A FILE is to be sent to the Director of Public Prosecutions (DPP) following the release of former Anglo Irish Bank chairman Sean FitzPatrick from garda custody.
Mr FitzPatrick (61) was released without charge from Bray Garda Station yesterday following 24 hours of questioning.
He was quizzed about alleged financial irregularities at the bank and gardai said that a file is now being prepared for the DPP.
The former chairman had no comment to make to waiting reporters as he was driven away from Bray Garda Station by a family member. One of the issues he was questioned about was the concealment of €87m in personal loans from Anglo.
Mr FitzPatrick's arrest is the first high-profile detention of a senior banking figure under the Theft and Fraud Offences Act, which can be used to deal with "white collar" crimes, including false accounting.
It is understood that gardai are preparing to arrest three more bank bosses, two within the next couple of weeks. A third is believed to be abroad and gardai will contact him and ask him to return home voluntarily for questioning.
Detectives from the Garda Bureau of Investigation questioned Mr FitzPatrick under legislation relating to false accounting.
Garda confirmed that the disgraced banker was not treated in any special manner.
"He's a detained man, which in my language, is a prisoner," said Insp Colm O'Malley. "He is treated the same as everybody else."
Mr FitzPatrick eventually walked from the station at 1.50pm yesterday wearing grey slacks, a navy blazer, a blue shirt and mauve tie.
The banker was greeted with cat calls and taunted by members of the public as he walked briskly from Bray Garda Station but he declined to make any comment.
He was picked up by a 2001 Volkswagen Golf and was driven to his home in Greystones.