Courts / Wicklow / Report

Jury to continue deliberating in trial of Michael Lynn

Summary

The jury in the Dublin Circuit Criminal Court trial of former solicitor Michael Lynn, aged 53, was sent home after six hours and 35 minutes of deliberation. Judge Martin Nolan directed the jury to return the following morning. Lynn stands accused of stealing approximately €27 million from seven financial institutions between 23 October 2006 and 20 April 2007, facing 21 counts of theft. He has pleaded not guilty. The prosecution alleges that Lynn secured multiple mortgages on the same properties, a practice the banks claimed was common in Celtic Tiger Ireland. Lynn contends that the banks were aware of his multiple loans and that he had "secret deals" with bankers who allowed him to use the loan money for overseas property developments. He also testified that he and former Irish Nationwide chief executive Michael Fingleton were involved in a purported secret profit‑share agreement concerning a property development in Portugal.

Who, what, where, when and why

What: Report matter: Jury to continue deliberating in trial of Michael Lynn. Charges or matters: 21 counts of theft in Dublin between October 23, 2006 and April 20, 2007. Procedural stage: trial

When:

• October 23, 2006 Hearing Or Sentence
• April 20, 2007 Hearing Or Sentence
• 2022-05-30 Publication

Case subjects

Places mentioned

Topics

Stage Trial Theft

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Read the original CNI report