Man accused of money-laundering denies changing story

A man accused of money-laundering today denied changing his story from telling detectives he received £2.3m (€2.5m) from Bulgarian businessmen in one drop to telling the jury he received it in six different drops.

Ted Cunningham told the jury that he received the cash in six different drops between October 2004 and February 2005. Prosecution senior counsel, Tom O’Connell, said Cunningham told gardaí on February 17, 2005 that the £2.3m (€2.5m) came in one drop.