DPP investigates whether assets linked to Michael Lynn are benefits of crime from €18m bank thefts

The assets include three bank accounts containing €2.8m, a house in Wicklow and €3m in assets confiscated in Portugal

Michael Lynn was jailed in February for five-and-a-half years for the thefts he carried out at the height of the Celtic Tiger in 2006 and 2007, when he was working as a solicitor and property developer. File picture: Paddy Cummins

The Director of Public Prosecutions (DPP) is investigating whether assets linked to disgraced former solicitor Michael Lynn are the benefits of crime relating to his €18 million bank thefts.

Dublin Circuit Criminal Court heard on Tuesday that the DPP is formally initiating the process of investigating Lynn's assets, including three bank accounts containing €2.8 million that the prosecution believes is linked to him, as well as a house in Wicklow that was purchased by a corporation which is believed to be “strongly” linked to the former solicitor.