Businessman, 71, jailed for tax evasion

A Dublin businessman who made a record €9m payment to the Revenue for unpaid taxes was today jailed for three months for tax evasion.

A 71-year-old self-made businessman who failed to make tax returns worth more than €9m on behalf of himself and his company is to be jailed for three months, starting at 1pm on Thursday.

Leslie Reynolds (aged 71), of Offington Lawn, Sutton, Dublin, a director of Leslie Reynolds and Company Limited, pleaded guilty to the charge at Dublin Circuit Criminal Court.