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Lawyers for former Anglo executive compare Sean FitzPatrick to captain of 'Costa Concordia'

Lawyers for a former Anglo executive on trial on allegations of defrauding Revenue have compared ...
Newstalk
Newstalk

08.44 27 Jul 2015


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Lawyers for former Anglo execu...

Lawyers for former Anglo executive compare Sean FitzPatrick to captain of 'Costa Concordia'

Newstalk
Newstalk

08.44 27 Jul 2015


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Lawyers for a former Anglo executive on trial on allegations of defrauding Revenue have compared Sean FitzPatrick to the captain of the stricken Costa Concordia ferry.

62-year-old Aoife Maguire of is one of three people accused of trying to hide accounts connected to Mr FitzPatrick.

The jury will consider its verdict tomorrow.

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Lawyers for Aoife Maguire told the court that former Anglo boss Sean FitzPatrick was able to remain in the shadows - while she was left facing these allegations.

The court heard that Mr FitzPatrick was like the Costa Concordia captain - making an early dart for the lifeboat.

Former Chief Operating officer Tiarnan O'Mahoney (56) from Glen Pines, Enniskerry in Co Wicklow, former company secretary Bernard Daly (67) of Collins Avenue West, Whitehall in Dublin and former assistant manager Aoife Maguire (62) with an address at Rothe Abbey, South Circular Road, Kilmainham in Dublin have all pleaded not guilty to seven counts at Dublin Circuit Criminal Court.

Earlier the court heard from Mr Daly’s lawyer - who said the prosecution had misled the jury and was dancing and pirouetting around the evidence.

A closing statement was made by Senior Counsel Sean Guerin on behalf of Bernard Daly.

Mr Guerin told the court that Mr Daly could not have possibly known from looking at a 3,000 row list of accounts sent to Revenue that there was any information missing.

Closing statements

The court heard closing statements from Mr O'Mahoney's senior counsel on Friday.

One of the most extraordinary features of the prosecution of the officials accused of defrauding Revenue is that former chairman Sean FitzPatrick is not on trial instead, the jury was told on Friday.

Brendan Grehan SC, defending Mr O'Mahoney, said in his closing speech that it was Mr FitzPatrick who stood to benefit from the accounts being concealed and no one else.

The jury also heard from the prosecution who described Mr FitzPatrick as "a thread" running through the case but said that he was not the one they have the return a verdict on.

"One of the most extraordinary features of this case is that Sean FitzPatrick is not on a bench over there if the prosecution is right in saying he’s the main beneficiary in all this," Mr Grehan said.

Counsel compared Mr FitzPatrick to "the man on the grassy knoll" or Macavity the Mystery Cat. "His paw marks are everywhere but he's nowhere to be seen. Instead you have Tiarnan O'Mahoney here with others".

Mr Grehan said that there is no evidence that the Revenue suffered any loss from the lack of disclosure of accounts or that Mr O’Mahoney made any gain.

He suggested that the reason Mr FitzPatrick wanted to conceal the accounts may have been because he was moving from the position of CEO to chairman and he wanted to make sure there were no matters which could return to haunt him later, such as allegations of insider trading.

The legal affairs correspondent with the Sunday Business Post, Francesca Comyn, is following the case.

She spoke to Newstalk Breakfast about what happens today.


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