Father and son on trial in relation to Northern Bank cash
A Cork father and son have gone on trial accused of laundering part of the proceeds of the Northern Bank robbery.
Sixty-year-old Timothy Cunningham, a money lender from Farran, pleaded not guilty to a total of 20 money-laundering charges at Cork Circuit Criminal Court.
Thirty-three-year-old Timothy John Cunningham, who now has an address in Bandon, pleaded not guilty to a total of four charges.
Counsel for the prosecution, Tom O’Connell, said that, on December 20, 2004, it was a notorious fact that £26.5m was robbed from the Northern Bank on Donegal Square West in Belfast and that the accused in this case are charged with laundering part of that money.
A jury is being sworn in to hear the case, which could last for up to 12 weeks.