Denis Casey, Peter Fitzpatrick and John Bowe all granted bail by Dublin's district court and are due to appear again in March
Three former Irish bank executives, including the ex-chief executive of one of the country's largest lenders, have been charged with conspiracy to defraud in the run-up to the country's banking crisis, a court heard on Wednesday.
Former chief executive of Irish Life and Permanent, Denis Casey, the lender's former finance director Peter Fitzpatrick, and former head of treasury at Anglo Irish Bank, John Bowe, were granted bail by Dublin's district court and are due to appear again next March.
All three replied "no" when the charges were put to them by police earlier on Wednesday, the court heard. They will be able to lodge an official plea ahead of their trial.
No one has so far been jailed for any part in the country's banking crisis that began in 2008 and eventually cost taxpayers more than €60 bn (£50bn), or about two-fifths of national output.
The charges came ahead of the opening of a trial next year of three other senior executives at Anglo Irish Bank, which was nationalised in early 2009.
A representative of the Director of Public Prosecutions told the court on Wednesday there was "no factual connection" between the two cases.
All three men are accused of conspiracy to defraud between March and September 2008, that they conspired with each other to transfer €7.2bn between Anglo, Irish Life and Permanent and its Irish Life Assurance subsidiary, Dublin's district court heard.
Bowe faces a second charge of false accounting in December 2008, under the Theft and Fraud Offences Act, the court heard.
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