Posted on July 30, 2016 by Carol Adl
Three top Irish bankers were jailed for up to three-and-a-half years on Friday for for their role in the 2008 financial crisis.
At the Criminal Courts of Justice in Dublin, Judge Martin Nolan convicted the trio for conspiring to defraud investors in the most prominent prosecution arising from the 2008 banking crisis that crippled Ireland’s economy.
Former Irish Life and Permanent Chief Executive Denis Casey received two years and nine months after being found guilty in the country’s longest ever criminal trial, which lasted 74 days.
The ex-finance director at the failed Anglo Irish Bank, Willie McAteer, got 42 months, while John Bowe, the bank’s former-head of Capital Markets, was sentenced to 24 months.
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