Mr. Niall Cody:

Both of my predecessors have been here talking about various aspects of the bogus non-resident accounts, including Ansbacher accounts. I was appointed on 1 February 2015. Two weeks later, the HSBC leak occurred. I was here talking about our success in dealing with HSBC.

I was newly appointed and I had to account for what happened previously, which had me diving deep into the area. Ireland had limited involvement with HSBC Swiss. We had four prosecutions for serious tax evasion linked to the HSBC data. I am talking about the €1 billion versus the €2.5 billion. It was more in number than was the case in the UK, which had a much higher involvement.

Every year, there are serious tax and duty prosecutions. The figure for last year was something like 28.