Four bankers due in court over Anglo conspiracy

Four former bankers are due before Dublin Circuit Criminal Court accused of taking part in a €7.2bn conspiracy to dupe investors by inflating deposits at Anglo Irish Bank.

They include two former Anglo executives, Willie McAteer and John Bowe.

The four bankers are accused of conspiring to mislead investors in relation to €7.2bn euro worth of transactions between Anglo Irish Bank Irish Life & Permanent and Irish Life Assurance, from March to September 2008.

They are Anglo's former Finance Director Willie McAteer; John Bowe, who was head of capital markets at the Bank; Denis Casey, who was chief executive of Irish Life and Permanent; and ILP's former director of finance, Peter Fitzpatrick.

Last month they were all returned for trial to the Circuit Court where they are due to make their first appearance today.

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