Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

As regards the investment strategy here, we have been told in the past when we have raised the issue of divestment by the NTMA from the occupied territories that this Bill would show how the NTMA would ensure that appropriate investments are made. However, there is nothing in this legislation that stipulates clearly that we would not have a repeat of what the NTMA is doing with other taxpayers' money in terms of investment in companies involved in the illegally occupied territories. When we came to this legislation, it was said - and it was used as a rebuttal for the Illegal Israeli Settlements Divestment Bill - that this investment strategy under these funds would show how the reputational damage that has been incurred by ISIF investments in illegal Israeli settlements could be addressed. However, I do not see anything in this legislation that actually addresses the reputational damage that was done by that strategy.