What Is Our Attorney General Doing Acting For China ExIm Bank’s Interests In Bahamian Court?

balanceThe Attorney General’s role under the Constitution is to act on behalf of the Bahamian people. The Prime Minister announced tonight that the AG has filed a motion in our Supreme Court to put Baha Mar into mandatory liquidation stemming from specific desires expressed by China ExIm Bank in its dispute with Baha Mar’s developer. This means the AG has asked the Court to bring Baha Mar, as it currently exists, to an end (liquidation). But here is the major problem – in mandatory liquidation petitions, it is normally the company itself or the company’s creditors (the people a company owes) who make such a petition to the Court. BAHA MAR HAS NOT FILED TO LIQUIDATE ITS COMPANY. THE GOVERNMENT OF THE BAHAMAS IS NOT A BAHA MAR CREDITOR OR EQUITY STAKEHOLDER, NOR DID THE PM SAY THE AG WAS FILING ON BEHALF OF ANY BAHAMIAN CREDITORS. Why is the country’s AG, who is supposed to be acting for BAHAMIANS, filing a motion that is supposed to be filed by ChinaExIm Bank, the agency that is the lender for the Baha Mar project? So is the AG of The Bahamas now a de facto agent for a Chinese agency – an agency whose construction company is currently being sued by Baha Mar’s developers for alleged project sabotage and alleged unjust accounting practices in The Bahamas? It is not Sharon T who announced to the nation that our AG, acting due to the interests of a foreign creditor, has asked our Supreme Court to bring a company in The Bahamas to an end (liquidation) – THE PRIME MINISTER MADE THAT ANNOUNCEMENT. Baha Mar has not declared itself to be finished – the government, through its petition the PM’s says stems from a foreign agency’s interests – is seeking to have Baha Mar as it exists today, finished (liquidated).