Results 1,281-1,300 of 7,777 for speaker:Joe Costello

Public Accounts Committee: Investigations by Revenue into Authorised Officers Report (4 Dec 2014)

Joe Costello: Ms Feehily said the combined yield from the Ansbacher investigations and the two spin offs is likely to exceed €250 million.

Public Accounts Committee: Investigations by Revenue into Authorised Officers Report (4 Dec 2014)

Joe Costello: It is confusing.

Public Accounts Committee: Investigations by Revenue into Authorised Officers Report (4 Dec 2014)

Joe Costello: Ms Feehily said, "One Ansbacher-related High Court order resulted in additional yield of €25 million in a spin-off investigation." It was an Ansbacher related High Court order.

Public Accounts Committee: Investigations by Revenue into Authorised Officers Report (4 Dec 2014)

Joe Costello: My second question was whether there was a treasure trove. This project is as late as 2009 and is ongoing. This indicates that, having worked on it since 1998 or 1999, and before it on various matters, and having found a large sum of money that is still out there in the ether, there is reason to believe there is more. How is the investigation? How many people does Ms Feehily have working...

Public Accounts Committee: Investigations by Revenue into Authorised Officers Report (4 Dec 2014)

Joe Costello: In one way or another the document will come into Ms Feehily's possession because the Minister will no doubt forward it to her. Is she prepared to come before us again regarding the matters into which we have inquiring today in order to clarify the situation from her point of view? These are serious allegations.

Public Accounts Committee: Investigations by Revenue into Authorised Officers Report (4 Dec 2014)

Joe Costello: Yes.

Public Accounts Committee: Investigations by Revenue into Authorised Officers Report (4 Dec 2014)

Joe Costello: I take that as a "Yes".

Public Accounts Committee: Investigations by Revenue into Authorised Officers Report (4 Dec 2014)

Joe Costello: To what degree has there been a two-way process between Revenue and the authorised officer? For example, Ms Feehily indicated that her officials and, perhaps, Ms Feehily herself met the authorised officer on a number of occasions. I ask for some idea of the number of such occasions and who initiated the meetings.

Public Accounts Committee: Investigations by Revenue into Authorised Officers Report (4 Dec 2014)

Joe Costello: The engagement was quite extensive. Revenue met the authorised officer, received the microfilm and the huge effort document. A considerable amount of information was communicated to Revenue from the officer, both orally and in documentation.

Public Accounts Committee: Investigations by Revenue into Authorised Officers Report (4 Dec 2014)

Joe Costello: Can Ms Feehily put a figure on the value of that information? She indicated the estimated amount of money forthcoming from the tribunals was €6 million and that the total amount forthcoming from all of Revenue's investigations was €130 million between penalties and the original sums. How valuable was the authorised officer in terms of successfully obtaining an outcome? Can Ms...

Public Accounts Committee: Investigations by Revenue into Authorised Officers Report (4 Dec 2014)

Joe Costello: I presume there was also assistance in other cases.

Public Accounts Committee: Investigations by Revenue into Authorised Officers Report (4 Dec 2014)

Joe Costello: Out of those ten cases, can Ms Feehily indicate the sums of money obtained?

Public Accounts Committee: Investigations by Revenue into Authorised Officers Report (4 Dec 2014)

Joe Costello: Can we say that some of the sums obtained were substantial?

Public Accounts Committee: Investigations by Revenue into Authorised Officers Report (4 Dec 2014)

Joe Costello: It would be fair to conclude that information supplied by the authorised officer was valuable to Revenue's investigations.

Public Accounts Committee: Investigations by Revenue into Authorised Officers Report (4 Dec 2014)

Joe Costello: Would Ms Feehily suggest that the later information was, by and large, already covered and did not lead to further investigations or additional results?

Public Accounts Committee: Investigations by Revenue into Authorised Officers Report (4 Dec 2014)

Joe Costello: I thank the witnesses from the Office of the Revenue Commissioners who are present. In particular, I thank Ms Feehily for her contribution today. It may well be the last time members of the committee see her here. We will do our best to bring Ms Feehily in again before that takes place. She indicated she has not received the documents we received and that they had not been forwarded to...

Public Accounts Committee: Business of Committee (4 Dec 2014)

Joe Costello: I am not going to get into a debate but I agree that is precisely the situation, that there were two options that we had decided to leave until after the Revenue Commissioners had appeared before us. I would like to get a steer for the future in regard to the one categorical statement that had been made to us by our legal adviser, which was that under no circumstances were we to reveal any...

Public Accounts Committee: Business of Committee (4 Dec 2014)

Joe Costello: I am.

Public Accounts Committee: Business of Committee (4 Dec 2014)

Joe Costello: Are we moving away from the issue raised by Deputy Deasy?

Public Accounts Committee: Business of Committee (4 Dec 2014)

Joe Costello: May I add to what Deputy Deasy said? What he described is the factual position and the record should be corrected as this committee has not exhausted all mechanisms for dealing with the dossier which came before it. It was incorrect to seek to put on record that this had been the case. In having representatives of the Revenue Commissioners before us today, we will have the opportunity to...