Advertisement

"Waffle" at depositors' meeting

by isleofman.com 10th October 2008
A meeting in Douglas has heard how a man from Moscow recently deposited a large sum of money with Kaupthing Singer and Friedlander.

Steve Thomas transferred ?400,000 to the Manx branch of the bank, which went into liquidation today.

He told Manx Radio plans to move his family to the Isle of Man were now on hold.

Mr Thomas is less than impressed with the Island's financial authorities and the bank itself, and found today's meeting, attended by bank staff and depositors, a very frustrating experience:



Posted by isleofman.com
Friday 10th, October 2008 08:05pm.

Popular Articles

Upcoming Events

Nobles Parkrun

A free, fun, and friendly weekly 5k community event in Nobles Park.  Walk, jog, run, volunteer or spectate...
12 Oct
View More
Advertisement

You also might be interested in

Stephen Savage joins Quinn Legal’s Corporate and Commercial legal team.

Business

When the clocks sprung forward we lost another precious hour of sleep

Health & Wellness

The GFoGE guide to obstacle races & why should you do one.

Sports & Leisure

Why not take a "Wallaby" walk in the Curragh?

Nature & Wildlife

Hop-tu-Naa is an ancient festival celebrated on the Isle of Man

Visitor Guide

The Isle of Man hosts many traditional ceremonies throughout the year

Visitor Guide