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


Transpower Board must go if Caymans deal is dodgy

15 April 2005

Transpower Board must go if Caymans deal is dodgy

Transpower's board should be fired if their Cayman Islands tax deal proves to be as dodgy as it looks, says Green Co-Leader Jeanette Fitzsimons.

The state-owned electricity grid operator is reportedly trying to reduce its tax bill by leasing the South Island power network in a shadowy deal that ultimately leads to the Caymans.

"If Transpower have engaged in dodgy dealings that have cost the taxpayer or put the grid at risk, its board and CEO must be fired immediately," said Ms Fitzsimons, a persistent critic of Transpower over its Waikato transmission lines plan.

"So the Government must quickly investigate this deal and report back on its impact on electricity consumers and taxpayers. Michael Cullen needs to put the facts before the people.

"New Zealanders expect their SOEs, especially one running something as essential as the electricity grid, to conduct itself in a transparent and ethical manner. On the evidence we can see this morning, this all looks very reminiscent of the BNZ's adventures in the 1980s.

"If in fact everything is above board and ethical, New Zealanders need to know the facts that establish this, quickly," said Ms Fitzsimons.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>


Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>


Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>


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>>


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>>


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>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news