263. Deputy Michael Creed asked the Minister for Foreign Affairs if his attention has been drawn to the circumstances surrounding an investment by a number of Irish citizens in a beach resort in Morocco; if his attention has been further drawn to the fact that the developer having procured substantial deposits from Irish investors has never proceeded with the resort and has failed to refund investors in this project over the past 14 years; if his Department has had contact either with the UK or the Moroccan authorities on this matter; if he will arrange for the Irish Ambassador to liaise with his UK counterpart in terms of increasing diplomatic pressure on the Moroccan authorities to resolve this issue given that Moroccan courts have in recent times sanctioned the sale of the lands involved back to the bank on the premise of refunding investor deposits; and if he will make a statement on the matter. [5539/22]

Summary

263. Deputy Michael Creed asked the Minister for Foreign Affairs if his attention has been drawn to the circumstances surrounding an investment by a number of Irish citizens in a beach resort in Morocco; if his attention has been further drawn to the fact that the developer having procured substantial deposits from Irish investors has never proceeded with the resort and has failed to refund investors in this project over the past 14 years; if his Department has had contact either with the UK or the Moroccan authorities on this matter; if he will arrange for the Irish Ambassador to liaise with his UK counterpart in terms of increasing diplomatic pressure on the Moroccan authorities to resolve this issue given that Moroccan courts have in recent times sanctioned the sale of the lands involved back to the bank on the premise of refunding investor deposits; and if he will make a statement on the matter. [5539/22]

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• Departmental Inquiries

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