Written answers
Wednesday, 15 January 2014
Department of Finance
Banking Operations
Olivia Mitchell (Dublin South, Fine Gael)
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125. To ask the Minister for Finance if the debt write off by AIB to Independent Newspapers (INM) was sanctioned by Government; and if he will make a statement on the matter. [1093/14]
Michael Noonan (Limerick City, Fine Gael)
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As the Deputy will be aware under the Relationship Framework the State does not intervene in the day to day operations of the bank or their management decisions regarding commercial matters.
I have been informed that for confidentiality reasons AIB is not in a position to discuss details of individual customer circumstances. AIB reviews each individual’s circumstances on a case by case basis and all customers are dealt with consistently in line with AIB’s current policies and procedures.
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