Lowry claims contradict own evidence

Confirmation from Independent TD Michael Lowry that he paid up to £250,000 (€285,000) to a land agent directly contradicts evidence he supplied to the Moriarty Tribunal.

Lowry claims contradict own evidence

Mr Lowry told the tribunal he only ever agreed a £65,000 settlement — and that it related to Vineacre Ltd, an English property firm in which he had a 50% share. However, in a statement last night, following the publication of transcripts from a taped conversation between Mr Lowry and the agent Kevin Phelan, he gave a different version.

This statement said another payment, referred to in a Sunday Independent article, was made on his behalf by his Irish firm, Garuda Limited. “That transaction was properly recorded and accounted for in the records and accounts of Garuda Limited,” said the statement. “The payment referred to is fully tax compliant… I never had any direct or indirect shareholding or beneficial interest in Doncaster Rovers or its associated companies.”

Already a subscriber? Sign in

You have reached your article limit.

Subscribe to access all of the Irish Examiner.

Annual €130 €80

Best value

Monthly €12€6 / month

More in this section

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited