Kieran McCarthy MLA said: “This is a positive development for savers but I hope that all savers including those with larger sums of money get all their money back.
“People have had to wait a long time for this and I am pleased that these cheques have now been sent out.
“The rescue package means that those who had less than £20,000 invested will receive all their money back but those with more will receive 85% and the other 15% is dependent on the disposal of PMS property and other assets.
“This has been a very difficult time for PMS savers and I believe that every effort must be made to ensure that all savers are fully reimbursed.”
ENDS