The Rt Hon Winston Peters MP, Leader of New
Zealand First, today said that following a briefing last
week by New Zealand Post, and this morning’s Caucus Meeting,
New Zealand First had agreed to support the People’s
Bank.
“We have always been strongly behind a New Zealand
owned bank providing a wide banking network encouraging
savings and reducing bank charges,” said Mr Peters.
Mr
Peters said that criticisms of the Bank by the National
Party, concerned at the use of taxpayers’ funds, were
ridiculous given that they had spent $100 million on Incis
and four times that had been spent on teaching kiwis how to
say Kia Ora.
“The National and ACT Party’s concerns about
our most successful SOE running a bank were not reflected
when they allowed the BNZ and the DFC to be ripped off, run
down and hocked off. Where were their concerns for the New
Zealand people then?” asked Mr
Peters.
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