Report to recommend that election candidates disclose business interests before running for office

Minister for Public Expenditure to seek approval for a bill to provide major overhaul in the country’s ethics legislation

Robert Troy stepped down as a junior minister in the Department of Enterprise after he was forced to make significant amendments to the register of interests. Picture: Fergal Phillips

Election candidates could be forced to disclose their property and business interests before running for public office as part of a “major overhaul” of the country’s ethics legislation.

Michael McGrath, the Minister for Public Expenditure, last year launched a long-awaited review of the current laws governing politicians’ disclosures which have come under further scrutiny in the wake of revelations around Robert Troy’s property interests and his subsequent resignation as minister of state last week.

Speaking to the Business Post, McGrath said a report was being finalised by his officials and he would shortly bring its recommendations to cabinet.