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Anglo Sentence Hearing To Open

The sentence hearing of two former Anglo Irish Bank directors is due to open today.

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Former Anglo Director of Finance William McAteer and former head of Irish lending, Pat Whelan, were convicted by a jury 11 days ago of providing illegal loans to the Maple Ten to buy shares in the bank in July 2008.

The maximum penalty is 5 years in prison.

Their co-accused, former Anglo Chairman Sean FitzPatrick, was acquitted on all charges.

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