Drumm’s tax bill under scrutiny

SHAMED ex-Anglo Irish Bank chief executive David Drumm’s financial affairs are again at the centre of controversy after claims were made over the amount of income tax he paid.

Widespread reports yesterday suggested the banker — who has left the country and now lives in Massachusetts in the US — paid an insignificant sum on his massive €12.47 million income while on the bank’s board.

However, it emerged last night that the failed banker in fact paid €6.3m in income tax during the 2004-2006 period.