David Drumm will be extradited in coming weeks

Former Chief Executive of Anglo Irish Bank will travel home to Ireland to face 33 criminal charges

Newstalk, Former Chief Executive, CEO, Anglo Irish Bank, David Drumm, Anglo Irish Bank, IBRC, Boston court

Rollingnews.ie

Updated 08.20

David Drumm has abandoned his legal challenge against extradition from the United States.

The Irish Times reports the former Anglo Irish Bank chief will return home to Dublin to fight 33 charges relating to transactions carried out while he ran the bank during the 2008 financial crisis.

His lawyers told a Boston court that he agreed to be extradited to Ireland, ending his four month challenge against removal from the US.

It is understood it may take several weeks to arrange his return to Ireland and co-ordinate his handover with the Irish authorities.

Irish Times journalist Simon Carswell told Newstalk Breakfast Mr Drumm was led into the formal court proceedings in shackles: