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The Tribune
Volume:115 No.65, FEBRUARY 23RD, 2018
Established 1903
Weekend
WEEKEND: THE BELLES OF THE HEART BALL
Oban boss’ $650k debt to US taxman By KHRISNA RUSSELL Deputy Chief Reporter krussell@tribunemedia.net
PETER Krieger, nonexecutive chairman and the face of Oban Energies, was not only in problems with the Securities Exchange Commission, but also faced a federal tax lien for more than half a million dollars in unpaid taxes. In total, Mr Krieger had an unpaid balance of $653,006.12 owed to the Internal Revenue Service, which noted there was a lien in favour of the United States government on all property and rights to property belonging to Mr Krieger, and added that additional penalties, interests and costs could possibly accrue. It is unclear whether this debt was ever settled. Mr Krieger signed a heads of agreement with the government on Monday on behalf of Oban Energies,
the company proposing a $5.5bn oil refinery in East Grand Bahama. Yesterday, it emerged Mr Krieger had at one point, entered a plea of guilty on one count of organised fraud in the first degree for obtaining property valued at more than $50,000 in violation of Florida statutes. This is a felony charge. The Tribune yesterday obtained documents, filed in the Palm Beach County Court House, showing the hold on Mr Krieger’s property was connected to the tax period ending December 31, 2004. The fraud charge was filed in 2006 in the circuit court in West Palm Beach, Florida. When Mr Krieger spoke to The Tribune earlier this week in relation to the fraud he admitted only to having paid a civil fine for action taken by the SEC.
NASSAU’S WAKANDAN WARRIOR
THE Deputy Prime Minister yesterday urged Grand Bahama to look beyond the controversy and focus on the $5.5bn Oban Energies project’s benefits, saying: “There’s more to the story than what you see.” K Peter Turnquest, addressing the 20th annual Grand Bahama Business Outlook conference, tackled the concerns swirling
By NICO SCAVELLA Tribune Staff Reporter nscavella@tribunemedia.net A CARETAKER who had worked for an 86-yearold woman, who he had brutally stabbed to death in her Dannottage Estates home a decade ago, was yesterday sentenced to 40 years in prison by an acting Supreme Court judge. Acting Justice Andrew Forbes sentenced Sandor Fowler to 48 years imprisonment for the murder of Iris Archer in April 2008, who he had stabbed multiple times in her chest with a kitchen knife. When that knife broke, he got another one and kept stabbing. Archer was also set on fire after lighter fluid was poured over her as she pleaded for her life. SEE PAGE THREE
By MORGAN ADDERLEY Tribune Staff Reporter madderley@tribunemedia.net
SEE PAGE SIX
around revelations that Peter Krieger, Oban Energies’ non-executive chairman and public face of the multi-billion dollar project, settled a Securities & Exchange Commission (SEC) lawsuit alleging misappropriation of investor funds. “I know that there is a lot of talk about what happened with Oban, but I want Grand Bahamians to focus on the benefits.” FULL STORY - SEE BUSINESS
40 YEARS FOR BRUTAL GRANDMA’S MURDER
CEMETERY PLAN - OVER OUR DEAD BODIES
TURNQUEST: FOCUS ON THE BENEFITS By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net
THE PEOPLE’S PAPER: $1
BAHAMIAN Jason Elwood Hanna has been caught up in Black Panther fever - performing on the big screen as one of the main stuntmen for the movie. See today’s Weekend section for more on how he landed the role - and his experience in ‘Wakanda’. Photo: Shawn Hanna/Tribune Staff
AN online petition has been started to stop the creation of a proposed cemetery on Bernard Road. The petition cites potential water pollution, exacerbated traffic congestion, and devaluation of properties as reasons why the proposal should be blocked. On February 15, The Tribune published a public notice from the Department of Physical Planning announcing the proposal. The notice said: “The public is hereby notified site plan application (SPA/1/2018) on behalf of Mr James R Bain is being reviewed by the Department of Physical Planning for presentation to the Town Planning Committee.” SEE PAGE FIVE
JOB FAIR HOPEFULS ‘HIRED ON THE DAY’ By MORGAN ADDERLEY Tribune Staff Reporter madderley@tribunemedia.net
LAST weekend’s “Labour on the Blocks” job fair in Grand Bahama resulted in some people being “hired on the spot,” Labour Minister Dion Foulkes said in the Senate yesterday. Mr Foulkes acknowledged that while there have
been some “kinks,” the series of job fairs is “definitely working”. He said: “We have had… approximately 2,500 persons who have registered in our database as a result of the job fairs…so far. “Out of those in Nassau, we have recorded so far, and I just spoke to two of the major hotels today in Nassau, we have recorded so far 800 persons who have
received jobs.” Mr Foulkes continued: “I got a report today out of Grand Bahama and we’re still counting in Grand Bahama. “Certain persons got hired on the spot and there are a group of persons who are working now as a result of what happened on Saturday in Grand Bahama SEE PAGE TWO
Nassau & Bahama Islands’ Leading Newspaper
VIOLENCE BREEDS VIOLENCE AND IT BEGINS AT HOME
SEE PAGE EIGHT