Oireachtas Joint and Select Committees

Wednesday, 18 June 2025

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

Israeli Bond Programme: Discussion (Resumed)

2:00 am

Photo of Alice-Mary HigginsAlice-Mary Higgins (Independent)

My specific question was not about that ruling but around the risk piece. We were told by Mr. Makhlouf that in the end, whether Israel can pay back bonds was the question the Central Bank was asking. If there is a risk of those bonds being paid back from moneys that are gathered in revenue from illegally occupied territories, where does that come into due diligence? We have heard suggestions that there may be money-laundering implications. Is that not also a risk to investors? I would like a brief comment on how the money that is being paid back is coming in.

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