Peadar Tóibín (Meath West, Aontú) | Oireachtas source

The IFSC is acting as a colander, allowing Russian money to percolate and therefore to circumvent sanctions. It is up to each individual country to implement and impose those sanctions, so will the Minister address that point? It is something of real significance and if it is happening, it means the IFSC is helping the Russian war effort.

Another way Ireland and the European Union is supporting the Russian war effort is by spending €500 million every single day on Russian oil and gas. The US and Britain have decided to target Russian oil and gas but there is an inability in the European Union to make proper decisions about this. The Minister mentioned Ireland does not adopt sanctions unilaterally but one of the problems in this country is we are continuously outsourcing elements of our foreign policy to the European Union. The Minister indicates we are stronger working together in making decisions with Europe, but if Europe will not make the bloody decision, how is it in any way stronger? It is still €500 million on a daily basis going from the European Union to Russia for oil and gas. That is at the same time we are giving money to Ukraine. It does not make sense.

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