The trial of four bankers accused of trying the manipulate Anglo Irish Bank’s balance sheets has heard more details of the alleged transfers of billions in inter-bank loans.

Four men, including Anglo's former head of finance, Willie McAteer (65) and John Bowe (52), who had been Anglo's head of capital markets, are accused of conspiring to mislead investors by using interbank loans to make Anglo appear €7.2 billion more valuable than it was.

Peter Fitzpatrick (63), former director of finance at Irish Life & Permanent, of Convent Lane, Portmarnock; Dublin, ILP's former chief executive Denis Casey (56) from Raheny, Dublin; Mr McAteer of Greenrath, Tipperary Town, Co Tipperary and Mr Bowe, from Glasnevin, Dublin have all pleaded not guilty at Dublin Circuit Criminal Court to conspiring together and with others to mislead investors through financial transactions between March 1st and September 30th, 2008.

The trial continues before Judge Martin Nolan and a jury.