DEPOSITORS who had embraced hopes of receiving some of the US$25 million allegedly held in a Dubai bank account belonging to former Cash Plus boss Carlos Hill are in for a cashless Christmas.

Court-appointed liquidator for Cash Plus, Hugh Wildman, told the Observer yesterday that his office was yet to receive any co-operation from Carlos Hill regarding the full disclosure of monies and assets held in Jamaica and abroad.

At a press conference held on October 6 at the trustee in bankruptcy offices, Wildman told journalists if the Hill brothers were to co-operate and return depositors’ funds immediately, Cash Plus depositors would have a good Christmas.

“We still have to be working without that co-operation to see how we can best realise these funds,” said Wildman.

Wildman said his office was able to further maintain the worldwide freezing order taken out against Hill and his brother Bertram from the courts last Friday.

The freezing order or Mareva injunction as it is legally known, bars the Hill Brothers as well as the Hill Group from transferring or disposing assets.

Wildman declined to comment further when asked for an update on his office’s latest attempts to secure and transfer the money to Jamaica in order to satisfy claims made by thousands of Cash Plus depositors.

“We have to be fighting and working to see how we can basically realise these funds. It’s not an easy task, but we’re fighting,” Wildman said.