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 ( sobekcm )
newspaper ( marcgt )
Spatial Coverage:
Bahamas

Notes

General Note:
Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.

Record Information

Source Institution:
University of Florida
Holding Location:
University of Florida
Rights Management:
This item was contributed to the Digital Library of the Caribbean (dLOC) by the source institution listed in the metadata. This item may or may not be protected by copyright in the country where it was produced. Users of this work have responsibility for determining copyright status prior to reusing, publishing or reproducing this item for purposes other than what is allowed by applicable law, including any applicable international copyright treaty or fair use or fair dealing statutes, which dLOC partners have explicitly supported and endorsed. Any reuse of this item in excess of applicable copyright exceptions may require permission. dLOC would encourage users to contact the source institution directly or dloc@fiu.edu to request more information about copyright status or to provide additional information about the item.
Resource Identifier:
09994850 ( OCLC )
9994850 ( OCLC )

Downloads

This item has the following downloads:


Full Text
poe

ota?



e

|
|
|
| LOW
|
t

| MOSTLY |

~~ SUNNY



ISX awais
Nitin,
bonds, Secon $100m BEC



S Allow Youp

ety to yoy

nh

| SS Pm lovin’ it. |

| HIGH 82F |
69F |

Volume: 103 No.288



i



i
i

ae awaiting

| EXchg - Seay.
melt eco: MST TE

Mas firms

BaP

secondary market
SSIS LE





BAHAMAS EDITION

WEDNESDAY, NOVEMBER 7, 2007








Former law firm of

Dion Foulkes blamed &
housing

for alleged

deal that went wrong

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

A CALL has: been:made for
Minister of Labour and Mar-.
itime Affairs Dion Foulkes to
resign after nine families
claimed they had been left in
severe financial straits by a
housing development that went
wrong.

Representative for the fami-
lies, Omar Archer, yesterday
blamed Mr Foulkes’ former law
firm for their plight, claiming
the developer had built prop-
erties without proper planning
approval.

But Mr Foulkes last night
countered his claim, saying his
company had done all that was
required of it.and was “totally
blameless” in its dealings with
the home-buyers.

“Their case is against the
developer,” he told The Tri-
bune. “I did everything in accor-
dance with the normal proce-
dure for executing mortgages
at banks.”

Mr Foulkes, along with for-
mer FNM candidate for St
Cecilia, Desmond Edwards,
represented Bahamians who
were seeking to secure loans to
invest in a proposed develop-
ment off Cowpen Road called
Stephen’s Close.

They have been accused of
failing to inform First






‘a

Dion attics

Caribbean Bank that the pro-
ject did not have government
approval and was without the
necessary infrastructure that
would normally be prerequisite
to loan approval.

“The bank was not alerted to
these issues by the lawyers and.
neither were the investors,”
claimed a source who described
the situation as a “comedy of
errors.”

This ultimately led to the
individuals being approved to
pay off loans of over $100,000
each in most cases for houses
that now stand partially com-
pleted and seriously vandalised

SEE page 10

HURRICANE INSURANCI












By A

Hew Proven fies Baha |
ua sei vee $0400










‘you can rest easy knowing
that you have excellent insurance

- coverage no matter which
way the wind blows.

Nobody does it better.

JF] | INSURANCE MANAGEMENT

) | (BAHAMAS) LIMITED. INSURANCE BROKERS & AGENTS

Alay

We (AD) A704



Blown
urricane








| Helter | a
BD 3308 Tel (242) 336-2304

| RESIS ESOT









a

A POLICE officer takes a
screwdriver from near to
the scene of yesterday's
murder.

) @ By KARIN HERIG
Tribune Staff
Reporter
kherig@tribunemedia.net



THE country’s murder
rate yesterday rose to 63
for the year when a 43-
year-old man was stabbed
to death with a screwdriv-
er in front of his home.
Police yesterday arrest-
ed a man and woman in
connection with two sepa-
rate stabbing incidents —
one of them ending fatally. ,
The first incident
occurred shortly before
6am yesterday, when
Theophilus McKenzie, 43,
was stabbed in front his
house in an argument over
a small amount of mon-
ey

















According to police, a
man in his early 30s came
to Mr McKenzie’s home
on the corner of East and
Fowler Streets, opposite
the Lucky Food Store No
3, to settle a money matter.
However, the two men
soon got into a fight and
Mr McKenzie was stabbed
multiple times in his chest
with a screwdriver.
Witnesses told The Tri-
bune that, after he was

SEE page 10



































outside of boundaries
voted in Pinewood

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

A LAND surveyor hired by
former PLP MP Allyson May-
nard-Gibson claimed to have
located 48 people living out-
side the constituency bound-
aries who voted in Pinewood
on May 2, while also telling
the court that there are inac-
curacies on the. official
Pinewood constituency map.

Stafford Coakley, a survey-
or with 49 years experience,
took the witness stand yester-
day under questioning from
PLP lead attorney Philip
‘Brave’ Davis, in front of
Senior Justice Anita Allen
and Justice Jon Isaacs.

Mr Coakley testified that
the streets on the south-east-
ern quadrant of the con-
stituency map are all one
street south of where they are
in actuality. A water treat-
ment system was placed in the

.



? Ye repute














Allyson Maynard-Gibson

area of Pine Street, he said,
and instead of extending Pine
Street as should have been
done on the constituency map,
it was lowered, placing it and
all the roads south of it, out of
place.

The witness also provided

SEE page 10

pee 1 fy

fo)

ni
i




Felipé Major/T ribune staff



Me
\ Quiznos

SANDWICH

Bernard Rd, Rouadabout (Selves Phra)

BG Major Gre Sarde Actapted
i

.rti‘(CtésC;«ié*COS

WMA AAKC

Call for Minister to resign

Man stabbed to tu ate SUR aNiUAL oy

First charges
in Ministry
of Housing

investigation

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

THE first in what, police

“expect to be a number of arrests * -_

in their Ministry of Housing
investigation has landed a
female secretary at the Ministry
of Youth, Sports, and Culture
before the courts:

Patricia Strachan, 54, of Tall
Pines, was yesterday charged in
Magistrate’s Court, Nassau

Street, with fraud by false pre- *

a

tences, forgery, and uttering a .~

false document. She denied the
charges.

This arrest and others pend-
ing are a result of a series of

investigative articles by The Tri- °.

bune on the ministry over the
past two years.

Pressured by the persistent
call for transparency over the
issuance of housing contracts,
former Minister of Housing
Neville Wisdom officially called
for the police investigation on
November 8, 2006.

Since then, police have con-
ducted a number of interviews
with contractors, housing

SEE page 10

Three Cuban
escapees are
still at large

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

THREE Cubans “risked their

lives” during an escape late Mon- ,

day night and are still at large
after breaking out of Carmichael
Road Detention Centre, the Roy-
al Bahamas Defence Force
revealed yesterday.

This recent escape marks the
second time in less than three
months that Cuban nationals
managed to break out of the
holding facility without being
apprehended.

RBDF officials confirmed to
The Tribune that an investigation
was underway. to determine
whether any of the guards on
duty were negligent in this most
recent escape.

According to a release issued

SEE page 10

~









+ Palinduale * Paridise fstand
* Oakes Feld

* Regent Contre (Freeport)

Not At Drive-Thru)













PAGE 2, WEDNESDAY, NOVEMBER 7, 2007

THE TRIBUNE



Salvation Army shipping
water to storm victims

THE Salvation Army is
shipping 600 gallons of water
and care packages to the
southern Bahamas to assist the
people there in the wake of
Tropical Storm Noel.

’ Major Lester Ferguson, divi-
sional commander of the Sal-
vation Army, said that his
organisation felt compelled to
help as many families as soon
as possible, especially with the
potential outbreaks which can
occur due to contaminated
water as result of the flooding
in those islands.

“Although we haven’t been

to Cat Island and Long Island
since the storm we’ve heard of
the devastation and we are
doing our best to respond to
what island administrators
have stated as resident’s great-
est needs,” he said.

In addition to the 600 gal-
lons of potable water, the Sal-
vation Army is also sending



.

\

_
Oe
.

100 cases of canned goods, 200:
buckets filled with cleaning
products, 500 mops and a small
supply of clothes to the affect-
ed islands in the southern
Bahamas.

“Our care package to Long
Island and Cat Island will
arrive on Wednesday and we
are also organising packages
to be shipped to Eleuthera and
Exuma by the end of the
week,” Mr Ferguson said. °

As Tropical Noel swept
through the Bahamas last

week, it left extensive flood-

ing and destruction in its wake
and claimed the life of one
man in Exuma;
Some areas in Long Island,
Cat Island and Exuma are still
underwater.
- Long Island was the worse
affected of all the islands, as a
record 15 inches of rain caused
hundreds of homes, businesses
and homes to be flooded.

CO

a
—

‘We’re still waiting
for our assessment
teams to come in’

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

NEMA officials are still conducting field
assessments throughout the Family Islands
most affected by Tropical Storm Noel and
have yet to submit a final report to the
government.

Assessment teams dispatched to Long
Island and San Salvador to compile
reports to be issued to the government
are scheduled to return to the capital
today, Crystal Glinton of NEMA told The
Tribune yesterday.

It is do to this fact, she said, that an
official report is not yet available on the
status of those islands. -

“We’re still waiting for our assessment
teams to come in. Once we’ve completed
the assessments then the government will
make a decision.

“You hear things back and forth but
we want our things documented so we’ll
be certain of the right steps and the right
decisions to make to be able to assist our
people.”

According to Sergeant Alexander Lar-
oda, officer-in-charge of the San Salvador
police station, residents there weathered
Noel’s passage relatively unscathed.

“There were no injuries, no major dam-
age, no loss of life — we basically suffered
just localised flooding.

“At this point most of the water has
already receded. Folks are getting back to

normal, getting back to their day-to-day
activities.

“We’re just now dealing with the pri-
mary school area (in Cockburn Town)
that is saturated with water.”

He added that on Sunday, Department
of Public Works employees were pumping
water from the primary school in Cock-
burn Town which was submerged in about
two to three feet of water as a result of
Noel’s torrential rain.

The Sandy Point and Sugar Loaf set-
tlements also received some flooding,

however residents reported to local offi-

cials that the water is already receding.
Electricity and water services are all

functioning and the airport and all major —

businesses are open, Sgt Laroda said.



THE Bahamas Agricultur-
al, Marine Resources and
Agribusiness Expo opens on
schedule despite the ravages
of Tropical Storm-Noel..

The expo is set to open at
11am tomorrow at the Glad-
stone Road Agricultural Cen-
tre.

“The response to the expo
has been excellent,” said
Bahamas Agricultural and
Industrial Corporation
(BAIC) consultant Benjamin
Rahming during a tour of the
facilities on Tuesday. “All the
stakeholders in New Provi-
dence are ready to go.

“Some of the Family
Islands, unfortunately, suffered
loss of livestock and crops

' from Noel. Their participation -
- will be limited.”

_ To be held under the theme:

~ ‘Promoting locally sustainable

agricultural and marine pro-

Sanpin Motors Ltd

‘Your

NISSAN & KIA DEALERS

Will Be CLOSED from1-3pm
Wednesday November 7th

To Honor Mr. Sidney Fox
Retiring After
28-1/2 years of
Dedicated and Loyal Service

The Sanpin Motors Family
Wish him well and want him to know
He will be missed.

From The Directors:
Mr. G. Wayde Sands,
Mr. Frank Pinder, Mr. Donald Johnson,
& Mr. Timothy Moses.





duction and consumption:
strengthening agribusiness’,
the expo will cover the full
scope of the Ministry of Agri-
culture and Marine Resources
headed by Larry Cartwright,

MP for Long Island and ,

Ragged Island.

Sponsored primarily by the
Ministry of Agriculture and
Marine Resources, the expo
has drawn support from
BAIC, Bahamas Agricultural
Producers Association, the
Inter-American Institute for
Co-operation on Agriculture
and others.

Patrons can expect exhibi- -

tions of prized livestock,
marine products, fruits, veg-
etables, root crops, processed

foods, drinks, ornamentals and —

souvenirs from throughout the
.Bahamas.

Participants will be invited
to play a part in topical dis-

y cussions and seminars to

explore solutions to some of
the challenges confronting this
sector, which have negatively
impacted the attainment of a
greater degree of national food
security and sustainability of

aS

Brand New single fami!

Summerville Acres is the perfect place
for raising your family within a secure
environment, with lush & landscaped

parks, petting a ate serene
vi

“family islan

Phase 1 Pre

age” lifestyle, in the
middle of the Bahamian capital.

the country’s natural
resources,

“We are capable of produc-
ing on par with many coun-

tries in the world,” said Mr

_Rahming. “For us‘agriculture

and fishing are major indus-
tries.

“An objective of the expo

is to showcase the best the
Bahamas has to offer in food

Construction

GOATS ENJOY dinner at the Centre on Cenent Road:

?

Expo still on schedule despite Noel




production.
“We all know that food
security is a major issue. The

Bahamas has the capacity to -

produce. We have the land for
it and we have the expertise.
“We have been producing

- all along and this expo should

demonstrate that we are capa-
ble of surpassing what we have
been doing.”

oo

Â¥ Large Lots sizes

‘Starting at 10,000 sq.ft.
(100' x 100")

Y Up to 16,000 sq.ft.
(120' x 135')

Hurry! Don't miss out! Call TODAY for more information.

Summerville Acres Ltd. (242) 328 4555





Photos:-Derek Smith/BIS



ane



THE TRIBUNE



© In brief

survivor to
speak to

A WELL-KNOWN holo-
caust survivor who suffered
torture at the hands of the
Nazis will be in Nassau later
this month to speak to school-
children about the horrors of
the Hitler regime.

Rose Price, 85, is expected
to give talks at seven local
schools:as part of her mission
to ensure the new generation
is aware of the holocaust,
which resulted in the deaths
of six million Jews during the’
Second World War.

However, her friend,
Angelique Roker-McDowall,
said her lectures would not
dwell on gruesome aspects of
her own experiences, but tell
the truth in simple terms. .

“She is a truly remarkable
woman who loves every-
body,” she added, “She radi-
ates love and has the energy

THE rate of new AIDS infec-
tions is once again on the increase,
Dr Perry Gomez has revealed.

Dr Gomez, director of the
National AIDS Programme, urged
Colinalmperial Insurance and
partner sponsors of the Red Rib-
bon Ball to continue raising funds
for the cause of HIV/AIDS pre-
vention and awareness.

Speaking at a press conference
to promote Colinalmperial’s
upcoming ball, Dr Gomez said
new HIV infections had declined
from 650 in 1990 to 250 in 2004,
but seem to be on the rise again
with 298 new infections in 2006
and 155 new infections to the end
of June this year.

“The emphasis must be on pre-
vention,” Dr Gomez said, noting
that heightened awareness and
prevention efforts, inflation and
the high cost of long-term treat-

ment and monitoring will require
increased contributions to the
AIDS Foundation.

Pledging continued commit-
ment to the fight against AIDS,
Montgomery Braithwaite, presi-
dent of Colinalmperial, said over
the past 13 years the Red Ribbon

Ball has raised more than $600,000 .

for The AIDS Foundation.

“Although we are very success-
ful it cannot happen without the
support of our community in gen-
eral. For those individuals who
have not yet got your tickets for
the ball I certainly invite you to
do so,” Mr Braithwaite said.

This year’s Red Ribbon Ball,
set for Saturday, November 17, at
the Atlantis Grand Ballroom, is
expected to raise a total of $50,000
to help the AIDS Foundation of
The Bahamas continue its latest
initiative to provide a home for

children who have been orphaned
as a result of HIV/AIDS.

Kerzner International, a major
partner sponsor of The Red Rib-
bon Ball for the past seven years,
was also represented at the press
conference.

Ed Fields, senior vice-president
of public affairs for Kerzner Inter-
national, presented the AIDS
Foundation with a cheque for
$25,000 and spoke to the power
of partnering in the fight against

“One thing has come out of this
whole exercise over the last seven
years and that is with partnerships
things can get better,” Mr Fields
said, expressing the hope
that Kerzner’s donation would
assist the foundation in
HIV/AIDS awareness/prevention
and the purchase of the children’s
home.

WEDNESDAY, NOVEMBER 7, 2007, PAGE 3

New AIDS infections
Taun are On the increase



RASHAD ROLLE,

Bahamas’ Junior Minister of
Tourism, represented the coun- |
try impressively at the 30th |
Caribbean Tourism Conference
in. Puerto Rico — bringing home
a third place finish in the Youth

Congress competition.

Rashad, who is a 16-year-old
student of Doris Johnson Senior
High School, was awarded a
personal computer and a $200
cheque at this year’s Youth
Congress, which is organised by
the Caribbean Tourism Organi-
sation (CTO) and sponsored by

UMNO moms otuCe elite
third prize from Puerto Rico

the

Rashad Rolle



of a young person.”

Mrs Price and her husband
will be in Nassau from
November 16-23. She is due
to speak at Kingsway Acade-
my on November 20-21 ::
(8.30am), and will be at other
schools on various dates dur-
ing her stay.

The courageous survivor of
Nazi atrocities has just com-
pleted a tour of Germany in
spite of having had a quadru-
ple bypass and heart valve
replacement.

There she met grandchil-
dren of some of her torturers
at concentration camps where
she witnessed some of the
worst excesses of the time.

During her incarceration at
the mercy of the Nazis, Mrs

Travel & Leisure Magazine.

Myfanwy Leggatt, of the Cay-
man Brac High School in the Cayman Islands placed second,
while Emerald Williams, of the Basseterre High School in St
Kitts won first place.

Rashad, who has ambitions of becoming a lawyer, is known
for strong showings in speech and debate competitions. +

He was the winner of the prized “Most Outstanding Speak-
er” award in the Ministry of Education’s 2006 National High
School Debate.

He was also the third place finisher in the 2007 Texaco
Road Safety Debating Competition.

In Puerto Rico, Rashad competed against 17 other high
school students.

They were challenged to discuss health and wellness
tourism and to suggest ways to increase intra-regional trav-
el.

In addition, they debated a mystery topic, which focused on
what was learnt at CTC-30.. :

Tim Clarke/Tribune staff

Price was buried naked in
snow up to her neck as part of
an experiment to see how
long it would take for her legs
to freeze. : ;

She will arrive in Nassau
with several copies of her
book, A Rose from the Ashes,
which describes her childhood
in Skarzysko, Poland, her lib-
eration from captivity and the
ups and downs of building a
new life in the United States.

Mrs Roker-McDowall said:
“At actime when some. peo-
ple afé tfying to deny the
holocaust ever happened, it is
important that survivors tell
their stories.”

Mrs Price has toured wide-
ly in trying to get over her
message. She has held audi-
ences captive for decades.

Readers of her book, which
has been described as an epic
story, have been most
impressed by her spirit of for-
giveness. i ‘ y

One reviewer wrote: “I was
very inspired by her ability to
forgive. I hope to become
more forgiving myself.”

WestJet begins
direct flights
from Canada to
the Bahamas

THE Canadian airline
WestJet’s has officially begun
its new seasonal non-stop ser-
vice to the Bahamas.

The service is an example
of how the attractiveness of
the nation as a vacation desti-
nation continues to entice
major air carriers to it shores,
Minister of Tourism and Avi-

BRENT CRUDE oil prices reached new eine at $97 a barrel on Tuesday

Rise in cost of crude oil
could push up gas prices

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

INTERNATIONAL
reports indicate that the soar-
ing prices of crude oil may
lead to sharp increases in gas
prices over the next few
months — spelling bad news
for motorists in the Bahamas.

Brent crude oil prices
reached new heights at $97 a

barrel on Tuesday following ~

bombings in Afghanistan and
an attack on a Yemeni oil



pipeline, it was reported.
Severe weather forecasts
for the North Sea, expecta-
tions that domestic crttde
supplies felllast week and
the weak dollar all con-
tributed to the latest move
upward, the Associated Press
reported yesterday.
Analysts at home are spec-
ulating that this recent hike
in crude oil prices will con-

tribute to increased fuel .

charges at local gas stations.
“The (gas) prices here are
going to rise, more than like-



ly. There’s no indication of
prices going down, going
under four dollars, anytime

‘soon,” Jason Johnson, a price |
‘controller at the governmen-

ts Consumer Affairs Divi-
sion told The Tribune yester-
day. ‘

He said that up to press
time yesterday fuel prices in
The Bahamas stood at:

e $4.51 a gallon (gasoline)
$3.95 a gallon (diesel) at Esso
stations

e $4.30 a gallon (gasoline)
$3.75 a gallon (diesel) at Tex-
aco stations

¢ $4.36 a gallon (gasoline)
$3.86 a gallon (diesel) at
Shell stations

Mr Johnson remarked that

he had never seen fuel prices:

rocket as high as they have
for the year so far.

He said he also expects
that when the nation’s fuel
providers submit their
reports to Consumer Affairs
in the coming weeks, they
will ask for a price increase.

Attempts were made to get
a comment from Minister of
State for Utilities Phenton
Neymour, but he was in Cab-
inet yesterday and could not
be reached up to press time.

TROPICAL



are proud to present their

Srnual ,

in aid of

The Bahamas

Humane Society

Tuesday

27th November, 2007

at the

British Colonial Hilton

12 noon - Cocktails
I p.m. - Luncheon/Show

Valet Parking Available

ame ates
adi b qaeet

EXTERMINATORS
eM

Tickets at Cole’s of Nassau
on Parliament Street
Tel: 322-8393, 328-7157

Donation
$60.00 per person

ation Neko Grant said.

“We are impressed by the
fact that in conjunction with
pioneering low-cost high value
flying in Canada, WestJet has
built an enviable reputation
during its 10-year history for
exemplary customer service}
on its modern fleet,” Minister | :
Grant said during.a press con-
ference following the airline’s
inaugural flight from Calgary,
Alberta.

“This combination of low
fares and quality service will,
we believe, serve The
Bahamas well, as we seek to
enhance our position as the
destination of first choice for
warm-weather vacations,” he
added.

Founded in 1996, WestJet
serves 38 destinations with a
fleet of Boeing-Next—Genera-
tion 737 jet aircraft. It will
offer nine weekly flights from
Toronto and Calgary.

Minister Grant said the
number of flights is expected
to grow to 12 weekly flights
by February 2008 with addi-
tional departures from Hali-
fax, Nova Scotia and Hamil-.
ton, Ontario.

“Tf the airline’s 80 to 90 per-
cent load factors on its cur-
rent Toronto/Nassau service
are any indication of what we
can expect, The Bahamas can
look forward to healthy book-
ings on this new route, pro-
vided the services perform up
to.expectations,” he said.

PHONE: 322-2157





OPPORTUNITIES FOR
el CST MOT Hash

——SOAutt Education
Worship Service
=~ Sponsn sence...
Evening Worship Service .....
~ WEDNESDAY at 7:2

_ Selective Bible Teaching -
Royal Rangers (Boys Club) 4-16

S Missionettes (Girls Club} 4-16 Vis

FRIDAY at 7:30 p.m. -

a Youth Minisity Meeting / -
RADIOMINISTIRY =
Sundays at 8:30 a.m, ~ ZNS 1 - TEMPLE TIME |

_ Visit Our Book Store: TEMPLE BIBLE & BOOK SUPPLY _
| : Assembly Of God a

TUM UM CU ELAR Monell
Tel: 322-8304, Fax: 322-4793. P.O. Box: N-1566
ue evtemple@batelnet.bs Web: www.evangelistictemple.org



3 pc Queen Post Bed
1 pe Dresser

1 pe Mirrors

2pc Niel lates

1 pe 5 Drawer

Financing Available Thre
MOclU TONE MAN SEL

Solid Wood







PAGE 4, WEDNESDAY, NOVEMBER 7, 2007 THE TRIBUNE



EDITORIAL/LETTERS TO THE EDITOR

The Tribune Limited | Dealing with —
problems in «



Being Bound to Swear to The Dogmas of No Master
LEONE. H. DUPUCH, Publisher/Editor 1903-1914

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

' Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

+

Publisher/ Baier 1972-

Published Daily Monday to Saturday

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

TELEPHONES.
_Swlichboard (News, Circulation and Advertising) 322-1986
1... Advertising Manager - (242) 502-2352
Circulation Department - (242) 502-2387
Nassau Fax: - (242) 328-2398



\ Freeport, Grand Bahama: 1-(242)-352-6608
3 Freeport fax: (242) 352-9348

In China, better rich than red

THE VIEW across the river at the sky-
scrapers of Pudong, where only muddy fields
had existed 20 years ago, or the sight of jolly
crowds of Chinese tourists carousing in the
impossibly quaint streets of Lijiang in the
hills of Yunnan, called to mind the once-star-
tlingly revolutionary slogan that changed Chi-
na: “It doesn’t matter the colour of the cat as
long as it catches mice.”

The phrase, attributed to Deng Xiaoping,
was revolutionary because it directly contra-
dicted Mao Zedong’s dictum “better red than
expert.” The old devil Mao had unleashed
countless ideologically driven campaigns that

‘| had brought China to its knees. Being red

was what was important, not whether you
knew anything. :

What Deng did with his cat analogy was to
Teel back ideology in favour of practicality, to
take human nature as he found it rather than
trying to create a perfect socialist man, cul-

- minating in another of his aphorisms: “To

get rich is glorious.” ”

And many Chinese have done just that.
According to press-reports, China now has
106 billionaires, ‘second only to the United
States. There were none in 2002. During the
recent party congress, the Chinese press and

"television repeatedly claimed that China had
“the world’s third largest economy, after the
‘United States'and Japan: Twenty years ago it

"ranked 29th.

Before he ‘came to paramount power 30
years ago, Dear had been purged twice for

. being an“unre ting capitalist roader.”
-. ‘Today; one ae

have to say that’s just what
he was. “Build socialism with Chinese char-
acteristics,” Deng said. But it is hard to see
‘where the socialism fits in anymore, now that
a market economy is in force. Gone are the

- blue-suited masses who had to kow-tow to

“Mao. Thought” in an Orwellian state.
Income is certainly not equally distributed.
The glitz and glamour of the new Shanghai
sharply contrast with ox-drawn wooden plows
in the countryside.

If anything, socialism means the control
of the Chinese Communist Party. Deng, no
democrat, feared China might disintegrate
as did Mikhail Gorbachev’s Soviet Union ,
even though Deng recognized, even before
Gorbachev did, that communism was imprac-
tical. But he equated democracy protests with
chaos, and he had seen enough of that in the
Cultural Revolution. “Our people have gone
nen a cea of suffering, ” he said, and

PUBLIC NOTICE

“cannot afford further chaos.” Deng may
have said that “socialism and a market econ-
omy are not incompatible,” but he also said
“socialism does not mean shared power.”

The rising political expectations that fol-
lowed Deng’s economic and social‘ reforms
were squashed in Tiananmen Square 18 years
ago. And any perceived challenge to state
power is just as ruthlessly suppressed by
Deng’s successors. But for all of that, the last
20 years have been the best China has had in
the last couple of centuries. China’s rocket to
the moon seemed timed to crown last mon-
th’s party congress, and its plans for the
Olympic games seem like the preparations of
a debutante to celebrate her coming-out par-
ty.

Yet China’s leaders seem as desperate to
keep the tag of socialism attached to their
society as American politicians are to avoid
the socialist label when they discuss plans
for national heathcare and the like.

It was unavoidable in a country so huge
that China’s problems would be outsized too.
Extreme pollution stalks its cities and rav-
ages the countryside. Rapid changes are
unsettling society, lack of regulation is hurt-
ing its exports, and its demand for com-
modities to fuel its driven economy is affect-
ing the markets of the world.

An interesting phenomenon is China’s
efforts to virtually acquire Africa. Chinese
interest in Africa goes back to Zhou Enlai’s
efforts in the 1950s. But recent investments in
a continent that so much of the rest of the
world has written off as hopeless has little
to do with ideology, and everything to do
with business.

China has no interest in Africa’s politics, it
was explained to me by a Chinese academic.
What China wants is Africa’s commodities
and hopes to enter into a mutually beneficial
relationship with Africa to get them.

Chinese wonder at the Bush administra-
tion’s zeal to promote democracy, even by
force — prompting a Chinese friend to say
that there were only four ideology-driven
countries left in the world: Cuba, North
Korea, perhaps Iran, and the United States.
Desire for a more representational form of
government may still beat in China’s breast,
but for the moment China’s energies are con-
centrated on catching mice.

(This article was written by H.D.S.
Greenway of The Boston Globe - c. 2007).



INTENT;

» Bahamas . intend to. change my name to CHARLES

no later than mney om ears after the date of publication of this
notice.



NAME BY DEED POLL

The Public reds waa that |, EXANDER
LYNES of the Western District in the Island of New Providence,



If there are any objections to this
change of name iy Deed Poll, you may write such objections
to the Chief Passport Officer, P.O.Box N-792, Nassau, Bahamas

PRY
Sn RNS NBR diag

mT

14.8 Cube

$650.00

18 Cube
$720.00

21 Cube
$962.00

be EINAME ING AT THE BANK OF YOUR CHOICE
When it comes to quality We Don't Compare!

[OILY V-W e d od a ea

Visit our showroom at Quality Auta Sal:

justice system

EDITOR, The Tribune.

I PRESUME that the sta-
tistics shown in The Tribune
of October 29, 2007, on bail
granted between 2001-2007
are official?

Bail is granted to those
charged with murder, rape
and armed robbery under
strict conditions, however
what is not shown in these sta-
tistics is how many persons
obtained bail as a result of the
process of applying for bail as
a result of being incarcerated
for more than five years and
appealing to the Supreme
Court.

Taking these statistics you
conclude that the big rise in
the grants of bail in 2004-2005-
2006 and 2007 are a direct
result of persons being held
at Fox Hill on murder-rape
and armed robbery occurring
in the previous five years so
in 2000-2001-2002 (The FNM
were Government in that peri-
od).

Who shot John politically is
not going to resolve this annu-
ally growing problem.

Last week we heard for the
first time that someone was
alleging that there is a consti-
tutional limit on the number
of Supreme Court Justices -
read Chapter VII part (1) arti-
cle (2) The Justices of the
Supreme Court shall be The
Chief Justice and such num-
ber of other Justices as may be
prescribed by Parliament —
so Parliament controls the

eg N eee

letters@tribunemedia.net



number justices and there are
no limitations — so Mr Ingra-
ham if our system needs 20
justices hire them, no more

excuses and laying the blame ,

where it isn’t.

The justice system has to
have a “termed-system” built
into it...so many weeks after
a person is charged, their cas-
es will be heard 21 days after
sentencing to appeal — 26
weeks after the appeal has to
be heard, etc, etc. Is it so dif-
ficult for an Attorney Gener-
al to understand a simple
management matter as this?

A warning to parents —
guardians, etc, know where
your children are going this
Halloween, there are people
out there wanting to injure
your children and rob them.
Police — community police
you have the transportation
so there are no excuses get out
in the communities and patrol
throughout this week 24/7.

J. WILLIAMS,
Nassau,
October 29, 2007.

(At one time no one
charged with murder could
get bail. But in those days
cases of murder were disposed
of within a court session, and
the court calendar was
cleared. However, crimes —

especially murder — have
increased and the courts have
not been able to keep up. Cas-
es are piling up, and, until
now nothing has been done
to relieve the situation.

(As the case load worsened
it was decided that no one,
including those accused of
murder, could be held in
prison for more than five
years. Five years then became
two years and so today we
have about 114 persons
accused of murder — pre-
sumably jobless — walking
our streets on bail.

(However, it has just been
drawn to our attention that
some of these persons are not
even being held for two years.
On October 30, a person
accused of a most brutal mur-
der in broad daylight and
before witnesses, was released
on bail by the Supreme Court.
The murder of which he was
accused was committed on
August 19 last year. Today
the young children and par-
ents of the victim cower in
fear behind closed doors. This
is not right. This is not fair to
this family, nor is it fair to
the community. If we have
justices on the bench who are
so insensitive to people’s secu-
rity, then legislators will have
to give urgent attention to
limiting the discretion
allowed the Supreme Court
in granting bail.

(In this particular case the
public is owed an explana-
tion. — Ed).

Congestion after
traffic accidents

EDITOR, The Tribune.

HAVE you noticed that when there is a seri-
ous traffic accident, although there are many
police officers on the scene, absolutely none of
them seems interested in the traffic snarl and

congestion that results.

Place Marathon Road today, Thursday,

not interested in you, they detour the traffic
and walk as far away from the congestion that

they can, or so it seems.

Not because of the seriousness of the acci-
dent, but there were at least two police stand-
ing around doing absolutely nothing, who

should have been detailed by the Traffic Offi-

October 25, 2007 pm....a motor cyclist seems to er.

have been involved in a serious accident, so
Marathon was detoured from the first junc-

tion into Marathon Mall on the eastern side to

the first junction coming from Marathon traf-

fic light.

Enjoy motorists because traffic police are

PRE-OWNED
CARS & TRUCKS

For the best deal _in town on
pre-owned cars, with warranty!

NOW IN
STOCK

‘99 SUZUKI GRAND VITARA
03 SUZUKI BALENO
(04 SUZUKI IGNIS
‘95 TOYOTA AVALON
‘98 HYUNDAI ELANTRA Best offer
"00 HYUNDAI ACCENT
‘00 HYUNDAI GALLOPER
01 HYUNDAI COUPE
‘04 HYUNDAI SANTA FE iy

Very low mileage, very clean

‘O06 HYUNDAI ELANTRA Very clean
‘06 HYUNDAI TUSCON GLS

a

port} Ltd far similar deals, Queen
or Aboce Motor Mall, Don MacKay Blvd, 367-2916

Nassau,

J. MOORE,

cer (in khaki) to Traffic Control duty, but nev-

Sorry we have so much to go as to traffic
control and security control.

October 25, 2007.

THe eee Ministry has the

whole labour
scene wrong

EDITOR, The Tribune.

YET again the Ministry of
Maritime Affairs and Labour
have the whole labour scene
wrong — they call a seminar
and don’t invite the majority
of the employed who are not
unionised and questionably
give substance and credence
to the minority, the trade
unions.

How many people are
actually fully paid-up mem-
ber of a union?

What happens in labour
relations is very simple — if
you have numbers you can
bring considerable pressure
on the sitting government
through removal of your
labour or demonstrations
totally different for those in
the private sector whovare
not unionised and therefore
the Government basically
disregards them as unessen-
tial.

“A classical case is that of
the group of retirees from an
European Financial Services
Trust Company who have
been fighting for their rights
arising out of the removal of
their retirement benefits by
their employer. The Ministry
of Labour has no interest as
tnose people have no impact

on politics so who cares
about them?

Minister Foulkes, you are
making a serious mistake for-
getting the majority of the
non-unionised, honest-to-god
employees as if they have no
constitutional rights.

It is these employees the
government should be
embracing as examples of
good employees who negoti-
ate and work hard and are
extremely loyal to their
employers.

When last did you hear of a
non-union strike or removal
of labour from a work force
that is not unionised?

Kerzner casino employees
— the highest law in the land
is the constitution — by
refusing to hear the applica-
tion of casino employees you
as the minister in the gov-
ernment you participate in is
removing the solemn right of
associationship — a denial
which is in violation and con-
tempt of The Constitution —
I thought there was a matter
of TRUST in the Ingraham
Government?

T. HANNA
Nassau,
October 22, 2007.



TRIBUNE

- In brief

Aeen beeen aeeceaneeernaeeueeesenseeeaeeneneneeseeweeeepaseeeeenee

Olympics boycott call

Coroner's inquest
orders restudy
of Woolmer

@ KINGSTON, Jamaica

TOXICOLOGY samples |

from the stomach of Pak-
istan coach Bob Woolmer
will be re-examined |
because experts disagree
on whether poisoning was
a factor in his death at the
Cricket World Cup in

March, a coroner presiding’ :

over an inquest said Mon-
day, according to Associat-
ed Press.
_~A British expert who
analyzed toxicology tests
testified at the inquest last
week that no traces of a
potentially deadly pesticide
-was found in the samples,
contradicting Jamaica’s
government pathologist,
Dr. Ere Sheshiah, who
insisted the coach had been
poisoned by the pesticide
cypermethrin and stran-
gled. .
Sheshiah’s findings have
been criticized by foreign
doctors who concluded

- Woolmer died from natural

- causes, most likely heart
disease. Woolmer, 58, was
found unconscious in his
Kingston hotel room on
March 18, a day after his
Pakistan team was elimi-

nated from the Cricket
“World Cup by Ireland.
- Coroner Patrick Murphy
consented Monday for fur-
_ther tests to be conducted
-on the samples. The addi-
tional testing was request-
ed by the lead investigator,

“Deputy Commissioner of
Police Mark Shields, who
said arrangements are

. being made for the samples

-to be retrieved from Lon-
don as well as Jamaica’s
government forensic lab.
~ The re-examination and
further analysis of the sam-
ples is to be done at the

”- University of the West

Indies. in. Jamaica. Murphy
ordered that the retesting
be completed by Nov. 12.
In testimony at the

inquest, British forensic

- specialist John Slaughter
said urine and blood sam-
ples showed no sign of poi-
sonous substances.

~ $torm survivors

in Haiti say
government has.
abandoned them

@ PORT-AU-PRINCE, Haiti_ :

RESIDENTS of a notorious :
Haitian slum lashed out at local :
authorities Monday for aban- :

. doning them in the recovery }
from Tropical Storm Noel, and :
said U.N. troops and Haitian :

. Officials failed to protect one }

- shelter from marauding gangs, :

~according to Associated Press.

Protesters blocked roads and :
burned tires on the outskirts :
of Cite Soleil to demand the
‘government clean up after the :
storm’s heavy rains triggered :
flooding that killed 148 people :
in the Caribbean and left tens :

of thousands homeless.

“Evacuees who spent four }
days in the overcrowded :
‘National School under U.N. :
protection said international }
troops abandoned the school :
Friday, leaving them defense- :

~ Jess against outside criminals :
who robbed them in the dead

of night.

U.N. spokesmen said the :
... shelter was turned over to :
-“ Haitian authorities shortly after :
sundown, and that Friday’s :
_incident was a fight over food :
‘by evacuees who had not been :

~ fed all day.

But evacuees said Haitian
authorities never arrived; that ;
they were left alone in the }
school without a generator and :
that the attackers came from
outside the shelter. A spokes- }
woman for the Haitian civil ;
protection department did not :
..-yeturn numerous phone mes- ;

‘sages Monday. .

“Jt was pitch black, and a :
bunch of men ran in. I was :
lucky. I just took my daughter ;
and ran out,” said Sheila Jean, :
29, who said the men stole a :

« blanket she had been given by :

soldiers:

— a SERVICE

Fertilizer, Fungicide,
I MAY OO) ERODE
fii er Mee CML re hed

322-2157



- point.”

WEDNESDAY, NOVEMBER 7, 2007, PAGE 5



Te

CONTROVERSY AS BIBLE BANNED FROM ATHLETES’ VILLAGE

among prohibited objects for “security reasons”, with
athletes banned from bearing any kind of religious
symbol at Olympic facilities.

A Spanish newspaper cited the move as one of many
“signs of censure and intolerance” towards religious
objects, particularly those used by Christians in China.

The Games, due to open in August next year, are
expected to. one of the best Olympics ever.

The Bahamas, with several star athletes, including the
phenomenal high-jumper Donald Thomas, is expected
to feature prominently on track and field.

“Jam calling for the Bahamas to boycott the
Olympics.

“As asmall nation, we should exercise our Christian
principles and stand firm for our beliefs.”

Mr Carey, a Catholic, stressed that he was opposed to
the Chinese stand on the Bible primarily. because it
denied people’s rights.

His call came after Olympics organisers published a
list of prohibited objects in the Olympic Village where
athletes will stay.

To the surprise of many, the Bible was included

THE Bahamas was last night urged to boycott the
Olympic Games in Beijing next year after the Bible was
yesterday listed among “forbidden” objects in the ath-
letes’ village.

Mr Peter T Carey, manager of BAIC’s business ser-
vices department, called for the Bahamas to stand up
for its Christian principles by withdrawing from the
Games. ;

“T am not a fundamentalist Christian, but I think
this is something that goes against the rights of people,”
Mr Carey told The Tribune.




ed by American Eagle/Ameri-
can Airlines, together with a
five night stay at the Paris
Hilton donated by the British
Colonial. “Additional trips to.
be won include accommoda-
tions at the Four Seasons Hotel
in Exuma; a five night stay at
Breezes, Jamaica; the Rock
House} Harbour Island, and a
three night stay at the Cove,
Atlantis.

Corporate sponsors of the
fundraiser include: the Bank of
the Bahamas, Ansbacher Bank,
S G Hambros Bank and Royal
Bank of Canada. The raffle °
prizes include donations from
Bahama Hand Prints, Bacardi,
Graycliff, Gucci, John Bull,
Lucianos Restaurant, Versace
and the Sports Centre.

There will also be a silent
auction featuring tickets to

annual Bahamas
Humane Society Thanksgiving
Ball will take place this Satur-
day, November 10 at the British
Colonial Hilton, organisers
announced.

They said the ball, which is
being held under the patronage
of Governor General Arthur
Hanna, raises funds for the
“necessary and compassionate”
work undertaken by the
Bahamas Humane Society.

This year, the event will fea-
ture a five course gourmet meal
accompanied by the music of
the Lou Adams Orchestra and
Modern Vintage.

Graham Beck wines and Fiji
water donated by Bristol Cel-
lars will accompany the meal.

“An exciting in-house raffle
features a grand prize of two
first class tickets to Paris donat-

Furniture store rebranded

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

FREEPORT - After 10 years in business, the
Furniture Outlet has officially changed its name
to Furniture Plus, and has launched an interactive
website for customers. ‘

The te-branding has allowed Furniture Plus to
expand nationally outside of New Providence to
the Family Island with a second location in Grand
Bahama.

Scott Ferguson, general manager of Furniture
Plus Grand Bahama, is excited about the re-
branding. “There has been a lot of work to get to
this day, said Mr Ferguson. The store has been
repainted a bright red, all our signs have been
changed and we’ve decorated for the holidays, our
staff has been fantastic in helping us get to this

S313

Wimbledon for 2008, designer
jewellery from John Bull, anda
day of golf at the Ocean Club.

Bahamas Hot Mix CO.,Ltd.
P.O. Box CB-10990

Fax (242) 377-2193

Nassau, Bahamas

Pavement Supervisor













- Experienced in production & Laying of HMA to,
International Standards.
- Estimating, tendering and soliciting work for BHM
- Managing projects form award to completion
- Health, environment and safety management of projects.
assigned to you. %
“f+ Preparing and implémenting method staténtiems for the
We Oworks: © Sing oe, Sige Pea ae Ee OO
- Keeping’ accurate daily record sheets 9 cere "
- Managing the workforce :
- Managing the equipment and ensuring proper maintenance
of equipment on the job sites 4
- Efficient scheduling and cost management of work.
managing the materials, ensuring minimum wastage

2
aS













EXCITED: Pictured (left to right) are Scott Ferguson,
MPKenneth Russell and Troy d’Arville, owner of Fur-
niture Plus in New Providence.

sau, located in the Town Centre Mall. Mr Fer-
guson said the re-branding of the store in Grand
Bahama means that residents will now have
access to additional furniture lines, appliances



Experience Project Supervisor Requirement

- Specialized in highway Engineering, trained in health, safety



Mr Ferguson and his wife, Victoria, opened
the Furniture Outlet in October 1997 in the Sham-
rock Building. The couple began their furniture
careers in Grand Bahama in 1995 when they pur-
chased the Value Line, which was later relocated
and named Furniture Outlet.

The Fergusons have more than 50 years of
combined experience in the furniture industry.

A number of persons were invited to the official
re-branding and 10th anniversary of Furniture
‘Outlet on Saturday, which marked a special day
for the Ferguson and d’Arville families as their
two companies came together to create a nation-
al brand for the Bahamas.

Troy d’Arville opened Furniture Plus in 1988
with his father. Now he and his wife, Krystynia
Lee d’Arville, run and operate one of the leading
furniture, appliance and electronics stores in Nas-






CHEVROLET

$} SUZUKI HYUNOA



C&P TOYOTA

and even electronics.

He said that Furniture Plus’ interactive website
(www.furnitureplus.com) allows customers.to
apply online for credit, view products, ask ques-
tions, plus receive email notifications about sales
events, and even apply on line for career oppor-
tunities. Sarah Kirkby of Barefoot Marketing
said that in celebration of the merger, Furniture
Plus will give away more than $50,000 in gifts and

prizes, including more than $10,000 in $100 gift |

certificates.

Krystynia d’Arville, co-owner and marketing
director for Furniture Plus Nassau, said they are
very pleased to have a sister store in Grand
Bahama. “Troy and [ are thrilled ... we like the
Ferguson’s are seeing the growth on this island
and are only expect greater growth,” she said.















































& site appreciation 15 years expereinced, must be

experienced in managing multi million dollar road project

f - Set up & control of traffic

- Responsible for all aspects of running earthworks

- Responsible for training & managing staff

- Liaise with engineers

- Responsible for all safety, health & environmental risk
associate with project

- Prepare weekly productivity and efficiency report

- Report to management on Project.

Fax resumes to: 242-377-6351
Nassau, Bahamas



COMMONWEALTH BANK

pontine i ecemret eee Leek
MSHA TR Utena)
NYLON ALAA CLeT olmsT ie CENT ee Les
& Advantage Insurance
(special discounts offered)

> 2007/2008 models hot
off the lot!

> Dealer Rebates

Saturday, November eis




on the lots of:

ean eet

>Executive Motors > Nassau Motor Co. > Quality Auto Sales





.

PAGE 6, WEDNESDAY, NOVEMBER 7, 2007



THE TRIB,





What’s at stake in Freeport

HE '};Gity 3 of
Freeport is one of
the world's last
company towns.

And a group of Bahamian

"licensees" are fighting to bring
accountability and transparen-
cy to the Port Authority — a
private franchise with enormous
value for the country as a whole.

Freeport's origins go back to
1955, when the government
leased 80 square miles of wilder-
ness for next to nothing to an
American named Wallace
Groves who had been running a
lumber operation on the island.

In return, Groves undertook
to turn uninhabited Hawksbill
Creek into a deep-water port



“The Hay-
ward and St
George fami-
lies are fight-
ing among
themselves
over the
spoils.” -

Chris Lowe



and carve a new township out of
the pine barren. That land grant

was later increased to about 200 ~

square miles, and the compre-
hensive tax exemptions extend-
ed until 2054.

The Hawksbill Creek Agree-
ment between the government
and Groves gave the new Grand
Bahama Port Authority the
right to plan, develop and
administer the city of Freeport,
as well as to license persons and
businesses to operate there. The
agreement also had a safety
clause that would return the
land to the government if the
development failed.

But since 1978 when Groves
sold out, Freeport's land, and

most of the important compa-
_ Ales, have been essehtiatly
“owned by two familie? 229 the

Hayward's and the St George's.

They hold all of the assets in a
clutch of offshore companies,
which are subject to no public
oversight.

Sir Jack Hayward's father, a
British millionaire, had acquired
a 25 per cent share of the Port
Authority in 1959, And Sir Jack
ater hired an expatriate lawyer
named Edward St George as his
right-hand man. St George
eventually became Freeport's
uncrowned king and fixer.

In addition to land sales in
the Port area, the two families
derive income from business
license fees and service charges
(a form of real estate tax), as
well as revenue from a wholly
owned water company and

’ shared revenue from the har-

bour, a major shipyard, the air-
port, the power company, the
waste management company,
Port Lucaya (a waterside shop-
ping centre) and a few other
‘assets’.

To give an approximate idea
of the worth of these assets, the
sale of 50 per cent of just some
of them recently raised $80 mil-
lion. Of course, continuing
maintenance and major expen-
ditures are required from time
to time for infrastructure but
this can be performed (or not) at
the whim of the families.

So are there any constraints

as to what these families can do? -

Apparently not.

As a private company the
books of the Port.Authority are
closed, and since the govern-
ment derives substantial rev-
enue from Freeport it seldom
rocks the boat. Anywhere else
in the world there would be an
elected mayor and council, pos-
sibly a city manager, and public
scrutiny of revenues and expen-
ditures. But not so in Freeport,
despite the fact that it has a pop-
ulation of some 50,000 (includ-
ing outlying settlements).

And the citizens who are
most affected by the actions of
the Port owners have been
almost mute. Only once in the
50-odd years that the GBPA has
been in existence has there been
a backlash, and that was in the
so-called ‘licensees revolt’ of the

“late 1960s, which:was aimed
“mainly at: the government's
_Testrictive immigration policies. .

Over the last 30 years Hayward



and St George have successfully
"managed" relations with suc-
cessive governments to avoid
controversy.

Sir Jack is now in his 80s.
And after St George died in
2004 the two ruling families
became locked in a bitter strug-
gle for control of their cash cow
—the GBPA and its associated
companies. A rough estimate of
the value of these companies is
said to be in the region of $200
million, which should give
Freeporters something to pon-
der next time they have to pay
their light bill.

Now, the unseemly chaos at
the Port has spurred a group of
some 100 Freeport licensees to
pursue legal action against both
the Hayward and St George
families.

They have filed actions seek-
ing discovery of information and
asking for an independent pub-
lic trustee (rather than a receivy-
er) to be appointed to run the
Port. The Chief Justice is expect-
ed to decide on a court date lat-
er this week.

"The Hayward and St
George families are fighting
amongst themselves over the
spoils," explained Freeport
Chamber of Commerce chief
Chris Lowe. "The licensees are
questioning the very validity of
the families holding those assets.
For the sake of posterity all of
this needs to be sorted out and
Freeport needs some straight-
up municipal government. No-
one knew anything about the
inner workings of the Port until
the shareholder dispute arose
after St George died."

[ses say that all this cre-
ates a huge dilemma for
the government, which does not
want to be seen as. intervening
heavy-handedly in private enter-

~ prise; abrogating the Hawksbill’ !
Creek Agreement or pre-empt-

ing the courts. Yet Freeport's

Smart is Exciting

THE ALL NEW 2008 FORD ESCAPE

All New

2008 Ford ESCAPE XLT
Fower-fully fun to Drive 2.3 L 4
cylinder engine with. automatic
transmission, power windows, locks
& mirrors, dual air bag, alloy wheels,

running boards.

Make the SmartChoice!

COO



PART OF YOUR

Available at

FRIENDLY MOTORS CO LTD;

THOMPSON BOULEVARD ° TEL.: 356-7100 » FAX: 328-6094

BmartOnadlor



EMAIL: friendlymotors@hotmail.com ¢ WEBSITE: friendlymotorsbahamas.com

TOUGH CALL

Ww_ARRY SMITH



franchise is so important to the
welfare of Grand Bahama and
the country as a whole that it is
very difficult for the government
to take a completely dispassion-
ate approach.

The vitriolic and very public
legal and personal dispute
between the ruling families has
led to a deterioration of
Freeport's general business cli-
mate.

And observers say that none
of the younger members of
either family has the interest or
the capacity to lead Freeport
into the future. A general view
among insiders is that the Hay-
wards and St Georges have
squandered too much goodwill
and both should sell out in the
interest of the nation.

As Prime Minister Hubert
Ingraham put it, "Economic
development in Freeport
requires collaboration between
the public and private sectors,
most particularly with the Grand
Bahama Port Authority.

“(We) look forward to an ear-
ly settlement of matters which
now serve to distract the princi-
pals of the Port Authority from
the business of the Port Author-
ity and hence the business and
further development and growth
of Freeport."

Those matters clearly refer
to the ongoing dispute between
the ruling families. .

And it is indeed a high-stakes
game. Not only is Freeport the
Bahamas' second city and the
only planned community in the
country, with the potential to
accommodate a population of
half a million. But there are
major industrial investors on the
island who could make or break
the Bahamian economy.

The key example is Hutchi-
son Whampoa, a Chinese con-

‘glomerate that acquired some

of the Port's assets a decade ago
and now operates a major con-
tainer hub at Freeport as well

as the Our Lucaya resort com-
plex.

And. growing interest by
global shippers in Freeport's
geographic and tax advantages’
has spurred development
of a new 750-acre entrepot

- adjacent to the container termi-

nal.

A sexist Grocers of
Florida recently

opened an'‘$8 million warehouse
there, with plans for major
expansions in a joint venture
with the Chinese investment
trust, CITIC. Should this mate-
rialize (sources say the deal has
already been signed and is
awaiting government approval),
Grand Bahama could become
one of the largest goods distrib-
ution hubs in the world.

In fact, Hutchison is one of
two potential buyers of the Port
Authority and its assets.

The other is the London-
based Fleming Family & Part-
ners, a firm which descends
from famed Scottish financier
Robert Fleming and portrays
itself as one of the leading
wealth manager for the world's
richest families — including the
Cayzer shipping dynasty. James
Bond creator Ian Fleming (who
died in 1964) was a prominent
member of the family.

Hutchison's bid has problems
because critics say it is seeking
to establish a western hemi-
sphere shipping hegemony as a
proxy of the Chinese govern-
ment, and looks upon Freeport
simply as a "50-year land bank
close to the eastern seaboard of
the United States."

It is reported that a top
Hutchison delegation met with
Prime Minister Ingraham with-
in the last'several weeks to dis-
cuss the sale of Freeport.

The Fleming Group consid-
ered investing in Freeport dur-
ing the early 1990s, but after due
diligence backed off because of
the Port's lack of transparency
and accountability.

Some argue that Fleming is
now a proxy for the Hayward
family, but insiders say they are
too big to act as a front. And
Roddie Fleming, the group's
chairman, says ‘his vision for
Freeport would create "billions
of dollars" in added value by

partnering with both licencees
and the government.

All of which leads to the
obvious conclusion that the days
of obscure dynastic rule in
Freeport are almost over, and
we will soon have an opportu-
nity to recreate the Port Author-
ity in a way that will enable it to
live up to its early promise, and
perhaps become the leading
engine of Bahamian economic
development for decades to
come.

The big question is, what kind
of deal will be crafted?

And will it be an open and
transparent agreement that will
benefit the Bahamian people
rather than just sectoral or polit-
ical interests.

One long-time resident says it



“Economic
development
in Freeport
requires col-
laboration
between the
public and pri-
vate sector...” -
Hubert Ingraham



is time to discard the 19th cen-
tury concept of a private com-
pany ruling vast areas of land
from afar and instead allow the
management and wealth of the
second city of The Bahamas to
be owned and controlled by the
people who live there and who,
historically, have made it what it
is today.

And insiders expect the situ-
ation to be resolved over the
next several months, with the
active engagement of the Ingra-
ham government to bring all
parties to the table.

What do you think?
Send comments to

- larry@tribunemedia.net

Or visit: :
www.bahamapundit.com

SCOTIABANK BOOSTS JUNKANOO GROUPS

>

SCOTIABANK has made substantial financial dona-
tions to several junkanoo groups this year, in what the
‘company says is an effort to further the development
of Bahamian art and culture. A representative from
each of the groups accepted the contributions from
ovotiabatik’s senior anager for Marketing and pub-
lic relations Debra Wood and senior manager for cred-
it Eric Albury. Wishing the groups all the best in the
upcoming Boxing Day and New Year’s Day Parades,
Mrs Wood said, “Scotiabank is extremely proud and

MEMBERS of the cultural communi-
ty and the College of the Bahamas
gathered at Grace and Peace Wes-
leyan Church on Monday evening for
a thanksgiving service for the late

“WY

Ky &

er"
Aa

Pauline Glasby. Tributes and reflec-
tions were brought by Mrs Janyne
Hodder, president of the College of
the Bahamas, as well as by Dr Keva
Bethel. There were choral presenta-



grateful to be able to demonstrate our commitment to
the social and cultural development of the Bahamas in

- this very tangible way.” Pictured, standing in the back
row, left to right, are: Percy “Vola” Francis (Saxons),
Andrew. Burrows (One Family), and Brian Adderley
(Roots). Standing in the front row, left to right, are: Mrs
Wood, Gloria Sawyer (Conquerors for Christ), Mr
Albury, Eric Knowles (Prodigal Sons) and Mark Bast-
ian (One Family). Scotiabank also presented cheques
to Music Makers and Z-Bandits.



te
oO
a}
wn
.o
i=
S
2
E
~~
oO
”
E
wo
Cc
—
@
—_—
@
a.

tions by the Renaissance Singers,
which Mrs Glasby directed, and the
Choir of Grace and Peace of the Wés-
leyan Church. Mrs Glasby came to
the Bahamas in 1968.



c TRIBUNE

WEDNESDAY, NOVEMBER 7, 2007, PAGE 7 :





7) brief |

US appeals
dismissal of
case against —
Cuban militant
Luis Posada

WEIPASO, Texas _
‘FEDERAL prosecutors
are appealing the dismissal
of an immigration fraud case
against anti-Castro Cuban
militant Luis Posada Car-

riles, according to Associated

Press.

The government has filed
a 64-page appeal asking the
5th Circuit Court of Appeals
in New Orleans to overrule
an El Paso federal district
judge’s ruling earlier this
year that that case should be
dismissed in part because of
problems with an immigra-
tion interview of Posada.

Posada, who faces a civil
deportation order, had been
seeking to become a natu-
ralized citizen when federal
prosecutors allege he lied to
investigators.

The aging militant has
been living Miami since his
release from federal custody
in May.

Share
your
news

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

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



-BAHAMAS DENTAL ASSOCIATION

2007 Scientific

Sponsored By 1 Gaiyate
lovember 7th - 10th, 2007_

OPENING CEREMONY



Bill to Amend the

THE House passed the gov-
ernment's Bill to Amend the
Juries Act Monday. The Bill
will now move on to the Sen-
ate.

The Bill seeks to decrease
the number of Supreme Court
jurors selected in a non-capital
case from 12 to nine.

The provision of the Bill
keeps the number of jurors
required in capital cases —
murder or treason — at
12.

During his contribution ‘to



“The purpose of this Bill is
straightforward and clear. It is to
amend this critical area of the law
to bring it in step with current
realities.”



Tommy Turnquest

the debate on the Bill, Nation-
al Security: Minister Tommy
Turnquest said, “The purpose

of this Bill is straightforward
and clear. It is to amend this
critical area of the law to bring

‘Prime Minister’s remarks about
Monday’s Parliament sitting

The following are the complete remarks by
Prime Minister Hubert Ingraham on the events
of Parliament's November 5 sitting, during
which the opposition expressed outrage that
PLP leader Perry Christie was not allowed to
respond to recent comments by the prime min-
ister:

G6 he Opposition have sought to
make a mountain out of a mole-
hill over this issue. I do not expect anything
different from them because they do not
accept the fact that they have lost the election.
They find every manner of excuse and they
wish to be obstructionists as was clearly
demonstrated this morning.
Minorities have great opportunities to put
forward their points of view and to have their

points of view considered. But minorities are -

not to.run the show. They are not to make the
decisions.

The opportunity was afforded this morning
for Mr Christie to make his case as to what-
ever argument he has. He chose not to do so.
He chose to only want to do so if it was done
when he wanted to do it and how he wanted to
do it and he didn't care about the views of the
majority in the House at the time.

Specifically, the rules of the House require
a member who is offended by a remark made
by another member to immediately challenge
that member and rise on a point of order or on
a point of personal privilege.

No such step was taken by either Mr

¢ Conference

Christie or any of his other members when the
House met and these remarks (were made) by
me saying that they were failures in so far as
the judicial system was concerned,

It couldn't have been that urgent from their
point of view.

They can't be that slow, they are very smart

people. So, having not taken advantage of »

the opportunity which they had, they came
this morning.

We said there is a measure on the floor
for debate. Desmond Bannister was going
to speak for 20 minutes to half an hour,
we would put the Bill to a vote and after
that we'd be happy to accommodate
any points of view that the Opposi-
tion wished to make with respect to
their complaint.

They chose not to accept that.

This matter had become suddenly |
urgent and immediate, notwithstanding
that it wasn't urgent or immediate when
the House actually met. They all sat there
and participated. There was a back and forth
between ourselves on the 22nd of October.

And this whole question arose because Mr
Christie just jumped to his feet while I was
speaking and started to speak in a loud voice
and I out-shouted him and since I had the
mike, what I was saying came across and his
didn't because the mike system is not capable
of carrying two people at the same time.

At no stage did he take exception.to it.

He and I met on Wednesday, the
24th of October, and spent at least 45






























minutes together and talked about this and
other things. I didn't get the impression that he
was personally offended, in fact I thought that
we both agreed that while he was responsible
for the mess of the judicial system, that the
persons who failed to

perform were oth-

& ers —but he had
charge of it and
he was the
one who
made the

ments and
he was the
one who
should
accept
responsi-
bility for
eee

Presents a

Topic:

appoint-.

‘Jur ies Act is passed

it in step with current reali-
ties.”

ELS Sepiahes that the
Bahamas, with a population
of around 350,000 people, has
a conrespondingly small jury
pool.

“This Bill, once passed,
should assist in the expeditious
empanelling of juries from this
limited pool, and consequent-
ly improve the operations of
the criminal justice system,”
he said.

In moving the Bill for
debate, Minister of State for
Legal Affairs Desmond Ban+
nister pointed out that many
other countries in the region
have determined that the use
of smaller juries is more effi-
cient and will enhance the
administration of justice.

Laws in Trinidad and Toba-
go, St Vincent, Barbados and
Belize, he indicated, provide
for trial by juries comprised
of nine persons for all offences
except for murder and trea-
son.

Mr Bannister added that
Jamaica and the Cayman
Islands have gone further by
reducing the size of their juries
in most trials to seven except
in trials for murder and trea-
son, and in the Cayman
Islands, for money foundering
offences.

Emphasising that the
Bahamas is the only major
country in the region that
retains the 12 person jury for
all criminal trials before the
Supreme Court, Minister Ban-
nister said the Bill seeks to
amend the law in the Bahamas
so that its court system may
enjoy similar benefits as ee
countries do.

No changes were made to
the Bill during its committal

stage.
The House is scheduled to
reconvene on Monday,

November 12, when debate
will begin on Supplemental
Appropriation Bills tabled by
the government.

BAHAMAS DENTAL ASSOCIATION

FREE OPEN PUBLIC LaGTURE

“What Dentists Do In Forensic Investigations”

& AWARDS PRESENTATION

| British Colonial Hilton Hotel

8

WEDNESDAY, ee 7 @ 7:00 P.M.

|__WEDNESDAY, bonnannaninanncc

KEYNOTE SPEAKER: DR. BURTON oe

World International Dental Federation — De

President -

TV Program

OANA NINN SOHAIL NINTNNN

SOHN NHI NA

PRESENTER: DR. MIKE BOWERS,

Consultant On Americas CSI (Crime Scene Investigations)

THURSDAY, NOVEMBER 8, 2007
2:15 P.M. - 4:30 P.M.

British Colonial Hilton Hotel

Invited Guests: Police Officers, Nurses, Physicians,

FOR THEIR CONTRIBUTIONS TO ORGANIZED Denier:
LOCALLY, REGIONALLY & INTERNATIONALLY

HONOUREES:

Dr. Hal Leyland

Dr. Anthony Lewis

Defence Force Officers, Interested Persons

‘ Dr. Victor Eastmond

Dr. Joyous Pickstock
President’s Award

Dr. Anthony Davis
Special Service Award :

Dr. Munir Rashad

Public Health Career
Achievement Award

(Posthumously) (Jamaica)
2007 Dental Pioneer Award Outstanding Merit Award

(Barbados)
Distinguished Service
Award





PAGE 8, WEDNESDAY, NOVEMBER 7, 2007

atten,

Loggerhead —
turtie nests
lag in 2007,
green and
leatherback
are up

if WEST PALM BEACH,
: Fla.

| THE number of logger-
lead turtle nests was sub-

stantially lower in 2007
then in past years, accord-

ing to preliminary num-

Hers from scientists
statewide, according to
Associated Press.

; Scientists found 28,500
nests from 19 surveyed
teaches, down from
almost 50,000 last year.
The number was so low
that this could be the low-
est nesting year on record
for loggerheads, said Blair
Witherington, a research
scientist with the Florida
fish and Wildlife Conser-
vation Commission. The
turtles’ nesting numbers
have declined in at least
four of the past seven
years.

' Green and leatherback
Birtles: however, sur-
passed scientists’ expecta-
tions and may have made
a record number of nests
fhis year on Florida’s
Treasure Coast.

. Scientists aren’t sure
What’s behind the low
numbers for loggerheads,
but they have some theo-
ties. Erik Martin, a biolo-
gist who monitors nesting,
said the answer could lie
in an unknown event that
happened 30 years ago
when today’s nesting
females were hatchlings
+— something like a dis-
ease or harmful algae
bloom that affected only
fogge rheads.

A drop in nesting num-
berg’ may not correlate ito }
a drop in population, said

ete Quincy, a scientist
who monitors nesting for
Jupiter Island. “Maybe
there i is a biological cycle
among these turtles that
we know nothing about.”

+ Scientists have been
eee nesting for about
8 0 years.
| This year, they counted
fbout 9,450 green turtle

ests — up from the pre-
wious high of 7,180 in 2005
e— in addition to 517

featherback nests, up

om the previous high of

867 in 2001.





Eleuthera
and Jensen
— building |
bridges of
friendship

HE Ministry of Touris-

m’s Eleuthera Office
manager Jackie Gibson was
about the have the surprise of
her life.

When she organised the
pineapple festival in Gregory
Town, Eleuthera, she was con-
vinced it was the only one of its
kind.

‘But, two years later her col-

league Bridget Pierre King, who
at that time had tourism respon-
sibilities for the Treasure Coast
area of Florida, told her of a
pineapple festival in Jensen
Beach. “I was shocked,” Ms
Gibson recalled. “I felt we were
the only people on planet Earth
who had a pineapple festival.

“T said ‘Bridget you have to
get me the contact because I
need to know: what they are
doing so we can share ideas and
come up with something that is
unique’.” ‘

A few days later she con-
nected with Jensen Beach
Chamber of Commerce execu-
tive director Ron Rose, and the
rest is history in the making.

“We found that there were
so many similarities between
our little community and that
of Jensen Beach,” said Ms Gib-
son. Then Prime Minister, Sir
Lynden. Pindling, sanctioned an
exchange of proclamations
declaring Gregory Town and
Jensen Beach sister cities.

Last weekend, in celebration
of 20 years of sisterhood, a large
contingent from Eleuthera
including the Brilanders, the
Junkanoo Allstars, and the Min-
istry of Tourism seasoned the
Jensen Beach Pineapple Festi-
val with that spicy Bahamian
flavour. One outcome of the
relationship has been the estab-
lishment of the Authentic
Bahamian Marketplace at the
Jensen Festival featuring a wide
variety of products made in the
Bahamas. ‘This year it was a hit,
organisers say.

“The Bahamian Marketplace
defines this event,” said Mr
Rose. “It gives the festival a

eee Bus & Truck Co,, Ltd.

Montrose Avenue
Phone:322-1722 °F ax: 326-7452

|
J



LOCAL NE

© In brief ~HOW A PINEAPPLE FESTIVAL UN TED 1 ea ,



THE Eleuthera Allstars shared junkanoo with.the Jensen Beach High School during last weekend’ s festival there.

theme; it gives it a feeling; and it
gives it some authenticity.

“When you think about it,
there have been a lot of pro-
motions about junkanoo, but
how many festivals here (in the
US) can boast that they have
had the real thing?”

Students of Jensen Beach
High School got a first hand
taste of the real thing.

Several members of the
Eleuthera Junkanoo Allstars
are themselves high schoolers.
Some were visiting America for
the first time. “They went into
Jensen High and gave a lesson
on Junkanoo,” said Ms Gibson.
“They took in some drums,
whistles and horns and the chil-
dren got to know what
Junkanoo is.

“Only two in the class had
ever heard about junkanoo and
they still did not have a good
definition for it. Now they know
about junkanoo and Eleuthera
and the Bahamas.”

The connection between





Gladstone Thurston/BiS

‘BAHAMA’ Bob Catal of - Banainian Music Distributors pleases another
customer at the Jensen Beach Pineapple Festival.

Eleuthera and Jensen Beach
goes back to the 1880s.
Research shows ‘that farmers
from Eleuthera helped estab-

DURING

eat GLASS COMPANY'S

UT US

AAs LL

Pre~Christmas Sale
Now through Sat Nov 10 on Mackey St



lish the, pineapple industry in
Jensen Beach.

“What make this event grand
have been the great friendships
and a lot of teamwork,” said Mr

Rose. “Jackie Gibson has been

an outstanding friend and a
great part of the team that
makes this event a great event.

“You can tell by the festival
goers’ reaction that the contri-
bution of the Bahamas is cher-
ished. They were all dancing in
the streets behind the junkanoo
band and when the Brilanders
were performing. The people
are really happy with every-
thing. We wanted to have a cul-
turally oriented, family friendly
atmosphere. The Bahamian
Marketplace contributed to
that. You saw the families flock-
ing to get their hair braided.
The festival was a huge suc-
cess,” said Mr Rose.

The sister city relationship
has gone beyond pineapple fes-
tivals, noted Ms Gibson, She
recalled the devastation in
Eleuthera caused by Hurricane
Andrew.

“Jensen Beach came to our

THE TRIBL






Gladstone Thurston/BIS

JUNKANOO through the streets of Jensen Beach was.a hit at the Pineapple Festival there last
weekend.



“The Bahami-
an Market-
place defines
this event. It
gives the festi-
val a theme; it
gives it a feel-
ing and it
gives it some
authenticity.”



aid,” she said. “They sent over
plane loads of relief items.
.“They have been fabulous to
us. They know us by our names.
They told us they actually
missed us from last time.” .

A popular feature of the
Bahamian Marketplace was the
promotion of Bahamian music.

“We love-of the Bahamas; we
love the people; and we love
the culture,” said Janis Camis,
who, along with her husband,
‘Bahama’ Bob, operate
Bahamian Music Distributors
from Fort Pierce, Florida.

“Tf it’s not Bahamian it’s not
pepPenaey she said. “If you
cou

ou would see inscribed on his
heart: ‘made in the Bahamas’.

“T rarely listen to the music
from here (in the US). Qur

radio is always on ZNS which is
the only station from Nassau
Wwe can receive, and it’s Bahami-
an.”

Already patrons are looking
forward to the four-day Grego-
ry Town Pineapple Festival held
during the first weekend of
June.



JENSEN Beach binwanpl Festival patrons join in the rush of unkano
ing last weekend’s Pineapple Festival.



Gladstone Thurston/BIS

d open my husband’s chest"

~~ = 2 ae



wv

CP ae py

i

oe %

4a

THE TRIBUNE

WEDNESDAY, NOVEMBER 7, 2007, PAGE 9



Mexico landslide
tlevastates remote
village amid

wider flooding

@ OSTUACAN, Mexico

RESCUE officials were
searching for more than a
dozen missing people Tuesday
after a landslide slammed into
a rain-swollen river, wiping out
a tiny hamlet in southern Mex-
ico, according to Associated
Press.

At feast 16 people were
reported missing in the village,
the latest victims of wide-
spread flooding and heavy
rains across Mexico and Cen-
tral America. In Honduras,
authorities were evacuating
dozens of people on the
Atlantic coast and at least two
people drowned in floodwa-
ters, including a 2-year-old boy
swept away by a raging river.

Residents of San Juan Gri-
jalva said they were awakened
late Sunday by a rumbling roar
and the sound of rocks rolling
down from surrounding moun-
taintops.

“It was a roar, like a heli-
copter was passing overhead,”
recounted farmer Domingo
Sanchez, 21. “We didn’t know
what was happening, and then
we went outside, and there
were cracks opening the earth.
We ran up the hill ... but soil
kept coming down on us.”

For the next several hours,
Sanchez, his mother, his wife
and a cousin fought for their
lives in a valley where the only
salvation lay in getting to high-
er ground as the ground col-
lapsed around them. They
reached the hilltop just in time
to look across the valley and
see a landslide cover the home
of his grandparents. Sanchez
believes at least nine of his rel-
atives were buried.

A cousin, David Sanchez,
22, described the events he saw
from his house in a different
part of the village that once
was home to about 600 people.

David Sanchez described
two distinct waves — the first
of which swept his mother
about 200 meters (yards)
downstream before he could
rescue her.

After climbing up a hillside
to safety, ina moment of calm
he-and three friends briefly
descended to rescue some pos-
sessions when the second wave
— apparently the release of
water briefly dammed up by
the landslide — swept down
the valley.

“It swept away everything,
trees, houses, everything,”
David Sanchez said. ©

Chiapas state Gov. Juan
Sabines, who visited the scene,
described one of the waves as a
“mini-tsunami” and noted
“this village practically disap-
peared.”

Helicopters searched the
surrounding hills to rescue res-
idents who fled to higher
ground.

Chiapas officials and the
federal Interior Department
placed the number of missing
at 16.

No bodies were immediately
found.

All major credit cards
accepted as cash!













LOCAL NEWS

Members of Toastmasters

THE members of one
local Toastmasters club
joined the Ministry of Edu-
cation to hold a training
session for youth parlia-
mentarians.

Healing Communicators
Toastmasters Club 7178 is
a non-profit club, the stat-
ed mission of which is “to
provide a mutually sup-
portive and positive learn-
ing environment in which
every member has the
opportunity to develop
communication and lead-
ership skills that in turn
foster self-confidence and
personal growth”.

Opportunity

The club said the train-
ing session allowed mem-
bers Wence = Martin;
Ambrosine Huyler and
president Glennette Reck-
ley an opportunity to speak- -
on speech preparation and
practice; verbal and non-
verbal communication and
tips to public speaking
respectively.

According to the club,
the 41 youth parliamentar-
ians from throughout the
Bahamas thoroughly
enjoyed the session and at
the end of the evening
were given the opportunity

to use the practical tips
offered through an election
which required those seek-

Bank launches new
Saving promotion

FIRSTCARIBBEAN bank has the launched a new initiative
to reward Bahamians who make saving a priority.

The bank said in a statement that beginning yesterday, people
across the Bahamas have a brand new reason to save, with the
launch of “Save A Little, Win A lot” — the Caribbean’s newest sav-
ings promotion.

According to Sharon Brown, managing director for the Bahamas,
the sweepstakes is one of the bank’s many first-for-customers ini-
tiatives, designed to reward customers who choose a wealth-build-
ing path.

“This is one of the most exciting initiatives we've ever launched
in the Bahamas. We're pleased to present current and soon-to-be
FirstCaribbean customers with this win-win offer — an opportunity
to experience the benefits of saving, while having the chance to reap
additional financial rewards,” she said.

With “Save A Little, Win A lot,” new customers who open a prize
draw savings Account with $100 or more, are automatically entered
for a chance to win between $1,500 and $5,000 every month.

For every $100 on deposit on the day of the prize draws, cus-

tomers will receive an additional entry, increasing their chances of

winning the cash prize.

The promotion also features a grand prize draw of $20,000,
which will be paid to the winner in equal monthly installments.

The programme, being offered with accounts that provide tiered
interest rates above the Bank’s current offering, runs until Febru-
ary 29, 2008.

“Save A Little, Win A lot” kicks off a series of upcoming First-

‘Caribbean initiatives created to encourage customers across the

Caribbean to engage in smart savings practices, said the bank in a
statement.

CUSTOM
FRAMING

15% OFF

~ 20% off ready-made frames

Mackey St 393-8165 + 393-3723
HOURS
Monday - Friday 8:30am - 4:30pm
Saturday 8:30am - 1:00pm



ing the offices of Speaker
of the-House and Deputy
Speaker to give impromptu
speeches,

Initiative

Youth in parliament is a
special initiative co-ordi-
nated by the Ministry of
Education that allows
young adults between the
ages of 17 and 25 to pub-
licly express their views on

immobiliser and CD player.



Features for 1.6 litre model include:
automatic transmission, air conditioning,
power windows, locks & mirrors,



PICTURED SEATED are Ambrosine Huyler, club president Glennette Reckley, Ministry of Education senior youth officer Patty Miller, and Wence
Martin along with members of the Youth In Parliament.

current issues affecting the
country while learning
the policies and practices
of the House of Assem-
bly.

A special session will be
held for the youth parlia-
mentarians, each repre-
senting a constituency, to
deliver their speech pre-
sentations to a national
audience from the House
of Assembly,

“Club 7178 offers a
dynamic and educational

train youth parliamentarians



programme and boast of
being the most illustrious
and energized club in the
Toastmasters Division of
the Bahamas, catering to:
persons of varying ages,
professions and social
backgrounds,” said the
club in a statement.
Healing Communicators |
Toastmasters Club 7178
meets every Tuesday at the
Cancer Society of the
Bahamas on East Terrance
Centerville at 6pm.

GP) TOYOTA moving forward

\ *

SS

Part



Features for 1.8 litre model include: automatic
transmission, air conditioning, power windows, locks &
mirrors, immobiliser and remote keyless entry, alloy
wheels, dual airbags, leather upholstery and CD changer.

@®) TOYOTA

Backed by a 3-year/60,000 mile factory warranty.







PAGE 10, WEDNESDAY, NOVEMBER 7; 2007. <==»

e

THE TRIBUNE



a

LOCAL NEWS

Three Cubans. Foulkes’ former law firm is blamed ior
alleged housing deal that went wrong ©

FROM page one

by the RBDF on Tuesday, short- :
ly after 11pm Monday, three :
Cuban detainees housed at the :
Detention Centre successfully ;
executed an escape plan from }

the base.

In their desperate attempt for }
freedom, the men reportedly }
scaled the chain-link barbed wire ;
fence surrounding the front of }
the Detention Centre, officials

reported,

The three men most likely :
chose to scale the fence sur-
rounding the compound’s front }
entrance because there is no wall
behind it, as is the case with the :
centre’s rear wall, Chief Petty :
Officer Ralph McKinney told :

The Tribune yesterday.

He said the three Cubans }
while :
manoeuvreing over the 10 to 12 :
foot fence and no doubt received :

“risked their. lives”

some injuries in the process.

Guards on duty reportedly }
caught wind of the detainees’ :
mid-escape and fired warning }
shots to frighten them, Chief :

Petty Officer McKinney said.

The men continued their flight
and were pursued by guards who }
“rubber bullets” in an}

fired
effort to stop them.

Rubber bullets, rather than :
lethal force, are the first line of :
defence when attempting to}
catch detainees, officer McKin- }
ney said. They “sting” their tar- }
gets and leave a bruise rather }

than a wound, he explained.

The RBDF has said they are }
currently involved in an exten- }
sive search for the illegal immi-
grants who have been identified :
as Norje Rayes Hernandez, 38, :
Juan Ramon Arona, 34, and

Nolvis Hidalgo Fonsesca, 30.

On August 21, six Cubans }
escaped from the Detention }
Centre during visiting hours. }
The escapees reportedly cut a:
hole through the chain link fence :
behind their dormitory andi
scaled the perimeter wall }
using a homemade grappling :

hook.

injury during his getaway.

Guards at the Detention Cen- }
tre came under fire after the }
highly-publicised escape in:
August and the sentry on watch :
and the guard commander on }
duty at the time were found }

guilty of “neglect of duty” in
September.

Officials maintain that since :
that escape, security measures :
“adjusted” in an attempt :

were
to prevent further breakouts.

“We have done some adjust-
ments (to security) since August, }
but people will always find ways :
Officer :

to get around them,”
McKinney said.

He was not at liberty to elab- ::
orate on these adjustments, but }
told The Tribune that a prelimi-
nary investigation was underway :
to determine if any guard on:
duty was negligent during Mon- }

day night’s escape.

Anyone with information :
regarding the whereabouts of :
the escapees is asked to contact }

the RBDF.

FROM page one

after the Ministry of Works had
to belatedly step in and stop
work on the site.

“After their houses reached a
certain point they went to the
ministry to get an occupancy
certificate, (but) the ministry
found that the houses were built
in a sub-division that was not
approved so they did not allow
it to continue,” ‘said
property owner Garren Hep-
burn.

“As far as the Ministry of
Works is concerned, this sub-
division does not exist,” said
investor and mother Lynette
Burrows. -

To further compound the sit-
uation the families found that
they were not even owners of
the property on which the
homes were being built as the
realtor — who does not appear
on the Bahamas Real Estate
Association’s list. of licensed

realtors — allegedly never paid

the property owner for the land.

The realtor has since report-
edly absconded and is said to
be wanted by police for ques-
tioning after homeowners made

complaints. However, this could —

not be confirmed up to press
time.

Speaking with The Tribune
yesterday, several of those
involved said that just thinking
about the loss they have suf-
fered since they first got
involved with the project in

FROM page one

2003 and 2004 makes them feel
sick.

Mr Archer claimed that in
total a sum of between $1.2 mil-
lion and $1.3 million had been
signed over to the realtor.

“T want to give Dion Foulkes
24 hours to explain his position
in all of this, and if he does not
give us a reasonable response
then I will have to call for his
resignation from the Cabinet,”
said Mr Archer.

He said it was “not fair for
hard-working, decent’ Bahami-
ans to work hard, I mean hard,
to get their monies to invest in a
home for them and their fami-
lies” only to lose it all.

One of the investors, a young
father, told The Tribune: “We
are suffering. My total invest-
ment is now well over $100,000.
It’s like it’s disappeared. I don’t
even talk about it because it’s
really sad.”

Another investor, Tanya
Rogers, said: “This is not our
fault, we did everything by the
book.”

The families also blame First
Caribbean Bank for not check-
ing into the matter to the extent
that they determined that all
was not well.

However, a bank source
claimed it was the lawyers’ fault
for not providing the bank with
the truth.

“Automatically, the bank
would assume it’s an approved
sub-division and if it’s not then
an attorney would have discov-

ered that and reported it to you
through due diligence.”

Had the bank had “its eyes
wide open” to the fact that the
development only had
“approval in principle” the
loans would not have been
granted, it was suggested. “It
was a material non-disclosure,”
he added.

In mid-2006, the bank
allowed the individuals to can-
cel their loans but has yet to
agree to reimburse them for
their loss.

Many are still paying insur-
ance on the half-built homes
that they fear they may never
live in.

The police have also come
under fire for not taking suffi-
cient action in light of com-
plaints made by the homeown-
ers.

Last night, Mr Foulkes said
he had always acted “according
to the book” in all of his legal
work, and denied any wrong-
doing. He said Mr Archer, a
contender for the PLP chair-
manship, was exploiting the
matter for political purposes.

“They are just trying to add
some traction to the story by
calling my name,” he added.

Mr Edwards, who worked in
the same building as Mr
Foulkes at the time, claimed
that the bank was aware that
the development only had
approval in principle, adding
that for loans to be approved
on this basis is a run-of-the-mill

One of-the six escapees, }
Rubidelvis Cala Merecio, turned }
himself into authorities two days !
after his escape. Immigration :
officials revealed he suffered :

the court with a map of the Pinewood-sub-division
with the lines of the Pinewood constituency drawn
in.

Mr Coakley said that there are 3,812 lots over
about 560 acres in the Pinewood sub-division,
and the residential lot numbers in the sub-division

- correspond with the residential structures there

with no duplications.

Consequently, during his testimony, the sur-
veyor identified voters by the lot he claims to
have found them in, and placed pins in the map to
illustrate where the voters live for the justices.

Three voters were identified yesterday by Mr
Coakley as residing at lot 1319, which he said is
west of Guinep Tree Street and out of the con-
stituency.

The surveyor told the court that he and private
Investigator John Munroe found Danielle,
Michael and Tesa McKenzie on October 15,
though he did not specify if he met and spoke with
the voters. :

A number of voters were also identified as
having been found to reside east of Acacia Street

.1in Pinewood, which is on the south-eastern

boundary of the constituency map.

Others were identified as living in the Sir Lyn-
den Pindling Estates, and yet others in the
Seabreeze constituency.

The witness further claimed on numerous occa-
sions yesterday that voters lived in locations oth-
er than what was indicated on Form B, which is
the information they provided the Parliamentary
Registration department.

In the case of Lisa Natasha Weir, Form B indi-

48 people claim

Boulevard, east of Willow Tree Avenue and west
of Pigeon Plum Street.

However, Mr Coakley said that he found this
voter at lot 298, which is north Sapodilla Road,
west of Baygeranium Avenue, and outside the
constituency boundaries.

In the morning session, there was controversy
regarding the testimony of Mr Coakley. Lead
attorney for the FNM, Michael Barnett, raised an
objection to his testimony, as he was not classified
as an expert witness, yet was providing evidence
Mr Barnett said was his opinion.

After a brief discussion with the witness leaving
the stand, Senior Justice Allen acknowledged
him as an expert witness.

In. providing his credentials to the court, Mr
Coakley said he worked for the government for
more than 30 years before working at Arawak
Homes for a decade between 1982 to 1992, and
then his own company Stafford Coakley and
Associates from that period to now.

In 1971; Mr Coakley said he was part of the

review team that gave recommendations for the -

Pinewood sub-division.

At Arawak Homes he added that he worked to
establish the boundaries of the area, while at
Real Property Tax Department’s valuation sec-
tion, Mr Coakley said that he did mapping of
Pinewood sub-division for property tax assess-
ments.

During the construction of the sub-division, he
added that he was also contracted to lay founda-
tions and the outer shell of residential building
structures.



cated that she lived on lot 298 south of Sapodilla

Saturday
November 10th,
2007 at 12 noon

¢ Santa & Snowbear
* FREE Popcorn

¢ FREE Balloons!

¢ FREE Candies! ee
FREE Face Painting %
FREE Bouncing Castle

occurrence.
He also brushed off sugges-
tions that he had been engaged
in a conflict of interest by acting
both on behalf of the potential
investors as they sought to
secure their loans, and for the
real estate company.
“Everybody knew that, there
was no difficulty in that, as long
as everybody is aware of it,” he
said. “I discharged my duty as I

FROM page one

should have, I’ve given to the’. +;
bank what they had required as.‘ ’

I had done hundreds of times
before.”

He alleged that the problem
came about as a result of fail~'

ures on the part of the Ministry’ »’-”
of Works to provide appioyaly 74 j
that they should have by now,’

and said that the matter may
still come to a successful con-
clusion when this occurs.

First charges in Ministry
of Housing investigation —

4

inspectors, and officials within the Ministry of Housing. f
In the Magistrate’s Court on Monday, Ms Strachan pleaded not

guilty to three charges and was granted — and posted — bail in the -
amount of $3,000 with one surety.

According to the court’s dockets, around June 15, 2007, at the
Ministry of Housing, Ms Strachan intended to defraud and obtain
(by omission) from Shavonne Cunningham cash in the amount of
$1,643.43 by means of false pretences.

Count number two, forgery, stated that during June, 2007, at New.
Providence, Strachan intended to forge a certain document and

issue a receipt in the amount of $1,643.43 bearing the stamp of the
under-secretary of the Ministry of Housing reporting the same to

be genuine.

Count three, uttering a false document, alleged that Strachan, |

during June, 2007, at New Providence, intended to defraud, utter- 9+
ing a certain forged document with a receipt in the amount of —- |

$1,643.43 bearing the stamp of the under-secretary of the Min-
istry of Housing, knowing the same to be forged.

The case has been adjourned to Monday, November 19. Hat vehs

FROM page one

stabbed, Mr McKenzie ran to
his neighbour’s house where
he collapsed on the front
porch.

Mr McKenzie was immedi-
ately taken to Princess Mar-
garet Hospital, but died short-
ly after arrival at around 7am.

The perpetrator reportedly
fled the area on foot, leaving a
trail of blood behind. Follow-
ing the blood trail, police were
able to retrieve a screwdriver
from some bushes.

Press liaison officer Assis-
tant Supt Walter Evans said
that police officers at Quakoo
Street station arrested a sus-
pect, believed to be in his ear-
ly 30s, in a nearby home short-
ly after the stabbing.

Mr Evans said yesterday
that police are confident that
they will be able to bring this
case to a quick close.

Relatives of Mr McKenzie
were still in shock as they
gathered at the small East
Street home in mourning. One
of the family members said
they were afraid to tell the
deceased’s mother, who is in
her 80s, of her son’s murder.

Man stabbed

Just three hours after the
murder, at 9am, police were
called to Bain Town where a
second stabbing had occurred
during a domestic dispute.

A couple living on Rupert
Dean Lane got into a fight,
which escalated into the
woman stabbing the man in
his left shoulder.

The man was taken to
Princess Margaret Hospital
for treatment and the woman
was taken into police custody.

Asst Supt Evans expressed
concern over the high murder
rate and incidents of violence
this year.

With the number of mur-
ders now exceeding last year’s
total by three, Mr Evans said
it is important for communi-
ties to come together to pre-
vent the murder rate from
climbing any higher.

He appealed to the public
not to resort to violence if they
find themselves in difficult
relationships and situations,
but instead to seek assistance
from agencies such as the
police or the church.

WS 8 Sat a

Kelly’s Fully Aninidied
Christmas Forest

Have your photo taken with
Santa or Snowbear in the forest

Saturdays only!

‘



Royal Bahamas
Police Force Band |
Don’t miss the excitement! Bh te 242) 999-4002

Houses
Home

S at Marathon
Monday-Friday 9:00am-8:00pm
Saturday 9:00am-9:00pm
Sunday losed
www.kellysbahamas.com

Kelly’s





- THE TRIBUNE

WEDNESD/\\, miviien i: 4, 2007, PAGE 11

- On brief

~ president-elect

- targets poverty,
seeks spiritual

guidance after ,
“Marrow victory

GUATEMALA CITY

» GUATEMALA’S new
president-elect, Alvaro
Colom, urged the country
on Monday to unite behind
his plans to reduce poverty
and said he would consult
with Mayan spiritual lead-
ers for guidance, according
to Associated Press.
. “We will work to attain a
national brotherhood with
-!»lour 23 indigenous groups,”

.>,-,-Colom, of the center-left
+’-*- National Unity of Hope

Party, told a news confer-

ence a day after winning a

hotly contested runoff.

' This will be a great oppor-
tunity to unify the country.”

Colom, who worked with

’. civil war refugees in isolat-
ed highlands and is an
ordained Mayan minister,
said he would seek guidance
from the Mayan Elders
National Council, a group
of spiritual leaders, as he
prepares to lead this heavily

‘ indigenous country.

With all the ballots count-
‘< “ed from Sunday’s election,

*.Colom won with nearly 53
percent, compared with 47
percent for retired Gen.
Otto Perez Molina of
the conservative Patriotic

- Party. 2

-. Perez, who ran on a tough
anti-crime platform,
pledged to work with the
new administration to fight
crime in Central America’s -
most violent country, where
youth gangs are rampant
and as few as 2 percent of
more than 5,000 homicides
a year are solved.

'., Colom, 56, said he would
fight crime by creating jobs
and overhauling the courts.
He plans to increase social
spending to help the majori-
ty of Guatemala’s 13 million

* people who live on less than
ROA dare pe ee
_ “Ifwe don’t make justice
our priority we won’t get

. Tesults when it'come to
security,” Colom said.







Bahamas National Trust Wine

and Arts Festival ‘best ever’

WITH perfect weather, the 17th

Annual Bahamas National Trust’

Wine and Arts Festival was rated
“the best ever” by Bristol Wines
and Spirits wine director Rusty
Scates.

“Approximately 200 members

attended the ‘members night’,

which preceded the festival and
around 1,200 enjoyed the art
exhibits and tasted the 56 wines
during the six hour festival on Sat-
urday," noted Lynn Gape, direc-
tor of education and communica-
tion for the Trust.

Wine chief Mr Scates, whose
company sponsored the event, said
he was delighted. "Almost every-
one attending, seemed to be serious
about really tasting the wines, mak-
ing notes and asking questions. I
believe that people generally are
discovering the pleasures of wine
and particularly which wines com-
pliment which dishes,” he said.

More than 30 artists exhibited
their works and they too seemed
to be pleased. "Lots of people
expressed interest in my exhibits
and I actually sold several pieces
during the event,” said Moya Stra-
chan, exhibiting for the second time.

Attending the Wine and Arts
Festival was Christopher Nick rep-
resenting the South African Vit-
ner, Graham Beck.

Mr Nick said he was very
impressed with the attendance and
the interest shown in his Graham
Beck wines.

He said he was also pleased that
the Bahamas National Trust is the
beneficiary of the funds raised at
the event.

“My company was founded in

‘1983 and has always worked

towards social empowerment. We

* provide free housing for our vine-

yard workers, fund a skills learn-
ing centre, give college scholarships
and support nature conservancy.

“T have been delighted to note
the popularity of our wines in the
Bahamas which, despite the small
population size, is a very good mar-
ket for Graham Beck," he
said,

The next major fund raiser for
the National Trust will be the ever
popular pre Christmas "Jollifica-
tion", again sponsored by Bristol
Wines and Spirits. It will be held
on November 17 and 18.

Keith Parker, president of PS



<

PATRONS LINE up to sample City
Market's tasty platters.

Advertising and Public Relations,
who has been covering the Wine
and Arts Festival since it's incep-
tion, noted: "I overheard several
of the wine connoisseurs comment
on the two most expensive wines
on offer — the Grgich Hills, Napa
Valley Chardonnay ($84.65 a bot-
tle) and their Cabernet Sauvignon
($119.70 a bottle). The taster's indi-
cated that they usually found the
more expensive wines unimpres-
sive for the price, whilst both of this
year's expensive offerings were
hand crafted wines and well worth
the money.

A most welcome addition to this
year's event was the complimenta-
ry sampling of "party platter" items
provided by City Markets.

A constant line-up of patrons at
the stall attested to the appeal of the
various cheeses and cold-cuts avail-
able for sampling.

Mr Scates noted that patrons will
be able’to sample the 2007 George
du Boef ‘Beaujolais Nouveau’ at
this year’s Jollification.

need to start or advance your career and earning potential.






Thursday, November 8th at 6 p.m.
Student Educational Center - Bahamas
8 Jean Street, Nassau
R.S.V.P. nova.edu/business © 242.364.6766, Ext. 0

BUSINESS SCHOOL OPEN HOUSE

e Learn about our undergraduate and graduate degree programs.
¢ Speak with academic advisors.
° Receive admissions and financial aid information.
e Application fee is waived for those who attend.







Keith Parker/PS News/Features



BILLY YOUNG of Bermuda, second from the right, sampled wine 26, the Australian 2006 Wolf Blass
Chardonnay. Mr Young has attended the last seven Wine and Art Festivals sponsored by Bristol Wines and
‘Spirits: He said: "My friend’Kevin Collie, (pictured far right) has been to all 17 festivals and invites me to visit
Nassau eVery year at this time — | wouldn't want to miss it now — so look for me next year!" Serving the
‘ftiehds is Vanessa Walkes of Bristol Wines with Hazel Johnson looking on.



NSU.

Life is full of options. Every decision opens new doors and opportunities. At the H., Wayne Huizenga School of Business and
Entrepreneurship, you can earn a business degree in less than 18 months: And with classes available on campus, weekends and online, you
can earn it on your terms. Add distinguished professors who are real-world corporate leaders, and you'll be empowered with the skills you






WY

Sas

NOVA °™

SOUTHEASTERN
YOUR FUTURE. YOUR TERMS.“




UNIVERSITY







*



PAGE 12, WEDNESDAY, NOVEMBER 7, 2007 THE TRIBUNE



sence eeeeeeseeeranaeaenesenaeteneenseseneaeeeecas oneness enenees j oh n , ; ; ' : ' j at i sean i a ‘a

Pope meets
a Saudi king
for the first
time; raises
restrictions
on Christian
worship

@ VATICAN CITY

eve,
>
’

2 ee 2 aS



BENEDICT XVI raised con-
cerns about testrictions on
Christian worship in Saudi Ara-
bia on Tuesday in the first
meeting ever between a pope
and a reigning Saudi king,
according to Associated Press.

Benedict and other Vatican
officials have often protested
that Christians are unable to
worship openly in Saudi Ara-
bia and are barred from open-
ing churches in the desert king-
dom where Islam’s holiest sites,
Mecca and Medina, are located.

King Abdullah, the protec-
tor of the holy sites, requested
the audience during his Euro-
pean tour, the Vatican said.
Benedict warmly greeted the
king, grasping both his hands
before heading into 30 minutes
of private talks in his library.
ey es is oe “HONOUREES POSE for a photo with Governor General Arthur Hanna and National Security Minister Tommy Turnquest during the Prison Long Service Award Ceremony on Monday.
with a traditional Middle East-
engt agian | STAFF HONOURED AFTER 30 YEARS. ON THE: IO B::
ded with jewels — as well as a
gold and silver statue of.a palm

tree and man riding a camel. : © ©

The pope admired the statue ;

but merely touched the sword. -
Islam is the official religion of

Patrick Hanna/BIS:



Saudi Arabia and the kingdom
requires all Saudi citizens to be
Muslims. Only Muslims can vis-
it the cities of Mecca and Med-

ina. :

Under the authoritarian rule
of the royal family, the king- r
‘dom enforces strict Sharia, or :

Islamic law. It folloWs a severe
interpretation of Islam known
as Wahhabism which rejects the
possibility of diplomatic rela-
tions with a Christian entity.
This interpretation would pro-
hibit a Vatican embassy in Sau-
di Arabia on the grounds it
would be equivalent to raising
the cross inside the site of
Islam’s holiest places.

It is forbidden to practice
Christianity publicly inside Sau-
di Arabia, and it is illegal to
bring symbols from religions
other than Islam into the coun-
try. Bibles and crosses, for
instance, are confiscated at the

‘border.

Some Christian worship ser-
vices are held-secretly, but the
government has been known to
crack down on them, or deport
workers from the Philippines if
they are known to hold even
private services.

The United States has alto
criticized Saudi Arabia’s restric-e
tions on other religions.

The Vatican has said it wants
to pursue a dialogue with mod-
erate Muslims after the pope
angered the Muslim world in
2006 with a speech linking Islam
to violence.



CC nue Peo



fal

Sere mn Ye, ABOVE: Governor General Arthur Hanna presents Sarah Jennette Gardiner, chief officer, with the Long
a Service Award for more than 30 years of service.

ABOVE LEFT: Minister Tommy Turnquest brings remarks at the Prison Long Service Award Ceremony. : 7 }

Always wanted to be
your own designer?

Ifyou can dream it, |
we can help you make it come true.|

Join us for a free presentation
with colour and design expert

—--

Barbara Richardson
from Devoe Headquarters, USA



Seats are limited, so stop in for

your personal invitation today!

Bénjamins Diphenhydramine BE j

A bright new look for a familiar face.

A trusted name for over a century
www.pabenjamin.com

Devoted
to the dream



fom
-_





Daa

HELPING YOU CREATE AND MANAGE WEALTH




~ . NASSAU OFFICE
yy | Tel: (242) 356-7764

COO Qa kere







<—e_ oe + Sane , EK
DAY, NOVEMBER’ 7, 2007



FREEPORT OFFICE
Tel: (242) 351-3010

Exchange controls ©
‘undermine’ value |.
of Bahamas firms _







BISX awaiting $100m BEC |
bonds, secondary market

wires @ By NEIL HARTNELL
nove’ Tribune Business Editor

* Exchange makes ‘modest losses’ of less than

he Bahamas
International
Securities

Exchange (BISX) is
awaiting the pro-
posed listing of the
Bahamas Electricity
Corporation’s (BEC)
$100 million bond
issue and regulatory
approval for a sec-

ondary listing tier, a
The Tribune was told % a Devos
yesterday, with such :
organic growth key to

taking it into the black after two years of
“moderate losses”.
Keith Davies, BISX’s chief executive,

speaking in the wake of last week’s annu-.

al general meeting (AGM), confirmed
reports reaching The Tribune that the
exchange had made “moderate, contain-
able losses of less than $100,000” in each
of its last two financial years.

Yet he added that there was “an expec-



Sas _ $100,000 for past two years, but expects

positive income in future
* Government’s two nominees appointed
to Board, as Kerr and Andrews step down

tation” that BISX would start to generate
a profit soon through organic growth,
with increased revenues coming from
new listings and the launch of new prod-

_ ucts and services.

Mr Davies said BISX was “seeking to
have” the listing of BEC’s $100 million
bond issue on the exchange, such a com-
mitment having been made in the offer-
ing memorandum for that issue.

In addition, both Fidelity and CFAL
were working on the launch of invest-
ment funds that would give Bahamian
investors access to the international cap-

-ital markets, both of which would ulti-

mately be listed on BISX once approved
by the regulatory authorities.

Treating them all as sepatate events,
Mr Davies said yesterday these were
“three things we’re hoping will be on our
way shortly”...

He added: “You're going to see these
small, incremental steps building the mar-
ket, as government agencies and private
companies dip their toes in the water and
come to the public markets.”

BISX has long been working on an

‘incubator’ or secondary listing facility,

which would target smaller companies
not wanting to as yet be burdened by the
regulations and extra costs of being a

SEE page 3

@ By NEIL HARTNELL

Tribune Business Editor

BAHAMIAN companies
and assets are “being sold at a
slight discount” to the price
they could realise due to this
nation’s foreign exchange con-
trol and other protectionist
policies, an accountant warned
yesterday, explaining that such
policies were hurting the com-
petitiveness of this nation’s
firms.

David Slatter, associate
director of KPMG Corporate
Finance (Bahamas), told a
Bahamas Institute of Char-

tered Accountants (BICA).
seminar that much of the value

in Bahamian companies and
Bahamas-based assets depend-
ed on how they were perceived
by foreign investors.
Due to this
exchange control policies,

ation’s -

Protectionist policies
hurting Bahamian
firms’ ability to _
compete and
expand abroad

which could impact the foreign
investor’s ability to extract

profits, dividends and capital

from Bahamian assets, and
protectionist policies reserving
certain areas of the economy
for Bahamian ownership only,
such overseas investors were
likely to apply greater dis-
counts to valuation models for

these assets and offer lower ~~

purchase prices accordingly.

SEE page 7



Bahamas missing | Business owners urged: Allow

services tax funds

@ By CARA BRENNEN-
BETHEL
Tribune Business

.-.. Reporter

THE Bahamas must move
away from its heavy depen-
dency on customs revenue, a
former minister of finance
said yesterday, as it-is losing
out on potential revenues
that could be gained from
taxing its much larger ser-
vices industries. :

James Smith, now CFAL’s
chairman, explained that
under the current system,
lower income Bahamians
who rely heavily on goods
are taxed higher than

wealthy Bahamians who rely -

more on service-based items.

Making the tax system
regressive, rather than pro-
gressive, the Bahamas con-

tinues to employ.a structure |

that relies on the taxation of
goods, when the largest con-
tributor to GDP is the ser-
vices sector.
“So as the economy grows,
the revenue does not grow as
‘fast, because you are only

Tax regime change
is a must, Says

- former minister———}

taxing the smaller part. Our
economy has grown, but the
majority of that growth. is in
the services,” Mr Smith said.
He added that a tax system
based on this raises questions
of equality.
~ This is why, Mr Smith said,
the Bahamas will have to
move towards implementing
a Value Added Tax (VAT)
as a replacement for customs

_dutiés, something that finan-
cial officials have been work-

ing on for more than 10
years.

If and when the Bahamas
enters into an international

trade agreement, it would

have to restructure its tax sys-
tem to some extent.

Mr Smith added that
investment incentives cur-

‘rently granted under existing

i SEE page 5

Bahamas needs
the top financial

services brands

@ By CARA BRENNEN-
BETHEL
Tribune Business
Reporter

- THE Bahamas must do
more to attract well-known
financial institutions and
insurance companies to base
themselves in this nation, a
senior industry executive said
yesterday, boosting its per-
ception as a world-class inter-
national financial services
centre.

Wendy Warren, chief exec-

utive and executive director |

of the Bahamas Financial
Services Board (BFSB) said
there was untapped potential

to further develop the indus- .

try and improve its position-
ing by attracting companies

with a strong international -

presence and client bases to
come to the Bahamas.
Addressing the Bahamas
Institute of Chartered
Accountants (B ICA), Ms
Warren said that as an exam-
ple, among the top 20 most

——

recognisied brands in the

global financial services
industry, the Bahamas has
only attracted a few, such as
GCIECO:

She added that the
Bahamas has left virtually
untapped a huge potential
revenue base from the off-
shore life insurance and cap-
tive insurance, plus reinsur- |
ance, markets.

Ms Warren said that in
2006 alone, Bermuda, which
has positioned itself as a glob-
al insurance leader, generat-
ed revenue earnings of $10
billion from the sector.

Ms Warren said that if the
Bahamas’ second most-
important industry was to
succeed, there must be a
diversification of the finan-
cial services offered here.

A branding of the indus-
try, she added, will be a
major BFSB initiative in 2008
as the organisation seeks to

- SEE page 5

x

your

customers to speak directly to you

@ By NEIL HARTNELL
Tribune Business Editor

BAHAMIAN business owners have
been urged to develop mechanisms allow-
ing consumers to speak directly to them,
the Bahamas Chamber of Commerce’s
president saying that such avenues were a
“great way to learn about what is going on
in your business”.

Addressing a Business Survival Work-
shop staged by the Small Business
Resource Centre, Dionisio D’Aguilar,
president of-the Superwash laundromat
chain, said developing ways for consumers
to directly contact them would enable
business owners to develop customer loy-
alty and a ready-made sales base for their

“companies.

Using his business as an example, Mr
D’ Aguilar said his cell phone number was

posted’on the-wall in all Superwash out-

lets, ensuring that customers who had a
problem or grievance his staff could not
resolve could, instead, con tact him direct-
ly for redress.

He recalled that the previous night, he
had dealt with a complaint from a cus-
tomer that they had not received a refund
from one of his outlets, eventually settling
the matter himself.

Mr D’Aguilar said: “What I did was
open up an avenue to allow consumers to
speak to me. That’s very important. Make
yourself available to customers as much as
possible.

“T don’t know why other businesses
have not done this. It’s a great mecha-

ae

nism by which you can learn about what is

going on in your business. It’s amazing ‘\
-what.consumers.can tell you about what is

going on in your business.

“So-make sure you have a mechanism
by which they can reach you, 24 hours a
day, seven days a week, or whatever hours
you work.”

Superwash, Mr D’Aguilar said, was
founded by his father and uncle in 1968,
the latter spotting an opening in the laun-
dromat market, which at the time he felt
was poorly served by run down. locations
and sub-standard equipment.

- To find the right locations for Super-
wash, the Chamber president added, his

SEE page 6

Fidelity NMoneyBack Mortgage

Switch your Mortgage to the new Fidelity MoneyBack Mortgage and make a
bundle and save a bundle! We give you a monthly rebate and invest it for
you and we pay all legal fees when you switch!

ee or visit Fidelity for details.

Conditions apply.

Nassau: t 356.7764 © Freéport: t 352.6676

FREDERICK WULFF
STREET ROAD

CABLE
BEACH

MADEIRA
PLAZA

PARADISE
ISLAND



FREEPORT

=) FIDELITY.

More than a Bank

e Marsh Harbour: t 367.3135

MARSH
HARBOUR





THE TRIBUNE 92:

Bahamas tax/GDP —

PAGE 2B, WEDNESDAY, NOVEMBER 7, 2007





“When we want comprehensive and insightful
articles about the business community,
The Tribune is our number one choice.

‘The Tribune is our newspaper.”

RYAN WILLIAMS, TROY SAMPSON,
and RENEA BURROWS

APPROVED LENDING SERVICES

READ THE - s

susiness The Tribune
SECTION :

MONDAY TO FRIDAY





ratio among the
region’s lowest

@ By CARA BRENNEN- |
BETHEL a eal
Tribune Business

Reporter

THE Bahamian govern-
ment’s tax revenues are among
the lowest in the Caribbean
region when measured as a
percentage of this nation’s
gross domestic product (GDP),
it was revealed yesterday.

Revenue

Ehurd Cunningham, secre-
tary of revenue in the Ministry
of. Finance, told persons
attending a Bahamas Institute
of Charterd Accountants
(BICA) seminar that the
Bahamas depends heavily on
customs duties when compared
to the revenue collection meth-
ods used by other countries in
the region.

“For 2007-2008, tax revenues
are forecasted to comprise
$1.317 billion or 88 per cent of
total annunal revnue, and rep-
resent 19 per cent of GDP,”
Mr Cunningham said.

tn

“Historically, tax revenues
grew from approximately $750
million in 1998-1999 to approx-
imately $1.173 billion in fiscal
year 2006-2007. For fiscal year
2007-2008, of the total tax rev-
enue, 46 per cent is forecasted
to be collected from customs
duties, 30 per cent from stamp
tax and 8 per cent from
tourism tax.”

However, Mr Cunningham
also pointed out that in com-
parison to CARICOM coun-
tries, customs duties averaged
some 17 per cent of total tax
revenues in the region.

“From a recent. survey
undertaken by CARICOM,
out of a group of 17 countries,
the Bahamas is rated second
lowest overall on revenue col-
lected when compared out of

' percentage of GDP,” Mr Cun-

ningham said.
Income

This was partly due to the
absence of income tax and the
Government’s policy over the
years, he added. A Value

Trifune - the #1 newspaper
in circulation, just call
322-1986 today!



Added Tax (VAT) is now
viewed as the most likely
option of the Bahamas ifs
forced to revamp its tax sys-
tem and replace the reliance
on customs duties.

Bahamas

Mr Cunningham explained
that if the Bahamas were to
enter into proposed trade
agreements such as the World
Trade Organisation (WTO),
Economic Partnership Agree-
ment with the European
Union (EU), and the CSME,
the tax system and methods
for the Government to raise
revenue would have to be
amended.

It could also transform the
Customs Department into an
agency more focused on bor-
der protection than revenue
collection.

“Trade agreements may
cause the reduction of other
revenue collections, as they
may be considered tariff sub-
stitutes and undermine the
purpose of the trade agree-
ment. The tourism concessions
may also need to be reviewed.
Tourism is important to the
ecomomic life of the Bahamian
economy, and more countries
are increasing efforts in the
area,” Mr Cunningham
explained. °

“Tt is critical, therefore, that
agreements signed are able to
maintain and enhance the lev-
el of revenue recieved in terms
of things such as hotel tax and
departurte tax. They have a
direct and indirect impact on
employment and other tourism —
related activity.”

aV@ a little

we”

Win alot! !

Open a new account ore NY Pr ae
and get a chance to win up to i weil , SEE







The prizes get bigger
and bigger every month!

cvery..

i

yes



ance To

draws November - $1,500
December - $2,500
January - $3,500
February - $5,000

M

OU ¢



BZ

uct X

a



For more information visit any branch of FirstCaribbean International Bank.
Or call: |

New Providence - 502-6800/01 Grand Prize $20,000
Family Islands - 1-242-300-2255 | paid over a12 month

tie csvnetittisins appt | | period in $1,666 instaliments.






> FirsTCaRiBsean
"| UNTERNATIONAL BANK
GET THERE. TOGETN:

yr NH





THE TRIBUNE

WRUVINCOVAT, INUVEIWIMmLI 7, CUUl, IE NUk Ue





Firms must speak ‘in
a first world manner’

@ By NEIL HARTNELL.
Tribune Business Editor

BAHAMIAN companies must
learn to speak to potential multina-
tional and corporate clients “in a first
world manner” if they hope to land
lucrative contracts, the Bahamas
Chamber of Commerce’s president
has warned.

Addressing a Business Survival
Workshop staged by Mark Turn-
quest’s Small Business Resource Cen-
tre, Dionisio D’Aguilar said he and
his brother had started a pest control
business after realising there was a
demand for such services among the

major hotels that was not being prop-
erly met.

He explained that hotel operators
told him they were frequently chang-
ing pest control contractors, some-
times as often as every six months, as
the repetitive, ‘boring’ nature of the
job was encouraging service standards
to slip.

Commercial

“We landed a large commercial
client almost immediately, and that
was Atlantis,” Mr D’ Aguilar said.

“We were very lucky, and the key
was being able to communicate with



Dionisio D’Aguilar

them in a first world manner.”

Too often, the Bahamas Chamber
of Commerce president said, Bahami-
an firms and entrepreneurs are “not
able to be sophisticated enough to
deal with large customers like
Atlantis”.

As a result, they often missed out
on major contracts offered by large
Bahamian companies and multina-
tionals, such as Kerzner Internation:
al, that were based here.

Comfort

To further give Atlantis comfort in
his company’s service quality and per-

formance, Mr D’Aguilar said the pest .
control business guaranteed that it
would bring in a United States-based
professional once every three months
to inspect the resort and the work
done, providing a report to both par-
ties.

“That gave them a certain comtort
level that we would be able to per-
form,” Mr D’ Aguilar said.

Pointing out that “there are busi-
nesses and ideas out there that don’t
require tonnes of capital” to get start-
ed, Mr D’ Aguilar said his pest control
business had required just $30,000 in
initial capital investment, mostly on
trucks, equipment and labour.



BISX awaiting $100m BEC bonds, secondary market

FROM page 1

the second tier of the market.

working. Hopefully, we will be

the two

government



public company, but still
desirous of operating in a reg-
ulated, transparent environ-
ment as preparation for a pos-
sible future listing.

“What’s happening on the
secondary market is that we
have made a formal represen-
tation/presentation to the
Securities Commission to seek
approval for its creation in a
formal way,” Mr Davies said.

“We were waiting at the end
of last week for a response
form the Commission.”
‘Although Tropical Storm Noel
intervened, Mr Davies said:
“By the end of this week we
hope to receive some sort of
formal response from them,
and it it’s positive it will allow

PAY A FRACTION OF THE USUAL COST FOR HEALTHCARE...

(CAN'T AFFORD HIGH MONTHLY HEALTHCARE FEES?

SAVE MONEY ON YOUR MEDICAL EXPENSES.
WITH eee oN HEALTH MEDICAL PLAN!




















to take shape on BISX.”

On the exchange’s financial
performance, Mr Davies said
BISX was hampered by a “vol-
ume issue”, as there was not
enough trading and liquidity
in the market to generate the
volume of share transactions
required to place it in the
black.

He added: “BISX in its cur-
rent form will continue to
make decreasing modest losses
as the market expands. There
is an expectation we will move
to a positive income in the near
future” through an expansion
in the volume of securities
traded, and the activities stim-
ulated by this.

“A lot of hard work has
gone into making the company
lean and efficient,” Mr Davies

‘said. “That’s'‘the plan and it’s

able to report some positive
steps in the near future. Stuff is
poised to come to us.”

Meanwhile, the BISX AGM
saw the nomination of the
Government’s two appointees,
bank examiner and ex-Coutts
executive George Farrington,
and Simon Wilson, the Min-
istry of Finance’s director of
economic planning, to the
exchangeé’s Board.

They will replace Peter
Andrews, Bahamas Waste’s
chairman, and Kenwood Kerr,
Providence Advisors’ chief
executive, who did not seek re-
nomination, on the Board. Ian
Fair remains as chairman, and
the other directors are
Franklyn Butler, Tony Joudi,
Earl Cash, and Michael Ander-
son.

While the nominations of

appointees have not, at least
on the surface, brought the list-
ing on BISX of government
paper debt securities such as
Government-Registered Stock
and Treasury Bills any closer -
a move that would give the
exchange the critical mass it
needs to get into the ‘black’ -
Mr Davies said both men were
“deeply committed” to BISX.

“Those two can be called on
at a moment’s notice for imme-
diate guidance, consultation
and support,” Mr Davies said.

“This last AGM we had a
very good turnout, a very good
dialogue with our sharehold-
ers, and everyone came away
feeling positive about the
direction of the company and
the positive strides made and
the path for the future. It was a
very. positive meeting.”








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

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














DISCOUNT HEALTH CARD FOR THE USA!





ssSBSAEOGRROOQALALA EES EEO DFE
X



And many more:
Family plan used for husband, wife,
significant others, dependent children...

ARE UNDER ONE PLAN ONLY!W!

SHounaey

Additional providers are on the network (check website for more listed areas)
Has 24 hour Nurse assistance by hotline...
Some Features and Services:

80GB BD.
=





No Limits to savings or restrictions on use!!!
Members can use the program as soon as they receive
the materials and the card in the mail...!!!

Sign up today for only $19.90 per month /$239.00 per year...
(Price per month, is based on yearly sign up only)

and begin saving immediately on your Healthcare Cost!!!
PLANNING A TRIP TO THE USA....SIGN UP NOW!
FOR MORE INFORMATION OR FOR ORDERING YOUR CARD:

Call now: 327-8192

Share your











Lannea nniene RANG
s
=
x



PLEASE VISIT OUR WEBSITE FOR MORE INFORMATION OR TO ORDER THE CARD DIRECTLY ON LINE.

mediprohealth.com





PAGE 4B, WEDNE





SDAY, NOVEMBER 7, 2007 THE TRIBUNE

A Leading Global Distributor is Seeking a

A client of Ronald Atkinson & Co. is a leading distributor of electronic accessory
products and they are seeking an exceptional person to serve as a Logistic

ee Specialist in their Nassau office. This key role will drive the international
Thursdsay, November Sth 2007 logistics of their products through strong collaboration with purchasing,

5:30 - 7:00 PM |

SESS:



_o
=
.
SS

MMMM MA ALDI

Wa

LMM Abt Hib bp



~ iAipdhdbondohes



@ Aomes

contract manufacturers, and customers. Experience managing worldwide
product distribution is critical for success.

Responsibilities include:

e Receive product orders from internal and external international
customers

* Create purchase orders

e Maintain records of goods on order and requested shipping dates

¢ Monitor and check status of orders with suppliers to confirm on schedule
production ;

¢ Monitor shipping notices to eliminate delays, report problems or delays
to Manager

© Maintain cordial relations with suppliers and customers to ensure
cooperation when unexpected events require rush delivery of orders or
special requests

¢ Prepare and ensure accuracy on all documents associated with
purchasing, expediting and international shipping

e Ensure accuracy on invoicing with accounting

* Communicate as appropriate with local Manager, Purchasing / Supply
Chain Manager, and customers in a professional manner

|



Requirements:

e A Bachelor's degree or equivalent experience
¢ Three to Five years of purchasing and logistics experience
¢ Knowledge of international purchasing process
¢ Knowledge of international shipping documentation and related
processes :
¢ Knowledge of customs compliance
¢ Exceptional written and verbal communication skills
e Strong analytical skills
e An advanced understanding of Excel & Word applications
* An understanding of accounting and accounting applications
RAWAK ¢ Fluency in Mandarin (written and verbal) is not a requirement but is a
“plus” for this post.
This Company offers a competitive compensation package and salary will be
consummate to experience of the applicant.

PILILLLLTLLITILOUOOLI LILIA ly Dt.

ee

e House. Shirley St. 394-0011 Qualified and: interested candidates should submit their resume with salary
history to Ronald Atkinson & Co. attention Bennet Atkinson, P.O. Box N-8326,
Augusta & Virginia Streets, Nassau, Bahamas, fax 242-326-5602, e-mail

accountants@ronatkinson. biz



“Informative. I can be sure to read something of value in The Tribune. It is filled with
information about local news, sports, entertainment and world news — subjects that are

important to me. The Tribune is my newspaper.”

The Tribune

CONSTRUCTION FOREMAN
ep of A pp, Power a oye
Wily. Vewe. Vly Vagpyer

a

Purchase The 1 your
local store or street vendor,

ribune from







~e4

Logistics Specialist |»



THE TRIBUNE



Missing services
taxfunds -

FROM page 1

legislation would not be
amended. He said that in the
case of projects such as
Atlantis and Baha’ Mar, the
trade-off would be the impact
to the economy and the job
creation.

However, he pointed out
that currently Freeport’s
Hawksbill Creek Agreement
generates tax incentives worth
more than $300 million a year.
“We tend to forget that, but
no other project in the country
has as many concessions,” Mr
Smith said.

Almost 60 per cent of govy-
ernment revenue is derived
from customs and stamp
duties, and given that those
taxes are considered barriers
to trade, restructuring is bound
to be the order of the day

Budget

In this year’s budget, of the

‘forecasted $1.5 billion in rev-

enue, $800 million or 55 per
cent will be derived from cus-
toms and stamp duty, Mr
Smith said

He added that in his view, a
new tax regime would be nec-
essary even if the Bahamas did
not sign on to any trade agree-
ments because of the lack of

revenue buoyancy. And the
implementation of an appro-
priately-designed VAT could
be used to eliminate other tax-
es, such as business taxes, once
it was set at a reasonable level.

Other countries in the region
have VAT taxes set at rates of
between 10 and 15 per cent,
Mr Smith said, adding that the
introduction of a VAT or any
form of taxation would require
tough enforcement to ensure
monies owed were collected.

Mr Smith acknowledged that
the culture and history of the
Bahamas makes the introduc-
tion of a new tax regime a dif-
ficult thing to implement and
be accepted by the Bahamian
people.

Bahamas needs
the top financial

services brands



Ms Warren added that Bahamian financial

FROM page 1

promote the Bahamas as a place to do business
by sending out the message: “Make your address
the Bahamas.” '

She said that if this campaign was to be effec-
tive, the Bahamas must overcome its major
challenge of a lack of excellence, and strive to
bring quality service to the Bahamas - not just in
financial services, but in every area of national
development.

_services providers must also adapt their way of

serving high net'worth clients.

“Today, we are seeing a new class of high net
worth individuals; they are younger and they
are less prepared to remain loyal to a financial
provider, and so we have to respond different-
ly than we have done in the past,” Ms Warren
said.

She added that the BFSB will continue to
provide input into amendments of financial
services-based legislation through consultation
with all stakeholders.

WEDNESDAY, NOVEMBER 7, 2007, PAGE 5B

SUNSHINE INSURANCE

(AGENTS e& BROKERS) LIMITED

Correspondents for MA R S$ H

The world’s #4 risk spectalist

SUNSHINE FINANCE LTD.
LENDING & MORTGAGE SERVICES
; A SUUBSU MBBS OF SUNSHINE POULANGS LID,

Please note that both our offices, Shirley
Street and Blue Hill Road Branches

will close at 3:00 pm on Wednesday
7th November, 2007 for our —
STAFF MEETING

The office will re-open on —
Thursday 8th November, 2007.

Sorry for any inconvenience.

CFA SOCIETY OF THE BAHAMAS

_ ANNUAL AWARDS CEREMONY and
CFA PROGRAM INFORMATION EVENING
. TOPICS. as
_ “AN INTRODUCTION TO THE CFA
(CHARTERED FINANCIAL ANALYST)
PROGRAM AND THE EDUCATION
REVIEW COURSE” —

DATE: Friday, November 9th, 2007

(event postponed from original date of Nov. 1st due to inclement weather)

TIME: 6:00 p.m. Cocktails
6:30 p.m. Presentation

PLACE: Wedgewood Room
British Colonial Hilton
One Bay Street

GUEST SPEAKER: Charles W. L. Deale, Head of Society
Relations, CFA Institute, Charlottesville, Virginia

“COST: Complimentary

RESERVATIONS: PRE-REGISTRATION REQUIRED by November 8, 2007

Karen Pinder, CFA
karen.pinder@efgbank.com
Telephone: 502-5405

The Chartered Financial Analyst (CFA®) Program is a globally recognized

standard for measuring the competence and integrity in the fields of
portfolio management and investment analysis. Three levels of
examination verify’ a candidate's ability to apply the fundamental
knowledge of investment principles across all areas of the investment
decision-making process. The next examination date is June 7, 2008 and
the final registration and enrollment date is March 17, 2008. We
encourage all interested persons to attend the information evening to
learn more about the CFA Program. The CFA Society of The Bahamas, will
present a brief outline of the CFA Institute, and the local society. Special
Guest Speaker, Mr. Charles W.L. Deale, Head of Society Relations, CFA
Institute will provide an outline of the CFA Program and present the
charters to the new CFA Charter holders. The Education Committee will
provide a brief outline of the 2007-08 Education Programs planned for
Level |, Il, and Ill candidates. A Q&A Panel Session will follow the
presentations.





THE TRIBUNE) ois:

Allow your —
customers to —

PAUE 0B, WEUNESDAY, NOVEWNIBER /, 20U/



The Four-Way Test

“Of the things we think,

say or do

1. Is it the truth?

2. Is it fair to all
concerned?

3. Will it build goodwill
and better friendships?

4. Will it be beneficial to

From the earliest days of the
organization, Rotarians were
coneerned with promoting high
ethical standards in their
professional lives, One of the
world's most widely printed and
quoted statements of business
athics is The Four-Way Test,
which was created in 1932 by
Rotarian Herbert J. Taylor. This



24-word Test has been
translated into more than a

all concerned?”

hundred languages and
published in thousands of ways.
it asks the following four

questions:



Rules:

Children ages 10-16 may ent

‘Jadging will be in two.

age categories: 10-13 years and 14-16 years for a first
and second place winuer in each category.

. Write a essay answering the following subject:

“What does the Four-Way Test mean to me.” Explain

OFFICIAL ENTRY FORM
SRE ES TN Sane Nee ens Noresion SE cuacteoebienw anid

your
your life,

ig of the 4-Way Test as it relates to
experiences, and/or society in general.”

Your essay must include the four principles.

. The body of the essay must not exceed 1,000 words.

Address:

Adults may assist the child in filing out the entry form,

but not in writing the letter.

P.O. Box:

. Limit one essay per child. All entries must be received by

the Rotary Club of Rast Nassau before Nov 30, 2007,
. Only essays accompanied by original entry forms clipped
accepted. Photocopy, fax,

from the newspaper will he

carbon or other copies will not be accepted.
. One winner will be chosen from each age category. The

decision of the judges is final.

. Winner roust agree to a photo presentation which will

be published in the newspaper.

. Mail essay and completed newspaper clipping to

The Four-Way Test Essay Compatition,

Attn: Michele Rassin, The Rotary Club of Bast Nassau,

P.O. Box SS-6320, Nassau, Bahamas

The Tribune. lw

. Ply Vere. Hy Plewsggeee!

52wk-Low
Abaco Markets

Security

*

All entries became property of the Rotary Club of Bast Nassau and can be used
and reproduced for any purpose without compensation.

Rotary Club of
v
EAST

awe” NASSAU ON





Bahamas Property Fund

7.86
0.70
1.65
1.20 Fidelity Bank

9.81 Cable Bahamas
1.83 Colina Holdings
12.10
4.70
2.20
5.54
12.00
13.85
5.18
0.54
7.10
8.52

‘Benchmark

Famguard
Finco
FirstCaribbean
Focol (S)

ICD Utilities
J. S. Johnson



Bank of Bahamas

Bahamas Waste

.Commonwealth Bank
Consolidated Water BDRs
Doctor's Hospital

Freeport Concrete



14.25 Bahamas Supermarkets
6.00 Caribbean Crossings (Pref)

0.20 RND Holdings

41.00 ABDAB

14.00 Bahamas Supermarkets



52wk-Low
1.3128
2.9449
2.4687
1.1970

11.2596

f 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

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

Colina Money Market Fund
Fidelity Bahamas G & | Fund
Colina MSI Preferred Fund
Colina Bond Fund

Fidelity Prime Income Fund



1.361452*
3.3829***
2.921539***
1.274052***
11.7653*"*

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

IARKET TERMS

EPS $ - A company's reported earnings per share for the last 12 mths

NAV - Net Asset Value
N/M - Not Meaningful



1.160
0.000

4.450
1.160



speak directly _

to you

FROM page 1

relatives stood on street cor-
ners for eight hours a day over
a three-week period to mea-
sure the car and traffic flow, a
gauge of likely consumer activ-
ity.

After joining the business in
1993, Mr D’Aguilar said
Superwash had expanded from
five to nine locations. Yet in
the first year he was there it
made a $500,000 loss, and what
saved the business and allowed
it to flourish was the move to
24 hours per day, seven days a
week, opening.

“Revenues doubled without
any material increase in
expenses,” Mr D’ Aguilar said,
joking that it “broke my heart”
to close all Superwash outlets
at 6.30pm last Wednesday
night due to Tropical Storm
Noel.

He added that his staff found
it difficult to find the keys to
lock up, because Superwash
was never closed, and then
there were issues of who would
re-open the business. ,

The fact that Superwash was
open all the time also acted as

Yield

0.400
0.260
0.020
0.060
0.040
0.240
0.080
0.680
0.050
0.020

0.240
0.570
0.470 :
0.133 16.8
0.000 N/M
0.200 17.6
0.590 10.1 5.87%
0.600 8.6 6.00%
IV le
1.125 13.4

0.480 NM

40,000. NIM. 0.008
1.125 13.4 7.71%
0.000 N/M 0.00%

(}

4.11%
0.79%
0.89%
3.69%
4.46%
3.21%
2.24%
0.00%
2.76%

* - 26 October 2007

**- 30 June 2007

*** ~ 30 September 2007
*** 34 July 2007

FINDEX - The Fidelity Bahamas Stock Index. January 1, 1994 = 100



Eg ON RRR eh
em ee Raab

a self-monitoring system to
ensure staff got to work on
time, Mr D’ Aguilar said.

He added that finding
employees with all of three key
qualities - the ability to get to
work on time, honesty and
ability to interact properly with
customers - was “a major prob-
lem for employers”.

“All I do is pop up and keep
my staff on their toes,” he
added. “I have kind of devel-
oped an intelligence network
in my business. That’s how I
keep my finger on the pulse of
my business, making sure it
runs smoothly. It’s all about
the nuts and bolts.”

When it came to running
start-up companies, Mr
D’ Aguilar said that if entre-
preneurs did not have the
“passion” to do so themselves

they were “wasting their time”.

“Tt needs the passion, and it
needs your individual atten-
tion, because no one can run
the business as well as you can.
You cannot delegate to some-
one else. It will fail,” Mr
D’ Aguilar said.

As an example of this “pas-
sion”, he pointed to ex-Com-
monwealth Bank executive
Walter Wells, who left a senior
post to build a consortium to
acquire Caribbean Bottling
Company, the Bahamas man-
ufacturer of Coca-Cola and
other soft drinks, which-had
fallen on hard times.

Adding operational exper-
tise through the 30 per cent
stake taken in his group by
Banks Breweries (Barbados),
Mr D’Aguilar said Mr Wells
entered a new field to turn
around a company that had
falten on hard times, with
Coca-Cola product previously
missing from many store
shelves in New Providence.

The Chamber president
described as “the hardest part”
for entrepreneurs and start-ups
as generating the first $100,000
in revenue, as “once you get
past that it becomes easier and
easier and easier”. .

Urging entrepreneurs to
assess the competition they
would face when starting out,
Mr D’Aguilar contrasted the



NOTICE

bottled water sector with
Superwash’s own. While there
were no barriers to entry in the
former, the laundromat trade
required large amounts of
upfront capital to equip loca-
tions and purchase machinery,
providing “substantial barri-
ers”.

Mr D’Aguilar said he was
trying to raise these barriers
every year by investing in
standby generators, new loca-
tions, new washers and driers,
and providing additional ser-
vices such as steam pressing.

“When starting out, you
have to figure out your com-
petition and what is going to
differentiate you from them,”
Mr D’ Aguilar said.

“That’s what being an entre-
preneur is all about. You’ve
got to have passion and learn
to differentiate yourself from
the competition.”

Bemoaning the dearth of
middle management talent in
the Bahamas, Mr D’Aguilar
said that in the food retail busi-
ness it was critical to have the
right managers to run stores. »

“Tf you have a useless man-

ager, that business will not do |"

well. It’s so important that the
guy running it knows what he
is doing,” said Mr D’ Aguilar,
speaking from experience by
virtue of being an Abaco Mar-
Kets director.

As an example of a business

in which he invested that did

not succeed, Mr D’Aguilar
referred to Pizza, Pizza, which
was set up in 1995 under the

management of now well- .-

known radio personality Jeff a

Lloyd.

Mr D’ Aguilar said the ven- a

ture cost him and fellow
investors “hundreds and hun-

dreds and hundreds of thou-

sands of dollars”.

“We got it totally wrong. We -

tried to be too big too fast, we
tried to grow too fast, and for-
got to keep it simple,” Mr
D’ Aguilar said, adding that the
company never opened its
planned second outlet.

He warned entrepreneurs to
ensure their businesses were
running smoothly before they
sought to expand.

NOTICE is hereby given that RONALD JOSEPH of
FOX HILL, NASSAU, BAHAMAS, is applying to the Minister
responsible for Nationality and Citizenship, for registration/
naturalization as acitizen of The Bahamas, andthat 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 31ST day of
OCTOBER, 2007 to the Minister responsible for Nationality
and Citizenship, P.O.Box N-7147, Nassau, Bahamas.



NOTICE

NOTICE is hereby given that JUNIOR ANTHONY DAVIS OF
YELLOW ELDER #3, P.O. BOX N-1639, NASSAU,
BAHAMAS, is applying to the Minister responsible for
. Nationality and Citizenship, for registration/naturalization
as a citizen of The Bahamas, and that any person who
knows any reason why registration/ naturalization should
‘not be granted, should send a written and signed statement
of the facts within twenty-eight days from the 31st day of
October, 2007 to the Minister responsible for Nationality and
Citizenship, P.O.Box N- 7147, Nassau, Bahamas.

NOTICE

NOTICE is hereby given that SYLVENA DUCENOR OF
BAILY TOWN, BIMINI, BAHAMAS, is applying to the

Minister responsible for Nationality and

itizenship, 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 31st day of October, 2007 to the Minister
responsible for Nationality and Citizenship, P.O.Box N-7'147,

Nassau, Bahamas.



<

*

. *



-. THE TRIBUNE

- Exchange controls ‘undermine’

WEDNESbnn., iv. v evict 7, 2007, PAGE 7B

value of the Bahamas firms

FROM page 1

While Bahamian companies
were restricted in their ability
to access foreign reserves for

_ . investments abroad, Mr Slat-
+[+]-'-ter explained that while this
*.7."- nation’s economic model

sought to attract international

Nats capital and foreign investment
.:.: inflows, repatriating these lat-
‘}+]- ter flows could be more prob-

+ 1.7." lematic.

Using the September 11,

2001, terror attacks as an

example, Mr Slatter said that

_-- since the Central Bank of the
~. Bahamas’ main objective was°

->.*.> to protect the foreign reserves

">. and maintain the one-to-one

peg with the US dollar, if such
an external shock happened it
would have no choice but to
place a block on large foreign

currency outflows.

Impede

Such a move could impede
investors seeking to make large
capital withdrawals, Mr Slat-
ter saying any move to liqui-
date large investments such as
$100 million and withdraw that
capital could not be allowed
by the Bahamas in such cir-
cumstances.

“This liquidity risk -will
reduce the value of Bahamian
firms in the eye of foreign
investors,” Mr _ Slatter
explained.

“A. lot of Bahamian value is
dependent on the foreign
investor and what they see.
They would see a significant
risk that they may not be able

to get capital out when they
‘.* need to.”

Similarly, when it came,to

- the:conduct.of monetary. poli-.,
cyy'MrSlatter, contrasted the.
'. US Federal Reserve’s ability

'. to cut interest rates and stimu-

late borrowing and consumer

4 ’+’ demand to stave off a reces-
‘‘ +’ + sion, with the policy that the
‘.’ Central Bank of the Bahamas

would pursue.
Again, given that the Cen-

tral Bank’s main target was
preserving the one-to-one US
dollar peg and protecting the
nation’s foreign reserves to
ensure the Bahamas had
enough import financing, Mr

Slatter said such interest-rate _

cutting tools were not avail-
able in the Bahamas. ~

Post-September 11, rather
than.cut interest rates to stim-
ulate the economy, Mr Slatter
said the Central Bank restrict-
ed credit creation to protect
the foreign reserves.

He explained: “This leads to
wider fluctuations in GDP
growth than would otherwise
be the case.” This, Mr Slatter
said, would lead to greater rev-
enue volatility and greater
forecasting risk for Bahamian
firms, as a volatile economy
made for earnings volatility.

Seeing all this, Mr Slatter
said foreign investors would
build in greater discount rates
on cash flow valuations of
Bahamian firms, again reduc-
ing their value.

“Many of these foreign enti-
ties, when they invest in the
Bahamas, they use a discount
rate or rate of return that
reflects the risk,” Mr Slatter
said. “When they do that, that
hurdle or price they are willing
to pay goes down.

“IT would argue that many of
these Bahamian assets are
being sold at a slight discount
to what they could be.”

He added that the exchange
control regime had enabled
Caribbean companies, such as
Barbados Shipping & Trading,
Banks Breweries (Barbados),
Sagicor, CLICO, Sandals,
Breezes and others to enter
the Bahamian market, but had
restricted companies in this
natign from entering there’s
an d expanding abroad.

“Foreign investors are
acquiring Bahamian assets, but
Bahamian firms are not buying
foreign assets,”, Mr Slatter said.
“If you’re looking for signifi-
cant examples of where
Bahamian firms acquired for-
eign assets, nothing comes to
mind.”

Some Bahamian companies
had returned foreign-owned
assets to domestic ownership,

he added, citing FOCOL
Holdings’ acquisition of Shell
(Bahamas); Colina’s purchase
of Imperial Life, Canada Life
and Global Bahamas; and
Bahamas Supermarkets’ acqui-
sition by BSL Holdings.

Companies

Questioning whether
Bahamian companies were
more competitive and of
greater value than they were
10 years ago, Mr Slatter said

companies that were in pro-
tected industries, such as those
reserved for Bahamian own-
ership only, were having their
“ability to realise their true val-

ue” restricted.

The growth rate for such
firms was much smaller, he
explained, and the value for
firms in industries reserved for
Bahamian ownership, such as
retail, wholesale, restaurants,
real estate and the media, was

being kept down by the pool of '

potential buyers being restrict-

ed to domestic companies only
- usually competitors wanting
to increase market share.

In addition, companies in
protected industries were slow-

er to adopt new management _
techniques and technologies, .

refusing to become more effi-
cient and tied to the ‘old way’

of doing business, again
depressing their value.

Because they were not pre-
pared for competition, compa-
nies in protected industries
would be subject to greater dis-
counts on their value than non-
protected sectors, Mr Slatter
said,

Royal Island (Bahamas) Limited
INVITATION FOR EMPLOYMENT



NOTICE.

NOTICE is hereby given that CECILIA ST. LEO FORBES
OF BARTLETTE HILL, GENERAL DELIVERY, GRAND
BAHAMA, BAHAMAS, is applying to the Minister responsible
for Nationality and Citizenship, for registration/naturalization
as a citizen of The Bahamas, and that any person who
knows any reason why registration/ naturalization should
not be granted, should send a written and signed statement
of the facts within twenty-eight days from the 7TH day of
NOVEMBER, 2007 to the Minister responsible for Nationality
and Citizenship, P.O.Box -N-7147, Freeport, Bahamas.

KING'S
REAL ESTATE

_ King’s Real Estate Company Limited is a Bahamian Real
Estate and Development Company. We are currently
looking for applicants for the below positions: i

CIVIL ENGINEER

Bachelor Degree or higher in the field of Civil
Engineering.

3-5 years experience in Civil Engineering and
Construction related fields.
She ets with the Bahamas Professional Engineers’
Board.

Experience in the design of Subdivisions, Roads,
Airports, Drainage and Water & Sewerage Systems.
Ability to use engineering software such as Auto
CAD 2004. 4

Proficient in implementing site quality assurance
measures and overseeing site supervision.
Hardworking and able to handle a number of projects
simultaneously.

REAL ESTATE AGENT

* 3-5 years experience in the Real Estate Industry,
° Licensed with the Bahamas Real Estate Association.
° Motivated.

King’s Real Estate is a team orientated company and
potential employees should be capable of adapting to
this philosophy.

All interested candidates should e-mail there resumes to:
-kingsley@kingsrealty.com



Legal Notice

| Ney Nelo

INTERNATIONAL BUSINESS COMPANIES
ACT
(No.45 of 2000)

CHANTEL OVERSEAS LTD.

In Voluntary liquidation it
Notice is hereby given that in accordance with Section 137 (4)
of the International Business Companies Act (No. 45 of 2000),
CHANTEL OVERSEAS LTD. has been dissolved and struck off
the Register according to the Certificate of Dissolution issued by the
Registrar General on the 25th day of October, 2007.

PABLINO EDWARDS BENITEZ
Rincon §31,
Unidad 502 Montevideo
Uraguay
Liquidator



Legal Notice

| NOTICE

INTERNATIONAL BUSINESS COMPANIES
ACT
(No.45 of 2000)

OLDEMAR TRADING CORP.

In Voluntary liquidation

Notice is hereby given that ih accordance with Section 137 (4)
of the International Business Companies Act (No. 45 of 2000),
OLDEMAR TRADING CORP. has been dissolved and struck off
the Register according to the Certificate of Dissolution issued by the
Registrar General on the 25th day of October, 2007.

Mr. Alexander Yakovchuk :
15, Bolotnikoyskaya Str.,
_ Apart. 21



SS
RQOSIHK
‘>

TEER
oo

Position Available:

HEAVY EQUIPMENT
MAINTENANCE MANAGER

Job Description:

Responsible for the management of. all
maintenance activities in Nassau ensuring
all preventative maintenance and heavy
equipment repairs are conducted as per com-
pany standards. Conducts on-site audits and
evaluations of port equipment, coordinates
repair activities and preventative procedures.

Education:

High school diploma or equivalent. Trade
or Technical certificate in Heavy Equipment
Maintenance. :

Experience:

Five years experience in heavy equip-
ment maintenance with at least two years
in management of equipment maintenance.

Container Terminals offers a highly competi-
tive package of benefits. Salary is commen-
surate with qualifications and experience.

Royal Island (Bahamas) Limited, the developers of the
Royal Island Resort and Residential Project, just off North
Eleuthera wish to fill the following position:

" ADMINSTRATIVE ASSISTANT

Successful applicant will be responsible for the following:
¢ Daily cash tansactions
* Accounts Payables
© Wages, national insurance & timesheets
¢ Cheques Tranactions
* Cheque Reconciliations
¢Staffrecords
¢ Meeting Minutes
° Reports
° Log Sheets
° Departmental or Specific Task summeries
° Correspondences
* Undated and backed up Computer Files
° Up-to-date filing
° General office cleanliness

Qualifications and Experience:

The idel candidate should have:

* At least 5 years experience in a similar capacity.

* Sound computer skills (experience with Word, Excel
computer networking, email programs essential).

* A background in Legal, Accounting, Property
Development or Hospitality fields a plus.

¢ Accounting and Human Resources experience.

¢ Strong interpersonal and Organizational skills.

The successful candidate will be required to reside at
Eleuthera.

Interested persons should submit their resumes with cover
letter to:

Harcourt Management Services Ltd.
P.O.Box N 1991
Nassau Bahamas
Fax to: (242) 356-4125
Or Email to: info@gomezcorp.com

Royal Island (Bahamas) Limited thanks all applicants for
their interest, however only those candidates under consid-
eration will be contacted. :



Julius Bar

Julius Baer Group, the leading dedicated Wealth Management is seeking candidates for the
position oft

HEAD OF ITALIAN DESK
CORE RESPONSIBILITIES:

* Setup and lead a team of relationship managers with focus on Italian speaking
European Countries (Italy and Switzerland)

Acquisition of new clients

Client retention and servicing of existing client relationships

Frequent business trips to Europe

Promote Nassau as financial centre and JB Nassaias booking centre for offshore
clients.

REQUIRED SKILLS:

* Excellent verbal and written communication skill
* PC literate with strong Excel, Word, PowerPoint (ability to lear new applications

® hee excellence
EXPERIENCE:

'+ Mirimutn 10 experienc fh Swise Banking in related fl
EDUCATION: |

* ABachelor's degree with concentration in Economic, Business Administration or
equivalent,

FOREIGN LANGUAGES:
* The ability to speak a third language would be an asset

We offer a very competitive compensation and benefits package, a stimulating work
environment and the opportunity to make a significant contribution to our business while
expanding your career,

Interested candidates should forward a copy of their resume by October 31*, 2007 to the
attention of:

BY.MAIL

Personal & Confidential
Human Resources
P.O, Box N4890
Nassau, Bahamas

RY.HAND ‘

Personal & Confidential

Human Resources

Qoean Centre, Montague Foreshore
East Bay Street

P.O. Box N-4890

Nassau, Bahamas








.

PAGE 8B, WEDNESDAY, NOVEMBER 7, 2007 a THE TRIBUNE: :

4 ey 8

.
~-

A’Shad Bowe Chris Darling ° BeJay Fox Nathaniel Humes P -
St. Augustine's College FaithTéemple L.W. Young Jr. High — $.C. McPherson Jr. High

















Over the en 20 years we've been employing our
h ve for excellence.

nations youth, encouraging them to stri



















Davonte’ Knowles Thedro Neely James Nonome Alexander McKenzie -

§.C. McPherson Jr. High © S.C. McPherson Jr. High C.C. Sweeting R.M. Bailey Sr. High

Felicia Roker Oprah Davis Kishlyn Hall: Sherlyn Albury
H.O. Nash Jr. High Aquinas College Aquinas College Univ. of Guelph, Canada



Devon Richardson Nathan Sands Miguel Strapp Cohen Sweeting
C.l. Gibson Sr.-High Faith Temple H.O. Nash Jr. High Bahamas Academy



Rodlyn Maicolm Delthia McKinney Rashaan Forbes Earl Thompson
College of St. Benedict College of St. Benedict Fisk Univ. — St. John’s Univ.



Steffon Thompson Warren Williams Deon Ferguson Timon Fox
R.M. Bailey Sr. High Heritage Christian C.V. Bethel Sr. High —-C.V. Bethel Sr. High



Kristina Christie Vincent Thompson —_ Julio James Timothy Bain
Univ. of Tennessee —_—St. Augustine’s College College of The Bahamas St. Augustine’s College












Mark Gibson Anthon Percentie Rashad Timothy Kristoff Davis
Progress Academy €.R. Walker Sr. High Doris Johnson Sr. High St. Augustine’s College



Taj Bastian Rachel Johnson Luther Humes Rodrigo Thompsen |. -
St. Augustine’s College South Haven Christian Academy Government High C.Y, Bethel Sr. High a8



Randell Johnson | worre Kyle Mackey Anthony Miller
Aquinas College R.M. Bailey Sr. High Faith Temple Discovery Learning







Ramon Wong Dorian Stubbs__Livington Saunders Vanell Francis
Mt. Carmel C.R. Walker Sr. High B.T.V.A _ College of The Bahamas







Demetrius Rolle Leslie Wilson Tevin Woodside
Faith Temple St. Augustine’s College Zion Excel Academy



\
R
N





.

Keith Mackey Stefano Basden A’Dario Bowe Jonathan McKinney |::
Doris Johnson Sr. High Pace Christian Academy St. Augustine’s College Teleog Christian School

.

os oo 8








Delicia Brennen Latavia Anderson Alexandria McKenzie = Kyrbi ey
Bahamas Academy Bahamas Academy Government High School St. Augustine's College



5 SSS a S
Marcian Saunders Milo Strachan Morgan Worrell Jason Cleare
Doris Johnson Sr. High Temple Christian South Haven Christian Academy C.C. Sweeting Sr. High



Ashlee Bain Devinney Sands Shandia Finlayson Ebony Finlayson |
Aquinas College Doris Johnson Sr. High Government High School St. John's College



1 aye UCC -all of ther 1a yf Reno Ferguson Wayde Higgs Jamal Moxey Tristan St. Jean’
ee A Bee Tate as Governement High School C.C. Sweeting Sr. High — C.1. Gibson Sr. High = Government High School



Full Text
poe

ota?



e

|
|
|
| LOW
|
t

| MOSTLY |

~~ SUNNY



ISX awais
Nitin,
bonds, Secon $100m BEC



S Allow Youp

ety to yoy

nh

| SS Pm lovin’ it. |

| HIGH 82F |
69F |

Volume: 103 No.288



i



i
i

ae awaiting

| EXchg - Seay.
melt eco: MST TE

Mas firms

BaP

secondary market
SSIS LE





BAHAMAS EDITION

WEDNESDAY, NOVEMBER 7, 2007








Former law firm of

Dion Foulkes blamed &
housing

for alleged

deal that went wrong

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

A CALL has: been:made for
Minister of Labour and Mar-.
itime Affairs Dion Foulkes to
resign after nine families
claimed they had been left in
severe financial straits by a
housing development that went
wrong.

Representative for the fami-
lies, Omar Archer, yesterday
blamed Mr Foulkes’ former law
firm for their plight, claiming
the developer had built prop-
erties without proper planning
approval.

But Mr Foulkes last night
countered his claim, saying his
company had done all that was
required of it.and was “totally
blameless” in its dealings with
the home-buyers.

“Their case is against the
developer,” he told The Tri-
bune. “I did everything in accor-
dance with the normal proce-
dure for executing mortgages
at banks.”

Mr Foulkes, along with for-
mer FNM candidate for St
Cecilia, Desmond Edwards,
represented Bahamians who
were seeking to secure loans to
invest in a proposed develop-
ment off Cowpen Road called
Stephen’s Close.

They have been accused of
failing to inform First






‘a

Dion attics

Caribbean Bank that the pro-
ject did not have government
approval and was without the
necessary infrastructure that
would normally be prerequisite
to loan approval.

“The bank was not alerted to
these issues by the lawyers and.
neither were the investors,”
claimed a source who described
the situation as a “comedy of
errors.”

This ultimately led to the
individuals being approved to
pay off loans of over $100,000
each in most cases for houses
that now stand partially com-
pleted and seriously vandalised

SEE page 10

HURRICANE INSURANCI












By A

Hew Proven fies Baha |
ua sei vee $0400










‘you can rest easy knowing
that you have excellent insurance

- coverage no matter which
way the wind blows.

Nobody does it better.

JF] | INSURANCE MANAGEMENT

) | (BAHAMAS) LIMITED. INSURANCE BROKERS & AGENTS

Alay

We (AD) A704



Blown
urricane








| Helter | a
BD 3308 Tel (242) 336-2304

| RESIS ESOT









a

A POLICE officer takes a
screwdriver from near to
the scene of yesterday's
murder.

) @ By KARIN HERIG
Tribune Staff
Reporter
kherig@tribunemedia.net



THE country’s murder
rate yesterday rose to 63
for the year when a 43-
year-old man was stabbed
to death with a screwdriv-
er in front of his home.
Police yesterday arrest-
ed a man and woman in
connection with two sepa-
rate stabbing incidents —
one of them ending fatally. ,
The first incident
occurred shortly before
6am yesterday, when
Theophilus McKenzie, 43,
was stabbed in front his
house in an argument over
a small amount of mon-
ey

















According to police, a
man in his early 30s came
to Mr McKenzie’s home
on the corner of East and
Fowler Streets, opposite
the Lucky Food Store No
3, to settle a money matter.
However, the two men
soon got into a fight and
Mr McKenzie was stabbed
multiple times in his chest
with a screwdriver.
Witnesses told The Tri-
bune that, after he was

SEE page 10



































outside of boundaries
voted in Pinewood

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

A LAND surveyor hired by
former PLP MP Allyson May-
nard-Gibson claimed to have
located 48 people living out-
side the constituency bound-
aries who voted in Pinewood
on May 2, while also telling
the court that there are inac-
curacies on the. official
Pinewood constituency map.

Stafford Coakley, a survey-
or with 49 years experience,
took the witness stand yester-
day under questioning from
PLP lead attorney Philip
‘Brave’ Davis, in front of
Senior Justice Anita Allen
and Justice Jon Isaacs.

Mr Coakley testified that
the streets on the south-east-
ern quadrant of the con-
stituency map are all one
street south of where they are
in actuality. A water treat-
ment system was placed in the

.



? Ye repute














Allyson Maynard-Gibson

area of Pine Street, he said,
and instead of extending Pine
Street as should have been
done on the constituency map,
it was lowered, placing it and
all the roads south of it, out of
place.

The witness also provided

SEE page 10

pee 1 fy

fo)

ni
i




Felipé Major/T ribune staff



Me
\ Quiznos

SANDWICH

Bernard Rd, Rouadabout (Selves Phra)

BG Major Gre Sarde Actapted
i

.rti‘(CtésC;«ié*COS

WMA AAKC

Call for Minister to resign

Man stabbed to tu ate SUR aNiUAL oy

First charges
in Ministry
of Housing

investigation

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

THE first in what, police

“expect to be a number of arrests * -_

in their Ministry of Housing
investigation has landed a
female secretary at the Ministry
of Youth, Sports, and Culture
before the courts:

Patricia Strachan, 54, of Tall
Pines, was yesterday charged in
Magistrate’s Court, Nassau

Street, with fraud by false pre- *

a

tences, forgery, and uttering a .~

false document. She denied the
charges.

This arrest and others pend-
ing are a result of a series of

investigative articles by The Tri- °.

bune on the ministry over the
past two years.

Pressured by the persistent
call for transparency over the
issuance of housing contracts,
former Minister of Housing
Neville Wisdom officially called
for the police investigation on
November 8, 2006.

Since then, police have con-
ducted a number of interviews
with contractors, housing

SEE page 10

Three Cuban
escapees are
still at large

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

THREE Cubans “risked their

lives” during an escape late Mon- ,

day night and are still at large
after breaking out of Carmichael
Road Detention Centre, the Roy-
al Bahamas Defence Force
revealed yesterday.

This recent escape marks the
second time in less than three
months that Cuban nationals
managed to break out of the
holding facility without being
apprehended.

RBDF officials confirmed to
The Tribune that an investigation
was underway. to determine
whether any of the guards on
duty were negligent in this most
recent escape.

According to a release issued

SEE page 10

~









+ Palinduale * Paridise fstand
* Oakes Feld

* Regent Contre (Freeport)

Not At Drive-Thru)










PAGE 2, WEDNESDAY, NOVEMBER 7, 2007

THE TRIBUNE



Salvation Army shipping
water to storm victims

THE Salvation Army is
shipping 600 gallons of water
and care packages to the
southern Bahamas to assist the
people there in the wake of
Tropical Storm Noel.

’ Major Lester Ferguson, divi-
sional commander of the Sal-
vation Army, said that his
organisation felt compelled to
help as many families as soon
as possible, especially with the
potential outbreaks which can
occur due to contaminated
water as result of the flooding
in those islands.

“Although we haven’t been

to Cat Island and Long Island
since the storm we’ve heard of
the devastation and we are
doing our best to respond to
what island administrators
have stated as resident’s great-
est needs,” he said.

In addition to the 600 gal-
lons of potable water, the Sal-
vation Army is also sending



.

\

_
Oe
.

100 cases of canned goods, 200:
buckets filled with cleaning
products, 500 mops and a small
supply of clothes to the affect-
ed islands in the southern
Bahamas.

“Our care package to Long
Island and Cat Island will
arrive on Wednesday and we
are also organising packages
to be shipped to Eleuthera and
Exuma by the end of the
week,” Mr Ferguson said. °

As Tropical Noel swept
through the Bahamas last

week, it left extensive flood-

ing and destruction in its wake
and claimed the life of one
man in Exuma;
Some areas in Long Island,
Cat Island and Exuma are still
underwater.
- Long Island was the worse
affected of all the islands, as a
record 15 inches of rain caused
hundreds of homes, businesses
and homes to be flooded.

CO

a
—

‘We’re still waiting
for our assessment
teams to come in’

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

NEMA officials are still conducting field
assessments throughout the Family Islands
most affected by Tropical Storm Noel and
have yet to submit a final report to the
government.

Assessment teams dispatched to Long
Island and San Salvador to compile
reports to be issued to the government
are scheduled to return to the capital
today, Crystal Glinton of NEMA told The
Tribune yesterday.

It is do to this fact, she said, that an
official report is not yet available on the
status of those islands. -

“We’re still waiting for our assessment
teams to come in. Once we’ve completed
the assessments then the government will
make a decision.

“You hear things back and forth but
we want our things documented so we’ll
be certain of the right steps and the right
decisions to make to be able to assist our
people.”

According to Sergeant Alexander Lar-
oda, officer-in-charge of the San Salvador
police station, residents there weathered
Noel’s passage relatively unscathed.

“There were no injuries, no major dam-
age, no loss of life — we basically suffered
just localised flooding.

“At this point most of the water has
already receded. Folks are getting back to

normal, getting back to their day-to-day
activities.

“We’re just now dealing with the pri-
mary school area (in Cockburn Town)
that is saturated with water.”

He added that on Sunday, Department
of Public Works employees were pumping
water from the primary school in Cock-
burn Town which was submerged in about
two to three feet of water as a result of
Noel’s torrential rain.

The Sandy Point and Sugar Loaf set-
tlements also received some flooding,

however residents reported to local offi-

cials that the water is already receding.
Electricity and water services are all

functioning and the airport and all major —

businesses are open, Sgt Laroda said.



THE Bahamas Agricultur-
al, Marine Resources and
Agribusiness Expo opens on
schedule despite the ravages
of Tropical Storm-Noel..

The expo is set to open at
11am tomorrow at the Glad-
stone Road Agricultural Cen-
tre.

“The response to the expo
has been excellent,” said
Bahamas Agricultural and
Industrial Corporation
(BAIC) consultant Benjamin
Rahming during a tour of the
facilities on Tuesday. “All the
stakeholders in New Provi-
dence are ready to go.

“Some of the Family
Islands, unfortunately, suffered
loss of livestock and crops

' from Noel. Their participation -
- will be limited.”

_ To be held under the theme:

~ ‘Promoting locally sustainable

agricultural and marine pro-

Sanpin Motors Ltd

‘Your

NISSAN & KIA DEALERS

Will Be CLOSED from1-3pm
Wednesday November 7th

To Honor Mr. Sidney Fox
Retiring After
28-1/2 years of
Dedicated and Loyal Service

The Sanpin Motors Family
Wish him well and want him to know
He will be missed.

From The Directors:
Mr. G. Wayde Sands,
Mr. Frank Pinder, Mr. Donald Johnson,
& Mr. Timothy Moses.





duction and consumption:
strengthening agribusiness’,
the expo will cover the full
scope of the Ministry of Agri-
culture and Marine Resources
headed by Larry Cartwright,

MP for Long Island and ,

Ragged Island.

Sponsored primarily by the
Ministry of Agriculture and
Marine Resources, the expo
has drawn support from
BAIC, Bahamas Agricultural
Producers Association, the
Inter-American Institute for
Co-operation on Agriculture
and others.

Patrons can expect exhibi- -

tions of prized livestock,
marine products, fruits, veg-
etables, root crops, processed

foods, drinks, ornamentals and —

souvenirs from throughout the
.Bahamas.

Participants will be invited
to play a part in topical dis-

y cussions and seminars to

explore solutions to some of
the challenges confronting this
sector, which have negatively
impacted the attainment of a
greater degree of national food
security and sustainability of

aS

Brand New single fami!

Summerville Acres is the perfect place
for raising your family within a secure
environment, with lush & landscaped

parks, petting a ate serene
vi

“family islan

Phase 1 Pre

age” lifestyle, in the
middle of the Bahamian capital.

the country’s natural
resources,

“We are capable of produc-
ing on par with many coun-

tries in the world,” said Mr

_Rahming. “For us‘agriculture

and fishing are major indus-
tries.

“An objective of the expo

is to showcase the best the
Bahamas has to offer in food

Construction

GOATS ENJOY dinner at the Centre on Cenent Road:

?

Expo still on schedule despite Noel




production.
“We all know that food
security is a major issue. The

Bahamas has the capacity to -

produce. We have the land for
it and we have the expertise.
“We have been producing

- all along and this expo should

demonstrate that we are capa-
ble of surpassing what we have
been doing.”

oo

Â¥ Large Lots sizes

‘Starting at 10,000 sq.ft.
(100' x 100")

Y Up to 16,000 sq.ft.
(120' x 135')

Hurry! Don't miss out! Call TODAY for more information.

Summerville Acres Ltd. (242) 328 4555





Photos:-Derek Smith/BIS



ane
THE TRIBUNE



© In brief

survivor to
speak to

A WELL-KNOWN holo-
caust survivor who suffered
torture at the hands of the
Nazis will be in Nassau later
this month to speak to school-
children about the horrors of
the Hitler regime.

Rose Price, 85, is expected
to give talks at seven local
schools:as part of her mission
to ensure the new generation
is aware of the holocaust,
which resulted in the deaths
of six million Jews during the’
Second World War.

However, her friend,
Angelique Roker-McDowall,
said her lectures would not
dwell on gruesome aspects of
her own experiences, but tell
the truth in simple terms. .

“She is a truly remarkable
woman who loves every-
body,” she added, “She radi-
ates love and has the energy

THE rate of new AIDS infec-
tions is once again on the increase,
Dr Perry Gomez has revealed.

Dr Gomez, director of the
National AIDS Programme, urged
Colinalmperial Insurance and
partner sponsors of the Red Rib-
bon Ball to continue raising funds
for the cause of HIV/AIDS pre-
vention and awareness.

Speaking at a press conference
to promote Colinalmperial’s
upcoming ball, Dr Gomez said
new HIV infections had declined
from 650 in 1990 to 250 in 2004,
but seem to be on the rise again
with 298 new infections in 2006
and 155 new infections to the end
of June this year.

“The emphasis must be on pre-
vention,” Dr Gomez said, noting
that heightened awareness and
prevention efforts, inflation and
the high cost of long-term treat-

ment and monitoring will require
increased contributions to the
AIDS Foundation.

Pledging continued commit-
ment to the fight against AIDS,
Montgomery Braithwaite, presi-
dent of Colinalmperial, said over
the past 13 years the Red Ribbon

Ball has raised more than $600,000 .

for The AIDS Foundation.

“Although we are very success-
ful it cannot happen without the
support of our community in gen-
eral. For those individuals who
have not yet got your tickets for
the ball I certainly invite you to
do so,” Mr Braithwaite said.

This year’s Red Ribbon Ball,
set for Saturday, November 17, at
the Atlantis Grand Ballroom, is
expected to raise a total of $50,000
to help the AIDS Foundation of
The Bahamas continue its latest
initiative to provide a home for

children who have been orphaned
as a result of HIV/AIDS.

Kerzner International, a major
partner sponsor of The Red Rib-
bon Ball for the past seven years,
was also represented at the press
conference.

Ed Fields, senior vice-president
of public affairs for Kerzner Inter-
national, presented the AIDS
Foundation with a cheque for
$25,000 and spoke to the power
of partnering in the fight against

“One thing has come out of this
whole exercise over the last seven
years and that is with partnerships
things can get better,” Mr Fields
said, expressing the hope
that Kerzner’s donation would
assist the foundation in
HIV/AIDS awareness/prevention
and the purchase of the children’s
home.

WEDNESDAY, NOVEMBER 7, 2007, PAGE 3

New AIDS infections
Taun are On the increase



RASHAD ROLLE,

Bahamas’ Junior Minister of
Tourism, represented the coun- |
try impressively at the 30th |
Caribbean Tourism Conference
in. Puerto Rico — bringing home
a third place finish in the Youth

Congress competition.

Rashad, who is a 16-year-old
student of Doris Johnson Senior
High School, was awarded a
personal computer and a $200
cheque at this year’s Youth
Congress, which is organised by
the Caribbean Tourism Organi-
sation (CTO) and sponsored by

UMNO moms otuCe elite
third prize from Puerto Rico

the

Rashad Rolle



of a young person.”

Mrs Price and her husband
will be in Nassau from
November 16-23. She is due
to speak at Kingsway Acade-
my on November 20-21 ::
(8.30am), and will be at other
schools on various dates dur-
ing her stay.

The courageous survivor of
Nazi atrocities has just com-
pleted a tour of Germany in
spite of having had a quadru-
ple bypass and heart valve
replacement.

There she met grandchil-
dren of some of her torturers
at concentration camps where
she witnessed some of the
worst excesses of the time.

During her incarceration at
the mercy of the Nazis, Mrs

Travel & Leisure Magazine.

Myfanwy Leggatt, of the Cay-
man Brac High School in the Cayman Islands placed second,
while Emerald Williams, of the Basseterre High School in St
Kitts won first place.

Rashad, who has ambitions of becoming a lawyer, is known
for strong showings in speech and debate competitions. +

He was the winner of the prized “Most Outstanding Speak-
er” award in the Ministry of Education’s 2006 National High
School Debate.

He was also the third place finisher in the 2007 Texaco
Road Safety Debating Competition.

In Puerto Rico, Rashad competed against 17 other high
school students.

They were challenged to discuss health and wellness
tourism and to suggest ways to increase intra-regional trav-
el.

In addition, they debated a mystery topic, which focused on
what was learnt at CTC-30.. :

Tim Clarke/Tribune staff

Price was buried naked in
snow up to her neck as part of
an experiment to see how
long it would take for her legs
to freeze. : ;

She will arrive in Nassau
with several copies of her
book, A Rose from the Ashes,
which describes her childhood
in Skarzysko, Poland, her lib-
eration from captivity and the
ups and downs of building a
new life in the United States.

Mrs Roker-McDowall said:
“At actime when some. peo-
ple afé tfying to deny the
holocaust ever happened, it is
important that survivors tell
their stories.”

Mrs Price has toured wide-
ly in trying to get over her
message. She has held audi-
ences captive for decades.

Readers of her book, which
has been described as an epic
story, have been most
impressed by her spirit of for-
giveness. i ‘ y

One reviewer wrote: “I was
very inspired by her ability to
forgive. I hope to become
more forgiving myself.”

WestJet begins
direct flights
from Canada to
the Bahamas

THE Canadian airline
WestJet’s has officially begun
its new seasonal non-stop ser-
vice to the Bahamas.

The service is an example
of how the attractiveness of
the nation as a vacation desti-
nation continues to entice
major air carriers to it shores,
Minister of Tourism and Avi-

BRENT CRUDE oil prices reached new eine at $97 a barrel on Tuesday

Rise in cost of crude oil
could push up gas prices

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

INTERNATIONAL
reports indicate that the soar-
ing prices of crude oil may
lead to sharp increases in gas
prices over the next few
months — spelling bad news
for motorists in the Bahamas.

Brent crude oil prices
reached new heights at $97 a

barrel on Tuesday following ~

bombings in Afghanistan and
an attack on a Yemeni oil



pipeline, it was reported.
Severe weather forecasts
for the North Sea, expecta-
tions that domestic crttde
supplies felllast week and
the weak dollar all con-
tributed to the latest move
upward, the Associated Press
reported yesterday.
Analysts at home are spec-
ulating that this recent hike
in crude oil prices will con-

tribute to increased fuel .

charges at local gas stations.
“The (gas) prices here are
going to rise, more than like-



ly. There’s no indication of
prices going down, going
under four dollars, anytime

‘soon,” Jason Johnson, a price |
‘controller at the governmen-

ts Consumer Affairs Divi-
sion told The Tribune yester-
day. ‘

He said that up to press
time yesterday fuel prices in
The Bahamas stood at:

e $4.51 a gallon (gasoline)
$3.95 a gallon (diesel) at Esso
stations

e $4.30 a gallon (gasoline)
$3.75 a gallon (diesel) at Tex-
aco stations

¢ $4.36 a gallon (gasoline)
$3.86 a gallon (diesel) at
Shell stations

Mr Johnson remarked that

he had never seen fuel prices:

rocket as high as they have
for the year so far.

He said he also expects
that when the nation’s fuel
providers submit their
reports to Consumer Affairs
in the coming weeks, they
will ask for a price increase.

Attempts were made to get
a comment from Minister of
State for Utilities Phenton
Neymour, but he was in Cab-
inet yesterday and could not
be reached up to press time.

TROPICAL



are proud to present their

Srnual ,

in aid of

The Bahamas

Humane Society

Tuesday

27th November, 2007

at the

British Colonial Hilton

12 noon - Cocktails
I p.m. - Luncheon/Show

Valet Parking Available

ame ates
adi b qaeet

EXTERMINATORS
eM

Tickets at Cole’s of Nassau
on Parliament Street
Tel: 322-8393, 328-7157

Donation
$60.00 per person

ation Neko Grant said.

“We are impressed by the
fact that in conjunction with
pioneering low-cost high value
flying in Canada, WestJet has
built an enviable reputation
during its 10-year history for
exemplary customer service}
on its modern fleet,” Minister | :
Grant said during.a press con-
ference following the airline’s
inaugural flight from Calgary,
Alberta.

“This combination of low
fares and quality service will,
we believe, serve The
Bahamas well, as we seek to
enhance our position as the
destination of first choice for
warm-weather vacations,” he
added.

Founded in 1996, WestJet
serves 38 destinations with a
fleet of Boeing-Next—Genera-
tion 737 jet aircraft. It will
offer nine weekly flights from
Toronto and Calgary.

Minister Grant said the
number of flights is expected
to grow to 12 weekly flights
by February 2008 with addi-
tional departures from Hali-
fax, Nova Scotia and Hamil-.
ton, Ontario.

“Tf the airline’s 80 to 90 per-
cent load factors on its cur-
rent Toronto/Nassau service
are any indication of what we
can expect, The Bahamas can
look forward to healthy book-
ings on this new route, pro-
vided the services perform up
to.expectations,” he said.

PHONE: 322-2157





OPPORTUNITIES FOR
el CST MOT Hash

——SOAutt Education
Worship Service
=~ Sponsn sence...
Evening Worship Service .....
~ WEDNESDAY at 7:2

_ Selective Bible Teaching -
Royal Rangers (Boys Club) 4-16

S Missionettes (Girls Club} 4-16 Vis

FRIDAY at 7:30 p.m. -

a Youth Minisity Meeting / -
RADIOMINISTIRY =
Sundays at 8:30 a.m, ~ ZNS 1 - TEMPLE TIME |

_ Visit Our Book Store: TEMPLE BIBLE & BOOK SUPPLY _
| : Assembly Of God a

TUM UM CU ELAR Monell
Tel: 322-8304, Fax: 322-4793. P.O. Box: N-1566
ue evtemple@batelnet.bs Web: www.evangelistictemple.org



3 pc Queen Post Bed
1 pe Dresser

1 pe Mirrors

2pc Niel lates

1 pe 5 Drawer

Financing Available Thre
MOclU TONE MAN SEL

Solid Wood




PAGE 4, WEDNESDAY, NOVEMBER 7, 2007 THE TRIBUNE



EDITORIAL/LETTERS TO THE EDITOR

The Tribune Limited | Dealing with —
problems in «



Being Bound to Swear to The Dogmas of No Master
LEONE. H. DUPUCH, Publisher/Editor 1903-1914

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

' Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

+

Publisher/ Baier 1972-

Published Daily Monday to Saturday

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

TELEPHONES.
_Swlichboard (News, Circulation and Advertising) 322-1986
1... Advertising Manager - (242) 502-2352
Circulation Department - (242) 502-2387
Nassau Fax: - (242) 328-2398



\ Freeport, Grand Bahama: 1-(242)-352-6608
3 Freeport fax: (242) 352-9348

In China, better rich than red

THE VIEW across the river at the sky-
scrapers of Pudong, where only muddy fields
had existed 20 years ago, or the sight of jolly
crowds of Chinese tourists carousing in the
impossibly quaint streets of Lijiang in the
hills of Yunnan, called to mind the once-star-
tlingly revolutionary slogan that changed Chi-
na: “It doesn’t matter the colour of the cat as
long as it catches mice.”

The phrase, attributed to Deng Xiaoping,
was revolutionary because it directly contra-
dicted Mao Zedong’s dictum “better red than
expert.” The old devil Mao had unleashed
countless ideologically driven campaigns that

‘| had brought China to its knees. Being red

was what was important, not whether you
knew anything. :

What Deng did with his cat analogy was to
Teel back ideology in favour of practicality, to
take human nature as he found it rather than
trying to create a perfect socialist man, cul-

- minating in another of his aphorisms: “To

get rich is glorious.” ”

And many Chinese have done just that.
According to press-reports, China now has
106 billionaires, ‘second only to the United
States. There were none in 2002. During the
recent party congress, the Chinese press and

"television repeatedly claimed that China had
“the world’s third largest economy, after the
‘United States'and Japan: Twenty years ago it

"ranked 29th.

Before he ‘came to paramount power 30
years ago, Dear had been purged twice for

. being an“unre ting capitalist roader.”
-. ‘Today; one ae

have to say that’s just what
he was. “Build socialism with Chinese char-
acteristics,” Deng said. But it is hard to see
‘where the socialism fits in anymore, now that
a market economy is in force. Gone are the

- blue-suited masses who had to kow-tow to

“Mao. Thought” in an Orwellian state.
Income is certainly not equally distributed.
The glitz and glamour of the new Shanghai
sharply contrast with ox-drawn wooden plows
in the countryside.

If anything, socialism means the control
of the Chinese Communist Party. Deng, no
democrat, feared China might disintegrate
as did Mikhail Gorbachev’s Soviet Union ,
even though Deng recognized, even before
Gorbachev did, that communism was imprac-
tical. But he equated democracy protests with
chaos, and he had seen enough of that in the
Cultural Revolution. “Our people have gone
nen a cea of suffering, ” he said, and

PUBLIC NOTICE

“cannot afford further chaos.” Deng may
have said that “socialism and a market econ-
omy are not incompatible,” but he also said
“socialism does not mean shared power.”

The rising political expectations that fol-
lowed Deng’s economic and social‘ reforms
were squashed in Tiananmen Square 18 years
ago. And any perceived challenge to state
power is just as ruthlessly suppressed by
Deng’s successors. But for all of that, the last
20 years have been the best China has had in
the last couple of centuries. China’s rocket to
the moon seemed timed to crown last mon-
th’s party congress, and its plans for the
Olympic games seem like the preparations of
a debutante to celebrate her coming-out par-
ty.

Yet China’s leaders seem as desperate to
keep the tag of socialism attached to their
society as American politicians are to avoid
the socialist label when they discuss plans
for national heathcare and the like.

It was unavoidable in a country so huge
that China’s problems would be outsized too.
Extreme pollution stalks its cities and rav-
ages the countryside. Rapid changes are
unsettling society, lack of regulation is hurt-
ing its exports, and its demand for com-
modities to fuel its driven economy is affect-
ing the markets of the world.

An interesting phenomenon is China’s
efforts to virtually acquire Africa. Chinese
interest in Africa goes back to Zhou Enlai’s
efforts in the 1950s. But recent investments in
a continent that so much of the rest of the
world has written off as hopeless has little
to do with ideology, and everything to do
with business.

China has no interest in Africa’s politics, it
was explained to me by a Chinese academic.
What China wants is Africa’s commodities
and hopes to enter into a mutually beneficial
relationship with Africa to get them.

Chinese wonder at the Bush administra-
tion’s zeal to promote democracy, even by
force — prompting a Chinese friend to say
that there were only four ideology-driven
countries left in the world: Cuba, North
Korea, perhaps Iran, and the United States.
Desire for a more representational form of
government may still beat in China’s breast,
but for the moment China’s energies are con-
centrated on catching mice.

(This article was written by H.D.S.
Greenway of The Boston Globe - c. 2007).



INTENT;

» Bahamas . intend to. change my name to CHARLES

no later than mney om ears after the date of publication of this
notice.



NAME BY DEED POLL

The Public reds waa that |, EXANDER
LYNES of the Western District in the Island of New Providence,



If there are any objections to this
change of name iy Deed Poll, you may write such objections
to the Chief Passport Officer, P.O.Box N-792, Nassau, Bahamas

PRY
Sn RNS NBR diag

mT

14.8 Cube

$650.00

18 Cube
$720.00

21 Cube
$962.00

be EINAME ING AT THE BANK OF YOUR CHOICE
When it comes to quality We Don't Compare!

[OILY V-W e d od a ea

Visit our showroom at Quality Auta Sal:

justice system

EDITOR, The Tribune.

I PRESUME that the sta-
tistics shown in The Tribune
of October 29, 2007, on bail
granted between 2001-2007
are official?

Bail is granted to those
charged with murder, rape
and armed robbery under
strict conditions, however
what is not shown in these sta-
tistics is how many persons
obtained bail as a result of the
process of applying for bail as
a result of being incarcerated
for more than five years and
appealing to the Supreme
Court.

Taking these statistics you
conclude that the big rise in
the grants of bail in 2004-2005-
2006 and 2007 are a direct
result of persons being held
at Fox Hill on murder-rape
and armed robbery occurring
in the previous five years so
in 2000-2001-2002 (The FNM
were Government in that peri-
od).

Who shot John politically is
not going to resolve this annu-
ally growing problem.

Last week we heard for the
first time that someone was
alleging that there is a consti-
tutional limit on the number
of Supreme Court Justices -
read Chapter VII part (1) arti-
cle (2) The Justices of the
Supreme Court shall be The
Chief Justice and such num-
ber of other Justices as may be
prescribed by Parliament —
so Parliament controls the

eg N eee

letters@tribunemedia.net



number justices and there are
no limitations — so Mr Ingra-
ham if our system needs 20
justices hire them, no more

excuses and laying the blame ,

where it isn’t.

The justice system has to
have a “termed-system” built
into it...so many weeks after
a person is charged, their cas-
es will be heard 21 days after
sentencing to appeal — 26
weeks after the appeal has to
be heard, etc, etc. Is it so dif-
ficult for an Attorney Gener-
al to understand a simple
management matter as this?

A warning to parents —
guardians, etc, know where
your children are going this
Halloween, there are people
out there wanting to injure
your children and rob them.
Police — community police
you have the transportation
so there are no excuses get out
in the communities and patrol
throughout this week 24/7.

J. WILLIAMS,
Nassau,
October 29, 2007.

(At one time no one
charged with murder could
get bail. But in those days
cases of murder were disposed
of within a court session, and
the court calendar was
cleared. However, crimes —

especially murder — have
increased and the courts have
not been able to keep up. Cas-
es are piling up, and, until
now nothing has been done
to relieve the situation.

(As the case load worsened
it was decided that no one,
including those accused of
murder, could be held in
prison for more than five
years. Five years then became
two years and so today we
have about 114 persons
accused of murder — pre-
sumably jobless — walking
our streets on bail.

(However, it has just been
drawn to our attention that
some of these persons are not
even being held for two years.
On October 30, a person
accused of a most brutal mur-
der in broad daylight and
before witnesses, was released
on bail by the Supreme Court.
The murder of which he was
accused was committed on
August 19 last year. Today
the young children and par-
ents of the victim cower in
fear behind closed doors. This
is not right. This is not fair to
this family, nor is it fair to
the community. If we have
justices on the bench who are
so insensitive to people’s secu-
rity, then legislators will have
to give urgent attention to
limiting the discretion
allowed the Supreme Court
in granting bail.

(In this particular case the
public is owed an explana-
tion. — Ed).

Congestion after
traffic accidents

EDITOR, The Tribune.

HAVE you noticed that when there is a seri-
ous traffic accident, although there are many
police officers on the scene, absolutely none of
them seems interested in the traffic snarl and

congestion that results.

Place Marathon Road today, Thursday,

not interested in you, they detour the traffic
and walk as far away from the congestion that

they can, or so it seems.

Not because of the seriousness of the acci-
dent, but there were at least two police stand-
ing around doing absolutely nothing, who

should have been detailed by the Traffic Offi-

October 25, 2007 pm....a motor cyclist seems to er.

have been involved in a serious accident, so
Marathon was detoured from the first junc-

tion into Marathon Mall on the eastern side to

the first junction coming from Marathon traf-

fic light.

Enjoy motorists because traffic police are

PRE-OWNED
CARS & TRUCKS

For the best deal _in town on
pre-owned cars, with warranty!

NOW IN
STOCK

‘99 SUZUKI GRAND VITARA
03 SUZUKI BALENO
(04 SUZUKI IGNIS
‘95 TOYOTA AVALON
‘98 HYUNDAI ELANTRA Best offer
"00 HYUNDAI ACCENT
‘00 HYUNDAI GALLOPER
01 HYUNDAI COUPE
‘04 HYUNDAI SANTA FE iy

Very low mileage, very clean

‘O06 HYUNDAI ELANTRA Very clean
‘06 HYUNDAI TUSCON GLS

a

port} Ltd far similar deals, Queen
or Aboce Motor Mall, Don MacKay Blvd, 367-2916

Nassau,

J. MOORE,

cer (in khaki) to Traffic Control duty, but nev-

Sorry we have so much to go as to traffic
control and security control.

October 25, 2007.

THe eee Ministry has the

whole labour
scene wrong

EDITOR, The Tribune.

YET again the Ministry of
Maritime Affairs and Labour
have the whole labour scene
wrong — they call a seminar
and don’t invite the majority
of the employed who are not
unionised and questionably
give substance and credence
to the minority, the trade
unions.

How many people are
actually fully paid-up mem-
ber of a union?

What happens in labour
relations is very simple — if
you have numbers you can
bring considerable pressure
on the sitting government
through removal of your
labour or demonstrations
totally different for those in
the private sector whovare
not unionised and therefore
the Government basically
disregards them as unessen-
tial.

“A classical case is that of
the group of retirees from an
European Financial Services
Trust Company who have
been fighting for their rights
arising out of the removal of
their retirement benefits by
their employer. The Ministry
of Labour has no interest as
tnose people have no impact

on politics so who cares
about them?

Minister Foulkes, you are
making a serious mistake for-
getting the majority of the
non-unionised, honest-to-god
employees as if they have no
constitutional rights.

It is these employees the
government should be
embracing as examples of
good employees who negoti-
ate and work hard and are
extremely loyal to their
employers.

When last did you hear of a
non-union strike or removal
of labour from a work force
that is not unionised?

Kerzner casino employees
— the highest law in the land
is the constitution — by
refusing to hear the applica-
tion of casino employees you
as the minister in the gov-
ernment you participate in is
removing the solemn right of
associationship — a denial
which is in violation and con-
tempt of The Constitution —
I thought there was a matter
of TRUST in the Ingraham
Government?

T. HANNA
Nassau,
October 22, 2007.
TRIBUNE

- In brief

Aeen beeen aeeceaneeernaeeueeesenseeeaeeneneneeseeweeeepaseeeeenee

Olympics boycott call

Coroner's inquest
orders restudy
of Woolmer

@ KINGSTON, Jamaica

TOXICOLOGY samples |

from the stomach of Pak-
istan coach Bob Woolmer
will be re-examined |
because experts disagree
on whether poisoning was
a factor in his death at the
Cricket World Cup in

March, a coroner presiding’ :

over an inquest said Mon-
day, according to Associat-
ed Press.
_~A British expert who
analyzed toxicology tests
testified at the inquest last
week that no traces of a
potentially deadly pesticide
-was found in the samples,
contradicting Jamaica’s
government pathologist,
Dr. Ere Sheshiah, who
insisted the coach had been
poisoned by the pesticide
cypermethrin and stran-
gled. .
Sheshiah’s findings have
been criticized by foreign
doctors who concluded

- Woolmer died from natural

- causes, most likely heart
disease. Woolmer, 58, was
found unconscious in his
Kingston hotel room on
March 18, a day after his
Pakistan team was elimi-

nated from the Cricket
“World Cup by Ireland.
- Coroner Patrick Murphy
consented Monday for fur-
_ther tests to be conducted
-on the samples. The addi-
tional testing was request-
ed by the lead investigator,

“Deputy Commissioner of
Police Mark Shields, who
said arrangements are

. being made for the samples

-to be retrieved from Lon-
don as well as Jamaica’s
government forensic lab.
~ The re-examination and
further analysis of the sam-
ples is to be done at the

”- University of the West

Indies. in. Jamaica. Murphy
ordered that the retesting
be completed by Nov. 12.
In testimony at the

inquest, British forensic

- specialist John Slaughter
said urine and blood sam-
ples showed no sign of poi-
sonous substances.

~ $torm survivors

in Haiti say
government has.
abandoned them

@ PORT-AU-PRINCE, Haiti_ :

RESIDENTS of a notorious :
Haitian slum lashed out at local :
authorities Monday for aban- :

. doning them in the recovery }
from Tropical Storm Noel, and :
said U.N. troops and Haitian :

. Officials failed to protect one }

- shelter from marauding gangs, :

~according to Associated Press.

Protesters blocked roads and :
burned tires on the outskirts :
of Cite Soleil to demand the
‘government clean up after the :
storm’s heavy rains triggered :
flooding that killed 148 people :
in the Caribbean and left tens :

of thousands homeless.

“Evacuees who spent four }
days in the overcrowded :
‘National School under U.N. :
protection said international }
troops abandoned the school :
Friday, leaving them defense- :

~ Jess against outside criminals :
who robbed them in the dead

of night.

U.N. spokesmen said the :
... shelter was turned over to :
-“ Haitian authorities shortly after :
sundown, and that Friday’s :
_incident was a fight over food :
‘by evacuees who had not been :

~ fed all day.

But evacuees said Haitian
authorities never arrived; that ;
they were left alone in the }
school without a generator and :
that the attackers came from
outside the shelter. A spokes- }
woman for the Haitian civil ;
protection department did not :
..-yeturn numerous phone mes- ;

‘sages Monday. .

“Jt was pitch black, and a :
bunch of men ran in. I was :
lucky. I just took my daughter ;
and ran out,” said Sheila Jean, :
29, who said the men stole a :

« blanket she had been given by :

soldiers:

— a SERVICE

Fertilizer, Fungicide,
I MAY OO) ERODE
fii er Mee CML re hed

322-2157



- point.”

WEDNESDAY, NOVEMBER 7, 2007, PAGE 5



Te

CONTROVERSY AS BIBLE BANNED FROM ATHLETES’ VILLAGE

among prohibited objects for “security reasons”, with
athletes banned from bearing any kind of religious
symbol at Olympic facilities.

A Spanish newspaper cited the move as one of many
“signs of censure and intolerance” towards religious
objects, particularly those used by Christians in China.

The Games, due to open in August next year, are
expected to. one of the best Olympics ever.

The Bahamas, with several star athletes, including the
phenomenal high-jumper Donald Thomas, is expected
to feature prominently on track and field.

“Jam calling for the Bahamas to boycott the
Olympics.

“As asmall nation, we should exercise our Christian
principles and stand firm for our beliefs.”

Mr Carey, a Catholic, stressed that he was opposed to
the Chinese stand on the Bible primarily. because it
denied people’s rights.

His call came after Olympics organisers published a
list of prohibited objects in the Olympic Village where
athletes will stay.

To the surprise of many, the Bible was included

THE Bahamas was last night urged to boycott the
Olympic Games in Beijing next year after the Bible was
yesterday listed among “forbidden” objects in the ath-
letes’ village.

Mr Peter T Carey, manager of BAIC’s business ser-
vices department, called for the Bahamas to stand up
for its Christian principles by withdrawing from the
Games. ;

“T am not a fundamentalist Christian, but I think
this is something that goes against the rights of people,”
Mr Carey told The Tribune.




ed by American Eagle/Ameri-
can Airlines, together with a
five night stay at the Paris
Hilton donated by the British
Colonial. “Additional trips to.
be won include accommoda-
tions at the Four Seasons Hotel
in Exuma; a five night stay at
Breezes, Jamaica; the Rock
House} Harbour Island, and a
three night stay at the Cove,
Atlantis.

Corporate sponsors of the
fundraiser include: the Bank of
the Bahamas, Ansbacher Bank,
S G Hambros Bank and Royal
Bank of Canada. The raffle °
prizes include donations from
Bahama Hand Prints, Bacardi,
Graycliff, Gucci, John Bull,
Lucianos Restaurant, Versace
and the Sports Centre.

There will also be a silent
auction featuring tickets to

annual Bahamas
Humane Society Thanksgiving
Ball will take place this Satur-
day, November 10 at the British
Colonial Hilton, organisers
announced.

They said the ball, which is
being held under the patronage
of Governor General Arthur
Hanna, raises funds for the
“necessary and compassionate”
work undertaken by the
Bahamas Humane Society.

This year, the event will fea-
ture a five course gourmet meal
accompanied by the music of
the Lou Adams Orchestra and
Modern Vintage.

Graham Beck wines and Fiji
water donated by Bristol Cel-
lars will accompany the meal.

“An exciting in-house raffle
features a grand prize of two
first class tickets to Paris donat-

Furniture store rebranded

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

FREEPORT - After 10 years in business, the
Furniture Outlet has officially changed its name
to Furniture Plus, and has launched an interactive
website for customers. ‘

The te-branding has allowed Furniture Plus to
expand nationally outside of New Providence to
the Family Island with a second location in Grand
Bahama.

Scott Ferguson, general manager of Furniture
Plus Grand Bahama, is excited about the re-
branding. “There has been a lot of work to get to
this day, said Mr Ferguson. The store has been
repainted a bright red, all our signs have been
changed and we’ve decorated for the holidays, our
staff has been fantastic in helping us get to this

S313

Wimbledon for 2008, designer
jewellery from John Bull, anda
day of golf at the Ocean Club.

Bahamas Hot Mix CO.,Ltd.
P.O. Box CB-10990

Fax (242) 377-2193

Nassau, Bahamas

Pavement Supervisor













- Experienced in production & Laying of HMA to,
International Standards.
- Estimating, tendering and soliciting work for BHM
- Managing projects form award to completion
- Health, environment and safety management of projects.
assigned to you. %
“f+ Preparing and implémenting method staténtiems for the
We Oworks: © Sing oe, Sige Pea ae Ee OO
- Keeping’ accurate daily record sheets 9 cere "
- Managing the workforce :
- Managing the equipment and ensuring proper maintenance
of equipment on the job sites 4
- Efficient scheduling and cost management of work.
managing the materials, ensuring minimum wastage

2
aS













EXCITED: Pictured (left to right) are Scott Ferguson,
MPKenneth Russell and Troy d’Arville, owner of Fur-
niture Plus in New Providence.

sau, located in the Town Centre Mall. Mr Fer-
guson said the re-branding of the store in Grand
Bahama means that residents will now have
access to additional furniture lines, appliances



Experience Project Supervisor Requirement

- Specialized in highway Engineering, trained in health, safety



Mr Ferguson and his wife, Victoria, opened
the Furniture Outlet in October 1997 in the Sham-
rock Building. The couple began their furniture
careers in Grand Bahama in 1995 when they pur-
chased the Value Line, which was later relocated
and named Furniture Outlet.

The Fergusons have more than 50 years of
combined experience in the furniture industry.

A number of persons were invited to the official
re-branding and 10th anniversary of Furniture
‘Outlet on Saturday, which marked a special day
for the Ferguson and d’Arville families as their
two companies came together to create a nation-
al brand for the Bahamas.

Troy d’Arville opened Furniture Plus in 1988
with his father. Now he and his wife, Krystynia
Lee d’Arville, run and operate one of the leading
furniture, appliance and electronics stores in Nas-






CHEVROLET

$} SUZUKI HYUNOA



C&P TOYOTA

and even electronics.

He said that Furniture Plus’ interactive website
(www.furnitureplus.com) allows customers.to
apply online for credit, view products, ask ques-
tions, plus receive email notifications about sales
events, and even apply on line for career oppor-
tunities. Sarah Kirkby of Barefoot Marketing
said that in celebration of the merger, Furniture
Plus will give away more than $50,000 in gifts and

prizes, including more than $10,000 in $100 gift |

certificates.

Krystynia d’Arville, co-owner and marketing
director for Furniture Plus Nassau, said they are
very pleased to have a sister store in Grand
Bahama. “Troy and [ are thrilled ... we like the
Ferguson’s are seeing the growth on this island
and are only expect greater growth,” she said.















































& site appreciation 15 years expereinced, must be

experienced in managing multi million dollar road project

f - Set up & control of traffic

- Responsible for all aspects of running earthworks

- Responsible for training & managing staff

- Liaise with engineers

- Responsible for all safety, health & environmental risk
associate with project

- Prepare weekly productivity and efficiency report

- Report to management on Project.

Fax resumes to: 242-377-6351
Nassau, Bahamas



COMMONWEALTH BANK

pontine i ecemret eee Leek
MSHA TR Utena)
NYLON ALAA CLeT olmsT ie CENT ee Les
& Advantage Insurance
(special discounts offered)

> 2007/2008 models hot
off the lot!

> Dealer Rebates

Saturday, November eis




on the lots of:

ean eet

>Executive Motors > Nassau Motor Co. > Quality Auto Sales


.

PAGE 6, WEDNESDAY, NOVEMBER 7, 2007



THE TRIB,





What’s at stake in Freeport

HE '};Gity 3 of
Freeport is one of
the world's last
company towns.

And a group of Bahamian

"licensees" are fighting to bring
accountability and transparen-
cy to the Port Authority — a
private franchise with enormous
value for the country as a whole.

Freeport's origins go back to
1955, when the government
leased 80 square miles of wilder-
ness for next to nothing to an
American named Wallace
Groves who had been running a
lumber operation on the island.

In return, Groves undertook
to turn uninhabited Hawksbill
Creek into a deep-water port



“The Hay-
ward and St
George fami-
lies are fight-
ing among
themselves
over the
spoils.” -

Chris Lowe



and carve a new township out of
the pine barren. That land grant

was later increased to about 200 ~

square miles, and the compre-
hensive tax exemptions extend-
ed until 2054.

The Hawksbill Creek Agree-
ment between the government
and Groves gave the new Grand
Bahama Port Authority the
right to plan, develop and
administer the city of Freeport,
as well as to license persons and
businesses to operate there. The
agreement also had a safety
clause that would return the
land to the government if the
development failed.

But since 1978 when Groves
sold out, Freeport's land, and

most of the important compa-
_ Ales, have been essehtiatly
“owned by two familie? 229 the

Hayward's and the St George's.

They hold all of the assets in a
clutch of offshore companies,
which are subject to no public
oversight.

Sir Jack Hayward's father, a
British millionaire, had acquired
a 25 per cent share of the Port
Authority in 1959, And Sir Jack
ater hired an expatriate lawyer
named Edward St George as his
right-hand man. St George
eventually became Freeport's
uncrowned king and fixer.

In addition to land sales in
the Port area, the two families
derive income from business
license fees and service charges
(a form of real estate tax), as
well as revenue from a wholly
owned water company and

’ shared revenue from the har-

bour, a major shipyard, the air-
port, the power company, the
waste management company,
Port Lucaya (a waterside shop-
ping centre) and a few other
‘assets’.

To give an approximate idea
of the worth of these assets, the
sale of 50 per cent of just some
of them recently raised $80 mil-
lion. Of course, continuing
maintenance and major expen-
ditures are required from time
to time for infrastructure but
this can be performed (or not) at
the whim of the families.

So are there any constraints

as to what these families can do? -

Apparently not.

As a private company the
books of the Port.Authority are
closed, and since the govern-
ment derives substantial rev-
enue from Freeport it seldom
rocks the boat. Anywhere else
in the world there would be an
elected mayor and council, pos-
sibly a city manager, and public
scrutiny of revenues and expen-
ditures. But not so in Freeport,
despite the fact that it has a pop-
ulation of some 50,000 (includ-
ing outlying settlements).

And the citizens who are
most affected by the actions of
the Port owners have been
almost mute. Only once in the
50-odd years that the GBPA has
been in existence has there been
a backlash, and that was in the
so-called ‘licensees revolt’ of the

“late 1960s, which:was aimed
“mainly at: the government's
_Testrictive immigration policies. .

Over the last 30 years Hayward



and St George have successfully
"managed" relations with suc-
cessive governments to avoid
controversy.

Sir Jack is now in his 80s.
And after St George died in
2004 the two ruling families
became locked in a bitter strug-
gle for control of their cash cow
—the GBPA and its associated
companies. A rough estimate of
the value of these companies is
said to be in the region of $200
million, which should give
Freeporters something to pon-
der next time they have to pay
their light bill.

Now, the unseemly chaos at
the Port has spurred a group of
some 100 Freeport licensees to
pursue legal action against both
the Hayward and St George
families.

They have filed actions seek-
ing discovery of information and
asking for an independent pub-
lic trustee (rather than a receivy-
er) to be appointed to run the
Port. The Chief Justice is expect-
ed to decide on a court date lat-
er this week.

"The Hayward and St
George families are fighting
amongst themselves over the
spoils," explained Freeport
Chamber of Commerce chief
Chris Lowe. "The licensees are
questioning the very validity of
the families holding those assets.
For the sake of posterity all of
this needs to be sorted out and
Freeport needs some straight-
up municipal government. No-
one knew anything about the
inner workings of the Port until
the shareholder dispute arose
after St George died."

[ses say that all this cre-
ates a huge dilemma for
the government, which does not
want to be seen as. intervening
heavy-handedly in private enter-

~ prise; abrogating the Hawksbill’ !
Creek Agreement or pre-empt-

ing the courts. Yet Freeport's

Smart is Exciting

THE ALL NEW 2008 FORD ESCAPE

All New

2008 Ford ESCAPE XLT
Fower-fully fun to Drive 2.3 L 4
cylinder engine with. automatic
transmission, power windows, locks
& mirrors, dual air bag, alloy wheels,

running boards.

Make the SmartChoice!

COO



PART OF YOUR

Available at

FRIENDLY MOTORS CO LTD;

THOMPSON BOULEVARD ° TEL.: 356-7100 » FAX: 328-6094

BmartOnadlor



EMAIL: friendlymotors@hotmail.com ¢ WEBSITE: friendlymotorsbahamas.com

TOUGH CALL

Ww_ARRY SMITH



franchise is so important to the
welfare of Grand Bahama and
the country as a whole that it is
very difficult for the government
to take a completely dispassion-
ate approach.

The vitriolic and very public
legal and personal dispute
between the ruling families has
led to a deterioration of
Freeport's general business cli-
mate.

And observers say that none
of the younger members of
either family has the interest or
the capacity to lead Freeport
into the future. A general view
among insiders is that the Hay-
wards and St Georges have
squandered too much goodwill
and both should sell out in the
interest of the nation.

As Prime Minister Hubert
Ingraham put it, "Economic
development in Freeport
requires collaboration between
the public and private sectors,
most particularly with the Grand
Bahama Port Authority.

“(We) look forward to an ear-
ly settlement of matters which
now serve to distract the princi-
pals of the Port Authority from
the business of the Port Author-
ity and hence the business and
further development and growth
of Freeport."

Those matters clearly refer
to the ongoing dispute between
the ruling families. .

And it is indeed a high-stakes
game. Not only is Freeport the
Bahamas' second city and the
only planned community in the
country, with the potential to
accommodate a population of
half a million. But there are
major industrial investors on the
island who could make or break
the Bahamian economy.

The key example is Hutchi-
son Whampoa, a Chinese con-

‘glomerate that acquired some

of the Port's assets a decade ago
and now operates a major con-
tainer hub at Freeport as well

as the Our Lucaya resort com-
plex.

And. growing interest by
global shippers in Freeport's
geographic and tax advantages’
has spurred development
of a new 750-acre entrepot

- adjacent to the container termi-

nal.

A sexist Grocers of
Florida recently

opened an'‘$8 million warehouse
there, with plans for major
expansions in a joint venture
with the Chinese investment
trust, CITIC. Should this mate-
rialize (sources say the deal has
already been signed and is
awaiting government approval),
Grand Bahama could become
one of the largest goods distrib-
ution hubs in the world.

In fact, Hutchison is one of
two potential buyers of the Port
Authority and its assets.

The other is the London-
based Fleming Family & Part-
ners, a firm which descends
from famed Scottish financier
Robert Fleming and portrays
itself as one of the leading
wealth manager for the world's
richest families — including the
Cayzer shipping dynasty. James
Bond creator Ian Fleming (who
died in 1964) was a prominent
member of the family.

Hutchison's bid has problems
because critics say it is seeking
to establish a western hemi-
sphere shipping hegemony as a
proxy of the Chinese govern-
ment, and looks upon Freeport
simply as a "50-year land bank
close to the eastern seaboard of
the United States."

It is reported that a top
Hutchison delegation met with
Prime Minister Ingraham with-
in the last'several weeks to dis-
cuss the sale of Freeport.

The Fleming Group consid-
ered investing in Freeport dur-
ing the early 1990s, but after due
diligence backed off because of
the Port's lack of transparency
and accountability.

Some argue that Fleming is
now a proxy for the Hayward
family, but insiders say they are
too big to act as a front. And
Roddie Fleming, the group's
chairman, says ‘his vision for
Freeport would create "billions
of dollars" in added value by

partnering with both licencees
and the government.

All of which leads to the
obvious conclusion that the days
of obscure dynastic rule in
Freeport are almost over, and
we will soon have an opportu-
nity to recreate the Port Author-
ity in a way that will enable it to
live up to its early promise, and
perhaps become the leading
engine of Bahamian economic
development for decades to
come.

The big question is, what kind
of deal will be crafted?

And will it be an open and
transparent agreement that will
benefit the Bahamian people
rather than just sectoral or polit-
ical interests.

One long-time resident says it



“Economic
development
in Freeport
requires col-
laboration
between the
public and pri-
vate sector...” -
Hubert Ingraham



is time to discard the 19th cen-
tury concept of a private com-
pany ruling vast areas of land
from afar and instead allow the
management and wealth of the
second city of The Bahamas to
be owned and controlled by the
people who live there and who,
historically, have made it what it
is today.

And insiders expect the situ-
ation to be resolved over the
next several months, with the
active engagement of the Ingra-
ham government to bring all
parties to the table.

What do you think?
Send comments to

- larry@tribunemedia.net

Or visit: :
www.bahamapundit.com

SCOTIABANK BOOSTS JUNKANOO GROUPS

>

SCOTIABANK has made substantial financial dona-
tions to several junkanoo groups this year, in what the
‘company says is an effort to further the development
of Bahamian art and culture. A representative from
each of the groups accepted the contributions from
ovotiabatik’s senior anager for Marketing and pub-
lic relations Debra Wood and senior manager for cred-
it Eric Albury. Wishing the groups all the best in the
upcoming Boxing Day and New Year’s Day Parades,
Mrs Wood said, “Scotiabank is extremely proud and

MEMBERS of the cultural communi-
ty and the College of the Bahamas
gathered at Grace and Peace Wes-
leyan Church on Monday evening for
a thanksgiving service for the late

“WY

Ky &

er"
Aa

Pauline Glasby. Tributes and reflec-
tions were brought by Mrs Janyne
Hodder, president of the College of
the Bahamas, as well as by Dr Keva
Bethel. There were choral presenta-



grateful to be able to demonstrate our commitment to
the social and cultural development of the Bahamas in

- this very tangible way.” Pictured, standing in the back
row, left to right, are: Percy “Vola” Francis (Saxons),
Andrew. Burrows (One Family), and Brian Adderley
(Roots). Standing in the front row, left to right, are: Mrs
Wood, Gloria Sawyer (Conquerors for Christ), Mr
Albury, Eric Knowles (Prodigal Sons) and Mark Bast-
ian (One Family). Scotiabank also presented cheques
to Music Makers and Z-Bandits.



te
oO
a}
wn
.o
i=
S
2
E
~~
oO
”
E
wo
Cc
—
@
—_—
@
a.

tions by the Renaissance Singers,
which Mrs Glasby directed, and the
Choir of Grace and Peace of the Wés-
leyan Church. Mrs Glasby came to
the Bahamas in 1968.
c TRIBUNE

WEDNESDAY, NOVEMBER 7, 2007, PAGE 7 :





7) brief |

US appeals
dismissal of
case against —
Cuban militant
Luis Posada

WEIPASO, Texas _
‘FEDERAL prosecutors
are appealing the dismissal
of an immigration fraud case
against anti-Castro Cuban
militant Luis Posada Car-

riles, according to Associated

Press.

The government has filed
a 64-page appeal asking the
5th Circuit Court of Appeals
in New Orleans to overrule
an El Paso federal district
judge’s ruling earlier this
year that that case should be
dismissed in part because of
problems with an immigra-
tion interview of Posada.

Posada, who faces a civil
deportation order, had been
seeking to become a natu-
ralized citizen when federal
prosecutors allege he lied to
investigators.

The aging militant has
been living Miami since his
release from federal custody
in May.

Share
your
news

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

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



-BAHAMAS DENTAL ASSOCIATION

2007 Scientific

Sponsored By 1 Gaiyate
lovember 7th - 10th, 2007_

OPENING CEREMONY



Bill to Amend the

THE House passed the gov-
ernment's Bill to Amend the
Juries Act Monday. The Bill
will now move on to the Sen-
ate.

The Bill seeks to decrease
the number of Supreme Court
jurors selected in a non-capital
case from 12 to nine.

The provision of the Bill
keeps the number of jurors
required in capital cases —
murder or treason — at
12.

During his contribution ‘to



“The purpose of this Bill is
straightforward and clear. It is to
amend this critical area of the law
to bring it in step with current
realities.”



Tommy Turnquest

the debate on the Bill, Nation-
al Security: Minister Tommy
Turnquest said, “The purpose

of this Bill is straightforward
and clear. It is to amend this
critical area of the law to bring

‘Prime Minister’s remarks about
Monday’s Parliament sitting

The following are the complete remarks by
Prime Minister Hubert Ingraham on the events
of Parliament's November 5 sitting, during
which the opposition expressed outrage that
PLP leader Perry Christie was not allowed to
respond to recent comments by the prime min-
ister:

G6 he Opposition have sought to
make a mountain out of a mole-
hill over this issue. I do not expect anything
different from them because they do not
accept the fact that they have lost the election.
They find every manner of excuse and they
wish to be obstructionists as was clearly
demonstrated this morning.
Minorities have great opportunities to put
forward their points of view and to have their

points of view considered. But minorities are -

not to.run the show. They are not to make the
decisions.

The opportunity was afforded this morning
for Mr Christie to make his case as to what-
ever argument he has. He chose not to do so.
He chose to only want to do so if it was done
when he wanted to do it and how he wanted to
do it and he didn't care about the views of the
majority in the House at the time.

Specifically, the rules of the House require
a member who is offended by a remark made
by another member to immediately challenge
that member and rise on a point of order or on
a point of personal privilege.

No such step was taken by either Mr

¢ Conference

Christie or any of his other members when the
House met and these remarks (were made) by
me saying that they were failures in so far as
the judicial system was concerned,

It couldn't have been that urgent from their
point of view.

They can't be that slow, they are very smart

people. So, having not taken advantage of »

the opportunity which they had, they came
this morning.

We said there is a measure on the floor
for debate. Desmond Bannister was going
to speak for 20 minutes to half an hour,
we would put the Bill to a vote and after
that we'd be happy to accommodate
any points of view that the Opposi-
tion wished to make with respect to
their complaint.

They chose not to accept that.

This matter had become suddenly |
urgent and immediate, notwithstanding
that it wasn't urgent or immediate when
the House actually met. They all sat there
and participated. There was a back and forth
between ourselves on the 22nd of October.

And this whole question arose because Mr
Christie just jumped to his feet while I was
speaking and started to speak in a loud voice
and I out-shouted him and since I had the
mike, what I was saying came across and his
didn't because the mike system is not capable
of carrying two people at the same time.

At no stage did he take exception.to it.

He and I met on Wednesday, the
24th of October, and spent at least 45






























minutes together and talked about this and
other things. I didn't get the impression that he
was personally offended, in fact I thought that
we both agreed that while he was responsible
for the mess of the judicial system, that the
persons who failed to

perform were oth-

& ers —but he had
charge of it and
he was the
one who
made the

ments and
he was the
one who
should
accept
responsi-
bility for
eee

Presents a

Topic:

appoint-.

‘Jur ies Act is passed

it in step with current reali-
ties.”

ELS Sepiahes that the
Bahamas, with a population
of around 350,000 people, has
a conrespondingly small jury
pool.

“This Bill, once passed,
should assist in the expeditious
empanelling of juries from this
limited pool, and consequent-
ly improve the operations of
the criminal justice system,”
he said.

In moving the Bill for
debate, Minister of State for
Legal Affairs Desmond Ban+
nister pointed out that many
other countries in the region
have determined that the use
of smaller juries is more effi-
cient and will enhance the
administration of justice.

Laws in Trinidad and Toba-
go, St Vincent, Barbados and
Belize, he indicated, provide
for trial by juries comprised
of nine persons for all offences
except for murder and trea-
son.

Mr Bannister added that
Jamaica and the Cayman
Islands have gone further by
reducing the size of their juries
in most trials to seven except
in trials for murder and trea-
son, and in the Cayman
Islands, for money foundering
offences.

Emphasising that the
Bahamas is the only major
country in the region that
retains the 12 person jury for
all criminal trials before the
Supreme Court, Minister Ban-
nister said the Bill seeks to
amend the law in the Bahamas
so that its court system may
enjoy similar benefits as ee
countries do.

No changes were made to
the Bill during its committal

stage.
The House is scheduled to
reconvene on Monday,

November 12, when debate
will begin on Supplemental
Appropriation Bills tabled by
the government.

BAHAMAS DENTAL ASSOCIATION

FREE OPEN PUBLIC LaGTURE

“What Dentists Do In Forensic Investigations”

& AWARDS PRESENTATION

| British Colonial Hilton Hotel

8

WEDNESDAY, ee 7 @ 7:00 P.M.

|__WEDNESDAY, bonnannaninanncc

KEYNOTE SPEAKER: DR. BURTON oe

World International Dental Federation — De

President -

TV Program

OANA NINN SOHAIL NINTNNN

SOHN NHI NA

PRESENTER: DR. MIKE BOWERS,

Consultant On Americas CSI (Crime Scene Investigations)

THURSDAY, NOVEMBER 8, 2007
2:15 P.M. - 4:30 P.M.

British Colonial Hilton Hotel

Invited Guests: Police Officers, Nurses, Physicians,

FOR THEIR CONTRIBUTIONS TO ORGANIZED Denier:
LOCALLY, REGIONALLY & INTERNATIONALLY

HONOUREES:

Dr. Hal Leyland

Dr. Anthony Lewis

Defence Force Officers, Interested Persons

‘ Dr. Victor Eastmond

Dr. Joyous Pickstock
President’s Award

Dr. Anthony Davis
Special Service Award :

Dr. Munir Rashad

Public Health Career
Achievement Award

(Posthumously) (Jamaica)
2007 Dental Pioneer Award Outstanding Merit Award

(Barbados)
Distinguished Service
Award


PAGE 8, WEDNESDAY, NOVEMBER 7, 2007

atten,

Loggerhead —
turtie nests
lag in 2007,
green and
leatherback
are up

if WEST PALM BEACH,
: Fla.

| THE number of logger-
lead turtle nests was sub-

stantially lower in 2007
then in past years, accord-

ing to preliminary num-

Hers from scientists
statewide, according to
Associated Press.

; Scientists found 28,500
nests from 19 surveyed
teaches, down from
almost 50,000 last year.
The number was so low
that this could be the low-
est nesting year on record
for loggerheads, said Blair
Witherington, a research
scientist with the Florida
fish and Wildlife Conser-
vation Commission. The
turtles’ nesting numbers
have declined in at least
four of the past seven
years.

' Green and leatherback
Birtles: however, sur-
passed scientists’ expecta-
tions and may have made
a record number of nests
fhis year on Florida’s
Treasure Coast.

. Scientists aren’t sure
What’s behind the low
numbers for loggerheads,
but they have some theo-
ties. Erik Martin, a biolo-
gist who monitors nesting,
said the answer could lie
in an unknown event that
happened 30 years ago
when today’s nesting
females were hatchlings
+— something like a dis-
ease or harmful algae
bloom that affected only
fogge rheads.

A drop in nesting num-
berg’ may not correlate ito }
a drop in population, said

ete Quincy, a scientist
who monitors nesting for
Jupiter Island. “Maybe
there i is a biological cycle
among these turtles that
we know nothing about.”

+ Scientists have been
eee nesting for about
8 0 years.
| This year, they counted
fbout 9,450 green turtle

ests — up from the pre-
wious high of 7,180 in 2005
e— in addition to 517

featherback nests, up

om the previous high of

867 in 2001.





Eleuthera
and Jensen
— building |
bridges of
friendship

HE Ministry of Touris-

m’s Eleuthera Office
manager Jackie Gibson was
about the have the surprise of
her life.

When she organised the
pineapple festival in Gregory
Town, Eleuthera, she was con-
vinced it was the only one of its
kind.

‘But, two years later her col-

league Bridget Pierre King, who
at that time had tourism respon-
sibilities for the Treasure Coast
area of Florida, told her of a
pineapple festival in Jensen
Beach. “I was shocked,” Ms
Gibson recalled. “I felt we were
the only people on planet Earth
who had a pineapple festival.

“T said ‘Bridget you have to
get me the contact because I
need to know: what they are
doing so we can share ideas and
come up with something that is
unique’.” ‘

A few days later she con-
nected with Jensen Beach
Chamber of Commerce execu-
tive director Ron Rose, and the
rest is history in the making.

“We found that there were
so many similarities between
our little community and that
of Jensen Beach,” said Ms Gib-
son. Then Prime Minister, Sir
Lynden. Pindling, sanctioned an
exchange of proclamations
declaring Gregory Town and
Jensen Beach sister cities.

Last weekend, in celebration
of 20 years of sisterhood, a large
contingent from Eleuthera
including the Brilanders, the
Junkanoo Allstars, and the Min-
istry of Tourism seasoned the
Jensen Beach Pineapple Festi-
val with that spicy Bahamian
flavour. One outcome of the
relationship has been the estab-
lishment of the Authentic
Bahamian Marketplace at the
Jensen Festival featuring a wide
variety of products made in the
Bahamas. ‘This year it was a hit,
organisers say.

“The Bahamian Marketplace
defines this event,” said Mr
Rose. “It gives the festival a

eee Bus & Truck Co,, Ltd.

Montrose Avenue
Phone:322-1722 °F ax: 326-7452

|
J



LOCAL NE

© In brief ~HOW A PINEAPPLE FESTIVAL UN TED 1 ea ,



THE Eleuthera Allstars shared junkanoo with.the Jensen Beach High School during last weekend’ s festival there.

theme; it gives it a feeling; and it
gives it some authenticity.

“When you think about it,
there have been a lot of pro-
motions about junkanoo, but
how many festivals here (in the
US) can boast that they have
had the real thing?”

Students of Jensen Beach
High School got a first hand
taste of the real thing.

Several members of the
Eleuthera Junkanoo Allstars
are themselves high schoolers.
Some were visiting America for
the first time. “They went into
Jensen High and gave a lesson
on Junkanoo,” said Ms Gibson.
“They took in some drums,
whistles and horns and the chil-
dren got to know what
Junkanoo is.

“Only two in the class had
ever heard about junkanoo and
they still did not have a good
definition for it. Now they know
about junkanoo and Eleuthera
and the Bahamas.”

The connection between





Gladstone Thurston/BiS

‘BAHAMA’ Bob Catal of - Banainian Music Distributors pleases another
customer at the Jensen Beach Pineapple Festival.

Eleuthera and Jensen Beach
goes back to the 1880s.
Research shows ‘that farmers
from Eleuthera helped estab-

DURING

eat GLASS COMPANY'S

UT US

AAs LL

Pre~Christmas Sale
Now through Sat Nov 10 on Mackey St



lish the, pineapple industry in
Jensen Beach.

“What make this event grand
have been the great friendships
and a lot of teamwork,” said Mr

Rose. “Jackie Gibson has been

an outstanding friend and a
great part of the team that
makes this event a great event.

“You can tell by the festival
goers’ reaction that the contri-
bution of the Bahamas is cher-
ished. They were all dancing in
the streets behind the junkanoo
band and when the Brilanders
were performing. The people
are really happy with every-
thing. We wanted to have a cul-
turally oriented, family friendly
atmosphere. The Bahamian
Marketplace contributed to
that. You saw the families flock-
ing to get their hair braided.
The festival was a huge suc-
cess,” said Mr Rose.

The sister city relationship
has gone beyond pineapple fes-
tivals, noted Ms Gibson, She
recalled the devastation in
Eleuthera caused by Hurricane
Andrew.

“Jensen Beach came to our

THE TRIBL






Gladstone Thurston/BIS

JUNKANOO through the streets of Jensen Beach was.a hit at the Pineapple Festival there last
weekend.



“The Bahami-
an Market-
place defines
this event. It
gives the festi-
val a theme; it
gives it a feel-
ing and it
gives it some
authenticity.”



aid,” she said. “They sent over
plane loads of relief items.
.“They have been fabulous to
us. They know us by our names.
They told us they actually
missed us from last time.” .

A popular feature of the
Bahamian Marketplace was the
promotion of Bahamian music.

“We love-of the Bahamas; we
love the people; and we love
the culture,” said Janis Camis,
who, along with her husband,
‘Bahama’ Bob, operate
Bahamian Music Distributors
from Fort Pierce, Florida.

“Tf it’s not Bahamian it’s not
pepPenaey she said. “If you
cou

ou would see inscribed on his
heart: ‘made in the Bahamas’.

“T rarely listen to the music
from here (in the US). Qur

radio is always on ZNS which is
the only station from Nassau
Wwe can receive, and it’s Bahami-
an.”

Already patrons are looking
forward to the four-day Grego-
ry Town Pineapple Festival held
during the first weekend of
June.



JENSEN Beach binwanpl Festival patrons join in the rush of unkano
ing last weekend’s Pineapple Festival.



Gladstone Thurston/BIS

d open my husband’s chest"

~~ = 2 ae
wv

CP ae py

i

oe %

4a

THE TRIBUNE

WEDNESDAY, NOVEMBER 7, 2007, PAGE 9



Mexico landslide
tlevastates remote
village amid

wider flooding

@ OSTUACAN, Mexico

RESCUE officials were
searching for more than a
dozen missing people Tuesday
after a landslide slammed into
a rain-swollen river, wiping out
a tiny hamlet in southern Mex-
ico, according to Associated
Press.

At feast 16 people were
reported missing in the village,
the latest victims of wide-
spread flooding and heavy
rains across Mexico and Cen-
tral America. In Honduras,
authorities were evacuating
dozens of people on the
Atlantic coast and at least two
people drowned in floodwa-
ters, including a 2-year-old boy
swept away by a raging river.

Residents of San Juan Gri-
jalva said they were awakened
late Sunday by a rumbling roar
and the sound of rocks rolling
down from surrounding moun-
taintops.

“It was a roar, like a heli-
copter was passing overhead,”
recounted farmer Domingo
Sanchez, 21. “We didn’t know
what was happening, and then
we went outside, and there
were cracks opening the earth.
We ran up the hill ... but soil
kept coming down on us.”

For the next several hours,
Sanchez, his mother, his wife
and a cousin fought for their
lives in a valley where the only
salvation lay in getting to high-
er ground as the ground col-
lapsed around them. They
reached the hilltop just in time
to look across the valley and
see a landslide cover the home
of his grandparents. Sanchez
believes at least nine of his rel-
atives were buried.

A cousin, David Sanchez,
22, described the events he saw
from his house in a different
part of the village that once
was home to about 600 people.

David Sanchez described
two distinct waves — the first
of which swept his mother
about 200 meters (yards)
downstream before he could
rescue her.

After climbing up a hillside
to safety, ina moment of calm
he-and three friends briefly
descended to rescue some pos-
sessions when the second wave
— apparently the release of
water briefly dammed up by
the landslide — swept down
the valley.

“It swept away everything,
trees, houses, everything,”
David Sanchez said. ©

Chiapas state Gov. Juan
Sabines, who visited the scene,
described one of the waves as a
“mini-tsunami” and noted
“this village practically disap-
peared.”

Helicopters searched the
surrounding hills to rescue res-
idents who fled to higher
ground.

Chiapas officials and the
federal Interior Department
placed the number of missing
at 16.

No bodies were immediately
found.

All major credit cards
accepted as cash!













LOCAL NEWS

Members of Toastmasters

THE members of one
local Toastmasters club
joined the Ministry of Edu-
cation to hold a training
session for youth parlia-
mentarians.

Healing Communicators
Toastmasters Club 7178 is
a non-profit club, the stat-
ed mission of which is “to
provide a mutually sup-
portive and positive learn-
ing environment in which
every member has the
opportunity to develop
communication and lead-
ership skills that in turn
foster self-confidence and
personal growth”.

Opportunity

The club said the train-
ing session allowed mem-
bers Wence = Martin;
Ambrosine Huyler and
president Glennette Reck-
ley an opportunity to speak- -
on speech preparation and
practice; verbal and non-
verbal communication and
tips to public speaking
respectively.

According to the club,
the 41 youth parliamentar-
ians from throughout the
Bahamas thoroughly
enjoyed the session and at
the end of the evening
were given the opportunity

to use the practical tips
offered through an election
which required those seek-

Bank launches new
Saving promotion

FIRSTCARIBBEAN bank has the launched a new initiative
to reward Bahamians who make saving a priority.

The bank said in a statement that beginning yesterday, people
across the Bahamas have a brand new reason to save, with the
launch of “Save A Little, Win A lot” — the Caribbean’s newest sav-
ings promotion.

According to Sharon Brown, managing director for the Bahamas,
the sweepstakes is one of the bank’s many first-for-customers ini-
tiatives, designed to reward customers who choose a wealth-build-
ing path.

“This is one of the most exciting initiatives we've ever launched
in the Bahamas. We're pleased to present current and soon-to-be
FirstCaribbean customers with this win-win offer — an opportunity
to experience the benefits of saving, while having the chance to reap
additional financial rewards,” she said.

With “Save A Little, Win A lot,” new customers who open a prize
draw savings Account with $100 or more, are automatically entered
for a chance to win between $1,500 and $5,000 every month.

For every $100 on deposit on the day of the prize draws, cus-

tomers will receive an additional entry, increasing their chances of

winning the cash prize.

The promotion also features a grand prize draw of $20,000,
which will be paid to the winner in equal monthly installments.

The programme, being offered with accounts that provide tiered
interest rates above the Bank’s current offering, runs until Febru-
ary 29, 2008.

“Save A Little, Win A lot” kicks off a series of upcoming First-

‘Caribbean initiatives created to encourage customers across the

Caribbean to engage in smart savings practices, said the bank in a
statement.

CUSTOM
FRAMING

15% OFF

~ 20% off ready-made frames

Mackey St 393-8165 + 393-3723
HOURS
Monday - Friday 8:30am - 4:30pm
Saturday 8:30am - 1:00pm



ing the offices of Speaker
of the-House and Deputy
Speaker to give impromptu
speeches,

Initiative

Youth in parliament is a
special initiative co-ordi-
nated by the Ministry of
Education that allows
young adults between the
ages of 17 and 25 to pub-
licly express their views on

immobiliser and CD player.



Features for 1.6 litre model include:
automatic transmission, air conditioning,
power windows, locks & mirrors,



PICTURED SEATED are Ambrosine Huyler, club president Glennette Reckley, Ministry of Education senior youth officer Patty Miller, and Wence
Martin along with members of the Youth In Parliament.

current issues affecting the
country while learning
the policies and practices
of the House of Assem-
bly.

A special session will be
held for the youth parlia-
mentarians, each repre-
senting a constituency, to
deliver their speech pre-
sentations to a national
audience from the House
of Assembly,

“Club 7178 offers a
dynamic and educational

train youth parliamentarians



programme and boast of
being the most illustrious
and energized club in the
Toastmasters Division of
the Bahamas, catering to:
persons of varying ages,
professions and social
backgrounds,” said the
club in a statement.
Healing Communicators |
Toastmasters Club 7178
meets every Tuesday at the
Cancer Society of the
Bahamas on East Terrance
Centerville at 6pm.

GP) TOYOTA moving forward

\ *

SS

Part



Features for 1.8 litre model include: automatic
transmission, air conditioning, power windows, locks &
mirrors, immobiliser and remote keyless entry, alloy
wheels, dual airbags, leather upholstery and CD changer.

@®) TOYOTA

Backed by a 3-year/60,000 mile factory warranty.




PAGE 10, WEDNESDAY, NOVEMBER 7; 2007. <==»

e

THE TRIBUNE



a

LOCAL NEWS

Three Cubans. Foulkes’ former law firm is blamed ior
alleged housing deal that went wrong ©

FROM page one

by the RBDF on Tuesday, short- :
ly after 11pm Monday, three :
Cuban detainees housed at the :
Detention Centre successfully ;
executed an escape plan from }

the base.

In their desperate attempt for }
freedom, the men reportedly }
scaled the chain-link barbed wire ;
fence surrounding the front of }
the Detention Centre, officials

reported,

The three men most likely :
chose to scale the fence sur-
rounding the compound’s front }
entrance because there is no wall
behind it, as is the case with the :
centre’s rear wall, Chief Petty :
Officer Ralph McKinney told :

The Tribune yesterday.

He said the three Cubans }
while :
manoeuvreing over the 10 to 12 :
foot fence and no doubt received :

“risked their. lives”

some injuries in the process.

Guards on duty reportedly }
caught wind of the detainees’ :
mid-escape and fired warning }
shots to frighten them, Chief :

Petty Officer McKinney said.

The men continued their flight
and were pursued by guards who }
“rubber bullets” in an}

fired
effort to stop them.

Rubber bullets, rather than :
lethal force, are the first line of :
defence when attempting to}
catch detainees, officer McKin- }
ney said. They “sting” their tar- }
gets and leave a bruise rather }

than a wound, he explained.

The RBDF has said they are }
currently involved in an exten- }
sive search for the illegal immi-
grants who have been identified :
as Norje Rayes Hernandez, 38, :
Juan Ramon Arona, 34, and

Nolvis Hidalgo Fonsesca, 30.

On August 21, six Cubans }
escaped from the Detention }
Centre during visiting hours. }
The escapees reportedly cut a:
hole through the chain link fence :
behind their dormitory andi
scaled the perimeter wall }
using a homemade grappling :

hook.

injury during his getaway.

Guards at the Detention Cen- }
tre came under fire after the }
highly-publicised escape in:
August and the sentry on watch :
and the guard commander on }
duty at the time were found }

guilty of “neglect of duty” in
September.

Officials maintain that since :
that escape, security measures :
“adjusted” in an attempt :

were
to prevent further breakouts.

“We have done some adjust-
ments (to security) since August, }
but people will always find ways :
Officer :

to get around them,”
McKinney said.

He was not at liberty to elab- ::
orate on these adjustments, but }
told The Tribune that a prelimi-
nary investigation was underway :
to determine if any guard on:
duty was negligent during Mon- }

day night’s escape.

Anyone with information :
regarding the whereabouts of :
the escapees is asked to contact }

the RBDF.

FROM page one

after the Ministry of Works had
to belatedly step in and stop
work on the site.

“After their houses reached a
certain point they went to the
ministry to get an occupancy
certificate, (but) the ministry
found that the houses were built
in a sub-division that was not
approved so they did not allow
it to continue,” ‘said
property owner Garren Hep-
burn.

“As far as the Ministry of
Works is concerned, this sub-
division does not exist,” said
investor and mother Lynette
Burrows. -

To further compound the sit-
uation the families found that
they were not even owners of
the property on which the
homes were being built as the
realtor — who does not appear
on the Bahamas Real Estate
Association’s list. of licensed

realtors — allegedly never paid

the property owner for the land.

The realtor has since report-
edly absconded and is said to
be wanted by police for ques-
tioning after homeowners made

complaints. However, this could —

not be confirmed up to press
time.

Speaking with The Tribune
yesterday, several of those
involved said that just thinking
about the loss they have suf-
fered since they first got
involved with the project in

FROM page one

2003 and 2004 makes them feel
sick.

Mr Archer claimed that in
total a sum of between $1.2 mil-
lion and $1.3 million had been
signed over to the realtor.

“T want to give Dion Foulkes
24 hours to explain his position
in all of this, and if he does not
give us a reasonable response
then I will have to call for his
resignation from the Cabinet,”
said Mr Archer.

He said it was “not fair for
hard-working, decent’ Bahami-
ans to work hard, I mean hard,
to get their monies to invest in a
home for them and their fami-
lies” only to lose it all.

One of the investors, a young
father, told The Tribune: “We
are suffering. My total invest-
ment is now well over $100,000.
It’s like it’s disappeared. I don’t
even talk about it because it’s
really sad.”

Another investor, Tanya
Rogers, said: “This is not our
fault, we did everything by the
book.”

The families also blame First
Caribbean Bank for not check-
ing into the matter to the extent
that they determined that all
was not well.

However, a bank source
claimed it was the lawyers’ fault
for not providing the bank with
the truth.

“Automatically, the bank
would assume it’s an approved
sub-division and if it’s not then
an attorney would have discov-

ered that and reported it to you
through due diligence.”

Had the bank had “its eyes
wide open” to the fact that the
development only had
“approval in principle” the
loans would not have been
granted, it was suggested. “It
was a material non-disclosure,”
he added.

In mid-2006, the bank
allowed the individuals to can-
cel their loans but has yet to
agree to reimburse them for
their loss.

Many are still paying insur-
ance on the half-built homes
that they fear they may never
live in.

The police have also come
under fire for not taking suffi-
cient action in light of com-
plaints made by the homeown-
ers.

Last night, Mr Foulkes said
he had always acted “according
to the book” in all of his legal
work, and denied any wrong-
doing. He said Mr Archer, a
contender for the PLP chair-
manship, was exploiting the
matter for political purposes.

“They are just trying to add
some traction to the story by
calling my name,” he added.

Mr Edwards, who worked in
the same building as Mr
Foulkes at the time, claimed
that the bank was aware that
the development only had
approval in principle, adding
that for loans to be approved
on this basis is a run-of-the-mill

One of-the six escapees, }
Rubidelvis Cala Merecio, turned }
himself into authorities two days !
after his escape. Immigration :
officials revealed he suffered :

the court with a map of the Pinewood-sub-division
with the lines of the Pinewood constituency drawn
in.

Mr Coakley said that there are 3,812 lots over
about 560 acres in the Pinewood sub-division,
and the residential lot numbers in the sub-division

- correspond with the residential structures there

with no duplications.

Consequently, during his testimony, the sur-
veyor identified voters by the lot he claims to
have found them in, and placed pins in the map to
illustrate where the voters live for the justices.

Three voters were identified yesterday by Mr
Coakley as residing at lot 1319, which he said is
west of Guinep Tree Street and out of the con-
stituency.

The surveyor told the court that he and private
Investigator John Munroe found Danielle,
Michael and Tesa McKenzie on October 15,
though he did not specify if he met and spoke with
the voters. :

A number of voters were also identified as
having been found to reside east of Acacia Street

.1in Pinewood, which is on the south-eastern

boundary of the constituency map.

Others were identified as living in the Sir Lyn-
den Pindling Estates, and yet others in the
Seabreeze constituency.

The witness further claimed on numerous occa-
sions yesterday that voters lived in locations oth-
er than what was indicated on Form B, which is
the information they provided the Parliamentary
Registration department.

In the case of Lisa Natasha Weir, Form B indi-

48 people claim

Boulevard, east of Willow Tree Avenue and west
of Pigeon Plum Street.

However, Mr Coakley said that he found this
voter at lot 298, which is north Sapodilla Road,
west of Baygeranium Avenue, and outside the
constituency boundaries.

In the morning session, there was controversy
regarding the testimony of Mr Coakley. Lead
attorney for the FNM, Michael Barnett, raised an
objection to his testimony, as he was not classified
as an expert witness, yet was providing evidence
Mr Barnett said was his opinion.

After a brief discussion with the witness leaving
the stand, Senior Justice Allen acknowledged
him as an expert witness.

In. providing his credentials to the court, Mr
Coakley said he worked for the government for
more than 30 years before working at Arawak
Homes for a decade between 1982 to 1992, and
then his own company Stafford Coakley and
Associates from that period to now.

In 1971; Mr Coakley said he was part of the

review team that gave recommendations for the -

Pinewood sub-division.

At Arawak Homes he added that he worked to
establish the boundaries of the area, while at
Real Property Tax Department’s valuation sec-
tion, Mr Coakley said that he did mapping of
Pinewood sub-division for property tax assess-
ments.

During the construction of the sub-division, he
added that he was also contracted to lay founda-
tions and the outer shell of residential building
structures.



cated that she lived on lot 298 south of Sapodilla

Saturday
November 10th,
2007 at 12 noon

¢ Santa & Snowbear
* FREE Popcorn

¢ FREE Balloons!

¢ FREE Candies! ee
FREE Face Painting %
FREE Bouncing Castle

occurrence.
He also brushed off sugges-
tions that he had been engaged
in a conflict of interest by acting
both on behalf of the potential
investors as they sought to
secure their loans, and for the
real estate company.
“Everybody knew that, there
was no difficulty in that, as long
as everybody is aware of it,” he
said. “I discharged my duty as I

FROM page one

should have, I’ve given to the’. +;
bank what they had required as.‘ ’

I had done hundreds of times
before.”

He alleged that the problem
came about as a result of fail~'

ures on the part of the Ministry’ »’-”
of Works to provide appioyaly 74 j
that they should have by now,’

and said that the matter may
still come to a successful con-
clusion when this occurs.

First charges in Ministry
of Housing investigation —

4

inspectors, and officials within the Ministry of Housing. f
In the Magistrate’s Court on Monday, Ms Strachan pleaded not

guilty to three charges and was granted — and posted — bail in the -
amount of $3,000 with one surety.

According to the court’s dockets, around June 15, 2007, at the
Ministry of Housing, Ms Strachan intended to defraud and obtain
(by omission) from Shavonne Cunningham cash in the amount of
$1,643.43 by means of false pretences.

Count number two, forgery, stated that during June, 2007, at New.
Providence, Strachan intended to forge a certain document and

issue a receipt in the amount of $1,643.43 bearing the stamp of the
under-secretary of the Ministry of Housing reporting the same to

be genuine.

Count three, uttering a false document, alleged that Strachan, |

during June, 2007, at New Providence, intended to defraud, utter- 9+
ing a certain forged document with a receipt in the amount of —- |

$1,643.43 bearing the stamp of the under-secretary of the Min-
istry of Housing, knowing the same to be forged.

The case has been adjourned to Monday, November 19. Hat vehs

FROM page one

stabbed, Mr McKenzie ran to
his neighbour’s house where
he collapsed on the front
porch.

Mr McKenzie was immedi-
ately taken to Princess Mar-
garet Hospital, but died short-
ly after arrival at around 7am.

The perpetrator reportedly
fled the area on foot, leaving a
trail of blood behind. Follow-
ing the blood trail, police were
able to retrieve a screwdriver
from some bushes.

Press liaison officer Assis-
tant Supt Walter Evans said
that police officers at Quakoo
Street station arrested a sus-
pect, believed to be in his ear-
ly 30s, in a nearby home short-
ly after the stabbing.

Mr Evans said yesterday
that police are confident that
they will be able to bring this
case to a quick close.

Relatives of Mr McKenzie
were still in shock as they
gathered at the small East
Street home in mourning. One
of the family members said
they were afraid to tell the
deceased’s mother, who is in
her 80s, of her son’s murder.

Man stabbed

Just three hours after the
murder, at 9am, police were
called to Bain Town where a
second stabbing had occurred
during a domestic dispute.

A couple living on Rupert
Dean Lane got into a fight,
which escalated into the
woman stabbing the man in
his left shoulder.

The man was taken to
Princess Margaret Hospital
for treatment and the woman
was taken into police custody.

Asst Supt Evans expressed
concern over the high murder
rate and incidents of violence
this year.

With the number of mur-
ders now exceeding last year’s
total by three, Mr Evans said
it is important for communi-
ties to come together to pre-
vent the murder rate from
climbing any higher.

He appealed to the public
not to resort to violence if they
find themselves in difficult
relationships and situations,
but instead to seek assistance
from agencies such as the
police or the church.

WS 8 Sat a

Kelly’s Fully Aninidied
Christmas Forest

Have your photo taken with
Santa or Snowbear in the forest

Saturdays only!

‘



Royal Bahamas
Police Force Band |
Don’t miss the excitement! Bh te 242) 999-4002

Houses
Home

S at Marathon
Monday-Friday 9:00am-8:00pm
Saturday 9:00am-9:00pm
Sunday losed
www.kellysbahamas.com

Kelly’s


- THE TRIBUNE

WEDNESD/\\, miviien i: 4, 2007, PAGE 11

- On brief

~ president-elect

- targets poverty,
seeks spiritual

guidance after ,
“Marrow victory

GUATEMALA CITY

» GUATEMALA’S new
president-elect, Alvaro
Colom, urged the country
on Monday to unite behind
his plans to reduce poverty
and said he would consult
with Mayan spiritual lead-
ers for guidance, according
to Associated Press.
. “We will work to attain a
national brotherhood with
-!»lour 23 indigenous groups,”

.>,-,-Colom, of the center-left
+’-*- National Unity of Hope

Party, told a news confer-

ence a day after winning a

hotly contested runoff.

' This will be a great oppor-
tunity to unify the country.”

Colom, who worked with

’. civil war refugees in isolat-
ed highlands and is an
ordained Mayan minister,
said he would seek guidance
from the Mayan Elders
National Council, a group
of spiritual leaders, as he
prepares to lead this heavily

‘ indigenous country.

With all the ballots count-
‘< “ed from Sunday’s election,

*.Colom won with nearly 53
percent, compared with 47
percent for retired Gen.
Otto Perez Molina of
the conservative Patriotic

- Party. 2

-. Perez, who ran on a tough
anti-crime platform,
pledged to work with the
new administration to fight
crime in Central America’s -
most violent country, where
youth gangs are rampant
and as few as 2 percent of
more than 5,000 homicides
a year are solved.

'., Colom, 56, said he would
fight crime by creating jobs
and overhauling the courts.
He plans to increase social
spending to help the majori-
ty of Guatemala’s 13 million

* people who live on less than
ROA dare pe ee
_ “Ifwe don’t make justice
our priority we won’t get

. Tesults when it'come to
security,” Colom said.







Bahamas National Trust Wine

and Arts Festival ‘best ever’

WITH perfect weather, the 17th

Annual Bahamas National Trust’

Wine and Arts Festival was rated
“the best ever” by Bristol Wines
and Spirits wine director Rusty
Scates.

“Approximately 200 members

attended the ‘members night’,

which preceded the festival and
around 1,200 enjoyed the art
exhibits and tasted the 56 wines
during the six hour festival on Sat-
urday," noted Lynn Gape, direc-
tor of education and communica-
tion for the Trust.

Wine chief Mr Scates, whose
company sponsored the event, said
he was delighted. "Almost every-
one attending, seemed to be serious
about really tasting the wines, mak-
ing notes and asking questions. I
believe that people generally are
discovering the pleasures of wine
and particularly which wines com-
pliment which dishes,” he said.

More than 30 artists exhibited
their works and they too seemed
to be pleased. "Lots of people
expressed interest in my exhibits
and I actually sold several pieces
during the event,” said Moya Stra-
chan, exhibiting for the second time.

Attending the Wine and Arts
Festival was Christopher Nick rep-
resenting the South African Vit-
ner, Graham Beck.

Mr Nick said he was very
impressed with the attendance and
the interest shown in his Graham
Beck wines.

He said he was also pleased that
the Bahamas National Trust is the
beneficiary of the funds raised at
the event.

“My company was founded in

‘1983 and has always worked

towards social empowerment. We

* provide free housing for our vine-

yard workers, fund a skills learn-
ing centre, give college scholarships
and support nature conservancy.

“T have been delighted to note
the popularity of our wines in the
Bahamas which, despite the small
population size, is a very good mar-
ket for Graham Beck," he
said,

The next major fund raiser for
the National Trust will be the ever
popular pre Christmas "Jollifica-
tion", again sponsored by Bristol
Wines and Spirits. It will be held
on November 17 and 18.

Keith Parker, president of PS



<

PATRONS LINE up to sample City
Market's tasty platters.

Advertising and Public Relations,
who has been covering the Wine
and Arts Festival since it's incep-
tion, noted: "I overheard several
of the wine connoisseurs comment
on the two most expensive wines
on offer — the Grgich Hills, Napa
Valley Chardonnay ($84.65 a bot-
tle) and their Cabernet Sauvignon
($119.70 a bottle). The taster's indi-
cated that they usually found the
more expensive wines unimpres-
sive for the price, whilst both of this
year's expensive offerings were
hand crafted wines and well worth
the money.

A most welcome addition to this
year's event was the complimenta-
ry sampling of "party platter" items
provided by City Markets.

A constant line-up of patrons at
the stall attested to the appeal of the
various cheeses and cold-cuts avail-
able for sampling.

Mr Scates noted that patrons will
be able’to sample the 2007 George
du Boef ‘Beaujolais Nouveau’ at
this year’s Jollification.

need to start or advance your career and earning potential.






Thursday, November 8th at 6 p.m.
Student Educational Center - Bahamas
8 Jean Street, Nassau
R.S.V.P. nova.edu/business © 242.364.6766, Ext. 0

BUSINESS SCHOOL OPEN HOUSE

e Learn about our undergraduate and graduate degree programs.
¢ Speak with academic advisors.
° Receive admissions and financial aid information.
e Application fee is waived for those who attend.







Keith Parker/PS News/Features



BILLY YOUNG of Bermuda, second from the right, sampled wine 26, the Australian 2006 Wolf Blass
Chardonnay. Mr Young has attended the last seven Wine and Art Festivals sponsored by Bristol Wines and
‘Spirits: He said: "My friend’Kevin Collie, (pictured far right) has been to all 17 festivals and invites me to visit
Nassau eVery year at this time — | wouldn't want to miss it now — so look for me next year!" Serving the
‘ftiehds is Vanessa Walkes of Bristol Wines with Hazel Johnson looking on.



NSU.

Life is full of options. Every decision opens new doors and opportunities. At the H., Wayne Huizenga School of Business and
Entrepreneurship, you can earn a business degree in less than 18 months: And with classes available on campus, weekends and online, you
can earn it on your terms. Add distinguished professors who are real-world corporate leaders, and you'll be empowered with the skills you






WY

Sas

NOVA °™

SOUTHEASTERN
YOUR FUTURE. YOUR TERMS.“




UNIVERSITY







*
PAGE 12, WEDNESDAY, NOVEMBER 7, 2007 THE TRIBUNE



sence eeeeeeseeeranaeaenesenaeteneenseseneaeeeecas oneness enenees j oh n , ; ; ' : ' j at i sean i a ‘a

Pope meets
a Saudi king
for the first
time; raises
restrictions
on Christian
worship

@ VATICAN CITY

eve,
>
’

2 ee 2 aS



BENEDICT XVI raised con-
cerns about testrictions on
Christian worship in Saudi Ara-
bia on Tuesday in the first
meeting ever between a pope
and a reigning Saudi king,
according to Associated Press.

Benedict and other Vatican
officials have often protested
that Christians are unable to
worship openly in Saudi Ara-
bia and are barred from open-
ing churches in the desert king-
dom where Islam’s holiest sites,
Mecca and Medina, are located.

King Abdullah, the protec-
tor of the holy sites, requested
the audience during his Euro-
pean tour, the Vatican said.
Benedict warmly greeted the
king, grasping both his hands
before heading into 30 minutes
of private talks in his library.
ey es is oe “HONOUREES POSE for a photo with Governor General Arthur Hanna and National Security Minister Tommy Turnquest during the Prison Long Service Award Ceremony on Monday.
with a traditional Middle East-
engt agian | STAFF HONOURED AFTER 30 YEARS. ON THE: IO B::
ded with jewels — as well as a
gold and silver statue of.a palm

tree and man riding a camel. : © ©

The pope admired the statue ;

but merely touched the sword. -
Islam is the official religion of

Patrick Hanna/BIS:



Saudi Arabia and the kingdom
requires all Saudi citizens to be
Muslims. Only Muslims can vis-
it the cities of Mecca and Med-

ina. :

Under the authoritarian rule
of the royal family, the king- r
‘dom enforces strict Sharia, or :

Islamic law. It folloWs a severe
interpretation of Islam known
as Wahhabism which rejects the
possibility of diplomatic rela-
tions with a Christian entity.
This interpretation would pro-
hibit a Vatican embassy in Sau-
di Arabia on the grounds it
would be equivalent to raising
the cross inside the site of
Islam’s holiest places.

It is forbidden to practice
Christianity publicly inside Sau-
di Arabia, and it is illegal to
bring symbols from religions
other than Islam into the coun-
try. Bibles and crosses, for
instance, are confiscated at the

‘border.

Some Christian worship ser-
vices are held-secretly, but the
government has been known to
crack down on them, or deport
workers from the Philippines if
they are known to hold even
private services.

The United States has alto
criticized Saudi Arabia’s restric-e
tions on other religions.

The Vatican has said it wants
to pursue a dialogue with mod-
erate Muslims after the pope
angered the Muslim world in
2006 with a speech linking Islam
to violence.



CC nue Peo



fal

Sere mn Ye, ABOVE: Governor General Arthur Hanna presents Sarah Jennette Gardiner, chief officer, with the Long
a Service Award for more than 30 years of service.

ABOVE LEFT: Minister Tommy Turnquest brings remarks at the Prison Long Service Award Ceremony. : 7 }

Always wanted to be
your own designer?

Ifyou can dream it, |
we can help you make it come true.|

Join us for a free presentation
with colour and design expert

—--

Barbara Richardson
from Devoe Headquarters, USA



Seats are limited, so stop in for

your personal invitation today!

Bénjamins Diphenhydramine BE j

A bright new look for a familiar face.

A trusted name for over a century
www.pabenjamin.com

Devoted
to the dream



fom
-_


Daa

HELPING YOU CREATE AND MANAGE WEALTH




~ . NASSAU OFFICE
yy | Tel: (242) 356-7764

COO Qa kere







<—e_ oe + Sane , EK
DAY, NOVEMBER’ 7, 2007



FREEPORT OFFICE
Tel: (242) 351-3010

Exchange controls ©
‘undermine’ value |.
of Bahamas firms _







BISX awaiting $100m BEC |
bonds, secondary market

wires @ By NEIL HARTNELL
nove’ Tribune Business Editor

* Exchange makes ‘modest losses’ of less than

he Bahamas
International
Securities

Exchange (BISX) is
awaiting the pro-
posed listing of the
Bahamas Electricity
Corporation’s (BEC)
$100 million bond
issue and regulatory
approval for a sec-

ondary listing tier, a
The Tribune was told % a Devos
yesterday, with such :
organic growth key to

taking it into the black after two years of
“moderate losses”.
Keith Davies, BISX’s chief executive,

speaking in the wake of last week’s annu-.

al general meeting (AGM), confirmed
reports reaching The Tribune that the
exchange had made “moderate, contain-
able losses of less than $100,000” in each
of its last two financial years.

Yet he added that there was “an expec-



Sas _ $100,000 for past two years, but expects

positive income in future
* Government’s two nominees appointed
to Board, as Kerr and Andrews step down

tation” that BISX would start to generate
a profit soon through organic growth,
with increased revenues coming from
new listings and the launch of new prod-

_ ucts and services.

Mr Davies said BISX was “seeking to
have” the listing of BEC’s $100 million
bond issue on the exchange, such a com-
mitment having been made in the offer-
ing memorandum for that issue.

In addition, both Fidelity and CFAL
were working on the launch of invest-
ment funds that would give Bahamian
investors access to the international cap-

-ital markets, both of which would ulti-

mately be listed on BISX once approved
by the regulatory authorities.

Treating them all as sepatate events,
Mr Davies said yesterday these were
“three things we’re hoping will be on our
way shortly”...

He added: “You're going to see these
small, incremental steps building the mar-
ket, as government agencies and private
companies dip their toes in the water and
come to the public markets.”

BISX has long been working on an

‘incubator’ or secondary listing facility,

which would target smaller companies
not wanting to as yet be burdened by the
regulations and extra costs of being a

SEE page 3

@ By NEIL HARTNELL

Tribune Business Editor

BAHAMIAN companies
and assets are “being sold at a
slight discount” to the price
they could realise due to this
nation’s foreign exchange con-
trol and other protectionist
policies, an accountant warned
yesterday, explaining that such
policies were hurting the com-
petitiveness of this nation’s
firms.

David Slatter, associate
director of KPMG Corporate
Finance (Bahamas), told a
Bahamas Institute of Char-

tered Accountants (BICA).
seminar that much of the value

in Bahamian companies and
Bahamas-based assets depend-
ed on how they were perceived
by foreign investors.
Due to this
exchange control policies,

ation’s -

Protectionist policies
hurting Bahamian
firms’ ability to _
compete and
expand abroad

which could impact the foreign
investor’s ability to extract

profits, dividends and capital

from Bahamian assets, and
protectionist policies reserving
certain areas of the economy
for Bahamian ownership only,
such overseas investors were
likely to apply greater dis-
counts to valuation models for

these assets and offer lower ~~

purchase prices accordingly.

SEE page 7



Bahamas missing | Business owners urged: Allow

services tax funds

@ By CARA BRENNEN-
BETHEL
Tribune Business

.-.. Reporter

THE Bahamas must move
away from its heavy depen-
dency on customs revenue, a
former minister of finance
said yesterday, as it-is losing
out on potential revenues
that could be gained from
taxing its much larger ser-
vices industries. :

James Smith, now CFAL’s
chairman, explained that
under the current system,
lower income Bahamians
who rely heavily on goods
are taxed higher than

wealthy Bahamians who rely -

more on service-based items.

Making the tax system
regressive, rather than pro-
gressive, the Bahamas con-

tinues to employ.a structure |

that relies on the taxation of
goods, when the largest con-
tributor to GDP is the ser-
vices sector.
“So as the economy grows,
the revenue does not grow as
‘fast, because you are only

Tax regime change
is a must, Says

- former minister———}

taxing the smaller part. Our
economy has grown, but the
majority of that growth. is in
the services,” Mr Smith said.
He added that a tax system
based on this raises questions
of equality.
~ This is why, Mr Smith said,
the Bahamas will have to
move towards implementing
a Value Added Tax (VAT)
as a replacement for customs

_dutiés, something that finan-
cial officials have been work-

ing on for more than 10
years.

If and when the Bahamas
enters into an international

trade agreement, it would

have to restructure its tax sys-
tem to some extent.

Mr Smith added that
investment incentives cur-

‘rently granted under existing

i SEE page 5

Bahamas needs
the top financial

services brands

@ By CARA BRENNEN-
BETHEL
Tribune Business
Reporter

- THE Bahamas must do
more to attract well-known
financial institutions and
insurance companies to base
themselves in this nation, a
senior industry executive said
yesterday, boosting its per-
ception as a world-class inter-
national financial services
centre.

Wendy Warren, chief exec-

utive and executive director |

of the Bahamas Financial
Services Board (BFSB) said
there was untapped potential

to further develop the indus- .

try and improve its position-
ing by attracting companies

with a strong international -

presence and client bases to
come to the Bahamas.
Addressing the Bahamas
Institute of Chartered
Accountants (B ICA), Ms
Warren said that as an exam-
ple, among the top 20 most

——

recognisied brands in the

global financial services
industry, the Bahamas has
only attracted a few, such as
GCIECO:

She added that the
Bahamas has left virtually
untapped a huge potential
revenue base from the off-
shore life insurance and cap-
tive insurance, plus reinsur- |
ance, markets.

Ms Warren said that in
2006 alone, Bermuda, which
has positioned itself as a glob-
al insurance leader, generat-
ed revenue earnings of $10
billion from the sector.

Ms Warren said that if the
Bahamas’ second most-
important industry was to
succeed, there must be a
diversification of the finan-
cial services offered here.

A branding of the indus-
try, she added, will be a
major BFSB initiative in 2008
as the organisation seeks to

- SEE page 5

x

your

customers to speak directly to you

@ By NEIL HARTNELL
Tribune Business Editor

BAHAMIAN business owners have
been urged to develop mechanisms allow-
ing consumers to speak directly to them,
the Bahamas Chamber of Commerce’s
president saying that such avenues were a
“great way to learn about what is going on
in your business”.

Addressing a Business Survival Work-
shop staged by the Small Business
Resource Centre, Dionisio D’Aguilar,
president of-the Superwash laundromat
chain, said developing ways for consumers
to directly contact them would enable
business owners to develop customer loy-
alty and a ready-made sales base for their

“companies.

Using his business as an example, Mr
D’ Aguilar said his cell phone number was

posted’on the-wall in all Superwash out-

lets, ensuring that customers who had a
problem or grievance his staff could not
resolve could, instead, con tact him direct-
ly for redress.

He recalled that the previous night, he
had dealt with a complaint from a cus-
tomer that they had not received a refund
from one of his outlets, eventually settling
the matter himself.

Mr D’Aguilar said: “What I did was
open up an avenue to allow consumers to
speak to me. That’s very important. Make
yourself available to customers as much as
possible.

“T don’t know why other businesses
have not done this. It’s a great mecha-

ae

nism by which you can learn about what is

going on in your business. It’s amazing ‘\
-what.consumers.can tell you about what is

going on in your business.

“So-make sure you have a mechanism
by which they can reach you, 24 hours a
day, seven days a week, or whatever hours
you work.”

Superwash, Mr D’Aguilar said, was
founded by his father and uncle in 1968,
the latter spotting an opening in the laun-
dromat market, which at the time he felt
was poorly served by run down. locations
and sub-standard equipment.

- To find the right locations for Super-
wash, the Chamber president added, his

SEE page 6

Fidelity NMoneyBack Mortgage

Switch your Mortgage to the new Fidelity MoneyBack Mortgage and make a
bundle and save a bundle! We give you a monthly rebate and invest it for
you and we pay all legal fees when you switch!

ee or visit Fidelity for details.

Conditions apply.

Nassau: t 356.7764 © Freéport: t 352.6676

FREDERICK WULFF
STREET ROAD

CABLE
BEACH

MADEIRA
PLAZA

PARADISE
ISLAND



FREEPORT

=) FIDELITY.

More than a Bank

e Marsh Harbour: t 367.3135

MARSH
HARBOUR


THE TRIBUNE 92:

Bahamas tax/GDP —

PAGE 2B, WEDNESDAY, NOVEMBER 7, 2007





“When we want comprehensive and insightful
articles about the business community,
The Tribune is our number one choice.

‘The Tribune is our newspaper.”

RYAN WILLIAMS, TROY SAMPSON,
and RENEA BURROWS

APPROVED LENDING SERVICES

READ THE - s

susiness The Tribune
SECTION :

MONDAY TO FRIDAY





ratio among the
region’s lowest

@ By CARA BRENNEN- |
BETHEL a eal
Tribune Business

Reporter

THE Bahamian govern-
ment’s tax revenues are among
the lowest in the Caribbean
region when measured as a
percentage of this nation’s
gross domestic product (GDP),
it was revealed yesterday.

Revenue

Ehurd Cunningham, secre-
tary of revenue in the Ministry
of. Finance, told persons
attending a Bahamas Institute
of Charterd Accountants
(BICA) seminar that the
Bahamas depends heavily on
customs duties when compared
to the revenue collection meth-
ods used by other countries in
the region.

“For 2007-2008, tax revenues
are forecasted to comprise
$1.317 billion or 88 per cent of
total annunal revnue, and rep-
resent 19 per cent of GDP,”
Mr Cunningham said.

tn

“Historically, tax revenues
grew from approximately $750
million in 1998-1999 to approx-
imately $1.173 billion in fiscal
year 2006-2007. For fiscal year
2007-2008, of the total tax rev-
enue, 46 per cent is forecasted
to be collected from customs
duties, 30 per cent from stamp
tax and 8 per cent from
tourism tax.”

However, Mr Cunningham
also pointed out that in com-
parison to CARICOM coun-
tries, customs duties averaged
some 17 per cent of total tax
revenues in the region.

“From a recent. survey
undertaken by CARICOM,
out of a group of 17 countries,
the Bahamas is rated second
lowest overall on revenue col-
lected when compared out of

' percentage of GDP,” Mr Cun-

ningham said.
Income

This was partly due to the
absence of income tax and the
Government’s policy over the
years, he added. A Value

Trifune - the #1 newspaper
in circulation, just call
322-1986 today!



Added Tax (VAT) is now
viewed as the most likely
option of the Bahamas ifs
forced to revamp its tax sys-
tem and replace the reliance
on customs duties.

Bahamas

Mr Cunningham explained
that if the Bahamas were to
enter into proposed trade
agreements such as the World
Trade Organisation (WTO),
Economic Partnership Agree-
ment with the European
Union (EU), and the CSME,
the tax system and methods
for the Government to raise
revenue would have to be
amended.

It could also transform the
Customs Department into an
agency more focused on bor-
der protection than revenue
collection.

“Trade agreements may
cause the reduction of other
revenue collections, as they
may be considered tariff sub-
stitutes and undermine the
purpose of the trade agree-
ment. The tourism concessions
may also need to be reviewed.
Tourism is important to the
ecomomic life of the Bahamian
economy, and more countries
are increasing efforts in the
area,” Mr Cunningham
explained. °

“Tt is critical, therefore, that
agreements signed are able to
maintain and enhance the lev-
el of revenue recieved in terms
of things such as hotel tax and
departurte tax. They have a
direct and indirect impact on
employment and other tourism —
related activity.”

aV@ a little

we”

Win alot! !

Open a new account ore NY Pr ae
and get a chance to win up to i weil , SEE







The prizes get bigger
and bigger every month!

cvery..

i

yes



ance To

draws November - $1,500
December - $2,500
January - $3,500
February - $5,000

M

OU ¢



BZ

uct X

a



For more information visit any branch of FirstCaribbean International Bank.
Or call: |

New Providence - 502-6800/01 Grand Prize $20,000
Family Islands - 1-242-300-2255 | paid over a12 month

tie csvnetittisins appt | | period in $1,666 instaliments.






> FirsTCaRiBsean
"| UNTERNATIONAL BANK
GET THERE. TOGETN:

yr NH


THE TRIBUNE

WRUVINCOVAT, INUVEIWIMmLI 7, CUUl, IE NUk Ue





Firms must speak ‘in
a first world manner’

@ By NEIL HARTNELL.
Tribune Business Editor

BAHAMIAN companies must
learn to speak to potential multina-
tional and corporate clients “in a first
world manner” if they hope to land
lucrative contracts, the Bahamas
Chamber of Commerce’s president
has warned.

Addressing a Business Survival
Workshop staged by Mark Turn-
quest’s Small Business Resource Cen-
tre, Dionisio D’Aguilar said he and
his brother had started a pest control
business after realising there was a
demand for such services among the

major hotels that was not being prop-
erly met.

He explained that hotel operators
told him they were frequently chang-
ing pest control contractors, some-
times as often as every six months, as
the repetitive, ‘boring’ nature of the
job was encouraging service standards
to slip.

Commercial

“We landed a large commercial
client almost immediately, and that
was Atlantis,” Mr D’ Aguilar said.

“We were very lucky, and the key
was being able to communicate with



Dionisio D’Aguilar

them in a first world manner.”

Too often, the Bahamas Chamber
of Commerce president said, Bahami-
an firms and entrepreneurs are “not
able to be sophisticated enough to
deal with large customers like
Atlantis”.

As a result, they often missed out
on major contracts offered by large
Bahamian companies and multina-
tionals, such as Kerzner Internation:
al, that were based here.

Comfort

To further give Atlantis comfort in
his company’s service quality and per-

formance, Mr D’Aguilar said the pest .
control business guaranteed that it
would bring in a United States-based
professional once every three months
to inspect the resort and the work
done, providing a report to both par-
ties.

“That gave them a certain comtort
level that we would be able to per-
form,” Mr D’ Aguilar said.

Pointing out that “there are busi-
nesses and ideas out there that don’t
require tonnes of capital” to get start-
ed, Mr D’ Aguilar said his pest control
business had required just $30,000 in
initial capital investment, mostly on
trucks, equipment and labour.



BISX awaiting $100m BEC bonds, secondary market

FROM page 1

the second tier of the market.

working. Hopefully, we will be

the two

government



public company, but still
desirous of operating in a reg-
ulated, transparent environ-
ment as preparation for a pos-
sible future listing.

“What’s happening on the
secondary market is that we
have made a formal represen-
tation/presentation to the
Securities Commission to seek
approval for its creation in a
formal way,” Mr Davies said.

“We were waiting at the end
of last week for a response
form the Commission.”
‘Although Tropical Storm Noel
intervened, Mr Davies said:
“By the end of this week we
hope to receive some sort of
formal response from them,
and it it’s positive it will allow

PAY A FRACTION OF THE USUAL COST FOR HEALTHCARE...

(CAN'T AFFORD HIGH MONTHLY HEALTHCARE FEES?

SAVE MONEY ON YOUR MEDICAL EXPENSES.
WITH eee oN HEALTH MEDICAL PLAN!




















to take shape on BISX.”

On the exchange’s financial
performance, Mr Davies said
BISX was hampered by a “vol-
ume issue”, as there was not
enough trading and liquidity
in the market to generate the
volume of share transactions
required to place it in the
black.

He added: “BISX in its cur-
rent form will continue to
make decreasing modest losses
as the market expands. There
is an expectation we will move
to a positive income in the near
future” through an expansion
in the volume of securities
traded, and the activities stim-
ulated by this.

“A lot of hard work has
gone into making the company
lean and efficient,” Mr Davies

‘said. “That’s'‘the plan and it’s

able to report some positive
steps in the near future. Stuff is
poised to come to us.”

Meanwhile, the BISX AGM
saw the nomination of the
Government’s two appointees,
bank examiner and ex-Coutts
executive George Farrington,
and Simon Wilson, the Min-
istry of Finance’s director of
economic planning, to the
exchangeé’s Board.

They will replace Peter
Andrews, Bahamas Waste’s
chairman, and Kenwood Kerr,
Providence Advisors’ chief
executive, who did not seek re-
nomination, on the Board. Ian
Fair remains as chairman, and
the other directors are
Franklyn Butler, Tony Joudi,
Earl Cash, and Michael Ander-
son.

While the nominations of

appointees have not, at least
on the surface, brought the list-
ing on BISX of government
paper debt securities such as
Government-Registered Stock
and Treasury Bills any closer -
a move that would give the
exchange the critical mass it
needs to get into the ‘black’ -
Mr Davies said both men were
“deeply committed” to BISX.

“Those two can be called on
at a moment’s notice for imme-
diate guidance, consultation
and support,” Mr Davies said.

“This last AGM we had a
very good turnout, a very good
dialogue with our sharehold-
ers, and everyone came away
feeling positive about the
direction of the company and
the positive strides made and
the path for the future. It was a
very. positive meeting.”








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

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














DISCOUNT HEALTH CARD FOR THE USA!





ssSBSAEOGRROOQALALA EES EEO DFE
X



And many more:
Family plan used for husband, wife,
significant others, dependent children...

ARE UNDER ONE PLAN ONLY!W!

SHounaey

Additional providers are on the network (check website for more listed areas)
Has 24 hour Nurse assistance by hotline...
Some Features and Services:

80GB BD.
=





No Limits to savings or restrictions on use!!!
Members can use the program as soon as they receive
the materials and the card in the mail...!!!

Sign up today for only $19.90 per month /$239.00 per year...
(Price per month, is based on yearly sign up only)

and begin saving immediately on your Healthcare Cost!!!
PLANNING A TRIP TO THE USA....SIGN UP NOW!
FOR MORE INFORMATION OR FOR ORDERING YOUR CARD:

Call now: 327-8192

Share your











Lannea nniene RANG
s
=
x



PLEASE VISIT OUR WEBSITE FOR MORE INFORMATION OR TO ORDER THE CARD DIRECTLY ON LINE.

mediprohealth.com


PAGE 4B, WEDNE





SDAY, NOVEMBER 7, 2007 THE TRIBUNE

A Leading Global Distributor is Seeking a

A client of Ronald Atkinson & Co. is a leading distributor of electronic accessory
products and they are seeking an exceptional person to serve as a Logistic

ee Specialist in their Nassau office. This key role will drive the international
Thursdsay, November Sth 2007 logistics of their products through strong collaboration with purchasing,

5:30 - 7:00 PM |

SESS:



_o
=
.
SS

MMMM MA ALDI

Wa

LMM Abt Hib bp



~ iAipdhdbondohes



@ Aomes

contract manufacturers, and customers. Experience managing worldwide
product distribution is critical for success.

Responsibilities include:

e Receive product orders from internal and external international
customers

* Create purchase orders

e Maintain records of goods on order and requested shipping dates

¢ Monitor and check status of orders with suppliers to confirm on schedule
production ;

¢ Monitor shipping notices to eliminate delays, report problems or delays
to Manager

© Maintain cordial relations with suppliers and customers to ensure
cooperation when unexpected events require rush delivery of orders or
special requests

¢ Prepare and ensure accuracy on all documents associated with
purchasing, expediting and international shipping

e Ensure accuracy on invoicing with accounting

* Communicate as appropriate with local Manager, Purchasing / Supply
Chain Manager, and customers in a professional manner

|



Requirements:

e A Bachelor's degree or equivalent experience
¢ Three to Five years of purchasing and logistics experience
¢ Knowledge of international purchasing process
¢ Knowledge of international shipping documentation and related
processes :
¢ Knowledge of customs compliance
¢ Exceptional written and verbal communication skills
e Strong analytical skills
e An advanced understanding of Excel & Word applications
* An understanding of accounting and accounting applications
RAWAK ¢ Fluency in Mandarin (written and verbal) is not a requirement but is a
“plus” for this post.
This Company offers a competitive compensation package and salary will be
consummate to experience of the applicant.

PILILLLLTLLITILOUOOLI LILIA ly Dt.

ee

e House. Shirley St. 394-0011 Qualified and: interested candidates should submit their resume with salary
history to Ronald Atkinson & Co. attention Bennet Atkinson, P.O. Box N-8326,
Augusta & Virginia Streets, Nassau, Bahamas, fax 242-326-5602, e-mail

accountants@ronatkinson. biz



“Informative. I can be sure to read something of value in The Tribune. It is filled with
information about local news, sports, entertainment and world news — subjects that are

important to me. The Tribune is my newspaper.”

The Tribune

CONSTRUCTION FOREMAN
ep of A pp, Power a oye
Wily. Vewe. Vly Vagpyer

a

Purchase The 1 your
local store or street vendor,

ribune from







~e4

Logistics Specialist |»
THE TRIBUNE



Missing services
taxfunds -

FROM page 1

legislation would not be
amended. He said that in the
case of projects such as
Atlantis and Baha’ Mar, the
trade-off would be the impact
to the economy and the job
creation.

However, he pointed out
that currently Freeport’s
Hawksbill Creek Agreement
generates tax incentives worth
more than $300 million a year.
“We tend to forget that, but
no other project in the country
has as many concessions,” Mr
Smith said.

Almost 60 per cent of govy-
ernment revenue is derived
from customs and stamp
duties, and given that those
taxes are considered barriers
to trade, restructuring is bound
to be the order of the day

Budget

In this year’s budget, of the

‘forecasted $1.5 billion in rev-

enue, $800 million or 55 per
cent will be derived from cus-
toms and stamp duty, Mr
Smith said

He added that in his view, a
new tax regime would be nec-
essary even if the Bahamas did
not sign on to any trade agree-
ments because of the lack of

revenue buoyancy. And the
implementation of an appro-
priately-designed VAT could
be used to eliminate other tax-
es, such as business taxes, once
it was set at a reasonable level.

Other countries in the region
have VAT taxes set at rates of
between 10 and 15 per cent,
Mr Smith said, adding that the
introduction of a VAT or any
form of taxation would require
tough enforcement to ensure
monies owed were collected.

Mr Smith acknowledged that
the culture and history of the
Bahamas makes the introduc-
tion of a new tax regime a dif-
ficult thing to implement and
be accepted by the Bahamian
people.

Bahamas needs
the top financial

services brands



Ms Warren added that Bahamian financial

FROM page 1

promote the Bahamas as a place to do business
by sending out the message: “Make your address
the Bahamas.” '

She said that if this campaign was to be effec-
tive, the Bahamas must overcome its major
challenge of a lack of excellence, and strive to
bring quality service to the Bahamas - not just in
financial services, but in every area of national
development.

_services providers must also adapt their way of

serving high net'worth clients.

“Today, we are seeing a new class of high net
worth individuals; they are younger and they
are less prepared to remain loyal to a financial
provider, and so we have to respond different-
ly than we have done in the past,” Ms Warren
said.

She added that the BFSB will continue to
provide input into amendments of financial
services-based legislation through consultation
with all stakeholders.

WEDNESDAY, NOVEMBER 7, 2007, PAGE 5B

SUNSHINE INSURANCE

(AGENTS e& BROKERS) LIMITED

Correspondents for MA R S$ H

The world’s #4 risk spectalist

SUNSHINE FINANCE LTD.
LENDING & MORTGAGE SERVICES
; A SUUBSU MBBS OF SUNSHINE POULANGS LID,

Please note that both our offices, Shirley
Street and Blue Hill Road Branches

will close at 3:00 pm on Wednesday
7th November, 2007 for our —
STAFF MEETING

The office will re-open on —
Thursday 8th November, 2007.

Sorry for any inconvenience.

CFA SOCIETY OF THE BAHAMAS

_ ANNUAL AWARDS CEREMONY and
CFA PROGRAM INFORMATION EVENING
. TOPICS. as
_ “AN INTRODUCTION TO THE CFA
(CHARTERED FINANCIAL ANALYST)
PROGRAM AND THE EDUCATION
REVIEW COURSE” —

DATE: Friday, November 9th, 2007

(event postponed from original date of Nov. 1st due to inclement weather)

TIME: 6:00 p.m. Cocktails
6:30 p.m. Presentation

PLACE: Wedgewood Room
British Colonial Hilton
One Bay Street

GUEST SPEAKER: Charles W. L. Deale, Head of Society
Relations, CFA Institute, Charlottesville, Virginia

“COST: Complimentary

RESERVATIONS: PRE-REGISTRATION REQUIRED by November 8, 2007

Karen Pinder, CFA
karen.pinder@efgbank.com
Telephone: 502-5405

The Chartered Financial Analyst (CFA®) Program is a globally recognized

standard for measuring the competence and integrity in the fields of
portfolio management and investment analysis. Three levels of
examination verify’ a candidate's ability to apply the fundamental
knowledge of investment principles across all areas of the investment
decision-making process. The next examination date is June 7, 2008 and
the final registration and enrollment date is March 17, 2008. We
encourage all interested persons to attend the information evening to
learn more about the CFA Program. The CFA Society of The Bahamas, will
present a brief outline of the CFA Institute, and the local society. Special
Guest Speaker, Mr. Charles W.L. Deale, Head of Society Relations, CFA
Institute will provide an outline of the CFA Program and present the
charters to the new CFA Charter holders. The Education Committee will
provide a brief outline of the 2007-08 Education Programs planned for
Level |, Il, and Ill candidates. A Q&A Panel Session will follow the
presentations.


THE TRIBUNE) ois:

Allow your —
customers to —

PAUE 0B, WEUNESDAY, NOVEWNIBER /, 20U/



The Four-Way Test

“Of the things we think,

say or do

1. Is it the truth?

2. Is it fair to all
concerned?

3. Will it build goodwill
and better friendships?

4. Will it be beneficial to

From the earliest days of the
organization, Rotarians were
coneerned with promoting high
ethical standards in their
professional lives, One of the
world's most widely printed and
quoted statements of business
athics is The Four-Way Test,
which was created in 1932 by
Rotarian Herbert J. Taylor. This



24-word Test has been
translated into more than a

all concerned?”

hundred languages and
published in thousands of ways.
it asks the following four

questions:



Rules:

Children ages 10-16 may ent

‘Jadging will be in two.

age categories: 10-13 years and 14-16 years for a first
and second place winuer in each category.

. Write a essay answering the following subject:

“What does the Four-Way Test mean to me.” Explain

OFFICIAL ENTRY FORM
SRE ES TN Sane Nee ens Noresion SE cuacteoebienw anid

your
your life,

ig of the 4-Way Test as it relates to
experiences, and/or society in general.”

Your essay must include the four principles.

. The body of the essay must not exceed 1,000 words.

Address:

Adults may assist the child in filing out the entry form,

but not in writing the letter.

P.O. Box:

. Limit one essay per child. All entries must be received by

the Rotary Club of Rast Nassau before Nov 30, 2007,
. Only essays accompanied by original entry forms clipped
accepted. Photocopy, fax,

from the newspaper will he

carbon or other copies will not be accepted.
. One winner will be chosen from each age category. The

decision of the judges is final.

. Winner roust agree to a photo presentation which will

be published in the newspaper.

. Mail essay and completed newspaper clipping to

The Four-Way Test Essay Compatition,

Attn: Michele Rassin, The Rotary Club of Bast Nassau,

P.O. Box SS-6320, Nassau, Bahamas

The Tribune. lw

. Ply Vere. Hy Plewsggeee!

52wk-Low
Abaco Markets

Security

*

All entries became property of the Rotary Club of Bast Nassau and can be used
and reproduced for any purpose without compensation.

Rotary Club of
v
EAST

awe” NASSAU ON





Bahamas Property Fund

7.86
0.70
1.65
1.20 Fidelity Bank

9.81 Cable Bahamas
1.83 Colina Holdings
12.10
4.70
2.20
5.54
12.00
13.85
5.18
0.54
7.10
8.52

‘Benchmark

Famguard
Finco
FirstCaribbean
Focol (S)

ICD Utilities
J. S. Johnson



Bank of Bahamas

Bahamas Waste

.Commonwealth Bank
Consolidated Water BDRs
Doctor's Hospital

Freeport Concrete



14.25 Bahamas Supermarkets
6.00 Caribbean Crossings (Pref)

0.20 RND Holdings

41.00 ABDAB

14.00 Bahamas Supermarkets



52wk-Low
1.3128
2.9449
2.4687
1.1970

11.2596

f 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

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

Colina Money Market Fund
Fidelity Bahamas G & | Fund
Colina MSI Preferred Fund
Colina Bond Fund

Fidelity Prime Income Fund



1.361452*
3.3829***
2.921539***
1.274052***
11.7653*"*

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

IARKET TERMS

EPS $ - A company's reported earnings per share for the last 12 mths

NAV - Net Asset Value
N/M - Not Meaningful



1.160
0.000

4.450
1.160



speak directly _

to you

FROM page 1

relatives stood on street cor-
ners for eight hours a day over
a three-week period to mea-
sure the car and traffic flow, a
gauge of likely consumer activ-
ity.

After joining the business in
1993, Mr D’Aguilar said
Superwash had expanded from
five to nine locations. Yet in
the first year he was there it
made a $500,000 loss, and what
saved the business and allowed
it to flourish was the move to
24 hours per day, seven days a
week, opening.

“Revenues doubled without
any material increase in
expenses,” Mr D’ Aguilar said,
joking that it “broke my heart”
to close all Superwash outlets
at 6.30pm last Wednesday
night due to Tropical Storm
Noel.

He added that his staff found
it difficult to find the keys to
lock up, because Superwash
was never closed, and then
there were issues of who would
re-open the business. ,

The fact that Superwash was
open all the time also acted as

Yield

0.400
0.260
0.020
0.060
0.040
0.240
0.080
0.680
0.050
0.020

0.240
0.570
0.470 :
0.133 16.8
0.000 N/M
0.200 17.6
0.590 10.1 5.87%
0.600 8.6 6.00%
IV le
1.125 13.4

0.480 NM

40,000. NIM. 0.008
1.125 13.4 7.71%
0.000 N/M 0.00%

(}

4.11%
0.79%
0.89%
3.69%
4.46%
3.21%
2.24%
0.00%
2.76%

* - 26 October 2007

**- 30 June 2007

*** ~ 30 September 2007
*** 34 July 2007

FINDEX - The Fidelity Bahamas Stock Index. January 1, 1994 = 100



Eg ON RRR eh
em ee Raab

a self-monitoring system to
ensure staff got to work on
time, Mr D’ Aguilar said.

He added that finding
employees with all of three key
qualities - the ability to get to
work on time, honesty and
ability to interact properly with
customers - was “a major prob-
lem for employers”.

“All I do is pop up and keep
my staff on their toes,” he
added. “I have kind of devel-
oped an intelligence network
in my business. That’s how I
keep my finger on the pulse of
my business, making sure it
runs smoothly. It’s all about
the nuts and bolts.”

When it came to running
start-up companies, Mr
D’ Aguilar said that if entre-
preneurs did not have the
“passion” to do so themselves

they were “wasting their time”.

“Tt needs the passion, and it
needs your individual atten-
tion, because no one can run
the business as well as you can.
You cannot delegate to some-
one else. It will fail,” Mr
D’ Aguilar said.

As an example of this “pas-
sion”, he pointed to ex-Com-
monwealth Bank executive
Walter Wells, who left a senior
post to build a consortium to
acquire Caribbean Bottling
Company, the Bahamas man-
ufacturer of Coca-Cola and
other soft drinks, which-had
fallen on hard times.

Adding operational exper-
tise through the 30 per cent
stake taken in his group by
Banks Breweries (Barbados),
Mr D’Aguilar said Mr Wells
entered a new field to turn
around a company that had
falten on hard times, with
Coca-Cola product previously
missing from many store
shelves in New Providence.

The Chamber president
described as “the hardest part”
for entrepreneurs and start-ups
as generating the first $100,000
in revenue, as “once you get
past that it becomes easier and
easier and easier”. .

Urging entrepreneurs to
assess the competition they
would face when starting out,
Mr D’Aguilar contrasted the



NOTICE

bottled water sector with
Superwash’s own. While there
were no barriers to entry in the
former, the laundromat trade
required large amounts of
upfront capital to equip loca-
tions and purchase machinery,
providing “substantial barri-
ers”.

Mr D’Aguilar said he was
trying to raise these barriers
every year by investing in
standby generators, new loca-
tions, new washers and driers,
and providing additional ser-
vices such as steam pressing.

“When starting out, you
have to figure out your com-
petition and what is going to
differentiate you from them,”
Mr D’ Aguilar said.

“That’s what being an entre-
preneur is all about. You’ve
got to have passion and learn
to differentiate yourself from
the competition.”

Bemoaning the dearth of
middle management talent in
the Bahamas, Mr D’Aguilar
said that in the food retail busi-
ness it was critical to have the
right managers to run stores. »

“Tf you have a useless man-

ager, that business will not do |"

well. It’s so important that the
guy running it knows what he
is doing,” said Mr D’ Aguilar,
speaking from experience by
virtue of being an Abaco Mar-
Kets director.

As an example of a business

in which he invested that did

not succeed, Mr D’Aguilar
referred to Pizza, Pizza, which
was set up in 1995 under the

management of now well- .-

known radio personality Jeff a

Lloyd.

Mr D’ Aguilar said the ven- a

ture cost him and fellow
investors “hundreds and hun-

dreds and hundreds of thou-

sands of dollars”.

“We got it totally wrong. We -

tried to be too big too fast, we
tried to grow too fast, and for-
got to keep it simple,” Mr
D’ Aguilar said, adding that the
company never opened its
planned second outlet.

He warned entrepreneurs to
ensure their businesses were
running smoothly before they
sought to expand.

NOTICE is hereby given that RONALD JOSEPH of
FOX HILL, NASSAU, BAHAMAS, is applying to the Minister
responsible for Nationality and Citizenship, for registration/
naturalization as acitizen of The Bahamas, andthat 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 31ST day of
OCTOBER, 2007 to the Minister responsible for Nationality
and Citizenship, P.O.Box N-7147, Nassau, Bahamas.



NOTICE

NOTICE is hereby given that JUNIOR ANTHONY DAVIS OF
YELLOW ELDER #3, P.O. BOX N-1639, NASSAU,
BAHAMAS, is applying to the Minister responsible for
. Nationality and Citizenship, for registration/naturalization
as a citizen of The Bahamas, and that any person who
knows any reason why registration/ naturalization should
‘not be granted, should send a written and signed statement
of the facts within twenty-eight days from the 31st day of
October, 2007 to the Minister responsible for Nationality and
Citizenship, P.O.Box N- 7147, Nassau, Bahamas.

NOTICE

NOTICE is hereby given that SYLVENA DUCENOR OF
BAILY TOWN, BIMINI, BAHAMAS, is applying to the

Minister responsible for Nationality and

itizenship, 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 31st day of October, 2007 to the Minister
responsible for Nationality and Citizenship, P.O.Box N-7'147,

Nassau, Bahamas.



<

*

. *
-. THE TRIBUNE

- Exchange controls ‘undermine’

WEDNESbnn., iv. v evict 7, 2007, PAGE 7B

value of the Bahamas firms

FROM page 1

While Bahamian companies
were restricted in their ability
to access foreign reserves for

_ . investments abroad, Mr Slat-
+[+]-'-ter explained that while this
*.7."- nation’s economic model

sought to attract international

Nats capital and foreign investment
.:.: inflows, repatriating these lat-
‘}+]- ter flows could be more prob-

+ 1.7." lematic.

Using the September 11,

2001, terror attacks as an

example, Mr Slatter said that

_-- since the Central Bank of the
~. Bahamas’ main objective was°

->.*.> to protect the foreign reserves

">. and maintain the one-to-one

peg with the US dollar, if such
an external shock happened it
would have no choice but to
place a block on large foreign

currency outflows.

Impede

Such a move could impede
investors seeking to make large
capital withdrawals, Mr Slat-
ter saying any move to liqui-
date large investments such as
$100 million and withdraw that
capital could not be allowed
by the Bahamas in such cir-
cumstances.

“This liquidity risk -will
reduce the value of Bahamian
firms in the eye of foreign
investors,” Mr _ Slatter
explained.

“A. lot of Bahamian value is
dependent on the foreign
investor and what they see.
They would see a significant
risk that they may not be able

to get capital out when they
‘.* need to.”

Similarly, when it came,to

- the:conduct.of monetary. poli-.,
cyy'MrSlatter, contrasted the.
'. US Federal Reserve’s ability

'. to cut interest rates and stimu-

late borrowing and consumer

4 ’+’ demand to stave off a reces-
‘‘ +’ + sion, with the policy that the
‘.’ Central Bank of the Bahamas

would pursue.
Again, given that the Cen-

tral Bank’s main target was
preserving the one-to-one US
dollar peg and protecting the
nation’s foreign reserves to
ensure the Bahamas had
enough import financing, Mr

Slatter said such interest-rate _

cutting tools were not avail-
able in the Bahamas. ~

Post-September 11, rather
than.cut interest rates to stim-
ulate the economy, Mr Slatter
said the Central Bank restrict-
ed credit creation to protect
the foreign reserves.

He explained: “This leads to
wider fluctuations in GDP
growth than would otherwise
be the case.” This, Mr Slatter
said, would lead to greater rev-
enue volatility and greater
forecasting risk for Bahamian
firms, as a volatile economy
made for earnings volatility.

Seeing all this, Mr Slatter
said foreign investors would
build in greater discount rates
on cash flow valuations of
Bahamian firms, again reduc-
ing their value.

“Many of these foreign enti-
ties, when they invest in the
Bahamas, they use a discount
rate or rate of return that
reflects the risk,” Mr Slatter
said. “When they do that, that
hurdle or price they are willing
to pay goes down.

“IT would argue that many of
these Bahamian assets are
being sold at a slight discount
to what they could be.”

He added that the exchange
control regime had enabled
Caribbean companies, such as
Barbados Shipping & Trading,
Banks Breweries (Barbados),
Sagicor, CLICO, Sandals,
Breezes and others to enter
the Bahamian market, but had
restricted companies in this
natign from entering there’s
an d expanding abroad.

“Foreign investors are
acquiring Bahamian assets, but
Bahamian firms are not buying
foreign assets,”, Mr Slatter said.
“If you’re looking for signifi-
cant examples of where
Bahamian firms acquired for-
eign assets, nothing comes to
mind.”

Some Bahamian companies
had returned foreign-owned
assets to domestic ownership,

he added, citing FOCOL
Holdings’ acquisition of Shell
(Bahamas); Colina’s purchase
of Imperial Life, Canada Life
and Global Bahamas; and
Bahamas Supermarkets’ acqui-
sition by BSL Holdings.

Companies

Questioning whether
Bahamian companies were
more competitive and of
greater value than they were
10 years ago, Mr Slatter said

companies that were in pro-
tected industries, such as those
reserved for Bahamian own-
ership only, were having their
“ability to realise their true val-

ue” restricted.

The growth rate for such
firms was much smaller, he
explained, and the value for
firms in industries reserved for
Bahamian ownership, such as
retail, wholesale, restaurants,
real estate and the media, was

being kept down by the pool of '

potential buyers being restrict-

ed to domestic companies only
- usually competitors wanting
to increase market share.

In addition, companies in
protected industries were slow-

er to adopt new management _
techniques and technologies, .

refusing to become more effi-
cient and tied to the ‘old way’

of doing business, again
depressing their value.

Because they were not pre-
pared for competition, compa-
nies in protected industries
would be subject to greater dis-
counts on their value than non-
protected sectors, Mr Slatter
said,

Royal Island (Bahamas) Limited
INVITATION FOR EMPLOYMENT



NOTICE.

NOTICE is hereby given that CECILIA ST. LEO FORBES
OF BARTLETTE HILL, GENERAL DELIVERY, GRAND
BAHAMA, BAHAMAS, is applying to the Minister responsible
for Nationality and Citizenship, for registration/naturalization
as a citizen of The Bahamas, and that any person who
knows any reason why registration/ naturalization should
not be granted, should send a written and signed statement
of the facts within twenty-eight days from the 7TH day of
NOVEMBER, 2007 to the Minister responsible for Nationality
and Citizenship, P.O.Box -N-7147, Freeport, Bahamas.

KING'S
REAL ESTATE

_ King’s Real Estate Company Limited is a Bahamian Real
Estate and Development Company. We are currently
looking for applicants for the below positions: i

CIVIL ENGINEER

Bachelor Degree or higher in the field of Civil
Engineering.

3-5 years experience in Civil Engineering and
Construction related fields.
She ets with the Bahamas Professional Engineers’
Board.

Experience in the design of Subdivisions, Roads,
Airports, Drainage and Water & Sewerage Systems.
Ability to use engineering software such as Auto
CAD 2004. 4

Proficient in implementing site quality assurance
measures and overseeing site supervision.
Hardworking and able to handle a number of projects
simultaneously.

REAL ESTATE AGENT

* 3-5 years experience in the Real Estate Industry,
° Licensed with the Bahamas Real Estate Association.
° Motivated.

King’s Real Estate is a team orientated company and
potential employees should be capable of adapting to
this philosophy.

All interested candidates should e-mail there resumes to:
-kingsley@kingsrealty.com



Legal Notice

| Ney Nelo

INTERNATIONAL BUSINESS COMPANIES
ACT
(No.45 of 2000)

CHANTEL OVERSEAS LTD.

In Voluntary liquidation it
Notice is hereby given that in accordance with Section 137 (4)
of the International Business Companies Act (No. 45 of 2000),
CHANTEL OVERSEAS LTD. has been dissolved and struck off
the Register according to the Certificate of Dissolution issued by the
Registrar General on the 25th day of October, 2007.

PABLINO EDWARDS BENITEZ
Rincon §31,
Unidad 502 Montevideo
Uraguay
Liquidator



Legal Notice

| NOTICE

INTERNATIONAL BUSINESS COMPANIES
ACT
(No.45 of 2000)

OLDEMAR TRADING CORP.

In Voluntary liquidation

Notice is hereby given that ih accordance with Section 137 (4)
of the International Business Companies Act (No. 45 of 2000),
OLDEMAR TRADING CORP. has been dissolved and struck off
the Register according to the Certificate of Dissolution issued by the
Registrar General on the 25th day of October, 2007.

Mr. Alexander Yakovchuk :
15, Bolotnikoyskaya Str.,
_ Apart. 21



SS
RQOSIHK
‘>

TEER
oo

Position Available:

HEAVY EQUIPMENT
MAINTENANCE MANAGER

Job Description:

Responsible for the management of. all
maintenance activities in Nassau ensuring
all preventative maintenance and heavy
equipment repairs are conducted as per com-
pany standards. Conducts on-site audits and
evaluations of port equipment, coordinates
repair activities and preventative procedures.

Education:

High school diploma or equivalent. Trade
or Technical certificate in Heavy Equipment
Maintenance. :

Experience:

Five years experience in heavy equip-
ment maintenance with at least two years
in management of equipment maintenance.

Container Terminals offers a highly competi-
tive package of benefits. Salary is commen-
surate with qualifications and experience.

Royal Island (Bahamas) Limited, the developers of the
Royal Island Resort and Residential Project, just off North
Eleuthera wish to fill the following position:

" ADMINSTRATIVE ASSISTANT

Successful applicant will be responsible for the following:
¢ Daily cash tansactions
* Accounts Payables
© Wages, national insurance & timesheets
¢ Cheques Tranactions
* Cheque Reconciliations
¢Staffrecords
¢ Meeting Minutes
° Reports
° Log Sheets
° Departmental or Specific Task summeries
° Correspondences
* Undated and backed up Computer Files
° Up-to-date filing
° General office cleanliness

Qualifications and Experience:

The idel candidate should have:

* At least 5 years experience in a similar capacity.

* Sound computer skills (experience with Word, Excel
computer networking, email programs essential).

* A background in Legal, Accounting, Property
Development or Hospitality fields a plus.

¢ Accounting and Human Resources experience.

¢ Strong interpersonal and Organizational skills.

The successful candidate will be required to reside at
Eleuthera.

Interested persons should submit their resumes with cover
letter to:

Harcourt Management Services Ltd.
P.O.Box N 1991
Nassau Bahamas
Fax to: (242) 356-4125
Or Email to: info@gomezcorp.com

Royal Island (Bahamas) Limited thanks all applicants for
their interest, however only those candidates under consid-
eration will be contacted. :



Julius Bar

Julius Baer Group, the leading dedicated Wealth Management is seeking candidates for the
position oft

HEAD OF ITALIAN DESK
CORE RESPONSIBILITIES:

* Setup and lead a team of relationship managers with focus on Italian speaking
European Countries (Italy and Switzerland)

Acquisition of new clients

Client retention and servicing of existing client relationships

Frequent business trips to Europe

Promote Nassau as financial centre and JB Nassaias booking centre for offshore
clients.

REQUIRED SKILLS:

* Excellent verbal and written communication skill
* PC literate with strong Excel, Word, PowerPoint (ability to lear new applications

® hee excellence
EXPERIENCE:

'+ Mirimutn 10 experienc fh Swise Banking in related fl
EDUCATION: |

* ABachelor's degree with concentration in Economic, Business Administration or
equivalent,

FOREIGN LANGUAGES:
* The ability to speak a third language would be an asset

We offer a very competitive compensation and benefits package, a stimulating work
environment and the opportunity to make a significant contribution to our business while
expanding your career,

Interested candidates should forward a copy of their resume by October 31*, 2007 to the
attention of:

BY.MAIL

Personal & Confidential
Human Resources
P.O, Box N4890
Nassau, Bahamas

RY.HAND ‘

Personal & Confidential

Human Resources

Qoean Centre, Montague Foreshore
East Bay Street

P.O. Box N-4890

Nassau, Bahamas





.

PAGE 8B, WEDNESDAY, NOVEMBER 7, 2007 a THE TRIBUNE: :

4 ey 8

.
~-

A’Shad Bowe Chris Darling ° BeJay Fox Nathaniel Humes P -
St. Augustine's College FaithTéemple L.W. Young Jr. High — $.C. McPherson Jr. High

















Over the en 20 years we've been employing our
h ve for excellence.

nations youth, encouraging them to stri



















Davonte’ Knowles Thedro Neely James Nonome Alexander McKenzie -

§.C. McPherson Jr. High © S.C. McPherson Jr. High C.C. Sweeting R.M. Bailey Sr. High

Felicia Roker Oprah Davis Kishlyn Hall: Sherlyn Albury
H.O. Nash Jr. High Aquinas College Aquinas College Univ. of Guelph, Canada



Devon Richardson Nathan Sands Miguel Strapp Cohen Sweeting
C.l. Gibson Sr.-High Faith Temple H.O. Nash Jr. High Bahamas Academy



Rodlyn Maicolm Delthia McKinney Rashaan Forbes Earl Thompson
College of St. Benedict College of St. Benedict Fisk Univ. — St. John’s Univ.



Steffon Thompson Warren Williams Deon Ferguson Timon Fox
R.M. Bailey Sr. High Heritage Christian C.V. Bethel Sr. High —-C.V. Bethel Sr. High



Kristina Christie Vincent Thompson —_ Julio James Timothy Bain
Univ. of Tennessee —_—St. Augustine’s College College of The Bahamas St. Augustine’s College












Mark Gibson Anthon Percentie Rashad Timothy Kristoff Davis
Progress Academy €.R. Walker Sr. High Doris Johnson Sr. High St. Augustine’s College



Taj Bastian Rachel Johnson Luther Humes Rodrigo Thompsen |. -
St. Augustine’s College South Haven Christian Academy Government High C.Y, Bethel Sr. High a8



Randell Johnson | worre Kyle Mackey Anthony Miller
Aquinas College R.M. Bailey Sr. High Faith Temple Discovery Learning







Ramon Wong Dorian Stubbs__Livington Saunders Vanell Francis
Mt. Carmel C.R. Walker Sr. High B.T.V.A _ College of The Bahamas







Demetrius Rolle Leslie Wilson Tevin Woodside
Faith Temple St. Augustine’s College Zion Excel Academy



\
R
N





.

Keith Mackey Stefano Basden A’Dario Bowe Jonathan McKinney |::
Doris Johnson Sr. High Pace Christian Academy St. Augustine’s College Teleog Christian School

.

os oo 8








Delicia Brennen Latavia Anderson Alexandria McKenzie = Kyrbi ey
Bahamas Academy Bahamas Academy Government High School St. Augustine's College



5 SSS a S
Marcian Saunders Milo Strachan Morgan Worrell Jason Cleare
Doris Johnson Sr. High Temple Christian South Haven Christian Academy C.C. Sweeting Sr. High



Ashlee Bain Devinney Sands Shandia Finlayson Ebony Finlayson |
Aquinas College Doris Johnson Sr. High Government High School St. John's College



1 aye UCC -all of ther 1a yf Reno Ferguson Wayde Higgs Jamal Moxey Tristan St. Jean’
ee A Bee Tate as Governement High School C.C. Sweeting Sr. High — C.1. Gibson Sr. High = Government High School



xml version 1.0 encoding UTF-8
REPORT xmlns http:www.fcla.edudlsmddaitss xmlns:xsi http:www.w3.org2001XMLSchema-instance xsi:schemaLocation http:www.fcla.edudlsmddaitssdaitssReport.xsd
INGEST IEID EIOUJ8IO5_AT0BKQ INGEST_TIME 2012-01-11T15:10:38Z PACKAGE UF00084249_03031
AGREEMENT_INFO ACCOUNT UF PROJECT UFDC
FILES