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

BBC Guernsey

This page contains brief summaries of and links to media reports from the source BBC Guernsey.

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

Trott supports saver court action

Guernsey's Chief Minister has welcomed plans to take the Icelandic Government to court to try to get more money back for Landsbanki savers. . .

Guernsey's Royal Court approved the administrator's request to take legal action in Iceland earlier this month. . .

About 1,600 people living in the Channel Islands [sic] had money deposited in Landsbanki Guernsey when it collapsed last October.17-Sep-09.

http://news.bbc.co.uk/2/hi/europe/guernsey/8261492.stm

Landsbanki action is 'concerning'

Guernsey investors have accused the Chief Minister of not doing enough to help them over the failed Icelandic bank Landsbanki.

Lyndon Trott met with depositors in October 2008 and pledged to help them.

But a Freedom of Information Act request showed the State's treasury had held no meetings on the matter with the British Ministry of Justice.

Mr Trott said he is travelling to Iceland next week to meet with government representatives.

The Landsbanki Guernsey Depositors Action Group (LGDAG) have sent letters to deputies about the lack of action.  29-Jul-09.

http://news.bbc.co.uk/2/hi/europe/guernsey/8174230.stm

Failed savers claim 'negligence'

Guernsey's financial regulator is facing fresh accusations of negligence from savers who lost money when the Icelandic bank Landsbanki collapsed.

Landsbanki Guernsey Depositors Action Group (LGDAG) says it has new evidence of regulatory failure on the part of Guernsey Financial Services Commission.  1-Jul-09

http://news.bbc.co.uk/1/hi/world/europe/guernsey/8129265.stm

Island hosts commonwealth meeting

UK and Commonwealth politicians are to descend on Guernsey next week for the 40th conference of the British Islands and Mediterranean Region.  ...

Members of the Landsbanki Guernsey Expat Depositors Group (LGEDP) said they were considering staging a peaceful demonstration while displaying "Guernsey unsafe for savings" placards outside the Royal Court on Monday, when the politicians gather for the start of the conference.  10-Jun-09

http://news.bbc.co.uk/1/hi/world/europe/guernsey/8094017.stm

Bank victims urge States to help

An action group representing savers with a failed Icelandic bank in Guernsey says it does not understand why the States is not helping them.

Matthew Doorman of Landsbanki Guernsey Depositors Action Group (LGDAG) said the States should do more to help savers who lost out when the bank went into administration in October.  9-Jun-09

http://news.bbc.co.uk/1/hi/world/europe/guernsey/8091196.stm

Despair over bank's lost savings

More than 1,500 people lost their savings when Landsbanki Guernsey went into administration in October, leaving some of them facing an uncertain future. . .

. . . Neil Dickens, from the Landsbanki Guernsey Depositors Action Group, said many of its, mainly elderly, members were now in a place of "emotional despair".

The group's website is filled with stories of people struggling to get by without the money they had saved to see them through retirement.21-Apr-09.

http://news.bbc.co.uk/1/hi/world/europe/guernsey/7999652.stm

 

News Report in Evening Review

Here's an iPlayer clip of the BBC's Evening Review programme tonight.

The full interview with Neil Dickens is broadcast at 1:09:50 on the clock (bottom right). Just click along the progress bar to locate the correct time-slot.  16-Apr-09.

http://www.bbc.co.uk/iplayer/console/p002qzc1

'No cash' for Landsbanki savers

British citizens living in Guernsey and Jersey who lost money in the collapse of the Icelandic bank Landsbanki should not get compensation, UK MPs have said.

The Treasury Select Committee report said the UK government could not compensate losses in jurisdictions outside the direct control of the UK.

But it did acknowledge that offshore savers were not informed of the "changing risk profile" of savings. 04-Apr-09.

http://news.bbc.co.uk/1/hi/world/europe/guernsey/7983151.stm

Island signs tax share agreements

Guernsey is signing up to a further three tax information sharing agreements with other countries. . . .

. . .  "Each TIEA is a testament to our commitment to transparency, good regulation and international co-operation."

"The agreements with France, Germany and Ireland will further enhance our reputation as a well regulated international financial centre."  25-Mar-09.

http://news.bbc.co.uk/1/hi/world/europe/guernsey/7964111.stm

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