Former TD settles bill over undeclared tax

Former Fianna Fáil TD Denis Foley has paid more than half a million euro to the Revenue Commissioners after underdeclaring income tax, it was revealed today.

Mr Foley, from Tralee in Co Kerry, paid €186,646 in tax and €393,354 in interest and penalties in relation to an Ansbacher account, the Revenue Commissioners defaulters list showed.