Former C&AG to probe Anglo deals

SEAN FitzPatrick’s Anglo Irish Bank loans are to be investigated by the man who was previously responsible for highlighting the abuse of taxpayer’s money.

Former comptroller and auditor general (C&AG), John Purcell has been employed by the complaints committee of the Chartered Accountants Regulatory Board (CARB) to investigate the loans.

This body was set up by the Institute of Chartered Accountants (ICAI) to regulate its members and Mr FitzPatrick is a member of the institute.