Sunday 18 August 2019

David Drumm’s wife makes impassioned plea for his release on bail

Ex-Anglo CEO David Drumm
Ex-Anglo CEO David Drumm
Shane Phelan

Shane Phelan

The wife of banker David Drumm has made a dramatic plea seeking for his release on bail.

In a letter to a US court, Lorraine Drumm said her husband was “a wonderful father, and a good and honest man”.

She said he had been “devastated” to be away from his wife and two daughters, aged 17 and 20, since his arrest last month.

“With the utmost sincerity, faith and belief I wish to assure you that David is not a flight risk whatsoever and his dedication to his family is absolute,” said Mrs Drumm.

The letter was contained in filings submitted to Boston judge Donald Cabell, who is set to consider whether or not Mr Drumm should be released on bail pending the outcome of a request for his extradition to Ireland.

Other letters were also written by Mr Drumm’s mother and sister, as well as several from people in his local community in the US.

In the filings, lawyers for Mr Drumm claimed he should be released on bail as he is not a flight risk.

They also said Mr Drumm and members of his local community in Massachusetts have offered “a comprehensive bail package” in return for his release.

The former Anglo Irish Bank chief executive has also agreed to submit to electronic monitoring, being confined to his home, and the surrender of his passports.

A court in Boston will consider on Friday whether Mr Drumm should be released from custody pending the outcome of an application to extradite him to Ireland.

If extradited, he will face 33 charges, including fraud and false accounting.

In advance to the bail hearing at the United States District Court in Boston, lawyers for Mr Drumm denied he would flee if released from custody.

In a court filing, the lawyers argued Mr Drumm and his family were long-time residents in Massachusetts, with deep ties to the community.

They said Mr Drumm was not a danger to the community.

He and his family have been members of a local church for six years, regularly attending services.

They said Mr Drumm was involved in community activities, such as coaching both of his daughters’ soccer teams in the Boston satellite town of Sudbury.

Two “family priests” have sent letters to the court attesting to their confidence he will appear in court as directed.

The lawyers also argued that far from being a fugitive, Mr Drumm had alerted US authorities to his whereabouts and offered to surrender to them.

In the filing, Mr Drumm’s lawyers questioned the timing of the extradition application.

They said the timing “coming as it has during the run up to the pending Irish elections is, well, curious at best”.

“This alone creates special circumstances that justify Mr Drumm’s secure release on bail pending resolution of the Irish extradition request,” it said.

The document reveals that when Mr Drumm was arrested on October 10, his wife and one of his daughters were present.

It said he had been confined in four locations in two states since then, with limited access to his legal team.

Mr Drumm moved with his family to the US in 2009, the year after he stepped down as chief executive of Anglo.

He had refused to comply with requests for him to return home for questioning about issues at the failed bank.

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