Financial advisor remanded on money-laundering charges

A Cork financial advisor who is accused of money-laundering - arising out of the investigation of the 2004 Northern Bank robbery - was back at Cork District Court today and remanded on continuing bail to appear again in a month’s time.

Inspector Michael Comyn indicated that the Director of Public Prosecutions had directed that Timothy Cunningham (aged 59) of Woodbine Lodge, Farran, Co Cork, should face trial by indictment.