The Report on Anglo trial collapse may never be made public


The full reasons why the trial of former Anglo Irish Bank chairman Seán FitzPatrick collapsed may never be made public after a State watchdog decided to withhold a lengthy report on the case.

Director of Corporate Enforcement Ian Drennan has withdrawn his offer to provide a 415-page report on the case to an Oireachtas committee because it could not give him guarantees he wanted to legally protect him and his office from “litigation risk and associated financial exposure”.

Mr Drennan offered the report to the Joint Oireachtas Committee on Business, Enterprise and Innovation to help it understand why the trial collapsed as part of its scrutiny of new legislation strengthening its powers.

He had warned about the risk and cost of litigation from individuals named in the report and engaged in lengthy correspondence with the committee in recent weeks seeking legal immunity.

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