Courts / Wicklow / Report

Former senior INBS manager tells trial he never met Michael Lynn

Date
2023-11-22
Stage
Trial
Primary locality
Redcross
County
Wicklow

Summary

During the multi‑million euro trial of Michael Lynn, former INBS senior manager Brian Fitzgibbon testified that he had never met or spoken to Lynn in any capacity, contradicting Lynn's earlier claim of repeated meetings. Fitzgibbon, who had the discretion to approve loan facilities when chief executive Michael Fingleton was unavailable, denied approving Lynn's €4.1 million mortgage for the Glenlion property in Howth. He said the loan was ultimately presented to Fingleton, who signed minimal documentation. Lynn, aged 55, faces 21 counts of theft for €27 million stolen from seven financial institutions between October 2006 and April 2007. The trial, presided over by Judge Martin Nolan, continues with the jury hearing evidence from INBS, Danske Bank, Ulster Bank, Rabobank and others regarding Lynn's alleged fraudulent loans. Michael Lynn pleaded not guilty.

Who, what, where, when and why

What: Report matter: Former senior INBS manager tells trial he never met Michael Lynn. Charges or matters: 21 counts of theft in Dublin between October 23, 2006 and April 20, 2007. Procedural stage: trial

When:

Case subjects

Michael Lynn

Accused

Charges: 21 counts of theft in Dublin between October 23, 2006 and April 20, 2007 (Alleged Or Contested)

Plea: Not guilty

Places mentioned

Secondary Mention

Topics

Stage Trial Theft

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