GARDAÍ HAVE ARRESTED a man in his 60’s as part of the ongoing investigation by the Garda Bureau of Fraud Investigation and the Office of the Director of Corporate Enforcement into alleged financial irregularities at the former Anglo Irish Bank.

TheJournal.ie understands that the man arrested this morning was Seán FitzPatrick, former chair and chief executive of Anglo Irish Bank.

The man was arrested in the Dublin area by gardaí attached to the Office of the Director Corporate Enforcement.

FitzPatrick appeared at court no 1 at the Criminal Courts of Justice on Parkgate St, Dublin 8, this morning.

He appeared in court to face 16 charges in connection with a breach of section 60 of the Companies Act.

He is due to appear before the court again in October.

RTÉ said this morning that FitzPatrick was arrested by detectives at Dublin airport this morning at 5.35am. It is believed he was after arriving into the airport from a flight.

This is third arrest since yesterday morning. It is also FitzPatrick’s third time being arrested as part of this investigation.