Sean FitzPatrick trial over alleged false statements begins

He is accused of furnishing false information to Ernst & Young

Sean FitzPatrick trial over alleged false statements begins

Former Anglo Irish Bank chief executive Sean FitzPatrick leaving the Central Criminal Courts of Justice in 2015 | Image: RollingNews.ie

The trial of Anglo Irish Bank's former CEO Sean FitzPatrick has got underway.

The 69-year-old is accused of making misleading, false or deceptive statements to auditors Ernst & Young between 2002 and 2007.

Mr FitzPatrick is facing a total of 27 charges.

Aside from being accused of making misleading, false or deceptive statements to the bank's auditors, he has also denied furnishing false information to Ernst & Young between 2002 and 2007.

As a result, Dominic McGinn, who is prosecuting, claims Anglo's end of year accounts did not give a full, true and honest picture of the state of the bank.

Between those years, the jurors heard that Mr Fitzpatrick had loan portfolios of between €10m and €100m.

Mr McGinn said he would try and prove that these loans were artificially reduced in order to improve its end of year position.

An enlarged jury of 15 was originally sworn in to hear his trial - but two jurors have since been excused.

They have been urged not to pre-judge the case and to give Mr Fitzpatrick the presumption of innocence that all accused enjoy before the courts.

They were asked to just look at the evidence and nothing else.

The prosecution will call its first witness tomorrow.