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News Article
June 10, 2010
2010/2011 Budget Debate Contribution - State Minister Zhivargo Laing

The Ministry of Finance is being allocated $26.4 Million in the upcoming budget on the recurrent side; this represents a net decrease of some $528,352 compared to last year. The most significant adjustments in the ministry?s budget are as follow:

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News Article
May 20, 2010
Bahamas bank sued in relation to Madoff fraud

A Bahamas-based bank and trust company has been sued over losses sustained from alleged investments in Bahamian-domiciled investment funds, which invested the bulk of their assets with $50 billion fraudster Bernard Madoff.

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