David Drumm guilty

Zebra3 · 06-06-2018 3:30pm #1

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.

hatrickpatrick · 06-06-2018 3:30pm

https://www.irishtimes.com/news/crime-and-law/courts/circuit-court/former-anglo-chief-david-drumm-found-guilty-in-fraud-trial-1.3520015

A jury has found former Anglo Irish Bank chief executive David Drumm guilty on two counts of fraud.
Mr Drumm (51) denied the two offences linked to his running of the failed Irish lender in 2008.
The jurors returned to consider their verdicts at 10.05am on Wednesday at Dublin Circuit Criminal Court, and returned their verdicts on Wednesday afternoon shortly after 3 pm.
The nine men and three women began considering a verdict last Tuesday, day 81 of proceedings, after one of the longest running trials in the history of the State. They have since deliberated for more than seven hours following the 16-week trial at Dublin Circuit Criminal Court.

'Bout feckin' time someone faced justice. Hope spends the rest of his days in prison.

Icaras · 06-06-2018 3:32pm

0 (I hope I'm wrong)

Signore Fancy Pants · 06-06-2018 3:32pm

This post has been deleted.

Donald Trump · 06-06-2018 3:33pm

Chewbacca wrote: »

€150 donation to da poor box and a mandatory weekend in Leitrim.

Poor dote.

Ah heyor. Leave it bleedin' ouh

Whatever he did, it doesn't deserve that.

TheValeyard · 06-06-2018 3:33pm

At last!

Hope he gets a custodial sentence and a roommate named big bubba who likes to spoon.

Jim Bob Scratcher · 06-06-2018 3:34pm

Just as well Martin Nolan wasn't the judge in this case :pac:

Odelay · 06-06-2018 3:34pm

Whoo hooooo! Fantastic news!

super_furry · 06-06-2018 3:34pm

More than two, less than five and those in power will finally be able to point to someone who has actually paid for white collar crime. He’ll serve about a year though.

Are Am Eye · 06-06-2018 3:35pm

Donald Trump · 06-06-2018 3:35pm

Like feckin' buses.

Wait years and then two threads all together.

El Weirdo · 06-06-2018 3:36pm

super_furry wrote: »

More than two, less than five and those in power will finally be able to point to someone who has actually paid for white collar crime. He’ll serve about a year though.

If he gets more than 2 years, he'll serve more than a year.

Zebra3 · 06-06-2018 3:36pm

super_furry wrote: »

More than two, less than five and those in power will finally be able to point to someone who has actually paid for white collar crime. He’ll serve about a year though.

Somewhere cosy too.

shocksy · 06-06-2018 3:36pm

Great news. Hopefully now he gets a nice long prison term.

Odelay · 06-06-2018 3:38pm

Lets hope he has the garlic man judge:)

wexie · 06-06-2018 3:39pm

Murray TheDemonic TalkingSkull wrote: »

At last!

Hope he gets a custodial sentence and a roommate named big bubba who likes to spoon.

I would contribute to a gofundme to make sure bubba is in the rightplace to be honest

Wanderer2010 · 06-06-2018 3:40pm

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.

Wheeliebin30 · 06-06-2018 3:40pm

hatrickpatrick wrote: »

https://www.irishtimes.com/news/crime-and-law/courts/circuit-court/former-anglo-chief-david-drumm-found-guilty-in-fraud-trial-1.3520015

'Bout feckin' time someone faced justice. Hope spends the rest of his days in prison.

There is already people in jail facing justice.

The_Kew_Tour · 06-06-2018 3:41pm

Nice long Jail term please.

Not such bad day after all

Wheeliebin30 · 06-06-2018 3:42pm

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.

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.

evolving_doors · 06-06-2018 3:42pm

If only his family had a few quid to throw his way...

Watch till the end

https://www.youtube.com/watch?v=eDgX8zaLuLo

Are Am Eye · 06-06-2018 3:42pm

Zebra3 wrote: »

Somewhere cosy too.

He won't be in the Joy playing pool with the lads, shooting up H. Shiving Fingleton or one of his gang members.

ArmaniJeanss · 06-06-2018 3:55pm

Does his time on remand in the USA count as part of any sentence?

Dyr · 06-06-2018 3:57pm

Did we ever actually pass and legislation with regards to attempting to bankrupt the state?

It's pretty much the kind of stuff that the offences against the state act was designed

twin_beacon · 06-06-2018 4:06pm

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.

Not a chance of him getting a suspended sentence
Denis Casey, William McAteer and John Bowe got 2-3 years.

https://www.rte.ie/news/2016/0729/805610-bank-executives/

whisky_galore · 06-06-2018 4:09pm

A cute hoor and a coward. What a combination.

gandalf · 06-06-2018 4:09pm

https://www.youtube.com/watch?v=7tCzA0W_KJM

Odhinn · 06-06-2018 4:10pm

What kind of sentences are we looking at? Whats the maximum?

M.Cribben · 06-06-2018 4:18pm

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.

Snickers Man · 06-06-2018 4:21pm

This sort of thing is unconstitutional here, but this is how they dealt with miscreants in Portugal 260 years ago. (Dramatisation based on true events)

He should look at this and think "Phew! Thank God we've got a Pro-Life Constitution after all!"

https://www.youtube.com/watch?v=-gfdaOfMrlw

crashplan · 06-06-2018 4:22pm

Remanded on bail till the 20th of June. Loads of time for him to flee again!

Are Am Eye · 06-06-2018 4:22pm

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.

HandsomeBob · 06-06-2018 4:23pm

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.

flazio · 06-06-2018 4:24pm

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

benny79 · 06-06-2018 4:24pm

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!

Benteke · 06-06-2018 4:28pm

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

whisky_galore · 06-06-2018 4:28pm

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'.

El Weirdo · 06-06-2018 4:29pm

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.

TallGlass · 06-06-2018 4:29pm

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.

DellyBelly · 06-06-2018 4:30pm

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

2smiggy · 06-06-2018 4:33pm

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.

eigrod · 06-06-2018 4:37pm

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

fliball123 · 06-06-2018 4:37pm

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?

2smiggy · 06-06-2018 4:40pm

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

mojesius · 06-06-2018 4:45pm

Deutschland, Deutschland Uber allies

hatrickpatrick · 06-06-2018 4:46pm

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.

jay0109 · 06-06-2018 4:48pm

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.

c68zapdsm5i1ru · 06-06-2018 5:07pm

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.

Benteke · 06-06-2018 5:08pm

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

jetsonx · 06-06-2018 5:10pm

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...

SEPT 23 1989 · 06-06-2018 5:52pm

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

David Drumm guilty

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