Courts / Wicklow / Report

Michael Lynn trial jury ready to start considering verdict

Date
2023-12-18
Stage
Trial
Primary locality
Redcross
County
Wicklow

Summary

The jury in the multi‑million euro theft trial of former solicitor Michael Lynn is ready to begin deliberations after Judge Martin Nolan delivered his charge on day 33. Judge Nolan instructed jurors to set aside prejudice and remain dispassionate, noting that most people dislike banks and that reckless behaviour had harmed the state. Lynn, 55, is accused of stealing about €27 million from seven financial institutions between 2006 and 2007, including Bank of Ireland, National Irish Bank, Irish Life and Permanent, Ulster Bank, ACC Bank, Bank of Scotland Ireland and Irish Nationwide Building Society. He pleaded not guilty to 21 counts of theft. The prosecution alleges Lynn obtained multiple mortgages on the same properties without banks knowing other lenders were involved, while the defence claims he had "off‑the‑books" agreements with all banks to use the loan money for overseas property developments, and that the banks were aware of this purpose.

Who, what, where, when and why

What: Report matter: Michael Lynn trial jury ready to start considering verdict. Charges or matters: 21 counts of theft in Dublin between October 23, 2006 and April 20, 2007. Procedural stage: trial

When:

Case subjects

Unnamed accused

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

Related court reports

Read the original CNI report

Correction or retraction request

If a fact, identity, locality or legal outcome needs review, email the newsroom with this report's details prefilled.

Email a correction request