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Ex-Sky Bahamas chief s compliance nightmare

Ex-Sky Bahamas chief s compliance nightmare
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Sky Bahamas chief pushes back against swindling claims – Eye Witness News

NASSAU, BAHAMAS Sky Bahamas’ former chief executive, Captain Randy Butler, has refuted claims by the airline’s former financier that he “swindled” the company out of millions of dollars. Businessman Fred Kaiser claimed that Butler, the former airline executive, “bilked” insurers and pocketed millions from selling engines off-market, according to court documents. Kaiser, a permanent resident who financed the acquisition of Sky Bahamas’ fleet, in court documents seen by Eyewitness News has leveled several allegations against Captain Butler in his handling of the airline’s operation. According to court documents, the legal battle between Kaiser and his former Sky Bahamas partners began well over a year ago.

What next for Turnquest? We ll see

rrolle@tribunemedia.net IN his first interview since resigning as deputy prime minister and minister of finance on November 25, East Grand Bahama MP Peter Turnquest was coy about whether he will offer himself for reelection. However he said he believes the Free National Movement has a good chance of winning the next general election. “My party’s chances of winning the next election I think is good,” he said. “No administration goes without some challenges. But I think if you weigh it in the balance we’ve done some good work over the last three years and we’ll see what happens when the time comes.”

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