David Drumm will appear before Boston court today

Former Anglo Irish Bank chief executive David Drumm could face 33 criminal charges in Ireland if the authorities succeed in extraditing him from the US.

Drumm is charged with 33 criminal offenses related to the failure of the bank he led from January 2005 to December 2008, according to a complaint filed by the USA attorney in Boston, dated October 5.

His wife Lorraine sat a few rows behind the 48-year-old, keeping her eyes on the ground during the majority of the proceedings.

Lawyer for Mr Drumm, Tracey Miner, told the judge that it would take longer to prepare for this extradition case, because it was a “little bit more complicated”, whether, for example, it was done for a “political purpose”. His hands were uncuffed for the brief hearing.

That failed earlier this year when a bankruptcy judge found he had lied about the transfer of around €1m in cash and other assets to his wife Lorraine.

Ms Miner said her client would be seeking bail on Friday and put it to the court that detention wasn’t a “fait accompli”.

A separate hearing was scheduled for November 10 to establish a schedule for the extradition case.

According to a report in The Irish Times, Drumm submitted a statement saying he “apologizes to every person in Ireland personally and financially affected by the banking crisis and to the staff who committed to the bank for their job losses and personal and financial hardship”. Drumm is appealing the decision.

“The lending was not done in the ordinary course of the bank’s business as it was motivated by the bank’s attempt to unwind Quinn’s CFD position and to stabilise its share price”, Burkart alleges.

– Forgery and falsification of loan agreement letters created to provide a bogus front for those share purchases totaling 451 million euros, or $513.6 million. Anglo presented this money as a corporate deposit in an effort to bolster its books.

Most of the charges carry maximum penalties of five to 10 years imprisonment each upon conviction, but the warrant says a conviction for conspiring to defraud shareholders “carries a maximum sentence of an unlimited term of imprisonment”.