January 2014 trial date set for Anglo executives

Wednesday 23 January 2013 12.09
January 2014 date set for trial of three former Anglo Irish Bank executives
January 2014 date set for trial of three former Anglo Irish Bank executives

The trial of three former senior Anglo Irish Bank Executives in connection with alleged financial irregularities at the Bank is due to take place next year.

The former chairman and chief executive Sean FitzPatrick, the former finance director Willie McAteer and the former managing director in Ireland Patrick Whelan are all charged with 16 offences under the Companies Act.

The Circuit Criminal Court was told today that 24 million documents may have to be considered before the trial can begin.

They are 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 them to buy shares in the bank

The Circuit Criminal Court was told today that 24 million documents may have to be considered before the trial can begin.

Prosecuting counsel Una Ni Raifteraigh said disclosure in the case was complex and that it was not simply about supplying the material to the defence, it was also a matter of culling and organising it.

She also said the defence needed to be given an adequate opportunity to absorb the material.

Judge Ellen Ring set a trial date of January 13th next year and said if it cannot be done by then it says something about the system.

The judge was also told the trial is expected to last at least three months.

The three were remanded on continuing bail to appear again on 6th March.