Hekia Parata’s lifelines must surely have all been used up? She’s asked the audience, called a friend and 50/50’d several times since multiple meltdowns in Education so one would hope for her sake that she doesn’t have a hand in these allegations…
State-owned firm’s ultimatum raises concern
The Government is being accused of standover tactics after a defunct state owned business, Learning Media, threatened to walk away from a $1.2 million contract on a lease in central Wellington.
It is understood to have delivered an ultimatum to the landlord to accept its offer for only a fraction of what’s owed on the lease in the next 24 hours or it will be pulled.
…such extreme measures are curious because the tip line tells us that ‘Learning media raised over $4 million in capital, by having its shareholding ministers buy new shares in the company. But, only some creditors have been paid in full… and they are foriegn banks: eg Westpac.’
Kiwi investors have been offered peanuts so such double standards won’t play out well if proven.
What’s happening on the iPredict markets?