The treasury minister's claim government's bailout of the Sefton Group will create confidence has been disputed by a vocal critic of the deal.
Last month it was revealed £4.5 million of taxpayers' money was to be used to prop up the ailing firm, via a loan, and purchase of a prime development site in Douglas.
Speaking live on Mandate on Manx Radio this morning Michael MHK Alf Cannan said he remained unconvinced it was the right thing to do: