Financial regulator fines AIB €2.3m

 

Sir, – The financial regulator has found AIB guilty of six breaches of anti-money laundering laws (News, April 26th). The bank – 99.8 per cent of which is owned by the State – was fined €2.3 million. Who exactly was punished? – Yours, etc,

BRIAN O’SHEA,

Ardgroom,

Beara, Co Cork.