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Irish local news and public records

Denis Casey found guilty of conspiracy in Anglo trial

By Donal Gilhooly

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

Denis Casey was found guilty of conspiracy in the Anglo trial. The proceedings were reported on 9 June 2016. The former chief executive of Irish Life & Permanent was the last of four defendants to learn his verdict.

The four accused had pleaded not guilty to conspiring to mislead investors about the true health of the bank. The case concerned circular transactions totalling €7.2 billion between Anglo Irish Bank and Irish Life & Permanent, allegedly arranged to bolster Anglo’s balance sheet.

Willie McAteer and John Bowe were also found guilty of conspiracy, according to a report dated 1 June 2016. Peter Fitzpatrick was found not guilty of the €7.2 billion conspiracy, as reported on 3 June 2016.

A separate report published on 25 July 2016 said the judge would deliver sentence that Friday. A further report dated 26 July 2016 described supporters and family members speaking in court on behalf of the three defendants ahead of sentencing.

Sources

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