Thursday 21 June 2018

Second jury for David Drumm fraud and conspiracy trial lost three jurors today

Former CEO of Anglo Irish Bank, David Drumm. Photo: Collins Courts
Former CEO of Anglo Irish Bank, David Drumm. Photo: Collins Courts

Alan O'Keeffe

The second jury empaneled for the David Drumm fraud and conspiracy trial lost three jurors today.

The first jury was discharged yesterday after a juror member was granted a request to leave that jury.

Today, two women and a man on the new jury were excused after making requests to leave.

Three men were selected this morning to replace them.

Drumm (51), who lives in Skerries, County Dublin, has pleaded not guilty to two charges, conspiracy to defraud and false accounting, relating to €7.2bn in so-called "back to back" transactions involving Anglo Irish Bank and Irish Life and Permanent (IL&P) in 2008.

It is alleged that Mr Drumm, former chief executive of Anglo Irish Bank, conspired with former Anglo executives John Bowe and Willie McAteer, former IL&P chief executive Denis Casey, and others, to defraud existing and would-be depositors, lenders, and investors at Anglo by dishonestly creating the impression that deposits in Anglo were €7.2bn higher than they were.

Judge Karen O'Connor addressed the pool of potential jurors this morning prior to the selection of three jurors to replace those who were allowed to leave. She told the potential jurors by video-link if they had any reason why they could not serve on the jury for the next five months in the marathon trial, they were to bring those reasons to her attention immediately.

"I will not look kindly on information brought to my attention at a later stage," she said, as it would "create very serious problems."

Later, she addressed the newly reconstituted jury of 10 men and five women and warned them about being approached by people offering them advice and opinions on their role in the case.  She said to tell any such people that the trial judge has told them they were not to discuss the trial with anyone outside the jury.

She also repeated her warning against researching the case on the internet and against any discussion of the case on social media.

The jury were told to return to court at 10am tomorrow.  The jury will then be formally charged with their duty and they will be invited to select a foreperson.

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