Closing speeches have concluded in the trial of a former solicitor accused of stealing €27m from seven financial institutions.

53-year-old Michael Lynn, with an address at Millbrook Court, Red Cross, Co Wicklow, denies the theft charges.

After three-and-a-half months, closing speeches have now concluded in Michael Lynn’s trial.

In his final address to the jurors yesterday, prosecuting barrister Patrick McGrath accused Mr Lynn of telling the jury a pack of lies in his evidence.

He is accused of stealing the money by taking out multiple mortgages from various banks and building societies on the same properties.

Mr McGrath said this was a “simple case of greed and theft,’ but in his closing speech, Mr Lynn’s barrister Paul Comiskey-O’Keefe said it was the defence’s case that there was a profit-share agreement with the former head of Irish Nationwide, Michael Fingleton.

In relation to the other institutions, the defence claimed they knew what Mr Lynn was doing.

The jury will begin its deliberations after receiving some instructions from the judge.