Customers at National Irish Bank have paid £11 million to the Revenue Commissioners following investigations into their "offshore" investments.
This week the Revenue hopes to lodge an application before the courts for permission to examine the Ansbacher bank accounts of Irish residents disclosed in the McCracken tribunal report. This would allow it to pursue the depositors for tax owed.
The Revenue chairman, Mr Dermot Quigley, said some 422 cases of offshore investments made by NIB customers have come up for investigation. Some 121 cases have been settled involving payments of £5 million.
About 11 cases have been selected for investigation with a view to possible prosecution.