David Drumm: Lawyer for former Anglo boss tells Boston court that extradition to Ireland is for 'political purpose'
FORMER Anglo Irish Bank boss David Drumm has told a Boston court that he could be facing extradition to Ireland to face 33 charges in connection with the collapse of his former employer for “political purpose.”
The fugitive banker spoke only only once to greet Judge Donald Cabell.
Lawyer for Mr Drumm, Tracey Miner, told the judge that it would take longer to prepare for this extradition case, because it was a “little bit more complicated”, whether, for example, it was done for a “political purpose”.
Stopping momentarily to speak to the press pack outside court, Mr Drumm's lawyer said, "We're going to see if we can get him released. It was outrageous that he was picked up on a Saturday of a three day weekend, and we have defenses."
Drumm was dressed in a blue shirt and navy jeans for the short hearing.
His wife Lorraine sat a few rows behind the 48-year-old, keeping her eyes on the ground during the majority of the proceedings.
The short hearing was to set up a schedule for proceedings in the lead up to Mr Drumm’s extradition hearing, which Ms Miner said could take up to four months to prepare for.
Mr Drumm was detained in custody until his bail hearing on Friday and Judge Cabell told the defense that in the case of extradition, there was a presumption of detention unless there were special circumstances.
“We’re being asked to honour a request of the Irish Government,” he said.
Ms Miner said her client would be seeking bail on Friday and put it to the court that detention wasn’t a “fait accompli”.
November 10th was set for a status conference in the case, when Mr Drumm’s team should be prepared to identify the reasons that their client shouldn’t face extradition, Mr Cabell said.
Mr Drumm came before Judge Donald Cabell in the same courthouse where infamous Boston gangster James ‘Whitey’ Bulger stood trial. The John Joseph Moakley Courthouse was also where Boston Marathon bomber Dzhokhar Tsarnaev was tried and convicted.
The Irish authorities are seeking his extradition to face charges relating to his time at Anglo Irish Bank.
The former Anglo boss is facing 33 criminal charges for his alleged role in various matters at the collapsed financial institution.
These include counts of false reporting, giving unlawful financial assistance, forgery, being privy to the falsification of documents, conspiracy to defraud and false accounting.
All of the offences are alleged to have occurred in 2008, the same year he quit his role as Anglo chief executive.
His resignation came after hundreds of millions of euro in directors’ loans were uncovered.
The bank was nationalised a month later at a staggering cost of €29bn to the taxpayer.
The following year Mr Drumm left Ireland for the wealthy suburbs of Boston.
Although he returned home twice in 2009 for discussions with his former employers, he has refused to return since then.
This is despite a number of requests from gardai, who had been seeking to interview him.
In a rare interview earlier this year, Mr Drumm claimed he would not get a fair trial if he returned to Ireland.
Mr Drumm did respond in writing to the Oireachtas Banking Inquiry.
However, the inquiry opted not to publish his statement.
With debts of €10.5m, most of which was owed to his former employer, Mr Drumm began a drawn out bid for bankruptcy in 2010.
That failed earlier this year when a bankruptcy judge found he had lied about the transfer of around €1m in cash and other assets to his wife Lorraine.
Judge Frank Bailey found that Drumm was “not remotely credible”.
He said Mr Drumm’s account of events was “replete with knowingly false statements, failures to disclose, efforts to misdirect, and outright lies.”
Mr Drumm blamed his former legal team for the omission of details on the transfers.
Judge Bailey’s decision to deny Mr Drumm bankruptcy protection is currently under appeal.
Warrants for Mr Drumm’s arrest were initially issued in June 2013 by a district judge in Dublin.
However, his extradition was not sought until late last year.
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