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Ireland delays accountancy probe of ex-Anglo chief

Ireland delays accountancy probe of ex-Anglo chief

Ireland has delayed a public probe into the alleged accounting malpractices of former Anglo Irish Bank chairman Sean FitzPatrick, citing concerns it could undermine his potential criminal prosecution.
FitzPatrick resigned weeks before Anglo was nationalized in 2009 in the face of catastrophic, previously hidden losses and loans.
Detectives probing Anglo's accounting scandals arrested FitzPatrick in March 2010 and sent two massive evidence files to Ireland's senior prosecutor, James Hamilton, in December. FitzPatrick has not been charged.
Ireland's accountancy watchdog planned to question FitzPatrick at a public disciplinary hearing next month. But it announced Tuesday it will delay that probe until Hamilton's office decides whether to press charges against FitzPatrick.


Updated : 2021-01-18 06:14 GMT+08:00