Investors take AIB to court over losses

A group of AIB customers who invested in its leveraged Belfry funds and lost huge sums are now bringing the bank to court

Victor Alfred, a part-time farmer, lost €500,000 and is part of the group which has issued the summonses to AIB Picture: Eamon Ward

It cost Victor Alfred half a million euro, part of a loan secured on 47 acres of his farm in Limerick. It cost Theresa Madden €50,000, which wiped out her children’s ...