Oireachtas Joint and Select Committees
Wednesday, 11 June 2025
Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach
Israeli Bond Programme: Central Bank of Ireland
2:00 am
Colm Burke (Cork North-Central, Fine Gael) | Oireachtas source
Mr. Makhlouf, however, accepts that when the Central Bank was initially set up by the State it was never with the intention of having a role where someone could use it as a mechanism for getting access to money to carry on the atrocities now occurring. I accept what Mr. Makhlouf is saying about the money going to the Israeli Government in the sense of managing its economy, but a substantial part of the moneys it is raising, whether through taxation or borrowing, is being used to carry out horrendous atrocities in a state sitting defenceless and has no real support in terms of trying to defend its ordinary citizens.
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