Citation
The Tribune

Material Information

Title:
The Tribune
Uniform Title:
Tribune (Nassau, Bahamas)
Portion of title:
Nassau tribune
Place of Publication:
Nassau, Bahamas
Publisher:
Tribune
Publication Date:
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
m Lhe Tribune

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SUNSHINE
AND HUMID

Volume: 106 No.139



STK Bias

USA TODAY.

BAHAMAS EDITION

www.tribune242.com

SATURDAY, MAY 8, 2010

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24 hours

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

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FALLOUT ®





Man, 20, murdered





TRAGIC SCENE: The drive-by shooting victim lies on the road.

By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net



POLICE are hunting the drive-by shooters who brutally mur-
dered a man in broad daylight yesterday evening.

The victim was walking along London Avenue, in the
Carmichael Road area, a little after 6m when a dark coloured car
pulled up next to him and opened fire.

According to a source close to the police investigation, the vic-
tim was shot twice at close range, in the back and head. He died at
the scene.

SEE page 15

Land owner to be
asked to give up title

NOELLE NICOLLS
Tribune Staff Reporter
nnicolls@tribunemedia.net



LEGAL representatives of the Eugene Lockhart estate plan
to appeal to the goodwill of the property owner who, through
an error, acquired title to a portion of the estate’s land on an
aborted sale, according to Tribune sources.

The title, it was claimed, was transferred to the purchaser due
to the “inadvertent lodging for recording of a conveyance to one
Serelistene Bannister in respect of a transaction which was

SEE page 15

BAHAMAS BIGGEST 4

Drive-by killers
in street terror



i
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‘aim il

Tim Clark e staff



CHARGED: Constable Harold Sands

By NATARIO McKENZIE
Tribune Staff Reporter
nmckenzie@tribunemedia.net



TWO police officers charged with allow-
ing a prisoner to escape from the Central
Police Station on Tuesday appeared in
court yesterday.

Corporal Jay Sergeant, 44, of Sandilands
Village Road, and Constable Harold Sands,
41, of Windward Road, were arraigned






Crews work
fo restore
water supply

By TANEKA
THOMPSON

Tribune Staff Reporter
tthompson@tribunemedia.net



THE Water and Sewage
Corporation hoped to
restore supply to "frus-
trated” residents of east-
ern New Providence by
last night as crews worked
to repair a leaking water
main on Robinson Road.

After two days of little

SEE page 11









Tim Clarke/Tribune staff

oY
wail

before Chief Magistrate Roger Gomez in
Court One, Bank Lane yesterday. It is
alleged that Sands permitted the escape of
Renardo Bastian on May 4.

Sands, who is being represented by attor-
ney Davard Francis, pleaded not guilty to
the charge.

It is also alleged that Sergeant, who is
being represented by attorney Romona
Farquharson, negligently permitted Bas-
tian’s escape. He pleaded not guilty.



CHARGED: Corporal Jay Sergeant



Bastian, 20 and Ricardo Knowles, 22, report-
edly made their escape from Central Police
Station during a bathroom break around 3am
on Tuesday. Knowles was shot by police as he
attempted to evade them in the Kemp Road
area. He was pronounced dead at the Princess
Margaret Hospital at 11.44 am Tuesday. Bast-
jan was apprehended a short time later at Pot-

SEE page 15



Good Samaritan, Marina
Glinton, remembered

NOELLE NICOLLS
Tribune Staff Reporter
nnicolls@tribunemedia.net

MARINA Glinton, former
director general of the
Bahamas Red Cross, died on
Thursday evening at the
Princess Margaret Hospital,
after succumbing to ailments
which had weakened her for
some time. She was in her ear-

SEE page 11

ome

TEE



BY DENISE MAYCOCK
Tribune Freeport Reporter

dmaycock@tribunemedia.net

GRAND Bahama Power
Company has finally restored
power to the entire island, dis-
continuing its outage rotation
which left many residents with-
out electricity over the last
three days.

SEE page eight

Ml FATHER OF PRISONER SHOT DEAD BY POLICE SPEAKS OUT
‘Sorry for my son’s crimes’

By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net

THE father of an
escaped prisoner who was
shot dead by police yes-
terday apologised for the
crimes his son had com-
mitted.

Ricardo Knowles Snr,
56, also hit out at a down-
market tabloid which
alleged his son Ricardo

“Ricky” Knowles Jnr had
threatened his own moth-
er with a gun.

Mr Knowles said there
was no truth to the claim
and the publication
should apologise to him
on his son’s behalf.

Knowles Jnr, 22, died
on Tuesday after alleged-
ly being shot in the stom-
ach by police in the Kemp
Road area.

He had earlier escaped

from Central Police sta-
tion where he was being
held prior to appearing
before Justice Jon Isaacs
on armed robbery, kid-
napping and rape charges.

Speaking with the
media in an interview at
his home in the Lynden
Pindling Subdivision,
where he is bedridden for

SEE page 15





NASSAU AND) BAHAM/





Tim Clarke/Tribune staff

RICARDO KNOWLES SR. speaks to the media about
his son Ricardo Knowles Jr. yesterday from his
home.

ISLANDS LEADING NEWSPAPER



PAGE 2, SATURDAY, MAY 8, 2010 THE TRIBUNE

LOCAL NEWS

Frantic residents





appy 40th Wedding

VlutTcisily

to Lennox & Sharan Bourne
fram your children









By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net

FRANTIC Pinewood Gar-
dens residents joined fire fight-
ers who battled to put out a
spreading bush fire before it
reached their homes.

Numerous homes in Pigeon
Plum and Avocado Streets
were threatened after a bush
fire broke out at around llam
yesterday. Thick smoke bil-
lowed throughout the commu-
nity, bringing anxious residents
into the street.Within an hour
the flames had spread to within
several feet of some houses,
and panicking residents began
to fetch water from their
kitchens and swimming pools
which they attempted to throw
on the fire to little effect.

Four fire trucks ultimately
responded to the outbreak,
although some residents com-
plained that they took too long

tt ad Leos

eae ic Gane EI ce as the fire got close to their re



to reach certain areas where
flames were spreading.

However, Chief Superinten-
dent in Charge of Fire Services
Jeffrey Deleveaux said that by
3pm, the fire was under control
and no homes had been dam-
aged. “We’re in the mopping
up phase now trying to reduce
some of the smoke. There’s a
lot of smoke,” said Supt Dele-
veaux. He said that fire crews
have “‘no idea” what caused the
fire at this time.









ae - ca cr a a ay
FIRE TRUCKS | in Pinewood Gardens vei as TES and residents tried to control a fast areas:
ing bush fire yesterday.



SHE doesn’t often give lengthy inter-
views, even though she has been in the
public eye for decades as the wife of a
Cabinet minister who became the Leader
of the Progressive Liberal Party and then
prime minister.

And, besides being a political wife,
Bernadette Christie has been kept busy
raising her children and following her
demanding career paths, much like many
other Bahamian women, so giving inter-
views has never been high on her to-do
list. This Sunday as a special Mother’s
Day broadcast, on her talk show, “Sunday
Conversations,” which airs from 2pm to



4pm on ISLAND 102.9 FM, Patty Roker
will be featuring an exclusive wide-ranging
interview with Mrs Christie.

Patty will also be speaking to Alex
Christie, singer/songwriter and daughter of
Perry and Bernadette Christie, about what
its like to have a mom like Bernadette
Christie, and how her mother is a major
part of helping her to follow her dream.

“I believe the candor of this interview
will surprise some people,” Patty said.
“Mrs Christie talks frankly about so many
aspects of her life, from how she met Mr
Christie and their courtship, to what kind
of profession she would have liked to have

had, to how she feels about politics, to
her new role as the mother of a rising star
— we talked about a vast array of topics.
She even addresses some of the cruel gos-
sip that has been circulating about her.
This interview will certainly show an
aspect of Mrs Christie that, I believe, is not
often seen.”

This special Mother’s Day edition of
“Sunday Conversations” will be aired only
once, starting at 2pm on Sunday, and will
be streamed live on www.islandfmon-
line.com







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Sunday, May9th 2010
11:30am - 3:30pm





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Boneless stuffed Leg of Lamb w/ Pine Nuts, Sun-dried Tomatos
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Oven Roasted Nassau Grouper
Minced Lobster Arrabiatta
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Assorted Fruit Pastries ¢ Apple Strudel

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Overlooking Beautiful Nassau Harbour. East Bay Street



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THE TRIBUNE

SATURDAY, MAY 8, 2010, PAGE 3

ne







(Felipé Majot/Tribune Staff)
UP TO 150 PEOPLE come to Ebenezer Methodist Church every Thursday from
10am to 1pm for hot soup, home-made bread, pastries and sodas, as well as
a bag of groceries. Church officials said the people come from as far as Prince
Charles Drive. One day, they said, the church would love to be able to offer a

place for these people to take a bath and sleep.





Bahamas to host 4th round of
China-Caribhean consultations

BY BAHAMAS INFORMATION SERVICES



THE Bahamas will host the 4th round of the China-
Caribbean consultations at Police Headquarters this
Monday, the Ministry of Finance has announced.

Deputy Prime Minister and Minister of Foreign Affairs
Brent Symonette heads the Bahamian delegation, while
Vice Minister of Foreign Affairs Li Jin Zhang will lead
the Chinese delegation.

The consultations involve the participation of China
and those Caribbean countries having diplomatic relations
with the People’s Republic of China, namely, Antigua and
Barbuda, the Bahamas, Barbados, Dominica, Grenada,
Guyana, Jamaica, Suriname and Trinidad and Tobago.

Friendship

These consultations were borne out of a desire to
develop friendship and comprehensive cooperation
between China and Caribbean countries based on mutu-
al respect.

The first China-Caribbean consultations were held in
September 2002 in New York on the margin of the 57th
Regular Session of the United Nations General Assem-
bly.

Since that time, meetings have been held in Antigua
and Barbuda in 2004 and in Beijing in 2006.

Both sides will exchange views on a broad range of
regional and international issues of mutual interests.

Delegates from Antigua and Barbuda, Barbados,
Dominica, Grenada, Guyana, Jamaica, Suriname and
Trinidad and Tobago will attend the meeting.







_cpmiTles c OMA.

fe - s
“THE BAHAR

Bahamas more developed
than China, Chinese say

NOELLE NICOLLS
Tribune Staff Reporter
nnicolls@tribunemedia.net

THERE are not too many
Chinese investors in the
Bahamas, but rather too few,
according to Chinese Embassy
representatives.

As long as the Bahamian
people welcome foreign direct
investment, the Chinese gov-
ernment will encourage its citi-
zens to invest, they said.

“One of the embassy’s
responsibilities is to promote
investment in the Bahamas if
the Bahamas welcomes it. I
think they do welcome foreign
investment because every year
the Bahamas has about $1 bil-
lion in foreign (direct) invest-
ment,” said Jian Tan, chief of
the commercial section in the
Embassy of the People's
Republic of China in Nassau

He said the number of Chi-
nese investors in the Bahamas
could be counted with only two
hands, where as the number of
investors from other countries
is virtually innumerable.

“We consider the investment
climate in the Bahamas to be
very good. You have stable
political conditions. That is very
important. In some countries
around the world, the govern-
ments change very fast, the
policies change very fast, so it is
a high risk for the investors,”
said Mr Tan.

“In the Bahamas you have a
democratic political system and
it is very stable. The laws and
the policies are very transpar-
ent. It is easy for the investor to
predict and get a long vision of
their investment, which lowers
the risk,” he said.

While the perception in the
Bahamas, and globally, is that
commerce in China is heavily
state-controlled and there is a
shortage of private enterprise,
Mr Tan said that in reality, Chi-
na is an open market economy
and the Chinese government is
“always supportive” of Chinese

EMPLOYMENT OPPORTUNITY
SECURITIES COMMISSION OF THE BAHAMAS

The Securities Commission of The Bahamas, a statutory agency responsible for
the oversight, supervision and regulation of the Investment Funds, Securities
and Capital Markets in or from The Bahamas, as well as the supervision of
Financial and Corporate Service Providers, invites applications from qualified

Bahamians for the following position:
Deputy Manager Corporate Affairs

Responsibilities:

Providing strong support to the Manager, Corporate Affairs and the
Executive Director in the execution of Human

Resource planning and HR benefit administration for the Commission
Assisting with managing training, human resource development,
compensation, benefits programs, ensuring compliance to policies and

“We consider the investment climate
in the Bahamas to be very good. You
have stable political conditions. That is

very important.”



companies investing abroad.
“Do you know what compe-
tition looks like in the US? It is
the same in China. We com-
pete with US companies, Euro-
pean companies. Almost every
Fortune 500 company is estab-
lished in China, with an office
or subsidiary. Why they come
to China is because they find
opportunities,” said Mr Tan.

Invite

“T would like to invite
Bahamian companies to invest
in China to enjoy the opportu-
nities. I would like to invite
Bahamian people to come to
visit to see what really happens.
I think after they land in the
airport and they visit some
cities they can see the power of
competition,” he said.

Mr Tan was seeking to calm
fears about foreign direct
investment by private Chinese
investors in the Bahamian agri-
culture sector.

The embassy has endorsed
talks between the Bahamas
Agricultural and Industrial Cor-
poration (BAIC) and sub-
sidiaries of China’s Shandong
Hi-Speed Qila Build Group to
explore opportunities in the
agriculture sector.

Both governments are await-

ee Be Rss
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822-2157



Jian Tan

ing official plans from the Chi-
nese investors, but initial
reports suggest a vegetable,
fruit and livestock farming pro-
gramme, and possibly a food
processing plant.

Mr Tan said one of the most
important factors in the devel-
opment of China over the past
10 years was competition.

He said China would not
have experienced a decade of
“fast tracked development” if it
had not embraced competition,
a major sign of which was join-
ing of the World Trade Organ-
isation.

If you want to develop your-
self, if you want to develop your
company, you really need com-
petition. We have good experi-
ence and good instincts in Chi-
na. Before China joined the
WTO, most Chinese people
said, “The wolf is coming. It is
dangerous’. But during the past
10 years you can see how China
was very fast in developing,”
said Mr Tan.

Responding to claims that
Bahamian investors may not be
able to compete against their
Chinese counterparts, Mr Tan
pointed out that the Bahamas is
aticher country than China.

“We are not a developed
country. We are a developing
country. We are poor. We are
much poorer than the
Bahamas. In 2008/2009 we had
just over US$3,700 per capita
GDP. The Bahamas have more
than US$20,000 per capita
GDP. Bahamians are much
more rich than the Chinese,”
said Mr Tan.

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procedures for the Commission.

Building and sustaining effective relationships with employees thereby
enhancing and strengthening the Commission's performance
Assisting with managing the general office administration of the

Commission

Competencies:

Sound knowledge of Compensation and benefits programs
Sound knowledge and understanding of HR management practices

Knowledge of labour legislation in the region
Developed negotiation skills

Well developed interpersonal and leadership skills

Good training delivery and facilitation skills
Must respect confidentiality

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Excellent analytical skills
Proficient computer skills (Microsoft Office applications, and HRIS)

Qualifications and Experience:

A Bachelor's degree with professional Human Resources certification
3-5 years experience in all aspects of Human Resource Management

A competitive salary and benefits are being offered. To apply, please write
attaching a resume to:

MANAGER HUMAN RESOURCES
SECURITIES COMMISSION OF THE BAHAMAS
P. O. BOX N-8347
NASSAU, BAHAMAS
Fax: 356-7530

E-Mail: info@scb.gov.bs

Applications should be submitted no later than May 14, 2010

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Unlocking and repairing all major cell phones
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THE TRIBUNE

LOCAL NEWS

SATURDAY, MAY 8, 2010, PAGE 5



“T vex because all these tief-
ing lawyers taking people mon-
ey and not working.”

— Dead Vex :

“T am vex that numerous :
crime articles keep mentioning :
Kemp Road. If the police want }
to keep a lid on crime, they :
should open a police station on }

Kemp Road. Mind you there

needed.”

ain't even say 'boo' to Nassau
on how they gone catch them

pays them.”

“T vex at these number 15
buses who stop dead in the mid- :
dle of the road on Bay Street to :
let out their impatient passen- :

gers, causing me to hit my
brakes and raise my blood pres-

back of your run down jitney.

people off. Stop being so
biggety, y'all want to block up

makes me sick.”

“I am happy to see my MP :

Loretta Butler looking out for | Should have a vibrancy that

the poor an' needy at this time : €Xtends its life beyond the nine
when they most need it. She :
has been constantly on the go :
trying to help all of the poor :
and needy all over the country :

and is always in the papers
doing her job.”

~ Montague Constituent Seafood and Wine Festival is

: designed to celebrate the rich

+ Are you vex? Send your com- i marine resources of the
plaints to '‘whyyouvex@tribune- Bahamas, as ey i 3 fer-
media.net’ or fax them to 328- ; Vent passion tor lood, wine
; and entertainment.”

2398.










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Godinger Silver
Gibson Dinnerware
Studio Silversmiths

THE Downtown Nassau

Plans are to hold the festi-
val, which will feature the cre-
ations of at least 15 fine dining

: establishments, on the open

: waterfront immediately west

electricity thieves who robbing : of the Bristish Colonial Hilton

them of some 25 per centof the | gn West B ay Street.

electricity. Ain't nobody fool :
to pay more electricity bill : p: ees ;
when BEC can't account fer 25 : Friday, May 28, is a joint pro

per cent of what we already ; motion by the DNP, the Min-

: istry of Tourism and the Min-

— Things tough Y
: Marine Resources.

The festival, set to begin on

istry of Agriculture and

Nassau Tourism Develop-
ment Board chairman Charles
Klonaris said: “As a part of its
work on the revitalisation of

: our city, the Downtown Nas-

: sau Partnership undertakes

sure. Let those bus catching : various initiatives that are

people know you can'tlet them + intended not only to deliver
out in the middle of the road : pa y

unless they want to get knock in ; et a else but
the hip or cause a pile up in the ; #80 '0 Shape an experience

: that captivates visitors and res-

“And government had : idents as they move about the

enough sense to put bus stops ;
on the side of the road, jitney :
drivers please use them and pull ;
to the side of the road to let }

city.”

“Great cities have great fes-
tivals,” said Mr Klonaris, citing
the examples of West Palm

Beach, where more than
C Up : 280,000 festival-goers packed
traffic to let 10 people off like :

no one driving behind you. It week; and South Beach, where
., } a four-day festival raised more
=Mad'Motonst ; than $2 million for charity.

the revitalised waterfront last

He added: “Downtown

to five with wide options on
things to do, places to see and
people to meet. Festivals and
events are important for the

: proper functioning of cities.

“The Great Bahamian

rystal

7:00am-9:00pm

Jewelry Boxes
¢ Handbags
Picture Frames
Artificial Flowers
Gift Baskets

from Max’s





a |



Tim Clarke/Tribune staff





MINISTER of Tourism Vincent Vanderpool-Wallace speaks
about the Great Bahamain Seafood and Wine Festival at the

British Colonial Hilton.

DNP managing director
Vaughn Roberts said the fes-
tival’s timing is critical.

“The Great Bahamian
Seafood and Wine Festival will
celebrate our passion for food,
wine and entertainment and
give our chefs, caterers and
restaurateurs opportunities to
showcase seafood cuisine as a
part of the Bahamian cultural
experience,” Mr Roberts said.

He added: “The festival was
set to coincide with the first
American holiday for summer,
Memorial Day, a symbolic
kick-off that is traditionally
one of the biggest travel week-
ends for North America.”

The festival will commence
on the Friday at 7pm at
Jacaranda House on Parlia-
ment Street.

Mr Roberts said: “Guests
will experience seafood pre-
pared by signature restaurants
and professional caterers, wine
recommendations by wine
experts, a sushi bar, music and
dancing, chef demonstrations,
a dessert and coffee lounge
and an art exhibition.”






7a

sale ends May 8th, 2010

Now open 7am

oe Reg N em ott

Saturday’s events include a
‘Blessing of the Fleet’ cere-
mony at 11am; a farmers’ mar-
ket and fishermen’s wharf;
conch cracking and fish scaling
competitions; and cooking
contests.

The participating restau-
rants include: Aqua (the
Hilton); Black Angus (the
Wyndham Resort); the
Bahamian Club (Atlantis);
Graycliff; Ichiban; August
Moon; the Poop Deck (east
and west); Provence; Trav-
ellers’ Rest; Cafe Matisse;
Luciano’s of Chicago; Seafront
Sushi; Van Bruegel’s and Indi-
go.
Anyone seeking more infor-
mation should contact the DNP
at 326-0992 or email
vroberts@downtownnassau.org.

ee
as pe

SWRI
PHONE: 822-2157



ATLANTIS

Ba RAGISE ISLAND

On Sunday, May gth for a truly unforgettable Mother's
Day we invite you to come and celebrate at three of our
amazing buffet restaurants!

CVeagutped



12:30pm to 4:00pm
$3200 Adults / $15.00 Kids
Enjoy fun family dining in our
new Seagrapes dining room

le flarket FACE



I2 noon to 3:00pm

$32.00 Adults / $15.00 Kids
Experience Old World ambiance
and regional fare at Marketplace!







‘Downtown Nassau Partnership announce
week-long seafood an

oac : By ALESHA CADET

are a majority of honest, hard-_§
working citizens living there :
and a proactive step to locate a : : :
police station in the area by the : Partnership has unveiled plans

police and politicians is surely } for a week-long Great

: Bahamian Seafood and Wine
- Law abiding, God-fearing : Festival to be enjoyed by
: tourists and Bahamians alike.

“BEC make me vex ‘cause }
they went ahead spending mon- ;
ey holding town meeting an’ :

i wine festival

AT 3 LOCATIONS

A
Sale
sDay

at
WRAPPING

BRANCHES "

Village Road Shopping
Centre

en
° Tel: 393-2019
Mon ¢ Sat 10am - 7pm

The Mall at Marathon
® Tel: 393 - 4147/8 i
Mon - Fri. 10:30am-7:30pm_:
© Sat. 10:30am-8:30pm

MAIN STORE:
Rosetta Street
© Tel: 322-8586
: Mon - Fri, 8:30am - 5:30pm
¢ Sat. 9:00am - 6:00pm

ce A eS ue ple) lS
Cre So ee OCT

mm Void for regutar pricad Roms only

sparc

BRO TT




«> 4 Godsetic é

Iz noon to 30pm

$40.00 Adults / $18.00 Kids
Indulge in custom-made
Mediterranean cuisine at Mosaic!
Located an The Qaove



ieee Petite ae Rr as
WO PEkemEtions equine.
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TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM



PAGE 6, SATURDAY, MAY 8, 2010

LOCAL NEWS

THE TRIBUNE







COVERAGE L





lan Nicholsonz/AP Pho

BRITAIN'S Conservative opposition leader David Cameron walks past the media as he arrives to give a press conference in London, Friday, May, 7 2010 . Britain's two main parties were locked in a power
struggle Friday after an inconclusive election _ with Labour's Gordon Brown suggesting he would try to form a coalition and Conservative leader David Cameron insisting the prime minister no longer had a

mandate to govern. Cameron - whose Conservatives outpolled Labour but fell short of winning a majority in Parliament _

m STOCK MARKET

Inconclusive election results
cause drop in UK stocks, pound —

LONDON

BRITAIN'S stock market
and the pound fell Friday as
investors worried about an
inconclusive result in national
elections against a backdrop of
global market turbulence,
according to the Associated
Press.

The FTSE 100 share index
finished 2.6 percent lower at
5,123, on top of a 1.5 percent
drop Thursday. At one point,
the blue chip index was down
3.5 percent as the afternoon
after the market digested Con-
servative Party leader David
Cameron's overture to the
third-place Liberal Democrats
to join him in forming a gov-
ernment.

The FTSE 100 is now 12.2
percent below its 52-week peak



of 5,834 set April 16.

The British pound traded as
low as $1.4449 by late morning :
but rallied to $1.4720 by late :

recovery from recession.

London.

Grant’s Town Wesley Methodist Church

The Holy Ghost Prayer-Line number is 326-7427
(www.giwesley.org)

SUNDAY, MAY 9TH, 2010

7:00 a.m. Rev Carla Culmer/Bro. Jamicko Forde
11:00 a.m.Rev. Carla Culmer/Women’s Fellowship

7:00 p.m.Sis. Rosemary Williams/Sis. Mariln Tinker















Theme: “ But As For Me And My Household, We Will Serve the Lord”























‘and Are treast aan an

ee a
eae Ra ag

SUNDAY SERVICES
Meming Warship Senace ...
SUNndOY Schoo tor all oes ...
Aduli Bducotion

Worship Sonica .

Spanish Service

Evening Worsnip Serica

4.40 am
9.45 aur
945 Om.
11am
6.00 cum.
4.40 pm

WEDNESDAY at 7:30 p.m.
Selec ive Bible Teaching

Royal Rangers (Boye Cuts) 4-14 yr.
Missoneties (its COuey) 4-16 ye

FRIDAY at 7:30 p.m.
Youth Minty IMeating
RADIO MINISTRY

Suncioys ot B30 aun, «25 1

Visit Qur Book Store: TEMPLE BIBLE & BOOK SUPPLY

EVANGELISTIC TEMPLE

Assembly Of God

SUE Um ie eet
RSS MC Mere eM a bos
Se ieee ets

TEMPLE TIME

mM POLITICS

claimed that voters had rejected Labour in Britain's national election Thursday.



No UK election winner,
big 2 parties woo a partner

: LONDON

afternoon, still down sharply :
from $1.51 Thursday morning. :

Beyond the global turmoil :
created by the debt crisis, the ;
incomplete election returns :
worried investors — with no :
party claiming a majority, it :
was unclear what the next gov- :
ernment's approach would be :
to slashing a ballooning debt ; results and a public accus-
while nurturing a so-far feeble : tomed to clearer outcomes

‘ : watched transfixed, according
The potential lack of a }

strong government "does not :

bode well for implementing Cameron, ahead but shy of a
implemented Leen fas ? majority, seized the initiative
get deficit,” said Marc Ostwald with a “comprehensive offer

aL ON cures aa but possibly willing Liberal

* Democrats.

RITAIN'S inconclu-

B sive election turned
into high political

drama Friday, with the Con-
servative and Labour parties

wooing the same potential ally
while the markets pressed for

to the Associated Press.
Conservative leader David

to the ideologically dissimilar

Labour incumbent Gordon
Brown, beaten but still bat-
tling, dangled before the Lib
Dems their dream of major
electoral reform.

A weekend of frantic nego-
tiations loomed — but
momentum seemed to be with
the youthful Cameron.

"We have to accept that we
fell short of an overall majori-
ty,” said Cameron, 43.

Results showed the Conser-
vatives won 306 of the 650
seats in the House of Com-
mons; 326 were needed for
outright victory. Labour won
258 seats, the Liberal Democ-
rats 57 and smaller parties 28.

"Britain needs strong, sta-
ble, decisive government, and
it is in the national interest that
we get that on a secure basis. ...
I want to make a big, open and
comprehensive offer to the
Liberal Democrats," Cameron
said.

But Cameron promised only
a "committee of inquiry” to
look into Lib Dems’ major
goal: reform of the electoral
system so that the number of
seats gained is based on the
percentage of vote a party
achieves. They say that is fair-
er than the current system, in

which a party can win a par-
liamentary majority by getting
only a third of the votes.

The Conservatives won 36
percent of votes cast Thursday,
Labour 29 percent and the Lib-
eral Democrats 23 percent.

The Conservatives also held
out the tantalizing prospect of
Lib Dem seats in a Tory gov-
ernment. Senior Conservative
lawmaker William Hague said
Cabinet posts for Liberal
Democrats were not "off the
table.”

Cameron also left open the
option of trying to form a
minority government if the
Liberal Democrats turned him
down.

Brown, too, appealed to the
Lib Dems to make a deal, and
went further than Cameron by
promising quick legislation on
electoral reform.

"There needs to be imme-
diate legislation on this to
begin to restore the public's
trust in politics,” Brown said.

"The question for all the
political parties now is whether
a parliamentary majority can
be established that reflects
what you, the electorate, have
told us," Brown said in a state-
ment delivered outside 10
Downing St. — still his home,
at least for now.

Even a deal with the Liberal
Democrats would leave
Labour a few seats short of a
majority, meaning they would
have to turn to Scottish and
Welsh nationalists for further
support.

Liberal Democrat leader
Nick Clegg did not immedi-
ately respond in public to his
opponents’ overtures. He said
earlier that the party winning
the most seats and the most
votes — the Conservatives —
should have the first right to
try to govern.

"I think it is now for the
Conservative Party to prove

CENTRAL GOSPEL CHAPEL

CHRISTIE & DOWDESWELL STREETS ° Tel: 325-2921

SUNDAY, MAY 9, 2010

10:00 am Speaker Communion Service
Speaker Elder Brentford Isaacs
Topic: Choices
Wishing All Mothers A Happy Mother’s Day

» LIGHT AND LIFE COMMUNITY CHURCH

Grounded In The Past &
Geared To The Future

Worship time: lam & 7pm
Sunday School: 9:45am

Prayer time: 6:30pm
Place: The Madeira
Shopping Center

Pastor Knowles can be heard each
morning on Joy 101.9 at 8:30 a.m.

Rev. Dr. Franklin Knowles

ALL ARE WELCOME TO ATTEND

Pastor: Rev. Dr Franklin Knowles
P.O.Box EE-16807
Telephone number 325-5712
EMAIL - lynnk@ batelnet.bs

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



LIBERAL Democrat Treasury spokesman Vince Cable leaves the
Liberal Democrat HQ in Westminster, Friday evening, May 7
2010. Britain's inconclusive election turned into high political
drama Friday, with the Conservatives and Labour Party wooing
a potential ally as the markets pressed for results and a public
accustomed to clearer outcomes watched transfixed.

that it is capable of seeking to
govern in the national inter-
est," he said.

The closely fought election
was the first since 1974 to pro-
duce a hung Parliament, in
which no party has overall con-
trol. The prospect of days —
possibly weeks — of political
horse-trading unsettled the
financial markets. As the
pound and the FTSE-100

index fell sharply, pressure
mounted for a quick solution.
"It's vital that this political
vacuum is filled as quickly as
possible,” said Miles Temple-
man, director general of the
Institute of Directors business
group. "The country simply
can't afford an extended peri-
od of political horse-trading
which delays much needed
action to tackle the deficit."

BAPTIST BIBLE CHURCH
SOLDIER ROAD & OLD TRAIL

(Sunday Schact idam
Preaching
Radio Bible Hour:

Sunday Hom - NS 2

Vied. Prayer & Praise ?:30om

FUNDAMENTAL |
‘lam A PoUpT EVA MGELISTIC

Pastor:H. Mile

“Preaching the Bible as is, to rian as they are”

| Pastor: H. Kills * Pho:

493-0663 » Box N-Siz2 }

Grace and Peace Wesleyan eres
ee em el |
Horth America

OR RE

CAL oie CAC eee Oe ae ee ees ee eee

Worship Time: Dian. d& 6p.n.

Prayer Time: Dh Panwm, te MbaS am,

Charch School during Worship Service

Place: Twynam Heights aff Prince Charles Drive

Minister: Rev. Henley Perry

PQ, Thaw 5-281
Tele pone timber: 324-228
Telefaa timber: bE 2487

COME To FORSHEE LEAVE To SERVE



THE TRIBUNE



LOCAL NEWS

SATURDAY, MAY 8, 2010, PAGE 7



Passport DC 2010:
triumph, again!





CONCH FRITTERS, conch salad and sky juice - Who says one can-
not have a “fish fry” in Washington DC?

BY KHYLE QUINCY PARK-
ER

Press Attaché

Embassy of The Bahamas

WASHINGTON, DC - For
the second consecutive year,
about 3,000 people thronged
the grounds of the Embassy of
the Bahamas for the ‘Around
the World Embassy Tour’ that
kicked off the 2010 edition of
Cultural Tourism DC’s increas-
ingly popular “Passport DC”.

Last Saturday, more than 30
embassies threw open their
doors and invited residents and
visitors to the DC Metro Area
to — in the words of Charles
Dickens — “Come in, and know
(us) better!” The enthusiastic
crowds responded by the thou-
sands,

The line outside the
Embassy of the Bahamas began
forming 20 minutes or so before
it was scheduled to open, and
by noon more than 1,000 peo-
ple had come through its doors.

Visitors to the Bahamas
Embassy were greeted by
Ambassador Cornelius A
Smith, and feted with live
Bahamian music performed by

members of the Bahamian
community living in the DC
Metro Area, as well as a mix
of old Bahamian standards like
Charlie Adamson and Ray
Munnings to the latest hits from
Avvy, Ronnie Butler and Sweet
Emily.

Many of the visitors decided
to give Bahamian dances a try,
with some attempting “the
Vola” and others trying to
“Mash the Roach.”

Visitors also admired the
display of fine junkanoo cos-
tume pieces.

Embassy staff and Bahami-
an volunteers told the story of
junkanoo, goombay and rake-
n-scrape music, and described
the painstaking work that goes
into each junkanoo costume.

Kataran Taylor, a Bahamian
student at Northern Virginia
University (NOVA), played the
goatskin drum for the crowds,
delighting visitors with the pul-
sating junkanoo rhythms.

Those in attendance also
had a chance to talk tourism
with Dornell Watson of the
Bahamas Tourist Office, and
financial services with Eco-
nomic Attaché Dr Nicola Vir-



VISITORS to the Embassy of the Bahama



me
. i
j

S$ got a stamp in their “pass-

port” to show they had been to the land of sea and sun at the Pass-
port DC event in Washington DC, Saturday, May 1.

gill-Rolle. Passport DC at the
Embassy was so popular last
year that a special group of chil-
dren, the Montgomery County
Chapter of Jack and Jill Clubs
of America, made an effort to
participate in the 2010 festivi-
ties.

The children learned the
Bahamian Pledge of Allegiance
beforehand, and recited it for
the Ambassador as a special
surprise.

Finally, visitors got a stamp
of the seal of the Common-
wealth of the Bahamas in their
Passport DC programme —
mimicking the stamping of a
real passport as proof of their
visit.

Most of those who came to
the Bahamas’ Embassy left with
a takeaway item — a keychain, a
pen, a map — something to
remind them of the great time
they had at the Embassy of the
Bahamas during Passport DC
2010.

Members of the Bahamian
community pitched in along
with Embassy staff to make the
event a success.

Ambassador Smith summed
up his response to the event this

Conference to explore ways to promote the
international connection of Underground Railroad

THE United States
Embassy in Nassau is co-
sponsoring a conference to
explore how the Bahamas and
the US can collectively pro-
mote the international con-
nection of the Underground
Railroad through historic edu-
cation, preservation and her-
itage tourism.

The Bahamas/USA Under-
ground Railroad Network to
Freedom Heritage Connec-
tion Conference will be held
from May 17-20 at the Wynd-
ham Nassau Resort.

The Bahamas and the US

share a relationship built up
over a century of close part-
nership on important pro-
grammes vital to the eco-
nomic and national security
of both countries. This close
relationship also includes a
shared history involving
escaped slaves who settled in
the Bahamas in the 19th cen-
tury.

Documenting

To begin the process of
documenting this important





GN 1041

GOVERNMENT NOTICE
MINISTRY OF PUBLIC WORKS & TRANSPORT

The Ministry of Public Works & Transport would
like to advise contractors of the need to have the
proper documentation in place when submitting
tenders for Public Works Projects. Effective, May
1st 2010, Tenders for public works projects will
no longer be acceptable in the absence of a full
and complete set of documentation, including
but not limited to the following:

1. A current

letter “The National

Insurance

Board’ confirming that the contractor is in good

standing.

2. A current copy of the contractor's Business

License.

connection between the
Bahamas and the US, two
programme managers from
the National Park Service
Network to Freedom Pro-
gramme will travel to Nassau
and Andros.

The Network to Freedom
Programme has the mission
of commemorating the
Underground Railroad legacy
worldwide.

The National Park Service
representatives will tour, learn
from, and lend their expertise
at several historical sites,
including the Red Bay settle-
ment, Gambier Village,
Clifton Heritage and
Delancey Town — sites that
are all associated with the
Underground Railroad histo-
ry of the US,

The National Park Service
said it is looking forward to
collaborating with the
Bahamian government and
community to develop a
range of programmes and
preservation efforts to docu-
ment this important story.

52wk-Low
1.00
9.67
5.23
0.44
3.15
2.14
9.62
2.69
5.00
2.21
1.32
5.94
B75
9.50
3.75
1.00
0.27
5.00
9.95
10.00

Benchmark
Bahamas Waste
Fidelity Bank
Cable Bahamas
Colina Holdings

Doctor's Hospital
Famguard
Finco

Focol (S$)

ICD Utilities
J. S. Johnson

Securit y
AML Foods Limited
Bahamas Property Fund
Bank of Bahamas

Commonwealth Bank ($1)
Consolidated Water BDRs

FirstCaribbean Bank

Focol Class B Preference
Freeport Concrete

Premier Real Estate

way: “I am particularly pleased
that Passport DC has provided
us with this opportunity to
expose so many residents of
and visitors to the DC Metro
Area to our country. We hope
that this ‘taste of the Bahamas’
will titillate their desire to plan
to spend their next vacation on
one of our beautiful family of
islands.”

Tel: 356-3467

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Request For Proposal 05/10

Database Consultancy Services

The Securities Commission of The Bahamas (“the Commission’) is a statutory
body established in 1995 pursuant to the Securities Board Act, 1995, which
was repealed and replaced by the Securities Industry Act, 1999 (the SIA). The
Commission is responsible for the administration of the Investment Funds

Act, 2003 (the IFA) and the SIA pursuant to which it supervises and regulates
the activities of the investment funds, securities and capital markets. The
Commission, having been appointed Inspector of Financial and Corporate
Service Providers January 1, 2008, is also responsible for administering the
Financial and Corporate Service Providers Act, 2000.

The Commission invites proposals for the provision of database consultancy
services to guide the improvement of its internal database systems that house
quantitative and non-quantitative operational data, as well as information to
support its regulatory oversight and statistical functions. Interested parties
are expected to submit a full project proposal identifying the proposed term of
engagement, the structure and nature of the consultancy and the deliverables
at each phase of the project. Copies of the detailed requirements may be
obtained by contacting the Commission as follows:

E-mail info@scb.gov.bs
Tel: 242-356-6291 /2
Fax: 242-356-7530

Mark submissions as follows:

Request for Proposal 05/10
Proposal to provide Database Consultancy Services to the Commission

Address tenders to:
Executive Director

Securities Commission of the Bahamas

3rd Floor Charlotte House
P.O. Box N-8347
Nassau, Bahamas

The Commission reserves the right to accept or reject any and all proposals.
Deadline for delivery to the Commission is on or before May 14, 2010

ROYAL FIDELITY

Minmey at Work

BISX LISTED & TRADED SECURITIES AS OF:
THURSDAY, 6 MAY 2010

BISX ALL SHARE INDEX: CLOSE 1,561.38 | CHG 2.87 | %CHG 0.18 | YTD -4.00 | YTD % -0.26

FINDEX: CLOSE 000.00 | YTD 00.00% | 2009 -12.31%

WWW .BISXBAHAMAS.COM | TELEPHONE:242-323-2330 | FACSIMILE: 242-323-2320

1.05
10.63
5.24
0.44
3.15
2.17
12.07
2.84
5.84
2.81
2.54
6.07
9.08
10.60
5.08
1.00
0.27
5.59
9.95
10.00

Previous Close Today's Close

Change Daily Vol.
7.04
10.63
5.24
0.44
3.15
2.17
12.07
2.84
5.90
2.70
2.54
6.07
9.08
10.60
5.08

99999999999908
eco-ooooooooo
eoeosG900000004

1.00
0.27
5.59:
9.95
10.00

EPS $



FG CAPITAL MARKETS
BROKERAGE & ADVISORY SERVICES

C2tt+ Tt BT A Te

Div $
0.250
0.050
0.598

-0.877
0.168
0.055
1.406
0.249
0.460
0.111
0.627

-0.003
0.168
0.678
0.366
0.000
0.035
0.407
0.952
0.156

BISX LISTED DEBT SECURITIES - (Bonds trade on a Percentage Pricing b
Security Symbol Last Sale Change Daily Vol.
Fidelity Bank Note 17 (Series A) +
Fidelity Bank Note 22 (Series B) + FBB22 100.00
Fidelity Bank Note 13 (Series C) + FBB13 100.00
Fidelity Bank Note 15 (Series D) + FBB15 100.00 s
RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)
Symbol Bid S Ask & Last Price Daily Val.
Bahamas Supermarkets. 10.06 11.06
Caribbean Crossings (Pref) 2.00 6.25 4.00
RND Holdings 0.35 0.40 0.55
CFAL Securities Ltd. (Over-The-Counter Securities)
ABDAB 30.13 31.59
RND Holdings 0.45 0.55
BISX Listed Mutual Funds
NAV YTD% Last 12 Months %
6.57
-0.11
4.75
-3.54
5.44
6.99
13.50
5.25
4.37
5.34
5.33

ases)
52wk-Hi _52wk-Low
1000.00
1000.00
1000.00
1000.00

Interest

FBB17 100.00 T%
Prime + 1.75%
T%

Prime + 1.75%

19 October 2017
19 October 2022
30 May 2013
29 May 2015

3. Evidence that the necessary arrangements
to facilitate “Contractors All Risk Insurance’
in the amount of the project, including liability
coverage in the amount of $1,000,000.00 (One
Million Dollars) is in place.

52wk-Low EPS $

-2.945

Div S
0.000

P/E

0.000
0.001

0.480
0.000

4.540
0.002

0.000
0.55 0.000
NAV 3MTH
1.438700
2.886947
1.507147

NAV 6MTH
1.407626
2.830013
1.491956

Fund Name
CFAL Bond Fund
CFAL MSI Preferred Fund
CFAL Money Market Fund
Royal Fidelity Bahamas G & | Fund
Royal Fidelity Prime Income Fund
CFAL Global Bond Fund
CFAL Global Equity Fund
FG Financial Preferred Income Fund
FG Financial Growth Fund
FG Financial Diversified Fund
Royal Fidelity Bah Int'l Investment Fund
Principal Protected TIGRS, Series 1
Royal Fidelity Bah Int'l Investment Fund
Principal Protected TIGRS, Series 2
Royal Fidelity Int'l Fund - Equities Sub Fund

1.3702
2.8266
1.5127

1.4602
2.9020
1.5289

7.50
0.52
1.44

Only contractors who are in compliance, will be
allowed to participate in the tender process for
Public Works Projects. These documents must
accompany the contractor's bid.

2.9343
12.6816
100.5448
93.1998
1.0000
1.0000

3.2025
13.4986
107.5706
105.7706
1.1034
1.0764
1.1041
9.5795

2.75
0.98
3.45
3.99
1.25
0.79
1.23
5.33

103.987340
101.725415

103.095570
99.417680

1.0000
9.1005
10.0000 10.5417

-2.13 10.96

4.8105 7.6928 -0.31
MARKET TERMS
YIELD - last 12 month dividends divided by closing price
Bid $ - Buying price of Colina and Fidelity
Ask & - Selling price of Colina and fidelity
Last Price - Last traded over-the-counter price
Weekly Vol. - Trading volume of the prior week
EPS $ - A company's reported earings per share for the last 12 mths
NAV - Net Asset Value
N/M - Not Meaningful
FINDEX - The Fidelity Bahamas Stock Index. January 1, 1994 = 100

47.51

| BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00
S | g ned 52wk-Hi - Highest closing price in last 52 weeks
eighted price for daily volume
day's weighted price for daily volume
Change - Change ing price from day to day
Daily Vol. - Numb: tal shares traded today
DIV $ - Dividends per share paid in the last 12 months
P/E - Closing price divided by the last 12 month eamin: gs
KS) - 4-for-1 Stock Split - Effective Date 8/8/2007
KS1) - 3-for-1 Stock Split - Effective Date 7/11/2007
TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-7525

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

Today's Close - C

Colin Higgs(Mr.)
Permanent Secretary





PAGE 8, SATURDAY, MAY 8, 2010 THE TRIBUNE



LOCAL NEWS

ANITA ALLEN SWORN IN AS ACTING CHIEF JUSTICE



HMBS FLAMINGO MEMORIAL 2010

Ceremony for
four marines
killed in action

50 year's ago

FAMILY members and p>—,
friends of the four marines
killed in action 30 years ago
during the sinking of HMBS
Flamingo will join the officers
and marines of the Royal
Bahamas Defence Force for
a brief ceremony at the Coral
Harbour Base on Monday at

SENIOR JUSTICE ANITA ALLEN is pictured taking the oath as she is sworn in as Acting Chief Justice by Governor General Sir Arthur 8. 20am.
Foulkes, Wednesday, May 5. INSET: Governor General Sir Arthur Foulkes looks on during the signing-on ceremony.





Patrick Hanna/BIS Photo

a A

Bringing remarks at the
special Morning Colours Cer-
emony will be the Minister of
National Security and Immi-
gration Tommy Turnquest.

After the ceremony, a ———
Defence Force craft will take Jeng IVAN gees
the family members out for
the laying of a wreath at sea in
memory of HMBS Flamingo and her fallen crew.

The Defence Force ensign will be flown at half-mast through-
out the day.

On May 10, 1980, after arresting two Cuban fishing vessels
near the Ragged Island Chain, Able Seaman Fenrick Sturrup,
21; Marine Seaman Austin Rudolph Smith, 21; Marine Seaman
David Allison Tucker, 21, and Marine Seaman Edward Arnold
Williams, 23, were killed when Cuban MIG jets fired upon
and sank the HMBS Flamingo.

Two of the 15 surviving crew members of HMBS Flamingo
are still serving members of the Royal Bahamas Defence Force.

They are Senior Lieutenant Whitfield Neely and Force Chief
Petty Officer Gregory Curry.



Harris Preferred Capital Corporation



Independent Auditors’ Report

The Stockholder and Board of Directors
Harris NLA

We have audited the accompanying consolidated statements of condition of Harris N.A. (an indirect wholly-owned
subsidiary of Bank of Montreal) and subsidiaries (the Company) as af December 31, 208 and 2008, and the related
coosolidated statements of operations, comprehensive income (loss), changes in stockholder’s equity, and cash
flows for each of the years in the three-year penod ended December 31, 2009, These consolidated financial
statements are the responsibility of Harris N.A,'s management, Our responsibility is to express an opinion on these
consolidated financial statements based on our audits.

We conducted our audits in accordance with auditing standards generally accepted in the United States of Amenca.
Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the
financial statements are free of material misstatement. An audit includes consideration of internal control over
financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for thee
purpose of expressing an opinion on the effectiveness of the Company's intemal control over financial reporting.
Accordingly, We express no such opinion, An audit includes examining, on a test basis, evidence supporting the
amounts and disclosures in the financial statements. An audit also includes assessing the accounting principkes used
and significant estimates made by management, as well as evaluating the overall financial statement presentation.







Bahamian duo team

We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the consolidated financial statements referred to above present fairly, in all malerial respects, the
financial position of Harris N.A. and subsidiaries as of December 31, 2009 and 2008, and the results of their
operations and their cash flows for each of the years in the three-year period ended December 31, 2009, in
conformity with U.S, generally accepted accounting principles.

KPa LIP

Chicago, Ulines
March 31, 2010

Consolidated Statements of Condition

_ sd Betembser Fi
a 20s

iin theesaneds except share date
Assets
Cash and demand balances due from banks. . ,
Money market assets:

Interest-bearing deposits at banks (8.4 billion and $24.7 billioe hekl at Feder! Reserve:
Bank ot December 31, 2000 and 2008, respectively)

$ O46 § OTs IS

9231 Sal B01 21

Federal funds sold and securities purchased under agreement to resell : 174,975 132,084

Total cash and cash equivalents

Secumibes available-for-sale at fale value

Trading account assets ond devivative instruments —. , , .
Lang, net of oneamed income

Allowames for loun Joses . . . (680.782) C374 24h

Met lesa. fie ues en aweeds ane §22494.995 § TRIS
Lownsheld for sale a : 20.074 7O 544
Premises and eyuigement... 2. , . : ares 534516
Bank-owned msurance eae : 1a 1,304,315
Goodwill and other intangible assets... 5 cian bene eas B17 507 774444

Other assets 1.199, 166 1,152,589
BROTLGIT & 87306055
sd —SS

S10,3511,425 27255, 69
5,508,831 9,031 048
1,353,504 | AGT 9

23,175,717 2, 396, 38 |

Deposits in domestic offices — noninterest-bearing - $ OM 77
— interest-bearing (imeludes $7074 and $77.7 million
measured ot fair value at December 31, 2009 and 2004,
fesipectively).... : 7
Deposits in foreign offices — interest-bearing... .. , 1,622,410 920,255
_ Total deposits me SI0293,41 § F5445 ey
Federal funds purchased . , . . . et 236009 VaR
Securities sold under agreement bo repurchase... . : ies 2512400 5, TSB
Shoct-lenm borrowings .... 0... : TIT 00 JG ATG
SEMMT-Lenn SENdT MES... es : - Th
Accrued interest, taxes and odher expenses 2.22... i . 172.418 237,835
Accrued persion and post-retirement ‘ i i on ee en 38395 171933
Orilser livhilvtres a ere re ; teh 2A 63] 487
Long-tent notes — seniocfunsecured ee 259, S00) 216 500)
Long-term neles — senionsecured , 2574, 0000 23575 00M
Long-term notes — subordinated , , 22, 740 292,740

Total liabilities $2,699,450 § 63,184,098
Stoeckholder’s Exyuity
Common stock ($10 par value); authorized 40,000,000 shares: issued and outstanding

[7334502 and 17,149,512 shares at December 31, 2009 and December 31, 20MhE,

TESpeCtvely soe sit ea on vue veceaeee & DVRS 171,495
Surplus. : spe ref 2,322,917 2,172,020
Retained eamings : a : 1,621,719 1,734,472
Accumulated other compechensive lows... ... eile Re wide (97,784) ea eu
Sockhokder’s equity before nencemtralling interest — preferred atock of subsidiary , S4022197 § 381os
Noncentralling interest — preferred stock of subsidiary . 250M 250,000

Total stockholders equity B 4272197 5 4.021947

Tietal Fabilities and steckholider’s equity. . . BTL 627) 8 AT 06094

5 2H, 575

18,98 058 24374,054

The accompanying motes to consolidated financial statements are an integral part of these statements.

A copy of the Annual Report may be obtained from Ansbacher (Bahamas) Limited, 4th Floor, 308 East
Bay Street, Nassau, Bahamas.



up to form rap group

TWO Bahamian men have teamed up to form a rap group
with the aim of presenting a new vision of the future to young
Bahamians.

The Bahamas Boyz, who are also known as the ‘Hype Duo’,
said they have utilised music as an outlet for their creativity, as a
way to channel their energy into something positive.

The two men said they want to create a flavour of music that
reflects what it is to be “urban” in Nassau, not in New York or
on the streets in Kingston. This Bahamian double rap act is
comprised of MCs Flow (Ronald Roker) and HD (Omri Kelly).

Successful

Since their formation in 2006, the pair has produced a string
of locally successful songs starting with their first radio single
"Hold Me Close".

Their latest installment is the street anthem ''Get Dough",
featuring Bahamian rapper D-Bo.

Tonight, the Bahama Boyz will host a release party for the
music video of their song “Dreams.”

The video aims to give people a “true glimpse” of what life is
like for everyday Bahamians.

It combines humour with the serious issues that Bahamian
youth face, the group said.

The release party will be held at Club Roc on Carmichael
Road at 9pm.

Power restored to Grand Bahama
FROM page one

Major mechanical failures and operational challenges were
experienced at the power plant when four of seven generating
units went out of service earlier this week.

According to the power company, one of the generating units
was returned back into operation yesterday, restoring power to cus-
tomers on the island. “At the moment, customers have been tak-
en off the rotation plan and are asked to conserve energy to
reduce load demands,” the company said.

“Our employees have been working diligently into restoring
power and returning one of our generating units back into opera-
tion.”

On Thursday, company officials revealed that its largest steam
and diesel units and its largest combustion turbine were out of ser-
vice and not producing power. Its oldest steam unit also went off
line on Thursday because a major tube leak.

A rotation of power supply/outage was implemented throughout
the island, affecting businesses and leaving many residents without
electricity in their homes for up to four hours and much longer in
some areas. Paul Lockhart, director of transmission and distribu-
tion, explained that the island was divided into three major areas
for outage rotation to mitigate the loss of about 12.5 megawatts.

“We rotated outage in the three areas trying not to keep any area
out more than two hours. It was not always possible, but that was
our goal to try and keep the outage to a maximum of two hours per
area,” he said. CEO Alan Kelley said the company is working to
get the remaining units repaired and back online.

“It is my feeling that we need something additional on the
island,” he said. We are putting in probably about $7 million in cap-
ital in our generating plant this year.

“T think we had planned on putting $4.5 million into it, but we are
probably going to be spending $7 million as a result of some of the
failures we did not expect to see,” he said.

“Our largest steam unit is down for scheduled maintenance. It
wasn’t supposed to be scheduled at this time, it was scheduled to
be down earlier in the year, but a supplier for some major parts that
are being replaced went bankrupt and we had to find a new sup-
plier, delaying the beginning of the outage by about two months,”
he said.

The diesel unit, which was taken out of service about a month
ago with major component damage, is expected to be back in
operation by mid next week, said Mr Kelley.

“This has required sourcing large components, literally tens of
thousands of pounds of equipment from Europe. This was delayed
about a week by the volcano in Iceland. We are still waiting for
some parts to be shipped out of Germany this weekend.”

The company has brought in experts who have discovered a
design defect in the equipment. Mr Kelley said they are installing
a design fix to guard against future failure, but remains cautious
about repeating the same type of failure. Efforts are also under way
to repair the combustion turbine, which is in need of parts and has
been out of service for about a week.

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THE TRIBUNE

The following tables detail the Bank’s expected maturity for its non-derivative financial
assets. The tables below have been drawn up based on the undiscounted contractual
maturities of the financial assets including interest that will be carned on those assets except
where the Bank anticipates that the cash flow will occur in a different period.

Liquidity and interest risk tables

2009
Repayable
Lessthan 8daysto I monthto 3 months to 6 months to 1! year to
8 days I month 3months 6 months 1 year 5 years

US$000s US$000s US$000s US$000s US$000s US$000s

Assets
Cash and
short-term deposits
Time deposits with maturity
over 90 days - - - - 1,500 2,500
Loans 5,109 15,825 36,374 30,873 22,585 116,445
Interest receivable

$ 13,043 $ 3,965 $ 1,433 . $ 18,441

Total assets $ 19,923 $ 6,679

Repayable
Less than 8daysto | month to 3 months to6 months to 1 year to
8 days lmonth 3 months 6 months 1 year 5 years
US$000s US$000s US$000s US$000s US$000s US$000s

Assets
Cash and
short-term deposits $ $ 1,500 - $ 4,687
Time deposits with maturity
over 90 days : - 4,000 1,684 2,000 7,684
Loans 25,443 30,975 17,385 23,125 2,125 102,245
Interest receivable

Total assets $ 25,443 $ 32,475

The following tables detail the Bank’s remaining contractual maturity for its non-derivative
financial liabilities. The tables have been drawn up based on the undiscounted cash flows of
financial liabilities based on the earliest date on which the Bank can be required to pay.

2009
Repayable
Lessthan 8daysto | month to 3 months to 6 months to |! year to
8 days tmonth 3months 6 months 1 year 5 years
US$000s US$000s USS$000s US$000s US$000s US$000s US$000s

Liabilities
Customer deposits $17,355 $ 18,532 $ 35,844 $§ 28,750 $ 22,541 $ 3,660 $126,682
Interest payable

Total liabilities

Net exposure

Repayable
8 days to 1 month to 3 months to 6 months to
lmonth 3months 6 months 1 year
US$000s US$000s US$000s USS000s US$000s US$000s

Liabilities
Customer deposits
Interest payable

$ 29,125 18,875 $ 25,100 $ 3,612 $104,130

Total liabilities $_ 29,125 18,875

523,875 $104,874
$1568 $5,850 $ (1,490

$_(1.487) $10,893

Net exposure

Fair value of financial instruments

The directors consider that the carrying amounts of financial assets and financial liabilities
recorded at amortized cost in the financial statements approximate their fair value due to their
relatively short-term nature.

Deloitte.

INDEPENDENT AUDITORS’ REPORT

To he Board of Directors and Skarchalders af
Cera Crock Aamk 1 mane!

We hone audived the siaicement of financial postin of Con! Crodat Mank Limited (ste “Thank” } as ot
lecienker 3, FOr This daterecnt of Citetaial pesiiaon is the respemsibiliiy ef dhe Pankâ„¢s
Hittiioeee. Our responsibility is to express am opinion on this statement of linanchal postion

baeed on our wadii

We ooduced aur aikin in accordance sith Imeramionnl Sinmdarts on Audiiing. Whose Standards
equire tha we plan and pecfores the wedi io chiam reasorabk assure aboat whether the
drbermeer of Cimcrma ial parai 6 Gree of ercrterial otissiatcren, Aun seal) iechelies Gaamiming, 08 a
bes! basik, evidence: supponing the maine cod disckeures iin the simemem of financial pinition
An gudit wo includes meesing tee account i PT Inc IPRS Ge add Seen Lslinaies rreacke bey
7 ememi, as veil as cvalie the overall preseniaiion af the statement of finunial postion
We belie tat cur ad pei 9 eeoeonble hashes for cur oeinion
In our opimeon, thy siaemant of financial (SR Pes fair hin all manenal respect ihe
finantial potion af Ihe Hank ae al December 71, D004, in secondaire mith betemaleenal Fanci
KReponing Stondards

Without qualifvisig ome opinion, we cifepliasioc thal the: slatement of Peeecial postion docs
Comprise 2 OoOmplene Scio Tamil siemens m@ aocondaence wih Inpemaonal Financial Reporting

Standards, Infornalion on neulis of aperations, cash Qhews ond changes in equity

i cS lo

ie a compkic uulerinding A the finarcial polio, periormance and changes in the framcial
msition oF the Hank.

: oe
Dlpelfe ra F pace oF

April gu, JUS



To advertise ALE your

LEGAL
NOTICES,

HT
The Tribune’s
Sales Department

VIR L|



FROM page one

to no water, angry customers
flooded the utility company's
complaints centre and contact-
ed their members of Parliament
demanding answers for the lack
of service.

Many contacted The Tri-
bune, to voice their frustration.

"For two days I could not
shower or brush my teeth at
home and had to resort to using
my drinking water to bathe. I
feel dirty, my house is dirty, my
dog is dirty — I can't wait until
they get this problem fixed,"
complained Stanley Rolle, 28,
of Prince Charles Drive.

"It's been irritating because
you can't even bathe, you can't
even flush the toilet because
there is no water. It's just been
a great inconvenience,” added
Kayla Sturrup, 26, of Sea
Breeze. “It’s annoying that the
water company cannot
announce what is happening on
the TV or radio. Two days
without water is disgraceful,”
said another angry caller, who
wished to remain annoymous.

Robert Deal, assistant gen-
eral manager, apologised on
behalf of WSC.

He promised crews were
"working diligently" to reme-
dy the problem.

FROM page one

ly 70s. “She has represented us
well. She has travelled exten-
sively throughout the Bahamas
promoting the mission and ide-
al of the Red Cross movement.
She has traveled across the
globe for the Red Cross and
has been a great ambassador
for us,” said Caroline Turn-
quest, Bahamas Red Cross
director general.

For more than 37 years, Ms
Glinton served the Bahamas
Red Cross.

She witnessed, and in many
cases led, its transformation
from a small group of volun-
teers and a small office in Nas-

SATURDAY, MAY 8, 2010, PAGE 11

LOCAL NEWS

Water supply

"We fielded quite a bit of
complaints from our call cen-
tre on Thursday night. We
realise it's a very serious prob-
lem for our customers and we
are trying our best,” he told The
Tribune at the site of the leak-
ing water main.

The broken pipe, located
underground at the junction of
2nd Street and Robinson Road,
provides water to clusters of
residents in the Robinson Road
area, heading east to Fox Hill
Road, Prince Charles Drive and
services a water tank in Win-
ton Estates. WSC personnel
were alerted to the leak on
Thursday afternoon when pud-
dles of water surfaced in front
of a nearby shopping centre.
When The Tribune arrived on
site around 2pm yesterday, a
crew was working to repair the
leak which had produced minor
flooding.

Leslie Hutchinson, senior
engineer in project manage-
ment, said the process got off to
a slow start to mitigate damage
to the nearby utility cables.

"We had a crew that came
out and excavated the area.
This is an area that has a very
high water table so the excava-

Marina Glinton

sau to the organisation it is
today, with group leaders or
offices spread across the
Bahamas. “She was there for
anyone needing assistance or
advice,” Ms Turnquest of the
woman she called her “person-
al mentor”.

Ms Gliton was honoured by
the Red Cross at their 2008 ball.

At the time she described the
highlight of her career as an
occasion in January 1995, when
she gave the keynote speech at
the 15th InterAmerican Con-
ference held in Caracas,
Venezuela. There were 570 del-



tion had to be very slow, very
deliberate so as not to damage
the existing pipe and the other
utilities. We discovered there
was a leak on a special fitting, a
joint between some polyethyl-
ene pipe and some older metal
pipes."

Officials hoped to have the
leak plugged by yesterday after-
noon and estimated that water
levels to the affected areas
would be restored late last night
or early this morning.

Mr Hutchinson said: "We're
going to fix the leak. We are
going to let the water flow
again but we need time to fill
those tank levels. There will be
an inordinate demand based on
the fact that the water has been
off for quite some time, it's
going to take some time to
build (reserves). That may take
a bit longer depending on
demand. It could be six to eight
hours before we get the pres-
sure fully restored in those
areas. As soon as we get this
leak fixed, the restorative
efforts will begin."

Dubbed a "problem area"
for the utility company, Mr
Hutchinson said the water main
is one of several pipes slated
for upgrades during the New
Providence Road Improvement
Project.

egates and 75 observers from
40 national societies.

As a child heralding from
Calabash Bay, Andros, Ms
Glinton said she knew she had
made it. During a video trib-
ute, Dame Marguerite Pindling,
Lady Edith Turnquest and
Lady Ingrid Darling all spoke
of Mrs Glinton’s unwavering
dedication, tireless service and
kind heart. In late September
last year, the Government of
the Bahamas honoured Glin-
ton for her efforts in social out-
reach at Government House.
She received the Most Excel-
lent Order of The British
Empire (MBE) during the
Queen’s Honours List of 2008.



MUTIES COM,
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anf tf j

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Opn. =
‘THE BAH ABE

EMPLOYMENT OPPORTUNITY
SECURITIES COMMISSION OF THE BAHAMAS

The Securities Commission of The Bahamas, a statutory agency responsible for the
oversight, supervision and regulation of the Investment Funds, Securities and Capital
Markets in or from The Bahamas, as well as the supervision of Financial and Corporate
Service Providers, invites applications from qualified Bahamians for the following

position:

Senior Officer: Policy and Research Department

Responsibilities:

Development of policies, guidelines and other regulatory tools through monitoring,
research and report development

Understanding the role and keeping abreast of developments in the global
financial regulation arena, in particular, regulatory developments related to the
securities and capital markets

Ongoing monitoring of current market activity

Interpretation of financial reports and investment data through the conduct of
research, collection of data, performance of statistical analysis, the production of
highly developed reports or detailed studies and oral briefings to department
members and management on the outcomes of their work

Completing surveys on the activities of the securities and capital markets, its
operations and regulation

Qualifications and Experience:

A Bachelor’s degree in Finance, Accounting, or Economics is essential, but a

Master's is preferred

Post-undergraduate study and/or training is highly desired, e.g.: Level | of the
CFA exam or graduate level courses in financial risk management

5 years minimum experience in a financial institution or policy development
environment or 3 years experience with a Master's degree in a noted field.

Competencies:

* A good balance between quantitative and written communication skills must be
demonstrated, in addition to the following:

* Well developed analytical thinking and problem solving skills

* Advanced research skills required to perform the duties described above
* Aconsistent, high degree of accuracy that leads to the composition of clear, concise

reports and analysis

* Strong quantitative skills that can be applied to assessing financial risk and
developing risk management policies

* Strong written and oral communication skills

* Excellent interpersonal skills

* Strong familiarity with databases (essential)

* Knowledge of securities legislation and the general financial sector legislative

framework is an asset.

* Strong organizational skills

* Proficiency in Microsoft Office products (Word, Advanced Excel, Access, etc.)

A competitive salary and benefits are being offered. To apply, please provide a resume

to the attention of:

MANAGER CORPORATE AFFAIRS
SECURITIES COMMISSION OF THE BAHAMAS

P. O. BOX N-8347
NASSAU, BAHAMAS
Fax: 356-7530
E-Mail: info@scb.gov.bs

Applications should be submitted no later than May 14, 2010

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





Deal Shockers
95-83 in best-
of-seven series

By BRENT STUBBS
Senior Sports Reporter
bstubbs@tribunemedia.net



OH how sweet it is to be called
champions again.

After losing the title to the Elec-
tro Telecom Cybots last year, the
Giants bounced back and regained
their rightful place at the top of
the New Providence Basketball
Association by winning another
men’s championship crown.

They did it with a 95-83 victory
on Wednesday night at the Kendal
Isaacs Gymnasium to wrap up a
4-1 decision over the Real Deal
Shockers in the best-of-seven
series.

“It’s a gratifying feeling to be
back on top again as any team or
any coach would feel,” said Com-
monwealth Bank’s coach Perry
Thompson after they hoisted the
team trophy.

“Tt was a long gruelling season.
But having to deal with a 12-man
roster, it’s difficult to give every-
body ample playing time. But ’m
happy and fulfilled that some peo-
ple gave their support in different
areas that we expected them too.”

Prior to losing the title to the
Cybots last year, the Giants and
the Shockers traded spots as the

SATURDAY, MAY 8,

2010







THE Commonwealth Bank Giants, coached by Perry Thompson (left), pose above after winning the NPBA men’s title at the Kendal Isaacs Gymnasium on

Wednesday night.

NPBA’s best team. Back after a
few years hiatus, the Shockers
turned out to be worthy opponents
for the Giants again.

“This one was sweet because we

had a point to prove,” Thompson
said. “Last year, we wasn’t at full
strength because Mark (Hanna)
was travelling, Furly (Michael Bain
Jr) was off the island and Log



(Adrian Miller) was suspended for
a game and Creto (Knowles) was
suspended for a game.

“We were really short handed,
but we did very well under the cir-

cumstances. So we took it person-
al this year. We wanted to come
back and regain our title. Hats off

SEE page 14



GYMNASTICS

Ferguson pitches no-hitter to help rout Palm Bay Covenant Christian

BAHAMIAN and Trinity Chris-
tian's number four pitcher, sopho-
more Byron Ferguson, pitched a no-
hitter as the Warriors routed Palm
Bay Covenant Christian 10-0 in five
innings in their regional quarterfinal
Tuesday.

Ferguson (3-0) also went 3-for-3 at
the plate, including a triple in his first
at-bat and scored the Warriors’ first
run in the second inning.

“T think it’s really good for him
that he pitched a regional game and
pitched very well,” Trinity Christian
coach Miguel Cuello said.

The Warriors’ offence started out
slowly with just the one run in the
first three innings, but in the fourth

I GOT a call the other from
Maxine Darville, offering her
condolences to the family of the
late Wendell ‘Big O’ Ferguson.

It was so refreshing to hear
from Darville, who at one time
was the most dominant female
bodybuilder in the country.

During her reign, Darville

noted that she was one of those
who benefited from Ferguson as
he motivated and encouraged
many people training in the
sym.
Last week Sunday, Inger
Johnson, who headed the com-
mittee called “Friends of Big O”
called to inform me that Fergu-
son had passed away early that
morning.

The 54-year-old former track
and field coach and personal
trainer was going through a bat-
tle with sarcoma cancer. He nev-
er recovered from _ the
chemotherapy treatment that he
was undergoing.

Like Darville, Ferguson
impacted so many people’s lives,

inning, Trinity Christian (20-3) sent 14
batters to the plate and scored nine
runs to put the mercy rule into effect.

“Sometimes when we don’t know
who it is that we're facing, we take an
inning or two to get going,” Cuello
said. “But I knew we would have a
big inning like we did.”

Covenant’s Ryne Ferguson
reached base on an error, stole sec-
ond, and advanced to third on a balk,
but two pickoffs and a strikeout end-
ed the inning and the only real scoring
threat of the game.

Trinity Christian’s Tim Leow was
1-for-1 with two walks, two stolen
bases and an RBI. The Warriors stole
four bases in the game.

whether it was at the Thomas
A. Robinson Track and Field
Stadium or in one of the many
gyms when he frequented.

A memory Service is tenta-
tively being planned for Loyola
Hall on Thursday night. His
funeral service is scheduled for
next Saturday. The time and
venue has not yet been con-
firmed.

Darville, a personal fitness
trainer herself, was just one of
the many people who called The
Tribune to express their sympa-
thy to Ferguson’s family.

But for someone who has
been to the top of her sport,
winning the Central American
and Caribbean Bodybuilding
Championships’ heavyweight
title, is noteworthy.

Ferguson has certainly
touched the lives of so many
people from the novice or begin-
ning level to the elite status in
the country. We will surely miss
his robust body and blosterious
voice that has inspired us all to

Share your news

The Tribune wants to hear
from people who are making
news in their
neighbourhoods. Perhaps

you are raising funds for a
good cause, campaigning for
improvements in the area ¢
have won an award.

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



Adaric Kelly, the team’s best pitch-
er and shortstop, was the designated
hitter as he is still nursing an ankle
injury from two weeks ago. Cuello
does not expect him to pitch in Fri-
day’s regional semifinal.

Ferguson Jr. is a product of the
Junior Baseball League of Nassau.
He is the son of Byron Ferguson Sr.,
the coach of the Mariners in the 11-12
division, who will be playing in the
upcoming National Baseball Tour-
nament, which is schedule for Grand
Bahama over the weekend of June
4-6.

The JBLN extended its congratu-
lations to both of the Ferguson on
the accomplishment.

do our best.
May his soul rest in peace.

BOXING DILEMMA

Just when he it seemed as if
First Class Promotions was get-
ting back on its feet, they have
ran into another snag with the
Bahamas Boxing Commission.

On Tuesday night, Bahamas
Boxing Commission chairman
Pat ‘the Centreville Assassin’
Strachan said they agreed to
withdraw their sanction of the
proposed welterweight title fight
between Hensley ‘the Bruiser’
Strachan and Anthony ‘Psycho’
Woods.

The commission questioned
the career records of the two
fighters sent in by the represen-
tative of First Class Promotion,
Michelle Minus.

It was pointed that while First
Class has sent in winning
records for the two fighters,
BoxRec.com has produced los-
ing records and as a result, they
have withdrawn their sanctions.

It’s a pity that the Commis-
sion and First Class have not
been able to iron out their dif-
ferences, considering the fact
that Michelle and Ray Minus Jr.
are promoting their first show
since 2008.

The Commission had sus-
pended Minus and First Class
for some irregulations sur-
rounding some previous shows,
but Minus said they are excited
about the opportunity to get
back in the ring.

Jermaine ‘Choo Choo’ Mack-
ey, the top fighter in their sta-





2 CORRECTION

¢ THE Tribune Sports Department

wish to offer an apology on a story
: printed on Friday, which referred to
: Savannah Brady as the youngest
: Bahamian to win an all-around gym-
i nastics award.

In clearing up any misconception,

: the Gymnastics Parent Booster Club
: have noted that Leah Rodgers cap-
: tured gold at Leprechaun Classic when
: she placed 11th overall.

The club also pointed out that in

: 2007, Toni Johnson competed at the Jr
: Orange Bowl Invitational Level 5
? when she won the All Around title at
: the age of eight years.

It was also noted that Johnson was

: younger Brady, who competed for

: Nassau Nastics against one other

STUBBS




| tf ipo
| i , ot

OPINION

: school over the weekend. But when

Remembering Wendell "Big O° Ferguson:

? error.

Johnson competed, it was against six
other schools.
The Tribune apologised for the

GYMNASTICS
_ MOTIVATIONAL
| SEMINAR

¢ THE Bahamas Gymnastics Par-

: ent Booster Club will hold a motiva-
: tional seminar today at 5 p.m. in the
: Conference Room of the Bahamas
: Financial Services Board at the Goods-
: man Bay Corporate Centre.

Track and field retired Golden Girls

: Pauline Davis-Thompson and Eldece
: Clarke-Lewis will be the presenters.

| BASEBALL
NATIONAL
, CHAMPIONSHIPS

¢ THE Bahamas Baseball Federa-

: tion is in full preparation mod for the
i: upcoming "8th Annual Andre
: Rodgers National Baseball Champi-
: onships.

The Federation witnessed a mile-

: stone when 45 young Bahamians
: entered high schools and colleges in
: the US to further their education and
: represent their respective schools on
: the baseball diamond.

After their first seasons on the base-

: ball diamond, some of these young

ble, I expected to headline the }
show being dubbed: “In Your :
Face, Ready to Rumble.” i

But it’s certainly a slap in the :
face for the sport when the com-
mission is still holding a grudge :
against the promotional group, :
not allowing them to fully oper- :
ate with all of their top com-
petitors.

Let’s hope that for the sake :
of the sport and the many fans :
who patronize the sport that the :
two bodies will eventually work :
out their differences.

men are having or had outstanding
baseball seasons.

The BBF will be giving out four out-
standing players awards at the opening

? ceremonies NBC on Friday June 4th at
: 7:30pm at the Grand Bahama Senior
: Baseball Park.

All these young men are in con-

: tention to win one of these prestigious
: awards for 2010:
: ¢ Most outstanding high school player.

* Most outstanding high school pitcher.
« Most outstanding college player.

¢ Most outstanding college pitcher.
The BBF wishes to congratulate

: these players on an outstanding high

: school baseball season.

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







PAGE 14, SATURDAY, MAY 8, 2010

SPORTS

TRIBUNE SPORTS



When in Rome, Jankovic

beats both Williams sisters

TENNIS
ROME
Associated Press

JELENA Jankovic beat
tennis’ famous sisters on con-
secutive days and reached the
Italian Open final with a 4-6,
6-3, 7-6 (5) victory Friday over
Serena Williams. The top-
ranked Williams squandered a
match point and acknowl-
edged having an “an apple in
my throat."

Jankovic, ranked No. 7, will
play for the title Saturday
against Spain's Maria Jose
Martinez Sanchez, who
defeated Serbia's Ana
Ivanovic 6-4, 6-2. Jankovic
won this tournament in 2007
and 2008.

Williams, who won in
Rome in 2002, was playing in
her first tournament since a
three-month layoff because of
a knee injury. She had been
sidelined since winning the
Australian Open in January.

"Tcan't beat myself up over
it,” she said. "I just came
back."

Williams said she simply
wasn't playing the points right.

"T feel like I should have
won, could have won," she
said. "I think I had an apple in
my throat, but it is what it is.”

Jankovic routed Venus
Williams 6-0, 6-1 in the quar-
terfinals Thursday. She is the
seventh player to beat the sis-
ters in the same tournament,
joining Aranxta Sanchez Vic-
ario, Steffi Graf, Martina
Hingis, Kim Clijsters, Lindsay
Davenport and Justine Henin.
Clijsters has done it twice.

"To beat both Williams sis-
ters in two days is really amaz-
ing,” Jankovic said. "I'm real-
ly proud of myself. It doesn't
happy too often."

Serena served for the match
twice in the third set and was
broken both times. She hit a
backhand long on match point
at 5-4. Williams took a 5-2

lead in the tiebreaker, but hit
areturn long and missed four
consecutive shots to send
Jankovic into her second final
of the year.

With Williams up 5-3,
Jankovic served an ace but
Williams had her hand up and
the chair umpire ruled that
the American had called time
and Jankovic had to serve
again. That drew an argument
from the Serb and whistles
from the crowd in the Foro
Italico's new 10,500-seat sta-
dium, which was about only
half full.

Jankovic thought her ace
should have counted in the
tiebreaker.

"For me, when the server
comes to the line the receiver
had to be ready. That's the
rule, right?" Jankovic said. "I
just had to regroup and refo-
cus. I didn't want to waste my
energy — and that’s what I
basically did. Overall, it was
good for me to be able to stay
strong mentally.”

Ivanovic, whose ranking
has slipped to No. 58, strug-
gled against Martinez
Sanchez's serve-and-volley
game. The 26th-ranked
Spaniard also used an effec-
tive drop shot.

Jankovic and Williams had
a tough time finding their
rhythm at the start, with
Williams the first to hold serve
to go up 3-2. Williams then
stepped up her attack, trying
to keep the points short with
approach shots to the corners
to set up easy putaways.

Williams won the first set
with a big forehand return of
serve that Jankovic shanked
way off court. Williams, how-
ever, began to struggle on the
longer points and Jankovic
broke at love to go up 4-3 in
the second set when Williams
committed unforced errors in
succession. Williams double-
faulted to concede the sec-
ond set.





Gregorio Borgia/AP Photo

SERBIA'S Jelena Jankovic returns the ball during her semi final tennis match against U.S. Serena
Williams at the Italian Open tennis tournament in Rome, Friday, May 7, 2010. Jankovic won 4 - 6,

6-3,7-6.

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MICHAEL Bain Jr. (second left) was named the MVP after the Com-
monwealth Bank Giants won the NPBA men’s championship crown.
At left is coach Perry Thompson. Next to Bain is statistician Ralph
McKinney and Bain’s father Michael Bain Sr.

FROM page 13

to the team and our long-time sponsors, Commonwealth Bank.”

With all of their key players in place, the Giants had a
tremendous run during the regular season, going undefeated
before they suffered their first loss against the Police Crimestop-
pers in their first round playoffs.

After knocking off the Crimestoppers 3-1 in their best-of-five
series, the Giants dropped another game to the Shockers. But
once again, they were able to rebound for the series and cham-
pionship win.

“T think it was a great overall team performance, winning the
championship and bringing the trophy back home,” Bain Jr.
pointed out.

Bain Jr, who followed in the footsteps of his father, Michael
Bain Sr., was named the most valuable player after he posted
a game high 27 points to lead the winners.

“Tt was a great accomplishment for me, but I couldn’t do it
without my team,” said Bain Jr. about his MVP feat. “They
found the open looks for me and when they rebounded, I
mostly hit the fast break.

“Tt was a great team effort, but I accept the MVP award
and I acknowledge it, but it was a great team effort.”

He was assisted by Hanna with 19, Jeremy Hutchinson had
14 points with 15 rebounds and Gamaliel Rose added 11 points.

For the Shockers, Emeka Watson had 12, Carvin Cummings
11 and Sidney Hillary and Kevin Coakley both netted 10.

Now they are heading to Abaco next weekend for the
Bahamas Basketball Federation’s National Round Robin Tour-
nament and Thompson said the goal is to do the same thing that
they did in the NPBA.

“The journey hasn’t ended for us. The Nationals is something
that we always take serious,” Thompson stressed. “We don’t go
down there to party and have fun.

“We go down there to win it all. We still have one leg of the
journey to complete our mission. So we’re going to Abaco to
complete that mission. Then we will party after that.”

Hold the party, Bain Jr. said.

“Our goal is to win the title first,” he proclaimed. “The last
time we went to the nationals we won it and that’s our goal
again. We want to go over there and win it again and bring the
trophy back to New Providence.”

They will have to do it against the championship teams from
Abaco, Eleuthera, Grand Bahama and Exuma.

SPORTS

INBRIEF

“Montreal to join
‘MLS in 2012
as 19th team

' SOCCER
: NEW YORK
Associated Press



MONTREAL will join

: Major League Soccer as its
: 19th team in 2012, and
: commissioner Don Garber
: hopes to add a second New
: York club as early as 2013.

Montreal was announced

: at a news conference Fri-
: day and will be owned by
: the Saputo family, which
: runs the Montreal Impact
: of the U.S. Soccer Federa-
: tion D-2 Pro League. It will
: play primarily in Saputo
: Stadium, which opened two
: years ago and is to undergo
? about $22 million in reno-
: vations. Its capacity will
: increase from 13,000 to
: 20,000.

Some games will be in

: Olympic Stadium, the
: home of the Montreal
: Expos from 1977-04.
: Olympic Stadium, which
? holds more than 50,000, will
: host an exhibition between
: the Impact and AC Milan
? on June 2.

"Tt opens up a whole new

: market in French-speaking
? Canada, which is important
: as We position ourselves as
: a global sports league,”
: Garber told The Associated
: Press in a telephone inter-
: view. "There is a whole sec-
: ondary market here in
: Canada, particularly in
: Quebec, represented by the
: French-speaking popula-
: tion. That gives us business
: and corporate opportuni-
: ties. It gives us media
: Opportunities, because
: there's French language
: radio and television both
: here and nationally.”

MLS currently has 16

: teams. Portland, Ore., and
: Vancouver, British Colum-
: bia, were announced in
: March 2009 as expansion
: teams for 2011. Toronto FC
: started play in 2007.

Impact chairman Joey

: Saputo hopes the team will
: be able to keep its name,
? logo and blue color in MLS.

"T think the rivalry

: between Montreal and
: Toronto will be absolutely
: fantastic,” he said. "We see
: it in all the other sports,
: whether it be hockey or
: football. And even from a
: business standpoint, there's
: always this rivalry between
: Montreal and Toronto."

Canada has not qualified

: for the World Cup since
: 1986, just after the demise
: of the North American Soc-
: cer League, which had
; teams in Montreal, Toron-
? to, Vancouver and Edmon-
: ton. Saputo hopes the
: spread of MLS to Canada
: will boost the nation's soc-
: cer fortunes.

"If we could help the

: Canadian national team
: achieve the opportunity to
: play at the World Cup
: Stage, it's part of who we
i are, it's part of what we
: plan to do," he said.

Now Garber will turn his

: attention to New York.
: Across the Hudson River,
; the Red Bulls moved into a
: $200 million stadium this
: year in Harrison, NJ.

"Our attention is very

: focused on a 20th team as
i we speak. We'd like that
: team to be in New York
:; City representing a second
; team in the tri-state area,"
: Garber said. "The Red
: Bulls are very supportive
: of that and believe that
: rivalry will help grow the
: popularity of the sport in
: the New York metropoli-
; tan area. So we're going to
: work hard and try to get
: something done perhaps as
: early as 2013."

Garber has held talks

: with the Wilpons, who own
: the New York Mets. Those
:; talks may resume.

"Our discussions, which

: were fairly active with the
: Mets, clearly got put aside
: with the energy that they
: were putting into the
launch of Citi Field," Gar-
: ber said. "We haven't had
: discussions with the
: Wilpons in over a year and
i we'll hopefully reopen
: those discussions.

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



THE TRIBUNE

SATURDAY, MAY 8, 2010, PAGE 15



Land owner to be i 7

asked to give up title

FROM page one

aborted” due to the law fir-
m’s “negligent breach of
escrow conditions.” As a
result it was incorrectly
recorded at the Registry that
the transaction was closed.
The deposit on the land trans-
action was also returned to
the purchaser, said a repre-
sentative of the Lockhart
estate.

“Tt (the Registry recording)
was done in error. The error
is a regrettable mistake and
it is being corrected,” said
Glenys Hanna Martin, attor-
ney and PLP Member of Par-
liament for Englerston. In a
letter to Callender & Co, the
Lockhart estate’s new attor-
neys, Mrs Hanna Martin
wrote that “it appears that the
Bannister deed was recorded
in error by our clerk. It would
therefore be our responsibili-
ty to have that matter cor-
rected.”

However, if the new title
owner is now uncooperative
in transferring the title, T7ri-
bune sources say, the family
will have to seek the assis-
tance of the courts. “The title
has officially passed. You
can't do a deed by an agree-
ment. You can't cancel a
deed. An affidavit cannot
undo a deed. The registrar
general cannot unrecord it.
Once that is on the microfilm
that is it, the registrar general
is powerless,” said an attor-
ney, speaking on condition of
anonymity.

Because of the continuing
land dispute, the family has
already accumulated more
than $150,000 in legal fees.

They are now trying to
resolve the outstanding issues
amicably, without resorting to
the courts. But family mem-
bers say this has proven to be
difficult, leaving them in a
seemingly no-win position.
“There has been no
progress. The position of the
Hannas hasn’t changed.
There was some hope that
after the (former) Governor
General AD Hanna demitted
(office) he would have time
to devote to it, but nothing
has moved. There has been
no tangible response,” said
representatives of the family.
Ten years ago, the execu-
tors of the Lockhart estate
engaged ADH to handle the
sale of four lots in the South-
Western Estates Subdivision.
The cash-strapped family
intended to subdivide and sell
five acres of land owned by
the estate, but they first need-
ed subdivision approval. The
family sold four lots, which
represented a small portion
of the five acres, to raise mon-
ey to pay for the installation
of utilities on the remaining
acreage to qualify for subdi-
vision approval. In fact on
August 1, 2000 the Hanna law
firm was notified that the
Minister of Works had grant-
ed permission for the land
sale on condition that the
required funds were sent to
the utilities corporations for
the installation of the utilities.
Although Mr Hanna was
the original attorney handling
the conveyance of the four
lots for the Lockharts, respon-
sibility for the matter was
turned over to the firm after
his appointment as governor

general. By 2008 the case was
inherited by his daughter,
Glenys Hanna Martin, who is
a current partner in the firm.

Now 10 years later, several
matters surrounding the con-
veyances are still unresolved.
In addition to the “inadver-
tent” transfer of title for the
lot in which the sale was
aborted, the family is also
seeking to ascertain the sta-
tus of $70,000, which was col-
lected for the sale of three lots
from as early as 2006. They
say it was held by ADH to
pay the utility corporations.

Mrs Hanna Martin was
named in a complaint sub-
mitted by one of the estate
beneficiaries to the Bahamas
Bar Council in 2009. “I think
it got confused when GG
went to Government House
and Glenys took over the
management of the firm,”
said Mrs Wallis Carey, one of
the beneficiaries of the Lock-
hart estate. “They shielded
the GG. Our family tried to
meet with him. My sister
came from Orlando. When
she got here she couldn't con-
nect with him. (Our attorney)
tried to get a meeting with the
GG,” she said. She said that
the remaining property —
about nine lots — is valued
at about $800,000. It is cru-
cial, she said, that the infra-
structure be installed so that
the subdivision can be sold to
raise the money to pay their
legal fees and take care of
other family business. To
install the utilities they need
the money, being held by the
law firm from the first sale,
to be released.

Drive-by shooting

FROM page one

Although his identity was not released by
police yesterday, The Tribune understands the
victim is 20-year-old Enrico Miller.

Police said the shooter, or shooters, sped away
in a dark blue or black Nissan Sentra.

A police officer, who did not want to be
named, told The Tribune last night: “He was just
walking along the street and a car pulled up
beside him and opened fire on him.”

The officer speculated that gang activity could

be behind the shooting.

"We're still trying to determine a motive, but
it could be some gang-related issue,” the officer

EMOTIONAL scenes after the shooting.



added. According to a shocked resident at the
scene, it was a stroke of luck that children in the
area were not hit by stray bullets.

"This the day when children is be playing in the
streets and thing. It's by the grace of God no
one else was hit,"
want to be identified.

Police investigations continue.

said the resident, who did not

T’m sorry for my son’s crimes’

FROM page one

health reasons, Mr Knowles
said he wished to apologise to
Justice Isaacs for his son’s
“alleged escape from lawful
custody” and to any victims of
“crimes suffered at the hands
of my son.”

“T am so sorry for whatever
crimes my son committed,” Mr
Knowles said.

Nonetheless, he suggested
that the fact that his son had a
significant criminal rap sheet
should not be allowed to
shroud the circumstances that
led to him meeting his death.

Recalling the last time he
spoke with his son, Mr Knowles
said that “Ricky” called him on

the morning of his escape, and
after hearing what his son had
to say during the phone call he
“immediately” told him to sur-
render to police.

“T also told my son to lie on
the ground, don’t move (and)
ask people in the neighbour-
hood to stay with him until the
police arrived so that he would
not be killed and that witnesses
would see the police take him
into custody alive.”

The father said that eye wit-
nesses told him his son was shot
despite “surrendering” to police
on the scene.

“T’m not condoning my son
for nothing, I know that he did
wrong, but if somebody says ‘I
give in’, that’s it, you can’t shoot

them, and then kick them over
and shoot them again. I think
that’s horrible. That’s wrong,”
he said. He attributed his young
son’s criminal record to “bad
decisions, bad company and
just getting caught up in the
wrong situations.”

“It’s not like nobody talked
to him, tried to instil different
things in him, it isn’t like he
didn’t have nothing, but it was
just peer pressure,” said Mr
Knowles. Two police officers,
Corporal Jay Sargeant and
Constable Harold Sand,
appeared in court yesterday
charged with negligently per-
mitting the escape of a prisoner,
and permitting the escape of a
prisoner respectively.

Officers charged over jail breakout

FROM page one

ter's Cay dock.

The pair were accused of accosting a couple at
gunpoint in September 2008. On Thursday, a jury
acquitted Bastian of all charges stemming from the

alleged incident.

Sands and Sergeant were granted $5,000 bail yes-
terday with one surety. Their case has been adjourned

to May 17.

Attorney Francis criticised police for bringing the
two men to court in handcuffs. He said there needs to
be a “level of consistency” when dealing with police

officers who are appearing before the courts.
Yesterday, Assistant Commissioner of Police
Hulan Hanna said Sands had been dismissed

from the Royal Bahamas Police Force. Sergeant
has been referred to a police tribunal.
Meanwhile, Renardo Bastian, 20, was

arraigned before Chief Magistrate Roger Gomez

in Court One, Bank Lane, yesterday charged
with escape. Bastian, who is being represented by

attorney Willie Moss, pleaded not guilty.

The prosecutor, Inspector Clifford Daxon, object-
ed to bail, citing that he has other serious offences
pending before the courts. The case was adjourned to
































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SUNSHINE
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Volume: 106 No.139



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USA TODAY.

BAHAMAS EDITION

www.tribune242.com

SATURDAY, MAY 8, 2010

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FALLOUT ®





Man, 20, murdered





TRAGIC SCENE: The drive-by shooting victim lies on the road.

By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net



POLICE are hunting the drive-by shooters who brutally mur-
dered a man in broad daylight yesterday evening.

The victim was walking along London Avenue, in the
Carmichael Road area, a little after 6m when a dark coloured car
pulled up next to him and opened fire.

According to a source close to the police investigation, the vic-
tim was shot twice at close range, in the back and head. He died at
the scene.

SEE page 15

Land owner to be
asked to give up title

NOELLE NICOLLS
Tribune Staff Reporter
nnicolls@tribunemedia.net



LEGAL representatives of the Eugene Lockhart estate plan
to appeal to the goodwill of the property owner who, through
an error, acquired title to a portion of the estate’s land on an
aborted sale, according to Tribune sources.

The title, it was claimed, was transferred to the purchaser due
to the “inadvertent lodging for recording of a conveyance to one
Serelistene Bannister in respect of a transaction which was

SEE page 15

BAHAMAS BIGGEST 4

Drive-by killers
in street terror



i
= An

]
‘aim il

Tim Clark e staff



CHARGED: Constable Harold Sands

By NATARIO McKENZIE
Tribune Staff Reporter
nmckenzie@tribunemedia.net



TWO police officers charged with allow-
ing a prisoner to escape from the Central
Police Station on Tuesday appeared in
court yesterday.

Corporal Jay Sergeant, 44, of Sandilands
Village Road, and Constable Harold Sands,
41, of Windward Road, were arraigned






Crews work
fo restore
water supply

By TANEKA
THOMPSON

Tribune Staff Reporter
tthompson@tribunemedia.net



THE Water and Sewage
Corporation hoped to
restore supply to "frus-
trated” residents of east-
ern New Providence by
last night as crews worked
to repair a leaking water
main on Robinson Road.

After two days of little

SEE page 11









Tim Clarke/Tribune staff

oY
wail

before Chief Magistrate Roger Gomez in
Court One, Bank Lane yesterday. It is
alleged that Sands permitted the escape of
Renardo Bastian on May 4.

Sands, who is being represented by attor-
ney Davard Francis, pleaded not guilty to
the charge.

It is also alleged that Sergeant, who is
being represented by attorney Romona
Farquharson, negligently permitted Bas-
tian’s escape. He pleaded not guilty.



CHARGED: Corporal Jay Sergeant



Bastian, 20 and Ricardo Knowles, 22, report-
edly made their escape from Central Police
Station during a bathroom break around 3am
on Tuesday. Knowles was shot by police as he
attempted to evade them in the Kemp Road
area. He was pronounced dead at the Princess
Margaret Hospital at 11.44 am Tuesday. Bast-
jan was apprehended a short time later at Pot-

SEE page 15



Good Samaritan, Marina
Glinton, remembered

NOELLE NICOLLS
Tribune Staff Reporter
nnicolls@tribunemedia.net

MARINA Glinton, former
director general of the
Bahamas Red Cross, died on
Thursday evening at the
Princess Margaret Hospital,
after succumbing to ailments
which had weakened her for
some time. She was in her ear-

SEE page 11

ome

TEE



BY DENISE MAYCOCK
Tribune Freeport Reporter

dmaycock@tribunemedia.net

GRAND Bahama Power
Company has finally restored
power to the entire island, dis-
continuing its outage rotation
which left many residents with-
out electricity over the last
three days.

SEE page eight

Ml FATHER OF PRISONER SHOT DEAD BY POLICE SPEAKS OUT
‘Sorry for my son’s crimes’

By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net

THE father of an
escaped prisoner who was
shot dead by police yes-
terday apologised for the
crimes his son had com-
mitted.

Ricardo Knowles Snr,
56, also hit out at a down-
market tabloid which
alleged his son Ricardo

“Ricky” Knowles Jnr had
threatened his own moth-
er with a gun.

Mr Knowles said there
was no truth to the claim
and the publication
should apologise to him
on his son’s behalf.

Knowles Jnr, 22, died
on Tuesday after alleged-
ly being shot in the stom-
ach by police in the Kemp
Road area.

He had earlier escaped

from Central Police sta-
tion where he was being
held prior to appearing
before Justice Jon Isaacs
on armed robbery, kid-
napping and rape charges.

Speaking with the
media in an interview at
his home in the Lynden
Pindling Subdivision,
where he is bedridden for

SEE page 15





NASSAU AND) BAHAM/





Tim Clarke/Tribune staff

RICARDO KNOWLES SR. speaks to the media about
his son Ricardo Knowles Jr. yesterday from his
home.

ISLANDS LEADING NEWSPAPER
PAGE 2, SATURDAY, MAY 8, 2010 THE TRIBUNE

LOCAL NEWS

Frantic residents





appy 40th Wedding

VlutTcisily

to Lennox & Sharan Bourne
fram your children









By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net

FRANTIC Pinewood Gar-
dens residents joined fire fight-
ers who battled to put out a
spreading bush fire before it
reached their homes.

Numerous homes in Pigeon
Plum and Avocado Streets
were threatened after a bush
fire broke out at around llam
yesterday. Thick smoke bil-
lowed throughout the commu-
nity, bringing anxious residents
into the street.Within an hour
the flames had spread to within
several feet of some houses,
and panicking residents began
to fetch water from their
kitchens and swimming pools
which they attempted to throw
on the fire to little effect.

Four fire trucks ultimately
responded to the outbreak,
although some residents com-
plained that they took too long

tt ad Leos

eae ic Gane EI ce as the fire got close to their re



to reach certain areas where
flames were spreading.

However, Chief Superinten-
dent in Charge of Fire Services
Jeffrey Deleveaux said that by
3pm, the fire was under control
and no homes had been dam-
aged. “We’re in the mopping
up phase now trying to reduce
some of the smoke. There’s a
lot of smoke,” said Supt Dele-
veaux. He said that fire crews
have “‘no idea” what caused the
fire at this time.









ae - ca cr a a ay
FIRE TRUCKS | in Pinewood Gardens vei as TES and residents tried to control a fast areas:
ing bush fire yesterday.



SHE doesn’t often give lengthy inter-
views, even though she has been in the
public eye for decades as the wife of a
Cabinet minister who became the Leader
of the Progressive Liberal Party and then
prime minister.

And, besides being a political wife,
Bernadette Christie has been kept busy
raising her children and following her
demanding career paths, much like many
other Bahamian women, so giving inter-
views has never been high on her to-do
list. This Sunday as a special Mother’s
Day broadcast, on her talk show, “Sunday
Conversations,” which airs from 2pm to



4pm on ISLAND 102.9 FM, Patty Roker
will be featuring an exclusive wide-ranging
interview with Mrs Christie.

Patty will also be speaking to Alex
Christie, singer/songwriter and daughter of
Perry and Bernadette Christie, about what
its like to have a mom like Bernadette
Christie, and how her mother is a major
part of helping her to follow her dream.

“I believe the candor of this interview
will surprise some people,” Patty said.
“Mrs Christie talks frankly about so many
aspects of her life, from how she met Mr
Christie and their courtship, to what kind
of profession she would have liked to have

had, to how she feels about politics, to
her new role as the mother of a rising star
— we talked about a vast array of topics.
She even addresses some of the cruel gos-
sip that has been circulating about her.
This interview will certainly show an
aspect of Mrs Christie that, I believe, is not
often seen.”

This special Mother’s Day edition of
“Sunday Conversations” will be aired only
once, starting at 2pm on Sunday, and will
be streamed live on www.islandfmon-
line.com







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OF CHICAGO

Mothers Day Brunch

Sunday, May9th 2010
11:30am - 3:30pm





Appetizer Station
¢ Assorted Breads & Sweet Rolls * Antipasti Platter
¢ Tomato & Heart of Palm Salad ¢ Pasta Salad
Tuscan Chicken Salad * Caesar Salad
Smoked Salmon Eggs Benedict
Miniature Conch Cakes w/ Rosa Aioli
Crab & Corn Fritters w/ Pomodoro Sauce

A la Carte Entrée Choices
From $30
Price includes Appetizer Buffet, Dessert Buffets & One (1) Mimosa

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Filet Mignon wl a Chianti reduction
Boneless stuffed Leg of Lamb w/ Pine Nuts, Sun-dried Tomatos
& Herbed Breadcrumbs
Oven Roasted Nassau Grouper
Minced Lobster Arrabiatta
Dessert Buffet
Assorted Fruit Pastries ¢ Apple Strudel

Bahamian Guava Duff w/ a Rum Sauce * Chocolate Cannoli’s
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Overlooking Beautiful Nassau Harbour. East Bay Street



For Reservations Please Call:

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7 (alra] C7) ha
















THE TRIBUNE

SATURDAY, MAY 8, 2010, PAGE 3

ne







(Felipé Majot/Tribune Staff)
UP TO 150 PEOPLE come to Ebenezer Methodist Church every Thursday from
10am to 1pm for hot soup, home-made bread, pastries and sodas, as well as
a bag of groceries. Church officials said the people come from as far as Prince
Charles Drive. One day, they said, the church would love to be able to offer a

place for these people to take a bath and sleep.





Bahamas to host 4th round of
China-Caribhean consultations

BY BAHAMAS INFORMATION SERVICES



THE Bahamas will host the 4th round of the China-
Caribbean consultations at Police Headquarters this
Monday, the Ministry of Finance has announced.

Deputy Prime Minister and Minister of Foreign Affairs
Brent Symonette heads the Bahamian delegation, while
Vice Minister of Foreign Affairs Li Jin Zhang will lead
the Chinese delegation.

The consultations involve the participation of China
and those Caribbean countries having diplomatic relations
with the People’s Republic of China, namely, Antigua and
Barbuda, the Bahamas, Barbados, Dominica, Grenada,
Guyana, Jamaica, Suriname and Trinidad and Tobago.

Friendship

These consultations were borne out of a desire to
develop friendship and comprehensive cooperation
between China and Caribbean countries based on mutu-
al respect.

The first China-Caribbean consultations were held in
September 2002 in New York on the margin of the 57th
Regular Session of the United Nations General Assem-
bly.

Since that time, meetings have been held in Antigua
and Barbuda in 2004 and in Beijing in 2006.

Both sides will exchange views on a broad range of
regional and international issues of mutual interests.

Delegates from Antigua and Barbuda, Barbados,
Dominica, Grenada, Guyana, Jamaica, Suriname and
Trinidad and Tobago will attend the meeting.







_cpmiTles c OMA.

fe - s
“THE BAHAR

Bahamas more developed
than China, Chinese say

NOELLE NICOLLS
Tribune Staff Reporter
nnicolls@tribunemedia.net

THERE are not too many
Chinese investors in the
Bahamas, but rather too few,
according to Chinese Embassy
representatives.

As long as the Bahamian
people welcome foreign direct
investment, the Chinese gov-
ernment will encourage its citi-
zens to invest, they said.

“One of the embassy’s
responsibilities is to promote
investment in the Bahamas if
the Bahamas welcomes it. I
think they do welcome foreign
investment because every year
the Bahamas has about $1 bil-
lion in foreign (direct) invest-
ment,” said Jian Tan, chief of
the commercial section in the
Embassy of the People's
Republic of China in Nassau

He said the number of Chi-
nese investors in the Bahamas
could be counted with only two
hands, where as the number of
investors from other countries
is virtually innumerable.

“We consider the investment
climate in the Bahamas to be
very good. You have stable
political conditions. That is very
important. In some countries
around the world, the govern-
ments change very fast, the
policies change very fast, so it is
a high risk for the investors,”
said Mr Tan.

“In the Bahamas you have a
democratic political system and
it is very stable. The laws and
the policies are very transpar-
ent. It is easy for the investor to
predict and get a long vision of
their investment, which lowers
the risk,” he said.

While the perception in the
Bahamas, and globally, is that
commerce in China is heavily
state-controlled and there is a
shortage of private enterprise,
Mr Tan said that in reality, Chi-
na is an open market economy
and the Chinese government is
“always supportive” of Chinese

EMPLOYMENT OPPORTUNITY
SECURITIES COMMISSION OF THE BAHAMAS

The Securities Commission of The Bahamas, a statutory agency responsible for
the oversight, supervision and regulation of the Investment Funds, Securities
and Capital Markets in or from The Bahamas, as well as the supervision of
Financial and Corporate Service Providers, invites applications from qualified

Bahamians for the following position:
Deputy Manager Corporate Affairs

Responsibilities:

Providing strong support to the Manager, Corporate Affairs and the
Executive Director in the execution of Human

Resource planning and HR benefit administration for the Commission
Assisting with managing training, human resource development,
compensation, benefits programs, ensuring compliance to policies and

“We consider the investment climate
in the Bahamas to be very good. You
have stable political conditions. That is

very important.”



companies investing abroad.
“Do you know what compe-
tition looks like in the US? It is
the same in China. We com-
pete with US companies, Euro-
pean companies. Almost every
Fortune 500 company is estab-
lished in China, with an office
or subsidiary. Why they come
to China is because they find
opportunities,” said Mr Tan.

Invite

“T would like to invite
Bahamian companies to invest
in China to enjoy the opportu-
nities. I would like to invite
Bahamian people to come to
visit to see what really happens.
I think after they land in the
airport and they visit some
cities they can see the power of
competition,” he said.

Mr Tan was seeking to calm
fears about foreign direct
investment by private Chinese
investors in the Bahamian agri-
culture sector.

The embassy has endorsed
talks between the Bahamas
Agricultural and Industrial Cor-
poration (BAIC) and sub-
sidiaries of China’s Shandong
Hi-Speed Qila Build Group to
explore opportunities in the
agriculture sector.

Both governments are await-

ee Be Rss
Fertilizer, Fungicide,
AOD)

a pe Pa oe
822-2157



Jian Tan

ing official plans from the Chi-
nese investors, but initial
reports suggest a vegetable,
fruit and livestock farming pro-
gramme, and possibly a food
processing plant.

Mr Tan said one of the most
important factors in the devel-
opment of China over the past
10 years was competition.

He said China would not
have experienced a decade of
“fast tracked development” if it
had not embraced competition,
a major sign of which was join-
ing of the World Trade Organ-
isation.

If you want to develop your-
self, if you want to develop your
company, you really need com-
petition. We have good experi-
ence and good instincts in Chi-
na. Before China joined the
WTO, most Chinese people
said, “The wolf is coming. It is
dangerous’. But during the past
10 years you can see how China
was very fast in developing,”
said Mr Tan.

Responding to claims that
Bahamian investors may not be
able to compete against their
Chinese counterparts, Mr Tan
pointed out that the Bahamas is
aticher country than China.

“We are not a developed
country. We are a developing
country. We are poor. We are
much poorer than the
Bahamas. In 2008/2009 we had
just over US$3,700 per capita
GDP. The Bahamas have more
than US$20,000 per capita
GDP. Bahamians are much
more rich than the Chinese,”
said Mr Tan.

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procedures for the Commission.

Building and sustaining effective relationships with employees thereby
enhancing and strengthening the Commission's performance
Assisting with managing the general office administration of the

Commission

Competencies:

Sound knowledge of Compensation and benefits programs
Sound knowledge and understanding of HR management practices

Knowledge of labour legislation in the region
Developed negotiation skills

Well developed interpersonal and leadership skills

Good training delivery and facilitation skills
Must respect confidentiality

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Qualifications and Experience:

A Bachelor's degree with professional Human Resources certification
3-5 years experience in all aspects of Human Resource Management

A competitive salary and benefits are being offered. To apply, please write
attaching a resume to:

MANAGER HUMAN RESOURCES
SECURITIES COMMISSION OF THE BAHAMAS
P. O. BOX N-8347
NASSAU, BAHAMAS
Fax: 356-7530

E-Mail: info@scb.gov.bs

Applications should be submitted no later than May 14, 2010

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


THE TRIBUNE

LOCAL NEWS

SATURDAY, MAY 8, 2010, PAGE 5



“T vex because all these tief-
ing lawyers taking people mon-
ey and not working.”

— Dead Vex :

“T am vex that numerous :
crime articles keep mentioning :
Kemp Road. If the police want }
to keep a lid on crime, they :
should open a police station on }

Kemp Road. Mind you there

needed.”

ain't even say 'boo' to Nassau
on how they gone catch them

pays them.”

“T vex at these number 15
buses who stop dead in the mid- :
dle of the road on Bay Street to :
let out their impatient passen- :

gers, causing me to hit my
brakes and raise my blood pres-

back of your run down jitney.

people off. Stop being so
biggety, y'all want to block up

makes me sick.”

“I am happy to see my MP :

Loretta Butler looking out for | Should have a vibrancy that

the poor an' needy at this time : €Xtends its life beyond the nine
when they most need it. She :
has been constantly on the go :
trying to help all of the poor :
and needy all over the country :

and is always in the papers
doing her job.”

~ Montague Constituent Seafood and Wine Festival is

: designed to celebrate the rich

+ Are you vex? Send your com- i marine resources of the
plaints to '‘whyyouvex@tribune- Bahamas, as ey i 3 fer-
media.net’ or fax them to 328- ; Vent passion tor lood, wine
; and entertainment.”

2398.










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Gibson Dinnerware
Studio Silversmiths

THE Downtown Nassau

Plans are to hold the festi-
val, which will feature the cre-
ations of at least 15 fine dining

: establishments, on the open

: waterfront immediately west

electricity thieves who robbing : of the Bristish Colonial Hilton

them of some 25 per centof the | gn West B ay Street.

electricity. Ain't nobody fool :
to pay more electricity bill : p: ees ;
when BEC can't account fer 25 : Friday, May 28, is a joint pro

per cent of what we already ; motion by the DNP, the Min-

: istry of Tourism and the Min-

— Things tough Y
: Marine Resources.

The festival, set to begin on

istry of Agriculture and

Nassau Tourism Develop-
ment Board chairman Charles
Klonaris said: “As a part of its
work on the revitalisation of

: our city, the Downtown Nas-

: sau Partnership undertakes

sure. Let those bus catching : various initiatives that are

people know you can'tlet them + intended not only to deliver
out in the middle of the road : pa y

unless they want to get knock in ; et a else but
the hip or cause a pile up in the ; #80 '0 Shape an experience

: that captivates visitors and res-

“And government had : idents as they move about the

enough sense to put bus stops ;
on the side of the road, jitney :
drivers please use them and pull ;
to the side of the road to let }

city.”

“Great cities have great fes-
tivals,” said Mr Klonaris, citing
the examples of West Palm

Beach, where more than
C Up : 280,000 festival-goers packed
traffic to let 10 people off like :

no one driving behind you. It week; and South Beach, where
., } a four-day festival raised more
=Mad'Motonst ; than $2 million for charity.

the revitalised waterfront last

He added: “Downtown

to five with wide options on
things to do, places to see and
people to meet. Festivals and
events are important for the

: proper functioning of cities.

“The Great Bahamian

rystal

7:00am-9:00pm

Jewelry Boxes
¢ Handbags
Picture Frames
Artificial Flowers
Gift Baskets

from Max’s





a |



Tim Clarke/Tribune staff





MINISTER of Tourism Vincent Vanderpool-Wallace speaks
about the Great Bahamain Seafood and Wine Festival at the

British Colonial Hilton.

DNP managing director
Vaughn Roberts said the fes-
tival’s timing is critical.

“The Great Bahamian
Seafood and Wine Festival will
celebrate our passion for food,
wine and entertainment and
give our chefs, caterers and
restaurateurs opportunities to
showcase seafood cuisine as a
part of the Bahamian cultural
experience,” Mr Roberts said.

He added: “The festival was
set to coincide with the first
American holiday for summer,
Memorial Day, a symbolic
kick-off that is traditionally
one of the biggest travel week-
ends for North America.”

The festival will commence
on the Friday at 7pm at
Jacaranda House on Parlia-
ment Street.

Mr Roberts said: “Guests
will experience seafood pre-
pared by signature restaurants
and professional caterers, wine
recommendations by wine
experts, a sushi bar, music and
dancing, chef demonstrations,
a dessert and coffee lounge
and an art exhibition.”






7a

sale ends May 8th, 2010

Now open 7am

oe Reg N em ott

Saturday’s events include a
‘Blessing of the Fleet’ cere-
mony at 11am; a farmers’ mar-
ket and fishermen’s wharf;
conch cracking and fish scaling
competitions; and cooking
contests.

The participating restau-
rants include: Aqua (the
Hilton); Black Angus (the
Wyndham Resort); the
Bahamian Club (Atlantis);
Graycliff; Ichiban; August
Moon; the Poop Deck (east
and west); Provence; Trav-
ellers’ Rest; Cafe Matisse;
Luciano’s of Chicago; Seafront
Sushi; Van Bruegel’s and Indi-
go.
Anyone seeking more infor-
mation should contact the DNP
at 326-0992 or email
vroberts@downtownnassau.org.

ee
as pe

SWRI
PHONE: 822-2157



ATLANTIS

Ba RAGISE ISLAND

On Sunday, May gth for a truly unforgettable Mother's
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‘Downtown Nassau Partnership announce
week-long seafood an

oac : By ALESHA CADET

are a majority of honest, hard-_§
working citizens living there :
and a proactive step to locate a : : :
police station in the area by the : Partnership has unveiled plans

police and politicians is surely } for a week-long Great

: Bahamian Seafood and Wine
- Law abiding, God-fearing : Festival to be enjoyed by
: tourists and Bahamians alike.

“BEC make me vex ‘cause }
they went ahead spending mon- ;
ey holding town meeting an’ :

i wine festival

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TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM
PAGE 6, SATURDAY, MAY 8, 2010

LOCAL NEWS

THE TRIBUNE







COVERAGE L





lan Nicholsonz/AP Pho

BRITAIN'S Conservative opposition leader David Cameron walks past the media as he arrives to give a press conference in London, Friday, May, 7 2010 . Britain's two main parties were locked in a power
struggle Friday after an inconclusive election _ with Labour's Gordon Brown suggesting he would try to form a coalition and Conservative leader David Cameron insisting the prime minister no longer had a

mandate to govern. Cameron - whose Conservatives outpolled Labour but fell short of winning a majority in Parliament _

m STOCK MARKET

Inconclusive election results
cause drop in UK stocks, pound —

LONDON

BRITAIN'S stock market
and the pound fell Friday as
investors worried about an
inconclusive result in national
elections against a backdrop of
global market turbulence,
according to the Associated
Press.

The FTSE 100 share index
finished 2.6 percent lower at
5,123, on top of a 1.5 percent
drop Thursday. At one point,
the blue chip index was down
3.5 percent as the afternoon
after the market digested Con-
servative Party leader David
Cameron's overture to the
third-place Liberal Democrats
to join him in forming a gov-
ernment.

The FTSE 100 is now 12.2
percent below its 52-week peak



of 5,834 set April 16.

The British pound traded as
low as $1.4449 by late morning :
but rallied to $1.4720 by late :

recovery from recession.

London.

Grant’s Town Wesley Methodist Church

The Holy Ghost Prayer-Line number is 326-7427
(www.giwesley.org)

SUNDAY, MAY 9TH, 2010

7:00 a.m. Rev Carla Culmer/Bro. Jamicko Forde
11:00 a.m.Rev. Carla Culmer/Women’s Fellowship

7:00 p.m.Sis. Rosemary Williams/Sis. Mariln Tinker















Theme: “ But As For Me And My Household, We Will Serve the Lord”























‘and Are treast aan an

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eae Ra ag

SUNDAY SERVICES
Meming Warship Senace ...
SUNndOY Schoo tor all oes ...
Aduli Bducotion

Worship Sonica .

Spanish Service

Evening Worsnip Serica

4.40 am
9.45 aur
945 Om.
11am
6.00 cum.
4.40 pm

WEDNESDAY at 7:30 p.m.
Selec ive Bible Teaching

Royal Rangers (Boye Cuts) 4-14 yr.
Missoneties (its COuey) 4-16 ye

FRIDAY at 7:30 p.m.
Youth Minty IMeating
RADIO MINISTRY

Suncioys ot B30 aun, «25 1

Visit Qur Book Store: TEMPLE BIBLE & BOOK SUPPLY

EVANGELISTIC TEMPLE

Assembly Of God

SUE Um ie eet
RSS MC Mere eM a bos
Se ieee ets

TEMPLE TIME

mM POLITICS

claimed that voters had rejected Labour in Britain's national election Thursday.



No UK election winner,
big 2 parties woo a partner

: LONDON

afternoon, still down sharply :
from $1.51 Thursday morning. :

Beyond the global turmoil :
created by the debt crisis, the ;
incomplete election returns :
worried investors — with no :
party claiming a majority, it :
was unclear what the next gov- :
ernment's approach would be :
to slashing a ballooning debt ; results and a public accus-
while nurturing a so-far feeble : tomed to clearer outcomes

‘ : watched transfixed, according
The potential lack of a }

strong government "does not :

bode well for implementing Cameron, ahead but shy of a
implemented Leen fas ? majority, seized the initiative
get deficit,” said Marc Ostwald with a “comprehensive offer

aL ON cures aa but possibly willing Liberal

* Democrats.

RITAIN'S inconclu-

B sive election turned
into high political

drama Friday, with the Con-
servative and Labour parties

wooing the same potential ally
while the markets pressed for

to the Associated Press.
Conservative leader David

to the ideologically dissimilar

Labour incumbent Gordon
Brown, beaten but still bat-
tling, dangled before the Lib
Dems their dream of major
electoral reform.

A weekend of frantic nego-
tiations loomed — but
momentum seemed to be with
the youthful Cameron.

"We have to accept that we
fell short of an overall majori-
ty,” said Cameron, 43.

Results showed the Conser-
vatives won 306 of the 650
seats in the House of Com-
mons; 326 were needed for
outright victory. Labour won
258 seats, the Liberal Democ-
rats 57 and smaller parties 28.

"Britain needs strong, sta-
ble, decisive government, and
it is in the national interest that
we get that on a secure basis. ...
I want to make a big, open and
comprehensive offer to the
Liberal Democrats," Cameron
said.

But Cameron promised only
a "committee of inquiry” to
look into Lib Dems’ major
goal: reform of the electoral
system so that the number of
seats gained is based on the
percentage of vote a party
achieves. They say that is fair-
er than the current system, in

which a party can win a par-
liamentary majority by getting
only a third of the votes.

The Conservatives won 36
percent of votes cast Thursday,
Labour 29 percent and the Lib-
eral Democrats 23 percent.

The Conservatives also held
out the tantalizing prospect of
Lib Dem seats in a Tory gov-
ernment. Senior Conservative
lawmaker William Hague said
Cabinet posts for Liberal
Democrats were not "off the
table.”

Cameron also left open the
option of trying to form a
minority government if the
Liberal Democrats turned him
down.

Brown, too, appealed to the
Lib Dems to make a deal, and
went further than Cameron by
promising quick legislation on
electoral reform.

"There needs to be imme-
diate legislation on this to
begin to restore the public's
trust in politics,” Brown said.

"The question for all the
political parties now is whether
a parliamentary majority can
be established that reflects
what you, the electorate, have
told us," Brown said in a state-
ment delivered outside 10
Downing St. — still his home,
at least for now.

Even a deal with the Liberal
Democrats would leave
Labour a few seats short of a
majority, meaning they would
have to turn to Scottish and
Welsh nationalists for further
support.

Liberal Democrat leader
Nick Clegg did not immedi-
ately respond in public to his
opponents’ overtures. He said
earlier that the party winning
the most seats and the most
votes — the Conservatives —
should have the first right to
try to govern.

"I think it is now for the
Conservative Party to prove

CENTRAL GOSPEL CHAPEL

CHRISTIE & DOWDESWELL STREETS ° Tel: 325-2921

SUNDAY, MAY 9, 2010

10:00 am Speaker Communion Service
Speaker Elder Brentford Isaacs
Topic: Choices
Wishing All Mothers A Happy Mother’s Day

» LIGHT AND LIFE COMMUNITY CHURCH

Grounded In The Past &
Geared To The Future

Worship time: lam & 7pm
Sunday School: 9:45am

Prayer time: 6:30pm
Place: The Madeira
Shopping Center

Pastor Knowles can be heard each
morning on Joy 101.9 at 8:30 a.m.

Rev. Dr. Franklin Knowles

ALL ARE WELCOME TO ATTEND

Pastor: Rev. Dr Franklin Knowles
P.O.Box EE-16807
Telephone number 325-5712
EMAIL - lynnk@ batelnet.bs

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LIBERAL Democrat Treasury spokesman Vince Cable leaves the
Liberal Democrat HQ in Westminster, Friday evening, May 7
2010. Britain's inconclusive election turned into high political
drama Friday, with the Conservatives and Labour Party wooing
a potential ally as the markets pressed for results and a public
accustomed to clearer outcomes watched transfixed.

that it is capable of seeking to
govern in the national inter-
est," he said.

The closely fought election
was the first since 1974 to pro-
duce a hung Parliament, in
which no party has overall con-
trol. The prospect of days —
possibly weeks — of political
horse-trading unsettled the
financial markets. As the
pound and the FTSE-100

index fell sharply, pressure
mounted for a quick solution.
"It's vital that this political
vacuum is filled as quickly as
possible,” said Miles Temple-
man, director general of the
Institute of Directors business
group. "The country simply
can't afford an extended peri-
od of political horse-trading
which delays much needed
action to tackle the deficit."

BAPTIST BIBLE CHURCH
SOLDIER ROAD & OLD TRAIL

(Sunday Schact idam
Preaching
Radio Bible Hour:

Sunday Hom - NS 2

Vied. Prayer & Praise ?:30om

FUNDAMENTAL |
‘lam A PoUpT EVA MGELISTIC

Pastor:H. Mile

“Preaching the Bible as is, to rian as they are”

| Pastor: H. Kills * Pho:

493-0663 » Box N-Siz2 }

Grace and Peace Wesleyan eres
ee em el |
Horth America

OR RE

CAL oie CAC eee Oe ae ee ees ee eee

Worship Time: Dian. d& 6p.n.

Prayer Time: Dh Panwm, te MbaS am,

Charch School during Worship Service

Place: Twynam Heights aff Prince Charles Drive

Minister: Rev. Henley Perry

PQ, Thaw 5-281
Tele pone timber: 324-228
Telefaa timber: bE 2487

COME To FORSHEE LEAVE To SERVE
THE TRIBUNE



LOCAL NEWS

SATURDAY, MAY 8, 2010, PAGE 7



Passport DC 2010:
triumph, again!





CONCH FRITTERS, conch salad and sky juice - Who says one can-
not have a “fish fry” in Washington DC?

BY KHYLE QUINCY PARK-
ER

Press Attaché

Embassy of The Bahamas

WASHINGTON, DC - For
the second consecutive year,
about 3,000 people thronged
the grounds of the Embassy of
the Bahamas for the ‘Around
the World Embassy Tour’ that
kicked off the 2010 edition of
Cultural Tourism DC’s increas-
ingly popular “Passport DC”.

Last Saturday, more than 30
embassies threw open their
doors and invited residents and
visitors to the DC Metro Area
to — in the words of Charles
Dickens — “Come in, and know
(us) better!” The enthusiastic
crowds responded by the thou-
sands,

The line outside the
Embassy of the Bahamas began
forming 20 minutes or so before
it was scheduled to open, and
by noon more than 1,000 peo-
ple had come through its doors.

Visitors to the Bahamas
Embassy were greeted by
Ambassador Cornelius A
Smith, and feted with live
Bahamian music performed by

members of the Bahamian
community living in the DC
Metro Area, as well as a mix
of old Bahamian standards like
Charlie Adamson and Ray
Munnings to the latest hits from
Avvy, Ronnie Butler and Sweet
Emily.

Many of the visitors decided
to give Bahamian dances a try,
with some attempting “the
Vola” and others trying to
“Mash the Roach.”

Visitors also admired the
display of fine junkanoo cos-
tume pieces.

Embassy staff and Bahami-
an volunteers told the story of
junkanoo, goombay and rake-
n-scrape music, and described
the painstaking work that goes
into each junkanoo costume.

Kataran Taylor, a Bahamian
student at Northern Virginia
University (NOVA), played the
goatskin drum for the crowds,
delighting visitors with the pul-
sating junkanoo rhythms.

Those in attendance also
had a chance to talk tourism
with Dornell Watson of the
Bahamas Tourist Office, and
financial services with Eco-
nomic Attaché Dr Nicola Vir-



VISITORS to the Embassy of the Bahama



me
. i
j

S$ got a stamp in their “pass-

port” to show they had been to the land of sea and sun at the Pass-
port DC event in Washington DC, Saturday, May 1.

gill-Rolle. Passport DC at the
Embassy was so popular last
year that a special group of chil-
dren, the Montgomery County
Chapter of Jack and Jill Clubs
of America, made an effort to
participate in the 2010 festivi-
ties.

The children learned the
Bahamian Pledge of Allegiance
beforehand, and recited it for
the Ambassador as a special
surprise.

Finally, visitors got a stamp
of the seal of the Common-
wealth of the Bahamas in their
Passport DC programme —
mimicking the stamping of a
real passport as proof of their
visit.

Most of those who came to
the Bahamas’ Embassy left with
a takeaway item — a keychain, a
pen, a map — something to
remind them of the great time
they had at the Embassy of the
Bahamas during Passport DC
2010.

Members of the Bahamian
community pitched in along
with Embassy staff to make the
event a success.

Ambassador Smith summed
up his response to the event this

Conference to explore ways to promote the
international connection of Underground Railroad

THE United States
Embassy in Nassau is co-
sponsoring a conference to
explore how the Bahamas and
the US can collectively pro-
mote the international con-
nection of the Underground
Railroad through historic edu-
cation, preservation and her-
itage tourism.

The Bahamas/USA Under-
ground Railroad Network to
Freedom Heritage Connec-
tion Conference will be held
from May 17-20 at the Wynd-
ham Nassau Resort.

The Bahamas and the US

share a relationship built up
over a century of close part-
nership on important pro-
grammes vital to the eco-
nomic and national security
of both countries. This close
relationship also includes a
shared history involving
escaped slaves who settled in
the Bahamas in the 19th cen-
tury.

Documenting

To begin the process of
documenting this important





GN 1041

GOVERNMENT NOTICE
MINISTRY OF PUBLIC WORKS & TRANSPORT

The Ministry of Public Works & Transport would
like to advise contractors of the need to have the
proper documentation in place when submitting
tenders for Public Works Projects. Effective, May
1st 2010, Tenders for public works projects will
no longer be acceptable in the absence of a full
and complete set of documentation, including
but not limited to the following:

1. A current

letter “The National

Insurance

Board’ confirming that the contractor is in good

standing.

2. A current copy of the contractor's Business

License.

connection between the
Bahamas and the US, two
programme managers from
the National Park Service
Network to Freedom Pro-
gramme will travel to Nassau
and Andros.

The Network to Freedom
Programme has the mission
of commemorating the
Underground Railroad legacy
worldwide.

The National Park Service
representatives will tour, learn
from, and lend their expertise
at several historical sites,
including the Red Bay settle-
ment, Gambier Village,
Clifton Heritage and
Delancey Town — sites that
are all associated with the
Underground Railroad histo-
ry of the US,

The National Park Service
said it is looking forward to
collaborating with the
Bahamian government and
community to develop a
range of programmes and
preservation efforts to docu-
ment this important story.

52wk-Low
1.00
9.67
5.23
0.44
3.15
2.14
9.62
2.69
5.00
2.21
1.32
5.94
B75
9.50
3.75
1.00
0.27
5.00
9.95
10.00

Benchmark
Bahamas Waste
Fidelity Bank
Cable Bahamas
Colina Holdings

Doctor's Hospital
Famguard
Finco

Focol (S$)

ICD Utilities
J. S. Johnson

Securit y
AML Foods Limited
Bahamas Property Fund
Bank of Bahamas

Commonwealth Bank ($1)
Consolidated Water BDRs

FirstCaribbean Bank

Focol Class B Preference
Freeport Concrete

Premier Real Estate

way: “I am particularly pleased
that Passport DC has provided
us with this opportunity to
expose so many residents of
and visitors to the DC Metro
Area to our country. We hope
that this ‘taste of the Bahamas’
will titillate their desire to plan
to spend their next vacation on
one of our beautiful family of
islands.”

Tel: 356-3467

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Request For Proposal 05/10

Database Consultancy Services

The Securities Commission of The Bahamas (“the Commission’) is a statutory
body established in 1995 pursuant to the Securities Board Act, 1995, which
was repealed and replaced by the Securities Industry Act, 1999 (the SIA). The
Commission is responsible for the administration of the Investment Funds

Act, 2003 (the IFA) and the SIA pursuant to which it supervises and regulates
the activities of the investment funds, securities and capital markets. The
Commission, having been appointed Inspector of Financial and Corporate
Service Providers January 1, 2008, is also responsible for administering the
Financial and Corporate Service Providers Act, 2000.

The Commission invites proposals for the provision of database consultancy
services to guide the improvement of its internal database systems that house
quantitative and non-quantitative operational data, as well as information to
support its regulatory oversight and statistical functions. Interested parties
are expected to submit a full project proposal identifying the proposed term of
engagement, the structure and nature of the consultancy and the deliverables
at each phase of the project. Copies of the detailed requirements may be
obtained by contacting the Commission as follows:

E-mail info@scb.gov.bs
Tel: 242-356-6291 /2
Fax: 242-356-7530

Mark submissions as follows:

Request for Proposal 05/10
Proposal to provide Database Consultancy Services to the Commission

Address tenders to:
Executive Director

Securities Commission of the Bahamas

3rd Floor Charlotte House
P.O. Box N-8347
Nassau, Bahamas

The Commission reserves the right to accept or reject any and all proposals.
Deadline for delivery to the Commission is on or before May 14, 2010

ROYAL FIDELITY

Minmey at Work

BISX LISTED & TRADED SECURITIES AS OF:
THURSDAY, 6 MAY 2010

BISX ALL SHARE INDEX: CLOSE 1,561.38 | CHG 2.87 | %CHG 0.18 | YTD -4.00 | YTD % -0.26

FINDEX: CLOSE 000.00 | YTD 00.00% | 2009 -12.31%

WWW .BISXBAHAMAS.COM | TELEPHONE:242-323-2330 | FACSIMILE: 242-323-2320

1.05
10.63
5.24
0.44
3.15
2.17
12.07
2.84
5.84
2.81
2.54
6.07
9.08
10.60
5.08
1.00
0.27
5.59
9.95
10.00

Previous Close Today's Close

Change Daily Vol.
7.04
10.63
5.24
0.44
3.15
2.17
12.07
2.84
5.90
2.70
2.54
6.07
9.08
10.60
5.08

99999999999908
eco-ooooooooo
eoeosG900000004

1.00
0.27
5.59:
9.95
10.00

EPS $



FG CAPITAL MARKETS
BROKERAGE & ADVISORY SERVICES

C2tt+ Tt BT A Te

Div $
0.250
0.050
0.598

-0.877
0.168
0.055
1.406
0.249
0.460
0.111
0.627

-0.003
0.168
0.678
0.366
0.000
0.035
0.407
0.952
0.156

BISX LISTED DEBT SECURITIES - (Bonds trade on a Percentage Pricing b
Security Symbol Last Sale Change Daily Vol.
Fidelity Bank Note 17 (Series A) +
Fidelity Bank Note 22 (Series B) + FBB22 100.00
Fidelity Bank Note 13 (Series C) + FBB13 100.00
Fidelity Bank Note 15 (Series D) + FBB15 100.00 s
RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)
Symbol Bid S Ask & Last Price Daily Val.
Bahamas Supermarkets. 10.06 11.06
Caribbean Crossings (Pref) 2.00 6.25 4.00
RND Holdings 0.35 0.40 0.55
CFAL Securities Ltd. (Over-The-Counter Securities)
ABDAB 30.13 31.59
RND Holdings 0.45 0.55
BISX Listed Mutual Funds
NAV YTD% Last 12 Months %
6.57
-0.11
4.75
-3.54
5.44
6.99
13.50
5.25
4.37
5.34
5.33

ases)
52wk-Hi _52wk-Low
1000.00
1000.00
1000.00
1000.00

Interest

FBB17 100.00 T%
Prime + 1.75%
T%

Prime + 1.75%

19 October 2017
19 October 2022
30 May 2013
29 May 2015

3. Evidence that the necessary arrangements
to facilitate “Contractors All Risk Insurance’
in the amount of the project, including liability
coverage in the amount of $1,000,000.00 (One
Million Dollars) is in place.

52wk-Low EPS $

-2.945

Div S
0.000

P/E

0.000
0.001

0.480
0.000

4.540
0.002

0.000
0.55 0.000
NAV 3MTH
1.438700
2.886947
1.507147

NAV 6MTH
1.407626
2.830013
1.491956

Fund Name
CFAL Bond Fund
CFAL MSI Preferred Fund
CFAL Money Market Fund
Royal Fidelity Bahamas G & | Fund
Royal Fidelity Prime Income Fund
CFAL Global Bond Fund
CFAL Global Equity Fund
FG Financial Preferred Income Fund
FG Financial Growth Fund
FG Financial Diversified Fund
Royal Fidelity Bah Int'l Investment Fund
Principal Protected TIGRS, Series 1
Royal Fidelity Bah Int'l Investment Fund
Principal Protected TIGRS, Series 2
Royal Fidelity Int'l Fund - Equities Sub Fund

1.3702
2.8266
1.5127

1.4602
2.9020
1.5289

7.50
0.52
1.44

Only contractors who are in compliance, will be
allowed to participate in the tender process for
Public Works Projects. These documents must
accompany the contractor's bid.

2.9343
12.6816
100.5448
93.1998
1.0000
1.0000

3.2025
13.4986
107.5706
105.7706
1.1034
1.0764
1.1041
9.5795

2.75
0.98
3.45
3.99
1.25
0.79
1.23
5.33

103.987340
101.725415

103.095570
99.417680

1.0000
9.1005
10.0000 10.5417

-2.13 10.96

4.8105 7.6928 -0.31
MARKET TERMS
YIELD - last 12 month dividends divided by closing price
Bid $ - Buying price of Colina and Fidelity
Ask & - Selling price of Colina and fidelity
Last Price - Last traded over-the-counter price
Weekly Vol. - Trading volume of the prior week
EPS $ - A company's reported earings per share for the last 12 mths
NAV - Net Asset Value
N/M - Not Meaningful
FINDEX - The Fidelity Bahamas Stock Index. January 1, 1994 = 100

47.51

| BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00
S | g ned 52wk-Hi - Highest closing price in last 52 weeks
eighted price for daily volume
day's weighted price for daily volume
Change - Change ing price from day to day
Daily Vol. - Numb: tal shares traded today
DIV $ - Dividends per share paid in the last 12 months
P/E - Closing price divided by the last 12 month eamin: gs
KS) - 4-for-1 Stock Split - Effective Date 8/8/2007
KS1) - 3-for-1 Stock Split - Effective Date 7/11/2007
TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-7525

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

Today's Close - C

Colin Higgs(Mr.)
Permanent Secretary


PAGE 8, SATURDAY, MAY 8, 2010 THE TRIBUNE



LOCAL NEWS

ANITA ALLEN SWORN IN AS ACTING CHIEF JUSTICE



HMBS FLAMINGO MEMORIAL 2010

Ceremony for
four marines
killed in action

50 year's ago

FAMILY members and p>—,
friends of the four marines
killed in action 30 years ago
during the sinking of HMBS
Flamingo will join the officers
and marines of the Royal
Bahamas Defence Force for
a brief ceremony at the Coral
Harbour Base on Monday at

SENIOR JUSTICE ANITA ALLEN is pictured taking the oath as she is sworn in as Acting Chief Justice by Governor General Sir Arthur 8. 20am.
Foulkes, Wednesday, May 5. INSET: Governor General Sir Arthur Foulkes looks on during the signing-on ceremony.





Patrick Hanna/BIS Photo

a A

Bringing remarks at the
special Morning Colours Cer-
emony will be the Minister of
National Security and Immi-
gration Tommy Turnquest.

After the ceremony, a ———
Defence Force craft will take Jeng IVAN gees
the family members out for
the laying of a wreath at sea in
memory of HMBS Flamingo and her fallen crew.

The Defence Force ensign will be flown at half-mast through-
out the day.

On May 10, 1980, after arresting two Cuban fishing vessels
near the Ragged Island Chain, Able Seaman Fenrick Sturrup,
21; Marine Seaman Austin Rudolph Smith, 21; Marine Seaman
David Allison Tucker, 21, and Marine Seaman Edward Arnold
Williams, 23, were killed when Cuban MIG jets fired upon
and sank the HMBS Flamingo.

Two of the 15 surviving crew members of HMBS Flamingo
are still serving members of the Royal Bahamas Defence Force.

They are Senior Lieutenant Whitfield Neely and Force Chief
Petty Officer Gregory Curry.



Harris Preferred Capital Corporation



Independent Auditors’ Report

The Stockholder and Board of Directors
Harris NLA

We have audited the accompanying consolidated statements of condition of Harris N.A. (an indirect wholly-owned
subsidiary of Bank of Montreal) and subsidiaries (the Company) as af December 31, 208 and 2008, and the related
coosolidated statements of operations, comprehensive income (loss), changes in stockholder’s equity, and cash
flows for each of the years in the three-year penod ended December 31, 2009, These consolidated financial
statements are the responsibility of Harris N.A,'s management, Our responsibility is to express an opinion on these
consolidated financial statements based on our audits.

We conducted our audits in accordance with auditing standards generally accepted in the United States of Amenca.
Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the
financial statements are free of material misstatement. An audit includes consideration of internal control over
financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for thee
purpose of expressing an opinion on the effectiveness of the Company's intemal control over financial reporting.
Accordingly, We express no such opinion, An audit includes examining, on a test basis, evidence supporting the
amounts and disclosures in the financial statements. An audit also includes assessing the accounting principkes used
and significant estimates made by management, as well as evaluating the overall financial statement presentation.







Bahamian duo team

We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the consolidated financial statements referred to above present fairly, in all malerial respects, the
financial position of Harris N.A. and subsidiaries as of December 31, 2009 and 2008, and the results of their
operations and their cash flows for each of the years in the three-year period ended December 31, 2009, in
conformity with U.S, generally accepted accounting principles.

KPa LIP

Chicago, Ulines
March 31, 2010

Consolidated Statements of Condition

_ sd Betembser Fi
a 20s

iin theesaneds except share date
Assets
Cash and demand balances due from banks. . ,
Money market assets:

Interest-bearing deposits at banks (8.4 billion and $24.7 billioe hekl at Feder! Reserve:
Bank ot December 31, 2000 and 2008, respectively)

$ O46 § OTs IS

9231 Sal B01 21

Federal funds sold and securities purchased under agreement to resell : 174,975 132,084

Total cash and cash equivalents

Secumibes available-for-sale at fale value

Trading account assets ond devivative instruments —. , , .
Lang, net of oneamed income

Allowames for loun Joses . . . (680.782) C374 24h

Met lesa. fie ues en aweeds ane §22494.995 § TRIS
Lownsheld for sale a : 20.074 7O 544
Premises and eyuigement... 2. , . : ares 534516
Bank-owned msurance eae : 1a 1,304,315
Goodwill and other intangible assets... 5 cian bene eas B17 507 774444

Other assets 1.199, 166 1,152,589
BROTLGIT & 87306055
sd —SS

S10,3511,425 27255, 69
5,508,831 9,031 048
1,353,504 | AGT 9

23,175,717 2, 396, 38 |

Deposits in domestic offices — noninterest-bearing - $ OM 77
— interest-bearing (imeludes $7074 and $77.7 million
measured ot fair value at December 31, 2009 and 2004,
fesipectively).... : 7
Deposits in foreign offices — interest-bearing... .. , 1,622,410 920,255
_ Total deposits me SI0293,41 § F5445 ey
Federal funds purchased . , . . . et 236009 VaR
Securities sold under agreement bo repurchase... . : ies 2512400 5, TSB
Shoct-lenm borrowings .... 0... : TIT 00 JG ATG
SEMMT-Lenn SENdT MES... es : - Th
Accrued interest, taxes and odher expenses 2.22... i . 172.418 237,835
Accrued persion and post-retirement ‘ i i on ee en 38395 171933
Orilser livhilvtres a ere re ; teh 2A 63] 487
Long-tent notes — seniocfunsecured ee 259, S00) 216 500)
Long-term neles — senionsecured , 2574, 0000 23575 00M
Long-term notes — subordinated , , 22, 740 292,740

Total liabilities $2,699,450 § 63,184,098
Stoeckholder’s Exyuity
Common stock ($10 par value); authorized 40,000,000 shares: issued and outstanding

[7334502 and 17,149,512 shares at December 31, 2009 and December 31, 20MhE,

TESpeCtvely soe sit ea on vue veceaeee & DVRS 171,495
Surplus. : spe ref 2,322,917 2,172,020
Retained eamings : a : 1,621,719 1,734,472
Accumulated other compechensive lows... ... eile Re wide (97,784) ea eu
Sockhokder’s equity before nencemtralling interest — preferred atock of subsidiary , S4022197 § 381os
Noncentralling interest — preferred stock of subsidiary . 250M 250,000

Total stockholders equity B 4272197 5 4.021947

Tietal Fabilities and steckholider’s equity. . . BTL 627) 8 AT 06094

5 2H, 575

18,98 058 24374,054

The accompanying motes to consolidated financial statements are an integral part of these statements.

A copy of the Annual Report may be obtained from Ansbacher (Bahamas) Limited, 4th Floor, 308 East
Bay Street, Nassau, Bahamas.



up to form rap group

TWO Bahamian men have teamed up to form a rap group
with the aim of presenting a new vision of the future to young
Bahamians.

The Bahamas Boyz, who are also known as the ‘Hype Duo’,
said they have utilised music as an outlet for their creativity, as a
way to channel their energy into something positive.

The two men said they want to create a flavour of music that
reflects what it is to be “urban” in Nassau, not in New York or
on the streets in Kingston. This Bahamian double rap act is
comprised of MCs Flow (Ronald Roker) and HD (Omri Kelly).

Successful

Since their formation in 2006, the pair has produced a string
of locally successful songs starting with their first radio single
"Hold Me Close".

Their latest installment is the street anthem ''Get Dough",
featuring Bahamian rapper D-Bo.

Tonight, the Bahama Boyz will host a release party for the
music video of their song “Dreams.”

The video aims to give people a “true glimpse” of what life is
like for everyday Bahamians.

It combines humour with the serious issues that Bahamian
youth face, the group said.

The release party will be held at Club Roc on Carmichael
Road at 9pm.

Power restored to Grand Bahama
FROM page one

Major mechanical failures and operational challenges were
experienced at the power plant when four of seven generating
units went out of service earlier this week.

According to the power company, one of the generating units
was returned back into operation yesterday, restoring power to cus-
tomers on the island. “At the moment, customers have been tak-
en off the rotation plan and are asked to conserve energy to
reduce load demands,” the company said.

“Our employees have been working diligently into restoring
power and returning one of our generating units back into opera-
tion.”

On Thursday, company officials revealed that its largest steam
and diesel units and its largest combustion turbine were out of ser-
vice and not producing power. Its oldest steam unit also went off
line on Thursday because a major tube leak.

A rotation of power supply/outage was implemented throughout
the island, affecting businesses and leaving many residents without
electricity in their homes for up to four hours and much longer in
some areas. Paul Lockhart, director of transmission and distribu-
tion, explained that the island was divided into three major areas
for outage rotation to mitigate the loss of about 12.5 megawatts.

“We rotated outage in the three areas trying not to keep any area
out more than two hours. It was not always possible, but that was
our goal to try and keep the outage to a maximum of two hours per
area,” he said. CEO Alan Kelley said the company is working to
get the remaining units repaired and back online.

“It is my feeling that we need something additional on the
island,” he said. We are putting in probably about $7 million in cap-
ital in our generating plant this year.

“T think we had planned on putting $4.5 million into it, but we are
probably going to be spending $7 million as a result of some of the
failures we did not expect to see,” he said.

“Our largest steam unit is down for scheduled maintenance. It
wasn’t supposed to be scheduled at this time, it was scheduled to
be down earlier in the year, but a supplier for some major parts that
are being replaced went bankrupt and we had to find a new sup-
plier, delaying the beginning of the outage by about two months,”
he said.

The diesel unit, which was taken out of service about a month
ago with major component damage, is expected to be back in
operation by mid next week, said Mr Kelley.

“This has required sourcing large components, literally tens of
thousands of pounds of equipment from Europe. This was delayed
about a week by the volcano in Iceland. We are still waiting for
some parts to be shipped out of Germany this weekend.”

The company has brought in experts who have discovered a
design defect in the equipment. Mr Kelley said they are installing
a design fix to guard against future failure, but remains cautious
about repeating the same type of failure. Efforts are also under way
to repair the combustion turbine, which is in need of parts and has
been out of service for about a week.

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

The following tables detail the Bank’s expected maturity for its non-derivative financial
assets. The tables below have been drawn up based on the undiscounted contractual
maturities of the financial assets including interest that will be carned on those assets except
where the Bank anticipates that the cash flow will occur in a different period.

Liquidity and interest risk tables

2009
Repayable
Lessthan 8daysto I monthto 3 months to 6 months to 1! year to
8 days I month 3months 6 months 1 year 5 years

US$000s US$000s US$000s US$000s US$000s US$000s

Assets
Cash and
short-term deposits
Time deposits with maturity
over 90 days - - - - 1,500 2,500
Loans 5,109 15,825 36,374 30,873 22,585 116,445
Interest receivable

$ 13,043 $ 3,965 $ 1,433 . $ 18,441

Total assets $ 19,923 $ 6,679

Repayable
Less than 8daysto | month to 3 months to6 months to 1 year to
8 days lmonth 3 months 6 months 1 year 5 years
US$000s US$000s US$000s US$000s US$000s US$000s

Assets
Cash and
short-term deposits $ $ 1,500 - $ 4,687
Time deposits with maturity
over 90 days : - 4,000 1,684 2,000 7,684
Loans 25,443 30,975 17,385 23,125 2,125 102,245
Interest receivable

Total assets $ 25,443 $ 32,475

The following tables detail the Bank’s remaining contractual maturity for its non-derivative
financial liabilities. The tables have been drawn up based on the undiscounted cash flows of
financial liabilities based on the earliest date on which the Bank can be required to pay.

2009
Repayable
Lessthan 8daysto | month to 3 months to 6 months to |! year to
8 days tmonth 3months 6 months 1 year 5 years
US$000s US$000s USS$000s US$000s US$000s US$000s US$000s

Liabilities
Customer deposits $17,355 $ 18,532 $ 35,844 $§ 28,750 $ 22,541 $ 3,660 $126,682
Interest payable

Total liabilities

Net exposure

Repayable
8 days to 1 month to 3 months to 6 months to
lmonth 3months 6 months 1 year
US$000s US$000s US$000s USS000s US$000s US$000s

Liabilities
Customer deposits
Interest payable

$ 29,125 18,875 $ 25,100 $ 3,612 $104,130

Total liabilities $_ 29,125 18,875

523,875 $104,874
$1568 $5,850 $ (1,490

$_(1.487) $10,893

Net exposure

Fair value of financial instruments

The directors consider that the carrying amounts of financial assets and financial liabilities
recorded at amortized cost in the financial statements approximate their fair value due to their
relatively short-term nature.

Deloitte.

INDEPENDENT AUDITORS’ REPORT

To he Board of Directors and Skarchalders af
Cera Crock Aamk 1 mane!

We hone audived the siaicement of financial postin of Con! Crodat Mank Limited (ste “Thank” } as ot
lecienker 3, FOr This daterecnt of Citetaial pesiiaon is the respemsibiliiy ef dhe Pankâ„¢s
Hittiioeee. Our responsibility is to express am opinion on this statement of linanchal postion

baeed on our wadii

We ooduced aur aikin in accordance sith Imeramionnl Sinmdarts on Audiiing. Whose Standards
equire tha we plan and pecfores the wedi io chiam reasorabk assure aboat whether the
drbermeer of Cimcrma ial parai 6 Gree of ercrterial otissiatcren, Aun seal) iechelies Gaamiming, 08 a
bes! basik, evidence: supponing the maine cod disckeures iin the simemem of financial pinition
An gudit wo includes meesing tee account i PT Inc IPRS Ge add Seen Lslinaies rreacke bey
7 ememi, as veil as cvalie the overall preseniaiion af the statement of finunial postion
We belie tat cur ad pei 9 eeoeonble hashes for cur oeinion
In our opimeon, thy siaemant of financial (SR Pes fair hin all manenal respect ihe
finantial potion af Ihe Hank ae al December 71, D004, in secondaire mith betemaleenal Fanci
KReponing Stondards

Without qualifvisig ome opinion, we cifepliasioc thal the: slatement of Peeecial postion docs
Comprise 2 OoOmplene Scio Tamil siemens m@ aocondaence wih Inpemaonal Financial Reporting

Standards, Infornalion on neulis of aperations, cash Qhews ond changes in equity

i cS lo

ie a compkic uulerinding A the finarcial polio, periormance and changes in the framcial
msition oF the Hank.

: oe
Dlpelfe ra F pace oF

April gu, JUS



To advertise ALE your

LEGAL
NOTICES,

HT
The Tribune’s
Sales Department

VIR L|



FROM page one

to no water, angry customers
flooded the utility company's
complaints centre and contact-
ed their members of Parliament
demanding answers for the lack
of service.

Many contacted The Tri-
bune, to voice their frustration.

"For two days I could not
shower or brush my teeth at
home and had to resort to using
my drinking water to bathe. I
feel dirty, my house is dirty, my
dog is dirty — I can't wait until
they get this problem fixed,"
complained Stanley Rolle, 28,
of Prince Charles Drive.

"It's been irritating because
you can't even bathe, you can't
even flush the toilet because
there is no water. It's just been
a great inconvenience,” added
Kayla Sturrup, 26, of Sea
Breeze. “It’s annoying that the
water company cannot
announce what is happening on
the TV or radio. Two days
without water is disgraceful,”
said another angry caller, who
wished to remain annoymous.

Robert Deal, assistant gen-
eral manager, apologised on
behalf of WSC.

He promised crews were
"working diligently" to reme-
dy the problem.

FROM page one

ly 70s. “She has represented us
well. She has travelled exten-
sively throughout the Bahamas
promoting the mission and ide-
al of the Red Cross movement.
She has traveled across the
globe for the Red Cross and
has been a great ambassador
for us,” said Caroline Turn-
quest, Bahamas Red Cross
director general.

For more than 37 years, Ms
Glinton served the Bahamas
Red Cross.

She witnessed, and in many
cases led, its transformation
from a small group of volun-
teers and a small office in Nas-

SATURDAY, MAY 8, 2010, PAGE 11

LOCAL NEWS

Water supply

"We fielded quite a bit of
complaints from our call cen-
tre on Thursday night. We
realise it's a very serious prob-
lem for our customers and we
are trying our best,” he told The
Tribune at the site of the leak-
ing water main.

The broken pipe, located
underground at the junction of
2nd Street and Robinson Road,
provides water to clusters of
residents in the Robinson Road
area, heading east to Fox Hill
Road, Prince Charles Drive and
services a water tank in Win-
ton Estates. WSC personnel
were alerted to the leak on
Thursday afternoon when pud-
dles of water surfaced in front
of a nearby shopping centre.
When The Tribune arrived on
site around 2pm yesterday, a
crew was working to repair the
leak which had produced minor
flooding.

Leslie Hutchinson, senior
engineer in project manage-
ment, said the process got off to
a slow start to mitigate damage
to the nearby utility cables.

"We had a crew that came
out and excavated the area.
This is an area that has a very
high water table so the excava-

Marina Glinton

sau to the organisation it is
today, with group leaders or
offices spread across the
Bahamas. “She was there for
anyone needing assistance or
advice,” Ms Turnquest of the
woman she called her “person-
al mentor”.

Ms Gliton was honoured by
the Red Cross at their 2008 ball.

At the time she described the
highlight of her career as an
occasion in January 1995, when
she gave the keynote speech at
the 15th InterAmerican Con-
ference held in Caracas,
Venezuela. There were 570 del-



tion had to be very slow, very
deliberate so as not to damage
the existing pipe and the other
utilities. We discovered there
was a leak on a special fitting, a
joint between some polyethyl-
ene pipe and some older metal
pipes."

Officials hoped to have the
leak plugged by yesterday after-
noon and estimated that water
levels to the affected areas
would be restored late last night
or early this morning.

Mr Hutchinson said: "We're
going to fix the leak. We are
going to let the water flow
again but we need time to fill
those tank levels. There will be
an inordinate demand based on
the fact that the water has been
off for quite some time, it's
going to take some time to
build (reserves). That may take
a bit longer depending on
demand. It could be six to eight
hours before we get the pres-
sure fully restored in those
areas. As soon as we get this
leak fixed, the restorative
efforts will begin."

Dubbed a "problem area"
for the utility company, Mr
Hutchinson said the water main
is one of several pipes slated
for upgrades during the New
Providence Road Improvement
Project.

egates and 75 observers from
40 national societies.

As a child heralding from
Calabash Bay, Andros, Ms
Glinton said she knew she had
made it. During a video trib-
ute, Dame Marguerite Pindling,
Lady Edith Turnquest and
Lady Ingrid Darling all spoke
of Mrs Glinton’s unwavering
dedication, tireless service and
kind heart. In late September
last year, the Government of
the Bahamas honoured Glin-
ton for her efforts in social out-
reach at Government House.
She received the Most Excel-
lent Order of The British
Empire (MBE) during the
Queen’s Honours List of 2008.



MUTIES COM,
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Opn. =
‘THE BAH ABE

EMPLOYMENT OPPORTUNITY
SECURITIES COMMISSION OF THE BAHAMAS

The Securities Commission of The Bahamas, a statutory agency responsible for the
oversight, supervision and regulation of the Investment Funds, Securities and Capital
Markets in or from The Bahamas, as well as the supervision of Financial and Corporate
Service Providers, invites applications from qualified Bahamians for the following

position:

Senior Officer: Policy and Research Department

Responsibilities:

Development of policies, guidelines and other regulatory tools through monitoring,
research and report development

Understanding the role and keeping abreast of developments in the global
financial regulation arena, in particular, regulatory developments related to the
securities and capital markets

Ongoing monitoring of current market activity

Interpretation of financial reports and investment data through the conduct of
research, collection of data, performance of statistical analysis, the production of
highly developed reports or detailed studies and oral briefings to department
members and management on the outcomes of their work

Completing surveys on the activities of the securities and capital markets, its
operations and regulation

Qualifications and Experience:

A Bachelor’s degree in Finance, Accounting, or Economics is essential, but a

Master's is preferred

Post-undergraduate study and/or training is highly desired, e.g.: Level | of the
CFA exam or graduate level courses in financial risk management

5 years minimum experience in a financial institution or policy development
environment or 3 years experience with a Master's degree in a noted field.

Competencies:

* A good balance between quantitative and written communication skills must be
demonstrated, in addition to the following:

* Well developed analytical thinking and problem solving skills

* Advanced research skills required to perform the duties described above
* Aconsistent, high degree of accuracy that leads to the composition of clear, concise

reports and analysis

* Strong quantitative skills that can be applied to assessing financial risk and
developing risk management policies

* Strong written and oral communication skills

* Excellent interpersonal skills

* Strong familiarity with databases (essential)

* Knowledge of securities legislation and the general financial sector legislative

framework is an asset.

* Strong organizational skills

* Proficiency in Microsoft Office products (Word, Advanced Excel, Access, etc.)

A competitive salary and benefits are being offered. To apply, please provide a resume

to the attention of:

MANAGER CORPORATE AFFAIRS
SECURITIES COMMISSION OF THE BAHAMAS

P. O. BOX N-8347
NASSAU, BAHAMAS
Fax: 356-7530
E-Mail: info@scb.gov.bs

Applications should be submitted no later than May 14, 2010

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


Deal Shockers
95-83 in best-
of-seven series

By BRENT STUBBS
Senior Sports Reporter
bstubbs@tribunemedia.net



OH how sweet it is to be called
champions again.

After losing the title to the Elec-
tro Telecom Cybots last year, the
Giants bounced back and regained
their rightful place at the top of
the New Providence Basketball
Association by winning another
men’s championship crown.

They did it with a 95-83 victory
on Wednesday night at the Kendal
Isaacs Gymnasium to wrap up a
4-1 decision over the Real Deal
Shockers in the best-of-seven
series.

“It’s a gratifying feeling to be
back on top again as any team or
any coach would feel,” said Com-
monwealth Bank’s coach Perry
Thompson after they hoisted the
team trophy.

“Tt was a long gruelling season.
But having to deal with a 12-man
roster, it’s difficult to give every-
body ample playing time. But ’m
happy and fulfilled that some peo-
ple gave their support in different
areas that we expected them too.”

Prior to losing the title to the
Cybots last year, the Giants and
the Shockers traded spots as the

SATURDAY, MAY 8,

2010







THE Commonwealth Bank Giants, coached by Perry Thompson (left), pose above after winning the NPBA men’s title at the Kendal Isaacs Gymnasium on

Wednesday night.

NPBA’s best team. Back after a
few years hiatus, the Shockers
turned out to be worthy opponents
for the Giants again.

“This one was sweet because we

had a point to prove,” Thompson
said. “Last year, we wasn’t at full
strength because Mark (Hanna)
was travelling, Furly (Michael Bain
Jr) was off the island and Log



(Adrian Miller) was suspended for
a game and Creto (Knowles) was
suspended for a game.

“We were really short handed,
but we did very well under the cir-

cumstances. So we took it person-
al this year. We wanted to come
back and regain our title. Hats off

SEE page 14



GYMNASTICS

Ferguson pitches no-hitter to help rout Palm Bay Covenant Christian

BAHAMIAN and Trinity Chris-
tian's number four pitcher, sopho-
more Byron Ferguson, pitched a no-
hitter as the Warriors routed Palm
Bay Covenant Christian 10-0 in five
innings in their regional quarterfinal
Tuesday.

Ferguson (3-0) also went 3-for-3 at
the plate, including a triple in his first
at-bat and scored the Warriors’ first
run in the second inning.

“T think it’s really good for him
that he pitched a regional game and
pitched very well,” Trinity Christian
coach Miguel Cuello said.

The Warriors’ offence started out
slowly with just the one run in the
first three innings, but in the fourth

I GOT a call the other from
Maxine Darville, offering her
condolences to the family of the
late Wendell ‘Big O’ Ferguson.

It was so refreshing to hear
from Darville, who at one time
was the most dominant female
bodybuilder in the country.

During her reign, Darville

noted that she was one of those
who benefited from Ferguson as
he motivated and encouraged
many people training in the
sym.
Last week Sunday, Inger
Johnson, who headed the com-
mittee called “Friends of Big O”
called to inform me that Fergu-
son had passed away early that
morning.

The 54-year-old former track
and field coach and personal
trainer was going through a bat-
tle with sarcoma cancer. He nev-
er recovered from _ the
chemotherapy treatment that he
was undergoing.

Like Darville, Ferguson
impacted so many people’s lives,

inning, Trinity Christian (20-3) sent 14
batters to the plate and scored nine
runs to put the mercy rule into effect.

“Sometimes when we don’t know
who it is that we're facing, we take an
inning or two to get going,” Cuello
said. “But I knew we would have a
big inning like we did.”

Covenant’s Ryne Ferguson
reached base on an error, stole sec-
ond, and advanced to third on a balk,
but two pickoffs and a strikeout end-
ed the inning and the only real scoring
threat of the game.

Trinity Christian’s Tim Leow was
1-for-1 with two walks, two stolen
bases and an RBI. The Warriors stole
four bases in the game.

whether it was at the Thomas
A. Robinson Track and Field
Stadium or in one of the many
gyms when he frequented.

A memory Service is tenta-
tively being planned for Loyola
Hall on Thursday night. His
funeral service is scheduled for
next Saturday. The time and
venue has not yet been con-
firmed.

Darville, a personal fitness
trainer herself, was just one of
the many people who called The
Tribune to express their sympa-
thy to Ferguson’s family.

But for someone who has
been to the top of her sport,
winning the Central American
and Caribbean Bodybuilding
Championships’ heavyweight
title, is noteworthy.

Ferguson has certainly
touched the lives of so many
people from the novice or begin-
ning level to the elite status in
the country. We will surely miss
his robust body and blosterious
voice that has inspired us all to

Share your news

The Tribune wants to hear
from people who are making
news in their
neighbourhoods. Perhaps

you are raising funds for a
good cause, campaigning for
improvements in the area ¢
have won an award.

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



Adaric Kelly, the team’s best pitch-
er and shortstop, was the designated
hitter as he is still nursing an ankle
injury from two weeks ago. Cuello
does not expect him to pitch in Fri-
day’s regional semifinal.

Ferguson Jr. is a product of the
Junior Baseball League of Nassau.
He is the son of Byron Ferguson Sr.,
the coach of the Mariners in the 11-12
division, who will be playing in the
upcoming National Baseball Tour-
nament, which is schedule for Grand
Bahama over the weekend of June
4-6.

The JBLN extended its congratu-
lations to both of the Ferguson on
the accomplishment.

do our best.
May his soul rest in peace.

BOXING DILEMMA

Just when he it seemed as if
First Class Promotions was get-
ting back on its feet, they have
ran into another snag with the
Bahamas Boxing Commission.

On Tuesday night, Bahamas
Boxing Commission chairman
Pat ‘the Centreville Assassin’
Strachan said they agreed to
withdraw their sanction of the
proposed welterweight title fight
between Hensley ‘the Bruiser’
Strachan and Anthony ‘Psycho’
Woods.

The commission questioned
the career records of the two
fighters sent in by the represen-
tative of First Class Promotion,
Michelle Minus.

It was pointed that while First
Class has sent in winning
records for the two fighters,
BoxRec.com has produced los-
ing records and as a result, they
have withdrawn their sanctions.

It’s a pity that the Commis-
sion and First Class have not
been able to iron out their dif-
ferences, considering the fact
that Michelle and Ray Minus Jr.
are promoting their first show
since 2008.

The Commission had sus-
pended Minus and First Class
for some irregulations sur-
rounding some previous shows,
but Minus said they are excited
about the opportunity to get
back in the ring.

Jermaine ‘Choo Choo’ Mack-
ey, the top fighter in their sta-





2 CORRECTION

¢ THE Tribune Sports Department

wish to offer an apology on a story
: printed on Friday, which referred to
: Savannah Brady as the youngest
: Bahamian to win an all-around gym-
i nastics award.

In clearing up any misconception,

: the Gymnastics Parent Booster Club
: have noted that Leah Rodgers cap-
: tured gold at Leprechaun Classic when
: she placed 11th overall.

The club also pointed out that in

: 2007, Toni Johnson competed at the Jr
: Orange Bowl Invitational Level 5
? when she won the All Around title at
: the age of eight years.

It was also noted that Johnson was

: younger Brady, who competed for

: Nassau Nastics against one other

STUBBS




| tf ipo
| i , ot

OPINION

: school over the weekend. But when

Remembering Wendell "Big O° Ferguson:

? error.

Johnson competed, it was against six
other schools.
The Tribune apologised for the

GYMNASTICS
_ MOTIVATIONAL
| SEMINAR

¢ THE Bahamas Gymnastics Par-

: ent Booster Club will hold a motiva-
: tional seminar today at 5 p.m. in the
: Conference Room of the Bahamas
: Financial Services Board at the Goods-
: man Bay Corporate Centre.

Track and field retired Golden Girls

: Pauline Davis-Thompson and Eldece
: Clarke-Lewis will be the presenters.

| BASEBALL
NATIONAL
, CHAMPIONSHIPS

¢ THE Bahamas Baseball Federa-

: tion is in full preparation mod for the
i: upcoming "8th Annual Andre
: Rodgers National Baseball Champi-
: onships.

The Federation witnessed a mile-

: stone when 45 young Bahamians
: entered high schools and colleges in
: the US to further their education and
: represent their respective schools on
: the baseball diamond.

After their first seasons on the base-

: ball diamond, some of these young

ble, I expected to headline the }
show being dubbed: “In Your :
Face, Ready to Rumble.” i

But it’s certainly a slap in the :
face for the sport when the com-
mission is still holding a grudge :
against the promotional group, :
not allowing them to fully oper- :
ate with all of their top com-
petitors.

Let’s hope that for the sake :
of the sport and the many fans :
who patronize the sport that the :
two bodies will eventually work :
out their differences.

men are having or had outstanding
baseball seasons.

The BBF will be giving out four out-
standing players awards at the opening

? ceremonies NBC on Friday June 4th at
: 7:30pm at the Grand Bahama Senior
: Baseball Park.

All these young men are in con-

: tention to win one of these prestigious
: awards for 2010:
: ¢ Most outstanding high school player.

* Most outstanding high school pitcher.
« Most outstanding college player.

¢ Most outstanding college pitcher.
The BBF wishes to congratulate

: these players on an outstanding high

: school baseball season.

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PAGE 14, SATURDAY, MAY 8, 2010

SPORTS

TRIBUNE SPORTS



When in Rome, Jankovic

beats both Williams sisters

TENNIS
ROME
Associated Press

JELENA Jankovic beat
tennis’ famous sisters on con-
secutive days and reached the
Italian Open final with a 4-6,
6-3, 7-6 (5) victory Friday over
Serena Williams. The top-
ranked Williams squandered a
match point and acknowl-
edged having an “an apple in
my throat."

Jankovic, ranked No. 7, will
play for the title Saturday
against Spain's Maria Jose
Martinez Sanchez, who
defeated Serbia's Ana
Ivanovic 6-4, 6-2. Jankovic
won this tournament in 2007
and 2008.

Williams, who won in
Rome in 2002, was playing in
her first tournament since a
three-month layoff because of
a knee injury. She had been
sidelined since winning the
Australian Open in January.

"Tcan't beat myself up over
it,” she said. "I just came
back."

Williams said she simply
wasn't playing the points right.

"T feel like I should have
won, could have won," she
said. "I think I had an apple in
my throat, but it is what it is.”

Jankovic routed Venus
Williams 6-0, 6-1 in the quar-
terfinals Thursday. She is the
seventh player to beat the sis-
ters in the same tournament,
joining Aranxta Sanchez Vic-
ario, Steffi Graf, Martina
Hingis, Kim Clijsters, Lindsay
Davenport and Justine Henin.
Clijsters has done it twice.

"To beat both Williams sis-
ters in two days is really amaz-
ing,” Jankovic said. "I'm real-
ly proud of myself. It doesn't
happy too often."

Serena served for the match
twice in the third set and was
broken both times. She hit a
backhand long on match point
at 5-4. Williams took a 5-2

lead in the tiebreaker, but hit
areturn long and missed four
consecutive shots to send
Jankovic into her second final
of the year.

With Williams up 5-3,
Jankovic served an ace but
Williams had her hand up and
the chair umpire ruled that
the American had called time
and Jankovic had to serve
again. That drew an argument
from the Serb and whistles
from the crowd in the Foro
Italico's new 10,500-seat sta-
dium, which was about only
half full.

Jankovic thought her ace
should have counted in the
tiebreaker.

"For me, when the server
comes to the line the receiver
had to be ready. That's the
rule, right?" Jankovic said. "I
just had to regroup and refo-
cus. I didn't want to waste my
energy — and that’s what I
basically did. Overall, it was
good for me to be able to stay
strong mentally.”

Ivanovic, whose ranking
has slipped to No. 58, strug-
gled against Martinez
Sanchez's serve-and-volley
game. The 26th-ranked
Spaniard also used an effec-
tive drop shot.

Jankovic and Williams had
a tough time finding their
rhythm at the start, with
Williams the first to hold serve
to go up 3-2. Williams then
stepped up her attack, trying
to keep the points short with
approach shots to the corners
to set up easy putaways.

Williams won the first set
with a big forehand return of
serve that Jankovic shanked
way off court. Williams, how-
ever, began to struggle on the
longer points and Jankovic
broke at love to go up 4-3 in
the second set when Williams
committed unforced errors in
succession. Williams double-
faulted to concede the sec-
ond set.





Gregorio Borgia/AP Photo

SERBIA'S Jelena Jankovic returns the ball during her semi final tennis match against U.S. Serena
Williams at the Italian Open tennis tournament in Rome, Friday, May 7, 2010. Jankovic won 4 - 6,

6-3,7-6.

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MICHAEL Bain Jr. (second left) was named the MVP after the Com-
monwealth Bank Giants won the NPBA men’s championship crown.
At left is coach Perry Thompson. Next to Bain is statistician Ralph
McKinney and Bain’s father Michael Bain Sr.

FROM page 13

to the team and our long-time sponsors, Commonwealth Bank.”

With all of their key players in place, the Giants had a
tremendous run during the regular season, going undefeated
before they suffered their first loss against the Police Crimestop-
pers in their first round playoffs.

After knocking off the Crimestoppers 3-1 in their best-of-five
series, the Giants dropped another game to the Shockers. But
once again, they were able to rebound for the series and cham-
pionship win.

“T think it was a great overall team performance, winning the
championship and bringing the trophy back home,” Bain Jr.
pointed out.

Bain Jr, who followed in the footsteps of his father, Michael
Bain Sr., was named the most valuable player after he posted
a game high 27 points to lead the winners.

“Tt was a great accomplishment for me, but I couldn’t do it
without my team,” said Bain Jr. about his MVP feat. “They
found the open looks for me and when they rebounded, I
mostly hit the fast break.

“Tt was a great team effort, but I accept the MVP award
and I acknowledge it, but it was a great team effort.”

He was assisted by Hanna with 19, Jeremy Hutchinson had
14 points with 15 rebounds and Gamaliel Rose added 11 points.

For the Shockers, Emeka Watson had 12, Carvin Cummings
11 and Sidney Hillary and Kevin Coakley both netted 10.

Now they are heading to Abaco next weekend for the
Bahamas Basketball Federation’s National Round Robin Tour-
nament and Thompson said the goal is to do the same thing that
they did in the NPBA.

“The journey hasn’t ended for us. The Nationals is something
that we always take serious,” Thompson stressed. “We don’t go
down there to party and have fun.

“We go down there to win it all. We still have one leg of the
journey to complete our mission. So we’re going to Abaco to
complete that mission. Then we will party after that.”

Hold the party, Bain Jr. said.

“Our goal is to win the title first,” he proclaimed. “The last
time we went to the nationals we won it and that’s our goal
again. We want to go over there and win it again and bring the
trophy back to New Providence.”

They will have to do it against the championship teams from
Abaco, Eleuthera, Grand Bahama and Exuma.

SPORTS

INBRIEF

“Montreal to join
‘MLS in 2012
as 19th team

' SOCCER
: NEW YORK
Associated Press



MONTREAL will join

: Major League Soccer as its
: 19th team in 2012, and
: commissioner Don Garber
: hopes to add a second New
: York club as early as 2013.

Montreal was announced

: at a news conference Fri-
: day and will be owned by
: the Saputo family, which
: runs the Montreal Impact
: of the U.S. Soccer Federa-
: tion D-2 Pro League. It will
: play primarily in Saputo
: Stadium, which opened two
: years ago and is to undergo
? about $22 million in reno-
: vations. Its capacity will
: increase from 13,000 to
: 20,000.

Some games will be in

: Olympic Stadium, the
: home of the Montreal
: Expos from 1977-04.
: Olympic Stadium, which
? holds more than 50,000, will
: host an exhibition between
: the Impact and AC Milan
? on June 2.

"Tt opens up a whole new

: market in French-speaking
? Canada, which is important
: as We position ourselves as
: a global sports league,”
: Garber told The Associated
: Press in a telephone inter-
: view. "There is a whole sec-
: ondary market here in
: Canada, particularly in
: Quebec, represented by the
: French-speaking popula-
: tion. That gives us business
: and corporate opportuni-
: ties. It gives us media
: Opportunities, because
: there's French language
: radio and television both
: here and nationally.”

MLS currently has 16

: teams. Portland, Ore., and
: Vancouver, British Colum-
: bia, were announced in
: March 2009 as expansion
: teams for 2011. Toronto FC
: started play in 2007.

Impact chairman Joey

: Saputo hopes the team will
: be able to keep its name,
? logo and blue color in MLS.

"T think the rivalry

: between Montreal and
: Toronto will be absolutely
: fantastic,” he said. "We see
: it in all the other sports,
: whether it be hockey or
: football. And even from a
: business standpoint, there's
: always this rivalry between
: Montreal and Toronto."

Canada has not qualified

: for the World Cup since
: 1986, just after the demise
: of the North American Soc-
: cer League, which had
; teams in Montreal, Toron-
? to, Vancouver and Edmon-
: ton. Saputo hopes the
: spread of MLS to Canada
: will boost the nation's soc-
: cer fortunes.

"If we could help the

: Canadian national team
: achieve the opportunity to
: play at the World Cup
: Stage, it's part of who we
i are, it's part of what we
: plan to do," he said.

Now Garber will turn his

: attention to New York.
: Across the Hudson River,
; the Red Bulls moved into a
: $200 million stadium this
: year in Harrison, NJ.

"Our attention is very

: focused on a 20th team as
i we speak. We'd like that
: team to be in New York
:; City representing a second
; team in the tri-state area,"
: Garber said. "The Red
: Bulls are very supportive
: of that and believe that
: rivalry will help grow the
: popularity of the sport in
: the New York metropoli-
; tan area. So we're going to
: work hard and try to get
: something done perhaps as
: early as 2013."

Garber has held talks

: with the Wilpons, who own
: the New York Mets. Those
:; talks may resume.

"Our discussions, which

: were fairly active with the
: Mets, clearly got put aside
: with the energy that they
: were putting into the
launch of Citi Field," Gar-
: ber said. "We haven't had
: discussions with the
: Wilpons in over a year and
i we'll hopefully reopen
: those discussions.

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

SATURDAY, MAY 8, 2010, PAGE 15



Land owner to be i 7

asked to give up title

FROM page one

aborted” due to the law fir-
m’s “negligent breach of
escrow conditions.” As a
result it was incorrectly
recorded at the Registry that
the transaction was closed.
The deposit on the land trans-
action was also returned to
the purchaser, said a repre-
sentative of the Lockhart
estate.

“Tt (the Registry recording)
was done in error. The error
is a regrettable mistake and
it is being corrected,” said
Glenys Hanna Martin, attor-
ney and PLP Member of Par-
liament for Englerston. In a
letter to Callender & Co, the
Lockhart estate’s new attor-
neys, Mrs Hanna Martin
wrote that “it appears that the
Bannister deed was recorded
in error by our clerk. It would
therefore be our responsibili-
ty to have that matter cor-
rected.”

However, if the new title
owner is now uncooperative
in transferring the title, T7ri-
bune sources say, the family
will have to seek the assis-
tance of the courts. “The title
has officially passed. You
can't do a deed by an agree-
ment. You can't cancel a
deed. An affidavit cannot
undo a deed. The registrar
general cannot unrecord it.
Once that is on the microfilm
that is it, the registrar general
is powerless,” said an attor-
ney, speaking on condition of
anonymity.

Because of the continuing
land dispute, the family has
already accumulated more
than $150,000 in legal fees.

They are now trying to
resolve the outstanding issues
amicably, without resorting to
the courts. But family mem-
bers say this has proven to be
difficult, leaving them in a
seemingly no-win position.
“There has been no
progress. The position of the
Hannas hasn’t changed.
There was some hope that
after the (former) Governor
General AD Hanna demitted
(office) he would have time
to devote to it, but nothing
has moved. There has been
no tangible response,” said
representatives of the family.
Ten years ago, the execu-
tors of the Lockhart estate
engaged ADH to handle the
sale of four lots in the South-
Western Estates Subdivision.
The cash-strapped family
intended to subdivide and sell
five acres of land owned by
the estate, but they first need-
ed subdivision approval. The
family sold four lots, which
represented a small portion
of the five acres, to raise mon-
ey to pay for the installation
of utilities on the remaining
acreage to qualify for subdi-
vision approval. In fact on
August 1, 2000 the Hanna law
firm was notified that the
Minister of Works had grant-
ed permission for the land
sale on condition that the
required funds were sent to
the utilities corporations for
the installation of the utilities.
Although Mr Hanna was
the original attorney handling
the conveyance of the four
lots for the Lockharts, respon-
sibility for the matter was
turned over to the firm after
his appointment as governor

general. By 2008 the case was
inherited by his daughter,
Glenys Hanna Martin, who is
a current partner in the firm.

Now 10 years later, several
matters surrounding the con-
veyances are still unresolved.
In addition to the “inadver-
tent” transfer of title for the
lot in which the sale was
aborted, the family is also
seeking to ascertain the sta-
tus of $70,000, which was col-
lected for the sale of three lots
from as early as 2006. They
say it was held by ADH to
pay the utility corporations.

Mrs Hanna Martin was
named in a complaint sub-
mitted by one of the estate
beneficiaries to the Bahamas
Bar Council in 2009. “I think
it got confused when GG
went to Government House
and Glenys took over the
management of the firm,”
said Mrs Wallis Carey, one of
the beneficiaries of the Lock-
hart estate. “They shielded
the GG. Our family tried to
meet with him. My sister
came from Orlando. When
she got here she couldn't con-
nect with him. (Our attorney)
tried to get a meeting with the
GG,” she said. She said that
the remaining property —
about nine lots — is valued
at about $800,000. It is cru-
cial, she said, that the infra-
structure be installed so that
the subdivision can be sold to
raise the money to pay their
legal fees and take care of
other family business. To
install the utilities they need
the money, being held by the
law firm from the first sale,
to be released.

Drive-by shooting

FROM page one

Although his identity was not released by
police yesterday, The Tribune understands the
victim is 20-year-old Enrico Miller.

Police said the shooter, or shooters, sped away
in a dark blue or black Nissan Sentra.

A police officer, who did not want to be
named, told The Tribune last night: “He was just
walking along the street and a car pulled up
beside him and opened fire on him.”

The officer speculated that gang activity could

be behind the shooting.

"We're still trying to determine a motive, but
it could be some gang-related issue,” the officer

EMOTIONAL scenes after the shooting.



added. According to a shocked resident at the
scene, it was a stroke of luck that children in the
area were not hit by stray bullets.

"This the day when children is be playing in the
streets and thing. It's by the grace of God no
one else was hit,"
want to be identified.

Police investigations continue.

said the resident, who did not

T’m sorry for my son’s crimes’

FROM page one

health reasons, Mr Knowles
said he wished to apologise to
Justice Isaacs for his son’s
“alleged escape from lawful
custody” and to any victims of
“crimes suffered at the hands
of my son.”

“T am so sorry for whatever
crimes my son committed,” Mr
Knowles said.

Nonetheless, he suggested
that the fact that his son had a
significant criminal rap sheet
should not be allowed to
shroud the circumstances that
led to him meeting his death.

Recalling the last time he
spoke with his son, Mr Knowles
said that “Ricky” called him on

the morning of his escape, and
after hearing what his son had
to say during the phone call he
“immediately” told him to sur-
render to police.

“T also told my son to lie on
the ground, don’t move (and)
ask people in the neighbour-
hood to stay with him until the
police arrived so that he would
not be killed and that witnesses
would see the police take him
into custody alive.”

The father said that eye wit-
nesses told him his son was shot
despite “surrendering” to police
on the scene.

“T’m not condoning my son
for nothing, I know that he did
wrong, but if somebody says ‘I
give in’, that’s it, you can’t shoot

them, and then kick them over
and shoot them again. I think
that’s horrible. That’s wrong,”
he said. He attributed his young
son’s criminal record to “bad
decisions, bad company and
just getting caught up in the
wrong situations.”

“It’s not like nobody talked
to him, tried to instil different
things in him, it isn’t like he
didn’t have nothing, but it was
just peer pressure,” said Mr
Knowles. Two police officers,
Corporal Jay Sargeant and
Constable Harold Sand,
appeared in court yesterday
charged with negligently per-
mitting the escape of a prisoner,
and permitting the escape of a
prisoner respectively.

Officers charged over jail breakout

FROM page one

ter's Cay dock.

The pair were accused of accosting a couple at
gunpoint in September 2008. On Thursday, a jury
acquitted Bastian of all charges stemming from the

alleged incident.

Sands and Sergeant were granted $5,000 bail yes-
terday with one surety. Their case has been adjourned

to May 17.

Attorney Francis criticised police for bringing the
two men to court in handcuffs. He said there needs to
be a “level of consistency” when dealing with police

officers who are appearing before the courts.
Yesterday, Assistant Commissioner of Police
Hulan Hanna said Sands had been dismissed

from the Royal Bahamas Police Force. Sergeant
has been referred to a police tribunal.
Meanwhile, Renardo Bastian, 20, was

arraigned before Chief Magistrate Roger Gomez

in Court One, Bank Lane, yesterday charged
with escape. Bastian, who is being represented by

attorney Willie Moss, pleaded not guilty.

The prosecutor, Inspector Clifford Daxon, object-
ed to bail, citing that he has other serious offences
pending before the courts. The case was adjourned to
































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