The Independent TD Michael Lowry has confirmed that he has reached a settlement regarding over €2.8 million in costs arising from legal representation on his behalf during the Moriarty Tribunal.
Originally the tribunal decided to award Michael Lowry only one third of his legal costs, after it found that he had failed to fully co-operate with it.
In a statement this evening, the Tipperary TD said that the settlement was reached following an appeal.
The Court of Appeal ruled in 2018 that there was an absence of transparency in how a decision was reached to only award him one third of his legal costs and that he was not given an opportunity to address it.
In total Mr Lowry's costs for legal representation amounted to €2,869,338.09.
Michael Lowry said this evening that "although the delay in finalising this issue was inexcusable, unreasonable, and unfair, I am pleased with the final resolution and the discharge of the costs to those who represented me before the Tribunal".
He added that he would not be making any further statement or comments "on this subject".
The Moriarty Tribunal was established in September 1997 to investigate payments to Mr Lowry and former taoiseach Charles Haughey.
