Prosecution to outline case against Anglo executives


The prosecution is expected to outline its case against 3 former Anglo Irish Bank executives at their trial today.

Sean Fitzpatrick, Willie McAteer and Pat Whelan are accused of participating in a scheme to provide unlawful financial assistance to 16 individuals to buy shares in the bank in July 2008.

The 15 jurors have been warned this trial may last 4 months.

More than 100 witnesses are to be called by the prosecution _  some are well known like former billionaire Sean Quinn.

It_ s the state' s case that Anglo_ s former Chairman Sean Fitzpatrick, the bank_ s former chief financial officer Pat Whelan and the bank_ s former head of compliance Willie McAteer took part in a scheme to provide unlawful financial assistance to 16 individuals to buy shares in the bank.

The men deny the charges. Pat Whelan also denies 7 further charges of being privy to fraudulent alterations of loan facility letters in October 2008.