Ulster Bank: We never preyed on struggling businesses

Daily Telegraph logo

Lender rejects TV claims it liquidised viable firms

BY MARGARET CANNING – 15 MAY 2014

Ulster Bank has said it “strongly refutes” allegations in a BBC Spotlight programme that it put viable companies into a restructuring division to make profit.

However, BBC NI said it “stands by” its journalism in Tuesday night’s broadcast, which interviewed property developers Brian Polly and Michael Taggart – who is in a prolonged legal battle with his former funders.

The BBC said it had taken “great efforts” to represent Ulster Bank’s views in the programme, which also featured businessman Lawrence Tomlinson.

READ MORE

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: