Apparent conflict in Baha Mar statements

Mon, Sep 13th 2010, 08:00 PM

By CANDIA DAMES
Guardian News Editor
candia@nasguard.com

Prime Minister Hubert Ingraham and Baha Mar have both made statements in recent days about the planned$2.6 billion deal at Cable Beach, but there appears to be conflicting statements related to when hundreds of acres of publicly-owned land would be transfered to Baha Mar.
In bringing the Baha Mar resolution to Parliament last week, Ingraham laid out, among other matters, issues related to how the land deal would be structured.
"Because of the conditions precedent set by Baha Mar's financiers the Export-Import Bank of China and the China Construction Engineering Company these lands are required to be transferred in advance of the star ...

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