Tax debts of €5m forced Haughey to sell up

CHARLES HAUGHEY was forced to sell his Kinsealy home to pay a €5m tax debt to the State, it emerged yesterday.

The disgraced former Taoiseach's Kinsealy estate will be converted into a world-class golf course including a development of 50 to 100 houses, each valued at €2m.

Mr Haughey received €10m as a down-payment on the property to allow him settle a €5m bill with the Revenue Commissioners. Despite agreeing in March this year to settle his bill, sources at the Revenue Commissioners said yesterday that the €5m was still outstanding.