A list of expenses drawn up by the co-director of Century, Mr Oliver Barry, which included the £35,000 payment to Mr Ray Burke, has been described at the Flood tribunal as a "questionable" document.
In evidence, Mr James Stafford, co-director of Century who was later embroiled in disputes over money with Mr Barry, said the fact that the list also included his expenses was "very suspect".
He said his expenses should not have been on the sheet as they were paid by Century separately. "This is a composite list and I'm not happy with it. It is a questionable document."
In the document the May 1989 payment to Mr Burke is marked as a "deposit". It also details the £5,000 donation to Fianna Fail given by Mr Barry and the £2,000 donation to Fine Gael given by Mr Stafford.
Mr Stafford said he knew nothing of the payment to Mr Burke until March 1991 and believed the list of expenses was drawn up in early 1991. He also said he had never claimed back the Fine Gael contribution as an expense.
However, Mr Patrick Hanratty SC, for the tribunal, said the document appeared to have been drawn up in September 1990 as the deal with Capitol Radio was closing.
Earlier, the tribunal heard Mr Stafford say he understood the £40,000, which Mr Barry procured from Century in February 1991 after it had been restructured with Capitol Radio, were genuine costs for managerial services to the company.
Mr Hanratty said Mr Stafford had helped Mr Barry secure the payment and he went over the head of the Capitol accountant to get a board resolution for Mr Barry as he had failed to produce invoices.
Mr Stafford said there was "nothing improper" with the payment of the £40,000 to Mr Barry and he believed Mr Barry would have repaid him a substantial debt out of the money.
Mr Stafford said that when Mr Barry approached him in March 1991 in his office for £40,000 to cover the payment to Mr Burke and the Fianna Fail donation he believed this was a separate amount from the previous £40,000. "Having got that he decided to have another go for another £40,000," said Mr Stafford. "I knew about the £5,000 to Fianna Fail but it was the Burke thing that annoyed me."
Mr Hanratty claimed the Fianna Fail donation had been repaid to Mr Barry in December 1990. "That's why I thought the whole thing was a set-up," replied Mr Stafford.