O’Callaghan can’t account for £10,000 payment

CORK-BASED property developer Owen O’Callaghan can not account for a £10,000 payment made in connection with the Quarryvale project in west Dublin now under the spotlight, the Mahon Tribunal heard yesterday.

It emerged a company cheque made out to Mr O’Callaghan personally in 1991 was later paid on to an unknown party.

Bookkeeper Aidan Lucey, who is company secretary of Riga Ltd owned by Mr O’Callaghan, said he would have made out a company cheque to Mr O’Callaghan in 1991 on his instructions.