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KSF holding company non Exec Director was shocked by collapse of bank
Trevor Foster, Former Head of Banking at Kaupthing Singer & Friedlander (UK), and non Executive Director of the IOM Holding Company, has told the Tynwald
‘Amateurish’ and ‘incompetent’ IOM officials allowed KSF (IOM) to become ‘collateral damage’ in UK action
Representatives of the Kaupthing Singer & Friedlander (IOM) Ltd (KSFIOM) depositor action groups were pretty clear in where the blame should lie when they give ...Bell: KSF (IOM) ‘collateral damage’ - Select Committee evidence continued
Mr Watterson raised the issue of the rejection by the Icelandic authorities of the liquidator’s claim under the parental guarantee. Mr Bell replied it is a ...Bell noncommittal whether UK conspired over collapse of KSF (IOM)
Treasury Minister Allan Bell MHK - whose rearranged appearance before the Tynwald Select Committee investigating the collapse of Kaupthing Singer & Friedlander (IOM) had been ...PSG responds to Treasury Minister’s answers to Keys’ questions about Premier Low Risk Fund
The Premier Shareholders Group (PSG), a group of investors and former investors in the IOM based fund, has issued a response to comments made by ...Treasury Minister says it is safe to invest in the IOM
Treasury Minister, Allan Bell MHK, speaking on this morning’s Manx Radio’s Mandate programme (Thursday, 3rd December 2009) told news editor, Graham Bell that the renewal, ...Questions to be asked in Keys about Premier Low Risk Fund
The long running campaign by the Premier Shareholders Group (PSG) to seek a satisfactory resolution of their grievances about the management and performance of the ...Gelling: KSF (IOM) collapse - like standing on a pedestrian crossing and being run down by a lorry
Former IOM Chief Minister, Donald Gelling, and Chairman of Kaupthing Singer & Friedlander (IOM) Ltd, and his fellow Board members finally broke their silence following ...The misery continues for depositors in KSFIOM
The Depositors Action Group (DAG) has issued a press release highlighting their disgust at the ongoing misery being suffered by many depositors of the collapsed ...KSF (IOM) Select Committee issues call for evidence; whilst DCS gets a cash boost
The Select Committee of Tynwald, established at the July sitting of the Court, has issued a call for interested parties to submit evidence on the ...Log in
- UK PM wants greater tax transparency in crown dependencies
- Liberal Vannin to establish Island-wide ‘Youth Forum’
- PAG presents: "Tax Havens Today and Tomorrow" - a public debate on this topical and controversial issue
- Action for punitive damages commenced against two Government Departments and General Registry for ‘Malfeasance in Public Office’
- KSF IOM gets another reprieve but DCS exposed as a financial ‘fig leaf’
- Deemster Corlett gives in to Treasury – KSF (IOM) SoA to be put to creditors’ vote
- PAG Meeting calls for heavy fines for misuse or loss of personal data
- Kaupthing Bank ‘Show us the money’ petition launched on UK PM’s website
- Gelling: KSF (IOM) collapse - like standing on a pedestrian crossing and being run down by a lorry
- KSF (IOM) DAG unconvinced voting ‘Yes’ to SoA is best option
- KSF (IOM) depositors call on Jack Straw to broker deal for return of £550m held in UK
- KSF IOM gets another reprieve but DCS exposed as a financial ‘fig leaf’
- Deemster Corlett gives in to Treasury – KSF (IOM) SoA to be put to creditors’ vote
- Call to ‘nationalize’ KSF IOM
- New action group targets IOM fund industry and regulators for criticism
So basically if you deposit your money on the Isle of Man, you can say Goodbye to it. It's gone forever, no one on ...
Two possible explanations;
1. The Isle of Man regulatory authorities are institutionally naïve and inept and like rabbits fumbling in a dazzle are unprepared and ill-equipped ...
Yet more flannel from another Director of the bank. More questions must be asked as clearly people & staff knew the bank was in bother ...
The question for the government is whether it is in the long term interest of the Isle of Man to (a) accept the FSC is ...
More babbling flannel premeditated to let the real offenders escape justice. No one in their right mind would deposit/invest a single penny ...


