Two Former Anglo Execs Have Convictions Quashed

TWO FORMER ANGLO EXECS HAVE CONVICTIONS QUASHED

The Court of Appeal has quashed the convictions of two former executives of Anglo Irish Bank.

Tiarnan O’Mahoney, who used to be second in command at Anglo, was serving a three year sentence after being found guilty of conspiring to defraud Revenue.

His co-accused Bernard Daly, who was Company Secretary at the former bank, was jailed for two years after being convicted of the same crime.

Both claimed they were denied a fair trial and will walk free from court later today after their appeals were successful.

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