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Former chief executive officer of Anglo Irish Bank David Drumm due back in Dublin

NewsBy Neil Fetherston
Former chief executive officer of Anglo Irish Bank David Drumm due back in Dublin

The former chief executive officer of Anglo Irish Bank David Drumm arrives in Dublin tomorrow morning to face charges related to the bank

He is due to appear in the Criminal Courts of Justice to face 33 charges.

He will fly back to Dublin from Boston after he waived his right to challenge his extradition from the United States last month.

Mr Drumm has been in custody since he was arrested at his Massachusetts home on 10 October after Irish officials asked that he be extradited to face a 33-count criminal indictment related to the collapse of the failed bank.

Anglo Irish Bank was nationalised in early 2009 in a takeover that cost Ireland around €30bn.

Mr Drumm faces charges here related to fraudulent loans the bank made in 2008 intended to help prop up its share prices, which was falling sharply during the global crisis, according to papers unsealed in Boston in October.

The charges include forgery, conspiracy and false accounting. Mr Drumm, who moved to Boston after the bank was nationalised seven years ago, has denied any wrongdoing.