Michael MHK Alf Cannan is the latest politician to speak out against the government's £4.5 million bailout of the Sefton Group.
Mr Cannan says the use of public money to support the group is 'ill judged and fundamentally unfair' to other businesses which are also struggling in the current economic climate.
In a statement issued this morning (Monday), the MHK says the proper course of action would have been to seek agreement to appoint an administrator to run the group as a going concern until a buyer could be found.
On Friday, Chief Minister Allan Bell announced a package of support he said would safeguard 300 jobs within Sefton, saying not to do so could cause severe harm to the Manx economy.
Contractors to start installing 20mph signs in Douglas and Onchan
Road closures in place following incident in Hillberry area
Accessible bus stops rolled out across Bus Vannin network
£1 million National AI Office launched to coordinate artificial intelligence policy and adoption
Confusion over cause of issues for IOM residents selling on Vinted