Police in Northern Ireland say an organised crime gang made off with more than twenty million pounds in a raid on a Belfast bank.

The robbery, at the headquarters of the Ulster Bank, took place last night after the families of two bank officials were taken hostage. Police said it was too early to say if there was paramilitary involvement.

The thieves got away with £26.5 million sterling making it the

One of the most lucrative heists ever.

This report includes footage from a press conference with Assistant Chief Constable Sam Kincaid of the PSNI who comments on the robbery and organised crime gangs.

An RTÉ News report broadcast on 21 December 2004. The reporter is Declan McBennett.