Bray People

Sean FitzPatric­k trial to continue into May

TRIAL NOW THE LONGEST IN THE STATE’S HISTORY

-

THE judge in the trial of former Anglo Irish Bank chairman Sean FitzPatric­k has told the jury the trial will run into May.

The trial began in Dublin Circuit Criminal Court last September and was scheduled to end by Christmas. It was delayed by weeks of legal argument in the absence of the jury and only began in evidence before the jury in December.

Four weeks ago, the trial entered its 90th day, making it longer than any other criminal trial ever. Since then there has been more legal argument and last Wednesday the jury returned to hear one brief witness. It is day 106 of the trial.

It is the prosecutio­n’s case that multi-million euro loans taken out by Mr FitzPatric­k (68) and his family were ‘artificial­ly reduced’ for a period of two weeks around the bank’s financial end of year statement by short-term loans from other sources, including Irish Nationwide Building Society (INBS).

The prosecutio­n alleges that the bank’s former chairman failed to disclose the extent of these loans to the bank’s auditors in the years 2002 to 2007. Mr FitzPatric­k has denied all charges.

Due to personal holiday commitment­s, the jury are unavailabl­e to hear evidence from next Monday until April 24.

Judge John Aylmer told the jury when the trial resumes then there will be another two days of evidence. He said the trial process thereafter is likely to take another three weeks.

The jury minder informed the judge then that one juror had holidays booked for a week in May and that another juror was unavailabl­e from June 9 until July 7.

Judge Aylmer told the jurors they shouldn’t make any alteration­s to their plans. He thanked the jurors for their patience and said it must be a frustratin­g process for them.

‘ There is light at the end of the tunnel,’ he said.

Mr FitzPatric­k of Whitshed Road, Greystones, has pleaded not guilty to 27 offences under the 1990 Companies Act. These include 22 charges of making a misleading, false or deceptive statement to auditors and five charges of furnishing false informatio­n in the years 2002 to 2007.

Newspapers in English

Newspapers from Ireland