John Key played public for fools on Air NZ
John Key played public for fools on Air
John Key has played the public for fools, denying
that any decision had been made on the timing of the Air New
Zealand sale on the very day his Finance Minister signed it
off, says Labour’s SOEs spokesperson Clayton
“The sale of Air New Zealand shares was the
worst kept secret in New Zealand on 14 November. That day
John Key brazenly claimed no decision had been made on the
timing. He was misleading the public.
“Not only had Bill
English given the final sign off for the timing that day,
new Treasury documents show Cabinet had previously agreed to
just two preferred periods for sale, the first of which had
already passed. That meant the only possible period
remaining was 15 – 19 November. The next day.
Key even claimed he had seen no advice that the sell down
could not happen between December and March, but he received
two Cabinet papers telling him that timeframe was not
“John Key has treated New Zealanders like
“As usual the timing of the release is extremely
cynical. Despite Labour requesting the information six weeks
ago these Cabinet papers were dumped by Treasury on the last
Friday before Christmas.
“John Key should stop trying to
bury bad news and be upfront with Kiwis. New Zealanders are
getting tired of him playing cute games with the truth,”
says Clayton Cosgrove.
News article where John key denies
Cabinet minute for timing
Treasury paper on timing advice:
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