The following are the various financial institutions examined by the Comptroller & Auditor General, the percentage share of the non-resident deposit market held by each institution as of November 30th, 1998, and any potential DIRT liabilities which may now exist in relation to bogus non-resident accounts held by the institutions in the years between 1986 and 1998.
AIB group
21.4 per cent share of non-resident deposit market.
May owe between £25 million and £35 million in DIRT payments due on bogus accounts.
Bank of Ireland group
18.65 per cent of non-resident deposit market.
May owe £1 million. As of July the matter was still being discussed with the Revenue.
ACCBank
2.49 per cent of non-resident deposit market.
Bank has suggested a liability of £1.4 million (including interest) and has made a voluntary interim payment of £1.349 million. Revenue are considering bank's calculation and awaiting completion of a full DIRT audit.
Ulster Bank
3.46 per cent of non-resident deposit market.
Most pessimistic figure from the bank's financial controller was a DIRT liability of £900,000.
NIB
2.02 per cent of non-resident deposit market.
Bank has made a without prejudice offer of £417,915. No settlement agreed as of July 1st 1999. Bank has made a provision of £1 million.
Irish Permanent
10.62 per cent of non-resident deposit market.
No liability mentioned in Comptroller's report.
EBS
2.3 per cent of non-resident deposit market.
No liability mentioned in Comptroller's report.
First Active plc
2.3 per cent of non-resident deposit market.
Estimate by bank of £1.7 million for period 1994 to 1998, though since discovered more missing documentation and believes final figure may be lower.
Irish Nationwide
1.46 per cent of non-resident deposit market.
No liability mentioned in Comptroller's report.
TSB Bank
1.33 per cent of non-resident deposit market. No liability mentioned in Comptroller's report.
ICC Bank
1 per cent of non-resident deposit market.
No liability mentioned in Comptroller's report.
An Post
0.04 per cent of non-resident deposit market. No liability mentioned in Comptroller's report.
Barclays Bank
3 per cent of non-resident deposit market.
No liability mentioned in Comptroller's report.
GE Capital Woodchester Bank
1.38 per cent of non-resident deposit market. No liability mentioned in Comptroller's report.
Guinness & Mahon (Ireland) Ltd.
0.18 per cent of non-resident deposit market.
Made payment of £52,863, without admission of liability, in respect of accounts in the Ansbacher deposits in October 1998. Revenue did not accept the offer but kept the cheque, suggesting that G&M offer it as a payment on account. No reply from bank as of April 13th 1999.
Other Financial Institutions
Nine engaged in predominately domestic business; four predominately foreign.
28.5 per cent of non-resident deposit market.
No significant liabilities mentioned.
