Áine Collins (Cork North West, Fine Gael) | Oireachtas source

I welcome the witnesses here this morning and thank them for attending. I congratulate Mr. Cody on his new appointment and wish him well.

As regards the 19 accounts that were investigated, Mr. Cody said 60% of that revenue, of the €4 million that was recovered, was to do with interest and penalties. Do I take it that the other 40% was due to tax evasion, where money was actually not returned here for taxes - as in profits on which the tax was not paid?