Michael O Sullivan

82 results

David Drumm, former Anglo chief executive and Sean Fitzpatrick, former chairman.

Project Maple: Anatomy of a deal

Crime & Law
Ruadhán Mac Cormaic
April 17, 2014, 22:41

Part 1: September–December 2007 September 11th, 2007: Ardboyne HotelEarly aut(...)

The Anglo trial: in quotes

Crime & Law
Fiona Gartland
April 17, 2014, 15:55

“I said what about the regulator and your man said sure they’ll be delighted with it” - Sean FitzPatrick on David Drumm talking about the deal (...)

Brendan O’Brien, industrial organiser with Siptu, has written to city manager Owen Keegan calling on him to “abandon what is a charade of a review” of Dublin’s ambulance service. Photograph: David Sleator

Calls to end ‘charade of a review’ of Dublin ambulances

Health
Kitty Holland
March 19, 2014, 22:51

Renewed calls have been made for a review of Dublin’s ambulance service to be abandoned following revelations about a HSE plan(...)

Former Anglo Irish Bank chairman Seán FitzPatrick has pleaded not guilty to all charges. Photograph: Collins

Procedures ‘not followed’ over Anglo Maple 10 loans

Courts
Steven Carroll
Fiona Gartland
February 14, 2014, 01:00

Procedures requiring Anglo Irish Bank loans of more than €25 million to be referred to a non-executive director appeared not to have been follo(...)

Witness Niall Tuite at Dublin Circuit Criminal Court. Photograph: Collins Courts.

Developer says Anglo approached him to say opportunity arisen

Courts
February 13, 2014, 12:46

A building developer who was one of the so-called Maple Ten lenders has told the trial of three former Anglo Irish Bank executives that the ban(...)

Lorcan McCloskey leaving the the Circuit Criminal Court yesterday: said Michael O’Sullivan called him to return to Anglo’s office and effect a €20m transfer to cover Seán Quinn’s margin calls. Photograph: Niall Carson/PA Wire

Former associate director of lending tells of ‘Mayday call’ on St Patrick’s Day 2008

Courts
Ruadhán Mac Cormaic
February 13, 2014, 01:01

A former Anglo Irish Bank official has said he received “effectively a Mayday call” o(...)

Lorcan McCluskey leaving after yesterdays sitting of the Anglo Irish Bank trial in the Circuit Criminal Court. Photograph: David Sleator/The Irish Times

Anglo Irish Bank trial: Day 6 at a glance

Courts
Ruadhán Mac Cormaic
February 13, 2014, 01:00

WITNESSES Lorc(...)

Michael O’Sullivan. Photograph: Courtpix

Former Anglo official recalls ‘heated exchange’ with manager

Courts
Steven Carroll
February 13, 2014, 01:00

A former Anglo Irish Bank official had a “heated exchange” with his line manager after reporting concerns about the terms of loans to the “Maple 10(...)

“Lorcan McCluskey told Dublin Circuit Criminal Court he did not agree with amending the facility letters to the 10 men, who had each been lent €60 million in July 2008 to buy Anglo shares, as it could have limited the bank’s return on the loans to the value of the shares rather than 25 per cent of the loan value.” Photograph: Frank Miller

Anglo associate director refused to sign letters changing loan terms

Courts
Steven Carroll
February 12, 2014, 01:01

A former Anglo Irish Bank associate director refused to sign letters changing the terms of the loans to the s(...)

Seán Quinn: he described his dealings in Anglo’s shares and contracts for difference as a “fiasco” and said he had taken “a right beating” as a result. He said the experience had left him “furious”. Photograph: Cyril Byrne

Quinn says he felt like a ‘fool’ after he lost €3.2 billion investing in Anglo

Courts
Steven Carroll
February 11, 2014, 01:01

Businessman Seán Quinn has said he felt like “a fool” after he lost €3.2 billion investing in Anglo Irish Bank. Mr Quinn described his dealings in the(...)