PLP CHAIRMAN ON D’AGUILAR AND BAHAMAR

Questions prepared for The Tribune but released generally Q. Could you recount what it was like for you hearing Baha Mar filed for bankruptcy when it did? A. I can do no better than repeat the words of Prime Minister Christie (PM Christie) – the Government was blindsided by the Developer’s Chapter 11 filing. Please […]
The PLP really got itself into a quagmire with Sarkis Izmirlian who was the original developer of the Bahamar project now open and successfully operating on Cable Beach. The project was a four billion dollar investment. There are now 2500 new rooms in the Bahamian hotel inventory that has been falling for years. There are […]
It was a proud moment for the PLP Leader Philip Davis and his wife Anne as they arrived last Saturday 18 November for the opening of the SLS Hotel at Bahamar, a PLP project before the party was booted from office.
Nassau, Bahamas – Communication by The Rt. Hon. Perry G. Christie, M.P. Prime Minister & Minister of Finance on The Acquisition Of The Baha Mar Resort by CTF BM Holdings Ltd.(A Subsidiary Of Chow Tai Fook Enterprises Ltd) made in the House of Assembly on Monday, 12th December, 2016. Click here for the full address:
FOR IMMEDIATE RELEASE 28th August 2016 Bahamas Government announces committee to process all Baha Mar claims Bahamas Information Services As part of the agreement between the Export-Import Bank of China (“the Bank”) and the Government of the Commonwealth of The Bahamas to remobilize and complete construction of the Baha Mar Resort, cialis canada the parties […]
With the Cabinet standing behind him and with him, cialis usa the following statement was read by Prime Minister Perry Christie on Monday 22 August with regard to Bahamar:
Thursday 25 August STATEMENT ON BEHALF OF THE GOVERNMENT OF THE BAHAMAS Three days ago, best viagra the Prime Minister made a Statement to The Nation, viagra usa regarding the successful outcome of the BahaMar negotiations. In his Statement, the Prime Minister highlighted many of the details of that Agreement: The FACT that construction at Baha […]
The man who headed the Bahamar project and could not bring it to completion was in the press last week. Incredible! He was incensed says The Tribune that developers of The Pointe next to the British Colonial Hilton was boasting that they will finish the project, purchase that there was no shortage of money, and […]
There was a story in the press in which the one half of he Joint Provisional Liquidators announced that the other half who people thought was their partner a Bahamian Ed Rahming could no longer represent them. We checked. His does not affect the appointment of Mr. Rahming as one of the Joint Provisional Liquidators which he […]
25th October 2015
Sorry Sarkis is now resigned it appears to the fact that his company is under water, he has lost his life’s work and he needs to disappear into the sunset. We hope that is the conclusion drawn when in his sober moments, he looks at the wreck of what was once called Bahamar. On Friday 23rd […]
Both Prime Minister Perry Christie and Attorney General Allyson Gibson were in New York on Monday 22nd September to marl the occasion of the 50th anniversary of China State Construction Company. Coming out of that confluence of events was the announcement that the company will go in to reassess as quickly as possible the Bahamar […]
18 September 2015 Nassau, Bahamas – The following is the Communication to the House of Assembly by the Rt. Hon. Perry G. Christie on September 16th: Mr. Speaker, Having regard to the national importance of the Baha Mar resort project and its delayed opening resulting from the financial difficulties of the Developer and the ensuing […]
8 SEPTEMBER 2015 (Bahamas Information Services, clinic for the Office of the Attorney General) — The Supreme Court yesterday rendered its written Ruling on both the appointment and powers of third-party Joint Provisional Liquidators Krys Global and Alix Partners, in the matter of Baha Mar. On behalf of the Government of the Bahamas, the Attorney […]
Left to right: Alastair Beveridge, check AlixPartners Services UK; Nick Cropper, AlixPartners Services UK; and Edmund Rahming, KRyS Global, Bahamas Alastair Beveridge and Nick Cropper, of leading global business advisory firm AlixPartners Services UK LLP (AlixPartners), and Edmund Rahming of KRyS Global have today been appointed Joint Provisional Liquidators (JPLs) over Baha Mar Ltd, Baha […]
Sarkis Izmirlian
The Government notes and welcomes the judgment of the Supreme Court. It awaits receipt on Monday of the written judgment and the approved Order which will set out in extenso the terms of the powers of the liquidator.
You suppose you can’t beat a fellow from trying but sometimes you should know when the game is up and it’s time to say Uncle. If you read the latest missive of Sarkis Izmirlian to his employees ( see below) about the decision on 4th September by the Court to appoint a provisional liquidator Edmond […]
Sarkis Izmirlian can only be described in this matter as thick as molasses. He doesn’t seem to get it. Maybe all that money has addled his brain. The case is now before the courts, where the Government has asked for a provisional liquidator to take over the Bahamar project that he pioneered which had he […]
From the beginning of this project, the Government of The Bahamas has sought to facilitate an impartial process that results in the opening of Baha Mar, under private ownership and operation as soon as possible. It is without question in our national interest to do so. Baha Mar’s statement today is entirely misleading. As a […]
FOR IMMEDIATE RELEASE 29th July 2015 Baha Mar payroll letter smacks of mischief making Bradley B. Roberts National Chairman Progressive Liberal Party Whether the letter addressed to Baha Mar staff was written out of ignorance or contrived, tadalafil health it is dishonest, it smacks of mischief making and is condemned in the strongest terms; […]