David Drumm due in Dublin tomorrow morning to face charges

Ex-Anglo chief executive facing 33 charges over transactions

Former Anglo Irish Bank Chief Executive  David Drumm pictured in 2009. File photograph: Alan Betson/The Irish Times
Former Anglo Irish Bank Chief Executive David Drumm pictured in 2009. File photograph: Alan Betson/The Irish Times

Former Anglo Irish Bank chief executive David Drumm is returning to Ireland and will appear in court on Monday to face 33 charges relating to transactions carried out ahead of the bank's collapse.

The Department of Justice said it could not confirm reports of Mr Drumm’s arrival in the country but other sources confirmed the ex-banker would return on Monday morning.

It is likely that Mr Drumm will be taken to Bridewell Garda station in the city centre to be officially charged before being taken to Dublin District Court.

Speaking to The Irish Times Mr Drumm's family said they were "very pleased he is back in Ireland tomorrow and will be there to support him".

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In February, Mr Drumm (49) abandoned his legal challenge against extradition from the United States to Ireland.

The ex-banker decided to return home to Dublin to fight the charges relating to transactions carried out while he ran Anglo as the lender edged towards collapse during the 2008 financial crisis.

Mr Drumm's lawyer, Daniel Fetterman, told a Boston court last month at a brief hearing that the former banker agreed to be extradited to Ireland, ending his four-month challenge against removal from the US.

Mr Drumm’s court appearance was his fourth in the US extradition case since his arrest in October 2015 on a request from the Government and comes after two failed attempts to seek his release on bail.

Mr Drumm has been in custody since his arrest on October 10th, 2015 mostly in the maximum-security Plymouth County Correctional Facility, about an hour's drive south of Boston.

He is accused of offences including forgery, conspiracy and false accounting for loans advanced in 2008 designed to buttress Anglo’s plunging share price as the global financial crisis reached Irish shores.

Fiona Gartland

Fiona Gartland

Fiona Gartland is a crime writer and former Irish Times journalist