info.LandsbankiAction.org.gg   12-Jan-2012: Liquidators' 2nd Interim Report.  www.deloitte.com/uk/landsbankiguernsey

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KSF early payments will require £94m of taxpayers' cash

TAXPAYERS' cash totalling £94 million would be required to fund larger early payments to Kaupthing Singer & Friedlander depositors.

Tynwald will be asked to approve an extension to the early payments scheme for depositors that will provide up to £10,000 for each account holder – a measure that will be funded from £94 million taken out of government reserves. 12-Feb-09.

http://www.iomtoday.co.im/news/KSF-early-payments-will-require.4970216.jp