Anglo probe ‘slowed down’ other inquiries

DIRECTOR of Corporate Enforcement Paul Appleby has admitted work by his office was “subdued” last year as a result of its investigation into Anglo Irish Bank.

Mr Appleby acknowledged there has been a slowdown in the number of inquiries conducted by his officials into possible breaches of company law due to the complex nature of the Anglo investigation.

In particular, he said the availability of Garda personnel for criminal investigations by his office was “severely reduced”.