Kaupthing Singer and Friedlander: Isle of Man

Treasury written question – answered on 22nd January 2009.

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Photo of Barry Sheerman Barry Sheerman Chair, Children, Schools and Families Committee

To ask the Chancellor of the Exchequer what steps he is taking to protect investors who originally banked with the Derbyshire Building Society but who subsequently found themselves customers of Kaupthing Singer and Friedlander Isle of Man bank.

Photo of Ian Pearson Ian Pearson Parliamentary Under-Secretary (Economic and Business), Department for Business, Enterprise & Regulatory Reform, Economic Secretary (Economic and Business), HM Treasury

I refer my hon. Friend to the answer I gave my hon. Friend Mr. Mitchell on 26 November 2008, Hansard, column 1902W.

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k siddall
Posted on 2 Jul 2009 3:28 pm (Report this annotation)

Mr Pearson

Why are you evading the question?

I was a customer of the Derbyshire for years and yes its true that as an expat albeit one that does pay tax its practicality impossible to open a bank a/c in the UK .

For shame that the actions of the British Government have deprived hard working British citizens of their life savings whilst at the same time ripping off the rest of the tax payers on their expenses this is a disgrace.