Wednesday August 5, 2020

Revealed: AIB's total professional fees paid out in 2011 €186 million to accountants, lawyers and others in one year

AIB paid out a total of €186 million in professional fees to accountants, lawyers and others in 2011, according to new information obtained by this newspaper.

9th March, 2014

AIB paid out a total of €186 million in professional fees to accountants, lawyers and others in 2011, according to new information obtained by this newspaper.

The fees were paid out in a period after former management had left and when it was under the direction of David Hodgkinson, who was then the executive chairman.

The high level of fees - much of which went to the London arm of accountants PwC - will renew questions...

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