tobysmith

tobysmith

Embattled Toby Smith Gives Withering Review of Government’s Favoritism for Foreign Investors

An embattled Bahamian entrepreneur Toby Smith condemned the government, irked that Prime Minister Philip Davis and his government favor foreign investors over Bahamian investors.

“Foreign all the way. When last did you announce support for any Bahamian-owned stores, wholesalers, retailers, bonefish camps, lodges, boutiques, [and] Bahamian-owned resorts? In fact, anything Bahamian owned?” a furious Smith asked in a social media post. He referred to the government’s signing of a $550 million Heads of Agreement with foreign developers on Monday for a new luxury resort in Faith Cave Cay, Exuma, which comes after a recent signing of other Heads of Agreement for $25 million for a boutique in the island chain. The signings come on the heel of the government’s decision to grant Crown Land to Royal Caribbean International (RCI) for its $100 million beach club project, which Smith says he has a lease. Smith has been in a long battle with the government for the property located on the western end of Paradise Island for the development of his Paradise Island Light and Beach Club. But Chief Justice Ian Winder recently ruled that he does not have claim to the land because it was never executed.

Davis supported Smith while in opposition but has since changed his view after winning the seat of government, now granting RCI approval to develop the land.

One of Davis’ cabinet ministers, Glenys Hanna-Martin said she still opposes the RCI project and has come out in support of Smith as developers prepare to break ground, “almost immediately.” She stands by her statement when she accused the Minnis administration in 2021 of “kicking a Bahamian developer to the curb” in favor of the cruise line.

Smith said he was proud of Hanna-Martin’s support for his project, “and not being a hypocrite but staying true to her word.”


Hanna-Martin’s opinion goes against cabinet procedures and Opposition Leader Michael Pintard has called for her resignation since cabinet ministers are expected to present a unified front based on the West Minister’s principle of collective responsibility. But Davis hit back expressing “full confidence” in Hanna-Martin, adding that she did not violate the ministerial code.

Smith then lashed out at Davis in another social media post, “On the defensive! Lay with dogs, pick up fleas.”

Davis requested that Smith resubmit an application for his project.

Bethel Condemns Revelation of WhatsApp Chat in PI Crown Land Dispute

Attorney General Carl Bethel contends that Bahamian developer Toby Smith violated his privacy following Smith’s exposure of a WhatsApp message with Bethel.

Bethel released a press statement on Wednesday after the social media message was revealed to the Tribune where Bethel is shown telling Smith that Royal Caribbean was being “unreasonable” with its rival demands in its battle for a Paradise Island crown land lease.

Why it matters

The March 2020 social media exchange comes amid Smith’s fight in court in which he is seeking the assistance of the Supreme Court to validate the lease of the Paradise Island property and confirm that the crown land lease is legally binding.

The big picture

A Crown Land on Paradise Island is in dispute between Smith and Royal Caribbean Cruise Line which Smith wants to develop into a beach club but has since been approved for development by the government.

Smith is suing the government for violation of the agreement.

What the AG is saying

Bethel told the Tribune on Tuesday night that the exposure was a “grotesque” breach of his privacy.

“I have no comment on such a gross violation of privacy,” he said.

Bethel said he was asked by Cabinet to conduct negotiations, seeking to resolve the proposed lease of Crown Land on Paradise Island where a face-to-face preliminary meeting was held with Smith.

“Subsequently, Mr. Toby Smith contacted me via social media on the basis of privacy. Negotiations continued on that basis.

“Regrettably, Mr. Smith has breached the privacy that he himself indicated in his initial contact,” he said.

Bethel continued, “Negotiations are not usually assisted by arguing and telling the other party to the negotiations that he, himself, is completely unreasonable.

“Since that time, Mr. Smith has commenced a legal action in the Supreme Court.

“Informal contact accordingly ceased.

“It is interesting to know that the said legal action seems not to be going anywhere, and that Mr. Smith now appears to prefer litigating in the press, rather than in court,” Bethel said.