Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Or Mr. Ó Broin's company does not have the figure.

The purpose of this session is not just to discuss the social media companies. It is to look at what we need to do about authorised push payment fraud. There is no doubt, in my view, that the social media companies have a role to play. The culprits are the people who are scamming, swindling and so on, but companies cannot financially benefit from this. It would not be acceptable if theIrish Independent contained fraudulent ads that are very obviously fraudulent. If it ran the Dunnes Stores advertisement with the fake website, it would not be acceptable. It would not be tolerated, nor should it be for social media companies.

I appeal to the witnesses, and I will come to Amazon next, to have their company reach out to the financial institutions and representative body to try to have a pathway where this reporting can be more speedily dealt with and also have feedback. They commented that stakeholders need to work together, which I think is important, and it is clear that is not happening. Working in silos only benefits the criminals who are trying to rip off people. I encourage them to do that.

There are proposals in Britain. I would like both Meta and Google's views on it. Do they believe that social media companies which have received payment for fraudulent ads should be in some way held partially accountable for the fraud that takes place? I understand there are proposals like this in Britain and would like the companies' views on that.