David Drumm's bail hearing has been postponed

David Drumm's bail hearing has been postponed

David Drumm's bail hearing in the US has been postponed until the end of the month.

The postponement was applied for today by the former Anglo Irish Bank chief executive’s lawyer Tracy Miner.

Miner told the court she needed more time to prepare arguments on why he should be released.

The 48-year-old is facing 33 criminal charges, including counts of false reporting, giving unlawful financial assistance, forgery, being privy to the falsification of documents, and conspiracy to defraud dating from his time at the helm of the bank.

Reporter Joe Stohlman was in court today and says Drumm’s legal team had been scheduled to make arguments at a hearing tomorrow.

"David Drumm is due to spend another two weeks in prison as the court date for his bail hearing has been pushed back to October 26."


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