Mahon Tribunal hears details of bank account funds

The Mahon Tribunal has heard that there was more than IRE £28,000 in a Bertie Ahern election account two weeks after the 1992 general election.

The account was in the name of Tim Collins, a close friend of the Taoiseach.

A separate Fianna Fáil election account only contained £1,500 pounds at the same time.

The tribunal has also been hearing details from Mr Collins about the mysterious B/T account from which Celia Larkin received a £30,000 loan in 1993.

The account had £7,285 lodged in it when it was opened in 1989.

Mr Collins said this was a "sinking fund" or rainy-day account so that if anything happened to Mr Ahern, the trustees of his office would not be liable for debts.