BEIRUT

World

Former Anglo Irish head re-arrested on new charges

This Thursday, March 22, 2012 file photo shows an Irish commuter walking past the abandoned, unfinished headquarters of Anglo Irish Bank in Dublin. (AP Photo/Shawn Pogatchnik, File).

DUBLIN: Former Anglo Irish Bank head Sean FitzPatrick was arrested on Friday to face additional charges related to Ireland's most expensive banking failure, including making "misleading, false or deceptive" statements to auditors.

FitzPatrick, the highest-profile banker to be charged in connection with Ireland's financial meltdown, has been free on bail since he was charged in July on 16 counts related to Anglo's collapse. He is due to stand trial next year.

Police said in a statement that a 64-year-old former Anglo Irish Bank executive was due in court under Section 197 of the companies act, which relates to executives making "misleading, false or deceptive" statements to a company's auditors.

FitzPatrick later arrived in court in police custody.

The arrest comes weeks after the company charged with winding down Anglo's loan book announced it was taking legal action against the bank's former auditors, Ernst & Young .

 

Recommended

Advertisement

Comments

Your feedback is important to us!

We invite all our readers to share with us their views and comments about this article.

Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.

Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)

comments powered by Disqus

Advertisement

FOLLOW THIS ARTICLE

Interested in knowing more about this story?

Click here