Lawlor says he complied with orders on financial affairs

The Dublin West TD, Mr Liam Lawlor, told the High Court yesterday he believed he had now complied with his obligations to produce…

The Dublin West TD, Mr Liam Lawlor, told the High Court yesterday he believed he had now complied with his obligations to produce documents concerning his financial affairs to the Flood tribunal.

"I do not believe that there are any further documents within my possession or procurement at this time which have not been already discovered by me," he said in an affidavit.

However, it might be the case that third parties from whom he had requested documents but who had not yet replied to him or who might have further documents to produce would provide further documents in due course. If that occurred, he was prepared to ensure they were made available.

Mr Lawlor said he believed he had taken his discovery obligations extremely seriously. He did not accept that an affidavit by Ms Marie Anne Howard, solicitor to the tribunal, established the contrary.

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In a 52-page affidavit, Mr Lawlor said no profits, to date, had been generated by him in respect of work done in relation to the Czech Republic. Any payments had been nominal out-of-pocket expenses and/or fees for time, but no profit had been generated in any transaction in relation to the Czech Republic arising from any property he had involvement in to date.

He said the creation of the Rylton Foundation was made at the sole suggestion of the late Mr David Morgan and was funded by him. Mr Lawlor said he did not ask for the foundation to be opened but, in the spirit of the agreement and in anticipation of profits being generated in the Czech Republic, he went along with it. He was not given any documents about the foundation.

He said monies lodged into the Landes Bank by Longwater were the only funds lodged on his behalf to any bank account in Liechtenstein. They were lodged on the strength of a loan agreement negotiated between himself and Mr Morgan.

Mr Lawlor said his primary motive in securing that loan was to secure his family home and discharge existing debts. The funds processed through the Landes Bank which had been shown on statements to the tribunal represented the entire monies held by him now or in the past in any financial institutions in Liechtenstein.