March 18th, 2010
Irish police arrest man in bank fraud probe</font>
DUBLIN, March 18 (Reuters) - Irish police have arrested a man in his early 60s as part of an investigation into alleged irregularities at a financial institution.
Irish police have been conducting an investigation into Anglo Irish Bank, which was nationalised in early 2009, and the bank's former chairman Sean FitzPatrick said in December 2008 he had kept shareholders in the dark for years about loans worth 84 million euros ($115 million) he had received from the bank.
Police announced the arrest on Thursday, but declined to name the man arrested or the financial institution.
Anglo Irish declined to comment on local media reports Thursday's arrest was likely to be linked to the investigation into the bank.
(Reporting by Andras Gergely; Editing by Andrew Callus)