Three former bankers charged with €7.2bn fraud in Dublin

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

Denis Casey, Peter Fitzpatrick and John Bowe appeared in Dublin District Court on 18 December 2013, charged with conspiracy to defraud the public under common law.

The charges concerned €7.2 billion in deposits between Anglo Irish Bank, Irish Life & Permanent and Irish Life Assurance in 2008. John Bowe also faced a separate false-accounting charge concerning the deposits.

Judge Patricia McMahon remanded all three on bail until March 12th next. Conditions included a €1,000 cash bond, a €10,000 independent surety, weekly Garda station signing and 48 hours’ notice before travel outside the jurisdiction; Peter Fitzpatrick was allowed to travel to Northern Ireland for family purposes.