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AIB to discuss its debt write-down policy in The Oireachtas today

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Sinopsis

About 1,900 AIB borrowers secured private debt write-offs of more than 90 per cent since the financial crash the bank has disclosed in the wake of revelations that DJ Carey’s €9.5 million debt to the bank was written down by an estimated 80 per cent. We asked Brendan Burgess, Founder of the consumer forum Ask about money.com, is this common practice?