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Anglo Sentence Hearing To Open

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

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.

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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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