DUBLIN: Twenty Irish account holders have since made settlements with the Revenue Commissioners worth over €4.5m.
The world of banking is reeling after it emerged financial giant HSBC was helping wealthy customers hide money from the tax authorities.
Details of its private bank in Switzerland were released after a whistleblower leaked information about clients around the world who had been availing of Swiss bank secrecy laws.
A total of 350 people associated with Ireland held 892 accounts with HSBC in Geneva worth a total of €3.1bn.