EUFA Meets With Human Rights Commission
EUFA
(Exposing Unacceptable
Financial Activities Inc Soc)
www.eufa.co.nz
EUFA Meeting Human Rights Commission In Wellington Today
Eufa Representatives are meeting with the Human Rights Commission in Wellington today to demonstrate the states failure to provide protection to investors.
The
Eufa meeting ironically coincides with the latest
proceedings against the high profile company directors in
Lombard Finance and the chemical company Nuplex including
the resignation
of David Jackson a member of the
securities commission.
Investor issues are being taken to
the Human Rights Commission due to the authorities failure
to provide the investing public their fundamental rights to
the protection of the law.
Many laws have been broken due
to lack of enforcement.
Eufa Coordinator Suzanne Edmonds
said from Wellington today "We didn't expect the Security
Commission proceedings to coincide with our meeting with the
Human Rights Commission
but certainly this is timely
given the investors constant demand for accountability and
justice.
Investors are demanding that all finance company directors and management of the troubled companies are investigated by the authorities.
The Minister has been reported as accepting Security Commission member David Jackson's resignation.
Mrs Edmonds adds "It is a sad day
for New Zealanders and a minister of the crown, when an
authority such as the Securities Commission have had to
issue proceedings to one of its own Statutory
officers,
but the culture is endemic and is no surprise to our
members".
The minister of justice last month went to the united nations, claiming a proud Human rights record for New Zealand. This is a fast, while no effective remedies are available for the violation of investors fundamental rights.
Ends