Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


Decision on Solid Energy management inquiry

Decision on request to inquire into the management, governance, and oversight of Solid Energy

24 May 2013

In late March, the Auditor-General was asked to carry out an inquiry into the management, governance, and oversight of Solid Energy Ltd. The Auditor-General does not intend to carry out an inquiry into this issue.

“I have given considerable thought to requests that I carry out an inquiry into the management, governance, and oversight of Solid Energy Limited. My staff have visited both the Treasury and Solid Energy to obtain enough information for me to make an informed decision. Such an inquiry is within my mandate, and my Office has conducted similar inquiries in the past. However, I have decided not to carry out such an inquiry in this instance.

There are several reasons for my decision. There are already a number of reviews under way about Solid Energy’s performance and the monitoring of the Crown’s investment in the company, and the Treasury has released a range of information on these matters. Those reviews need to run their course. Naturally, I would want to see accountability to both Parliament and the public on the key issues raised with my Office, and I trust that those who are carrying out those reviews of Solid Energy will make any relevant information publicly available in due course. I also note that the company is undergoing significant restructuring, with effects on governance and staffing at all levels.

The company is already subject to a significant amount of review, scrutiny, and change. Given these circumstances, it is my judgement that an Auditor-General’s inquiry at the moment would not add enough value to justify the additional burden on the company and the taxpayer.

I will reconsider my position if circumstances change to such an extent that proper public accountability is undermined.”

ENDS


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Wage Hike For MPs (and Paul Robeson)

Hard to tell what is more infuriating. Is it the 5.3% increase on the already bloated salaries of MPs, or their pantomime of outrage at being gifted with such a wonderful back-dated bonanza?

As usual, Prime Minister John Key has busily tried to distance himself from the political fallout, even though he happens to be the main beneficiary of the Remuneration Authority’s generosity. Finance Minister Bill English says with a straight face that it would actually be very hard to give the money back...

Even if it were true, it would actually be very easy for English and any other guilty colleagues, to give the extra money away. There are any number of food banks or homeless shelters who would be able to put the money to good use. More>>

 

PARLIAMENT TODAY:

No Designers Or Visual Artists: Flag Panel Members Announced

The Government has appointed 12 New Zealanders as members of the Flag Consideration Panel which will engage with the public about a possible new New Zealand flag, Deputy Prime Minister Bill English says. More>>

ALSO:

Labour MP Stands Down From Portfolio: Comment From Carmel Sepuloni

The first I knew of my mother’s charges was when I was called by a reporter yesterday. I spoke to Andrew and we agreed there is a conflict of interest at the present time which means I will temporarily stand aside from the Social Development portfolio. It’s the right thing to do… . More>>

ALSO:

Gordon Campbell: On Whether NZ Troops Are The Least Of Islamic State’s Problems

Given that it has been politically packaged and sold as a training mission, the Iraq deployment announced yesterday by Prime Minister John Key seemed to be mysteriously short of actual trainers... The other wing of the argument is whether a troop deployment is (a) the only effective way and (b) the appropriate time to combat Islamic State. More>>

ALSO:

143 Troops, Possible SAS Deployment, Legalities Unsorted: PM’s Statement On ISIL

Mr Speaker, today I am announcing to the House the Government’s decisions about our contribution to the fight against the Islamic State of Iraq and the Levant, or ISIL... More>>

ALSO:

Liu Saga: PM's Dinner With Controversial Donor

John Key must front up to New Zealand and say what he discussed with Donghua Liu when the disgraced businessman paid $25,000 for the Prime Minister to come to dinner at his Remuera home, the Green Party said today. More>>

ALSO:

Roads: National MP 'Concerned' At Overseas Driver Crashes

Waitaki MP and Parliamentary Private Secretary for Tourism Jacqui Dean said she was concerned at the number of fatal crashes involving overseas licence holders and she really felt that the time had come for more to be done. More>>

ALSO:

Parliament Today: Parole Bill Passes

A bill reducing parole hearings deemed to be unnecessary has passed. The third reading of the Parole Amendment Bill was completed by 104 to 16 with the Greens and Maori Party opposed. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news