Businessman had €800,000 in off shore accounts, court hears
John Cashell, aged 59, of Stacks Mountain, Kilflynn, Co Kerry, who had been a director of Radley Cashell Business Systems Ltd at Rock St, Tralee, pleaded guilty yesterday in relation to three counts of incorrect income tax returns, in 2001, 2002 and 2003, with regard to undeclared interest on these accounts.
The matter centred on the Isle of Man and subsequently in Switzerland and the banks included the former Close Bank, AIB, and Irish Permanent.