David Drumm denied bail relaxation over fraud charges

This report is a localnews.ie summary based on public court reporting and records; sources are listed below.

David Drumm was denied a relaxation of his bail conditions over alleged fraud charges at Dublin Circuit Criminal Court, reported on 7 September 2016.

Drumm had asked to sign on at Balbriggan Garda station weekly instead of daily, but Judge Martin Nolan ruled the daily requirement was not unreasonable. He faced charges alleging conspiracy to defraud Anglo Irish Bank depositors and investors, an EU transparency directive offence, unlawful financial assistance and falsifying documents; he had not entered a plea.

This case may have concluded differently. The outcome has not yet been confirmed by a public source we could find.