David Drumm denies conspiracy to defraud and false accounting

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

David Drumm denies conspiracy to defraud and false accounting at Dublin Circuit Criminal Court on 14 February 2018.

The trial heard recordings about transactions between Anglo Irish Bank and Irish Life and Permanent, including efforts to improve Anglo’s reported deposits.

The prosecution alleges the transactions created the impression that Anglo customer deposits were €7.2 billion greater than they were.

The jury was expected to hear further telephone calls.