Former bank executives open appeals against their convictions

Two former bank executives jailed last year for a €7.2 billion conspiracy to defraud in 2008 have opened appeals against their convictions.

Former bank executives open appeals against their convictions

Two former bank executives jailed last year for a €7.2 billion conspiracy to defraud in 2008 have opened appeals against their convictions.

Last July, the former head of capital markets with Anglo Irish Bank John Bowe (pictured) and the former chief executive of Irish Life and Permanent, Denis Casey, were found guilty by a jury at Dublin Circuit Criminal Court of agreeing a scheme to mislead the public about the true health of Anglo.

Bowe (52), from Glasnevin in Dublin and Casey (56), from Raheny, in Dublin had pleaded not (NOT) guilty to conspiring to mislead investors by using interbank loans to make Anglo appear €7.2bn more valuable between March 1 and September 30, 2008.

Judge Martin Nolan sentenced Bowe to two years and Casey to two years and nine months imprisonment on July 29, 2016.

The men lodged appeals against their convictions which commenced in the three-judge Court of Appeal today/yesterday.

The appeals are listed for one week of hearing before President of the Court of Appeal Mr Justice Seán Ryan, Mr Justice George Birmingham and Mr Justice John Edwards.

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