Seanad debates

Wednesday, 1 February 2017

Commencement Matters

Departmental Agencies

10:30 am

Photo of Keith SwanickKeith Swanick (Fianna Fail) | Oireachtas source

I thank the Minister of State for his response. I believe that the 1.51% allocation for stocks in tobacco companies is too much. I am aware of the NTMA's willingness to divest of its tobacco stocks but my question relates to the CIF. While I appreciate what the Minister of State has said, I will continue to pursue this issue and will work with others to bring a motion of resolution before the Seanad seeking a full divestment and the implementation of guidelines to ensure that no further investments in tobacco companies will form part of any portfolio within this State.

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