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Updated 11.02pm
PAT WHELAN AND Willie McAteer have been found guilty of some charges in the Anglo Irish Bank trial.
The two former Anglo executives were found guilty on charges of providing unlawful loans for shares to the so-called Maple 10.
They were both found not guilty on charges relating to loans provided to the Quinn family. The jury unanimously found the pair guilty, with the not guilty versions coming from a majority of jurors.
Both Whelan, the former MD of lending in Ireland; and McAteer, the former chief risk officer and finance director of the bank made no statement as they left the court in Dublin today.
Neither reacted when the verdict was read out, staring straight ahead in the dock, with both leaving court almost straight away and neither making a comment as they exited the Criminal Courts of Justice.
It took the jury nearly 17 hours of deliberations to come to a guilty verdict, ruling that the two men had played a part in illegally lending money to the developers in 2008.
Judge Martin Nolan thanked the 12 jurors, saying that they had taken the verdict seriously and had to weigh up a number of considerations. He excused them from jury service for 10 years.
The men will be sentenced on 28 April at 2pm, though Judge Martin Nolan warned that sentencing may go beyond that date.
Yesterday, their co-accused Seán Fitzpatrick was found not guilty on all ten charges he faced on providing unlawful financial assistance to Anglo Irish Bank customers.
Reporting from Paul Hosford
Originally published 3.23pm
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Is the RCC making any contribution to this compensation fund? They were the employer and they received money both from the State and from the businesses which they carried work out for. Surely, there must be some liability there. Perhaps, a transfer of RCC school property to the State, if they are stuck for ready cash?
The RCC have not paid one single euro into the fund nor have any of the Orders of Nuns.
Is it me or does the compensation sound small. They worked for years as slave labour in these laundries.
Whether intending to or not you’ve made their claim only about money.
@Ross
I’ve seen a few of these ladies on TV and they have stated that they are looking for an official apology.
Read my comment fully. It was directed at the first comment who said that the money was too low.
Maybe that’s the your mind works so you picked it up like that. If they looked for or didn’t that doesn’t change the fact they should be fairly compensated.
Why aren’t the RCC paying the full amount?? Typical, the Irish government bend over and take it up the ar se every time from this corrupt and perverted cult!! Time to separate church and state for once and for all!!
It’s a good start, but i think they want vindication as well.
It seems small change-maybe there waiting for these people to disappear off the planet for good,to reduce that €12 million compo figure!…
The maths on that don’t add up and there is nothing wrong with my calculator.If you take 357 and even assume they were at top of scale. They got lump sum of 65,000 multiply that by 357 and you get 23,205,000 that’s not 12.8 million
Also when she states CERTAIN MEDICAL SCHEMES I would like to know exactly what schemes she is referring to.
have your say