Sir, - If the recommendations of the Public Accounts Committee are implemented, financial institutions will face heavy penalties on the grounds that they aided and abetted tax evasion.
In the interest of equity, will similar penalties be applied to the politicians who were responsible for the tax amnesties which not only aided and abetted massive tax evasion but, almost certainly, also enabled criminals to legitimise the proceeds of their crimes? I, for one, will not be holding my breath. - Yours, etc.,
M.D. Kennedy (Mr), Silchester Park, Glenageary, Co Dublin.