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Government’s airport redevelopment deal with Canadian Commercial Corporation is to be reviewed by an independent panel of local experts in finance, accounting and economics, finance minister Bob Richards announced today. Richards indicated to the media that he was confident that the panel would conclude that the controversial deal is the best option for Bermuda. He […]
As controversy continues to swirl around the airport redevelopment project, Government House is not yet ready to say that Bermuda has met met entrustment conditions imposed on it by the UK Government. Deputy Governor Ginny Ferson struck a positive note but would only say that the UK was “comfortable” with progress on meeting the conditions...
Finance minister Bob Richards has turned down a proposal for an on camera debate on the controversial airport redevelopment deal with his Opposition counterpart. And he has remained silent in response to a request for a full length interview. Think Media proposed the debate last week in the wake of protests and civil disobedience which...
Finance minister Bob Richards has circulated a misleading “rebuttal” to a harshly critical report on the ministry’s due diligence on the airport project, we can report. The minister failed to tell the public that his comments were a response to an earlier draft and had already been taken into account in finalizing the report which remains unanswered....
