Paddy Burke (Fine Gael) | Oireachtas source

So what Mr. Leahy is saying is that those safe deposit boxes could have travelled around the world, going from one bank to another and so on. Maybe the next of kin have no dealings with the bank holding the safe deposit boxes now. Indeed, they may not know where they are. Mr. Leahy is saying that the activity is unregulated and in the context of Ulster Bank, there is nobody overseeing the boxes. We do not know what is going to happen to them. It is a contractual issue between the party who lodged items in the safe deposit box, perhaps 50 or 100 years ago, and the bank. It is really unregulated which leads one to wonder about it. I would have thought that the Central Bank would have some say in it.