Vantis plc: Stanford International Bank Ltd in Liquidation (SIB) Update

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LONDON, February 6, 2010 (Business Wire / ME NewsWire): The Joint Liquidators of SIB, Nigel Hamilton-Smith and Peter Wastell of Vantis Business Recovery Services, wish to provide an update regarding the location and status of known SIB assets and their recovery.

Please click on the following link to access the update: http://www.vantisplc.com/stanfordupdate05-02-2010
Further communications will be issued when practicable.
For information relating to SIB, creditors are invited to visit www.vantisplc.com/Stanford or email stanfordenquiries@vantisplc.com.
Stanford Trust Company Limited (STC) remains in receivership and is not currently in a position to formally agree claims with its clients and creditors. The liquidators of SIB are, however, aware of the position of STC, and its clients and creditors, and know that STC’s clients’ claims will be formally registered with SIB in due course.
Vantis Business Recovery Services is a trading division of Vantis Group Ltd, which is regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities. Vantis Group Ltd is a Vantis plc group company.
AIM listed Vantis plc is a leading UK accounting, tax and business recovery and advisory group.

For more information about Vantis, visit www.vantisplc.com.

Source : ME NewsWire
*View this release online and download high resolution logo at:
http://www.me-newswire.com/news/1377

Contacts
Media contacts for Vantis Business Recovery Services:
Georgina Swain
Vantis - Press Office
+44 (0)20 7549 2451
georgina.swain@vantisplc.com
or
Richard Darby/James Strong
Buchanan Communications
+44 (0)20 7466 5000
jamess@buchanan.uk.com
or
Jo Kierstead
GyroHSR
+44 7894 937 516
jo.kierstead@gyrohsr.com

Source: Vantis plc

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