A former estate agent has denied threatening a Jackson Way businessman that he would give false and damaging evidence to the Mahon Tribunal unless he was 'cut in' to the Carrickmines land deal.
Today, the tribunal heard how John Caldwell, who admits to having an interest in Jackson Way, said that property dealer Sam Stanley telephoned him after being contacted by the inquiry.
He stated that Mr Stanley said he could either make things difficult for Mr Caldwell and Jim Kennedy by fabricating evidence, or else say he was unaware of anything untoward about the rezoning of the lands.
Mr Stanley, who claims to have been swindled out of his share of the Carrickmines deal, denied ever having such a conversation.
Mr Stanley admitted that he was involved in a sub sale of the lands, as he hoped to buy the 108 acres from owner Bob Tracey for £540,000 but get an extra £1m by selling them onto Jim Kennedy.
Mr Stanley admitted that Mr Tracey did not know about this £1m but said he was aware that Mr Stanley was going to get a commission from Mr Kennedy.
Mr Stanley said this £1m was payment from Mr Kennedy for a number of land deals apart from Carrickmines; these were Cooldrinagh and Ballyowen in Lucan and in Portrane.
A barrister for John Caldwell pointed out that a £5,000 cheque, given to Mr Stanley by Mr Kennedy, bounced when passed on to Mr Treacy. This allowed Mr Tracey to get out of the deal and obtain another £160,000 for his land.
Mr Stanley confirmed that he considers himself to be a rightful beneficial owner of the lands, and is still considering legal action to get his share.
