Fitzpatrick facing 12 charges

Sean Fitzpatrick, Former chairman and chief executive of Anglo Irish Bank, is facing 12 individual charges relating for alleged wrongdoing at the bank that nearly broke Ireland. The charges include the acquisition of  making false, misleading or deceptive statements in relation to millions of euro to the company’s auditors, Ernst and Young, over a six-year period.

Judge Patricia McNamara noted this was not a legal aid case.

She remanded Mr FitzPatrick on continuing bail to appear before Dublin Circuit Criminal Court in three weeks’ time.

It is alleged that Mr FitzPatrick did not inform the auditors about loans to himself and others that he had authorised, or about an arrangement between Anglo and Irish Nationwide Building Society whereby Irish Nationwide loaned him money.

Detective Inspector Ray Kavanagh of the Garda Bureau of Fraud Investigation told Dublin District Court this morning that he was serving one of the 12 volumes of the book of evidence on Mr FitzPatrick and handed it to him.

He said the remaining 11 volumes would be handed to Mr FitzPatrick’s solicitor.