Revenue appeals €3m costs court order

The Revenue Commissioners have appealed a High Court order to pay the €3 million legal bill for Irish Life and Permanent and Guinness & Mahon (Ireland) arising from the bogus nonresident accounts scandal.

17th March, 2007

The Revenue Commissioners have appealed a High Court order to pay the €3 million legal bill for Irish Life and Permanent and Guinness & Mahon (Ireland) arising from the bogus nonresident accounts scandal.

The ruling followed a High Court order in 2002 which forced the two banks to provide information about holders of bogus non-resident accounts.

Such accounts were held in Ireland in the 1980s and 1990s by people who claimed to be overseas, and were...

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