
Chief Minister Tony Brown has told Tynwald there remains a degree of confusion over what powers were used by the UK government to seize the £550 million of Kaupthing Singer and Friedlander Isle of Man funds.
Speaking in response to a question from Onchan member Peter Karran, he admitted the situation was far from ideal but currently they had their hands tied.
Island businesses invited to FSA events
Government support for two 'long-stalled' Douglas developments
Drop-in for Manx charites that operate internationally
Charity says bank support has been vital
