Belfast Telegraph

Monday 1 September 2014

Northern Bank heist launderer to appeal conviction

From money-lender to money-launderer: Cunningham being led away in handcuffs after the trial

A financer jailed for 10 years for his role in laundering the proceeds of the Northern Bank robbery is to appeal his conviction.

At Cork Circuit Criminal Court last month, Ted Cunningham (60) became the first person to be jailed in connection with the record-breaking £26.5m Belfast robbery.

Appeal papers are now set to be lodged on his behalf seeking to have the conviction overturned by the Court of Criminal Appeal.

Cunningham from Farran, Co Cork, was found to have handled more than £3m in stolen bank notes in the two months after the audacious 2004 robbery that has been blamed on the IRA.

The 60-year-old, who ran money-lending and investment firm Chesterton Finance, was found guilty of 10 charges linked to the dirty money racket.

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