Oireachtas Joint and Select Committees
Thursday, 12 March 2015
Public Accounts Committee
Revenue Commissioners Investigation of HSBC Offshore Accounts
10:00 am
John McGuinness (Carlow-Kilkenny, Fianna Fail)
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All of this information came about because of a whistleblower who had given it to the French tax authorities. Therefore, if the whistleblower had not done what he did, we would not have this information, as there was no way of getting it. The practice of facilitating these types of accounts would have continued and the reason it would have continued, apart from the whistleblower, is that Mr. Cody would have had no authority to question the bank or pursue it. It is protected by Swiss law in terms of confidentiality. Is that correct?