Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Willie McAteer after his previous arrest in 2010 Laura Hutton/Photocall Ireland

Former Anglo Irish Bank finance director McAteer released by gardaí

Willie McAteer was not charged and walked free earlier this morning.

THE FORMER FINANCE director at Anglo Irish Bank, Willie McAteer, has been released without charge after he was arrested yesterday.

Gardaí said a file on the case will be prepared and sent to the Director of Public Prosecutions. The arrest came as part of an investigation into alleged financial irregularities at the bank by the Garda Bureau of Fraud Investigation and the Office of the Director of Corporate Enforcement.

McAteer, in his 60s, was held at Irishtown garda station until his release earlier this morning. This is the second time he has been arrested.

The Irish Independent reports that former Anglo chairman Seán FitzPatrick is expected to be questioned again by gardaí over the coming days.

FitzPatrick has already been arrested twice, earlier this year and in March 2010.

Anglo Irish Bank has now been officially renamed the Irish Bank Resolution Corporation after merging with Irish Nationwide Building Society.

Read more: Former Anglo Irish Bank finance director arrested>

Read more: Enda Kenny says no way out of repaying €700 million Anglo bond>

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Close
16 Comments
    Install the app to use these features.
    Mute Trish O'Gorman
    Favourite Trish O'Gorman
    Report
    Feb 22nd 2012, 11:21 AM

    As someone living in Australia, I agree with Rudd that the whole thing has turned into a soap opera. It’s a complete farce and just makes me think that they don’t believe they have any significant issues to deal with as they dedicate so much energy to a personality contest.

    11
    Install the app to use these features.
    Mute Conor Peoples
    Favourite Conor Peoples
    Report
    Feb 22nd 2012, 10:48 AM

    What goes around comes around

    10
    Install the app to use these features.
    Mute Marguerite Hoiby
    Favourite Marguerite Hoiby
    Report
    Feb 22nd 2012, 11:24 AM

    Rudd the dud was ousted for a reason, he was a micro managing control freak that didn’t know how to lead his party.
    Nobody else could do any job as well as he could, or so he thought and as a result nothing got done and the PM’s office was total chaos..
    He is all ego and no substance.
    Sick to the back teeth of this distraction about the leadership, good thing the economy is strong and doesn’t seem to require any governement intervention.
    After, last election no government was formed for 3 weeks, country ticked along no problem!
    There might be a message in that somewhere!

    3
    Install the app to use these features.
    Mute Keith Barton
    Favourite Keith Barton
    Report
    Feb 22nd 2012, 11:26 AM

    Shouldn’t there be a ‘u’ in Labour?

    1
    Install the app to use these features.
    Mute Conor Kirwan
    Favourite Conor Kirwan
    Report
    Feb 22nd 2012, 11:32 AM

    Australian spelling, so ‘Labor’ is indeed correct!

    7
    Install the app to use these features.
    Mute Marguerite Hoiby
    Favourite Marguerite Hoiby
    Report
    Feb 22nd 2012, 11:37 AM

    ? possibly American way of spelling it.

    1
    See 1 more reply ▾
    Install the app to use these features.
    Mute vv7k7Z3c
    Favourite vv7k7Z3c
    Report
    Feb 22nd 2012, 11:45 AM

    We used Labour in the past, when we were covering the 2010 elections, but we had a chat about foreign spellings after the 9/11 anniversary and decided that it was more appropriate to call parties/buildings/etc by their local spellings, as they’re proper nouns and not just regular nouns or adjectives.

    Ergo, we refer to the World Trade Center attacks and the Australian Labor party.

    FYI: Even some Australian linguists are puzzled at how Australia keeps the ‘u’ in ‘colour’ but not in ‘honor’ or ‘labor’. http://en.wikipedia.org/wiki/Australian_English#Spelling_and_grammar

    6
Submit a report
Please help us understand how this comment violates our community guidelines.
Thank you for the feedback
Your feedback has been sent to our team for review.
JournalTv
News in 60 seconds