The developer of the unfinished $3.5 billion Baha Mar mega resort in the Bahamas has accused China Construction America of cutting power to the work site, inflating expenses and trying to steal documents stuffed in suitcases, U.S. court filings show, Reuters reported yesterday. China Construction America, a unit of China State Construction Engineering Corp Ltd, denied the allegations, saying on Friday that the developer is trying to deflect attention from its own mismanagement of the troubled project. Baha Mar Ltd, the project's developer, detailed its allegations in court filings on Thursday as part of its bankruptcy case. The developer's filings also raised the prospect of fraud by the Chinese, saying that money may have been spent on groceries and cosmetics. Baha Mar has been plagued by delays and ran out of money, forcing the developer to file for bankruptcy protection in a Delaware court on June 29. The project, which is to feature a Las Vegas-style casino and more than 2,000 hotel rooms, is being built by CCA and has been largely financed with a $2.45 billion loan from the Export Import Bank of China.
