Former Irish Anglo boss can be quizzed on U.S. residency

David Drumm will face questioning on residency

Larger Text

Print

E-mail

4 Comments

David Drumm outside court in Boston

Tweet

READ MORE- Former Anglo Irish boss files for bankruptcy in the U.S.

David Drumm, the former chief executive of Anglo Irish Bank can be questioned about his residency status in the U.S. a judge in Boston has ruled.

Judge Frank Bailey ordered that Mr Drumm must supply documents pertaining to his residency and other matters that had been requested by Anglo Irish Bank.

Mr Drumm had objected to being questioned on such matters and had claimed that his former employer was subjecting him to a trial by media and that they were being influenced by the Minister for Finance Brian Lenihan. He had asked that the judge deny the request and or constrain the questions asked.

The Boston judge made a ruling stipulating the type of questioning Mr Drumm must respond to. He also set out dates for the process, which is due to begin tomorrow in the offices  of a Boston law firm.

Kathleen Dwyer, the trustee in the case, will put questions to him tomorrow and Anglo Irish Bank are permitted to question him at the offices of their law firm between January 2nd and 14th.

The court ordered that Mr Drumm must supply the documents being sought by December 21st.

Mr Drumm will be questioned about his source of income and the use of the income since 2004. Ms Dwyer can also question him about his pension, his properties in the U.S. and Ireland, his financial dealings with his wife, her income and his residency status in the U.S.

Anglo Irish bank have voiced queries as to how he loaned his wife substantial sums of money, and information about her contribution to the family budget.

Mr Drumm filed for bankruptcy in Boston in October.

READ MORE- Former Anglo Irish boss files for bankruptcy in the U.S.

Print

E-mail

Tweet