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.
Mannin Music confirms Peel beach stage trial go ahead for summer
Peel Commissioners offer an extra six dates for events
Ribbon cut on fully refurbished M&S store
Staff, the Island's Lieutenant Governor and a giant inflatable Percy Pig mark completion of store makeover
Inflation falls to 2.9 percent in March
Restaurant, food and education costs continue to rise
Is 'inter-generational home sharing' the solution to the loneliness epidemic and housing crisis?
Island businessman says he has found the answer
