Willie McAteer pleads guilty to €8m loan fraud

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

Willie McAteer pleaded guilty to fraudulently obtaining an €8m loan at Dublin Circuit Criminal Court on 19 December 2016.

The former Anglo Irish Bank finance director admitted obtaining €8,426,307 from the bank on 29 September 2008, secured against his shares.

He remained on bail and was due to return for sentencing on 12 January 2017, according to the report.