Anglo-Irish Bank is due to provide further information to the Revenue Commissioners later this month about thousands of non-resident accounts it set up in the 1990s.
The Revenue cleared the bank and its clients of any liability in 2000 after it looked at more than 2,000 non-resident accounts, Mr Frank Daly, the chairman of the Revenue told the Public Accounts Committee yesterday.
Subsequently, it emerged that eight people on the original list provided by the bank availed of the voluntary non-disclosure scheme, while 49 others who were not on the list also did so.
Anglo-Irish Bank was not named during yesterday's hearing, but its chief executive, Mr Seán Fitzpatrick, acknowledged early this month it was in communications with the Revenue on the matter.
He said then that the bank had not sought to mislead the Revenue and he expressed confidence that the bank's position would be proven to be correct when the Revenue's inquiries were concluded.
The identity of the owners of the accounts had been "cleverly concealed from the authorities", said Mr Daly. "It is possible that they were equally concealed from the bank." However, Mr Daly rejected charges that the problems with the so-called "look-back investigation" at the bank raised any questions over its inquiries elsewhere.
In his annual report, the Comptroller and Auditor General noted in June that 62 of the bank's customers had paid €8.7 million in taxes and penalties due on 230 bogus accounts.
