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1.3m files leak in Bahamas Papers L! ADS SEL PHOTO 351 002 / 502-2
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Watchdog puts nation’s company registry online By AVA TURNQUEST Tribune Chief Reporter aturnquest@tribunemedia.net FIVE months after the country’s financial services sector was dragged into the spotlight as a top tax haven in the infamous “Panama Papers�, international watchdogs yesterday unveiled a free online database created from 1.3 million leaked files from the Bahamas’ corporate registry. The database by the International Consortium of Investigative Journalists (ICIJ) circumvents the local register’s costly retrieval fee and incomplete online registry by providing, for the first time, a publicly searchable forum of the names of directors and
some shareholders of more than 175,000 Bahamian companies. Released in tandem with detailed reporting on the offshore links to highprofile international politicians, including UK Home Secretary Amber Rudd, the latest instalment to the massive Offshore Leaks Database created by the ICIJ has labelled the country as the “Switzerland of the West�. The reports detail the country’s longstanding struggle with international tax agencies, namely the United States’ Internal Revenue Service and the Organisation for Economic Cooperation and Development (OECD), since the 1930s. SEE PAGE SIX
A JUDGE declared yesterday that a site visit to Lyford Cay was necessary to determine whether one of its residents, Peter Nygard, had illegally increased the size of his property. Justice Rhonda Bain’s ruling on the matter followed after Mr Nygard, a Canadian fashion designer, gave notice to the Supreme Court that he would not be able to make his property accessible to facilitate the ongoing case. It was a dif-
ferent position from a hearing on August 9 when Gia Moxey, who appeared for Mr Nygard, confirmed to Justice Bain that her client would make himself available the full week of October 3 for the continuation of the case, which included a site visit to Nygard Cay. Justice Bain, in her written ruling, said: “Even though no application has been made for inspection (all parties agree to the inspection) the court in its inherent jurisdiction, may make an order for inspection. SEE PAGE 12
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PROGRESSIVE Liberal Party Chairman Bradley Roberts has defended the Attorney General’s decision not to issue a no prosecution direction to the court, effectively stopping criminal proceedings brought by union officials against Sandals Royal Bahamian and two of its senior executives. According to Mr Roberts, the nolle prosequi was issued by the Office of the Attorney General because it determined it was an “abuse of the judicial process� to have the criminal SEE PAGE TEN
RODNEY Moncur pictured yesterday speaking to the press, alongside Wayne Munroe QC. Photo: Tim Clarke/Tribune Staff
URCA SLAMMED FOR PROBE OF RODNEY MONCUR RADIO SHOW By NICO SCAVELLA Tribune Staff Reporter nscavella@tribunemedia.net  A PROMINENT attorney has criticised the Utilities Regulation and Competition Authority for demanding recordings of his client’s radio show for investigative purposes, calling it and the organisation’s general crackdown on broadcasters an “admission� by the regulator that it hasn’t been “doing its job.� Wayne Munroe, QC, said URCA’s September
15 demand for recordings of Rodney Moncur’s show “Freedom March� which airs on ZSR 103.5 FM to determine if the station has contravened the authority’s Code of Practice for Content Regulation suggests that the regulator “may be kind of clueless� about its responsibility to govern the airwaves. He asked: “Which rocket scientist regulating broadcasting determines that they will not record it?� Mr Munroe said UR-
CA’s demand is in effect a “disclosure� that it “hasn’t been doing its job up to September 2016 and counting,� and as such called on URCA to hire someone in its technical department “who could understand the needs that a regulator has to regulate content� and secure its own recordings. The harsh words by Mr Munroe come on the heels of URCA’s announcement on Friday that it would be cracking down
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By KHRISNA VIRGIL Deputy Chief Reporter kvirgil@tribunemedia.net  ATTORNEY General Allyson Maynard-Gibson’s issuance of a nolle prosequi to discontinue court proceedings against the Sandals Royal Bahamian Resort and two of its senior executives was an “abomination� to justice, said Long Island MP Loretta ButlerTurner as she questioned whether the government conspired with the hotel when it terminated hundreds of workers. This “secret,� “suspicious� and “expedient� directive of no prosecution to the Magistrate’s Court to drop the criminal action on August 15 was condemned by the MP, who said it also raised concerns over the constitutionality of the government’s actions. SEE PAGE TEN
PLP CHAIRMAN BACKS AG FOR ENDING CASE AGAINST RESORT
JUDGE RULES SITE VISIT NEEDED TO NYGARD HOME By LAMECH JOHNSON Tribune Staff Reporter ljohnson@tribunemedia.net
SANDALS CASE MOVE ‘IS AN ABOMINATION TO JUSTICE’
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SEE PAGE SIX
COLLIE WARNS BUTLER-TURNER MUST WIN OVER CONSTITUENTS
BY SANCHESKA DORSETT Tribune Staff Reporter sdorsett@tribunemedia.net  FREE National Movement Chairman Sidney Collie said yesterday that despite the party throwing its full support behind Loretta Butler-Turner, the Long Island MP has “a lot of work to do� to win over her constituents before the next election. Mr Collie told The Tribune that while in Long Island over the weekend with FNM Leader Dr Hubert Minnis and other party executives, he heard “rumblings� of dissatisfaction. He said party executives were approached by persons who said they no longer supported Mrs Butler-Turner. SEE PAGE SEVEN