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20/03/2008
Men In Court Over £5 million Money Laundering Charge
Two men arrested in connection with money that may have come from the IRA's Northern Bank raid in Belfast, are to appear in court.
Cork Garda arrested the men on suspicion of money laundering offences connected with almost £5 million allegedly sent to the men by the Provisional IRA.
The two men are expected to appear at Cork District Court on Thursday morning charged with money laundering. One of the men will also appear on charges of possessing ammunition.
The arrests are reported to be part of a year-long investigation, which began in February 2005 when £2.4 million was found at a Co Cork home belonging to a financial advisor.
Garda believe that the find was only part of £4.9 million sent to the accused for laundering.
A total of £26 million was taken during the Northern Bank raid in December 2004, much of which is still unaccounted for.
An extensive file on the case was sent to the Director of Public Prosecutions as part of the Garda investigation, code named Pheonix.
See: Northern Bank robbery accused bailed
(DW)
Cork Garda arrested the men on suspicion of money laundering offences connected with almost £5 million allegedly sent to the men by the Provisional IRA.
The two men are expected to appear at Cork District Court on Thursday morning charged with money laundering. One of the men will also appear on charges of possessing ammunition.
The arrests are reported to be part of a year-long investigation, which began in February 2005 when £2.4 million was found at a Co Cork home belonging to a financial advisor.
Garda believe that the find was only part of £4.9 million sent to the accused for laundering.
A total of £26 million was taken during the Northern Bank raid in December 2004, much of which is still unaccounted for.
An extensive file on the case was sent to the Director of Public Prosecutions as part of the Garda investigation, code named Pheonix.
See: Northern Bank robbery accused bailed
(DW)
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12 May 2009
Two Men Arrested Over Northern Bank Robbery Cash
Two men are to appear in court after being arrested yesterday in connection with money laundering of cash taken during the Northern Bank raid in 2004. Gardai in Cork have arrested two men aged 62 and 40-years-old in Cork City yesterday. Last month, Ted Cunningham, 60, was jailed for ten years for his involvement in the robbery.
Two Men Arrested Over Northern Bank Robbery Cash
Two men are to appear in court after being arrested yesterday in connection with money laundering of cash taken during the Northern Bank raid in 2004. Gardai in Cork have arrested two men aged 62 and 40-years-old in Cork City yesterday. Last month, Ted Cunningham, 60, was jailed for ten years for his involvement in the robbery.
02 September 2011
All-Ireland Co-Operation Targets Fuel Gangs
It emerged last night that 11 businesses and homes have been searched in cross-border raids targeting fuel fraud and money laundering.
All-Ireland Co-Operation Targets Fuel Gangs
It emerged last night that 11 businesses and homes have been searched in cross-border raids targeting fuel fraud and money laundering.
05 September 2018
Danske Bank Creates New Posts In L'Derry
Danske Bank is to create 67 new jobs at its new Customer Protection Centre in L'Derry. The centre will complete due diligence checks on personal and business customers, as part of regulatory requirements for all banks to demonstrate an increased responsibility for knowing and understanding how customers operate their bank accounts.
Danske Bank Creates New Posts In L'Derry
Danske Bank is to create 67 new jobs at its new Customer Protection Centre in L'Derry. The centre will complete due diligence checks on personal and business customers, as part of regulatory requirements for all banks to demonstrate an increased responsibility for knowing and understanding how customers operate their bank accounts.
07 August 2003
Northern Bank fined £1.25m for infringing money laundering rules
The Northern Bank has been fined £1,250,000 by the Financial Services Authority (FSA) today for breaches of its money laundering rules. The FSA said that the size of the fine "demonstrates the importance" it attaches to its statutory objective of reducing the chance of regulated firms being used for purposes connected to financial crime.
Northern Bank fined £1.25m for infringing money laundering rules
The Northern Bank has been fined £1,250,000 by the Financial Services Authority (FSA) today for breaches of its money laundering rules. The FSA said that the size of the fine "demonstrates the importance" it attaches to its statutory objective of reducing the chance of regulated firms being used for purposes connected to financial crime.
18 February 2005
Two Derry men arrested during Gardai raids
Two of the seven men arrested in the Republic of Ireland yesterday in connection with the recovery of £3.2 million, are from Londonderry it has been confirmed. The men were arrested during swoops in Cork and Dublin by Gardai in relation to alleged paramilitary funding and money laundering.
Two Derry men arrested during Gardai raids
Two of the seven men arrested in the Republic of Ireland yesterday in connection with the recovery of £3.2 million, are from Londonderry it has been confirmed. The men were arrested during swoops in Cork and Dublin by Gardai in relation to alleged paramilitary funding and money laundering.
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
