The former chairman of Anglo Irish Bank has been arrested by fraud squad officers investigating financial irregularities.
Sean Fitzpatrick was expected to appear in court on Tuesday morning. It is the third time he has been arrested in connection with the investigation. It is understood the 64-year-old was arrested at Dublin Airport.
Fitzpatrick is the third person to be arrested this week in connection with an ongoing investigation into financial irregularities at the collapsed bank.
Former senior executives Willie McAteer and Pat Whelan were charged on Monday with a string of fraud offences over a failed insider trading scam.
They both face up to five years in jail for each of the 16 charges of advising and lending millions to a golden circle of investors to falsely inflate Anglo's share price.
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The bank was nationalised in 2009 amid a devastating financial crisis that forced Ireland to seek an 85 billion euros ($A101 billion)rescue package.
Fitzpatrick resigned after admitting he had failed to disclose up to 87 million euros in loans by moving them in and out of the bank every year for a period of eight years.
