Friday, 13 February 2009

Just how bent are bankers?

The Irish Times is reporting that Phil Flynn, the former Chief Executive of Bank of Scotland (Ireland) was 'Mr Big' behind the money laundering operation after the infamous 2004 Irish bank robbery - where an armed gang stole £26.5m from Belfast’s Northern Bank. Good news for the robbers you'd think - but the haul was almost exclusively Northern Bank notes, which are pretty tough to use outside Ireland or Scotland - so laundering the money was always going to be a key part of the operation...

Mr Flynn is alleged to have stepped in to help them out in laundering £5m of their haul.

Still trust bankers?

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