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Prime Minister Explains Oban Deal While Still Focused on Grand Bahama’s Economic Growth

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#Bahamas, April 4, 2018 – Nassau – The Government of The Bahamas remains focused on Grand Bahama’s economic growth in spite of the Oban misstep, Prime Minister, Dr. the Hon. Hubert A. Minnis said Tuesday.

Wrapping up the debate on the Mid-Year Budget in the House of Assembly, Prime Minister Minnis acknowledged that “missteps” were made in the Oban Energies LLC Project.  The project was intended to bring growth and jobs to Grand Bahama.  Prime Minister Minnis said measures have been put in place to ensure no future occurrences.

“My Government committed to Grand Bahama, and to The Bahamas, to do all within our power to bring economic development and growth to Grand Bahama as a matter of urgency,” Prime Minister Minnis said.

“This has been our focus at all times. We intend to fulfill this commitment. It is one of the keys to our overall growth as a nation. The Oban Energies LLC Project was intended to bring growth and jobs to Grand Bahama.  In our haste to boost the economy of Grand Bahama, we made a number of missteps in the Oban Energies Project.

“While our heart was in the right place, these missteps should not have happened. We must, we can and we will do better,” Prime Minister Minnis added.

Prime Minister Minnis outlined some of the history behind the proposed Oban Energies LLC Project. The Prime Minister said records show that there were two approvals in principle by the National Economic Council (NEC) for the project, one in 2009 to Mid-Atlantic Project LLC.

By 2016, the name of the company was changed to Oban Energies LLC, and the beneficial owner is the K Family Irrevocable Trust.  Mr. Peter Krieger was the Chairman and Chief Executive Officer. He had no beneficial interest in the K Family Trust.

Prime Minister Minnis said it was this company that was given the second approval in principle by the former Progressive Liberal Party Administration on November 15, 2016, at a National Economic Council Meeting.

“Most Cabinet Ministers were present at that NEC Meeting including members who are now the Opposition in both Houses of Parliament – here and in the Senate. Mr. Peter Krieger was CEO and Satpal Dhunna was President of Oban Energies LLC,” Prime Minister Minnis added.

Prime Minister Minnis said as early as 2009, a draft Heads of Agreement was submitted to BIA (Bahamas Investment Authority) and sent to the Office of the Attorney General for its review.  “This document was not executed,” the Prime Minister added.

Prime Minister Minnis said the second proposed Heads of Agreement was “forwarded to the PLP Government” by the Bahamian attorney for Oban Energies LLC.

“This was sent to the Office of the Attorney General on March 30, 2017, for review,” the Prime Minister continued, “it should be noted that in this Heads of Agreement, Mr. Peter Krieger was to sign on behalf of Oban Energies LLC.

“The PLP never got around to signing this agreement.  Note that the PLP agreed to the development, despite the hypocrisy they are now displaying,” the Prime Minister added.

Prime Minister Minnis said a 2016 video shows Mr. Peter Krieger and then Minister for Grand Bahama, Dr. Michael Darville along with relevant government officials, and Oban Energies’ Bahamian attorney at the time, at the original site for the proposed development.

Prime Minister Minnis said: “Furthermore, one of them visited the site in Grand Bahama, approved the project and was about to sign the Heads of Agreement.”

Prime Minister Minnis said Mr. Satpal Dhunna (President of Oban Energies LLC) arrived in The Bahamas on February 6, (2018) with the expectation to sign the Heads of Agreement on February 7.

“The document was not ready for signature, so he remained in The Bahamas until February 10, at which time he signed the agreement and then left the country to attend other business.  The Heads of Agreement was subsequently signed by the Secretary to the Cabinet,” Prime Minister Minnis said.

The Prime Minister said in recognition of its promise to keep Bahamians informed, the Government arranged for a ceremonial signing of February 19, 2018.

“We accept that we should have clearly indicated on the 19 of February, 2018, that it was a ceremonial signing. It should be noted that it is not unusual for a Heads of Agreement to be signed before a ceremonial signing so as to ensure that there is a firm agreement between the various parties.

“It is unfortunate that at the ceremonial signing, Mr. Peter Krieger wrote the name of Satpal Dhunna whose name was printed under the signature line in the space provided for the signature of Mr. Dhunna.  He should have noted that he was signing on behalf of Mr. Dhunna and signed his name as the authorized representative of the K Family Irrevocable Trust on the ceremonial document.”

Prime Minister Minnis said the Government has decided to make the effective date of the Heads of Agreement, February 19, 2018, to conform with the public ceremonial signing.

“I am advised that effective March 1, 2018, Mr. Krieger has resigned from the company,” Prime Minister Minnis added.

Release: BIS

 

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Mother’s Pride Headlines Bahamian Takeover at Sixers-Heat Clash in Miami

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The Bahamas, March 30, 2026 – The voice of a proud mother captured the spirit of a nation Monday night, as Bendra Rolle shared heartfelt reflections on the overwhelming Bahamian support for her son, VJ Edgecombe, during the Philadelphia 76ers matchup against the Miami Heat in Miami.

“The patriotic support and scenery at my son, VJ Edgecombe’s NBA game… was overwhelming,” Rolle said in a statement issued following the game. “The arena in Miami was lit. Bimini and the Bahamas showed up and showed out.”

Her words come amid what has already been widely described as a remarkable showing of national pride, with Bahamians traveling in large numbers to South Florida to witness the young guard’s continued rise. For Rolle, however, the moment extended far beyond basketball.

“Beyond VJ’s basketball talents, I’m so moved by his magnetic personality and personal journey to inspire and excite an entire nation—our beloved Bahamas,” she said. “I thank God for VJ’s humility and for his hunger for greatness. He never forgets how far God has brought us.”

While the Sixers did not secure the win on the night, Edgecombe delivered a solid individual performance, finishing with 13 points and five assists. He made an early impact on the game, showing confidence and poise before foul trouble disrupted his rhythm, but still managed to leave his mark in meaningful minutes.

The game itself evolved into a cultural showcase, with Bahamian flags waving throughout the arena and chants ringing out in support of Edgecombe. Much of that presence was bolstered by a coordinated travel push from Bahamasair, which helped facilitate fan travel and added to the electric atmosphere in Miami.

Rolle said the emotional weight of the moment was deeply felt by her family, as they witnessed firsthand the unity and pride of the Bahamian people.

“Thanks and love for the tears and overwhelming joy on Monday, Bahamas,” she expressed. “The Bahamian flags were love, loud, and proud. On my own behalf, VJ, and the entire family, I am ever grateful for the indescribable experience.”

Her closing words underscored what many have described as the true victory of the night—not the final score, but the powerful display of national pride and support surrounding one of The Bahamas’ rising stars.

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Bahamasair Backs Surge as Bahamians Flood South Florida for V.J. Edgecombe Showdown  

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PHOTO BY SIXERS NATION

 

Bahamian pride is already on full display in South Florida, with fans arriving in strong numbers ahead of tonight’s highly anticipated NBA matchup featuring VJ Edgecombe and the Philadelphia 76ers.

Helping to power that movement was Bahamasair, which rolled out a strategic promotion to facilitate travel, turning the game into a full-scale national showing.

And the celebration started early.

A “Bahamas Invades Florida” pre-party over the weekend set the tone, with Bahamian fans, DJs and supporters converging in Fort Lauderdale to build momentum ahead of the game.  The event, marketed as a major cultural gathering, has spilled into Miami, where a strong Bahamian presence is expected inside the arena tonight.

This is no ordinary road game.

The Sixers enter the matchup healthy and are favoured to win, adding to the anticipation surrounding what many expect to be a standout performance by the Biminite guard.

Edgecombe, the third overall pick in the 2025 NBA Draft, has been electric in his rookie season — delivering high-scoring performances and quickly establishing himself as one of the league’s most exciting young talents.

But beyond the stats, it’s the moment that matters.

With South Florida just a short flight away, Bahamians have seized the opportunity to show up in force — flags, energy and all — transforming the game into something far bigger than basketball.

A national turnout.
A rising star.
And a night where the Bahamas is expected to be felt — from tip-off to final buzzer.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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Bahamas Warns Travellers as UN says Middle East Conflict May No Longer Be Contained

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The Bahamas, March 18, 2026 – Twenty days into the latest Middle East escalation, the United Nations is warning the conflict is spreading beyond its original battlefield, as the death toll rises and governments around the world issue urgent travel advisories — including The Bahamas.

In a March 17 statement, the UN Secretary-General’s office said the war must stop and called for all Security Council resolutions to be respected, noting with concern that countries in the Gulf continue to be targeted, raising fears of a wider regional confrontation.

The current round of fighting began February 28 with strikes involving the United States, Israel and Iranian-linked forces, followed by missile and drone attacks across Iraq, Lebanon and parts of the Gulf.

International monitors report more than 1,300 people killed in Iran alone, with additional casualties reported in Lebanon, Israel and Gulf states. U.S. officials confirm at least 13 American service members have died since the escalation began, while reports indicate additional senior Iranian military leaders were killed in recent strikes.

Despite the growing violence, several NATO countries including the United Kingdom, France and Germany have not joined offensive operations, instead calling for diplomacy to prevent the conflict from widening.

The Bahamas Ministry of Foreign Affairs has also issued a travel advisory, warning Bahamian nationals to avoid travel to Israel, Palestine, Iran and Lebanon and to reconsider travel across much of the Gulf region due to the risk of sudden escalation, flight disruptions and security threats.

Officials say Bahamians already in the region should remain vigilant and be prepared for rapidly changing conditions.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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