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Court reserves judgement in appeals taken by bank execs jailed for €7.2bn conspiracy
Summary
The Court of Appeal has reserved judgment on the appeals of John Bowe and Denis Casey, former executives of Anglo Irish Bank and Irish Life and Permanent, respectively. Both were convicted in 2016 for a €7.2 billion conspiracy to mislead investors by manipulating Anglo's apparent value between March and September 2008. Bowe, aged 52, received a two‑year sentence, while Casey, aged 56, was sentenced to two years and nine months. Their appeals were heard by a three‑judge panel, including Justice Seán Ryan, Justice George Birmingham, and Justice John Edwards, and the court has now reserved judgment. John Bowe pleaded not guilty. Denis Casey pleaded not guilty.
Who, what, where, when and why
What: Report matter: Court reserves judgement in appeals taken by bank execs jailed for €7.2bn conspiracy. 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
- 2017-03-10 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: Judge Martin Nolan sentenced Bowe to two 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) The Court of Appeal has reserved judgment on appeals taken by two former bank executives, jailed last year for a €7.2 billion conspiracy committed on dates in 2008. Judge Martin Nolan sentenced Bowe to two years and Casey to two years and nine months imprisonment on July 29, 2016.; Credit: Collins) The Court of Appeal has reserved judgment on appeals taken by two former bank executives, jailed last year for a €7.2 billion conspiracy committed on dates in 2008.
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