It has now been revealed that the electricity has been disconnected at the Grand Lucayan Resort in Freeport due to unresolved arrears with the Grand Bahama Power Company (GBPC). According to news reports, the resort’s new owners, Concord Wilshire Capital, have refused to assume the outstanding debt, and GBPC was forced to cut the supply. If this is true, this is disgraceful and an embarrassment for the government to allow this to happen.
How can staff, some still reportedly working on the property, be subjected to such conditions? If the sale funds of $120 million are truly in the bank, then why won’t the government simply settle the bill? This should have been a basic condition before the heads of agreement were signed.
Our original concerns remain. It has been 161 days since the government announced the Grand Lucayan sale, and despite rumors of the property’s closure on October 16, neither the more than 60 permanent and 200 casual staff nor the wider public have been given meaningful updates. Jobs, timelines, worker severance, and vendor payments remain in limbo. Meanwhile, the silent build-up of liabilities, power cuts, and unanswered questions mark this as nothing short of a national disgrace.
The people of Grand Bahama, the hard-working men and women, the vendors and suppliers, the families depending on this island’s revival, deserve full accountability today, not more hollow promises tomorrow. The government must immediately meet with workers, vendors, and the community, publish all agreements in full, and provide a clear, official timeline.
Enough delays. Enough secrecy. Grand Bahama deserves leadership that acts.
Has the deal been completed?
Has the staff been notified?
Has the Government received $120 million dollars?
When will demolition start?