08192022 NEWS, SPORT AND BUSINESS

By JADE RUSSELL DIANE HAMILTONNEXTFINDINGPHILLIPS:THELEWISSEEPAGENINE

THE Bahamas National Trust says the organisa tion does not endorse the proposed North Andros mining project. In a press release, yes terday BNT said the organisation is not automat ically an jectsindustrialnorisation,anBNTagencyandproject’sexecutivepresentationsalssupported.jectslarge-scaleorganisation,anti-developmenthowever,industrialprosuchasminingarenot“TheBahamasMateriCompanyhasmadetotheBNT’scommitteeonitsplannedactivityareaofimpact,”thesaid.“Whiletheisnotautomaticallyanti-developmentorganwedonotsupport,endorselarge-scaleextractiveprosuchasmining.” SAYS NO MININGANDROSTO LYNAIRE MUNNINGS lmunnings@tribunemedia.net

By LETRE SWEETING

SUPER Value owner Rupert Roberts says the prices of items such as rice, cooking oils, tomato prod ucts and evaporated milk will see an increase in the comingElevatedweeks. costs are expected, he said, up until next March. In an interview with The Tribune yesterday Mr Robert with one of the grocery store chain’s buyers gave a glimpse into how prices have “Evaporatedfluctuated.milk we had a major price increase and still are having a price increase now on milk,” the buyer said. The buyer further explained that Super Value was also recently informed from one of its suppliers that the price of rice will increase by at least 15 to 20 percent by the end of this month.Despite the inflation of grocery item prices and

GET READY TO PAY MORE AT THE STORE

Commissioner

POLICE Commissioner Clayton Fernander said yesterday that police have identified where 21-year-old Omar Davis, Jr, was murdered and that he knew his killer. Commissioner Fernander told reporters that one of the five men in custody has been assisting authorities with their probe into the gruesome homicide. He said by Monday someone would face court for the murder. “Between now and maybe Monday, someone will be going to court for that,” he said. “We know that where the body was found the incident did not happen. We have located the scene where it hap pened. I intend to have a press conference just before the individ ual goes to court. “Based on the investigation so far, we know they knew each other,” Mr Fernander said of Davis and his killer.The victim’s family was updated yesterday at Police Headquarters on the progress of the case, he said. says murder scene has been identified

KILLER’KNEW‘OMAR

BNT

By

AS Hurricane Dorian’s anniversary looms, Grand Bahama is approaching its third year without a proper airport facility in the nation’s second city. “We are about to reach our third anniversary of having the airport wiped out in a couple of weeks,” Grand Bahama Chamber of Commerce president James Carey said this week as the island hosts the NACAC Track and Field Championships from August 19 to 21.

OMAR DAVIS JR, who was found dead on Tuesday.

RUPERT ROBERTS SEE PAGE TWO

THREE YEARS AND STILL NO PROPER AIRPORT By DENISE MAYCOCK Tribune Freeport Reporter dmaycock@tribunemedia.netSEE PAGE FOUR SEE PAGE FIVE FRIDAY HIGH 91ºF LOW 81ºF i’m lovin’ it! Volume: 119 No.185, August 19, 2022 THE PEOPLE’S PAPER: PRICE–$1 Established 1903The Tribune CARS! CARS! CLASSIFIEDS TRADERWEEKEND The Tribune Monday, February 8, To Advertise Call 601-0007 or 502-2351 Starting $33.60 Biggest And Best! LATEST NEWS ON TRIBUNE242.COM PiecrémeGuava

SEE PAGE THREE

Nassau & Bahama Islands’ Leading Newspaper

PAGE 2, Friday, August 19, 2022 THE TRIBUNE GET READY TO THEMOREPAYATSTORE

FAREWELL LEADERSCARIBBEANTO

SCENES from the closing ceremony of the regional meeting of the Caribbean heads of government this week.

higher daily living expenses in the country, some customers are still apprehensive to buy off brand products, Mr Rob erts“Wesaid.have a lot of off brand oil, but they’re reluctant to buy under the national plan,” he continued.MrRoberts told The Tribune he was hopeful that inflation would level out. “We hope that it levels out by the first quarter of next year and that’s what we see happening, unless a catastrophe in the world like the war changes it.” from page one

OMAR Davis Jr’s death has stunned and “totally shocked” members of a church he attended at St James Road, in the Kemp RoadPilgrimcommunity.Baptist Temple Pastor Leroy Major said the death was hard to process as Davis was a good exam ple to his peers and people in the area. “I can’t believe that this happened (to him),” Pastor Major told The Tribune in an interview recently. “We’re very sad about it. Totally shocked. He was one of our hopes you know in the area. You know it’s so sad to know he died so suddenly. He was a good example to his peers and the community, and a lot of his peers did look up to him.” The Tribune also spoke to Christopher Roberts, who was a guidance counselor at DW Davis Junior High School, when Davis was a studentWhilethere.hedid not deal with Davis specifically in terms of a case matter, Mr Roberts recalled the young man was known to the guidance counselling department as one of the school’s “high flyers”. Mr Roberts and Davis attended the same church. The former guidance counselor was also the guest speaker at Davis’ graduation from CI Gibson School.“This is a difficult one because here you have a young man who tried so hard and was obviously being successful in making and cutting a different road,” Mr Roberts told The Tribune “You know coming out of the Kemp Road area it was so easy to fall prey to what you know and what you see modelled before you and to have the strength and the fortitude to say no, I’m not going to follow this road, I have a different plan, I’m going to take a different path in the face of what Iknow would’ve been peer pressure… it speaks to the strength and the character of him as an individual.”

This incident sparked reaction from politicians and Bahamians alike. Prime Minister Philip “Brave” Davis described the murder as “truly unbearable” and Official Opposition leader Michael Pintard said there needed to be an end to “senseless bloodshed.”National Security Min ister Wayne Munroe also warned the public to stay away from speculation and rumours as police would investigate and find out what led to the murder. On Tuesday, the partially decomposed body of Davis was found in a garbage bag inside the trunk of a vehi cle along with a large knife, near the Centreville Food Market.Thebody was identified as that of 21-year-old Omar Davis,PoliceJr. Chief Superin tendent Michael Johnson said it appeared that the body was in the early stages of decomposition and could have been inside the vehicle for about 24 hours. Police said five males between the ages of 20 and 56 were in custody assisting police with their investigations.Davis’mother, Gia Whymns, said her son’s funeral will be at Pilgrim Baptist Church on Septem ber 10, followed by a burial on the same Commissionerday. Fer nander said in advance of a person being charged for Davis’ death next week, police will be conducting a press conference on Friday to give an update on the investigation.

SECOND CHANCE FOR YOUNG

THE TRIBUNE Friday, August 19, 2022, PAGE 3

killer’knew‘Omar

“They were very pleased as to where we were at with respect to the case,” he said. Speaking about the wave of rumours and specula tion circulating on social media about the incident, the Commissioner said: “Social media is the devil. We don’t investigate in the media, we deal with facts andDespiteevidence.”this, Mr Fer nander thanked the public for their continued support as police conducted their work.On Tuesday, Davis’ mother, Gia Whymns, said she was struggling to come to terms with her son’s death and revealed that leading up to his death Davis was badly beaten.

Mr Roberts recalled that recently Davis attended church and was called to the pulpit. “A few Sundays ago, when he got in town, he went to church. Pastor called him up to the pulpit. Pastor said to him we took care of you. We poured into you. Now you gotta make this money so you can take care of us and he promised. He said yes pastor I’ll do that.“So, the congregation knew him and they cel ebrated him, and so this news hit us like a brick wall yesterday. Nobody is under standing this. I can’t swear for anyone, but there is nothing in this young man’s life that would’ve suggested in any way that this would be his end – not like this. “We’re all trying and I’m encouraging them not to speculate because it doesn’t do anything for your psyche and your emotion because your mind could run from one place to the other, but it’s difficult not to put your self in that place like ‘What happened’ because there was nothing about Omar that would say he would be killed in this manner and dumped. This is so baf fling,” Mr Roberts said. National Security Minis ter Wayne Munroe urged the public to be careful with “what they run on with” regarding the matter.

By LETRE SWEETING

By EARYEL BOWLEG Tribune Staff Reporter ebowleg@tribunemedia.net

THE SCENE where Omar Davis Jr’s body was found on Tuesday. Photo: Moise Amisial ABOVE and below, the reaction at the scene after Omar Davis Jr was found dead. Photos: Earyel Bowleg/Tribune Staff from page one

CHURCH ‘TOTALLY SHOCKED’ BY OMAR’S DEATH

STUDENTS of the Royal Bahamas Police Force’s Second Chance Pro gramme gathered at police headquarters where they were told they would each receive tablets and other gifts for their efforts in the initiative.Morethan ten students between 13 to 16-yearsold from various public schools were present for the announcement yesterday. However, the Commis sioner decided to postpone the presentation to Monday to allow parents of the par ticipants to attend. He told the students that he took pride in their commitment to stay out of trouble, as required by the programme.Assistant Superintendent of Police Chasewell Hanna said rather than charging the students with criminal offences following various school incidents, the police engaged them positively in the youth programme. “We did a positive youth engagement pro gramme with these kids rather than charging them with a criminal offence,” he said. “We brought them to the station and they had to do certain things at the station and they cannot get into any more trouble and if they hold up their end of the bargain, we will give them a second chance and decide not to charge them with that criminal offence. “These are some of the participants and all of them have successfully kept out of trouble and we have con tinued to engage them over the summer with a number of activities,” Sergeant HannaAldeniasaid. LaFleur, one of the students of the pro gramme, thanked the police commissioner on behalf of all of the students who participated.“I’dliketo thank you for taking time out of your busy schedule,” she said. “Thank you for thinking about us. You didn’t have to give us tablets, but you did and some of us really need tab lets. I just want to say thank you,” Ms LaFleur said. The Second Chance pro gramme was launched at the Police’s South Central Division following the cir culation of videos on social media with students fight ing and stabbing incidents earlier this year at AF Adderley School and Gov ernment High School.

will at that time be required to produce an EIA against Terms of Reference issued by the Department of Envi ronmental Planning and Protection (DEPP). Upon completion of the EIA and the required public review process, the BNT Scientific Team will review and offer professional commentary.” BNT also addressed social media speculations regarding a board member having business ties to the proposed project. “We acknowledge that there is a member of BNT Council affiliated with the proposed project; and we state for the public record that in accordance with BNT good governance poli cies and procedures, that member of Council has for mally declared their interest in the project to the BNT council president. Accord ingly, the individual has recused themselves from all BNT discussions regarding the proposed project,” the organisation said in a press release yesterday.

from

THE Immigration Department said 46 migrants were turned over to the Enforcement Unit of the Grand Bahama dis trict from the United States Coast Guard Cutter Paul Clark.The group was found in waters near Anguilla Cay on Friday, August 12. The group consisted of 31 Cubans. Twenty-one were men, six were women and four were children. There were also two men and two women from Jamaica.Additionally, seven Hai tians - three men and four women; three Chinese men; and one Brazilian woman were among the group.In keeping with the Department and the Ministry of Health’s COVID-19 guidelines, all migrants were examined, tested and subsequently transported to the Car michael Road Detention Centre on Friday for fur ther processing and to await repatriation to their homeland; all safety proto cols were strictly observed during transport and handover.

SUPPORT FOR DEFENCE FORCE OFFICER’S HEALTH FIGHT

BNT says no to Andros mining

PAGE 4, Friday, August 19, 2022 THE TRIBUNE BNT emphasised the importance of projects intended to build and sus tain the Bahamian economy being developed responsi bly across the Bahamas, but particularly in proximity to national parks and marine protected areas. “The BNT understands the importance of both for eign direct and Bahamian capital investment in pro jects intended to build and sustain the Bahamian econ omy. At the same time, we all agree that projects need to be developed responsi bly across the Bahamas, but particularly in proximity to National Parks and Marine Protected Areas,” the organisation said in an offi cial press release yesterday. As an organisation that is guided by balance and scientific research, BNT expressed awareness of the general ecological sensitiv ity of North Andros. “The Joulter Cays National Park, while out side the area of impact for the proposed project, is the closest protected area to the proposed project site. Our review of the Environ mental Impact Assessment (EIA), once completed, would pay particular atten tion to any activities that may even residually impact this pristine national park.”The BNT said it has several government rep resentatives on its council, some from agencies that review and regulate such projects.“We will respect and await the due process and offer advancesregulations,governmentInvestmentbygivenpany’sBahamasfaratofficiallycomment/objectiontothegovernmenttheappropriatetime.Asasweareaware,TheMaterialsComprojecthasnotbeenformalconsiderationthegovernment.“AspertheBahamasAuthorityandenvironmentalifthecompanytothatstage,it

46 MIGRANTS APPREHENDED page one A CHEQUE is presented to Deann Parker-Davis. Photo: Rodman Forbes

By FELICITY DARVILLE

ROYAL Bahamas Defence Force Officer Deann Parker-Davis has received an outpouring of love and support recently as she continues her battle for health.Mrs Parker-Davis is a cancer survivor and currently undergoing inves tigations with respect to the health of her kidneys. The Parker family hails from the island of Abaco, and has had its share of medical challenges in recent years, with several family mem bers facing their battles. Four siblings who were diagnosed with cancer and one of the brothers passed away during the height of the COVID-19 pandemic. The Parkers are industrious Bahamians with strong spir itual values. They continue to make positive and sig nificant contributions to the society with government and in the clergy as well as entrepreneurs.MarlinAward winner Allison Marette Rolle became aware of Mrs Parker-Davis’ immediate needs because her sister, Sherlene Parker-Smith, is a member of the support team for AMR Music Min istry, the administrative arm of Allison’s music ministry. “In April, I was deeply impressed that something needed to be done to assist this family given the sur mounting medical bills,” Mrs Rolle said. “By God’s grace, my husband Roger and I ral lied the AMR team and the Eterna Pages Prayer Team to begin plans for an extraordinary Souse-Out. I say extraordinary because, while souse-outs are not my specialty, I am an event planner and I knew that this was an assignment that God had placed on my heart. God gave us a strategy and the team ran with it. We hosted a super successful event at the Living Faith Seventh-day Adventist Church on July 3, “We2022.” are grateful to Global 99.5 FM and Ms Michelle Whyte for assist ing us in sensitising the public to this event and allowing us complimentary air-time on two occasions. There were a number of businesses that contributed with products and services which alleviated the greater portion of our expense. We wish to thank the Royal Bahamas Defence Force and Murray’s Souse House for the role they played in food preparation and ticket purchases. Other supporting Agencies were Commonwealth Brew ery, Xtra Value/Budget, Sunisles Watch & Clock, Mekkadish Ministries International, South Baha mas Conference, Adventist Book Centre, Peniel Wor ship Centre, Milo Butler & Sons, D’Albenas Agency, Variety Disposables, BAIC, Bahamas Retina & Eye Care, Lil General, Bahama Blue, Aquapure, Better Living, Healthy Lifestyle And Deli, Johnson’s Meals On Wheels, Frank Hanna, Caribbean Bottling Co., Asa H. Pritchard. Dorsett Tees generously printed our Ministry Shirts. There are a number of other donors and we are unable to list all of them, but we are no less grateful for their contribu tions. We thank everyone who put their hand to the tasks to make a difference in the life of the Parker Family!”AMR and Eternal Pages Ministries believe in put ting feet to their faith and making a tangible differ ence in the lives of others, living as their brothers’ and sisters’Otherkeepers.efforts are ongoing on behalf of Ms ParkerDavis and the cheque presentation was made on Sunday, August 14, at the site of the event. There are bills in excess of $50,000 which are due at this time and corporate Bahamas and members of the com munity are encouraged to support this family. “The Parker family work together as a team and I have great admiration for their spirit of unity and ongoing support for others in need,” Mrs Rolle said.

GRAND Bahama Cham ber of Commerce president James Carey hopes that the island will experi ence an economic boost on the ground this week as hundreds of athletes and visitors pour in for the NACAC Championships. He said the injection of money into the local economy is “critical” to businesses on the ground. “The influx of persons coming here will bring some excitement to GB and would certainly put some money on the ground, which is exactly what we need.“It would be an injection for a few days, and that is critical to businesses on the ground. And, hopefully, we will show them the type of service that we are capable of.“Grand Bahama has been criticised about the level of service in the past. This is the right moment to show that we have taken our licks and we are back,” the Chamber president said. About 400 athletes will be competing in the fourth edi tion of the North American, Central American, and Car ibbean Championships at the Grand Bahama Sports Complex from August 19 to 21. It is the first time that an international sporting event of this magnitude is being hosted in Grand Bahama. Grand Bahamian Peter Adderley, president of Creative Works, believes that such an event puts the island on “the world stage”. “The major NACAC track and field event in Grand Bahama this weekend is a magnificent achievement for the Baha mas and Grand Bahama Island in particular. “This places our island on the world stage and strengthens our profile as a choice sporting destina tion,” he said. Mr Adderley, a former high school track cham pion, said top athletes in the world will be here with officials, coaches, family members, friends, and avid fans.He stressed that it is important for Grand Baha mians to support this event. “There are economic and exciting implications,” he said. “It is important that Grand Bahama residents purchase tickets and show up big “Thistime.isour moment to shine Grand Bahama,” he said. “No island with our tiny population can boast of the collegiate, Olympic, and world champions we have produced.”MrAdderley said GB must ensure that this is the best NACAC event ever. Youth, Sports and Cul ture Minister Mario Bowleg had said the Davis Admin istration wanted to move away from having major events being Nassau-cen tric. He said the decision was taken to spread out the sports and entertainment activities on various islands. “Grand Bahama is the second city. We would like to get them back to the magic city and bring the grand back to Grand Bahama,” he said.

THE TRIBUNE Friday, August 19, 2022, PAGE 5

Three years and still no proper airport

“The previous owners have decided not to rebuild, and the government has taken possession of it. I understand it needs proper (due) diligence, but the pro cess needs to be speeded up. It is going to take a con siderable amount of time to build and outfit and have a proper airport facility. Time is just running, unfor tunately, and not a lot has been said definitively about what is going to happen.”

The event has attracted 400 world athletes, among others, to Freeport. Mr Carey noted that having a proper airport is crucial to the survival of Grand Bahama. “It will be September 1 all over again, and the airport is a critical gateway to any community, particularly the GB community. It is hard to imagine we have subsisted for these last three years without a proper airport,” he said.

HOPES GBBOOSTECONOMICFORFROMEVENT By DENISE MAYCOCK Tribune Freeport Reporter dmaycock@tribunemedia.net from page one ATHLETES arriving in Grand Bahama this week. Photos: Denise Maycock/Tribune Staff

“We are hearing about the possibility of a public private partnership, the managers - but that is nothing substantial and concrete. As it stands, we are not aware of any devel opments per se in that area. So, we need some infor mation, and it needs to happen.”Concerning the Grand Lucayan Resort, Mr Carey said nothing substantial has happened.“Grand Bahama, we are renowned for promises. We are a very promising place. The hotel - that has been going on for some time. The Christie administration was trying to offload it, and then the Minnis administration was trying to offload it, and now we are at the Davis administration.“Therearesome defini tive things said, but that seems to be very quiet right now. There is an exten sion of the due diligence period and there has been some indication that there are persons on the ground looking at all of this. But again, we need to see some substantial things happen ing. More needs to be said for the community,” he said.Electr America Hospital ity Group entered into an agreement with Lucayan Renewal Holdings to buy the resort for $100m. The group planned to undertake $300m in renova tions to new-and-improved Grand Lucayan, which will be transformed into an environmentally sus tainable luxury hotel with approximately 200 rooms and 24 villas; an upscale convention-style hotel with more than 500 rooms that will cater to meet ings, groups, and incentive travellers; as well as a fam ily-friendly resort. Mr Carey said the Carnival cruise port is an exciting“Theyproject.willstart to dredge and build out of the pier. So, it will make a difference once it gets going. It is hard to predict how much of the work will go to local con tractors, but I am sure there will be the employment of persons to assist and that is a positive thing,” he added. In May, Carnival broke ground on 300 acres of land at Sharp Rock, East Grand Bahama, for the construc tion of a $200m mega cruise port. It is expected to be completed, in late 2024.

Be relentless not just in words, but in actions

ANDREW ALLEN AugustNassau, 16, 2022 Don’t listen to Chamber PICTURE OF THE DAY

THE murder of Omar Davis Jr has rightly appalled the nation. He was a young man with a bright future. A star student, who looked to have the world ahead of him. The tears and shock at the scene have been reflected around the nation as people reflected on a shining light snuffed out too soon. Political leaders joined in the com mentary, with Prime Minister Philip “Brave” Davis saying the death was “truly unbearable”, and Opposition leader Michael Pintard saying: “We must all collectively continue to call for and demand that the senseless blood shed and human carnage cease on our streets.”TheFNM have also been out on the streets in walkabouts to press for an end to violence, while Mr Davis said: “We must be relentless. One way to honour the memory of those whom we have lost is to work harder and harder to turn the tide to create hope and healing to pre vent future tragedies.” We agree. But that must mean more than words. In April this year, questions were raised, for example, about the appoint ment of former Senator Rodney Moncur as a “violence interrupter” in the Min istry of National Security. Mr Davis defended the appointment, calling him “the salt of the earth” and saying: “He understands and he interacts with per sons on the streets and we feel that he is a fine person having had that voice out there to be able to assist in deescalating matters on the street with his voice and being amongst them. He lives amongst them and he is with them.” National Security Minister Wayne Munroe also spoke out, saying: “He is appointed as an independent contrac tor and since nobody has sight of his contract I don’t know how you criti cise something that you don’t know the detailsThoseof.”details were not published for the public to share. However, this week, Pastor Carlos Reid, another consultant to the minis try, said that the “violence interrupter” initiative has not yet started, despite 87 murders this year, the latest being that of Omar Davis Jr. He said: “I believe that if we could get all those components where we get swift justice moving, we get violence inter rupters moving, and our intervention and prevention programmes, if we got all of these programmes, these initia tives working simultaneously, I believe that we could see a reduction in the number of murders that we are seeing in ourThatstreets.”means it has been some months since contracts were given and the pro gramme has not yet even started – that is very far from being “relentless”, it wouldEveryseem.single one of those murders is a tragedy we would wish to prevent. Every one leaves behind families who are grieving. Some, such as those said to be a result of gangland turf wars, are part of the cascade of violence that leads to another murder, and another. When we say we must be relentless, it must not just be words. If this violence interrupter scheme is thought to be part of the solution, how many murders must we wait for before it is introduced? We hope it does prove to be a success. We hope every measure that is intro duced helps to reduce levels of violence that are far too high. But we are long past the point where words are enough. We need action. For Omar’s sake, and for the sake of every victim – and for the sake of those whose lives might yet be saved. Path to success If you turn to Diane Phillips’ column today on page nine, you can read about a very welcome effort to give young boys and girls a pathway to potential success on the track. A karting competition may not seem a likely way to go on to fame and fortune, but it is the same path a young Lewis Hamilton set out upon as a child, going on to become a Formula 1 champion and global icon. The finals, held tomorrow, will give young people from The Bahamas that encouragement – and who knows what the future might bring. Well done to all involved.

madePromises&kept LETTERS letters@tribunemedia.net

The Tribune Limited NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI “Being Bound to Swear to The Dogmas of No Master” LEON E. H. DUPUCH, Publisher/Editor 1903-1914 SIR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G., (Hon.) LL.D., D.Litt . Publisher/Editor 1919-1972 Contributing Editor 1972-1991 EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B. Publisher/Editor 1972Published daily Monday to Friday Shirley & Deveaux Streets, Nassau, Bahamas N3207 TELEPHONES News & General Information (242) 322-1986 Advertising Manager (242) 502-2394 Circulation Department (242) 502-2386 Nassau fax (242) 328-2398 Freeport, Grand Bahama (242)-352-6608 Freeport fax (242) 352-9348 WEBSITE, TWITTER & FACEBOOK www.tribune242.com @tribune242 tribune news network PAGE 6, Friday, August 19, 2022 THE TRIBUNE

JUNKANOO dancers at the closing ceremony of the regional Caribbean heads of government meet ing this week.

EDITOR, The Tribune. IT IS a common expecta tion here in The Bahamas and I am sure almost all around the world, that voters are accustomed to politicians and their allies making big and bold prom ises to them about high browed plans to make their lives better while encour aging the economic and societal advancements of the nation, once elected. This is a sad refrain that has played out in our wonderful nation for successive dec ades ad nauseum. We have had five Prime Ministers since Independ ence in 1973. The greatest one, so far, in my opinion, bar none, would have been the late great and deeply lamented, Sir Lynden Oscar Pindling. The man was a visionary and had a messi anic personality and traits. He knew almost instinc tively what he wanted to bring about for all Bahamians.Hesurrounded him self with a group of men and women who, initially, seemed to share in his vision and who worked locked step with him to bring it about. Unkind persons viewed him with suspicion and suspected that he had dictatorial ambitions. Well do I recall way back in the 1980’s when Pindling proposed a National Youth Service. His political opponents dismissed this suggestion out of hand and accused him of seeking to estab lish his own private army. He was laughed to scorn and demonized to the full est extent. This idea was shelved and most of us have lived long enough to actu ally watch and witness the development and growth of the ‘armies’ of the gangs. These so-called ‘armies of the gangs’ have now mor phed into the fabled Hydra or seven-headed monsters and are wreaking havoc and mayhem throughout the nation we love so much. The other three Prime Ministers, God bless them collectively, would also have made multiple promises while seeking to achieve and secure politi cal power. Ingraham was a workaholic. Christie was a pure show boater. He made promises that he must have known that could not be fulfilled in this lifetime. Minnis was a literal wreck ing ball and purveyor of doom and gloom even before the antics, in my view, of the final days of his ill-fated interregnum. He was merely hold ing the seat of PM warm pending the inevitable ascendency of the Hon Philip ‘Brave’ Davis, QC, MP. After Brave would have solidified his unchal lenged leadership of the New PLP, following Christie’s unceremonious rejection by the electorate in 2017, he swiftly laid out a plan of action and agita tion which brought about the calculated demise of the now rump FNM and its then maximum leader. Brave, like all contend ers before him, made numerous promises on the campaign trail. Unlike the bulk of them, he has, so far, kept close to 90% of what he committed to. He told and promised us that his incoming administration would stop, review and cancel the ‘bad deal’ with the Grand Lucayan Hotel over in Freeport. The FNM and Minnis spent countless of millions of dollars pur chasing the biggest white elephant ever seen in The Bahamas.Minnis and his people then acquired a badly dilapidated and run down so-called airport that looked like a war zone for millions more. To this very date few, if anyone, knows what Minnis and his people spent and ‘wasted’ on these boneheaded schemes. We do know, however, that they made an absolute mess of both acquisitions. Brave had promised to fix both of them and he is now doing so. The so-called con tract to sell the hotel has been brought to an abrupt end. The airport is cur rently being marketed by the Davis administration to attract serious and deep pocketed partners from within the private sector. Promises made promises kept.Brave had also assured the people that once he and the New PLP were elected that they would review the data and statistics relative to the gradual reopening of the economy and our borders. Within weeks of coming to office they have fulfilled these promises. The national economy is now booming to the extent where in certain sectors there are skilled labour shortages. Most able-bod ied Bahamians, even in challenged Grand Bahama are able to secure a least one job while in some islands, like Abaco and Exuma, unemployment, is said to be in the single digits. Promises made –promises kept. With the reopening of the nation, we have yet to see or feel the doom and gloom aspects of the dire predictions made by Minnis and assorted FNM Ministers of Health. Minister Renward Wells loves to preach and teach about ‘herd immunity’. He was rejected , whole sale, along with almost all of his then colleagues in the House of Assembly. Dr Duane Sands, whom Minnis got rid of as Min ister of Health, was badly defeated and mauled in his ‘favored’ Lizzie. He is now National Chairman of the FNM, with no apparent shame.Since the border restric tions were removed by the Davis administration, mul tiple millions of tourists have visited The Bahamas and I submit that there are millions more just across the bar panting to travel here. Hotels are packed to the brim. Passenger loads on aircraft carriers ser vicing The Bahamas are filled to capacity. All of our major airports are bustling and ticking like clockwork. Major airlines like Sun Wing and American Air lines are now back or soon will be in Bahamian skies. Promises made promises kept.Food stores while still challenged with availabil ity and selectivity of some major favorite brands, are well stocked and prices, surprising, on some items have dropped dramatically, especially within the Super Value and Quality Food Stores. A big thanks to Mr Rupert Roberts and his beloved daughter, Mrs Candy Roberts-Kelly, Managing Director with distinction. Promises made promises kept. In opposition, the now PM and his team exe cuted a Memorandum of Understanding with several umbrella trade unions and their affili ates. Brave promised them that their mutual interest would be better served if all relevant parties were onboard, jointly, for nation building. He promised har monious negotiations on critical labour issues. Now, we just witnessed an historic industrial agreement being executed between the Davis admin istration and an educator’s union that evolved out of the Bahamas Union of Teachers with gener ous benefits and salaries. Promises made promises kept.While Belinda Wilson and Kemsly Ferguson (of another so-called umbrella union) are hosting wild cat walk outs and withdrawal of labour, (despite pending legal matters) are breath ing fire and brimstone, The Bahamas Nurses Union led by a very able President also just executed a long elusive three year contract, with generous benefits and perks. Minnis is a medi cal doctor so one would have assumed that he ‘felt’ the frustration, pain and suffering of our hardworking nurses within the profession.Minniswas wont to talk down to them like little children. Brave came into office promising a better relationship. Promises made promises kept. Both of the above unions are affiliated with Mr Obie Ferguson’s Trade Union Congress, within less than a year into the Davis admin istration. While others, who should know better, are jumping up and down like Jack-In-the Box and making unacceptable and blatantly unnecessary threats.Obie is brought home, literally, the bacon and beef sausage for his affili ates. Messrs Wilson and her affiliated teams did not sign off on the Memorandum and, in fact, vehemently denounced and derided it! Now, they are, for the time being, on the outside look ing in; fuming and beating their cardboard chests? Promises made promises kept.What Brave and his administration have accom plished in a few short months, Ingraham; Christie and Minnis found it difficult to bring about in all of the collective years that they would have been keeping the seat of prime minister warm for Brave, the peo ple’s champion. More promises made are about to be fulfilled before the end of this blessed and produc tive month of August, The Lord Jesus Christ willing. Promises made promises kept. Thank you, Prime Minister. ORTLAND H BODIE, Jr AugustNassau, 14, 2022.

Protecting the inter ests of presently dominant businesses is not the gov ernment’s job and it does not help the general busi ness environment. What will help it most at this time is increasing the share of national income that ends up in the hands of those who spend the most. Of course, this will mean a higher proportion of corporate income goes to labour and less to corporate profits. It will also mean that the most stubbornly regressive business owners will go out of business, making way for more com petition for the increased consumer dollars. The chamber of com merce and its membership did not elect you, Prime Minister, and they never will. Only by continuing with your admirable and smart bias toward labour will you ensure both a growing economy and a continuation of progressive government after the next election.

EDITOR, The Tribune. KHRYSTLE Ruther ford-Ferguson and her colleagues at the Bahamas Chamber of Commerce can perhaps be excused for pretending to believe that minimum wage rises in The Bahamas are an inflationary, rather than anti-inflationary measure. After all, they are selfevidently an interest group looking to secure their own narrow interests, rather than the general welfare of TheButBahamas.government would be extremely ill-advised to give their views on this matter any merit whatsoever. Every study in the Com monwealth Caribbean has demonstrated a direct and causal relationship between minimum wage rises and growth in the domes tic economy (even in the immediate term). None has vindicated the view that minimum wage rises contribute to broad price inflation.Rather, wage hikes offset the effects of exter nally driven inflation by boosting the disposable income that it would oth erwise erode. In The Bahamas, this historical reality has been unmistakable. The two most dramatic and sus tained periods of economic growth in the 20th Century followed the (forced) pay rises resulting from the Burma Road Riot and the 1958 general strike. Growth in the domestic Bahamian economy does not precede increased ben efits to workers. It follows from them. Government will wait indefinitely for the supposed “right time” to raise wages if it is taken in by the blatant lie that the reverse is true. The FNM/UBP histori cally entertained such views precisely because they rep resented the established business class and sought to entrench its interests via regressive tax and wage policies. But it is worth noting that even the funders of these regressive political movements ultimately ben efited from the economic growth resulting from the wage increases that they fought tooth and nail to prevent and delay.

A MAN was granted $2,000 bail in a Magis trate’s Court yesterday after being charged with attack ing a bar patron with a hammer.Idi-Emin Douglas, 44, represented by Attorney Maria Daxon, faced Mag istrate Kara Turnquest-Deveaux on charges of assault with a dangerous instrument and causing harm. On August 10 at the Two Thumbs Up Restaurant and Bar located at Buttonwood Avenue, Douglas is accused of assaulting and causing harm with a hammer to Dashelle Seymour. In court the accused pleaded not guilty to the charges. As there were no objections, Douglas was granted $2,000 bail with one surety.Trial is set for September 12.

TWO MEN FACE COURT IN FIREARM POSSESSION CASES

By PAVEL BAILEY Tribune Court Reporter pbailey@tribunemedia.net

By PAVEL BAILEY Tribune Court Reporter pbailey@tribunemedia.net

By PAVEL BAILEY Tribune Court Reporter pbailey@tribunemedia.net

SUSPECT DENIES HAMMER ATTACK ON BAR PATRON

BAIL GRANTED IN HARM CASE

TWO men were charged in a Magis trate’s Court yesterday with separate firearm and ammunition complaints. Jhvon Brown, 23, faced Acting Chief Magis trate Subusola Swain on charges of possession of an unlicensed firearm and ammunition.OnAugust 17 in New Providence, Brown was reportedly found by authorities with a black and silver 9mm SCCY pistol with the serial number erased. At the time of his arrest the accused was also said to have five unfired rounds of 9mmAfterammunition.electingto continue his matter in Magistrate’s Court, Brown pleaded not guilty to the charges. As there was no objec tion from the prosecution, $7,000 bail was granted to the accused with one surety. Brown’s trial is set for September 30. The second man, Leshon Rolle, 29, went before Senior Magistrate Derence A Rolle Davis on charges of possession of an unli censed firearm, possession of ammunition and posses sion of a firearm with intent to endanger life. On August 12 in Exuma, Rolle is said to have been in possession of a pistol with the serial number TL066162 and ten unfired 9mm bul lets. On the same day Rolle is accused of endangering the life of Brittany Thomp son with the handgun. In court, Rolle was not required to enter a plea as he was informed that his case would proceed by way of a Voluntary Bill of Indictment (VBI}. As Rolle’s case will be heard before the Supreme Court, he was told by the Magistrate that he must apply to that court for bail. Until bail is granted, Rolle will be remanded to the Bahamas Department of Correctional Services. Rolle is expected to be served his VBI on October 11.

THE TRIBUNE Friday, August 19, 2022, PAGE 7

SIX Jamaicans were sentenced to two and a half years in prison in a Magistrate’s Court yesterday after admitting to having a drug farm in Andros with marijuana plants worth $2.5m. Leroy Douglas, 52, Wal ford Reid, 56, Jermaine Jones, 39, Devon Simpson, 44, Bruce Palmer, 42 and Everton Palmer, 44, all from Jamaica faced Mag istrate Samuel McKinney on four drugThesecharges.include conspiracy to possess dangerous drugs with intent to supply, possession of dangerous drugs with intent to supply, cultivation of dangerous drugs and a charge of simple pos session of dangerous drugs. At around 4.30pm on August 14, officers from the Drug Enforcement Unit, the Crimi nal Investigations Department and local Andros police acting on information arrested the accused after they discovered four acres of marijuana fields in North Andros. According to police reports these drug farms had more than 25,000 Indian Hemp plants on them rang ing in height from one to eight feet. These drug fields have a collective estimated value of $2.5m.The suspects were fur ther charged with simple drug possession after a police search of their residence found an addi tional four grams of marijuana in two ziplock bags hidden in a dresser.Incourt, all six accused pleaded guilty to all charges against them. It was then revealed by Prosecutor Inspec tor Timothy Bain that when police, acting on a search war rant, went to Douglas’ residence, he immediately admitted to the offence of cultivating marijuana. Douglas would further coop erate with police by willingly indicating where the four mari juana fields were located along a dirt track road. It was further stated that the six Jamaicans all came to the Bahamas for construction work and that they all turned to weed farming to provide for their respective families when their nobs fell through. Douglas indi cated that he first arrived in the country in May. None of the accused has any prior convictions in this jurisdiction. All six accused apologised for their actions and asked for the court’s mercy to spare their families.While Magistrate McKinney acknowledged that the accused only came to the country in search of employment to pro vide for their loved ones he still admonished them for turning to crime when their jobs didn’t pan out. In taking into consideration their early plea of guilt to spare the court’s time, the magistrate sentenced each to a concurrent two and a half years at the Baha mas Department of Correctional Services (BDCS) for the con spiracy, cultivation and possession with intent to supply charges. Additionally the six men were ordered to pay a $7,500 fine for the conspiracy charge or risk an additional six months at BDCS. The accused further faced a $250 fine or one additional month in custody for the simple possession charge.Before being taken into cus tody, the accused were informed of their right to appeal the court’s sentencing within seven days.

By PAVEL BAILEY Tribune Court Reporter pbailey@tribunemedia.net

A MAN was granted $3,000 bail in a Magistrate’s Court yesterday after being accused of causing harm to anotherPedroman.Gibson, 47, represented by Attor ney Mark Rolle, appeared before Acting Chief Magistrate Subu sola Swain on a charge of causing harm. On June 27 at Alexan dria Boulevard, Gibson is accused of causing harm to Ronaldo Williams. In court, the accused pleaded not guilty to the charge. As the prosecution had no objection to bail the accused was granted $3,000 bail with one surety. Gibson is expected to return to court for his trial on September 23.

Six Jamaicans jailed over marijuana farm

come,“Come,look, you won’t believe this!” he shouted above the roar of the engines. “We have so much talent here. The next Lewis Hamilton could be right here. I can’t believe what I am seeing in these kids.” (If you doubt Henry, watch the future of Formula 1. He’s picked George Rus sell to succeed Hamilton with Lando Norris close behind and he did it before anyone else). Back to Nassau. “You can’t teach what some of these kids have,” says McLaughlin. “You can teach them rules, you can teach them how to drive, what to watch out for, you can even teach them to increase focus which is really important but when it comes to what makes a champion, that has to be natural. It’s balance and focus and everything all put together and that’s something you are born with and we see it right here.”

PROPOSED racewear if The Bahamas goes to the Olympics of kart racing. Are you positivepreschoolDopositivepersonablearticulate,energetic,andarolemodel?youworkwellwithandprimaryagedchildren?Particularsare:40hourworkweek,workingenvironment,9weekspaidvacationperyear.Annualsalarycommensuratewitheducationandexperience.Entrylevel$14,300.00+ Classroom hrbahamas2014@gmail.comActivityAssistantsTeachingAndCoordinatorsNeededPleaseemailresume,referencesandcoverletterto:

Young kart racers hoping to be the next Lewis Hamilton

There is something else, he said, and two-time Olympic Gold Medalist track star Pauline Davis drilled it into them when she stopped by to see the extraordinary talent for herself this week. “No matter where you come from, like me, I came from Bain Town. “No matter where you come from, you gotta believe in yourself. It’s never where you start. It’s always how you finish the race. Believe, believe, believe in yourself.”Tomorrow morning, August 20, are the finals, a competition in which every one wins and one, possibly two or more may just get to wear the Bahamian col ours in Marseille if enough money is raised and another Lewis Hamilton emerges from the least likely sur roundings, a lonely stretch of tarmac blocked from view by a long concrete wall.

OUT on a lonely stretch of tarmac hidden from view by a long concrete barrier that runs for blocks with no real apparent purpose is a Bahamian boy or a girl with a dream – to become the next Lewis Hamilton,Hamilton.foranyone who does not follow motor sport but believes in dreams, is the first black driver to hold the title of reigning champion of the world’s fastest race cars, Formula 1. Britishborn and now knighted by the Queen, he was so poor as a child his father worked four jobs to support his son’s love of karting and later race cars. Hamilton was 10 when he won his first kart race. Today at 37, he’s won the world title in Formula 1 racing seven times. It’s the vision of Hamil ton that fuels the dream on this steamy hot afternoon at this strip of roadway-turnedrace track in Oakes Field. Here, for the last two weeks, nearly 20 juniors ages 11-14 have been eagerly lis tening to safety instructions and devouring tips from the pros before suiting up in fire-resistant gear from head to Onetoe. at a time, taking their turn getting ready for the run where the stopwatch monitors every split second, they lower themselves into one of two new sparkling bright red and black karts, strap themselves in, buckle up and then it’s pedal to the metal in the powerful speed machines.Theyshoot off on a course that takes them some 200 yards, around and back, and again, weaving in and around cones, obstacles forcing focus. It’s the same slalom course, or as close to it as they could get, as one, two or possibly up to five Baha mians might compete on if they make it to the Olympics of kart racing, part of the FIA Motor Sport Games in Marseille, France in late October.Allof this activity, this love, this chasing the Lewis Hamilton dream, is possible because of a combination of gener ous Bahamians and three ex-pats who, together, have given so much. It began when Bahamas Speed Week Revival came to Nassau and though Speed Week has not been held now for several years, karting stuck. There have been summer camps, edukarting at schools, and during Road Safety Week, opportunities for hundreds of Baha mians to climb into a kart-like simulator and experience the feel of speed and the virtual horror of crashing. For police who have seen too many mangled bodies, the contribu tions of virtual reality accident avoidance tactics are priceless. But karting was nearly brought to its knees when the old karts were tired and worn out, the pandemic struck and even though the sport teaches valuable life lessons, it somehow felt, like maybe it was not as impor tant as putting food on the table of those who were hungry.Yet, there were the believers who did not think one thing cancelled out another. Paolo Garzaroli, for instance, who with the family business of Graycliff, assisted Mario Carey in feed ing thousands through Pasta Fridays, devised an adopta-kart programme and ran it past friends. He adopted a kart. So did Mario. That’s where these two karts came from. They’ve signed up for 10, four are funded. Alan Burrows, Tropix Air Charters, flew them over without charge. Govern ment granted Customs duty waivers. The Royal Baha mas Police and Defense haveForcesprovided ongoing sup port in security and storage. The Bahamas Hot Rod Association shares the use of the course except on Sundays. The Ministry of Education and the Ministry of Transport have both pro vided assistance and space forFormeredu-karting.race car driver and now classic car event executive and FIA Direc tor for The Bahamas and Caribbean David McLaugh lin (Bahamas Speed Week Revival) pulled together a team. He paid for the gear the kids wear out of his own pocket.Henry and Cam, two Brits, give up their vacation time every year to come out and run the karting camp. Cam’s a delivery driver; Henry is a well-known kart racing and motor sports commentator.ItwasHenry who ran up to McLaughlin the other day, almost the end of this summer camp.

THE TRIBUNE Friday, August 19, 2022, PAGE 9

ABOVE, RIGHT AND BELOW RIGHT: At the race track in Oakes Field.LEWIS Hamilton. (Photo: Morio) TWO-TIME Olympic Gold medalist Pauline Davis before suiting up in a kart.

JUDGE

A JUDGE refused to grant bail yesterday to the man accused of trying to kill Salman Rushdie as the acclaimed author prepared to give a talk in western NewHadiYork.Matar, 24, appeared in a western New York courtroom after a grand jury indicted him on charges that he rushed the stage at the Chautauqua Institu tion and stabbed Rushdie multiple times in front of a horrifiedDressedcrowd.ina black and white jail uniform, Matar stayed quiet during the hearing while his lawyer unsuccessfully tried to per suade the judge that he should be released while he awaited trial. Public defender Nathaniel Barone said Matar had no criminal record and wouldn’t flee the country if released. Barone also asked the judge to do something to stop reporters from trying to contact Matar at the Chautauqua County jail. The lawyer said the jail had received “several hun dred phone calls” from people trying to reach Matar.Some of that media out reach resulted in Matar giving a brief interview to The New York Post, in which he talked about dis liking Rushdie and praised Iran’s late supreme leader, Grand Ayatollah Ruhollah Khomeini.

TRUMP Organization’s former Chief Financial Officer Allen Weisselberg, centre, leaves court yesterday in New York. Weisselberg pled guilty to tax violations in a deal that would require him to testify about business practices at the former president’s company.

Photo: John Minchillo/AP

Then-District Attorney Cyrus Vance Jr, who started the inves tigation, directed his deputies last year to present evidence to a grand jury and seek an indictment of Trump, according to former prosecutor Mark Pomerantz, who previously led the probe. But after Vance left office in January, his suc cessor, Bragg, allowed the grand jury to disband without charges. Both prosecutors are Democrats. Bragg has said the investigation is continuing.Prosecutors alleged that the com pany gave untaxed fringe benefits to senior executives, including Weis selberg, for 15 years. Weisselberg alone was accused of defrauding the federal government, state and city out of more than $900,000 in unpaid taxes and undeserved tax refunds. Trump, a Republican, has decried the New York investiga tions as a “political witch hunt” and has said his company’s actions were standard practice in the real estate business and in no way a crime. Last week, Trump sat for a deposition in New York Attorney General Letitia James’ parallel civil investigation into allegations that Trump’s company misled lend ers and tax authorities about asset values. Trump invoked his Fifth Amendment protection against selfincrimination more than 400 times. James, whose probe uncov ered the evidence that led to Weisselberg’s charges, said in a statement: “Let this guilty plea send a loud and clear message: we will crack down on anyone who steals from the public for personal gain because no one is above the law.”

Speaking softly and ten tatively when she first took the stand yesterday, Jane described her upbring ing in a musical family in a Chicago suburb, including that she was home-schooled because she was in a tour ing musical group that she joined when she was about 12.Jane first met Kelly in the late 1990s when she was in junior high school. She had tagged along to Kelly’s Chicago recording studio with her aunt, a profes sional singer who worked with Kelly. Soon after that meeting, Jane told her par ents that Kelly was going to be her Prosecutorsgodfather.have said Kelly shot the video of Jane in a log cabin-themed room at his North Side Chicago home between 1998 and 2000. In it, the girl is heard calling the man “daddy”. In the early 2000s, an aunt of Jane showed her parents a copy of a video she said depicted their daughter having sex with Kelly. When they con fronted Kelly, he told them, “You’re with me or against me,” a government filing says.The parents took it as a threat.Kelly, who rose from poverty on Chicago’s South Side to become a star singer, songwriter and pro ducer, knew a conviction in 2008 would effectively end his life as he knew it, and so prosecutors say he con spired to fix that trial. Kelly also faces four counts of enticement of minors for sex at the Chi cago trial — one each for four other accusers. They,

NEW AssociatedYORK

During opening state ments on Wednesday, prosecutor Jason Julien sought to prepare jurors for the testimony of accusers including Jane, reminding them that a core issue at trial remained the exploi tation of often scared and confused children — even though the accusers who would speak to jurors are now grown adults. Kelly’s lead attorney, meanwhile, implored jurors not to accept what she said was the prosecution’s por trayal of her client as “a monster,” explaining that because of intellectual chal lenges including illiteracy, Kelly was forced to rely on others as his career took off and was sometimes led astray by those close to him.

AssociatedCHICAGO

DENIES BAIL FOR RUSHDIE’S ATTACKER

SAUDI STUDENT JAILED FOR 34 FORYEARSTWEETS

WOMAN SAYS SHE WAS IN VIDEO WITH R KELLY IN TRIAL

PAGE 10, Friday, August 19, 2022 THE TRIBUNE

Press A TOP executive at former President Donald Trump’s family business pleaded guilty yesterday to evading taxes on a free apartment and other perks, striking a deal with prosecutors that could make him a star witness against the company at a trial this fall. Allen Weisselberg, a senior Trump Organization adviser and formerly the company’s longtime chief financial officer, pleaded guilty to all 15 of the charges he faced in the case. In a low, somewhat hoarse voice, Weisselberg admitted taking in over $1.7m worth of untaxed extras — including school tuition for his grandchildren, free rent for a Manhattan apartment and lease payments for a luxury car — and explicitly keeping some of the plums off the books. Judge Juan Manuel Merchan agreed to sentence the 75-year-old executive to five months in New York City’s Rikers Island jail com plex, although he will be eligible for release after little more than three months if he behaves behind bars. The judge said Weisselberg will have to pay nearly $2 million in taxes, penalties and interest and complete five years of probation. The plea bargain also requires Weisselberg to testify truthfully as a prosecution witness when the Trump Organization goes on trial in October on related charges. The company is accused of helping Weisselberg and other executives avoid income taxes by failing to report their full compensation accurately to the government. Trump himself is not charged in the case.Weisselberg will remain free on bail until he is formally sentenced following the company’s trial. He said nothing as he left court, offer ing no reply when a journalist asked whether he had any message for Trump. If Weisselberg fails to comply with the plea terms, pros ecutors said they would seek a “significant state prison sentence,” and Merchan warned that he could be subject to the maximum punish ment for the top charge — grand larceny — of 15 years. Weisselberg’s lawyer Nicholas Gravante Jr said his client pleaded guilty “to put an end to this case and the years-long legal and per sonal nightmares it has caused for him and his Manhattanfamily.”District Attorney Alvin Bragg said in a statement that Weisselberg’s plea “directly impli cates the Trump Organization in a wide range of criminal activity and requires Weisselberg to provide invaluable testimony in the upcom ing trial against the corporation”. “We look forward to proving our case in court against the Trump Organization,” he added. Testimony by Weisselberg could weaken the company’s defense. If convicted, the company could face fines of double the amount of unpaid taxes or potentially be placed on probation and forced to change its business practices. The company praised Weis selberg on Thursday as a trusted, honorable employee who it said has been “persecuted and threatened by law enforcement, particularly the Manhattan district attorney, in their never-ending, politically motivated quest to get President Trump.”Ina statement, the company accused prosecutors of trying to pressure Weisselberg to cast asper sions on Trump, and of stretching to make a criminal case out of familiar executive perks such as a company car. The company, which was not involved in Weisselberg’s guilty plea yesterday, said it has done nothing wrong, won’t plead guilty and looks forward “to having our day in Weisselberg,court”. seen as one of Trump’s most loyal business asso ciates, is the only person to face criminal charges so far in the Manhattan district attorney’s long-running investigation of the company. Weisselberg started working for the Trump Organiza tion in 1973, when it was run by Trump’s father, Fred. Following his July 2021 arrest, the company changed his title from CFO to senior adviser. The CFO position remainsWeisselbergvacant. agreed to plead guilty days after a court hearing where Merchan denied his request to dismiss the charges. The judge rejected the defense’s argument that the district attorney’s office was punishing Weisselberg because he wouldn’t offer information that would damage Trump. The district attorney has also been investigating whether Trump or his company lied to banks or the government about the value of its properties to obtain loans or reduce tax bills.

A SAUDI court has sentenced a doctoral stu dent to 34 years in prison for spreading “rumours” and retweeting dissi dents, according to court documents obtained Thursday, a decision that has drawn growing global condemnation.Activistsand lawyers con sider the sentence against Salma al-Shehab, a mother of two and a researcher at Leeds University in Brit ain, shocking even by Saudi standards of justice. So far unacknowledged by the kingdom, the ruling comes amid Crown Prince Mohammed bin Salman’s crackdown on dissent even as his rule granted women the right to drive and other new freedoms in the ultra conservative Islamic nation. Al-Shehab was detained during a family vacation on January 15, 2021, just days before she planned to return to the United Kingdom, according to the Freedom Initiative, a Wash ington-based human rights group.

Press A WOMAN who has been central to R Kelly’s legal troubles for more than two decades testified yes terday that the R&B singer sexually abused her “hun dreds” of times before she turned 18 and that it was her and Kelly in a vide otape that was at the heart of his 2008 child pornogra phy trial, at which he was acquitted.Jane— the pseudonym for the now 37-year-old woman as she testified — paused, tugged at a necklace and dabbed her eyes with a tissue as she said publicly for the first time that the girl in the video was her and that the man was Kelly. When the prosecutor asked how old she was at the time, she said quietly: “14”. Kelly, 55, would have been around 30 years old at theIntime.addition to charges of child pornography and enticement of minors, Kelly faces charges of conspir ing to rig that 2008 trial by intimidating and paying off the girl to ensure she didn’t testifySomethen.jurors who presided over that 2008 trial, which was on state charges, said that they had no choice but to acquit the R&B star because the girl — by then an adult — didn’t testify. On the stand Thursday, Jane conceded that she lied to a state grand jury in 2002 when she said that it was not her in the video. “I was afraid some thing bad would happen to Robert,” she told jurors about why she didn’t tell the truth then, referring to Kelly by his full first name. “I was protecting him.” She added there was another reason she lied about the identity of the person in the video. “I also did not want that person to be me,” she told jurors. “I wasDressedashamed.”ina white dress coat and removing a face mask before testifying, Jane remained on the witness stand for over four hours for the government. Kelly’s attorney was scheduled to get her chance to crossexamine Jane starting this morning.Aprosecutor asked Jane toward the end of the day why she decided in recent years to begin speak ing honestly about what happened with Kelly, who Jane said she continued to care for and sometimes live with into her 20s. “I became exhausted living with his lies,” she answered. She added that federal prosecutors assured her she would not be charged with lying to authorities if she testified truthfully at this trial. Earlier, Jane also became emotional when she was asked to explain why Kelly can be seen handing money to her in the video. She said it was a precaution against anyone accusing him of abusing a child if the video ever fell into the hands of authorities.“Ifanyone saw the tape ... he wanted it to appear as if I was a prostitute,” Jane said.She described her parents confronting Kelly in the early 2000s about whether he was having sex with their daughter. Kelly dropped to his knees and begged her parents to forgive him, Jane testified. She said she later implored her parents not to do anything to get Kelly in trouble, telling them she loved him. As she spoke, Kelly mostly stared down at the defence table and rarely looked up at her. She, too, rarely looked in his direction.Earlier, she testified that Kelly sexually abused her “hundreds” of times before she turned 18 years old, starting when she was 15. She said they were having oral sex in the video and that she was 14 at the time. Jane told jurors that in the late 1990s when she was 13, she asked the Grammy award-winning singer to be her godfather because she saw him as an inspiration andShementor.said within weeks, Kelly would call her and say sexual things. She told jurors she was 15 when they first had allyforyear30-yearYorkHundreds.”“Uncountableshesexhowmeanswered,whattorAskedintercourse.byaprosecuhowshewouldknowtodosexually,Jane“Hewouldtellwhattodo.”Askedmanytimestheyhadbeforesheturned18,answeredquietly:times.…AfederaljudgeinNewsentencedKellytoaprisonsentencethisforhis2021convictionusinghisfametosexuabusefans.

Trump executive pleads guilty and agrees to testify

ATHLETES work out at the Grand Bahama Sports Complex a day before the start of the North American, Central American and Carib bean (NACAC) Championships that is expected to feature more than 400 athletes from over 10 countries in the region, including the United States, Jamaica and Cuba. Photos: Vandyke Hepburn/BIS JONQUEL Jones (35) in action in Game 1 of a WNBA basketball first-round playoff series last night in Uncasville, Connecticut. (Photos: Sean D Elliot/The Day via AP)

By BRENT STUBBS Senior Sports Reporter bstubbs@tribunedia.net

Team Bahamas gets set to take on rest of world

AUGUST 19 1921 — Detroit’s Ty Cobb gets his 3,000th career hit at age 34, the youngest player to reach that1934plateau.—

TEAM SEEMOTORCADEBAHAMASpages12&13

Helen Hull Jacobs wins the women’s title in the US Lawn Tennis inwheninhistory.dayforFamerMile.ingracesaDraydenmetresecondandmedalunprecedentediningBolt-likeStatesJapan4x100Games,AtsecutivemedalswinningscoresHungarianvictoriesProst’sshipFormulamachertheknockedfightintoVinnieatMcNeeleyknockingstartsgart,championshipsWorldtivewinsCreek,championshipstrokesLannybeatsSwitzerland.ondswithrecordNehemiahchampionships.Association1981—Renaldosetstheworldinthe110hurdlesatimeof12.93secinameetatZurich,1984—LeeTrevinoGaryPlayerandWadkinsbyfourtotakethePGAatShoalAlabama.1993—SergeiBubkahisfourthconsecupolevaulttitleattheTrackandFieldatStuttGermany.1995—MikeTysonhiscomeback,outPeterin89secondsLasVegas.McNeeley’smanagerVecchionejumpstheringtostoptheafterhisboxerisdowntwiceinfirstround.2001—MichaelSchugetshisfourthOnechampionandmatchesAlainseriesrecordof51bywinningtheGrandPrix.2016—UsainBoltanothersweep,threegoldinhisthirdconOlympics.theRiodeJaneiroBoltturnsacloserelayraceagainstandtheUnitedintoatypical,runaway,helpJamaicacrosstheline37.27seconds.AllysonFelixwinsanfifthgoldinwomen’strackfield,runningthelegofthe4x100-relayteam.2018—JockeyVanDykewinsrecord-tyingsevenatDelMar,includthe$200,000DelMarHetiesHallofVictorEspinozamostwinsinasingleintheseasidetrack’sVanDyke’sonlylosseightmountscomeshefinishessecondthesixthrace.

While the lineup is expected to be a pretty good one for the women’s 100m hurdles, Greene said the goal is to get Charlton back on the podium and hopefully this time it will be on the top as the gold medallist.Although he only had a short time, Greene said he was also glad to give some pointers to Shakeem Smith, who will be repre senting the Bahamas in the men’s 400m hurdles at the championships.Smithisagraduate of the University of Texas at El Paso (UTEP) and is now venturing onto the pro circuit.

UNCASVILLE, Conn. (AP) — Jonquel Jones had 19 points and eight rebounds, Alyssa Thomas added 15 points, 10 rebounds and seven assists and the Connecticut Sun beat the Dallas Wings 93-68 last night in Game 1 of their first-roundThird-seededseries. Connecti cut pulled away in the third quarter, scoring 13 straight points to build a 64-45 lead. The sixth-seeded Wings went five-plus minutes without a field goal in the third quarter, and the Sun closed the frame on a 17-5 run for an 18-point lead. Game 2 of the best-ofthree series is Sunday in Uncasville.“We’vebeen working the entire season to be here, so we don’t want to squander this opportunity,” Jones said of the home-court advantage. “We got to come up with that right intensity.”

Dijonai Carrington added 13 points and DeWanna Bonner scored 10 points of her 12 points in the first half forDallasConnecticut.scoring leader Arike Ogunbowale sat out because of an abdominal injury. The Wings got a boost when Satou Sabally played in her first game since July 12. Sabally scored 10 points in the first half, including a half-court heave to beat the first-quarter buzzer, but she went score less after halftime. Allisha Gray led Dallas with 17 points. Tyasha Harris each added 13 points and Marina Mabrey had 11.

TODAY CAREERHISCOBBSPORTS:INTYGETS3,000THHIT

SPORTS PAGE 11 FRIDAY, AUGUST 19, 2022

Jonquel Jones scores 19 in opening win

Coach Lonnie Greene said although his first priority is on high hurdles national record holder Devynne Charlton, he is just delighted to be able to assist any Bahamian athlete who needs his help. Greene, the head coach at the University of Kentucky, is in Grand Bahama for the North American, Central American and Caribbean (NACAC) Championships that is featuring more than 400 athletes from over 10 countries in the region, including the United States, Jamaica and Cuba. Although he’s not a part of the Bahamian coaching staff, Greene said wher ever there is a need for his service, he is willing to assist Team Bahamas’ 11 women and 17 men who will compete in the NACAC Championships that will be held in memory of the late former graduatetonscheduleGreeneshipswouldannouncedisdollarsheadsandBouncingbebefromitintonormal,”GrandofateatoHurricaneComplex.thetodaytratorcoach/executive/adminisathlete/AnitaDohertyfromthroughSundayatGrandBahamaSports“AfterthedevastationofDorian,wehavedoeverythingwecanasnationtotryandgenercommerce,theinterestsportstourism,tohelpBahamagetbacktoGreenesaid.“Idon’tthinkpeopletakeconsiderationwhattakestobouncebackahurricane.Itcouldearthquakes,itcouldatornado,whatever.backisn’teasybeingabletogenerateinbedsandgettingintolocalcompaniesvital.”So,whenitwasthatNACACtakethechampiontoGrandBahama,peggeditonhisforhimandCharltoattend.Charlton,aassistantatthe University of Kentucky, opened the season by win ning the silver medal at the World Indoor Champion ships, placed seventh at the World Championships in Birmingham, England after her national record of 12.40 in the semifinals before she picked up another silver at the Commonwealth Games in Birmingham, England. “She’s having a phenom enal year,” Greene pointed out. “At the end of the day, her performances have all been legal. People could question windy perfor mances if they want to, but I always tell people, if the wind is at your back, you run faster, but the wheels still have to turn. “A person could run fast and break the world record in windy con ditions, but the wheel still has to turn for them to run that fast. Devynne has run 12.40s and I always thought she had that in her and pos sibly she can run 12.30s by the time we get to the Grand Prix Finals.” Greene, who first recruited Charlton to run for him as the head coach at Purdue University where she had a stellar collegiate career with the Boilermak ers, said the goal is to get her to finish off the year strong, get some rest and do it all over again next year. But he said there’s nothing like competing at home. “The people in the stands will be cheering for her,” he pointed out. “Ninety percent of the crowd will be pulling for the 242. It’s like Team USA. When they came out to the World Championships in Eugene, the crowd went crazy. “In this great nation of us called the Bahamas, we’re home in Freeport, Grand Bahama. The way they look at it, it’s the Bahamas versus the rest of the world. That’s how they will com pete. Their national pride is going to come forth. Baha mians are proud people. They will be there to cheer on the Bahamians.”

Photos:

GO TEAM: Team Bahamas members participated in a motor cade throughout the City of Freeport on Wednesday as athletes from around the world continue to arrive in Grand Bahama for the North American, Central American and Caribbean (NACAC) Championships. Some 40 athletes from the Bahamas will be competing at this year’s championships, starting today at the Grand Bahama Sports Complex and ending on August 21. Vandyke Hepburn

/BIS Team Bahamas in motorcade across Freeport

PAGE 12, Friday, August 19, 2022 THE TRIBUNE

THE TRIBUNE Friday, August 19, 2022, PAGE 13 ahead of NACAC Championships start today GO TEAM: Team Bahamas members participat ed in a motorcade throughout the City of Freeport on Wednesday as athletes from around the world continue to arrive in Grand Bahama for the North American, Central American and Caribbean (NACAC) Championships. Some 40 athletes from the Baha mas will be competing at this year’s championships, starting today at the Grand Bahama Sports Complex and ending on AugustPhotos:21. Vandyke Hepburn/BIS

ST LOUIS (AP) — Albert Pujols launched a pinch-hit grand slam and drove in five runs, Adam Wainwright pitched seven sharp innings and the St Louis Cardinals routed the Colorado Rockies 13-0 yesterday for a three-game sweep.The Elias Sports Bureau said the Cardinals were the first team in big league history to have a player at least 40 years old hit a grand slam and another at least 40 to pitch seven shutout innings in the same game. Pujols is 42, two years older than Wainwright.TheRockies lost starting pitcher Antonio Senzatela (3-7) and right fielder Char lie Blackmon in the second inning to leg injuries. The NL Central-leading Cardinals won their fourth in a row and sent Colorado to its fifth straight loss. Pujols hit his 690th career home run, connect ing off Austin Gomber and capping a five-run third that made it Wainwright10-0.(10-9) gave up three hits, two of them infield singles.

BREWERS 5, DODGERS 3 MILWAUKEE (AP) — Andrew McCutchen homered twice, Hunter Renfroe also went deep and Milwaukee split a four-game series with major league-leading Los Angeles.McCutchen had three RBIs in his 19th career multi-homer game. Andrew Heaney (1-1) gave up all three homers. He struck out 10 but allowed five runs, five hits and one walk in 4 2/3 innings.Corbin Burnes (9-5) allowed three runs, six hits and two walks in 5 2/3 innings. Devin Williams struck out the side in the ninth for his eighth save. CUBS ORIOLES3, 2 BALTIMORE (AP) — Willson Contreras hit a pair of homers, Adrian Samp son pitched scoreless ball into the sixth inning and Chicago beat Baltimore. Sampson (1-3) allowed four hits with six strike outs and two walks over 5 2/3 innings, earning his first win since last September 14 at ContrerasPhiladelphia.then gave the Cubs a 1-0 lead in the sixth with a solo shot off Spenser WatkinsRafael(4-3).Ortega also homered for the Cubs, who have won five of seven. Brandon Hughes picked up his first career save.

Albert Pujols grand slam backs Wainwright, Cards beat Rockies 13-0

ASTROS 21, WHITE SOX 5 CHICAGO (AP) — Alex Bregman hit two homers and two doubles, driving in a career-high six runs and powering Hou ston past Houston’sChicago.runtotal tied for the second most in team history — the Astros scored 23 against Balti more in 2019. The Astros wound up with 25 hits as Bregman, Kyle Tucker and Christian Vazquez tied career highs with four Houstoneach.scored six times in the fourth inning, chas ing Lucas Giolito (9-7) in taking a 10-0 lead. Luis Garcia (10-8) blanked Chicago for the first four innings but gave up Yoan Moncada’s threerun homer in the fifth.

PAGE 14, Friday, August 19, 2022 THE TRIBUNE NEW YORK (AP) — The U.S. Open singles champions will receive $2.6 million this year, with total player compensation for the Grand Slam tourna ment surpassing $60 million for the first time. A larger portion of that total is being allocated to the earlier rounds, the US Tennis Association said yesterday, following input from the men’s and wom en’s tour player councils. Players will receive $80,000 just for making the main draw and $121,000 for reaching the second round. In 2019, the last year before the coronavirus pandemic, the singles champions earned $3.9 million.Afirst-round loser got $58,000 and a player elimi nated in the second round earnedPlayers$100,000.willearn $445,000 for reaching the quarterfi nals and $705,000 for being a semifinalist. The runnerup gets $1.3 million. The doubles champi onship teams will earn $688,000The$60.1 million total surpasses last year’s $57.5 million total, which was already more than the other three Grand Slam tournaments paid this year. Total prize money for the US Open qualifying tour nament has now reached $6.26 million, with finalround prize money $44,000. This year’s Australian Open purse was about $52 million, with Wimble don and the French Open nearly $49 million. Main draw play at the US Open begins August 29 at the USTA Billie Jean King National Tennis Center. US MILLIONGETCHAMPIONSOPEN$2.6

ST Louis Cardinals’ Albert Pujols tips his cap after hitting a grand slam during the third inning of a baseball game against the Colorado Rockies yesterday in St Louis.(AP Photo/Jeff Roberson)

RANGERS ATHLETICS10,3 ARLINGTON, Texas (AP) — Nathaniel Lowe hit a three-run homer, Jonah Heim drove in two runs against his former team and Texas beat Oakland.Dane Dunning (3-6) allowed two runs in six innings for his second con secutive win. Texas completed a 4-3 homestand by splitting four games with the last-place A’s.Rookie Zach Logue (3-7) allowed seven runs in 4 1/3 innings.

DIAMONDBACKS 5, GIANTS 0 SAN FRANCISCO (AP) — Zac Gallen struck out a career-high 12 in 7 1/3 innings, extending his shutout streak to 21 1/3 innings as Arizona beat SanGallenFrancisco.(9-2) limited the Giants to four hits and has won five straight decisions. Daulton Varsho, Josh Rojas, Sergio Alcántara, Jake McCarthy and Carson Kelly drove in runs for the D-backs.The D-backs chased Logan Webb (11-6) early and earned a split of the four-game series. Webb gave up five runs, three earned, on nine hits and three walks in 4 2/3 innings.

PEOPLE walk through John F. Kennedy International Airport on June 28, 2022, in New York. Labor unions are pressuring U.S. airlines not to buy back their own stock and instead to spend the money on hiring more workers and fixing problems that caused widespread flight delays and can cellations this summer. The unions said Thursday, Aug. 18, that the four largest U.S. airlines spent more than $39 billion on stock buybacks from 2014 through 2019 rather than making investments to help employees and passengers.

Unions push

NOTICE days from the 19th day of August, 2022 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.

THURSDAY, 18 AUGUST 2022 CLOSECHANGE%CHANGEYTDYTD% BISX ALL SHARE INDEX: 2590.877.840.30362.6316.27 BISX LISTED & TRADED SECURITIES 52WK HI52WK LOWSECURITY SYMBOLLAST CLOSECLOSECHANGE VOLUMEEPS$DIV$P/E YIELD 6.985.30 AML Foods Limited AML 6.98 6.980.00 0.2390.17029.22.44% 53.0033.80 APD Limited APD 39.95 39.950.00 0.9321.26042.93.15% 2.761.60Benchmark BBL 2.76 2.760.00 0.0000.020N/M0.72% 2.612.20Bahamas First Holdings Limited BFH 2.46 2.460.00 0.1400.08017.63.25% 2.601.30Bank of Bahamas BOB 2.51 2.510.00 0.0700.000N/M0.00% 6.205.75Bahamas Property Fund BPF 6.20 6.200.00 1.7600.000N/M0.00% 10.057.50Bahamas Waste BWL 9.75 9.750.00 0.3690.26026.42.67% 4.152.82Cable Bahamas CAB 3.91 3.910.00 -0.4380.000-8.9 0.00% 10.655.40Commonwealth Brewery CBB 10.15 10.150.00 0.1400.00072.50.00% 3.652.27Commonwealth Bank CBL 3.25 3.310.0610,0000.1840.12018.03.63% 8.255.95Colina Holdings CHL 8.16 8.160.00 0.4490.22018.22.70% 17.509.80CIBC FirstCaribbean Bank CIB 16.00 16.000.00 0.7220.72022.24.50% 2.651.99Consolidated Water BDRs CWCB 3.18 3.16 (0.02) 0.1020.43431.013.73% 11.288.25Doctor's Hospital DHS 10.26 10.260.00 0.4670.06022.00.58% 11.2510.02Emera Incorporated EMAB 11.83 11.81 (0.02) 0.6460.32818.32.78% 10.8510.00Famguard FAM 10.85 10.850.00 0.7280.24014.92.21% 18.3014.05Fidelity Bank (Bahamas) Limited FBB 18.30 18.300.00 0.8160.54022.42.95% 4.003.50Focol FCL 3.90 3.900.00 0.2030.12019.23.08% 11.008.20Finco FIN 11.00 11.000.00 0.9390.20011.71.82% 16.5015.50J. S. Johnson JSJ 15.50 15.500.00 0.6310.61024.63.94% PREFERENCE SHARES 1.001.00Bahamas First Holdings PreferenceBFHP 1.00 1.000.00 0.0000.0000.0000.00% 1000.001000.00 Cable Bahamas Series 6 CAB6 1000.001000.000.00 0.0000.0000.0000.00% 1000.001000.00 Cable Bahamas Series 9 CAB9 1000.001000.000.00 0.0000.0000.0000.00% 1.001.00Colina Holdings Class A CHLA 1.00 1.000.00 0.0000.0000.0006.25% 10.0010.00Fidelity Bank Bahamas Class A FBBA 10.0010.000.00 0.0000.0000.0007.00% 1.001.00Focol Class B FCLB 1.00 1.000.00 0.0000.0000.0006.50% CORPORATE DEBT - (percentage pricing) 52WK HI52WK LOWSECURITY SYMBOLLAST SALECLOSECHANGEVOLUME 100.00100.00Fidelity Bank (Note 22 Series B+)FBB22 100.00100.000.00 100.00100.00Bahamas First Holdings LimitedBFHB 100.00100.000.00 BAHAMAS GOVERNMENT STOCK - (percentage pricing) 115.92104.79Bahamas Note 6.95 (2029) BAH29 107.31107.310.00 100.00100.00BGS: 2014-12-7Y BG0107 100.00100.000.00 100.00100.00BGS: 2015-1-7Y BG0207 100.00100.000.00 100.00100.00BGS: 2014-12-30Y BG0130 100.00100.000.00 100.00100.00BGS: 2015-1-30Y BG0230 100.00100.000.00 100.00100.00BGS: 2015-6-7Y BG0307 100.00100.000.00 100.00100.00BGS: 2015-6-30Y BG0330 100.00100.000.00 100.00100.00BGS: 2015-10-7Y BG0407 100.00100.000.00 101.5599.72BGRS FX BGR124228 BSBGR1242282101.55101.550.00 100.2299.98BGRS FL BGRS99032 BSBGRS990326100.50100.500.00 100.4399.96BGRS FL BGRS97033 BSBGRS970336100.09100.090.00 100.43100.43BGRS FL BGRS75022 BSBGRS750225100.54100.540.00 100.34100.04BGRS FL BGRS81037 BSBGRS810375100.34100.340.00 100.23100.00BGRS FL BGRS88028 BSBGRS880287100.00100.000.00 100.0089.62BGRS FX BGR129249 BSBGR129249389.6289.620.00 100.0089.00BGRS FX BGR131249 BSBGR1312499100.00100.000.00 100.9890.24BGRS FX BGR132249 BSBGR1322498100.00100.000.00 100.0090.73BGRS FX BGR136150 BSBGR1361504100.00100.000.00 MUTUAL FUNDS 52WK HI52WK LOW NAV YTD%12 MTH% 2.522.11 2.520.99%4.22% 4.693.30 4.690.36%5.78% 2.221.68 2.210.67%2.74% 207.86164.74 197.44-2.97%-2.35% 212.41116.70 202.39-4.72%6.04% 1.741.69 1.741.37%3.03% 1.841.75 1.841.19%5.23% 1.831.76 1.831.62%4.13% 1.030.97 0.97-5.25%-6.07% 9.376.41 9.37-0.02%10.36% 11.837.62 11.79-0.33%18.23% 7.545.66 7.540.22%3.05% 16.648.65 15.94-3.89%14.76% 12.8410.54 12.47-1.04%-2.57% 10.779.57 10.740.81%4.20% 10.009.88 N/AN/AN/A 10.438.45 10.433.00%25.60% 14.8911.20 14.897.90%48.70% MARKET TERMS BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00 YIELD - last 12 month dividends divided by closing price - Highest closing price in last 52 weeks Bid $ - Buying price of Colina and Fidelity 52wk-Low - Lowest closing price in last 52 weeks Ask $ - Selling price of Colina and fidelity Previous Close - Previous day's weighted price for daily volume Last Price - Last traded over-the-counter price Today's Close - Current day's weighted price for daily volume Weekly Vol. - Trading volume of the prior week Change - Change in closing price from day to day EPS $ - A company's reported earnings per share for the last 12 mths Daily Vol. - Number of total shares traded today NAV - Net Asset Value DIV $ - Dividends per share paid in the last 12 months N/M - Not Meaningful P/E - Closing price divided by the last 12 month earnings TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | CORALISLE 242-502-7525 | LENO 242-396-3225 | BENCHMARK 242-326-7333 5.60% 15-Jul-2049 Colonial Bahamas Fund Class D Colonial Bahamas Fund Class E Colonial Bahamas Fund Class F CFAL Global Equity Fund Leno Financial Conservative Fund Leno Financial Aggressive Fund Leno Financial Balanced Fund Leno Financial Global Bond Fund RF Bahamas Opportunities Fund - Secured Balanced Fund RF Bahamas Opportunities Fund - Targeted Equity Fund RF Bahamas Opportunities Fund - Prime Income Fund RF Bahamas International Investment Fund Limited - Equities Sub Fund RF Bahamas International Investment Fund Limited - High Yield Income Fund RF Bahamas International Investment Fund Limited - Alternative Strategies Fund INTEREST Prime + 1.75% MARKET REPORT 31-Mar-202131-Mar-2021 MATURITY 31-Mar-202231-Mar-202220-Nov-202919-Oct-20224.50%6.95% 31-May-202231-Mar-2022 6.25%4.50% 15-Oct-204913-Jul-202821-Apr-205025-Mar-202215-Oct-202226-Jun-204526-Jun-202230-Jul-204515-Dec-204430-Jul-202215-Dec-202131-May-202231-May-202231-Jan-202231-Jan-202231-Jan-202231-Jan-202231-May-202231-Jan-202231-Jan-202231-Mar-2021 6.25% 31-Mar-202230-Sep-2025FUND CFAL Bond Fund CFAL Balanced Fund CFAL Money Market Fund CFAL Global Bond Fund 4.25%6.25%4.50%6.25% NAV Date 5.55%4.33%4.31%4.30%4.66%5.69%5.65% 15-Apr-204926-Jul-202817-Apr-203323-Sep-20324.87%4.43% 26-Jul-20377-Sep-2022 (242)323 2330 (242) 323 2320 www.bisxbahamas.com NOTICE is hereby given that ROIDELL MOISE of #6 Shady Hollow Street, Mount Royal Avenue, New Providence, 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

IN THE ESTATE of, BARBARA JANE BROOKS AKA BARBARA JANE SANDS BROOKS late of the Eastern District of the Island of New Providence, one of the Islands of The Commonwealth of The Bahamas, Noticedeceased.ishereby given that all persons having any claim or demands against the above named Estate are required to send their names, addresses and particulars of the same duly certified in writing to the undersigned on or before the 8th day of September A.D., 2022, and if required, prove such debts or claims, or in default be excluded from any distribution; after the above date the assets will be distributed having regard only to the proved debts or claims of which the Executor shall then have And Notice is hereby given that all persons indebted to the said Estate are requested to make full settlement on or before the aforementioned date.

THE WHITE SUN LTD. Reg. No. 199418 B NOTICE OF DISSOLUTION Notice is hereby given, in accordance with Section 13 8(4) of the International Business Companies Act of 2000, that the above-named Company commenced dissolution procedures on the 16th day of August 2022 and that Sterling (Bahamas) Limited of Suite 205A, Saffrey Square, Bank Lane & Bay Street, P.O. Box N-9934, Nassau, Bahamas has been appointed voluntary Liquidator of the Company.

NOTICE

MICHAEL A. DEAN & CO., Attorneys for the Executor Alvernia Court, 49A Dowdeswell Street P.O. Box N-3114 Nassau, The Bahamas

“We paused the greed in aviation for a little while,” said Sara Nelson, president of the Association of Flight Attendants. She blamed “greed that ran rampant before COVID” with leav ing airlines understaffed. The unions asked airlines to pledge to forgo buybacks until until airlines fix their “operational meltdowns” and reach new labor con tracts — unions are seeking substantial wage increases.

NOTICE is hereby given that MANISE PAUL of Toote Shop Corner off East Street, New Providence, 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 12th day of August, 2022 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.

Notice is also hereby given that any person having a claim against the Company is required, within 14 days of the date of this Notice, to send their names, addresses and particulars of their debts or claims to Sterling (Bahamas) Limited, the Liquidator of the Company, or in default thereof they will be excluded from the benefit of any distribution made before such debts or claims are proved.

PAGE 16, Friday, August 19, 2022 THE TRIBUNE

By DAVID KOENIG AP Airlines Writer LABOR unions are pressuring U.S. airlines not to buy back their own stock but instead spend the money on hiring more workers and fixing problems that caused wide spread flight delays and cancellations this summer. The unions said Thursday that the four largest U.S. airlines spent more than $39 billion on stock buybacks from 2014 through 2019 rather than making invest ments to help employees andThepassengers.airlinesare currently barred from buying back their own shares as a condi tion of $54 billion in federal pandemic aid, but that pro hibition ends after Sept. 30. Union officials worry that buybacks will come back now that most U.S. airlines have returned to profitabil ity after huge losses in 2020 andThe2021.unions, which repre sent pilots, flight attendants, mechanics, baggage han dlers and other workers, launched a campaign and petition drive that portrays buyouts as a giveaway to Wall Street and a tool for airline executives to boost their own stock-based compensation.

A union representative said Thursday that none of the airlines immediately agreed to the pledge. The chief financial officer of American Airlines, Derek Kerr, said in a recent interview that buybacks are not on the table. “There is no plan to do any share repurchases. All of our excess liquidity will go to pay off debt,” Kerr said. A spokesman said Thursday that is still Amer ican’sUnitedposition.Airlines said that it is not currently seeking buybacks. “Our highest financial priorities right now are restoring our bal ance sheet and investing in our employees and custom ers,” a spokeswoman said. Asked about share repur chases last month, Delta Air Lines CEO Ed Bastian did not answer directly because of the prohibi tion, but he said the airline has a responsibility to cus tomers, employees, “and importantly to our owners.”

Photo:Julia Nikhinson/AP

Dated this 16th day of August 2022 Sterling (Bahamas) Limited NOTICELiquidator

A Delta spokesman said Thursday that the company has raised base pay 4% and made profit-sharing pay ments to employees. A Southwest Airlines spokesman said only that the airline has not announced any plans for buybacks.Airlines could be tempted to repurchase stock because the shares might appear cheap. The Arca index of airline stocks is down 21% this year and 41% since the start of 2020. Most U.S. airlines reported secondquarter profits, however, and revenue is surging on strong ticket sales. Stock buybacks are a favorite target of unions and Democratic lawmakers, who often see them as wid ening inequality between workers and wealthier investors. The climate, health care and tax bill that President Joe Biden signed this week includes a new 1% excise tax on them beginning next Corporationsyear.view buy backs as a way to reward shareholders by reducing the number of shares and making the remaining ones more valuable. Investors often prefer them over divi dends, which are treated as ordinary income and taxed at up to 37%. If buybacks boost a stock’s value, inves tors who hold the shares long enough pay a lower capital-gains tax on the profit when they sell — no more than 20%. “There is nothing inher ently wrong with a buyback. It just gives shareholders a return on their invest ment,” said Charles Elson, founding director of a corporate-governance center at the University of Delaware.Elson, however, said there are pitfalls. Compa nies might pay too much for the stock, wasting money. And executives with stock options benefit from buybacks but not from divi dends, a problem that he said can be fixed by giving the executives restricted stock units instead of options.Charles Tharp, a Boston University management professor who advises corporate boards on com pensation, said that raising employee pay and buying back stock are separate decisions.When companies approve buybacks, “it does look like I’m choosing to serve shareholders instead of employees,” he said, “but that assumes you would give the raise to employ ees if you didn’t buy back shares, which probably isn’t theTharpcase.”said if companies believe they need to raise pay to be competitive, they will make that decision regardless of whether they buy back shares. In 2020, the labor unions provided key support for giving taxpayer money to the airlines, which were warning they faced disas ter from a plunge in travel during the early days of the pandemic. Union officials and Democratic lawmak ers insisted that the aid be tied to a ban on buybacks and limits on executive compensation.Airlineswere barred from furloughing employ ees during the pandemic, but they were allowed to pay incentives that led tens of thousands of workers to quit. The airlines were understaffed when air travel bounced back this spring and summer, con tributing to about 45,000 canceled flights and 472,000 delays since June 1. airlines to promise they’ll avoid stock buybacks

A PEDESTRIAN walks past the New York Stock Exchange in New York City, Thurs day, Aug. 18, 2022. Major indexes were held back by mostly choppy trading follow ing a weeklong run of gains.Photo:J. David Ake/AP

ANOTHER day of choppy trading on Wall Street ended with modest gains for stocks Thursday and the benchmark S&P 500 barely back into the green for the week. The S&P 500 rose 0.2% after shifting between small gains and losses for much of the day. It’s now up 0.1% for the week. The Dow Jones Industrial Average managed a 0.1% gain, while the Nasdaq rose 0.2% as technology compa nies gained ground. Smaller company stocks outpaced the broader market, sending the Russell 2000 index 0.7% higher. The choppy trading for stocks follows a four-week winning streak for the S&P 500. Investors remain con cerned about stubbornly hot inflation and its impact on consumers and busi nesses. Financial results from big retailers and eco nomic updates throughout the week have shown that the economy remains under pressure from inflation, but has several pockets of resiliency.“Themarket is looking for direction and it seems people are caught between the idea of slowing eco nomic growth and slowing inflation,” said Chris Zac carelli, chief investment officer at Independent Advisor Alliance. The S&P 500 rose 9.70 points to 4,283.74, while the Dow added 18.72 points to 33,999.04. The Nasdaq gained 27.22 points to 12,965.34, and the Russell 2000 added 13.41 points to 2,000.73.Technology companies had some of the strongest gains. Cisco Systems rose 5.8% after reporting solid financial results. Energy stocks also climbed as U.S. crude oil prices rose 2.7%. Devon Energy rose Department5.9%.store Kohl’s fell 7.7% after issuing a disappointing financial forecast.Bond yields fell. The yield on the 10-year Treas ury, which affects mortgage rates, slipped to 2.87% from 2.90% late Wednesday. Bed Bath & Beyond fell 19.6% after investor Ryan Cohen proposed selling his entire stake in the strug glingSlightlyretailer.fewer Americans filed for unemployment benefits last week, accord ing to the Labor Department, as the labor market continues to stand out as one of the strong est segments of the U.S. economy. The solid update on the employment market follows an encouraging report on Wednesday that showed retail sales remain solid despite the hottest inflation in four decades. Investors have been closely watching the Fed eral Reserve for any reaction to shifts in inflation or the economy. The cen tral bank has been raising interest rates in an effort to slow the economy and cool inflation, but Wall Street is concerned it could slam the brakes too hard and veer into a recession instead. Any sign that inflation is peaking or cooling has given Wall Street hope that the Fed could consider easing up on rate hikes. It raised its benchmark inter est rate by three-quarters of a point for a second-straight time during its meeting in July and is expected to raise the rate by a half-percent age point at its upcoming meeting.Theminutes from last month’s meeting of Fed eral Reserve policymakers showed that policymakers expected the economy to expand in the second half of 2022, though many suggested that growth would weaken as higher rates take hold. The Fed intends to continue raising rates enough to slow the economy.WallStreet continues monitoring potential trade issues between the U.S. and China after the U.S. gov ernment said it will hold trade talks with Taiwan in a sign of support for the island democracy that China claims as its own ter ritory, prompting Beijing to warn that it will take action if necessary to “safeguard its sovereignty.”

Stocks end higher on Wall Street after more choppy trading

SAN AssociatedFRANCISCOPress

THE TRIBUNE Friday, August 19, 2022, PAGE 17

APPLE disclosed serious security vulnerabilities for iPhones, iPads and Macs that could potentially allow attackers to take complete control of these devices. Apple released two secu rityreports about the issue on Wednesday, although they didn't receive wide attention outside of tech publications.Apple'sexplanation of the vulnerability means a hacker could get "full admin access" to the device. That would allow intruders to impersonate the device's owner and subsequently run any software in their name, said Rachel Tobac, CEO of SocialProof Security. Security experts have advised users to update affected devices — the iPhone6S and later models; several models of the iPad, including the 5th genera tion and later, all iPad Pro models and the iPad Air 2; and Mac computers run ning MacOS Monterey. The flaw also affects some iPod models.Apple did not say in the reports how, where or by whom the vulnerabilities were discovered. In all cases, it cited an anonymous researcher.Commercial spyware companies such as Israel's NSO Group are known for identifying and taking advantage of such flaws, exploiting them in malware that surreptitiously infects targets' smartphones, siphons their contents and surveils the targets in real time.NSO Group has been blacklisted by the U.S. Commerce Department. Its spyware is known to have been used in Europe, the Middle East, Africa and Latin America against journalists, dissidents and human rights activists. Security researcher Will Strafach said he had seen no technical analysis of the vul nerabilities that Apple has just patched. The company has previously acknowl edged similarly serious flaws and, in what Strafach estimated to be perhaps a dozen occasions, has noted that it was aware of reports that such security holes had being exploited. WARNS OF SECURITY FLAW FOR IPHONES, IPADS AND MACS

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‘Wishes Set Sail’ campaign focused on empowering local youth in celebration of the Disney Wish’s inaugural season.“AtDisney Cruise Line, we are dedicated to inspir ing the next generation of maritime professionals,” said Joey Gaskins, Disney Cruise Line regional public affairs director of The Bahamas. “We were happy to once again support this year’s summer camp pro gramme and play a part in introducing young minds to the exciting world of possi bilities available to them in the maritime industry.” Disney Cruise Line has previously partnered with LJMMA to spon sor summer camps and introduce a scholarship programme for female cadets aspiring to become ship captains and shipboard leaders. Those scholarships include tuition to a threeyear programme – two years of study at the acad emy and one year of service aboard a Disney ship. Most of the summer camp was held on the LJMMA Maritime Cay campus at Arawak Cay. It has a full mission ship maneuver ing simulator, officer of the watch training simulator, steering simulator, full mis sion liquid cargo handling simulator, full mission fire fighting simulator, marine engineering workshops and a library, among other features.Jaiden Jones, a 12-yearold participant, said the camp made him look at becoming not just a pilot but a marine pilot, and spoke with excitement about the field trip to Nassau Cruise Port. 11-year-old Jai’Aa Adderley said: “I learned a lot that I probably wouldn’t in school and also made new friends. I loved going on boats, exploring the waters, seeing how interest ing the ocean is and all that a maritime career has to offer.”One of the camp’s facili tators, Kenrick Russell, said the camp was a full circle moment. “As a former student, the fact that I could inspire and motivate those even younger than me was amazing. I was in my ele ment and able to introduce nearly 50 camp participants to a maritime world I also once knew nothing about,” heKenricksaid. received a schol arship to attend Caribbean Maritime University in Jamaica to study marine engineering following his academic journey at LJMMA.

FROM PAGE A20 FOR two weeks, LJM Maritime Academy (LJMMA) hosted its Maritime Summer Camp (MSC) sponsored by Disney Cruise Line. The program guided partici pants through topics like fire prevention and safety; necessary training for those working in the maritime industry.

Where are the treasures rescued from lost galleon?

Tribune Business: “When we find things, we have to conserve them first and not everything that is found will survive conservation.” The conservation process for the Maravillas involves the oxidation of the arte facts before making a determination of what was found. Often, Allen Explo ration would only find small fragments before it is fully evaluated and then it is divided between them and theAtgovernment.allmaterial times a government representa tive from the Antiquities Monuments & Museums Corporation (AMMC) is present when what is found is divided up between Allen Exploration and The Baha mas government.

Camp gives glimpse of maritime industry

PAGE 18, Friday, August 19, 2022 THE TRIBUNE

NEARLY 50 youngsters between the ages of 10 and 13 spent their summer exploring the possibilities marine and maritime sciences can offer and the possibilities of a maritime career.

Everybody checks it and signs it off to confirm this is what was deposited.” The confusion over the accounting for the artefacts found by Allen Explora tion, which all sides admit that the government has in principal, comes in the wake of complaints from government about the deal, including National Security Minister Wayne Munroe saying that any company wishing to do exploration in Bahamian waters should commit to a “process” that would allow for more transparency.TheCabinet minister with responsibility of the AMMC and who would be able to speak to the where abouts of the treasure and the ability to view them is Prime Minister Philip “Brave’ Davis.

FROM PAGE A20

“We have two Defence Force officers on our ves sels and they sign off on everything that we bring up to the lab,” Dr Pateman said. “When things come into the lab, then I sign off that I’ve received them and we have an AMMC repre sentative in the lab with us and she signs off that this is what’s comes in. Then we do the conservation work, and do the evaluations and all of that other stuff and then we have a discussion with government over what theyDrwant.”Pateman also that in previous times the collec tion went to the Central Bank, and admitted he is a part of that turnover between the AMMC and the Central Bank. Dr Pate man said: “Then we sign off on everything once again on what is on the list.

‘NOTHING WRONG’ IN MEETING WITH PLANNING APPLICANTS OVER LYFORD CAY SCHEME ARAWAKX: NO DEEP ANALYSIS OF FOOT CROWDFUND SUCCESS FROM PAGE A20FROM PAGE A20 Shown is today’s weather. Temperatures are today’s highs and tonight’s lows. Low:ORLANDO77°F/25° C High: 93° F/34° C Low:TAMPA80°F/27° C High: 91° F/33° C WEST PALM BEACH Low: 80° F/27° C High: 93° F/34° C FT.High:Low:LAUDERDALE82°F/28°C91°F/33°C KEY WEST Low: 83° F/28° C High: 90° F/32° C Low: 81° F/27° C High: 91° F/33° C Low:ABACO77°F/25° C High: 92° F/33° C High:Low:ELEUTHERA75°F/24°C93°F/34°C RAGGED ISLAND Low: 76° F/24° C High: 91° F/33° C GREAT EXUMA Low: 80° F/27° C High: 91° F/33° C CAT ISLAND Low: 75° F/24° C High: 93° F/34° C SANHigh:Low:SALVADOR75°F/24°C92°F/33°C CROOKED ISLAND / ACKLINS Low: 76° F/24° C High: 91° F/33° C LONG ISLAND Low: 76° F/24° C High: 92° F/33° C MAYAGUANALow:81°F/27°CHigh:89°F/32°C GREAT INAGUA Low: 77° F/25° C High: 90° F/32° C Low:ANDROS76°F/24° C High: 90° F/32° C Low: 78° F/26° C High: 91° F/33° C FREEPORT NASSAULow: 81° F/27° C High: 92° F/33° C MIAMI THE WEATHER REPORT 5-Day Forecast Partly sunny High: 91° AccuWeather RealFeel 102° F The exclusive AccuWeather RealFeel Temperature is an index that combines the effects of temperature, wind, humidity, sunshine intensity, cloudiness, precipitation, pressure and elevation on the human body—everything that affects how warm or cold a person feels. Temperatures reflect the high and the low for the day. Increasing clouds, a stray t‑storm Low: 81° AccuWeather RealFeel 89° F A t‑storm around in the morning High: 91° AccuWeather RealFeel Low: 81° 102°-88° F Breezy in the morning with a shower High: 90° AccuWeather RealFeel Low: 80° 100°-87° F Some rain and a t‑storm in the p.m. High: 89° AccuWeather RealFeel Low: 78° 99°-87° F Variable clouds with a thunderstorm High: 90° AccuWeather98°-85°RealFeelF Low: 79° TODAY TONIGHT SATURDAY SUNDAY MONDAY TUESDAY almanac High 88° F/31° C Low 77° F/25° C Normal high 89° F/32° C Normal low 76° F/24° C Last year’s high 92° F/34° C Last year’s low 77° F/25° C As of 2 p.m. yesterday 0.00” Year to date 38.96” Normal year to date 22.86” Statistics are for Nassau through 2 p.m. yesterday PrecipitationTemperature sun anD moon tiDes For nassau Aug.Last19 Aug.New27 Sep.First3 Sep.Full10 Sunrise 6:46 a.m. Sunset 7:41 p.m. Moonrise 12:15 a.m. Moonset 2:03 p.m. MondaySundaySaturdayToday High Ht.(ft.) Low Ht.(ft.) 2:00 a.m. 2.5 8:14 a.m. 0.8 2:43 p.m. 2.9 9:12 p.m. 1.2 2:57 a.m. 2.3 9:08 a.m. 0.9 3:42 p.m. 2.8 10:14 p.m.

marine Forecast WINDS WAVES VISIBILITY WATER TEMPS. ABACO Today: SE at 6 12 Knots 1 3 Feet 10 Miles 86° F Saturday: ESE at 7 14 Knots 2 4 Feet 6 Miles 86° F ANDROS Today: SE at 7 14 Knots 1 2 Feet 10 Miles 89° F Saturday: E at 8 16 Knots 1 2 Feet 5 Miles 89° F CAT ISLAND Today: ESE at 8 16 Knots 2 4 Feet 5 Miles 86° F Saturday: E at 10 20 Knots 3 5 Feet 5 Miles 85° F CROOKED ISLAND Today: ESE at 10 20 Knots 2 4 Feet 10 Miles 85° F Saturday: E at 10 20 Knots 3 5 Feet 5 Miles 85° F ELEUTHERA Today: ESE at 8 16 Knots 2 4 Feet 5 Miles 87° F Saturday: E at 8 16 Knots 3 5 Feet 5 Miles 86° F FREEPORT Today: S at 6 12 Knots 1 2 Feet 10 Miles 87° F Saturday: E at 7 14 Knots 1 2 Feet 6 Miles 87° F GREAT EXUMA Today: SE at 8 16 Knots 1 2 Feet 5 Miles 87° F Saturday: E at 10 20 Knots 1 2 Feet 5 Miles 87° F GREAT INAGUA Today: E at 10 20 Knots 2 4 Feet 7 Miles 85° F Saturday: E at 10 20 Knots 2 4 Feet 6 Miles 85° F LONG ISLAND Today: E at 10 20 Knots 2 4 Feet 5 Miles 86° F Saturday: E at 10 20 Knots 2 4 Feet 5 Miles 85° F MAYAGUANA Today: ESE at 10 20 Knots 3 5 Feet 7 Miles 85° F Saturday: E at 10 20 Knots 3 6 Feet 7 Miles 85° F NASSAU Today: ESE at 8 16 Knots 1 2 Feet 10 Miles 88° F Saturday: E at 8 16 Knots 1 3 Feet 5 Miles 87° F RAGGED ISLAND Today: E at 10 20 Knots 2 4 Feet 6 Miles 86° F Saturday: E at 12 25 Knots 3 5 Feet 6 Miles 85° F SAN SALVADOR Today: SE at 8 16 Knots 1 3 Feet 10 Miles 87° F Saturday: E at 10 20 Knots 1 3 Feet 10 Miles 86° F uV inDex toDay The higher the AccuWeather UV Index number, the greater the need for eye and skin protection. Forecasts and graphics provided by AccuWeather, Inc. ©2022 tracking map Shown is today’s weather. Temperatures are today’s highs and tonight’s lows. NS EW 4 8 knots NS EW S 6 12 knots NS EW S 6 12 knots NS EW S 8 16 knots NS EW S 8 16 knots NSW E 10 20 knots NSW E 10 20 knots NS EW S 7 14 knots | Go to AccuWeather.com

ThursdayWednesdayTuesday 5:47 a.m. 2.4 12:04 a.m. 1.2 6:19 p.m. 3.0 11:50 a.m. 0.9 6:34 a.m. 2.5 12:49 a.m. 1.1 7:02 p.m. 3.1 12:37 p.m. 0.8 7:17 a.m. 2.6 1:29 a.m. 0.9 7:42 p.m. 3.2 1:20 p.m. 0.7

THE TRIBUNE Friday, August 19, 2022, PAGE 19 companies to market and close this gap.” He continued: “What we have discovered is that the local Pension Funds tend to be the most conserva tive, because they are only allowed to invest in com panies that have everything in place. It’s disappoint ing because the low-risk approach also means very low returns. We have also discovered that the HighNet-worth individual is more likely to be a business owner than a professional. Apparently, you can’t look at the way someone dresses and assume how much they will“Anotherinvest.” reason inves tors are taking a look at us is our high standards when it comes to how com panies are chosen. This is backed by our very strong anti-money laundering standards. Proper markets that serve people in their community, by empower ing companies, that create jobs, transparently is the exact opposite of money laundering.”Headded: “Where money laundering happens is in cash based businesses that don’t have the level of transparency. We have a full compliance officer that ensures that all of the pro cesses and procedures and all of the investors have to go through a thorough back ground check.”

Dr Johnson also told Tribune Business that “the demand is so great” in the hospitals around the Car ibbean that he could not meet the demand without this capital raise through ArawakX for the ten units he plans to establish with the money raised. Startled by his company outperforming the other listed companies on the ArawakX platform by over 200 percent, Dr Johnson said: “The response has just been enormous.”

Dr Johnson is touring Freeport now and will be off to Abaco thereafter, “Inter national people have been calling now but I haven’t had time to answer any requests. But we are going to sort our selves out in The Bahamas first. I am humbled by it and my team is excited.”

are. He added: “The com mittee is also aware that there was some initial concerns regarding the rezoning order in a simi lar application that was made in the past. That matter was determined by the committee and then it was appealed and as with that matter we’re going to make a determination with this matter. And once the decision is made by the Department of Physical Planning and by extension the Town Planning Com mittee then whomever decides that they wish to appeal has that option to do so.”He added: “But we are taking into consideration all of the zoning concerns. We do have all of the convey ances and the deliberation over those matters have already taken place in the initial application stages and will continue to take place before a decision is made.” 1.3 3:57 a.m. 2.3 10:04 a.m. 1.0 4:39 p.m. 2.9 11:12 p.m. 1.3 4:54 a.m. 2.3 10:59 a.m. 1.0 5:32 p.m. 2.9 ‑‑‑‑‑ ‑‑‑‑‑

The conveyance also says that no duplex apartment, no hotels and no condo miniums are to be built in the block where the pro posed development has eyed. Also that no build ing greater than one storey should be constructed. Mr Johnson understands this and without appearing prejudicial about the appli cation, said that he can’t speak to the particulars in the conveyance but that his committee is “aware” of what the on-going matters

Where

Children are exposed to nautical and survival skills, navigation and engine simulations among other related“Onetopics.”ofour main goals at LJMMA is to grow the number of qualified Baha mian seafarers and experts in the maritime business. We are incredibly grateful to Disney for their ongoing support. Their sponsorship allows us to introduce more students to maritime careers such as, port man agement, marine pilot and master mariner. Many of our enrolled students became aware of, and inter ested in, a maritime career after attending one of our summerDisneycamps.”Cruise Line spon sored the camp as part of its

THE PRESS secretary for the Office of the Prime Minister, Clint Watson, says the government’s portion of the treasure recovered from the Spanish galleon Nues tra Senora de la Maravillas is at the Central Bank and will not be open for viewing by the general public for security reasons. Mr Watson, in a brief Whatsapp response to Trib une Business’s questions about the whereabouts of the treasure and artefacts given to the government by the company searching for the remains of the Mara villas, Allen Exploration, wrote: “The government will not be showing. It is advised that it would be a breach of security to show these assets which are at the Central Bank.” However, the governor of the Central Bank, John Rolle, had not told Tribune Business a month ago he is not aware of the artefacts being housed in the bank. In addition, Allen Explo ration has the balance of the artefacts on display in the Bahamas Maritime Museum (BMM) in Free port already with little to no security concerns at the museum.DrMichael Pateman, curator for the BMM, told are the treasures rescued from lost galleon? Exploration

Eastmor Properties Ltd is looking to build their quartet of nine-storey con dominiums on property that is not zoned for multifamily condominiums as the conveyance for Lot 12 Block 46 in Subdivision III granted to Eastmor show that it is zoned for singlefamily dwellings only.

By YOURI KEMP Tribune ReporterBusiness ykemp@tribunemedia.net

As a comparison on the ArawakX, Red Lob ster raised $2,006,900 with 1,829 investors, and aver aged $1,097.26 per investor over their raise period. Tropical Gyros, which launched their raise in June has raised $376,695 with 22 days left in their process with 739 investors buying in so far for an aver age of $509.73 per investor. But Foot Care RX raised $259,050 in just over two weeks with 71 investors for an average of $3648.59 per investor, something that is quite phenomenal. Mr Rahming added: “Whereas with the Red Lobster and with Tropical Gyro, because their res taurants, everybody is their customer. So you’re seeing a different type of person invest, which is fascinating, right? People are finding value in the things that they use.”In a press release, Mr Rahming also said: “We have even seen an interest from offshore funds that are not as risk averse as our local fund administra tors. They typically allow ten percent for early-stage companies, which is why innovation flourishes in their societies. ArawakX’s goal is to bring innovative

By YOURI KEMP Tribune ReporterBusiness ykemp@tribunemedia.net

DISNEY has been giving Bahamian youngsters the chance to dip their toe into the maritime industry this summer.Nearly 50 youngsters between the ages of 10 and 13 spent their summer exploring the possibili ties marine and maritime sciences can offer. For two weeks, LJM Mari time Academy (LJMMA) hosted its Maritime Summer Camp, sponsored by Disney Cruise Line. The program guided par ticipants through marine conservation, maritime knowledge, fire prevention and safety, as well as bends andDrhitches.Brenda Cleare, presi dent of LJMMA, said: “LJM Maritime Academy’s Maritime Summer Camp is filled with maritime bliss.

By YOURI KEMP Tribune ReporterBusiness ykemp@tribunemedia.net

A BAHAMIAN crowdfunding platform is “still learning the market” on a capital raise that has outpaced the next clos est listing by 232 percent with 75 days left in its raise process.D’Arcy Rahming Jr, ArawakX’s chief technol ogy officer, told Tribune Business they haven’t done a “deep analysis” into Foot Care RX yet but they are seeing a “different type of investor” for the company compared to the other companies they have listed. Dr Daniel Johnson, former cabinet minister and current chairman of the Gaming Board, owns Foot Care RX, a com pany dedicated to fighting foot-related trauma and diseases.

treasure hunters at work. D’ARCY RAHMING JR $6.92 $6.63 $6.66 $6.30

SEE PAGE A19 SEE PAGE A19SEE PAGE A18 SEE PAGE A18 ‘Nothing wrong’ in meeting with planning applicants over Lyford Cay scheme A DISNEY Cruise Line sponsored Summer Camp activities and lessons was held on the LJM Maritime Academy Maritime Cay campus which consists of functionally designed spaces outfitted with cutting-edge technology, equipment and tools such as simulators which the camp participants particularly enjoyed. AN IMAGE from video showing the Allen

business@tribunemedia.net FRIDAY, AUGUST 19, 2022

Camp gives glimpse of maritime industry

ArawakX: No deep analysis of foot crowdfund success

THE Town Planning Committee chairman says there was nothing wrong with meeting a potential applicant to the committee prior to them making an application.Keenan Johnson told Tribune Business that meet ings between applicants and the committee prior to the former making a former application are standard procedure and is “a part of theMrprocess”.Johnson had met principals of a controver sial development in Lyford Cay by Eastmor Properties Ltd. The developer is seek ing to build a quartet of nine-storey condominium complexes in the heart of LyfordThereCay.was a formal Town Hall meeting about the pro posed development where many residents of Lyford Cay have objected in writ ing prior to voicing their concerns at the Town Hall meeting this past Tuesday. In a formal written objec tion by New Providence Ltd and Endauld Ltd, both property owners of Lyford Cay, they said among numerous objections that they noted that a “pre-sub mission consultation” took place between Mr Johnson and the principals of the condominium complex, Eastmor Properties Ltd, in April of this year. Mr Johnson, however, said that along with the presubmission consultation being standard procedure, “the process itself, whether for preliminary support of application or it’s for a site plan approval is for the developer or applicant to meet with the Department of Physical Planning and in some instances I would come on as the chairman. I take part in some of those meetings to have a better appreciation for what the applicant is looking to do.”