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Margaret Flood
Posted on 16 Jul 2009 1:44 pm

Sarah McCarthy-Fry should be ashamed to give such an unsatisfactory response to the depositors of KSFIOM. Most people would blush to have to do so. Thousands of British depositors in KSFIOM, and their families, are collateral damage to the orchestrated bringing down of KSFUK by the British government. The Treasury Select Committee on the banking crisis recommended that the British and Isle of Man governments work together to resolve this crisis in the interests of the depositors. An independent inquiry is now called for to investigate their reluctance to do so and to ascertain the culpability of all parties involved.

Great numbers of depositors are in or near retirement and have lost their life savings. They are unable to survive without assistance and cannot recoup their losses. Many are now suffering ill health and depression. Those who are voted into government - and their representatives - should bear this in mind. They have a responsibility to see that justice is done.


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