-
casting Corp. radio that the

devices do not deal with the real
problem, which is that children
have no place to gather other
than on the streets.

“I think it is a powerful symp-
tom of what I call the malaise at
the heart of our society,” he said.
“I’m very concerned about what
I see to be an emerging gap
between the young and the old,
the fears, the intolerance, even
the hatred, of the older genera-
tion toward the young.”

Youth crime is a major con-
cern in Britain; according to the
crime prevention charity Nacro,
young people are responsible for
two-fifths of incidents of theft,
burglary, robbery and violence.

Fear of violent youth was
underlined this week by the con-
viction of a 19-year-old man, and
youths aged 17 and 16 for killing
a 47-year-old man who had con-
fronted them about their drunk-
en behavior.

Shami Chakrabarti, director
of the civil rights group Liber-
ty, supported the campaign

against the devices. “Imagine the
outcry if a device was introduced
that caused blanket discomfort
to people of one race or gender,
rather than to our kids,”
Chakrabarti said. “The Mosqui-
to has no place in a country that
values its children and seeks to
instill them with dignity and
respect.”

The Mosquito’s inventor,
Howard Stapleton, has called for
agreement about guidelines for
using the devices.

“We tell shopkeepers to use it
when they have a problem and I
would be more than happy to
introduce a contract which stip-
ulates to shopkeepers how it can
be used,” Stapleton was quoted
by the Western Mail newspaper
as saying.

“People talk about infringing
human rights but what about the
human rights of the shopkeeper
who is seeing his business col-
lapse because groups of unruly
teenagers are driving away his
customers?”



China targets Web sites

m BEWING

Seeking to ferret out online

games considered overly violent

or unhealthy, China has target-
ed illegal Web sites, computer
markets and Internet cafes as
part of a campaign to rein in
juvenile, crime, according to
Associated Press.

The crackdown, christened

“Operation For Tomorrow,” is

also aimed at Web sites offer-
ing unregistered playing plat-
forms or services for gamers that
can be downloaded, the official
Xinhua News Agency said Tues-
day.

The plan will “use the law to



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attack, investigate and prose-
cute ... to cleanse the environ-
ment in which young people are
raised and prevent and reduce
juvenile crime and illegal activ-
ity,” the report said.

China strictly monitors the
Internet for anti-government
speech and uncensored news
reports, but the report made no
mention of such content.

Xinhua said the plan espe-
cially targets school dropouts,
runaways, children of inmates,
and children left behind by par-
ents who have migrated for
work.

Unlicensed Internet cafes,
known as “black Web bars,” will

es te

NZIBY BAReBD S00ZO

suo



be closed down and supervision
will be tightened over legal
cafes, the report said.
Internet cafes have been
repeatedly targeted for breed-

ing juvenile crime and promot-

ing truancy, despite widely
ignored rules barring anyone
under 18 from admission.

Located in towns and small
cities throughout China, Inter-
net cafes mainly offer online
games that are popular among
young people.

Authorities have blamed the
cafes for Internet addiction and
for encouraging juvenile crime
as a way to earn money to play
online games.

Online pornography will also
be attacked under the crack-
down, the report said.

Government offices were
closed for the Lunar New Year
holiday Tuesday, and spokes-
men were unavailable for com-
ment.

The report carried the author-
ity of an official announcement
because it was posted on the
Web site of the Central Com-
mittee for Comprehensive Man-
agement of Public Security. Xin-
hua is state-owned and often
serves the function of proclaim-
ing official policies.

The committee is a high level
coordination and advisory body
for public security departments
under the central cabinet and
Communist Party Central Com-
mittee.

Enforcers will act under
guidelines adopted last year by
14 government departments,
including the Culture Ministry,
State Administration for Indus-
try and Commerce, Public Secu-
rity Ministry, and Information
Industry Ministry, the report
said.

Like most such measures, the
crackdown seeks to increase
government supervision and
control over services for vulner-
able groups.

While promoting government
shelters and other official ser-
vices, it will step-up supervision
over domestic and foreign char-
ity groups and other non-gov-
ernmental organizations, the
report said.
THURSDAY, FEBRUARY 14, 2008, PAGE 25

THURSDAYEVENING ~— FEBRUARY 14, 2008

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THE TRIBUNE

COMICS PAGE

rFAUE 20, 1MUNOVAT, FEDNUANY

14, 2UUS





CAESARS
HISTORY,
ISN'T HE?

I WAS AN IDIOT,
SAM! WHAT CAN I

SHELL BE SORRY IF SHE
TRIES To PASS ANOTHER
NOTE.

THAT DIRTY SUSIE DERKINS.










PSST...CALNIN! PASS
THIS SECRET NOTE TO
JESSICA, OKAY ?



woe EVER PO TO MAKE
Ef IT UP TO YOU?











TN
Cadi
* Fy

—





YES, O/RILEY TORE
UP YOUR LETTER OF
AGREEMENT--- YOURE
HOME FREE!

PACK UP TWO
CASES OF OUR
BEST CABERNET---
WE'RE LEAVING!

“DEAR JESSICA,

You KNOW WHAT I HATE
ABOUT CALVIN? HE'S A
SQUEALER ! SIGNED, SUSIE:

SS 2. 4

yield aA

TAKE THIS AWAY AND ~
sen i \N FRONT OF








I

STAYING IN NEW YORK,
BUT LUANN BEGGED ME
NOT TO LEAVE



| I HATE TO BE A PROBLEM
BUT I'M U=
BROKE.



“WHAT DOES MR.WILSON Do ALL NIGHT
WHEN REGULAR PEOPLE ARE SLEEPIN’2 v







[ {GOT A LOT OF PRESENTS
FOR CHRISTMAS, MR. B.





M












I THINK THIS CAP
L GOT FOR CHRISTMAS
1S PERFECT FOR
MY NEW TAKE-CHARGE
PERSONALITY/










No IN CRDER To
STAY IN BUSINESS,
YoU NEED To ATTRACT
NEW COSTONERS,
| WHICH MEANS WE

THE NERKLALEAD OF
TRE TOBACCO AND
ALCOHOL INDUSTRIES

To INNINTAIN,.A STEROY
FLOW OF INCOME

(





NEED To \

1 GUESS YOU WERE A GOOD
BOY ALL YEAR

RESPECT...SOLDIERS,
FIREFIGHTERS...
Oo








150 \'N CRING To FoLLON |



. SUST DURING THE
SHOPPING SEASON





DINERSIFY...
‘G




IT SANS THEY ARE
OPEN 24 HOURS A DAY,



ACROSS

1 Remove what may be piled untidily 1
outside the bus terminus (6)

7 Does such bowling call for 2
deodorants? (8) 3






8 Left by air for a favourite spot (4) 4

10 To fine leg? (6)

11 Painter who was sick of being in the :
police? (6) :

14. Aninterjection of huge emphasis (3) 8

16 Like something solid for my tea, 9
perhaps (5) n

17 One’s holiday may be in the balance B
(4)

19 Something cold a pupil’s unhappy 5
about (5) ; 18

21. It's commonplace not to allow a 19
successful conclusion (5) 20

22 After a time, ten may come from a
rubber tree (5) 21






23 One of those courtroom smoothies (4)
i O 26 Having had alot of fresh dates? (5) i
if 28 A lining to keep the kettle warm? (3)
ih N 29 Despot possibly ratty about a piece of a
f= news (6)
30 Being out about a quarter of an inch is 6
not bad (6) 7
31 Birds giving breathless cries? (4)
32 County whence everything may go to 28
the crown? (8)
33 A flier with a name as an artist (6) 30






CRYPTIC PUZZLE

DOWN

CARRACTER
ASSASSINATIONS

RUS

OPN beam oN

INAGE

DST OY URNERSM PRESS SYMACATE

CLINIC



HAVE A LOCK ON
THE VOOK 7

Maybe read about a horse being a
potential killer! (6)

Aim for an extra-terrestrial satellite (6)
Attractive change of rule (4)

Such a place maybe figures in a deal
(7)

She provides transport to Los Angeles
(5)

A girl accepts it in friendship (5)

Old ones have their convictions (4)

| see men’s hearts as cold and hard (3)
Persuaded to get part pickled (3)

The Spanish hold a grammatical article
as feminine (5)

The sickly boy weakened (5)

You might write one like a shot (5)
Held session one day (3)

The Continental kiss is without real
care (3)

There are ways bands can hide
unwanted information (3,4)

Grassy part of a clearing (3}

To be seen in a natural light (6)

Fair Isle maiden (4)

A county, part of London, actually near
Harrow (6)

A plant to keep for sale (5)

Try endlessly to sort out our mess in
“32 Across” (5)

A letter we get wrong is in the
minority (3)

When shot, will it run away? (4)












EASY PUZZLE






Yesterday’s cryptic solutions

17

Yesterday's easy solutions



So WHY vo THEY VOB









ACROSS: 1, Brush 6, A-to-ll 9, Heroine 10, Pla-I-n 11, Yarns
12, Boobli.e.)s 13, Best man 15, Pen 17, Army 18, Ad-Ml-re
19, Jerry 20, Cellar 22, B-od-e 24, Hal(-ted) 25, Curator
26, Stare 27, At sea 28, Fares 29, Art-is-an 30, G-runt 31,
Rall

DOWN: 2, Roller 3, Shifty 4, Hen 5, No-t on 6, An-ybo-dy
7, Teas(-e) 8, Longer 12, Baker 13, B-atch 14, Sm-all 15,
Pilot 16, Newer 18, Argue 19, Jam tart 21, Easter 22,
Banana 23, Do wel-L 25, Craig 26, Sean 28, Far









GVOSHNODO



ACROSS: 1, Stoop 6, Cobra 9, Rollmop 10, Knead 11,
Melon 12, Robin 13, Demoted 15, Get 17, Emir 18, Parade
19, Steal 20, Images 22, Tune 24, lan 25, Habitat 26,
Cabin 27, Pilot 28, Datum 29, Perched 30, Egged 31,
Never :

DOWN: 2, Tandem 3, Orator 4, Pod 5, Flood 6, Comical 7,
Open 8, Rooted 12, Rents 13, Debit 14, Milan 15, Gamut
16, Tenet 18, Pagan 19, Sedated 21, Making 22, Tirade 23,
Nature 25, Hitch 26, Cope 28, Den

Rel ABILITATION








Pa
eS a
| al

ie

nN
poe
mM

ACROSS

Package (6)

7 Particular (8)
8 Fog (4)

10 Card suit (6)
1 Profession (6)
14. Mesh (3)

16 Health worker (5)
17 Elderly (4)

19 Start (5)

21 Wading bird (5)
22. Disgusting (5)
23 Playthings (4)
26 More learned (5)
28 Barrier (3)

29 Iterate (6)

30 Sovereigns (6)
31 Paradise (4)
32 Decelerate (4,4)
33. Giggle (6)

Contract Bridge

By Steve Becker



Sherlock Holmes Expounds

East desler.
Both sides vulnerable.

NORTH
AJ
Â¥Q84
#KQ2
#KQ1093
WEST EAST
#1098643 472
VI975 ¥63
483 #109765
2 &J875
SOUTH
@KQ5
Â¥AK 102
@Al4
&A64
The bidding:
East South West North
Pass 2 NT Pass 7NT

Opening lead — ten of spades.

“Holmes,” said Watson, as he sat
dejectedly in his easy chair inscrib-
ing the hand shown, “I experienced
another crushing defeat at the club
today. As you know, I have been los-
ing steadily over the past fortnight,
though in all candor I must say I have
held :.:5 fair share of the cards.

“Alas, an evil scourge seems to
pursue me and, to add to my woes,
each time I am on the verge of a tn-
umph, an unexpected quirk of fate
conspires to deprive me of it. I find
that i hu-e.now-acquired-a defeatist
attitude at the table.”

The gréat/detective’s: deep-set



eyes twinkled as he reached for the
diagrammed deal. “Tell me of your
latest experience,” he said.

“I was South,” the doctor replied
sadly, “‘and quickly found myself in
seven notrump. I won the spade lead
with the ace and cashed three hearts,
learning that West held four to the
knave. When I next played the king
and a low club, to the ace, West
showed out, leaving me with only 12
tricks and no hope of a 13th. I was
extraordinarily unlucky to encounter
such a filthy le of the cards. The
odds must have been 20-to-1 in my
favor.”

“Alas, my dear friend,” said
Holmes, reaching for his pipe, “you
think but you do not reason. You
failed to explore fully all the aspects
of the hand. You should have cashed
the K-Q of spades after cashing the
K-Q-A of hearts. ‘

“Had you done so, you would
have learned that West started with
six spades and four hearts. When you
next led the ace and a low diamond
to the queen and West followed suit,
you would have established beyond
any doubt that West had at most one
club. You would therefore cash the
king of clubs, then lead the nine and
finesse against East’s knave with
xusolute certainty of success.”

“A remarkable analysis,
Holmes,” said the doctor, admiringly.

“Purely elementary, my dear
Watson,” the great detective replied.



ihe |
i

Pe, @
Gres




Da

THURSDAY, (|
FEB 14 .

AQUARIUS — Jan 21/Feb 18>»,
Follow-through is the key to locking”
in deals that can help you in your
career, Aquarius. Make sure yo *
your “Is and cross your “Ts as.
well — details are appreciated.

PISCES — Feb 19/Mar 20
Keep doing what you’ve been doing,
Pisces. You’re in an ideal position to
expand your skills, horizons and
earning power.

ARIES — Mar 21/Apr 20 __, ;
Everything you touch tums to gol 3
Aries. Make productive use of your /
resources, and you’ll attract much sup- *
port down’ the road. But, beware of
those who take advantage. :
TAURUS - Apr 21/May 21 =~)
Happy times are here, especially if ad
you are beginning a new romantic We
relationship, Taurus. Your connection

is now stronger than ever thanks to
your ability to speak openly.

GEMINI - May 22/Jun 21

Keep plugging away at projects,
Gemini. You'll find you must multi-

task this week, especially when some- spss
thing big arrives by midweek. Makea_ *
list, or have a game plan in mind.
CANCER - Jun 22/Jul 22 ‘
Your ability to concentrate will-not =
be very strong this week, Cancer).<
Friends can help you along and pre




at

=
oO é

w
w

clas

HOW many words of four letters or more can you
make from the letters shown here? In making a word,
each letter may be used once only. Each must contain
the centre letter and there must be at least one nine-
letter word. No plurals, or verb forms ending in “s”, no
words with initial capitals and no words with a hyphen
or apostrophe permitted. The first word of a phrase is
permitted (e.g. inkjet in inkjet printer).

TODAY'S TARGET

Good 15; very good 22; excellent 31 (or more).
Solution Monday. .

YESTE ROMA'S SOLUTION
ee adve cereal dan ean





















1

ny

nm
iE o

om
Oo .

31
a





orator |

aves
word
| orator _ |

public speaker



CHESS by Leonard Barden

Gawain Jones v Wang Yue,
UK v China, Liverpool 800
match 2007. The home

team lost the match 20-28



vide the guidance you need. Expéé?
big news by Thursday. th ees
LEO - Jul 23/Aug 23 _
This week will be hectic and ‘you
might feel stressed out and distragig dg
Leo. Spending long hours at Work” ~
will not help the situation, so seé\if
you can sneak out early one day.

VIRGO -— Aug 24/Sept 22
Unexpected glitches in a project are
set to arise on Tuesday, Virgo.
You'll be full of energy for most of
the week, so you’ll be able to tackle
the problem effortlessly.

LIBRA -— Sept 23/Oct 23
Money has been burning a hole in
your pocket, and you’re ready to
spend, Libra. Better keep that cash in
check a little while longer because
you'll soon need it.

SCORPIO -— Oct 24/Nov 22

You will make tremendous progress B

=e
in fulfilling goals you’ve set £02 Ba
yourself, Scorpio. You have moti¥asy) >
tion, power and resources on your’ if
side to get the job done right.

SAGITTARIUS — Nov 23/Dec 21
You'll be faced with delicate top-
ics this week, Sagittarius. Don’t
tiptoe around the issues. Get to
the heart of the situation, and be
honest about your feelings.

CAPRICORN - Dec 22/Jan 20
You don’t need any outside motiva-
tion to plow through your work —
you're naturally motivated. Afterward,
rest up, because change is in store for
you, Capricom.





al '
a q





DOWN i

i won ferevely (6 but Jones, 19, impressed

2 Scolded (6) with his combative play.

: ae (4) a Here his well-planned

in pigmen' :

5 Skinflint (5) Opening has netted two

6 Distress signal (5) pawns with what should

: fea have been a winning w a

. a a

12 Sprint (3) endgame. Now White . rs
13 Treatise (5) continued 1 Rg8+ Ke7 2 h4 me aE
i Neale seis when Black managed to : C . ey $s
ve blockade White’s passed victory. Can you spot the ae our Gare
20 Dety (i) pawnandholdout fora»: Young grandmaster missed? a 6
7 Oacene draw. The right plan would ao
23. Flair (6) have forced an early LEONARD BARDEN i
24 Portent (4) mi us
25. Sibling (6) =

26 Joint (5) ‘ee
27 Cutlery item (5) SL TSE oo Y
28 Failure (3) — ol Bk
30 Tear (4) :

Chess 8539: 1 Rq8+ Ke? 2 {6 +! Bxf6 (if Kxf6 3 Rxe8 or
Kd? 3 BESt) 3 Rely BeS 4 RxeSt! dxed 3 dé+! Kxd6 (or
Kd7 4 BfS+) 4 Rxe8 and White wins with his extra
bishop.
IHE | RIBUNE IMUROVAY, FEDRUAN! 14, CUUO FNUE er



Sy BRE a





ef
ee15 oz

O’s or
CHEESE

Carnation
410g








/

Xs








OTs OF OTHER SAVINGS
JUGHOUT THE STORE



















2/$5. es

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139 = .2/$5.

7 SAVE 78¢

, MAYO |

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READY CUT |

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AR 5 LB Reg. or Parboiled TOWEL HELLMAN’S | i

30 oz Regular | F









7 _ WAFERS WHEN YOU BUY 2 JUICES/| ae ae
: 227g SUGARFREE = gua ee a



DRINKS

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“11.5 oz Asst’d SUNSATIONS |

25 oz Asst’d |

DISH | |
LIQUID | |

VOORTMAN
a5





ig:

-qoi S/ E rT ¢ om 4 -
-1n0 Cc SD. 3.¢ & AV! c 2 30¢
Oo} 3 . ans’? b pitres



w | BASA 1 99 | :
st BASA (WITH LID) (WITH TRAY) |

sate

DISH |G@oâ„¢




LAUNDRY

NEW |



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De 2pin an CUTE BE gt CM, Rosetta or Sea Grapes ss Ay BO"
ct availability may differ for Grand Bahama _ fast: Reliable: Worldwide a seaicahaia
aie ETT Ee Bi LENNART RRR TATED TA ¥ NUGETAWREEZOANTASED


Baileys

Chocolate Cups Ltr.

Arbor Mist

Strawberry
White Zinfandel 750m!

Now

°6.1



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() Sangria 1.5 Ltr.

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Chardonnay 750mI

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THE TRIBUNE

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THE

oT TL
EVIE apm Ci

FM cp

Corporation

* Current liabilities
exceed assets by $50m
at 2006 year-end

* Corporation faces
$30m unfunded
pension liability

@ By NEIL HARTNELL i
Tribune Business Editor



AN ALMOST-$20 MIL- }
LION bailout by the Bahamian :
taxpayer helped the Water & :
Sewerage Corporation turn ;
what would have been a $19 :
million loss into a small six-fig-
ure profit for 2006, with its cur- :
rent liabilities exceeding cur- :
rent assets by more than $50 ;
million. i

Although the Corporation :
has not quite proven to be the :
drain on the Government and }
Bahamian taxpayer that its }
public counterparts have been, }
producing a total $73.222 mil- ;
lion loss over its 30-year exis- ;
tence, an average loss of $2.44 :
million per year, the ever- }
increasing subsidies it is :
demanding continue to eat-up :
valuable public funds. ;

The $19.8 million govern- :

SEE page 10B

THESE PRICES ARE INTENDED TO BE USED
AS A GUIDE ONLY, FOR CONFIRMATION
CHECK WITH YOUR NEAREST GAS STATION



























TRIBUNE




TERRE

SECTION B ¢ bus Cee eee race

SRG ‘pursuing diligently’
constitutional challenge

@ By NEIL HARTNELL
Tribune Business Editor

INDIGO Networks and its
parent, on Resource
Group (SRG) , are “pursuing
diligently” their constitutional
challenge to the Bahamas
Telecommunications Compa-
ny’s (BTC) cellular monopoly
and attempts to preserve its
‘monopoly’ status, their
attorney told The Tribune

BRUARY: 14:



Company’s president expresses hope that
recent rulings spell beginning of end for
BTC moves, resulting in ‘level playing field’
for Bahamas telecoms competition

yesterday.

Brian Moree, senior partner
at McKinney, Bancroft &
Hughes, said IndiGo and SRG
had filed their “first round of
evidence” with the Supreme
Court, and were now awaiting

replies from BTC and the sector
regulator, the Public Utilities
Commission (PUC)).

“The constitutional action is
being pursued diligently,” Mr
Moree told The Tribune. “The
first round of evidence has been

BORCO deal shows need

for a new cruise port

Chamber chief supports construction employment effects

@ By CARA
BRENNEN- BETHEL
Tribune Business
Reporter

The $900 million purchase of
the Bahamas Oil Refining Com-
pany ( BORCO) is welcome
news to the struggling Freeport
economy, the Grand Bahama
Chamber of Commerce presi-
dent told Tribune Business yes-
terday, although he said it again
showed the need for a new
cruise port and raised some
environmental standards con-
cerns.

Greg Moss, who heads his
own law firm, Moss & Associ-
ates, responding to the acquisi-
tion by First Reserve, said the
US private equity firm’s plans
for expansion boded well for
construction employment on
Grand Bahama.

“What I understand from
their business plan, although I
have not met with them per-
sonally, is that they want to cre-
ate a staging area for the ship-
ment of crude oil and petroleum
products,” he said.

“This will significantly change |

the existing refinery and the
storage location... so we wel-
come the increased economic
activity and employment in the
construction and day-to-day
operations that this will pro-
vide.”

Mr Moss did, however, point
out that with First Reserve’s
expansion plans for BORCO
he did have two points of con-
cern. The first was the poten-
tial environmental impact from
the increased oil transhipment











Construction Services



Quantity Surveying
Donetrotion: Menegetittn

TEE TR mnt
Consultants

veritasbah@ batelnet. bs

Chureh Street Plaza
#448 Shirley & Church Street
AOR Lt) On eer Ue U





OL PAR PP ED |



éy NEIL HARTNELL

certainly First
vibune Business Editor u

equity firm
dillion in
ma ee and














by insti re! onal
ch as pow



st
ey industry bat was
aid GOL} have beer

inital ladders for BOROO.







rev _, December 1. Ab the same time,
at old company,

+ and take tanks over a period of









Grand Bahama-based
age, bunkering and transi
ment facihty, questioned
December 1, 2007, date for,
takeover and deals’ closuny
te ee rebate, pa

One source told The Tri.
bune: “They [First Reserve}
appear to have reached sume
agrocient by which they
would take aver BORCO by








Abey Have agmeements with var-
Jous Companies and commit
ments from clients to come in ges







tme,~

Another contact involved tn
the BORCO sales process.
speaking on condition of

date given thas i¢ was olen
year-end for most compani
a convenient fms to add ny
assets to the balance sheet al



HOW The Tribune first revealed the BORCO purchase by First Reserve

in November 2007.

and storage volume at the site.

“We need to be very con-
scious of the environmental
aspects of this, so that there is
not any - or additional - envi-
ronmental degradation to the
water table,” he said.

Mr Moss added that the

AMAHTTNT AAT RCSA



Mey. scan.
hh everything oO small 9

re
ki
!

yy
@ 4

aad.

TANTRA UT

increased ‘physical infrastruc-
ture First Reserve is planning
for BORCO will change the
harbour’s appearance as it
relates to-cruise passengers.
He said that in its initial

SEE page 11

MATRA,
HATA TTATATT UATE TH

lje

exchanged,.and we are now
waiting for evidence in reply
from the PUC and BTC. That’s
where it stands.
“There are some open dis-
covery issues that have to be
addressed. All parties are work-
ing hard to get it to trial as soon
as possible, bearing in mind that
by any standards it is an
extremely important point
[case].”
’ IndiGo and SRG filed a sum-

mons last year seeking declara-

tory relief on constitutional

_ grounds, part of the company’s
' ongoing battle to carve out a

competitive niche for itself in



















@ By NEIL HARTNELL
Tribune Business Editor

losses.

million loss.

SEE page 14






Airport Authority gains
$13m taxpayer subsidy

THE Airport Authority produced a $43.638 million loss for
the Government and Bahamian taxpayer in the first seven
years since it was created, an average of more than $6 million per
year, with a $13 million subsidy required to cover its fiscal 2007

The financial statements for the Airport Authority’s 2007
financial year, tabled in the House of Assembly yesterday,
revealed that for the 12 months to June 30 last year, the entity
that owns Lynden Pindling International Airport (LPIA) sus-
tained a $19.569 million loss before the Government rode to the
rescue with a more than $13 million subsidy.

That dropped the Airport Authority’s net loss for fiscal 2007
to $6.534 million, an improvement on the previous year’s $8.844

For fiscal 2006, a government/taxpayer subsidy of just $4.328
million was required, but the Airport Authority’s financial
position again illustrates how government corporations and
agencies suck up valuable public funds that could be used to

Money Safe.
Money Fast.

Bank of The Bahamas

INTERNATIONAL

Ontine att

the Bahamian telecommunica-

tion sector amid BTC’s
attempts - assisted to some
extent by the previous adminis-
tration - to preserve-its privati-
sation value by limiting their
competitiveness.

The action targets the
Telecommunications Act and

SEE page 14






® Bank of The Bahamas

I N-ToER N A LT OaNgaga



- 7 b
wmMicronet.bs

Micronet

eee Bib sesincntaeg-tanal

¢

mt

56 Madeir a St.

yh.
b Prysn
ey *

orks
Pabedan
PAGE 2B, THURSDAY, FEBRUARY 14, 2008

THE TRIBUNE





Trust in your application

IN ORDER to provide trust
services, financial institutions in
the Bahamas must apply, under
the Banks and Trust Companies

Regulation Act 2000, to the Cen-
tral Bank of The Bahamas for a
trust license. This is in accor-
dance with the procedure out-

It's time to

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lined in the Bank and Trust
Companies (Licence Applica-
tion) Regulations.

There are generally two types

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of licences available to potential
licensees: an unrestricted/public
trust licence and a restricted
trust licence.

An unrestricted/public trust
licence is a licence issued to a
trust company, which is permit-
ted to carry on trust business
with members of the public. A
restricted trust licence is a
licence issued to a trust company
that is allowed to carry on busi-
ness for certain specified per-
sons, who are usually named in
the licence.

With regard to the beneficial
ownership of a trust company
with an unrestricted trust licence,
The Central Bank, as a matter of
policy, prefers that such institu-
tions be owned by a highly rep-
utable financial institution or a
well-established entity.

Alternatively, the Central
Bank requires that there be at
least five shareholders of high
net worth where the trust com-
pany is owned by individual per-
sons, notwithstanding the fact
that the minimum number of
shareholders required by law for
a trust company incorporated
under the Companies Act 1992
is two.

The ownership requirements
for a restricted trust licence may
be less than five individuals.

Principals supporting an appli-
cation for a trust licence,
whether unrestricted or restrict-
ed, will ordinarily be required
to attend an interview at the
Central Bank during the appli-
cation process, and should sub-
mit financial projections for the
proposed entity to cover a peri-
od of at least three years.

In order to expedite the appli-
cation and ensure proper com-
pliance with the regulations, it
is often recommended that the
principals - as promoters of the
proposed licensee - prepare a
letter to the Governor of The
Central Bank, outlining the rea-
sons for the trust licence and any
long-term plans or objectives
they have.

The minimum capital require-
ment for a public/unrestricted
trust licensee is $1 million, where
the applicant/trust company is
to be a wholly-owned subsidiary
of an existing financial institu-
tion. However, a higher mini-
mum ‘capital may be required,
based on the Central Bank's
review and assessment of the
promoters’ profile , the types of
proposed activities, and the vol-
ume of business projected for
the first three-year period.

Where the applicant /trust
company is to be owned by indi-
viduals (whether through a hold-
ing company or not), the mini-
mum capital requirement for an
unrestricted trust licence is $2
million.

The annual fees payable
under the Banks and Trust
Companies Regulation Act for

ublic trust companies are
$25,000. Please note that public

WALK
~ SATURDAY FEBRUARY 23, 2008
SEE REGISTRATION FORM INSIDE

FOR MORE INFORMATION CALL 327-0806 OR 225-4288

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trust companies are required to
increase their capitalisation to 5
per cent of total assets or 8 per
cent of risk assets, whichever is
greater, as their business grows.

Additionally, public trust
licensees are required to have
fidelity or bankers blanket bond
coverage of $1 million

The minimum capital require-
ment for a restricted trust
licensee is $100,000. However,
a higher level of minimum capi-
tal may be required, depending
on the factors listed in the pre-
vious paragraph. The annual
fees payable under the Banks
and Trust Companies Regula-
tion Act 2000 for restricted trust
companies are $2,500.

As mentioned previously, a
restricted or unrestricted trust
licensee must be a company
incorporated under the Compa-
nies Act 1992, since Interna-
tional Business Companies
(IBCs) are prohibited, under the
International Business Compa-
nies Act 2000 from engaging in
banking or trust business in the
Bahamas.

All applicants must provide
the following information for a
trust licence: ‘

1. The name of the trust com-
pany.

2. Address of the head office
or registered office. If the regis-
tered or head office is outside
the Bahamas, then applicants
must provide

(a) The address of the princi-
pal office in the Bahamas.

(b) The name of the officer
who is to be the trust company's
authorised agent in the Bahamas

(c) The name of the other offi-
cer who, in the absence of the
officer named as the authorised
agent, is to be the trust compa-
ny's authorised agent in the
Bahamas.

3. Financial year of the trust

company

4. The name, address,-and
professional qualifications of the
auditors, who must be based in
the Bahamas.

5. Full names, addresses and
nationalities of all of the share-
holders, and the number of
shares held by each shareholder.

Each shareholder will be
required to provide the follow-
ing information/documentation:

1. Two character references,
indicating the length (at least
five years) and nature of the
relationship (for example,per-
sonal or professional), and
knowledge of the educational
and employment history of the

individual.

2. Financial reference from a
bank with whom he has had a
relationship for at least five years

3. A detailed curriculum vitae

4. Personal financial statement

5. Police certificate

6. Audited f*nancial state-
ments for the past two years (if
the shareholder is a company).

7.. Names, addresses, and
nationalities of all persons who
are directors, officers, partners -
or managers.

8. Capital structure (as out-
lined above)

9. Name of all subsidiary com-
panies of the applicant, with the
addresses of their registered
office.

10. Copy of the act, charter,
Certificate of Incorporation,
Memorandum and Articles of
Association or Partnership
Agreement of the applicant/pro-
posed trust company, duly certi-
fied and authenticated by the
Registrar General for compa-
nies incorporated in the
Bahamas under the Companies
Act. In the case of a foreign ©
company, these documents must
be certified and authenticated
under the public seal of the .
country, state, or place of the
laws, under which the company
was incorporated.

Where the trust company is
an existing company, audited
financial statements for the pre-
ceding two years are required,
together with a statement of the
assets and liabilities at the end of
the month, prior to the submis-
sion of the application, certified
by a Director. or senior officer
of the company.

‘10. Statement of the capital of
any other company held, direct-
ly or indirectly, as an asset of
the applicant.

11. Details of the proposed
internal controls to be imple-
mented by the applicant.

12. Three-year financial pro-
jections incorporating a business
plans.

© 2007. Tyrone L. E.
Fitzgerald. All rights reserved.
NB: The information con-
tained in this article does not
constitute nor is it a substitute
for legal advice. Persons read-
ing this article and/or column,
generally, are encouraged to
seek the relevant legal advice
and assistance regarding issues
that may affect them and may
relate to the information pre-
sented.

Tyrone L. E. Fitzgerald is a
practising attorney in the
Chambers of Fitzgerald &
Fitzgerald. Should you have
any comments regarding this
article, you may contact Mr
Fitzgerald at Suite 212,
Lagoon Court Building, Olde
Towne Mall at Sandyport,
West Bay Stret, PO Box CB-
11173, Nassau, Bahamas or at
tyrone@tlefitzgeraldgroup.com

POSITION OF
THAT

A financial institution seeks an Accountant.
Candidates must have at least 3 years experience
in accounting in the financial industry with sound
knowledge of but not limited to:

Formulating budgets
Managing Accounts Receivables and

Payables

Preparation of monthly and annual
financial reports and statements
Preparation of bank reconciliations and
various general ledger accounts to the sub

ledgers

Co-ordinate the annual audit with external
auditors and preparation of the necessary

schedules

Preparing reports for the regulators
Must be a team player

Must possess people skills and be prepared
to interact with members

Minimum qualifications: AA in
Accounting

Calculates NIB, Vacations, Deductions, etc
Maintains Personnel Data
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February 18, 2008 to P.O. Box N-7544
wvww.isibahamas.com

Ish LBAHAMAS


- THE TRIBUNE



Renewable energy key as power prices rise 10% per year

@ By NEIL HARTNELL
Tribune Business Editor

WITH energy prices increas-

* ing at the rate of 10 per cent per

year, based on 10 year trends, and
energy demand on Eleuthera
increasing, it will become “more
and more difficult” to provide
electricity to the island using
existing fuels and infrastructure.

A report produced by Cape
Systems, part of the Cape
Eleuthera Institute, which works

’ to develop sustainable technolo-

gies for business and consumers,
outlined how Eleuthera could
become a model for the
Caribbean on sustainable ‘living
and renewable energy sources.
Produced as a prelude to the
Freedom 2030 conference on
renewable energy that the Cape
Eleuthera Institute hosted last
week, the report, entitled Ener-
gising Island Life, pointed out
that to supply Eleuthera’s existing
energy needs, the Bahamas Elec-

~ tricity Corporation’s (BEC) diesel

generators currently consume
10,000 gallons of fuel per day.
With this fuel costing around

- $2.50 at the time the report was
written, it effectively costs BEC ~

$25,000 a day to purchase fuel for
power generation on Eleuthera
alone.

The Cape Systems report said
these numbers meant that over
one year, BEC spent $9 million
on fuel alone to generate power
on Eleuthera, a figure that The
Tribune calculates to be about
$9.125 million per year.

The Energising Island Life
Report said: “All of that $9 mil-
lion leaves the country perma-
nently, draining the economy of
much-needed foreign reserves.

“In addition, approximately $1
million is spent each year on
maintenance of the diesel gener-
ators. As energy demand on
Eleuthera continues to soar with
growing development and local
wealth, and energy price escala-

tion continues at the current 10- ...

year trend of 10 per cent annual

escalation, these numbers will |










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grow substantially, making it
more and more difficult to pro-
vide this critical resource.”

As alternatives, the report sug-
gested solar and wind energy,
which it described as being in
“abundant” supply on Eleuthera,

“An investment in wind and
solar electricity generation of just
one half the annual cost of diesel
fuel, $4.5 million, would be able
to provide something on the
order of 10-20 per cent of elec-
tric generation, and would be a
fundamental aspect of branding
Eleuthera as an ‘eco-destina-
tion’,” the report said.

Cape Systems added that the
financing for alternative, renew-
able energy power generation
could come from private sector
investors and developers, with
BEC incurring no costs.

“Contrary to popular opinion,

allowing such customer-generated

power to come online (in con-
junction with some utility run pro-

. jects) will be more profitable for

the utility,” the report said.

“If five developers decide to
each invest $2 million in solar and
wind technologies, which many
on Eleuthera are. willing to do,
the utility would have essentially
obtained 5 megawatts of renew-
ably generated power for no cost
to them. This can be done very
profitably for the utility, while
also reducing customer prices and
increasing stability and power
quality.”

To make its vision a reality,
Cape Systems proposed creating

a five to six-man team to conduct
an island-wide study on
Eleuthera, with the aim of pro-
ducing a report on creating a
“totally unique, self-sufficient
island”,

Adding that it had already dis-
cussed the proposal with the
Inter-American Development
Bank (IDB), Cape Systems said
the study would cost $300,000 and
take nine months to complete,
with possible sources of financ-

ing including international agen-

cies, Eleuthera-based developers
and other private sources.
“There is a tremendous oppor-
tunity here for Eleuthera and the
Bahamas to do something never
done before,” the report said.
“The Bahamas can and should
be a model for the world, proving
that a small island nation can be
self-sufficient. This is both an eco-

nomic and national security issue

that will set Eleuthera and the
Bahamas as a leader in the
inevitable shift away from depen-
dence on fossil fuels...

“Not only does Eleuthera stand
to benefit from efficiency, renew-
able energy, recycling, ‘sustain-
able food production and other
pragmatic technologies, but the
use of these technologies in an
organised fashion can provide a
‘brand’ for eco-tourism that fun-
damentally distinguishes first
Eleuthera, and then the Bahamas,
as a different kind of destination
- a more responsible, more ethi-
cal, and more interesting vaca-
tion experience.”

Cashier

Small Retail Store specializing
in girls accessories is seeking a
Cashier with prior experience.

Please send resumes by e-mail

to

ecooke@coralwave.com
Phone: 394-7019



Deloitte.

Our client, a leading Bahamian public company, is seeking applications for the
position of Chief Financial Officer.

Job Objective:

To provide financial leadership to the company by managing its financial resources,
providing oversight of the accounting function, and maintaining appropriate relations
with investors and regulatory agencies. The CFO will report to the Chief Executive

Officer.

Primary Duties:

» Directs the organization’s financial planning and accounting practices

Directs the organization’s relationship with lending institutions, sharcholders
and the financial community

Oversees and directs treasury, budgeting, audit, tax, payroll, accounting,
purchasing, real estate and insurance activities for the organization

Directs the Corporate and Accounting Vice Presidents in providing and
directing procedures and systems necessary to maintain proper records and
to afford adequate accounting controls

Consolidates and directs all costs accounting procedures together with other
statistical and routine reports.

Directs and analyzes studies of general economic, business, and financial
conditions and their impact on the organization’s policies and operations

Knowledge

& Skills:

Candidates must meet the following criteria:
« A degree in Accounting or Finance and or a CPA, or equivalent required

" Three to five years experience in a healthcare setting preferred

« Excellent customer service, organizational, leadership and computer skills

required

=" Excellent written and oral communication skills

The position offers an attractive salary and benefits package, reflecting

the successful a:

pplicant’s experience and qualifications, including a pension

plan, medical, life, dental, vision, and life insurance coverage.

Qualified individuals should submit complete resumés including references before
February 29, 2008 to: ;

Mark E. Munnings
Partner
Deloitte & Touche
P. O. Box N-7120
Nassau, Bahamas
or

Email: mmunnings@ deloitte.com.bs

Deloitte.



EXCELLENT CAREER OPPORTUNITY EXI

THURSDAY, FEBRUARY 14, 2008, PAGE 3B



THE WESTIN

GRAND BAHAMA ISLAND

Grand Bahama Island

OUR LUCAYA
RESORT

OUR LUCAYA
Resort

|

STS FOR |

Assistant Financial Controller |
i
| $ i

The successful candidate will support the Director of Finance in the Fl

achievement of the division's goals and the maintenance of adequate ||

internal controls over all areas of hotel operations. Provide leadership
and coordination of all accounting and financial functions of the
company as designated by Director of finance. Establish) interpret
and analyze all accounting records and financial eete-aa( ine

|
Candidate should possess the following minimum requirements:

Excellent organization and communication skills as well:as strong
interpersonal, problem solving and customer service alle

Basic computational and budgetary analysis capabilities required.

Syn

Knowledgeable in computer programmes, Excel, Microsoft word, -

eRe loth |

i

Minimum of five years experience in a senior level
finance/accounting position in the hotel industry. :
A Bachelor's Degree in Accounting or related field is preferred.



toy 92 EKASZOAR P >



We offer exceptional pay and benefits.)
Résumés should be forwarded on or |
before February 29th, 2008 to:
ourlucayajobs@starwoodhotels.com
The Westin and Sheraton
Grand Bahama Island Our Lucaya Reso
P.O. Box F-42500
Freeport, Grand Bahama

HAMA on ik

RNASSAL, BAHAMAS! ert By |

CAREER OPPORTUNITY

Baha Mar Development Company Lid. seeks to hire a

Project/Construction Manager

The Project/Construction Manager is responsible for planning, organizing, supervising
and coordinating the work of consultants, contractors and sub-trades as required
for various projects. They must ensure that the projects meet design, budget,
schedule and quality requirements.

The successful applicant will be responsible for:

Qualifications include:

Please forward your curriculum vitae with salary requirements via e-mail to the

Ensuring the trade contractors are carrying out their work in accordance with
the Contract, including approved method statements and other approved Ee
documents relating to Health & Safety, environmental issues and quality. bs
Facilitating the work of the contractors, so far as possible, by ensuring the
necessary logistic arrangements are set up and operating

Interfacing between contractors

Recording the progress of work and valuation

Carrying out inspections with the contractor to verify that work is in accordance
with the approved standards.. Escort other parties, (Local Authority, Consultants,
Clients etc) as requested, to participate in inspections. .
Conducting or participating in site meetings as requested and provide written
records.

Creating and executing project work plans and revises as appropriate to meet
changing needs and requirement.

Identifying resources needed and assigns individual responsibilities
Managing day-to-day operational aspects of a project and scope

Minimizing exposure to risk

Managing project budget

Analyzing project cost

tt

&

Extensive knowledge of the general construction industry and the sub trades
Extensive knowledge of construction legal issues including contracts, liens,
labor standards, retainage and other related topics

Ability to perform project management duties for construction projects up to
$150,000,000 effectively and efficiently including but not limited to Budgeting.
Scheduling, QA, Submittals, etc

Ability to identify, troubleshoot and resolve problems on projects belore they
become major issues.

Ability to handle multiple tasks at the same time while maintaining attention
to detail

Ability to work in stressful situations

Ability to juggle departmental resources to meet deadlines

Ability to read and interpret financial reports

Ability to consistently prepare accurate cost estimates

Ability to successfully negotiate with owner’s, architects, cuginvers.
subcontractors and suppliers

Ensure Design and Budget is compatible.

Development of assigned Bid Packages

Excellent written and verbal communication skills

Mitigates team conflict and communication problems

Motivates team to work together in the most efficient manner

Human Resources Manager at hr@bahamar.com
or fax to (242) 677-9100 no later than February 21, 2008.

All responses will be held in the strictest confidence.


PAGE 4B, THURSDAY, FEBRUARY 14, 2008

THE TRIBUNE



MINISTRY OF WORKS & TRANSPORT

ELEUTHERA, HARBOUR ISLAND & CURRENT ISLAND ROAD
REHABILITATION PROJECTS

Request for Tenders

The Government of the Commonwealth of The Bahamas, through the Ministry of Works

& Transport , invites Tenders for each of the following six (6) road rehabilitation projects: |

a. Central Eleuthera Road Works
b. South Eleuthera Road Works
c. North Eleuthera Road Works
d. The Current Road Works

e. Current Island Road Works

f. Harbour Island Road Works

All interested parties are invited to collect Tender Documents, after specifying which
Tender Documents they are interested in AND payment of the Non-Refundable Fee of
Fifty Dollars ($50.00), for each Tender Document.

Payment may be made in the form of cash, certified cheque, bank draft or money order.
Certified cheques should be made payable to the “Public Treasury, Government of the
Commonwealth of The Bahamas”.

Tenderers can bid on one (1) or more of the tenders; if tenderers are successful in their
bid for more than one (1) contract, award of more than one (1) contract will be subject
to proof that the contractor has the capacity (financial and physical) and experience to
undertake multiple projects.

The Tender Documents are available from 12th February, 2008 between the hours of
10:00am and 4:30, Monday to Friday, from:

The Secretary

Civil Engineering Section

ist Floor East Wing

Ministry of Works and Transport

John F. Kennedy Drive

P.O.Box N-8156

Nassau, The Bahamas

Telephone: (242) 322-4830 Ext 4042

Fax: (242) 302-9770

Email: melanieroach@ bahamas. gov. bs

Please note that evidence of payment of the above-stated fee(s) must be provided prior to
release of any tender documents.

Tender Document must be fully completed in accordance with the instructions therein.

The original and three (3) copies of the completed Tender Document must be placed in a
sealed envelope clearly marked on the outside : Tender Document for Eleuthera,
Harbour Island & Current Island Road Rehabilitation Projects’? and deposited in the
Tender Box at the Ministry of Finance, Cecil Wallace Whitfield Building, West Bay St,
Nassau, The Bahamas, no later than 10:00am, on or before Tuesday, 26th February, 2008

Tenders are invited to be present for the Tender Opening on Tuesday 26th February, 2008,
when the Tenders’ Board meets at 10:00am

The Ministry of Works & Transport reserves the right to reject any or all Tenders. *
Signed

Colin Higgs
PERMANENT SECRETARY





















eS ei |
i |

vanced



Course Fee: $900.00
Total including all materials |
and registration.

| Location: Lignum Technologies |
| Harbor Bay Shopping Plaza
| East Bay Street
| Starting Date: February 23, 2008
| Days & Time: Saturdays from 9am-1pm.
.
Duration: 8 weeks

Registration begins today! The deadline for course
registrations is February 20, 2008. For more
information, please contact:



Candice Albury
Office Assistant/Training Coordinator
Email: candice@lignumtech.com
Phone: 393-2164, Fax: 394-4971







are
di



Seats















Operators to
form Marina

ators will formally establish a
Bahamas Marina Operators
Association and develop its busi-
ness plan when they meet at
Ginn’s Old Bahama Bay Resort
on February 25, 2008.

The driving force behind the
Association’s formation has

been the growth, both present
and future, that the Bahamian
marina industry is enjoying.

A Bahamas Marina Task
Force, featuring a group of this
nation’s leading marina opera-
tors, backed by the Bahamas
Hotel Association (BHA), came
together to facilitate the forma-

Ns ne cf if.
oe:

2006 Mercedes Benz CLS 500
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driven in Lyford Cay
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asking: $110,000

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Association

MORE than 50 marina oper- °

tion of a Bahamas Marina Oper-
ators Association.

The BHA, through its Sus-
tainable Tourism Management
and Marketing (STEMM) pro-
ject, an initiative supported by
the Inter-American Develop-
ment Bank (IDB), is helping to
formalise the marina sector. In
the past year, it has focused
more closely on the country’s:
marina sector. :

Frank Comito, the BHA’s
executive vice-president, said in
a statement: “The marina s2c-
tor has a growing importance to
our nation’s tourism industry. It
diversifies our product offering,
creates entirely new business
and employment opportunities
for the Bahamas, and attracts a
high-spending visitor, who often
opts to stay in our hotels while in
port.”

He added: “Already, a num-
ber of BHA member hotels have
marinas, and some are consid-
ering expansion or new marina
developments, all of which will
further strengthen ‘our tourism _
economy.” —

Marina trade magazines and
their journalists have described
the Bahamas as one of the “hot
spots” for marina development
around the world.

They expect boaters to
increasingly turn to the Bahamas
to meet their dockage needs
because Florida is “maxed out”
in terms of marina space and
dock slips.

The February 25 forum will
allow Bahamian marina opera-
tors to define their role as the
lead association that supports
the sustainability of this nation’s
marina sector through research,
marketing, advocacy, training
and certification.

It will ensure that this.sector is
effectively positioned as a viable
component of our tourism econ-
omy as it continues to grow.

Deloitte.

FINANCIAL CONTROLLER

Our client, a prestigious educational institution, is seeking applications
for the position of a Financial Controller.

JOB OBJECTIVE:

To provide financial leadership for the school by managing the financial
resources, supervising the accounting staff, and reporting to the Principal

and Board of Directors.

PRINCIPAL DUTIES & RESPONSIBILITIES

° Manage the financial affairs of the school

e Supervise the accounting department

e Ensure accurate and timely monthly, quarterly, and annual financial
reporting in accordance with International Financial Reporting

Standards

e Lead annual budget exercise
¢ Monitor and analyze monthly operating results against budget
e Coordinate annual audit process

e Manage the cash flow of the organization
¢ Review and evaluate internal controls and make recommendation

for improvement

e Any other related duties, as necessary

EDUCATION & EXPERIENCE REQUIRED

e A Bachelor’s degree or higher in Accounting or related Financial

field. Professional accounting designation ACCA, CA, or CPA.
e Seven to ten (7-10) years of experience in accounting.
e Ability to analyze financial data and prepare financial reports.
e Very strong oral and written communication skills
e Leadership, management, and direct supervision experience is

preferred.

e Public accounting experience is preferred.

e Bahamian citizen.

The position offers an attractive salary with a very good benefits
package, reflecting the successful applicant’s experience and

qualifications.

Qualified individuals should submit, by post or email, complete resumés,
including references before Feb 29, 2008 to the following person:

Mark E. Munnings
Partner
Deloitte & Touche
P. O. Box N-7120
Nassau, Bahamas

Email: mmunnings @ deloitte.com.bs

MM
THE TRIBUNE BUSINESS




NEW PROVIDENCE >

SANDYPORT Appraisal: $300,000.00
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
near the property. The property is located on Sandy Port Drive just on the —
bend before Governor’s Cay on the Southern Side of the road.










SHHSTSSHARASSTSHHSSTOCCHRHSVOOH

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

\ \ \\ ‘i 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 road 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.

SKRHSHVSSKRHOSHKISHVSHSHHSHTOHBOOHROOH



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
buildings comprising a completed unit
at the front of the property, a middie |
section consisting two town houses «<< a .
about 80% completed and designated “~~~ Be
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.
Directions: Take Carmichael Road heading West, turn onto Bacardi Road heading
South. Proceed past Millers Pond. Just before reaching Bacardi, turn Right onto
paved road just past the pond. Subject is located on the Right hand side of the road.

SHCHSPASHGSHRTOCRAHSHHSHTOAAHSRAOASO

LOT No. 21B FRASER ALLOTMENT
OFF SOLDIER ROAD

The subject property
_, consisting of 8,400
\) square feet is
\j developed with a
split leveled home
with 1925 square
feet of floor area on
< the ground floor, a
, porch area of 437
square feet and
: second floor area of
‘| 735 square feet. The



building is of sound construction and completed in its entirety. The
ground floor comprises 2 bedrooms, one bath, a kitchen, dining and
family room. The second floor comprises two bedrooms, one bath, living
and dining areas.

Directions to property: Heading East on Soldier Road, turn left onto first paved road
opposite Lowes Wholesale, 2nd to last house on the road with chain linked fence.

SLSEHPSHSHARNHSSHLHSHSSHLSSSSUPSS HASSLE

#46 TOBAGO CRESCENT
ELIZABETH ESTATES

ae *

Appraisal: $125,000.00

Lot 46 contains 5,000 sq. ft. The
property contains a 22 year old
single storey residence of 1,460
sq. ft of enclosed living space.
This includes three bedrooms,
two bathrooms, living, dining,
kitchen and laundry room.




even:

Directions: The subject property is located on the Western side of Tobago
Crescent, within six hundred feet southwest of Prince Charles Drive.

CAOROHHOOHDORSOEMOEHNOORDOONOOHDOH

FRASER ALLOTMENT Appraisal: $125,000.

Lot 46 contains 5,000 sq. ft.

The property contains a 22

year old single storey
residence of 1,460 sq. ft of
enclosed living. space. This
includes three bedrooms, two
bathrooms, living, dining,
kitchen and laundry room.

00

”




BR * % SI
Directions: The subject property is located on the Western side of Tobago

Crescent, within six hundred feet southwest of Prince Charles Drive.

POKROEROSSOOHHORHOSCDOOHROOBOORDE

FAITH AVENUE & CARMICHAEL ROAD —
Lot 1B - Appraisal: $286,000.00

The property is located near the
Faith Avenue and Carmichael Road
junction.

The neighbourhood consists of
Single Family, MultiFamily, and
Commercial Business. Located ;
thereon is an 18 year old single |
family dwelling consisting three §
bedrooms, two bathrooms, living, ~%«
dining, utility and storage rooms |
“| and kitchen.











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Appraisal: $303,000.00








FOR CONDITIONS OF SALE AND ANY ens INFORMATION CONTACT:

THURSDAY, FEBRUARY 14, 2008, PAGE 5B

INVESTMENT OPPORTUNITY

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NEW PROVIDENCE

Lot #12 DAISY MANOR Appraisal: $82,376.80 |
Subject property contains 5,979 sts es
sq ft. Situated thereon is a 14
year old single family residence
containing 773 sq ft of enclosed
living space. This includes two
bedrooms, one bathroom, living
and dining rooms, kitchen and
utility room.
Directions: Travelling west on Boyd Road, turn into Franklyn Avenue, |
turn right at the T-junction, turn left at the second T junction, house is |
the second property on the left white trimmed with burgandy.






HHOHRRORROHHRHOHHOEHROENRDORHOEHOOHD

Lot 1440 GOLDEN GATES 2

Located on this 6,000 square feet
property is split level single family
dwelling comprising four bedrooms,
two and a half bathrooms, living and |
dining rooms, kitchen and TV room.
Attached to the main. house are two

one bedroom apartments. ne

Appraisal $335,000.00 |





SOHC OHSHOSHHOSHSOHHHSSHEOHTOEHOTEND

SEABREEZE

Executive styled house which has
been converted into three units.
The first unit features an open
plan in the outer area consisting ;
of living, dining with sunken floor,
kitchen, and powder room. The |
inner area consists of three
bedrooms, three baths including a
master suit and master bath,
consisting of a large Jacuzzi,
shower and walk in closets.The second unit consists of two bedrooms, one
bath, living, dining, kitchen, office area. The third unit consists of an open
plan with kitchen, living, bedroom and a private bedroom.

Added features: Enclosed pool, central air condition, courtyard, and fenced
in patios.

Directions to property: Take Prince Charles heading east, turn at the light at the
intersection of Seabreeze and Prince Charles Drive, Golf Course Boulevard, take
third corner on the right, Bay Cedar Avenue then take second corner on left, Darling
Plum Grove, subject will be about the 5th property on the left.

FREEPORT i

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 |
2,800 square feet of living |
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
(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.

PSSSSSSRHSSHAHSSSSSEHLOSHSESSESLIECAVVORE

FAIRWAY MANOR CONDOMINIUM Appraisal: $73,000.00

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Appraisal $638,676.00









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Apartment 402, 2 bedrooms, 2 bathrooms.
Lot 4, Block GN, Edward Birch Court, Bahamian North

SHHSHSARSHARASHASHRHHMAOHSHHSSARTHRAOR

Lot 96 HUDSON ESTATES Appraisal: $116,190.00
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Located on this 72x102 feet property is a 16 years old single family
dwelling comprising 1,490 square feet of living space. This includes, a
living, dining and laundry room, kitchen, three bedrooms, two
bathrooms, a garage and entrance porch. ?

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PHILIP WHITE @ 502-3077 — E-mail philipwhite@scotiabank.com

|
|
| HARRY COLLIE @ 502-3034 — E-mail harry.collie@scotiabank.com or
|

356-3851 - send bids to P. O. Box N-7518 Rosetta Street, Nagsau, Bahamas,


PAGE OU, WIUMOUAI, PEDNUANY 14, ZUUG

INVESTMENT OPPORTUNITY














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 subject 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 approximately 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. 1 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.



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/ (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, fiascos 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.

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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 rock 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.





MISCELLANEOUS PROPERTIES



hic tAibUine DUGINcOD

TRIBUNE,
February 14th, 2008

LOT NO. #7, BOILING HOLE SUBDIVISION

All that piece parcel or lot of land and inprovements situated
on the Island of Eleuthera, North of Governor’s Harbour,
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 kitchen
with a gross floor area of approximately 1,474.20 sq. ft. and
covered porch area of approximately 164.70 sq. f.. this duplex
was built in accordance with the plan and specification as

4 approved, and at a standard that was acceptable to the Ministry
Of Public Works. This structure is in good condition. Each apartment could be rented at $800.00 per month. The
land is landscaped and planted with ficus trees, but needs some manicuring.

APPRAISAL: $153,521.00



LOT NO. 1490 GOLDEN GATES SECTION 2
All that lot of land having an area of 6,000 sq. ft.
being lot no. 1490 of the subdivision known and
designated as Golden Gates, the said subdivision
situated in the southwestern district of New
Providence, bahamas. This property is comprised
of a 25 yer old single family residence consisting of
approximately 2,480 sq. ft. of enclosed living space
with three bedrooms, three bathrooms, living, dining
rooms and kitchen. The land is on a grade and level,
however the site appears to be sufficiently elevated
to disallow the posibility of flooding during annual heavy rainy periods of the year. The grounds are fairly kept, ith improvements
including driveway, walkway and low shrubs. Yard is enclosed on one side wth a 5 foot chain linked fencing and a low cement
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, then
first left again after passing clico and pre-school. The subject house is the 6th house left painted green trimmed white.

Must Sell Lot No. 597
All that lot of land having an area of 3,200 sq ft, being lot 597
Melvern Road of the subdivision known as Yellow Elder Gardens,
the said subdivision is situated in the southern district of New
Providence Bahamas. This property is comprised of a 26 yr old
single family residence consisting of approximately 1,510 sq. ft
of enclosed living space, with 3-bedrooms including master bedroom,
2-bathrooms, living/dining room, kitchen and utility room. The
residence also consists of a front porch and two patios.

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. 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 Sth property
left situated between Zris Court and Richie Court, painted White trimmed yellow.





HAMILTON’S, LONG ISLAND
All that piece parcel or lot of land and improvements situated
in the settlement of Hamilton's in the Island of Long Island,
and comprising of approximately 13,547 sq. ft. and is elevated
approximately 7-8 ft above sea level. This site encompasses
a 35yr structure. A simple style home consisting of two
bedrooms, one bathroom, kitchen, living and dining room.
the home however is consisted of 2 separate constructions;
613.60 sq. ft of concrete construction and 624 sq. ft of wooden
construction all amenities are to the property such as electricity,
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 single story
house, 3 bedroom 2 bathroom, living room, dining area,
family room, kitchen, study, laundry and an entry porch.
Appraisal: $188,406.00

Heading west along Soldier Road take main entrance to
Kennedy Subdivision on the left, then take the 1st corner
on the left then 1st right, house is second on your right
with garage.





LOT NO. 382 WINTON MEADOWS

All that piece parcel or lot of land having an area of 8,300 sq. ft. being
lot No. 382 situated in the subdivision known as Winton Meadows, the
said subdivision situated in the Eastern District of the Island of New
Providence, Bahamas. This property is comprised of a 24 year old single
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, breakfast
wi gy qa} nook and kitchen downstairs. Climate control is provided by ducted

. ~___}_ central air conditioning, with air circulation enhanced by ceiling fans
and other amenities. Quality of construction: Average. Standard of
maintenance: Average. Effective age: seven years (7) the land is on flat terrain; however the site appears to be sufficiently elevated to
disallow the possibility of flooding under normal weather condition, including annual heavy rainy periods. The grounds are well kept,
with improvements including neatly maintained lawns with flowering trees, and a concrete garden/storage shed, which is located in the
backyard. The yard is enclosed along the sides with chain-link fencing, and concrete block walls that are topped with metal railings,

and metal gates at the front and back.

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, then 1st right. The subject house is the 2nd house on the left side painted beige trimmed white.



Investment Opportunity Must Sell Lot No. 217
Pinewood Gardens Subdivision
All that lot of land having an area of 5,000 sq ft, being Lot
No. 217 of the Subdivision known as Pinewood Gardens, the
said subdivision situated in the Southern District of New
Providence Bahamas. Located on this property is a structure
comprising of an approximately 20 yr old single family residence
consisting of 992 sq. ft of enclosed living space with 3-
bedrooms, 1-bathroom, living/dining rooms, kitchen, drive
way and walk way. The land is on a grade and level and
appears to be sufficiently efevated to disallow the possibility
of flooding. The grounds are fairly kept and yard is open.
Appraisal: $127,988.00

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

VACANT PROPERTIES

Lot No. 15, Block 10, Winton 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

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

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.
APPRAISAL: $51,421.00
This lot is vacant land and is located in the area known as “Mutton Fish Point”

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 thereon 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 approximately 44,714 sq. ft. this neighbourhood is zoned commercial/residential development and is quiet,
peaceful and has a topography of approximately 2 ft. with all utilities and services available.
APPRAISAL: $51,421.00



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 Ingraham’s
Pond and Eastwardly of North Palmetto Point, on the island of Eleuthera, one of the islands of the Commonwealth of the
Bahamas, and is bounded and abutting as follows:- on the north by Lot No. 3B and running thereon for a distance of (90)
ft; on the East by Lot No. 11B and running thereon for a distance of (100) ft; on the south by a 20’ wide road reservation
and running thereon (90) ft on the west by Lot No. 9B running thereon for a distance of (100) Ft, the said Lot is overgrown
with shrubs and is in close proximity of a white sandy beach. This neighborhood is zoned residential development and
is quiet and peaceful with a topography of approximately 50ft and because of this there is no danger of flooding. The area
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 improvements containing approximately 44,587 sq. ft. and designated “F”
‘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 bounded and
abutting as follows:- Northwardly by the land now or formerly the property of Coridon Limited, and running thereon for
a distance of 383.56 hundredth ft; southwardly by land now or formerly the property of Caridon Limited and running
thereon for a distance of 393-19 hundredth ft. eastwardly by the main Queen's Highway and running thereon for a distance
of 113.40 hundredth ft. westwardly by land now or formerly the property of Coridon Limited and running thereon for a
distance of 113.40 hundredth ft. this neighbourhood is zoned commercial/residential development and is quiet, peaceful
and has a topography of approximately 2 ft. with all utilities and services available.
APPRAISAL: $51,276.00

i mem eee MYMEL ML Um EL Clas
Philip White @ 502-3077 Bmail philio.white@scotiabank.com or Harry Collie @ 502-3034 ¢ email harry.collie@scotiabank.com ¢ Fax 356-3851



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FAMILY ISLANDS



Lot 67 Block 7
BAHAMIA WEST REPLAT

Located on this .30 of an acre
property is a newly built 1,900 .
square feet of living space single
family dwelling comprising an &&
entrance porch, four bedrooms, -
two bathrooms and kitchen; a
living, dining, powder and laundry
room with adequate closet and
storage space.

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BOSCHTSOHTSORRSSOKRTORTO KHOR BERTON BS

Lot 12 Block 13 Unit 2
GREENING GLADE
FREEPORT, GRAND BAHAMA

Located on this .35 of an acre |
property is a sixteen-year-old |
single family residence |
comprising four bedrooms, two |
bathrooms, living, dining, <>
storage, utility and laundry |
rooms; there is a foyer, kitchen |
and den. The total area of living |
space is 3,016 square feet. ‘

Appraisal: $254,355.00

RVSHRHSLHSSHRLSH TSHR SSTRVGHROHTOOBS

LOT 29 IMPERIAL PARK SUBDIVISION #2
FREEPORT, GRAND BAHAMA pppralval: sak 85.000.00

The size of the property.
is 90x100 or 9,000 sq
ft. Located thereon is as.
single storey single
family dwelling of .
* approximately 1,900 sq
ft. of living space.
Accommodations
include a front porch, a foyer, living and dining rooms, kitchen with
pantry, family room with utility closet, master bedroom with Jacuzzi
bathroom with an additional two bedrooms and two bathrooms.







SHOSeoseaeseasessveaveassaseevsee

Lot No. 37 BLOCK 33

CHURCHILL COURT, BAHAMIA MARINA

& BAHAMIA 4 SUBDIVISION, FREEPORT,

Appraisal: $337,000.00 |

GRAND BAHAMA



All that lot of land having an area of 16,533 sq. ft. Beilie lot No. 37 of t 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 fully 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.

LOT No. 13, BLOCK KN, UNIT 1
BAHAMIA NORTH SUBDIVISION Appraisal: $40,000.00

The property has an area of 13,027 square feet or .30 of an acre.

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
oe coreg hepsi eT sored The lot contains 20,580



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.







ABACO

PORTION OF MURPHY TOWN
CROWN ALLOTMENT, MURPHY TOWN, ABACO

The property is 89 x 100 ft
and rectangular in shape. The
land is elevated
approximately 15 ft above
road level and approximately
25 ft above sea_ level. |
Located on this property is a |
twenty-year-old three
bedroom, two bathroom,
living, dining, kitchen and inanary room house. The structure requires
much attention.

Appraisal: $75,000.00 |



PSRHSCRHSAEHHOEHRESHEHESSOERHOREOOEDO

EXUMA

DUPLEX IN LOT 6625
BAHAMA SOUND No. 8, EAST, EXUMA

Trapezium shaped lot 35 ft.
above sea level 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



SPOHSOHSSCHSOSTSOCHFOREDEHSORZOEEDO

CASTELRAG ESTATES, LOTS 129 & 130
EXUMA HARBOUR SUBDIVISION Appraisal: $673,075.00

The subject property is located on
Kingway Road and is developed
with an area of 20,000 square feet.
Situated thereon is a residence <
comprised of 3,645 square feet of {\!};

living accommodations, inclusive whe:
of 4 bedrooms, 2 baths, with —
laundry and utility spaces and a
two bedroom one bath guest
cottage of 600 square feet. The
property is fenced with white
picket fencing and has a Gazebo at
the highest portion of the property. —




SHSMHRTOHHSSHHSEHRSERESHHSEHHSOH SEES

ELEUTHERA
NORTH PALMETTO POINT

All that piece parcel or fot 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 room,
dining room, kitchen, utility roam, and \ GG
beauty partfour {an additional 480 square teat),

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,





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“Enter Online Store” e Ik




FOR CONDITIONS OF SALE AND ANY OTHER INFORMATION CONTACT: |
HARRY COLLIE @ 502-3034 )
E-mail harry.collie@scotiabank.com ) :

, re) fos
PHILIP WHITE @ 502-3077 3
E-mail philipwhite@scotiabank.com
Fax: 356-3851 - send bids to P. O. Box N-7518 Rosetta Street, Nassau, Bahamas


PAGE 8B, IHURSVDAY, FEBRUARY 14, 2006 bee brie DUSINESS















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THURSDAY, FEBRUARY 14, 2008, PAGE 9B

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Ke & LIMOS) UO Olea Cle Harry Collie @ 502-3034 ® email harry.collie@scotiabank.com @ Fax Romi :
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12 02,

Lot No. 1056
Pinewood Gardens Subdivision




All that lot of land having an area of 5,000 sq ft,
being lot no. 1056 of the subdivision known as
Pinewood Gardens, the said subdivision situated
in the southern district of New providence
Bahamas. Located on this property is a structure
comprising of an approximately 10 yr old single
family residence consisting of approximately
1,205 sq. ft of enclosed living space with 3-
bedrooms with closets, 2-bathroom, linen closet,
living, dining rooms, kitchen and covered front porch. the land is slightly elevated to disallow 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, turn left
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 and best use. It
is ideally suited to single or multi-family development as is the nature of surrounding properties within the community. The
site may also serve well as a commercial site as the area remains un-zoned the property remains largely in its original state.
It is covered with low brush and broad leaf coppice vegetation intersperse with broad strands of mature Yellow Pine indigenous
to the area. The property is well drained and represents no immediate flooding danger under normal conditions.

APPRAISAL: $219,354.40

The subject property is vacant and is situated at the Southeastern entrance of the Community of Blackwood, Abaco. The
property is undivided and comprises approximately 6 acres of a larger tract of land of approximately 26 acres.

\

Lot B, Wilson Street, Rock Crusher

All that. lot of land having an area of 10,498 sq ft, being lot B, between the subdivision known as Rock Crusher |
and in the vicinity of Perpall Tract situated in the western district of New Providence, Bahamas. This property
is zoned multi family/single family. Also located on this property is a structure comprising of a duplex at
foundation level under construction, and consisting of approximately 1,566 sq. ft. of enclosed living space with
a patio consisting of 270, sq. ft. the starter bars are in place and foundation poured.



Appraisal: $97,214.00

Traveling West on Farrington Road take a right after the PL.P. headquarters, go about midways through
to Wilson Street, go though the cc:ner all the way to the dead end. The property is located behind the chain
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 Investment
Ltd., this is a single family zoning and 50 ft., above sea level. This site encompasses a foundation with plumbing
and roughing inplace and well compacked quarry fill. The concrete floor has not been poured as yet. The
foundation is 2,511 sq. ft. Lot #20 situated 1.5 miles east wardly of the Bluff Settlement. The said lot is vacant
and a hill over looking the Atlantic Ocean.

Appraisal: $41,275.00



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SALE STARTS .
MONDAY FEBRUARY 11TH - SATURDAY FEBRUARY 16TH, 2008
LOCATED: HARBOUR BAY SHOPPING CENTER

PH: 393-4440 OR 393-444

\
WN







Kelly's Team
Security Officers

Kelly’s is seeking mature, reliable, honest
and hardworking individuals to fill the
position of Security Officer.

Prospective candidates must be available to
work evening shifts. Past security experience
would be an asset. This position is ideal for

retired police or prison officers.

We offer a great group of people to work with,
excellent pay, benefits and working conditions.

Interested persons may collect an application

form from the Customer Service counter at
Kelly's Home Centre, Mall at Marathon.

No phone calls please

Tel: (242) 393.4002
Fax: (242) 393-4096

Wm Houses
S ome

Join Citibank, N.A.
Nassau, Bahamas, a
branch of Citi, the
largest financial
institution in the
world.



managing _ local/foreign

PAGE 10B, THURSDAY, FEBRUARY 14, 2008

THE TRIBUNE



Eo Sn Se
$20 million taxpayer bailout

saves Water Corporation

FROM page one

ment subsidy in 2006 helped pro-
pel the Corporation to a $779,241
profit, wiping out what would
have been a $19.021 million loss.

This compared to a $3.108 mil-
lion loss the previous year, a per-
formance aided by another $15.5
million government subsidy,
which covered what would have
otherwise been an $18.608 mil-
lion loss.

For 2006, the Corporation’s
water revenues rose by 14.3 per
cent to $39.075 million, com-
pared to $34.197 million the pre-
vious year. Sewerage revenues
rose slightly, growing from $3.177

million in 2005 to $3.739 million

in 2006.

While the Corporation’s total
revenues for 2006 increased by
14.6 per cent to $42.813 million,
its operating expenses also grew
by 10.3 per cent to $51.407 mil-
lion, compared to $46.605 mil-
lion the year before.

This produced an $8.594 mil-
lion loss from operations, a slight
decline on 2005’s figure, but

when combined with just over
$7 million in depreciation, this
propelled the Corporation to a
$15.684 million loss for the 12
months to December 31, 2006.

On top of that, the Corpora-
tion incurred $4.392 million in
finance charges, relating to inter-
est payments on its pension
obligations, bank overdraft, long-
term debt and National Insur-
ance contribution arrears.

The Corporation’s financial
performance, and increasing
reliance on government subsi-
dies to cover heavy financial loss-
es, should stimulate healthy pub-
lic debate on how it moves for-
ward.

Questions need to be asked
on how the Corporation reduces
its losses and reliance on gov-
ernment subsidies; how it
increases its customer base

Treasury Head

ROLE RESPONSIBILITIES
Reporting to our Regional Treasury team,
responsible for developing and implementing strategies for
liability products.

currency

the position is

Key

responsibilities include marketing and quoting rates for corporate
foreign exchange contracts, money market instruments and

We invite outstanding
individuals, wanting to build a
career in Corporate Banking, to
be part of our dynamic global
team. You will interact with
colleagues from around the
Caribbean region and across the
organization globally, providing
treasury management to our
local team. In addition to a great
career, we offer a competitive
salary and. benefits. package....-|.

related financial,

derivative products and projecting liquidity and rate trends. The
role is also focused on risk management through monitoring
liquidity and foreign exposure, ensuring compliance with legal,
regulatory, and internal policy requirements, and, managing ratios
and reserves. Additional responsibilities include overseeing all
regulatory and management performance
reporting, and, supervising and training support staff.

KNOWLEDGE/ SKILLS REQUIRED

Candidates must possess a Bachelor's degree ‘in Economics,
Accounting or Finance, and, a minimum of 5 years Treasury
‘experience with a major commercial’ and/or investment bank; a

Chartered Accountant or CFA designation preferred. Excellent

Interested candidates should
forward a copy of their resume
by February 22, 2008 to: Human
Resources, P.O. Box N-1576,
Nassau, Bahamas OR Fax:
(242) 302-8779 OR Email:

janice.gibson@citi.com

Challenge

marketing/sales, analytical,’ communication, and_ interpersonal
skills, combined with a results orientation and an ability to build
relationships, will round out the ideal candidate. Some travel is
required.

yourself to a career like no other





' Some conditions apply. Rates subject to change
* Trademarks of The Bank of Nova Scotia,
trademarks used under license and control of The Bank of Nova Scotia

The Scotiabank Rate Booster Deposit

Combines the higher interest rates of a longer term
investment with the flexibility of a short term deposit.

f Your interest rate increases twice during the term of your investment,
so your money is guaranteed to grow faster! Plus you have access to

your money at two set dates within the term of your deposit, giving
you penalty free access to your money. *



Visit your nearest Scotiabank branch today.





MTS Te Tela a

Life. Money. Balance both: . |











beyond 40 per cent of the New
Providence market; how the
build-out of its Family Island
infrastructure can be financed;
its proper role going forward;
and whether it should be a prof-
it-making or ‘break-even’ entity
whose importance lies in provid-
ing vital national infrastructure
and service.

On a gloomy, yet realistic note,
the financial statements sounded
that all-too-familiar note when
dealing with the Government
corporations: “The Corporation
has incurred significant operating
losses, and such losses are being
forecast to continue for the
forseeable future. The Corpora-
tion is dependent on funding
from the Government, and it is
anticipated that such funding will
continue to be made available at

a level sufficient to allow the Cor-.

poration to adequately maintain
its operations.”

A significant percentage of the
losses, and need for increased
government subsidies, is likely
to be related to the demand
imposed on the Corporation for
Family Island infrastructure to
keep up with resort development
projects.

The Water & Sewerage Cor-
poration’s balance sheet at year-
end 2006 was also less than per-
fect. Current assets, worth some
$8.877 million, were dwarfed by















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$59.616 million in current liabil-
ities, producing net current fia-
bilities of $50.738 million.

The largest component of the
Corporation’s current liabilities
are accounts payable and
accrued liabilities, which totalled
some $53.549 million at year-end
2006 - a decline of almost $5 mil-
lion on the previous year’s fig-
ures.

In turn, the largest component
of that figure is the Corporation’s
more than $30 million exposure
to its defined benefit pension
plan, another indication of the
social security timebomb that
continues to tick telepelelys in
the Bahamas. :

The 2006 financial hinge
tabled in the House of Assembly
yesterday, revealed that the Cor-
poration had suspended funding
contributions to its defined beh-
efit pension plan in 1989, “and
no monies are being withdrawn
from the invested funds. The
Corporation is paying directly all
retirement benefits.”

These retirement payments
cost the Corporation more than
$2 million in both 2006 and 2005.

When it came to accounts
payables, the 2006 financial staté-
ments showed that $8.354 mil-
lion was owed by the Corpora-
tion to other government min-
istries, departments and agen-
cies.

And on the accounts receiv-
ables side, the Corporation has
provided for $18.915 million of
the $19.504 million owed to it on
New Providence, and $6.815 mil-
lion of the $7.041 million owed'to
it in the Family Islands. ie



$10,500

5

TE
Ii

-

$45.00

AS OME NBT PIO ROSIE WERE EE

341-1515



TENDER SECURITY SERVICES

The Clinton Heritage Authority invites proposals
from suitably qualified Companies for the provi-
sion of security services at the Clifton Heritage

National Park.

Interested companies can collect a specification
document from the Authority’s office in the Collin’s
House Complex, with entrance on Collins Avenue,
between the hours of 9:00 am and 5:00 pm Mon-

day through Friday.

Tenders must be sealed in an envelope marked
“TENDER FOR SECURITY SERVICES” and
delivered for the attention of:

Dr. Keith Tinker
Secretary
The Clifton Heritage Authority
P.O. Box EE 15082
Nassau, Bahamas
Telephone: 325-1505

Bids should reach the Authority's office by
5:00 p.m. on 22 February, 2008.

Companies submitting bids are invited to attend
a bid opening on Tuesday, 26 February, 2008 at
10:00 a.m. at the Administrative Office, Collins

Avenue.

The Clifton Heritage Authority reserves the right to

reject any or all tenders.


THE TRIBUNE








BORCO deal shows need

_ for a new cruise port

F ROM page one

development, Freeport was to
be an industrial city, and the
_ tourism product was developed
later.
; “The way the project is pro-
posed for development, it
_$tands to reason that it will
vlessen the tourist appeal,” the
Ghamber president said.
oie added that he was not
“being critical, but said the situ-
vation highlighted the need for

platform for the region”.
"BORCO will provide sig-
nificant value for our strategic
partners, including major oil
companies, many of which are
working with us to secure long-
term storage contracts at the
facility," said Thomas J. Siko-

rski, First Reserve’s managing |

director, in a statement.
"These partners will bene-
fit from BORCO's strategic
geographic location and the
facility's scale and flexibility.
The addition of new capital

that we plan to put in place is
intended to optimise and
upgrade the existing
infrastructure in order to pro-
vide the highest quality stan-
dard of service for BORCO
tenants.

“This significant capital also
demonstrates First Reserve's
long-term commitment to the
employees and will serve as a
catalyst for increased devel-
opment and production in the
Bahamas."

there to be a new cruise port
located away from Freeport’s -
\\industrial zone.
The Tribune understands
that the Government has re-
,cammenced negotiations with
-Garnival Cruise Lines over the
oconstruction of a new cruise
ace for Grand Bahama.
‘This had been discussed pre-
“aiously between Carnival and
_4he Grand Bahama Port
Authority (GBPA), who had
been mulling a partnership that
would have seen the GBPA
»provide the land as its equity
,contribution, with Carnival con-
otributing cash. Debt financing
would then have been raised to
ofinance the cruise port’s con-
struction, with Carnival receiv-
ing an exemption on the per
head cruise passenger tax.
r“It is understood, though, that
.the business model may have
} changed.
' The BORCO deal is set to
‘close in the 2008 second quar-
‘ter. While details were not dis-
‘closed, sources said it was val-
jued at around $900 million,
i Outlining the general plans
‘it has for BORCO, which is a
20 million barrel (more than
ithree million tonne) storage
‘terminal for crude oil, fuel oil
tand various petroleum prod-
jucts, First Reserve said the
|acquisition was part of its strat-
jegy to develop energy-related
‘infrastructure globally.
* Tt added that BORCO would
\“become a key international
‘hub for crude oil and petroleum
{products for major oil compa-
inies, and will be positioned as a

‘best-in-class storage and trading
i



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.

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













CALL:
325-6570
325-6571
for more
information

GROUP
TESTING

Saturday,
February 23, 2008
at 8:00am

Applications are available 7
at the school office. >

Bring pen, pencils, rulers.
Wear school uniform.
$20.00 testing fee

Mt. Carmel
Preparatory Academy



THE UNIVERSITY OF THE WEST INDIES,
THE BAHAMAS

SCHOOL OF CLINICAL MEDICINE AND RESEARCH

Applications are invited from suitably qualified persons for the posts of:
}.-LECTURER/ SENIOR LECTURER IN SURGERY

‘Candidates should be a medical graduate from a recognized and accredited
University, with a qualification in Surgery, and significant clinical experience at
the highest levels in their surgical specialty, well thought of by peers and in current
clinical practice. He/she must be a good team player with strong leadership skills
as well as professional and interpersonal skills, undergraduate and postgraduate
training and research experience, record of excellence in surgical experience,
teaching, research and publications.

The successful applicant will be required to:
Lead in and coordinate the teaching of surgery to undergraduates and
postgraduates (for the MB BS and DM surgery);
Lead and mentor research in surgical disciplines;
Participate in the surgical services of the Princess Margaret Hospital
(a 600-bed public and teaching hospital.

LECTURER/ SENIOR LECTURER IN EPIDEMIOLOGY,
RESEARCH UNIT

Candidates should have training at the masters or doctoral level in epidemiology. It
is highly desirable for the candidate to have interest and competence in teaching at
the undergraduate level in community health and family medicine, and overseeing
the research component of all postgraduate programmes. Experience in the design
and conduct of epidemiological projects including demonstrated ability to attract
research grants would be an asset.

The successful candidate will be expected to contribute to the development of
the programme in chronic non-communicable diseases, especially cardiovascular
disease risk while establishing collaborative projects with other researchers and
units within the Commonwealth of The Bahamas and the wider UWI research

community.

The successful applicants will be expected to assume duties June 1, 2008.

Application letter along with curriculum vitae giving full particulars of qualifications,
experience, nationality, names and address of three referees and copies of degrees
should be sent by electronic mail to: hrmd.sed@uwimona.edu.jm or to the Human
Resource Officer, Staffing 8 Placement, Human Resource Management Division,
The University of the West Indies, Mona, Kingston 7. In order to expedite the selection
process, applicants are advised to ask their referees to send reports under confidential
cover to the above address without waiting to be contacted. The final date for receipt of

applications is February 29, 2008.



THURSDAY, FEBRUARY 14, 2008, PAGE 11B

Employment Opportunity

The Clifton Heritage Authority is seeking the services of an individual to fill the position of
Managing Director in accordance with Section 15 of the Clifton Heritage Authority Act
2004.





The individual would be required to provide executive leadership, supervision and
direction to units of the Clifton Heritage Authority’s offices and the Heritage Park,
while ensuring, the research and promotion of its historical, cultural and natural
resources.
































D nd R nsibiliti
: a aacbE for the implementation of policies, programs:and goals and objectives for
the efficient management of the Clifton Heritage Authority.

Ensures the development and implementation of a strategic plan for the figneietiell

of the Clifton Heritage Park ensuring that accepted operating standards and

practices are employed.

° Coordinate and supervise all activities related to safety issues, best environmental
practices, and all matters related to the preservation of historic structures and
conservation of natural resources at the park.

° Serve ad Principal Advisor to the Clifton Heritage Authority Board on matters and
issues relative to the maintenance and upkeep of the park.

° Oversee and coordinate all public and private use of facilities and recreational spaces

at the Clifton Heritage Park and establish user fees.

Liaise with other government, non-government, regional and international agencies to

explore opportunities to promote the sustainable development and management of

the Clifton Heritage Park.

Direct and coordinate the employment of staff, develop and implement operating

policies, standards and procedures to ensure performance and maintain a stable

working environment.

Conduct periodic assessments of facilities and infrastructure and recommend

improvements or repairs as necessary.

Prepare and submit a monthly report to the Board of Directors on the operations of

the Authority.

Liase with the Marketing and Public Relations officer to produce material for the

promotion of the Clifton Heritage Park.



°

°

°

°

°

°








P lifi :
° A minimum of a graduate degree in Administration or a related discipline, and/or 10
years experience in an administrative discipline.

Applications are available at the Authority’s Office Collins Avenue and should be
submitted along with resume by 25 February, 2008.

Telephone contact 325-1505.

Security & General

TNR Fanrere
FNS VUNRLANCE

FINANCIAL CONTROLLER

Security and General Insurance, a member of Colonial Group International Limited
(CGIL) headquartered in Bermuda, is seeking a Financial Controller.

CGIL, with offices in Bermuda, the Bahamas, the Cayman Islands, and the British Virgin |
Islands, 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.

The position of Financial Controller will be responsible for overseeing all aspects of the
accounting and financial reporting functions of the Company and will be expected to
implement and continually develop systems of internal control. Reporting to both the
Group Financial Controller and the General Manager of Security & General, the
successful candidate will be expected to prepare, analyze and present financial reports
for senior management with an emphasis on key success factors.

Recognized Accounting Qualification (CA, CPA, ACCA) with a minimum of 3 years’
post qualification experience

Strong proficiency in MS Excel

Ability to work extended hours and travel on occasion

Excellent communication and organizational Skills

A minimum of two years experience managing administrative staff

Compensation for the successful candidate will be attractive and linked to performance.
The Group offers an attractive benefits package that includes comprehensive medical
insurance, contributory pension plan, life, and long term disability coverage.

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 made in writing to:

Attn: Human Resources

Security & General Insurance Company Ltd.
2â„¢ Terrace & Collins Avenue

PO Box N-3540 Nassau, Bahamas

Closing Date for applications is February 20", 2008
PAGE 12B, THURSDAY, FEBRUARY 14, 2008

THE TRIBUNE





Buffet sets his price for

@ By VIKAS BAJAJ
c.2008 New York Times
News Service

WARREN E Buffett has vol-
unteered to rescue Wall Street
from its latest looming crisis.

But Buffett, the billionaire
investor known as the Oracle of
Omaha, made clear that his offer
would not come cheap. And
even then, jittery investors were
unsure that his plan would work.

Capitalizing on the turmoil in
the financial markets, Buffett








Alison June Johnson
Liquidator

NOTICE

INTERNATIONAL BUSINESS COMPANIES ACT, 2000
In Voluntary Liquidation

Notice is hereby given that in accordance with Section 138 (4)
of the International Business Companies Act, (No. 45 of 2000),
Caura Corporation, is in dissolution and Alison June Johnson
of Commercial House, Commercial Street, St. Helier, JE4 8QS
has been appointed as the voluntary liquidator of the Company.
All persons having claims against the above-named company are
required to send their names, addresses and particulars of their

debts or claims to the Liquidator before MARCH 12, 2008.

offered to shoulder some of the
financial burdens of three insur-
ance companies whose plunging
fortunes have become a threat to
the financial system.

The companies — MBIA, the
Ambac Financial Group and the
Financial Guaranty Insurance
Co. - guarantee interest and
principal payments on hundreds
of billions of dollars of bonds
sold by states and municipali-
ties, as well as complex mort-
gage investments. Investors fear
that the deepening problems of




















NOTICE
INTERNATIONAL BUSINESS COMPANIES ACT, 2000
In Voluntary Liquidation

Notice is hereby

given that in accordance with Section 138 (4)

of the International Business Companies Act, (No. 45 of 2000),
BLONBURG INTERNATIONAL LIMITED, is in dissolution.

CONTINENTAL LIQUIDATORS INC.

is the Liquidator and

can be contacted at 60 Market Square, PO. Box 1906, Belize City,

Belize All perons having claims peal the above-named com-

pany are required to send their names, addresses and particulars of

their debts or claims to the Liquidator before MARCH 12, 2008.















guidelines

Qualifications



Overall Responsibilities

Essential Job Functions

College degree
* Minimum of ten years in marketing vacation ownership
* Minimum of five years in management of sales, marketing and/or administration
* Excellent communication, listening and organizational skills

* Ability to communicate effectively at senior management level
* Strong leadership skills

* Ritz Carlton Club experience preferred

She
Abeco|

Wana

AVAL A

the bond insurers could unleash
a chain reaction of losses across
financial industries.

Buffett said he would stand
behind, or reinsure, policies that
the three companies had writ-
ten on $800 billion of municipal
bonds, a move analysts called a
shrewd attempt to take advan-
tage of the companies’ problems.

His holding company, Berk-
shire Hathaway, is willing to
commit $5 billion to the task but
wants the insurers to pay it a
steep premium. Berkshire will

refuse to take any risks associ-
ated with mortgage-related secu-
rities, the riskiest debt that the
companies insure. Buffett made
his offer public on CNBC, the
financial news network.

The insurers were considered
unlikely to agree to Buffett’s
stringent terms. Ambac, in a
statement, said the offer would
not benefit the company.

The offer initially heartened
investors, who have grown

‘increasingly alarmed by the

drumbeat of grim news from the

LEGAL NOTICE

NOTICE

INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

ATLAN TIC FERTILIZER
TRADING COMPANY LTD.

Notice is hereby given that in accordance with Section 138 (8)
of the International Business Companies Act, (No.45 of 2000),
the Dissolution of ATLANTIC FERTILIZER TRADING
COMPANY LTD. (the “Company”) has been completed, a
Certificate of Dissolution has been issued and the Company
has therefore been struck off the Register. The date of comple-
tion of the dissolution was the 31st day of January, 2008.

NOTICE

INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

In Voluntary Liquidation

Notice is hereby given that in accordance with Section 138 (4)
of the International Business Companies Act, (No.45 of 2000),
FERNETT LIMITED is in dissolution. Mrs. Alrena Moxey
is the Liquidator and-may be contacted at Winterbotham
Place, Marlborough & Queen Streets, Nassau, The Bahamas.
All persons having claims against the above-named company
are required to send their names, addresses and particulars of
their debts or claims to the Liquidator before March 12, 2008.

dp

— Yee >
LIQUIDATOR





& 9502 CAB. TEN MALE ES Coud

Vacancy for a
Sales and Marketing Project Director

Onsite coordination of sales, sales administration and marketing
* Achievement of targeted sales volume and maintaining inventory
* Develop future (MVCI) managers and implement self development programs
* Implementation of tour efficiency and building of strong team values

* Forecasting and budgeting of annual sales targets

« Ensuring communication between personnel and others

* Providing weekly report and updates to Ritz-Carlton/MCVI Corporate offices

Monitor and evaluate sales and marketing processes
* Monitor and evaluate specific sales and marketing field operations best practices, policies and










* Monitor and evaluate structured sales and marketing presentation training
* Review all sales and marketing assumptions in the feasibility process, ensuting strategic and
operational reasonableness, comparability among PEPS, budgets, forecasts and LRP






Please send resume to the attention of: Director of Human Resources

The Abaco Club on Winding Bay
P.O. Box AB-20571
Marsh Harbour, Abaco

Bahamas
OR

Email: humanresources@theabacoclub.com








































bond guarantors. Financial
shares led the stock market high-
er for much of the day before
the rally faded in the afternoon.

But the insurers’ share prices
fell as traders considered the
implications of Buffett’s state-
ments on the companies’ busi-
ness. The offer would do little
to alleviate the problems the
insurers are facing on securities
backed by mortgages, consumer
loans and other assets. In fact,
reinsuring municipal bonds with
Buffett could make the compa-
nies more vulnerable because
they would be left with only the
riskiest insurance contracts.

“Essentially, if any of the com-
panies were to take him up on
this offer, it would be almost
them waving a white flag saying
that they are done,” said Rob
Haines, an analyst at the
research firm CreditSights. “It
does not make sense to give up
what is the good part of your
business.”

In trading Tuesday, MBIA’s
stock closed down 15.3 per cent,
at $11.50. Shares of Ambac were
down 15.1 per cent, closing at
$8.90. FGIC is privately held.

Buffett’s offer, along with
news that mortgage companies
would give delinquent borrowers
more time to restructure their
loans, helped buoy stocks most
of the day, but prices fell back
toward the end of trading. The
Standard & Poor’s 500-stock

index closed up 0.73 per cent,
and the Dow Jones industrial
average was up 133.40 points, or
1.09 per cent. The technology-
weighted Nasdaq composite
index was essentially flat. Shares
of financial companies, which
might benefit from a strong com-
pany like Berkshire Hathaway’s
backing municipal bonds, rose
1.4 per cent.

In a letter dated February 6
to Lazard, the investment bank
that is advising MBIA, Ajit B.
Jain, president of reinsurance
for Berkshire Hathaway, pro-
posed that MBIA pay Buffett’s
company 150 per cent of the pre-
mium it earns for insuring its
municipal bond portfolio. Typi-
cally, insurers cede a share of
their premiums, not more than
they earn.

“I would submit that our pro-
posal at the pricing levels we
require is actually a cheap way
for MBIA to raise capital as
compared to other alternatives’
and is therefore a great benefit: .
to MBIA’s owners and their
municipal bond policy holders,”
Jain wrote. He noted that in
recent months, Berkshire had
been able to set premiums at
twice as much as MBIA used to -
charge, or more. Jain estimated
that the reinsurancé premiums
paid by MBIA and Ambac

SEE next page

The Abaco Club on Winding Bay, Abaco, is looking to fill the
following positions in its Development Department. This is an

eight (8) year project.

Project Manager - Construction

¢ Minimum 10 years experience in construction management
* Proficient in reading and understanding construction plans
* Proficient in creating and monitoring of construction

schedules

¢ Assist with development of forecasting and working

budgets

¢ Proficient with Microsoft Word and Excel
¢ Keen understanding of maintaining aggressive schedules

within planned budgets

¢ Needs good communication, logistical and organizational ©

skill

* Will work closely with larger GC on high-end product
i Praiece Site S : i

¢ Minimum 5 years of construction site management

experience

* Good working knowledge of timber and masonry

construction methods

¢ Working knowledge of construction materials
¢ Proficient in reading and understanding construction plans
° Proficient in fielding and resolving daily on-site queries

from contractors

¢ Proficient in performing material take-offs

¢ Proficient in creating construction schedules

¢ Proficient with Microsoft Word and Excel

* Needs good communication, logistical and organizational

skills

Quantity Surveyor/Estimator

¢ Minimum 5 years experience as a QS/Construction

Estimator

¢ Proficient in reading and understanding of construction

plans

¢ Proficient in material take-offs and creating Bills of

Quantities

¢ Proficient in developing forecasting and working budgets
* Proficient with Microsoft Word and Excel
¢ Need good communication and organizational skills

Project Scheduler

¢ Minimum 5 years experience as a Project Scheduler
* Proficient in reading and understanding of construction

plans

* Proficient with Sure-Track scheduler program
* Proficient with Microsoft Word and Excel
* Need good communication and organizational skills

n a icer

¢ Minimum 5 years experience as a Procurement Officer
* Detailed understanding of freight and shipping logistics
¢ Proficient with ordering and tracking of construction

materials

Good working knowledge of construction materials
‘Proficient with Microsoft Word and Excel
Need good communication and organizational skills

Warehouse Clerk

* Good understanding of construction materials
* Good understanding of warehouse procedures
¢ Proficient with Microsoft Excel

Resume should be sent to Nick Sims,
Development Department,
The Abaco Club on Winding Bay,
P.O. Box AB-20571, Marsh Harbour, Abaco

e-mail to construction@theabacoclub.com


THE TRIBUNE

THURSDAY, FEBRUARY 14, 2008, PAGE 13B



Cee

rescuing

i FROM page 12B

sit

TO.
would total about $9 billion.

» Neither he. nor Buffett
returned telephone calls Tues-
days

-pBerkshire Hathaway’s offer
was prompted by a call from the
New York state insurance super-
intendent, Eric R. Dinallo, who
asked the company late last year
tg,enter the bond insurance busi-
negs directly and quickly gave it
approval to do business in the
state. The company has since
had. similarly warm receptions
insather states.

jin the last couple of months,
inyestors and regulators have
facused intensively on the bond
galagantors, For state regulators,
the main concern has been pro-
testing the $2.6 trillion municipal
band market, about half of
which is insured. For some
states, cities and other public
entities, the cost of borrowing
has,risen noticeably in recent
mnths because investors are
concerned that the guarantors’
hacking will turn out to be
worthless.

;¢Dinallo, who regulates MBIA
and FGIC, has “asked large
banks like Citigroup, Merrill
Lynch and UBS, many of which
hald insurance policies from the
guarantors, to devise a plan to
shore up the insurers. The offi-
cials are discussing investing in
the insurers or providing them
ith lines of credit to cover
fature losses and restore confi-
nce in them. (Ambac is .regu-
lated by Wisconsin regulators.)
While the banks and the guar-
antors continue to meet daily




with each other and with Joseph |

Perella, an investment banker
ho is advising Dinallo, the
Berkshire Hathaway reinsurance
plan is seen as a backup solu-
tion if those talks are unsuccess-

ful, said a person familiar with
the discussions but who was not
authorized to speak about them.

One analyst said Dinallo could
be using the Berkshire offer to
put pressure on the banks to
come up with a plan that
addresses both the municipal
debt obligations and the mort-
gage-related securities insured
by the bond guarantors.

“It may be an effort to get the
banks to come to the table and
probably do it on better terms
than” what Buffett is offering,
said Douglas A Dachille, chief

executive of First Principles Cap-
ital Management, a bond firm

’ based in New York.

The guarantors — who main-
tain that while they have made
mistakes, they remain in good
financial shape — are unlikely to
find the reinsurance plan appeal-
ing. They would much prefer
reinsuring the part of their busi-
ness that is at greater risk for
future losses, and they would
like to pay a smaller premium
than what Berkshire has sug-
gested.

On Tuesday, all three compa-

NOTICE

In the Estate of JACQUELINE J.M. DAUCHY,
late of the County of New York in the State of New

York, U.S.A. deceased.

Notice is hereby given that all persons having
andy claim or demand against the above Estate
are required to send the same duly certified in
writing to the undersigned on or before the 14th
day of February 2008 after which date the Attorney
by Power of Attorney will proceed to distribute the

assets having regard only to the claims of which he

shall then have had notice.

And take notice that all persons indebted to the
said Estate are requested to make full Settlement
on or before the date hereinbefore mentioned.

THE ROSE LAW FIRM
Power of Attorney for the Administrator
Chambers
Butlaw House, East Bay Street
P.O. Box N-3545
Nassau, Bahamas



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are resolved through negotiation or through the courts. She has
attained extensive practical experience in these areas as a result of
her employment as an Associate Attorney with Lennox Paton and
Graham, Thompson & Co. She is a graduate of the College of The
Bahamas, the University f Leeds and BPP Law School where she
obtained an Associate of Arts Degree in History, a Bachelor of
Laws Degree (Hons.) and completed the Bar Vocational Course

respectively.

Mrs Wright was called to the Bar of England and Wales and The
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Tel: (242) 394-1823 © Fax: (242) 394-1824

Website: www.ccsbahamas.com ¢ Email: info@ccsbahamas.com



nies declined to comment.

In an interview in December,
Buffett said he did not want to
enter the business of insuring
mortgage-related bonds because







QUALIFICATIONS AND EXPEREINCE:-
¢ Bachelor’s Degree in Business,(with a major in accounting);
e At least five (5) years job experience in accounting;

¢ Knowledge and ablility to apply accounting;

those securities were too com-
plex and risky — a view he reit-
erated Tuesday on CNBC.
“The insurance in the market
is not doing bondholders any

VACANCY FOR |

FINANCIAL OFFICER

EDUCATION LOAN AUTHORITY

The Education Loan Authority is a quasi government corporation established
under the Eduacation Loan Authority Act 2002, charged with the responsibility of
raising monies for the Education Loan Guarantee scheme established under the
Education Guarantee Fund Act 2001

Applications are invited from suitably qualified individuals to fill the position of
Financial Officer in the Educaion Loan Authority on a three (3) years contractual basis.

ESSENTIAL DUTIES, RESPONSIBILITIES AND SKILL INCLUDES:-
¢ Review and analyze financial reports provided by our agent and

affiliated committee:

¢ provide overall direction for accounting, budget and cash sree

¢ Prepare and post journal entries’

¢ Reconcile accounts, prepare Income Statement and balance Sheet;

¢ Coordinate the annual external audit;

¢ Any other job that may be assigned from time to time by the Board

or the Chief Administrative Officer;

The Salary range for the post is $30,900 x 700 - $37,600 per annum

Interested persons are invited to submit a cover letter, resume and documentary
evidence of qualifications and three (3) references to:

Educational Loan Authority

P.O Box SS-19039
Nassau, Bahamas

Deadline: 20th February. 2008
wi ote

bond insurers

good and is in some cases penal-

izing bond investors,”. Buffett
said. “Our proposal puts the
municipals at the front of the
line.”





























CFA Society of The Bahamas

MONTHLY SPEAKER EVENT

2007/2008 Officers & Directors

President

Kristina M. Fox, CFA

CIT Holdings Ltd

PO Box SS-19140, Nassau, Bahamas
Ph: (242) 363 1501 Fax: (242) 363 1502

Email: kf@cit.co.uk

Vice-President

David Ramirez, CFA

Pictet Bank & Trust Ltd.

PO Box N-4873, Nassau Bahamas

Ph; (242) 302 2217 Fax: (242) 327 6610
Email:dramirez@pictet.com

Treasurer

Christopher Dorsett, CFA

Citigroup Corporate & Investment Bank

PO Box N 8158, Nassau, Bahamas

Ph: (242) 302 8668 Fax: (242) 302 8569
Email: Christopher.a.dorsett@citigroup.com

Secretary

Sonia Beneby, CFA

ScotiaTrust

PO Box N 3016, Nassau, Bahamas

Ph: (242) 502 5700 Fax: (242) 326 0991
Email: sonia.beneby@scotiatrust.com

Programming

Karen Pinder, CFA

EFG Bank & Trust (Bahamas) Ltd.

PO Box SS 6289, Nassau, Bahamas

Ph: (242) 502 5400 Fax: (242) 502 5428
Email: karen.pinder@efgbank.com

Education

Pamela Musgrove, CFA

Colina Financial Advisors, Ltd,

PO Box CB 12407, Nassau, Bahamas
Ph: (242) 502 7008 Fax: (242) 356 3677
Email: pmusgrove@etal.com

Warren Pustam, CFA, CPA
EverKey Global Partners
PO Box N-7776- 318, Nassau Bahamas

Membership
Geneen Riviere

Pearl Investment ieceioes pies

Past President

David Slater, CFA

KPMG

PO Box N-123, Nassau, Bahamas
Ph: (242) 393 2007

Email: dslatter@kpmg.com.bs

RA

PROFESSIONAL
DEVELOPMENT
QUALIFIED ACTANTY





“Options for Enhancing Returns"

Thursday, February 21", 2008

12:00 pm
12:30pm Speaker
Please arrive promptly!

Location:

Speaker: Bud Haslett

Director: Option Analytics
Miller Tabak & Co., LLC

New York, NY

Members $25.00
Non-Members $35.00

General Meeting

Luciano’s of Chicago, Cagliari Room
East Bay Street, Nassau

(Please make cheque payable to: CFA Society of The

Bahamas)

Reservations:

PRE-REGISTRATION REQUIRED -

by Wednesday February 20th, 2008

Karen Pinder, CFA

karen.pinder@efgbank.com

*Prepayment required through one of the Board Members

Options for Enhancing Returns: This 45-minute presentation provides
information concerning the conservative use of option strategies. The presentation begins
with a brief overview of three strategies: protective puts, covered calls, and collars. It
includes a description of the marketplace for exchange traded options. A more detailed
discussion of covered call writing follows, including an examination of the 17-year track
record of the CBOE S&P 500 BuyWrite Index (BXM). Important considerations in
establishing and managing these positions are also reviewed.

Biography: Mr. Haslett is the director of option analytics for Miller Tabak + Co. in New
York City, USA. He is responsible for developing customized and standardized option
strategies for institutional clients and also works on special option-related projects for the
firm. He previously founded Write Capital Management, LLC, a derivatives-based
investment management firm managing more than $300 million in conservative option
strategies and spent two decades on the options trading floor, where he managed
portfolios of stocks and options. He has served on the Business Conduct Committee of the
Philadelphia Stock Exchange as well as a member of the National Option Linkage

Committee.

Mr. Haslett is past president (2003-2004) of the CFA Society of Philadelphia and is
Chairman of the Board of Regents for the Financial Analysts Seminar (2005 to

present). He is an active volunteer for CFA Institute, having served in a variety of
capacities including CFA exam grader and member of the Council of Examiners. He is a
CFA charterholder and also holds the Financtal Risk Manager (FRM) certification. He
received graduate degrees from the University of Pennsylvania and Drexel University and
has served as an adjunct professor of derivatives at both Johns Hopkins University and

Rutgers University,


PAGE 14B, THURSDAY, FEBRUARY 14, 2008 | | See 3

FROM page one

Telecommunications Sector Policy,
which regulate the Bahamian tele-
coms industry, especially the exclu-
sivity periods BTC has to protect it
from competition and maximise its
value to any bidder in a privatisation
exercise.

Specifically, SRG is seeking a dec-
laration that BTC’s 12-month cellular
exclusivity, and 24-month exclusivity
on cellular, post-privatisation are
unconstitutional.

BTC’s continued cellular monop-
oly is also being challenged on con-
stitutional grounds, as are any restric-
tions placed on SRG establishing its
own gateway to carry international
voice and data traffic, especially if
BTC refused to lease circuits for this

purpose.
That is especially important, given
that BTC has launched an action with

SRG ‘pursuing’

the PUC seeking a declaration that
it has an “exclusive right to operate
systems to provide international con-
nectivity for voice telephony” to
SRG’s exclusion.

Meanwhile, SRG’s president said
that with the Privy Council ruling that
BTC’s attempt to challenge its right to
use Voice over Internet Protocol
(VoIP) technology in its network was
“an abuse of the court’s process”, the
various attempts to restrict the com-
pany’s competitiveness appeared to
be melting away.

Paul Hutton-Ashkenny said: “Obvi-
ously, we’re very pleased that at long
last we’re able to draw a line under
this VoIP issue and put it behind us.
It’s the end of a three-year chapter.
We can move on.” °

With the PUC having ruled in

SRG’s favour on the Abaco inter-
connection dispute with BTC, and the
latter’s refusal to programme its
switches to accept exchange humbers
granted to SRG, Mr Hutton-Ashken-
ny added: “All of these things seem to
be falling away.

“Finally, once we get all the remain-
ing bits and pieces out of the way, we
will have a settled competitive market,
which will be to the benefit of all of us.

“BTC and ourselves can focus on
the market, the PUC can focus on
regulation, and hopefully the con-
sumer will benefit.”

Mr Moree said of the Privy Council
ruling: “We think it is another step in
the process of trying to level the play-
ing field, which hopefully will ulti-
mately result in a liberalisation of
the telecoms sector to provide
better services, at more affordable
rates, for the benefits of the Bahami-
an people.”

FROM page one

improve schools and education, clinics
and healthcare, roads and other vital
infrastructure.

The Airport Authority has now leased
LPIA to the Nassau Airport Development

Company (NAD), its wholly-owned sub- °

sidiary, for 30-years, with the latter now
entrusted with managing,. operating and
upgrading the main gateway to the Bahamas
to world-class standards.

NAD was required to pay $50 million to
the Airport Authority on April 1, 2007, part
of a $65 million bridging loan facility that it
raised from a syndicated group of lenders.
NAD is being run by Vancouver Airport

Services (YVRAS) under a 10-year man-

agement contract.

The 2007 financial statements, prepared
by Ernst & Young, again added solemnly
that given the Airport Authority’s consis-
tent deficit, if this continued it would not be
able “to service the credit facilities that it
has obtained to fund necessary operating

. THE TRIBUNE

— Airport Authority

and capital expenditures. Financial support
from the Government is essential for the
continued operations of the Authority”.

Government support has, over the years, .
taken more than one form. While the subsi-
dies it has received over the years have been
treated as income, in 2007 the Airport
Authority also received a $2.5 million
advance from the Ministry of Finance \“in
order to initially support the operations of
NAD”.

This sum paled in comparison to the
$17.994 million advanced b;’ the same min-
istry in 2006 to enable the Airport Authori-
ty to acquire security equipment and reno-
vate security-related areas. Both these
advances haye no interest rate attached, and
no maturity date.

Still, the Airport Authority’s operating
revenues improved to $18.032 million for
2007, compared to $11.89 million the previous
year, largely due to a more than $5 million
improvement in recoveries and other income.







HTS aC
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Ph: (242) 364-2062

Special Order Parts

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#% The d’Albenas
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has a
new telephone number

r

— (242) 677-1441

Our fax number remains:
(242) 328-2938

Our old telephone number
(242) 322-1441 is no longer
in service

The d’Albenas Agency Ltd.
Madeira Street, Palmdale
new telephone number

(242) 677-1441

Pricing Infcrmation As Of:
2

Abaco Markets
Bahamas Property Fund
Bank of Bahamas
Benchmark
Bahamas Waste
Fidelity Bank
Cable Bahamas
Colina Holdings
Commonwealth Bank (S1)
Consolidated Water BDRs
Doctor's Hospital
Famguard
Finco
FirstCaribbean
Focol (S)
Freeport Concrete
ICD Utilities
J. S: Johnson

00 ——~Premier Real Estate

Bahamas Supermarkets
Caribbean Crossings (Pref)
ND Holdings
OE a nc Rr tt fe Re eee
ABDAB
Bahamas Supermarkets
RND BO

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

1.300059***
2.999402***
1.378862"
3.7969*"

11.9333 11.3545 Fidelity Prime Income Fund 11.9333**
100.0000 100.0000 CFAL Global Bond Fund 100.00**
100.0000 100.0000 CFAL Global Equity Fund 100.00**

1.0000
_,,,10-5000

CFAL High Grade Bond Fund 2 ee
Fidelity International Investment Fund



ALL SHARE INDEX - 19 Dec 02 = 1,000.00

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

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

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

Daily Vol. - Number of total shares traded today

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

27.72%
5.53%

RIND EX: ‘chose 20.24 YTD -2.40% / 2007 34.47% SAS
MARKET TERMS YIELD - last 12 month dividends divided by closing price

Bid $ - Buying price of Colina and Fidelity

Ask $ - Selling price of Colina and fidelity

Last Price - Last traded over-the-counter price

Weekly Vol. - Trading volume of the prior week

EPS §$ - Acompany's reported earnings per share for the last 12 mths

NAV - Net Asset Value

N/M - Not Meaningful





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PARTS HAVEN |

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Retailers
All Bahamian Creative Designs - 436-5127
Other Independent Distributors

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Markland fuel - 324-8413
L. Bridgewater - 436-5509

Retail, Wholesale and Distribution Opportunity Available
Meeting at Holy Cross February 15th and 29th
at 7:30pm
431-7910/364-2062

VACANCY NOTICE

The Bahamas Co-operative League
& Insurance Brokerage Limited
Requires the services of a
Messenger / Handy Man

The successful applicant will be responsible
for providing messenger services assisting with
general office and maintenance duties.

Applicants should:
/ Bea Bahamian citizen
V Possess a valid drivers license
VY Possess a minimum of a high school diploma ~
Have good interpersonal skills

Deadline for application:
February 15, 2008

Applicants should submit their resumes to the
Bahamas Co-operative League
& Insurance Brokerage Limited

Russell Road P.O. Box SS-6314 — fax: 242-328-8730

VENEER ND
2.750
1.125

ce N/M

Yield %

19.97%

27.72%
5.53%

** 31 December 2007
** 31 January 2008
seer. 2 January 2008



P/E - Closing price divided by the last 12 month earnings FINDEX - The Fidelity Bahamas Stock Index. January 1, 1994 = 100

(S) - 4-for-1 Stock Split - Effective Date 8/8/2007

Kos) 2 fart Stock Split - Effective Date 7/11/2007 a ane
WG TO TRADE CALL: CRAL 24602-7010 7 FIDELITY 242-366-7764 7 FOR MORE DATA & INFORMANIO Y GALL (242) Sb4 2808

NOTICE

NOTICE is hereby given that SAINTILNA PHILIPPE PAUGH

of CALABASH BAY, ANDROS, BAHAMAS, is applying to,
the Minister resposible for Nationality and Citizenship, for,
registration/naturalization as a citizen of The Bahamas, and,,
that any person’ who knows any reason why registration/ |
naturalization should not be granted, should send a written |
and signed statement of the facts within twenty-eight days from,
the 14TH day of FEBRUARY, 2008 to the Minister responsible.
for Nationality and ee P.O.Box N- 7147, Nassau;
Bahamas. iv

NOTICE

NOTICE is hereby given that ANITA SMITH SANCHEZ of 35TH |
STREET, BUILDING 51, APARTMENT 38TH BEWTEEN 26.
AND 34, ARTEMISA, LA HAVANA, CUBA, is applying to the’.

Minister resposible for Nationality and Citizenship, for registration/;.
naturalization as a citizen of The Bahamas, and that any person,

who knows any reason why registration/ naturalization should nat;
be granted, should send a written and signed statement of the facts
within twenty-eight days from the 14TH day of FEBRUARY, 2008”
to the Minister responsible for Nationality and Citizenship, P.O. Box’!
N- 7147, Nassau, Bahamas.

NOTICE
NOTICE is hereby given that EUNIDE LOUISSAINT of,
MACKEY STREET, P.O. BOX N-9368, NASSAU, BAHAMAS «
is applying to the Minister resposible for Nationality and’
Citizenship, for registration/naturalization as a citizen of The.;
Bahamas, and that any person who knows any reason why:
registration/ naturalization should not be granted, should send,”
a written and signed statement of the facts within twenty-eight;
days from the 14TH day of FEBRUARY, 2008 to the Minister’
responsible for Nationality and Citizenship, P.O.Box N- 7147)".
Nassau, Bahamas. 0

NOTICE =
NOTICE is hereby given that MERLINE MOCOMBE of PRISON: I
END, DEAD CAT ALLEY, P.O. BOX-SS 5951, NASSAU, |
BAHAMAS, is applying to the Minister resposible for Nationality I
and Citizenship, for registration/naturalization as a citizen of |}.
The Bahamas, and that any person who knows any reason why |
registration/ naturalization should not be granted, should send |
a written and signed statement of the facts withjn twenty-eight
days from the 7TH day of FEBRUARY, 2008 to the Minister |
responsible for Nationality and Citizenship, P.O. Box N-. 7147,
Nassau, Bahamas. ‘

NOTICE

NOTICE is hereby given that LELAWATTEE MANOO- °
RAHMING of SOUTH OCEAN, P.O. BOX-CB 11678, NASSAU,



_ BAHAMAS, is applying to the Minister resposible for Nationality

and Citizenship, for registration/naturalization as a citizen of

| The Bahamas, and that any person who knows any reason why |

registration/ naturalization should not be granted, should send
a written and signed statement of the facts within twenty-eight |
days from the 7TH day of FEBRUARY, 2008 to the Minister —
responsible for Nationality and Citizenship, P.O.Box N- 7147, |
Nassau, Bahamas.

NOTICE

NOTICE is hereby given that DOROTHY P. BAKER of 9A |
CAVE POINT, P.O. BOX-N 4447, NASSAU, BAHAMAS, |
is applying to the Minister resposible for Nationality and
Citizenship, for registration/naturalization as a citizen of The

Bahamas, and that any person who knows any reason wh¥i)
registration/ naturalization should not be granted, should seng

a written and signed statement of the facts within twenty-eight}

days from the 7TH day of FEBRUARY, 2008 to the Ministete
responsible for Nationality and Citizenship, P.O.Box N- m4 a
Nassau, Bahamas.

The ~ Public is hereby advised that |, PATRICK
LIVINGSTONE ROLLE of Blue Hille Road South, P.O, Box
CR-54128, Nassau, Bahamas, intend to change my |
name to PATRICK LIVINGSTONE KEMP. If there are any
objections to this change of name by Deed Poll, you,
may write such objections to the Chief Passport Officer, |
P.O.Box N-742, Nassau, Bahamas no later than thirty ed

days after the date of publication of this notice.

NOTICE

NOTICE is hereby given that JOHN H. BAKER of 9A CAVE
POINT, P.O. BOX-SS 4447, NASSAU, BAHAMAS, is applying |
to the Minister resposible for Nationality and Citizenship, for
registration/naturalization as a citizen of The Bahamas, and |



that any person who knows any reason why registration/
naturalization should not be granted, should send a written
and signed statement of the facts within twenty-eight days from |
the 7TH day of FEBRUARY, 2008 to the Minister responsible —
for Nationality and Citizenship, P.O.Box N- 7147, Nassau, |
Bahamas. it


—THE TRIBUNE





“mBy KEVIN J O’BRIEN
Hols, 2008 New York Times
-'â„¢'News Service

t "BARCELONA, Spain — At
‘a glance, the mobile phone, a
steel-blue clamshell model able
to display streaming video at
broadband Internet speeds,
could be mistaken for one of the
| more than 100 models made by
Nokia, the world’s leading cell
- | phone maker.
But this phone, the F230, is
’ the latest high-speed device from
, of Shenzhen, China, whose
three per cent global market
waar pales next to the stake
éld by Nokia, which analysts
estimate reached a record 40.2
} per cent in the fourth quarter.
} Still, Li Ying Feng, general
} product manager for ZTE’s
| most advanced models, said he
| was not intimidated by Nokia,
- | whose market share is more than
the combined shares of its three
tdp rivals: Samsung, Motorola
} aivd Sony Ericsson. In the shad-
ow of the giant, Feng said ZTE
was on track to double its cell
phone sales, to 60 million, this
year.
“We consider the mobile
“fiandset business to be very com-
[ater Feng said during an



interview here at the Mobile
'World Congress, an industry
convention. “The market can
change at a moment’s notice,
‘ bécause there are so many vari-
ables to success.”
‘Nokia, a Finnish company, is
be good position to extend its
lead. The company’s low-cost
[2p anetion and distribution
chain is churning out record
sales in the emerging markets of
Africa, the Middle East, India
jand Brazil. In India alone, Nokia
is oe 8 million cell phones a

{month
ompetitors, however, say



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Nokia is still vulnerable to the
vagaries of the cell phone busi-
ness, with its fickle consumers
and aggressive challengers. Miss-
ing the latest innovation or style
twist could bite into the compa-
ny’s lead in a matter of months.

“The game is definitely not
over,” said Daniel Moloney,
president of Motorola’s cell
phone business.

Motorola ranks third in the
world market after Nokia and
Samsung, with a 12.3 per cent
market share, according to Strat-
egy Analytics, a research com-

any.

In 2005, Motorola temporari-
ly closed the gap with Nokia
with its Razr model; previously,
it made a similar gain in 1996
with the StarTac, the first
clamshell phone.

Olli-Pekka Kallasvuo, Noki-
a’s chief executive, said he was
by no means ready to declare
victory. On the contrary,
Kallasvuo said, Apple, with its
iPhone, and Google and
Microsoft, which both make soft-
ware that competes with Nokia’s
Symbian operating system, are
serious new challengers.

“What - have are several
industries that are converging,
sometimes even colliding with
each other,” he said. “There
have always been competitors.
There will always. be competi-
tors.”

And many of those competi-
tors are profiting even as Nokia
continues to grow. Samsung of
South Korea, with a 14 per cent
market share, is on track to sell
more than 200 million phones
this year, an increase of 25 per
cent, said Yongcho Chi, an exec-

_utive vice president in the

mobile division. “In terms of the
market, there is plenty of room
for someone like Samsung,” he
said.

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‘Rivals plan Bags

Nokia’s lead

One potential brake on Nokia
are mobile operators, which are
reluctant to depend on a single
cell phone maker, which could
use its leverage to demand better
terms from sales.

“Nokia is an impressive com-
pany, but it is certainly in our
interest to ensure that there are
a range of competitors in the
market,” said Boris Nemsic,
chief executive of Telekom Aus-
tria and: its wireless unit,
Mobilkom Austria. “The hand-
set business is packed with inno-
vators, such as HTC of Taiwan
and ZTE of China, which keeps
prices low.”

But the biggest threat to
Nokia at the moment may come
from within.

The company is pursuing a
costly, ambitious plan called Ovi
to build a profitable business in
mobile services, a goal that so
far has eluded many mobile net-
work operators.

For Ovi, Nokia has acquired a
series of software companies,
including Navteq, an American
maker of digital map data. Nokia
is paying $8.1 billion for Navteq,
wagering that satellite location
services will chart a new path to
sales and profit.

Niklas Savander, head of
Nokia’s new services and soft-
ware group, said the company
had hired top executives from
Yahoo, Microsoft, eBay and
IBM to help build Ovi. At the
same time, Nokia is appeasing
operators by agreeing to dou-
ble-brand the wireless services
on its cell phones, letting Voda-
fone or Orange subscribers, for
example, choose either their
operator's Web portal or Noki-
a’s.

“We have basically agreed to
bake the pie first before fight-
ing over how to aeut it,” Savan-
der said.

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THURSDAY, FEBRUARY 14, 2008, PAGE 15B





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