Business Technology

Thursday 20 July 2017

'Selling tickets is much easier' - Paddy Cosgrave denies intention to enter Irish politics as he reveals anti-corruption plan

Entrepreneur wants to become an anti-corruption campaigner in Ireland

Websummit Founder Paddy Cosgrave pictured at a Press Confrence in The Shelbourne Hotel.
Websummit Founder Paddy Cosgrave pictured at a Press Confrence in The Shelbourne Hotel.
Websummit Founder Paddy Cosgrave pictured at a Press Confrence in The Shelbourne Hotel.
Paddy Cosgrave Credit: Adrian Weckler
Websummit Founder Paddy Cosgrave pictured at a Press Confrence in The Shelbourne Hotel.
Adrian Weckler

Adrian Weckler

Web Summit founder Paddy Cosgrave says that he want to become an anti-corruption campaigner in Ireland.

However, he denied that he wants to enter Irish politics.

The entrepreneur, who also announced that his financial technology conference MoneyConf would be hosted in the RDS next year, said that Ireland sits "at the bottom of the table" in tackling white collar crime.

"I'm in a position to be able to pick the phone and ask the CEOs of global companies to support this," he told a press conference in Dublin this morning.

Cosgrave said that he plans to get several executives to co-sign a letter urging the Irish government to pass anti-corruption legislation in September.

"If you are serving in public office in any other western country and are found to have accepted a bribe, you're obligated to leave public office," he said.

"This is not the case in Ireland. It can be established as a fact that you have accepted a bribe as a public representative and there is no requirement to leave public office."

Asked to provide examples, he said that Irish defamation law prevented him from expounding further.

Asked whether this meant he plans to enter Irish politics, he replied: "No. Selling tickets is much easier."

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