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 Aidan DavittAidan Davitt (Fianna Fail) | Oireachtas source

I listened to the whole discussion. I apologise; I was tied up in the office. Mr. Ashmore mentioned the "unintended consequences" of the Bill and whatever else a couple of times. He threw it out there a couple of times. We are looking at the UN database on which the companies are listed. We get the eight companies and whatever else. I am just curious about this Bill. Would it be possible that there would be a trickle down to other companies that are based or headquartered in Ireland for their European operations, such as Facebook, Meta, X or whatever else, which are evidently leading into Israel and would be servicing that area? I am curious to hear the witnesses' thoughts on that.

As Deputy Doherty rightly said, if we are giving money to some of these banks that are funding the building of these 650 houses, it would be an awful lot simpler if we were going after those guys to get them to stop their building. That would be far more streamlined. This seems to be getting into a quagmire the way we are going around it. Excuse my terminology, but it just does not seem to be the most streamlined way of trying to get to where we want. I am just curious. To use Mr. Ashmore's phrase, there would be an awful lot of "unintended consequences" to where this whole Bill might go. I see the problems in its intended form. The witnesses are probably right.

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