Tax dodgers who have still not disclosed their off-shore accounts will be named and shamed, the Revenue Commission warned today.
Revenue chairman, Mr Frank Daly told the Dail's Public Accounts Committee that the Revenue would be making High Court orders to identify those who failed to reveal their cash stashes during the voluntary disclosure period.
Mr Daly said: "Individuals identified during this phase will face additional penalties, will also face publication and will be considered for prosecution.
"Nobody should be in any doubt about our intention to follow through on this investigation."
The PAC, which is chaired by Fine Gael TD Mr John Perry, heard applications will be made to the High Court in the autumn to make the financial institutions disclose the full lists of account holders.
Mr Perry said: "They are doing a very good job there has been positive reaction to the off-shore accounts investigation.
"There are no hiding places for financial institutions now. I think they have indicated the next module to dealing with people who didn't avail of the opportunity to disclose. It is hard to quantify that figure."
The Sligo/Leitrim TD said the investigation has been very effective and they are now using all the legislative power available.
Some 14,000 people came forward during the voluntary disclosure period for off-shore accounts to the end of March last and €677 million was collected in unpaid taxes.
Mr Daly told the committee that €1.5 billion euro has been gathered from the other major investigations including the tribunals.
The bogus non-resident accounts have yielded €759 million, the National Irish Bank/Clerical Medical Insurance investigation has brought in €51 million (#34m), the Ansbacher investigation has gathered €43 million and the Moriarty and Mahon tribunals €25 million.
Mr Daly said the overall investigations had yielded over half a billion euro since he last reported to the committee at the end of March.
The TDs heard as a result of a Deposit Interest Retention Tax investigation, Anglo Irish Bank paid over €3 million in liabilities to the Revenue Commissioners yesterday.