Seán FitzPatrick ‘regretted’ his lack of involvement

Former Anglo Irish Bank chairman Seán FitzPatrick told a colleague that he regretted his lack of involvement in the allegedly illegal Maple Ten transaction, his trial has heard.

Matt Moran, Anglo’s former chief financial officer, continued giving prosecution evidence yesterday. The court has heard Mr Moran has been granted immunity from prosecution in this matter.

The jury was shown a letter sent from the Financial Regulator to Anglo which stated the regulator had not given its approval for the deal. Mr Moran said he believed this was an effort by the regulator to row back from its previous knowledge and involvement in the deal.