Posts Tagged ‘shares’

Fletcher Chair resigns but directors retain huge fees despite staggering loss

Written By: - Date published: 4:34 pm, February 14th, 2018 - 123 comments

Fletcher announces more huge losses but directors still laughing all the way to the bank

Can we trust MPs while they have secret trusts?

Written By: - Date published: 1:08 pm, August 20th, 2010 - 10 comments

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.

Don’t take stock tips from Murray

Written By: - Date published: 10:18 pm, February 23rd, 2010 - 18 comments

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?

Mayday Mayday, Worth’s bought it and I’m losing altitude – Groser out

Written By: - Date published: 6:00 am, April 1st, 2009 - 35 comments

Richard Worth, OBE, is now in very serious trouble having been snared in what looks like untruths about using his Ministerial portfolio to further the interests of a company he had a private commercial interest in. It’s pretty blatant and really Key won’t be able to get away with keeping him on for much longer. […]

Standard Scoop: Key exposed again on secret shares and Tranzrail

Written By: - Date published: 9:00 pm, October 26th, 2008 - 142 comments

When the Tranzrail shares came to light, Key was asked whether he had any other undisclosed shares entailing a conflict of interest. He said he didn’t. That was not true. National Party Leader John Key failed to disclose his conflict of interest arising from his share holding in Fletcher Challenge Forests while using his privileges […]

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