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.
Move for Peel Hospice shop
The retail outlet now at 27 Michael Street
Thousands tell Steam Packet what they want to see replace Manannan
All-year all-weather vessel a priority, say respondents
Law firm offers free no-obligation session
It will take place on 10 February
Steam Packet freight charge increase 'not linked to minimum wage'
3.3 percent rise came into force in October
