Court archive
Different people may share this name. This page collects matching printed names for browsing; it does not establish that these reports concern the same person. Underlying profiles remain separate.
2018-07-26 · Dublin
The Central Bank was granted access to the transcripts and exhibits from the trial of former Anglo Irish Bank CEO David Drumm. The application was made before Judge Karen O'Connor at Dublin Circuit Criminal Court after written submissions and relevant case law were submitted last Tuesday. The application was not contested by the Director of…
2018-07-10 · Skerries, Dublin
David Drumm, former chief executive of Anglo Irish Bank, has received a fully suspended sentence of fifteen months at Dublin Circuit Criminal Court for his involvement in an unlawful loan scheme. The 51-year-old from Skerries, County Dublin pleaded guilty to ten counts of authorising unlawful financial assistance to the Maple Ten group of…
2018-07-09 · Dublin
David Drumm, former CEO of Anglo Irish Bank, pleaded guilty to ten counts of authorising unlawful financial assistance for the purchase of bank shares by the Maple Ten group between 10 and 17 July 2008. The loans were part of a scheme to unwind a 28 % stake that businessman Sean Quinn had built in the bank using contracts for difference (CFDs).…
2018-06-29 · Dublin
Former Anglo Irish Bank chief executive David Drumm, aged 51, pleaded guilty in the Dublin Circuit Criminal Court to authorising or permitting illegal loans to ten businessmen in 2008 to purchase shares in the bank. The loans were given to the so‑called Maple 10 group, comprising Brian O'Farrell, Gerard Conlon, Gerard Gannon, Gerard Maguire, John…
2018-06-05 · Dublin
The jury in the trial of former Anglo Irish Bank CEO David Drumm was sent home after a third day of deliberations, marking day 81 of proceedings in a 16‑week trial at Dublin Circuit Criminal Court. Judge Karen O'Connor had instructed jurors that a unanimous verdict was required for both counts against Drumm, but that each count could be…
2018-06-01 · Dublin
The trial of former Anglo Irish Bank chief executive David Drumm, aged 51, has been delayed for a second consecutive day because a juror was unavailable. Drumm is on trial for conspiracy to defraud and false accounting, having been in court for 17 weeks. Judge Karen O'Connor informed the jury that the case had reached a critical stage and that a…
2018-05-31 · Dublin
The jury in the conspiracy to defraud and false accounting trial of former Anglo Irish Bank CEO David Drumm paused their deliberations because one juror was "indisposed" and could not attend court. Judge Karen O'Connor informed the jury that they had no alternative but to send them home for the day, with courts services in contact with the juror…
2018-05-30 · Dublin
The jury in the Anglo Irish Bank CEO David Drumm trial was sent home for a second night after deliberating for just under two hours today, bringing their total deliberation time to three hours and nine minutes. The case, which has been one of the longest in the State, involves two separate counts of conspiracy to defraud and false accounting.…
2018-05-29 · Dublin
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…
2018-05-15 · Dublin
The State's case against former Anglo Irish Bank chief executive David Drumm at Dublin Circuit Criminal Court closed after 74 days of evidence. Prosecutor Paul O'Higgins SC informed the jury that the DPP's evidence was complete and the prosecution case had closed. Judge Karen O'Connor sent the jury home for the day, noting that Mr Drumm's lawyers…
2018-05-14 · Dublin
During the fifteenth week of David Drumm's trial at Dublin Circuit Criminal Court, a financial analyst, Eamon Hughes, testified that Anglo Irish Bank's share price fell from 0.94c to 0.48c after the release of preliminary 2008 figures. Hughes explained that the drop reflected a 50‑percent decline and that the loan‑to‑deposit ratio had risen, a…
2018-05-10 · Dublin
The jury in the conspiracy to defraud trial of David Drumm, a 51‑year‑old from Skerries, Co. Dublin, has been informed that the prosecution will finish presenting its evidence next week. Judge Karen O'Connor noted that the case is at day 72 of hearing and is approaching its conclusion. Drumm has pleaded not guilty to conspiring with former Anglo…
2018-05-09 · Skerries, Dublin
The trial of David Drumm, former Anglo Irish Bank CEO, continued before Judge Karen O'Connor and a jury, with the defendant pleading not guilty to conspiring with former officials Denis Casey, William McAteer, John Bowe, and others to defraud depositors and investors. He is also charged with false accounting on December 3, 2008, allegedly by…
2018-05-08 · Dublin
During the 70th day of David Drumm's conspiracy to defraud trial, the jury heard from Pamela Lennon, a former Central Bank manager, who described a shared European network that recorded real‑time balances of banks. Lennon testified that the network captured daily balances and that the data was transferred to storage facilities in Germany, France…
2018-05-01 · Dublin
During the 13th week of David Drumm's trial at Dublin Circuit Criminal Court, a jury heard that a €7.2 billion transaction between Anglo Irish Bank and Irish Life and Permanent had no commercial substance because Anglo's asset profile did not change. Dan Taylor, a chartered accountant from BDO London, testified that the purpose of the…
2018-04-30 · Dublin
In a trial at Dublin Circuit Criminal Court, the chair of Irish Life and Permanent's audit committee, Breffni Byrne, testified that he was not informed of a €7.2 billion cash‑for‑cash deal with Anglo Irish Bank until months after it occurred in September 2008. Byrne said he expected the transaction to be discussed beforehand because of its size…
2018-04-27 · Dublin
During the 64th day of David Drumm's conspiracy to defraud trial, former ILP credit manager Peter McCabe testified that he overheard ILP dealers discussing a €7.2 billion Anglo deposit figure in September 2008. McCabe said he warned his boss, David Gantly, that the situation was dangerous, but Gantly dismissed his concerns and told him his input…
2018-04-26 · Dublin
In a Dublin Circuit Criminal Court hearing, former Anglo Irish Bank chief executive David Drumm, aged 51, pleaded not guilty to conspiracy and false accounting charges. He is accused of colluding with former bank officials to defraud depositors and investors by falsely claiming Anglo's 2008 deposits were €7.2 billion larger than they were. The…
2018-04-25 · Dublin
The trial of David Drumm, 51, of Skerries, Co Dublin, continued at Dublin Circuit Criminal Court before Judge Karen O'Connor and a jury. Drumm, the former Anglo Irish Bank CEO, has pleaded not guilty to two charges: conspiring with former officials Denis Casey, William McAteer, John Bowe, and others to defraud depositors and investors by…
2018-04-18 · Dublin
David Drumm, 51, former CEO of Anglo, is on trial in Dublin Circuit Criminal Court for conspiracy to defraud. He admits that multi‑million euro transactions occurred between Anglo and Irish Life & Permanent in 2008 but denies they were fraudulent or dishonest. Drumm has pleaded not guilty to conspiring with former bank officials to defraud…
2018-04-17 · Dublin
In a Dublin Circuit Criminal Court hearing, former Irish Life and Permanent chief dealer David Gantly testified about a 2008 Central Bank meeting where senior treasury heads from six major Irish banks were advised to issue bonds that would be purchased by each other to boost market confidence. Gantly said the Central Bank and the Financial…
2018-04-16 · Dublin
David Drumm, former CEO of Anglo Irish Bank, is currently on trial at Dublin Circuit Criminal Court, where he has pleaded not guilty to two charges. He is alleged to have conspired with former bank officials Denis Casey, William McAteer, John Bowe, and others to defraud depositors and investors by dishonestly creating the impression that 2008…
2018-04-13 · Dublin
During the 54th day of David Drumm's trial, a jury heard that senior Irish Life and Permanent (ILP) bankers were "scared shitless" as €7.2 bn transactions with Anglo Irish Bank were carried out in September 2008. Paul Kane, former Head of Liquidity at ILP, testified that he personally supervised the deals and that the senior ILP officers,…
2018-04-12 · Dublin
In a 2018 trial, a senior banker at Irish Life and Permanent (ILP), Peter Fitzpatrick, instructed that the €7.2 billion transaction with Anglo Irish Bank be formally documented to protect ILP from potential exposure. Fitzpatrick, during a 2008 phone call with former ILP liquidity manager Paul Kane, emphasized the need for standard banking…
2018-04-11 · Dublin
During the 52nd day of David Drumm's trial at Dublin Circuit Criminal Court, former Anglo Irish Bank non‑executive director Michael Jacob testified that the bank sourced "excellent people" to conduct "healthy checks and balances" amid the 2008 financial crisis. Jacob explained that Anglo's financial reporting had evolved and that the bank had…
2018-04-10 · Dublin
The Dublin Circuit Criminal Court trial of former Anglo Irish Bank CEO David Drumm, who faces conspiracy to defraud charges, has been ongoing since January. Judge Karen O'Connor informed the jury that she is very hopeful the proceedings will conclude at the beginning of June. The jury began hearing evidence on February 9 after initial legal…
2018-04-09 · Dublin
In a criminal hearing at Dublin Circuit Court, former Anglo Irish Bank CEO David Drumm was accused of conspiring to defraud depositors and investors by misrepresenting the bank's deposit levels. Drumm, who signed a statement to the Irish Stock Exchange on 3 December 2008, claimed that customer funding had risen to €51.5 bn, a figure that was…
2018-03-20 · Dublin
In a Dublin Circuit Criminal Court hearing, former Anglo Irish Bank executive David Drumm, aged 51, pleaded not guilty to conspiracy and false accounting charges. He is accused of colluding with ex‑bank officials to defraud depositors by falsely claiming Anglo's 2008 deposits were €7.2 billion larger than they were. Drumm also faces a false…
2018-03-14 · Dublin
David Drumm, the former head of liquidity at Anglo Irish Bank, is currently on trial at Dublin Circuit Criminal Court, where he has pleaded not guilty to two charges. He is accused of conspiring with former bank officials Denis Casey, William McAteer, John Bowe, and others to defraud depositors and investors by dishonestly creating the impression…
2018-02-21 · Dublin
In a trial at Dublin Circuit Criminal Court, former Anglo Irish Bank chief executive David Drumm, aged 51, pleaded not guilty to conspiracy and false accounting charges. Drumm claimed the Central Bank and the Irish Financial Services Regulatory Authority were fully aware of Anglo's actions to protect itself in September 2008, citing an email to…
2018-02-20 · Dublin
The former company secretary of Anglo Irish Bank admitted to amending audit committee minutes to include a reference to a transaction with Irish Life and Permanent after being asked by bank executives. She said that Donal O'Connor, the bank's chairman, had told her that he and two other executives had discussed the matter and that the minutes…
2018-02-20 · Dublin
During the trial of David Drumm, the jury heard that Anglo Irish Bank's audit committee was an independent watchdog tasked with overseeing management. Former company secretary Natasha Mercer said the committee's role was to challenge management if activities were not appropriate and that all members had substantial accountancy experience. Drumm,…
2018-02-19 · Dublin
In the first week of David Drumm's conspiracy to defraud trial at Dublin Circuit Criminal Court, the former head of treasury risk at Anglo Irish Bank, aged 51, pleaded not guilty to conspiring with former bank officials to defraud depositors and investors by creating the impression that Anglo's 2008 deposits were €7.2 billion larger than they…
2018-02-15 · Dublin
During the trial of David Drumm, former Anglo Irish Bank executive Brian Lynch testified that the plan to cover a funding shortfall grew from €1 bn to €7 bn in the weeks before the bank's year‑end. Lynch said Drumm had aimed for a year‑end deposit figure of €55–56 bn, with a shortfall of about €7 bn. He explained that the only viable funding…
2018-02-14 · Dublin
During a 2018 trial, former Anglo Irish Bank chief executive David Drumm, aged 51, pleaded not guilty to conspiracy to defraud and false accounting involving €7.2 billion in 2008. The case centred on a proposed €750 million short‑term loan between Anglo and Irish Life & Permanent (ILP). Senior Anglo executive John Bowe testified that the…
2018-02-13 · Dublin
During the trial of David Drumm, former Anglo Treasury head Matt Cullen testified that on the evening of 29 September 2008 he personally delivered a letter to the Central Bank requesting over €1 billion in emergency funding. Cullen explained that Anglo was short of cash and could not meet payment obligations the following day. He recounted that…
2018-02-13 · Dublin
During the trial of former Anglo Irish Bank chief executive David Drumm, witness Matt Cullen, ex‑Treasury head, testified that he sensed impending trouble after a colleague warned that the interbank market was "drying up." Cullen agreed with prosecutor Paul O'Higgins that tremors were beginning to reverberate across the financial world. He…
2018-02-09 · Dublin
David Drumm, former chief executive of Anglo Irish Bank, pleaded not guilty to conspiracy and false accounting charges. His defence counsel admitted that Drumm authorised a series of transactions in 2008 that inflated the bank's deposits by €7.2 billion. The transactions, described as "March", "June", "September" and "December" deals, involved…
2018-02-09 · Dublin
During the opening of David Drumm's conspiracy to defraud trial, the jury was told that Drumm, then chief executive of Anglo Irish Bank, authorised deals that falsified the bank's balance sheet. Prosecutors described him as "the man who called the shots" and said the deals made it appear that customer deposits were €7.2 billion greater than they…
2018-02-09 · Skerries, Dublin
The trial of former Anglo Irish Bank chief executive David Drumm has commenced. Drumm, aged 51 and residing in Skerries, Co Dublin, is accused of conspiring with former bank officials Denis Casey, William McAteer, John Bowe and others to defraud depositors and investors by falsely presenting Anglo's 2008 deposits as €7.2 billion larger than they…
2018-01-16 · Dublin
Three new jurors were sworn in for the trial of former Anglo Irish Bank chief David Drumm after difficulties arose with three jurors from Monday. Drumm, aged 51 and residing in Skerries, Co. Dublin, has pleaded not guilty to conspiracy charges with former bank officials Denis Casey, William McAteer, John Bowe and others, alleging they defrauded…
2018-01-15 · Dublin
A new jury was empanelled for the trial of former Anglo Irish Bank chief executive David Drumm, who is 51 and resides in Skerries, Co Dublin. Drumm has pleaded not guilty to conspiracy charges with former bank officials to defraud depositors and investors by falsely claiming that 2008 deposits were €7.2 billion larger than they were, and to false…
2018-01-11 · Dublin
The jury for former Anglo Irish Bank chief executive David Drumm, aged 51, was sent home until the end of January because of extensive legal argument in the case. Drumm, who lives in Skerries, Co. Dublin, has pleaded not guilty to conspiring with former bank officials Denis Casey, William McAteer, John Bowe and others to defraud depositors and…
2018-01-10 · Dublin
David Drumm, aged 51 and former chief executive of Anglo Irish Bank, pleaded not guilty to charges of conspiracy to defraud and false accounting. He is accused of colluding with others to mislead depositors and investors by presenting a false impression that 2008 deposits were €7.2 billion larger than they actually were. The court heard that…
2017-05-11 · Dublin
The trial of former Anglo Irish Bank chief executive David Drumm, aged 50 and residing in Skerries, Co Dublin, was adjourned again to January 12, 2018, by Judge Karen O'Connor at Dublin Circuit Criminal Court. Drumm faces two charges of conspiring to defraud depositors and investors by falsely presenting 2008 deposits as €7.2 billion larger than…
2017-04-07 · Skerries, Dublin
The trial of former Anglo Irish Bank chief executive David Drumm has been adjourned to a later date in the year. Judge Karen O'Connor vacated the original April 21 start date and set the matter for April 27, when a new trial date will be announced. Drumm, 50, who lives in Skerries, Co Dublin, faces two charges of conspiring to defraud depositors…
2016-04-08 · Balbriggan, Dublin
David Drumm, aged 49, will face two separate trials in 2017 and 2018 for alleged offences committed while he was CEO of Anglo Irish Bank. He is charged with 33 counts under two bills, including conspiring to defraud depositors and investors by falsely presenting €7.2 billion of deposits as larger than they were in 2008, and an additional charge…
2016-02-09 · Dublin
During the trial of four former senior bankers accused of conspiring to mislead investors, former Anglo director Matt Cullen testified that he acted under the direction of former Anglo CEO David Drumm when he approached Irish Life about an interbank loan of €7bn. Cullen said Drumm asked him to approach Irish Life to request €6‑7bn in September…
2016-02-09 · Dublin
The trial of four senior bankers accused of conspiring to mislead investors has heard that former Anglo Irish Bank CEO David Drumm authorised €7.2 billion in allegedly dishonest transactions. The accused include former Irish Life and Permanent (ILP) CEO Denis Casey, Anglo's former group finance director Willie McAteer, ILP's then group finance…