Search results for : Perm

Showing 841 to 870 of 1000 results


News Article
(VIDEO) International Day of Peace, September 21st

We invite you to observe

Peace Day on September 21, 2010. There will be events during the entire week of Peace Day!

Watch a VIDEO on Peace Day within...

The International Day of Peace ("Peace Day") provides an opportunity for

individuals, organizations and nations
to create practical acts of peace on a shared date. It was established
by a United Nations resolution in 1981 to coincide with the opening of
the General Assembly.

In 2002 the General Assembly officially declared September 21 as the permanent date for the International Day of Peace.

read more »


News Article
City Markets owed staff pension fund 500k at end-2009

By NEIL HARTNELL

Tribune Business Editor

Bahamas Supermarkets, parent company of the 11-store City Markets grocery chain, owed the staff pension fund almost $519,000 at its 2009 year-end in unpaid rent for the company's head office, with its financial troubles preventing any contributions by the firm to the plan during the 2007-2009 period.

The audited financial statements for Bahamas Supermarkets 2009 fiscal year are more than a year late, given that the period closed some 14 and-a-half months ago, but they provide a further insight into the problems afflicting the supermarket chain and management's plans to remedy them, the accounts being heavily qualified by Deloitte & Touche ...

read more »


News Article
Government 'dumps' 20m investment

The Government yesterday confirmed it was "not proceeding" with the $20 million proposal to upgrade and outsource management of the Tonique Williams-Darling Highway landfill to the private sector, even though it acknowledge the site - an "urgent priority" - was presently being "badly supervised".

Ronald Thompson, permanent secretary in the Ministry of the Environment, told

read more »


News Article
Call for ban on fishing of most marine species

By MEGAN REYNOLDS

Tribune Staff Reporter

mreynolds@tribunemedia.net

A CAMPAIGN to protect sharks from being fished in Bahamian waters has sparked the suggestion for a blanket ban on the fishing of most marine species.

Freeport attorney Fred Smith, QC, an environmentalist with a passion for diving and sharks, encourages Minister of Agriculture and Marine Resources Larry Cartwright to adopt a new approach to the protection of natural resources by only permitting certain marine life to be fished during specific seasons according to size regulations and zoning laws.

All other marine resources should be protected from fishing or harvesting by legislation, Mr Smith said.

His suggestion comes ...

read more »


News Article
105m BEC plant 'violated the law'

By NEIL HARTNELL

Tribune Business Editor

Opponents of the Bahamas Electricity Corporation's (BEC) $105 million Wilson City power plant had "genuine complaints" about the way the project's permits were granted, the Supreme Court ruled yesterday, finding that in the race to complete timely construction "many procedures were ignored or bypassed".

Justice Hartman Longley, although dismissing the Judicial Review action by Responsible Development for Abaco (RDA) that sought to block construction of the power plant, agreed with its attorney, Fred Smith QC, that if the project had been private sector-driven it would "have been stopped sooner" by the Government's ...

read more »


News Article
Baha Mar: Scotiabank loan resolution 'utmost priority'

By NEIL HARTNELL

Tribune Business Editor

A senior Baha Mar executive yesterday told Tribune Business that resolving the impasse over their $200 million loan was the "utmost priority" for the developer and Scotiabank, although no breakthrough/solution appears to have been reached yet.

With just three working days before Parliament debates the resolution on some 8,000-plus Chinese work permits, Robert Sands, Baha Mar's senior vice-president of external and governmental affairs, confirmed that meetings between the two sides had taken place - and were continuing - in Toronto.

"Meetings have been taking place between the parties, and meetings are still in progress," Mr Sands ...

read more »


News Article
Students stabbed in latest violence

By ALISON LOWE
Tribune Staff Reporter

alowe@tribunemedia.net

A SENIOR school official, the President of the teacher's union, police, parents and counselors offered a variety of views yesterday on whether police should be re-introduced as a permanent presence on school campuses as two students were stabbed and five more taken into custody in the fourth serious outbreak of violence involving school children to take place in as many days.

Fearful parents who gathered outside C I Gibson Junior High School, where two male students were stabbed in a break-time brawl during the morning, were unanimous in their view that a permanent police presence was needed to quell rowdy students in the face ...

read more »


News Article
Newspaper salesman in plea to Tribune after claiming police told him to move

By ALISON LOWE

Tribune Staff Reporter

alowe@tribunemedia.net

A VETERAN newspaper salesman has pleaded to be able to keep selling papers in his traditional location after claiming to have been told by police that he has to move.

However, a senior police officer said he is not aware of any such directive being given to the newspaper man - and told the paperman to get in touch with him.

In his appeal to The Tribune, the salesman, who traditionally touted his wares to passing motorists at the junction of Eastern Road and Johnson Road, and goes only by the name "Mr Major", said: "This is the first time that an officer has told me I have to move from this spot. What do they want ...

read more »


News Article
Nominations for Cacique Awards 2010 Now Open

The Bahamas Ministry
of Tourism is now receiving nominations for their

Cacique Awards 2010
which will take place

January 28th, 2011.

Any
member of the public may cast a nomination for the general awards, the
Minster of Tourism's Hospitality Award or the Clement T. Maynard
Lifetime Achievement Award. They may nominate as many persons as they
wish. The same person may also be nominated for more than one award if
he/she is making a contribution in more than one area.

To be eligible for the awards, the nominees must be permanent residents
of The Bahamas, whose product or performance has a positive impact on
the quality development of Bahamian tourism...

read more »


News Article
Bahamas elected to OAS Budget Committee

WASHINGTON,
DC -- Dr Nicola Virgill-Rolle of The Bahamas has been elected Vice Chair of the
Organization of American States (OAS) Committee on Administrative and Budgetary
Affairs (CAAP) of the Permanent Council, a key role in the OAS, particularly
during a time of severe economic stress on the multilateral body.

In her
capacity as vice chair of the CAAP, Dr Rolle is also serving as Chair of the
Working Group to Prepare the Draft Resolution on the

Program-Budget for 2011.

This year a
Special Session of the General Assembly will be held by September 30 to approve
the program budget of the OAS.

read more »


News Article
Speculation that Chinese criminals may work on Baha Mar 'baseless'

By MEGAN REYNOLDS

Tribune Staff Reporter

mreynolds@tribunemedia.net

SPECULATION that thousands of Chinese criminals will be brought in to build Baha Mar have been called baseless allegations by the Embassy of the People's Republic of China in Nassau.

Concerns raised in the local press suggested the Chinese government has chosen convicts from its overcrowded prisons to work on foreign projects and may do the same when they bring in 8,150 workers to construct Baha Mar.

Editorial writers called on government to exercise due diligence in vetting their work permits if the foreign labour is approved as concerns stemmed from an article published in a Canadian newspaper, The Globe and Mai ...

read more »


News Article
Attorney General addresses second year Law Students

Nassau, The Bahamas - The role of an attorney is not
a "right" but a "privilege," said Attorney General and Minister of Legal Affairs
Senator the Hon. John Delaney as he addressed students of the Eugene Dupuch Law
School.

Senator Delaney spoke on the topic, "What does the
leader of the Bar expect from Attorneys?" The students who are entering their
second year made a call on the Attorney General as part of orientation for the
new school year.

In attendance was Archie Nairn, permanent secretary;
Debra Fraser, director of legal affairs; Vinette Graham-Allen, director of
public prosecutions; and Ian Winder, tutor...

read more »


News Article
(VIDEO) International Day of Peace, September 21st

We invite you to observe

Peace Day on September 21, 2010. There will be events during the entire week of Peace Day!

Watch a VIDEO on Peace Day within...

The International Day of Peace ("Peace Day") provides an opportunity for

individuals, organizations and nations
to create practical acts of peace on a shared date. It was established
by a United Nations resolution in 1981 to coincide with the opening of
the General Assembly.

In 2002 the General Assembly officially declared September 21 as the permanent date for the International Day of Peace.

read more »


News Article
BTC Eager to see Competitive Telecoms Landscape in The Bahamas

The Bahamas Telecommunications Company
Ltd. (BTC) notes the Interim Order issued by URCA on Friday 13th
May 2011 which sets out the timetable and conditions for the negotiations
between BTC and System Resource Group (SRG) of a new Interconnection
Agreement (IA) based on BTC's soon to be approved Reference Access
and Interconnection Offer (RAIO).

 

The RAIO is the public document issued
by BTC and approved by URCA that sets out the parameters and guidelines
by which other licensed operators (OLOs)  in the Bahamian marketplace
interconnect with BTC to provide their services to BTC's customers
and permits BTC to provide its services to the OLO's customers. 
The RAIO facilitates the processes that ensure fluid operations for
all related parties...

read more »


News Article
BIFF Monthly Film Series to feature Waiting for Superman, June 2nd

Nassau, Bahamas - The Bahamas International Film Festival (BIFF) is
proud to once again host the

BIFF Monthly Film Series with First
Caribbean Bank International.

Starting: April 7th - November 3rd, 8:00pm - 9:30pm

at Galleria Cinema JFK.

Thursday, June 2nd see

Waiting for Superman.

Every morning, in big cities, suburbs and small towns across America,
parents send their children off to school with the highest of hopes.
But a shocking number of students in the United States attend schools
where they have virtually no chance of learning--failure factories
likelier to produce drop-outs than college graduates. And despite
decades of well-intended reforms and huge sums of money spent on the
problem, our public schools haven't improved markedly since...

read more »


News Article
OAS to Decide on Honduras's Return during Special General Assembly on June 1st

The Member States of the Organization of American States (OAS) will make a decision on the return of Honduras to the Organization during a Special
General Assembly on June 1st at Organization headquarters in Washington,
DC, according to a decision today by the Permanent Council.

The decision was made with 31 votes in favor, one against (Ecuador), and one absence (Saint Lucia).

The resolution approved by the special session of the Permanent Council
resolves to "convene a special session of the OAS General Assembly, to be held at headquarters of the Organization on Wednesday, June 1st, 2011, at 11 a.m. to take such decisions as it deems appropriate regarding the lifting of the suspension of the right of Honduras...

read more »


News Article
Bahamas elected to OAS Budget Committee
Bahamas elected to OAS Budget Committee

Dr Nicola Virgill-Rolle of The Bahamas has been elected Vice Chair of the Organization of American States (OAS) Committee on Administrative and Budgetary Affairs (CAAP) of the Permanent Council, a key role in the OAS, particularly during a time of severe economic stress on the multilateral body.

read more »


News Article
Not healthy? Insurance may not be an option

Medical Insurers could soon begin issuing increasing permanent exclusions to individuals with pre-existing and contracted ailments, even as medical costs continue to "skyrocket", the president of the Bahamas Insurance Brokers Association (BIBA) has warned.

This was because the new Insurance Act has made underwriting requirements for health and life insurance companies much more stringent.

read more »


News Article
Golden Gala: Chris 'Bay' Brown wins 400

By BRENT STUBBS

Senior Sports Reporter

bstubbs@tribunemedia.net

For his second international meet, quartermiler Chris 'Bay' Brown remained undefeated as he continues his comeback for a banner year at the IAAF World Championships.

Fresh off his triumph at the Jamaican Invitational last month, Brown stepped it up a notch yesterday as he led a field of two other Bahamians at the Golden Gala Diamond League Meet in Rome, Italy.

While Brown posted a season's best of 45.16s in the men's 400m, sprinter Debbie Ferguson-McKenzie was third in the women's 200 in 22.76 and Leevan 'Superman' Sands got fourth in the men's triple jump with another SB's leap of 17.13 m ...

read more »


News Article
Two men in court charged with supermarket armed robbery

TWO men charged with the armed robbery of Cost Right supermarket were arraigned in Magistrate's Court yesterday.

Jasper Curry, 24, of Yellow Elder Gardens and David Collins, 31, of Cowpen Road have been charged with the December 2010 incident.

The two men were also arraigned yesterday on charges stemming from the John Bull heist (see page one for full story).

Cashiers

It is alleged that on Saturday, December 4, 2010 the two men robbed five cashiers of various sums of cash totalling $17,819. According to initial reports, three men stormed into the establishment wielding firearms and demanding cash.

They reportedly fled to the Yellow Elder Gardens area on motorcycles.

Collins a ...

read more »


News Article
Minister Grant carries out site inspection of the Straw Market

Nassau The Bahamas - Public
Works and Transport Minister the Hon. Neko C. Grant is "extremely" pleased with
the progress of the construction of the new Bay Street Straw Market.

On December 15, 2009 a
contract was awarded to Cavalier Construction in the amount of $11,294,468.86
for the construction of the new Straw Market on the old market site.

Mr. Grant along with senior
officials including Colin Higgs, permanent secretary, John Canton, director and
Livingston Forbes, chief architect made a site-inspection of the work on
September 17...

read more »


News Article
OAS Secretary General Meets with Bahamas' Minister of Education

Washington, DC - The Secretary General of the Organization of American States (OAS), Josť Miguel Insulza, met today with the Minister of Education of Bahamas, Desmond Bannister, with whom he shared perspectives on the
challenges in the area of education and the support the hemispheric Organization offers students in Latin America and the Caribbean.

Also present at the meeting, held in the office of Secretary General Insulza in Washington, DC, were the Permanent Representative of Bahamas to the OAS, Ambassador Cornelius Smith, and the Director of the OAS Department of Human Development, Education and Culture, Marie Levens.

In particular, those present talked about the OAS scholarship program...

read more »


News Article
200 Chinesefor road work

By KRYSTEL ROLLE
Guardian Staff Reporter
krystel@nasguard.com

The House of Assembly last night approved a resolution for the government to borrow nearly$58 million from the China Export-Import Bank to construct a four-lane airport highway.
The project will mean the grant of 200 work permits for Chinese laborers, but also a very low interest rate for the loan.
Expressing concerns about growing government debt as well as the foreign labor component of the airport road plan, opposition MPs voted against the resolution, but Prime Minister Hubert Ingraham said the Progressive Liberal Party does not speak for the majority of the Bahamian people.
"By our deeds they know us,"Ingraham said....

read more »


News Article
Government still undecided on BP compensation

By JAMMAL SMITH
Guardian Business Reporter
jammal@nasguard.com

The government is still assessing whether or not The Bahamas will seek compensation from British Petroleum(BP)as a result of the Deepwater Horizon oil spill, with an official from the Ministry of Environment saying a final decision has not been made yet.
Permanent Secretary in the Ministry of

Environment Ronald Thompson told Guardian Business that the government hasn't determined whether it will seek reimbursement. The oil spill, which was caused in April when the Deepwater Horizon offshore oil drilling rig exploded in the Gulf of Mexico, initially posed a threat to the country.
"The government has not really determined whethe ...

read more »


News Article
Another delay for BTC separation packages

Bahamas Telecommunications Company (BTC) employees did not receive voluntary separation package offers as promised yesterday, as management at the company and executives in BTC unions were yesterday still trying to settle on what would be offered to whom.
Offers were initially supposed to be sent out on Monday.
However, BTC chief executive officer Geoff Houston said the company was still collating data on pension benefits owed to employees.
The Guardian understands that BTC human resource officials and union leaders were locked in meetings at the Bahamas Communications and Public Officers Union (BCPOU) hall most of the day yesterday trying to finalize what would be offered to employees.
The plan was for employees to decide within 30 days if they wish to accept the offers. But BCPOU president Bernard Evans told The Guardian yesterday that the unions were trying to negotiate a longer period for workers to make up their minds.
"We hope by the end of a month-and-a-half or two months, those people who would really be looking at this package, would have been in the right frame of mind and would have done a thorough process," he said.
"It's such a tough decision and the longer you have had to weigh your options you would have made the right decision. You don't want to rush into it."
He added that the unions would guide employees through every step of the process.
"After everybody would have received these individual letters, we would convene a general membership meeting to listen to the overall concerns," Evans said.
"We will meet with each person individually to find out what are their options (and) to guide them as best we can through the professional services that will be provided."
Given the complexity of the issues involved, Evans said he believes that September will be the earliest period during which any permanent employees leave BTC.
Houston, who was a guest on the show 'Jeffrey' on Star 106.5 FM on Monday, said the process could take some time to roll out after the accept/decline deadline one month from now.  He said the redistribution of people within the company would have to happen simultaneously. He also insisted that there will be no layoffs within the company "right now."
Houston said that if the number of individuals BTC officials are hoping will accept the voluntary packages is not reached, they would have to look at other operational efficiencies to streamline the company.
While he would not say what percentage of the staff they are hoping would accept the offers, he said they have benchmarked the figure against similar telecommunication environments.  The number that has typically been thrown around is 30 percent.

read more »


News Article
Deveaux did not admit guilt by resignation

THE LATEST scuttlebut making the rounds of the political rumour mill is that by offering his resignation to Prime Minister Hubert Ingraham, Environment Minister Earl Deveaux admitted he was wrong to accept the invitation of Prince Karim Aga Khan to fly in his helicopter to the prince's private island in the Exumas. According to rumour mongers it is an admission by the Minister that the helicopter ride compromised his ability to make an objective decision on the Prince's application for permission to develop his island in the Exuma Land and Sea Park.

Those persons spreading the rumour are either completely ignorant of the Westminster system of parliamentary government, or they are malicious ...

read more »


News Article
Minister of Foreign Affairs to address 65th UN General Assembly

NASSAU, The Bahamas - Deputy
Prime Minister and Minister of Foreign Affairs and Immigration the Hon
Brent Symonette is leading The Bahamas' delegation to the Sixty-Fifth
Session of the United Nations General Assembly in New York, the Ministry
announced Thursday.

The General Debate of the 65th
Session of the General Assembly will take place from September 23 to
25 and from the 27 to 30.  Mr. Symonette is scheduled to address
the General Assembly on Tuesday, September 28.

The Bahamas delegation will
include Marilyn Zonicle, Under-Secretary, Ministry of Foreign Affairs;
Ambassador Paulette Bethel, Bahamas Permanent Representative to...

read more »


News Article
Cable: Christie in dark on foreign policy

In a "frank" discussion with U.S. Ambassador John Rood in 2006, then Prime Minister Perry Christie revealed that he had taken a hands-off approach to the country's foreign affairs policies, according to a confidential U.S. Embassy cable obtained by The Nassau Guardian through WikiLeaks.
Christie was responding to Ambassador Rood's concerns over The Bahamas' voting record in the United Nations and limited multilateral cooperation with the U.S. at the U.N., according to the cable.
"In response to the Ambassador's concerns, Christie distanced himself from Minister (Fred) Mitchell's handling of Bahamian policy, saying
'foreign policy is driven by Fred (Mitchell) and the MFA (Ministry of Foreign Affairs), without involvement of my office'," the cable reads.
"Christie, who expressed surprise that The Bahamas was less in agreement with the U.S. than Barbados and Jamaica, conveyed genuine disappointment with Mitchell's handling of these U.N. issues. He said he would consider greater involvement in foreign policy decisions and suggested that he may ask for key international human rights votes to come before Cabinet for consideration."
The August 24 meeting was on the occasion of Christie's birthday. During that meeting, Rood also expressed appreciation for the outstanding partnerships between The Bahamas and the United States, praising the U.S.-Bahamian bilateral relationship, according to the cable.
But Rood expressed concern that "our shared values were not always reflected in common approaches to international problems in the United Nations, where the Department's most recent U.N. Voting Patterns report noted that The Bahamas ranks 29th of 33 countries in the Western Hemisphere on important votes to the U.S," the cable reads.
In a separate cable, a U.S. diplomat noted, "Prime Minister Christie has not been engaged on U.N. and international issues. Sometimes criticized for failing to attend international events, Christie is content to allow Foreign Minister Mitchell to oversee Bahamian foreign policy.
"Mitchell's relationship with PM Christie remains strong, though he is not in Christie's inner circle and there is no personal bond between them. Christie appears to trust Mitchell's formulation and handling of foreign policy. Though Christie has been privately critical of Mitchell on occasion, Mitchell has significant ability to influence The Bahamas's stance on U.N. and other foreign policy matters."
Ambassador Rood reminded Christie of his government's past advocacy against apartheid and encouraged Christie to use The Bahamas' U.N. vote to stand up for its own values and democratic principles elsewhere in the world, according to the August cable.
"The Ambassador suggested that the declining U.N. compatibility figures highlighted a need for closer dialogue on these issues between The Bahamas and the United States," the cable said.
The cable noted that Mitchell subsequently told the Ambassador that Christie had requested an analysis of The Bahamas' recent U.N. votes.
 
Concern over Bahamas Uncensored website
 
In that same meeting, Ambassador Rood also expressed to Christie his concern about what he described as the anti-U.S. viewpoints conveyed in the "Bahamas Uncensored website formerly administered by Fred Mitchell and which is seen by the Bahamian public and media as still largely under his editorial control", according to the cable.
Christie told the Ambassador that he doubted Mitchell was still directly involved in the site, but acknowledged that the perception of his continued involvement could contribute to perceptions of problems in the bilateral relationship, the cable reads.
In a "Note" the cable added: " The website (bahamasuncensored.com) is written in Mitchell's rhetorical style with MFA (Ministry of Foreign Affairs) inside information and knowledge that no journalist would have access to."
In another cable, a U.S. diplomat writes: "The private Fred Mitchell is on display in a website previously titled 'Fred Mitchell Uncensored' and now nominally edited by a third-party and named 'Bahamas Uncensored'. In the Bahamian political circles, it is assumed that the foreign minister retains editorial control over the website. Mitchell hides behind the website and makes more petulant and more candid commentary than he normally would in public."
Mitchell has repeatedly stated that he is no longer associated with the website.
Four days after Ambassador Rood met with Christie, Mitchell also met with the Ambassador to express his concern about an Op-Ed released by Rood that called for closer cooperation between the U.S. and The Bahamas in the U.N. that appeared in The Nassau Guardian earlier that month, a U.S. diplomat wrote in a separate cable.
In the wake of the op-ed local media and opposition figures criticized Mitchell's handling of the country's foreign policy, and he requested a meeting with the Ambassador to discuss his concerns about the op-ed and the perceptions it had generated, according to the cable.
"Mitchell, who is sensitive to media criticism, is facing a difficult fight in his coming reelection bid. He said that he felt that the op-ed contradicted recent public statements by the Ambassador about the closeness of the bilateral relationship. He said the press had sought to spin the op-ed as a sign of U.S. support for the Free National Movement," the U.S. diplomat wrote.
"The Ambassador made it clear the U.S. had no intention to pick sides in the election. Both parties were friends. He challenged Mitchell's perception of the op-ed, suggesting he was reacting to the media's spin rather than the substance of the piece itself. The op-ed had detailed a broad range of partnerships between our countries, had maintained a positive, constructive tone, and concluded that the relationship was 'second to none'."
The Ambassador, according to the cable, explained to Mitchell that promoting human rights was a vital element of U.S. policy and one he took seriously. He pointed out that the U.S. and The Bahamas shared the same values, but the U.N. voting record does not reflect that compatibility.
Mitchell insisted that it was the policy of The Bahamas to "stay out" and "abstain on matters of controversy", and his goal was to maintain a "low profile" in such matters.
"The Permanent Secretary noted that The Bahamas often 'abstains with a reason'. When pressed to defend specific votes, Mitchell acknowledged that he generally did not know the specific wording of the resolutions in question, according to the cable.
In a direct contradiction to what Christie told the Ambassador days earlier, according to the cable, Mitchell "somewhat disingenuously insisted that his role in shaping the government's response on these matters was limited -- that he merely 'took advice' from his ministry and conveyed the decision of the Cabinet".
"He claimed that he had inherited a policy to abstain on voting on country specific resolutions," according to the cable.
In the 'Comment' section at the end of the cable, the U.S. diplomat wrote: "Mitchell has been taking a beating in the local media in the past few months for his handling of the U.S. relationship and perceived closeness to Cuba, highlighted by the mid-July opening of a new Embassy in Havana.
"Although no election date has been set and they could be held as far off as May 2007, the parties are on election footing and will seek to use any perception of difference for political advantage."
The Ambassador reassured Mitchell that he was sensitive to election politics, but made it clear that while the relationship is 'second-to-none', the Embassy would continue to speak up on issues of concern, reads the cable.
"Mitchell's statement that The Bahamas abstains from the country specific resolutions in the United Nations flies in the face of their voting record," said the cable.
 
 
 
 

read more »


News Article
LATEST HOMICIDE PROMPTS CONCERNS OVER LIQUOR STORES AND BARS

By AVA TURNQUEST

Tribune Staff Reporter

aturnquest@tribunemedia.net

FED UP with the "senseless crime" that they feel has permeated communities across the capital, pastors, business owners and concerned residents met at the scene of the latest homicide to call attention to the deterioration of social values.

Deterioration they feel is largely due to the volume and proximity of liquor stores and bars in residential areas.

The area was reported by the community leaders to have at least 15 bars, but not one community centre or park.

Bishop Simeon Hall said: "Somebody should take responsibility for these liquor outlets. We need community action, we need forms of local governm ...

read more »


News Article
Shareholder rift continues at the Hilton

By NEIL HARTNELL

Tribune Business Editor

The fallout from the boardroom battle at the British Colonial Hilton continues to rumble on, Tribune Business can reveal, with its Canadian pension fund investor urging its fellow shareholder to inform the Registrar General that the agreement governing their 'partnership' remains in force.

A September 1, 2010, letter from Canadian QC, Alan Lenezner, on behalf of the Canadian Commercial Workers Industry Pension Plan (CCWIPP), to legal representatives of Swiss/UK-based private equity house, Adurion, also urged that their client withdraw an application to the Central Bank of the Bahamas for permission to refinance the $19 million loan at the cent ...

read more »