Oireachtas Joint and Select Committees

Thursday, 14 December 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Paradise Papers (Resumed): Allied Irish Banks

9:30 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

We are looking at the past. Did it still have legacy customers in 2012? I appreciate that Mr. Byrne was not the CEO of the bank at that time. Did it still have Irish residents as legacy customers in 2012? It is claimed that after the bailout in which we pumped billions of euro into AIB, an offshore entity of that bank continued to have the deposits of customers who were Irish residents in offshore accounts, thereby enabling those people to avoid tax. We know that these were high net worth individuals.

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