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Convicted banking execs have date set for appeal
Summary
In July 2016, former Anglo Irish Bank executives John Bowe (52), Willie McAteer (65), and former Irish Life and Permanent chief executive Denis Casey (56) were convicted by a jury at Dublin Circuit Criminal Court of conspiring to mislead investors about Anglo Irish Bank's financial health. They had used interbank loans to make the bank appear €7.2 bn more valuable between 1 March and 30 September 2008. Judge Martin Nolan sentenced Bowe to two years, McAteer to three‑and‑a‑half years, and Casey to two years and nine months imprisonment. All three lodged appeals against their convictions, and a hearing was scheduled for the week beginning 6 March 2017. McAteer and Casey also appealed their sentences, while Bowe did not. The appeal hearing was to be overseen by Mr Justice George Birmingham, who noted it would be the longest since the court's establishment in 2014. The men were not present for the procedural hearing. John Bowe pleaded not guilty. Willie McAteer pleaded not guilty. Denis Casey pleaded not guilty.
Who, what, where, when and why
What: Report matter: Convicted banking execs have date set for appeal. Charges or matters: conspiring to mislead investors by using interbank loans to make Anglo appear €7.2bn more valuable between March 1 and September 30, 2008. Procedural stage: appeal
When:
- March 1 Hearing Or Sentence
- September 30, 2008 Hearing Or Sentence
- July 29, 2016 Hearing Or Sentence
- March 6 Hearing Or Sentence
- 2016-10-21 Publication
Case subjects
Appellant
Charges: conspiring to mislead investors by using interbank loans to make Anglo appear €7.2bn more valuable between March 1 and September 30, 2008 (Alleged Or Contested)
Plea: Not guilty
Outcome: Credit: Collins) Three former bank executives jailed for conspiracy are set to bring appeals against their convictions next March. Judge Martin Nolan sentenced Bowe to two years, McAteer to three-and-a-half years and Casey to two years and nine months imprisonment on July 29, 2016.
Appellant
Charges: conspiring to mislead investors by using interbank loans to make Anglo appear €7.2bn more valuable between March 1 and September 30, 2008 (Alleged Or Contested)
Plea: Not guilty
Outcome: Credit: Collins) Three former bank executives jailed for conspiracy are set to bring appeals against their convictions next March. Judge Martin Nolan sentenced Bowe to two years, McAteer to three-and-a-half years and Casey to two years and nine months imprisonment on July 29, 2016.
Appellant
Charges: conspiring to mislead investors by using interbank loans to make Anglo appear €7.2bn more valuable between March 1 and September 30, 2008 (Alleged Or Contested)
Plea: Not guilty
Outcome: Credit: Collins) Three former bank executives jailed for conspiracy are set to bring appeals against their convictions next March. Judge Martin Nolan sentenced Bowe to two years, McAteer to three-and-a-half years and Casey to two years and nine months imprisonment on July 29, 2016.
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