On 20 December 2004, £26.5 million was stolen from the Northern Bank in Belfast, Northern Ireland. Having taken family members of two bank officials hostage, an armed gang forced the workers to help them steal banknotes. It was one of the largest bank robberies in the United Kingdom. The police and the British and Irish governments claimed that the Provisional Irish Republican Army was responsible, which was denied. Police forces made inquiries and arrests in Northern Ireland and the Republic of Ireland. A sum of £2.3 million was impounded from a financial adviser, Ted Cunningham, in County Cork; he was convicted in 2009. Chris Ward, one of the bank officials, was arrested in November 2005 and charged with robbery. The prosecution offered no evidence at trial and he was released. Northern Bank replaced its own bank notes. The robbery adversely affected the Northern Ireland peace process and hardened the relationship between the Taoiseach and Sinn Féin. No individual or group has ever been held directly responsible for the robbery. (Full article...)
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