Results 161-180 of 11,553 for speaker:Colm Burke

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Central Bank of Ireland (11 Jun 2025)

Colm Burke: There has to be fairness here. In fairness, every other committee allows ten minutes. We have spent one hour with three speakers. It is an unfair system and I do not agree with it. I do not agree with the manner in which this matter is being handled.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Central Bank of Ireland (11 Jun 2025)

Colm Burke: I am proposing that it is changed, that the remaining speakers be allowed ten minutes each and that we proceed on that basis.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Central Bank of Ireland (11 Jun 2025)

Colm Burke: I thank the Governor and his staff for the presentation. The second paragraph and the last paragraph of the written statement clearly sets out the position of the Central Bank in stating that it finds what is going on to be absolutely appalling. In his opening remarks, Mr. Makhlouf stated: "Under the EU prospectus regulation, a prospectus must be drawn up, approved and published when...

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Central Bank of Ireland (11 Jun 2025)

Colm Burke: What evidence that the security is in place is produced to the Central Bank?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Central Bank of Ireland (11 Jun 2025)

Colm Burke: Within that context, though, is it not also necessary to see if what is set out in the prospectus is accurate? Does this not also put an obligation on the bank in respect of examining what is being provided as security for raising these moneys? Is this also not a part of the bank's role?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Central Bank of Ireland (11 Jun 2025)

Colm Burke: In respect of judging that market, would that market change, for argument's sake, if the United States was not providing support to Israel and its Administration?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Central Bank of Ireland (11 Jun 2025)

Colm Burke: In saying that the bank looks at the prospectus, is it being said that it also looks at where Israel was getting support?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Central Bank of Ireland (11 Jun 2025)

Colm Burke: If America, though, were to withdraw support for Israel in the morning, would it have the capacity to repay those moneys it gets a loan of under the bonds?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Central Bank of Ireland (11 Jun 2025)

Colm Burke: Would Mr. Makhlouf accept there would be a challenge there?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Central Bank of Ireland (11 Jun 2025)

Colm Burke: If I can put it another way, if America was not providing support to Israel now, would the Central Bank be able to approve a prospectus?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Central Bank of Ireland (11 Jun 2025)

Colm Burke: In the opening statement, it was said the Central Bank was set up by statute. I presume Mr. Makhlouf was talking about the relevant Irish legislation in respect of establishing the Central Bank.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Central Bank of Ireland (11 Jun 2025)

Colm Burke: In relation to Irish legislation, if someone in the morning decided to take a challenge to the High Court in relation to the Central Bank and its role in approving a prospectus, where would the Central Bank's position then lie in dealing with that challenge?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Central Bank of Ireland (11 Jun 2025)

Colm Burke: Is it not a possibility, however, that someone could decide to take that kind of challenge based on the moneys being raised being used in an ongoing war where atrocities are occurring, including many children being killed? By the way, I have been to Gaza, so I know what it is like. I was there when 1,400 people had been killed, 400 of them children. The sad part of it was no action was...

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Central Bank of Ireland (11 Jun 2025)

Colm Burke: From his own statement, Mr. Makhlouf accepts that he and all the staff of the Central Bank are appalled by what is now going on-----

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Central Bank of Ireland (11 Jun 2025)

Colm Burke: -----and do not agree with what is going on. At the same time, however, the money being raised as the result of the prospectus we have approved is being used to carry out those atrocities.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Central Bank of Ireland (11 Jun 2025)

Colm Burke: Mr. Makhlouf, however, accepts that when the Central Bank was initially set up by the State it was never with the intention of having a role where someone could use it as a mechanism for getting access to money to carry on the atrocities now occurring. I accept what Mr. Makhlouf is saying about the money going to the Israeli Government in the sense of managing its economy, but a substantial...

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Central Bank of Ireland (11 Jun 2025)

Colm Burke: Going back to what Deputy Timmins said in relation to transferring this role the Central Bank has, have any efforts been made at the European level to indicate the bank is not happy about having to do this work and that, if possible, any future request that comes would be managed by another member state?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Central Bank of Ireland (11 Jun 2025)

Colm Burke: If a new request was made in the morning by Israel, though-----

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Central Bank of Ireland (11 Jun 2025)

Colm Burke: If a new request was made in the morning, would the Central Bank not consider making an application at European level to say-----

Joint Oireachtas Committee on Health: Mental Health Bill 2024: Discussion (11 Jun 2025)

Colm Burke: I thank the witnesses for their presentations. In particular, I thank the Garda for the work it is doing in Limerick. It is about everyone working together in a lot of cases where it is quite complex and difficult to manage. The Irish Medical Organisation has expressed concern about involuntary admissions. I presume there has been engagement with the Department on this issue. It sounds...