Matt Cullen gave evidence in €7bn conspiracy trial

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

Matt Cullen gave evidence in the conspiracy to mislead investors trial at Dublin Circuit Criminal Court on 9 February 2016.

The former Anglo treasury director said he approached Irish Life about raising €6bn or €7bn after being instructed by former chief executive David Drumm. The four defendants deny conspiring to make Anglo appear €7.2bn more valuable through financial transactions.

Cullen said he did not consider Anglo’s deposits with Irish Life improper. The trial continued before Judge Martin Nolan.