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AIB whistleblower allegations must be fully investigated - Pearse Doherty TD

15 April, 2016 - by Eoin Ó Broin TD

Sinn Féin Finance spokesperson Pearse Doherty has said a whistleblower allegation that AIB misled regulators must be fully investigated by the proper authorities.

The whistleblower alleges that AIB misled the Central Bank on progress on loans in arrears in order to bump up its profit figures.

Speaking today Deputy Doherty said there must be proper accountability if the allegations is substantiated.

Deputy Doherty said;

“The allegation from the whistleblower today is extremely worrying and needs to be fully investigated by the proper authorities.

“If the allegation is substantiated then there needs to be full accountability and the person or persons responsible for misleading the regulator need to face the full consequences of their actions.

“It is also deeply worrying that allegations such as this one seem to be continuously missed by the regulator.  Issues such as the tracker mortgage scandal and the moneylenders scandal were brought to light by consumers and whistleblowers.  Questions must be asked of the regulator about why these issues seem to continuously be missed.”


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