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
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BAHAMAS EDITION

TUESDAY, AUGUST 5, 2008



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Pair injured;
police shoot
alleged
gunman in
separate
incident

A MOTHER and her two-
year-old son were shot by gun-
men who emerged from the
bushes as she drove in Golden
Gates Friday night.

It was around 11pm when
the mother was driving-in
Muttonfish Drive, and two
men approached the. vehicle,
‘shooting both her and her
young son in their left legs.

The mother and son were
taken to Princess Margaret
Hospital in a private car,
where they are currently in
stable condition.

Anyone with any informa-
tion which could assist inves-
tigations should call police
urgently on 322-3333 or
Crimestoppers on 328-8474.

Also at the weekend, police
arrested one man and shot
another accused of carrying
handguns in Nassau.

The shooting took place at

around 4pm on Sunday after
concerned residents reported

SEE page 10
















Mother an
toddler sno



THE FOX HILL CONGOS take oak in the Emancipation Rush Out i in Fox Hill The event took place in the
early hours of Monday morning. *° SEE PAGE SIX FOR MORE PHOTOS

THIS LITTLE boy listens in to the Royal Bahamas Police Force Band in
Fox Hill on Saturday. * SEE PAGE SEVEN FOR MORE PHOTOS

VERA LAELIA POA
Coral Harbour













Ginn Sur Mer

developers to
make ‘difficult
decisions’ after
missed deadline

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

IN A move that could have
serious.consequences for Grand
Bahama, developers behind the
Ginn Sur Mer project, have
announced that they will have to
make “difficult decisions relating
to the management and over-
sight” of their property in West
End after again missing a dead-
line set by their money lenders.

While it was not confirmed yes-

‘ terday, there is a possibility that
the lenders behind the $675 mil-
lion loan that backs part of the
company’s Grand Bahama prop-

rye TIM Oh
et K OI Cty s

drug smugglers
Be orarciac
be Bahamian

DRUG smugglers trans-
porting 33 bricks of mari-
juana worth up to $400,000
flashed a Bahamian driver’s
licence at Miami police offi-
cers before getting away.

The three men on a 20 to
25 ft speedboat were pulled
over by the Bay Harbour
Islands marine unit when
seen speeding through an
idle zone north of Haulover
Cut, off the coast of Miami,
Florida, at around 7pm on
Saturday.

When an officer asked

SEE page 14







erty as well as three other Ginn
properties in the United States
may foreclose on the four prop-
erties in view of the missed dead-
line.

Development companies affil-
iated with Bobby Ginn had been
given 30 days — until Thursday,
July 31— to work out a solution
to their financial woes after
defaulting on a loan repayment
on June 30.

The month long period was
intended to give them time to
restructure their loan and work
out a new payment plan, thereby
avoiding foreclosure on their

SEE page 10

Activist claims
Albany could
have impact on
water supply

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

ACCESS for Bahamians to a
consistent and affordable water
supply could be threatened if
Albany goes ahead, an American
environmental activist has
warned.

According to Samuel Sage, the
Environmental Impact Assess-
ment on the proposed luxury
development does not include evi-
dence of developers considering

its longterm impact on New Prov-

idence’s fresh water supply.

In an interview during a visit
to Nassau this weekend, Mr Sage
said that as far as he is concerned
water is the most important issue

SEE page 14

Claim that case has not yet been
brought to court four years
after $12,000 paid to lawyer

@ By MEGAN REYNOLDS
Tribune Staff Reporter

A GRANDFATHER claims he paid $12,000 to suspended lawyer
Andrew Thompson to take up his case four years ago, but it has not yet

been brought to court.

Willis Knowles, 81, of Chippingham, said he has been chasing Mr
Thompson to complete the quieting of his land in Tarpum Bay,

Eleuthera since 2004.

When The Tribune published the report yesterday that Mr Thomp-
son, a lawyer in his father James Thompson’s law chambers on First

SEE page 10




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PAGE 2, TUESDAY, AUGUST 5, 2008

THE TRIBUNE





LOCAL NEWS 2 !



ABOVE: Lenjohn Van Der Wel on board the 40 ft monohull Class 40
sailboat.

RIGHT: Lenjohn and Peter Van Der Wel on the deck of their boat. The
pair will leave Nassau and head to Portugal for the Global Ocean
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Brothers take to the waves
for the Global Ocean Race

HB By MEGAN REYNOLDS
Tribune Staff Reporter

BRAVE brothers are setting
sail from Nassau to Portugal today
in preparation for the Portimao
Global Ocean Race, their first
sailing race around the world.

Lenjohn and Peter Van Der
Wel, yacht captains in Nassau with

a passion for sailing, will sail the
40 ft monohull Class 40 sailboat
they had built for the race from
Portimao in Portugal to South
Africa, New Zealand, Brazil and
South Carolina before returning
to Portimao once again.

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During the 174 days they will
spend at sea, the South African-
born Dutch brothers will cross the
icy and treacherous Southern
Ocean known as the “roaring for-
ties” owing to the high winds and
large waves as winds blow around
the globe unimpeded by any land
mass, and temperatures’ drop
below 5 degrees centigrade.

Helicopters and rescue boats
will not be able to reach them as
they sail from continent to conti-
nent for up to 42 days at a time,
and the only support they will
have at sea will be from the other
13, or fewer, boats competing in
the race. eo

Lenjohn, 40, said: "We have
each sailed about 25,000 miles,
but we have never actually sailed
around the world. I am very cau-
tiously optimistic. It is a dangerous
thing we are doing but we would
not do it if we didn't think we
could."

The $750,000 boat has been
built and modified to withstand
the impact of hitting an iceberg
or a whale, as two global sailors
have done before, with three inner
walls and a watertight hull. And
should the sailboat flip upside
down, there is an escape hatch at
the rear.

Peter said: "Because the waves
are so big, when a gust of wind is
very strong, we could get knocked
down so the mast will hit the
water. And if we get things wrong
the boat can roll upside down, so
we have special hatches to crawl
through the bottom of the boat."

Notwithstanding survival
mechanisms, the Van Der Wel
brothers want to do well in the
race, so to keep their speed up
they must keep their weight down,
and endure further hardships.

They will survive on a diet of
dehydrated “space food”, carry
only eight litres of water a day,
and even.cut their toothbrushes
in half to lighten the load. As they
will be burning around 4,500 calo-
ries a day they each expect to lose
around 10 Ibs per leg of the race,
and therefore pick up speed.as
the race progresses.

They will each take only the
one pair thermals, a warm mid-

_ Pair to leave Nassau for round the world event

dle layer and waterproofs to wear,
and do their best to keep dry as
waves lap over the side of the sail-
boat. /

"Once we get wet we're done,"
Lenjohn said. "The gear we wear
is very uniquely designed, it is
almost like a space suit, so you do
stay dry: But we are perspiring as
well, and when you get wet your
body temperature drops, which
can be very dangerous."

Sleep deprivation is another
major challenge for the sailors,
who will only be able to catch 10
or 20 minutes of sleep on a bean
bag or cot every hour or two,
depending on the conditions.

The boat is fully equipped with
solar panels, internet access, and
two satellite phones. They will
access weather reports three times
a day and keep track of the other
boats, as well as communicate
directly with a weather router on
land who will help them plan the
shortest, quickest route each day
according to weather conditions.

In between each race the
brothers will stop for two to three
weeks in port where they will
revive their energy and supplies.
for the next journey, spending a
total of 89 days on land in the
eight month race which ends on
June 21, 2009.

"For us, we will be in our ele-
ment," Lenjohn said. "Because it
is the best feeling you will ever
experience."

The wide sailboats used in the
Portimao race are part of the
fastest growing monofleet in the
world, newly designed to race
downwind at up to 32 knots, as
fast as an intrepid powerboat, and

‘up to nine knots upwind. The Van

Der Wel's boat will be one of the
widest in the race at 13 ft wide.
The Tribune will be tracking
their progress as the Van Der Wel
brothers sail around the world.
Although they have received
some sponsorship to build the
boat, the race will cost the Van
Der Wal's another $250,000 to
compete, and they are appealing
for further sponsorship.
To track, support or sponsor
the Van Der Wel brothers log on
to www.vanderwel-racing.com.

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info@cfal.com



THE TRIBUNE

LOCAL NEWS

TUESDAY, AUGUST 5, 2008, PAGE 3





Drug arrest
mate at
Lucayan
Harhour

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

FREEPORT - A drug
arrest was made at Lucayan
Harbour on Friday when a
male passenger allegedly
attempted to smuggle several
packages of marijuana
onboard the mailboat, mv
Fiesta.

According to reports, the
suspect — a 31-year-old male
resident of Carmichael Road,
New Providence — jumped
overboard into the sea to
avoid discovery of the drugs
and capture by police.

Chief Superintendent of
Police Basil Rahming said the
incident occurred around
10.55pm on Friday while pas-
sengers were being screened
to board the mv Fiesta for
New Providence.

Mr Rahming said a male
passenger, who arrived at the
checkpoint, refused to allow
the security officer to search
his travel bag.

The security officer alerted
a police officer. As the officer
approached the man, he sud-
denly jumped overboard into
the sea with his travel bag.

Supt Rahming said the offi-
cer received assistance from a
BORCO tugboat crew and
was able to pull the man and
his bag from the water. During
a search of the bag, five taped
plastic packages, containing
marijuana, were discovered.

The suspect was arrested
and taken into custody at the
Drug Enforcement Unit.

Formal charges are expect-
ed to be filed this week.

Police find
out-of-season
crawiish _
worth more
than $41,000

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

A 47-year-old man has been
taken into custody in connec-
tion with the discovery of
more than $41,000 worth of
out-of-season crawfish.

Police found the 3,200
pounds of illegal catch a day
before the season opened —
on July 31 — after executing a
search warrant on a home in
Stafford Creek, Central
Andros.

The owner of the home is
expected to appear before the
local magistrate as early as
tomorrow.

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Ve brief GOVT TO REACT SOON TO ’BRILANDERS’ COMPLAINTS ABOUT ‘LITTLE Harr

Minister: We will deal with illegal
immigration in Harbour Island

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

STEPS will soon be taken to deal
with the illegal immigration “situa-
tion” in Harbour Island — although it
must be remembered many Haitians
live and work there legally, Minister of
State for Immigration Branville
McCartney said Friday.

Mr McCartney had been asked
whether the Immigration Department
was likely to react to complaints by
some "Brilanders, who allege that their
community is becoming like “Little
Haiti”, with a dangerous “Haitian
mafia” from Abaco infiltrating the
island and committing crimes.

Locals claimed in July that the num-
ber of immigrants on the island is
“multiplying uncontrollably.”

They accused government of “turn-
ing a blind eye” to the problem.

Mr McCartney said: “(’Brilanders)
have been calling in (and) we will be
dealing with that situation. Just as we



have started to deal with the situation
in New Providence, we will be dealing
with the situation in Harbour Island.
“But again remember, they may say
there are a number of illegal — and
they mention Haitians — but the fact



“... we will be
dealing with that
situation. Just as we
have started to deal
with the situation in
New Providence, we
will be dealing with
the situation in —
Harbour Island.”

Branville McCartney



Ye

of the matter is there are a number of
legal Haitians there as well. So you’ve
got to bear that in mind.”
Emphasising his point, Mr McCart-
ney said that at an Immigration Board
meeting he would be taking part in

that morning — a weekly event — he.
anticipated the “majority” of applica-
tions for work permit renewals set for
review “will be from Haitians” living
and working across the Bahamas. '

“It’s like that,” he said. “I'll be doing
that for the rest of the day.”

Despite this, Mr McCartney said that
an immigration team “will be moni-
toring Harbour Island to make a deter-
mination” as to what action to take.

He encouraged any persons wishing
to work in the Bahamas to “comply
with the law.”

“Just come the right way. Make the

. application. The answer will be ‘yes’ or

‘no’, if it's ano you have a right to say
can it be reconsidered. But please
come the right way.”

Mr McCartney was speaking at a
press briefing on Friday.

He called on all Bahamians to help
stem the tide of illegal immigration,
stating, “If we don’t arrest this problem
we will have difficulties in the future.
We are having difficulties now.”

BSA rites w Cem ece te
with utmost dignity and respect’

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

IMMIGRATION officers
have been told that illegal immi-
grants entering the Bahamas
are to be treated with the
“utmost dignity and respect”,
Minister of State for Immigra-
tion Branville McCartney said
on Friday.

“T have indicated to the offi-
cers of the Immigration Depart-
ment in particular that we
expect nothing less in that
regard,” Mr McCartney said
during a press briefing about
the work his department has
been doing to combat illegal
immigration.

“We must always remember
that although people may be
coming here illegally they are
coming here because of cir-
cumstances in their home. They
are coming here because of
depressed circumstances and
they are to be treated with
respect.”

Mr McCartney made the
statement as he thanked the
police, the Defence Force and
Immigration officers for their
work towards ensuring the suc-
cessful capture of almost 300
illegal Haitians caught trying to
land off South Beach, New
Providence.

He said that he was particu-

‘larly pleased with the “human-

itarian actions” taken by some
of the officers towards the
Haitians, many of whom were
suffering from dehydration and
other ailments stemming from
their long voyage on the packed
vessel.

While one repatriation flight
took place this week to take
some of the boat’s occupants
back to Haiti, some still remain
in the Detention Centre.

Mr McCartney said that prior
to being forced to leave the



Three Haitians arrested at Grand
Bahama International Airport

@ By DENISE MAYCOCK

Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - Three Haitians were arrested at Grand
Bahama International Airport after arriving on a flight from

New Providence.

Chief Superintendent of Police Basil Rahming said two
Haitian women, both 38 years old, and a 41-year-old Haitian
man, had disembarked from a Western Air flight around

7.55pm on Friday.

He said it was discovered that the individuals had entered
the Bahamas illegally. They were then turned over to immi-
gration officials for further investigation.



country all of the immigrant
were “checked thoroughly to
make sure that they were not
refugees”, which would have
given them the right to seek
political asylum in this country
rather than face deportation.
Asked then whether the
Immigration Department had
addressed concerns raised in the
2006 United States Human

Rights report that the Bahamas ©

government failed to “screen
potential asylum applicants ade-
quately”, having insufficient
Creole-speaking immigration
officers, Mr McCartney and his
colleagues, including Immigra-
tion Director Vernon Burrows,
laughed.

“We have more people here
who speak Creole than speak
English,” the Minister joked.

Questioned as to whether this
was the case ‘because the
Department had acted on the
points raised in the 2006 report,
or whether it showed that the
criticism was unfair, Mr
McCartney said, “It wasn’t fair,



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it wasn’t fair.” The report had
stated: “Local-and internation-
al human rights observers criti-
cised the government for fail-
ing to screen potential asylum
applicants adequately. These
organizations claimed that some
Haitians with a legitimate fear
of persecution were repatriat-
ed without having the opportu- S
nity to make a claim for asy- \ Oe 5 ce
lum. ,

“There were insufficient Cre-
ole-speaking immigration offi-
cers, and Haitian migrants often
were unaware of their right to
claim asylum, resulting in limit-
ed requests for asylum screen-
ing. In addition those requesting
asylum screening often lacked
access to legal counsel.”

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PAGE 4, TUESDAY, AUGUST 5, 2008





The Tribune Limited

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

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

SIR ETIENNE DUPUCH, Kt.,
(Hon.) LL.D., D.Litt. ,

O.B.E., K.M., B.C.S.G.,

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
Switibwaed (News, Circulation and Advertising) 322-1986

Advertising Manager -

(242) 502-2352

Circulation Departme: ( - (242) 502-2387
Nassau Fax: - (242) 328-2398
Freeport, Grand Bahama: 1-(242)-352-6608
Freeport fax: (242) 352-9348



a

Bahamas not ‘honeymoon hell’

BAHAMAS branded a ‘honeymoon hell’ —
British newspaper warns about rising murder
rates.

This was The Tribune’s headline on Friday.

It was the assessment given the Bahamas —
not by The Tribune — but by The Daily Tele-
graph, London’s leading broadsheet with a cir-
culation of about 2.66 million.

Some Bahamians were shocked by the head-
line. This was the reaction The Tribune hoped
for, because when people are shocked they tend
to resolve to de something about the problem.

However, what was not intended was that
anyone should think that by The Tribune toning
down its headline the problem would go away.
That’s the very attitude the London newspa-
pers have accused this country and other
Caribbean resorts of doing — managing to “play
down their frightening crime rates.”

We were told that our headline would have
the shock value of frightening away American
tourists — our main bread and butter. We were
told that the headline would do a tremendous
disservice to tourism, especially in the US. They
forget that The Tribune is not writing for the
American market, nor even the British mar-
ket. We are writing for Bahamians. We are
informing Bahamians of how others in the world
see us. We are trying to shock them into indi-
vidually taking responsibility for changing this
country’s image. If it takes shock treatment to
get a reaction and change, then we shall con-
tinue to shock. It is now up to Bahamians to
turn the negative into a positive.

The Tribune is not yet on the web and so
the Americans who would read our newspaper
and be influenced by it are already in the
Bahamas. They would know from their experi-
ence that, although like every country in the
world, Britain included, the Bahamas has a

« crime problem, that problem — as far as the
Bahamas is concerned has been exaggerated
. by the British press.

For example, London’s respected Econo-
mist magazine in its January edition reported a
week after 11 villagers were murdered in a small
town in Guyana that the “prosperous Bahamas
is far more dangerous than impoverished
Guyana.”

Any American living or visiting here and
reading The Tribune will know that although
the Bahamas’ crime rate is unprecedented for
the Bahamas, it is nowhere in the same league
as either Guyana or Jamaica, or any of the oth-
er “where-not-to-go” Caribbean islands men-
tioned in the UK reports.

If anyone of these Americans reading the
Tribune’s Friday headline decides not to return
to the Bahamas, it will not be because of the





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headline, but because of the treatment he or
she has:received from some Bahamian who has
not lived up to the reputation this country has of
having “friendly, lovely people.” And now with
such adverse reports about us, these are the
“friendly, lovely people” who are going to have
ta come out of hiding and shine.

However, The Daily Telegraph is on the
web and what we published locally for our read-
ers is only a small part of what the world —
not just England, or the United States — is
reading about us. What Bahamians should be
worried about is the 2.66 million Daily Tele-
graph readership, not The Tribune’s — by com-
parison — limited readership.

The bad press that started the focus on
Caribbean resorts was the murder of a British
doctor and her husband on the last day of their
two-week honeymoon in Antigua. This mur-
der had nothing to do with the Bahamas, but
every British editor is very aware and disturbed
by the handling of the Paul Gallagher case,
which did happen in the Bahamas. It was the
case of the accidental death of a small child
who was killed by a runaway jet ski as he slept
at his mother’s side on a Bahamian beach. The
British press do not think that the Gallaghers
gat justice at the hands of our legal system.
They believe that that tragic case was badly
handled in the Bahamas.

We agree. We were in London when the ver-
dict in the Gallagher case came down. We
believe this case is going to haunt us for many
years. This is the case that will lurk in the back-
ground and will continue to create a percep-
tion with which our tourism officials will have to
wrestle. This is the case that wrapped its ugly
arms around our country and drew it into the
Caribbean crime report.

If America’s economic downturn continues it
will only be the monied American who will be
able to afford to come to the Bahamas.

Like America the Bahamas will have
to Europe to feed its tourist industry.

Because of the strong euro, Europeans are
flocking to the US to take advantage of the
weak dollar. They should be flocking to the
Bahamas for their vacations.

Former police commissioner Paul Far-
quharson now High Commissioner to the Court
of St James in London should be briefed with
hard facts with which to have a frank discussion
with these Fleet Street editors. It certainly won't
change our crime figures, but it will put them in
p rspective and help editors understand that
the Bahamas is not yet anyone’s “hell hole”.
He should also be briefed on the Gallagher
case, because he might also face some uncom-
fortable questions.

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EDITORIAL/LETTERS TO THE EDITOR

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THE TRIBUNE



A possible
solution to
straw market

ilemma

EDITOR, The Tribune.

Please allow me space in
your most valuable paper to
express a concern of mine and
to offer a possible solution to
same.

The Bahamas Straw Mar-
ket like any other living, grow-
ing, breathing entity has done
just that, it has outgrown itself.
The Straw Market, due to
market forces, has outgrown
itself. It has literally grown up
and has become a:new entity
all its own.

That is not to say that it is
not any longer a useful com-
modity in this new Bahamian
society. No, what that is to say
is that it is simply a different
kind of commodity that must
of necessity be explored and
considered exactly for what it
is, and how it can best contin-
ue serving the vendors and the
tourist trade in the country.

What is to say that we can-
not have both, the Straw Mar-
ket in its existing entity and
the Craft Market as it now
exists?

I personally say, the more
the merrier. More money
being made in the country for
all concerned, more places for
the tourists to visit, more
options for them to spend
their money on and everyone
is happy. Wouldn’t you say?

And seeing that the origi-
nal Straw Market as we now
see it today, due to the relent-

LETTERS

letters@tribunemedia.net








lessness and steadfastness of .

the straw vendors themselves
causing tourists to recognise
such a market as a_ viable
attraction, I do not feel that
the vendors should be penal-
ized for trying to diversify
their businesses and thereby
earn more money for their
families.

After all, they were the trail
blazers who made the possi-
bility of a strictly craft market
feasible or possible.

We as a people are always
quick to try and get rid of the
old for the new — we often
times are just too willing to
throw away the baby with the
bath water, and to simply for-
get the bridge that landed us
safely. We generally need to
change this perception for
without Our past in tow, we
are headed into the future
without our base or our roots
so to speak, once again.

And I feel that is a serious
mistake on our part to con-
sider doing so.

We as a people must not
forget an all too present past
and we should refuse at all
cost to repeat the mistakes of
our fore-parents.

This country, its resources
and potential are more than

cue for all of us and we
must find a way to co-exist in

- it, without feeling that we have

to buy each other off, so that
we could get on shore.

There is enough for every-
one always, and we all played
a part in our country to this
point, and I see no reason why
we should not go on doing
what we do best. Survive, and
if I do say so myself, survive in
style together.

I suggest that the govern-
ment instead of building one
market, build two.

Use the same money previ-
ously allocated and build two
scaled down versions of the
market; allowing those who
only*want to sell Bahamian
craft to use one — calling it
the Bahamian Craft Market,
and the other for those more
enterprising to use the other
as a form of “flea market” —
selling tourists items imported
from anywhere — because as
I see it a sale is a sale, and
there is obviously a need for
such items internationally as
it is a vibrant concern as it
stands.

I feel such a decision would
satisfy all concerned, while
instantly diversifying further
our tourist trade.

Just my humble opinion.

ELIZABETH
FORBES-MOXEY
Nassau,

July 26, 2008

Don’t Let The Sun Go Down On Me:
my poem to mark Independence Day

EDITOR, The Tribune.

Please publish my poem
about the Bahamian flag —

Don’t Let The Sun Go
Down On Me. It was written
in celebration of Indepen-
dence Day, July 10:

By Dominic Abnel Bain

Don’t let the sun go down
on me

I am the flag of your coun-
try

Its protocol,
respect from all

I deserve

ENCLOSED

iy

Oakes Field

1 SE EO |

You can do most anything
But do not let the sun go
down on me.

Don’t let the sun go down
on me

I am the flag of your coun-
try

Don’t fly me torn

Don’t fly me worn

Don’t fold. me wrong

For you to do such a thing

Is like the sun going down
on me.

Don’t let the sun go down
on me

I am the flag of your coun-
try

Don’t let me touch the
ground

And cause me to be burnt

For you to do such a thing

Is like the sun going down
on me.

© Don’t let the sun go down
on me

I am the flag of your coun-
try

Don’t fly another flag high-
er than me

On the soil of my country

For you to do such a thing

Is like the sun going down
on me.

Don't let the sun go down

on me

try
Represent me well

Show your Bahamian pride»

I am the flag of your coun-

Wherever in the world you .

oO
go

thing

For you not to do such a,

Is like the sun going down

on me.

‘Don’t let the sun go down °

on me
I am the flag of your coun-
try

Parliament, please preserve ;

my history

My colours are black, aqua-
marine and gold

Displaying anything else

Is like the sun going down
on me.

Teach me well
For generations to come
Preserve July 10, 1973

Independence was about ,

me
racy
thing
The sun will go down on

me.

Nassau,
July, 2008

Happy 60‘ Birthday Sharon
with love from your family

:
3
=
‘
i
:
i
i



ce

as
2% WRAAn SR

Majority Rule and Democ-

For you not to do such a |



THE TRIBUNE

TUESDAY, AUGUST 5, 2008, PAGE 5



DM ne a aa a ae
Even para

YOUR SAY



In brief

PLP chairman
CXPPreSses
condolences

to family after’

drowning

PLP CHAIRMAN Glenys :
Hanna-Martin has expressed :
condolences on behalf of her :
party to the family of Bishop :
Harcourt Pinder on the tragic }
drowning death of his daugh- :
ters and granddaughter in Long :

Island.

“The Progressive Liberal :
Party extends its collective :
heartfelt condolences to Bishop :
Harcourt Pinder and Mrs Pin- :
der and his entire family on the :

tragic loss of their beloved Faye,

Renee and Deidre,” she said in }

a press statement Friday.

“Bishop Pinder has con- :
tributed greatly not only to the :
Church of God but to our :
nation and has advocated Chris- :
tian faith and Christian love all :
of his adult life to the greater :
good of our people. We pray :
now that God will keep him and :
his family through this time of :
personal :

tremendous
upheaval.”

Last Wednesday Rev Pin- :
der’s two daughters and a :
tragically :
drowned at a family picnic at }
Dean’s Blue Hole, Long Island. }

The three were wading in :
shallow water off Dean’s Cay :
when one of them accidentally :
fell into the blue hole.and could :
not get out. The other two went :
All three }
drowned. They were: Renee }
Pinder, 41, vice consul attached }
to the Consulate in New York; :
Faye Major, 45, on the staff of :
the Auditor General’s office in i
Grand Bahama, and her, 14- }
year-old daughter, Deidre :

granddaughter

to her rescue.

Major.

Investigation
reveals arson
cause of fire
at gymnasium

FREEPORT - Police inves- :
tigations have discovered that :
arson was the cause ofa fire at :
Total Body Fitness Gym early ;

Thursday morning.

According to reports, the fit-
ness facility suffered $10,000 in ;
damage to the building and gym :

equipment.

Chief Supt Basil Rahming :
said Police Dispatch Centre ;
received a telephone call :
around 1.58am from an uniden- :
tified man who reported seeing :

fire inside the gym.

Two fire units responded. :
Firemen observed flamés in the }
north-west section of the :
weights room. They were able :
to extinguish the blaze 15 min- :

utes later.

Investigations are continuing. :

Three bodies
suspected of
heing more

victims from

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

WITH the discovery of three
decomposing bodies off Mar-
shall Road, police suspect they
have found yet more victims
from the attempted landing of a
Haitian sloop off Marshall Road
last week.

The bodies, all male, were dis-
covered on Friday morning, one
at around 10am, and two more
nearby at around 11am, police
said.

Autopsies will now be con-

ducted to determine the cause of

death. If the bodies are deter-
mined to have been drowning
victims from the ship, it would

bring to nine the total number of

Haitians so far found to have
died during the landing.

About 300 Haitian immi-
grants attempted to enter New
Providence last Monday when
the wooden sloop on which they
had sailed from Haiti was
grounded in the South Beach
area.

Immigration and defence

force officers were tipped off
about the approaching vessel by :
residents at around 6am, leading

to the detention of the majority.
However it is still unknown how
many of the boat’s occupants
possibly drowned when they
leapt into the water before
authorities arrived.

rae atey a
Pate Ua

TT
PHONE: 322-2157



@ By J. RICHARD
BLANKENSHIP

Jou ADAMS, second
President of the United
States, once said, “Facts are stub-
born things; and whatever may
be our wishes, our inclinations,

or the dictates of our passion,’

they cannot alter the state of facts
and evidence.”

As I speak with leaders of the
Bahamas, both in government
service and private sector, a sense
of futility seems to prevail, upon
whatever the subject of our .dis-
cussion may be focused. The
same can be said of my exchanges
with those whose daily labours
seem to forever fall short of all
reasonable expectations for the
changes that accompany the tran-
sition of a developing country to
that of a mature country in which
meritocracy is truly the determi-
nant of prosperity. I found myself
profoundly discombobulated.
What tragic circumstances can
these disconsolate sentiments be
ascribed? I began to yearn for
the casus belli.

Sustainable development had
seemingly been firmly established
in all but the smallest of the “fam-
ily islands”. Correct? The truth is
NO! Sustainable development
requires more than just the mon-
ey of swash buckling capitalists
to whom risk is as comfortable as
the evening breezes for which the
Bahamas is so famed. It requires
sacrifice, forbearance, patience
and above all else the willingness
of all to not only establish, but to
continuously improve, a system
of government which is capable of
viewing the duties, obligations,
and rights of all people as inalien-
able, revered and inviolate.

Bahamians should ask why the
pillars of sustainable development
do not exist. We live in paradise.
We have free, fair, frequent elec-
tions and a parliamentary democ-
racy. Is that not.all we as citizens

answer my friends is again,
emphatically, NO!

You should expect govern-
ment to provide a fully function-
ing educational system providing
your children with the necessary
tools to compete with students
from all reaches of the globe.
Recent statistics do not show this
happening, neither the FNM nor
PLP has made significant strides
qualifying your children for the
advanced studies necessary to
bring the Bahamas jobs which
form the foundation for sustain-
able development.

| he United States Consti-

tution provides among
many things, the right to “life, lib-
erty and the pursuit of happi-
ness.” The citizens of the
Bahamas are entitled as well to
demand an end to the exponen-
tial growth of violent crime and
the heinous treatment of inno-
cent children. If the police are
not capable of providing safe
neighbourhoods, the Government
should not be surprised if these
same neighbourhoods form their
own protective groups. These vig-
ilante organizations will be the
origin of gangs and violence
beyond control of police. Police
are unable to function in an envi-
ronment of contempt for their
authority. The source of this deri-
sion must be discovered and
purged.

Euripides once observed,
“Wealth stays with us a little
moment if at all: only our charac-
ters are steadfast, not our gold.”
America's appetite for illicit drugs
has provided two generations of
Bahamians with a means to mate-

are empowered to demand? The

BTC officials: no reports at Internet
problems causing chaos at Passport Office

@ By LISA LAWLOR

BTC officials claim they received no reports of problems with their
internet service causing chaos at the Passport Office last week.

This follows claims from angry members of the public awaiting doc-
uments on Thursday, who said they were told the system failure at the
office was due to a problem with BTC.

And, an official at the Passport Office initially told The Tribune that
the system crash was due to BTC, but later called to retract this state-
ment and blame the situation on an internal problem.

On Friday, a messenger from the Passport Office could not confirm
what aspect of the system was down, but said it was not internal..

Then he said it was not external.

The Passport Office was in a state of “chaos” Friday witnesses said
— after the computer malfunction caused the already large crowd wait-
ing for their travel documents to spill over into the parking lot.

As summer travel dates approach, more and more Bahamians have
been gathering at the office trying to get their passports in time to make
their flights. Most say they put in applications months ago and now risk
cancelling their vacation plans and losing money, all because of the
office’s inefficiency.

The Tribune received a call from an angry source outside the office,
who said that computer failure had caused the already slow system to
grind to a complete halt, and that an irritated crowd was gathering out-
side the office.

However, the source later claimed that after he was overheard by
officers calling The Tribune, the persons outside were gathered into the
office, where they continued to sit and wait in vain.

These complaints come five weeks after the last time a backlog was
reported, at which time Foreign Affairs Minister Brent Symonette
told The Tribune that the passport office was seeking to ease the
"summer issue" by increasing staff at the department, extending the
office's working day by two hours, and maybe even working on week-
ends.

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rial goods and wealth unknown
to their peers; creating all too
often the worship of false gods
and idols. Compassion is unnec-
essary for the purveyors of this
scourge, many Bahamians have
died.and more are doomed to
lives of depredation as a conse-
quence of desire for instant grat-
ification. Reputations of the
Bahamas and its wonderful peo-
ple have been denigrated. It is
no longer sufficient to cast blame
upon the United States. Those
deemed responsible must no
longer be allowed to occupy pub-
lic office or remain free to bring
more injury to the innocent.
Lastly, as the Bahamas
approaches globalization, recog-
nition of its responsibilities as a
nation which has. chosen to ratify
treaties, join international orga-
nizations and participate in multi-
lateral negotiations concerning
the fate of other nations, must be
accompanied by an acknowledg-
ment of momentous commit-
ments to citizens of all countries.
Those seeking political asylum
are entitled to protection just as
those who are victim of genocide.
Those who invest in the future of
the Bahamas should be welcomed
and not be concerned that a por-

tion of the risk assumed includes -

the loss of their capital by devious
actions. I once sat with a Bahami-
an friend of the best nature enjoy-
ing the evening breeze when he
shared this advice, “I would like
to make a toast to lying, stealing,
cheating and drinking. If you're
going to lie, lie for a friend. If
you're going to steal, steal a heart.
If you're going to cheat, cheat
death. And if you're going to
drink, drink with me.” He
remains a very fond friend who
has served his country well and
shall remain nameless, lest I sully
his reputation!

Paradise is not lost, sometimes
circumstances require friends to
suggest, “Lift up your head to the
rising sun, Bahamaland, 'til the
road you've trod lead unto your
God, March on Bahamaland.”

May God bless the United
States of America, the Common-
wealth of the Bahamas and its
people.




Size 5 - 11

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° J. Richard Blankenship was.
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the Commonwealth of the
Bahamas in 2001 and served
until 2003.

He is a graduate of Florida
State University and The Har-
vard Kennedy School of Gov-
ernment.

He is currently writing The
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PAGE 6, TUESDAY, AUGUST 5, 2008 THE TRIBUNE

HAVING A BLAST:



GETTING IN THE RHYTHM: The Shell Saxons Super Stars took patti in the Eman-
cipation Junkanoo performance.





: be Mee from
ug Ist 6 ecu

at, ee : ALL DRESSED UP: Yesterday's Junkanoo extravaganza provided plenty of colour
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THE TRIBUNE . IUESVAT, AUGUD I 9, ZUU0, FAUL +



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THE POLICE
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PAGE 8, TUESDAY, AUGUST 5, 2008

THE TRIBUNE



Ohama embraces some offshore drilling

@ LANSING, Mich.

BARACK OBAMA put forward
a broad energy plan Monday
designed to end U.S. reliance on
imported oil within 10 years and
shore up his standing amid a tight-
ening White House race and high-
anxiety over gas prices, according to
Associated Press.

Obama's proposal, though,
includes two significant reversals of
positions he has taken in the past: He
had steadfastly fought the idea of
limited new offshore drilling and was



against tapping the nation's emer-
gency oil stockpile to relieve pump
prices that have stubbornly hovered
around $4 a gallon.

work on hybrid cars and renewable :

energy sources.

"Breaking our oil addiction is one :
of the greatest challenges our gen- :
eration will ever face," the Illinois :
Democrat told a supportive audi- :
ence as he embarked on a week to }

focus on energy issues.

TENDERS FOR

Customs Clearance &
Delivery Services

The Bahamas Electricity Corporation
invites Tenders from eligible bidders for
Customs Clearance & Delivery Services

to and from:

(1) Docks

(2) Ai

rports & Post Offices.

Bidders are required to collect packages
from the Corporation’s Administration

Office, Blue

Hill & Tucker Roads by con-

-tacting Mrs. Delmeta Seymour,
~ Telephone No. 302-1158.

Tenders are

to be delivered on or before

July 31st, 2008, 4:00 p.m.
and addressed as follows:

~ Mr. Kevin Basden
oo General Manager
Bahamas Electricity Corporation

' Blue

Hill & Tucker Roads

Nassau, Bahamas

Marked: Tender No. 672/08

Custom

s Clearance & Delivery

Services to and from Docks

Marked: Tender No. 673/08
_ Customs Clearance & Delivery
Services to and from Airports & Post

_ The Corporation
the whole or suc

Offices
reserves the right to accept or reject
h part of any Tender the Corporation
deems necessary.



ANDRE,
SCHOOL

iH

Ex

eK

The lnterwatiunat School of The Ualearias
FOUND ts





LOCAL NEWS



Police determining validity of

In a speech in Michigan, the :
Democratic presidential nominee in:
waiting also endorsed long-term :





young ofticer’s threat claim

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

FREEPORT - Commis-
sioner Reginald Ferguson said
police are trying to determine
the validity of a complaint that
was filed against two police
officers who are being accused
of threatening to kill a young
fellow officer.

The young police officer,
whose identity is being with-
held, has claimed that an
Inspector and a Corporal have
publicly threatened to have
him killed.

House

He says he is living in fear
and barely leaves the confines
of his house.

Fearing for his life and that
of his family, the young officer
shared his story with The Tri-
bune in hopes of getting some
justice. So far, no charges have

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

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



been filed against the two
accused officers.

Commissioner Ferguson,
who was in Grand Bahama on
Friday to close an anti-cor-
ruption seminar for senior
officers, was asked about the
status of the young officer’s
complaint.

“IT know of it and J believe
it is in Complaint and Cor-
ruption Investigative Unit.

“We are following a certain
investigative process to have
us determine the validity of
the complaint or alleged
threats, and then we decide
the course of action,” he
said.

“Tam not in a position to
say exactly what the status is
on that, but certainly that is a
process we have been follow-
ing.

And if we find that it neces-
sitates any action, then we will
jump into action with various



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degrees of initiatives to deal
with such threats.”

Mr Ferguson said that if
evidence exists to substanti-
ate the complaint, then it war-
rants both criminal and disci-
plinary action.

Rights

He said a police officer has
the same rights as any other
citizen in the Bahamas.

“Ifsomeone makes a threat
against you, you have a right
to make a complaint and
we will have it properly
investigated so the law can
take ils course,” said Mr Fer-
guson.

According to previous
reports, sources have alleged
that the two accused officers
have been brought to the
attention of the Commission-
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THE TRIBUNE

TUESDAY, AUGUST 5, 2008, PAGE 9



New Breast Centre
opens at Centreville
Medical Pavilion

BREAST cancer detection in the Bahamas has been made eas-
ier by the newest addition to the Centreville Medical Pavilion —
The Breast Centre — officially opened on Thursday, July 31.

Mrs Stephanie Siegel, wife of US Ambassador to The Bahamas
Ned L Siegel, remarked on the initiative, saying that at the begin-
ning of their post here, she and the ambassador made it their first
priority to join the fight against breast cancer.

They began working with Bahamian medical oncologists, sur-
geons and radiologists; the Ministry of Health; Sister Sister; the Can-
cer Society; two physicians from the University of Miami and
Susan G Komen of The Cure after discovering that inherited
genetic factors were playing a large role in the development of
breast cancer in the Bahamas.

In the study it was found that there is a higher incidence of
breast cancer stage three in young women in the Bahamas than in
the US.

Mrs Siegel herself learned that — "like thousands of other
women across the US, The Bahamas, and the world" — she had
breast cancer.

Her own diagnosis "has only strengthened my conviction to
forge ahead on the path of fighting breast cancer here in The
Bahamas, the path that the Ambassador and I chose over a year
ago," she said.

The Breast Centre has been operating digital mammography
with their new, state-of-the-art "Fischer Seno-Scan" machine since
June, 2008. It is widely accepted to be the very best system in
catching the early development of breast cancer

Dr Arthur Porter, managing director of The Cancer Centre
said: "Recent studies prove Digital Mammography to be 28 per cent
more effective than conventional analog film for women under
50" and the New England Journal revealed that "digital has much
better contrast resolution."

He said that he is tired of hearing that the Caribbean does not
need the very latest in technology, and in this case, the country is
up with leading ones like America, Canada and Britain.



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Bahamas real
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i0, TUESDAY, AUGUST 5, 2008

FROM page one

properties,

However, the-Thursday dead-
line came and went without the
Ginn affiliates concluding the
issue with their lending syndicate
as was hoped.

On Saturday the North Caroli-
na-based Winston-Salem Journal
reported that Ginn Clubs &
Resorts continues to negotiate
with its lenders to reach a solution
to the situation.

Last week Tribune Business
said that it understood that about
half of the land ear-marked for
the Ginn Sur Mer project in West
End comes under the umbrella




een enti msn
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ae | Case claim
FROM page one

Terrace, Collins Avenue, had
been ordered to repay
$200,000 of client debts, he
said he would also pursue the
attorney for a refund. .

Mr Knowles said he had
retained Mr Thompson in
2004 to arrange the quieting of
his land in Tarpum Bay,
Eleuthera, which he has been
trying to protect since 2000.

He said he had paid for Mr
Thompson to visit the site
with him and his’ grandson,
Jelani Cartwright, after sack-
ing his previous lawyer who
had brought the case to trial
stage for a $32,000 fee.

However, he claimed that
he and his 29-year-old grand-
son have been chasing Mr
Thompson to complete the
case ever since.

"I went up to his office
wasting my gas on numerous
occasions and the office was
locked. I knew something
wasn't right," he said.

Mr Knowles believes the
stress of the situation has
exacerbated his diabetes,
which caused him to have his
leg amputated in 2006.

He said: "I engaged him for
$6,000, then he requested
another $3,000, and another
$3,000, but he didn't do any-
thing.

"He took it over at the trial
stage to conclude the matter,
and now it is still at the trial
stage, eight years later."

Andrew Thompson was
suspended from practising at
the Bahamas Bar for six
months from July 17 by a dis-
ciplinary tribunal and ordered
to repay $200,000 of client fees
by September 18, or be dis-
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Woyoy:\ i | =i" ae ve

Ginn Sur Mer developers

of the defaulted loan.

Prime Minister Hubert Ingra-
ham claimed last week that the
infrastructure work and golf
course development at the site

will not be impacted by the com-

pany’s loan default, as money was
already escrowed in the bank to
cover this work.

This meant that Ginn had been
able to “ring fence” these funds
so that they cannot be “called in”
by the lenders.

However, it is not clear to what
extent the default and subse-
quently the failure to restructure
the massive loan will impact the
rest of Ginn’s plans.

It has been suggested that
lenders behind the $675 million
loan may be negotiating with

_Ginn Clubs & Resorts to take a

stake in the $4.9 billion Grand
Bahama project in return for wip-
ing out the company’s debt, but
this has not been confirmed.

The Tribune attempted to
reach representatives of Ginn Sur
Mer yesterday for comment, but
an e-mail was not returned. Mes-
sages left for Minister of State for
Finance, Zhivargo Laing, and MP
for West End Obie Wilchcombe
were also unreturned. .

“Although negotiations with
the lending group have been
ongoing and are continuing, our
agreement did expire,” Robert
Gidel, the president of Ginn
Clubs & Resorts, said in a state-
ment released to the Winston-
Salem Journal, in North Carolina,
on Friday.

“Negotiations for a resolution
are continuing, and at this time,
we remain optimistic that this
credit facility will be restructured
in a manner beneficial to all par-

lies,” he said. A credit facility is a
type of loan.

Mr Gidel added, however, that °
the failure to reach an agreement
on the loan means that it will
affect the Grand Bahama prop-
erty, as well as the Laurelmor
resort in North Carolina, and the
Tesoro and Quail West resorts in

“Florida. :

Mr Gidel previously put the
company’s inability to meet the
June loan repayment down to the
“ongoing slowdown in the resi-
dential real-estate market.”

The slower than expected sale
of homes, needed to fund the
development’s future expansion,
has apparently hit the develop-
ers hard.

Ginn Sur Mer sits on 1,957
acres of oceanfront property in
West End, Grand Bahama.

The planned 4,400 condomini-
um and hotel units, centred on a
20-storey tower with 1,800 single
family residence sites, were
expected to inject hundreds of
millions of dollars into Grand
Bahama’s sluggish economy.

Last week Minister of State
Zhivargo Laing said he was aware
of the fact that Ginn had missed
the initial June 30 loan payment,
but had no further information
on the situation.

The MP for Marco City, Grand
Bahama, expressed hope that the
project would still move forward. .

“The reality is, if you have an
economic activity that is proposed
for an island — especially an
island with economic challenges
like Grand Bahama — it’s helpful
for those projects to go forward.
Ginn being what it is, and as size-
able as it is, it would be impor-
tant.”

Mother and toddler shot

FROM page one

seeing a man carrying a gun in Ridgeland Park, Independence

Drive.

Police officers who quickly arrived at the scene claim a man
pointed a .357 handgun containing six rounds of ammunition in
their direction before they fired at him several times, shooting

him in the leg.

The man was taken to Princess Margaret Hospital where he

is currently in stable condition.

In a separate incident, officers from Central and Southern
Police stations responded to an emergency call from a con-
cerned resident who reported seeing a gunman in Odle Street
Corner, off East Street, at around 6pm on Saturday.

Officers searched and arrested a 34-year-old man in the area.

He will face charges in Magistrate’s Court today, accused of
carrying a .357 handgun containing five rounds of ammuni-

tion.

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THE TRIBUNE

TUESDAY, AUGUST 5, 2008, PAGE 11



@ By SIR RONALD
SANDERS

(The writer is a business
consultant and former
Caribbean diplomat).

| OURISM to Antigua
and Barbuda has suf-
fered a serious blow from the
tragic killing of British doc-
tor, Catherine Mullany, and
the serious injury to her hus-
band, Ben, as they honey-
mooned at a hotel. At the
time of writing Ben Mullany is
critically ill in intensive care.

The incident was widely
reported internationally and
became a topic for discussion
on many Internet “chat” web-
sites. Headlines in British
newspapers severely damaged
the image of Antigua and Bar-
buda which relies on tourism
for more than 70 per cent of
its GDP.

Those headlines read:
“Antigua has murder rate
three times higher than New
York”, “Antigua Honeymoon
Murder: Beware the Perils of
Paradise”, and “Caribbean
Shooting: How safe is
Antigua?”

Understandably, the story
raged in the British media for
days. This was a young cou-
ple on their honeymoon who
had not yet seen their own
wedding photographs. They
were due to return to the UK
the next day to start a life
together, and from all
accounts they suffered an
unprovoked attack in their
hotel in the early hours of the
morning.

It will be some time — and
only with hard work in the
tourism marketplaces — before
Antigua recovers from all the
unpleasant publicity.

The region as a whole is a
casualty of this awful tragedy
which unleashed headlines
around the world that high-
lighted the word “Caribbean”.

The entire affair under-
scores the fragility of the
tourism industry, and the
absolute necessity for small
countries to care for it in all its
aspects far more than is
required elsewhere. Tourism

‘to the’ US or the UK would
not suffer from the murder of
two tourists; indeed the atten-
tion that such an incident
would receive from the media
would be perfunctory and
short-lived. Not so, for small
countries particularly when
citizens of big countries are
involved.

The impression created by
the media coverage of the
Antigua tragedy is that
tourists are targets of crime.
Of course, this is simply not
true. In Antigua, for instance,
it has been 10 years since a
tourist was killed, and the inci-
dents of homicide involving
tourists in the entire region
are few and far between.

Violent crime in the
Caribbean is a far greater
problem for the resident pop-
ulation. A UN report says the
region has a murder rate of

30 per 100,000 inhabitants —
four times the North Ameri-
can figure and 15 times the
average for Western and Cen-
tral Europe. Homicides last
year were 1,547 in Jamaica
(population 2.5 million), 388
in Trinidad and Tobago (pop-
ulation 1.5 million), 19 in
Antigua (population 75,000)
and 3 murders in 4 days last
November in St Kitts (popu-
lation 40,000). -

These figures do not reflect
robberies and rapes that have
also become prevalent in
many Caribbean countries.
The same UN report says that
assault rates in the region are
significantly higher than the
world average.

The very geography that
makes the Caribbean a desir-
able destination for tourists
also accounts for its attraction,
as a transhipment point, to

drug traffickers who move '

cocaine from the supply mar-
kets in South America to the
demand markets in North
America and Europe, bring-
ing a proliferation of illegal
weapons into the region for
distribution to their foot sol-
diers.

Beyond that, years of
neglect by the US in terms of
investment and official devel-
opment assistance and the
worsening terms of trade with
the European Union (EU), as
well as their refusal to support
the case for special and dif-
ferential treatment for the
Caribbean in international
institutions such as the World





Bank and the World Trade
Organisation, have con-
tributed to rising unemploy-
ment, more poverty, a drop in
real earnings and a conse-
quential increase in crime.
The deportation of crimi-
nals from the US, the UK and
Canada has also not helped
the crime situation. Official

reports claim that only a small

number of these deportees
were convicted of violent
crimes ignoring completely
that it doesn’t take more than
a handful of experienced crim-
inals to wreak havoc in small
countries with tiny security
forces and limited resources.

At the end of the day, the
problem of crime in the
Caribbean is intrinsically tied
to the need for economic
development and internation-
al assistance. Interdiction of
drug traffickers in Caribbean
waters by UK and US coast
guards is extremely important
to help stem the tide of crime
related to drugs, but it isn’t
enough.

Caribbean governments
themselves also have to do
much more. Using the crimi-
nal justice system to convict

and imprison offenders is one
part of the answer but not all
of it. While police forces have
to be strengthened and better
resourced to prosecute crime,
preventative measures are also
critically important, and these
include practical programmes
to engage young men espe-
cially by re-education and
training-and creating produc-
tive employment for them. It
is a task in which governments
need the active participation
of their opposition political
parties, the private sector and
trade union groups.

It would also be beneficial
if Caribbean governments
could each make the leap to
pooling the management of
violent crime into a Caribbean
Crime Council vested with the
legal power to deploy security
forces within each country,
and to negotiate assistance
from the international com-
munity.

Violent crime has been
affecting investment in the
expansion of existing busi-
nesses and the establishment
of new ones in several
Caribbean countries for more
than a decade. The UN sug-

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gests reduction in violence for
Haiti and Jamaica could boost
annual economic growth per
capita by 5.4 per cent.
Guyana and the Dominican
Republic would also benefit
with potential growth rate
increases of 1.7 per cent and
1.8 per cent, respectively.
Attacks against tourists are
reprehensible, and the tragedy
in Antigua is a terrible event.



HE

ALITY

But, they are part of an over-
whelming problem of violent
crime in the Caribbean that
requires governments to
develop comprehensive
responses both nationally and
regionally, and, having done
so, to act on them.

Responses to:
ronaldsanders29@hotmail.com







~ BESIR Ronald Sanders































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PAGE 12, TUESDAY, AUGUST 5, 2008

THE TRIBUNE

LE acu (a
Minister touts marketing
potential of junkanoo

Llonella Gilbert/BIS



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- (2) Blue Hills Powe Station.
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Bidders are 5 required to collect packages ‘tom the
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@ By LLONELLA GILBERT

MINISTER of State for Culture
Charles Maynard said the Bahamas
can be marketed as more than a
place where visitors can experience
sun, sand and sea, noting that pack-
ages can be offered for tourists to
come and enjoy the major
Junkanoo parades, the Junkanoo
summer festival, or community fes-
tivals that highlight the art form.

He said this feature is a direct
result of the trip taken by a 33
member Junkanoo group, which
took England by storm as they per-
formed at various festivals and con-
ducted workshops, July 3 - 21.

They performed in the Isle of
Wight (IOW), Henley, Little Chal-
font, London and the historical
town of Hastings.

“This trip,” Mr. Maynard said,
“has tantalised the taste buds of a
whole new category of people who
up to this point knew very little
about the Bahamas.”

He said judging by the types of
questions the Junkanoo troop
received about the Bahamas, many
individuals still know very little
about the country despite the fact
the Bahamas has been marketing
itself for many years.

Mr. Maynard also noted that
there have been a number of cul-
tural exchanges this year which he
believes have proven to be very
lucrative for the country. He said
however that it is impossible for
the government to fund such pro-
jects year-round without help from
other sectors of the society.

“But you know it is one of things
where we have to start it first; we
have to prime the pump, and so I
think a lot of partners in the
tourism industry could be sold now
to the idea ‘that it is something
worth supporting.”

Mr. Maynard added that as a
result of the visit to London there
are offers from France and Italy to





THE 33 MEMBER Junkanoo Group ended:a 21 day tour of England with two performances at St. Leonard’s Festival in
Hastings, a historical town. Wherever the group performed people could not get enough of the Junkanoo beat.

participate in some of their festi-
vals, and there are also plans for
Junkanoo to return to the United
Kingdom next year.

The Arts Council of England
sponsored the trip and Quentin
“Barabbas” Woodside and
Angelique McKay, project man-
ager for both initiatives and man-
ager of the National Junkanoo
Museum of The Bahamas both
played an instrumental part in get-
ting both initiatives off of the
ground.

Partnering with the Council was
the Ministry of Sports, Youth and
Culture, the Ministry of Tourism
and a private donor.

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Ms. McKay said the trip more
than lived up to her expectations.

“One of the things I found,” she
said, “was as the group performed
more and more, they got to feed off
the energy and excitement of the
crowd — the music got tighter and
tighter.

“They started even doing rou-
tines with their performances; so
it has lived far beyond what I
expected it would be.”

The project manager added,
“We expect we will be invited back
to everyone of the festivals we par-
ticipated in as well as other festivals
that would have had hey persons
attend the various festivals and see
what it is that we do as it relates to
the Junkanoo performances.

“So we expect that invitations
will come by leaps and bounds.”

Ms. McKay explained that the :

Minister of State for Culture always
talks about Junkanoo artisans and
performers being able to make a
living out of the Junkanoo art form.

“We have representatives in
both A and B categories across the
board in various sections and you
would have heard the nay-sayers
saying that ‘you selected this per-
son, they are not the best in their

particular area’.

“But you know it is not only
those that are the best,” she said.
“Jt is persons who you know could
follow certain rules and understand
the role they play within a group.”

Barabbas had the task of choos-
ing the Junkanoo performers and
artisans who went to the UK.

He said the trip was really hard '
on the Junkanooers. “It was very
hard on the brass lips and hard on
the fingers of the drummers and
cowbells; the costumes had a rough
time.

“If I was a millionaire, I would
give each of them a million dollars
because they really deserved it.”

He explained that news travelled
swiftly in the areas where the group
performed, so people turned up in
droves.

As a result, Barabbas said, “I

think we opened the gates. People
are going to be looking for
Junkanoo.
. “They are going on the Internet
trying to find out how they can get
this Junkanoo. Be ready, because
we: havesbeen promoting it-as
Bahamas/Junkanoo. So other
groups will have an opportunity
like I have now.”

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FROM page one

at stake as the exclusive project
moves ahead.

Mr Sage, a chemist by training
who has specialised in water and
hazardous chemical issues, has a
long history of campaigning on
water resources. He is the presi-
dent of New York-based envi-
ronmental organisation, Atlantic
States Legal Foundation, which
has done work all over the world
on environmental issues, as well as
being associated for many years
with country-wide environmental
organisation, the Sierra Club, as
an Executive Director.

Mr Sage, a former Executive
Director of U.S. environmental
organisation the Sierra Club, has
reviewed the Albany Environ-
mental Impact Assessment (EJA)
and is convinced Albany should
be, and could be doing much
more to protect the 500 acres they
will develop.

“J don’t think what they’re
doing is the best practice envi-
ronmentally. If they are doing the
best they are certainly not sharing
the data with the public, they are
not proving it,” said Mr Sage.

“T’m not saying they shouldn’t
build the resort, that’s the deci-
sion of the, people of the

Bahamas, but there are always ©

ways to be more benign to the
environment.”

Mr Sage said an appeal needs
to be made to Tiger Woods and
his co-dlevelopers to do what they
can to make the property a “gold
star” resort environmentally.

Albany's million dollar homes,
canal and marina will sit on what
has been identified by experts as
Nassau’s most plentiful fresh
water repository. The “ground-
water lens” is a layer of fresh
water that collects around five feet
below ground, made up of rain
water that has sifted through the
soil and gathered there.

Currently the Water and
Sewage Corporation relies on
groundwater wellfields for some,
but not all of the water it supplies,
with the rest being shipped in
from Andros, or created through,
the desalination of seawater by
reverse Osmosis.

Groundwater can become con-
taminated with run off from
above, or by an influx of salt water
from the ocean, making it unus-
able unless treated.

Mr Sage and other environ-
mentalists are concerned the
development will compromise the
lens in some way and it will be
very costly, in terms of money and
energy, or simply impossible for it
to be saved.

“One shot of money that comes
into Bahamian economy isn’t

LOCAL NEWS _

THE TRIBUNE



Activist’s Albany claims

going to do people any good if
they don’t have water to drink,”
he said.

Run off from the golf course, or
any other contaminant that might
trickle through the ground from
the development could ruin the
water. The canal which Albany
plans to cut through the beach so
that its residents can moor their
yachts inside its marina close to
their homes may “puncture” the
lens, allowing salt-water intrusion.

And whether or not any of
these scenarios become a reality,
there is the extra demand for
water by hundreds of additional
wealthy people to consider, at a
time when New Providence is
already struggling to meet
demand.

Greater demand for water sup-
plies from new residents will
increase the risk of groundwater
contamination.

Mr Sage added: “New Provi-
dence already suffers from a lack
of water. You’re already import-
ing water. As temperatures get
hotter, people will use more water

..it behooves the government to
be as conservative as possible in
dealing with these water
resources.”

The activist suggested equip-
ment to enable Albany residents
to reuse their water should be fit-
ted.

And he, like others, has sug-
gested building a marina that
floats outside the development to
avoid dredging an inland channel
which could damage the resource.

But if this does not happen, an
independent monitoring team
should be put in place to check
for contamination of the ground-

water as Albany progresses.

Mr Sage says he sees “a lot of
gaps” in Albany’s EIA, even
though it has now been accepted
by the government and approvals
given,

“What is said a lot in the EIA
is, ‘We will mitigate as best we
can, etc.’ As best we can is not
good enough. They shouldn't say
they will ‘seek to minimise’ their
impact on the environment.

“They should say ‘We won’t do
it.”

The United Nations has warned
that freshwater supplies are dwin-
dling globally, with the potential
to cause severe pollution, species
loss and food insecurity — leading
to malnutrition and disease.

A 2004 Water Resources
Assessment by the US Army
Corps of Engineers said that
freshwater resources in the
Bahamas are finite and vulnera-
ble, and stressed that regulating
and protecting them is essential.

“Water availability (in the
Bahamas) is so low that it is con-
sidered ‘scarce’ according to Unit-
ed Nations criteria,” it said.

The report warns ignoring over

‘exploitation will have severe

repercussions, such as health
issues from water-borne diseases
and much greater water costs.

Messages left for Albany’s
Managing Partner Christopher
Anand and Water and Sewage
Corporation General Manager
Godfrey Sherman were not
returned yesterday. Minister and
Minister of State for the Environ-
ment, Earl Deveaux and Phenton
Neymour were unavailable to
comment on the issue as The Tri-
bune went to press.

Police in US search for drug
smugglers heliever to he Bahamian

FROM page one

the driver to show identification he presented a Bahamian dri-
ver’s licence identifying himself as Kendrick Anthony McQueen.

Officers ordered the men to dock the boat nearby, but they sped
off, Bal Harbour Police spokesman Captain Greg Roye said.

A short chase followed, ending at a nearby jetty where the
three men were seen jumping from the boat.

Five suitcases packed with 33 bricks of marijuana, worth a street
value of $300,000 to $400,000, were found on the boat.

The Bay Harbour and Bal Harbour police departments are
working jointly in the investigation and are still searching for the
three men who are believed to be Bahamian.

The Royal Bahamas Police Force’s Assistant Commissioner
Raymond Gibson said authorities in the United States had not as
yet contacted Bahamas Police about the incident.

Anyone with information is asked to call Bal Harbour police in
the US at telephone 305-866-5000. .

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> In brief

Oil prices
drop nearly
$4 after storm
threat eases

m@ NEW YORK

OIL PRICES plunged to a
three-month low Monday,
briefly tumbling below $120 a
barrel in another huge sell-off
after Tropical Storm Edouard
seemed less likely to disrupt oil
and natural gas output in the
Gulf of Mexico, according to
Associated Press.

Crude’s steep drop — prices
fell more than $5 at one point
during the day — dragged
down other commodities from
corn to copper and mimicked
the big nosedives of the past
three weeks, adding to grow-
ing beliefs that the oil bubble is
running out of air.

Also weighing on prices
Monday was a report by the
Commerce Department that
consumer spending fell in June
as shoppers dealt with higher
prices for gasoline, food and
other items. That fed ‘investors’
expectations that a U.S. eco-
nomic slowdown is sharply
curbing U.S. demand for fossil
fuels.

Light, sweet crude for Sep-
tember delivery fell $3.69, or
2.9 percent, to settle at $121.41
a barrel on the New York Mer-
cantile Exchange. It was crude’s
lowest settlement price since
May 5. Earlier, prices plum-
meted to $119.50, the lowest
level since May 6. Crude has
now fallen in six of the last nine
sessions and has shaved 18 per-
cent off its trading record of
$147.27 reached July 11.

The dramatic dive came after
traders learned that Edouard,
aiming for the coasts of Texas
and Louisiana, likely would not
damage offshore oil and natur-
al gas drilling platforms that sit
in the storm’s path.

Natural gas futures also fell
sharply, dropping 66.3 cents, or
7.1 percent, to settle at $8.726
per 1,000 cubic feet. And gaso-
line futures fell 8.41 cents, or
2.7 percent, to settle at $3.0002
a gallon. Other commodities
including gold, copper, corn
and soybeans also traded lower.

“That has taken a lot of pres-
sure off the market. It looks
like the thinking is that we
dodged another bullet,” said
Phil Flynn, analyst at Alaron
Trading Corp. in Chicago.

- Still, oil market traders
expressed surprise that a poten-
tial hurricane in the Gulf cou-
pled with escalating tensions
with Iran didn’t send prices
higher — an almost certainty
just a few weeks ago.

“Any market that really
doesn’t respond to seemingly
bullish news is often a tip off
that we’re going lower,” said
Jim Ritterbusch, president of
energy consultancy Ritterbusch
and Associates in Galena, Ill.

He and other analysts have
predictec that, barring any sur-
prises, crue could tilt toward
$100 a barrel by the end of the
year.

“People are looking for any
excuse to sell oil right now,”
Ritterbusch said.

Meanwhile, retail gas prices
kept falling, reflecting the con-
tinuing price-driven drop in
USS. fuel demand. A gallon of
regular gas fell on average
about half a penny overnight
to $3.881.

Gas has fallen 5.6 percent
since hitting an-all time high
above $4 a gallon on July 17,
but so far hasn’t kept up with
oil’s steep descent, suggesting
struggling filling stations
are still saddled with gas bought
when crude prices were
higher.



Helicopters to attempt
rescue of climber on K-2

Avalanche
leaves at

least nine —
mountaineers
missing and
feared dead

m@ ISLAMABAD, Pakistan

HELICOPTERS flew to the
world's second-highest mountain
Monday to try to rescue an Italian
climber stranded after an avalanche
at more than 26,250 feet left at least
nine mountaineers missing. and
feared dead, according to Associated
Press.

Two rescue choppers took off from
Skardu, the town nearest K-2, on a
mission to rescue Marco Confortola,
who is suffering from ''serious frost-
bite,'' said Ilyas Ahmed Mirza, an
official at the Askari Aviation heli-
copter service.

The helicopters will also evacuate
four other climbers who returned to
a base camp on K-2, Mirza said.

The reported toll of nine dead
from the avalanche was the highest
from a single incident on K-2 since at
least 1995, when seven climbers died
after being caught in a fierce storm.

A total of 22 people, mostly for-
eigners, in eight different groups
scaled K-2's summit on Friday, said
Nazir Sabir of the Alpine Club of
Pakistan. It remained unclear how
many climbers were still on the
mountain.

K-2 is regarded by mountaineers



Zeenshan Mehdi/AP

DUTCH CLIMBER Las Van De Gevel poses
for a photo at a hotel after leaving the mili-
tary hospital where he was taken after
being rescued from K-2's base camp, in
Skardu, Pakistan, Monday, Aug. 4, 2008.

as more challenging to conquer than
Mount Everest, the world's highest
peak.

As the mountaineers made their
way down, the avalanche cut ropes
used to cross a treacherous wall of ice
some 1,148 feet below the 28,250-
foot summit, sweeping some climbers
to their deaths and stranding others
at a height where they would likely
succumb to exposure, Sabir said.

Accounts varied on the number of
dead and how they, died. Local army
spokesman Maj, Farooq Firoz
declined to provide a figure before
authorities had spoken with sur-



DUTCH CLIMBER Wilco Van Rooijen pos-
es for a photo at a hotel after leaving the
military hospital where he was taken after
being rescued from K-2's base camp, in
Skardu, Pakistan, Monday. :

a
vivors.

But Sabir said nine people died in
the avalanche. Included in that num-
ber, were two rescuers — a Nepalese
sherpa and a Pakistani porter — who
survivors said fell to their death.

Mohammed Akram, vice president
of the Adventure Foundation of Pak-
istan, a nonprofit organization, said
one rescue team dispatched Sunday
had reached a Dutchman and an Ital-
ian suffering from frostbite and were
helping them down toward a camp
at an altitude of 21,325 feet.

He said helicopter crews spotted
survivors, but could not pluck them
to safety because the air is too thin

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THE TRIBUNE TUESDAY, AUGUST 5, 2008, PAGE 15

INTERNATIONAL NEWS




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for them to operate so high.

The fixed-rope lines were strung:
across a point on the mountain:
known as ''The Bottleneck.'' Chris.:
Warner, an American who climbed..
K-2 last year, said it was the deadliest:
spot on the mountain and the fall:
from there down the south face is:
about 9,000 feet.

"You can see how for people who’
were exhausted, it would have been*
nearly impossible for them tos
descend without the ropes,'' said:
Warner. a

He said hope was fading for any-»
one still alive and separated from:
their group. ''Once their hands and!
feet are frozen, they really are unable:
to move on their own power, and if:
takes other people to carry them:
down,'' he said.

At 28,250 feet, K-2 stands about;
785 feet below Mount Everest, but is:

"phenomenally dangerous moun-:
tain,'' said Alan Arnett, who climbed:
a nearby peak with at least one of,
the missing climbers. D

Compared with Everest, "it's more;
technical, it's steeper, the weather is.’
more intense,'' he said. ~

About 280 people have summited”
K-2 since 1954, when it was first con-,
quered by Italians Achille Com:
pagnoni and Lino Lacedell. Dozens‘

_of deaths have been recorded since:

1939, most of them occurring during:
the descent. =

inthe Intemational
t and is calculated









PAGE 16, TUESDAY, AUGUST 5, 2008

Bin Laden
driver could
Stay indefinitely
at Guantanamo

B GUANTANAMO BAY

NAVAL BASE, Cuba

THE commander of the
Guantanamo Bay detention

center said Saturday he has
been researching new poten- ;
tial accommodations for :
Osama bin Laden's driver, :

who could be held here indef-

initely regardless of the ver-

dict at his war crimes trial,
according to Associated Press.

A jury of American mili-
tary officers is expected to

begin deliberations Monday
in the case of Salim Hamdan, :
a Yemeni who faces a maxi- :
mum life sentence on charges :
of conspiracy and supporting :

terrorism. .
Even if he is found inno-

cent, he may not leave this

U.S. Navy base. The military
retains the right to hold those

considered to pose a threat

to the United States — even

those who have been cleared

of charges at Guantanamo's
"military commissions."

The commander, Navy }
Rear Adm. David Thomas,
said he has been looking for :
the most appropriate facility :

to isolate prisoners who have
had their day in court.

''We would not house
someone who has finished the
military commissions process

back ... with the general

detainee population.
“They would be held sepa-
rate from the

new prison.

The tribunals’ deputy chief ;
defense counsel, Michael
Berrigan, said the possibility :
of acquitted men remaining :
confined here reveals the pro-

ceedings as ''show trials."'
''What's the purpose here?
Mr. Hamdan is going to be

held until the government :
wants to release him," Berri- }
gan said. ''It really has no con- :
nection to the underlying real-

ity."

er to face a U.S. war crimes
trial since World War II.



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Shrimps and Fries

B BEWING

TWO MEN rammed a dump
truck into a group of jogging
policemen and then tossed explo-
sives into their barracks Monday,
killing 16 officers in a restive Chi-
nese province bordering Central
Asia, the state-run Xinhua News
Agency reported, according to
Associated Press.

The attack in Xinjiang province
came just four days before the
start of the Beijing Olympics — an
event that has put security forces
nationwide on alert and that at
least one militant Muslim group
has vowed to disrupt. Xinhua, cit-
ing local police, called it a ''sus-
pected terrorist attack."

Meanwhile, about 20 people
angry about being evicted from
their homes in central Beijing
demonstrated Monday not far
from Tiananmen Square, saying
the Olympics should not curb
their legal rights.

The attackers in Xinjiang struck
at 8 a.m., plowing into the police-
men performing their morning
exercises outside a hotel next to
their paramilitary border patrol
post in Kashgar, Xinhua said.

After the truck hit an electri-
cal pole, the pair jumped out,
threw homemade explosives at
the barracks and ''also hacked the
policemen with knives,"' the
report said.

Fourteen died on the spot and
two others en route to a hospital,
while at least 16 others were
wounded, Xinhua said.

Police arrested the two attack-
ers, one of whom had a leg injury,
the report said.

The attack was one of the dead-
liest and most brazen in recent
years in Xinjiang province, where
local Muslims have waged a spo-
radically violent rebellion against
Chinese rule.

Local government officials
declined comment Monday. An
officer in the district police depart-
ment said an investigation had
been launched.

The exact location of the attack
in Kashgar could not immediate-
ly be determined. Kashgar, or
Kashi in Chinese, is the name of
an oasis town'that was once a stop



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INTERNATIONAL NEWS).

THE TRIBUNE

Attackers kill 16 police
at Chinese border post



Robert F. Bukaty, File/AP_

am



IN THIS June 18, 2008, a Chinese paramilitary officer keeps watch over spectators and journalists at Aitigar Square during the Olympic torch relay in -
Kashgar, Xinjiang province, China. Two men rammed a dump truck into a group of jogging policemen and then tossed grenades into their barracks
Monday, Aug. 4, 2008, killing 16 officers and wounding others in Kashgar in the China's restive Central Asian border province, the state-run Xinhua

News Agency reported.

on the Silk Road caravan routes
and lies about 80 miles from the
border with Pakistan, Afghanistan
and Kyrgyzstan.

Chinese security forces have
been on edge for months, citing a
number of foiled plots by Muslim
separatists and a series of bomb-
ings around China in the run-up to
the Olympics, which open Friday.
Last week, a senior military com-
mander said radical Muslims who
are fighting for what they call an
independent East Turkistan-in
Xinjiang posed the single great-
est threat to the games.

Xinhua said that Xinjiang's
police department earlier received
intelligence reports about possi-
ble terrorist attacks in the week
leading up to the Olympics by the
East Turkistan Islamic Move-
ment. The movement is the name
of a group that China and the U.S.
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In Xinjiang, a local Turkic Mus-
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chafed under Chinese rule, fully
imposed after the communists
took powet nearly 60 years ago.
Occasionally violent attacks in the
1990s brought an intense response
from Beijing, which has stationed
crack paramilitary units in the
area and clamped down on unreg-
istered mosques and religious
schools that officials said were
intiting militant action.

Uighurs have complained that
the suppression has aggravated
tensions in Xinjiang, making
Uighurs feel even more threat-
ened by an influx of Chinese and
driving some to flee to Pakistan

and other areas where they then *

have readier access to extremist
ideologies.



One militant group, the Turk-
istan Islamic Party, pledged in a
video that surfaced on the Inter-
net last month to ''target the most
critical points related to the
Olympics."

The group is believed to be
based across the border in Pak-
istan, with some of its core mem-
bers having received training from
al-Qaida and the Pakistani Tal-
iban, according to terrorism
experts.

Terrorism analysts and Chinese
authorities, however, have said
that with more than 100,000 sol-
diers and police guarding Beijing
and other Olympic co-host cities,
terrorists were more likely to
attack less-protected areas.

In Beijing, uniformed police

quickly surrounded the residen-

tial street where AP Television
News video showed the group of
protesters shouting about being

MeneaOL Een

kicked out of their homes and not
getting proper compensation. The
protesters had been evicted as ear-
ly as 2003.

The police officers did not
interfere, but women who said
they.were members of a neigh-
borhood committee pushed and
led the protesters away from the
area. Neighborhood committees
are not officially part of the gov-
ernment but work closely with
police and other departments.

China has stationed security
agents throughout the city to
watch for signs of unrest. Demon-
strations in and near Tiananmen
Square are rare and generally
stopped quickly by police.

It was not clear where the pro- *
testers were taken, and whether
they were detained. A duty officer
in the Beijing police news office
said he did not know what hap-
pened to them. .



| The Bahamas Blacticity Conpenation ("BEC") is extending: its dieadliive fen ssulemizaiom aft prapressalts

) Requests: for Prequalification documents er any

atheri

BRAC TI CUTTS SOE



@haramace



from Companies / Entities /' Firms ("Tandianans'")) wishing; to supply deniaall pawer fem:
renewaldle. sources om one of the islands willtiin BEC'S anes off supply tes:

Friday Septenther 12th, 22Qk

Renemalla Energy Finms, wishing to pre-qualify fan this pnejiectt stall! lee neqysineed! ta sutkesnitt
camprelensixe: details to allow the falliowing aneass to lhe exalisated:

i} Experience andi past penformance of the company am similian prejpatss,
il} Capability ofthe company te undiantake the project will nespact tm pensannall,
equipment, snuchine, enganization and financial nesauncess

nfanmatiom may be nadie ky emailiings:

\ | Alli proposal dacumants must he prepared im Eingllath andi exeny nequash made fian He pneeqyscalifiiarar-

| tian documents musk be: accampaniad by am application fee af USS NOD if applying fhann auntie
| the Bahamas and! B$50 if applying, fromm within the Bralhannass. Dexcusmeertts may lee sean bey eeliece.

bank account.

| deadline: specified above:

Kevin Bandas,

| tronic: mail, The mathad of payment willl he casth, castian’s check as wihe tranafias tt» a specified

Complitad decumants shalli ke dialivared! ta the falliawing; adidhess: ma liahen Ham 400 Raith om He

Tals: +1(242) 3022000 / Faz: +2 (242) TS-4BSz

| Attn: Renewable Technalagias Cammithes: (REC)

labsli Enveliagn:

Request For Prepesals: Renewalle nergy ~Power Gentratian

| The: Corperation: resenves, the: right ta nejecti any ar all) propasalts, Alli dieciticmss meade bey thee

[AAP TEE RAR DPD PRIS ENGI TESA SEES

Nee res ee RHE

carpanation; willl be: Hinall.

ED rE Pah aE S87)

6 SEV NAY ER EES



ath





TRIBUNE



- ‘progressively worse’

m By NEIL HARTNELL
Tribune Business Editor

trends for }
man yk
Bahamian |
businesses
have been |
getting “pro- |
gressively }
worse”, the:

Bahamas §
Chamber of

Commerce’s
president has
said, his own business having
gone from a 1 per cent increase
in January 2008 to a 10 per cent

SEE page 5B



* Chamber president
says business may have
‘underestimated’ rising
electricity’s impact on
consumers

* Own business has seen
sales go from one per
cent rise in January to 10
per cent decline in June

* Retail climate ‘brutal’, with
Pricebusters having very
difficult business model

* Economy unlikely to
improve until 2009
second half

BECon president ‘not
confident’ in Excise Tax

@ By NEIL HARTNELL
Tribune Business Editor

THE Bahamas Employers
Confederation’s (BECon) pres-
ident has told Tribune Business
he does not “have a great deal
of confidence” that the newly-
introduced Excise Tax would
protect the Government’s major
revenue sources from being

viewed as a protectionist trade -

barrier by the World Trade
Organisation (WTO).
Emphasising that his views
were his own, rather than
BECon’s, Brian Nutt said nei-
ther the Government nor the
private sector were ready for
the rules-based trading systems
set to be ushered in by full
WTO membership and the Eco-
nomic Partnership Agreement’s
(EPA) signing with the Euro-

pean Union (EU).

To prepare the Bahamas and
its tax system for the WTO, the
Government this year intro-
duced the Excise Tax to cover
its highest tax-earning imports,
in-a bid to protect them from
liberalization efforts.

Yet Mr Nutt said: “I don’t

‘have a great deal of confidence

in that Excise Tax being in com-
pliance with the free trade
objectives of the WTO....

“I can’t categorically say no,
but I kind of doubt that it will
be [OK]. That is something that
will be frowned on, and in order
to comply with our membership
in the WTO, we will have to
have some agreement on phas-
ing it out over time.

“We’re going to have to

SEE page 9B

Realtors having second
thoughts on EPA treaty

@ By NEIL HARTNELL
Tribune Business Editor

BAHAMIAN realtors are

having second thoughts about |

the benefits of signing the pro-
posed Economic Partnership
Agreement (EPA) with the
European Union (EU), amid
concerns that any wider eco-
nomic impact could negatively
affect real estate demand and
sales.

William Wong, the Bahamas
Real Estate Association’s
(BREA) president, said that
while real estate may have been
excluded from any liberaliza-
tion and opening up to Euro-
pean realty firms in the
Bahamas’ EPA services offer,
his concern was the potential
impact on the wider Bahamian
economy.

Attorneys concerned over
‘entire basis’ for nation to
sign agreement and commit
to ‘such a paradigm shift

in trade relationships’

As a result, he had asked oth-
er BREA directors to do their
own research on the EPA so
that “in a few days” the organ-
isation could public state its
position on the EU trade agree-

. ment.

“Just because we're OK does
not mean that everything is
hunky dory,” Mr Wong told
Tribune Business.

“I’ve been doing my own
research and asking around

SEE page 7B

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Sales trends getting Ex-BEC chair ‘totally opposed’ 7

AUGUST 5,



2008

ROYAL FIDELITY



Money at Work

NASSAU OFFICE

(242) 356-9801

FREEPORT OFFICE
(242) 351-3010

to privatisation ‘at this time’

@ By NEIL HARTNELL
Tribune Business Editor

former

Bahamas Elec-

tricity Corpora-

tion (BEC)

chairman is
“totally opposed” to its privati-
zation “at this time”, having told
Tribune Business that the state-
owned power monopoly just
requires “stronger leadership
and management” to be suc-
cessful.

Retired banker Al Jarrett,
who chaired BEC’s Board until
January 2005 under the former
Christie administration, said the
Ingraham government had
more important economic poli-
cy issues to deal with than pri-
vatizing BEC, as the Corpora-
tion’s woes would be addressed
if it “tightened up on spending”
and became more efficient.

Admitting that he was “some-
what surprised and shocked”
when the Prime Minister
revealed to Tribune Business
that the Government was look-
ing to privatise BEC once had it

completed the same exercise
with the Bahamas Telecommu-
nications Company (BTC), Mr

, Jarrett said there was the dan-
ger of “throwing the baby out!

with the bath water”.

This was because the BEC
privatization announcement
seemed to be a ‘knee-jerk’ reac-

tion to the Corporation’s pre- -

sent financial position and cap-
ital investment needs, he added,

rather than a considered poli-

cy position.

“I’m not anti-privatisation,
but you have to do it at the right
time,” Mr Jarrett told Tribune
Business. “I would be totally
opposed to privatizing BEC at
this time, because there are so
many things happening in our
economy and too many distrac-
tions. It has taken 10 years to
privatise BTC.

“T believe the Goveaancnl
has to allow BEC to become
more efficient by putting the
right people in there. If oil
prices become more stable,
BEC will stabilize and the fuel

surcharge will stabilize. We

don’t have to throw the baby

out with the bath water.”
More urgent economic prior-
ities for the Government, Mr
Jarrett suggested, should be
addressing the slowdown in the
general Bahamian economy and
foreign direct investment, plus
the fiscal deficit and national
debt.
While soaring global oil
prices have undoubtedly
impacted BEC’s cash flow,
working capital and profitabili-

ty, little attention has been paid -

as to whether the Corporation
could be run more efficiently
and its operating costs reduced.

Mr Jarrett said BEC needed

’ to “tighten up on what they

spend”, adding that he felt it
should not be investing more
than $25-$30 million in power
generation and distribution
capacity in any Family Island
because it would never receive a
return on thisinvestment.
“They did not implement the
road map that I left in place to
restructure BEC to make it
more efficient,” the ex-chair-
man said. Under his watch,
BEC had been profitable in the

Entrepreneur targets $500k profit in seven years

@ By NEIL HARTNELL
Tribune Business Editor

A BAHAMIAN entrepre-
neur, who is appealing to the

* Ministry of Finance over the

Government-sponsored venture
capital fund’s decision not to
provide the $68,000 in financial
backing he was seéking,
believes his business idea could
generate an aggregate $500,000
in net income during its first
seven years. .

The business plan for
Bahamas Hydraulics, a compa-
ny that Clever Duncombe and
his business partner, Andrew
Moxey, hope to create, project-
ed that the expanding construc-

‘tion industry could help it to

generate an aggregate of
$160,000 in net income during

its first three years.

Bahamas Hydraulics would
be involved in the construction

How do you attract and retain

of hydraulic hoses for heavy » trucks, dump trucks and others

equipment and industrial vehi-
cles, competing with the likes
of AID (Automotive and
Industrial Distributors) and
Caribbean Hydraulics. It would
also expand into other areas
such as air conditioning hoses
and propane lines

In his business plan, Mr Dun-
combe, who has embarked on a
campaign to obtain a reason as
to why his request for debt
financing was rejected by the
Bahamas Entrepreneurial Ven-
ture Fund, said few construc-
tion and heavy equipment com-
panies stocked spare parts and
kept repair technicians on their
payrolls.

This had created the oppor-
tunity for Bahamas Hydraulics
to exploit, the Ministry of
Works having estimated that
there were 6,186 industrial vehi-
cles — earth movers, garbage

- registered i in New Providence
in December 2007.

“Given the average age of the
vehicles currently registered, it
is assumed that one out of three
vehicles requires one service call
per month,” the business plan
said. “This generates an acces-
sible market of approximately
2,000 service calls each month

over the entire industry in New.

Providence.”

The forecast increase in con-
struction industry activity
(although not having material-
ized to date) stemming from
both government and private
sector investment projects was

likely to add to the ‘wear and ©

tear’ on these vehicles, giving

Bahamas Hydraulics “tremen-

dous growth potential”. .
“Financial projections out-

SEE page 8B

years 2003-2005, but there had
been much “wastage”, while |

monies owed to the Corpora-
tion remained uncollected.
Mr Jarrett added that BEC’s

expenditure had been reduced *

to $88 million in his last year as
chairman, a reduction on the
previous year’s $97 million. Yet

in the year after his departure, -
spending again rose to $121 mil-

lion. -






‘The Prime Minister previ- '

ously told Tribune Business that

BEC needed to invest $150 mil-
lion on infrastructure in Abaco -

and Eleuthera alone, with New
Providence requiring “hundreds
of millions” of dollars in new
investment.

Yet Mr Jarrett said that when

he left BEC in the 2005 first.
quarter, its capital expenditure

needs for New Providence and

the Family Islands combined

had been pegged at just $131
million.

Although unsure about
whether inflation and construc-
tion materials costs may have

SEE page 4B

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351.3010







PAGE 2B, TUESDAY, AUGUST 5, 2008

THE TRIBUNE ;





To advertise, call 502-2371

Legal Notice

NOTICE

NOTICE IS HEREBY GIVEN as follows:

(a) CENTURION FX FUND LIMITED is in dissolution under the
provisions of the International Business Companies Act 2000.

(b) The Dissolution of said Company commenced on August 1, 2008
when its Articles of Dissolution were submitted and registered by
the Registrar General.

(c) The liquidator of the said company is Lakeisha Collie of 2nd Terrace

West, Centreville, Nassau, Bahamas.

(d) All persons having Claims against the above-named Company are
required on or before the 2nd day of September, 2008 to send.their
names and addresses and particulars of their debts or claims to the
Liquidator of the company or, in default thereof, they may be excluded
from the benefit of any distribution made before such debts are proved.

AUGUST 5, 2008
LAKEISHA COLLIE

LLIQUIDATOR OF THE ABOVE-NAMED COMPANY



ACCOUNTING & SMALL BUSINESS
CONSULTING SERVICES

(over 25 years experience)









* Accounting records in bad shape?

* Need financial statements for the bank? (2-4 weeks)

* Need a business plan and financing proposal prepared?
* Need business licence prepared/certified? (1-2 weeks)

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* Business Debts Restructuring

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BUSINESS SEMINARS - REGISTRATION - $35
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F. A. HEPBURN & CO.
US) ACCOUNTANTS






Banking in the

public’s interest

At the end of last week’s col-
umn, I cited the case of a local
bank that refused to provide
services to the public unless one

had an account with their insti- :

tution. As a result of numerous
comments and feedback, I am
compelled to follow up on last
week’s article.

I consulted with a former
Central Bank governor, who
was adamant in stating that a
policy of only providing services
to account holders is not con-
sistent with the terms of their
license, as banks have a public
license and therefore an obliga-
tion to serve the public.

The irony here is-that the
issue at hand is not large, out-
of-the ordinary transactions, but
routine transactions. You ought
not need a bank account to, say:
break down large bills into

smaller bills, get a bank draft

or exchange currency for travel
for nominal amounts.

I fully understand and sup-
port the current anti-money
laundering (AML) and Know
Your Customer (K YC) regimes







Focus

i by Larry Gibson

that are required in today’s
world. However, it is unfair to
use AML/KYC compliance as
an excuse for the implementa-
tion of bad or inappropriate
policies.

Compliance is increasingly
being applied on a ‘risk-basis’,
and the potential exposure that
most micro transactions pose is
minimal.

In all of this, it is the ‘little
man’ that suffers as large seg-
ments of the Bahamian popula-
tion today remain ‘un-banked’.
There are many low income
Bahamians out there, existing
on the minimum wage or below,
who get paid weekly and do not
have any bank account whatso-
ever. Don’t they deserve the
ability to obtain some basic
banking services

Guise ne }




























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Financial

Proposed AES -
Contribution To
Slashing Polluti
How Burning

Help to Reduce BEC
Greenhouse Gases

International Airport

I received an e-mail from a
reader who had a similar expe-
rience at the airport in trying
to change a small amount of
Bahamian dollars into Euros as
he was travelling to Cuba for
medical treatment. He was

allegedly told that you need a°

bank account to exchange cur-
rency. It was only after pleading
his case that the teller used her
discretion and facilitated the
requested transaction.

This raises a much larger
issue. Upon inquiry, I was told
by a senior official that it was
that Bank’s “global policy to
reflect all cash transactions
through an account as part of
KYC”:

Somebody must be missing
something here. If a traveller
arrives here from London with
only sterling currency in his pos-

session and goes to this same.

branch to obtain local currency,
would he be turned away? Ido
not believe for one moment that
he would be turned away.
Clearly, he would not have an
account with that bank. Ifa vis-
itor can be served, then a
Bahamian must be served
under the same circumstances.

Further, as an economy that
exists on foreign investment and
tourism, is this the type of poli-
cy we want applied at our prin-
cipal port of entry? I travel all
over the world and I routinely
have to go into local banks to
do basic transactions... it is nev-
era problem.

There is only one bank at the
airport. If this is indeed the pol-
icy, then we need to ask:
“Should this sole concession
remain?” If the sole provider
at the airport does not wish to
provide this service, then per-
haps we should consider alter-
natives. In most modern air-
ports there are Money
Exchange Bureaus for this pur-
pose - at Heathrow Airport
there are dozens in Terminal 5
alone. The question is: Has



+ if
LT at

IK abu



¢ Sulphur Dioxide Reduction
A ninety-percent (90%) reduction totalling 2,000 tonnes.

¢ Nitrogen Oxide Reduction
A 2,000 tonne reduction from just under 3,500 tonnes to less
than 1,500 tonnes.

° Carbon Dioxide Reduction
The expected carbon dioxide reduction will be greater than
150,000 tonnes per year, which would lower the current BEC
emissions from diesel by approximately 27%.





thought been given to such facil-

ities after regular banking #

hours? If we truly want a mod-
ern international airport we
must have the necessary ser-
vices associated with a modern
airport.

Just one week ago we passed |

a resolution to raise up to $450

million for the redevelopment ,

of the Lynden Pindling Inter-
national Airport. Surely we can-
not be held hostage by one
bank with non-practical polices.

Conclusion

If vou have a license to pro-
vide certain services to the pub-
lic at large, you should not be
able to unilaterally apply arbi-
trary policies to the delivery of
that public service.

For instance, if the Govern-
ment decides that it is in the
public interest to have a bus
route from Downtown to Caves
Point, and you apply for and
are granted that route, you, as
the bus operator, cannot arbi-
trarily decide to turnaround at
Delaporte Point because you
feel like it.

Given the public policy impli-
cations of this matter, it might
be appropriate for the banking
regulatory agencies to investi-
gate. Until next week...

NB: Larry R. Gibson, a Char- *

tered 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 share-
holder of Security & General

- Insurance Company in the

Bahamas.

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

Ocean



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PRer Re

NAGE BPE

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THE TRIBUNE



BSN

Airline revenue yields

hit heights for Nassau

@ By NEIL HARTNELL
Tribune Business Editor

REVENUE yields on routes to Nassau
are higher than those obtained by US air-
lines on domestic and international routes,
notes attached to Prime Minister Hubert
Ingraham’s presentation on the $450 mil-
lion Lynden Pindling International Air-
port redevelopment have revealed.

A little-noticed attachment to the Prime
Minister’s House of Assembly presenta-
tion noted that airline revenues on routes
to Nassau were “relatively strong”, the
average yield being $0.18 per mile.

This compared to an average yield on
US domestic routes of $0.13 per mile, some
28 per cent less, and $0.12 per mile on US
international carrier routes — some 33 per
cent less.

Moving to rebut concerns over the pro-
posed 20 per cent across-the-board
increase in fees at LPIA, which was exclu-
sively revealed by Tribune Business and is
set to take effect this month, the Prime

Minister’s notes revealed that “current air-”

port charges are relatively low for inter-
national flights”.

LPIA’s charges were some 36 per cent or
$14 per passenger below the Caribbean
average, and 59 per cent or $36 per pas-

Masta



senger below the average in Miami and
Fort Lauderdale.

The notes added that an 873 per cent:

or $22 iricrease in fees at LPIA from July 1,
2007, onwards, had caused “no material
negative passenger impact” as air arrivals
were up 6.1 per cent between January-
March 2008.

The Nassau Airport Development Com-
pany (NAD), which operates LPIA via a
management/lease agreement with the Air-
port Authority and the Government,
requires some $430 million to finance the
terminal redevelopment, with some $80
million of that earmarked to refinance
existing debt.

For the first redevelopment phase, which
involves construction of the new US depar-
tures terminal, some $280 million is
required - $200 million for construction,
and $80 million to refinance existing debt.
When that is completed, the passenger
facility user fee is likely to increase from $5
to $7.50 for domestic travellers.

To enable NAD to maintain schedule
and get its project financing in place, all
government approvals must be in place by
September 30, 2008. And from a con-
struction perspective, all steel must be
ordered by November 2008, which requires
the financing to be completed by then.

Restaurants see business decline

@ By CARA BRENNEN-BETHEL
Tribune Business Reporter



RESTAURANTS are seeing a fall-off in
business as Bahamians from every walk of
life are being affected by the sluggish econ-
omy.

With people struggling to make ends
meet and cutting out non-essential services
and luxuries, many are choosing to eat out
less.

Steve Beneby, of Steve’s Café, located

’ on Robinson Road and East Street South,
told Tribune Business that his restaurant

_ has definitely seen a drop in the number of |,

‘customers dining in.
“Well, you do have this slowdown in the

ed

pa

ON-THE-SPOT |

economy, so people are spending less and,
in particular, they are buying less food and
cooking more, which is more economical
for them, I guess,” he added.

Mr Beneby said that like many other
businesses around the country, rising fuel
costs have hit his bottom line hard. “Every-
thing is going up, and BEC’s surcharge is
killing us, everyone is affected.”

Like other businesspersons, he said that is
a cost that has to be absorbed by the cus-
tomers, although his restaurant is hesitant
to increase its prices by too much.

The owner of the Souse House, a restau-

rant located on Wulff Road, explained that _,, one,dinner to share and asking you to put.,..,
“more food in, then asking for extra forks Ls
“paint

her business had also been affected,

She noted that it has been inereasingly 27 and plates;”the owner said:

ee i



difficult to price her food reflective of the
actual costs.

"You know how it is. People want 'to
complain if you add even a small amount
like 50 cents, and then when they are willing
to pay it they want you to give them more
food,” she said.

Additionally, she said that what she is
seeing is that her customers are still coming
to her restaurant, but they are buying less
than before.

"So what you are seeing is that they will
come in, but instead of buying two or three
dinners, like they used to, they are buying



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Location: Bacardi Road off Carmichael Road

single & multifamily lots
including:





Fax: 328-5498



Fax: 328-5498

Aug 9t

TUESDAY, AUGUST 5, 2008, PAGE 3B



ThePuii aed ha hy 68 ai
Hiyles ‘Hunks’ Adderty is no longer in anyway or form
associated with The Vendetta Group andl is no

longer permitted odo any form of business under said name,
The company will not he liable for any debts incurred

hy this person.

Must be able to work shifts;

(8am-4pm / 4pm - midnight / midnight - 8am).

Expereince is an asset.

Serious enquiries only
Tel: 325-5488 Mon-Fri 9am-4pm

Deli worker needed

Applicants must be able to work shifts
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PAGE.4B, TUESDAY, AUGUST 5, 200



Ex-BEC chair ‘totally oppos

FROM page 1B

contributed to the figures
unveiled by Mr Ingraham, who
was pegging BEC’s capital
needs at between $300-$500
million over the next three
years, Mr Jarrett said the sums
seemed high.

“They should spend no more
than $25-$30 million on any
Family Island plant, because
they can’t get the return,” Mr
Jarrett told Tribune Business.
“But you’ve not got business
persons making those decisions.

“To invest $80 million in
Abaco in plant at this time is
very high. I left a good road
map in place, and the cost of

plant in Abaco was $45 mil-
lion.........

“When looking at these kind
of investments in the Family
Islands, you’ll never get the
returns. The Family Islands will
never be economically viable
because you won’t have the
economies of scale to collect
returns on those investments.

“BEC does not have the
capacity to borrow half-a-bil-
lion dollars. Even if they had it,
they shouldn’t be doing it,
because the Family Islands have
never been profitable. Eighty-
five per cent of BEC’s revenues
come from New Providence and
Paradise Island, with 15-20 per
cent coming from the Family

Legal Notice

~ NOTICE ,

INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

RAYDEN ASSOCIATES LIMITED

In Voluntary liquidation

Notice is hereby given that in accordance with Section 137
(4) of the International Business Companies Act (No. 45 of
2000), RAYDEN ASSOCIATES LIMITED has been dis-
solved and struck off the Register according to the Certificate
of Dissolution issued by the Registrar General on the 20th day

of June,-2008.

MARK JAMES SHORTLAND
Vannin, Fairy Cottage
Laxey, Isle of Man

IM4 7JB .
Liquidator

MANAGER

Owner of small
Family Island Hotel & Marina
is seeking services of a manager with
_overall operational and marketing
experience.



Interested persons should submit their
applications with full resumes by
Wednesday, August 13, 2008 to:

DA#63267
c/o The Tribune
P.O. Box N-3207
Nassau, Bahamas




COMMONWEALTH OF THE BAHAMAS
IN THE SUPREME COURT



COMMERCIAL DIVISION

Nassau in the Island of New Providence.

prescribed charge for the same.

IN THE MATTER OF BANCO POPULAR INTERNATIONAL LIMITED
(In Voluntary Liquidation)

AND
IN THE MATTER OF THE COMPANIES ACT

NOTICE IS HEREBY GIVEN that a Petition for the winding up of the above-named
Company subject to the supervision of the Supreme Court was on the 20th day of Ju'y,
AD., 2008 presented to the said Court by Banco Popular International Limited, a Company
having its Registered Office situate at The Deanery, Cumberland Street in the City of

AND that the said Petition is directed to be heard before the Honourable Justice
Mrs, Chery! Aloury in Court in the Marlborough Street Annex in the City of Nassau aforesaid
on Thursday the 21st day of August, A.D., 2008 at 42:40 in the afternoon and any creditor
or Contributor of the said Company desirous of supporting or opposing the making of the
Order on the said Petition may appear at the time of the hearing in person or by his counsel
for that purpose; and a copy of the Petition will be furnished by the undersigned to any
Creditor or Contributory of the said Company requiring such copy on payment of the

CALLENDERS & CO.
Chambers
One Millars Court
Nassau, Bahamas
Attorney for the Petitioner

NOTE: Any person who intends to appear on the hearing of the said Petition must serve cn
or send by post to the above-named, notice in writing of his intent in so to do. The Notice
must state the name and address of the person, or, if a firm, the name and address of the
firm and must be signed by the persons or firm or his or their attorney (if any} and must be
signed or, if posted, must be sent by post in sufficient ne to reach the above-named net
later than 4:00 o'clock on the afternoon of the 19th day August, A.D., 2008.






COMMbnK/00059








































THE TRIBUNE:





Islands. We are subsidizing
those [Family Island] invest-
ments and never getting the
return.” ;

Mr Jarrett said that during
his time as BEC chairman, none
of its three Family Island divi-
sions was profitable. If the Gov-
ernment decided to go through
with its privatisation plans, he
urged them not to transfer a
monopoly from the public to
the private sector, as that could
result in further price increases
for business and residential cus-
tomers.

Mr Jarrett said the Govern-
ment would also have to decide
whether to privatise power gen-
eration, distribution or both. He
added that the latter was more
critical, as it was the distribu-
tor who would be responsible
for end-user or consume prices.

Rather than go straight into
privatization, Mr Jarrett sug-

BUSINESS

ed’ to privatisation ‘at this time’





gested that the Government
give BEC “some breathing
room” by “putting in place the
right people and structure”.

“I believe BEC could be suc-
cessful without political inter-
ference and by bringing in pro-

“fessionals to run BEC,” Mr Jar-

rett said, adding the it was now
a “$1 billion corporation”.

The main requirement was
for “strong management and
leadership”, given that BEC
sought to marry three cultures —
its management, middle-man-
agement union, and line staff
union.

“We have to bring in the best
people we find to run BEC at
Board level, as well as manage-
ment. We have to have strong
business leadership in these
kinds of Corporation. We’ve got
to get the best people in these
corporations, but we’re not uti-
lizing the talent we have,” Mr

Legal Notice

NOTICE
EVERGREEN CONSULTANTS LTD.

(In Voluntary Liquidation)

Notice is hereby given that the above named
Company is in dissolution, which commenced
on the 28th day of July 2008. The Liquidator is

Argosa Corp. Inc., PO. Box N-7757 Nassau,

Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE
CHAROLA POINTE INC.

(In Voluntary Liquidation)

Notice is hereby given that the above named
Company is in dissolution, which commenced
on the 17th day of June 2008. The Liquidator
is Argosa Corp. Inc., P. O. Box N-7757 Nassau,

Bahamas.

ARGOSA CORP. INC.
(Liquidator)



Legal Notice

NOTICE
WESTHILL RIVER INC.

(In Voluntary Liquidation)

Notice is hereby given that the above named
Company is in dissolution, which commenced
on the 22nd day of July 2008. The Liquidator
is Argosa Corp. Inc., P. O. Box N-7757 Nassau,

Bahamas.

ARGOSA CORP. INC.
(Liquidator)




Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE
COTTONDALE LIMITED

(In Voluntary Liquidation)

Notice is hereby given that the above named
Company is in dissolution, which commenced
on the 11th day of July 2008. The Liquidator is
Argosa Corp. Inc., P.O. Box N-7757 Nassau,














Jarrett said. “Pay them good
money, and bring in talented
people from the private sector —
bankers and business people.”

He added that 2003 was
BEC’s “best year for profitabil-
ity” despite the decision to cut
its basic tariff rate. This
returned $17 million per annum
to BEC customers, and reduced
the Corporation’s profits from
$32 million to $15 million.

Although the current gov-
ernment had blamed that tariff
cut for plunging BEC into the
red, and for costing it $55 mil-
lion over three years, Mr Jar-
rett said if that had not been
done, Bahamian consumers and
businesses would be feeling a
greater burden in their electric-
ity bills currently,

He acknowledged that BEC
had been impacted by soaring
global oil prices, explaining that
the Corporation had paid $37



per barrel for its fuel in 2002-
2003. Between 2003-2005, this
had risen to $50, and today
prices were between $125-$140
per barrel.

Mr Jarrett said the Govern-.,
ment should eliminate “perma-.
nently” the 17 per cent tax BEC.
was paying on its oil imports, ,
in the form of 10 per cent cus-
toms duty and 7 per cent stamp ,
tax. When oil was priced at;
below $100 per barrel, the Cor-.,
poration was able to absorb the ,
increased tax payments in its,
cost structure, something it can-
not do currently.

The current administration
has suspended BEC’s fuel duty:
payments for two years, but Mr
Jarrett said he had written to
the then-minister responsible,
Bradley Roberts, in December
2004 recommending that this,
tax be removed on a pro-rata’
basis over a three-year period. '

| Dr. Ricardo E. Crawford, DMD
Now practices under the name of
Genesis Dental Center
Bahamas Lid.

Meildon Plaza, Mackey Street
(242) 393-2333/ 394-4333
New Name

Same Great Locatiow |



Legal Notice

NOTICE
CLYDESDALE VENTURES S.A.

(In Voluntary Liquidation)

Notice is hereby given that the above named
Company is in dissolution, which commenced
on the 11th day of July 2008. The Liquidator is
Argosa Corp. Inc., P.O. Box N-7757 Nassau,

Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE
QUARTETTO LTD.

(In Voluntary Liquidation)

Notice is hereby given that the above named
Company is in dissolution, which commenced
on the 22nd day of July 2008. The Liquidator
is Argosa Corp. Inc., P. O. Box N-7757 Nassau,

Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

| NOTICE
AUVERGNE VALLEY LTD.

(In Voluntary Liquidation)

Notice is hereby given that the above named
Company is in dissolution, which commenced
on the 18th day of July 2008. The Liquidator is
Argosa Corp. Inc., P.O. Box N-7757 Nassau,

Bahamas.

ARGOSA CORP. INC.
(Liquidator)





THE TRIBUNE

IUESVAY, AUGUSI 9, ZUU8, FAGE ob



Mi AS: |} 6 lw eee

Sales tren

FROM page 1B

decline in June.

Dionisio D’Aguilar, who is
also Superwash’s president, said
many firms had “underestimat-
ed” the impact soaring electric-
ity bills have had on consumer
spending.

“We need to understand that
the rising cost of electricity must
be taking a substantial chunk
out of everyone’s take home
pay,” the Chamber president
told Tribune Business.

“You’d be hard pressed to

find anyone paying less than
$400 a month in light bills, given
the amount of people in a home
and their inability to live with-
out air conditioning. Those peo-
ple making between $200-$400
a week, between 25 per cent to
one-third of their pay cheque is
going on electricity.”

As a result, a substantial
amount of the disposable
income possessed by Bahami-
an consumers was being “eat-
en away” by BEC costs, leav-
ing them with less money to
spend on other goods. With

demand down, Bahamian com-
panies were feeling the pinch
from declining sales and
increasing costs, given that they,
too, faced the same soaring
energy costs.

Mr D’ Aguilar said of his own
Superwash business: “I might
have averaged a 4-5. per cent
sales decline over six months,
but it’s progressively getting
worse. One would have thought
that washing clothes would be a
recession-proof business.

“] think we kind of underes-
timated how the rising cost of

electricity, the rising cost of fuel,
would be eating up so much of
people’s take home pay.”

The Chamber president was
speaking after a week that pro-
vided more compelling evidence
of a slowing Bahamian econo-
my. Cable Bahamas announced
what was probably the first
quarter-over-quarter decline in
cable television subscriber num-
bers in its history, while dis-
count retail chain Pricebusters
said it was closing 13 out of its
14 store locations and laying-

off staff members.

Craig Walkine, Pricebusters’
owner, did not respond to Tri-
bune Business’s calls seeking
comment, but Mr D’Aguilar
said he believed the company
may have suffered from having
“a very difficult business mod-
el” in the current economic cli-
mate.

As a discount chain, Price-
busters sought to undercut the
competition with low-priced
products. This meant its mar-

. gins were thin, and it effective-

THE WESTIN Se
GRAND BAHAMA ISLAND Sheraton
OUR LUCAYA.
Resort

EXCELLENT CAREER OPPORTUNITY EXISTS FOR
CHINESE CHEF

OUR LUCAYA
RESORT

Skilled in the culinary field, this successful candidate must possess extensive
knowledge and experience in the preparation of sushi, Asian, Japanese, Thai and
Chinese cuisine. Individual will train, supervise and lead the culinary team in the
resort’s Asian restaurant utilizing the highest standards of menu preparation and
presentation. Other minimum requirements are:

Excellent interpersonal, communication and customer service skills.

Basic computational and budgetary analysis capabilities; |
Technological proficiency in computer programs Excel and Microsoft Word;
At least three years experience working in a resort setting within the food and
eave and or réstaurant field, preferably with Asian cuisine

Bachelor’s degree preferred.

We. offer exceptional pay and benefits.
Qualified applicants should submit their résumés in writing no later than
August 15th, 2008 to
ourlucayajobs @starwoodhotels.com
The Westin and Sheraton Grand Bahama Island Our Lucaya Resort
Attn: Human. Resources Department
P.O. Box F-42500
Freeport, Grand Bahama



beanie oved Jeri nevip yoswri 2: gore’

Grand Bahama island]







nait

‘SECURITY & GENERAL
ASSISTANT FINANCIAL CONTROLLER

Security and General (S&G), part of the Colonial Group of Companies with
peacuaae in Bermuda, is seeking an Assistant Financial Controller.

ORR OTE.

CGIL, with offices in Bermuda, the oe Islands, the British Virgin Islands as well as

the Bahamas, offers a complete range of premier financial and insurance services and,
over ‘the past few years, has undertaken significant growth. This is an opportunity to
be part of a rapidly growing innovative company, focusing on providing clients with first

class service and-access to competitive products.
The position of Assistant Financial Controller, reports directly to the Financial Controller.
Duties will include, but not be limited to the following:

Cash Management

Reconciling balance sheet accounts on a monthly basis
Preparing monthly financial statements

Reconciling Great Plains to FOLIO on a monthly basis
Assisting the motor and property department with any
problems reconciling daily payments with cash sheets.
Working with the financial controller and staff in the
preparation & review of procedure manuals

Assisting with annual budget preparation

It is essential that applicants possess the following qualifications, experience and
attributes:

Currently working towards a professional accounting
designation (CA, CMA, CPA, CGA) or qualified with less
than 2 years experience

Proficient in Microsoft Excel & Word

Great Plains knowledge would be an asset

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

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

Security & General
“Attn: Human Resources
PO Box N 3540
Nassau, Bahamas

Or es aha 7

Closing Date for applications is August 8th, 2008.




































LENNOX PATON

Counsel & Attorneys-At-Law

EMPLOYMENT OPPORTUNITY

Lennox Paton is seeking an enthusiastic and
dynamic Administrative Assistant for our
Corporate Litigation Department.

REOUREMENT?:
A minimum of two years experience in a similar
position

e Proficient in Microsoft Word, Excel, Outlook &
Powerpoint

¢ Good working knowledge of general office

procedures and database management

PERSONAL ATTRIBUTES
e Must be conscientious, thorough and organized —
e Must meet deadlines

¢ Must have good client liaison skills

¢ Require minimum supervision

Interested persons must submit a cover letter and
current resume no later than August 15",.2008 to:

HRmanager@lennoxpaton.com
OR

° Human Resources Manager
Lennox Paton
P.O. Box N-4875
Nassau, Bahamas



. .year before things get,better.” *

New Providence’s Newest
Gated Community
1 Mile off JFK Drive through
. South West Ridge

ds getting ‘progressively worse’

ly relied on volumes to generate
profitability.

Yet the economic slowdown
has seen consumers rein in
spending, depressing sales vol-
umes, while all Bahamian busi-
nesses have had to cope with
an economic climate in which
operating costs have spiraled
due to skyrocketing energy/fuel

_ costs. Such a squeeze will have

impacted companies such as
Pricebusters, with thin margins,
first.

“With your fixed costs rising,
whether it be electricity or
whatever you have, it became a
very difficult model to sustain,”
Mr D’ Aguilar said of Price-
busters. “You have very low-
priced items that may generate
a big gross profit, but in dollar
terms it’s a small net amount.

“T just think you need to gen-
erate a substantial amount of
volume. because your fixed costs
are ever-increasing. The busi-
ness model became very diffi-
cult, and everyone was opening
a similar store.”

Describing the general
Bahamian retailing climate as
“brutal”, Mr D’Aguilar said.
businesses were caught between |
the need to raise prices to com-’
bat ever-increasing operating
costs knowing that consumers
— with less disposable income —
might not be able to afford the
increases.

As a result, many companies
were being left with no choice
but to absorb any tax and duty
increases resulting from the
2008-2009 Budget.

“T think it’s extremely tough
and very, very difficult,” Mr
D’ Aguilar said. “You’ve got
your costs which you have to
pay, which are chiefly electrici-
ty and power, but the staff are
saying: ‘What about us?’

“Consumers are not paying:
the increased prices, so there is
huge pressure not to raise them,
because it doesn’t improve any-.
thing. The status quo will not
suffice. We’ve got to find ways
to improve efficiency.”

He added: “We’ve noticed
that a lot of gas stations are
closed. People will suffer
through as much as they can,

but I guess it depends on how

long it goes on for. In my esti-
mation, it will be the end of next.







SALES OFFICE OPEN
Monday - Friday 9:00 AM - 4:00 PM Daily

PRECONSTRUCTION PRICING

HOUSE & LOT PACKAGES STARTING AT -
$335,000.00

TOWNHOUSE UNIT STARTING AT -
$250,000.00
SINGLE FAMILY LOTS STARTING AT -
$98,000.00 ,
DUPLEX LOTS STARTING AT -

$115,000.00

MODEL HOUSE IS OPEN FOR
APPOINTMENT VIEWINGS
TO RESERVE YOURS CALL OUR
SALES OFFICE

Ph 242-341-4042



Fax 242-341-1407

emeraldcoastbahamas @ hotmail.com
www.emeraldcoastbahamas.com

luuuudannauncuneniiuidititibiiiteE



‘PAGE 6B, TUESDAY, AUGUST 5, 2008 _- THE TRIBUNE

SECURITY & GENERAL
Accounts Assistant, Payables










Public Utilities Commission





Security and General (S&G), part of the Colonial Group of Companies with

Honus Tahy : ;
_ headquarters in Bermuda, is seeking an Accounts Assistant, Payables.





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

PUBLIC NOTICE
PUBLIC CONSULTATION

BAHAMAS NATIONAL
NUMBERING PLAN





The position of Accounts Assistant, Payables, reports directly to the Financial Controller.
Duties will include, but not be limited to the following:





The preparation of all claims, customer refund, and supplier checks as
requested

Posting check payments to the G/L

Reconciling supplier statements and invoices on a monthly basis
‘Maintaining filing system for paid invoices

Reconciling accounts payable sub-ledger to accounts payable control account
on a monthly basis

Clearing bank reconciling items daily

Assisting with accounts receivable collection if required

The Public Utilities Commission (PUC). hereby invites comments from
licensees, other stakeholders and the general public on its consultation
document on = the National Numbering Plan for The Bahamas.





The goals of this consultation are to:




inform licensees, other stakeholders and the general public of the PUC’s
intention to develop a National Numbering Plan to administer and
manage numbering resources for current and future needs, and invite
comments from licensees, other stakeholders and the general public.









It is essential'that applicants possess the following qualifications, experience and
attributes:




Section 6(4) of the Telecommunications Act, 1999 requires the PUC to act in
a timely, transparent, objective and non-discriminatory manner and consistent
with the objectives of the Act. While section 6(5) of the Act requires the
/ Commission to publish its proposals on any general instruction intended to be
issued under any part of the Act and allow a reasonable period of consultation.

Knowledge of basic accounting

One year relevant work experience

Strong communication and organisational skills
Proficiency in Microsoft Word and Excel





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

Copies of this document can be obtained from the PUC’s office located at
4" Terrace East, Collins Avenue . Written comments should be submitted
by September 26, 2008 via post, hand delivery, facsimile or e-mail to:









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




Executive Director
Public Utilities Commission
P.O. Box N-4860
Fourth Terrace East
Collins Avenue
Nassau, Bahamas
Fax: 242 323-7288
Email: info@pucbahamas.gov.bs.



Security & General

Attn: Human Resources

PO Box N'3540

Nassau, Bahamas

Or'by email to:
acash@atlantichouse.com.bs










Closing Date for applications is August 8th, 2008.












“Rewarding. My work at The Tribune is creative and challenging. I enjoy
contributing to the look of our newspaper, while meeting the needs of

our advertisers. | enjoy working here. The Tribune is my newspaper.”

ESTHER BARRY i

- The Tribune moeeensne rn
My Voice. My Meupepe! | ES





=

THE TRIBUNE

BUSINESS

TUESDAY, AUGUST 5, 2008, PAGE 7B



Realtors having second thoughts O

FROM page 1B

town. It’s OK for the Ministry
[of Finance] to assure us we’re
OK. My concern is if we’re OK
and others are not OK. Whose
going to buy our land, buy our
real estate if things are not OK.

“We’re being assured our
industry will not be affected,
but we’re concerned about all
other parts of our economy that
might be affected because, at
the end of the day, we’re all in
the same bag.”

Real estate, along with other
sectors such as telecommunica-
tions, retail and wholesale, are
among the 25 per cent of ser-
vices industries that the
Bahamas intends to exclude
from liberalization in its EPA
services offer. That offer has yet
to be formally submitted to the
EU or CARICOM Regional
Negotiating Machinery
(CRNM), it being one item
among many on Cabinet’s agen-
da.

The Bahamas’ services offer,
which the Government has
billed as largely preserving the
National Investment Policy’s
‘status quo’, by excluding real
estate means that the industry
will not be opened up to market
access by EU firms in any of
the four supply modes — cross-
border services provision, com-
mercial presence, individual
European realtors and Euro-
peans travelling here to con-
sume the services.

Yet despite the ‘protected’
status that the Bahamian real
estate industry apparently
enjoys via this nation’s EPA ser-
vices offer, Mr Wong said he
had asked BREA’s directors to
do “some research on the issue
and where we should go”.

He added: “We’re doing due
diligence, and hopefully in a few
days we’ll come out with a posi-
tion. Right now, we are con-
cerned about signing on to the
EPA, but we’re going to do our
homework.”

Mr Wong indicated he was
concerned that the Bahamas
could be sacrificing its wider
economic interests just to pre-
serve duty-free market access
to the EU for the few industries
that exported to Europe — Bac-
ardi’s rum, the crawfish and
fisheries industries, and Poly-
mers International.

The Bahamas’ total exports
to Europe, when last measured

in 2004, totalled around $66 mil-
lion, with the balance of trade a
positive $20 million that was
weighted in this nation’s favour.

Yet Mr Wong said that with
Bacardi set to exit manufactur-
ing from this nation in 2009, the
Bahamas was essentially pro-
tecting just one export industry
— crawfish.

Another industry head to
express concern over the EPA
is Bahamas Bar Association
president Wayne Munroe, who
told Tribune Business in an ear-
lier interview that he and his
members were concerned about
“the entire basis” upon which
the Government could justify
the agreement’s signing and
“enter into such a paradigm
shift in our trading relation-
ships”.

In meetings with the Ministry
of Finance and the Bahamas
Trade Commission, Mr Munroe

said Bar members had asked
for the production of data and
statistics showing how signing
the EPA would benefit the
Bahamian economy.

When this was not forthcom-
ing, discussions had been unable
to proceed past first base and
on to what the draft services
offer had in mind for the legal
services professions.

A government document on
the Bahamas’ draft services
offer, which has been seen by
Tribune Business, said this
nation would be ‘unbound’ —
meaning it would not open up
to EU law firms — in legal doc-
umentation and certification.

When it came to EU law
firms setting up in the Bahamas
to provide legal services in their
home country’s law, this nation
was also ‘unbound’ apart from
joint ventures with Bahamian
firms until 2018.

NOTICE

IN. THE ESTATE OF ANNETTE
CLEMENTINE RUSSELL fate © of
Harmony Hill, Villiage Road in the Estern
District] of the Island of New Providence
one of the Islands of the Commonwealth
of the Bahamas, deceased.

NOTICE is hereby given that all persons having claim
or demand against the above Estate are required to send
the same duly certified in writing to the Undersigned on
or before the 4th September, 2008, after which date
the Executor will proceed to distribute the assets having
regard only to the claims of which he shall then have had

notice.

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

HIGGS & JOHNSON

Chambers
Ocean Centre

.Montagu Foreshore

East Bay Street
P.O. Box N-3247
Nassau, Bahamas

Attorneys for the Executor



n EPA treaty

Mr Munroe, though, said the
Bar Association only regulated
attorneys who appeared before
the Bahamian courts. If a for-
eign associate joined a
Bahamas-based law firm to pro-
vide legal services and advice
on their home country law, the
only requirement was that they
be registered and associated

with that firm.



Similarly, if a foreign bank
such as UBS wanted to bring in
an in-house attorney to advise
on Swiss law, Mr Munroe said
the only requirement was for
that person to have a valid
Department of Immigration
work permit.

“When we looked at the
[EPA services offer] schedule,
we got the clear impression that

NETWORK

BAHAMAS

oe

Secmamcnanninll tS

the person that put it together
did not have a grasp on what
the legal landscape was,” Mr
Munroe added.

He said the Bar’s main con-
cerns with the EPA were that it
was unable to properly evalu-
ate the proposed agreement
unless it was told “completely
and upfront what is being pro-.
posed”.

THE BROADCASTING
CORPORATION OF THE BAHAMAS |

is seeking suitably qualified company to provide

AIR-CONDITIONING
MAINTENANCE SERVICES

for its three (3) plants located in New Providence.

Interested parties should contact Mrs. Sharnett |
Ferguson, Executive Assistant to the Sr. Deputy General.
Manager at (242) 502-3941 between the hours of 9
a.m. - 5 p.m., Monday to Friday, to collect a copy of
the tender documents from our headquarters located:
on Harcourt (Rusty) Bethel Drive, formerly 3rd Terrace,
Centreville, Nassau. |

Bids must be returned in a sealed envelope to Mrs..
Ferguson no later than Friday, August 15, 2008.:



Nassau Airport

Development Company

‘Communicatio

The Nassau Airport Development Company (NAD) is looking for a highly creative
individual to become a part of our Marketing Team.

Reporting to the V.R Marketing, the Communications Manager is responsible for
overseeing the development and maintenance of communication and marketing
materials. Within the company, the Manager will maintain the day to day
communication functions for NAD staff including production of the company’s
newsletter, and web-site maintenance and updates as well as the development
of collateral and promotional items. The ideal candidate uses creative abilities to
develop concepts while working along with the marketing analyst on presentations
and reports.

Externally, the candidate will work with a public relations firm on print, radio and
television advertising.

The Manager will have a degree in Marketing or Public Relations with at least 3
years related experience in a similar position and be proficient with Microsoft
Office software including Excel, Word amd Power Point. Strong communication,
interpersonal, written, and presentation skills are a must.

Familiarity with graphic design would be a definite asset.

The position offers competitive compensation and benefits with opportunities for career
growth and development.

lf you are interested in joining our dynamic team,
please submit your resume by August 08, 2008 to:

Manager, People

Nassau Airport Development Co.
PO Box AP59229

Nassau, Bahamas

Only;those applicants short listed will be contacted.

Supervisor, People

Nassau Airport Development Company is looking for a dynamic and energetic self-
starter to take the lead in conceiving and implementing innovative programs for the
employees of NAD. The Supervisor will play a key role in envisioning and imagining
new ways for NAD employees to work together. The successful candidate will enjoy
freedom to develop leading edge programs and provide support in the management
of human resource functions such as recruitment, employee communications and
Staff events.

You are a creative and organized individual with excellent written and oral communication
skills and have enjoyed an employment history of increasing responsibilities in a
Human Resources environment, including staff supervision.

The ideal candidate will be able to multi-task in a fast paced environment, take initiative
and exercise sound judgment when handling confidential and sensitive issues and will
have at least 3 years related experience. A degree in Human Resources Management
or Business Administration would be a definite asset.

The position offers competitive compensation and benefits with opportunities for career growth
and development.

If you are interested in joining our dynamic team,
please submit your resume by August 08, 2008 to:

Manager, People
Nassau Airport Development Co.
PO Box AP59229
Nassau, Bahamas

Only those applicants short listed will be contacted.





~

Cc



OL \LLE

Visit our website at www.cob.edu.bs





IMPORTANT DATES

Fall Semester 2008

New Student Orientation

Orientation & Parent’s Day

* Wednesday, 20th August, 2008

* 42:00 noon - 3:00 p.m.
« Advisement

' Wednesday, 20th August, 2008

- 3:00 p.m. - 7:00 p.m.

‘ Advisement, Registration & Bill Payment.
Thursday, 21st August, 2008 and Friday 22nd August, 2008

9:00 a.m. - 7:00 p.m.
Venue: COB Band Shell

The College of The Bahamas will be closed on Monday, 18th August, 2008 due to
' its staff and faculty seminar. College will resume business on Tuesday, 19th

August, 2008 at 9:00 a.m.

CULINARY & HOSPITALITY MANAGEMENT INSTITUTE

INDUSTRY TRAINING DEPARTMENT

PERSONAL DEVELOPMENT COURSES — FALL SEMESTER 042008 (SESSIONS 02)

SESSION 1







PAGE 8B, TUESDAY, AUGUST 5, 2008

THE TRIBUNE



Entrepreneur targets
500k profit in
seven years

FROM page 1B

lined in this plan are based on
144 service calls per month,”
the business plan read. “This
represents a very modest 7 per
cent of the estimated industry
average of 2,000 service calls
per month.

“This highlights a tremendous
opportunity for growth as the
company develops over the
coming years. The company
expects to capture a 10-15 per
cent market share within the
next three to five years.”

Total monthly revenue at the
start-up stage was projected at

istry of Works, Ministry of
Environmental Health and
BEC, plus private sector oper-
ators such as Cable Bahamas,
Bahamas Hot Mix and Tropi-
cal Shipping.

Mr Duncombe previously
told Tribune Business that the
Bahamas Hydraulics proposal
was submitted to the Bahamas
Entrepreneurial Venture Fund
in 2007, but was rejected by the
fund’s Board without any rea-
sons or explanation being given.

“We were only asking the
venture capital fund to loan us
$68,000, as were providing

up to $100,000 in debt funding —
without any equity or collateral.

“We submitted a proposal
that was well-researched, and
had been vetted by two of the
leading institutions in the
Bahamas — FirstCaribbean and
Commonwealth Bank. The only
thing that stopped us from
obtaining the loan from them
was their demand for collateral.
They were saying it’s an excel-
lent idea, and believed it could
work.”

Yet when the plan was pre-
sented to the Bahamas Entre-

‘ preneurial Venture Fund’s



























COURSE ae TUITION $23,131, with 5 percent annual $17,000 — injecting 20 per cent Board, “they rejected it with-
“WY gape eee oe oe eee aN ENE. ee growth forecast. of the equity — ourselves,” Mr _ out even giving us a satisfactory
| Cuisine i Sept. 4 | Oct.9 | 6weeks _| Thursda 9:00pm _| $375.00 | MK The Bahamas Hydraulics Duncombe said. _ reason why. They gave us noth-
i fers be, See business plan said it had “One of the things, accord- ing other than the fund could
' Gourmet COOK 6:00 - received support from govern- _ing to their website, is ifthe idea not provide funding for the pro-
Cooking | 1 | 823 6 week Mond 9:00 380.00 _| MK mPP ae ae ; : ae . P
| cee eoce p wees ones 00pm. | __ $380. ment agencies such as the Min- _is excellent, they will provide —_ject, and good luck”.
| Cooking I 1 $465.00 | MK “We a the poet ”
| ea ee ; . per cent more researched an
Cake & Pastry COOK a aa . better done than what they
(paint Lal Loe 2 facta [ome arn [iain | sina THE GARDEN RESTURANT | svesossheiratsis nd
Making | 4 ede api ocr «| Tues/Thurs. $325.00 | PK lot of work has gone into it in
ene ee ee eee ed DOWDSWELL ST., BETWEEN CHRISTIE & ARMSTRONG STS. ae of Erie, Pied Dun-
COOK 6:00 - : combe told Tribune Business.
Bread Making | | 810 Sept. 4 Oct. 9 6 weeks Thursda 9:00pm SUNDAY - FRIDAY: 7AM - 4 PM Jerome Gomez, the Bahamas
eae pcan ll Tel. 356-0907 Entrepreneurial Venture
Decorating | 1| 817 | Sept.1 | Oct.1 | Sweeks | Mon/Wed. _| 9:00pm Fabia. re DINE IN/TAKE OUT itl oan replied:
Cake COOK 6:00 - “ Decorating Il 1 | 818 Sept.1__| Oct. 1 | Sweeks Mon/Wed. 9:00pm_| $375.00 | PK BREAKFAST FROM $1.50 who Sbaitel proposals all say
Deadline for snplications August 15, 2008 at 4:00 p.m. LUNCH FROM $5.00 that, but today we have only




funded 46 businesses.
“The Board determines those

CENTRE FOR CONTINUING EDUCATION AND EXTENSION SERVICES Bee ee ed he
. PERSONAL DEVELOPMENT - FALL SEMESTER 042008 not to fund. The venture capital

| fund Board does not give a rea-
fat son why they reject business

Serving Native and Vegetarian Dishes
STREET PARKING NOW AVAILABLE

























fee NO NO. DESCRIPTION ___|_TIME. {START | DUR | FEE N OTI Cc E plans. We find that opens up
ACCOUNTING too much debate, and we can
| 6:00pm - tees NOTICE is hereby given that ROSE MARIE DAVIS of spend three days, a week,
| ACCAS00 01__| ACCOUNTING FOR BEGINNERS |__| 8:00pm Thurs 23-Se $250.00 P.O. BOX AB-20410,.MARSH HARBOUR, ABACO, debating with the applicant.
If BAHAMAS, is applying to the Minister responsible for “You can imagine the num-
I /AOCAEO nunc Olan] ABCOUNTING £OR BEGINNERS... 8:00pmn_| Mon/Wed__|_22-Se wt pelea Nationality and Citizenship, for registration/naturalization ber of business plans we get. If
» | accasa2 Gu: SaGBoUNG POR BEGINNERS Ca. chided. ccoaeee: sann.0| 00 as a citizen of The Bahamas, and that any person who we take time to explain every
C eens eT CA knows any reason why registration/ naturalization should detail to every applicant, we
|; | BUSINESS | not be granted, should send a written and signed statement would not be able to assess
eT ~~ p ee ee = of the facts within twenty-eight days from the 26th day of these plans any more. It’s just
|, Busigoo 01 _| CREDIT & COLLECTIONS | 6:00pm-8:00pm_| Thurs 25-Se $225.00 JULY .2008 to the Minister responsible for Nationality like some banks. They only tell
| and Citizenship, P.O.Box N- 7147, Nassau, Bahamas. you they can’t finance your
i [Bust . at 04 CREDIT & COLLECTIONS fh §:00pm-8:00pm_| Tues 23- staae | basen 00 plans.”
21-1 SUPERIOR CUSTOMER SERVICE ae
“| cust900 fot. ws 9:30ama 30pm | Thurs || x tae $170:00. te

6:00pm-9:00pm



INTRODUCTION TO BUSINESS |



BUSI904



iTsm900 st 01 _| TIME & STRESS MANAGEMENT





ase aca lai
412
16-Sep | wks | $450.00

- [COMPUTERS |




























































| COMP901 01 COMPUTER APPLICATIONS |
_comect 02 COMPUTER APPLICATIONS | 15-Sep 2 fase
COMP902 01 COMPUTER APPLICATIONS II 19-Sep
| | COMP 941 O1__| QUICKBOOKS
| cou MPSS _ S01. PC UPGRADE AND REPAIR. m-7:30pm_| Mon/Wed | 15:Sep_ = $500.00 PUBLI C N OTI CE
| COMP930 01 WEB PAGE DESIGN | WIS Thurs/Fri 16-Oct - s_ | $550.00
[4
| COMP931 01._| WEB PAGE DESIGN Il WiS $650.00
L iesoneroroou =| CALL FOR APPLICATIONS
i ee
bsnl oe Oa ee ae Pare ae SPECTRUM FOR BROADBAND WIRELESS ACCESS SERVICES
|| | cosmao4 01 MANICURE 4 PEDICURE 6-Oct__| wks sees
| cosmos Ot SCULPTURED Nas The Public Utilities Commission (PUC) hereby invites expressions
| DECORATING _ Se ee ee ee : a : se of interest from licensed Internet Service Providers (ISPs)
| DECOR. ot INTERIOR DECORATING |. Tues___|_7-Oet_{_wks_| $226.09 for spectrum in the 1.7, 2.1 and 2.3 GHz bands to provide
oo 01 _| INTERIOR DECORATING I ws Broadband Wireless Access (BWA) for last mile Internet service
SE BROBAL DESIG A applications. Allocations will be in 5 MHz blocks at a price
Lfomeor fot FLORAL DESIGN of $3,000 per annum. Those ISPs with exclustve last mile
| i facilities would be prohibited from applying for BWA spectrum.
ENGLISH
| | ENG 200 EEEECTIVE WRITING SLES Section 6(4) of the Telecommunications Act, 1999 requires

















the PUC to act in a timely, transparent, objective and
non-discriminatory manner and consistent with the objectives

of the Act.

MANAGEMENT




HUMAN RESOURCE MANAGEMENT




SEWING &
LCRAPT














| Additional information can be obtained from the PUC’s office located
| at 4th Terrace East, Collins Avenue or downloaded from the PUC’s
website at www.pucbahamas.gov.bs. All expressions of interest

SEW 800 BASIC OF FREEHAND CUTTING |



6:00pm-9:00pm











SEW 800



BASIC OF FREEHAND CUTTING I] 6:00pm-9:00pm_| We

10:00am-

































































_ SEW 804 BEDROOM DECORATING 1:00pm _ : ; :
: should be submitted by August 8, 2008 via post, hand delivery,
LSEW805 | 01_| DRAPERYMAKING! | 6:00pm-9:00pm | Tues | 23-Sep | wks | $225,0¢ ee
facsimile or e-mail to:
i; CRA900 JEWELRY MAKING 6:00pm-8:00 m
| MEDICAL
| Anthony Rolle
| MEDT900 MEDICAL TERMINOLOGY 6:00pm-9:00pm $225.00 n
Chairman
\ HEALTH AND .
| EuNess___ rr ae Public Utilities Commission
MASG300 MASSAGE THERAPY ESSENTIALS | 6:00pm-9:00pm wks $465.00
‘ P.O. Box N-4860
MASG901 MASSAGE THERAPY ESSENTIALS I! 6:00pm-9:00pm wks | $620.00





Fourth Terrace East
Collins Avenue

















| BWAX3900 _| BODY WAXING 9:30am-4:30pm_| Tues/Wed_ | 21-Sep | day $300.00























6:00pm- 8 |
DANC900 BAHAMIAN FOLKLORE AND DANCE | 8:30pm Tues _16-Sep wks | $275.00 Nassau, Bahamas
6:00pm- 8 ° ‘>—
_DANC901_ leo _| BALLROOM DANCING _ | 8:30pm | Wed si 17-Sep | wks | $275.00. Fax: 242 323 7288



Email: info@pucbahamas.gov.bs.

ENQUIRIES: Contact the Co-ordinator at Tel: (242) 325-5714 / (242) 328-0093 / 328-1936 / 302-4300 ext. 5202 or email persdev@coh.edubs

All fees are included with the exception of the application fee of $40.00 (one time).
CEES reserve the right to change Tuition, Fees, Course Content, Course Schedule and Course Materials.







THE TRIBUNE

BUSINESS

LIK Mee aM meen

FROM page 1B

revise our tax structure in order
to comply with the EPA, and
in anticipation of trading agree-
ments coming in the future with
North America, primarily the
US, our major trading partner,
but also Canada.”

The Government is project-
ing that it will earn $234 mil-
lion in revenues from the Excise
Tax during its 2007-2008 fiscal
year. Prime Minister Hubert
Ingraham said the tariff line
items to be placed under the
new tax were luxury goods, such
as perfumes, alcohol and tobac-
co, plus the high-value revenue
earners such as vehicles and
petroleum.

Mr Ingraham said these items
were treated as ‘excises’ by
international practice, but the
rate of taxation would not
change, as they would be taxed
by the sum of their current
import and Stamp Duty rates.

The Prime Minister said:
“The purpose of this exercise is
to follow international practice,
and also to remove these taxes
from any reduction exercise

finance James Smith, who ear-
lier this year told Tribune Busi-
ness that the Excise Tax was “a
tariff by another name”.

The BECon president said it
was “inevitable for us to be
part” of the WTO and free
trade agreement such as the
EPA, adding that while many
industries in this nation were
already integrated into the glob-
al economy, the rules and regu-
lations determining how trade
was conducted would be a new
experience for all.

“What’s new to us is the rules
and regulations that go with that
trade,” Mr Nutt said. “These
are the things that we have to
look at. |

“While we may be going in
[to the EPA] with the status
quo policies we have now, over
time there will probably have
to be more liberalization done
in some areas. There will prob-
ably be more liberalization
required as part of the EPA.”

The BECon president indi-
cated that the Bahamas’
involvement in the EPA
appeared to be a ‘done deal’,
with this nation’s signing on
August 30 likely to be a for-
mality because it had already

“Are we ready for it? No, we
have a lot of preparatory work
to do,” Mr Nutt said. “We have
a lot of things to be accom-
plished, and the EPA is going to
force us to get a lot of things
done on timelines set out in the
agreement as to when things
have to happen.

“That’s going to put pressure

on the Government to come up
with the legislation as needed.”

Mr Nutt added that the Gov-
ernment ran and regulated
much of the Bahamian econo-
my via policy, not law. These
policies now needed to become
law, as rules-based trading
regimes could only be applied
to statute laws.

LEGAL NOTICE
STENMANN ASSOCIATES LTD

Bahamas International Business Companies Act
(No.45 of 2000)

In Voluntary Liquidation

Notice is hereby given that in accordance with Section 138 (4) of the
Bahamas International Business Companies Act, (No. 45 of 2000),
STENMANN ASSOCIATES LTD. is in dissolution. PANAMERI-
CAN MANAGEMENT SERVICES (BAHAMAS) LTD. is the
Liquidator and can be contacted at Marlborough & Queen Streets,
PO. Box N-10429, Nassau, Bahamas. All persons having claims
against the above-named company are required to send their names
addresses and particulars of their debts or claims to the Liquidator

before 29th August, 2008.

TUESDAY, AUGUST 5, 2008, PAGE 9B




GCOMMONWEALTH OF THE BAHAMAS

IN THE SUPREME COURT OOB8/CLE/gon/
SUPREME CO!
Equtty Sida a eat
BETWEEN
: c
First Plain

CBS MANAGEMENT COMPANY LTO
, Second Plaintift
AND
ARLINGTON EDGECOMBE
First Defendant

CORAL CREEK INVESTMENT FUND
Second Defendant

RIT OF SUMMONS

ELIZABETH THE SECOND, by tho Grace of God, Queen of the
Gommonwealtt of the Bahamas and of her other realms and territories, Mead of

the Commonwealth.

TQ; Arlington Edgqucombe
Elsonhawer Close, Winton Heights
P.O, Box CR-56786
Nasasu, The Bahamas

TO: Goral Creek Investment Fund
Elsenhower Close Winton Hoights
P.O. Box CR-36766
Naagau, The Bahamas

WE COMMAND YOU that within Fourteen (14) days after survice of this

writ on you, inclusive of the day of such service. you do cause an appearance to
be entered fe you in an action at the suit of Gonville Brown and CSB
Managoemont Company Ltd., #72 Cailins Avenus, P.O. Box N-6296, Nassau,

Bahamas address fur service is Messis. Halsoury Chambers, Halsbury

Commercial Centre, Village Road North, P. O. Box CR-56766, Suile 548 Magseu,

The Bahamas, Attornsys for the Plaintiffs.

*
Asid take notes thin in etait Ining the Plaintit cay gemeved thorale,



AOS fUGOIEAL Cray De yoren
WITMESSE, the Honsucatde Susti Shr Parton acl Oor OFF bounce of thie
Sonsnonwecistn oF te Bohuross due A" day of Egeemey, A... tr the your of
Ovr Lord Two Thousand and Eight VN Che,

REGISTRAR

NLR. ~ This Wirt oy cot be sect more tnan 312 colendar cvontbs after ihe
above dates uninss renewed by Ordst of We Court,

DIRECTIONS FOR ENTERING APPEARANCE

The detasdant may enter appearance personally or By aitemtey sither by basdding
In The atgropriany forms, duly Complated, at the Ragisiry of we: Supremes Court.
Public Square, in the City at Naazau in the Inland of Now Poavitencn, o¢ tw
sonding there ip that olfice by pont.

STATEMENT OF CLAIM
4. The Fuat Plainté is and wos at al matadal times a procticng
physiclan ant cordictogsst in the Conynoawnalth of the Babomus
40d Whe Second Piaintff is a cormpeny mecorperated under the
Companies Act, Chapter 268 of the Statue Laws of The Gabomas

aod carrying on business 10 the aforesuid Commonwealth.

2. At alt smatariat times the First Dofengant is ond was the Mrasident



Gets h kb

jc ete pees Ni
PANAMERICAN MANAGEMENT ’ was st ali matortal tines an investment company b
SERVICES (BAHAMAS) LTD. .

Liquidator 3 ‘3; AL al! materiad times the FYsintitis were approactead by the

committed itself to preserving
duty-free market atcess to the
EU for industries such as fish-
eries and Polymers Interna-
tional.

which might be necessary as a
result of admission into the
World Trade Organisation.”
Yet Mr Nutt was backed by
former minister of state for

and CEO of the Second Defundsnt. The Second Refandant is and

Defendants to act ag an tovastment Cansultant (o tog assint with an



investment scheme to ratso capita! in the amount of US$18.4
Mittion.

’

On or about the 6” August, A.O., 2007, the First Dofendant wrote

LEGAL NOTICE 4

NOTICE
MALC LEASE TEN LIMITED

LEGAL NOTICE

NOTICE
MALC LEASE NINE LIMITED

the Plaintiff's, Business Consultant to outline the terms of fts sarvice:

to the Plaintitfs, inter alia, the following:~

(a) We wilt conpile fran information suppied to us by you, ~
2 complete and comprehensive Package of Your
Financing appitcation for presentation to our fnvestors
fo raise eapttat in the amaunt of US$18.7 Million.

(e) Upon completion of the package, we will meat with you



(In Voluntary Liquidation) (In Voluntary Liquidation)

fo review it in its antirety, to enaure that you are pleased
with # and that the facts contained therein are trua and

correct aod in accordance with the information you

Notice is hereby given that the above-named Company is
in dissolution, commencing the 24th day of April 2008.
Creditors having debts or claims against the Company are
required to send particulars to Craig A. (Tony) Gomez,
Liquidator of the said company at the office of Baker Tilly
Gomez at The Deanery, 28 Cumberland Street, P.O. Box
N-1991, Nassau, Bahamas. In default thereof they will be
excluded from the benefit of any distribution made by the
Liquidator.

Notice is hereby given that the above-named Company is
in dissolution, commencing the 24th day of April 2008.
Creditors having debts or claims against the Company are
required to send particulars to Craig A. (Tony) Gomez,
Liquidator of the said company at the office of Baker Tilly fe, Mintel rot hee ie Nitentarh Oh Your Gabel apd Wl
Gomez at The Deanery, 28 Cumberland Street, P.O. Box eee eee ee
N-1991, Nassau, Bahamas. In default thereof they will be

excluded from the benefit of any distribution made by the .

. Liquidator.

supplied, Al
{c} We wif be responsible for the preperation of alt Fs
documans with regard to the fnancing aad wilt pay aif

legal and other retated costs assocleted therawith.

possibia. We will update you on an ongolog basis, ax to
the progress of te financing process ent will advise
you of any problems and or queries that may arise snd
will wart along with you to address them,

(o} Once the financing package Is reviewed by the tnvestors

Dated the 1“ day of July 2008

and they are satisfied that they will, be Interested in

Dated the 1" day of July 2008

. providines financing, 2 letter of intent wiil be issued. At
Craig A. (Tony) Gomez :
~“Biquidator

the Ume the fetter is Issued, any further questions or

SATAN 2S

Craig A. (Tony) Gomez
Liquidator

querics that the investor may Reve at that time, will be

raised and a time frame given in which answers are (o i

be received, 5
(0 Once the ems aro addressed and the investors are

satisfied, @ term shset will then be tssued, outlining the

LEGAL NOTICE

NOTICE
MALC LEASE EIGHT LIMITED

LEGAL NOTICE

NOTICE
MALC LEASE SIX LIMITED

final teoms and canditiona for the financing.

(@ When ali of the preliminary work ts completed and the
terms and conditions have heen agreed to, a final
conunitmont for financing will ba tssued. Wo will meet
with you to complote the final due diligence end agree

on @ date and lacation for closing.

Tho Fiaintits intend te produce the sant Engagemunt Letter af Trial for tts

(In Voluntary Liquidation) (In Voluntary Liquidation)

full forms and effect
§. By an agreement dated the 6” day af August, A.D., 2007 and made

Notice is hereby given that the above-named Company is
in dissolution, commencing the 24th day of April 2008.
Creditors having debts or claims against the Company are
required to send particulars to Craig A. (Tony) Gomez,
Liquidator of the said company at the office of Baker Tilly

Notice is hereby given that the above-named Company is
in dissolution, commencing the’ 24th day of April 2008.
Creditors having debts or claims against the Company are
required to send particulars to Craig A. (Tony) Gomez,
Liquidator of the said company at the office of Baker Tilly

cE)

between the Flaintiis ond the Uefendants, the First Plaintiff and
Firat Defendant ontored iio a Non-Circumvention, Non-Disclosure

end Working Agresmert

PURSE

The Plaintiffs intend te produce the said Agreement at Teal for its full terms

Gomez at The Deanery, 28 Cumberland Street, P.O. Box Gomez at The Deanery, 28 Cumberland Street, P.O. Box oe ella ete asc ca :
N-1991, Nassau, Bahamas. In default thereof they will be N-1991, Nassau, Bahamas. In default thereof they will be Augual, 2007, made between the First: Plaintt€ and tes a 4

excluded from the benefit of any distribution made by the
Liquidator.

excluded from the benefit of any distribution made by the
Liquidator.

Defendant, the First Defendant acknowledged receipt of the cum of
$7,500.00 (hersinufter caiigd “ihe said sunt’) paid by the Plaintiffs

, to the First Defendant and agreed tu return lo the said sum to the

Dated the 1" day of July 2008 Dated the 1* day of July 2008

Pilaintiffs should the Defendants be unsuccessiul in providing the

funding of Two Million.

Craig A. (Tony) Gomez
Liquidator

Craig A. (Tony) Gomez s
Liquidator

By a seccud Conditionat Retainer Refund Agreement dated the 28°
day of August 2007 made between the First Plaintitt and the First
Defendant, the First Defendant further acknowledges receipt of an —
additional sum of $7,500.00 paid by the Plaintitfs ta the Fics!
Defendant.

FG CAPITAL MARKETS

BROKERAGE & ADVISORY SERVICES The Platndfis intand to proddce the seid Agresments al iria! for their fult

I
H
Bi
i
sl

terms and effect.
8. On or about the 16" and the 28" day of August, A.D., 2007, the

Cc FA L”

Plaintiffe paid to the Oefendants the sums of $7,500.00,
respectively for its services to he done pursuant to paragraph 4,

2. No part of the said service or warks has been carried out of dane.
10. By reason of the facts and matters hereinbefara set oul |.
52wk-Hi 52wk-Low paragraph 4 the said sums have not been repaid to the Plaintiffs
Abaco Markets
Bahamas Property Fund
Bank of Bahamas
Benchmark

Bahamas Waste
Fidelity Bank

Cable Bahamas : : . .

Colina Holdings . 12
Commonwealth Bank (S1)

Consolidated Water BDRs

Doctor's Hospital

Famguard

Finco

FirstCaribbean Bank

Focol (S)

Focol Class B Preference

Freeport Concrete : 7 . - A

ICD Utilities an
J. S. Johnson

Pi

wholly or in part.

11, In the premises the Defendants became and are fiable to copay the

aggregate sum of $15,000.00 to the Plaintiffs.

Despite written request from the Plaintif and thew Attomeys.
Messrs. Halstury Chambe . dated ag follows, tho J" day of
January, A.D., 2008 and the 29", 26", 23" and 21°" November,
A.b.,2007, respectively, the Defendants have wrongfully refused
and neglected to repay the said sum of $15,000.00 or any suns.
By reason of the aforesald the Plaintiffs claim the saw sum of
$15,000.00 from the First and Secand Defendants *
Bet BOG Low 14. Further the Plaintiffs claim interest pursuant to the Civil

Bahamas Supermarkets

4 9 a : ay-be
Caribbean Crossings (Pref) Procedure(Award) Interest Act, 1992 on all such sums as may be

found due to the Plaintiffs al the rate of & per cent per annum from

ie SOUN
ABDAB 43.00 29" November, A.D, 2007 the date of demand or alternatively at
Bahamas Supermarkets 15.60
0.55 . such rate and far such period as the Court thinks tt.

ee SX Listed Mutual Funda Hs
S2wk-Low Fund Name NAV YTO% Last 12 Months
1.2576 Colina Bond Fund : 1.323145*°* 2.41% 5.21%
2.7399 Colina MSI Preferred Fund 2.990639°"* -0.34% 9.15% (i)
1.3467 Colina Money Market Fund a 1.96% 4.23%
3.3971 Fidelity Bahamas G & | Fund : -5.17% 9.38%
11.7116 Fidelity Prime Income Fund 12.2702*** 2.82% 5.73%
100.0000 CFAL Global Bond Fund 100.00°* (it) loterest; and
98.2100 CFAL Global Equity Fund 99.956603" -0.04% -0.04%
1.0000 CFAL High Grade Bond Fund 1.00°* (il) Further other retief the Court thinks just; and
9.5611 Fidelity International Investment Fund 9.5611°** -8.94% -B8.94%
1.0000 FG Financial Preferred Income Fund 1.0110°"* 1.10% 1.10% (lv) Costs.
1.0000 FG Financial Growth Fund : 0.62% 0.62%
FG Fin jal Diversified Fund J 0.98% 0.98%

AND the Plaintiff claims:
the sum of $15,000.G0 ay set out in paragraph 11 herein

tagether with interest thereon as set oul in paragraph 14 herein





| March 2008
-31 December 2007 £4 BF steteenet re WETS Te eTe cease feeeer sec reee rece
30 June 2008 HALSBURY CHAMBERS
31 Apel 2008 HALSBURY GOMMERCIAL CENTRE
Weekly Vol. - Trading volume of the prior week ttt - 27 June 2008 VILLAGE ROAD, NORTH
EPS $ - A company's reported earnings per share for the last 12 mths NASSAU, THE SAHAMAS
NAV - Net Asset Value
N/M - Not Meaningful
FINOEX - The Fidelity Bahamas Stock Index. January 1, 1994 = 100

YIELD - last 12 month dividends divided
S2wk-Hi - Highest closing price in last 52 weeks Bid $ - Buying price of Colina and Fidelity
S52wk-Low - Lowest closing price In last 52 weeks Ask § - Selling price of Colina and fidality
Previous Close - Previous day's weighted price for daily volume Last Price - Last traded over-the-counter price
Today's Close - Current day's weighted price for daily volume
Change - Change in closing price from day to day
Daily'Vol. - Number of total shares traded today
DIV $ - Dividends per share paid in the last 12 months
P/E - Closing price divided by the last 1? month earnings



ATTORNEYS FOR THE PLAINTIFF

This wit was fesued by HALSBURY CHAMBERS whase wddiess for service is
alshbury Commercial Ceutre, Villece Road. North, P.O. Bex CR-SO766 Suite HSAR,
Naagan, Vie Rahonvis, Storr y 1 for es Piapo est N

’*) ~ A-for-1 Stock Split - Effective Date 8/8/2007

(S31) - 3-for-1 Stock Spit - Effective Date 7/11/2007

% “FO TRADE GALLE OLA Baa Kb a F016 PFI
iis cE Re Oe NSE





V BAS dis 7 76H (RO CARIT AL i arudiirs ou 2-306-A000 | FOR MORE BATAS INBORMATION COLE Die fhe 2595







PAGE 10B, TUESDAY, AUGUST 5, 2008

GN-722



COURT

COMMONWEALTH OF THE BAHAMAS :
THE SUPREME COURT :

PROBATE DIVISION :

7TH AUGUST, 2008 :

PROBATE DIVISION

No. 2008/PRO/npr/00345

Whereas JANE BAIN, of Sandy Point, Abaco,
one of the Islands of the Commonwealth of The :
Bahamas, has made application to the Supreme :
Court of The Bahamas, for letters of administration :
of the Real and Personal Estate of TERRY JANE :
BAIN, late of Infinity Drive, Eastern District, New :
the Islands of the :
Commonwealth of The Bahamas, deceased. :

Providence, one of

Notice is hereby given that such applications will
be heard by the said Court at the expiration of 14 :

days from the date hereof.

Desiree Robinson
(for) Registrar

COMMONWEALTH OF THE BAHAMAS :
THE SUPREME COURT :

-’ PROBATE DIVISION :

7TH AUGUST, 2008 :

No. 2008/PRO/npr/00420

COMMONWEALTH OF THE BAHAMAS :
THE SUPREME COURT :

PROBATE DIVISION :
7TH AUGUST, 2008 :
: The Personal Representative, in the above estate

: granted to DAVID C. DAMBRUN, the Personal

2 No. 2008/PRO/NPR/00436

| days from the date hereof.

Desiree Robinson
(for) Registrar

i 7TH AUGUST, 2008

Whereas HENDERSON BULLEN, of Cable Beach, |
Western District, New Providence, and LUCILLE :
BULLEN, of Garden Hills, Southern District, New :

Providence one of the

Islands of the :

Commonwealth of The Bahamas, Attorneys by :
Deed of Power of Attorney for Marcia Priscilla :
Bullen, the mother, has made application to the :
Supreme Court of The Bahamas, for letters of :
administration of the Real and Personal Estate of :
ALBERT BULLEN, late of #35 Berkley Street, :
Ridgeland Park, New Provideéfice, one of the :
Islands of the Commonwealth of The Bahamas, :

deceased.

Notice is hereby given that such applications will
be heard by the said Court at the expiration of 14 |

days from the date hereof.

Desiree Robinson
(for) Registrar



i Providence, one of the Islands of the :
: Commonwealth of The Bahamas, Attorney-At- :
i Law, the Authorized Attorney in The Bahamas for :
: obtaining the Resealing of Letters Testamentary, :
i in the above estate granted to MARY BAKER, :
: the Executor of the Estate, of the Surrogate’s Court :
. ! of The State of New York Delaware County, on :
: the 20th day of December, 2004.

COMMONWEALTH OF THE BAHAMAS :

THE SUPREME COURT ':
PROBATE DIVISION ;
7TH AUGUST, 2008 ;

No. 2008/PRO/NPR/00434

Whereas JETHRO L. MILLER of the City of |
Freeport, Grand Bahama, one of the Islands of :

the

ommonwealth of The Bahamas has made :

application to the Supreme Court of The Bahamas, :
for letters of administration with the Will annexed :
of the Real and Personal Estate of ROBERT LEVY :
LAING (a.k.a ROBERT LEVI LAING) late of the :
Settlement of High Rock, Grand Bahama, one of :
the Islands of the Commonwealth of The Bahamas :

deceased.

: NOTICE is hereby given that after the expiration :
of fourteen days from the date hereof, application :

Notice is hereby given that such applications will
be heard by the said Court at the expiration of 21 :

days from the date hereof.

Desiree Robinson
(for) Registrar

COMMONWEALTH OFTHE BAHAMAS
THE SUPREME COURT :
PROBATE DIVISION :

No. 2008/PRO/NPR/00435

~ 7TH AUGUST, 2008 :

Whereas JETHRO L, MILLER of the City of |
Freeport, Grand Bahama, one of the Islands of :

the

ommonwealth of The Bahamas has made :
application to the Supreme Court of The Bahamas,

for letters of administration with the Will annexed :
of the Real and Personal Estate of HENRY A, :
HEPBURN late of 121 Scott Avenue, Freeport, :
Grand Bahama, one of the Islands of the :
Commonwealth of The Bahamas deceased. :

Notice is hereby given that such applications will

be heard by the said Court at the expiration of 21 :
! NOTICE is hereby given that after the expiration :
: of fourteen days from the date hereof, application :
i will be made to the Supreme Court of The :
: Bahamas in the Probate Division by HARRY :
' BRACTON SANDS, of Western District, New :

days from the date hereof.

Desiree Robinson
(for) Registrar

2008/PRO/NPR/00437

TD 113 RD, Scotland, deceased.

NOTICE is hereby given that after the expiration :
: of fourteen days from the date hereof, application :
will be made to the Supreme Court of The Bahamas :
in the Probate Division by ANTHONY N. :
: KLONARIS AND PAMELA L. KLONARIS, both :
: of Western District, New Providence, one of the :
i Islands of the Commonwealth of The Bahamas, :
: Attorney-At-Law, the Authorized Attorney in The :
: Bahamas for obtaining the Resealing of :
? Confirmation, in the above estate granted to IAN :
: MACDONALD, PATRICIA ELEANOR TREVOR :
i MENZIES AND MIRANDA JANE JENKINSON, :
the Executors of the Estate, of the Jedburgh Sheriff:
Court District, on the 12th day of March, 2008. :
: IN THE ESTATE OF HELEN R. SEGER (a.k.a.
: HELEN RUTH SEGER), late and domiciled of.
: 2971 N.W. 95th Avenue, Coral Springs, in the
: State of Florida, one of the States of the United
: States of America, deceased.

Desiree Robinson
(for) Registrar

PROBATE DIVISION
7TH AUGUST, 2008

2008/PRO/NPR/00438

America, deceased.

Desiree Robinson
(for) Registrar

: PROBATE DIVISION

7TH AUGUST, 2008
2008/PRO/NPR/00439

of America, deceased.

will be made to the Supreme Court of The Bahamas :
: in the Probate Division by EARL A. CASH, of :
: Western District, New Providence, one of the :
: Islands of the Commonwealth of The Bahamas, :
? Attorney-At-Law, the Authorized Attorney in The :
! Bahamas for obtaining the Resealing of Letters of :
: Special Administration, in the above estate granted :
: to LEIGH F. WAGGONER, the Personal ;
: Representative of the Estate, of the state of |
Wisconsin, Circuit Court, Washburn County on :

: IN THE ESTATE OF BETTY FENWICK ROOK,
: late and domiciled of Saint Olaves 86 East Street,
: Fritwell, Oxfordshire, England and Wales, United
: Kingdom, deceased.

the 8th day of September, 2006.

Desiree Robinson
(for) Registrar



PROBATE DIVISION
7TH AUGUST, 2008

2008/PRO/NPR/00440

of America deceased.

THE TRIBUNE

Providence, one of the Islands of the
Commonwealth of The Bahamas, Attorney-At-
Law, the Authorized Attorney in The Bahamas for
obtaining the Resealing of Letters of Authority for

: Representative of the Estate, of the state of
: Whereas PAULA CAREY of the City of Nassau ;

: New Providence one of the Islands of the :
: Commonwealth of The Bahamas has made :
: application to the Supreme Court of The Bahamas, :
: for letters of administration with the Will annexed :
: of the Real and Personal Estate of TERESA :
: RAMSEY late of Petticoat Lane in the Island of :
i New Providence, one of the Islands of the :
: Commonwealth of The Bahamas deceased, :
i 7TH AUGUST, 2008
i Notice is hereby given that such applications will :
i be heard by the said Court at the expiration of 14 |

: INTHE ESTATE OF MYRNA K. CHASE, late and
i domiciled of 25 Old Salem Road, West Orange,
: New Jersey, one of the States of the United States
: of America, deceased.

Michigan, Probate Court, County of Clinton on the
23rd day of April, 2007.

Desiree Robinson
(for) Registrar

PROBATE DIVISION

2008/PRO/NPR/00441

: NOTICE is hereby given that after the expiration
: of fourteen days from the date hereof, application
: will be made to the Supreme Court of The Bahamas
: in the Probate Division by SHANNELLE SMITH,
: of Westem District, New Providence, one of the
: Islands of the Commonwealth of The Bahamas,
IN THE ESTATE OF JOHN MAXWELL MENZIES, :
late and domiciled of Kames, Duns Berwickshire :
: Testamentary, in the above estate granted to

Attomey-At-Law, the Authorized Attomey in The
Bahamas for obtaining the Resealing of Letters

DAVID C. DAMBRUN, the Personal
Representative of the Estate, of the state of New
Jersey, Essex County Surrogate’s Court on the
25th day of June, 2004.

Desiree Robinson
(for) Registrar

PROBATE DIVISION
7TH AUGUST, 2008

2008/PRO/NPRI00442

: NOTICE is hereby given that after the expiration
: of fourteen days from the date hereof, application
: will be made to the Supreme Court of The Bahamas
: in the Probate Division by MICHELLE
: ANTOINETTE HORTON, of Eastern District, New
IN THE ESTATE OF MARTHA F. GORMAN, late :
and domiciled of Davenport in the State of New :
York, one of the States of the United States of
: obtaining the Resealing of Letters Administration,

: in the above estate granted to RUTH COTTRELL-:
NOTICE is hereby given that after the expiration |
of fourteen days from the date hereof, application :
will be made to the Supreme Court of The Bahamas :
in the Probate Division by KENDOLYN V. :
CARTWRIGHT, of Eastern District, New :

Providence, one of the Islands of the
Commonwealth of The Bahamas, Attorney-At-
Law, the Authorized Attorney in The Bahamas for

BAIN, the Personal Representative of the Estate,
in the Circuit Court For Broward County, Florida
on the 17th day of August, 2007.

Desiree Robinson
(for) Registrar

PROBATE DIVISION
7TH AUGUST, 2008

: 2008/PRO/NPR/00443

IN THE ESTATE OF PETER DONALD HAIGH,
: late and domiciled of Valletta Rookwood Road,
: West Wittering Chichester, West Sussex, P020,
: 8LT, United Kingdom, deceased.

: NOTICE is hereby given that after the expiration
: of fourteen days from the date hereof, application
: will be made to the Supreme Court of The Bahamas
in the Probate Division by RAQUEL L. WILSON,
: of Southern District, New Providence, one of the
IN THE ESTATE OF PHYLLIS EILEEN FARLEY, :
late and domiciled of R.2, in the City of Spooner, :
in the County of Washburn, in the State of :
Wisconsin, one of the States of the United States :
: NANCY SOMERVILLE HAIGH, the Executor and
: Trustee of the Estate, in the High Court of Justice,

Islands of the Commonwealth of The Bahamas,
Attorney-At-Law, the Authorized Attorney in The
Bahamas for obtaining the Resealing of Letters
Administration, in the above estate granted to

the District Probate Registry at Leeds on the 22nd
day of December, 2004.

Desiree Robinson
(for) Registrar



PROBATE DIVISION
7TH AUGUST, 2008

2008/PRO/NPR/00444

: NOTICE is hereby given that after the expiration
: of fourteen days from the date hereof, application
: will be made to the Supreme Court of The Bahamas
: in the Probate Division by PETRA M. HANNA-
: WEEKES, of Freeport, Grand Bahama, one of the
: Islands of the Commonwealth of The Bahamas,
IN THE ESTATE OF RICHARD W. DAMBRUN, :
late and domiciled of 702 Fairgrounds No. 720, in :
the City and County of Sacramento in the State :
: of California, one of the States of the United States :
: the Executors and Trustees of the Estate, in the
: High Court of Justice, The Probate Registry of

Attorney-At-Law, the Authorized Attorney in The
Bahamas for obtaining the Resealing of Grant of
Probate, in the above estate granted to HAYDON
BRADSHAW AND MICHAEL LESLIE PAYNE,

Wales on the 17th day of June, 1992.

Desiree Robinson
(for) Registrar





GN-722

THE TRIBUNE



SUP
COURT

PROBATE DIVISION
7TH AUGUST, 2008

2008/PRO/NPR/00445

IN THE ESTATE OF JACK ELMER STENABAUGH,
late and domiciled 379 Falcon Road, Huntsville,

Ontario POA 1KO, deceased.

NOTICE is hereby given that after the expiration of
fourteen days from the date hereof, application will :
be made to the Supreme Court of The Bahamas in }

the Probate Division by PETRA M. HANNA- :

WEEKES, of Freeport, Grand Bahama, one of the :
Islands of the Commonwealth of The Bahamas, :
- Attorney-At-Law, the Authorized Attorney in The :
Bahamas for obtaining the Resealing of Letters of :
Probate, in the above estate granted to BRENDA :
BARBARA STENABAUGH, the Executrix and :
Trustees of the Estate, in the Superior Court of :
Justice, Ontario on the 6th day of October, 1994. :

Desiree Robinson
(for) Registrar

PROBATE DIVISION
7TH AUGUST, 2008

2008/PRO/NPR/00446

_ No. 2008/PRO/npr/00454

Whereas KERMIT MONCEL CAMPBELL, of Soldier :
Road, Southern District, New Providence, one of :
the Islands of the Commonwealth of The Bahamas, :
has made application to the Supreme Court of The :

IN THE ESTATE OF ALBERT MICHAEL MAGUIRE,
late and domiciled of 89 Lower Road Fulwood :
Preston Lancashire, England and Wales, deceased. :

NOTICE is hereby given that after the expiration of :
fourteen days from the date hereof, application will :
be made to the Supreme Court of The Bahamas in :
the Probate Division by PETRA M. HANNA- :
WEEKES, of Freeport, Grand Bahama, one of the :
Islands of the Commonwealth of The Bahamas, :
Attorney-At-Law, the Authorized Attorney in The :

Bahamas for obtaining the Resealing of Letters of :
Probate, in the above estate granted to ANDREW :
ROY JAMESON, the Executor and Trustee of the :

Estate, in the High Court Of Justice, the District ;

ProbateiRegistity at Newcastle Upon Tyne on the |

12th day of July, 2002.

Desiree Robinson
(for) Registrar

COMMONWEALTH OF THE BAHAMAS :
THE SUPREME COURT :

PROBATE DIVISION ;

7TH AUGUST, 2008 :

No. 2008/PRO/npr/00448

Whereas CASTINO SANDS of .Montrose Avenue }
in the Eastern District of the Island of New :
Providence, one of the Islands of the Commonwealth :
of The Bahamas has made application to the :
Supreme Court of The Bahamas, for letters of :
administration with the Will annexed of the Real and :
Personal Estate of FREDERICK ALLERTON :
BOOTH late of San Jose, Monte de Oca, in the ;

Republic of Costa Rica, deceased.

Notice is hereby given that such applications will be
heard by the said Court at the expiration of 14 days :

from the date hereof.

Nicoya Neilly
(for) Registrar

COMMONWEALTH OF THE BAHAMAS :
THE SUPREME COURT :

PROBATE DIVISION :

7TH AUGUST, 2008 ;

No. 2008/PRO/npr/00449

Whereas SHIRLEY MAE COOPER of Yellow Elder :
Gardens in the Island of New Providence, one of }
the Islands of the Commonwealth of The Bahamas :
has made application to the Supreme Court of The :
Bahamas, for letters of administration of the Real :
and Personal Estate of LAWRENCE WHYMS a.k.a. :

LAWRENCE WHYMMS late of Mason Addition in :
the City of Nassau, in the Island of New Providence, :

one of the Islands of the Commonwealth of The

Bahamas, deceased.

Notice is hereby given that such applications will be

heard by the said Court at the expiration of 14 days :

from the date hereof.

Nicoya Neilly
(for) Registrar

COMMONWEALTH OF THE BAHAMAS |
THE SUPREME COURT :

PROBATE DIVISION |

7TH AUGUST, 2008 :

No. 2008/PRO/npr/00452

Whereas CATHERINE OWEN nee MCQUEEN of |
Bahama Shores, Coral Ridge No.4 in the Island of :
Abaco, one of the Islands of the Commonwealth of

The Bahamas has made application to the Supreme :
Court of The Bahamas, for letters of administration :
of the Real and Personal Estate of KENNETH OWEN :
a.k.a. KENNETH LLOYD OWEN late of Bahama :
Shores, Coral Ridge No.4 in the Island of Abaco, :
one of the Islands of the Commonwealth of The :

Bahamas, deceased.

Notice is hereby given that such applications will be
heard by the said Court at the expiration of 21 days

from the date hereof.

Nicoya Neilly
(for) Registrar

COMMONWEALTH OF THE BAHAMAS :
THE SUPREME COURT :

PROBATE DIVISION :

7TH AUGUST, 2008 :

No. 2008/PRO/npr/00453

Whereas GWENDOLYN CLAUDE of No. 64 Drake :
Avenue in the City of Freeport in the Island of Grand :
Bahama, one of the Islands of the Commonwealth :
of The Bahamas has made application to the :
Supreme Court of The Bahamas, for letters of :
administration of the Real and Personal Estate of :
LIVINGSTONE SAUNDERS late of Okra Hill in the :
Island of New Providence, one of the Islands of the :
Commonwealth of The Bahamas, deceased. :

Notice is hereby given that such applications will be
heard by the said Court at the expiration of 14 days :

from the date hereof.

Nicoya Neilly
(for) Registrar



COMMONWEALTH OF THE BAHAMAS :
THE SUPREME COURT
PROBATE DIVISION :
7TH AUGUST, 2008 :

Bahamas, for letters of administration of the Real :
and Personal Estate of MILDRED IRENE :-
CAMPBELL, late of Albury Street Chippingham, :
New Providence, one of the Islands of the :
Commonwealth of The Bahamas, deceased. ;

Notice is hereby given that such applications will be
heard by the said Court at the expiration of 14 days :

from the date hereof.

D. Robinson
(for) Registrar

COMMONWEALTH OF THE BAHAMAS :
THE SUPREME COURT :

PROBATE DIVISION ;

7TH AUGUST, 2008 :

2008/PRO/npr/00455

IN THE ESTATE OF ALICIA A. YANKOVICH, late
of 1616 Carlton, Parma, Cuyahoga County of the ;
State of Ohio, one of the States of the United States :

of America, deceased.

NOTICE is hereby given that after the expiration of :
fourteen days from the date hereof, application will :
be made to the Supreme Court of The Bahamas in :
the Probate Division by MELISSA L. SELVER of
the Western District, New Providence, one of the :
Islands of the Commonwealth of The Bahamas, :
Attorney-At-Law, the Authorized Attorney in The :
Bahamas for obtaining the Resealed Grant of Entry :
Appointing Fiduciary, Letters of Authority in the :
above estate granted to JOSEPH RAYMOND :
YANKOVICH, the Administrator, of the Estate by :
the Probate Court of Cuyahoga County in the State :
of Chio, one of the States of the United States of :
America on the 18th day of May, 2005. :

D. Robinson
(for) Registrar

COMMONWEALTH OF THE BAHAMAS :
THE SUPREME COURT :

PROBATE DIVISION

7TH AUGUST, 2008 ;

No. 2008/PRO/npr/00456

Whereas GIFFORD MARTIN, SR., of the City of :
Freeport, Grand Bahama, one of the Islands of the :
Commonwealth of The Bahamas, has made :
application to the Supreme Court of The Bahamas, :
for letters of administration with the Will annexed of :
the Real and Personal Estate of GIFFORD CORBIT :
MARTIN, JR., late of the City of Freeport, Grand :
Bahama, one of the Islands of the Commonwealth :

of The Bahamas, deceased.

Notice is hereby given that such applications will be
heard by the said Court at the expiration of 21 days :

from the date hereof.

D. Robinson
(for) Registrar

COMMONWEALTH OF THE BAHAMAS |
THE SUPREME COURT :

PROBATE DIVISION |

7TH AUGUST, 2008 |

2008/PRO/npr/00458

deceased.

TUESDAY, AUGUST 5, 2008, PAGE 11B

NOTICE is hereby given that after the expiration of
fourteen days from the date hereof, application will
be made to the Supreme Court of The Bahamas in
the Probate Division by JILLIAN T. CHASE-JONES
of Jacaranda, Western District, New Providence,
one of the Islands of the Commonwealth of The
Bahamas, Attorney-At-Law, the Authorized Attorney
in The Bahamas for obtaining the Resealed Grant
of Letters Testamentary in the above estate granted
to JUDITH LYNN MARTIN a.k.a. JUDITH LYNN
GEISLER and ROBIN ZIMMERMAN, the Co-
Executrixes, of the Estate by the Superior Court,
Chancery Division, Probate Part in Mercer County,
New Jersey one of the States of United States of
America on the 5th day of April, 1999.

D. Robinson
(for) Registrar

COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT

PROBATE DIVISION

7TH AUGUST, 2008

No. 2008/PRO/npr/00461

Whereas SHIRLEY CLEARE, of Carmichael Road,
Western District, New Providence, one of the Islands
of the Commonwealth of The Bahamas, the Executrix
has made application to the Supreme Court of The
Bahamas, for letters of administration with the Will
annexed of the Real and Personal Estate of HENRY
WILLIAM CLEARE, SR., late of Carmichael Road,-
Western District, New Providence, one of the Islands
of the Commonwealth of The Bahamas, deceased.

Notice is hereby given that such applications will be
heard by the said Court at the expiration of 14 days
from the date hereof.

D. Robinson
(for) Registrar

PROBATE DIVISION
7TH AUGUST, 2008

2008/PRO/NPR/00462

IN THE ESTATE OF VIRGINIA T. BARROW, late
and domiciled of III Woodland Avenue No.202
Lexington Kenturky, one of the States of the United
States of America, deceased.

NOTICE is hereby given that after the expiration of
fourteen days from the date hereof, application will
be made to the Supreme Court of The Bahamas in
the Probate Division by PETER G. FLETCHER, of
the Western District, New Providence one of the
Islands of the Commonwealth of The Bahamas,

Attorney-At-Law,dhe Authorized. Attorney. in The.

a

Bahamas for obtaining the Resealing:of Grant af,

Probate, in the above estate granted to JOHN P.
BARROW JR, the Executor of the Estate, in the
Court of Justice, Court District Probate, Fayette
County in the Commonwealth of Kenturky, on the
61h day of March, 2007.

D. Robinson
(for) Registrar

PROBATE DIVISION
7TH AUGUST, 2008

2008/PRO/N PR/00463

IN THE ESTATE OF MORTON J. CHRISTENSEN,
late and domiciled of 619 10th Street N. Naples,
Florida, one of the, States of the United States of
America, deceased. '

NOTICE is hereby given that after the expiration of
fourteen days from the date hereof, application will
be made to the Supreme Court of The Bahamas in
the Probate Division by W. CHRISTOPHER
GOUTHRO, of The Regent Centre, Freeport, Grand
Bahama one of the Islands of the Commonwealth
of The Bahamas, Attorney-At-Law, the Authorized
Attorney in The Bahamas for obtaining the Resealing
of Letters Administration for Personal Representative,
in the above estate granted to LORI BARKER the
nominated Personal Representative of the Estate,
in the Circuit Court for Collier County, Probate
Division, on the 16th day of January,

2008.

D. Robinson
(for) Registrar

PROBATE DIVISION
2008/PRO/NPR/00464

IN THE ESTATE OF GEOFFREY ARNOLD
LUCKHURST, late and domiciled of the City of
Nairobi in the Republic of Kenya, deceased.

NOTICE is hereby given that after the expiration of
fourteen days from the date hereof, application will
be made to the Supreme Court of The Bahamas in
the Probate Division by W. CHRISTOPHER
GOUTHRO, of The Regent Centre, Freeport, Grand
Bahama one of the Islands of the Commonwealth
of The Bahamas, Attorney-At-Law, the Authorized
Attorney in The Bahamas for obtaining the Resealing
Letters of Probate for Executor, in the above estate
gianted to NIGEL ADRIAN LUCKHURST the sole
Executor of the Estate, in the Royal Court of Jersey,

IN THE ESTATE OF AUGUSTINE C. GEISLER. , Probate Division, on the 2nd day of August, 2000.

late of 47 Cottage Court in the Township of Hamilton |
in the County of Mercer in the State of New Jersey, :
one of the States of the United States of America, :

D. Robinson
(for) Registrar

*

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PAGE 12B, TUESDAY, AUGUST 5, 2008

ea.
NAD

Nassau Airport

Development Company

Expression Of Interest

The Nassau Airport Development Company (NAD) is pleased to announce
the first of many requests for expressions of interest in the Lynden Pindling

International Airport Expansion Project. NAD is presently seeking expressions

of interest for the supply of landscaping material related to the Lynden Pindling
International Airport Expansion Project. Installation may be tendered separately
at a later date to coincide with landscaping milestones.

Interested parties are requested to provide the following information with
submissions: ,
Corporate Background — how long have you been in business, location,
size, types of materials that can be supplied, etc.
Financial Capacity — bank, account manager, financial statements
Project History — previous projects or clients, size, and value
Contact List — list of previous clients with contact information

Please reply to: Mr. Derek Thielmann, Construction Manager
Nassau Airport Development Company
Lynden Pindling International Airport
Nassau, Bahamas, PO Box AP 59229
derek.thielmann@nas.bs



THE TRIBUNE





Cat Cay retreat
sold pre-auction

A CAT CAY residence due
to be auctioned on July 22 was
sold to a private bidder prior
to that date, the auction house
revealed, having originally been
priced at $4.5 million.

Announcing its acceptance of

the pre-emptive bid, Sheldon |

Good & Compafty Auctions
said terms of the sale were not
disclosed. The new owner of
Pelican House has, for the past
eight years, has been a mem-
ber of the private Cat Cay Club.

Had the property gone to
auction, the minimum bid for
this weekend retreat (or sea-
sonal home) had been previ-
ously announced at $2.9 mil-
lion.

Steven L. Good, chairman
and chief executive of Sheldon
Good & Company Auctions,
said: ’We are retained to mar-
ket and sell real estate at auc-
tion. Most of the time, the sale
occurs at auction as planned;
sometimes the sale occurs prior
to the auction. We have
achieved our goal with Pelican
House, which was to have exe-
cuted a successful sale for our
client. We are pleased to have

AN AERIAL view of

accomplished that goal.”
Pelican House is the second

beachfront home on the private

Caribbean island that Sheldon

Good & Company has sold

working along with Larry
Roberts, the chief executive of
Bahamas Realty. Last year the
company successfully auctioned
Hi-Tide, another estate on Cat
Cay, for over $4.5 million.



Douglas Johnson, senior vice- -

president of Sheldon Good &
Company, said: “The auction
program was utilized in the case
of Cat Cay to create a market
for spectacular properties
where the buyer may come
from virtually anywhere. Cat
Cay is unique and located in a
very private, secluded area. It
was our understanding that

although our potential buyer
audience might not have previ-
ously heard of the location, we
were confident that once they
understood what the location
was all about, they would
absolutely fall in love.”

Sheldon Good’s senior vice-
president, David Latvaaho,
added: “Our auction pro-
gramme was successful; it iden-
tified the purchaser for this
highly prized estate. The pur-
chaser happily stepped forward
and made a pre-emptive offer
that was accepted by the own-
ership. We are thrilled for both
the new owner and the original
seller.”

Mr Roberts said: “Peiican
House is simply a very unique
property, as is the island itself.
What is unique about Cat Cay
is that it is essentially a private
Caribbean island with a club
owned by its members. In pur-
chasing Pelican House, the new
owner has laid claim to a home
on a private island where there
is nothing public going on.”

Mr Roberts was the broker
of record in the past Cat Cay
auction of Hi-Tide.

EMG aN UW ie
the #1 newspaper in circulation,
URS eR Per ed a CT

NOTICE

NOTICE is hereby given that FLOYD ANTONIO DURHAM OF
TAMARIND STREET, GENERAL DELIVERY, FREEPORT, GRAND
BAHAMA, 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 5th day of AUGUST, 2008 to the Minister responsible for
Nationality and Citizenship, P.O.Box N-7147, Freeport, Bahamas.



NOTICE

NOTICE is hereby given that NORMA CREARY
of #69 MALCOLM ALLOTMENT, P.O. BOX SB-
50746, 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 29TH day of JULY 2008 to
the Minister responsible for Nationality and Citizenship,
P.O.Box N- 7147, Nassau, Bahamas.

COMMONWEALTH OF THE BAHAMAS
IN THE SUPREME COURT

COMMERCIAL DIVISION COM/onk/00058

~ INTHE MATTER OF JERSEY PRIVATE BANK & TRUST (NASSAU) LIMITED
{In Voluntary Liquidation)



AND

IN THE MATTER OF THE COMPANIES ACT



NOTICE IS HEREBY GIVEN that a Petition for the winding up of the above-named
Company subject to the supervision of the Supreme Court was on the 30th day of July,
A,D,, 2008 presented to the said Court by Jersey Private Bank & Trust (Nassau) Limited, a
Company having its Registered Office situate at The Deanery, Cumberland Street in the
City of Nassau in the {sland of New Providence.

AND that the said Petition is directed to be heard before the Honourable Justice
Mrs, Cheryl Albury in Court in the Martborough Street Annex in the City of Nassau aforesaid
on Thursday the 2st day of August, A.D., 2008 at 12:30 in the afternoon and any creditor
of Contributor of the said Company desirous of supporting or opposing the making of the
Order on the said Petition may appear at the time of the hearing in person or by his counsel
for that purpose; and a copy of the Petition will be furnished by the undersigned to any
Creditor or Contributory of the said Company requiring such copy on payment of the
prescribed charge for the same.



CALLENDERS & CO,
Chambers
One Millars Court
Nassau, Bahamas
Attorney for the Petitioner

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fitm and must be signed by the persons or firm or his or their attomey (if any) and must be
signed or, if posted, must be sent by post in sufficient time to reach the above-named not
later than 4:00 o'clock on the afternoon of the 19th day of August, A.D., 2008.



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Full Text


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BAHAMAS EDITION

TUESDAY, AUGUST 5, 2008



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Pair injured;
police shoot
alleged
gunman in
separate
incident

A MOTHER and her two-
year-old son were shot by gun-
men who emerged from the
bushes as she drove in Golden
Gates Friday night.

It was around 11pm when
the mother was driving-in
Muttonfish Drive, and two
men approached the. vehicle,
‘shooting both her and her
young son in their left legs.

The mother and son were
taken to Princess Margaret
Hospital in a private car,
where they are currently in
stable condition.

Anyone with any informa-
tion which could assist inves-
tigations should call police
urgently on 322-3333 or
Crimestoppers on 328-8474.

Also at the weekend, police
arrested one man and shot
another accused of carrying
handguns in Nassau.

The shooting took place at

around 4pm on Sunday after
concerned residents reported

SEE page 10
















Mother an
toddler sno



THE FOX HILL CONGOS take oak in the Emancipation Rush Out i in Fox Hill The event took place in the
early hours of Monday morning. *° SEE PAGE SIX FOR MORE PHOTOS

THIS LITTLE boy listens in to the Royal Bahamas Police Force Band in
Fox Hill on Saturday. * SEE PAGE SEVEN FOR MORE PHOTOS

VERA LAELIA POA
Coral Harbour













Ginn Sur Mer

developers to
make ‘difficult
decisions’ after
missed deadline

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

IN A move that could have
serious.consequences for Grand
Bahama, developers behind the
Ginn Sur Mer project, have
announced that they will have to
make “difficult decisions relating
to the management and over-
sight” of their property in West
End after again missing a dead-
line set by their money lenders.

While it was not confirmed yes-

‘ terday, there is a possibility that
the lenders behind the $675 mil-
lion loan that backs part of the
company’s Grand Bahama prop-

rye TIM Oh
et K OI Cty s

drug smugglers
Be orarciac
be Bahamian

DRUG smugglers trans-
porting 33 bricks of mari-
juana worth up to $400,000
flashed a Bahamian driver’s
licence at Miami police offi-
cers before getting away.

The three men on a 20 to
25 ft speedboat were pulled
over by the Bay Harbour
Islands marine unit when
seen speeding through an
idle zone north of Haulover
Cut, off the coast of Miami,
Florida, at around 7pm on
Saturday.

When an officer asked

SEE page 14







erty as well as three other Ginn
properties in the United States
may foreclose on the four prop-
erties in view of the missed dead-
line.

Development companies affil-
iated with Bobby Ginn had been
given 30 days — until Thursday,
July 31— to work out a solution
to their financial woes after
defaulting on a loan repayment
on June 30.

The month long period was
intended to give them time to
restructure their loan and work
out a new payment plan, thereby
avoiding foreclosure on their

SEE page 10

Activist claims
Albany could
have impact on
water supply

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

ACCESS for Bahamians to a
consistent and affordable water
supply could be threatened if
Albany goes ahead, an American
environmental activist has
warned.

According to Samuel Sage, the
Environmental Impact Assess-
ment on the proposed luxury
development does not include evi-
dence of developers considering

its longterm impact on New Prov-

idence’s fresh water supply.

In an interview during a visit
to Nassau this weekend, Mr Sage
said that as far as he is concerned
water is the most important issue

SEE page 14

Claim that case has not yet been
brought to court four years
after $12,000 paid to lawyer

@ By MEGAN REYNOLDS
Tribune Staff Reporter

A GRANDFATHER claims he paid $12,000 to suspended lawyer
Andrew Thompson to take up his case four years ago, but it has not yet

been brought to court.

Willis Knowles, 81, of Chippingham, said he has been chasing Mr
Thompson to complete the quieting of his land in Tarpum Bay,

Eleuthera since 2004.

When The Tribune published the report yesterday that Mr Thomp-
son, a lawyer in his father James Thompson’s law chambers on First

SEE page 10




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THE TRIBUNE





LOCAL NEWS 2 !



ABOVE: Lenjohn Van Der Wel on board the 40 ft monohull Class 40
sailboat.

RIGHT: Lenjohn and Peter Van Der Wel on the deck of their boat. The
pair will leave Nassau and head to Portugal for the Global Ocean
Race.







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Felipé Major/Tribune staff

Brothers take to the waves
for the Global Ocean Race

HB By MEGAN REYNOLDS
Tribune Staff Reporter

BRAVE brothers are setting
sail from Nassau to Portugal today
in preparation for the Portimao
Global Ocean Race, their first
sailing race around the world.

Lenjohn and Peter Van Der
Wel, yacht captains in Nassau with

a passion for sailing, will sail the
40 ft monohull Class 40 sailboat
they had built for the race from
Portimao in Portugal to South
Africa, New Zealand, Brazil and
South Carolina before returning
to Portimao once again.

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During the 174 days they will
spend at sea, the South African-
born Dutch brothers will cross the
icy and treacherous Southern
Ocean known as the “roaring for-
ties” owing to the high winds and
large waves as winds blow around
the globe unimpeded by any land
mass, and temperatures’ drop
below 5 degrees centigrade.

Helicopters and rescue boats
will not be able to reach them as
they sail from continent to conti-
nent for up to 42 days at a time,
and the only support they will
have at sea will be from the other
13, or fewer, boats competing in
the race. eo

Lenjohn, 40, said: "We have
each sailed about 25,000 miles,
but we have never actually sailed
around the world. I am very cau-
tiously optimistic. It is a dangerous
thing we are doing but we would
not do it if we didn't think we
could."

The $750,000 boat has been
built and modified to withstand
the impact of hitting an iceberg
or a whale, as two global sailors
have done before, with three inner
walls and a watertight hull. And
should the sailboat flip upside
down, there is an escape hatch at
the rear.

Peter said: "Because the waves
are so big, when a gust of wind is
very strong, we could get knocked
down so the mast will hit the
water. And if we get things wrong
the boat can roll upside down, so
we have special hatches to crawl
through the bottom of the boat."

Notwithstanding survival
mechanisms, the Van Der Wel
brothers want to do well in the
race, so to keep their speed up
they must keep their weight down,
and endure further hardships.

They will survive on a diet of
dehydrated “space food”, carry
only eight litres of water a day,
and even.cut their toothbrushes
in half to lighten the load. As they
will be burning around 4,500 calo-
ries a day they each expect to lose
around 10 Ibs per leg of the race,
and therefore pick up speed.as
the race progresses.

They will each take only the
one pair thermals, a warm mid-

_ Pair to leave Nassau for round the world event

dle layer and waterproofs to wear,
and do their best to keep dry as
waves lap over the side of the sail-
boat. /

"Once we get wet we're done,"
Lenjohn said. "The gear we wear
is very uniquely designed, it is
almost like a space suit, so you do
stay dry: But we are perspiring as
well, and when you get wet your
body temperature drops, which
can be very dangerous."

Sleep deprivation is another
major challenge for the sailors,
who will only be able to catch 10
or 20 minutes of sleep on a bean
bag or cot every hour or two,
depending on the conditions.

The boat is fully equipped with
solar panels, internet access, and
two satellite phones. They will
access weather reports three times
a day and keep track of the other
boats, as well as communicate
directly with a weather router on
land who will help them plan the
shortest, quickest route each day
according to weather conditions.

In between each race the
brothers will stop for two to three
weeks in port where they will
revive their energy and supplies.
for the next journey, spending a
total of 89 days on land in the
eight month race which ends on
June 21, 2009.

"For us, we will be in our ele-
ment," Lenjohn said. "Because it
is the best feeling you will ever
experience."

The wide sailboats used in the
Portimao race are part of the
fastest growing monofleet in the
world, newly designed to race
downwind at up to 32 knots, as
fast as an intrepid powerboat, and

‘up to nine knots upwind. The Van

Der Wel's boat will be one of the
widest in the race at 13 ft wide.
The Tribune will be tracking
their progress as the Van Der Wel
brothers sail around the world.
Although they have received
some sponsorship to build the
boat, the race will cost the Van
Der Wal's another $250,000 to
compete, and they are appealing
for further sponsorship.
To track, support or sponsor
the Van Der Wel brothers log on
to www.vanderwel-racing.com.

CFAL’s comprehensive pension consulting services can help
you design and manage a group retirement plan that’s exactiy
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 that’s right for you and

your employees.





| www.cfal.com, ,

Nassau - T: 242-502-7010 | F: 242-356-3677
Freeport - T: 242-351-8928 | F: 242-351-4050
info@cfal.com
THE TRIBUNE

LOCAL NEWS

TUESDAY, AUGUST 5, 2008, PAGE 3





Drug arrest
mate at
Lucayan
Harhour

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

FREEPORT - A drug
arrest was made at Lucayan
Harbour on Friday when a
male passenger allegedly
attempted to smuggle several
packages of marijuana
onboard the mailboat, mv
Fiesta.

According to reports, the
suspect — a 31-year-old male
resident of Carmichael Road,
New Providence — jumped
overboard into the sea to
avoid discovery of the drugs
and capture by police.

Chief Superintendent of
Police Basil Rahming said the
incident occurred around
10.55pm on Friday while pas-
sengers were being screened
to board the mv Fiesta for
New Providence.

Mr Rahming said a male
passenger, who arrived at the
checkpoint, refused to allow
the security officer to search
his travel bag.

The security officer alerted
a police officer. As the officer
approached the man, he sud-
denly jumped overboard into
the sea with his travel bag.

Supt Rahming said the offi-
cer received assistance from a
BORCO tugboat crew and
was able to pull the man and
his bag from the water. During
a search of the bag, five taped
plastic packages, containing
marijuana, were discovered.

The suspect was arrested
and taken into custody at the
Drug Enforcement Unit.

Formal charges are expect-
ed to be filed this week.

Police find
out-of-season
crawiish _
worth more
than $41,000

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

A 47-year-old man has been
taken into custody in connec-
tion with the discovery of
more than $41,000 worth of
out-of-season crawfish.

Police found the 3,200
pounds of illegal catch a day
before the season opened —
on July 31 — after executing a
search warrant on a home in
Stafford Creek, Central
Andros.

The owner of the home is
expected to appear before the
local magistrate as early as
tomorrow.

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Ve brief GOVT TO REACT SOON TO ’BRILANDERS’ COMPLAINTS ABOUT ‘LITTLE Harr

Minister: We will deal with illegal
immigration in Harbour Island

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

STEPS will soon be taken to deal
with the illegal immigration “situa-
tion” in Harbour Island — although it
must be remembered many Haitians
live and work there legally, Minister of
State for Immigration Branville
McCartney said Friday.

Mr McCartney had been asked
whether the Immigration Department
was likely to react to complaints by
some "Brilanders, who allege that their
community is becoming like “Little
Haiti”, with a dangerous “Haitian
mafia” from Abaco infiltrating the
island and committing crimes.

Locals claimed in July that the num-
ber of immigrants on the island is
“multiplying uncontrollably.”

They accused government of “turn-
ing a blind eye” to the problem.

Mr McCartney said: “(’Brilanders)
have been calling in (and) we will be
dealing with that situation. Just as we



have started to deal with the situation
in New Providence, we will be dealing
with the situation in Harbour Island.
“But again remember, they may say
there are a number of illegal — and
they mention Haitians — but the fact



“... we will be
dealing with that
situation. Just as we
have started to deal
with the situation in
New Providence, we
will be dealing with
the situation in —
Harbour Island.”

Branville McCartney



Ye

of the matter is there are a number of
legal Haitians there as well. So you’ve
got to bear that in mind.”
Emphasising his point, Mr McCart-
ney said that at an Immigration Board
meeting he would be taking part in

that morning — a weekly event — he.
anticipated the “majority” of applica-
tions for work permit renewals set for
review “will be from Haitians” living
and working across the Bahamas. '

“It’s like that,” he said. “I'll be doing
that for the rest of the day.”

Despite this, Mr McCartney said that
an immigration team “will be moni-
toring Harbour Island to make a deter-
mination” as to what action to take.

He encouraged any persons wishing
to work in the Bahamas to “comply
with the law.”

“Just come the right way. Make the

. application. The answer will be ‘yes’ or

‘no’, if it's ano you have a right to say
can it be reconsidered. But please
come the right way.”

Mr McCartney was speaking at a
press briefing on Friday.

He called on all Bahamians to help
stem the tide of illegal immigration,
stating, “If we don’t arrest this problem
we will have difficulties in the future.
We are having difficulties now.”

BSA rites w Cem ece te
with utmost dignity and respect’

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

IMMIGRATION officers
have been told that illegal immi-
grants entering the Bahamas
are to be treated with the
“utmost dignity and respect”,
Minister of State for Immigra-
tion Branville McCartney said
on Friday.

“T have indicated to the offi-
cers of the Immigration Depart-
ment in particular that we
expect nothing less in that
regard,” Mr McCartney said
during a press briefing about
the work his department has
been doing to combat illegal
immigration.

“We must always remember
that although people may be
coming here illegally they are
coming here because of cir-
cumstances in their home. They
are coming here because of
depressed circumstances and
they are to be treated with
respect.”

Mr McCartney made the
statement as he thanked the
police, the Defence Force and
Immigration officers for their
work towards ensuring the suc-
cessful capture of almost 300
illegal Haitians caught trying to
land off South Beach, New
Providence.

He said that he was particu-

‘larly pleased with the “human-

itarian actions” taken by some
of the officers towards the
Haitians, many of whom were
suffering from dehydration and
other ailments stemming from
their long voyage on the packed
vessel.

While one repatriation flight
took place this week to take
some of the boat’s occupants
back to Haiti, some still remain
in the Detention Centre.

Mr McCartney said that prior
to being forced to leave the



Three Haitians arrested at Grand
Bahama International Airport

@ By DENISE MAYCOCK

Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - Three Haitians were arrested at Grand
Bahama International Airport after arriving on a flight from

New Providence.

Chief Superintendent of Police Basil Rahming said two
Haitian women, both 38 years old, and a 41-year-old Haitian
man, had disembarked from a Western Air flight around

7.55pm on Friday.

He said it was discovered that the individuals had entered
the Bahamas illegally. They were then turned over to immi-
gration officials for further investigation.



country all of the immigrant
were “checked thoroughly to
make sure that they were not
refugees”, which would have
given them the right to seek
political asylum in this country
rather than face deportation.
Asked then whether the
Immigration Department had
addressed concerns raised in the
2006 United States Human

Rights report that the Bahamas ©

government failed to “screen
potential asylum applicants ade-
quately”, having insufficient
Creole-speaking immigration
officers, Mr McCartney and his
colleagues, including Immigra-
tion Director Vernon Burrows,
laughed.

“We have more people here
who speak Creole than speak
English,” the Minister joked.

Questioned as to whether this
was the case ‘because the
Department had acted on the
points raised in the 2006 report,
or whether it showed that the
criticism was unfair, Mr
McCartney said, “It wasn’t fair,



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it wasn’t fair.” The report had
stated: “Local-and internation-
al human rights observers criti-
cised the government for fail-
ing to screen potential asylum
applicants adequately. These
organizations claimed that some
Haitians with a legitimate fear
of persecution were repatriat-
ed without having the opportu- S
nity to make a claim for asy- \ Oe 5 ce
lum. ,

“There were insufficient Cre-
ole-speaking immigration offi-
cers, and Haitian migrants often
were unaware of their right to
claim asylum, resulting in limit-
ed requests for asylum screen-
ing. In addition those requesting
asylum screening often lacked
access to legal counsel.”

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Telephone: (242) 323-6145
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Telephone: (242) 362-6527, Fax: (242) 326-9953
P.O. Box N-121, Nassau, N.P., Bahamas
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Macleira St, [242] 325-8233 » ran POR a 322-5251 ° SER RL |
PAGE 4, TUESDAY, AUGUST 5, 2008





The Tribune Limited

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

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

SIR ETIENNE DUPUCH, Kt.,
(Hon.) LL.D., D.Litt. ,

O.B.E., K.M., B.C.S.G.,

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
Switibwaed (News, Circulation and Advertising) 322-1986

Advertising Manager -

(242) 502-2352

Circulation Departme: ( - (242) 502-2387
Nassau Fax: - (242) 328-2398
Freeport, Grand Bahama: 1-(242)-352-6608
Freeport fax: (242) 352-9348



a

Bahamas not ‘honeymoon hell’

BAHAMAS branded a ‘honeymoon hell’ —
British newspaper warns about rising murder
rates.

This was The Tribune’s headline on Friday.

It was the assessment given the Bahamas —
not by The Tribune — but by The Daily Tele-
graph, London’s leading broadsheet with a cir-
culation of about 2.66 million.

Some Bahamians were shocked by the head-
line. This was the reaction The Tribune hoped
for, because when people are shocked they tend
to resolve to de something about the problem.

However, what was not intended was that
anyone should think that by The Tribune toning
down its headline the problem would go away.
That’s the very attitude the London newspa-
pers have accused this country and other
Caribbean resorts of doing — managing to “play
down their frightening crime rates.”

We were told that our headline would have
the shock value of frightening away American
tourists — our main bread and butter. We were
told that the headline would do a tremendous
disservice to tourism, especially in the US. They
forget that The Tribune is not writing for the
American market, nor even the British mar-
ket. We are writing for Bahamians. We are
informing Bahamians of how others in the world
see us. We are trying to shock them into indi-
vidually taking responsibility for changing this
country’s image. If it takes shock treatment to
get a reaction and change, then we shall con-
tinue to shock. It is now up to Bahamians to
turn the negative into a positive.

The Tribune is not yet on the web and so
the Americans who would read our newspaper
and be influenced by it are already in the
Bahamas. They would know from their experi-
ence that, although like every country in the
world, Britain included, the Bahamas has a

« crime problem, that problem — as far as the
Bahamas is concerned has been exaggerated
. by the British press.

For example, London’s respected Econo-
mist magazine in its January edition reported a
week after 11 villagers were murdered in a small
town in Guyana that the “prosperous Bahamas
is far more dangerous than impoverished
Guyana.”

Any American living or visiting here and
reading The Tribune will know that although
the Bahamas’ crime rate is unprecedented for
the Bahamas, it is nowhere in the same league
as either Guyana or Jamaica, or any of the oth-
er “where-not-to-go” Caribbean islands men-
tioned in the UK reports.

If anyone of these Americans reading the
Tribune’s Friday headline decides not to return
to the Bahamas, it will not be because of the





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headline, but because of the treatment he or
she has:received from some Bahamian who has
not lived up to the reputation this country has of
having “friendly, lovely people.” And now with
such adverse reports about us, these are the
“friendly, lovely people” who are going to have
ta come out of hiding and shine.

However, The Daily Telegraph is on the
web and what we published locally for our read-
ers is only a small part of what the world —
not just England, or the United States — is
reading about us. What Bahamians should be
worried about is the 2.66 million Daily Tele-
graph readership, not The Tribune’s — by com-
parison — limited readership.

The bad press that started the focus on
Caribbean resorts was the murder of a British
doctor and her husband on the last day of their
two-week honeymoon in Antigua. This mur-
der had nothing to do with the Bahamas, but
every British editor is very aware and disturbed
by the handling of the Paul Gallagher case,
which did happen in the Bahamas. It was the
case of the accidental death of a small child
who was killed by a runaway jet ski as he slept
at his mother’s side on a Bahamian beach. The
British press do not think that the Gallaghers
gat justice at the hands of our legal system.
They believe that that tragic case was badly
handled in the Bahamas.

We agree. We were in London when the ver-
dict in the Gallagher case came down. We
believe this case is going to haunt us for many
years. This is the case that will lurk in the back-
ground and will continue to create a percep-
tion with which our tourism officials will have to
wrestle. This is the case that wrapped its ugly
arms around our country and drew it into the
Caribbean crime report.

If America’s economic downturn continues it
will only be the monied American who will be
able to afford to come to the Bahamas.

Like America the Bahamas will have
to Europe to feed its tourist industry.

Because of the strong euro, Europeans are
flocking to the US to take advantage of the
weak dollar. They should be flocking to the
Bahamas for their vacations.

Former police commissioner Paul Far-
quharson now High Commissioner to the Court
of St James in London should be briefed with
hard facts with which to have a frank discussion
with these Fleet Street editors. It certainly won't
change our crime figures, but it will put them in
p rspective and help editors understand that
the Bahamas is not yet anyone’s “hell hole”.
He should also be briefed on the Gallagher
case, because he might also face some uncom-
fortable questions.

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THE TRIBUNE



A possible
solution to
straw market

ilemma

EDITOR, The Tribune.

Please allow me space in
your most valuable paper to
express a concern of mine and
to offer a possible solution to
same.

The Bahamas Straw Mar-
ket like any other living, grow-
ing, breathing entity has done
just that, it has outgrown itself.
The Straw Market, due to
market forces, has outgrown
itself. It has literally grown up
and has become a:new entity
all its own.

That is not to say that it is
not any longer a useful com-
modity in this new Bahamian
society. No, what that is to say
is that it is simply a different
kind of commodity that must
of necessity be explored and
considered exactly for what it
is, and how it can best contin-
ue serving the vendors and the
tourist trade in the country.

What is to say that we can-
not have both, the Straw Mar-
ket in its existing entity and
the Craft Market as it now
exists?

I personally say, the more
the merrier. More money
being made in the country for
all concerned, more places for
the tourists to visit, more
options for them to spend
their money on and everyone
is happy. Wouldn’t you say?

And seeing that the origi-
nal Straw Market as we now
see it today, due to the relent-

LETTERS

letters@tribunemedia.net








lessness and steadfastness of .

the straw vendors themselves
causing tourists to recognise
such a market as a_ viable
attraction, I do not feel that
the vendors should be penal-
ized for trying to diversify
their businesses and thereby
earn more money for their
families.

After all, they were the trail
blazers who made the possi-
bility of a strictly craft market
feasible or possible.

We as a people are always
quick to try and get rid of the
old for the new — we often
times are just too willing to
throw away the baby with the
bath water, and to simply for-
get the bridge that landed us
safely. We generally need to
change this perception for
without Our past in tow, we
are headed into the future
without our base or our roots
so to speak, once again.

And I feel that is a serious
mistake on our part to con-
sider doing so.

We as a people must not
forget an all too present past
and we should refuse at all
cost to repeat the mistakes of
our fore-parents.

This country, its resources
and potential are more than

cue for all of us and we
must find a way to co-exist in

- it, without feeling that we have

to buy each other off, so that
we could get on shore.

There is enough for every-
one always, and we all played
a part in our country to this
point, and I see no reason why
we should not go on doing
what we do best. Survive, and
if I do say so myself, survive in
style together.

I suggest that the govern-
ment instead of building one
market, build two.

Use the same money previ-
ously allocated and build two
scaled down versions of the
market; allowing those who
only*want to sell Bahamian
craft to use one — calling it
the Bahamian Craft Market,
and the other for those more
enterprising to use the other
as a form of “flea market” —
selling tourists items imported
from anywhere — because as
I see it a sale is a sale, and
there is obviously a need for
such items internationally as
it is a vibrant concern as it
stands.

I feel such a decision would
satisfy all concerned, while
instantly diversifying further
our tourist trade.

Just my humble opinion.

ELIZABETH
FORBES-MOXEY
Nassau,

July 26, 2008

Don’t Let The Sun Go Down On Me:
my poem to mark Independence Day

EDITOR, The Tribune.

Please publish my poem
about the Bahamian flag —

Don’t Let The Sun Go
Down On Me. It was written
in celebration of Indepen-
dence Day, July 10:

By Dominic Abnel Bain

Don’t let the sun go down
on me

I am the flag of your coun-
try

Its protocol,
respect from all

I deserve

ENCLOSED

iy

Oakes Field

1 SE EO |

You can do most anything
But do not let the sun go
down on me.

Don’t let the sun go down
on me

I am the flag of your coun-
try

Don’t fly me torn

Don’t fly me worn

Don’t fold. me wrong

For you to do such a thing

Is like the sun going down
on me.

Don’t let the sun go down
on me

I am the flag of your coun-
try

Don’t let me touch the
ground

And cause me to be burnt

For you to do such a thing

Is like the sun going down
on me.

© Don’t let the sun go down
on me

I am the flag of your coun-
try

Don’t fly another flag high-
er than me

On the soil of my country

For you to do such a thing

Is like the sun going down
on me.

Don't let the sun go down

on me

try
Represent me well

Show your Bahamian pride»

I am the flag of your coun-

Wherever in the world you .

oO
go

thing

For you not to do such a,

Is like the sun going down

on me.

‘Don’t let the sun go down °

on me
I am the flag of your coun-
try

Parliament, please preserve ;

my history

My colours are black, aqua-
marine and gold

Displaying anything else

Is like the sun going down
on me.

Teach me well
For generations to come
Preserve July 10, 1973

Independence was about ,

me
racy
thing
The sun will go down on

me.

Nassau,
July, 2008

Happy 60‘ Birthday Sharon
with love from your family

:
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Majority Rule and Democ-

For you not to do such a |
THE TRIBUNE

TUESDAY, AUGUST 5, 2008, PAGE 5



DM ne a aa a ae
Even para

YOUR SAY



In brief

PLP chairman
CXPPreSses
condolences

to family after’

drowning

PLP CHAIRMAN Glenys :
Hanna-Martin has expressed :
condolences on behalf of her :
party to the family of Bishop :
Harcourt Pinder on the tragic }
drowning death of his daugh- :
ters and granddaughter in Long :

Island.

“The Progressive Liberal :
Party extends its collective :
heartfelt condolences to Bishop :
Harcourt Pinder and Mrs Pin- :
der and his entire family on the :

tragic loss of their beloved Faye,

Renee and Deidre,” she said in }

a press statement Friday.

“Bishop Pinder has con- :
tributed greatly not only to the :
Church of God but to our :
nation and has advocated Chris- :
tian faith and Christian love all :
of his adult life to the greater :
good of our people. We pray :
now that God will keep him and :
his family through this time of :
personal :

tremendous
upheaval.”

Last Wednesday Rev Pin- :
der’s two daughters and a :
tragically :
drowned at a family picnic at }
Dean’s Blue Hole, Long Island. }

The three were wading in :
shallow water off Dean’s Cay :
when one of them accidentally :
fell into the blue hole.and could :
not get out. The other two went :
All three }
drowned. They were: Renee }
Pinder, 41, vice consul attached }
to the Consulate in New York; :
Faye Major, 45, on the staff of :
the Auditor General’s office in i
Grand Bahama, and her, 14- }
year-old daughter, Deidre :

granddaughter

to her rescue.

Major.

Investigation
reveals arson
cause of fire
at gymnasium

FREEPORT - Police inves- :
tigations have discovered that :
arson was the cause ofa fire at :
Total Body Fitness Gym early ;

Thursday morning.

According to reports, the fit-
ness facility suffered $10,000 in ;
damage to the building and gym :

equipment.

Chief Supt Basil Rahming :
said Police Dispatch Centre ;
received a telephone call :
around 1.58am from an uniden- :
tified man who reported seeing :

fire inside the gym.

Two fire units responded. :
Firemen observed flamés in the }
north-west section of the :
weights room. They were able :
to extinguish the blaze 15 min- :

utes later.

Investigations are continuing. :

Three bodies
suspected of
heing more

victims from

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

WITH the discovery of three
decomposing bodies off Mar-
shall Road, police suspect they
have found yet more victims
from the attempted landing of a
Haitian sloop off Marshall Road
last week.

The bodies, all male, were dis-
covered on Friday morning, one
at around 10am, and two more
nearby at around 11am, police
said.

Autopsies will now be con-

ducted to determine the cause of

death. If the bodies are deter-
mined to have been drowning
victims from the ship, it would

bring to nine the total number of

Haitians so far found to have
died during the landing.

About 300 Haitian immi-
grants attempted to enter New
Providence last Monday when
the wooden sloop on which they
had sailed from Haiti was
grounded in the South Beach
area.

Immigration and defence

force officers were tipped off
about the approaching vessel by :
residents at around 6am, leading

to the detention of the majority.
However it is still unknown how
many of the boat’s occupants
possibly drowned when they
leapt into the water before
authorities arrived.

rae atey a
Pate Ua

TT
PHONE: 322-2157



@ By J. RICHARD
BLANKENSHIP

Jou ADAMS, second
President of the United
States, once said, “Facts are stub-
born things; and whatever may
be our wishes, our inclinations,

or the dictates of our passion,’

they cannot alter the state of facts
and evidence.”

As I speak with leaders of the
Bahamas, both in government
service and private sector, a sense
of futility seems to prevail, upon
whatever the subject of our .dis-
cussion may be focused. The
same can be said of my exchanges
with those whose daily labours
seem to forever fall short of all
reasonable expectations for the
changes that accompany the tran-
sition of a developing country to
that of a mature country in which
meritocracy is truly the determi-
nant of prosperity. I found myself
profoundly discombobulated.
What tragic circumstances can
these disconsolate sentiments be
ascribed? I began to yearn for
the casus belli.

Sustainable development had
seemingly been firmly established
in all but the smallest of the “fam-
ily islands”. Correct? The truth is
NO! Sustainable development
requires more than just the mon-
ey of swash buckling capitalists
to whom risk is as comfortable as
the evening breezes for which the
Bahamas is so famed. It requires
sacrifice, forbearance, patience
and above all else the willingness
of all to not only establish, but to
continuously improve, a system
of government which is capable of
viewing the duties, obligations,
and rights of all people as inalien-
able, revered and inviolate.

Bahamians should ask why the
pillars of sustainable development
do not exist. We live in paradise.
We have free, fair, frequent elec-
tions and a parliamentary democ-
racy. Is that not.all we as citizens

answer my friends is again,
emphatically, NO!

You should expect govern-
ment to provide a fully function-
ing educational system providing
your children with the necessary
tools to compete with students
from all reaches of the globe.
Recent statistics do not show this
happening, neither the FNM nor
PLP has made significant strides
qualifying your children for the
advanced studies necessary to
bring the Bahamas jobs which
form the foundation for sustain-
able development.

| he United States Consti-

tution provides among
many things, the right to “life, lib-
erty and the pursuit of happi-
ness.” The citizens of the
Bahamas are entitled as well to
demand an end to the exponen-
tial growth of violent crime and
the heinous treatment of inno-
cent children. If the police are
not capable of providing safe
neighbourhoods, the Government
should not be surprised if these
same neighbourhoods form their
own protective groups. These vig-
ilante organizations will be the
origin of gangs and violence
beyond control of police. Police
are unable to function in an envi-
ronment of contempt for their
authority. The source of this deri-
sion must be discovered and
purged.

Euripides once observed,
“Wealth stays with us a little
moment if at all: only our charac-
ters are steadfast, not our gold.”
America's appetite for illicit drugs
has provided two generations of
Bahamians with a means to mate-

are empowered to demand? The

BTC officials: no reports at Internet
problems causing chaos at Passport Office

@ By LISA LAWLOR

BTC officials claim they received no reports of problems with their
internet service causing chaos at the Passport Office last week.

This follows claims from angry members of the public awaiting doc-
uments on Thursday, who said they were told the system failure at the
office was due to a problem with BTC.

And, an official at the Passport Office initially told The Tribune that
the system crash was due to BTC, but later called to retract this state-
ment and blame the situation on an internal problem.

On Friday, a messenger from the Passport Office could not confirm
what aspect of the system was down, but said it was not internal..

Then he said it was not external.

The Passport Office was in a state of “chaos” Friday witnesses said
— after the computer malfunction caused the already large crowd wait-
ing for their travel documents to spill over into the parking lot.

As summer travel dates approach, more and more Bahamians have
been gathering at the office trying to get their passports in time to make
their flights. Most say they put in applications months ago and now risk
cancelling their vacation plans and losing money, all because of the
office’s inefficiency.

The Tribune received a call from an angry source outside the office,
who said that computer failure had caused the already slow system to
grind to a complete halt, and that an irritated crowd was gathering out-
side the office.

However, the source later claimed that after he was overheard by
officers calling The Tribune, the persons outside were gathered into the
office, where they continued to sit and wait in vain.

These complaints come five weeks after the last time a backlog was
reported, at which time Foreign Affairs Minister Brent Symonette
told The Tribune that the passport office was seeking to ease the
"summer issue" by increasing staff at the department, extending the
office's working day by two hours, and maybe even working on week-
ends.

# Don Stainton (Protection) Ltd.

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rial goods and wealth unknown
to their peers; creating all too
often the worship of false gods
and idols. Compassion is unnec-
essary for the purveyors of this
scourge, many Bahamians have
died.and more are doomed to
lives of depredation as a conse-
quence of desire for instant grat-
ification. Reputations of the
Bahamas and its wonderful peo-
ple have been denigrated. It is
no longer sufficient to cast blame
upon the United States. Those
deemed responsible must no
longer be allowed to occupy pub-
lic office or remain free to bring
more injury to the innocent.
Lastly, as the Bahamas
approaches globalization, recog-
nition of its responsibilities as a
nation which has. chosen to ratify
treaties, join international orga-
nizations and participate in multi-
lateral negotiations concerning
the fate of other nations, must be
accompanied by an acknowledg-
ment of momentous commit-
ments to citizens of all countries.
Those seeking political asylum
are entitled to protection just as
those who are victim of genocide.
Those who invest in the future of
the Bahamas should be welcomed
and not be concerned that a por-

tion of the risk assumed includes -

the loss of their capital by devious
actions. I once sat with a Bahami-
an friend of the best nature enjoy-
ing the evening breeze when he
shared this advice, “I would like
to make a toast to lying, stealing,
cheating and drinking. If you're
going to lie, lie for a friend. If
you're going to steal, steal a heart.
If you're going to cheat, cheat
death. And if you're going to
drink, drink with me.” He
remains a very fond friend who
has served his country well and
shall remain nameless, lest I sully
his reputation!

Paradise is not lost, sometimes
circumstances require friends to
suggest, “Lift up your head to the
rising sun, Bahamaland, 'til the
road you've trod lead unto your
God, March on Bahamaland.”

May God bless the United
States of America, the Common-
wealth of the Bahamas and its
people.




Size 5 - 11

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‘ a s
r q ; p I]

Rosetta St. *

dise needs change

° J. Richard Blankenship was.
appointed Ambassador Extraor-
dinary and Plenipotentiary to
the Commonwealth of the
Bahamas in 2001 and served
until 2003.

He is a graduate of Florida
State University and The Har-
vard Kennedy School of Gov-
ernment.

He is currently writing The
Bush Doctrine As A Moral and
Just Normative Policy, the first
academic text supporting preven- ,
tive, preemptive.war and specific
targeting of civilian leaders in
times of conflict.


















“Harold Road just West of City Market
Tel{242) 341-0449, (242) 341-2249
Fax: (242) 361-1136

“In House Financing
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PAGE 6, TUESDAY, AUGUST 5, 2008 THE TRIBUNE

HAVING A BLAST:



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PAGE 8, TUESDAY, AUGUST 5, 2008

THE TRIBUNE



Ohama embraces some offshore drilling

@ LANSING, Mich.

BARACK OBAMA put forward
a broad energy plan Monday
designed to end U.S. reliance on
imported oil within 10 years and
shore up his standing amid a tight-
ening White House race and high-
anxiety over gas prices, according to
Associated Press.

Obama's proposal, though,
includes two significant reversals of
positions he has taken in the past: He
had steadfastly fought the idea of
limited new offshore drilling and was



against tapping the nation's emer-
gency oil stockpile to relieve pump
prices that have stubbornly hovered
around $4 a gallon.

work on hybrid cars and renewable :

energy sources.

"Breaking our oil addiction is one :
of the greatest challenges our gen- :
eration will ever face," the Illinois :
Democrat told a supportive audi- :
ence as he embarked on a week to }

focus on energy issues.

TENDERS FOR

Customs Clearance &
Delivery Services

The Bahamas Electricity Corporation
invites Tenders from eligible bidders for
Customs Clearance & Delivery Services

to and from:

(1) Docks

(2) Ai

rports & Post Offices.

Bidders are required to collect packages
from the Corporation’s Administration

Office, Blue

Hill & Tucker Roads by con-

-tacting Mrs. Delmeta Seymour,
~ Telephone No. 302-1158.

Tenders are

to be delivered on or before

July 31st, 2008, 4:00 p.m.
and addressed as follows:

~ Mr. Kevin Basden
oo General Manager
Bahamas Electricity Corporation

' Blue

Hill & Tucker Roads

Nassau, Bahamas

Marked: Tender No. 672/08

Custom

s Clearance & Delivery

Services to and from Docks

Marked: Tender No. 673/08
_ Customs Clearance & Delivery
Services to and from Airports & Post

_ The Corporation
the whole or suc

Offices
reserves the right to accept or reject
h part of any Tender the Corporation
deems necessary.



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LOCAL NEWS



Police determining validity of

In a speech in Michigan, the :
Democratic presidential nominee in:
waiting also endorsed long-term :





young ofticer’s threat claim

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

FREEPORT - Commis-
sioner Reginald Ferguson said
police are trying to determine
the validity of a complaint that
was filed against two police
officers who are being accused
of threatening to kill a young
fellow officer.

The young police officer,
whose identity is being with-
held, has claimed that an
Inspector and a Corporal have
publicly threatened to have
him killed.

House

He says he is living in fear
and barely leaves the confines
of his house.

Fearing for his life and that
of his family, the young officer
shared his story with The Tri-
bune in hopes of getting some
justice. So far, no charges have

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

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



been filed against the two
accused officers.

Commissioner Ferguson,
who was in Grand Bahama on
Friday to close an anti-cor-
ruption seminar for senior
officers, was asked about the
status of the young officer’s
complaint.

“IT know of it and J believe
it is in Complaint and Cor-
ruption Investigative Unit.

“We are following a certain
investigative process to have
us determine the validity of
the complaint or alleged
threats, and then we decide
the course of action,” he
said.

“Tam not in a position to
say exactly what the status is
on that, but certainly that is a
process we have been follow-
ing.

And if we find that it neces-
sitates any action, then we will
jump into action with various



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degrees of initiatives to deal
with such threats.”

Mr Ferguson said that if
evidence exists to substanti-
ate the complaint, then it war-
rants both criminal and disci-
plinary action.

Rights

He said a police officer has
the same rights as any other
citizen in the Bahamas.

“Ifsomeone makes a threat
against you, you have a right
to make a complaint and
we will have it properly
investigated so the law can
take ils course,” said Mr Fer-
guson.

According to previous
reports, sources have alleged
that the two accused officers
have been brought to the
attention of the Commission-
er in similar matters. _







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THE TRIBUNE

TUESDAY, AUGUST 5, 2008, PAGE 9



New Breast Centre
opens at Centreville
Medical Pavilion

BREAST cancer detection in the Bahamas has been made eas-
ier by the newest addition to the Centreville Medical Pavilion —
The Breast Centre — officially opened on Thursday, July 31.

Mrs Stephanie Siegel, wife of US Ambassador to The Bahamas
Ned L Siegel, remarked on the initiative, saying that at the begin-
ning of their post here, she and the ambassador made it their first
priority to join the fight against breast cancer.

They began working with Bahamian medical oncologists, sur-
geons and radiologists; the Ministry of Health; Sister Sister; the Can-
cer Society; two physicians from the University of Miami and
Susan G Komen of The Cure after discovering that inherited
genetic factors were playing a large role in the development of
breast cancer in the Bahamas.

In the study it was found that there is a higher incidence of
breast cancer stage three in young women in the Bahamas than in
the US.

Mrs Siegel herself learned that — "like thousands of other
women across the US, The Bahamas, and the world" — she had
breast cancer.

Her own diagnosis "has only strengthened my conviction to
forge ahead on the path of fighting breast cancer here in The
Bahamas, the path that the Ambassador and I chose over a year
ago," she said.

The Breast Centre has been operating digital mammography
with their new, state-of-the-art "Fischer Seno-Scan" machine since
June, 2008. It is widely accepted to be the very best system in
catching the early development of breast cancer

Dr Arthur Porter, managing director of The Cancer Centre
said: "Recent studies prove Digital Mammography to be 28 per cent
more effective than conventional analog film for women under
50" and the New England Journal revealed that "digital has much
better contrast resolution."

He said that he is tired of hearing that the Caribbean does not
need the very latest in technology, and in this case, the country is
up with leading ones like America, Canada and Britain.



WHAT pops in your mind
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The price, right? It’s the critical
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There are costs, finances, con-
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Bahamas real
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secured at a certain interest rate
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Another factor that should be
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ther negotiation by assuring there .





LEFT: Professor Karol Sikora, medical director of Cancer Partners UK; Dr Conville Brown; Pamela Porter,



Franklyn G Ferguson

wife of Professor Arthur Porter; Professor Porter; Virginia Brown-Fox, Dr Hubert Minnis, Minister of Health; Andrea Sweeting, President of
Sister Sister, a breast cancer support group; Dr Corrine Sin Quee-Brown, US Ambassador to the Bahamas Ned L Siegel, Stephanie Siegel.

Looking beyond the price



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i0, TUESDAY, AUGUST 5, 2008

FROM page one

properties,

However, the-Thursday dead-
line came and went without the
Ginn affiliates concluding the
issue with their lending syndicate
as was hoped.

On Saturday the North Caroli-
na-based Winston-Salem Journal
reported that Ginn Clubs &
Resorts continues to negotiate
with its lenders to reach a solution
to the situation.

Last week Tribune Business
said that it understood that about
half of the land ear-marked for
the Ginn Sur Mer project in West
End comes under the umbrella




een enti msn
ee

ae | Case claim
FROM page one

Terrace, Collins Avenue, had
been ordered to repay
$200,000 of client debts, he
said he would also pursue the
attorney for a refund. .

Mr Knowles said he had
retained Mr Thompson in
2004 to arrange the quieting of
his land in Tarpum Bay,
Eleuthera, which he has been
trying to protect since 2000.

He said he had paid for Mr
Thompson to visit the site
with him and his’ grandson,
Jelani Cartwright, after sack-
ing his previous lawyer who
had brought the case to trial
stage for a $32,000 fee.

However, he claimed that
he and his 29-year-old grand-
son have been chasing Mr
Thompson to complete the
case ever since.

"I went up to his office
wasting my gas on numerous
occasions and the office was
locked. I knew something
wasn't right," he said.

Mr Knowles believes the
stress of the situation has
exacerbated his diabetes,
which caused him to have his
leg amputated in 2006.

He said: "I engaged him for
$6,000, then he requested
another $3,000, and another
$3,000, but he didn't do any-
thing.

"He took it over at the trial
stage to conclude the matter,
and now it is still at the trial
stage, eight years later."

Andrew Thompson was
suspended from practising at
the Bahamas Bar for six
months from July 17 by a dis-
ciplinary tribunal and ordered
to repay $200,000 of client fees
by September 18, or be dis-
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Woyoy:\ i | =i" ae ve

Ginn Sur Mer developers

of the defaulted loan.

Prime Minister Hubert Ingra-
ham claimed last week that the
infrastructure work and golf
course development at the site

will not be impacted by the com-

pany’s loan default, as money was
already escrowed in the bank to
cover this work.

This meant that Ginn had been
able to “ring fence” these funds
so that they cannot be “called in”
by the lenders.

However, it is not clear to what
extent the default and subse-
quently the failure to restructure
the massive loan will impact the
rest of Ginn’s plans.

It has been suggested that
lenders behind the $675 million
loan may be negotiating with

_Ginn Clubs & Resorts to take a

stake in the $4.9 billion Grand
Bahama project in return for wip-
ing out the company’s debt, but
this has not been confirmed.

The Tribune attempted to
reach representatives of Ginn Sur
Mer yesterday for comment, but
an e-mail was not returned. Mes-
sages left for Minister of State for
Finance, Zhivargo Laing, and MP
for West End Obie Wilchcombe
were also unreturned. .

“Although negotiations with
the lending group have been
ongoing and are continuing, our
agreement did expire,” Robert
Gidel, the president of Ginn
Clubs & Resorts, said in a state-
ment released to the Winston-
Salem Journal, in North Carolina,
on Friday.

“Negotiations for a resolution
are continuing, and at this time,
we remain optimistic that this
credit facility will be restructured
in a manner beneficial to all par-

lies,” he said. A credit facility is a
type of loan.

Mr Gidel added, however, that °
the failure to reach an agreement
on the loan means that it will
affect the Grand Bahama prop-
erty, as well as the Laurelmor
resort in North Carolina, and the
Tesoro and Quail West resorts in

“Florida. :

Mr Gidel previously put the
company’s inability to meet the
June loan repayment down to the
“ongoing slowdown in the resi-
dential real-estate market.”

The slower than expected sale
of homes, needed to fund the
development’s future expansion,
has apparently hit the develop-
ers hard.

Ginn Sur Mer sits on 1,957
acres of oceanfront property in
West End, Grand Bahama.

The planned 4,400 condomini-
um and hotel units, centred on a
20-storey tower with 1,800 single
family residence sites, were
expected to inject hundreds of
millions of dollars into Grand
Bahama’s sluggish economy.

Last week Minister of State
Zhivargo Laing said he was aware
of the fact that Ginn had missed
the initial June 30 loan payment,
but had no further information
on the situation.

The MP for Marco City, Grand
Bahama, expressed hope that the
project would still move forward. .

“The reality is, if you have an
economic activity that is proposed
for an island — especially an
island with economic challenges
like Grand Bahama — it’s helpful
for those projects to go forward.
Ginn being what it is, and as size-
able as it is, it would be impor-
tant.”

Mother and toddler shot

FROM page one

seeing a man carrying a gun in Ridgeland Park, Independence

Drive.

Police officers who quickly arrived at the scene claim a man
pointed a .357 handgun containing six rounds of ammunition in
their direction before they fired at him several times, shooting

him in the leg.

The man was taken to Princess Margaret Hospital where he

is currently in stable condition.

In a separate incident, officers from Central and Southern
Police stations responded to an emergency call from a con-
cerned resident who reported seeing a gunman in Odle Street
Corner, off East Street, at around 6pm on Saturday.

Officers searched and arrested a 34-year-old man in the area.

He will face charges in Magistrate’s Court today, accused of
carrying a .357 handgun containing five rounds of ammuni-

tion.

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THE TRIBUNE

TUESDAY, AUGUST 5, 2008, PAGE 11



@ By SIR RONALD
SANDERS

(The writer is a business
consultant and former
Caribbean diplomat).

| OURISM to Antigua
and Barbuda has suf-
fered a serious blow from the
tragic killing of British doc-
tor, Catherine Mullany, and
the serious injury to her hus-
band, Ben, as they honey-
mooned at a hotel. At the
time of writing Ben Mullany is
critically ill in intensive care.

The incident was widely
reported internationally and
became a topic for discussion
on many Internet “chat” web-
sites. Headlines in British
newspapers severely damaged
the image of Antigua and Bar-
buda which relies on tourism
for more than 70 per cent of
its GDP.

Those headlines read:
“Antigua has murder rate
three times higher than New
York”, “Antigua Honeymoon
Murder: Beware the Perils of
Paradise”, and “Caribbean
Shooting: How safe is
Antigua?”

Understandably, the story
raged in the British media for
days. This was a young cou-
ple on their honeymoon who
had not yet seen their own
wedding photographs. They
were due to return to the UK
the next day to start a life
together, and from all
accounts they suffered an
unprovoked attack in their
hotel in the early hours of the
morning.

It will be some time — and
only with hard work in the
tourism marketplaces — before
Antigua recovers from all the
unpleasant publicity.

The region as a whole is a
casualty of this awful tragedy
which unleashed headlines
around the world that high-
lighted the word “Caribbean”.

The entire affair under-
scores the fragility of the
tourism industry, and the
absolute necessity for small
countries to care for it in all its
aspects far more than is
required elsewhere. Tourism

‘to the’ US or the UK would
not suffer from the murder of
two tourists; indeed the atten-
tion that such an incident
would receive from the media
would be perfunctory and
short-lived. Not so, for small
countries particularly when
citizens of big countries are
involved.

The impression created by
the media coverage of the
Antigua tragedy is that
tourists are targets of crime.
Of course, this is simply not
true. In Antigua, for instance,
it has been 10 years since a
tourist was killed, and the inci-
dents of homicide involving
tourists in the entire region
are few and far between.

Violent crime in the
Caribbean is a far greater
problem for the resident pop-
ulation. A UN report says the
region has a murder rate of

30 per 100,000 inhabitants —
four times the North Ameri-
can figure and 15 times the
average for Western and Cen-
tral Europe. Homicides last
year were 1,547 in Jamaica
(population 2.5 million), 388
in Trinidad and Tobago (pop-
ulation 1.5 million), 19 in
Antigua (population 75,000)
and 3 murders in 4 days last
November in St Kitts (popu-
lation 40,000). -

These figures do not reflect
robberies and rapes that have
also become prevalent in
many Caribbean countries.
The same UN report says that
assault rates in the region are
significantly higher than the
world average.

The very geography that
makes the Caribbean a desir-
able destination for tourists
also accounts for its attraction,
as a transhipment point, to

drug traffickers who move '

cocaine from the supply mar-
kets in South America to the
demand markets in North
America and Europe, bring-
ing a proliferation of illegal
weapons into the region for
distribution to their foot sol-
diers.

Beyond that, years of
neglect by the US in terms of
investment and official devel-
opment assistance and the
worsening terms of trade with
the European Union (EU), as
well as their refusal to support
the case for special and dif-
ferential treatment for the
Caribbean in international
institutions such as the World





Bank and the World Trade
Organisation, have con-
tributed to rising unemploy-
ment, more poverty, a drop in
real earnings and a conse-
quential increase in crime.
The deportation of crimi-
nals from the US, the UK and
Canada has also not helped
the crime situation. Official

reports claim that only a small

number of these deportees
were convicted of violent
crimes ignoring completely
that it doesn’t take more than
a handful of experienced crim-
inals to wreak havoc in small
countries with tiny security
forces and limited resources.

At the end of the day, the
problem of crime in the
Caribbean is intrinsically tied
to the need for economic
development and internation-
al assistance. Interdiction of
drug traffickers in Caribbean
waters by UK and US coast
guards is extremely important
to help stem the tide of crime
related to drugs, but it isn’t
enough.

Caribbean governments
themselves also have to do
much more. Using the crimi-
nal justice system to convict

and imprison offenders is one
part of the answer but not all
of it. While police forces have
to be strengthened and better
resourced to prosecute crime,
preventative measures are also
critically important, and these
include practical programmes
to engage young men espe-
cially by re-education and
training-and creating produc-
tive employment for them. It
is a task in which governments
need the active participation
of their opposition political
parties, the private sector and
trade union groups.

It would also be beneficial
if Caribbean governments
could each make the leap to
pooling the management of
violent crime into a Caribbean
Crime Council vested with the
legal power to deploy security
forces within each country,
and to negotiate assistance
from the international com-
munity.

Violent crime has been
affecting investment in the
expansion of existing busi-
nesses and the establishment
of new ones in several
Caribbean countries for more
than a decade. The UN sug-

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gests reduction in violence for
Haiti and Jamaica could boost
annual economic growth per
capita by 5.4 per cent.
Guyana and the Dominican
Republic would also benefit
with potential growth rate
increases of 1.7 per cent and
1.8 per cent, respectively.
Attacks against tourists are
reprehensible, and the tragedy
in Antigua is a terrible event.



HE

ALITY

But, they are part of an over-
whelming problem of violent
crime in the Caribbean that
requires governments to
develop comprehensive
responses both nationally and
regionally, and, having done
so, to act on them.

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PAGE 12, TUESDAY, AUGUST 5, 2008

THE TRIBUNE

LE acu (a
Minister touts marketing
potential of junkanoo

Llonella Gilbert/BIS



QUENTIN ‘BARABBAS’ WOODSIDE shows off with a reveller at the St.
Léonard’s Festival in Hastings. Barabbas stole the show whenever he made
an appearance in any of the Junkanoo performances throughout the tour.

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@ By LLONELLA GILBERT

MINISTER of State for Culture
Charles Maynard said the Bahamas
can be marketed as more than a
place where visitors can experience
sun, sand and sea, noting that pack-
ages can be offered for tourists to
come and enjoy the major
Junkanoo parades, the Junkanoo
summer festival, or community fes-
tivals that highlight the art form.

He said this feature is a direct
result of the trip taken by a 33
member Junkanoo group, which
took England by storm as they per-
formed at various festivals and con-
ducted workshops, July 3 - 21.

They performed in the Isle of
Wight (IOW), Henley, Little Chal-
font, London and the historical
town of Hastings.

“This trip,” Mr. Maynard said,
“has tantalised the taste buds of a
whole new category of people who
up to this point knew very little
about the Bahamas.”

He said judging by the types of
questions the Junkanoo troop
received about the Bahamas, many
individuals still know very little
about the country despite the fact
the Bahamas has been marketing
itself for many years.

Mr. Maynard also noted that
there have been a number of cul-
tural exchanges this year which he
believes have proven to be very
lucrative for the country. He said
however that it is impossible for
the government to fund such pro-
jects year-round without help from
other sectors of the society.

“But you know it is one of things
where we have to start it first; we
have to prime the pump, and so I
think a lot of partners in the
tourism industry could be sold now
to the idea ‘that it is something
worth supporting.”

Mr. Maynard added that as a
result of the visit to London there
are offers from France and Italy to





THE 33 MEMBER Junkanoo Group ended:a 21 day tour of England with two performances at St. Leonard’s Festival in
Hastings, a historical town. Wherever the group performed people could not get enough of the Junkanoo beat.

participate in some of their festi-
vals, and there are also plans for
Junkanoo to return to the United
Kingdom next year.

The Arts Council of England
sponsored the trip and Quentin
“Barabbas” Woodside and
Angelique McKay, project man-
ager for both initiatives and man-
ager of the National Junkanoo
Museum of The Bahamas both
played an instrumental part in get-
ting both initiatives off of the
ground.

Partnering with the Council was
the Ministry of Sports, Youth and
Culture, the Ministry of Tourism
and a private donor.

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Ms. McKay said the trip more
than lived up to her expectations.

“One of the things I found,” she
said, “was as the group performed
more and more, they got to feed off
the energy and excitement of the
crowd — the music got tighter and
tighter.

“They started even doing rou-
tines with their performances; so
it has lived far beyond what I
expected it would be.”

The project manager added,
“We expect we will be invited back
to everyone of the festivals we par-
ticipated in as well as other festivals
that would have had hey persons
attend the various festivals and see
what it is that we do as it relates to
the Junkanoo performances.

“So we expect that invitations
will come by leaps and bounds.”

Ms. McKay explained that the :

Minister of State for Culture always
talks about Junkanoo artisans and
performers being able to make a
living out of the Junkanoo art form.

“We have representatives in
both A and B categories across the
board in various sections and you
would have heard the nay-sayers
saying that ‘you selected this per-
son, they are not the best in their

particular area’.

“But you know it is not only
those that are the best,” she said.
“Jt is persons who you know could
follow certain rules and understand
the role they play within a group.”

Barabbas had the task of choos-
ing the Junkanoo performers and
artisans who went to the UK.

He said the trip was really hard '
on the Junkanooers. “It was very
hard on the brass lips and hard on
the fingers of the drummers and
cowbells; the costumes had a rough
time.

“If I was a millionaire, I would
give each of them a million dollars
because they really deserved it.”

He explained that news travelled
swiftly in the areas where the group
performed, so people turned up in
droves.

As a result, Barabbas said, “I

think we opened the gates. People
are going to be looking for
Junkanoo.
. “They are going on the Internet
trying to find out how they can get
this Junkanoo. Be ready, because
we: havesbeen promoting it-as
Bahamas/Junkanoo. So other
groups will have an opportunity
like I have now.”

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FROM page one

at stake as the exclusive project
moves ahead.

Mr Sage, a chemist by training
who has specialised in water and
hazardous chemical issues, has a
long history of campaigning on
water resources. He is the presi-
dent of New York-based envi-
ronmental organisation, Atlantic
States Legal Foundation, which
has done work all over the world
on environmental issues, as well as
being associated for many years
with country-wide environmental
organisation, the Sierra Club, as
an Executive Director.

Mr Sage, a former Executive
Director of U.S. environmental
organisation the Sierra Club, has
reviewed the Albany Environ-
mental Impact Assessment (EJA)
and is convinced Albany should
be, and could be doing much
more to protect the 500 acres they
will develop.

“J don’t think what they’re
doing is the best practice envi-
ronmentally. If they are doing the
best they are certainly not sharing
the data with the public, they are
not proving it,” said Mr Sage.

“T’m not saying they shouldn’t
build the resort, that’s the deci-
sion of the, people of the

Bahamas, but there are always ©

ways to be more benign to the
environment.”

Mr Sage said an appeal needs
to be made to Tiger Woods and
his co-dlevelopers to do what they
can to make the property a “gold
star” resort environmentally.

Albany's million dollar homes,
canal and marina will sit on what
has been identified by experts as
Nassau’s most plentiful fresh
water repository. The “ground-
water lens” is a layer of fresh
water that collects around five feet
below ground, made up of rain
water that has sifted through the
soil and gathered there.

Currently the Water and
Sewage Corporation relies on
groundwater wellfields for some,
but not all of the water it supplies,
with the rest being shipped in
from Andros, or created through,
the desalination of seawater by
reverse Osmosis.

Groundwater can become con-
taminated with run off from
above, or by an influx of salt water
from the ocean, making it unus-
able unless treated.

Mr Sage and other environ-
mentalists are concerned the
development will compromise the
lens in some way and it will be
very costly, in terms of money and
energy, or simply impossible for it
to be saved.

“One shot of money that comes
into Bahamian economy isn’t

LOCAL NEWS _

THE TRIBUNE



Activist’s Albany claims

going to do people any good if
they don’t have water to drink,”
he said.

Run off from the golf course, or
any other contaminant that might
trickle through the ground from
the development could ruin the
water. The canal which Albany
plans to cut through the beach so
that its residents can moor their
yachts inside its marina close to
their homes may “puncture” the
lens, allowing salt-water intrusion.

And whether or not any of
these scenarios become a reality,
there is the extra demand for
water by hundreds of additional
wealthy people to consider, at a
time when New Providence is
already struggling to meet
demand.

Greater demand for water sup-
plies from new residents will
increase the risk of groundwater
contamination.

Mr Sage added: “New Provi-
dence already suffers from a lack
of water. You’re already import-
ing water. As temperatures get
hotter, people will use more water

..it behooves the government to
be as conservative as possible in
dealing with these water
resources.”

The activist suggested equip-
ment to enable Albany residents
to reuse their water should be fit-
ted.

And he, like others, has sug-
gested building a marina that
floats outside the development to
avoid dredging an inland channel
which could damage the resource.

But if this does not happen, an
independent monitoring team
should be put in place to check
for contamination of the ground-

water as Albany progresses.

Mr Sage says he sees “a lot of
gaps” in Albany’s EIA, even
though it has now been accepted
by the government and approvals
given,

“What is said a lot in the EIA
is, ‘We will mitigate as best we
can, etc.’ As best we can is not
good enough. They shouldn't say
they will ‘seek to minimise’ their
impact on the environment.

“They should say ‘We won’t do
it.”

The United Nations has warned
that freshwater supplies are dwin-
dling globally, with the potential
to cause severe pollution, species
loss and food insecurity — leading
to malnutrition and disease.

A 2004 Water Resources
Assessment by the US Army
Corps of Engineers said that
freshwater resources in the
Bahamas are finite and vulnera-
ble, and stressed that regulating
and protecting them is essential.

“Water availability (in the
Bahamas) is so low that it is con-
sidered ‘scarce’ according to Unit-
ed Nations criteria,” it said.

The report warns ignoring over

‘exploitation will have severe

repercussions, such as health
issues from water-borne diseases
and much greater water costs.

Messages left for Albany’s
Managing Partner Christopher
Anand and Water and Sewage
Corporation General Manager
Godfrey Sherman were not
returned yesterday. Minister and
Minister of State for the Environ-
ment, Earl Deveaux and Phenton
Neymour were unavailable to
comment on the issue as The Tri-
bune went to press.

Police in US search for drug
smugglers heliever to he Bahamian

FROM page one

the driver to show identification he presented a Bahamian dri-
ver’s licence identifying himself as Kendrick Anthony McQueen.

Officers ordered the men to dock the boat nearby, but they sped
off, Bal Harbour Police spokesman Captain Greg Roye said.

A short chase followed, ending at a nearby jetty where the
three men were seen jumping from the boat.

Five suitcases packed with 33 bricks of marijuana, worth a street
value of $300,000 to $400,000, were found on the boat.

The Bay Harbour and Bal Harbour police departments are
working jointly in the investigation and are still searching for the
three men who are believed to be Bahamian.

The Royal Bahamas Police Force’s Assistant Commissioner
Raymond Gibson said authorities in the United States had not as
yet contacted Bahamas Police about the incident.

Anyone with information is asked to call Bal Harbour police in
the US at telephone 305-866-5000. .

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> In brief

Oil prices
drop nearly
$4 after storm
threat eases

m@ NEW YORK

OIL PRICES plunged to a
three-month low Monday,
briefly tumbling below $120 a
barrel in another huge sell-off
after Tropical Storm Edouard
seemed less likely to disrupt oil
and natural gas output in the
Gulf of Mexico, according to
Associated Press.

Crude’s steep drop — prices
fell more than $5 at one point
during the day — dragged
down other commodities from
corn to copper and mimicked
the big nosedives of the past
three weeks, adding to grow-
ing beliefs that the oil bubble is
running out of air.

Also weighing on prices
Monday was a report by the
Commerce Department that
consumer spending fell in June
as shoppers dealt with higher
prices for gasoline, food and
other items. That fed ‘investors’
expectations that a U.S. eco-
nomic slowdown is sharply
curbing U.S. demand for fossil
fuels.

Light, sweet crude for Sep-
tember delivery fell $3.69, or
2.9 percent, to settle at $121.41
a barrel on the New York Mer-
cantile Exchange. It was crude’s
lowest settlement price since
May 5. Earlier, prices plum-
meted to $119.50, the lowest
level since May 6. Crude has
now fallen in six of the last nine
sessions and has shaved 18 per-
cent off its trading record of
$147.27 reached July 11.

The dramatic dive came after
traders learned that Edouard,
aiming for the coasts of Texas
and Louisiana, likely would not
damage offshore oil and natur-
al gas drilling platforms that sit
in the storm’s path.

Natural gas futures also fell
sharply, dropping 66.3 cents, or
7.1 percent, to settle at $8.726
per 1,000 cubic feet. And gaso-
line futures fell 8.41 cents, or
2.7 percent, to settle at $3.0002
a gallon. Other commodities
including gold, copper, corn
and soybeans also traded lower.

“That has taken a lot of pres-
sure off the market. It looks
like the thinking is that we
dodged another bullet,” said
Phil Flynn, analyst at Alaron
Trading Corp. in Chicago.

- Still, oil market traders
expressed surprise that a poten-
tial hurricane in the Gulf cou-
pled with escalating tensions
with Iran didn’t send prices
higher — an almost certainty
just a few weeks ago.

“Any market that really
doesn’t respond to seemingly
bullish news is often a tip off
that we’re going lower,” said
Jim Ritterbusch, president of
energy consultancy Ritterbusch
and Associates in Galena, Ill.

He and other analysts have
predictec that, barring any sur-
prises, crue could tilt toward
$100 a barrel by the end of the
year.

“People are looking for any
excuse to sell oil right now,”
Ritterbusch said.

Meanwhile, retail gas prices
kept falling, reflecting the con-
tinuing price-driven drop in
USS. fuel demand. A gallon of
regular gas fell on average
about half a penny overnight
to $3.881.

Gas has fallen 5.6 percent
since hitting an-all time high
above $4 a gallon on July 17,
but so far hasn’t kept up with
oil’s steep descent, suggesting
struggling filling stations
are still saddled with gas bought
when crude prices were
higher.



Helicopters to attempt
rescue of climber on K-2

Avalanche
leaves at

least nine —
mountaineers
missing and
feared dead

m@ ISLAMABAD, Pakistan

HELICOPTERS flew to the
world's second-highest mountain
Monday to try to rescue an Italian
climber stranded after an avalanche
at more than 26,250 feet left at least
nine mountaineers missing. and
feared dead, according to Associated
Press.

Two rescue choppers took off from
Skardu, the town nearest K-2, on a
mission to rescue Marco Confortola,
who is suffering from ''serious frost-
bite,'' said Ilyas Ahmed Mirza, an
official at the Askari Aviation heli-
copter service.

The helicopters will also evacuate
four other climbers who returned to
a base camp on K-2, Mirza said.

The reported toll of nine dead
from the avalanche was the highest
from a single incident on K-2 since at
least 1995, when seven climbers died
after being caught in a fierce storm.

A total of 22 people, mostly for-
eigners, in eight different groups
scaled K-2's summit on Friday, said
Nazir Sabir of the Alpine Club of
Pakistan. It remained unclear how
many climbers were still on the
mountain.

K-2 is regarded by mountaineers



Zeenshan Mehdi/AP

DUTCH CLIMBER Las Van De Gevel poses
for a photo at a hotel after leaving the mili-
tary hospital where he was taken after
being rescued from K-2's base camp, in
Skardu, Pakistan, Monday, Aug. 4, 2008.

as more challenging to conquer than
Mount Everest, the world's highest
peak.

As the mountaineers made their
way down, the avalanche cut ropes
used to cross a treacherous wall of ice
some 1,148 feet below the 28,250-
foot summit, sweeping some climbers
to their deaths and stranding others
at a height where they would likely
succumb to exposure, Sabir said.

Accounts varied on the number of
dead and how they, died. Local army
spokesman Maj, Farooq Firoz
declined to provide a figure before
authorities had spoken with sur-



DUTCH CLIMBER Wilco Van Rooijen pos-
es for a photo at a hotel after leaving the
military hospital where he was taken after
being rescued from K-2's base camp, in
Skardu, Pakistan, Monday. :

a
vivors.

But Sabir said nine people died in
the avalanche. Included in that num-
ber, were two rescuers — a Nepalese
sherpa and a Pakistani porter — who
survivors said fell to their death.

Mohammed Akram, vice president
of the Adventure Foundation of Pak-
istan, a nonprofit organization, said
one rescue team dispatched Sunday
had reached a Dutchman and an Ital-
ian suffering from frostbite and were
helping them down toward a camp
at an altitude of 21,325 feet.

He said helicopter crews spotted
survivors, but could not pluck them
to safety because the air is too thin

_ FUEL SURCHARGE 2006 - 2008

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

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ia.1970e|

THE TRIBUNE TUESDAY, AUGUST 5, 2008, PAGE 15

INTERNATIONAL NEWS




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across a point on the mountain:
known as ''The Bottleneck.'' Chris.:
Warner, an American who climbed..
K-2 last year, said it was the deadliest:
spot on the mountain and the fall:
from there down the south face is:
about 9,000 feet.

"You can see how for people who’
were exhausted, it would have been*
nearly impossible for them tos
descend without the ropes,'' said:
Warner. a

He said hope was fading for any-»
one still alive and separated from:
their group. ''Once their hands and!
feet are frozen, they really are unable:
to move on their own power, and if:
takes other people to carry them:
down,'' he said.

At 28,250 feet, K-2 stands about;
785 feet below Mount Everest, but is:

"phenomenally dangerous moun-:
tain,'' said Alan Arnett, who climbed:
a nearby peak with at least one of,
the missing climbers. D

Compared with Everest, "it's more;
technical, it's steeper, the weather is.’
more intense,'' he said. ~

About 280 people have summited”
K-2 since 1954, when it was first con-,
quered by Italians Achille Com:
pagnoni and Lino Lacedell. Dozens‘

_of deaths have been recorded since:

1939, most of them occurring during:
the descent. =

inthe Intemational
t and is calculated






PAGE 16, TUESDAY, AUGUST 5, 2008

Bin Laden
driver could
Stay indefinitely
at Guantanamo

B GUANTANAMO BAY

NAVAL BASE, Cuba

THE commander of the
Guantanamo Bay detention

center said Saturday he has
been researching new poten- ;
tial accommodations for :
Osama bin Laden's driver, :

who could be held here indef-

initely regardless of the ver-

dict at his war crimes trial,
according to Associated Press.

A jury of American mili-
tary officers is expected to

begin deliberations Monday
in the case of Salim Hamdan, :
a Yemeni who faces a maxi- :
mum life sentence on charges :
of conspiracy and supporting :

terrorism. .
Even if he is found inno-

cent, he may not leave this

U.S. Navy base. The military
retains the right to hold those

considered to pose a threat

to the United States — even

those who have been cleared

of charges at Guantanamo's
"military commissions."

The commander, Navy }
Rear Adm. David Thomas,
said he has been looking for :
the most appropriate facility :

to isolate prisoners who have
had their day in court.

''We would not house
someone who has finished the
military commissions process

back ... with the general

detainee population.
“They would be held sepa-
rate from the

new prison.

The tribunals’ deputy chief ;
defense counsel, Michael
Berrigan, said the possibility :
of acquitted men remaining :
confined here reveals the pro-

ceedings as ''show trials."'
''What's the purpose here?
Mr. Hamdan is going to be

held until the government :
wants to release him," Berri- }
gan said. ''It really has no con- :
nection to the underlying real-

ity."

er to face a U.S. war crimes
trial since World War II.



Ipe Chicken
Fries & Biscuit
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——

other
detainees," said Thomas, who :
added he would not build a :

Hamdan is the first prison-

Shrimps and Fries

B BEWING

TWO MEN rammed a dump
truck into a group of jogging
policemen and then tossed explo-
sives into their barracks Monday,
killing 16 officers in a restive Chi-
nese province bordering Central
Asia, the state-run Xinhua News
Agency reported, according to
Associated Press.

The attack in Xinjiang province
came just four days before the
start of the Beijing Olympics — an
event that has put security forces
nationwide on alert and that at
least one militant Muslim group
has vowed to disrupt. Xinhua, cit-
ing local police, called it a ''sus-
pected terrorist attack."

Meanwhile, about 20 people
angry about being evicted from
their homes in central Beijing
demonstrated Monday not far
from Tiananmen Square, saying
the Olympics should not curb
their legal rights.

The attackers in Xinjiang struck
at 8 a.m., plowing into the police-
men performing their morning
exercises outside a hotel next to
their paramilitary border patrol
post in Kashgar, Xinhua said.

After the truck hit an electri-
cal pole, the pair jumped out,
threw homemade explosives at
the barracks and ''also hacked the
policemen with knives,"' the
report said.

Fourteen died on the spot and
two others en route to a hospital,
while at least 16 others were
wounded, Xinhua said.

Police arrested the two attack-
ers, one of whom had a leg injury,
the report said.

The attack was one of the dead-
liest and most brazen in recent
years in Xinjiang province, where
local Muslims have waged a spo-
radically violent rebellion against
Chinese rule.

Local government officials
declined comment Monday. An
officer in the district police depart-
ment said an investigation had
been launched.

The exact location of the attack
in Kashgar could not immediate-
ly be determined. Kashgar, or
Kashi in Chinese, is the name of
an oasis town'that was once a stop



Thighs & Legs

Double Crunch
Sandwich

(Spc GI8.88

INTERNATIONAL NEWS).

THE TRIBUNE

Attackers kill 16 police
at Chinese border post



Robert F. Bukaty, File/AP_

am



IN THIS June 18, 2008, a Chinese paramilitary officer keeps watch over spectators and journalists at Aitigar Square during the Olympic torch relay in -
Kashgar, Xinjiang province, China. Two men rammed a dump truck into a group of jogging policemen and then tossed grenades into their barracks
Monday, Aug. 4, 2008, killing 16 officers and wounding others in Kashgar in the China's restive Central Asian border province, the state-run Xinhua

News Agency reported.

on the Silk Road caravan routes
and lies about 80 miles from the
border with Pakistan, Afghanistan
and Kyrgyzstan.

Chinese security forces have
been on edge for months, citing a
number of foiled plots by Muslim
separatists and a series of bomb-
ings around China in the run-up to
the Olympics, which open Friday.
Last week, a senior military com-
mander said radical Muslims who
are fighting for what they call an
independent East Turkistan-in
Xinjiang posed the single great-
est threat to the games.

Xinhua said that Xinjiang's
police department earlier received
intelligence reports about possi-
ble terrorist attacks in the week
leading up to the Olympics by the
East Turkistan Islamic Move-
ment. The movement is the name
of a group that China and the U.S.
say is a terrorist organization, but







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Chinese authorities often use the
label for a broad number of vio-
lent separatist groups.

In Xinjiang, a local Turkic Mus-
lim people, the Uighurs, have
chafed under Chinese rule, fully
imposed after the communists
took powet nearly 60 years ago.
Occasionally violent attacks in the
1990s brought an intense response
from Beijing, which has stationed
crack paramilitary units in the
area and clamped down on unreg-
istered mosques and religious
schools that officials said were
intiting militant action.

Uighurs have complained that
the suppression has aggravated
tensions in Xinjiang, making
Uighurs feel even more threat-
ened by an influx of Chinese and
driving some to flee to Pakistan

and other areas where they then *

have readier access to extremist
ideologies.



One militant group, the Turk-
istan Islamic Party, pledged in a
video that surfaced on the Inter-
net last month to ''target the most
critical points related to the
Olympics."

The group is believed to be
based across the border in Pak-
istan, with some of its core mem-
bers having received training from
al-Qaida and the Pakistani Tal-
iban, according to terrorism
experts.

Terrorism analysts and Chinese
authorities, however, have said
that with more than 100,000 sol-
diers and police guarding Beijing
and other Olympic co-host cities,
terrorists were more likely to
attack less-protected areas.

In Beijing, uniformed police

quickly surrounded the residen-

tial street where AP Television
News video showed the group of
protesters shouting about being

MeneaOL Een

kicked out of their homes and not
getting proper compensation. The
protesters had been evicted as ear-
ly as 2003.

The police officers did not
interfere, but women who said
they.were members of a neigh-
borhood committee pushed and
led the protesters away from the
area. Neighborhood committees
are not officially part of the gov-
ernment but work closely with
police and other departments.

China has stationed security
agents throughout the city to
watch for signs of unrest. Demon-
strations in and near Tiananmen
Square are rare and generally
stopped quickly by police.

It was not clear where the pro- *
testers were taken, and whether
they were detained. A duty officer
in the Beijing police news office
said he did not know what hap-
pened to them. .



| The Bahamas Blacticity Conpenation ("BEC") is extending: its dieadliive fen ssulemizaiom aft prapressalts

) Requests: for Prequalification documents er any

atheri

BRAC TI CUTTS SOE



@haramace



from Companies / Entities /' Firms ("Tandianans'")) wishing; to supply deniaall pawer fem:
renewaldle. sources om one of the islands willtiin BEC'S anes off supply tes:

Friday Septenther 12th, 22Qk

Renemalla Energy Finms, wishing to pre-qualify fan this pnejiectt stall! lee neqysineed! ta sutkesnitt
camprelensixe: details to allow the falliowing aneass to lhe exalisated:

i} Experience andi past penformance of the company am similian prejpatss,
il} Capability ofthe company te undiantake the project will nespact tm pensannall,
equipment, snuchine, enganization and financial nesauncess

nfanmatiom may be nadie ky emailiings:

\ | Alli proposal dacumants must he prepared im Eingllath andi exeny nequash made fian He pneeqyscalifiiarar-

| tian documents musk be: accampaniad by am application fee af USS NOD if applying fhann auntie
| the Bahamas and! B$50 if applying, fromm within the Bralhannass. Dexcusmeertts may lee sean bey eeliece.

bank account.

| deadline: specified above:

Kevin Bandas,

| tronic: mail, The mathad of payment willl he casth, castian’s check as wihe tranafias tt» a specified

Complitad decumants shalli ke dialivared! ta the falliawing; adidhess: ma liahen Ham 400 Raith om He

Tals: +1(242) 3022000 / Faz: +2 (242) TS-4BSz

| Attn: Renewable Technalagias Cammithes: (REC)

labsli Enveliagn:

Request For Prepesals: Renewalle nergy ~Power Gentratian

| The: Corperation: resenves, the: right ta nejecti any ar all) propasalts, Alli dieciticmss meade bey thee

[AAP TEE RAR DPD PRIS ENGI TESA SEES

Nee res ee RHE

carpanation; willl be: Hinall.

ED rE Pah aE S87)

6 SEV NAY ER EES
ath





TRIBUNE



- ‘progressively worse’

m By NEIL HARTNELL
Tribune Business Editor

trends for }
man yk
Bahamian |
businesses
have been |
getting “pro- |
gressively }
worse”, the:

Bahamas §
Chamber of

Commerce’s
president has
said, his own business having
gone from a 1 per cent increase
in January 2008 to a 10 per cent

SEE page 5B



* Chamber president
says business may have
‘underestimated’ rising
electricity’s impact on
consumers

* Own business has seen
sales go from one per
cent rise in January to 10
per cent decline in June

* Retail climate ‘brutal’, with
Pricebusters having very
difficult business model

* Economy unlikely to
improve until 2009
second half

BECon president ‘not
confident’ in Excise Tax

@ By NEIL HARTNELL
Tribune Business Editor

THE Bahamas Employers
Confederation’s (BECon) pres-
ident has told Tribune Business
he does not “have a great deal
of confidence” that the newly-
introduced Excise Tax would
protect the Government’s major
revenue sources from being

viewed as a protectionist trade -

barrier by the World Trade
Organisation (WTO).
Emphasising that his views
were his own, rather than
BECon’s, Brian Nutt said nei-
ther the Government nor the
private sector were ready for
the rules-based trading systems
set to be ushered in by full
WTO membership and the Eco-
nomic Partnership Agreement’s
(EPA) signing with the Euro-

pean Union (EU).

To prepare the Bahamas and
its tax system for the WTO, the
Government this year intro-
duced the Excise Tax to cover
its highest tax-earning imports,
in-a bid to protect them from
liberalization efforts.

Yet Mr Nutt said: “I don’t

‘have a great deal of confidence

in that Excise Tax being in com-
pliance with the free trade
objectives of the WTO....

“I can’t categorically say no,
but I kind of doubt that it will
be [OK]. That is something that
will be frowned on, and in order
to comply with our membership
in the WTO, we will have to
have some agreement on phas-
ing it out over time.

“We’re going to have to

SEE page 9B

Realtors having second
thoughts on EPA treaty

@ By NEIL HARTNELL
Tribune Business Editor

BAHAMIAN realtors are

having second thoughts about |

the benefits of signing the pro-
posed Economic Partnership
Agreement (EPA) with the
European Union (EU), amid
concerns that any wider eco-
nomic impact could negatively
affect real estate demand and
sales.

William Wong, the Bahamas
Real Estate Association’s
(BREA) president, said that
while real estate may have been
excluded from any liberaliza-
tion and opening up to Euro-
pean realty firms in the
Bahamas’ EPA services offer,
his concern was the potential
impact on the wider Bahamian
economy.

Attorneys concerned over
‘entire basis’ for nation to
sign agreement and commit
to ‘such a paradigm shift

in trade relationships’

As a result, he had asked oth-
er BREA directors to do their
own research on the EPA so
that “in a few days” the organ-
isation could public state its
position on the EU trade agree-

. ment.

“Just because we're OK does
not mean that everything is
hunky dory,” Mr Wong told
Tribune Business.

“I’ve been doing my own
research and asking around

SEE page 7B

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Sales trends getting Ex-BEC chair ‘totally opposed’ 7

AUGUST 5,



2008

ROYAL FIDELITY



Money at Work

NASSAU OFFICE

(242) 356-9801

FREEPORT OFFICE
(242) 351-3010

to privatisation ‘at this time’

@ By NEIL HARTNELL
Tribune Business Editor

former

Bahamas Elec-

tricity Corpora-

tion (BEC)

chairman is
“totally opposed” to its privati-
zation “at this time”, having told
Tribune Business that the state-
owned power monopoly just
requires “stronger leadership
and management” to be suc-
cessful.

Retired banker Al Jarrett,
who chaired BEC’s Board until
January 2005 under the former
Christie administration, said the
Ingraham government had
more important economic poli-
cy issues to deal with than pri-
vatizing BEC, as the Corpora-
tion’s woes would be addressed
if it “tightened up on spending”
and became more efficient.

Admitting that he was “some-
what surprised and shocked”
when the Prime Minister
revealed to Tribune Business
that the Government was look-
ing to privatise BEC once had it

completed the same exercise
with the Bahamas Telecommu-
nications Company (BTC), Mr

, Jarrett said there was the dan-
ger of “throwing the baby out!

with the bath water”.

This was because the BEC
privatization announcement
seemed to be a ‘knee-jerk’ reac-

tion to the Corporation’s pre- -

sent financial position and cap-
ital investment needs, he added,

rather than a considered poli-

cy position.

“I’m not anti-privatisation,
but you have to do it at the right
time,” Mr Jarrett told Tribune
Business. “I would be totally
opposed to privatizing BEC at
this time, because there are so
many things happening in our
economy and too many distrac-
tions. It has taken 10 years to
privatise BTC.

“T believe the Goveaancnl
has to allow BEC to become
more efficient by putting the
right people in there. If oil
prices become more stable,
BEC will stabilize and the fuel

surcharge will stabilize. We

don’t have to throw the baby

out with the bath water.”
More urgent economic prior-
ities for the Government, Mr
Jarrett suggested, should be
addressing the slowdown in the
general Bahamian economy and
foreign direct investment, plus
the fiscal deficit and national
debt.
While soaring global oil
prices have undoubtedly
impacted BEC’s cash flow,
working capital and profitabili-

ty, little attention has been paid -

as to whether the Corporation
could be run more efficiently
and its operating costs reduced.

Mr Jarrett said BEC needed

’ to “tighten up on what they

spend”, adding that he felt it
should not be investing more
than $25-$30 million in power
generation and distribution
capacity in any Family Island
because it would never receive a
return on thisinvestment.
“They did not implement the
road map that I left in place to
restructure BEC to make it
more efficient,” the ex-chair-
man said. Under his watch,
BEC had been profitable in the

Entrepreneur targets $500k profit in seven years

@ By NEIL HARTNELL
Tribune Business Editor

A BAHAMIAN entrepre-
neur, who is appealing to the

* Ministry of Finance over the

Government-sponsored venture
capital fund’s decision not to
provide the $68,000 in financial
backing he was seéking,
believes his business idea could
generate an aggregate $500,000
in net income during its first
seven years. .

The business plan for
Bahamas Hydraulics, a compa-
ny that Clever Duncombe and
his business partner, Andrew
Moxey, hope to create, project-
ed that the expanding construc-

‘tion industry could help it to

generate an aggregate of
$160,000 in net income during

its first three years.

Bahamas Hydraulics would
be involved in the construction

How do you attract and retain

of hydraulic hoses for heavy » trucks, dump trucks and others

equipment and industrial vehi-
cles, competing with the likes
of AID (Automotive and
Industrial Distributors) and
Caribbean Hydraulics. It would
also expand into other areas
such as air conditioning hoses
and propane lines

In his business plan, Mr Dun-
combe, who has embarked on a
campaign to obtain a reason as
to why his request for debt
financing was rejected by the
Bahamas Entrepreneurial Ven-
ture Fund, said few construc-
tion and heavy equipment com-
panies stocked spare parts and
kept repair technicians on their
payrolls.

This had created the oppor-
tunity for Bahamas Hydraulics
to exploit, the Ministry of
Works having estimated that
there were 6,186 industrial vehi-
cles — earth movers, garbage

- registered i in New Providence
in December 2007.

“Given the average age of the
vehicles currently registered, it
is assumed that one out of three
vehicles requires one service call
per month,” the business plan
said. “This generates an acces-
sible market of approximately
2,000 service calls each month

over the entire industry in New.

Providence.”

The forecast increase in con-
struction industry activity
(although not having material-
ized to date) stemming from
both government and private
sector investment projects was

likely to add to the ‘wear and ©

tear’ on these vehicles, giving

Bahamas Hydraulics “tremen-

dous growth potential”. .
“Financial projections out-

SEE page 8B

years 2003-2005, but there had
been much “wastage”, while |

monies owed to the Corpora-
tion remained uncollected.
Mr Jarrett added that BEC’s

expenditure had been reduced *

to $88 million in his last year as
chairman, a reduction on the
previous year’s $97 million. Yet

in the year after his departure, -
spending again rose to $121 mil-

lion. -






‘The Prime Minister previ- '

ously told Tribune Business that

BEC needed to invest $150 mil-
lion on infrastructure in Abaco -

and Eleuthera alone, with New
Providence requiring “hundreds
of millions” of dollars in new
investment.

Yet Mr Jarrett said that when

he left BEC in the 2005 first.
quarter, its capital expenditure

needs for New Providence and

the Family Islands combined

had been pegged at just $131
million.

Although unsure about
whether inflation and construc-
tion materials costs may have

SEE page 4B

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PAGE 2B, TUESDAY, AUGUST 5, 2008

THE TRIBUNE ;





To advertise, call 502-2371

Legal Notice

NOTICE

NOTICE IS HEREBY GIVEN as follows:

(a) CENTURION FX FUND LIMITED is in dissolution under the
provisions of the International Business Companies Act 2000.

(b) The Dissolution of said Company commenced on August 1, 2008
when its Articles of Dissolution were submitted and registered by
the Registrar General.

(c) The liquidator of the said company is Lakeisha Collie of 2nd Terrace

West, Centreville, Nassau, Bahamas.

(d) All persons having Claims against the above-named Company are
required on or before the 2nd day of September, 2008 to send.their
names and addresses and particulars of their debts or claims to the
Liquidator of the company or, in default thereof, they may be excluded
from the benefit of any distribution made before such debts are proved.

AUGUST 5, 2008
LAKEISHA COLLIE

LLIQUIDATOR OF THE ABOVE-NAMED COMPANY



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Banking in the

public’s interest

At the end of last week’s col-
umn, I cited the case of a local
bank that refused to provide
services to the public unless one

had an account with their insti- :

tution. As a result of numerous
comments and feedback, I am
compelled to follow up on last
week’s article.

I consulted with a former
Central Bank governor, who
was adamant in stating that a
policy of only providing services
to account holders is not con-
sistent with the terms of their
license, as banks have a public
license and therefore an obliga-
tion to serve the public.

The irony here is-that the
issue at hand is not large, out-
of-the ordinary transactions, but
routine transactions. You ought
not need a bank account to, say:
break down large bills into

smaller bills, get a bank draft

or exchange currency for travel
for nominal amounts.

I fully understand and sup-
port the current anti-money
laundering (AML) and Know
Your Customer (K YC) regimes







Focus

i by Larry Gibson

that are required in today’s
world. However, it is unfair to
use AML/KYC compliance as
an excuse for the implementa-
tion of bad or inappropriate
policies.

Compliance is increasingly
being applied on a ‘risk-basis’,
and the potential exposure that
most micro transactions pose is
minimal.

In all of this, it is the ‘little
man’ that suffers as large seg-
ments of the Bahamian popula-
tion today remain ‘un-banked’.
There are many low income
Bahamians out there, existing
on the minimum wage or below,
who get paid weekly and do not
have any bank account whatso-
ever. Don’t they deserve the
ability to obtain some basic
banking services

Guise ne }




























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Financial

Proposed AES -
Contribution To
Slashing Polluti
How Burning

Help to Reduce BEC
Greenhouse Gases

International Airport

I received an e-mail from a
reader who had a similar expe-
rience at the airport in trying
to change a small amount of
Bahamian dollars into Euros as
he was travelling to Cuba for
medical treatment. He was

allegedly told that you need a°

bank account to exchange cur-
rency. It was only after pleading
his case that the teller used her
discretion and facilitated the
requested transaction.

This raises a much larger
issue. Upon inquiry, I was told
by a senior official that it was
that Bank’s “global policy to
reflect all cash transactions
through an account as part of
KYC”:

Somebody must be missing
something here. If a traveller
arrives here from London with
only sterling currency in his pos-

session and goes to this same.

branch to obtain local currency,
would he be turned away? Ido
not believe for one moment that
he would be turned away.
Clearly, he would not have an
account with that bank. Ifa vis-
itor can be served, then a
Bahamian must be served
under the same circumstances.

Further, as an economy that
exists on foreign investment and
tourism, is this the type of poli-
cy we want applied at our prin-
cipal port of entry? I travel all
over the world and I routinely
have to go into local banks to
do basic transactions... it is nev-
era problem.

There is only one bank at the
airport. If this is indeed the pol-
icy, then we need to ask:
“Should this sole concession
remain?” If the sole provider
at the airport does not wish to
provide this service, then per-
haps we should consider alter-
natives. In most modern air-
ports there are Money
Exchange Bureaus for this pur-
pose - at Heathrow Airport
there are dozens in Terminal 5
alone. The question is: Has



+ if
LT at

IK abu



¢ Sulphur Dioxide Reduction
A ninety-percent (90%) reduction totalling 2,000 tonnes.

¢ Nitrogen Oxide Reduction
A 2,000 tonne reduction from just under 3,500 tonnes to less
than 1,500 tonnes.

° Carbon Dioxide Reduction
The expected carbon dioxide reduction will be greater than
150,000 tonnes per year, which would lower the current BEC
emissions from diesel by approximately 27%.





thought been given to such facil-

ities after regular banking #

hours? If we truly want a mod-
ern international airport we
must have the necessary ser-
vices associated with a modern
airport.

Just one week ago we passed |

a resolution to raise up to $450

million for the redevelopment ,

of the Lynden Pindling Inter-
national Airport. Surely we can-
not be held hostage by one
bank with non-practical polices.

Conclusion

If vou have a license to pro-
vide certain services to the pub-
lic at large, you should not be
able to unilaterally apply arbi-
trary policies to the delivery of
that public service.

For instance, if the Govern-
ment decides that it is in the
public interest to have a bus
route from Downtown to Caves
Point, and you apply for and
are granted that route, you, as
the bus operator, cannot arbi-
trarily decide to turnaround at
Delaporte Point because you
feel like it.

Given the public policy impli-
cations of this matter, it might
be appropriate for the banking
regulatory agencies to investi-
gate. Until next week...

NB: Larry R. Gibson, a Char- *

tered 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 share-
holder of Security & General

- Insurance Company in the

Bahamas.

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

Ocean



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THE TRIBUNE



BSN

Airline revenue yields

hit heights for Nassau

@ By NEIL HARTNELL
Tribune Business Editor

REVENUE yields on routes to Nassau
are higher than those obtained by US air-
lines on domestic and international routes,
notes attached to Prime Minister Hubert
Ingraham’s presentation on the $450 mil-
lion Lynden Pindling International Air-
port redevelopment have revealed.

A little-noticed attachment to the Prime
Minister’s House of Assembly presenta-
tion noted that airline revenues on routes
to Nassau were “relatively strong”, the
average yield being $0.18 per mile.

This compared to an average yield on
US domestic routes of $0.13 per mile, some
28 per cent less, and $0.12 per mile on US
international carrier routes — some 33 per
cent less.

Moving to rebut concerns over the pro-
posed 20 per cent across-the-board
increase in fees at LPIA, which was exclu-
sively revealed by Tribune Business and is
set to take effect this month, the Prime

Minister’s notes revealed that “current air-”

port charges are relatively low for inter-
national flights”.

LPIA’s charges were some 36 per cent or
$14 per passenger below the Caribbean
average, and 59 per cent or $36 per pas-

Masta



senger below the average in Miami and
Fort Lauderdale.

The notes added that an 873 per cent:

or $22 iricrease in fees at LPIA from July 1,
2007, onwards, had caused “no material
negative passenger impact” as air arrivals
were up 6.1 per cent between January-
March 2008.

The Nassau Airport Development Com-
pany (NAD), which operates LPIA via a
management/lease agreement with the Air-
port Authority and the Government,
requires some $430 million to finance the
terminal redevelopment, with some $80
million of that earmarked to refinance
existing debt.

For the first redevelopment phase, which
involves construction of the new US depar-
tures terminal, some $280 million is
required - $200 million for construction,
and $80 million to refinance existing debt.
When that is completed, the passenger
facility user fee is likely to increase from $5
to $7.50 for domestic travellers.

To enable NAD to maintain schedule
and get its project financing in place, all
government approvals must be in place by
September 30, 2008. And from a con-
struction perspective, all steel must be
ordered by November 2008, which requires
the financing to be completed by then.

Restaurants see business decline

@ By CARA BRENNEN-BETHEL
Tribune Business Reporter



RESTAURANTS are seeing a fall-off in
business as Bahamians from every walk of
life are being affected by the sluggish econ-
omy.

With people struggling to make ends
meet and cutting out non-essential services
and luxuries, many are choosing to eat out
less.

Steve Beneby, of Steve’s Café, located

’ on Robinson Road and East Street South,
told Tribune Business that his restaurant

_ has definitely seen a drop in the number of |,

‘customers dining in.
“Well, you do have this slowdown in the

ed

pa

ON-THE-SPOT |

economy, so people are spending less and,
in particular, they are buying less food and
cooking more, which is more economical
for them, I guess,” he added.

Mr Beneby said that like many other
businesses around the country, rising fuel
costs have hit his bottom line hard. “Every-
thing is going up, and BEC’s surcharge is
killing us, everyone is affected.”

Like other businesspersons, he said that is
a cost that has to be absorbed by the cus-
tomers, although his restaurant is hesitant
to increase its prices by too much.

The owner of the Souse House, a restau-

rant located on Wulff Road, explained that _,, one,dinner to share and asking you to put.,..,
“more food in, then asking for extra forks Ls
“paint

her business had also been affected,

She noted that it has been inereasingly 27 and plates;”the owner said:

ee i



difficult to price her food reflective of the
actual costs.

"You know how it is. People want 'to
complain if you add even a small amount
like 50 cents, and then when they are willing
to pay it they want you to give them more
food,” she said.

Additionally, she said that what she is
seeing is that her customers are still coming
to her restaurant, but they are buying less
than before.

"So what you are seeing is that they will
come in, but instead of buying two or three
dinners, like they used to, they are buying



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Location: Bacardi Road off Carmichael Road

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Aug 9t

TUESDAY, AUGUST 5, 2008, PAGE 3B



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The company will not he liable for any debts incurred

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Expereince is an asset.

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PAGE.4B, TUESDAY, AUGUST 5, 200



Ex-BEC chair ‘totally oppos

FROM page 1B

contributed to the figures
unveiled by Mr Ingraham, who
was pegging BEC’s capital
needs at between $300-$500
million over the next three
years, Mr Jarrett said the sums
seemed high.

“They should spend no more
than $25-$30 million on any
Family Island plant, because
they can’t get the return,” Mr
Jarrett told Tribune Business.
“But you’ve not got business
persons making those decisions.

“To invest $80 million in
Abaco in plant at this time is
very high. I left a good road
map in place, and the cost of

plant in Abaco was $45 mil-
lion.........

“When looking at these kind
of investments in the Family
Islands, you’ll never get the
returns. The Family Islands will
never be economically viable
because you won’t have the
economies of scale to collect
returns on those investments.

“BEC does not have the
capacity to borrow half-a-bil-
lion dollars. Even if they had it,
they shouldn’t be doing it,
because the Family Islands have
never been profitable. Eighty-
five per cent of BEC’s revenues
come from New Providence and
Paradise Island, with 15-20 per
cent coming from the Family

Legal Notice

~ NOTICE ,

INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

RAYDEN ASSOCIATES LIMITED

In Voluntary liquidation

Notice is hereby given that in accordance with Section 137
(4) of the International Business Companies Act (No. 45 of
2000), RAYDEN ASSOCIATES LIMITED has been dis-
solved and struck off the Register according to the Certificate
of Dissolution issued by the Registrar General on the 20th day

of June,-2008.

MARK JAMES SHORTLAND
Vannin, Fairy Cottage
Laxey, Isle of Man

IM4 7JB .
Liquidator

MANAGER

Owner of small
Family Island Hotel & Marina
is seeking services of a manager with
_overall operational and marketing
experience.



Interested persons should submit their
applications with full resumes by
Wednesday, August 13, 2008 to:

DA#63267
c/o The Tribune
P.O. Box N-3207
Nassau, Bahamas




COMMONWEALTH OF THE BAHAMAS
IN THE SUPREME COURT



COMMERCIAL DIVISION

Nassau in the Island of New Providence.

prescribed charge for the same.

IN THE MATTER OF BANCO POPULAR INTERNATIONAL LIMITED
(In Voluntary Liquidation)

AND
IN THE MATTER OF THE COMPANIES ACT

NOTICE IS HEREBY GIVEN that a Petition for the winding up of the above-named
Company subject to the supervision of the Supreme Court was on the 20th day of Ju'y,
AD., 2008 presented to the said Court by Banco Popular International Limited, a Company
having its Registered Office situate at The Deanery, Cumberland Street in the City of

AND that the said Petition is directed to be heard before the Honourable Justice
Mrs, Chery! Aloury in Court in the Marlborough Street Annex in the City of Nassau aforesaid
on Thursday the 21st day of August, A.D., 2008 at 42:40 in the afternoon and any creditor
or Contributor of the said Company desirous of supporting or opposing the making of the
Order on the said Petition may appear at the time of the hearing in person or by his counsel
for that purpose; and a copy of the Petition will be furnished by the undersigned to any
Creditor or Contributory of the said Company requiring such copy on payment of the

CALLENDERS & CO.
Chambers
One Millars Court
Nassau, Bahamas
Attorney for the Petitioner

NOTE: Any person who intends to appear on the hearing of the said Petition must serve cn
or send by post to the above-named, notice in writing of his intent in so to do. The Notice
must state the name and address of the person, or, if a firm, the name and address of the
firm and must be signed by the persons or firm or his or their attorney (if any} and must be
signed or, if posted, must be sent by post in sufficient ne to reach the above-named net
later than 4:00 o'clock on the afternoon of the 19th day August, A.D., 2008.






COMMbnK/00059








































THE TRIBUNE:





Islands. We are subsidizing
those [Family Island] invest-
ments and never getting the
return.” ;

Mr Jarrett said that during
his time as BEC chairman, none
of its three Family Island divi-
sions was profitable. If the Gov-
ernment decided to go through
with its privatisation plans, he
urged them not to transfer a
monopoly from the public to
the private sector, as that could
result in further price increases
for business and residential cus-
tomers.

Mr Jarrett said the Govern-
ment would also have to decide
whether to privatise power gen-
eration, distribution or both. He
added that the latter was more
critical, as it was the distribu-
tor who would be responsible
for end-user or consume prices.

Rather than go straight into
privatization, Mr Jarrett sug-

BUSINESS

ed’ to privatisation ‘at this time’





gested that the Government
give BEC “some breathing
room” by “putting in place the
right people and structure”.

“I believe BEC could be suc-
cessful without political inter-
ference and by bringing in pro-

“fessionals to run BEC,” Mr Jar-

rett said, adding the it was now
a “$1 billion corporation”.

The main requirement was
for “strong management and
leadership”, given that BEC
sought to marry three cultures —
its management, middle-man-
agement union, and line staff
union.

“We have to bring in the best
people we find to run BEC at
Board level, as well as manage-
ment. We have to have strong
business leadership in these
kinds of Corporation. We’ve got
to get the best people in these
corporations, but we’re not uti-
lizing the talent we have,” Mr

Legal Notice

NOTICE
EVERGREEN CONSULTANTS LTD.

(In Voluntary Liquidation)

Notice is hereby given that the above named
Company is in dissolution, which commenced
on the 28th day of July 2008. The Liquidator is

Argosa Corp. Inc., PO. Box N-7757 Nassau,

Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE
CHAROLA POINTE INC.

(In Voluntary Liquidation)

Notice is hereby given that the above named
Company is in dissolution, which commenced
on the 17th day of June 2008. The Liquidator
is Argosa Corp. Inc., P. O. Box N-7757 Nassau,

Bahamas.

ARGOSA CORP. INC.
(Liquidator)



Legal Notice

NOTICE
WESTHILL RIVER INC.

(In Voluntary Liquidation)

Notice is hereby given that the above named
Company is in dissolution, which commenced
on the 22nd day of July 2008. The Liquidator
is Argosa Corp. Inc., P. O. Box N-7757 Nassau,

Bahamas.

ARGOSA CORP. INC.
(Liquidator)




Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE
COTTONDALE LIMITED

(In Voluntary Liquidation)

Notice is hereby given that the above named
Company is in dissolution, which commenced
on the 11th day of July 2008. The Liquidator is
Argosa Corp. Inc., P.O. Box N-7757 Nassau,














Jarrett said. “Pay them good
money, and bring in talented
people from the private sector —
bankers and business people.”

He added that 2003 was
BEC’s “best year for profitabil-
ity” despite the decision to cut
its basic tariff rate. This
returned $17 million per annum
to BEC customers, and reduced
the Corporation’s profits from
$32 million to $15 million.

Although the current gov-
ernment had blamed that tariff
cut for plunging BEC into the
red, and for costing it $55 mil-
lion over three years, Mr Jar-
rett said if that had not been
done, Bahamian consumers and
businesses would be feeling a
greater burden in their electric-
ity bills currently,

He acknowledged that BEC
had been impacted by soaring
global oil prices, explaining that
the Corporation had paid $37



per barrel for its fuel in 2002-
2003. Between 2003-2005, this
had risen to $50, and today
prices were between $125-$140
per barrel.

Mr Jarrett said the Govern-.,
ment should eliminate “perma-.
nently” the 17 per cent tax BEC.
was paying on its oil imports, ,
in the form of 10 per cent cus-
toms duty and 7 per cent stamp ,
tax. When oil was priced at;
below $100 per barrel, the Cor-.,
poration was able to absorb the ,
increased tax payments in its,
cost structure, something it can-
not do currently.

The current administration
has suspended BEC’s fuel duty:
payments for two years, but Mr
Jarrett said he had written to
the then-minister responsible,
Bradley Roberts, in December
2004 recommending that this,
tax be removed on a pro-rata’
basis over a three-year period. '

| Dr. Ricardo E. Crawford, DMD
Now practices under the name of
Genesis Dental Center
Bahamas Lid.

Meildon Plaza, Mackey Street
(242) 393-2333/ 394-4333
New Name

Same Great Locatiow |



Legal Notice

NOTICE
CLYDESDALE VENTURES S.A.

(In Voluntary Liquidation)

Notice is hereby given that the above named
Company is in dissolution, which commenced
on the 11th day of July 2008. The Liquidator is
Argosa Corp. Inc., P.O. Box N-7757 Nassau,

Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE
QUARTETTO LTD.

(In Voluntary Liquidation)

Notice is hereby given that the above named
Company is in dissolution, which commenced
on the 22nd day of July 2008. The Liquidator
is Argosa Corp. Inc., P. O. Box N-7757 Nassau,

Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

| NOTICE
AUVERGNE VALLEY LTD.

(In Voluntary Liquidation)

Notice is hereby given that the above named
Company is in dissolution, which commenced
on the 18th day of July 2008. The Liquidator is
Argosa Corp. Inc., P.O. Box N-7757 Nassau,

Bahamas.

ARGOSA CORP. INC.
(Liquidator)


THE TRIBUNE

IUESVAY, AUGUSI 9, ZUU8, FAGE ob



Mi AS: |} 6 lw eee

Sales tren

FROM page 1B

decline in June.

Dionisio D’Aguilar, who is
also Superwash’s president, said
many firms had “underestimat-
ed” the impact soaring electric-
ity bills have had on consumer
spending.

“We need to understand that
the rising cost of electricity must
be taking a substantial chunk
out of everyone’s take home
pay,” the Chamber president
told Tribune Business.

“You’d be hard pressed to

find anyone paying less than
$400 a month in light bills, given
the amount of people in a home
and their inability to live with-
out air conditioning. Those peo-
ple making between $200-$400
a week, between 25 per cent to
one-third of their pay cheque is
going on electricity.”

As a result, a substantial
amount of the disposable
income possessed by Bahami-
an consumers was being “eat-
en away” by BEC costs, leav-
ing them with less money to
spend on other goods. With

demand down, Bahamian com-
panies were feeling the pinch
from declining sales and
increasing costs, given that they,
too, faced the same soaring
energy costs.

Mr D’ Aguilar said of his own
Superwash business: “I might
have averaged a 4-5. per cent
sales decline over six months,
but it’s progressively getting
worse. One would have thought
that washing clothes would be a
recession-proof business.

“] think we kind of underes-
timated how the rising cost of

electricity, the rising cost of fuel,
would be eating up so much of
people’s take home pay.”

The Chamber president was
speaking after a week that pro-
vided more compelling evidence
of a slowing Bahamian econo-
my. Cable Bahamas announced
what was probably the first
quarter-over-quarter decline in
cable television subscriber num-
bers in its history, while dis-
count retail chain Pricebusters
said it was closing 13 out of its
14 store locations and laying-

off staff members.

Craig Walkine, Pricebusters’
owner, did not respond to Tri-
bune Business’s calls seeking
comment, but Mr D’Aguilar
said he believed the company
may have suffered from having
“a very difficult business mod-
el” in the current economic cli-
mate.

As a discount chain, Price-
busters sought to undercut the
competition with low-priced
products. This meant its mar-

. gins were thin, and it effective-

THE WESTIN Se
GRAND BAHAMA ISLAND Sheraton
OUR LUCAYA.
Resort

EXCELLENT CAREER OPPORTUNITY EXISTS FOR
CHINESE CHEF

OUR LUCAYA
RESORT

Skilled in the culinary field, this successful candidate must possess extensive
knowledge and experience in the preparation of sushi, Asian, Japanese, Thai and
Chinese cuisine. Individual will train, supervise and lead the culinary team in the
resort’s Asian restaurant utilizing the highest standards of menu preparation and
presentation. Other minimum requirements are:

Excellent interpersonal, communication and customer service skills.

Basic computational and budgetary analysis capabilities; |
Technological proficiency in computer programs Excel and Microsoft Word;
At least three years experience working in a resort setting within the food and
eave and or réstaurant field, preferably with Asian cuisine

Bachelor’s degree preferred.

We. offer exceptional pay and benefits.
Qualified applicants should submit their résumés in writing no later than
August 15th, 2008 to
ourlucayajobs @starwoodhotels.com
The Westin and Sheraton Grand Bahama Island Our Lucaya Resort
Attn: Human. Resources Department
P.O. Box F-42500
Freeport, Grand Bahama



beanie oved Jeri nevip yoswri 2: gore’

Grand Bahama island]







nait

‘SECURITY & GENERAL
ASSISTANT FINANCIAL CONTROLLER

Security and General (S&G), part of the Colonial Group of Companies with
peacuaae in Bermuda, is seeking an Assistant Financial Controller.

ORR OTE.

CGIL, with offices in Bermuda, the oe Islands, the British Virgin Islands as well as

the Bahamas, offers a complete range of premier financial and insurance services and,
over ‘the past few years, has undertaken significant growth. This is an opportunity to
be part of a rapidly growing innovative company, focusing on providing clients with first

class service and-access to competitive products.
The position of Assistant Financial Controller, reports directly to the Financial Controller.
Duties will include, but not be limited to the following:

Cash Management

Reconciling balance sheet accounts on a monthly basis
Preparing monthly financial statements

Reconciling Great Plains to FOLIO on a monthly basis
Assisting the motor and property department with any
problems reconciling daily payments with cash sheets.
Working with the financial controller and staff in the
preparation & review of procedure manuals

Assisting with annual budget preparation

It is essential that applicants possess the following qualifications, experience and
attributes:

Currently working towards a professional accounting
designation (CA, CMA, CPA, CGA) or qualified with less
than 2 years experience

Proficient in Microsoft Excel & Word

Great Plains knowledge would be an asset

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

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

Security & General
“Attn: Human Resources
PO Box N 3540
Nassau, Bahamas

Or es aha 7

Closing Date for applications is August 8th, 2008.




































LENNOX PATON

Counsel & Attorneys-At-Law

EMPLOYMENT OPPORTUNITY

Lennox Paton is seeking an enthusiastic and
dynamic Administrative Assistant for our
Corporate Litigation Department.

REOUREMENT?:
A minimum of two years experience in a similar
position

e Proficient in Microsoft Word, Excel, Outlook &
Powerpoint

¢ Good working knowledge of general office

procedures and database management

PERSONAL ATTRIBUTES
e Must be conscientious, thorough and organized —
e Must meet deadlines

¢ Must have good client liaison skills

¢ Require minimum supervision

Interested persons must submit a cover letter and
current resume no later than August 15",.2008 to:

HRmanager@lennoxpaton.com
OR

° Human Resources Manager
Lennox Paton
P.O. Box N-4875
Nassau, Bahamas



. .year before things get,better.” *

New Providence’s Newest
Gated Community
1 Mile off JFK Drive through
. South West Ridge

ds getting ‘progressively worse’

ly relied on volumes to generate
profitability.

Yet the economic slowdown
has seen consumers rein in
spending, depressing sales vol-
umes, while all Bahamian busi-
nesses have had to cope with
an economic climate in which
operating costs have spiraled
due to skyrocketing energy/fuel

_ costs. Such a squeeze will have

impacted companies such as
Pricebusters, with thin margins,
first.

“With your fixed costs rising,
whether it be electricity or
whatever you have, it became a
very difficult model to sustain,”
Mr D’ Aguilar said of Price-
busters. “You have very low-
priced items that may generate
a big gross profit, but in dollar
terms it’s a small net amount.

“T just think you need to gen-
erate a substantial amount of
volume. because your fixed costs
are ever-increasing. The busi-
ness model became very diffi-
cult, and everyone was opening
a similar store.”

Describing the general
Bahamian retailing climate as
“brutal”, Mr D’Aguilar said.
businesses were caught between |
the need to raise prices to com-’
bat ever-increasing operating
costs knowing that consumers
— with less disposable income —
might not be able to afford the
increases.

As a result, many companies
were being left with no choice
but to absorb any tax and duty
increases resulting from the
2008-2009 Budget.

“T think it’s extremely tough
and very, very difficult,” Mr
D’ Aguilar said. “You’ve got
your costs which you have to
pay, which are chiefly electrici-
ty and power, but the staff are
saying: ‘What about us?’

“Consumers are not paying:
the increased prices, so there is
huge pressure not to raise them,
because it doesn’t improve any-.
thing. The status quo will not
suffice. We’ve got to find ways
to improve efficiency.”

He added: “We’ve noticed
that a lot of gas stations are
closed. People will suffer
through as much as they can,

but I guess it depends on how

long it goes on for. In my esti-
mation, it will be the end of next.







SALES OFFICE OPEN
Monday - Friday 9:00 AM - 4:00 PM Daily

PRECONSTRUCTION PRICING

HOUSE & LOT PACKAGES STARTING AT -
$335,000.00

TOWNHOUSE UNIT STARTING AT -
$250,000.00
SINGLE FAMILY LOTS STARTING AT -
$98,000.00 ,
DUPLEX LOTS STARTING AT -

$115,000.00

MODEL HOUSE IS OPEN FOR
APPOINTMENT VIEWINGS
TO RESERVE YOURS CALL OUR
SALES OFFICE

Ph 242-341-4042



Fax 242-341-1407

emeraldcoastbahamas @ hotmail.com
www.emeraldcoastbahamas.com

luuuudannauncuneniiuidititibiiiteE
‘PAGE 6B, TUESDAY, AUGUST 5, 2008 _- THE TRIBUNE

SECURITY & GENERAL
Accounts Assistant, Payables










Public Utilities Commission





Security and General (S&G), part of the Colonial Group of Companies with

Honus Tahy : ;
_ headquarters in Bermuda, is seeking an Accounts Assistant, Payables.





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

PUBLIC NOTICE
PUBLIC CONSULTATION

BAHAMAS NATIONAL
NUMBERING PLAN





The position of Accounts Assistant, Payables, reports directly to the Financial Controller.
Duties will include, but not be limited to the following:





The preparation of all claims, customer refund, and supplier checks as
requested

Posting check payments to the G/L

Reconciling supplier statements and invoices on a monthly basis
‘Maintaining filing system for paid invoices

Reconciling accounts payable sub-ledger to accounts payable control account
on a monthly basis

Clearing bank reconciling items daily

Assisting with accounts receivable collection if required

The Public Utilities Commission (PUC). hereby invites comments from
licensees, other stakeholders and the general public on its consultation
document on = the National Numbering Plan for The Bahamas.





The goals of this consultation are to:




inform licensees, other stakeholders and the general public of the PUC’s
intention to develop a National Numbering Plan to administer and
manage numbering resources for current and future needs, and invite
comments from licensees, other stakeholders and the general public.









It is essential'that applicants possess the following qualifications, experience and
attributes:




Section 6(4) of the Telecommunications Act, 1999 requires the PUC to act in
a timely, transparent, objective and non-discriminatory manner and consistent
with the objectives of the Act. While section 6(5) of the Act requires the
/ Commission to publish its proposals on any general instruction intended to be
issued under any part of the Act and allow a reasonable period of consultation.

Knowledge of basic accounting

One year relevant work experience

Strong communication and organisational skills
Proficiency in Microsoft Word and Excel





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

Copies of this document can be obtained from the PUC’s office located at
4" Terrace East, Collins Avenue . Written comments should be submitted
by September 26, 2008 via post, hand delivery, facsimile or e-mail to:









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




Executive Director
Public Utilities Commission
P.O. Box N-4860
Fourth Terrace East
Collins Avenue
Nassau, Bahamas
Fax: 242 323-7288
Email: info@pucbahamas.gov.bs.



Security & General

Attn: Human Resources

PO Box N'3540

Nassau, Bahamas

Or'by email to:
acash@atlantichouse.com.bs










Closing Date for applications is August 8th, 2008.












“Rewarding. My work at The Tribune is creative and challenging. I enjoy
contributing to the look of our newspaper, while meeting the needs of

our advertisers. | enjoy working here. The Tribune is my newspaper.”

ESTHER BARRY i

- The Tribune moeeensne rn
My Voice. My Meupepe! | ES


=

THE TRIBUNE

BUSINESS

TUESDAY, AUGUST 5, 2008, PAGE 7B



Realtors having second thoughts O

FROM page 1B

town. It’s OK for the Ministry
[of Finance] to assure us we’re
OK. My concern is if we’re OK
and others are not OK. Whose
going to buy our land, buy our
real estate if things are not OK.

“We’re being assured our
industry will not be affected,
but we’re concerned about all
other parts of our economy that
might be affected because, at
the end of the day, we’re all in
the same bag.”

Real estate, along with other
sectors such as telecommunica-
tions, retail and wholesale, are
among the 25 per cent of ser-
vices industries that the
Bahamas intends to exclude
from liberalization in its EPA
services offer. That offer has yet
to be formally submitted to the
EU or CARICOM Regional
Negotiating Machinery
(CRNM), it being one item
among many on Cabinet’s agen-
da.

The Bahamas’ services offer,
which the Government has
billed as largely preserving the
National Investment Policy’s
‘status quo’, by excluding real
estate means that the industry
will not be opened up to market
access by EU firms in any of
the four supply modes — cross-
border services provision, com-
mercial presence, individual
European realtors and Euro-
peans travelling here to con-
sume the services.

Yet despite the ‘protected’
status that the Bahamian real
estate industry apparently
enjoys via this nation’s EPA ser-
vices offer, Mr Wong said he
had asked BREA’s directors to
do “some research on the issue
and where we should go”.

He added: “We’re doing due
diligence, and hopefully in a few
days we’ll come out with a posi-
tion. Right now, we are con-
cerned about signing on to the
EPA, but we’re going to do our
homework.”

Mr Wong indicated he was
concerned that the Bahamas
could be sacrificing its wider
economic interests just to pre-
serve duty-free market access
to the EU for the few industries
that exported to Europe — Bac-
ardi’s rum, the crawfish and
fisheries industries, and Poly-
mers International.

The Bahamas’ total exports
to Europe, when last measured

in 2004, totalled around $66 mil-
lion, with the balance of trade a
positive $20 million that was
weighted in this nation’s favour.

Yet Mr Wong said that with
Bacardi set to exit manufactur-
ing from this nation in 2009, the
Bahamas was essentially pro-
tecting just one export industry
— crawfish.

Another industry head to
express concern over the EPA
is Bahamas Bar Association
president Wayne Munroe, who
told Tribune Business in an ear-
lier interview that he and his
members were concerned about
“the entire basis” upon which
the Government could justify
the agreement’s signing and
“enter into such a paradigm
shift in our trading relation-
ships”.

In meetings with the Ministry
of Finance and the Bahamas
Trade Commission, Mr Munroe

said Bar members had asked
for the production of data and
statistics showing how signing
the EPA would benefit the
Bahamian economy.

When this was not forthcom-
ing, discussions had been unable
to proceed past first base and
on to what the draft services
offer had in mind for the legal
services professions.

A government document on
the Bahamas’ draft services
offer, which has been seen by
Tribune Business, said this
nation would be ‘unbound’ —
meaning it would not open up
to EU law firms — in legal doc-
umentation and certification.

When it came to EU law
firms setting up in the Bahamas
to provide legal services in their
home country’s law, this nation
was also ‘unbound’ apart from
joint ventures with Bahamian
firms until 2018.

NOTICE

IN. THE ESTATE OF ANNETTE
CLEMENTINE RUSSELL fate © of
Harmony Hill, Villiage Road in the Estern
District] of the Island of New Providence
one of the Islands of the Commonwealth
of the Bahamas, deceased.

NOTICE is hereby given that all persons having claim
or demand against the above Estate are required to send
the same duly certified in writing to the Undersigned on
or before the 4th September, 2008, after which date
the Executor will proceed to distribute the assets having
regard only to the claims of which he shall then have had

notice.

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

HIGGS & JOHNSON

Chambers
Ocean Centre

.Montagu Foreshore

East Bay Street
P.O. Box N-3247
Nassau, Bahamas

Attorneys for the Executor



n EPA treaty

Mr Munroe, though, said the
Bar Association only regulated
attorneys who appeared before
the Bahamian courts. If a for-
eign associate joined a
Bahamas-based law firm to pro-
vide legal services and advice
on their home country law, the
only requirement was that they
be registered and associated

with that firm.



Similarly, if a foreign bank
such as UBS wanted to bring in
an in-house attorney to advise
on Swiss law, Mr Munroe said
the only requirement was for
that person to have a valid
Department of Immigration
work permit.

“When we looked at the
[EPA services offer] schedule,
we got the clear impression that

NETWORK

BAHAMAS

oe

Secmamcnanninll tS

the person that put it together
did not have a grasp on what
the legal landscape was,” Mr
Munroe added.

He said the Bar’s main con-
cerns with the EPA were that it
was unable to properly evalu-
ate the proposed agreement
unless it was told “completely
and upfront what is being pro-.
posed”.

THE BROADCASTING
CORPORATION OF THE BAHAMAS |

is seeking suitably qualified company to provide

AIR-CONDITIONING
MAINTENANCE SERVICES

for its three (3) plants located in New Providence.

Interested parties should contact Mrs. Sharnett |
Ferguson, Executive Assistant to the Sr. Deputy General.
Manager at (242) 502-3941 between the hours of 9
a.m. - 5 p.m., Monday to Friday, to collect a copy of
the tender documents from our headquarters located:
on Harcourt (Rusty) Bethel Drive, formerly 3rd Terrace,
Centreville, Nassau. |

Bids must be returned in a sealed envelope to Mrs..
Ferguson no later than Friday, August 15, 2008.:



Nassau Airport

Development Company

‘Communicatio

The Nassau Airport Development Company (NAD) is looking for a highly creative
individual to become a part of our Marketing Team.

Reporting to the V.R Marketing, the Communications Manager is responsible for
overseeing the development and maintenance of communication and marketing
materials. Within the company, the Manager will maintain the day to day
communication functions for NAD staff including production of the company’s
newsletter, and web-site maintenance and updates as well as the development
of collateral and promotional items. The ideal candidate uses creative abilities to
develop concepts while working along with the marketing analyst on presentations
and reports.

Externally, the candidate will work with a public relations firm on print, radio and
television advertising.

The Manager will have a degree in Marketing or Public Relations with at least 3
years related experience in a similar position and be proficient with Microsoft
Office software including Excel, Word amd Power Point. Strong communication,
interpersonal, written, and presentation skills are a must.

Familiarity with graphic design would be a definite asset.

The position offers competitive compensation and benefits with opportunities for career
growth and development.

lf you are interested in joining our dynamic team,
please submit your resume by August 08, 2008 to:

Manager, People

Nassau Airport Development Co.
PO Box AP59229

Nassau, Bahamas

Only;those applicants short listed will be contacted.

Supervisor, People

Nassau Airport Development Company is looking for a dynamic and energetic self-
starter to take the lead in conceiving and implementing innovative programs for the
employees of NAD. The Supervisor will play a key role in envisioning and imagining
new ways for NAD employees to work together. The successful candidate will enjoy
freedom to develop leading edge programs and provide support in the management
of human resource functions such as recruitment, employee communications and
Staff events.

You are a creative and organized individual with excellent written and oral communication
skills and have enjoyed an employment history of increasing responsibilities in a
Human Resources environment, including staff supervision.

The ideal candidate will be able to multi-task in a fast paced environment, take initiative
and exercise sound judgment when handling confidential and sensitive issues and will
have at least 3 years related experience. A degree in Human Resources Management
or Business Administration would be a definite asset.

The position offers competitive compensation and benefits with opportunities for career growth
and development.

If you are interested in joining our dynamic team,
please submit your resume by August 08, 2008 to:

Manager, People
Nassau Airport Development Co.
PO Box AP59229
Nassau, Bahamas

Only those applicants short listed will be contacted.


~

Cc



OL \LLE

Visit our website at www.cob.edu.bs





IMPORTANT DATES

Fall Semester 2008

New Student Orientation

Orientation & Parent’s Day

* Wednesday, 20th August, 2008

* 42:00 noon - 3:00 p.m.
« Advisement

' Wednesday, 20th August, 2008

- 3:00 p.m. - 7:00 p.m.

‘ Advisement, Registration & Bill Payment.
Thursday, 21st August, 2008 and Friday 22nd August, 2008

9:00 a.m. - 7:00 p.m.
Venue: COB Band Shell

The College of The Bahamas will be closed on Monday, 18th August, 2008 due to
' its staff and faculty seminar. College will resume business on Tuesday, 19th

August, 2008 at 9:00 a.m.

CULINARY & HOSPITALITY MANAGEMENT INSTITUTE

INDUSTRY TRAINING DEPARTMENT

PERSONAL DEVELOPMENT COURSES — FALL SEMESTER 042008 (SESSIONS 02)

SESSION 1







PAGE 8B, TUESDAY, AUGUST 5, 2008

THE TRIBUNE



Entrepreneur targets
500k profit in
seven years

FROM page 1B

lined in this plan are based on
144 service calls per month,”
the business plan read. “This
represents a very modest 7 per
cent of the estimated industry
average of 2,000 service calls
per month.

“This highlights a tremendous
opportunity for growth as the
company develops over the
coming years. The company
expects to capture a 10-15 per
cent market share within the
next three to five years.”

Total monthly revenue at the
start-up stage was projected at

istry of Works, Ministry of
Environmental Health and
BEC, plus private sector oper-
ators such as Cable Bahamas,
Bahamas Hot Mix and Tropi-
cal Shipping.

Mr Duncombe previously
told Tribune Business that the
Bahamas Hydraulics proposal
was submitted to the Bahamas
Entrepreneurial Venture Fund
in 2007, but was rejected by the
fund’s Board without any rea-
sons or explanation being given.

“We were only asking the
venture capital fund to loan us
$68,000, as were providing

up to $100,000 in debt funding —
without any equity or collateral.

“We submitted a proposal
that was well-researched, and
had been vetted by two of the
leading institutions in the
Bahamas — FirstCaribbean and
Commonwealth Bank. The only
thing that stopped us from
obtaining the loan from them
was their demand for collateral.
They were saying it’s an excel-
lent idea, and believed it could
work.”

Yet when the plan was pre-
sented to the Bahamas Entre-

‘ preneurial Venture Fund’s



























COURSE ae TUITION $23,131, with 5 percent annual $17,000 — injecting 20 per cent Board, “they rejected it with-
“WY gape eee oe oe eee aN ENE. ee growth forecast. of the equity — ourselves,” Mr _ out even giving us a satisfactory
| Cuisine i Sept. 4 | Oct.9 | 6weeks _| Thursda 9:00pm _| $375.00 | MK The Bahamas Hydraulics Duncombe said. _ reason why. They gave us noth-
i fers be, See business plan said it had “One of the things, accord- ing other than the fund could
' Gourmet COOK 6:00 - received support from govern- _ing to their website, is ifthe idea not provide funding for the pro-
Cooking | 1 | 823 6 week Mond 9:00 380.00 _| MK mPP ae ae ; : ae . P
| cee eoce p wees ones 00pm. | __ $380. ment agencies such as the Min- _is excellent, they will provide —_ject, and good luck”.
| Cooking I 1 $465.00 | MK “We a the poet ”
| ea ee ; . per cent more researched an
Cake & Pastry COOK a aa . better done than what they
(paint Lal Loe 2 facta [ome arn [iain | sina THE GARDEN RESTURANT | svesossheiratsis nd
Making | 4 ede api ocr «| Tues/Thurs. $325.00 | PK lot of work has gone into it in
ene ee ee eee ed DOWDSWELL ST., BETWEEN CHRISTIE & ARMSTRONG STS. ae of Erie, Pied Dun-
COOK 6:00 - : combe told Tribune Business.
Bread Making | | 810 Sept. 4 Oct. 9 6 weeks Thursda 9:00pm SUNDAY - FRIDAY: 7AM - 4 PM Jerome Gomez, the Bahamas
eae pcan ll Tel. 356-0907 Entrepreneurial Venture
Decorating | 1| 817 | Sept.1 | Oct.1 | Sweeks | Mon/Wed. _| 9:00pm Fabia. re DINE IN/TAKE OUT itl oan replied:
Cake COOK 6:00 - “ Decorating Il 1 | 818 Sept.1__| Oct. 1 | Sweeks Mon/Wed. 9:00pm_| $375.00 | PK BREAKFAST FROM $1.50 who Sbaitel proposals all say
Deadline for snplications August 15, 2008 at 4:00 p.m. LUNCH FROM $5.00 that, but today we have only




funded 46 businesses.
“The Board determines those

CENTRE FOR CONTINUING EDUCATION AND EXTENSION SERVICES Bee ee ed he
. PERSONAL DEVELOPMENT - FALL SEMESTER 042008 not to fund. The venture capital

| fund Board does not give a rea-
fat son why they reject business

Serving Native and Vegetarian Dishes
STREET PARKING NOW AVAILABLE

























fee NO NO. DESCRIPTION ___|_TIME. {START | DUR | FEE N OTI Cc E plans. We find that opens up
ACCOUNTING too much debate, and we can
| 6:00pm - tees NOTICE is hereby given that ROSE MARIE DAVIS of spend three days, a week,
| ACCAS00 01__| ACCOUNTING FOR BEGINNERS |__| 8:00pm Thurs 23-Se $250.00 P.O. BOX AB-20410,.MARSH HARBOUR, ABACO, debating with the applicant.
If BAHAMAS, is applying to the Minister responsible for “You can imagine the num-
I /AOCAEO nunc Olan] ABCOUNTING £OR BEGINNERS... 8:00pmn_| Mon/Wed__|_22-Se wt pelea Nationality and Citizenship, for registration/naturalization ber of business plans we get. If
» | accasa2 Gu: SaGBoUNG POR BEGINNERS Ca. chided. ccoaeee: sann.0| 00 as a citizen of The Bahamas, and that any person who we take time to explain every
C eens eT CA knows any reason why registration/ naturalization should detail to every applicant, we
|; | BUSINESS | not be granted, should send a written and signed statement would not be able to assess
eT ~~ p ee ee = of the facts within twenty-eight days from the 26th day of these plans any more. It’s just
|, Busigoo 01 _| CREDIT & COLLECTIONS | 6:00pm-8:00pm_| Thurs 25-Se $225.00 JULY .2008 to the Minister responsible for Nationality like some banks. They only tell
| and Citizenship, P.O.Box N- 7147, Nassau, Bahamas. you they can’t finance your
i [Bust . at 04 CREDIT & COLLECTIONS fh §:00pm-8:00pm_| Tues 23- staae | basen 00 plans.”
21-1 SUPERIOR CUSTOMER SERVICE ae
“| cust900 fot. ws 9:30ama 30pm | Thurs || x tae $170:00. te

6:00pm-9:00pm



INTRODUCTION TO BUSINESS |



BUSI904



iTsm900 st 01 _| TIME & STRESS MANAGEMENT





ase aca lai
412
16-Sep | wks | $450.00

- [COMPUTERS |




























































| COMP901 01 COMPUTER APPLICATIONS |
_comect 02 COMPUTER APPLICATIONS | 15-Sep 2 fase
COMP902 01 COMPUTER APPLICATIONS II 19-Sep
| | COMP 941 O1__| QUICKBOOKS
| cou MPSS _ S01. PC UPGRADE AND REPAIR. m-7:30pm_| Mon/Wed | 15:Sep_ = $500.00 PUBLI C N OTI CE
| COMP930 01 WEB PAGE DESIGN | WIS Thurs/Fri 16-Oct - s_ | $550.00
[4
| COMP931 01._| WEB PAGE DESIGN Il WiS $650.00
L iesoneroroou =| CALL FOR APPLICATIONS
i ee
bsnl oe Oa ee ae Pare ae SPECTRUM FOR BROADBAND WIRELESS ACCESS SERVICES
|| | cosmao4 01 MANICURE 4 PEDICURE 6-Oct__| wks sees
| cosmos Ot SCULPTURED Nas The Public Utilities Commission (PUC) hereby invites expressions
| DECORATING _ Se ee ee ee : a : se of interest from licensed Internet Service Providers (ISPs)
| DECOR. ot INTERIOR DECORATING |. Tues___|_7-Oet_{_wks_| $226.09 for spectrum in the 1.7, 2.1 and 2.3 GHz bands to provide
oo 01 _| INTERIOR DECORATING I ws Broadband Wireless Access (BWA) for last mile Internet service
SE BROBAL DESIG A applications. Allocations will be in 5 MHz blocks at a price
Lfomeor fot FLORAL DESIGN of $3,000 per annum. Those ISPs with exclustve last mile
| i facilities would be prohibited from applying for BWA spectrum.
ENGLISH
| | ENG 200 EEEECTIVE WRITING SLES Section 6(4) of the Telecommunications Act, 1999 requires

















the PUC to act in a timely, transparent, objective and
non-discriminatory manner and consistent with the objectives

of the Act.

MANAGEMENT




HUMAN RESOURCE MANAGEMENT




SEWING &
LCRAPT














| Additional information can be obtained from the PUC’s office located
| at 4th Terrace East, Collins Avenue or downloaded from the PUC’s
website at www.pucbahamas.gov.bs. All expressions of interest

SEW 800 BASIC OF FREEHAND CUTTING |



6:00pm-9:00pm











SEW 800



BASIC OF FREEHAND CUTTING I] 6:00pm-9:00pm_| We

10:00am-

































































_ SEW 804 BEDROOM DECORATING 1:00pm _ : ; :
: should be submitted by August 8, 2008 via post, hand delivery,
LSEW805 | 01_| DRAPERYMAKING! | 6:00pm-9:00pm | Tues | 23-Sep | wks | $225,0¢ ee
facsimile or e-mail to:
i; CRA900 JEWELRY MAKING 6:00pm-8:00 m
| MEDICAL
| Anthony Rolle
| MEDT900 MEDICAL TERMINOLOGY 6:00pm-9:00pm $225.00 n
Chairman
\ HEALTH AND .
| EuNess___ rr ae Public Utilities Commission
MASG300 MASSAGE THERAPY ESSENTIALS | 6:00pm-9:00pm wks $465.00
‘ P.O. Box N-4860
MASG901 MASSAGE THERAPY ESSENTIALS I! 6:00pm-9:00pm wks | $620.00





Fourth Terrace East
Collins Avenue

















| BWAX3900 _| BODY WAXING 9:30am-4:30pm_| Tues/Wed_ | 21-Sep | day $300.00























6:00pm- 8 |
DANC900 BAHAMIAN FOLKLORE AND DANCE | 8:30pm Tues _16-Sep wks | $275.00 Nassau, Bahamas
6:00pm- 8 ° ‘>—
_DANC901_ leo _| BALLROOM DANCING _ | 8:30pm | Wed si 17-Sep | wks | $275.00. Fax: 242 323 7288



Email: info@pucbahamas.gov.bs.

ENQUIRIES: Contact the Co-ordinator at Tel: (242) 325-5714 / (242) 328-0093 / 328-1936 / 302-4300 ext. 5202 or email persdev@coh.edubs

All fees are included with the exception of the application fee of $40.00 (one time).
CEES reserve the right to change Tuition, Fees, Course Content, Course Schedule and Course Materials.




THE TRIBUNE

BUSINESS

LIK Mee aM meen

FROM page 1B

revise our tax structure in order
to comply with the EPA, and
in anticipation of trading agree-
ments coming in the future with
North America, primarily the
US, our major trading partner,
but also Canada.”

The Government is project-
ing that it will earn $234 mil-
lion in revenues from the Excise
Tax during its 2007-2008 fiscal
year. Prime Minister Hubert
Ingraham said the tariff line
items to be placed under the
new tax were luxury goods, such
as perfumes, alcohol and tobac-
co, plus the high-value revenue
earners such as vehicles and
petroleum.

Mr Ingraham said these items
were treated as ‘excises’ by
international practice, but the
rate of taxation would not
change, as they would be taxed
by the sum of their current
import and Stamp Duty rates.

The Prime Minister said:
“The purpose of this exercise is
to follow international practice,
and also to remove these taxes
from any reduction exercise

finance James Smith, who ear-
lier this year told Tribune Busi-
ness that the Excise Tax was “a
tariff by another name”.

The BECon president said it
was “inevitable for us to be
part” of the WTO and free
trade agreement such as the
EPA, adding that while many
industries in this nation were
already integrated into the glob-
al economy, the rules and regu-
lations determining how trade
was conducted would be a new
experience for all.

“What’s new to us is the rules
and regulations that go with that
trade,” Mr Nutt said. “These
are the things that we have to
look at. |

“While we may be going in
[to the EPA] with the status
quo policies we have now, over
time there will probably have
to be more liberalization done
in some areas. There will prob-
ably be more liberalization
required as part of the EPA.”

The BECon president indi-
cated that the Bahamas’
involvement in the EPA
appeared to be a ‘done deal’,
with this nation’s signing on
August 30 likely to be a for-
mality because it had already

“Are we ready for it? No, we
have a lot of preparatory work
to do,” Mr Nutt said. “We have
a lot of things to be accom-
plished, and the EPA is going to
force us to get a lot of things
done on timelines set out in the
agreement as to when things
have to happen.

“That’s going to put pressure

on the Government to come up
with the legislation as needed.”

Mr Nutt added that the Gov-
ernment ran and regulated
much of the Bahamian econo-
my via policy, not law. These
policies now needed to become
law, as rules-based trading
regimes could only be applied
to statute laws.

LEGAL NOTICE
STENMANN ASSOCIATES LTD

Bahamas International Business Companies Act
(No.45 of 2000)

In Voluntary Liquidation

Notice is hereby given that in accordance with Section 138 (4) of the
Bahamas International Business Companies Act, (No. 45 of 2000),
STENMANN ASSOCIATES LTD. is in dissolution. PANAMERI-
CAN MANAGEMENT SERVICES (BAHAMAS) LTD. is the
Liquidator and can be contacted at Marlborough & Queen Streets,
PO. Box N-10429, Nassau, Bahamas. All persons having claims
against the above-named company are required to send their names
addresses and particulars of their debts or claims to the Liquidator

before 29th August, 2008.

TUESDAY, AUGUST 5, 2008, PAGE 9B




GCOMMONWEALTH OF THE BAHAMAS

IN THE SUPREME COURT OOB8/CLE/gon/
SUPREME CO!
Equtty Sida a eat
BETWEEN
: c
First Plain

CBS MANAGEMENT COMPANY LTO
, Second Plaintift
AND
ARLINGTON EDGECOMBE
First Defendant

CORAL CREEK INVESTMENT FUND
Second Defendant

RIT OF SUMMONS

ELIZABETH THE SECOND, by tho Grace of God, Queen of the
Gommonwealtt of the Bahamas and of her other realms and territories, Mead of

the Commonwealth.

TQ; Arlington Edgqucombe
Elsonhawer Close, Winton Heights
P.O, Box CR-56786
Nasasu, The Bahamas

TO: Goral Creek Investment Fund
Elsenhower Close Winton Hoights
P.O. Box CR-36766
Naagau, The Bahamas

WE COMMAND YOU that within Fourteen (14) days after survice of this

writ on you, inclusive of the day of such service. you do cause an appearance to
be entered fe you in an action at the suit of Gonville Brown and CSB
Managoemont Company Ltd., #72 Cailins Avenus, P.O. Box N-6296, Nassau,

Bahamas address fur service is Messis. Halsoury Chambers, Halsbury

Commercial Centre, Village Road North, P. O. Box CR-56766, Suile 548 Magseu,

The Bahamas, Attornsys for the Plaintiffs.

*
Asid take notes thin in etait Ining the Plaintit cay gemeved thorale,



AOS fUGOIEAL Cray De yoren
WITMESSE, the Honsucatde Susti Shr Parton acl Oor OFF bounce of thie
Sonsnonwecistn oF te Bohuross due A" day of Egeemey, A... tr the your of
Ovr Lord Two Thousand and Eight VN Che,

REGISTRAR

NLR. ~ This Wirt oy cot be sect more tnan 312 colendar cvontbs after ihe
above dates uninss renewed by Ordst of We Court,

DIRECTIONS FOR ENTERING APPEARANCE

The detasdant may enter appearance personally or By aitemtey sither by basdding
In The atgropriany forms, duly Complated, at the Ragisiry of we: Supremes Court.
Public Square, in the City at Naazau in the Inland of Now Poavitencn, o¢ tw
sonding there ip that olfice by pont.

STATEMENT OF CLAIM
4. The Fuat Plainté is and wos at al matadal times a procticng
physiclan ant cordictogsst in the Conynoawnalth of the Babomus
40d Whe Second Piaintff is a cormpeny mecorperated under the
Companies Act, Chapter 268 of the Statue Laws of The Gabomas

aod carrying on business 10 the aforesuid Commonwealth.

2. At alt smatariat times the First Dofengant is ond was the Mrasident



Gets h kb

jc ete pees Ni
PANAMERICAN MANAGEMENT ’ was st ali matortal tines an investment company b
SERVICES (BAHAMAS) LTD. .

Liquidator 3 ‘3; AL al! materiad times the FYsintitis were approactead by the

committed itself to preserving
duty-free market atcess to the
EU for industries such as fish-
eries and Polymers Interna-
tional.

which might be necessary as a
result of admission into the
World Trade Organisation.”
Yet Mr Nutt was backed by
former minister of state for

and CEO of the Second Defundsnt. The Second Refandant is and

Defendants to act ag an tovastment Cansultant (o tog assint with an



investment scheme to ratso capita! in the amount of US$18.4
Mittion.

’

On or about the 6” August, A.O., 2007, the First Dofendant wrote

LEGAL NOTICE 4

NOTICE
MALC LEASE TEN LIMITED

LEGAL NOTICE

NOTICE
MALC LEASE NINE LIMITED

the Plaintiff's, Business Consultant to outline the terms of fts sarvice:

to the Plaintitfs, inter alia, the following:~

(a) We wilt conpile fran information suppied to us by you, ~
2 complete and comprehensive Package of Your
Financing appitcation for presentation to our fnvestors
fo raise eapttat in the amaunt of US$18.7 Million.

(e) Upon completion of the package, we will meat with you



(In Voluntary Liquidation) (In Voluntary Liquidation)

fo review it in its antirety, to enaure that you are pleased
with # and that the facts contained therein are trua and

correct aod in accordance with the information you

Notice is hereby given that the above-named Company is
in dissolution, commencing the 24th day of April 2008.
Creditors having debts or claims against the Company are
required to send particulars to Craig A. (Tony) Gomez,
Liquidator of the said company at the office of Baker Tilly
Gomez at The Deanery, 28 Cumberland Street, P.O. Box
N-1991, Nassau, Bahamas. In default thereof they will be
excluded from the benefit of any distribution made by the
Liquidator.

Notice is hereby given that the above-named Company is
in dissolution, commencing the 24th day of April 2008.
Creditors having debts or claims against the Company are
required to send particulars to Craig A. (Tony) Gomez,
Liquidator of the said company at the office of Baker Tilly fe, Mintel rot hee ie Nitentarh Oh Your Gabel apd Wl
Gomez at The Deanery, 28 Cumberland Street, P.O. Box eee eee ee
N-1991, Nassau, Bahamas. In default thereof they will be

excluded from the benefit of any distribution made by the .

. Liquidator.

supplied, Al
{c} We wif be responsible for the preperation of alt Fs
documans with regard to the fnancing aad wilt pay aif

legal and other retated costs assocleted therawith.

possibia. We will update you on an ongolog basis, ax to
the progress of te financing process ent will advise
you of any problems and or queries that may arise snd
will wart along with you to address them,

(o} Once the financing package Is reviewed by the tnvestors

Dated the 1“ day of July 2008

and they are satisfied that they will, be Interested in

Dated the 1" day of July 2008

. providines financing, 2 letter of intent wiil be issued. At
Craig A. (Tony) Gomez :
~“Biquidator

the Ume the fetter is Issued, any further questions or

SATAN 2S

Craig A. (Tony) Gomez
Liquidator

querics that the investor may Reve at that time, will be

raised and a time frame given in which answers are (o i

be received, 5
(0 Once the ems aro addressed and the investors are

satisfied, @ term shset will then be tssued, outlining the

LEGAL NOTICE

NOTICE
MALC LEASE EIGHT LIMITED

LEGAL NOTICE

NOTICE
MALC LEASE SIX LIMITED

final teoms and canditiona for the financing.

(@ When ali of the preliminary work ts completed and the
terms and conditions have heen agreed to, a final
conunitmont for financing will ba tssued. Wo will meet
with you to complote the final due diligence end agree

on @ date and lacation for closing.

Tho Fiaintits intend te produce the sant Engagemunt Letter af Trial for tts

(In Voluntary Liquidation) (In Voluntary Liquidation)

full forms and effect
§. By an agreement dated the 6” day af August, A.D., 2007 and made

Notice is hereby given that the above-named Company is
in dissolution, commencing the 24th day of April 2008.
Creditors having debts or claims against the Company are
required to send particulars to Craig A. (Tony) Gomez,
Liquidator of the said company at the office of Baker Tilly

Notice is hereby given that the above-named Company is
in dissolution, commencing the’ 24th day of April 2008.
Creditors having debts or claims against the Company are
required to send particulars to Craig A. (Tony) Gomez,
Liquidator of the said company at the office of Baker Tilly

cE)

between the Flaintiis ond the Uefendants, the First Plaintiff and
Firat Defendant ontored iio a Non-Circumvention, Non-Disclosure

end Working Agresmert

PURSE

The Plaintiffs intend te produce the said Agreement at Teal for its full terms

Gomez at The Deanery, 28 Cumberland Street, P.O. Box Gomez at The Deanery, 28 Cumberland Street, P.O. Box oe ella ete asc ca :
N-1991, Nassau, Bahamas. In default thereof they will be N-1991, Nassau, Bahamas. In default thereof they will be Augual, 2007, made between the First: Plaintt€ and tes a 4

excluded from the benefit of any distribution made by the
Liquidator.

excluded from the benefit of any distribution made by the
Liquidator.

Defendant, the First Defendant acknowledged receipt of the cum of
$7,500.00 (hersinufter caiigd “ihe said sunt’) paid by the Plaintiffs

, to the First Defendant and agreed tu return lo the said sum to the

Dated the 1" day of July 2008 Dated the 1* day of July 2008

Pilaintiffs should the Defendants be unsuccessiul in providing the

funding of Two Million.

Craig A. (Tony) Gomez
Liquidator

Craig A. (Tony) Gomez s
Liquidator

By a seccud Conditionat Retainer Refund Agreement dated the 28°
day of August 2007 made between the First Plaintitt and the First
Defendant, the First Defendant further acknowledges receipt of an —
additional sum of $7,500.00 paid by the Plaintitfs ta the Fics!
Defendant.

FG CAPITAL MARKETS

BROKERAGE & ADVISORY SERVICES The Platndfis intand to proddce the seid Agresments al iria! for their fult

I
H
Bi
i
sl

terms and effect.
8. On or about the 16" and the 28" day of August, A.D., 2007, the

Cc FA L”

Plaintiffe paid to the Oefendants the sums of $7,500.00,
respectively for its services to he done pursuant to paragraph 4,

2. No part of the said service or warks has been carried out of dane.
10. By reason of the facts and matters hereinbefara set oul |.
52wk-Hi 52wk-Low paragraph 4 the said sums have not been repaid to the Plaintiffs
Abaco Markets
Bahamas Property Fund
Bank of Bahamas
Benchmark

Bahamas Waste
Fidelity Bank

Cable Bahamas : : . .

Colina Holdings . 12
Commonwealth Bank (S1)

Consolidated Water BDRs

Doctor's Hospital

Famguard

Finco

FirstCaribbean Bank

Focol (S)

Focol Class B Preference

Freeport Concrete : 7 . - A

ICD Utilities an
J. S. Johnson

Pi

wholly or in part.

11, In the premises the Defendants became and are fiable to copay the

aggregate sum of $15,000.00 to the Plaintiffs.

Despite written request from the Plaintif and thew Attomeys.
Messrs. Halstury Chambe . dated ag follows, tho J" day of
January, A.D., 2008 and the 29", 26", 23" and 21°" November,
A.b.,2007, respectively, the Defendants have wrongfully refused
and neglected to repay the said sum of $15,000.00 or any suns.
By reason of the aforesald the Plaintiffs claim the saw sum of
$15,000.00 from the First and Secand Defendants *
Bet BOG Low 14. Further the Plaintiffs claim interest pursuant to the Civil

Bahamas Supermarkets

4 9 a : ay-be
Caribbean Crossings (Pref) Procedure(Award) Interest Act, 1992 on all such sums as may be

found due to the Plaintiffs al the rate of & per cent per annum from

ie SOUN
ABDAB 43.00 29" November, A.D, 2007 the date of demand or alternatively at
Bahamas Supermarkets 15.60
0.55 . such rate and far such period as the Court thinks tt.

ee SX Listed Mutual Funda Hs
S2wk-Low Fund Name NAV YTO% Last 12 Months
1.2576 Colina Bond Fund : 1.323145*°* 2.41% 5.21%
2.7399 Colina MSI Preferred Fund 2.990639°"* -0.34% 9.15% (i)
1.3467 Colina Money Market Fund a 1.96% 4.23%
3.3971 Fidelity Bahamas G & | Fund : -5.17% 9.38%
11.7116 Fidelity Prime Income Fund 12.2702*** 2.82% 5.73%
100.0000 CFAL Global Bond Fund 100.00°* (it) loterest; and
98.2100 CFAL Global Equity Fund 99.956603" -0.04% -0.04%
1.0000 CFAL High Grade Bond Fund 1.00°* (il) Further other retief the Court thinks just; and
9.5611 Fidelity International Investment Fund 9.5611°** -8.94% -B8.94%
1.0000 FG Financial Preferred Income Fund 1.0110°"* 1.10% 1.10% (lv) Costs.
1.0000 FG Financial Growth Fund : 0.62% 0.62%
FG Fin jal Diversified Fund J 0.98% 0.98%

AND the Plaintiff claims:
the sum of $15,000.G0 ay set out in paragraph 11 herein

tagether with interest thereon as set oul in paragraph 14 herein





| March 2008
-31 December 2007 £4 BF steteenet re WETS Te eTe cease feeeer sec reee rece
30 June 2008 HALSBURY CHAMBERS
31 Apel 2008 HALSBURY GOMMERCIAL CENTRE
Weekly Vol. - Trading volume of the prior week ttt - 27 June 2008 VILLAGE ROAD, NORTH
EPS $ - A company's reported earnings per share for the last 12 mths NASSAU, THE SAHAMAS
NAV - Net Asset Value
N/M - Not Meaningful
FINOEX - The Fidelity Bahamas Stock Index. January 1, 1994 = 100

YIELD - last 12 month dividends divided
S2wk-Hi - Highest closing price in last 52 weeks Bid $ - Buying price of Colina and Fidelity
S52wk-Low - Lowest closing price In last 52 weeks Ask § - Selling price of Colina and fidality
Previous Close - Previous day's weighted price for daily volume Last Price - Last traded over-the-counter price
Today's Close - Current day's weighted price for daily volume
Change - Change in closing price from day to day
Daily'Vol. - Number of total shares traded today
DIV $ - Dividends per share paid in the last 12 months
P/E - Closing price divided by the last 1? month earnings



ATTORNEYS FOR THE PLAINTIFF

This wit was fesued by HALSBURY CHAMBERS whase wddiess for service is
alshbury Commercial Ceutre, Villece Road. North, P.O. Bex CR-SO766 Suite HSAR,
Naagan, Vie Rahonvis, Storr y 1 for es Piapo est N

’*) ~ A-for-1 Stock Split - Effective Date 8/8/2007

(S31) - 3-for-1 Stock Spit - Effective Date 7/11/2007

% “FO TRADE GALLE OLA Baa Kb a F016 PFI
iis cE Re Oe NSE





V BAS dis 7 76H (RO CARIT AL i arudiirs ou 2-306-A000 | FOR MORE BATAS INBORMATION COLE Die fhe 2595




PAGE 10B, TUESDAY, AUGUST 5, 2008

GN-722



COURT

COMMONWEALTH OF THE BAHAMAS :
THE SUPREME COURT :

PROBATE DIVISION :

7TH AUGUST, 2008 :

PROBATE DIVISION

No. 2008/PRO/npr/00345

Whereas JANE BAIN, of Sandy Point, Abaco,
one of the Islands of the Commonwealth of The :
Bahamas, has made application to the Supreme :
Court of The Bahamas, for letters of administration :
of the Real and Personal Estate of TERRY JANE :
BAIN, late of Infinity Drive, Eastern District, New :
the Islands of the :
Commonwealth of The Bahamas, deceased. :

Providence, one of

Notice is hereby given that such applications will
be heard by the said Court at the expiration of 14 :

days from the date hereof.

Desiree Robinson
(for) Registrar

COMMONWEALTH OF THE BAHAMAS :
THE SUPREME COURT :

-’ PROBATE DIVISION :

7TH AUGUST, 2008 :

No. 2008/PRO/npr/00420

COMMONWEALTH OF THE BAHAMAS :
THE SUPREME COURT :

PROBATE DIVISION :
7TH AUGUST, 2008 :
: The Personal Representative, in the above estate

: granted to DAVID C. DAMBRUN, the Personal

2 No. 2008/PRO/NPR/00436

| days from the date hereof.

Desiree Robinson
(for) Registrar

i 7TH AUGUST, 2008

Whereas HENDERSON BULLEN, of Cable Beach, |
Western District, New Providence, and LUCILLE :
BULLEN, of Garden Hills, Southern District, New :

Providence one of the

Islands of the :

Commonwealth of The Bahamas, Attorneys by :
Deed of Power of Attorney for Marcia Priscilla :
Bullen, the mother, has made application to the :
Supreme Court of The Bahamas, for letters of :
administration of the Real and Personal Estate of :
ALBERT BULLEN, late of #35 Berkley Street, :
Ridgeland Park, New Provideéfice, one of the :
Islands of the Commonwealth of The Bahamas, :

deceased.

Notice is hereby given that such applications will
be heard by the said Court at the expiration of 14 |

days from the date hereof.

Desiree Robinson
(for) Registrar



i Providence, one of the Islands of the :
: Commonwealth of The Bahamas, Attorney-At- :
i Law, the Authorized Attorney in The Bahamas for :
: obtaining the Resealing of Letters Testamentary, :
i in the above estate granted to MARY BAKER, :
: the Executor of the Estate, of the Surrogate’s Court :
. ! of The State of New York Delaware County, on :
: the 20th day of December, 2004.

COMMONWEALTH OF THE BAHAMAS :

THE SUPREME COURT ':
PROBATE DIVISION ;
7TH AUGUST, 2008 ;

No. 2008/PRO/NPR/00434

Whereas JETHRO L. MILLER of the City of |
Freeport, Grand Bahama, one of the Islands of :

the

ommonwealth of The Bahamas has made :

application to the Supreme Court of The Bahamas, :
for letters of administration with the Will annexed :
of the Real and Personal Estate of ROBERT LEVY :
LAING (a.k.a ROBERT LEVI LAING) late of the :
Settlement of High Rock, Grand Bahama, one of :
the Islands of the Commonwealth of The Bahamas :

deceased.

: NOTICE is hereby given that after the expiration :
of fourteen days from the date hereof, application :

Notice is hereby given that such applications will
be heard by the said Court at the expiration of 21 :

days from the date hereof.

Desiree Robinson
(for) Registrar

COMMONWEALTH OFTHE BAHAMAS
THE SUPREME COURT :
PROBATE DIVISION :

No. 2008/PRO/NPR/00435

~ 7TH AUGUST, 2008 :

Whereas JETHRO L, MILLER of the City of |
Freeport, Grand Bahama, one of the Islands of :

the

ommonwealth of The Bahamas has made :
application to the Supreme Court of The Bahamas,

for letters of administration with the Will annexed :
of the Real and Personal Estate of HENRY A, :
HEPBURN late of 121 Scott Avenue, Freeport, :
Grand Bahama, one of the Islands of the :
Commonwealth of The Bahamas deceased. :

Notice is hereby given that such applications will

be heard by the said Court at the expiration of 21 :
! NOTICE is hereby given that after the expiration :
: of fourteen days from the date hereof, application :
i will be made to the Supreme Court of The :
: Bahamas in the Probate Division by HARRY :
' BRACTON SANDS, of Western District, New :

days from the date hereof.

Desiree Robinson
(for) Registrar

2008/PRO/NPR/00437

TD 113 RD, Scotland, deceased.

NOTICE is hereby given that after the expiration :
: of fourteen days from the date hereof, application :
will be made to the Supreme Court of The Bahamas :
in the Probate Division by ANTHONY N. :
: KLONARIS AND PAMELA L. KLONARIS, both :
: of Western District, New Providence, one of the :
i Islands of the Commonwealth of The Bahamas, :
: Attorney-At-Law, the Authorized Attorney in The :
: Bahamas for obtaining the Resealing of :
? Confirmation, in the above estate granted to IAN :
: MACDONALD, PATRICIA ELEANOR TREVOR :
i MENZIES AND MIRANDA JANE JENKINSON, :
the Executors of the Estate, of the Jedburgh Sheriff:
Court District, on the 12th day of March, 2008. :
: IN THE ESTATE OF HELEN R. SEGER (a.k.a.
: HELEN RUTH SEGER), late and domiciled of.
: 2971 N.W. 95th Avenue, Coral Springs, in the
: State of Florida, one of the States of the United
: States of America, deceased.

Desiree Robinson
(for) Registrar

PROBATE DIVISION
7TH AUGUST, 2008

2008/PRO/NPR/00438

America, deceased.

Desiree Robinson
(for) Registrar

: PROBATE DIVISION

7TH AUGUST, 2008
2008/PRO/NPR/00439

of America, deceased.

will be made to the Supreme Court of The Bahamas :
: in the Probate Division by EARL A. CASH, of :
: Western District, New Providence, one of the :
: Islands of the Commonwealth of The Bahamas, :
? Attorney-At-Law, the Authorized Attorney in The :
! Bahamas for obtaining the Resealing of Letters of :
: Special Administration, in the above estate granted :
: to LEIGH F. WAGGONER, the Personal ;
: Representative of the Estate, of the state of |
Wisconsin, Circuit Court, Washburn County on :

: IN THE ESTATE OF BETTY FENWICK ROOK,
: late and domiciled of Saint Olaves 86 East Street,
: Fritwell, Oxfordshire, England and Wales, United
: Kingdom, deceased.

the 8th day of September, 2006.

Desiree Robinson
(for) Registrar



PROBATE DIVISION
7TH AUGUST, 2008

2008/PRO/NPR/00440

of America deceased.

THE TRIBUNE

Providence, one of the Islands of the
Commonwealth of The Bahamas, Attorney-At-
Law, the Authorized Attorney in The Bahamas for
obtaining the Resealing of Letters of Authority for

: Representative of the Estate, of the state of
: Whereas PAULA CAREY of the City of Nassau ;

: New Providence one of the Islands of the :
: Commonwealth of The Bahamas has made :
: application to the Supreme Court of The Bahamas, :
: for letters of administration with the Will annexed :
: of the Real and Personal Estate of TERESA :
: RAMSEY late of Petticoat Lane in the Island of :
i New Providence, one of the Islands of the :
: Commonwealth of The Bahamas deceased, :
i 7TH AUGUST, 2008
i Notice is hereby given that such applications will :
i be heard by the said Court at the expiration of 14 |

: INTHE ESTATE OF MYRNA K. CHASE, late and
i domiciled of 25 Old Salem Road, West Orange,
: New Jersey, one of the States of the United States
: of America, deceased.

Michigan, Probate Court, County of Clinton on the
23rd day of April, 2007.

Desiree Robinson
(for) Registrar

PROBATE DIVISION

2008/PRO/NPR/00441

: NOTICE is hereby given that after the expiration
: of fourteen days from the date hereof, application
: will be made to the Supreme Court of The Bahamas
: in the Probate Division by SHANNELLE SMITH,
: of Westem District, New Providence, one of the
: Islands of the Commonwealth of The Bahamas,
IN THE ESTATE OF JOHN MAXWELL MENZIES, :
late and domiciled of Kames, Duns Berwickshire :
: Testamentary, in the above estate granted to

Attomey-At-Law, the Authorized Attomey in The
Bahamas for obtaining the Resealing of Letters

DAVID C. DAMBRUN, the Personal
Representative of the Estate, of the state of New
Jersey, Essex County Surrogate’s Court on the
25th day of June, 2004.

Desiree Robinson
(for) Registrar

PROBATE DIVISION
7TH AUGUST, 2008

2008/PRO/NPRI00442

: NOTICE is hereby given that after the expiration
: of fourteen days from the date hereof, application
: will be made to the Supreme Court of The Bahamas
: in the Probate Division by MICHELLE
: ANTOINETTE HORTON, of Eastern District, New
IN THE ESTATE OF MARTHA F. GORMAN, late :
and domiciled of Davenport in the State of New :
York, one of the States of the United States of
: obtaining the Resealing of Letters Administration,

: in the above estate granted to RUTH COTTRELL-:
NOTICE is hereby given that after the expiration |
of fourteen days from the date hereof, application :
will be made to the Supreme Court of The Bahamas :
in the Probate Division by KENDOLYN V. :
CARTWRIGHT, of Eastern District, New :

Providence, one of the Islands of the
Commonwealth of The Bahamas, Attorney-At-
Law, the Authorized Attorney in The Bahamas for

BAIN, the Personal Representative of the Estate,
in the Circuit Court For Broward County, Florida
on the 17th day of August, 2007.

Desiree Robinson
(for) Registrar

PROBATE DIVISION
7TH AUGUST, 2008

: 2008/PRO/NPR/00443

IN THE ESTATE OF PETER DONALD HAIGH,
: late and domiciled of Valletta Rookwood Road,
: West Wittering Chichester, West Sussex, P020,
: 8LT, United Kingdom, deceased.

: NOTICE is hereby given that after the expiration
: of fourteen days from the date hereof, application
: will be made to the Supreme Court of The Bahamas
in the Probate Division by RAQUEL L. WILSON,
: of Southern District, New Providence, one of the
IN THE ESTATE OF PHYLLIS EILEEN FARLEY, :
late and domiciled of R.2, in the City of Spooner, :
in the County of Washburn, in the State of :
Wisconsin, one of the States of the United States :
: NANCY SOMERVILLE HAIGH, the Executor and
: Trustee of the Estate, in the High Court of Justice,

Islands of the Commonwealth of The Bahamas,
Attorney-At-Law, the Authorized Attorney in The
Bahamas for obtaining the Resealing of Letters
Administration, in the above estate granted to

the District Probate Registry at Leeds on the 22nd
day of December, 2004.

Desiree Robinson
(for) Registrar



PROBATE DIVISION
7TH AUGUST, 2008

2008/PRO/NPR/00444

: NOTICE is hereby given that after the expiration
: of fourteen days from the date hereof, application
: will be made to the Supreme Court of The Bahamas
: in the Probate Division by PETRA M. HANNA-
: WEEKES, of Freeport, Grand Bahama, one of the
: Islands of the Commonwealth of The Bahamas,
IN THE ESTATE OF RICHARD W. DAMBRUN, :
late and domiciled of 702 Fairgrounds No. 720, in :
the City and County of Sacramento in the State :
: of California, one of the States of the United States :
: the Executors and Trustees of the Estate, in the
: High Court of Justice, The Probate Registry of

Attorney-At-Law, the Authorized Attorney in The
Bahamas for obtaining the Resealing of Grant of
Probate, in the above estate granted to HAYDON
BRADSHAW AND MICHAEL LESLIE PAYNE,

Wales on the 17th day of June, 1992.

Desiree Robinson
(for) Registrar


GN-722

THE TRIBUNE



SUP
COURT

PROBATE DIVISION
7TH AUGUST, 2008

2008/PRO/NPR/00445

IN THE ESTATE OF JACK ELMER STENABAUGH,
late and domiciled 379 Falcon Road, Huntsville,

Ontario POA 1KO, deceased.

NOTICE is hereby given that after the expiration of
fourteen days from the date hereof, application will :
be made to the Supreme Court of The Bahamas in }

the Probate Division by PETRA M. HANNA- :

WEEKES, of Freeport, Grand Bahama, one of the :
Islands of the Commonwealth of The Bahamas, :
- Attorney-At-Law, the Authorized Attorney in The :
Bahamas for obtaining the Resealing of Letters of :
Probate, in the above estate granted to BRENDA :
BARBARA STENABAUGH, the Executrix and :
Trustees of the Estate, in the Superior Court of :
Justice, Ontario on the 6th day of October, 1994. :

Desiree Robinson
(for) Registrar

PROBATE DIVISION
7TH AUGUST, 2008

2008/PRO/NPR/00446

_ No. 2008/PRO/npr/00454

Whereas KERMIT MONCEL CAMPBELL, of Soldier :
Road, Southern District, New Providence, one of :
the Islands of the Commonwealth of The Bahamas, :
has made application to the Supreme Court of The :

IN THE ESTATE OF ALBERT MICHAEL MAGUIRE,
late and domiciled of 89 Lower Road Fulwood :
Preston Lancashire, England and Wales, deceased. :

NOTICE is hereby given that after the expiration of :
fourteen days from the date hereof, application will :
be made to the Supreme Court of The Bahamas in :
the Probate Division by PETRA M. HANNA- :
WEEKES, of Freeport, Grand Bahama, one of the :
Islands of the Commonwealth of The Bahamas, :
Attorney-At-Law, the Authorized Attorney in The :

Bahamas for obtaining the Resealing of Letters of :
Probate, in the above estate granted to ANDREW :
ROY JAMESON, the Executor and Trustee of the :

Estate, in the High Court Of Justice, the District ;

ProbateiRegistity at Newcastle Upon Tyne on the |

12th day of July, 2002.

Desiree Robinson
(for) Registrar

COMMONWEALTH OF THE BAHAMAS :
THE SUPREME COURT :

PROBATE DIVISION ;

7TH AUGUST, 2008 :

No. 2008/PRO/npr/00448

Whereas CASTINO SANDS of .Montrose Avenue }
in the Eastern District of the Island of New :
Providence, one of the Islands of the Commonwealth :
of The Bahamas has made application to the :
Supreme Court of The Bahamas, for letters of :
administration with the Will annexed of the Real and :
Personal Estate of FREDERICK ALLERTON :
BOOTH late of San Jose, Monte de Oca, in the ;

Republic of Costa Rica, deceased.

Notice is hereby given that such applications will be
heard by the said Court at the expiration of 14 days :

from the date hereof.

Nicoya Neilly
(for) Registrar

COMMONWEALTH OF THE BAHAMAS :
THE SUPREME COURT :

PROBATE DIVISION :

7TH AUGUST, 2008 ;

No. 2008/PRO/npr/00449

Whereas SHIRLEY MAE COOPER of Yellow Elder :
Gardens in the Island of New Providence, one of }
the Islands of the Commonwealth of The Bahamas :
has made application to the Supreme Court of The :
Bahamas, for letters of administration of the Real :
and Personal Estate of LAWRENCE WHYMS a.k.a. :

LAWRENCE WHYMMS late of Mason Addition in :
the City of Nassau, in the Island of New Providence, :

one of the Islands of the Commonwealth of The

Bahamas, deceased.

Notice is hereby given that such applications will be

heard by the said Court at the expiration of 14 days :

from the date hereof.

Nicoya Neilly
(for) Registrar

COMMONWEALTH OF THE BAHAMAS |
THE SUPREME COURT :

PROBATE DIVISION |

7TH AUGUST, 2008 :

No. 2008/PRO/npr/00452

Whereas CATHERINE OWEN nee MCQUEEN of |
Bahama Shores, Coral Ridge No.4 in the Island of :
Abaco, one of the Islands of the Commonwealth of

The Bahamas has made application to the Supreme :
Court of The Bahamas, for letters of administration :
of the Real and Personal Estate of KENNETH OWEN :
a.k.a. KENNETH LLOYD OWEN late of Bahama :
Shores, Coral Ridge No.4 in the Island of Abaco, :
one of the Islands of the Commonwealth of The :

Bahamas, deceased.

Notice is hereby given that such applications will be
heard by the said Court at the expiration of 21 days

from the date hereof.

Nicoya Neilly
(for) Registrar

COMMONWEALTH OF THE BAHAMAS :
THE SUPREME COURT :

PROBATE DIVISION :

7TH AUGUST, 2008 :

No. 2008/PRO/npr/00453

Whereas GWENDOLYN CLAUDE of No. 64 Drake :
Avenue in the City of Freeport in the Island of Grand :
Bahama, one of the Islands of the Commonwealth :
of The Bahamas has made application to the :
Supreme Court of The Bahamas, for letters of :
administration of the Real and Personal Estate of :
LIVINGSTONE SAUNDERS late of Okra Hill in the :
Island of New Providence, one of the Islands of the :
Commonwealth of The Bahamas, deceased. :

Notice is hereby given that such applications will be
heard by the said Court at the expiration of 14 days :

from the date hereof.

Nicoya Neilly
(for) Registrar



COMMONWEALTH OF THE BAHAMAS :
THE SUPREME COURT
PROBATE DIVISION :
7TH AUGUST, 2008 :

Bahamas, for letters of administration of the Real :
and Personal Estate of MILDRED IRENE :-
CAMPBELL, late of Albury Street Chippingham, :
New Providence, one of the Islands of the :
Commonwealth of The Bahamas, deceased. ;

Notice is hereby given that such applications will be
heard by the said Court at the expiration of 14 days :

from the date hereof.

D. Robinson
(for) Registrar

COMMONWEALTH OF THE BAHAMAS :
THE SUPREME COURT :

PROBATE DIVISION ;

7TH AUGUST, 2008 :

2008/PRO/npr/00455

IN THE ESTATE OF ALICIA A. YANKOVICH, late
of 1616 Carlton, Parma, Cuyahoga County of the ;
State of Ohio, one of the States of the United States :

of America, deceased.

NOTICE is hereby given that after the expiration of :
fourteen days from the date hereof, application will :
be made to the Supreme Court of The Bahamas in :
the Probate Division by MELISSA L. SELVER of
the Western District, New Providence, one of the :
Islands of the Commonwealth of The Bahamas, :
Attorney-At-Law, the Authorized Attorney in The :
Bahamas for obtaining the Resealed Grant of Entry :
Appointing Fiduciary, Letters of Authority in the :
above estate granted to JOSEPH RAYMOND :
YANKOVICH, the Administrator, of the Estate by :
the Probate Court of Cuyahoga County in the State :
of Chio, one of the States of the United States of :
America on the 18th day of May, 2005. :

D. Robinson
(for) Registrar

COMMONWEALTH OF THE BAHAMAS :
THE SUPREME COURT :

PROBATE DIVISION

7TH AUGUST, 2008 ;

No. 2008/PRO/npr/00456

Whereas GIFFORD MARTIN, SR., of the City of :
Freeport, Grand Bahama, one of the Islands of the :
Commonwealth of The Bahamas, has made :
application to the Supreme Court of The Bahamas, :
for letters of administration with the Will annexed of :
the Real and Personal Estate of GIFFORD CORBIT :
MARTIN, JR., late of the City of Freeport, Grand :
Bahama, one of the Islands of the Commonwealth :

of The Bahamas, deceased.

Notice is hereby given that such applications will be
heard by the said Court at the expiration of 21 days :

from the date hereof.

D. Robinson
(for) Registrar

COMMONWEALTH OF THE BAHAMAS |
THE SUPREME COURT :

PROBATE DIVISION |

7TH AUGUST, 2008 |

2008/PRO/npr/00458

deceased.

TUESDAY, AUGUST 5, 2008, PAGE 11B

NOTICE is hereby given that after the expiration of
fourteen days from the date hereof, application will
be made to the Supreme Court of The Bahamas in
the Probate Division by JILLIAN T. CHASE-JONES
of Jacaranda, Western District, New Providence,
one of the Islands of the Commonwealth of The
Bahamas, Attorney-At-Law, the Authorized Attorney
in The Bahamas for obtaining the Resealed Grant
of Letters Testamentary in the above estate granted
to JUDITH LYNN MARTIN a.k.a. JUDITH LYNN
GEISLER and ROBIN ZIMMERMAN, the Co-
Executrixes, of the Estate by the Superior Court,
Chancery Division, Probate Part in Mercer County,
New Jersey one of the States of United States of
America on the 5th day of April, 1999.

D. Robinson
(for) Registrar

COMMONWEALTH OF THE BAHAMAS
THE SUPREME COURT

PROBATE DIVISION

7TH AUGUST, 2008

No. 2008/PRO/npr/00461

Whereas SHIRLEY CLEARE, of Carmichael Road,
Western District, New Providence, one of the Islands
of the Commonwealth of The Bahamas, the Executrix
has made application to the Supreme Court of The
Bahamas, for letters of administration with the Will
annexed of the Real and Personal Estate of HENRY
WILLIAM CLEARE, SR., late of Carmichael Road,-
Western District, New Providence, one of the Islands
of the Commonwealth of The Bahamas, deceased.

Notice is hereby given that such applications will be
heard by the said Court at the expiration of 14 days
from the date hereof.

D. Robinson
(for) Registrar

PROBATE DIVISION
7TH AUGUST, 2008

2008/PRO/NPR/00462

IN THE ESTATE OF VIRGINIA T. BARROW, late
and domiciled of III Woodland Avenue No.202
Lexington Kenturky, one of the States of the United
States of America, deceased.

NOTICE is hereby given that after the expiration of
fourteen days from the date hereof, application will
be made to the Supreme Court of The Bahamas in
the Probate Division by PETER G. FLETCHER, of
the Western District, New Providence one of the
Islands of the Commonwealth of The Bahamas,

Attorney-At-Law,dhe Authorized. Attorney. in The.

a

Bahamas for obtaining the Resealing:of Grant af,

Probate, in the above estate granted to JOHN P.
BARROW JR, the Executor of the Estate, in the
Court of Justice, Court District Probate, Fayette
County in the Commonwealth of Kenturky, on the
61h day of March, 2007.

D. Robinson
(for) Registrar

PROBATE DIVISION
7TH AUGUST, 2008

2008/PRO/N PR/00463

IN THE ESTATE OF MORTON J. CHRISTENSEN,
late and domiciled of 619 10th Street N. Naples,
Florida, one of the, States of the United States of
America, deceased. '

NOTICE is hereby given that after the expiration of
fourteen days from the date hereof, application will
be made to the Supreme Court of The Bahamas in
the Probate Division by W. CHRISTOPHER
GOUTHRO, of The Regent Centre, Freeport, Grand
Bahama one of the Islands of the Commonwealth
of The Bahamas, Attorney-At-Law, the Authorized
Attorney in The Bahamas for obtaining the Resealing
of Letters Administration for Personal Representative,
in the above estate granted to LORI BARKER the
nominated Personal Representative of the Estate,
in the Circuit Court for Collier County, Probate
Division, on the 16th day of January,

2008.

D. Robinson
(for) Registrar

PROBATE DIVISION
2008/PRO/NPR/00464

IN THE ESTATE OF GEOFFREY ARNOLD
LUCKHURST, late and domiciled of the City of
Nairobi in the Republic of Kenya, deceased.

NOTICE is hereby given that after the expiration of
fourteen days from the date hereof, application will
be made to the Supreme Court of The Bahamas in
the Probate Division by W. CHRISTOPHER
GOUTHRO, of The Regent Centre, Freeport, Grand
Bahama one of the Islands of the Commonwealth
of The Bahamas, Attorney-At-Law, the Authorized
Attorney in The Bahamas for obtaining the Resealing
Letters of Probate for Executor, in the above estate
gianted to NIGEL ADRIAN LUCKHURST the sole
Executor of the Estate, in the Royal Court of Jersey,

IN THE ESTATE OF AUGUSTINE C. GEISLER. , Probate Division, on the 2nd day of August, 2000.

late of 47 Cottage Court in the Township of Hamilton |
in the County of Mercer in the State of New Jersey, :
one of the States of the United States of America, :

D. Robinson
(for) Registrar

*

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PAGE 12B, TUESDAY, AUGUST 5, 2008

ea.
NAD

Nassau Airport

Development Company

Expression Of Interest

The Nassau Airport Development Company (NAD) is pleased to announce
the first of many requests for expressions of interest in the Lynden Pindling

International Airport Expansion Project. NAD is presently seeking expressions

of interest for the supply of landscaping material related to the Lynden Pindling
International Airport Expansion Project. Installation may be tendered separately
at a later date to coincide with landscaping milestones.

Interested parties are requested to provide the following information with
submissions: ,
Corporate Background — how long have you been in business, location,
size, types of materials that can be supplied, etc.
Financial Capacity — bank, account manager, financial statements
Project History — previous projects or clients, size, and value
Contact List — list of previous clients with contact information

Please reply to: Mr. Derek Thielmann, Construction Manager
Nassau Airport Development Company
Lynden Pindling International Airport
Nassau, Bahamas, PO Box AP 59229
derek.thielmann@nas.bs



THE TRIBUNE





Cat Cay retreat
sold pre-auction

A CAT CAY residence due
to be auctioned on July 22 was
sold to a private bidder prior
to that date, the auction house
revealed, having originally been
priced at $4.5 million.

Announcing its acceptance of

the pre-emptive bid, Sheldon |

Good & Compafty Auctions
said terms of the sale were not
disclosed. The new owner of
Pelican House has, for the past
eight years, has been a mem-
ber of the private Cat Cay Club.

Had the property gone to
auction, the minimum bid for
this weekend retreat (or sea-
sonal home) had been previ-
ously announced at $2.9 mil-
lion.

Steven L. Good, chairman
and chief executive of Sheldon
Good & Company Auctions,
said: ’We are retained to mar-
ket and sell real estate at auc-
tion. Most of the time, the sale
occurs at auction as planned;
sometimes the sale occurs prior
to the auction. We have
achieved our goal with Pelican
House, which was to have exe-
cuted a successful sale for our
client. We are pleased to have

AN AERIAL view of

accomplished that goal.”
Pelican House is the second

beachfront home on the private

Caribbean island that Sheldon

Good & Company has sold

working along with Larry
Roberts, the chief executive of
Bahamas Realty. Last year the
company successfully auctioned
Hi-Tide, another estate on Cat
Cay, for over $4.5 million.



Douglas Johnson, senior vice- -

president of Sheldon Good &
Company, said: “The auction
program was utilized in the case
of Cat Cay to create a market
for spectacular properties
where the buyer may come
from virtually anywhere. Cat
Cay is unique and located in a
very private, secluded area. It
was our understanding that

although our potential buyer
audience might not have previ-
ously heard of the location, we
were confident that once they
understood what the location
was all about, they would
absolutely fall in love.”

Sheldon Good’s senior vice-
president, David Latvaaho,
added: “Our auction pro-
gramme was successful; it iden-
tified the purchaser for this
highly prized estate. The pur-
chaser happily stepped forward
and made a pre-emptive offer
that was accepted by the own-
ership. We are thrilled for both
the new owner and the original
seller.”

Mr Roberts said: “Peiican
House is simply a very unique
property, as is the island itself.
What is unique about Cat Cay
is that it is essentially a private
Caribbean island with a club
owned by its members. In pur-
chasing Pelican House, the new
owner has laid claim to a home
on a private island where there
is nothing public going on.”

Mr Roberts was the broker
of record in the past Cat Cay
auction of Hi-Tide.

EMG aN UW ie
the #1 newspaper in circulation,
URS eR Per ed a CT

NOTICE

NOTICE is hereby given that FLOYD ANTONIO DURHAM OF
TAMARIND STREET, GENERAL DELIVERY, FREEPORT, GRAND
BAHAMA, 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 5th day of AUGUST, 2008 to the Minister responsible for
Nationality and Citizenship, P.O.Box N-7147, Freeport, Bahamas.



NOTICE

NOTICE is hereby given that NORMA CREARY
of #69 MALCOLM ALLOTMENT, P.O. BOX SB-
50746, 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 29TH day of JULY 2008 to
the Minister responsible for Nationality and Citizenship,
P.O.Box N- 7147, Nassau, Bahamas.

COMMONWEALTH OF THE BAHAMAS
IN THE SUPREME COURT

COMMERCIAL DIVISION COM/onk/00058

~ INTHE MATTER OF JERSEY PRIVATE BANK & TRUST (NASSAU) LIMITED
{In Voluntary Liquidation)



AND

IN THE MATTER OF THE COMPANIES ACT



NOTICE IS HEREBY GIVEN that a Petition for the winding up of the above-named
Company subject to the supervision of the Supreme Court was on the 30th day of July,
A,D,, 2008 presented to the said Court by Jersey Private Bank & Trust (Nassau) Limited, a
Company having its Registered Office situate at The Deanery, Cumberland Street in the
City of Nassau in the {sland of New Providence.

AND that the said Petition is directed to be heard before the Honourable Justice
Mrs, Cheryl Albury in Court in the Martborough Street Annex in the City of Nassau aforesaid
on Thursday the 2st day of August, A.D., 2008 at 12:30 in the afternoon and any creditor
of Contributor of the said Company desirous of supporting or opposing the making of the
Order on the said Petition may appear at the time of the hearing in person or by his counsel
for that purpose; and a copy of the Petition will be furnished by the undersigned to any
Creditor or Contributory of the said Company requiring such copy on payment of the
prescribed charge for the same.



CALLENDERS & CO,
Chambers
One Millars Court
Nassau, Bahamas
Attorney for the Petitioner

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NOTE: Any person who intends to appear on the hearing of the said Petition must serve on
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must state the name and address of the person, or, if a firm, the name and address of the
fitm and must be signed by the persons or firm or his or their attomey (if any) and must be
signed or, if posted, must be sent by post in sufficient time to reach the above-named not
later than 4:00 o'clock on the afternoon of the 19th day of August, A.D., 2008.



For More Information: www.btcbahamas.com | CALL BTC 225 - 5282

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