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/8015614.stm
The article has changed 4 times. There is an RSS feed of changes available.
Version 1 | Version 2 |
---|---|
Ten years for £26m raid launderer | Ten years for £26m raid launderer |
(10 minutes later) | |
The only person so far to have been found guilty of an offence connected to the Northern Bank cash centre robbery has been sentenced to 10 years in jail. | |
Financial adviser Ted Cunningham was found guilty of laundering more than £3m in cash from the £26.5m Belfast cash centre robbery. | Financial adviser Ted Cunningham was found guilty of laundering more than £3m in cash from the £26.5m Belfast cash centre robbery. |
Cunningham, 60, of Farran, County Cork, was convicted at Cork Criminal Court in the Republic of Ireland last month. | Cunningham, 60, of Farran, County Cork, was convicted at Cork Criminal Court in the Republic of Ireland last month. |
A majority of the jury found him guilty on 10 charges. | A majority of the jury found him guilty on 10 charges. |
ROBBERY RAMIFICATIONS By Shane Harrison BBC News, Dublin CCTV pictures in late December 2005 captured the robbery in progress at the Northern Bank in the centre of Belfast. | |
The biggest, at the time, in British and Irish history. | The biggest, at the time, in British and Irish history. |
Twenty six-and-a-half million pounds stolen and an investigation with far reaching consequences. | Twenty six-and-a-half million pounds stolen and an investigation with far reaching consequences. |
The police forces on both sides of the border were in no doubt about who carried it out. | The police forces on both sides of the border were in no doubt about who carried it out. |
Sir Hugh Orde, the Chief Constable of the PSNI, said a month after the raid: "In my opinion the Provisional IRA were responsible for this crime and all main lines enquiry currently undertaken are in that direction." | Sir Hugh Orde, the Chief Constable of the PSNI, said a month after the raid: "In my opinion the Provisional IRA were responsible for this crime and all main lines enquiry currently undertaken are in that direction." |
Read Shane's piece here | Read Shane's piece here |
A gang stole the money from the headquarters of the Northern Bank in Belfast in December 2004 in a raid blamed on the IRA. | A gang stole the money from the headquarters of the Northern Bank in Belfast in December 2004 in a raid blamed on the IRA. |
The money lender 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 money lender 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. |
Cunningham showed no emotion as he realised he would be a pensioner before he is freed from Cork Prison. | |
He stood alone. His wife, Cathy, was not in the court as Judge Cornelius Murphy told him he had involved a number of innocent people in his scam to launder cash. | He stood alone. His wife, Cathy, was not in the court as Judge Cornelius Murphy told him he had involved a number of innocent people in his scam to launder cash. |
"He stored money, he gave money to others to store, bought cars, used money as security, and obtained euro value for the northern sterling," Cork Circuit Criminal Court heard. | "He stored money, he gave money to others to store, bought cars, used money as security, and obtained euro value for the northern sterling," Cork Circuit Criminal Court heard. |
"There's no doubt there was premeditation and planning involved in the offences. | "There's no doubt there was premeditation and planning involved in the offences. |
"He persisted to the end with a concocted alibi." | "He persisted to the end with a concocted alibi." |
Cunningham's 34-year-old son, Timothy, was given a three-year sentence suspended for three years. He pleaded guilty to one offence of money laundering during the 10-week trial in Cork. | Cunningham's 34-year-old son, Timothy, was given a three-year sentence suspended for three years. He pleaded guilty to one offence of money laundering during the 10-week trial in Cork. |
Earlier, the judge said he was merely a pawn in the operation who had taken great courage to plead guilty while his father was still on trial. | Earlier, the judge said he was merely a pawn in the operation who had taken great courage to plead guilty while his father was still on trial. |
The recently-married epilepsy sufferer sighed in relief as he was bound to keep the peace for three years. | The recently-married epilepsy sufferer sighed in relief as he was bound to keep the peace for three years. |
"He was under the influence and direction of his father at the time," said Judge Murphy. | "He was under the influence and direction of his father at the time," said Judge Murphy. |
"He was at no time the originator of the crime." | |
The judge gave Tim Cunningham credit for his remorse and guilty plea, and for returning home from the US voluntarily to face the charges. | The judge gave Tim Cunningham credit for his remorse and guilty plea, and for returning home from the US voluntarily to face the charges. |