Thursday, August 1, 2013

No exploratory oil well drilling for Bahamas Petroleum Company (BPC) in Bahamian waters ...until the regulations that will oversee the industry are in place

No drilling before regulations in place

Minister says BPC license renewal came with ‘new requirements’


Scieska Adderley
Guardian Business Reporter
scieska@nasguard.com


The Bahamas Petroleum Company (BPC) will not be permitted to drill any exploratory wells in Bahamian waters until the regulations that will oversee the industry are completed.

According to Minister of the Environment and Housing Kenred Dorsett, these regulations will not be completed before the end of the year.

“You won’t see exploratory oil drills this year, that’s for sure,” he confirmed.

Last week, Simon Potter, BPC’s chief executive officer, revealed that the government has renewed the company’s five exploration licenses for another three years.

However, as part of its conditions for renewal, Dorsett said his ministry imposed new requirements that would ensure that no drilling would take place until the new regulations are in place.

“BPC’s license has been renewed. Under the license that they had, they indicated that renewal would be automatic once they applied for it and met a certain condition,” he said.

“Those conditions have been met but in addition to that, the government has imposed new requirements, which ensure that there will be no drilling whatsoever being able to be advanced until the new regulations are put in place.”

“We have indicated to them that while the license is renewed, it will also be subjected to a new environmental regulation that we intend to advance.”

Dorsett noted that his ministry is working with the attorney general’s office on the new regulations that will include a new legislative framework relating to oil exploration and drilling.

“As we indicated before, we are not only looking at the new legislative regime or petroleum exploration, but we are also looking to enhance the environmental aspects associated with that endeavor,” said Dorsett.

“So they will be subjected to those environmental regulations, which we are currently working on with the attorney general’s office.

“BPC has given us a timeframe for the end of this calendar year and so we are working assiduously to attempt to have it completed before then.”

In a recent interview with Guardian Business, Potter revealed that these license renewals now give the company the “authority” to drill a well and establish commercial reserves by 2015.

“The government has renewed our licenses for three years. That says to us by April 2015, you are to have drilled a well here in The Bahamas,” he said.

“This gives us the authority to go ahead and drill our well and try to establish those commercial reserves by 2015.”

Potter estimates the company will begin its oil drilling program in the latter part of 2014.

BPC was granted five oil exploration licenses in April 2007.

To date, BPC has invested $50 million in the country, with most of that spent on 3D seismic testing, and has completed its environmental impact assessment (EIA). Now, the company is working on its environmental management plan (EMP) to meet its 2015 obligation to the government.

July 31, 2013

thenassauguardian

Tuesday, July 30, 2013

Peter Nygard has betrayed The Bahamas / Bahamian People's hospitality by assuming to have more rights than a resident’s permit gives him in The Islands

Where Did Nygard Find The Ku Klux Klan?


Tribune242 Editorial



AT LEAST two of our readers are holding us to our promise to research Peter Nygard’s far-fetched claim that a racist gene is embedded in Lyford Cay neighbour Louis Bacon’s DNA.

Mr Nygard would be surprised to know how many Bahamians are incensed that after so many generations of struggle to bring all races in this country together as one people a foreigner has come into our midst to re-inject the racial virus and open up old wounds. Many believe that – despite his financial generosity — Peter Nygard has betrayed this country’s hospitality by assuming to have more rights than a resident’s permit gives him.

The quarrel between these two neighbours — Bacon and Nygard — is so intense that seemingly Mr Nygard can’t even present a donation without burdening his listeners with the Nygard-Bacon saga. It is almost like a plea to recruit Bahamian sympathy to his side in his campaign against Mr Bacon in return for his financial generosity.

This last episode, which resulted in our promise to our readers that we would research a statement by Mr Nygard, which was made at Mr Nygard’s home — Nygard Cay — when he presented a $10,000 cheque to the Acklins regatta. It could have been a very pleasant afternoon if Mr Nygard had not decided to turn it into a Bacon-bashing event. Possibly this was to deflect attention from reporters’ main interest — the extent of his financial generosity to the governing party, both before, during and after the 2012 election. Also reporters wanted to know what he expected from our government in return, especially in view of his latest video release announcing that he — Peter Nygard — had taken this country back. Mr Nygard will never know how much he has damaged himself and his government with this one presumptuous pronouncement. He must learn that people do not like to feel that they have been bought.

On the afternoon of the $10,000 presentation, Mr Nygard told reporters that Mr Bacon’s attitude against blacks was in the Bacon family’s blood line.

In fact, he said, it stemmed from a great grandfather — one Colonel Roger Moore — who, he claimed, was a high-ranking Ku Klux Klan member.

As we stated at the time, although no one can be held responsible for his ancestors, the story told by Mr Nygard is not the same as the one we discovered when we did a quick check before writing the July 16th article. However, we promised to do further research and report back to our readers.

Nevertheless, we did point out at the time that the Moore – later Bacon — plantation was owned by Mr Bacon’s great-grandfather 11 times removed in 1752. The Ku Klux Klan did not come into existence until a century later, around 1866.

As a result of a superficial search, we obtained the following from the US governmen’s Official Records p. 86-87, which is entitled the “Wilmington race revolution - the true story from the official records”.

“… the building caught fire soon after the arrival of the crowd. Many joined in the statement that the fire resulted accidentally. In any event the building was practically destroyed, the blaze, at the same time wiping out of existence the negro sheet which had carried the editorial defaming and traducing the white women of the South.

“When reports of the fire were received in the business district, considerable excitement prevailed. At the corner of Front and Walnut Streets, a large crowd of negro laborers, who were employed at the nearby cotton compresses, gathered. These colored people were not intent on making trouble. The fact is, the belief was expressed that few, if any, were armed. They were, rather, in a state of bewilderment, wondering what had happened, and what might eventuate.

“Colonel Roger Moore, as stated above, was in command of the entire situation. While controlling the assembled citizens at Front and Walnut Streets, Colonel Moore was harassed by two or three excitable, white men. They told him, in effect, if he did not give the order to fire into the negroes on the opposite corner, that they would do so. Without losing his head, but with calmness and determination, Colonel Moore responded to these hot heads. He said he had been placed in command by his fellow citizens. Until they recalled him he intended to remain in command. He said there was no occasion at this time for bloodshed and he certainly had no intention of having bewildered negroes slain in cold blood.

“With this announcement Colonel Moore told the several men who were commanding him to give the order to fire, that he would allow them exactly one minute in which to take their place in the ranks. If they did not comply immediately, then he would have them arrested and placed in jail until they cooled off. These men clearly perceived that Colonel Moore meant exactly what he said. They then lost no time in obeying his command.

“The actual outbreak, resulting in loss of life, happened in the northern section of the city, early in the afternoon. A negro fired into a crowd of white men, standing near the corner of Fourth and Harnett Streets. One white man was seriously wounded. Later, another was shot and painfully hurt. During the turbulence and conflict which resulted, it was estimated that from seven to ten negroes were killed.

“Realizing that the aid of military forces was essential, appeal had been made to the Governor for declaration of martial law. In the late afternoon, this step was taken. Several companies of soldiers from nearby points were ordered to Wilmington. Colonel Walker Taylor, of the National Guard, was then placed in command. With this step, the organized citizens forces which had been functioning on a quiet basis for a year or more under the direction of Colonel Moore, disbanded. There was no further need for their services. Colonel Taylor was a man of discretion and good judgment, and the situation within 48 hours was so much quieter, that the visiting troops were ordered home.

“Many negroes who were frightened to the point of distraction with the turn of events, went to the woods near the city. They thought their lives were in jeopardy. One of the last orders given by Colonel Moore before his authority was vested in Colonel Taylor, was to a number of white men. He told them to go in the woods, tell the negroes they could safely return to their homes, if they behaved themselves, and that they would be protected.“

This is obviously the story to which Mr Nygard referred, embellishing it with his own twisted anger against Colonel Moore’s descendent – Louis Bacon – who has lived quietly at Lyford Cay for many years.

If Mr Nygard has a problem with his neighbour, then let him find redress in the courts, not create divisions in our community over something that is none of their business.

July 29, 2013


Saturday, July 27, 2013

The hubris, narcissism and self-indulgence of Peter Nygard in The Bahamas ...have earned him the disgust of many Bahamians...

Perry Christie and the PLP’s Nygard Problem


By Simon
frontporchguardian@gmail.com


It wouldn’t be a PLP term in office without the party’s entanglement with highly controversial, eccentric and flamboyant foreigners seeking to use the country as an outpost for their curious interests, pressing for privileges to which they may not ordinarily be entitled.

Why do so many more of these characters flock to the PLP, like moths to a flame? It has to do with the party’s history, with Sir Lynden Pindling and his coterie of the compromised having fuelled and encouraged such a party culture.

It has also to do with the history of a number of the leaders and political parties which helped to usher in majority rule and independence in various former colonies.

Flushed with adulation and hero worship, and having gained political power and access to enormous economic wealth, many freedom fighters were lured into corruptions of power and money arising from their new circumstances and fortunes.

This happened most recently in South Africa under the African National Congress, now heavily criticized for corruption within its ranks, betraying the example set by Nelson Mandela.

Even the great Ghanaian independence leader Kwame Nkrumah gave in to corruption, as did Sir Lynden and his court, with an excessive lifestyle which demanded considerably more cash than a prime minister’s salary might afford.

Like the days of piracy and wrecking, the PLP have a particular talent for fleecing foreigners. Buyers beware. It is not only Bahamians who are at the mercy of the party’s broken promises. Many foreigners are also left waiting for promises which never materialize despite their generosity to certain coffers.

Casino license

Back when, there was Mike McLaney beseeching a casino license, which was faithfully promised to him by Sir Lynden were the PLP to win office. Having given the party electoral support which, according to a New York Times story included “cash, aircraft, boats, and a campaign headquarters on Bay Street” McLaney eagerly anticipated a license.

Though having described the PLP as being in his “ass pocket”, relations soured between Sir Lynden and McLaney as the latter’s reputation became better known. Sir Lynden eventually refused to meet with McLaney, who was subsequently labelled as an undesirable by a Commission of Inquiry.

Milked and bilked, McLaney left town broke, without a license. At the inquiry there was a discrepancy in the competing testimonies of the amount McLaney said he donated to the PLP, and the amount Sir Lynden said he received. Sounds familiar? Perhaps the old and the new PLP aren’t so different.

Then there was the fugitive U.S. financier Robert Vesco. Vesco fled the U.S. in 1973 to escape a Securities and Exchange Commission investigation concerning an alleged massive fraud by the financier estimated today at more than $1 billion.

He crisscrossed the region, finding governments that would give him protection from U.S. authorities, even allegedly attempting to purchase Barbuda from Antigua in order to make the former an autonomous country. A 2008 obituary of Vesco in the U.K.’s Guardian observed: “Vesco had cozied up to Nixon’s [U.S. President Richard Nixon] two brothers and employed his nephew Donald. ... As well, he found ways to reach Bahamas Prime Minister Lynden Pindling and Costa Rican president José Figueres via strategic loans, donations or investments.”

The PLP is particularly disposed to strategic loans, donations and purported investments from certain parties, domestic and foreign.

Among the worst were foreign drug lords, who seemingly had near carte blanche from the Pindling-led PLP government during the 1970s and 80s, making The Bahamas a “Nation for Sale”, a ruinous period from which we have still not recovered.

Bank license

On Prime Minister Perry Christie’s watch there was the likes of Iranian businessman Mohammed Harajchi, who desperately wanted the restoration of a bank license from the PLP, but which was never granted. Harajchi claimed that he gave a substantial sum to the PLP for the 2002 general election.

In response to Harajchi’s claims, Christie made one of those solemn, passionate and supposedly high-principled declarations for which he is famous: “My party is presently conducting an accounting of monies received from Mr. Harajchi but I can state with complete confidence that Mr. Harajchi’s claim that it was $10 million is an absolute lie. It was nowhere near this amount. It was but a fraction of this amount. Details of our accounting will be made public once completed.

“Ordinarily we would not disclose the source of campaign contributions but as Mr. Harajchi has made this a public issue we are obliged to present the detailed facts concerning his contributions as indeed we will do as soon as possible.”

This promise was made by Christie on August 12, 2004, almost exactly nine years ago. It follows a pattern: A heated denial, a promise of full accountability, followed by absolutely nothing, all of which calls into question the prime minister’s credibility on these issues. We still do not know how much money Mohammed Harajchi gave to the PLP.

And then there was the late Anna Nicole Smith, a B-rated celebrity and Playboy’s 1993 Playmate of the Year, to whom then Immigration Minister Shane Gibson gave special attention, personally handling and expediting her immigration request, going so far as to making a home delivery of a certain document.

Gibson resigned due to the controversy with Christie sitting next to him on television almost holding his hand in one of the more bizarre Cabinet resignation events in the Commonwealth Caribbean.

Despite its longstanding deeply entrenched culture of chronic incompetence under Christie, the PLP knows politics. Still, when it comes to certain zany foreigners and money flowing into PLP coffers, the party seems to lose perspective, a mixture of hubris and a bunker mentality.

Late-again, Christie could not or refused to see how rolling scandals like the Anna Nicole affair were to make his the first one-term government in an independent Bahamas.

Propriety

Fast forward to today. What Christie and the PLP seem to fail to understand is that the Peter Nygard matter is not a singular or stand-alone event in the minds of voters. Instead it is representative of a concern, like the Anna Nicole affair, of a PLP little concerned about questions of propriety and the kinds of perception it is creating.

Even worse is the suspicion by voters of ‘Corruption 2.0’ in the PLP, the sort of rolling scandals and unseemly dalliances with all manner of characters which led to the party’s loss in 2007. The Nygard matter capsulizes and crystallizes a widely held perception about the PLP.

Moreover, the Nygard matter has many more chapters. It is like a volcano that will spew all manner of material. Christie may well come to regret his effusive and gushing accolades to Nygard.

The now infamous YouTube sensation of the controversial businessman supposedly taking The Bahamas back is a watershed moment in Nygard’s relationship to the country.

The video speaks volumes about the hubris, narcissism and self-indulgence of a character who has now earned the disgust of many Bahamians, including many who formerly dismissed him as mostly clownish.

As more is disclosed on the lifestyle, employment practices and other controversies surrounding Peter Nygard, he will prove to be toxic to the PLP, including those who are so foolishly defending him now. The man who helped the party win office may now play a role in its defeat. Clearly, Nygard seems to have little sense of propriety and is unconcerned about certain perceptions. As a private resident that is his right. But those political figures still inclined to afford him a red carpet and a Junkanoo rush-out may be as short-sighted and as self-injected with hubris as is the foreign eccentric who is set to deeply embarrass the Christie administration.

July 25, 2013

thenassauguardian

Wednesday, July 24, 2013

The debate on the regulation of stem cell research and therapy

Consider this: The stem cell debate


By Philip C. Galanis
pgalanis@gmail.com


“Stem cell science is evolving rapidly and carries the promise of bringing us therapies that will revolutionize medicine.”

– Prime Minister Perry Christie

 

This week, the debate on the regulation of stem cell research and therapy in The Bahamas began in Parliament. The heated parliamentary debate was eclipsed by a certain mesmerizingly colorful personality, whose insinuation into the debate unfortunately distracted from the essence of the potential benefits and challenges of this controversial science. Therefore this week, we would like to Consider This... should we be concerned with regulating stem cell research and use for medical purposes in The Bahamas?

 

Stem cells

Stem cells are biological cells found in all multi-cellular organisms that can divide and self-renew in order to produce more stem cells. The importance of stem cells is that they can significantly regenerate or restore degenerating human cells, thereby contributing to the quality and longevity of human life. There are two broad types of stem cells: adult and embryonic stem cells.

Adult applications

In adults, stem cells act as a repair system for the body in order to replenish degenerating adult tissues. There are generally three sources of adult stem cells in humans:

1. Bone marrow – which requires extraction by harvesting, or drilling into bone.

2. Adipose, or fatty, tissue – which requires extraction by liposuction.

3. Blood – which requires extraction with blood being drawn from the donor passed through a machine that extracts the stem cells and returns other portions of the blood to the donor.

Adult stem cells are currently routinely used in medical therapies such as bone marrow transplantation. Stem cells can now be artificially grown through cell culture and transformed into specialized cell types with characteristics consistent with cells of various tissues such as muscles or nerves.

Of all stem cell types, harvesting involves the least risk. Cells are obtained from one’s body, just as a person can “bank” his own blood for elective surgical procedures.

Adult stem cell treatments have been successfully used for many years to treat leukemia and related bone or blood cancers. Additionally, in instances where adult stem cells are obtained from the intended recipient, the risk of rejection is essentially non-existent and the outcome much better for the patient. Consequently, considerable funding has been provided for adult stem cell research.

The use of adult stem cells in research and therapy is not as controversial as the use of embryonic or fetal stem cells because the production of adult stem cells does not require the destruction of an embryo or fetus.

Embryonic applications

In a developing embryo, stem cells can maintain the regenerative organs, such as blood, skin or intestinal tissues. Embryonic stem cell lines are cultures of cells derived from early stage embryos. Stem cells can also be taken from umbilical cord blood just after birth.

There are currently no approved treatments using embryonic stem cells in the United States. The first human trial was approved by the U.S. Food and Drug Administration (FDA) in January 2009, although human trial was initiated on October 13, 2010 in Atlanta for spinal injury victims. Because of their abilities for unlimited expansion, embryonic stem cells remain theoretically a potential source for regenerative medicine and tissue replacement after injury or disease.

Fetal and amniotic fluid stem cells

The primitive stem cells located in the organs of fetuses are referred to as fetal stem cells. The Roman Catholic Church forbids the use of embryonic stem cells in experimentation and medical application, primarily because the embryo or fetus has to be destroyed in order to access the stem cells for medical research or therapeutic applications. Stem cells are also found in amniotic fluid. Use of stem cells from amniotic fluid overcomes the ethical objections to using human embryos as a source of cells.

The stem cell act

On April 10, 2013, the prime minister introduced “A Bill for an Act to Regulate Stem Cell Research and Therapy in The Bahamas.” In presenting this bill, the prime minister admonished Parliament that “The Bahamas has an opportunity to become a world leader among nations in this field. This legislation is designed to help achieve that goal.” He also noted that the “act would create a strict oversight regime to ensure that no prohibited procedures occur in The Bahamas... and that every person who conducts research or provides treatment using stem cells must secure review by a Scientific Review Committee and an Ethics Committee, which must ensure that a sound scientific basis exists for permitting the proposed research or therapy to proceed.”

The official opposition’s objections

The official opposition has once again flip-flopped on its position regarding stem cell research and therapy. It has proven to be duplicitous and simply opposing for the sake of so doing, particularly since, while it was in office, the FNM government supported and allowed the establishment of stem cell operations in The Bahamas. In addition, prior to the debate, the opposition confirmed its support for this cutting edge medical procedure. In fact, while serving as the minister of health in the Ingraham administration, the current leader of the opposition strongly supported stem cell research in The Bahamas and, at that time, without the benefit of any regulations whatsoever. That the opposition and its leader have now reversed their position for a more regulated regime is the height of hypocrisy.

It is therefore commendable that The Bahamas government has sought to regulate stem cell research and therapy. The government has clearly indicated that it will not support embryonic stem cell research and therapy and will scrupulously regulate medical practitioners working in this field to ensure they do not stray into this prohibited area of stem cell research. This is extremely important because any support of embryonic or fetal stem cell application could greatly contribute to abortions in order to access embryonic or fetal stem cells.

Parenthetically, it is wholly unfortunate that a serious debate on this noble initiative was foiled by one whose fetish for flamboyance was featured in our local dailies for an entire week. But more about that in a future column.

Implications for The Bahamas

There is no mistake that, apart from progressive medical advancements that are likely to ensue from the legalization and regulation of this science, there is a tremendous financial windfall that will accrue for medical practitioners who engage in medical stem cell procedures.

Stem cell therapy also offers substantial medical tourism potential for The Bahamas. Medical tourists tend to travel in large groups, stay for long periods of time and spend considerable sums in many sectors of the society as they obtain the treatment that they are unable to access in their home countries. It is well known that the FDA tends to move at the pace of a snail wading in molasses to approve cutting-edge medical procedures and pharmaceuticals. As most of our tourists hail from the United States, that country will likely provide a plethora of patients in pursuit of stem cell medical treatments.

Conclusion

It is critically important for the government to focus its attention on redirecting and reframing the debate on this important development in medical science, so that Bahamians will fully appreciate the advantages that will accrue to The Bahamas, to Bahamians and to people from all over the world by the passage of this legislation and the accompanying regulations. It is now time to silence, not muzzle, stem cell detractors from what will undoubtedly positively contribute to the development of our country’s future.

• Philip C. Galanis is the managing partner of HLB Galanis & Co., Chartered Accountants, Forensic & Litigation Support Services. He served 15 years in Parliament. Please send your comments to pgalanis@gmail.com.

July 22, 2013

thenassauguardian

Tuesday, July 23, 2013

Rodney Moncur and the Negros’ News Network / African-Bahamian News Network

By Dennis Dames:



Have you heard about the Negros’ News Network / African-Bahamian News Network?  It’s an online / Facebook publication with Mr. Rodney Moncur as the Editor / Publisher in Chief.  It provides current news on the happenings in the Bahamian society; and its main staging ground is presently Facebook.  Mr. Moncur is live 24/7 with the political juice, fresh off the vine; while The Tribune, The Punch, The Nassau Guardian, The Bahama Journal and the rest sleep straight through the night. 

He is loved by thousands of his subscribers, and many are encouraging him to compete with the Tribune, Guardian, Punch and all the rest who think that they are the apple of the Bahamian readership eyes.  Will the Negros’ African-Bahamian Network become a competitive newspaper in The Bahamas soon?  We shall see.
In the meantime, Mr. Rodney Moncur is reporting the news uncensored and undeterred, while gaining the love and respect of his vast clientele; and he is doing it free of charge.  Could I have a free Tribune, Guardian, Punch, Journal and whatever else of news exists out there please?


Peter Nygard and his Stem Cell Concept ...to introduce an Anti-aging Treatment Facility using Stem Cells

Nygard Talks Of His Stem Cell Centre


Tribune 242 Editorial



AT a press conference at his Lyford- Nygard Cay home last Monday Peter Nygard called The Tribune “silly” to think that he would create a stem cell centre in his own backyard.

In fact Mr Nygard expressed it in far more colourful language, so here goes – Nygard at his best:

“Stem cell facility here...there is another silly thing The Tribune wrote as if we are going to do a stem cell facility here as if there is a secret agreement...my goodness how can you stoop to such stupidity who in hell would ever even conceive that – it doesn’t make any sense at all to fabricate such a silly story if a stem cell facility and medical facility (will be built) it’s going to be a grand facility that will be a centre core to attract everyone else to it and it has to be a substantial business that would attract some of the smartest people in the industry but it needs to be the trophy of the Bahamas.”

So that is settled. This statement from the great man himself will obviously allow many Lyford Cay residents, who believed he had plans for an international youth rejuvenating centre at Nygard Cay, to sleep more peacefully tonight.

As a matter of fact, the only thing that makes The Tribune “silly” is that it believed Mr Nygard at all — and we even question whether we should believe him now. You see on June 19th last year, it was Mr Nygard himself who said that his spa was planned for Nygard Cay. He is recorded as having told the Bahamas Investment Authority: “The original concept is to house this facility in the same location as Nygard Cay, but to change the look and feel of some of the buildings.”

Are we to now believe that he has had a mind change? We hope so.

At least one Lyford Cay resident was also greatly relieved to learn that Mr Nygard is not a Bahamian, despite the assurances given in the House of Assembly last week by none other than MICAL MP V Alfred Gray that he was.

“Mr Nygard is a Bahamian,” Mr Gray told parliamentarians, “he is a philanthropist, and I think he has given more to this country than many other Bahamians – including those who criticize him.”

That was surely a mouthful from the cocky, little Mr Gray.

However, before the Assembly adjourned to this morning Mr Nygard’s Immigration file was pulled and the public was assured that Mr Nygard was in fact a permanent resident —not a Bahamian citizen. He had no more rights than any other permanent resident.

The Tribune, hearing the complaints of Lyford Cay residents, believed what it had been told about the location of the stem cell centre — which had been confirmed last year by none other than Mr Nygard. The argument was that the area was zoned as residential and private. Many a resident’s convenants would have been breached if the gates had been thrown open. There was much chatter of law suits if the area were commercialised.

The problem that residents faced was that the security, peace and quiet of Lyford Cay was about to be changed — a possibility that its Canadian developer EP Taylor could not have conceived in 1948.

Apparently, in developing Lyford Cay, Mr Taylor carved out for himself what is now Nygard Cay, minus all the restrictive covenants required of those buying property in Lyford Cay.

Mr Taylor also retained for himself, family and staff all the easement rights over the road and pathways in Lyford Cay, which led to his home. Mr Taylor could never have anticipated a Peter Nygard who would want to change all of that.

In June last year, Mr Nygard met with the Bahamas Investment Authority, headed by Sir Baltron Bethel, government’s senior policy adviser, to discuss his plans to restore parts of Nygard Cay damaged by fire. Also his proposal for a Medical Spa that would specialise in stem cell research and treatment.

Mr Nygard told the meeting that he planned to invest about $50 million in all — $29 to $30 million to restore Nygard Cay and $26 to $30 million invested in building a medical spa.

The whole concept seemed to be planned as one large unit at Nygard Cay. In fact that is what Mr Nygard told the Investment Authority last year. Obviously in view of last week’s statement when Mr Nygard virtually told The Tribune it was “silly” to believe his first statement, he has now changed his mind. If there is ever to be a stem cell centre it will not be at Nygard Cay.

It is understood that his stem cell concept was to introduce an anti-aging treatment facility using stem cells.

He said his vision “would be to put together an environment where the Bahamas can practice the most advanced medicine in the world, and do it within the regulatory lines of the government.”

The only problem is that we understand that there is another developer, whose plans have already been approved in principle by the Ingraham government. He has already invested millions into preparing a facility in Freeport and was just waiting for the legislation to be passed to proceed with his plans. We understand that his plans have also been approved by the medical ethics authority.

We shall now see if our legislators are in a position to objectively decide which plans will be best for the future of this country and its people.

July 22, 2013


Monday, July 22, 2013

Prime Minister the Rt. Hon. Perry G. Christie on Protecting The Bahamas Natural Environment at All Times ...in the Best Interest of the Bahamian People

Bahamas Government Protecting the Environment of Bimini



By Llonella Gilbert
BIS




BIMINI, The Bahamas -- Prime Minister the Rt. Hon. Perry G. Christie said the Government and developers will ensure that the jetty and terminal to be constructed for the Bimini Superfast “will neither be obstructive in appearance nor cause damage to the environment, which must be protected at all times”.

The developers will complete, at their own expense, the construction of a deep water jetty and terminal for the berthing of the Superfast Ferry, the Prime Minister explained while speaking at Resorts World Bimini after the inaugural voyage of the Bimini Superfast with passengers from the Port of Miami, Saturday, July 20.

He said, “I do know that in the nature of things in The Bahamas, there will be the rumblings and the beginnings of some grouping that says it is concerned about the environment in Bimini.

“Well, I want them to know that as a prime minister, I anticipated them, I will continue to anticipate them and all of our efforts will be to ensure that even if they want to go to court, we will be able to take them on wherever they want to go and whatever they want to do, because all of our efforts are driven by a commitment to ensuring the maximum effort in protecting the environment of these areas being developed.”

He said it is important to the Government for future generations of Bahamians and visitors to enjoy the island and not have its beauty destroyed.

The Bimini Superfast, which has the capacity to travel with 1500 passengers, made the voyage with 600 specially invited guests, which included the Minister of Tourism the Hon. Obie Wilchcombe; Senior Policy Advisor, Office of the Prime Minister Sir Baltron Bethel and Chairman of Resorts World; the Genting Group (a leading international resort, gaming, cruise line, agriculture and energy conglomerate based in Malaysia), K. T. Lim; government officials and the media.

Prime Minister Christie explained that the developers, which include The Genting Group and RAV Bahamas Ltd. led by Geraldo Capo, have been required to pay a substantial sum of money by Government appointed auditors to conduct an environmental impact assessment study of the jetty and terminal.

He added that the Government has also brought in its own experts and specialists, a well-known international firm from Canada, to do a microscopic examination of what the developers' experts have said should happen and how the development should take place.

“We are taking steps in the best interest of the Bahamian people.”

Minister Wilchcombe said the introduction of the Bimini Superfast represents a new era for the island.

“It is the giant step we have taken toward the economic sustainability of the island of Bimini.”

He also stressed that the people of Bimini would not be left behind as the developments take place.

“The Prime Minister based the entire programme upon causing for the involvement of the Foreign Direct Investment but also calling for Biminites and people of The Bahamas in their respective constituencies to be a part of the developments.”

Mr. Lim explained that the ship has been refurbished at the cost of $100 million.

He said they want to build the jetty and terminal because in the winter the waters will turn rough and the use of tenders to bring the visitors to the island would not be plausible.

The ship is now travelling to the island from Miami daily.

Mr. Lim also explained that the ship would bring a lot of benefits for Biminites and these include getting fresh produce from Florida daily and more tourism dollars as more visitors make their way to the island.

He added, “We want to do more. We are in the process of getting a private jet that will bring people in from Mexico City and New York City directly to you.”

July 21, 2013

Bahamas.gov.bs