Courts / Wicklow / Report

Jury sworn in for trial of former Anglo chairman Sean FitzPatrick

Date
2015-04-14
Stage
Trial
Primary locality
Wicklow
County
Wicklow

Summary

The jury was sworn in for the trial of former Anglo Irish Bank chairman Sean FitzPatrick, who pleaded not guilty to 27 offences under the Companies Act 1990. The charges centre on allegations that he failed to disclose the true value of multi‑million euro loans to the bank's auditors, Ernst & Young, from 2002 to 2007. Prosecutors claim he authorised arrangements to make the loan balances appear reduced at year‑end and did not inform auditors of these arrangements or of related transactions with Irish Nationwide Building Society. The trial is set to begin next Monday and could last until 28 May. The jury, composed of six men and six women, was carefully empanelled after the judge excluded those with potential bias or professional ties to banking or auditing. FitzPatrick, aged 66, is charged with 21 counts of making misleading statements and six counts of furnishing false information.

Who, what, where, when and why

What: Report matter: Jury sworn in for trial of former Anglo chairman Sean FitzPatrick. Charges or matters: charges connected with failing to disclose the true value of loans given to him or people connected to him by Irish Nationwide Building Society from 2002 to 2007 while he was an officer of Anglo Irish Bank; 27 offences under the 1990 Companies Act including 21 charges of making a misleading, false or deceptive statement to auditors; all charges. Procedural stage: trial

When:

Case subjects

Sean FitzPatrick

Accused

Charges: charges connected with failing to disclose the true value of loans given to him or people connected to him by Irish Nationwide Building Society from 2002 to 2007 while he was an officer of Anglo Irish Bank; 27 offences under the 1990 Companies Act including 21 charges of making a misleading, false or deceptive statement to auditors; all charges (Alleged Or Contested)

Plea: Not guilty

Places mentioned

Court Venue
  • Dublin
  • Dublin Circuit Criminal Court
Residence

Topics

Stage Trial

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