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Parliamentary Question addressed to the Minister for Finance

5th January 2014 - Olivia Mitchell TD

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To ask the Minister for Finance if the debt write off by AIB to Independent Newspapers (INM) was sanctioned by Government; and if he will make a statement on the matter?

Reply

As the Deputy will be aware under the Relationship Framework the State does not intervene in the day to day operations of the bank or their management decisions regarding commercial matters.

 
I have been informed that for confidentiality reasons AIB is not in a position to discuss details of individual customer circumstances. AIB reviews each individual’s circumstances on a case by case basis and all customers are dealt with consistently in line with AIB’s current policies and procedures.

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