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Thread: Sean FitzPatirck former chairman of Anglo Irish arrested.

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    Default Sean FitzPatirck former chairman of Anglo Irish arrested.

    I never thought I would see the day,

    http://www.independent.ie/business/i...t-3179074.html

    Sean Fitzpatrick arrested at dawn in Dublin airport

    FORMER Anglo Irish chairman Sean Fitzpatrick was arrested this morning at Dublin airport by members of the Garda Bureau of Fraud Investigation unit.

    He was arrested just after 5.30 am and taken to the Bridewell Garda station. It is believed he was returning from holidays when he was arrested.

    He is expected to appear in the court of Criminal Justice later this morning.

    The arrest has been made as part of an ongoing investigation by Gardai into alleged financial irregularities at the former Anglo Irish Bank.

    Yesterday two senior executives with the former Anglo Bank were the first to be charged in the probe into the lender.

    Former Anglo finance director Willie McAteer and the bank's ex-managing director Patrick Whelan were alleged to have provided unlawful financial help to the so-called 'Maple 10' group of Irish investors.

    They both face up to five years in jail for each of the 16 charges of advising and lending millions to the golden circle of investors to falsely inflate Anglo's share prices.

    This morning’s arrest is the third for the former Anglo Chairman Fitzpatrick.

    He was released without charge after being arrested by appointment at Bray Garda Station in December last year. He was previously arrested at his home and detained overnight.

    After his release Gardai sent a number of files to the Director of Public Prosecutions.

    - Independent.ie reporters
    Hopefully this time it is the real deal and we will see prosecutions follow.
    Last edited by ryanm34; Jul 24 2012 at 12:31 AM.
    "But the modern Irish, contrary to popular impression, have little sense of history. What they have is a sense of grievance, which they choose to dignify by christening it history. History therefore is 'not so much a matter of learning from the past as of stirring old grievances to keep them on the boil'."

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