I’m not flight risk, David Drumm tells court

Former banking boss David Drumm has claimed he does not represent a flight risk, despite lawyers arguing he has the means to flee, borne out by his wealthy lifestyle, including the $100,000 (€93,000) annual spend on his children’s education.

The former head of Anglo Irish Bank, in jail since US authorities arrested him on October 10, appeared in a Boston federal courtroom yesterday, handcuffed before his detention hearing began.

Drumm, aged 49, who is seeking bail, is wanted here to face 33 criminal charges related to the collapse of Anglo.