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Irish Mirror

National

Louise Burne

AIB says it does not cut 'special deals for special individuals' despite DJ Carey write-down reports

DJ Carey AIB Kilkenny Oireachtas Finance Committee Holly Cairns Leo Varadkar People Before Profit Sinn Féin Social Democrats

AIB chiefs have insisted that the bank does not cut “special deals for special individuals” when it is considering debt write-downs.

The bank stated that between 2015 and 2021, it wrote off debt worth €3.5bn.

Representatives appeared in front of TDs and Senators at the Oireachtas Finance Committee on Thursday following reports that former Kilkenny hurler DJ Carey received an alleged settlement resulting in a €9.5 million debt being written down to €60,000 (a 99.3 per cent reduction).

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