The Court of Appeal has reserved judgment on an appeal brought by two former Anglo Irish Bank officials jailed for furnishing false information to the Revenue Commissioners and conspiring to delete bank accounts.

Tiarnan O'Mahoney (56) of Glen Pines, Enniskerry, Co Wicklow, and Bernard Daly (67), of Collins Avenue, Whitehall, Dublin, had denied knowingly furnishing false information and conspiring to defraud the Revenue as well as conspiring to have accounts deleted from the bank's system.

Having been found guilty by a jury at Dublin Circuit Criminal Court, Judge Patrick McCartan jailed O'Mahoney for three years and Daly for two years on July 31st last year. Their co-accused, Aoife Maguire (62), of Rothe Abbey, Kilmainham, Dublin, was was jailed for 18 months but the Court of Appeal quashed her sentence last December, imposed a nine-month sentence in its place and suspended the balance, releasing her from prison.

O’Mahoney, who had been second in command at the bank and Daly, its former company secretary, opened appeals on Monday.

After hearing oral submissions for five days, Mr Justice George Birmingham, who sat with Mr Justice Garrett Sheehan and Mr Justice John Edwards, said the court would reserve judgment. Mr Justice Birmingham said judgment may take some time given the multiplicity of issues and the vast number of grounds for appeal.