Mr Lynn stood trial in Dublin Circuit Criminal Court this year accused of stealing about €27 million from seven banks between 2006 and 2007. He denied all of the charges against him.
Today, John Berry BL, prosecuting, told the court the Director of Public Prosecutions is seeking a retrial. Mr Lynn, 53, of Millbrook Court, Red Cross, Co Wicklow pleaded not guilty to 21 counts of theft in Dublin between 23 October, 2006 and 20 April, 2007, when he was working as a solicitor and property developer.
The financial institutions involved were Bank of Ireland, National Irish Bank , Irish Life and Permanent, Ulster Bank, ACC Bank, Bank of Scotland Ireland Ltd and Irish Nationwide Building Society.
More taxpayers money on free legal aid- no doubt!Let him represent himself- he’s a trained solicitor after all!
From personal experience of dealing with banks in that time period . A lot of Michael Lynns evidence rang true . There was a culture of fraud in society at large during that period and the major lenders were complicit in that .
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