DUBLIN—Authorities in Ireland have arrested and charged Sean FitzPatrick, the former chairman of Anglo Irish Bank Corp., the most senior executive to face serious charges in a long investigation into Ireland’s most notorious lender that helped push the country into its huge debt crisis.

A Dublin court heard that Mr. FitzPatrick was arrested early Tuesday at Dublin airport after his return on an inward flight from overseas. He is indicted with helping the bank provide funds to individuals to help purchase shares in the bank. He is expected to be released on bail ahead of the next court hearing in early October.

Associated Press

Source: Wall Street Journal