Northern Ireland: Northern Bank

House of Lords written question – answered on 24th February 2005.

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Photo of Lord Maginnis of Drumglass Lord Maginnis of Drumglass Crossbench

asked Her Majesty's Government:

Whether the statement of Chief Constable Hugh Orde that the Northern Bank notes stolen in the £26.5 million Belfast robbery were merely "waste paper" is accurate and valid.

Photo of Baroness Amos Baroness Amos President of the Council, Privy Council Office, Lord President of the Council and Leader of the House of Lords (Privy Council Office)

The chief constable's comment followed the Northern Bank's decision to withdraw from circulation its current bank notes, and replace them with notes of a different colour and style. Given the expected timetable of a change over, any move to achieve the value of the stolen notes exposes those responsible for the robbery to the risk of detection thereby rendering the notes valueless.

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