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Garda chief: 'The Anglo case was a very complex, complicated investigation'

Meanwhile, a Labour TD is far from pleased as the initial reaction to the decision not to jail the Anglo executives rolls in.

THE GARDA COMMISSIONER has said that resources for the investigation of white collar crime are being reviewed as she noted that the investigation into Anglo Irish Bank has been “very complex”.

Noirín O’Sullivan was speaking at the Garda Representative Association (GRA) conference in Kerry in the wake of a judge’s ruling that two executives at the defunct bank will not face prison sentences for their roles in providing illegal loans totalling €450 million.

O’Sullivan said: ”The Anglo investigation was a very complex, complicated investigation.

She said she understood that judge Martin Nolan had recognised “the excellent professional work of members of An Garda Siochána”.

She added: “White collar crime is also something that we’re also determined to tackle and we’re also reviewing the resources that we have employed on that.”

Others involved in the case have so far not offered any reaction with neither of the convicted former bankers offering their thoughts on their way out of the Criminal Courts of Justice today:

Meanwhile, in the first political reaction to the verdict, the Labour TD Aodhán Ó Ríordáin tweeted:

anglo tweet Aodhán Ó Ríordáin Aodhán Ó Ríordáin

- additional reporting from Michelle Hennessy 

Read: No jail time for convicted Anglo pair, judge says prison sentences would be ‘incredibly unjust’

Read: The Anglo verdicts are in…but what next for the banking inquiry, David Drumm and Seán Fitz?

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