The government's confirmed it invested half a million pounds in a UK company which has gone bust.
A Freedom of Information request to the Department for Enterprise asked about government money in Lawbit, an online law firm which is being wound up with debts of around £6 million.
The department says it made two payments totalling £500,000 in January and December 2018 through the Enterprise Development Scheme.
It added as a secured creditor it's engaging in the process of winding the company up.
Peel's pulsing UFO has people perplexed
Peel MHK raises future of former care home
Netflix film about Patrick's greatest boxer out in November
Three buses won't run, eight more at risk today
Former chief minister to ask first question of new parliament
New children's soft-play coming to tearooms in Laxey
More dates added to food hygiene training
Peel Secret Santa scheme brings hope to Island families this Christmas