Donegal accountant in Anglo High Court case

Donegal accountant in Anglo High Court case
Willie McAteer of Rathmullan is one the three Anglo Irish Bank chiefs being tried in the High Court.

Willie McAteer of Rathmullan is one the three Anglo Irish Bank chiefs being tried in the High Court.

The case, which is expected to be the longest in the history of the Irish State, opened on Tuesday.

The three defendants were all senior figures at the bank which collapsed in 2008. They are: former chairman Seán FitzPatrick of Greystones in Wicklow; former chief financial officer Pat Whelan of Malahide; and former head of compliance Willie McAteer, who has lived in Rathgar for many years.

All three face sixteen charges of providing unlawful financial assistance to individuals in July 2008 to buy shares in the bank, in contravention of Section 60 of the Companies Act.

They are all pleading not guilty.

Further charges may be brought, the court heard, arising from the ongoing investigation by the Office of the Director of Corporate Enforcement.

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