Mr Padraig Collery has admitted giving the Kerry North TD Mr Denis Foley "incomplete" information on the state of his offshore deposits when they met at Dublin Airport in August 1998.
The former Guinness & Mahon banker told the tribunal that Mr Foley had requested the meeting because he was "getting his affairs in order" and wanted information on an account he had held at Guinness & Mahon bank.
He said Mr Foley "was trying to work out where did the funds on this account go . . . he seemed to recall that he gave them to Mr [Des] Traynor to look after."
Mr Collery, who told Mr Foley he had just returned from the Cayman Islands and had discussed his offshore account with him, neglected to tell Mr Foley that a deduction of £5,000 had been made from the account.
This was one of a number of deductions made on Ansbacher accounts which went towards paying the legal fees Cayman banker Mr John Furze had incurred in a successful challenge to the McCracken tribunal in 1997.
Mr Collery said he never informed Mr Foley, or any other Ansbacher depositors, of these deductions because they were the sole responsibility of Mr Barry Benjamin, who had taken over the operation of the deposits after Mr Furze's death in 1997.
While he assisted in calculating the deductions and providing background information on the depositors, Mr Collery said Mr Benjamin had the final say in relation to who paid what.
The tribunal was shown a list of 10 unnamed accounts from which deductions, ranging from £2,000 to £15,000, were made to pay the fees, totalling more than £57,000. Mr Collery admitted his was one of a number of accounts from which no deductions were made.
Asked why this was so, Mr Collery replied: "I felt I had incurred enough personal time and expense and I didn't see why I should be incurring any more incurred by John Furze."
