A second former executive at Anglo Irish Bank is to stand trial on revenue charges.
Bernard Daly, aged 65, with an address at Collins Avenue West, in north Dublin, appeared in court yesterday following his arrest by the fraud squad.
The former senior executive joined Anglo in 1999 having previously held a position in the Central Bank. He was appointed as Anglo’s company secretary in 2003 and held that position until he resigned four years later.
Anglo, which subsequently collapsed, was nationalised in 2009 before it was later rebranded the Irish Bank Resolution Corporation (IBRC) — now in special liquidation.
Mr Daly remained silent during his brief hearing at Dublin District Court.
Det Daniel MacGinty, of the Garda Bureau of Fraud Investigation, told Judge Hugh O’Donnell that Mr Daly was arrested at Chancery St, Dublin, at 1pm yesterday on foot of four arrest warrants.
Sixteen minutes later, he was charged with four offences and “he replied not guilty after each charge after caution”.
State solicitor Tom Browne told the judge there was consent to bail with conditions which had been agreed with Mr Daly’s lawyer Robert Eagar. Mr Browne said bail was to be set in the 65-year-old’s own bond of €1,000 but a cash lodgement was not required.
He must reside at his current address and notify Det Garda MacGinty 48 hours in advance if he intended to travel outside Ireland or the UK.
The former banker has to sign on every Friday at Santry Garda Station but that condition is to be suspended when he is out of the country.
Mr Browne, for the State, told the judge the DPP has directed “trial on indictment” meaning the case will go before a judge and jury at the Dublin Circuit Criminal Court.
A 12-week adjournment was needed to prepare the book of evidence and the prosecution lawyer asked for the case to be listed again at the district court in February so it can join with that of a co-accused.
The judge extended time for the book of evidence to be drafted and Mr Daly, who has not yet entered a plea, was remanded on bail.
He will face his next hearing on Feb 6 when it is expected that he and a co-accused will be served with a book of evidence and returned for trial.
Mr Daly is facing four charges under the Taxes Consolidations Act 1997 relating to alleged offences between Mar 25, 2003, and Nov 17 that year.
It is alleged that being an officer of Anglo Irish Bank Incorporated PLC he concealed a named account.
Mr Daly is also accused of conspiring to obstruct and interfere with an officer of the Revenue Commissioners in the exercise and performance of his powers.
In the third count, he is accused of conspiring to conceal from the designated officer a named account Anglo was required to produce for inspection.
In the fourth charge, it is alleged that he produced incorrect documentation.
Last Thursday, at Dublin District Court, the same charges were brought against Anglo’s former head of treasury, Tiernan O’Mahoney, aged 54, from Glen Pines, Old Long Hill Road, Enniskerry, Co Wicklow,
He was also remanded on bail until Feb 6 next.
Yesterday, Mr Browne, the prosecution solicitor, also told Judge O’Donnell that in relation to the reporting by the media, the trial of three former officers of the bank is listed to begin on Jan 13 and “the present case has no factual connection with that”.
Nothing should be reported that would prejudice that trial or the proceedings involving Mr Daly, he added.
The judge ordered that nothing prejudicial should be published.
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