100,000 people in line to receive compensation

More than 100,000 people caught up in the Ulster Bank crisis could be in line for compensation once the scandal is resolved.

Financial Services Ombudsman Bill Prasifka confirmed the move may be on the cards as the banking furore reached its one-week watershed today.

Mr Prasifka told the Irish Examiner his office would examine any complaints it received and, if necessary, award compensation.