The former Chief Executive and Chairman of Anglo Irish Bank has appeared in court in Dublin charged in connection with financial irregularities at the bank.
Seán FitzPatrick was charged with 16 offences under Section 60 of the Companies Act.
He is 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 10′, to enable the 16 to buy shares in the bank.
He was granted bail to appear in court again on 8 October for service of the book of evidence.
Mr FitzPatrick was arrested by arrangement at 5.37am this morning after getting off a flight at Dublin Airport.
The 64-year-old was then taken to the Bridewell Garda Station where at 8.08am he was charged with the 16 offences.
Mr FitzPatrick did not speak during a brief hearing at the Dublin District Court this morning.
Detective Sergeant Brian Mahon of the Garda Bureau of Fraud Investigation, on secondment to the Office of the Director of Corporate Enforcement, told the court that when he arrested Mr FitzPatrick he cautioned him and asked him if he understood.… Read the rest