AIB 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.
RTÉ’s Prime Time reported that Carey had received a 99.37% reduction of his debt and that he settled the debt with the State-owned bank in 2017. “But I think like anyone reading that story overnight, it is extremely worrying. I’d like to see AIB come before the Finance Committee to lay out exactly the nature of this. And indeed were there other write downs like this and to explain and have the debate.”When asked about it in the Dáil today, Taoiseach Leo Varadkar said that he was reluctant to talk about an individual’s finances, but believed that the issue would be explored at the committee.
Tóibín said that he was concerned by AIB’s writedown of Carey’s debt and questioned how many similar deals had taken place in recent years.
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