Brendan Mullin, the 'bank for the rich', and the €500k transfer that has never been traced

The trial heard that despite not having a background in banking, Mullin was recruited by Bank of Ireland Private Bank to head up the 'bank for the rich' and bring in high net worth customers

The trial heard defence assertions that despite not having a background in banking, Brendan Mullin (pictured) was recruited by Bank of Ireland Private Bank in 2010 as a 'rainmaker' to head up the 'bank for the rich' and bring in high net worth customers. Picture: IrishPhotoDesk.ie

The theft trial of former rugby star Brendan Mullin heard about the inner workings of the “bank for the rich” and the mystery of a half million euro transfer that over a decade later has never been tracked down.

At the centre of the three-week trial was a company called Spice Holdings, which the court heard Mullin introduced to the private bank and which was sent a €500,000 transfer from Bank of Ireland Private Bank in 2011 that has never been recovered.