Courts / Tipperary / Report

Former Anglo Irish Bank executive granted legal aid for trials

Date
2015-06-08
Stage
Finding
Primary locality
Tipperary Town
County
Tipperary

Summary

In a 2015 court hearing, former Anglo Irish Bank executive William McAteer, aged 63, was granted legal aid for two upcoming criminal trials. The court noted that an enlarged jury panel would be required for the trial involving McAteer and three co‑accused: John Bowe (50), former head of capital markets at Anglo Irish Bank; Denis Casey (54), former chief executive of Irish Life and Permanent; and Peter Fitzpatrick (61), former director of finance at IL&P. The co‑accused are charged with conspiring to mislead investors by transferring €7.2 billion to inflate the bank's value between March and September 2008. McAteer and Bowe also face separate charges of falsifying accounts under the Theft and Fraud Act. McAteer is also set to stand trial in January 2017 for fraudulently obtaining a loan from Anglo Irish Bank to repay a personal loan with Bank of Ireland in September 2008. William McAteer was convicted.

Who, what, where, when and why

What: Report matter: Former Anglo Irish Bank executive granted legal aid for trials. Charges or matters: providing unlawful loans to businessmen known as the Maple 10 in July 2008 to buy shares in the bank, contrary to section 60 of the Companies Act; conspiring to mislead the bank's investors about the true value of its deposit books. Procedural stage: finding. Findings: Convicted

When:

Case subjects

Denis Casey

Accused

Charges: providing unlawful loans to businessmen known as the Maple 10 in July 2008 to buy shares in the bank, contrary to section 60 of the Companies Act (Alleged Or Contested)

John Bowe

Accused

Charges: providing unlawful loans to businessmen known as the Maple 10 in July 2008 to buy shares in the bank, contrary to section 60 of the Companies Act (Alleged Or Contested)

Peter Fitzpatrick

Accused

Charges: providing unlawful loans to businessmen known as the Maple 10 in July 2008 to buy shares in the bank, contrary to section 60 of the Companies Act (Alleged Or Contested)

William McAteer

Accused

Charges: conspiring to mislead the bank's investors about the true value of its deposit books; providing unlawful loans to businessmen known as the Maple 10 in July 2008 to buy shares in the bank, contrary to section 60 of the Companies Act (Proven)

Finding: Convicted

Outcome: Convicted

Places mentioned

Secondary Mention
Court Venue
  • Dublin
  • Dublin Circuit Criminal Court

Topics

Fraud Stage Finding Theft

Related court reports

Read the original CNI report

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