Friday 20 April 2018

Bertie Ahern associate Des Richardson named as tax defaulter

Des Richardson
Des Richardson
Cormac McQuinn

By Cormac McQuinn

A FORMER aide of ex-Taoiseach Bertie Ahern has appeared on the Revenue Commissioner's latest tax defaulter's list for a settlement of more than €100,000.

Businessman and former Fianna Fail fundraiser Des Richardson has been named on the defaulter's list for under-declaration of income tax and capital gains tax.

A Revenue Commissioners investigation found that Mr Richardson owed €38,251 in tax and a further €51,529 in interest.

Mr Richardson has been hit with another €19,126 in penalties bringing the total settlement to €108,906.

The businessman was a prominent figure in the long running Mahon Tribunal into planning matters in Dublin.

Revelations about Mr Ahern's chaotic personal finances that emerged at the tribunal contributed to his decision to resign as Taoiseach in 2008.

Mr Richardson has challenged the tribunal's findings that he failed to disclose the source of tens of thousands of euro held in a bank account as "wholly erroneous".

He said he was never asked about the source of the funds in the account known as the Roevin account when he appeared at the tribunal.

The tribunal heard that, in 1993, funds from a company called Roevin Ireland Ltd were used to purchase a bank draft paid to Mr Ahern.

According to Revenue settlements and determinations in the last quarter of 2012 totalled €27.72m.

Of the 135 cases published today, 68 were for amounts exceeding €100,000, of which nine exceeded €500,000 and five of those exceeded €1,000,000.

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