Bank would not have approved €2.7m loan had it known of false documents, court told

Michael Lynn is facing 21 charges relating to the alleged theft of around €27m from seven financial institutions, the trial has heard
Bank would not have approved €2.7m loan had it known of false documents, court told

Michael Lynn has pleaded not guilty to 21 counts of theft in Dublin between October 23, 2006, and April 20, 2007. Photo: Collins Courts

A loan exceeding €2.7m would not have been approved if the bank was aware of false or misleading documents being submitted during the application, the multi-million euro theft trial of former solicitor Michael Lynn has heard.

Mr Lynn (53) is facing 21 charges relating to the alleged theft of around €27 million from seven financial institutions, the trial has heard. He denies all charges against him.

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