Northern Bank raid money laundering conviction quashed
The only person jailed in connection with the Northern Bank robbery in 2004 has had his conviction for laundering £2.4m quashed.
Ted Cunningham, 63, from Farran, Co Cork, appealed against 10 convictions in connection with the £26.5m robbery in Belfast.
The court, in Dublin, has ordered a retrial on the other nine counts on which Mr Cunningham was convicted.
He will be released on bail on a number of conditions pending the retrial.
There will be no retrial on the most serious count, which referred to £2.4m found during a search of Mr Cunningham's house in February 2005.
The section of legislation under which the 2005 search warrant was issued was found to be unconstitutional earlier this year.
The court found that Mr Cunningham was entitled to rely on this Supreme Court judgment because his appeal had not yet been heard when the court found the section of the 1939 Offences Against the State Act to be unconstitutional.
Section 29 of the Act allowed a Garda superintendent to sign a warrant allowing gardaí to enter a suspect's house and make an arrest in a case where it was believed firearms or explosives were involved.
Mr Cunningham will be released on bail on a number of conditions pending the retrial.