The Securities Commission of The Bahamas issued a public statement challenging a video and accompanying LinkedIn post by Mr. D’Arcy Rahming Sr., describing the content as containing “blatant falsehoods and misleading statements” and directing the public to court-filed materials relating to its investigation into ArawakX. The Commission said it and its Executive Director only became aware of Mr. Rahming’s dispute with Bank of The Bahamas after its ArawakX investigations were already at an advanced stage, and that the information was not voluntarily reported by Mr. Rahming. It also said Mr. Rahming’s claim that he has carriage of a lawsuit against Bank of The Bahamas does not align with information in the Commission’s possession or in the public domain. The statement further noted that joint official liquidators independently filed a criminal complaint against Mr. Rahming, and that the Commission is not a party to those proceedings. It encouraged the public to consult the Commission’s website for a timeline and supporting documents filed with the courts, including affidavits, meeting notes, and interview transcripts, which it said refute the LinkedIn claims.
Bahamas Securities Commission 2026-04-17
The Securities Commission of The Bahamas rebuts D’Arcy Rahming’s LinkedIn claims and points to court records on the ArawakX investigation
The Securities Commission of The Bahamas issued a public statement refuting a video and LinkedIn post by Mr. D’Arcy Rahming Sr. regarding its investigation into ArawakX, calling the content “blatant falsehoods and misleading statements.” It clarified that Mr. Rahming’s dispute with Bank of The Bahamas was not voluntarily disclosed, that his claimed role in related litigation conflicts with information held by the Commission and in the public domain, and that criminal complaints against him were filed independently by joint official liquidators.