Dáil debates
Tuesday, 21 May 2024
Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions
National Treasury Management Agency
9:45 pm
Catherine Connolly (Galway West, Independent) | Oireachtas source
I thank the Minister for the update on that. The background to this is the UN council and the particular committee, which set out 112 businesses. That was published in February 2020 and since then it has been reduced to 97. With regard to Ireland and the ISIF, the amount is relatively small given the overall investment internationally by ISIF.
I am aware it is independent, and I know there are experts and their role is to get value for money and invest, but is that done within a policy of human rights? What engagement has the Department had with NTMA on this? I welcome that there has been divestment from six companies. Will the Minister explain whether this involved direct investment, indirect investment or pooled investment? Why were those six picked as opposed to the total figure there? How was that done? Has the removal of the investment been completed on those six companies?
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