NewsCourts

Bail conditions varied ahead of former Anglo chief's trial

David Drumm
David Drumm

The bail conditions of former Anglo Irish Bank chief executive David Drumm have been varied ahead of his trial next year.

Mr Drumm (50) will now sign on three times a week, Monday, Wednesday and Friday, at Balbriggan Garda station. His previous bail conditions required him to sign on daily.

He is to give 24 hours’ notice if he wishes to sign on at a different station.

Mr Drumm with an address in Skerries, Co Dublin, faces two charges at Dublin Circuit Criminal Court of conspiring to defraud depositors and investors at Anglo by “dishonestly” creating the impression that deposits in 2008 were €7.2 billion larger than they were.

He faces one additional charge in relation to the EU transparency directive. He has yet to enter a plea to the charges.

Judge Karen O'Connor made the order varying bail today/yesterday (WED) after hearing that the terms had been agreed between the prosecution and defence.

Judge O'Connor previously set a trial date of January 10, 2018 in Mr Drumm's case.