reply from mike simpson

  • sad
  • 10/10/08 31/10/09
  • a depositor
  • Offline
Posted: Wed, 10/12/2008 - 08:36

I e-mail mike simpson a couple of days ago re-hardship payments. This is the reply....still no timescale!

Thank you for your email. I can assure you that I am very concerned about the continuing financial hardship being experienced by many depositors. I have no powers to make distributions to creditors prior to the issuing of the winding up order, but the Isle of Man Government has decided to make an early payment to depositors and am doing what I can to assist them.

Yes, we were represented at the KSF London creditors meeting and have put a brief report in an update on the website.

Mike Simpson | Partner | PwC| Sixty Circular Road, Douglas, Isle of Man, IM1 1SA
Telephone +44 (0) 1624 689689 | Fax +44 (0) 1624 689690
mike [dot] simpson(?)iom [dot] pwc [dot] com

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