Politics

AIB to be asked before Oireachtas committee over debt write-offs

It follows reports that the bank wrote down €9.5m in debt owed by former Kilkenny All-star hurler DJ Carey to €60,000 in 2017

John McGuinness: “We'll be looking to discuss the general policies that they have around debt write-off because it's not possible to discuss an individual's case with any of the banks. Picture: Conor Healy

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 ...