Mobile News: FCIB releases mobile traders’ money

April 22, 2008
Traders’ money, frozen in VAT probe since 2006, starting to be released

More money has been released to traders from the First Curucao International Bank (FCIB), based in the Caribbean.

Around 3,000 mobile phone traders have had funds frozen in the FCIB since August 2006, when the FCIB was placed into administration on suspicion of handling fraudulent VAT funds.