Former chief executive of Anglo Irish Bank, David Drumm has spent a second night in police custody in Boston, after US Marshals arrested him on Saturday night.
Mr Drumm, who has lived in the United States since 2009, is expected to face an extradition hearing in court tomorrow. It is in relation to an Irish Government request for him to return to Ireland to face criminal proceedings here. In January garda investigators sent documents to authorities in the US, laying out the State’s case.
Tom Lyons, business editor of the Sunday Business Post, says Drumm could spend a long time in detention if he chooses to fight the extradition. Speaking to Newstalk Breakfast, Lyons said:
“If he says he’s going to fight this thing – and he has fought pretty much everything to date, and he has said he will - If he does fight this thing it’s going to be something that will take a considerable amount of time, and you’d think it would be unlikely we’ll see him this side of Christmas.”
Listen: Tom Lyons on David Drumm
Drumm moved to the US in 2009, six months after resigning from his position at Anglo.
He filed for bankruptcy in October 2010, after failing to reach a settlement on his debts.
The Government here has requested that he be extradited to face criminal proceedings.
Earlier this year, the Banking Inquiry agreed not to publish a written statement by Mr Drumm or hear his evidence by video link after concerns were raised by the DPP.
