More KSF evidence to be heard

Mon, 22 Nov 2010

More evidence into the collapse of the bank Kaupthing Singer and Friedlander Isle of Man will be heard next week.

The Tynwald Select Committee looking into the collapse will hear from Dr Angela Downs from the Depositors Action Group.

Her evidence will be followed by that of Chief Executive of the Financial Supervision Commission John Aspden.

The evidence will be taken in public from 2.30 on Thursday next week, in the Legislative Council Chamber.

The Committee is investigating the circumstances of the collapse of KSF Isle of Man in October 2008.