Peter Fitzpatrick found not guilty of €7.2bn conspiracy

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

Peter Fitzpatrick was found not guilty of conspiring to create a false impression about Anglo Irish Bank’s financial health at the Criminal Court of Justice on 3 June 2016.

The former Irish Life & Permanent finance director had faced an allegation that he conspired with others over a €7.2 billion circular transaction scheme in 2008.

Judge Martin Nolan told Mr Fitzpatrick he was free to leave after the jury returned its decision.