||Last Updated: Jun 19, 2017 - 1:23:29 AM
Nassau, Bahamas - The following is a press statement from the Hon. Glenys Hanna-Martin:
It is very unfortunate that the new Minister of Aviation has sought to
cast aspersion on the former NAD Board while speaking in the House of
Assembly, a place where members of that Board cannot defend themselves.
The new Minister alleged impropriety on the part of the Board which
comprises respected Bahamian men and women, from various professional
backgrounds and in respect of which each has distinguished him or
herself; that Board also includes the CEO of Vantage Group of Companies.
This is very regrettable.
The Minister should be aware that the matter involving this tenant is
very complex and it is perhaps for this reason Boards appointed by
successive administrations, both PLP and FNM, have worked to regularize
I am advised that these complex circumstances include the fact that the
Tenant entered into leaseholds at a time when NAD faced a serious
dilemma with the previous tenant; further that the Tenant assumed the
lease when the outstanding arrears from the prior tenant were already at
a significant level; I am further advised that challenges emerged when
traffic projections made by NAD did not materialize but upon which
revenue projections were made by the Tenant and finally that real
questions arose as to whether the Tenant was paying a higher interest
rate than other tenants.
I am concerned whether the new Minister apprised himself of these facts
before he made such an unfortunate assessment of the Board.
I am further advised that this Board did as the previous Board did under
an FNM administration, namely to work with the tenant towards a
In light of the circumstances surrounding this matter and the Minister’s
allegation in the Parliament where these persons cannot defend
themselves or legally challenge the Minister, the Minister must now be
put to proof.
The Minister further seems to suggest that the Tenant’s holding of
multiple leases is evidence of some irregular dealings when he ought to
know that there are other tenants who also have multiple leases but the
Minister apparently does not deem this strange. It seems that what he
believes to be the political stripes of this particular tenant creates a
problem in his perception in this regard. This is also very worrisome.
The new Minister should also know that the Minister responsible for
aviation is responsible for relations with the Airport Authority Board
and NAD and has no responsibility for or jurisdiction in the day to day
activities of those Boards.
Any possible or remote suggestion or hinted implication that the prior
Minister sought to exercise influence in this decision-making is not
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