A Bulgarian investigation into an alleged IRA money-laundering scheme has found no evidence of attempts to launder cash.
The investigation by the country's Financial Intelligence Agency was sparked by media reports that Cork-based moneylender Ted Cunningham and Irish government troubleshooter and businessman Phil Flynn had travelled to Bulgaria in January.
Flynn was a non-executive director of Cunningham's Chesterton Finance, the company at the centre of a garda investigation into IRA money laundering.
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