Financial adviser charged with laundering 'IRA heist' cash
A financial adviser appeared in court in the Irish Republic today facing ten charges linked to an alleged IRA money laundering racket following the notorious £26.5m (€34m) Northern Bank robbery.
Timothy Cunningham was charged at Cork District Court with having more than £3.5m (€4.5m) worth of sterling and euro cash and cheques from the audacious heist in Belfast, in December 2004.
The 59-year-old money lender, known as Ted, from Farran in Co Cork was charged with trying to launder the money by disposing of it through friends and business associates.
