(EDITOR’S NOTE: This report was published in Bahamas Press on Tuesday, June 7, 2022.)
NASSAU, Bahamas — Attorney General Ryan Pinder said the government will pay off all arrears from judgments against the government for perhaps the first time since the country became independent.
Pinder lamented in March that there were $17.7m in outstanding legal claims, saying he found this shocking.
“I want to thank the Ministry of Finance for cooperating with the Attorney General’s Office in addressing this vexing issue of aged arrears that are owed to Bahamians and the private sector with respect to judgments,” he told reporters yesterday.
“Upon coming to the office there was an outstanding $17.7m in judgments that were owed. With our budget allocations for that completely extinguished already, the Ministry of Finance has worked with us in reallocating funds so that total now is down to about $12.2m which will include judgments over that course of time as well.”
