{"id":246614,"date":"2005-02-25T13:09:39","date_gmt":"2005-02-25T18:09:39","guid":{"rendered":"https:\/\/www.bahamasb2b.com\/news\/2005\/02\/bill-aims-to-regulate-non-profit-companies"},"modified":"2005-02-25T13:09:39","modified_gmt":"2005-02-25T18:09:39","slug":"bill-aims-to-regulate-non-profit-companies","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2005\/02\/bill-aims-to-regulate-non-profit-companies","title":{"rendered":"Bill Aims To Regulate Non-Profit Companies"},"content":{"rendered":"<p>The Government is seeking to raise transparency and accountability standards among Bahamas-based non-governmental (NGO) and non-profit organisations through new legislation that will require them to be registered and publish an annual statement of accounts that have been submitted to external audit. <\/p>\n<p>\nThe proposed legislation, called the Non-Governmental Organisations Act, leaves many speechless as it comes from a government that is internationally known for its corrupt activities and secretive financial practices.  It is particularly  ironic that legislation is proposed by a political party (PLP) that was allegedly funded by drug dealers in the last election and refuses to allow an open and transparent examination of their own party finances.<\/p>\n<p>The legislation has been prepared by the Bahamas Environment, Science and Technology (BEST) Commission, and discussions have been held with the private sector in a bid to fine-tune the Bill before it is presented to Parliament. <\/p>\n<p>\nMore than 200 NGOs are currently registered in the Bahamas, and sources said that if the legislation was passed in its present form, this number would greatly increase.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hypocritical Bahamas Government demands accountability from NGOs but allows political parties to continue nefarious financial practices.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[12],"tags":[],"class_list":["post-246614","post","type-post","status-publish","format-standard","hentry","category-headlines"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/246614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=246614"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/246614\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=246614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=246614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=246614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}