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December 23, 2004
Bank in £20m raid not covered by insurance
The Australian owners of Northern Bank says take-over talks will not be affected by a £20 million heist despite no insurance having been taken out. About 20 robbers took part in an audacious raid on the bank's central Belfast headquarters yesterday, stealing an estimated £20 million in banknotes. The National Australia Bank, said it will have to bear the cost of the robbery because no external insurance was taken out.
Posted by Tom Troceen