GARDAÍ ARE PUTTING the finishing touches to a major file on their investigation of the affairs of Anglo Irish Bank for the Director of Public Prosecutions, it is reported.

The Sunday Tribune reports that the major document – including a 200-page summary – has is almost complete and that it, and another tranche of 39 related documents, will be submitted to the DPP in the coming weeks.

The report says Gardaí are confident that the documents will lead to charges being brought against some individuals named in the files, with a source saying that the detectives were in regular meetings with staff from the DPP’s office to brief them on their progress.

The reports come just a few days after the second anniversary of the announcement that Anglo would be brought under state control, and will placate many – including some in government circles – who had grown frustrated at the pace of the Garda investigations.

The Commercial Court was told last month that the first files would be sent to the DPP before the end of the year.

In a separate move, Dermot Ahern is expected to bring new legislation to the cabinet this week which would give Gardaí the power to break up detention periods for people arrested and taken in for questioning.

Such legislation would, it is believed, allow Gardaí to question subjects for a few hours at a time, and therefore be more flexible to arrange further questioning in the light of new developments.

Read more at the Sunday Tribune >