By Francis Chan

THE structured notes fiasco may have caused thousands to lose their investments but it was resolved fairly and without political pressure, said Trade Minister Lim Hng Kiang on Monday.

'While not all investors may accept the case-by-case approach, we believe it is the correct approach that is fair to the individual investor,' said Mr Lim, who is also deputy chairman of the Monetary Authority of Singapore (MAS).

Financial institutions who sold the complex and eventually near-worthless products reviewed more than 5,000 complaints, offering compensation to more than two-thirds - with a quarter getting full compensation of their investment.

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