Courts / Dublin / Report
Conspiracy jury given index of 545 exhibits
Summary
The jury in the trial of four former Anglo Irish Bank and Irish Life & Permanent executives accused of conspiracy to defraud has resumed deliberations after receiving an index of 545 exhibits. The accused—Peter Fitzpatrick (63), Denis Casey (56), John Bowe (52) and Willie McAteer (65)—had pleaded not guilty to conspiring to mislead investors by creating a €7.2 billion circular transaction scheme between March and September 2008. The scheme involved Anglo lending money to ILP, which returned it via Irish Life Assurance, making the deposits appear as customer deposits and inflating Anglo's balance sheet from €44 bn to €51 bn. The prosecution argued the scheme's sole purpose was to mislead the public. Judge Martin Nolan asked the jury to resume deliberations, and the jury received a searchable index on USB keys and hard‑copy folders from all five legal teams.
Who, what, where, when and why
What: Report matter: Conspiracy jury given index of 545 exhibits. Charges or matters: conspiring together and with others to mislead investors by setting up a €7.2 billion circular transaction scheme between March 1st and September 30th, 2008 to bolster Anglo's balance sheet. Procedural stage: trial
When:
- March 1st Hearing Or Sentence
- September 30th, 2008 Hearing Or Sentence
- December 3rd 2008 Other
- 2016-05-18 Publication
Case subjects
Accused
Charges: conspiring together and with others to mislead investors by setting up a €7.2 billion circular transaction scheme between March 1st and September 30th, 2008 to bolster Anglo's balance sheet (Alleged Or Contested)
Plea: Not guilty
Places mentioned
- Convent Lane
- Portmarnock
- Dublin
- Tipperary Town
- Tipperary
- Dublin
- Dublin Circuit Criminal Court
Topics
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