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Three former Irish bank executives appear in court on conspiracy charges
Source: Reuters
Three former Irish bank executives appear in court on conspiracy charges
Reuters
The Guardian, Thursday 19 December 2013
Three former Irish bank executives, including the ex-chief executive of one of the country's largest lenders, have been charged with conspiracy to defraud in the run-up to the country's banking crisis, a court heard on Wednesday.
Former chief executive of Irish Life and Permanent, Denis Casey, the lender's former finance director Peter Fitzpatrick, and former head of treasury at Anglo Irish Bank, John Bowe, were granted bail by Dublin's district court and are due to appear again next March.
All three replied "no" when the charges were put to them by police earlier on Wednesday, the court heard. They will be able to lodge an official plea ahead of their trial.
No one has so far been jailed for any part in the country's banking crisis that began in 2008 and eventually cost taxpayers more than €60 bn (£50bn), or about two-fifths of national output.
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Reuters
The Guardian, Thursday 19 December 2013
Three former Irish bank executives, including the ex-chief executive of one of the country's largest lenders, have been charged with conspiracy to defraud in the run-up to the country's banking crisis, a court heard on Wednesday.
Former chief executive of Irish Life and Permanent, Denis Casey, the lender's former finance director Peter Fitzpatrick, and former head of treasury at Anglo Irish Bank, John Bowe, were granted bail by Dublin's district court and are due to appear again next March.
All three replied "no" when the charges were put to them by police earlier on Wednesday, the court heard. They will be able to lodge an official plea ahead of their trial.
No one has so far been jailed for any part in the country's banking crisis that began in 2008 and eventually cost taxpayers more than €60 bn (£50bn), or about two-fifths of national output.
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Read more: http://www.theguardian.com/world/2013/dec/19/three-irish-bank-executives-court-conspiracy-charges
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