Former Fianna Fáil TD Mr Liam Lawlor has denied he used loan agreements involving offshore companies to launder money.
Mr Lawlor was being questioned at the Mahon tribunal about an under-the-counter payment of £100,000 he received in relation to the sale of an acre of land in Lucan.
The tribunal alleges Mr Lawlor prepared a draft loan agreement to be used a "vehicle through which to launder" the money.
Mr Lawlor described the assertion as "wholly wrong" and accused counsel for the tribunal, Mr Des O'Neill SC, of "headline seeking" in using the word laundering.
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However, Judge Mahon said to Mr Lawlor when you use "hoops and loops" to avoid money been tracked, "it looks like laundering".
To which Mr Lawlor replied: "I never laundered a penny, Mr Chairman".
The tribunal has established that Mr Lawlor received the £100,000 as a secret cash payment relating to the sale of an acre of land beside his home in Somerton, Lucan to a company owned by two London-based property developers in September 2000.
Earlier, the tribunal heard how Mr Lawlor used headed notepaper taken from a solicitors firm in Prague to falsify an invoice for the payment.
He had previously told the tribunal that he was paid the money for his part in discovering an office building in Piccadilly for the two developers.
