‘FF councillor makes €66,000 settlement with Revenue’

A Fianna Fáil councillor in Co Monaghan has reportedly paid the Revenue Commissioners €66,000 in back taxes and penalties.

The councillor in question is Patsy Treanor, who currently sits on the North-Eastern Health Board as a nominee of Health Minister Micheál Martin.

Mr Treanor was also a member of Fianna Fáil’s national executive in the early 1990s.

His troubles with the taxman are likely to create further embarrassment for Fianna Fáil following last week’s revelation that Limerick TD Michael Collins had made a six-figure settlement with the Revenue after being caught evading tax through a bogus non-resident bank account.

According to reports this morning, Mr Treanor has blamed bad financial advice from a bank in the 1980s for his failure to pay his due taxes.