A judge in the United States is to decide whether a fresh claim by Anglo Irish Bank about its former chief executive, David Drumm, merits a high-profile bankruptcy trial.
It emerged last night that the bank has asked a US court to deny David Drumm a discharge under bankruptcy laws there.
Anglo says the former chief executive acted fraudulently when he ran the bank.
Mr Drumm filed for bankruptcy last year and the court has been examining his case that he should be allowed to walk away from more than €10m in debts he owes to Anglo.
But the bank has filed papers urging the judge to deny him the protection of the court.
The bank says David Drumm committed fraud in connection with the so-called Maple 10 investors.
These were people who were given loans by Anglo to buy shares in the bank.
The bank says the desperate attempts by Mr Drumm were a fraudulent attempt to avoid serious risk to himself, other bank directors and favoured investors.
The judge will now have to decide whether the bank's claim merits a high-profile bankruptcy trial, at which Mr Drumm would have to account for many of these alleged actions.
Elsewhere, Minister for Finance Michael Noonan has said he does not have the authority to write to US officials to have Mr Drumm declared an illegal immigrant.
Mr Noonan said if the DPP decides there is a case to be taken against Mr Drumm, then extradition proceedings could be put in place.
He was responding to a query from Fianna Fáil Senator Thomas Byrne at the Oireachtas Finance Committee.
Senator Byrne described the former Anglo CEO as a "national embarrassment".
He asked if Michael Noonan had been in contact with US authorities about the case - the minister said he was not and that it was not within his remit.