NIF Account Under Fire | Bahamas News

Bahamas News Today | 2 Min News | The Daily News Now! · Sep 14, 2026 · 1m

Opposition leader Michael Pintard is sounding the alarm over a National Investment Fund account allegedly operating without legal oversight, as its board has never formally met — leaving hundreds of millions in transactions unapproved. The Central Bank confirms activity since last July but defers details to the Ministry of Finance, while the governor admits his own appointment only took effect in June. Pintard calls it “grand fraud with public money,” accusing the government of using a Ministry-controlled account instead of a legally authorized fund. Amid a broader controversy over plummeting…