A legal challenge to the Central Bank of Ireland is being pursued due to its role in selling Israel Bonds. Demonstrators recently rallied to protest the government's inaction regarding Israel's actions in Gaza, with accusations of complicity in genocide. The Ireland-Palestine Solidarity Campaign demands an end to the Central Bank's involvement in these bonds, which are seen as funding military operations. Politicians are pushing for legislation to prevent further sales of these bonds based on human rights violations.
The Ireland-Palestine Solidarity Campaign (IPSC) accused the Government of an "absolute refusal to hold Israel accountable for a genocide in which the Apartheid state has slaughtered more than 58,000 Palestinians."
The bank is the designated authority in relation to the sale of Israel Bonds in the EU, and has determined the securities meet the standards of the bloc's prospectus regulations.
Protesters and opposition parties have called for legislation that would give Ireland the power to refuse the sale of Israeli "war bonds" over human rights concerns.
Mr Gannon has issued a letter to the bank about investor protection concerns relating to the bonds, as well as the use of the bonds to finance the war in Gaza.
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