Former Anglo Irish Bank chief executive Davied Drumm (49) is facing 33 charges relating to transactions carried out ahead of the collapse of the ill-fated bank.
After abandoning his legal challenge against extradition from the United States, the ex-banker returned home to Dublin to contest the charges relating to transactions carried out while he ran Anglo as the lender edged towards collapse during the 2008 financial crisis. He has denied any wrongdoing.
During a Dublin District Court hearing which began shortly before 11am, counsel for Mr Drumm made an application for bail. The following are those charges in detail.
1. That you the said accused did on divers days between the 1 March, 2008,
and September 30th, 2008, both dates inclusive in the Dublin Metropolitan
District conspire with Denis Casey, Peter Fitzpatrick, John Bowe and
others to defraud by engaging in transactions between Anglo Irish Bank
Corporation plc, Irish Life & Permanent plc and Irish Life Assurance
for the purpose of (a) dishonestly creating the false and misleading
impression that deposits from a non-Bank entity to Anglo Irish Bank
Corporation plc during the year ending September 2008 were
approximately €7.2 billion larger in amount than they really were and
(b) thereby inducing existing and prospective depositors with, and
investors in, the said Anglo Irish Bank Corporation plc to make
decisions concerning their financial interests on the assumption that
the said bank received larger deposits from a non-bank entity during
the year ended 30 September 2008 than it really did. Contrary to
common law
2. That you the said accused did on the 3rd December 2008 in the Dublin
Metropolitan District dishonestly and with the intention of making a
gain for yourself or another or causing a loss to existing and
prospective investors in and depositors with Anglo Irish Bank
Corporation plc furnish to the market information about the
performance of Anglo Irish Bank Corporation plc during the year ending
September 2008 by making use of an account which to your knowledge was
misleading, false or deceptive in a material particular insofar as it
gave the impression that non-bank deposits into Anglo Irish Bank
Corporation plc were greater by an amount of €7.2 billion
approximately than they really were during that period.
3. Contrary to section 10 of the Criminal Justice (Theft and Fraud
Offences) Act 2001
You David Drumm on or about 7 May 2008, within the Dublin Metropolitan
District, being a director of Anglo Irish Bank Corporation plc, a
company to which regulations 6, 7 and 8 of the transparency (directive
2004/109/ec) regulations 2007 applied, which said company committed an
offence under the said regulations namely, disclosing information in
an interim management report on 7 may 2008 in purported compliance
with regulations 6, 7 and 8 of the said regulations which said
information was false or misleading in a material respect in that the
said interim management report stated that it included a fair review
of important events that had occured during the six months ending 31
March 2008 and a description of the principle risks and uncertainties
for the remaining six months of the financial year but failed to
disclose the substantial exposure of Anglo Irish Bank Corporation plc
to a large contract for difference postiion which had being built up
by Sean Quinn and/or the steps which the company had taken and/or
planned to take to address same, and which said information the
company knew was false or misleading, and the said offence was
committed with your consent, connivance and approval and/or was
attributable to your willful neglect. Contrary to Regulations 76 (2) &
(4) of the Transparency (Directive 2004/109/EC) Regulations 2007 as
applied by Section 21 of the Investments Funds, Companies And
Miscellaneous Provisions Act, 2006
4. That you David Drumm within the Dublin Metropolitan District between
the 1st day of October 2008 and the 31st day of October 2008 both
dates inclusive, made a false instrument within the meaning of Section
30(1)(g) of the Criminal Justice (Theft and Fraud) Offences Act 2001,
namely a purported Facility Letter addressed to Patrick Kearney
created in October but dated 17 July 2008, with the intention that it
should be used to induce Anglo Irish Bank Corporation plc to accept
it as genuine and to believe that a loan authorised in July 2008 had
being given to Patrick Kearney on terms more favourable to Patrick
Kearney and less favourable to Anglo Irish Bank Corporation plc than
the terms on which the loan had actually been given and on that
account to its prejudice to do some act or make some omission.
5. That you David Drumm within the Dublin Metropolitan District between
the 1st day of October 2008 and the 31st day of October 2008 both
dates inclusive, made a false instrument within the meaning of Section
30(1)(g) of the Criminal Justice (Theft and Fraud) Offences Act 2001,
namely a purported Facility Letter addressed to Joseph O’Reilly
created in October but dated 17 July 2008, with the intention that it
should be used to induce Anglo Irish Bank Corporation plc to accept
it as genuine and to believe that a loan authorised in July 2008 had
been given to Joseph O’Reilly on terms more favourable to Joseph
O’Reilly and less favourable to Anglo Irish Bank Corporation plc than
the terms on which the loan had actually been given and on that
account to its prejudice to do some act or make some omission.
6. That you David Drumm within the Dublin Metropolitan District between
the 1st day of October 2008 and the 31st day of October 2008 both
dates inclusive, made a false instrument within the meaning of Section
30(1)(g) of the Criminal Justice (Theft and Fraud) Offences Act 2001,
namely a purported Facility Letter addressed to Seamus Ross created in
October but dated 17 July 2008, with the intention that it should be
used to induce Anglo Irish Bank Corporation plc. to accept it as
genuine and to believe that a loan authorised in July 2008 had been
given to Seamus Ross on terms more favourable to Seamus Ross and less
favourable to Anglo Irish Bank Corporation plc than the terms on
which the loan had actually been given and on that account to its
prejudice to do some act or make some omission.
7. That you David Drumm within the Dublin Metropolitan District between
the 1st day of October 2008 and the 31st day of October 2008 both
dates inclusive, made a false instrument within the meaning of Section
30(1)(g) of the Criminal Justice (Theft and Fraud) Offences Act 2001,
namely a purported Facility Letter addressed to Sean Reilly created in
October but dated 17 July 2008, with the intention that it should be
used to induce Anglo Irish Bank Corporation plc to accept it as
genuine and to believe that a loan authorised in July 2008 had been
given to Sean Reilly on terms more favourable to Sean Reilly and less
favourable to Anglo Irish Bank Corporation plc than the terms on
which the loan had actually been given and on that account to its
prejudice to do some act or make some omission.
Contrary to Section 25 of the Criminal Justice (Theft and Fraud)
Offences Act, 2001.
8. That you David Drumm within the Dublin Metropolitan District between
the 1st day of October 2008 and the 31st day of October 2008 both
dates inclusive, made a false instrument within the meaning of Section
30(1)(g) of the Criminal Justice (Theft and Fraud) Offences Act 2001,
namely a purported Facility Letter addressed to Gerard Maguire created
in October but dated 17 July 2008, with the intention that it should
be used to induce Anglo Irish Bank Corporation plc to accept it as
genuine and to believe that a loan authorised in July 2008 had been
given to Gerard Maguire on terms more favourable to Gerard Maguire and
less favourable to Anglo Irish Bank Corporation plc. than the terms on
which the loan had actually been given and on that account to its
prejudice to do some act or make some omission.
9. That you David Drumm within the Dublin Metropolitan District between
the 1st day of October 2008 and the 31st day of October 2008 both
dates inclusive, made a false instrument within the meaning of Section
30(1)(g) of the Criminal Justice (Theft and Fraud) Offences Act 2001,
namely a purported Facility Letter addressed to Patrick McKillen
created in October but dated 17 July 2008, with the intention that it
should be used to induce Anglo Irish Bank Corporation plc to accept
it as genuine and to believe that a loan authorised in July 2008 had
been given to Patrick McKillen on terms more favourable to Patrick
McKillen and less favourable to Anglo Irish Bank Corporation plc than
the terms on which the loan had actually been given and on that
account to its prejudice to do some act or make some omission.
Contrary to Section 25 of the Criminal Justice (Theft and Fraud)
Offences Act, 2001.
10. That you David Drumm within the Dublin Metropolitan District between
the 1st day of October 2008 and the 31st day of October 2008 both
dates inclusive, made a false instrument within the meaning of Section
30(1)(g) of the Criminal Justice (Theft and Fraud) Offences Act 2001,
namely a purported Facility Letter addressed to Brian O’Farrell
created in October but dated 17 July 2008, with the intention that it
should be used to induce Anglo Irish Bank Corporation plc to accept
it as genuine and to believe that a loan authorised in July 2008 had
been given to Brian O’Farrell on terms more favourable to Brian
O’Farrell and less favourable to Anglo Irish Bank Corporation plc
than the terms on which the loan had actually been given and on that
account to its prejudice to do some act or make some omission.
Contrary to Section 25 of the Criminal Justice (Theft and Fraud)
Offences Act, 2001.
11. That you David Drumm within the Dublin Metropolitan District between
the 1st day of October 2008 and the 31st day of October 2008 both
dates inclusive, being an officer of Anglo Irish Bank Coporation plc,
was privy to the falsification of a document affecting or relating to
the property or affairs of Anglo Irish Bank Corporation plc, namely a
purported Facility Letter addressed to Seamus Ross in connection with
the purchase of shares in Anglo Irish Bank Corporation plc in July
2008, the falsification consisting of the insertion into the Facility
Letter created in October 2008 of a date of 17 July 2008, and the
variation of the terms and conditions in such a manner so as to be
more favourable to Seamus Ross and less favourable to Anglo Irish Bank
Corporation plc than the terms and conditions on which the loan had
actually been given.
Contrary to Section 243 (1) of the Companies Act, 1990 and Section 240
(1)(b) of the Companies Act, 1990 as amended by Section 104 (b) of the
Company Law enforcement Act 2001.
12. That you David Drumm within the Dublin Metropolitan District between
the 1st day of October 2008 and the 31st day of October 2008 both
dates inclusive, being an officer of Anglo Irish Bank Corporation
plc, was privy to the falsification of a document affecting or
relating to the property or affairs of Anglo Irish Bank Corporation
plc, namely a purported Facility Letter addressed to Joseph O’ Reilly
in connection with the purchase of shares in Anglo Irish Bank
Corporation plc. in July 2008, the falsification consisting of the
insertion into the Facility Letter created in October 2008 of a date
of 17 July 2008, and the variation of the terms and conditions in such
a manner so as to be more favourable to Joseph O’Reilly and less
favourable to Anglo Irish Bank Corporation plc. than the terms and
conditions on which the loan had actually been given.
Contrary to Section 243 (1) of the Companies Act, 1990 and Section 240
(1)(b) of the Companies Act, 1990 as amended by Section 104 (b) of the
Company Law enforcement Act 2001.
13. That you David Drumm within the Dublin Metropolitan District between
the 1st day of October 2008 and the 31st day of October 2008 both
dates inclusive, being an officer of Anglo Irish Bank Corporation
plc, was privy to the falsification of a document affecting or
relating to the property or affairs of Anglo Irish Bank Corporation
plc., namely a purported Facility Letter addressed to Patrick Kearney
in connection with the purchase of shares in Anglo Irish Bank
Corporation plc in July 2008, the falsification consisting of the
insertion into the Facility Letter created in October 2008 of a date
of 17 July 2008, and the variation of the terms and conditions in such
a manner so as to be more favourable to Patrick Kearney and less
favourable to Anglo Irish Bank Corporation plc than the terms and
conditions on which the loan had actually been given.
Contrary to Section 243 (1) of the Companies Act, 1990 and Section 240
(1)(b) of the Companies Act, 1990 as amended by Section 104 (b) of the
Company Law enforcement Act 2001.
14. That you David Drumm within the Dublin Metropolitan District between
the 1st day of October 2008 and the 31st day of October 2008 both
dates inclusive, being an officer of Anglo Irish Bank Corporation
plc., was privy to the falsification of a document affecting or
relating to the property or affairs of Anglo Irish Bank Corporation
plc, namely a purported Facility Letter addressed to Brian O’Farrell
in connection with the purchase of shares in Anglo Irish Bank
Corporation plc in July 2008, the falsification consisting of the
insertion into the Facility Letter created in October 2008 of a date
of 17 July 2008, and the variation of the terms and conditions in such
a manner so as to be more favourable to Brian O’Farrell and less
favourable to Anglo Irish Bank Corporation plc than the terms and
conditions on which the loan had actually been given.
Contrary to Section 243 (1) of the Companies Act, 1990 and Section 240
(1)(b) of the Companies Act, 1990 as amended by Section 104 (b) of the
Company Law enforcement Act 2001.
15. That you David Drumm within the Dublin Metropolitan District between
the 1st day of October 2008 and the 31st day of October 2008 both
dates inclusive, being an officer of Anglo Irish Bank Corporation
plc, was privy to the falsification of a document affecting or
relating to the property or affairs of Anglo Irish Bank Corporation
plc, namely a purported Facility Letter addressed to Gerard Maguire
in connection with the purchase of shares in Anglo Irish Bank
Corporation plc in July 2008, the falsification consisting of the
insertion into the Facility Letter created in October 2008 of a date
of 17 July 2008, and the variation of the terms and conditions in such
a manner so as to be more favourable to Gerard Maguire and less
favourable to Anglo Irish Bank Corporation plc than the terms and
conditions on which the loan had actually been given.
Contrary to Section 243 (1) of the Companies Act, 1990 and Section 240
(1)(b) of the Companies Act, 1990 as amended by Section 104 (b) of the
Company Law enforcement Act 2001.
16. That you David Drumm within the Dublin Metropolitan District between
the 1st day of October 2008 and the 31st day of October 2008 both
dates inclusive, being an officer of Anglo Irish Bank Corporation
plc, was privy to the falsification of a document affecting or
relating to the property or affairs of Anglo Irish Bank Corporation
plc, namely a purported Facility Letter addressed to Sean Reilly in
connection with the purchase of shares in Anglo Irish Bank Corporation
plc in July 2008, the falsification consisting of the insertion into
the Facility Letter created in October 2008 of a date of 17 July 2008,
and the variation of the terms and conditions in such a manner so as
to be more favourable to Sean Reilly and less favourable to Anglo
Irish Bank Corporation plc than the terms and conditions on which the
loan had actually been given.
Contrary to Section 243 (1) of the Companies Act, 1990 and Section 240
(1)(b) of the Companies Act, 1990 as amended by Section 104 (b) of the
Company Law enforcement Act 2001.
17. That you David Drumm within the Dublin Metropolitan District between
the 1st day of October 2008 and the 31st day of October 2008 both
dates inclusive, being an officer of Anglo Irish Bank Corporation
plc, was privy to the falsification of a document affecting or
relating to the property or affairs of Anglo Irish Bank Corporation
plc, namely a purported Facility Letter addressed to Patrick McKillen
in connection with the purchase of shares in Anglo Irish Bank
Corporation plc in July 2008, the falsification consisting of the
insertion into the Facility Letter created in October 2008 of a date
of 17 July 2008, and the variation of the terms and conditions in such
a manner so as to be more favourable to Patrick McKillen and less
favourable to Anglo Irish Bank Corporation plc. than the terms and
conditions on which the loan had actually been given.
Contrary to Section 243 (1) of the Companies Act, 1990 and Section 240
(1)(b) of the Companies Act, 1990 as amended by Section 104 (b) of the
Company Law enforcement Act 2001.
18. That you David Drumm, being an officer of Anglo Irish Bank Corporation
plc, within Dublin Metropolitan District between the 10th and 30th
July 2008, both dates inclusive, authorised or, in breach of your duty
as such officer, permitted, Anglo Irish Bank Corporation plc to give
unlawful financial assistance to Patricia Quinn for the purpose of or
in connection with the purchase to be made by the said Patricia Quinn
of shares in Anglo Irish Bank Corporation plc, and was thereby an
officer in default within the meaning of Section 60 (15) of the
Companies Act 1963 (as amended) and section 383 of the Companies Act
1963, as substituted by section 100 of the Company Law Enforcement Act
2001.
Contrary to Section 60 (1) and section 60 (15) of the Companies Act
1963 as amended by Section 15 of the Companies (Amendment) Act 1982
and section 240 (8) of the Companies Act 1990, as inserted by section
104 of the Company Law Enforcement Act 2001.
19. That you David Drumm, being an officer of Anglo Irish Bank Corporation
plc, within Dublin Metropolitan District and between the 10th and
17th July 2008, both dates inclusive, authorised or, in breach of your
duty as such officer, permitted, Anglo Irish Bank Corporation plc to
give unlawful financial assistance to Sean Quinn Jnr for the purpose
of or in connection with the purchase to be made by the said Sean
Quinn Jnr of shares in Anglo Irish Bank Corporation plc, and was
thereby an officer in default within the meaning of Section 60 (15) of
the Companies Act 1963 (as amended) and section 383 of the Companies
Act 1963, as substituted by section 100 of the Company Law Enforcement
Act 2001.
Contrary to Section 60 (1) and section 60 (15) of the Companies Act
1963 as amended by Section 15 of the Companies (Amendment) Act 1982
and section 240 (8) of the Companies Act 1990, as inserted by section
104 of the Company Law Enforcement Act 2001.
20. That you David Drumm, being an officer of Anglo Irish Bank Corporation
plc., within Dublin Metropolitan District between the 10th and 17th
July 2008, both dates inclusive, authorised or, in breach of your duty
as such officer, permitted, Anglo Irish Bank Corporation plc to give
unlawful financial assistance to Colette Marie Quinn for the purpose
of or in connection with the purchase to be made by the said Colette
Marie Quinn of shares in Anglo Irish Bank Corporation plc, and was
thereby an officer in default within the meaning of Section 60 (15) of
the Companies Act 1963 (as amended) and section 383 of the Companies
Act 1963, as substituted by section 100 of the Company Law Enforcement
Act 2001.
Contrary to Section 60 (1) and section 60 (15) of the Companies Act
1963 as amended by Section 15 of the Companies (Amendment) Act 1982
and section 240 (8) of the Companies Act 1990, as inserted by section
104 of the Company Law Enforcement Act 2001.
21. That you David Drumm, being an officer of Anglo Irish Bank Corporation
plc, within Dublin Metropolitan District between the 10th and 17th
July 2008, both dates inclusive, authorised or, in breach of your duty
as such officer, permitted, Anglo Irish Bank Corporation plc. to give
unlawful financial assistance to Ciara Quinn for the purpose of or in
connection with the purchase to be made by the said Ciara Quinn of
shares in Anglo Irish Bank Corporation plc, and was thereby an
officer in default within the meaning of Section 60 (15) of the
Companies Act 1963 (as amended) and section 383 of the Companies Act
1963, as substituted by section 100 of the Company Law Enforcement Act
2001.
Contrary to Section 60 (1) and Section 60 (15) of the Companies Act
1963 as amended by Section 15 of the Companies (Amendment) Act 1982
and section 240 (8) of the Companies Act 1990, as inserted by section
104 of the Company Law Enforcement Act 2001.
22. That you David Drumm, being an officer of Anglo Irish Bank Corporation
plc, within Dublin Metropolitan District between the 10th and 17th
July 2008, both dates inclusive, authorised or, in breach of your duty
as such officer, permitted, Anglo Irish Bank Corporation plc to give
unlawful financial assistance to Brenda Quinn for the purpose of or in
connection with the purchase to be made by the said Brenda Quinn of
shares in Anglo Irish Bank Corporation plc, and was thereby an
officer in default within the meaning of Section 60 (15) of the
Companies Act 1963 (as amended) and Section 383 of the Companies Act
1963, as substituted by section 100 of the Company Law Enforcement Act
2001.
Contrary to Section 60 (1) and Section 60 (15) of the Companies Act
1963 as amended by Section 15 of the Companies (Amendment) Act 1982
and section 240 (8) of the Companies Act 1990, as inserted by section
104 of the Company Law Enforcement Act 2001.
23. That you David Drumm, being an officer of Anglo Irish Bank Corporation
plc, within Dublin Metropolitan District between the 10th and 17th
July 2008, both dates inclusive, authorised or, in breach of your duty
as such officer, permitted, Anglo Irish Bank Corporation plc to give
unlawful financial assistance to Aoife Quinn for the purpose of or in
connection with the purchase to be made by the said Aoife Quinn of
shares in Anglo Irish Bank Corporation plc, and was thereby an
officer in default within the meaning of Section 60 (15) of the
Companies Act 1963 (as amended) and Section 383 of the Companies Act
1963, as substituted by section 100 of the Company Law Enforcement Act
2001.
Contrary to Section 60 (1) and section 60 (15) of the Companies Act
1963 as amended by Section 15 of the Companies (Amendment) Act 1982
and section 240 (8) of the Companies Act 1990, as inserted by section
104 of the Company Law Enforcement Act 2001.
24. That you David Drumm, being an officer of Anglo Irish Bank Corporation
plc, within Dublin Metropolitan District between the 10th and 17th
July 2008, both dates inclusive, authorised or, in breach of your duty
as such officer, permitted, Anglo Irish Bank Corporation plc to give
unlawful financial assistance to Brian O’Farrell for the purpose of or
in connection with the purchase to be made by the said Brian O’Farrell
of shares in Anglo Irish Bank Corporation plc, and was thereby an
officer in default within the meaning of Section 60 (15) of the
Companies Act 1963 (as amended) and Section 383 of the Companies Act
1963, as substituted by section 100 of the Company Law Enforcement Act
2001.
Contrary to Section 60 (1) and section 60 (15) of the Companies Act
1963 as amended by Section 15 of the Companies (Amendment) Act 1982
and section 240 (8) of the Companies Act 1990, as inserted by section
104 of the Company Law Enforcement Act 2001.
25. That you David Drumm, being an officer of Anglo Irish Bank Corporation
plc, within Dublin Metropolitan District between the 10th and 17th
July 2008, both dates inclusive, authorised or, in breach of your duty
as such officer, permitted, Anglo Irish Bank Corporation plc to give
unlawful financial assistance to Sean Reilly for the purpose of or in
connection with the purchase to be made by the said Sean Reilly of
shares in Anglo Irish Bank Corporation plc, and was thereby an
officer in default within the meaning of Section 60 (15) of the
Companies Act 1963 (as amended) and Section 383 of the Companies Act
1963, as substituted by section 100 of the Company Law Enforcement Act
2001.
Contrary to Section 60 (1) and section 60 (15) of the Companies Act
1963 as amended by Section 15 of the Companies (Amendment) Act 1982
and Section 240 (8) of the Companies Act 1990, as inserted by Section
104 of the Company Law Enforcement Act 2001.
26. That you David Drumm, being an officer of Anglo Irish Bank Corporation
plc, within Dublin Metropolitan District between the 10th and 17th
July 2008, both dates inclusive, authorised or, in breach of your duty
as such officer, permitted, Anglo Irish Bank Corporation plc to give
unlawful financial assistance to Seamus Ross for the purpose of or in
connection with the purchase to be made by the said Seamus Ross of
shares in Anglo Irish Bank Corporation plc, and was thereby an
officer in default within the meaning of Section 60 (15) of the
Companies Act 1963 (as amended) and Section 383 of the Companies Act
1963, as substituted by section 100 of the Company Law Enforcement Act
2001.
Contrary to Section 60 (1) and Section 60 (15) of the Companies Act
1963 as amended by Section 15 of the Companies (Amendment) Act 1982
and Section 240 (8) of the Companies Act 1990, as inserted by section
104 of the Company Law Enforcement Act 2001.
27. That you David Drumm, being an officer of Anglo Irish Bank Corporation
plc, within Dublin Metropolitan District between the 10th and 17th
July 2008, both dates inclusive, authorised or, in breach of your duty
as such officer, permitted, Anglo Irish Bank Corporation plc to give
unlawful financial assistance to Patrick McKillen for the purpose of
or in connection with the purchase to be made by the said Patrick
McKillen of shares in Anglo Irish Bank Corporation plc, and was
thereby an officer in default within the meaning of Section 60 (15) of
the Companies Act 1963 (as amended) and Section 383 of the Companies
Act 1963, as substituted by section 100 of the Company Law Enforcement
Act 2001.
Contrary to Section 60 (1) and section 60 (15) of the Companies Act
1963 as amended by Section 15 of the Companies (Amendment) Act 1982
and Section 240 (8) of the Companies Act 1990, as inserted by section
104 of the Company Law Enforcement Act 2001.
28. That you David Drumm, being an officer of Anglo Irish Bank Corporation
plc, within Dublin Metropolitan District between the 10th and 17th
July 2008, both dates inclusive, authorised or, in breach of your duty
as such officer, permitted, Anglo Irish Bank Corporation plc to give
unlawful financial assistance to Patrick Kearney for the purpose of or
in connection with the purchase to be made by the said Patrick Kearney
of shares in Anglo Irish Bank Corporation plc, and was thereby an
officer in default within the meaning of Section 60 (15) of the
Companies Act 1963 (as amended) and Section 383 of the Companies Act
1963, as substituted by section 100 of the Company Law Enforcement Act
2001.
Contrary to Section 60 (1) and section 60 (15) of the Companies Act
1963 as amended by Section 15 of the Companies (Amendment) Act 1982
and Section 240 (8) of the Companies Act 1990, as inserted by Section
104 of the Company Law Enforcement Act 2001.
29. That you David Drumm, being an officer of Anglo Irish Bank Corporation
plc, within Dublin Metropolitan District between the 10th and 17th
July 2008, both dates inclusive, authorised or, in breach of your duty
as such officer, permitted, Anglo Irish Bank Corporation plc to give
unlawful financial assistance to Joseph O’Reilly for the purpose of or
in connection with the purchase to be made by the said Joseph O’Reilly
of shares in Anglo Irish Bank Corporation plc, and was thereby an
officer in default within the meaning of Section 60 (15) of the
Companies Act 1963 (as amended) and Section 383 of the Companies Act
1963, as substituted by Section 100 of the Company Law Enforcement Act
2001.
Contrary to Section 60 (1) and Section 60 (15) of the Companies Act
1963 as amended by Section 15 of the Companies (Amendment) Act 1982
and Section 240 (8) of the Companies Act 1990, as inserted by Section
104 of the Company Law Enforcement Act 2001.
30. That you David Drumm, being an officer of Anglo Irish Bank Corporation
plc, within Dublin Metropolitan District between the 10th and 17th
July 2008, both dates inclusive, authorised or, in breach of your duty
as such officer, permitted, Anglo Irish Bank Corporation plc to give
unlawful financial assistance to John McCabe for the purpose of or in
connection with the purchase to be made by the said John McCabe of
shares in Anglo Irish Bank Corporation plc, and was thereby an
officer in default within the meaning of Section 60 (15) of the
Companies Act 1963 (as amended) and Section 383 of the Companies Act
1963, as substituted by Section 100 of the Company Law Enforcement Act
2001.
Contrary to Section 60 (1) and Section 60 (15) of the Companies Act
1963 as amended by Section 15 of the Companies (Amendment) Act 1982
and Section 240 (8) of the Companies Act 1990, as inserted by Section
104 of the Company Law Enforcement Act 2001.
31. That you David Drumm, being an officer of Anglo Irish Bank Corporation
plc, within Dublin Metropolitan District between the 10th and 17th
July 2008, both dates inclusive, authorised or, in breach of your duty
as such officer, permitted, Anglo Irish Bank Corporation plc to give
unlawful financial assistance to Gerard Conlon for the purpose of or
in connection with the purchase to be made by the said Gerard Conlon
of shares in Anglo Irish Bank Corporation plc, and was thereby an
officer in default within the meaning of Section 60 (15) of the
Companies Act 1963 (as amended) and Section 383 of the Companies Act
1963, as substituted by Section 100 of the Company Law Enforcement Act
2001.
Contrary to Section 60 (1) and Section 60 (15) of the Companies Act
1963 as amended by Section 15 of the Companies (Amendment) Act 1982
and Section 240 (8) of the Companies Act 1990, as inserted by section
104 of the Company Law Enforcement Act 2001.
32. That you David Drumm, being an officer of Anglo Irish Bank Corporation
plc, within Dublin Metropolitan District between the 10th and 17th
July 2008, both dates inclusive, authorised or, in breach of your duty
as such officer, permitted, Anglo Irish Bank Corporation plc to give
unlawful financial assistance to Gerard Gannon for the purpose of or
in connection with the purchase to be made by the said Gerard Gannon
of shares in Anglo Irish Bank Corporation plc, and was thereby an
officer in default within the meaning of Section 60 (15) of the
Companies Act 1963 (as amended) and section 383 of the Companies Act
1963, as substituted by Section 100 of the Company Law Enforcement Act
2001.
Contrary to Section 60 (1) and Section 60 (15) of the Companies Act
1963 as amended by Section 15 of the Companies (Amendment) Act 1982
and Section 240 (8) of the Companies Act 1990, as inserted by Section
104 of the Company Law Enforcement Act 2001.
33. That you David Drumm, being an officer of Anglo Irish Bank Corporation
plc, within Dublin Metropolitan District between the 10th and 17th
July 2008, both dates inclusive, authorised or, in breach of your duty
as such officer, permitted, Anglo Irish Bank Corporation plc to give
unlawful financial assistance to Gerard Maguire for the purpose of or
in connection with the purchase to be made by the said Gerard Maguire
of shares in Anglo Irish Bank Corporation plc, and was thereby an
officer in default within the meaning of Section 60 (15) of the
Companies Act 1963 (as amended) and section 383 of the Companies Act
1963, as substituted by section 100 of the Company Law Enforcement Act
2001.
Contrary to Section 60 (1) and Section 60 (15) of the Companies Act
1963 as amended by Section 15 of the Companies (Amendment) Act 1982
and section 240 (8) of the Companies Act 1990, as inserted by section
104 of the Company Law Enforcement Act 2001.