Father and son admit that they knew sterling notes came from bank robbery
A father and son admitted under interrogation that they knew that millions of sterling notes in their possession came from the 2004 Northern Bank robbery, the prosecution claimed today as the men went on trial where they denied all the money laundering charges against them.
Timothy (Ted) Cunningham (aged 60) of Woodbine Lodge, Farran, Co Cork, pleaded not guilty at Cork Circuit Criminal Court to a total of 20 charges of money laundering arising out of the robbery of £26.5m (€28.6m) from the Northern Bank in Belfast on December 20, 2004. His son, Timothy John Cunningham, 33, Church View, Farran, County Cork, denied four similar charges.