MPs demand investigation into banks forging signatures

In open letters, Morgan wrote that there are allegations of criminal activity at banks, where home repossessions and other documents are not being signed by the authorised person.

MPs demand investigation into banks forging signatures

The chair of the Treasury Select Committee Nicky Morgan (pictured) has asked the Financial Conduct Authority and National Crime Agency to investigate the issue of banks forging signatures on documents.

In open letters, Morgan wrote that there are allegations of criminal activity at banks, where home repossessions and other documents are not being signed by the authorised person.

She asked both organisations to engage with the Bank Signature Forgery Campaign to review the evidence they have and take action where appropriate.

Morgan wrote letters to Andrew Bailey, chief executive of the Financial Conduct Authority, as well as Lynne Owens, director general of the National Crime Agency, both of which she placed in the public domain.

A National Crime Agency spokeswoman said: “The National Economic Crime Centre acknowledges receipt of letters from Nicky Morgan MP, Chair of the Treasury Committee, and Kevin Hollinrake MP relating to alleged bank signature forgery.

“We are in contact with their offices and welcome the opportunity to discuss the matter further.”

The FCA was unavailable for comment.