Courts / Dublin / Report
Jury to continue deliberating in trial of former ILP chief
Summary
The jury in the conspiracy‑to‑defraud trial of former Irish Life and Permanent CEO Denis Casey, aged 56, will resume deliberations tomorrow morning after 53 hours of discussion. Casey and three other former banking executives had pleaded not guilty to a €7.2 billion scheme intended to mislead investors, depositors and lenders about Anglo Irish Bank's true health in 2008. The trial, the longest criminal case in the State's history, reached day 87 when Judge Martin Nolan told the jury to return in the morning. Earlier, the jury had convicted Anglo's former head of capital markets John Bowe (52) and finance director Willie McAteer (65) of conspiring to mislead the public about the bank's balance sheet, and had found Peter Fitzpatrick (63) not guilty after 47 hours of deliberation.
Who, what, where, when and why
What: Report matter: Jury to continue deliberating in trial of former ILP chief. Charges or matters: engaging in a €7.2 billion conspiracy intended to mislead investors, depositors and lenders about the true health of Anglo Irish Bank in 2008; conspiring together and with others to defraud by setting up a €7.2 billion circular transaction scheme between March 1st and September 30th, 2008 to bolster Anglo's balance sheet with the intention of misleading investors. Procedural stage: sentence
When:
- July 25th Adjournment
- March 1st Other
- September 30th, 2008 Other
- December 3rd 2008 Other
- 2016-06-07 Publication
Case subjects
Defendant
Charges: engaging in a €7.2 billion conspiracy intended to mislead investors, depositors and lenders about the true health of Anglo Irish Bank in 2008; conspiring together and with others to defraud by setting up a €7.2 billion circular transaction scheme between March 1st and September 30th, 2008 to bolster Anglo's balance sheet with the intention of misleading investors (Alleged Or Contested)
Plea: Not guilty
Outcome: They have been remanded on bail pending sentence until July 25th next.; They have been remanded on bail pending sentence until July 25th next.
Places mentioned
- Dublin
- Dublin Circuit Criminal Court
- Dublin
- Convent Lane
- Portmarnock
- Tipperary Town
- Tipperary
Topics
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