Oireachtas Joint and Select Committees

Thursday, 9 May 2019

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

Matters Relating to the Banking Sector (Resumed): Ulster Bank

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

Does Ms Howard care that some of customers in Project Scariff had their details released - this is from the same crowd, Cabot - including names, contact information, job details and outstanding balance? Not only were they told to clear their arrears within 30 days or the property would be taken and their tenants left high and try, there was a data breach, which resulted in their names, contact information, financial details and outstanding balances being released. Ulster Bank put them in this position because it sold them. We told the bank that if it sold to vultures, they would not care. They play fast and loose. Ulster Bank has a responsibility to treat its customers in an appropriate manner. It gives a write-down to the vulture funds but it will not apply that to its customers.

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