DST & HNW Group, Please Appoint A New Liquidator

I think all of us agree that Mike Simpson had more than enough time to prove his usefulness to depositors and there is little doubt that he failed miserably in that respect.

He has been working for 7 months assisted by the bank's full staff and management plus his London sidekick Peter Spratt and assorted counsels and attorneys, all generously remunerated from our savings. Then after 7 months of this army of experts' continuous efforts he shamelessly declares that he erred in calculating the bank's assets by about £130 million, because its dealings with KSFUK were "very confusing". Not only that, he then uses his blunder to scare us into changing our votes in favour of SoA.

Such conduct in my opinion amounts to professional suicide. By doing what he did he had reduced himself to the role of a government's shill without any pretence of professional integrity and as such he has no part to play in our quest for the return of our money.

I appeal to both DST and HNW politburo to please stop analysing whether PwC is a lesser evil than other firms, or if we have to pay VAT if we appoint an UK practice. We have fought a long and costly battle to keep the IoMG's sticky fingers away from our pot of gold, so let us not squander our hard won victory now by putting an IoMG plant in charge of our savings. Having endured this financial terrorism for over 8 months, we deserve a liquidator who is guided by his professional code of ethics, not by instructions from IoM Treasury.

Please do everything in your power to appoint a professional firm untainted by IoM's endemic corruption. Their first assignment should be the audit of KSFIoM records for the past 18 months, and next they should propose their strategy for recovering 100% of our savings.