Lodgements totalling more than £1 million were made to accounts in the Ansbacher deposits linked to Mr Charles Haughey in the four years after he left office, the tribunal heard yesterday.
Mr Haughey left office in June 1992 and the lodgements were made between September 30th, 1992 and December 31st, 1996. A sterling account, code-named S8, was opened on September 30th, 1992. The account was opened with a lodgement of £83,266 sterling, the closing balance from another Ansbacher account held for Mr Haughey.
On November 30th, 1992, there was a lodgement of £108,017, the sterling equivalent of £100,000, which had come from an account in the name of Mike Murphy Insurance Brokers Ltd, Dublin.
The tribunal has been told by Mr Murphy that the money was an investment by a Monaco-based insurance broker, Mr David Gresty, in Celtic Helicopters.
On December 18th, 1992, there was a lodgement of £84,800 sterling, money which came from Mr Ben Dunne. The next lodgement was on October 31st, 1994, and was for £99,993 sterling. This came from Mr Dermot Desmond.
On September 29th, 1995, there was a £168,036 sterling lodgement, the proceeds of investments held for Mr Haughey by a Cayman Islands company, Overseas Nominees, and managed by National City Brokers.
Further lodgements were made to a second Ansbacher sterling account used for Mr Haughey, the S9 account, in the same period. On September 30th, 1992, the account was opened by the transfer of £490,033 sterling, being the closing balance in another Ansbacher account.
On October 1st, 1992, £10,600 sterling was transferred to the account from another account, code-named S, which was used by the late Des Traynor for conducting various transfers of money. On the same date, £703,000 sterling was lodged to the account from an investment account, code-named S7.
Mr Haughey's Ansbacher accounts were used to fund his living expenses, which varied between £260,000 and £434,000 a year during the period.
