Neale Richmond said that the details of the bank's settlement with the businessman were 'extremely worrying'.
MINISTER FOR STATE for Employment Affairs Neale Richmond has called on AIB to appear before the Oireachtas Finance Committee to address why a debt owed by DJ Carey of €9.5m was reportedly written down to €60,000 in 2017.
“Whilst the state had effective ownership over AIB at that point, they didn’t have policy direction over the bank. And nor they do they at the moment,” he said. “There needs to be transparency as to why this deal was done. I think it will be really upsetting for so many families that were chased during that period by banks.”
“You just think of the hardship that so many people went through: homes being repossessed, people being chased for every cent when they were being crucified with unemployment and austerity,” he stated.
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