Francis Noel Duffy (Dublin South West, Green Party) | Oireachtas source

I wish to speak to amendment No. 17. The intended effect of amendment No. 17 is to ensure that people are not hiding behind limited partnerships as a means to avoid the screening of their transactions, or appearing to be another person or entity. Limited partnerships were shown by the Pandora papers to have been used primarily to obscure the true ownership of companies, which it was revealed were controlled by people from former Soviet republics. The Bill does not seem to adequately address this aspect that Irish incorporated entities owned by third party individuals could avoid screening.