KSF collapse committee to hear evidence from Treasury Minister

The bank collapsed in 2008, people lost millions of pounds.

The Island's treasury Minister will be giving evidence into the collapse of the Isle of Man's branch of Icelandic bank Kaupthing, Singer and Friedlander and the depositors compensation scheme.

The bank collapsed in 2008, people lost millions of pounds.

This week, one of the biggest ever fraud enquiries in the UK is underway after nine arrests were made in relation to the collapse of Kaupthing.

The Select Committee will hear from Treasury Minister Anne Craine on Monday.