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Former chairman Sean Fitzpatrick leaving court yesterday. Mark Stedman/Photocall Ireland
Anglo Irish Bank

Jury yet to reach a verdict in Anglo trial

Today is day 45 of the trial which has heard evidence from 54 witnesses.

THE JURY IN the trial of three former executives of Anglo Irish Bank resumed their deliberations today, however, no verdict was reached.

The seven women and five men spent six hours deliberating yesterday at the Criminal Courts of Justice in Dublin. Today they started their deliberations at 10.30am, ending at 5pm.

They are deliberating whether Seán FitzPatrick, the bank’s former CEO and chairman, Patrick Whelan, the former MD of lending in Ireland for Anglo and William McAteer, the former chief risk officer and finance director are guilty of providing unlawful financial assistance to ten customers of the bank, known as the Maple 10, in 2008.

Maple Ten

The men are charged with providing the loans to the Maple 10 to buy just over 1 per cent each of the shares.

All three deny the charges.

Today is day 45 of the trial where over 54 witnesses have given evidence.

Yesterday the jury asked for copies of the evidence given by Anglo’s former Chief Financial Officer, Matt Moran, and the bank’s former Head of Group Compliance, Fiachra O’Neill.

The jury also asked for copies of the loan documents given to Patricia Quinn.

They will continue their deliberations tomorrow morning at 10.30am.

Read’s coverage of the Anglo trial here>>>>