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"Those fucking clowns down on Dame Street": Drumm trial hears of Central Bank call
Summary
During the 30th day of David Drumm's trial at Dublin Circuit Criminal Court, the jury heard recordings of phone calls made in September 2008 between Drumm, former Anglo Irish Bank director John Bowe, and other bank officials. The calls, recorded by the bank for business purposes, were played to show Drumm's discussions with Bowe about seeking emergency funding from the Central Bank and the bank's liquidity situation. Drumm referred to the regulator as "Freddie fucking Fly" and described the bank's financial state as "still f***ed," noting a €14 bn liquidity shortfall. He also talked about the bank's balance‑sheet manipulation and the need to present a simplified cash‑flow statement to the regulator. Drumm pleaded not guilty to conspiracy and false accounting charges related to the 2008 deposit figures. The trial continues before Judge Karen O'Connor and a jury of ten men and four women.
Who, what, where, when and why
What: Report matter: "Those fucking clowns down on Dame Street": Drumm trial hears of Central Bank call. Procedural stage: trial
When:
- September 2008 Hearing Or Sentence
- September 18, 2008 Other
- September 18 Other
- September 22, 2008 Hearing Or Sentence
- September 22 Other
- December 3 Other
- September 29 2008 Other
- December 3, 2008 Other
- 2018-02-23 Publication
Case subjects
Defendant
Plea: Not guilty
Places mentioned
- Dame Street
- Dublin
- Dublin Circuit Criminal Court
Topics
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