Sinn Fein TD Pearse Doherty was suspended from the Dáil this morning over allegations he made about the new Secretary General at the Department of Finance.

Deputy Doherty told the House that John Moran had headed up a company that was censured by a US watchdog.

A Department of Finance spokesperson has said that the events cited by the US Securities and Exchange Commission, referred to in the Dáil today, had occurred in the New York office of Zurich Capital Markets before Mr Moran joined that office.

He said Mr Moran had been tasked with resolving the issue, and that the censure by the SEC was delivered after he had left the company.