• Contact
  • Legal Pages
    • Privacy Policy
    • Terms of Use
    • DMCA
    • Cookie Privacy Policy
    • California Consumer Privacy Act (CCPA)
No Result
View All Result
Sunday, December 21, 2025
The American News
ADVERTISEMENT
No Result
View All Result
The American News
No Result
View All Result

‘No corruption’ over Baha Mar

by theamericannews
October 23, 2024
in Bahamas
0
300
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT

FOREIGN Affairs Minister Fred Mitchell. Photo: Dante Carrer

By LEANDRA ROLLE 

Tribune Chief Reporter 

[email protected] 

PROGRESSIVE Liberal Party Chairman Fred Mitchell dismissed corruption allegations involving Christie administration officials during the Baha Mar saga as “salacious,” saying no proof had been provided to support the accusations.

In a video sent to The Tribune, he sought to downplay the verdict of New York Judge Andrew Borrok, who awarded Sarkis Izmirlian $1.6bn in damages and interest over his fraud and breach of contract claim against China Construction America (CCA). 

Mr Mitchell had accused Mr Izmirlian, Baha Mar’s original developer, of promoting a narrative that does not align with the facts.

He urged the public to be cautious in their commentary about the ruling and advised Bahamians to be “sceptical” about anything that arises concerning the judgement.

“It is unfortunate that you have an investor having lost an investment, largely by what happened out of his own hand, now seeking to ascribe blame to others, but the main issue for us is The Bahamas government has no liability which arises out of this. Baha Mar is safe as an investment,” he said.

“And then lastly, all of the salacious stuff which came out of the develop- er’s statement about how there was a collusion with corrupt behaviour officials, there is no evidence of that either.”

Mr Izmirlian and CCA have been embroiled in a protracted legal battle over the latter’s commitment to the Baha Mar project, with Mr Izmirlian blaming the Chinese state-owned contractor for the liquidity crisis that led to his ouster as developer after CCA missed the target opening date.

The judge found that Mr Izmirlian’s fraud claim against CCA was “established beyond doubt,” noting that the contractor “knowingly and falsely” promised to meet the revised March 27, 2015, opening date for Baha Mar while concealing the unlikelihood of achieving it.

Judge Borrok ruled that the “evidence establishes” that the $2.3 million paid by CCA to Notarc Management Group, a company run by Sir Baltron’s son, Leslie, was intended to “curry favour” and “gain access” to Mr Christie’s senior policy advisor and the Bahamian government during the peak of the Baha Mar dispute.

The ruling’s findings have renewed concerns about the then-Christie administration’s handling of the Baha Mar dispute and the broader implications for governance in The Bahamas, prompting opposition calls for an independent investigation into the allegations.

Mr Mitchell dismissed the opposition’s concerns and questioned when Michael Pintard, the party’s leader, would support Bahamians and the country.

“He has a pattern of this without checking the facts,” he added.

He noted past court judgments condemning FNM members for interference in Bahamian cases, suggesting a lack of consistency in their support for the justice system.

For his part, Health and Wellness Minister Dr Michael Darville said the ruling will not affect his ministry’s efforts to secure funding from the China Export-Import Bank to build a new hospital.

Dr Darville said the ministry’s funding mechanism is distinct from the private agreement involved in the Baha Mar project.

“This is a country-to-country transaction where this administration is going into a business relationship with the Chinese government, directly by way of concessional loans,” he said. “These concessional loans are loans that are accessible in the Caribbean and other countries to be able to access funding from the EXIM bank at low interest rates. We don’t anticipate a similar situation.”

Source link : http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=6719050de3394aeab89d239ce2b65578&url=https%3A%2F%2Fwww.tribune242.com%2Fnews%2F2024%2Foct%2F23%2Fno-corruption-over-baha-mar%2F&c=7638119054303229679&mkt=en-us

Author :

Publish date : 2024-10-23 03:08:00

Copyright for syndicated content belongs to the linked Source.

Tags: AmericaBahamas
ADVERTISEMENT
Previous Post

Shell to acquire combined-cycle power plant in priority U.S. trading market

Next Post

America’s Best in-State Hospitals 2025

Next Post
America's Best in-State Hospitals 2025

America's Best in-State Hospitals 2025

Embark on an Unforgettable Adventure Aboard the MSC World America!
Canada

Embark on an Unforgettable Adventure Aboard the MSC World America!

by Victoria Jones
December 21, 2025
0

Step aboard the MSC World America with ELLE Canada Magazine and immerse yourself in a world of luxury and innovation!...

Read more
June Sees a Decline in Cayman Travelers Heading to the US Amid Global Economic Challenges

June Sees a Decline in Cayman Travelers Heading to the US Amid Global Economic Challenges

December 21, 2025
Journey from California to Colombia: Unveiling a Happier, Safer Life!

Journey from California to Colombia: Unveiling a Happier, Safer Life!

December 21, 2025
Skyward Turmoil: How Avianca Flight Disruptions Are Shaking Up Travel in Costa Rica and Central America

Skyward Turmoil: How Avianca Flight Disruptions Are Shaking Up Travel in Costa Rica and Central America

December 21, 2025
New Visa Restrictions Target Cubans Participating in Labor Export Program

New Visa Restrictions Target Cubans Participating in Labor Export Program

December 21, 2025
Dominican Republic Takes Bold Steps to Combat Drug Trafficking by Opening Restricted Areas to U.S

Dominican Republic Takes Bold Steps to Combat Drug Trafficking by Opening Restricted Areas to U.S

December 21, 2025
Major Drug Bust: US and Dominican Forces Join Forces to Uncover Massive Cocaine Haul!

Major Drug Bust: US and Dominican Forces Join Forces to Uncover Massive Cocaine Haul!

December 21, 2025
Exciting News: Saint Kitts and Nevis, Haiti Join the CAF Family as New Shareholders!

Exciting News: Saint Kitts and Nevis, Haiti Join the CAF Family as New Shareholders!

December 21, 2025
U.S. Northern Command Wraps Up Exciting Arctic Edge 2025 Exercise!

U.S. Northern Command Wraps Up Exciting Arctic Edge 2025 Exercise!

December 21, 2025
ASU Pioneers the Path to Achieving UN Sustainable Development Goals Nationwide

ASU Pioneers the Path to Achieving UN Sustainable Development Goals Nationwide

December 21, 2025

Categories

Archives

December 2025
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031  
« Nov    
  • Blog
  • California Consumer Privacy Act (CCPA)
  • Contact
  • Cookie Privacy Policy
  • DMCA
  • Privacy Policy
  • Terms of Use
  • The American News

© 2024

No Result
View All Result
  • Blog
  • California Consumer Privacy Act (CCPA)
  • Contact
  • Cookie Privacy Policy
  • DMCA
  • Privacy Policy
  • Terms of Use
  • The American News

© 2024

Go to mobile version

1 - 2 - 3 - 4 - 5 - 6 - 7 - 8 * . *