Oireachtas Joint and Select Committees

Wednesday, 20 March 2024

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Illegal Israeli Settlements Divestment Bill 2023: Discussion

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

It is only fit and proper that I make the point at the start that it is disgraceful that the decision of this committee to waive the pre-legislative scrutiny of this legislation has been overturned. I understand it to be the first time it has ever happened. In my view, it is an attempt to delay this legislation, which was already delayed by nine months after it passed Second Stage. It has nothing to do with the witnesses, but there are clear attempts by people in Fine Gael and Fianna Fáil to delay this legislation despite what is happening in Gaza and the occupied territories. It is disgraceful. I understand we have gone from waiving pre-legislative scrutiny to a situation where a member of Fine Gael wants us to do more legislative scrutiny. I can only assume that is about delaying this legislation.

That is disgraceful, and it only right that I take the opportunity to call it out.

I thank the witnesses for their opening statements. The questions I have may be going over old ground because much of what the witnesses said has already been discussed at meetings of this committee. I could read to them the transcript of the meeting we had with the NTMA last year. This is why I believe there was no need to have pre-legislative scrutiny. I could also read out the replies to parliamentary questions tabled to the Department of Finance. Those replies were drafted by the officials. The position is very similar. I welcome the witnesses' contributions and input previously and again today on this issue.

I presume we are still not in a position to identify the companies in which the additional €9 million of pooled investments were made. We have the list of 11 companies in which there are directed investments. Do we have the list of companies in which there are pooled investments? Can this be circulated to members of the committee?

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