IFSRA report condemns AIB inaction on overcharging

The Irish Financial Services Regulatory Authority has accused certain members of AIB staff and management of witholding information on the overcharging scandal at the bank.

Speaking today, IFSRA chief executive Liam O'Reilly said: "The failures within AIB uncovered by the investigations are completely unacceptable. We will not tolerate such practices within the financial services industry."