Page 7 - Peter Turnquest News Today : Breaking News, Live Updates & Top Stories | Vimarsana

NASSAU, BAHAMAS — Former Sky Bahamas financier Fred Kaiser is seeking a default judgement against the airline’s former chief executive, Randy Butler, over an alleged $28 million “bogus loans” scheme. According to court documents, on Monday, Kaiser’s attorneys filed a judgement in default of defense against the claims leveled against him in a writ filed last November. That writ listed Kaiser’s companies, Alpha Aviation Ltd and Advanced Aviation Ltd, as the first and second plaintiffs. Butler, Sky Bahamas Airlines Limited and Aviation Oversight Group Ltd were listed as defendants. F...

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 o...

Selling dreams Dr. Hubert Minnis. Always one to read the temperature of public discourse and react accordingly, Prime Minister Dr. Hubert Minnis has promised to accelerate the implementation of a sovereign wealth fund, an independent, non-partisan, transparent and accountable entity “to manage some of our most valuable land and our precious natural assets for the benefit of the Bahamian people”. If the prime minister still widely held the trust of Bahamians, if in fact he ever had, his pledge might have offered some reason for optimism and satisfaction among many who have been quite voc...

Minister of Agriculture and Marine Resources Michael Pintard speaks during the launch of an apprenticeship programme for high school students at New Life Worship Center, Saturday, January 9, 2021. (BIS PHOTO/ANDREW MILLER) FREEPORT, BAHAMAS — Minister of Agriculture and Marine Resources Michael Pintard on Friday said that vocational professions are rapidly becoming the primary jobs generating revenue that exceeds traditional occupations. Speaking at the launch of a high school apprenticeship programme on Saturday, at New Life Worship Center, Pintard encouraged a group of participants...

EDITOR, The Tribune. The discriminatory element within the Free National Movement (FNM) government’s Fisheries Bill, 2020 has caused somewhat of a brouhaha within its ranks, with East Grand Bahama MP Peter Turnquest and former Prime Minister Hubert Ingraham both expressing opposition to it. On the other end of the spectrum, I would imagine that the group, The Bahamas Commercial Fishers Alliance (BCFA), which lobbied the former Progressive Liberal Party administration under Mr. Perry Christie to repeal the policy of granting permits to alleged Dominican fishermen married to Bahamian women i...