Shónagh Ní Raghallaigh (Kildare South, Sinn Fein)
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310. To ask the Tánaiste and Minister for Justice and Equality if there is an update regarding the withholding of funds from an organisation (details supplied); and if he will make a statement on the matter. [18221/25]

Jim O'Callaghan (Dublin Bay South, Fianna Fail)
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At the outset, it is important to note that, as Minister, I do not comment on individual Immigrant Investor Programme (IIP) applications.

I can, however, inform the Deputy that my Department does not receive or hold funds at any stage in the IIP process; this is a private matter between a potential investor(s) and a potential project concerned.

The IIP Unit of my Department communicates with projects seeking to benefit from investments made in connection with an IIP application in relation to how the terms of the programme apply to their particular project. The Unit also engages with projects and monitors them for their compliance with the IIP requirements.