THE FORMER CHAIRMAN and chief executive of Anglo Irish Bank, Seán FitzPatrick, has been arrested this morning.
FitzPatrick was arrested by appointment at his home in Wicklow, and questioned at Bridewell Garda Station, in connection with alleged financial wrongdoings at the bank.
He has been charged under Section 197 of the Companies Act 1990, which relates to making “misleading, false or deceptive” statements to corporate auditors.
Gardaí said the arrest was “part of the on-going joint investigation into the affairs of Anglo Irish Bank being conducted by the Office of the Director of Corporate Enforcement and the Garda Bureau of Fraud Investigation”.
The arrest was carried out by Gardaí on secondment to the Office of the Director of Corporate Enforcement.
He will appear before Dublin District Court, close to the Bridewell station, at 10:30am in connection with the charges.
The 64-year-old, and two other former executives at the bank, are separately facing trials for 16 counts of providing unlawful financial assistance to six members of the Quinn family and ten others in order to buy shares in the bank.