Bacon On The Run

The Bahamas documented a new page in Bahamian history on May 7, 2012, when the General Elections resulted in a return of the seat of government to the Progressive Liberal Party.  On this day, May 8, the country saw its Prime Minister of 2002 to 2007 return to serve another term.  Hon. Perry Gladstone Christie was sworn in as Prime Minister at about 4pm in a swearing-in ceremony after a landslide victory at the polls for his party.

Hubert Ingraham

The crushing defeat of outgoing Prime Minister Hubert Ingraham and the Free National Movement Party spoke volumes about the level of frustration the Bahamian people had with the former government.  The FNM's loss at the polls doesn't signal the end of the race, but rather, the start of a new race as they will have to haul tail to evade the many wealthy investors who bought into Ingraham's "one man band"vision; he is now the one man responsible for appeasing those investors.

Earl Deveaux

Mr. Ingraham allowed his Cabinet Ministers to do too much to cover up for the wealthy investors funding the party.  One such alleged investor is a hedge fund giant whose company is one of several being monitored with regard to a multi-billion dollar international hedge fund scam.  Louis Bacon of Moore Capital is known to be a friend of the FNM and his efforts were rewarded as he broke the laws of the Bahamas more than once and got away with it.  He dredged the coastline without the permission of the Ministry of Environment and was later extended the courtesy of a permit from former Minister of Environment Earl Deveaux.  He was in possession of ultra-sonic Long Range Device Speakers that could harm people as well as interfere with airport radar signals, yet former Minister of National Security Tommy Turnquest still allowed Bacon to keep the speakers after a legitimate raid was conducted on his home.  Louis Bacon even got the authorities to hide the results of the autopsy performed on his former alleged trafficker Dan Tuckfield, who died of a heart attack in Bacon's pool where he was discovered naked.

Louis Bacon

Then, the biggest cover up happened when the Attorney General himself was instructed by Mr. Ingraham to enter a nolle prosequi to stop the criminal case against Bacon, which was launched by Bacon's neighbor, Canadian fashion mogul Peter Nygard.  Nygard had succeeded in his first round of hearings in the case against the Canadian Broadcasting Corporation for slanering him in a Larger than Life documentary of the programme Fifth Estate.  Judges saw merit in his case as Nygard's lawyers noted the case of libel against the CBC by two heart doctors in Canada, noted that the CBC has committed libel before.

Nygard's attorneys Keod Smith and Alfred Sears told the media that they have witnesses ready to take the stand to testify that they were paid money, up to $10,000 to speak against Mr. Nygard and paint a picture of him as a tyrant of sorts.

Former AG Delaney made a fatal mistake when he left out Bacon's name from that annulling court document.  With a change in governance, AG Delaney will be nowhere around to help Bacon out of this quagmire that Nygard contends that he created.  It means that Bacon is, in essence, a fugitive, according to attorney Smith, who had, before the elections, stated that Mr. Ingraham and his boys were hiding Bacon from receiving a court summons.

The FNM did not take care of Bacon before their demise.  Bacon's attorney Pericles Maillis covered his back and ensured that his name was cleared from the rap sheet.  Even Mary Braithwaite, Managing Director of Lyford Cay Property Owners Association was included on the nolle prosequi as well as private investigator Jerry Forrester, disgraced police officer Bradley Pratt, and two CBC executives.

He remains a fugitive and if Maillis does not take care of his business, he may have another reason to worry about international criminal investigations.