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Sean Fitzpatrick to stand trial charged with failing to disclose loans

Sean Fitzpatrick
Sean Fitzpatrick

Former Anglo Irish Bank chairman Sean Fitzpatrick will go on trial on April 13 on charges of failing to disclose loans from another bank.

Mr FitzPatrick (66) of Whitshed Road, Greystones, Co. Wicklow is charged under Section 197 of the Companies Act 1990.

He was charged in the District Court with 12 counts of failing to disclose to auditors Ernst & Young the true value of loans worth at least €139 million given to him or people connected to him, by Irish Nationwide Building Society from 2002 to 2007 while he was an officer of Anglo Irish Bank.

Today Judge Mary Ellen Ring heard that preparations are still ongoing. She put the case in for April 13 in the hope that any outstanding issues can be dealt with over the Easter break which starts on Monday and lasts for two weeks.

The judge told counsel that the court will be available to hear any issues that arise during the vacation and remanded Mr FitzPatrick on continuing bail. Mr FitzPatrick was in court for the short hearing. The trial is expected to last around eight weeks.