TaxAdministrationAhern falls on sword over his mystery finances

Ahern falls on sword over his mystery finances

Irish prime minister Bertie Ahern has fallen on his sword over his finances problem and is quitting in May

Bertie Ahern, Ireland’s second longest lasting prime minister, has announced
he will resign both as prime minister and Fianna Fáil leader on May 6 after
being plagued at the Mahon tribunal by allegations over his finances.

The tribunal is examining claims Ahern received more than £100,000 from
businessmen between the late 1980s and mid-1990s, The Guardian
reports.

The tribunal found deposits into his accounts between 1993 and 1994 were more
than two and a half times his salary. Moreover, while he was the minister for
finance between 1991 and 1994, he did not operate a current account.

Ahern might face charges of tax evasion because the court claims one of the
payments was made in dollars, which would have been subject to tax. Ahern has
said it was originally made in sterling.

Further reading:

Ahern faces coalition split over mystery funds

Call to stop Ahern appointing Irish tax chief

Read
story in The Guardian

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