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Dublin: 7 °C Thursday 23 May, 2013

Former Anglo chief Seán FitzPatrick arrested in Garda banking probe

Former Anglo Irish Bank chief executive Seán Fitzpatrick is arrested as part of an ongoing probe into alleged financial irreguarities.

Updated 4.25pm

GARDAÍ IN WICKLOW have this morning arrested the former chief executive and chairman of Anglo Irish Bank, Seán FitzPatrick.

FitzPatrick, 63, was arrested at around 8am this morning, is being detained at Bray Garda Station under section 4 of the Criminal Justice Act 1984.

The arrest is part of the ongoing investigations being carried out by the Garda Bureau of Fraud Investigation, and the Office of the Director of Corporate Enforcement, into alleged irregularities at Irish financial institutions.

Another man, aged in his 40s, was arrested as part of similar investigations yesterday, and was taken to Irishtown Garda Station for questioning.

He is to appear before the Criminal Courts of Justice this afternoon, charged in connection with allegations of deception and theft.

It is understood that that arrest is part of a different line of inquiry, however.

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