Neil Hartnell

A SECURITY contractor for Old Bahama Bay’s owners has recommended they file formal complaints with the Royal Bahamas Police Force’s (RBPF) internal affairs unit, and launch legal action against the Government, over “unauthorised interventions” by senior officers over the resort’s repossession.

A BAHAMAS-BASED fifth-generation family office, whose roots trace back to Royal Bank of Canada’s (RBC) longest-serving president, yesterday vehemently denied “without reservation” the Securities Commission’s allegations that “fraud” or “dishonesty” were committed by itself or any representatives.

THE GOVERNMENT needs to better explain the gulf between the $1bn increase in the national debt during the 2025-2026 Budget year and its $121.2m fiscal deficit, a senior banker said yesterday, branding it a “significant disconnect” between the two.

Doctors Hospital plans to slash the deposit requirement for patients to access its emergency room services by one-third after cutting losses on unpaid medical bills and other assets below its annual 3 percent of sales target ratio.

A BAHAMIAN developer yesterday warned this nation will become “increasingly uncompetitive in construction” versus its Caribbean rivals if Bahama Rock’s aggregate production halt leads to protracted supply shortages and worsens already-spiking materials costs.

BAHAMA Rock yesterday confirmed it will likely “close permanently” if the Government fails to approve access to a new aggregate source on the 515-acre former Bahamas Cement Company property that it acquired last year.

A BAHAMIAN bank has defeated a breach of contract and negligence claim brought by a foreign client over the allegedly “unauthorised” transfer or £3.5m from her account even though a Supreme Court judge found its “procedures were open to criticism”.

THE $200M Rosewood Exuma developer has revealed it was unable to lodge the environmental bonds mandated by its permits because the Government’s regulator has yet to set-up the required payment infrastructure.

A LONG-SERVING Bimini dock master yesterday hailed last weekend’s US Labour Day holiday as “one of the busiest I’ve seen for a long time” for the island’s marinas and hotels although other Bahamian boating destinations did not fare so well.

THE NASSAU Airport Development Company’s (NAD) top executive yesterday revealed it plans to conclude the process of selecting a developer for its proposed hotel before year-end 2026 with public consultation over the project’s environmental impact set for September 29.