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Northern Bank cash laundering: Ted Cunningham gets suspended sentence

Ted Cunningham changed his plea to guilty on two charges
Image caption Ted Cunningham changed his plea to guilty on two charges

A financial adviser who admitted laundering cash from the £26.5m Northern Bank robbery in Belfast has been given a five-year suspended sentence.

Ted Cunningham, 65, of Farran, County Cork, had protested his innocence of the charges for almost a decade.

On the fourth day of his retrial at a Dublin court he changed his plea.

He was given a suspended sentence as he already served three years after being convicted at his original trial.

This conviction was quashed in 2012 and the judge ordered a retrial.

Earlier this month, Cunningham pleaded guilty to laundering a total of £275,400 and receiving cheques totalling 200,000 euros (£165,000).

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