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.
Paw Whelan and Willie McAteer were convicted of ten charges of breaching Section 60 of the Companies Act by lending money to investors to buy shares in Anglo Irish Bank.
The prosecution described it as a share support scheme.
The maximum penalty is 5 years in prison. The two former Anglo Irish Bank directors have been on bail since a jury found them guilty 11 days ago
They were acquitted on six further charges of lending money for the same purpose to family members of former billionaire businessman Sean Quinn.
Their co-accused, former Anglo Chairman Sean FitzPatrick, was acquitted on all charges.
