O’Callaghan gave Dunlop £70k in one transfer, hears tribunal

CORK-based property developer Owen O’Callaghan gave an instruction to transfer £70,000 to Frank Dunlop’s bank account in Dublin because the lobbyist needed the money immediately, the Mahon Tribunal heard yesterday.

On the same day the money arrived in his Rathfarnham bank account, Mr Dunlop withdrew £55,000 in cash out of which he paid politicians.

The inquiry heard the money was transferred on November 10, 1992, following a phone call from the developer to his Riga company secretary, Aidan Lucey.