Wednesday 7 December 2016

Shane Phelan: Probe followed complex money trail

Colourful cast of a FG fundraiser, land agent, solicitor and accountant

Published 23/03/2011 | 05:00

THE Moriarty Tribunal followed a complex money trail while investigating whether Denis O'Brien gave money to Michael Lowry in return for his help in winning the State's second mobile-phone licence.

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Its inquiries shone a light on the activities of a colourful cast of characters -- including a Fine Gael fundraiser, a northern land agent, an English solicitor and a Dublin accountant -- all with links to both the telecoms mogul and the former minister.

The "money trail" can essentially be distilled down to four separate issues -- a "loan" that Mr Lowry said he received from the late Fine Gael fundraiser David Austin and three separate property deals in the UK.

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