From August 26 to August 28, the storm affected several parts of the northernmost Lesser Antilles. Damaging winds primarily affected the Virgin Islands where gusts reached 111 mph (179 km/h). Extensive precautionary measures were taken to mitigate damage, especially in Puerto Rico, where one person died. Elsewhere in the Lesser Antilles, impacts from the storm were relatively minor. In preparation for the storm, the states of Florida, Georgia, South Carolina, North Carolina and Virginia all declared a state of emergency and many coastal counties from Florida to North Carolina issued mandatory evacuation orders. Damage in the Bahamas was catastrophic due to the prolonged and intense storm conditions, including heavy rainfall, high winds and storm surge, with thousands of homes destroyed and at least 77 direct deaths recorded, 74 of which occurred in the Bahamas. The true death toll is unknown with 245 people still missing as of April 2020. Dorian is the costliest disaster in Bahamian history, estimated to have left behind $3.4 billion in damage.
The Procuraduría de la Nación announced that it would investigate Mossack Fonseca and the Panama papers.On April 12, the newly formed Second Specialized Prosecutor against Organized Crime raided Mossack Fonseca and searched their Bella Vista office as part of the investigation initiated by the Panama Papers. The Attorney General's office issued a press release following the raid, which lasted 27 hours, stating that the purpose was "to obtain documents relevant to the information published in news articles that establishes the possible use of the law firm in illegal activities". The search ended without measures against the law firm, confirmed prosecutor Javier Caraballo of the Second Prosecutor Against Organized Crime.
More InfoAndy Yan, an urban planning researcher and adjunct professor at the University of British Columbia, studied real estate sales in Vancouver—also thought to be affected by foreign purchasers—found that 18% of the transactions in Vancouver's most expensive neighborhoods were cash purchases, and 66% of the owners appeared to be Chinese nationals or recent arrivals from China. Calls for more data on foreign investors have been rejected by the provincial government. Chinese nationals accounted for 70% of 2014 Vancouver home sales for more than CA$3 million. On June 24, 2016 China CITIC Bank Corp filed suit in Canada against a Chinese citizen who borrowed CN¥50 million for his lumber business in China, but then withdrew roughly CA$7.5 million from the line of credit and left the country. He bought three houses in Vancouver and Surrey, British Columbia together valued at CA$7.3 million during a three-month period in June 2014.
More InfoDCB Finance, a Virgin Islands-based shell company founded by North Korean banker Kim Chol-sam and British banker Nigel Cowie, also ignored international sanctions and continued to do business with North Korea with the help of the Panamanian firm. The US Treasury Department in 2013 called DCB Finance a front company for Daedong Credit Bank and announced sanctions against both companies for providing banking services to North Korean arms dealer Korea Mining and Development Trading Corporation, attempting to evade sanctions against that country, and helping to sell arms and expand North Korea's nuclear weapons programme. Cowie said the holding company was used for legitimate business and he was not aware of illicit transactions.
More InfoOther popular sports are swimming, tennis and boxing, where Bahamians have enjoyed some degree of success at the international level. Other sports such as golf, rugby league, rugby union, beach soccer, and netball are considered growing sports. Athletics, commonly known as 'track and field' in the country, is the most successful sport by far amongst Bahamians. Bahamians have a strong tradition in the sprints and jumps. Track and field is probably the most popular spectator sport in the country next to basketball due to their success over the years. Triathlons are gaining popularity in Nassau and the Family Islands.
More InfoInternational Monetary Fund (IMF) researchers estimated in July 2015 that profit shifting by multinational companies costs developing countries around US$213 billion a year, almost two percent of their national income. Igor Angelini, head of Europol's Financial Intelligence Group, said that shell companies "play an important role in large-scale money laundering activities" and that they are often a means to "transfer bribe money". Tax Justice Network concluded in a 2012 report that "designing commercial tax abuse schemes and turning a blind eye upon suspicious transactions have become an inherent part of the work of bankers and accountants".
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