Tuesday, 27 May 2014

Questions (160)

Lucinda Creighton


160. Deputy Lucinda Creighton asked the Minister for Finance if he will confirm whether Allied Irish Banks have adopted a joint approach for compensating all borrowers affected by a former investment manager (details supplied) who is currently on the run and subject to a Garda-Interpol investigation; if he will confirm what, if any, compensation has been provided by Allied Irish Banks to those clients affected by a former investment manager's alleged criminal acts; and if he will make a statement on the matter. [23210/14]

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Written answers (Question to Finance)

In line with normal practice AIB is precluded from discussing or divulging details of individual customer circumstances. The bank is also precluded from commenting in any way on matters that are the subject of a Garda investigation or on any allegations of criminal acts and malpractice.