Allen Stanford is charged with swindling about 28,000 investors of more than $7 billion.
With the constant changes in financial regulations, one might wonder how compliance professionals are able to keep up with the sweeping regulatory changes.
The Bahamas has received a $612,000 technical co-operation grant, provided by the Japan Special Fund to the IDB, to support strengthening The Bahamas’ fiscal policy.
Prime Minister Ingraham said, “Our overriding responsibility is for the protection of Bahamian jobs and the long- term viability of Atlantis.”
There is no need for concern at the moment as it is in the lenders’ best interests that Kerzner’s property be successful, says prime minister…
Brookfield Asset Management has cancelled the deal to exchange its $175 million of debt for controlling equity in the Atlantis Resort and other Kerzner properties.
While the legal battle for Atlantis could go on for years, a top accountant and liquidator says the thousands of Bahamians employed at Atlantis are…
Kerzner tried to hold onto Atlantis to the end but fell under the questionable loan requirements of the “brazen self-dealing” Canadian conglomerate, Brookfield.
IDB loans are surging well over $200 million but officials say the the investments are necessary for sustainable growth.