30-Mar-2016: Liquidators' Update, see Deloitte site

Commons report supports Landsbanki savers

Savers with Landsbanki Guernsey who lost money during the Icelandic banking crisis have welcomed a report from a Commons committee which criticised the UK government's handling of the situation.

The Justice Committees report on the relationship between the UK, Guernsey and the Isle of Man highlighted the role played by the UK Treasury in representing the interests of the crown dependencies during its negotiations with Icelandic authorities during the crisis, and concluded that the UK had failed to look after the interests of Guernsey adequately.

Landsbanki Guernseys parent company went into administration in 2008, and Guernseys savers were amongst the worst hit of the crisis.  23-Apr-10.