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David Drumm guilty

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    #32
    Are Am Eye
    Registered Users Posts: 2,166 ✭✭✭Are Am Eye


    Odhinn wrote: »
    What kind of sentences are we looking at? Whats the maximum?

    One of the charges against him is False Accounting which carries a maximum jail term of 10 years and/or Fine.

    There's also a Fraud charge. That's either 5 or 10 years, not sure. Not that we use consecutive sentencing in this country.

    The custody he did in US while awaiting trial will probably be taken in to consideration. Which will give the Judge a good out to throw a lenient sentence at him.


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    #33
    HandsomeBob
    Closed Accounts Posts: 1,977 ✭✭✭HandsomeBob


    M.Cribben wrote: »
    Did his lawyer not go for the "difficult upbringing, no father, alcoholic mother, failed by the education system but now enrolled in forklift operator fas course and has brought 200 euro to Court for the poor box" defence? That usually gets the perpetrator off with a suspended sentence.

    I thought it was the "posh good boy does something bad in a moment of madness" defence that usually wields dividends.


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    #34
    flazio
    Registered Users Posts: 12,822 ✭✭✭✭flazio


    I'll only support a suspended sentence if it means suspended from his gonads.


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    #35
    benny79
    Registered Users Posts: 3,105 ✭✭✭benny79


    2 years isnt a sentence! They defaulted our country of billions you think the normal joe soap would get 2 years!!! Joke of a country.. we'd be doing life! I easily go to jail for 2 years if at the end of it, I come out with millions I'll even take my chances in the Joy for that!


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    #36
    Benteke
    Registered Users Posts: 671 ✭✭✭Benteke


    In the US he would get pretty much a life sentence, over here he will get 4 and he will be out in 1-2 years


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    #37
    whisky_galore
    Registered Users Posts: 15,772 ✭✭✭✭whisky_galore


    M.Cribben wrote: »
    Did his lawyer not go for the "difficult upbringing, no father, alcoholic mother, failed by the education system but now enrolled in forklift operator fas course and has brought 200 euro to Court for the poor box" defence? That usually gets the perpetrator off with a suspended sentence.

    Try 'well-respected family' and 'not likely to re-offend'.


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    #38
    El Weirdo
    Registered Users Posts: 11,646 ✭✭✭✭El Weirdo


    Benteke wrote: »
    In the US he would get pretty much a life sentence, over here he will get 4 and he will be out in 1-2 years

    If he gets 4, he won't be out until he's done 3.


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    #39
    TallGlass
    Closed Accounts Posts: 4,935 ✭✭✭TallGlass


    Sentence will be a joke as usual.

    With the monetary figures involved, he and his kind have directly affected the population. People killed themselves directly over people like him and their actions, that financially pushed people over the edge.

    To this day, I still have 'USC' on my payslip. He should get a starting sentence of minimum how long that has been in operation, following onto till it's removed from existence.

    Imagine that, the USC tax itself, directly as a result of this misconduct and criminality has been in existence longer than the prison sentences the people who caused this mess got.


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    #40
    DellyBelly
    Registered Users Posts: 2,866 ✭✭✭DellyBelly


    I'd be hoping he'd get at least 2 years or at worst 18 months. That will soften his cough. But knowing this country he'll only get a suspended sentence


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    #41
    2smiggy
    Registered Users Posts: 19,968 ✭✭✭✭2smiggy


    how much jail time is he looking at. difficult to prove, but how many suicides could be directly attributed to his fraud !! must be a fair few.


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    #42
    eigrod
    Registered Users Posts: 7,592 ✭✭✭eigrod


    Presumably he can (and will) appeal to a higher court ? This could drag on for decades.


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    #43
    fliball123
    Registered Users Posts: 7,445 ✭✭✭fliball123


    2smiggy wrote: »
    how much jail time is he looking at. difficult to prove, but how many suicides could be directly attributed to his fraud !! must be a fair few.




    Will his misses have to give the money back that he transferred into her account?


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    #44
    2smiggy
    Registered Users Posts: 19,968 ✭✭✭✭2smiggy


    fliball123 wrote: »
    Will his misses have to give the money back that he transferred into her account?

    ya just heard on newstalk his son is graduating over in leafy Connecticut, and the wife and kids are still there. Should be going after that dosh too


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    #45
    mojesius
    Registered Users Posts: 4,324 ✭✭✭mojesius


    Deutschland, Deutschland Uber allies


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    #46
    hatrickpatrick
    Registered Users Posts: 17,797 ✭✭✭✭hatrickpatrick


    Wheeliebin30 wrote: »
    There is already people in jail facing justice.

    Weren't several of them subsequently let off, leaving only those who took instruction rather than those who gave it actually behind bars, in typical Irish fashion?

    I could have sworn that there was a successful appeal in the previous Anglo case.


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    #47
    jay0109
    Registered Users Posts: 2,669 ✭✭✭jay0109


    He's done 5 months in prison in the US already which the Judge here will factor in. He might also factor in that US prisons are much tougher than ours and allow for that too.
    So my guess is a 3 year sentence with 12 months off for time served and 12 months suspended. 1 year in Castlerea, out for Valentine's day 2019, maybe even for xmas if there's pressure on spaces.


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    #48
    c68zapdsm5i1ru
    Closed Accounts Posts: 2,709 ✭✭✭c68zapdsm5i1ru


    With Ireland seeming prepared to head back down the same road that led to the Celtic Tiger they should make an example out of David Drumm and give him a decent sentence that might scare the life out of any other corrupt bankers etc tempted to go down the same route. They're not likely to learn from others mistakes, or to have an attack of conscience, but they might just be put off by the thought of many years in prison.


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    #49
    Benteke
    Registered Users Posts: 671 ✭✭✭Benteke


    El Weirdo wrote: »
    If he gets 4, he won't be out until he's done 3.

    Time already served will come into it I would imagine


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    #50
    jetsonx
    Registered Users Posts: 1,326 ✭✭✭jetsonx


    Aside from the massive fraud, cocky demeanor and those infamous tapes, I think Drumm showed his true colours in this video:

    https://www.youtube.com/watch?v=tlmjcW1O2YE

    I wonder if he'll be as insolent to his prison mates as he was to Charlie Bird...


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    #51
    SEPT 23 1989
    Registered Users Posts: 43,024 ✭✭✭✭SEPT 23 1989


    Zebra3 wrote: »
    https://m.independent.ie/irish-news/courts/former-anglo-ceo-david-drumm-found-guilty-of-conspiracy-to-defraud-and-false-accounting-in-72bn-confidence-trick-36965049.html

    Now, speculate on how many years suspended he gets.

    0


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    #52
    Dr Brown
    Registered Users Posts: 1,283 ✭✭✭Dr Brown


    He should be hanged.


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    #53
    sligojoek
    Registered Users Posts: 25,420 ✭✭✭✭sligojoek


    He'll be pulling more than figures out of his ar$e now.


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    #54
    kal7
    Registered Users Posts: 350 ✭✭kal7


    Delighted we have successfully prosecuted a white collar and banker crime. Hope he gets a significant sentence.

    Need to send message to those committing fraud. It does hurt us all. We will be paying via tax for 30years.


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    #55
    Zebra3
    Registered Users Posts: 13,852 ✭✭✭✭Zebra3


    Did he say he was a member of the GAA?


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    #56
    JohnnyFlash
    Registered Users Posts: 7,055 ✭✭✭JohnnyFlash


    Zebra3 wrote: »
    Did he say he was a member of the GAA?

    He’s a passionate St Pat’s fan. Hardly came up in evidence.


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    #57
    DeanAustin
    Registered Users Posts: 3,784 ✭✭✭DeanAustin


    Jesus, some crazy posting in here. Would be willing to bet that this time yesterday if a thread had been posted about the verdict being imminent, we’d have had the same hysteria about “the likes of him never get found guilty.”

    Let’s see what sentence he gets and the rationale behind it before descending into a thread of comments which mostly belong on the Daily Mail website.


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    #58
    James Brown
    Closed Accounts Posts: 16,015 ✭✭✭✭James Brown


    Zebra3 wrote: »
    https://m.independent.ie/irish-news/courts/former-anglo-ceo-david-drumm-found-guilty-of-conspiracy-to-defraud-and-false-accounting-in-72bn-confidence-trick-36965049.html

    Now, speculate on how many years suspended he gets.

    Can only attend the K Club if signed in by another member?


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    #59
    Zebra3
    Registered Users Posts: 13,852 ✭✭✭✭Zebra3


    JohnnyFlash wrote: »
    He’s a passionate St Pat’s fan. Hardly came up in evidence.

    Really??? :o

    Anyway, AGS claimed he’s a flight risk. Judged released him on humanitarian grounds. :rolleyes:

    https://m.independent.ie/irish-news/courts/former-anglo-ceo-david-drumm-facing-unlimited-maximum-jail-term-as-hes-found-guilty-of-conspiracy-to-defraud-and-false-accounting-36965049.html


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    #60
    skearnsot
    Closed Accounts Posts: 499 ✭✭skearnsot


    Wanderer2010 wrote: »
    Does anyone really think, based on our awful track record, that this banker is going to get a sentence? Its Ireland, where absolutely nobody is accountable and on the rare occasion a "higher-up" of society is arrested and charged, it will eventually come to nothing. He will get a little slap on the wrist, 5 years suspended and off he goes with his millions still stashed somewhere.

    Just like the smear test scandal, blood scandal etc. absolutely NOBODY gets jail and the lawyers fatten their nests on bloated public enquiries which have no teeth.

    And probably a seat on some committee or other (paid of course)


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    #61
    Wanderer2010
    Registered Users Posts: 6,668 ✭✭✭Wanderer2010


    Wheeliebin30 wrote: »
    Yeah you’re quite wrong actually.



    https://www.google.com/amp/s/www.irishtimes.com/business/financial-services/anglo-trial-three-ex-bankers-jailed-over-7bn-fraud-1.2738637%3fmode=amp

    Anglo trial: Three ex-bankers jailed over €7bn fraud

    Former Anglo Irish Bank executive Willie McAteer has been sentenced to three and a half years in jail while his Anglo colleague John Bowe was given a two year term.

    Denis Casey, the former group chief executive of Irish Life and Permanent, has been jailed for two years and nine months.

    Give me a break they were just patsies thrown to an angry nation out for blood. Did Fingleton get jail? Nope. All the people who made up the figures to spin to the government that we "needed" the bank guarantee, where are they? Still in their plush offices counting their fat bonuses.

    If Drumm got a sentence I would literally be amazed.Suspended one at most.


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