Firm may get €47m payout from taxpayer

A BRITISH company at the centre of allegations of planning corruption in Dublin has cleared the final obstacle for receipt of a potential €47m payout from Irish taxpayers.

Jackson Way Properties , whose actions were described yesterday by the Planning Tribunal as ‘very strange and cynical’, successfully applied to the Birmingham Circuit Court last week to be re-instated on the British register of companies having been struck off last January for failing to file annual returns.

It clears the way for large compensation from Dun Laoghaire-Rathdown County Council for the compulsory acquisition of its lands at Carrickmines in south Dublin to be used as part of the final leg of the M50 motorway.