Categorized | National News

Is STB’s financial payoff worth the good name of The Bahamas?

By P.J. Malone

 When you connect the dots, you cannot help but come to the conclusion that a foreign agent is using his millions through the Save The Bays organization toward seemingly subversive acts in the Commonwealth of The Bahamas.

 Let’s connect the dots.

 To begin with Save The Bays established itself as an environmental group in The Bahamas and applied for United States Treasury 501(c)(3) status in order to be able to receive donations from United States citizens. However, Save The Bays Director and attorney, Fred Smith, later said that Save The Bays is a political organization.

 Save The Bays has demonstrated the fact that they are a political organization by engaging in a number of political acts in the Commonwealth of The Bahamas, which is in conflict with U.S. Treasury regulations.

 According to Treasury regulations in the United States, organizations are not allowed to have both a 501(c)(3) status and engage in politics. Yet Save The Bays is engaged in political action.

 So, are they an environmental group or are they a political organization? Which is it really?

 It has been reported that Save The Bays is funded to the tune of millions. Save The Bays has revealed that hedge-fund billionaire Louis Bacon is their chief funder.

 So, you have a political organization funded by a foreigner. This situation is already suspect. Then when you look at Save The Bays’ activities and core focus, it makes their dual agenda very clear to anyone looking.

 Most of Save The Bays environmental attacks have been targeted at one individual—namely, fashion mogul Peter Nygard.

 Save The Bays has attacked Mr. Nygard for doing things to protect his property that Save The Bays’ own Director and attorney, Fred Smith, did as well to protect his property. Save The Bays has also attacked Mr. Nygard for removing the sand that keeps piling up and blocking his boat in the harbor. Save The Bays has never once mentioned their funder’s (Louis Bacon) dredging of sand without the proper approvals beforehand to create an entire marina at his home next door to Mr. Nygard.

 Everyone knows that Louis Bacon has a personal vendetta against Mr. Nygard. Some have even wondered if Save The Bays was started for Louis Bacon to be able to use to fight against Peter Nygard.

 So clearly, Save The Bays going after Peter Nygard in this way is personal and appears to be a part of Louis Bacon’s agenda to destroy Peter Nygard.

 The other part of Save The Bays’ agenda appears to be to tarnish the Progressive Liberal Party (PLP) Government. In addition to Save The Bays running countless ads against the PLP Government of The Bahamas, Save The Bays looks to continuously attempt to tie the PLP Government to nefarious acts.

 Save The Bays has opposed the Government at every turn. Is it retribution?

 Since the PLP Government refused to give Louis Bacon a permit or approval retroactively for the dredging he did to build a new marina at his house in Lyford Cay, and that retroactive approval was granted by the Free National Movement (FNM) Government, one can’t help but recognize Bacon’s preference for a FNM Government to be in power.

 The facts of the situation point to a very obvious conclusion.

 Save The Bays advocates have been involved in a number of controversies in recent years; as has been detailed in previous articles in this column, the activities appear to be biased and designed towards assisting Louis Bacon in his personal interest with attacking fashion mogul Peter Nygard and the Progressive Liberal Party Government of The Bahamas.

 On a recent Love 97 Issues of The Day radio show, a caller asserted, “At some point, a determination has to be made, particularly when they want to involve themselves in anti-government efforts, that if you are accepting money from someone who is not a citizen of this country to go and do things to effect political change, then you should have to declare yourself as an agent of a foreign organization.”

 Here’s a question for Fred Smith QC, Joseph Darville, Romauld Ferreira, Kirkland Bodie (KB), Francisco Nunez, and the good reverend:

 Is the financial payoff from funder Louis Bacon worth working against the best interest and the good name of The Bahamas?







Written by Jones Bahamas

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