Burke admits he didn't have currency permits

Thursday, March 01, 2001
The Flood Tribunal has heard that Ray Burke broke the law on currency exchange controls in 1985.

Mr Burke admitted he never applied for exchange control permits when he moved £15,000 from London to Dublin and on to Jersey in the Channel Islands.

Mr Burke, who was a Junior Minister in the Jack Lynch-led Fianna Fail government when exchange controls were introduced, said he "freely admits" that he broke the law.

His explanation was that he was deficient when it came to paperwork.