Oireachtas Joint and Select Committees

Thursday, 12 March 2015

Public Accounts Committee

Revenue Commissioners Investigation of HSBC Offshore Accounts

10:00 am

Photo of Joe CostelloJoe Costello (Dublin Central, Labour)
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The position regarding Argentina seems to be completely different from the position in Ireland. While it seems to be existing offshore accounts here, in Argentina they were looking for repatriation of money that came directly from the HSBC branches in Argentina. This committee has been in communication with HSBC here in Dublin and it has indicated it is unable to help the committee. Is the Chairman of the view that none of the funds would have come through the local branch here in Ireland?