Oireachtas Joint and Select Committees

Thursday, 12 March 2015

Public Accounts Committee

Revenue Commissioners Investigation of HSBC Offshore Accounts

10:00 am

Photo of John McGuinnessJohn 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?