A High Court judge will rule next week whether Sean Quinn’s children can pursue a key claim their father unduly influenced them to sign securities for loans of hundreds of millions by Anglo Irish Bank to Quinn group companies.
Fri, 22 Mar, 2019
The former head of group finance at Anglo Irish Bank said he was not aware that €7.2bn transactions with Irish Life and Permanent were “a straight exchange of cash with no underlying security” until after they had taken place.
Tue, 13 Mar, 2018
David Drumm, the former chief executive of Anglo Irish Bank, has pleaded not guilty to being involved in an alleged €7.2bn conspiracy to defraud and to dishonestly providing false information to the market.
Wed, 10 Jan, 2018
Former banking boss David Drumm has claimed he does not represent a flight risk, despite lawyers arguing he has the means to flee, borne out by his wealthy lifestyle, including the $100,000 (€93,000) annual spend on his children’s education.
Sat, 14 Nov, 2015
The declaration by David Drumm, former chief executive of Anglo Irish Bank that he would deliberate to the banking inquiry by video link is an outrageous display of condescension and disrespect toward the Irish public and a mischievous instance of self-serving manipulation.
Thu, 30 Jul, 2015
DPP raises new concerns over publication of David Drumm’s statement; Cuthbert ‘stepping down with immediate effect’ as Cork senior football manager; Ryanair flight returns to airport minutes after departure to remove forgotten luggage; and Aer Lingus flight forced to swerve in take-off to avoid jet.
Wed, 29 Jul, 2015
THERE can be absolutely no doubt that an already questionable banking inquiry would have become a laughing stock in the eyes of the public if former Anglo Irish Bank chief executive David Drumm was allowed to tell his account, on his terms, by video link from the US, of its role in the country’s economic crash. As it turns out, both the inquiry’s own legal team and the Director of Public Prosecutions have advised it strongly against hearing his evidence.
Tue, 28 Jul, 2015
It will be a “close call” whether the banking probe can consider former Anglo chief David Drumm’s written evidence after the idea of allowing him to given video-link testimony was torpedoed by the Director of Public Prosecutions, a senior source has warned.
Tue, 28 Jul, 2015