To my amazement two lawyers in the Bahamas now are trying to have the law changed to prevent a requirement to disclose information pertinent to these investigations.
I believe not only should these fraud cases involving Bahamian companies be thoroughly reported in the press, but the articles should include the name of the Bahamian law firm that set up and handled the affairs here of the fraudulent entity.
When I was with a law firm in British Columbia, whenever we were approached by a new client—We ALWAYS wanted background information and references BEFORE we accepted the client. Obviously, that is not done here as, according to some of the articles, the principals in some of these “schemes” were shady characters which the Bahamian law firm that represented them here—- shouldn’t have accepted in the first place.
Let us know who these greedy, Bahamian law firms are.
By Sandford D. L. Powers
P.S. I am not working here, but am retired and living here now with my daughter and son-in-law.
