Citation
The Tribune.

Material Information

Title:
The Tribune.
Uniform Title:
Tribune. (Nassau, Bahamas).
Added title page title:
Nassau tribune
Place of Publication:
Nassau, Bahamas
Publisher:
Tribune
Publication Date:
Language:
English
Physical Description:
v. : ill. ; 58 cm.

Subjects

Genre:
newspaper ( marcgt )
newspaper ( sobekcm )
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 )
9994850 ( OCLC )

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Full Text
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Pim blowin’ it

75F
J9F

HIGH
LOW

SUNNY AND

~~ BREEZY

Volume: 107 No.13



Bec

SENSE

SEE PAGE 12C

ABDF fears after





96 Dominicans held
as reports of illegal
fishing increase

By AVA TURNQUEST
Tribune Staff Reporter
aturnquest@tribunemedia.net

THE seizure of two ille-
gal fishing vessels this week-
end and increased reports
of poachers in the Ragged
Island chain have “height-
ened” the concerns of the
Royal Bahamas Defence
Force.

Reports reaching The Tri-
bune late last night indicated
that another vessel may
have been seized in addition
to Saturday morning’s catch,
which led to the arrest of 96
fishermen.

Details could not be con-
firmed up to press time,
however officials explained
that the number of boats
seized did not match initial
reports, and RBDF mem-
bers were still scouring the
area.

Officers on the Defence
Force’s Dauntless Class P48
boarded and searched two
65{t vessels fishing shortly

ifimtenda Bil *

+ Conpesers
+ deeerd

after 7am on Saturday.

According to reports from
Spanish Wells, the boats
were picked up on the
Conchina banks, just west
of Ragged Island, which are
well known for its grouper
schools. The grouper season
officially closed at the begin-
ning of this month.

In a press statement yes-
terday, the Defence Force
said: “The search led to the
confiscation of a large quan-
tity of shelled and scaled
fish, and the arrest of nearly
100 persons, believed to be
Dominican fishermen, on
board.

“The apprehended craft
are being escorted by
Defence Force vessels to the
capital, where the foreign
fishermen will be turned
over to relevant authorities
for further processing.”

Throughout the years, and
most recently in October,
local fishermen have cried

SEE page 13

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The l

ribune |“



MONDAY, DECEMBER 6, 2010



SEE PAGE THREE



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ny arrests









POLICEMAN SHOT BY
ANOTHER OFFICER
DIES OF INJURIES

By ALISON LOWE
Tribune Staff
Reporter

alowe @tribunemedia. net

A POLICE officer
who was accidentally
shot in the chest by
another officer on
Thursday has died,
police said.

Inspector Miller died
of his injuries in hospi-
tal at 12.15pm yesterday.

He had been admitted
for treatment on Thurs-
day morning after being
shot during what police
described as a “covert

SEE page 13

FESTIVE PERFORMANCE: The

Royal Bahamas Police Force held
its ‘Drum Beat Holiday Extravagan-
za Concert’ in conjunction with the

National LEAD Institute and the

PACE Foundation at the National
Centre for the Performing Arts.
Police officials including Commis-








MAJORITY OF BIRTHS IN BAHAMAS

UNMARRIED mothers
once again accounted for
the majority of all births
in the Bahamas, and 20
per cent of all registered
births were to non-
Bahamian women, accord-
ing to the latest figures
from the Department of
Statistics.

In its completed Vital
Statistics Report for 2008,
the department said it



recorded 5,480 live births,
a decrease from 5,854 in
2007.

The proportion of births
registered rose from 87
per cent in 2007, to just
over 93 per cent in 2008.

Unwed mothers
accounted for 60 per cent
of all births.

The largest number of

SEE page 13

sioner Ellison Greenslade (left)
were present at the event.




DETAINEE DESCRIBES ‘TERRIBLE’
EXPERIENCE AT DETENTION CENTRE

By ALISON LOWE
Tribune Staff Reporter

alowe@tribunemedia.net

ALLEGATIONS of over-
flowing and stinking toilets,
insufficient food, beds and
bedding, and sexual assault
have again emerged from the
Carmichael Road Detention
Centre, with one recent
detainee describing the expe-
rience as “terrible.”

The man, who does not

°2,500



NASSAU AND BAHAM/?

ISLANDS? LEADING NEWSPAPER

wish to be identified, was
picked up recently by Immi-
gration officers and taken to
the centre for around 24
hours.

“T know it’s not meant to
be the Ritz Carlton, but it
was really disgusting,” said
the man, who told The Tri-
bune he felt compelled to
raise awareness of the con-
ditions on behalf of those

SEE page 14

71,000

RAC Royal Bank”



PAGE 2, MONDAY, DECEMBER 6, 2010 THE TRIBUNE



LOCAL NEWS

Fe eee UE Tas



HOLIDAY FUN: John Bull held a holiday event on Saturday at its
Bay Street store. There was fun for all the family with magic shows,
face painting, arts and crafts and balloon animals. Santa also paid a
visit and there was a Junkanoo performance.

PHOTOS: Felipé Major/Tribune staff



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THE TRIBUNE

MONDAY, DECEMBER 6, 2010, PAGE 3



LOCAL NEWS



SIR JACK HAYWARD :
VOICES CONCERNS |
OVER ELECTRICITY

By DENISE MAYCOCK
Tribune Freeport Reporter :
dmaycock@tribunemedia.net_ i
FREEPORT: Sir Jack }
Hayward, one of the princi- :
pal owners of the Grand :
Bahama Port Authority, :
expressed his annoyance }
over the high electricity cost :
and inefficiency in power }
service, which he says are i
hindering major investments :
in Freeport. :
He noted that big compa- }
nies have already pulled out :
of Freeport because of the }
electricity cost, and others :
have sustained major equip- }
ment damage and loss as a }
result of the frequent power }
outages. :
“We had the glass compa- }
ny pull out and we had oth- :
er people do the same,” Sir }
Jack commented during a }
press conference in the Port i
Authority Boardroom. :
“We (also) had com- }
plaints from Pharmachem. :
Every time there is a power }
cut it blows out some of }
their machinery and com- :
puters, and the power com- }
pany has not been compen- }
sating them.” :
In March, Fenestration }
and Glass Services closed its
$20 million investment in }
Freeport because of the high :
cost of power and poor ser- }
vice reliability of the Grand :
Bahama Power Company.
CEO Steve Howes report- }
ed at the time that they were :
being were charged “six }
times the price” of electrici-
ty the company would be :
billed in North Carolina, }
where it has relocated. :
In addition to a power bill }
of $120,000, the Queen’s }
Highway-based company
also lost critical manufac- }
turing equipment, resulting }
in at least $170,000 damage, :
as a result of surges in pow- }
er supply on numerous occa- }
sions. i
Polymers International i
Limited, a major plastics }
manufacturing plant locat- :
ed on Queen’s Highway, :
were also hit with electricity :
bills amounting to $500,000 :
a month, forcing the com- i
pany to lay off 26 contrac- }
tors. i
Greg Ebelhar, chief oper- }
ating officer, said the elec- :
tricity costs is nearly five }
times that of its nearest US }
competitor. i
Sir Jack said the Port
Authority has been very }
concerned over the power ;
situation and has no plans }
to approve any request for i
rate hikes. ;
“The high cost of electric- }
ity and frequent power out- }
ages discourage industry,”
he said. :
“Tt is something we were i
fighting against. We had no }
control over it except to set }
their rates which we had }
resisted them putting up }
rates over the past two i
years. i
“Providing such inefficient ;
electricity, we are not going }
to approve any hike in rates. :
I hope that they can bring }
in more generating equip- }
ment and more reliable }
equipment, but I hope also }
that they will bring their :
prices down and read the :
meters,” Sir Jack said. :
Even though many resi- }
dential customers had tak- }
en steps to limit their power }
usage and consumption by }
turning off major appliances ;

SEE page 13

FOR 3 IN 1 LAWN SERVICE
eda a cn
aR
re Dae EL
haa GT

1 i

fvicronet

BUSINESS TECHNOLOGY

Supermarket targeted in
weekend armed robberies

By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net

informed that two men armed with
handguns entered the business and
demanded cash.

of the matters.
According Police Press Liaison
Sergeant Chrislyn Skippings, the

three men armed with "high powered
weapons", and two Nassau web shops
also hit.

SIX armed robberies took place
between Friday and Saturday after-
noon, with Cost Right supermarket
at the Town Centre Mall targeted by




















HONOUR: Alan Arkin

ae:

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Four men have been taken in for
questioning in connection with two
separate incidents, but up to press
time last night, police were still on the
lookout for those responsible in four

By MEGAN REYNOLDS
Tribune Staff Reporter

mreynolds@tribunemedia.net

STAGE and screen star
Alan Arkin stepped out on
the red carpet at the Atlantis
hotel on Saturday night to be
honoured with a Career
Achievement Award by the
Bahamas International Film
Festival (BIFF).

The prolific actor whose
performance in Little Miss
Sunshine earned him the
Academy Award for best
actor in a supporting role in

ale

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2007, was presented with his
latest accolade by the young
actress who starred opposite
him in the film.

Abigail Breslin, 14, said she
was honoured by the oppor-
tunity to pay tribute to “one
of the best actors ever” who
was kind and patient with her
when they worked together
on the movie set, as she was
just aged nine.

“Alan is one of the best
actors ever,” Miss Breslin told
the audience of around 150
people in the Atlantis theatre.

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weekend’s activity began when police
were called to an armed robbery at
Flamingo Web Cafe, on Amos Fer-
guson Street and Poinciana Avenue, at
around 2.35pm on Friday. They were

he gave me any acting tips,
and while I can’t remember
any specific pointers or tips, I
can say that whenever Alan
became Grandpa, I was so
convinced that he was actu-
ally Grandpa that it made me
become more Olive, and I
actually forgot that we were
pretending.



"The culprits robbed the establish-
ment and a customer of an undeter-
mined amount of cash,” said Sgt Skip-

SEE page 15

Actor Alan Arkin honoured at BIFEF

“So I want to thank you
(Mr Arkin) for all of the char-
acters that you’ve created,
and I can’t wait to see the
characters that you have yet
to bring to life, so congratula-
tions.”

Mr Arkin praised the

SEE page 15

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PAGE 4, MONDAY, DECEMBER 6, 2010

THE TRIBUNE





EDITORIAL/LETTERS TO THE EDITOR

The Tribune Limited

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

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

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

Publisher/Editor 1919-1972
Contributing Editor 1972-199]

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

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

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

WEBSITE

www.tribune242.com —

Claim ‘criminal deportees’ creating problems

JAMAICA’S justice system is facing a
serious problem of witness tampering.

According to Jamaica’s weekend Glean-
er the matter came up for discussion last
week at a case-management conference in
the Home Circuit Court. In many cases, the
complaint was that witnesses could not be
found.

One of the judges suggested that if a wit-
ness had disappeared, the case should be
thrown out. However, as it was pointed out
such action would only encourage the dis-
appearance of more witnesses with more
cases being thrown out for lack of evidence
and accused-— guilty or not — going free
without trial. The whole judicial system
would collapse.

A Jamaican defence lawyer brought to
the Circuit Court’s attention five men
accused of murder whose case has been on
the court’s calendar for the past six years.
However, the case has now been put off
because of insufficient jurors.

Jamaica’s Director of Public Prosecutions,
while sympathising with judges and lawyers,
acknowledged that a lot of witness intimi-
dation was taking place in Jamaica. She said
that as prosecutors they are “operating in a
challenging environment where a lot of peo-
ple are afraid to testify and there are
instances where witnesses are killed.”

However, she said, “we would be handing
a weapon to perpetrators to just simply have
their friends put potential witnesses in fear
because they know the system has a new
rule that once the witnesses do not turn up in
court, the case is automatically thrown out.”
She said that a balance had to be arrived
at, always bearing in mind that the accused
had to be charged within a reasonable time.

“We have to strike a balance too in the
challenging environment, the high crime rate
and intimidation of witnesses,” she said.

Does the Bahamas have the same prob-
lem? The answer is yes, but certainly not to
the same degree.

We have heard of a case in which a fam-
ily is being terrorised right from a prison
cell.

“They have been threatened that if they
talk, they will be killed or their home will be
burned down,” we were told.

It is understood that this family is so
frightened that in three years they have
changed homes 10 times.

This is a murder case. We have heard of
another case — very similar in nature —
where henchmen of the accused torture wit-
nesses by threatening reminders, either by

updated daily at 2pm

phone or in person, as to what would happen
if they talked. These are cases of which we
are aware. However, we have been told that
there are others, and that witness tampering
is becoming a problem.

Several years ago a well known drug lord
was jailed.

There were several killings, some in
Freeport, some in Nassau. Our reporters
were always told that they were murders of
retaliation — one “of the boys” of a certain
drug gang getting even with “the boys” of
another gang. They were slowly wiping each
other out. All of our investigations led to a
certain cell at HM Prison, Fox Hill.

This is very serious. Somehow this threat
to society has to be neutralised. Prison
administrators should know who these peo-
ple are. A system has to be found to cut off
their contact with the outside world and pre-
vent them from directing their “boys” to do
their dirty work for them. When discovered
such persons — regardless of their other
charges — should be jailed for life as being
a danger to society. And the “boys” on the
outside should also be severely dealt with. If
our system cannot protect the witnesses then
those who threaten them should be locked
away so that they cannot harm them.

We have been told that a “serious drug
war ” is going on in the East Street, Market
Street and Blue Hill Road areas, which
would take in Bain Town. The allegation is
that some criminal deportees are mixed up in
this tug-of-war over drugs.

Criminal deportees — those jailed in
another country for serious crime, now being
deported back to their last address — are
causing havoc in Trinidad and Jamaica and
the rest of the Caribbean.

It is understood that the situation is so
bad in Trinidad that a plan is now under
serious consideration to hold court in prison
using computer screens. It has been decided
that to move prisoners to regular courts — as
is done on a daily basis in Nassau — is much
too dangerous. We have been advocating
such a change of court venue for Nassau for
some time. Trinidad is finally going to do it
to protect its citizens.

Criminal deportees, who have served
time in other criminal systems, bring a cer-
tain criminal sophistication back with them
when they return to home turf. There are
those who maintain that it is this element
that has infiltrated the local scene.

It is devastating Trinidad and Jamaica,
we were told. “Nassau,” they say, “is only
catching up.”

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Law about Customs
duty on aircraft
should be quickly
taken off books

EDITOR, The Tribune.

As a citizen of the Bahamas
I would like to put in my 5
cents worth on the controver-
sial matter between Customs
and the Aircraft Charter
Companies which are legally
operating a very much needed
service to the tourists that
come to the Bahamas as well
as to the Bahamian public
who would have a nightmare
travelling to the Family
Islands if it were not for these
charter services.

First and foremost if as I
am made to understand that
this law about Customs duty
on aircraft has always been
on the books then I suggest it
be very quickly taken off the
books because it has never
ever been made known to the
public since Independence
came to the Bahamas.

Therefore making it is a
gross injustice to all of a sud-
den to decide that you are
now going to try to collect
duties which for all intents
and purposes was not applic-
able in the first place.

I would be willing to bet a
fortune that there has not
been a Customs officer in the
Bahamas with the exception
of the top 3 or 4 (and I doubt
even they knew) during the
last 37 years of Indepedence
that had any clue that this

LETTERS

letters@tribunemedia.net



was a law on the books.

If this has been allowed to
exist in this manner with Cus-
toms officers on a daily basis
giving clearance to these air-
craft for all of this time and
not letting people know that
they were required to pay
duty then it cannot be fair and
just to now come and say they
are going to collect.

Besides all of this, there is
the nightmare of aircraft hav-
ing been in the Bahamas for
30 years or more and having
had three or four different
owners during that time span
and now the innocent person
who owns the aircraft is being
hounded to pay, when if Cus-
toms had known and been
doing their job the individual
who brought the aircraft in
would have had to pay the
duty in the first place and it
would not be a problem
today, because it cannot be
fair if Customs allowed some-
one else to break the law and
then decides to penalize me
for their negligence.

Civil Aviation is supposed
to be trying to clean up the
charter industry to ensure the
safety of the flying public, but

this is not the way to go about
this because the legal charter
companies have to spend a
small fortune to maintain
their aircraft and keep them
up to standards that can pass
Civil Aviation inspections in
order to keep a licence. While
the hackers do not maintain
their aircraft thus putting the
flying public at grave risk.

Also if it is fair for taxi
operators to be able to get
taxis duty free then it should
also be fair for legal charter
companies to get duty free
privileges as well because, as I
said before, they are supply-
ing a very necessary service
for tourists and Bahamians
alike.

Iam writing this letter so
that all fair-minded Bahami-
ans can see and know what
the true story behind all of
this hullabaloo is really all
about and give their support
for fairness and equality.

All who know me know
that I strive every day to
make sure that what belongs
to the Treasury legitimately
gets to goin the Treasury but
fairness must be given to all.

ABNER PINDER,
Spanish Wells,
Eleuthera,
December 4, 2010.

Let’s take back our basketball parks

EDITOR, The Tribune.

Our Bahamaland is in crisis. Crime is ram-
pant and some of our young people are seem-
ingly lost in a world uf decadence and deviant
behaviour.

But there is hope for a change and we can
start by taking back our basketball parks.

These basketball parks that are in our com-
munities should be safe zones, but as they are
now they are very unsafe. A basketball game
sometimes turns into a fight amongst the play-
ers, people use foul language and play music
spouting foul lyrics and there’s the smoking of
tobacco and marijuana cigarettes and the open
consumption of alcoholic beverages.

I say it’s high time we the people become
brave enough to take back our basketball
parks. How? What we need to do is make
these places Christian themed basketball parks.
By that I mean we need to repaint over all of
that gang graffiti and now erect billboard signs
displaying Biblical scriptures like the Lord’s
prayer, the 23rd Psalm and the ten command-
ments. We should also erect large, towering
crosses of concrete that can withstand the ele-
ments and time. Some of our people, though
misguided, still have a deep respect and fear of
God.

There should also be a sign of park rules:

1. No fighting

2. No cursing

3. No graffiti

4. No weapons

5. No loud music

6. No smoking

7. No alcohol

If these rules are abided by then these parks
will indeed become safe zones. There should
also be the placement of uniformed park war-
dens to help maintain order, control and dis-
cipline.

Further to this, the church must get involved
for it is often said that the church does not
take their message out into the community
anymore.

Therefore the churches in the areas of these
basketball parks should adopt them and hold
regular evening services at least twice per
week.

These services should be of a casual and
informal nature where the attendees may come
as they are and dressed as they are. Services
should be no more that 40 minutes long as
young people can become bored very easily
and quickly.

There would be the usual singing and
preaching but the preaching of the word must
take a tone that is soft spoken, kind and uplift-
ing. We must not preach down to the atten-
dees, raining down hellfire, damnation and
judgment upon them as this would be a turn-
off and they may not return.

There must be no collection of an offering as
these services should be focused on the giving
of the word not the receiving of money
because attendees may feel that the church is
only doing these services to take their money
which would be another turn-off.

At the end of each service there should be a
call-out to those in attendance who wish to
come forward and receive the cleansing of the
Holy Spirit and be born again thus setting
them on the right road in turning their lives
around. This is how we can change the minds
of our wayward youth. Phone and e-mail con-
tacts should also be given out for those wishing
to seek further counsel.

Yes there is a lot of talk out there but I feel
this is a plan of action in the right direction. I
am not a very religious person but I do recog-
nise the power that religion has and the impact
it can have on a person’s life.

These are desperate times and though this
plan may seem small I feel it can aid greatly in
making a positive change in our great Bahama-
land. Let us remember the song that says “it
only takes a spark to get the fire going.”

DEREK
Nassau,
November 29, 2010.

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THE TRIBUNE

MONDAY, DECEMBER 6, 2010, PAGE 13

LOCAL NEWS

UNMARRIED MOTHERS ACCOUNT FOR
MAJORITY OF BIRTHS IN BAHAMAS

FROM page one

births were to women aged
25 to 29.

Teenage mothers
accounted for about 12 per
cent of registered births.
Ten per cent of these births
were to girls under 15.

The majority (75 per
cent) of all registered
births were to mothers
whose usual residence is
New Providence.

In 2008, registered births
to non-Bahamian mothers
stood at 20 per cent. Just
over three quarters (79 per
cent) of the non-Bahami-
an mothers were of Hait-
ian origin.

The year 2007 recorded
the highest sex ratio of
male to female registered
births, reporting 105 boys
for every 100 girls born.

However, in 2008 a
decline of 97 boys to every
100 girl births were record-
ed.

There were a total of
1,863 deaths in 2008, result-
ing in a crude death rate of
Mortalities among the
male population continued

to be the highest at 1,026
while the incidences of
death for females stood at
837 in 2008.

Hypertensive and heart
diseases remained the
major causes of death
among men and women.

The second largest num-
ber of all deaths occurred
among persons with can-
cer.

Breast cancer in women
and prostate cancer in men
continue to be the two
major types of cancer
deaths.

Deaths caused by AIDS
declined for the second
consecutive year.

Infant immortality rate
increased slightly over the
previous year from 17.6 in
2007, to 17.9 in 2008.

A similar growth pattern
was registered for still-
births from 14.2 in 2007, tc
15.0 in 2008.

There were 1,969 mar-
riages recorded in the
Bahamas in 2008, which
showed a slight decline of
2.6 per cent from the pre-
vious year. The marriage
rate declined to 5.8 in 2008
from 6.1 in 2007.

DRUM BEAT HOLIDAY
EXTRAVAGANZA CONCERT

ON-SONG: Singers perform at the

‘Drum Beat Holiday Extravaganza Con-

cert’ held by the Royal Bahamas

Police Force in conjunction with the

National LEAD Institute and the PACE

Foundation at the National Centre for
e Performing Arts last nigh

Felipé Major/Tribune staff

- POLICEMAN SHOT BY
ANOTHER OFFICER
_ DIES OF INJURIES

FROM page one

? operation.”

Pressed for further

i details on the circum-
: Stances surrounding the
? incident at the time, Assis-
i? tant Commissioner of
: Police Hulan Hanna said
i he could provide no more
? information because it
: would risk compromising
i the police’s work.

“Officers were partici-

i pating in an operation in
? southwest New Providence
: when an officer was acci-
i dentally shot to the upper
: body by one of his col-
i leagues.

“This was a police oper-

i ation, we cannot say any-
? thing else about it. A lot of
? the work officers do are by
: nature covert, and if we
i comment on some of the
: things we have to engage
? in, it would compromise
; future operations,” he said.

A tribute to the officer

| § was expected to take place
: during the police’s “vari-
? ety concert” at the Nation-
: al Centre for the Perform-
? ing Arts yesterday evening.

SIR JACK HAYWARD VOICES CONCERNS
FROM page three

in their homes, they complained that their monthly bills were
still very high and suspected that the company was estimating
their bills based on past billings.

Sir Jack, who also owns a residence in Freeport, said he too
received a bill for over $600 although he had been off the
island for an extended period of time.

“We vacated it for a whole month, cut off all electricity: the
light, air condition, even hot water heater, and we still got a bill
for $625 when there is no one at the cottage at all,” he said.

Last Thursday, the G B Power Company announced that
Emera had purchased 55.4 per cent of MaruEnergy’s (a Japan-
ese based company) interest in the company, making it the
majority owner of the power company with a total interest of
80.4 per cent.

Emera CEO Chris Huskilson also announced plans to build
a new $35 million generating station to provide more reliable
and efficient power supply on Grand Bahama.

He also stated that the company will install two, one
megawatt wind turbine, early next year after a wind study on the
island which concluded that wind energy is possible.

“We want to make the island’s electrical system less reliant
on fossil fuel and less susceptible to variable fossil fuel prices,”
Mr Huskilson said.

Sir Jack was pleased by the news and called it “a real step
forward” for the power company. “It is great, we couldn’t be

DESIGNED TO TEST LIMITS

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i see Sema ss ie pee ay

more delighted in the Port Authority,” he said.

e SEE PAGE FIVE AND BUSINESS SECTION

RBDF FEARS AFTER POACHING ARRESTS

FROM page one

out for greater security mea-
sures against poachers —
most notably Dominican -—
who were said to “rape” and
“plunder” Bahamian waters
indiscriminately.

Those most affected called
for authorities to form an
international coalition to
crack down on companies
which profit from poaching
in Bahamian waters.

When a boat from the
Dominican Republic was
captured in October with
more than 25,000Ibs of ille-
gal fish, Myron Lockhart-
Bain, former chief counsel-
lor of Ragged Island, said
the only way to alleviate the
problem was to implement
stricter regulations which

affect the boat owners.

Mr Lockhart-Bain sug-
gested cooperation between
Bahamian and Dominican
governments to impose
stricter fines and sentencing
for poachers.

Brent Symonette, the
Minister of Foreign Affairs,
declined to comment on
whether or not there could
possibly be a diplomatic
solution to the poaching
issue.

However, Mr Symonette
said: “Obviously each coun-
try knows where its fishing
waters are. We have very
fruitful waters and we intend
on protecting our fishing
rights. At the end of the
grouper season, we
increased patrol in certain
areas and the recent arrests
are a result of that.”

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DESIGNED TO BE NOTICED





PAGE 14, MONDAY, DECEMBER 6, 2010

THE TRIBUNE



LOCAL NEWS

DETAINEE DESCRIBES ‘TERRIBLE’
EXPERIENCE AT DETENTION CENTRE

FROM page three

who remain inside.
Immigration Minister
Brent Symonette yesterday
promised he would have
some of the man’s claims
investigated — those regard-
ing the toilets — saying that if
true, this would be “totally
unacceptable.” He also said
he was “unaware” of a bed-
ding issue in the Detention
Centre, saying the last time
he visited there was bedding
provided for detainees.
However, he further
charged that “if conditions
are uncomfortable then peo-
ple shouldn’t break the law.”
“Those in The Bahamas
working illegally should reg-
ularise their status or leave
immediately,” said Mr

Symonette.

The detainee said his pre-
vious work permit had
elapsed, and he had applied
to the Department of Immi-
gration for a new one to be
issued.

His claims come over a
year and a half after the gov-
ernment commissioned a
report on conditions at the
Detention Centre following
repeated claims of abuse,
insufficient food and gener-
ally squalid living conditions
at the immigration holding

centre.

The government claimed
the findings of the review,
which involved a tour of the
facility by a number of gov-
ernment and non-govern-
ment individuals, including
psychologist Dr David
Allen, Social Services Direc-
tor Melony Zonicle,
Archdeacon James Pala-
cious, Royal Bahamas
Defence Force Senior Lieu-
tenant Frederick Brown and
Immigration Director Jack
Thompson, were that some

of those allegations could
not be substantiated while
other concerns would be
addressed.

Despite promises from
previous minister of state for
immigration, Branville
McCartney, that a report
commissioned into condi-
tions at the facility would be
released, it never has been.

In an interview with The
Tribune in April, Minister of
Immigration and Deputy
Prime Minister Brent
Symonette said he was
unsure if the report would
be released.

However, Mr Symonette
said at that time that as far as
he knew “there are no out-
standing issues at the Deten-
tion Centre.”

Yesterday, the detainee
told The Tribune that after
having been brought to the
Detention Centre at around
5.30pm, he and a number of
others were not fed anything
until the following morning.

For breakfast, detainees
were given “porridge with
weevils in it.”

“A lot of the people I
spoke to in there said that if
it weren’t for friends or fam-
ily bringing them food, they
would not have enough to
eat in general,” said the man.

A visit to the men’s bath-
room was a horrifying expe-
rience, he claimed.

“The toilets were blocked
and overflowing. There was
(faeces) everywhere. There
were no urinals, just a hole in

the wall where I guess it used
to be, and no toilet paper.
There was water leaking
from a pipe on to the floor.
You wouldn’t want to go
within five feet of those toi-
lets but if you were at that
end of the dorm you could
smell everything.

“There just looked like
there was so much potential
for disease to be spread
throughout the place,” said
the man.

Showers for bathing were
also located in the same area
as the toilets, making the
possibility of washing anoth-
er daunting prospect, he
added.

“IT met a Cuban man who
had been in there for six
months. Others had been in
there for a couple of years.
The Cuban guy said the
cleanest place was in the
wash-house where they had
a hose and so he used that to
shower,” said the man.

According to the detainee,
there were “no tables or
chairs” in the area, meaning
that even sitting down except
on the floor was a difficulty.

Meanwhile, the man heard
secondhand stories about the
alleged experiences of oth-
ers which were more
appalling than his own -
including claims of rape and
a woman who was haemor-
rhaging blood but went with-
out requested medical atten-
tion for “two or three days.”

“People said no-one
except the guards ever come
in to check on people’s
health or see how people are
doing,” said the man.

With around 70 people in
the Detention Centre at the
time he was admitted, there
were only around 50 beds.

“This meant that there



IMMIGRATION MINISTER
Brent Symonette

were a lot of people who
were not able to sit or lie
down, and there was no bed-
ding whatsoever.

“In weather like this, if
you didn’t have much to
wear, you would freeze,”
said the man.

Mr Symonette said the
government has been mak-
ing efforts to keep the num-
ber of people at the Deten-
tion Centre to a minimum
and recently the facility was
“almost empty” after a num-
ber of repatriations.

However, following the
destruction of one of the
dormitory buildings in late
2008 during an alleged arson
attack by a detainee, “only a
finite number of beds” are
available.

“When we do have appre-
hensions we can’t control the
numbers that we appre-
hend,” said Mr Symonette.

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



THE TRIBUNE



MONDAY, DECEMBER 6, 2010, PAGE 15

Supermarket

targeted in weekend
armed robberies

FROM page three

pings.

“They fled the area in a red
1997 Mitsubishi Montero
licence plate 118324, which
was stolen from outside the
establishment. A short while
later police recovered the
vehicle on Cordeaux Avenue
and Exuma Street."

One of the crooks was
wearing a white T-shirt and a
black pants, the other a multi-
coloured shirt and blue jeans.

At around 7.15pm, police
attended the scene of the next
reported armed robbery on
Lincoln Boulevard, south of
Wulff Road.

Sgt Skippings said: "A
female was inside her resi-
dence when she was
approached by a dark male
wearing a dark hooded jacket
with a scarf over his face,
allegedly armed with a hand-
gun, demanding cash. The cul-
prit robbed the woman of an
undisclosed amount of cash
and an ipod and fled the area
on foot in an unknown direc-
tion.”

A man arriving home at
3am on Williams Lane, in
Nassau Village, became the
next armed robbery victim

when he was accosted in his
driveway by a masked man
armed with a shotgun.

The robber demanded cash
but was told by the victim he
had none. The victim was
then approached by another
man armed with a handgun
who took his vehicle, a 2001
black Ford Ranger, licence
plate number 18393. The two
men fled the area in the vehi-
cle.

At around 8.20pm that day,
police recovered the truck at
the Texaco Service Station,
on Faith Avenue and took
two men, aged 23 and 40, into
custody in connection with
the incident.

Island Luck web shop on
East Street and Windsor Lane
was hit by an armed robber
at around 5pm on Saturday.
Police report that a dark-
skinned man with a gold
tooth, wearing a black-hood-
ed sweater and short blue
jeans, entered the building
and demanded cash.

He got away with an undis-
closed amount of money and
fled the area.

Meanwhile, it was around
6.20pm when three men
allegedly armed with high-
powered weapons
approached a woman security

guard at Cost Right foodstore
at the Town Centre Mall, led
her into the store and
demanded cash.

"The culprits robbed the
establishment of an undeter-
mined amount of cash and
fled the area on foot west on
to Graham Drive, Yellow
Elder. It is reported that one
of the suspects wore a red
jacket with red tennis shoes, a
black pants and a white T-
shirt,” said Sgt Skippings.

Just under an hour later,
police were called to another
armed robbery at Baillou HII
Road and Graham Drive.

Officers were informed that
a woman, while waiting at a
bus stop on Baillou Hill Road,
was approached by two men
one of whom was armed with
a knife.

The men robbed the
woman of her cell phone and
fled in a red two-door Honda
Accord. Two men, aged 19
and 22, are assisting police
with their investigations.

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Actor Alan Arkin
honoured at BIFF

B

GUCCI

Bahamas end of seson sale

International
Film Festival

FROM page three

young actress as being as professional and brilliant as anyone
he has ever worked with.

Having just finished three films and with an autobiographi-
cal book to be published in March, Mr Arkin has clearly not
slowed the pace of his expansive artistic career.

In a candid interview with fellow New York native Jeffery
Lyons, the host of the TV show Lyons Den, Mr Arkin divulged
some of the highlights and pitfalls of his experiences from the
stage to the silver screen, and then as a director, producer,
writer and musician.

Mr Arkin broke into showbusiness after he wrote Harry
Belafonte’s mega-hit The Banana Boat Song (also known as
Day-O), and went on to pursue his passion, a career in acting,
with the Second City improvisational troupe in Chicago.

From Chicago he went on to Broadway and won a Tony
award for his first stage role as the lead in Carl Reiner’s Enter
Laughing in 1963.

His first film performance as a Soviet sailor in the farcical
1966 comedy The Russians Are Coming! The Russians Are
Coming! won him an Oscar nomination, and in 1968 his lead
role in The Heart is a Lonely Hunter secured Mr Arkin his sec-
ond Oscar nomination.

His career continue to expand as he developed his skills as an
actor, director, producer and a writer, starring in films too
numerous to mention throughout the years into the new mil-
lennium.

After viewing the montage of his work, Mr Arkin said: “It’s
like looking back on a family album for me. I see things I
would like to have done better, but that’s good, it means I
have grown.

“Tt’s been the only thing I know how to do basically, and I
have got to make a living like everybody else in the world;
except for some people who live in the Bahamas,” he quipped.

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PAGE 16, MONDAY, DECEMBER 6, 2010

THE TRIBUNE



INTERNATIONAL NEWS

Iran claims nuclear
advance ahead of talks

ALI AKBAR DAREINI, AP
GEORGE JAHN, AP
TEHRAN, Iran

Iran delivered a resolute
message on the eve of talks
with six world powers: We're
mining our own uranium now,

so there is no stopping our
nuclear ambitions.

The Islamic Republic said
Sunday it has produced its first
batch of locally mined uranium
ore for enrichment, making it
independent of foreign coun-
tries for a process the West








































































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fears is geared toward produc-
ing nuclear arms.

No matter the U.N. sanctions
over the program, "our nuclear
activities will proceed and they
will witness greater achieve-
ments in the future," Iranian
nuclear chief Ali Salehi told
state-run Press TV.

Western officials downplayed
the announcement, saying it
had been expected and that
Iran did not have enough ore to
maintain the large-scale enrich-
ment program that Tehran says
it is building as a source of fuel
for an envisaged network of
nuclear reactors.

"Given that Iran's own sup-
ply of uranium is not enough
for a peaceful nuclear energy
program, this calls into further
question Iran's intentions and
raises additional concerns at a
time when Iran needs to
address the concerns of the
international community,” said
Mike Hammer, spokesman of
the U.S. National Security
Council.

Sunday's announcement
makes clear that Iran does not
consider uranium enrichment
to be up for discussion at the
talks beginning Monday in
Geneva. Tehran is determined
to expand the program instead
of scrapping it as the U.N.



(AP Photo/Vahid Salemi)

PRESS BRIEFING: lran’s top nuclear negotiator Saeed Jalili, right, speaks with media, during a press brief-
ing, in Tehran, Iran, Saturday, Dec. 4, 2010. A picture of Majid Shahriari, a prominent nuclear scientist,
is seen on the bottom of the podium, who was killed in a bomb attack on Monday, Nov. 29.

Security Council demands.

Expectations for the talks
had been low even before the
announcement, with Iran saying
it is prepared to discuss nuclear
issues only in the context of
global disarmament. Officials
from some of the six powers
have said they would be
pleased if negotiations yielded
no more than agreement to
meet at a later date to explore
common themes.

The ultimate aim of the U.S.,
Russia, China, Britain, France
and Germany is to commit
Tehran to give up enrichment
because of its potential use in
making nuclear arms.

The talks in Geneva — the
first in over a year — are meant
to lay the cornerstone for estab-
lishing trust. Tehran says it does
not want atomic arms, but as it
builds on its capacity to poten-
tially make such weapons, nei-

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ther Israel nor the U.S. have
ruled out military action if the
Islamic Republic fails to heed
UN. Security Council demands
to freeze enrichment and other
nuclear programs.

The talks are expected to
take two days. Saeed Jalili,
Iran's top nuclear negotiator,
will meet with EU foreign
affairs chief Catherine Ashton,
with Ashton's office saying she
will act "on behalf" of the U.S.,
Russia, China, Britain, France
and Germany. In fact, senior
officials for those six powers
will attend and do much of the
talking with Tehran.

Ahead of the talks, Western
officials urged Tehran to
address international concerns
about its nuclear activities.

Invoking possible military
confrontation over Iran's
nuclear defiance, British
Defense Secretary Liam Fox
said Saturday that the Geneva
talks need to make a serious
start toward resolving the issue.

"We want a negotiated solu-
tion, not a military one — but
Iran needs to work with us to
achieve that outcome," he said.
"We will not look away or back
down."

U.S. Secretary of State
Hillary Clinton said it was up to
Iran to restore trust about its
nuclear intentions, urging it to
come to Geneva prepared to
"firmly, conclusively reject the
pursuit of nuclear weapons."

German Foreign Minister
Guido Westerwelle said a
nuclear-armed Iran "was unac-
ceptable for us."

Sunday's announcement by
Salehi burdened the pre-talk
atmosphere, adding to tensions
left by the assassination last
week of a prominent Iranian
nuclear scientist and the
wounding of another.

Salehi, head of the Atomic
Energy Organization of Iran
and the country's vice presi-
dent, said Iran had for the first
time delivered domestically
mined raw uranium to a pro-
cessing facility — allowing it to
bypass U.N. sanctions pro-
hibiting import of the material.

Salehi said the uranium ore
concentrate, known as yellow-
cake, was produced at the
Gachin uranium mine in south-
ern Iran and delivered to the
uranium conversion facility in
the central city of Isfahan for
reprocessing.

Yellowcake is processed into
uranium hexafluoride, which
later can be turned into a gas
used as feedstock for enriching
uranium. Uranium enriched to
low grades is used for fuel in
nuclear reactors, but further
enrichment makes it suitable
for atomic bombs.

Salehi said the delivery was
evidence that the mysterious
bombings targeting the two
Tranian nuclear scientists would
not slow the country's progress.

"Today, we witnessed the
shipment of the first domesti-
cally produced yellowcake ...
from Gachin mine to the Isfa-
han nuclear facility,” said Sale-
hi, whose comments were
broadcast live on state televi-
sion.

Spain's airports recovering trom controller strike

HAROLD HECKLE,
Associated Press
MADRID

Spanish airports were back operating at normal levels Sun-
day after a 24-hour wildcat strike by air traffic controllers
caused travel chaos for hundreds of thousands of people on one
of the country's busiest holiday weekends.

The government quashed the strike Saturday, announcing an
emergency measure calling on the controllers to get back to
work or face the threat of jail time. Shortly after the measure
was implemented, controllers started trickling back to their
posts.

More than 4,000 flights were scheduled and out of 296 con-
trollers supposed to be working, 286 were at their posts,
enabling airports to "operate fully,” Spain's civil aviation
authority said.

The government implemented a "state of alarm,” normally
reserved for catastrophes such as earthquakes or floods, to
get planes back in the skies and clear chaotic airports clogged
with irate travelers who had seen their holiday hopes dashed by
the unannounced strike.

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THE TRIBUNE

MONDAY, DECEMBER 6, 2010, PAGE 17



Scientists aim to map and save endangered habitats

2
es

eee :

IAN JAMES,AP
CARACAS, Venezuela

From mangrove swamps in
Venezuela to lowland forests
in Indonesia, entire commu-
nities of plants and animals
are under threat. Now scien-
tists are figuring out how to
catalog and map the world’s
most threatened ecosystems,
just like their familiar lists of
endangered species.

Some experts say drawing
up a global "Red List” of van-
ishing ecosystems would help
them spot looming crises
caused by climate change, cut-
ting of forests and many oth-
er problems. The list also
would sharpen the focus on
areas that should be handled
as conservation priorities.

Along the shore of
Venezuela's Lake Maracaibo,
runoff filled with sediment
and pesticides has been
smothering animals that once
lived among the roots of the
mangrove trees, including
crabs, fish hatchlings and
shellfish, said Luz Esther
Sanchez, a marine biologist
and ecologist. She has been
studying such dead zones and
says saving the mangroves
requires a comprehensive
effort to reduce water pollu-
tion and halt the clearing of
other forests upstream.

"Declaring the mangrove
ecosystem threatened would
be very useful for conserva-



(AP Photo/Dita Alangkara, File)

CUT DOWN: In this Nov. 2, 2007 file photo, logs sit before being
transported as natural forest is seen on the right in Pangkalan Kerin-
ci, Riau province, on Sumatra island, Indonesia.

tion,” Sanchez said. "People
stand up to defend dolphins.
People stand up to defend
turtles. But I've never seen
them defend the mangrove
forest with the same vehe-
mence."

An international working
group of biologists and con-
servation experts has been
developing a system for clas-
sifying threats to ecosystems,
and in October presented an
initial blueprint at a U.N. con-
ference on biodiversity in
Nagoya, Japan.

"If we can get a good, rig-
orous scientific system in
place that is relatively easy to
monitor worldwide, ... you can
follow these changes and
describe them and ring the
alarm bell where things might
go wrong,” said Dutch con-
servation expert Piet Wit.

He chairs the Commission
of Ecosystem Management of

the International Union for
Conservation of Nature, or
IUCN, which maintains the
Red List of thousands of
threatened plants and animals
that is the international stan-
dard.

Some scientists caution that
agreeing on precise categories
to divide up habitats would
be a monumental task. But
many already agree on some
ecosystems that are threat-
ened or endangered, including
many coral reefs, salt marshes,
mountain habitats threatened
by rising global temperatures,
grasslands in southern Russia
and Brazil's Atlantic forest.

Logging poses a serious
threat to the lowland forests
on Indonesia's Borneo Island
that are home to endangered
orangutans. In the Andes,
expanding farmland has frag-
mented the cloud forests
where spectacled bears live.

(AP Photo/Ed Wray, File)
LOGGING THREAT: In this Nov. 5, 2006 file photo, Kessi, a young female orangutan looks at the stump
where her hand was cut off by plantation workers at an orangutan rehabilitation center in Palangkaraya,
Kalimantan, Indonesia. Logging poses a serious threat to the lowland forests on Indonesia’s Borneo Island
that are home to endangered orangutans and scientists are figuring out how to catalog and map the world’s
most threatened ecosystems, just like their familiar list of endangered species.










































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PAGE 18, MONDAY, DECEMBER 6, 2010

THE TRIBUNE



i+ 7"

Winfrey, McCartney in DC
for Kennedy Center Honors

BRETT ZONGKER,
Associated Press
WASHINGTON

When The Beatles were
storming America, Oprah Win-
frey had the band's poster on
her bedroom wall, Merle Hag-
gard was free from prison, Jer-
ry Herman was making Broad-
way sing and Bill T. Jones was
not yet a dancer but growing
up in a migrant labor camp.

On Sunday, these leading
artists who followed divergent
paths since the 1960s joined
Paul McCartney to receive the
Kennedy Center Honors. They
heard accolades from President
Barack Obama.

"Although the honorees on
this stage each possess a stag-

gering amount of talent, the
truth is, they aren't being rec-
ognized tonight simply because
of their careers as great lyricists
or songwriters or dancers or
entertainers,” Obama said.
"Instead, they're being honored
for their unique ability to bring
us closer together and to cap-
ture something larger about

who we are — not just as
Americans, but as human
beings."

Stars also were performing
as part of the nation's top prize
for those who define USS. cul-
ture through the arts. The pres-
ident and first lady Michelle
Obama had arrived and former
Secretary of State Colin Powell
was sitting with them in their
box.

NTERNATIONAL NEWS

HONOREES: Secretary of State Hillary
Clinton, left, talks with Kennedy Cen-
ter honorees for 2010 Jerry Herman,
Merle Haggard, Bill T. Jones, and Paul
McCartney while waiting for Oprah
Whitney to arrive for a group photo
after at a dinner held at the State
Department honoring the recipients
of the Kennedy Center Honors, in
Washington, on Saturday, Dec. 4,

2010.
(AP Photo/Jacquelyn Martin)



Gwen Stefani and her band,
No Doubt, were going to per-
form the Beatles' "Hello,
Goodbye.”

"It's so hard doing someone
else's song, especially a genius,"
Stefani said. Secretary of State



=

Hillary Rodham Clinton hosted
a dinner Saturday for the hon-
orees, along with visiting
celebrities, including Stefani,
Julia Roberts, Claire Danes,
Steven Tyler from Aerosmith.

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The guests also included veter-
an entertainers Carol Chan-
ning, Angela Lansbury and Sid-
ney Poitier.

Clinton marveled at the
diverse "genres and genera-
tions" of artists.

"Tam writing a cable about
it, which I'm sure you'll find
soon on your closest website,"
she joked after a week of deal-
ing with fallout from the Wik-
iLeaks release of confidential
diplomatic dispatches.

She also confessed to “sev-
eral waves of teen girl hyste-
ria" over The Beatles during
her youth. Clinton said McCart-
ney's life had connected peo-
ple around the world.

Channing said she was excit-
ed to perform for Herman.

"He's going to cry, I just
know it," said Channing, who
has been corresponding with
the president to press for fund-
ing for arts teachers.

The former Beatle, making
his second visit to Washington
this year for a culture award,
said the admiration is mutual.
In June, he won the Gershwin
Prize for Popular Song from
the Library of Congress.

"You know, great things just
come in bundles," he said. "I
am a big fan of this president,
and I think he's a great man
whose got some difficulties. ...
I'm very honored to be with
him and his family, and I'm also
a big fan of Hillary's, too."

Since the 1960s, the new
Kennedy Center honorees have
helped define television, dance,
theater and music.

For Winfrey, the prize comes
during the 25th and final season
of her talk show and just before
she launches her new cable net-
work, OWN, on Jan. 1. After
her Washington visit, she will
take about 300 members of her
audience to Australia for a
vacation over the holidays.

"You know what's interest-
ing is she spends her life cele-
brating others, but when it
comes time for her, she's very
reluctant really," Winfrey's best
friend Gayle King told The
Associated Press.

King said it was a fitting trib-
ute for Winfrey as a communi-
cator, actress, producer and
humanitarian.

"They're recognizing her
whole body of work," King





said. "She's not just a talk show
host."

Winfrey was one of the first
to support Obama in his presi-
dential run.

"What can I say about our
final honoree. Michelle and I
love Oprah Winfrey, personal-
ly love this woman," he said.
"And the more you know
Oprah the more spectacular
you realize her character and
her soul are, the more you
appreciate what a wonderful
gifted person she is."

Performers who will honor
Winfrey and the others will be a
surprise until they appear on
stage Sunday night, but Win-
frey has admitted she doesn't
like surprises.

At the State Department, the
ornate Benjamin Franklin room
was a swirl of Hollywood,
Nashville, New York and
Washington power players,
including President Bill Clin-
ton. Roberts said it was both
exciting and nerve wracking.
She said the mix of art and pol-
itics "can converge in a very
interesting way, so when it's
done right, it's really exciting."

After the honors were
announced in September,
Jones, the son of potato pickers,
said he could recall dreaming
of big things as a 9-year-old boy
in upstate New York.

He went on to create the Bill
T. Jones/Arnie Zane Dance
Company in 1982 after college
with his late partner Arnie
Zane. His work has tackled
racism, AIDS and other tough
issues, sometimes sparking out-
rage. Jones said he's often felt
like an outsider, yet he's being
honored for helping to shape
the country. His portrait also is
included in a current Smith-
sonian Institution exhibit, the
first to explore the impact of
sexual orientation on art histo-
ry. The exhibition has recently
drawn complaints from conser-
vatives.

"Someone asked me last
night how I feel and it was Julia
Roberts," Jones said. "I feel as
if it's a dream and I'm speaking
to Julia Roberts."

Opera singer Jessye Norman,
who toasted Jones’ work Sat-
urday, said she admired him for
being brave enough to stand
alone at times in his advocacy
on social and political issues.

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





THE TRIBUNE

uSINessS

MONDAY,

DECEMBER 6,

2010

Fund targeting $1m
bottom line swing

li BISX-listed Bahamas Property Fund prioritises getting vacant 18,000 sq ft at
Financial Centre rented, in bid to get CAM costs to bottom line

Mi ‘Optimistic’ some tenant deals will be closed in next few months, after 16% net
income drop, with Financial Centre and One Marina Drive 82% and 95% leased

Wi Looking at add ‘at least another $30-$40m’ worth of real estate to existing $54m
portfolio, as ambition to create $100m-strong business remains

lf Shopping centres and downtown Nassau redevelopment eyed as future
opportunities, although no talks being held with any potential seller



MICHAEL ANDERSON

By NEIL HARTNELL
Tribune Business Editor

The Bahamas Property Fund is hoping to
close leases for some of the vacant 18,000
square feet at its Bahamas Financial Centre
property within the next few months, in a bid
to flow an extra $990,000 per annum into its
bottom line, as it targets adding “at least
another” $30-$40 million worth of real estate
to its portfolio as opportunities arise.

Confirming that the BISX-listed fund had
targeted the creation of a $100 million-strong
real estate portfolio when it was formed in
2000, Michael Anderson, the Bahamas Prop-

BAHAMASAIR DENIES “WHISTLEBLOW'

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

Bahamasair has reached
an out-of-court settlement
with a former employee
days before her legal action
went to trial in the US
courts over allegations she
was dismissed for “whistle-
blowing” on US federal law
violations supposedly com-
mitted by the airline.

Bahamasair general man-
ager, Henry Woods, denied
the ex-employee’s claim that
the airline had “routinely”
violated US federal regula-



READY FOR TAKEOFF: A Bahamasair Dash-8 waits for departure.

tions stemming from 2001

Speaking to the claims of

erty Fund’s administrator, told Tribune Busi-
ness that the real estate investment trust
(REIT) was expected to generate a better
financial performance in 2011, as several
potential tenants it was in discussion with
were expected to sign long-term leases.

He also told Tribune Business that the
Bahamas Property Fund was interested in
diversifying its real estate holdings, moving
beyond the prime office properties it held
currently into high-end shopping centres,
while also eyeing long-term retail rental
opportunities that could ultimately result

SEE page 4B

FIRING

anti-terrorism legislation,
and refused to comment on
allegations that she was fired
for exposing alleged wrong-
doing on Bahamasair’s part
to the US authorities.

New Robin Hood
store ‘80% ready’

* Owner targeting soft opening this week, and
Prince Charles location will be ‘95% complete’

by Friday

* Hoping Christmas season will be ‘at least as

good as last year’

By NEIL HARTNELL
Tribune Business Editor

Robin Hood’s new Prince
Charles store is “probably 80
per cent” complete and on
target for a soft opening at
the end of this week, its pres-
ident and owner told Tribune
Business, adding that the
company was “expecting to
do at least as well as last year”
with Christmas sales at its
Tonique Williams-Darling
Highway location.

“T would say we are proba-
bly 80 per cent of the way
there, and hopefully by the
time next week rolls around, a
week from now, we will be 95

per cent of the way there. We
will be there,” Sandy Schaefer
told Tribune Business of the
Prince Charles store, which
will be located in the former
Pepsi-Cola manufacturing
plant.

“We’re trying for some sort
of soft opening at the end of
[this] week. We will be open
this month, but are not really
planning a groundbreaking
opening until mid-January.”

Mr Schaefer told Tribune
Business that there were “well
over” 100 construction work-
ers at the Prince Charles site,

SEE page 8B

PM hacks building inspection outsource

By ALISON LOWE
Business Reporter
Alowe@tribunemedia.net

Prime Minister Hubert Ingraham and the Bahamas Society of
Engineers president have thrown their support behind private
engineers being able to carry out building inspections in place of,
or in addition to, government inspectors, the latter arguing that such
a move would have a “really phenomenal” impact on expediting
development.

Speaking to engineers at the Bahamas Society of Engineers
(BSE) Engineering, Design and Construction Conference, Prime
Minister Hubert Ingraham said he was in favour of private sector
engineers being able to undertake building inspections and certi-
fication that “it now takes the Government of the Bahamas weeks,

SEE page 9B

US federal regulation viola-
tions by the national flag
carrier, Mr Woods said:

SEE page 8B

The information contained is from a third

| party and The Tribune can not be held
responsible for errors and/or omission
from the daily report

ae Een

BREITLING BOUTIQUE

OPERATED BY LITTLE SWITZERLAND
BAY STREET - PHONE (242) 326-8939

WWW. BREITLING.COM



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BREITLING

Water Corp:
Tereresteyem sit!
taken water
loss to 60%

* Government-owned Corporation targeting increased private
sector help to reduce non-revenue water to 23% by 2020

* Partners with Bahamas Renewable Energy Corporation for
solar/wind power solution to Eleuthera water plant, seeking
costs 25% below BEC

* Looks at outsourcing engineering department, and cutting

water loss losses of $13-$16 million in Nassau and $6-7m in
Family Islands

* Failure to act on water losses will force Corporation to
increase supply from 10.6 million gallons of water to

14.1 million in 2014, and 17.1m gallons in 2020

By ALISON LOWE
Business Reporter
Alowe@Tribunemedia.net

The Water and Sewerage Corporation is targeting an
increased level of private sector involvement in its opera-
tions, and is examining retrofitting its facilities with renew-
able energy, as it targets reducing non-revenue water from
a potential 60 per cent of its supply to 23 per cent by 2020.

Glen Laville, Water and Sewerage’s new general manag-
er, said additional outsourcing of its functions to private
companies will involve both the further construction and
operation of reverse osmosis plants, plus sewerage treatment

SEE page 6B

BIC’S SI5M NET CASH SET TO
COVER RESTRUCTURE COSTS

By NEIL HARTNELL
Tribune Business Editdor



Senior Cable & Wireless executives have confirmed that
the $15 million in net cash that they will inherit on the
Bahamas Telecommunications Company’s (BTC) balance
sheet will be used to at least partly cover the costs of the
downsizing/restructuring that will see the company’s work-
force reduced by 30 per cent.

Tony Rice, Cable & Wireless Communications (CWC)
chief executive, and Tim Pennington, its chief financial offi-
cer, disclosed this in a London conference call with analysts

SEE page 7B

BREITLING

IH STRUMENTS FOR PROFESSIONALSâ„¢





PAGE 2B, MONDAY, DECEMBER 6, 2010

THE TRIBUNE





By ROYALFIDELITY
CAPITAL MARKETS

It was another slow week of trad-
ing in the Bahamian stock market.
Investors traded in five out of the
24 listed securities, with all stocks
remaining unchanged.

EQUITY MARKET

A total of 57,300 shares changed
hands, representing an increase of
1,394 shares compared to the previ-
ous week's trading volume of 55,906
shares.

Commonwealth Bank (CBL) was
the volume leader last week, trading
a volume of 55,000 shares to nsee
nits stock price close unchanged at

$6.85. FOCOL Holdings (FCL) trad-
ed a volume of 1,000 shares to see its
share price close unchanged at $5.46.

BOND MARKET

Fidelity Bank Bahamas Series B
Notes (FBBSD) traded a volume of
$30,000 at par value.

COMPANY NEWS

Earnings Releases:

Colina Holdings Bahamas (CHL)
released unaudited financial state-
ments for the quarter ended Sep-
tember 30, 2010, reporting net
income available to common share-
holders of $2.6 million compared to
$5.3 million in the same quarter in
2009.

It was noted that both net premi-
um revenues and net policyholder
benefits were up quarter-over-quar-
ter.

Net premium revenues stood at
$28.2 million, increasing by $1.48
million, while net benefits paid
totalled $19.6 million, up by $4.1 mil-
lion.

CHL reported net investment
income of $8.2 million, an increase of
$2.4 million in comparison to the
prior quarter, while its expenses
reflected reduced changes in provi-
sion for future policy benefits of $3.5
million.

These climbed by $1.3 million.

CHL reported earnings per share
of $0.07 compared to $0.19 in the

comparative quarter, a decrease of
$0.12.

At September 30, 2010, CHL
reported total assets and liabilities of
$520 million and $406 million,
respectively, an increase of $21 mil-
lion and $11 million from year-end
December 31, 2009.

Focol Holdings (FCL) released its
audited financial results for the year
ended July 31, 2010. Net income
available to common shareholders
was $18.5 million, an increase of $3.4
million or 18 per cent compared to
$15.1 million last year.

Revenues stood at $267 million,
down $6 million or 2 per cent, while
cost of sales reflected a larger decline

of $11.9 million or 8 per cent to total
$216.4 million.

Gross profit totalled $50.5 million,
increasing by $5.9 million or 12 per
cent during the period.

It was noted that FCL's operat-
ing expenses for the period were
$28.4 million, up $2.2 million or 8
per cent in comparison to the prior
year.

Earnings per share for the year
were $0.47, up $0.10 when compared
to $0.37 in the comparative period
last year.

Total assets and liabilities at July
31, 2010, stood at $136.8 million and
$23.7 million respectively, compared
to $126.6 million and $33.9 million at
July 31, 2009.

Week ending 03.12.10

o = BISX YTD PRICE
Vie e 2 1 10 a ] a SYMBOL CLOSING PRICE WKLY PRICE VOLUME CHANGE
AML $ 1.01 $- 0 -13.68%
. BBL $ 0.18 $- 0 -71.43%
BOB $ 4.90 $- 0 -16.95%
BPF $ 10.63 $- 0 -1.02%
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9 Currency Weekly % Change
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EUR 1.3421 1.33
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Commodities Weekly % Change
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THE TRIBUNE

MONDAY, DECEMBER 6, 2010, PAGE 3B



PM pledges reform

to ‘lowest bidder’

Says ‘too much wastage of public resources’ in public works and contract
tendering, and government must stop tendency to go with lowest offer

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

Complaining that “too
much wastage of public
resources” take places as a
consequence of how the Gov-
ernment contracts out public
works, Prime Minister Hubert
Ingraham pledged that
reforms must be introduced
to the process.

The Prime Minister said it
was “very difficult” for the
Government to ensure pro-
jects do not end up costing it
more than it had anticipated.

Speaking at the Bahamas
Society of Engineers Engi-
neering, Design and Con-
struction conference on Fri-
day, Mr Ingraham said: “We
have got to discontinue the
practice of saying we will
automatically award a job to
the lowest tender, and we
have also got to put some con-
ditions down on what quali-
fies you to tender on this job.



“We've
got to stop
wasting
public
resources
because
there’s a
lot of
wastage
that goes
on in the
contract-
ing by the
Government of the Bahamas.
A lot of wastage. It’s very dif-
ficult for the Government to
say this job is going to cost
$100 and for it not to end up
costing $150, and we’ve got
to find a way by which we can
do something about that.”

In an interview with Tri-
bune Business after the con-
ference, Minister of Works,
Neko Grant, said it has been
“an assumption” rather than
something in law which has
typically guided the Govern-
ment towards selecting the
lowest-cost contractor when

HUBERT
INGRAHAM

awarding public contracts that
have been put out to tender.
However, echoing Mr
Ingraham, he stated that gov-
ernment must be “sensible”
in this regard, as this can
“sometimes get ourselves and
the contractor in trouble”.
Asked about the Prime
Minister’s comments, Mr
Grant said: “It’s not always
awarded to the lowest bidder.
There’s a benchmark and we
allow a 15 per cent plus or
minus, and so we look at the
bid. If it’s too low we simply
cannot award it because we
would’ve calculated in house
what it should cost. In award-
ing it to the lowest bidder we
can sometimes get ourselves
and the contractor in trouble.
“Tf it’s thought he’s unable
to do the job for the money
bidded, then we’ve got to be
sensible, look at what we’ve
estimated the contract to cost
and then award the contract
accordingly. If it’s out of the
plus or minus 15 per cent

8m project on target





LUXURIOUS: Main floor.

The Bahamian develop-
ment company behind the
$8 million Dunmore Court
community of 28 luxury
homes in southwestern New
Providence has said the pro-
ject is on target, with Phase I
slated for an early 2011
opening eight months after
ground was broken.

"We are very pleased with
the progress of the develop-
ment,” said Vhaul Thomp-
son, its owner.

"We have worked hard to
stick to schedule and to bud-
get, while maintaining our
quality of construction every
step of the way.

“We are so proud of this.
In fact, we hope Dunmore
Court will be used as a mod-
el of what an all-Bahamian
owned, designed and built
project can be.

“We want to be the stan-
dard bearers for high-end
Bahamian-built residential
communities and inspire
others."

for early 2011 opening

When news of the Dun-
more Court project first
unfolded, it was considered
an indicator of confidence
in a recovering economy.

"There has been tremen-
dous interest in Dunmore
Court, which is a good eco-
nomic indicator," said real-
tor Sidney Bethell, Mario
Carey Realty.

Interest

"A number of factors con-
tribute to the interest.

“The townhomes them-
selves are extremely attrac-
tive.

“Each home is three
storeys, with an interesting
lay-out and generous 2,200
square feet.

“Right pricing is always a
predictor of success and at
$499,000, Dunmore Court is
priced right," said Mr
Bethell.

"Location is a major fac-
tor. Dunmore Court is min-

&

| 4 a - = =
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he ll a aie!
A r ; aoe F '
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i 1 rl
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7. 5 == = .
lesa
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Metro
ah ‘i
Pon Phi af
’
ii

utes from the new Albany
resort and residential com-
munity, and not far from
Lyford Cay. With investors
including Joe Lewis, Tiger
Woods and Ernie Els,
Albany promises to put
southwestern New Provi-
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that it never has been
before."

Phase I of Dunmore
Court consists of the first of
seven buildings, each with
four residences.

Colon
Comf

range then the flags go up.”

Acting chief mechanical
and electrical engineer in the
Ministry of Works, Bradley
King, noted that at present
the only requirements that
exist for a contractor wishing
to bid on a government pro-
ject are that they must be up
to date and in complhance
with their National Insurance
Board contributions, they
must have a business license
and show the ability to take
out public liability insurance.

This may make it harder for
the Government to determine
whether or not the contrac-
tor will be genuinely able to
do what he has suggested he
can do for the price he has
put forward.

“The lowest bidder might
not be the best bidder. You
can have a lot of problems,
expenses, delays...so it ends
up costing more in the long
run,” said Mr King of some
of the problems that can be
encountered.

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PAGE 4B, MONDAY, DECEMBER 6, 2010

THE TRIBUNE



FROM page 1B

from downtown Nassau’s
revitalisation.

Describing the Bahamas
Property Fund’s perfor-
mance for the first nine
months of 2010 as “not great
and not bad”, Mr Anderson,
who is also RoyalFidelity
Merchant Bank & Trust’s
president, said the fund con-
tinued to be affected by hav-
ing to carry Common Area
Maintenance (CAM) costs
for the 18,000 vacant square
feet at the Bahamas Finan-
cial Centre.

This had resulted in the
Bahamas Property Fund’s
other expenses increasing to
$768,983 for the nine
months to September 30,
2010, an increase of 28.4 per
cent compared to the
$598,840 incurred the year
before.

The other drag on the
company’s performance is
the ‘cash flow neutral’
nature of its Providence
House acquisition, the deal
having been financed by a
six-year, $3.5 million pref-
erence share that has
increased the Bahamas
Property Fund’s dividends
year-over-year by more than
$204,000 - from $58,333 to
$262,500.

Pointing out that CAM
carrying costs at the
Bahamas Financial Centre
had also risen as a result of
higher electricity prices, Mr
Anderson said: “We haven’t
managed to rent any of the
space in the last quarter, so
it’s still more of the same.

Fund targeting $1m
bottom line swing

“The CAM costs we have
are slightly higher. Electric-
ity, as an example, is a lot
higher today than it was a
few months back, so there’s
been an increase in CAM
costs.”

The RoyalFidelity chief
said vacant space at the
Bahamas Financial Centre
had increased slightly by “a
few thousand square feet”
between year-end 2009 and
now, with “one or two of the
smaller clients having left”.

“The trick is to get the
space at the Financial Cen-
tre rented, and what we’ve
seen over the last few
months is an interest in that
space. There are a few peo-
ple we hope to finalise
things with in a month or
so,” he added.

“We’re optimistic about
getting that space rented in
the next few months. The
whole aim for the Property
Fund in the next year, or as
soon as we can, is to get that

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“Ten years ago we looked at having a
$100 million property portfolio, and
currently we have around $53-$54 mil-
lion, so we’re looking at adding at least
another $30-$40 million. I think a $100
million portfolio would be a good port-

folio to have.”



rented and turn it into the
bottom line.

“When you take 18,000
square feet at the Financial
Centre, it’s where we’ve
really got to be focused. It’s
such a big piece of space.
The Financial Centre is
100,000 square feet, so
18,000 square feet may not
sound too much, and it’s still
82 per cent rented.”

Detailing the impact the
vacant space was having on
the Bahamas Property
Fund’s profitability, Mr
Anderson said the increased
Financial Centre CAM costs
came straight off its bottom
line. With CAM costs, inclu-
sive of square footage, about

Michael Anderson

$55 per square foot per
annum, Mr Anderson said
that multiplying this by the
18,000 square feet vacant
gave a figure of $990,000 -
what the BISX-listed fund
was currently incurring in
increased costs and lost prof-
it.

The RoyalFidelity presi-
dent added that the
Bahamas Financial Centre
tenant search was likely to
be aided by “a general sense
that the economic environ-
ment is picking up”, which
might encourage companies
that had deferred relocation
plans to move them back to
a priority agenda.

Of the fund’s other two

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properties, One Marina Dri-
ve on Paradise Island was
95 per cent rented, Mr
Anderson said, another
smaller tenant having
departed, while the
Bahamas Property Fund’s
shareholders should start to
see some benefits from the
Providence House purchase
coming through from year-
end 2011 onwards.

This was because the lease
on that property, which is
occupied by the Pricewater-
houseCoopers (PwC)
accounting firm, expires at
year-end 2011 and is due to
be renegotiated - with an
improved monthly rental
payment likely - starting in
mid-June.

Mr Anderson conceded,
though, that it would be
“four-and-a-half years
before we see the real bene-
fits of that purchase”, as that
represents the period for
which the $3.5 million pref-
erence share issue has to
run, although there would
be “some improvement next
year as the lease gets
renewed”.

The Bahamas Property
Fund’s rental revenues are
running 1.5 per cent ahead
of 2009 comparatives for the
first nine months of 2010,
standing at $3.068 million
compared to $3.023 million
the year before, with total
revenues up by a similar
margin. This will have been
aided by the 2-3 per cent per
annum rental increases built
into the contracts of most
Bahamas Property Fund
tenants.

Although interest charges
came down as the Bahamas
Property Fund continued to
pay down on its debt, the
CAM costs and preference
share dividends pushed
operating expenses up by
just over 25 per cent, from
$1.324 million the year
before to $1.66 million.

As a result, funds from
operations dropped by 16.2
per cent to $1.447 million,
compared to $1.726 million
for the nine months to Sep-
tember 30, 2009. As a result,
net income dropped by 16
per cent, from $1.6 million
to $1.345 million.

But despite the latest
financials, Mr Anderson said
the Bahamas Property Fund
had “great potential” to
make acquisitions as the
commercial market recov-
ered. This was due to the
fact that debt accounted for
just 25 per cent of its capital
structure, the rest being
equity, giving it a one:three
debt/equity ratio.

“There’s nothing really
out in the market,” Mr
Anderson conceded.
“We've been told about a
couple of properties that
may come to market, but

we're not currently in nego-
tiations with anyone.”

He added, though, that
“downtown may represent
some opportunities for the
Property Fund” to diversify
into ownership of properties
where there were long-term
retail tenants, exploiting the
interest of investors such as
the Dart Group and the
revitalisation project to
make the switch from being
purely a commercial office
space owner.

Believing that with the
assistance of Baha Mar, the
Bahamas is “going to come
out of recession a little ear-
lier than other countries”,
Mr Anderson said that while
a move into shopping cen-
tres was also being eyed, the
Bahamas Property Fund
would continue to focus on
long-term tenants, rather
than residential properties
where leases tended to be
shorter term.

“We are patient property
owners, and believe long-
term that we will build a
decent portfolio of proper-
ties,” Mr Anderson said.
Referring to the recent
failed effort to purchase the
UBS (Bahamas) properties
on East Bay Street, he
added that the Bahamas
Property Fund will “just
back away from properties
where we _ feel the
risk/reward is not adequate”.

“Ten years ago we looked
at having a $100 million
property portfolio, and cur-
rently we have around $53-
$54 million, so we’re looking
at adding at least another
$30-$40 million. I think a
$100 million portfolio would
be a good portfolio to have,”
Mr Anderson said.

The key to successful
property development, he
explained, was to ensure any
debt financing was paid
down quickly, thus keeping
interest payments to service
that debt below rental
income.

“T think we will see an
improved performance,” Mr
Anderson said of the
Bahamas Property Fund’s
2011 prospects. “The econ-
omy is going to be
improved, and we have ten-
ants we are discussing
opportunities with. Some of
those we believe will come
through, so next year will be
a better year for us.”

He added that the
Bahamas Property Fund
had placed Caribbean real
estate purchases “on the
back burner” for the
moment, having looked at
the possibility a year ago, in
favour of focusing on the
Bahamas. But should such
opportunities arise in the
longer-term, Mr Anderson
said they would be assessed.

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



THE TRIBUNE

MONDAY, DECEMBER 6, 2010, PAGE 5B





Sir Jack hits out on Babak work permit

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - Sir Jack
Hayward, one of the princi-
pal owners of the Grand
Bahama Port Authority
(GBPA), said the Govern-
ment’s decision not to renew
the work permit of former
chairman Hannes Babak has
left the organisation “leader-
less”.

Sir Jack also noted that
some of the big projects that
Mr Babak was working to
bring to Freeport are now
“gathering dust”. He said the
Port Authority was doing its
best to improve the economy
of Freeport.

“We are working on
things,” he told reporters on
Friday at a press conference
announcing the Port’s plans
to start construction of a new
$4 million bridge at the Grand
Bahama Highway.

“We are a bit leaderless
without Hannes Babak, who
has been denied a work per-
mit, of course, without any
explanation.”

Sir Jack said Mr Babak had
been working on bringing sev-
eral major projects for
Freeport, including an LNG
plant, a second rock dredging
company, a refinery, and a
new cement plant.

“The projects are gathering
dust. He flew to Texas sever-
al times for an LNG plant to
provide cheap electricity to
Grand Bahama, Abaco, and
also for export to Florida.
That was one project that was
looking very promising,” Sir
Jack said.

“But the Government
denied his work permit, no
explanation to me or to us
(the Port); just did it arbitrar-

ily. I think one man, I don’t
think the Government, but...
we are missing, obviously, his
input and we need that; we
need someone.”

Mr Babak, a native of Aus-
tria, was appointed GBPA
chairman on June 1, 2006. His
work permit expired in
December 2009, and was not
renewed by the Government.

According to an article
published in January in Tri-
bune Business, Prime Minis-
ter Hubert Ingraham himself
confirmed that he had per-
sonally informed Mr Babak
during a meeting at which Sir
Albert Miller was present that
the Government would not
renew his work permit, as it
did not believe he was the
right person to chair the
GBPA.

When asked whether there

Ae,
: Shopping Cante,

&
.

would be a replacement for
Mr Babak, Sir Jack said there
are no plans at the moment
to replace him.

He said the Port Authority
currently holds only one work
permit. He said the compa-
ny’s application for a second
work permit for the position
of special projects was also
denied.

“We have one work permit
in our organisation (Graham
Torode, president of DEV-
CO), we have over 250
Bahamian employees and...I
think that’s a hell of a good
record,” added Sir Jack.

“When we applied for
another work permit for Chris
Johnston it was denied. We
wanted him for special pro-
jects... to supervise the bridge
(construction). He is an engi-
neer of 22 years with Hutchi-

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Logicar Inc. supplies automotve products to more than 22 countries in the
Caribbean and Latin America. The company is seeking a partner to sell their
European quality Automotive Paints, Auto Body Supplies and Alloy VWWheels

Interested partias must have the financial resources and experience in

distributing to the Auto Body and Automotive Industry.

For more information contact:

Alberto Martinez at 1 (305) 685-8044
or email albertomartinez@autometiveart.com

Let’s go a caroling in

the East!

The Annual Christmas Carol and Tree

Hosted By

Lighting Ceremony

The Eastern Community Association

In conjunction with

The Ministry of Youth, Sports and Culture

Featuring: the Royal Bahamas Police Force Band,
The Eastern Community Pacesetters Youth Band,
Choirs, Soloists and Dance Groups.

Friday, December 10, 2010

7:00 pm
Library Grounds

Elizabeth Estates & Prince Charles Drive

Don’t miss the official start of the
Yuletide Season in the East!

son Whampoa, and he
worked seven days and had
to leave.”

Sir Jack stressed that there
is an urgent need for an alter-
nate bridge, as the Casuarina
Bridge is now old and the
only causeway connecting
Freeport and East Grand
Bahama.

When asked his opinion on

the state of the Grand
Bahama economy, Sir Jack
said he hopes it is improving.

He noted that one of the
hindrances has been the high
cost of power and frequent
outages that have affected
major businesses on the
island.

“We are doing our very
best. I don’t know that the

Government is doing their
best,” he commented.

“T like the building (the
new government complex
under construction), I think
it is terrific. We gave them the
site free of charge, but what
they are doing to stimulate
the economy, I don’t know.
We are doing our very best.”












































FOR SALE

by owner

Twin Catdiesel 800 hrs
Fully loaded,GPS,Depthfinder,Chartplotter,
autopitot,2xVHF radio ete
Cruise speed 25 mph fuel burn.?7mpg
Vessel must be seen to be appreciated berthed at
Port New Providence

$125,000 ONO

Callfor appointment for viewing
359-1079

Bahamas Pulilig Services) Uno

COMPARATIVE SALALRIES
F M
V5.
ROYAL BAHAMAS POLICE FORCE [RBPF}

As a result of a number of Customs and Immigration Officers statements of not being
paid on par with the Royal Bahamas Police Force (RBPF) Department which they said
would be acceptable, in order to accept a shift system. In addition to receiving a shift
allowance of $125 per month, shift premiums of .40 to .60 cents per hour and health
insurance which costs a minimum of 5400.00 per officer,

We now wish to show the beginning of Salary Scales as was compared to rank and

based on level of responsibility. Because of the amount of Police Officers, we agreed

to fewer steps in the salary scabes for Customs and Immigration ranks. See Below:
COMPARATIVE SALALRIES

DEPARTMENTS OF CUSTOMS/IMMIGRATIONS vs. ROYAL BAHAMAS POLICE FORCE (RBPF)

Rank
Customa/lmmigration
Officers

Rank
Old Salary | AoyalBahamas Police | Current Salary
Force

Current Salary
(Now.0)

Trainee Contam Revenue Off, =| S18,000 516,050 Recruit $18,000

Trainee iremipration Officer
$17,650 $21,350
lncrement S600

Police Gometable

$21,250
_lnerement Sen) |

Customs Revenue Officer ll
Immigration Officer Il
$09,050 $28,250
ncrement S600

528.450
Increment S600

Customs Revenue Officer |
Immigration Officer |

Police Corporal

$23,100 $31,950

inorement S600

$33,650
Increment $600

Senior Customs/ Revenue Officer Police Sergeant

Seniar Immigration Officer

$38,400
increment $700

Police Grief
Inegector

Chief Custos Revenue Officer
Chief Immigration Officer

539,150
_Increment 5700 |

$31,550

504,050

Increment $700

$36,050 $42,350

increment S600

Customs Revenue
Superintendent

Police Deputy
Superintendent

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



PAGE 6B, MONDAY, DECEMBER 6, 2010

THE TRIBUNE



ae a a D
Water Corp: Inaction will

taken water loss to 60%

FOR SALE

All that piece parcel or lot of and
Known as upper East Channel Cay
and being approximately — eighty
nine (89) acres and situate in the
vicinity of Gray’s Settlement,
Long Island, Bahamas

Phone: 393-6787 / 324-2615
Fax: 324 - 2615



=a
ee

4 INSURANCE SERVICES REPRESENTATIVE
(PATIENT FINANCE)

QUALIFICATIONS

Associate degree in Business or related studies

3-5 years experience in claim management/verification preferred

Excellent communication and interpersonal skills

Excellent computer skills (Spreadsheets/database management)

Knowledge of CPT-4 coding, ICD-9 and HCPCS preferred

Ability to consistently manage multiple priorities and adapt easily in a rapidly
changing environment

¢ Strong organizational, problem solving and decision-making skills

¢ Good oral and written communication skills

POSITION SUMMARY
The successful candidate will:

¢ Be responsible for managing and monitoring a portfolio of insurance claims
from various insurance companies and other third party payers;

¢ Develop favorable working partnerships and relationships with insurance
company and other payer’s representatives to facilitate reimbursement for the
facility;
Monitor admissions to the facility
Follow-up on delinquent accounts as needed
Communicate with internal and external customers on a regular basis;
Interact daily with various insurance companies and other third party payers;
Provide management with monthly status reports of outstanding receivable
balance;
Continuously participate in performance improvements to enhance service to
our customers throughout the facility.

Salary commensurate with experience

Excellent benefits

Please submit letters to: Human Resources Department
Doctors Hospital | RO. Box N-3018 | Nassau, Bahamas

DHE

EXPRESY

CAREER OPPORTUNITY
Courier

Wea DAL Eapress Batamas. a leading workivade imreporation company are sccking
to eqpand agoressrecly in the raarketplace and have an mmedinie need fora Counet [or
ver Naszay office, This pean will be full tine and will report to the Operations

FROM page 1B

facilities, with the Corpora-
tion paying these companies
for their services - whether it
be measured gallons of water
produced or gallons of sew-
erage treated.

Meanwhile, the Corpora-
tion is further considering fol-
lowing in other utility compa-
nies’ footsteps and divesting
itself of its engineering
department, only to buy back
their services on a contractu-
al basis. Mr Laville updated
engineers of these develop-
ments at the Bahamas Soci-
ety of Engineers’ first engi-
neering and design confer-
ence on Friday at the Shera-
ton Nassau Beach Resort. He
said such developments with-
in the Water and Sewerage
Corporation could enhance
work opportunities for pri-
vate engineers.

“The idea is that typically
the private sector does things
more efficiently, and until we
reach a point where we can
do things more efficiently it’s
better to have the private sec-
tor do those things that they
are experts in. They can do
things less expensively and
the only thing we need is the
water. If you can do it effi-
ciently, and meet certain
expectations then we can
work with you,” said Mr Lay-
ille. Speaking of the potential
for the further involvement
of renewable energy in the
Corporation’s operations, Mr
Laville said that whether or
not retrofitting of its plants
with sustainable power
sources will go ahead depends
in large part on the success of
a new partnership with the
Bahamas Renewable Energy
Corporation, which is
installing a solar and wind
power facility on to a new
15,000-gallons-a-day desali-
nation plant being constructed
to service Tarpum Bay and
Rock Sound, Eleuthera.

The plant, which is being
developed by - and is to be
owned and operated by -
General Electric, is set to
come on stream in around
five months’ time.

“We hope that this will be a
model for the future. If this
is successful we can move to
some other plants and start
retrofitting them to use
renewable energy. We have
a 25-year contract with (RE
Corporation Bahamas), and
they are guaranteeing giving
us a rate for power that is 25
per cent below what the BEC
rate is,” said Mr Laville.

Mr Laville said the
increased need to obtain
water through desalination
rather than shrinking ground-
water resources has driven the
increased private sector
involvement in the Corpora-
tion’s operations. Storm

surges from hurricanes, which
introduced increased levels of
salt into the groundwater, as
well as encroachment into
aquifers by developments
throughout the Bahamas, are
a major threat to already lim-
ited groundwater supplies.

The Water and Sewerage
Corporation is at present
applying to the Government
to have an area of land with
significant water reserves pre-
served in Spring City, Abaco,
as it is threatened by devel-
opment in the area - including
from a nearby government
subdivision.

The Corporation already
gets 70 per cent of the water it
supplies in New Providence
from reverse osmosis plants,
with the other 30 per cent
coming from limited well
fields in New Providence and
being barged from well fields
in Andros. It expects the
amount coming from reverse
osmosis to rise to 90 per cent
in New Providence in the next
several years.

Desalinated water is pro-
duced from around 20 plants
throughout the Bahamas, and
three main suppliers.

“Everyone seems to think
we have quite a robust ground
supply throughout country
but that’s not the case. There
are only three islands with a
very satisfactory supply -
Abaco, Grand Bahama and
Andros,” said Mr Laville.

The Corporation is also
considering entering into a
“build, own, operate” contract
with a private firm to handle
some of its sewerage opera-
tions.

“The idea is that the pri-
vate sector puts up all financ-
ing and operates and owns the
plant and we pay them on a
per thousand gallon basis,”
said Mr Laville.

And it is aiming to pin
down a contractor soon to
begin addressing the critical
and worsening problem of
non-revenue water for the
Corporation - water lost
through leakage, theft or oth-
er means.

This currently amounts to
around 52 per cent of all
water the Water and Sewer-
age Corporation puts into the
system in New Providence,
and 50 per cent in the Family
Islands, costing the Corpora-
tion between $13-$16 million
here in Nassau and $6-7 mil-
lion in the other islands annu-
ally. Through an $80 million
contract it is intended that
steps will be taken to reduce
the amount of water lost per
day from 5.5 million gallons to
2.5 million in New Provi-
dence, with this being
achieved over five years and
maintained for a further five
under the terms of the con-
tract.

“In 2005, we did a test per-
formance-based contract. A

NOTICE

contractor came in and guar-
anteed a reduction of $1 mil-
lion gallons a day of non-rev-
enue water. If they did not do
that, they had to provide us
with one million gallons of
free reverse osmosis water.
We are now looking to put
that project on larger scale,”
said Mr Laville.

“This will be done over five
years, and then in the final
five years they will have to
maintain those savings.

“That will cost in the region
of $70-80 million, but we will
have saved that same amount
by not having to buy that
water to sell to our cus-
tomers.”

If such steps are not taken it
is projected that non-revenue

water will increase greatly. At
present, the Corporation puts
around 10.6 million gallons of
water into the supply system
daily, and 5.5 million never
reach the customer. It is pro-
jected that by 2014, if noth-
ing is done, the Corporation
would have to put around
14.1 million gallons a day into
the system to get the same
amount of water to cus-
tomers, while by 2020 this
would increase to 17.1 mil-
lion.

“The target under this con-
tract is that by 2020, instead of
non-revenue water of 60 per
cent, you'll have about 23 per
cent. By international stan-
dards that’s quite acceptable,”
said Mr Laville.

COMMONWEALTH OF THE BAHAMAS 2009

IN THE SUPREME COURT CLE/QUI/000647

COMMON LAW AND EQUITY DIVISION

IN THE MATTER OF all that eS or parcel
of land comprising of lot Number 23 in Block
Number 7 in the Englerston Subdivision
in the Southern District on the Island of
New Providence, one of the Islands of the
Commonwealth of The Bahamas

AND

IN THE MATTER OF the Quieting Titles
Act, 1959

AND

IN THE MATTER OF the Petition of the
Bahamas Development Bank, Sean Gibson
and Estell Gibson

NOTICE OF PETITION

The Petition of the Bahamas Development
Bank, Sean Gibson and Estell Gibson, all of the
Island of New Providence, one of the Islands of
the Commonwealth of The Bahamas in respect
of:

“ALL THAT piece or parcel of land comprising
of Lot Number 23 in Block Number 7 in the
Englerston Subdivision in the Southern
District on the Island of New Providence,
one of the Islands of the Commonwealth of
The Bahamas, which said piece parcel or
lot of land has such position shape marks
boundaries and dimensions as are shown on
the plan filed in this matter and is delineated
on that part of the said plan coloured Pink.”

NOTICE IS HEREBY GIVEN that the
Bahamas Development Bank, Sean Gibson
and Estell Gibson claim to be the owners in fee
simple in possession of the said land and have
made application to the Supreme Court of the
Commonwealth of the Bahamas pursuant to
the Quieting Titles Act, 1959 (Chapter 393) to
have their title to the said land investigated and
the nature and extent thereof determined and
declared in a Certificate of Title to be granted by
the Court in accordance with the provisions of
the said Act.

NOTICE is hereby given that DWIGHT ANTONIO MILLER of
P.O. Box AB-20662, Marsh Harbour, Abaco, Bahamas,
is applying to the Minister responsible for Nationality and Citizenship,
for registration/naturalization as a citizen of The Bahamas, and that any
person who knows any reason why registration/naturalization should
not be granted, should send a written and signed statement of the facts
within twenty-eight days from the 6" day of December, 2010 to the
Minister responsible for nationality and Citizenship, P.O. Box N-7147,

Supervisir,

General Responsibilities AND TAKE NOTICE that copies of the Petition
and a plan of the said land may be inspected
during normal office hours at the following
places:

Linder tight deadlines, dimes vehicle ta customer sites as required to puck up and delrven
documents aed peckeoes.to and front. cemoners aceeeding established procedures, in
iil weather conditions. Picks up, handles and delivers time senative documents and

packers in sale and punctual manmer considerag traffic paticras, abematree rowles,
traffic regulations, aed driving conditions. in ander io meet conterset and DHL time
requirenients, Essures all delivery material received ts safely delivered to cortect
consignee. (persis a scanner to recond shipping and package inftemation fee all
documens!packapes pioced ep of delivered. Reports any suspected breach of secenty or
unusual happenings to supervece (nimediaich, Maintains good work habits, including
reporting to werk on tine-and adhering to standard work and sefiety proederes

MINIMUM QUALIFICATIONS:

* High school or voeatomal diploma
Valid [ntermerdiate bevel driver's hoenee in good elanding
Heerry Track Linense peeferreal
Eneolleat [oterperenaal akills
Clear Police Record
Excellent driving skills
Working kaoaledge of computer applications
Possess Amport Ramp Access or ability in obtain write 4 Days of ereployment
Kroveledge of road codes, ability to read mape to find sew locations
Ability 00 record equaperee operational status

Qur commitment to excellence and teat april & a subslaatzal part al company's
culture

Please send a resaame and coves Welter r4éerenenge Courer DHL ta
Human Resources, DHL Expreas Habamas, East Bay 81, Nasaan
Habames

or by email ta Geet sieeite acne or tax at 358 Gl



Please submit applications na later than Deceanber 17, 2010

Nassau, Bahamas.

EMPLOYMENT
OPPORTUNITY

Matured firm Is seeking qualified persons
to fill the position of

Administrative Assistant

The successful candidate would have
responsibility for assisting with
administrative tasks.

Special Skills Required:

« Excellent oral and written communication skills

« Excellent interpersonal skills

« Must be able to type at least 55wpm

« Must pay attention to detail

« Must be results-oriented and articulate

« Must be computer literate

« Good working knowledge of Microsoft Word, Excel
and Power Point

* Ability to react to change positively while
operating in a multi-task environment

¢ Ability to work Independently with limited
supervision

Email your resume to:
ourceshr mail.com
by 7th Dec 2010.

hrhr



The Registry of the Supreme Court of the
Commonwealth of The Bahamas on _ the
second floor of the Ansbacher Building situate
at East Street and Bank Lane on the Island of
New Providence one of the Islands of the said
Commonwealth of The Bahamas.

The Chambers of the Gibson, Rigby & Co., Ki-
Malex House, Dowdeswell Street in the City of
Nassau, New Providence aforesaid.

AND TAKE FURTHER NOTICE that any person
having dower or right to dower, an adverse or
an claim not recognized in the Petition shall

on or before the 5" day of May, 2010 file in the
Supreme Court and serve on the Petitioners

or their Attorneys an Adverse Claim in the
prescribed form supported by Affidavit.

FAILURE OF ANY PERSON to file and serve
an Adverse Claim on or before the 5" May,
2010 will operate as a bar to such claim.

Dated this 4" day of March, A.D., 2010

GIBSON, RIGBY & CO.
Chambers
Ki-Malex House
Dowdeswell Street
Nassau, Bahamas

Attorneys for the Petitioners



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



THE TRIBUNE

MONDAY, DECEMBER 6, 2010, PAGE 7B



BIC'S S15M NET
CASH SET 10 COVER
RESTRUCTURE COSTS

FROM page 1B

to announce details of their $210 million acquisition of a
majority 51 per cent BTC stake plus management control,
confirming that the restructuring costs associated with the
planned downsizing should not be “massive”.

Given that BTC had some 1,228 persons on staff at year-
end 2009, a 30 per cent restructuring would entail around 410
jobs going at the company, whose privatisation is scheduled
to be completed around February 15, 2011, midway through
the first quarter.

The two unions representing BTC line staff and middle
managers, the Bahamas Communications and Public Offi-
cers Union (BCPOU), and Bahamas Communications and
Public Managers Union (BCPMU), outlining their opposi-
tion to CWC (which operates as LIME in the Caribbean) as
BTC’s purchaser, suggested that the restructuring could save
the privatised company $22 million per year.

With a further $5 million gain coming from ‘reengineering’
associated with the downsizing, the unions estimated that the
exercise could ultimately save BTC $27 million per annum
- money that would flow straight to the bottom line.

BTC’s salary and benefit costs in 2009 were $84.273 mil-
lion, and 30 per cent of this is $25.28 million, so the CWC
downsizing plan is likely to reduce staff costs by somewhere
around this amount.

Defraying

Therefore, the $15 million net cash CWC will inherit will
go a significant way to defraying any downsizing expense,
possibly covering half of this - and maybe even more - if it
is all used for this purpose.

While BTC had some $61.902 million in cash on its bal-
ance sheet at year-end 2009, Tribune Business has been
told that the maximum $15 million ‘net’ cash position on the
balance sheet at the privatisation date will come after the
Government has paid-off BTC’s existing loan obligations.

At year-end 2009, BTC had short-term and long-term
loan liabilities of $11.236 mil-

“What we

lion and $35.564 million respec-
‘ tively, amounting to $47 mil-
need to do is _ jion: almost exactly the differ-
get into the ence between the year-end 2009
business, get
a handle on

position and the $15 million net
cash CWC will inherit.
it, talk to the

With that net cash figure, and
the Government agreeing to
cover any pension fund deficit,

many observers are arguing that

management the Ingraham administration
and work will receive less than $210 mil-
* lion net for the majority BTC
with the stake, although is balanced by
unions.” the Stamp Duty it will receive

on the sale. A rate of 10 per

. cent is payable on BTC’s real

Tony Rice property, and 4 per cent on the

assets of the business being sold,

although this could well be split between government and
CWC.

With the $210 million price being around 4x (four times)
BTC’s operating income and net profit for 2009, many rival
Bahamas-based telecoms operators have suggested that
CWC got a ‘sweet deal’, although this does not account for
the impact competition will have on the state-owned incum-
bent’s profits and revenues as a result of market liberalisa-
tion.

Mr Rice said of CWC’s plans: “What we need to do is get
into the business, get a handle on it, talk to the management
and work with the unions.”

Adding that CWC had yet to discuss its restructuring
plans with either BTC union, with previous talks on the
subject having been held between the Government and it,
and the Government and the unions, Mr Rice told the con-
ference call: “In terms of the restructuring, I think it’s too
early to comment in detail.”

He added that prior to closing the purchase, CWC would
spend its time developing a business plan for BTC, plus
the details of how the restructuring was going to work, the
cost and how the company would proceed forward.

Tribune Business disclosed on Friday how Mr Rice
pledged that CWC would “engage as quickly as possible”
with the unions, and how he felt both sides “can reach a
mutually acceptable point”.



Uncertainty

He also added during the conference call that BTC staff
had been forced to live with years of uncertainty due to the
protracted 12-year privatisation process, and that CWC
would attempt to explain to the unions how it planned to
“create success” and take the firm forward.

“T anticipate them being good discussions and positive,”
Mr Rice said of the impending union talks, “and having a
good partnership with the unions going forward and making
the company as successful as it could be.”

However, Mr Rice may not have endeared himself to the
Bahamian media via the conference call, as he effectively
appeared to accuse the press of “stoking” the unions’ anti-
CWC position.

Mr Pennington, though, pledged that CWC (LIME) would
“grow the business and improve the product offering, which
is quite limited at the moment”.

Pledging that service levels and product offerings would
improve to world class levels, he added: “There’s very
strong opportunities to get margins up to more palatable lev-
els”.

Mr Rice said BTC “ticks all the boxes for us” in terms of
its fit with LIME’s existing regional operations, Mr Pen-
nington adding that the company was “an ideal fit”, with
CWC seeing “significant scope for synergies” in areas such
as IT solutions and operational support.

Acknowledging that the Bahamian government had “been
very slow to do this” in terms of privatising BTC, and had
had “quite an extensive courtship with a variety of peo-
ple”, Mr Rice said: “We’ve had some very good conversa-
tions with them, and see a really good opportunity to deliv-
er value for them in terms of world class telecommunications
services.”

On Friday, Tribune Business reported CWC executives as
saying that per capita incomes in Jamaica and Barbados
were some 40 per cent and 75 per cent lower, respectively,
than the Bahamas. That is not quite correct, as what should
have been reported was that they were 60 per cent and 25
per cent lower than this nation’s, respectively.

Proposed Privatization of BTC
BCPMU & BCPOU

Strategic Framework Document
November 29, 2010

.
Overview
Consistent with the global trends of privatization and liberalization - particularly in the telecommunications sectos, The
Government of the Bahamas (GOTB) took the first steps toward privatization in 1996, which it envisaged would lead to the sale
of a majority stake in The Bahamas Telecommunications Corporation (BatelCol, iubsequently incorporated aa The Bahamas
Telecammunications Oo, Ltd (BTC), Quer the past 14 years significant strides have been made to that end Ey successive
Governments of the Bahamas (GOTB), but no deal has been consummated to date.
In recent weeks, the Rt. Hon. Hubert lngraharn, Prime Minister! Commonwealth of The Bahamas, announced that his Govern-
ment had reviewed preliminary recommendations presented by its Privatization Committee and was sativied that the
company under consideration, Cable & Wireless (CRW), was fit and deemed a proper potential strategic partner for BTC.

The BCP OU and BCPMU have publicly eqpressed their disagreement and raised grave concerns with respect to the track record
of C 2 Win its Carisbean jurisdictions with respect te employee and labor relations, as well as overall corporate philosophy
and performance. In order to clearly state its position and best represent the interest of its members, both Unions have
articulated its collective strategic position in the report following.

Strategic Pillars

The BCPMU & BORO support the principles of Bahamians First and Bahamianization. Consequently, as part of the sale of
any national aeset - particularly one as lucrative as BTC, Bahamiane should be allowed to purchase shares at the same rate
offered te foreign investors.

Benefits include the following:

& Expansion of the Bahamian economy,

b. Expansion of Bahamian ownership of the econorny,

c, Enhanced opportunities for Rahamians to work and hold top pasitions in corporate Bahamas,
d Enlightenment of the national psyche te the power and potential of Bahamian talent, and

6, Stem the tide of economic colonization that is rampant in developing countries.

2. he GOTE is im blatant vielation of its own tenets of privatization with respect to the ftness of any potential strategic partrver,
Two of the GOTBH's core principles are:

& Accelerated infusion of state-of-the-art technology
Blimproved quality of customer services offered to ATC customers

With respect to the former point, BTC currently outstrips most of C & W operations in the Caribbean in teams of network
development as well as the availability of cupiing-edge products and services, In the area of custamner services, C & W's
inaFaciencies and ineptitude is widely known throughout its jurisdictions in the Caribbean,

3. The BOPOU & BCPMU does mot support the proposed selection of C&W as the strategic partner of choice for the GOTB to
sella 57% stake in BTC.

Rationale includes the following:

a CBW has a poor reputation for employee and labor relations throughout all of its jurisdictions in the Caribbean.

bo C2 W hag a stated agenda of centralizing management and leadership for all of its operations in the region.

c, BTC'S gross revenues amounts to more than 90% of C&W revenues in all of its operations in the Caribbean combined,

d. Based on BTC's revenue trend over the past few years, C&W proposed management fee of 2% of gross revenues in the frst
hwo years and 345 in subsequent years, which amounts to an $4 - $12 million per annum. Further, the fee is independent of
any dividends that may be declared and the fact that the fee is caloulated on gross revenues if onerous because
management's compensation is net tied to comporate profitability,

4. C&W profitability in the Caribbean is primarily due to its signature downsizing activities versus the deployment of cutting-
edge network infrastructure and the delivery of superior customer services, The Caribbean Telecom News reported in its
edition of May 22, 2009 in an article tithed “Cable & Wireless plans to cut more jobs" that Mir, John Pluthers, Executive Chairman
of & Wi Worldwide stated that job cuts will be an “on-going feature’ as the Company evolves its operations.

5. Should the GOTH accept the 30% decrease in otal! as propesed by Cable & Wireless, there would be a saving to the
Company in the first year thereatter of over $22 million, The business process nm-engineering exercise that would normally
accompany such major reduction in headcount could easily yield a further $5 million dollars. The resultis a $27 million cost
saving that goes directly to the bottom line.

6, Successive Governments have already spent near $100 million on employee disengagement packages, consultancy fees,
and other associated costs since the initial steps to privatize BTC were undertaken in 196 te the current exercise with C&W.
All such costs associated with the preparation of BTC for privatization have been borne by BTC.

7, Notwithstanding The Unions objection in the first instance, should the GOTB opt for the C&W partnership, the Unions will
only agree to the relationship under specific tenms and conditions skewed to the interest of Bahamian workers.
Tern & Conditions inchoede the following:

a Provision to facilitate a 5% ESOP as part of the sale (Examples include C&W Panama and Belize operations).

b. Mo eeportation of jobs [call center, engineering, atc).

€. 100% Bahamian leadership - The recent merger of two prominent banks to form First Caripbean Bank has centralized
decision making outside of The Bahamas and stifled the full expression of Bahamian talent and expertise,

d. Autonomy = te the extent practical -— of administrative and operational decision-making within the jurisdiction of the
Bahamas.

8, The BOPMU & BCPOU deem that itis in the best interest of their members to pursue the negotiation and finalization of mew
industrial agreements to replace the respective contracts that have expired September 30, 2010,

Rationale:

@ Multinational companies could be insensitive to the nuances of workforce dynamics in the Bahamasb, Due to the rele of
such instruments in setting the parameters for the way forward in terms of the workplace, employee security and labor
relations, the GOTE sirould mot leave this emercise to the strategic partner.

c. New industrial agreements prior to the sale of 57% would send a strong message of the Governments commitment ta
advance the interest of workers in the country,

9. BTC has served as the greatest asset for the GOTB and a prized treasure of the pecple of The Bahamas.

Benefits
a& Inthe past three years, the GOTB and its agencies has benefited from BTC to the tune of over $200 million, which includes
the following:

i, Quer $100 million dollars cash,

i. Approximately $17 million in franchise fees,

ii, Approximately $6 million in MIB contributions,

iv. Approximately $20 million in business license and other fees, and
Â¥. Over $40 million in customs duties (BTC receives no exemptionsl),

The above mentioned statistics speaks to the value of BTC to the GOTB and its role in positively impacting the public purse. It
stands ta reason, therefore, that an offer of approximately $200 millian te purchase a $194 stake in BTC is ill-advised, particu
larly with respect to the challenging economic times that the Bahamian economy is facing.

FINANCIAL Implications & Assessments

10, BTC’s combined CAPEX over the past four years excedcds S200 million, which is what the GOTB is being offered fora 51%
stake in the Company

11, BTCs annual contribution te the Bahamian ecanerrry

a& Entrepreneurial spin-offs = Phone cand vendors collectively earn approximately $20m annually

b. BTC annual sponsorships ranges from $250 - $350 thousand annually

c. Numerous other vendors and business concerns depend on the consistent purchases of ATC to keep their operations afloat.

12. Ca Whas more to gain in the purchase of a stake in BTC from such partnership than, the GOTB and the Bahamian people.
& In comparing the financials of both companies, C&W and BTC, based on their respective financial statements of 2004, C &
W's revenues in its 13 operating units within the Caribbean was $873 million whereas BTC'’s revenue was $361 million in 2009,
which represents approximately 41% as compared to T EW,

Conclusion

The BCP OU and BCPMU, firmly supperts the GOTE decision te privatine BTC Lite, but we vehemently deprecate the telling of
BTC to CSA. The negative scenarios and infommation received from our colleagues in the region and researched documents
are sufficient for our decision.

We are also convinced that the Bahamas should be for Baharnians first and this is a classic case for us to demonstrate our
willingness to permit qualified and expenenced Bahamians to take ownership; couple with the shares being offered to the
Bahamian populace. To put BTC Led into the hands of a foreign company after nearly 100 years of successful development amd
operation, will be demoralizing te the psyche of every qualified, trained aspiring Bahamian and will be synenyrous with
pee-abolition of slavery in this region



PAGE 8B, MONDAY, DECEMBER 6, 2010

THE TRIBUNE



FROM page 1B

but denied claims by Tribune
sources that an Immigration
Department raid had
removed several contractors
of varying nationalities -
including Americans and Fil-
ipinos - for not being in pos-
session of valid work permits.

Jack Thompson, director of
immigration, could not be
reached for comment, and Mr
Schaefer denied that any
work permit and Immigration
law violations had taken
place. He acknowledged that
while Immigration had visited
the Prince Charles site dur-
ing the middle of last week,
and taken away several Hait-
ian and Jamaican nationals
who were working, all had lat-
er been released after they
were subsequently found to
be in possession of valid
papers.

Meanwhile, Mr Schaefer
told Tribune Business that

New Robin Hood | BAHAMASAIR DENIES
store ‘80% ready’ | WHISTLEBLOW’ FIRING

rapid progress was being
made in getting the Prince
Charles store ready to receive
its first customers, with the
property now being sealed
from the elements and paving
of the parking lot and sur-
rounding space having begun.

“We’re actually starting to
stock the shelves with gro-
ceries,” he added, saying that
the initial inventory would
cost “a couple million dol-
lars”.

“We’re going to open ina
way, shape or form,” Mr
Schaefer said. “It’s going to
be special, more so on some
levels than the first store. In a
four-mile radius of here, it’s

COMMONWEALTH OF THE BAHAMAS 2009
IN THE SUPREME COURT CLE/qui/No.01268

Common Law & Equity Division

BETWEEN

IN THE MATTER OF ALL THAT piece parcel or tract of
land containing 6.888 acres situate on the Eastern side of the
Eleuthera Main Road and approximately 1.2 miles Northwest
of Haynes Avenue in the Settlement of Governor’s Harbour on
the Island of Eleuthera one of the Islands of the Commonwealth
of The Bahamas

AND

IN THE MATTER OF THE Quieting Titles Act, 1959
AND

IN THE MATTER OF THE Petition of Alban Johnson
NOTICE

THE PETITION OF ALBAN JOHNSON in respect of:-

ALL THAT piece parcel or tract of land containing 6.888
acres situate on the Eastern side of the Eleuthera Main Road
and approximately 1.2 Miles Northwest of Haynes Avenue
Governors Harbour Eleuthera one of the Islands of the
Commonwealth of The Bahamas which said piece parcel or tract
of land is bounded Northeastwardly by land now or formerly
the property of Eleuthera Adventurers Ltd. now Cigatoo
Estates and running thereon 350.81 feet and Southeastwardly
by land now or formerly the property of the Estate of D. Artie
Nottage and running thereon 949.97 feet and Southwestwardly
by Eleuthera Main Road and running thereon 297.53 feet and
Northwestwardly by land now or formerly the property of
Eleuthera Adventurers Ltd. now Cigatoo Estates and running
thereon 933.14 feet.

ALBAN JOHNSON claims to be the owner of the
unencumbered fee simple in possession of the said land and has
made application to the Supreme Court of the Commonwealth
of The Bahamas under Section Three (3) of the Quieting Titles
Act, 1959 to have his title to the said land investigated and
the nature and extent thereof determined and declared in a
Certificate of Title to be granted by the Court in accordance
with the provisions of the said Act.

Copies of the Petition and Plan of the said Land made by
inspected during normal offices hours in the following places:
1. The Registry of the Supreme Court, East Street

the most densely-populated
area on the island. That’s the
beauty of it.”

Telling Tribune Business
that Robin Hood will likely
have invested $7 million in
getting the Prince Charles
store ready for opening, he
added that the retailer was
still on target to “break
ground” on the planned
44,000 square foot, two-storey
retail complex, which will be
situated in front of the store,
in January.

Asked about tenants, Mr
Schaefer replied: “Nothing
yet, but assume within the
next two weeks we will have
the whole place rented.”
Talks, he added, were still
ongoing about branding the
proposed gym, health and fit-
ness centre under the ‘Magic
Johnson’ name.

Asked about how the
Tonique Williams-Darling
Highway store was perform-
ing, Mr Schaefer said it was
“running similar to last year’s
numbers right now”.

As for the upcoming Christ-
mas season, he added: “We’re
expecting to do at least as well
as last year. It would be nice
to be a few percentage points
up, but if we’re 3, 4, 5 per-
centage points up we’ll be
doing really well, because the
economy is struggling even
worse this year”.

Mr Schaefer said there

COMMONWEALTH OF THE BAHAMAS

seemed to be “less money” in
the Bahamian economy in
2010 than 2009, and the Baha
Mar project aside, there was a
perception that the general
environment was “impacting
everyone in a harder way than
it did at this same time last
year”.

Asked how Robin Hood
expected to perform in 2011,
its president told Tribune
Business: “I think it’s going
to be a turnaround for every-
body. I think we’re all going
to experience it. It will start
slowly and build up as the
year goes on.

“The world economy is
turning, and Baha Mar is
going to infuse the whole
Bahamian environment and
economy with a morale boost-
er. It is probably 60-70 per
cent of reality that is percep-
tion, and if people perceive
that things are getting better,
they will become better. It’s a
self-fulfilling prophecy.”

Mr Schaefer added that
Robin Hood would “aggres-
sively pursue” its Family
Island frsanchise plans in the
New Year, adding: “We’ve
already spoken to a few peo-
ple, and got some very posi-
tive responses.

“There are always oppor-
tunities when things are diffi-
cult for everybody; you just
have to find them and exploit
them to your advantage.”

2001

IN THE SUPREME COURT

COMMON LAW SIDE

BETWEEN

BANK OF THE BAHAMAS LIMITED

Plaintiff

AND

LLOYD MILTON SUTHERLAND

Defendant

NOTICE OF ADJOURNED HEARING

TAKE NOTICE thatthe Order for Examination

S2wk-Hi

North ,Nassau, The Bahamas;

The Administrator’s Office, Governor’s Harbour,

Eleuthera, The Bahamas, and
3 The Chambers of Lockhart & Co., 35 Buen Retiro

Road, off Shirley Street, Nassau, The Bahamas.
NOTICE is hereby given that any person having dower or right
to dower or an Adverse Claim or a claim not recognized in the
Petition shall on or before the expiration of Thirty (30) days
after the final publication of these presents, file in the Supreme
Court and serve on the Petitioner or the undersigned a Statement
of his claim in the prescribed form verified by an Affidavit to be
filed therewith.

Failure of any such person to file and serve a statement of his
claim on or before the expiration of Thirty 30) days after the
final publication of these presents will operate as a bar to such
claim.

Dated the 8* day of February, A-D., 2010

LOCKHART & CO.
Chambers

35 Buen Retiro Road
Off Shirley Street
Nassau, The Bahamas

Attomeys for the Petitioner



ROYAL FIDELITY

Morty al Work

filed on the 4" day of December, A.D., 2009 and set
down to be heard on Thursday the 4"" day of March,
A.D., 2010 at 12:00 o’clock in the afternoon will
now be heard before a Deputy Registrar, Marilyn
Meeres of the Supreme Court, Ansbacher Building,
Bank Lane, Nassau, The Bahamas on Monday the
24* day of January, A.D., 2011 at 11:30 o’clock in
the forenoon.

Dated this 20" day of September, A.D., 2010

REGISTRAR

This Notice was taken out by Messrs. Gibson,
Rigby & Co., Chambers, Kl-Malex House,
Dowdeswell Street, Nassau, The Bahamas,
Attorneys for the Plaintiff.



= FG CAP

[TAL MARKETS
5 BROKERAGE & ADVISORY SERVICES

Dead

cle7vica wT AT.

THURSDAY, 2 DECEMBER 2010

BISX ALL SHARE INDEX: CLOSE 1,482.65 | CHG -O.

02 | %CHG 0.00 | YTD -82.73 | YTD %-5.28

FINDEX: CLOSE 000.00 | YTD 00.00% | 2009 -12.31%
WWW.BISXBAHAMAS.COM | TELEPHONE:242-323-2330 | FACSIMILE: 242-323-2320

S2wk-Low
1.00
9.67
4.50

Securit_y
AML. Foods Limited
Bahamas Property Fund
Bank of Bahamas
Benchmark

Bahamas Waste

Fidelity Bank

Cable Bahamas

Colina Holdings
Commonwealth Bank (S1)
Consolidated Water BDRs

10.63

4.90
o.18
2.70
2.14
9.62
2.36
5.40
1.63

0.18
2.70
2.17
10.46
2.40
6.85
1.74
1.60
5.94
F223
8.77
3.75
1.00
5,00
9,82
10.00

1.60
6.07
F.22
3.39
5.46
1.00
5.59
8,82
10.00

Doctor's Hospital
Famguard

Finco

FirstCaribbean Bank
Focol (S)

Focol Class B Preference
ICD Utilities

J. S. Johnson

Premier Real Estate

Previous Close Today's Close

10.63

10.46

10.00

EPSS
0.150
0,013
0.598

-O.877
0.168
0.016
1.050
0.781
0,422
oO.111
0.199

-0.003
0.287
0.645

Change Daily Vol. Div $
0.00
4.90 0.00
0.18
2.70

2.17

0.00
0.00
0.00
0.00.
0,00
0,00
-0.02
0,00.
0,00
0.00
0.00.
0.00.
0.00.
0,00

2.40
6.85
1.72
1.60
6.07
7.23
93.39
5.46
1.00
5.59
9,82

0.366
0.000
0,012
0.971
0.991

0,00
0,00.

BISX LISTED DEBT SECURITIES - (Bonds trade on a Percentage Pricing basis)

S2wk-Low Security Last Sale

Bahamas Note 6.95 (2029)
Fidelity Bank Note 17 (Series A) +
Fidelity Bank Note 22 (Series B) +

Symbol
BAH29.
FBB17
FBB22
FBB13
FBB15

Fidelity Bank Note 13 (Series C) +
Fidelity Bank Note 15 (Series D) +
RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)

Symbol
Bahamas Supermarkets
RND Holdings

Bid &
5.01
0.35

6.01

99.46
100.00
100.00
100.00
100.00

Ask

0.40

Change Interest
0.00. 6.95%
0,00. 7%
0.00, Prime + 1.75%
0.00. 7%
0.00. Prime + 1.75%

Daily Vol. Maturity
20 November 2029,
19 October 2017
19 October 2022
30 May 2013
29 May 2015
Last Prine Yield
14.00
0.55

EPSS$
-2.945
0.001

Div & RYE
0.000
0.000

Daily Wat.

CFAL Securities Ltd. (OQver-The-Counter Securities)

ABDAB 30.13 31.59

RND Holdings 0.45 0.55

29.00 4.540
0.55 0.002

0.000
0.000

BISX Listed Mutual Funds

NAV

1.5122
2.9187
1.5683
2.8624
13.5642
114.3684
106.5528
1.1367
1.0974
1.1363

Fund Name YTD%
CFAL Bond Fund
CFAL MSI Preferred Fund

1.4954 CFAL Money Market Fund

2.8522 Royal Fidelity Bahamas G & | Fund
13.0484 Royal Fidelity Prime Income Fund
101.6693 CFAL Global Bond Fund

99.4177 CFAL Global Equity Fund

1.0000 FG Financial Preferred Income Fund

1.0000 FG Financial Growth Fund

1.0000 FG Financial Diversified Fund

9.1005 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 Bah Int'l Investment Fund Principal
Protected TIGRS, Series 3
Royal Fidelity Int'l Fund - Equities Sub Fund

1.4076
2.8300

9.7458
10.0000
10.6000
9.1708
9.5037

4.8105 8.1643

5.11%
1.10%
4.06%
-8.16%
1.47%
9.98%
4.75%
4.30%
2.75%
4.18%

4.35%
-1.59%

-4.96%
5.79%

NAV 3MTH
1.490421
2.919946
1.548897

NAV 6MTH
1.467397
2811877
1.532712

Last 12 Months %

6.79% 31-Oct-10
30-Sep-10
26-Nov-10
31-Aug-10
30-Sep-10
30-Jun-10
30-Sep-10
31-Oct-10
31-Oct-10
31-Oct-10

3.13%
4.67%
-7.49%
2.95%
12.49%
7.18%
5.21%
6.87%
5.78%

109.392860
100.779540

107.570619.
105.776543

5.22% 31-Oct-10

4.26% 31-Oct-10

-4.96%
9.42%

31-Oct-10
31-Oct-10

MARKET TERMS

BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00
52wk-Hi - Highest closing price in last 52 weeks

52wk-Low - Lowest closing price in last 52 weeks

Previous Close - Previous day's weighted price for daily volume
Today's Close - Current day's weighted price for daily volume
Change - Change in closing price from day to day

Daily Vol. - Number of total shares traded today

DIV $ - Dividends per share paid in the last 12 months

P/E - Closing price divided by the last 12 month earnings

KS) - 4-for-1 Stock Split - Effective Date 8/8/2007

(S1) - S-for-1 Stock Split - Effective Date 7/11/2007

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 earnings 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



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

FROM page 1B

“We got no notice of any federal violation from any feder-
al agency, and therefore there was no violation. Had there
been a violation Bahamasair would’ve been fined.”

In court documents obtained by Tribune Business, it was
recorded that legal action pursued by 23-year Bahamasair
employee, Deborah Pinder, in the south Florida district
court was dismissed on June 22, 2010, six days before it
was due to go to trial.

This dismissal of the case came after Mrs Pinder filed a
“notice of settlement” with Bahamasair.

Mrs Pinder had sued the company in 2008, alleging that it
violated the Florida Whistleblower Act when it fired her
over her decision to copy a letter she had written, high-
lighting an alleged violation by a Bahamasair manager of US
federal regulations regarding passenger check-in, to the
Transport Security Administration (TSA).

Her court action charged that she “engaged in protected
activity when she objected in writing to Bahamasair’s vio-
lation of federal law”, and was otherwise “performing sat-
isfactorily in her position”.

In her letter to the Miami station manager for Bahamasair,
Glenda Pletscher, advising of the alleged contravention of
regulations governing the Airline Passenger Information
System (APIS) by a co-worker in Florida, Mrs Pinder
described how the manager had checked in a passenger for
a flight under an entirely different and incorrect name and
passport number.

Discrepancy

The discrepancy on the passenger manifest was only cor-
rected by a different employee after the flight had departed,
following discovery of what had taken place by a gate agent.

Having been suspended without pay a year earlier for
“inadvertently entering incorrect information into the APIS
(Airline Passenger Information System)”, mixing up the
name of one passenger with another who had a very similar
name, Mrs Pinder said in her letter that “all Bahamasair
employees deserve to see the procedures and policies of this
airline applied uniformly”.

She suggested that she was “well aware of the negative
impact such breaches of security” can have on the welfare of
Bahamasair, and added that while her mistake was not
intentional, other employees may be “intentionally engag-
ing in actions which undermine” Bahamasair’s compliance
with TSA guidelines.

Under rules and regulations stemming from post 9/11
anti-terrorism legislation in the US, it was a requirement that
a proper passenger manifest be completed and sent elec-
tronically to the federal tracking agency prior to securing any
airplane for departure.

In the letter Mrs Pinder received a month later, advising
her of her termination, director of human resources for
Bahamasair, Cornel Mortimer, stated: “We have decided
further and more severe disciplinary action is warranted
based on your sending a copy of your letter (alleging viola-
tions of US federal regulations by Bahamasair) to the TSA.

“We believe your motive in doing so was malicious and
that your intent was to harm the company.

“The company does not want employees who desire to
cause it harm.”

Mr Mortimer claimed in the termination letter he sent to
Mrs Pinder that it was “in further reference to the incident
that occurred on October 2, 2007” - the incident in which
Mrs Pinder entered incorrect information into the APIS
system, resulting in her previous suspension.

In her subsequent lawsuit, Mrs Pinder alleged she suffered
“financial and psychological” damage as a result of being ter-
minated from Bahamasair, being unable to find other unem-
ployment after finding that she had been “essentially black-
listed from the industry because of Bahamasair’s actions”.

COMMONWEALTH OF THE BAHAMAS 21K LEvquill439
IN THE SUPREME COURT

Lomein Law & beurty Side
IN THE MATTER of the Quieting Tutkes Act
AND

IN THE MATTER of the Petition of ELGIN WREGHT
ASL

IM THE MATTER of ALL THAT piece parcel or los
of land being numbers 27 & 2% containing 0.250 on
An acre situate on Miami Street in the Englerston
Subdivision situate in the Southem District of the
Island of New Providence, Bakamas

COPIES of the said Plan may be inspected during
Nonmal Office hours at the following places:-

(te) The Registry of the Supreme Court
In the City of Nassau on the Island of
New Providence

Collie & Collie Law Chambers

kK. &. Darling Building

Dowdes well Sireet & School Lane

in the City of Nassau on the Island of New
Providence, The Bahamas

(id)

NOTICE is hereby given that any person having
Dower or a right to Dower or any Adverse Claim
ora Claim mot recognized in the Petition shall on
or before the
POC File in the Supreme Court in the City of Nassau
aforesaid and serve on the Petitioner a Statement of
claim in the Presenibed form verified by an Affidavit
to be fled therewith. Failure of any such person io file
and serve a Statement of Claim on or before the

day of 2010 wall operate asa bar to such
claim.

day of

Elgin Wright
Petitioner



THE TRIBUNE

MONDAY, DECEMBER 6, 2010, PAGE 9B



Se SESE SS
Economy is making steady | PM backs building inspection outsource

gains despite weak hiring

PAUL WISEMAN,
AP Economics Writer
WASHINGTON

The economy is starting to
fire on almost every cylinder
these days but the one that mat-
ters most: Job creation.

Factories are busier. Incomes
are rising. Autos are selling.
The holiday shopping season 1s
shaping up as the best in four
years. Stock prices are surging.

And many analysts are rais-
ing their forecasts for the econ-
omy's growth. Goldman Sachs,
for instance, just revised its
gloomy prediction of a 2 per-
cent increase in gross domestic
product in 2011 to 2.7 percent
and forecast 3.6 percent growth
for 2012. "The upward momen-
tum has more traction this
time," says James O'Sullivan,
chief economist at MF Global.

If only every major pillar of
the economy were faring so
well. Despite weeks of brighter
economic news, employers still
aren't hiring freely. The econo-
my added a net total of just
39,000 jobs in November, the
government said Friday.

That's far too few even to
stabilize the unemployment
rate, which rose from 9.6 per-
cent in October to 9.8 percent
last month. Unemployment is
widely expected to stay above 9
percent through next year, in
part because of the still-
depressed real estate industry.

Job creation ultimately dri-

PRS
da
BST

SEL



1, a 3g
~~. i > =4
(AP Photo/Mel Evans, file)
AILING: Resorts Hotel and Casi-
no, Atlantic City’s first casino,
which opened Memorial Day
1978, is seen in this Nov. 14,
2007 photograph.

WAYNE PARRY,
Associated Press
ATLANTIC CITY, N.J.

Asked about his plans to
save Resorts Atlantic City, the
first casino in the United States
to open outside Nevada, new
owner Dennis Gomes briefly
touches on spruced up hotel
rooms, guest suites and a snazz-
ier casino floor. But what the
place really needs, he says, is a
whole lotta love, with some
positive spiritual energy thrown
in. Despite his buttoned-down
appearance, Gomes is not your
typical casino executive.

"There's something in the
martial arts called ‘chi,’ the life
energy that guides you ... I
think I give energy," said
Gomes, a veteran casino exec-
utive who got approval on
Wednesday to buy the strug-
gling casino with partner Morris
Bailey for the fire-sale price of
$31.5 million from lenders who
had taken it over a year ago.

"T think love is the most pow-
erful force in the universe. If
you do everything from love,
you can tap into that energy,”
he told the Casino Control
Commission, drawing big
laughs by adding, "those Wall

ves the economy, and it remains
the most significant weak link.

The meager job gains for
November confounded econo-
mists. They'd expected net job
growth to reach 145,000 and for
the unemployment rate to stay
at 9.6 percent.

Some economists dismissed
the November data as a techni-
cal fluke, a result of the gov-
ernment's difficulty in adjust-
ing the figures for seasonal fac-
tors. They think the number
will be revised up later.

Others saw the jobs report
as a reminder that the economy
is still struggling to emerge from
an epic financial crisis that
choked off credit, stifled spend-
ing and escalated a "normal"
recession into the worst in 70
years. The depth of the finan-
cial crisis means the recovery
will proceed more slowly than
many had hoped or expected,
they say. The fits and starts are
not surprising,” says Jack Klein-
henz, chief economist at the
National Retail Federation.
"We've had a unique recession
and therefore a unique recov-
ery."

In the view of most econo-
mists, the direction of the over-
all economy remains positive
— even if its pace feels agoniz-
ingly slow. The latest unem-
ployment report was a setback,
but likely a temporary one, they
say.

"Which are you going to
believe," O'Sullivan asks, "one

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month of payrolls or all the oth-
er data?"
Among encouraging signs:

__ Consumers, whose spend-
ing fuels about 70 percent of
the economy, are regaining
confidence. The Conference
Board's index of consumer con-
fidence rose in November to
the highest level since June as
consumers expressed more
optimism about business con-
ditions and jobs. Consumers are
suffering “austerity fatigue,"
says Scott Minerd of Guggen-
heim Partners. They're ready
to replace old clothes, old appli-
ances, old cars.

— Family finances have
improved. Personal income
surged 0.5 percent in October.
That put cash in shoppers’ wal-
lets for the holiday shopping
season. Households cut their
debts to 122 percent of annual
disposable income in the April-
June quarter, according to
Haver Analytics. That was the
lowest debt level since the end
of 2004.

__The holiday shopping sea-
son got off to a buoyant start.
The National Retail Federation
expects holiday retail sales to
rise 2.3 percent this year, the
best performance since 2006.
One reason: Stock prices have
surged. A 14 percent rally in
the Dow Jones industrial aver-
age since late August has made
households feel wealthier,
Kleinhenz says.

FROM page 1B

months and years to say yes or no to”.

Mario Bastian, the BSE secretary, put it to
Mr Ingraham during a question and answer ses-
sion engineers were allowed with the Prime Min-
ister, that given ongoing problems with the length
of time it takes government building inspectors to
certify construction work, private engineers
“could in some way or form could assist the Min-
istry in carrying out that task”.

“There are engineers who are qualified and
equipped to inspect constructions throughout
the country, and think it would be a good thing
for us to assist the Ministry, so people can get
occupancy as quickly as possible,” said Mr Bast-
ian.

Mr Ingraham responded that this was “music
to (his) ears”.

“But you must bear in mind that the Ministry
of Works and government departments are
bureaucracies. They don’t want to give up any
power - like to hog it all, even though they can be
overwhelmed,” the Prime Minister said.

“But no, be assured they will be mandated to
do it and it can be done easily.

“We have 130 certified engineers and archi-
tects, and there’s no possibility of the Govern-
ment of the Bahamas hiring sufficient people to
do these inspections.

“We can agree reasonable fees and expedite
these things. That’s no problem whatsoever. We’ll
act on that,” said Mr Ingraham.

Responding to a query from engineer Marcus
Laing about the building permit process, which
has been criticised of late for how long it can
take - especially in comparison to other jurisdic-
tions globally - Mr Ingraham suggested that under
the new Planning and Subdivision Act, there are
provisions for the expedited approval of building
plans put forward by licensed professional engi-
neers and architects, and which are under a cer-
tain size.

Mr Laing said: “One of the things that’s really
been a hindrance is the long time for approvals on
the engineering or architectural side. Around
the world they have an expedited process where
applications are made by licensed professionals.
A study was put forward to the Ministry which
spells out that where licensed architects and engi-
neers put forward plans for a building under a
certain size, the jurisdiction just allows it to be
passed, with all liability falling on that profes-
sional. It allows more revenue, more jobs to flow
into the community.”

Mr Ingraham said: “We are as frustrated as
you are in terms of how long it takes to have
various simple things determined in the Bahamas.
One of the big irritants is permission to build a
simple house or office, or to determine if this or
that area is commercial etc.

“We are well underway in terms of being able
to structure the Government in that fashion, and
the point you make will be dealt with shortly.”

Speaking of the potential impact of allowing
for private engineers rather than just govern-
ment-employed building inspectors doing build-
ing inspections, BSE presidentRobert Reiss, told
Tribune Business that this could be a useful rev-
enue stream for such professionals at a time
when many are “unemployed and a lot are under-
employed”.

“Where it has much much more significant
impact is to actually expedite developments in
our country.

“To become more attractive to developers and
FDI, getting our ranking up higher worldwide in
terms of the development process and having
Bahamians building their own home being able to
do it smoothly and effectively, and eliminate
some of that red tape and time constraints,” Mr
Reiss said.

“That specific action that we very much hope
is implemented really could just expedite the
whole building process in the country, and those
benefits could be really just phenomenal.”

Major firm in the financial and legal services industry
invites applicants for the function of:

Corporate Assistant

Successful candidate will:

have responsibility for preparation of incorporation documentation, filings with the
Registrar of Companies, maintaining corporate records, preparation of directors and
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prepare all post incorporation documentation:

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updating and maintaining the corporate system in relation to companies to which the
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Good typing and organization skills required. Ability to work independently is essential.
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Salary commensurate with experience and qualifications

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Reply in confidence to:

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WATIONAL CHRISTMAS TREE
LIGHTING CEREMONY
The GOOD OLE DAYS OF CHRISTMAS

SCHEDULE

OF EVENTS

New Providence

Bay Street
Bank Lane
December 1, 2010

Elizabeth Estates

Elizabeth Estates Library
December 10, 2010

Street guys hate that." BREE EERE Eee eee eee ee

The Eden Centre

Carmichael
Carmichael Post Office
December 11, 2010

South Beach
South Beach Police Station
December 14, 2010

Family Islands

Dr. Liu Zelin (Leo)
Has MOVED from Village Road to Winchester Street, Palmdale
New phone number are: 328-6817, 328-6819 cell: 454-0188

Miraculous Chinese Medical Doctor
heals patients ailments

Governor's Harbour, Eleuthera
December 3, 2010

Marsh Harbour, Abaco

SE EE ee

December, 4, 2010

Treasure Cay, Abaco

A man suffered from severe pain in his right knee for a long December 13, 2010

time. He found it difficulty to move around. His knee was
swollen and very stiff. He had this problem for 2 1/2 years.
After three treatment visits the swelling went down and he
was able to move around with no problem. I recommend this
treatment for persons who want results and do not want to
have surgery.

Deadman’s Cay, Long Island
December 8, 2010

Fresh Creek/Nicholl’s Town
December 17, 2010

Georgetown, Exuma
December 15, 2010

An elderly man 84 years old suffered from high blood pressure
and diabetes. After 3 visits his blood pressure went to normal

Freeport, Grand Bahama
and his diabetes is now under control.

Grand Bahama Post Office

Scorn ais December 18, 2010

DIABETES, HYPERTENSION, SINUS, ARTHRITIS, CARPEL
TUNNEL SYNDROME, REPETITIVE STRESS INJURIES,

STIFF NECK

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





THE TRIBUNE

MONDAY, DECEMBER 6, 2010, PAGE 11B



INSIGHT

Uncommon sense

FROM page 12B

technical and vocational
training — less expensive
for young men of modest
means.

The friend pointed out
that helping young men to
earn and contribute to a
household can be a huge
help to them and their often
young and struggling moth-
ers as well.

She said: "I’m a young
mother; my daughter is 16. I
grew up in Montell Heights
where there was shooting
and violence every day. I try
and get out of that but if
someone can’t help me get a
house or move out of this
area then my child is gonna
grow up in that same system,
the same thing. My time was
good, but her time will be
worse.

"All it is just the same
thing, just a different day,
different year, but it trickles
down. My mummy had two
children for two different
men. It will trickle down — I
end up with two, my child
will end up with two. My
mummy had a baby when
she was 18; I had mine when
I was 16.

"Good thing I break the
cycle and my daughter didn’t
have hers when she was 16,
but I feel as though if she
was still in Montell Heights
where I was growing up she

might have. So I break the
cycle by trying to say, 'Well
you try to go to college,
mummy couldn’t go. Mum-
my didn’t graduate from
high school, but I have a
good job’.”

But these women are not
fooled by all those who cry
poor mouth.

Ms Smith said that sim-
ply having qualifications is
not enough on its own,
"because it's a choice to
improve your life — it’s on
you."

Her friend noted that
many people in Bain Town
claim they need help, but
"could get a hair-do every
day and don’t go to work.

"So it depends on who
wants to be helped — people
will tell you ‘Oh I want to
be helped’, but they don’t
want to do the work. You
can open up the door for
me, but I have to walk
through that door. Some
people want everything
handed to them, but that’s
not what we’re saying.

“Tf ?’'m willing to work for
what I want and my child is
younger, help me so that I
can be able to help the
young one growing up.

"If you help me, I might

be able to take in another
child who’s not doing so
good — my sister’s child,
whose mother may be drink-
ing or doing drugs — she sees
man beating up her mummy
every day, she’s going to say,
"Well man take care of my
mummy, man can take care
of me’.

"She could live with me
to have a better life because
what she sees her mother
doing, she will do the same.”

However, they know it is
unrealistic to expect that
everyone will react with such
generosity, so they feel that
whenever possible, it would
be best to remove children
from the suffocating atmos-
phere of these neighbour-
hoods altogether.

The aunt suggested a kind
of national recreation cen-
tre, "that way, you have
someplace for kids to go.
Right now there is no place
for our kids to go, nowhere.”

The friend said: “Or they
could do a daycare for when
parents go to work — they
don’t have no one to watch
their children. Instead of
leaving their child home
with this one and that one
who drinks rum or don’t stay
home or whatever, have

More foreign fighters seen
slipping back into Iraq

BAGHDAD

INTELLIGENCE officials say foreign
fighters have been slipping back into Iraq in
larger numbers recently and may have been
behind some of the most devastating attacks
this year, reviving a threat the U.S. military
believed had been almost entirely eradicat-
ed, according to Associated Press.

It is impossible to verify the actual num-
bers of foreign insurgents entering the coun-
try. But one Middle Eastern intelligence
official estimated recently that 250 came in
October alone. U.S. officials say the figure is
far lower, but have acknowledged an
increase since August.

At the same time, Iraqi officials say there
has been a surge in financial aid to al-
Qaida's front group in Iraq as the U.S. mil-
itary prepares to leave by the end of 2011.
They said it reflects fears by Arab states
over the growing influence of Iran's Shiite-
led government over Iraq and its Shiite-
dominated government.

On Sunday, security official Maj. Gen.
Qassim al-Moussawi said Iraqi forces are
searching for six foreign fighters who are
among Iraq's most wanted terrorists.

The six are suspected of involvement in
the Oct. 31 siege of a Christian church that
left 68 people dead and drew international
outrage, al-Moussawi said. They are also
suspected in two summertime attacks on an
Iraqi army headquarters in central Bagh-
dad that killed a total of 73 people.

"All who committed these attacks are
(non-Iraqi) Arabs," he said. "This indicates
the failure of al-Qaida leaders to recruit
Iraqis to carry out suicide attacks."

Al-Moussawi said five of the six suspects
are hiding in two Sunni Muslim-dominated
provinces bordering Syria, while one has
fled to Syria.

USS. officials are playing down the threat.

Army Col. Barry Johnson, a spokesman
for U.S. forces in Iraq, said the military
noticed a slight increase in foreign fighters
starting in August, but would not say how
many. He said the number remains far low-
er than when insurgents were rushing in
from Arab states between 2005 and 2007.

"There were some indications of a flow of
foreign fighters in,” Johnson said. "And that
is often associated with suicide attacks, so
we were anticipating something happen-
ing.”

Last year, U.S. counterterrorism officials
said the number of foreigners heading to
Traq had trickled from hundreds to "tens" in
what they described as a severely weakened
al-Qaida in Iraq.

But a Mideast counterterrorism official
said an estimated 250 foreign fighters
entered Iraq in October alone. He said they
came through the Syrian city of Homs, a
hub for Syrian Muslim fundamentalists that
is run mostly by Tunisians and Algerians.
Other fighters have come from Pakistan,
Saudi Arabia, Libya and Yemen.

Additionally, the official said tens of mil-
lions of foreign dollars annually are funding
the Iraqi insurgency, which has received
about $5 billion in aid since 2007. The mon-
ey comes from al-Qaida leaders, Muslims
who want the U.S. to leave, and so-called
‘Arab nationalists’ who are eager for Sunni
Muslims to regain power in Shiite-domi-
nated Iraq.

The official spoke on condition of
anonymity because he was not authorized to
brief the media.

Even at the height of the war, foreign
fighters were considered a small percent-
age of the total insurgents in Iraq. But their
presence encouraged donations from over-
seas, and they made up some of the most
hardcore jihadists who were willing to carry
out suicide bombings.

Officials see the fingerprints of foreign



IRAQI MILITARY spokesman Maj. Gen. Qas-
sim al-Moussawi speaks to the media during a
press conference in Baghdad, Iraq, Sunday,
Dec. 5, 2010. Al-Moussawi says security
forces are on the lookout for six foreign fight-
ers who helped launch horrific attacks this
year that killed more than 140 people. (AP)

fighters in a spate of recent attacks:

—Four of the church bombers who were
from Libya and Syria and carried fake ID
cards that identified them as mutes to avoid
talking in foreign accents to checkpoint
guards, Iraqi Deputy Interior Minister
Ahmed Abu Raghef told The Associated
Press. He said $70,000 cash was seized from
a western Baghdad home where their cell's
leaders were operating.

—A Tunisian who was also pretending to
be mute was arrested on terror charges in
August in eastern Diyala province, accord-
ing to an Iraqi security official who spoke on
condition of anonymity because he was not
authorized to talk to the media.

—A Moroccan fighter was captured and
two non-Iraqi insurgents were killed in a
raid last Thursday in the northern city of
Mosul, said Defense Ministry spokesman
Maj. Gen. Mohammed al-Askari.

—Four Jordanian fighters were killed by
US. troops in Iraq, according to a Novem-
ber claim by the Islamic State of Iraq, a
front group for al-Qaida.

—A Nov. 2 string of rapid-fire blasts in
Shiite neighborhoods across Baghdad killed
91. Iraqi counterterrorism commander Maj.
Gen. Fadhel al-Barwari said it must have
been carried out with foreign financing to
buy the explosives needed “to launch an
attack with a big number of casualties."

U.S. officials and experts voiced doubt
that the foreign aid is as high as Iraqi and
Mideast authorities believe.

A senior U.S. military official who spoke
on condition of anonymity to talk candidly
about the sensitive issue estimated about
10 foreign fighters enter Irag each month.
Michael Knights, a Lafter Fellow at the
Washington Institute for Near East Policy
predicted there are only "small cells of expe-
rienced foreign fighters in ISI."

But an analysis by private global intelli-
gence firm Stratfor concluded that foreign
help in the church siege signals al-Qaida
"may have found a new source for militants,
and they may have more resources to carry
out fresh attacks."

somewhere, a nursery where
people could come and drop
their children off during
working hours and then pay
(that’s a job too; parents
don’t have a problem pay-
ing because you have to go
to work to make money). A
lot of people don’t go to
work because they don’t
have anyone to watch their
children.”

The aunt added: “Not
only that — if you go to work
and something happens to
your children, the first thing
people say is ‘If that woman
used to stay home and keep
them children, this wouldn’t
have happened, or the child
would have grown up differ-
ent’. But parents have to
work.”

For these women, crime,
its causes and possible solu-
tions are clearly complex
issues requiring far reaching
action. Whether or not the
majority of Bahamians liv-
ing in “Over the Hill” com-
munities share these senti-
ments is unfortunately very
difficult to judge; the opin-
ion of the common man or
woman features rarely in the
Great Debate on Crime
which the "experts" seem to
be perpetually engaged in.

In addition to the official
police line, substantial atten-
tion is given to the insistence
of the religious bunch that
crime is a righteous plague
visited upon us as a penalty
for turning from God - a
view which conveniently
ignores the comparative
peace and safety enjoyed by
numerous societies much
less saturated with "religion"
than ours. Then there are
the fearful wealthy, who —
despite the fact that the vast
majority of victims are some-
one else — seem to suspect
crime is a specific attack on
their way of life, perpetrated
by mindless barbarians bent
on destroying them exclu-
sively.

Meanwhile, "Grass roots"
views on crime are usually
aired only at moments of
heightened tension or emo-
tion — immediately follow-
ing a murder or other vio-
lent incident for example —
resulting in understandably
extreme reactions being tak-
en for common opinion.

As aresult, working peo-
ple are seen to be either part
of the "pro-hanging march"
torch-and-pitchfork crew,
eager to sacrifice any and all
suspects to the gods of
vengeance; or the "Thug
Life" crime-as-righteous-
rebellion crew, who see the
police as an enemy guilty of
harassment and provocation.

But Ms Smith and Co. are

right: it is not just a matter
of turning to God, catching
and keeping a handful of
criminals, of putting up high-
er fences around your house.

To deal with crime, you
have to face the fact that it
has become deeply
entrenched in this society,
that the cycles of abuse and
neglect of which these
women spoke will not be
broken easily.

The solutions have to be
practical, realistic — but cru-
cially, must involve personal
responsibility as well as a
helping hand.

The simple decision to see
things clearly, no matter how
bad they are, can itself lead
to healthier behaviour and
begin to restore our sense of
community.

Ms Smith said: “We have
to live as one — I always told
my co-workers that, because
you don't know who's next.
On the job I try to talk and
laugh and joke, because you
don't know who is next. I
didn't know I was next.”

Ms Smith is, however,
under no illusions that good
sense will prevail anytime
soon. Referring to her son's
death, she said, "It ain't the
first one, and sad to say, it
ain't gon' be the last.”

What do you think?
email:
pnunez@tribunemedia.net

GN-1141

POLICE DEPARTMENT

TRAFFIC PRESS RELEASE NOTICE
THE ANNUAL JUNIOR JUN RANCHO PARADE ON

THURSDAY 9 DECEMBER, 2010

INFORMATION

Che Annual Junior Junkanoo Parade will be held om Thorsday

Sine! al f:00 p.m. until

HO TE

The routes of the parade are as fills

He.
9 December, 20170 on Baas

The starting point is Bay and Fredrick Streets encting at Bay and East Streets

NO PAR RING

From 3:00 pon. and unl the pulrade no vehiches will be allowed to park on Che ferdlewnrns

SArcces.

BAY STREET BETWEEN FREDRICK ANT EAST

STREETS

BANK LANE

FREDRICK STREE

T BETWEEN SHIRLE’

STREETS AND WOODES RODGERS WHARI

CHARLOTTE STREET BETWEEN WOODES
RODGERS WHARF AND SHIRLEY STREET

WOODES RODGERS WHARF

ELIZABETH AVENUE

EAST STREET BETWEEN SHIRLEY STREET
AND WOODES RODGERS WHARF

PARLIAMENT STREET BETWEEN WOODES

RODGERS WHARF AND EAST HILLSTREET

MARKET STREET BETWEEN BAY AND

DUKE STRETS

* TRINITY PLACE

BOTH SIDES

BOTH SIDES

HO

SIDES

OTH SIDES

BOTH SIDES

BOTH SIDES

MOTH SIDES

BOTH SIDES

BOTH SIDES

BOTH SIDES

From 3:00 pum. on Thursday, 9 December 2010 until after the parade ihe following
streets wall be closed to vehicular attic:

EAST STREET BETWEEN FREDRICK AND EAST

STREET

BANK LANE

FREDRICK STREET BETWEEN SHIRLEY STREET

AND WORIDES RODGERS WHARF

CHARLOTTE STREET BETWEEN WOODES
RODGERS WHARF AND SHIRLEY STREET

PARLIAMENT STREET BETWEEN WOODES
RODGERS WHARF AND EAST HILL STREET

TRAFFIC DIVERSION

BOTH SIDES

BOTH SITES

BOTH SIDES

BOTH SIDKES

BOTH SIDES

Vehscular traffic traveling north along Navy Lion Road will continue east along Woodes
Rodgers Wharl to East Street, south along Ease Sirect to Bay Stncet.

Vehicular trate traveling cast bound on Hay Street will be diverted south onto Market

Screet.

Vehicular traffic traveling north bound on East Strect will be diverted east on Hay Street,

Ellison dé”. Greenslade
Commissioner of Police.



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



Full Text

PAGE 1

N N A A S S S S A A U U A A N N D D B B A A H H A A M M A A I I S S L L A A N N D D S S L L E E A A D D I I N N G G N N E E W W S S P P A A P P E E R R RBDF fears after poaching arrests C M Y K C M Y K Volume: 107 No.13MONDAY, DECEMBER 6, 2010 PRICE 75 (Abaco and Grand Bahama $1.25) WEATHER SUNNY AND BREEZY HIGH 75F LOW 59F I N S I G H T SEEPAGE12C Uncommon sense N E W S SEEPAGETHREE Alan Arkin honoured By AVA TURNQUEST Tribune Staff Reporter aturnquest@tribunemedia.net T HE seizure of two illegal fishing vessels this weekend and increased reports of poachers in the Ragged Island chain have heightened the concerns of the R oyal Bahamas Defence Force. Reports reaching The Tri bune late last night indicated that another vessel may have been seized in addition to Saturday mornings catch, which led to the arrest of 96 fishermen. Details could not be confirmed up to press time, however officials explained that the number of boats seized did not match initial reports, and RBDF mem bers were still scouring the area. Officers on the Defence Forces Dauntless Class P48 boarded and searched two 65ft vessels fishing shortly after 7am on Saturday. A ccording to reports from Spanish Wells, the boats were picked up on the Conchina banks, just west of Ragged Island, which arew ell known for its grouper schools. The grouper season officially closed at the beginning of this month. In a press statement yesterday, the Defence Force said: The search led to the confiscation of a large quantity of shelled and scaled fish, and the arrest of nearly 100 persons, believed to be Dominican fishermen, on board. The apprehended craft are being escorted by Defence Force vessels to the capital, where the foreign fishermen will be turned over to relevant authorities for further processing. Throughout the years, and most recently in October, local fishermen have cried 96 Dominicans held as reports of illegalf ishing incr ease McCOMBO OF THE DAY N E W The Tribune THEPEOPLESPAPER BIGGESTANDBEST L ATESTNEWSONWWW.TRIBUNE242.COM SEE page 13 FESTIVEPERFORMANCE: The Royal Bahamas Police Force held its Drum Beat Holiday Extravaganza Concert in conjunction with the National LEADInstitute and the PACEFoundation at the National Centre for the Performing Arts. Police officials including Commissioner Ellison Greenslade (left were present at the event. HOLIDAYEXTRAVAGANZA CONCERT FELIPEMAJOR/TRIBUNE STAFF By ALISON LOWE Tribune StaffR eporter alowe@tribunemedia.net A POLICE officer who was accidentallys hot in the chest by another officer on Thursday has died, police said. Inspector Miller died o f his injuries in hospit al at 12.15pm yesterday. He had been admitted f or treatment on Thurs day morning after being shot during what policed escribed as a covert POLICEMAN SHOT BY ANOTHER OFFICER DIES OF INJURIES SEE page 13 UNMARRIED mothers once again accounted for the majority of all births in the Bahamas, and 20 per cent of all registered births were to nonBahamian women, accord ing to the latest figures from the Department of Statistics. In its completed Vital Statistics Report for 2008, the department said it recorded 5,480 live births, a decrease from 5,854 in 2007. The proportion of births registered rose from 87 per cent in 2007, to just over 93 per cent in 2008. Unwed mothers accounted for 60 per cent of all births. The largest number of UNMARRIED MO THERS A CC OUNT F OR MAJORITY OF BIRTHS IN BAHAMAS SEE page 13 By ALISON LOWE Tribune Staff Reporter alowe@tribunemedia.net ALLEGATIONS of over flowing and stinking toilets, insufficient food, beds and bedding, and sexual assault have again emerged from the Carmichael Road Detention Centre, with one recent detainee describing the experience as terrible. The man, who does not wish to be identified, was picked up recently by Immi gration officers and taken to the centre for around 24 hours. I know its not meant to be the Ritz Carlton, but it was really disgusting, said the man, who told The Tribune he felt compelled to raise awareness of the con ditions on behalf of those DET AINEE DESCRIBES TERRIBLE EXPERIEN CE A T DETENTION CENTRE SEE page 14 I N S I D E SECTIONINSIDE Real Estate

PAGE 2

C M Y K C M Y K LOCAL NEWS PAGE 2, MONDAY, DECEMBER 6, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM HOLIDAY FUN: John Bull held a holiday event on Saturday at its B ay Street store. There was fun for all the family with magic shows, face painting, arts and crafts and balloon animals. Santa also paid a visit and there was a Junkanoo performance. JOHNBULLJUNKANOOEXTRAVAGANZA PHOTOS: Felip Major /Tribune staff

PAGE 3

By MEGAN REYNOLDS Tribune Staff Reporter mreynolds@tribunemedia.net STAGE and screen star Alan Arkin stepped out on the red carpet at the Atlantis hotel on Saturday night to be honoured with a Career Achievement Award by the Bahamas International Film Festival (BIFF The prolific actor whose performance in Little Miss Sunshine earned him the Academy Award for best actor in a supporting role in 2007, was presented with his latest accolade by the young actress who starred opposite him in the film. Abigail Breslin, 14, said she was honoured by the opportunity to pay tribute to one of the best actors ever who was kind and patient with her when they worked together on the movie set, as she was just aged nine. Alan is one of the best actors ever, Miss Breslin told t he audience of around 150 p eople in the Atlantis theatre. People always ask me if he gave me any acting tips, and while I cant remember any specific pointers or tips, I can say that whenever Alan became Grandpa, I was so convinced that he was actually Grandpa that it made me become more Olive, and I actually forgot that we were pretending. So I want to thank you (Mr Arkin acters that youve created, and I cant wait to see the characters that you have yet to bring to life, so congratulations. Mr Arkin praised the C M Y K C M Y K LOCAL NEWS THE TRIBUNE MONDAY, DECEMBER 6, 2010, PAGE 3 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM 3 pc Queen Sleigh Bed 3 pc Queen Sleigh Bed 1 pc Dresser 1 pc Dresser 1 pc Mirror 1 pc Mirror 2 pc Nightstands 2 pc Nightstands 1 pc 5 Drawer Chest 1 pc 5 Drawer Chest Queen 8 Pc Queen 8 Pc $3,730 $3,730 King 8 Pc Set King 8 Pc Set $3,940 $3,940Solid Wood Solid WoodT T h h e e T T h h e e J J a a v v a a G G a a l l l l e e r r y y J J a a v v a a G G a a l l l l e e r r y yWongs Plaza Wongs Plaza Madeira Street Madeira Street (242 (242 2335 2335Financing Available Through Commonwealth Bank L L a a F F r r o o n n t t e e r r a a L L a a F F r r o o n n t t e e r r a a By DENISE MAYCOCK Tribune Freeport Reporter dmaycock@tribunemedia.net FREEPORT: Sir Jack Hayward, one of the principal owners of the Grand Bahama Port Authority, expressed his annoyance over the high electricity cost and inefficiency in power service, which he says are hindering major investments in Freeport. He noted that big companies have already pulled out of Freeport because of the electricity cost, and others have sustained major equipment damage and loss as a result of the frequent power outages. We had the glass company pull out and we had other people do the same, Sir Jack commented during a press conference in the Port Authority Boardroom. We (also plaints from Pharmachem. Every time there is a power cut it blows out some of their machinery and computers, and the power company has not been compensating them. In March, Fenestration and Glass Services closed its $20 million investment in Freeport because of the high cost of power and poor service reliability of the Grand Bahama Power Company. CEO Steve Howes reported at the time that they were being were charged six times the price of electrici-ty the company would be billed in North Carolina, where it has relocated. In addition to a power bill of $120,000, the QueensH ighway-based company a lso lost critical manufacturing equipment, resultingin at least $170,000 damage, as a result of surges in pow er supply on numerous occa sions. Polymers International L imited, a major plastics manufacturing plant locat-ed on Queens Highway, were also hit with electricity bills amounting to $500,000a month, forcing the com pany to lay off 26 contractors. Greg Ebelhar, chief oper ating officer, said the electricity costs is nearly five times that of its nearest US competitor. Sir Jack said the Port Authority has been very concerned over the power situation and has no plansto approve any request for rate hikes. The high cost of electricity and frequent power outages discourage industry, he said. It is something we were fighting against. We had no control over it except to set their rates which we had resisted them putting up rates over the past two years. Providing such inefficient electricity, we are not going to approve any hike in rates. I hope that they can bring in more generating equipment and more reliable equipment, but I hope also that they will bring theirprices down and read the meters, Sir Jack said. Even though many resi dential customers had tak en steps to limit their power usage and consumption by turning off major appliances By ALISON LOWE Tribune Staff Reporter alowe@tribunemedia.net SIX armed robberies took place between Friday and Saturday afternoon, with Cost Right supermarket at the Town Centre Mall targeted by three men armed with "high powered weapons", and two Nassau web shops also hit. Four men have been taken in for questioning in connection with two separate incidents, but up to press time last night, police were still on the lookout for those responsible in four of the matters. According Police Press Liaison Sergeant Chrislyn Skippings, the weekends activity began when police were called to an armed robbery at Flamingo Web Cafe, on Amos Ferguson Street and Poinciana Avenue, at around 2.35pm on Friday. They were informed that two men armed with handguns entered the business and demanded cash. "The culprits robbed the establishment and a customer of an undetermined amount of cash, said Sgt SkipSEE page 13 SIR JACK HAYWARD VOICES CONCERNS OVER ELECTRICITY Supermarket targeted in weekend armed robberies SEE page 15 Actor Alan Arkin honoured at BIFF SEE page 15 HONOUR: Alan Arkin

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EDITOR, The Tribune. As a citizen of the Bahamas I would like to put in my 5 cents worth on the controversial matter between Customs and the Aircraft Charter Companies which are legally operating a very much needed s ervice to the tourists that come to the Bahamas as well as to the Bahamian public who would have a nightmare travelling to the Family I slands if it were not for these charter services. First and foremost if as I am made to understand that this law about Customs duty on aircraft has always been on the books then I suggest it be very quickly taken off the b ooks because it has never ever been made known to the public since Independence came to the Bahamas. Therefore making it is a gross injustice to all of a sudden to decide that you are now going to try to collect duties which for all intents and purposes was not applicable in the first place. I would be willing to bet a fortune that there has not been a Customs officer in the Bahamas with the exception of the top 3 or 4 (and I doubt even they knew) during the last 37 years of Indepedence that had any clue that this was a law on the books. I f this has been allowed to exist in this manner with Customs officers on a daily basis giving clearance to these aircraft for all of this time and not letting people know that they were required to pay duty then it cannot be fair and just to now come and say they are going to collect. Besides all of this, there is the nightmare of aircraft having been in the Bahamas for 30 years or more and havingh ad three or four different owners during that time span and now the innocent person who owns the aircraft is being hounded to pay, when if Customs had known and beend oing their job the individual who brought the aircraft inw ould have had to pay the duty in the first place and it would not be a problem today, because it cannot be fair if Customs allowed someone else to break the law and then decides to penalize me for their negligence. Civil Aviation is supposed to be trying to clean up the charter industry to ensure the safety of the flying public, but this is not the way to go about this because the legal charter companies have to spend a small fortune to maintain their aircraft and keep them up to standards that can pass Civil Aviation inspections in order to keep a licence. While the hackers do not maintain their aircraft thus putting the flying public at grave risk. Also if it is fair for taxi operators to be able to get taxis duty free then it should also be fair for legal charter companies to get duty free privileges as well because, as I said before, they are supplying a very necessary service for tourists and Bahamians alike. I am writing this letter so that all fair-minded Bahamians can see and know what the true story behind all of this hullabaloo is really alla bout and give their support for fairness and equality. All who know me know that I strive every day to make sure that what belongs to the Treasury legitimately gets to go in the Treasury but fairness must be given to all. ABNER PINDER Spanish Wells, Eleuthera, December 4, 2010. C M Y K C M Y K EDITORIAL/LETTERS TO THE EDITOR PAGE 4, MONDAY, DECEMBER 6, 2010 THE TRIBUNE The Tribune Limited NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI Being Bound to Swear to The Dogmas of No Master L EON E. H. DUPUCH, Publisher/Editor 1903-1914 S IR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G., (Hon. P ublisher/Editor 1919-1972 Contributing Editor 1972-1991 EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B. P ublisher/Editor 1972Published Daily Monday to Saturday S hirley Street, P.O. Box N-3207, Nassau, Bahamas Insurance Management Building., P.O. F-485, Freeport, Grand Bahama T ELEPHONES Switchboard (News, Circulation and Advertising Advertising Manager (242 C irculation Department (242 N assau Fax: (242 Freeport, Grand Bahama: 1-(242 W EBSITE w ww.tribune242.com updated daily at 2pm JAMAICAS justice system is facing a serious problem of witness tampering. According to Jamaicas weekend Gleane r the matter came up for discussion last week at a case-management conference in t he Home Circuit Court. In many cases, the complaint was that witnesses could not be f ound. O ne of the judges suggested that if a witness had disappeared, the case should be thrown out. However, as it was pointed out such action would only encourage the dis a ppearance of more witnesses with more cases being thrown out for lack of evidencea nd accused guilty or not going free without trial. The whole judicial system w ould collapse. A Jamaican defence lawyer brought to the Circuit Courts attention five men accused of murder whose case has been on the courts calendar for the past six years. However, the case has now been put off because of insufficient jurors. J amaicas Director of Public Prosecutions, while sympathising with judges and lawyers, a cknowledged that a lot of witness intimidation was taking place in Jamaica. She said that as prosecutors they are operating in a challenging environment where a lot of people are afraid to testify and there are instances where witnesses are killed. However, she said, we would be handing a weapon to perpetrators to just simply have their friends put potential witnesses in fear b ecause they know the system has a new rule that once the witnesses do not turn up in court, the case is automatically thrown out. She said that a balance had to be arrived at, always bearing in mind that the accused had to be charged within a reasonable time. We have to strike a balance too in the challenging environment, the high crime rate and intimidation of witnesses, she said. D oes the Bahamas have the same problem? The answer is yes, but certainly not to the same degree. We have heard of a case in which a family is being terrorised right from a prison cell. They have been threatened that if they talk, they will be killed or their home will be burned down, we were told. It is understood that this family is so frightened that in three years they have changed homes 10 times. This is a murder case. We have heard of another case very similar in nature where henchmen of the accused torture witnesses by threatening reminders, either by phone or in person, as to what would happen if they talked. These are cases of which we are aware. However, we have been told that t here are others, and that witness tampering is becoming a problem. S everal years ago a well known drug lord was jailed. T here were several killings, some in F reeport, some in Nassau. Our reporters were always told that they were murders of retaliation one of the boys of a certain drug gang getting even with the boys ofa nother gang. They were slowly wiping each other out. All of our investigations led to ac ertain cell at HM Prison, Fox Hill. This is very serious. Somehow this threat t o society has to be neutralised. Prison administrators should know who these people are. A system has to be found to cut off their contact with the outside world and prevent them from directing their boys to do their dirty work for them. When discovered such persons regardless of their otherc harges should be jailed for life as being a danger to society. And the boys on the o utside should also be severely dealt with. If our system cannot protect the witnesses then those who threaten them should be locked away so that they cannot harm them. We have been told that a serious drug war is going on in the East Street, Market Street and Blue Hill Road areas, which would take in Bain Town. The allegation is that some criminal deportees are mixed up in t his tug-of-war over drugs. Criminal deportees those jailed in another country for serious crime, now being deported back to their last address are causing havoc in Trinidad and Jamaica and the rest of the Caribbean. It is understood that the situation is so bad in Trinidad that a plan is now under serious consideration to hold court in prison u sing computer screens. It has been decided that to move prisoners to regular courts as is done on a daily basis in Nassau is much too dangerous. We have been advocating such a change of court venue for Nassau for some time. Trinidad is finally going to do it to protect its citizens. Criminal deportees, who have served time in other criminal systems, bring a certain criminal sophistication back with them when they return to home turf. There are those who maintain that it is this element that has infiltrated the local scene. It is devastating Trinidad and Jamaica, we were told. Nassau, they say, is only catching up. Law about Customs duty on aircraft should be quickly taken off books LETTERS letters@tribunemedia.net Claim criminal deportees creating problems EDITOR, The Tribune. Our Bahamaland is in crisis. Crime is ram pant and some of our young people are seemingly lost in a world uf decadence and deviant behaviour. But there is hope for a change and we can start by taking back our basketball parks. These basketball parks that are in our com munities should be safe zones, but as they are now they are very unsafe. A basketball game sometimes turns into a fight amongst the players, people use foul language and play music spouting foul lyrics and theres the smoking of tobacco and marijuana cigarettes and the open consumption of alcoholic beverages. I say its high time we the people become brave enough to take back our basketball parks. How? What we need to do is make these places Christian themed basketball parks. By that I mean we need to repaint over all of that gang graffiti and now erect billboard signs displaying Biblical scriptures like the Lords prayer, the 23rd Psalm and the ten commandments. We should also erect large, towering crosses of concrete that can withstand the elements and time. Some of our people, though misguided, still have a deep respect and fear of God. There should also be a sign of park rules: 1. No fighting 2. No cursing 3. No graffiti 4. No weapons 5. No loud music 6. No smoking 7. No alcohol If these rules are abided by then these parks will indeed become safe zones. There should also be the placement of uniformed park war dens to help maintain order, control and discipline. Further to this, the church must get involved for it is often said that the church does not take their message out into the community anymore. Therefore the churches in the areas of these basketball parks should adopt them and hold regular evening services at least twice per week. These services should be of a casual and informal nature where the attendees may comea s they are and dressed as they are. Services should be no more that 40 minutes long as young people can become bored very easily and quickly. There would be the usual singing and p reaching but the preaching of the word must take a tone that is soft spoken, kind and uplifting. We must not preach down to the attendees, raining down hellfire, damnation and judgment upon them as this would be a turnoff and they may not return. There must be no collection of an offering as these services should be focused on the giving of the word not the receiving of money because attendees may feel that the church is only doing these services to take their money which would be another turn-off. At the end of each service there should be a call-out to those in attendance who wish to come forward and receive the cleansing of the Holy Spirit and be born again thus setting them on the right road in turning their lives around. This is how we can change the minds of our wayward youth. Phone and e-mail contacts should also be given out for those wishing to seek further counsel. Yes there is a lot of talk out there but I feel this is a plan of action in the right direction. I am not a very religious person but I do recognise the power that religion has and the impact it can have on a persons life. These are desperate times and though this plan may seem small I feel it can aid greatly in making a positive change in our great Bahamaland. Let us remember the song that says it only takes a spark to get the fire going. DEREK Nassau, November 29, 2010. Lets take back our basketball parks

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C M Y K C M Y K LOCAL NEWS T HE TRIBUNE MONDAY, DECEMBER 6, 2010, PAGE 13 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM o ut for greater security meas ures against poachers most notably Dominican who were said to rape and plunder Bahamian waters indiscriminately. Those most affected called for authorities to form an international coalition to crack down on companies which profit from poaching in Bahamian waters. When a boat from the Dominican Republic was captured in October with more than 25,000lbs of illegal fish, Myron LockhartBain, former chief counsel lor of Ragged Island, said the only way to alleviate the problem was to implement stricter regulations which a ffect the boat owners. M r Lockhart-Bain suggested cooperation between Bahamian and Dominicang overnments to impose stricter fines and sentencing for poachers. Brent Symonette, the Minister of Foreign Affairs, declined to comment on whether or not there could possibly be a diplomatic solution to the poaching issue. However, Mr Symonette said: Obviously each coun try knows where its fishing waters are. We have very fruitful waters and we intend on protecting our fishing rights. At the end of the grouper season, we increased patrol in certain areas and the recent arrests are a result of that. operation. Pressed for further details on the circumstances surrounding the i ncident at the time, Assist ant Commissioner of P olice Hulan Hanna said he could provide no more information because it would risk compromising the polices work. Officers were participating in an operation in s outhwest New Providence when an officer was accid entally shot to the upper body by one of his colleagues. This was a police opera tion, we cannot say anything else about it. A lot of the work officers do are by n ature covert, and if we c omment on some of the t hings we have to engage in, it would compromisef uture operations, he said. A tribute to the officer was expected to take place during the polices vari ety concert at the National Centre for the Performing Arts yesterday evening. births were to women aged 25 to 29. Teenage mothers accounted for about 12 per cent of registered births. T en per cent of these births w ere to girls under 15. T he majority (75 per cent) of all registered births were to mothers whose usual residence is New Providence. In 2008, registered births to non-Bahamian mothers s tood at 20 per cent. Just over three quarters (79 per c ent) of the non-Bahamian mothers were of Haitian origin. The year 2007 recorded the highest sex ratio of male to female registered births, reporting 105 boys f or every 100 girls born. H owever, in 2008 a d ecline of 97 boys to every 1 00 girl births were recorde d. T here were a total of 1,863 deaths in 2008, resulting in a crude death rate of 5.5. Mortalities among the male population continued to be the highest at 1,026; w hile the incidences of d eath for females stood at 8 37 in 2008. Hypertensive and heart diseases remained the major causes of death among men and women. T he second largest number of all deaths occurred among persons with cancer. Breast cancer in women and prostate cancer in men continue to be the two m ajor types of cancer d eaths. D eaths caused by AIDS d eclined for the second consecutive year. Infant immortality rate i ncreased slightly over the p revious year from 17.6 in 2 007, to 17.9 in 2008. A similar growth pattern w as registered for stillb irths from 14.2 in 2007, to 15.0 in 2008. T here were 1,969 marriages recorded in the Bahamas in 2008, which s howed a slight decline of 2.6 per cent from the prev ious year. The marriage rate declined to 5.8 in 2008 from 6.1 in 2007. in their homes, they complained that their monthly bills were still very high and suspected that the company was estimatingt heir bills based on past billings. Sir Jack, who also owns a residence in Freeport, said he too r eceived a bill for over $600 although he had been off the island for an extended period of time. We vacated it for a whole month, cut off all electricity: the light, air condition, even hot water heater, and we still got a bill for $625 when there is no one at the cottage at all, he said. L ast Thursday, the G B Power Company announced that Emera had purchased 55.4 per cent of MaruEnergys (a Japanese based company) interest in the company, making it them ajority owner of the power company with a total interest of 80.4 per cent. Emera CEO Chris Huskilson also announced plans to build a new $35 million generating station to provide more reliable and efficient power supply on Grand Bahama. He also stated that the company will install two, one megawatt wind turbine, early next year after a wind study on thei sland which concluded that wind energy is possible. We want to make the islands electrical system less reliant on fossil fuel and less susceptible to variable fossil fuel prices, M r Huskilson said. Sir Jack was pleased by the news and called it a real step forward for the power company. It is great, we couldnt bem ore delighted in the Port Authority, he said. SEEPAGEFIVEANDBUSINESSSECTION POLICEMAN SHOT BY ANOTHER OFFICER DIES OF INJURIES FROM page one FROM page one SIR JACK HAYWARD VOICES CONCERNS RBDF FEARS AFTER PO ACHING ARRESTS FROM page three UNMARRIED MOTHERS ACCOUNT FOR MAJORITY OF BIRTHS IN BAHAMAS FROM page one ON-SONG: Singers perform at the Drum Beat Holiday Extravaganza Conc ert held by the Royal Bahamas P olice Force in conjunction with the N ational LEADInstitute and the PACE F oundation at the National Centre for t he Performing Arts last night. Felip Major /Tribune staff DRUM BEAT HOLIDAY EXTRAVAGANZA CONCERT

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who remain inside. Immigration Minister B rent Symonette yesterday p romised he would have some of the mans claims investigated those regarding the toilets saying that ift rue, this would be totally u nacceptable. He also said he was unaware of a bedding issue in the Detention Centre, saying the last timehe visited there was bedding p rovided for detainees. However, he further charged that if conditions are uncomfortable then people shouldnt break the law. Those in The Bahamas working illegally should regularise their status or leave immediately, said Mr Symonette. The detainee said his previous work permit hade lapsed, and he had applied to the Department of Immigration for a new one to be issued. His claims come over a y ear and a half after the government commissioned a report on conditions at the Detention Centre following repeated claims of abuse,i nsufficient food and generally squalid living conditions at the immigration holding centre. The government claimed the findings of the review,w hich involved a tour of the facility by a number of government and non-government individuals, including psychologist Dr DavidA llen, Social Services Director Melony Zonicle, Archdeacon James Palacious, Royal Bahamas Defence Force Senior Lieu-t enant Frederick Brown and Immigration Director Jack Thompson, were that some of those allegations could not be substantiated while other concerns would bea ddressed. Despite promises from previous minister of state for immigration, Branville McCartney, that a reportc ommissioned into conditions at the facility would be released, it never has been. In an interview with The Tribune in April, Minister of I mmigration and Deputy Prime Minister Brent Symonette said he was unsure if the report wouldb e released. However, Mr Symonette s aid at that time that as far as he knew there are no outstanding issues at the Deten-t ion Centre. Yesterday, the detainee t old T he Tribune t hat after having been brought to the Detention Centre at around5 .30pm, he and a number of others were not fed anything until the following morning. F or breakfast, detainees were given porridge with w eevils in it. A lot of the people I spoke to in there said that ifi t werent for friends or family bringing them food, they w ould not have enough to eat in general, said the man. A visit to the mens bathr oom was a horrifying experience, he claimed. The toilets were blocked and overflowing. There was (faecesw ere no urinals, just a hole in t he wall where I guess it used to be, and no toilet paper. There was water leaking from a pipe on to the floor. You wouldnt want to gow ithin five feet of those toilets but if you were at that end of the dorm you could smell everything. There just looked like t here was so much potential for disease to be spread throughout the place, said the man. Showers for bathing were a lso located in the same area as the toilets, making the possibility of washing another daunting prospect, he added. I met a Cuban man who had been in there for six months. Others had been in there for a couple of years. The Cuban guy said thec leanest place was in the wash-house where they had a hose and so he used that to s hower, said the man. According to the detainee, t here were no tables or chairs in the area, meaning that even sitting down excepto n the floor was a difficulty. Meanwhile, the man heard secondhand stories about the alleged experiences of oth-e rs which were more appalling than his own i ncluding claims of rape and a woman who was haemorrhaging blood but went with-o ut requested medical attention for two or three days. People said no-one except the guards ever come in to check on peoplesh ealth or see how people are doing, said the man. With around 70 people in t he Detention Centre at the time he was admitted, there were only around 50 beds. This meant that there were a lot of people who w ere not able to sit or lie down, and there was no bedding whatsoever. In weather like this, if you didnt have much to w ear, you would freeze, said the man. Mr Symonette said the g overnment has been mak ing efforts to keep the num ber of people at the Detent ion Centre to a minimum and recently the facility was almost empty after a number of repatriations. However, following the d estruction of one of the dormitory buildings in late 2 008 during an alleged arson attack by a detainee, only a finite number of beds area vailable. When we do have apprehensions we cant control the numbers that we appre hend, said Mr Symonette. C M Y K C M Y K LOCAL NEWS PAGE 14, MONDAY, DECEMBER 6, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM DETAINEE DESCRIBES TERRIBLE EXPERIENCE AT DETENTION CENTRE F ROM page three I MMIGRATION MINISTER B rent Symonette

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pings. They fled the area in a red 1997 Mitsubishi Montero licence plate 118324, which was stolen from outside the establishment. A short while later police recovered the vehicle on Cordeaux Avenue and Exuma Street." One of the crooks was wearing a white T-shirt and a black pants, the other a multicoloured shirt and blue jeans. At around 7.15pm, police attended the scene of the next reported armed robbery on Lincoln Boulevard, south of Wulff Road. Sgt Skippings said: "A female was inside her residence when she was approached by a dark male wearing a dark hooded jacket with a scarf over his face, allegedly armed with a handgun, demanding cash. The culprit robbed the woman of an undisclosed amount of cash and an ipod and fled the area on foot in an unknown direction." A man arriving home at 3am on Williams Lane, in Nassau Village, became the next armed robbery victim when he was accosted in his driveway by a masked man armed with a shotgun. The robber demanded cash but was told by the victim he had none. The victim was then approached by another man armed with a handgun who took his vehicle, a 2001 black Ford Ranger, licence plate number 18393. The two men fled the area in the vehicle. At around 8.20pm that day, police recovered the truck at the Texaco Service Station, on Faith Avenue and took two men, aged 23 and 40, into custody in connection with the incident. Island Luck web shop on East Street and Windsor Lane was hit by an armed robber a t around 5pm on Saturday. Police report that a darkskinned man with a gold tooth, wearing a black-hooded sweater and short blue jeans, entered the building and demanded cash. He got away with an undisclosed amount of money and fled the area. Meanwhile, it was around 6.20pm when three men allegedly armed with highpowered weapons approached a woman security guard at Cost Right foodstore at the Town Centre Mall, led her into the store and demanded cash. "The culprits robbed the establishment of an undetermined amount of cash and fled the area on foot west on to Graham Drive, Yellow Elder.It is reported that one of the suspects wore a red jacket with red tennis shoes, a black pants and a white Tshirt," said Sgt Skippings. Just under an hour later, police were called to another armed robbery at Baillou HIll Road and Graham Drive. Officers were informed that a woman, while waiting at a bus stop on Baillou Hill Road, was approached by two men one of whom was armed with a knife. The men robbed the woman of her cell phone and fled in a red two-door Honda Accord. Two men, aged 19 and 22, are assisting police with their investigations. C M Y K C M Y K LOCAL NEWS THE TRIBUNE MONDAY, DECEMBER 6, 2010, PAGE 15 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM young actress as being as professional and brilliant as anyone he has ever worked with. Having just finished three films and with an autobiographical book to be published in March, Mr Arkin has clearly not slowed the pace of his expansive artistic career. In a candid interview with fellow New York native Jeffery Lyons, the host of the TV show Lyons Den, Mr Arkin divulged some of the highlights and pitfalls of his experiences from the stage to the silver screen, and then as a director, producer, writer and musician. Mr Arkin broke into showbusiness after he wrote Harry Belafontes mega-hit The Banana Boat Song (also known as Day-O), and went on to pursue his passion, a career in acting, with the Second City improvisational troupe in Chicago. From Chicago he went on to Broadway and won a Tony award for his first stage role as the lead in Carl Reiners Enter Laughing in 1963. His first film performance as a Soviet sailor in the farcical 1966 comedy The Russians Are Coming! The Russians Are Coming! won him an Oscar nomination, and in 1968 his lead role in The Heart is a Lonely Hunter secured Mr Arkin his second Oscar nomination. His career continue to expand as he developed his skills as an actor, director, producer and a writer, starring in films too numerous to mention throughout the years into the new millennium. After viewing the montage of his work, Mr Arkin said: Its like looking back on a family album for me. I see things I would like to have done better, but thats good, it means I have grown. Its been the only thing I know how to do basically, and I have got to make a living like everybody else in the world; except for some people who live in the Bahamas, he quipped. FROM page three Actor Alan Ar kin honoured at BIFF Supermarket targeted in weekend armed robberies FROM page three

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A LI AKBAR DAREINI, AP G EORGE JAHN, AP TEHRAN, Iran Iran delivered a resolute m essage on the eve of talks with six world powers: We're mining our own uranium now, so there is no stopping our nuclear ambitions. The Islamic Republic said S unday it has produced its first batch of locally mined uranium ore for enrichment, making it independent of foreign count ries for a process the West fears is geared toward producing nuclear arms. No matter the U.N. sanctions o ver the program, "our nuclear activities will proceed and they will witness greater achievements in the future," Iranian n uclear chief Ali Salehi told state-run Press TV. Western officials downplayed the announcement, saying it had been expected and that Iran did not have enough ore to maintain the large-scale enrichment program that Tehran says it is building as a source of fuel f or an envisaged network of nuclear reactors. "Given that Iran's own supply of uranium is not enough for a peaceful nuclear energy program, this calls into further question Iran's intentions and raises additional concerns at a time when Iran needs to a ddress the concerns of the international community," said Mike Hammer, spokesman of the U.S. National Security Council. Sunday's announcement makes clear that Iran does not consider uranium enrichment t o be up for discussion at the talks beginning Monday in G eneva. Tehran is determined to expand the program insteado f scrapping it as the U.N. Security Council demands. Expectations for the talks had been low even before the announcement, with Iran saying it is prepared to discuss nuclear i ssues only in the context of global disarmament. Officials from some of the six powers have said they would be pleased if negotiations yielded no more than agreement to meet at a later date to explore common themes. The ultimate aim of the U.S., R ussia, China, Britain, France and Germany is to commit Tehran to give up enrichment because of its potential use in making nuclear arms. T he talks in Geneva the f irst in over a year are meant to lay the cornerstone for establ ishing trust. Tehran says it does not want atomic arms, but as it b uilds on its capacity to potentially make such weapons, neither Israel nor the U.S. have ruled out military action if the Islamic Republic fails to heed U.N. Security Council demands to freeze enrichment and other n uclear programs. The talks are expected to take two days. Saeed Jalili, Iran's top nuclear negotiator, will meet with EU foreign affairs chief Catherine Ashton, with Ashton's office saying she will act "on behalf" of the U.S., Russia, China, Britain, France a nd Germany. In fact, senior officials for those six powers will attend and do much of the talking with Tehran. Ahead of the talks, Western o fficials urged Tehran to a ddress international concerns about its nuclear activities. I nvoking possible military confrontation over Iran's n uclear defiance, British Defense Secretary Liam Foxs aid Saturday that the Geneva talks need to make a serious s tart toward resolving the issue. "We want a negotiated solution, not a military one but Iran needs to work with us to achieve that outcome," he said." We will not look away or back down." U .S. Secretary of State Hillary Clinton said it was up to I ran to restore trust about its nuclear intentions, urging it to come to Geneva prepared to "firmly, conclusively reject the pursuit of nuclear weapons." G erman Foreign Minister Guido Westerwelle said an uclear-armed Iran "was unacceptable for us." Sunday's announcement by Salehi burdened the pre-talk atmosphere, adding to tensions left by the assassination last week of a prominent Iranian n uclear scientist and the wounding of another. Salehi, head of the Atomic Energy Organization of Iran and the country's vice president, said Iran had for the first time delivered domestically mined raw uranium to a processing facility allowing it to b ypass U.N. sanctions prohibiting import of the material. Salehi said the uranium ore concentrate, known as yellow cake, was produced at the G achin uranium mine in southe rn Iran and delivered to the uranium conversion facility in t he central city of Isfahan for reprocessing. Y ellowcake is processed into uranium hexafluoride, whichl ater can be turned into a gas used as feedstock for enriching u ranium. Uranium enriched to low grades is used for fuel in nuclear reactors, but further enrichment makes it suitable for atomic bombs. S alehi said the delivery was evidence that the mysteriousb ombings targeting the two Iranian nuclear scientists would n ot slow the country's progress. "Today, we witnessed the shipment of the first domesti cally produced yellowcake ... from Gachin mine to the Isfa h an nuclear facility," said Salehi, whose comments wereb roadcast live on state television. C M Y K C M Y K INTERNATIONAL NEWS PAGE 16, MONDAY, DECEMBER 6, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM Iran claims nuclear advance ahead of talks (AP Photo/Vahid Salemi PRESSBRIEFING: Irans top nuclear negotiator Saeed Jalili, right, speaks with media, during a press briefing, in Tehran, Iran, Saturday, Dec. 4, 2010. A picture of Majid Shahriari, a prominent nuclear scientist, is seen on the bottom of the podium, who was killed in a bomb attack on Monday, Nov. 29. HAROLD HECKLE, Associated Press MADRID Spanish airports were back operating at normal levels Sunday after a 24-hour wildcat strike by air traffic controllers caused travel chaos for hundreds of thousands of people on one of the country's busiest holiday weekends. The government quashed the strike Saturday, announcing an emergency measure calling on the controllers to get back to work or face the threat of jail time. Shortly after the measure was implemented, controllers started trickling back to their posts. More than 4,000 flights were scheduled and out of 296 controllers supposed to be working, 286 were at their posts, enabling airports to "operate fully," Spain's civil aviation authority said. The government implemented a "state of alarm," normally reserved for catastrophes such as earthquakes or floods, to get planes back in the skies and clear chaotic airports clogged with irate travelers who had seen their holiday hopes dashed by the unannounced strike. Spain's airpor ts recovering from controller strike

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C M Y K C M Y K INTERNATIONAL NEWS THE TRIBUNE MONDAY, DECEMBER 6, 2010, PAGE 17 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM IAN JAMES,AP CARACAS, Venezuela From mangrove swamps in Venezuela to lowland forests in Indonesia, entire communities of plants and animals are under threat. Now scientists are figuring out how to catalog and map the world's most threatened ecosystems, j ust like their familiar lists of endangered species. S ome experts say drawing up a global "Red List" of vanishing ecosystems would help them spot looming crises caused by climate change, cutting of forests and many other problems. The list also would sharpen the focus on areas that should be handled as conservation priorities. Along the shore of Venezuela's Lake Maracaibo, runoff filled with sediment and pesticides has been smothering animals that once lived among the roots of the mangrove trees, including crabs, fish hatchlings and shellfish, said Luz Esther Sanchez, a marine biologist and ecologist. She has been studying such dead zones and says saving the mangroves requires a comprehensive effort to reduce water pollution and halt the clearing of other forests upstream. "Declaring the mangrove ecosystem threatened would be very useful for conservation," Sanchez said. "People stand up to defend dolphins. People stand up to defend turtles. But I've never seen them defend the mangrove forest with the same vehemence." An international working group of biologists and conservation experts has been developing a system for classifying threats to ecosystems, and in October presented an initial blueprint at a U.N. conference on biodiversity in Nagoya, Japan. "If we can get a good, rig orous scientific system in place that is relatively easy to monitor worldwide, ... you can follow these changes and describe them and ring the alarm bell where things might go wrong," said Dutch con servation expert Piet Wit. He chairs the Commission of Ecosystem Management of the International Union for Conservation of Nature, or IUCN, which maintains the Red List of thousands of threatened plants and animals that is the international standard. Some scientists caution that agreeing on precise categories to divide up habitats would be a monumental task. But many already agree on some ecosystems that are threatened or endangered, including many coral reefs, salt marshes, mountain habitats threatened by rising global temperatures, grasslands in southern Russia and Brazil's Atlantic forest. Logging poses a serious threat to the lowland forests on Indonesia's Borneo Island that are home to endangered orangutans. In the Andes, expanding farmland has frag mented the cloud forests where spectacled bears live. Scientists aim to map and save endangered habitats (AP Photo/Ed Wray, File LOGGINGTHREAT: In this Nov. 5, 2006 file photo, Kessi, a young female orangutan looks at the stump where her hand was cut off by plantation workers at an orangutan rehabilitation center in Palangkaraya, Kalimantan, Indonesia. Logging poses a serious threat to the lowland forests on Indonesias Borneo Island that are home to endangered orangutans and scientists are figuring out how to catalog and map the worlds most threatened ecosystems, just like their familiar list of endangered species. ( AP Photo/Dita Alangkara, File) CUTDOWN: In this Nov. 2, 2007 file photo, logs sit before being t ransported as natural forest is seen on the right in Pangkalan Kerinci, Riau province, on Sumatra island, Indonesia.

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B RETT ZONGKER, Associated Press WASHINGTON W hen The Beatles were storming America, Oprah Winfrey had the band's poster on her bedroom wall, Merle Haggard was free from prison, Jerr y Herman was making Broadway sing and Bill T. Jones was not yet a dancer but growing up in a migrant labor camp. O n Sunday, these leading artists who followed divergent paths since the 1960s joined Paul McCartney to receive the Kennedy Center Honors. They h eard accolades from President Barack Obama. "Although the honorees on this stage each possess a staggering amount of talent, the truth is, they aren't being reco gnized tonight simply because of their careers as great lyricists or songwriters or dancers or entertainers," Obama said. "Instead, they're being honored for their unique ability to bring us closer together and to capture something larger about who we are not just as A mericans, but as human beings." Stars also were performing as part of the nation's top prize for those who define U.S. culture through the arts. The president and first lady Michelle Obama had arrived and former Secretary of State Colin Powell w as sitting with them in their box. Gwen Stefani and her band, N o Doubt, were going to perform the Beatles' "Hello, Goodbye." "It's so hard doing someone else's song, especially a genius,"S tefani said. Secretary of State H illary Rodham Clinton hosted a dinner Saturday for the honorees, along with visiting celebrities, including Stefani, Julia Roberts, Claire Danes,S teven Tyler from Aerosmith. T he guests also included veteran entertainers Carol Channing, Angela Lansbury and Sidney Poitier. Clinton marveled at the d iverse "genres and generations" of artists. "I am writing a cable about it, which I'm sure you'll find s oon on your closest website," she joked after a week of dealing with fallout from the WikiLeaks release of confidential diplomatic dispatches. S he also confessed to "seve ral waves of teen girl hysteria" over The Beatles during h er youth. Clinton said McCartney's life had connected people around the world. C hanning said she was excited to perform for Herman. He's going to cry, I just know it," said Channing, who h as been corresponding with the president to press for fundi ng for arts teachers. The former Beatle, making his second visit to Washingtont his year for a culture award, said the admiration is mutual.I n June, he won the Gershwin Prize for Popular Song from t he Library of Congress. "You know, great things just c ome in bundles," he said. "I am a big fan of this president, and I think he's a great man whose got some difficulties. ... I'm very honored to be with him and his family, and I'm also a big fan of Hillary's, too." S ince the 1960s, the new Kennedy Center honorees have h elped define television, dance, theater and music. For Winfrey, the prize comes during the 25th and final season of her talk show and just before she launches her new cable net work, OWN, on Jan. 1. After her Washington visit, she will take about 300 members of her a udience to Australia for a vacation over the holidays. "You know what's interesting is she spends her life cele brating others, but when it comes time for her, she's very reluctant really," Winfrey's best friend Gayle King told The Associated Press. K ing said it was a fitting trib ute for Winfrey as a communicator, actress, producer and humanitarian. "They're recognizing her whole body of work," King s aid. "She's not just a talk show host." Winfrey was one of the first to support Obama in his presidential run. What can I say about our final honoree. Michelle and I love Oprah Winfrey, personally love this woman," he said. And the more you know Oprah the more spectacular you realize her character and her soul are, the more you appreciate what a wonderfulg ifted person she is." P erformers who will honor Winfrey and the others will be a s urprise until they appear on stage Sunday night, but Winfrey has admitted she doesn'tl ike surprises. At the State Department, the o rnate Benjamin Franklin room was a swirl of Hollywood, N ashville, New York and Washington power players, i ncluding President Bill Clinton. Roberts said it was both exciting and nerve wracking.S he said the mix of art and politics "can converge in a veryi nteresting way, so when it's done right, it's really exciting." A fter the honors were announced in September, J ones, the son of potato pickers, said he could recall dreaming of big things as a 9-year-old boy in upstate New York. He went on to create the Bill T. Jones/Arnie Zane Dance Company in 1982 after collegew ith his late partner Arnie Zane. His work has tackled r acism, AIDS and other tough issues, sometimes sparking out rage. Jones said he's often felt like an outsider, yet he's being honored for helping to shape the country. His portrait also is included in a current Smithsonian Institution exhibit, the first to explore the impact of s exual orientation on art history. The exhibition has recently drawn complaints from conservatives. "Someone asked me last night how I feel and it was Julia Roberts," Jones said. "I feel as if it's a dream and I'm speaking to Julia Roberts." O pera singer Jessye Norman, who toasted Jones' work Saturday, said she admired him for being brave enough to stand alone at times in his advocacy on social and political issues. C M Y K C M Y K INTERNATIONAL NEWS PAGE 18, MONDAY, DECEMBER 6, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM -RE9DFDQF\$QHVWDEOLVKHG1DVVDXEDVHG FRPSDQ\VHHNVWRWKHSRVLWLRQRI $VVLVWDQW)LQDQFLDO&RQWUROOHU $OO DSSOLFDQWV0867SRVVHVVWKHIROORZLQJDVVLQJJUDGHVRQDOOSDUWVRIWKH&3$ H[DPLQDWLRQ \HDUVH[SHULHQFHZRUNLQJZLWKDQ WURQJDQDO\WLFDOVNLOOV WURQJRUJDQL]DWLRQDOVNLOOVZLWKWKH DELOLW\WRZRUNLQGHSHQGHQWO\ $WKRURXJKZRUNLQJNQRZOHGJHRI LFURVRIW([FHO 7KHDELOLW\WROHDUQTXLFNO\ ([FHOOHQWFRPPXQLFDWLRQDQGWHDP ZRUNVNLOOV 7KHDELOLW\WRPDQDJHPXOWLSOHWDVNV DQGUHVSRQVLELOLWLHVVLPXOWDQHRXVO\ ,QWHUHVWHGSHUVRQVVKRXOGVXEPLWWKHLU UHVXPHVYLDHPDLOWRDVVWQDQFLDOFRQWUROOHU#KRWPDLOFRP$OOUHVXPHVPXVWEHUHFHLYHGE\ WK 'HFHPEHU 2QO\SHUVRQVPHHWLQJ$// UHTXLUHPHQWVDERYHQHHGDSSO\ Winfrey, McCartney in DC for Kennedy Center Honors HONOREES: Secretary of State Hillary C linton, left, talks with Kennedy Center honorees for 2010 Jerry Herman, Merle Haggard, Bill T. Jones, and Paul McCartney while waiting for Oprah W hitney to arrive for a group photo after at a dinner held at the State Department honoring the recipients of the Kennedy Center Honors, in Washington, on Saturday, Dec. 4, 2010. (AP Photo/Jacquelyn Martin

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C M Y K C M Y K SECTIONB business@tribunemedia.net MONDAY, DECEMBER 6, 2010 THETRIBUNE $4. 68 $4. 51 $4. 69The information contained is from a third p arty and The Tribune can not be held responsible for errors and/or omission from the daily report.$ $4.30 $4.45 $4.34 By NEIL HARTNELL T ribune Business Editor T he Bahamas Property Fund is hoping to close leases for some of the vacant 18,000 square feet at its Bahamas Financial Centrep roperty within the next few months, in a bid to flow an extra $990,000 per annum into its b ottom line, as it targets adding at least another $30-$40 million worth of real estate to its portfolio as opportunities arise. C onfirming that the BISX-listed fund had targeted the creation of a $100 million-strong real estate portfolio when it was formed in 2 000, Michael Anderson, the Bahamas Property Funds administrator, told Tribune Busin ess that the real estate investment trust (REIT f inancial performance in 2011, as several potential tenants it was in discussion with were expected to sign long-term leases. H e also told Tribune Business that the Bahamas Property Fund was interested in d iversifying its real estate holdings, moving beyond the prime office properties it held currently into high-end shopping centres,w hile also eyeing long-term retail rental opportunities that could ultimately result Fund targeting $1m bottom line swing n B ISX-listed Bahamas Property Fund prioritises getting vacant 18,000 sq ft at Financial Centre rented, in bid to get CAM costs to bottom line n Optimistic some tenant deals will be closed in next few months, after 16% net income drop, with Financial Centre and One Marina Drive 82% and 95% leased n Looking at add at least another $30-$40m worth of real estate to existing $54m portfolio, as ambition to create $100m-strong business remains n Shopping centres and downtown Nassau redevelopment eyed as future opportunities, although no talks being held with any potential seller MICHAEL ANDERSON By ALISON LOWE Business Reporter Alowe@Tribunemedia.net The Water and Sewerage Corporation is targeting an increased level of private sector involvement in its opera tions, and is examining retrofitting its facilities with renewable energy, as it targets reducing non-revenue water from a potential 60 per cent of its supply to 23 per cent by 2020. Glen Laville, Water and Sewerages new general manager, said additional outsourcing of its functions to private companies will involve both the further construction and operation of reverse osmosis plants, plus sewerage treatment Water Corp: Inaction will taken water loss to 60% Government-owned Corporation targeting increased private sector help to reduce non-revenue water to 23% by 2020 Partners with Bahamas Renewable Energy Corporation for solar/wind power solution to Eleuthera water plant, seeking costs 25% below BEC Looks at outsourcing engineering department, and cutting water loss losses of $13-$16 million in Nassau and $6-7m in Family Islands Failure to act on water losses will force Corporation to increase supply from 10.6 million gallons of water to 14.1 million in 2014, and 17.1m gallons in 2020 SEE page 6B SEE page 4B B y NEIL HARTNELL Tribune Business Editdor S enior Cable & Wireless executives have confirmed that the $15 million in net cash that they will inherit on the Bahamas Telecommunications Companys (BTC sheet will be used to at least partly cover the costs of the downsizing/restructuring that will see the companys work f orce reduced by 30 per cent. Tony Rice, Cable & Wireless Communications (CWC c hief executive, and Tim Pennington, its chief financial officer, disclosed this in a London conference call with analysts BTCS $15M NET CASH SET TO COVER RESTRUCTURE COSTS SEE page 7B By ALISON LOWE B usiness Reporter alowe@tribunemedia.net B ahamasair has reached an out-of-court settlement with a former employee days before her legal action went to trial in the USc ourts over allegations she was dismissed for whistle blowing on US federal law violations supposedly com mitted by the airline. Bahamasair general manager, Henry Woods, deniedt he ex-employees claim that the airline had routinely violated US federal regula tions stemming from 2001 anti-terrorism legislation,a nd refused to comment on allegations that she was fired for exposing alleged wrongdoing on Bahamasairs part to the US authorities. Speaking to the claims of US federal regulation viola t ions by the national flag carrier, Mr Woods said: B AHAMASAIR DENIES WHISTLEBLOW FIRING SEE page 8B READY FORTAKEOFF: A Bahamasair Dash-8 waits for departure. By NEIL HARTNELL Tribune Business Editor Robin Hoods new Prince Charles store is probably 80 per cent complete and on target for a soft opening at the end of this week, its president and owner told Tribune Business, adding that the company was expecting to do at least as well as last year with Christmas sales at its Tonique Williams-Darling Highway location. I would say we are probably 80 per cent of the way there, and hopefully by the time next week rolls around, a week from now, we will be 95 per cent of the way there. We will be there, Sandy Schaefer told Tribune Business of the Prince Charles store, which will be located in the former Pepsi-Cola manufacturing plant. Were trying for some sort of soft opening at the end of [this] week. We will be open this month, but are not really planning a groundbreaking opening until mid-January. Mr Schaefer told Tribune Business that there were well over 100 construction workers at the Prince Charles site, New Robin Hood store % ready Owner targeting soft opening this week, and Prince Charles location will be % complete by Friday Hoping Christmas season will be at least as good as last year SEE page 8B By ALISON LOWE Business Reporter Alowe@tribunemedia.net Prime Minister Hubert Ingraham and the Bahamas Society of Engineers president have thrown their support behind private engineers being able to carry out building inspections in place of, or in addition to, government inspectors, the latter arguing that such a move would have a really phenomenal impact on expediting development. Speaking to engineers at the Bahamas Society of Engineers (BSE Minister Hubert Ingraham said he was in favour of private sector engineers being able to undertake building inspections and certi fication that it now takes the Government of the Bahamas weeks, PM backs building inspection outsource SEE page 9B

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By ROYALFIDELITY CAPITAL MARKETS It was another slow week of trading in the Bahamian stock market. Investors traded in five out of the 24 listed securities, with all stocks remaining unchanged. EQUITY MARKET A total of 57,300 shares changed hands, representing an increase of 1,394 shares compared to the previ-ous week's trading volume of 55,906 shares. Commonwealth Bank (CBL the volume leader last week, tradinga volume of 55,000 shares to nsee nits stock price close unchanged at $6.85. FOCOL Holdings (FCL ed a volume of 1,000 shares to see its share price close unchanged at $5.46. BOND MARKET Fidelity Bank Bahamas Series B Notes (FBBSD $30,000 at par value. COMPANY NEWS Earnings Releases: Colina Holdings Bahamas (CHL released unaudited financial statements for the quarter ended September 30, 2010, reporting net income available to common shareholders of $2.6 million compared to $5.3 million in the same quarter in 2009. It was noted that both net premium revenues and net policyholder benefits were up quarter-over-quarter. Net premium revenues stood at $28.2 million, increasing by $1.48 million, while net benefits paid totalled $19.6 million, up by $4.1 mill ion. CHL reported net investment income of $8.2 million, an increase of $2.4 million in comparison to the prior quarter, while its expenses reflected reduced changes in provision for future policy benefits of $3.5 million. These climbed by $1.3 million. CHL reported earnings per share of $0.07 compared to $0.19 in the comparative quarter, a decrease of $0.12. At September 30, 2010, CHL reported total assets and liabilities of $520 million and $406 million, respectively, an increase of $21 million and $11 million from year-end December 31, 2009. Focol Holdings (FCL audited financial results for the year ended July 31, 2010. Net income available to common shareholders was $18.5 million, an increase of $3.4 million or 18 per cent compared to $15.1 million last year. Revenues stood at $267 million, down $6 million or 2 per cent, while cost of sales reflected a larger decline of $11.9 million or 8 per cent to total $216.4 million. Gross profit totalled $50.5 million, increasing by $5.9 million or 12 per cent during the period. It was noted that FCL's operating expenses for the period were $28.4 million, up $2.2 million or 8 p er cent in comparison to the prior year. Earnings per share for the year were $0.47, up $0.10 when compared to $0.37 in the comparative period last year. Total assets and liabilities at July 31, 2010, stood at $136.8 million and $23.7 million respectively, compared to $126.6 million and $33.9 million at July 31, 2009. C M Y K C M Y K BUSINESS PAGE 2B, MONDAY, DECEMBER 6, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM Colonial Group International:Insurance,Health,Pensions,Life Colonial Group International is rated A-(Excellentby AM Best. Lifestyle ProtectionHealth,wealth and happiness cover.insurance,health,pensions,lifeIf you protect your lifestyle with a CGI company,you can pay less for motor and home insurance,and enjoy firstrate business cover too.From health insurance,rich in benefits and offering global coverage,to pensions and family protection,CGI companies offer flexible products to make the most of your budget.Insurance326-7100 for an agent Health326-8191 (Nassau351-3960 (Freeport) Pensions502-7526 Life 356-5433www.cgigroup.bm Colonial Pension Services (Bahamas Tel.502-7526 Atlantic Medical Insurance Tel.326-8191 Freeport Tel.351-3960 Security & General Insurance Tel.326-7100 RoyalFidelity Market Wrap EQUITY MARKET TRADING STATISTICS Week ending 03.12.10 BISX YTDPRICE SYMBOL CLOSING PRICEWKLY PRICEVOLUME CHANGE AML$ 1.01$-0-13.68% BBL$ 0.18$-0-71.43% BOB$ 4.90$-0-16.95% BPF$ 10.63$-0-1.02% BSL$ 5.01$-0-50.20% BWL$ 2.70$-0-14.29% CAB$ 10.46$-04.81% CBL$ 6.85$-55,000-2.14% CHL$ 2.40$-900-11.76% CIB$ 9.74$-0-2.50% CWCB $ 1.81$-0-35.79% DHS$ 1.60$-0-37.25% FAM$ 6.07$-0-6.47% FBB$ 2.17$-0-8.44% FCL$ 5.46$-1,00014.47% FCLB$ 1.00$-00.00% FIN$ 7.23$-0-22.09% ICD$ 5.59$-4000.00% JSJ$ 9.82$-0-0.30% PRE $ 10.00 $0 0.00% INTERNATIONAL MARKETS FOREX Rates Currency Weekly%Change CAD 0.99741.71 GBP 1.57831.19 EUR 1.34211.33 Commodities Weekly%Change Commodity Crude Oil 91.62 7.06 Gold1,403.503.58 International Stock Market Indexes Index Weekly%Change DJIA11,382.092.62 S&P 5001,224.712.97 NASDAQ 2,591.46 2.24 Nikkei10,178.301.38 B OND MARKET TRADING STATISTICS BISX SYMBOL DESCRIPTIONVOLUMEPARVALUE FBB13 FBB Series0 $1,000 C Notes Due 2013 FBB15 FBB Series 30 $1,000 D Notes Due 2015 FBB17FBB Series0$1,000 A Notes Due 2017 FBB22FBB Series0$1,000 B Notes Due 2022 Share your news The Tribune wants to hear fr om people who are making news in their neighbour hoods. Per haps you are raising funds for a good cause, campaigning for improvements in the area or have won an award. If so, call us on 322-1986 and share your story.

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The Bahamian development company behind the $8 million Dunmore Court community of 28 luxury homes in southwestern New Providence has said the pro ject is on target, with Phase I slated for an early 2011 opening eight months after ground was broken. "We are very pleased with the progress of the develop ment," said Vhaul Thompson, its owner. "We have worked hard to stick to schedule and to budget, while maintaining our quality of construction every step of the way. We are so proud of this. In fact, we hope Dunmore Court will be used as a model of what an all-Bahamian owned, designed and built project can be. We want to be the standard bearers for high-end Bahamian-built residential communities and inspire others." When news of the Dunmore Court project first unfolded, it was considered an indicator of confidence in a recovering economy. "There has been tremen dous interest in Dunmore Court, which is a good economic indicator," said real tor Sidney Bethell, Mario Carey Realty. Interest "A number of factors contribute to the interest. The townhomes themselves are extremely attractive. Each home is three storeys, with an interesting lay-out and generous 2,200 square feet. Right pricing is always a predictor of success and at $499,000, Dunmore Court is priced right," said Mr Bethell. "Location is a major factor. Dunmore Court is minutes from the new Albany resort and residential community, and not far from Lyford Cay. With investors including Joe Lewis, Tiger Woods and Ernie Els, Albany promises to put southwestern New Providence on the map in a way that it never has been before." Phase I of Dunmore Court consists of the first of seven buildings, each with four residences. C M Y K C M Y K BUSINESS THE TRIBUNE MONDAY, DECEMBER 6, 2010, PAGE 3B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM &RPIRUWDEOHRRPVDW&RPIRUWDEOHDWHV5RRPVIURPMXVWHULJKWSOXVJUDWXLW\5HVWDXUDXQWDQG%DURROHFUHDWLRQRRPHHWLQJRRP$OEDQV'ULYH By ALISON LOWE Business Reporter a lowe@tribunemedia.net C omplaining that too much wastage of public resources take places as a consequence of how the Government contracts out public works, Prime Minister Hubert Ingraham pledged that reforms must be introduced to the process. The Prime Minister said it was very difficult for the Government to ensure projects do not end up costing it more than it had anticipated. Speaking at the Bahamas Society of Engineers Engineering, Design and Construction conference on Friday, Mr Ingraham said: We have got to discontinue the practice of saying we will automatically award a job to the lowest tender, and we have also got to put some conditions down on what qualifies you to tender on this job. Weve got to stop w asting p ublic r esources because theres a lot of wastage that goes on in the contracting by the Government of the Bahamas. A lot of wastage. Its very difficult for the Government to say this job is going to cost $100 and for it not to end up costing $150, and weve got to find a way by which we can do something about that. In an interview with Tribune Business after the conference, Minister of Works, Neko Grant, said it has been an assumption rather than something in law which has typically guided the Government towards selecting the lowest-cost contractor when awarding public contracts that have been put out to tender. H owever, echoing Mr I ngraham, he stated that gove rnment must be sensible in this regard, as this can sometimes get ourselves and the contractor in trouble. Asked about the Prime Ministers comments, Mr Grant said: Its not always awarded to the lowest bidder. Theres a benchmark and we allow a 15 per cent plus or minus, and so we look at the bid. If its too low we simply cannot award it because we wouldve calculated in house what it should cost. In awarding it to the lowest bidder we can sometimes get ourselves and the contractor in trouble. If its thought hes unable to do the job for the money bidded, then weve got to be sensible, look at what weve estimated the contract to cost and then award the contract accordingly. If its out of the plus or minus 15 per cent range then the flags go up. Acting chief mechanical a nd electrical engineer in the M inistry of Works, Bradley K ing, noted that at present the only requirements that exist for a contractor wishing to bid on a government project are that they must be up to date and in compliance with their National Insurance Board contributions, they must have a business license and show the ability to take out public liability insurance. This may make it harder for the Government to determine whether or not the contractor will be genuinely able to do what he has suggested he can do for the price he has put forward. The lowest bidder might not be the best bidder. You can have a lot of problems, expenses, delays...so it ends up costing more in the long run, said Mr King of some of the problems that can be encountered. PM pledges reform to lowest bidder S ays too much wastage of public resources in public works and contract t endering, and government must stop tendency to go with lowest offer HUBERT INGRAHAM $8m project on target for early 2011 opening 2011 OPENING: Dunmore Court entrance. LUXURIOUS: Main floor.

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from downtown Nassaus revitalisation. D escribing the Bahamas Property Funds perform ance for the first nine months of 2010 as not great and not bad, Mr Anderson, w ho is also RoyalFidelity Merchant Bank & Trusts president, said the fund cont inued to be affected by having to carry Common Area Maintenance (CAM f or the 18,000 vacant square feet at the Bahamas Financial Centre. T his had resulted in the Bahamas Property Funds other expenses increasing to $ 768,983 for the nine months to September 30, 2010, an increase of 28.4 per cent compared to the $598,840 incurred the year b efore. The other drag on the companys performance is the cash flow neutral nature of its Providence House acquisition, the dealh aving been financed by a s ix-year, $3.5 million prefe rence share that has i ncreased the Bahamas P roperty Funds dividends y ear-over-year by more than $ 204,000 from $58,333 to $262,500. Pointing out that CAM carrying costs at the B ahamas Financial Centre had also risen as a result of h igher electricity prices, Mr Anderson said: We havent managed to rent any of the space in the last quarter, so its still more of the same. The CAM costs we have are slightly higher. Electricity, as an example, is a lot higher today than it was a few months back, so theres b een an increase in CAM costs. The RoyalFidelity chief said vacant space at the Bahamas Financial Centre had increased slightly by a few thousand square feet between year-end 2009 and now, with one or two of the smaller clients having left. The trick is to get the space at the Financial Cen-t re rented, and what weve s een over the last few months is an interest in that space. There are a few peo ple we hope to finalise things with in a month or so, he added. Were optimistic about g etting that space rented in the next few months. Thew hole aim for the Property F und in the next year, or as soon as we can, is to get that rented and turn it into the b ottom line. When you take 18,000 s quare feet at the Financial Centre, its where weve really got to be focused. Itss uch a big piece of space. The Financial Centre is 1 00,000 square feet, so 18,000 square feet may not sound too much, and its still8 2 per cent rented. Detailing the impact the v acant space was having on the Bahamas Property Funds profitability, MrA nderson said the increased Financial Centre CAM costsc ame straight off its bottom line. With CAM costs, inclusive of square footage, about $55 per square foot per a nnum, Mr Anderson said that multiplying this by the 1 8,000 square feet vacant gave a figure of $990,000 what the BISX-listed fundw as currently incurring in increased costs and lost profi t. The RoyalFidelity president added that theB ahamas Financial Centre tenant search was likely to b e aided by a general sense that the economic environment is picking up, whichm ight encourage companies that had deferred relocationp lans to move them back to a priority agenda. Of the funds other two properties, One Marina Drive on Paradise Island was 95 per cent rented, Mr Anderson said, another smaller tenant having d eparted, while the Bahamas Property Funds s hareholders should start to see some benefits from the P rovidence House purchase coming through from yearend 2011 onwards. T his was because the lease o n that property, which is o ccupied by the Pricewaterh ouseCoopers (PwC accounting firm, expires at year-end 2011 and is due to b e renegotiated with an i mproved monthly rental payment likely starting in mid-June. M r Anderson conceded, though, that it would be four-and-a-half years before we see the real benefits of that purchase, as that represents the period for which the $3.5 million preference share issue has to r un, although there would be some improvement next year as the lease gets renewed. The Bahamas Property Funds rental revenues are r unning 1.5 per cent ahead o f 2009 comparatives for the first nine months of 2010, s tanding at $3.068 million c ompared to $3.023 million t he year before, with total revenues up by a similar margin. This will have been aided by the 2-3 per cent per a nnum rental increases built into the contracts of most Bahamas Property Fund tenants. Although interest charges came down as the Bahamas Property Fund continued to pay down on its debt, the CAM costs and preference share dividends pushed operating expenses up by just over 25 per cent, from $1.324 million the year before to $1.66 million. As a result, funds from o perations dropped by 16.2 per cent to $1.447 million, compared to $1.726 millionf or the nine months to September 30, 2009. As a result, net income dropped by 16 per cent, from $1.6 million to $1.345 million. But despite the latest financials, Mr Anderson said the Bahamas Property Fund had great potential to make acquisitions as the commercial market recovered. This was due to the fact that debt accounted for just 25 per cent of its capital structure, the rest being equity, giving it a one:three debt/equity ratio. Theres nothing really out in the market, Mr Anderson conceded. Weve been told about a couple of properties that may come to market, but were not currently in negotiations with anyone. He added, though, that downtown may represent some opportunities for the Property Fund to diversify into ownership of propertiesw here there were long-term retail tenants, exploiting the i nterest of investors such as the Dart Group and the revitalisation project tom ake the switch from being purely a commercial office space owner. B elieving that with the assistance of Baha Mar, the B ahamas is going to come out of recession a little earlier than other countries,M r Anderson said that while a move into shopping cent res was also being eyed, the Bahamas Property Fund would continue to focus onl ong-term tenants, rather than residential properties w here leases tended to be shorter term. We are patient property o wners, and believe longterm that we will build a decent portfolio of properties, Mr Anderson said. Referring to the recentf ailed effort to purchase the UBS (Bahamas on East Bay Street, he added that the Bahamas Property Fund will justb ack away from properties where we feel the risk/reward is not adequate. Ten years ago we looked at having a $100 million property portfolio, and currently we have around $53-$ 54 million, so were looking at adding at least another $30-$40 million. I think a$ 100 million portfolio would b e a good portfolio to have, Mr Anderson said. The key to successful p roperty development, he explained, was to ensure any debt financing was paidd own quickly, thus keeping interest payments to service that debt below rental income. I think we will see an improved performance, Mr Anderson said of theB ahamas Property Funds 2 011 prospects. The economy is going to be improved, and we have tenants we are discussing opportunities with. Some of those we believe will come through, so next year will be a better year for us. He added that the Bahamas Property Fund had placed Caribbean real estate purchases on the back burner for the moment, having looked at the possibility a year ago, in favour of focusing on the Bahamas. But should such opportunities arise in the longer-term, Mr Anderson said they would be assessed. C M Y K C M Y K BUSINESS PAGE 4B, MONDAY, DECEMBER 6, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM (03/2<0(17 23325781,7<6KLIWSHUDWRUVHHGHGIRUZHOO HVWDEOLVKHGVHFXULW\UP5HTXLUHPHQWV 7RDSSO\SOHDVHHPDLOUHVXPHWRKXPDQUHVRXUFHVKU#JPDLOFRP ,VODQG:HVW 5HDO(VWDWH&RPSDQ\/LPLWHGROXQWDU\/LTXLGDWLRQf$OOSHUVRQVKDYLQJFODLPVDJDLQVWWKHDERYH Q DPHG&RPSDQ\DUHUHTXLUHGRQRUEHIRUHGDWHG RI'HFHPEHUVHQGWKHLU QDPHVDGGUHVVHVDQGSDUWLFXODUVRIWKHLUGHEWV D QGFODLPVWR0U7KRPDV7UHYRU'HDQ3 )UHHSRUW*UDQG%DKDPD,VODQG7KH %DKDPDVWKH/LTXLGDWRURIWKH&RPSDQ\RULQG HIDXOWWKHUHRIWKH\PD\EHH[FOXGHGIURPWKH EHQHRUDQ\GLVWULEXWLRQPDGHEHIRUHGHEWVDUH SURYHG'DWHGWKHWKGD\RI'HFHPEHU 7KRPDVUHYRU'HDQ /LTXLGDWRU ACCOUNTING & SMALL BUSINESS CONSULTING SERVICES(over 25 years experience Accounting records in bad shape? Need financial statements for the bank? (2-4 weeks Need a business plan and financing proposal prepared? Need business licence prepared/certified? (1-2 weeksCALL US WE CAN HELP Business Start-Up Assistance/Consultations Business Success Packs...($5f Construction & Contract Accounting Quickbooks Accounting Problem Solving Setup Business Survival Packs...($5f Controllership Services Per Diem Low Rates Small Business Accounting Services/Systems/Journals Handbook-Business Plans Preporation.....$25 Business Survival Strategies Advisory Sessions NEW BUSINESS START-UP KIT... ($5 A guide to starting and managing a small business (Business Start-Ups Checklist..$10BUSINESS PLANNING SESSIONSCost-$55($5 off with a copy of Handbook) Agenda -How to write a business plan Date/TimeWednesdays by appointmentBUSINESS PLANS SPECIAL Preperation & Financing ReferralsTEL: 325-7313 OR 322-6000 FAX: 323-3700 Small Business ConsultantsF. A. HEPBURN & CO. CHARTERED ACCOUNTANTS Fund targeting $1m bottom line swing F ROM page 1B Ten years ago we looked at having a $100 million property portfolio, and currently we have around $53-$54 mill ion, so were looking at adding at least another $30-$40 million. I think a $100 million portfolio would be a good portf olio to have. Michael Anderson

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By DENISE MAYCOCK Tribune Freeport Reporter dmaycock@tribunemedia.net FREEPORT Sir Jack Hayward, one of the principal owners of the Grand Bahama Port Authority (GBPA ments decision not to renew the work permit of former chairman Hannes Babak has left the organisation leaderless. Sir Jack also noted that some of the big projects thatMr Babak was working to bring to Freeport are now gathering dust. He said the Port Authority was doing its best to improve the economy of Freeport. We are working on things, he told reporters on Friday at a press conference announcing the Ports plans to start construction of a new $4 million bridge at the Grand Bahama Highway. We are a bit leaderless without Hannes Babak, who has been denied a work permit, of course, without any explanation. Sir Jack said Mr Babak had been working on bringing several major projects for Freeport, including an LNG plant, a second rock dredging company, a refinery, and a new cement plant. The projects are gathering dust. He flew to Texas several times for an LNG plant to provide cheap electricity to Grand Bahama, Abaco, and also for export to Florida. That was one project that was looking very promising, Sir Jack said. But the Government denied his work permit, no explanation to me or to us (the Port ily. I think one man, I dont think the Government, but we are missing, obviously, his input and we need that; we need someone. Mr Babak, a native of Austria, was appointed GBPA chairman on June 1, 2006. His work permit expired in December 2009, and was notr enewed by the Government. According to an article published in January in Tribune Business, Prime Minister Hubert Ingraham himself confirmed that he had personally informed Mr Babak during a meeting at which Sir Albert Miller was present that the Government would not renew his work permit, as it did not believe he was the right person to chair the GBPA. When asked whether there would be a replacement for Mr Babak, Sir Jack said there are no plans at the moment to replace him. He said the Port Authority currently holds only one work permit. He said the companys application for a second work permit for the position of special projects was alsod enied. We have one work permit in our organisation (Graham Torode, president of DEVCO), we have over 250 Bahamian employees andI think thats a hell of a good record, added Sir Jack. When we applied for another work permit for Chris Johnston it was denied. We wanted him for special projects to supervise the bridge (construction neer of 22 years with Hutchison Whampoa, and he worked seven days and had to leave. Sir Jack stressed that there is an urgent need for an alternate bridge, as the Casuarina Bridge is now old and the only causeway connecting Freeport and East Grand Bahama. When asked his opinion on the state of the Grand Bahama economy, Sir Jack said he hopes it is improving. He noted that one of the hindrances has been the high cost of power and frequent outages that have affected major businesses on the island. We are doing our very best. I dont know that the Government is doing their best, he commented. I like the building (the new government complex under construction), I think it is terrific. We gave them the site free of charge, but what they are doing to stimulate the economy, I dont know. We are doing our very best. C M Y K C M Y K BUSINESS THE TRIBUNE MONDAY, DECEMBER 6, 2010, PAGE 5B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM Sir Jack hits out on Babak work permit

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f acilities, with the Corporation paying these companies for their services whether it be measured gallons of water produced or gallons of sewerage treated. Meanwhile, the Corporation is further considering following in other utility companies footsteps and divesting itself of its engineering department, only to buy back their services on a contractua l basis. Mr Laville updated engineers of these developments at the Bahamas Society of Engineers first engineering and design conference on Friday at the Sheraton Nassau Beach Resort. He said such developments within the Water and Sewerage Corporation could enhance work opportunities for private engineers. The idea is that typically the private sector does things more efficiently, and until we reach a point where we can do things more efficiently itsb etter to have the private sector do those things that they a re experts in. They can do things less expensively and t he only thing we need is the water. If you can do it efficiently, and meet certain expectations then we can work with you, said Mr Laville. Speaking of the potential for the further involvement of renewable energy in the Corporations operations, Mr Laville said that whether or not retrofitting of its plants with sustainable power sources will go ahead depends in large part on the success ofa new partnership with the Bahamas Renewable Energy Corporation, which is installing a solar and wind power facility on to a new 15,000-gallons-a-day desalination plant being constructed to service Tarpum Bay and Rock Sound, Eleuthera. The plant, which is being developed by and is to be owned and operated by General Electric, is set to come on stream in around five months time. We hope that this will be a model for the future. If this is successful we can move to some other plants and start retrofitting them to use renewable energy. We havea 25-year contract with (RE Corporation Bahamas), and they are guaranteeing giving us a rate for power that is 25 per cent below what the BEC rate is, said Mr Laville. Mr Laville said the increased need to obtain water through desalination rather than shrinking groundwater resources has driven the increased private sector involvement in the Corporations operations. Storm surges from hurricanes, which introduced increased levels of salt into the groundwater, as well as encroachment into aquifers by developments throughout the Bahamas, are a major threat to already limited groundwater supplies. The Water and Sewerage Corporation is at present applying to the Government to have an area of land with significant water reserves preserved in Spring City, Abaco, as it is threatened by development in the area including from a nearby government subdivision. The Corporation already gets 70 per cent of the water it supplies in New Providence from reverse osmosis plants, with the other 30 per cent coming from limited well fields in New Providence and being barged from well fields i n Andros. It expects the a mount coming from reverse osmosis to rise to 90 per cent in New Providence in the next several years. Desalinated water is produced from around 20 plants throughout the Bahamas, and three main suppliers. Everyone seems to think we have quite a robust ground supply throughout country but thats not the case. There are only three islands with a very satisfactory supply Abaco, Grand Bahama and Andros, said Mr Laville. The Corporation is also considering entering into a build, own, operate contract with a private firm to handle some of its sewerage opera tions. The idea is that the private sector puts up all financing and operates and owns the plant and we pay them on a per thousand gallon basis, said Mr Laville. And it is aiming to pin down a contractor soon to begin addressing the critical and worsening problem of non-revenue water for the Corporation water lost through leakage, theft or oth er means. This currently amounts to around 52 per cent of all water the Water and Sewer age Corporation puts into the system in New Providence, and 50 per cent in the Family Islands, costing the Corporation between $13-$16 million here in Nassau and $6-7 million in the other islands annually. Through an $80 million contract it is intended that steps will be taken to reduce the amount of water lost per day from 5.5 million gallons to 2.5 million in New Provi d ence, with this being a chieved over five years and maintained for a further five under the terms of the contract. In 2005, we did a test performance-based contract. A contractor came in and guaranteed a reduction of $1 million gallons a day of non-revenue water. If they did not do that, they had to provide us with one million gallons of free reverse osmosis water. We are now looking to put that project on larger scale, said Mr Laville. This will be done over five years, and then in the final five years they will have to maintain those savings. That will cost in the region of $70-80 million, but we will have saved that same amount by not having to buy that water to sell to our customers. If such steps are not taken it is projected that non-revenue water will increase greatly. At present, the Corporation puts around 10.6 million gallons of water into the supply system daily, and 5.5 million never reach the customer. It is projected that by 2014, if nothing is done, the Corporation would have to put around 14.1 million gallons a day into the system to get the same amount of water to customers, while by 2020 this would increase to 17.1 million. The target under this contract is that by 2020, instead of non-revenue water of 60 per cent, youll have about 23 per cent. By international standards thats quite acceptable, said Mr Laville. C M Y K C M Y K BUSINESS PAGE 6B, MONDAY, DECEMBER 6, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM rntr rtr #$ nr "rnr$,tn/ tb,tn "b,n trb,tnb,tn$ tnb,tn 2rtn0 br br b,tn $trb,tnb,tn brfnbrfnffnt6 "b,n tb [ ] #t$&t'(#t QUALIFICATIONSAssociate degree in Business or related studies 3 5 years experience in claim management/verification preferred Excellent communication and interpersonal skills Excellent computer skills (Spreadsheets/database management) Knowledge of CPT-4 coding, ICD-9 and HCPCS preferred Ability to consistently manage multiple priorities and adapt easily in a rapidly changing environment Strong organizational, problem solving and decision-making skills Good oral and written communication skillsPOSITION SUMMARYT he successful candidate will: Be responsible for managing and monitoring a portfolio of insurance claims f rom various insurance companies and other third party payers; Develop favorable working partnerships and relationships with insurance c ompany and other payers representatives to facilitate reimbursement for the f acility; Monitor admissions to the facility Follow-up on delinquent accounts as needed Communicate with internal and external customers on a regular basis; Interact daily with various insurance companies and other third party payers; Provide management with monthly status reports of outstanding receivable b alance; Continuously participate in performance improvements to enhance service to o ur customers throughout the facility. S alary commensurate with experience E xcellent benefits (03/2<0(17 23325781,7<0DWXUHGUP,VVHHNLQJTXDOLHGSHUVRQV WROOWKHSRVLWLRQRI$GPLQLVWUDWLYH$VVLVWDQW 7KHVXFFHVVIXOFDQGLGDWHZRXOGKDYH UHVSRQVLELOLW\IRUDVVLVWLQJZLWK DGPLQLVWUDWLYHWDVNV6SHFLDON,OOVHTXLUHG ([FHOOHQWRUDODQGZULWWHQFRPPXQLFDWLRQVNLOOV ([FHOOHQWLQWHUSHUVRQDOVNLOOV 0XVWEHDEOHWRW\SHDWOHDVWZSP 0XVWSD\DWWHQWLRQWRGHWDLO 0XVWEHUHVXOWVRULHQWHGDQGDUWLFXODWH 0XVWEHFRPSXWHUOLWHUDWH *RRGZRUNLQJNQRZOHGJHRILFURVRIW:RUG([FHO DQGRZHURLQW $ELOLW\WRUHDFWWRFKDQJHSRVLWLYHO\ZKLOH RSHUDWLQJLQDPXOWLWDVNHQYLURQPHQW $ELOLW\WRZRUN,QGHSHQGHQWO\ZLWKOLPLWHG VXSHUYLVLRQ(PDLO\RXUUHVXPHWRKUKUHVRXUFHVKU#JPDLOFRP )25$/($ OOWKDWSLHFHSDUFHORUORWRIDQG N QRZQDVXSSHU(DVW&KDQQHO&D\ DQGEHLQJDSSUR[LPDWHO\HLJKW\ Q LQHDFUHVDQGVLWXDWHLQWKH Y LFLQLW\RI*UD\6HWWOHPHQW / RQJ,VODQG%DKDPDV 3 ':,*+7$1721,20,//(5RI 3%R[0DUVK+DUERXU$EDFR%DKDPDV &20021:($/ &20021/$$1'(48,7<',9,6,21 ,17+(0$77(52) DOOWKDWSLHFHRUSDUFHO R ODQGFRPSULVLQJRIORW1XPEHULQ%ORFN 1XPEHULQWKH(QJOHUVWRQ6XEGLYLVLRQ LQWKH6RXWKHUQ'LVWULFWRQWKH,VODQGRI 1HZ3URYLGHQFHRQHRIWKH,VODQGVRIWKH &RPPRQZHDOWKRI7KH%DKDPDV $1' ,1+($77(52) WKHXLHWLQJ7LWOHV $ 1' ,1+($77(52) WKHHWLWLRQRIWKH %DKDPDV'HYHORSPHQW%DQNHDQ*LEVRQ DQG(VWHOO*LEVRQ 127,&()(7,7,217 KH3HWLWLRQRIWKH%DKDPDV'HYHORSPHQW %DQN6HDQ*LEVRQDQG(VWHOO*LEVRQDOORIWKH VODQGRI1HZ3URYLGHQFHRQHRIWKH,VODQGVRI WKH&RPPRQZHDOWKRI7KH%DKDPDVLQUHVSHFW R $//7+$SLHFHRUSDUFHORIODQGFRPSULVLQJ RI/RW1XPEHULQ%ORFN1XPEHULQWKH (QJOHUVWRQ6XEGLYLVLRQLQWKH6RXWKHUQ 'LVWULFWRQWKH,VODQGRI1HZ3URYLGHQFH RQHRIWKH,VODQGVRIWKH&RPPRQZHDOWKRI 7KH%DKDPDVZKLFKVDLGSLHFHSDUFHORU ORWRIODQGKDVVXFKSRVLWLRQVKDSHPDUNV ERXQGDULHVDQGGLPHQVLRQVDVDUHVKRZQRQ WKHSODQLQWKLVPDWWHUDQGLVGHOLQHDWHG RQWKDWSDUWRIWKHVDLGSODQFRORXUHGLQN 127,&(,6+(5(%<*,9(1WKDWWKH %DKDPDV'HYHORSPHQW%DQN6HDQ*LEVRQ DQG(VWHOO*LEVRQFODLPWREHWKHRZQHUVLQIHH VLPSOHLQSRVVHVVLRQRIWKHVDLGODQGDQGKDYH PDGHDSSOLFDWLRQWRWKH6XSUHPH&RXUWRIWKH &RPPRQZHDOWKRIWKH%DKDPDVSXUVXDQWWR WKH 4XLHWLQJ7LWOHV&KDSWHU WR KDYHWKHLUWLWOHWRWKHVDLGODQGLQYHVWLJDWHGDQG WKHQDWXUHDQGH[WHQWWKHUHRIGHWHUPLQHGDQG GHFODUHGLQ&HUWLFDWHRI7LWOHWREHJUDQWHG WKH&RXUWLQDFFRUGDQFHZLWKWKHSURYLVLRQVRI WKHVDLG$FW $1'7$.(127,&(WKDWFRSLHVRIWKH3HWLWLRQ DQGSODQRIWKHVDLGODQGPD\EHLQVSHFWHG GXULQJQRUPDORIFHKRXUVDWWKHIROORZLQJ SODFHV 7KH5HJLVWU\RIWKH6XSUHPH&RXUWRIWKH &RPPRQZHDOWKRI7KH%DKDPDVRQWKH VHFRQGRIWKH$QVEDFKHU%XLOGLQJVLWXDWH DW(DVW6WUHHWDQG%DQN/DQHRQWKH,VODQGRI 1HZ3URYLGHQFHRQHRIWKH,VODQGVRIWKHVDLG &RPPRQZHDOWKRI7KH%DKDPDV 7KH&KDPEHUVRIWKH*LEVRQ5LJE\.L 0DOH[+RXVH'RZGHVZHOO6WUHHWLQWKH&LW\RI 1DVVDXHZURYLGHQFHDIRUHVDLG $1'7$.()857+(5127,&(WKDWDQ\SHUVRQ KDYLQJGRZHURUULJKWWRGRZHUDQDGYHUVHRU DQFODLPQRWUHFRJQL]HGLQWKHHWLWLRQVKDOO RQRUEHIRUHWKHWKGD\RID\ 6XSUHPH&RXUWDQGVHUYHRQWKHHWLWLRQHUV RUWKHLU$WWRUQH\VDQ$GYHUVH&ODLPLQWKH SUHVFULEHGIRUPVXSSRUWHGE\$IGDYLW )$,/85($1<(5621WROHDQGVHUYH DQ$GYHUVH&ODLPRQRUEHIRUHWKHWKD\ ZLOORSHUDWHDVDEDUWRVXFKFODLP'DWHGWKLVWK *,%621,*%< &KDPEHUV .LDOH[+RXVH 'RZGHVZHOOWUHHW 1DVVDX%DKDPDV $WWRUQH\VIRUWKHHWLWLRQHUV Water Corp: Inaction will taken water loss to 60% FROM page 1B

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C M Y K C M Y K BUSINESS THE TRIBUNE MONDAY, DECEMBER 6, 2010, PAGE 7B to announce details of their $210 million acquisition of a majority 51 per cent BTC stake plus management control, confirming that the restructuring costs associated with thep lanned downsizing should not be massive. Given that BTC had some 1,228 persons on staff at yearend 2009, a 30 per cent restructuring would entail around 410 jobs going at the company, whose privatisation is scheduledt o be completed around February 15, 2011, midway through the first quarter. T he two unions representing BTC line staff and middle managers, the Bahamas Communications and Public Officers Union (BCPOUP ublic Managers Union (BCPMU tion to CWC (which operates as LIME in the Caribbean B TCs purchaser, suggested that the restructuring could save the privatised company $22 million per year. With a further $5 million gain coming from reengineering a ssociated with the downsizing, the unions estimated that the exercise could ultimately save BTC $27 million per annum money that would flow straight to the bottom line. BTCs salary and benefit costs in 2009 were $84.273 million, and 30 per cent of this is $25.28 million, so the CWCd ownsizing plan is likely to reduce staff costs by somewhere around this amount. Defraying T herefore, the $15 million net cash CWC will inherit will go a significant way to defraying any downsizing expense, possibly covering half of this and maybe even more if iti s all used for this purpose. While BTC had some $61.902 million in cash on its bala nce sheet at year-end 2009, Tribune Business has been told that the maximum $15 million net cash position on the balance sheet at the privatisation date will come after theG overnment has paid-off BTCs existing loan obligations. At year-end 2009, BTC had short-term and long-term l oan liabilities of $11.236 million and $35.564 million respec tively, amounting to $47 mil l ion almost exactly the difference between the year-end 2009 position and the $15 million net cash CWC will inherit. With that net cash figure, and t he Government agreeing to cover any pension fund deficit, many observers are arguing that the Ingraham administration will receive less than $210 mil-l ion net for the majority BTC stake, although is balanced by the Stamp Duty it will receive on the sale. A rate of 10 per cent is payable on BTCs real p roperty, and 4 per cent on the assets of the business being sold, although this could well be split between government andC WC. With the $210 million price being around 4x (four times BTCs operating income and net profit for 2009, many rival Bahamas-based telecoms operators have suggested thatCWC got a sweet deal, although this does not account for t he impact competition will have on the state-owned incum bents profits and revenues as a result of market liberalisation. Mr Rice said of CWCs plans: What we need to do is get into the business, get a handle on it, talk to the management and work with the unions. Adding that CWC had yet to discuss its restructuring plans with either BTC union, with previous talks on the subject having been held between the Government and it, and the Government and the unions, Mr Rice told the conference call: In terms of the restructuring, I think its too early to comment in detail. He added that prior to closing the purchase, CWC would spend its time developing a business plan for BTC, plus the details of how the restructuring was going to work, the cost and how the company would proceed forward. Tribune Business disclosed on Friday how Mr Rice pledged that CWC would engage as quickly as possible with the unions, and how he felt both sides can reach a mutually acceptable point. Uncer tainty He also added during the conference call that BTC staff had been forced to live with years of uncertainty due to the protracted 12-year privatisation process, and that CWC would attempt to explain to the unions how it planned to create success and take the firm forward. I anticipate them being good discussions and positive, Mr Rice said of the impending union talks, and having a good partnership with the unions going forward and making the company as successful as it could be. However, Mr Rice may not have endeared himself to the Bahamian media via the conference call, as he effectively appeared to accuse the press of stoking the unions antiCWC position. Mr Pennington, though, pledged that CWC (LIME grow the business and improve the product offering, which is quite limited at the moment. Pledging that service levels and product offerings would improve to world class levels, he added: Theres very strong opportunities to get margins up to more palatable levels. Mr Rice said BTC ticks all the boxes for us in terms of its fit with LIMEs existing regional operations, Mr Pennington adding that the company was an ideal fit, withCWC seeing significant scope for synergies in areas such as IT solutions and operational support. Acknowledging that the Bahamian government had been very slow to do this in terms of privatising BTC, and had had quite an extensive courtship with a variety of people, Mr Rice said: Weve had some very good conversa tions with them, and see a really good opportunity to deliver value for them in terms of world class telecommunications services. On Friday, Tribune Business reported CWC executives as saying that per capita incomes in Jamaica and Barbados were some 40 per cent and 75 per cent lower, respectively, than the Bahamas. That is not quite correct, as what should have been reported was that they were 60 per cent and 25 per cent lower than this nations, respectively. BTCS $15M NET CASH SET TO COVER RESTRUCTURE COSTS F ROM page 1B What we need to do is get into the business, get a handle on it, talk to the management and work with the unions. Tony Rice

PAGE 18

but denied claims by Tribune sources that an Immigration Department raid had removed several contractorsof varying nationalities including Americans and Filipinos for not being in possession of valid work permits. Jack Thompson, director of immigration, could not be reached for comment, and Mr Schaefer denied that any work permit and Immigration law violations had taken place. He acknowledged that while Immigration had visited the Prince Charles site during the middle of last week, and taken away several Haitian and Jamaican nationals who were working, all had later been released after they were subsequently found to be in possession of valid papers. Meanwhile, Mr Schaefer told Tribune Business that rapid progress was being made in getting the Prince Charles store ready to receive its first customers, with the property now being sealed from the elements and paving of the parking lot and surrounding space having begun. Were actually starting to stock the shelves with groceries, he added, saying that the initial inventory would cost a couple million dollars. Were going to open in a way, shape or form, Mr Schaefer said. Its going to be special, more so on some levels than the first store. In a four-mile radius of here, its the most densely-populated area on the island. Thats the beauty of it. Telling Tribune Business that Robin Hood will likely have invested $7 million in getting the Prince Charles store ready for opening, he added that the retailer was still on target to break ground on the planned 44,000 square foot, two-storey retail complex, which will be situated in front of the store, in January. Asked about tenants, Mr Schaefer replied: Nothing yet, but assume within the next two weeks we will have the whole place rented. Talks, he added, were still ongoing about branding the proposed gym, health and fitness centre under the Magic Johnson name. Asked about how the Tonique Williams-Darling Highway store was performing, Mr Schaefer said it was running similar to last years numbers right now. As for the upcoming Christmas season, he added: Were expecting to do at least as well as last year. It would be nice to be a few percentage points up, but if were 3, 4, 5 percentage points up well be doing really well, because the economy is struggling even worse this year. Mr Schaefer said there seemed to be less money in the Bahamian economy in 2010 than 2009, and the Baha Mar project aside, there was a perception that the general environment was impacting everyone in a harder way than it did at this same time last year. Asked how Robin Hood expected to perform in 2011, its president told Tribune Business: I think its going to be a turnaround for everybody. I think were all going to experience it. It will start slowly and build up as the year goes on. The world economy is turning, and Baha Mar is going to infuse the whole Bahamian environment and economy with a morale booster. It is probably 60-70 per cent of reality that is perception, and if people perceive that things are getting better, they will become better. Its a self-fulfilling prophecy. Mr Schaefer added that Robin Hood would aggres sively pursue its Family Island frsanchise plans in the New Year, adding: Weve already spoken to a few people, and got some very positive responses. There are always opportunities when things are difficult for everybody; you just have to find them and exploit them to your advantage. C M Y K C M Y K BUSINESS PAGE 8B, MONDAY, DECEMBER 6, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM 52wk-Hi52wk-LowSecurit y Previous CloseToday's CloseChangeDaily Vol.EPS $Div $P/EYield 1 .261.00AML Foods Limited1.011.010.000.1500.0406.73.96% 10.759.67Bahamas Property Fund10.6310.630.000.0130.200817.71.88% 6 .184.50Bank of Bahamas4.904.900.000.5980.2608.25.31% 0.580.18Benchmark0.180.180.00-0.8770.000N/M0.00% 3.492.70Bahamas Waste2.702.700.000.1680.09016.13.33% 2.152.14Fidelity Bank2.172.170.000.0160.040135.61.84% 12.509.62Cable Bahamas10.4610.460.001.0500.31010.02.96% 2 .842.36Colina Holdings2.402.400.000.7810.0403.11.67% 7 .005.40Commonwealth Bank (S1)6.856.850.000.4220.26016.23.80% 3.651.63Consolidated Water BDRs1.741.72-0.020.1110.04515.52.62% 2.551.60Doctor's Hospital1.601.600.000.1990.1108.06.88%6 .995.94Famguard6.076.070.00-0.0030.240N/M3.95% 10.207.23Finco7.237.230.000.2870.52025.27.19% 1 1.408.77FirstCaribbean Bank9.399.390.000.6450.35014.63.73% 5.513.75Focol (S)5.465.460.000.3660.21014.93.85% 1.001.00Focol Class B Preference1.001.000.000.0000.000N/M0.00% 5.595.00ICD Utilities5.595.590.000.0120.240465.84.29% 10.509.82J. S. Johnson9.829.820.000.9710.64010.16.52%1 0.0010.00Premier Real Estate10.0010.000.000.9910.80010.18.00% 52wk-Hi52wk-LowSecuritySymbolLast SaleChangeDaily Vol. 9 9.4699.46Bahamas Note 6.95 (2029BAH2999.460.00 100.00100.00Fidelity Bank Note 17 (Series A) +FBB17100.000.00 1 00.00100.00Fidelity Bank Note 22 (Series B) +FBB22100.000.00 100.00100.00Fidelity Bank Note 13 (Series C) +FBB13100.000.00 100.00100.00Fidelity Bank Note 15 (Series D) +FBB15100.000.00 52wk Hi 52wk Low Symbol Bid$ Ask$ LastPrice DailyVol EPS$ Div$ P/E Yield BISX LISTED & TRADED SECURITIES AS OF:7% I nterest 7 %RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)29 May 2015 W WW.BISXBAHAMAS.COM | TELEPHONE:242-323-2330 | FACSIMILE: 242-323-232019 October 2022 Prime + 1.75% Prime + 1.75% 6.95%20 November 2029THURSDAY, 2 DECEMBER 2010BISX ALL SHARE INDEX: CLOSE 1,482.65 | CHG -0.02 | %CHG 0.00 | YTD -82.73 | YTD % -5.28BISX LISTED DEBT SECURITIES (Bonds trade on a Percentage Pricing basis)M aturity 19 October 2017FINDEX: CLOSE 000.00 | YTD 00.00% | 2009 -12.31%3 0 May 2013 52wk Hi 52wk Low Symbol Bid $ Ask $ Last Price Daily Vol EPS $ Div $ P/E Yield 10.065.01Bahamas Supermarkets5.016.0114.00-2.9450.000N/M0.00% 0.550.40RND Holdings0.350.400.550.0010.000256.60.00% 41.0029.00ABDAB30.1331.5929.004.5400.0009.030.00% 0.550.40RND Holdings0.450.550.550.0020.000261.900.00% 52wk-Hi52wk-LowFund NameNAVYTD%Last 12 Months %NAV 3MTH 1.51221.4076CFAL Bond Fund1.51225.11%6.79%1.490421 2.92652.8300CFAL MSI Preferred Fund2.91871.10%3.13%2.919946 1.56681.4954CFAL Money Market Fund1.56834.06%4.67%1.548897 3.20252.8522Royal Fidelity Bahamas G & I Fund2.8624-8.16%-7.49% 13.638813.0484Royal Fidelity Prime Income Fund13.56421.47%2.95% 114.3684101.6693CFAL Global Bond Fund114.36849.98%12.49%109.392860 106.552899.4177CFAL Global Equity Fund106.55284.75%7.18%100.779540 1.13671.0000FG Financial Preferred Income Fund1.13674.30%5.21% 1.09741.0000FG Financial Growth Fund1.09742.75%6.87% 1.13631.0000FG Financial Diversified Fund1.13634.18%5.78% 9.74859.1005Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 19.74584.35%5.22% 11.236110.0000Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 210.6000-1.59%4.26% 10.00009.1708Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 39.5037-4.96%-4.96% 8.16434.8105Royal Fidelity Int'l Fund Equities Sub Fund8.16435.79%9.42% BISX ALL SHARE INDEX 19 Dec 02 = 1,000.00YIELD last 12 month dividends divided by closing price 52wk-Hi Highest closing price in last 52 weeksBid $ Buying price of Colina and Fidelity 52wk-Low Lowest closing price in last 52 weeksAsk $ Selling price of Colina and fidelity Previous Close Previous day's weighted price for daily volumeLast Price Last traded over-the-counter price Today's Close Current day's weighted price for daily volumeWeekly Vol. Trading volume of the prior week Change Change in closing price from day to dayEPS $ A company's reported earnings per share for the last 12 mths Daily Vol. Number of total shares traded todayNAV Net Asset Value DIV $ Dividends per share paid in the last 12 monthsN/MNot Meaningful P/E Closing price divided by the last 12 month earningsFINDEX The Fidelity Bahamas Stock Index. January 1, 1994 = 100 (S) 4-for-1 Stock Split Effective Date 8/8/2007 (S1) 3-for-1 Stock Split Effective Date 7/11/200731-Oct-10BISX Listed Mutual FundsNAV Date 31-Oct-10 31-Oct-10 30-Sep-10CFAL Securities Ltd. (Over-The-Counter Securities)TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-752531-Oct-10 30-Sep-10 30-Sep-10 26-Nov-10 31-Aug-10MARKET TERMS31-Oct-10 NAV 6MTH 1.467397 2.911577 1.532712 107.570619 105.776543 30-Jun-10 31-Oct-10 31-Oct-10 31-Oct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t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t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e got no notice of any federal violation from any federal agency, and therefore there was no violation. Had there been a violation Bahamasair wouldve been fined. In court documents obtained by Tribune Business, it was recorded that legal action pursued by 23-year Bahamasaire mployee, Deborah Pinder, in the south Florida district c ourt was dismissed on June 22, 2010, six days before it was due to go to trial. This dismissal of the case came after Mrs Pinder filed a notice of settlement with Bahamasair. Mrs Pinder had sued the company in 2008, alleging that it violated the Florida Whistleblower Act when it fired her over her decision to copy a letter she had written, highlighting an alleged violation by a Bahamasair manager of US federal regulations regarding passenger check-in, to the Transport Security Administration (TSA Her court action charged that she engaged in protected activity when she objected in writing to Bahamasairs violation of federal law, and was otherwise performing satisfactorily in her position. In her letter to the Miami station manager for Bahamasair, Glenda Pletscher, advising of the alleged contravention of regulations governing the Airline Passenger InformationS ystem (APIS d escribed how the manager had checked in a passenger for a flight under an entirely different and incorrect name and passport number. Discrepancy The discrepancy on the passenger manifest was only corrected by a different employee after the flight had departed, f ollowing discovery of what had taken place by a gate agent. Having been suspended without pay a year earlier for inadvertently entering incorrect information into the APIS ( Airline Passenger Information System), mixing up the name of one passenger with another who had a very similar name, Mrs Pinder said in her letter that all Bahamasair e mployees deserve to see the procedures and policies of this airline applied uniformly. She suggested that she was well aware of the negative i mpact such breaches of security can have on the welfare of Bahamasair, and added that while her mistake was not intentional, other employees may be intentionally engag i ng in actions which undermine Bahamasairs compliance with TSA guidelines. Under rules and regulations stemming from post 9/11 a nti-terrorism legislation in the US, it was a requirement that a proper passenger manifest be completed and sent elec tronically to the federal tracking agency prior to securing any airplane for departure. I n the letter Mrs Pinder received a month later, advising her of her termination, director of human resources for Bahamasair, Cornel Mortimer, stated: We have decided further and more severe disciplinary action is warranted based on your sending a copy of your letter (alleging viola tions of US federal regulations by Bahamasair) to the TSA. We believe your motive in doing so was malicious and that your intent was to harm the company. The company does not want employees who desire to cause it harm. M r Mortimer claimed in the termination letter he sent to Mrs Pinder that it was in further reference to the incident that occurred on October 2, 2007 the incident in whichM rs Pinder entered incorrect information into the APIS s ystem, resulting in her previous suspension. In her subsequent lawsuit, Mrs Pinder alleged she suffered financial and psychological damage as a result of being terminated from Bahamasair, being unable to find other unem ployment after finding that she had been essentially black listed from the industry because of Bahamasairs actions. BAHAMASAIR DENIES WHISTLEBLOW FIRING F ROM page 1B New Robin Hood store % ready F ROM page 1B

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PAUL WISEMAN, A P Economics Writer W ASHINGTON The economy is starting to fire on almost every cylinder t hese days but the one that matters most: Job creation. Factories are busier. Incomes are rising. Autos are selling. T he holiday shopping season is s haping up as the best in four years. Stock prices are surging. And many analysts are raising their forecasts for the econo my's growth. Goldman Sachs, for instance, just revised its gloomy prediction of a 2 percent increase in gross domestic p roduct in 2011 to 2.7 percent a nd forecast 3.6 percent growth for 2012. "The upward momen-tum has more traction this time," says James O'Sullivan, c hief economist at MF Global. If only every major pillar of the economy were faring so well. Despite weeks of brighter e conomic news, employers still aren't hiring freely. The econom y added a net total of just 39,000 jobs in November, the government said Friday. That's far too few even to s tabilize the unemployment rate, which rose from 9.6 per-c ent in October to 9.8 percent last month. Unemployment is w idely expected to stay above 9 percent through next year, in part because of the stilldepressed real estate industry. Job creation ultimately drives the economy, and it remains the most significant weak link. The meager job gains for November confounded econom ists. They'd expected net job growth to reach 145,000 and for the unemployment rate to stay at 9.6 percent. Some economists dismissed the November data as a technical fluke, a result of the government's difficulty in adjusting the figures for seasonal fact ors. They think the number will be revised up later. Others saw the jobs report as a reminder that the economy is still struggling to emerge from an epic financial crisis that choked off credit, stifled spending and escalated a "normal" recession into the worst in 70 y ears. The depth of the financial crisis means the recovery will proceed more slowly than many had hoped or expected, they say. The fits and starts are not surprising," says Jack Kleinhenz, chief economist at the National Retail Federation. "We've had a unique recessiona nd therefore a unique recove ry." In the view of most econom ists, the direction of the overall economy remains positive even if its pace feels agonizingly slow. The latest unemployment report was a setback, but likely a temporary one, theys ay. Which are you going to believe," O'Sullivan asks, "one month of payrolls or all the other data?" Among encouraging signs: _ Consumers, whose spending fuels about 70 percent of the economy, are regaining confidence. The Conference Board's index of consumer confidence rose in November to the highest level since June as consumers expressed more optimism about business cond itions and jobs. Consumers are suffering "austerity fatigue," says Scott Minerd of Guggenheim Partners. They're ready to replace old clothes, old appliances, old cars. Family finances have improved. Personal income surged 0.5 percent in October. T hat put cash in shoppers' wallets for the holiday shopping season. Households cut their debts to 122 percent of annual disposable income in the AprilJune quarter, according to Haver Analytics. That was the lowest debt level since the end of 2004. _The holiday shopping seas on got off to a buoyant start. The National Retail Federation e xpects holiday retail sales to rise 2.3 percent this year, the b est performance since 2006. One reason: Stock prices have surged. A 14 percent rally in the Dow Jones industrial aver-a ge since late August has made h ouseholds feel wealthier, Kleinhenz says. C M Y K C M Y K BUSINESS THE TRIBUNE MONDAY, DECEMBER 6, 2010, PAGE 9B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM 'U/LX=HOLQ/HRf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ssociated Press ATLANTIC CITY, N.J. Asked about his plans to save Resorts Atlantic City, the f irst casino in the United States to open outside Nevada, newo wner Dennis Gomes briefly touches on spruced up hotel r ooms, guest suites and a snazz ier casino floor. But what the place really needs, he says, is a w hole lotta love, with some positive spiritual energy thrown i n. Despite his buttoned-down appearance, Gomes is not your t ypical casino executive. "There's something in the martial arts called 'chi,' the life energy that guides you ... I think I give energy," said Gomes, a veteran casino executive who got approval on Wednesday to buy the strug gling casino with partner Morris Bailey for the fire-sale price of $31.5 million from lenders who had taken it over a year ago. "I think love is the most pow erful force in the universe. If you do everything from love, you can tap into that energy," he told the Casino Control Commission, drawing big laughs by adding, "those Wall Street guys hate that." (AP Photo/Mel Evans,file AILING: Resorts Hotel and Casi no, Atlantic Citys first casino, which opened Memorial Day 1978, is seen in this Nov. 14, 2007 photograph. Economy is making steady gains despite weak hiring NEW RESORTS OWNER: ALL AILING CASINO NEEDS IS LOVE months and years to say yes or no to. Mario Bastian, the BSE secretary, put it to M r Ingraham during a question and answer session engineers were allowed with the Prime Minister, that given ongoing problems with the length of time it takes government building inspectors to c ertify construction work, private engineers could in some way or form could assist the Ministry in carrying out that task. There are engineers who are qualified and equipped to inspect constructions throughoutt he country, and think it would be a good thing for us to assist the Ministry, so people can get occupancy as quickly as possible, said Mr Bastian. M r Ingraham responded that this was music to (his But you must bear in mind that the Ministry of Works and government departments are bureaucracies. They dont want to give up anyp ower like to hog it all, even though they can be overwhelmed, the Prime Minister said. But no, be assured they will be mandated to do it and it can be done easily. We have 130 certified engineers and architects, and theres no possibility of the Government of the Bahamas hiring sufficient people to do these inspections. We can agree reasonable fees and expedite t hese things. Thats no problem whatsoever. Well act on that, said Mr Ingraham. Responding to a query from engineer Marcus L aing about the building permit process, which has been criticised of late for how long it cant ake especially in comparison to other jurisdic t ions globally Mr Ingraham suggested that under t he new Planning and Subdivision Act, there are p rovisions for the expedited approval of building plans put forward by licensed professional engin eers and architects, and which are under a certain size. Mr Laing said: One of the things thats really been a hindrance is the long time for approvals on the engineering or architectural side. Around the world they have an expedited process where applications are made by licensed professionals. A study was put forward to the Ministry which spells out that where licensed architects and engineers put forward plans for a building under a certain size, the jurisdiction just allows it to be passed, with all liability falling on that professional. It allows more revenue, more jobs to flowi nto the community. M r Ingraham said: We are as frustrated as y ou are in terms of how long it takes to have v arious simple things determined in the Bahamas. O ne of the big irritants is permission to build a s imple house or office, or to determine if this or that area is commercial etc. We are well underway in terms of being able to structure the Government in that fashion, and the point you make will be dealt with shortly. Speaking of the potential impact of allowing for private engineers rather than just government-employed building inspectors doing building inspections, BSE presidentRobert Reiss, told Tribune Business that this could be a useful revenue stream for such professionals at a time when many are unemployed and a lot are underemployed. Where it has much much more significant impact is to actually expedite developments in o ur country. To become more attractive to developers and F DI, getting our ranking up higher worldwide in terms of the development process and having Bahamians building their own home being able to do it smoothly and effectively, and eliminate some of that red tape and time constraints, Mr R eiss said. That specific action that we very much hope is implemented really could just expedite the whole building process in the country, and those benefits could be really just phenomenal. PM backs building inspection outsource F ROM page 1B

PAGE 20

C M Y K C M Y K INSIGHT T HE TRIBUNE MONDAY, DECEMBER 6, 2010, PAGE 11B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM GN-1141MINISRY OF NATIONAL SECURITY POLICE DEPARTMENT BAGHDAD INTELLIGENCEofficials say foreign fighters have been slipping back into Iraq in larger numbers recently and may have beenb ehind some of the most devastating attacks t his year, reviving a threat the U.S. military believed had been almost entirely eradicat ed, according to Associated Press. It is impossible to verify the actual numbers of foreign insurgents entering the coun try. But one Middle Eastern intelligence o fficial estimated recently that 250 came in October alone. U.S. officials say the figure is far lower, but have acknowledged an increase since August. A t the same time, Iraqi officials say there has been a surge in financial aid to alQaida's front group in Iraq as the U.S. mil i tary prepares to leave by the end of 2011. They said it reflects fears by Arab states over the growing influence of Iran's Shiite-l ed government over Iraq and its Shiited ominated government. On Sunday, security official Maj. Gen. Qassim al-Moussawi said Iraqi forces are searching for six foreign fighters who are among Iraq's most wanted terrorists. The six are suspected of involvement in the Oct. 31 siege of a Christian church that l eft 68 people dead and drew international outrage, al-Moussawi said. They are also suspected in two summertime attacks on anI raqi army headquarters in central Baghdad that killed a total of 73 people. "All who committed these attacks are (non-Iraqi the failure of al-Qaida leaders to recruit Iraqis to carry out suicide attacks." Al-Moussawi said five of the six suspects are hiding in two Sunni Muslim-dominated provinces bordering Syria, while one has fled to Syria. U.S. officials are playing down the threat. Army Col. Barry Johnson, a spokesman for U.S. forces in Iraq, said the military noticed a slight increase in foreign fighters starting in August, but would not say how many. He said the number remains far low er than when insurgents were rushing in from Arab states between 2005 and 2007. "There were some indications of a flow of foreign fighters in," Johnson said. "And that is often associated with suicide attacks, sowe were anticipating something happening." Last year, U.S. counterterrorism officials said the number of foreigners heading toIraq had trickled from hundreds to "tens" in what they described as a severely weakened al-Qaida in Iraq. But a Mideast counterterrorism official said an estimated 250 foreign fighters entered Iraq in October alone. He said they came through the Syrian city of Homs, a hub for Syrian Muslim fundamentalists that is run mostly by Tunisians and Algerians. Other fighters have come from Pakistan, Saudi Arabia, Libya and Yemen. Additionally, the official said tens of millions of foreign dollars annually are fundingthe Iraqi insurgency, which has received about $5 billion in aid since 2007. The money comes from al-Qaida leaders, Muslims who want the U.S. to leave, and so-called 'Arab nationalists' who are eager for Sunni Muslims to regain power in Shiite-domi nated Iraq. The official spoke on condition of anonymity because he was not authorized to brief the media. Even at the height of the war, foreign fighters were considered a small percentage of the total insurgents in Iraq. But their presence encouraged donations from over seas, and they made up some of the most hardcore jihadists who were willing to carry out suicide bombings. Officials see the fingerprints of foreign fighters in a spate of recent attacks: Four of the church bombers who were from Libya and Syria and carried fake ID cards that identified them as mutes to avoid talking in foreign accents to checkpoint guards, Iraqi Deputy Interior Minister Ahmed Abu Raghef told The Associated Press. He said $70,000 cash was seized from a western Baghdad home where their cell's leaders were operating. A Tunisian who was also pretending to be mute was arrested on terror charges in August in eastern Diyala province, accord ing to an Iraqi security official who spoke on condition of anonymity because he was not authorized to talk to the media. A Moroccan fighter was captured and two non-Iraqi insurgents were killed in a raid last Thursday in the northern city of Mosul, said Defense Ministry spokesman Maj. Gen. Mohammed al-Askari. Four Jordanian fighters were killed by U.S. troops in Iraq, according to a Novem ber claim by the Islamic State of Iraq, a front group for al-Qaida. A Nov. 2 string of rapid-fire blasts in Shiite neighborhoods across Baghdad killed 91. Iraqi counterterrorism commander Maj. Gen. Fadhel al-Barwari said it must have been carried out with foreign financing to buy the explosives needed "to launch an attack with a big number of casualties." U.S. officials and experts voiced doubt that the foreign aid is as high as Iraqi and Mideast authorities believe. A senior U.S. military official who spoke on condition of anonymity to talk candidly about the sensitive issue estimated about 10 foreign fighters enter Iraq each month. Michael Knights, a Lafter Fellow at the Washington Institute for Near East Policy predicted there are only "small cells of expe rienced foreign fighters in ISI." But an analysis by private global intelligence firm Stratfor concluded that foreign help in the church siege signals al-Qaida "may have found a new source for militants, and they may have more resources to carry out fresh attacks." More foreign fighters seen slipping back into Iraq IRAQI MILITARY spokesman Maj. Gen. Qas sim al-Moussawi speaks to the media during a press conference in Baghdad, Iraq, Sunday, Dec. 5, 2010. Al-Moussawi says security forces are on the lookout for six foreign fight ers who helped launch horrific attacks this year that killed more than 140 people. (AP technical and vocational training less expensive f or young men of modest m eans. The friend pointed out that helping young men to earn and contribute to ah ousehold can be a huge h elp to them and their often y oung and struggling mothers as well. She said: "Im a young mother; my daughter is 16. I grew up in Montell Heightsw here there was shooting a nd violence every day. I try and get out of that but if someone cant help me get a house or move out of this area then my child is gonna grow up in that same system,the same thing. My time was g ood, but her time will be worse. "All it is just the same thing, just a different day, different year, but it trickles down. My mummy had two c hildren for two different men. It will trickle down I e nd up with two, my child w ill end up with two. My mummy had a baby when s he was 18; I had mine when I was 16. "Good thing I break the cycle and my daughter didnt h ave hers when she was 16, b ut I feel as though if she was still in Montell Heights w here I was growing up she m ight have. So I break the c ycle by trying to say, 'Well you try to go to college, mummy couldnt go. Mummy didnt graduate from high school, but I have a good job'." B ut these women are not f ooled by all those who cry poor mouth. Ms Smith said that simply having qualifications is not enough on its own, "because it's a choice to i mprove your life it's on y ou." Her friend noted that many people in Bain Town claim they need help, but "could get a hair-do every day and dont go to work. "So it depends on who w ants to be helped people will tell you Oh I want to be helped', but they dont want to do the work. Youc an open up the door for me, but I have to walk through that door. Some people want everything handed to them, but thats not what were saying. If Im willing to work for w hat I want and my child is younger, help me so that I can be able to help they oung one growing up. "If you help me, I might b e able to take in another c hild whos not doing so good my sisters child, whose mother may be drinking or doing drugs she sees man beating up her mummy every day, shes going to say, Well man take care of my m ummy, man can take care of me'. "She could live with me to have a better life because what she sees her mother doing, she will do the same." H owever, they know it is u nrealistic to expect that everyone will react with such generosity, so they feel that whenever possible, it would be best to remove children from the suffocating atmosphere of these neighbourh oods altogether. The aunt suggested a kind of national recreation centre, "that way, you haves omeplace for kids to go. Right now there is no place for our kids to go, nowhere. The friend said: Or they could do a daycare for when parents go to work they d ont have no one to watch t heir children. Instead of leaving their child home with this one and that onew ho drinks rum or dont stay home or whatever, have s omewhere, a nursery where p eople could come and drop their children off during working hours and then pay (thats a job too; parents dont have a problem paying because you have to go t o work to make money). A l ot of people dont go to work because they dont have anyone to watch their children. The aunt added: Not only that if you go to work a nd something happens to y our children, the first thing people say is If that woman used to stay home and keep them children, this wouldnt have happened, or the child would have grown up different'. But parents have to w ork. For these women, crime, its causes and possible solutions are clearly complexi ssues requiring far reaching action. Whether or not the majority of Bahamians living in Over the Hill communities share these sentiments is unfortunately very d ifficult to judge; the opini on of the common man or woman features rarely in the Great Debate on Crimew hich the "experts" seem to be perpetually engaged in. In addition to the official police line, substantial attention is given to the insistenceo f the religious bunch that c rime is a righteous plague v isited upon us as a penalty for turning from God a view which conveniently ignores the comparative peace and safety enjoyed byn umerous societies much l ess saturated with "religion" t han ours. Then there are the fearful wealthy, who despite the fact that the vast majority of victims are someone else seem to suspectc rime is a specific attack on t heir way of life, perpetrated by mindless barbarians bent on destroying them exclusively. Meanwhile, "Grass roots" views on crime are usuallya ired only at moments of h eightened tension or emotion immediately following a murder or other violent incident for example resulting in understandably extreme reactions being taken for common opinion. As a result, working peop le are seen to be either part of the "pro-hanging march" torch-and-pitchfork crew,e ager to sacrifice any and all s uspects to the gods of vengeance; or the "Thug Life" crime-as-righteousrebellion crew, who see the police as an enemy guilty of harassment and provocation. B ut Ms Smith and Co. are right: it is not just a matter of turning to God, catching and keeping a handful ofc riminals, of putting up highe r fences around your house. T o deal with crime, you have to face the fact that it has become deeply entrenched in this society, that the cycles of abuse andn eglect of which these w omen spoke will not be b roken easily. The solutions have to be practical, realistic but crucially, must involve personal responsibility as well as ah elping hand. T he simple decision to see things clearly, no matter how bad they are, can itself lead to healthier behaviour and begin to restore our sense of community. M s Smith said: We have t o live as one I always told my co-workers that, because you don't know who's next. On the job I try to talk and laugh and joke, because you don't know who is next. I didn't know I was next. Ms Smith is, however, u nder no illusions that good sense will prevail anytime soon. Referring to her son'sd eath, she said, "It ain't the f irst one, and sad to say, it ain't gon' be the last. What do you think? email: p nunez@tribunemedia.net F ROM page 12B Uncommon sense


{T)

Pim blowin’ it

75F
J9F

HIGH
LOW

SUNNY AND

~~ BREEZY

Volume: 107 No.13



Bec

SENSE

SEE PAGE 12C

ABDF fears after





96 Dominicans held
as reports of illegal
fishing increase

By AVA TURNQUEST
Tribune Staff Reporter
aturnquest@tribunemedia.net

THE seizure of two ille-
gal fishing vessels this week-
end and increased reports
of poachers in the Ragged
Island chain have “height-
ened” the concerns of the
Royal Bahamas Defence
Force.

Reports reaching The Tri-
bune late last night indicated
that another vessel may
have been seized in addition
to Saturday morning’s catch,
which led to the arrest of 96
fishermen.

Details could not be con-
firmed up to press time,
however officials explained
that the number of boats
seized did not match initial
reports, and RBDF mem-
bers were still scouring the
area.

Officers on the Defence
Force’s Dauntless Class P48
boarded and searched two
65{t vessels fishing shortly

ifimtenda Bil *

+ Conpesers
+ deeerd

after 7am on Saturday.

According to reports from
Spanish Wells, the boats
were picked up on the
Conchina banks, just west
of Ragged Island, which are
well known for its grouper
schools. The grouper season
officially closed at the begin-
ning of this month.

In a press statement yes-
terday, the Defence Force
said: “The search led to the
confiscation of a large quan-
tity of shelled and scaled
fish, and the arrest of nearly
100 persons, believed to be
Dominican fishermen, on
board.

“The apprehended craft
are being escorted by
Defence Force vessels to the
capital, where the foreign
fishermen will be turned
over to relevant authorities
for further processing.”

Throughout the years, and
most recently in October,
local fishermen have cried

SEE page 13

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The l

ribune |“



MONDAY, DECEMBER 6, 2010



SEE PAGE THREE



LATEST NEWS ON WWW.TRIBUNE242.COM

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

CASH LS

ny arrests









POLICEMAN SHOT BY
ANOTHER OFFICER
DIES OF INJURIES

By ALISON LOWE
Tribune Staff
Reporter

alowe @tribunemedia. net

A POLICE officer
who was accidentally
shot in the chest by
another officer on
Thursday has died,
police said.

Inspector Miller died
of his injuries in hospi-
tal at 12.15pm yesterday.

He had been admitted
for treatment on Thurs-
day morning after being
shot during what police
described as a “covert

SEE page 13

FESTIVE PERFORMANCE: The

Royal Bahamas Police Force held
its ‘Drum Beat Holiday Extravagan-
za Concert’ in conjunction with the

National LEAD Institute and the

PACE Foundation at the National
Centre for the Performing Arts.
Police officials including Commis-








MAJORITY OF BIRTHS IN BAHAMAS

UNMARRIED mothers
once again accounted for
the majority of all births
in the Bahamas, and 20
per cent of all registered
births were to non-
Bahamian women, accord-
ing to the latest figures
from the Department of
Statistics.

In its completed Vital
Statistics Report for 2008,
the department said it



recorded 5,480 live births,
a decrease from 5,854 in
2007.

The proportion of births
registered rose from 87
per cent in 2007, to just
over 93 per cent in 2008.

Unwed mothers
accounted for 60 per cent
of all births.

The largest number of

SEE page 13

sioner Ellison Greenslade (left)
were present at the event.




DETAINEE DESCRIBES ‘TERRIBLE’
EXPERIENCE AT DETENTION CENTRE

By ALISON LOWE
Tribune Staff Reporter

alowe@tribunemedia.net

ALLEGATIONS of over-
flowing and stinking toilets,
insufficient food, beds and
bedding, and sexual assault
have again emerged from the
Carmichael Road Detention
Centre, with one recent
detainee describing the expe-
rience as “terrible.”

The man, who does not

°2,500



NASSAU AND BAHAM/?

ISLANDS? LEADING NEWSPAPER

wish to be identified, was
picked up recently by Immi-
gration officers and taken to
the centre for around 24
hours.

“T know it’s not meant to
be the Ritz Carlton, but it
was really disgusting,” said
the man, who told The Tri-
bune he felt compelled to
raise awareness of the con-
ditions on behalf of those

SEE page 14

71,000

RAC Royal Bank”
PAGE 2, MONDAY, DECEMBER 6, 2010 THE TRIBUNE



LOCAL NEWS

Fe eee UE Tas



HOLIDAY FUN: John Bull held a holiday event on Saturday at its
Bay Street store. There was fun for all the family with magic shows,
face painting, arts and crafts and balloon animals. Santa also paid a
visit and there was a Junkanoo performance.

PHOTOS: Felipé Major/Tribune staff



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

MONDAY, DECEMBER 6, 2010, PAGE 3



LOCAL NEWS



SIR JACK HAYWARD :
VOICES CONCERNS |
OVER ELECTRICITY

By DENISE MAYCOCK
Tribune Freeport Reporter :
dmaycock@tribunemedia.net_ i
FREEPORT: Sir Jack }
Hayward, one of the princi- :
pal owners of the Grand :
Bahama Port Authority, :
expressed his annoyance }
over the high electricity cost :
and inefficiency in power }
service, which he says are i
hindering major investments :
in Freeport. :
He noted that big compa- }
nies have already pulled out :
of Freeport because of the }
electricity cost, and others :
have sustained major equip- }
ment damage and loss as a }
result of the frequent power }
outages. :
“We had the glass compa- }
ny pull out and we had oth- :
er people do the same,” Sir }
Jack commented during a }
press conference in the Port i
Authority Boardroom. :
“We (also) had com- }
plaints from Pharmachem. :
Every time there is a power }
cut it blows out some of }
their machinery and com- :
puters, and the power com- }
pany has not been compen- }
sating them.” :
In March, Fenestration }
and Glass Services closed its
$20 million investment in }
Freeport because of the high :
cost of power and poor ser- }
vice reliability of the Grand :
Bahama Power Company.
CEO Steve Howes report- }
ed at the time that they were :
being were charged “six }
times the price” of electrici-
ty the company would be :
billed in North Carolina, }
where it has relocated. :
In addition to a power bill }
of $120,000, the Queen’s }
Highway-based company
also lost critical manufac- }
turing equipment, resulting }
in at least $170,000 damage, :
as a result of surges in pow- }
er supply on numerous occa- }
sions. i
Polymers International i
Limited, a major plastics }
manufacturing plant locat- :
ed on Queen’s Highway, :
were also hit with electricity :
bills amounting to $500,000 :
a month, forcing the com- i
pany to lay off 26 contrac- }
tors. i
Greg Ebelhar, chief oper- }
ating officer, said the elec- :
tricity costs is nearly five }
times that of its nearest US }
competitor. i
Sir Jack said the Port
Authority has been very }
concerned over the power ;
situation and has no plans }
to approve any request for i
rate hikes. ;
“The high cost of electric- }
ity and frequent power out- }
ages discourage industry,”
he said. :
“Tt is something we were i
fighting against. We had no }
control over it except to set }
their rates which we had }
resisted them putting up }
rates over the past two i
years. i
“Providing such inefficient ;
electricity, we are not going }
to approve any hike in rates. :
I hope that they can bring }
in more generating equip- }
ment and more reliable }
equipment, but I hope also }
that they will bring their :
prices down and read the :
meters,” Sir Jack said. :
Even though many resi- }
dential customers had tak- }
en steps to limit their power }
usage and consumption by }
turning off major appliances ;

SEE page 13

FOR 3 IN 1 LAWN SERVICE
eda a cn
aR
re Dae EL
haa GT

1 i

fvicronet

BUSINESS TECHNOLOGY

Supermarket targeted in
weekend armed robberies

By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net

informed that two men armed with
handguns entered the business and
demanded cash.

of the matters.
According Police Press Liaison
Sergeant Chrislyn Skippings, the

three men armed with "high powered
weapons", and two Nassau web shops
also hit.

SIX armed robberies took place
between Friday and Saturday after-
noon, with Cost Right supermarket
at the Town Centre Mall targeted by




















HONOUR: Alan Arkin

ae:

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Ley

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Four men have been taken in for
questioning in connection with two
separate incidents, but up to press
time last night, police were still on the
lookout for those responsible in four

By MEGAN REYNOLDS
Tribune Staff Reporter

mreynolds@tribunemedia.net

STAGE and screen star
Alan Arkin stepped out on
the red carpet at the Atlantis
hotel on Saturday night to be
honoured with a Career
Achievement Award by the
Bahamas International Film
Festival (BIFF).

The prolific actor whose
performance in Little Miss
Sunshine earned him the
Academy Award for best
actor in a supporting role in

ale

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2007, was presented with his
latest accolade by the young
actress who starred opposite
him in the film.

Abigail Breslin, 14, said she
was honoured by the oppor-
tunity to pay tribute to “one
of the best actors ever” who
was kind and patient with her
when they worked together
on the movie set, as she was
just aged nine.

“Alan is one of the best
actors ever,” Miss Breslin told
the audience of around 150
people in the Atlantis theatre.

“People always ask me if

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weekend’s activity began when police
were called to an armed robbery at
Flamingo Web Cafe, on Amos Fer-
guson Street and Poinciana Avenue, at
around 2.35pm on Friday. They were

he gave me any acting tips,
and while I can’t remember
any specific pointers or tips, I
can say that whenever Alan
became Grandpa, I was so
convinced that he was actu-
ally Grandpa that it made me
become more Olive, and I
actually forgot that we were
pretending.



"The culprits robbed the establish-
ment and a customer of an undeter-
mined amount of cash,” said Sgt Skip-

SEE page 15

Actor Alan Arkin honoured at BIFEF

“So I want to thank you
(Mr Arkin) for all of the char-
acters that you’ve created,
and I can’t wait to see the
characters that you have yet
to bring to life, so congratula-
tions.”

Mr Arkin praised the

SEE page 15

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TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM
PAGE 4, MONDAY, DECEMBER 6, 2010

THE TRIBUNE





EDITORIAL/LETTERS TO THE EDITOR

The Tribune Limited

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

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

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

Publisher/Editor 1919-1972
Contributing Editor 1972-199]

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

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

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

WEBSITE

www.tribune242.com —

Claim ‘criminal deportees’ creating problems

JAMAICA’S justice system is facing a
serious problem of witness tampering.

According to Jamaica’s weekend Glean-
er the matter came up for discussion last
week at a case-management conference in
the Home Circuit Court. In many cases, the
complaint was that witnesses could not be
found.

One of the judges suggested that if a wit-
ness had disappeared, the case should be
thrown out. However, as it was pointed out
such action would only encourage the dis-
appearance of more witnesses with more
cases being thrown out for lack of evidence
and accused-— guilty or not — going free
without trial. The whole judicial system
would collapse.

A Jamaican defence lawyer brought to
the Circuit Court’s attention five men
accused of murder whose case has been on
the court’s calendar for the past six years.
However, the case has now been put off
because of insufficient jurors.

Jamaica’s Director of Public Prosecutions,
while sympathising with judges and lawyers,
acknowledged that a lot of witness intimi-
dation was taking place in Jamaica. She said
that as prosecutors they are “operating in a
challenging environment where a lot of peo-
ple are afraid to testify and there are
instances where witnesses are killed.”

However, she said, “we would be handing
a weapon to perpetrators to just simply have
their friends put potential witnesses in fear
because they know the system has a new
rule that once the witnesses do not turn up in
court, the case is automatically thrown out.”
She said that a balance had to be arrived
at, always bearing in mind that the accused
had to be charged within a reasonable time.

“We have to strike a balance too in the
challenging environment, the high crime rate
and intimidation of witnesses,” she said.

Does the Bahamas have the same prob-
lem? The answer is yes, but certainly not to
the same degree.

We have heard of a case in which a fam-
ily is being terrorised right from a prison
cell.

“They have been threatened that if they
talk, they will be killed or their home will be
burned down,” we were told.

It is understood that this family is so
frightened that in three years they have
changed homes 10 times.

This is a murder case. We have heard of
another case — very similar in nature —
where henchmen of the accused torture wit-
nesses by threatening reminders, either by

updated daily at 2pm

phone or in person, as to what would happen
if they talked. These are cases of which we
are aware. However, we have been told that
there are others, and that witness tampering
is becoming a problem.

Several years ago a well known drug lord
was jailed.

There were several killings, some in
Freeport, some in Nassau. Our reporters
were always told that they were murders of
retaliation — one “of the boys” of a certain
drug gang getting even with “the boys” of
another gang. They were slowly wiping each
other out. All of our investigations led to a
certain cell at HM Prison, Fox Hill.

This is very serious. Somehow this threat
to society has to be neutralised. Prison
administrators should know who these peo-
ple are. A system has to be found to cut off
their contact with the outside world and pre-
vent them from directing their “boys” to do
their dirty work for them. When discovered
such persons — regardless of their other
charges — should be jailed for life as being
a danger to society. And the “boys” on the
outside should also be severely dealt with. If
our system cannot protect the witnesses then
those who threaten them should be locked
away so that they cannot harm them.

We have been told that a “serious drug
war ” is going on in the East Street, Market
Street and Blue Hill Road areas, which
would take in Bain Town. The allegation is
that some criminal deportees are mixed up in
this tug-of-war over drugs.

Criminal deportees — those jailed in
another country for serious crime, now being
deported back to their last address — are
causing havoc in Trinidad and Jamaica and
the rest of the Caribbean.

It is understood that the situation is so
bad in Trinidad that a plan is now under
serious consideration to hold court in prison
using computer screens. It has been decided
that to move prisoners to regular courts — as
is done on a daily basis in Nassau — is much
too dangerous. We have been advocating
such a change of court venue for Nassau for
some time. Trinidad is finally going to do it
to protect its citizens.

Criminal deportees, who have served
time in other criminal systems, bring a cer-
tain criminal sophistication back with them
when they return to home turf. There are
those who maintain that it is this element
that has infiltrated the local scene.

It is devastating Trinidad and Jamaica,
we were told. “Nassau,” they say, “is only
catching up.”

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Law about Customs
duty on aircraft
should be quickly
taken off books

EDITOR, The Tribune.

As a citizen of the Bahamas
I would like to put in my 5
cents worth on the controver-
sial matter between Customs
and the Aircraft Charter
Companies which are legally
operating a very much needed
service to the tourists that
come to the Bahamas as well
as to the Bahamian public
who would have a nightmare
travelling to the Family
Islands if it were not for these
charter services.

First and foremost if as I
am made to understand that
this law about Customs duty
on aircraft has always been
on the books then I suggest it
be very quickly taken off the
books because it has never
ever been made known to the
public since Independence
came to the Bahamas.

Therefore making it is a
gross injustice to all of a sud-
den to decide that you are
now going to try to collect
duties which for all intents
and purposes was not applic-
able in the first place.

I would be willing to bet a
fortune that there has not
been a Customs officer in the
Bahamas with the exception
of the top 3 or 4 (and I doubt
even they knew) during the
last 37 years of Indepedence
that had any clue that this

LETTERS

letters@tribunemedia.net



was a law on the books.

If this has been allowed to
exist in this manner with Cus-
toms officers on a daily basis
giving clearance to these air-
craft for all of this time and
not letting people know that
they were required to pay
duty then it cannot be fair and
just to now come and say they
are going to collect.

Besides all of this, there is
the nightmare of aircraft hav-
ing been in the Bahamas for
30 years or more and having
had three or four different
owners during that time span
and now the innocent person
who owns the aircraft is being
hounded to pay, when if Cus-
toms had known and been
doing their job the individual
who brought the aircraft in
would have had to pay the
duty in the first place and it
would not be a problem
today, because it cannot be
fair if Customs allowed some-
one else to break the law and
then decides to penalize me
for their negligence.

Civil Aviation is supposed
to be trying to clean up the
charter industry to ensure the
safety of the flying public, but

this is not the way to go about
this because the legal charter
companies have to spend a
small fortune to maintain
their aircraft and keep them
up to standards that can pass
Civil Aviation inspections in
order to keep a licence. While
the hackers do not maintain
their aircraft thus putting the
flying public at grave risk.

Also if it is fair for taxi
operators to be able to get
taxis duty free then it should
also be fair for legal charter
companies to get duty free
privileges as well because, as I
said before, they are supply-
ing a very necessary service
for tourists and Bahamians
alike.

Iam writing this letter so
that all fair-minded Bahami-
ans can see and know what
the true story behind all of
this hullabaloo is really all
about and give their support
for fairness and equality.

All who know me know
that I strive every day to
make sure that what belongs
to the Treasury legitimately
gets to goin the Treasury but
fairness must be given to all.

ABNER PINDER,
Spanish Wells,
Eleuthera,
December 4, 2010.

Let’s take back our basketball parks

EDITOR, The Tribune.

Our Bahamaland is in crisis. Crime is ram-
pant and some of our young people are seem-
ingly lost in a world uf decadence and deviant
behaviour.

But there is hope for a change and we can
start by taking back our basketball parks.

These basketball parks that are in our com-
munities should be safe zones, but as they are
now they are very unsafe. A basketball game
sometimes turns into a fight amongst the play-
ers, people use foul language and play music
spouting foul lyrics and there’s the smoking of
tobacco and marijuana cigarettes and the open
consumption of alcoholic beverages.

I say it’s high time we the people become
brave enough to take back our basketball
parks. How? What we need to do is make
these places Christian themed basketball parks.
By that I mean we need to repaint over all of
that gang graffiti and now erect billboard signs
displaying Biblical scriptures like the Lord’s
prayer, the 23rd Psalm and the ten command-
ments. We should also erect large, towering
crosses of concrete that can withstand the ele-
ments and time. Some of our people, though
misguided, still have a deep respect and fear of
God.

There should also be a sign of park rules:

1. No fighting

2. No cursing

3. No graffiti

4. No weapons

5. No loud music

6. No smoking

7. No alcohol

If these rules are abided by then these parks
will indeed become safe zones. There should
also be the placement of uniformed park war-
dens to help maintain order, control and dis-
cipline.

Further to this, the church must get involved
for it is often said that the church does not
take their message out into the community
anymore.

Therefore the churches in the areas of these
basketball parks should adopt them and hold
regular evening services at least twice per
week.

These services should be of a casual and
informal nature where the attendees may come
as they are and dressed as they are. Services
should be no more that 40 minutes long as
young people can become bored very easily
and quickly.

There would be the usual singing and
preaching but the preaching of the word must
take a tone that is soft spoken, kind and uplift-
ing. We must not preach down to the atten-
dees, raining down hellfire, damnation and
judgment upon them as this would be a turn-
off and they may not return.

There must be no collection of an offering as
these services should be focused on the giving
of the word not the receiving of money
because attendees may feel that the church is
only doing these services to take their money
which would be another turn-off.

At the end of each service there should be a
call-out to those in attendance who wish to
come forward and receive the cleansing of the
Holy Spirit and be born again thus setting
them on the right road in turning their lives
around. This is how we can change the minds
of our wayward youth. Phone and e-mail con-
tacts should also be given out for those wishing
to seek further counsel.

Yes there is a lot of talk out there but I feel
this is a plan of action in the right direction. I
am not a very religious person but I do recog-
nise the power that religion has and the impact
it can have on a person’s life.

These are desperate times and though this
plan may seem small I feel it can aid greatly in
making a positive change in our great Bahama-
land. Let us remember the song that says “it
only takes a spark to get the fire going.”

DEREK
Nassau,
November 29, 2010.

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THE TRIBUNE

MONDAY, DECEMBER 6, 2010, PAGE 13

LOCAL NEWS

UNMARRIED MOTHERS ACCOUNT FOR
MAJORITY OF BIRTHS IN BAHAMAS

FROM page one

births were to women aged
25 to 29.

Teenage mothers
accounted for about 12 per
cent of registered births.
Ten per cent of these births
were to girls under 15.

The majority (75 per
cent) of all registered
births were to mothers
whose usual residence is
New Providence.

In 2008, registered births
to non-Bahamian mothers
stood at 20 per cent. Just
over three quarters (79 per
cent) of the non-Bahami-
an mothers were of Hait-
ian origin.

The year 2007 recorded
the highest sex ratio of
male to female registered
births, reporting 105 boys
for every 100 girls born.

However, in 2008 a
decline of 97 boys to every
100 girl births were record-
ed.

There were a total of
1,863 deaths in 2008, result-
ing in a crude death rate of
Mortalities among the
male population continued

to be the highest at 1,026
while the incidences of
death for females stood at
837 in 2008.

Hypertensive and heart
diseases remained the
major causes of death
among men and women.

The second largest num-
ber of all deaths occurred
among persons with can-
cer.

Breast cancer in women
and prostate cancer in men
continue to be the two
major types of cancer
deaths.

Deaths caused by AIDS
declined for the second
consecutive year.

Infant immortality rate
increased slightly over the
previous year from 17.6 in
2007, to 17.9 in 2008.

A similar growth pattern
was registered for still-
births from 14.2 in 2007, tc
15.0 in 2008.

There were 1,969 mar-
riages recorded in the
Bahamas in 2008, which
showed a slight decline of
2.6 per cent from the pre-
vious year. The marriage
rate declined to 5.8 in 2008
from 6.1 in 2007.

DRUM BEAT HOLIDAY
EXTRAVAGANZA CONCERT

ON-SONG: Singers perform at the

‘Drum Beat Holiday Extravaganza Con-

cert’ held by the Royal Bahamas

Police Force in conjunction with the

National LEAD Institute and the PACE

Foundation at the National Centre for
e Performing Arts last nigh

Felipé Major/Tribune staff

- POLICEMAN SHOT BY
ANOTHER OFFICER
_ DIES OF INJURIES

FROM page one

? operation.”

Pressed for further

i details on the circum-
: Stances surrounding the
? incident at the time, Assis-
i? tant Commissioner of
: Police Hulan Hanna said
i he could provide no more
? information because it
: would risk compromising
i the police’s work.

“Officers were partici-

i pating in an operation in
? southwest New Providence
: when an officer was acci-
i dentally shot to the upper
: body by one of his col-
i leagues.

“This was a police oper-

i ation, we cannot say any-
? thing else about it. A lot of
? the work officers do are by
: nature covert, and if we
i comment on some of the
: things we have to engage
? in, it would compromise
; future operations,” he said.

A tribute to the officer

| § was expected to take place
: during the police’s “vari-
? ety concert” at the Nation-
: al Centre for the Perform-
? ing Arts yesterday evening.

SIR JACK HAYWARD VOICES CONCERNS
FROM page three

in their homes, they complained that their monthly bills were
still very high and suspected that the company was estimating
their bills based on past billings.

Sir Jack, who also owns a residence in Freeport, said he too
received a bill for over $600 although he had been off the
island for an extended period of time.

“We vacated it for a whole month, cut off all electricity: the
light, air condition, even hot water heater, and we still got a bill
for $625 when there is no one at the cottage at all,” he said.

Last Thursday, the G B Power Company announced that
Emera had purchased 55.4 per cent of MaruEnergy’s (a Japan-
ese based company) interest in the company, making it the
majority owner of the power company with a total interest of
80.4 per cent.

Emera CEO Chris Huskilson also announced plans to build
a new $35 million generating station to provide more reliable
and efficient power supply on Grand Bahama.

He also stated that the company will install two, one
megawatt wind turbine, early next year after a wind study on the
island which concluded that wind energy is possible.

“We want to make the island’s electrical system less reliant
on fossil fuel and less susceptible to variable fossil fuel prices,”
Mr Huskilson said.

Sir Jack was pleased by the news and called it “a real step
forward” for the power company. “It is great, we couldn’t be

DESIGNED TO TEST LIMITS

esd eels ee: Pees Po ee ee ne i =

i see Sema ss ie pee ay

more delighted in the Port Authority,” he said.

e SEE PAGE FIVE AND BUSINESS SECTION

RBDF FEARS AFTER POACHING ARRESTS

FROM page one

out for greater security mea-
sures against poachers —
most notably Dominican -—
who were said to “rape” and
“plunder” Bahamian waters
indiscriminately.

Those most affected called
for authorities to form an
international coalition to
crack down on companies
which profit from poaching
in Bahamian waters.

When a boat from the
Dominican Republic was
captured in October with
more than 25,000Ibs of ille-
gal fish, Myron Lockhart-
Bain, former chief counsel-
lor of Ragged Island, said
the only way to alleviate the
problem was to implement
stricter regulations which

affect the boat owners.

Mr Lockhart-Bain sug-
gested cooperation between
Bahamian and Dominican
governments to impose
stricter fines and sentencing
for poachers.

Brent Symonette, the
Minister of Foreign Affairs,
declined to comment on
whether or not there could
possibly be a diplomatic
solution to the poaching
issue.

However, Mr Symonette
said: “Obviously each coun-
try knows where its fishing
waters are. We have very
fruitful waters and we intend
on protecting our fishing
rights. At the end of the
grouper season, we
increased patrol in certain
areas and the recent arrests
are a result of that.”

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DESIGNED TO BE NOTICED


PAGE 14, MONDAY, DECEMBER 6, 2010

THE TRIBUNE



LOCAL NEWS

DETAINEE DESCRIBES ‘TERRIBLE’
EXPERIENCE AT DETENTION CENTRE

FROM page three

who remain inside.
Immigration Minister
Brent Symonette yesterday
promised he would have
some of the man’s claims
investigated — those regard-
ing the toilets — saying that if
true, this would be “totally
unacceptable.” He also said
he was “unaware” of a bed-
ding issue in the Detention
Centre, saying the last time
he visited there was bedding
provided for detainees.
However, he further
charged that “if conditions
are uncomfortable then peo-
ple shouldn’t break the law.”
“Those in The Bahamas
working illegally should reg-
ularise their status or leave
immediately,” said Mr

Symonette.

The detainee said his pre-
vious work permit had
elapsed, and he had applied
to the Department of Immi-
gration for a new one to be
issued.

His claims come over a
year and a half after the gov-
ernment commissioned a
report on conditions at the
Detention Centre following
repeated claims of abuse,
insufficient food and gener-
ally squalid living conditions
at the immigration holding

centre.

The government claimed
the findings of the review,
which involved a tour of the
facility by a number of gov-
ernment and non-govern-
ment individuals, including
psychologist Dr David
Allen, Social Services Direc-
tor Melony Zonicle,
Archdeacon James Pala-
cious, Royal Bahamas
Defence Force Senior Lieu-
tenant Frederick Brown and
Immigration Director Jack
Thompson, were that some

of those allegations could
not be substantiated while
other concerns would be
addressed.

Despite promises from
previous minister of state for
immigration, Branville
McCartney, that a report
commissioned into condi-
tions at the facility would be
released, it never has been.

In an interview with The
Tribune in April, Minister of
Immigration and Deputy
Prime Minister Brent
Symonette said he was
unsure if the report would
be released.

However, Mr Symonette
said at that time that as far as
he knew “there are no out-
standing issues at the Deten-
tion Centre.”

Yesterday, the detainee
told The Tribune that after
having been brought to the
Detention Centre at around
5.30pm, he and a number of
others were not fed anything
until the following morning.

For breakfast, detainees
were given “porridge with
weevils in it.”

“A lot of the people I
spoke to in there said that if
it weren’t for friends or fam-
ily bringing them food, they
would not have enough to
eat in general,” said the man.

A visit to the men’s bath-
room was a horrifying expe-
rience, he claimed.

“The toilets were blocked
and overflowing. There was
(faeces) everywhere. There
were no urinals, just a hole in

the wall where I guess it used
to be, and no toilet paper.
There was water leaking
from a pipe on to the floor.
You wouldn’t want to go
within five feet of those toi-
lets but if you were at that
end of the dorm you could
smell everything.

“There just looked like
there was so much potential
for disease to be spread
throughout the place,” said
the man.

Showers for bathing were
also located in the same area
as the toilets, making the
possibility of washing anoth-
er daunting prospect, he
added.

“IT met a Cuban man who
had been in there for six
months. Others had been in
there for a couple of years.
The Cuban guy said the
cleanest place was in the
wash-house where they had
a hose and so he used that to
shower,” said the man.

According to the detainee,
there were “no tables or
chairs” in the area, meaning
that even sitting down except
on the floor was a difficulty.

Meanwhile, the man heard
secondhand stories about the
alleged experiences of oth-
ers which were more
appalling than his own -
including claims of rape and
a woman who was haemor-
rhaging blood but went with-
out requested medical atten-
tion for “two or three days.”

“People said no-one
except the guards ever come
in to check on people’s
health or see how people are
doing,” said the man.

With around 70 people in
the Detention Centre at the
time he was admitted, there
were only around 50 beds.

“This meant that there



IMMIGRATION MINISTER
Brent Symonette

were a lot of people who
were not able to sit or lie
down, and there was no bed-
ding whatsoever.

“In weather like this, if
you didn’t have much to
wear, you would freeze,”
said the man.

Mr Symonette said the
government has been mak-
ing efforts to keep the num-
ber of people at the Deten-
tion Centre to a minimum
and recently the facility was
“almost empty” after a num-
ber of repatriations.

However, following the
destruction of one of the
dormitory buildings in late
2008 during an alleged arson
attack by a detainee, “only a
finite number of beds” are
available.

“When we do have appre-
hensions we can’t control the
numbers that we appre-
hend,” said Mr Symonette.

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



MONDAY, DECEMBER 6, 2010, PAGE 15

Supermarket

targeted in weekend
armed robberies

FROM page three

pings.

“They fled the area in a red
1997 Mitsubishi Montero
licence plate 118324, which
was stolen from outside the
establishment. A short while
later police recovered the
vehicle on Cordeaux Avenue
and Exuma Street."

One of the crooks was
wearing a white T-shirt and a
black pants, the other a multi-
coloured shirt and blue jeans.

At around 7.15pm, police
attended the scene of the next
reported armed robbery on
Lincoln Boulevard, south of
Wulff Road.

Sgt Skippings said: "A
female was inside her resi-
dence when she was
approached by a dark male
wearing a dark hooded jacket
with a scarf over his face,
allegedly armed with a hand-
gun, demanding cash. The cul-
prit robbed the woman of an
undisclosed amount of cash
and an ipod and fled the area
on foot in an unknown direc-
tion.”

A man arriving home at
3am on Williams Lane, in
Nassau Village, became the
next armed robbery victim

when he was accosted in his
driveway by a masked man
armed with a shotgun.

The robber demanded cash
but was told by the victim he
had none. The victim was
then approached by another
man armed with a handgun
who took his vehicle, a 2001
black Ford Ranger, licence
plate number 18393. The two
men fled the area in the vehi-
cle.

At around 8.20pm that day,
police recovered the truck at
the Texaco Service Station,
on Faith Avenue and took
two men, aged 23 and 40, into
custody in connection with
the incident.

Island Luck web shop on
East Street and Windsor Lane
was hit by an armed robber
at around 5pm on Saturday.
Police report that a dark-
skinned man with a gold
tooth, wearing a black-hood-
ed sweater and short blue
jeans, entered the building
and demanded cash.

He got away with an undis-
closed amount of money and
fled the area.

Meanwhile, it was around
6.20pm when three men
allegedly armed with high-
powered weapons
approached a woman security

guard at Cost Right foodstore
at the Town Centre Mall, led
her into the store and
demanded cash.

"The culprits robbed the
establishment of an undeter-
mined amount of cash and
fled the area on foot west on
to Graham Drive, Yellow
Elder. It is reported that one
of the suspects wore a red
jacket with red tennis shoes, a
black pants and a white T-
shirt,” said Sgt Skippings.

Just under an hour later,
police were called to another
armed robbery at Baillou HII
Road and Graham Drive.

Officers were informed that
a woman, while waiting at a
bus stop on Baillou Hill Road,
was approached by two men
one of whom was armed with
a knife.

The men robbed the
woman of her cell phone and
fled in a red two-door Honda
Accord. Two men, aged 19
and 22, are assisting police
with their investigations.

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Actor Alan Arkin
honoured at BIFF

B

GUCCI

Bahamas end of seson sale

International
Film Festival

FROM page three

young actress as being as professional and brilliant as anyone
he has ever worked with.

Having just finished three films and with an autobiographi-
cal book to be published in March, Mr Arkin has clearly not
slowed the pace of his expansive artistic career.

In a candid interview with fellow New York native Jeffery
Lyons, the host of the TV show Lyons Den, Mr Arkin divulged
some of the highlights and pitfalls of his experiences from the
stage to the silver screen, and then as a director, producer,
writer and musician.

Mr Arkin broke into showbusiness after he wrote Harry
Belafonte’s mega-hit The Banana Boat Song (also known as
Day-O), and went on to pursue his passion, a career in acting,
with the Second City improvisational troupe in Chicago.

From Chicago he went on to Broadway and won a Tony
award for his first stage role as the lead in Carl Reiner’s Enter
Laughing in 1963.

His first film performance as a Soviet sailor in the farcical
1966 comedy The Russians Are Coming! The Russians Are
Coming! won him an Oscar nomination, and in 1968 his lead
role in The Heart is a Lonely Hunter secured Mr Arkin his sec-
ond Oscar nomination.

His career continue to expand as he developed his skills as an
actor, director, producer and a writer, starring in films too
numerous to mention throughout the years into the new mil-
lennium.

After viewing the montage of his work, Mr Arkin said: “It’s
like looking back on a family album for me. I see things I
would like to have done better, but that’s good, it means I
have grown.

“Tt’s been the only thing I know how to do basically, and I
have got to make a living like everybody else in the world;
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PAGE 16, MONDAY, DECEMBER 6, 2010

THE TRIBUNE



INTERNATIONAL NEWS

Iran claims nuclear
advance ahead of talks

ALI AKBAR DAREINI, AP
GEORGE JAHN, AP
TEHRAN, Iran

Iran delivered a resolute
message on the eve of talks
with six world powers: We're
mining our own uranium now,

so there is no stopping our
nuclear ambitions.

The Islamic Republic said
Sunday it has produced its first
batch of locally mined uranium
ore for enrichment, making it
independent of foreign coun-
tries for a process the West








































































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fears is geared toward produc-
ing nuclear arms.

No matter the U.N. sanctions
over the program, "our nuclear
activities will proceed and they
will witness greater achieve-
ments in the future," Iranian
nuclear chief Ali Salehi told
state-run Press TV.

Western officials downplayed
the announcement, saying it
had been expected and that
Iran did not have enough ore to
maintain the large-scale enrich-
ment program that Tehran says
it is building as a source of fuel
for an envisaged network of
nuclear reactors.

"Given that Iran's own sup-
ply of uranium is not enough
for a peaceful nuclear energy
program, this calls into further
question Iran's intentions and
raises additional concerns at a
time when Iran needs to
address the concerns of the
international community,” said
Mike Hammer, spokesman of
the U.S. National Security
Council.

Sunday's announcement
makes clear that Iran does not
consider uranium enrichment
to be up for discussion at the
talks beginning Monday in
Geneva. Tehran is determined
to expand the program instead
of scrapping it as the U.N.



(AP Photo/Vahid Salemi)

PRESS BRIEFING: lran’s top nuclear negotiator Saeed Jalili, right, speaks with media, during a press brief-
ing, in Tehran, Iran, Saturday, Dec. 4, 2010. A picture of Majid Shahriari, a prominent nuclear scientist,
is seen on the bottom of the podium, who was killed in a bomb attack on Monday, Nov. 29.

Security Council demands.

Expectations for the talks
had been low even before the
announcement, with Iran saying
it is prepared to discuss nuclear
issues only in the context of
global disarmament. Officials
from some of the six powers
have said they would be
pleased if negotiations yielded
no more than agreement to
meet at a later date to explore
common themes.

The ultimate aim of the U.S.,
Russia, China, Britain, France
and Germany is to commit
Tehran to give up enrichment
because of its potential use in
making nuclear arms.

The talks in Geneva — the
first in over a year — are meant
to lay the cornerstone for estab-
lishing trust. Tehran says it does
not want atomic arms, but as it
builds on its capacity to poten-
tially make such weapons, nei-

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ther Israel nor the U.S. have
ruled out military action if the
Islamic Republic fails to heed
UN. Security Council demands
to freeze enrichment and other
nuclear programs.

The talks are expected to
take two days. Saeed Jalili,
Iran's top nuclear negotiator,
will meet with EU foreign
affairs chief Catherine Ashton,
with Ashton's office saying she
will act "on behalf" of the U.S.,
Russia, China, Britain, France
and Germany. In fact, senior
officials for those six powers
will attend and do much of the
talking with Tehran.

Ahead of the talks, Western
officials urged Tehran to
address international concerns
about its nuclear activities.

Invoking possible military
confrontation over Iran's
nuclear defiance, British
Defense Secretary Liam Fox
said Saturday that the Geneva
talks need to make a serious
start toward resolving the issue.

"We want a negotiated solu-
tion, not a military one — but
Iran needs to work with us to
achieve that outcome," he said.
"We will not look away or back
down."

U.S. Secretary of State
Hillary Clinton said it was up to
Iran to restore trust about its
nuclear intentions, urging it to
come to Geneva prepared to
"firmly, conclusively reject the
pursuit of nuclear weapons."

German Foreign Minister
Guido Westerwelle said a
nuclear-armed Iran "was unac-
ceptable for us."

Sunday's announcement by
Salehi burdened the pre-talk
atmosphere, adding to tensions
left by the assassination last
week of a prominent Iranian
nuclear scientist and the
wounding of another.

Salehi, head of the Atomic
Energy Organization of Iran
and the country's vice presi-
dent, said Iran had for the first
time delivered domestically
mined raw uranium to a pro-
cessing facility — allowing it to
bypass U.N. sanctions pro-
hibiting import of the material.

Salehi said the uranium ore
concentrate, known as yellow-
cake, was produced at the
Gachin uranium mine in south-
ern Iran and delivered to the
uranium conversion facility in
the central city of Isfahan for
reprocessing.

Yellowcake is processed into
uranium hexafluoride, which
later can be turned into a gas
used as feedstock for enriching
uranium. Uranium enriched to
low grades is used for fuel in
nuclear reactors, but further
enrichment makes it suitable
for atomic bombs.

Salehi said the delivery was
evidence that the mysterious
bombings targeting the two
Tranian nuclear scientists would
not slow the country's progress.

"Today, we witnessed the
shipment of the first domesti-
cally produced yellowcake ...
from Gachin mine to the Isfa-
han nuclear facility,” said Sale-
hi, whose comments were
broadcast live on state televi-
sion.

Spain's airports recovering trom controller strike

HAROLD HECKLE,
Associated Press
MADRID

Spanish airports were back operating at normal levels Sun-
day after a 24-hour wildcat strike by air traffic controllers
caused travel chaos for hundreds of thousands of people on one
of the country's busiest holiday weekends.

The government quashed the strike Saturday, announcing an
emergency measure calling on the controllers to get back to
work or face the threat of jail time. Shortly after the measure
was implemented, controllers started trickling back to their
posts.

More than 4,000 flights were scheduled and out of 296 con-
trollers supposed to be working, 286 were at their posts,
enabling airports to "operate fully,” Spain's civil aviation
authority said.

The government implemented a "state of alarm,” normally
reserved for catastrophes such as earthquakes or floods, to
get planes back in the skies and clear chaotic airports clogged
with irate travelers who had seen their holiday hopes dashed by
the unannounced strike.

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THE TRIBUNE

MONDAY, DECEMBER 6, 2010, PAGE 17



Scientists aim to map and save endangered habitats

2
es

eee :

IAN JAMES,AP
CARACAS, Venezuela

From mangrove swamps in
Venezuela to lowland forests
in Indonesia, entire commu-
nities of plants and animals
are under threat. Now scien-
tists are figuring out how to
catalog and map the world’s
most threatened ecosystems,
just like their familiar lists of
endangered species.

Some experts say drawing
up a global "Red List” of van-
ishing ecosystems would help
them spot looming crises
caused by climate change, cut-
ting of forests and many oth-
er problems. The list also
would sharpen the focus on
areas that should be handled
as conservation priorities.

Along the shore of
Venezuela's Lake Maracaibo,
runoff filled with sediment
and pesticides has been
smothering animals that once
lived among the roots of the
mangrove trees, including
crabs, fish hatchlings and
shellfish, said Luz Esther
Sanchez, a marine biologist
and ecologist. She has been
studying such dead zones and
says saving the mangroves
requires a comprehensive
effort to reduce water pollu-
tion and halt the clearing of
other forests upstream.

"Declaring the mangrove
ecosystem threatened would
be very useful for conserva-



(AP Photo/Dita Alangkara, File)

CUT DOWN: In this Nov. 2, 2007 file photo, logs sit before being
transported as natural forest is seen on the right in Pangkalan Kerin-
ci, Riau province, on Sumatra island, Indonesia.

tion,” Sanchez said. "People
stand up to defend dolphins.
People stand up to defend
turtles. But I've never seen
them defend the mangrove
forest with the same vehe-
mence."

An international working
group of biologists and con-
servation experts has been
developing a system for clas-
sifying threats to ecosystems,
and in October presented an
initial blueprint at a U.N. con-
ference on biodiversity in
Nagoya, Japan.

"If we can get a good, rig-
orous scientific system in
place that is relatively easy to
monitor worldwide, ... you can
follow these changes and
describe them and ring the
alarm bell where things might
go wrong,” said Dutch con-
servation expert Piet Wit.

He chairs the Commission
of Ecosystem Management of

the International Union for
Conservation of Nature, or
IUCN, which maintains the
Red List of thousands of
threatened plants and animals
that is the international stan-
dard.

Some scientists caution that
agreeing on precise categories
to divide up habitats would
be a monumental task. But
many already agree on some
ecosystems that are threat-
ened or endangered, including
many coral reefs, salt marshes,
mountain habitats threatened
by rising global temperatures,
grasslands in southern Russia
and Brazil's Atlantic forest.

Logging poses a serious
threat to the lowland forests
on Indonesia's Borneo Island
that are home to endangered
orangutans. In the Andes,
expanding farmland has frag-
mented the cloud forests
where spectacled bears live.

(AP Photo/Ed Wray, File)
LOGGING THREAT: In this Nov. 5, 2006 file photo, Kessi, a young female orangutan looks at the stump
where her hand was cut off by plantation workers at an orangutan rehabilitation center in Palangkaraya,
Kalimantan, Indonesia. Logging poses a serious threat to the lowland forests on Indonesia’s Borneo Island
that are home to endangered orangutans and scientists are figuring out how to catalog and map the world’s
most threatened ecosystems, just like their familiar list of endangered species.










































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PAGE 18, MONDAY, DECEMBER 6, 2010

THE TRIBUNE



i+ 7"

Winfrey, McCartney in DC
for Kennedy Center Honors

BRETT ZONGKER,
Associated Press
WASHINGTON

When The Beatles were
storming America, Oprah Win-
frey had the band's poster on
her bedroom wall, Merle Hag-
gard was free from prison, Jer-
ry Herman was making Broad-
way sing and Bill T. Jones was
not yet a dancer but growing
up in a migrant labor camp.

On Sunday, these leading
artists who followed divergent
paths since the 1960s joined
Paul McCartney to receive the
Kennedy Center Honors. They
heard accolades from President
Barack Obama.

"Although the honorees on
this stage each possess a stag-

gering amount of talent, the
truth is, they aren't being rec-
ognized tonight simply because
of their careers as great lyricists
or songwriters or dancers or
entertainers,” Obama said.
"Instead, they're being honored
for their unique ability to bring
us closer together and to cap-
ture something larger about

who we are — not just as
Americans, but as human
beings."

Stars also were performing
as part of the nation's top prize
for those who define USS. cul-
ture through the arts. The pres-
ident and first lady Michelle
Obama had arrived and former
Secretary of State Colin Powell
was sitting with them in their
box.

NTERNATIONAL NEWS

HONOREES: Secretary of State Hillary
Clinton, left, talks with Kennedy Cen-
ter honorees for 2010 Jerry Herman,
Merle Haggard, Bill T. Jones, and Paul
McCartney while waiting for Oprah
Whitney to arrive for a group photo
after at a dinner held at the State
Department honoring the recipients
of the Kennedy Center Honors, in
Washington, on Saturday, Dec. 4,

2010.
(AP Photo/Jacquelyn Martin)



Gwen Stefani and her band,
No Doubt, were going to per-
form the Beatles' "Hello,
Goodbye.”

"It's so hard doing someone
else's song, especially a genius,"
Stefani said. Secretary of State



=

Hillary Rodham Clinton hosted
a dinner Saturday for the hon-
orees, along with visiting
celebrities, including Stefani,
Julia Roberts, Claire Danes,
Steven Tyler from Aerosmith.

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The guests also included veter-
an entertainers Carol Chan-
ning, Angela Lansbury and Sid-
ney Poitier.

Clinton marveled at the
diverse "genres and genera-
tions" of artists.

"Tam writing a cable about
it, which I'm sure you'll find
soon on your closest website,"
she joked after a week of deal-
ing with fallout from the Wik-
iLeaks release of confidential
diplomatic dispatches.

She also confessed to “sev-
eral waves of teen girl hyste-
ria" over The Beatles during
her youth. Clinton said McCart-
ney's life had connected peo-
ple around the world.

Channing said she was excit-
ed to perform for Herman.

"He's going to cry, I just
know it," said Channing, who
has been corresponding with
the president to press for fund-
ing for arts teachers.

The former Beatle, making
his second visit to Washington
this year for a culture award,
said the admiration is mutual.
In June, he won the Gershwin
Prize for Popular Song from
the Library of Congress.

"You know, great things just
come in bundles," he said. "I
am a big fan of this president,
and I think he's a great man
whose got some difficulties. ...
I'm very honored to be with
him and his family, and I'm also
a big fan of Hillary's, too."

Since the 1960s, the new
Kennedy Center honorees have
helped define television, dance,
theater and music.

For Winfrey, the prize comes
during the 25th and final season
of her talk show and just before
she launches her new cable net-
work, OWN, on Jan. 1. After
her Washington visit, she will
take about 300 members of her
audience to Australia for a
vacation over the holidays.

"You know what's interest-
ing is she spends her life cele-
brating others, but when it
comes time for her, she's very
reluctant really," Winfrey's best
friend Gayle King told The
Associated Press.

King said it was a fitting trib-
ute for Winfrey as a communi-
cator, actress, producer and
humanitarian.

"They're recognizing her
whole body of work," King





said. "She's not just a talk show
host."

Winfrey was one of the first
to support Obama in his presi-
dential run.

"What can I say about our
final honoree. Michelle and I
love Oprah Winfrey, personal-
ly love this woman," he said.
"And the more you know
Oprah the more spectacular
you realize her character and
her soul are, the more you
appreciate what a wonderful
gifted person she is."

Performers who will honor
Winfrey and the others will be a
surprise until they appear on
stage Sunday night, but Win-
frey has admitted she doesn't
like surprises.

At the State Department, the
ornate Benjamin Franklin room
was a swirl of Hollywood,
Nashville, New York and
Washington power players,
including President Bill Clin-
ton. Roberts said it was both
exciting and nerve wracking.
She said the mix of art and pol-
itics "can converge in a very
interesting way, so when it's
done right, it's really exciting."

After the honors were
announced in September,
Jones, the son of potato pickers,
said he could recall dreaming
of big things as a 9-year-old boy
in upstate New York.

He went on to create the Bill
T. Jones/Arnie Zane Dance
Company in 1982 after college
with his late partner Arnie
Zane. His work has tackled
racism, AIDS and other tough
issues, sometimes sparking out-
rage. Jones said he's often felt
like an outsider, yet he's being
honored for helping to shape
the country. His portrait also is
included in a current Smith-
sonian Institution exhibit, the
first to explore the impact of
sexual orientation on art histo-
ry. The exhibition has recently
drawn complaints from conser-
vatives.

"Someone asked me last
night how I feel and it was Julia
Roberts," Jones said. "I feel as
if it's a dream and I'm speaking
to Julia Roberts."

Opera singer Jessye Norman,
who toasted Jones’ work Sat-
urday, said she admired him for
being brave enough to stand
alone at times in his advocacy
on social and political issues.

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THE TRIBUNE

uSINessS

MONDAY,

DECEMBER 6,

2010

Fund targeting $1m
bottom line swing

li BISX-listed Bahamas Property Fund prioritises getting vacant 18,000 sq ft at
Financial Centre rented, in bid to get CAM costs to bottom line

Mi ‘Optimistic’ some tenant deals will be closed in next few months, after 16% net
income drop, with Financial Centre and One Marina Drive 82% and 95% leased

Wi Looking at add ‘at least another $30-$40m’ worth of real estate to existing $54m
portfolio, as ambition to create $100m-strong business remains

lf Shopping centres and downtown Nassau redevelopment eyed as future
opportunities, although no talks being held with any potential seller



MICHAEL ANDERSON

By NEIL HARTNELL
Tribune Business Editor

The Bahamas Property Fund is hoping to
close leases for some of the vacant 18,000
square feet at its Bahamas Financial Centre
property within the next few months, in a bid
to flow an extra $990,000 per annum into its
bottom line, as it targets adding “at least
another” $30-$40 million worth of real estate
to its portfolio as opportunities arise.

Confirming that the BISX-listed fund had
targeted the creation of a $100 million-strong
real estate portfolio when it was formed in
2000, Michael Anderson, the Bahamas Prop-

BAHAMASAIR DENIES “WHISTLEBLOW'

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

Bahamasair has reached
an out-of-court settlement
with a former employee
days before her legal action
went to trial in the US
courts over allegations she
was dismissed for “whistle-
blowing” on US federal law
violations supposedly com-
mitted by the airline.

Bahamasair general man-
ager, Henry Woods, denied
the ex-employee’s claim that
the airline had “routinely”
violated US federal regula-



READY FOR TAKEOFF: A Bahamasair Dash-8 waits for departure.

tions stemming from 2001

Speaking to the claims of

erty Fund’s administrator, told Tribune Busi-
ness that the real estate investment trust
(REIT) was expected to generate a better
financial performance in 2011, as several
potential tenants it was in discussion with
were expected to sign long-term leases.

He also told Tribune Business that the
Bahamas Property Fund was interested in
diversifying its real estate holdings, moving
beyond the prime office properties it held
currently into high-end shopping centres,
while also eyeing long-term retail rental
opportunities that could ultimately result

SEE page 4B

FIRING

anti-terrorism legislation,
and refused to comment on
allegations that she was fired
for exposing alleged wrong-
doing on Bahamasair’s part
to the US authorities.

New Robin Hood
store ‘80% ready’

* Owner targeting soft opening this week, and
Prince Charles location will be ‘95% complete’

by Friday

* Hoping Christmas season will be ‘at least as

good as last year’

By NEIL HARTNELL
Tribune Business Editor

Robin Hood’s new Prince
Charles store is “probably 80
per cent” complete and on
target for a soft opening at
the end of this week, its pres-
ident and owner told Tribune
Business, adding that the
company was “expecting to
do at least as well as last year”
with Christmas sales at its
Tonique Williams-Darling
Highway location.

“T would say we are proba-
bly 80 per cent of the way
there, and hopefully by the
time next week rolls around, a
week from now, we will be 95

per cent of the way there. We
will be there,” Sandy Schaefer
told Tribune Business of the
Prince Charles store, which
will be located in the former
Pepsi-Cola manufacturing
plant.

“We’re trying for some sort
of soft opening at the end of
[this] week. We will be open
this month, but are not really
planning a groundbreaking
opening until mid-January.”

Mr Schaefer told Tribune
Business that there were “well
over” 100 construction work-
ers at the Prince Charles site,

SEE page 8B

PM hacks building inspection outsource

By ALISON LOWE
Business Reporter
Alowe@tribunemedia.net

Prime Minister Hubert Ingraham and the Bahamas Society of
Engineers president have thrown their support behind private
engineers being able to carry out building inspections in place of,
or in addition to, government inspectors, the latter arguing that such
a move would have a “really phenomenal” impact on expediting
development.

Speaking to engineers at the Bahamas Society of Engineers
(BSE) Engineering, Design and Construction Conference, Prime
Minister Hubert Ingraham said he was in favour of private sector
engineers being able to undertake building inspections and certi-
fication that “it now takes the Government of the Bahamas weeks,

SEE page 9B

US federal regulation viola-
tions by the national flag
carrier, Mr Woods said:

SEE page 8B

The information contained is from a third

| party and The Tribune can not be held
responsible for errors and/or omission
from the daily report

ae Een

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OPERATED BY LITTLE SWITZERLAND
BAY STREET - PHONE (242) 326-8939

WWW. BREITLING.COM



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BREITLING

Water Corp:
Tereresteyem sit!
taken water
loss to 60%

* Government-owned Corporation targeting increased private
sector help to reduce non-revenue water to 23% by 2020

* Partners with Bahamas Renewable Energy Corporation for
solar/wind power solution to Eleuthera water plant, seeking
costs 25% below BEC

* Looks at outsourcing engineering department, and cutting

water loss losses of $13-$16 million in Nassau and $6-7m in
Family Islands

* Failure to act on water losses will force Corporation to
increase supply from 10.6 million gallons of water to

14.1 million in 2014, and 17.1m gallons in 2020

By ALISON LOWE
Business Reporter
Alowe@Tribunemedia.net

The Water and Sewerage Corporation is targeting an
increased level of private sector involvement in its opera-
tions, and is examining retrofitting its facilities with renew-
able energy, as it targets reducing non-revenue water from
a potential 60 per cent of its supply to 23 per cent by 2020.

Glen Laville, Water and Sewerage’s new general manag-
er, said additional outsourcing of its functions to private
companies will involve both the further construction and
operation of reverse osmosis plants, plus sewerage treatment

SEE page 6B

BIC’S SI5M NET CASH SET TO
COVER RESTRUCTURE COSTS

By NEIL HARTNELL
Tribune Business Editdor



Senior Cable & Wireless executives have confirmed that
the $15 million in net cash that they will inherit on the
Bahamas Telecommunications Company’s (BTC) balance
sheet will be used to at least partly cover the costs of the
downsizing/restructuring that will see the company’s work-
force reduced by 30 per cent.

Tony Rice, Cable & Wireless Communications (CWC)
chief executive, and Tim Pennington, its chief financial offi-
cer, disclosed this in a London conference call with analysts

SEE page 7B

BREITLING

IH STRUMENTS FOR PROFESSIONALSâ„¢


PAGE 2B, MONDAY, DECEMBER 6, 2010

THE TRIBUNE





By ROYALFIDELITY
CAPITAL MARKETS

It was another slow week of trad-
ing in the Bahamian stock market.
Investors traded in five out of the
24 listed securities, with all stocks
remaining unchanged.

EQUITY MARKET

A total of 57,300 shares changed
hands, representing an increase of
1,394 shares compared to the previ-
ous week's trading volume of 55,906
shares.

Commonwealth Bank (CBL) was
the volume leader last week, trading
a volume of 55,000 shares to nsee
nits stock price close unchanged at

$6.85. FOCOL Holdings (FCL) trad-
ed a volume of 1,000 shares to see its
share price close unchanged at $5.46.

BOND MARKET

Fidelity Bank Bahamas Series B
Notes (FBBSD) traded a volume of
$30,000 at par value.

COMPANY NEWS

Earnings Releases:

Colina Holdings Bahamas (CHL)
released unaudited financial state-
ments for the quarter ended Sep-
tember 30, 2010, reporting net
income available to common share-
holders of $2.6 million compared to
$5.3 million in the same quarter in
2009.

It was noted that both net premi-
um revenues and net policyholder
benefits were up quarter-over-quar-
ter.

Net premium revenues stood at
$28.2 million, increasing by $1.48
million, while net benefits paid
totalled $19.6 million, up by $4.1 mil-
lion.

CHL reported net investment
income of $8.2 million, an increase of
$2.4 million in comparison to the
prior quarter, while its expenses
reflected reduced changes in provi-
sion for future policy benefits of $3.5
million.

These climbed by $1.3 million.

CHL reported earnings per share
of $0.07 compared to $0.19 in the

comparative quarter, a decrease of
$0.12.

At September 30, 2010, CHL
reported total assets and liabilities of
$520 million and $406 million,
respectively, an increase of $21 mil-
lion and $11 million from year-end
December 31, 2009.

Focol Holdings (FCL) released its
audited financial results for the year
ended July 31, 2010. Net income
available to common shareholders
was $18.5 million, an increase of $3.4
million or 18 per cent compared to
$15.1 million last year.

Revenues stood at $267 million,
down $6 million or 2 per cent, while
cost of sales reflected a larger decline

of $11.9 million or 8 per cent to total
$216.4 million.

Gross profit totalled $50.5 million,
increasing by $5.9 million or 12 per
cent during the period.

It was noted that FCL's operat-
ing expenses for the period were
$28.4 million, up $2.2 million or 8
per cent in comparison to the prior
year.

Earnings per share for the year
were $0.47, up $0.10 when compared
to $0.37 in the comparative period
last year.

Total assets and liabilities at July
31, 2010, stood at $136.8 million and
$23.7 million respectively, compared
to $126.6 million and $33.9 million at
July 31, 2009.

Week ending 03.12.10

o = BISX YTD PRICE
Vie e 2 1 10 a ] a SYMBOL CLOSING PRICE WKLY PRICE VOLUME CHANGE
AML $ 1.01 $- 0 -13.68%
. BBL $ 0.18 $- 0 -71.43%
BOB $ 4.90 $- 0 -16.95%
BPF $ 10.63 $- 0 -1.02%
BSL $ 5.01 $- 0 -50.20%
BWL $ 2.70 $- 0 -14.29%
CAB $ 10.46 $- 0 4.81%
CBL $ 6.85 $- 55,000 -2.14%
CHL $ 2.40 $- 900 -11.76%
CIB $ 9.74 $- 0 -2.50%
CWCB $ 1.81 $- 0 -35.79%
DHS $ 1.60 $- 0 -37.25%
FAM $ 6.07 $- 0 -6.47%
FBB $ 217 $- 0 -8.44%
FCL $ 5.46 $- 1,000 14.47%
FCLB $ 1.00 $- 0 0.00%
FIN $ 7.23 $- 0 -22.09%
ICD $ 5.59 $- 400 0.00%
JSJ $ 9.82 $- 0 -0.30%
PRE $ 10.00 $- 0 0.00%
BISX SYMBOL DESCRIPTION VOLUME PAR VALUE
sed FBB13 FBB Series 0 $1,000
= C Notes Due 2013
or oe FBB15 FBB Series 30 $1,000
D Notes Due 2015
i ao a . et | .
FBB17 FBB Series 0 $1,000
A Notes Due 2017
Ful Use ) Atlantis FBB22 FBB Series 0 $1,000
Including all pool and beach activities! B Notes Due 2022
eee ee) ee
eta ihe) ieee aed
» Kids under 12 also Eat Free”
* Air conditioned Jr. Suites w/ king size or two double beds
Sate eae age PORE Hales
9 Currency Weekly % Change
* All new Flat Screen TVs with cable emeLe a Lie
SRT Un Ee CAD 0.9974 1.71
“4 GBP 1.5783 1.19
EUR 1.3421 1.33
BT ea eee te | ee eT -
Commodities Weekly % Change
“ Commodity
ae Crude Oil 91.62 7.06
sy gold Ease aioe The Tribune wants to
petit! hear from people who
SUITES International Stock Market Indexes are making news in their
Index Weekly % Change neighbourhoods. Perhaps
you are raising funds for
DJIA 11,382.09 2.62 a good cause,
S&P 500 1,224.71 2.97 ionine fi
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TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM
THE TRIBUNE

MONDAY, DECEMBER 6, 2010, PAGE 3B



PM pledges reform

to ‘lowest bidder’

Says ‘too much wastage of public resources’ in public works and contract
tendering, and government must stop tendency to go with lowest offer

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

Complaining that “too
much wastage of public
resources” take places as a
consequence of how the Gov-
ernment contracts out public
works, Prime Minister Hubert
Ingraham pledged that
reforms must be introduced
to the process.

The Prime Minister said it
was “very difficult” for the
Government to ensure pro-
jects do not end up costing it
more than it had anticipated.

Speaking at the Bahamas
Society of Engineers Engi-
neering, Design and Con-
struction conference on Fri-
day, Mr Ingraham said: “We
have got to discontinue the
practice of saying we will
automatically award a job to
the lowest tender, and we
have also got to put some con-
ditions down on what quali-
fies you to tender on this job.



“We've
got to stop
wasting
public
resources
because
there’s a
lot of
wastage
that goes
on in the
contract-
ing by the
Government of the Bahamas.
A lot of wastage. It’s very dif-
ficult for the Government to
say this job is going to cost
$100 and for it not to end up
costing $150, and we’ve got
to find a way by which we can
do something about that.”

In an interview with Tri-
bune Business after the con-
ference, Minister of Works,
Neko Grant, said it has been
“an assumption” rather than
something in law which has
typically guided the Govern-
ment towards selecting the
lowest-cost contractor when

HUBERT
INGRAHAM

awarding public contracts that
have been put out to tender.
However, echoing Mr
Ingraham, he stated that gov-
ernment must be “sensible”
in this regard, as this can
“sometimes get ourselves and
the contractor in trouble”.
Asked about the Prime
Minister’s comments, Mr
Grant said: “It’s not always
awarded to the lowest bidder.
There’s a benchmark and we
allow a 15 per cent plus or
minus, and so we look at the
bid. If it’s too low we simply
cannot award it because we
would’ve calculated in house
what it should cost. In award-
ing it to the lowest bidder we
can sometimes get ourselves
and the contractor in trouble.
“Tf it’s thought he’s unable
to do the job for the money
bidded, then we’ve got to be
sensible, look at what we’ve
estimated the contract to cost
and then award the contract
accordingly. If it’s out of the
plus or minus 15 per cent

8m project on target





LUXURIOUS: Main floor.

The Bahamian develop-
ment company behind the
$8 million Dunmore Court
community of 28 luxury
homes in southwestern New
Providence has said the pro-
ject is on target, with Phase I
slated for an early 2011
opening eight months after
ground was broken.

"We are very pleased with
the progress of the develop-
ment,” said Vhaul Thomp-
son, its owner.

"We have worked hard to
stick to schedule and to bud-
get, while maintaining our
quality of construction every
step of the way.

“We are so proud of this.
In fact, we hope Dunmore
Court will be used as a mod-
el of what an all-Bahamian
owned, designed and built
project can be.

“We want to be the stan-
dard bearers for high-end
Bahamian-built residential
communities and inspire
others."

for early 2011 opening

When news of the Dun-
more Court project first
unfolded, it was considered
an indicator of confidence
in a recovering economy.

"There has been tremen-
dous interest in Dunmore
Court, which is a good eco-
nomic indicator," said real-
tor Sidney Bethell, Mario
Carey Realty.

Interest

"A number of factors con-
tribute to the interest.

“The townhomes them-
selves are extremely attrac-
tive.

“Each home is three
storeys, with an interesting
lay-out and generous 2,200
square feet.

“Right pricing is always a
predictor of success and at
$499,000, Dunmore Court is
priced right," said Mr
Bethell.

"Location is a major fac-
tor. Dunmore Court is min-

&

| 4 a - = =
= 7 4
he ll a aie!
A r ; aoe F '
| |
i 1 rl
‘ a =
” ry
7. 5 == = .
lesa
| et leon 1
Metro
ah ‘i
Pon Phi af
’
ii

utes from the new Albany
resort and residential com-
munity, and not far from
Lyford Cay. With investors
including Joe Lewis, Tiger
Woods and Ernie Els,
Albany promises to put
southwestern New Provi-
dence on the map in a way
that it never has been
before."

Phase I of Dunmore
Court consists of the first of
seven buildings, each with
four residences.

Colon
Comf

range then the flags go up.”

Acting chief mechanical
and electrical engineer in the
Ministry of Works, Bradley
King, noted that at present
the only requirements that
exist for a contractor wishing
to bid on a government pro-
ject are that they must be up
to date and in complhance
with their National Insurance
Board contributions, they
must have a business license
and show the ability to take
out public liability insurance.

This may make it harder for
the Government to determine
whether or not the contrac-
tor will be genuinely able to
do what he has suggested he
can do for the price he has
put forward.

“The lowest bidder might
not be the best bidder. You
can have a lot of problems,
expenses, delays...so it ends
up costing more in the long
run,” said Mr King of some
of the problems that can be
encountered.

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TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM
PAGE 4B, MONDAY, DECEMBER 6, 2010

THE TRIBUNE



FROM page 1B

from downtown Nassau’s
revitalisation.

Describing the Bahamas
Property Fund’s perfor-
mance for the first nine
months of 2010 as “not great
and not bad”, Mr Anderson,
who is also RoyalFidelity
Merchant Bank & Trust’s
president, said the fund con-
tinued to be affected by hav-
ing to carry Common Area
Maintenance (CAM) costs
for the 18,000 vacant square
feet at the Bahamas Finan-
cial Centre.

This had resulted in the
Bahamas Property Fund’s
other expenses increasing to
$768,983 for the nine
months to September 30,
2010, an increase of 28.4 per
cent compared to the
$598,840 incurred the year
before.

The other drag on the
company’s performance is
the ‘cash flow neutral’
nature of its Providence
House acquisition, the deal
having been financed by a
six-year, $3.5 million pref-
erence share that has
increased the Bahamas
Property Fund’s dividends
year-over-year by more than
$204,000 - from $58,333 to
$262,500.

Pointing out that CAM
carrying costs at the
Bahamas Financial Centre
had also risen as a result of
higher electricity prices, Mr
Anderson said: “We haven’t
managed to rent any of the
space in the last quarter, so
it’s still more of the same.

Fund targeting $1m
bottom line swing

“The CAM costs we have
are slightly higher. Electric-
ity, as an example, is a lot
higher today than it was a
few months back, so there’s
been an increase in CAM
costs.”

The RoyalFidelity chief
said vacant space at the
Bahamas Financial Centre
had increased slightly by “a
few thousand square feet”
between year-end 2009 and
now, with “one or two of the
smaller clients having left”.

“The trick is to get the
space at the Financial Cen-
tre rented, and what we’ve
seen over the last few
months is an interest in that
space. There are a few peo-
ple we hope to finalise
things with in a month or
so,” he added.

“We’re optimistic about
getting that space rented in
the next few months. The
whole aim for the Property
Fund in the next year, or as
soon as we can, is to get that

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“Ten years ago we looked at having a
$100 million property portfolio, and
currently we have around $53-$54 mil-
lion, so we’re looking at adding at least
another $30-$40 million. I think a $100
million portfolio would be a good port-

folio to have.”



rented and turn it into the
bottom line.

“When you take 18,000
square feet at the Financial
Centre, it’s where we’ve
really got to be focused. It’s
such a big piece of space.
The Financial Centre is
100,000 square feet, so
18,000 square feet may not
sound too much, and it’s still
82 per cent rented.”

Detailing the impact the
vacant space was having on
the Bahamas Property
Fund’s profitability, Mr
Anderson said the increased
Financial Centre CAM costs
came straight off its bottom
line. With CAM costs, inclu-
sive of square footage, about

Michael Anderson

$55 per square foot per
annum, Mr Anderson said
that multiplying this by the
18,000 square feet vacant
gave a figure of $990,000 -
what the BISX-listed fund
was currently incurring in
increased costs and lost prof-
it.

The RoyalFidelity presi-
dent added that the
Bahamas Financial Centre
tenant search was likely to
be aided by “a general sense
that the economic environ-
ment is picking up”, which
might encourage companies
that had deferred relocation
plans to move them back to
a priority agenda.

Of the fund’s other two

island West

Real Estate Company, Limited
(In Voluntary Liquidation)

All persons having claims against the above-
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F-42578, Freeport, Grand Bahama Island, The
Bahamas, the Liquidator of the Company or, in
default thereof, they may be excluded from the
benefit or any distribution made before debts are

proved.

Dated the 6th day of December A.D.,2010
Thomas Trevor Dean
Liquidator

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Nassau, The Bahamas

properties, One Marina Dri-
ve on Paradise Island was
95 per cent rented, Mr
Anderson said, another
smaller tenant having
departed, while the
Bahamas Property Fund’s
shareholders should start to
see some benefits from the
Providence House purchase
coming through from year-
end 2011 onwards.

This was because the lease
on that property, which is
occupied by the Pricewater-
houseCoopers (PwC)
accounting firm, expires at
year-end 2011 and is due to
be renegotiated - with an
improved monthly rental
payment likely - starting in
mid-June.

Mr Anderson conceded,
though, that it would be
“four-and-a-half years
before we see the real bene-
fits of that purchase”, as that
represents the period for
which the $3.5 million pref-
erence share issue has to
run, although there would
be “some improvement next
year as the lease gets
renewed”.

The Bahamas Property
Fund’s rental revenues are
running 1.5 per cent ahead
of 2009 comparatives for the
first nine months of 2010,
standing at $3.068 million
compared to $3.023 million
the year before, with total
revenues up by a similar
margin. This will have been
aided by the 2-3 per cent per
annum rental increases built
into the contracts of most
Bahamas Property Fund
tenants.

Although interest charges
came down as the Bahamas
Property Fund continued to
pay down on its debt, the
CAM costs and preference
share dividends pushed
operating expenses up by
just over 25 per cent, from
$1.324 million the year
before to $1.66 million.

As a result, funds from
operations dropped by 16.2
per cent to $1.447 million,
compared to $1.726 million
for the nine months to Sep-
tember 30, 2009. As a result,
net income dropped by 16
per cent, from $1.6 million
to $1.345 million.

But despite the latest
financials, Mr Anderson said
the Bahamas Property Fund
had “great potential” to
make acquisitions as the
commercial market recov-
ered. This was due to the
fact that debt accounted for
just 25 per cent of its capital
structure, the rest being
equity, giving it a one:three
debt/equity ratio.

“There’s nothing really
out in the market,” Mr
Anderson conceded.
“We've been told about a
couple of properties that
may come to market, but

we're not currently in nego-
tiations with anyone.”

He added, though, that
“downtown may represent
some opportunities for the
Property Fund” to diversify
into ownership of properties
where there were long-term
retail tenants, exploiting the
interest of investors such as
the Dart Group and the
revitalisation project to
make the switch from being
purely a commercial office
space owner.

Believing that with the
assistance of Baha Mar, the
Bahamas is “going to come
out of recession a little ear-
lier than other countries”,
Mr Anderson said that while
a move into shopping cen-
tres was also being eyed, the
Bahamas Property Fund
would continue to focus on
long-term tenants, rather
than residential properties
where leases tended to be
shorter term.

“We are patient property
owners, and believe long-
term that we will build a
decent portfolio of proper-
ties,” Mr Anderson said.
Referring to the recent
failed effort to purchase the
UBS (Bahamas) properties
on East Bay Street, he
added that the Bahamas
Property Fund will “just
back away from properties
where we _ feel the
risk/reward is not adequate”.

“Ten years ago we looked
at having a $100 million
property portfolio, and cur-
rently we have around $53-
$54 million, so we’re looking
at adding at least another
$30-$40 million. I think a
$100 million portfolio would
be a good portfolio to have,”
Mr Anderson said.

The key to successful
property development, he
explained, was to ensure any
debt financing was paid
down quickly, thus keeping
interest payments to service
that debt below rental
income.

“T think we will see an
improved performance,” Mr
Anderson said of the
Bahamas Property Fund’s
2011 prospects. “The econ-
omy is going to be
improved, and we have ten-
ants we are discussing
opportunities with. Some of
those we believe will come
through, so next year will be
a better year for us.”

He added that the
Bahamas Property Fund
had placed Caribbean real
estate purchases “on the
back burner” for the
moment, having looked at
the possibility a year ago, in
favour of focusing on the
Bahamas. But should such
opportunities arise in the
longer-term, Mr Anderson
said they would be assessed.

EMPLOYMENT
OPPORTUNITY

Shift Operators Needed for well
established security firm

Requirements:

« Must be a High School Graduate
« Must have excellent oral & written

communications skills

¢ Must have excellent problem solving skills
- Must be computer literate

- Must be able to type at least 55 wpm

- Must pay attention to detail

- Must be customer service driven

- Must be result-oriented and articulate

- Must have excellent interpersonal skills

* Must have good working knowledge of

Microsoft Word, Excel

¢ Professionalism required
- Ability to work independently with limited

supervision

- Must be able to work flexible hours,
including late nights, weekends and

holidays

To apply, please email resume to:

humanresources.hr



mail.com

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

MONDAY, DECEMBER 6, 2010, PAGE 5B





Sir Jack hits out on Babak work permit

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - Sir Jack
Hayward, one of the princi-
pal owners of the Grand
Bahama Port Authority
(GBPA), said the Govern-
ment’s decision not to renew
the work permit of former
chairman Hannes Babak has
left the organisation “leader-
less”.

Sir Jack also noted that
some of the big projects that
Mr Babak was working to
bring to Freeport are now
“gathering dust”. He said the
Port Authority was doing its
best to improve the economy
of Freeport.

“We are working on
things,” he told reporters on
Friday at a press conference
announcing the Port’s plans
to start construction of a new
$4 million bridge at the Grand
Bahama Highway.

“We are a bit leaderless
without Hannes Babak, who
has been denied a work per-
mit, of course, without any
explanation.”

Sir Jack said Mr Babak had
been working on bringing sev-
eral major projects for
Freeport, including an LNG
plant, a second rock dredging
company, a refinery, and a
new cement plant.

“The projects are gathering
dust. He flew to Texas sever-
al times for an LNG plant to
provide cheap electricity to
Grand Bahama, Abaco, and
also for export to Florida.
That was one project that was
looking very promising,” Sir
Jack said.

“But the Government
denied his work permit, no
explanation to me or to us
(the Port); just did it arbitrar-

ily. I think one man, I don’t
think the Government, but...
we are missing, obviously, his
input and we need that; we
need someone.”

Mr Babak, a native of Aus-
tria, was appointed GBPA
chairman on June 1, 2006. His
work permit expired in
December 2009, and was not
renewed by the Government.

According to an article
published in January in Tri-
bune Business, Prime Minis-
ter Hubert Ingraham himself
confirmed that he had per-
sonally informed Mr Babak
during a meeting at which Sir
Albert Miller was present that
the Government would not
renew his work permit, as it
did not believe he was the
right person to chair the
GBPA.

When asked whether there

Ae,
: Shopping Cante,

&
.

would be a replacement for
Mr Babak, Sir Jack said there
are no plans at the moment
to replace him.

He said the Port Authority
currently holds only one work
permit. He said the compa-
ny’s application for a second
work permit for the position
of special projects was also
denied.

“We have one work permit
in our organisation (Graham
Torode, president of DEV-
CO), we have over 250
Bahamian employees and...I
think that’s a hell of a good
record,” added Sir Jack.

“When we applied for
another work permit for Chris
Johnston it was denied. We
wanted him for special pro-
jects... to supervise the bridge
(construction). He is an engi-
neer of 22 years with Hutchi-

CABLE BEACH

aly

q
* Monday - Saturday 9:00a.m, to 6:00p.m,

EVERYTHING MUSTGO!

We've moved intoa new
space, nextto Super Value

Ph. (242) 327-5338 Fax. (242) 327-5336

= = Automotive Business

Opportunity

f

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efrermerket logistice solutions

Logicar Inc. supplies automotve products to more than 22 countries in the
Caribbean and Latin America. The company is seeking a partner to sell their
European quality Automotive Paints, Auto Body Supplies and Alloy VWWheels

Interested partias must have the financial resources and experience in

distributing to the Auto Body and Automotive Industry.

For more information contact:

Alberto Martinez at 1 (305) 685-8044
or email albertomartinez@autometiveart.com

Let’s go a caroling in

the East!

The Annual Christmas Carol and Tree

Hosted By

Lighting Ceremony

The Eastern Community Association

In conjunction with

The Ministry of Youth, Sports and Culture

Featuring: the Royal Bahamas Police Force Band,
The Eastern Community Pacesetters Youth Band,
Choirs, Soloists and Dance Groups.

Friday, December 10, 2010

7:00 pm
Library Grounds

Elizabeth Estates & Prince Charles Drive

Don’t miss the official start of the
Yuletide Season in the East!

son Whampoa, and he
worked seven days and had
to leave.”

Sir Jack stressed that there
is an urgent need for an alter-
nate bridge, as the Casuarina
Bridge is now old and the
only causeway connecting
Freeport and East Grand
Bahama.

When asked his opinion on

the state of the Grand
Bahama economy, Sir Jack
said he hopes it is improving.

He noted that one of the
hindrances has been the high
cost of power and frequent
outages that have affected
major businesses on the
island.

“We are doing our very
best. I don’t know that the

Government is doing their
best,” he commented.

“T like the building (the
new government complex
under construction), I think
it is terrific. We gave them the
site free of charge, but what
they are doing to stimulate
the economy, I don’t know.
We are doing our very best.”












































FOR SALE

by owner

Twin Catdiesel 800 hrs
Fully loaded,GPS,Depthfinder,Chartplotter,
autopitot,2xVHF radio ete
Cruise speed 25 mph fuel burn.?7mpg
Vessel must be seen to be appreciated berthed at
Port New Providence

$125,000 ONO

Callfor appointment for viewing
359-1079

Bahamas Pulilig Services) Uno

COMPARATIVE SALALRIES
F M
V5.
ROYAL BAHAMAS POLICE FORCE [RBPF}

As a result of a number of Customs and Immigration Officers statements of not being
paid on par with the Royal Bahamas Police Force (RBPF) Department which they said
would be acceptable, in order to accept a shift system. In addition to receiving a shift
allowance of $125 per month, shift premiums of .40 to .60 cents per hour and health
insurance which costs a minimum of 5400.00 per officer,

We now wish to show the beginning of Salary Scales as was compared to rank and

based on level of responsibility. Because of the amount of Police Officers, we agreed

to fewer steps in the salary scabes for Customs and Immigration ranks. See Below:
COMPARATIVE SALALRIES

DEPARTMENTS OF CUSTOMS/IMMIGRATIONS vs. ROYAL BAHAMAS POLICE FORCE (RBPF)

Rank
Customa/lmmigration
Officers

Rank
Old Salary | AoyalBahamas Police | Current Salary
Force

Current Salary
(Now.0)

Trainee Contam Revenue Off, =| S18,000 516,050 Recruit $18,000

Trainee iremipration Officer
$17,650 $21,350
lncrement S600

Police Gometable

$21,250
_lnerement Sen) |

Customs Revenue Officer ll
Immigration Officer Il
$09,050 $28,250
ncrement S600

528.450
Increment S600

Customs Revenue Officer |
Immigration Officer |

Police Corporal

$23,100 $31,950

inorement S600

$33,650
Increment $600

Senior Customs/ Revenue Officer Police Sergeant

Seniar Immigration Officer

$38,400
increment $700

Police Grief
Inegector

Chief Custos Revenue Officer
Chief Immigration Officer

539,150
_Increment 5700 |

$31,550

504,050

Increment $700

$36,050 $42,350

increment S600

Customs Revenue
Superintendent

Police Deputy
Superintendent

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM
PAGE 6B, MONDAY, DECEMBER 6, 2010

THE TRIBUNE



ae a a D
Water Corp: Inaction will

taken water loss to 60%

FOR SALE

All that piece parcel or lot of and
Known as upper East Channel Cay
and being approximately — eighty
nine (89) acres and situate in the
vicinity of Gray’s Settlement,
Long Island, Bahamas

Phone: 393-6787 / 324-2615
Fax: 324 - 2615



=a
ee

4 INSURANCE SERVICES REPRESENTATIVE
(PATIENT FINANCE)

QUALIFICATIONS

Associate degree in Business or related studies

3-5 years experience in claim management/verification preferred

Excellent communication and interpersonal skills

Excellent computer skills (Spreadsheets/database management)

Knowledge of CPT-4 coding, ICD-9 and HCPCS preferred

Ability to consistently manage multiple priorities and adapt easily in a rapidly
changing environment

¢ Strong organizational, problem solving and decision-making skills

¢ Good oral and written communication skills

POSITION SUMMARY
The successful candidate will:

¢ Be responsible for managing and monitoring a portfolio of insurance claims
from various insurance companies and other third party payers;

¢ Develop favorable working partnerships and relationships with insurance
company and other payer’s representatives to facilitate reimbursement for the
facility;
Monitor admissions to the facility
Follow-up on delinquent accounts as needed
Communicate with internal and external customers on a regular basis;
Interact daily with various insurance companies and other third party payers;
Provide management with monthly status reports of outstanding receivable
balance;
Continuously participate in performance improvements to enhance service to
our customers throughout the facility.

Salary commensurate with experience

Excellent benefits

Please submit letters to: Human Resources Department
Doctors Hospital | RO. Box N-3018 | Nassau, Bahamas

DHE

EXPRESY

CAREER OPPORTUNITY
Courier

Wea DAL Eapress Batamas. a leading workivade imreporation company are sccking
to eqpand agoressrecly in the raarketplace and have an mmedinie need fora Counet [or
ver Naszay office, This pean will be full tine and will report to the Operations

FROM page 1B

facilities, with the Corpora-
tion paying these companies
for their services - whether it
be measured gallons of water
produced or gallons of sew-
erage treated.

Meanwhile, the Corpora-
tion is further considering fol-
lowing in other utility compa-
nies’ footsteps and divesting
itself of its engineering
department, only to buy back
their services on a contractu-
al basis. Mr Laville updated
engineers of these develop-
ments at the Bahamas Soci-
ety of Engineers’ first engi-
neering and design confer-
ence on Friday at the Shera-
ton Nassau Beach Resort. He
said such developments with-
in the Water and Sewerage
Corporation could enhance
work opportunities for pri-
vate engineers.

“The idea is that typically
the private sector does things
more efficiently, and until we
reach a point where we can
do things more efficiently it’s
better to have the private sec-
tor do those things that they
are experts in. They can do
things less expensively and
the only thing we need is the
water. If you can do it effi-
ciently, and meet certain
expectations then we can
work with you,” said Mr Lay-
ille. Speaking of the potential
for the further involvement
of renewable energy in the
Corporation’s operations, Mr
Laville said that whether or
not retrofitting of its plants
with sustainable power
sources will go ahead depends
in large part on the success of
a new partnership with the
Bahamas Renewable Energy
Corporation, which is
installing a solar and wind
power facility on to a new
15,000-gallons-a-day desali-
nation plant being constructed
to service Tarpum Bay and
Rock Sound, Eleuthera.

The plant, which is being
developed by - and is to be
owned and operated by -
General Electric, is set to
come on stream in around
five months’ time.

“We hope that this will be a
model for the future. If this
is successful we can move to
some other plants and start
retrofitting them to use
renewable energy. We have
a 25-year contract with (RE
Corporation Bahamas), and
they are guaranteeing giving
us a rate for power that is 25
per cent below what the BEC
rate is,” said Mr Laville.

Mr Laville said the
increased need to obtain
water through desalination
rather than shrinking ground-
water resources has driven the
increased private sector
involvement in the Corpora-
tion’s operations. Storm

surges from hurricanes, which
introduced increased levels of
salt into the groundwater, as
well as encroachment into
aquifers by developments
throughout the Bahamas, are
a major threat to already lim-
ited groundwater supplies.

The Water and Sewerage
Corporation is at present
applying to the Government
to have an area of land with
significant water reserves pre-
served in Spring City, Abaco,
as it is threatened by devel-
opment in the area - including
from a nearby government
subdivision.

The Corporation already
gets 70 per cent of the water it
supplies in New Providence
from reverse osmosis plants,
with the other 30 per cent
coming from limited well
fields in New Providence and
being barged from well fields
in Andros. It expects the
amount coming from reverse
osmosis to rise to 90 per cent
in New Providence in the next
several years.

Desalinated water is pro-
duced from around 20 plants
throughout the Bahamas, and
three main suppliers.

“Everyone seems to think
we have quite a robust ground
supply throughout country
but that’s not the case. There
are only three islands with a
very satisfactory supply -
Abaco, Grand Bahama and
Andros,” said Mr Laville.

The Corporation is also
considering entering into a
“build, own, operate” contract
with a private firm to handle
some of its sewerage opera-
tions.

“The idea is that the pri-
vate sector puts up all financ-
ing and operates and owns the
plant and we pay them on a
per thousand gallon basis,”
said Mr Laville.

And it is aiming to pin
down a contractor soon to
begin addressing the critical
and worsening problem of
non-revenue water for the
Corporation - water lost
through leakage, theft or oth-
er means.

This currently amounts to
around 52 per cent of all
water the Water and Sewer-
age Corporation puts into the
system in New Providence,
and 50 per cent in the Family
Islands, costing the Corpora-
tion between $13-$16 million
here in Nassau and $6-7 mil-
lion in the other islands annu-
ally. Through an $80 million
contract it is intended that
steps will be taken to reduce
the amount of water lost per
day from 5.5 million gallons to
2.5 million in New Provi-
dence, with this being
achieved over five years and
maintained for a further five
under the terms of the con-
tract.

“In 2005, we did a test per-
formance-based contract. A

NOTICE

contractor came in and guar-
anteed a reduction of $1 mil-
lion gallons a day of non-rev-
enue water. If they did not do
that, they had to provide us
with one million gallons of
free reverse osmosis water.
We are now looking to put
that project on larger scale,”
said Mr Laville.

“This will be done over five
years, and then in the final
five years they will have to
maintain those savings.

“That will cost in the region
of $70-80 million, but we will
have saved that same amount
by not having to buy that
water to sell to our cus-
tomers.”

If such steps are not taken it
is projected that non-revenue

water will increase greatly. At
present, the Corporation puts
around 10.6 million gallons of
water into the supply system
daily, and 5.5 million never
reach the customer. It is pro-
jected that by 2014, if noth-
ing is done, the Corporation
would have to put around
14.1 million gallons a day into
the system to get the same
amount of water to cus-
tomers, while by 2020 this
would increase to 17.1 mil-
lion.

“The target under this con-
tract is that by 2020, instead of
non-revenue water of 60 per
cent, you'll have about 23 per
cent. By international stan-
dards that’s quite acceptable,”
said Mr Laville.

COMMONWEALTH OF THE BAHAMAS 2009

IN THE SUPREME COURT CLE/QUI/000647

COMMON LAW AND EQUITY DIVISION

IN THE MATTER OF all that eS or parcel
of land comprising of lot Number 23 in Block
Number 7 in the Englerston Subdivision
in the Southern District on the Island of
New Providence, one of the Islands of the
Commonwealth of The Bahamas

AND

IN THE MATTER OF the Quieting Titles
Act, 1959

AND

IN THE MATTER OF the Petition of the
Bahamas Development Bank, Sean Gibson
and Estell Gibson

NOTICE OF PETITION

The Petition of the Bahamas Development
Bank, Sean Gibson and Estell Gibson, all of the
Island of New Providence, one of the Islands of
the Commonwealth of The Bahamas in respect
of:

“ALL THAT piece or parcel of land comprising
of Lot Number 23 in Block Number 7 in the
Englerston Subdivision in the Southern
District on the Island of New Providence,
one of the Islands of the Commonwealth of
The Bahamas, which said piece parcel or
lot of land has such position shape marks
boundaries and dimensions as are shown on
the plan filed in this matter and is delineated
on that part of the said plan coloured Pink.”

NOTICE IS HEREBY GIVEN that the
Bahamas Development Bank, Sean Gibson
and Estell Gibson claim to be the owners in fee
simple in possession of the said land and have
made application to the Supreme Court of the
Commonwealth of the Bahamas pursuant to
the Quieting Titles Act, 1959 (Chapter 393) to
have their title to the said land investigated and
the nature and extent thereof determined and
declared in a Certificate of Title to be granted by
the Court in accordance with the provisions of
the said Act.

NOTICE is hereby given that DWIGHT ANTONIO MILLER of
P.O. Box AB-20662, Marsh Harbour, Abaco, Bahamas,
is applying to the Minister responsible for Nationality and Citizenship,
for registration/naturalization as a citizen of The Bahamas, and that any
person who knows any reason why registration/naturalization should
not be granted, should send a written and signed statement of the facts
within twenty-eight days from the 6" day of December, 2010 to the
Minister responsible for nationality and Citizenship, P.O. Box N-7147,

Supervisir,

General Responsibilities AND TAKE NOTICE that copies of the Petition
and a plan of the said land may be inspected
during normal office hours at the following
places:

Linder tight deadlines, dimes vehicle ta customer sites as required to puck up and delrven
documents aed peckeoes.to and front. cemoners aceeeding established procedures, in
iil weather conditions. Picks up, handles and delivers time senative documents and

packers in sale and punctual manmer considerag traffic paticras, abematree rowles,
traffic regulations, aed driving conditions. in ander io meet conterset and DHL time
requirenients, Essures all delivery material received ts safely delivered to cortect
consignee. (persis a scanner to recond shipping and package inftemation fee all
documens!packapes pioced ep of delivered. Reports any suspected breach of secenty or
unusual happenings to supervece (nimediaich, Maintains good work habits, including
reporting to werk on tine-and adhering to standard work and sefiety proederes

MINIMUM QUALIFICATIONS:

* High school or voeatomal diploma
Valid [ntermerdiate bevel driver's hoenee in good elanding
Heerry Track Linense peeferreal
Eneolleat [oterperenaal akills
Clear Police Record
Excellent driving skills
Working kaoaledge of computer applications
Possess Amport Ramp Access or ability in obtain write 4 Days of ereployment
Kroveledge of road codes, ability to read mape to find sew locations
Ability 00 record equaperee operational status

Qur commitment to excellence and teat april & a subslaatzal part al company's
culture

Please send a resaame and coves Welter r4éerenenge Courer DHL ta
Human Resources, DHL Expreas Habamas, East Bay 81, Nasaan
Habames

or by email ta Geet sieeite acne or tax at 358 Gl



Please submit applications na later than Deceanber 17, 2010

Nassau, Bahamas.

EMPLOYMENT
OPPORTUNITY

Matured firm Is seeking qualified persons
to fill the position of

Administrative Assistant

The successful candidate would have
responsibility for assisting with
administrative tasks.

Special Skills Required:

« Excellent oral and written communication skills

« Excellent interpersonal skills

« Must be able to type at least 55wpm

« Must pay attention to detail

« Must be results-oriented and articulate

« Must be computer literate

« Good working knowledge of Microsoft Word, Excel
and Power Point

* Ability to react to change positively while
operating in a multi-task environment

¢ Ability to work Independently with limited
supervision

Email your resume to:
ourceshr mail.com
by 7th Dec 2010.

hrhr



The Registry of the Supreme Court of the
Commonwealth of The Bahamas on _ the
second floor of the Ansbacher Building situate
at East Street and Bank Lane on the Island of
New Providence one of the Islands of the said
Commonwealth of The Bahamas.

The Chambers of the Gibson, Rigby & Co., Ki-
Malex House, Dowdeswell Street in the City of
Nassau, New Providence aforesaid.

AND TAKE FURTHER NOTICE that any person
having dower or right to dower, an adverse or
an claim not recognized in the Petition shall

on or before the 5" day of May, 2010 file in the
Supreme Court and serve on the Petitioners

or their Attorneys an Adverse Claim in the
prescribed form supported by Affidavit.

FAILURE OF ANY PERSON to file and serve
an Adverse Claim on or before the 5" May,
2010 will operate as a bar to such claim.

Dated this 4" day of March, A.D., 2010

GIBSON, RIGBY & CO.
Chambers
Ki-Malex House
Dowdeswell Street
Nassau, Bahamas

Attorneys for the Petitioners



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

MONDAY, DECEMBER 6, 2010, PAGE 7B



BIC'S S15M NET
CASH SET 10 COVER
RESTRUCTURE COSTS

FROM page 1B

to announce details of their $210 million acquisition of a
majority 51 per cent BTC stake plus management control,
confirming that the restructuring costs associated with the
planned downsizing should not be “massive”.

Given that BTC had some 1,228 persons on staff at year-
end 2009, a 30 per cent restructuring would entail around 410
jobs going at the company, whose privatisation is scheduled
to be completed around February 15, 2011, midway through
the first quarter.

The two unions representing BTC line staff and middle
managers, the Bahamas Communications and Public Offi-
cers Union (BCPOU), and Bahamas Communications and
Public Managers Union (BCPMU), outlining their opposi-
tion to CWC (which operates as LIME in the Caribbean) as
BTC’s purchaser, suggested that the restructuring could save
the privatised company $22 million per year.

With a further $5 million gain coming from ‘reengineering’
associated with the downsizing, the unions estimated that the
exercise could ultimately save BTC $27 million per annum
- money that would flow straight to the bottom line.

BTC’s salary and benefit costs in 2009 were $84.273 mil-
lion, and 30 per cent of this is $25.28 million, so the CWC
downsizing plan is likely to reduce staff costs by somewhere
around this amount.

Defraying

Therefore, the $15 million net cash CWC will inherit will
go a significant way to defraying any downsizing expense,
possibly covering half of this - and maybe even more - if it
is all used for this purpose.

While BTC had some $61.902 million in cash on its bal-
ance sheet at year-end 2009, Tribune Business has been
told that the maximum $15 million ‘net’ cash position on the
balance sheet at the privatisation date will come after the
Government has paid-off BTC’s existing loan obligations.

At year-end 2009, BTC had short-term and long-term
loan liabilities of $11.236 mil-

“What we

lion and $35.564 million respec-
‘ tively, amounting to $47 mil-
need to do is _ jion: almost exactly the differ-
get into the ence between the year-end 2009
business, get
a handle on

position and the $15 million net
cash CWC will inherit.
it, talk to the

With that net cash figure, and
the Government agreeing to
cover any pension fund deficit,

many observers are arguing that

management the Ingraham administration
and work will receive less than $210 mil-
* lion net for the majority BTC
with the stake, although is balanced by
unions.” the Stamp Duty it will receive

on the sale. A rate of 10 per

. cent is payable on BTC’s real

Tony Rice property, and 4 per cent on the

assets of the business being sold,

although this could well be split between government and
CWC.

With the $210 million price being around 4x (four times)
BTC’s operating income and net profit for 2009, many rival
Bahamas-based telecoms operators have suggested that
CWC got a ‘sweet deal’, although this does not account for
the impact competition will have on the state-owned incum-
bent’s profits and revenues as a result of market liberalisa-
tion.

Mr Rice said of CWC’s plans: “What we need to do is get
into the business, get a handle on it, talk to the management
and work with the unions.”

Adding that CWC had yet to discuss its restructuring
plans with either BTC union, with previous talks on the
subject having been held between the Government and it,
and the Government and the unions, Mr Rice told the con-
ference call: “In terms of the restructuring, I think it’s too
early to comment in detail.”

He added that prior to closing the purchase, CWC would
spend its time developing a business plan for BTC, plus
the details of how the restructuring was going to work, the
cost and how the company would proceed forward.

Tribune Business disclosed on Friday how Mr Rice
pledged that CWC would “engage as quickly as possible”
with the unions, and how he felt both sides “can reach a
mutually acceptable point”.



Uncertainty

He also added during the conference call that BTC staff
had been forced to live with years of uncertainty due to the
protracted 12-year privatisation process, and that CWC
would attempt to explain to the unions how it planned to
“create success” and take the firm forward.

“T anticipate them being good discussions and positive,”
Mr Rice said of the impending union talks, “and having a
good partnership with the unions going forward and making
the company as successful as it could be.”

However, Mr Rice may not have endeared himself to the
Bahamian media via the conference call, as he effectively
appeared to accuse the press of “stoking” the unions’ anti-
CWC position.

Mr Pennington, though, pledged that CWC (LIME) would
“grow the business and improve the product offering, which
is quite limited at the moment”.

Pledging that service levels and product offerings would
improve to world class levels, he added: “There’s very
strong opportunities to get margins up to more palatable lev-
els”.

Mr Rice said BTC “ticks all the boxes for us” in terms of
its fit with LIME’s existing regional operations, Mr Pen-
nington adding that the company was “an ideal fit”, with
CWC seeing “significant scope for synergies” in areas such
as IT solutions and operational support.

Acknowledging that the Bahamian government had “been
very slow to do this” in terms of privatising BTC, and had
had “quite an extensive courtship with a variety of peo-
ple”, Mr Rice said: “We’ve had some very good conversa-
tions with them, and see a really good opportunity to deliv-
er value for them in terms of world class telecommunications
services.”

On Friday, Tribune Business reported CWC executives as
saying that per capita incomes in Jamaica and Barbados
were some 40 per cent and 75 per cent lower, respectively,
than the Bahamas. That is not quite correct, as what should
have been reported was that they were 60 per cent and 25
per cent lower than this nation’s, respectively.

Proposed Privatization of BTC
BCPMU & BCPOU

Strategic Framework Document
November 29, 2010

.
Overview
Consistent with the global trends of privatization and liberalization - particularly in the telecommunications sectos, The
Government of the Bahamas (GOTB) took the first steps toward privatization in 1996, which it envisaged would lead to the sale
of a majority stake in The Bahamas Telecommunications Corporation (BatelCol, iubsequently incorporated aa The Bahamas
Telecammunications Oo, Ltd (BTC), Quer the past 14 years significant strides have been made to that end Ey successive
Governments of the Bahamas (GOTB), but no deal has been consummated to date.
In recent weeks, the Rt. Hon. Hubert lngraharn, Prime Minister! Commonwealth of The Bahamas, announced that his Govern-
ment had reviewed preliminary recommendations presented by its Privatization Committee and was sativied that the
company under consideration, Cable & Wireless (CRW), was fit and deemed a proper potential strategic partner for BTC.

The BCP OU and BCPMU have publicly eqpressed their disagreement and raised grave concerns with respect to the track record
of C 2 Win its Carisbean jurisdictions with respect te employee and labor relations, as well as overall corporate philosophy
and performance. In order to clearly state its position and best represent the interest of its members, both Unions have
articulated its collective strategic position in the report following.

Strategic Pillars

The BCPMU & BORO support the principles of Bahamians First and Bahamianization. Consequently, as part of the sale of
any national aeset - particularly one as lucrative as BTC, Bahamiane should be allowed to purchase shares at the same rate
offered te foreign investors.

Benefits include the following:

& Expansion of the Bahamian economy,

b. Expansion of Bahamian ownership of the econorny,

c, Enhanced opportunities for Rahamians to work and hold top pasitions in corporate Bahamas,
d Enlightenment of the national psyche te the power and potential of Bahamian talent, and

6, Stem the tide of economic colonization that is rampant in developing countries.

2. he GOTE is im blatant vielation of its own tenets of privatization with respect to the ftness of any potential strategic partrver,
Two of the GOTBH's core principles are:

& Accelerated infusion of state-of-the-art technology
Blimproved quality of customer services offered to ATC customers

With respect to the former point, BTC currently outstrips most of C & W operations in the Caribbean in teams of network
development as well as the availability of cupiing-edge products and services, In the area of custamner services, C & W's
inaFaciencies and ineptitude is widely known throughout its jurisdictions in the Caribbean,

3. The BOPOU & BCPMU does mot support the proposed selection of C&W as the strategic partner of choice for the GOTB to
sella 57% stake in BTC.

Rationale includes the following:

a CBW has a poor reputation for employee and labor relations throughout all of its jurisdictions in the Caribbean.

bo C2 W hag a stated agenda of centralizing management and leadership for all of its operations in the region.

c, BTC'S gross revenues amounts to more than 90% of C&W revenues in all of its operations in the Caribbean combined,

d. Based on BTC's revenue trend over the past few years, C&W proposed management fee of 2% of gross revenues in the frst
hwo years and 345 in subsequent years, which amounts to an $4 - $12 million per annum. Further, the fee is independent of
any dividends that may be declared and the fact that the fee is caloulated on gross revenues if onerous because
management's compensation is net tied to comporate profitability,

4. C&W profitability in the Caribbean is primarily due to its signature downsizing activities versus the deployment of cutting-
edge network infrastructure and the delivery of superior customer services, The Caribbean Telecom News reported in its
edition of May 22, 2009 in an article tithed “Cable & Wireless plans to cut more jobs" that Mir, John Pluthers, Executive Chairman
of & Wi Worldwide stated that job cuts will be an “on-going feature’ as the Company evolves its operations.

5. Should the GOTH accept the 30% decrease in otal! as propesed by Cable & Wireless, there would be a saving to the
Company in the first year thereatter of over $22 million, The business process nm-engineering exercise that would normally
accompany such major reduction in headcount could easily yield a further $5 million dollars. The resultis a $27 million cost
saving that goes directly to the bottom line.

6, Successive Governments have already spent near $100 million on employee disengagement packages, consultancy fees,
and other associated costs since the initial steps to privatize BTC were undertaken in 196 te the current exercise with C&W.
All such costs associated with the preparation of BTC for privatization have been borne by BTC.

7, Notwithstanding The Unions objection in the first instance, should the GOTB opt for the C&W partnership, the Unions will
only agree to the relationship under specific tenms and conditions skewed to the interest of Bahamian workers.
Tern & Conditions inchoede the following:

a Provision to facilitate a 5% ESOP as part of the sale (Examples include C&W Panama and Belize operations).

b. Mo eeportation of jobs [call center, engineering, atc).

€. 100% Bahamian leadership - The recent merger of two prominent banks to form First Caripbean Bank has centralized
decision making outside of The Bahamas and stifled the full expression of Bahamian talent and expertise,

d. Autonomy = te the extent practical -— of administrative and operational decision-making within the jurisdiction of the
Bahamas.

8, The BOPMU & BCPOU deem that itis in the best interest of their members to pursue the negotiation and finalization of mew
industrial agreements to replace the respective contracts that have expired September 30, 2010,

Rationale:

@ Multinational companies could be insensitive to the nuances of workforce dynamics in the Bahamasb, Due to the rele of
such instruments in setting the parameters for the way forward in terms of the workplace, employee security and labor
relations, the GOTE sirould mot leave this emercise to the strategic partner.

c. New industrial agreements prior to the sale of 57% would send a strong message of the Governments commitment ta
advance the interest of workers in the country,

9. BTC has served as the greatest asset for the GOTB and a prized treasure of the pecple of The Bahamas.

Benefits
a& Inthe past three years, the GOTB and its agencies has benefited from BTC to the tune of over $200 million, which includes
the following:

i, Quer $100 million dollars cash,

i. Approximately $17 million in franchise fees,

ii, Approximately $6 million in MIB contributions,

iv. Approximately $20 million in business license and other fees, and
Â¥. Over $40 million in customs duties (BTC receives no exemptionsl),

The above mentioned statistics speaks to the value of BTC to the GOTB and its role in positively impacting the public purse. It
stands ta reason, therefore, that an offer of approximately $200 millian te purchase a $194 stake in BTC is ill-advised, particu
larly with respect to the challenging economic times that the Bahamian economy is facing.

FINANCIAL Implications & Assessments

10, BTC’s combined CAPEX over the past four years excedcds S200 million, which is what the GOTB is being offered fora 51%
stake in the Company

11, BTCs annual contribution te the Bahamian ecanerrry

a& Entrepreneurial spin-offs = Phone cand vendors collectively earn approximately $20m annually

b. BTC annual sponsorships ranges from $250 - $350 thousand annually

c. Numerous other vendors and business concerns depend on the consistent purchases of ATC to keep their operations afloat.

12. Ca Whas more to gain in the purchase of a stake in BTC from such partnership than, the GOTB and the Bahamian people.
& In comparing the financials of both companies, C&W and BTC, based on their respective financial statements of 2004, C &
W's revenues in its 13 operating units within the Caribbean was $873 million whereas BTC'’s revenue was $361 million in 2009,
which represents approximately 41% as compared to T EW,

Conclusion

The BCP OU and BCPMU, firmly supperts the GOTE decision te privatine BTC Lite, but we vehemently deprecate the telling of
BTC to CSA. The negative scenarios and infommation received from our colleagues in the region and researched documents
are sufficient for our decision.

We are also convinced that the Bahamas should be for Baharnians first and this is a classic case for us to demonstrate our
willingness to permit qualified and expenenced Bahamians to take ownership; couple with the shares being offered to the
Bahamian populace. To put BTC Led into the hands of a foreign company after nearly 100 years of successful development amd
operation, will be demoralizing te the psyche of every qualified, trained aspiring Bahamian and will be synenyrous with
pee-abolition of slavery in this region
PAGE 8B, MONDAY, DECEMBER 6, 2010

THE TRIBUNE



FROM page 1B

but denied claims by Tribune
sources that an Immigration
Department raid had
removed several contractors
of varying nationalities -
including Americans and Fil-
ipinos - for not being in pos-
session of valid work permits.

Jack Thompson, director of
immigration, could not be
reached for comment, and Mr
Schaefer denied that any
work permit and Immigration
law violations had taken
place. He acknowledged that
while Immigration had visited
the Prince Charles site dur-
ing the middle of last week,
and taken away several Hait-
ian and Jamaican nationals
who were working, all had lat-
er been released after they
were subsequently found to
be in possession of valid
papers.

Meanwhile, Mr Schaefer
told Tribune Business that

New Robin Hood | BAHAMASAIR DENIES
store ‘80% ready’ | WHISTLEBLOW’ FIRING

rapid progress was being
made in getting the Prince
Charles store ready to receive
its first customers, with the
property now being sealed
from the elements and paving
of the parking lot and sur-
rounding space having begun.

“We’re actually starting to
stock the shelves with gro-
ceries,” he added, saying that
the initial inventory would
cost “a couple million dol-
lars”.

“We’re going to open ina
way, shape or form,” Mr
Schaefer said. “It’s going to
be special, more so on some
levels than the first store. In a
four-mile radius of here, it’s

COMMONWEALTH OF THE BAHAMAS 2009
IN THE SUPREME COURT CLE/qui/No.01268

Common Law & Equity Division

BETWEEN

IN THE MATTER OF ALL THAT piece parcel or tract of
land containing 6.888 acres situate on the Eastern side of the
Eleuthera Main Road and approximately 1.2 miles Northwest
of Haynes Avenue in the Settlement of Governor’s Harbour on
the Island of Eleuthera one of the Islands of the Commonwealth
of The Bahamas

AND

IN THE MATTER OF THE Quieting Titles Act, 1959
AND

IN THE MATTER OF THE Petition of Alban Johnson
NOTICE

THE PETITION OF ALBAN JOHNSON in respect of:-

ALL THAT piece parcel or tract of land containing 6.888
acres situate on the Eastern side of the Eleuthera Main Road
and approximately 1.2 Miles Northwest of Haynes Avenue
Governors Harbour Eleuthera one of the Islands of the
Commonwealth of The Bahamas which said piece parcel or tract
of land is bounded Northeastwardly by land now or formerly
the property of Eleuthera Adventurers Ltd. now Cigatoo
Estates and running thereon 350.81 feet and Southeastwardly
by land now or formerly the property of the Estate of D. Artie
Nottage and running thereon 949.97 feet and Southwestwardly
by Eleuthera Main Road and running thereon 297.53 feet and
Northwestwardly by land now or formerly the property of
Eleuthera Adventurers Ltd. now Cigatoo Estates and running
thereon 933.14 feet.

ALBAN JOHNSON claims to be the owner of the
unencumbered fee simple in possession of the said land and has
made application to the Supreme Court of the Commonwealth
of The Bahamas under Section Three (3) of the Quieting Titles
Act, 1959 to have his title to the said land investigated and
the nature and extent thereof determined and declared in a
Certificate of Title to be granted by the Court in accordance
with the provisions of the said Act.

Copies of the Petition and Plan of the said Land made by
inspected during normal offices hours in the following places:
1. The Registry of the Supreme Court, East Street

the most densely-populated
area on the island. That’s the
beauty of it.”

Telling Tribune Business
that Robin Hood will likely
have invested $7 million in
getting the Prince Charles
store ready for opening, he
added that the retailer was
still on target to “break
ground” on the planned
44,000 square foot, two-storey
retail complex, which will be
situated in front of the store,
in January.

Asked about tenants, Mr
Schaefer replied: “Nothing
yet, but assume within the
next two weeks we will have
the whole place rented.”
Talks, he added, were still
ongoing about branding the
proposed gym, health and fit-
ness centre under the ‘Magic
Johnson’ name.

Asked about how the
Tonique Williams-Darling
Highway store was perform-
ing, Mr Schaefer said it was
“running similar to last year’s
numbers right now”.

As for the upcoming Christ-
mas season, he added: “We’re
expecting to do at least as well
as last year. It would be nice
to be a few percentage points
up, but if we’re 3, 4, 5 per-
centage points up we’ll be
doing really well, because the
economy is struggling even
worse this year”.

Mr Schaefer said there

COMMONWEALTH OF THE BAHAMAS

seemed to be “less money” in
the Bahamian economy in
2010 than 2009, and the Baha
Mar project aside, there was a
perception that the general
environment was “impacting
everyone in a harder way than
it did at this same time last
year”.

Asked how Robin Hood
expected to perform in 2011,
its president told Tribune
Business: “I think it’s going
to be a turnaround for every-
body. I think we’re all going
to experience it. It will start
slowly and build up as the
year goes on.

“The world economy is
turning, and Baha Mar is
going to infuse the whole
Bahamian environment and
economy with a morale boost-
er. It is probably 60-70 per
cent of reality that is percep-
tion, and if people perceive
that things are getting better,
they will become better. It’s a
self-fulfilling prophecy.”

Mr Schaefer added that
Robin Hood would “aggres-
sively pursue” its Family
Island frsanchise plans in the
New Year, adding: “We’ve
already spoken to a few peo-
ple, and got some very posi-
tive responses.

“There are always oppor-
tunities when things are diffi-
cult for everybody; you just
have to find them and exploit
them to your advantage.”

2001

IN THE SUPREME COURT

COMMON LAW SIDE

BETWEEN

BANK OF THE BAHAMAS LIMITED

Plaintiff

AND

LLOYD MILTON SUTHERLAND

Defendant

NOTICE OF ADJOURNED HEARING

TAKE NOTICE thatthe Order for Examination

S2wk-Hi

North ,Nassau, The Bahamas;

The Administrator’s Office, Governor’s Harbour,

Eleuthera, The Bahamas, and
3 The Chambers of Lockhart & Co., 35 Buen Retiro

Road, off Shirley Street, Nassau, The Bahamas.
NOTICE is hereby given that any person having dower or right
to dower or an Adverse Claim or a claim not recognized in the
Petition shall on or before the expiration of Thirty (30) days
after the final publication of these presents, file in the Supreme
Court and serve on the Petitioner or the undersigned a Statement
of his claim in the prescribed form verified by an Affidavit to be
filed therewith.

Failure of any such person to file and serve a statement of his
claim on or before the expiration of Thirty 30) days after the
final publication of these presents will operate as a bar to such
claim.

Dated the 8* day of February, A-D., 2010

LOCKHART & CO.
Chambers

35 Buen Retiro Road
Off Shirley Street
Nassau, The Bahamas

Attomeys for the Petitioner



ROYAL FIDELITY

Morty al Work

filed on the 4" day of December, A.D., 2009 and set
down to be heard on Thursday the 4"" day of March,
A.D., 2010 at 12:00 o’clock in the afternoon will
now be heard before a Deputy Registrar, Marilyn
Meeres of the Supreme Court, Ansbacher Building,
Bank Lane, Nassau, The Bahamas on Monday the
24* day of January, A.D., 2011 at 11:30 o’clock in
the forenoon.

Dated this 20" day of September, A.D., 2010

REGISTRAR

This Notice was taken out by Messrs. Gibson,
Rigby & Co., Chambers, Kl-Malex House,
Dowdeswell Street, Nassau, The Bahamas,
Attorneys for the Plaintiff.



= FG CAP

[TAL MARKETS
5 BROKERAGE & ADVISORY SERVICES

Dead

cle7vica wT AT.

THURSDAY, 2 DECEMBER 2010

BISX ALL SHARE INDEX: CLOSE 1,482.65 | CHG -O.

02 | %CHG 0.00 | YTD -82.73 | YTD %-5.28

FINDEX: CLOSE 000.00 | YTD 00.00% | 2009 -12.31%
WWW.BISXBAHAMAS.COM | TELEPHONE:242-323-2330 | FACSIMILE: 242-323-2320

S2wk-Low
1.00
9.67
4.50

Securit_y
AML. Foods Limited
Bahamas Property Fund
Bank of Bahamas
Benchmark

Bahamas Waste

Fidelity Bank

Cable Bahamas

Colina Holdings
Commonwealth Bank (S1)
Consolidated Water BDRs

10.63

4.90
o.18
2.70
2.14
9.62
2.36
5.40
1.63

0.18
2.70
2.17
10.46
2.40
6.85
1.74
1.60
5.94
F223
8.77
3.75
1.00
5,00
9,82
10.00

1.60
6.07
F.22
3.39
5.46
1.00
5.59
8,82
10.00

Doctor's Hospital
Famguard

Finco

FirstCaribbean Bank
Focol (S)

Focol Class B Preference
ICD Utilities

J. S. Johnson

Premier Real Estate

Previous Close Today's Close

10.63

10.46

10.00

EPSS
0.150
0,013
0.598

-O.877
0.168
0.016
1.050
0.781
0,422
oO.111
0.199

-0.003
0.287
0.645

Change Daily Vol. Div $
0.00
4.90 0.00
0.18
2.70

2.17

0.00
0.00
0.00
0.00.
0,00
0,00
-0.02
0,00.
0,00
0.00
0.00.
0.00.
0.00.
0,00

2.40
6.85
1.72
1.60
6.07
7.23
93.39
5.46
1.00
5.59
9,82

0.366
0.000
0,012
0.971
0.991

0,00
0,00.

BISX LISTED DEBT SECURITIES - (Bonds trade on a Percentage Pricing basis)

S2wk-Low Security Last Sale

Bahamas Note 6.95 (2029)
Fidelity Bank Note 17 (Series A) +
Fidelity Bank Note 22 (Series B) +

Symbol
BAH29.
FBB17
FBB22
FBB13
FBB15

Fidelity Bank Note 13 (Series C) +
Fidelity Bank Note 15 (Series D) +
RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)

Symbol
Bahamas Supermarkets
RND Holdings

Bid &
5.01
0.35

6.01

99.46
100.00
100.00
100.00
100.00

Ask

0.40

Change Interest
0.00. 6.95%
0,00. 7%
0.00, Prime + 1.75%
0.00. 7%
0.00. Prime + 1.75%

Daily Vol. Maturity
20 November 2029,
19 October 2017
19 October 2022
30 May 2013
29 May 2015
Last Prine Yield
14.00
0.55

EPSS$
-2.945
0.001

Div & RYE
0.000
0.000

Daily Wat.

CFAL Securities Ltd. (OQver-The-Counter Securities)

ABDAB 30.13 31.59

RND Holdings 0.45 0.55

29.00 4.540
0.55 0.002

0.000
0.000

BISX Listed Mutual Funds

NAV

1.5122
2.9187
1.5683
2.8624
13.5642
114.3684
106.5528
1.1367
1.0974
1.1363

Fund Name YTD%
CFAL Bond Fund
CFAL MSI Preferred Fund

1.4954 CFAL Money Market Fund

2.8522 Royal Fidelity Bahamas G & | Fund
13.0484 Royal Fidelity Prime Income Fund
101.6693 CFAL Global Bond Fund

99.4177 CFAL Global Equity Fund

1.0000 FG Financial Preferred Income Fund

1.0000 FG Financial Growth Fund

1.0000 FG Financial Diversified Fund

9.1005 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 Bah Int'l Investment Fund Principal
Protected TIGRS, Series 3
Royal Fidelity Int'l Fund - Equities Sub Fund

1.4076
2.8300

9.7458
10.0000
10.6000
9.1708
9.5037

4.8105 8.1643

5.11%
1.10%
4.06%
-8.16%
1.47%
9.98%
4.75%
4.30%
2.75%
4.18%

4.35%
-1.59%

-4.96%
5.79%

NAV 3MTH
1.490421
2.919946
1.548897

NAV 6MTH
1.467397
2811877
1.532712

Last 12 Months %

6.79% 31-Oct-10
30-Sep-10
26-Nov-10
31-Aug-10
30-Sep-10
30-Jun-10
30-Sep-10
31-Oct-10
31-Oct-10
31-Oct-10

3.13%
4.67%
-7.49%
2.95%
12.49%
7.18%
5.21%
6.87%
5.78%

109.392860
100.779540

107.570619.
105.776543

5.22% 31-Oct-10

4.26% 31-Oct-10

-4.96%
9.42%

31-Oct-10
31-Oct-10

MARKET TERMS

BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00
52wk-Hi - Highest closing price in last 52 weeks

52wk-Low - Lowest closing price in last 52 weeks

Previous Close - Previous day's weighted price for daily volume
Today's Close - Current day's weighted price for daily volume
Change - Change in closing price from day to day

Daily Vol. - Number of total shares traded today

DIV $ - Dividends per share paid in the last 12 months

P/E - Closing price divided by the last 12 month earnings

KS) - 4-for-1 Stock Split - Effective Date 8/8/2007

(S1) - S-for-1 Stock Split - Effective Date 7/11/2007

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 earnings 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



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FROM page 1B

“We got no notice of any federal violation from any feder-
al agency, and therefore there was no violation. Had there
been a violation Bahamasair would’ve been fined.”

In court documents obtained by Tribune Business, it was
recorded that legal action pursued by 23-year Bahamasair
employee, Deborah Pinder, in the south Florida district
court was dismissed on June 22, 2010, six days before it
was due to go to trial.

This dismissal of the case came after Mrs Pinder filed a
“notice of settlement” with Bahamasair.

Mrs Pinder had sued the company in 2008, alleging that it
violated the Florida Whistleblower Act when it fired her
over her decision to copy a letter she had written, high-
lighting an alleged violation by a Bahamasair manager of US
federal regulations regarding passenger check-in, to the
Transport Security Administration (TSA).

Her court action charged that she “engaged in protected
activity when she objected in writing to Bahamasair’s vio-
lation of federal law”, and was otherwise “performing sat-
isfactorily in her position”.

In her letter to the Miami station manager for Bahamasair,
Glenda Pletscher, advising of the alleged contravention of
regulations governing the Airline Passenger Information
System (APIS) by a co-worker in Florida, Mrs Pinder
described how the manager had checked in a passenger for
a flight under an entirely different and incorrect name and
passport number.

Discrepancy

The discrepancy on the passenger manifest was only cor-
rected by a different employee after the flight had departed,
following discovery of what had taken place by a gate agent.

Having been suspended without pay a year earlier for
“inadvertently entering incorrect information into the APIS
(Airline Passenger Information System)”, mixing up the
name of one passenger with another who had a very similar
name, Mrs Pinder said in her letter that “all Bahamasair
employees deserve to see the procedures and policies of this
airline applied uniformly”.

She suggested that she was “well aware of the negative
impact such breaches of security” can have on the welfare of
Bahamasair, and added that while her mistake was not
intentional, other employees may be “intentionally engag-
ing in actions which undermine” Bahamasair’s compliance
with TSA guidelines.

Under rules and regulations stemming from post 9/11
anti-terrorism legislation in the US, it was a requirement that
a proper passenger manifest be completed and sent elec-
tronically to the federal tracking agency prior to securing any
airplane for departure.

In the letter Mrs Pinder received a month later, advising
her of her termination, director of human resources for
Bahamasair, Cornel Mortimer, stated: “We have decided
further and more severe disciplinary action is warranted
based on your sending a copy of your letter (alleging viola-
tions of US federal regulations by Bahamasair) to the TSA.

“We believe your motive in doing so was malicious and
that your intent was to harm the company.

“The company does not want employees who desire to
cause it harm.”

Mr Mortimer claimed in the termination letter he sent to
Mrs Pinder that it was “in further reference to the incident
that occurred on October 2, 2007” - the incident in which
Mrs Pinder entered incorrect information into the APIS
system, resulting in her previous suspension.

In her subsequent lawsuit, Mrs Pinder alleged she suffered
“financial and psychological” damage as a result of being ter-
minated from Bahamasair, being unable to find other unem-
ployment after finding that she had been “essentially black-
listed from the industry because of Bahamasair’s actions”.

COMMONWEALTH OF THE BAHAMAS 21K LEvquill439
IN THE SUPREME COURT

Lomein Law & beurty Side
IN THE MATTER of the Quieting Tutkes Act
AND

IN THE MATTER of the Petition of ELGIN WREGHT
ASL

IM THE MATTER of ALL THAT piece parcel or los
of land being numbers 27 & 2% containing 0.250 on
An acre situate on Miami Street in the Englerston
Subdivision situate in the Southem District of the
Island of New Providence, Bakamas

COPIES of the said Plan may be inspected during
Nonmal Office hours at the following places:-

(te) The Registry of the Supreme Court
In the City of Nassau on the Island of
New Providence

Collie & Collie Law Chambers

kK. &. Darling Building

Dowdes well Sireet & School Lane

in the City of Nassau on the Island of New
Providence, The Bahamas

(id)

NOTICE is hereby given that any person having
Dower or a right to Dower or any Adverse Claim
ora Claim mot recognized in the Petition shall on
or before the
POC File in the Supreme Court in the City of Nassau
aforesaid and serve on the Petitioner a Statement of
claim in the Presenibed form verified by an Affidavit
to be fled therewith. Failure of any such person io file
and serve a Statement of Claim on or before the

day of 2010 wall operate asa bar to such
claim.

day of

Elgin Wright
Petitioner
THE TRIBUNE

MONDAY, DECEMBER 6, 2010, PAGE 9B



Se SESE SS
Economy is making steady | PM backs building inspection outsource

gains despite weak hiring

PAUL WISEMAN,
AP Economics Writer
WASHINGTON

The economy is starting to
fire on almost every cylinder
these days but the one that mat-
ters most: Job creation.

Factories are busier. Incomes
are rising. Autos are selling.
The holiday shopping season 1s
shaping up as the best in four
years. Stock prices are surging.

And many analysts are rais-
ing their forecasts for the econ-
omy's growth. Goldman Sachs,
for instance, just revised its
gloomy prediction of a 2 per-
cent increase in gross domestic
product in 2011 to 2.7 percent
and forecast 3.6 percent growth
for 2012. "The upward momen-
tum has more traction this
time," says James O'Sullivan,
chief economist at MF Global.

If only every major pillar of
the economy were faring so
well. Despite weeks of brighter
economic news, employers still
aren't hiring freely. The econo-
my added a net total of just
39,000 jobs in November, the
government said Friday.

That's far too few even to
stabilize the unemployment
rate, which rose from 9.6 per-
cent in October to 9.8 percent
last month. Unemployment is
widely expected to stay above 9
percent through next year, in
part because of the still-
depressed real estate industry.

Job creation ultimately dri-

PRS
da
BST

SEL



1, a 3g
~~. i > =4
(AP Photo/Mel Evans, file)
AILING: Resorts Hotel and Casi-
no, Atlantic City’s first casino,
which opened Memorial Day
1978, is seen in this Nov. 14,
2007 photograph.

WAYNE PARRY,
Associated Press
ATLANTIC CITY, N.J.

Asked about his plans to
save Resorts Atlantic City, the
first casino in the United States
to open outside Nevada, new
owner Dennis Gomes briefly
touches on spruced up hotel
rooms, guest suites and a snazz-
ier casino floor. But what the
place really needs, he says, is a
whole lotta love, with some
positive spiritual energy thrown
in. Despite his buttoned-down
appearance, Gomes is not your
typical casino executive.

"There's something in the
martial arts called ‘chi,’ the life
energy that guides you ... I
think I give energy," said
Gomes, a veteran casino exec-
utive who got approval on
Wednesday to buy the strug-
gling casino with partner Morris
Bailey for the fire-sale price of
$31.5 million from lenders who
had taken it over a year ago.

"T think love is the most pow-
erful force in the universe. If
you do everything from love,
you can tap into that energy,”
he told the Casino Control
Commission, drawing big
laughs by adding, "those Wall

ves the economy, and it remains
the most significant weak link.

The meager job gains for
November confounded econo-
mists. They'd expected net job
growth to reach 145,000 and for
the unemployment rate to stay
at 9.6 percent.

Some economists dismissed
the November data as a techni-
cal fluke, a result of the gov-
ernment's difficulty in adjust-
ing the figures for seasonal fac-
tors. They think the number
will be revised up later.

Others saw the jobs report
as a reminder that the economy
is still struggling to emerge from
an epic financial crisis that
choked off credit, stifled spend-
ing and escalated a "normal"
recession into the worst in 70
years. The depth of the finan-
cial crisis means the recovery
will proceed more slowly than
many had hoped or expected,
they say. The fits and starts are
not surprising,” says Jack Klein-
henz, chief economist at the
National Retail Federation.
"We've had a unique recession
and therefore a unique recov-
ery."

In the view of most econo-
mists, the direction of the over-
all economy remains positive
— even if its pace feels agoniz-
ingly slow. The latest unem-
ployment report was a setback,
but likely a temporary one, they
say.

"Which are you going to
believe," O'Sullivan asks, "one

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month of payrolls or all the oth-
er data?"
Among encouraging signs:

__ Consumers, whose spend-
ing fuels about 70 percent of
the economy, are regaining
confidence. The Conference
Board's index of consumer con-
fidence rose in November to
the highest level since June as
consumers expressed more
optimism about business con-
ditions and jobs. Consumers are
suffering “austerity fatigue,"
says Scott Minerd of Guggen-
heim Partners. They're ready
to replace old clothes, old appli-
ances, old cars.

— Family finances have
improved. Personal income
surged 0.5 percent in October.
That put cash in shoppers’ wal-
lets for the holiday shopping
season. Households cut their
debts to 122 percent of annual
disposable income in the April-
June quarter, according to
Haver Analytics. That was the
lowest debt level since the end
of 2004.

__The holiday shopping sea-
son got off to a buoyant start.
The National Retail Federation
expects holiday retail sales to
rise 2.3 percent this year, the
best performance since 2006.
One reason: Stock prices have
surged. A 14 percent rally in
the Dow Jones industrial aver-
age since late August has made
households feel wealthier,
Kleinhenz says.

FROM page 1B

months and years to say yes or no to”.

Mario Bastian, the BSE secretary, put it to
Mr Ingraham during a question and answer ses-
sion engineers were allowed with the Prime Min-
ister, that given ongoing problems with the length
of time it takes government building inspectors to
certify construction work, private engineers
“could in some way or form could assist the Min-
istry in carrying out that task”.

“There are engineers who are qualified and
equipped to inspect constructions throughout
the country, and think it would be a good thing
for us to assist the Ministry, so people can get
occupancy as quickly as possible,” said Mr Bast-
ian.

Mr Ingraham responded that this was “music
to (his) ears”.

“But you must bear in mind that the Ministry
of Works and government departments are
bureaucracies. They don’t want to give up any
power - like to hog it all, even though they can be
overwhelmed,” the Prime Minister said.

“But no, be assured they will be mandated to
do it and it can be done easily.

“We have 130 certified engineers and archi-
tects, and there’s no possibility of the Govern-
ment of the Bahamas hiring sufficient people to
do these inspections.

“We can agree reasonable fees and expedite
these things. That’s no problem whatsoever. We’ll
act on that,” said Mr Ingraham.

Responding to a query from engineer Marcus
Laing about the building permit process, which
has been criticised of late for how long it can
take - especially in comparison to other jurisdic-
tions globally - Mr Ingraham suggested that under
the new Planning and Subdivision Act, there are
provisions for the expedited approval of building
plans put forward by licensed professional engi-
neers and architects, and which are under a cer-
tain size.

Mr Laing said: “One of the things that’s really
been a hindrance is the long time for approvals on
the engineering or architectural side. Around
the world they have an expedited process where
applications are made by licensed professionals.
A study was put forward to the Ministry which
spells out that where licensed architects and engi-
neers put forward plans for a building under a
certain size, the jurisdiction just allows it to be
passed, with all liability falling on that profes-
sional. It allows more revenue, more jobs to flow
into the community.”

Mr Ingraham said: “We are as frustrated as
you are in terms of how long it takes to have
various simple things determined in the Bahamas.
One of the big irritants is permission to build a
simple house or office, or to determine if this or
that area is commercial etc.

“We are well underway in terms of being able
to structure the Government in that fashion, and
the point you make will be dealt with shortly.”

Speaking of the potential impact of allowing
for private engineers rather than just govern-
ment-employed building inspectors doing build-
ing inspections, BSE presidentRobert Reiss, told
Tribune Business that this could be a useful rev-
enue stream for such professionals at a time
when many are “unemployed and a lot are under-
employed”.

“Where it has much much more significant
impact is to actually expedite developments in
our country.

“To become more attractive to developers and
FDI, getting our ranking up higher worldwide in
terms of the development process and having
Bahamians building their own home being able to
do it smoothly and effectively, and eliminate
some of that red tape and time constraints,” Mr
Reiss said.

“That specific action that we very much hope
is implemented really could just expedite the
whole building process in the country, and those
benefits could be really just phenomenal.”

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invites applicants for the function of:

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WATIONAL CHRISTMAS TREE
LIGHTING CEREMONY
The GOOD OLE DAYS OF CHRISTMAS

SCHEDULE

OF EVENTS

New Providence

Bay Street
Bank Lane
December 1, 2010

Elizabeth Estates

Elizabeth Estates Library
December 10, 2010

Street guys hate that." BREE EERE Eee eee eee ee

The Eden Centre

Carmichael
Carmichael Post Office
December 11, 2010

South Beach
South Beach Police Station
December 14, 2010

Family Islands

Dr. Liu Zelin (Leo)
Has MOVED from Village Road to Winchester Street, Palmdale
New phone number are: 328-6817, 328-6819 cell: 454-0188

Miraculous Chinese Medical Doctor
heals patients ailments

Governor's Harbour, Eleuthera
December 3, 2010

Marsh Harbour, Abaco

SE EE ee

December, 4, 2010

Treasure Cay, Abaco

A man suffered from severe pain in his right knee for a long December 13, 2010

time. He found it difficulty to move around. His knee was
swollen and very stiff. He had this problem for 2 1/2 years.
After three treatment visits the swelling went down and he
was able to move around with no problem. I recommend this
treatment for persons who want results and do not want to
have surgery.

Deadman’s Cay, Long Island
December 8, 2010

Fresh Creek/Nicholl’s Town
December 17, 2010

Georgetown, Exuma
December 15, 2010

An elderly man 84 years old suffered from high blood pressure
and diabetes. After 3 visits his blood pressure went to normal

Freeport, Grand Bahama
and his diabetes is now under control.

Grand Bahama Post Office

Scorn ais December 18, 2010

DIABETES, HYPERTENSION, SINUS, ARTHRITIS, CARPEL
TUNNEL SYNDROME, REPETITIVE STRESS INJURIES,

STIFF NECK

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


THE TRIBUNE

MONDAY, DECEMBER 6, 2010, PAGE 11B



INSIGHT

Uncommon sense

FROM page 12B

technical and vocational
training — less expensive
for young men of modest
means.

The friend pointed out
that helping young men to
earn and contribute to a
household can be a huge
help to them and their often
young and struggling moth-
ers as well.

She said: "I’m a young
mother; my daughter is 16. I
grew up in Montell Heights
where there was shooting
and violence every day. I try
and get out of that but if
someone can’t help me get a
house or move out of this
area then my child is gonna
grow up in that same system,
the same thing. My time was
good, but her time will be
worse.

"All it is just the same
thing, just a different day,
different year, but it trickles
down. My mummy had two
children for two different
men. It will trickle down — I
end up with two, my child
will end up with two. My
mummy had a baby when
she was 18; I had mine when
I was 16.

"Good thing I break the
cycle and my daughter didn’t
have hers when she was 16,
but I feel as though if she
was still in Montell Heights
where I was growing up she

might have. So I break the
cycle by trying to say, 'Well
you try to go to college,
mummy couldn’t go. Mum-
my didn’t graduate from
high school, but I have a
good job’.”

But these women are not
fooled by all those who cry
poor mouth.

Ms Smith said that sim-
ply having qualifications is
not enough on its own,
"because it's a choice to
improve your life — it’s on
you."

Her friend noted that
many people in Bain Town
claim they need help, but
"could get a hair-do every
day and don’t go to work.

"So it depends on who
wants to be helped — people
will tell you ‘Oh I want to
be helped’, but they don’t
want to do the work. You
can open up the door for
me, but I have to walk
through that door. Some
people want everything
handed to them, but that’s
not what we’re saying.

“Tf ?’'m willing to work for
what I want and my child is
younger, help me so that I
can be able to help the
young one growing up.

"If you help me, I might

be able to take in another
child who’s not doing so
good — my sister’s child,
whose mother may be drink-
ing or doing drugs — she sees
man beating up her mummy
every day, she’s going to say,
"Well man take care of my
mummy, man can take care
of me’.

"She could live with me
to have a better life because
what she sees her mother
doing, she will do the same.”

However, they know it is
unrealistic to expect that
everyone will react with such
generosity, so they feel that
whenever possible, it would
be best to remove children
from the suffocating atmos-
phere of these neighbour-
hoods altogether.

The aunt suggested a kind
of national recreation cen-
tre, "that way, you have
someplace for kids to go.
Right now there is no place
for our kids to go, nowhere.”

The friend said: “Or they
could do a daycare for when
parents go to work — they
don’t have no one to watch
their children. Instead of
leaving their child home
with this one and that one
who drinks rum or don’t stay
home or whatever, have

More foreign fighters seen
slipping back into Iraq

BAGHDAD

INTELLIGENCE officials say foreign
fighters have been slipping back into Iraq in
larger numbers recently and may have been
behind some of the most devastating attacks
this year, reviving a threat the U.S. military
believed had been almost entirely eradicat-
ed, according to Associated Press.

It is impossible to verify the actual num-
bers of foreign insurgents entering the coun-
try. But one Middle Eastern intelligence
official estimated recently that 250 came in
October alone. U.S. officials say the figure is
far lower, but have acknowledged an
increase since August.

At the same time, Iraqi officials say there
has been a surge in financial aid to al-
Qaida's front group in Iraq as the U.S. mil-
itary prepares to leave by the end of 2011.
They said it reflects fears by Arab states
over the growing influence of Iran's Shiite-
led government over Iraq and its Shiite-
dominated government.

On Sunday, security official Maj. Gen.
Qassim al-Moussawi said Iraqi forces are
searching for six foreign fighters who are
among Iraq's most wanted terrorists.

The six are suspected of involvement in
the Oct. 31 siege of a Christian church that
left 68 people dead and drew international
outrage, al-Moussawi said. They are also
suspected in two summertime attacks on an
Iraqi army headquarters in central Bagh-
dad that killed a total of 73 people.

"All who committed these attacks are
(non-Iraqi) Arabs," he said. "This indicates
the failure of al-Qaida leaders to recruit
Iraqis to carry out suicide attacks."

Al-Moussawi said five of the six suspects
are hiding in two Sunni Muslim-dominated
provinces bordering Syria, while one has
fled to Syria.

USS. officials are playing down the threat.

Army Col. Barry Johnson, a spokesman
for U.S. forces in Iraq, said the military
noticed a slight increase in foreign fighters
starting in August, but would not say how
many. He said the number remains far low-
er than when insurgents were rushing in
from Arab states between 2005 and 2007.

"There were some indications of a flow of
foreign fighters in,” Johnson said. "And that
is often associated with suicide attacks, so
we were anticipating something happen-
ing.”

Last year, U.S. counterterrorism officials
said the number of foreigners heading to
Traq had trickled from hundreds to "tens" in
what they described as a severely weakened
al-Qaida in Iraq.

But a Mideast counterterrorism official
said an estimated 250 foreign fighters
entered Iraq in October alone. He said they
came through the Syrian city of Homs, a
hub for Syrian Muslim fundamentalists that
is run mostly by Tunisians and Algerians.
Other fighters have come from Pakistan,
Saudi Arabia, Libya and Yemen.

Additionally, the official said tens of mil-
lions of foreign dollars annually are funding
the Iraqi insurgency, which has received
about $5 billion in aid since 2007. The mon-
ey comes from al-Qaida leaders, Muslims
who want the U.S. to leave, and so-called
‘Arab nationalists’ who are eager for Sunni
Muslims to regain power in Shiite-domi-
nated Iraq.

The official spoke on condition of
anonymity because he was not authorized to
brief the media.

Even at the height of the war, foreign
fighters were considered a small percent-
age of the total insurgents in Iraq. But their
presence encouraged donations from over-
seas, and they made up some of the most
hardcore jihadists who were willing to carry
out suicide bombings.

Officials see the fingerprints of foreign



IRAQI MILITARY spokesman Maj. Gen. Qas-
sim al-Moussawi speaks to the media during a
press conference in Baghdad, Iraq, Sunday,
Dec. 5, 2010. Al-Moussawi says security
forces are on the lookout for six foreign fight-
ers who helped launch horrific attacks this
year that killed more than 140 people. (AP)

fighters in a spate of recent attacks:

—Four of the church bombers who were
from Libya and Syria and carried fake ID
cards that identified them as mutes to avoid
talking in foreign accents to checkpoint
guards, Iraqi Deputy Interior Minister
Ahmed Abu Raghef told The Associated
Press. He said $70,000 cash was seized from
a western Baghdad home where their cell's
leaders were operating.

—A Tunisian who was also pretending to
be mute was arrested on terror charges in
August in eastern Diyala province, accord-
ing to an Iraqi security official who spoke on
condition of anonymity because he was not
authorized to talk to the media.

—A Moroccan fighter was captured and
two non-Iraqi insurgents were killed in a
raid last Thursday in the northern city of
Mosul, said Defense Ministry spokesman
Maj. Gen. Mohammed al-Askari.

—Four Jordanian fighters were killed by
US. troops in Iraq, according to a Novem-
ber claim by the Islamic State of Iraq, a
front group for al-Qaida.

—A Nov. 2 string of rapid-fire blasts in
Shiite neighborhoods across Baghdad killed
91. Iraqi counterterrorism commander Maj.
Gen. Fadhel al-Barwari said it must have
been carried out with foreign financing to
buy the explosives needed “to launch an
attack with a big number of casualties."

U.S. officials and experts voiced doubt
that the foreign aid is as high as Iraqi and
Mideast authorities believe.

A senior U.S. military official who spoke
on condition of anonymity to talk candidly
about the sensitive issue estimated about
10 foreign fighters enter Irag each month.
Michael Knights, a Lafter Fellow at the
Washington Institute for Near East Policy
predicted there are only "small cells of expe-
rienced foreign fighters in ISI."

But an analysis by private global intelli-
gence firm Stratfor concluded that foreign
help in the church siege signals al-Qaida
"may have found a new source for militants,
and they may have more resources to carry
out fresh attacks."

somewhere, a nursery where
people could come and drop
their children off during
working hours and then pay
(that’s a job too; parents
don’t have a problem pay-
ing because you have to go
to work to make money). A
lot of people don’t go to
work because they don’t
have anyone to watch their
children.”

The aunt added: “Not
only that — if you go to work
and something happens to
your children, the first thing
people say is ‘If that woman
used to stay home and keep
them children, this wouldn’t
have happened, or the child
would have grown up differ-
ent’. But parents have to
work.”

For these women, crime,
its causes and possible solu-
tions are clearly complex
issues requiring far reaching
action. Whether or not the
majority of Bahamians liv-
ing in “Over the Hill” com-
munities share these senti-
ments is unfortunately very
difficult to judge; the opin-
ion of the common man or
woman features rarely in the
Great Debate on Crime
which the "experts" seem to
be perpetually engaged in.

In addition to the official
police line, substantial atten-
tion is given to the insistence
of the religious bunch that
crime is a righteous plague
visited upon us as a penalty
for turning from God - a
view which conveniently
ignores the comparative
peace and safety enjoyed by
numerous societies much
less saturated with "religion"
than ours. Then there are
the fearful wealthy, who —
despite the fact that the vast
majority of victims are some-
one else — seem to suspect
crime is a specific attack on
their way of life, perpetrated
by mindless barbarians bent
on destroying them exclu-
sively.

Meanwhile, "Grass roots"
views on crime are usually
aired only at moments of
heightened tension or emo-
tion — immediately follow-
ing a murder or other vio-
lent incident for example —
resulting in understandably
extreme reactions being tak-
en for common opinion.

As aresult, working peo-
ple are seen to be either part
of the "pro-hanging march"
torch-and-pitchfork crew,
eager to sacrifice any and all
suspects to the gods of
vengeance; or the "Thug
Life" crime-as-righteous-
rebellion crew, who see the
police as an enemy guilty of
harassment and provocation.

But Ms Smith and Co. are

right: it is not just a matter
of turning to God, catching
and keeping a handful of
criminals, of putting up high-
er fences around your house.

To deal with crime, you
have to face the fact that it
has become deeply
entrenched in this society,
that the cycles of abuse and
neglect of which these
women spoke will not be
broken easily.

The solutions have to be
practical, realistic — but cru-
cially, must involve personal
responsibility as well as a
helping hand.

The simple decision to see
things clearly, no matter how
bad they are, can itself lead
to healthier behaviour and
begin to restore our sense of
community.

Ms Smith said: “We have
to live as one — I always told
my co-workers that, because
you don't know who's next.
On the job I try to talk and
laugh and joke, because you
don't know who is next. I
didn't know I was next.”

Ms Smith is, however,
under no illusions that good
sense will prevail anytime
soon. Referring to her son's
death, she said, "It ain't the
first one, and sad to say, it
ain't gon' be the last.”

What do you think?
email:
pnunez@tribunemedia.net

GN-1141

POLICE DEPARTMENT

TRAFFIC PRESS RELEASE NOTICE
THE ANNUAL JUNIOR JUN RANCHO PARADE ON

THURSDAY 9 DECEMBER, 2010

INFORMATION

Che Annual Junior Junkanoo Parade will be held om Thorsday

Sine! al f:00 p.m. until

HO TE

The routes of the parade are as fills

He.
9 December, 20170 on Baas

The starting point is Bay and Fredrick Streets encting at Bay and East Streets

NO PAR RING

From 3:00 pon. and unl the pulrade no vehiches will be allowed to park on Che ferdlewnrns

SArcces.

BAY STREET BETWEEN FREDRICK ANT EAST

STREETS

BANK LANE

FREDRICK STREE

T BETWEEN SHIRLE’

STREETS AND WOODES RODGERS WHARI

CHARLOTTE STREET BETWEEN WOODES
RODGERS WHARF AND SHIRLEY STREET

WOODES RODGERS WHARF

ELIZABETH AVENUE

EAST STREET BETWEEN SHIRLEY STREET
AND WOODES RODGERS WHARF

PARLIAMENT STREET BETWEEN WOODES

RODGERS WHARF AND EAST HILLSTREET

MARKET STREET BETWEEN BAY AND

DUKE STRETS

* TRINITY PLACE

BOTH SIDES

BOTH SIDES

HO

SIDES

OTH SIDES

BOTH SIDES

BOTH SIDES

MOTH SIDES

BOTH SIDES

BOTH SIDES

BOTH SIDES

From 3:00 pum. on Thursday, 9 December 2010 until after the parade ihe following
streets wall be closed to vehicular attic:

EAST STREET BETWEEN FREDRICK AND EAST

STREET

BANK LANE

FREDRICK STREET BETWEEN SHIRLEY STREET

AND WORIDES RODGERS WHARF

CHARLOTTE STREET BETWEEN WOODES
RODGERS WHARF AND SHIRLEY STREET

PARLIAMENT STREET BETWEEN WOODES
RODGERS WHARF AND EAST HILL STREET

TRAFFIC DIVERSION

BOTH SIDES

BOTH SITES

BOTH SIDES

BOTH SIDKES

BOTH SIDES

Vehscular traffic traveling north along Navy Lion Road will continue east along Woodes
Rodgers Wharl to East Street, south along Ease Sirect to Bay Stncet.

Vehicular trate traveling cast bound on Hay Street will be diverted south onto Market

Screet.

Vehicular traffic traveling north bound on East Strect will be diverted east on Hay Street,

Ellison dé”. Greenslade
Commissioner of Police.



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