David Drumm guilty verdict – all you need to know in two minutes
Banker faces potentially a long jail term on conspiracy to defraud and up to 10 years for false accounting
David Drumm outside Dublin’s Central Criminal Court after he was found guilty. Photo: Brian Lawless/PA Wire
– The 51-year-old former banker from north Co Dublin was found guilty of conspiracy to defraud and false accounting relating to banking transactions he was involved in at the height of 2008 financial crisis.
– A jury of nine men and three women convicted the one-time bank chief executive over a series of circular transactions that made Anglo’s deposits look €7.2 billion larger than they were in September 2008.