National

Immigration Minister: It’s No Baby, It’s A Blunder

NASSAU, BAHAMAS – Shocking revelations made in Parliament Wednesday morning about the Nassau Cruise Port with the immigration minister saying the former government broke the law.

Published

3 years ago

June 14, 2023

Berthony McDermott

NASSAU, BAHAMAS – Shocking revelations were made in Parliament Wednesday morning about the Nassau Cruise Port, with the immigration minister saying the former government broke the law.

Immigration minister Keith Bell insists that the deal doesn’t benefit Bahamians.

The shocking revelation came while Bell contributed to the 2023/2024 Budget Debate.

Bell points to a lease for the cruise port negotiated under the former administration which he revealed was not prepared by the Attorney General’s Office by the cruise port’s attorneys.

Bell also pointed to an offering Memorandum of Bahamas Investment Fund Limited that outlines the financial projections.

In 2023, the port is projected to earn $78 million in revenue but pay $2.8 million to the government in lease fees.

In 2024, the projected income is $90 million with only $2.6 million going to the government.

In 2025, $97.6 million with $2.6 million going to the government.

In 2026, $105 million with $2.6 million going to the government.

And in 2027, $575.8 million with only $18 million going to the government.

Bell insisted the former prime minister and his administration need to be held responsible for the deal.

But the bombshells didn’t stop there, the immigration minister says the document outlines two key terms of the deal.

The immigration minister says there are many unanswered questions surrounding this deal.

The accusations not sitting well with the FNM, specifically former Prime Minister Dr. Hubert Minnis who didn’t waste time in hitting back, resulting in a shouting match between both sides at points.