Oireachtas Joint and Select Committees
Thursday, 13 October 2016
Public Accounts Committee
2014 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9 - Office of the Revenue Commissioners
Chapter 12 - Tackling Fuel Laundering
Chapter 15 - Taxpayer Compliance
2015 Revenue Accounts
9:00 am
Mr. Niall Cody:
That is where it starts, which means that we control the top of the chain. In our supply chain analysis, we are working on improving the IT systems because we want to visualise the fuel starting in the tanker and being tracked to its final destination. Previously, fuel used to get diverted to some barn or other, get washed and then be returned to the chain. We have a reckless trading provision as well as co-operation and feedback from the legitimate trade. In 2011 and 2012, legitimate traders were concerned about what was happening and were forced to provide marked fuel to people whom they were not comfortable supplying because business was being lost. We have defeated the fuel laundering problem and that is the result of the Comptroller and Auditor General's review.
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