Mairéad Farrell (Galway West, Sinn Fein) | Oireachtas source

The UN Special Rapporteur for Palestine pointed out that Israeli bonds sold by the Development Company for Israel, has raised billions, which is helping to fund violent settlement expansion and other international crimes in Palestine. I have had a look at the prospectus on the Central Bank's website and the issuer is listed as the Development Company for Israel. Lydia Ghuman, a legal expert from the Internationalist Law Center, stated that the proceeds of Israeli bonds are inseparable from the funds in Israel's general budget, used to fund human rights violations and war crimes. If it is the case that war crimes are not included in anti-money laundering legislation, there is a fundamental issue, especially given the concern that - and you are going to come back to me - the Irish State may have invested in some of these bonds. It would seem the Irish State is indirectly gaining from potential war crimes but you are saying to me that at this moment, this is not under the anti-money laundering directive and as a result you have no need to investigate it.