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Former Irish Bankers Go to Prison After Longest Trial

  • Three sentenced to eight years and three months in total
  • All three convicted of conspiring to defraud customers

Three former senior Irish bankers were sentenced to a total of more than eight years in prison in Dublin after being convicted of conspiring to defraud customers and investors during the financial crisis.

Irish Life & Permanent Plc’s former chief executive officer, Denis Casey, and two former executives at Anglo Irish Bank Corp., Willie McAteer and John Bowe, were convicted in June after the longest criminal trial in the country’s history. All three had pleaded innocent to charges they helped created a false impression of the financial health of Anglo Irish Bank through facilitating a circular payment in 2008.