Word: bahamas
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Seven days before the indictment was handed down, Hughes and a party of ten roared out of London, where he had lived at the Inn on the Park for nearly a year, and flew by private jet to Freeport, on Grand Bahama Island. Arriving at 4 a.m., the entourage moved into four top-floor suites of the Xanadu Princess Hotel. Among its attractions is that it is in a country that recently refused to extradite Financier Robert Vesco to the U.S. to stand trial on an indictment for using telegraph services to carry out a fraud-one of the violations...
...quiet Bahama anchorages of an evening, the youngster rowing a dinghy across to a neighboring boat is likely to be looking for a friend working on the same study assignment...
HOTELS. Ludwig owns or operates such hotels as the Princess in Bermuda, and the International in Freeport on Grand Bahama Island. He is building or planning hotels in San Francisco, Bermuda, West Germany and Mexico. NATURAL RESOURCES. Ludwig owns the world's largest producer of salt by the sun-evaporation method, in Mexico; coal mines in Australia; potash fields in Ethiopia; and iron-ore deposits in both Australia and Canada...
Tourists also find Nassau increasingly seedy and surly. But the struggle is centered on the shiny new Freeport area, which has rubbed on the sensibilities of many blacks, especially Pindling, ever since it was created in 1955 by an extraordinary law. Under it, the Grand Bahama Port Authority, owned by a group of opportunistic foreign investors, was given almost sovereign powers over Freeport, including exemption from corporate and personal income taxes until 1990, and from some import duties until 2054. The Port Authority deal turned into a heated scandal when several officials of the all-white government later admitted taking...
Island of Fear. Almost immediately, the resort turned into what Grand Bahama Tribune Editor Bernard Murphy calls an "island of fear." It became agonizingly difficult for non-Bahamians to obtain or renew work permits. The British owner of a trucking firm was denied permission to "work" as president of his own company; in another case, a young Scotsman, whose renewal application was pending, was arrested and deported without being allowed to wait until his wife could leave with him. In order to hire foreigners for any job, employers must not only prove that they can find no qualified Bahamian...