Former Anglo boss FitzPatrick charged
The former chairman of Anglo Irish Bank has today been charged with facilitating unlawful loans to buy Anglo shares.
Sean FitzPatrick was brought before the Criminal Courts in Dublin for the alleged financial irregularities.
FitzPatrick, of Whitshed Road, Greystones, was arrested at Dublin Airport at 5.37am this morning having stepped off a flight from Atlanta, after arranging to meet officers.
Dressed in chinos, loafers a navy jacket, blue shirt and pink tie a tanned FitzPatrick greeted the judge with a "good morning" on entering the court.
The court heard the 64-year-old replied “no comment” when charged with 16 offences by gardaí attached to the Office of the Director of Corporate Enforcement in a city centre Garda station.
Each charge relates to advising on and lending millions to a golden circle of investors.
Bankrupt billionaire Sean Quinn’s wife and children were among those involved in the ill-fated plan to save the sinking bank in July 2008.
FitzPatrick is the third person to be arrested so far this week in connection with an ongoing investigation into financial irregularities at the collapsed bank.
Former finance director Willie McAteer (aged 61) from Rathgar in south Dublin, and former managing director of lending at the toxic bank, Pat Whelan (aged 50) were charged with the same offences yesterday.
All three have been bailed and will reappear before the court on October 8.
Anglo was nationalised months later, in January 2009, and has since cost the Irish taxpayer about €30bn – almost half the value of Ireland's bank bailout.
