Following the detention of a UBS executive last week in an immigration spot check, Atlantis President and Managing Director George Markantonis said he believes such incidents would not scare off international businesses from operating in the country.
Markantonis was asked to comment on the issue.
"When I read that I opened my wallet and made sure I had my work permit card in it. When I saw it was there I got on with my life," he said.
Executive Director of UBS (Bahamas) Emmanuel Fiaux was detained last Tuesday during an immigration enforcement exercise.
Markantonis continued: "Perhaps a lot of misunderstanding was going on, who knows, I wasn't there.
"I don't believe that any major enterprise bases an investment decision in a nation on the occasional one off act.
"I mean there is no nation in the world where everything is perfect. But hopefully, as I said, it was an aberration and not something that is going to continue to happen."
Drivers were stopped and questioned about their status during the roadblocks. They were asked to produce evidence to confirm they are in The Bahamas legally.
Fiaux was taken to the Carmichael Road Detention Centre temporarily after he was unable to produce the necessary documentation on the spot. After the incident, Director of Immigration William Pratt said the department would not alter its practices in future roadblocks and spot checks.
He said his officers were simply following the Immigration Act.
While not commenting directly on the matter involving the bank executive, Foreign Affairs and Immigration Minister Fred Mitchell defended immigration officers in the execution of their duties.
In a statement on Monday, UBS said it was " perturbed at what transpired" but had moved on.
"We are very grateful to The Bahamas' minister of financial services (Ryan Pinder), who, being fully aware of the needs of the industry and also to the sensitive and highly competitive international financial dynamics, took the time to meet and convey a courteous apology," the statement read.
"This listening ear, of which we apprised our head office, which has been closely monitoring and assessing events, has gone a tremendous way in helping to put this 'one off' matter behind us. We have moved on from last week's events."

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