independent

Thursday 17 April 2014

Sean FitzPatrick to stand trial in October 2014

Former Anglo Irish Bank Chairman and Chief Executive, Sean Fitzpatrick

FORMER Anglo Irish Bank chairman Sean FitzPatrick, left, is to stand trial in October 2014 on charges of failing to make disclosures to the bank's auditors about loans he received.

A trial date was requested by Mr FitzPatrick's defence counsel yesterday at Dublin Circuit Criminal Court. Judge Martin Nolan was told that the trial would take about two months.

Judge Nolan fixed October 7, 2014, for the trial. He also listed the case for the earlier date of July 25, 2014, for an update on the trial preparations.

Mr FitzPatrick (65), of Camaderry, Whitshed Road, Greystones, Co Wicklow, is charged under Section 197 of the Companies Act 1990.

He faces 12 counts of failing to disclose to auditors Ernst & Young the true value of loans worth at least €139m given to him or people connected to him, by Irish Nationwide Building Society from 2002 to 2007 while he was an officer of the bank.

On a hearing date in March, the court was told the trial could likely not take place until late 2014.

This is to allow a period of 'fade' regarding expected media coverage of the accused's trial in early 2014 on separate matters.

Mr FitzPatrick was not present at yesterday's short hearing after being excused from attendance on a previous date.

Irish Independent

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