
Claims seven year wait could have been avoided
A spokesman for depositors in Kaupthing Singer Freidlander Isle of Man says the Manx Government could have - and should have - acted faster to protect local deposits.
The parent bank in Iceland went into receivership in 2008, causing the local branch to collapse.
Answering a Key's question this week, Treasury Minister Eddie Teare said the FSC had done a superb job.
Mr Teare said 100 percent of depositor's capital had now been returned.
But Richard Carter claims the seven year wait for the cash could have been avoided: