NASSAU, Bahamas — Former ministers in the Christie administration said they privately pushed the Hayward and St George families to sell their interests in the Grand Bahama Port Authority, though it was never an option for the government to obtain a majority stake in the port.
Instead, according to Official Opposition Leader Philip “Brave” Davis, the belief was that some equity participation by the government in the GBPA was feasible if necessary.
With the Minnis administration’s move to buy the Grand Lucayan resort expected to be a costly endeavour, former Prime Minister Hubert Ingraham said last week the government should buy the Grand Bahama Port Authority instead. http://www.tribune242.com/news/2018/aug/14/plp-eyed-stake-gb-port-authority/
