David Drumm released on bail

The former Anglo chief executive has surrendered his passport

14th March, 2016
Drumm leaves court today Pix: Maxwell Photography

Former Anglo Irish Bank chief David Drumm has been released on bail after the conditions of his release were finalised today.

Dublin District Court approved Drumm's parents-in-law, Danny and Georgina Farrell, as his sureties. They will have to lodge €50,000 in cash in court and have another €50,000 frozen in their joint account.

Drumm, who spent the night in Dublin's Cloverhill Prison following his extradition from the US yesterday, has surrendered his passport to gardaí....

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