“Effectively Theft” James Hurley & Ian Fraser, The Times
“…. they (businesses) were not aware they were being put on death row…”
Video link to Committee meeting
“Is there truth in the allegation made, which is that the (Global Restructuring) group was a vehicle that allowed Ulster Bank to appoint receivers and liquidators for businesses with equity in respect of their assets?” (a/k/a Asset Stripping).
“…..less than 100 Irish Businesses made it out alive….”
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The Financial Conduct Authority (FCA) has admitted that the undisclosed credit line is a fraud in the Ulster Bank case as confirmed by Mr Ashley Alder at their AGM, 4/10/2023.
Ulster Bank / RBS Articles
(date?) Bailed out RBS systematically forged customer signatures, Nexus newsfeed
January 2013: Campaign against mis-selling of swaps by Irish banks is getting closer
October 2013: New Twist in Interest Rate Swap Scandal, Channel 4 News
May 2014: Ulster Bank we never preyed on struggling businesses, Belfast Telegraph
October2015: Ulster Bank shuffles management before new CEO named, Irish Independent
November 2015: RBS used inaccurate documents for payments, The Times
November 2015: RBS denies it manipulated swaps compensation review, Reuters
January 2017: Lead by Jackie Lavin, 60 Irish Companies want compensation from Ulster Bank, The Journal.ie
February 2017: RBS accused of fraud and forgery by customers and ex-employee, The BBC
February 2017: They were tampering with files” – The story of a whistleblower engineered out of RBS, Realmedia.press
February 2018: MPs publish full unredacted report into RBS small business scandal, The Guardian
February 2018: How RBS trained employees to forge signatures, Acts Online
February 2018: RBS taught us to forge signatures, The Times
February 2018: RBS admits forging an elderly woman’s signature, The Daily Mail
May 2018: Ulster Bank to refund 17 SMEs over GRG charges
July 2018: FCA defends not decision not to act over RBS small firms Scandal (“not within its remit”), Sky News
September 2020: RBS altered customer’s files ahead of independent review into swaps miss-selling, The Independent
August 2023: Nat west fixed-rate loan scheme for companies, “effectively theft”, the Times
August 2023: Faud Claim level against NatWest over Northern Ireland loans, Transparency Task Force copy of The Times article
August 2023: Pub provided key to unlocking the Ulster Bank loan scandal, The Times
November 2025: Mis-selling or The Largest Financial Fraud in British Bank, Bank Confidential
November 2023: Report demands 50Billion pounds redress for businesses over credit line, FT (Financial Times) Advisor
VIDEOS
(also on Video page)
Ulster Bank Fraud – Background (Transparency Taskforce)
Fraud Summary – video, Nicholas Wilson
Reporter Cast – Ulster Bank video w Steve Middleton
What was (is) The Role of:
The Central Bank of Ireland | Irish Law Firms and Individual Solicitors, Barristers, and | The Judiciary | Politicians & | The Permanent Civil Service | and Journalists
“A shocking crime was committed on the unscrupulous initiative of few individuals, with the blessing of more, and amid the passive acquiescence of all” Tacitus
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