Anglo trio appear in court again

The former chairman of Anglo Irish Bank along with two former directors of the bank have appeared before Dublin Circuit Criminal…

The former chairman of Anglo Irish Bank along with two former directors of the bank have appeared before Dublin Circuit Criminal Court.

Seán FitzPatrick (64), William McAteer (62), and Pat Whelan (50) appeared in the new mention list of cases sent forward from the District Court.

They have been charged in relation to allegedly providing unlawful financial assistance to individuals to buy shares in the bank.

Judge Martin Nolan gave Mr FitzPatrick, of Whitshed Road, Greystones, Wicklow, Mr McAteer of Auburn Villas, Rathgar and Mr Whelan of Coast Road, Malahide a further mention date of January 23rd next.

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The three former Anglo executives had been charged in July.

They are to go on trial accused of unlawfully helping to back a group of investors – including members of Seán Quinn's family – to buy shares in the financial institution in 2008.

The three men were charged this summer following a 3½-year investigation by detectives from the Garda Bureau of Fraud Investigation attached to the Office of the Director of Corporate Enforcement (ODCE) into alleged financial irregularities at the failed bank.

Mr FitzPatrick, a multi-millionaire, stepped down in December 2008.

Anglo was subsequently nationalised and rebranded as the Irish Bank Resolution Corporation (IBRC) with its collapse costing Irish taxpayers about €30 billion.

The charges allege that before it was nationalised, the three men permitted the bank to "give unlawful financial assistance" to 16 named individuals for the purpose of, or in connection with, a purchase by the same people of shares in the then Anglo Irish Bank Corporation.