Bloomberg News

Irish Police Investigate Kidnapping of Bank Worker and Robbery

February 01, 2007

Irish police are investigating a kidnapping in Dublin, the latest in a series of crimes in which workers and their families were abducted to force staff to hand over money from their companies.

A bank worker, his wife and two sons were taken hostage in north County Dublin, police said today in an e-mailed statement. The man was forced to remove money from a bank branch and took it to another location, police said, without saying how much was stolen. A man and a woman were arrested.

The worker is the assistant manager at a Bank of Ireland Plc branch, Irish broadcaster RTE reported on its Web site. The Dublin-based bank said in a statement that one of its workers and their family were kidnapped.

The crime was similar to robberies at a bank in September and a supermarket in October. The technique is known as ``tiger'' robbery because of the predatory stalking involved. Two years ago, a tiger robbery in Belfast netted $50 million and was linked to the Irish Republican Army.

``There is a growing trend whereby bank staff are viewed as a `soft-target' by criminal gangs,'' Larry Broderick, general secretary of the Irish Bank Officials Association, said in an e- mailed statement. The union asked Bertie Ahern, the Irish prime minister, to intervene.

To contact the reporter on this story: Louisa Nesbitt in Dublin at lnesbitt@bloomberg.net.

To contact the editors responsible for this story: Keith Campbell at k.campbell@bloomberg.net; Peter Torday at ptorday@bloomberg.net.


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