Saturday 22 October 2016

'David never fled... Boston is his home, not Ireland' - Ex-Anglo Irish Bank boss David Drumm didn't run, says brother

David Kearns

Published 02/02/2016 | 13:39

Ex-Anglo chief David Drumm
Ex-Anglo chief David Drumm

The brother of David Drumm says it is “nonsense to suggest” the ex-Anglo Irish Bank boss fled the country.

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The former Chief Executive, who is awaiting extradition to Ireland from the United States following his arrested in October, was “simply going home to continue his life” says Ken Drumm.

“Boston is home for [him] - Ireland is where [he's] from, but Boston is home... David came back to Ireland on several occasions after moving,” he told the Pat Kenny Show earlier today.

"The suggestion that [he] fled Ireland makes absolute no sense, and it's nonsense.

“He went home to continue his life in the US. He could see what was going on in Ireland, but he certainly did not flee Ireland," he added.

Read More: David Drumm offers to wear tag if he returns home

David Drumm is facing 33 charges before the Irish courts relating to transactions carried out during his time in charge of Anglo Irish Bank.

He has already been refused bail twice, and remains in custody in Boston, a situation which, his brother says, could be rectified if the Director of Public Prosecutions agreed to not oppose bail while he awaits trail.

David Drumm has offered to return to Ireland and adhere to strict bail conditions – including wearing an electronic tag, handing over his passport and signing on daily at a garda station.

Read More: Financial regulator 'not looking' at €750m transaction between Anglo and Irish Life - former Anglo head claimed

Speaking to Newstalk, his brother Ken admitted, in hindsight, that it would have been better if David had come home earlier but insisted the former Anglo Irish chief was no flight risk.

“[He] has been prepared to come home for quite a long time, going back as far as July 2013...”

Ken Drumm said his brother "desperately” wanted to get on with his life, saying David wanted nothing more than to “come back to Ireland, face the charges, get bail, deal with his defence, meet with his lawyers and defend himself in what is going to be a long and very tiresome saga.

“[He] has been dealing with this for eight years, and there's no sign of it abating… David just wants to deal with this and get it out of his life.”

Read More: Former banker David Drumm to lodge second appeal against bail refusal

When pressed by host Pat Kenny if he felt that his brother was being scape-goated for what happened to the Irish banking system, Ken Drumm said: "David has got the blame for most of this, but even the Banking Inquiry report spreads the blame far and wide.

He continued: "[David] is one of the nicest people you're ever going to meet.

"Anybody that he's ever met in his lifetime has come away not only impressed with him but having a great deal of respect for him but actually expressing love for the man.

"David is a very good person.”

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