Business, World

Ex-bank executives sentenced for €7.2bn conspiracy

Three former bank executives have been sentenced to prison terms ranging from two years to three and a half years for a €7.2bn conspiracy to defraud in September 2008.

Former Anglo Irish Bank executives John Bowe and Willie McAteer and the former chief executive of Irish Life and Permanent, Denis Casey, were found guilty last month of agreeing a scheme to mislead the public about the true health of Anglo.

Judge Martin Nolan sentenced Bowe to two years, McAteer to three and a half years and Casey to two years and nine months — via redwolf.newsvine.com

Share this Story
Load More Related Articles
Load More In Business

Leave a Reply

Your email address will not be published. Required fields are marked *

Photos from Flickr