More Exposure in Parliament - Read and E-Mail Here

  • steveejeb
  • 10/10/08 31/05/09
  • a depositor
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Posted: Sun, 14/12/2008 - 02:27

SENIOR CITIZENS PARTY WILL SUPPORT KAUPTHING IOM DEPOSITORS
Posted 13/12/2008 - 21:34 by Grahame Leon-Smith

Sat, 13/12/2008
Link: Depositors-2230
The Senior Citizens Party (www.seniorcitizensparty.org.uk) was formed in January 2004 to represent the needs and concerns of all Seniors age 50 or over and although most of our activities up to now have been involved with UK residents we are keen to represent the needs and concerns of British citizens wherever they may live throughout the world. We are particularly concerned where there appears to be evidence of discrimination against British citizens who live abroad and we shall be reporting this to the recently formed Equality and Human Rights Commission (EHRC).

We have received a number of emails from Kaupthing IOM Depositors and we believe that the Government should guarantee their savings in the same way that they have guaranteed the savings of depositors in other Icelandic banks. As a fully registered political party we have access to Government Ministers and Party Leaders and we shall be happy to lobby them on your behalf. Obviously the more depositors who contact us the more influence we shall have with Government and politicians, so if you have not already contacted us please send an email to: kaupthingiom(?)seniorcitizensparty [dot] org [dot] uk You may also telephone me on 0845 260 1215.

Yours sincerely

Grahame Leon-Smith, Founder and Party Leader Senior Citizens Party

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Increase our Influence in Parliament - Action

  • steveejeb
  • 10/10/08 31/05/09
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  • Sun, 14/12/2008 - 12:10

Please write to the senior citizens party leader to help increase his influence on our behalf in Parliament. Grahame Leon-Smith, Founder and Party Leader Senior Citizens Party has been good enough to set up a dedicated e-mail address for KSFIoM depositors where we can mail him and has also left his phone number!
You should definitely write if you 50 plus but if you are younger I can see no harm in writing as well, giving perhaps a brief personal story of how this travesty of justice has affected you.

kaupthingiom(?)seniorcitizensparty [dot] org [dot] uk You may also telephone me on 0845 260 1215.


I've have just written

  • expat
  • 10/10/08 31/05/09
  • unspecified
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  • Sun, 11/01/2009 - 08:04

I've have just written although I'm not a lot of good at bleeding heart stories! QWE need all the representation we can get and it's just occurred to me that I am a senior citizen!!!


Checking the facts before writing

  • sabi Star
  • 10/10/08 n/a (free)
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  • Sun, 14/12/2008 - 12:46

As has been mentioned previously - before writing about our plight to anyone we must be sure to supply accurate facts.
I myself just learnt today from the PWC statement of 12/12/08 that we are the 6th largest creditor to KSFIOM - NOT the second largest - as was put out several times on this site.
If we send out inaccurate information - it just weakens our case.


sabi star...justify your statement

  • mikeinfrance
  • 12/10/08 28/09/09
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  • Sun, 14/12/2008 - 13:30

As far as I am aware KSFIOM is the 2nd largest creditor and there is nothing in Mike Simpsons 12/12 statement to support your statement. Please justify what you have said; remember what you yourself have said... inaccurate information weakens our case !
It's true to say that KSFIOM came 6th in the committee voting is this what you meant to say I wonder??


Sabi, As you say there is a

  • thesunnysouth
  • 10/10/08 31/05/09
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  • Sun, 14/12/2008 - 13:23

Sabi, As you say there is a need to get facts straight. KSF IoM is the second largest creditor in KSF UK except that HMG gave its share of votes 5 times, as they were allowed and so KSF IoM was not voted onto the committee. The other four who were voted on between them do not have as much deposited as IoM does.


Sorry if I misunderstood data in Appendix A

  • sabi Star
  • 10/10/08 n/a (free)
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  • Sun, 14/12/2008 - 14:43

Looking at Appendix A on the Mike Simpson statement 12/12/08 - presumably the -
Rank 1 - Transport for London with vote GBP3,604,641.371 with votes percentage of 19.04 -
does not therefore mean they were the largest creditor.
Rank 2 - Trustees of KSF Ltd Pensions with vote GBP3,599,601,593 with votes percentage of 19.02
- does not mean they were the second largest creditor.
And so on for the rest of the list.


Sabi - Accuracy is indeed very important

  • Alastair
  • 10/10/08 30/09/09
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  • Sun, 14/12/2008 - 15:22

KSFIOM is the 2nd largest creditor of KSFUK - FACT.

In the voting for the Creditor Ctte of KSFUK the largest creditor FCSC used its votes, 75% of those available, to vote on the other 4 members of the Creditor Ctte with itself. You are confusing votes with GDP of the clains of the creditors.

Transport for London for example "only" has 40mln GBP of claims against KSFUK versus our 600mln GBP.


We are the 2nd - we came 6th

  • frog
  • 10/10/08 13/09/09
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  • Sun, 14/12/2008 - 13:06

We are the 2nd (I assume you mean to KSFUK)- we came 6th in the voting for the creditors' committee.


50 + emailed - but why 2 new forum topics on the same subject ?

  • skintagainnow
  • 10/10/08 31/05/09
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  • Sun, 14/12/2008 - 03:41

have sent them an email.

but why do we need two new forum topics on the same subject - both posted within a couple of minutes.

It simply means more work for the moderators to clear the site and have topics in a logical order instead of multi-posting way of topics in the past.


2 posts on the same topic

  • Lucky Jim
  • 13/10/08 31/05/09
  • not a depositor
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  • Sun, 14/12/2008 - 09:40

Editor/moderator comment for clarification

Mr. Leon-Smith has been a member of DAG for one week but has declined to say whether he is a depositor.
He posted under NEWS which is for 'stand alone' news posting alone (ie: does not afford opportunity to comment)

steevejeb has responded by making a post quoting an extract from this, so members can comment on the Senior Citizens' Party support of DAG

L J


Leon Smith

  • bobwin
  • 23/12/08 n/a (free)
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  • Sun, 11/01/2009 - 03:07

Correction--he did say he was not a depositor in one of his original posts


LJ - I noticed the stand alone posting

  • skintagainnow
  • 10/10/08 31/05/09
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  • Sun, 14/12/2008 - 13:20

LJ - I noticed the stand alone posting but in addition to that post and of course this topic - the second topic I was reffering too is located on this thread -

http://chat.ksfiomdepositors.org/forum-topic/urgent-please-read-now-if-y...


ACTION - Please read and E-mail Senior Citizens party

  • steveejeb
  • 10/10/08 31/05/09
  • a depositor
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  • Sun, 14/12/2008 - 02:38

As a fully registered political party we have access to Government Ministers and Party Leaders and we shall be happy to lobby them on your behalf. Obviously the more depositors who contact us the more influence we shall have with Government and politicians, so if you have not already contacted us please send an email to: kaupthingiom(?)seniorcitizensparty [dot] org [dot] uk You may also telephone me on 0845 260 1215.

Yours sincerely

Grahame Leon-Smith, Founder and Party Leader Senior Citizens Party


email sent - 50+

  • anrigaut
  • 19/10/08 30/10/09
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  • Sun, 14/12/2008 - 11:29

Have emailed. After briefly giving my story I concluded as follows:

"We firmly believe that HMG has a moral, if not legal, responsibility towards us. Their precipitate action on 8 October which put the UK bank (KSFUK) into administration may have safeguarded the interests of KSFUK retail depositors (who received their money in full), but was at the same time a direct cause of the demise of KSFIOM (now in provisional liquidation) who had deposited a large proportion (around £600m) of depositors' money in their sister bank in London.

The following exchange occurred in the course of the Justice Committee evidence session chaired by Sir Alan Beith on 10th December:

David Heath MP (question addressed to Lord Bach) : You are then entirely satisfied that the interests of not only the banking sector in both the Isle of Man and Guernsey but also those who deposited monies with the banks in those countries were safe guarded from the first point of action of the Treasury in freezing the assets of the Icelandic banks and since, and that those depositors interests are now safe guarded in so far as any depositors interests are safe guarded in the United Kingdom?
Lord Bach: Yes I am.

How could he say that in all honesty? From the word go ("first point of action" ?), the interests of retail depositors in KSFUK were safe guarded in full (100% return of their deposits) while the interests of retail depositors in KSFIOM were completely disregarded); more than that - their money was totally 'frozen' in the administration of KSFUK under explicit orders from the Treasury (statutory order dated 8 Oct, clause 27) that this money could not be returned to KSFIOM without the prior consent of the Treasury.

I hope this will help in your lobbying on our behalf. We desperately need all the help we can get in order that justice be done and soon. Some of my fellow depositors are already suffering great hardship and face a bleak Christmas indeed.

Thank you again for your interest."


Good one

  • bellyup
  • 10/10/08 09/01/10
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  • Sun, 14/12/2008 - 11:15

I shall definitely write to this one as I am over 50 ( despite not looking a day over 39) or at least I did before this debacle which has somewhat accelerated the aging process.

Yesterday I printed a link to the Telegraph which is running a campaign for fair treatment of pensioners in view of how badly pensioners who have saved for their retirement are being treated.Some KSFIOM depositors have added there comment there as well.


70% of KSFIoM depositors are 50 plus

  • steveejeb
  • 10/10/08 31/05/09
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  • Sun, 14/12/2008 - 02:42

According to the DAG poll circa 70% of KSFIoM depositors are 50 plus. Please write to them and increase their influence.


>50

  • Anonymous
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  • Sun, 14/12/2008 - 09:49

This seems to me a very good opportunity (for UK citizens currently living / working abroad) to not only heighten awareness of OUR plight BUT ALSO (important !) to empathise with the plight of ">50 UK" residents who now face a future most had never envisaged.

Anybody got (DAME) JOAN BAKEWELL's contact details ?

As official 'Champion of the Elderly' she might be interested to hear from a few hundred of us.


More Exposure in Parliament

  • grobbers
  • 11/10/08 31/05/09
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  • Sun, 14/12/2008 - 15:46

Have emailed Mr Leon-Smith and Dame Bakewell.The more the merrier !!


Jaon Bakewell

  • bellyup
  • 10/10/08 09/01/10
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  • Mon, 22/12/2008 - 03:56

Anyone get a response?


Mr Leon-Smith replied within

  • go mann
  • 10/10/08 31/05/09
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  • Tue, 23/12/2008 - 11:40

Mr Leon-Smith replied within 15 minutes; can't say fairer than that!


I e-mail both of them and to

  • mikepapa
  • 10/10/08 n/a (free)
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  • Mon, 22/12/2008 - 12:05

I e-mail both of them and to date have received no acknowledgement or reply.

As Mr Grahame Leon-Smith, Founder and Party Leader Senior Citizens Party is a member of DAG, I was rather expecting a follow up to his original posting as I understand he has received over 100 e-mails from depositors.


mikepapa - reply from Senior Citizens Party

  • steveejeb
  • 10/10/08 31/05/09
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  • Mon, 22/12/2008 - 13:11

copied from earlier forum post:

"Good News" from Senior Citizens Party
Posted 20/12/2008 - 11:46 by DJO Gutted

Grahame Smith has kindly taken the time to telephone me this morning regarding my unusual circumstances and questions that I sent to him as I am a UK Resident [19 years]. He is currently in France on Christmas Holiday and is hard at work organizing a Data Base in order to deal with aprox. 200 e-mails that he has received from depositors.

He would like you to know that he has written to the following people and awaiting a reply:

Alistair Darling Chancellor of the Exchequer

Lord Turner Chairman of FSA

Marvin King Governor of the Bank of England

John McFall Chairman of the Treasury Select Committee

Once Grahame has compiled a Data Base in the next few days he will then send a Circular which will include copies and hopefully response letters from the people mentioned above and will also be asking us to write letters to our MPs where applicable and provide a template.

It was wonderful to hear his voice and needless to say that he is completely appalled that the UK Treasury has our £550 million and the hardship and suffering that it has created. He strongly fears for the elderly that can not cope under these circumstances.

Best wishes to everyone as we await more news.


buy the bank

  • two time loser
  • 10/10/08 21/06/09
  • a depositor
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  • Mon, 06/04/2009 - 12:37

Did anything come of this idea?

I would be interested in revitalising it if we can come up with a potential Management Buy-in team.

Among our depositor base we have many skills and many successful people in their chosen fields. We would not have to find a lot of cash to fund this buy-out if we had a credible Management Team.

I have contacts who may be willing to support us financially if we can mount a credible case.

If anyone is interested in joining me and has suitable qulaifications and experience please get in touch.

2X,loser