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:

As I said to Deputy Ross earlier, what we had done in 2009 was try to get access to moneys being moved through the Irish banking system to Switzerland or received from Switzerland. This disk seems to include people who lodged money directly or offshore which was transferred to HSB Swiss. These cases do not have that footprint of moving from an Irish bank into HSB Swiss.