Sunday, May 20, 2012

India’s CBI Issues Judicial Request To Bermuda

India’s CBI Issues Judicial Request To Bermuda

April 16, 2012 by · Leave a Comment 

India’s Central Bureau Of Investigation [CBI] has issued judicial requests to four countries, including Bermuda, seeking details of a money trail in a deal in which former Indian Telecom Minister Dayanidhi Maran is an accused. The Times of India reports that, “The Letters Rogatory (LRs) to the UK, Bermuda, Malaysia and Mauritius were issued by [...]

Bermuda-Registered Jet Crashes In Russia

Bermuda-Registered Jet Crashes In Russia

April 2, 2012 by · 6 Comments 

[Updated] At least 31 people died in a plane crash in Siberia early on today [Apr.2], Russian officials said, when a Bermuda-registered jet with 43 people aboard went down shortly after takeoff from Tyumen, a regional hub about 1,000 miles from Moscow. The plane, a French-built ATR-72 with 43 people on board, had been scheduled [...]

Turks & Caicos Politicians Appear In Court

Turks & Caicos Politicians Appear In Court

March 21, 2012 by · 6 Comments 

Two politicians were granted $175,000 bail when they appeared in a Turks and Caicos Court on corruption charges last month, reports the island’s local media. The leader of the Progressive National Party [PNP] and former Speaker of House Clayton Greene and former government minister McAllister Hanchell, were each granted $175,000 bail when they appeared in [...]

Mexico Quake: Insured Losses Under $100M

Mexico Quake: Insured Losses Under $100M

March 21, 2012 by · Leave a Comment 

The insured losses from yesterday’s [Mar.20] earthquake in Mexico are expected to be less than $100 million, according to catastrophe modelling firm EQECAT. CNN reports that, “Mexican officials were assessing damage Wednesday, a day after a strong earthquake left homes in ruins and rattled residents hundreds of miles away. “At least 11 people were injured [...]

John Deuss Goes On Trial In Holland

John Deuss Goes On Trial In Holland

March 20, 2012 by · 5 Comments 

One-time Bermuda-based businessman John Deuss has gone on trial in the Netherlands accused of banking without a license, disguising unusual transactions and forming a criminal organisation that made ​​possible large-scale carousel fraud in England. Dutch media sources reported today [Mar. 26] that the 69-year-old banker and oil trader was standing trial in Arnhem along with [...]

BDOT Statement On Limbaugh Ads

BDOT Statement On Limbaugh Ads

March 14, 2012 by · 1 Comment 

An American watchdog organisation today [Mar. 14] apologised to the local company Media House — owners of the “Bermuda Sun” and the Bermuda.com website — after inadvertently including the firm in a list of sponsors of controversial US talk show host Rush Limbaugh [pictured]. Washington DC-based Media Matters mistakenly claimed the company was running promotional [...]

Apple Hosts Event, Unveils New iPad

Apple Hosts Event, Unveils New iPad

March 7, 2012 by · 2 Comments 

Apple introduced a new version of the iPad today [Mar.7], featuring a more powerful chip, high-definition screen, sharper camera and much more. The device will cost $499 to $829 in the United States, and include an A5X chip that enables better graphics, Apple said today at an event in San Francisco. It will also boast [...]

Second Bermuda-Flagged Ship Barred

Second Bermuda-Flagged Ship Barred

February 28, 2012 by · 6 Comments 

A second Bermuda-flagged ship was barred by provincial authorities from docking in Argentina yesterday as a diplomatic row between the South American country and Britain intensifies. The P&O cruise liner “Adonia” [pictured], which is on a South American tour from Southampton, England was turned away from a port at the country’s southernmost tip, Tierra del Fuego. The [...]

Argentina Bars Bermuda-Flagged Ship

Argentina Bars Bermuda-Flagged Ship

February 27, 2012 by · 4 Comments 

Argentine authorities stopped a cruise liner flying the Bermudian flag from docking in one of the country’s ports on Monday, the Reuter news agency reports today [Feb.27], further ratcheting up the tension in its ongoing spat with Britain over the Falklands. Britain and Argentina fought a 10-week war over the Falkland Islands in 1982 after [...]

Sunken Treasure Returns To Spain

Sunken Treasure Returns To Spain

February 25, 2012 by · 14 Comments 

[Updated] A $500 million haul of gold and silver coins salvaged from a Spanish ship that sunk 200 years ago is heading from the US to Spain after five years of legal wrangling. US firm Odyssey Marine Exploration — co-founded by former Bermuda Premier Dr. David Saul — found the treasure in a wreck off [...]

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