09282018 NEWS

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FRIDAY i’m lovin’ it!

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The Tribune

Volume:115 No.214, SEPTEMBER 28TH, 2018

Established 1903

Weekend

WEEKEND: NATAJIA GOES EAST FOR CHINESE ADVENTURE

THE PEOPLE’S PAPER: $1 puzzles history

books theatre film fashio n music travel gardening

Weekend

Friday, September 28, 2018

GAIL DOES MAKE-UP Pages 8 & 9

Room to grow

Travel broadens island girl’ s horizons pages 4-6

ABOVE THE LAW

DEPUTY Provost Marshall Tommy Sands attempts to serve an execution order at Nygard Cay yesterday shortly before 1pm. However, he was refused access to the property. Photo: Shawn Hanna and Terrel Carey Sr/Tribune Staff

Court officer denied entry to Nygard Cay By AVA TURNQUEST Tribune Chief Reporter aturnquest@tribunemedia.net AFTER waiting more than four hours, the Deputy Provost Marshal of the Supreme Court was yesterday denied entry to Nygard Cay as he attempted to execute a court order to seize the property.

The developments, which saw both marshal Tommy Sands and a team of police officers denied access yesterday, led attorney Fred Smith to declare Canadian fashion mogul Peter Nygard had set himself “above the law”. The order follows a petition by Save The Bays to have Nygard Cay sold

to satisfy the $2.2m debt Mr Nygard owes in legal costs from illegal dredging activities. Mr Sands told The Tribune the purpose of the court order was to allow him to take stock of all goods and chattel and seize them for the court. “The court’s order is being executed on Mr

Nygard,” said Mr Sands shortly before 1pm, “that’s the purpose of this order but I’m not physically moving anything. But I am seizing properties and making sure that nothing is removed from this property. So I’m taking an actual stock of everything that’s here and I’m seizing them.” Mr Sands said: “(Mr

Nygard) he’s allowed access to the property but he can’t move anything until this judgment is settled. “I’m just making sure that the owners or the actual person who Mr Nygard owes these funds to, that they will recover their funds.” Mr Sands was accompanied by two security

officers, and could be seen speaking with someone through the bars of the massive gate that protects the entrance to the property. After some twenty minutes, The Tribune was told Mr Nygard was on his way and that the marshal had agreed to await his arrival. SEE PAGE THREE

BUYERS LINE UP FOR GRAND LUCAYAN By KHRISNA RUSSELL Deputy Chief Reporter krussell@tribunemedia.net LUCAYAN Renewal Holdings Limited, the government’s special purpose vehicle given the task of finding a purchaser for the Grand Lucayan, has received “several” expressions of interest from prospective buyers. Finance Minister K Peter Turnquest confirmed this, but would not reveal

how many enquiries were received. Of those, he said there were “some” Bahamian groups wanting to purchase the Grand Bahama resort. While government officials are not yet publicly revealing what the volume of responses to the EOIs could look like, The Tribune understands there may be as many as 12. However, the process to choosing a reputable and capable buyer comes down

to proper vetting, sources familiar with this kind of process said. The Tribune was told the government is keen on preventing this deal from mirroring that of the controversial Oban Energies oil refinery deal proposed for Grand Bahama. The special purpose vehicle is planning to use several international due diligence mechanisms to ensure the prospective purchasers are SEE PAGE FIVE

Nassau & Bahama Islands’ Leading Newspaper

A COMIC’S VIEW: LOOKING FOR A SLOW FIVE

SEE PAGE EIGHT


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