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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Full Text
agate JR McFLURRY
| CHIPS ANDY

'm lovin’ it.

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LOW

— BREEZY

Volume: 104 No.155



12F
SUNNY AND |



SRM Ea Coles Te

Interest margins
SEE BUSINESS FRONT





“USA TODAY

BAHAMAS EDITION

Phitem ae
SWIMSUIT

SSC













. | Wellington fh
Adderley fou fat

in pool of blood

lm By MEGAN REYNOLDS
Tribune Staff Reporter’

THE murder of dedicated

HIV and AIDS campaigner |
Wellington. Adderley has

rocked the community.

Mr ‘Adderley, 51, president
of the National Network for
Positive Living, which fights for
the rights of HIV and AIDS vic-
tims in The Bahamas, was
found lying in a pool of blood at
his home in Delancey Street

SEE page 10



THE AIDS Foundation centre and

apartment in Delancey Street where |’

Wellington Adderley's body was
found yesterday. ©

PHOTO: Megan Reynolds

Former PLP senator’s husband
charged with causing harm to her

@ By NATARIO McKENZIE

THE husband of former PLP
Senator Paulette Zonicle was
arraigned in Magistrate’s Court
yesterday charged: with harm-
ing her and making threats of
death. :

Charles Zonicle, 47,-a senior

sales and marketing executive
with the Broadcasting Corpo-
ration of the Bahamas, was
arraigned on the charges before
Magistrate Carolita Bethel at

Court Eight, Bank Lane.

SEE page 10

‘ino “Cee












PHOTO:

Tim Clarke/ | of the times and full of tradition. While Bahamians

are being told they need to grow more of their own
food in view of rising costs, Gambier’s already there.
At Fernander’s Farm, built on some of the acres of gen-

| eration land located behind the settlement, pigs and cat-
© ~ | tle are in abundance and fresh vegetables, including
| cabbage, sweet potatoes, tomatoes, pumpkin, okra,
bananas, and peppers,: rise out of the earth, nour-
ished by the livestock’s manure. Local people can eat
the freshest of fare without going near a supermarket.

‘Turnquest gives robust
response to Gibson threat

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

THE governing party will not “sit down and
be attacked and do nothing” Tommy Turn-
quest (pictured) has declared in response to
Shane. Gibson’s threat to table a list of FNM
sweethearts in the House of Assembly dur-
ing the upcoming budget debate.

“T could assure him and you of that,” said Mr ‘Turmquest, the
leader of government. business in the House, yesterday in a
brief telephone interview with The Tribune on the subject of the
FNM’s response to the PLP MP’s threat.

Since Mr Gibson made the bold declaration last Wednesday in |.

the House, the subject of the sweetheart list has been the topic
of numerous newspaper editorials.

It has also become a point of fierce debate on the Internet with
people speculating on who is on it, and others questioning the
propriety of publicising such information in the House.

SEE page 10



Get savings
built right into

your mortgage

lm By PAUL G TURNQUEST



GAMBIER VILLAGE residents seem to be both ahead,

Tribune Staff Reporter
pturnquest@tribunemedia.net

DR Bernard Nottage’s
defence in the defamation law-
suit issued by Minister of State

for Finance Zhivargo Laing was,

filed. in the Supreme Court yes-
terday.
Comprising some eight pages,

the defence outlines that the -
statements of Dr Nottage, who

is represented by PLP MP Fred
Mitchell, regarding his com-
ments on the Mona Vie con-
toversy were true as outlined in
paragraph six of the defence.
The defence also outlines

_ instances where Dr Nottage

denies claims made by the
plaintiff (Mr Laing) in his state-
ment of claim, dated April 3,
2008.

Two claims that the defence’
dismiss are that any defamatory ~

words spoken by Dr Nottage
were. “calculated to disparage
the plaintiff in his office and
profession as a Minister.of State

. and Member of the House of |

Assembly”, along with claim
number 17, which suggests that

the plaintiff’s reputation has
been “damaged and he has suf-

fered distress and embarrass-

Drowning



ment”.

“The Second Defendant (Dr
Nottage) contends that the
words complained of:in their
natural and ordinary meaning
are true in substance and in
fact,” the statement read.

The particulars of the defence
include that the plaintiff (Mr
Laing), as a minister of the gov-
ernment, is and was at all mate-
rial times under a positive duty
to avoid conflict of interest sit-
uations in the execution of his
public duties which bestowed
or which tended to or appeared

SEE page 10

© ~ictims

linked to smuggling

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

-- FREEPORT - Four bodies
recovered from waters off West
End are believed to be part of a
larger group of Haitians
attacked by sharks after their
boat capsized in a human smug-
gling operation gone wrong.

Chief Supt Basil Rahming
réported that when officials
arrived at the scene, one of the
bodies, had been attacked by
sharks and partially eaten.

“Due to the large number of
sharks seen in the.area and
blood in the water, it is believed
that more persons were aboard
the ill-fated vessel when it over-
turned, but were consumed by
the sharks before officials
arrived on the scene,” said Supt

Rahming.

Last month, there were only
three survivors and 14 bodies
recovered in’ another human
smuggling operation — despite
the fact that there were said to
be. 26 passengers aboard the

- vessel.

Local authorities conducted
a further search on Monday off
West End for the bodies of
more victims.

According to reports, police
and BASRA officials discov-
ered four bodies floating near a
capsized speedboat about 13
miles off West End around
7.30pm on Sunday.

Mr Rahming said police
believe the victims were
Haitians who were being smug-

SEE page 10

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PAGE 2, TUESDAY, MAY 27, 2008

THE TRIBUNE





In brief

‘Sound public
policies Key to
heating global
competition’

IN order for the Bahamas to
be prepared for the challenges of
globalisation and the accompa-
nying threat of international com-
petition it must create sound pub-
lic policies and an effective public
sector, Minister of State for
Finance Zhivargo Laing said yes-
terday.

To facilitate this, public offi-
cers must be highly trained in the
relevant areas of policy making,
he said at yesterday's launch of
the Commonwealth Training Pro-
gramme on Public Policy and
Management.

The five-day training session
at the Wyndham Resort and
Crystal Palace Casino is part of
the government's new effort to
streamline a public sector with a
long-standing reputation for inef-
ficiency.

Last week, Prime Minister
Hubert Ingraham launched the
Public Service Improvement Pro-
gramme
targeted at
improving
"unaccept-
able levels"
of customer
service at
various gov-
ernment
agencies
like the
Depart-
ment of
Public Ser- 4DNEUCe Laing
vice, the
Registrar
General’s Office, the Building
Control Division; the Road Traf-
fic Department, the Department
of Physical Planning and the Pass-
port Office.

Delivering the key- -note
address at yesterday's launch, Mr
Laing outlined how an improved
public service will assist the gov-
ernment in competing in the glob-
al market.

"Small developing states such
as ours face a number of chal-
lenges in pursuit of our develop-
ment objectives. ..We add to this

of late, the uncertainties sur- |

rounding the effects of climate
chafige, rising and seemingly out
of control food.and fuel prices.
"Jni order to properly cope with
and, to the extent possible, miti-
gate against these challenges, we
must have sound public policies
that clearly define their objectives
and craft strategies that are capa-

ble of achieving them. In order

the this to happen, public officers
must be highly trained and skilled
in this area of public policy mak-
ing.

The quality of the policy deci-
sions that the government makes
is greatly influenced by the advice
it obtains from its officials and
the quality of their advice
depends upon their training".

The programme is designed “to .

enhance the public policy devel-
opment capability of senior offi-
cials of small states to devise

domestic policy solutions to coun- -

teract or cope with their vulnera-
bilities,” Mr Laing said.

The five day training session
will cover:

e evolution of pubic adminis-
tration systems and structures of
governance across the region

e public policy making and the

various elements in the wiry.

making process
® current issues in public policy
e ethics of good governance
e CSME and the impact on
policy development
Representatives from Barba-
dos, Belize, Bermuda, British Vir-
gin Islands, Cayman Islands,
Dominica, Jamaica, St Lucia, St
Vincent and the Grenadines, and
Trinidad and Tobago will also
take part in the programme.



PIONEER SHIPPING

Redundant shipping staff file

dispute against former employer

Mi Employees
feel snubbed by
their bosses

lM MEGAN REYNOLDS
Tribune Staff Reporter

REDUNDANT Pioneer
Shipping staff returned to the
Bay Street wharf yesterday to
file a dispute against their for-
mer employer..

The 37 Nassau-based employ-
ees sought the support of the
Labour Board when they left
Pioneer's Union Wharf in Bay
Street for the last time on Fri-
day, empty handed.

Company president Arthur
Thompson and assistant presi-
dent Ray Thompson gave staff
a letter detailing the pay they
are entitled to, along with a let-
ter from company shareholders

. guaranteeing the redundancy

payments to all employees
when the $22 million Bay Street
property, listed with Bahamas

Realty, has been sold.

However, for employees who
are unsure of how they will pay
their bills this month, the let-
ters, which do not quantify
when or how they will be paid,
don't provide much of a guar-
antee.

Pioneer Shipping's redundant
customer service team, who
have worked together for over
20 years, feel snubbed by their
bosses.

Marietta Beckles, 59, of Sta-
pleton Gardens, Nassau, said:

."T worked for the company for

22 years and I think at least the
president of the company could

have talked to us and explained
the situation.

"It was handled very poorly
and with total disrespect. It left
us without anything."

Ida Lewis, 54, of Elizabeth
Estates, handed the Labour
Board petition to her bosses of
22 years to file a dispute with
the company on. behalf of all

A good business
plan is based ona
sound strategy.

. She is going to find it hard.to.

4



“It was
handled very
poorly and
with total
disrespect. It
left us without
anything.”



Marietta Beckles

the employees before they go
to a lawyer to make their case.

"We need to make sure we
get paid," she said.

"To guarantee we get the
money when the Property, is
sold.

"I have a mortgage to pay
school fees and a million things
on top of that."

But it is not just the money
employees are disappointed
over — they are sad to leave
their jobs too.

Elise Carroll, 53, has worked |

at Pioneer for 27 years, and says

work anywhere else.

"After being with the same
people for 27 years, I cannot
imagine going somewhere new.

"We are like family, and we

: always willbe."

Operations at Pioneer Ship-
ping ceased on Friday and will

. now be run by Laser Interna-

Your company ase
plan should be too.

tional Freight Transport in Mia-
mi and The Mailboat Company
at Arawak Cay in Nassau.

Pioneer Shipping bosses were
unavailable for comment yes-
terday.





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PIONEER SHIP-
PING’S redundant
customer service
team: Marietta
Beckles, Felicia
Capron, Winifred
Barnet, Ida Lewis
and Elsie Carroll.

â„¢ PHOTO:

Megan
Reynolds

























































































THE TRIBUNE

TUESDAY, MAY 27, 2008, PAGE 3



LOCAL NEWS





PM to launch
Caribbean
Challenge

by video
message



PRIME Minister Hubert
Ingraham will officially launch
by video-recorded message the
Caribbean Challenge — an effort
to secure funding for the pro-
tection of a minimum of 10 per
cent of their coastal and marine
habitats by 2012. ~

The initiative is part of the
Ninth Conference of the Parties
(COP9) to the Convention on
Biological Diversity underway
in Bonn, Germany.

Mr Ingraham will launch the

challenge on Tuesday, May 27°

during a high-level event held
by the Bahamas government in
conjunction with the Global
Island Partnership Initiative.

. Minister of Public Works and
Transport Earl Deveaux is
heading the Bahamas delega-
tion to the Bonn Conference.

He is accompanied by Philip

Weech, director of the BEST
Commission; Deon Stewart and
Stacy Lubin-Gray, BEST Com-
mission environmental officers;
Eric Carey, executive director
of the Bahamas National Trust
and Eleanor Phillips, director of
the Nature Conservancy’s north-
ern Caribbean programme.

The initiative is expected to
provide more than $40 million in
protected area trust funds for
the protection of marine and
coastal habitats.

The Bahamas National Pro-
tected Area Trust Fund is
expected to be established with
an initial infusion of $12 million.

Signed by 150 government
leaders at the 1992 Rio Earth

Summit, the Convention on Bio-
logical Diversity is dedicated to
promoting sustainable develop-
ment. i {

The convention recognises
that biological diversity is about
more:than plants, animals and
micro organisms and their

ecosystems, but people and the,

need for food security, medi-
cines, fresh air and water, shel-
ter, and a clean and healthy
environment in which to live..

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By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net

POLICE made another big
drug bust last night when DEU
officers seized $250,000 worth
of marijuana after a high speed
chase down Baillou Road.

At around 8pm at a ramp in

the East Bay Street area, police.

noticed items being off-loaded
from a go-fast vessel on to the
back of a black Ford Ranger

‘Truck, according to Assistant

Superintendent Walter Evans.
_ Acar chase ensued between

the officers and three occupants
of the truck, which ended up at
the Town Centre Mall. ,

Three men were taken into
custody by police in the area of
the mall after the truck hit a
wall in the area and two of the
occupants attempted to flee,
according to Evans. Upon
searching the truck, police
found 244 pounds of marijua-
na wrapped in crocus sack bags
and in coolers.

Two of the men taken into
police custody regarding this
investigation are Bahamian and
the other is a Jamaican.

This seizure came only hours
after $600,000 worth of mari-
juana was discovered by DEU
officers at a home in southern
New Providence.

On Sunday morning, police
raided the house on Winder’s
Terrace, near East Street South
and discovered 11 crocus sacks,
and four taped packages of mar-
ijuana. The drugs weighed 576
pounds. Four men were arrest-
ed and are currently in police
custody in connection with this
drug find.

Just over a week ago, police
also made another high profile

... but police downplay
fears of trafficking rise

@ By LISA LAWLOR
Tribune Junior Reporter



DESPITE a string of huge drug
finds over the last few months,
police are downplaying fears that
there is an increase in trafficking
through the Bahamas, and say
that narcotics production here is
only minimal.

Yesterday; Acting Assistant
Commissioner of Police Ray-
mond. Gibson claimed. the

increased size and frequency of. .

drug seizures is due to the
improved level of collaboration
between the public and police and
better interdiction strategies on
the part of the Drug Enforcement
Unit (DEU) and other law
enforcement officials.

"There has been a consistent
flow of drugs through the

Bahamas over the past years, des-.

tined for other countries like the
US," he said, "we're not a pro-
ducing country though."

‘In response to questions sur-
rounding the US State Depart-
ment’s annual International Nar-
cotics Control Strategy Report
(INCSRY‘ which statés ‘that the

' Bahamas is now a producer of

marijuana on top of ‘its existing
role as a transit country, AACP
Gibson said that while police offi-
cers have discovered some local

_ marijuana fields, they are not

nearly large enough or numerous
enough to be compared to other
country's high levels of-drug
growth. .

"Marijuana fields have been
discovered in Abaco, Grand
Bahama, and Andros primarily,"
he said, "but only on a small scale
of production."

But, as previously reported,
one marijuana field discovered
recently on Andros contained
more than 3,000 plants. It was
described as a "multi-million dol-
lar" field at the time.

In addition to several Bahami-
ans, a number of foreign nationals
have been arrested for question-
ing in connection with the drug
field finds, particularly Jamaicans.

This fact was noted in the US

State Department’s report.

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Felipé Major/Tribune staff

“DRUGS HAUL: Nearly $600,000 worth of marijuana was seized by officers

»<“from the Drug Enforcement:Unit when they raided a home over the

_weeken on Winder’s Terrace, near East Street south.



drug seizure at a Bougainvillea
Avenue home. More than one
ton of marijuana was seized by
police on this occasion, worth
approximately $1.2 million. The
marijuana was found along with
three 9mm handguns and a box
of ammunition.

A shoe box containing

$120,000 in US and Bahamian |
currency was also discovered in
the raid. Days later, police sent ,

;
4

In brief |DEU OFFICERS SEIZE MORE THAN $250,000 WORTH OF MARIJUANA

Drug bust after chase:



ot

out wanted posters for Melvin ~ ,

Maycock Sr and Danella Nixon,

who are wanted for question- ;

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dent.

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PAGE 4, TUESDAY, MAY 27, 2008

EDITORIAL/LETTERS TO THE EDITOR

THE TRIBUNE





The Tribune Limited

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

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

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

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

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

Poor public service costing business

YESTERDAY morning’s headline in the
Business section of the Tribune — “Price
control delays cause rice shortage” — is a
perfect example of what happens when gov-
ernment.systems and their handlers are inef-
ficient.

Last week Prime Minister Ingraham
announced that government is partnering
with the College of the Bahamas and the
“Caribbean Centre for Development Admin-
istration to transform the public service into
a service that does in fact serve the commu-
nity —-and does so efficiently.

There is no section of the public service

with which we can honestly say we enjoy

working. Of course, there are individuals who
are an exception to that statement, but one or
two efficient, helpful persons cannot change
the end results of a whole department. Unfor-
tunately, in dealing with these departments
one gets the distinct impression that time
means nothing. In business it means every-
thing — as the present rice shortage so clear-
‘ly shows. Time can mean the difference
between a contract signed or a proposal lost.
And if a contract cannot be signed without
receiving approval from a government
department, there is the very real possibility,
particularly if time is of the'essence; that a
business opportunity will have’ been lost.

What does such a loss meari to a slow-moving *! °

civil servant? Ho-hum — nothing! You were
just a nuisance who intruded on his/her
unhurried life that day.
Today with markets so. volatile, especially
’ the food market, wholesalers are on their
internets daily watching the rise, fall and col-
lapse of items as prices continue to climb.
To meet market demands wholesalers have

to have minds sufficiently agile to react to -

-trends and make rapid decisions to assist
retailers in pricing their goods. Retailers, in
turn, have to move quickly to get those sta-
ples, stamped with their correct prices, on

- their shelves to meet the demands of their
customers.

As it was reported in yesterday’ s Tribune
whenever import costs rise, Bahamian com-
panies are forced to apply to the Price Con-
trol Department for an increase in the prices
they can charge. .

Both wholesalers and retailers have com-
plained that the Price Control Department is
not responding in a timeframe to match the
fluctuating markets, leaving them facing loss-
es on shipments where price increases have

BS Bank
Financing
Available

on the

p ot ae

not been approved. ;

The result: Orders are cut back until
approval can be obtained, resulting in short-
ages and angry consumers.

Obviously the bureaucratic red tape is too
cumbersome to react with agility to what is
happening in the markets/ Once requests are
submitted to the Price Control Department

- they have to be forwarded for approval to the

Attorney General’s office — an office already
overburdened by the demands being put on it
by the. growing criminal population.

Many in the private sector quite rightly
consider this an unnecessary time consuming
process. According to our report, a govern-
ment official acknowledged that the process
is long, but said it is necessary. If this is the
best that can be done, then — unless of
course there are to be.more shortages in sta-
ple foods — such bureaucracy is not neces-
sary. We agree, with The Nassau Institute
that price control should be abolished —
competition in the market place will keep
prices down. We can give the example of a
very fine doctor who charges $25 per office
visit. Charges for GP’s range from $35 to $60
per visit — of course specialists are in the

$100-$200 range. In his own ‘specialty’ the $25 ‘
‘doctor is among the'top. As a consequence of -

his fees his office is never empty.

There are times when we have felt that'a‘:

civil servant has prolonged a process to add
importance to his/her job — giving the
impression of a work overload.

We remember several years ago going to _.
‘the small department that issues permits to

bring puppies into the Bahamas. We walked
into a very small office. The office was emp-
ty of persons to be served: We interrupted a

’ leisurely conversation between the two staff

members in the office. They appeared to
have the afternoon off with nothing better to
do than gossip. All that had to be done was
for a form to be dated, stamped and signed.
Instead we were told that this two minute
job would take a day. We had to return the
next day to collect the form. It is times like
these that we find ourselves repeatedly count-
ing to 10 to hold back an explosion. This is the
type of attitude among many civil servants
that has forced us to learn patience.

This episode in this small, under-worked .

department was a minor irritant. It is the lack
of urgency in larger departments with impor-
tant permits to issue that can bring a business
to near collapse.

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Even God
can’t hide
any more

EDITOR, The Tribune.

IF one were to believe in
Divine Providence, then the last
election would fit into God’s
intervention into human affairs.
The fact is though, because the
Divine has created us with free
will, there is really no interfer-
ence into man’s actions on a

daily basis, otherwise the ‘gift’

of free will/choice would be a
falsehood.

Whether it’s an election won
by the PLP or the FNM, the
phenomenon is really the result
of the individual and collective
consciousness of the populace.

It is for this reason that we
always get the government we
deserve.

It is not that we are being
punished by our ill choice, but
rather we elect the course of
action dictated by what we can
perceive as being our lot in life
or the level of our deserving
power. -

This fact is brought out very
dramatically by the results in
our recent general election in
which approximately fifty per
cent of the population sided
with one faction and fifty with
the other.

There are really no ideologi-
cal differences between the two
political organisations, since the
level of perception in the nation
runs pretty much in the dimen-
sion of ‘comme ci comme ¢a.’

The problem really is relat-

. ed to the fact that we do not.

hold our political leaders

accountable on an objective and ©

nationally based level. They are
usually allowed to operate with
stark indifference immediately
after their election.

Then it’s only after a period
of utter frustration with them
that the electorate deems it fit
to readjust their thinking .and
allow a bit of divine wisdom to
seep into their usually closed
and politically myopic vision.

' By then five long years have
passed and politically hungry
and power thirsty individuals
have already wreaked massive
havoc on the psyche of the
nation.

This state of affairs i is allowed
to exist based upon the widely
held perception that the divine
right of kings still applies to
elected political officials.

However, that political/reli-
gious fallacy has long been gone
into happy oblivion.

Already there is a crescendo
of hues and cries about the mis-
management of the national
affairs by the present adminis-
tration. .

Therein, the political and
social pundits have given their
various views on the perfor-
mances of various ministers and
ministries. Some have been
objective and believable in their
assessment, while others, obvi-
ously guided by their individ-
ual political bias, have given us
a totally skewed view of the sta-
tus:quo.

After the campaigns of basi-
cally seductive and mesmeris-
ing speeches, grandiose promis-
es and questionable personae,

ed BNE

Pilot net



the election takes place, and
then individuals are catapulted

‘into unfamiliar territories, faced ~

with the daunting task to imme-
diately rejuvenate the nation.

However, virtually seventy-
five per cent of our leaders’
time is spent in personal vendet-
tas to the extent that the hon-
ourable men and women send a
drunken message of hatred,
malice, hostility and rancour
which reduces parliament to a
hall of paralysis.

I maintain my long-held and
expressed view that twelve to
eighteen enlightened and spiri-
tual (not religious) business per-
sons, reflecting a new. con-
sciousness of human dignity,
could run this small country
extremely efficiently, like a busi-
ness with human/divine vision
and intelligence.

In any event our democracy is
a misnomer since the people
have little or nothing to say
about what good or bad is done
in their name.

We hire individuals to run
our business and they, in short
order, assume personal owner-
ship of it, often with grave and
irreparable consequences.

Their energies are tied up in a
desperate attempt to lay a firm
foundation for their personal
and selfish power and control.

Thank God, we can carry out

this game every five years, thus

maintaining the hope that soon-
er or later we will get it right.

The problem, though, is that
we will not do so until we recog-
nise the grandeur of our own
nature and not accept anything
simply because we perceive it
as being imposed upon us by
the good-for-nothing devil or
our angry God.

Political leaders, as well as
many religious ones have duped
us into denying every level of
goodness within ourselves, thus
creating a basis of power upon
which they can perpetuate their
domination and manipulation
of the consciousness of thou-
sands of individual citizens.

You take away the divinity
within us and implant aspects

- of demonic subjugation and

fear, then absolute control
becomes the ultimate result.

It is no stretch of the imagi-
nation to know that the two
most powerful forces in the
land, religious and political,
have so fine tuned this decep-
tion that thousands believe the
gates of heaven and hell are
under their control. In this man-
ner, they can so easily seduce,
rape and violate the gullible
with impunity.

But sooner or later these
monolithic and hellish institu-
tions, based upon deception will
come tumbling down and what
will remain forever is the essen-
tial essence of our godly her-
itage. One may enslave the myr-
iad of aspects of the human con-
dition, but the fundamental

purity of our soul will eternally
abide intact.

It is in this context that the
‘controversial’ remarks made
by Madam Justice Sawyer
recently would indeed prick the
conscience of many religious
ministers.

Bless her heart for. express-
ing a truth, about religious free-
dom which has degenerated in
pure license to propagate one’s

- own misdirected version of God

and dogma.

These so-called leaders have
damned so many long before
the compassionate and loving
God: could welcome them into
the bosom of divine grace.

Ignorantly, they have done
so in the very name of this
benevolent being about whom
they know little or nothing.
Indeed they do know the weak-
nesses of the human condition
and ceremoniously manipulate
that to their political, religious
and monetary advantage.

Their systematic abuse of per-
sons constitutes the greatest vio-
lence to the human spirit and
creates the fertile soil in which

: irreparable damage is done to

individuals and society as a
whole. It is in this regard that
the name of God is taken in
vain as it is used to systemati-
cally and viciously attempt to
rob the human/angels of their

- value, worth and divinity.

Even God can’t hide any
longer as a myriad of these nine
ninety-nine (dollars) and nine-

teen, ninety-nine Self-ordained |
ministers (Reverend :.“Doctors’ «
and ‘Bishops’ ),, lay; claim, to,.a,:

direct and’ exclusive uplink | to
God all over this nation.

Unfortunately, the commu-
nication is usually one-way and
shrouded in a mixture of human
concoctions. |

eee

aw

Ve ww ot —e

re Vee we wee

met

—

~

were

me ee ete

we

Box? wo er ey —_

. vee

If these good gentlemen, and ,

progressively more gentle

ladies, would stick to the uncon- |
ditional love of God, the com- ,

passionate and forgiving nature
of the God portrayed in the sto-
ry of the ‘Prodigal Son,’ then

violence could and would not '

be so dramatically prevail in our |

so-called religious nation.
Spirituality is simply the

awareness of and the connec-

tion to our divinity.

This level of consciousness, ;
unfortunately, is abominably :
absent in too many of these so- :
called leaders which results in .

the blind leading the blind.

True vision of our divinity ;
comes through a heart that’s ,
pure and open to the wisdom ;
of God, without any agenda but |

to love and be loved. |
It seeks no power, no status,
no monetary rewards, but sim-

ply yearns for the grandeur of |
the consciousness of God’s }

abiding presence in all of us.
This divine entity, ‘hiding’

silently and deeply within all of .
us yearns to be felt, experienced :
and embraced without the pol- :
luting interference of any other :

human grandiose aspects.

JOSEPH DARVILLE
Freeport,
May 17, 2008.

Calling young people - experience the :
satisfaction of making a difference!

EDITOR, The Tribune.

RECENTLY our young.

adults have been the forefront
of the news media, and unfor-
tunately it is not for good rea-
sons.

There is a noted problem that
has arisen with our young adult

’ populace and I do not write to

delve further into this.

Instead, I wish to remind the
Bahamian community that
there are young adults in our
country who are working to
improve conditions for the less
fortunate.

Two weekends ago my
Rotaract Club who is sponsored
by Rotary of East Nassau were
given the privilege to attend this
year’s Rotary and Rotaract con-
ferences held on our island.

We met other young adults
from countries throughout the
Caribbean who were as dedi-
cated to improving their quality
of life as we were. '

Also, we met many clubs that
had already made a difference
in their communities and were
inspired by their hard work and
great results.

This conference allowed us
to gain lots of ideas for projects
we can implement in The
Bahamas to improve our stan-
dard of living.

At the end of the weekend I
could see the increased energy
in my club members who now
cannot wait to get started on
our plans for 2008.

I'm sure you will be seeing
some great things from us and I
promise to keep you updated!

Already we have painted the
Bahamas Association for the
Physically Disabled with help
from our sponsoring Rotary
Club. After we finished painting
it felt really good to do some-
thing in our community to make
a difference and this will not be
the last project we complete. So
far we are on the right track

‘thanks to the sponsors who gen-

erously paid for us to attend this
informative conference.

Now we are really equipped
to make a difference in our
community and I cannot say this
would be the same without their
donations.

I want to encourage all young

adults to think of somewhere
they would enjoy putting in
some volunteer time and just
go ahead and try it.

They may be surprised at
how good it feels to make a pos-
itive change in the community.
So far I think my fellow
Rotaractor’s are getting addict-

_ ed to this feeling!

NOELLE DORSETT
Secretary,

Rotaract Club

of East Nassau

Nassau,
May, 2008.



THE TRIBUNE

TUESDAY, MAY 27, 2008, PAGE 5



LOCAL NEWS



© In brief

Man charged
with having
sex with girl,
aged 11

A 25-year-old Haitian man
of Lyon Road was remanded
to prison yesterday after being
charged with having sex with
an 11-year-old girl.

According to court dockets,
it was alleged that Kevin Paul

committed the offense on

Tuesday, May 20.

Paul, who appeared before
Magistrate Derence Rolle at
Court Five in Bank Lane, was
not required to plead to the
charge.

The prosecution objected to
bail on the grounds that he
might interfere with the com-
plainant if released on bail.

Paul was remanded to Her
Majesty’s Prison and the case
was adjourned to J july 1:

Rape charge

e A 26-year-old Podoleo’

Street man was arraigned in
Magistrate’s Court yesterday,

charged with raping a 16-year-
old girl.
Divon Seymour was

arraigned before Magistrate
Derence Rolle at Court Five
‘in Bank Lane yesterday on the
charge of rape.

According to court dockets,
it is alleged that Seymour
committed the offense on Sun-
day, May 11.

Seymour was not required
to plead to the charge:

The prosecution objected to
bail citing that Seymour has
another matter of similar

nature pending in Supreme’

Court.

Seymour was remanded to
Her Majesty’s Prison. The
case was adjourned to July 7.

Dance to raise.
funds for Sea

Hauler victims

A DANCE is being held
this week to raise money for
Sea Hauler victims who
received nothing as a result of

the government’s recent ex- |

gratia payment. .

The event is being held at
Charlie’s, the former 601 Club
in East Bay Street, on May 30
(pm).

Joint organiser Stephen
Rose told The Tribune:
“Everyone is pleased that the
government made this pay-
ment, but some victims got
nothing. This dance aims to
raise money for them, too.”

. -The government’s decision
to give $1 million to victims
of the fatal sea collision fol-
lowed a prolonged campaign
for justice by those aboard the
Sea Hauler at the time of the
tragedy.

Several Bahamian artistes
are performing at the dance,
billed as “A Night of Sweet
Bahamian Music”.

Peceoecesccsecoosessesoesoosees

INSIGHT

For the stories
behind the news,
read Insight on
Mondays

Peceseceseescccessooooveescess

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.



Redevelopment plans
for Arawak Cay fish fry
suspended — sources

@ By REUBEN SHEARER



ALL plans to redevelop
the Arawak Cay fish fry

‘before the Junkanoo in June

festival kicks off have -been
suspended until further
notice, sources have claimed.

This was disclosed as
sketchy details emerged yes-
terday about the develop-
ment plans Agriculture Min-
ister Larry Cartwright
revealed to Arawak Cay ven-
dors last week.

Just after the 2007 elec-
tion, it came to light that the
FNM planned to entertain
strategies to move the down-
town port facilities to the

_Cay, delaying or doing away

with the former government’s
plan to move the docks to the
southern coast of New Prov-
idence. Sources claim that
whatever the plans, there has

-been no talk of demolishing

any of the structures present-
ly on Arawak Cay.

They said that as part of .

the move, the popular “fish
fry” aréa will actually be
improved in terms of appear-
ance, and other amenities will
be created nearby.

The Tribune’s sources say
this information was revealed
at a meeting last week which

the press — despite having
been invited — was barred
from attending.

On Friday, The Tribune

«Feported that vendors reject-

ed Mr Cartwright’s sugges-
tion that stalls and shacks
suspend operations for up to
two months so the area could
be redeveloped.

If vendors had approved
the plans last week, develop-
ment would have com-
menced before the launch of
the Junkanoo in June festi-
val, which runs into August.

According to persons who
attended the meeting, the
government is proposing to
dredge the area around
Arawak Cay to construct a
new seaport, and to provide
more land developments.

Sources claim Mr

Cartwright said that dredg-

ing the seaport, would create
more land, allowing the fish
fry to extend past its present
site. It was also disclosed that
Mr Cartwright proposed the
two-month downtime mainly
for the Mediterranean Ship-
ping Company to fix the sew-
erage back-up problem on

. the northern side of the stalls.

But vendors believe that it
is not necessary for them to

close down for so long.

“T would like to suggest
that government has their
own agenda that we are not
aware of, in terms of rede-
veloping the sewerage sys-
tem,” one source said.

‘Apparently, the minister
requested a report from ven-

dors outlining alternative |

methods that "technocrats"
could use, in an effort to min-
imize the business downtime.

He claimed that Mr
Cartwright only requested
this after vendors accused
him and government for
excluding them from the
negotiation process with the
developers.

'. “They’re also talking about

addressing the parking prob-

lems by erecting new park- ©

ing stands for taxis and vehi-
cles,” the source added. «
Speaking with The Tribune
yesterday, Mr Cartwright
said that development plans

‘for Arawak Cay would not

be released until the vendors
send him their report.

The minister added that
although he and government

are taking the suggestions of .
. the vendors into considera-
tion, it does not mean they

will abandon their initial
plans.

Larry Cartwright



lm By TANEKA THOMPSON
Tribune Staff Reporter

SORTER OHADURE TIER het “4





te

ATWO: day. pers fora

missing boater whose: empty,

sailboat was found 20 miles
north of West End, Grand
Bahama has been called off,
BASRA officials said yester-
day.

The missing man has been

identified by international.

reports as Pierre Steenberg, a
native of Denmark.

At press time yesterday, the
Holo Ki Ki was en route to
Freeport from Old Bahama
Bay for further inspection and
processing.

Chairman of BASRA Grand
Bahama Justin Snisky said the
investigation into the boater's

whereabouts is now in the.

hands of the Royal Bahamas
Police Force.

Although it is not known
exactly how the missing boater
fell overboard, officials believe
he fell during a weekend
storm.

"The vessel has a tracking

device, and this information
showed that the sailboat came

from. 4 southwest’ ‘direction |
heading toa northwest direc:

tion cruising at:10 knots.

“At about.6 pm on Satur-

day, the -vessel's speed
decreased. to just under one
knot —.around the same time
a major storm hit the northern
banks of Grand Bahama ,

‘said Mr Snisky.

BASRA was notified Sun-
day morning around 6am that
a good Samaritan vessel pass-
ing the area spotted the boat
with its sail up, manoeuvring
by itself with no visible sign of
anyone on board. Upon closer
inspection and upon boarding
the boat, the good Samaritan
discovered no one was
onboard.

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The US Coast Guard was
soon notified and launched a

joint search effort with BAS--

RA Grand Bahama for the

missing-man. which came..up. -

negative, said Mr-Snisky.
‘During the search for the
Danish boater,.a US Coast

Guard helicopter | came across
a 35-foot capsized vessel

approximately 6-8 miles from %

the Holo Ki Ki. :
_A. vessel was dispatched to

the scene and divers who.
-entered-the shark infested: .
* discovered . four

waters

Rosetta St.



P man missing at sea has heen called off

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page 1).

The vessel had major hull
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PAGE 6, TUESDAY, MAY 27, 2008



THE TRIBUNE





GAMBIER

Gambier Village is said to be Nassau’s oldest settlement, having been established around the 1830s. The res-
idents of the colourful neighbourhood, with its Out Island feel, have few complaints. They are proud of its com-
munity spirit and self-sufficiency, and were keen to tell The Tribune all about the historic village during a vis-

it yesterday.

@ ‘GENERAL THE GREEK’ JAMES KNOWLES

Giving back by keeping
people in good health

General the Greek”, also known as 48-year old

James Knowles, was born in Gambier and took it
upon himself to give The Tribune a full tour of the settle-
ment. He is very satisfied with his life in Gambier, which
consists of working for his cousin’s dredging business and
living in a house left to him by his mother. He gives back
to the community by doing his bit to keep its people in
good health.

“People are eating too much. So what we normally does |
is we say, ‘Man lets go exercise’. Then after exercise, they |
start eating back again. Then they go on the-scale and they |.
put on a few pounds. They say, ‘General the Greek, how .
come I put on two more pounds?’ I said “Because you did-
n’t work hard enough! Let’s go! Hit the road, jack!’.”

General heads a group of around 13 people from the vil-
lage who try to go jogging and swimming on the beach
every morning before sunrise.

“We normally go jogging like five in the morning. We’ve
got to be back home at about 6.30am.

“The first one who gets up — if I get up at 4.30am — I
knock on each door: ‘Let’s get ready, let’s go’.

“There’s about 13 in the team. Now the weather’s chang-
ing we’re getting back into it.

“When it gets really rough, we take a break.”





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li JAMES FERNANDER
‘It’s emancipation
day for us here’



Gr village is gearing up to celebrate its annual Gam-
bier Day. On the first Monday in August the residents of

the village, which was founded by freed slaves, will celebrate the day
that their ancestors. achieved liberty.

“Tt’s emancipation (day) for us here. Twenty years ago we start-
ed it back up again. It has everything that you could imagine,” said
James Fernander, JP, 71. Besides dealing with almost any other
issue that comes up in the community, the Gambier Community
Development Association organises the annual festivities.

Mr Fernander, also the proprietor of a large vegetable and live-
stock farm located at the back of the village, thinks Gambier is the
best place to live in New Providence outside of a gated-communi-
ty. “Here in Gambier it’s pretty good. In the fancy areas they have

‘bars on your windows and here in Gambier we don’t use bars

because everybody knows each other and people try to live with
each other the way they ought to. And besides, most people i in this
area are one family,” he said.

However, he isn’t too pleased about the large group of bikers that

“come through every Sunday to hang out at the popular Rhoda’s bar.

“They make alot of disturbance, and they don’t care about peo-

ple’s feelings. They litter the village and then they go, and some- .

body’s got to clean it up,” he said.



A Subsidiary of Sant



DOWN YOUR

TRE





ALISON LOWE
ne Staff Reporter
TIM CLARKE

Let’s. get rid of
the cars and litter

VV illagers would like to see the masses of dumped
’ ears and litter that blight parts of their settlement

gone. Damaged hulks are strewn all over empty lots, with
weeds growing up around them. The Department of Envi-
ronmental Health Services, in conjunction with the Gam-
bier Community Development Association, has marked
many of them out for removal, and locals are optimistic the
unsighlty wrecks and garbage will soon be gone.



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Bobo” moved to the village from the Grove around
four years ago. This more like the islands. Up town it’s
more like the city. It’s comfortable, it’s more quiet. You
come in the back here and.you-can clear your mind,” he said. .

i ALEXANDER FERNANDER

‘We need to market Gambier
as the original slave village’

a GEORGETT E McPHEE
-“You can leave your house open at night’



he Village has done good
by Georgette McPhee, aged
27. She has lived there all her life,
but only in the last six months
opened her own restaurant serving
Bahamian favourites like crack-
conch and hamburgers to hungry
local workers and residents,

Business i is,‘going well”, she said.

“T like, to ¢ook, my mum was a.
cook, ‘That’s in my heritage, cooking.
is me and I wanted other people to:
taste what I cook. People i in the
area, who do construction, they
come here to get lunch, because oth-
erwise they have to go far out.”

_ She loves the quiet security of the
area.

“There’s no strangers in Gambier.
Everyone is related to someone in
‘some kind of way. There’s no vio-' |
lence. You can leave your house
open at night and go to sleep.
Nobody will break in your house
because everybody knows every-
body around here,” she said.




r Fernander’s son, 49 year-old Alexander Fernander,
is calling on the government to “take the initiative”
to market Gambier Village as‘a tourist attraction so business

opportunities for locals can be created. ¥

“They is trying to sell the Clifton heritage but there ain’t
nobody really there. Gambier still has the original people. They
could encourage people to put up a little stall, fruit stands, mar-
ket stands. When they come here, then the people don’t have to
look for a job, the tourists provide a job. We need to market
Gambier as the original slave village. What the tourists want to
see is the real origins.’

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Atlantic House, 2nd Terrace & Collins Avenue, Nassau, P.O. Box N-3540 Tel. 326 7100



a ee





Community has

started to change

in recent times

dentified by ‘General the Greek’ as the Vil-

lage’s most senior citizen, Aunty Ethel, who
has outlived six brothers, and seven sisters, will
enter her. ninth decade in Gambier Village later
this year. Despite the loss of her own family mem-
bers, she does not feel lonely. “I would say the Vil-
lage in general is my relative,” she said.

"Though she could chronicle the history of Gam-
bier for almost a century, Aunty Ethel claims that
the community has only started to change in recent
times.

“The changes just begin. In the early days the old
people were real, natural.
“When I say that, they really cared for each oth-

, CF.

“They had the ain you call L.O.V.E. What
most of the young people today doesn’t realise is
that is the only thing keeps us together,” she said.

“Tt’s the people that come in that makes the dif-
ference. People from, outside, they have negative
attitudes. Other than that everything is just alright,”
she added.






























PYey-elOkelp

SAVE $$$ when you claim- you keep most of your NCD when you claim

Security & General is rated A-
(excell llent) by AM Best.

ee

-



PAGE 8, TUESDAY, MAY 27, 2008

THE TRIBUNE







Govt is committed

to helping local
businesses, says
Senator Kay Smith

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

FREEPORT - Senator Kay
Smith said the FNM govern-
ment is committed to helping
local businesses grow and
expand. |

“The recent amendment to
the Hotels Encouragement Act
will send an important signal in
this regard,” she said. ~

Senator Smith was speaking
at the opening of a $7 million
sand mining and marina devel-
opment off the Warren J Levar-
ity Highway. The facility was
established by Nassau Island
Development.

Senator Smith said the.

amendment will permit restau-
rants, bars and other businesses
that cater to tourists, access to
customs duty concessions on the
importation of materials for the
construction, refurbishment
and/or upgrade of their premis-
es in designated tourist areas.

Senator Smith pointed out
that the new amendment to the
Local Government Act will be
beneficial as well.

She explained that it empow-
ers local government districts
to approve the construction of
wooden piers without the per-

Learn ‘ticketing and reservations procedures in
just a few short weeks. Travel agents are in high

demand. Get the training you need to qualify for a
high- paying job or to start your own business.

New classes are forming now. Call Success for registration'and program details, 324-7770:

_ 2008



KIA MOTORS

The Power to Surprise”

mission of the central govern-
ment in Nassau; facilitating
developments that will permit
small hotels and guest houses,
primarily in the Family Islands,
to attract small boaters to their
facilities.

She-also stated that Prime
Minister Hubert Ingraham has
foreshadowed the introduction
of another new Bill, which will
enable Bahamians to access cus-
toms. duty concessions for a
wider cross section of business-
es which cater to tourists. It
would cover cultural facilities,
sporting amenities and upscale
restaurants.

Mrs Smith said that another
bill under consideration would
provide for the exemption of
customs duty on materials
required for the construction
and upgrade of specific airports.
It would cover furniture and
other material imported for the
expansion and upgrade of air-
ports.

“Many of these bills will ben-
efit businesses currently oper-
ating outside of the Freeport
area.

“Our administration is com-
mitted to Grand Bahama’s eco-
nomic recovery and our poli-
cies and programmes in the next
budget will reflect a direction
toward restoration,” she said.




















Teal HU Sy eA ahs) MANAGER: Eloise eet

Jim Lawlor

“I’m excited

to be here;I &
Peace sks (elo melt

Saye ives tele emma



“Grysul Pa lac ino
welcomes Eloise Scavella





Crystal Palace Casino has
welcomed Eloise Scavella as its
new guest services manager.

In a statement issued yester-
day, Crystal Palace said Ms
Scavella brings to the company
a wealth of knowledge and
international experience in casi-
no operations.

Bahamian born, Eloise Scav-
ella has returned home after
completing a master’s degree in

training and development at the —

University of Wisconsin-Stout
and has worked in various posi-
tions at
Harrah’s
Entertain-
ment,

senior
training
and devel-
opment
specialist at
Caesars
Palace.

As guest

tal Palace Casino,. Ms Scavel-
la’s duties will include conduct-
ing analysis on the satisfaction
levels of casino guests, non-
management and management
associates; implementing casi-
no guest training initiatives, and
partnering with hotel operations
to develop annual casino com-
pliance training programmes.
.Ms Scavella will also oversee
and provide feedback to casino
executive management on feed-
back surveys and training.

_ “Tm excited to be here; I con-
sider it an honour to be a part of
the growth and development of
this company in addition to

including as ©

services manager of the Crys- ,

tourism advancement in my
country,” she said.

Crystal Palace Casino man-
ager‘Denise Rahming said that
the company prides itself on hir-
ing associates and managers of a
high calibre — and that Ms Scav-
ella is representative of this.

“Ms Scavella brings interna-
tional experience to our organ-
isation and we value this kind of
contribution. Her qualifications
are in line with the first class
standards. we promote and
uphold at the Crystal Palace
Casino,” said Mrs Rahming.

Ms Scavella will begin a Crys-
tal Service which is designed to
evaluate standards of casino
associates, provide an outline
of operation efficiency and pro-
vide training for casino associ-
ates. The programme will also
include detailed surveys for
guests of the casino and surveys
for casino staff.

“The Crystal Service will be a
programme that will train asso-
ciates to exceed guests’ expec-
tations; having guidelines in
place gives a barometer of how
to proceed. Standards help to
set markers of success. We need
to know how well we are doing
in the Crystal Palace Casino,
how well associates are being
managed, how well they enjoy |
their jobs and how able they are
to do their jobs,” said Ms Scay-
ella. In June, training for Crys-
tal Service will begin for casi-
no associates.

Thereafter, casino guests will
be asked to contribute to
detailed surveys in an effort to
evaluate their experiences at
the Crystal Palace Casino.

Historian and author to talk on life of Shadrach Kerr

Jim Lawlor, historian and author of "The Habour Island Story" is
giving a talk this Thursday, May 29 on the subject of Shadrach Kerr, a
free black boy who was born in 1832 in Nassau and became the first
ordained Baptist Minister in the Bahamas.

He lived.,a life of service to others: as a boy he shared his life with Lib-
erated Africans; in his youth he was teacher and evangelist to the salt
raking islands of the Bahamas; as a young man he dedicated himself to
theology and was ordained in England.

He served with valour through the 1866 Hurricane in Turks Island,
revolutions in Haiti and desperate working conditions in Panama and
Florida. Shadrach Kerr's early life coincided with a crucial time in
Bahamian history from ‘the emancipation from slavery through to

post: disendowment and disestablishment of the Anglican Church,

which brought the freedom to worship in the denomination of choice.
The success of the Baptist faith in the Bahamas has been due to the
strength and dedication of men like Shadrach Kerr.

0 THE WORLD

The Bahamas Telecommunications Company, Limited (BTC)

GOVERNMENT NOTICE

Invitation for Proposals

The Bahamas Telecommunications Company Limited (BIC) is soliciting proposals.
from qualified parties to provide a “War Gaming Proposal”,

BIC is seeking to secure the services of a consultant or agency to oidlize the opera-

“tional and marketing performance and strategies of BIC with respect fo ifs mobile
market segment, The agency or consultant is expected fo provide a proposal that
will introduce a “dummy” company by the name of Megacell into the marketplace
with the primary purpose of penetrating BIC’s mobile customer base.

Megacell will develop a full marketing and product roll out strategy fo be imple-

mented in a virtual environment. It should include the following:

* Launch plans and related collateral and activities

¢ Budgetary provisions for all marketing activities

* Marketing collateral geared fo specific and ongoing promotions, specials, and
other differentiators

* Pricing of goods and services, including seasonal pricings

* Strategy for corporate sponsorship and corporate civic citizenship

_* Wholesale and Retail Distribution strategy, including third party licensed retailers

and/or handset subsidies and pricings as may be applicable.

» Customer care strategies, including specific strategies for customer acquisition
and retention

¢ Strategies(both formal and informal) for managing and influencing the regulatory
environment and for competitor and market intelligence gathering

Interested parties may obtain further information, including eligibility fo participate
as of May 26, 2008 from the BIC Marketing Department, Bay Street, Nassau, Baha-
mas.

The 2008 Carens is an all-new model, only the name of the previ-
ous model has been retained. Longer, wider and taller than its
predecessor (by 55, 50 and 40 mm respectively), the latest
Carens does not share a single panel with the old model and its
smoother exterior, with elegant detalllng: results in significantly
improved aerodynamics.

Any queries should be directed to Eldri Ferguson, eferguson@btcbahamas.com ,
242-302-7540.

Please respond to this RFP by no later than July 8, 2008 addressed to:

Mr. Kirk Griffin

Executive Vice President

The Bahamas Telecommunications Company Limited
P, O. Box N-3048

John F. Kennedy Drive

Nassau, Bahamas

ON THE SPOT FINANCING AVAILABLE WITH
COMMONWEALTH BANK

INSURANCE AVAILABLE WITH ADVANTAGE
INSURANCE BROKERS & AGENTS LTD,

SANPIN MOTORS LIMITED
Thompson Blyd. Oaks Field

Phone: 242-326-6377

fax: 242-326-6315

Proposals will be opened 12 Noon, July 11, 2008, BIC Marketing Office, Bay Street.

BIC reserves the right to reject any or all proposals.





THE TRIBUNE

NOTICE * PUBLIC NOTICE *PUBLIC NO

YOUR CONNECTION-“TO THE WORLD

_ TUESDAY, MAY 27, 2008, PAGE 9

NOTICE *PUBLIC NOTICE *PUBLIC NOTICE



The Bahamas Telecommunications Company Lid invites tender for salvage used vehicles as listed.

All tenders should be sent to the attention of |. Kirk Griffin, Executive Vice President, P.O. Box N-3048, Nassau, Bahamas
in a sealed envelope clearly marked “Tender Salvaged Used Vehicle" to our JFK Administration office on
John F. Kennedy Drive, so as to arrive no later than June 5th, 2008 at 4pm.

%

Participants will be notified in writing of the selected bids.

Salvage vehicle can be viewed at BTC compound Perpall Tract between 9:00AM and 4:00PM Mondays through Fridays.

Tag #

T00118
T00119
T00120
T00123
T00124
T00125
T00150
T00271
T00272
T00274
700275
T00278
T00279
T00280
T00281
T00282
T00283
T00284
T00286
700287
T00297
T00402
T00403
100417
T00420
T00422
T00423
T00424
700426
100427
T00428
T00429 .
T00430
T00433
700435
700437
T00438
T00440
T00443
T00445
700448
T00454
T00458
T00460 »
To00492
T00535
TO0581.
T00583
T00585
T00587
TO0588
T00597
T00712
700714
T00721°
700722
700723
T00725
700728
T00734
T00735
100737
700738
T00741
T00744
T00748
T00750
T00751
T00754
TO0756:
T00763
T00764
T00768
T00769
T00770
100773
100774
100776
100777
100778
T00779
T00781
T00782
T00783
T00784
T00151
T00786
100788
T00789
T00790
T00795
T00796
T00797
T00798
T00799
T00804
T00806
T00815
T00851
T00862
T00867
T00873
T00886
T00887
T00925
T01000
T01001
T01003

Make & Model

Nissan Sentra 1994 T00118
Nissan Sentra 1994 T00119
Sentra Sedan 1994 T00120
Nissan Sedan 1994 T00123
‘Nissan Sentra 1994 T00124
Nissan Sentra 1994 T00125
Toyota Camry 2003 T00150
Nissan Sentra 1993 T00271
Nissan Sentra 1993 T00272
Nissan Sentra 1994 T00274
Nissan Sentra 1994 T00275
Nissan Sentra 1998 T00278
Nissan Sentra 1998 T00279
Nissan Sentra 1998 T00280
Nissan Sentra 1998 T00281
Nissan Sentra 1998 T00282
Kia Pride Sedan 1997 T00283
Kia Pride Sedan 1997 T00284 -
Nissan Sentra 1998 TO00286
Ford Escort 1998 T00287
Ford Sedan 1998 T00297
Ford E150 Van 1994 T00402
Ford.E150 Van 1994 T00403,
E150 Van 1996 T00417
Ford E150 Van 1996 T00420
Ford Aerostar 1996 T00422
AEROSTAR BUS
Ford Aerostar 1996 T00424
Ford Aerostar Van 1996 T00426
Aerostar Van 1996 T00427 :
Ford Aerostar Van 1996 T00428
Ford Aerostar Van 1996 T00429
FORD Van 1996 T00430 .
Ford E150 Van 1998 T00433
Ford E150 Van 1998 T00435
Ford Winstar 1998 700437

_ Ford Winstar 1998 T00438
Ford Minivan 1998 T00440
Ford E150 Van 1998 T00443
Ford E150. Van 1998 T00445
Ford E150 Van 1998 T00448
Ford E150 Van 1998 T00454
Dodge: Caravan 2001 T00458.

- Dodge Caravan 2001 T00460
Ford E350 Van 1998 T00492
Nissan Bus 1999 TO0535_—sx.
Ford E150 Van 1994 T00581
Ford E150. Van 1994 T00583

. Ford E150 Van 1994 T00585
Ford E150 Van 1994 T00587
Ford E150 Van 1994 TO00588
Ford E150 Van 1994 T00597
Ford P/u Truck 1994 T00712
Ford Ranger P/u 1994 T00714
Ford R P/u 1994 T00721
Ford Ranger P/u 1994 T00722
Ford Ranger P/u T00723
Ford Ranger P/u 1994 T00725
Ford Ranger P/u 1994 T00728
Ford Ranger P/u 1994 T00734
Ford Ranger P/u 1994 T00735

, Ford Ranger P/u 1994 T00737
Ford Ranger Truck 1994 T00738
Ford’ R P/u 1994 T00741
Ford Ranger Truck 1994 T00744

- Ford Ranger P/u 1994 T00748
Ford Ranger P/u 1994 T00750
Ford Ranger P/u 1994 T00751
Ford D21: P/u Truck 1995 T00754
‘Nissan D21 1995 T00756
Ford Ranger P/u 1996 T00763
Ford Ranger 1996 T00764
Ford. P/u Truck 1996 T00768
Ford R 1996 T00769
Ford Ranger P/u 1996.T00770
Ford R.P/U 1996 T00773
Ford Ranger 1996 T00774
Ford Ranger P/u 1996 T00776
Ford Ranger P/u 1996 T00777
Ford Ranger 1996. T00778
Ford Ranger P/u 1996 T00779
Ford Ranger P/u 1996 T00781
Ford Ranger P/u 1996 T00782
RANGER P/U TRUCK
Ford Ranger Truck 1996 T00784
Toyota Camry 2003 T00151
Ford Ranger Truck 1996 T00786
Ford Ranger P/u 1998 T00788 —
Ford Pickup Truck 1996 T00789
Ford Ranger P/u 1996 T00790
Ford Truck 1996 T00795
Ford Ranger Truck 1996 TO00796
Ford Ranger U/p 1996 T00797
Ford RTruck 1996 T00798
Ford Ranger P/u 1998 T00799
Ford F800 Truck 1996 TO00804 ©
Ford F350 Cargo 1996 TO0806
Ford F800 Truck 1998 T00815
Ford Crew 1990 T00851
Ford F450 Truck 1996 TO0862
Ford.F350 1996 T00867
F450 BUCKET TRUCK
F450 Lift Truck 1997 TO0886
Ford F450 Truck 1999 T00887
Tractor Head 1992 T00925
Ford Ranger Truck 1996 T01000
Ford R 1996 T01001
Ford Ranger Trk 1996 T01003

Serial #

3NIBEABB13R000860
3NIBEAB13R001024
3NIBEAB13R001889
3NIBEAB13R003746
38NIBEAB13R003613
38NIDEAB13R003322
JTDBE388K10021 7493
38TAYY10M000537
3TAYY10M000259
3TAY Y10M000058
38TAYY10M000801
3NITDAY10V000759
3NITDAY10U000719
38NITDAY10V000733
3NITDAY10V000790
8NITDAY10V000746
‘KNEDA2423VK104005
KNEDA2423VK094299
. 8NITDAY10W003050
1FAFP13P4WW221410
_ IFAFP13P5WW321399.
1FTEE14YIRHB44426
1FTEE14Y3RHB44427
TFTEE14Y8THAS2463 |
1FTEE14Y5THB35672
1FMCAIIUITZC08403
IFMCAIIU3TZC08404
1FMCA14YXT2CO08405
1FTDA14U3TZCO8407
1FTDA14U5TZCO8408
1FTDA14U7TZCO849
1FTDA14U3TZC08410

- 1FTDA14V5T2ZC08411

1FTRE1425WHB10496
1FTRE1429WHB10498
2FMZA51U6WBD67362
2FMZA5IU2WBD67360

2FMZA51U6WBD67359,

1FTRE1425WHB96795

1FTRE1427WHCO6548°

1FTRE1423WHC06546
* TFTRE1429WHC06549
1B4GP25B31B205055_

1B4GP25B81B248354 .....
1FTSE34S7WHB10495

JN10BGW40Z0200727
1FTEE14YARHB44405
1FTEE14Y8RHB44407
1FTEE14Y1RHB44409
1FTEE14YXRHB44411
1FTEE14Y1RHB44412
1FTEE14Y2RHB44421
1FTCR10A6RUC87822
1FTCR10AXRUC87824
IFTCR10A7RUC87831
1FTCR10A9RUC87832
1FTCR10AORUC87833
1FTCR1DA4RUC87835
1FTCR10AXRUC87838
1FTCR10ASRUC87844
1FTCR10A7RUC87845
1FTCR10AORUC8784
1FTCR10A2RUC87848
1FTCR10A2RUC87848
1FTCR10A8RUC87854
14FTCR10A5RUC87858
5LSUD21000680 D21

- 4FTCR10AIRUC87825
5LSUD21000411 D21

* 5LBUD21000824
1FCR10AXTUD90801
1FTCR10A1TUD9082
14FTCR10AOTUD90807
1FTCR10A4TUD90809
1FTCR10ADTUD90810
1FTCR10A6TUD90813
1FTCR10AXTUD90815
1FTCR10A5TUD90818
1FTCR10A7TUD90819
1FTCR10A4TUD90826
1FTCR10A6TUD90827
1FTCR10AXTUD90829
1FTCR10A6TUD90830
IFTCR10AXTUD90831
1FTCR10AXTUD90832
JTDBE38K3001 46748
IFTCR10A3TUD90834
1FTCR10A5TUD90835
1FTCR10A7TUD90836
1FTCR10A9TUD90835
1FTYR10C7WPB44668
1FTCR10A2TUD90842
1FTYR10C7WPB44671
1FTCR10A6TUD90794
1FTCR10A4TUD90843
IFDPF8OC4VVA23390
2FDKF37F8TCA64590

IFDK64F8WA47623
1FDLF47FO0TEB75252
1FDLF47F6TEB75269
IFDKF37F2VEA40945
1FDXF46F2XEB83846
1FDXF46F8XEB83852
1FTYS95R3NVA16695
IFTCR10A9TVD90823
1FTCR10A3TUD90820
1FTCR10A5TUD90821



Sentra
Sentra
Nissan Sentra
Nissan Sentra
Nissan Sentra
Nissan Sentra
Toyota Camry
Sentra
Sentra
Nissan Sentra
Nissan Sentra
Sentra
Sentra
Sentra
Sentra ,
Nissan Sentra —
Kia Pride

_ Kia Pride

- Ranger
Ford Escort
Ford Escort
Ford E150
E150
E150
E150

- 73623
Aerostar
Aerostar
Ford Aerostar
Aerostar
Aerostar

E150
Ford E150

Windstar
Ford Winstar
E150

E150

E150

E150

E350 |
Civilian
Ford E150
E150
E150
E150
E150
E150
Ranger
Ranger

Ford Ranger
Ranger
Ford Ranger
Ford Ranger
Ranger
Ranger
Ranger
Ford Ranger
Ranger
Ranger
Ford Ranger

Ranger

Ranger
Ranger
Ranger
Ranger
Ranger

Ford Ranger
Ranger
Ranger .
Ranger
Ford Ranger
Ranger
Ranger
T508 ©
Ranger

Ranger
Ford Ranger
Ranger
Ranger
Ford Ranger
Ford Ranger
rord Ranger
Ranger
Ford Ranger
Ford F800
F350

Ford F450
L9000
Ranger
Ford Ranger
Ford Ranger

Vike { get Jal its

Tag #
T01004 °

T01006
T01012
T01016
T01017
T01019

T01025 ,

T01030
T01037
T01040
T01042
T01049

T01054

T02000
T02007
T02013
T02016
T02023
T02086
T02088
T02089
T00938
T00934
T00791

TOO596

T00404
T00877
T00713
To0584
T00752
T00449
T00863
T01094
T00592
T00868
T00595
T01083
T00598
T00117

T00270 ~

TO0865

T00589
TO1051:.
102028 is

T00415
T00419

T01044

T00870
T02015
T01053
T01024
T02048

T01062
T00576
T00578
T02018
T02041
T00858
T00410
T00406
T00400
T00593
T00785
T00414
T00879
TO0569
T00575
T00571
TO0568

Teen Cre

Ford P/u Truck 1996 T01004
Ford Truck 1996 T01006

Ford R Truck 1998 T01012

Ford Ranger Truck 1998 T01016
Ford Ranger P/u 1998 T01017
Ford Ranger Truck 1998 T01019
Ford Ranger Trk 1996 T01025
Ford R Truck 1996 T01030

Ford Truck 1996 T01037

Ford Ranger P/u 1998 T01040
Ford P/u Truck 1998 T01042

- F150 P/u Truck 1998 T01049

Ford F25 P/u Truck 1997 T01054
F250 P/U TRUCK

Ford F250 Truck 1998 T02007
RANGER P/U TRUCK
RANGER P/U. TRUCK

Ford Ranger 1999 T02023

Ford F250 2003 T02086

Ford F250 P/u 2003 T02088
F250 P/U TRUCK

Club Car Gulf Cart 1998 T00938
Carryall Gulf Cart 1998 T00934

‘Ford Ranger P/u 1996 T00791
. Ford E150 Van 1994 T00596

Ford E150 Van 1994 T00404
Ford F350 Truck 1997 T00877
Ford Ranger Truck 1994 T00713
Ford E150 Van 1994 T00584 .
Ford Truck 1995 T00752

Ford E150 Van 1998 T00449
Ford F350 Truck 1996 TOO0863
Chevy S10 Truck 1992 T01094 NP
Ford E150 Van 1994 T00592
Ford Truck 1996 TO00868

Ford E150 Van 1994 T00595
Chevy S10 Truck 1992 T01083
Ford E150 Van.1994 T00598
Nissan Sentra 1993 T00117
Nissan Sentra 1993 T00270
FordTruck 1996 TO0865

“Ford E150'Van 1994 100589 7"
* £250 Plu, Truck 1995 TO1051.,.. i.
Ford:Ranger::1999: TO2Z028 www sau:



Ford E150 Van 1996 T00415
Ford E150 Van 1996 T00419
Ford Ranger P/u. 1998 T01044
Ford F350 1996 T00870
RANGER P/U TRUCK ?
Ford.F150 P/u 1995 T01053
Ford Ranger Truck 1998 T01024
Ford Ranger P/u 1999 T02048 .
Chevy S-10 Truck
Chevy S-10 Truck

Chevy S-10 Truck

Chevy S-10 Truck

Ford F SuperDuty Truck

Nissan Sunny

Nissan Sunny

Nissan Truck

’ Nissan Sunny

Nissan Sunny

Ford F250 Truck

Chevy S-10 Truck. .

Ford E150 Van 1994 T00576
Ford E150 Van 1994 T00578
RANGER P/U TRUCK
RANGER P/U TRUCK

Ford F350 Lift 1993 TO00858
Ford E150 1996 T00410

Ford E150 Van 1994 T00406
Ford 1994 T00400

Ford E150 Van 1994 TO0593
Ford Ranger P/u. 1996 T00785
Ford E150 Van 1996 T00414
Ford F450 Bucket 1997 T00879
Nissan Bus 1990 TO0569
Nissan Bus 1991 T00575 |
Nissan Bus 1991 T00571
Nissan Bus 1990 TO00568

BGW40000234 Civilian
MW40C5FHUQ61021798 Civilian

Please contact the Manager of Fleet Management at telephone number 302-7209

www.bicbahamas.com



a3
fe

nen teen tntiPnoear se io ari Ente

~~ nice ahs ipa CNA

Serial #

1FTCR10A5TUD90799 Ranger

_ 1FTCR10A8TUD90800_ ~— Ranger
1FTYR1IO0C6WTA32595 _~— Ranger
1FTYR10C3WTA32599 =Ranger
1FTYR10C8WTA32601 ~=-Ford Ranger
1FTYR1OCXWTA32602 = Ranger
1FTCR10OA7TUD90805 Ranger
1FTYR10C1WTA32603 Ranger
IGCCS1445T8150430 S10 ~
1FTYR10C3WTA33604 Ford Ranger
1FTYR1O0C5WTA32605 Ranger
1FTEFISN6SNB49386. F150 -

1FDHW25F4VEA45152 =F 250

IFDNF20LIX8B51027 T12578
1FDNF20L3XEB51028
IFTYR10C1XUA57223 =6T 12978
1FTYR10C7XUA57226 113160
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1FTYR10C2XUA57229 = 13151
IFTYR10C3XUA57255 = 712965
1FDKF37H6PNA16300 Ford F350
1FTEE14Y1THA52541 Econoline
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BE434F11252-



PAGE 1U, I|UESDAY, IAY Z/, ZUUS

IAE IRine. .—



Nottage defence in defamation lawsuit filed

AIDS activist
murdered

FROM page one

yesterday afternoon.

Police needed a locksmith to get into the apartment above the
AIDS Foundation of The Bahamas, where he was an administra-
tor, in downtown Nassau at around 2.45pm after concerned neigh-
bours reported they had not seen Mr Adderley over the weekend.

Mr Adderley had been HIV positive for more than 20 years and
lived a healthy lifestyle, becoming an advocate for HIV patients
everywhere.

‘Police would not confirm
the cause of death in the ear-
ly stages of the homicide
investigation and said no
weapon has been found at
the scene, however news
reports claim Mr Adderley
was stabbed to death.

Nearby in downtown Nas-
sau, Harl Taylor and gay
handbag designer Thaddeus
McDonald were brutally
murdered within days of each
other.

No one has yet been
charged with the murders
which took place in Novem-
ber last year. °

Crime Detection Unit
. (CDU) homicide Inspector
Christopher Wright said no
link has been made between
the murders and Mr Adder-
ley’s death at this stage in the
investigation.

He added: "The body is
fully clothed and there is
trauma to the body. It has
not yet been totally exam-
ined so the kind of injuries
are not known yet.

"However, we do know it is a homicide.

Senior police officers including acting assistant commissioner
of crime Raymond Gibson and CDU chief superintendent Glenn
Miller also attended the scene.

Shocked friends, neighbours and colleagues of Mr Adderley's
gathered outside the cordon sectioning off Delancey Street.

Rev A. Dewitt Hutchison, associate minister at the Bethel Bap-
tist Church, has known Mr ‘Adderley for 25 years, and in recent
years he was an usher at the church.

Rev Hutchison said: "I met Wellington in 1992 when we attend-
ed an AIDS camp — he was HIV positive for more than 20 years
and living a very healthy life.

ing at the crime scene

"He was nice. He attended bible studies, he was very soft spoken,

and very passionate about his work, very focused."

Victor Rollins, 47; member of The Bahamas Community for HIV
AIDS, said he had just got back from a conference in Trinidad with
Mr Adderley.

He said: "He was cool. A real hard worker, very focused, he had
a passion to get the surge of HIV down and the scourge of dis-
crimination against persons who lived with HIV AIDS."

Mr Adderley’s murder brings t the nation’s 2008 homicide count
to 29.





INSPECTOR Christopher Wright speak- .

FROM page one

to bestow favour upon himself, his family
and/or his friends.

“The plaintiff by his own admission in a
statement made on February 28, 2008, in
Parliament confirmed that he undertook
the invitation of his brother, despite his ini-
tial reservations about the propriety there-
of, to investigate his brother and sister-in-
law’s complaint about the customs duty
rate payable on a product imported by
them.

“The plaintiff through the Secretary for
Revenue determined to direct or instructed
the comptroller to classify a product import-
ed by his relatives, namely his brother
and/or his sister-in-law, in a lower rate of
duty category. contrary to the determina-
tion of the proper classification thereof in
law by the Department of Customs and the
World Customs Organisation.

“The plaintiff had no legal authority to
cause the reclassification of the Mona Vie
nutrition drink to a lower rate of duty cat-
egory which was inconsistent with its prop-
er classification under Tariff Heading

2202.9090 in the Tariff Act.

“The plaintiff's statement to Parliament |

on 28th February, 2008, clearly indicated
that he had notice of the ruling by the
World Customs Organisation on the prop-
er classification of the Mona Vie drink, yet
he sought, through the Secretary of Rev-
enue, to direct the Comptroller of Customs
to continue the practice of charging the 10
per cent rate of duty even though the prod-
uct properly classified would attract 45 per
cent rate of duty. This decision has had the
effect of benefiting importers of the Mona
Vie drink, including the plaintiffs brother
and/or sister‘in-law,” the defence contend-
ed.

The statement also said that the plain-
tiff (Mr Laing), by seeking the interven-
tion of the Secretary of Revenue, ought to
have appreciated that he was interfering in
the day-to-day management of the Cus-
toms Department in-circumstances where
the original complaint was made by his rel-
ative.

Furthermore, the defence makes the case
that if any words that were complained of
were spoken. by Dr Nottage, they were the

|
opinion of Dr Nottage and “protected
speech as fair comment on matters of pub-
lic interest”.

The defence also argues that if defama-
tory remarks were made, the second defen-
dant (Dr Nottage) claims with regard to
the words complained of that he is protect-
ed by “qualified privilege” and that he act-
ed with “reasonableness” in that he took
reasonable steps to ensure the accuracy of
the words complained of and did so publish
them with “reasonable care.”

“The second defendant (Dr Nottage)
exercised all due care and diligence in the
review of the said information and came
to the measured conclusions that he did as
set out in the press statement (which will be
relied on at the trial for its full terms and
effect).

“The public has a right to be informed
and the citizens have a right to expect those
elected to engage in a national and public
debate and exchange views on such matters
which affect the conduct of a duly elected
Member of Parliament and his conduct in
the discharge of his public duties,” the state-
ment said.

Former PLP senator’s husband charged with causing harm to her

FROM page one

Court dockets state that Zonicle, of
Berry Avenue, Yamacraw Estates, caused

-harm to his wife on Sunday, May 25, at

their home. It is further alleged that during
that same time he threatened Mrs Zonicle
with death. Mrs Zonicle’ was not present at,
the arraignment yesterday but attorney
Godfrey “Pro” Pinder held a watching brief

for her.

Zonicle pleaded not guilty to both
charges. His attorney, Shaka Serville, told
the court that his client was an employee

with the Broadcasting Corporation of the

Bahamas as well as the proprietor of a local
store.

Mr Serville told the court that his client
had no previous convictions and had moved
out of the Berry Avenue residence since
the incident.

He said that. Mr Zonicle and his wife

Turnquest gives robust response

FROM page one

“Well, we take it as seriously as he said
it,” said Mr Turnquest when asked if he
thinks Mr Gibson will follow through on
his promise:

The minister did not specifically say what
the FNM would do if Mr Gibson exposes
the secret lives of governing party mem-
bers, but instead suggested the issue may
not go that far.-

“T don’t think it will be tabled if you want
my view. Any document that is to be tabled
needs the permission of the Speaker to be
tabled and I don’t believe that is something

that is parliamentary business that would be -

allowed to be tabled,” he said. “That’s my
view. But I can’t speak authoritatively (in)
that regard.”

The public will take “a very dim” view of
the business of the House, suggested Mr

Turnquest, if Mr Gibson brings his

Drowning victims linked

SmartChoice

promised list to the floor of the Lower
Chamber.

“But, you know, I think we have serious
issues in this society to deal with and I don’t
believe that the members of the public
would wish for their parliamentarians to
be dealing with stuff like that,” he said.

After Mr Gibson made his vow last
Wednesday, The Tribune asked him if he
was serious about the threat. He said:
“There is no question about that.”

“The reason why I want to table it around
budget time is because the entire Bahamas
will be listening to what is being said in
parliament,” he said. “We’re not only
broadcast on television during the budget
debate, we are also broadcast on 1540am,
which means that all people all about in
the US, persons all about in the Family
Islands, will hear it. So once they hear these
names. associated with these members. of
parliament, then people in the communities

have one child and asked that he be allowed
to retrieve his belongings from their home.

The prosecution made no objection to
bail. Zonicle was granted $7,500 bail with
two sureties and was ordered by Magistrate
Bethel to have no contact with ‘the com-
plainant. The case was adjourned to
December § at 2pm.

Following the arraignment, Zonicle was
handcuffed and escorted out of the court-
room. ‘

to Gibson threat

will know what I am saying is true.”

A PLP source, who did not wish to be
named, said that Mr Gibson is acting on
his own with this decision, and it has noth-
ing to do with the party as a whole.

According to Mr Gibson, he is doing this
because of the fuss made by the FNM dur-
ing the Anna Nicole saga which led to his
resignation.

“You see, I took the liberty, since this
issue had come up with Anna Nicole and all
that — it seemed as though it was a big issue
of morality when they thought something

-was going on — I took the liberty of having

private investigators check on various per-
sons in office just to determine what it is
they’re doing,” said Mr Gibson last week.
Mr Turnquest said yesterday that he has.
had no discussions. with theopposition on
this issue since Mr Gibson made his threat.

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to human smuggling

FROM page one

gled into the United States
when the vessel overturned
near Sandy Cay.

BASRA Rescue officials
retrieved the

bodies of two black males and
one black female from the
water. However, they were
unable to retrieve the fourth
body which was being eaten by
sharks.

The bodies were put
onboard Basra’s "Rescue One"
vessel and taken ashore at Old
Bahama Bay Marina at West
End around 9.30pm.

A BASRA official said US

’ Coast Guard officials initially

OVERSEAS NEWS

notified them of a capsized ves-
sel in the waters off West End.

When BASRA, police, and
several private boaters pro-

ceeded to the location, they saw.

a 27ft white and red speedboat
with black hull in the water.
Bodies were floating nearby.

Supt Rahming believes that
rough seas. might have caused
the vessel to capsize, as Grand
Bahama experienced severe
weather conditions on Satur-
day.

The bodies of victims were
taken by local

morticians to the Rand
Memorial Hospital, where an

autopsy will be performed to

determine the cause of death.
Despite appeals by authori-

ties, Haitians are still risking
their lives on the sea to get to
the United States. _

In April, 27 migrants
drowned when the vessel they
were on sank off western New
Providence.

The group was onboard a
speedboat headed for Miami
when the tragedy occurred at
sea. The bodies of 14 people
were retrieved from waters
between Bimini and New Prov-
idence.

There were only three sur-
vivors — Honduran Ivan Lopez,
and Haitians Johnny Boucher,
26, and Rodene Fleresaint, 23.
Investigations are still continu-
ing into the incident.

Iran may be withholding info
needed in nuclear inquiry

@ VIENNA, Austria

Iran may be withholding
information needed to establish
whether it tried to make nuclear
arms, the International Atomic
Energy said Monday in an

unusually strongly worded |.

report, according to the Associ-
ated Press.

The tone of the language sug-
gesting that Tehran continues
to stonewall the agency — the
U.N. nuclear monitor —
revealed a glimpse of the frus-
tration felt by IAEA investiga-
tors stymied in their attempts
to gain full answers to suspi-
cious aspects of Iran’s past
nuclear activities.

Iran has described its coop-
eration with the IAEA probe
of its alleged nuclear weapons
experiments as positive, sug-
gesting it was providing infor-
mation requested by agency
officials. Indirectly disagreeing,
the agency also said that Iran
continued to deny such activi-
ties, dismissing evidence to the
contrary submitted for its
perusal as misleading or false.

The findings were part of a
restricted agency report for-
warded to the U.N. Security
Council and to the 35 board
members of the International

Atomic Energy Agency that
was obtained by The Associated
Press.

The nine-page report also
noted that Tehran remains defi-
ant of U.N. Security Council
demands to stop uranium
enrichment.

Shrugging off three sets of
council sanctions, it had instead
expanded its operational cen-
trifuges — machines that churn
out enriched uranium by about
500 since the last IAEA report
in February, said the report.

In announcing major progress
in Iran’s push for nuclear pow-
er, President Mahmoud
Ahmadinejad said last month
that Iranian scientists were
putting 6,000 new uranium
enriching centrifuges into place
and testing a new type that
works five times faster.

The report noted that Iran
now had only 3,500 centrifuges
and specified that the few
advanced machines actually
running were only in a testing
phase.

Uranium can be used as
nuclear fuel or as the fissile core
of warheads, depending on the
degree of enrichment.

Iran insists it has a right to
the activity under the Nuclear
Nonproliferation Treaty and

says it want only to generate
power.

But addressing whether Iran
was complying with agency
requests, the report said that
“Tran has not provided the
Agency with all the informa-
tion, access to documents and
access to individuals necessary
to support Iran’s statements”
that its activities were purely
peaceful in intent.

“The Agency is of the view
that Iran may have additional
information, in particular on
high explosives testing and mis-
sile related activities which ...
Iran should share with the
agency,” said the report.

It was referring to two alleged
sets of tests that agency officials
say could be linked to a nuclear
program.

Iran already rejected evi-
dence provided by the U.S and
other [AEA board members on
alleged weapons programs in
February, but then promised to
revisit the issue ahead of the
agency’s next board meeting in
a week.

Its nuclear programs have
been under IAEA investigation
since 2003, after a dissident
group revealed the existence of
a clandestine enrichment pro-
gramme.



THE TRIBUNE

Knowles and
Nestor could
face off

& By BRENT STUBBS
Senior Sports Reporter
bstubbs@tribunemedia.net °

/

MARK Knowles and Daniel
Nestor won’t defend their men’s
doubles title at the French Open
Grand Slam at Roland Garros.

But the two players, playing on
different teams, could end up fac-
ing each other in the semi-final.

While Knowles and his new
partner Mahesh Bhupathi of India
are the number four seeds, Nestor
and his new partner, Nenad
Zimonjic from Serbia, are seeded -
at number two.

If they advance through the bot-
tom half of the draw, the two
teams could clash in the semi-final.
The top half of the draw is led by
top seeds, American twin brothers
Bob and Mike Bryan.

When contacted yesterday in
Paris, France, Knowles said he and
Mahesh.are excited about playing
in the second Grand Slam trour-
nament for the year.

“T feel pretty good coming into
this Grand Slam. I feel pretty con-
fident of our chances to win it,”
Knowles said. “Although Mahesh
has a slight calf injury, he feels he
will be able to play through it.”

Knowles and Bhupathi, who are
still sitting at number three in the
Stanford ATP Doubles Race, will
have to.get past their first-round
opponents when the doubles com-
petition gets underway on
Wednesday.

They will play the Australian-
Great Britain team of Stephen
Huss and Ross Hutchins. Their
match will be played either on
Wednesday or Thursday.

“This is a Grand Slam where
everybody will be gunning for the
big teams,” Knowles said. “Know-
ing that me and Nestor played on

_the winning team last year, they
will definitely be out to take us
out.”

As for playing on different
teams going in as the defending
champions, Knowles said it’s a
strange occurrence for him.

“T don’t think I’ve ever had a
chance to come into a tournament
after winning it the year before,
playing with a different partner,”
Knowles admitted.

“So it’s going to be strange play-
ing with Mahesh, rather than
Daniel. But we are confident that
we can win it together. Mahesh
has won the title before and I won
it last year,” Knowles reflected.

“We’re playing very well togeth-
er, so I don’t see any reason why
we can’t have a good tournament
here. We just have to take it one
match at a time.”

Knowles is also reuniting with
Chinese Zi Yan for the mixed
doubles where they are seeded at *
number five. Their first-round
match will be against Tatiana
Poutchek of Belarus and Julian
Knowle of Austria.

Bhupathi is teaming up with Jie
Zheng of China, but they are
unseeded. Also unseeded is the
team of Nestor and Elena
Likhovtseva of Russia.

The top seeds are Zimonjic and
Katrina Srebotnik of Slovenia.

Immediately following the tour-
nament, Knowles is expected to
fly bck to the United States for
the delivery of the second child
with his wife, Dawn.



form’
On international scene

« & By BRENT STUBBS

‘ Senior Sports Reporter
bstubbs@tribunemedia.net

"ith the Bahamas

’ Association of

Athletic Associa-

tions’ Scotia Bank

National Open

Track and Field Championships just

about a month away, Bahamian ath-

letes are coming into fine form on
the international scene.

Over the weekend, two male sprint- .

ers came close to qualifying for the
100 metres for the 2008 Olympic
Games and keeping hopes alive for
the possibility of the 4 x 100 relay
team securing a spot in Beijing in
August as well. ;

At a meet at their training base in

Clearmount, Florida, over the week-
end, Rodney Green finished fourth in
a time of 10.31 and Adrian Griffith
was sixth in 10.37.

Griffith also won his heat in the
200.in 21.18 and Green was second in
his heat in 21.3.

Meanwhile, Jamial Rolle and

Dominic Demeritte both ran 20.7 in
the 200.

And in the women’s 400, Saha’

Rolle clocked 53.94 for third place.

Both Green and Griffith are train-
ing under the watchful eyes of Amer-
ican Olympian Dennis Mitchell, who
noted that he was quite impressed
with their transgression.

“I’m very happy with the progress
they are making. They have been pro-
gressing very well,” said Mitchell, who
has been training Green for the past

few years, but only worked with Grif-
fith for the last two months.
According to Mitchell, when Green
started, he was running around 10.6-
10.7, but he’s now down to 10.3 and

. before he returns home for the

nationals, it is hoped that he will be at
the 10.2-10.1 range. Bn, i

As for Griffith, Mitchell said he
came into his camp running around
10.8, then he dropped to 10.6 and 10.5
and is now at 10.3. Mitchell said he’s
also confident that he will be down to
about 10.1-10.2 at the trials.

“I’m trying to get both of. them to
qualify, for the Olympics,” Mitchell
projected. “We are going to work a
little harder over the next few weeks

‘and then they will compete again on

June 7 in another meet here.”
The A qualifying standard for the

men’s 100 is 10.21, but with national
champion Derrick Atkins having
already surpassed that, if any other
athletes wish to compete in the event,
they will have to do the A standard as
well. .
The B standard is 10.28.
Green, who has been through a
series of nagging injuries, said he’s
quite pleased with the training he’s
been getting from Mitchell.
“I feel good. I feel that over the
next two weeks, I will really get a lot
of work done so that I can be ready to
’ run even faster when I come home,”
Green stated.
Griffith said he, too, was thrilled
to have the type of performances he

SEE page 13





PHOTOS 1 & 2 - In the co-main event at
the Kendal Isaacs Gymnasium Saturday
night, Luis ‘El Monstruito’ Bolano (left
inset) came from the United States and
gave Meacher ‘Pain’ Major (top right) all
that he had to offer. For eight rounds, they
went toe-to-toe and blow-for-blow before
Meacher came away with a unanimous
decision.

PHOTOS 3 & 4—- Jerry ‘Big Daddy’ Butler
(left) forced American Armando Rodriguez
(far left) to call it quits 1:45 in the first
round.

On Olympic qualifying quest, Barry moves to Idaho to train with Kemp

@ By BRENT STUBBS
Senior Sports Reporter
bstubbs@tribunemedia.net

IN his quest to qualify for the 2008
Olympic Games, high-jumper Trevor
Barry has moved to Boise, Idaho, to
train with national record holder Troy
Kemp.

The Petty Group of Companies and
ALCO Holdings Limited have com-
bined to facilitate the move to ensure
that Barry is prepared to compete at
the BAAA’s Scotia Bank Nationals
next month and the Olympics in Bei-
jing in August.

Both Barry and Kemp never met
until last-;week when Barry showed
up in Boise. However, they commu-
nicated through the telephone and

)

the internet.

Although he’s been in Boise for a
couple of days, Kemp said he really
didn’t get an opportunity to work with
Barry until Sunday because of his pre-
vious commitment to the State Cham-
pionships where he was coaching
some athletes.

“I’m just happy to help him out,”
said Kemp, who won the gold at the
World Championships in 1985, but
missed out on winning a medal at the
World Championships.

“The goal is to try to get him to
qualify for the A standard for the
Olympics. So we will be trying to fine-
tone his skills to ensure that he’s going
to be ready.”

To qualify for the Olympics, Barry
will have to jump 7ft, 6 3/4ins or high-

er, the A qualifying standard. If he
does, he will more than likely join
world champion Donald Thomas in
Beijing.

Should they both qualify, it will be
the second time that the Bahamas has
had two competitors entered in the
men’s high jump.

Both Kemp and the late Ian
Thompson competed together in
Atlanta, Georgia, in 1988.

Based on what he’s seen so far from
Barry, Kemp doesn’t see why he can’t
make it.

“J watched some video tape on a
website that he directed me to,”
Kemp revealed. “I had a chance to
watch him and I was quite impressed
with what I saw.

“For such a tall guy, I really don’t

think he’s taking full advantage of his
height.

“But in our first session, we went
through some things that needed to
be corrected and he responded to it
positively.

“So I’m convinced that if he sticks
with it over the next few weeks, he
should definitely be able to jump
higher than 7-5 and qualify for the
Olympics.”

Kemp, who noted that he also
wanted to meet and work with
Thomas, said he hopes that by the
time Barry competes over the next
month, he will be able to achieve the
standard.

However, Kemp wasn’t able to °

indicate when Barry will compete
again.
'

He noted that Barry’s agent is try-
ing to get him in a meet in California
next month where he will definitely
have the competition to help him out.

But he said every Thursday, they
hold a developmental meet in Boise
and if Barry is interested, he can com-
pete in one of them. But he noted
that the competition probably won’t
be what he needs to get him over the
hump.

Barry was unavailable for com-
ment, but Kemp said they are both
pleased with the decision for him to
train in Boise and they are looking
forward to a fruitful relationship.

Kemp, who was recently inducted
into the Central American and
Caribbean Hall of Fame, holds the
national record at 7-9 3/4.



PAGE 12, TUESDAY, MAY 27, 2008

TRIBUNE SPORTS



ARIZONA Diamondbacks starter Brandon Webb works in the first
_ inning of a baseball game against the Atlanta Braves Monday

Braves beat the
Diamondbacks,
send Webb to.
2nd straight
defeat





John Bazemore/AP

e By CHARLES ODUM
‘AP Sports Writer

‘ATLANTA (AP) — Bran-
don Webb is on a different
type of streak, thanks to Mark
Teixeira and the Atlanta
Braves.

‘Teixeira drove in four runs
against Webb as the Braves
beat the Arizona Diamond-
backs 7-3 Monday and sent
Webb to his second straight
defeat.

“Webb (9-2) allowed seven
runs — four earned — and a
‘season-high 10 hits in 4 1-3
innings, his shortest start since
Oct. 1, 2006. He won his first
nine decisions before losing 3-
1jat Florida last Wednesday.

!Webb struck out eight,
walked three and fell behind
5-1 in the second inning. The

- hits were the most he allowed
since San Diego had 11 last
July 15.

| Manny Acosta (3-1) pitched

two hitless innings to win in
relief of Jair Jurrjens, who gave
up three runs and eight hits in
4 2-3 innings. Jeff Bennett
entered with a 5-3 lead, aman
on and two outs in the fifth
and retired Mark Reynolds on
a flyout.

| Atlanta split the four- -game
sesies to complete an 8-3
homestand, the Braves’ longest
this season. Arizona finished
av2-5 trip.
i ‘Teixeira hit a two-run dou-
ble in the first and added a
the



two-run single in the second.
A throwing error by Reynolds
on Jurrjens’ sacrifice set up
three unearned runs, with
Greg Norton scoring from sec-
ond on the bunt.

Jeff Salazar hit an RBI single
in the first, and Arizona closed
in the fifth on Orlando Hud-
son’s two-run homer.

Brian McCann homered in ,

the bottom half, only the

season. Pinch-hitter‘Ruben
Gotay’s RBI single chased
Webb.

Notes: Webb lasted four
innings against San Diego on
Oct. 1, 2007. The seven runs
were the most allowed by
Webb since June 22 last year,
when he gave up seven run —
three earned — in a 7-1 loss
to Baltimore at Arizona.

Kelly Johnson’s sixth-inning
single extended his hitting
streak to 12 games. ... The
Braves activated RHP Buddy
Carlyle, and RHP Chris Resop
was designated for assignment.

Chad Tracy came off the DL
to start at first base in his 2008
debut. C Robby Hammock
was optioned to Triple-A Tuc-
son.

Braves CF Mark Kotsay was
a late scratch with tightness in

_ his back. Arizona RHP Micah

Owings pinch hit in the eighth
and hit into a double play. He
is batting .286 (10-for-35) with
a home run, three RBIs and
12 strikeouts.

‘fourth allowed by Webb this -





BALTIMORE Orioles’ pitcher Garrett Olson throws to a New York Yankees batter during the sixth
inning of a baseball game, Monday, May 26, 2008, in Baltimore. The Orioles won 6-1.

BALTIMORE Orioles catcher Ramon Hebnandes waits for the throw before tagging out New
York Yankees’ Johnny Damon at home to end the third i SN

Rob Carr/AP

Jim Dietz/AP —

Orioles end the Yankees’
five-game winning streak

@ By DAVID GINSBURG
AP Sports Writer

BALTIMORE (AP) — Garrett
Olson pitched seven innings of
three-hit ball, Nick Markakis went
3-for-4 with a home run, and the
Baltimore Orioles ended the New
York Yankees’ five-game winning
streak with a 6-1 victory yester-
day.

Aubrey Huff also homered for
the Orioles, who snapped a five-
game skid that began with succes-
sive defeats in New York.

Hideki Matsui had three of New
York’s five hits and scored the
Yankees’ lone run, on a ninth-
inning single by Chad Moeller.

Olson outpitched Darrell Ras-
ner, who gave up one run and five

‘hits in six innings. Rasner (3-1)
had won each of his three starts
since being recalled from the
minors on May 4.

Markakis put Baltimore up 1-0
with his ninth homer on a 3-2 pitch
in the sixth, and he added an RBI
single in a five-run seventh against
New York relievers LaTroy
Hawkins and Jose Veras.

Earlier, Markakis broke an 0-
for-13 slump with a third-inning
double. He also made the game’s
key defensive play, a throw from
right field that cut down Johnny
Damon at the plate.

Rasner vs. Olson was a rematch
of five days earlier, when both
pitched at Yankee Stadium. In
that game, an 8-0 New York vic-
tory, Rasner threw seven score-
less innings, while Olson. yielded
six runs before being yanked in
the third.

Rasner was nearly as impres-
sive this time around, but Olson
(4-1) -was better. The rookie did
not allow a hit after the third
inning. He had a career-high tying
seven strikeouts and walked four.

Chad Bradford worked a per-
fect eighth and Jamie Walker gave

-up arun and two hits in the ninth.

The Orioles loaded the bases
with two outs in the second before
Rasner struck out Freddie Bynum
on three pitches.

New York got a runner to sec-
ond base in each of the first three
innings but came away empty. In
the third, Damon was thrown out
by Markakis trying to score on a
two-out single to right by Matsui.

Markakis broke up the score-
less duel in the sixth with a drive
to center that traveled an estimat-
ed 423 feet.

In the seventh, Melvin Mora
and Markakis had successive run-
scoring singles with two outs
before Huff hit his eighth home
run, a three-run drive to right-cen-
ter that was his second in two
games.

Notes: Baltimore is 15-7 at
home and 10-18 on the road.

Markakis leads AL outfielders
with eight assists. Yankees C Jorge
Posada (shoulder) went 0-for-5 in
an extended spring training game
Monday. He caught five innings
but did not throw or run.

Ronaldo to announce where he’ll be playing in two weeks

m By ROBERT MILLWARD
“ AP Soccer Writer

(AP) — Cristiano
Ronaldo says he will announce with-
ii two weeks where he will be playing
soccer next season.
"hat may mean he has already
decided to move to Real Madrid.
More likely he will be staying at Man-
¢hester United for more money.
« After 42 goals for the Red Devils
including one in last week’s Champi-
ons League final triumph over
Chelsea in Moscow, Ronaldo is the
attest player in the world right now.
Even hotter than Barcelona’s Lionel
Messi and AC Milan’s Kaka whose
clubs fell way behind in their domes-
tic title races and didn’t make it to
the Champions League final.
'Ronaldo’s goals, his mesmerizing
dribbling skills and long-range, swerv-
ing, dipping free kicks have increased
his transfer value to put him out of
reach for all but a handful of clubs.
' After six seasons without European
soccer’s biggest prize, however,
Madrid sees Ronaldo as the missing
ingredient it needs to win another
Champions League. The Spanish soc-
cer giant holds the record of nine titles
in what used to be known as the
‘European Cup, but hasn’t added to
that total since 2002.

But it would need to pay a world
record transfer fee of something like
$118.8 million even if it persuaded
United to sell. Ronaldo is a year into





Paulo Duarte/AP

PORTUGAL’S CRISTIANO RONALDO is seen on a coach after a training session with
the Portuguese national soccer team in preparation for the Euroz2008 soccer
championships.

a five-year contract at Old Trafford
and United has given no indication
that it is willing to sell its biggest asset.

United manager Alex Ferguson has
accused Madrid of skullduggery in
trying to pry Ronaldo away and the
Spanish club’s president, Ramon
Calderon, responded by saying it
would only buy the star if the Pre-
mier League champion were willing
to sell.

Ronaldo’s own words appear to
open the door as wide as possible.

“T have nothing with Real Madrid
at present,” Ronaldo said Friday from
Lisbon ager he joined up with Portu-
gal’s teatn for preparation for next

month’s European Championship. “J
have a contract with Manchester, and
in the next two weeks we’ll be speak-
ing again ... perhaps there might be
something new.”

That “something new” could be
taken two ways.

A move to a new club. Or a new
contract with United.

Ronaldo signed his five-year deal in
April last year for $237,600 a week.
Now the papers are speculating that
Madrid is prepared to pay him
$435,600 a week.

There is little chance that United
would pay him that much and that’s
why the Red Devils are furious that

the speculation will unsettle him.

But the club appears to be getting
backed into a corner. If it insists he
sticks with his current deal, Ronaldo
might well say that’s poor reward for
what he has given the club this season.

A new five-year contract and raise
might satisfy him but that would upset
some of teammates who would then
demand the same money.

“There is nothing certain at the
moment,” Ronaldo told the Por-
tuguese media on Monday. “The
press always make stories about inter-
est from other teams, not only from
Madrid, also from Barcelona.

“On one hand it’s good and means
that they know your value as a player
and think you can be a good rein-
forcement for other teams.”

If that sounds like bad news for
United, he also suggests he’s happy to
stay at Old Trafford for now.

“My head is in Manchester because
it is the club that, at the moment, puts
me in the best condition and that I’m
happy at,” he said. “I have never hid
from anyone that I would like to play
in Spain one day. It’s a dream, but
sometimes dreams don’t happen.

“I can guarantee that I am happy at
Manchester United and that I would
love to continue.”

Ronaldo is also full of praise for
Ferguson and his Portuguese assis-
tant, Carlos Queiroz, who stood by
him after he returned from the last
World Cup a hated figure for his
behavior after Wayne Rooney was

sent off in the England-Portugal quar-
terfinal.

Rooney, who is Ronaldo’s team-
mate at United, was ejected after
stomping on Portugal defender Ricar-
do Carvalho. Ronaldo ran up to the
referee to protest Rooney’s actions,
and the England striker shoved him
away. TV cameras caught Ronaldo
winking toward the Portugal bench
after Rooney was dismissed and his
team went on to advance on penalties
after a 0-0 draw.

When the English season kicked
off two months later, Ronaldo was
jeered wherever United played away
from home. But he contributed 17
goals and United regained the Pre-
mier League title from Chelsea.

After helping United win another
league title and a Champions League
crown, Ronaldo has even more to
bargain with.

But this is a situation United has
faced before.

“J have no reasons to leave the club
which has always supported me and
has always helped me to evolve as a
player. There are no final decisions
yet,” Ronaldo told the Portuguese
media back in July 2006.

“Things will be worked out next
weck. I want to do this the right way.
If I end up staying, that’s fine. If I
leave, that’s fine too.”

Ronaldo stayed, although he had
to wait nine more months for his new
contract. This time United may have
to be a lot quicker. \



TRIBUNE SPORTS

TUESDAY, MAY. 27, 2008, PAGE 13





There is so much Beas
normal athletes
can learn from
special athletes

Highlighting our Special Olympians

@ By BRENT STUBBS
Senior Sports Reporter
bstubbs@tribunemedia.net

BYRAN WOODSIDE, sit-
ting in as Minister of State
for Sports at his second Spe-
cial Olympics Bahamas, said
there is so much that normal
athletes can learn from spe-
cial athletes.

And taking the motto from
the Abaco school, stating that
“every child counts,” Wood-
side said that because every
child in the Bahamas counts,
they are making sure that the
organisation receives its
share of the pie in terms of
funding.

“Because every child in the

Bahamas counts, we the Min- |

istry of Sports, donated in
excess of $50,000 to Special
Olympics this year,” he pro-
~ claimed as he officially
opened the games on Satur-
day at the Thomas A Robin-
son Track and Field Stadium.
“We are so very pleased
with this organisation and
what it is doing for this com-
munity and I really do want
to single out Mr Basil
Christie. On behalf of the
Bahamas Government, we
thank you for giving so much
to our special athletes.”
Christie, director of Special
Olympics Bahamas, said they
have been quite pleased with
the turnout for this year’s .
games, which included more
than 200 athletes from Aba-
co, Grand Bahama and New
Providence.

Christie also thanked. mem-_

bers of the Royal Bahamas
Police Force, headed by
Inspector Julian Butler, who
carried the torch through the
streets of New Providence
and brought it into the stadi-
um for the opening ceremo-
ny.

This year’s games featured
an exhibition bocce match
held on Friday.

But on Saturday, the ath-
letes competed in swimming
at the Betty Kelly Kenning
Aquatic Centre and it con-
cluded with track and field at

the TAR Stadium.

' ° In swimming, some out-
standing performances were
turnedin. ~



COLLETTE Grant (left) and Alvia Penn with their
swimming medals..



- GRAND Bahamian swimmers Marlin Colebrooke and
Jeremy Russell show off their medals...

On the ladies’. side, among
top performers were Alvia
Penn and Collette Grant. On
the men’s side, they were
Ryan Forbes, Marlin Cole-
brooke and Kiplin Fowler.

Penn, who performed
exceptionally well in both the
50 freestyle nd backstroke,

said Grant really pushed her.

But the 16-year-old student,
of Stepledon, said she was
committed to pulling off the
victory.

Pleased

And Grant, 20, saidshe ~
was pleased with the way she
performed as well.

“We competed very well
against each other,” she stat-
ed.

Colebrooke, who won the
25 breast-stroke, but had to
settle for second in the 25
backstroke, said he set his
sights on competing with his

rivals.

“The competition was
hard, but I was prepared for
it,” he said. “I feel good to be
competing out here. I like
being loved by the people.”

Just like swimming, the
track and field competition
was just as intense.

Some top perfomers on the
girls’ side were Alicia Albury
from Gerald Cash School;
Keisha Moss from Thelma
Gibson; Carla Green,

' Stephanie Newton and Katie

Forbes from New Provi-
dence; Anastasia Sawyer and
Ashtonique Murray from
Abaco and Alexus Romer
from Grand Bahama.

The boys were led by She-
mar Munroe and Asher Sey-
mour from Garvin Tynes;
O’Brien Darville from Aba-
co; Brandon Mackey from
Stapledon School and
Stephon Rahming and Kiplin
Fowler from Grand Bahama.

Athletes in ‘fine form’
on international scene

FROM page 11

turned in.

“T still think I have a lot:

more left in the tank,” Griffith
proclaimed. “We are going
back into the gym to get some
more base in our training. So
over the next 2-3 weeks, it will
be very intense.”

Atkins, who set the pace for
the male sprinters when he ran
9.91 last year, said he’s very
happy to see his hopeful relay
team-mates running as fast as
they are right now.

“TI just felt that they should
have been running faster a lit-
tle while back and not just
waiting on crunch time,”
‘Atkins stressed. “But it’s better
to get it slowly than not to get
it at all.” |

While he headed off to
Europe yesterday to compete
in about three meets, Atkins
said he hopes that eventually
the sprinters can come togeth-
er and run a fast time to make
the top 16 qualifiers for the
Olympics.

Two locally-based sprinters,
who are heading off to Clear-
mount on June to join Green
and Gfiffith, are Jamaal Forbes

and Lavardo Smith. They are
training with coach Fritz
Grant.

Forbes, who is coming off a
hamstring injury, congratulated
both Griffith and Green for
their performances over the
weekend and indicated that
he’s eager to compete with

them next month.

Training

“My training has been going
good. Right now, I feel I’m in
shape to run 10.3-10.2 as well,”
Forbes noted. “I just need to
continue to work on one or
two things and I will be right
there with them.”.

Another competitor who
had hoped to be in the mix was
Ravanno Ferguson. But dur-
ing a recent meet here, he suf-
fered an injury that turned out
to be worse than first antici-
pated.

In addition to his hamsiring,
Ferguson also sustained a hip
injury and he is to undergo
surgery in Miami. He’s cur-
rently wearing a cast on his leg
that should be removed on
June 19.

But he’s not expected to be

‘back in training until October.

“T’m really disappointed that
I won’t be able to compete
with them,” Ferguson pro-
claimed. “I’m pretty pleased
with their performances.
Hopefully they can qualify for
the Olympics.”

Sasha Rolle said she is also
hoping to qualify for the
Olympics. She will have to run
the A standard of 51.50 if she
intends to join defending
champion Tonique Williams-
Darling and Christine Amertil.

“Tt’s not my best, but it’s still
pretty decent,” said Rolle of
her 53.94 over the weekend.
“I’m working at 80 per cent
because I still have some things
I’m working on.

“This year, I’m feeling much
better and stronger, so my goal
is to qualify (for the Olympics).
I hope to run in at least two
more meets before the nation-
als, so hopefully I can bring my
times down.”

Rolle will return to the Uni-
versity of Arkansas where she
will continue her training with
Bahamian coach Rolando
Greene.

A

ABACO’S Special Olympians look like twins, but
Myron Sawyer (left) and Eric Sawyer are not related.
They competed in track and field.



LONG Island’s Andrew Turnquest and Grand
* Bahama’s Mary-Ann Russell run the final leg of the |
Torch Relay. In the background is Inspector Julian
Bitler, who organised the Royal Bahamas Police
Force, who carried the torch on the run.

Bahamas Rotary



May 31 - June 1, 2008

Register at www.bahamasrotaryfishing.com

econd Shimano 50W Tiagra
Third
Heaviest Dolphin 4-stroke Yamaha 100CC Jog Scooter

Second Shimano 50W Tiagra
Third Shimano 30W Tiagra

Heaviest Wahoo 4-stroke Yamaha 100CC Jog Scooter
Second Shimano 50W Tiagra
Third Shimano 30W Tiagra

Junior Angler Shimano spinning combo j
Female Angler Shimano spinning combo
GRAND SLAM 4-stroke Yamaha 100CC Jog Scooter

The combined weight of the heaviest Tuna, Dolphin and Wahoo. If none of the boats get
a grand slam, we will raffle the Yamaha Scooter at the awards ceremony.

233 i































TRACK:
McKINNEY IN EUROPE



' THROUGH his sponsor Stichting Olympisch Vuur, quar-
ter-miler Nathaniel McKinney has secured a sponsorship to
travel to Europe to train and compete before the BAAA’s |.
Scotia Bank National Open Track and Field Championships |**
next month.

McKinney, who has run on the men’s 4 x 400 relay team, but
hopes to qualify for the 400, left for the Netherlands on May
20. He was expected to compete in his first meet on May 24.
The next meet on the schedule is May 31.



TRACK:
STURRUP/FERGUSON-McKENZIE CLASH



ON Saturday, sprinters Chandra Sturrup and Debbie Fer-
guson-McKenzie competed in the 100 metres at the FBK
Games in Hengelo.

While Kim Gevaert won the race in 11.25 seconds, Sturrup
clocked 11.27 for second and Ferguson-McKenzie was fifth in
11.34.

It was the first head-to- head meeting between the two
sprinters this year.

a i Se




TRACK:
SANDS AND AMERTIL IN BRAZIL



’ AT the Brazilian Grand Prix meeting on Sunday, Leevan
‘Superman’ Sands finished third in the men’s triple, while
Christine Amertil was second in the 200 metres.

Sands cleared 56ft 33 3/4ins for his third place on his sixth |;
and final jump. Cuban David Girat won the event with 56-8 1/4
on his second jump. Brazilian Jadel GreeoHO took second with
56-8 on his last attempt.

Armertil, on the other hand, ran 23.42 seeds for her sec-
ond place. The race was won by American Debbie Dunn in
22.90.



BASEBALL
CHAMPIONS DECIDED

FREEDOM Farm Baseball League continued on Saturday
with the following results posted:

TEE BALL ;

The Sea Dogs won 13-10 over the Raptors to win the title in
two straight games.

COACH PITCH

‘The Angels nipped the Bluejays 10-9 to take a 1-0 lead in-
their series. Game two is scheduled for Wednesday at 5pm.

MINOR LEAGUE

The Mets held off the Red Sox in eight innings to secure a
2-0 series win to clinch the title.

MAJOR LEAGUE ye
The Indians took a 1-0 lead in their series with a 9-7 decision
over the Marlins. Game two will be played on Wednesday at ||’

Spm.
rTUNIOR LEAGUE
The Cardinals routed the Nationals 17-9 to take a 1-0 lead
in their series. Game two will be played on Wednesday at Spm. |’
SENIOR LEAGUE
.. The Tigers blanked the Orioles 5-0 to take a 1-0 lead in their ‘|’
series,;Game two, will be played.on Thursday at Spm.




















tie






OFFSHORE CHAMPIONSHIP






Shimano 30W Tiagra




4





PAGE 14, TUESDAY, MAY 27, 2008





TUESDAY EVENING

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

NETWORK CHANNELS
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The Insider (N) |NCIS “Smoked” A burned and mum- |The Unit “M.P.s’ Jonas, Mack and |48 Hours Special: Polygamy, a
@ WFOR)n (co mified body foundin a furnace is |Grey must keep a 20 diva safe |World Apart Inside the world of
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nit THE ANDROMEDA STRAIN (2008) (Part 1 of 2) Ben- |THE ANDROMEDA STRAIN (2008, Science Fiction) (Part 2 of 2) Ben-
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‘

THE TRIBUNE



INTERNATIONAL NEWS



China fights flood threat

@ By AUDRA ANG
ANXIAN, CHINA

China grappled with backed-

up rivers and reservoirs in dan-
ger. of collapse, along with
looming storms that threatened
Monday to compound damage
from the country’s worst earth-
- quake in three decades, accord-
ing to the Associated Press.
. Two weeks after the magni-
tude 7.9 earthquake centered
in Sichuan province, the con-
firmed death toll rose to 65,080
With 23,150 people still missing,
the Cabinet said. The govern-
ment has said the final number
of dead is expected to exceed
80,000.

Many of the disaster victims
were children, prompting offi-
cials to clarify the country’s
strict one-child policy guide-
lines.

The Chengdu Population and
Family Planning Committee in
the capital of Sichuan province
said Monday that families
whose children was killed,
severely injured or disabled in
the quake can get a certificate
to have another child.

Chen Xueyun’s 8-year-old

son, Weixi, was killed when the .

family’s apartment ‘in
Qingchuan collapsed. Chen said
he searched three days before
finding the boy’s body. He
wears his son’s blue plastic
watch asareminder.

Monday’s announcement
could offer some parents some
hope, Chen said, after their grief
subsides.

“If they are still sad and
depressed, it’s impossible to talk
about another baby,” he said.

-“But in the future, it could be
quite helpful for them.”

On Monday, 1,800 soldiers
arrived on foot at the new
Tangjiashan lake in Beichuan
county to fight the flood risk,
each carrying 22 pounds of
explosives to blast through the
debris, the official Xinhua News
Agency said.

The lake is 2 miles upstream
from the center of Beichuan

county. Thousands of people _

who remained there after the
initial earthquake have been
evacuated in recent days as a
precaution.

With weather clearing that
had prevented helicopter flights,
heavy equipment was also lifted
in the area to help remove
debris, state media reported.

But thunderstorms were fore-
cast for parts of Sichuan later
Monday and Tuesday, the Chi-
na Meteorological Administra-
tion said, adding they “could
’ increase the risks posed by riv-
er blockages in some quake-hit
areas.”

The rains were likely to put
more pressure on dams and
reservoirs weakened by the

_ 70 percent of the 2 feet of rain

Danger of backed-up rivers and collapsing
reservoirs in wake of deadly earthquake

IN THIS PHOTO weledsad by China's official Xinhua News Agency, shown I is the cal lakes jonmiel afler the a May 12 arbauaket in Beichuan Coun-





Xinhua, Wang Jianmin/AP Photo

ty, southwest China's Sichuan Province Thursday, May 22, 2008. Earlier Sunday, May 25, the Cabinet said the confirmed death toll from the quake
rose to 62,664 with another 23,775 people missing. Premier Wen Jiabao has said the number of dead could surpass 80,000. Millions have been left
homeless, and some are now at risk of being inundated by floods from new lakes created when landslides from the quake and aftershocks dammed

rivers.

quake. The storms herald the
start of the summer rainy sea-
son that accounts for more than

that falls on the area each year.

The backed-up lake is one of
several dozen in Sichuan.

In An country, about 30 miles
to the south of Beichuan, a
landslide blocked the Chaping
river, submerging one eGn
village:

Residents say the lake has
been rising by about 7 1/2 feet a
day.

“The water was covering the
road, and two days later I could
not see the roof of my house
anymore,” said Liu Zhongfu,
31, a truck driver who built his
two-story wooden house him-
self, standing on a mountain
overlooking the new lake. A
sofa and bits of wood that were

seen floating among the debris
in the milky green water.
Liu.was working away from
home when the earthquake hit.
His wife, 3-month-old daughter

and 60-year-old mother all were
unhurt.

“T thought I could go back
but I have nothing now. My vil-



REFUGEES wait to be evacuated in earthquake-hit Qingchuan county in
southwest China's Sichuan province Sunday May 25, 2008. Hundreds were
being evacuated because of the risk of flooding from a backed up reser-
voir in the area. Elsewhere in Sichuan Chinese soldiers set to work Mon-
day trying to unblock a debris-clogged river threatening to flood homeless
survivors from the earthquake that ravaged Sichuan province two weeks
once part of houses could be ago.

lage, it’s all become a sea,” he
said. Water there was backed
up 2 miles along the river, said
Wang Li, county Communist

Party secretary. “We need to

- . take care of this soon, this is a

serious situation,” he said.

Elsewhere, 600 people were
voluntarily evacuated from
Guanzhuang in Qingchuan
county because of landslide
wotries.

“There’s no danger for this
exact moment from flooding
but we are very worried because
the whole mountain is loose,”
said Ma Jian, a local official.

Problems with dams and
reservoirs from the earthquake
and its aftershocks also have
been reported in other
provinces.

The Water Resources Min-
istry said Monday that three
small reservoirs in Shaanxi
province, just north of Sichuan,
were in danger of collapse after
the strong aftershock Sunday.
A total 2,383 reservoirs were in
danger across the country, the
ministry said.

China’s top Communist Party
leaders said relief efforts should
now focus more on resettlement

+

and post-quake reconstruction,
but that work to find survivors
should not stop.

The shift was announced at
a meeting of the Political
Bureau of the Communist Par-
ty of China’s Central Commit-
tee presided over by President
Hu Jintao, Xinhua reported.

Meanwhile, the Education
Ministry said it would investi-
gate whether flawed school con-
struction contributed to col-
lapses.

“We will punish those who
cut corners during school build-
ing construction and will have
zero tolerance for corruption
and shoddy school projects,”
spokesman Wang Xuming said
in Beijing.

In Mianzhu city, the Com-
munist Party secretary pleaded
with protesting parents —
whose children were killed in a
school collapse — not to co
plain to higher authorities, the
Southern Metropolis day]
newspaper reported Monday.

Despite Jiang Guohua’ §
pleas, the parents of the 127,

children who died kept march:

ing Sunday and eventually met!
with higher officials, who tol
them the government would
investigate. i
The march was the latest

example of growing angey

among Chinese about the
quake, especially the fact that

. nearly 7,000 schoolrooms were)
- destroyed while school was A |

session. Parents at severa

schools have held protests, defy
ing the government’s general
disapproval of such demonstraz
tions. 4

A photograph on the news
paper’s Web site shows Jian
on his knees, his arms out?
stretched in vain. i

“Please trust that th e
Mianzhu party committee ca
solve this problem,” he bane
the parents. “Don’t go!”

But the parents marched o
carrying photos of their ‘i
dren.

“We have no more tears,’
one mother told the newspapet 4

Also Monday, Xinhua report;
ed that one of the two pandas
still missing after the earth-

- quake had been found.

The panda was recovered
earlier in the day, but there
were no immediate details given
on its condition.

The pandas had been miss-
ing from the famed Wolong
panda reserve, located near the
epicenter in central Sichuan
province. The center suffered
heavy damage from the quake

and five staff members were

killed.



Associated Press Writer Cara
Anna in Beijing contributed to
this report.





COLOMBIA'S Defence Minister
Juan Manuel Santos’speaks at a
press conference regarding the
announcement of Manuel Maru-
landa's death made by the Revolu-
tionary Armed Force of Colombia
(FARC) in Bogota, on Sunday.

Legendary Colombian rebel dies in jungle of heart attack

i By FRANK BAJAK
BOGOTA, COLOMBIA _

Manuel “Sureshot” Marulanda, a
peasant’s son who built Latin America’s
mightiest guerrilla army but failed in a
half century of struggle to trigger a com-
munist revolution in Colombia, is dead,
according to the Associated Press. He
was believed to be 78.

The “comandante maximo” of the left-
ist Revolutionary Armed Forces of
Colombia, or FARC, died March 26 of a
heart attack, senior rebel leader Timo-
leon Jimenez said in a video broadcast
Sunday. He did not specify where Maru-
landa died, though military officials say
his death coincided with bombings in

southern jungles where he was believed |

to be holed up. A leathery-faced man
with piercing eyes and a sixth-grade edu-
cation, Marulanda was the world’s
longest-fighting rebel leader, the arche-
typal product of Colombia’s bloody mod-
ern times.

He took up arms in his late teens and
spent his entire adult life organizing resis-
tance to governments he considered cor-
rupt.

Famously reclusive and paranoid,
Marulanda was never known to have
gone abroad or even visited Bogota,
Colombia’s capital.

Jimenez said Marulanda’s death fol-
lowed a short illness whose nature he
did not describe. The guerrilla leader
spent his last moments “in the arms of
his companion, surrounded by body-

tet

4

SL

It’s waaaay better than fast food.
It’s Wendy’s.

guards,” Jimenez said. Marulanda
fathered at least seven children but is
not known to have married.

The FARC has suffered a series of
setbacks in recent months, including the
killings of two other members of its sev-
en-man ruling Secretariat.

Born Pedro Antonio Marin, Maru-

Janda took his nom-de-guerre from a

labor leader beaten to death in the 1950s
in a secret police dungeon. A master
strategist, he earned his nickname
“Tirofijo,” or “Sureshot,” for his skill
ambushing army patrols.

Unlike other Latin American guerril-
la movements, his survived as the Soviet
Union collapsed and Cuba’s military
influence shrank. Colombia’s lucrative

drug trade was the enabling engine. In

March 2006, the U.S. Justice Depart-
ment indicted 50 FARC leaders on
cocaine trafficking charges and offered a
US$5 million reward for Marulanda.

Marulanda’s story personifies the
political violence that has plagued
Colombia since the late 1940s. A
farmer’s son born in the small south-
western coffee town of Genova, Maru-
landa took up arms in 1949 after Con-
servative Party henchmen began slaugh-
tering supporters of the peasant-backed
Liberal Party. “The violence came after
me like a shadow, from one town to the
other,” Marulanda told biographer
Arturo Alape. Over a decade, at least
200,000 people died in political blood-
letting that became known as “La Vio-
lencia.”









rule

Insurers ‘in a quandry’
on rising boat thefts

@ By NEIL HARTNELL
Tribune Business Editor

Boat owners set
to face increased
premiums and
deductibles, with
some Carriers

BOAT owners whose ves-
sels are of the type heavily
targeted by thieves could find
it increasingly difficult to
obtain insurance in 2008, or
at least be faced with
increased premiums and

sedi a Babin turning down tisk
rismg marine theft claims. if OWNer places
mit Insurance's general man. 0 Other business
ieereasing levels of boat With them

thefts over the past 12-18
months had left his company
in a position where it would
only insure “high-risk” ves-
sels if their owner placed oth-
er insurance business with the
carrier. ;

_ The favourite theft targets
were high-powered boats,
valued at between $125,000
and $300,000, which had a
couple of outboard engines -
usually Yahama make - of
between 250-300 horse power
capacity.

Recalling how one such
vessel “disappeared” within
a week or two of Summit
insuring it last year, Mr Ingra-
ham said: “At the moment,
if you come to us to insure
one of these boats, and
there’s nothing else with us,
we will not be too keen to do~
it.”

He added that providing

insurance coverage for such
high-powered vessels had
almost become “an accom-
modation type business” for
Summit Insurance, the carri-
er only prepared to under-
write the risk if the owner
had existing business with it,
because “there’s such a high
risk it’s going to be stolen”.
Mr Ingraham said the
Bahamian insurance industry
‘suspected that the majority
of these high-powered craft
were stolen for use in drug
and human smuggling runs.
Increasing premium rates
was another option carriers
such as Summit were looking
at, Mr Ingraham said, telling
The Tribune: “We’re looking

SEE page 3B

Insurer beats underwriting
profit target by some 68%

@ By NEIL HARTNELL
Tribune Business Editor

allowing all insurers to gen-
erate profits that further
strengthened balance sheets.

This point was emphasised
in the chairman’s report by
Hugh Sands, who added:
“ICB needs to post a healthy
level of profit during hurri-
cane-free years in order to be
able to provide an adequate
return, over time, to both
reinsurers and shareholders.” : |

That was not a problem in
the 12 months to December
31, 2007, as underwriting
profits rose by 18.5 per cent
to $1.878 million, compared
to $1.585 million the year
before. Net income rose by
49.9 per cent to $4.127 mil-
lion, compared to $2.753 mil-
lion in 2006, Mr Duff stating
that ICB “set new records in
three important areas.”

These were gross written
premiums in excess of $50
million, a 3.7 per cent
increase upon the previous
year’s $49.924 million; net
profits; and net shareholders’ ©
equity of more than $15 mil-
lion.

INSURANCE Company
of the Bahamas (ICB), the
tied carrier through which J.
S. Johnson places much of its
general business, beat its pro-
jected 2007 underwriting
profits by 68 per cent on its
way to generating record:
annual profits.of $4.127 mil-
lion.

Tom Duff, ICB’s general
manager, writing in the com-
pany’s annual report, said:
“Our total underwriting prof-
it of $1.8 million was 68 per
cent better than budget.

“This better-than-expect-
ed performance was largely
due to the motor account,
where claims experience con-
tinued at an unusually low
level for the second year ina
row.”

Mr Duff said ICB, and
indeed the entire Bahamian
general insurance industry,
benefited in 2007 from a sec-
ond year during which major
hurricanes were absent,

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200

SECTION B e business@tribunemedia.net

PRESS





8



ROYAL BFIDELITY



Money at Work

NASSAU OFFICE

(242) 356-9801

FREEPORT OFFICE

(242) 351-3010

$300m liquidity to.

@ By NEIL HARTNELL
Tribune Business Editor

ank : of the

Bahamas Inter-

national is hop-

ing to conclude

formal alliances

with two Trinidad-headquar-
tered banks by the time its
financial year ends on June 30,
its managing director telling
The Tribune that Bahamian
interest rate margins are likely
to ease later in 2008 with sys-
tem liquidity standing at a:

“comfortable” $300 million. -
Paul McWeeney said the lat-
est Central Bank of the
Bahamas data, supplied to the
Clearing Banks Association
(CBA) for its meeting last -
week, showed that commercial
banking liquidity - the amount
of surplus assets available for

. onward lending purposes - had

reached $300 million.

Services offer protects most
sensitive areas from Europe

@ By NEIL HARTNELL
Tribune Business Editor

THE Bahamas will not allow
European firms entrance to

sensitive industries such as. :-

retail and wholesale by estab-
lishing a commercial, presence:
in this nation, its services offer
under the Economic Partner-
ship Agreement (EPA) fol-
lowing the existing National
Investment Policy “with some.
adjustments”.

A comparison between the
Bahamas’ services offer for the
EPA, which is due to be sub-
mitted to the CARICOM
Regional Negotiating Machin-
ery (CRNM) for assessment by
month’s end, and those sub-
mitted by other Caribbean

How do you attract and retain

- Superior perfor

aid interest margins

Bank of the Bahamas hoping to conclude alliances with
two Trinidad banks by fiscal year-end on June 30

: Paul ACen

nations, reveals that the Gov-
ernment appears to have incor-
porated recommendations by
various sector professionals
when making its commitments.
A government document
comparing the Bahamas’ ser-
vices offer on Mode 3, which
is the supply mode allowing
European firms to establish a
commercial presence (sub-
sidiaries ‘or branches) in this
nation, and vice versa, shows
that on engineering services
this nation is ‘unbound’ - mean-
ing that this sector is off-limits
to European firms - for 10
years following the EPA’s sign-
ing.
This position mirrors the rec-
ommendation put forward by
industry groups such as the



In addition, the nation’s for-
eign exchange reserves now
stood at around $800 million,
having been boosted by gov-

_ ernment borrowing in foreign

currency. This included the
completed $100 million bond
issue, plus the $100 million loan

. Inter-American Development

Bank (IDB) loan approved for
the New Providence Road
Improvement Project.

_ Mr McWeeney yesterday
told The Tribune that the
impact from these increases in
banking system liquidity and
the external reserves would
ultimately lead to a softening of
deposit rates, which had been
relatively high in.2007 as banks

Bahamas Society of Engineers,
which had urged that the
Bahamian profession be pro-
tected for 10 years.

Under the Bahamas’ EPA
services offer, no European
engineering firms will be
allowed to establish sub-
sidiaries in this nation until

- 2018, although they will be

allowed to joint venture with
Bahamian companies until that
time.

_In contrast, nations such as
Antigua, Suriname, Dominica,
Grenada and Guyana have
imposed no restrictions on
European engineering firms
establishing themselves in their

SEE page 4B

competed to attract scarce
deposits. .
In. turn, this would aid
Bahamian commercial banks’
interest rate spreads and inter-
est margins, likely leading to
risé in net interest income.
While deposit rates are linked
to money supply, Bahamian
commercial bank lending rates
are tied to Bahamian Prime,
which is unaffected by any
changes in liquidity and exter-
nal reserves levels.
Describing the “softening of
interest rates”, Mr McWeeney
said: “The interest rate spreads

SEE page 5B

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CREDIT SUISSE

Credit Suisse Group, Bahamas
Graduate Training Program |

Credit Suisse Group, Bahamas has operated an Apprenticeship Training
Programme in The Bahamas since the early 1990’s. Credit Suisse Group, Bahamas
is now pleased to announce the launch of its Graduate Training Programme, with
the first intake intended for July 1%, 2008. Full details andan application form can
be obtained from: Pe

_The Graduate Training Program Administrator
Credit Suisse, Nassau Branch
The Bahamas Financial Centre, 4‘ Floor
Shirley & Charlotte Streets
P.O. Box N-4928
Nassau, Bahamas

Fax No.: 242-356-8148
ion s should

returned NO LATER THAN JUNE 9, 2
AIM |

Credit Suisse Group, Bahamas is committed to identifying and developing the

best young talent in The Bahamas. Credit Suisse Group, Bahamas is offering:
one (1) year Graduate Training Contracts to College of The Bahamas graduates
or graduates returning to The Bahamas from accredited colleges abroad.

The program will accommodate three (3) graduates. Successful applicants will be
awarded a one year contract of employment during which time the graduates will
rotate between or within different business units or departments of Credit Suisse
Group entities. Permanent employment opportunities will be evaluated at the end
of this period. es eo

CONDITIONS —

1. The candidate is required to have a Bachelors Degree inone ofthe | —
following or suitably similar disciplines: .

oe

* Banking and Finance ~

« Engineering

+ Mathematics

* Finance :

* Economics. ~

* Economics & Finance ©

« Management

« Accounting :
* Computer Information Systems

2. The candidate must have graduated with a minimum grade point average of

3. The candidate cannot be an immediate family member of a person employed
at the Bank. ;

BENEFITS : :
Competitive Salary; Health and Life Insurance



NOTICE
Red Cross Appoints Senior Administrator

The Bahamas Red Cross is pleased to announce the appointment of
Miss Kim Sawyer as Senior Administrator of the Society.

Miss Sawyer an Assistant Director at the Department of Social
Services of the Ministry of Health and Social Development has been
seconded to the Society by The Bahamas Government for a period
of eighteen months.

Miss Sawyer brings a wealth of knowledge in the areas of Social
Services, disaster management, emergency. relief and assistance
programmes.

BUSINESS

THE TRIBUNE





Is a ‘Dynasty’
in the making?

IN my first article of 2008, I
wrote about the US presiden-
tial nomination process. I also
commented on how the Amer-
ican press has been riveted on
the US presidential primary
process. This obsession with
the US presidential nomina-
tion process has been infec-
tious, even here in the
Bahamas. In my adult lifetime,
I have never experienced such
interest in any political race.

_ Republicans

Shortly after my initial article
four months ago, the republi-
can nomination was secured by
Senator John McCain. The
Arizona senator is currently
awaiting the Republican Party
Convention, scheduled for Sep-
tember 1-4, 2008, in St Paul,
Minnesota, for the formal nom-
ination as its presidential can-
didate.

Democrats

On the Democratic party:
side, barring some major
implosion or catastrophe, it is
very likely'that Senator Barack
Obama will be the nominee as,
according to most sources, it
seems mathematically impos-
sible for his opponent, Senator
Hillary Clinton, to overtake
him in pledged and ‘super del-
egates’.

Notwithstanding the ‘reality

of the maths’, Senator Clinton

“has vowed to continue to con-
test every remaining primary

and make her final case for the
nomination at:the Democratic
Convention to be held on

August 25-28, 2008, in Denver,
Colorado. ‘ oe

mt

Financial
Focus



Historical importance
' The Democratic Party is on
the cusp of history, because if
Senator Obama receives the
nomination he will be the first
black presidential candidate. If
Senator Clinton receives the
nomination, she will become

the first female presidential -

candidate. What is most para-
doxical about this situation ‘is
that in order to achieve a first,
the US has had ta come to

-grips with some deep-rooted

issues that it has always found
more expedient to defer.
Race, gender and age will be
thrust before the American
electorate in their most
poignant manifestation since
the founding of the country.
How America responds will be
most telling, and will shape the
American consciousness for

‘many years to come.

Dangers of Political —

Dynasties

An interesting dimension
surrounding the possibility of
a second Clinton administra-
tion is summed up in an article
written by Hendrick Hertzberg,
entitled Dynastic Voyage,
which appeared in the New
Yorker Magazine on October
29, 2007... sepia spe

He wrote: “Shortly after
Hillary Rodham Clinton
declared her candidacy for

NOTICE

president last winter, Roger
Cohen, writing in the Jnterna-
tional Herald Tribune, declared
that ‘a delicate problem con-
fronts her that few people are
talking about: almost. two
decades of dynastic domina-
tion of American politics’.
Well, they’re talking about it
now.

. ‘Forty per cent of Ameri-
cans have never lived when
there wasn’t a Bush or a Clin-
ton in the White House,’ a
recent Associated Press story,
by Nancy Benac, begins. ‘Talk
of Bush-Clinton fatigue is
increasingly cropping up in the
national political debate,’
Benac goes on. ‘If Hillary Clin-
ton were to be elected and re-
elected, the nation could go 28
years in a row with the same
two families governing the
country. Add the elder Bush’s
terms as vice-president, and
that would be 36 years straight
with a Bush or Clinton in the
White House.’ And a cover sto-
ry in The Economist a couple
of weeks ago, while noting that.’
a woman President ‘would
undoubtedly be a good thing
for the country’ adds, omi-
nously, ‘But there is a down-
side: dynasty.””

Close Presidential relatives
_ Abraham Lincoln said that
democracy is a government "of
the people, by the people, and

for the people”. So if a person

is elected ina free, fair and

transparent election, should we

be concerned ‘about dynasties?

SEE page 4B

... ToAll Doctors Hospital Health System —

Bea Pape La

SHAREHOLDERS

The Board of Directors of Doctors Hospital Health System reports below summary financial results for
the year ended January 31, 2008, The complete set of financial statements will be contained in the

Company’s annual.report and posted on our website at wvew.doctorshosp.com

Consolidated Statement of Income

(Expressed in thousands of Bahamian dollars)

Revenues
Patient service revenue, net
Other revenue
Total revenues —

Expenses
Salaries and benefits
Medical supplies and services
Depreciation and amortization:
Bad debt expense, net of recoveries
Other operating
Utilities ;
Government taxes and fees
Outside services
Insurance
Repairs and maintenance
Rent
Dietary expenses
Legal expenses
Total expenses ,

Income before interest.
Interest expense

NET INCOME

Earnings per common share:
Basic and fully diluted

. Selected Balance Sheet Data

(Expressed in thousands of Bahamian dollars)

oe 909g

Year ended January 31,
2008

7 2007

38,098
982
39,080

14306
9,393
2.202

36,012
3,068

(738)

January 31,
2007

Cash and cash equivalents $ 6,630 $ 1,988

Accounts receivable— patients, net 1,270 1378

~ Accounts receivable—third party payors, net 4,787 5,094
Total current assets 14,582 15,477

Property, plant and equipment 8,920 9,359
Total assets 31,255 29,019

Total current liabilities 4,385 9115

Total non-current liabilities 7,066 3,302
Total liabilities 11,450 12,417.

Total shareholders’ equity 19,805 16,601

She succeeds Mrs. Marina Glinton who recently retired, after
serving the Society for 35 years.

7





THE TRIBUNE



Grand Bahama misses
$3.76m spending boost

@ By NEIL HARTNELL
Tribune Business Editor

GRAND
Bahama is
missing out on
a $3.76 million }
economic
boost because
the average |g
per capita
spend by
cruise visitors
is some $42.50 |
below’ the
regional Caribbean average,
the minister of tourism warned.

Addressing the Grand
Bahama tourism industry at the
island’s cruise ship facility last
week, an event staged to herald
Norwegian Cruise Line’s deci-
sion to place.a ship on a
Bahamas itinerary, Neko Grant
acknowledged
Bahamas had “work to do” to
increase earnings from cruise
tourism.

To illustrate the issues fac-
ing the Bahamian cruise
tourism sector, he said the aver-
age regional per capita cruise
passenger spend stood at $100,
compared to $57.70 per pas-
senger in the Bahamas.

Mr Grant said: “Note that
the average passenger spend in
the region is $100 per person,
compared with $57.50 per pas-
senger here. That’s a difference
of $42.50 per passenger or
some $3.76 million we are leav-



that the’

Island’s cruise visitor per capita spend
$42.50 below Caribbean average, with

onboard purchases of Grand Bahama tours:

behind New Providence and the region

ing on the table. That’s the kind
of money we are talking about.
“If we were to increase pas-

‘ senger spend on shore from

$57.50 per person on average to
$100 per person, the regional
average, total spend on Grand
Bahama would jump from
$5.09 million to $8.86 million
over the July 2008 to Decem-
ber 2009 period.

“On Grand Bahama Island
we continue to allow passen-
gers to leave with money in
their pockets that they want to
spend with us.”

Mr:Grant said there was
“much room for growth” in the
provision of tours and excur-
sions for cruise tourists in
Grand Bahama, noting how far
the island lagged both New
Providence and the rest of the
Caribbean when it came to
enticing passengers to leave
their vessels while in port.

“Our research shows that
approximately 25 to 26 per cent

of Norwegian Cruise Line’s

Grand Bahama passengers
actually purchase onshore

tours, compared to.36 per cent
in New Providence. In Orlan-
do, Florida, some 50 to 60 per
cent of the cruisé passengers
pre-purchase tours on board,”
Mr Grant said.

He added that of the 40 des-
tination tours and onshore
excursions currently offered on
Grand Bahama, only 22 were
sold in advance to passengers
onboard the arriving cruise ves-
sels.

Mr Grant said the Ministry
of Tourism continued to work
on providing authentic
Bahamian experiences for vis-
itors through so-called ‘Com-
munity Tourism’, with the first
five such attractions on Grand
Bahama set to be implemented
in July in the settlements of
Lewis Yard, Pinder’s Point,

- Hawksbill Creek, Eight Mile

Rock and Holmes Rock.
“This is what Community
Tourism must be about, allow-
ing our visitors to experience
first hand the historic, cultural
and interesting attractions
where they exist in the heart

of our settlements and com-
munities,” Mr Grant added.
“Increasing passenger. spend
will only happen if we do our
jobs well. This includes the

“need to provide more authentic

Bahamian experiences ,as well
as a critical requirement for
improved service standards in
our resorts, our restaurants, our
shops, our taxis and our bus
systems.”

On the Norwegian Cruise
Line side, Mr Grant said the
1900 passenger Norwegian Sky
would make three and four-day
cruises to the Bahamas, calling
twice-weekly on Nassau and
Great Sturrup Cay, and once
per week on Grand Bahama.

The Norwegian Sky is set to
call on Grand Bahama 42 times
over the next year, and 21
times by year-end 2008, deliv-
ering 39,900 passengers.

Mr Grant also praised the
$6.5 million investment at the
Pelican Bay resort, which
includes a breakfast restaurant,
function/meeting rooms, offices
and store rooms on five floors.



| Tel.: 393-4996 / 359-3850

Insurers ‘in a quandry’ on rising boat thefts

FROM page 1B

at requiring increased measures for boats
that appear to be targeted.

“For the past year to 18 months, it has
been a significant problem. When you tie
it in to normal marine losses, it really is a

drain on the marine account. We don’t ©

make a huge amount of money from
marine insurance. .,..

_ “I think people will find that insurers |

will require increasing security measures

put on these boats.”
Tom Duff, Insurance Company of the

Bahamas (ICB) general manager, admit- 7

ted to The Tribune that the Bahamian

, general insurance industry was “in a bit of

a quandry” as to how to combat rising
levels of boat thefts, adding that the issue
was “certainly a concern”.

Mr Duff said: “It is a continuing prob-
lem for the industry. I would imagine any
of the uriderwriters writing marine hull
business will pick up a significant share

of marine losses. j

“Right now, the industry is in a bit of a
quandry as to what can be done at an
industry level. It does seem a significant
issue, and certainly has an impact.”

The ICB general, manager said thefts
could occur from anywhere in the
Bahamas, including Lyford Cay, Nassau

- Yacht Club or private docks and jetties,

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NOTICE |

IN THE ESTATE OF JOAN ENICE ALBURY late of the
City of Nassau on the Island of New Providence on of
the Islands of The Commonwealth of The Bahamas,
deceased.

NOTICE is hereby given that all person having any claim
or demand against the above Estate are required to send
the same duly certified in writing to the Undersigned on
or before the 13th day of June, A.D., 2008, after which
date the Executors will. proceed to distribute the assets
having regard only to the claims of which they shall than
have had notice:

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

LEANDRA A. ESFAKIS
Attorney for the Executors
Chambers
P.O. Box SS-19269

No. 16 Market Street
Nassau, New Providence
The Bahamas



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PAGE 4B, TUESDAY, MAY 27, 2008

THE TRIBUNE



RE a ee a ENE as
Services offer protects most sensitive areas from Europe

FROM page 1B

countries from the date the
EPA is formally signed, which
looks like July 2008.

And when it’comes to
accounting, auditing and book-
keeping services, the Bahamas
will also be ‘unbound’ - mean-
ing it has made no commit-
ment to open the sector up to

European firms at all - in rela-
tion to “accounting and audit-
ing of Bahamian entities”.
The Bahamas Institute of
Chartered Accountants
(BICA) had been concerned
that the EPA services offer
could erode financial services
regulation in the Bahamas and

_ the industry’s to self-regulate if

European accountants were

NOTICE

IN THE ESTATE. OF CAPTAIN AUDLEY

AUSWELL .PATRICK RUSSELL

late of

FREEPORT, GRAND BAHAMA one of the
Islands of the Commonwealth of The Bahamas:

Geccaseds

Notice s hereby given that all persons having
any claim or demand against the above Estate are

required to send their names,

addresses and

particulars to the same certified in writing to the
undersigned on or before the 14th of July, C.E.,
2008 and if required, to prove such debts or claims,
or in default be excluded from any distribution; after
the above date the assets will be distributed having

regard only to the proved debts or claims of

which the

Executors. shall have had _ notice.

And Notice is hereby given that all persons
indebted to the said Estate are requested to make
full settlement on or before the aforementioned date:

Dated the 23rd day of May, C.E., 2008

MCDONALD & CO
Attorneys for the Executors
Chambers
Lex House, Settler’s Way
Freeport, Grand Bahama, Bahamas



allowed to come ‘in and out’
of this nation, signing-off and
giving audit opinions on
Bahamas-domiciled entities.

Apart from difficulties in
reaching overseas auditors if
there was a problem, BICA
pointed out that allowing
European accountants to per-
form attestation services also
conflicted with the Public
Accountants Act 1991. This
states that only BICA licensees
are allowed to perform such
audits.

The Bahamas, while pro-
tecting the accounting and

- auditing of Bahamas-domiciled

entities for Bahamian account-
ing firms only under the EPA,
will open up these services for
foreign-domiciled entities.
This nation’s EPA services
offer, at least when it comes
to accounting, is far more
restrictive - at least when it

DYNASTY, from 2B

My research has revealed
that there have been two
father-son presidents: namely

John Adams (1797-1801) and’

John Quincy Adams (1825-
1829), and George Bush (1989-
1993) and George W Bush
(2001-present); and one grand-
father/grandson combination
in William Henry Harrison
(1841, died after one month)

and Benjamin Harrison (1889- .

1893). In all cases above, these
close relatives were not of the
same generation.

While many countries have
had female presidents or prime
ministers, it is not common for
countries to have both a hus-
band and wife serve as leader.
One notable exception is
Argentina, which has had both
the Perons (Juan and Isabelita)

A multi faceted cornmanicn Gone! consulting company that is
currently undergoing market expansion wishes to employ:
experienced commission sales executive. The-ideal person
would have a‘minimum of threé'years in commission sales;
have their own private vehicle. We are looking for excellent
_ communicators that are driven. Candidates must have computer
skills and be able prepare public presentations on behalf of

companies clients.

A degree in marketing or business is preferred but not a must.

Persons interested should submit CV’s and reference letters to:

by May 31, 2008.

DA#6282
P.O. Box N-3207
Nassau, Bahamas



comes to Mode 3 commercial
presence - on auditing’ and
accounting than other
Caribbean nations, the likes of
Barbados, Dominica, Jamaica
and Trinidad & Tobago having
opened their borders to Euro-
pean accounting firms.

Like engineering services,
other Bahamian industries
where European firms will not
be allowed to form a commer-
cial presence until 2018 (for
the first 10 years of the agree-
ment), apart from joint ven-
tures with Bahamian compa-
nies, include architectural ser-
vices, urban planning and land-
scaping services, medical and
dental services, neurosurgery,
epidemiological services, vet-
erinary services, and midwife,
nursing and physiotherapist
services.

Another sector the Govern-
ment appears to have listened

and the Kirchners (Nestor and
Christina). However, one must
be extremely careful in citing
Argentine politics as an exam-
ple, given that the country has
had a long history of coup and
military-junta led governments,
and certainly cannot be con-
sidered a model democracy. In
the US, there have been exam-
ples where wives have coim-
pleted the term of office,
where Senators had died, and
they succeeded their husbands
as appointees of the incumbent
Governor.

No matter how talented and
capable the individuals may be,
I question whether America is
ready for husband/wife presi-
dents at this time: I also ques-
tion whether the system truly
contemplated having a former
president actively and openly
campaigning for his/her spouse
in the manner we are current-
ly seeing. However, for the
sake of balance, in a democ-
ratic system, neither point
raised above should mat-
ter...so maybe we can and
should have Hillary as nomi-
nee, and even contemplate
Chelsea in eight years if she is
so inclined. ,

with the problem extremely difficult to police ~
from a law enforcement perspective.

Increased marine insurance premiums and
deductibles were a distinct possibility as the
Bahamian insurance industry sought to com-
bat the increased claims and losses associated
with marine theft, Mr Duff warned.

“When the industry is faced with continuing
losses in a particular line of business, you have
to see where the losses are coming from and
where they can be reduced,” he added, indicat-
ing that insurers would also go through the risks
already underwritten and on the books with a
‘fine tooth comb’ to remove those considered

unacceptable.

“It is having an impact, and is something that
is certainly a concern to ICB,” Mr Duff told
The Tribune: “We will monitor it very closely.

“It’s been a continuing issue for me ever since
I came to the Bahamas 14 years ago. My gut
feeling is that it’s [marine theft] a little worse
than it has been in the past couple of years, but
that’s a reflection of rising crime.

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E-mail: simone. kellman@firstcaribbeanbank.com

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INTERNATIONAL BANK

GET THERE. TOGETHER,

to, when forming its EPA ser-
vices offer, is the construction
industry and the Bahamian
Contractors Association
(BCA).

While the likes of Dominica,
Guyana, Jamaica and Trinidad
& Tobago have removed all
restrictions on European con-
struction companies coming
into build hotels in excess of
100 rooms, the Bahamas’ EPA
services offer has protected this
sector for Bahamian contrac-
tors only up to resorts with 250
rooms or less.

Such an increased limit had
been sought by the BCA, with
European construction firms
allowed to come into the
Bahamas to build hotels with
more than 250 rooms.

The Bahamas’ services offer
protects indefinitely industries
such as retail, wholesale, com-
mission services and gasoline

Conclusion

The decision of who
becomes the nominee for the
major political parties, and
who becomes the next: presi-
dent of the US, is one that the
American people will ulti-
mately decide.

Whoever becomes the next
president, my wish is that he
or she pursues an agenda that

promotes peace, stability and

prosperity on a global basis.

Postscript

I wish to personally extend
my congratulations to Sir
Arthur Foulkes on reaching

_ his 80th birthday. Back in 2001,

I had the privilege of hosting
the Lunch Bunch’s Luncheon,
honouring Sir Arthur when he
received his knighthood.
Among his friends offering
congratulatory messages at the
time were Sir Orville Turn-
quest, 'Sir Sidney Poitier, Sir
Clement Maynard, Sir Arling-
ton Butler, Arthur Hanna,
Archbishop Drexel Gomez

- and Lunch Bunch members.

On his 80th birthday, Win-
ston Marshall, a Lunch Bunch
membe,r observed: “I am con-
vinced that Sir Arthur has

--INSURERS,; from page 3B

retailing, which are already
reserved for Bahamian own-
ership only, from European
companies establishing a rival
commercial presence.

Other areas the Government
has sought to protect with an
‘unbound’ offer are fishing ser-
vices, agriculture services, man-
ufacturing services, security
services, building cleaning ser-
vices, insurance brokerage and
agency services, travel agen-
cies and tour operators, pri-
mary and secondary education
services and various trans-
portation services.

Many other Caribbean coun-
tries appear to have gone a lot
further in opening up key eco-
nomic sectors than the
Bahamas, according to the
Government document
obtained by.The Tribune,
when it comes to the EPA and
Mode 3 commercial presence.

been not a mere observer to
Bahamian history....but a real
actor in the process. I am
aware that you have sacrificed
much, and to a great extent are
one of the unsung heroes of
the revolution. You stood your
ground for what you believed
and have inspired many of us
to embrace the principles of
democracy and collective lead-
ership.” Sir Arthur, we salute,
on achieving this milestone.
Until next week...

NB: Larry R. Gibson, a
Chartered Financial Analyst,
is vice-president - pensions,
Colonial Pensions Services
(Bahamas), a wholly-owned
subsidiary of Colonial Group
International, which owns
Atlantic Medical Insurance
and is a major shareholder of
Security & General Insurance
Company in the Bahamas.

The views expressed are
those of the author and do not
necessarily represent those of
Colonial Group International
or any of its subsidiary and/or
affiliated companies. Please
direct any questions or com-
ments to rlgibson@atlantic-
house.com.bs

“The industry has talked about selling Lo-
Jack products for marine hulls, but these things
take a long time to come to fruition, and I don’t
see it happening in the near future.”

Both J. S. Johnson and Bahamas. First noted
in their 2007 annual reports the increasing lev-
els of marine theft, the latter describing its as a
“vexing problem” that “continued to plague
the market in 2007”.

“The issue is generating widespread market
reaction to combat the problem. While the pre-
mium in this class of business increased slightly
in 2007, the theft losses held the underwriting
profit to a level just slightly higher than the pri-

or year,” Bahamas First said.

Steve Watson, RoyalStar Assurance’s man-
aging director, told The Tribune that while his
company did not underwrite much marine busi-
ness, he felt the market was “underpricing the
risk” in terms of the premium charged.

_ He added that despite boats being a riskier
insurance risk than houses, the latter’s premiums

were much higher than boats.

NOTICE

NOTICE is hereby given that BENSON JOSEPH of
No 19 Flamingo Gardens, NASSAU, BAHAMAS, is
applying: to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen
of The Bahamas, and that any person who knows any
reason why registration/ naturalization should not be
granted, should send a written and signed statement of *
the facts within twenty-eight days from the 27thi day of
May 2008 to the Minister responsible for Nationality and
Citizenship, P.O.Box N- 7147, Nassau, Bahamas.

KIRILUS INVESTMENTS LTD.
| (Company number 110,130)

An International Business Company

(In Voluntary Liquidation)

I, Jean-Francois Rochette Liquidator of KIRILUS INVESTMENTS
LTD. hereby certify that the winding up and dissolution of KIRILUS
INVESTMENTS LTD. has been completed in accordance with the
Articles of Dissolution and that KIRILUS INVESTMENTS LTD.
has been dissolved as of the 30th day of April, 2008.

Dated this 21st day of May, 2008

Jean-Francois Rochette
Liquidator





THE TRIBUNE

TUESDAY, MAY 27, 2008, PAGE 5B



Ten companies sought
for HIV/AIDS initiative

@ By CARA BRENNEN-BETHEL
Tribune Business Reporter

THE Bahamas Employers Confed-
eration (BECon) yesterday said it was
looking for 10 companies to volun-
teer for a regional initiative aimed at
addressing the impact of HIV/AIDS
in the workplace.

Brian Nutt, BECon’s president, told
Tribune Business that the program-
me’s goal was to raise awareness of
AIDS at the corporate level, and allow

national policies on the matter.

“The impact of HIV/AIDS in the
workplace can be quite significant,”
Mr Nutt said. “If a person has
HIV/AIDS, it means that they are
unable to resist infection, so you will
have an employee who misses work a
lot. Any time you have workers away
from the job, productivity is lost and
employees are less efficient.”

He explained that BECon has just
invited 10 companies to volunteer for
the programme, adding that a mix of

“Actually, we would like all com-
panies to participate. It would be
good if we could have a mix of com-
panies, you know, large or small from
a variance of sectors to contribute to
the national policy,” the BECon pres-
ident said. -

Mr Nutt added that there was no
cost to the companies, and that region-
al organisations will pay all the costs.

He said the programme should be
completed and results available by
mid-2009.

nate and monitor the implementation
of a Workplace Policy and Pro-
gramme on HIVand AIDS in public
and private sector enterprises through-
out the region, and is being sponsored
by the Pan-Caribbean Partnership
against HIV and AIDS (PANCAP)
in collaboration with the Pan-
Caribbean Business Coalition against
HIV and AIDS (PCBC), the
Caribbean Employers' Confederation
(CEC), the Caribbean Congress of
Labour (CCL), and the International

within the framework of the
Caribbean Tripartite Council on HIV
and AIDS (CTC).

This initiative is intended to align
with the objectives of national
HIV/AIDS response, and advance the
implementation of the National
Strategic Plan on HIV/AIDS in each
country. The importance of this ini-
tiative in preventing the spread, and
mitigating the impact, of HIV and
AIDS in the workplace, as well as
advancing industrial health and pro-

participating companies to help set

firms would be ideal.

/ The initiative will promote, co-ordi-

Labour Organisation (ILO), acting

ductivity, is well documented.

300m liquidity to aid interest margins

FROM page 1B

are starting to get better, with
excess liquidity of $300 million
_ and excess reserves of $800
million being at extremely
comfortable levels.

“Due to the combination of
softer credit growth and gov-
ernment borrowing, these two
items have served to support
growth in external reserves and
liquidity. The growth of credit
has slowed down consider-
ably.”

The softening impact on

commercial bank deposit rates,
though, would not be felt until
the 2008 second half. Mr
McWeeney explained that this
was because many investors,
especially those who controlled
large deposits, had locked-in
long-term rates, which would
only start to become renew-
able around September/Octo-
ber 2008.

The Bank of the Bahamas
International managing direc-
tor said that while demand
remained strong for middle

NOTICE

ANGLO BAHAMIAN BANK LIMITED
‘(In Voluntary Liquidation)

Notice is hereby given that in persuance of Section 249

market mortgages, the demand
for both commercial .and con-
sumer loans had softened.

He added that this was nor-
mal behaviour in an uncertain

_ economic climate, as Bahami-
. an businesses held off on any

major investments and con-
sumers were reluctant to add
to consumer debt.

Mr McWeeney said the main
concern for the Bahamian

commercial banking system at ~

this point was loan portfolio
and asset quality, given that

the economic slowdown could |

force people into delinquency
and default on their loans.

“We’ve seen an increase in
delinquencies, maybe an aver-
age of one or two percentage
points, but nothing significant.
It’s not to the extent that it’s
causing any major concern,”
Mr McWeeney said.

“We’re putting our main
attention on delinquencies. All

lenders do this at this time, due

to the economic circumstances.
They put increased focus on
delinquencies to ensure asset

. quality ‘remains in good

shape.”

Mr McWeeney said Bank of

the Bahamas International
remains “in a mode to expand
the bank’s franchise interna-
tionally”, and was continuing
to “actively pursue” alliances
with other Caribbean and
Latin American banks as “part
of our strategy to look outside
the Bahamas”.

He added that Bank of the
Bahamas International already
had “working relationships”
with two Trinidad-headquar-
tered banks, whom he declined
to name, and was “going

through the process of formal-:

ising these alliances”.

Saying these alliances should
be concluded “fairly soon”, Mr
McWeeney told The Tribune:
“We’re working with them

Tight now, and hopefully by the

end of this fiscal year [on June
30] both deals will be com-
plete.”

The alliances would enable
Bank of the Bahamas Interna-
tional to “better look to diver-
sify our risk and bein a posi-
tion to offer bilateral services

to acommon customer base”. .
Both Trinidad banks had a °

presence throughout the
Caribbean and Latin Ameri-
ca, something that would aid
Bahamian businesses looking
to-expand and do business in
those regions - something
Bank of the Bahamas Interna-
tional could facilitate.

In addition, the bank would
also serve as the first point of
contact for Trinidadian busi-
nessmen and others from those
regions looking to enter the
Bahamas market, Mr
McWeeney said.

Bank of the Bahamas Inter-

national was also “in discus-

‘sions with other retailers” to

roll-out its Moneygram money
transfer business throughout
the Bahamas, having launched
the initial outlet at Abaco Mar-
kets’ Solomon’s SuperCentre.

Mr McWeeney said Bank of
the Bahamas International
wanted to increase its non-rev-
enue interest base, and was
looking to do this through
“technology and non-credit
type services”.

With Bank of the Bahamas
International’s asset base hav-
ing increased by 58 per cent in

three years, and the uncertain- _

‘ ty over the economic outlook,

Mr McWeeney said the man-
agement team was “not grow-
ing the bank’s book of busi-
ness very much at this time”.

It was focused on improving
liquidity ratios, with invest-
ments in government-regis-
tered stock, and “managing the
previous growth and the deliv-
ery of quality service over the
next 12 months”.

of the Companies Act a General Meeting of the Members
of the above-named Company will held at the Registered
Office of the Company at FT Consultants Ltd, One Mon- |
tague Place, 2nd Floor, East Bay Street, Nassau, Bahamas
on the 27th day of June 2008, at 10:00 am, for the purpose
of having an account laid before them, showing the man-
ner in which the winding up had been conducted, and the
property of the Company disposed of, and hearing and
any explanation that may be given by the Liquidator, and
also of determing by Extraordinary Resolution the man--
ner in which the books, accounts and documents of the
Company, and of the liquidator shall be disposed of.



“ WANTED.

ake Seadone for the, position of...

ASSISTANT MANAGER
FOR A RETAIL STORE

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.













Experience in managing people
Must have excellent organizational skills,
excellent customer service and sales skills

Please mail
Resume and photograph to:



Assistant Manager Position,
P.O. Box N-523,
Nassau, Bahamas ©

Dated the 27th day of May, 2008

Paul EF Clarke

a NOTICE
Liquidator



— BAHAMAS
yo: upet om ret J,

LIMELED.-—

DEVON ENERGY MONDAH BAY, LTD.

Pursuant to the Provisions of Section 138 (8) of the
International Business Companies Act 2000 notice
is hereby given that the above-named Company has
been dissolved and struck off the Register pursuant
to a Certificate of Dissolution issued by the Registrar
General on the 8th day of May, 2008.

aac Lui

Bahamas Supermarkets Limited operates a leading supermarket
chain in The Bahamas. As a market leader, the Company prides
itself on delivering premier service through its City Market
supermarkets, having a strong commitment to its customers,
associates and community.

CLOSED FOR STOCKTAKING

Nassau Motor Company’s

Parts Department

will be closed for stocktaking...

MAY 2008









An opportunity for a Chief Accountant to join this market leader
has arisen.
Lynden Maycock
Liquidator
of
DEVON ENERGY MONDAH BAY, LTD.

Reporting to the Financial Controller, the successful applicant will
need to hold a professional accounting qualification (CA, CPA, ACCA
or CMA) and have previously led a high-performing accounung
team in a diverse accounting environment. Key selection criteria
include:

Sound technical and practical experience in financial
accounting, and financial Management controls and
systems
. Strong business acumen with the ability to creatively
solve problems
Ability to manage, with a strategic focus,.all aspects of a
high-volume accounting environment while providing
quality and meaningful financial information
Manage relationships within the business encompassing
budgeting, forecasting, reconciliation and analysis of all
operational accounts, cash flow and asset management
Ability to lead and motivate a dynamic financial team
Ability to identify system, control and _ process
improvements
Have superior communication and interpersonal ' skills
with the ability to mentor a team
Solid functional computer skills with working knowledge
of Microsoft applications and automated financial and
distribution reporting systems



NOTICE



JUNE 2008

We will be closed from 5:00pm
Wednesday, May 28 through
Sunday, June 1.
We will re-open on Monday, June 2.

TSMP LTD.

Pursuant to the Provisions of Section 138.(8) of the
International Business Companies Act 2000 notice
; ; is hereby given that the above-named Company has
We regret any inconvenience

to our valued customers.

been dissolved and struck off the Register pursuant
to a Certificate of Dissolution issued by the Registrar
General on the 8th day of May, 2008.

If you have what it takes to succeed in this challenging role,
forward your resume and cover letter to:

Human Resources Director
Bahamas Supermarkets Limited
East-West Highway « P. O. Box N 3738 » Nassau, Bahamas
Or e-mail to: humanresources@bahamassupermarkets.com
No telephone inquiries please

Lynden Maycock
Liquidator
of
TSMP LTD.

Shirley Street ¢ 356-7932

partsorder@nassaumotor.com ¢ www. nassaumotor.com,

>, of
Cis (arket,



SAAT ORNS



PAGE 6B, TUESDAY, MAY 27, 2008




COMICS PAGE

Tribune Comics








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say











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| CAWT FIND ae Me S\TTING ?
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LIKE THIG OPERATE

WHY CANT YOU
JUST MIND YOUR



I WITH NO WORKERSF OWN BUSINESS?
APARTMENT 3-G
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| THEY WANT, LU ANN — SHOT OF THE ARTIST.

YOURE IN THE WAY.

BLONDIE

| “is TONIGHT THE NIGHT Were

TALKING ABOUT HAV



©2008 by North Amarica Syndicate, Inc. World nghts reserved.







USUALLY THAT'S THE 1]
KINO OF GONVERSATIO



















YEAH, MAYBE THAT'S





WHO IT WAS
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BECAME THE STAR CLOTHES, #K43
\, OF THE Tv SERIES STICKERS, The bidding:
“MONA ARIZONA” CARDS, East South West — North
1¢ 1¢ 2¢ 34
BOOKS, 4¢ 4o

POSTERS...4 Opening lead — four of diamonds.

The subtleties of defense avail-
able to a pair in tune with one

impending defeat into victory. The
messages exchanged need only be
correctly interpreted for the best
result to be achieved.

For example, examine this hand
played in a team match. At the first

(©2009 by North America Syndicate, inc. World rights reserved.
a
5
so
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ped
esr
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weve kingleaturos.com

got to four spades on the bidding

shown, and West led a diamond. East:

took the king and continued with the

LON THE
| OTHER HAND
THINK oF ALL
THE NONEY
WE'RE SAVING
ON GAG

2










NIN PERPETUAL
OPTINNGE Gel
PUNCKED A ST

Dist. BA UNWeRSm evESS SIND

the main

body of

(Chambers

21st
Oil edition).
word, each letter may be used
No plurals.

Century

Dictionary
HOW many words of four letters
or more can you make trom the
once only. Each must contain
the centre letter and there must
TODAY'S TARGET
Good 19; very good 26; excellent

The
Target
uses
words in
(1999
letters shown here? In making a
be at least one nine-letter word.
37 (or more). Solution tomorrow.

©2003 dy King Featras Syndicate, Ine. lord rghts reserved.













































4 CROSS ; DOWN
i °g 1 She’s upset by Charlie in a game (5) 2 Ananimal stopper! (6)
B & — Figure to tose a littie height (5) 3 it may involve acting in a picture (6)
i ¢ fish flat out on the ded? {7} ” 4 Bestill in position? (3)
H U } 70 Fast ships? (5) 5 Sees there’s food in a ship (5)
Ni | % -Wise old fellow ied astray with & Put up before Charlie and Ted (7)
i hesitation {5} 7 Whence there's a wet outlook in all
E “9 32 Ninety-nine of them can directions (4)
be pricey {5} § To a wicked deed, he paid
y -2_ Stony hearted beauties (7) attention (6) /
T Gq 3S Go together is: time to talk (3) i2 They're usually sweet and soft to”
ii W 617 -Roguish and of deculiar charm (4} one’s ears (5)
Y i 78 ~~ Choose to start a5 you 13 There’s a path round many such an
| i 0 4 fimsh (6) area (5)
, if 19 Released a doy ic go out East (5) 74 He pretends to have nothing (being
a | ti = 20 Charlie nas to scour araund for this in the cart?) (5)
I | plant (6} 15 Note the return, also (5)
bi f 22 «Resolute in business (4) 46 Charges for a half better ‘teat
5 i N 24 It represents 2 female in gauche . manuscript (5) re ACROSS DOWN
4 relationships (33 1 wood’ 1 Perfect (5) Nonsense (6)
l} -. re ps ( sash 18 The half dead bit will cost you |; 6 Elk (5) 3 Against (6)
I 25 Places of amusement possibly nice money (5) 3 Translation (7) 4 Allow (3)
b oO for mothers (7} i9 Very quick to get angry (7) 10 Metal 5 Russian
i i N 26 A good Geal of vision (5} 2? for jack to be in the red will be a Lu |! 1 ne (5 6 Dalia
Hh : ? : ea e
Te 27 Forbidden way to make a boot (5) hindrance (6) rs worker (8) wind (7)
h E | 28 What | would be to have Lucy rounc 22 These will contribute to your having N 12 Angry (5) _ 7 Burden (4)
H ior the weekenc {5} two stiff legs (6) = —B ae 8 a
ie : 29 ne Place for pieasure that’s 23 To learn ill about the King’s Head > 1S Vegetable (3) ; 12 Beliefs (5)
1 é ( enjoyable anc honest (3,4} can cause bitter feelings (6) w~” 17 Plant (4) 13. Reason +
i 30 What Sadie couid give a chap 25 Is light, but husky {5) < 18 Hidden (6) : (5)
H R f wrongly? (5} 25 Thus the FA has lengthy support (4) Lu 8 a 7 ae
ie e in the Sn ie, cy 5 Sas . 20 oze Imes (5:
HY O { 31 Aplace in the Snerwooe Forest (5) 28 Say some of the silliest things? (3) 22 Entreaty (4) 16 Book af
if Ss 1 ‘ 24 Finish (3) maps t9}
I y - 25 Meals (7) i = es
Ws = a Se ~ | 26 Rambler (5) eae
es i ‘ 21 Last (6)
He ; 27. Healed (5} 22 Crayor: (6)
f W } Yesterday’s cryptic solutions Yesterday’s easy solutions 28 Garret (5) BOM Y is
i ACROSS: 1, {the) Splits 7, Hard-Ware 8, Emma 10, Valued 11, | ACROSS: 1, Scarce 7, Disarray 8, Flag 10, Plaice 11, Facile 14, 29 Renovale (7) ieee 5 (6;
| © | vesignss, antt6, Dates 17, Lane 18, Co-rot 2, Have-n22, | Tee 16, Mules 17, Sped19, Taper 21, Panel 22, Habit 23, 30 Unwanted ete wi
ff No-Ted 23, Room 26, TU-lip 28, V-ex 29, Amulet 30, Pipers |-Mere 26, Carol 28, Had 29, One day 30, Canine 31, Omit tants (5) Bi SOUE OF
; R “9 31, G-me-n 32, Recounts 33, T-Al-ent 32, Relieved 33, Encore | pans celle 4)
! | DOWN: 1, Snive-L 2, Immune 3, S-had 4, Added on 5, T-amil | DOWN: 1, Shapes 2, Relied 3, Edge 4, Caramel 5, Trail 6, a Type) a8 UNS!
i D 6, Reins 8, Elan 9, Me-t 12, Sat. 13, G-ecko 15, Cover 18, Pyres 8, Fate 9, Ace 12, Cur 13, Lever 15, Panic 18, Pagan 19,





| Album 13, Cat 20, Red 2i, Hop-eful 22, Nil 23, Repeal 24, O-
A-en 25, Mus-cat 26, Tarry 27, Lunch 28, Vi-m 30, Post

of}

Tab 20, Pet 21, Palaces 22, Hod 23, Maniac 24, Edit 25,
Emerge 26, Cobra 27, Reply 28, Ham 30, Code




7 Pens OP

{== .0 pee a)
5 =:

“BE SURE THE POCKETS ARE Ble
ENOUGH FOR MY PET FROG.”

another can sometimes convert °

5 table, nothing much happened. South’









RIGHT NOW,








Good Partnership Defense

ace. Declarer ruffed, led a trump and
eventually lost a club to the ace to
make exactly four spades.

At the second table, the same con-
tract was reached on similar bidding,
but here the defense functioned more
effectively, and South went down
one.

West led the four of diamonds,
just as at the first table, and East also
won with the king. But at this table,
East did not continue the suit. He
realized from the bidding and open-
ing lead that South almost surely had
started with a singleton diamond.

So at trick two, he shifted to the
ace of clubs. He was hoping to find
West with the king of clubs, in which
case a club continuation and a ruff
would defeat the contract.

West didn’t have the king and
might have played the.deuce on the
ace to deny it, but he did have the ace
of spades, a card his partner knew
nothing about. Since East seemed
interested in obtaining a club miff,
West played the nine on the ace, ask-
ing for another club lead.

East happily obliged, and though
he was temporarily disappointed
when declarer showed up with the
king, he got his club ruff a short time
later when West won the spade ace
and retumed a club to sink the con-
tract.

TARGET



YESTERDAY’S SOLUTION

abate abated abdicate
ABDICATED abet abide ;
abided aced acid acted addict
aide aided baaed baddie bade
bait baited bate bated bead
beat beta caddie cadet cadi
dace date dated dead idea



New
fed ate

ania offspring
produced by
certain animals




Bent Larsen v Boris Spassky,
Bugojno 1984. They used to call
them the Horwitz bishops, two
prelates on adjacent diagonals
targeting the opponent's castled
king. The legendary Spassky, who
lost his world crown to America's
Bobby Fischer in Reykjavik, always
liked the bishop pair and here he
has a promising attack with queen
and rook joining the action.
Meanwhile, Denmark's Larsen

hopes to take the initiative and gain

a pawn by Bxd4 or Nxc5. The
position seems unclear, but
Spassky's next two turns, the first
obvious, the second a sacrifice,
forced White to resign. What
happened?

WHY DONT WE JUST HIT
HER WITH WATER BALLOONS | | HOBBES, BUT LETS FACE IT,








SEE THAT IT “ACC\DENTALY ”
FAUS INTO SUSIE'S HANDS !





THE TRIBUNE

c Dennis )|( Calvin & Hobbes _)




YOU'RE A GOOD OFFICER,

YoU DONT: HAVE AN
EXECUTE

T STILL THINK MY
\DEA SORT OF
MAKES SENSE...







NATURALLY, SHELL Go THERE,
AND WELL) BE WAITING, READY

TUESDAY,
MAY 27

AQUARIUS - Jan 21/Feb 18

Make time for romance with your
partner, Aquarius. He or she needs
some alone time with you. If you're
not attached, now is the time to seek
out a new mate.

PISCES — Feb 19/Mar20
You're feeling better than ever,
Pisces. Build upon your burst of
energy by starting a new project
around the house.

ARIES — Mar 21/Apr 20

Stop worrying about what you can’t
change, Aries. Focus your attention
on those things that are in your con-
trol, like your finances. Start saving
for a big purchase. °

TAURUS — Apr 21/May 21
Hold onto your hat, Taurus; things
are going to be a whirlwind this
week. Many people will be vying for
your time, and you'll need to sched-
ule most of them in.

GEMINI - May 22/Jun 21
Think hard before you give a friend —
advice; Gemini. Are you voicing your
opinion because you care, or do you
have an ulterior motive? Don’t cause :
added problems.

CANCER — Jun 22/Jul 22 °

Things are looking up, Cancer. You

. Just need to hang in there a little while

longer to ride out a storm that has been
‘brewing. Friends and family arc a con-
tinued source of support.

LEO — Jul 23/Aug 23

You can't always get what you want,
Leo, but this week things seem to
fall into place. Your every desire is
granted. almost as if a fairy god-

mother is watching over you.

VIRGO - Aug 24/Sept 22

' The old adage says, “look before

you leap,” and it’s particularly true
for you this week, Virgo. Before
jumping into a new relationship,
examine all the sides.

LIBRA - Sept 23/Oct 23 ~
Your romantic partner thinks a break
is in order, Libra. You're. not that
inclined to agree, but will go ahead
with the plan anyway to keep con-
versations peaceful.
SCORPIO — Oct 24/Nov 22
You have a *'w outlook on life,
Scorpio - IS a posilive one.
ee seem awfully manageable
«4 Within reach. Right now is a time
to realize your dreams.

SAGITTARIUS — Nov 23/Dec 21
Mediation is no longer an option
for a relationship that cannot be
salvaged, Sagittarius. Cut your ties
and do so quickly. The neater the
loose ends the better.

CAPRICORN - Dec 22/Jan 20
You've been the center of a conflict
between two people, Capricorn.
While you thought vou were acting
correctly, you've actually been self-
ish in your persuits.

CHESS by Leonard Barden

LEONARD BARDEN

Chess 8609: 1...Qd5 23 Bgl+! and White res;
If 3 Qxgi Re2+ 4 Knl Qxf3+ forces mate. Bhar

Qxd1+ 4 Kh? Re2 mate.



THE TRIBUNE ‘ TUESDAY, MAY 27, 2008, PAGE 7B

CO c ULM Com
Rea yyy

passes Series
7 examination

CREDIT Suisse (Bahamas) who is responsible for the insti-- Bahamas to be licensed as a
operations supervisor has _ tution’s Treasury and Issuance _ broker and financial adviser,
passed the Series 7 General Department, is shown here having passed the Series 7
Securities exam after training with the NastacGroup’s man- exam, which is organised by
with the Nassau-based Nastac aging director, Reece Chip- the New York Stock Exchange
-Group. - man. (NYSE) and National Associ-

Mia Bowe, a five-year Cred- Mrs Bowe can apply to the ation of Securities Dealers.
it Suisse (Bahamas) veteran Securities Commission of the (NASD).



4

BANK OF THE BAHAMAS LIMITED — i ; i
CONSOLIDATED STATEMENT OF INCOME
3 MONTHS ENDED MARCH 31, 2008 (UNAUDITED)

) (Expressed in Bahamian dollars) isis
FINANCIAL PERFORMANCE FOR THE NINE-MONTH PERIOD ENDED 2008 2007, 0—~SO”

[9 Bank of The Bahamas

I M I

















2007
MARCH 31, 2008 WITH QUARTERLY AND YEAR OVER YEAR COMPARISON ,
Bea SRE NET INTEREST AND OTHER INCOME:
With three quarters of the financial year completed, Bank of The Bahamas International ” ‘ ,
(‘the Bank) continues to show significant sustainability in: maintaining its growth : aces cS : $ 13,274,143 s 10,101,974
momentum. The Bank continues to build capacity while strengthening organizational, Chain cah chs — 3S 2812.31
financial and operational depth. The implementation of these strategic imperatives is Add Net Recoveries (LLess) Net Provision for Loari Losses ‘609,364 (252.212)
intrinsically linked to our overarching corporate objective of transforming the Bank into a Net Interest Income after Provision for Loan Losses 7 ose 307,087,056). yt be aT ASE
Financial Enterprise and an internationally recognized Bahamian franchise. This sustained : Non-Interest Revenue 2,298,881 2,695,644
performance has resulted in year to date Net Income (before interest on Preference ~ \ ~ | Income from Investments Eas _ 383,152 426,088
Shares) increasing by 21.14%, over the previous year, to close at $10.3 Million. — PNG 8 Net Revenue Soe 9,709,389 8,933,587
y i _ NON-INTEREST EXPENSES : to 5,700,430 5,635,448
~ Despite sustained systemic liquidity challenges, the Bank continues to deepen its funding __ NET INCOME BEFORE INTEREST ON DIVIDENDS “S| 4,008,960 s 3,298,139
capacity. Through focused plans, overall deposits ‘increased by $43 Million or 8.23% over ia j
the previous quarter. This increase though is underpinned by 34.7% or $4.5 Million SOY. Preloreace Share Dividends —___ (843,750) Di ip esealiegt Be cer 0100.
increase in Interest Expenses compared to the same period in’ 2007. However, the growth NETINCOME AVAILABLE TO COMMON SHAREHOLDERS , $3,165,210. 83,298,139
in Interest Expenses when considered in conjunction with the growth in profitability clearly EARNINGS PER SHARES : é Beans za Ni
signals the effectiveness of the Bank’s ongoing strategies of cost containment. Recent. “: SSS ————
money supply indicators appear to be on an upward trend and the Bank. will seek to : TERE TeabORGa. TARR aes OT,
capitalize on this upturn, aiming to mitigate the sharp increase in Interest Expense. 3 ; : SS eco eet BOO
Against the back drop of prevailing economic conditions, the Bank’s strategy to curtail
credit growth resulted in a small contraction in Loans and: Advances of 0.61% during the BANK OF THE BAHAMAS LIMITED
reporting period. Despite this, Interest Income remains robust settling at $38.2 Million or Fie SE OF CASH FLOWS (UNAUDITED)
'19.97% over the same period last year. As the Bank evolves into a Financial Enterprise Nowe eee eae = zues . ‘ :
effective management of expenses becomes ‘ever more critical as a means of securing _ SRE BDI OS SC I aT rng Se ce ea rr SN ne eee
profitability. Thus, we are pleased to report that Year-to-Date, Non-Interest Expense . ; Sate
: : ; 2008 yj. 2007
showed a relatively small increase of 3.13% over last year. ; eens?
i re east Cian ssn i : CASH FLOWS FROM OPERATING ACTIVITIES: : See IN
Despite prevailing market indicators signaling a softening in economic growth and reduced Net income _ ; $ 10,260,581. $ ~ 8,469,992
credit demand, the Bank’s outlook continues to be positive.’ We anticipate that this year’s Adjustments for non-cash items - 1,972,136 1,993,554
performance will be comparable with the prior year. We remain, however, mindful of global ‘ 12,232,717 10,463,546
and local economic developments, being ready to make the necessary adjustments to Net change in operating assets ; 27,272,608 (19,545,069)
corporate plans with the view of maintaining value creation for the Bank's shareholders. : Net,cash used in operating activities 39,505,325 (9,081,523)
We recognize the outstanding support of our hardworking and dedicated staff and remain CASH FLOWS FROM INVESTING ACTIVITIES: re
grateful for the confidence and support of our growing customer and shareholder base. - » Acquisition of fixed assets (2,842,096) (33,369)
Purchase of investments . - :
Proceeds from maturity of investments ’ i 2,700,000 ° -
Net cash used in investing activities , 57,904 (330,369)
7 CASH FLOWS FROM FINANCING ACTIVITIES: ;
7 Paul J. I. McWeeney 3 Issuance of Preference Shares : ; - 14,764,990
Managing Director Mortgage Backed Bonds : 20,000,000
A ue ares t sata, : Le ; Preference Shares Dividends - : , - (843,750) (4,927,913)
CONSOLIDATED BALANCE SHEET (UNAUDITED) : f Common Shares Dividends F 2,495,383 -
“AS OF MARCH 31, 2008 : Net cash provided by financing activities: (3,339,133) 29,837,077
i) (Expressed in Bahamian dollars) ee ACerS Mia ob ey eg SS at : ‘ ; ;
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
MARCH ._-—«dDECEMBER MARCH DURING THE PERIOD 29,831,605 * 20,425,185
: : CASH AND CASH EQUIVALENTS BEGINNING OF PERIOD 124,629,757 44,198,930
ASSETS A :
Cash and due from banks : $ 154,461,362 S$ 128,622,506 $ 64.624 115 END OF PERIOD $ » 154,461,362 $ 64,624,115
Investments, Loans and Advances to Customers, net f 524.988,439 528,193,637 506.545.260 . a
Other Assets ____ 46,855,032 26,084,852. 27,176,085
TOTAL : $ -726,304,833 $ 682,898,995 -$____ 598,345,460
. BANK OF THE BAHAMAS LIMITED
LIABILITIES NOTES TO CONSOLIDATED INTERIM CONDENSED FINANCIAL
Deposits ft tomers and bank: 560,130,721 : 517,537,523 ' 4417 ,042.809 A
Bones Piyabetls if 17,000,000 17,000,000 17,000.000 STATEMENTS (UNAUDITED)
| Mortgage Backed Bonds 20,000,000 20,000,000 20,000.000 9 MONTHS ENDED MARCH 2008
Other Liabilities 26,230,875 29,145,945 | 25,514,586
Total Liabilities 623,361.596 _583,683.468 803,557,395 ;
1. ACCOUNTING POLICIES
SHAREHOLDERS' EQUITY : :
hg Seas : cay , pes consolidated interim condensed financial statements are prepared in accordance
[Autnodibed #28 006.000 preferred sharas ol $87,000 acoh : ; with IAS 34 Interim Financial Reporting. The accounting policies used in the preparation
25,000,000 common shares of $81 each of these consolidated interim condensed financial statements are consistent with those
Issued and Fully Paid - 15,600,000 common shares (2006:15,600.000) 15,600,000 15,600,000 15,600,000 used in the annual financial. statements for the year ended June 30, 2007
Preference Shares ~ 14,764,990 14,764,990 14,764.990 : aa t
Ss i 28,587,866 28,587,866 28 587.866 : : x ; ? ;
an ; : ae as aon The consolidated interim condensed financial statements include the accounts of Bank
Retained Earnings ___ 43,990,381 40,262,671." _——=—96,072.448 of The Bahamas Limited and its wholly owned subsidiary, BOB Financial Services, Inc.
Total Shareholders’ Equity S$ 102,943,237. $ 99,215,527. S$ 94,788,065




TOTAL . $ 726,304,833 § 682,898,995 $ 598,345,460

CONSOLIDATED STATEMENT OF INCOME
9 MONTHS ENDED MARCH 31, 2008 (UNAUDITED)

(Expressed in Bahamian dollars)

Pete sit Legal Notices











2008 2007 3
NETINTEREST AND OTHER INCOME: and Balance Sheets
Interest Income : $ 38,184,240 $ 30,530,309 ;
Interest Expense 16,536,990 12,908,279
Net Interest Income / 21,647,249 17,622,030
Less Net Provision for Loan Losses “1,393,244 493,583
Net Interest Income after Provision for Loan Losses 20,254,005 a 7,128,447
Non-Interest Revenue 5,537,700 6,235,906
Income from Investments . 1,166,737 4,297,284
Net Revenue 26,958,442 24,661,631
NON-INTEREST EXPENSES 16,697,861 16,191,639
NET INCOME BEFORE INTEREST ON DIVIDENDS $ 10,260,582 > $ 8,469,992
Preference Share Dividends . (843,750) 0.00
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS $ 9,416,832 $ 8,469,992
EARNINGS PER SHARE $ 0.60 $ 0.54
15600000 15556431

ny





PAGE 8B, TUESDAY, MAY 27, 2008

THE TRIBUNE







@ By Royal Fidelity Capital
Markets

THE Bahamian stock mar-
ket had its largest weekly trad-
ing volume to date. A total of

340,756 shares changed hands,
with 13 out of the 19 listed
companies seeing activity. Five
stocks advanced, four declined
and four remained unchanged.

Finance Corporation of the



OLA

Bahamas (FIN) was both the
week's volume leader and
biggest decliner, with 91,635
shares trading. Yet the stock
price decreased by $0.50, end-
ing the week at its 52-week low
of $12.50. J.S. Johnson & Com-
pany (JSJ) followed with 75,306
of its shares trading, ending the
week unchanged at $12.30.

Consolidated Water Com-
pany Limited BDRs (CWCB)
led this week's advance with
1,403 shares, climbing by $0.43
and recapturing some of its loss
from last week's decline, clos-
ing at $3.75.

Commonwealth Bank (CBL)
followed with 29,138 shares
trading, increasing by $0.29 to
end the week at $7.44. Bank of
the Bahamas International
(BOB) also lost big this week,
with 22,208 shares trading,
dropping by $0.18 to end the
week at $9.43.

COMPANY NEWS

Earnings Releases:

There were no financial
results reported by any of the
19 listed companies during the
week.

Offering Notices:

e Fidelity Bank (Bahamas)

ey

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The Bahamian Stock Market

FINDEX 911.66 (-4.24%) YTD
BISX CLOSING _CHANGE VOLUME YTD PRICE

(FBB) announced on May.-13, SYMBOL PRICE CHANGE
2008, its offering of $10 million .
in unsecured fixed and float- ae tae Sale ae tt
ing rate notes under its $50 mil-__ | BOR $9.43 $-0.18 72.208 187%
lion note programme. BPF $11 80 $- . 0. 0.00%

The fixed rate series, Series BSL $14.60 $- 0 0.00%
C, is being offered at7 percent | Bwr — $3.60 $40.10 11,271 -1.64%
annually with afive-yearmatu- | CAB $14.10 $40.04 3,800 17.61%
rify; while ne Hoguie tate. Cat $7.44 $+0.29 29,138 -11.74%
series, Series D, is being CHL $2.87 $- 18,395 -8. 89%
offered at prime + 1.75 per cent CIB $13.24 g- 0 9.32%
annually (currently 7.25 per | CWCB_ $3.75 $+0.43 1,403 -25.60%
cent) with a seven-year matu- | DHS $2.94 $-0.06 20,000 25.11%
rity. FAM $8.00 : 12,000 11.11%

Both series will be offered FBB $2.37 $+0.02 7,000 -10.57%
for a total of $5 million each. FCC $0.41 $- 0 -46.75%
The proceeds from this offering FCL $5.55 $- 6,600 7.14%
will be used for general bank FIN $12.00 $-0.50 91,635 -7.34%
ing purposes. ICD $6.79 $- 0 -6.34%

The offering closes on May JSJ $12.30 $- 75,306 11.82%
30, 2008. For further informa- PRE $10.00 $- 0 0.00%’
tion contact Royal Fidelity °
Capital Markets, who will be
acting as the placement agent | DIVIDEND/AGM NOTES:

for the offering. ah
¢ J.S. Johnson & Company (JSJ) announced that it will be
holding its Annual General Meeting on Wednesday, May 28,
2008, at 6pm in the Governor's Ballroom A at the British
Colonial Hotel, No.1 Bay Street, Nassau, Bahamas.

e FOCOL Holdings (FCL)
announced it will be extending
the deadline of its private
placement offering over the
course of the next six months.
The preferred shares will be
paying a dividend rate of prime
+ 1.75 per cent, payable semi-
annually.

¢ Colina Holdings Bahamas (BOB) announced that it will
be holding its Annual General Meeting on June 11, 2008, at
5.30pm at the J.W. Pinder Building, Collins Avenue, Nas-
sau, Bahamas. ;



| — ~ ——~—-. ES — —_ —— ~ ——— TI

| International Markets

z 1

| FOREX Rates

Weekly % Change
oe | CAD$ 1.0108 +1.00. |

GBP 1.9800 +1.15

| EUR ' 1.5764 +1.19

| |

| Commodities |

| Weekly %Change |

| Crude Oil $131.80 44.36 |

| Gold $924.78 +2.76

International Stock Market Indexes:

| Weekly % Change |

|

| DJIA 12,479.63 -3.91 |

| S&P 500 1,375.935 -3.47- |

| NASDAQ 2,444.67 223:3314

| Nikkei |

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“USA TODAY

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. | Wellington fh
Adderley fou fat

in pool of blood

lm By MEGAN REYNOLDS
Tribune Staff Reporter’

THE murder of dedicated

HIV and AIDS campaigner |
Wellington. Adderley has

rocked the community.

Mr ‘Adderley, 51, president
of the National Network for
Positive Living, which fights for
the rights of HIV and AIDS vic-
tims in The Bahamas, was
found lying in a pool of blood at
his home in Delancey Street

SEE page 10



THE AIDS Foundation centre and

apartment in Delancey Street where |’

Wellington Adderley's body was
found yesterday. ©

PHOTO: Megan Reynolds

Former PLP senator’s husband
charged with causing harm to her

@ By NATARIO McKENZIE

THE husband of former PLP
Senator Paulette Zonicle was
arraigned in Magistrate’s Court
yesterday charged: with harm-
ing her and making threats of
death. :

Charles Zonicle, 47,-a senior

sales and marketing executive
with the Broadcasting Corpo-
ration of the Bahamas, was
arraigned on the charges before
Magistrate Carolita Bethel at

Court Eight, Bank Lane.

SEE page 10

‘ino “Cee












PHOTO:

Tim Clarke/ | of the times and full of tradition. While Bahamians

are being told they need to grow more of their own
food in view of rising costs, Gambier’s already there.
At Fernander’s Farm, built on some of the acres of gen-

| eration land located behind the settlement, pigs and cat-
© ~ | tle are in abundance and fresh vegetables, including
| cabbage, sweet potatoes, tomatoes, pumpkin, okra,
bananas, and peppers,: rise out of the earth, nour-
ished by the livestock’s manure. Local people can eat
the freshest of fare without going near a supermarket.

‘Turnquest gives robust
response to Gibson threat

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

THE governing party will not “sit down and
be attacked and do nothing” Tommy Turn-
quest (pictured) has declared in response to
Shane. Gibson’s threat to table a list of FNM
sweethearts in the House of Assembly dur-
ing the upcoming budget debate.

“T could assure him and you of that,” said Mr ‘Turmquest, the
leader of government. business in the House, yesterday in a
brief telephone interview with The Tribune on the subject of the
FNM’s response to the PLP MP’s threat.

Since Mr Gibson made the bold declaration last Wednesday in |.

the House, the subject of the sweetheart list has been the topic
of numerous newspaper editorials.

It has also become a point of fierce debate on the Internet with
people speculating on who is on it, and others questioning the
propriety of publicising such information in the House.

SEE page 10



Get savings
built right into

your mortgage

lm By PAUL G TURNQUEST



GAMBIER VILLAGE residents seem to be both ahead,

Tribune Staff Reporter
pturnquest@tribunemedia.net

DR Bernard Nottage’s
defence in the defamation law-
suit issued by Minister of State

for Finance Zhivargo Laing was,

filed. in the Supreme Court yes-
terday.
Comprising some eight pages,

the defence outlines that the -
statements of Dr Nottage, who

is represented by PLP MP Fred
Mitchell, regarding his com-
ments on the Mona Vie con-
toversy were true as outlined in
paragraph six of the defence.
The defence also outlines

_ instances where Dr Nottage

denies claims made by the
plaintiff (Mr Laing) in his state-
ment of claim, dated April 3,
2008.

Two claims that the defence’
dismiss are that any defamatory ~

words spoken by Dr Nottage
were. “calculated to disparage
the plaintiff in his office and
profession as a Minister.of State

. and Member of the House of |

Assembly”, along with claim
number 17, which suggests that

the plaintiff’s reputation has
been “damaged and he has suf-

fered distress and embarrass-

Drowning



ment”.

“The Second Defendant (Dr
Nottage) contends that the
words complained of:in their
natural and ordinary meaning
are true in substance and in
fact,” the statement read.

The particulars of the defence
include that the plaintiff (Mr
Laing), as a minister of the gov-
ernment, is and was at all mate-
rial times under a positive duty
to avoid conflict of interest sit-
uations in the execution of his
public duties which bestowed
or which tended to or appeared

SEE page 10

© ~ictims

linked to smuggling

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

-- FREEPORT - Four bodies
recovered from waters off West
End are believed to be part of a
larger group of Haitians
attacked by sharks after their
boat capsized in a human smug-
gling operation gone wrong.

Chief Supt Basil Rahming
réported that when officials
arrived at the scene, one of the
bodies, had been attacked by
sharks and partially eaten.

“Due to the large number of
sharks seen in the.area and
blood in the water, it is believed
that more persons were aboard
the ill-fated vessel when it over-
turned, but were consumed by
the sharks before officials
arrived on the scene,” said Supt

Rahming.

Last month, there were only
three survivors and 14 bodies
recovered in’ another human
smuggling operation — despite
the fact that there were said to
be. 26 passengers aboard the

- vessel.

Local authorities conducted
a further search on Monday off
West End for the bodies of
more victims.

According to reports, police
and BASRA officials discov-
ered four bodies floating near a
capsized speedboat about 13
miles off West End around
7.30pm on Sunday.

Mr Rahming said police
believe the victims were
Haitians who were being smug-

SEE page 10

Steel t eS]
MoneyBack

| Mortgage
Nassau ¢ 356.7764
Freeport: t 352.4676
Marsh Harbour: t 267.2135

= FIDELITY

Mare thert a Bank
PAGE 2, TUESDAY, MAY 27, 2008

THE TRIBUNE





In brief

‘Sound public
policies Key to
heating global
competition’

IN order for the Bahamas to
be prepared for the challenges of
globalisation and the accompa-
nying threat of international com-
petition it must create sound pub-
lic policies and an effective public
sector, Minister of State for
Finance Zhivargo Laing said yes-
terday.

To facilitate this, public offi-
cers must be highly trained in the
relevant areas of policy making,
he said at yesterday's launch of
the Commonwealth Training Pro-
gramme on Public Policy and
Management.

The five-day training session
at the Wyndham Resort and
Crystal Palace Casino is part of
the government's new effort to
streamline a public sector with a
long-standing reputation for inef-
ficiency.

Last week, Prime Minister
Hubert Ingraham launched the
Public Service Improvement Pro-
gramme
targeted at
improving
"unaccept-
able levels"
of customer
service at
various gov-
ernment
agencies
like the
Depart-
ment of
Public Ser- 4DNEUCe Laing
vice, the
Registrar
General’s Office, the Building
Control Division; the Road Traf-
fic Department, the Department
of Physical Planning and the Pass-
port Office.

Delivering the key- -note
address at yesterday's launch, Mr
Laing outlined how an improved
public service will assist the gov-
ernment in competing in the glob-
al market.

"Small developing states such
as ours face a number of chal-
lenges in pursuit of our develop-
ment objectives. ..We add to this

of late, the uncertainties sur- |

rounding the effects of climate
chafige, rising and seemingly out
of control food.and fuel prices.
"Jni order to properly cope with
and, to the extent possible, miti-
gate against these challenges, we
must have sound public policies
that clearly define their objectives
and craft strategies that are capa-

ble of achieving them. In order

the this to happen, public officers
must be highly trained and skilled
in this area of public policy mak-
ing.

The quality of the policy deci-
sions that the government makes
is greatly influenced by the advice
it obtains from its officials and
the quality of their advice
depends upon their training".

The programme is designed “to .

enhance the public policy devel-
opment capability of senior offi-
cials of small states to devise

domestic policy solutions to coun- -

teract or cope with their vulnera-
bilities,” Mr Laing said.

The five day training session
will cover:

e evolution of pubic adminis-
tration systems and structures of
governance across the region

e public policy making and the

various elements in the wiry.

making process
® current issues in public policy
e ethics of good governance
e CSME and the impact on
policy development
Representatives from Barba-
dos, Belize, Bermuda, British Vir-
gin Islands, Cayman Islands,
Dominica, Jamaica, St Lucia, St
Vincent and the Grenadines, and
Trinidad and Tobago will also
take part in the programme.



PIONEER SHIPPING

Redundant shipping staff file

dispute against former employer

Mi Employees
feel snubbed by
their bosses

lM MEGAN REYNOLDS
Tribune Staff Reporter

REDUNDANT Pioneer
Shipping staff returned to the
Bay Street wharf yesterday to
file a dispute against their for-
mer employer..

The 37 Nassau-based employ-
ees sought the support of the
Labour Board when they left
Pioneer's Union Wharf in Bay
Street for the last time on Fri-
day, empty handed.

Company president Arthur
Thompson and assistant presi-
dent Ray Thompson gave staff
a letter detailing the pay they
are entitled to, along with a let-
ter from company shareholders

. guaranteeing the redundancy

payments to all employees
when the $22 million Bay Street
property, listed with Bahamas

Realty, has been sold.

However, for employees who
are unsure of how they will pay
their bills this month, the let-
ters, which do not quantify
when or how they will be paid,
don't provide much of a guar-
antee.

Pioneer Shipping's redundant
customer service team, who
have worked together for over
20 years, feel snubbed by their
bosses.

Marietta Beckles, 59, of Sta-
pleton Gardens, Nassau, said:

."T worked for the company for

22 years and I think at least the
president of the company could

have talked to us and explained
the situation.

"It was handled very poorly
and with total disrespect. It left
us without anything."

Ida Lewis, 54, of Elizabeth
Estates, handed the Labour
Board petition to her bosses of
22 years to file a dispute with
the company on. behalf of all

A good business
plan is based ona
sound strategy.

. She is going to find it hard.to.

4



“It was
handled very
poorly and
with total
disrespect. It
left us without
anything.”



Marietta Beckles

the employees before they go
to a lawyer to make their case.

"We need to make sure we
get paid," she said.

"To guarantee we get the
money when the Property, is
sold.

"I have a mortgage to pay
school fees and a million things
on top of that."

But it is not just the money
employees are disappointed
over — they are sad to leave
their jobs too.

Elise Carroll, 53, has worked |

at Pioneer for 27 years, and says

work anywhere else.

"After being with the same
people for 27 years, I cannot
imagine going somewhere new.

"We are like family, and we

: always willbe."

Operations at Pioneer Ship-
ping ceased on Friday and will

. now be run by Laser Interna-

Your company ase
plan should be too.

tional Freight Transport in Mia-
mi and The Mailboat Company
at Arawak Cay in Nassau.

Pioneer Shipping bosses were
unavailable for comment yes-
terday.





‘CFAL’s comprehensive pension consulting services can help.
you design and manage a group retirement plan that’s exactly
right for you and the individual needs of your employees.

And with our secure online pension management system,
sponsors and employees have account access at any time.

Call us today. We'll tailor a plan thats right for you and
your employees.

Brokerage & Custodial Services | investment & Corporate Advisory

Pension Administration | Shareholder Services

Nassau - T: 242-502-7010 | F: 242-356-3677
Freeport - T; 242-351-8928 | F: 242-351-4050
| www.cfal.com



CFAL*

info@cfal.com

PIONEER SHIP-
PING’S redundant
customer service
team: Marietta
Beckles, Felicia
Capron, Winifred
Barnet, Ida Lewis
and Elsie Carroll.

â„¢ PHOTO:

Megan
Reynolds






















































































THE TRIBUNE

TUESDAY, MAY 27, 2008, PAGE 3



LOCAL NEWS





PM to launch
Caribbean
Challenge

by video
message



PRIME Minister Hubert
Ingraham will officially launch
by video-recorded message the
Caribbean Challenge — an effort
to secure funding for the pro-
tection of a minimum of 10 per
cent of their coastal and marine
habitats by 2012. ~

The initiative is part of the
Ninth Conference of the Parties
(COP9) to the Convention on
Biological Diversity underway
in Bonn, Germany.

Mr Ingraham will launch the

challenge on Tuesday, May 27°

during a high-level event held
by the Bahamas government in
conjunction with the Global
Island Partnership Initiative.

. Minister of Public Works and
Transport Earl Deveaux is
heading the Bahamas delega-
tion to the Bonn Conference.

He is accompanied by Philip

Weech, director of the BEST
Commission; Deon Stewart and
Stacy Lubin-Gray, BEST Com-
mission environmental officers;
Eric Carey, executive director
of the Bahamas National Trust
and Eleanor Phillips, director of
the Nature Conservancy’s north-
ern Caribbean programme.

The initiative is expected to
provide more than $40 million in
protected area trust funds for
the protection of marine and
coastal habitats.

The Bahamas National Pro-
tected Area Trust Fund is
expected to be established with
an initial infusion of $12 million.

Signed by 150 government
leaders at the 1992 Rio Earth

Summit, the Convention on Bio-
logical Diversity is dedicated to
promoting sustainable develop-
ment. i {

The convention recognises
that biological diversity is about
more:than plants, animals and
micro organisms and their

ecosystems, but people and the,

need for food security, medi-
cines, fresh air and water, shel-
ter, and a clean and healthy
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By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net

POLICE made another big
drug bust last night when DEU
officers seized $250,000 worth
of marijuana after a high speed
chase down Baillou Road.

At around 8pm at a ramp in

the East Bay Street area, police.

noticed items being off-loaded
from a go-fast vessel on to the
back of a black Ford Ranger

‘Truck, according to Assistant

Superintendent Walter Evans.
_ Acar chase ensued between

the officers and three occupants
of the truck, which ended up at
the Town Centre Mall. ,

Three men were taken into
custody by police in the area of
the mall after the truck hit a
wall in the area and two of the
occupants attempted to flee,
according to Evans. Upon
searching the truck, police
found 244 pounds of marijua-
na wrapped in crocus sack bags
and in coolers.

Two of the men taken into
police custody regarding this
investigation are Bahamian and
the other is a Jamaican.

This seizure came only hours
after $600,000 worth of mari-
juana was discovered by DEU
officers at a home in southern
New Providence.

On Sunday morning, police
raided the house on Winder’s
Terrace, near East Street South
and discovered 11 crocus sacks,
and four taped packages of mar-
ijuana. The drugs weighed 576
pounds. Four men were arrest-
ed and are currently in police
custody in connection with this
drug find.

Just over a week ago, police
also made another high profile

... but police downplay
fears of trafficking rise

@ By LISA LAWLOR
Tribune Junior Reporter



DESPITE a string of huge drug
finds over the last few months,
police are downplaying fears that
there is an increase in trafficking
through the Bahamas, and say
that narcotics production here is
only minimal.

Yesterday; Acting Assistant
Commissioner of Police Ray-
mond. Gibson claimed. the

increased size and frequency of. .

drug seizures is due to the
improved level of collaboration
between the public and police and
better interdiction strategies on
the part of the Drug Enforcement
Unit (DEU) and other law
enforcement officials.

"There has been a consistent
flow of drugs through the

Bahamas over the past years, des-.

tined for other countries like the
US," he said, "we're not a pro-
ducing country though."

‘In response to questions sur-
rounding the US State Depart-
ment’s annual International Nar-
cotics Control Strategy Report
(INCSRY‘ which statés ‘that the

' Bahamas is now a producer of

marijuana on top of ‘its existing
role as a transit country, AACP
Gibson said that while police offi-
cers have discovered some local

_ marijuana fields, they are not

nearly large enough or numerous
enough to be compared to other
country's high levels of-drug
growth. .

"Marijuana fields have been
discovered in Abaco, Grand
Bahama, and Andros primarily,"
he said, "but only on a small scale
of production."

But, as previously reported,
one marijuana field discovered
recently on Andros contained
more than 3,000 plants. It was
described as a "multi-million dol-
lar" field at the time.

In addition to several Bahami-
ans, a number of foreign nationals
have been arrested for question-
ing in connection with the drug
field finds, particularly Jamaicans.

This fact was noted in the US

State Department’s report.

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“DRUGS HAUL: Nearly $600,000 worth of marijuana was seized by officers

»<“from the Drug Enforcement:Unit when they raided a home over the

_weeken on Winder’s Terrace, near East Street south.



drug seizure at a Bougainvillea
Avenue home. More than one
ton of marijuana was seized by
police on this occasion, worth
approximately $1.2 million. The
marijuana was found along with
three 9mm handguns and a box
of ammunition.

A shoe box containing

$120,000 in US and Bahamian |
currency was also discovered in
the raid. Days later, police sent ,

;
4

In brief |DEU OFFICERS SEIZE MORE THAN $250,000 WORTH OF MARIJUANA

Drug bust after chase:



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PAGE 4, TUESDAY, MAY 27, 2008

EDITORIAL/LETTERS TO THE EDITOR

THE TRIBUNE





The Tribune Limited

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

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

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

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

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

Poor public service costing business

YESTERDAY morning’s headline in the
Business section of the Tribune — “Price
control delays cause rice shortage” — is a
perfect example of what happens when gov-
ernment.systems and their handlers are inef-
ficient.

Last week Prime Minister Ingraham
announced that government is partnering
with the College of the Bahamas and the
“Caribbean Centre for Development Admin-
istration to transform the public service into
a service that does in fact serve the commu-
nity —-and does so efficiently.

There is no section of the public service

with which we can honestly say we enjoy

working. Of course, there are individuals who
are an exception to that statement, but one or
two efficient, helpful persons cannot change
the end results of a whole department. Unfor-
tunately, in dealing with these departments
one gets the distinct impression that time
means nothing. In business it means every-
thing — as the present rice shortage so clear-
‘ly shows. Time can mean the difference
between a contract signed or a proposal lost.
And if a contract cannot be signed without
receiving approval from a government
department, there is the very real possibility,
particularly if time is of the'essence; that a
business opportunity will have’ been lost.

What does such a loss meari to a slow-moving *! °

civil servant? Ho-hum — nothing! You were
just a nuisance who intruded on his/her
unhurried life that day.
Today with markets so. volatile, especially
’ the food market, wholesalers are on their
internets daily watching the rise, fall and col-
lapse of items as prices continue to climb.
To meet market demands wholesalers have

to have minds sufficiently agile to react to -

-trends and make rapid decisions to assist
retailers in pricing their goods. Retailers, in
turn, have to move quickly to get those sta-
ples, stamped with their correct prices, on

- their shelves to meet the demands of their
customers.

As it was reported in yesterday’ s Tribune
whenever import costs rise, Bahamian com-
panies are forced to apply to the Price Con-
trol Department for an increase in the prices
they can charge. .

Both wholesalers and retailers have com-
plained that the Price Control Department is
not responding in a timeframe to match the
fluctuating markets, leaving them facing loss-
es on shipments where price increases have

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not been approved. ;

The result: Orders are cut back until
approval can be obtained, resulting in short-
ages and angry consumers.

Obviously the bureaucratic red tape is too
cumbersome to react with agility to what is
happening in the markets/ Once requests are
submitted to the Price Control Department

- they have to be forwarded for approval to the

Attorney General’s office — an office already
overburdened by the demands being put on it
by the. growing criminal population.

Many in the private sector quite rightly
consider this an unnecessary time consuming
process. According to our report, a govern-
ment official acknowledged that the process
is long, but said it is necessary. If this is the
best that can be done, then — unless of
course there are to be.more shortages in sta-
ple foods — such bureaucracy is not neces-
sary. We agree, with The Nassau Institute
that price control should be abolished —
competition in the market place will keep
prices down. We can give the example of a
very fine doctor who charges $25 per office
visit. Charges for GP’s range from $35 to $60
per visit — of course specialists are in the

$100-$200 range. In his own ‘specialty’ the $25 ‘
‘doctor is among the'top. As a consequence of -

his fees his office is never empty.

There are times when we have felt that'a‘:

civil servant has prolonged a process to add
importance to his/her job — giving the
impression of a work overload.

We remember several years ago going to _.
‘the small department that issues permits to

bring puppies into the Bahamas. We walked
into a very small office. The office was emp-
ty of persons to be served: We interrupted a

’ leisurely conversation between the two staff

members in the office. They appeared to
have the afternoon off with nothing better to
do than gossip. All that had to be done was
for a form to be dated, stamped and signed.
Instead we were told that this two minute
job would take a day. We had to return the
next day to collect the form. It is times like
these that we find ourselves repeatedly count-
ing to 10 to hold back an explosion. This is the
type of attitude among many civil servants
that has forced us to learn patience.

This episode in this small, under-worked .

department was a minor irritant. It is the lack
of urgency in larger departments with impor-
tant permits to issue that can bring a business
to near collapse.

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Even God
can’t hide
any more

EDITOR, The Tribune.

IF one were to believe in
Divine Providence, then the last
election would fit into God’s
intervention into human affairs.
The fact is though, because the
Divine has created us with free
will, there is really no interfer-
ence into man’s actions on a

daily basis, otherwise the ‘gift’

of free will/choice would be a
falsehood.

Whether it’s an election won
by the PLP or the FNM, the
phenomenon is really the result
of the individual and collective
consciousness of the populace.

It is for this reason that we
always get the government we
deserve.

It is not that we are being
punished by our ill choice, but
rather we elect the course of
action dictated by what we can
perceive as being our lot in life
or the level of our deserving
power. -

This fact is brought out very
dramatically by the results in
our recent general election in
which approximately fifty per
cent of the population sided
with one faction and fifty with
the other.

There are really no ideologi-
cal differences between the two
political organisations, since the
level of perception in the nation
runs pretty much in the dimen-
sion of ‘comme ci comme ¢a.’

The problem really is relat-

. ed to the fact that we do not.

hold our political leaders

accountable on an objective and ©

nationally based level. They are
usually allowed to operate with
stark indifference immediately
after their election.

Then it’s only after a period
of utter frustration with them
that the electorate deems it fit
to readjust their thinking .and
allow a bit of divine wisdom to
seep into their usually closed
and politically myopic vision.

' By then five long years have
passed and politically hungry
and power thirsty individuals
have already wreaked massive
havoc on the psyche of the
nation.

This state of affairs i is allowed
to exist based upon the widely
held perception that the divine
right of kings still applies to
elected political officials.

However, that political/reli-
gious fallacy has long been gone
into happy oblivion.

Already there is a crescendo
of hues and cries about the mis-
management of the national
affairs by the present adminis-
tration. .

Therein, the political and
social pundits have given their
various views on the perfor-
mances of various ministers and
ministries. Some have been
objective and believable in their
assessment, while others, obvi-
ously guided by their individ-
ual political bias, have given us
a totally skewed view of the sta-
tus:quo.

After the campaigns of basi-
cally seductive and mesmeris-
ing speeches, grandiose promis-
es and questionable personae,

ed BNE

Pilot net



the election takes place, and
then individuals are catapulted

‘into unfamiliar territories, faced ~

with the daunting task to imme-
diately rejuvenate the nation.

However, virtually seventy-
five per cent of our leaders’
time is spent in personal vendet-
tas to the extent that the hon-
ourable men and women send a
drunken message of hatred,
malice, hostility and rancour
which reduces parliament to a
hall of paralysis.

I maintain my long-held and
expressed view that twelve to
eighteen enlightened and spiri-
tual (not religious) business per-
sons, reflecting a new. con-
sciousness of human dignity,
could run this small country
extremely efficiently, like a busi-
ness with human/divine vision
and intelligence.

In any event our democracy is
a misnomer since the people
have little or nothing to say
about what good or bad is done
in their name.

We hire individuals to run
our business and they, in short
order, assume personal owner-
ship of it, often with grave and
irreparable consequences.

Their energies are tied up in a
desperate attempt to lay a firm
foundation for their personal
and selfish power and control.

Thank God, we can carry out

this game every five years, thus

maintaining the hope that soon-
er or later we will get it right.

The problem, though, is that
we will not do so until we recog-
nise the grandeur of our own
nature and not accept anything
simply because we perceive it
as being imposed upon us by
the good-for-nothing devil or
our angry God.

Political leaders, as well as
many religious ones have duped
us into denying every level of
goodness within ourselves, thus
creating a basis of power upon
which they can perpetuate their
domination and manipulation
of the consciousness of thou-
sands of individual citizens.

You take away the divinity
within us and implant aspects

- of demonic subjugation and

fear, then absolute control
becomes the ultimate result.

It is no stretch of the imagi-
nation to know that the two
most powerful forces in the
land, religious and political,
have so fine tuned this decep-
tion that thousands believe the
gates of heaven and hell are
under their control. In this man-
ner, they can so easily seduce,
rape and violate the gullible
with impunity.

But sooner or later these
monolithic and hellish institu-
tions, based upon deception will
come tumbling down and what
will remain forever is the essen-
tial essence of our godly her-
itage. One may enslave the myr-
iad of aspects of the human con-
dition, but the fundamental

purity of our soul will eternally
abide intact.

It is in this context that the
‘controversial’ remarks made
by Madam Justice Sawyer
recently would indeed prick the
conscience of many religious
ministers.

Bless her heart for. express-
ing a truth, about religious free-
dom which has degenerated in
pure license to propagate one’s

- own misdirected version of God

and dogma.

These so-called leaders have
damned so many long before
the compassionate and loving
God: could welcome them into
the bosom of divine grace.

Ignorantly, they have done
so in the very name of this
benevolent being about whom
they know little or nothing.
Indeed they do know the weak-
nesses of the human condition
and ceremoniously manipulate
that to their political, religious
and monetary advantage.

Their systematic abuse of per-
sons constitutes the greatest vio-
lence to the human spirit and
creates the fertile soil in which

: irreparable damage is done to

individuals and society as a
whole. It is in this regard that
the name of God is taken in
vain as it is used to systemati-
cally and viciously attempt to
rob the human/angels of their

- value, worth and divinity.

Even God can’t hide any
longer as a myriad of these nine
ninety-nine (dollars) and nine-

teen, ninety-nine Self-ordained |
ministers (Reverend :.“Doctors’ «
and ‘Bishops’ ),, lay; claim, to,.a,:

direct and’ exclusive uplink | to
God all over this nation.

Unfortunately, the commu-
nication is usually one-way and
shrouded in a mixture of human
concoctions. |

eee

aw

Ve ww ot —e

re Vee we wee

met

—

~

were

me ee ete

we

Box? wo er ey —_

. vee

If these good gentlemen, and ,

progressively more gentle

ladies, would stick to the uncon- |
ditional love of God, the com- ,

passionate and forgiving nature
of the God portrayed in the sto-
ry of the ‘Prodigal Son,’ then

violence could and would not '

be so dramatically prevail in our |

so-called religious nation.
Spirituality is simply the

awareness of and the connec-

tion to our divinity.

This level of consciousness, ;
unfortunately, is abominably :
absent in too many of these so- :
called leaders which results in .

the blind leading the blind.

True vision of our divinity ;
comes through a heart that’s ,
pure and open to the wisdom ;
of God, without any agenda but |

to love and be loved. |
It seeks no power, no status,
no monetary rewards, but sim-

ply yearns for the grandeur of |
the consciousness of God’s }

abiding presence in all of us.
This divine entity, ‘hiding’

silently and deeply within all of .
us yearns to be felt, experienced :
and embraced without the pol- :
luting interference of any other :

human grandiose aspects.

JOSEPH DARVILLE
Freeport,
May 17, 2008.

Calling young people - experience the :
satisfaction of making a difference!

EDITOR, The Tribune.

RECENTLY our young.

adults have been the forefront
of the news media, and unfor-
tunately it is not for good rea-
sons.

There is a noted problem that
has arisen with our young adult

’ populace and I do not write to

delve further into this.

Instead, I wish to remind the
Bahamian community that
there are young adults in our
country who are working to
improve conditions for the less
fortunate.

Two weekends ago my
Rotaract Club who is sponsored
by Rotary of East Nassau were
given the privilege to attend this
year’s Rotary and Rotaract con-
ferences held on our island.

We met other young adults
from countries throughout the
Caribbean who were as dedi-
cated to improving their quality
of life as we were. '

Also, we met many clubs that
had already made a difference
in their communities and were
inspired by their hard work and
great results.

This conference allowed us
to gain lots of ideas for projects
we can implement in The
Bahamas to improve our stan-
dard of living.

At the end of the weekend I
could see the increased energy
in my club members who now
cannot wait to get started on
our plans for 2008.

I'm sure you will be seeing
some great things from us and I
promise to keep you updated!

Already we have painted the
Bahamas Association for the
Physically Disabled with help
from our sponsoring Rotary
Club. After we finished painting
it felt really good to do some-
thing in our community to make
a difference and this will not be
the last project we complete. So
far we are on the right track

‘thanks to the sponsors who gen-

erously paid for us to attend this
informative conference.

Now we are really equipped
to make a difference in our
community and I cannot say this
would be the same without their
donations.

I want to encourage all young

adults to think of somewhere
they would enjoy putting in
some volunteer time and just
go ahead and try it.

They may be surprised at
how good it feels to make a pos-
itive change in the community.
So far I think my fellow
Rotaractor’s are getting addict-

_ ed to this feeling!

NOELLE DORSETT
Secretary,

Rotaract Club

of East Nassau

Nassau,
May, 2008.
THE TRIBUNE

TUESDAY, MAY 27, 2008, PAGE 5



LOCAL NEWS



© In brief

Man charged
with having
sex with girl,
aged 11

A 25-year-old Haitian man
of Lyon Road was remanded
to prison yesterday after being
charged with having sex with
an 11-year-old girl.

According to court dockets,
it was alleged that Kevin Paul

committed the offense on

Tuesday, May 20.

Paul, who appeared before
Magistrate Derence Rolle at
Court Five in Bank Lane, was
not required to plead to the
charge.

The prosecution objected to
bail on the grounds that he
might interfere with the com-
plainant if released on bail.

Paul was remanded to Her
Majesty’s Prison and the case
was adjourned to J july 1:

Rape charge

e A 26-year-old Podoleo’

Street man was arraigned in
Magistrate’s Court yesterday,

charged with raping a 16-year-
old girl.
Divon Seymour was

arraigned before Magistrate
Derence Rolle at Court Five
‘in Bank Lane yesterday on the
charge of rape.

According to court dockets,
it is alleged that Seymour
committed the offense on Sun-
day, May 11.

Seymour was not required
to plead to the charge:

The prosecution objected to
bail citing that Seymour has
another matter of similar

nature pending in Supreme’

Court.

Seymour was remanded to
Her Majesty’s Prison. The
case was adjourned to July 7.

Dance to raise.
funds for Sea

Hauler victims

A DANCE is being held
this week to raise money for
Sea Hauler victims who
received nothing as a result of

the government’s recent ex- |

gratia payment. .

The event is being held at
Charlie’s, the former 601 Club
in East Bay Street, on May 30
(pm).

Joint organiser Stephen
Rose told The Tribune:
“Everyone is pleased that the
government made this pay-
ment, but some victims got
nothing. This dance aims to
raise money for them, too.”

. -The government’s decision
to give $1 million to victims
of the fatal sea collision fol-
lowed a prolonged campaign
for justice by those aboard the
Sea Hauler at the time of the
tragedy.

Several Bahamian artistes
are performing at the dance,
billed as “A Night of Sweet
Bahamian Music”.

Peceoecesccsecoosessesoesoosees

INSIGHT

For the stories
behind the news,
read Insight on
Mondays

Peceseceseescccessooooveescess

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.



Redevelopment plans
for Arawak Cay fish fry
suspended — sources

@ By REUBEN SHEARER



ALL plans to redevelop
the Arawak Cay fish fry

‘before the Junkanoo in June

festival kicks off have -been
suspended until further
notice, sources have claimed.

This was disclosed as
sketchy details emerged yes-
terday about the develop-
ment plans Agriculture Min-
ister Larry Cartwright
revealed to Arawak Cay ven-
dors last week.

Just after the 2007 elec-
tion, it came to light that the
FNM planned to entertain
strategies to move the down-
town port facilities to the

_Cay, delaying or doing away

with the former government’s
plan to move the docks to the
southern coast of New Prov-
idence. Sources claim that
whatever the plans, there has

-been no talk of demolishing

any of the structures present-
ly on Arawak Cay.

They said that as part of .

the move, the popular “fish
fry” aréa will actually be
improved in terms of appear-
ance, and other amenities will
be created nearby.

The Tribune’s sources say
this information was revealed
at a meeting last week which

the press — despite having
been invited — was barred
from attending.

On Friday, The Tribune

«Feported that vendors reject-

ed Mr Cartwright’s sugges-
tion that stalls and shacks
suspend operations for up to
two months so the area could
be redeveloped.

If vendors had approved
the plans last week, develop-
ment would have com-
menced before the launch of
the Junkanoo in June festi-
val, which runs into August.

According to persons who
attended the meeting, the
government is proposing to
dredge the area around
Arawak Cay to construct a
new seaport, and to provide
more land developments.

Sources claim Mr

Cartwright said that dredg-

ing the seaport, would create
more land, allowing the fish
fry to extend past its present
site. It was also disclosed that
Mr Cartwright proposed the
two-month downtime mainly
for the Mediterranean Ship-
ping Company to fix the sew-
erage back-up problem on

. the northern side of the stalls.

But vendors believe that it
is not necessary for them to

close down for so long.

“T would like to suggest
that government has their
own agenda that we are not
aware of, in terms of rede-
veloping the sewerage sys-
tem,” one source said.

‘Apparently, the minister
requested a report from ven-

dors outlining alternative |

methods that "technocrats"
could use, in an effort to min-
imize the business downtime.

He claimed that Mr
Cartwright only requested
this after vendors accused
him and government for
excluding them from the
negotiation process with the
developers.

'. “They’re also talking about

addressing the parking prob-

lems by erecting new park- ©

ing stands for taxis and vehi-
cles,” the source added. «
Speaking with The Tribune
yesterday, Mr Cartwright
said that development plans

‘for Arawak Cay would not

be released until the vendors
send him their report.

The minister added that
although he and government

are taking the suggestions of .
. the vendors into considera-
tion, it does not mean they

will abandon their initial
plans.

Larry Cartwright



lm By TANEKA THOMPSON
Tribune Staff Reporter

SORTER OHADURE TIER het “4





te

ATWO: day. pers fora

missing boater whose: empty,

sailboat was found 20 miles
north of West End, Grand
Bahama has been called off,
BASRA officials said yester-
day.

The missing man has been

identified by international.

reports as Pierre Steenberg, a
native of Denmark.

At press time yesterday, the
Holo Ki Ki was en route to
Freeport from Old Bahama
Bay for further inspection and
processing.

Chairman of BASRA Grand
Bahama Justin Snisky said the
investigation into the boater's

whereabouts is now in the.

hands of the Royal Bahamas
Police Force.

Although it is not known
exactly how the missing boater
fell overboard, officials believe
he fell during a weekend
storm.

"The vessel has a tracking

device, and this information
showed that the sailboat came

from. 4 southwest’ ‘direction |
heading toa northwest direc:

tion cruising at:10 knots.

“At about.6 pm on Satur-

day, the -vessel's speed
decreased. to just under one
knot —.around the same time
a major storm hit the northern
banks of Grand Bahama ,

‘said Mr Snisky.

BASRA was notified Sun-
day morning around 6am that
a good Samaritan vessel pass-
ing the area spotted the boat
with its sail up, manoeuvring
by itself with no visible sign of
anyone on board. Upon closer
inspection and upon boarding
the boat, the good Samaritan
discovered no one was
onboard.

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The US Coast Guard was
soon notified and launched a

joint search effort with BAS--

RA Grand Bahama for the

missing-man. which came..up. -

negative, said Mr-Snisky.
‘During the search for the
Danish boater,.a US Coast

Guard helicopter | came across
a 35-foot capsized vessel

approximately 6-8 miles from %

the Holo Ki Ki. :
_A. vessel was dispatched to

the scene and divers who.
-entered-the shark infested: .
* discovered . four

waters

Rosetta St.



P man missing at sea has heen called off

drowned bodies.
page 1).

The vessel had major hull
and engine damage indicating
it may have crashed and cap-

_ sized, said Mr Snisky. Their
bodies were brought ashore to
Old Bahama Bay.

(See story

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325-3336
PAGE 6, TUESDAY, MAY 27, 2008



THE TRIBUNE





GAMBIER

Gambier Village is said to be Nassau’s oldest settlement, having been established around the 1830s. The res-
idents of the colourful neighbourhood, with its Out Island feel, have few complaints. They are proud of its com-
munity spirit and self-sufficiency, and were keen to tell The Tribune all about the historic village during a vis-

it yesterday.

@ ‘GENERAL THE GREEK’ JAMES KNOWLES

Giving back by keeping
people in good health

General the Greek”, also known as 48-year old

James Knowles, was born in Gambier and took it
upon himself to give The Tribune a full tour of the settle-
ment. He is very satisfied with his life in Gambier, which
consists of working for his cousin’s dredging business and
living in a house left to him by his mother. He gives back
to the community by doing his bit to keep its people in
good health.

“People are eating too much. So what we normally does |
is we say, ‘Man lets go exercise’. Then after exercise, they |
start eating back again. Then they go on the-scale and they |.
put on a few pounds. They say, ‘General the Greek, how .
come I put on two more pounds?’ I said “Because you did-
n’t work hard enough! Let’s go! Hit the road, jack!’.”

General heads a group of around 13 people from the vil-
lage who try to go jogging and swimming on the beach
every morning before sunrise.

“We normally go jogging like five in the morning. We’ve
got to be back home at about 6.30am.

“The first one who gets up — if I get up at 4.30am — I
knock on each door: ‘Let’s get ready, let’s go’.

“There’s about 13 in the team. Now the weather’s chang-
ing we’re getting back into it.

“When it gets really rough, we take a break.”





YOUR/ CONNECTIO

TENDER - GRAPHIC ARTIST SERVICES

The Bahamas Telecommunications
Company Ltd is pleased to invite tenders.
from experienced companies to provide sj
Graphic Artist Services for the 2009 Tele-
phone Directories. Interested companies

may pick up a specification document
from BIC’s Head Office located at #21
John FiKennedy Drive, Nassau Bahamas,
between the hours of 9:00 am and 4:30 pm,
Monday to Friday. Bids should be received
by 4:00.0m, Thursday June 5, 2008.

Bids are to be marked, “Tender for Graphic Artist
Services” to the attention of:

Mr. |. Kirk Griffin

Executive Vice President
The Bahamas Telecommunications Company Ltd
#21 John F Kennedy Drive

P © Box N-3048
Nassau, The Bahamas

www.btcbahamas.com | CALL BTC 225 -5282

O THE WORLD

li JAMES FERNANDER
‘It’s emancipation
day for us here’



Gr village is gearing up to celebrate its annual Gam-
bier Day. On the first Monday in August the residents of

the village, which was founded by freed slaves, will celebrate the day
that their ancestors. achieved liberty.

“Tt’s emancipation (day) for us here. Twenty years ago we start-
ed it back up again. It has everything that you could imagine,” said
James Fernander, JP, 71. Besides dealing with almost any other
issue that comes up in the community, the Gambier Community
Development Association organises the annual festivities.

Mr Fernander, also the proprietor of a large vegetable and live-
stock farm located at the back of the village, thinks Gambier is the
best place to live in New Providence outside of a gated-communi-
ty. “Here in Gambier it’s pretty good. In the fancy areas they have

‘bars on your windows and here in Gambier we don’t use bars

because everybody knows each other and people try to live with
each other the way they ought to. And besides, most people i in this
area are one family,” he said.

However, he isn’t too pleased about the large group of bikers that

“come through every Sunday to hang out at the popular Rhoda’s bar.

“They make alot of disturbance, and they don’t care about peo-

ple’s feelings. They litter the village and then they go, and some- .

body’s got to clean it up,” he said.



A Subsidiary of Sant



DOWN YOUR

TRE





ALISON LOWE
ne Staff Reporter
TIM CLARKE

Let’s. get rid of
the cars and litter

VV illagers would like to see the masses of dumped
’ ears and litter that blight parts of their settlement

gone. Damaged hulks are strewn all over empty lots, with
weeds growing up around them. The Department of Envi-
ronmental Health Services, in conjunction with the Gam-
bier Community Development Association, has marked
many of them out for removal, and locals are optimistic the
unsighlty wrecks and garbage will soon be gone.



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Mere

OUT ISLAND FEEL



m@ BOBO
‘This is more like the islands’

mi AUNTY ETHEL



CG

Bobo” moved to the village from the Grove around
four years ago. This more like the islands. Up town it’s
more like the city. It’s comfortable, it’s more quiet. You
come in the back here and.you-can clear your mind,” he said. .

i ALEXANDER FERNANDER

‘We need to market Gambier
as the original slave village’

a GEORGETT E McPHEE
-“You can leave your house open at night’



he Village has done good
by Georgette McPhee, aged
27. She has lived there all her life,
but only in the last six months
opened her own restaurant serving
Bahamian favourites like crack-
conch and hamburgers to hungry
local workers and residents,

Business i is,‘going well”, she said.

“T like, to ¢ook, my mum was a.
cook, ‘That’s in my heritage, cooking.
is me and I wanted other people to:
taste what I cook. People i in the
area, who do construction, they
come here to get lunch, because oth-
erwise they have to go far out.”

_ She loves the quiet security of the
area.

“There’s no strangers in Gambier.
Everyone is related to someone in
‘some kind of way. There’s no vio-' |
lence. You can leave your house
open at night and go to sleep.
Nobody will break in your house
because everybody knows every-
body around here,” she said.




r Fernander’s son, 49 year-old Alexander Fernander,
is calling on the government to “take the initiative”
to market Gambier Village as‘a tourist attraction so business

opportunities for locals can be created. ¥

“They is trying to sell the Clifton heritage but there ain’t
nobody really there. Gambier still has the original people. They
could encourage people to put up a little stall, fruit stands, mar-
ket stands. When they come here, then the people don’t have to
look for a job, the tourists provide a job. We need to market
Gambier as the original slave village. What the tourists want to
see is the real origins.’

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Community has

started to change

in recent times

dentified by ‘General the Greek’ as the Vil-

lage’s most senior citizen, Aunty Ethel, who
has outlived six brothers, and seven sisters, will
enter her. ninth decade in Gambier Village later
this year. Despite the loss of her own family mem-
bers, she does not feel lonely. “I would say the Vil-
lage in general is my relative,” she said.

"Though she could chronicle the history of Gam-
bier for almost a century, Aunty Ethel claims that
the community has only started to change in recent
times.

“The changes just begin. In the early days the old
people were real, natural.
“When I say that, they really cared for each oth-

, CF.

“They had the ain you call L.O.V.E. What
most of the young people today doesn’t realise is
that is the only thing keeps us together,” she said.

“Tt’s the people that come in that makes the dif-
ference. People from, outside, they have negative
attitudes. Other than that everything is just alright,”
she added.






























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-
PAGE 8, TUESDAY, MAY 27, 2008

THE TRIBUNE







Govt is committed

to helping local
businesses, says
Senator Kay Smith

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

FREEPORT - Senator Kay
Smith said the FNM govern-
ment is committed to helping
local businesses grow and
expand. |

“The recent amendment to
the Hotels Encouragement Act
will send an important signal in
this regard,” she said. ~

Senator Smith was speaking
at the opening of a $7 million
sand mining and marina devel-
opment off the Warren J Levar-
ity Highway. The facility was
established by Nassau Island
Development.

Senator Smith said the.

amendment will permit restau-
rants, bars and other businesses
that cater to tourists, access to
customs duty concessions on the
importation of materials for the
construction, refurbishment
and/or upgrade of their premis-
es in designated tourist areas.

Senator Smith pointed out
that the new amendment to the
Local Government Act will be
beneficial as well.

She explained that it empow-
ers local government districts
to approve the construction of
wooden piers without the per-

Learn ‘ticketing and reservations procedures in
just a few short weeks. Travel agents are in high

demand. Get the training you need to qualify for a
high- paying job or to start your own business.

New classes are forming now. Call Success for registration'and program details, 324-7770:

_ 2008



KIA MOTORS

The Power to Surprise”

mission of the central govern-
ment in Nassau; facilitating
developments that will permit
small hotels and guest houses,
primarily in the Family Islands,
to attract small boaters to their
facilities.

She-also stated that Prime
Minister Hubert Ingraham has
foreshadowed the introduction
of another new Bill, which will
enable Bahamians to access cus-
toms. duty concessions for a
wider cross section of business-
es which cater to tourists. It
would cover cultural facilities,
sporting amenities and upscale
restaurants.

Mrs Smith said that another
bill under consideration would
provide for the exemption of
customs duty on materials
required for the construction
and upgrade of specific airports.
It would cover furniture and
other material imported for the
expansion and upgrade of air-
ports.

“Many of these bills will ben-
efit businesses currently oper-
ating outside of the Freeport
area.

“Our administration is com-
mitted to Grand Bahama’s eco-
nomic recovery and our poli-
cies and programmes in the next
budget will reflect a direction
toward restoration,” she said.




















Teal HU Sy eA ahs) MANAGER: Eloise eet

Jim Lawlor

“I’m excited

to be here;I &
Peace sks (elo melt

Saye ives tele emma



“Grysul Pa lac ino
welcomes Eloise Scavella





Crystal Palace Casino has
welcomed Eloise Scavella as its
new guest services manager.

In a statement issued yester-
day, Crystal Palace said Ms
Scavella brings to the company
a wealth of knowledge and
international experience in casi-
no operations.

Bahamian born, Eloise Scav-
ella has returned home after
completing a master’s degree in

training and development at the —

University of Wisconsin-Stout
and has worked in various posi-
tions at
Harrah’s
Entertain-
ment,

senior
training
and devel-
opment
specialist at
Caesars
Palace.

As guest

tal Palace Casino,. Ms Scavel-
la’s duties will include conduct-
ing analysis on the satisfaction
levels of casino guests, non-
management and management
associates; implementing casi-
no guest training initiatives, and
partnering with hotel operations
to develop annual casino com-
pliance training programmes.
.Ms Scavella will also oversee
and provide feedback to casino
executive management on feed-
back surveys and training.

_ “Tm excited to be here; I con-
sider it an honour to be a part of
the growth and development of
this company in addition to

including as ©

services manager of the Crys- ,

tourism advancement in my
country,” she said.

Crystal Palace Casino man-
ager‘Denise Rahming said that
the company prides itself on hir-
ing associates and managers of a
high calibre — and that Ms Scav-
ella is representative of this.

“Ms Scavella brings interna-
tional experience to our organ-
isation and we value this kind of
contribution. Her qualifications
are in line with the first class
standards. we promote and
uphold at the Crystal Palace
Casino,” said Mrs Rahming.

Ms Scavella will begin a Crys-
tal Service which is designed to
evaluate standards of casino
associates, provide an outline
of operation efficiency and pro-
vide training for casino associ-
ates. The programme will also
include detailed surveys for
guests of the casino and surveys
for casino staff.

“The Crystal Service will be a
programme that will train asso-
ciates to exceed guests’ expec-
tations; having guidelines in
place gives a barometer of how
to proceed. Standards help to
set markers of success. We need
to know how well we are doing
in the Crystal Palace Casino,
how well associates are being
managed, how well they enjoy |
their jobs and how able they are
to do their jobs,” said Ms Scay-
ella. In June, training for Crys-
tal Service will begin for casi-
no associates.

Thereafter, casino guests will
be asked to contribute to
detailed surveys in an effort to
evaluate their experiences at
the Crystal Palace Casino.

Historian and author to talk on life of Shadrach Kerr

Jim Lawlor, historian and author of "The Habour Island Story" is
giving a talk this Thursday, May 29 on the subject of Shadrach Kerr, a
free black boy who was born in 1832 in Nassau and became the first
ordained Baptist Minister in the Bahamas.

He lived.,a life of service to others: as a boy he shared his life with Lib-
erated Africans; in his youth he was teacher and evangelist to the salt
raking islands of the Bahamas; as a young man he dedicated himself to
theology and was ordained in England.

He served with valour through the 1866 Hurricane in Turks Island,
revolutions in Haiti and desperate working conditions in Panama and
Florida. Shadrach Kerr's early life coincided with a crucial time in
Bahamian history from ‘the emancipation from slavery through to

post: disendowment and disestablishment of the Anglican Church,

which brought the freedom to worship in the denomination of choice.
The success of the Baptist faith in the Bahamas has been due to the
strength and dedication of men like Shadrach Kerr.

0 THE WORLD

The Bahamas Telecommunications Company, Limited (BTC)

GOVERNMENT NOTICE

Invitation for Proposals

The Bahamas Telecommunications Company Limited (BIC) is soliciting proposals.
from qualified parties to provide a “War Gaming Proposal”,

BIC is seeking to secure the services of a consultant or agency to oidlize the opera-

“tional and marketing performance and strategies of BIC with respect fo ifs mobile
market segment, The agency or consultant is expected fo provide a proposal that
will introduce a “dummy” company by the name of Megacell into the marketplace
with the primary purpose of penetrating BIC’s mobile customer base.

Megacell will develop a full marketing and product roll out strategy fo be imple-

mented in a virtual environment. It should include the following:

* Launch plans and related collateral and activities

¢ Budgetary provisions for all marketing activities

* Marketing collateral geared fo specific and ongoing promotions, specials, and
other differentiators

* Pricing of goods and services, including seasonal pricings

* Strategy for corporate sponsorship and corporate civic citizenship

_* Wholesale and Retail Distribution strategy, including third party licensed retailers

and/or handset subsidies and pricings as may be applicable.

» Customer care strategies, including specific strategies for customer acquisition
and retention

¢ Strategies(both formal and informal) for managing and influencing the regulatory
environment and for competitor and market intelligence gathering

Interested parties may obtain further information, including eligibility fo participate
as of May 26, 2008 from the BIC Marketing Department, Bay Street, Nassau, Baha-
mas.

The 2008 Carens is an all-new model, only the name of the previ-
ous model has been retained. Longer, wider and taller than its
predecessor (by 55, 50 and 40 mm respectively), the latest
Carens does not share a single panel with the old model and its
smoother exterior, with elegant detalllng: results in significantly
improved aerodynamics.

Any queries should be directed to Eldri Ferguson, eferguson@btcbahamas.com ,
242-302-7540.

Please respond to this RFP by no later than July 8, 2008 addressed to:

Mr. Kirk Griffin

Executive Vice President

The Bahamas Telecommunications Company Limited
P, O. Box N-3048

John F. Kennedy Drive

Nassau, Bahamas

ON THE SPOT FINANCING AVAILABLE WITH
COMMONWEALTH BANK

INSURANCE AVAILABLE WITH ADVANTAGE
INSURANCE BROKERS & AGENTS LTD,

SANPIN MOTORS LIMITED
Thompson Blyd. Oaks Field

Phone: 242-326-6377

fax: 242-326-6315

Proposals will be opened 12 Noon, July 11, 2008, BIC Marketing Office, Bay Street.

BIC reserves the right to reject any or all proposals.


THE TRIBUNE

NOTICE * PUBLIC NOTICE *PUBLIC NO

YOUR CONNECTION-“TO THE WORLD

_ TUESDAY, MAY 27, 2008, PAGE 9

NOTICE *PUBLIC NOTICE *PUBLIC NOTICE



The Bahamas Telecommunications Company Lid invites tender for salvage used vehicles as listed.

All tenders should be sent to the attention of |. Kirk Griffin, Executive Vice President, P.O. Box N-3048, Nassau, Bahamas
in a sealed envelope clearly marked “Tender Salvaged Used Vehicle" to our JFK Administration office on
John F. Kennedy Drive, so as to arrive no later than June 5th, 2008 at 4pm.

%

Participants will be notified in writing of the selected bids.

Salvage vehicle can be viewed at BTC compound Perpall Tract between 9:00AM and 4:00PM Mondays through Fridays.

Tag #

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Nissan Sentra 1994 T00118
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Sentra Sedan 1994 T00120
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Toyota Camry 2003 T00150
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Kia Pride Sedan 1997 T00283
Kia Pride Sedan 1997 T00284 -
Nissan Sentra 1998 TO00286
Ford Escort 1998 T00287
Ford Sedan 1998 T00297
Ford E150 Van 1994 T00402
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E150 Van 1996 T00417
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Ford Aerostar 1996 T00422
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Ford Aerostar 1996 T00424
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_ Ford Winstar 1998 T00438
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Dodge: Caravan 2001 T00458.

- Dodge Caravan 2001 T00460
Ford E350 Van 1998 T00492
Nissan Bus 1999 TO0535_—sx.
Ford E150 Van 1994 T00581
Ford E150. Van 1994 T00583

. Ford E150 Van 1994 T00585
Ford E150 Van 1994 T00587
Ford E150 Van 1994 TO00588
Ford E150 Van 1994 T00597
Ford P/u Truck 1994 T00712
Ford Ranger P/u 1994 T00714
Ford R P/u 1994 T00721
Ford Ranger P/u 1994 T00722
Ford Ranger P/u T00723
Ford Ranger P/u 1994 T00725
Ford Ranger P/u 1994 T00728
Ford Ranger P/u 1994 T00734
Ford Ranger P/u 1994 T00735

, Ford Ranger P/u 1994 T00737
Ford Ranger Truck 1994 T00738
Ford’ R P/u 1994 T00741
Ford Ranger Truck 1994 T00744

- Ford Ranger P/u 1994 T00748
Ford Ranger P/u 1994 T00750
Ford Ranger P/u 1994 T00751
Ford D21: P/u Truck 1995 T00754
‘Nissan D21 1995 T00756
Ford Ranger P/u 1996 T00763
Ford Ranger 1996 T00764
Ford. P/u Truck 1996 T00768
Ford R 1996 T00769
Ford Ranger P/u 1996.T00770
Ford R.P/U 1996 T00773
Ford Ranger 1996 T00774
Ford Ranger P/u 1996 T00776
Ford Ranger P/u 1996 T00777
Ford Ranger 1996. T00778
Ford Ranger P/u 1996 T00779
Ford Ranger P/u 1996 T00781
Ford Ranger P/u 1996 T00782
RANGER P/U TRUCK
Ford Ranger Truck 1996 T00784
Toyota Camry 2003 T00151
Ford Ranger Truck 1996 T00786
Ford Ranger P/u 1998 T00788 —
Ford Pickup Truck 1996 T00789
Ford Ranger P/u 1996 T00790
Ford Truck 1996 T00795
Ford Ranger Truck 1996 TO00796
Ford Ranger U/p 1996 T00797
Ford RTruck 1996 T00798
Ford Ranger P/u 1998 T00799
Ford F800 Truck 1996 TO00804 ©
Ford F350 Cargo 1996 TO0806
Ford F800 Truck 1998 T00815
Ford Crew 1990 T00851
Ford F450 Truck 1996 TO0862
Ford.F350 1996 T00867
F450 BUCKET TRUCK
F450 Lift Truck 1997 TO0886
Ford F450 Truck 1999 T00887
Tractor Head 1992 T00925
Ford Ranger Truck 1996 T01000
Ford R 1996 T01001
Ford Ranger Trk 1996 T01003

Serial #

3NIBEABB13R000860
3NIBEAB13R001024
3NIBEAB13R001889
3NIBEAB13R003746
38NIBEAB13R003613
38NIDEAB13R003322
JTDBE388K10021 7493
38TAYY10M000537
3TAYY10M000259
3TAY Y10M000058
38TAYY10M000801
3NITDAY10V000759
3NITDAY10U000719
38NITDAY10V000733
3NITDAY10V000790
8NITDAY10V000746
‘KNEDA2423VK104005
KNEDA2423VK094299
. 8NITDAY10W003050
1FAFP13P4WW221410
_ IFAFP13P5WW321399.
1FTEE14YIRHB44426
1FTEE14Y3RHB44427
TFTEE14Y8THAS2463 |
1FTEE14Y5THB35672
1FMCAIIUITZC08403
IFMCAIIU3TZC08404
1FMCA14YXT2CO08405
1FTDA14U3TZCO8407
1FTDA14U5TZCO8408
1FTDA14U7TZCO849
1FTDA14U3TZC08410

- 1FTDA14V5T2ZC08411

1FTRE1425WHB10496
1FTRE1429WHB10498
2FMZA51U6WBD67362
2FMZA5IU2WBD67360

2FMZA51U6WBD67359,

1FTRE1425WHB96795

1FTRE1427WHCO6548°

1FTRE1423WHC06546
* TFTRE1429WHC06549
1B4GP25B31B205055_

1B4GP25B81B248354 .....
1FTSE34S7WHB10495

JN10BGW40Z0200727
1FTEE14YARHB44405
1FTEE14Y8RHB44407
1FTEE14Y1RHB44409
1FTEE14YXRHB44411
1FTEE14Y1RHB44412
1FTEE14Y2RHB44421
1FTCR10A6RUC87822
1FTCR10AXRUC87824
IFTCR10A7RUC87831
1FTCR10A9RUC87832
1FTCR10AORUC87833
1FTCR1DA4RUC87835
1FTCR10AXRUC87838
1FTCR10ASRUC87844
1FTCR10A7RUC87845
1FTCR10AORUC8784
1FTCR10A2RUC87848
1FTCR10A2RUC87848
1FTCR10A8RUC87854
14FTCR10A5RUC87858
5LSUD21000680 D21

- 4FTCR10AIRUC87825
5LSUD21000411 D21

* 5LBUD21000824
1FCR10AXTUD90801
1FTCR10A1TUD9082
14FTCR10AOTUD90807
1FTCR10A4TUD90809
1FTCR10ADTUD90810
1FTCR10A6TUD90813
1FTCR10AXTUD90815
1FTCR10A5TUD90818
1FTCR10A7TUD90819
1FTCR10A4TUD90826
1FTCR10A6TUD90827
1FTCR10AXTUD90829
1FTCR10A6TUD90830
IFTCR10AXTUD90831
1FTCR10AXTUD90832
JTDBE38K3001 46748
IFTCR10A3TUD90834
1FTCR10A5TUD90835
1FTCR10A7TUD90836
1FTCR10A9TUD90835
1FTYR10C7WPB44668
1FTCR10A2TUD90842
1FTYR10C7WPB44671
1FTCR10A6TUD90794
1FTCR10A4TUD90843
IFDPF8OC4VVA23390
2FDKF37F8TCA64590

IFDK64F8WA47623
1FDLF47FO0TEB75252
1FDLF47F6TEB75269
IFDKF37F2VEA40945
1FDXF46F2XEB83846
1FDXF46F8XEB83852
1FTYS95R3NVA16695
IFTCR10A9TVD90823
1FTCR10A3TUD90820
1FTCR10A5TUD90821



Sentra
Sentra
Nissan Sentra
Nissan Sentra
Nissan Sentra
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Toyota Camry
Sentra
Sentra
Nissan Sentra
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Sentra
Sentra
Sentra ,
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Kia Pride

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Ford Escort
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E150
E150

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Ford Aerostar
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Ford Ranger
Ford F800
F350

Ford F450
L9000
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Ford Ranger

Vike { get Jal its

Tag #
T01004 °

T01006
T01012
T01016
T01017
T01019

T01025 ,

T01030
T01037
T01040
T01042
T01049

T01054

T02000
T02007
T02013
T02016
T02023
T02086
T02088
T02089
T00938
T00934
T00791

TOO596

T00404
T00877
T00713
To0584
T00752
T00449
T00863
T01094
T00592
T00868
T00595
T01083
T00598
T00117

T00270 ~

TO0865

T00589
TO1051:.
102028 is

T00415
T00419

T01044

T00870
T02015
T01053
T01024
T02048

T01062
T00576
T00578
T02018
T02041
T00858
T00410
T00406
T00400
T00593
T00785
T00414
T00879
TO0569
T00575
T00571
TO0568

Teen Cre

Ford P/u Truck 1996 T01004
Ford Truck 1996 T01006

Ford R Truck 1998 T01012

Ford Ranger Truck 1998 T01016
Ford Ranger P/u 1998 T01017
Ford Ranger Truck 1998 T01019
Ford Ranger Trk 1996 T01025
Ford R Truck 1996 T01030

Ford Truck 1996 T01037

Ford Ranger P/u 1998 T01040
Ford P/u Truck 1998 T01042

- F150 P/u Truck 1998 T01049

Ford F25 P/u Truck 1997 T01054
F250 P/U TRUCK

Ford F250 Truck 1998 T02007
RANGER P/U TRUCK
RANGER P/U. TRUCK

Ford Ranger 1999 T02023

Ford F250 2003 T02086

Ford F250 P/u 2003 T02088
F250 P/U TRUCK

Club Car Gulf Cart 1998 T00938
Carryall Gulf Cart 1998 T00934

‘Ford Ranger P/u 1996 T00791
. Ford E150 Van 1994 T00596

Ford E150 Van 1994 T00404
Ford F350 Truck 1997 T00877
Ford Ranger Truck 1994 T00713
Ford E150 Van 1994 T00584 .
Ford Truck 1995 T00752

Ford E150 Van 1998 T00449
Ford F350 Truck 1996 TOO0863
Chevy S10 Truck 1992 T01094 NP
Ford E150 Van 1994 T00592
Ford Truck 1996 TO00868

Ford E150 Van 1994 T00595
Chevy S10 Truck 1992 T01083
Ford E150 Van.1994 T00598
Nissan Sentra 1993 T00117
Nissan Sentra 1993 T00270
FordTruck 1996 TO0865

“Ford E150'Van 1994 100589 7"
* £250 Plu, Truck 1995 TO1051.,.. i.
Ford:Ranger::1999: TO2Z028 www sau:



Ford E150 Van 1996 T00415
Ford E150 Van 1996 T00419
Ford Ranger P/u. 1998 T01044
Ford F350 1996 T00870
RANGER P/U TRUCK ?
Ford.F150 P/u 1995 T01053
Ford Ranger Truck 1998 T01024
Ford Ranger P/u 1999 T02048 .
Chevy S-10 Truck
Chevy S-10 Truck

Chevy S-10 Truck

Chevy S-10 Truck

Ford F SuperDuty Truck

Nissan Sunny

Nissan Sunny

Nissan Truck

’ Nissan Sunny

Nissan Sunny

Ford F250 Truck

Chevy S-10 Truck. .

Ford E150 Van 1994 T00576
Ford E150 Van 1994 T00578
RANGER P/U TRUCK
RANGER P/U TRUCK

Ford F350 Lift 1993 TO00858
Ford E150 1996 T00410

Ford E150 Van 1994 T00406
Ford 1994 T00400

Ford E150 Van 1994 TO0593
Ford Ranger P/u. 1996 T00785
Ford E150 Van 1996 T00414
Ford F450 Bucket 1997 T00879
Nissan Bus 1990 TO0569
Nissan Bus 1991 T00575 |
Nissan Bus 1991 T00571
Nissan Bus 1990 TO00568

BGW40000234 Civilian
MW40C5FHUQ61021798 Civilian

Please contact the Manager of Fleet Management at telephone number 302-7209

www.bicbahamas.com



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Serial #

1FTCR10A5TUD90799 Ranger

_ 1FTCR10A8TUD90800_ ~— Ranger
1FTYR1IO0C6WTA32595 _~— Ranger
1FTYR10C3WTA32599 =Ranger
1FTYR10C8WTA32601 ~=-Ford Ranger
1FTYR1OCXWTA32602 = Ranger
1FTCR10OA7TUD90805 Ranger
1FTYR10C1WTA32603 Ranger
IGCCS1445T8150430 S10 ~
1FTYR10C3WTA33604 Ford Ranger
1FTYR1O0C5WTA32605 Ranger
1FTEFISN6SNB49386. F150 -

1FDHW25F4VEA45152 =F 250

IFDNF20LIX8B51027 T12578
1FDNF20L3XEB51028
IFTYR10C1XUA57223 =6T 12978
1FTYR10C7XUA57226 113160
1FTYR10C8XUA57235 — Ford Ranger
1FTNF20P23ED47124
1FTNF20P63ED47126
1FTNF20P83ED47127. 1309
1FTCR10ADTUD90838 Ford Benue
1FTEE14Y0RHB444420 Ford E150
FTEE14Y5RHB44428 E150
3FELF4F2VMA65568
1FTCR10A8RUC87823 Ranger
1FTEE14YXRHB44408 £150
5LSUD21000421 D21
1FTRE1421WHC06545 = Ford E150
IFDLF47F8TEB75192 F350:
1GCCS14AXN81 93377
1FTEE14Y9RHB4416
1FDLF47FXTEB58863 F350
“1FTEE14Y4RHB44419 E150
1GCCS14A7N8193286 Chevy S10
1FTEE14Y4RHB44422 £150
3BAMR13M004862
3TAYY10M000550 Sentra
1FDLF47FATEB75173 ie k a
{FTEE14Y3RHB44413° “E150 ee

. -TFTEFIS5N4SNB49385 .:... F250
1FTYR10C3XUAS7244i« "Rangers nn
1FTEE14Y5THA48788 =E150°

- 1FTEE14Y3THA48787 E150
1FTYR10C7WUC19886 Ranger
1FDLF47F9TEB75282 ~~ F350
1FTYR10C5XUA57225 713162
1FDHW25F6VEA45153 ~—- Ford F150
1FTGR10A8TUD90814 —. Ranger
1FTYR10C3XUA57238 — Ranger
1GCCS1481N8193476
1GCCS14A4N8193472
1GCCS14A7N8193479
1GCCS14A2N8193471
1FVL47TEB58847
WHLB11M-A70440

* WHLB11M-B03578
8TAYYLOM-000011
2P212M009250
2PB12M009520
2FTHF25H4TCA38548
1FTEE14Y5RHB44400 E150
1FTEE14Y9RHB44402 E150
1FTYR10C2XUA57229 = 13151
IFTYR10C3XUA57255 = 712965
1FDKF37H6PNA16300 Ford F350
1FTEE14Y1THA52541 Econoline
1FTEE14Y3RHB44430 E150
1FTEE14Y8RHB44424 = =E150 |
1FTEE14YORHB444417 , E150
1FTCR10A1TUD90833
1FTEE14Y67THA51151 Ford E150
1FDXF46F4XEB83847 F450 —
MW40CSFHUQ61021803 Civilian
BE434F11252-
PAGE 1U, I|UESDAY, IAY Z/, ZUUS

IAE IRine. .—



Nottage defence in defamation lawsuit filed

AIDS activist
murdered

FROM page one

yesterday afternoon.

Police needed a locksmith to get into the apartment above the
AIDS Foundation of The Bahamas, where he was an administra-
tor, in downtown Nassau at around 2.45pm after concerned neigh-
bours reported they had not seen Mr Adderley over the weekend.

Mr Adderley had been HIV positive for more than 20 years and
lived a healthy lifestyle, becoming an advocate for HIV patients
everywhere.

‘Police would not confirm
the cause of death in the ear-
ly stages of the homicide
investigation and said no
weapon has been found at
the scene, however news
reports claim Mr Adderley
was stabbed to death.

Nearby in downtown Nas-
sau, Harl Taylor and gay
handbag designer Thaddeus
McDonald were brutally
murdered within days of each
other.

No one has yet been
charged with the murders
which took place in Novem-
ber last year. °

Crime Detection Unit
. (CDU) homicide Inspector
Christopher Wright said no
link has been made between
the murders and Mr Adder-
ley’s death at this stage in the
investigation.

He added: "The body is
fully clothed and there is
trauma to the body. It has
not yet been totally exam-
ined so the kind of injuries
are not known yet.

"However, we do know it is a homicide.

Senior police officers including acting assistant commissioner
of crime Raymond Gibson and CDU chief superintendent Glenn
Miller also attended the scene.

Shocked friends, neighbours and colleagues of Mr Adderley's
gathered outside the cordon sectioning off Delancey Street.

Rev A. Dewitt Hutchison, associate minister at the Bethel Bap-
tist Church, has known Mr ‘Adderley for 25 years, and in recent
years he was an usher at the church.

Rev Hutchison said: "I met Wellington in 1992 when we attend-
ed an AIDS camp — he was HIV positive for more than 20 years
and living a very healthy life.

ing at the crime scene

"He was nice. He attended bible studies, he was very soft spoken,

and very passionate about his work, very focused."

Victor Rollins, 47; member of The Bahamas Community for HIV
AIDS, said he had just got back from a conference in Trinidad with
Mr Adderley.

He said: "He was cool. A real hard worker, very focused, he had
a passion to get the surge of HIV down and the scourge of dis-
crimination against persons who lived with HIV AIDS."

Mr Adderley’s murder brings t the nation’s 2008 homicide count
to 29.





INSPECTOR Christopher Wright speak- .

FROM page one

to bestow favour upon himself, his family
and/or his friends.

“The plaintiff by his own admission in a
statement made on February 28, 2008, in
Parliament confirmed that he undertook
the invitation of his brother, despite his ini-
tial reservations about the propriety there-
of, to investigate his brother and sister-in-
law’s complaint about the customs duty
rate payable on a product imported by
them.

“The plaintiff through the Secretary for
Revenue determined to direct or instructed
the comptroller to classify a product import-
ed by his relatives, namely his brother
and/or his sister-in-law, in a lower rate of
duty category. contrary to the determina-
tion of the proper classification thereof in
law by the Department of Customs and the
World Customs Organisation.

“The plaintiff had no legal authority to
cause the reclassification of the Mona Vie
nutrition drink to a lower rate of duty cat-
egory which was inconsistent with its prop-
er classification under Tariff Heading

2202.9090 in the Tariff Act.

“The plaintiff's statement to Parliament |

on 28th February, 2008, clearly indicated
that he had notice of the ruling by the
World Customs Organisation on the prop-
er classification of the Mona Vie drink, yet
he sought, through the Secretary of Rev-
enue, to direct the Comptroller of Customs
to continue the practice of charging the 10
per cent rate of duty even though the prod-
uct properly classified would attract 45 per
cent rate of duty. This decision has had the
effect of benefiting importers of the Mona
Vie drink, including the plaintiffs brother
and/or sister‘in-law,” the defence contend-
ed.

The statement also said that the plain-
tiff (Mr Laing), by seeking the interven-
tion of the Secretary of Revenue, ought to
have appreciated that he was interfering in
the day-to-day management of the Cus-
toms Department in-circumstances where
the original complaint was made by his rel-
ative.

Furthermore, the defence makes the case
that if any words that were complained of
were spoken. by Dr Nottage, they were the

|
opinion of Dr Nottage and “protected
speech as fair comment on matters of pub-
lic interest”.

The defence also argues that if defama-
tory remarks were made, the second defen-
dant (Dr Nottage) claims with regard to
the words complained of that he is protect-
ed by “qualified privilege” and that he act-
ed with “reasonableness” in that he took
reasonable steps to ensure the accuracy of
the words complained of and did so publish
them with “reasonable care.”

“The second defendant (Dr Nottage)
exercised all due care and diligence in the
review of the said information and came
to the measured conclusions that he did as
set out in the press statement (which will be
relied on at the trial for its full terms and
effect).

“The public has a right to be informed
and the citizens have a right to expect those
elected to engage in a national and public
debate and exchange views on such matters
which affect the conduct of a duly elected
Member of Parliament and his conduct in
the discharge of his public duties,” the state-
ment said.

Former PLP senator’s husband charged with causing harm to her

FROM page one

Court dockets state that Zonicle, of
Berry Avenue, Yamacraw Estates, caused

-harm to his wife on Sunday, May 25, at

their home. It is further alleged that during
that same time he threatened Mrs Zonicle
with death. Mrs Zonicle’ was not present at,
the arraignment yesterday but attorney
Godfrey “Pro” Pinder held a watching brief

for her.

Zonicle pleaded not guilty to both
charges. His attorney, Shaka Serville, told
the court that his client was an employee

with the Broadcasting Corporation of the

Bahamas as well as the proprietor of a local
store.

Mr Serville told the court that his client
had no previous convictions and had moved
out of the Berry Avenue residence since
the incident.

He said that. Mr Zonicle and his wife

Turnquest gives robust response

FROM page one

“Well, we take it as seriously as he said
it,” said Mr Turnquest when asked if he
thinks Mr Gibson will follow through on
his promise:

The minister did not specifically say what
the FNM would do if Mr Gibson exposes
the secret lives of governing party mem-
bers, but instead suggested the issue may
not go that far.-

“T don’t think it will be tabled if you want
my view. Any document that is to be tabled
needs the permission of the Speaker to be
tabled and I don’t believe that is something

that is parliamentary business that would be -

allowed to be tabled,” he said. “That’s my
view. But I can’t speak authoritatively (in)
that regard.”

The public will take “a very dim” view of
the business of the House, suggested Mr

Turnquest, if Mr Gibson brings his

Drowning victims linked

SmartChoice

promised list to the floor of the Lower
Chamber.

“But, you know, I think we have serious
issues in this society to deal with and I don’t
believe that the members of the public
would wish for their parliamentarians to
be dealing with stuff like that,” he said.

After Mr Gibson made his vow last
Wednesday, The Tribune asked him if he
was serious about the threat. He said:
“There is no question about that.”

“The reason why I want to table it around
budget time is because the entire Bahamas
will be listening to what is being said in
parliament,” he said. “We’re not only
broadcast on television during the budget
debate, we are also broadcast on 1540am,
which means that all people all about in
the US, persons all about in the Family
Islands, will hear it. So once they hear these
names. associated with these members. of
parliament, then people in the communities

have one child and asked that he be allowed
to retrieve his belongings from their home.

The prosecution made no objection to
bail. Zonicle was granted $7,500 bail with
two sureties and was ordered by Magistrate
Bethel to have no contact with ‘the com-
plainant. The case was adjourned to
December § at 2pm.

Following the arraignment, Zonicle was
handcuffed and escorted out of the court-
room. ‘

to Gibson threat

will know what I am saying is true.”

A PLP source, who did not wish to be
named, said that Mr Gibson is acting on
his own with this decision, and it has noth-
ing to do with the party as a whole.

According to Mr Gibson, he is doing this
because of the fuss made by the FNM dur-
ing the Anna Nicole saga which led to his
resignation.

“You see, I took the liberty, since this
issue had come up with Anna Nicole and all
that — it seemed as though it was a big issue
of morality when they thought something

-was going on — I took the liberty of having

private investigators check on various per-
sons in office just to determine what it is
they’re doing,” said Mr Gibson last week.
Mr Turnquest said yesterday that he has.
had no discussions. with theopposition on
this issue since Mr Gibson made his threat.

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to human smuggling

FROM page one

gled into the United States
when the vessel overturned
near Sandy Cay.

BASRA Rescue officials
retrieved the

bodies of two black males and
one black female from the
water. However, they were
unable to retrieve the fourth
body which was being eaten by
sharks.

The bodies were put
onboard Basra’s "Rescue One"
vessel and taken ashore at Old
Bahama Bay Marina at West
End around 9.30pm.

A BASRA official said US

’ Coast Guard officials initially

OVERSEAS NEWS

notified them of a capsized ves-
sel in the waters off West End.

When BASRA, police, and
several private boaters pro-

ceeded to the location, they saw.

a 27ft white and red speedboat
with black hull in the water.
Bodies were floating nearby.

Supt Rahming believes that
rough seas. might have caused
the vessel to capsize, as Grand
Bahama experienced severe
weather conditions on Satur-
day.

The bodies of victims were
taken by local

morticians to the Rand
Memorial Hospital, where an

autopsy will be performed to

determine the cause of death.
Despite appeals by authori-

ties, Haitians are still risking
their lives on the sea to get to
the United States. _

In April, 27 migrants
drowned when the vessel they
were on sank off western New
Providence.

The group was onboard a
speedboat headed for Miami
when the tragedy occurred at
sea. The bodies of 14 people
were retrieved from waters
between Bimini and New Prov-
idence.

There were only three sur-
vivors — Honduran Ivan Lopez,
and Haitians Johnny Boucher,
26, and Rodene Fleresaint, 23.
Investigations are still continu-
ing into the incident.

Iran may be withholding info
needed in nuclear inquiry

@ VIENNA, Austria

Iran may be withholding
information needed to establish
whether it tried to make nuclear
arms, the International Atomic
Energy said Monday in an

unusually strongly worded |.

report, according to the Associ-
ated Press.

The tone of the language sug-
gesting that Tehran continues
to stonewall the agency — the
U.N. nuclear monitor —
revealed a glimpse of the frus-
tration felt by IAEA investiga-
tors stymied in their attempts
to gain full answers to suspi-
cious aspects of Iran’s past
nuclear activities.

Iran has described its coop-
eration with the IAEA probe
of its alleged nuclear weapons
experiments as positive, sug-
gesting it was providing infor-
mation requested by agency
officials. Indirectly disagreeing,
the agency also said that Iran
continued to deny such activi-
ties, dismissing evidence to the
contrary submitted for its
perusal as misleading or false.

The findings were part of a
restricted agency report for-
warded to the U.N. Security
Council and to the 35 board
members of the International

Atomic Energy Agency that
was obtained by The Associated
Press.

The nine-page report also
noted that Tehran remains defi-
ant of U.N. Security Council
demands to stop uranium
enrichment.

Shrugging off three sets of
council sanctions, it had instead
expanded its operational cen-
trifuges — machines that churn
out enriched uranium by about
500 since the last IAEA report
in February, said the report.

In announcing major progress
in Iran’s push for nuclear pow-
er, President Mahmoud
Ahmadinejad said last month
that Iranian scientists were
putting 6,000 new uranium
enriching centrifuges into place
and testing a new type that
works five times faster.

The report noted that Iran
now had only 3,500 centrifuges
and specified that the few
advanced machines actually
running were only in a testing
phase.

Uranium can be used as
nuclear fuel or as the fissile core
of warheads, depending on the
degree of enrichment.

Iran insists it has a right to
the activity under the Nuclear
Nonproliferation Treaty and

says it want only to generate
power.

But addressing whether Iran
was complying with agency
requests, the report said that
“Tran has not provided the
Agency with all the informa-
tion, access to documents and
access to individuals necessary
to support Iran’s statements”
that its activities were purely
peaceful in intent.

“The Agency is of the view
that Iran may have additional
information, in particular on
high explosives testing and mis-
sile related activities which ...
Iran should share with the
agency,” said the report.

It was referring to two alleged
sets of tests that agency officials
say could be linked to a nuclear
program.

Iran already rejected evi-
dence provided by the U.S and
other [AEA board members on
alleged weapons programs in
February, but then promised to
revisit the issue ahead of the
agency’s next board meeting in
a week.

Its nuclear programs have
been under IAEA investigation
since 2003, after a dissident
group revealed the existence of
a clandestine enrichment pro-
gramme.
THE TRIBUNE

Knowles and
Nestor could
face off

& By BRENT STUBBS
Senior Sports Reporter
bstubbs@tribunemedia.net °

/

MARK Knowles and Daniel
Nestor won’t defend their men’s
doubles title at the French Open
Grand Slam at Roland Garros.

But the two players, playing on
different teams, could end up fac-
ing each other in the semi-final.

While Knowles and his new
partner Mahesh Bhupathi of India
are the number four seeds, Nestor
and his new partner, Nenad
Zimonjic from Serbia, are seeded -
at number two.

If they advance through the bot-
tom half of the draw, the two
teams could clash in the semi-final.
The top half of the draw is led by
top seeds, American twin brothers
Bob and Mike Bryan.

When contacted yesterday in
Paris, France, Knowles said he and
Mahesh.are excited about playing
in the second Grand Slam trour-
nament for the year.

“T feel pretty good coming into
this Grand Slam. I feel pretty con-
fident of our chances to win it,”
Knowles said. “Although Mahesh
has a slight calf injury, he feels he
will be able to play through it.”

Knowles and Bhupathi, who are
still sitting at number three in the
Stanford ATP Doubles Race, will
have to.get past their first-round
opponents when the doubles com-
petition gets underway on
Wednesday.

They will play the Australian-
Great Britain team of Stephen
Huss and Ross Hutchins. Their
match will be played either on
Wednesday or Thursday.

“This is a Grand Slam where
everybody will be gunning for the
big teams,” Knowles said. “Know-
ing that me and Nestor played on

_the winning team last year, they
will definitely be out to take us
out.”

As for playing on different
teams going in as the defending
champions, Knowles said it’s a
strange occurrence for him.

“T don’t think I’ve ever had a
chance to come into a tournament
after winning it the year before,
playing with a different partner,”
Knowles admitted.

“So it’s going to be strange play-
ing with Mahesh, rather than
Daniel. But we are confident that
we can win it together. Mahesh
has won the title before and I won
it last year,” Knowles reflected.

“We’re playing very well togeth-
er, so I don’t see any reason why
we can’t have a good tournament
here. We just have to take it one
match at a time.”

Knowles is also reuniting with
Chinese Zi Yan for the mixed
doubles where they are seeded at *
number five. Their first-round
match will be against Tatiana
Poutchek of Belarus and Julian
Knowle of Austria.

Bhupathi is teaming up with Jie
Zheng of China, but they are
unseeded. Also unseeded is the
team of Nestor and Elena
Likhovtseva of Russia.

The top seeds are Zimonjic and
Katrina Srebotnik of Slovenia.

Immediately following the tour-
nament, Knowles is expected to
fly bck to the United States for
the delivery of the second child
with his wife, Dawn.



form’
On international scene

« & By BRENT STUBBS

‘ Senior Sports Reporter
bstubbs@tribunemedia.net

"ith the Bahamas

’ Association of

Athletic Associa-

tions’ Scotia Bank

National Open

Track and Field Championships just

about a month away, Bahamian ath-

letes are coming into fine form on
the international scene.

Over the weekend, two male sprint- .

ers came close to qualifying for the
100 metres for the 2008 Olympic
Games and keeping hopes alive for
the possibility of the 4 x 100 relay
team securing a spot in Beijing in
August as well. ;

At a meet at their training base in

Clearmount, Florida, over the week-
end, Rodney Green finished fourth in
a time of 10.31 and Adrian Griffith
was sixth in 10.37.

Griffith also won his heat in the
200.in 21.18 and Green was second in
his heat in 21.3.

Meanwhile, Jamial Rolle and

Dominic Demeritte both ran 20.7 in
the 200.

And in the women’s 400, Saha’

Rolle clocked 53.94 for third place.

Both Green and Griffith are train-
ing under the watchful eyes of Amer-
ican Olympian Dennis Mitchell, who
noted that he was quite impressed
with their transgression.

“I’m very happy with the progress
they are making. They have been pro-
gressing very well,” said Mitchell, who
has been training Green for the past

few years, but only worked with Grif-
fith for the last two months.
According to Mitchell, when Green
started, he was running around 10.6-
10.7, but he’s now down to 10.3 and

. before he returns home for the

nationals, it is hoped that he will be at
the 10.2-10.1 range. Bn, i

As for Griffith, Mitchell said he
came into his camp running around
10.8, then he dropped to 10.6 and 10.5
and is now at 10.3. Mitchell said he’s
also confident that he will be down to
about 10.1-10.2 at the trials.

“I’m trying to get both of. them to
qualify, for the Olympics,” Mitchell
projected. “We are going to work a
little harder over the next few weeks

‘and then they will compete again on

June 7 in another meet here.”
The A qualifying standard for the

men’s 100 is 10.21, but with national
champion Derrick Atkins having
already surpassed that, if any other
athletes wish to compete in the event,
they will have to do the A standard as
well. .
The B standard is 10.28.
Green, who has been through a
series of nagging injuries, said he’s
quite pleased with the training he’s
been getting from Mitchell.
“I feel good. I feel that over the
next two weeks, I will really get a lot
of work done so that I can be ready to
’ run even faster when I come home,”
Green stated.
Griffith said he, too, was thrilled
to have the type of performances he

SEE page 13





PHOTOS 1 & 2 - In the co-main event at
the Kendal Isaacs Gymnasium Saturday
night, Luis ‘El Monstruito’ Bolano (left
inset) came from the United States and
gave Meacher ‘Pain’ Major (top right) all
that he had to offer. For eight rounds, they
went toe-to-toe and blow-for-blow before
Meacher came away with a unanimous
decision.

PHOTOS 3 & 4—- Jerry ‘Big Daddy’ Butler
(left) forced American Armando Rodriguez
(far left) to call it quits 1:45 in the first
round.

On Olympic qualifying quest, Barry moves to Idaho to train with Kemp

@ By BRENT STUBBS
Senior Sports Reporter
bstubbs@tribunemedia.net

IN his quest to qualify for the 2008
Olympic Games, high-jumper Trevor
Barry has moved to Boise, Idaho, to
train with national record holder Troy
Kemp.

The Petty Group of Companies and
ALCO Holdings Limited have com-
bined to facilitate the move to ensure
that Barry is prepared to compete at
the BAAA’s Scotia Bank Nationals
next month and the Olympics in Bei-
jing in August.

Both Barry and Kemp never met
until last-;week when Barry showed
up in Boise. However, they commu-
nicated through the telephone and

)

the internet.

Although he’s been in Boise for a
couple of days, Kemp said he really
didn’t get an opportunity to work with
Barry until Sunday because of his pre-
vious commitment to the State Cham-
pionships where he was coaching
some athletes.

“I’m just happy to help him out,”
said Kemp, who won the gold at the
World Championships in 1985, but
missed out on winning a medal at the
World Championships.

“The goal is to try to get him to
qualify for the A standard for the
Olympics. So we will be trying to fine-
tone his skills to ensure that he’s going
to be ready.”

To qualify for the Olympics, Barry
will have to jump 7ft, 6 3/4ins or high-

er, the A qualifying standard. If he
does, he will more than likely join
world champion Donald Thomas in
Beijing.

Should they both qualify, it will be
the second time that the Bahamas has
had two competitors entered in the
men’s high jump.

Both Kemp and the late Ian
Thompson competed together in
Atlanta, Georgia, in 1988.

Based on what he’s seen so far from
Barry, Kemp doesn’t see why he can’t
make it.

“J watched some video tape on a
website that he directed me to,”
Kemp revealed. “I had a chance to
watch him and I was quite impressed
with what I saw.

“For such a tall guy, I really don’t

think he’s taking full advantage of his
height.

“But in our first session, we went
through some things that needed to
be corrected and he responded to it
positively.

“So I’m convinced that if he sticks
with it over the next few weeks, he
should definitely be able to jump
higher than 7-5 and qualify for the
Olympics.”

Kemp, who noted that he also
wanted to meet and work with
Thomas, said he hopes that by the
time Barry competes over the next
month, he will be able to achieve the
standard.

However, Kemp wasn’t able to °

indicate when Barry will compete
again.
'

He noted that Barry’s agent is try-
ing to get him in a meet in California
next month where he will definitely
have the competition to help him out.

But he said every Thursday, they
hold a developmental meet in Boise
and if Barry is interested, he can com-
pete in one of them. But he noted
that the competition probably won’t
be what he needs to get him over the
hump.

Barry was unavailable for com-
ment, but Kemp said they are both
pleased with the decision for him to
train in Boise and they are looking
forward to a fruitful relationship.

Kemp, who was recently inducted
into the Central American and
Caribbean Hall of Fame, holds the
national record at 7-9 3/4.
PAGE 12, TUESDAY, MAY 27, 2008

TRIBUNE SPORTS



ARIZONA Diamondbacks starter Brandon Webb works in the first
_ inning of a baseball game against the Atlanta Braves Monday

Braves beat the
Diamondbacks,
send Webb to.
2nd straight
defeat





John Bazemore/AP

e By CHARLES ODUM
‘AP Sports Writer

‘ATLANTA (AP) — Bran-
don Webb is on a different
type of streak, thanks to Mark
Teixeira and the Atlanta
Braves.

‘Teixeira drove in four runs
against Webb as the Braves
beat the Arizona Diamond-
backs 7-3 Monday and sent
Webb to his second straight
defeat.

“Webb (9-2) allowed seven
runs — four earned — and a
‘season-high 10 hits in 4 1-3
innings, his shortest start since
Oct. 1, 2006. He won his first
nine decisions before losing 3-
1jat Florida last Wednesday.

!Webb struck out eight,
walked three and fell behind
5-1 in the second inning. The

- hits were the most he allowed
since San Diego had 11 last
July 15.

| Manny Acosta (3-1) pitched

two hitless innings to win in
relief of Jair Jurrjens, who gave
up three runs and eight hits in
4 2-3 innings. Jeff Bennett
entered with a 5-3 lead, aman
on and two outs in the fifth
and retired Mark Reynolds on
a flyout.

| Atlanta split the four- -game
sesies to complete an 8-3
homestand, the Braves’ longest
this season. Arizona finished
av2-5 trip.
i ‘Teixeira hit a two-run dou-
ble in the first and added a
the



two-run single in the second.
A throwing error by Reynolds
on Jurrjens’ sacrifice set up
three unearned runs, with
Greg Norton scoring from sec-
ond on the bunt.

Jeff Salazar hit an RBI single
in the first, and Arizona closed
in the fifth on Orlando Hud-
son’s two-run homer.

Brian McCann homered in ,

the bottom half, only the

season. Pinch-hitter‘Ruben
Gotay’s RBI single chased
Webb.

Notes: Webb lasted four
innings against San Diego on
Oct. 1, 2007. The seven runs
were the most allowed by
Webb since June 22 last year,
when he gave up seven run —
three earned — in a 7-1 loss
to Baltimore at Arizona.

Kelly Johnson’s sixth-inning
single extended his hitting
streak to 12 games. ... The
Braves activated RHP Buddy
Carlyle, and RHP Chris Resop
was designated for assignment.

Chad Tracy came off the DL
to start at first base in his 2008
debut. C Robby Hammock
was optioned to Triple-A Tuc-
son.

Braves CF Mark Kotsay was
a late scratch with tightness in

_ his back. Arizona RHP Micah

Owings pinch hit in the eighth
and hit into a double play. He
is batting .286 (10-for-35) with
a home run, three RBIs and
12 strikeouts.

‘fourth allowed by Webb this -





BALTIMORE Orioles’ pitcher Garrett Olson throws to a New York Yankees batter during the sixth
inning of a baseball game, Monday, May 26, 2008, in Baltimore. The Orioles won 6-1.

BALTIMORE Orioles catcher Ramon Hebnandes waits for the throw before tagging out New
York Yankees’ Johnny Damon at home to end the third i SN

Rob Carr/AP

Jim Dietz/AP —

Orioles end the Yankees’
five-game winning streak

@ By DAVID GINSBURG
AP Sports Writer

BALTIMORE (AP) — Garrett
Olson pitched seven innings of
three-hit ball, Nick Markakis went
3-for-4 with a home run, and the
Baltimore Orioles ended the New
York Yankees’ five-game winning
streak with a 6-1 victory yester-
day.

Aubrey Huff also homered for
the Orioles, who snapped a five-
game skid that began with succes-
sive defeats in New York.

Hideki Matsui had three of New
York’s five hits and scored the
Yankees’ lone run, on a ninth-
inning single by Chad Moeller.

Olson outpitched Darrell Ras-
ner, who gave up one run and five

‘hits in six innings. Rasner (3-1)
had won each of his three starts
since being recalled from the
minors on May 4.

Markakis put Baltimore up 1-0
with his ninth homer on a 3-2 pitch
in the sixth, and he added an RBI
single in a five-run seventh against
New York relievers LaTroy
Hawkins and Jose Veras.

Earlier, Markakis broke an 0-
for-13 slump with a third-inning
double. He also made the game’s
key defensive play, a throw from
right field that cut down Johnny
Damon at the plate.

Rasner vs. Olson was a rematch
of five days earlier, when both
pitched at Yankee Stadium. In
that game, an 8-0 New York vic-
tory, Rasner threw seven score-
less innings, while Olson. yielded
six runs before being yanked in
the third.

Rasner was nearly as impres-
sive this time around, but Olson
(4-1) -was better. The rookie did
not allow a hit after the third
inning. He had a career-high tying
seven strikeouts and walked four.

Chad Bradford worked a per-
fect eighth and Jamie Walker gave

-up arun and two hits in the ninth.

The Orioles loaded the bases
with two outs in the second before
Rasner struck out Freddie Bynum
on three pitches.

New York got a runner to sec-
ond base in each of the first three
innings but came away empty. In
the third, Damon was thrown out
by Markakis trying to score on a
two-out single to right by Matsui.

Markakis broke up the score-
less duel in the sixth with a drive
to center that traveled an estimat-
ed 423 feet.

In the seventh, Melvin Mora
and Markakis had successive run-
scoring singles with two outs
before Huff hit his eighth home
run, a three-run drive to right-cen-
ter that was his second in two
games.

Notes: Baltimore is 15-7 at
home and 10-18 on the road.

Markakis leads AL outfielders
with eight assists. Yankees C Jorge
Posada (shoulder) went 0-for-5 in
an extended spring training game
Monday. He caught five innings
but did not throw or run.

Ronaldo to announce where he’ll be playing in two weeks

m By ROBERT MILLWARD
“ AP Soccer Writer

(AP) — Cristiano
Ronaldo says he will announce with-
ii two weeks where he will be playing
soccer next season.
"hat may mean he has already
decided to move to Real Madrid.
More likely he will be staying at Man-
¢hester United for more money.
« After 42 goals for the Red Devils
including one in last week’s Champi-
ons League final triumph over
Chelsea in Moscow, Ronaldo is the
attest player in the world right now.
Even hotter than Barcelona’s Lionel
Messi and AC Milan’s Kaka whose
clubs fell way behind in their domes-
tic title races and didn’t make it to
the Champions League final.
'Ronaldo’s goals, his mesmerizing
dribbling skills and long-range, swerv-
ing, dipping free kicks have increased
his transfer value to put him out of
reach for all but a handful of clubs.
' After six seasons without European
soccer’s biggest prize, however,
Madrid sees Ronaldo as the missing
ingredient it needs to win another
Champions League. The Spanish soc-
cer giant holds the record of nine titles
in what used to be known as the
‘European Cup, but hasn’t added to
that total since 2002.

But it would need to pay a world
record transfer fee of something like
$118.8 million even if it persuaded
United to sell. Ronaldo is a year into





Paulo Duarte/AP

PORTUGAL’S CRISTIANO RONALDO is seen on a coach after a training session with
the Portuguese national soccer team in preparation for the Euroz2008 soccer
championships.

a five-year contract at Old Trafford
and United has given no indication
that it is willing to sell its biggest asset.

United manager Alex Ferguson has
accused Madrid of skullduggery in
trying to pry Ronaldo away and the
Spanish club’s president, Ramon
Calderon, responded by saying it
would only buy the star if the Pre-
mier League champion were willing
to sell.

Ronaldo’s own words appear to
open the door as wide as possible.

“T have nothing with Real Madrid
at present,” Ronaldo said Friday from
Lisbon ager he joined up with Portu-
gal’s teatn for preparation for next

month’s European Championship. “J
have a contract with Manchester, and
in the next two weeks we’ll be speak-
ing again ... perhaps there might be
something new.”

That “something new” could be
taken two ways.

A move to a new club. Or a new
contract with United.

Ronaldo signed his five-year deal in
April last year for $237,600 a week.
Now the papers are speculating that
Madrid is prepared to pay him
$435,600 a week.

There is little chance that United
would pay him that much and that’s
why the Red Devils are furious that

the speculation will unsettle him.

But the club appears to be getting
backed into a corner. If it insists he
sticks with his current deal, Ronaldo
might well say that’s poor reward for
what he has given the club this season.

A new five-year contract and raise
might satisfy him but that would upset
some of teammates who would then
demand the same money.

“There is nothing certain at the
moment,” Ronaldo told the Por-
tuguese media on Monday. “The
press always make stories about inter-
est from other teams, not only from
Madrid, also from Barcelona.

“On one hand it’s good and means
that they know your value as a player
and think you can be a good rein-
forcement for other teams.”

If that sounds like bad news for
United, he also suggests he’s happy to
stay at Old Trafford for now.

“My head is in Manchester because
it is the club that, at the moment, puts
me in the best condition and that I’m
happy at,” he said. “I have never hid
from anyone that I would like to play
in Spain one day. It’s a dream, but
sometimes dreams don’t happen.

“I can guarantee that I am happy at
Manchester United and that I would
love to continue.”

Ronaldo is also full of praise for
Ferguson and his Portuguese assis-
tant, Carlos Queiroz, who stood by
him after he returned from the last
World Cup a hated figure for his
behavior after Wayne Rooney was

sent off in the England-Portugal quar-
terfinal.

Rooney, who is Ronaldo’s team-
mate at United, was ejected after
stomping on Portugal defender Ricar-
do Carvalho. Ronaldo ran up to the
referee to protest Rooney’s actions,
and the England striker shoved him
away. TV cameras caught Ronaldo
winking toward the Portugal bench
after Rooney was dismissed and his
team went on to advance on penalties
after a 0-0 draw.

When the English season kicked
off two months later, Ronaldo was
jeered wherever United played away
from home. But he contributed 17
goals and United regained the Pre-
mier League title from Chelsea.

After helping United win another
league title and a Champions League
crown, Ronaldo has even more to
bargain with.

But this is a situation United has
faced before.

“J have no reasons to leave the club
which has always supported me and
has always helped me to evolve as a
player. There are no final decisions
yet,” Ronaldo told the Portuguese
media back in July 2006.

“Things will be worked out next
weck. I want to do this the right way.
If I end up staying, that’s fine. If I
leave, that’s fine too.”

Ronaldo stayed, although he had
to wait nine more months for his new
contract. This time United may have
to be a lot quicker. \
TRIBUNE SPORTS

TUESDAY, MAY. 27, 2008, PAGE 13





There is so much Beas
normal athletes
can learn from
special athletes

Highlighting our Special Olympians

@ By BRENT STUBBS
Senior Sports Reporter
bstubbs@tribunemedia.net

BYRAN WOODSIDE, sit-
ting in as Minister of State
for Sports at his second Spe-
cial Olympics Bahamas, said
there is so much that normal
athletes can learn from spe-
cial athletes.

And taking the motto from
the Abaco school, stating that
“every child counts,” Wood-
side said that because every
child in the Bahamas counts,
they are making sure that the
organisation receives its
share of the pie in terms of
funding.

“Because every child in the

Bahamas counts, we the Min- |

istry of Sports, donated in
excess of $50,000 to Special
Olympics this year,” he pro-
~ claimed as he officially
opened the games on Satur-
day at the Thomas A Robin-
son Track and Field Stadium.
“We are so very pleased
with this organisation and
what it is doing for this com-
munity and I really do want
to single out Mr Basil
Christie. On behalf of the
Bahamas Government, we
thank you for giving so much
to our special athletes.”
Christie, director of Special
Olympics Bahamas, said they
have been quite pleased with
the turnout for this year’s .
games, which included more
than 200 athletes from Aba-
co, Grand Bahama and New
Providence.

Christie also thanked. mem-_

bers of the Royal Bahamas
Police Force, headed by
Inspector Julian Butler, who
carried the torch through the
streets of New Providence
and brought it into the stadi-
um for the opening ceremo-
ny.

This year’s games featured
an exhibition bocce match
held on Friday.

But on Saturday, the ath-
letes competed in swimming
at the Betty Kelly Kenning
Aquatic Centre and it con-
cluded with track and field at

the TAR Stadium.

' ° In swimming, some out-
standing performances were
turnedin. ~



COLLETTE Grant (left) and Alvia Penn with their
swimming medals..



- GRAND Bahamian swimmers Marlin Colebrooke and
Jeremy Russell show off their medals...

On the ladies’. side, among
top performers were Alvia
Penn and Collette Grant. On
the men’s side, they were
Ryan Forbes, Marlin Cole-
brooke and Kiplin Fowler.

Penn, who performed
exceptionally well in both the
50 freestyle nd backstroke,

said Grant really pushed her.

But the 16-year-old student,
of Stepledon, said she was
committed to pulling off the
victory.

Pleased

And Grant, 20, saidshe ~
was pleased with the way she
performed as well.

“We competed very well
against each other,” she stat-
ed.

Colebrooke, who won the
25 breast-stroke, but had to
settle for second in the 25
backstroke, said he set his
sights on competing with his

rivals.

“The competition was
hard, but I was prepared for
it,” he said. “I feel good to be
competing out here. I like
being loved by the people.”

Just like swimming, the
track and field competition
was just as intense.

Some top perfomers on the
girls’ side were Alicia Albury
from Gerald Cash School;
Keisha Moss from Thelma
Gibson; Carla Green,

' Stephanie Newton and Katie

Forbes from New Provi-
dence; Anastasia Sawyer and
Ashtonique Murray from
Abaco and Alexus Romer
from Grand Bahama.

The boys were led by She-
mar Munroe and Asher Sey-
mour from Garvin Tynes;
O’Brien Darville from Aba-
co; Brandon Mackey from
Stapledon School and
Stephon Rahming and Kiplin
Fowler from Grand Bahama.

Athletes in ‘fine form’
on international scene

FROM page 11

turned in.

“T still think I have a lot:

more left in the tank,” Griffith
proclaimed. “We are going
back into the gym to get some
more base in our training. So
over the next 2-3 weeks, it will
be very intense.”

Atkins, who set the pace for
the male sprinters when he ran
9.91 last year, said he’s very
happy to see his hopeful relay
team-mates running as fast as
they are right now.

“TI just felt that they should
have been running faster a lit-
tle while back and not just
waiting on crunch time,”
‘Atkins stressed. “But it’s better
to get it slowly than not to get
it at all.” |

While he headed off to
Europe yesterday to compete
in about three meets, Atkins
said he hopes that eventually
the sprinters can come togeth-
er and run a fast time to make
the top 16 qualifiers for the
Olympics.

Two locally-based sprinters,
who are heading off to Clear-
mount on June to join Green
and Gfiffith, are Jamaal Forbes

and Lavardo Smith. They are
training with coach Fritz
Grant.

Forbes, who is coming off a
hamstring injury, congratulated
both Griffith and Green for
their performances over the
weekend and indicated that
he’s eager to compete with

them next month.

Training

“My training has been going
good. Right now, I feel I’m in
shape to run 10.3-10.2 as well,”
Forbes noted. “I just need to
continue to work on one or
two things and I will be right
there with them.”.

Another competitor who
had hoped to be in the mix was
Ravanno Ferguson. But dur-
ing a recent meet here, he suf-
fered an injury that turned out
to be worse than first antici-
pated.

In addition to his hamsiring,
Ferguson also sustained a hip
injury and he is to undergo
surgery in Miami. He’s cur-
rently wearing a cast on his leg
that should be removed on
June 19.

But he’s not expected to be

‘back in training until October.

“T’m really disappointed that
I won’t be able to compete
with them,” Ferguson pro-
claimed. “I’m pretty pleased
with their performances.
Hopefully they can qualify for
the Olympics.”

Sasha Rolle said she is also
hoping to qualify for the
Olympics. She will have to run
the A standard of 51.50 if she
intends to join defending
champion Tonique Williams-
Darling and Christine Amertil.

“Tt’s not my best, but it’s still
pretty decent,” said Rolle of
her 53.94 over the weekend.
“I’m working at 80 per cent
because I still have some things
I’m working on.

“This year, I’m feeling much
better and stronger, so my goal
is to qualify (for the Olympics).
I hope to run in at least two
more meets before the nation-
als, so hopefully I can bring my
times down.”

Rolle will return to the Uni-
versity of Arkansas where she
will continue her training with
Bahamian coach Rolando
Greene.

A

ABACO’S Special Olympians look like twins, but
Myron Sawyer (left) and Eric Sawyer are not related.
They competed in track and field.



LONG Island’s Andrew Turnquest and Grand
* Bahama’s Mary-Ann Russell run the final leg of the |
Torch Relay. In the background is Inspector Julian
Bitler, who organised the Royal Bahamas Police
Force, who carried the torch on the run.

Bahamas Rotary



May 31 - June 1, 2008

Register at www.bahamasrotaryfishing.com

econd Shimano 50W Tiagra
Third
Heaviest Dolphin 4-stroke Yamaha 100CC Jog Scooter

Second Shimano 50W Tiagra
Third Shimano 30W Tiagra

Heaviest Wahoo 4-stroke Yamaha 100CC Jog Scooter
Second Shimano 50W Tiagra
Third Shimano 30W Tiagra

Junior Angler Shimano spinning combo j
Female Angler Shimano spinning combo
GRAND SLAM 4-stroke Yamaha 100CC Jog Scooter

The combined weight of the heaviest Tuna, Dolphin and Wahoo. If none of the boats get
a grand slam, we will raffle the Yamaha Scooter at the awards ceremony.

233 i































TRACK:
McKINNEY IN EUROPE



' THROUGH his sponsor Stichting Olympisch Vuur, quar-
ter-miler Nathaniel McKinney has secured a sponsorship to
travel to Europe to train and compete before the BAAA’s |.
Scotia Bank National Open Track and Field Championships |**
next month.

McKinney, who has run on the men’s 4 x 400 relay team, but
hopes to qualify for the 400, left for the Netherlands on May
20. He was expected to compete in his first meet on May 24.
The next meet on the schedule is May 31.



TRACK:
STURRUP/FERGUSON-McKENZIE CLASH



ON Saturday, sprinters Chandra Sturrup and Debbie Fer-
guson-McKenzie competed in the 100 metres at the FBK
Games in Hengelo.

While Kim Gevaert won the race in 11.25 seconds, Sturrup
clocked 11.27 for second and Ferguson-McKenzie was fifth in
11.34.

It was the first head-to- head meeting between the two
sprinters this year.

a i Se




TRACK:
SANDS AND AMERTIL IN BRAZIL



’ AT the Brazilian Grand Prix meeting on Sunday, Leevan
‘Superman’ Sands finished third in the men’s triple, while
Christine Amertil was second in the 200 metres.

Sands cleared 56ft 33 3/4ins for his third place on his sixth |;
and final jump. Cuban David Girat won the event with 56-8 1/4
on his second jump. Brazilian Jadel GreeoHO took second with
56-8 on his last attempt.

Armertil, on the other hand, ran 23.42 seeds for her sec-
ond place. The race was won by American Debbie Dunn in
22.90.



BASEBALL
CHAMPIONS DECIDED

FREEDOM Farm Baseball League continued on Saturday
with the following results posted:

TEE BALL ;

The Sea Dogs won 13-10 over the Raptors to win the title in
two straight games.

COACH PITCH

‘The Angels nipped the Bluejays 10-9 to take a 1-0 lead in-
their series. Game two is scheduled for Wednesday at 5pm.

MINOR LEAGUE

The Mets held off the Red Sox in eight innings to secure a
2-0 series win to clinch the title.

MAJOR LEAGUE ye
The Indians took a 1-0 lead in their series with a 9-7 decision
over the Marlins. Game two will be played on Wednesday at ||’

Spm.
rTUNIOR LEAGUE
The Cardinals routed the Nationals 17-9 to take a 1-0 lead
in their series. Game two will be played on Wednesday at Spm. |’
SENIOR LEAGUE
.. The Tigers blanked the Orioles 5-0 to take a 1-0 lead in their ‘|’
series,;Game two, will be played.on Thursday at Spm.




















tie






OFFSHORE CHAMPIONSHIP






Shimano 30W Tiagra




4


PAGE 14, TUESDAY, MAY 27, 2008





TUESDAY EVENING

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MAY 27, 2008





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THE TRIBUNE



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some smiles on your — .

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by
be
hy



3 Bring your children to the
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from 3:30pm to 4:30pm during the
month of May 2008. —

En joy Great Food, Prizes and Lots of Fun. f



i'm lovin’ it
THE TRIBUNE TUESDAY, MAY 27, 2008, PAGE 15

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~ PAGE 16, TUESDAY, MAY 27, 2008

‘

THE TRIBUNE



INTERNATIONAL NEWS



China fights flood threat

@ By AUDRA ANG
ANXIAN, CHINA

China grappled with backed-

up rivers and reservoirs in dan-
ger. of collapse, along with
looming storms that threatened
Monday to compound damage
from the country’s worst earth-
- quake in three decades, accord-
ing to the Associated Press.
. Two weeks after the magni-
tude 7.9 earthquake centered
in Sichuan province, the con-
firmed death toll rose to 65,080
With 23,150 people still missing,
the Cabinet said. The govern-
ment has said the final number
of dead is expected to exceed
80,000.

Many of the disaster victims
were children, prompting offi-
cials to clarify the country’s
strict one-child policy guide-
lines.

The Chengdu Population and
Family Planning Committee in
the capital of Sichuan province
said Monday that families
whose children was killed,
severely injured or disabled in
the quake can get a certificate
to have another child.

Chen Xueyun’s 8-year-old

son, Weixi, was killed when the .

family’s apartment ‘in
Qingchuan collapsed. Chen said
he searched three days before
finding the boy’s body. He
wears his son’s blue plastic
watch asareminder.

Monday’s announcement
could offer some parents some
hope, Chen said, after their grief
subsides.

“If they are still sad and
depressed, it’s impossible to talk
about another baby,” he said.

-“But in the future, it could be
quite helpful for them.”

On Monday, 1,800 soldiers
arrived on foot at the new
Tangjiashan lake in Beichuan
county to fight the flood risk,
each carrying 22 pounds of
explosives to blast through the
debris, the official Xinhua News
Agency said.

The lake is 2 miles upstream
from the center of Beichuan

county. Thousands of people _

who remained there after the
initial earthquake have been
evacuated in recent days as a
precaution.

With weather clearing that
had prevented helicopter flights,
heavy equipment was also lifted
in the area to help remove
debris, state media reported.

But thunderstorms were fore-
cast for parts of Sichuan later
Monday and Tuesday, the Chi-
na Meteorological Administra-
tion said, adding they “could
’ increase the risks posed by riv-
er blockages in some quake-hit
areas.”

The rains were likely to put
more pressure on dams and
reservoirs weakened by the

_ 70 percent of the 2 feet of rain

Danger of backed-up rivers and collapsing
reservoirs in wake of deadly earthquake

IN THIS PHOTO weledsad by China's official Xinhua News Agency, shown I is the cal lakes jonmiel afler the a May 12 arbauaket in Beichuan Coun-





Xinhua, Wang Jianmin/AP Photo

ty, southwest China's Sichuan Province Thursday, May 22, 2008. Earlier Sunday, May 25, the Cabinet said the confirmed death toll from the quake
rose to 62,664 with another 23,775 people missing. Premier Wen Jiabao has said the number of dead could surpass 80,000. Millions have been left
homeless, and some are now at risk of being inundated by floods from new lakes created when landslides from the quake and aftershocks dammed

rivers.

quake. The storms herald the
start of the summer rainy sea-
son that accounts for more than

that falls on the area each year.

The backed-up lake is one of
several dozen in Sichuan.

In An country, about 30 miles
to the south of Beichuan, a
landslide blocked the Chaping
river, submerging one eGn
village:

Residents say the lake has
been rising by about 7 1/2 feet a
day.

“The water was covering the
road, and two days later I could
not see the roof of my house
anymore,” said Liu Zhongfu,
31, a truck driver who built his
two-story wooden house him-
self, standing on a mountain
overlooking the new lake. A
sofa and bits of wood that were

seen floating among the debris
in the milky green water.
Liu.was working away from
home when the earthquake hit.
His wife, 3-month-old daughter

and 60-year-old mother all were
unhurt.

“T thought I could go back
but I have nothing now. My vil-



REFUGEES wait to be evacuated in earthquake-hit Qingchuan county in
southwest China's Sichuan province Sunday May 25, 2008. Hundreds were
being evacuated because of the risk of flooding from a backed up reser-
voir in the area. Elsewhere in Sichuan Chinese soldiers set to work Mon-
day trying to unblock a debris-clogged river threatening to flood homeless
survivors from the earthquake that ravaged Sichuan province two weeks
once part of houses could be ago.

lage, it’s all become a sea,” he
said. Water there was backed
up 2 miles along the river, said
Wang Li, county Communist

Party secretary. “We need to

- . take care of this soon, this is a

serious situation,” he said.

Elsewhere, 600 people were
voluntarily evacuated from
Guanzhuang in Qingchuan
county because of landslide
wotries.

“There’s no danger for this
exact moment from flooding
but we are very worried because
the whole mountain is loose,”
said Ma Jian, a local official.

Problems with dams and
reservoirs from the earthquake
and its aftershocks also have
been reported in other
provinces.

The Water Resources Min-
istry said Monday that three
small reservoirs in Shaanxi
province, just north of Sichuan,
were in danger of collapse after
the strong aftershock Sunday.
A total 2,383 reservoirs were in
danger across the country, the
ministry said.

China’s top Communist Party
leaders said relief efforts should
now focus more on resettlement

+

and post-quake reconstruction,
but that work to find survivors
should not stop.

The shift was announced at
a meeting of the Political
Bureau of the Communist Par-
ty of China’s Central Commit-
tee presided over by President
Hu Jintao, Xinhua reported.

Meanwhile, the Education
Ministry said it would investi-
gate whether flawed school con-
struction contributed to col-
lapses.

“We will punish those who
cut corners during school build-
ing construction and will have
zero tolerance for corruption
and shoddy school projects,”
spokesman Wang Xuming said
in Beijing.

In Mianzhu city, the Com-
munist Party secretary pleaded
with protesting parents —
whose children were killed in a
school collapse — not to co
plain to higher authorities, the
Southern Metropolis day]
newspaper reported Monday.

Despite Jiang Guohua’ §
pleas, the parents of the 127,

children who died kept march:

ing Sunday and eventually met!
with higher officials, who tol
them the government would
investigate. i
The march was the latest

example of growing angey

among Chinese about the
quake, especially the fact that

. nearly 7,000 schoolrooms were)
- destroyed while school was A |

session. Parents at severa

schools have held protests, defy
ing the government’s general
disapproval of such demonstraz
tions. 4

A photograph on the news
paper’s Web site shows Jian
on his knees, his arms out?
stretched in vain. i

“Please trust that th e
Mianzhu party committee ca
solve this problem,” he bane
the parents. “Don’t go!”

But the parents marched o
carrying photos of their ‘i
dren.

“We have no more tears,’
one mother told the newspapet 4

Also Monday, Xinhua report;
ed that one of the two pandas
still missing after the earth-

- quake had been found.

The panda was recovered
earlier in the day, but there
were no immediate details given
on its condition.

The pandas had been miss-
ing from the famed Wolong
panda reserve, located near the
epicenter in central Sichuan
province. The center suffered
heavy damage from the quake

and five staff members were

killed.



Associated Press Writer Cara
Anna in Beijing contributed to
this report.





COLOMBIA'S Defence Minister
Juan Manuel Santos’speaks at a
press conference regarding the
announcement of Manuel Maru-
landa's death made by the Revolu-
tionary Armed Force of Colombia
(FARC) in Bogota, on Sunday.

Legendary Colombian rebel dies in jungle of heart attack

i By FRANK BAJAK
BOGOTA, COLOMBIA _

Manuel “Sureshot” Marulanda, a
peasant’s son who built Latin America’s
mightiest guerrilla army but failed in a
half century of struggle to trigger a com-
munist revolution in Colombia, is dead,
according to the Associated Press. He
was believed to be 78.

The “comandante maximo” of the left-
ist Revolutionary Armed Forces of
Colombia, or FARC, died March 26 of a
heart attack, senior rebel leader Timo-
leon Jimenez said in a video broadcast
Sunday. He did not specify where Maru-
landa died, though military officials say
his death coincided with bombings in

southern jungles where he was believed |

to be holed up. A leathery-faced man
with piercing eyes and a sixth-grade edu-
cation, Marulanda was the world’s
longest-fighting rebel leader, the arche-
typal product of Colombia’s bloody mod-
ern times.

He took up arms in his late teens and
spent his entire adult life organizing resis-
tance to governments he considered cor-
rupt.

Famously reclusive and paranoid,
Marulanda was never known to have
gone abroad or even visited Bogota,
Colombia’s capital.

Jimenez said Marulanda’s death fol-
lowed a short illness whose nature he
did not describe. The guerrilla leader
spent his last moments “in the arms of
his companion, surrounded by body-

tet

4

SL

It’s waaaay better than fast food.
It’s Wendy’s.

guards,” Jimenez said. Marulanda
fathered at least seven children but is
not known to have married.

The FARC has suffered a series of
setbacks in recent months, including the
killings of two other members of its sev-
en-man ruling Secretariat.

Born Pedro Antonio Marin, Maru-

Janda took his nom-de-guerre from a

labor leader beaten to death in the 1950s
in a secret police dungeon. A master
strategist, he earned his nickname
“Tirofijo,” or “Sureshot,” for his skill
ambushing army patrols.

Unlike other Latin American guerril-
la movements, his survived as the Soviet
Union collapsed and Cuba’s military
influence shrank. Colombia’s lucrative

drug trade was the enabling engine. In

March 2006, the U.S. Justice Depart-
ment indicted 50 FARC leaders on
cocaine trafficking charges and offered a
US$5 million reward for Marulanda.

Marulanda’s story personifies the
political violence that has plagued
Colombia since the late 1940s. A
farmer’s son born in the small south-
western coffee town of Genova, Maru-
landa took up arms in 1949 after Con-
servative Party henchmen began slaugh-
tering supporters of the peasant-backed
Liberal Party. “The violence came after
me like a shadow, from one town to the
other,” Marulanda told biographer
Arturo Alape. Over a decade, at least
200,000 people died in political blood-
letting that became known as “La Vio-
lencia.”






rule

Insurers ‘in a quandry’
on rising boat thefts

@ By NEIL HARTNELL
Tribune Business Editor

Boat owners set
to face increased
premiums and
deductibles, with
some Carriers

BOAT owners whose ves-
sels are of the type heavily
targeted by thieves could find
it increasingly difficult to
obtain insurance in 2008, or
at least be faced with
increased premiums and

sedi a Babin turning down tisk
rismg marine theft claims. if OWNer places
mit Insurance's general man. 0 Other business
ieereasing levels of boat With them

thefts over the past 12-18
months had left his company
in a position where it would
only insure “high-risk” ves-
sels if their owner placed oth-
er insurance business with the
carrier. ;

_ The favourite theft targets
were high-powered boats,
valued at between $125,000
and $300,000, which had a
couple of outboard engines -
usually Yahama make - of
between 250-300 horse power
capacity.

Recalling how one such
vessel “disappeared” within
a week or two of Summit
insuring it last year, Mr Ingra-
ham said: “At the moment,
if you come to us to insure
one of these boats, and
there’s nothing else with us,
we will not be too keen to do~
it.”

He added that providing

insurance coverage for such
high-powered vessels had
almost become “an accom-
modation type business” for
Summit Insurance, the carri-
er only prepared to under-
write the risk if the owner
had existing business with it,
because “there’s such a high
risk it’s going to be stolen”.
Mr Ingraham said the
Bahamian insurance industry
‘suspected that the majority
of these high-powered craft
were stolen for use in drug
and human smuggling runs.
Increasing premium rates
was another option carriers
such as Summit were looking
at, Mr Ingraham said, telling
The Tribune: “We’re looking

SEE page 3B

Insurer beats underwriting
profit target by some 68%

@ By NEIL HARTNELL
Tribune Business Editor

allowing all insurers to gen-
erate profits that further
strengthened balance sheets.

This point was emphasised
in the chairman’s report by
Hugh Sands, who added:
“ICB needs to post a healthy
level of profit during hurri-
cane-free years in order to be
able to provide an adequate
return, over time, to both
reinsurers and shareholders.” : |

That was not a problem in
the 12 months to December
31, 2007, as underwriting
profits rose by 18.5 per cent
to $1.878 million, compared
to $1.585 million the year
before. Net income rose by
49.9 per cent to $4.127 mil-
lion, compared to $2.753 mil-
lion in 2006, Mr Duff stating
that ICB “set new records in
three important areas.”

These were gross written
premiums in excess of $50
million, a 3.7 per cent
increase upon the previous
year’s $49.924 million; net
profits; and net shareholders’ ©
equity of more than $15 mil-
lion.

INSURANCE Company
of the Bahamas (ICB), the
tied carrier through which J.
S. Johnson places much of its
general business, beat its pro-
jected 2007 underwriting
profits by 68 per cent on its
way to generating record:
annual profits.of $4.127 mil-
lion.

Tom Duff, ICB’s general
manager, writing in the com-
pany’s annual report, said:
“Our total underwriting prof-
it of $1.8 million was 68 per
cent better than budget.

“This better-than-expect-
ed performance was largely
due to the motor account,
where claims experience con-
tinued at an unusually low
level for the second year ina
row.”

Mr Duff said ICB, and
indeed the entire Bahamian
general insurance industry,
benefited in 2007 from a sec-
ond year during which major
hurricanes were absent,

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8



ROYAL BFIDELITY



Money at Work

NASSAU OFFICE

(242) 356-9801

FREEPORT OFFICE

(242) 351-3010

$300m liquidity to.

@ By NEIL HARTNELL
Tribune Business Editor

ank : of the

Bahamas Inter-

national is hop-

ing to conclude

formal alliances

with two Trinidad-headquar-
tered banks by the time its
financial year ends on June 30,
its managing director telling
The Tribune that Bahamian
interest rate margins are likely
to ease later in 2008 with sys-
tem liquidity standing at a:

“comfortable” $300 million. -
Paul McWeeney said the lat-
est Central Bank of the
Bahamas data, supplied to the
Clearing Banks Association
(CBA) for its meeting last -
week, showed that commercial
banking liquidity - the amount
of surplus assets available for

. onward lending purposes - had

reached $300 million.

Services offer protects most
sensitive areas from Europe

@ By NEIL HARTNELL
Tribune Business Editor

THE Bahamas will not allow
European firms entrance to

sensitive industries such as. :-

retail and wholesale by estab-
lishing a commercial, presence:
in this nation, its services offer
under the Economic Partner-
ship Agreement (EPA) fol-
lowing the existing National
Investment Policy “with some.
adjustments”.

A comparison between the
Bahamas’ services offer for the
EPA, which is due to be sub-
mitted to the CARICOM
Regional Negotiating Machin-
ery (CRNM) for assessment by
month’s end, and those sub-
mitted by other Caribbean

How do you attract and retain

- Superior perfor

aid interest margins

Bank of the Bahamas hoping to conclude alliances with
two Trinidad banks by fiscal year-end on June 30

: Paul ACen

nations, reveals that the Gov-
ernment appears to have incor-
porated recommendations by
various sector professionals
when making its commitments.
A government document
comparing the Bahamas’ ser-
vices offer on Mode 3, which
is the supply mode allowing
European firms to establish a
commercial presence (sub-
sidiaries ‘or branches) in this
nation, and vice versa, shows
that on engineering services
this nation is ‘unbound’ - mean-
ing that this sector is off-limits
to European firms - for 10
years following the EPA’s sign-
ing.
This position mirrors the rec-
ommendation put forward by
industry groups such as the



In addition, the nation’s for-
eign exchange reserves now
stood at around $800 million,
having been boosted by gov-

_ ernment borrowing in foreign

currency. This included the
completed $100 million bond
issue, plus the $100 million loan

. Inter-American Development

Bank (IDB) loan approved for
the New Providence Road
Improvement Project.

_ Mr McWeeney yesterday
told The Tribune that the
impact from these increases in
banking system liquidity and
the external reserves would
ultimately lead to a softening of
deposit rates, which had been
relatively high in.2007 as banks

Bahamas Society of Engineers,
which had urged that the
Bahamian profession be pro-
tected for 10 years.

Under the Bahamas’ EPA
services offer, no European
engineering firms will be
allowed to establish sub-
sidiaries in this nation until

- 2018, although they will be

allowed to joint venture with
Bahamian companies until that
time.

_In contrast, nations such as
Antigua, Suriname, Dominica,
Grenada and Guyana have
imposed no restrictions on
European engineering firms
establishing themselves in their

SEE page 4B

competed to attract scarce
deposits. .
In. turn, this would aid
Bahamian commercial banks’
interest rate spreads and inter-
est margins, likely leading to
risé in net interest income.
While deposit rates are linked
to money supply, Bahamian
commercial bank lending rates
are tied to Bahamian Prime,
which is unaffected by any
changes in liquidity and exter-
nal reserves levels.
Describing the “softening of
interest rates”, Mr McWeeney
said: “The interest rate spreads

SEE page 5B

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PAGE 2B, TUESDAY, MAY 27, 2008

CREDIT SUISSE

Credit Suisse Group, Bahamas
Graduate Training Program |

Credit Suisse Group, Bahamas has operated an Apprenticeship Training
Programme in The Bahamas since the early 1990’s. Credit Suisse Group, Bahamas
is now pleased to announce the launch of its Graduate Training Programme, with
the first intake intended for July 1%, 2008. Full details andan application form can
be obtained from: Pe

_The Graduate Training Program Administrator
Credit Suisse, Nassau Branch
The Bahamas Financial Centre, 4‘ Floor
Shirley & Charlotte Streets
P.O. Box N-4928
Nassau, Bahamas

Fax No.: 242-356-8148
ion s should

returned NO LATER THAN JUNE 9, 2
AIM |

Credit Suisse Group, Bahamas is committed to identifying and developing the

best young talent in The Bahamas. Credit Suisse Group, Bahamas is offering:
one (1) year Graduate Training Contracts to College of The Bahamas graduates
or graduates returning to The Bahamas from accredited colleges abroad.

The program will accommodate three (3) graduates. Successful applicants will be
awarded a one year contract of employment during which time the graduates will
rotate between or within different business units or departments of Credit Suisse
Group entities. Permanent employment opportunities will be evaluated at the end
of this period. es eo

CONDITIONS —

1. The candidate is required to have a Bachelors Degree inone ofthe | —
following or suitably similar disciplines: .

oe

* Banking and Finance ~

« Engineering

+ Mathematics

* Finance :

* Economics. ~

* Economics & Finance ©

« Management

« Accounting :
* Computer Information Systems

2. The candidate must have graduated with a minimum grade point average of

3. The candidate cannot be an immediate family member of a person employed
at the Bank. ;

BENEFITS : :
Competitive Salary; Health and Life Insurance



NOTICE
Red Cross Appoints Senior Administrator

The Bahamas Red Cross is pleased to announce the appointment of
Miss Kim Sawyer as Senior Administrator of the Society.

Miss Sawyer an Assistant Director at the Department of Social
Services of the Ministry of Health and Social Development has been
seconded to the Society by The Bahamas Government for a period
of eighteen months.

Miss Sawyer brings a wealth of knowledge in the areas of Social
Services, disaster management, emergency. relief and assistance
programmes.

BUSINESS

THE TRIBUNE





Is a ‘Dynasty’
in the making?

IN my first article of 2008, I
wrote about the US presiden-
tial nomination process. I also
commented on how the Amer-
ican press has been riveted on
the US presidential primary
process. This obsession with
the US presidential nomina-
tion process has been infec-
tious, even here in the
Bahamas. In my adult lifetime,
I have never experienced such
interest in any political race.

_ Republicans

Shortly after my initial article
four months ago, the republi-
can nomination was secured by
Senator John McCain. The
Arizona senator is currently
awaiting the Republican Party
Convention, scheduled for Sep-
tember 1-4, 2008, in St Paul,
Minnesota, for the formal nom-
ination as its presidential can-
didate.

Democrats

On the Democratic party:
side, barring some major
implosion or catastrophe, it is
very likely'that Senator Barack
Obama will be the nominee as,
according to most sources, it
seems mathematically impos-
sible for his opponent, Senator
Hillary Clinton, to overtake
him in pledged and ‘super del-
egates’.

Notwithstanding the ‘reality

of the maths’, Senator Clinton

“has vowed to continue to con-
test every remaining primary

and make her final case for the
nomination at:the Democratic
Convention to be held on

August 25-28, 2008, in Denver,
Colorado. ‘ oe

mt

Financial
Focus



Historical importance
' The Democratic Party is on
the cusp of history, because if
Senator Obama receives the
nomination he will be the first
black presidential candidate. If
Senator Clinton receives the
nomination, she will become

the first female presidential -

candidate. What is most para-
doxical about this situation ‘is
that in order to achieve a first,
the US has had ta come to

-grips with some deep-rooted

issues that it has always found
more expedient to defer.
Race, gender and age will be
thrust before the American
electorate in their most
poignant manifestation since
the founding of the country.
How America responds will be
most telling, and will shape the
American consciousness for

‘many years to come.

Dangers of Political —

Dynasties

An interesting dimension
surrounding the possibility of
a second Clinton administra-
tion is summed up in an article
written by Hendrick Hertzberg,
entitled Dynastic Voyage,
which appeared in the New
Yorker Magazine on October
29, 2007... sepia spe

He wrote: “Shortly after
Hillary Rodham Clinton
declared her candidacy for

NOTICE

president last winter, Roger
Cohen, writing in the Jnterna-
tional Herald Tribune, declared
that ‘a delicate problem con-
fronts her that few people are
talking about: almost. two
decades of dynastic domina-
tion of American politics’.
Well, they’re talking about it
now.

. ‘Forty per cent of Ameri-
cans have never lived when
there wasn’t a Bush or a Clin-
ton in the White House,’ a
recent Associated Press story,
by Nancy Benac, begins. ‘Talk
of Bush-Clinton fatigue is
increasingly cropping up in the
national political debate,’
Benac goes on. ‘If Hillary Clin-
ton were to be elected and re-
elected, the nation could go 28
years in a row with the same
two families governing the
country. Add the elder Bush’s
terms as vice-president, and
that would be 36 years straight
with a Bush or Clinton in the
White House.’ And a cover sto-
ry in The Economist a couple
of weeks ago, while noting that.’
a woman President ‘would
undoubtedly be a good thing
for the country’ adds, omi-
nously, ‘But there is a down-
side: dynasty.””

Close Presidential relatives
_ Abraham Lincoln said that
democracy is a government "of
the people, by the people, and

for the people”. So if a person

is elected ina free, fair and

transparent election, should we

be concerned ‘about dynasties?

SEE page 4B

... ToAll Doctors Hospital Health System —

Bea Pape La

SHAREHOLDERS

The Board of Directors of Doctors Hospital Health System reports below summary financial results for
the year ended January 31, 2008, The complete set of financial statements will be contained in the

Company’s annual.report and posted on our website at wvew.doctorshosp.com

Consolidated Statement of Income

(Expressed in thousands of Bahamian dollars)

Revenues
Patient service revenue, net
Other revenue
Total revenues —

Expenses
Salaries and benefits
Medical supplies and services
Depreciation and amortization:
Bad debt expense, net of recoveries
Other operating
Utilities ;
Government taxes and fees
Outside services
Insurance
Repairs and maintenance
Rent
Dietary expenses
Legal expenses
Total expenses ,

Income before interest.
Interest expense

NET INCOME

Earnings per common share:
Basic and fully diluted

. Selected Balance Sheet Data

(Expressed in thousands of Bahamian dollars)

oe 909g

Year ended January 31,
2008

7 2007

38,098
982
39,080

14306
9,393
2.202

36,012
3,068

(738)

January 31,
2007

Cash and cash equivalents $ 6,630 $ 1,988

Accounts receivable— patients, net 1,270 1378

~ Accounts receivable—third party payors, net 4,787 5,094
Total current assets 14,582 15,477

Property, plant and equipment 8,920 9,359
Total assets 31,255 29,019

Total current liabilities 4,385 9115

Total non-current liabilities 7,066 3,302
Total liabilities 11,450 12,417.

Total shareholders’ equity 19,805 16,601

She succeeds Mrs. Marina Glinton who recently retired, after
serving the Society for 35 years.

7


THE TRIBUNE



Grand Bahama misses
$3.76m spending boost

@ By NEIL HARTNELL
Tribune Business Editor

GRAND
Bahama is
missing out on
a $3.76 million }
economic
boost because
the average |g
per capita
spend by
cruise visitors
is some $42.50 |
below’ the
regional Caribbean average,
the minister of tourism warned.

Addressing the Grand
Bahama tourism industry at the
island’s cruise ship facility last
week, an event staged to herald
Norwegian Cruise Line’s deci-
sion to place.a ship on a
Bahamas itinerary, Neko Grant
acknowledged
Bahamas had “work to do” to
increase earnings from cruise
tourism.

To illustrate the issues fac-
ing the Bahamian cruise
tourism sector, he said the aver-
age regional per capita cruise
passenger spend stood at $100,
compared to $57.70 per pas-
senger in the Bahamas.

Mr Grant said: “Note that
the average passenger spend in
the region is $100 per person,
compared with $57.50 per pas-
senger here. That’s a difference
of $42.50 per passenger or
some $3.76 million we are leav-



that the’

Island’s cruise visitor per capita spend
$42.50 below Caribbean average, with

onboard purchases of Grand Bahama tours:

behind New Providence and the region

ing on the table. That’s the kind
of money we are talking about.
“If we were to increase pas-

‘ senger spend on shore from

$57.50 per person on average to
$100 per person, the regional
average, total spend on Grand
Bahama would jump from
$5.09 million to $8.86 million
over the July 2008 to Decem-
ber 2009 period.

“On Grand Bahama Island
we continue to allow passen-
gers to leave with money in
their pockets that they want to
spend with us.”

Mr:Grant said there was
“much room for growth” in the
provision of tours and excur-
sions for cruise tourists in
Grand Bahama, noting how far
the island lagged both New
Providence and the rest of the
Caribbean when it came to
enticing passengers to leave
their vessels while in port.

“Our research shows that
approximately 25 to 26 per cent

of Norwegian Cruise Line’s

Grand Bahama passengers
actually purchase onshore

tours, compared to.36 per cent
in New Providence. In Orlan-
do, Florida, some 50 to 60 per
cent of the cruisé passengers
pre-purchase tours on board,”
Mr Grant said.

He added that of the 40 des-
tination tours and onshore
excursions currently offered on
Grand Bahama, only 22 were
sold in advance to passengers
onboard the arriving cruise ves-
sels.

Mr Grant said the Ministry
of Tourism continued to work
on providing authentic
Bahamian experiences for vis-
itors through so-called ‘Com-
munity Tourism’, with the first
five such attractions on Grand
Bahama set to be implemented
in July in the settlements of
Lewis Yard, Pinder’s Point,

- Hawksbill Creek, Eight Mile

Rock and Holmes Rock.
“This is what Community
Tourism must be about, allow-
ing our visitors to experience
first hand the historic, cultural
and interesting attractions
where they exist in the heart

of our settlements and com-
munities,” Mr Grant added.
“Increasing passenger. spend
will only happen if we do our
jobs well. This includes the

“need to provide more authentic

Bahamian experiences ,as well
as a critical requirement for
improved service standards in
our resorts, our restaurants, our
shops, our taxis and our bus
systems.”

On the Norwegian Cruise
Line side, Mr Grant said the
1900 passenger Norwegian Sky
would make three and four-day
cruises to the Bahamas, calling
twice-weekly on Nassau and
Great Sturrup Cay, and once
per week on Grand Bahama.

The Norwegian Sky is set to
call on Grand Bahama 42 times
over the next year, and 21
times by year-end 2008, deliv-
ering 39,900 passengers.

Mr Grant also praised the
$6.5 million investment at the
Pelican Bay resort, which
includes a breakfast restaurant,
function/meeting rooms, offices
and store rooms on five floors.



| Tel.: 393-4996 / 359-3850

Insurers ‘in a quandry’ on rising boat thefts

FROM page 1B

at requiring increased measures for boats
that appear to be targeted.

“For the past year to 18 months, it has
been a significant problem. When you tie
it in to normal marine losses, it really is a

drain on the marine account. We don’t ©

make a huge amount of money from
marine insurance. .,..

_ “I think people will find that insurers |

will require increasing security measures

put on these boats.”
Tom Duff, Insurance Company of the

Bahamas (ICB) general manager, admit- 7

ted to The Tribune that the Bahamian

, general insurance industry was “in a bit of

a quandry” as to how to combat rising
levels of boat thefts, adding that the issue
was “certainly a concern”.

Mr Duff said: “It is a continuing prob-
lem for the industry. I would imagine any
of the uriderwriters writing marine hull
business will pick up a significant share

of marine losses. j

“Right now, the industry is in a bit of a
quandry as to what can be done at an
industry level. It does seem a significant
issue, and certainly has an impact.”

The ICB general, manager said thefts
could occur from anywhere in the
Bahamas, including Lyford Cay, Nassau

- Yacht Club or private docks and jetties,

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NOTICE |

IN THE ESTATE OF JOAN ENICE ALBURY late of the
City of Nassau on the Island of New Providence on of
the Islands of The Commonwealth of The Bahamas,
deceased.

NOTICE is hereby given that all person having any claim
or demand against the above Estate are required to send
the same duly certified in writing to the Undersigned on
or before the 13th day of June, A.D., 2008, after which
date the Executors will. proceed to distribute the assets
having regard only to the claims of which they shall than
have had notice:

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

LEANDRA A. ESFAKIS
Attorney for the Executors
Chambers
P.O. Box SS-19269

No. 16 Market Street
Nassau, New Providence
The Bahamas



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PAGE 4B, TUESDAY, MAY 27, 2008

THE TRIBUNE



RE a ee a ENE as
Services offer protects most sensitive areas from Europe

FROM page 1B

countries from the date the
EPA is formally signed, which
looks like July 2008.

And when it’comes to
accounting, auditing and book-
keeping services, the Bahamas
will also be ‘unbound’ - mean-
ing it has made no commit-
ment to open the sector up to

European firms at all - in rela-
tion to “accounting and audit-
ing of Bahamian entities”.
The Bahamas Institute of
Chartered Accountants
(BICA) had been concerned
that the EPA services offer
could erode financial services
regulation in the Bahamas and

_ the industry’s to self-regulate if

European accountants were

NOTICE

IN THE ESTATE. OF CAPTAIN AUDLEY

AUSWELL .PATRICK RUSSELL

late of

FREEPORT, GRAND BAHAMA one of the
Islands of the Commonwealth of The Bahamas:

Geccaseds

Notice s hereby given that all persons having
any claim or demand against the above Estate are

required to send their names,

addresses and

particulars to the same certified in writing to the
undersigned on or before the 14th of July, C.E.,
2008 and if required, to prove such debts or claims,
or in default be excluded from any distribution; after
the above date the assets will be distributed having

regard only to the proved debts or claims of

which the

Executors. shall have had _ notice.

And Notice is hereby given that all persons
indebted to the said Estate are requested to make
full settlement on or before the aforementioned date:

Dated the 23rd day of May, C.E., 2008

MCDONALD & CO
Attorneys for the Executors
Chambers
Lex House, Settler’s Way
Freeport, Grand Bahama, Bahamas



allowed to come ‘in and out’
of this nation, signing-off and
giving audit opinions on
Bahamas-domiciled entities.

Apart from difficulties in
reaching overseas auditors if
there was a problem, BICA
pointed out that allowing
European accountants to per-
form attestation services also
conflicted with the Public
Accountants Act 1991. This
states that only BICA licensees
are allowed to perform such
audits.

The Bahamas, while pro-
tecting the accounting and

- auditing of Bahamas-domiciled

entities for Bahamian account-
ing firms only under the EPA,
will open up these services for
foreign-domiciled entities.
This nation’s EPA services
offer, at least when it comes
to accounting, is far more
restrictive - at least when it

DYNASTY, from 2B

My research has revealed
that there have been two
father-son presidents: namely

John Adams (1797-1801) and’

John Quincy Adams (1825-
1829), and George Bush (1989-
1993) and George W Bush
(2001-present); and one grand-
father/grandson combination
in William Henry Harrison
(1841, died after one month)

and Benjamin Harrison (1889- .

1893). In all cases above, these
close relatives were not of the
same generation.

While many countries have
had female presidents or prime
ministers, it is not common for
countries to have both a hus-
band and wife serve as leader.
One notable exception is
Argentina, which has had both
the Perons (Juan and Isabelita)

A multi faceted cornmanicn Gone! consulting company that is
currently undergoing market expansion wishes to employ:
experienced commission sales executive. The-ideal person
would have a‘minimum of threé'years in commission sales;
have their own private vehicle. We are looking for excellent
_ communicators that are driven. Candidates must have computer
skills and be able prepare public presentations on behalf of

companies clients.

A degree in marketing or business is preferred but not a must.

Persons interested should submit CV’s and reference letters to:

by May 31, 2008.

DA#6282
P.O. Box N-3207
Nassau, Bahamas



comes to Mode 3 commercial
presence - on auditing’ and
accounting than other
Caribbean nations, the likes of
Barbados, Dominica, Jamaica
and Trinidad & Tobago having
opened their borders to Euro-
pean accounting firms.

Like engineering services,
other Bahamian industries
where European firms will not
be allowed to form a commer-
cial presence until 2018 (for
the first 10 years of the agree-
ment), apart from joint ven-
tures with Bahamian compa-
nies, include architectural ser-
vices, urban planning and land-
scaping services, medical and
dental services, neurosurgery,
epidemiological services, vet-
erinary services, and midwife,
nursing and physiotherapist
services.

Another sector the Govern-
ment appears to have listened

and the Kirchners (Nestor and
Christina). However, one must
be extremely careful in citing
Argentine politics as an exam-
ple, given that the country has
had a long history of coup and
military-junta led governments,
and certainly cannot be con-
sidered a model democracy. In
the US, there have been exam-
ples where wives have coim-
pleted the term of office,
where Senators had died, and
they succeeded their husbands
as appointees of the incumbent
Governor.

No matter how talented and
capable the individuals may be,
I question whether America is
ready for husband/wife presi-
dents at this time: I also ques-
tion whether the system truly
contemplated having a former
president actively and openly
campaigning for his/her spouse
in the manner we are current-
ly seeing. However, for the
sake of balance, in a democ-
ratic system, neither point
raised above should mat-
ter...so maybe we can and
should have Hillary as nomi-
nee, and even contemplate
Chelsea in eight years if she is
so inclined. ,

with the problem extremely difficult to police ~
from a law enforcement perspective.

Increased marine insurance premiums and
deductibles were a distinct possibility as the
Bahamian insurance industry sought to com-
bat the increased claims and losses associated
with marine theft, Mr Duff warned.

“When the industry is faced with continuing
losses in a particular line of business, you have
to see where the losses are coming from and
where they can be reduced,” he added, indicat-
ing that insurers would also go through the risks
already underwritten and on the books with a
‘fine tooth comb’ to remove those considered

unacceptable.

“It is having an impact, and is something that
is certainly a concern to ICB,” Mr Duff told
The Tribune: “We will monitor it very closely.

“It’s been a continuing issue for me ever since
I came to the Bahamas 14 years ago. My gut
feeling is that it’s [marine theft] a little worse
than it has been in the past couple of years, but
that’s a reflection of rising crime.

‘CAREER OPPORTUNITIES |

FirstCaribbean is a major Caribbean Bank offering a full range of market-leading financial services in Corporate Banking, Retail Banking, Credit Cards, Wealth
Management, Capital Markets and Treasury. We are the largest regionally listed bank in the English-speaking Caribbean with over 3,500 staff, 100 branches
and banking centres, and offices in 17 regional markets, serving 800,000 active accounts. We are looking to fill the following positions:

HEAD-REGIONAL TREASURY ibaa

KEY RESPONSIBILITIES:

« Head of the Regional Treasury Operations Centre of Excellence to support.
for the whole region and be responsible for the service and delivery o
complex nature of the treasury sales & trading business

_ Lead the embedding of best practices in treasury operatio
that have a deep knowledge of and experience in the effec
business in emerging marketing economies
* Develop clear training and succession plans for each critical

PREREQUISITES:



ce of the treasury business of the bank
igh risk and ign value transactions due to the

Vv rful team of treasury operations personnel
9 and ppert of this complex

* 8-10 years of treasury operations experience with ieding Intemational banks.

* 3-4 years of experience in leading treasury operations teams having a team size of 15-30 members at the least

° Experience i in leading or active participation in treasury systems implementations or treasury system enhancement
projects, is a definite plus

_* Experience of automating processes in the treasury operations
* Bachelor's degree in quantitative discipline required; Master’s degree is a pls

* Knowledge of Treasury operations products and services

in the reasury epecstions area

¢ Knowledge and experience in implementing best practices in the treasury support services business
¢ Good knowledge of risk & control aspects of the treasury business
¢ Understanding of the Profit & Loss dynamics of the business



_ * Ambitious and seeks new approaches to work and style
* General management skills.including presentations, writing and negotiation skills
® Strong self-belief and open to challenges in a timeline and project-driven setting |

Please complete your resume, matching your
skills and experience to the role and highlighting
your professional qualifications or equivalent.

Applicants are requested to submit their resume
with a-cover letter by June 2nd, 2008.

Wiemeiiaeon cite ria)

PAE MOM Ceca e oscar le aya 9
Warrens, St. Michael

Tel: (246) 467-1547
E-mail: simone. kellman@firstcaribbeanbank.com

%o FirstCaribbean International Bank
Barbados Business Centre

Only applicants who are short-listed will be contacted.

* Has honed consensus-building and relationship development skills across corporate boundaries; able to win system
support for new ideas and initiatives
* Top class analytical focus

= SRCRRGVN UEsis1 aN
INTERNATIONAL BANK

GET THERE. TOGETHER,

to, when forming its EPA ser-
vices offer, is the construction
industry and the Bahamian
Contractors Association
(BCA).

While the likes of Dominica,
Guyana, Jamaica and Trinidad
& Tobago have removed all
restrictions on European con-
struction companies coming
into build hotels in excess of
100 rooms, the Bahamas’ EPA
services offer has protected this
sector for Bahamian contrac-
tors only up to resorts with 250
rooms or less.

Such an increased limit had
been sought by the BCA, with
European construction firms
allowed to come into the
Bahamas to build hotels with
more than 250 rooms.

The Bahamas’ services offer
protects indefinitely industries
such as retail, wholesale, com-
mission services and gasoline

Conclusion

The decision of who
becomes the nominee for the
major political parties, and
who becomes the next: presi-
dent of the US, is one that the
American people will ulti-
mately decide.

Whoever becomes the next
president, my wish is that he
or she pursues an agenda that

promotes peace, stability and

prosperity on a global basis.

Postscript

I wish to personally extend
my congratulations to Sir
Arthur Foulkes on reaching

_ his 80th birthday. Back in 2001,

I had the privilege of hosting
the Lunch Bunch’s Luncheon,
honouring Sir Arthur when he
received his knighthood.
Among his friends offering
congratulatory messages at the
time were Sir Orville Turn-
quest, 'Sir Sidney Poitier, Sir
Clement Maynard, Sir Arling-
ton Butler, Arthur Hanna,
Archbishop Drexel Gomez

- and Lunch Bunch members.

On his 80th birthday, Win-
ston Marshall, a Lunch Bunch
membe,r observed: “I am con-
vinced that Sir Arthur has

--INSURERS,; from page 3B

retailing, which are already
reserved for Bahamian own-
ership only, from European
companies establishing a rival
commercial presence.

Other areas the Government
has sought to protect with an
‘unbound’ offer are fishing ser-
vices, agriculture services, man-
ufacturing services, security
services, building cleaning ser-
vices, insurance brokerage and
agency services, travel agen-
cies and tour operators, pri-
mary and secondary education
services and various trans-
portation services.

Many other Caribbean coun-
tries appear to have gone a lot
further in opening up key eco-
nomic sectors than the
Bahamas, according to the
Government document
obtained by.The Tribune,
when it comes to the EPA and
Mode 3 commercial presence.

been not a mere observer to
Bahamian history....but a real
actor in the process. I am
aware that you have sacrificed
much, and to a great extent are
one of the unsung heroes of
the revolution. You stood your
ground for what you believed
and have inspired many of us
to embrace the principles of
democracy and collective lead-
ership.” Sir Arthur, we salute,
on achieving this milestone.
Until next week...

NB: Larry R. Gibson, a
Chartered Financial Analyst,
is vice-president - pensions,
Colonial Pensions Services
(Bahamas), a wholly-owned
subsidiary of Colonial Group
International, which owns
Atlantic Medical Insurance
and is a major shareholder of
Security & General Insurance
Company in the Bahamas.

The views expressed are
those of the author and do not
necessarily represent those of
Colonial Group International
or any of its subsidiary and/or
affiliated companies. Please
direct any questions or com-
ments to rlgibson@atlantic-
house.com.bs

“The industry has talked about selling Lo-
Jack products for marine hulls, but these things
take a long time to come to fruition, and I don’t
see it happening in the near future.”

Both J. S. Johnson and Bahamas. First noted
in their 2007 annual reports the increasing lev-
els of marine theft, the latter describing its as a
“vexing problem” that “continued to plague
the market in 2007”.

“The issue is generating widespread market
reaction to combat the problem. While the pre-
mium in this class of business increased slightly
in 2007, the theft losses held the underwriting
profit to a level just slightly higher than the pri-

or year,” Bahamas First said.

Steve Watson, RoyalStar Assurance’s man-
aging director, told The Tribune that while his
company did not underwrite much marine busi-
ness, he felt the market was “underpricing the
risk” in terms of the premium charged.

_ He added that despite boats being a riskier
insurance risk than houses, the latter’s premiums

were much higher than boats.

NOTICE

NOTICE is hereby given that BENSON JOSEPH of
No 19 Flamingo Gardens, NASSAU, BAHAMAS, is
applying: to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen
of The Bahamas, and that any person who knows any
reason why registration/ naturalization should not be
granted, should send a written and signed statement of *
the facts within twenty-eight days from the 27thi day of
May 2008 to the Minister responsible for Nationality and
Citizenship, P.O.Box N- 7147, Nassau, Bahamas.

KIRILUS INVESTMENTS LTD.
| (Company number 110,130)

An International Business Company

(In Voluntary Liquidation)

I, Jean-Francois Rochette Liquidator of KIRILUS INVESTMENTS
LTD. hereby certify that the winding up and dissolution of KIRILUS
INVESTMENTS LTD. has been completed in accordance with the
Articles of Dissolution and that KIRILUS INVESTMENTS LTD.
has been dissolved as of the 30th day of April, 2008.

Dated this 21st day of May, 2008

Jean-Francois Rochette
Liquidator


THE TRIBUNE

TUESDAY, MAY 27, 2008, PAGE 5B



Ten companies sought
for HIV/AIDS initiative

@ By CARA BRENNEN-BETHEL
Tribune Business Reporter

THE Bahamas Employers Confed-
eration (BECon) yesterday said it was
looking for 10 companies to volun-
teer for a regional initiative aimed at
addressing the impact of HIV/AIDS
in the workplace.

Brian Nutt, BECon’s president, told
Tribune Business that the program-
me’s goal was to raise awareness of
AIDS at the corporate level, and allow

national policies on the matter.

“The impact of HIV/AIDS in the
workplace can be quite significant,”
Mr Nutt said. “If a person has
HIV/AIDS, it means that they are
unable to resist infection, so you will
have an employee who misses work a
lot. Any time you have workers away
from the job, productivity is lost and
employees are less efficient.”

He explained that BECon has just
invited 10 companies to volunteer for
the programme, adding that a mix of

“Actually, we would like all com-
panies to participate. It would be
good if we could have a mix of com-
panies, you know, large or small from
a variance of sectors to contribute to
the national policy,” the BECon pres-
ident said. -

Mr Nutt added that there was no
cost to the companies, and that region-
al organisations will pay all the costs.

He said the programme should be
completed and results available by
mid-2009.

nate and monitor the implementation
of a Workplace Policy and Pro-
gramme on HIVand AIDS in public
and private sector enterprises through-
out the region, and is being sponsored
by the Pan-Caribbean Partnership
against HIV and AIDS (PANCAP)
in collaboration with the Pan-
Caribbean Business Coalition against
HIV and AIDS (PCBC), the
Caribbean Employers' Confederation
(CEC), the Caribbean Congress of
Labour (CCL), and the International

within the framework of the
Caribbean Tripartite Council on HIV
and AIDS (CTC).

This initiative is intended to align
with the objectives of national
HIV/AIDS response, and advance the
implementation of the National
Strategic Plan on HIV/AIDS in each
country. The importance of this ini-
tiative in preventing the spread, and
mitigating the impact, of HIV and
AIDS in the workplace, as well as
advancing industrial health and pro-

participating companies to help set

firms would be ideal.

/ The initiative will promote, co-ordi-

Labour Organisation (ILO), acting

ductivity, is well documented.

300m liquidity to aid interest margins

FROM page 1B

are starting to get better, with
excess liquidity of $300 million
_ and excess reserves of $800
million being at extremely
comfortable levels.

“Due to the combination of
softer credit growth and gov-
ernment borrowing, these two
items have served to support
growth in external reserves and
liquidity. The growth of credit
has slowed down consider-
ably.”

The softening impact on

commercial bank deposit rates,
though, would not be felt until
the 2008 second half. Mr
McWeeney explained that this
was because many investors,
especially those who controlled
large deposits, had locked-in
long-term rates, which would
only start to become renew-
able around September/Octo-
ber 2008.

The Bank of the Bahamas
International managing direc-
tor said that while demand
remained strong for middle

NOTICE

ANGLO BAHAMIAN BANK LIMITED
‘(In Voluntary Liquidation)

Notice is hereby given that in persuance of Section 249

market mortgages, the demand
for both commercial .and con-
sumer loans had softened.

He added that this was nor-
mal behaviour in an uncertain

_ economic climate, as Bahami-
. an businesses held off on any

major investments and con-
sumers were reluctant to add
to consumer debt.

Mr McWeeney said the main
concern for the Bahamian

commercial banking system at ~

this point was loan portfolio
and asset quality, given that

the economic slowdown could |

force people into delinquency
and default on their loans.

“We’ve seen an increase in
delinquencies, maybe an aver-
age of one or two percentage
points, but nothing significant.
It’s not to the extent that it’s
causing any major concern,”
Mr McWeeney said.

“We’re putting our main
attention on delinquencies. All

lenders do this at this time, due

to the economic circumstances.
They put increased focus on
delinquencies to ensure asset

. quality ‘remains in good

shape.”

Mr McWeeney said Bank of

the Bahamas International
remains “in a mode to expand
the bank’s franchise interna-
tionally”, and was continuing
to “actively pursue” alliances
with other Caribbean and
Latin American banks as “part
of our strategy to look outside
the Bahamas”.

He added that Bank of the
Bahamas International already
had “working relationships”
with two Trinidad-headquar-
tered banks, whom he declined
to name, and was “going

through the process of formal-:

ising these alliances”.

Saying these alliances should
be concluded “fairly soon”, Mr
McWeeney told The Tribune:
“We’re working with them

Tight now, and hopefully by the

end of this fiscal year [on June
30] both deals will be com-
plete.”

The alliances would enable
Bank of the Bahamas Interna-
tional to “better look to diver-
sify our risk and bein a posi-
tion to offer bilateral services

to acommon customer base”. .
Both Trinidad banks had a °

presence throughout the
Caribbean and Latin Ameri-
ca, something that would aid
Bahamian businesses looking
to-expand and do business in
those regions - something
Bank of the Bahamas Interna-
tional could facilitate.

In addition, the bank would
also serve as the first point of
contact for Trinidadian busi-
nessmen and others from those
regions looking to enter the
Bahamas market, Mr
McWeeney said.

Bank of the Bahamas Inter-

national was also “in discus-

‘sions with other retailers” to

roll-out its Moneygram money
transfer business throughout
the Bahamas, having launched
the initial outlet at Abaco Mar-
kets’ Solomon’s SuperCentre.

Mr McWeeney said Bank of
the Bahamas International
wanted to increase its non-rev-
enue interest base, and was
looking to do this through
“technology and non-credit
type services”.

With Bank of the Bahamas
International’s asset base hav-
ing increased by 58 per cent in

three years, and the uncertain- _

‘ ty over the economic outlook,

Mr McWeeney said the man-
agement team was “not grow-
ing the bank’s book of busi-
ness very much at this time”.

It was focused on improving
liquidity ratios, with invest-
ments in government-regis-
tered stock, and “managing the
previous growth and the deliv-
ery of quality service over the
next 12 months”.

of the Companies Act a General Meeting of the Members
of the above-named Company will held at the Registered
Office of the Company at FT Consultants Ltd, One Mon- |
tague Place, 2nd Floor, East Bay Street, Nassau, Bahamas
on the 27th day of June 2008, at 10:00 am, for the purpose
of having an account laid before them, showing the man-
ner in which the winding up had been conducted, and the
property of the Company disposed of, and hearing and
any explanation that may be given by the Liquidator, and
also of determing by Extraordinary Resolution the man--
ner in which the books, accounts and documents of the
Company, and of the liquidator shall be disposed of.



“ WANTED.

ake Seadone for the, position of...

ASSISTANT MANAGER
FOR A RETAIL STORE

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.













Experience in managing people
Must have excellent organizational skills,
excellent customer service and sales skills

Please mail
Resume and photograph to:



Assistant Manager Position,
P.O. Box N-523,
Nassau, Bahamas ©

Dated the 27th day of May, 2008

Paul EF Clarke

a NOTICE
Liquidator



— BAHAMAS
yo: upet om ret J,

LIMELED.-—

DEVON ENERGY MONDAH BAY, LTD.

Pursuant to the Provisions of Section 138 (8) of the
International Business Companies Act 2000 notice
is hereby given that the above-named Company has
been dissolved and struck off the Register pursuant
to a Certificate of Dissolution issued by the Registrar
General on the 8th day of May, 2008.

aac Lui

Bahamas Supermarkets Limited operates a leading supermarket
chain in The Bahamas. As a market leader, the Company prides
itself on delivering premier service through its City Market
supermarkets, having a strong commitment to its customers,
associates and community.

CLOSED FOR STOCKTAKING

Nassau Motor Company’s

Parts Department

will be closed for stocktaking...

MAY 2008









An opportunity for a Chief Accountant to join this market leader
has arisen.
Lynden Maycock
Liquidator
of
DEVON ENERGY MONDAH BAY, LTD.

Reporting to the Financial Controller, the successful applicant will
need to hold a professional accounting qualification (CA, CPA, ACCA
or CMA) and have previously led a high-performing accounung
team in a diverse accounting environment. Key selection criteria
include:

Sound technical and practical experience in financial
accounting, and financial Management controls and
systems
. Strong business acumen with the ability to creatively
solve problems
Ability to manage, with a strategic focus,.all aspects of a
high-volume accounting environment while providing
quality and meaningful financial information
Manage relationships within the business encompassing
budgeting, forecasting, reconciliation and analysis of all
operational accounts, cash flow and asset management
Ability to lead and motivate a dynamic financial team
Ability to identify system, control and _ process
improvements
Have superior communication and interpersonal ' skills
with the ability to mentor a team
Solid functional computer skills with working knowledge
of Microsoft applications and automated financial and
distribution reporting systems



NOTICE



JUNE 2008

We will be closed from 5:00pm
Wednesday, May 28 through
Sunday, June 1.
We will re-open on Monday, June 2.

TSMP LTD.

Pursuant to the Provisions of Section 138.(8) of the
International Business Companies Act 2000 notice
; ; is hereby given that the above-named Company has
We regret any inconvenience

to our valued customers.

been dissolved and struck off the Register pursuant
to a Certificate of Dissolution issued by the Registrar
General on the 8th day of May, 2008.

If you have what it takes to succeed in this challenging role,
forward your resume and cover letter to:

Human Resources Director
Bahamas Supermarkets Limited
East-West Highway « P. O. Box N 3738 » Nassau, Bahamas
Or e-mail to: humanresources@bahamassupermarkets.com
No telephone inquiries please

Lynden Maycock
Liquidator
of
TSMP LTD.

Shirley Street ¢ 356-7932

partsorder@nassaumotor.com ¢ www. nassaumotor.com,

>, of
Cis (arket,



SAAT ORNS
PAGE 6B, TUESDAY, MAY 27, 2008




COMICS PAGE

Tribune Comics








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©2008 by North Amarica Syndicate, Inc. World nghts reserved.







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BECAME THE STAR CLOTHES, #K43
\, OF THE Tv SERIES STICKERS, The bidding:
“MONA ARIZONA” CARDS, East South West — North
1¢ 1¢ 2¢ 34
BOOKS, 4¢ 4o

POSTERS...4 Opening lead — four of diamonds.

The subtleties of defense avail-
able to a pair in tune with one

impending defeat into victory. The
messages exchanged need only be
correctly interpreted for the best
result to be achieved.

For example, examine this hand
played in a team match. At the first

(©2009 by North America Syndicate, inc. World rights reserved.
a
5
so
i E:2 »
ped
esr
y
weve kingleaturos.com

got to four spades on the bidding

shown, and West led a diamond. East:

took the king and continued with the

LON THE
| OTHER HAND
THINK oF ALL
THE NONEY
WE'RE SAVING
ON GAG

2










NIN PERPETUAL
OPTINNGE Gel
PUNCKED A ST

Dist. BA UNWeRSm evESS SIND

the main

body of

(Chambers

21st
Oil edition).
word, each letter may be used
No plurals.

Century

Dictionary
HOW many words of four letters
or more can you make trom the
once only. Each must contain
the centre letter and there must
TODAY'S TARGET
Good 19; very good 26; excellent

The
Target
uses
words in
(1999
letters shown here? In making a
be at least one nine-letter word.
37 (or more). Solution tomorrow.

©2003 dy King Featras Syndicate, Ine. lord rghts reserved.













































4 CROSS ; DOWN
i °g 1 She’s upset by Charlie in a game (5) 2 Ananimal stopper! (6)
B & — Figure to tose a littie height (5) 3 it may involve acting in a picture (6)
i ¢ fish flat out on the ded? {7} ” 4 Bestill in position? (3)
H U } 70 Fast ships? (5) 5 Sees there’s food in a ship (5)
Ni | % -Wise old fellow ied astray with & Put up before Charlie and Ted (7)
i hesitation {5} 7 Whence there's a wet outlook in all
E “9 32 Ninety-nine of them can directions (4)
be pricey {5} § To a wicked deed, he paid
y -2_ Stony hearted beauties (7) attention (6) /
T Gq 3S Go together is: time to talk (3) i2 They're usually sweet and soft to”
ii W 617 -Roguish and of deculiar charm (4} one’s ears (5)
Y i 78 ~~ Choose to start a5 you 13 There’s a path round many such an
| i 0 4 fimsh (6) area (5)
, if 19 Released a doy ic go out East (5) 74 He pretends to have nothing (being
a | ti = 20 Charlie nas to scour araund for this in the cart?) (5)
I | plant (6} 15 Note the return, also (5)
bi f 22 «Resolute in business (4) 46 Charges for a half better ‘teat
5 i N 24 It represents 2 female in gauche . manuscript (5) re ACROSS DOWN
4 relationships (33 1 wood’ 1 Perfect (5) Nonsense (6)
l} -. re ps ( sash 18 The half dead bit will cost you |; 6 Elk (5) 3 Against (6)
I 25 Places of amusement possibly nice money (5) 3 Translation (7) 4 Allow (3)
b oO for mothers (7} i9 Very quick to get angry (7) 10 Metal 5 Russian
i i N 26 A good Geal of vision (5} 2? for jack to be in the red will be a Lu |! 1 ne (5 6 Dalia
Hh : ? : ea e
Te 27 Forbidden way to make a boot (5) hindrance (6) rs worker (8) wind (7)
h E | 28 What | would be to have Lucy rounc 22 These will contribute to your having N 12 Angry (5) _ 7 Burden (4)
H ior the weekenc {5} two stiff legs (6) = —B ae 8 a
ie : 29 ne Place for pieasure that’s 23 To learn ill about the King’s Head > 1S Vegetable (3) ; 12 Beliefs (5)
1 é ( enjoyable anc honest (3,4} can cause bitter feelings (6) w~” 17 Plant (4) 13. Reason +
i 30 What Sadie couid give a chap 25 Is light, but husky {5) < 18 Hidden (6) : (5)
H R f wrongly? (5} 25 Thus the FA has lengthy support (4) Lu 8 a 7 ae
ie e in the Sn ie, cy 5 Sas . 20 oze Imes (5:
HY O { 31 Aplace in the Snerwooe Forest (5) 28 Say some of the silliest things? (3) 22 Entreaty (4) 16 Book af
if Ss 1 ‘ 24 Finish (3) maps t9}
I y - 25 Meals (7) i = es
Ws = a Se ~ | 26 Rambler (5) eae
es i ‘ 21 Last (6)
He ; 27. Healed (5} 22 Crayor: (6)
f W } Yesterday’s cryptic solutions Yesterday’s easy solutions 28 Garret (5) BOM Y is
i ACROSS: 1, {the) Splits 7, Hard-Ware 8, Emma 10, Valued 11, | ACROSS: 1, Scarce 7, Disarray 8, Flag 10, Plaice 11, Facile 14, 29 Renovale (7) ieee 5 (6;
| © | vesignss, antt6, Dates 17, Lane 18, Co-rot 2, Have-n22, | Tee 16, Mules 17, Sped19, Taper 21, Panel 22, Habit 23, 30 Unwanted ete wi
ff No-Ted 23, Room 26, TU-lip 28, V-ex 29, Amulet 30, Pipers |-Mere 26, Carol 28, Had 29, One day 30, Canine 31, Omit tants (5) Bi SOUE OF
; R “9 31, G-me-n 32, Recounts 33, T-Al-ent 32, Relieved 33, Encore | pans celle 4)
! | DOWN: 1, Snive-L 2, Immune 3, S-had 4, Added on 5, T-amil | DOWN: 1, Shapes 2, Relied 3, Edge 4, Caramel 5, Trail 6, a Type) a8 UNS!
i D 6, Reins 8, Elan 9, Me-t 12, Sat. 13, G-ecko 15, Cover 18, Pyres 8, Fate 9, Ace 12, Cur 13, Lever 15, Panic 18, Pagan 19,





| Album 13, Cat 20, Red 2i, Hop-eful 22, Nil 23, Repeal 24, O-
A-en 25, Mus-cat 26, Tarry 27, Lunch 28, Vi-m 30, Post

of}

Tab 20, Pet 21, Palaces 22, Hod 23, Maniac 24, Edit 25,
Emerge 26, Cobra 27, Reply 28, Ham 30, Code




7 Pens OP

{== .0 pee a)
5 =:

“BE SURE THE POCKETS ARE Ble
ENOUGH FOR MY PET FROG.”

another can sometimes convert °

5 table, nothing much happened. South’









RIGHT NOW,








Good Partnership Defense

ace. Declarer ruffed, led a trump and
eventually lost a club to the ace to
make exactly four spades.

At the second table, the same con-
tract was reached on similar bidding,
but here the defense functioned more
effectively, and South went down
one.

West led the four of diamonds,
just as at the first table, and East also
won with the king. But at this table,
East did not continue the suit. He
realized from the bidding and open-
ing lead that South almost surely had
started with a singleton diamond.

So at trick two, he shifted to the
ace of clubs. He was hoping to find
West with the king of clubs, in which
case a club continuation and a ruff
would defeat the contract.

West didn’t have the king and
might have played the.deuce on the
ace to deny it, but he did have the ace
of spades, a card his partner knew
nothing about. Since East seemed
interested in obtaining a club miff,
West played the nine on the ace, ask-
ing for another club lead.

East happily obliged, and though
he was temporarily disappointed
when declarer showed up with the
king, he got his club ruff a short time
later when West won the spade ace
and retumed a club to sink the con-
tract.

TARGET



YESTERDAY’S SOLUTION

abate abated abdicate
ABDICATED abet abide ;
abided aced acid acted addict
aide aided baaed baddie bade
bait baited bate bated bead
beat beta caddie cadet cadi
dace date dated dead idea



New
fed ate

ania offspring
produced by
certain animals




Bent Larsen v Boris Spassky,
Bugojno 1984. They used to call
them the Horwitz bishops, two
prelates on adjacent diagonals
targeting the opponent's castled
king. The legendary Spassky, who
lost his world crown to America's
Bobby Fischer in Reykjavik, always
liked the bishop pair and here he
has a promising attack with queen
and rook joining the action.
Meanwhile, Denmark's Larsen

hopes to take the initiative and gain

a pawn by Bxd4 or Nxc5. The
position seems unclear, but
Spassky's next two turns, the first
obvious, the second a sacrifice,
forced White to resign. What
happened?

WHY DONT WE JUST HIT
HER WITH WATER BALLOONS | | HOBBES, BUT LETS FACE IT,








SEE THAT IT “ACC\DENTALY ”
FAUS INTO SUSIE'S HANDS !





THE TRIBUNE

c Dennis )|( Calvin & Hobbes _)




YOU'RE A GOOD OFFICER,

YoU DONT: HAVE AN
EXECUTE

T STILL THINK MY
\DEA SORT OF
MAKES SENSE...







NATURALLY, SHELL Go THERE,
AND WELL) BE WAITING, READY

TUESDAY,
MAY 27

AQUARIUS - Jan 21/Feb 18

Make time for romance with your
partner, Aquarius. He or she needs
some alone time with you. If you're
not attached, now is the time to seek
out a new mate.

PISCES — Feb 19/Mar20
You're feeling better than ever,
Pisces. Build upon your burst of
energy by starting a new project
around the house.

ARIES — Mar 21/Apr 20

Stop worrying about what you can’t
change, Aries. Focus your attention
on those things that are in your con-
trol, like your finances. Start saving
for a big purchase. °

TAURUS — Apr 21/May 21
Hold onto your hat, Taurus; things
are going to be a whirlwind this
week. Many people will be vying for
your time, and you'll need to sched-
ule most of them in.

GEMINI - May 22/Jun 21
Think hard before you give a friend —
advice; Gemini. Are you voicing your
opinion because you care, or do you
have an ulterior motive? Don’t cause :
added problems.

CANCER — Jun 22/Jul 22 °

Things are looking up, Cancer. You

. Just need to hang in there a little while

longer to ride out a storm that has been
‘brewing. Friends and family arc a con-
tinued source of support.

LEO — Jul 23/Aug 23

You can't always get what you want,
Leo, but this week things seem to
fall into place. Your every desire is
granted. almost as if a fairy god-

mother is watching over you.

VIRGO - Aug 24/Sept 22

' The old adage says, “look before

you leap,” and it’s particularly true
for you this week, Virgo. Before
jumping into a new relationship,
examine all the sides.

LIBRA - Sept 23/Oct 23 ~
Your romantic partner thinks a break
is in order, Libra. You're. not that
inclined to agree, but will go ahead
with the plan anyway to keep con-
versations peaceful.
SCORPIO — Oct 24/Nov 22
You have a *'w outlook on life,
Scorpio - IS a posilive one.
ee seem awfully manageable
«4 Within reach. Right now is a time
to realize your dreams.

SAGITTARIUS — Nov 23/Dec 21
Mediation is no longer an option
for a relationship that cannot be
salvaged, Sagittarius. Cut your ties
and do so quickly. The neater the
loose ends the better.

CAPRICORN - Dec 22/Jan 20
You've been the center of a conflict
between two people, Capricorn.
While you thought vou were acting
correctly, you've actually been self-
ish in your persuits.

CHESS by Leonard Barden

LEONARD BARDEN

Chess 8609: 1...Qd5 23 Bgl+! and White res;
If 3 Qxgi Re2+ 4 Knl Qxf3+ forces mate. Bhar

Qxd1+ 4 Kh? Re2 mate.
THE TRIBUNE ‘ TUESDAY, MAY 27, 2008, PAGE 7B

CO c ULM Com
Rea yyy

passes Series
7 examination

CREDIT Suisse (Bahamas) who is responsible for the insti-- Bahamas to be licensed as a
operations supervisor has _ tution’s Treasury and Issuance _ broker and financial adviser,
passed the Series 7 General Department, is shown here having passed the Series 7
Securities exam after training with the NastacGroup’s man- exam, which is organised by
with the Nassau-based Nastac aging director, Reece Chip- the New York Stock Exchange
-Group. - man. (NYSE) and National Associ-

Mia Bowe, a five-year Cred- Mrs Bowe can apply to the ation of Securities Dealers.
it Suisse (Bahamas) veteran Securities Commission of the (NASD).



4

BANK OF THE BAHAMAS LIMITED — i ; i
CONSOLIDATED STATEMENT OF INCOME
3 MONTHS ENDED MARCH 31, 2008 (UNAUDITED)

) (Expressed in Bahamian dollars) isis
FINANCIAL PERFORMANCE FOR THE NINE-MONTH PERIOD ENDED 2008 2007, 0—~SO”

[9 Bank of The Bahamas

I M I

















2007
MARCH 31, 2008 WITH QUARTERLY AND YEAR OVER YEAR COMPARISON ,
Bea SRE NET INTEREST AND OTHER INCOME:
With three quarters of the financial year completed, Bank of The Bahamas International ” ‘ ,
(‘the Bank) continues to show significant sustainability in: maintaining its growth : aces cS : $ 13,274,143 s 10,101,974
momentum. The Bank continues to build capacity while strengthening organizational, Chain cah chs — 3S 2812.31
financial and operational depth. The implementation of these strategic imperatives is Add Net Recoveries (LLess) Net Provision for Loari Losses ‘609,364 (252.212)
intrinsically linked to our overarching corporate objective of transforming the Bank into a Net Interest Income after Provision for Loan Losses 7 ose 307,087,056). yt be aT ASE
Financial Enterprise and an internationally recognized Bahamian franchise. This sustained : Non-Interest Revenue 2,298,881 2,695,644
performance has resulted in year to date Net Income (before interest on Preference ~ \ ~ | Income from Investments Eas _ 383,152 426,088
Shares) increasing by 21.14%, over the previous year, to close at $10.3 Million. — PNG 8 Net Revenue Soe 9,709,389 8,933,587
y i _ NON-INTEREST EXPENSES : to 5,700,430 5,635,448
~ Despite sustained systemic liquidity challenges, the Bank continues to deepen its funding __ NET INCOME BEFORE INTEREST ON DIVIDENDS “S| 4,008,960 s 3,298,139
capacity. Through focused plans, overall deposits ‘increased by $43 Million or 8.23% over ia j
the previous quarter. This increase though is underpinned by 34.7% or $4.5 Million SOY. Preloreace Share Dividends —___ (843,750) Di ip esealiegt Be cer 0100.
increase in Interest Expenses compared to the same period in’ 2007. However, the growth NETINCOME AVAILABLE TO COMMON SHAREHOLDERS , $3,165,210. 83,298,139
in Interest Expenses when considered in conjunction with the growth in profitability clearly EARNINGS PER SHARES : é Beans za Ni
signals the effectiveness of the Bank’s ongoing strategies of cost containment. Recent. “: SSS ————
money supply indicators appear to be on an upward trend and the Bank. will seek to : TERE TeabORGa. TARR aes OT,
capitalize on this upturn, aiming to mitigate the sharp increase in Interest Expense. 3 ; : SS eco eet BOO
Against the back drop of prevailing economic conditions, the Bank’s strategy to curtail
credit growth resulted in a small contraction in Loans and: Advances of 0.61% during the BANK OF THE BAHAMAS LIMITED
reporting period. Despite this, Interest Income remains robust settling at $38.2 Million or Fie SE OF CASH FLOWS (UNAUDITED)
'19.97% over the same period last year. As the Bank evolves into a Financial Enterprise Nowe eee eae = zues . ‘ :
effective management of expenses becomes ‘ever more critical as a means of securing _ SRE BDI OS SC I aT rng Se ce ea rr SN ne eee
profitability. Thus, we are pleased to report that Year-to-Date, Non-Interest Expense . ; Sate
: : ; 2008 yj. 2007
showed a relatively small increase of 3.13% over last year. ; eens?
i re east Cian ssn i : CASH FLOWS FROM OPERATING ACTIVITIES: : See IN
Despite prevailing market indicators signaling a softening in economic growth and reduced Net income _ ; $ 10,260,581. $ ~ 8,469,992
credit demand, the Bank’s outlook continues to be positive.’ We anticipate that this year’s Adjustments for non-cash items - 1,972,136 1,993,554
performance will be comparable with the prior year. We remain, however, mindful of global ‘ 12,232,717 10,463,546
and local economic developments, being ready to make the necessary adjustments to Net change in operating assets ; 27,272,608 (19,545,069)
corporate plans with the view of maintaining value creation for the Bank's shareholders. : Net,cash used in operating activities 39,505,325 (9,081,523)
We recognize the outstanding support of our hardworking and dedicated staff and remain CASH FLOWS FROM INVESTING ACTIVITIES: re
grateful for the confidence and support of our growing customer and shareholder base. - » Acquisition of fixed assets (2,842,096) (33,369)
Purchase of investments . - :
Proceeds from maturity of investments ’ i 2,700,000 ° -
Net cash used in investing activities , 57,904 (330,369)
7 CASH FLOWS FROM FINANCING ACTIVITIES: ;
7 Paul J. I. McWeeney 3 Issuance of Preference Shares : ; - 14,764,990
Managing Director Mortgage Backed Bonds : 20,000,000
A ue ares t sata, : Le ; Preference Shares Dividends - : , - (843,750) (4,927,913)
CONSOLIDATED BALANCE SHEET (UNAUDITED) : f Common Shares Dividends F 2,495,383 -
“AS OF MARCH 31, 2008 : Net cash provided by financing activities: (3,339,133) 29,837,077
i) (Expressed in Bahamian dollars) ee ACerS Mia ob ey eg SS at : ‘ ; ;
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
MARCH ._-—«dDECEMBER MARCH DURING THE PERIOD 29,831,605 * 20,425,185
: : CASH AND CASH EQUIVALENTS BEGINNING OF PERIOD 124,629,757 44,198,930
ASSETS A :
Cash and due from banks : $ 154,461,362 S$ 128,622,506 $ 64.624 115 END OF PERIOD $ » 154,461,362 $ 64,624,115
Investments, Loans and Advances to Customers, net f 524.988,439 528,193,637 506.545.260 . a
Other Assets ____ 46,855,032 26,084,852. 27,176,085
TOTAL : $ -726,304,833 $ 682,898,995 -$____ 598,345,460
. BANK OF THE BAHAMAS LIMITED
LIABILITIES NOTES TO CONSOLIDATED INTERIM CONDENSED FINANCIAL
Deposits ft tomers and bank: 560,130,721 : 517,537,523 ' 4417 ,042.809 A
Bones Piyabetls if 17,000,000 17,000,000 17,000.000 STATEMENTS (UNAUDITED)
| Mortgage Backed Bonds 20,000,000 20,000,000 20,000.000 9 MONTHS ENDED MARCH 2008
Other Liabilities 26,230,875 29,145,945 | 25,514,586
Total Liabilities 623,361.596 _583,683.468 803,557,395 ;
1. ACCOUNTING POLICIES
SHAREHOLDERS' EQUITY : :
hg Seas : cay , pes consolidated interim condensed financial statements are prepared in accordance
[Autnodibed #28 006.000 preferred sharas ol $87,000 acoh : ; with IAS 34 Interim Financial Reporting. The accounting policies used in the preparation
25,000,000 common shares of $81 each of these consolidated interim condensed financial statements are consistent with those
Issued and Fully Paid - 15,600,000 common shares (2006:15,600.000) 15,600,000 15,600,000 15,600,000 used in the annual financial. statements for the year ended June 30, 2007
Preference Shares ~ 14,764,990 14,764,990 14,764.990 : aa t
Ss i 28,587,866 28,587,866 28 587.866 : : x ; ? ;
an ; : ae as aon The consolidated interim condensed financial statements include the accounts of Bank
Retained Earnings ___ 43,990,381 40,262,671." _——=—96,072.448 of The Bahamas Limited and its wholly owned subsidiary, BOB Financial Services, Inc.
Total Shareholders’ Equity S$ 102,943,237. $ 99,215,527. S$ 94,788,065




TOTAL . $ 726,304,833 § 682,898,995 $ 598,345,460

CONSOLIDATED STATEMENT OF INCOME
9 MONTHS ENDED MARCH 31, 2008 (UNAUDITED)

(Expressed in Bahamian dollars)

Pete sit Legal Notices











2008 2007 3
NETINTEREST AND OTHER INCOME: and Balance Sheets
Interest Income : $ 38,184,240 $ 30,530,309 ;
Interest Expense 16,536,990 12,908,279
Net Interest Income / 21,647,249 17,622,030
Less Net Provision for Loan Losses “1,393,244 493,583
Net Interest Income after Provision for Loan Losses 20,254,005 a 7,128,447
Non-Interest Revenue 5,537,700 6,235,906
Income from Investments . 1,166,737 4,297,284
Net Revenue 26,958,442 24,661,631
NON-INTEREST EXPENSES 16,697,861 16,191,639
NET INCOME BEFORE INTEREST ON DIVIDENDS $ 10,260,582 > $ 8,469,992
Preference Share Dividends . (843,750) 0.00
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS $ 9,416,832 $ 8,469,992
EARNINGS PER SHARE $ 0.60 $ 0.54
15600000 15556431

ny


PAGE 8B, TUESDAY, MAY 27, 2008

THE TRIBUNE







@ By Royal Fidelity Capital
Markets

THE Bahamian stock mar-
ket had its largest weekly trad-
ing volume to date. A total of

340,756 shares changed hands,
with 13 out of the 19 listed
companies seeing activity. Five
stocks advanced, four declined
and four remained unchanged.

Finance Corporation of the



OLA

Bahamas (FIN) was both the
week's volume leader and
biggest decliner, with 91,635
shares trading. Yet the stock
price decreased by $0.50, end-
ing the week at its 52-week low
of $12.50. J.S. Johnson & Com-
pany (JSJ) followed with 75,306
of its shares trading, ending the
week unchanged at $12.30.

Consolidated Water Com-
pany Limited BDRs (CWCB)
led this week's advance with
1,403 shares, climbing by $0.43
and recapturing some of its loss
from last week's decline, clos-
ing at $3.75.

Commonwealth Bank (CBL)
followed with 29,138 shares
trading, increasing by $0.29 to
end the week at $7.44. Bank of
the Bahamas International
(BOB) also lost big this week,
with 22,208 shares trading,
dropping by $0.18 to end the
week at $9.43.

COMPANY NEWS

Earnings Releases:

There were no financial
results reported by any of the
19 listed companies during the
week.

Offering Notices:

e Fidelity Bank (Bahamas)

ey

Your Time is Now.
The UM Executive MBA Program in the Bahamas

If you are an experience professional ready to lead at a higher level, now is the time to
earn an MBA from the University of Miami.

e Saturday schedule enables professionals to
earn their MBA without career interruption

e Executive-style classroom, exclusive to
Bahamian MBA students, at the College of the

Bahamas

e Students attend a one-week course on the
Coral.Gables campus — all expenses paid

e Fellowships of $17,088 will be awarded to: all
admitted students who meet required criteria







The Bahamian Stock Market

FINDEX 911.66 (-4.24%) YTD
BISX CLOSING _CHANGE VOLUME YTD PRICE

(FBB) announced on May.-13, SYMBOL PRICE CHANGE
2008, its offering of $10 million .
in unsecured fixed and float- ae tae Sale ae tt
ing rate notes under its $50 mil-__ | BOR $9.43 $-0.18 72.208 187%
lion note programme. BPF $11 80 $- . 0. 0.00%

The fixed rate series, Series BSL $14.60 $- 0 0.00%
C, is being offered at7 percent | Bwr — $3.60 $40.10 11,271 -1.64%
annually with afive-yearmatu- | CAB $14.10 $40.04 3,800 17.61%
rify; while ne Hoguie tate. Cat $7.44 $+0.29 29,138 -11.74%
series, Series D, is being CHL $2.87 $- 18,395 -8. 89%
offered at prime + 1.75 per cent CIB $13.24 g- 0 9.32%
annually (currently 7.25 per | CWCB_ $3.75 $+0.43 1,403 -25.60%
cent) with a seven-year matu- | DHS $2.94 $-0.06 20,000 25.11%
rity. FAM $8.00 : 12,000 11.11%

Both series will be offered FBB $2.37 $+0.02 7,000 -10.57%
for a total of $5 million each. FCC $0.41 $- 0 -46.75%
The proceeds from this offering FCL $5.55 $- 6,600 7.14%
will be used for general bank FIN $12.00 $-0.50 91,635 -7.34%
ing purposes. ICD $6.79 $- 0 -6.34%

The offering closes on May JSJ $12.30 $- 75,306 11.82%
30, 2008. For further informa- PRE $10.00 $- 0 0.00%’
tion contact Royal Fidelity °
Capital Markets, who will be
acting as the placement agent | DIVIDEND/AGM NOTES:

for the offering. ah
¢ J.S. Johnson & Company (JSJ) announced that it will be
holding its Annual General Meeting on Wednesday, May 28,
2008, at 6pm in the Governor's Ballroom A at the British
Colonial Hotel, No.1 Bay Street, Nassau, Bahamas.

e FOCOL Holdings (FCL)
announced it will be extending
the deadline of its private
placement offering over the
course of the next six months.
The preferred shares will be
paying a dividend rate of prime
+ 1.75 per cent, payable semi-
annually.

¢ Colina Holdings Bahamas (BOB) announced that it will
be holding its Annual General Meeting on June 11, 2008, at
5.30pm at the J.W. Pinder Building, Collins Avenue, Nas-
sau, Bahamas. ;



| — ~ ——~—-. ES — —_ —— ~ ——— TI

| International Markets

z 1

| FOREX Rates

Weekly % Change
oe | CAD$ 1.0108 +1.00. |

GBP 1.9800 +1.15

| EUR ' 1.5764 +1.19

| |

| Commodities |

| Weekly %Change |

| Crude Oil $131.80 44.36 |

| Gold $924.78 +2.76

International Stock Market Indexes:

| Weekly % Change |

|

| DJIA 12,479.63 -3.91 |

| S&P 500 1,375.935 -3.47- |

| NASDAQ 2,444.67 223:3314

| Nikkei |

14,012.28

-1.46

/ 8 Currency designations including BSD & CAD
/ New Contemporary Design
Â¥ imprints Various Sized Checks Quickly and Accurately

/ Durable Frame Construction Accommodates A wide variety of Multiple
copy negotiable documents

/ Available with a customized sliding name plate
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e First offered in 1976 and accredited by
AACSB International — the Association to
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- teach at the main campus / New improved type style offering universal punctuation and insignia versatility

© |ntegrates practical experience,
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/ 2 Key machine lock restricts user access

Q&A SESSION

Thursday, May 29 at 6:00 P.M.
College of the Bahamas, Classroom B27

RSVP: 305-284-4607
mba@miami.edu | www.bus.miami.edu/grad

V Available in 11 column print capacity and 8 different currency imprint locations

UNIVERSITY OF
For more information contact:

Bahamas Cheque Services Ltd.
Telephone: 242-677-8720

SCHOOL OF BUSINESS





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