On Thursday March 7th, Executive Chairman of BEC & Member of Parliament for Tall Pines Leslie Miller addressed the members of the Rotary Club of West Nassau.
Dionisio D’Aguilar, a former Bahamas Electricity Corporation (BEC) director, recently blasted the first Christie administration for the basic tariff reduction that caused “$100 million of equity to pour out” of the utility.
The cost of electricity in The Bahamas has hampered the progress of business and the attraction of new investors to this country.
Stephen Wrinkle, 61, previous head of the Bahamian Contractors Association, was sentenced to one year in prison for siphoning electricity from BEC.
Former minister of works Neko Grant has questioned the competency of the BEC management team after a multimillion overtime payout and the lack of implementation of cost-cutting practices.
A resolution was tabled in the House of Assembly to secure a government guarantee for a $250 million private placement in the International Financial Markets by the Bahamas Electricity Corporation (BEC).
Bahamas Electrical Utility Managerial Union (BEUMU) President Ervin Dean said he has instructed his members to only work planned overtime that has been formally requested by the general manager or divisional heads.
The chairman of Bahamas Electricity Corporation (BEC) accused Canadian energy giant Emera yesterday of maximizing its profits “on the backs of the Bahamian people”.
An internal audit into overtime pay at the Bahamas Electricity Corporation (BEC) found the system has been abused – in some cases it was physically impossible for employees to work the amount of hours logged.