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Sat 09 Sep 2010Do you have change of a €25bn note?
PRESENT TENSE:IN 2004 Allied Irish Banks became embroiled in a furore when it was discovered to have overcharged foreign exchange customers to the tune of many millions.
At the time the figure was put at €14 million (it ended up costing the bank €65 million), and the initial number was enough to make it the lead story for most broadcasters and newspapers. There were rows in the Dáil. The bank’s then chief executive, Michael Buckley, neatly apologised by describing it as an “administrative cock-up”, as if someone had just crossed the wrong T.
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