You Paid His Rent

at

STATE-OWNED bank AIB yesterday disclosed that it paid €4,500 a month for a Dublin apartment used by David Hodgkinson during his term as executive chairman of the bank.

Mr Hodgkinson stayed in the apartment, the location of which the bank declined to reveal, throughout 2011 while he was executive chairman. Since assuming a non-executive role following the appointment of David Duffy as chief executive of the bank last December, Mr Hodgkinson stopped using the apartment.

“Do you know how hard it is to find a place to live here in Ballsbridge?” he said to the Guardian’s Lisa O’Carroll in an interview last year.

Hmm.

Chairman’s flat cost AIB €4,500 a month (Irish Times)

Mortgage arrears at AIB still on the rise (Irish Times)

(Laura Huttonl/Photocall Ireland)