The government has sent a demand letter to the Grand Bahama Port Authority requesting payment of over $300 million within 30 days of the date of the letter. The demand is based on a clause in the Hawksbill Creek Agreement.
Prime Minister, the Hon. Philip Davis spoke on the issue on Monday. He said, “there is an obligation for reimbursables under that act. Now it is noteworthy that in their press statement that they indicated that for the last seventy plus years no other administration has sought to recoup reimbursables and they also indicated that that was for good reason. Well I think that statement in itself acknowledges that there are reimbursables to be had. It acknowledges that not before now has a request been made for the reimbursable to be paid, well it has been made. Whatever good reasons other administrations would have had not to seek it do not maintain today.”
