Courts / Wicklow / Report

Former Anglo chairman Sean Fitzpatrick to stand trial next month on charges of failing to disclose loans

Date
2015-03-27
Stage
Charge Or Pretrial
Primary locality
Wicklow
County
Wicklow

Summary

Former Anglo Irish Bank chairman Sean Fitzpatrick, 66, of Greystones, Co. Wicklow, is scheduled to stand trial on April 13 on 12 counts of failing to disclose loans. He is charged under Section 197 of the Companies Act 1990 with allegedly failing to disclose to auditors Ernst & Young the true value of loans worth at least €139 million. These loans were reportedly provided by Irish Nationwide Building Society to him or connected parties between 2002 and 2007 while he served as an officer of Anglo Irish Bank. At a recent pre-trial hearing before Judge Mary Ellen Ring, counsel indicated that preparations are still ongoing. The judge set the trial date for April 13, aiming to resolve any outstanding issues during the upcoming two-week Easter vacation. Judge Ring stated that the court would remain available to hear any issues arising during this period. Consequently, the matter was adjourned to the trial date, and Mr Fitzpatrick was remanded on continuing bail. The trial is expected to last approximately eight weeks.

Who, what, where, when and why

What: Report matter: Former Anglo chairman Sean Fitzpatrick to stand trial next month on charges of failing to disclose loans. Procedural stage: charge_or_pretrial

When:

Case subjects

Former Anglo

Accused

Outcome: The judge told counsel that the court will be available to hear any issues that arise during the vacation and remanded Mr FitzPatrick on continuing bail.

Places mentioned

Residence

Topics

Stage Charge Or Pretrial

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