Calls for Gardaí to have more time to question white collar crime suspects

It follows the jailing yesterday of the former Anglo Irish Bank CEO David Drumm for fraud.

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Lorry driver’s son took wheel of bank during Celtic Tiger years

David Drumm’s barrister highlighted his client’s ‘humble’ start to life.

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David Drumm jailed for six years for role in 'premeditated' €7.2bn bank fraud scheme

Former Anglo Irish Bank CEO David Drumm has been jailed for six years for his role in a “premeditated and planned” multi-billion euro bank fraud scheme in 2008.

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David Drumm: Journey from 'master of the universe' to convict is complete

Here is a timeline of events in the career of David Drumm and his role in the ill-fated Anglo Irish Bank.

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Former Anglo chief David Drumm to be sentenced today

Former Anglo Irish Bank chief executive David Drumm is due to be sentenced today.

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Mobile phone costs: Cap charges for a single market

In September 2008 the former head of Anglo Irish Bank, David Drumm, made a phone call to fellow banker John Bowe in which he described officials of the Central Bank as a ‘shower of clowns.’

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Drumm found guilty: Court heard he was 'the man who called the shots' at Anglo

David Drumm was “the man who called the shots”, and authorised deals at Anglo Irish Bank in September 2008 that led to the falsification of the bank's balance sheet, making it appear that customer deposits were over €7 billion greater than they were in reality.

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Who is David Drumm and how did he become Anglo Irish Bank chief?

The former Anglo Irish Bank chief executive David Drumm has been on trial on fraud conspiracy charges.

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'Justice has now been served': Joan Burton welcomes David Drumm verdict

Labour's Joan Burton has welcomed the successful conclusion of the trial of former Anglo Irish chair David Drumm.

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David Drumm found guilty of taking part in multi-billion euro fraud scheme

A jury has convicted former Anglo Irish bank CEO David Drumm of taking part in a multi-billion euro fraud scheme in 2008.

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Deliberations paused due to juror being 'indisposed' in David Drumm case

The jury at the conspiracy to defraud and false accounting trial of former Anglo Irish Bank CEO David Drumm have paused in their deliberations, due to a juror being “indisposed” and unavailable to attend court.

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Jury sent home for second night in David Drumm case

The jury at the conspiracy to defraud and false accounting trial of former Anglo Irish Bank CEO David Drumm have been sent home for a second night, after deliberating for just under two hours on Wednesday.

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Jurors retire to consider verdicts in David Drumm fraud trial

David Drumm denies two fraud-related offences linked to his running of the failed Irish lender.

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Judge tells jury what banking authorities knew 'is irrelevant' to David Drumm's behaviour

The judge at the trial of former Anglo Irish Bank CEO David Drumm has said banking authorities cannot condone criminal behaviour.

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Central Bank asked David Drumm to 'tog out for Ireland' during financial crisis, trial hears

Anglo Irish Bank's former CEO David Drumm was the “captain of the ship heading into a storm” in September 2008, and did what he had to to get through it, his lawyers have told a jury.

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Former Anglo CEO David Drumm engaged in 'a massive con', trial hears

The former Anglo Irish Bank chief David Drumm engaged with others in a massive billion euro “con”, the prosecutor in the trial of has told a jury.

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Anglo share price dropped by almost 50% on release of 2008 figures, Drumm trial told

Anglo Irish Bank’s share price dropped by almost 50% following the release of its preliminary year end figures for 2008, a jury has heard.

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Jury in David Drumm trial views Central Bank account statements showing €7.2bn payments

The jury at David Drumm's conspiracy to defraud trial heard evidence from a former manager at the Central Bank, on day 70 of the hearing at Dublin Circuit Criminal Court.

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IL&P official not made aware of €7.2bn Anglo deal until months later, David Drumm trial hears

The chair of Irish Life and Permanent's audit committee was not made aware of the €7.2 billion deal with Anglo Irish Bank until months after it took place, a jury has heard.

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Fast-tracking approval of bank credit limits 'just not normal', former Anglo official tells trial

A former senior banker at Anglo Irish Bank has told a jury that the practice of fast-tracking the approval of credit limits at the bank was not normal.

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Central Bank suggested banks issue bonds to be bought by each other, David Drumm trial hears

The Central Bank suggested that Irish banks issue bonds on the understanding they would be bought by each other to promote confidence in the markets, a court has heard.

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Anglo customer funding increased by €1.9bn, according to 2008 statement issued to stock exchange

A statement issued to the Irish Stock Exchange by Anglo Irish Bank, and signed by David Drumm, said customer funding had increased by €1.9bn, Dublin Circuit Criminal Court has heard.

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Banker was crying because he invested in Lehmans, former Anglo employee tells trial

A former senior employee at Anglo Irish Bank said he saw a banker at a foreign investment meeting crying because he had invested in Lehmans and “now there was just nothing”.

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David Drumm trial hears that in banking slang 'a yard' means 'a billion'

A former Anglo Irish Bank executive said “all those guys supposed to do us special favours” had fallen away by September 2008, leaving only Irish Life and Permanent as a viable option for a back to back loan, a court has heard.

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Trial hears former former Anglo executive planned to “get a bit of drink” into banker

A former Anglo Irish Bank executive said he planned to “get a bit of drink” into a Credit Suisse banker at an upcoming dinner and say to him: “I'd like about five billion before the 30th”.

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David Drumm suggested Anglo colleagues discuss key issues “with a war cabinet urgency”

David Drumm wrote to senior Anglo colleagues and suggested they meet to discuss key issues “with a war cabinet urgency” in November 2008, a jury has heard.

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€7.2bn transactions were for 'optical benefit only', David Drumm trial told

The €7.2bn transactions between Anglo Irish Bank and Irish Life and Permanent in September 2008 were for “optical benefit only” and created no new cash, a jury has been told.

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Former Anglo official sought legal advice after being told to change minutes of meeting, trial hears

The former company secretary at Anglo Irish Bank said she sought legal advice after being told to change the minutes of a meeting due to “differences in interpretation”, a jury has heard.

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Drumm email said Central Bank fully aware of what Anglo was doing to protect itself, trial hears

Former Anglo Irish Bank chief executive David Drumm said the financial regulator and Central Bank were fully aware of what Anglo was doing to protect itself in September 2008.

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Plan to source funding shortfall grew from €1bn to €7bn, David Drumm trial told

Latest: A senior executive at Anglo Irish Bank said that the plan to source a funding shortfall from another bank grew from €1bn to €7bn in the weeks leading to the bank's year end, writes Sarah-Jane Murphy.

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