Minister of State Seán Power yesterday said he had not the slightest intention of resigning over his failure to declare mining shares in the Register of Interests of Dáil Éireann.
Mr Power said he would co-operate fully with any inquiry the Standards in Public Office Commission might initiate.
But he said his failure to declare 26,000 shares he owned in Ivernia West was a mistake that was straightforward and relatively minor.
Under ethics legislation that applies to members of the Oireachtas, members have to declare shares worth more than €13,000.
Mr Power initially declared the shares when they were purchased in November 2003 and worth only €4,000. However, between then and when he sold them last November, he did not declare them to the commission. During that time, their value had increased to be worth some €23,000 by the time he sold them.
"I made a mistake. When I realised it, I undertook to remedy it. I am not aware of any inquiry. Sipo has been in possession of that information for quite a while and I have not heard anything from it," he said.
