The campaign for justice
The British Government stonewalled us for almost a decade with enquiry after enquiry, delay after delay and finally in 2011 after a long campaign by EMAG, the coalition has come up with £1.5 billion. But our losses are nearer to £6 billion.
EMAG is mounting a national campaign to ensure that the Government finally honours its moral obligation to put right the wrongs done to us by successive incompetent regulators – the GAD, The Treasury, the DTI and the FSA.
The Parliamentary Ombudsman has found massive maladministration by Government departments. Gordon Brown fought tooth and nail to avoid paying out a penny in compensation and the new government is trying to get away with 25% of what we have really lost.
So we plan to continue to engage with our MPs in the constituencies, until the government realises that the “Equitable problem” will not go away until they sort it out properly.