Anglo probe extended to end of year

THE High Court has extended the investigation by the Director of Corporate Enforcement and gardaí into Anglo Irish Bank to the end of this year.

Anglo probe extended to end of year

The investigation, assisted by the Garda Bureau of Fraud Investigation, began almost two-and-a-half years ago after millions of files were seized from the bank in February 2009. On completion of the investigation it could take another two years to complete any criminal prosecution.

It is hoped the bulk of the investigation will be completed by the end of December while the enactment of new laws providing that reluctant witnesses in such investigations can be compelled to give evidence are imminent, the court heard.

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