AIB urged to explain 99 per cent debt write-down for DJ Carey

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AIB urged to explain 99 per cent debt write-down for DJ Carey
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Ministers and Opposition call on majority State-owned bank to be questioned on ‘jaw-dropping settlement’

Two other members of the committee, Aontú leader Peadar Tóibín and Solidarity TD Mick Barry, have confirmed they will suggest that AIB be invited to the committee.

It came after the bank had secured a High Court judgment for the €9.5 million on May 9th, 2011, most of which arose from a €7.85 million loan to Mr Carey relating to properties in Mount Juliet in Co Kilkenny and the K Club in Co Kildare.

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