Court highlights large number of AIB debt cases

The master of the High Court has queried whether AIB’s largest shareholder — the minister for finance — is aware of the extent of its litigation in repossession and debt cases.

Master Edmund Honohan, who deals with administrative matters for cases on their way to the High Court, said that about half of the 98 cases on Tuesday were taken by AIB and he asked aloud whether the bank’s “largest shareholder” was aware of this.

Of the bank’s cases, most related to debts exceeding €75,000, while 11 concerned possession proceedings. The same list included four debt-collection cases brought by Bank of Ireland and two by Ulster Bank.