Providenciales, 27 Oct 2015 – The Bahamas Prime Minister Perry Christie in a press statement expressed “disappointment for the affected Baha Mar employees and their families at the action taken by the Joint Provisional Liquidators in making some 2,000 employees redundant.
This arises from the insolvency of Baha Mar and the protracted exercise to secure a negotiated settlement.”
PM Christie admitted that the government did try to save Bahamian jobs. Of the 2,020 persons laid-off, 1,440 were non-active employees and 580 were active.
The next meeting to decide the fate of Baha Mar is pushed back from Monday to November 25.