Former Anglo trio due in court in Anglo shares case

The former chairman of Anglo Irish Bank, Sean Fitzpatrick, is due back in court where it is expected he will be sent forward for trial following an investigation into irregularities at the bank.

Former Anglo trio due in court in Anglo shares case

The former chairman of Anglo Irish Bank, Sean Fitzpatrick, is due back in court where it is expected he will be sent forward for trial following an investigation into irregularities at the bank.

The 64-year-old of Whitshed Road, Greystones, Co. Wicklow is accused of providing unlawful financial assistance to a group of investors so they could buy shares in the bank.

The 16 charges allege that in 2008 Sean Fitzpatrick provided unlawful financial assistance to members of the Quinn family and the so-called 'Maple Ten' of Irish investors to enable them to buy shares in Anglo Irish Bank.

The charges carry a maximum penalty of up to five years in prison.

The former Anglo chairman is on bail and it is expected he will be served with the book of evidence today and sent forward for trial.

Also due to appear in court again are former Anglo directors Willie McAteer and Patrick Whelan who have been charged with the same 16 offences under the Companies Acts.

x

More in this section

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited