Big election shock as Jim Gavin pulls out of race
Jim Gavin is withdrawing from the presidential election "with immediate effect".
In a statement, the Fianna Fáil candidate stated: "I made a mistake that was not in keeping with my character and the standards I set myself. I am now taking steps to address the matter.
"I have also thought long and hard about the potential impact of the ongoing campaign on the wellbeing of my family and friends.
"Taking all these considerations on board, I have decided to withdraw from the presidential election contest with immediate effect and return to the arms of my family."
Taoiseach Micheál Martin said he fully understands Mr Gavin's decision and believes "it is the correct one."
The Fianna Fáil leader added: "Jim has accepted that he made an error in relation to an issue that has arisen in recent days.
"He himself has said the office of Uachtarán na hÉireann is the highest in the land and the pinnacle of public service.
"He is clear that he does not want to bring controversy onto this office.
"This has been a very difficult decision for Jim given his commitment to public service."