Plan to source funding shortfall grew from €1bn to €7bn, David Drumm trial told

Latest: A senior executive at Anglo Irish Bank said that the plan to source a funding shortfall from another bank grew from €1bn to €7bn in the weeks leading to the bank's year end, writes Sarah-Jane Murphy.

Update 6.40pm: A senior executive at Anglo Irish Bank said that the plan to source a funding shortfall from another bank grew from €1bn to €7bn in the weeks leading to the bank's year end, writes Sarah-Jane Murphy.

Brian Lynch, former head of treasury at the bank, was giving evidence at Dublin Circuit Criminal Court on day 24 of the trial of David Drumm (51). It is alleged the bank's former chief executive authorised deals that lead to the falsification of the bank’s balance sheet.