Oireachtas Joint and Select Committees

Tuesday, 19 June 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank

1:30 pm

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The witnesses have told the committee that the bank wrongly took over €7 million - approximately 20% of €36 million - from its customers and that it is unlikely to return the money to these business accounts until 2019 because the issue is a bit complicated.

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