Castle Rook, under the leadership of Candace Lafleur, has faced a petition to wind up due to its failure to secure financing through the now-abolished Immigrant Investment Programme.
The Immigration Investment Programme previously allowed foreign investors, particularly from China, to gain residency in Ireland, presenting significant investment opportunities that were enticing until their cessation.
Recent developments reveal Castle Rook's links with various Asian nationals in the UK and Ireland, indicating a broader network aimed at leveraging investment opportunities in Ireland.
As this situation unfolds, it highlights the risks involved for firms reliant on immigration-related investments, especially in light of regulatory changes that can abruptly alter their viability.
#castle-rook #candace-lafleur #immigrant-investment-programme #chinese-investors #business-liquidation
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