The Garda Bureau of Fraud Investigation is to investigate a multi-million euro fraud in funds which AIB acquired from Anglo Irish Bank.

A former senior official at Anglo is suspected to have stolen more than €3m from a number of deposit accounts.
AIB has reported the matter to the Garda and has also informed the Central Bank.
In a statement this afternoon the bank said it has also begun an investigation and has insisted that customers will suffer no financial loss.
This issue came to light two weeks ago when a customer at Allied Irish Bank noticed an irregularity in a deposit account and contacted the bank.
AIB said this afternoon it has begun an investigation into whether any fraud occurred in what it says is a small number of transactions concerning certain discrete funds.
The funds in question are part of the €8.6 billion the bank acquired from the Anglo Irish Bank deposit book last February.
A former senior official at Anglo, who was based in Dublin, is suspected of moving large sums of money between accounts to cover the thefts, avoiding detection by ensuring that funds were available for accounts that matured.
It is believed the man at the centre of the allegations has since passed away.

 

Britain expelled the remaining staff of the Libyan embassy as it granted political recognition to the Libyan opposition in the latest attempt to strike a telling blow against Col Muammar Gaddafi's regime.

Amid increasingly frantic diplomatic moves five months into a bombing campaign against the Libyan dictatorship, William Hague, the Foreign Secretary, said Britain could free up frozen funds for the Libyan opposition.
He said the opposition National Transitional Council (NTC) would be invited to send a diplomatic envoy to take over the Libyan People’s Bureau in Knightsbridge.
"The Prime Minister and I have decided that the United Kingdom recognises and will deal with the National Transitional Council as the sole governmental authority in Libya," Mr Hague said.
"In line with that decision we summoned the Libyan chargé d’affaires to the Foreign Office today and informed him that he and the other regime diplomats must leave the UK.
"We no longer recognise them as representatives of the Libyan government." The announcement added to concerns that the Government was groping for measures after the failure to oust Col Gaddafi despite five months of Nato attacks.