Wednesday 7 December 2016

David Drumm arrives home after seven years in US

Former CEO of Anglo Irish Bank faces 33 charges

Shane Phelan and Conor Feehan

Published 14/03/2016 | 02:30

David Drumm arriving from Boston on Aerlingus flight EI136 which landed in Dublin at 5.16am.
Photo:Mark Condren
David Drumm arriving from Boston on Aerlingus flight EI136 which landed in Dublin at 5.16am. Photo:Mark Condren

David Drumm is due to appear before an Irish court today - almost seven years after he left behind the fallout from the collapse of Anglo Irish Bank for a new life in the US.

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He was on board the Aer Lingus flight EI 136 from Boston that touched down in Dublin Airport at 5.10am.

As he left the Airbus A330 he was escorted off the land bridge so he would not have to go through the main airport T2 building.

After being escorted down a set of steps from the land bridge Drumm, who was dressed in business attire, was placed in the back of an grey coloured unmarked Opel Insignia vehicle with blacked out windows.

They then left the airport. Drumm was first taken to Ballymun Garda Station, and was then driven from there in a convoy of three cars towards the city centre, leaving Ballymun at 8.20am.

Detectives travelled to Boston late last week to collect Mr Drumm (49) after formalities surrounding his extradition were completed.

He had spent much of the past five months in a maximum security prison south of Boston.

He is facing 33 charges, including ones for fraud and false accounting, according to papers filed as part of his extradition proceedings. All of the charges relate to the final year of his tenure at the helm of the bank.

The Dubliner will make an application to the court to be released on bail. He can appeal any refusal to the High Court.

It is unclear whether or not the bail application will be opposed by the Director of Public Prosecutions (DPP).

Mr Drumm had been seeking an assurance from the DPP that he would be released on bail if he agreed to return to Ireland. But he told a US court last month that no deal had been done.

Today's development brings to an end months of wrangling over his return.

The former Anglo boss refused to return home for questioning, despite a number of requests from gardaí investigating matters leading up to the nationalisation of the bank in January 2009.

Despite his refusal to cooperate, the DPP decided to issue charges against him and Mr Drumm was arrested at his €1.75m home in Wellesley, an upmarket suburb of Boston, on October 10 last year.

Initially, Mr Drumm refused to agree to his extradition. But after two failed attempts to secure bail, he changed his mind.

It is thought the decision was influenced by his continued incarceration at the Plymouth County Correctional Facility, a place Mr Drumm's lawyers described as "unrelentingly harsh" and "uncomfortable".

His time there included a period when he was kept in solitary confinement while prison authorities worked out a safe place to put him.

This led to complaints from Mr Drumm that he was unable to interact with his legal teams for the extradition case and a bankruptcy appeal he is also involved in.

In an interview last month signalling his decision to return, Mr Drumm said he was determined to get to Ireland as soon as possible to contest the charges.

However, it has taken several weeks for the process to be organised.

During that time, the former banker expressed concerns about a "delay" in extraditing him.

His solicitor, Michael Staines, wrote to the DPP saying the US Office of International Affairs and US Department of State signed off on Mr Drumm's extradition on February 24 and all that was awaited was confirmation from Irish authorities of a date for his flight.

However, it is understood the process was held up due to procedural issues.

Irish Independent

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