The majority of the 2,500 investors in the Belfry property funds have begun to receive payments from AIB some two decades after they first invested in the ill-fated funds. To the happiness and amazement of investors spoken to by The Currency after a long battle the bank behind the fund, AIB, has decided to repay a significant number of them all of their money as well as additional payments plus, in some cases, damages. Others however including some in the final Belfry VI fund have been told a repayment is “not due.” Investors have been assessed on a case-by-case basis and…

Want to continue reading?

Introductory offer: Sign up today and pay €200 for an annual membership, a saving of €100.

Subscribe

Cancel anytime.

Are you already a member? .