Court archive
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2017-02-20 · Wicklow
During the trial of former Anglo Irish Bank chairman Sean FitzPatrick, former auditor Kieran Kelly testified that the loans linked to FitzPatrick represented only a very small portion of the bank's loan book. Kelly, a partner at EY, estimated the figure at about 0.20 per cent of the total loan portfolio, which was roughly €19 billion in 2002. He…
2017-02-17 · Wicklow
During the trial of former Anglo Irish Bank chairman Sean FitzPatrick, it was revealed that auditor Kieran Kelly, a partner at EY, did not remind the Anglo board of the criminal risk of providing misleading information to auditors. Kelly admitted that guidelines allow auditors to warn directors about the offence, but he believed the board, being…