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In pictures: The 8 men Drumm thinks should be involved in a banking inquiry

The former CEO of Anglo Irish Bank believes the Anglo tapes were “edited” to make it look like he and others mislead the Central Bank.

Former CEO of defunct Anglo Irish Bank, David Drumm.
Former CEO of defunct Anglo Irish Bank, David Drumm.
Image: James Horan/Photocall Ireland

THE FORMER CEO of the now defunct Anglo Irish Bank has told that he’s not the only one who has questions to answer over the bank guarantee.

He has named eight others who he believes should also be part of the inquiry into what happened on the night of the €400 billion guarantee of bank debt.

Drumm told

Patrick Neary, the Financial Regulator, John Hurley, the Central Bank Governor, and Kevin Cardiff, the Secretary General in the Department of Finance, former Taoiseach Brian Cowen TD, former AIB Chief Executive, Eugene Sheehy and AIB Chairman Dermot Gleeson, former Bank of Ireland Chief Executive Brian Goggins and Chairman Richard Burrows, and the representatives from Merrill Lynch who advised the Government and who are in a unique position to shed light on what exactly that advice was…

The former bank boss also believes that the public have the right to have a number of questions answered such as, who supported a guarantee and who was against it and why? He also said the public should know what alternatives were ruled out and what advice was received from Merrill Lynch?

He asks, “On what basis was it decided that a €400 billion risk was a better outturn for Ireland than simply funding the banks?” he asks.

Speaking about the leaked tapes to The Irish Independent, on which he features, Drumm says that they were selected by someone with an “agenda” and also “edited” by the paper to make it look like the former bank mislead the government and the Central Bank.

Here are the pictures of the eight men Drumm lists:

In pictures: The 8 men Drumm thinks should be involved in a banking inquiry
1 / 8
  • Anglo Tapes

    The former Bank of Ireland, director Richard Burrows. Photo: Eamonn Farrell/Photocall Ireland
  • Anglo Tapes

    Former Taoiseach Brian Cowen. Photo: Laura Hutton/Photocall Ireland
  • Anglo Tapes

    Former AIB chief executive, Eugene Sheehy. Photo: Sasko Lazarov/Photocall Ireland
  • Anglo Tapes

    AIB Cairman, Dermot Gleeson. Photo: Sasko Lazarov/Photocall Ireland
  • Anglo Tapes

    Brian J Goggin, former Bank of Ireland Group Chief Executive. Picture: James Horan/Photocall Ireland
  • Anglo Tapes

    Former financial regulator, Patrick Neary. Photo: Sasko Lazarov/Photocall Ireland.
  • Anglo Tapes

    Former governor of the Central Bank, John Hurley. (Picture: Leon Farrell/Photocall Ireland)
  • Anglo Tapes

    Kevin Cardiff, secretary financial services Dublin. (Picture: James Horan/Photocall Ireland)

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