The barrister of one of three former bankers who took part in a €€7.2bn conspiracy to defraud has asked for “leniency.

Irish Life & PermanentÂ’'s former CEO Denis Casey will be sentenced on Friday along with former Anglo Irish Bank executives Willie McAteer and John Bowe.

Patrick Gageby, representing Willie McAteer, said his client was not the driving force behind the transactions that made AngloÂ’ Irish Bank's corporate deposits look €€7.2bn stronger than they actually were in 2008.

Meanwhile, counsel for John Bowe said his client had little to do with their execution. Denis Casey'Â’s barrister said he would never have authorised the transactions if he thought they were against the wishes of the financial regulator.

The so-called Green Jersey Agenda was raised as mitigation by all three legal teams.

During the 89 day trial, evidence was heard that the regulator wanted Irish banks to “'circle the wagons”' and protect each other in the face of the global banking crisis.

The court heard none of the men made a personal gain from the conspiracy and all have suffered considerable reputational damage.

Sentences will be handed down on Friday.