| Liquidators say they need more time | | Print | |
| Monday, 12 April 2010 11:13 | |||
|
Kikivarakis and Munnings, who arrived on Friday, April 9, said they will need more time to appraise the bank's situation before they can give further details to depositors, creditors or shareholders. The two confirmed meeting with potential investors over the weekend, but say it will take time to gauge if the parties are serious and if their offers are in the best interest of the various stakeholders, whose funds are now tied up in the closed bank. They will now begin evaluating the bank's processes in an effort to figure out what when wrong, they said. They also have to evaluate how the bank will proceed with cheques deposited or written over the days shortly before the bank's closure. "These are all things we still have to figure out," Kikivarakis told the fp. A crowd continued to gather outside the downtown branch Monday morning, April 12, where anxious account holders wait for further information on how and when they will see their money again. Customers and shareholders affected by the closure can contact the liquidators at This e-mail address is being protected from spambots. You need JavaScript enabled to view it or 649-941-7500. For more information, visit the Web site www.tcibpliquidation.com.
|
Court appointed provisional liquidators Anthony Kikivarakis and Mark Munnings, partners of Deloitte & Touche, met with the media Monday, April 12, but the information continues to be vague. Related Articles
Entertainment: Your Island Guide
|
Top things to do in April Top things to do in April 1. From Golfing to More... |
|
Valentine’s Day Cup 2013 model sailboat races The Middle Caicos Sailboat Association will once again present the annual model sailboat races at More... |
|
Lime and Tourist Board announce weekly Fish Fry The Turks & Caicos Tourist Board & LIME partner with Cultural Fish Fry The Turks & Caicos Tourist More... |
|
Turks & Caicos Reef Fun to host dazzling evening The Turks and Caicos Reef Fund will host its 2nd Annual Cocktail Party Reception on Jan. 26 at the More... |
|
Fashion Glam at Regent Palms The Regent Palms is inviting everyone to an evening of fashion and glamour at their event being More... |
Latest Community News
|
Cholera Clinical Management Training Held in the TCI Healthcare professionals from the TCI Health Services were trained in the Clinical Management of More... |
|
Illegal Haitian immigrants Intercepted Illegal Haitian Immigrants Intercepted, to the Repatriated According to the Ministry of Border More... |
|
Ministry of Health Reminding public about sanitation Health surveillance teams attached to the Ministry of Health and Human Services (MOHHS) have More... |
|
Scholarship applications now being accepted The Ministry of Education has announced that they are now accepting applications for scholarships More... |
|
History and traditions stay alive at the 13th annual boat races in Middle Caicos The 2013 Valentines Day Cup welcomed many fun loving residents and tourists to Middle Caicos’ More... |