AIB’s settlement deal with Haughey amounted to ‘indirect payment’

BY accepting £750,000 to settle his £1 million-plus debt, Allied Irish Bank (AIB) made an “indirect payment” to Charles J Haughey, the Moriarty Tribunal found.

An AIB spokesperson said last night that the bank had “no comment” to make on the findings.

The tribunal criticised AIB’s treatment of Mr Haughey when he held accounts during the 1970s.