New Anglo tapes: FitzPatrick told of ‘big funny with Permo’ by Bowe

Recordings give new insights into controversial bank in wake of guarantee

Sean FitzPatrick, the former chairman of Anglo

Sean FitzPatrick, the chairman of Anglo Irish Bank, was told there was a “big funny” between the bank and Irish Life & Permanent in its year-end figures in the days following the bank guarantee.

New Anglo tapes show that John Bowe, the former head of capital markets in Anglo who was convicted of carrying out a €7.2 billion fraud involving Irish Life & Permanent, told FitzPatrick that “we have a big funny with ...