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“We take our strength, our courage and our wisdom from the people. We are victorious because we have lived up to the majesty of our constitution and the simple decency of our people.” — Sir Lynden Pindling Fifty years ago, The Bahamas obtained political independence from Great Britain. This was not a unique experience but
Former Governor General Sir Arthur Foulkes, one of just five signatories to The Bahamas constitution, who is still alive 50 years after independence was achieved, said yesterday Prime Minister Philip Davis’ claim on the floor of the House of Assembly on Monday that opposition members of the delegation to the Constitutional Conference in London left
NASSAU, BAHAMAS — Some 100 Bahamian companies including a local bank, two Bahamian law firms, and several security firms are listed among the myriad of creditors wrapped up in the collapse of crypto exchange giant FTX, court documents filed in a US Bankruptcy court have revealed. The 115-page doc
FTX’s reported $300 million investment in Bahamian real estate was the company’s bid to attract top talent from Silicon Valley to The Bahamas, former FTX CEO Sam Bankman-Fried said yesterday. Bankman-Fried, who lost his multibillion-dollar fortune last month after his company was put into liquidation and later filed for bankruptcy in the US, gave a
The attorney representing FTX US in its Chapter 11 bankruptcy case revealed in court yesterday that an FTX entity in the US bought almost $300 million in real estate in The Bahamas, mainly homes and vacation properties used by senior executives. “There were substantial amounts of money spent on things that were not related to