Closing speeches in Michael Lynn trial told it's 'a simple case of greed and theft' of €27m

Prosecution seeks to persuade jury over a 'fabricated pack of lies', while the defence maintains former solicitor had permission of the banks to take out multiple loans

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

The case against former solicitor Michael Lynn is “a simple case of greed and theft” and he stole millions of euro from the banks “pure and simple”, his multi-million euro theft trial has been told.

But counsel for Mr Lynn told the jury his defence is “straightforward”, that he had the permission of the banks to take out multiple loans and that if more bankers had acted prudently back in 2007 “maybe more of them would be in business today”.