Former Anglo chief executive David Drumm has been arrested in the United States.
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He was detained by US Marshals last night in Massachussetts, on foot of an extradition warrant.
He's due to appear before a federal court on Tuesday.
The 48 year old moved to the US to undergo bankruptcy after he resigned from Anglo in 2008, but his bid was unsuccessful.
Sunday Times columnist Cormac Lucey says Mr Drumm may have been better staying in Ireland to face the music