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
Pearse 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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