First prosecution over fall of Anglo Irish
Tuesday 24 July 2012
Willie McAteer, the former finance director at Anglo Irish Bank, has become the first banker in Ireland to be prosecuted in connection with the collapse of the toxic bank.
Anglo, the favoured bank of property speculators and developers, was nationalised in 2009 after a massive share price collapse. Its rescue has cost the Irish taxpayer about €30bn (£23bn).
McAteer, 61, appeared before Dublin District Court yesterday charged with 16 fraud offences in relation to a failed attempt to support Anglo's shares. He was granted bail until 8 October with conditions including a €1,000 bond of his own and a €10,000 cash surety from his wife Maria, who was also in court.
- 1 The truth about 'girl things': Three cheers for Heather Watson's honesty
- 2 Man who held up 'hire me' sign at Waterloo station returns a year later with 'I'm hiring' sign
- 5 Men behaving badly: Urinating while standing, 'manspreading' and the gendering of selfishness
Nigel Farage: NHS might have to be replaced by private health insurance
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
French court convicts three over homophobic tweets, in case hailed as a 'significant victory' by LGBT rights campaigners
British Muslim school children suffering a backlash of abuse following Paris attacks
George Galloway condemns 'racist, Islamophobic, hypocritical rag' Charlie Hebdo at freedom of speech rally
Islamic history is full of free thinkers - but recent attempts to suppress critical thought are verging on the absurd
iJobs Money & Business
Negotiable: Recruitment Genius: A Tax Assistant is required to join a leading ...
£16000 - £25000 per annum: Recruitment Genius: This is an exciting opportunity...
£45000 - £47000 per annum + bonus + benefits: Ashdown Group: Java Developer / ...
£35000 - £38000 per annum + Benefits: Ashdown Group: Marketing Manager - Marke...