info.LandsbankiAction.org.gg   30-Mar-2016: Liquidators' Update, see Deloitte site

Landsbanki depositors 'vindicated by report'

A group representing Landsbanki Guernsey depositors said it feels vindicated by a report looking at the island's relationship with the UK.

The Justice Committee's review included evidence of how the collapse of Landsbanki was handled.

A States of Guernsey submission stated the UK government prioritised its own interests over those of Guernsey when dealing with Icelandic authorities.

The depositors agreed their interests were not considered throughout.

Since October 2008 the Landsbanki Guernsey Depositors Action Group has lobbied the States to do more to help them.

Depositors have previously been told by the administrator to expect up to 91% of their money back.  01-Apr-10.

http://news.bbc.co.uk/2/hi/europe/guernsey/8598835.stm