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Northern Ireland: Northern Bank

Volume 669: debated on Thursday 24 February 2005

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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. [HL1210]

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.