The former chief executive of Anglo Irish Bank, David Drumm, has consented to a judgment for €7.5 million being entered against him by his former employers.  

The judgment in favour of the Irish Bank Resolution Corporation relates to unpaid loans. 

The proceedings were taken against Mr Drumm by Anglo Irish Bank in 2009. 

He had counter-claimed for €2.6m in salary, pension, deferred bonus payments and damages.

However the action did not go ahead in October 2010 as Mr Drumm filed for bankruptcy in the US a few weeks beforehand. 

Solicitor Karyn Harty, on behalf of IBRC, applied for judgment in the sum of €7.5m to be entered against Mr Drumm at the Commercial Court.

She said the orders she was seeking were to deal with Mr Drumm's remaining debt.  

Mr Drumm's solicitor, Michael Staines, said his client was consenting to the orders. 

Mr Justice David Barniville agreed to enter judgment in the amount sought, with a stay on registration and execution of the judgment. 

Mr Drumm was jailed for six years in June 2018 after being found guilty of conspiracy to defraud and false accounting, in what the judge at Dublin Circuit Criminal Court described as "grossly reprehensible behaviour".