The Complaints Committee of the Chartered Accountants Regulatory Board (CARB), the body established by the Institute of Chartered Accountants in Ireland (ICAI) to regulate its members, has approved the extension, on 22nd July 2009, of the facts and matters involving Anglo Irish Bank plc to be inquired into by Mr. John Purcell, Special Investigator.
The additional facts and matters which are now also to be the subject of investigation by Mr. Purcell are:
The role, if any, of Mr. Sean Fitzpatrick and/or Mr. David Drumm and/or Mr. William McAteer in relation to the management of certain loans made to a number of senior personnel in Anglo Irish Bank plc in 2008.
The extension of the facts and matters to be inquired into follows the determination of the Complaints Committee on 16th March 2009 that the issues under consideration gave rise to questions of public concern in accordance with Bye-Law 71 of the ICAI Bye-Laws.