From Haughey to Rusnak - a history of AIB scandals

The results of an independent investigation into the foreign-exchange overcharging scandal at AIB are released today. But how damaging will they prove to be? Conor Keane and Paul O'Brien report.

From Haughey to Rusnak - a history of AIB scandals

IT WAS the length of time involved that was the most staggering aspect of it all. AIB had overcharged on certain foreign-exchange transactions not for a few weeks, or a few months, but almost 10 years. Today, with the publication of the independent investigators' report, the bank is expected to pay for that indiscretion.

But will it? Or is it merely the case that a handful of senior executives will pay by departing - ignominiously or otherwise - from the bank, thereby giving the appearance of a clean sweep being made while in reality nothing changes?

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