Finance Department to flag concerns with Israeli investment bill

The Illegal Israeli Settlements Divestment Bill would force ISIF to divest all their holdings in companies that operate within Israeli settlements

In their opening statement to the Oireachtas Finance Committee today, officials from the Department of Finance will flag concerns about Sinn Féin proposals to ban the Ireland Strategic Investment Fund (ISIF) from investing in any company that operates in illegal Israeli settlements in the West Bank. Picture: Brian Lawless/PA

The Government would need to compile its own list of companies operating in illegal Israeli settlements in order to prevent Ireland’s sovereign wealth fund from investing in them.

In their opening statement to the Oireachtas Finance Committee today, officials from the Department of Finance will flag concerns about Sinn Féin proposals to ban the Ireland Strategic Investment Fund (ISIF) from investing in any company that operates in illegal Israeli settlements in the West Bank.