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Auckland International Airport proposal
Auckland International Airport proposal
As shareholding Minister in Air New Zealand I have an obvious conflict of interest.
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Finance Minister Michael Cullen said today he would not comment on the offer by Dubai Aerospace Enterprise for Auckland International Airport.
"As shareholding Minister in Air New Zealand I have an obvious conflict of interest," said Dr Cullen.
"I am therefore delegating my decision-making powers under the Overseas Investment Act 2005 to Associate Finance Minister Trevor Mallard."
The Minister will be making no further comment.
ENDS
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