INDEPENDENT NEWS

Maori money-go-round gets much murkier

Published: Thu 3 Apr 2008 10:19 AM
Tau Henare MP
National Party Maori Affairs Spokesman
(Education & TPK)
3 April 2008
Maori money-go-round gets much murkier
Labour’s move to take $35 million from the Maori Trustee to build a Maori economic development agency is getting even murkier, says National’s Maori Affairs spokesman, Tau Henare.
The Maori Trustee and Maori Development Amendment Bill revamps the Maori Trustee and Maori Trust Office and uses income derived from beneficiary money to set up a multimillion-dollar business fund administered by the personal appointees of the Minister of Maori Affairs.
“I already consider Labour’s appropriation of $35 million from the Maori Trustee as theft from the legitimate beneficiaries, but revelations that Te Puni Kokiri has handed over $360,000 from the Maori potential fund to the Maori Trustee demands explanation.
“This saga gets murkier by the day.
“Maori Affairs Minister Parekura Horomia was out on a very creaky limb even before these most recent revelations. This $35 million has been held in trust for the children and grandchildren of Maori landowners. It’s not Labour’s to steal.
“Giving the Maori Trustee $360,000 with one hand, while taking $35 million with the other is hard to explain even by the Minister’s standards. If the Maori Trustee is so flush with cash that Labour can steal $35 million from it, why does the trustee need $360,000 in government grants to do its job?”
ENDS

Next in New Zealand politics

Penny Drops – But What About Seymour And Peters?
By: New Zealand Labour Party
PM Announces Changes To Portfolios
By: New Zealand Government
Just 1 In 6 Oppose ‘Three Strikes’ - Poll
By: Family First New Zealand
Budget Blunder Shows Nicola Willis Could Cut Recovery Funding
By: New Zealand Labour Party
Urgent Changes To System Through First RMA Amendment Bill
By: New Zealand Government
Global Military Spending Increase Threatens Humanity And The Planet
By: Peace Movement Aotearoa
View as: DESKTOP | MOBILE © Scoop Media