Irish c bank "seriously concerned" by AIB report

IRELAND - The Central Bank of Ireland said Thursday it is "seriously concerned" by what has emerged from the so-called Ludwig report into fraudulent trading activities at Allied Irish Banks PLC (U.ALB).

"There will be continuing dialogue with AIB in regard to all decisions, and the implementation thereof, that are needed to ensure that risk management and control procedures conform to best international practice," it said.

The central bank said it is "continuing to work closely with the U.S. Fe

To continue reading...