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Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (18 Jun 2025)

Mairéad Farrell: We will come back to it. I need to move on to an Teachta Timmins. I can then follow up with my own questions.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (18 Jun 2025)

Mairéad Farrell: I ask Mr. Marmion not to name anyone specifically.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (18 Jun 2025)

Mairéad Farrell: It is up to the member because it is the member's time.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (18 Jun 2025)

Mairéad Farrell: There were a few interesting things said this evening. Dr. Nuseibah mentioned that individuals are obviously also bound by the Genocide Convention, and it could have a long-term impact on individuals. There was also a discussion last week about whether the Central Bank or the State are bound by the Genocide Convention, and the impact that has. My understanding from what Dr. Nuseibah said...

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (18 Jun 2025)

Mairéad Farrell: When I had to cut Mr. Marmion short, he seemed to be implying that he felt this was a political decision rather than a legal decision due to the obligations under the Genocide Convention. Will he finish what he was saying on that?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (18 Jun 2025)

Mairéad Farrell: One of the concepts raised a number of times during today's meeting is the role of the US in all of this. Speaking as someone who is half-German, never again means never again, as Ms Mahony mentioned. I obviously feel strongly about that. I firmly believe everybody has a responsibility at times like this to put their head above the parapet. However, let us take a look at the US...

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (18 Jun 2025)

Mairéad Farrell: The anti-money laundering directive is an issue I raised with the Central Bank. As somebody who has worked in banks, every year we had to do anti-money laundering training. What is the witnesses' view on the impact of the proceeds of war crimes? Do they have a view on that in terms of the anti-money laundering directive? I am not speaking specifically about the prospectus regulation. Do...

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (18 Jun 2025)

Mairéad Farrell: Ms Mahony believes Israel would fall into that category legally, rather than from her own point of view.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (18 Jun 2025)

Mairéad Farrell: Is there anything Mr. Marmion would like to add?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (18 Jun 2025)

Mairéad Farrell: When you are the last person to contribute, most of your questions have already been answered. Is there anything else the witnesses would like to mention?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (18 Jun 2025)

Mairéad Farrell: I will finish with a comment of my own in that regard. I found it interesting, unusual and strange that this prospectus regulation has such almighty power that it goes above the Genocide Convention. I am not a legal expert, and that is why we had a legal expert in. Legal experts will have their opinions. However, it seems strange that a prospectus regulation has so much power above and...

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (18 Jun 2025)

Mairéad Farrell: I understand. Just do not name anybody specific.

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Mairéad Farrell: The Minister for Finance alluded to the fact that things are changing and have been changing in terms of the world economy and the geopolitical landscape. In the last number of days, we have seen huge and concerning changes. Every time we turned on the news this morning there was a new update on what is happening between Israel and Iran. Some of the reporting relating to Iran is that it...

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Mairéad Farrell: I take the point that we cannot predict this. It is probably one of the most unpredictable things at this moment in time. My concern is the impact this could have on ordinary households with regard to the cost of electricity, the cost of gas and the cost of oil. Anecdotally, I am sure we all see oil being delivered to houses around our own towns, as people are fearful of the impact this...

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Mairéad Farrell: People are concerned that this could have a serious impact on oil and gas prices, and potentially electricity costs. If there is a serious impact, will the Government consider this again?

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Mairéad Farrell: I want to move on to the other Minister, Deputy Chambers, because we have very short time slots at this committee. On the overpayment of civil servants, what analysis has been done on the age profile of the recipients of the overpayments?

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Mairéad Farrell: I am particularly concerned about whether the people are retired. The age profile could have an impact on repayments.

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Mairéad Farrell: What analysis is currently being conducted by the Department?

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Mairéad Farrell: I have only a few seconds left. I want to ask about the Deloitte report on the OPW. We have had numerous reports on the OPW but I am particularly interested in the maintenance, building and refurbishment of public property and the impact. There has been criticism from a value-for-money perspective. With regard to the property management function, does the Minister accept there has been...

Committee on Budgetary Oversight: Annual Progress Report 2025: Discussion (24 Jun 2025)

Mairéad Farrell: I am out of time, but the point is that although we have had so many reports, it seems nothing changes.

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