Ngapuhi Heading for Settlement Crisis

Published: Tue 4 Oct 2005 10:07 AM
4 October 2005
Ngapuhi Heading for Settlement Crisis
Ngapuhi – the country’s largest iwi – is heading for a financial crisis over the $66 million fisheries settlement it received last week, according to Ngapuhi leader David Rankin.
Mr. Rankin is the chairman of Ko Te Uira Tanuku Poto- a group of Ngapuhi kaumatua and academics – who are concerned about the current direction the iwi is heading in.
‘We have known for thirteen years that this settlement was coming’, says Mr. Rankin, ‘and in all that time, the Ngapuhi Runanga failed to develop a plan for managing and allocating the money. Now, they have received $66 million and they are scratching their heads, wondering what to do with it’.
Following some of the problems experienced by other iwi who have received settlements, such as Tainui, Mr. Rankin and Ko Te Uira Tanuku Poto are anxious that systems are put in place to protect Ngapuhi’s windfall. ‘This is our only chance at serious development for our people’; he says, ‘and we simply can’t afford to mess it up’.
‘I would like to say we have full confidence in the runanga’, says Mr. Rankin, ‘but based on their recent performance, we have real concerned for the financial future of Ngapuhi’.

Next in Business, Science, and Tech

Food Prices Increase 7.4 Percent Annually
By: Statistics New Zealand
REINZ July Data: Market Activity And Prices Continue To Ease, First Home Buyers Start To Return To The Market
Cigna Admits Making False And Misleading Representations
By: Financial Markets Authority
Retail NZ Welcomes Return Of Cruise Ships
By: Retail NZ
ASB Full Year Results: Building Resilience Today And For Our Future
By: ASB Bank
Commerce Commission Issues Draft Determination On News Publishers’ Association’s Collective Bargaining Application
By: Commerce Commission
Auckland Rental Prices Inch Up Again, But Upward Trend Could Ease In Coming Months
By: Barfoot and Thompson
View as: DESKTOP | MOBILE © Scoop Media