AIB may discipline employees further over €34m overcharging

Allied Irish Banks has not ruled out taking further disciplinary action against employees involved in the €34 million foreign exchange overcharging controversy at the bank.

A spokeswoman for the group said the disciplinary process was ongoing and had not yet been completed. It follows the granting of a temporary injunction in the High Court against AIB last Friday, preventing the dismissal of a senior employee.

Seamus Sheerin, the general manager of AIB's strategic ...