AIB lands €1.19m from Mick Wallace property sales

AIB has now pocketed €1.19m from the sale of properties formerly owned by Mick Wallace TD’s main building firm around Dublin, documents show.

The bank recently got €150,000 from the €157,500 sale of Mr Wallace’s M&J Wallace Ltd third Temple Bar apartment and €31,980 in rental income from his firm’s portfolio.

M&J Wallace had owned four Temple Bar apartments when AIB appointed Gerry McInerney of McInerney Saunders of Swords as receiver to certain assets of the company in 2012.