Bridgewater was charged along with former Grand Bahama ambulance driver Tarino Lightbourne for attempting to extort $25 million from Hollywood actor John Travolta after his son, Jett died earlier this year.
Last week, as he was about to make his address at the opening night of the PLP’s 51st convention at the Wyndham Nassau Resort, he said, "I have some good news PLPs, Pleasant Bridgewater is a free woman. God still reigns PLPs."
However, at the time he made the announcement, the jury was still deliberating.
Surrounded by his attorneys Alfred Sears and Anthony McKinney, Mr. Forbes admitted that the statement was not true.
"My statements were reckless and interfered with the course of justice in that case and were further capable of bringing into disrepute the whole administration of justice," he said.
"I take sole responsibility for my statements. I herby unequivocally and without qualifications offer my apology to Madame Senior Justice Anita Allen, in particular and to the entire judiciary of the Commonwealth of The Bahamas. I further offer my unqualified apology to the Bahamian people."
The PLP MP did not allow the media to ask him any questions during the press conference.
Mr. Forbes is expected to go before Supreme Court Senior Justice Allen on Thursday to explain why he should not be held in contempt of court.
