AIB’ rogue trader’ report due this week

NEWS

DUBLIN -- Further details of the Allied Irish Banks (AIB) $700 million ‘FX fraud’ will emerge this week, following the completion of the bank’s month-long internal investigation into the affair.

Head of the investigation Eugene Ludwig filed his report to AIB chairman Lochlan Quinn last Saturday (March 9), and part, but not all, of the report will be released to the public this week.

The report is likely to clear up some questions of interest to the forex industry, notably just how the bank fa