Ms Jackie Lavin:

It is absolutely essential the Central Bank and the Financial Regulator take the lead on this. They have put up their hands in the UK and admitted wrongdoing. The Central Bank has to lead an independent investigation. The complaints mechanism which Ulster Bank speaks about putting in place is totally inadequate. It has already led two of these, here and in the UK, whereby it paid a so-called independent entity to find it completely not guilty, which was a whitewash as we all know now because of the revelations which have since come to light. It is essential that the Central Bank takes the leading role and establishes a proper independent investigation so proper compensation can be set aside for these companies which have suffered because it is quite clear now it was a deliberate bringing down of perfectly viable companies that would have survived through the recession. We hear this every single day through the organisation we have established.