THURSDAY i’m lovin’ it!
HIGH 77ºF LOW 69ºF
The Tribune Established 1903
24/7 BREAKING NEWS ON TRIBUNE242.COM
Biggest And Best!
OBITS
VOLUME:116 No.36, FEBRUARY 14TH, 2019
THE PEOPLE’S PAPER:$1
OFFICIA
CLASSIFIED TRADER: CARS, CARS, CARS & MORE CARS
INSIDE
L SOUR CE
Reckley denies $1.2m fraud
FORMER Urban Renewal Deputy Director Michelle Reckley pictured outside court yesterday where, along with five others, she was charged with defrauding the government. Photo: Terrel W Carey Sr/Tribune Staff
By RICARDO WELLS Tribune Staff Reporter rwells@tribunemedia.net FORMER Urban Renewal Deputy Director Michelle Reckley was charged yesterday with defrauding the government of $1,255,637.83 via the Urban Renewal Small Homes Repair programme in Grand Bahama. Reckley, 58, was arraigned alongside five others – James Hall, 49; Kylon Vincent, 26; Christopher Symonette, 59; Stefanie Collie, 27; and Joseph
Lightbourne, 40 – all appearing before Chief Magistrate Joyann Ferguson-Pratt where they entered not guilty pleas to 59 total charges. Reckley faces 21 charges. She stands accused of laundering $317,822.18; attempting to launder $172,646.18; extorting another $71,062.18 and engaging in corrupt deals valued at $230,000. It is alleged that Reckley and Hall between Monday, SEE PAGE THREE
EU’S ‘HIGH RISK’ LIST: GAMING SETTLEMENT WE MUST SOLDIER ON COSTS GOVT $25M By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net
THE Attorney General yesterday said The Bahamas must “ride out the storm and soldier on” after the European Union branded it a “high risk” jurisdiction for financial crime. Carl Bethel, QC,
told Tribune Business that he had sought to persuade the 28-nation bloc as late as last week that The Bahamas’ “outstanding progress” in addressing previously-identified regulatory deficiencies meant it should not be labelled as such.
FULL STORY - SEE BUSINESS
By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net
THE government has agreed to forego $25m in annual revenues to settle the taxation dispute with the web shop industry, a Cabinet minister revealed yesterday. Dionisio D’Aguilar, who has
Nassau & Bahama Islands’ Leading Newspaper
responsibility for gaming, said that the government was now projected to earn $50m per annum - rather than the initially forecast $75m - from a combination of the revised “sliding scale” tax on operators and the levy on patron winnings. FULL STORY - SEE BUSINESS