THE FORMER FINANCE Director of Anglo Irish Bank, Willie McAteer, has been arrested by gardaí.
Gardaí said that he was arrested as part of an ongoing investigation by gardaí from the Garda Bureau of Fraud Investigation and the Office of the Director of Corporate Enforcement.
The investigation is into alleged financial irregularities at Anglo Irish Bank.
McAteer is currently being detained under the provisions of Section 4 of the Criminal Justice Act 1984 at Irishtown Garda Station.
This is the second time that McAteer has been arrested.
In August of this year, the Office of the Director of Corporate Enforcement submitted a third investigation file into the Anglo case to the DPP.
A statement from the office at the time said:
This investigation file was stated to relate to the suspected failure of Anglo to maintain a register of loan and related transactions which the Bank had with its directors and with persons connected with its directors. Section 44 of the Companies Act 1990 is the relevant statutory provision.
This file relates to pre-2009 periods.
The ODCE also said that “good progress continues to be made” with its Anglo investigations, and that it will be sending further papers to the DPP in the coming months.
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