Paul Appleby, the Director of Corporate Enforcement has announced that his office will send a fourth file on Anglo Irish Bank to the Director of Public Prosecutions (DPP) shortly.
A number of files have already been submitted to the DPP by Appleby’s office on Anglo Irish and there is growing pressure on him to make progress on this situation before he has to return to the High Court on the issue next January.
Appleby told a conference of over 200 compliance officers working in the banks which was held in Dublin on Monday 14th November that, new legal rules in force since August now made it mandatory for people working in banks/financial institutions to report any serious wrong doings to the Gardai if they suspected an offence had been carried out. The rules included protection for whistle-blowers but extremely strong penalties for people making false accusations. He also said that the old banking system of dealing with fraud internally had to change.