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

Feelings of failure and bewilderment prevail

The money that I saved in Landsbanki was inherited from my parents following the sale of my father’s house when he passed away. It represented many years of hard work for them – they were both of a generation who left school at 14 and then worked hard for the rest of their lives.

The money that I saved in Landsbanki was inherited from my parents following the sale of my father’s house when he passed away. It represented many years of hard work for them – they were both of a generation who left school at 14 and then worked hard for the rest of their lives.

I deposited my inheritance in the Cheshire Guernsey as it offered the best rates my research could find. As with other savers, I am not into tax avoidance, and the interest would have been reported as part of my world income on my Canadian tax return.

I was a little surprised when the Cheshire Guernsey changed to Landsbanki, however as the rates were still the best the market could offer me I stayed the course. My inheritance was enough to allow me to dream a little.

When things in life go wrong or appear unjust I usually come out fighting. Not so in this case. The demise of Landsbanki and the loss of my parents’ money has left me depressed, disillusioned and totally bewildered.

Life goes on, but the greatest pain comes from feeling as though I have in some way been incredibly stupid and have totally failed my parents, despite common sense attempting to dictate otherwise.