Treasury Minister Allan Bell says the government is doing everything it can to recover the assets of Kaupthing Singer and Friedlander.
An estimated 10,000 savers lost a total of ?860 million when the bank’s assets were frozen by the UK government under anti-terror laws.
Negotiations with the UK government are underway to try to get the money back for frustrated depositors.
Mr Bell says a government task force is meeting daily to resolve the issue (audio file attached):
Researching your Manx family history can be a very interesting and rewarding hobby. Trace your roots in the Isle of Man with our helpful of guide.
