NIB continues crackdown on delinquent employers

Fri, Apr 30th 2010, 12:00 AM

The National Insurance Board (NIB) is going after more business owners who have neglected to pay insurance contributions, according to NIB Director Algernon Cargill.

"There are several businesses that NIB continues to prosecute because they failed to pay their contributions on time," Cargill said during an interview with The Nassau Guardian yesterday. "And there are also several warrants of arrest for several prominent Bahamians who have refused to pay their contributions and the police are dealing with that matter."

Since last year NIB has been taking a no-nonsense approach and continues to prosecute delinquent employers, after an amnesty the company extended for them to come in and settle accounts ended on December 31, 2008.

Among the more prominent business operators prosecuted last year were Jones Communications Network CEO Wendall K. Jones, Global United CEO Jackson Ritchie, Solomon's Mines Managing Director Mark Finlayson and More 94.9 FM Director Galen Saunders.

Click here to read more in The Nassau Guardian

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