IDA did not respond to Paddy Cosgrave about the executive’s alleged comments


The IDA did not respond to a legal complaint by Web Summit boss Paddy Cosgrave that one of their employees falsely claimed the tech CEO was the subject of a Garda investigation into a US executive.

This was initially announced by the state authority Irish Independent There were no records of the complaint, which was first filed by Mr Cosgrave in 2019. However, follow-up inquiries have revealed that a written complaint was lodged with an IDA officer by Mr Cosgrave in 2019.

In the legal letter, Mr. Cosgrave said an IDA executive told US technology officials that Mr. Cosgrave was facing an unspecified Garda investigation in Ireland.

The letter alleges that the alleged slander was forwarded to Mr Cosgrave by a US technology CEO present at the meeting.

“As this is a legal matter, IDA will not comment further on the content of the letter,” said an IDA spokesman.

However, it is understood that the Executive, which is at the heart of the allegations, has firmly denied the allegations in Mr Cosgrave’s letter.

A legal spokesman for Web Summit said: “These are High Court matters. Web Summit is unable to comment further at this time.”

Earlier this year, the IDA denied having received any correspondence on the subject from Mr Cosgrave.

However, it now says she received the legal letter in the form of an email, adding that the notice was initially overlooked as it was accidentally diverted to the responsible executive’s spam folder.

Tensions and bad blood between Mr Cosgrave and the IDA have been brewing for a number of years.

An affidavit from David Kelly, a former director and co-founder of Web Summit who is currently suing Mr Cosgrave for alleged suppression as a minority shareholder, alleges that an IDA executive was “humiliated” in 2018 when Mr Cosgrave “slowly clapped”. Speech she delivered to hundreds of guests at the organization’s tech conference “Collision” in New Orleans. The affidavit also alleges that Mr. Cosgrave told the assembled crowd that this would be the last time the IDA would be allowed to sponsor a Web Summit event.

Separately, Mr Cosgrave said the Web Summit will bring a legal challenge in the High Court against the Residential Tenancies Board. He said he would not comment further.

Mr. Cosgrave is currently involved in litigation with former Web Summit co-founders David Kelly and Daire Hickey. IDA did not respond to Paddy Cosgrave about the executive’s alleged comments

Fry Electronics Team

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