Judge hands down €3k fine to former Anglo director for failing to keep record of fraudulent €8m loan

The former director of lending with Anglo Irish Bank, Pat Whelan, has been fined €3,000 for failing to keep a proper record of a fraudulent €8m to his colleague William McAteer.

McAteer who was director of finance in the bank will be sentenced next week for obtaining the loan from Anglo on September 29, 2008, as the bank was on the brink of collapse.