Former banking chief David Drumm was released from prison yesterday after serving three years and four months behind bars.
The ex-CEO of Anglo Irish Bank was locked up for his role in a €7.2billion fraud.
Drumm was released from the low-security prison at Loughan House in Blacklion, Co Cavan at 10.30am yesterday.
He spent two years and eight months in an Irish jail and a further six months in US prisons as he fought extradition.
After he was shipped back to Ireland by auth-orities, he faced 33
charges including forgery, conspiracy to defraud and false accounting linked to Anglo transactions in 2007 and 2008, when it was scrambling to avoid collapse.
He moved with his family to lush Wellesley in Massachusetts in June 2009, half a year after stepping down from the bank.
Drumm was slapped with a six-year sentence in 2018, getting credit for five and a half months served in the US, for his role in the massive fraud.
At the time of his sentencing, Judge Karen O’Connor said Drumm held “a position of trust, when he authorised, directed and was actively involved in this dishonest and fraudulent scheme”.
