Oireachtas Joint and Select Committees

Tuesday, 3 September 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Financial Sector: Discussion with AIB

4:40 pm

Photo of Arthur SpringArthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source

I apologise, but as I have only two minutes remaining, I must move on. For me, there are two issues for the Government, namely, joblessness and personal insolvency. That is the reason I am adamant we have this resolved.

Has there has been an internal investigation into whether the previous directors of AIB acted negligently during their period of stewardship? Also, is Mr. Duffy aware of the fact that the loans of many of AIB's small business customers have been sold to debt collectors? In some cases, guarantees have been given by people now in their eighties whose only asset is their home. Despite this, they are being pursued for the debts of small businesses. Is Mr. Duffy aware of this?

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