Now Reading:

Ex-Anglo Irish bank boss charged with fraud

world news

Ex-Anglo Irish bank boss charged with fraud


Hot Topic Learn more about

The man who used to be in charge of the bank most connected to Ireland’s financial crisis has been charged with 16 fraud-related offences.

After being arrested on Tuesday morning, the former head of Anglo Irish Sean Fitzpatrick, appeared before a Dublin court.

Fitzpatrick, who is currently on bail, is accused of allowing Anglo Irish to give “unlawful financial assistance” to 16 people – including his wife and five children – so they could buy shares in the bank four years ago.

The 64-year-old remained silent while the charges were read out in court.

The highest profile banker in Ireland to face a prison term, if convicted Fitzpatrick could get five years behind bars.

Nationalisation of Anglo Irish will cost Irish taxpayers around 30 billion euros.

Every story can be told in many ways: see the perspectives from Euronews journalists in our other language teams.

Next Article