Former Anglo Irish Bank chiefs sent for trial

Simon Carswell
Irish Times
October 8, 2012

Three former executives of Anglo Irish Bank have been sent forward for trial at the Circuit Criminal Court on charges of providing unlawful financial assistance to 16 individuals in July 2008.

The bank’s former chairman Seán FitzPatrick, former finance director Willie McAteer and former managing director of the bank in Ireland Pat Whelan were served the books of evidence – amounting to nine volumes in three boxes for each of them – in court this morning.

The men appeared before Judge Cormac Dunne at the Criminal Courts of Justice next to the Phoenix Park in Dublin, sitting beside each other for the first time since they were charged in July. They did not speak to each other during the ten-minute hearing.

Mr McAteer and Mr Whelan were accompanied by their wives, while Mr FitzPatrick attended court with his sister and his daughter. Mr FitzPatrick wore a navy suit, light blue shirt and pink tie. Mr McAteer wore a navy suit, blue tie and light blue shirt. Mr Whelan wore a navy suit and shirt but no tie.

Detectives from the Garda Bureau of Fraud Investigation and the Office of the Director of Corporate Enforcement began leaving the boxes containing the books of evidence next to the three men in court during the hearing.

The judge intervened saying that there was “no need to physically personally” hand them the volumes as it didn’t make sense; the books of evidence could be given to solicitors for the three men, said Judge Dunne.

A solicitor for Mr Whelan asked the court to change the terms of his bail. He was previously told to give 48 hours’ notice if he is travelling abroad. The court agreed to suspend his signing-on conditions while he was travelling.

Former Anglo executives Mr FitzPatrick, Mr McAteer and Mr Whelan have been charged under company law offences relating to providing unlawful financial assistance to 16 individuals in July 2008 as the banking crisis was worsening. They were charged, indicted and released on bail last July.

Read more…

Why is it that Iceland and Ireland hold these white collar, bankster criminals accountable but Americans allow their politicians to continually bail them out and demand no criminal charges?!?
Similar posts:
Whom would Obama appoint to the Fed?
Cenk: Iceland Arresting Bankers WORKS! Economy Growing Faster Than EU Now.
Quantitative Easing Explained!


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s