Independent TD Michael Lowry has said that the Director of Public Prosecutions has directed that no charges should be brought against him arising from the findings of the Moriarty Tribunal.

In a statement, Mr Lowry criticised the tribunal’s 2011 report as “flawed” and he said that its findings had allowed him to be subjected to repeated insults, smears and false allegations.

The Moriarty Tribunal’s second report was published in 2011. It examined payments to former minister Michael Lowry and his links to businessman Denis O’Brien.

The tribunal’s report found it was “beyond doubt” that Mr Lowry imparted substantive information to Mr O’Brien, which it said was “of significant value and assistance” to him in securing Ireland’s second mobile phone licence.

The report described Mr Lowry’s role as “disgraceful and insidious”.

Both Mr Lowry and Mr O’Brien have previously rejected the tribunal’s findings.

This evening, Mr Lowry said that he fully cooperated with gardaí and voluntarily met them.

He said that the DPP had issued a direction not to prosecute.

“Despite the unfair and unfounded opinions of the Moriarty Report, there are no charges being brought against me arising from the award of the licence; no charge of corruption or misfeasance in public office; no charges of personal gain or bribery on my part,” he said.

“I want to thank my family and friends for their resolute, encouragement and kindness throughout many difficult years.

“I will be forever grateful to the people of Tipperary and North Kilkenny for the unwavering faith and trust they placed in me,” Mr Lowry added.

Read more: What was the Moriarty Tribunal and what did it find?