Saturday 24 February 2018

Jurors resume deliberations for fourth day in Byrne trial

THE jury in the €52m theft and fraud trial of former solicitor Thomas Byrne will continue its deliberations today having been sent home for a third night.

Byrne (47) of Mountjoy Square, Dublin, is accused of theft and fraud offences totalling €51.8m.

He had pleaded not guilty at Dublin Circuit Criminal Court to 50 counts of theft, forgery, using forged documents and deception between 2004 and 2007. The jury were previously ordered to acquit him of another count due to lack of evidence.

The charges allege Byrne transferred clients' homes into his name and then used them as collateral for property loans. He is also accused of using invalid collateral to fraudulently borrow millions from six financial institutions.

The jury was yesterday sent home for a third night having deliberated for over 11 hours so far.

They have reached verdicts on some of the counts but Judge Patrick McCartan told them to return all the verdicts at once.

Yesterday, on day 25 of the trial, Judge McCartan told the jury that he no longer requires a unanimous decision and will now accept a verdict from a majority of 10 of the jurors.

They are to resume deliberations at 10.30am today.

Irish Independent

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