Category: Documents

David Drumm's response to Anglo

As Simon Carswell outlines in this morning’s Irish Times, David Drumm has responded to Anglo in documents filed in court on Monday. It makes for very interesting reading.

News geeks among you: here are the court documents which flew onto my computer faster than you can say bankrupt. The docuuments are in response to an earlier document submitted by Anglo, outlining their case. It is directly below this one – they need to be read in conjunction with each other.



The case against David Drumm

Ever wonder where stories like this originate? Says Simon Carswell:

From September 2008, as the Irish banking crisis deteriorated, Ms Drumm opened 15 accounts in eight banks in her sole name. Cash was transferred to the couple’s joint accounts or her own accounts, the trustee has claimed.

Mr Drumm has yet to respond to a litany of allegations made by the trustee and Anglo Irish Bank in the bankruptcy proceedings.

Ms Dwyer said in a new complaint filed in the US court that she intends to sell Mr Drumm’s home in the Boston suburb of Wellesley, the property at Stage Neck Road in Cape Cod purchased for $4.2 million and his former home in the Abington estate in Malahide.

She claimed that Ms Drumm gave her husband “a fictitious loan” of $210,000 which was sourced from his earnings. The loan was “a sham transaction” to invest in Mr Drumm’s new business in the US to qualify for a temporary visa, and the funds were used as “a personal piggybank” to spend on his personal finances and “to disguise and conceal the transfers made to Mrs Drumm”.

But how about reading the original document? The document that outlines in extraordinary detail the transfers, amounts, the timeline, the names, the dates – words and phrases like “insider loans”, “improper”, “concealed”, “surreptitious negotiation” and “fraudulently” – all alleged by the bankruptcy official.

I’ve gone and bought the particular document, among others:


Interim report on the Glackin Report

This is the Interim Report on the Glackin Report, written by the Select Committee on Enterprise and Economic Strategy in 1993. It was written after the publication of the Glackin Report (also known as the Chestvale Properties Limited and Hoddle Investments Limited Report). We do like reports.



Reformatory and industrial schools system report 1970

This is the Reformatory and industrial schools system report 1970, which was chaired by District Justice Eileen Kennedy. It is also known as the Kennedy Report.



Grangegorman Board minutes 1956

These are the minutes of meetings of the board of Grangegorman Mental Hospital from 1956.


Grangegorman Board minutes 1954

These are the minutes of meetings of the board of Grangegorman Mental Hospital from 1954.