Thursday 23 November 2017

Road to the Aras is made with gold

The presidential candidates will need plenty of money and tidy personal accounts, write Maeve Sheehan and Ronald Quinlan

Money looms large in presidential election campaigns. And candidates need plenty of it in the race to the Aras and their personal financial affairs must be able to withstand scrutiny -- from the media at least.

Legally speaking, there is no requirement on a future President to make a declaration of interest, as is the case with TDs and senators. They don't even have to produce a tax clearance certificate before assuming high office.

According to the Standards in Public Office Commission, the only requirement relates to the President's election agent, who is obliged to declare how the campaign money was spent and who donated it.

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