Nygard International

Nassau Guardian: Nygard paid for ads against Louis Bacon

The saga continues in the Bahamas between billionaires Bacon and Nygard.

According to an apology published in the Nassau Guardian (pictured), Bahamas-resident Peter Nygard’s Nygard International Partnership paid for adverts to be featured in the newspaper that made unsubstantiated claims against his neighbor and fellow billionaire Louis Bacon.

This appears to be connected to recent revelations apparently evidencing Nygard’s involvement in a bizarre online harassment campaign against Bacon.

The full text reads:

We wish to apologise to Mr. Louis Bacon for certain statements contained in two (2) adverts published in our newspaper on the 29th January, 2016 and 22nd February, 2016.

The adverts in question were paid for by Nygard International Partnership and contained in “wrap arounds”. Both of the adverts could have been understood as suggesting that Mr. Bacon had spread a false story to Lyford Cay Residents that Mr. Peter Nygard was planning to build a Stem Cell Clinic at Nygard Cay in order to mislead the Court into granting injunctions against Mr. Nygard. The truth is we were not provided with any evidence to substantiate such claims against Mr. Bacon, nor are we aware of any, and it was certainly not our intention to give any such impression.

We therefore apologise to Mr. Bacon and his family for publishing the aforementioned adverts as worded. We shall exercise more care in the future.