BUSINESSMAN Jim Kennedy faces criminal prosecution after yesterday losing an appeal to stop his trial over alleged corrupt payments for rezoning.
The charges are in connection with the attempted rezoning of land owned by Jackson Way Properties at Carrickmines, Dublin, in 1992 and the successful rezoning of part of these lands in 1997.
Last July, the High Court's Mr Justice John Hedigan dismissed a challenge brought by Mr Kennedy, who denies all the charges against him.
Yesterday, the Supreme Court upheld that decision and dismissed the appeal on a four-to- one majority, clearing the way for the criminal prosecution.
In her judgment, the Chief Justice, Susan Denham, said the businessman had "not established a basis on which his appeal could succeed".
In October 2010, Mr Kennedy was charged with corruption after he attended the High Court to oppose a bid by the Criminal Assets Bureau to seize some of the Carrickmines lands.
He then brought High Court proceedings to try to stop his trial on those charges.
Mr Kennedy, a father of 10 of Queensway Quay, Gibraltar, is facing 16 charges of making corrupt payments to politicians.
His lawyers claimed his trial should be prohibited because there was, among other reasons, an inexcusable delay before charges were brought against him.