AIB got no cash in latter 2012 from Yates receivership

AIB did not receive an additional cent from the receivership of Ivan Yates’s collapsed Celtic Bookmakers business in the last six months of 2012, new documents show.

Documents lodged with the Companies Office during the course of the receivership of the former minister’s betting business show that AIB has received a total of €1.9 million from the receivership.

Documents lodged by receiver, Neil Hughes show that AIB received €1.5m in the first six months of the receivership in 2011 and the bank received a further €400,000 during the first six months of last year.