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3 former Anglo executives sent to trial

The former chairman of Anglo Irish Bank Sean FitzPatrick and 2 former Anglo directors have been s...
Newstalk
Newstalk

15.20 8 Oct 2012


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3 former Anglo executives sent...

3 former Anglo executives sent to trial

Newstalk
Newstalk

15.20 8 Oct 2012


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The former chairman of Anglo Irish Bank Sean FitzPatrick and 2 former Anglo directors have been sent forward for trial charged with financial irregularities at the bank.

They are accused of providing unlawful financial assistance to a group of investors so they could buy shares in the bank.

The 3 men sat separately in court until their cases were called.

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In the dock Mr. FitzPatrick was dressed in a navy suit, blue shirt and pink tie.

He sat with his arms folded between his 2 former colleagues.

They are former Anglo finance director Willie McAteer and former Managing-Director of Anglo Irish operations Patrick Whelan.

All 3 face the same 16 charges that in 2008 they provided unlawful financial assistance to members of the Quinn family and the so-called ‘Maple 10′ of Irish investors to enable them to buy shares in Anglo Irish Bank.

The book of evidence in 9 volumes was served against each of the 3 businessmen.

The 9 boxes were stacked up in the courtroom.

Judge Cormac Dunne has sent the 3 men forward for trial to the current sittings of Dublin Circuit Criminal Court.

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