Anglo Irish Bank goes to Boston court to question David Drumm

MOLLY MULDOON,

IrishCentral.com Staff Writer

Published Wednesday, December 1, 2010, 5:13 AM

Updated Wednesday, December 1, 2010, 5:17 AM

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David Drumm outside the court in Boston

A hearing in which Anglo Irish Bank representatives, will question the bank’s former chief executive David Drumm, will go ahead this week in Boston.

Anglo Irish bank had requested permission from the court in Boston to question Mr Drumm in relation to his bankruptcy filing. It has also applied for access to documents submitted by the former bank boss.

The bank claims Mr Drumm owes $11million (€8.5 million) which would make the Irish bank his largest creditor.

Anglo Irish Bank has requested to question Mr Drumm regarding his residency status in the U.S. and what investments he has made to justify his E2 visa.

In his filings the former Irish bank boss said he has been a manager of a Boston business for the past 18 months and listed his gross income at $9,000 a month.

Recently he made a filing to the Boston court requesting that they deny his former employers permission to question him. He said that the bank was motivated by the Minister for Finance Brian Lenihan and they wanted to subject him to “the spectacle of a public trial”.

Judge Frank Bailey recently informed the parties concerned that he will hold a hearing on the matter this coming Friday, December 2, in Boston.