Net tightens on Anglo suspects with DPP files.

THE possibility of bankers being jailed for their role in the Anglo scandals will move a step closer today with two major files being sent to the Director of Public Prosecutions.

Justice Minister Dermot Ahern has confirmed the files will be sent following a marathon two-year investigation and said gardaí were confident prosecutions would arise.

The first file involves the “circular transfers” in 2008 in which Anglo sought over €7 billion of temporary deposits from Irish Life & Permanent to cover up the lender’s crippled balance sheet.