Saturday 10 March 2012

STANFORD INTERNATIONAL BANK JOINT LIQUIDATORS INTRODUCE NEW ON LINE CLAIMS FORM

Based on creditors/victims feedback, the Joint Liquidators of Stanford
International Bank released a new interactive claims form today in efforts to make the process for filing a claim more user friendly and efficient. While this form does not change the information that is required to complete the proof of debt form, it does allow for the information to be entered in a more logical manner with the ability to add multiple accounts within the form. Upon entering the data a pdf version of the form is created that must then be printed and signed by all account holders before submitting. To access the forms, please go to:
http://www.sibliquidation.com/claims-administration/


We have started processing claims in the order in which they have been
received. Claims which require more information or which are clearly incorrect will take longer to process. We recognise that not all creditors/victims have full information to submit a claim based on the net cash method that is being used to calculate claims. If you require copies of any account statements, please send a request signed by all account holders to stanford.claims.support@uk.gt.com or by fax to +1 268 480 3725 and we will provide copies of the statements.

As an aside, we note that you may be able to receive immediate cash for your claim from one of a number of fund managers who have expressed interest in buying claims. We will post pertinent contact information on
www.sibliquidation.com for your consideration. The decision to sell your claim is yours alone. We cannot endorse any of the prospective buyers, nor advise you with respect to the value of your claim, nor advise as to the form, legal, tax or other ramifications of the sale or assignment of your claim.

For more information on the liquidation and the claims process we direct you to
www.sibliquidation.com.

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