Creditors of the First International Bank of Grenada have been informed by its liquidator that they might get back nothing from the liquidation. In a letter to creditors dated April 23, 2001, FIBG liquidator Marcus A. Wide, of accounting firm PricewaterhouseCoopers, wrote that "there will be a significant shortfall to creditors".
Articles Banks & Trusts Featured First International Bank of Grenada Fraud Grenada Investment Liquidations & InsolvenciesApril 30, 2001
FIBG liquidator warns creditors to expect no dividend
23 years ago