Banks: Forged Customer Signatures Debate

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Department: Home Office

Banks: Forged Customer Signatures

Lord Hendy Excerpts
Monday 16th January 2023

(1 year, 9 months ago)

Lords Chamber
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Lord Sharpe of Epsom Portrait Lord Sharpe of Epsom (Con)
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Regarding the national strategy, the noble Lord makes a very good point. I committed at the Dispatch Box that it would be out before the end of last year. However, I can confirm that it is being discussed cross-departmentally and is imminent. If noble Lords are interested, I am happy to set up a briefing so that we can discuss it in greater detail as soon as it is published.

Lord Hendy Portrait Lord Hendy (Lab)
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My Lords, the Minister says that the reason for the delay is that fraud is complex. It is, but why is banks forging the signatures of their customers complicated?

Lord Sharpe of Epsom Portrait Lord Sharpe of Epsom (Con)
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My Lords, I have not seen the 10,000 pages of evidence in the 26 lever arch files, but expert investigators have, and it is their opinions that we are waiting for.