Anglo Irish Bank controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2009
Investigation into lending practices
Gardaí searched Anglo Irish offices as questions intensified over governance, connected lending and the bank's role in the Irish banking crisis.
2009
Connected borrowers and property lending
The bank faced criticism over large exposures to entrepreneurs and associated groups, including borrowers linked to EMPG and the Quinn group, and over lending secured by assets whose value fell sharply.
2009
Mainland Ventures hotel-fund litigation
Investors sued Anglo Irish and its Delaware subsidiary Mainland Ventures Corporation over alleged concealment connected with a hotel investment fund. The referenced material describes the case as pending at the time.
2008
Loans to directors and reporting controversy
Loans to chairman Seán FitzPatrick and board member Lars Bradshaw were used to acquire Anglo Irish shares. FitzPatrick transferred loans before year-end audits, causing published director-loan figures to understate the amounts outstanding. The controversy led to resignations and regulatory scrutiny.