Former Dublin Docklands Development Authority (DDDA) board members, Seanie Fitzpatrick, Lar Bradshaw and Paul Moloney will be called before the Oireachtas Public Accounts Committee (PAC) to explain their role in the controversial €412m Irish Glass Bottle (IGB) site debacle.

The acting chief of the Dublin Docklands Authority acknowledged a “flawed process” was used to buy the Irish Glass Bottle site for €412m — the most expensive property purchase ever by the State — amid claims a “golden circle” sealed the deal.

A COURT-APPOINTED official who is overseeing the bankruptcy proceedings of former Anglo Irish Bank chairman Seán FitzPatrick has questioned a transaction which saw €15 million transferred within Anglo to act as security against a loan to Mr FitzPatrick’s family.

Creditors of Seán Fitzpatrick meet in Dublin today to decide whether to accept his plans for settling his debts.

THREE former Anglo Irish directors were paid more than €1 million last year in back-pay despite owing the bank €100m.

PROFESSIONAL advisers told the Dublin Docklands Development Authority the now worthless Irish Glass Bottle site was only worth €220 million — before it joined a consortium which paid €412m for the plot.

THE dawn arrest of Sean FitzPatrick completed the 10 sorrowful steps in a career which descended from banking prefect to criminal suspect.

THE Government has indicated it has nothing to fear from the publication of what is expected to be a damning report on the troubled Dublin Docklands Development Authority (DDDA).

TOP-LEVEL staff at Anglo Irish Bank will have to let the state’s standards watchdog scrutinise their investments and business interests, under expanded ethics regulations.

THE Dublin Docklands Development Authority (DDDA) has appealed to the Government for financial support after writing down the value of land assets by €186 million.

Anglo directors were present at a Dublin Docklands Development Association (DDDA) meeting on the Irish Glass Bottle site purchase, according to the minutes of a DDDA meeting.

POLITICAL and other spin doctors know how to manage a crisis. The critical factor is to hang on. They believe virtually all news media cycles are “nine-day wonders”.

BELEAGUERED regeneration vehicle the Dublin Docklands Development Authority has announced its chief executive Paul Moloney has stepped down.

OF THE €179 million in loans outstanding to directors at Anglo Irish Bank at September 30, 2008, almost half was made up of borrowings by Sean FitzPatrick, the bank’s disgraced former chairman.

IN the lead-up to the emergency board meeting at Irish Life & Permanent last night, political opinion had hardened that Anglo Irish Bank engaged in fraud by seeking the assistance of IL&P to boost its deposits.

THE Dublin Docklands Development Authority (DDDA) and Anglo Irish Bank will meet next week to decide how much taxpayers will lose because of a €411 million speculative investment.

INVESTIGATIONS into the scandal-racked Anglo Irish Bank intensified yesterday over new revelations the bank got billions of euro of deposits from Irish Life & Permanent just before its year end on September 30, 2008.

FIVE non-executive directors announced their resignation from the board of Anglo Irish Bank yesterday, ahead of the Government’s expected formal takeover of the lender later this week.

Financial regulator Patrick Neary is to make his first public appearance since resigning over a secret loans scandal at troubled Anglo Irish Bank when he is grilled by an Oireachtas Committee in Leinster House tomorrow.

The Financial Regulator, who faced calls to resign over a secret loans scandal at troubled Anglo Irish Bank, tonight announced he is quitting his post.

THE festive Christmas break prevented proper analysis of one of the most shocking and infamous scandals ever to arise in corporate Ireland.

THE Financial Regulator is to intensify its examination of directors’ loans in all of the country’s main banks following a meeting of its board over the weekend.

The board of the Financial Regulator tonight set up a high-level committee to probe directors’ loans in Anglo Irish Bank and other financial institutions.

Further pressure mounted on the Financial Regulator today after Government minister Mary Hanafin said he had serious questions to answer over a multi-million euro loans scandal at troubled Anglo Irish Bank.

THE fallout from the Anglo Irish Bank loan controversy continued yesterday with the resignation of David Drumm as chief executive.

JUST two months before former Anglo Irish Bank chairman Sean FitzPatrick admitted hiding €87 million in loans from the bank, he spoke of how closely the financial regulator monitored institutions’ largest loans.

The Dublin Docklands Development Authority has admitted that it has experienced difficulties securing retail tenants for the area.

TIARNAN O'MAHONEY walked away from Anglo Irish Bank with a near €4 million pay-off.

THE ISEQ will fall below the milestone 6,000 mark today if yesterday’s share price falls, led by Anglo Irish Bank, are repeated on the Irish Stock Exchange.

Last year saw continuing efforts in Dublin’s Docklands project.