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

Progress means there is now no need to meet Landsbanki savers

PROGRESS made in getting Landsbanki Guernsey depositors their money back means that no public meeting with them is now necessary, the States heard yesterday. . .

During question time Deputy David De Lisle sought an update on what the chief minister and Policy Council had done.

Chief Minister Lyndon Trott said that responsibility for recovering the depositors’ money rested with the Royal Court-appointed joint administrators – the Policy Council was in regular contact.

So far 67.5p in the pound has been returned – it is estimated that eventually depositors will get back 91p.  30-Sep-10.