Former Anglo and ILP executives to be sentenced for fraud this week
Last June, a jury at Dublin Circuit Criminal Court convicted former Anglo Irish Bank executives John Bowe and Willie McAteer, and the former group chief executive of Irish Life and Permanent (ILP), Denis Casey, of conspiring to make Anglo’s books look €7.2bn healthier than they actual were.
The three men were involved in setting up a circular scheme of billion euro transactions where the money moved backwards and forwards between Anglo and ILP.
