web analytics
The Standard

When were National fixing Shell Companies again?

Written By: - Date published: 8:24 am, December 2nd, 2012 - 10 comments
Categories: business - Tags: ,

This story reads like a Bond film – with people getting bumped off left, right and centre.

And where do they do their money laundering?  Good ol’ Aotearoa.

National made noises about fixing these false shell companies when this story first surfaced 18 months ago… but as ever this isn’t an action-packed government, keen to sort problems, and the companies are still being created.

But if they could get to it before our reputation is too 100% Pure soiled and we end up in a real Bond film – that’d be great, thanks.

10 comments on “When were National fixing Shell Companies again?”

  1. marsman 1

    Lord Ashcroft, John Key’s great chum who flies into NZ in his private jet on the eve of Elections to ‘confer’ with Key, is a great fan of shell companies for his own dodgy dealings. Ashcroft gave the Australian Tories one million dollars for their Election campaign, how much did he give John Key?

    • John Key gave Lord Ashcroft access to our Police Force, he mentored them for three months.

      Lord Ashcroft has dedicated his life and fortune to furthering the “One World Government” ideology, Lord Ashcroft has, I have read, equipped our Police Force with the latest Riot gear you see on Police in Europe.

      One wonders why if the National Government is truly working in the best interests of the New Zealand citizens why they need such squads to keep the workers suppressed.

  2. BM 2

    So, what’s the hold up ?

  3. Poission 3

    The realm of responsibility falls here on Dunne who is a complete buffoon on this matter eg the 60 minutes interview.

    These foreign trusts are solely for the reason of creating opaqueness in the ownership of foreign held assets,that help evade tax in their own countries.

    The minister of money laundering needs to go.and NZ needs to overhaul the entire trust ac system here we could be a good example to the rest of the world ,

  4. RedLogix 4

    The reason why no action is simple. The simplest glance at the shell company question reveals how many thousands of them there are, and how deeply entrenched they are in our political landscape. It’s not just Russian criminals who use them.

    Any attempt to unwind them would impact too many of National’s good mates. Nothing will be done in too much of a rush.

  5. BM 5

    When I do a bit of research I find articles like this

    http://www.scoop.co.nz/stories/HL1207/S00138/cracking-down-on-shell-companies.htm

    As the article states, the Companies and Limited Partnerships Amendment Bill has been sent to select committee and every thing is waiting on that.

    Why the need to lie and bull shit, as a politician are you expected or told to do that?

    • Ben Clark 5.1

      And did you notice the date on when it got sent to Select Committee? July. It’s now December, and there’s no date for when it’s coming back from Select Committee.

      Have you ever heard of Long Grass?

      National have bills they care about in Select Committee for a few weeks, not months. Indeed the ones they really care about they abrogate due process and use urgency to force it through select committee pretty much instantly.

      As a further note, after standing (and failing) in 2011, how long am I a ‘politician’ for? Just so I can have due reference. Oddly nobody’s given me any advice about expectations or anything on what opinions (or ‘lies and bullshit’ as you like to call them) I may express as a former candidate – guess I live in a free country and belong to a non-authoritarian party.

  6. There are several buildings in Wellington filled with Shell companies, they just have boxes and the makings of an office but no one uses them. One potential one I can name is some businesses on 84 Dixon Street.

  7. Akldnut 7

    Key and his govt will do anything to get another major movie made here (sarc), PJ has already said that its unlikely that he will be making another LOTR offshoot here.

  8. Lanthanide 8

    “But if they could get to it before our reputation is too 100% Pure soiled and we end up in a real Bond film – that’d be great, thanks.”

    We already have the perfect Bond villain: Kim Dotcom.

    He really has it all:
    – German accent
    – Quirky name
    – Larger than life personality
    – Shady background
    – Computer skills
    – Profligate wealth
    – Beautiful wife

Recent Comments

Recent Posts

1 2 3 8

  • John Key now admits no broad support for RMA changes
    John Key has now been forced to admit that he never had the broad political support to gut the Resource Management Act, says Labour’s Environment spokesperson Megan Woods. “Cornerstone legislation such as the RMA should never be changed without genuine… ...
    2 hours ago
  • National’s changes leave student bodies in chaos
    The chaos created by National’s scrapping of compulsory student association membership may force the 86-year old Union of Students Association to fold, Labour’s Tertiary Education spokesperson David Cunliffe says. “National’s 2011 Voluntary Student Membership Act has left student associations with… ...
    3 hours ago
  • Tragedy must be impetus for better training
    The Police Minister needs to explain why unsworn and inadequately trained custody officers were put in a situation of caring for a medically unwell prisoner on a busy Saturday night, Labour’s Police spokesperson Kelvin Davis says. Commenting on an IPCA… ...
    3 days ago
  • Government must be more transparent on investor state clauses
    The Government must be more transparent around the draft investor state dispute settlements in the TPPA, says David Parker, Labour’s Export Growth and Trade spokesperson. “Labour is pro trade, and is proud of the FTA we negotiated with China, which… ...
    3 days ago
  • Protect university staff and student voices
    The Green Party believes ensuring student and staff representation on university councils is important. National recently passed a law reducing the size of university governance councils while increasing the proportion of the members nominated by, guess who… Steven Joyce. The… ...
    GreensBy Gareth Hughes MP
    4 days ago
  • C’mon Nick what’s the truth on the RMA
     “Nick Smith has got to fess up and tell us what is happening to his much vaunted RMA reform, Labour’s Environment spokesperson Megan Woods says.  “With just a day and a half to go before the polls open in Northland,… ...
    4 days ago
  • SSC salaries sink National’s spending spin
    Massive pay rises at the State Services Commission prove National’s claims of clamping down on spending in the public sector are simply fantasy, Labour’s State Services spokesman Kris Faafoi says. “Salaries in this one department are almost $70,000 more than… ...
    4 days ago
  • We can fix Christchurch and keep our assets
    The Christchurch City Council is seeking public feedback on its proposed 10 year plan for Council revenue and spending. This is probably one of the most significant 10 year plans ever to be written by a local council because of… ...
    GreensBy Eugenie Sage MP
    4 days ago
  • Epidemic of serious assaults in our prisons
    Labour wants stab proof vests and pepper spray for all corrections officers to keep them safe from the epidemic of serious prison assaults that are occurring around the country’s jails, says Labour’s Corrections Spokesperson Kelvin Davis.  “There have been five… ...
    4 days ago
  • Listen to the locals Hekia!
    Minister Hekia Parata needs to understand what consultation is, Port Hills MP Ruth Dyson says. “It means you have to listen to what people say in their submissions and then be able to demonstrate you have considered their views when… ...
    5 days ago
  • Thanking our caregivers
    Let’s celebrate and thank our caregivers. This week is caregivers’ week. It’s a chance to acknowledge the thousands of women, and occasional other person, who are caring for the elderly and disabled in our country. They hold people’s lives in… ...
    GreensBy Jan Logie MP
    5 days ago
  • Mana Post shop the best outcome for community
    Labour MP for Mana Kris Faafoi has welcomed the move to place the services from the Mana Post shop to a local small business. “This is the best outcome for the community we could ask for. All the vital services… ...
    5 days ago
  • Labour looks to put the tea back into entitlements
    Labour is moving to restore the rights of Kiwis to take tea and rest breaks, Leader Andrew Little says. “Within months of the Government’s Employment Relations Amendment Bill becoming law we are already seeing some of our largest companies, including… ...
    5 days ago
  • Desperate money grab to keep Ruataniwha afloat
    The Hawke’s Bay Regional Investment Company’s decision to borrow $4 million to keep the Ruataniwha project afloat is a case of throwing ratepayer’s good money after bad, says Labour’s Water spokesperson Meka Whaitiri and Napier MP Stuart Nash.   “This bridging… ...
    6 days ago
  • Roundup: UN finds it “probably” causes cancer
    At last the UN has spoken out against the widely-used weedkiller Roundup. The UN’s International Agency for Research on Cancer has identified glyphosate, the principle ingredient in Roundup, as a probable carcinogen. They also include as probable carcinogens the insecticides… ...
    GreensBy Steffan Browning MP
    6 days ago
  • Invermay petition delivered to Parliament
    Labour’s Economic Development spokesperson David Clark handed over a 12,450 signature Save Invermay petition to Dunedin South MP Clare Curran on the steps of Parliament today.  “The level of support that the petition has received across New Zealand is overwhelming,”… ...
    6 days ago
  • Redcliffs School closure plan wrong
    The Government’s proposal to consult on the closure of Redcliffs School not only goes against the best geotechnical advice, but more importantly goes against the best educational outcomes for Redcliffs children and the health of our community, Port Hills MP… ...
    6 days ago
  • Cotton On first to test the tea breaks law
    Australian corporate Cotton On, the first major business operating in New Zealand to exploit the new tea breaks law, could walk away from negotiations if it doesn’t get its own way, says Labour Party Labour Relations spokesperson Iain Lees-Galloway.  “Cotton… ...
    7 days ago
  • World water day: eight rivers in one day
    Our photo journey started by the Waioweka (also known as Waioeka) River which flows from Te Urewera to Opotiki, and is surrounded by beautiful forest. The water looked great! Kopeopeo Canal It contrasted greatly with the Kopeopeo Canal near Whakatane,… ...
    GreensBy Catherine Delahunty MP
    7 days ago
  • Council can stop Port’s encroachment on harbour
    As owner of the Port of Auckland, Council can stop the wharf extension and reclamation if it wants to, says Labour’s Auckland Issues spokesperson Phil Goff. ‘As owner the council is custodian of the port and harbour on behalf of… ...
    1 week ago
  • We all benefit when education meets everyone’s needs
    As Dyslexia week comes to a close,  Dyslexia NZ have reminded us that around 10% of our citizens are dyslexic and are entitled to better support. One of their strongest arguments is that failure to provide identification and support for… ...
    GreensBy Catherine Delahunty MP
    1 week ago
  • Big change starts small
    Today marks Race Relations Day in New Zealand. Race Relations Day coincides with the International Day for the Elimination of Racial Discrimination.  The United Nations General Assembly chose this day as it marks the day in 1960 when 69 peaceful… ...
    GreensBy Denise Roche MP
    1 week ago
  • Israel, Palestine and the question of statehood
    The knife-edge election in Israel complicates the Middle East situation, even more than usual. The Prime Minister-elect, Binyamin Netanyahu, is moving to form a government. Netanyahu has indicated that, during his term, a Palestinian state would not be established. That… ...
    GreensBy Kennedy Graham MP
    1 week ago
  • Christchurch transport goes backwards
    The Green Party has a vision of a liveable, accessible Christchurch with a sense of identity and strong connected communities. Instead, 2013 census figures released by Statistics New Zealand reveal a fractured community, and tell a story of frustrated Christchurch commuters… ...
    GreensBy Eugenie Sage MP
    1 week ago
  • Super Fund should divest $140 million in high risk coal
    The Green Party is calling on the New Zealand Super Fund to divest their $140 million investment in coal companies that are vulnerable to becoming financially stranded according to a damning new report from Oxford University. The Smith School of… ...
    GreensBy Russel Norman MP
    2 weeks ago
  • Learn to count with Mark Osborne: 0 + 1 = ?
    The adage about the first casualty of war being truth is one that might often be applied to the political battle for hearts and minds, and of course votes. A rather unfortunate example of this has been arriving in the… ...
    GreensBy David Clendon MP
    2 weeks ago
  • Is it still a safety net when the holes are this big?
    Over the last few weeks I’ve been wondering how safe our income support system is for people, especially those with cognitive or learning disabilities. I’ve been trying to support a young man who was severely injured in a workplace accident… ...
    GreensBy Jan Logie MP
    2 weeks ago
  • Pasifika – protecting the Pacific needed now more than ever.
    Over the weekend thousands of Aucklanders flocked to celebrate our city’s diverse Pacific communities and cultures at the annual Pasifika festival and the Greens were there to join them. The Pasifika festival has been held every year for 23… ...
    GreensBy Denise Roche MP
    2 weeks ago
  • Sounds Stakeholders Seek a Sustainable Future
    It was heartening to see a large number of people who care about the Marlborough Sounds come together at the Marlborough Marine Futures’ forum in Picton on March 8. Fellow Green MP Steffan Browning, who lives in Marlborough, and I… ...
    GreensBy Eugenie Sage MP
    2 weeks ago
  • Solid Energy, who will clean up the mess?
    What can you say? This state-owned coal miner is facing some very serious problems. They haven’t run a profit in years, have required two Government bailouts, laid-off more than 700 staff and look like they need a third injection of… ...
    GreensBy Gareth Hughes MP
    3 weeks ago

Removed at the request of The Daily Blog.
Public service advertisements by The Standard

Current CO2 level in the atmosphere