Social Democrats TD Eoin Hayes suspended from party after revealing he sold shares in firm that supplies Israeli military a month after he was elected

Mr. Hayes stated, 'I had 7,000 shares in the company, all of which dated from my employment nearly a decade ago, and sold them in July 2024 for a pre-tax figure of €199,000.' This provides insight into the financial context of his actions before his suspension.

Social Democrats deputy leader Cian O'Callaghan emphasized, 'This is a serious matter. It is imperative that the media, who hold politicians to account on behalf of the public, can rely on the information they receive from elected representatives.' This highlights the accountability expected from public officials.

Mr. Hayes admitted, 'Earlier today, during a press conference, I stated I had sold the shares before I entered politics. This was not true. It was a month after I was first elected.' This admission points to the importance of transparency among politicians.

Mr. Hayes further clarified, 'Throughout the course of the past year, Palantir's support for the Israeli military has markedly increased,' which provides a backdrop to the sensitive nature of the company's contracts and his financial dealings.

Read at Irish Independent