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
Marie Sherlock (Labour) | Oireachtas source
Thank you, Chair, for putting on this additional session today the committee. I thank AIB and Mr. O'Keeffe and his team for coming here. The reason this hearing is so important is that AIB remains a bank with a majority State stake and we, as the State and as taxpayers, have little or no transparency as to the type or scale of write-downs it offers to its customers. We heard very clearly Mr. O'Keeffe say early in the meeting that there are no special deals for special customers. How many of the eight family home repossessions were in the 90% debt write-down category?
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