Taoiseach admits accepting 'loans' of almost €50,000

In an emotional interview on RTÉ's Six One news this evening the Taoiseach Bertie Ahern described how a number of close friends and associates loaned him almost €50,000 in two separate payments in 1993 and 1994.

Mr Ahern insists that he accepted the money in the understanding that it would be a loan which he would pay back with interest.