ILP banker was uncomfortable with alleged inter-bank transfers with Anglo, court hears

A senior banker with Irish Life and Permanent has told the trial of four banking executives that he was uncomfortable with alleged inter-bank transfers of €7.2bn with Anglo Irish Bank.

Four men, including Anglo's former Head of Finance, Willie McAteer (aged 65) and John Bowe (aged 52), who had been Anglo's head of capital markets are accused of conspiring to mislead investors by using interbank loans to make Anglo appear €7.2bn more valuable than it was.