ANGLO Irish arrest

This morning Sean Fitzpatrick, the former chairman and chief executive of Anglo Irish Bank, was arrested. There are investigations into the failed bank being carried out by the Office of Corporate Enforcement, the Financial Regulator and the Garda fraud squad. He stepped down as the bank's boss in December 2008 as allegations emerged of circular transactions and hidden loans. Read the story here on RTE. His arrest comes more than a year since investigators seized documents from the bank