Investor meeting for investors in Timaru

Investor meeting for investors in Timaru

EUFA are holding an investors focused public meeting at 10am next Friday, 6 August 2010 in Timaru.

The agenda is to inform investors of the lack of transparency and why Alan Hubbard was put into Statutory Management. The fundamentally wrong process will also be exposed showing the Authorities failed investors over the past ten years, directly causing the demise of the Hubbard Empire. The Authorities have hidden their negligence and failed to inform victims and the public of what has happened and why Mr Hubbard got hit by the big machine.

Investors suffering will be empowered to have their say at the meeting, which will give the opportunity to put publicly on record, a demand for accountability and explanation, for the reasons their investments were put at risk. An aggressive action in a delicate financial climate needs to be challenged. The meeting is intended to pave a path forward to ensure investors’ rights are achieved and delivered.

The EUFA organization continues to seek justice for victims of the $7b finance crisis, questioning the process, the reason for the pounce on Mr Hubbard and threat of the investor’s funds.

Coordinator of EUFA, Suzanne Edmonds said from Tauranga today;

“Investors and supporters who are standing by Mr Hubbard have citizens’ rights, to challenge the Government and the Authorities over their negligence.”

The Governments sweeping under the carpet, of the Authorities negligence will be demonstrated at the meeting.

Mrs Edmonds added;
:
“By Mr Power stepping up and introducing an “independent middleman” for Hubbard investors shows the Government can intervene in the process, but they have said constantly that they can’t. This proves investors of the entire $7b crisis have been seriously lied to by this power base.”

Suzanne Edmonds has emailed Mr Powers office this morning thanking him for his intervention which will at least help people keep their power on.

ENDS

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