Accused admitted money was from bank, court told

A FATHER and son admitted under interrogation that they knew that millions of Northern Ireland sterling notes in their possession came from the 2004 Northern Bank robbery, the prosecution has claimed.

The claim was made yesterday at Cork Circuit Criminal Court where both men deny money laundering charges.

Timothy (Ted) Cunningham, 60, of Woodbine Lodge, Farran, Co Cork, pleaded not guilty to a total of 20 charges of money laundering arising out of the robbery of £26.5m sterling from the Northern Bank in Belfast on December 20, 2004.