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 Rose Conway WalshRose Conway Walsh (Sinn Fein) | Oireachtas source

I think there are financial crimes there. The anti-money laundering guidelines need to be revisited. I think that case will evolve. I want to ask two more questions. One relates to deeds of houses. If somebody has a loan on a house and pays it off in full, then asks at a local branch of an Ulster Bank for his or her deeds back, that person is told that they cannot be found. The person can ask at the central office, then this can go on for years, and the person has to take a legal case against Ulster Bank. Where are people's deeds held and can Ulster Bank lose deeds? People are told at local branches that the deeds have been lost. Surely people are entitled to get their deeds back without having to engage barristers and solicitors?

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