If the Bahamas Telecommunications Company (BTC) privatization deal goes through, it could lead to a commission of inquiry and possible criminal charges because of possible conflicts of interest regarding executives of the Utilities Regulation and Competition Authority (URCA), former Attorney General Alfred Sears warned in the House of Assembly yesterday.
URCA announced March 10 that it has approved the controversial deal for the sale of 51 percent of BTC?shares to Cable and Wireless Communications (CWC).
However Sears, who was speaking in the House of Assembly during debate on the bills and resolutions relating to BTC’s privatization, said there is a “real possibility” th ...

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