Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Due Processes Need To Be Followed: Minister

5 July 2001

Agriculture Minister Jim Sutton confirmed that he had received advice from the Crown Law Office about the past losses of ENZA today.

"The Crown Law opinion reinforces other opinions Ministry of Agriculture and Forestry officials have seen. It indicates that, on the face of it, the terms of growers' contracts do not allow year 2002 foreign exchange losses to be brought to account and deducted from year 2001 returns."

He said there were still questions awaiting answers about the year 2001 foreign exchange transactions.

There are several legal processes relating to the past losses currently underway, including arbitration between ENZA and growers and an investigation in foreign exchange dealings by industry regulatory watchdog, the Apple and Pear Board.

Mr Sutton said it was important to let those due processes take their course.

ENZA was having a board meeting on Monday, and Mr Sutton said he believed it was in the best interests of everyone in the industry that ENZA directors take the initiative to resolve the outstanding issues between them and growers.

"It is not my job to demolish ENZA. I want the parties to reach an agreed and reasonable resolution.

"I believe it is in the interests of the industry that ENZA is not only in the market functioning as an export marketer next year, but that the relationship with growers is in reasonable repair."

Ends


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>

ALSO:

Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>

ALSO:

More Justice & Corrections

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news