Renua to pay back €80,000 loans for general election

Sum includes tens of thousands owed to Declan Ganley who backed party’s flat tax policy

Declan Ganley at his home in Co Galway Picture: Michael Dillon

Renua must pay back €80,000 in loans taken out before the general election, including tens of thousands of euro owed to businessman Declan Ganley.

The party received a substantial undisclosed loan from Ganley prior to the last election but also ran up debts with other creditors that they will now use state funding to pay back.

Party leader John Leahy said the loans are subject to confidentiality agreements but are with “a number ...