Belfast Telegraph

Saturday 30 August 2014

Ex-Anglo executive faces trial in 2016

Former Anglo Irish Bank executive William McAteer and three co-accused will stand trial in 2016 on charges of conspiring to mislead the bank's investors about the true value of its deposit books
Former Anglo Irish Bank executive William McAteer and three co-accused will stand trial in 2016 on charges of conspiring to mislead the bank's investors about the true value of its deposit books

Former Anglo Irish Bank executive William McAteer and three co-accused will stand trial in 2016 on charges of conspiring to mislead the bank's investors about the true value of its deposit books.

The four men appeared at Dublin Circuit Criminal Court yesterday where a trial date was set for January 11, 2016.

Mr McAteer (63), who has an address at Greenrath, Tipperary town, will stand trial alongside three other Anglo and Irish Life and Permanent officials.

They are John Bowe (50), from Glasnevin in Dublin, who had been head of capital markets at Anglo Irish Bank; Denis Casey (54), from Raheny, Dublin, who was chief executive of Irish Life and Permanent (IL&P) until 2009; and Peter Fitzpatrick (61), from Malahide, Dublin, who had been IL&P's former director of finance.

They have been charged with conspiring to mislead investors by transferring €7.2bn (£5.7bn) to make the bank appear more valuable between March and September 2008. Mr Bowe and Mr McAteer also face one additional charge each that they falsified accounts.

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