Irish Life & Permanent’s former CEO Denis Casey was one of four men who stood trial in January on a charge of conspiring to defraud.
Last Wednesday, former Anglo Irish Bank executives Willie McAteer and John Bowe were convicted of conspiring to defraud investors and depositors in Anglo through a dishonest scheme that made Anglo’s corporate deposits look €7.2bn stronger than they actually were in 2008.
Irish Life & Permanent’s former finance director Peter Fitzpatrick was acquitted of the same charge on Friday. Both he and his one-time boss Denis Casey admitted authorising back to back transactions with Anglo but insisted they expected them to be accounted for properly.
The 11 jurors will resume their deliberations this morning in relation to Mr. Casey.
