2018-05-29 · Dublin
Jury deliberating in Drumm trial
The Dublin Circuit Court jury in the trial of former Anglo Irish Bank chief executive David Drumm was sent home after deliberating for just over an hour. The jury, consisting of nine men and three women, returned to court later that day to hear a recorded phone call between Drumm and former Anglo treasury director John Bowe from late September 2008. Bowe is named as an alleged co‑conspirator in Drumm's indictment. The State alleges that Drumm conspired with former Irish Life & Permanent CEO Denis Casey, former Anglo financial director Willie McAteer, Bowe and others to carry out €7.2 bn in fraudulent transactions to inflate the bank's deposit figures. Drumm's lawyers admit the transactions occurred but dispute their fraudulent nature. Judge Karen O'Connor reminded the jury that Drumm pleaded not guilty and is presumed innocent, and that they must consider each count separately. The jury will return tomorrow at 2 pm for further deliberations.