December 6, 2024
Central Bank must stop facilitating the sale of Israeli War Bonds – Pearse Doherty TD

Sinn Féin spokesperson on Finance, Pearse Doherty TD, has said the Central Bank of Ireland must act on the International Court of Justice´s (ICJ) interim order on 26 January 2024 in the case brought against Israel on the charge of Genocide and stop facilitating the sale of Israeli war bonds across the EU.

Teachta Doherty said:

“It is beyond belief that the Central Bank of Ireland is currently the so-called ‘Home Country’ for Israeli war bonds. This status allows for these bonds to be sold across the EU.

“I have raised this with the Minister and directly with the Central Bank. Their responses to date have been completely out of touch with the gravity of the situation in Gaza and Irish public opinion.

“Ireland must stop facilitating Israel to sell these war bonds across the EU that are funding the ongoing genocide.

“Israel is openly marketing these bonds as a means of supporting their ongoing slaughter of the Palestinian people.

“The fact that the government has placed no sanctions on Israel leaves the Central Bank without any guidance from government. But the Central Bank cannot turn a blind eye to the ruling of the International Court of Justice of issues of genocide, and should take action to end any involvement with these bonds.

“When a genocide is underway, the international community has a moral and legal imperative to act.

“Given that the Central Bank has not taken any action, I have begun the process of drafting legislation to end the practice and ensure Ireland no longer has any hand or part in the sale of bonds that are funding genocide.”

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