Businessman ‘tried to hide the wages from the asset’ agreement, the court said
The Court has been told that the former head of the Belphafar Law firm tried to hide many pounds of pounds received paid for a large Max of Northern Ireland.
The Ian Coulter, 54, of the templepatrick Road, BallyClare, who became a controlling partner in Tughans, the case linked to the Ireland’s Ages Agency (NEW) in 2014.
He denies five charges, including fraud and transferring criminal property.
Mr Coulter faces a charge, along with Frank Cushnahan, 83, of Alexandra Gate, Holywood, who denies two charges of fraud. Mr Cushnahan used to have fun.
Both men are accused of being linked to portfolio sales of all Northern Ireland’s own managed Northern Illel, after the 2008 financial crash.
Nama’s intention was to take billions of property development debts held by banks in Ireland.
The Northern Irish loan book involved a loan associated together into a major portfolio.
Debt, which called £ 4bn, finally sold in the US investment Fund 2014 for £ 1.1bn.
Mr Cushnahan, showed a court outside Wednesday, and he denies charges against him [Pacemaker]
The “a huge shining toy”
The prosecutor told Mr. Mr.
“As a shiny big toy, he used this £ 1.5m to interfere with partners,” Vindicator Jonathan Kinnear Kc told the Jury.
The court was told that the money was returned later when the partners received conditions where money was received. It is alleged that they were not told the truth before.
On Thursday, the fifth day of the trial, the prosecutor continued its trial.
The prosecutor referred to the investment company, Cerberus, purchased Northern Irish Loan letter from Northbe, “effective funds” are paid for firms in their sales laws, confirmed by April 2014.
Brown Rudnick, the US Legislature of London, received £ 15m approved to give half in Tughans.
‘His story changed “
The prosecutor said Mr Coulter managed money and hid full details from his colleagues.
He allegedly confirmed that he did not enter into the main bank account of Tughans, but the hot company account instead.
Most of the money was referred to the account on a man-owned island, court is told.
When queries begin to be asked in Tughans about the subject, the prosecutor said Mr.
“His story changed, when it was starting with his partners in Tughans,” Mr Kinnear told the Jury.
Some of their meetings between counterparts were recorded and the court was shown by the transcript text of the so-called mention.
The prosecutor said Mr Coulter tried to blame others according to the truth he did.
Mr Kinnear told Jury: “The only person who spoils the work of Mr. Coulter was your.
At a convention, it is alleged that he said: “Every morning I get up, and I’m ‘doing this?'”
The case was held in Belfast Crown
What do you have?
The NAMA is the Irish “Batt Bank” Republic of Ireland, appointed by the Irish Government in 2009 after the financial crisis that started last year.
The role of Nama was to upload unemployed loans found from problems with problems.
Mr Cushnahan and Mr Coulter were both charged with false representation about or about 3 April 2014.
Mr Coulter faces four charges including transmission of criminal property, namely between 15 September and 1 of 2014.
Between 1 April 2013 and 7 November 2013, Mr Cushnahan is accused of dishonest disclosure, that he had a legal obligation to disclose the Irish and four advice committee.
He is accused of failing to inform you that he has given a strong information called the Pimo through the Bill of Northern Ireland Loan Book.
It is alleged that his intention was to find himself or anyone else.
Both men deny all the charges that they face.
The case continues.
