Oireachtas Joint and Select Committees

Thursday, 9 February 2023

Public Accounts Committee

Business of Committee

9:30 am

Photo of Matt CarthyMatt Carthy (Cavan-Monaghan, Sinn Fein) | Oireachtas source

It is in respect of the immigrant investor programme. This is the programme whereby non-EU nationals can secure residency in Ireland and, therefore, the UK by becoming involved in investments or philanthropic endeavours. We are talking about substantial sums of money but, relatively speaking, there is an argument that it is a small amount of money for a big cost in terms of what the State has given up. A number of media articles in this regard should be of concern to the Committee of Public Accounts. Arthur Beesley has done some good work this week. Barry Whyte has been following one issue I raised in the Dáil today. It is in respect of the owners of a hotel in my constituency, the Nuremore Hotel. It is owned by one of the biggest brokers for the cash-for-visas scheme, a Mr. Kai Dai. Very serious concerns in respect of that individual case that might point us towards examining this issue more broadly. There have been several occasions over the past year on which staff have gone for several weeks without receiving their pay. There have been situations in which bills have not been paid.

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