Cornish credit union to return money within seven days

(1 Post)
ariadneoliver Tue 19-Feb-13 17:03:34

www.bbc.co.uk/news/uk-england-cornwall-21498208

Fortunately the liquidators have approved a hardship fund for those who had their benefits paid in. The report doesn't say why it was insolvent though, other than the obvious that liabilites exceeded assets.

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