Courts / Wicklow / Report

'A simple case of greed and theft': State gives closing speech in Michael Lynn trial

Date
2022-05-26

Stage
Trial

Primary locality
Wicklow

County
Wicklow

Summary

The Dublin Circuit Criminal Court trial of former solicitor Michael Lynn, aged 53, is a multi‑million‑euro theft case. Lynn is accused of stealing about €27 million from seven banks between October 2006 and April 2007, and has pleaded not guilty to 21 theft counts. Prosecutor Patrick McGrath argues that Lynn obtained multiple mortgages on the same properties while banks were unaware of other lenders, and that he fabricated evidence of "secret deals" with bankers. He claims Lynn deliberately introduced a third server to confuse the case and that no emails or payments supporting the alleged deals exist. Lynn's defence, led by Paul Comiskey‑O'Keeffe, maintains that the banks were aware of his loan usage, that the evidence is incomplete, and that Lynn acted within a custom of the Celtic Tiger banking system. The trial continues with the jury to decide on each count.

Who, what, where, when and why

What: Report matter: 'A simple case of greed and theft': State gives closing speech in Michael Lynn trial. Charges or matters: 21 counts of theft in Dublin between October 23, 2006 and April 20, 2007. Procedural stage: trial

When: