Former Anglo chief David Drumm due in Boston court

Former Anglo Irish Bank chief executive David Drumm is due in a US court today for a hearing dealing with the State’s request for his extradition in connection with up to 30 criminal charges.

US marshals arrested Mr Drumm on Saturday on an extradition warrant following a request sent from the State to the US department of justice seeking his return to face a series of charges in the Republic.

He is due to appear today before magistrate judge, Marianne Bowler, at the John Joseph Moakley Courthouse in Boston.

The hearing is not expected to tackle the merits of the Republic’s case to have him extradited and is instead anticipated to deal with the issue of probable cause.

Bail

Mr Drumm has been in custody since his arrest on Saturday and reports at the weekend suggested that his lawyers, led by high-profile attorney, Tracey Miner of Demeo, may seek bail.

The Garda have been investigating Mr Drumm as part of a wideranging criminal inquiry sparked by the collapse of Anglo, which cost taxpayers close to €30 billion in the wake of the financial crisis in 2008.

The Garda Bureau of Investigation has sent files to the DPP and it was reported at the start of the year that the State was beginning extradition proceedings.

The file sent to the US authorities detail up to 30 criminal charges that the DPP has directed may be brought against the 48-year-old former banker.

Mr Drumm was chief executive of the bank from January 2005 until he resigned in December 2008, a month before the Government nationalised it. He moved to the US shortly afterwards.