Dolphin Trust paper trail shows flow of money to ‘DT Cayman’ account

Accounts of related company show €7 million flowed out of Ireland to an account in Britain called ‘DT Cayman’ in a single three-month period

Bank statements show Irish investors’ money gathered through brokers was paid into a Lloyds bank account called DT Cayman where Charles Smethurst, left, was a director and shareholder

The discovery of a trove of documents linked to Dolphin Trust, the collapsed German fund which has left hundreds of Irish investors owed millions, has revealed flows of money to a British account called ‘DT Cayman’.

Lawyers at Coleman Legal, which represents a significant number of investors burnt by the fund’s collapse, are going through boxes of records discovered in the south of the country relating to Dolphin International Group.

Among the contents, they have ...