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Peter Nygard — Longtime Nemesis of Louis Bacon — Has Been Charged With Sex Trafficking

Peter Nygard, the Canadian fashion magnate best known in hedge fund circles for his bitter feud with Moore Capital Management founder Louis Bacon, was arrested in Winnipeg, Manitoba on Tuesday on racketeering, sex trafficking, and related charges.  U.S. federal prosecutors accused Nygard, 79, of using “force, fraud, and coercion to cause women and minors to have sex” with him, friends and business associates, according to an indictment unsealed in federal court in Manhattan. The accusations involve dozens of victims in the United States, the Bahamas, and Canada, among other locations, and date back to 1995. Nygard frequently targeted women and minor-aged girls who came from disadvantaged economic backgrounds or who had a history of abuse, the government alleged.

Minnis can shut country but not escape oil deal?

Say PM s anti-exploration stance awfully late BPC shrugs off court threat with extra $20m By NEIL HARTNELL nhartnell@tribunemedia.net Bahamas Petroleum Company s (BPC) oil drilling ship will this morning likely face a welcoming committee , as one activist charged: The PM can shut the country down but not get out of a bad oil deal? Sam Duncombe Sam Duncombe, reEarth s president, told Tribune Business that oil exploration opponents planned to greet the Stena IceMAX with protests - COVID-19 curfews and restrictions permitting - after the vessel docks in Freeport at daylight this morning. Acknowledging that the 10pm to 5am curfew will likely make it impossible to greet the drilling ship when it arrives at around 3am, Mrs Duncombe added that the Prime Minister s voicing of his personal opposition to oil exploration in Bahamian waters was welcome but awfully late .

Oil drilling shows green economy is lip service

BPC confident no legal impediment to plans Activists confident in powerful legal case By NEIL HARTNELL nhartnell@tribunemedia.net Activists yesterday argued The Bahamas is paying lip service to the green and blue economy in response to charges they have exposed their true agenda by seeking to block oil exploration. Bahamas Petroleum Company (BPC), firing back at the Judicial Review challenge initiated by Waterkeepers Bahamas and the Coalition to Protect Clifton Bay, sought to reassure shareholders that its first well will move ahead as planned by asserting there should be no legal impediment to its plans. Simon Potter, BPC s chief executive, in a statement to the stock market argued that the environmental activists had shown their true agenda by waiting until the last-minute - just one week before the Stena IceMAX drill ship arrives in The Bahamas - to seek to halt the Perseverance One well.

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