Ossian Smyth (Dún Laoghaire, Green Party) | Oireachtas source

The Deputy would have to ask them. This was the agreed investment structure from 2019. If they are international investors, it may suit their tax treatment in the jurisdictions in which they live. I do not know. Certainly, we got Ernst & Young to examine the investments and comment on the risk profile, which was similar to the investors having bought shares. It was acceptable at the time to people who signed the contract in 2019 and now my job as Minister of State is to ensure the terms of the contract are met and that the participants are doing all the things they have agreed to do in their contract. What they have agreed to do in their contract is to fund it in that way and that is how that is working. I cannot go back in time to change the contract or rewrite it.

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