Probe into Anglo ‘potential fraud’

AIB has begun an investigation into potential instances of fraud relating to the deposit book of Anglo Irish Bank, which it acquired earlier this year.

In a short statement issued yesterday, the bank said that it started the investigation following a recent customer enquiry and was quick to add that whether or not it finds any proof of fraudulent activity having occurred, that none of its customers will suffer any financial loss.

“AIB began an investigation into whether any fraud occurred in a small number of transactions concerning certain discrete funds in the deposit book that was acquired from Anglo Irish Bank. In the event that fraudulent activity has occurred, AIB confirms any such transactions will be for the account of the bank and that customers will suffer no financial loss,” the statement said.