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Man Arrested In Northern Ireland Bank Robbery

DUBLIN, Ireland -- Detectives charged a man Thursday with laundering money from the 2004 robbery of a Northern Ireland bank, a record-setting theft that authorities blamed on the outlawed IRA.

The unidentified man, to be arraignment later Thursday in Cork, southwest Ireland, is the first person to be charged with laundering some of the 26.5 million pounds stolen from Northern Bank in Belfast in December 2004.

Police said the suspect had been under investigation for the past three years following a string of raids in February 2005 on suspected money-launderers throughout the Republic of Ireland. Those raids netted more than $4.5 million in largely British currency that was thought to have come from the Belfast robbery _ but no one had been charged until now, as detectives spent years trying to document the underground money trail.

Police said a second man suspected of Northern


Added: Mar-22-2008 
By: Guvnor
Tags: north bank robbery, bank robbery, ira
Location: Dublin, Dublin, Ireland (load item map)
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