London, UK — There are governments, which run the affairs of the public in absolute transparency and accountability, and there are some who operate in absolute obscurity; they hide and lie about almost everything. The Ingraham Government is one such obscure bunch that continues to sell the nation in a fire sale one item after the next.
Readers would remember how they “TRUSTED” the Chinese to build roadways, namely the new four-lane highway that will run from the LPIA in the western area of the country. The Chinese are now here, and again they say not a damn word to the public. There has been no official ceremony, no announcement and no bidding process for the construction.
The same was done for the construction of $120 million city roadway overhaul “Trusted” to an Argentine company, Jose´ Cartellone Construcciones. In this case, while there was an official signing over ceremony there has been no local participation in the construction.
Bahamas Press wonders what kind of message has been sent to the hundreds of construction, piping, drilling, Mack truck operators and paving companies in the country? Have Bahamians become foreign to their government? Or are we simply being ignored?
Today it is BTC, the fatted calf, which pays the government $100 million annually in dividends. Here lies a company, which earns over $361 million gross every year, is now being sold for chicken feed to a Caribbean fruit called LIME [Cable and Wireless].
Hubert Ingraham boasted how he made lemon-aide out of Baha Mar, but failed to tell the people what cocktail he mixed in the BTC deal. And here is where our story begins.
Documents shown to us by officials in the Office of the Prime Minister confirm the PM upon his last visit to London met with the owners of Cable and Wireless to possibly seal the deal on the sale of BTC. On that same trip many would remember, he also met with the owners of the third largest telephone company in China. But while that meeting was announced, not a damn word was said about the meeting with Cable and Wireless. We wonder why?
Residents are familiar with the new terms associated in the BTC deal. The Ingraham government is actually selling the cash cow for far less than it is valued in the market. The $210 million amount announced last week has since been drastically reduced. More than $15 million will be left in the bank to fire workers and the people of the Bahamas will pay some $45 million back into the company for pension holdings. What is the net result? The mongrels we elect to office will sell our asset for less than $150 million, and will sell BTC this time to foreigners, with interest in a subsidiary of Cable and Wireless who may also be associated with Bell Island – Exuma Land and Sea Park Massacre! Somebody needs to come clean even if they come rough dry.
Readers would remember Keod Smith’s battle to stop the dredging on Bell Island and we all are now getting a clear picture of the whole painting now hanging in public view. The owner of the island may have a 51% ownership in one of Cable and Wireless subsidiaries, and here is where our story gets interesting.
Hubert goes to London, meets with C&W owners and he says nothing to the public. Meanwhile his sidekick Earl ‘Helicopter’ Deveaux approves the dredging at Bell Island for whom?
What is more mind-boggling is this; there has been no bidding or announcement of potential bidders in the “fire sale” of the telephone giant. The Ingraham Government largesse to the principals of the London base Cable and Wireless company is indeed striking, and will be the timber to strike this ‘Wutless’ government out of power for years to come.
How could men and women sit in the Cabinet and witness this backside rape of Bahamians? Maybe because they are “IN THE ROOM” and the action is sweeter than what meets the eye “OUTSIDE THE ROOM”. Whatever the case may be all we say is this; what is happening to the Bahamian people is criminal and 5 years in the opposition jail would not be enough. Some people may need to be hog tied and publicly whipped.