Revenue gets court orders against financial firms

The Revenue Commissioners obtained six High Court orders against financial institutions last week as part of its ongoing investigation into life insurance policies.

29th July, 2006

The Revenue Commissioners obtained six High Court orders against financial institutions last week as part of its ongoing investigation into life insurance policies.

The Revenue has now secured a total of 11 High Court orders against life assurance companies in the investigation, which will force the institutions to hand over the details of customers who invested in the life assurance products known as single premium policies.

About 50,000 holders of single premium policies started to receive...

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