Dublin Bay South TD Eoin Hayes has been readmitted to the Social Democrats following a near eight-month suspension, the party has said.
Mr Hayes, who is a first-time TD for Dublin Bay South, was suspended from the Social Democrats weeks after being elected in last November's general election.
This was due to revelations, which emerged on 10 December last year, that he provided incorrect information to the media about the sale of shares in his former employer Palantir Technologies.
Palantir has a number of IT contracts with Israel and US military.
As a result of the revelations, on 11 December, Mr Hayes spent 27 minutes not fully answering questions on the matter during a Dáil plinth press conference.
Later that day, he confirmed he sold his shares in software company Palantir for just under €200,000, one month after he was elected to Dublin City Council.
Since that point, Mr Hayes has taken his seat as an Independent TD in the Dáil.
However, the Social Democrats continued to count him as a party TD, an issue which helped with Oireachtas committee appointment numbers.
Speaking this evening, Social Democrats' deputy leader Cian O'Callaghan said he believed Mr Hayes "should be given a second chance".
He said: "Eoin has been suspended from the parliamentary party for nearly eight months and I believe he should be given a second chance.
"Eoin has a lot to offer as a Social Democrats TD and I look forward to working with him."
Mr Hayes said: "At the outset, I want to give a full and unequivocal apology for giving the incorrect information to the media about when I divested from Palantir.
"I also want to be clear that I should not have held the shares for as long as I did.
"For that reason, I have donated $51,000 to three humanitarian organisations active in Gaza – split between, UNRWA, Unicef and Doctors without Borders.
"This figure represents the uplift in share price, less applicable taxes, from October 7 2023 to July 26 2024, when I sold the shares.
"I know I have let people down and I am determined to work hard and earn back people's trust."
