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Sunday 19 November 2017

Gardai probe role of more officials in Anglo Irish

Tom Brady Security Editor

Another batch of officials from the former Anglo Irish Bank face a potential grilling by gardai investigating alleged financial irregularities.

Officers have completed their inquiries into the roles played by senior executives at the bank over the past few years.

But now discussions are under way on whether officials employed at mid-rank positions at the time should be called in for interview.

"A decision will be made shortly," a senior officer said.

Gardai completed their existing files for the Director of Public Prosecutions (DPP) after arresting former bank chairman, Sean FitzPatrick, for the second time in December.

He was questioned on a range of issues by detectives from the Garda national fraud bureau and a team from the Office of the Director of Corporate Enforcement (ODCE).

The second arrest was regarded as part of a wrap-up phase of the investigation.

The bank's former finance director, Willie McAteer, has also been detained twice while gardai have completed their inquiries into the bank's former chief executive, David Drumm, without interview.


Mr Drumm, who is currently living in Boston in the United States, has ignored repeated requests by gardai to co-operate with their inquiries.

Last last year gardai sent a file to the DPP on back-to-back deposits, which Anglo undertook with Irish Life and Permanent in September 2008.

Since then, several meetings have been held between senior gardai and officials from the DPP on the investigation.

The ODCE is expected to complete its inquiries by the end of next month and the two sets of files will then be reviewed by the DPP in parallel.

Officers said last night that since lawyers from the DPP's office had been working in tandem with the investigators since the early days of their inquiries a decision on criminal charges would be reached fairly quickly.

Last month, the High Court heard that the DPP was reviewing a previous decision not to make any determination on criminal charges until the investigation into all the files ended.

The ODCE has already sent large files to the DPP on the provision of a loan to an Anglo executive director in late 2008 and the bank's failure to maintain a register of transactions with its directors and persons connected with those directors.

And the investigation into the remaining three issues is "substantially complete".

Irish Independent

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