Manx radio online 16 June 09: Cannan criticised over KSF scheme

The full cost of the rejected Kaupthing Singer and Friedlander Scheme of Arrangement still isn't known.
In Tynwald today, Treasury Minister Allan Bell told Michael MHK David Cannan that a written statement of the costs incurred would be circulated in due course.
However, he angrily rejected Mr Cannan's suggestion that drawing up the scheme had been a waste of money. ...

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