Fletcher Chair resigns but directors retain huge fees despite staggering loss
Fletcher announces more huge losses but directors still laughing all the way to the bank
Fletcher announces more huge losses but directors still laughing all the way to the bank
Registrar of Pecuniary Interests Margaret Bazley, the country’s busiest pensioner, has presented recommendations for improving the transparency of MPs’ financial interests. It seems like good stuff, but it ignores the elephant in the room – the ability of MPs to use trusts to hide their shareholdings, and their conflicts of interest, from the public.
Turns out McCully’s shares in Widespread Portfolios are worth 20 cents a pop. $31 total. He paid a grand for them at $5-odd each. Ouch. Are these guys really so good at business? Is mining really such a good bet for the country? And what is hidden away in the trusts?
Richard Worth, OBE, is now in very serious trouble having been snared in what looks like untruths about using his Ministerial portfolio to […]
When the Tranzrail shares came to light, Key was asked whether he had any other undisclosed shares entailing a conflict of interest. He […]