The former Anglo Irish CEO faces 33 charges.
David Drumm arrived at Dublin Airport in the early hours of Monday morning after accepting extradition back to Ireland from America.
The former Anglo Irish Bank CEO was immediately arrested by gardaí and taken to Ballymun Garda Station, where the 49-year-old is facing a host of charges in connection to his role in the lead up to the 2008 economic clash.
Former CEO of Anglo Irish Bank David Drumm arrives at the Criminal Courts of Justice in Dublin this morning.https://t.co/HE7ojAelSK
— RTÉ News (@rtenews) March 14, 2016
After appearing at Dublin District Court later on Monday morning, it has now been revealed that Drumm has been granted bail, with strict conditions attached.
David Drumm granted bail at Dublin District court. @rtenews subject to v strict conditions.
— Órla O'Donnell (@Orlaodo) March 14, 2016
According to RTÉ, the court granted Drumm bail on the terms of his own €50,000 bond, as well as two independent sureties of €50,000.
Additionally, Drumm will have to give up his passport to prevent any further attempts of evading justice – which he has been seen to be doing in the eyes of the law since 2010 – along with signing into Balbriggan Garda Station two times a day.
The former banker is facing a potential 10-year term in prison, after being charged with 33 separate offences; 16 of which relate to giving unlawful financial assistance and 14 others connected to the falsification of documents.
The case is likely to continue in the Circuit Criminal Court on Friday.
Cover image via The Guardian.
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