Financier awaiting money laundering trial allowed passport

A Cork financier charged with alleged offences linked to the 2004 Northern Bank robbery, has been allowed hold a passport but must notify gardaí of his travel plans.
Timothy 'Ted' Cunningham (aged 63) is awaiting trial at Cork Circuit Criminal Court accused of nine counts of laundering more than £600,000 sterling from the robbery of the Northern Bank in Belfast in December 2004.
He appeared at the High Court sitting at Cloverhill today.
Remy Farrell SC, for Mr Cunningham, told Mr Justice Brian McGovern that an application was being made to change his client's bail conditions, in relation to his passport.
He asked the court to allow Mr Cunningham to have a passport with an undertaking that if he makes any travel arrangements he would notify gardaí.
The request was made with consent of the the State and Mr Justice McGovern agreed to make the order.
Mr Cunningham, who was wearing a dark suit, did not address the court during the brief proceedings.
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