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David Drumm expected to arrive in Ireland tomorrow to face charges

Former Chief Executive of Anglo Irish Bank David Drumm is expected back in Ireland tomorrow ...
Newstalk
Newstalk

16.54 13 Mar 2016


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David Drumm expected to arrive...

David Drumm expected to arrive in Ireland tomorrow to face charges

Newstalk
Newstalk

16.54 13 Mar 2016


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Former Chief Executive of Anglo Irish Bank David Drumm is expected back in Ireland tomorrow to face 33 criminal charges.

Last month, he agreed to his extradition from the US to face the charges relating to his time as head of the bank.

David Drumm moved to Boston with his wife and two daughters just a few months after he resigned from Anglo at the end of 2008.

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He has been in custody since his arrest in the US in October.

Earlier this year, Mr Drumm's lawyers told a Boston court that he agreed to be extradited to Ireland, ending a four month challenge against removal from the US.

Drumm (49) faces 33 criminal charges in Ireland, including counts of false reporting, giving unlawful financial assistance, forgery, being privy to the falsification of documents, and conspiracy to defraud dating from his time at the helm of Anglo Irish Bank.

In the US he was also accused of making false statements when declaring bankruptcy. He faces charges of “acts of fraud, misrepresentations, concealments, transfers or other predicate acts”.

It is understood Mr Drumm is now being escorted back to Ireland and is due to be brought to a Dublin city Garda station in the morning where he will be formally charged.

It is expected he will then be brought to the next available district court sitting.

It is not yet known whether he will apply for bail or if gardaí intend to object to it.


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