Courts / Wicklow / Report

Former Anglo chairman will not face any more criminal charges

Date
2017-05-24
Stage
Trial
Primary locality
Wicklow
County
Wicklow

Summary

Sean FitzPatrick, former chairman of Anglo Irish Bank, was acquitted of all 27 charges in a 127‑day trial at Dublin Circuit Criminal Court. Judge John Aylmer directed the jury to acquit, citing insufficient evidence and procedural shortcomings in the Office of the Director of Corporate Enforcement's investigation, including document shredding and witness coaching. The prosecution had alleged that FitzPatrick misled auditors about multi‑million‑euro loans linked to him and his family, and had concealed the full extent of these loans. The charges included 22 counts of misleading auditors and five of furnishing false information between 2002 and 2007. Earlier, nine charges were withdrawn for lack of evidence. No further criminal proceedings remain against FitzPatrick. Sean FitzPatrick pleaded not guilty.

Who, what, where, when and why

What: Report matter: Former Anglo chairman will not face any more criminal charges. Charges or matters: 27 offences under the 1990 Companies Act. Procedural stage: trial

When:

Why: He said that because of issues in the investigation, including the "extraordinary" shredding of documents by the ODCE investigator and the coaching of witnesses, there was a real risk to Mr FitzPatrick of an unfair trial. CNI source report

Case subjects

Sean FitzPatrick

Defendant

Charges: 27 offences under the 1990 Companies Act (Alleged Or Contested)

Plea: Not guilty

Places mentioned

Court Venue
  • Dublin
  • Dublin Circuit Criminal Court
Residence

Topics

Stage Trial

Related court reports

Read the original CNI report

Correction or retraction request

If a fact, identity, locality or legal outcome needs review, email the newsroom with this report's details prefilled.

Email a correction request