I am informed by the Revenue Commissioners that arising from the clerical medical insurance-NIB inquiry, 452 cases have been targeted for investigation. To date, Revenue has collected €48.91 million in tax, interest and penalties as a result of the investigations. This is made up of €44.13 million paid in relation to 285 settled cases and €4.78 million in respect of payments on account, in cases still under investigation. I understand that 110 cases were finalised with no additional liability arising.
In 2003, three cases were prosecuted, with fines being imposed in two cases and a suspended sentence imposed in the other. The individuals concerned have also settled their tax affairs and paid the outstanding tax, together with interest and penalties. A further case is under investigation with a view to prosecution.
Aggregate results of the ongoing investigations have been published each year since 1998 in the annual reports of the Revenue Commissioners. Individual details of settlements have also been published where the provisions of section 1086 of the Taxes Consolidation Act 1997 applied.