James O'Connor (Cork East, Fianna Fail) | Oireachtas source

The reason I ask is there is a lot of grime on the window of the immigrant investor programme, IIP, which I am concerned about. Nobody is quite sure why it was shut down. A number of charities were involved in the process of obtaining it. There are multiple reasons - "issues occurred" and pressure from the European Commission and other aspects at an international level but looking at the facts and figures, there was nearly exponential growth in the number of applications for IIP funding. Large sums were flowing into organisations beyond charities, in all fairness, but also from a charity angle. Were concerns raised with the Charities Regulator about the IIP system and misuse of funding in that regard? Have any cases come before the Charities Regulator in that respect? Was it discussed in 2023 in the context of media reports on the scheme being closed down or mooted developments that it was going to be shut down, which it was, by the Government?