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Dublin: 10 °C Thursday 23 May, 2013

GALLERY: Anglo executives arrested and charged

Willie McAteer and Pat Whelan were arrested and charged yesterday and, this morning, former chairman Seán Fitzpatrick was detained at Dublin Airport by Gardaí.

In happier times, reporting Anglo results in 1999 are Seán Fitzpatrick and Willie McAteer
In happier times, reporting Anglo results in 1999 are Seán Fitzpatrick and Willie McAteer
Image: Photocall Ireland!

GARDAÍ HAVE THIS morning arrested former chairman and chief executive of Anglo Irish Bank, Seán Fitzpatrick, as part of an ongoing investigation into alleged financial irregularities at the now defunct bank.

According to RTÉ, the 64-year-old was detained at Dublin Airport and taken to Bridewell Garda Station. It is his third time being arrested as part of the inquiry.

The arrest follows yesterday’s court appearances of two other former senior Anglo executives. Ex-Finance Director Willie McAteer and former head of Irish operations Pat Whelan were both charged in connection with alleged financial irregularities at their old firm.

The men appeared before the Courts of Criminal Justice in Dublin, charged with more than 30 different offences under sections 60 and 383 of the Companies Act.

Photographers Niall Carson and Laura Hutton were on hand to capture images of the businessmen, while TheJournal.ie had a look through the archives for images of the men in happier times. One shot shows McAteer with one-time CEO David Drumm announcing the interim results for March 2008, just months before the collapse of the bank. They reported €667 million profit, a “strong capital position”, a prudent and highly vigilant approach and just 0.52 per cent loan impairments. Read more here.

GALLERY: Anglo executives arrested and charged
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  • Media attention

    McAteer and Whelan were the first people to be charged following a four-year-long investigation by the Garda Bureau of Fraud Investigation and the Office of the Director of Corporate Enforcement. Photo: Laura Hutton/Photocall Ireland
  • Whelan's deals

    Former Head of Operations in Ireland of Anglo, Pat Whelan was allowed retain his passport as he commutes to London for work. He has to, however, sign into his local Garda station each Sunday. Photo: Laura Hutton/Photocall Ireland
  • Standing by her man

    McAteer's wife Maria was accepted by the court as an independent surety of €10,000. Image: Niall Carson/PA
  • Arrested and Charged

    Willie McAteer, 52, returned to his home in Rathgar, Dublin after being charged with 16 fraud offences. (Image: Niall carson/PA Wire)
  • Yesterday

    McAteer leaves the Dublin District Court sitting in the CCJ yesterday afternoon after posting bail. Photo: Laura Hutton/Photocall Ireland
  • Happier Times

    Pictured at the announcement of Anglo Irish Bank's preliminary results for the year ending 30 September 1999, were group Chief Executive Sean Fitzpatrick and William McAteer, Finance Director. (Image: 23 November 1999; Photocall Ireland)
  • The last hurrah

    Finance Director Willie McAteer and chief executive David Drumm releasing interim results for the six month period to 31 March 2008. Photo: Sasko Lazarov/Photocall Ireland

Latest: Seán FitzPatrick arrested during Anglo investigation>

More: High Court to hear update on Anglo collapse investigation>

Related: The investigation of Seán FitzPatrick: a timeline of the story so far>

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