You are here: Home // Local

Utter Contempt for Bahamians!

Utter Contempt for Bahamians!
Tweet Baha Mar lights are even after owing BEC 19.5 Million while the straw vendor and domestic workers lights are off! PART 2 Workers headed home from Bah Mar on Monday! Nassau, Bahamas – On Monday before 2:00pm some two thousand employees at Baha Mar were told to vacate the property as an exercise to fumigate the entire area of pests began. Workers packed their belongings and went home. A short... 

Government Statement on Baha Mar

Government Statement on Baha Mar
Tweet Christie Cabinet press conference on Bahamar. June 30, 2015 – Nassau, Bahamas Yesterday, without notice, Baha Mar filed a bankruptcy Chapter 11 petition in Delaware USA. This action was taken at a point when my personal intervention over several months with all three parties involved, led to substantial agreement on a packaged solution for additional funding by China Export Import Bank, the... 

FNM Leader Dr. Hubert Minnis slams Christie GOVERNMENT over Baha Mar!

Tweet FNM Press Conference Statement after Baha Mar Bankruptcy Announcement Hubert Minnis – Leader of the Opposition Minnis: Christie Government flatfooted and in the dark yesterday when news of Baha Mar’s bankruptcy filing broke  Nassau, Bahamas – The following is a press statement released at a press conference held by the Free National Movement on Tuesday, June 30th: The FNM is deeply... 

Baha Mar Ltd. sues Chinese state-owned contractor over delays

Baha Mar Ltd. sues Chinese state-owned contractor over delays
Tweet More trouble ahead as Bahamar goes after China Construction in the UK! Opening of the new Baha Mar resort on New Providence island in the Bahamas is again delayed. The photo shows construction under way – FILE PHOTO. Photo: CRAIG KARMIN/THE WALL STREET JOURNAL Nassau, Bahamas — Just one day after filing for bankruptcy protection, the developer behind the troubled Baha Mar Resort &... 

Bahamar could not pay Scotia Bank its loan of $200 plus million in 2011! What makes the Christie Government believe Bahamar will pay its Chinese lenders $3.5 Billion?

Tweet BP investigation on Bahamar – Part I ROBERT Sandy Sands suggests Bahamians are not discplined enough to gamble? Nassau, Bahamas — When in 2011 Scotia Bank Bahamas Ltd. recorded its first ever loss in the country, we at Bahamas Press knew that something would go terribly wrong at Bahamar. Many forget how Bahamar could not meet that debt and had to hide behind an equity settlement in order... 

Man becomes the 74th homicide victim just minutes ago…

Tweet Photo used is a file photo from out of the area by J. Campbell…. Nassau, Bahamas — Breaking news coming into Bahamas Press right now confirms we have a fatal shooting at Wilson Track. The crime scene is located at the end of Andros Ave. east off East Street. The scene is bloody. The victim was shot to the upper body.  Read More →

Man shot in Ferguson Way off Carmichael Road last night!

Tweet POLICE SEARCHING FOR A CHAMPAGNE HONDA ACCORD VEHICLE USED DURING A SHOOTING INCIDENT Nassau, Bahamas — POLICE are searching a champagne Honda Accord vehicle used during a shooting incident that has left a man detained in hospital last night. According to reports, around 10:00pm last night a man was standing in front of a home located on Ferguson way off Carmichael Road, when the occupants... 

Prime Minister Christie issues statement on Bahamar following recent legal developments in US!

Tweet Serious problems could force Christie to turn to a robust family island development plans as concerns grow at Bahamar…. Nassau, Bahamas – The following is a statement by the Prime Minister of The Bahamas, the Rt. Hon. Perry Christie: I note the statement that has been given today by Mr. Sarkis Izmirlian that he and the Baha Mar group remain committed to the pursuit of an early and... 

FNM Leader set to hold press conference on Bahamar today!

Tweet Dr. Hubert Minnis The shocking news that Bahamar has filed for bankruptcy protection in the United States of America has caused disquiet and even a sense of alarm in our society. The Free National Movement deeply regrets that matters have come to such a pass and is particularly concerned about the well-being and job security of the thousands of Bahamians presently employed by Bahamar; and the... 

Breaking News Bahamar declared BANKRUPT in Delaware Court Today!!! BP IS LIVE!!!

Breaking News Bahamar declared BANKRUPT in Delaware Court Today!!! BP IS LIVE!!!
Tweet Breaking News >>> Bahamas Electricity Corp., owed $19.5 million by Bahamar!!!!! Bahamar Project now underway for West Bay Street… Baha Mar Resort Files Bankruptcy Blaming Contractor Delays!!! Delaware US – The owners of Baha Mar, a Caribbean resort project valued at more than $3.5 billion, filed for bankruptcy court protection in Delaware, blaming delays by the project’s... 
Copyright © 2007-2011 Bahamas Press. All rights reserved.