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Donegal TD says offshore investment legal but unfair

Claire Mulcahy -
Donegal TD says offshore investment legal but unfair

A Donegal TD says rich people investing money in offshore companies denies Irish people better services.

Leaked documents have revealed how Bono under his real name Paul Hewson used a company based in low-tax Malta to buy a shopping centre in Lithuania.

The files - which are being called the 'Paradise Papers' - show how rich and powerful people around the world avoid paying tax by investing overseas.

Sinn Féin's Pearse Doherty says it's legal but unfair:

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[audio mp3="https://img.oceanfm.ie/prod/uploads/2017/11/10doherty-paradise-clip-mmm.mp3"][/audio]

Claire Mulcahy -