The Oireachtas Finance committee is expected to issue an invite to AIB this week to explain its debt write-off policy, after the revelation of bank’s settlement with former GAA star DJ Carey.
RTE’s Primetime reported last week that AIB wrote down €9.5m in debt owed by Carey, a former Kilkenny All-star hurler, to €60,000 in 2017. John McGuinness, the Fianna Fáil TD who chairs the Oireachtas Finance committee, said the committee would be meeting this ...
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DJ Carey: eye-watering debt write-off deals now common on Celtic Tiger loansAIB’s settlement with Kilkenny hurling star is typical in High Court-approved personal insolvency arrangements
Source: IrishTimes - 🏆 3. / 98 Read more »
DJ Carey debt: eye-watering write-off deals now common on Celtic Tiger loansAIB’s settlement with Kilkenny hurling star is typical in High Court-approved personal insolvency arrangements
Source: IrishTimes - 🏆 3. / 98 Read more »
AIB defends debt deals following DJ Carey criticismMajority State-owned bank addresses debt write-down for Kilkenny hurling star in circular to staff Govt bails out AIB, other banks and developers, sets up NAMA, then seems surprised that the banks do as they please. AIB are a bunch of wank*rs
Source: IrishTimes - 🏆 3. / 98 Read more »
TDs set to haul AIB before Finance Committee after DJ Carey debt revelationsAIB will be asked to appear before the Oireachtas Finance Committee to address why debt of €9.5 million owed by DJ Carey was reportedly written down to €60,000 in 2017
Source: thejournal_ie - 🏆 32. / 50 Read more »
Sale of golf properties linked to DJ Carey raised €1.8m towards his AIB debtFormer hurling star had about 80 per cent of his €9.5 million debt written off after sales Kilkenny should be made hand back all the all irelands the won with him playing So debt was originally over 11 million Where is he living now. Modest flat in kk no doubt
Source: IrishTimes - 🏆 3. / 98 Read more »