Dublin Bay South TD, Mr. Hayes, was suspended by his party last December after it was revealed he sold shares in US software company Palantir after entering politics, contradicting previous statements. A review by the party confirmed incomplete information provided by Mr. Hayes regarding his shareholdings. While his party membership remains unaffected, the TD's indefinite suspension continues, with the possibility of re-admission at a later date.
Dublin Bay South TD gave incorrect statements on sale of shares in software company PalantirLast December, Mr Hayes was suspended from the party with “immediate effect” following the revelation that he sold his shares in a US software company that suppliesThis contradicted information previously given by Mr Hayes to the effect that he had sold the shares in Palantir before he entered politics.
When pressed, Mr O’Callaghan said Mr Hayes could be readmitted at a later date – for which he offered no timeline. The review found Mr Hayes provided incomplete information to the party surrounding his shareholding, and did not disclose the value of the shareholding before running in the general election.
POLITICS SUSPENSION IRELAND SHAREHOLDING TRANSPARENCY
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