KSF(IOM) DAG disappointed by court judgment on costs claim
While DAG was successful in obtaining a costs award in its favour, it is disappointed that the court has allowed the IoM Treasury to escape the financial consequences of creating and promoting a Scheme that was manifestly not in the interests of depositors
Dr Taylor tells MEA Select Committee he was shocked to learn Treasury not kept fully informed
Renowned inventor Dr John Taylor informed the Tynwald Select Committee he was “shocked” by the evidence presented by Treasury officials “that they were not being kept fully informed of the MEA’s expenditure and borrowing"...
MacKay points a finger of blame at KPMG at MEA Select Committee hearing
KPMG had responsibility for auditing the MEA’s annual accounts and it would appear they never challenged the Board over the legality of the loans and clearly there was no qualification of the accounts following the drawing down of the facilities....
Bell gets something right for once but still manages to draw criticism
Treasury Minister Allan Bell almost broke a habit of a lifetime and made a good Ministerial decision – to announce, in respect of the EU Savings Directive, the IOM will move to an automatic exchange of information only, as of 1st July 2011, and remove the withholding tax option....
Fargher tells MEA Select Committee “I shall never forgive nor forget”
Mr Fargher was emphatic that, whatever the public may have been led to believe, the MEA was “not out of control” and that he and his colleagues were not “nodding dogs”.
The truth, he claims, is that the MEA was a “well governed and managed organisation, led by an extremely capable and effective senior management team”...
Latest News- KSF (IOM) DAG unhappy with delay in judgment on SoA costs
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Latest VideosKSF(IOM) DAG disappointed by court judgment on costs claim
Dr Taylor tells MEA Select Committee he was shocked to learn Treasury not kept fully informed
MacKay points a finger of blame at KPMG at MEA Select Committee hearing
Bell gets something right for once but still manages to draw criticism
- DHSS Minister says he will not avoid controversial issues – unless of course they are raised by the Manx Herald
- Is Mike Proffitt the best Chief Secretary the IOM never had?
- KSF (IOM) SoA gets ‘improved’ terms but still the doubts remain
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- Downie: “a liar” and “a very dangerous man” Dante Spadoni tells Tynwald Select Committee
- Outlook slightly brighter for KSF (IOM) creditors but Treasury refuses to pick up court costs
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- Tynwald Select Committee takes evidence on battle of ‘unequal arms’
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UK PM wants greater tax transparency in crown dependencies
"The Prime Minister also met this week with Michael Foot who is leading the independent review into British offshore financial centres announced in the PBR. The Prime Minister emphasised the importance of the review and stressed the need for our crown dependencies and overseas territories to be ready to adhere to the new international standards on tax transparency."...- PAG presents: "Tax Havens Today and Tomorrow" - a public debate on this topical and controversial issue
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- KSF (IOM) depositors call on Jack Straw to broker deal for return of £550m held in UK (66)
- KSF IOM gets another reprieve but DCS exposed as a financial ‘fig leaf’ (30)
- Deemster Corlett gives in to Treasury – KSF (IOM) SoA to be put to creditors’ vote (30)
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- Call to ‘nationalize’ KSF IOM (25)
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- KSF(IOM) DAG disappointed by court judgment on costs claim
- Dr Taylor tells MEA Select Committee he was shocked to learn Treasury not kept fully informed
- MacKay points a finger of blame at KPMG at MEA Select Committee hearing
- Bell gets something right for once but still manages to draw criticism
- KSF (IOM) DAG unhappy with delay in judgment on SoA costs
- KSF(IOM) DAG disappointed by court judgment on costs claim
- Dr Taylor tells MEA Select Committee he was shocked to learn Treasury not kept fully informed
- MacKay points a finger of blame at KPMG at MEA Select Committee hearing
- Bell gets something right for once but still manages to draw criticism
- KSF (IOM) DAG unhappy with delay in judgment on SoA costs
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