Clerical Medical Investment

Posted 04/12/2008 - 14:15 by Kevin Platt

Your rating: None Average: 1 (1 vote)
2008-12-04 (All day)

We have our money invested in Kaupthing via Clerical Medical.
It often appears that institutional investments are worse than any others when it comes to compensation.
Today, Clerical Medical have stated to me that the frozen funds are not in the UK but are held in the Isle of Man.
Can this be correct, surely if the funds are in the IOM then Brown and Darling should not have any jurisdiction?
Any comments?