Search results for : money
Economy Recovers Beyond Pre-Pandemic Levels
January 30, 2024
Economy Recovers Beyond Pre-Pandemic Levels
NASSAU, BAHAMAS - The Bahamian economy has recovered beyond its pre-pandemic levels in 2023 and that means more jobs, more money and a lowered deficit.
26-year-old remanded over robbery charges
June 26, 2019
26-year-old remanded over robbery charges
A 26-year-old man was remanded to prison yesterday over allegations he robbed four people at gunpoint of over $1,000 worth of money and merchandise on the same day...
July 17, 2019
BOC to assist federations in preparing funding requests
The Bahamas Olympic Committee (BOC) is prepared to be of assistance.
Auditors fail to verify 280,000 school payment
July 05, 2019
Auditors fail to verify 280,000 school payment
AUDITOR General Terrance Bastian has said the Bahamas Embassy in Washington DC did not receive any receipts over five years to verify that nearly $280,000 was paid to a school for tuition.
British tycoon and Albany developer Joe Lewis fined $5 million and given three years probation for insider trading
April 05, 2024
British tycoon and Albany developer Joe Lewis fined $5 million and given three years probation for insider trading
NASSAU, BAHAMAS — British billionaire and Albany developer Joe Lewis has avoided prison time after a US judge on Thursday ordered him to pay a $5 million fine and serve three years of probation for pleading guilty to what federal prosecutors described as a yearslong brazen insider trading scheme. Lewis, 87, pleaded guilty in January [...]
Former Crypto-Giant Jailed
March 28, 2024
Former Crypto-Giant Jailed
NASSAU, BAHAMAS – Former crypto-giant Sam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded. U.S. District Judge Lewis Kaplan handed down the sentence at a Manhattan court hearing after he rejected Bankman-Fried's claim that FTX customers [...]
Grant 'invited to CID' but no complaint after video
November 24, 2023
Grant 'invited to CID' but no complaint after video
POLICE said Bishop Ricardo Grant, the Free National Movement member who lost the race to be the MP for West Grand Bahama and Bimini, declined to file a complaint yesterday against a Bimini resident who alleged that he distributed money on his behalf before Wednesday's by-election.
September 21, 2023
Man fined $40k after police found drugs, ammo at his home
A 40-year-old New Providence man has been fined $40,000 after police found 15 pounds of marijuana and 50 rounds of ammunition at his home.
Bahamas Waste gets 50K carbon financing
May 29, 2011
Bahamas Waste gets 50K carbon financing
A renewable energy consulting firm believes the Bahamas is well-positioned to benefit from offsetting carbon emissions, with BISX-listed Bahamas Waste receiving $50,000 in "carbon financing" so far for its "green" efforts.
In doing so, it has become the first Bahamian company to be recognised for its carbon offsetting measures, and to receive so-called carbon financing in return. The first tran...
Paul Adderley's view of court sentences
June 06, 2011
Paul Adderley's view of court sentences
INSTEAD OF assisting the police in crime solving, many Bahamians like to sit back and fingerpoint, blaming one or other political party for its cause.
While crime and its root causes are complex, Prime Minister Ingraham told House members last week that society cannot expect change if it continues to accept the practice of politicians receiving gifts from criminals to support an election. Durin...
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