Public Expenditure Minister Paschal Donohoe says DesignerGroup and Michael Stone will receive a refund as their election donations exceeded limits.
The Fine Gael TD said that he asked Mr Stone several times if he had hung up posters during the 2020 election and was repeatedly told he did not.
In a statement on Tuesday morning, Mr Stone confirmed that he had paid people to hang posters as part of the 2020 election.
