Campaigns
On 8 July 2007, a rally was held at Altab Ali Park where George Galloway called on the government to compensate the victims for the money they lost in this scandal.
On 10 July 2007, George Galloway held a meeting with Kitty Ussher (Economic Secretary to the Treasury) and called on the government to set up a Farepak-style crisis fund to compensate the victims. The minister said there would be support for such a fund from the government and a statement would be made to parliament shortly on the First Solution crisis.
Hundreds of people demonstrated and lobbied MPs outside the houses of parliament on 11 July 2007. The government has confirmed it is planning a rescue package to compensate the victims although the government itself would not be donating any money into the fund. The issue was debated in Parliament on 18 July 2007.
On 3 August 2007, the Government's Official Receivers were appointed as provisional receivers at the request of the Secretary of State, Stephen Timms. A provisional court date of 6 November 2007 has been announced.
The Directors of First Solution Branches have been working behind the scenes since the start of this fiasco to try and come up with a Rescue Plan to revive First Solution Money Transfer Ltd. The Rescue Deal would mean that the creditors are get their money back and also First Solution Money Transfer Ltd does not go into the history book as a major Bangladeshi business failure in the UK. The plan is currently awaiting approval from the Treasury and the High Courts.
Read more about this topic: First Solution Money Transfer
Famous quotes containing the word campaigns:
“That food has always been, and will continue to be, the basis for one of our greater snobbisms does not explain the fact that the attitude toward the food choice of others is becoming more and more heatedly exclusive until it may well turn into one of those forms of bigotry against which gallant little committees are constantly planning campaigns in the cause of justice and decency.”
—Cornelia Otis Skinner (1901–1979)