2 days ago
Government will be on 'the wrong side' of history over Israeli bonds decision, opposition says
The Government has been warned it is on the "the wrong side" of history after rejecting a motion to prevent the facilitation of Israeli war bonds.
Opposition parties united behind a motion demanding the Government enact emergency legislation to explicitly force the Central Bank to stop facilitating the sale of Israel bonds.
The Social Democrats motion, supported by Sinn Féin, Labour, and People Before Profit-Solidarity also called on the coalition to advise the bank that "by acting as the enabling cog in Israel's fund-raising machine in the EU, it is putting the State at risk of a charge of complicity in genocide".
However, the Government's countermotion stated that it had "received advice from the Attorney General that recently proposed legislation to introduce 'restrictive measures' was not compatible with our obligations as members of the EU and in conflict with Article 215 and Article 63 Treaty on the Functioning of the EU".
The motion with the amendment put forward by the Government was then passed by 85 votes to 71.
Speaking in the Dáil ahead of the vote, finance minister Paschal Donohoe said: "Despite the human feelings I have and the determination of the Government to respond to this, I have to recognise the law with regard to the EU and the law that recognises the independent operation of the Central Bank of Ireland."
But Social Democrats TD Cian O'Callaghan claimed that the Government was "hiding behind technicalities" and could act on the matter if it wanted to.
Let us be clear about this. Genocide is taking place and is being part-funded by the sale of Israeli bonds including in Europe, which is being facilitated by the Irish Central Bank.
Sinn Fein's Pearse Doherty described Mr Donohoe's response as "shameful", adding: "History will show that the minister is on the wrong side of this issue. He has used carefully constructed words to tell us what we cannot do.
"However, the reality is that if Government wants to initiate national measures that will ensure that the Central Bank does not sign off on a prospective and therefore, not facilitate the sale of these war bonds in Ireland, then it can do so."
