DASA Trustmark

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  • #52745
    kwatt
    Keymaster

    Before it breaks into the wild which, will almost inevitably happen, what’s the story? Does anyone know?

    Rumours reach me today that there’s some sort of investigation into the manner in which the scheme is being operated or something along those lines. True or false, I don’t know as yet but, no doubt, I’ll find out eventually.

    Sketchy details but I’m sure someone will know more than I do at present.

    If it’s a bit of intrigue or a scandal though, it will just feed another “we hate DASA” thread which, TBH, I can’t be bothered with.

    K.

    #312946
    Flipper
    Participant

    Simple – If you read press reports about trustmark, they were very short of cash, there also seemed to be very little funding coming from other sources into Trustmark, and Government appeared to have put it on the back burner. Our opinion was Trustmrk was going bust or not going to last in the current economic climate.
    Because of this after a couple of meetings with trustmark DASA temperarily suspended joining.


    I don’t know anything about an investigation ?

    #312947
    kwatt
    Keymaster

    Ta Phil.

    I just got a snippet of info on it hence I wanted clear info before something got posted.

    What wasn’t clear was whether it was DASA’s application, Trustmark itself or whatever else that was being looked at. In light of what you’ve said it’s probably the viability of Trustmark itself that’s being called into question, which is a good thing.

    K.

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