Regulator: Claims 'without foundation'

The Financial Regulator today rejected claims by a former internal auditor with AIB that the Regulator know about over-charging in the bank as far back as 2001.

Tue, 24 Mar, 2009 - 18:02

The Financial Regulator today rejected claims by a former internal auditor with AIB that the Regulator know about over-charging in the bank as far back as 2001.

In a statement issued this afternoon, the Regulator said it that published a detailed report in December 2004 into foreign exchange and other charging issues at AIB following a full investigation into these matters.

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Courts Banks Person: Eugene McErlean Organisation: Financial Regulator Organisation: AIB Organisation: Joint Oireachtas Committee on Economic Regulatory Affairs Organisation: Central Bank Organisation: Joint Oireachtas Committee

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