David Drumm found guilty in Anglo fraud conspiracy case

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

David Drumm was found guilty in the Anglo fraud conspiracy case at Dublin Circuit Criminal Court, reported on 6 June 2018.

The jury returned unanimous guilty verdicts after one of the State’s longest criminal trials, according to the report.

The prosecution said Mr Drumm authorised September 2008 transactions involving €7.2 billion, which inflated Anglo Irish Bank’s reported customer deposits.

The report said the transactions made deposits appear more than €7 billion higher than they were, while Mr Drumm disputed that they were fraudulent or dishonest.

He had pleaded not guilty to both charges and called no witnesses for the defence.