Boss of Anglo Irish charged

City A.M. Reporter
FORMER Anglo Irish Bank head Sean FitzPatrick was charged yesterday over his part in Ireland’s most expensive bank failure, making him the highest profile banker to face prison in connection with his country’s financial meltdown.

FitzPatrick, the face of Ireland's banking crisis after serving as Anglo chief executive during its rapid rise and chairman during its stunning fall, was arrested in Dublin airport and brought before court to face 16 charges. He was released on bail and is due to appear again on 8 October.