AIB’s lavish trips outlined

Monaco, Mauritius, Mykanos and St Petersburg were some of the exotic locations that property tycoon Achilleas Kallakis whisked AIB staff off on as a thank you for completing property deals.

A court in London where Kallakis and his business partner Alexander Williams, are accused of more than £60m of fraud against AIB and Bank of Scotland heard of the lavish perks of which boom-time bankers availed.

The accused deny any wrongdoing and are pleading not guilty to all charges.