Ireland (McKoy’s News) – Sean FitzPatrick Freed: Former Anglo Irish Bank Chairman Sean FitzPatrick was acquitted following the longest criminal trial in the history of the Irish State. Mr. FitzPatrick was accused of misleading the bank’s auditors about millions of euros in loans made to him.
The 68-year-old had pleaded not guilty to 27 charges from 2002 and 2007. On day 126 of the trial, the judge said he would direct the jury to acquit the defendant today (May 24, 2017). He said the investigation into the accused was not sufficiently unbiased, impartial and balanced.
Speaking outside court, Mr. FitzPatrick told reporters that it had been a “very long, tiring and difficult time for my family and myself, but thankfully, today, the trial is over”.
Mr. FitzPatrick stepped down as Chairman of Anglo Irish Bank in December 2008. A month later, the bank was nationalized after it was brought to the brink of collapse. The move cost Irish taxpayers about 23.4 billion pounds. He was declared bankrupt in 2010.
Contribruted by Dr. Colin O Jarrett