Both AIB and ACCBank, two of the financial institutions most severely criticised by the Dail Committee of Public Accounts in its report on DIRT tax evasion, declined to comment on revelations that one of the committee members, Mr Denis Foley, held funds in an offshore deposit account.
Both banks were heavily censured in the report for their failure to comply with the legislation on Deposit Interest Retention Tax (DIRT).
The Central Bank, which also came in for criticism in the PAC report, for being insufficiently concerned with ethics and supervision other than from the standpoint of prudential supervision, also declined to comment.