This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.
You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/northern_ireland/7965208.stm
The article has changed 5 times. There is an RSS feed of changes available.
Version 1 | Version 2 |
---|---|
Bank laundering jury is to retire | Bank laundering jury is to retire |
(about 3 hours later) | |
The jury in the trial of a man accused of laundering money from the £26.5m Northern Bank robbery is to retire to consider its verdict later. | The jury in the trial of a man accused of laundering money from the £26.5m Northern Bank robbery is to retire to consider its verdict later. |
Irish prosecutors claim Ted Cunningham, 60, knew that more than £3m traced to him was from the December 2004 robbery. | Irish prosecutors claim Ted Cunningham, 60, knew that more than £3m traced to him was from the December 2004 robbery. |
Mr Cunningham of Farran, County Cork, has denied 10 money laundering charges. | Mr Cunningham of Farran, County Cork, has denied 10 money laundering charges. |
The financial adviser said £2.3m found in the basement of his home in February 2005 came from the sale of a gravel pit in Offaly to Bulgarian businessmen. | The financial adviser said £2.3m found in the basement of his home in February 2005 came from the sale of a gravel pit in Offaly to Bulgarian businessmen. |
Irish police claimed that, under interrogation, the money lender said he was given £4.9m from an unidentified male in a Northern Ireland registered car, whom he met on four occasions. | Irish police claimed that, under interrogation, the money lender said he was given £4.9m from an unidentified male in a Northern Ireland registered car, whom he met on four occasions. |
COURT BACKGROUND Ted Cunningham said the Bulgarians did not want to invest in banks in their own country, because they "were run by the Russian mafia". | |
Throughout the trial the prosecution made clear it didn't believe a word of the Bulgarian story. | |
Read Shane Harrison's piece here | |
Throughout the trial, Judge Cornelius Murphy read Cunningham's interview notes to the jury, in which he denied any involvement with the IRA or laundering money from the Northern Bank robbery. | Throughout the trial, Judge Cornelius Murphy read Cunningham's interview notes to the jury, in which he denied any involvement with the IRA or laundering money from the Northern Bank robbery. |
"There will be another hour or two of my summary and then after that at some stage you will retire to consider the evidence," Judge Murphy said on Wednesday. | "There will be another hour or two of my summary and then after that at some stage you will retire to consider the evidence," Judge Murphy said on Wednesday. |
He warned the five men and seven women to bring an overnight bag "just in case". | He warned the five men and seven women to bring an overnight bag "just in case". |
The £26.5m was stolen in the Belfast bank robbery by a gang who kidnapped assistant manager Kevin McMullan and his wife Kyran, taking her to an undisclosed location while he was forced to steal the money. | The £26.5m was stolen in the Belfast bank robbery by a gang who kidnapped assistant manager Kevin McMullan and his wife Kyran, taking her to an undisclosed location while he was forced to steal the money. |
Poleglass man Chris Ward was acquitted of involvement in the robbery in October last year. Police had alleged the bank employee - who was also kidnapped - was an inside man for the gang. | Poleglass man Chris Ward was acquitted of involvement in the robbery in October last year. Police had alleged the bank employee - who was also kidnapped - was an inside man for the gang. |
The haul included £17.5m of uncirculated Northern Bank currency, which could be traced through serial numbers, and £8.85m in used notes from the four major banks in Northern Ireland. | The haul included £17.5m of uncirculated Northern Bank currency, which could be traced through serial numbers, and £8.85m in used notes from the four major banks in Northern Ireland. |