Money laundering trial jury sworn in

A jury has been sworn in for the trial of a Cork financial advisor accused of laundering money arising out of the notorious robbery of the Northern Bank in Belfast in 2004.

Timothy Cunningham, aged 65, of Woodbine Lodge, Farran, Co Cork, was arraigned at Cork Circuit Criminal Court yesterday on a total of nine charges of money-laundering. He pleaded not guilty to all counts. The charges relate mainly to allegedly transferring cash to named individuals.

Tom O’Connell, prosecuting, who said the case concerned over £600,000 (€730,000) outlined the framework of the anticipated evidence for the jury and Judge Seán Ó Donnabháin, making it clear that this outline was not itself evidence.