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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

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