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Saturday, 23 February, 2002, 12:31 GMT
Three remanded over bank theft
Three men have appeared in court in Belfast in connection with the theft of nearly 900,000 from the Ulster Bank.

The court was told the money should have been incinerated, but went missing from the bank's cash centre at Waring Street in Belfast.

The men appeared at Belfast Magistrate's Court on Saturday.

The court was told that Paul O'Hare, 38, from Linden Gardens in Belfast, Andrew William Godfrey, 41, from Hampton Park, Bangor, County Down and Liam Sean O'Rawe, 40, from Downfine Park in Belfast had stolen old notes and attempted to hide them in bank and building society accounts.

The three are employees of the Ulster Bank. Two were arrested at work on Friday and the other at home.

They each face a total of three charges - two of theft and one of money laundering.

The theft charges relate to the theft on Thursday of more than 130,000 from the Waring Street cash centre.

The second charge relates to the theft of 750,000 from the same location between November 2001 and February this year.

Bail applications on behalf of all three were adjourned until Tuesday.

The officer in charge of the case, Detective Sergeant Margaret Connor from the Economic Crime Unit, objected to bail because about 250,000 was in still bank and building society accounts.

She said the unit was in the process of acquiring a restraining order to freeze these accounts, but this would take a number of days.

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 ON THIS STORY
BBC NI's Shane Glynn:
"The court was told the money should have been incinerated"
BBC NI's Shane Glynn:
"The court heard the money should have been incinerated"
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