Former Anglo executives appear in court

Written By Unknown on Senin, 08 Oktober 2012 | 22.40

Former chairman and chief executive Seán FitzPatrick, 64, former finance director Willie McAteer, 61, and the bank's former managing director in Ireland Patrick Whelan, 50, appeared in court today.

They have been charged with unlawfully helping a group of investors, including six members of the Quinn family, to buy shares in Anglo Irish Bank in 2008.

Mr FitzPatrick, of Camaderry, Whitshed Road, Greystones, Co Wicklow, Mr McAteer from Auburn Villas, Rathgar, Dublin, and Mr Whelan with an address at Rachra, Coast Road, Malahide, were presented with the documents outlining the State's case against them.

They are each charged with 16 offences under Section 60 of the Companies Act, accused of permitting Anglo Irish Bank to give financial assistance to Patricia Quinn, her five children and ten senior clients of the bank, who became known as the Maple Ten, to enable them to buy shares in the bank.

Three detectives from the Garda Bureau of Fraud Investigation, who had charged the three earlier this year, signed declarations this morning stating that the documents had been served.

One man who said he was homeless and wanted to hand a letter to Mr FitzPatrick refused garda requests to leave the area and was arrested.

None of the three former executives spoke during the brief hearing.

All were remanded on continuing bail, but the conditions in the case of Mr Whelan were altered to enable him to suspend signing on at a garda station during periods he is out of the country if he notified gardaí.

The case against the three is to be listed at the Circuit Criminal Court for mention between now and December.


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