David Drumm's trial adjourned over fraud charges

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

David Drumm’s trial on charges of conspiring to defraud depositors and investors was adjourned at Dublin Circuit Criminal Court until 12 January 2018, following a hearing on 11 May 2017. The charges relate to an allegation that he dishonestly created the impression that Anglo deposits in 2008 were €7.2 billion higher than they were.

Drumm also faces an additional charge concerning the EU transparency directive. He had not entered a plea, and a jury was instructed to be sworn when the trial is due to begin.