Citation
The Tribune - Page 1

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:
2009
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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Volume: 105 No.229

‘CARS FOR SALE,
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Sg

BAHAMAS BIGGEST
Government responds

to a 25 per cent
increase in murders







BAHAMAS EDITION

www.tribune242.com

FRIDAY, AUGUST 28, 2009



PRICE — 75¢ (Abaco and Grand Bahama $1.25)



Catholic Church
gives support to
marital rape law

WHEN an indi-
vidual is forced to
engage in sexual
activity against his
or her: will, the
rapist “does vio-
lence to the dignity’
and value of the
hunfan person cre-
ated in the image
and likeness: of
God,” Catholic
Archbishop Patrick
































Marriage, he
said, is a comple-
mentary relation-
‘Ship, not ownership
and no person ina
marriage can be the
possession of the
other.

“Human dignity
does not allow this. | -
The legacy of slav-*|
ery and its abolition
has surely taught us

5







ARCHBISHOP
Patrick Pinder





Pinder said in a this lesson,” the
strong statement in which he | Archbishop said.
offered the Roman Catholic The Archbishop said that





in Catholic tradition of
moral thought, rape holds a
place.of unique disdain as
an act of violence which is

SEE page six

Church’s “prayerful sup-
port” to the proposed
amendment to the sexual
offences act that would out-
law marital rape in the
Bahanias;









a

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

NOTING that
there has been a 25
per cent increase in |
murders over the
same period last
year, National Secu-
rity Minister Tommy .
Turnquest revealed yesterday
that government will soon
recommence hangings as a
deterrent to serious crime.

With 17 persons currently
on death row at Her Majesty’s
Prison, Mr Turnquest said
that five of these persons have
since had their sentences re-
tried and confirmed.

“As a result of the Privy
Council’s ruling they went
through a re-sentencing
process, there are five persons
who have been re-sentenced
and had their sentences con-
firmed in terms of the death
sentence. The law will take its
course with those five out of






Tommy Turnquest

“| the 17 persons.
There are the addi-
tional 12 still going
through the process.
And it is no known
secret that Iam a
proponent of capital

| Turnquest said.
. However, as the
chairman of the Pre-
rogative of Mercy
board — the final
appeal for anyone
convicted of crime — Mr
Turnquest said he would not
discuss whether or not any of
these five individuals had
their death warrants read to

‘them as yet.

“T don’t wish to discuss
individual cases like that. I
have a constitutional respon-

‘sibility as chairman of the Pre-

rogative of Mercy which I
take very seriously, but which
is not discussed publicly,” he
remarked.

At this, point in 2008, there
were 44 murders, 475 armed
robberies, and 158 robberies.

SEE page six

Wars acon Ung
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punishment,” Mr.

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it sillbibie ICORALWAVE ed Lee





Felipé Major/Tribune staff

PILES OF GARBAGE infested with flies and maggots lie behind Arawak Cay. Despite a dumpster nearby, some rire continue to dump

garbage on the ground.

Lero-tolerance
holicy issued
against crime

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

ISSUING a zero-tolerance
policy against crime yesterday,
National Security Minister
Tommy Turnquest said the
police force, starting today, will
utilise “every measure” avail-
able to them to apprehend and
bring to justice prolific crimi-
nals who are wreaking havoc in
Bahamian society.

- In what can be described as a
“push back” against the crimi-
nal element that has plagued
the country, Mr Turnquest said

SEE page six



THE Bahamas Mortgage
Corporation is owed $6 mil-
lion by clients in arrears, and
out of 2,883 accounts, 998
are behind with payments,
Managing Director Jerome
Godfrey warned.

The money owed can go
towards financing Corpora-
tion projects, in particular,
the financing of homes for



frey said.

“We are here to serve the
public,” he said.

Clients experiencing dif-
ficulties making mortgage
payments to the Bahamas
Mortgage Corporation
should visit its Recovery and
Adjustment Centre before

YAITIT
TCE LL



(Infiniti)

RCCL

Mortgage Corporation
owed $6m by clients

_ arrears.

Power outages
force residents

to sleep outside

By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net






their accounts ‘fall into





As it has policies that per-
mit it to grant moratoriums,
the Corporation is.reaching





RESIDENTS in central



first-time buyers, Mr God- °

out to its unemployed
clients, said Mr Godfrey,

Clients can receive up to a
three-month moratorium,
and if they are still unem-
ployed, they can potentially
receive an extension while
they continue job-hunting,
Mr Godfrey said.

“We have created a direct
avenue for persons to be
able to come in and see us
and explain what their cir-
cumstances are,” he said in a

SEE page two














Andros are sleeping outside on
docks, beaches and seawalls to
avoid the stifling heat of their
bedrooms as massive power out-
tages continue to plague the
community after more than a
week.

Food stores are delaying
ordering new supplies since see-
ing valuable inventory spoiled
as refridgeration units go without
electricity or are now in need of
repairs following repeated pow-
er failures.

Meanwhile, The Tribune was

SEE page six

Village Road Near Shirley Street

Tek 394-0323/5 OR 394.1377



PAGE 2, FRIDAY, AUGUST 28, 2009

THE TRIBUNE



LOCAL NEWS

Fewer Cubans making
the crossing to the US _

MIAMI



THE number of Cubans attempting to cross the Florida

Straits has fallen by more than half, putting 2009 on track to be

perhaps the lowest for migration from the communist island in :

almost a decade, according to Associated Press.
Experts say it's hard to pinpoint what has caused such a dras- ;
’ tic drop but attribute it to combination of factors, with the U.S.

economic downturn topping the list. They also point to stepped | :
up U.S. law enforcement against Smugglers, eased U.S. restric- :
tions-on Cuban-Americans who want to travel to the island :
and send.money to family there and a clampdown by the Cuban :

government.

"To be honest, there's really no way of telling. This isn't a sci-
ence," said Andy Gomez, a senior fellow at the University of :

Miami's Institute for Cuban and Cuban-American Studies.

The Miami area's unemployment rate may be one of the i
main reasons for the drop — at 11.6 percent, it's nearly double .
from a year ago, making it harder for Cuban-Americans to pay :

smugglers to help their families leave the island.

"Most of the people who left were leaving through smug-
gling operations, and that has stopped because the money here ;

has dried up.

“The economic crisis has affected that," Gomez said. At the

same time, he said, on the island "there's a wait and see attitude"

as to how Cuban President Raul Castro is going to handle the 3

country's economic crisis.

FROM page one Mortgage

Bahamas Information Ser-
vice’s interview Thursday.
“We want to assist you any
way we can, even if it means
budget counselling.”

Opened in January 2009,
the Centre: was, created to
focus on the needs of clients
in arrears.

cay

emer :



The Centre also has.a pro- }
gramme for employed per: :
sons, earning their full salary, :
but who fail to make their :

payments.

Clients who can, but refuse
to pay, face legal action :
whereby the Corporation can :
get “vacant possession” of :
the property, Mr Godfrey :

warned.

Senior Loans Administra-
tion Manager Marcia Mor- }
timer explained that officers’ :"
at the Centre still have to fol- :
low due diligence and do fol- :
low-ups after persons ‘start :
paying off arrears and the :

balance of their mortgages.

_ “Persons are not willing to
call us’and say ‘I am not able : |
to come in ‘this month to :
make a payment.’ We have :
to call them,” Ms Mortimer :
said. “We go through this :
‘every month.” i

The New Providence ;
office is located on the Hill- :
side Business Plaza, on top :
of the Hill, Thompson Boule- :
vard, West of the Passport :

Office. It oversees the Fami-

_ ly Islands accounts. There is

also an office in Freeport,
Grand Bahama.

Potential partnership between
Baha Mar and Chinese state
entities ‘still being worked out’

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

FIVE months on fromthe
announcement of a poten-
tial partnership between
two Chinese state entities
and the developers of Baha

' Mar, there “still remain a
number of commercial:
terms to be worked out” .
before a final deal is
reached, Baha Mar Resorts
president Don Robinson -

said yesterday.

“We’ve been discussing
various aspects of the pro-
ject both with the China
Export-Import Bank and
Chinese State Construction
Engineering Company
again pretty extensively
over the last four or five
weeks.

“Things seem to be going
well, we still have a number
of issues we’re working on,
we’re hoping progress will
be made so we can make an
announcement by the.end
of, the year,” Mr Robinson
told The Tribune yesterday.

The Baha Mar president
and a team from the compa-
ny recently returned from a
trip to China where ‘they
engaged in face-to-face
meetings with officials from
the two state-owned enti-
ties.

He said the meetings pro-
vided an opportunity to

“resolve a couple of issues.

that were important to both
sides.”

Nonetheless, Mr Robin-
son said it would be “pre-
mature to say this thing is a
done deal.” -

In early March of this
year the developers of the
multi-billion Baha Mar pro-
ject announced the signing

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of a formal agreement with

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Engineering Corporation to
construct the resort, and a
Memorandum of Under-
standing with the China
Exim Bank regarding

‘ potential project financing.

This announcement was
heralded as excellent news
for the country.

Financing

The Baha Mar executives
had been looking for new
financing after former finan-
cial backer Harrah’s Enter-
tainment - the world’s
largest resort and casino
operator - terminated its

agreement with the compa-
ny in 2008, about two and a
half weeks before the dead-
line for the developers to

’ meet certain benchmarks

set by the government.
The understanding with
the China Exim Bank came
on the basis that there
would be “several months
of due diligence” before
financing is approved. «'
* Yesterday, Mr Robinson

, Said that all negotiations

with the Chinese entities so
far continue to be based on
the premise that the resort
will be constructed accord-
ing to the designs originally
envisaged by Baha Mar.
That plan sees the Baha

Mar development spanning
1,000-acres on and around
the Cable Beach strip and
includes a 100,000 square
foot casino and more than
3,000 hotel rooms.

Discussions

As for whether the devel-
opers have any idea based
on current discussions as to

when: the project will get
underway, Mr Robinson

. indicated that it would be

premature to speculate.

» “We would certainly love
to start as soon as possible,
but these things have a need
to take the time they take,”
he said.

GB Disastet Consultative
Committee ASSESSES readiness

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - The Grand
Bahama Disaster Consultative
Committee (GBDCC) met yes-
terday to assess its state of readi-
ness to tackle major disasters
that may arise this hurricane sea-
son.

There have been four named
tropical storms so far, and a pos-
sible fifth one is developing off
the African coast, near the Cape

Verde Islands. Tropical Storm .

Danny is expected to. pass well
east of the Bahamas and,'on its
projected path, won’t affect the
nation.

Tammi Mitchell, chairperson
of the GBDCC, said that it is
important for the committee to

be well prepared to deal with a -

disaster when it arises on Grand
Bahama - an island which has
been ravaged by major hurri-
canes in the past.

However, she expressed con-
cern over the Jack of attendance
by committee members at meet-
ings.

The GBDCC is comprised of
nine sub-committees: Trans-
portation and Evacuation,
Search and Rescue, Disaster

~ Assessment, Public Information,

Communication, Training, Relief
and Supplies Distribution, Med-
ical Emergency, and Evacuation
for Medical Emergency.

“We are meeting with the first
five sub-committees to get an
update of what is happening in
those committees and to check
our state of readiness,” said Ms



TROPICAL STORM DANNY is expected to pass well east of

the Bahamas and, on its projected path, won’t affect the nation.
However, the GBDCC met yesterday to-assess its state of readiness
in the remainder of the hurricane season.

Mitchell. .

“We ate’ seeing a a lot of aetivi-
ty and threats (in the Atlantic)
and we are trying to make sure
that if a storm threatens that all
of our committees are prepared,
and we are going through our
list to make sure that everyone is
here, but we are noticing that
some persons on our list have
not shown up to one meeting,”
she said.

Ms Mitchell said that the role

of sub-committees is very impor-

tant because of their responsi-
bility to report to committee
heads, who then report to the
National Puergency Manage-

: ment Agency (NEMA),

She said that siyb-commitiees
must be able to function and per-
form their specific tasks.

Ms Mitchell said the GBDCC
responds to all disasters and not
just hurricanes. Communication,
she added, is the most impor-
tant aspect in the event of a dis-
aster.

“We have included all the

' media organisations on the

island on our Public Informa-
tion subcommittee, and it is
important that each organisation
has a representative here and at
the command centre when there
is a disaster on island,” she said.

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THE TRIBUNE

FRIDAY, AUGUST 28, 2009, PAGE 3





Men disarm
man who
robbed them

TWO civilians dis-
armed and subdued a
man who robbed them in
front of a take-away
restaurant yesterday.

The two men, aged 53
and 55, drove to a restau-
rant on Flemming Street
at 1.30am. The younger
of thé two went to buy
food, leaving his friend in
the car. A 21-year-old
Peter Street man armed

“with a gun approached
the car and robbed the
55-year-old of cash.

The 53-year-old who
returned from the take-
away restaurant was also
held up and.robbed of
money and jewellery by
the gunman.

However, a struggle
then broke out between
the three men. The two
friends were able to get
the gun away from the
robber and hold him
until the police arrived.

The gunman was tak-
en to hospital to be treat-
ed for injuries he sus-

‘ tained in the fight with
his two would-be victims.
He is presently under

_police watch. Police
recovered a pellet gun
from the robber.

Police search

for men in
connection
with seized
firearm

POLICE are searching
for a group of men in
connection with the

seizure of an illegal
firearm.

At 6.30am yesterday, .

officers of the Wulff
‘Road Police Station were
in the area of Sutton
Street when they saw a
group assembled. Seeing
the officers, the men
escaped by running
through a nearby ceme-
tery. A 9mm handgun
with five live rounds of
ammunition was recov-
ered from the area. The
men are actively being
sought.

Man taken
into custody
after handgun
is found

~ A 26-YEAR-OLD was

apprehended by police

after officers found a
.9mm handgun and three
‘live rounds of ammuni-
tion in his possession.

While on patrol on
‘Prince Charles Drive
around 7pm on Tuesday,
officers of the Elizabeth
Estates Police Station
stopped and searched a:
‘man driving a grey Mer-
‘cedes Benz.

Discovering the illegal
firearm and bullets on
him, police took the man

ing.

CLARIFICATION

THE Tribune would
like to clarify that the
truck in the foreground
of a photo printed yes-
terday on page threé
above the headline “No
charges over ‘hijacked’
furniture” was in no way
involved in the alleged
unauthorised taking of
items donated by the
RIU Hotel on Paradise
Hotel.

The owner of the
truck, Charles Tyrone
Forbes, is one of the
RIU employees who was
offered items the proper-
ty is getting rid of in the
process of refurbishing
the hotel.

LOCAL NEWS

Govt announces turtle



ban from September 1

AFTER more than a decade of cam-
paigning by conservationists, animal rights
activists and concerned citizens, the gov-
ernment yesterday announced that as of
September 1, all harvesting, possession,
purchase and sale of sea turtles will be
prohibited.

The Ministry of Agriculture and Marine
Resources said that the Fisheries Regu-
lations governing marine turtles have been
amended to give full protection to all
marine turtles found in Bahamian waters.

The new regulations also prohibit the
molestation of marine turtle nests and the
harvesting of eggs.

An overjoyed Kim Aranha, co-chair-
woman of the Bahamas Sea Turtle Con-
servation Group (BSTCG), said yester-
day that the introduction of the ban is the
culmination of a long and arduous battle.

Amazing

“This is amazing and wonderful. We are
glad the government decided to do the
right thing. It has been tremendous work-
ing with (Minister of Marine Resources)
Larry Cartwright on this,” she said.

Mrs Aranha said the BSTCG under-
stands that the ministry polled a very large
group of Bahamians and that almost 90
per cent were in favour of the ban.

She said the next step for the BSTCG
will be working with the Marine Resources
Ministry to develop an educational pro-
gramme to help people understand the
new regulations.

The BSTCG, which was formed two

years, in the past few months took its cam-
paign for the ban to the next level --gath-

ering 5,000 signatures in support of the

ban, running full-page ads in the dailies
and holding a candlelight vigil on Raw-
son Square among many other initiatives.

The Department of Marine Resources
received hundreds of letters in support of
the ban, but the government wanted to
reach out to those who had not yet spoken
up before amending the marine turtle reg-
ulations.

Consultation meetings were held in
Abaco, Eleuthera, Grand Bahama and
Exuma with fishermen and other people
who wished to comment on the ban.

“The government has engaged in inten-
sive and extensive consultations with the
public over the issue of the ban on the
harvesting and sale of marine turtles for
the past 12 months.

“The commitment to the conservation
and preservation of these species while in
the Bahamian waters has been demon-
strated by the introduction of protective

measures and safeguards over the past .

two decades, starting with the actions tak-
en to safeguard the hawksbill turtle in
1986,” the ministry said yesterday ina
statement.

Up until,now, the turtle season was
closed between April 1 and July 31. As
of next Tuesday there will be a complete
prohibition on the harvesting of turtles.

Jane Mather, president of the Advocate
for Animal Rights and spokeswoman for
the BSTCG, said the ban will ensure the
preservation of a turtle species that are
close to extinction.

Police attempt to quell
fears of ‘serial rapist’

' THERE has been more than



Uae
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a decade of campaigning by
conservationists, animal -
rights activists and con-
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turtle issue.



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By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

A SENIOR police offi-
cer yesterday again
attempted to quell fears of
a serial rapist targeting
female residents in the east-
ern area of the island.

His comments came in

response to concerns reach-
ing The Tribune from resi-
dents of eastern New Prov-
idence who faulted police
for not providing warnings
and a composite sketch of
the reported serial rapist.

the reported rapist forced
his victims to wash after the
attack, took bed-sheets and
other evidence, and had
attempted.to use a condom
in some cases.

Assistant Commissioner
Raymond Gibson recently
said there had been two
reported rapes and two
attempted rapes in the east-
ern area since March 2009,
but he did not provide
details on the attacks.

Meanwhile, Supt Moss
said police are still actively
searching for the house-
breaker who remains on

He added that police

intend to issue a compos-
‘ite sketch of the suspect

today.

Caution

He also warned the public
to exercise caution when
travelling at night.

"We still tell people to be
concerned about their sur-
roundings when they come
home - and it's not because
there is a serial rapist -but
there are persons who are in
or about New Providence

Dowdeswell Street :
Sale ends 9/14/09,



WESTON PY BCES

i identify their assailants.

into custody for question-

. said Supt Moss.

Head of the Central the loose.
Detective Unit (CDU)
Supt Elsworth Moss said as
far as he is aware there is
only one unsolved rape
case in the eastern area, but
admitted that that part of
the island has been plagued
by a repeat housebreaker.

"There were one or two
persons who were sexually
molested in the eastern
area (but) persons were
charged with those offences
- there's no serial rapist in
the eastern area.

“I think there may be
one matter that we haven't
solved yet," said Supt Moss.

"(But) there has been
rape all over New Provi-
dence - that majority of
petsons who've been sexu-
ally molested, (they) can

around 4pm:

Most of those persons
would have already been in
custody and charged before
the court.

\
Burglaries

"The police are investi-
gating several burglaries in
the eastern area but it has »
nothing to do with a serial
rapist. There is a fellow
who is breaking into peo-
ple's houses in the eastern
area and in one or two cas-
es he may have taken per-
sons to the ATM machine
to get some money and

that's about it - but they
weren't sexually molested,"



Earlier this:month, The
Tribune was informed by a
source within the police
force that in the last month
or so, there have been at
least five rapes or attempt-
ed rapes in eastern New
Providence.

The source claimed that

who are trying to commit
some crime," said Mr Moss.

$500, D0 worth of suspected
cocaine found at container port

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - More than half a million worth of illegal
drugs were discovered yesterday at the Freeport Container
Port, police reported.

Asst Supt Loretta Mackey, press liaison officer, said that a
large quantity of suspected cocaine was discovered sometime

She said officers of the Drug Enforcement Unit (DEV) and
Bahamas Customs officers, acting on information received,
went to the container port to investigate.

While searching a container, they discovered three back-
packs which contained 25 kilos of suspected cocaine.

ASP Mackey said the drugs have a street value of $550,000.

The drugs were seized, but no arrests were made. Investiga-
tions are continuing into the matter.

There have been several drug seizures totalling i in the millions
of dollars at the container port this year.



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PAGE 4, FRIDAY, AUGUST 28, 2009

EDITORIAL/LETTERS TO THE EDITOR

THE TRIBUNE







The Tribune Limited

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






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




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







Publisher/Editor 1919-1972
Contributing Editor 1972-1991






EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B.
Publisher/Editor 1972-




Published Daily Monday to Saturday







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








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












WEBSITE.
www. tribune242. com — updated daily at 2pm



Caymans should be a lesson to us |



THE CAYMANS were described yester-
day by a financial expert as having been
caught in the “perfect storm.” In a short

‘period of a year the country has been buffet-
ed from all sides — and the storm has been
far from perfect. The islands are now facing
a financial crisis: |

First it was Hurricane Paloma, which in
November. last year did tremendous dam-
age to the three islands — Grand Cayman,

-- Cayman Brac, and Little Cayman — setting
the country back with a costly reconstruction

- bill. Then in May this year the OECD
attacked the nation’s nerve centre — its tax
laws. Cayman is not only noted for its
tourism but'more importantly as a popular
tax haven. The country has now had to agree
to sign bilateral tax information exchange.
agreements.

And now the final blow.

Britain has rejected its dependent territo-
ry’s request for a loan. There can be no more
borrowing, said the Mother country. Instead,
wrote Brent Fuller in the island’s newspaper
— the Caymanian Compass— England has
told the Caymans to “seek sustainable rev-
enues to pay off its debt.”

Caught in an economic squeeze, the
“Caymans’ current budget situation requires
the overseas territory:to:obtain approval for
any additional borrowing from the UK’s
Foreign and. Commonwealth Office,” wrote
Fuller. And, he said, “the denial has placed
the islands in a tenuous position.”

Fuller reported McKeeva Bush, Leader of
Government Business, as saying ‘that the
.Caymans is now struggling to pay the salaries
of its civil:service.

- Mr Bush said the country is borrowing

- tens of millions of dollars a month to meet its

‘payroll.

According to the'Compass, the newspa-
per was told that employees .of some govern-

ment departments were informed that gov-
ernment would have to borrow if it were to

make September’s payroll. It was also

- unclear whether August pension payments

‘ to civil'servants could be met.

._ The Compass reported that government
leaders had earlier suggested.a year-long

“pension holiday” to save more than $40
million in the current budget year.

The public and private sector were to
meet this week to explore cost-saving ideas
to keep the country afloat.

_ “A financial adviser to the G20 group this




against taking on more debt to put off the
. effects of the global financial recession,” the
Compass reported.
“Avinash Persaud.told the BBC news that
Caribbean governments should make use
of development agencies, like the Interna-
tional Monetary Fund, to boost economic
growth.” :

‘Cayman is required to seek UK permis-
sion to borrow money because it is in breach . -
of at least three requirements under the
Public Management and Finance Law.

One of those stipulations is that it has
failed to retain its required cash reserves. It
ended its financial year on June 30 with an
operating deficit of nearly CI$76 million. It‘
has also exceeded the limit of public debt
that it can have compared to government
revenues.

~“Cayman’s projected operating deficit by
30 June 2010 is estimated now at $132 mil-
lion, without any significant budget cuts or
revenue increases,” reported the Compass.

Maybe Bahamians.can now better under-

i en





















be cautious.

Already the Bahamas has spent about
10 per cent more than it has earned.

.Britain’s position with the Caymans is
that its current revenues should meet its
expenses.

In the Bahamas’ financial year, 2006-
2007; the Bahamas was running a deficit of
$61 million: Last year — until the global
financial crisis hit — the Bahamas had
turned the corner, with a surplus of $24 mil-
lion. The country’s projected figures for this
financial year is an expenditure of $1.49 bil-
lion over revenue of $1.31-billion. The
Bahamas is now running on a deficit of $186.
million. In other words the Bahamas is
spending 10 per cent more than it is earning.

Maybe Bahamians will now better under- |
stand why Prime Minister Ingraham
announced in this year’s budget that salaries
would be frozen, the nurses’ health insurance
could not be paid in this fiscal year, and stu-
dent loans would have to be suspended, par-
ticularly as so many-students have failed to
repay their loans.

We would suggest that instead of constant
criticism, the PLP would settle down with
constructive Suggestions to prevent these

_ islands from falling i in the shadow of the
Caymans.


























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for anglers and divers allke, Bimini Bay Resort offers a plethora of options

for the most discriminating traveller. Bimini Bay Management Ltd. owns
and ppetates Bimini Bay Resort & Marina.

stand why the Ingraham governitient has+to.... |.

Looking forward
to the judiciary
functioning better

EDITOR, The Tribune.

Several years ago a friend

‘made the observation that
. Bahamians were delusional.

And, in studying Bahamian
society I am of the opinion that
this observation is very accu-
rate.

-A good example of this

propensity for delusion is in the

recent objection by the.

Bahamas Bar Association and
the Bahamas Chamber of Com-
merce to the appointment of
the former.Attorney General
as Chief Justice. of the Com-
monwealth of The Bahamas,
the objection being. ostensibly
that this would weaken the judi-
ciary and create “far too great
an appearance of a lack of sep-
aration between the executive

‘and the judiciary.” I find this

objection extraordinary as any-
one who has studied Constitu-
tional Law 101, and is familiar
with the Bahamas .Constitution,
the various Acts of Parliament
setting up the various courts

.. . and the Statutes relating to the

Judiciary would surely be aware
that any real separation of pow-
er between the executive and
the judiciary in The Bahamas is
a myth.

These two bodies would be
better advised to promote a



Waa wber.tS

letters@tribunemedia.net




strong judiciary; with a strong

Chief Justice as a weak Judi-
ciary with a weak Chief Justice
is a greater threat to the little
separation of power left than a
former Attorney General
attaining the position of Chief
Justice.

We have only to look at Bar-

- bados where a former Attor-
ney General in-the person of .

Sir David Simmonds became
Chief Justice. There has been
no hue and cry concerning a
lack of Separation of Powers
in that jurisdiction and Sir
David has served his country
well. lam acquainted with both
Sir David and Mr Barnett. I
have known the Barbados
Chief Justice longer but I

worked with Mr Barnett when *

he was first called to the Bar

and I see nothing in his charac-..

ter, his ability and his love of
and knowledge of the law
which would lead me to believe
that he would not serve his
country: as well as Sir David has
served his.

I would be more concerned
that sitting justices may have

. been feeling slighted in having

been by-passed. However,
there is precedent for this,
notably the appointment as

- Chief Justice of the late Telford

Georges who served with dis-
tinction.

The energies of both bodies
would be better served, as I see
it, in objecting to the continued
practice of appointing so many
former public officers to. the
judiciary, when the reputation

, of our Bench is. under constant
‘assault by the international

financial sector. With Mr Bar-
nett. as Chairman of the Judicial
and Legal Services Commission
this practice should dissipate,

Indeed I would be happy and
the country would be well
served if Mr Barnett could con-
vince two former acting Justices
in the persons of Messrs Philip
Dunkley and Brian Moree to
join him on the Bench. During
their tenure they showed abili-
ty, integrity and a good judicial
temperament which would
greatly enhance our Bench

I wish the present Chief Jus-
tice best wishes and God speed
and: look forward to a better
functioning Judiciary.

JEANNE I THOMESON
Nassau,-
“August 25, 2009.

How long will we continue hearing excuses
on the subject of capital punishment?

EDITOR, The Tribune.

My God! Headlines read
another Mother gunned down
in a senseless killing. Is it
another robbery gone bad?
There was a time when you

_ only had to worry about being

robbed, and you at least had
some comfort that your life
would be spared. At least you
could move on to replace

material possessions. ‘Today,
the criminal-element places:
material possessions above

that of someone’s life. Are we
all standing by now, waiting to
see who will be gunned down
next? What a way to live!

I express my condolences

to the family of Wendy
- Bullard. I also express my .

condolences to the 21st Cen-
tury Welding Family. I know
Mr Edward Smith, who is a
hard working, honourable
man and I accept his high
regards and respect for Ms
Bullard.

I recently wrote a letter
regarding the senseless killing
of Tagia Soles Armony,
whose mother is a neighbour
of mine. Since this letter, I
have' been advised that. cer-
tain Government Ministers
have’ spoken out in defense
of. the. Government and
whether'they have the abili-
ty to prevent crime. They

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seem to be defending an irrel-
evant point.

I don’t think anybody

expects the Government to

have the capacity and capa-.

bility to prevent crime and
these senseless murders,
which are rocking our nation.

This is too much for any

one Government to’be held

accountable for.

The causes of crime in our.
society are far more complex’

for any one Government ‘to
take responsibility for.
- However, Government
elected by the People, is fully
expected to-ensure that we
have an effective, swift justice
system that ensures the pun-
ishment matches the crime.
To date, Government ‘has
not shown itself capable of
carrying out this mandate. I’m
sure we can all agree that the
majority of Bahamian citizens
wish to have.capital punish-
ment enforced in this coun-
try. Aren’t we the same
Bahamian citizens that put
the Government. in

power? Are we:still an Inde-»

pendent Bahamas.or have we
sold ourselves out to special
intérest agendas and organisa-
tions around the world? The

last time I checked we were ©

still a democracy, not a dic-
tatorship. The personal views
ofa Prime Minister or his
Cabinet cannot be dictated
upon us. We deserve no less,

than a Government to enact ~

the necessary laws to ensure
‘that capital punishment is.car-
ried out by. an effective jus-
tice system in an efficient,
swift manner. J am not naive,
I know things take a consider-
able amount of time, even
in first world countries: How-

death :

ever, when was thé last time a
warrant was
signed? When was the last
time capital punishment was
carried out?

How many ‘senseless
killings have occurred during
this time?

How long will we continue
to’ hear excuses on the sub-
ject of capital punishment? ©

Would the Government
please stand up ‘and tell ‘us

‘what they-are doing to ensuré

that the desires ‘of the elec-
torate are carried out.

If the Government is not
prepared to.carry out capital
punishment, then stand up
and tell us so. At minimum,
we will then be an informed
electorate who can make a
decision on election day!

’ By the way, why don’t the
Human Rights organisations
and activists speak out on
behalf of murder victims and

: their families? °

They seem to always mouth
off on behalf of the criminal
and their rights, but have
nothing to say about the rights
of hard working people
gunned down in innocence. |

Anyway, let them stay on
the’side of evil. On another

_ topic, .can you believe that the

Government would appoint
such a prominent political fig-
ure as Chief Justice?

I will leave this one with
each of my fellow Bahamians
to formulate their answer.

Again, my thoughts and

ptayers g0 out to the family of
-. Wendy Bullard ‘and the 21st

Century Family.

JEROME R PINDER
Nassau,
fhtigust 22, 2009.

‘How about paving the

EDITOR, The Tribune.

road along the foreshore?

Like other Bahamians and visitors (I am sure), I am enjoying the
newly paved roads around Nassau very much. :

While doing a daily walk around the Montagu, along with
many others, I thought it would be wonderful to have the-road
along the foreshore paved while all the paving equipment is still

close by.

J. PRITCHARD
Nassau,

. August 27, 2009 .

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THE TRIBUNE

FRIDAY, AUGUST 28, 2009, PAGE 5



eae eee
Activist calls for State

Ministry advises
ontraffic at =
Saunders Beach —

THE Ministry of Works
and Transport advised yes-
terday that during the
removal of the casuarina
trees on Saunders Beach,
traffic management
schemes will be imple-
mented on West Bay Street
starting in the vicinity of
the Shell Service Station.

The ministry apologised
to the public for any incon-
venience that may be
caused and requested that
persons use the alternate
route - Grove Avenue
through Coral Drive.

“We anticipate that the
contractor, Jose Cartellone
Construcciones Civiles, will
carefully carry out the
works in accordance with
the contract specifications.

“We look forward to
your full cooperation and
encourage the driving pub-
lic to exercise patience and
caution when travelling in
the area during the con-
struction phase,” the min-

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

CHILD rights activist
Clever Duncombe is calling
for State Minister of Labour
and Social Development
Loretta Butler-Turner to be
sacked because government
has yet to enact the Child
Protection Act.

Given the recent statistics '

on child abuse, Mr Dun-
combe argued that the Act -
which was passed in Parlia-
ment in 2007 under the for-
mer administration - needs
to be urgently implement-
ed.

He also chastised Mrs
Butler-Turner and several
of the country's religious
leaders for being so "vocal"

Clever Duncombe says
Child Protection Act
must be implemented



on a proposed amendment
to the Sexual Offenses Act -
which would outlaw martial
rape - and accused them of
being virtually silent on the
need for. the Child Protec-
tion Act to be enacted.

"The Child Protection Act
has been passed, all we are
waiting on is for the minister
to put some amendments to
it and pass it - and today we
have no enforcement of the
legislation.

istry said.

"The minister is coming

MEMBERS of the Surgical Suite Sister Sect Breast Cancer Support Group.

IN THEIR quest to continue to wage
war against breast cancer as well as offer

hope and support to hundreds of women.

infected with the disease in the Bahamas,
members of the Surgical Suite Sister Sister

Breast Cancer.Support Group will hold its .
fifth annual prayer Breakfast on Saturday,

September 5 at 7.30am at. the Sheraton
Resort on Cable Beach. Tickets for the
event is $35.

The prayer breakfast is the main
fundraiser for the support group, which is
comprised of 150 members who are sur-
vivors of breast cancer — a disease that
continues to affect Bahamian women at
alarming rates.

“Every year we are delighted to hold the
prayer breakfast as a time to give thanks to
God for all of the many survivors that have
survived through the years from breast can-
cer. It is also a time for various survivors of
breast cancer, many persons who would
not have seen each other for a long time to
come together and to fellowship with one
another,” said Helen Rolle, secretary with
the Sister Sister Breast Cancer Support
Group.

Mrs Rolle, who ts also a survivor of
breast cancer, said that while the prayer
breakfast is a major fundraiser for the
group, it is more about the fellowship the
women will experience while praising and
giving thanks to God for his grace and mer-
cy.
The keynote speaker for this year’s
prayer breakfast will be Minister Carnetta
Ferguson of the Church of God of Prophe-
cy who is a survivor of disease.

The event is. sponsored by British Amer-



ican Financial.
Ministry of Health representatives alon

with well-known medical practitioners Doc-

tors Locksley Munroe and Charles Diggiss

also will be in attendance.

. Speaking personally about her experi-
efice as a breast cancer survivor, Mrs Rolle
who is also an ordained deacon at Mount

‘Moriah Baptist Church said: “Being a part

of this support group really means a lot to
me. I am so thankful that God through his
mercies has looked on me with His divine
favour one more time and has spared my
life to see another year.

Strength

“I must say that since joining the group
from day one they have been a source of
support and strength. When I am feeling
low some one from the group would call. In
fact there is not a day that goes by that I do
not hear from a sister from the group just to
say that I am praying for you or thinking
about you. eye

“The Sister Sister Breast Cancer Group is’
a support group for women because we all
share the same common factor and so we

are able to assist one another through :

prayers, through a kind word and let our
members who are survivors of breast cancer

know that they are not in this all alone but

we are all in this together.”

- Mrs Rolle is calling on-members of the

public to show their support. The funds
will be used to support survivors of breast
cancer as well as assist in the purchase of a
port-a-cath, a special instrument used in

. the administration of chemo therapy.

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up with a whole slew of
excuses as to why the Child
Protection Act cannot be
enforced and now she is
going after the impossible.
“It is almost impossible to
prove rape of a stranger -
imagine proving rape against
a wife.
"Children are going

through all these heinous:

_.descriptions that happen to a
married woman (so) why are
they all weighing in on this
particular legislation and not
the Child Protection Act,”
said Mr Duncombe, a
spokesman for the advocacy
group Bahamian Fathers for
Children Everywhere.

"If children are going
through the same (situa-
tions) as the minister is
describing that grown
-women go through ~ then
who should receive (priori-
ty)?

“But they are telling us to
leave that alone and deal
with (the Sexual Offences
amendment).

"The minister needs to
find something constructive
to do or the prime minister
needs to fire her," said Mr
Duncombe during an inter-
view with The Tribune.

’

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Earlier this year, the
National Council for Protec-
tion of Children revealed
that there were 719 cases of
child abuse in New Provi-
dence alone in 2008.

The group said that there
were 581 child abuse cases in
2005; 618 in 2006 and 545
reported incidents in 2007.

The Act would, among
other things, introduce
harsher penalties for abusers
and a legal obligation for
persons who are aware of

-child abuse to report the

crimes.

The legislation will also
allow for persons found
guilty of ill-treatment,
neglect or abandonment of a
child to face a fine not








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ister to be sacked

exceeding $250 or imprison-
ment, or both, or upon con-
viction before the Supreme
Court a fine not exceeding
$1,000 or imprisonment for
three years or both.

The Office of the Attor-
ney General has said that
the Act would bring the
Bahamas into line with the
principles outlined in the
United Nations convention
on the rights of children.

The legislation will also
give fathers the right of
access to children born out
of wedlock.

Mrs Butler-Turner has
said the PLP administration
did not draft regulations
necessary to effectively
administer the Act. Last
June, she told The Tribune
that government needs sig-
nificant capital funding for
the law to be enacted.

.Attempts to reach the
state minister for an updated
comment were unsuccéssful
up to press time yesterday.

Mr Duncombe has been a
long-time supporter of the
legislation and said his group
will not give up its fight:
"This is a very wicked soci-
ety but we will fight again
on this and other issues. But
no more children in this
country can be touched

_ (while we) sit by idly.”




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PAGE 6, FRIDAY, AUGUST 28, 2009

THE TRIBUNE



LOCAL NEWS

FROM page one

Compared to the statistics of
2009, there was a 25 per cent
increase in murders which
stands at 55, a 12 per cent
increase in armed robberies
which is current at 532, and a
29 per cent increase in rob-
beries which is marked at
220. ,

Noting how the United
Nations’ office on Drugs and
Crime lists the average rate
of murder as five per 100,000
individuals as a measuring
stick for countries, Mr Turn-
quest said that the Bahamas,
with 55 murders thus far, “is
way over that number.”

“So we have to get down
to that level. There are some
callous killers on our street
that we have to get off of our
streets. Now I can’t stop the
crimes of passion. And when
you look at the statistics I
can tell you out of the 55
murders this year, what are
domestically related, what
are conflicts.

- “And I want to assure the
Bahamian people that no

Golden aes Sho

Hanging»

effort will be spared until we +
get those hardened criminals :
off of our streets and brought. :

to justice.

“That’s the challenge and
that’s what it’s all about,” he :

said.

al crime statistics.

Of the other statistics :
revealed yesterday during :
the-press briefing, the coun- }
try saw a decrease from Jan- :
uary 1 to July 31 of this year :

_ compared to 2008 in bur- }
glary, from 253 to 237, in :
housebreaking from 1546 to :
1398, in shopbreaking from ;
923 to 744, in stealing from :.
923 to 914, and from stolen :
vehicles from 532 to 728. i
Stealing from vehicles has }
increased from 663 incidents :
during the first seven months :
of 2008 to 746 incidents for :

the same period this year.

entre -&

The Minister added that :
the public will be able to rate :
the police’s new strategic ini- ;
tiative hopefully through see- ;
ing a reduction in the nation- :

FROM page one

told that supply issues had com-
promised the health clinic.in the
area and its store of medicines
which require refridgeration - a
claim Minister of Health Hubert
Minnis said he did not know to
be true.

With only one of the genera-
tors at the BEC station which
supplies the area working, offi-
cials took the decision to share

the electricity generated.

throughout various communi-
ties, leaving each without power

for “eight to fourteen” hours at -

a time, according to residents.

Yesterday they expressed
their anger and frustration that
it has. taken so long to restore
the supply - a problem which
Minister of State Phenton Ney-
mour said comes down to the
Bahamas Electricity Corpora-
tion having to travel to the US
to buy a new part for a broken
generator.

One government employee,
who declined to be named, said

that the heat in her home with- *-
* out air conditioning drove her to

spend two nights in the last
week sleeping on a beach near
her Fresh Creek home. On oth-

pping C
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cee ee eee oo ene es ea Men

Outages

er nights she slept outside on’
her porch.

“T’m about ready to go beat
‘up the manager (at the plant),”
said the woman.

Adding that the power prob-
lems have had a knock-on effect
on phones and the water supply,
she said locals have had to get
their water from the govern-
ment tap or Autec.

“Tt’s just taking too long,” she
said, referring to’ the efforts to
fix the supply.

In a statement released last
Sunday BEC apologised for the
“inconvenience caused” by
these sustained power outtages
and island-wide cuts in North
Eleuthera and on Abaco which
continued for 16 hours and four
hours respectively last weekend.

The statement said normal
service was anticipated to

resume in Central Andros by ©

Wednesday: This did not hap-
pen, and yesterday some areas
were still experiencing power

_ supply issues.

On Wednesday afternoon
another statement promised

that a mobile. generator unit was °

set to arrive shortly, to have
power restored “by week’s
end.”

Nelson Gaitor, owner of
Gaitor’s Variety Store in Fresh
Creek, said the ene have

hit his business hard: “It’s affect-

ed us very badly,” he said.

He had to pay for repairmen }
to come from Nassau to fix his }

computerised cash register,
which broke after repeated
power outtages this week and :

he must also find time and mon- }
ey to take a part from one of :
‘his drinks coolers to Nassau to }
be mended as a result of the. :

power failures.

Several hundred dollats ;
worth of meat and icecream

spoiled and having just ordered :
in some new inventory based :
on advice that the electricity :

supply would come back’on yes- i
‘terday, he was waiting to see if:
the power would stay on for the :

day.
‘MP ‘for North Andros aid. 3

_ some parts of Central Andros,
Vincent Peet, who was on the i
island this past weekend, called :
on BEC to urgently adress the :

situation.
“With fhe temperatures being

as brutal as it is almost inhu- :

mane conditions they’re going ;
through,” he said.

“I am very concerned that

our people get proper service.

They are paying for it and they i

are entitled to reliable service,”
he added.

He suggested that compen- | ;
sation may be in order for those :

who suffered equipment fail- :

ures as a result of the repeated :

outtages.

Zero- tolerance policy

FROM page one.

that the force has commenced its “crime reduction strategy”

which has been put in place to “counter.crime and criminals in our ;

country.”

This strategy, the minister said, includes four tenants, but will 5
focus primarily on targeting high crime areas, or known “hot ;
spots” to apprehend “known” individuals and bring them to jus-":

tice.

The other tenets of this strategy will include:

e focusing on reducing the number of homicides, armed rob-- i
’ beries, robberies, stolen vehicles and housebreakings; :
° targeting prolific offenders with a view to disrupting their :

‘operations and arresting them for offences they commit;

e and by enhancing public confidence with a-view to reducing

the fear of crime.

Flanked by Police Commissioner Reginald Ferguson, ees

e

Deputy Commissioner Elliston Greenslade, and other members’
of the force’s top management, Mr Turnquest told the media that »

the police will start today by targeting career criminals, many of: ;
whomi they know are already out on bail for other serious offences :

. and are continuing to cause problems for society. i
“There are some crimes that the police just can’t avoid happen- :
ing. The police can’t be in everyone’s bedroom, they can’t be on }

every street corner of every block.

“What we do know is there are some prolific offenders out
there who are leading many of these syndicates of crime that have i

to be dealt with,” he said.

The minister added: “Let me say, that the police know who the
prolific offenders are, as well as their areas of operation, and they :

will be:targeted. Every measure will be used to apprehend them,

and bring them to justice. High crime areas and known ‘hot
spots’ will be particularly targeted. for an increased police pres: :

ence, and for priority action.”

That action, the minister said, will be vigorous, swift and

“intense.”

“There is no‘magic wand’ that we can wave to get us through

these turbulent times,” the Minister:added.

“There is no simple fix for our crime problem. Crime is a mul- :
‘tifaceted and extremely complex problem, not just here in the
Bahamas, but in countries around our:region and around the }
world. If we find the crime rate unacceptable, then we each have :

to do something positive to change it.

“The government and the police will provide leadership, but :
law enforcement cannot be our only solution. Our police force }
needs strong partnerships in this initiative and in law enforcement |:

_ generally. They need increased citizen, community and private :
. sector partnerships, in areas including neighbourhood watch and
_ intelligence gathering, :

“We need parents to teach their children to respect law and ©

order, and the values and traditions on which our country was. :
built. What we do not need are parents who condoné their chil- :
dren in wrongdoing, or turn a blind eye to their misdeeds,” he.said. : .

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Catholic Church
FROM page one

_ pater allowed or permitted or
justified or rationalized under
any circumstance whatsoever.
“Tn our Bahamian community
today we need to become much
less accommodating of violence
in our domestic and social trans-
actions,” he said. ©
The Archbishop: said that
rape is never an act of love, nor

-is it ever an act of intimacy.

“Tt is always an act of violence

‘ against the person. Like any act
-of violence, be it physical, verbal

or otherwise, rape has no place
in the communion of life and
love which is marriage properly
understood,” he said: |
Further, he warned that when
forced sexual activity takes place
within the context of marriage

. the biblical understanding of

marriage is distorted and the
relationship between husband
and wife is ruptured.

“Such sexual activity is not
conjugal love and is rightly seen
as a crime against the dignity of
the human person,” the Arch-
bishop said.

Archbishop Patrick Pinder’

-said that the Catholic Church’s

support is given to the extent
that the proposed legislation
seeks to address the “unfortu-
nate reality of marital rape and
in the measure that it seeks to
perceive the dignity of every per-
son and.to safeguard marriage
as a covenant of life and love
between a man and a woman.”

The Archbishop said that
marital life, of which sex is an
essential aspect, must reflect the
reality of an “intimate union of
life and love.” | ~

“This love is to be aide all.
fully human, that is to say,:a

? . compound of sense and spirit,
i” reflecting each: ‘party’: s free gift of

self to the other. It.is also to be

‘an‘act of free will whose trust is

meant not only to survive but to:
grow. This love of spouses for

‘each other is to.reflect totally.a

personal friendship in which hus-
band and wife generously share.
everything,” he said...

In marriage, Archbishop Pin-
der said, man and:woman
become husband: and wife and
they love each other not only for
what one can give the other,.but
each loves the other for his or
her own sake.

“This means each respecting
the unique dignity of the other as
a human being and as an equal

~ partner before the Lord,” the

Archbishop said. :
However, Archbishop Pinder
admitted that when husband and
wife share a common home it is
reasonable to assume that they
engage in sexual activity and
under the circumstances it may
be very difficult in some cases
to prove that such sexual activi-
ty was achieved without the.con-
sent of the wife. . :
“Such cases make the applica-
tion of the law difficult. There-

. fore every effort must be made

to ensure that this law serves its
purpose well. In particular, care.
must be taken to protect against
false accusations of rape within

” marriage so as to safeguard the

presumption of innocence which
isa fundamental right of all per-
sons,” he said. °°

Toward this end the Archbish-

op said that it may be necessary.

to amernid section 6 of the Act
to provide that no prosecution
may be commenced against a
person accused of marital rape
without the consent of the attor-

* ney general.

“From Genesis through the
witnesses of St Paul, it is evident
in Sacred Scripture that God cre-
ated man. and: woman in such:a
way that through their bodies it
would be self-evident that:they
are called to love and give them-
selves to one another in the gift
of marriage.

“Love generating life is the
fundamental description we have
for God who created us and
redeems us. The reality of God’s
love for us.is made present in a
unique. way in marriage,” the
Archbishop said.

This is at the basis of the
Catholic understanding of Mar-

_ Tiage as a Sacrament.

“The radical equality between
man:and woman in marriage is
made manifest in the Genesis
story of creation. It describes the
relationship between the first
man and woman as the originat-
ing model of marriage: “The
Lord God’ said, ‘It is not good
for the man to be alone. I will.
make a suitable partner for
him.”

“In response the man states,
‘this one at last is bone of my
bone:and flesh of my flesh...’
This response expresses the pro-

- found equality and intimacy

between the man and the
woman as intended by God. In
other words woman and man
exist in partnership where one
partner completes the other part-
ner.

“The relationship is one of
complementarily and not owner-
ship. No person can be the pos-
session of another. Human digni-
ty does not allow this. The lega-
cy of slavery and its abolition

‘has surely taught us this lesson,”

the Archbishop said.

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM





FRIDAY, AUGUST 28, 2009, PAGE 7

THE TRIBUNE

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THE TRIBUNE



McKinney’s remarks

Responding to Steve

By ADRIAN GIBSON’
ajbahama@hotmail.com

Go placidly amid the noise
and the haste, and remember
what peace there may be in
silence.

As far as possible, without sur-
render, be on good terms with all
persons.

Speak your truth quietly and
ciearly;

And listen to others, even to
the dull and the ignorant; they
too have their story.

Avoid loud and aggressive
persons; they are vexatious to the

spirit

iDesiderata, written by Max
Ehrmann in the 1920s.

ON MONDAY, I was bom-
barded by phone calls — in and

.. an excerpt from the poem ;

(a a oe



outside of the journalistic com-
munity — notifying me that
Steve McKinney, a giant joke
and well-recognized talking head
had, in an incendiary and nasty
monologue, launched a scur-
rilous and personal attack on me
when he made erroneous claims
on Island 102.9 FM’s Sunday talk
show Parliament Street.

Personally, I am not a listen-
er/viewer of any of Mr McKin-
ney’s programmes, and I have
never met him.

Frankly, Mr McKinney made
disparaging remarks that were
misleading, factually incorrect
and apparently based upon his
personal feelings. Steve McKin-

YOUNG MAN’S VIEW



Co SELON

ney, who appears to be a pander-
ing demagogue, seems to have a
finely honed ability to bend and
distort reality and, in this case,

’ proceeded to misinform the pub-

lic—presumably upset about a
recent column—and has there-
fore invited a response.

On July 31, The Tribune pub-
lished a column in which I sug-
gested that the new proposal for
the establishment of a Bahamas
National Press Association
(BNPA) appeared to be on the
fast track to crashing and burn-
ing, particularly as most credi-
ble journalists/columnists would
not come close to such an organ-

isation with a 10-foot pole—that -

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TO DISCUSS STORIES ON THIS PAGE LOG ONT

is, as long as Steve McKinney, a
man who is not seen as a journal-
ist by many, remains vice-presi-
dent of the association. I ques-
tioned whether or not this was a
sick joke being played on the

country’s fourth estate, while ©

also highlighting the 2007 elec-
tion campaign in which Mr

McKinney appeared to be a -

political operative and propa-
ganda puppet for the then gov-
ernment, taking a seemingly
biased broadcasting stance on
public-owned radio. It is widely
know that following the present
government’s victory at the polls,
Prime Minister Hubert Ingra-
ham publicly told Mr McKinney
to “find (his) own ZNS” and
summarily fired him, presum-
ably for perceived maistise, of the
public airwaves.

Over time, I have come to
see Mr McKinney as an insuf-
ferable, overrated poser parad-

‘ing around town from one radio

_ Station to another.

In the Yuletide season of
2007/2008, Mr McKinney also
used the Parliament Street plat-
form to attack me, as well as Tri-

bune publisher Eileen Carron’

and then managing editor John

Marquis. I listened and remem- .

bered “what peace there may be
in silence”, choosing not to
respond to his comments..How-
ever, since this week Monday, I
have listened to Mr McKinney’s
recent egregious claims and fac-

- tual errors, and so today I will

address them while discussing
-McKinney’s so-called press club.
On his talk show, Mr McKin-

ney—who reminds me of an.imi-.

tation Rush Limbaugh—said:
“He is no journalist per se, he-is
a school teacher, a young fella

’ who just turned 25, by his’ own

admission in a column he wrote.

Column

“Why are you going to disre-

spect that (presumably meaning -

him and his experience), when
you yourself—you.-are just.a
kid—you just came into the field,
you're not even a journalist; you
write a column and they give you
something every now and then
in the newspapers,” he ranted,
even telling a caller that he did
not consider me a journalist.
Here, Mr McKinney seemed to
have been contradicting himself,
oscillating on what he thought
about me.

Mr McKinney continued:
“Certainly (he is) on the wrong
wicket if he’s gonna go around
the place attacking people whose

shoulders (he) should be stand-

ing on and appreciating that he
could sit at the feet and learn
something.”

At this point, it was clear that
Mr McKinney had implied that I
have never worked in a news-
room—this being breaking news
to myself and all those. who
know me. However, it appears
that Mr McKinney’s unsubstan-
tiated foaming-at-the-mouth

only illustrated an allergy to the”

facts and documentation—in this
case, as it related to me.

Yes, I am an educator. How-
ever, I'am also a trained jour-
nalist. Mr McKinney, I believe,
calls himself a journalist. and

\b4

wants to be seen as a “senior
man”—a leader of a press asso-
ciation—but, had he made the
slightest effort to conduct some

’ form of research, or had he sim-

ply called Tribune news editor
Paco Nunez, he would not have
spewed such blatant misinfor-
mation. Had Steve McKinney
taken his own advice and visited
The Tribune’s morgue, he would
have found news stories written
by myself. Although I had to
leave The Tribune’s newsroom
for college, even today I retain

my byline to pen a new story |

here or there and, at age 20, was
afforded the opportunity to write
a column. Go do your home
work, Steve!

Mr McKinney, you in my
opinion are a pariah in the jour-

. Nalistic community, so what—
pray tell—can I learn at your dis- ©

credited feet that renowned,
credible journalists such as Paco
Nunez, Erica Wells, John: Mar-
quis, Eileen Carron, or even Sir

Arthur Foulkes (now a politi-

cian with oversight of BIS) could
not teach me? What am I going
to learn at the feet of a govern-
ment propagandist—to be a “yes
man”, hiding behind a desk? Sir,
in my opinion, you are not in the
league of Kirk Smith, Phil Smith,
Carlton Smith, Rusty Bethel,
Darold Miller, Wendall Jones,
Picewell Forbes and several of
the other great broadcasters that
have graced the airwaves!

‘In 2007, when other pundits

- criticised this same “broadcast-

er” for what appeared to be
political pandering, an over
abundance of government:.con-
tracts and outright bias on tax-

payer radio, I remained silent

and sympathized with Mr McK-
inney. whose daughter also

.. passed away that year after she
* was brutally stabbed by her

boyfriend, who was the father of
her child.

However, Mr McKinney has,
in making his feeble argument
against me, chosen to sordidly
boost his claim to having more
experience by using the age of
his late daughter as a measuring
stick, saying that I “just reach’
and “well you ain’t start to live

* yet brother, my daughter would

have been older than you, have
more respect.”

He went on to say: “Obvious-
ly, somebody else influences him,
probably some person who he
respects a§ a journalist would

_. have influenced him to constant-

ly write such rubbish and non-
sense.” There is pathology here.
Nothing coul be. further from
the truth.

Steve McKinney : Iso claimed
that I said in a recent column
that “fat people should get a
life.”

That is a complete lie! Fur-
thermore, he claims that “he
attacks me because he don’t like
me, period” and that I merely
“want to be seen and counted.”
These statements are Jaughable
and it is pathetic when such a

“senior journalist” is fervently
demanding my respect. Today,’

Mr McKinney earns the title of
“misinformer of the week.”
There are some journalists
for whom I have’a great-deal of
respect, for eg, Nicki Kelly, Paco

Nunez, Eileen Carron, Athena
Damianos, Wendall Jones, Carl-
ton Smith, Erica Wells, P Antho-
ny White, etc. Some of these per-
sons are genuine journalists,
untarnished by any political
interests or scandal, and who
would be fitting heads of any
press club!

Indeed, it appears that as a
“journalist”, Mr McKinney has
lost his appreciation for journal-
istic freedom, since today he is
merely a propagandist for the

’ government’s mouth piece

(BIS), describing his role on Sun-
day. as “introducing what the
government is saying.” Yet he
has the nerve to talk about
reportage! The joke is that Mr
McKinney claimed, on the same
talk show, that he does docu-
mentaries—hopefully, that’s not
what they now call the dissemi-
nation of government propagan-
da.

Is it possible that Mr McK-
inney has got tired of trotting
behind government ministers,
and is now desperately seeking
to fabricate a feud to increase

his sagging listenership? Could it

be said that accurate reporting
may appear to be a secondary
consideration for Mr McKinney?
Who would want to be in a press
association with people who
work for government run organi-
zations such as BIS? BIS is not.a
part of the media, it is a part of
the propaganda arm of the gov-
ernment!

Journalism

Mr McKinney, if you are such
a great journalist, why did you
chicken out and join the govern-
ment propaganda machine
instead of staying in indepen-

dent journalism? ‘Or, is it maybe

that you couldn’t hack it or
maybe the profession didn’t
want you anymore? The job of
the real press is to speak for the
people, not for the government!

Does Mr McKinney—the
journalist—even write his own
script at BIS? Is this so-called
press club another cheap bid to
feel special, to promote a larger
group—even one comparable to
a lodge?

Bahamians are tired of Mr
McKinney’s arrogant and reck-
less talk.

Mr McKinney should try to

‘work on his personal develop-

ment rather than seemingly
seeking prominence and quick
fixes. This self-appointed vice

’ president should know that such

a press club—without open elec-
tions—is no backdoor route to
prominence or possible electabil-
ity. The news rooms have, for
the most part, all burst into hys-
terical laughter after receiving a
package from McKinney’s press
association, with several mem-
bers of the press openly express-
ing their resistance to even join-
ing a conga line with Steve McK-
inney in a leadership position.

If Mr McKinney really wish-
es to know what other real,
respected journalists think about
him, he should just google the
names “Sir Arthur Foulkes” and
“Larry Smith”. Sir, at times, I
am sorry that you have to suffer
the presence of yourself!

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TRIBUNE SPORTS

FRIDAY, AUGUST 28, 2009, PAGE 9

SPORTS



SPORTS
ili

Jlige approves
Michael

Vick's $20M
bankruptcy plan

FOOTBALL
NEWPORT NEWS, Va.
Associated Press



A JUDGE on Thursday
approved Michael Vick’s
plan to repay creditors $20
million and emerge from
bankruptcy, and the quar-
terback hustled out of court
to prepare for his return to
an NFL field later in the
night with the Philadelphia
Eagles. |
_ U.S. Bankruptcy Judge

Frank J. Santoro said while

Vick is “at the pinnacle of
his profession,” he has
proven unable to ‘manage
his finances in the past and
ordered him to retain a
financial planner as a con-
dition of approval. The
reorganization was over-
whelmingly approved in a
ballot of creditors and by
their representatives in
court, miata

Vick, 29, left the court
soon after with his fiancee,
Kijafa Frink, to catch a
flight back to Philadelphia
and make his debut with
the Eagles in a preseason
game. He was released
from federal custody July
20 after serving 18 months
of a 23-month sentence for
his role in running a dog-
fighting ring.

“I’m happy it’s over. I
can move on with my life,”
said Vick, who was beam-
ing as he left the court-
house. “I think my lawyers
did a great job. I commend
the judge. I commend the
creditors’ committee, every-

. body. We finally got it all
together. I’m just happy we’
‘can move forward.”

The plan approved by
Santoro was supported by
all but one creditor, which
is owed $13,000. It hinges
on Vick liquidating an esti-
mated $9 million in assets,
including houses, boats and
high-end sport utility vehi-
cles and future NFL earn-
ings. He would not have to

Meron te



pay creditors during the
first year with the Eagles.
If successful, creditors
would be paid in six years.

Vick was briefly ques-

tioned by one of his attor-

neys to establish his
employment.
“What do you for a liv-
ing?” Paul Campsen asked
Vick.
“Quarterback,” he
replied in.a hushed voice.
Most of the hearing was
devoted to a thicket of
‘ financial details, a parade
of lawyers to the bar, and
detailed estimates on Vick-
’s future earnings. As an
Atlanta Falcon, Vick was
once the highest paid play-
er in the NFL.
“Do you think the plan
is feasible?” the judge
asked Ira M. Spiegel, a

financial adviser who had °:

examined the reorganiza-
tion plan and will advise
Vick in the future.

“Yes, Ido,” he replied-

“Would it be pretty safe
bet you’d be putting Mr.
Vick on a budget?” the
judge asked.

“Yes,” Spiegel replied.

After paying creditors
and investing his earnings,
Vick would have annual liv-
ing expenses of $300,000,
Spiegel said.

Future payments would
depend on Vick’s salary,
with creditors getting pay-
ments based on how much
Vick earns. The Eagles
have a $5.2 million option
for next year, not including
incentives.











BASEBALL
MIAMI
Associated Press

TIM REDDING pitched |
' 62-3 innings Thursday to give

the Mets’ injury-ravaged staff
a boost and help New York
snap a five-game skid with a
10-3 victory over the Florida
Marlins. oe Sere

Redding (2-4), making his
second start since July 2,

-allowed three runs — all on

leadoff homers — and five
hits.

New York scored nine runs
with two out and tied a sea-
son high with 17 hits. Florida
fielding lapses led to five runs.

Fernando Tatis connected
in the eighth to finish 6 for
13 in the series, and Angel
Pagan also homered for the
Mets. Daniel Murphy dou-
bled twice and drove in three
runs. Wilson Valdez reached
base four times, scored twice
and drove in a run.

The Mets salvaged some-
thing from their visit to Mia-
mi after losing three pitchers
in the first two days of the
series with season-ending
injuries.

Chris Coghlan led off the
Marlins’ first inning with a
home run and went deep
again in the sixth. Dan Uggla
hit his 23rd homer to start the
seventh, but that still left
Florida trailing 8-3.

The Marlins’ Anibal
Sanchez (2-5) lasted only 3
2-3 innings in his second start
since recovering from a
shoulder strain that put him
on the disabled list. He
allowed four runs, two
earned, and eight hits.

«The Mets scored two

unearned runs in the second





Redding, Mets beat Marlins

thanks to an error by first.

baseman Ross Gload, and
added three in the fifth after

- center fielder Cody Ross hes-

itated when he had a chance
to throw out a runner at
third. _

‘ Less than 5,000 spectators
turned out for the afternoon

-game, but there were enough. .
. transplanted New Yorkers to

muster an occasional chant
of “Let’s go Mets:”

They had plenty to cheer
about. The Mets trailed 1-0
before scoring three times in

the second. Anderson Her-:

nandez doubled in the first
run, and another came home
when Gload misplayed a
sharp grounder by Valdez.
Murphy followed with an
RBI double.

Valdez reached on a bunt
single in the fourth, advanced
on an error and scored on
Jeff Francoeur’s two-out sin-
gle. :

_New York scored four runs
in the fifth — all with two out
— to make it 8-1. Valdez hit

an RBI single, Murphy dou: ”

bled home two runs and
Francoeur added a run-scor-
ing single. “

NOTES
e Mets LHP Pat Misch will make

his first start of the season Friday’

against the Cubs.

e The Mets gave 2B Luis Castil-
~ lo and LF Gary Sheffield the day

off. Sheffield is nursing a sore
back.

© Marlins C John Baker (back)
took the day off.

‘e Before his homer, Uggla was 1
for 14 lifetime with eight strike-
_Outs against Redding.



camp after 31 days

FOOTBALL
NAPA, Calif. |
Associated Press

SOON after Todd Watkins
pulled in a touchdown pass

from Jeff Garcia and the .

three horns rang out to sig-
nal the end of practice, the
trucks pulled up and the Oak-

land Raiders started packing |

forhome. . af
Their 31-day stay in wine
country was Officially over
and the Raiders will now
make their final push to the
start of the season at their
year-round headquarters in

- Alameda.

“I’m happy to go home,”
Pro Bowl cornerback Nnamdi
Asomugha said Thursday. “It
was long. I think we are the
only team that’s still in? Gol-
ly.” ’

Some of the issues that
arose since the team arrived
here July 28 will be following
them back home. Most
notably, coach Tom Cable
will still be hounded by
reports that he assaulted
defensive assistant Randy
Hanson at the team hotel in
Napa earlier this month.

The Napa police and the »

NFL are investigating the
attack, which is sure to make
more news in-the weeks to

in wine country

come: Cable said once again

Thursday that he’s not con-

cerned about it.
He’s more focused on the

on-the-field issues that mate-

-rialized in training camp. Af ;
“big. focus this offseason was ee eae

upgrading a passing game
behind quarterback JaMarcus
Russell that has struggled
mightily the past three years.

Russell started slowly in

terms of finding a rhythm

with his receivers in camp but
perhaps had his best two days
of practices this week with
crisp passes that were thrown
on time and on target.

After being somewhat cod-

* dled in his first two NFL sea-

sons, Russell says the passing
game might soon be able to

‘carry the offense on days the

running game isn’t clicking.
“We’re getting there,” Rus-
sell said. “It’s a process and
we're going through it togeth-
er. It’s not like it’s one, per-
son’s job. Everybody’s job has

to be done in order. to get.

there. We’re on our way.”
The Raiders were dealt a
setback in camp when one of
this summer’s early stars,
Chaz Schilens, went down
with a broken bone in his left
foot while running a route in
practice. Schilens emerged
late: last season as a rookie

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM



NEW York Mets'
Cory Sullivan.
(19) steals sec-
ond base as
Florida Marlins’
Dan Uggla fields
the late throw
during the third
inning of a base-
ball game in Mia-
mi, Thursday,
Aug. 27, 2009.

-Alan Diaz/AP Photos



~NEW YORK Mets' Tim Redding pitches against the Florida Marlins during the second inning ofa

. baseball game.

|
|





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PAGE 10, FRIDAY, AUGUST 28, 2009

TRIBUNE SPORTS



Jolin Bull Jets makes donation to
the Cancer Society of the Bahamas

a

THE John Bull Jets gained extra
points off the field with a donation
to the Cancer Society of the
Bahamas in the honour of promi-
nent businessman and an active
member of the community, Garth
M Thompson.

Mr Thompson was not only a

father to the team but also an avid ©

fan.
President and team captain

Philip Rahming said: “The reason .

that we chose the Cancer Society is
because the Thompson family is
very dear to us, have recently lost a
husband, father, grandfather to
prostate cancer, and is helping in
the awareness of prostate cancer.
So we as a team.of men decided to
support them in this.”

The John Bull Jets are not only a ©

football team but also a service
organisation providing help and
service to many members of the
community. The Jets have:com-

mitted ‘themselves to the aware-

ness of prostate cancer as one of
their community involvement over
the next year.

“It is becoming of us to exceed
the standards and expectations of
the sporting world here in the
Bahamas by making our organisa-
tion the top in sports,” said Mia
Campbell, administrator and pub-
lic relations for the John Bull Jets.

The donation was greatly appre-
ciated, and Earl Bethel, president





- Jeff Roberson/AP Photo

‘ST. LOUIS Cardinals starting pitcher Chris Carpenter throws during the second inning of a baseball

of the Cancer Society, said: “I was
“once a Jets fan many years ago,
love football and (grateful) for the
donation and the commitment of
the team as young men in the com-
munity, and. look forward to- the
upcoming relationship between the

- game against the Housten Astros, ei, AUD: 27, 2009, in St. Louis.

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GARTH Thompson’s family and
the John Bull Jets representatives



John Bull Jets and the Cancer Soci-
ety of The Bahamas.”

The John Bull Jets also present-
ed the family.of Mr Thompson and
the society with each a desert rose
representing Mr Thompson’s fight
with cancer and Jets T-Shirts.

(I-r): Minarda Thompson-Powell,
daughter; Irene Thompson, wife;
Philip Rahming, Jets president
and captain; Mia Campbell, Jets
administrator/PR; Earl Bethel,
Cancer Society president; Susan
Roberts, Cancer Society treasurer;



Trent Thompson, grandson, and
Travis Thompson, son.

*

Keppinger homers,
Astros beat

BASEBALL
ST. LOUIS
Associated Press

ONE big swing from Jeff

_Keppinger, hardly a long-ball

threat, eased the Houston
Astros’ frustrations after get-
ting worked over by St. Louis

. Cardinals pitchers.

Keppinger hit a tiebreaking
homer with two out in the
ninth inning and Houston ral-
lied to beat the Cardinals 4-3
on Thursday, avoiding a three-
game sweep.

Keppinger’s shot to left ona

- 2-2 pitch from Kyle McClellan

(4-3) was his fourth of the sea-
son and first since June 19. He

~ has only 17 homers in 1,116 .

career at-bats, so he:was run-
ning when the drive barely
cleared the wall.

“It was kind of nice to see
the outcome,” Keppinger said.
“You ever look up at the
scoreboard and see my totals?”
_ Jose Valverde (2-2) pitched
two scoreless innings for the

Astros, who scored all four
“runs with two outs and won

for only the fifth time in their

lJast 19 road games. They

avoided a second three-game
sweep in St. Louis this season
by taking the final game of a
series that featured only 13
tuns in three one-run contests.

The Astros rallied a day
after Roy Oswalt complained
of a “dead” team atmosphere.
The Cardinals won the first
two games 1-0 and 3-2.

Cardinals 4-3

“This was real big,” Kep-
pinger said. “You don’t give
up just because you’re 10
games or 11 games back. You
know, you play it all the way
out to the end.”

Matt Holliday homered for
the NL Central-leading Cardi-
nals, who lost for only the
fourth time in 19 games. St.
Louis, which had won four
straight overall, went 1 for 10
with runners in scoring posi-
tion. and missed chances to
score in each of the last three
innings.

“We all want to come in
here and high five and play
music and have fun,” Brendan
Ryan said. “But we can’t do
that.”

The Astros tied it on Darin
Erstad’s RBI double off
McClellan in the eighth, spoil-
ing Chris Carpenter’s bid for
his 15th win. Keppinger’s first
homer in 116 at-bats barely
cleared the left-field wall. Hol-
liday made a try for it but.the
ball appeared to sneak under
his outstretched glove.

- “Tt was close,” Holliday said.

-“J felt I had a chance at it and

timed it pretty well. Those are
hit or miss plays.”

Ryan Ludwick’s two-run sin-
gle off Brian Moehler in the
sixth, only his third hit in 17
at-bats against the right-han-
der, put the Cardinals ahead
3-2. Holliday’s 18th homer
came in the second and was
his seventh in 31 games with
St. elles



Barcelona to
face Inter Milan.
in Ghampions
League

: SOCCER
: MONACO
; Associated Press

DEFENDING champion

Barcelona will face Inter
: Milan in the group stage of
; the Champions League.

Zlatan Ibrahimovic and

: Samuel Eto’o could face
: their former clubs after the
: Spanish and Italian champi-
? ons essentially swapped
: strikers in the offseason. The
: toughest group of eight
i drawn Thursday also has
: Dynamo Kiev and Russian
i club Rubin Kazan.

“Samuel will face the

: return leg in the Camp Nou
? full of motivation but we
: also will be able to count on
? a player who will be special-
: ly motivated — Ibrahimovic
? on his return to,San Siro,”
: Barcelona president Joan
-} Laporta said. .

Nine-time champion Real

? Madrid will play AC Milan
: after buying Kaka from the:
: Italians in the offseason: The
? group includes Marseille
i and FC Zurich.

Manchester United: will

: play Wolfsburg, CSKA
: Moscow and Turkish cham-
: pion Besiktas. Chelsea was
? drawn’ with FC Porto,
: Atletico Madrid ‘and
? APOEL Nicosia, a new-
: comer from Cyprus.

Four-time winner Bayern

:? Munich and Juventus, a
? two-time champion, were
: grouped with French cham-
: pion Bordeaux and Maccabi
i Haifa of Israel.

Liverpool will begin its

? quest for a sixth European.
: championship against Lyon,
:' Fiorentina’ and Hungary’s
? Debreceni, the only nation-
: al titleholderin the quartet.

Arsenal avoided big-name

i opponents and any particu--
i larly long journeys when it
‘ towas grouped with AZ Alk-
-i\maar ofthe Netherlands,
? Greece’s Olympiakos and
i Standard Liege of Belgium.

Sevilla will play Rangers,

? Stuttgart and Romanian
; champion Unirea, which
: had never played top-tier
;. football until 2006.

Each team will play~

home-and-away against all
: three opponents, with the
? top two in each group
? advancing to the knockout
? rounds beginning in Febru-
: ary

The first group matches

i are played Sept. 15-16. The
: final is scheduled for May
: 22 in Real Madrid’s Santia-
:; go Bernabeu stadium.

The 32 clubs will share at

? least $1.07 billion in prize:
i money, as UEFA raised
? $1.56 billion in total rev-
? enues from television and
; marketing deals.

Each gets $10.1 million

: for participating, plus bonus-
: es based on results. The final
: is worth an extra $12 mil-
} lion to the winner and $7.4
: million to the runner-up.

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TILE .7T-R1IB UNE

Knowles,

Bhupathi

top contenders
for doubles title

~ By RENALDO DORSETT
Sports Reporter
rdorsett@tribunemedia.net

HEADING into the Grand
Slam finale of the year, Mark
Knowles and Mahesh Bhupathi

are pegged to be top contenders’

for the doubles crown as one of
the tour’s top ranked duos.

The team is ranked third on
the ATP Doubles Team Rank-
ings having amassed 4,390
points in 16 tournaments this
year. ©

Knowles’ former partner,
Daniel Nestor, along with
Nenad Zimonjic is the top

tanked team on the tour with.

8,650 points in 18 tournaments,

followed by familiar adversaries

Mike and Bob Bryan with 8,025
points in 19 tournaments.

Lukas Dlouhy and Laender
Paes are fourth with 3,740
points while Lukasz Kubot and
Marach Oliver round out the
top five with 3,050 points.

_ While the US Open draws for
both Ladies’ and:Men’s Singles
were released yesterday, Dou-
bles and Mixed Doubles draws

will. not be released until the

week of the 31st.

. pltnowles, and d Bhupathi, along |

| Ranked third

in doubles

team rankings

with many of the other top dou-
bles squads are currently sitting
out competition this weekend
at the Pilot Pen Tennis Tourna-
ment in New Haven, Connecti-
cut and resting for the US
Open...

Both Knowles and. Bhupathi
boast favourable records at the
Grand Slam ‘with championship

. titles won with former team-

mates.

Knowles and Nestor won the
‘US Open title in 2004, while

Bhupathi and Minny’ won in
2002.

Both veterans on tour, ‘this
will be Knowles’ 15th appear-
ance at the US Open; while
Bhupathi will play in his thir-
teenth.

His Grand Slam resume this

.season includes a runners-up

finish at the Australian Open,
a third round exit at Roland
Garros and a suarter ine) loss at
Wimbledon.

e cinerea MARINE
Bahamas. Rotary =



































RO Ease

o John Bull



New Providence
powerlifting _
championships
set for this
weekend

AFTER being dormant on the

: local sporting scene for quite some
4: time, The Bahamas Powerlifting ©

: Federation is preparing to make
: a return with its marquee event
i this weekend.

The Federation will host. the

: New Providence Championships,
: Saturday. 29th, August at the Col-
: lege of The Bahamas Wellness and:
: Fitness Center.

The event returns from a near

: decade long hiatus as interest in
: the sport had waned and organis-
: ers struggled to find competitors.

‘ Competition begins at 10:00am;

with weigh-ins occurring at 8:00am.

' Federation President Rex Burn-

: side said he expected approxi-
|: mately 30 lifters including many

| | newcomers contesting nine divi-
: sions for men and five divisions
: for women.

Burnside noted the reintrodiic-
ion for the New Providence



: Championship became necessary
| ; because of the steady growth in
i the sport among younger lifters.

With the increasing number of

i athletes involved in powerlifting
: according to Burnside, the younger
: lifters are asking for more compe-
; titions which would keep them
: active and prepared for powerlift-
: ing year round.

The youth movement in the

: sport will be cemented with Keith
: Cox of COB’s Wellness Center,

i serving as the federation’ s Youth:
; Director.

Application forms for the New

Providence Championships can
i.be picked up. from..any- local
: gymnasium.


















o Bahamas Bus & Truck
o Nassau Agencies (1995) Ltd
: o Nassau Motor Company
Cae a . oKing & Co o Sunshine Insurance
o Harbourside Marine Py oCitl Bee) SS REC.






0 SG Hambros. 0 Cycles Unlimited o Media Enterprises Ltd -
oGreen Parrot o KPMG o Executive Printers

o Kerzner International o Outdoor World o SunTee Embroider Me

o Ministry of Tourism 0 Pinder Enterprises ©The Tribune A

o Arizona/BWA o Pinder Tile Judges —

o Bahama Ferries -oNPDC ROTARIANS



ROTARACTORS



o The dAlbenas Agency o Family Guardian



Congratulation:

alma saat

Richard caughta

NCU Ce li helene late Be Vel oly

with Nick Rademakey of -

Haroourside Marine bie ic
Fy his t trophy, ‘

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PAGE 12, FRIDAY, AUGUST 28, 2009

THE TRIBUNE



Government continues with its Family

Island healthcare services initiative

ay MATT MAURA

NICHOLL’S TOWN, Andros -
Chronic, non-communicable diseases
(CNCD) such as hypertension, dia-
betes and respiratory illnesses have
accounted for almost one-fourth of

the 8,000 annual visits to the —

Nicholl’s Town Community Health
Centre over the past five years, Min-
ister of Health Dr Hubert Minnis
said.

Dr Minnis said statistics further
show that respiratory illness was the
leading cause of clinical visits by
infants, school children, and pergene
over the age of 15.

. The relaunching of healthcare ser-

vices at the Nicholl’s Town Commu- |

' nity Health Centre will allow health
officials to provide “an even more
comprehensive kind of treatment”
to residents of North Andros par-
ticularly as it relates to the preven-
tion and treatment of CNCDs.

He urged residents of North
Andros to “take full advantage” of
the services at the newly-refurbished
health centre and to ensure that they
receive regular check-ups in order
to remain CNCD free.

“Prevention is still better than
cure,” he said.

Dr Minnis was accompanied by
the Member of Parliament for North
Andros and the Berry Islands Vin-
cent Peet and officials from the Min-
istry of Health, the Department of

Public Health and the National

Insurance Board.

CNCDs are still the major cause of
illness and hospitalisation worldwide,
Dr Minnis said.

“The relaunching of the health-
care services here in Nicholl’s Town
and other parts of the Bahamas is
part of the government’s overall plan
to ensure that the provision of com-

_ prehensive primary healthcare ser-

vices is extended to every Bahami-
an,” he explained. |
Two weeks ago, the Miriam Green

Community Health Centre in John- .

son Bay, South Andros was
relaunched. i.

Health officials say the provision
of increased healthcare services at
the Miriam Green Centre will lead
to the expansion of primary health-
care services in South Andros

- through the provision of dental, X-

Ray, emergency, maternal and oth-

er services. ‘
The new Miriam Green Centre,

Dr Minnis said, is “evidence” of the
ministry’s commitment to improv-
ing quality primary healthcare ser-
vices throughout the Bahamas.

The fight to reduce CNCDs comes
almost 30 years after health profes-
sionals won. the fight against com-
municable and infectious diseases,
he said.

In order to address these issues,

healthcare services are being restruc- .
tured. They will focus on preventa-

tive care, he said.
“Access to affordable primary

healthcare services is the goal of the
‘Ministry of Health,” Dr Minnis said.

“Over the past two years, strategies
have been developed to improve
access to services through known
standards and quality guidelines.
“As a result, the four main poly-
clinics in New Providence are linked
to clinics in the Family Islands which
will provide additional expertise and
support to residents of those

Wier ae Nr Bahamas.
CER ee eeE cece s

www.mastertechbahamas.com



islands.”

An additional benefit twill be that
Family Island residents, if they have
to visit one of the “linked” polyclin-
ics in New Providence, can be treat-
ed by the same doctors who treated
them in their island of residence, the
Health Minister said.

While other improvements will

take place, the onus is on the resi-
dents of North Andros, and citizens
throughout the Bahamas, to:take
responsibility for their own health

DR HUBERT
Minnis (right),
Dr Lyke
Ugwuoke
(centre), dis-
trict medical
officer for
Nicholl's Town
_ and Mastic
-Point, and
Member of
Parliament for
_ North Andros
_and the Berry
Islands Vin-
cent Peet, tour.
the Nicholl’s
Town health
facilities.

by exercising, eating the right foods
and practising healthy lifestyles in
an attempt to reverse the trend of
CNCDs, Dr Minnis advised. He also-
encouraged residents to work close-
ly with their healthcare teams.
“This partnership is needed to
reverse the trend of obesity, high
blood pressure, diabetes, cancers and
other chronic illnesses which con-
tinue to rob us of our ability to enjoy

the best that life has to offer,” Dr

Minnis said.

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Insurer’s
net income
drops
66.7% hay
2009



* Security & General
profits hit by $2m
claims increase
* Company takes
provision for some
$2m, or one-third, of

$6m in outstanding
premium income ~
payments owed to it |
by agents

By NEIL HARTNELL ©

Tribune Business
Editor



A major Bahamian
general insurance carrier
saw its net income for its
2009 financial year _ ,
slump by 66.7 per cent
to just $286,963, as a
modest increase in net
premium income was
more than offset by a $2
million increase in
incurred claims to $5.597
million.

Security & General,
which is 70 per cent
majority-owned by
Bermudan insurance~
group, Colonial Group
International, was the
least profitable of all the
five Bahamas-based
general insurance carri-
ers during the past five
years, its rivals Royal-
Star Assurance,

Bahamas First, Summit
and Insurance Company
of the Bahamas all
reporting net income in
the multi-million dollar
range for 2008.

And Security & Gen-
eral’s results for the
financial year ended on
January 31, 2009, show
that the company has
suffered a cumulative .
$1.719 million net loss
for the 19 yeats since it
first started writing busi
ness in the Bahamas,
this sum being the accu-
mulated deficit it has
run up.

And on the balance.
sheet, the key item of
note was that Security &
General, as at January —
31, 2009, was owed
$6.436 million by agents :
and brokers who wrote
and sold policies for it.

This sum represents
largely insurance premi-
um income that should
be passed to the carrier,
yet the figure had risen
by 7 per cent year-over-
year, compared 'to 2008’s
$5.986 million.

_. And Security & Gen-
eral had taken a loss

rovision for some

2.113 million of this:
amount, meaning it
believes it will be unable
to collect 32.8 per cent -
‘one-third - of that *
amount.

Tribune Business has
been told by sources close
to the matter that Secu-
rity & General is already |

SEE page 5B



FRIDAY,

ECTION B ¢ business@tribunemedia.net

AUGUST 28,

2009

3-4m Pageant boost.
for Bahamian firms

HH Companies say Miss Universe revenues ‘valuable to survival during recession
(8 Three Bahamian firms contracted for each of Pageant’s six events, say organisers,

with occasion forming part of ‘economic stimulus package’

Showcase proves to world that Bahamas can handle, and make success of large
events, potentially acting as spur to attract others

OWEN BETHEL

Data deficiencies
complicates TIEA
signing strategy



















RAY WINDER

By NEIL HARTNELL

Tribune Business Editor

- The Bahamas must not be
the first to sign a Tax Infor-

mation Exchange Agreement ©

(TIEA) with a country where
a significant number of its

financial services clients come

from because it. could then
lose them, Tribune Business
was told yesterday, but a lack
of hard data would compli-

cate decision- -making on this: -

jjssue.,
Raymond Winder, manaing

‘partner at Deloitte & Touche

(Bahamas), said that because

‘the financial services industry
and the Government lacked
‘comprehensive data on the

sector’s overall client make-
up, it was difficult to deter-

mine all the countries that.

supplied a significant per-
centage of its high net-worth
and ultra high-net worth
clients.

Arguing that the Bahamas’
continued stay on the G-
20/OECD ‘grey’ list of nations
that had yet to implement
‘global standards’ on tax
transparency and information
exchange was unlikely to have
any impact on the country’s
financial services sector in the
short-term, Mr Winder said:
“What is more of an issue
from the client point of view is
who the Bahamas agrees
TIEAs with. That will be or
more interest to the clients.

“Clearly, I think the Gov-

ernment needs to move in .

that direction, but they need
to pay particular attention to
who we’re signing up with.
We don’t want to be the first
to sign up with countries we
have a significant number of
client relationships with.”
‘But he added: “Because we
in the Bahamas don’t know
where much of our client

SEE page 2B.



By NEIL HARTNELL
Tribune Business Editor

Bahamian businesses that
provided services to the Miss
Universe Pageant received a
collective $3-$4 million rev-
enue injection into their com-
panies, the event’s local co-
ordinator told Tribune Busi-
ness yesterday, something
those firms had said was

-“valuable” to their survival

Senior accountant
warns Bahamas must. -
not be first to sign tax.
deal with country large
numbers of clients

from, as.business could
flee, but lacks-

information to assess

opportunities/losses

during the recession. _
“We can safely say that

we’re probably looking at /

anywhere in the range of $3-
$4 million being injected into
businesses in terms of their
operations,” said Owen
Bethel, when asked about the
Pageant’s impact for the 30-40
Bahamian companies who
supplied services to it.

SEE page 4B

















































































FAMILY GUARDIAN

INSURANCE COMPANY LIMITED:



Water Corporation’s

‘hundreds of millions’
in investment :
requirement

* Corporation covering just 60 of operating expenses
* Pipes in ‘old Nassau’, between Dick’s Point and

Arawak Cay, all need digging up and replacing
|* New business plans to address non-revenue water,
| staffing, water barging

By NEIL HARTNELL
Tribune Business Editor





fe









The Water & Sewerage Corpora-
tion. requires “hundreds of millions
of dollars” in investment to turn its
deteriorating financial performance
around and meet future infrastruc-

ture requirements, a government min-

SEE page 3B









PHENTON
NEYMOUR




Almost $151 in airport
contracts go to Bahamians

By CHESTER ROBARDS
Business Reporter ~
crobards@tribunemedia.net

THE NASSAU Airport Development Company (NAD)
has to date spent $10.4 million in the Bahamas on design, engi-
neering and consulting for the Lynden Pindling International
Airport (LPIA) redevelopment, its chairman said yesterday,
while $14.8 million has been awarded in construction contracts
to Bahamian firms.

Frank Watson, who is also chairman of the Airport Author-
ity, said 73 per cent of labour on the project will be provided
through Bahamian contractors, while a "significant" amount of
work awarded to international firms will be sub-contracted to

-local companies..
“In the upcoming months, approximately 40 contractors will

SEE page 6B




























































FAMILY GUARDIAN 396-1355 | BAHAMAHEALTH 396-1300 | FG CAPITAL MARKETS 396-4076 | FG FINANCIAL 396-4080

FU laa Tse Sor Usa

ABACO | ELEUTHERA | EXUMA | CORPO






E CENTRE: EAST BAY STREET | www.famguardbahamas.com

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PAGE 2B, FRIDAY, AUGUST 28, 2009

THE TRIBUNE



a Ee eee eee
Environmental concerns

Data deficiencies
complicates TIEA
signing strategy

FROM page 1B

business is coming from, because we do not have that data, it
makes it difficult to size up opportunities and losses that might
occur if we sign with certain countries.”

Mr Winder said that although the G-20/OECD had estab-
lished 12 TIEAs as the so-called ‘global standard’ that all coun-
tries had to reach, the Bahamas would ultimately have to sign
more treaties with all countries who wanted one.

Yet although the Bahamas had to achieve the same status as
Bermuda, the Cayman Islands and the British Virgin Islands
and make the ‘white’ list, it still had some six to nine months to
achieve this aim.

Tribune Business yesterday revealed that the Bahamas is the
last major international financial centre in the Western Hemi-
sphere on the G-20/OECD ‘grey list’ of nations.

Ryan Pinder, the Bahamas-based attorney and representative
for US law firm, Becker Poliakoff, said the effectiveness of the
Government’s recent statement announcing that it would meet
the OECD’s target of having 12 Tax Information Exchange
Agreements (TIEAs) in place by 2009 year-end, and identify-
ing the nations it was negotiating with, was “being diminished”
by the apparent failure to make concrete progress.

While the Bahamas to-date still has a solitary TIEA with the
US that it signed back in 2002, all three of the Cayman Islands,
the British Virgin Islands and Berniuda are now sitting on the
G-20/OECD so-called ‘white list’, having met:the standards on
tax transparency and information exchange.

The Bahamas, though, is still on the ‘grey’ list of countries
that had committed to meeting these standards but have yet to
do so. It also has fewer TIEAs than the likes of Antigua & Bar-
buda and the Netherlands Antilles, which both have seven,
Liechtenstein and Monaco, which have three and four respec-
tively, and market leaders like Singapore and Switzerland,
which have five and three TIEAs in place.

“If the Bahamas is not moving in step with its competitors,
and if it is not ahead of its competitors, the perception might be
that it is not as capable as other countries,” Mr Pinder told Tri-
bune Business.

“The Government has pledged to sign the required 12 TIEAs
by the end of the year, but the longer it takes to sign them, the
more the perception that our competitors are more ahead of the
game than we are. We’ve not signed any, while our competitors
have signed a number of them.”

re Notice
| NOTICE
GALVENSTON VALLEY LIMITED

—

Noticeis hereby giventhatinaccordance with Section 138 (8)
of the International Business Companies Act 2000, the dis-
solution of GALVENSTON VALLEY LIMITED has |
been completed; a Certificate of Dissolution has been issued

and the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
* Liquidator)

Legal Notice

NOTICE
; LURCH COMPANY LIMITED

Notice is hereby given that in accordance with Section 138 }
(8) of the International Business Companies Act 2000, the
dissolution of LURCH COMPANY LIMITED has
been completed; a Certificate of Dissolution has bent issued

and the Company has therefore been struck off the Register.

~ ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE
_ STAEL INVESTMENTS LTD.

Notice is hereby given that in accordance’ with Section
138 (8) of the International Business Companies Act 2000,
the dissolution of STAEL INVESTMENTS LTD. has
been completed; a Certificate of Dissolution has been iS-

sued and the Company has therefore been struck off the

Register.

ARGOSA CORP. INC.
(Liquidator)



By CHESTER ROBARDS
Business Reporter —
crobards@tribunemedia.net



THE GOVERNMENT is concerned
about environmental issues the at the
Grand Bahama-based South Riding
Point oil storage terminal, sources close

.the Ingraham administration said yes-

terday, with its owners having inked
an agreement in principle to sell the
property in a $263 million subleasing
deal after it was unable to get a lease
extension.

Sources said the Bahamas Agricul-
tural and Industrial Corporation
(BAIC), which leases the terminal’s
land.and seabed to World Point Ter-
minals, South Riding Point’s current
owner, was concerned about potential
oil spills due to the conditions of some
tanks.

“There are certain things that BAIC
is not pleased with from an environ-
mental stand point - they could have
kept the property in better shape,” said
the source.

Both the minister of the environ-
ment, Earl Deveaux, and the minister
of state for environment, Phenton Ney-
mour, said they knew nothing of the
claims of possible environmental con-
cerns at South Riding Point. However,
Mr Neymour told Tribune Business he
would look into it.

Sources also suggested that BAIC
was unwilling to extend World Point’s
lease at South Riding Point, which

expires in 2019, due to the environ-

mental concerns. As a result, the com-



uo

EARL DEVEAU

lion. deal to sell the property to Nor-
wegian company StatoilHydro, as the

latter had the financing necessary to’

upgrade facilities and negotiate a sub-
lease with the government.

Extension

According to a release issued by Sta-
toilHydro, the purchase was contin-
gent upon: “A long term extension of
the ground lease with the Bahamian
government on terms solely accept-
able to StatoilHydro; a satisfactory due
diligence; and aprovals and necessary
clearances from relevant government
authorities in the Bahamas.”



‘affect $263m terminal deal

The company expects to receive all
the government approvals for the pur-
chase by the 2009, third quarter, and
aims to close the deal by year-end.

The purchase will also include World
Point's 50 per cent interest in the Free-
point tug and towing Service tug boat
business. According to the release, Sta-
toilHydro has leased storage space at
South Riding Point since 1993.

StatoilHydro recently entered into

' a separate agreement with Bahamas-

registered BPC Limited to explore
areas of the southwest Bahamas for
underwater oil fields.

That deal has been awaiting govern-
ment approval as well, and the conclu-

sion of a maritime boundary issue with

Cuba which was submitted to the Unit-
ed Nations recently.

“We're in discussion with the Cuban
government and it's being overseen by
the Ministry of Foreign Affairs, which
has affected the ability of the compa-
nies to do research in assigned areas,”
Mr Neymour told this paper recently.

It is thought that the Bahamas could
hold up to 500 million barrels of oil
that could begin to be drilled and
refined in about 10 years.

StatoilHydro's move to secure an oil
containment facility could mark its con-
fidence in drilling viable oil wells in

the Bahamas.

However BPC’s director and chief
operating officer, Dr Paul Crevello,

. told this paper that due to the $30 to

$70 million price tag on oil platforms,
no drilling will commence until Sta-
toilHydro is reasonably sure the area
holds oil.

pany had decided to ink a $263 mil-

Legal Notice

NOTICE
CORPORACION TONAR S.A.

Notice is hereby given that in accordance with Section 138
(8) of the International Business Companies Act 2000, the
dissolution of CORPORACION TONAR S.A. has
been completed; a Certificate of Dissolution has been issued

and the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE
CRYSTAL ASSET

MANAGEMENT LTD.

Notice is hereby given that in accordance. with Sec- |

tion 138 (8) of the International Business Companies
/ Act: 2000, the dissolution of CRYSTAL. ASSET
MANAGEMENT LTD. has been completed; a
Certificate of Dissolution has been issued and the

‘Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice
NOTICE }
SUNWATER LIMITED

Oe

Notice is hereby given that in accordance with Section 138
(8) of the International Business Companies Act 2000, the
dissolution of SUNWATER LIMITED has been com-
pleted; a Certificate of Dissolution has been issued and the

Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM

| INVESTMENTS

Legal Notice
NOTICE
EPICA SPRINGS LTD.

Notice.is hereby given that in accordance with Section 138 ]_

| (8) of the International Business Companies Act 2000, the

dissolution of EPICA SPRINGS LTD. has been com-
pleted; a Certificate of Dissolution has been issued and the
Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE
JARODIONO INVESTMENTS LTD.

Notice is hereby given that in accordance with Sec-
tion 138 (8) of ‘the International Business Compa-
nies Act 2000, the dissolution of JARODIONO
LTD. has been completed; a
Certificate of Dissolution has been issued and the

Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE
TWO HILLS LTD.

Notice is hereby given that in accordance with Section
138 (8) of the International Business Companies Act 2000,
the dissolution of TWO HILLS LTD. has been com-
pleted; a Certificate of Dissolution has been issued and

the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)







THE TRIBUNE

FRIDAY, AUGUST 28, 2009, PAGE 3B



eee ee ee eee
Colina enjoys 25.7% first half profit rise

By NEIL HARTNELL
Tribune Business Editor

Despite a slight decline in
second quarter net income,
Colina Holdings, the BISX-list-
ed parent of ColinaInsurance
Company, yesterday unveiled
a 25.7 per cent increase in 2009
first half-net profits to $3.3 mil-
lion, driven largely by a 5.7 per
cent rise in premium revenue.

Net policyholder benefits
increased by $5.2 million to
$50.3 million, but this was offset
by an almost $3 million reduc-

Comes despite slight decrease in second quarter net income



from $14.8 million in 2008 to
$11.9 million last year.

In a statement, Colina Hold-
ings added that improved med-
ical loss ratios had aided prof-
itability in its health division.

“The outlook for the remain-
der of 2009 will be strongly
influenced by the progress of
the global and local economy,”
Colina Holdings’ vice-chair-
man, Emanuel Alexiou, said.

“With the modest perfor-

mance of the local equity mar-
kets and residual effects from
the US economy, net invest-
ment income yielded lower
returns, decreasing to $10.9 mil-
lion for the six month period
compared to $12.9 million in
the prior year.

“Net investment income con-
tinues to be affected by
depressed market conditions.
However, those results were
softened by a rather significant

reduction in administrative
expenses, reflecting improve-
ments in operational efficien-
cies. Our balance sheet contin-
ues to reflect high quality
investments, and invested assets
remain a significant proportion
of the asset base, comprising 85
per cent of total assets.”

Net income attributable to
the company’s ordinary share-
holders grew to $2.3 million or
$0.09 per ordinary share, com-

tion in administrative expenses

Firm launches membership initiative with global reach

By CHESTER ROBARDS
‘Business Reporter
crobards@tribunemedia.net

THE ONE-year fashion success, Pri-
madona, yesterday launched a member-
ship programme with benefits beyond the
border of the Bahamas, according to the
company's principal.

Tyrina Neely said the new $50 annual
fee membership programme will offer dis-
count shopping in Chicago and New York
in participating stores, and even gynt mem-
bership during short or long stints in those
US cities.

According to Ms Neely, her virtual shop-
ping network has been extremely success-
ful since its inception this time last year,
turning a profit in just one year, after an ini-

tial outlay of "tens of thousands of dol-
lars”.

Ms Neely was the recipient of a grant
from the Government’s self-starter pro-
gramme, and has decided to accord the
minister in charge of that initiative,
Desmond Bannister, with the Humanitari-
an Small Business Youth Award during
the company's first anniversary event on
Paradise Island this weekend.

"The self-starter programme was really
pivotal in getting those extra things that
we needed," she said. She said-the event,
which is by invitation-only, will be the
biggest event she has hosted thus far.

Ms Need, who holds monthly parties for
women looking for high-fashion not found
in the Bahamas, said men have expressed
interest in having a night of their own of

shopping. "Guys have been asking," she

said.

Primadona is also set to. launch its online
store in October, opening the door to new
markets.

"2010 is going to be amazing,” said Ms .

Neely. "There has been a great response.”
Local businesses have taken an interest
in Primadona's business model, and have
come on board to sponsor Saturday's
anniversary party. and award ceremony.
Ms Neely said many sponsors took inter-
est in her business and have committed
themselves to the company through 2009.
Companies such as BTC, Starbucks,
Burns House, Fiji and Tristar Insurance
have come together to sponsor this young

entrepreneur. Saturday’s event will feature «

the music of rising local star Julian.

Water Corporation's ‘hundreds of millions’ in investment requirement

FROM page 1B

ister said yesterday, with cur-
rent revenues sufficient to cov-
er just 60 per cent of its operat-
ing costs. .

Phenton Neymour, minister
of state for the environment,
told Tribune Business that the
development of a new 10-year
business plan for the Water &

Sewerage Corporation aé part-

of an: Inter-American Devel-
opment Bank (IDB) funded
project was “critical” to its
future viability and sustainabil-
ity, as it would seek to address
the key issues facing the water
supplier.

“One thing is obvious. To
turn the Water & Sewerage
Corporation around, it will
require an aggressive pro-
gramme by the Government,”
Mr Neymour said, “and to-do
so will require significant invest-

ment of funds.

“The question is whether the
Government-has the capacity. :

to do so under the current eco-
nomic environment. That is
something we must-address and
. be willing to.discuss openly.”

The Water & Sewerage Cor-
poration’s main financial chal-
lenges, Mr Neymourt said, were
“meeting payroll, meeting pay-
ments to vendors, the water
producers, to cover their costs.
Water & Sewerage covers only
60 per cent of its operational
costs. These are the major chal-
lenges being faced.”

The minister added that
numerous studies had been
conducted on the level of
investment the Water & Sew-
erage Corporation needs, both
to cover its current operations
and meet future infrastructure
needs, the most recent one by
Chester Engineering.

“It is in the hundreds of mil-,

lions’of dollars that will be
required,” Mr Neymour said.

He added, though, that with
the focus always being on the
water side, the sewerage ele-
ment of the Water & Sewerage
Corporation’s business was
often overlooked.

Mr Neymour said the con-
crete pipes dating back to the
1920s, which lie under Bay

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Street and downtown Nassau,
all needed to be replaced. “It
will require significant invest-
ment to dig up the old Nassau

‘ area going from the ridge

north,” he explained, “and

‘ranging from Dick’s Point in

the east past Arawak Cay in
the west. It’s a huge area that

requires significant upgrades.”

Disclosing that a Spanish
consulting firm, Castilla, had
been hired some time ago and
submitted a business plan pro-
posal to the Government fol-
lowing a review of the Water
& Sewerage Corporation’s
operations, Mr Neymour said
one concern being assessed was
whether the Corporation
should continue barging water
from Andros to meet New
Providence’s water demands.

“One of the issues being
addressed is whether we should
continue with the shipping
operation, which is a major

. expense. of the Water & Sew-

erage Corporation,” the minis-
ter revealed.

“The issue is not just the
expense; it’s also the quality
being supplied out of Andros.
The salinity of the groundwater
reservoirs in Andros increased
as a result of the storm surge
in 2004, which affected the
quality of a product that must
be blended with reverse osmo-
sis water. The viability must
also be weighed with regard to
the quality of the product and
meeting World Health Organi-
sation standards.”

Until recently, the Water &
Sewerage Corporation obtained
the majority of the nine mil-
lion-plus imperial gallons of
water supplied to New Provi-
dence per day from Andros,
although this has now been
superseded by the six million

gallons per day supplied by |

New Providence’s Blue Hills
reverse osmosis plant. The
Andros barging operation has
come under criticism, though,
especially when rough seas pre-
vent the barge from sailing, as
this has in the past caused water
shortages on New Providence.

With non-revenue water, the .

amount of water lost via leaks
from the Water & Sewerage
Corporation’s distribution sys-

Human Resources Partner
PricewaterhouseCoopers

P.O. Box N-3910

’ Nassau, The Bahamas



tem, standing at five million gal-
lons per day or 50-per cent of
water produced, Mr Neymour
said the role the Government-
owned entity should play in
reducing this would also be
dealt with in the new business
plan.

“We have to look at staffing
at the Water & Sewerage Cor-
poration,” Mr Neymour added.
“Staffing expenses are signifi-
cant and to almost as much as
water production costs.”

However, a major burden on
the Water & Sewerage Corpo-
ration’s financial position is the
disparity between the relative-
ly high price it pays for reverse
osmosis water in the Family
Islands, and the relatively low
price this is sold to consumers
for, something that resulted in
constant losses.

Looking at this situation, Mr
Neymour said “the Bahamian
people can see why the Water
& Sewerage Corporation is in
the position it currently is.

‘He added: “Twenty-plus
years ago, our groundwater
resources were significantly
larger in the Family Islands
than they are today. Due to
development, a number of well-
fields have been overpumped
or encroached upon.

“As a result, we have had to
find new technology to supply
consumers. That supply comes
at a cost, and that is why there
is a disparity between the sell-
ing price and the purchase
prices of reverse osmosis water.
Those are issues that have to
be addressed.”

The solution, Mr Neymour
said, needed to be implemented
on an island-by-island basis, as
Abaco, for example, still had
substantial groundwater
resources that did not require

the island to have a reverse —

osmosis plant.
As a result, water production
costs there much lower than on

Eleuthera, which had suffered ©

from the overpumping of well-
field, especially in the Bogue
area. “The circumstances the
Corporation is being faced with
are changing day by day as a
result of development through-
out the Bahamas,” Mr Ney-
mour said.







ario A. Carey, CRS, CIPS, CLHMS
: resident & CEO

Tel:242-677-825 | Cell: 357-7013.

_www.mariocareyred

pared to net income of $1.7 mil-
lion or $0.07 per ordinary share
for the same period in the prior
year. “The first half of 2009
yielded very satisfactory results
for Colinalmperial,” said Mr
Alexiou. “This year has pre-
sented both economic chal-
lenges and opportunities on a



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global scale, but we were able
to deliver a strong performance.
“We have confidence that we
can meet our business objec-
tives, fiscal responsibilities and
community obligations during
these challenging times. Addi-
tionally, to bring further focus
to the company’s strategies in
the life division, the Board has
appointed Lynden Nairn as
vice-president, life division.”



















THE UNIVERSITY OF THE WEST INDIES

OPEN CAMPUS

HEAD, UNIVERSITY OF THE WEST INDIES, OPEN CAMPUS, TRINIDAD AND TOBAGO

Applications are invited for suitably qualified persons for the post of Head, University of the West
Indies, Open Campus, and Trinidad and Tobago.

Responsibilities:

The Head reports to the Director of Open Campus Couey Sites who is based at Mona, Jamaica. The
appointee will be expected to administer the University’s operations at multiple sites in Trinidad and
Tobago. The Head of the Open Campus Trinidad and Tobago will be expected to oversee the
management of student matters in all sites; develop, promote and implement continuing education
programmes in accordance with the Open Campus policy and community needs; promote the creative
arts and cultural outreach in the communities in which Sites are located; and engage in research -
activities within his/her competence. The appointee will exercise a leadership role in the community
with regard to the development of adult education, technical and vocational training and continuing
education and related activities, such as the identification of adult education needs and assisting in the
training and education of educators and community leaders.

Qualifications/Requirements:

The appoititee should have:

j

at least a Master’s degree or equivalent in an appropriate discipline
a track record of research and publication
a background in developing and implementing continuing education programmes
extensive managerial experience ina tertiary education environment

outstanding team building skills

knowledge of the online and distance learning environment

excellent oral and written communication skills

Experience in working ina distributed environment will be a distinct advantage.

Detailed applications giving i) full particulars of qualifications and experience, date of birth, marital
status and nationality; and ii) the names, titles, mailing and e-mail addresses, fax and telephone numbers
of three (3) referees should be sent as soon as possible to the: University Registrar, The Office of
Administration, The Vice Chancellery, University of the West Indies, Mona, Kingston 7,
JAMAICA, via E-mail: (oadmin@uwimona.edu.jm) or Fax: (876) 977-1422.

Further particulars of the post may be obtained by visiting the web page (http://www.uwi.edu).

Closing date for receipt of applications - September 30, 2009.

We thank all applicants for their interest in working with us in the Open Campus, however
only shortlisted applicants will be contacted.

POM Rott PERO ERS ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM







PAGE 4B, FRIDAY, AUGUST 28, 2009

THE TRIBUNE



3-4m Pageant boost for Bahamian firms

FROM page 1B

“That’s exclusive of the
franchise fee. From all indi-
cations and the reports these
firms have given, not from our
own research, they certainly
thought the Pageant was valu-
able to them in terms of their
own sustainability during a
down period.”

Mr Bethel, president and
chief executive of the Mon-
taque Group, the Nassau-

based financial services *

provider, told Tribune Busi-
ness that the figure of 30-40
Bahamian airlines, ground
transportation firms, techni-

cal support providers and des-
tination management compa-
nies who participated did not
include Bahamians hired in
an individual capacity, imply-
ing that the overall benefits
may have been greater and
felt more widely.

“That figure’s short of the
individuals who were con-
tracted, like seamstresses, so it
does not account for individ-
uals who might have been
independently contracted,”
Mr Bethel told Tribune Busi-
ness. ,

He added that three differ-
ent Bahamian contractors
were required for each Miss

Legal Notice

NOTICE
ARISEN FINANCIALS
HOLDINGS LTD.

Notice is hereby given that’ in accordance with Sec-

tion 138 (8) of the International Business Com-

panies Act

2000, . the. dissolution of ARISEN

FINANCIALS HOLDINGS LTD. has been com-

pleted; a Certificate of Dissolution has been issued and

the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

Universe Pageant event, to
fulfill functions such as sound,
lighting and the decor. With
five major events having been
held, Mr Bethel said this
meant 15 different Bahamian
companies had been given
work, and the final night’s
presentation and pageant
brought the total to at least
18.

“We deliberately intended
that,” said Mr Bethel of the
Pageant organisers’ intention
to spread the wealth around
Bahamian-owned and based
businesses.

“We tried to get as many
groups, persons and entities

involved in the event as pos-
sible, and to benefit from it. I
would say that was very effec-
tive.”
Mr Bethel described the
economic impact from stag-
ing the Miss Universe Pageant
as “very significant” at a time
when the Bahamian econo-
my, already mired in reces-
sion and rising unemploy-
ment, was staring at the start
of the tourism slow season.
“During a period when
there was a downturn in
arrivals from a tourism per-

spective, and in terms of the.

wider economy, that was part
of the economic stimulus

Legal Notice
NOTICE
WAKEUP LOOK INC.

v

Notice is hereby given that in accordance with Section 138
(8) of the International Business Companies Act 2000, the
dissolution of WAKEUP LOOK INC. has been com-
pleted; a Certificate of Dissolution has been issued and

the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

. package,” Mr Bethel told Tri-

bune Business. ,
“The timeliness of it in

terms of persons looking at it

and considering a place to go
come the fall and winter peri-
ods [was great], and the
Bahamas registered very
strongly from the public rela-
tions it got from a medium
and long-term perspective.”
Mr Bethel added that by
hosting the Miss Universe

‘Pageant the Bahamas had

shown a global audience it
had the capability to handle
large events that featured
intense media scrutiny, with
the nation also able to exploit
such occasions to generate
excitement among potential
tourists regarding a Bahamian
vacation.

“That’s my,constant argu-
ment!” Mr Bethel joked,
when asked by Tribune Busi-

ness whether the Bahamas >

should seek to attract more
Miss Universe-type events to
its shores. ;

“Obviously, there is a cost
involved with hosting these
events, and we have to look at
it from a cost/benefit analy-
sis perspective. If it’s consid-
ered an event that has bene-
fits for tourism from a medi-
um and long-term perspec-
tive, in terms of visitor
arrivals, it can be considered
an investment in tourism mar-
keting.”

He added: “The demands

on manpower and physical.

infrastructure do have a cost
to it, and I’m not sure how
many of the size of Miss. Uni-
verse we can take in or two
years.

“But it certainly shows we



“It does
indicate the
capability of
the Bahamas
to put on
events of this
scale ...”



Owen Bethel

have the capability, and
everything works on the same
wavelength, we should be
able to accommodate and
facilitate a number of these
events in a short period of
time.

“It does indicate the capa-
bility of the Bahamas to put
on events of this scale, and
we’ve proven ourselves to the
world that it can be done
here. Hopefully, that places
us on the map.”

This seems to have been
achieved, with the Ministry of
Tourism seeing a 50 per cent
spike in hits to its website,
Bahamas.com, during and
after the Miss Universe

_ Pageant.

Bahamas.com received

‘almost 50 per cent more traf-

fic than normal last Sunday
as the beauty competition was
aired around the world, while
on Monday morning, just
before 9.30am, it had already
received more than 4,000 hits.
Bahamas.com received almost
15,000 hits on Sunday night.

Legal Notice

NOTICE |
PAGO HALO CORPORATION

WE

Notice is hereby given that in accordance with Section 138
(8) of the International Business Companies Act 2000, the
-dissolution: of PAGO HALO. CORPORATION has
“been completed; a Certificate of Dissolution has been issued

‘and the Company has therefore been struck off the Re sister.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice
NOTICE _
ADDED WEALTH INC.

Notice is hereby ‘given that in accordance with Section
138 (8) of the International Business Companies Act 2000,
the dissolution of ADDED WEALTH INC. has been

completed; a Certificate of Dissolution has been issued and .

the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE
DIANNE RIVER INC.

Notice is hereby given that in accordance with Section 138
(8) of the International Business Companies Act 2000, the
dissolution of DIANNE RIVER INC. has been com-
-pleted; a Certificate of Dissolution has been issued and

the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)



#



Legal Notice

NOTICE

WALLBURG INC.
(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is. in dissolution, which commenced
on the 21st day of August 2009. The Liquidator
is Argosa Corp. Inc., P. O. Box N-7757 Nassau,
Bahamas. 82114 od sik

ARGOSA CORP. INC.
(Liquidator)



Legal Notice

NOTICE |
JCR HOLDINGS LIMITED

Notice is hereby given that in accordance with Section 138
(8) of the International Business Companies Act 2000, the
dissolution of JCR HOLDINGS LIMITED has been
completed; a Certificate of Dissolution has been issued and

the Company has therefore’ been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

_. NOTICE
JACSONNY HILLS INC.

| Notice is hereby given that in accordance with Section

138 (8) of the International Business Companies Act 2000,

_ the dissolution of JACSONNY HILLS INC. has been

completed; a Certificate of Dissolution has been issued and

the Company ‘has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM

Legal Notice
NOTICE. .
MADERA LINBO S.A.

Notice is hereby given that in accordance with Section 138
(8) of the International Business Companies Act 2000, the ©
dissolution of MADERA LINBO S.A. has been com-
pleted; a Certificate of Discolauen has been issued. and

the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE
SPRING BLOOMS CORPORATION

Notice is hereby given that in accordance with Sec-
tion 138 (8) of the International Business Companies
Act 2000, the dissolution. of SPRING BLOOMS
CORPORATION has been completed;- a Cer-
tificate of Dissolution has been issued and the Com-

pany has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE
BORISON INC.

Notice is hereby given that in accordance with Section
138 (8) of the International Business Companies Act
2000, the dissolution of BORISON INC. has been com-

pleted; a Certificate, of Dissolution has been issued and

the Company has therefore been struck off the Register.

ARGOSA CORP. INC.

(Liquidator)







THE TRIBUNE

FRIDAY, AUGUST 28, 2009, PAGE 5B



eC Oe ae
Insurer’s net income drops 66.7% in 2009

FROM page 1B

locked in a Supreme Court battle
with one of its agents, Trinity
Insurance, over the alleged non-
payment of some $700,000 in insur-
ance premiums it claims it should
have received.

Security & General is under-
stood to have obtained a Mareva
injunction from the Supreme
Court to freeze the assets of Trin-
ity and its principals, and is now
pressing the court to order that the
agent hand over all
documents/papers it allegedly
needs to determine the sum out-
standing. Trinity and its principals
are said to have denied the alle-
gations, and are fighting the case

vigorously.

The financial results, which were
buried in the Saturday edition of a
daily newspaper, revealed that
Security & General’s net income
dropped from $862,684 in fiscal
2008 despite gross written premi-

ums increasing by 4.5 per cent to

$24.282 million.
Although the level of premiums
ceded to reinsurers (effectively

meaning the amount of reinsur-

ance coverage acquired by the
company) rose by 15.6 per cent to
$14.022 million, Security & Gen-
eral still posted an.almost-7 per

cent increase in net written pre-.

mium to $10.515 million:
However, this was more than
offset by the 43.4 per cent increase

lion, compared to $3.904 million
the year before. Much of the
claims increase is likely to be relat-
ed to Security & General’s insur-
ance book of business in the Turks
& Caicos, and the damage wrought
last year by Hurricane Ike..

As a result of the claims
increase, Security & General saw
its underwriting net income fall by
30.5 per cent from $5.212 million in
the year to January 31, 2008, to
$3.62 million in its recently-ended
financial year.

Despite a more than $1 million
reduction in staffing costs and gen-

eral and administrative expenses,

the poorer underwriting perfor-
mance produced a smaller bottom
line for Security & General.

ments made no mention of
whether Colonial Group Interna-
tional had reduced its stake in
Security & General from 70 per
cent to 51 per cent, a condition
required by the Bahamian gov-
ernment in return for having
approved the latter’s 2003 share
capital increase.

Security & General had
increased its authorised share cap-
ital from $7 million to $12 million
on November 3 that year, via the
creation of five million new ordi-
nary shares, some 2,237,143 of
which were acquired by Colonial
Group International. :

That took the Bermuda compa-
ny’s stake from 51 per cent to 70
per cent, a transaction that was
approved by the Bahamian gov-

ernment “on the condition that
Colonial Group International
would give the Bahamian share-
holders the option to buy back”:
the amount of shares necessary to
reduce its stake to 51 per cent.

It is unclear whether this condi-
tion, ‘which Bahamian insurance
industry sources said had a dead-
line/time limit attached to it, has
been met: Security & General’s
financial statements also disclosed
that Colonial Group International
had both renewed and increased
the irrevocable letter of credit
issued in favour of its Bahamian
subsidiary, which expired annually
on November 3. The sum involved

_ was increased from $1.25 million to
$2.25 million, and renewed until
that date later this year.

~ Legal Notice

NOTICE

MAULES DESSUS INC.
(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 21st day of August 2009. The Liquidator

‘is ‘Argosa Corp. ‘Inc.; P.O. Box N-7757 Nassau,

Baharrias:

_ ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

CHARLOW GARDENS INC.
_ (In Voluntary Liquidation) -

| Notice is hereby given that the above-named ..

Company is in dissolution, which commenced
on the 21st day of August 2009. The Liquidator
is Argosa Corp. Inc.; P.O. Box N-7757 Nassau,
Bahamas.

ARGOSA CORP. INC.
(Liquidator) -

Legal Notice

NOTICE

TINY TIDBIT INVESTMENT LTD.
(In Voluntary Liquidation)

Notice is hereby given that the above-named

Company is in dissolution, which commenced :

on the 21st day of August 2009. The Liquidator
is Argosa Corp. Inc., P. O. Box N-7757 Nassau,
Bahamas.

ARGOSA CORP. INC.
(Liquidator)

in incurred claims to $5.597 mil-

Meanwhile, the financial state-

Legal Notice
NOTICE

TANO VILLAGE INC.
- (In Voluntary Liquidation)

Notice is hereby given that the above-named Company is
in dissolution, which commenced on the 21st day of August
2009. The Liquidator is Argosa Corp. Ine, P. O. Box N-
7757 Nassau, Bahamas.

This notice replaces the publication of 7th August 2009.

in the Gazette wherein APRIL HARVEST INC, was
incorrectly referred to as being dissolved.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

7 NOTICE
- VISIONARY INVESTMENTS

OFFSHORE LIMITED
(In Voluntary Liquidation) ©

Notice is hereby given that the above-named
Company is in dissolution, which commenced

on the 21st day of August 2009, The Liquidator
is Argosa Corp. Inc., P. O. Box N-7757 Nassau,.

Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

CEDERCREST PEAK INC.
(In Voluntary Liquidation) -

Notice is hereby given that the above- named

Company is. in dissolution, which commenced

on the 21st day of August 2009. The’ Liquidator

is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,

Bahamas.

~ ARGOSA CORP. INC.
(Liquidator)

Legal ikea
NOTICE —

-VEUVE CREEK LTD.
(In Voluntary Liquidation)

Notice is hereby given that the above-named

‘Company is in dissolution, which commenced

on the 21st day of August 2009. The Liquidator
is Argosa Corp. Inc., P, O. Box N-7757 Nassau,

‘Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

OCTOSTONE INC.
(In Voluntary Liquidation) |

Notice is hereby given that the above-named

‘Company is in dissolution, which commenced

on the 21st day of August 2009. The Liquidator:
is Argosa Corp. Inc., P.O. Box N-7757 Nassau,
Bahamas.

. ARGOSA CORP. INC.
. (Liquidator)

Legal Notice
NOTICE
CANDY MOUNTAIN VALLEY LTD.
(In Voluntary Liquidation) °°

Notice is hereby given that the above-named
Company is in dissolution, which commenced

on the 21st day of August 2009. The Liquidator

is Argosa Coip. Iiic., P. O. Box N-7757 Nassau,
Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

CANNFIELD RIVERA LTD.
(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 21st day of August 2009. The Liquidator

-is Argosa Corp. Inc., P. O. Box N-7757 Nassau,

Bah ..mas.

ARGOSA CORP. INC.
» (Liquidator)

cen Notice
NOTICE

PANTHERSVILLE LIMITED
(In Voluntary Liquidation)

Notice is hereby given that the above-named

Company is in dissolution, which commenced

on the 21st day of August 200% The Liquidator

-is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,

Bahamas.

‘ARGOSA CORP. INC.
(Liquidator)



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PAGE 6B, FRIDAY, AUGUST 28, 2009

THE TRIBUNE



Investors trading 3 stocks that may be doomed

DANIEL WAGNER,
AP Business Writer
WASHINGTON

Investors are still trading
common shares of Fannie
Mae, Freddie Mac and Amer-
ican International Group Inc.
by the billions, even though
analysts say their prices are
almost certain to go to zero.

All three are majority-

‘owned by the government
and are losing huge sums of
money. The Securities and
Mxchange Commission and
ther regulators lack authori-
ty to end trading of stocks in
such "zombie" companies
that technically are alive —
until the government takes
them off life support.

Shares of the two mortgage
giants and the insurer have
been swept up in a summer
rally in financial stocks.
limvestors have been trading

their shares at abnormally ~

high volumes, despite ana-
lysts' warnings that they're

British Colonial Hilton Hote
Marlborough St., Shop #1

Clearance SALE
Everything Must Go

Everything for $20
Free parking at the Hilton

destined to lose their money.

"People have done well by
trading them (in the short
term), but when it gets to the
end of the road, these stocks
are going to be worth zero,"
said Bose George, an analyst
with the investment bank
Keefe, Bruyette & Woods
Inc.

Some of the activity
involves day traders aiming
to profit from short-term price
swings, George said. But he
said inexperienced investors
might have the misimpression
that the companies may
recover or be rescued.

"That would be kind of
unfortunate," he said. "There
could be a lot of improvement
in the economy, and these
companies would still be
worth zero."

The government continues
to support the compariies with
billions in taxpayer money,
saying they still play a crucial
role in the financial system.

. Fannie and Freddie buy

We offer Stringing Services, Repairs, Knotting,

loans from banks and sell
them to investors — a role
critical to the mortgage mar-
ket. They have tapped about
$96 billion out of a potential
$400 billion in aid from the
Treasury Department.

Disastrous

Officials have said AIG's
failure would be disastrous
for the financial markets.
Treasury and the Federal

_Reserve have spent about

$175 billion on AIG and
AIG-related securities. The
company also has access to
$28 billion from the $700 bil-
lion financial industry bailout.
But analysts say the wind-
down strategies for the com-
panies are almost sure to wipe
out any common equity, mak-
ing their shares worthless.
- "There are some folks that
believe that somehow that 20
percent (of the stock) that's
out there in the public market
might be worth something
someday," said Daniel Alpert,
managing director of the
investment bank Westwood
Capital LLC. But he said the
three companies are doomed
because they are "massively
indebted," and the values of
their assets are declining.
The stocks remain in circu-

lation mainly for two reasons: |

They've violated no rules on
the New York Stock
Exchange, where they are
traded. And no regulator has
the power to suspend their
trading without evidence
securities laws are being vio-
lated.

Alpert said no regulations
exist to deal with cases where
the government props up
unsustainable companies.

By contrast, regulators
were able to warn investors
about stock in the "old" Gen-
eral Motors, which also sits
on a mound of government
debt. The SEC and the Finan-
cial Industry Regulatory
Authority, the brokerage
industry's self-policing group,
have issued alerts and taken
other steps to prevent
investor losses on that stock.

In that case, the SEC could
act because GM acknowl-
edged the stock was headed
for zero in a restructuring
plan filed with the SEC.

The SEC says it has no rea-
son to suspend: trading of
stocks that still technically
meet its standards, which
include filing timely financial
reports and disclosing events
that could affect share values.

The NYSE's rules include
maintaining minimum num-
bers of shareholders and mar-
ket capitalization. But they
give the exchange full discre-
tion over which stocks are list-
ed — regardless of whether a
company meets those listing
standards.

FINRA has jurisdiction
over NASDAO-traded stocks
and over "pink sheet" stocks,
which are worth too little to
be traded on a major
exchange. It has no jurisdic-
tion over stocks on the
NYSE.

Shares of Fannie, Freddie
and AIG — along with their
trading volumes — have

jumped this summer, when
activity normally fades as
traders take vacations. Fan-
nie shares have more than
tripled since the end of July.
Their volume soared to 360
million shares Thursday from
6.45 million shares on the last
day of July.

Freddie and AIG shares
have surged threefold since
then. Freddie's. volume
jumped to 191 million shares
from 4.5 million. And 148-mil-
lion AIG shares changed
hands on Thursday, compared
with 5 million on July 31.

By comparison, the trading
volume of General Electric
Co.'s common shares fell to
around 63.7 million shares
Thursday, compared with 109
million shares July 31. The
stock price rose 5.3 percent
in that stretch.

AIG shares rose $10.15, or
26.9 percent, to $47.84 Thurs-
day. Analysts speculated the
company might be reconcil-
ing with former CEO Mau-
rice "Hank" Greenberg, who
could help bring private capi-
tal and other business benefits
to the company.

' A reverse stock split in ear-
ty July raised the price by a
factor of 20. In a reverse split,
a stock price is increased, and
the number of shares ‘are
reduced by a similar propor-
tion. It has no effect on share-
holders' equity.

Fannie shares closed up 3.8
percent at $1.92 Thursday;

Freddie shares rose. 10 per-:

cent to $2. Dass!
Fannie and Freddie's gov-
ernment owners haven't

announced their plans for the
companies. That means
there's a possibility — how-
ever remote — that their
shares could retain some val-
ue. But the administration is
expected to announce in Feb-
ruary that the companies will
be wound down, merged into
a federal agency or have their
bad mortgage assets split into
a new government-backed
company. All those possibili-
ties are almost certain to elim-
inate any remaining share-
holder equity, analysts said.

Lawrence J. White, a pro-
fessor at New York Universi-
ty's Stern School of Business,
said the higher trading vol-
umes might reflect specula-
tion about the government's
February announcement.

With the share prices still
so low, White said investors
are willing to bet on the out-
come of the government's
announcement. He said trad-
ing volume is likely to grow
further, with even sharper
price swings, as February
approaches.

Still, Freddie Mac Chair- .
man John Koskinen said the
price fluctuations were hard
tounderstand.

"I have absolutely no idea
what that represents," he said.

Representatives for Fannie,
the SEC, AIG, FINRA and
the NYSE declined to com-
ment. Spokeswomen for
Treasury, which owns most of
AJG, and the Federal Hous-
ing Finance Agency, which
holds Fannie and Freddie in
conservatorship, also wouldn't
comment. —

Wiring, Driling and The Snack Fix System and
The Mystery Clasps

Pearls and Bread Strands Wholesale and Retail
P.O.Box EE-15827
Nassau, Bahamas
Tel: 242-323-1865
Email: gems-pearls@hotmall. com

vowel making clases starts
September sign up now

Colina.

| Holdings Bahamas

NOTICE

The Management and Board of Directors:of Colina
Holdings Bahamas Limited (CHBL) wish to
‘announce that the Consolidated Interim
(Unaudited) Financial Statements for CHBL for the
six months ended June 30, 2009 have been
authorized for release on August 28, 2009.

A complete copy of these financial statements is
available on the Company's website
www.colinaimperial.com or by contacting the
corporate: headquarters of Colinalmperial by
phone at - (242) 396-2102 or by email at.
Financials@Colinalmperial. com





Money at Work

Abaco Markets :
Bahamas Property Fund
Bank of Bahamas
Benchmark
Bahamas Waste

* Fidelity Bank
Cable Bahamas
Colina Holdings
Commonwealth Bank (S1)°
Consolidated Water BDRs
Doctor's Hospital
Famguard
Finco
FirstCaribbean Bank
Focol (S)
Focol Class B Preference
Freeport Concrete
ICD Utilities
J. S. Johnson
Premier Real Estate

1000.00
1000.00~

Fidelity Bank Note 17 (Series A) +
Fidelity Bank Note 22 (Series B) +
Fidelity Bank Note 13 (Series C) +

S2wk-Hi S2wk-Low
414.60
os

Symbol
7.92 Bahamas Supermarkets ,
6.00 Caribbean Crossings (Pref)



29.00 ABDAB
O RND Holdings



CFAL Bond Fund

CFAL MSI Preferred Fund

CFAL Money Market Fund
Fidelity Bahamas G & 1 Fund
Fidelity Prime Income Fund
CFAL Global Bond Fund

CFAL Global Equity Fund

CFAL High Grade Bond Fund
Fidelity International Investment Fund
FG Financial Preferred Income Fund
FG Financial Growth Fund

FG Financial Diversified Fund

. |) BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00
S2wk-Hi - Highest closing price In last 52 weeks
S2wk-Low - Lowest élosing price In last 52 weoks
Previous Close - Previous day‘s weighted price for daily volume
Today's Close - Current day’s weighted price for daily volume
Change - Change in closing price from day to day
Dally Vol. - Numbor of total shares trade today
Div §$ - Dividends per share paid in the last 12 months
P/E - Closing price divided by the last 12 month earnings
(S) - 4-for-1 Stock Split - Effective Date 8/8/2007
ato 7/11/2007 : ‘

ROYAL FIDELITY



Weekly Vol.
EPS $ - A company's reported earnings por share for the last 12 mths
NAV - Not Asset Value

N/M - Not Moar
FINDEX - Tho Fidelity Bahamas Stock Indox. Januar



Toyota plans to end production al Calif plant

. WASHINGTON

’ Toyota Motor Corp. said Thursday it plans to end production in
March 2010 at a California joint venture where it has built vehicles
with General Motors, according to Associated Press.

The decision would mean the shutdown of the sole auto assem-
bly plant on the West Coast if no other carmaker emerges to keep
it going. Toyota's board voted early Thursday to end the compa-
ny's production contract at the Fremont, Calif.-based New United
Motor Manufacturing Inc., spokeswoman Cindy Knight confirmed.

Toyota had said previously that it was moving toward liquidat-
ing its stake in the California facility after the plant's fate was
thrown into question in June when GM announced it was with-
drawing from the 50-50 joint venture.

NOTICE

NOTICE is hereby given that SHIRLEY MIREAULT
of KOOL ACRES; P.O. Box CB-11583, 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 21* day of
August, 2009 to the Minister responsible for nationality
and Citizenship, P.O. Box N-7147, Nassau, Bahamas.

NOTICE

.NOTICE is hereby given that REGINALD SALOMON. of
#154 TASMAN CLOSE, EIGHT MILE ROCK, 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
28th day of AUGUST, 2009 to the Minister responsible for
Nationality and Citizenship, P.O.Box N-7147, Freeport, Bahamas.

FG CAPTTAL MARKETS
BROKERAGE & ADVISORY SERVICES

COLONIAL

99999999999000
ooo0o0o000000000
CONNOOOCCCOCOS=

Interest
T% 19 October 2017
Prime + 1.75% 19 October 2022
T% 30 May 2013







Weekly Vol. EPS $
-2.246

0.000

Div $ P/E
0.000 N/M
0.480, N/M

Yield
0.00%)
7.80%)

Last Price
14.00
4.00



0.00%
0.00%

4.540
" 0.002

0.000
0.000

9.03,
261.90



31-Jul-09
31-Jul-09
21-Aug-09
31-Jul-09
31-Jul-09
30-Jun-09
30-Jun-09
31-Dec-07
31-Jul-09
31-Jul-09
31-Jul-09

YIELD - last 12 month dividends divided by closing price
Bid § - Buying price of Colina and Fidolity

Ask $ - Solling price of Colina and fidality

Last Price - Last traded over-tho-countor price

- Trading volume of the prior wook

ringful
y 1, 1994 = 100



Almost $15m in airport

Contracts go to Bahamians

FROM page 1B

be awarded, including both sub-contracts to the terminal gen-
eral contractor and direct contracts with NAD,” said Mr Wat-
son. He added that when the project had begun in earnest
almost 400 jobs would have been created.

“Bahamian firms are being given preference in the devel-
opment of the airport, and being invited to participate in any
tenders for financing, capital works and other airport con-
tracts,” Mr ‘Vatson said.

And ow..-rship and operation of retail businesses and con-
cessions at the airport will be restricted to Bahamians who
demonstrate in tue conduct of business, international best
practice standards.”

Mr Watson said the request for proposal (RPF) for the first
retail space in the new US departure terminal - a sit-down
restaurant - went out for tender this month. He said the respons-
es to the RPF have been very impressive.

However, Mr Watson suggested that with the size of the
investment needed to build-out the space, it may be difficult for
the average Bahamian to raise the capital.

The new US departure terminal is also expected to-hold a
food court with outdoor seating, which has not been imple-_
mented in an airport since the September 11 terror attacks.

Mr Watson Said the Lynden Pindling International Airport
will be transformed into a “premium world-class facility” and
operated “in a most efficient and commercial manner, while

remaining cost competitive”.

He argued that LPIA will have one of the most advanced
baggage systems of any US pre-clearance facility in the world.

“This $10 million baggage system has the ability to process up
to 2,000 bags per hour and screen for all pga threats,” said
Mr Watson.

“The $409.5 million project will modernise every aspect of our
airport operations. Four years from now, the LPIA will be
one of the most advanced facilities in the region.”

_. The development will also require a $2.2 million investment

-in Bahamian artwork, set in seven permanent displays around

the airport, and.in.14 temporary locations.

The new airport will also feature live gardens of native
plants, which were to be grown locally.

However, Mr Watson lamented that only 5 per cent of the
plants needed for the gardens can be found locally. “There are
gong to be local partners in every aspect of it (the develop-
ment),” he said. “There isn’t going to be a lot of foreign labour,
mainly in supervisory positions.”

WANTED

An Established Medical Facility

seeks to fill the following position:

REGISTERED
PHYSICIAN

General / Family Practice (Full-time) :
Kindly submit application to:

P.O. Box CR-55050
Nassau, Bahamas
or |
Via email to: a_1_phyneeded@live.com

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM





THE TRIBUNE

FRIDAY, AUGUST 28, 2009, PAGE 7B



New generation of coupons

means users are clipping less

SARAH SKIDMORE,
AP Retail Writer
PORTLAND, Oregon

Electronic coupons, arriv-
ing by cell phone, Twitter,
e-mail and Facébook, are
helping generate an old
standby's comeback and
bringing in new, younger
customers.

Many shoppers, especially
young consumers like 30-
year-old April Englebert,
used to reject coupons print-

ed in newspapers and direct-

mail booklets as passe or
cumbersome.

But Englebert, an
accounting clerk in Portland,
Ore., was so thrilled when
she cut her monthly grocery
bill from $500 to $300, main-
ly with electronic coupons,
that she recruited friends
and co-workers to try them.

"It's awesome," Englebert
said. "There is a lot of free
stuff to be had."

Coupon use had been .

declining since 1992 as con-
sumers found less need for
or some embarrassment in
using them. But as the econ-
omy worsened, frugal
became cool and their pop-
ularity grew.

Use of electronic dis-

counts and coupons more.
than doubled in the first half :

of 2009 compared with the
same period last year as
overall coupon use rose 23
“percent, according to

coupon-processing compa- —

ny Inmar Inc. They now
account for more than 3 per-
cent of all coupons used, up
from roughly 2 percent in
2008. eek

While they still represent
a small part of the total
coupons used, they have
strong potential — growing
quickly and providing a new

way for shoppers to stretch .

increasingly tight budgets.
"It does take some signif-

icant outside, forces for peo;...-

_ ple to wake up and pay
attention to the savings
opportunities available to
’ them," said-Matthew Tilley,
director of marketing for
Inmar. =.

On a'recent shopping trip
to the grocery store, Engle-
bert. tucked a clutch of offers
under her tattooed arm.
Besides the store's printed
circular, there were manu-
facturers' coupons she'd got-
ten by e-mail and coupons
she'd bought on eBay. Using
in-store sales and coupons,
she bought 14 items —
including macaroni and
cheese, meat and other

items — for a grand total of ©

$5.98, saving $24.88. ;

' Englebert said'she spend

about five hours-:a week
hunting for coupons —
checking her favorite blogs
for the hot deals of the day,
searching manufacturer

Web sites for special pro-:

motions and finding groups
on Facebook or through
Twitter feeds among other
tools. She even hits eBay
where something like a $5-
off coupon may not be of
any value to someone who



IN THIS JULY 14, 2009 PHOTO,

April Englebert displays the por-

tion of her grocery receipt that

details the amount of money

saved by using her coupons, out-

a a grocery store in Portland,
re.

4







IN THIS JULY 14, 2009 PHOTO, April Englebert displays a bag of groceries purchased using coupons |
outside a grocery store in Portland, Ore. Englebert, a 30-year-old accounting clerk, is so thrilled at being
able to cut her two-person household's monthly grocery bill from $500 to.$300, mainly with new elec-

tronic coupons, that she's even recruited friends and coworkers to try them.



IN THIS JULY 14, 2009 PHOTO, April Englebert shows a handful of





coupons, including manufacturers' coupons she'd gotten by e-mail and

ones she'd bought on eBay and printed out, outside’a grocery store

in Portland; Oregon. ':



| Electronic coupons
gain popularity

Coupon use has risen amid
the recession. iMemet and
sleotronid coupons have
become especially sopuiar.
Coupan usage percentage
increase 2008 to 2009
pJanuury Jue?

Ad coupons © S 353%



Internet and
- gigctronic
a



_isn't going to. use it but is

worth the 99 cents she might:

pay for it.
Users can print digital
coupons from Websites or

e-mail, but many are entire- |

‘ly electronic. They can be
_uploaded to a store's loyalty
card or arrive on a cell
phone as a promotion code

/ or image. There are also’

iPhone applications, hand-
held devices in stores and
screens built into grocery
cart handles that alert shop-
pers to deals in stores. And
retailers continue to try new
formats. Electronic coupons









‘“&

offer the same benefits for
retailers as any discount pro-
gram: driving consumer traf-
fic, building loyalty, increas-
ing sales and attracting new
customers. They also elimi-
nate printing costs, reduce
paper waste, can be updated
more quickly and have high-
er redemption rates than
their print counterparts.
And coupon aggregators
such as Coupons.com and
Cellfire say online coupon
users tend to skew younger
and more affluent than the
traditional coupon user:

-Cellfire, for example, says

60 percent of its users: are
between 18 and 35.

But technological hurdles .

remain in syncing electronic
coupons with checkout sys-

tems and in preventing

counterfeiting and hacking.
Many Internet coupons

_are designed to limit cus-

tomers to only two per com-
puter, but some users try to
find ways around. that.
Newer coupons can have
serial numbers or a user's
name built in so any abuse.
can be tracked, said Charles

‘

SY
Brown, co-chair of the
coupon council fot the Pro-
motion Marketing 'Associa-
tion and vice president of
marketing for NCH Mar-
keting Services...
But companies are still fig-
uring out the new dynamics
of managing the array of

. coupons and how fast they

can spread.

Marsh Supermarkets had
to halt a recent Facebook
deal offering $10 off a $10
or more, purchase as the
coupon spread much further
and faster through the social
networking site than the
Midwest grocer had intend-.

ed. "It just went everywhere. .

We did not anticipate that,"
company spokeswoman

Connie, Gardner said. "We .
would not have issued it if,
' wehad known."

“Most notoriously;; KFC

_ faced traffic jams and over-

whelming demand this

spring at several restaurants -

and ultimately offered rain
checks to cope with unan-
ticipated demand for free
grilled chicken meals offered
in a coupon posted on TV
talk show host Oprah Win-
frey's Web site. i
Overall, electronic
coupons lack the. reach of

print because consumers

must seek them out — as
opposed to finding them in

- the mailbox or on the front ~

step, Brown said.

Experts say both elec-
tronic and traditional print.
formats are likely to grow,
though it will be a while
before they match the all-
time peak in coupon use of
7.9 billion in 1992. In 2008,
consumers redeemed just 2.6
billion coupons of all types.

"When airplanes were
invented, trains didn't go
away. When TV was invent-

“ed, radio didn't-go away,"

Brown said. "Various
medias work together and
reach consumers at differ-
ent times."

———_ PRICEWATERHOUSE(COPERS
POSITIONS AVAILABLE FOR
AUDIT MANAGER

PricewaterhouseCoopers has vacancy in its Nassau and Freeport Offices for
Audit Managers whose qualifications make the individuals eligible for membership in
the Bahamas Institute of Chartered Accountants. Prospective candidates should
be employed in public accounting and have at least one (1) year of
experience at the Assistant Manager/Manager level in managing a portfolio: of
diverse client engagements. Candidates are also required to have a high level of

computer literacy.

The position offers challenging work in the financial - services industry and
other areas of industry and commerce. The salary scale, which recognizes different
levels of experience and skill, is designed to reward high performance.
In addition, the Firm provides excellent medical insurance and provident fund benefits.

\

x

Please submit an application letter with your Curriculum Vitae to:

P.O. Box N-3910
Nassau, The Bahamas



Human Resources Partner
“‘Audit Manager Position
PricewaterhouseCoopers

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM





wep Card 7
cae 20 RY Saieway Grup 08
vs ;

: Have to use trig, otier

AP Photo/Dan Goodman

THE CELLFIRE mobile coupon application for iPhone and iPod
Touch is demonstrated Thursday, Aug. 27, 2009; in New York.

PROGRESSIVE SERVICE ORIENTED COMPANY
LOOKING FOR A FEW GOOD PEOPLE.

PARTS AND SERVICE COORDINATOR:

Extensive background in managing an OEM
Heavy Truck Service/ Parts facility a must.
Background in Parts and Service management and
coordination required on a daily basis. Must be able
to effectively administer all facits of business.
Minimum of 10 years experience preferred. Good
people skills a must. Must have prior experience
in parts order anid supervising employees. Computer |
skills required on a- daily basis. Must be self |
motivated and work with little or no supervision.

Competitive Wages
We thank all applicants however, only candidates to
be interviewed will be contacted.

Please hand deliver your resumes and references to

Bahamas Mack Truck Sales Ltd.
Rock Crusher Road
Nassau, Bahamas

~ DATA ENTRY CLERK & CUSTOMER SERVICE
| REPRESENTATIVE








We require an experienced individual to fill the position of Data’
Entry ‘Clerk and Customer Service Representative for a Leading
General Insurance Company in the Caribbean. Reporting to the
Country Manager, the successful candidate will be primatily
responsible for data entry and communicating with the Company’s
Agents, ensuring that service standards are met.









CIR ea ey eroiess

« Bachelors Degree in Business Administration [position more
suitable to a recent graduate]

« Enrolment ina General Insurance Programme through either
the Chartered Insurance Institute or the Insurance Institute of
Canada ait trst

* Minimum of six (6) BGCSE subjects
~* Minimum of two (2) years experience in the General Insurance
Industry in Customer Service or Underwriting

» The ability to work on own initiative and communicate

__ effectively in oral and written form.

«The ability to deal with Agents courteously and professionally.

« Computer skills (that'is competence in the use of word
processing and spreadsheet software programmes and the
ability to learn and function effectively using the Company’s
General Insurance Application)















Interested persons should send a detailed resume
accompanied by a letter of application to:





Data Entry Clerk & Customer Service Representative
P. O. Box SS-19023
- Nassau, Bahamas








Or email to:
csands@icwi.com



The closing date for all applications is
31" August, 2009
Only short-listed candidates will be contacted










i a3

INSURANCE MANAGEMENT

(BAHAMAS) LIMITED. INSURANCE BROKERS & AGENTS












Saturday WINDS WAVES: VISIBILITY WATER TEMPS.
High = =Low W WNASSAU = Today: E at 5-10 Knots 0-2 Feet 7-15 Miles 85° F
Saturday: NE at 10-15 Knots 2-4 Feet 7-15 Miles 84° F





E at 5-10 Knots 0-2 Feet 7-15 Miles 83° F
NE at 10-15 Knots 5 2-4 Feet 7-15 Miles 83° F
ABACO Today: E at 5-10 Knots 0-2 Feet 7-15 Miles 81° F














Partly sunny with a

















Patchy clouds. Sunny to partly cloudy. Partly sunny, a t-storm Partly sunny with a Periods of sun, a The higher the AccuWeather UV Index™ number, the Saturday. NE at 10-15 Knots 2-4 Feet 7-15 Miles 82°F
thunderstorm. : possible. shower possible. t-storm possible. greater the need for eye and skin protection.
: High: 91° High: 90° High: 89° . High: 88°
High: 89° .. Low: 79° _ Low: 80° ‘Low: 79° Low: 79° Low: 80°
eerie cet i NY aCe = AccuWeather RealFeel ELE ee Lut aed ee Laer ee
[109°F | [89°F - | * fC - 116°-86°F 2 101°-90° F 102°-80° F
The exclusive AccuWeather RealFeel Spa earee is an index that combines the effects of temperature, wind, humidity, sunshine intensity, cloudiness, precipitation, an and Today 2:29 a.m. 22 8:30 a.m. 0. 6



elevation on the human body—everything that effects how warm or cold a person feels. Temperatures reflect the high and the low for the day. 317 p.m. 27 9:38pm. 08
Saturday odlam. 22 931am. 06

ee 418 p.m. 2.7 10:35p.m. 0.7

Statistics are for Nassau through 2 p.m. yesterday . . Sunday 4:32am..2.2 10:31am. 06







































ABACO Temperature, 5:14pm. 2.7 11:27p.m. 07
. High 91° F/33° C ars
; _High:92°F/33°C Low BITC, MONO a og eee
z - : 2 Normal hight ....... oh .. 89° F/31°C : seis
; : Ze Normal low .......... eseadhatietacaissaseed veveeee 16° F/24°C ;
He S Last year's WiIQH esssiscscassccsscscecasneee ae SUN AND MOON
— High:90°F/82°C : Z oe Last year's OW ......sssssssssees scvsesereenseeee OL F/27° C :
- Low: 76°F/24°C : eZ Ze ge Precipitation : . 6:49 a.m. Moonrise .... 2:51 p.m.
: = a J j j i : As of 2 p.m. yesterday . 0.30" . 7:33 p.m. Moonset.... 12:34 a.m.
: Year to date ........ pre . 24.29"
High: 90° F/32°C Normal year to date .............. is si Balas devas 30.49" a os
Low: 77° F/25°C
‘ AccuWeather.com
Forecasts and graphics provided by < a EXSY Showers
AccuWeather, Inc. ©2009 i \. na 5 [|< &] T-storm
ELEUTHERA Sep. 4 Sep. 11 Sep.18 Sep. 26 Exsj aa s
High: 92° F/33°C Islamabad Flurries a fe eee ees 4
° etary jown are noon positions of weather systems ani
ge F/26 c aren Be Snow precipitation. Temperature bands are highs for the day.
er phconell Forecast high/low temperatures are for selected cities. Stationary Mega
KEY WEST = CAT ISLAND
High:90°F/82°G. = ge ‘High: 89° F/32°C
Low: 80° F/27" G _ ae :
z : 2B : = 19/37 63/17. — 99/87 G47 Ss
= -_ 86/30 _ [les r nse: T1125 rm
_ SAN SALVADOR ES =
High: 91° F/33°G SS
Shown is today's weather. Temperatures are today's - helped Low: 76° F/24°C
highs and tonights's lows. High: 92° F/33°C
Low: 75° F/24° C











MAYAGUANA
High: 91° F/33°C

“ait 85





Today Saturday Today Saturday } Today Saturday
High Low W High Low Ww High Low W High Low Ww High Low W High . Low -. W
ae FR OF F/C F/C ; Se Bote Fe FL F/C F/C

Albuquerque 87/30 6246 s 88/31 64/1 - Indianapolis =: 82/27 60/1
64/17 53/11 sh 67/19 52/11 pe ao Baka 71/21

87/30 13



88/31







t.- t
















80/26 68/20 t 86/30 67/19
Atlantic City, 76/24 66/18 + 80/26 69/20 r Las Vegas RAGGEDISLAND —_
Baltimore 80/26 66/18 r - 80/26 68/20 Little Roc! igh: 91” F/33" 50/10 pe
Boston 70/21 61/16 s 66/18 BOIS + Low: 73° F/23°C 1/10 pe
Buffalo —=—S*~MA BQO” GAG pe 72/22 SE3”



GREAT INAGUA

2 79/26 S
Charleston, SC 86/30 70/21 t San Antonio ce tee T am

92/33 74/23 99/37 72/22 t

















Chicago ——S«S 2/2271 tt 69/20 San Diego’ High: 94° F/34° C
Cleveland 76/24 64/17 t 73/22 54/12 San Francisco 78/25 58/14 Low: 76° F/24°
Dallas = —S=« BA 71/21 pe ~ 93/83 70/21 ss Seatt i
Denver 87/30 53/11 s 84/28 52/11 pc New Orleans Tallahassee 86/30 71/21
Detroit == 72/22 60/15 «+r 7H21 SANT t= NewYork i 66/18 46/7 pc
pe B68 46/7 s
Honolulu 89/31 75/23 s 89/31 76/24 s Tucson 103/39 78/25 pc 101/38 75/23. pc : , : ‘ 2 e
Houston” = 95/35.-74/23t TAB A Washington, DC 80/26 68/20 r 86/30 70/21 t | MNTTE: RHR SE UIO ies ee SON Loe chest case



storms, t-rain, sf-snow flurries, sn-snow, i-ice, Prep-precipitation, Tr-trace





Full Text
m Lhe Iribune

Pm lovin’ it

SOF
79F

SUNNY WITH |
< FSTORM

Volume: 105 No.229

‘CARS FOR SALE,
eS)
Sg

BAHAMAS BIGGEST
Government responds

to a 25 per cent
increase in murders







BAHAMAS EDITION

www.tribune242.com

FRIDAY, AUGUST 28, 2009



PRICE — 75¢ (Abaco and Grand Bahama $1.25)



Catholic Church
gives support to
marital rape law

WHEN an indi-
vidual is forced to
engage in sexual
activity against his
or her: will, the
rapist “does vio-
lence to the dignity’
and value of the
hunfan person cre-
ated in the image
and likeness: of
God,” Catholic
Archbishop Patrick
































Marriage, he
said, is a comple-
mentary relation-
‘Ship, not ownership
and no person ina
marriage can be the
possession of the
other.

“Human dignity
does not allow this. | -
The legacy of slav-*|
ery and its abolition
has surely taught us

5







ARCHBISHOP
Patrick Pinder





Pinder said in a this lesson,” the
strong statement in which he | Archbishop said.
offered the Roman Catholic The Archbishop said that





in Catholic tradition of
moral thought, rape holds a
place.of unique disdain as
an act of violence which is

SEE page six

Church’s “prayerful sup-
port” to the proposed
amendment to the sexual
offences act that would out-
law marital rape in the
Bahanias;









a

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

NOTING that
there has been a 25
per cent increase in |
murders over the
same period last
year, National Secu-
rity Minister Tommy .
Turnquest revealed yesterday
that government will soon
recommence hangings as a
deterrent to serious crime.

With 17 persons currently
on death row at Her Majesty’s
Prison, Mr Turnquest said
that five of these persons have
since had their sentences re-
tried and confirmed.

“As a result of the Privy
Council’s ruling they went
through a re-sentencing
process, there are five persons
who have been re-sentenced
and had their sentences con-
firmed in terms of the death
sentence. The law will take its
course with those five out of






Tommy Turnquest

“| the 17 persons.
There are the addi-
tional 12 still going
through the process.
And it is no known
secret that Iam a
proponent of capital

| Turnquest said.
. However, as the
chairman of the Pre-
rogative of Mercy
board — the final
appeal for anyone
convicted of crime — Mr
Turnquest said he would not
discuss whether or not any of
these five individuals had
their death warrants read to

‘them as yet.

“T don’t wish to discuss
individual cases like that. I
have a constitutional respon-

‘sibility as chairman of the Pre-

rogative of Mercy which I
take very seriously, but which
is not discussed publicly,” he
remarked.

At this, point in 2008, there
were 44 murders, 475 armed
robberies, and 158 robberies.

SEE page six

Wars acon Ung
ae ney

punishment,” Mr.

Faster i

Lihihipieldesae cll

Frequency i

bet hen EL ia

Botter Sorvicw w’

SL Lied

Miami-Freoport-Nagsau

DUO alt
ke loubaala FAX; 394. Cee

it sillbibie ICORALWAVE ed Lee





Felipé Major/Tribune staff

PILES OF GARBAGE infested with flies and maggots lie behind Arawak Cay. Despite a dumpster nearby, some rire continue to dump

garbage on the ground.

Lero-tolerance
holicy issued
against crime

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

ISSUING a zero-tolerance
policy against crime yesterday,
National Security Minister
Tommy Turnquest said the
police force, starting today, will
utilise “every measure” avail-
able to them to apprehend and
bring to justice prolific crimi-
nals who are wreaking havoc in
Bahamian society.

- In what can be described as a
“push back” against the crimi-
nal element that has plagued
the country, Mr Turnquest said

SEE page six



THE Bahamas Mortgage
Corporation is owed $6 mil-
lion by clients in arrears, and
out of 2,883 accounts, 998
are behind with payments,
Managing Director Jerome
Godfrey warned.

The money owed can go
towards financing Corpora-
tion projects, in particular,
the financing of homes for



frey said.

“We are here to serve the
public,” he said.

Clients experiencing dif-
ficulties making mortgage
payments to the Bahamas
Mortgage Corporation
should visit its Recovery and
Adjustment Centre before

YAITIT
TCE LL



(Infiniti)

RCCL

Mortgage Corporation
owed $6m by clients

_ arrears.

Power outages
force residents

to sleep outside

By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net






their accounts ‘fall into





As it has policies that per-
mit it to grant moratoriums,
the Corporation is.reaching





RESIDENTS in central



first-time buyers, Mr God- °

out to its unemployed
clients, said Mr Godfrey,

Clients can receive up to a
three-month moratorium,
and if they are still unem-
ployed, they can potentially
receive an extension while
they continue job-hunting,
Mr Godfrey said.

“We have created a direct
avenue for persons to be
able to come in and see us
and explain what their cir-
cumstances are,” he said in a

SEE page two














Andros are sleeping outside on
docks, beaches and seawalls to
avoid the stifling heat of their
bedrooms as massive power out-
tages continue to plague the
community after more than a
week.

Food stores are delaying
ordering new supplies since see-
ing valuable inventory spoiled
as refridgeration units go without
electricity or are now in need of
repairs following repeated pow-
er failures.

Meanwhile, The Tribune was

SEE page six

Village Road Near Shirley Street

Tek 394-0323/5 OR 394.1377
PAGE 2, FRIDAY, AUGUST 28, 2009

THE TRIBUNE



LOCAL NEWS

Fewer Cubans making
the crossing to the US _

MIAMI



THE number of Cubans attempting to cross the Florida

Straits has fallen by more than half, putting 2009 on track to be

perhaps the lowest for migration from the communist island in :

almost a decade, according to Associated Press.
Experts say it's hard to pinpoint what has caused such a dras- ;
’ tic drop but attribute it to combination of factors, with the U.S.

economic downturn topping the list. They also point to stepped | :
up U.S. law enforcement against Smugglers, eased U.S. restric- :
tions-on Cuban-Americans who want to travel to the island :
and send.money to family there and a clampdown by the Cuban :

government.

"To be honest, there's really no way of telling. This isn't a sci-
ence," said Andy Gomez, a senior fellow at the University of :

Miami's Institute for Cuban and Cuban-American Studies.

The Miami area's unemployment rate may be one of the i
main reasons for the drop — at 11.6 percent, it's nearly double .
from a year ago, making it harder for Cuban-Americans to pay :

smugglers to help their families leave the island.

"Most of the people who left were leaving through smug-
gling operations, and that has stopped because the money here ;

has dried up.

“The economic crisis has affected that," Gomez said. At the

same time, he said, on the island "there's a wait and see attitude"

as to how Cuban President Raul Castro is going to handle the 3

country's economic crisis.

FROM page one Mortgage

Bahamas Information Ser-
vice’s interview Thursday.
“We want to assist you any
way we can, even if it means
budget counselling.”

Opened in January 2009,
the Centre: was, created to
focus on the needs of clients
in arrears.

cay

emer :



The Centre also has.a pro- }
gramme for employed per: :
sons, earning their full salary, :
but who fail to make their :

payments.

Clients who can, but refuse
to pay, face legal action :
whereby the Corporation can :
get “vacant possession” of :
the property, Mr Godfrey :

warned.

Senior Loans Administra-
tion Manager Marcia Mor- }
timer explained that officers’ :"
at the Centre still have to fol- :
low due diligence and do fol- :
low-ups after persons ‘start :
paying off arrears and the :

balance of their mortgages.

_ “Persons are not willing to
call us’and say ‘I am not able : |
to come in ‘this month to :
make a payment.’ We have :
to call them,” Ms Mortimer :
said. “We go through this :
‘every month.” i

The New Providence ;
office is located on the Hill- :
side Business Plaza, on top :
of the Hill, Thompson Boule- :
vard, West of the Passport :

Office. It oversees the Fami-

_ ly Islands accounts. There is

also an office in Freeport,
Grand Bahama.

Potential partnership between
Baha Mar and Chinese state
entities ‘still being worked out’

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

FIVE months on fromthe
announcement of a poten-
tial partnership between
two Chinese state entities
and the developers of Baha

' Mar, there “still remain a
number of commercial:
terms to be worked out” .
before a final deal is
reached, Baha Mar Resorts
president Don Robinson -

said yesterday.

“We’ve been discussing
various aspects of the pro-
ject both with the China
Export-Import Bank and
Chinese State Construction
Engineering Company
again pretty extensively
over the last four or five
weeks.

“Things seem to be going
well, we still have a number
of issues we’re working on,
we’re hoping progress will
be made so we can make an
announcement by the.end
of, the year,” Mr Robinson
told The Tribune yesterday.

The Baha Mar president
and a team from the compa-
ny recently returned from a
trip to China where ‘they
engaged in face-to-face
meetings with officials from
the two state-owned enti-
ties.

He said the meetings pro-
vided an opportunity to

“resolve a couple of issues.

that were important to both
sides.”

Nonetheless, Mr Robin-
son said it would be “pre-
mature to say this thing is a
done deal.” -

In early March of this
year the developers of the
multi-billion Baha Mar pro-
ject announced the signing

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of a formal agreement with

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Engineering Corporation to
construct the resort, and a
Memorandum of Under-
standing with the China
Exim Bank regarding

‘ potential project financing.

This announcement was
heralded as excellent news
for the country.

Financing

The Baha Mar executives
had been looking for new
financing after former finan-
cial backer Harrah’s Enter-
tainment - the world’s
largest resort and casino
operator - terminated its

agreement with the compa-
ny in 2008, about two and a
half weeks before the dead-
line for the developers to

’ meet certain benchmarks

set by the government.
The understanding with
the China Exim Bank came
on the basis that there
would be “several months
of due diligence” before
financing is approved. «'
* Yesterday, Mr Robinson

, Said that all negotiations

with the Chinese entities so
far continue to be based on
the premise that the resort
will be constructed accord-
ing to the designs originally
envisaged by Baha Mar.
That plan sees the Baha

Mar development spanning
1,000-acres on and around
the Cable Beach strip and
includes a 100,000 square
foot casino and more than
3,000 hotel rooms.

Discussions

As for whether the devel-
opers have any idea based
on current discussions as to

when: the project will get
underway, Mr Robinson

. indicated that it would be

premature to speculate.

» “We would certainly love
to start as soon as possible,
but these things have a need
to take the time they take,”
he said.

GB Disastet Consultative
Committee ASSESSES readiness

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - The Grand
Bahama Disaster Consultative
Committee (GBDCC) met yes-
terday to assess its state of readi-
ness to tackle major disasters
that may arise this hurricane sea-
son.

There have been four named
tropical storms so far, and a pos-
sible fifth one is developing off
the African coast, near the Cape

Verde Islands. Tropical Storm .

Danny is expected to. pass well
east of the Bahamas and,'on its
projected path, won’t affect the
nation.

Tammi Mitchell, chairperson
of the GBDCC, said that it is
important for the committee to

be well prepared to deal with a -

disaster when it arises on Grand
Bahama - an island which has
been ravaged by major hurri-
canes in the past.

However, she expressed con-
cern over the Jack of attendance
by committee members at meet-
ings.

The GBDCC is comprised of
nine sub-committees: Trans-
portation and Evacuation,
Search and Rescue, Disaster

~ Assessment, Public Information,

Communication, Training, Relief
and Supplies Distribution, Med-
ical Emergency, and Evacuation
for Medical Emergency.

“We are meeting with the first
five sub-committees to get an
update of what is happening in
those committees and to check
our state of readiness,” said Ms



TROPICAL STORM DANNY is expected to pass well east of

the Bahamas and, on its projected path, won’t affect the nation.
However, the GBDCC met yesterday to-assess its state of readiness
in the remainder of the hurricane season.

Mitchell. .

“We ate’ seeing a a lot of aetivi-
ty and threats (in the Atlantic)
and we are trying to make sure
that if a storm threatens that all
of our committees are prepared,
and we are going through our
list to make sure that everyone is
here, but we are noticing that
some persons on our list have
not shown up to one meeting,”
she said.

Ms Mitchell said that the role

of sub-committees is very impor-

tant because of their responsi-
bility to report to committee
heads, who then report to the
National Puergency Manage-

: ment Agency (NEMA),

She said that siyb-commitiees
must be able to function and per-
form their specific tasks.

Ms Mitchell said the GBDCC
responds to all disasters and not
just hurricanes. Communication,
she added, is the most impor-
tant aspect in the event of a dis-
aster.

“We have included all the

' media organisations on the

island on our Public Informa-
tion subcommittee, and it is
important that each organisation
has a representative here and at
the command centre when there
is a disaster on island,” she said.

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THE TRIBUNE

FRIDAY, AUGUST 28, 2009, PAGE 3





Men disarm
man who
robbed them

TWO civilians dis-
armed and subdued a
man who robbed them in
front of a take-away
restaurant yesterday.

The two men, aged 53
and 55, drove to a restau-
rant on Flemming Street
at 1.30am. The younger
of thé two went to buy
food, leaving his friend in
the car. A 21-year-old
Peter Street man armed

“with a gun approached
the car and robbed the
55-year-old of cash.

The 53-year-old who
returned from the take-
away restaurant was also
held up and.robbed of
money and jewellery by
the gunman.

However, a struggle
then broke out between
the three men. The two
friends were able to get
the gun away from the
robber and hold him
until the police arrived.

The gunman was tak-
en to hospital to be treat-
ed for injuries he sus-

‘ tained in the fight with
his two would-be victims.
He is presently under

_police watch. Police
recovered a pellet gun
from the robber.

Police search

for men in
connection
with seized
firearm

POLICE are searching
for a group of men in
connection with the

seizure of an illegal
firearm.

At 6.30am yesterday, .

officers of the Wulff
‘Road Police Station were
in the area of Sutton
Street when they saw a
group assembled. Seeing
the officers, the men
escaped by running
through a nearby ceme-
tery. A 9mm handgun
with five live rounds of
ammunition was recov-
ered from the area. The
men are actively being
sought.

Man taken
into custody
after handgun
is found

~ A 26-YEAR-OLD was

apprehended by police

after officers found a
.9mm handgun and three
‘live rounds of ammuni-
tion in his possession.

While on patrol on
‘Prince Charles Drive
around 7pm on Tuesday,
officers of the Elizabeth
Estates Police Station
stopped and searched a:
‘man driving a grey Mer-
‘cedes Benz.

Discovering the illegal
firearm and bullets on
him, police took the man

ing.

CLARIFICATION

THE Tribune would
like to clarify that the
truck in the foreground
of a photo printed yes-
terday on page threé
above the headline “No
charges over ‘hijacked’
furniture” was in no way
involved in the alleged
unauthorised taking of
items donated by the
RIU Hotel on Paradise
Hotel.

The owner of the
truck, Charles Tyrone
Forbes, is one of the
RIU employees who was
offered items the proper-
ty is getting rid of in the
process of refurbishing
the hotel.

LOCAL NEWS

Govt announces turtle



ban from September 1

AFTER more than a decade of cam-
paigning by conservationists, animal rights
activists and concerned citizens, the gov-
ernment yesterday announced that as of
September 1, all harvesting, possession,
purchase and sale of sea turtles will be
prohibited.

The Ministry of Agriculture and Marine
Resources said that the Fisheries Regu-
lations governing marine turtles have been
amended to give full protection to all
marine turtles found in Bahamian waters.

The new regulations also prohibit the
molestation of marine turtle nests and the
harvesting of eggs.

An overjoyed Kim Aranha, co-chair-
woman of the Bahamas Sea Turtle Con-
servation Group (BSTCG), said yester-
day that the introduction of the ban is the
culmination of a long and arduous battle.

Amazing

“This is amazing and wonderful. We are
glad the government decided to do the
right thing. It has been tremendous work-
ing with (Minister of Marine Resources)
Larry Cartwright on this,” she said.

Mrs Aranha said the BSTCG under-
stands that the ministry polled a very large
group of Bahamians and that almost 90
per cent were in favour of the ban.

She said the next step for the BSTCG
will be working with the Marine Resources
Ministry to develop an educational pro-
gramme to help people understand the
new regulations.

The BSTCG, which was formed two

years, in the past few months took its cam-
paign for the ban to the next level --gath-

ering 5,000 signatures in support of the

ban, running full-page ads in the dailies
and holding a candlelight vigil on Raw-
son Square among many other initiatives.

The Department of Marine Resources
received hundreds of letters in support of
the ban, but the government wanted to
reach out to those who had not yet spoken
up before amending the marine turtle reg-
ulations.

Consultation meetings were held in
Abaco, Eleuthera, Grand Bahama and
Exuma with fishermen and other people
who wished to comment on the ban.

“The government has engaged in inten-
sive and extensive consultations with the
public over the issue of the ban on the
harvesting and sale of marine turtles for
the past 12 months.

“The commitment to the conservation
and preservation of these species while in
the Bahamian waters has been demon-
strated by the introduction of protective

measures and safeguards over the past .

two decades, starting with the actions tak-
en to safeguard the hawksbill turtle in
1986,” the ministry said yesterday ina
statement.

Up until,now, the turtle season was
closed between April 1 and July 31. As
of next Tuesday there will be a complete
prohibition on the harvesting of turtles.

Jane Mather, president of the Advocate
for Animal Rights and spokeswoman for
the BSTCG, said the ban will ensure the
preservation of a turtle species that are
close to extinction.

Police attempt to quell
fears of ‘serial rapist’

' THERE has been more than



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a decade of campaigning by
conservationists, animal -
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cerned citizens on the sea
turtle issue.



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By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

A SENIOR police offi-
cer yesterday again
attempted to quell fears of
a serial rapist targeting
female residents in the east-
ern area of the island.

His comments came in

response to concerns reach-
ing The Tribune from resi-
dents of eastern New Prov-
idence who faulted police
for not providing warnings
and a composite sketch of
the reported serial rapist.

the reported rapist forced
his victims to wash after the
attack, took bed-sheets and
other evidence, and had
attempted.to use a condom
in some cases.

Assistant Commissioner
Raymond Gibson recently
said there had been two
reported rapes and two
attempted rapes in the east-
ern area since March 2009,
but he did not provide
details on the attacks.

Meanwhile, Supt Moss
said police are still actively
searching for the house-
breaker who remains on

He added that police

intend to issue a compos-
‘ite sketch of the suspect

today.

Caution

He also warned the public
to exercise caution when
travelling at night.

"We still tell people to be
concerned about their sur-
roundings when they come
home - and it's not because
there is a serial rapist -but
there are persons who are in
or about New Providence

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WESTON PY BCES

i identify their assailants.

into custody for question-

. said Supt Moss.

Head of the Central the loose.
Detective Unit (CDU)
Supt Elsworth Moss said as
far as he is aware there is
only one unsolved rape
case in the eastern area, but
admitted that that part of
the island has been plagued
by a repeat housebreaker.

"There were one or two
persons who were sexually
molested in the eastern
area (but) persons were
charged with those offences
- there's no serial rapist in
the eastern area.

“I think there may be
one matter that we haven't
solved yet," said Supt Moss.

"(But) there has been
rape all over New Provi-
dence - that majority of
petsons who've been sexu-
ally molested, (they) can

around 4pm:

Most of those persons
would have already been in
custody and charged before
the court.

\
Burglaries

"The police are investi-
gating several burglaries in
the eastern area but it has »
nothing to do with a serial
rapist. There is a fellow
who is breaking into peo-
ple's houses in the eastern
area and in one or two cas-
es he may have taken per-
sons to the ATM machine
to get some money and

that's about it - but they
weren't sexually molested,"



Earlier this:month, The
Tribune was informed by a
source within the police
force that in the last month
or so, there have been at
least five rapes or attempt-
ed rapes in eastern New
Providence.

The source claimed that

who are trying to commit
some crime," said Mr Moss.

$500, D0 worth of suspected
cocaine found at container port

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - More than half a million worth of illegal
drugs were discovered yesterday at the Freeport Container
Port, police reported.

Asst Supt Loretta Mackey, press liaison officer, said that a
large quantity of suspected cocaine was discovered sometime

She said officers of the Drug Enforcement Unit (DEV) and
Bahamas Customs officers, acting on information received,
went to the container port to investigate.

While searching a container, they discovered three back-
packs which contained 25 kilos of suspected cocaine.

ASP Mackey said the drugs have a street value of $550,000.

The drugs were seized, but no arrests were made. Investiga-
tions are continuing into the matter.

There have been several drug seizures totalling i in the millions
of dollars at the container port this year.



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PAGE 4, FRIDAY, AUGUST 28, 2009

EDITORIAL/LETTERS TO THE EDITOR

THE TRIBUNE







The Tribune Limited

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






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




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







Publisher/Editor 1919-1972
Contributing Editor 1972-1991






EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B.
Publisher/Editor 1972-




Published Daily Monday to Saturday







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








TELEPHONES
Switchboard (News, Circulation and Advertising) 322-1986
Advertising Manager - (242) 502-2352 —
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Freeport, Grand Bahama: 1-(242)-352-6608
Freeport fax: (242) 352-9348












WEBSITE.
www. tribune242. com — updated daily at 2pm



Caymans should be a lesson to us |



THE CAYMANS were described yester-
day by a financial expert as having been
caught in the “perfect storm.” In a short

‘period of a year the country has been buffet-
ed from all sides — and the storm has been
far from perfect. The islands are now facing
a financial crisis: |

First it was Hurricane Paloma, which in
November. last year did tremendous dam-
age to the three islands — Grand Cayman,

-- Cayman Brac, and Little Cayman — setting
the country back with a costly reconstruction

- bill. Then in May this year the OECD
attacked the nation’s nerve centre — its tax
laws. Cayman is not only noted for its
tourism but'more importantly as a popular
tax haven. The country has now had to agree
to sign bilateral tax information exchange.
agreements.

And now the final blow.

Britain has rejected its dependent territo-
ry’s request for a loan. There can be no more
borrowing, said the Mother country. Instead,
wrote Brent Fuller in the island’s newspaper
— the Caymanian Compass— England has
told the Caymans to “seek sustainable rev-
enues to pay off its debt.”

Caught in an economic squeeze, the
“Caymans’ current budget situation requires
the overseas territory:to:obtain approval for
any additional borrowing from the UK’s
Foreign and. Commonwealth Office,” wrote
Fuller. And, he said, “the denial has placed
the islands in a tenuous position.”

Fuller reported McKeeva Bush, Leader of
Government Business, as saying ‘that the
.Caymans is now struggling to pay the salaries
of its civil:service.

- Mr Bush said the country is borrowing

- tens of millions of dollars a month to meet its

‘payroll.

According to the'Compass, the newspa-
per was told that employees .of some govern-

ment departments were informed that gov-
ernment would have to borrow if it were to

make September’s payroll. It was also

- unclear whether August pension payments

‘ to civil'servants could be met.

._ The Compass reported that government
leaders had earlier suggested.a year-long

“pension holiday” to save more than $40
million in the current budget year.

The public and private sector were to
meet this week to explore cost-saving ideas
to keep the country afloat.

_ “A financial adviser to the G20 group this




against taking on more debt to put off the
. effects of the global financial recession,” the
Compass reported.
“Avinash Persaud.told the BBC news that
Caribbean governments should make use
of development agencies, like the Interna-
tional Monetary Fund, to boost economic
growth.” :

‘Cayman is required to seek UK permis-
sion to borrow money because it is in breach . -
of at least three requirements under the
Public Management and Finance Law.

One of those stipulations is that it has
failed to retain its required cash reserves. It
ended its financial year on June 30 with an
operating deficit of nearly CI$76 million. It‘
has also exceeded the limit of public debt
that it can have compared to government
revenues.

~“Cayman’s projected operating deficit by
30 June 2010 is estimated now at $132 mil-
lion, without any significant budget cuts or
revenue increases,” reported the Compass.

Maybe Bahamians.can now better under-

i en





















be cautious.

Already the Bahamas has spent about
10 per cent more than it has earned.

.Britain’s position with the Caymans is
that its current revenues should meet its
expenses.

In the Bahamas’ financial year, 2006-
2007; the Bahamas was running a deficit of
$61 million: Last year — until the global
financial crisis hit — the Bahamas had
turned the corner, with a surplus of $24 mil-
lion. The country’s projected figures for this
financial year is an expenditure of $1.49 bil-
lion over revenue of $1.31-billion. The
Bahamas is now running on a deficit of $186.
million. In other words the Bahamas is
spending 10 per cent more than it is earning.

Maybe Bahamians will now better under- |
stand why Prime Minister Ingraham
announced in this year’s budget that salaries
would be frozen, the nurses’ health insurance
could not be paid in this fiscal year, and stu-
dent loans would have to be suspended, par-
ticularly as so many-students have failed to
repay their loans.

We would suggest that instead of constant
criticism, the PLP would settle down with
constructive Suggestions to prevent these

_ islands from falling i in the shadow of the
Caymans.


























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over 740 acres of pristine Bahamian beaches. Long known as a paradise

for anglers and divers allke, Bimini Bay Resort offers a plethora of options

for the most discriminating traveller. Bimini Bay Management Ltd. owns
and ppetates Bimini Bay Resort & Marina.

stand why the Ingraham governitient has+to.... |.

Looking forward
to the judiciary
functioning better

EDITOR, The Tribune.

Several years ago a friend

‘made the observation that
. Bahamians were delusional.

And, in studying Bahamian
society I am of the opinion that
this observation is very accu-
rate.

-A good example of this

propensity for delusion is in the

recent objection by the.

Bahamas Bar Association and
the Bahamas Chamber of Com-
merce to the appointment of
the former.Attorney General
as Chief Justice. of the Com-
monwealth of The Bahamas,
the objection being. ostensibly
that this would weaken the judi-
ciary and create “far too great
an appearance of a lack of sep-
aration between the executive

‘and the judiciary.” I find this

objection extraordinary as any-
one who has studied Constitu-
tional Law 101, and is familiar
with the Bahamas .Constitution,
the various Acts of Parliament
setting up the various courts

.. . and the Statutes relating to the

Judiciary would surely be aware
that any real separation of pow-
er between the executive and
the judiciary in The Bahamas is
a myth.

These two bodies would be
better advised to promote a



Waa wber.tS

letters@tribunemedia.net




strong judiciary; with a strong

Chief Justice as a weak Judi-
ciary with a weak Chief Justice
is a greater threat to the little
separation of power left than a
former Attorney General
attaining the position of Chief
Justice.

We have only to look at Bar-

- bados where a former Attor-
ney General in-the person of .

Sir David Simmonds became
Chief Justice. There has been
no hue and cry concerning a
lack of Separation of Powers
in that jurisdiction and Sir
David has served his country
well. lam acquainted with both
Sir David and Mr Barnett. I
have known the Barbados
Chief Justice longer but I

worked with Mr Barnett when *

he was first called to the Bar

and I see nothing in his charac-..

ter, his ability and his love of
and knowledge of the law
which would lead me to believe
that he would not serve his
country: as well as Sir David has
served his.

I would be more concerned
that sitting justices may have

. been feeling slighted in having

been by-passed. However,
there is precedent for this,
notably the appointment as

- Chief Justice of the late Telford

Georges who served with dis-
tinction.

The energies of both bodies
would be better served, as I see
it, in objecting to the continued
practice of appointing so many
former public officers to. the
judiciary, when the reputation

, of our Bench is. under constant
‘assault by the international

financial sector. With Mr Bar-
nett. as Chairman of the Judicial
and Legal Services Commission
this practice should dissipate,

Indeed I would be happy and
the country would be well
served if Mr Barnett could con-
vince two former acting Justices
in the persons of Messrs Philip
Dunkley and Brian Moree to
join him on the Bench. During
their tenure they showed abili-
ty, integrity and a good judicial
temperament which would
greatly enhance our Bench

I wish the present Chief Jus-
tice best wishes and God speed
and: look forward to a better
functioning Judiciary.

JEANNE I THOMESON
Nassau,-
“August 25, 2009.

How long will we continue hearing excuses
on the subject of capital punishment?

EDITOR, The Tribune.

My God! Headlines read
another Mother gunned down
in a senseless killing. Is it
another robbery gone bad?
There was a time when you

_ only had to worry about being

robbed, and you at least had
some comfort that your life
would be spared. At least you
could move on to replace

material possessions. ‘Today,
the criminal-element places:
material possessions above

that of someone’s life. Are we
all standing by now, waiting to
see who will be gunned down
next? What a way to live!

I express my condolences

to the family of Wendy
- Bullard. I also express my .

condolences to the 21st Cen-
tury Welding Family. I know
Mr Edward Smith, who is a
hard working, honourable
man and I accept his high
regards and respect for Ms
Bullard.

I recently wrote a letter
regarding the senseless killing
of Tagia Soles Armony,
whose mother is a neighbour
of mine. Since this letter, I
have' been advised that. cer-
tain Government Ministers
have’ spoken out in defense
of. the. Government and
whether'they have the abili-
ty to prevent crime. They

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seem to be defending an irrel-
evant point.

I don’t think anybody

expects the Government to

have the capacity and capa-.

bility to prevent crime and
these senseless murders,
which are rocking our nation.

This is too much for any

one Government to’be held

accountable for.

The causes of crime in our.
society are far more complex’

for any one Government ‘to
take responsibility for.
- However, Government
elected by the People, is fully
expected to-ensure that we
have an effective, swift justice
system that ensures the pun-
ishment matches the crime.
To date, Government ‘has
not shown itself capable of
carrying out this mandate. I’m
sure we can all agree that the
majority of Bahamian citizens
wish to have.capital punish-
ment enforced in this coun-
try. Aren’t we the same
Bahamian citizens that put
the Government. in

power? Are we:still an Inde-»

pendent Bahamas.or have we
sold ourselves out to special
intérest agendas and organisa-
tions around the world? The

last time I checked we were ©

still a democracy, not a dic-
tatorship. The personal views
ofa Prime Minister or his
Cabinet cannot be dictated
upon us. We deserve no less,

than a Government to enact ~

the necessary laws to ensure
‘that capital punishment is.car-
ried out by. an effective jus-
tice system in an efficient,
swift manner. J am not naive,
I know things take a consider-
able amount of time, even
in first world countries: How-

death :

ever, when was thé last time a
warrant was
signed? When was the last
time capital punishment was
carried out?

How many ‘senseless
killings have occurred during
this time?

How long will we continue
to’ hear excuses on the sub-
ject of capital punishment? ©

Would the Government
please stand up ‘and tell ‘us

‘what they-are doing to ensuré

that the desires ‘of the elec-
torate are carried out.

If the Government is not
prepared to.carry out capital
punishment, then stand up
and tell us so. At minimum,
we will then be an informed
electorate who can make a
decision on election day!

’ By the way, why don’t the
Human Rights organisations
and activists speak out on
behalf of murder victims and

: their families? °

They seem to always mouth
off on behalf of the criminal
and their rights, but have
nothing to say about the rights
of hard working people
gunned down in innocence. |

Anyway, let them stay on
the’side of evil. On another

_ topic, .can you believe that the

Government would appoint
such a prominent political fig-
ure as Chief Justice?

I will leave this one with
each of my fellow Bahamians
to formulate their answer.

Again, my thoughts and

ptayers g0 out to the family of
-. Wendy Bullard ‘and the 21st

Century Family.

JEROME R PINDER
Nassau,
fhtigust 22, 2009.

‘How about paving the

EDITOR, The Tribune.

road along the foreshore?

Like other Bahamians and visitors (I am sure), I am enjoying the
newly paved roads around Nassau very much. :

While doing a daily walk around the Montagu, along with
many others, I thought it would be wonderful to have the-road
along the foreshore paved while all the paving equipment is still

close by.

J. PRITCHARD
Nassau,

. August 27, 2009 .

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Email: simon@cavesheights.com


THE TRIBUNE

FRIDAY, AUGUST 28, 2009, PAGE 5



eae eee
Activist calls for State

Ministry advises
ontraffic at =
Saunders Beach —

THE Ministry of Works
and Transport advised yes-
terday that during the
removal of the casuarina
trees on Saunders Beach,
traffic management
schemes will be imple-
mented on West Bay Street
starting in the vicinity of
the Shell Service Station.

The ministry apologised
to the public for any incon-
venience that may be
caused and requested that
persons use the alternate
route - Grove Avenue
through Coral Drive.

“We anticipate that the
contractor, Jose Cartellone
Construcciones Civiles, will
carefully carry out the
works in accordance with
the contract specifications.

“We look forward to
your full cooperation and
encourage the driving pub-
lic to exercise patience and
caution when travelling in
the area during the con-
struction phase,” the min-

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

CHILD rights activist
Clever Duncombe is calling
for State Minister of Labour
and Social Development
Loretta Butler-Turner to be
sacked because government
has yet to enact the Child
Protection Act.

Given the recent statistics '

on child abuse, Mr Dun-
combe argued that the Act -
which was passed in Parlia-
ment in 2007 under the for-
mer administration - needs
to be urgently implement-
ed.

He also chastised Mrs
Butler-Turner and several
of the country's religious
leaders for being so "vocal"

Clever Duncombe says
Child Protection Act
must be implemented



on a proposed amendment
to the Sexual Offenses Act -
which would outlaw martial
rape - and accused them of
being virtually silent on the
need for. the Child Protec-
tion Act to be enacted.

"The Child Protection Act
has been passed, all we are
waiting on is for the minister
to put some amendments to
it and pass it - and today we
have no enforcement of the
legislation.

istry said.

"The minister is coming

MEMBERS of the Surgical Suite Sister Sect Breast Cancer Support Group.

IN THEIR quest to continue to wage
war against breast cancer as well as offer

hope and support to hundreds of women.

infected with the disease in the Bahamas,
members of the Surgical Suite Sister Sister

Breast Cancer.Support Group will hold its .
fifth annual prayer Breakfast on Saturday,

September 5 at 7.30am at. the Sheraton
Resort on Cable Beach. Tickets for the
event is $35.

The prayer breakfast is the main
fundraiser for the support group, which is
comprised of 150 members who are sur-
vivors of breast cancer — a disease that
continues to affect Bahamian women at
alarming rates.

“Every year we are delighted to hold the
prayer breakfast as a time to give thanks to
God for all of the many survivors that have
survived through the years from breast can-
cer. It is also a time for various survivors of
breast cancer, many persons who would
not have seen each other for a long time to
come together and to fellowship with one
another,” said Helen Rolle, secretary with
the Sister Sister Breast Cancer Support
Group.

Mrs Rolle, who ts also a survivor of
breast cancer, said that while the prayer
breakfast is a major fundraiser for the
group, it is more about the fellowship the
women will experience while praising and
giving thanks to God for his grace and mer-
cy.
The keynote speaker for this year’s
prayer breakfast will be Minister Carnetta
Ferguson of the Church of God of Prophe-
cy who is a survivor of disease.

The event is. sponsored by British Amer-



ican Financial.
Ministry of Health representatives alon

with well-known medical practitioners Doc-

tors Locksley Munroe and Charles Diggiss

also will be in attendance.

. Speaking personally about her experi-
efice as a breast cancer survivor, Mrs Rolle
who is also an ordained deacon at Mount

‘Moriah Baptist Church said: “Being a part

of this support group really means a lot to
me. I am so thankful that God through his
mercies has looked on me with His divine
favour one more time and has spared my
life to see another year.

Strength

“I must say that since joining the group
from day one they have been a source of
support and strength. When I am feeling
low some one from the group would call. In
fact there is not a day that goes by that I do
not hear from a sister from the group just to
say that I am praying for you or thinking
about you. eye

“The Sister Sister Breast Cancer Group is’
a support group for women because we all
share the same common factor and so we

are able to assist one another through :

prayers, through a kind word and let our
members who are survivors of breast cancer

know that they are not in this all alone but

we are all in this together.”

- Mrs Rolle is calling on-members of the

public to show their support. The funds
will be used to support survivors of breast
cancer as well as assist in the purchase of a
port-a-cath, a special instrument used in

. the administration of chemo therapy.

ey I

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up with a whole slew of
excuses as to why the Child
Protection Act cannot be
enforced and now she is
going after the impossible.
“It is almost impossible to
prove rape of a stranger -
imagine proving rape against
a wife.
"Children are going

through all these heinous:

_.descriptions that happen to a
married woman (so) why are
they all weighing in on this
particular legislation and not
the Child Protection Act,”
said Mr Duncombe, a
spokesman for the advocacy
group Bahamian Fathers for
Children Everywhere.

"If children are going
through the same (situa-
tions) as the minister is
describing that grown
-women go through ~ then
who should receive (priori-
ty)?

“But they are telling us to
leave that alone and deal
with (the Sexual Offences
amendment).

"The minister needs to
find something constructive
to do or the prime minister
needs to fire her," said Mr
Duncombe during an inter-
view with The Tribune.

’

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CLEVER DUNCOMBE



Earlier this year, the
National Council for Protec-
tion of Children revealed
that there were 719 cases of
child abuse in New Provi-
dence alone in 2008.

The group said that there
were 581 child abuse cases in
2005; 618 in 2006 and 545
reported incidents in 2007.

The Act would, among
other things, introduce
harsher penalties for abusers
and a legal obligation for
persons who are aware of

-child abuse to report the

crimes.

The legislation will also
allow for persons found
guilty of ill-treatment,
neglect or abandonment of a
child to face a fine not








S



954.578.4120

lly furnished and equipped apartments
by the day, week or month in

Specials: $85 per night 2 bed.
Sunrise. - Ft. Laude

ister to be sacked

exceeding $250 or imprison-
ment, or both, or upon con-
viction before the Supreme
Court a fine not exceeding
$1,000 or imprisonment for
three years or both.

The Office of the Attor-
ney General has said that
the Act would bring the
Bahamas into line with the
principles outlined in the
United Nations convention
on the rights of children.

The legislation will also
give fathers the right of
access to children born out
of wedlock.

Mrs Butler-Turner has
said the PLP administration
did not draft regulations
necessary to effectively
administer the Act. Last
June, she told The Tribune
that government needs sig-
nificant capital funding for
the law to be enacted.

.Attempts to reach the
state minister for an updated
comment were unsuccéssful
up to press time yesterday.

Mr Duncombe has been a
long-time supporter of the
legislation and said his group
will not give up its fight:
"This is a very wicked soci-
ety but we will fight again
on this and other issues. But
no more children in this
country can be touched

_ (while we) sit by idly.”




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PAGE 6, FRIDAY, AUGUST 28, 2009

THE TRIBUNE



LOCAL NEWS

FROM page one

Compared to the statistics of
2009, there was a 25 per cent
increase in murders which
stands at 55, a 12 per cent
increase in armed robberies
which is current at 532, and a
29 per cent increase in rob-
beries which is marked at
220. ,

Noting how the United
Nations’ office on Drugs and
Crime lists the average rate
of murder as five per 100,000
individuals as a measuring
stick for countries, Mr Turn-
quest said that the Bahamas,
with 55 murders thus far, “is
way over that number.”

“So we have to get down
to that level. There are some
callous killers on our street
that we have to get off of our
streets. Now I can’t stop the
crimes of passion. And when
you look at the statistics I
can tell you out of the 55
murders this year, what are
domestically related, what
are conflicts.

- “And I want to assure the
Bahamian people that no

Golden aes Sho

Hanging»

effort will be spared until we +
get those hardened criminals :
off of our streets and brought. :

to justice.

“That’s the challenge and
that’s what it’s all about,” he :

said.

al crime statistics.

Of the other statistics :
revealed yesterday during :
the-press briefing, the coun- }
try saw a decrease from Jan- :
uary 1 to July 31 of this year :

_ compared to 2008 in bur- }
glary, from 253 to 237, in :
housebreaking from 1546 to :
1398, in shopbreaking from ;
923 to 744, in stealing from :.
923 to 914, and from stolen :
vehicles from 532 to 728. i
Stealing from vehicles has }
increased from 663 incidents :
during the first seven months :
of 2008 to 746 incidents for :

the same period this year.

entre -&

The Minister added that :
the public will be able to rate :
the police’s new strategic ini- ;
tiative hopefully through see- ;
ing a reduction in the nation- :

FROM page one

told that supply issues had com-
promised the health clinic.in the
area and its store of medicines
which require refridgeration - a
claim Minister of Health Hubert
Minnis said he did not know to
be true.

With only one of the genera-
tors at the BEC station which
supplies the area working, offi-
cials took the decision to share

the electricity generated.

throughout various communi-
ties, leaving each without power

for “eight to fourteen” hours at -

a time, according to residents.

Yesterday they expressed
their anger and frustration that
it has. taken so long to restore
the supply - a problem which
Minister of State Phenton Ney-
mour said comes down to the
Bahamas Electricity Corpora-
tion having to travel to the US
to buy a new part for a broken
generator.

One government employee,
who declined to be named, said

that the heat in her home with- *-
* out air conditioning drove her to

spend two nights in the last
week sleeping on a beach near
her Fresh Creek home. On oth-

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Outages

er nights she slept outside on’
her porch.

“T’m about ready to go beat
‘up the manager (at the plant),”
said the woman.

Adding that the power prob-
lems have had a knock-on effect
on phones and the water supply,
she said locals have had to get
their water from the govern-
ment tap or Autec.

“Tt’s just taking too long,” she
said, referring to’ the efforts to
fix the supply.

In a statement released last
Sunday BEC apologised for the
“inconvenience caused” by
these sustained power outtages
and island-wide cuts in North
Eleuthera and on Abaco which
continued for 16 hours and four
hours respectively last weekend.

The statement said normal
service was anticipated to

resume in Central Andros by ©

Wednesday: This did not hap-
pen, and yesterday some areas
were still experiencing power

_ supply issues.

On Wednesday afternoon
another statement promised

that a mobile. generator unit was °

set to arrive shortly, to have
power restored “by week’s
end.”

Nelson Gaitor, owner of
Gaitor’s Variety Store in Fresh
Creek, said the ene have

hit his business hard: “It’s affect-

ed us very badly,” he said.

He had to pay for repairmen }
to come from Nassau to fix his }

computerised cash register,
which broke after repeated
power outtages this week and :

he must also find time and mon- }
ey to take a part from one of :
‘his drinks coolers to Nassau to }
be mended as a result of the. :

power failures.

Several hundred dollats ;
worth of meat and icecream

spoiled and having just ordered :
in some new inventory based :
on advice that the electricity :

supply would come back’on yes- i
‘terday, he was waiting to see if:
the power would stay on for the :

day.
‘MP ‘for North Andros aid. 3

_ some parts of Central Andros,
Vincent Peet, who was on the i
island this past weekend, called :
on BEC to urgently adress the :

situation.
“With fhe temperatures being

as brutal as it is almost inhu- :

mane conditions they’re going ;
through,” he said.

“I am very concerned that

our people get proper service.

They are paying for it and they i

are entitled to reliable service,”
he added.

He suggested that compen- | ;
sation may be in order for those :

who suffered equipment fail- :

ures as a result of the repeated :

outtages.

Zero- tolerance policy

FROM page one.

that the force has commenced its “crime reduction strategy”

which has been put in place to “counter.crime and criminals in our ;

country.”

This strategy, the minister said, includes four tenants, but will 5
focus primarily on targeting high crime areas, or known “hot ;
spots” to apprehend “known” individuals and bring them to jus-":

tice.

The other tenets of this strategy will include:

e focusing on reducing the number of homicides, armed rob-- i
’ beries, robberies, stolen vehicles and housebreakings; :
° targeting prolific offenders with a view to disrupting their :

‘operations and arresting them for offences they commit;

e and by enhancing public confidence with a-view to reducing

the fear of crime.

Flanked by Police Commissioner Reginald Ferguson, ees

e

Deputy Commissioner Elliston Greenslade, and other members’
of the force’s top management, Mr Turnquest told the media that »

the police will start today by targeting career criminals, many of: ;
whomi they know are already out on bail for other serious offences :

. and are continuing to cause problems for society. i
“There are some crimes that the police just can’t avoid happen- :
ing. The police can’t be in everyone’s bedroom, they can’t be on }

every street corner of every block.

“What we do know is there are some prolific offenders out
there who are leading many of these syndicates of crime that have i

to be dealt with,” he said.

The minister added: “Let me say, that the police know who the
prolific offenders are, as well as their areas of operation, and they :

will be:targeted. Every measure will be used to apprehend them,

and bring them to justice. High crime areas and known ‘hot
spots’ will be particularly targeted. for an increased police pres: :

ence, and for priority action.”

That action, the minister said, will be vigorous, swift and

“intense.”

“There is no‘magic wand’ that we can wave to get us through

these turbulent times,” the Minister:added.

“There is no simple fix for our crime problem. Crime is a mul- :
‘tifaceted and extremely complex problem, not just here in the
Bahamas, but in countries around our:region and around the }
world. If we find the crime rate unacceptable, then we each have :

to do something positive to change it.

“The government and the police will provide leadership, but :
law enforcement cannot be our only solution. Our police force }
needs strong partnerships in this initiative and in law enforcement |:

_ generally. They need increased citizen, community and private :
. sector partnerships, in areas including neighbourhood watch and
_ intelligence gathering, :

“We need parents to teach their children to respect law and ©

order, and the values and traditions on which our country was. :
built. What we do not need are parents who condoné their chil- :
dren in wrongdoing, or turn a blind eye to their misdeeds,” he.said. : .

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Catholic Church
FROM page one

_ pater allowed or permitted or
justified or rationalized under
any circumstance whatsoever.
“Tn our Bahamian community
today we need to become much
less accommodating of violence
in our domestic and social trans-
actions,” he said. ©
The Archbishop: said that
rape is never an act of love, nor

-is it ever an act of intimacy.

“Tt is always an act of violence

‘ against the person. Like any act
-of violence, be it physical, verbal

or otherwise, rape has no place
in the communion of life and
love which is marriage properly
understood,” he said: |
Further, he warned that when
forced sexual activity takes place
within the context of marriage

. the biblical understanding of

marriage is distorted and the
relationship between husband
and wife is ruptured.

“Such sexual activity is not
conjugal love and is rightly seen
as a crime against the dignity of
the human person,” the Arch-
bishop said.

Archbishop Patrick Pinder’

-said that the Catholic Church’s

support is given to the extent
that the proposed legislation
seeks to address the “unfortu-
nate reality of marital rape and
in the measure that it seeks to
perceive the dignity of every per-
son and.to safeguard marriage
as a covenant of life and love
between a man and a woman.”

The Archbishop said that
marital life, of which sex is an
essential aspect, must reflect the
reality of an “intimate union of
life and love.” | ~

“This love is to be aide all.
fully human, that is to say,:a

? . compound of sense and spirit,
i” reflecting each: ‘party’: s free gift of

self to the other. It.is also to be

‘an‘act of free will whose trust is

meant not only to survive but to:
grow. This love of spouses for

‘each other is to.reflect totally.a

personal friendship in which hus-
band and wife generously share.
everything,” he said...

In marriage, Archbishop Pin-
der said, man and:woman
become husband: and wife and
they love each other not only for
what one can give the other,.but
each loves the other for his or
her own sake.

“This means each respecting
the unique dignity of the other as
a human being and as an equal

~ partner before the Lord,” the

Archbishop said. :
However, Archbishop Pinder
admitted that when husband and
wife share a common home it is
reasonable to assume that they
engage in sexual activity and
under the circumstances it may
be very difficult in some cases
to prove that such sexual activi-
ty was achieved without the.con-
sent of the wife. . :
“Such cases make the applica-
tion of the law difficult. There-

. fore every effort must be made

to ensure that this law serves its
purpose well. In particular, care.
must be taken to protect against
false accusations of rape within

” marriage so as to safeguard the

presumption of innocence which
isa fundamental right of all per-
sons,” he said. °°

Toward this end the Archbish-

op said that it may be necessary.

to amernid section 6 of the Act
to provide that no prosecution
may be commenced against a
person accused of marital rape
without the consent of the attor-

* ney general.

“From Genesis through the
witnesses of St Paul, it is evident
in Sacred Scripture that God cre-
ated man. and: woman in such:a
way that through their bodies it
would be self-evident that:they
are called to love and give them-
selves to one another in the gift
of marriage.

“Love generating life is the
fundamental description we have
for God who created us and
redeems us. The reality of God’s
love for us.is made present in a
unique. way in marriage,” the
Archbishop said.

This is at the basis of the
Catholic understanding of Mar-

_ Tiage as a Sacrament.

“The radical equality between
man:and woman in marriage is
made manifest in the Genesis
story of creation. It describes the
relationship between the first
man and woman as the originat-
ing model of marriage: “The
Lord God’ said, ‘It is not good
for the man to be alone. I will.
make a suitable partner for
him.”

“In response the man states,
‘this one at last is bone of my
bone:and flesh of my flesh...’
This response expresses the pro-

- found equality and intimacy

between the man and the
woman as intended by God. In
other words woman and man
exist in partnership where one
partner completes the other part-
ner.

“The relationship is one of
complementarily and not owner-
ship. No person can be the pos-
session of another. Human digni-
ty does not allow this. The lega-
cy of slavery and its abolition

‘has surely taught us this lesson,”

the Archbishop said.

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM


FRIDAY, AUGUST 28, 2009, PAGE 7

THE TRIBUNE

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°GE 8, FRIDAY, AUGUST 28, 2009

THE TRIBUNE



McKinney’s remarks

Responding to Steve

By ADRIAN GIBSON’
ajbahama@hotmail.com

Go placidly amid the noise
and the haste, and remember
what peace there may be in
silence.

As far as possible, without sur-
render, be on good terms with all
persons.

Speak your truth quietly and
ciearly;

And listen to others, even to
the dull and the ignorant; they
too have their story.

Avoid loud and aggressive
persons; they are vexatious to the

spirit

iDesiderata, written by Max
Ehrmann in the 1920s.

ON MONDAY, I was bom-
barded by phone calls — in and

.. an excerpt from the poem ;

(a a oe



outside of the journalistic com-
munity — notifying me that
Steve McKinney, a giant joke
and well-recognized talking head
had, in an incendiary and nasty
monologue, launched a scur-
rilous and personal attack on me
when he made erroneous claims
on Island 102.9 FM’s Sunday talk
show Parliament Street.

Personally, I am not a listen-
er/viewer of any of Mr McKin-
ney’s programmes, and I have
never met him.

Frankly, Mr McKinney made
disparaging remarks that were
misleading, factually incorrect
and apparently based upon his
personal feelings. Steve McKin-

YOUNG MAN’S VIEW



Co SELON

ney, who appears to be a pander-
ing demagogue, seems to have a
finely honed ability to bend and
distort reality and, in this case,

’ proceeded to misinform the pub-

lic—presumably upset about a
recent column—and has there-
fore invited a response.

On July 31, The Tribune pub-
lished a column in which I sug-
gested that the new proposal for
the establishment of a Bahamas
National Press Association
(BNPA) appeared to be on the
fast track to crashing and burn-
ing, particularly as most credi-
ble journalists/columnists would
not come close to such an organ-

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TO DISCUSS STORIES ON THIS PAGE LOG ONT

is, as long as Steve McKinney, a
man who is not seen as a journal-
ist by many, remains vice-presi-
dent of the association. I ques-
tioned whether or not this was a
sick joke being played on the

country’s fourth estate, while ©

also highlighting the 2007 elec-
tion campaign in which Mr

McKinney appeared to be a -

political operative and propa-
ganda puppet for the then gov-
ernment, taking a seemingly
biased broadcasting stance on
public-owned radio. It is widely
know that following the present
government’s victory at the polls,
Prime Minister Hubert Ingra-
ham publicly told Mr McKinney
to “find (his) own ZNS” and
summarily fired him, presum-
ably for perceived maistise, of the
public airwaves.

Over time, I have come to
see Mr McKinney as an insuf-
ferable, overrated poser parad-

‘ing around town from one radio

_ Station to another.

In the Yuletide season of
2007/2008, Mr McKinney also
used the Parliament Street plat-
form to attack me, as well as Tri-

bune publisher Eileen Carron’

and then managing editor John

Marquis. I listened and remem- .

bered “what peace there may be
in silence”, choosing not to
respond to his comments..How-
ever, since this week Monday, I
have listened to Mr McKinney’s
recent egregious claims and fac-

- tual errors, and so today I will

address them while discussing
-McKinney’s so-called press club.
On his talk show, Mr McKin-

ney—who reminds me of an.imi-.

tation Rush Limbaugh—said:
“He is no journalist per se, he-is
a school teacher, a young fella

’ who just turned 25, by his’ own

admission in a column he wrote.

Column

“Why are you going to disre-

spect that (presumably meaning -

him and his experience), when
you yourself—you.-are just.a
kid—you just came into the field,
you're not even a journalist; you
write a column and they give you
something every now and then
in the newspapers,” he ranted,
even telling a caller that he did
not consider me a journalist.
Here, Mr McKinney seemed to
have been contradicting himself,
oscillating on what he thought
about me.

Mr McKinney continued:
“Certainly (he is) on the wrong
wicket if he’s gonna go around
the place attacking people whose

shoulders (he) should be stand-

ing on and appreciating that he
could sit at the feet and learn
something.”

At this point, it was clear that
Mr McKinney had implied that I
have never worked in a news-
room—this being breaking news
to myself and all those. who
know me. However, it appears
that Mr McKinney’s unsubstan-
tiated foaming-at-the-mouth

only illustrated an allergy to the”

facts and documentation—in this
case, as it related to me.

Yes, I am an educator. How-
ever, I'am also a trained jour-
nalist. Mr McKinney, I believe,
calls himself a journalist. and

\b4

wants to be seen as a “senior
man”—a leader of a press asso-
ciation—but, had he made the
slightest effort to conduct some

’ form of research, or had he sim-

ply called Tribune news editor
Paco Nunez, he would not have
spewed such blatant misinfor-
mation. Had Steve McKinney
taken his own advice and visited
The Tribune’s morgue, he would
have found news stories written
by myself. Although I had to
leave The Tribune’s newsroom
for college, even today I retain

my byline to pen a new story |

here or there and, at age 20, was
afforded the opportunity to write
a column. Go do your home
work, Steve!

Mr McKinney, you in my
opinion are a pariah in the jour-

. Nalistic community, so what—
pray tell—can I learn at your dis- ©

credited feet that renowned,
credible journalists such as Paco
Nunez, Erica Wells, John: Mar-
quis, Eileen Carron, or even Sir

Arthur Foulkes (now a politi-

cian with oversight of BIS) could
not teach me? What am I going
to learn at the feet of a govern-
ment propagandist—to be a “yes
man”, hiding behind a desk? Sir,
in my opinion, you are not in the
league of Kirk Smith, Phil Smith,
Carlton Smith, Rusty Bethel,
Darold Miller, Wendall Jones,
Picewell Forbes and several of
the other great broadcasters that
have graced the airwaves!

‘In 2007, when other pundits

- criticised this same “broadcast-

er” for what appeared to be
political pandering, an over
abundance of government:.con-
tracts and outright bias on tax-

payer radio, I remained silent

and sympathized with Mr McK-
inney. whose daughter also

.. passed away that year after she
* was brutally stabbed by her

boyfriend, who was the father of
her child.

However, Mr McKinney has,
in making his feeble argument
against me, chosen to sordidly
boost his claim to having more
experience by using the age of
his late daughter as a measuring
stick, saying that I “just reach’
and “well you ain’t start to live

* yet brother, my daughter would

have been older than you, have
more respect.”

He went on to say: “Obvious-
ly, somebody else influences him,
probably some person who he
respects a§ a journalist would

_. have influenced him to constant-

ly write such rubbish and non-
sense.” There is pathology here.
Nothing coul be. further from
the truth.

Steve McKinney : Iso claimed
that I said in a recent column
that “fat people should get a
life.”

That is a complete lie! Fur-
thermore, he claims that “he
attacks me because he don’t like
me, period” and that I merely
“want to be seen and counted.”
These statements are Jaughable
and it is pathetic when such a

“senior journalist” is fervently
demanding my respect. Today,’

Mr McKinney earns the title of
“misinformer of the week.”
There are some journalists
for whom I have’a great-deal of
respect, for eg, Nicki Kelly, Paco

Nunez, Eileen Carron, Athena
Damianos, Wendall Jones, Carl-
ton Smith, Erica Wells, P Antho-
ny White, etc. Some of these per-
sons are genuine journalists,
untarnished by any political
interests or scandal, and who
would be fitting heads of any
press club!

Indeed, it appears that as a
“journalist”, Mr McKinney has
lost his appreciation for journal-
istic freedom, since today he is
merely a propagandist for the

’ government’s mouth piece

(BIS), describing his role on Sun-
day. as “introducing what the
government is saying.” Yet he
has the nerve to talk about
reportage! The joke is that Mr
McKinney claimed, on the same
talk show, that he does docu-
mentaries—hopefully, that’s not
what they now call the dissemi-
nation of government propagan-
da.

Is it possible that Mr McK-
inney has got tired of trotting
behind government ministers,
and is now desperately seeking
to fabricate a feud to increase

his sagging listenership? Could it

be said that accurate reporting
may appear to be a secondary
consideration for Mr McKinney?
Who would want to be in a press
association with people who
work for government run organi-
zations such as BIS? BIS is not.a
part of the media, it is a part of
the propaganda arm of the gov-
ernment!

Journalism

Mr McKinney, if you are such
a great journalist, why did you
chicken out and join the govern-
ment propaganda machine
instead of staying in indepen-

dent journalism? ‘Or, is it maybe

that you couldn’t hack it or
maybe the profession didn’t
want you anymore? The job of
the real press is to speak for the
people, not for the government!

Does Mr McKinney—the
journalist—even write his own
script at BIS? Is this so-called
press club another cheap bid to
feel special, to promote a larger
group—even one comparable to
a lodge?

Bahamians are tired of Mr
McKinney’s arrogant and reck-
less talk.

Mr McKinney should try to

‘work on his personal develop-

ment rather than seemingly
seeking prominence and quick
fixes. This self-appointed vice

’ president should know that such

a press club—without open elec-
tions—is no backdoor route to
prominence or possible electabil-
ity. The news rooms have, for
the most part, all burst into hys-
terical laughter after receiving a
package from McKinney’s press
association, with several mem-
bers of the press openly express-
ing their resistance to even join-
ing a conga line with Steve McK-
inney in a leadership position.

If Mr McKinney really wish-
es to know what other real,
respected journalists think about
him, he should just google the
names “Sir Arthur Foulkes” and
“Larry Smith”. Sir, at times, I
am sorry that you have to suffer
the presence of yourself!

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WWW.TRIBUNE242.COM
TRIBUNE SPORTS

FRIDAY, AUGUST 28, 2009, PAGE 9

SPORTS



SPORTS
ili

Jlige approves
Michael

Vick's $20M
bankruptcy plan

FOOTBALL
NEWPORT NEWS, Va.
Associated Press



A JUDGE on Thursday
approved Michael Vick’s
plan to repay creditors $20
million and emerge from
bankruptcy, and the quar-
terback hustled out of court
to prepare for his return to
an NFL field later in the
night with the Philadelphia
Eagles. |
_ U.S. Bankruptcy Judge

Frank J. Santoro said while

Vick is “at the pinnacle of
his profession,” he has
proven unable to ‘manage
his finances in the past and
ordered him to retain a
financial planner as a con-
dition of approval. The
reorganization was over-
whelmingly approved in a
ballot of creditors and by
their representatives in
court, miata

Vick, 29, left the court
soon after with his fiancee,
Kijafa Frink, to catch a
flight back to Philadelphia
and make his debut with
the Eagles in a preseason
game. He was released
from federal custody July
20 after serving 18 months
of a 23-month sentence for
his role in running a dog-
fighting ring.

“I’m happy it’s over. I
can move on with my life,”
said Vick, who was beam-
ing as he left the court-
house. “I think my lawyers
did a great job. I commend
the judge. I commend the
creditors’ committee, every-

. body. We finally got it all
together. I’m just happy we’
‘can move forward.”

The plan approved by
Santoro was supported by
all but one creditor, which
is owed $13,000. It hinges
on Vick liquidating an esti-
mated $9 million in assets,
including houses, boats and
high-end sport utility vehi-
cles and future NFL earn-
ings. He would not have to

Meron te



pay creditors during the
first year with the Eagles.
If successful, creditors
would be paid in six years.

Vick was briefly ques-

tioned by one of his attor-

neys to establish his
employment.
“What do you for a liv-
ing?” Paul Campsen asked
Vick.
“Quarterback,” he
replied in.a hushed voice.
Most of the hearing was
devoted to a thicket of
‘ financial details, a parade
of lawyers to the bar, and
detailed estimates on Vick-
’s future earnings. As an
Atlanta Falcon, Vick was
once the highest paid play-
er in the NFL.
“Do you think the plan
is feasible?” the judge
asked Ira M. Spiegel, a

financial adviser who had °:

examined the reorganiza-
tion plan and will advise
Vick in the future.

“Yes, Ido,” he replied-

“Would it be pretty safe
bet you’d be putting Mr.
Vick on a budget?” the
judge asked.

“Yes,” Spiegel replied.

After paying creditors
and investing his earnings,
Vick would have annual liv-
ing expenses of $300,000,
Spiegel said.

Future payments would
depend on Vick’s salary,
with creditors getting pay-
ments based on how much
Vick earns. The Eagles
have a $5.2 million option
for next year, not including
incentives.











BASEBALL
MIAMI
Associated Press

TIM REDDING pitched |
' 62-3 innings Thursday to give

the Mets’ injury-ravaged staff
a boost and help New York
snap a five-game skid with a
10-3 victory over the Florida
Marlins. oe Sere

Redding (2-4), making his
second start since July 2,

-allowed three runs — all on

leadoff homers — and five
hits.

New York scored nine runs
with two out and tied a sea-
son high with 17 hits. Florida
fielding lapses led to five runs.

Fernando Tatis connected
in the eighth to finish 6 for
13 in the series, and Angel
Pagan also homered for the
Mets. Daniel Murphy dou-
bled twice and drove in three
runs. Wilson Valdez reached
base four times, scored twice
and drove in a run.

The Mets salvaged some-
thing from their visit to Mia-
mi after losing three pitchers
in the first two days of the
series with season-ending
injuries.

Chris Coghlan led off the
Marlins’ first inning with a
home run and went deep
again in the sixth. Dan Uggla
hit his 23rd homer to start the
seventh, but that still left
Florida trailing 8-3.

The Marlins’ Anibal
Sanchez (2-5) lasted only 3
2-3 innings in his second start
since recovering from a
shoulder strain that put him
on the disabled list. He
allowed four runs, two
earned, and eight hits.

«The Mets scored two

unearned runs in the second





Redding, Mets beat Marlins

thanks to an error by first.

baseman Ross Gload, and
added three in the fifth after

- center fielder Cody Ross hes-

itated when he had a chance
to throw out a runner at
third. _

‘ Less than 5,000 spectators
turned out for the afternoon

-game, but there were enough. .
. transplanted New Yorkers to

muster an occasional chant
of “Let’s go Mets:”

They had plenty to cheer
about. The Mets trailed 1-0
before scoring three times in

the second. Anderson Her-:

nandez doubled in the first
run, and another came home
when Gload misplayed a
sharp grounder by Valdez.
Murphy followed with an
RBI double.

Valdez reached on a bunt
single in the fourth, advanced
on an error and scored on
Jeff Francoeur’s two-out sin-
gle. :

_New York scored four runs
in the fifth — all with two out
— to make it 8-1. Valdez hit

an RBI single, Murphy dou: ”

bled home two runs and
Francoeur added a run-scor-
ing single. “

NOTES
e Mets LHP Pat Misch will make

his first start of the season Friday’

against the Cubs.

e The Mets gave 2B Luis Castil-
~ lo and LF Gary Sheffield the day

off. Sheffield is nursing a sore
back.

© Marlins C John Baker (back)
took the day off.

‘e Before his homer, Uggla was 1
for 14 lifetime with eight strike-
_Outs against Redding.



camp after 31 days

FOOTBALL
NAPA, Calif. |
Associated Press

SOON after Todd Watkins
pulled in a touchdown pass

from Jeff Garcia and the .

three horns rang out to sig-
nal the end of practice, the
trucks pulled up and the Oak-

land Raiders started packing |

forhome. . af
Their 31-day stay in wine
country was Officially over
and the Raiders will now
make their final push to the
start of the season at their
year-round headquarters in

- Alameda.

“I’m happy to go home,”
Pro Bowl cornerback Nnamdi
Asomugha said Thursday. “It
was long. I think we are the
only team that’s still in? Gol-
ly.” ’

Some of the issues that
arose since the team arrived
here July 28 will be following
them back home. Most
notably, coach Tom Cable
will still be hounded by
reports that he assaulted
defensive assistant Randy
Hanson at the team hotel in
Napa earlier this month.

The Napa police and the »

NFL are investigating the
attack, which is sure to make
more news in-the weeks to

in wine country

come: Cable said once again

Thursday that he’s not con-

cerned about it.
He’s more focused on the

on-the-field issues that mate-

-rialized in training camp. Af ;
“big. focus this offseason was ee eae

upgrading a passing game
behind quarterback JaMarcus
Russell that has struggled
mightily the past three years.

Russell started slowly in

terms of finding a rhythm

with his receivers in camp but
perhaps had his best two days
of practices this week with
crisp passes that were thrown
on time and on target.

After being somewhat cod-

* dled in his first two NFL sea-

sons, Russell says the passing
game might soon be able to

‘carry the offense on days the

running game isn’t clicking.
“We’re getting there,” Rus-
sell said. “It’s a process and
we're going through it togeth-
er. It’s not like it’s one, per-
son’s job. Everybody’s job has

to be done in order. to get.

there. We’re on our way.”
The Raiders were dealt a
setback in camp when one of
this summer’s early stars,
Chaz Schilens, went down
with a broken bone in his left
foot while running a route in
practice. Schilens emerged
late: last season as a rookie

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM



NEW York Mets'
Cory Sullivan.
(19) steals sec-
ond base as
Florida Marlins’
Dan Uggla fields
the late throw
during the third
inning of a base-
ball game in Mia-
mi, Thursday,
Aug. 27, 2009.

-Alan Diaz/AP Photos



~NEW YORK Mets' Tim Redding pitches against the Florida Marlins during the second inning ofa

. baseball game.

|
|





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ORR eV TRINNY T ATA SHH
PAGE 10, FRIDAY, AUGUST 28, 2009

TRIBUNE SPORTS



Jolin Bull Jets makes donation to
the Cancer Society of the Bahamas

a

THE John Bull Jets gained extra
points off the field with a donation
to the Cancer Society of the
Bahamas in the honour of promi-
nent businessman and an active
member of the community, Garth
M Thompson.

Mr Thompson was not only a

father to the team but also an avid ©

fan.
President and team captain

Philip Rahming said: “The reason .

that we chose the Cancer Society is
because the Thompson family is
very dear to us, have recently lost a
husband, father, grandfather to
prostate cancer, and is helping in
the awareness of prostate cancer.
So we as a team.of men decided to
support them in this.”

The John Bull Jets are not only a ©

football team but also a service
organisation providing help and
service to many members of the
community. The Jets have:com-

mitted ‘themselves to the aware-

ness of prostate cancer as one of
their community involvement over
the next year.

“It is becoming of us to exceed
the standards and expectations of
the sporting world here in the
Bahamas by making our organisa-
tion the top in sports,” said Mia
Campbell, administrator and pub-
lic relations for the John Bull Jets.

The donation was greatly appre-
ciated, and Earl Bethel, president





- Jeff Roberson/AP Photo

‘ST. LOUIS Cardinals starting pitcher Chris Carpenter throws during the second inning of a baseball

of the Cancer Society, said: “I was
“once a Jets fan many years ago,
love football and (grateful) for the
donation and the commitment of
the team as young men in the com-
munity, and. look forward to- the
upcoming relationship between the

- game against the Housten Astros, ei, AUD: 27, 2009, in St. Louis.

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GARTH Thompson’s family and
the John Bull Jets representatives



John Bull Jets and the Cancer Soci-
ety of The Bahamas.”

The John Bull Jets also present-
ed the family.of Mr Thompson and
the society with each a desert rose
representing Mr Thompson’s fight
with cancer and Jets T-Shirts.

(I-r): Minarda Thompson-Powell,
daughter; Irene Thompson, wife;
Philip Rahming, Jets president
and captain; Mia Campbell, Jets
administrator/PR; Earl Bethel,
Cancer Society president; Susan
Roberts, Cancer Society treasurer;



Trent Thompson, grandson, and
Travis Thompson, son.

*

Keppinger homers,
Astros beat

BASEBALL
ST. LOUIS
Associated Press

ONE big swing from Jeff

_Keppinger, hardly a long-ball

threat, eased the Houston
Astros’ frustrations after get-
ting worked over by St. Louis

. Cardinals pitchers.

Keppinger hit a tiebreaking
homer with two out in the
ninth inning and Houston ral-
lied to beat the Cardinals 4-3
on Thursday, avoiding a three-
game sweep.

Keppinger’s shot to left ona

- 2-2 pitch from Kyle McClellan

(4-3) was his fourth of the sea-
son and first since June 19. He

~ has only 17 homers in 1,116 .

career at-bats, so he:was run-
ning when the drive barely
cleared the wall.

“It was kind of nice to see
the outcome,” Keppinger said.
“You ever look up at the
scoreboard and see my totals?”
_ Jose Valverde (2-2) pitched
two scoreless innings for the

Astros, who scored all four
“runs with two outs and won

for only the fifth time in their

lJast 19 road games. They

avoided a second three-game
sweep in St. Louis this season
by taking the final game of a
series that featured only 13
tuns in three one-run contests.

The Astros rallied a day
after Roy Oswalt complained
of a “dead” team atmosphere.
The Cardinals won the first
two games 1-0 and 3-2.

Cardinals 4-3

“This was real big,” Kep-
pinger said. “You don’t give
up just because you’re 10
games or 11 games back. You
know, you play it all the way
out to the end.”

Matt Holliday homered for
the NL Central-leading Cardi-
nals, who lost for only the
fourth time in 19 games. St.
Louis, which had won four
straight overall, went 1 for 10
with runners in scoring posi-
tion. and missed chances to
score in each of the last three
innings.

“We all want to come in
here and high five and play
music and have fun,” Brendan
Ryan said. “But we can’t do
that.”

The Astros tied it on Darin
Erstad’s RBI double off
McClellan in the eighth, spoil-
ing Chris Carpenter’s bid for
his 15th win. Keppinger’s first
homer in 116 at-bats barely
cleared the left-field wall. Hol-
liday made a try for it but.the
ball appeared to sneak under
his outstretched glove.

- “Tt was close,” Holliday said.

-“J felt I had a chance at it and

timed it pretty well. Those are
hit or miss plays.”

Ryan Ludwick’s two-run sin-
gle off Brian Moehler in the
sixth, only his third hit in 17
at-bats against the right-han-
der, put the Cardinals ahead
3-2. Holliday’s 18th homer
came in the second and was
his seventh in 31 games with
St. elles



Barcelona to
face Inter Milan.
in Ghampions
League

: SOCCER
: MONACO
; Associated Press

DEFENDING champion

Barcelona will face Inter
: Milan in the group stage of
; the Champions League.

Zlatan Ibrahimovic and

: Samuel Eto’o could face
: their former clubs after the
: Spanish and Italian champi-
? ons essentially swapped
: strikers in the offseason. The
: toughest group of eight
i drawn Thursday also has
: Dynamo Kiev and Russian
i club Rubin Kazan.

“Samuel will face the

: return leg in the Camp Nou
? full of motivation but we
: also will be able to count on
? a player who will be special-
: ly motivated — Ibrahimovic
? on his return to,San Siro,”
: Barcelona president Joan
-} Laporta said. .

Nine-time champion Real

? Madrid will play AC Milan
: after buying Kaka from the:
: Italians in the offseason: The
? group includes Marseille
i and FC Zurich.

Manchester United: will

: play Wolfsburg, CSKA
: Moscow and Turkish cham-
: pion Besiktas. Chelsea was
? drawn’ with FC Porto,
: Atletico Madrid ‘and
? APOEL Nicosia, a new-
: comer from Cyprus.

Four-time winner Bayern

:? Munich and Juventus, a
? two-time champion, were
: grouped with French cham-
: pion Bordeaux and Maccabi
i Haifa of Israel.

Liverpool will begin its

? quest for a sixth European.
: championship against Lyon,
:' Fiorentina’ and Hungary’s
? Debreceni, the only nation-
: al titleholderin the quartet.

Arsenal avoided big-name

i opponents and any particu--
i larly long journeys when it
‘ towas grouped with AZ Alk-
-i\maar ofthe Netherlands,
? Greece’s Olympiakos and
i Standard Liege of Belgium.

Sevilla will play Rangers,

? Stuttgart and Romanian
; champion Unirea, which
: had never played top-tier
;. football until 2006.

Each team will play~

home-and-away against all
: three opponents, with the
? top two in each group
? advancing to the knockout
? rounds beginning in Febru-
: ary

The first group matches

i are played Sept. 15-16. The
: final is scheduled for May
: 22 in Real Madrid’s Santia-
:; go Bernabeu stadium.

The 32 clubs will share at

? least $1.07 billion in prize:
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? $1.56 billion in total rev-
? enues from television and
; marketing deals.

Each gets $10.1 million

: for participating, plus bonus-
: es based on results. The final
: is worth an extra $12 mil-
} lion to the winner and $7.4
: million to the runner-up.

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TILE .7T-R1IB UNE

Knowles,

Bhupathi

top contenders
for doubles title

~ By RENALDO DORSETT
Sports Reporter
rdorsett@tribunemedia.net

HEADING into the Grand
Slam finale of the year, Mark
Knowles and Mahesh Bhupathi

are pegged to be top contenders’

for the doubles crown as one of
the tour’s top ranked duos.

The team is ranked third on
the ATP Doubles Team Rank-
ings having amassed 4,390
points in 16 tournaments this
year. ©

Knowles’ former partner,
Daniel Nestor, along with
Nenad Zimonjic is the top

tanked team on the tour with.

8,650 points in 18 tournaments,

followed by familiar adversaries

Mike and Bob Bryan with 8,025
points in 19 tournaments.

Lukas Dlouhy and Laender
Paes are fourth with 3,740
points while Lukasz Kubot and
Marach Oliver round out the
top five with 3,050 points.

_ While the US Open draws for
both Ladies’ and:Men’s Singles
were released yesterday, Dou-
bles and Mixed Doubles draws

will. not be released until the

week of the 31st.

. pltnowles, and d Bhupathi, along |

| Ranked third

in doubles

team rankings

with many of the other top dou-
bles squads are currently sitting
out competition this weekend
at the Pilot Pen Tennis Tourna-
ment in New Haven, Connecti-
cut and resting for the US
Open...

Both Knowles and. Bhupathi
boast favourable records at the
Grand Slam ‘with championship

. titles won with former team-

mates.

Knowles and Nestor won the
‘US Open title in 2004, while

Bhupathi and Minny’ won in
2002.

Both veterans on tour, ‘this
will be Knowles’ 15th appear-
ance at the US Open; while
Bhupathi will play in his thir-
teenth.

His Grand Slam resume this

.season includes a runners-up

finish at the Australian Open,
a third round exit at Roland
Garros and a suarter ine) loss at
Wimbledon.

e cinerea MARINE
Bahamas. Rotary =



































RO Ease

o John Bull



New Providence
powerlifting _
championships
set for this
weekend

AFTER being dormant on the

: local sporting scene for quite some
4: time, The Bahamas Powerlifting ©

: Federation is preparing to make
: a return with its marquee event
i this weekend.

The Federation will host. the

: New Providence Championships,
: Saturday. 29th, August at the Col-
: lege of The Bahamas Wellness and:
: Fitness Center.

The event returns from a near

: decade long hiatus as interest in
: the sport had waned and organis-
: ers struggled to find competitors.

‘ Competition begins at 10:00am;

with weigh-ins occurring at 8:00am.

' Federation President Rex Burn-

: side said he expected approxi-
|: mately 30 lifters including many

| | newcomers contesting nine divi-
: sions for men and five divisions
: for women.

Burnside noted the reintrodiic-
ion for the New Providence



: Championship became necessary
| ; because of the steady growth in
i the sport among younger lifters.

With the increasing number of

i athletes involved in powerlifting
: according to Burnside, the younger
: lifters are asking for more compe-
; titions which would keep them
: active and prepared for powerlift-
: ing year round.

The youth movement in the

: sport will be cemented with Keith
: Cox of COB’s Wellness Center,

i serving as the federation’ s Youth:
; Director.

Application forms for the New

Providence Championships can
i.be picked up. from..any- local
: gymnasium.


















o Bahamas Bus & Truck
o Nassau Agencies (1995) Ltd
: o Nassau Motor Company
Cae a . oKing & Co o Sunshine Insurance
o Harbourside Marine Py oCitl Bee) SS REC.






0 SG Hambros. 0 Cycles Unlimited o Media Enterprises Ltd -
oGreen Parrot o KPMG o Executive Printers

o Kerzner International o Outdoor World o SunTee Embroider Me

o Ministry of Tourism 0 Pinder Enterprises ©The Tribune A

o Arizona/BWA o Pinder Tile Judges —

o Bahama Ferries -oNPDC ROTARIANS



ROTARACTORS



o The dAlbenas Agency o Family Guardian



Congratulation:

alma saat

Richard caughta

NCU Ce li helene late Be Vel oly

with Nick Rademakey of -

Haroourside Marine bie ic
Fy his t trophy, ‘

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM
PAGE 12, FRIDAY, AUGUST 28, 2009

THE TRIBUNE



Government continues with its Family

Island healthcare services initiative

ay MATT MAURA

NICHOLL’S TOWN, Andros -
Chronic, non-communicable diseases
(CNCD) such as hypertension, dia-
betes and respiratory illnesses have
accounted for almost one-fourth of

the 8,000 annual visits to the —

Nicholl’s Town Community Health
Centre over the past five years, Min-
ister of Health Dr Hubert Minnis
said.

Dr Minnis said statistics further
show that respiratory illness was the
leading cause of clinical visits by
infants, school children, and pergene
over the age of 15.

. The relaunching of healthcare ser-

vices at the Nicholl’s Town Commu- |

' nity Health Centre will allow health
officials to provide “an even more
comprehensive kind of treatment”
to residents of North Andros par-
ticularly as it relates to the preven-
tion and treatment of CNCDs.

He urged residents of North
Andros to “take full advantage” of
the services at the newly-refurbished
health centre and to ensure that they
receive regular check-ups in order
to remain CNCD free.

“Prevention is still better than
cure,” he said.

Dr Minnis was accompanied by
the Member of Parliament for North
Andros and the Berry Islands Vin-
cent Peet and officials from the Min-
istry of Health, the Department of

Public Health and the National

Insurance Board.

CNCDs are still the major cause of
illness and hospitalisation worldwide,
Dr Minnis said.

“The relaunching of the health-
care services here in Nicholl’s Town
and other parts of the Bahamas is
part of the government’s overall plan
to ensure that the provision of com-

_ prehensive primary healthcare ser-

vices is extended to every Bahami-
an,” he explained. |
Two weeks ago, the Miriam Green

Community Health Centre in John- .

son Bay, South Andros was
relaunched. i.

Health officials say the provision
of increased healthcare services at
the Miriam Green Centre will lead
to the expansion of primary health-
care services in South Andros

- through the provision of dental, X-

Ray, emergency, maternal and oth-

er services. ‘
The new Miriam Green Centre,

Dr Minnis said, is “evidence” of the
ministry’s commitment to improv-
ing quality primary healthcare ser-
vices throughout the Bahamas.

The fight to reduce CNCDs comes
almost 30 years after health profes-
sionals won. the fight against com-
municable and infectious diseases,
he said.

In order to address these issues,

healthcare services are being restruc- .
tured. They will focus on preventa-

tive care, he said.
“Access to affordable primary

healthcare services is the goal of the
‘Ministry of Health,” Dr Minnis said.

“Over the past two years, strategies
have been developed to improve
access to services through known
standards and quality guidelines.
“As a result, the four main poly-
clinics in New Providence are linked
to clinics in the Family Islands which
will provide additional expertise and
support to residents of those

Wier ae Nr Bahamas.
CER ee eeE cece s

www.mastertechbahamas.com



islands.”

An additional benefit twill be that
Family Island residents, if they have
to visit one of the “linked” polyclin-
ics in New Providence, can be treat-
ed by the same doctors who treated
them in their island of residence, the
Health Minister said.

While other improvements will

take place, the onus is on the resi-
dents of North Andros, and citizens
throughout the Bahamas, to:take
responsibility for their own health

DR HUBERT
Minnis (right),
Dr Lyke
Ugwuoke
(centre), dis-
trict medical
officer for
Nicholl's Town
_ and Mastic
-Point, and
Member of
Parliament for
_ North Andros
_and the Berry
Islands Vin-
cent Peet, tour.
the Nicholl’s
Town health
facilities.

by exercising, eating the right foods
and practising healthy lifestyles in
an attempt to reverse the trend of
CNCDs, Dr Minnis advised. He also-
encouraged residents to work close-
ly with their healthcare teams.
“This partnership is needed to
reverse the trend of obesity, high
blood pressure, diabetes, cancers and
other chronic illnesses which con-
tinue to rob us of our ability to enjoy

the best that life has to offer,” Dr

Minnis said.

Whirlpool®
Energy Star®
Kitchen

| Suite
$7,225
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you pay cash.

frozen oe



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Insurer’s
net income
drops
66.7% hay
2009



* Security & General
profits hit by $2m
claims increase
* Company takes
provision for some
$2m, or one-third, of

$6m in outstanding
premium income ~
payments owed to it |
by agents

By NEIL HARTNELL ©

Tribune Business
Editor



A major Bahamian
general insurance carrier
saw its net income for its
2009 financial year _ ,
slump by 66.7 per cent
to just $286,963, as a
modest increase in net
premium income was
more than offset by a $2
million increase in
incurred claims to $5.597
million.

Security & General,
which is 70 per cent
majority-owned by
Bermudan insurance~
group, Colonial Group
International, was the
least profitable of all the
five Bahamas-based
general insurance carri-
ers during the past five
years, its rivals Royal-
Star Assurance,

Bahamas First, Summit
and Insurance Company
of the Bahamas all
reporting net income in
the multi-million dollar
range for 2008.

And Security & Gen-
eral’s results for the
financial year ended on
January 31, 2009, show
that the company has
suffered a cumulative .
$1.719 million net loss
for the 19 yeats since it
first started writing busi
ness in the Bahamas,
this sum being the accu-
mulated deficit it has
run up.

And on the balance.
sheet, the key item of
note was that Security &
General, as at January —
31, 2009, was owed
$6.436 million by agents :
and brokers who wrote
and sold policies for it.

This sum represents
largely insurance premi-
um income that should
be passed to the carrier,
yet the figure had risen
by 7 per cent year-over-
year, compared 'to 2008’s
$5.986 million.

_. And Security & Gen-
eral had taken a loss

rovision for some

2.113 million of this:
amount, meaning it
believes it will be unable
to collect 32.8 per cent -
‘one-third - of that *
amount.

Tribune Business has
been told by sources close
to the matter that Secu-
rity & General is already |

SEE page 5B



FRIDAY,

ECTION B ¢ business@tribunemedia.net

AUGUST 28,

2009

3-4m Pageant boost.
for Bahamian firms

HH Companies say Miss Universe revenues ‘valuable to survival during recession
(8 Three Bahamian firms contracted for each of Pageant’s six events, say organisers,

with occasion forming part of ‘economic stimulus package’

Showcase proves to world that Bahamas can handle, and make success of large
events, potentially acting as spur to attract others

OWEN BETHEL

Data deficiencies
complicates TIEA
signing strategy



















RAY WINDER

By NEIL HARTNELL

Tribune Business Editor

- The Bahamas must not be
the first to sign a Tax Infor-

mation Exchange Agreement ©

(TIEA) with a country where
a significant number of its

financial services clients come

from because it. could then
lose them, Tribune Business
was told yesterday, but a lack
of hard data would compli-

cate decision- -making on this: -

jjssue.,
Raymond Winder, manaing

‘partner at Deloitte & Touche

(Bahamas), said that because

‘the financial services industry
and the Government lacked
‘comprehensive data on the

sector’s overall client make-
up, it was difficult to deter-

mine all the countries that.

supplied a significant per-
centage of its high net-worth
and ultra high-net worth
clients.

Arguing that the Bahamas’
continued stay on the G-
20/OECD ‘grey’ list of nations
that had yet to implement
‘global standards’ on tax
transparency and information
exchange was unlikely to have
any impact on the country’s
financial services sector in the
short-term, Mr Winder said:
“What is more of an issue
from the client point of view is
who the Bahamas agrees
TIEAs with. That will be or
more interest to the clients.

“Clearly, I think the Gov-

ernment needs to move in .

that direction, but they need
to pay particular attention to
who we’re signing up with.
We don’t want to be the first
to sign up with countries we
have a significant number of
client relationships with.”
‘But he added: “Because we
in the Bahamas don’t know
where much of our client

SEE page 2B.



By NEIL HARTNELL
Tribune Business Editor

Bahamian businesses that
provided services to the Miss
Universe Pageant received a
collective $3-$4 million rev-
enue injection into their com-
panies, the event’s local co-
ordinator told Tribune Busi-
ness yesterday, something
those firms had said was

-“valuable” to their survival

Senior accountant
warns Bahamas must. -
not be first to sign tax.
deal with country large
numbers of clients

from, as.business could
flee, but lacks-

information to assess

opportunities/losses

during the recession. _
“We can safely say that

we’re probably looking at /

anywhere in the range of $3-
$4 million being injected into
businesses in terms of their
operations,” said Owen
Bethel, when asked about the
Pageant’s impact for the 30-40
Bahamian companies who
supplied services to it.

SEE page 4B

















































































FAMILY GUARDIAN

INSURANCE COMPANY LIMITED:



Water Corporation’s

‘hundreds of millions’
in investment :
requirement

* Corporation covering just 60 of operating expenses
* Pipes in ‘old Nassau’, between Dick’s Point and

Arawak Cay, all need digging up and replacing
|* New business plans to address non-revenue water,
| staffing, water barging

By NEIL HARTNELL
Tribune Business Editor





fe









The Water & Sewerage Corpora-
tion. requires “hundreds of millions
of dollars” in investment to turn its
deteriorating financial performance
around and meet future infrastruc-

ture requirements, a government min-

SEE page 3B









PHENTON
NEYMOUR




Almost $151 in airport
contracts go to Bahamians

By CHESTER ROBARDS
Business Reporter ~
crobards@tribunemedia.net

THE NASSAU Airport Development Company (NAD)
has to date spent $10.4 million in the Bahamas on design, engi-
neering and consulting for the Lynden Pindling International
Airport (LPIA) redevelopment, its chairman said yesterday,
while $14.8 million has been awarded in construction contracts
to Bahamian firms.

Frank Watson, who is also chairman of the Airport Author-
ity, said 73 per cent of labour on the project will be provided
through Bahamian contractors, while a "significant" amount of
work awarded to international firms will be sub-contracted to

-local companies..
“In the upcoming months, approximately 40 contractors will

SEE page 6B




























































FAMILY GUARDIAN 396-1355 | BAHAMAHEALTH 396-1300 | FG CAPITAL MARKETS 396-4076 | FG FINANCIAL 396-4080

FU laa Tse Sor Usa

ABACO | ELEUTHERA | EXUMA | CORPO






E CENTRE: EAST BAY STREET | www.famguardbahamas.com

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00 page

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PAGE 2B, FRIDAY, AUGUST 28, 2009

THE TRIBUNE



a Ee eee eee
Environmental concerns

Data deficiencies
complicates TIEA
signing strategy

FROM page 1B

business is coming from, because we do not have that data, it
makes it difficult to size up opportunities and losses that might
occur if we sign with certain countries.”

Mr Winder said that although the G-20/OECD had estab-
lished 12 TIEAs as the so-called ‘global standard’ that all coun-
tries had to reach, the Bahamas would ultimately have to sign
more treaties with all countries who wanted one.

Yet although the Bahamas had to achieve the same status as
Bermuda, the Cayman Islands and the British Virgin Islands
and make the ‘white’ list, it still had some six to nine months to
achieve this aim.

Tribune Business yesterday revealed that the Bahamas is the
last major international financial centre in the Western Hemi-
sphere on the G-20/OECD ‘grey list’ of nations.

Ryan Pinder, the Bahamas-based attorney and representative
for US law firm, Becker Poliakoff, said the effectiveness of the
Government’s recent statement announcing that it would meet
the OECD’s target of having 12 Tax Information Exchange
Agreements (TIEAs) in place by 2009 year-end, and identify-
ing the nations it was negotiating with, was “being diminished”
by the apparent failure to make concrete progress.

While the Bahamas to-date still has a solitary TIEA with the
US that it signed back in 2002, all three of the Cayman Islands,
the British Virgin Islands and Berniuda are now sitting on the
G-20/OECD so-called ‘white list’, having met:the standards on
tax transparency and information exchange.

The Bahamas, though, is still on the ‘grey’ list of countries
that had committed to meeting these standards but have yet to
do so. It also has fewer TIEAs than the likes of Antigua & Bar-
buda and the Netherlands Antilles, which both have seven,
Liechtenstein and Monaco, which have three and four respec-
tively, and market leaders like Singapore and Switzerland,
which have five and three TIEAs in place.

“If the Bahamas is not moving in step with its competitors,
and if it is not ahead of its competitors, the perception might be
that it is not as capable as other countries,” Mr Pinder told Tri-
bune Business.

“The Government has pledged to sign the required 12 TIEAs
by the end of the year, but the longer it takes to sign them, the
more the perception that our competitors are more ahead of the
game than we are. We’ve not signed any, while our competitors
have signed a number of them.”

re Notice
| NOTICE
GALVENSTON VALLEY LIMITED

—

Noticeis hereby giventhatinaccordance with Section 138 (8)
of the International Business Companies Act 2000, the dis-
solution of GALVENSTON VALLEY LIMITED has |
been completed; a Certificate of Dissolution has been issued

and the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
* Liquidator)

Legal Notice

NOTICE
; LURCH COMPANY LIMITED

Notice is hereby given that in accordance with Section 138 }
(8) of the International Business Companies Act 2000, the
dissolution of LURCH COMPANY LIMITED has
been completed; a Certificate of Dissolution has bent issued

and the Company has therefore been struck off the Register.

~ ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE
_ STAEL INVESTMENTS LTD.

Notice is hereby given that in accordance’ with Section
138 (8) of the International Business Companies Act 2000,
the dissolution of STAEL INVESTMENTS LTD. has
been completed; a Certificate of Dissolution has been iS-

sued and the Company has therefore been struck off the

Register.

ARGOSA CORP. INC.
(Liquidator)



By CHESTER ROBARDS
Business Reporter —
crobards@tribunemedia.net



THE GOVERNMENT is concerned
about environmental issues the at the
Grand Bahama-based South Riding
Point oil storage terminal, sources close

.the Ingraham administration said yes-

terday, with its owners having inked
an agreement in principle to sell the
property in a $263 million subleasing
deal after it was unable to get a lease
extension.

Sources said the Bahamas Agricul-
tural and Industrial Corporation
(BAIC), which leases the terminal’s
land.and seabed to World Point Ter-
minals, South Riding Point’s current
owner, was concerned about potential
oil spills due to the conditions of some
tanks.

“There are certain things that BAIC
is not pleased with from an environ-
mental stand point - they could have
kept the property in better shape,” said
the source.

Both the minister of the environ-
ment, Earl Deveaux, and the minister
of state for environment, Phenton Ney-
mour, said they knew nothing of the
claims of possible environmental con-
cerns at South Riding Point. However,
Mr Neymour told Tribune Business he
would look into it.

Sources also suggested that BAIC
was unwilling to extend World Point’s
lease at South Riding Point, which

expires in 2019, due to the environ-

mental concerns. As a result, the com-



uo

EARL DEVEAU

lion. deal to sell the property to Nor-
wegian company StatoilHydro, as the

latter had the financing necessary to’

upgrade facilities and negotiate a sub-
lease with the government.

Extension

According to a release issued by Sta-
toilHydro, the purchase was contin-
gent upon: “A long term extension of
the ground lease with the Bahamian
government on terms solely accept-
able to StatoilHydro; a satisfactory due
diligence; and aprovals and necessary
clearances from relevant government
authorities in the Bahamas.”



‘affect $263m terminal deal

The company expects to receive all
the government approvals for the pur-
chase by the 2009, third quarter, and
aims to close the deal by year-end.

The purchase will also include World
Point's 50 per cent interest in the Free-
point tug and towing Service tug boat
business. According to the release, Sta-
toilHydro has leased storage space at
South Riding Point since 1993.

StatoilHydro recently entered into

' a separate agreement with Bahamas-

registered BPC Limited to explore
areas of the southwest Bahamas for
underwater oil fields.

That deal has been awaiting govern-
ment approval as well, and the conclu-

sion of a maritime boundary issue with

Cuba which was submitted to the Unit-
ed Nations recently.

“We're in discussion with the Cuban
government and it's being overseen by
the Ministry of Foreign Affairs, which
has affected the ability of the compa-
nies to do research in assigned areas,”
Mr Neymour told this paper recently.

It is thought that the Bahamas could
hold up to 500 million barrels of oil
that could begin to be drilled and
refined in about 10 years.

StatoilHydro's move to secure an oil
containment facility could mark its con-
fidence in drilling viable oil wells in

the Bahamas.

However BPC’s director and chief
operating officer, Dr Paul Crevello,

. told this paper that due to the $30 to

$70 million price tag on oil platforms,
no drilling will commence until Sta-
toilHydro is reasonably sure the area
holds oil.

pany had decided to ink a $263 mil-

Legal Notice

NOTICE
CORPORACION TONAR S.A.

Notice is hereby given that in accordance with Section 138
(8) of the International Business Companies Act 2000, the
dissolution of CORPORACION TONAR S.A. has
been completed; a Certificate of Dissolution has been issued

and the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE
CRYSTAL ASSET

MANAGEMENT LTD.

Notice is hereby given that in accordance. with Sec- |

tion 138 (8) of the International Business Companies
/ Act: 2000, the dissolution of CRYSTAL. ASSET
MANAGEMENT LTD. has been completed; a
Certificate of Dissolution has been issued and the

‘Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice
NOTICE }
SUNWATER LIMITED

Oe

Notice is hereby given that in accordance with Section 138
(8) of the International Business Companies Act 2000, the
dissolution of SUNWATER LIMITED has been com-
pleted; a Certificate of Dissolution has been issued and the

Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM

| INVESTMENTS

Legal Notice
NOTICE
EPICA SPRINGS LTD.

Notice.is hereby given that in accordance with Section 138 ]_

| (8) of the International Business Companies Act 2000, the

dissolution of EPICA SPRINGS LTD. has been com-
pleted; a Certificate of Dissolution has been issued and the
Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE
JARODIONO INVESTMENTS LTD.

Notice is hereby given that in accordance with Sec-
tion 138 (8) of ‘the International Business Compa-
nies Act 2000, the dissolution of JARODIONO
LTD. has been completed; a
Certificate of Dissolution has been issued and the

Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE
TWO HILLS LTD.

Notice is hereby given that in accordance with Section
138 (8) of the International Business Companies Act 2000,
the dissolution of TWO HILLS LTD. has been com-
pleted; a Certificate of Dissolution has been issued and

the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)




THE TRIBUNE

FRIDAY, AUGUST 28, 2009, PAGE 3B



eee ee ee eee
Colina enjoys 25.7% first half profit rise

By NEIL HARTNELL
Tribune Business Editor

Despite a slight decline in
second quarter net income,
Colina Holdings, the BISX-list-
ed parent of ColinaInsurance
Company, yesterday unveiled
a 25.7 per cent increase in 2009
first half-net profits to $3.3 mil-
lion, driven largely by a 5.7 per
cent rise in premium revenue.

Net policyholder benefits
increased by $5.2 million to
$50.3 million, but this was offset
by an almost $3 million reduc-

Comes despite slight decrease in second quarter net income



from $14.8 million in 2008 to
$11.9 million last year.

In a statement, Colina Hold-
ings added that improved med-
ical loss ratios had aided prof-
itability in its health division.

“The outlook for the remain-
der of 2009 will be strongly
influenced by the progress of
the global and local economy,”
Colina Holdings’ vice-chair-
man, Emanuel Alexiou, said.

“With the modest perfor-

mance of the local equity mar-
kets and residual effects from
the US economy, net invest-
ment income yielded lower
returns, decreasing to $10.9 mil-
lion for the six month period
compared to $12.9 million in
the prior year.

“Net investment income con-
tinues to be affected by
depressed market conditions.
However, those results were
softened by a rather significant

reduction in administrative
expenses, reflecting improve-
ments in operational efficien-
cies. Our balance sheet contin-
ues to reflect high quality
investments, and invested assets
remain a significant proportion
of the asset base, comprising 85
per cent of total assets.”

Net income attributable to
the company’s ordinary share-
holders grew to $2.3 million or
$0.09 per ordinary share, com-

tion in administrative expenses

Firm launches membership initiative with global reach

By CHESTER ROBARDS
‘Business Reporter
crobards@tribunemedia.net

THE ONE-year fashion success, Pri-
madona, yesterday launched a member-
ship programme with benefits beyond the
border of the Bahamas, according to the
company's principal.

Tyrina Neely said the new $50 annual
fee membership programme will offer dis-
count shopping in Chicago and New York
in participating stores, and even gynt mem-
bership during short or long stints in those
US cities.

According to Ms Neely, her virtual shop-
ping network has been extremely success-
ful since its inception this time last year,
turning a profit in just one year, after an ini-

tial outlay of "tens of thousands of dol-
lars”.

Ms Neely was the recipient of a grant
from the Government’s self-starter pro-
gramme, and has decided to accord the
minister in charge of that initiative,
Desmond Bannister, with the Humanitari-
an Small Business Youth Award during
the company's first anniversary event on
Paradise Island this weekend.

"The self-starter programme was really
pivotal in getting those extra things that
we needed," she said. She said-the event,
which is by invitation-only, will be the
biggest event she has hosted thus far.

Ms Need, who holds monthly parties for
women looking for high-fashion not found
in the Bahamas, said men have expressed
interest in having a night of their own of

shopping. "Guys have been asking," she

said.

Primadona is also set to. launch its online
store in October, opening the door to new
markets.

"2010 is going to be amazing,” said Ms .

Neely. "There has been a great response.”
Local businesses have taken an interest
in Primadona's business model, and have
come on board to sponsor Saturday's
anniversary party. and award ceremony.
Ms Neely said many sponsors took inter-
est in her business and have committed
themselves to the company through 2009.
Companies such as BTC, Starbucks,
Burns House, Fiji and Tristar Insurance
have come together to sponsor this young

entrepreneur. Saturday’s event will feature «

the music of rising local star Julian.

Water Corporation's ‘hundreds of millions’ in investment requirement

FROM page 1B

ister said yesterday, with cur-
rent revenues sufficient to cov-
er just 60 per cent of its operat-
ing costs. .

Phenton Neymour, minister
of state for the environment,
told Tribune Business that the
development of a new 10-year
business plan for the Water &

Sewerage Corporation aé part-

of an: Inter-American Devel-
opment Bank (IDB) funded
project was “critical” to its
future viability and sustainabil-
ity, as it would seek to address
the key issues facing the water
supplier.

“One thing is obvious. To
turn the Water & Sewerage
Corporation around, it will
require an aggressive pro-
gramme by the Government,”
Mr Neymour said, “and to-do
so will require significant invest-

ment of funds.

“The question is whether the
Government-has the capacity. :

to do so under the current eco-
nomic environment. That is
something we must-address and
. be willing to.discuss openly.”

The Water & Sewerage Cor-
poration’s main financial chal-
lenges, Mr Neymourt said, were
“meeting payroll, meeting pay-
ments to vendors, the water
producers, to cover their costs.
Water & Sewerage covers only
60 per cent of its operational
costs. These are the major chal-
lenges being faced.”

The minister added that
numerous studies had been
conducted on the level of
investment the Water & Sew-
erage Corporation needs, both
to cover its current operations
and meet future infrastructure
needs, the most recent one by
Chester Engineering.

“It is in the hundreds of mil-,

lions’of dollars that will be
required,” Mr Neymour said.

He added, though, that with
the focus always being on the
water side, the sewerage ele-
ment of the Water & Sewerage
Corporation’s business was
often overlooked.

Mr Neymour said the con-
crete pipes dating back to the
1920s, which lie under Bay

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Street and downtown Nassau,
all needed to be replaced. “It
will require significant invest-
ment to dig up the old Nassau

‘ area going from the ridge

north,” he explained, “and

‘ranging from Dick’s Point in

the east past Arawak Cay in
the west. It’s a huge area that

requires significant upgrades.”

Disclosing that a Spanish
consulting firm, Castilla, had
been hired some time ago and
submitted a business plan pro-
posal to the Government fol-
lowing a review of the Water
& Sewerage Corporation’s
operations, Mr Neymour said
one concern being assessed was
whether the Corporation
should continue barging water
from Andros to meet New
Providence’s water demands.

“One of the issues being
addressed is whether we should
continue with the shipping
operation, which is a major

. expense. of the Water & Sew-

erage Corporation,” the minis-
ter revealed.

“The issue is not just the
expense; it’s also the quality
being supplied out of Andros.
The salinity of the groundwater
reservoirs in Andros increased
as a result of the storm surge
in 2004, which affected the
quality of a product that must
be blended with reverse osmo-
sis water. The viability must
also be weighed with regard to
the quality of the product and
meeting World Health Organi-
sation standards.”

Until recently, the Water &
Sewerage Corporation obtained
the majority of the nine mil-
lion-plus imperial gallons of
water supplied to New Provi-
dence per day from Andros,
although this has now been
superseded by the six million

gallons per day supplied by |

New Providence’s Blue Hills
reverse osmosis plant. The
Andros barging operation has
come under criticism, though,
especially when rough seas pre-
vent the barge from sailing, as
this has in the past caused water
shortages on New Providence.

With non-revenue water, the .

amount of water lost via leaks
from the Water & Sewerage
Corporation’s distribution sys-

Human Resources Partner
PricewaterhouseCoopers

P.O. Box N-3910

’ Nassau, The Bahamas



tem, standing at five million gal-
lons per day or 50-per cent of
water produced, Mr Neymour
said the role the Government-
owned entity should play in
reducing this would also be
dealt with in the new business
plan.

“We have to look at staffing
at the Water & Sewerage Cor-
poration,” Mr Neymour added.
“Staffing expenses are signifi-
cant and to almost as much as
water production costs.”

However, a major burden on
the Water & Sewerage Corpo-
ration’s financial position is the
disparity between the relative-
ly high price it pays for reverse
osmosis water in the Family
Islands, and the relatively low
price this is sold to consumers
for, something that resulted in
constant losses.

Looking at this situation, Mr
Neymour said “the Bahamian
people can see why the Water
& Sewerage Corporation is in
the position it currently is.

‘He added: “Twenty-plus
years ago, our groundwater
resources were significantly
larger in the Family Islands
than they are today. Due to
development, a number of well-
fields have been overpumped
or encroached upon.

“As a result, we have had to
find new technology to supply
consumers. That supply comes
at a cost, and that is why there
is a disparity between the sell-
ing price and the purchase
prices of reverse osmosis water.
Those are issues that have to
be addressed.”

The solution, Mr Neymour
said, needed to be implemented
on an island-by-island basis, as
Abaco, for example, still had
substantial groundwater
resources that did not require

the island to have a reverse —

osmosis plant.
As a result, water production
costs there much lower than on

Eleuthera, which had suffered ©

from the overpumping of well-
field, especially in the Bogue
area. “The circumstances the
Corporation is being faced with
are changing day by day as a
result of development through-
out the Bahamas,” Mr Ney-
mour said.







ario A. Carey, CRS, CIPS, CLHMS
: resident & CEO

Tel:242-677-825 | Cell: 357-7013.

_www.mariocareyred

pared to net income of $1.7 mil-
lion or $0.07 per ordinary share
for the same period in the prior
year. “The first half of 2009
yielded very satisfactory results
for Colinalmperial,” said Mr
Alexiou. “This year has pre-
sented both economic chal-
lenges and opportunities on a



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global scale, but we were able
to deliver a strong performance.
“We have confidence that we
can meet our business objec-
tives, fiscal responsibilities and
community obligations during
these challenging times. Addi-
tionally, to bring further focus
to the company’s strategies in
the life division, the Board has
appointed Lynden Nairn as
vice-president, life division.”



















THE UNIVERSITY OF THE WEST INDIES

OPEN CAMPUS

HEAD, UNIVERSITY OF THE WEST INDIES, OPEN CAMPUS, TRINIDAD AND TOBAGO

Applications are invited for suitably qualified persons for the post of Head, University of the West
Indies, Open Campus, and Trinidad and Tobago.

Responsibilities:

The Head reports to the Director of Open Campus Couey Sites who is based at Mona, Jamaica. The
appointee will be expected to administer the University’s operations at multiple sites in Trinidad and
Tobago. The Head of the Open Campus Trinidad and Tobago will be expected to oversee the
management of student matters in all sites; develop, promote and implement continuing education
programmes in accordance with the Open Campus policy and community needs; promote the creative
arts and cultural outreach in the communities in which Sites are located; and engage in research -
activities within his/her competence. The appointee will exercise a leadership role in the community
with regard to the development of adult education, technical and vocational training and continuing
education and related activities, such as the identification of adult education needs and assisting in the
training and education of educators and community leaders.

Qualifications/Requirements:

The appoititee should have:

j

at least a Master’s degree or equivalent in an appropriate discipline
a track record of research and publication
a background in developing and implementing continuing education programmes
extensive managerial experience ina tertiary education environment

outstanding team building skills

knowledge of the online and distance learning environment

excellent oral and written communication skills

Experience in working ina distributed environment will be a distinct advantage.

Detailed applications giving i) full particulars of qualifications and experience, date of birth, marital
status and nationality; and ii) the names, titles, mailing and e-mail addresses, fax and telephone numbers
of three (3) referees should be sent as soon as possible to the: University Registrar, The Office of
Administration, The Vice Chancellery, University of the West Indies, Mona, Kingston 7,
JAMAICA, via E-mail: (oadmin@uwimona.edu.jm) or Fax: (876) 977-1422.

Further particulars of the post may be obtained by visiting the web page (http://www.uwi.edu).

Closing date for receipt of applications - September 30, 2009.

We thank all applicants for their interest in working with us in the Open Campus, however
only shortlisted applicants will be contacted.

POM Rott PERO ERS ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM




PAGE 4B, FRIDAY, AUGUST 28, 2009

THE TRIBUNE



3-4m Pageant boost for Bahamian firms

FROM page 1B

“That’s exclusive of the
franchise fee. From all indi-
cations and the reports these
firms have given, not from our
own research, they certainly
thought the Pageant was valu-
able to them in terms of their
own sustainability during a
down period.”

Mr Bethel, president and
chief executive of the Mon-
taque Group, the Nassau-

based financial services *

provider, told Tribune Busi-
ness that the figure of 30-40
Bahamian airlines, ground
transportation firms, techni-

cal support providers and des-
tination management compa-
nies who participated did not
include Bahamians hired in
an individual capacity, imply-
ing that the overall benefits
may have been greater and
felt more widely.

“That figure’s short of the
individuals who were con-
tracted, like seamstresses, so it
does not account for individ-
uals who might have been
independently contracted,”
Mr Bethel told Tribune Busi-
ness. ,

He added that three differ-
ent Bahamian contractors
were required for each Miss

Legal Notice

NOTICE
ARISEN FINANCIALS
HOLDINGS LTD.

Notice is hereby given that’ in accordance with Sec-

tion 138 (8) of the International Business Com-

panies Act

2000, . the. dissolution of ARISEN

FINANCIALS HOLDINGS LTD. has been com-

pleted; a Certificate of Dissolution has been issued and

the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

Universe Pageant event, to
fulfill functions such as sound,
lighting and the decor. With
five major events having been
held, Mr Bethel said this
meant 15 different Bahamian
companies had been given
work, and the final night’s
presentation and pageant
brought the total to at least
18.

“We deliberately intended
that,” said Mr Bethel of the
Pageant organisers’ intention
to spread the wealth around
Bahamian-owned and based
businesses.

“We tried to get as many
groups, persons and entities

involved in the event as pos-
sible, and to benefit from it. I
would say that was very effec-
tive.”
Mr Bethel described the
economic impact from stag-
ing the Miss Universe Pageant
as “very significant” at a time
when the Bahamian econo-
my, already mired in reces-
sion and rising unemploy-
ment, was staring at the start
of the tourism slow season.
“During a period when
there was a downturn in
arrivals from a tourism per-

spective, and in terms of the.

wider economy, that was part
of the economic stimulus

Legal Notice
NOTICE
WAKEUP LOOK INC.

v

Notice is hereby given that in accordance with Section 138
(8) of the International Business Companies Act 2000, the
dissolution of WAKEUP LOOK INC. has been com-
pleted; a Certificate of Dissolution has been issued and

the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

. package,” Mr Bethel told Tri-

bune Business. ,
“The timeliness of it in

terms of persons looking at it

and considering a place to go
come the fall and winter peri-
ods [was great], and the
Bahamas registered very
strongly from the public rela-
tions it got from a medium
and long-term perspective.”
Mr Bethel added that by
hosting the Miss Universe

‘Pageant the Bahamas had

shown a global audience it
had the capability to handle
large events that featured
intense media scrutiny, with
the nation also able to exploit
such occasions to generate
excitement among potential
tourists regarding a Bahamian
vacation.

“That’s my,constant argu-
ment!” Mr Bethel joked,
when asked by Tribune Busi-

ness whether the Bahamas >

should seek to attract more
Miss Universe-type events to
its shores. ;

“Obviously, there is a cost
involved with hosting these
events, and we have to look at
it from a cost/benefit analy-
sis perspective. If it’s consid-
ered an event that has bene-
fits for tourism from a medi-
um and long-term perspec-
tive, in terms of visitor
arrivals, it can be considered
an investment in tourism mar-
keting.”

He added: “The demands

on manpower and physical.

infrastructure do have a cost
to it, and I’m not sure how
many of the size of Miss. Uni-
verse we can take in or two
years.

“But it certainly shows we



“It does
indicate the
capability of
the Bahamas
to put on
events of this
scale ...”



Owen Bethel

have the capability, and
everything works on the same
wavelength, we should be
able to accommodate and
facilitate a number of these
events in a short period of
time.

“It does indicate the capa-
bility of the Bahamas to put
on events of this scale, and
we’ve proven ourselves to the
world that it can be done
here. Hopefully, that places
us on the map.”

This seems to have been
achieved, with the Ministry of
Tourism seeing a 50 per cent
spike in hits to its website,
Bahamas.com, during and
after the Miss Universe

_ Pageant.

Bahamas.com received

‘almost 50 per cent more traf-

fic than normal last Sunday
as the beauty competition was
aired around the world, while
on Monday morning, just
before 9.30am, it had already
received more than 4,000 hits.
Bahamas.com received almost
15,000 hits on Sunday night.

Legal Notice

NOTICE |
PAGO HALO CORPORATION

WE

Notice is hereby given that in accordance with Section 138
(8) of the International Business Companies Act 2000, the
-dissolution: of PAGO HALO. CORPORATION has
“been completed; a Certificate of Dissolution has been issued

‘and the Company has therefore been struck off the Re sister.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice
NOTICE _
ADDED WEALTH INC.

Notice is hereby ‘given that in accordance with Section
138 (8) of the International Business Companies Act 2000,
the dissolution of ADDED WEALTH INC. has been

completed; a Certificate of Dissolution has been issued and .

the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE
DIANNE RIVER INC.

Notice is hereby given that in accordance with Section 138
(8) of the International Business Companies Act 2000, the
dissolution of DIANNE RIVER INC. has been com-
-pleted; a Certificate of Dissolution has been issued and

the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)



#



Legal Notice

NOTICE

WALLBURG INC.
(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is. in dissolution, which commenced
on the 21st day of August 2009. The Liquidator
is Argosa Corp. Inc., P. O. Box N-7757 Nassau,
Bahamas. 82114 od sik

ARGOSA CORP. INC.
(Liquidator)



Legal Notice

NOTICE |
JCR HOLDINGS LIMITED

Notice is hereby given that in accordance with Section 138
(8) of the International Business Companies Act 2000, the
dissolution of JCR HOLDINGS LIMITED has been
completed; a Certificate of Dissolution has been issued and

the Company has therefore’ been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

_. NOTICE
JACSONNY HILLS INC.

| Notice is hereby given that in accordance with Section

138 (8) of the International Business Companies Act 2000,

_ the dissolution of JACSONNY HILLS INC. has been

completed; a Certificate of Dissolution has been issued and

the Company ‘has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM

Legal Notice
NOTICE. .
MADERA LINBO S.A.

Notice is hereby given that in accordance with Section 138
(8) of the International Business Companies Act 2000, the ©
dissolution of MADERA LINBO S.A. has been com-
pleted; a Certificate of Discolauen has been issued. and

the Company has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE
SPRING BLOOMS CORPORATION

Notice is hereby given that in accordance with Sec-
tion 138 (8) of the International Business Companies
Act 2000, the dissolution. of SPRING BLOOMS
CORPORATION has been completed;- a Cer-
tificate of Dissolution has been issued and the Com-

pany has therefore been struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE
BORISON INC.

Notice is hereby given that in accordance with Section
138 (8) of the International Business Companies Act
2000, the dissolution of BORISON INC. has been com-

pleted; a Certificate, of Dissolution has been issued and

the Company has therefore been struck off the Register.

ARGOSA CORP. INC.

(Liquidator)




THE TRIBUNE

FRIDAY, AUGUST 28, 2009, PAGE 5B



eC Oe ae
Insurer’s net income drops 66.7% in 2009

FROM page 1B

locked in a Supreme Court battle
with one of its agents, Trinity
Insurance, over the alleged non-
payment of some $700,000 in insur-
ance premiums it claims it should
have received.

Security & General is under-
stood to have obtained a Mareva
injunction from the Supreme
Court to freeze the assets of Trin-
ity and its principals, and is now
pressing the court to order that the
agent hand over all
documents/papers it allegedly
needs to determine the sum out-
standing. Trinity and its principals
are said to have denied the alle-
gations, and are fighting the case

vigorously.

The financial results, which were
buried in the Saturday edition of a
daily newspaper, revealed that
Security & General’s net income
dropped from $862,684 in fiscal
2008 despite gross written premi-

ums increasing by 4.5 per cent to

$24.282 million.
Although the level of premiums
ceded to reinsurers (effectively

meaning the amount of reinsur-

ance coverage acquired by the
company) rose by 15.6 per cent to
$14.022 million, Security & Gen-
eral still posted an.almost-7 per

cent increase in net written pre-.

mium to $10.515 million:
However, this was more than
offset by the 43.4 per cent increase

lion, compared to $3.904 million
the year before. Much of the
claims increase is likely to be relat-
ed to Security & General’s insur-
ance book of business in the Turks
& Caicos, and the damage wrought
last year by Hurricane Ike..

As a result of the claims
increase, Security & General saw
its underwriting net income fall by
30.5 per cent from $5.212 million in
the year to January 31, 2008, to
$3.62 million in its recently-ended
financial year.

Despite a more than $1 million
reduction in staffing costs and gen-

eral and administrative expenses,

the poorer underwriting perfor-
mance produced a smaller bottom
line for Security & General.

ments made no mention of
whether Colonial Group Interna-
tional had reduced its stake in
Security & General from 70 per
cent to 51 per cent, a condition
required by the Bahamian gov-
ernment in return for having
approved the latter’s 2003 share
capital increase.

Security & General had
increased its authorised share cap-
ital from $7 million to $12 million
on November 3 that year, via the
creation of five million new ordi-
nary shares, some 2,237,143 of
which were acquired by Colonial
Group International. :

That took the Bermuda compa-
ny’s stake from 51 per cent to 70
per cent, a transaction that was
approved by the Bahamian gov-

ernment “on the condition that
Colonial Group International
would give the Bahamian share-
holders the option to buy back”:
the amount of shares necessary to
reduce its stake to 51 per cent.

It is unclear whether this condi-
tion, ‘which Bahamian insurance
industry sources said had a dead-
line/time limit attached to it, has
been met: Security & General’s
financial statements also disclosed
that Colonial Group International
had both renewed and increased
the irrevocable letter of credit
issued in favour of its Bahamian
subsidiary, which expired annually
on November 3. The sum involved

_ was increased from $1.25 million to
$2.25 million, and renewed until
that date later this year.

~ Legal Notice

NOTICE

MAULES DESSUS INC.
(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 21st day of August 2009. The Liquidator

‘is ‘Argosa Corp. ‘Inc.; P.O. Box N-7757 Nassau,

Baharrias:

_ ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

CHARLOW GARDENS INC.
_ (In Voluntary Liquidation) -

| Notice is hereby given that the above-named ..

Company is in dissolution, which commenced
on the 21st day of August 2009. The Liquidator
is Argosa Corp. Inc.; P.O. Box N-7757 Nassau,
Bahamas.

ARGOSA CORP. INC.
(Liquidator) -

Legal Notice

NOTICE

TINY TIDBIT INVESTMENT LTD.
(In Voluntary Liquidation)

Notice is hereby given that the above-named

Company is in dissolution, which commenced :

on the 21st day of August 2009. The Liquidator
is Argosa Corp. Inc., P. O. Box N-7757 Nassau,
Bahamas.

ARGOSA CORP. INC.
(Liquidator)

in incurred claims to $5.597 mil-

Meanwhile, the financial state-

Legal Notice
NOTICE

TANO VILLAGE INC.
- (In Voluntary Liquidation)

Notice is hereby given that the above-named Company is
in dissolution, which commenced on the 21st day of August
2009. The Liquidator is Argosa Corp. Ine, P. O. Box N-
7757 Nassau, Bahamas.

This notice replaces the publication of 7th August 2009.

in the Gazette wherein APRIL HARVEST INC, was
incorrectly referred to as being dissolved.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

7 NOTICE
- VISIONARY INVESTMENTS

OFFSHORE LIMITED
(In Voluntary Liquidation) ©

Notice is hereby given that the above-named
Company is in dissolution, which commenced

on the 21st day of August 2009, The Liquidator
is Argosa Corp. Inc., P. O. Box N-7757 Nassau,.

Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

CEDERCREST PEAK INC.
(In Voluntary Liquidation) -

Notice is hereby given that the above- named

Company is. in dissolution, which commenced

on the 21st day of August 2009. The’ Liquidator

is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,

Bahamas.

~ ARGOSA CORP. INC.
(Liquidator)

Legal ikea
NOTICE —

-VEUVE CREEK LTD.
(In Voluntary Liquidation)

Notice is hereby given that the above-named

‘Company is in dissolution, which commenced

on the 21st day of August 2009. The Liquidator
is Argosa Corp. Inc., P, O. Box N-7757 Nassau,

‘Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

OCTOSTONE INC.
(In Voluntary Liquidation) |

Notice is hereby given that the above-named

‘Company is in dissolution, which commenced

on the 21st day of August 2009. The Liquidator:
is Argosa Corp. Inc., P.O. Box N-7757 Nassau,
Bahamas.

. ARGOSA CORP. INC.
. (Liquidator)

Legal Notice
NOTICE
CANDY MOUNTAIN VALLEY LTD.
(In Voluntary Liquidation) °°

Notice is hereby given that the above-named
Company is in dissolution, which commenced

on the 21st day of August 2009. The Liquidator

is Argosa Coip. Iiic., P. O. Box N-7757 Nassau,
Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

CANNFIELD RIVERA LTD.
(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 21st day of August 2009. The Liquidator

-is Argosa Corp. Inc., P. O. Box N-7757 Nassau,

Bah ..mas.

ARGOSA CORP. INC.
» (Liquidator)

cen Notice
NOTICE

PANTHERSVILLE LIMITED
(In Voluntary Liquidation)

Notice is hereby given that the above-named

Company is in dissolution, which commenced

on the 21st day of August 200% The Liquidator

-is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,

Bahamas.

‘ARGOSA CORP. INC.
(Liquidator)



TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM
PAGE 6B, FRIDAY, AUGUST 28, 2009

THE TRIBUNE



Investors trading 3 stocks that may be doomed

DANIEL WAGNER,
AP Business Writer
WASHINGTON

Investors are still trading
common shares of Fannie
Mae, Freddie Mac and Amer-
ican International Group Inc.
by the billions, even though
analysts say their prices are
almost certain to go to zero.

All three are majority-

‘owned by the government
and are losing huge sums of
money. The Securities and
Mxchange Commission and
ther regulators lack authori-
ty to end trading of stocks in
such "zombie" companies
that technically are alive —
until the government takes
them off life support.

Shares of the two mortgage
giants and the insurer have
been swept up in a summer
rally in financial stocks.
limvestors have been trading

their shares at abnormally ~

high volumes, despite ana-
lysts' warnings that they're

British Colonial Hilton Hote
Marlborough St., Shop #1

Clearance SALE
Everything Must Go

Everything for $20
Free parking at the Hilton

destined to lose their money.

"People have done well by
trading them (in the short
term), but when it gets to the
end of the road, these stocks
are going to be worth zero,"
said Bose George, an analyst
with the investment bank
Keefe, Bruyette & Woods
Inc.

Some of the activity
involves day traders aiming
to profit from short-term price
swings, George said. But he
said inexperienced investors
might have the misimpression
that the companies may
recover or be rescued.

"That would be kind of
unfortunate," he said. "There
could be a lot of improvement
in the economy, and these
companies would still be
worth zero."

The government continues
to support the compariies with
billions in taxpayer money,
saying they still play a crucial
role in the financial system.

. Fannie and Freddie buy

We offer Stringing Services, Repairs, Knotting,

loans from banks and sell
them to investors — a role
critical to the mortgage mar-
ket. They have tapped about
$96 billion out of a potential
$400 billion in aid from the
Treasury Department.

Disastrous

Officials have said AIG's
failure would be disastrous
for the financial markets.
Treasury and the Federal

_Reserve have spent about

$175 billion on AIG and
AIG-related securities. The
company also has access to
$28 billion from the $700 bil-
lion financial industry bailout.
But analysts say the wind-
down strategies for the com-
panies are almost sure to wipe
out any common equity, mak-
ing their shares worthless.
- "There are some folks that
believe that somehow that 20
percent (of the stock) that's
out there in the public market
might be worth something
someday," said Daniel Alpert,
managing director of the
investment bank Westwood
Capital LLC. But he said the
three companies are doomed
because they are "massively
indebted," and the values of
their assets are declining.
The stocks remain in circu-

lation mainly for two reasons: |

They've violated no rules on
the New York Stock
Exchange, where they are
traded. And no regulator has
the power to suspend their
trading without evidence
securities laws are being vio-
lated.

Alpert said no regulations
exist to deal with cases where
the government props up
unsustainable companies.

By contrast, regulators
were able to warn investors
about stock in the "old" Gen-
eral Motors, which also sits
on a mound of government
debt. The SEC and the Finan-
cial Industry Regulatory
Authority, the brokerage
industry's self-policing group,
have issued alerts and taken
other steps to prevent
investor losses on that stock.

In that case, the SEC could
act because GM acknowl-
edged the stock was headed
for zero in a restructuring
plan filed with the SEC.

The SEC says it has no rea-
son to suspend: trading of
stocks that still technically
meet its standards, which
include filing timely financial
reports and disclosing events
that could affect share values.

The NYSE's rules include
maintaining minimum num-
bers of shareholders and mar-
ket capitalization. But they
give the exchange full discre-
tion over which stocks are list-
ed — regardless of whether a
company meets those listing
standards.

FINRA has jurisdiction
over NASDAO-traded stocks
and over "pink sheet" stocks,
which are worth too little to
be traded on a major
exchange. It has no jurisdic-
tion over stocks on the
NYSE.

Shares of Fannie, Freddie
and AIG — along with their
trading volumes — have

jumped this summer, when
activity normally fades as
traders take vacations. Fan-
nie shares have more than
tripled since the end of July.
Their volume soared to 360
million shares Thursday from
6.45 million shares on the last
day of July.

Freddie and AIG shares
have surged threefold since
then. Freddie's. volume
jumped to 191 million shares
from 4.5 million. And 148-mil-
lion AIG shares changed
hands on Thursday, compared
with 5 million on July 31.

By comparison, the trading
volume of General Electric
Co.'s common shares fell to
around 63.7 million shares
Thursday, compared with 109
million shares July 31. The
stock price rose 5.3 percent
in that stretch.

AIG shares rose $10.15, or
26.9 percent, to $47.84 Thurs-
day. Analysts speculated the
company might be reconcil-
ing with former CEO Mau-
rice "Hank" Greenberg, who
could help bring private capi-
tal and other business benefits
to the company.

' A reverse stock split in ear-
ty July raised the price by a
factor of 20. In a reverse split,
a stock price is increased, and
the number of shares ‘are
reduced by a similar propor-
tion. It has no effect on share-
holders' equity.

Fannie shares closed up 3.8
percent at $1.92 Thursday;

Freddie shares rose. 10 per-:

cent to $2. Dass!
Fannie and Freddie's gov-
ernment owners haven't

announced their plans for the
companies. That means
there's a possibility — how-
ever remote — that their
shares could retain some val-
ue. But the administration is
expected to announce in Feb-
ruary that the companies will
be wound down, merged into
a federal agency or have their
bad mortgage assets split into
a new government-backed
company. All those possibili-
ties are almost certain to elim-
inate any remaining share-
holder equity, analysts said.

Lawrence J. White, a pro-
fessor at New York Universi-
ty's Stern School of Business,
said the higher trading vol-
umes might reflect specula-
tion about the government's
February announcement.

With the share prices still
so low, White said investors
are willing to bet on the out-
come of the government's
announcement. He said trad-
ing volume is likely to grow
further, with even sharper
price swings, as February
approaches.

Still, Freddie Mac Chair- .
man John Koskinen said the
price fluctuations were hard
tounderstand.

"I have absolutely no idea
what that represents," he said.

Representatives for Fannie,
the SEC, AIG, FINRA and
the NYSE declined to com-
ment. Spokeswomen for
Treasury, which owns most of
AJG, and the Federal Hous-
ing Finance Agency, which
holds Fannie and Freddie in
conservatorship, also wouldn't
comment. —

Wiring, Driling and The Snack Fix System and
The Mystery Clasps

Pearls and Bread Strands Wholesale and Retail
P.O.Box EE-15827
Nassau, Bahamas
Tel: 242-323-1865
Email: gems-pearls@hotmall. com

vowel making clases starts
September sign up now

Colina.

| Holdings Bahamas

NOTICE

The Management and Board of Directors:of Colina
Holdings Bahamas Limited (CHBL) wish to
‘announce that the Consolidated Interim
(Unaudited) Financial Statements for CHBL for the
six months ended June 30, 2009 have been
authorized for release on August 28, 2009.

A complete copy of these financial statements is
available on the Company's website
www.colinaimperial.com or by contacting the
corporate: headquarters of Colinalmperial by
phone at - (242) 396-2102 or by email at.
Financials@Colinalmperial. com





Money at Work

Abaco Markets :
Bahamas Property Fund
Bank of Bahamas
Benchmark
Bahamas Waste

* Fidelity Bank
Cable Bahamas
Colina Holdings
Commonwealth Bank (S1)°
Consolidated Water BDRs
Doctor's Hospital
Famguard
Finco
FirstCaribbean Bank
Focol (S)
Focol Class B Preference
Freeport Concrete
ICD Utilities
J. S. Johnson
Premier Real Estate

1000.00
1000.00~

Fidelity Bank Note 17 (Series A) +
Fidelity Bank Note 22 (Series B) +
Fidelity Bank Note 13 (Series C) +

S2wk-Hi S2wk-Low
414.60
os

Symbol
7.92 Bahamas Supermarkets ,
6.00 Caribbean Crossings (Pref)



29.00 ABDAB
O RND Holdings



CFAL Bond Fund

CFAL MSI Preferred Fund

CFAL Money Market Fund
Fidelity Bahamas G & 1 Fund
Fidelity Prime Income Fund
CFAL Global Bond Fund

CFAL Global Equity Fund

CFAL High Grade Bond Fund
Fidelity International Investment Fund
FG Financial Preferred Income Fund
FG Financial Growth Fund

FG Financial Diversified Fund

. |) BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00
S2wk-Hi - Highest closing price In last 52 weeks
S2wk-Low - Lowest élosing price In last 52 weoks
Previous Close - Previous day‘s weighted price for daily volume
Today's Close - Current day’s weighted price for daily volume
Change - Change in closing price from day to day
Dally Vol. - Numbor of total shares trade today
Div §$ - Dividends per share paid in the last 12 months
P/E - Closing price divided by the last 12 month earnings
(S) - 4-for-1 Stock Split - Effective Date 8/8/2007
ato 7/11/2007 : ‘

ROYAL FIDELITY



Weekly Vol.
EPS $ - A company's reported earnings por share for the last 12 mths
NAV - Not Asset Value

N/M - Not Moar
FINDEX - Tho Fidelity Bahamas Stock Indox. Januar



Toyota plans to end production al Calif plant

. WASHINGTON

’ Toyota Motor Corp. said Thursday it plans to end production in
March 2010 at a California joint venture where it has built vehicles
with General Motors, according to Associated Press.

The decision would mean the shutdown of the sole auto assem-
bly plant on the West Coast if no other carmaker emerges to keep
it going. Toyota's board voted early Thursday to end the compa-
ny's production contract at the Fremont, Calif.-based New United
Motor Manufacturing Inc., spokeswoman Cindy Knight confirmed.

Toyota had said previously that it was moving toward liquidat-
ing its stake in the California facility after the plant's fate was
thrown into question in June when GM announced it was with-
drawing from the 50-50 joint venture.

NOTICE

NOTICE is hereby given that SHIRLEY MIREAULT
of KOOL ACRES; P.O. Box CB-11583, 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 21* day of
August, 2009 to the Minister responsible for nationality
and Citizenship, P.O. Box N-7147, Nassau, Bahamas.

NOTICE

.NOTICE is hereby given that REGINALD SALOMON. of
#154 TASMAN CLOSE, EIGHT MILE ROCK, 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
28th day of AUGUST, 2009 to the Minister responsible for
Nationality and Citizenship, P.O.Box N-7147, Freeport, Bahamas.

FG CAPTTAL MARKETS
BROKERAGE & ADVISORY SERVICES

COLONIAL

99999999999000
ooo0o0o000000000
CONNOOOCCCOCOS=

Interest
T% 19 October 2017
Prime + 1.75% 19 October 2022
T% 30 May 2013







Weekly Vol. EPS $
-2.246

0.000

Div $ P/E
0.000 N/M
0.480, N/M

Yield
0.00%)
7.80%)

Last Price
14.00
4.00



0.00%
0.00%

4.540
" 0.002

0.000
0.000

9.03,
261.90



31-Jul-09
31-Jul-09
21-Aug-09
31-Jul-09
31-Jul-09
30-Jun-09
30-Jun-09
31-Dec-07
31-Jul-09
31-Jul-09
31-Jul-09

YIELD - last 12 month dividends divided by closing price
Bid § - Buying price of Colina and Fidolity

Ask $ - Solling price of Colina and fidality

Last Price - Last traded over-tho-countor price

- Trading volume of the prior wook

ringful
y 1, 1994 = 100



Almost $15m in airport

Contracts go to Bahamians

FROM page 1B

be awarded, including both sub-contracts to the terminal gen-
eral contractor and direct contracts with NAD,” said Mr Wat-
son. He added that when the project had begun in earnest
almost 400 jobs would have been created.

“Bahamian firms are being given preference in the devel-
opment of the airport, and being invited to participate in any
tenders for financing, capital works and other airport con-
tracts,” Mr ‘Vatson said.

And ow..-rship and operation of retail businesses and con-
cessions at the airport will be restricted to Bahamians who
demonstrate in tue conduct of business, international best
practice standards.”

Mr Watson said the request for proposal (RPF) for the first
retail space in the new US departure terminal - a sit-down
restaurant - went out for tender this month. He said the respons-
es to the RPF have been very impressive.

However, Mr Watson suggested that with the size of the
investment needed to build-out the space, it may be difficult for
the average Bahamian to raise the capital.

The new US departure terminal is also expected to-hold a
food court with outdoor seating, which has not been imple-_
mented in an airport since the September 11 terror attacks.

Mr Watson Said the Lynden Pindling International Airport
will be transformed into a “premium world-class facility” and
operated “in a most efficient and commercial manner, while

remaining cost competitive”.

He argued that LPIA will have one of the most advanced
baggage systems of any US pre-clearance facility in the world.

“This $10 million baggage system has the ability to process up
to 2,000 bags per hour and screen for all pga threats,” said
Mr Watson.

“The $409.5 million project will modernise every aspect of our
airport operations. Four years from now, the LPIA will be
one of the most advanced facilities in the region.”

_. The development will also require a $2.2 million investment

-in Bahamian artwork, set in seven permanent displays around

the airport, and.in.14 temporary locations.

The new airport will also feature live gardens of native
plants, which were to be grown locally.

However, Mr Watson lamented that only 5 per cent of the
plants needed for the gardens can be found locally. “There are
gong to be local partners in every aspect of it (the develop-
ment),” he said. “There isn’t going to be a lot of foreign labour,
mainly in supervisory positions.”

WANTED

An Established Medical Facility

seeks to fill the following position:

REGISTERED
PHYSICIAN

General / Family Practice (Full-time) :
Kindly submit application to:

P.O. Box CR-55050
Nassau, Bahamas
or |
Via email to: a_1_phyneeded@live.com

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM


THE TRIBUNE

FRIDAY, AUGUST 28, 2009, PAGE 7B



New generation of coupons

means users are clipping less

SARAH SKIDMORE,
AP Retail Writer
PORTLAND, Oregon

Electronic coupons, arriv-
ing by cell phone, Twitter,
e-mail and Facébook, are
helping generate an old
standby's comeback and
bringing in new, younger
customers.

Many shoppers, especially
young consumers like 30-
year-old April Englebert,
used to reject coupons print-

ed in newspapers and direct-

mail booklets as passe or
cumbersome.

But Englebert, an
accounting clerk in Portland,
Ore., was so thrilled when
she cut her monthly grocery
bill from $500 to $300, main-
ly with electronic coupons,
that she recruited friends
and co-workers to try them.

"It's awesome," Englebert
said. "There is a lot of free
stuff to be had."

Coupon use had been .

declining since 1992 as con-
sumers found less need for
or some embarrassment in
using them. But as the econ-
omy worsened, frugal
became cool and their pop-
ularity grew.

Use of electronic dis-

counts and coupons more.
than doubled in the first half :

of 2009 compared with the
same period last year as
overall coupon use rose 23
“percent, according to

coupon-processing compa- —

ny Inmar Inc. They now
account for more than 3 per-
cent of all coupons used, up
from roughly 2 percent in
2008. eek

While they still represent
a small part of the total
coupons used, they have
strong potential — growing
quickly and providing a new

way for shoppers to stretch .

increasingly tight budgets.
"It does take some signif-

icant outside, forces for peo;...-

_ ple to wake up and pay
attention to the savings
opportunities available to
’ them," said-Matthew Tilley,
director of marketing for
Inmar. =.

On a'recent shopping trip
to the grocery store, Engle-
bert. tucked a clutch of offers
under her tattooed arm.
Besides the store's printed
circular, there were manu-
facturers' coupons she'd got-
ten by e-mail and coupons
she'd bought on eBay. Using
in-store sales and coupons,
she bought 14 items —
including macaroni and
cheese, meat and other

items — for a grand total of ©

$5.98, saving $24.88. ;

' Englebert said'she spend

about five hours-:a week
hunting for coupons —
checking her favorite blogs
for the hot deals of the day,
searching manufacturer

Web sites for special pro-:

motions and finding groups
on Facebook or through
Twitter feeds among other
tools. She even hits eBay
where something like a $5-
off coupon may not be of
any value to someone who



IN THIS JULY 14, 2009 PHOTO,

April Englebert displays the por-

tion of her grocery receipt that

details the amount of money

saved by using her coupons, out-

a a grocery store in Portland,
re.

4







IN THIS JULY 14, 2009 PHOTO, April Englebert displays a bag of groceries purchased using coupons |
outside a grocery store in Portland, Ore. Englebert, a 30-year-old accounting clerk, is so thrilled at being
able to cut her two-person household's monthly grocery bill from $500 to.$300, mainly with new elec-

tronic coupons, that she's even recruited friends and coworkers to try them.



IN THIS JULY 14, 2009 PHOTO, April Englebert shows a handful of





coupons, including manufacturers' coupons she'd gotten by e-mail and

ones she'd bought on eBay and printed out, outside’a grocery store

in Portland; Oregon. ':



| Electronic coupons
gain popularity

Coupon use has risen amid
the recession. iMemet and
sleotronid coupons have
become especially sopuiar.
Coupan usage percentage
increase 2008 to 2009
pJanuury Jue?

Ad coupons © S 353%



Internet and
- gigctronic
a



_isn't going to. use it but is

worth the 99 cents she might:

pay for it.
Users can print digital
coupons from Websites or

e-mail, but many are entire- |

‘ly electronic. They can be
_uploaded to a store's loyalty
card or arrive on a cell
phone as a promotion code

/ or image. There are also’

iPhone applications, hand-
held devices in stores and
screens built into grocery
cart handles that alert shop-
pers to deals in stores. And
retailers continue to try new
formats. Electronic coupons









‘“&

offer the same benefits for
retailers as any discount pro-
gram: driving consumer traf-
fic, building loyalty, increas-
ing sales and attracting new
customers. They also elimi-
nate printing costs, reduce
paper waste, can be updated
more quickly and have high-
er redemption rates than
their print counterparts.
And coupon aggregators
such as Coupons.com and
Cellfire say online coupon
users tend to skew younger
and more affluent than the
traditional coupon user:

-Cellfire, for example, says

60 percent of its users: are
between 18 and 35.

But technological hurdles .

remain in syncing electronic
coupons with checkout sys-

tems and in preventing

counterfeiting and hacking.
Many Internet coupons

_are designed to limit cus-

tomers to only two per com-
puter, but some users try to
find ways around. that.
Newer coupons can have
serial numbers or a user's
name built in so any abuse.
can be tracked, said Charles

‘

SY
Brown, co-chair of the
coupon council fot the Pro-
motion Marketing 'Associa-
tion and vice president of
marketing for NCH Mar-
keting Services...
But companies are still fig-
uring out the new dynamics
of managing the array of

. coupons and how fast they

can spread.

Marsh Supermarkets had
to halt a recent Facebook
deal offering $10 off a $10
or more, purchase as the
coupon spread much further
and faster through the social
networking site than the
Midwest grocer had intend-.

ed. "It just went everywhere. .

We did not anticipate that,"
company spokeswoman

Connie, Gardner said. "We .
would not have issued it if,
' wehad known."

“Most notoriously;; KFC

_ faced traffic jams and over-

whelming demand this

spring at several restaurants -

and ultimately offered rain
checks to cope with unan-
ticipated demand for free
grilled chicken meals offered
in a coupon posted on TV
talk show host Oprah Win-
frey's Web site. i
Overall, electronic
coupons lack the. reach of

print because consumers

must seek them out — as
opposed to finding them in

- the mailbox or on the front ~

step, Brown said.

Experts say both elec-
tronic and traditional print.
formats are likely to grow,
though it will be a while
before they match the all-
time peak in coupon use of
7.9 billion in 1992. In 2008,
consumers redeemed just 2.6
billion coupons of all types.

"When airplanes were
invented, trains didn't go
away. When TV was invent-

“ed, radio didn't-go away,"

Brown said. "Various
medias work together and
reach consumers at differ-
ent times."

———_ PRICEWATERHOUSE(COPERS
POSITIONS AVAILABLE FOR
AUDIT MANAGER

PricewaterhouseCoopers has vacancy in its Nassau and Freeport Offices for
Audit Managers whose qualifications make the individuals eligible for membership in
the Bahamas Institute of Chartered Accountants. Prospective candidates should
be employed in public accounting and have at least one (1) year of
experience at the Assistant Manager/Manager level in managing a portfolio: of
diverse client engagements. Candidates are also required to have a high level of

computer literacy.

The position offers challenging work in the financial - services industry and
other areas of industry and commerce. The salary scale, which recognizes different
levels of experience and skill, is designed to reward high performance.
In addition, the Firm provides excellent medical insurance and provident fund benefits.

\

x

Please submit an application letter with your Curriculum Vitae to:

P.O. Box N-3910
Nassau, The Bahamas



Human Resources Partner
“‘Audit Manager Position
PricewaterhouseCoopers

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM





wep Card 7
cae 20 RY Saieway Grup 08
vs ;

: Have to use trig, otier

AP Photo/Dan Goodman

THE CELLFIRE mobile coupon application for iPhone and iPod
Touch is demonstrated Thursday, Aug. 27, 2009; in New York.

PROGRESSIVE SERVICE ORIENTED COMPANY
LOOKING FOR A FEW GOOD PEOPLE.

PARTS AND SERVICE COORDINATOR:

Extensive background in managing an OEM
Heavy Truck Service/ Parts facility a must.
Background in Parts and Service management and
coordination required on a daily basis. Must be able
to effectively administer all facits of business.
Minimum of 10 years experience preferred. Good
people skills a must. Must have prior experience
in parts order anid supervising employees. Computer |
skills required on a- daily basis. Must be self |
motivated and work with little or no supervision.

Competitive Wages
We thank all applicants however, only candidates to
be interviewed will be contacted.

Please hand deliver your resumes and references to

Bahamas Mack Truck Sales Ltd.
Rock Crusher Road
Nassau, Bahamas

~ DATA ENTRY CLERK & CUSTOMER SERVICE
| REPRESENTATIVE








We require an experienced individual to fill the position of Data’
Entry ‘Clerk and Customer Service Representative for a Leading
General Insurance Company in the Caribbean. Reporting to the
Country Manager, the successful candidate will be primatily
responsible for data entry and communicating with the Company’s
Agents, ensuring that service standards are met.









CIR ea ey eroiess

« Bachelors Degree in Business Administration [position more
suitable to a recent graduate]

« Enrolment ina General Insurance Programme through either
the Chartered Insurance Institute or the Insurance Institute of
Canada ait trst

* Minimum of six (6) BGCSE subjects
~* Minimum of two (2) years experience in the General Insurance
Industry in Customer Service or Underwriting

» The ability to work on own initiative and communicate

__ effectively in oral and written form.

«The ability to deal with Agents courteously and professionally.

« Computer skills (that'is competence in the use of word
processing and spreadsheet software programmes and the
ability to learn and function effectively using the Company’s
General Insurance Application)















Interested persons should send a detailed resume
accompanied by a letter of application to:





Data Entry Clerk & Customer Service Representative
P. O. Box SS-19023
- Nassau, Bahamas








Or email to:
csands@icwi.com



The closing date for all applications is
31" August, 2009
Only short-listed candidates will be contacted







i a3

INSURANCE MANAGEMENT

(BAHAMAS) LIMITED. INSURANCE BROKERS & AGENTS












Saturday WINDS WAVES: VISIBILITY WATER TEMPS.
High = =Low W WNASSAU = Today: E at 5-10 Knots 0-2 Feet 7-15 Miles 85° F
Saturday: NE at 10-15 Knots 2-4 Feet 7-15 Miles 84° F





E at 5-10 Knots 0-2 Feet 7-15 Miles 83° F
NE at 10-15 Knots 5 2-4 Feet 7-15 Miles 83° F
ABACO Today: E at 5-10 Knots 0-2 Feet 7-15 Miles 81° F














Partly sunny with a

















Patchy clouds. Sunny to partly cloudy. Partly sunny, a t-storm Partly sunny with a Periods of sun, a The higher the AccuWeather UV Index™ number, the Saturday. NE at 10-15 Knots 2-4 Feet 7-15 Miles 82°F
thunderstorm. : possible. shower possible. t-storm possible. greater the need for eye and skin protection.
: High: 91° High: 90° High: 89° . High: 88°
High: 89° .. Low: 79° _ Low: 80° ‘Low: 79° Low: 79° Low: 80°
eerie cet i NY aCe = AccuWeather RealFeel ELE ee Lut aed ee Laer ee
[109°F | [89°F - | * fC - 116°-86°F 2 101°-90° F 102°-80° F
The exclusive AccuWeather RealFeel Spa earee is an index that combines the effects of temperature, wind, humidity, sunshine intensity, cloudiness, precipitation, an and Today 2:29 a.m. 22 8:30 a.m. 0. 6



elevation on the human body—everything that effects how warm or cold a person feels. Temperatures reflect the high and the low for the day. 317 p.m. 27 9:38pm. 08
Saturday odlam. 22 931am. 06

ee 418 p.m. 2.7 10:35p.m. 0.7

Statistics are for Nassau through 2 p.m. yesterday . . Sunday 4:32am..2.2 10:31am. 06







































ABACO Temperature, 5:14pm. 2.7 11:27p.m. 07
. High 91° F/33° C ars
; _High:92°F/33°C Low BITC, MONO a og eee
z - : 2 Normal hight ....... oh .. 89° F/31°C : seis
; : Ze Normal low .......... eseadhatietacaissaseed veveeee 16° F/24°C ;
He S Last year's WiIQH esssiscscassccsscscecasneee ae SUN AND MOON
— High:90°F/82°C : Z oe Last year's OW ......sssssssssees scvsesereenseeee OL F/27° C :
- Low: 76°F/24°C : eZ Ze ge Precipitation : . 6:49 a.m. Moonrise .... 2:51 p.m.
: = a J j j i : As of 2 p.m. yesterday . 0.30" . 7:33 p.m. Moonset.... 12:34 a.m.
: Year to date ........ pre . 24.29"
High: 90° F/32°C Normal year to date .............. is si Balas devas 30.49" a os
Low: 77° F/25°C
‘ AccuWeather.com
Forecasts and graphics provided by < a EXSY Showers
AccuWeather, Inc. ©2009 i \. na 5 [|< &] T-storm
ELEUTHERA Sep. 4 Sep. 11 Sep.18 Sep. 26 Exsj aa s
High: 92° F/33°C Islamabad Flurries a fe eee ees 4
° etary jown are noon positions of weather systems ani
ge F/26 c aren Be Snow precipitation. Temperature bands are highs for the day.
er phconell Forecast high/low temperatures are for selected cities. Stationary Mega
KEY WEST = CAT ISLAND
High:90°F/82°G. = ge ‘High: 89° F/32°C
Low: 80° F/27" G _ ae :
z : 2B : = 19/37 63/17. — 99/87 G47 Ss
= -_ 86/30 _ [les r nse: T1125 rm
_ SAN SALVADOR ES =
High: 91° F/33°G SS
Shown is today's weather. Temperatures are today's - helped Low: 76° F/24°C
highs and tonights's lows. High: 92° F/33°C
Low: 75° F/24° C











MAYAGUANA
High: 91° F/33°C

“ait 85





Today Saturday Today Saturday } Today Saturday
High Low W High Low Ww High Low W High Low Ww High Low W High . Low -. W
ae FR OF F/C F/C ; Se Bote Fe FL F/C F/C

Albuquerque 87/30 6246 s 88/31 64/1 - Indianapolis =: 82/27 60/1
64/17 53/11 sh 67/19 52/11 pe ao Baka 71/21

87/30 13



88/31







t.- t
















80/26 68/20 t 86/30 67/19
Atlantic City, 76/24 66/18 + 80/26 69/20 r Las Vegas RAGGEDISLAND —_
Baltimore 80/26 66/18 r - 80/26 68/20 Little Roc! igh: 91” F/33" 50/10 pe
Boston 70/21 61/16 s 66/18 BOIS + Low: 73° F/23°C 1/10 pe
Buffalo —=—S*~MA BQO” GAG pe 72/22 SE3”



GREAT INAGUA

2 79/26 S
Charleston, SC 86/30 70/21 t San Antonio ce tee T am

92/33 74/23 99/37 72/22 t

















Chicago ——S«S 2/2271 tt 69/20 San Diego’ High: 94° F/34° C
Cleveland 76/24 64/17 t 73/22 54/12 San Francisco 78/25 58/14 Low: 76° F/24°
Dallas = —S=« BA 71/21 pe ~ 93/83 70/21 ss Seatt i
Denver 87/30 53/11 s 84/28 52/11 pc New Orleans Tallahassee 86/30 71/21
Detroit == 72/22 60/15 «+r 7H21 SANT t= NewYork i 66/18 46/7 pc
pe B68 46/7 s
Honolulu 89/31 75/23 s 89/31 76/24 s Tucson 103/39 78/25 pc 101/38 75/23. pc : , : ‘ 2 e
Houston” = 95/35.-74/23t TAB A Washington, DC 80/26 68/20 r 86/30 70/21 t | MNTTE: RHR SE UIO ies ee SON Loe chest case



storms, t-rain, sf-snow flurries, sn-snow, i-ice, Prep-precipitation, Tr-trace







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