A Chairman of a Gov’t Corporation is BP’s NEWEST ‘HOG OF THE WEEK’!

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Junior Minister of Finance, Zhivargo 'MONAVIE' Laing, one of the geniuses who has a degree in Economics - With focus on the study of farm animals - .

Bahamas Press reports yet another Chairman of a Government Corporation has been given full grease and fat via instructions from the ministry of finance, and here’s what we mean.

We have been reliably informed by operators of the Government purse that the Chairman of a Government Corporation, who also owns an insurance company near the city area of Nassau, has been granted authorization to be the sole company to insure all public vehicles throughout the country.

We are told by persons in the know, that a directive from way up on high has come down to point all departments in the Public Service to have government vehicles to be licensed with the company of the Chairman.

We are told in this case once again, no bidding process has been carried out to award such, nor has there been any official notice by the OUTGOING FNM REGIME for submission of bids by other competing insurance companies.

This latest blow to the struggling insurance market would mean; scores of rival insurance companies would have to trim its own fat and downsize, while the single company eats up all the fat.

Some People have no DAMN SHAME!

The Chairman is now BP’s Hog of the Week!

  • Greentea

    I guess this no nothing , do nothing Chairman should be taken care of for all the “slips through the cracks” that passed through him.

    The executives at that corporation are digging a swimming pool around him.

  • Just to change things a little that voluntary package that persons at BTC had one year to decide if they want it has been shorten to 3 months.

  • I am asking BP to name that chairman.You can send it to me by e-mail.

    • media

      Stay tuned it is deeper than ya think, but please go wash ya feet.

      BP

  • There is no shame in FNM -POLITICS. Give them CREDIT for giving it to a Bahamian. Obviously, the Prime Minister did not have his hand in this, or he would have found a way to give it to a FOREIGN Insurance Company.

    • media

      We never said he did, but knowing him to be the dictator he is, WE CANNOT RULE HIM OUT!

      BP

  • Why don’t you call names BP….

    • media

      We ga call the HOG name soon!

      BP

  • IKB

    BP I have no sympathy for any insurance company! They along with the banks have been the chief rapist of the citizens of this country. Being raped is just a little way to show them what it feels like. I don’t agree that this would hurt them. Look at the amount of property insurance we pay with no major disasers in years, very few fires, so where is all that money going? To fat bonus and new fancy buildings.