Oireachtas Joint and Select Committees

Thursday, 12 March 2015

Public Accounts Committee

Revenue Commissioners Investigation of HSBC Offshore Accounts

10:00 am

Mr. Niall Cody:

No. I looked at some of these as well because we were looking at the same risk indicators. Some of them have holiday homes in Ireland. Some of them had a correspondence address in Ireland. A lot of these accounts had multiple addresses. What the French administration did was that if there was an Irish address linked to an account - there could have been two other addresses, a UK address or a Switzerland address - they gave us all the information which had a link. There were clearly non-resident people with no real Irish connection. We are not talking about the people who are usually talked about when we are talking about non-residents in this list.