A land agent has been warned about his evidence at the Mahon Tribunal after failing to mention a £600,000 holding in the Battle of the Boyne site.
Tim Collins, who is a close associate of Taoiseach Bertie Ahern, was being questioned about his involvement in the rezoning of land at Lissenhall in north Dublin.
Mr Collins said he cannot remember being paid £2,000 by lobbyist Frank Dunlop for introducing him to directors of Rayband Ltd, the company that bought the lands.
Mr Collins said he hoped to get payment from the owner of the company, Joe Moran, if the lands were sold or developed but denied 'ever in his life' receiving a percentage of the land as a finder's fee.
Patricia Dillon, SC, then produced a document showing Mr Collins had a 12.5% shareholding in a company called Deepriver.
He confirmed this shareholding was for finding land in Drogheda for clients and that he had received £600,000 for it.
When asked why he had not mentioned this, Mr Collins said he did not think it was relevant to the Lissenhall module.
Tribunal Chairman Judge Alan Mahon said Mr Collins had an even greater failure of recollection than the tribunal was used to.
He warned Mr Collins this was not satisfactory and that it is his duty to give a truthful and accurate answer.
