Taxman recovers 17m as a result of Tribunal audit

A MAJOR figure under investigation by the Flood Tribunal has reached a 17m settlement with the Revenue Commissioners.

And last night, unions at RTÉ announced that they want the estimated 20 million lost by the station due to the advertising cap placed by Ray Burke in the early 90s to be now paid back.

The 17m settlement is the largest single payment that an individual has reached with the tax authorities as a result of audits which arose from evidence uncovered by the Tribunal's legal team.