Oireachtas Joint and Select Committees

Wednesday, 22 October 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 Cian O'CallaghanCian O'Callaghan (Dublin Bay North, Social Democrats)

The Central Bank has a legal obligation under international law to have regard to the genocide taking place. It has chosen not to do so even though under its own frameworks, it has "sole and absolute discretion" in this area. I am making a comment there. The Governor has told us that the bank thought about all the issues. Did it not think about the obligations under international law and the genocide taking place? Given that the Central Bank has "sole and absolute discretion" in this decision-making process - according to itself - how could it have not given those sufficient consideration to think that it would not be the thing to do to approve this transfer in terms of the genocide taking place and the report this committee issued?

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