AN OPEN LETTERTO THE LANDSBANKI DEPOSITORS
Over the weekend Landsbanki Guernsey Depositors Action Group (LGDAG) spokesmen
These accusations are entirely unfounded and I refute them in the strongest possible terms. I have not misled any voter or depositor on the work that the Guernsey Government is doing to help facilitate the recovery of monies to savers.
Indeed I have consistently outlined the actions taken by the Guernsey Government and myself as Chief Minister — including face-to-face with members of LGDAG.
LGDAG’s views are built on an erroneous interpretation to answers provided by the UK Government under Freedom of Information (Fol) legislation. Responses to Fol requests are notoriously terse and reveal only part of the picture, usually only responding within the strictest interpretation of the parameters of the questions and allowing for exemptions. It should be noted that HM Treasury (
I will confirm for the record once again that:
3. The Government of
I am very much aware of the frustrations and anger of the Landsbanki depositors. I understand it from my constituents, friends and indeed colleagues in the Government of Guernsey who are depositors in Landsbanki Guernsey.
Some of the more objectionable personal insults, while regrettable, are the result of ignorance of our Machinery of Government by many members of the LGDAG.
I do not make statements for short-term political expediency, nor will I seek to unfairly raise expectations. I call on all those who are involved in the Landsbanki issue, no matter how frustrated or angry they are, to take the same approach. It may be easy for some to forget, but we are all working towards the same objective.
It must be remembered that while there is little appetite from either members of the States, or our community, for the use of taxpayers’ monies in this matter, it is important that we continue to do all we can on behalf of those affected.
This is a painstaking process that must be followed to the letter. The Joint Administrator has legal primacy; the Guernsey Government has no legal role in this process.
Despite this the Government has decided to try to constructively influence the process, and the talks in