David Drumm to spend night in jail; bail arrangements to be finalised tomorrow

Latest: David Drumm will spend tonight in jail, pending approval of bail conditions tomorrow.

David Drumm to spend night in jail; bail arrangements to be finalised tomorrow

The former CEO of Anglo Irish Bank, David Drumm, has been charged with 33 criminal offences this morning after he was extradited back from the US.

Update 4pm: David Drumm today agreed to secure his bail by lodging €50,000 himself. Another €50,000 will be lodged by an independent surety.

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