Oireachtas Joint and Select Committees

Thursday, 4 July 2019

Public Accounts Committee

2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018

9:00 am

Photo of Catherine ConnollyCatherine Connolly (Galway West, Independent) | Oireachtas source

Mr. O'Kelly set out the situation in regard to the divestment fund in his opening statement. The NTMA continues to consider it. While researching this issue, I realised the Government had initiated a Nuclear Weapons (Prohibition of Investments) Bill in 2012. I had not been familiar with it previously. It was introduced but not enacted. It was an excellent Bill which was somewhat similar to the Fossil Fuel Divestment Act. Has the NTMA given consideration to in what it is investing such as nuclear weapons? Has it considered its policy in that regard?

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