A senior AIB executive has told the Mahon Tribunal that the bank would 'possibly' have reported corruption allegations to gardaí.
Dave McGrath denied that he was aware of bribery claims by developer Tom Gilmartin concerning the Quarryvale development.
Mr McGrath admitted he was wrong in evidence last week to say the bank had a file note of Tom Gilmartin threatening to go to the press about Quarryvale.
He said he was confusing this with evidence given to the inquiry by an AIB colleague and he apologised.
Mr McGrath said he was unaware of allegations of blackmail and corruption made by Mr Gilmartin to another colleague.
But he said Mr Gilmartin had described the Corkmen as 'robbers' in a reference to rival developer Owen O'Callaghan and his solicitor.
Mr McGrath has testified that he travelled to London in December 1992 to stop Mr Gilmartin going to the press ahead of a crucial rezoning vote.
But Mr McGrath said he did not know what Mr Gilmartin was going to say to the media.
Mr McGrath said he was 'probably' aware of newspaper reports in July 1993 concerning planning corruption in Dublin at a time when AIB was owed £14.5 million from the Quarryvale project.
He said the bank would possibly have gone to the gardaí or Government if it heard allegations of corruption.
But he said the bank would certainly have gone to the planning authority even if this would undermine the security of its asset in Quarryvale.
Mr McGrath said 'soundness of credit dims into insignificance when it comes to the reputation of the bank'.
