The personal blog and website of Cllr. Deirdre Forde, Cork County Council
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Stock Exchange & Regulator must clarify actions over AIB share dealings

I am pleaesd to say that Fine  Gael  TD  Fergus  O’Dowd  has written to the Chairman of the Irish Stock  Exchange and the Financial Regulator to ask whether they have any knowledge  of  allegations  concerning share  dealings in AIB shares at Goodbody’s,  as  made  by  former  AIB  auditor  Eugene  McErleane.
The  allegations  were made by Mr McErleane in the Oireachtas Regulatory Affairs  Committee,  who  also  told  the  Committee  that the Financial Regulator knew about overcharging by AIB in 2001.
Deputy  O’Dowd, a member of the Oireachtas Regulatory Affairs Committee, has  asked  the  Stock Exchange Chairman and Financial Regulator whether they have  knowledge  of any reports or documentation on these matters,  and if so, whether they would be willing to publish the material. The  Deputy  also  called on  the Chairman and Regulator to specify any actions taken on foot of any such material.

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