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

 


McCully appointee should have declared interest

05 December 2012

McCully appointee should have declared interest

Murray McCully’s angry outburst is just an attempt to divert attention from the fact that a National Party mate he appointed to a state-owned shipping line failed to tell either him or his Ministry that he was registered as a shareholder of a competing company, says Labour’s Foreign Affairs and Trade spokesperson Phil Goff.

“The Foreign Affairs Minister appointed Peter Kiely, a long-standing friend and National Party insider, as New Zealand’s director on the board of Pacific Forum Lines in July 2009.

“Peter Kiely was a key adviser to the Government about the controversial sale of PFL. But he failed to tell the Minister or the Ministry that at the same time he was registered as a shareholder in Sofrana Unilines – the preferred bidder for PFL.

“Murray McCully now claims that doesn’t matter because he was a non-beneficial trustee for Sofrana. But Peter Kiely should still have declared his association with Sofrana.

“The Owner’s Expectation Manual sets out that ‘directors must disclose any relationships and/or matters that give rise to an actual or potential conflict of interest’.


“The fact that Peter Kiely later removed himself as a shareholder of Sofrana at a critical time in the sale process suggests he did in fact in the end recognise the potential conflict that he hadn’t declared to the Ministry.

“Murray McCully, who has a reputation for appointing friends to positions, still has answers he needs to give.


“Why was MFAT unaware of the connection when Peter Kiely was advising them on the sale?

“At what point did Peter Kiely tell the PFL chair that he had an interest in Sofrana? Was it only when the sale was imminent?

“When there was a potential conflict of interest, why was the Ministry, the Minister and the board not immediately informed as required by the Owner’s Expectations Manual.

“Murray McCully should never have appointed Peter Kiely to be guardian of New Zealand’s interests in PFL when he had a shareholding in another private shipping company.

“It’s completely unacceptable. Kiwis deserve better from this Minister. Murray McCully has some explaining to do,” said Phil Goff.

NOTE: Pacific Forum Lines was set up in 1977 to ensure there were regular, affordable shipping services in the Pacific region. It was designed to foster trade in the Pacific Islands and to provide competition so that private shipping operators did not create a monopoly in the region. There are 12 owners, including New Zealand, which has a 23% stake in the company.

ends


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Two Years With New Methods: Crime Stats Show Increase Led By Burglary

The two years of data show an increase in the total victimisation rate of 3.1 per cent, with 12,060 more victimisations in the 2015/16 year when compared to 2014/15 year. From this increase, 72 per cent is attributable to burglaries. More>>

ALSO:

Auckland Relocation Grants: 12 Grants Paid So Far

Since the policy took effect one month ago, 12 applicants have received the non-recoverable grant, supporting 32 people. $54,508 has been paid out, covering things like moving costs, bond, rent in advance and letting fees. More>>

ALSO:

Vaccine Funding Change: HPV Vaccines For All Children

PHARMAC has today announced changes to funded vaccines, which will benefit an extra 100,000 people... The human papillomavirus (HPV) vaccine will be available for all children and adults up to the age of 26 years, and boys will now be included in the HPV school vaccination programme. More>>

ALSO:

Gordon Campbell: On Why The Opinion Polls For Key And Trump Defy Gravity

What is going on? Donald Trump got confirmed as the Republican presidential candidate at a bizarrely chaotic political convention… and promptly received an upwards bump in the polls to where he’s now rating ahead of Hillary Clinton, for only the second time this year. More>>

Sugar: Auckland Leisure Centres Axe Unhealthy Drinks

Auckland Council is to stop selling drinks that are sweetened by sugar from vending machines at its leisure centres in a bid to try to reduce obesity and type 2 diabetes... More>>

ALSO:

Gordon Campbell: On Todd McClay’s Faulty Memory

Time and again, whenever an issue arises the initial response by government is to deny or diminish the problem – nothing to worry about here, everything’s OK, move on. Then, hang on. In line with the usual pattern, as embarrassing details emerged into daylight, the story changed. More>>

ALSO:

Labour's 'Future Of Work': Major Reform Of Careers And Apprenticeships

The next Labour Government will transform careers advice in high schools to ensure every student has a personalised career plan, Leader of the Opposition Andrew Little says. More>>

ALSO:

State Investments Management: Treasury Likes IRD, Not Education Or Corrections

The Inland Revenue Department has scored an 'A' in the first tranche of the Treasury's investor confidence rating for state agencies that manage significant Crown investments and assets, gaining greater autonomy as a result, while the Corrections and Education ministries gained a 'C' rating. More>>

ALSO:

Govt Goal: NZ To Be "Predator Free" By 2050

Prime Minister John Key has today announced the Government has adopted the goal of New Zealand becoming Predator Free by 2050... “That’s why we have adopted this goal. Our ambition is that by 2050 every single part of New Zealand will be completely free of rats, stoats and possums." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news