More than 10 not co-operating with €1m Anglo probe – Enforcer
Published 02/06/2011 | 12:21
Corporate investigators looking into the Anglo Irish Bank scandal will ask for an extension next month to complete their inquiries.
Director of Corporate Enforcement Paul Appleby said a number of witnesses were not co-operating with his attempts to get to the bottom of the rogue lender's role in virtually bankrupting the country.
Mr Appleby would only say "more than 10 people" would not co-operate with his inquiry team.
He would not be drawn on the length of extension he was seeking before the High Court in July, but indicated a previous deadline for finishing the probe by the end of the year had not changed.
Mr Appleby also revealed the cost of his inquiry will now likely hit taxpayers for more than 1 million euro.
Judge Peter Kelly refused a request for a six-month extension in the High Court last month claiming the lack of progress in the two-year investigation was unsatisfactory.
Mr Appleby's office and the Garda fraud squad were warned they had until July 28 and if they wanted more time they would be forced to give a detailed update.
Director of Public Prosecutions James Hamilton last week defended the long-running probe claiming it is down to the complex and extensive investigation and the nature of the adversarial system rather than a lack of resources.