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Ex-Anglo bank chief faces 33 charges if extradited to Dublin

Ex-Anglo Irish Bank chief faces 33 charges, potential 'unlimited' prison if extradited from US

Ex-Anglo bank chief faces 33 charges if extradited to Dublin

BOSTON (AP) -- Unsealed court documents show that Ireland hopes to prosecute the disgraced former chief executive of Anglo Irish Bank for 33 counts of fraud, forgery and other crimes if he is extradited from Boston to Dublin.

The disclosure came hours ahead of David Drumm's appearance Tuesday in a Boston court to face an Irish extradition warrant.

Drumm fled to the United States in 2009 as Ireland nationalized toxic debt-crippled Anglo at an estimated taxpayer cost of 29.3 billion euros ($34 billion). He insists he has a right to U.S. residency and bankruptcy protection. Drumm was arrested Saturday at his 4,000-square-foot, $2 million home in the upmarket Boston suburb of Wellesley.

The Ireland warrant says Drumm potentially faces "an unlimited term of imprisonment" if convicted of fraudulently concealing Anglo's loss of deposits.


Updated : 2021-09-19 15:14 GMT+08:00