The U.S. Senate Ethics Committee has dismissed a complaint alleging that Sen. Christopher Dodd's Irish cottage was an improper gift from a businessman.

The Connecticut Democrat says the allegations by a conservative group were baseless and politically motivated.

Judicial Watch questioned last year whether the price Dodd paid for the seaside home in County Galway was so low that it amounted to a gift from real estate businessman Edward "Bucky" Kessinger.

The committee said the evidence does not support the allegations. Dodd said in his statement late Wednesday that he appreciates the committee's conclusion.

Tom Fitton, Judicial Watch's president, said Dodd showed potentially criminal behavior. He called the committee's decision "despicable."

Dodd is retiring in January.