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AIB chiefs under fire at angry EGM (RTE)

04 November 2011
The chairman of AIB has said he regrets some of the lending decisions taken by the bank, and in particular the impact they have had on shareholders, customers, staff and others.

Dermot Gleeson was speaking at the start of the bank's extraordinary general meeting, where shareholders expressed their anger and disappointment at the bank's recent performance. The EGM is being held to vote on the Government's proposed €3.5 billion injection of funds into the bank.

An angry shareholder threw an egg at chairman Dermot Gleeson shortly after the meeting started. The shareholder identified himself as Gary Keogh from Blackrock in CountyDublin, who is retired. He told the media that his pension income had been wiped out by the collapse in bank shares.

Another female shareholder said the bank had squandered their investment through dereliction of duty and greed. She said that as a shareholder she felt robbed and cheated