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Willie McAteer after his previous arrest in 2010 Laura Hutton/Photocall Ireland
Anglo

Former Anglo Irish Bank finance director McAteer released by gardaí

Willie McAteer was not charged and walked free earlier this morning.

THE FORMER FINANCE director at Anglo Irish Bank, Willie McAteer, has been released without charge after he was arrested yesterday.

Gardaí said a file on the case will be prepared and sent to the Director of Public Prosecutions. The arrest came as part of an investigation into alleged financial irregularities at the bank by the Garda Bureau of Fraud Investigation and the Office of the Director of Corporate Enforcement.

McAteer, in his 60s, was held at Irishtown garda station until his release earlier this morning. This is the second time he has been arrested.

The Irish Independent reports that former Anglo chairman Seán FitzPatrick is expected to be questioned again by gardaí over the coming days.

FitzPatrick has already been arrested twice, earlier this year and in March 2010.

Anglo Irish Bank has now been officially renamed the Irish Bank Resolution Corporation after merging with Irish Nationwide Building Society.

Read more: Former Anglo Irish Bank finance director arrested>

Read more: Enda Kenny says no way out of repaying €700 million Anglo bond>

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