revenue investigation-lump sum policies

Just saw on the news that Revenue are to going to investigate lump sum policies from the early 1980's to 2004. They are going to investigate 12 out of 26 insurers.

Any way to find out which 12?

Nothing on the revenue website yet.

In today's Irish Times.

Not directed at any individual posted, but it would be foolhardy in the extreme for anyone to rely on their insurance provider not appearing in the list of 12 as comfort that their tax evasion will not be detected. If the outcome of the investigation of the 12 companies shows a significant level of tax evasion, I would be extremely surprised if Revenue didn't find some way to catch evading customers of the other companies.

I didn't get any clear understanding from the media reports of the nature of the actual tax evasion. Can anyone enlighten me?

very simple rainday. you had say 20k in non taxed money, you invested it in a single premium bond for say 5 years, you got the money back + what ever it had grown to at the end of 5 years, tax paid on the returns inside in the fund, some times this dirty money was brought back in as clean money the person stating it was as a result of bond etc, othertimes left to roll over again and again. NIb had this system that made the news a few years ago. At the time the dirt investigation started I said this would be next and would give a fair guess as to which companies will end up as top of the league for most of these in particular order- IL, aib, boi.