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

 


Key Must Front Up With $1 Billion Evidence

Clayton

COSGROVE

SOE Spokesperson
15 March 2013 MEDIA STATEMENT

Key Must Front Up With $1 Billion Evidence

John Key must front up with the evidence that Solid Energy formally requested a $1 billion dollar capital injection after the former company chair blew that claim out of the water, says Labour’s SOEs Spokesperson Clayton Cosgrove.

“The Prime Minister has just made it up and he’s been found out. He tried to create the impression he was some kind of white knight riding to the rescue of taxpayers by knocking back a Solid Energy bid for $1 billion capital injection. But that’s now been exposed as just a fantasy in his own mind. Although there is another word for that!

“This is what John Key told Kiwis at a press conference on February 25th: ‘They (Solid Energy) wanted a very large capital injection in the order of $1 billion’.

“But former chairman John Palmer has blown that claim out of the water saying: ‘I cannot recall that we have ever asked him explicitly for $1 billion dollars’.

“So who’s telling the truth? With the Prime Minister’s track record, it’s not likely to be him.

“His SOEs Minister Tony Ryall is now scrabbling around trying to cover his back by claiming there’s some sort of ‘advice’ that exists. Well he should stop weaselling around and just front up with it.

“Conversations or advice from officials about spending a billion dollars of taxpayers’ money don’t just happen over a cup of tea. Where is the formal request for the billion dollars and where is the formal rejection from the Government?

“This is a case of John Key trying to rewrite history and look like some kind of hero when in fact he and his ministers were asleep at wheel.

“They are responsible for overseeing the downfall of a previously top performing asset into an absolute dog that’s costing taxpayers hundreds of millions and workers their jobs,” said Clayton Cosgrove.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PARLIAMENT TODAY:

Generation Zero: Skypath Granted Resource Consent

Generation Zero is delighted and relieved that the ‘Skypath’ walking and cycling addition to the Harbour Bridge has been granted resource consent. More>>

ALSO:

Housing: Two New Auckland Special Housing Areas

Two new greenfield Special Housing Areas (SHAs) that will provide up to 1800 new homes in Auckland have been announced today by Building and Housing Minister Dr Nick Smith and Mayor Len Brown. More>>

ALSO:

Royals: The Prince Of Wales And Duchess Of Cornwall To Visit

Prime Minister John Key welcomes today’s announcement that the Prince of Wales and The Duchess of Cornwall will visit New Zealand in November. This will be the second joint visit for Their Royal Highnesses to New Zealand. More>>

ALSO:

Tracey Martin Replaced: Ron Mark Is New New Zealand First Deputy Leader

Clayton Mitchell was the successful candidate for the Associate Whip position. Winston Peters was re-elected as Leader by the Caucus. Ron Mark was elected as the Deputy Leader with effect from 10am, Friday, 3rd July. More>>

ALSO:

Rebuild Rebrand: "Regenerate Christchurch" To Replace CERA

The regeneration of Christchurch will be the city’s focus for the next five years as local leadership progressively takes control of the rebuild, Canterbury Earthquake Recovery Minister Gerry Brownlee says. More>>

ALSO:

Nauru: Scholars Urge Minister To Act On Deteriorating Democracy

“Since the 2013 election in Nauru, there has been a series of disturbing developments on the islands that indicate a severe deterioration in the state of its parliamentary democracy and in the rule of law,” say the scholars. More>>

ALSO:

Foreign Affairs: NZ Begins Presidency Of UN Security Council

Prime Minister John Key has welcomed the start of New Zealand’s month-long Presidency of the United Nations Security Council in New York. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news