Thursday 29 September 2016

Fine Gael TD - 'I forgot to declare firms for two years'

Published 04/12/2015 | 02:30

Fine Gael’s Deputy Tom Barry said it was an ‘oversight’
Fine Gael’s Deputy Tom Barry said it was an ‘oversight’

A Fine Gael TD did not declare three companies he owns in the Dáil's official register of members' interests for two years, the Irish Independent can reveal.

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Cork East TD Tom Barry, who runs a successful farming business in Mallow, established three companies in 2013 - but only registered them with the Dáil in recent weeks.

Mr Barry yesterday said his delay in declaring the companies was an "oversight" and insisted no transactions have gone through any of the firms since they were set-up.

"I'm moving from a sole trader to becoming a limited company and genuinely forgot to register them," he told the Irish Independent.

He said once he became aware of the oversight, he contacted the Houses of the Oireachtas and declared the companies.

Mr Barry registered the companies - Biogold Limited, Biogold Properties Limited and Biogold Agri Limited - with the Oireachtas in recent weeks.

The amendment to the register was listed in the State's official records publication Iris Oifigiúil on November 24 and the changes will be updated on the Oireachtas website.

Members are permitted to update the register at any time and Mr Barry has not broken any rules.

Accounts have not been filed for two of the companies, while the most recent accounts lodged with the Companies Registration Office by Biogold Limited, which were audited by Deloitte & Touche, show no transactions for 2014.

Last year's Dáil register of members' interest shows Mr Barry is a director of a management company relating to nine houses and apartments he owns in Cork.

He is also the owner of several agricultural sites and employs a number of people.

Mr Barry is one of a number of TDs, senators and councillors who have been contacted by RTÉ Investigates in recent weeks over the register of members' interest.

Fine Gael recently added a third candidate, former Labour Party councillor Noel McCarthy, to run alongside Mr Barry and the party's other sitting TD in the constituency David Stanton in Cork East.

Irish Independent

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