Author Archive: Bernews1

Milan Offices Searched By Italian Tax Police

Credit Suisse CSGN.VX said its offices in Milan were searched by Italian tax police last month, following media reports of an investigation into whether a Bermuda subsidiary of the bank helped wealthy Italians hide undeclared funds, Reuters is reporting. According to Reuters, the searches follow a series of investigations against Swiss banks, including... Read more of this article

Man In Critical Condition Following Collision

[Updated] As of 7.00am this morning [Jan 7], police are advising motorists to avoid the South Road and Cobbs Hill Road areas in Paget, as there are traffic delays due to a collision on South Road by the junction of Tribe Road 4B. The collision involves two motorcycles, and while further details are limited at this time, we will update as able. Update... Read more of this article

Parfitt-Williams Scores 1st Goal For Dev. Squad

West Ham United Academy striker Djair Parfitt-Williams scored his first goal for the Development Squad as West Ham beat Leicester City 1-0 on Monday night. “The 18-year-old has been in fine form for Steve Potts’ U18s this season, scoring six goals in 16 appearances and he continued his impressive run of form with a header from a Lewis Page... Read more of this article

4 Arrests Made: Suspicion of Firearm Possession

The police have confirmed that four people were arrested this afternoon [Jan 6] on suspicion of possession of a firearm. A police spokesperson said, “As a result of an ongoing serious crime investigation, four persons were arrested on suspicion of possession of a firearm this afternoon. As this is an active investigation no further information will... Read more of this article

DPP Re-Appointment An “Insult To Bermudians”

“To simply roll over Mr. Field’s work permit while qualified Bermudians are left in the cold is an insult to Bermudians and yet another confirmation that our country is headed in the wrong direction,” Shadow Attorney-General Michael Scott said today [Jan 6]. The follows after the Governor’s announcement yesterday that Rory Field... Read more of this article

Woman Injured During Attempted Robbery

A local woman is recuperating from injuries sustained after a would-be thief attempted to grab her purse while she was out walking, resulting in her being dragged along the street. The woman and her husband were out walking at around 9.00pm this weekend, and when they were at the junction of Harrington Sound Road and Flatts, the suspect — who... Read more of this article

Williams Denies Charges Connected To Shooting

Appearing in the Supreme Court Monthly Arraignments Session this morning [Jan 5], a 29-year-old man denied charges connected to the shooting outside the Somerset Cricket Club on November 11th 2014, which saw four men injured. Germiko Williams pleaded not guilty to multiple counts alleging that he was an accessory after the fact in the unlawful shooting... Read more of this article

Brit Launches $75 Million Sidecar Versutus

Brit Insurance unveiled Versutus Ltd, a new Bermuda-domiciled special purpose reinsurer which the company said “will reinsure a share of Brit’s existing worldwide property catastrophe excess of loss portfolio.” “The Bermuda-domiciled special purpose vehicle will initially be capitalised at $75m. Capital has been committed by... Read more of this article

Cargo Ship Sinks Off Vietnam With 19 Crew

A cargo ship — operated by Bermuda-registered Gearbulk Holding Limited — sank off East Vietnam Sea on Friday [Jan 2] carrying at least 19 Filipino crew members. The New York Times reports that only one man is known to have survived, and e lone survivor — the chief cook on the ship — is refusing to cooperate with rescuers, making... Read more of this article

47 Year Old In Critical Condition After Collision

A 47-year-old Devonshire man who sustained injuries in a collision in Southampton on Friday [Jan 2] is listed in critical condition in the Intensive Care Unit, the police confirmed today. A police spokesperson said, “At last check the 47 year old Devonshire parish man injured in a reported three vehicle collision on South Road in Southampton... Read more of this article

Law Students Pay Tribute To Stephen Edwards

The Law Students’ Association of Bermuda have paid tribute to the late Stephen Edwards, who was a law student of the University of Sussex, saying he was acutely interested in making a contribution to his country and poised to be a future leader. Mr. Edwards, 19, died following a serious motorcycle collision that occurred on December 30, 2014. A successful... Read more of this article

Over 70 Students Attend Bermuda “Hackathon”

Over 70 students attended a Bermuda “Hackathon” on Friday [Jan 2], with the event designed to help empower young Bermudians to be producers and creators of technology. Speaking after the event, organisers Code 441 said, “We met at XL Group for Code 441′s very first hackathon and we thank you for making it a tremendous success! We... Read more of this article