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Revenue collects nearly €2.3bn from probes

Brian Cowen - Advised by Revenue Commissioners
Brian Cowen - Advised by Revenue Commissioners

The Minister for Finance, Brian Cowen, has told the Dáil that he has been advised by the Revenue Commissioners that, up to the end of February this year, they have collected just over €2.297bn as a result of their special investigations.

He said the three major investigations relating to bogus non-resident accounts, offshore accounts and single premium insurance accounts, make up the bulk of the money recovered.  

The balance is accounted for by recoveries related to the Ansbacher investigation, the NIB/CMI scheme and tribunal related inquiries.