Former Anglo director faces court fine

Patrick Whelan pleads guilty to failing to maintain a register of directors’ loans

23rd December, 2016
Former Anglo Irish Bank director Patrick Whelan Pic: Collins

Former Anglo Irish Bank director Patrick Whelan faces a maximum fine of €12,500 after he pleaded guilty on Wednesday to failing to maintain a register of directors’ loans.

The 54-year-old’s guilty plea does not come with a custodial sentence.

The charge Whelan pleaded guilty to could have been taken against any former director of Anglo Irish Bank at the time of its nationalisation in 2009, as the bank had failed for some...

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