The whole Kaupthing Singer and Freidlander IoM debacle that the UK Government triggered by shuting down the operations of the UK sister bank Kaupthing HF appears to have been based on lies from the UK Chancellor, Alistair Darling. Not his office, but Alistair Darling himself.
Alistair darling stated that “The Icelandic government believe it or not, have told me yesterday they have no intention of honouring their obligations here.” On the basis of that, Alistair Darling shut down the operation of the UK Kaupthing HF bank throwing thousands of British lives into (so far) 8 months of hell. Families have been destroyed, homes repossesed, businesses have gone bust and people have died in poverty. Yet, it appears the Chancellor, Mr Alistair Darling was tell a fib.
This has been revealed by statements from the the UK Treasury that they have been forced to admit due to the Freedom of Information Act (Full details can be seen here).
On the 1st of Feburary a depositor wrote to the Treasury under the umbrella of the Freedom of Information act. The depositor wrote;
Dear Sir or Madam,
On the 8th of October 2008 Alistair Darling made the statement that “The Icelandic government believe it or not, have told me yesterday they have no intention of honouring their obligations here.”
Please supply the document the Chancellor based this statement on. Or, supply transcript of a conversation, which evidently took place on the 7th of October, in which the Icelandic government confirms that they did not intend to honour their obligations.
The Treasury (Kate Jenkins) replied back, on the 27th of Feburary with the transcript of the well-known telephone conversation between Alistair Darling and the Icelandic Minister of Finance, Arni Mathieson - The one where Darling thinks he met him weeks before whereas they actually have never met. In the transcript, at NO POINT does Arni Mathieson mention anything about having 'no intention of honouring their obligation [to UK depositors]'.
The depositor wrote back to the Treasury's Kate Jenkins;
Thank you for taking the trouble to reply to my FOI request.
The transcript of the conversation (supplied as a result of this request) between Árni Mathiesen and Alistair Darling on the 7th of October has been in the public domain for some time. The Icelandic Minister of Finance admits that they are in a difficult position but DOES NOT say they did not intend to honour their obligations.
Can you confirm:
1) That no other conversation took place between Alistair Darling and Árni Mathiesen on the 7th of October 2008?
2) That there was no written correspondence between Alistair Darling and Árni Mathiesen on the 7th of October 2008?
The response the depositor received is damning. It shows that not only does the UK Chancellor, Alistair Darling, not intend to make any move to help the thousands of British lives he destroyed, but it seems it was all complete porky pies in the first place!! The response received from the UK Treasury on 30th March 2009 was;
Freedom of Information Act 2000: Banks
You have previously made a request for a transcript of a conversation between Árni Mathiesen and Alistair Darling on 7th October 2008. Further to my response to you of 27 February 2009 on this, you asked on 2 March 2009 for confirmation that:
2. Following searches of our records, I can confirm that the Treasury does not hold a record of any further conversation or any correspondence on that date.
3. If you have any queries about this letter, please contact me. It will be helpful to us if you remember to quote the reference number above in any future communications.
So. The UK Chancellor LIED when he said “The Icelandic government believe it or not, have told me yesterday they have no intention of honouring their obligations here.” .
Yet, he proceeded to commit financial genocide on thousands of British subjects, forced to use offshore banks due to his Government's 2007 'Know Your Customer' legislation. Then the man has the gall to say 'it is a matter for the Isle of Man Government! Even more shameful is lack of interest or realisation of the seriousness by UK MPS. Shame on the UK Chancellor Alistair Darling. Shame on the UK Treasury. Shame on UK MP's for allowing the UK Government to get away it.