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Baha Mar: Construction delays to blame for bankruptcy

Baha Mar: Construction delays to blame for bankruptcy

Senior vice president of external affairs at Baha Mar Robert Sands has commented on the reasons behind the resort developer's application for voluntary bankruptcy, blaming repeated construction delays and the pressures of maintaining a huge payroll. Watch an interview with Sands here.

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ZNS News
Tuesday, June 30, 2015
Tuesday, June 30, 2015

Senior vice president of external affairs at Baha Mar Robert Sands has commented on the reasons behind the resort developer’s application for voluntary bankruptcy, blaming repeated construction delays and the pressures of maintaining a huge payroll.

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Prime Minister Perry Christie has issued a statement following the announcement by megaresort Baha Mar that it is filing for voluntary bankruptcy. Read the statement here.

The Ministry of Finance financial secretary John Rolle released a public statement regarding several revenue reforms approved by Parliament during the 2015/2016 Budget Debate. Read the statement here.

PM “not taking sides” on Baha Mar bankruptcy

MOF releases statement on revenue reforms – PDF

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