Clayton
COSGROVE
SOE Spokesperson
8 March 2013 MEDIA STATEMENT
Labour calls for inquiry into Solid Energy
Labour is writing to the chair of the Commerce Select Committee to request an inquiry into the collapse of Solid Energy
and to issue a subpoena to its former chief executive Dr Don Elder if necessary, says Labour’s SOE spokesperson Clayton
Cosgrove.
“Solid Energy’s collapse is a huge concern to the public. New Zealanders deserve answers on how this successful company
turned into a basket case.
“I am writing to Jonathan Young, the chair of the Commerce Select Committee requesting an inquiry into the clearly
deep-rooted problems in this company.
“The current chair and interim chief executive are new to the roles and can’t answer questions adequately, through no
fault of their own.
“One of the people who has the answers is currently being paid $1.3 million a year to work from home. Former chief
executive Dr Don Elder must appear before the committee. Solid Energy has said he is free to do so. If he does not wish
to appear I will ask the committee to issue a subpoena for him to attend.
“It’s time for answers,” says Clayton Cosgrove.
ENDS