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Thread: Thank God David Drumm got the top job in Anglo-Update- Tiarnan O'Mahoney on trial

  1. #31
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    Default Re: Thank God David Drumm got the top job in Anglo-Update: Anglo action against Tiarnan O'Mahoney settled quietly

    Quote Originally Posted by PaddyJoe View Post
    It's curious, isn't it. However I wouldn't suggest for a moment that there's any connection to the cases taken recently in the US against Anglo/IRBC relating to the banks creative use of interest rates some years back which was colloquially know as 'TIBOR'.
    As we know the Gardai and the DPP are completely independent of government.
    I doubt that very much given that Callinan is a 'yes' minister for Shatter and remember penalty points story.

    DPP is an govt appointee and in that case, a member of Labour party.

  2. #32
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    Default Re: Thank God David Drumm got the top job in Anglo-Update: Anglo action against Tiarnan O'Mahoney settled quietly

    Quote Originally Posted by disability student View Post
    I doubt that very much given that Callinan is a 'yes' minister for Shatter and remember penalty points story.

    DPP is an govt appointee and in that case, a member of Labour party.
    That post wasn't meant to be taken literally, DS. Tongue firmly in cheek.

  3. #33
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    Default Re: Thank God David Drumm got the top job in Anglo-Update: Anglo action against Tiarnan O'Mahoney settled quietly

    Quote Originally Posted by PaddyJoe View Post
    That post wasn't meant to be taken literally, DS. Tongue firmly in cheek.
    Aye i get it

  4. #34
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    Default Re: Thank God David Drumm got the top job in Anglo-Update: Anglo action against Tiarnan O'Mahoney settled quietly

    Hello again...


    A trial has heard two former Anglo Irish Bank officials allegedly withheld information of an account linked to former chairman Sean FitzPatrick during a tax audit.
    Retired company secretary Bernard Daly from Whitehall in Dublin, and former Chief Operations Officer Tiarnan O'Mahoney from Enniskerry, Co Wicklow are on trial with former Anglo employee Aoife Maguire from Rothe Abbey, Kilmainham in Dublin
    He explained the background to the charges was a 2003 Anglo Irish Bank audit by the Revenue Commissioners, following a wider DIRT tax probe over bogus non-resident accounts.He said Anglo were asked to provide Revenue with a list of any non-resident accounts with a balance exceeding €100,000 - and that a team headed up by Bernard Daly and including Tiarnan O'Mahony and Aoife Maguire was put in place to handle the request.
    It is claimed an account in the name of John Peter O'Toole was deliberately omitted from the Revenue list, because the account was linked to the then chairman of the bank Sean FitzPatrick.
    It is alleged there were attempts to delete or change information relating to six other accounts.
    http://www.newstalk.com/Jury-sworn-i...Bank-officials

  5. #35
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    Default Re: Thank God David Drumm got the top job in Anglo-Update: Anglo action against Tiarnan O'Mahoney settled quietly

    Interesting record keeping in Anglo it seems....

    A customer of Anglo Irish Bank was described as deceased “for a relatively short period of time”, the trial of three former officials at the bank has heard.Patrick Peake, head of fraud prevention at the bank, agreed for a period between December 10th, 1998 and January 25th, 1999, records for the account of John Peter O’Toole, the brother-in-law of the bank’s then chairman Sean FitzPatrick, showed him as deceased.
    Giving evidence at Dublin Circuit Criminal Court, Mr Peake, who also workedfor the bank’s successor, Irish Bank Resolution Corporation, agreed that in January 1999, the reference to Mr O’Toole being deceased was removed.
    “So he’s deceased for a relatively short period of time?” Dominic McGinn SC, for the prosecution asked.
    Mr Peake said that was the case.
    Aoife Maguire (60) of Rothe Abbey, South Circular Road, Kilmainham, Dublin, Bernard Daly (65) of Collins Avenue West, Whitehall, Dublin and Tiarnan O’Mahoney (54) of Glen Pines, Enniskerry, Co Wicklow, have been charged with trying to hide accounts, connected to Mr FitzPatrick, from Revenue between March 2003 and December 2004. They have pleaded not guilty.
    Mr Peake told the court he left IBRC in December 2011.
    He began his evidence by explaining the various information storage systems used at Anglo. These included a paper file system, a computer-based core banking system and a computer-based document management system.
    He said he was made aware in April 2010 that a number of accounts had been removed from the bank’s core banking system and his role was to further investigate.
    He said he reviewed the bank’s storage systems, including archived boxes of historical information. He also listened back to phone calls recorded by the bank through its share dealing desk.
    Mr McGinn took Mr Peake through a series of documents that recorded information on Mr O’Toole’s two accounts with the bank. The deposit account for Mr O’Toole was opened in April 1990, the records showed, and a document recorded the account as non-resident. A current account was opened in April 1993. The data on the accounts showed addresses at different stages in Kent, London and Sydney, Australia.
    Mr McGinn agreed the documents displayed in court were screen shots from the bank’s system and showed “a snapshot in time”.
    Mr McGinn said in December 1998, a screenshot for Mr O’Toole’s account, when he had been recorded as deceased, was marked “hold correspondence”. Mr Peake agreed. There was also a code on the page “bef”. Mr Peake explained this meant the text would disappear from the screen once information was updated.
    A snapshot of December 10th contained a note saying “hold correspondence” and “C/O Mrs Mary O’Toole, (mother in law to SPF)”.
    Asked who “SPF” was, Mr Peake said it was Mr FitzPatrick.
    Further snapshots opened in court showed references to Mary O’Toole on the current account and on May 8th, 2003, the name on the account was extended to “John Peter O’Toole”, with an address in Sydney, Australia.
    Mr McGinn also asked Mr Peake if he had found “cash transactions connected with Mr FitzPatrick”. Mr Peake agreed that he had, and they were “internal transfers”.
    He also agreed there were transactions from an account in Anglo Irish Bank Corporation, Isle of Man, to Mr O’Toole’s account, including one on February 11th, 1993 for IR£8,800. On February 12th, Mr O’Toole’s account was debited with a cheque in favour of Central Garages for the same amount, the court was told.
    Later that month, another transfer was made from Anglo Isle of Man for IR£9,643, Mr Peake agreed. There were also sterling cheque lodgements to Mr O’Toole’s account, the records showed.
    Mr Peake will continue his evidence on Wednesday before Judge Patrick McCartan.

  6. #36
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    Default Re: Thank God David Drumm got the top job in Anglo-Update- Tiarnan O'Mahoney on trial

    More strange going ons in the Anglo back offices:

    Documents in the trial of three former officials of Anglo Irish Bank show one of the defendants as jointly borrowing $1.2 million with former chairman of the bank Sean FitzPatrick in 1997.Patrick Peake, head of fraud prevention at Anglo and its successor, the Irish Bank Resolution Corporation, agreed Tiarnan O’Mahoney was listed as a borrower with Mr FitzPatrick for the loan, taken out for the purchase of shares.
    Continuing his evidence at the Dublin Circuit Criminal Court, Mr Peake also said there was a signature at the end of the loan facility document, dated December 1997, above Mr FitzPatrick’s name, but there was no signature above the name of Mr O’Mahoney
    The accounts involved included Lock Ltd/Suzie Ltd, Carnahalla Ltd/Suzie Ltd, Lock Ltd and Carnahalla Ltd.Mr Peake, who was appointed to investigate the removal of accounts from the bank’s computer system in April 2010, agreed that other documents he discovered on the computer system showed the loan of $1.2 million was split into two accounts; Lock Ltd/Susie Ltd and Carnahalla Ltd.
    He also agreed with Dominic McGinn SC, for the prosecution, that another document entitled “file note” and dated in January 1998, was from bank official Declan Quilligan. Its subject was “Carnahalla Ltd (SPF)” and “Susie Ltd (TOM)”.
    Mr Peake said SPF stood for Mr FitzPatrick and TOM stood for Mr O’Mahoney.
    The document detailed that the companies wanted to borrow $1.2 million to purchase 75,000 shares in Spiros Inc, a research and development company.
    It was a bridging loan pending a drawdown of a loan from Guinness and Mahon, a private bank.
    Mr McGinn also took Mr Peake through a series of screen shots from the bank’s core computer system that showed a change of details on accounts for Lock Ltd.
    Mr Peake agreed the details were changed in 2003, two years after some of the accounts were closed, in December 2001.
    Other accounts for Lock Ltd were closed in November 2000 and September 2003, but before the details were changed.
    Another screen shot from the bank’s computer system showed Carna Ltd, closed in March 1998, had its name changed in 2003.
    The court was also given details of transfers from Mr Fitzpatrick’s accounts into the accounts of Triumvrate Properties Ltd. Mr Peake agreed there was one lodgement from Mr Fitzpatrick of IR£3,500 in 1999 and Mr Fitzpatrick’s name appeared on a statement of the account in 2003. But his name was not on a statement given to gardaí in 2012.
    Mr Peake agreed that between 2003 and 2012, Mr Fitzpatrick’s name had been removed from the record of the transaction.
    He will continue giving evidence before Judge Patrick McCartan on Wednesday.
    http://www.irishtimes.com/business/f...1-2m-1.2268092

  7. #37
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    Default Re: Thank God David Drumm got the top job in Anglo-Update- Tiarnan O'Mahoney on trial

    Another interesting day of court testimony in this case.

    http://www.irishtimes.com/news/crime...ears-1.2275484

  8. #38
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    Default Re: Thank God David Drumm got the top job in Anglo-Update- Tiarnan O'Mahoney on trial

    More today. "My mate Denis O'Brien" (Sean Fitzpatrick) had an overseas account in Britain that SF apparently did not want furnished up to the Revenue Commissioners DIRT inquiry.

    There is some question as to which Denis O'Brien this might be, and which account.
    “ We cannot withdraw our cards from the game. Were we as silent and mute as stones, our very passivity would be an act. ”
    — Jean-Paul Sartre

  9. #39
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    Default Re: Thank God David Drumm got the top job in Anglo-Update- Tiarnan O'Mahoney on trial

    Creative Anglo book keeping Part 943.....

    [QUOTE]Ms Maguire told gardaí * she started with Anglo in 1987 as a typist when it was known as City of Dublin Bank. She said that between 2003 and 2009 she worked on the bank’s IT helpdesk but was sometimes given other tasks to do.She agreed she was asked to help provide a list of accounts to Revenue in 2003. At the time Revenue were auditing the bank for possible unpaid Deposit Interest Retention Tax (DIRT) on bogus non-resident accounts.
    Ms Maguire said she wasn’t appointed to “a team” but it was one of the many groups of people she was assigned to over the years. She said she didn’t really answer to anyone during the task.
    She said her role was to go through lists of files to check for non-resident paperwork. If no paperwork was present a letter would be sent to the customer, she said.
    Asked if she found many non-resident accounts, she said that she couldn’t remember but that “a good few” letters were sent out. She said she “wouldn’t know” if Anglo held non-resident accounts for bank employees.
    Gardaí * showed Ms Maguire an email from 2003 in which she stated she was working for Mr O’ Mahoney. She said in interview she didn’t know why she said this as she never worked directly for Mr O’Mahoney.
    She said she worked in departments with Mr O’Mahoney but there were always several people between them. She said they weren’t friends but that Mr O’Mahoney gave her a job in his new company ISTC after she left Anglo.
    Gardaí * referred to another email thread from January 2004 in which Ms Maguire discussed two accounts in the name of Mr FitzPatrick’s brother-in-law, John Peter O’Toole. The emails were between the accused and James Shaw from the IT department.
    Ms Maguire said she couldn’t recall the email thread and that she didn’t know who Mr O’Toole was. She said she doesn’t remember issuing instructions to the IT department to delete the accounts and that she doesn’t remember who told her to send the email.
    Asked if she was concerned about emails sent by her referring to accounts which were deleted from the CBS, Ms Maguire replied she was.
    Ms Maguire denied sending another email to an IT worker asking him to update an audit trail so it would appear that no amendments were made to the accounts.
    Gardaí put another email to Ms Maguire in which she refers to an account number belonging to the Sean FitzPatrick/Crohan O’Shea Trust. Gardaí* said this account was also deleted from the CBS.
    Ms Maguire said she didn’t remember the email and wasn’t aware of the account. She denied she was “covering or protecting someone”.
    She said she couldn’t offer an explanation for why she was linked to emails discussing deleted accounts and she never instructed staff to delete accounts. She also denied being instructed to do so by others.
    Gardaí put it to Ms Maguire that she was engaged in a conspiracy to conceal or destroy accounts which were sought by Revenue.
    “I was not,” she replied.
    In a second interview, gardaí put it to Ms Maguire that she was instrumental in deleting six accounts from the bank’s record system. They said an IT worker said she had ordered him to delete the accounts.
    Ms Maguire said she never approached that worker to do anything and she doesn’t know why he would claim this.
    Gardaí * said someone either asked her or directed her to have the accounts deleted. Ms Maguire replied that this may have happened but she didn’t remember it.
    She said Mr FitzPatrick had never ordered her to do anything in the bank. She said she didn’t socialise with him but would have spoken to him as Mr FitzPatrick “spoke to everyone.”
    The trial continues on Monday before Judge Patrick McCartan and a jury of six men and six women./QUOTE]

  10. #40
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    Default Re: Thank God David Drumm got the top job in Anglo-Update- Tiarnan O'Mahoney on trial

    Guilty verdicts all round. Plus some bizarre last minute attempt to sabotage the trial.

    Three former Anglo officials charged with trying to hide accounts connected to the bank's former chairman Sean FitzPatrick from the Revenue Commissioners have been found guilty of all charges.Tiarnan O'Mahoney, Anglo's former chief operating officer, Bernard Daly, Anglo's former company secretary, and Aoife Maguire, a former assistant manager at the bank, had denied all the charges.
    The jury returned unanimous guilty verdicts on all counts in relation to all three defendants.
    The verdict was delayed because the Director of Public Prosecutions' office had received an anonymous phone call suggesting that the jury was not "wholly independent".
    The caller had suggested the wife of the jury foreman was "very friendly" with Maguire.
    The jury foreman said "no" when he was asked by Judge Pat McCartan if this was the case.
    After the verdicts were delivered, Judge McCartan said what was said by the anonymous caller had been shown to be a falsehood.
    He apologised for causing the foreman any embarrassment.
    Judge McCartan said he was anxious to conclude this matter within the next month having regard to concerns the DPP had expressed about other proceedings.
    He said all three would be sentenced on 28 August. Prosecuting lawyers asked that the three remain in the jurisdiction pending the sentence.
    Judge McCartan said the events before lunchtime had given him very considerable concern, and that, with regret, the accused must remain in custody pending sentencing.
    Lawyers for all three made submissions as to why this should not happen.
    http://www.rte.ie/news/2015/0730/718213-anglo/

  11. #41
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    Default Re: Thank God David Drumm got the top job in Anglo-Update- Tiarnan O'Mahoney on trial

    Sentencing tomorrow at noon. Friday bank holiday. Hmm.

  12. #42
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    Default Re: Thank God David Drumm got the top job in Anglo-Update- Tiarnan O'Mahoney on trial

    Anyone care to speculate on likely sentences? This judge likely to take into account how terribly embarrassing all this is for their families and hand down some suspended sentences?

  13. #43
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    Default Re: Thank God David Drumm got the top job in Anglo-Update- Tiarnan O'Mahoney on trial

    Am I the only one that is surprised at the verdicts?

  14. #44
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    Default Re: Thank God David Drumm got the top job in Anglo-Update- Tiarnan O'Mahoney on trial

    Quote Originally Posted by Nicht Besonders View Post
    Anyone care to speculate on likely sentences? This judge likely to take into account how terribly embarrassing all this is for their families and hand down some suspended sentences?
    Willie McAteer and Pat Whelan got community service last year so I'd expect something similar. Still you never know.

  15. #45
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    Default Re: Thank God David Drumm got the top job in Anglo-Update- Tiarnan O'Mahoney on trial

    Quote Originally Posted by pluralist View Post
    Am I the only one that is surprised at the verdicts?
    A little. I thought some obscure legal jiggery pokery would have been unearthed. There was a lot of very serious prosecution evidence during the case though and the defence didn't bring any thing significant.

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