Minister rebukes AIB over call to sell stake

Finance Minister Paschal Donohoe has criticised AIB boss Bernard Byrne over his calls for the Government to sell its stake in the bank.

Recently, Mr Byrne called on the Government to consider selling more of the bank to private investors following the sale of 28.75% of the bank last year for €3.4bn.

Mr Byrne said the total value of cash received plus the 71% of the market value actually equates to the €20.8bn the state invested in AIB.