Oireachtas Joint and Select Committees
Thursday, 2 March 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Debt Write-down and Debt Resolution Policies: Allied Irish Banks
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
One of the things they asked the committee to do was to write to AIB requesting information on how many debts above 90% have been cancelled. In other words, how many people outside of bankruptcy and insolvency had more than 90% of their loan written off. In fairness to AIB, it has provided this information. Over 90% of a loan is a sizeable amount. Mr. O'Keeffe told us it involves about 1,900 people. Can he tell us how many of those loans were over €1 million?
No comments