ARRESTED: Former Anglo Irish Bank Officials Appear in Court
http://www.rte.ie/news/2012/0723/former-anglo-finance-director-arrested-business.html
Former Anglo officials appear in court
Updated: 17:10, Monday, 23 July 2012
Two former senior executives at Anglo Irish Bank have appeared in court charged in connection with alleged financial irregularities at the bank
One News: McAteer in court over contravening Company Law Act
Former finance director Willie McAteer and former managing director for Ireland Patrick Whelan have both been charged with sixteen offences under the Companies Act
They are both accused of permitting Anglo Irish Bank to give financial assistance to Patricia Quinn, her five children and ten senior clients of the Bank who became known as the Maple Ten, to enable the 16 to buy shares in the bank.
Both men were remanded on bail to appear again in the Dublin District Court in October for service of the book of evidence.
They are the first to face criminal charges as part of the ongoing joint investigation by the Garda Bureau of Fraud Investigation and the Director of Corporate Enforcement
The joint investigation into alleged irregularities at Anglo Irish Bank has been ongoing for the past three and a half years.
Mr McAteer was the first to be arrested on the N7 at Rathcoole at 9.50am and brought to the Bridewell Garda Station.
At 12.25pm Mr Whelan was also arrested at his home at Rachra, the Coast Road in Malahide.
He too was brought to the Bridewell before being transferred by Garda van to the Dublin District Court where both men appeared at separate hearings.
Detective Sergeant Catharina Gunne of the Garda Bureau of Fraud Investigation gave evidence of arrest, charge and caution in the case of Willie McAteer. She told the court he made no reply to the charges
The 61-year-old was released on bail this afternoon of his own bond of €1,000 after he handed in his passport agreed to reside at his home in Auburn Villas in Rathgar and his wife Maria was accepted by the
court as an independent surety of €10,000.
In the case of Mr Whelan, Detective Sergeant Michael Prendergast who is on secondment to the Office of the Director of Corporate Enforcement gave evidence of arrest, charge and caution.
The 50-year-old was remanded on bail of a €1,000 bond and a €10,000 surety.
He is to reside at his own address and give the gardaí notice of his intention to travel abroad except to the UK. The court heard Mr Whelan is "back and forth" to London during the week.
His defence solicitor said the gardaí accepted he was not a flight risk and are not looking for his passport.
He was also ordered to sign on once a week at Malahide Garda Station
Both men are due to appear again in the Dublin District Court for service of the book of evidence on the 8 October.
You need to be a member of Ashtar Command - Spiritual Community to add comments!
Replies
We are moving now ...changes are happening