Bahamas’ Foreign Affairs Minister cautions US legislators to stop casting aspersions on The Bahamas over FTX collapse

By Shanieka Smith

Staff Writer

#TheBahamas, December 22, 2022 – Minister of Foreign Affairs in the Bahamas, Fred Mitchell, warned new FTX CEO John Ray and other US legislators about the harm their words could have on the country’s reputation.  The remark was in response to comments from Ray and his attorneys about not being able to trust the Bahamian government.

Mitchell addressed the issue in a voice note.  “Such an assertion is not only offensive, it is wrong.  Watching the proceedings on television of the congressional hearing in the United States I was forced to ask myself the question, Do these legislators understand that those who sit at the apex of the power in the world have the power with their worlds to destroy other countries? I ask myself the question, America, Washington DC, they are both like Rome in the old days and are the apex of the power in the world and have to think carefully, speak circumspectly and act judiciously in all they do.”

The minister urged the legislators to charge those who are guilty and bring justice to the victims.  He asked them to put an end to the finger-pointing as the Bahamas will defend their reputation if necessary.