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Anglo probe extended

THE High Court has extended for another year the investigation by the Director of Corporate Enforcement into the 2008 collapse of the former Anglo Irish Bank.

The director had sought a three-year extension of orders allowing retention of documents seized from the bank for the investigation, which began four years ago.

Mr Justice Peter Kelly said he would extend the orders for one year to January 17, 2014, as he was anxious a three-year extension would not give rise to any reduction in the "intensity" of the probe. He was not suggesting such a reduction in intensity would happen, he stressed.