Monday 19 August 2019

Drumm trial disclosure issues to be dealt with next year

Trial: David Drumm. Photo: Collins Courts
Trial: David Drumm. Photo: Collins Courts

Legal Affairs Editor

A judge will decide in the New Year on disclosure issues regarding the upcoming trial of former Anglo Irish Bank chief executive David Drumm.

Mr Drumm (50), with an address in Skerries, Co Dublin, is facing trial next April on two charges of conspiring to defraud depositors and investors at Anglo by dishonestly creating the impression that deposits in 2008 were €7.2bn larger than they were.

At Dublin Circuit Criminal Court today prosecution counsel Paul O’Higgins SC said a hearing of two or three hours may be needed regarding disclosure.

Judge Karen O’Connor adjourned the matter to next month and remanded Mr Drumm on continuing bail.

Mr Drumm was not in court, as he had been excused from attending. However, he must attend the next hearing scheduled.

His solicitor Michael Staines has previously said there was likely to be “a huge amount” of disclosure involved in the trial, which is expected to last 12 weeks.

Mr Drumm was chief executive of Anglo from January 2005 to December 2008, when he resigned.

Online Editors

Editor's Choice

Also in Irish News